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Springboard Incubators Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 814200249 ✦ Garden city, NY ✦ Designated as a 501(c)(3)

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Overview

What is Springboard Incubators Inc?

Springboard Incubators Inc is a nonprofit organization that offers innovative solutions for entrepreneurs and businesses. Situated within their hub, members can benefit from virtual office spaces, high-speed internet access, private meeting rooms, and abundant collaborative areas. The large co-meeting rooms encourage teamwork and brainstorming sessions, providing a conducive environment for growth and development. While the information provided does not specify Springboard Incubators Inc's mission or activities, it is apparent that they cater to businesses in need of virtual workspaces and collaborative environments.


Official website here: www.springboardincubators.org

Is Springboard Incubators Inc legitimate?

Springboard Incubators Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springboard Incubators Inc submitted a form 990EZ, 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: $18,620
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,016

For more financial information, click here


Official website here: www.springboardincubators.org

What is the mission statement of Springboard Incubators Inc?

Springboard Incubators Inc, as an innovation hub, offers virtual office spaces, high-speed internet access, private meeting rooms, desks, collaborative areas, and large co-meeting rooms. While the provided information does not explicitly state a mission statement, it suggests that the organization's purpose is to provide a conducive environment for entrepreneurs and innovators, offering necessary facilities to foster collaboration and productivity. Springboard Incubators Inc seems to be committed to supporting startups and businesses in their growth journey, providing them with the necessary infrastructure to succeed. However, further details about the organization's mission, such as its vision or its focus on specific industries or communities, are not available in the provided information.


Official website here: www.springboardincubators.org

Who is the CEO of Springboard Incubators Inc?

Steven Lindo is the CEO of Springboard Incubators Inc The CEO's salary of Springboard Incubators Inc is $10,640 and their total compensation is $10,640.


Official website here: www.springboardincubators.org

What is the revenue of Springboard Incubators Inc?

Springboard Incubators Inc's revenue in 2024 was $208,632.


Official website here: www.springboardincubators.org

Who are the executives of Springboard Incubators Inc and what are their salaries?

The average compensation at Springboard Incubators Inc during 2024 was $8,176. There are 15 employees and 6 volunteers at Springboard Incubators Inc.

Here are 3 key members and their salaries (Springboard Incubators Inc's CEO's salary is $10,640 and their total compensation is $10,640):


Steven Lindo (President/Ceo)
  • Compensation: $10,640
  • Related: $0
  • Other: $0
Merton A Owens (Vice President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Lindo (Secretary)
  • Compensation: $7,980
  • Related: $0
  • Other: $0


Official website here: www.springboardincubators.org

Where can I find the form 990 for Springboard Incubators Inc?

Springboard Incubators Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.springboardincubators.org

Learn more at the official website: www.springboardincubators.org

Mission Statement of Springboard Incubators Inc

Springboard Incubators Inc, as a innovation hub, offers a dynamic workspace that caters to entrepreneurs and startups. Its mission is to provide virtual office spaces, high-speed internet access, private meeting rooms, desks, collaborative areas, and large co-meeting rooms. This setup fosters an environment that encourages collaboration and innovation, empowering individuals to bring their business ideas to life. By offering these resources, Springboard Incubators Inc aims to support the growth and development of new ventures, ultimately contributing to the broader entrepreneurial ecosystem.

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Impact




October, 2024

Springboard Incubators Inc plays a significant role in fostering innovation and entrepreneurship by providing essential resources for start-ups and small businesses. Located in Hempstead, NY, the innovation hub offers virtual office spaces, high-speed internet access, private meeting rooms, and collaborative areas. This infrastructure enables entrepreneurs to focus on their growth and development without the overhead costs typically associated with traditional office settings.

By creating an environment that supports collaboration and creativity, Springboard contributes to community improvement and economic development. The access to well-equipped spaces allows businesses to connect, share ideas, and strategize effectively, while the availability of large co-meeting rooms facilitates networking and partnership opportunities. Overall, Springboard Incubators Inc serves as a vital resource for individuals looking to launch or expand their businesses, helping to nurture the local entrepreneurial ecosystem and driving economic growth within the community.




This information is meant to be a general summary of Springboard Incubators 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.

Revenue
$208,632 (2024)
Expenses
$265,522 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $207,821
  • Gross Receipts: $208,632

Assets and Liabilities:

  • Total Assets: $170,443
  • Total Liabilities: $262,251
  • Net Assets: -$91,808

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM INCOME

Revenue

$207,821

Organization Details

Principal Officer

Steven Lindo

NTEE Category

Code: S20 - Community improvement

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