Overview
What is La Kretz Innovation Campus?
La Kretz Innovation Campus is a 60,000 square foot facility constructed on a 3.2-acre plot in Los Angeles, California, specifically at 111 N Hope Street Room 450. This nonprofit space was created for the Los Angeles Department of Water and Power, serving as a hub for innovative energy technologies. The facility boasts collaborative workspaces and offices, an advanced prototyping center, a 125-person amphitheater, conference spaces, a training center, a solar farm, and a microgrid R&D center. Additionally, it houses a customer engagement center and testing laboratories, all aimed at fostering and accelerating businesses developing clean and efficient energy technologies in Los Angeles. The nonprofit's mission is to attract, support, and incubate such businesses, contributing to the city's sustainable energy development.
Is La Kretz Innovation Campus legitimate?
La Kretz Innovation Campus is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Kretz Innovation Campus 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.
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What is the mission statement of La Kretz Innovation Campus?
The La Kretz Innovation Campus's mission is to obtain and enhance facilities that serve to attract, support, and foster the development and commercialization of businesses specializing in clean and efficient energy technologies. This mission aims to provide a conducive environment for businesses to innovate and grow in the field of energy technology. The organization has constructed a 60,000 square foot facility, featuring collaborative workspace, advanced prototyping centers, a customer engagement center, and testing laboratories, among other amenities, to support this mission. These facilities are designed to support businesses in the development and commercialization of energy technologies, thereby contributing to the advancement of clean and efficient energy solutions.
Who is the CEO of La Kretz Innovation Campus?
Ann M Santilli is the Member of La Kretz Innovation Campus. The CEO's salary of La Kretz Innovation Campus is $0 and their total compensation is $0.
What is the revenue of La Kretz Innovation Campus?
La Kretz Innovation Campus's revenue in 2022 was -$845,232.
Who are the executives of La Kretz Innovation Campus and what are their salaries?
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Where can I find the form 990 for La Kretz Innovation Campus?
La Kretz Innovation Campus's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of La Kretz Innovation Campus
La Kretz Innovation Campus is committed to an ambitious mission. This nonprofit organization aims to acquire and develop facilities that serve as a magnet, fostering and nurturing businesses that are pioneering and commercializing energy technologies that are both clean and efficient. By doing so, La Kretz Innovation Campus intends to contribute significantly to the city of Los Angeles, specifically in the realm of sustainable energy solutions.
To achieve this mission, La Kretz Innovation Campus constructed a state-of-the-art facility, encompassing 60,000 square feet on a 3.2-acre plot. This cutting-edge campus is equipped with a variety of features, such as a collaborative workspace and offices, an advanced prototyping center, a 125-person amphitheater and conference space, a training center complete with three large classrooms, a solar farm and microgrid research and development center, a customer engagement center, and testing laboratories. These features provide businesses with the necessary resources and infrastructure to develop, test, and commercialize their innovative energy technologies. All expenses related to the operation of this facility are directly tied to the operating lease.
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Impact
October, 2024
La Kretz Innovation Campus significantly advances clean and efficient energy technologies in Los Angeles. By providing a state-of-the-art 60,000 square foot facility, it fosters collaboration and innovation among businesses and entrepreneurs in the energy sector. The campus features 30,000 square feet dedicated to collaborative workspace and offices, enabling partnerships and knowledge sharing.
The advanced prototyping center and testing laboratories allow for hands-on experimentation and development of new technologies, while the 175 kW solar farm and microgrid R&D center promote sustainable energy practices. The facility also includes a 125-person amphitheater and conference space, serving as a venue for discussions, workshops, and educational events that further nurture a community focused on energy solutions.
Additionally, the training center with large classrooms supports workforce development, ensuring that the next generation of energy professionals is well-prepared. Overall, La Kretz Innovation Campus serves as a crucial hub for innovation, helping to accelerate the commercialization of clean energy technologies and contributing to a more sustainable future for Los Angeles.
This information is meant to be a general summary of La Kretz Innovation Campus. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Gross Receipts: $2,350,172
Assets and Liabilities:
- Total Assets: $44,715,038
- Total Liabilities: $43,893,098
- Net Assets: $821,940
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Organization Details
Founding Year
2013
Phone
(213) 367-4319Principal Officer
Ann M Santilli
Main Address
111 N HOPE STREET ROOM 450, LOS ANGELES, CA, 90012
NTEE Category
Code: B90 - Education
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