Overview
What is National Collegiate Inventors & Innovators Alliance Inc?
National Collegiate Inventors & Innovators Alliance Inc, also known as VentureWell, is a Massachusetts-based nonprofit organization with a mission to cultivate a pipeline of inventors, innovators, and entrepreneurs. They foster collaboration among the brightest minds from research labs, classrooms, and beyond to advance innovation and entrepreneurship education. With a staff of 85 individuals, VentureWell administers programs like the National Institutes of Health's Rapid Acceleration of Diagnostics (RADX) initiative, which aims to expand the availability of innovative diagnostic technologies for SARS-CoV-2 testing across the country. VentureWell's unique opportunities enable STEM students and researchers to fully realize their potential and make a lasting impact on the world.
Official website here: www.venturewell.org
Is National Collegiate Inventors & Innovators Alliance Inc legitimate?
National Collegiate Inventors & Innovators Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Collegiate Inventors & Innovators Alliance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $654,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,223,220
For more financial information, click here
What is the mission statement of National Collegiate Inventors & Innovators Alliance Inc?
The National Collegiate Inventors & Innovators Alliance Inc, known as VentureWell, is dedicated to nurturing a pipeline of inventors, innovators, and entrepreneurs driven to address the world's most significant challenges and create lasting impact. They facilitate collaboration among top minds from research labs, classrooms, and beyond to advance innovation and entrepreneurship education. VentureWell offers unique opportunities for STEM students and researchers to fully realize their potential in improving the world. Their mission is to cultivate a community that fosters the development of new ideas and technologies, ultimately leading to positive change.
Official website here: www.venturewell.org
What is the revenue of National Collegiate Inventors & Innovators Alliance Inc?
National Collegiate Inventors & Innovators Alliance Inc's revenue in 2022 was $81,594,297.
Official website here: www.venturewell.org
Who are the executives of National Collegiate Inventors & Innovators Alliance Inc and what are their salaries?
The average compensation at National Collegiate Inventors & Innovators Alliance Inc during 2022 was $92,680. There are 85 employees and 11 volunteers at National Collegiate Inventors & Innovators Alliance Inc.
Here are 18 key members and their salaries:
- Philip Weilerstein (President) [Trustee/Director]
- Jennifer Holme (Assistant Secretary)
- Laura Sampath (Vp, Programs)
- Christopher Desrosiers (Vp, Finance & Administration)
- Mark Marino (Vp, Growth Strategy & Development)
- Ursa Scherer (Vp, People & Culture)
- Allison Mcdonald (Director, Marketing & Communications)
- Abigail Barrow (Chair) [Trustee/Director]
- Michael Malone (Treasurer) [Trustee/Director]
- Todd Warren (Secretary) [Trustee/Director]
- Donna Petkanics (Emeritus Board Member) [Trustee/Director]
- Gilda Barabino (Director)
- Jerome Engel (Emeritus Board Member) [Trustee/Director]
- Jos Estabil (Director)
- Michael Marasco (Director)
- Paul Yock (Director)
- Randy Lewis (Director)
- Youseph Yazdi (Director)
Official website here: www.venturewell.org
Where can I find the form 990 for National Collegiate Inventors & Innovators Alliance Inc?
The National Collegiate Inventors & Innovators Alliance Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.venturewell.org
Learn more at the official website: www.venturewell.org
Mission Statement of National Collegiate Inventors & Innovators Alliance Inc
The National Collegiate Inventors & Innovators Alliance Inc, often referred to as VentureWell, is a mission-driven organization that is dedicated to cultivating a pipeline of inventors, innovators, and entrepreneurs. These individuals are driven to solve the world's biggest challenges and create lasting impact. VentureWell fosters collaboration among the best minds from research labs, classrooms, and beyond to advance innovation and entrepreneurship education. They provide unique opportunities for STEM students and researchers to fully realize their potential to improve the world.
In essence, VentureWell serves as a bridge between academic institutions and the real world, enabling inventors and innovators to bring their ideas to life and make a difference. The organization champions a culture of collaboration and innovation, believing that by working together, they can tackle the world's most pressing issues. Through their initiatives, they provide resources, mentorship, and funding to help inventors and innovators develop their ideas into viable businesses and products.
VentureWell's approach is unique in that they focus on the intersection of academia and entrepreneurship. They understand that the journey from lab to market is long and complex, and they are committed to supporting inventors and innovators every step of the way. By providing access to resources, opportunities, and a supportive community, VentureWell empowers the next generation of inventors and innovators to create solutions that will shape our future.
Impact
This information is meant to be a general summary of National Collegiate Inventors & Innovators Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
National Collegiate Inventors & Innovators Alliance Inc, operating under the name VentureWell, is making a significant impact by cultivating a pipeline of inventors, innovators, and entrepreneurs dedicated to solving the world's most pressing challenges. Through fostering collaboration among top minds in research labs and classrooms, VentureWell is advancing innovation and entrepreneurship education. By providing unique opportunities for STEM students and researchers to realize their potential and make a difference in the world, VentureWell is playing a crucial role in creating lasting impact. Additionally, as the network partner and administrator for the National Institutes of Health's Rapid Acceleration of Diagnostics Initiative (RADx), VentureWell is contributing to the expansion of innovative diagnostic technologies to support rapid and reliable testing for COVID-19, thus helping to address a critical global health need.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Service Fees
Revenue
$73,356,728
Participant Registration Fees
Revenue
$2,904,205
Organization Details
Founding Year
2007
Phone
(413) 587-2172
Main Address
100 Venture Way, Hadley, MA, 01035
Website
www.venturewell.org
NTEE Category
Code: B12 - Education
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