Overview
What is Wake Forest Innovation Quarter Development Co?
Wake Forest Innovation Quarter Development Co is a nonprofit organization situated in Winston-Salem, North Carolina, specifically at 1200 Medical Center Boulevard. Their primary mission revolves around educating community leaders about technology-based businesses and addressing the educational needs that support these enterprises. By fostering consensus among key leaders, they aim to develop a research park, serving as an ideal location for technology-driven companies to establish their operations. This vibrant setting aims to stimulate the growth of technology through the education of community leaders and the creation of a conducive environment for technology-based companies.
Official website here: www.innovationquarter.com
Is Wake Forest Innovation Quarter Development Co legitimate?
Wake Forest Innovation Quarter Development Co is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wake Forest Innovation Quarter Development Co 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.innovationquarter.com
What is the mission statement of Wake Forest Innovation Quarter Development Co?
The Wake Forest Innovation Quarter Development Co's mission is centered around fostering technology advancement. This is achieved through two primary methods. Firstly, they educate community leaders about technology-based businesses and the educational needs that support such ventures. Secondly, they work towards building consensus among key leaders regarding the development of a research park, aiming to create a vibrant environment where technology-based companies can establish their operations. This research park serves as an attractive location for these companies, providing them with a conducive space to grow and thrive.
Official website here: www.innovationquarter.com
Who is the CEO of Wake Forest Innovation Quarter Development Co?
Terry L Hales Jr is the Director, Secretary of Wake Forest Innovation Quarter Development Co.
Official website here: www.innovationquarter.com
What is the revenue of Wake Forest Innovation Quarter Development Co?
Wake Forest Innovation Quarter Development Co's revenue in 2021 was $0.
Official website here: www.innovationquarter.com
Who are the executives of Wake Forest Innovation Quarter Development Co and what are their salaries?
There 3 volunteers at Wake Forest Innovation Quarter Development Co.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $1,218,034
- Other: $102,296
- Compensation: $0
- Related: $775,775
- Other: $153,934
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.innovationquarter.com
Where can I find the form 990 for Wake Forest Innovation Quarter Development Co?
Wake Forest Innovation Quarter Development Co's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.innovationquarter.com
Learn more at the official website: www.innovationquarter.com
Mission Statement of Wake Forest Innovation Quarter Development Co
Wake Forest Innovation Quarter Development Co is committed to fostering the development of technology in its community. This is achieved through two primary methods: educating community leaders about technology-based businesses and the educational needs that support such enterprises, and promoting the development of a research park. By educating leaders, the organization aims to build consensus around the idea of establishing a vibrant location where technology-focused companies can thrive. The research park, in turn, provides a conducive environment for these businesses to establish and grow their operations. By fostering these initiatives, Wake Forest Innovation Quarter Development Co contributes to the advancement of technology and the economic growth of its community.
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Impact
October, 2024
Wake Forest Innovation Quarter Development Co plays a pivotal role in transforming Winston-Salem into a thriving hub for technology-based enterprises. By focusing on the education of community leaders about the intricacies of technology-driven businesses, the organization ensures that local stakeholders are well-equipped to foster growth in this dynamic sector.
One of its key initiatives is the development of a research park, designed to create an environment conducive to innovation and collaboration. This strategic endeavor not only attracts technology companies but also cultivates a vibrant ecosystem that supports entrepreneurial ventures and research initiatives. The research park serves as a vital catalyst for economic development, positioning Winston-Salem as a competitive player in the tech industry.
Overall, the impact of Wake Forest Innovation Quarter Development Co is multifaceted, encompassing community engagement, education, and the creation of essential infrastructure to support technology advancements. By building consensus among community leaders, the organization effectively aligns resources and vision toward sustained growth, making a significant contribution to the region's economic and technological landscape.
This information is meant to be a general summary of Wake Forest Innovation Quarter Development Co. 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 2021.
Assets and Liabilities:
- Total Assets: $354,101
- Total Liabilities: $0
- Net Assets: $354,101
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Organization Details
Founding Year
1998
Phone
(336) 716-4445Principal Officer
Terry L Hales Jr
Main Address
MEDICAL CENTER BOULEVARD, WINSTONSALEM, NC, 27157
Website
www.innovationquarter.comNTEE Category
Code: S30 - Community improvement
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