Overview
What is Innovate Abq Inc?
Innovate Abq Inc is a public-private partnership, spearheaded by the University of New Mexico, with a mission to develop an innovation district in Albuquerque, New Mexico. Positioned strategically between the university and downtown Albuquerque, this district aims to foster a connected technology community that encourages innovation, technological advancement, and entrepreneurial activity. The project encompasses planning and development of a central site in downtown Albuquerque, expanding into a larger research and high-tech business district. This district is envisioned to include compatible research labs, tech companies, educational programs, business services, support services, commercial and retail businesses, residential living spaces, and a business incubator. Innovate Abq Inc's goal is to create a dynamic ecosystem that nurtures the growth of a new innovation economy in New Mexico. With a modest team of two individuals, the organization serves as a catalyst for driving technological progress and fostering a vibrant entrepreneurial scene in the region.
Official website here: www.innovateabq.com
What do the Facebook reviews say about Innovate Abq Inc?
It's clear that Innovate Abq Inc is generating positive sentiment among those who have shared their thoughts. Although the organization hasn't accumulated an extensive number of reviews yet, the existing feedback highlights the strengths of the nonprofit.
One reviewer specifically praised the "great staff" and noted their "creative thinking," which suggests that participants appreciate the innovative approaches the organization employs. Additionally, the mention of a "realistic vision" indicates that users feel grounded in the nonprofit's mission and objectives.
Overall, the enthusiasm and supportive remarks from the limited number of reviews showcase a promising outlook for Innovate Abq Inc, pointing to a solid foundation for future growth and development in serving their community.
This AI summary has been generated from reviews found on Facebook.
Is Innovate Abq Inc legitimate?
Innovate Abq Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovate Abq 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.innovateabq.com
What is the mission statement of Innovate Abq Inc?
Innovate Abq Inc's mission is centered around developing an innovation district, fostering a synergetic relationship between a university and downtown area. This partnership, led by the University of New Mexico, aims to establish a core site within a larger surrounding research and high-tech business district. The vision for this project is the creation of an integrated, highly connected technology community that encourages innovation, technological advancement, and entrepreneurial activity. This community could potentially include research and commercial labs, technology companies, educational programs, business services, support services, commercial and retail businesses, residential living spaces, and a business incubator. The goal is to catalyze a new innovation economy.
Official website here: www.innovateabq.com
Who is the CEO of Innovate Abq Inc?
Teresa Costantinidis is the Chair of Innovate Abq Inc.
Official website here: www.innovateabq.com
What is the revenue of Innovate Abq Inc?
Innovate Abq Inc's revenue in 2020 was $196,882.
Official website here: www.innovateabq.com
Who are the executives of Innovate Abq Inc and what are their salaries?
There are 2 employees and 11 volunteers at Innovate Abq Inc.
Here are 14 key members and their salaries:
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Official website here: www.innovateabq.com
Where can I find the form 990 for Innovate Abq Inc?
Innovate Abq Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.innovateabq.com
Learn more at the official website: www.innovateabq.com
Mission Statement of Innovate Abq Inc
Innovate Abq Inc, a public-private partnership led by the University of New Mexico, aims to develop an innovation district. This district is strategically positioned between the university and downtown Albuquerque, New Mexico. The project encompasses planning and development of a central site within a larger surrounding research and high-technology business district. This innovation district serves as a catalyst for a new innovation economy in New Mexico.
The vision for Innovate Abq Inc is the creation of an integrated, highly connected technology community. This community would foster innovation, technological advancement, and entrepreneurial activity. The community may include compatible research and commercial labs, science and technology companies, educational programs, business services, support services, commercial and retail businesses, residential living spaces, and a business incubator. The ultimate goal is to establish a thriving innovation ecosystem that encourages collaboration and growth.
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Impact
October, 2024
Innovate ABQ Inc has a transformative impact on Albuquerque, New Mexico, by spearheading the development of a vibrant Innovation District strategically located between the University of New Mexico and downtown Albuquerque. This initiative serves as a catalyst for economic growth, fostering a new innovation economy that integrates research, technology, and entrepreneurship.
By creating an ecosystem that includes research and commercial labs, science and technology companies, and educational programs, Innovate ABQ Inc cultivates a connected community where innovation can thrive. The presence of a business incubator further supports emerging entrepreneurs, while residential and retail spaces contribute to a dynamic urban environment.
The project not only enhances the collaboration between academia and industry but also enriches the local economy by attracting talent, investment, and new business opportunities. Ultimately, Innovate ABQ Inc plays a crucial role in positioning Albuquerque as a hub for technological advancement and entrepreneurial success.
This information is meant to be a general summary of Innovate Abq Inc. 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 2020.
- Program Service Revenue: $80,954
- Gross Receipts: $196,882
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE INCOME
Revenue
$80,954
Organization Details
Founding Year
2014
Phone
(505) 925-1610Principal Officer
Teresa Costantinidis
Main Address
801 UNIVERSITY BLVD SE NO 207, ALBUQUERQUE, NM, 87106
Website
www.innovateabq.comNTEE Category
Code: B90 - Education
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