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Incubator Kitchen Collective Desrochers

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

EIN: 814918647 ✦ Newport, KY ✦ Designated as a 501(c)(3)

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Overview

What is Incubator Kitchen Collective Desrochers?

The Incubator Kitchen Collective Desrochers is a nonprofit organization situated in Newport, Kentucky, specifically at 517 W 7th St. Their primary mission is to assist food entrepreneurs by providing an affordable, comprehensive approach through a shared kitchen space. This includes below-market rate licensed kitchen facilities, food-focused entrepreneurial education, a network of markets, investors, mentors, and a supportive community of peers. During 2018, they hosted four learning workshops, supported over 35 companies in launching and growing, and initiated a food education series. With a workforce of four individuals, Incubator Kitchen Collective Desrochers aims to foster the success of food entrepreneurs.


Official website here: www.incubatorkitchencollective.org

What do the Facebook reviews say about Incubator Kitchen Collective Desrochers?

98% of 25 reviewers on Facebook recommend Incubator Kitchen Collective Desrochers. Here is a summary of their reviews:

Many patrons are thrilled with the food offerings, highlighting the deliciousness of various items, particularly the trail mix bites, which have received specific acclaim for being so good that it's hard to resist eating them all at once. Enthusiastic comments reflect a strong satisfaction with the quality of products available.

Overall, the consensus is one of positivity, with supporters expressing joy over the culinary experience provided by the nonprofit and its products. The delight in what is offered indicates that Incubator Kitchen Collective Desrochers effectively meets the expectations and cravings of its customers.


This AI summary has been generated from reviews found on Facebook.

Is Incubator Kitchen Collective Desrochers legitimate?

Incubator Kitchen Collective Desrochers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Incubator Kitchen Collective Desrochers 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: $75,669

For more financial information, click here


Official website here: www.incubatorkitchencollective.org

What is the mission statement of Incubator Kitchen Collective Desrochers?

The Incubator Kitchen Collective aims to provide an affordable and comprehensive shared kitchen space for food entrepreneurs. Located within this collective, food entrepreneurs can access below-market rate licensed kitchen facilities, receive food-focused entrepreneurial education, and connect with a network of markets, investors, mentors, and like-minded peers. In 2018, the collective held several learning workshops, supported over 35 companies in launching and growing, and initiated a food education series. The Incubator Kitchen Collective's mission is to empower food entrepreneurs and nurture their growth in the food industry.


Official website here: www.incubatorkitchencollective.org

Who is the CEO of Incubator Kitchen Collective Desrochers?

Rachel Desrochers is the Ceo of Incubator Kitchen Collective Desrochers. The CEO's salary of Incubator Kitchen Collective Desrochers is $0 and their total compensation is $0.


Official website here: www.incubatorkitchencollective.org

What is the revenue of Incubator Kitchen Collective Desrochers?

Incubator Kitchen Collective Desrochers's revenue in 2022 was $294,794.


Official website here: www.incubatorkitchencollective.org

Who are the executives of Incubator Kitchen Collective Desrochers and what are their salaries?

The average compensation at Incubator Kitchen Collective Desrochers during 2022 was $18,917. There are 4 employees at Incubator Kitchen Collective Desrochers.


Here are 3 key members and their salaries (Incubator Kitchen Collective Desrochers's CEO's salary is $0 and their total compensation is $0):


Rachel Desrochers (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Beck Borden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Grubbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.incubatorkitchencollective.org

Where can I find the form 990 for Incubator Kitchen Collective Desrochers?

Incubator Kitchen Collective Desrochers's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.incubatorkitchencollective.org

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

Mission Statement of Incubator Kitchen Collective Desrochers

Incubator Kitchen Collective Desrochers, a shared kitchen space, is committed to supporting food entrepreneurs with an affordable, comprehensive approach. The collective provides food entrepreneurs with below-market rate licensed kitchen facilities, food-focused entrepreneurial education, a network of markets, investors, mentors, and a community of passionate, like-minded peers. In 2018, Incubator Kitchen Collective Desrochers held four different learning workshops and supported over 35 companies to launch and grow, further demonstrating its commitment to fostering food entrepreneurship. Additionally, the collective started a food education series, further expanding its support for food entrepreneurs.

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Impact




October, 2024

Incubator Kitchen Collective Desrochers significantly impacts food entrepreneurs by providing access to affordable, licensed kitchen facilities that are essential for starting and scaling food-related businesses. By offering below-market rates, it lowers the financial barriers, allowing aspiring chefs and food creators to focus on innovation and production without the heavy burden of costly overhead.

The collective also enhances entrepreneurial skills through food-focused educational workshops. In 2018 alone, it conducted four different learning sessions, equipping over 35 companies with the knowledge and resources needed to thrive in a competitive market. This educational approach fosters a deeper understanding of the food industry, promoting not just survival but growth.

Moreover, Incubator Kitchen Collective Desrochers cultivates a supportive community by connecting food entrepreneurs with markets, investors, and mentors. This network is crucial for collaboration and sharing best practices among like-minded individuals, helping participants build valuable relationships that can lead to new opportunities.

Through these comprehensive offerings, the Incubator Kitchen Collective creates an ecosystem where food entrepreneurs can transform their ideas into successful ventures, contributing to local economic development and enriching the culinary landscape of Newport, KY.




This information is meant to be a general summary of Incubator Kitchen Collective Desrochers. 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
$294,794 (2022)
Expenses
$283,465 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $244,499
  • Gross Receipts: $294,794

Assets and Liabilities:

  • Total Assets: $44,888
  • Total Liabilities: $762
  • Net Assets: $44,126

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Programs

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

RENT INCUBATOR

Revenue

$209,065

EVENTS AND CLASSES

Revenue

$23,652

RENT HATCHERY

Revenue

$11,782

Organization Details

Founding Year

2016

Principal Officer

Rachel Desrochers

Main Address

517 W 7TH ST, NEWPORT, KY, 41071

NTEE Category

Code: K99 - Food

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