Overview
What is Innovate Birmingham?
Innovate Birmingham is a nonprofit organization situated in Birmingham, Alabama, with a mission to promote economic mobility and bridge the tech talent gap in the central region. Established following the receipt of an America's Promise grant from the U.S. Department of Labor, Innovate Birmingham collaborates with over 15 community partners and 30 employers to address two primary challenges: meeting the rapid growth demand of the IT workforce and leveraging the untapped potential of under- and unemployed residents in the area. The organization believes in the equal distribution of talent within the community but acknowledges the disparity in available opportunities. Innovate Birmingham's programs are designed to address this imbalance by identifying talent demands with employers, connecting with disconnected community members, and providing comprehensive support, professional development, and training for its students. As a demand-driven organization, Innovate Birmingham continually updates and aligns its initiatives with industry needs, taking input from employers and participants. With a team of nine dedicated individuals, Innovate Birmingham is committed to fostering a skilled workforce and empowering the local community.
Official website here: www.innovatebham.com
Is Innovate Birmingham legitimate?
Innovate Birmingham is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovate Birmingham 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: $66,113
Professional Fundraising Fees: $0
Other Salaries and Wages: $236,245
For more financial information, click here
Official website here: www.innovatebham.com
What is the mission statement of Innovate Birmingham?
Innovate Birmingham is a nonprofit organization dedicated to promoting economic mobility and addressing the tech talent gap in its community. Following the award of a grant from the US Department of Labor, the organization formed a coalition with local employers and community partners to address two challenges: meeting the growing demand for an IT workforce and leveraging the potential of under- and unemployed residents. Innovate Birmingham's programs aim to identify talent needs with employers, connect with disconnected individuals from the labor market, and provide holistic support, professional development, and training for its students. The organization believes that talent is evenly distributed, but opportunities are not, and its programs are designed to address this challenge by aligning with industry needs and gathering input from employers and participants.
Official website here: www.innovatebham.com
Who is the CEO of Innovate Birmingham?
Martha Underwood is the President of Innovate Birmingham.
Official website here: www.innovatebham.com
What is the revenue of Innovate Birmingham?
Innovate Birmingham's revenue in 2022 was $343,555.
Official website here: www.innovatebham.com
Who are the executives of Innovate Birmingham and what are their salaries?
The average compensation at Innovate Birmingham during 2022 was $33,595. There are 9 employees and 8 volunteers at Innovate Birmingham.
Here are 9 key members and their salaries:
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- Compensation: $66,113
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- Other: $13,253
Official website here: www.innovatebham.com
Where can I find the form 990 for Innovate Birmingham?
Innovate Birmingham's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.innovatebham.com
Learn more at the official website: www.innovatebham.com
Mission Statement of Innovate Birmingham
Innovate Birmingham, a nonprofit organization, is committed to promoting economic mobility and bridging the tech talent gap in Central Alabama. This mission is driven by the belief that while talent is evenly distributed within the community, opportunities are not. The organization aims to address this disparity by identifying the talent needs of employers, connecting with under- and unemployed residents, and providing holistic support, professional development, and training to students. Innovate Birmingham's programs are constantly updated and aligned with industry needs, drawing input from employers and participants to ensure relevance and effectiveness. The organization serves as a bridge between the talent pool and the demand in the tech sector, working towards a more equitable and prosperous community.
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Impact
October, 2024
Innovate Birmingham plays a crucial role in enhancing economic mobility and addressing the tech talent gap in Central Alabama. Established in 2016 with support from the U.S. Department of Labor's America's Promise Grant, it brought together a coalition of community partners and employers to tackle two significant challenges: the rapid growth of the IT workforce and the underutilization of local talent.
By focusing on the alignment of training programs with the specific needs of employers, Innovate Birmingham creates pathways for under- and unemployed residents to gain access to quality tech jobs. The organization recognizes that while talent is distributed equally in the community, opportunities are not. This drives their commitment to connect individuals with careers in technology through professional development and holistic support.
The impact of Innovate Birmingham is evident in its dedication to facilitating connections between local talent and the demands of the job market, fostering a more equitable economic landscape in Birmingham. Their ongoing collaboration with employers ensures that their programs remain relevant and effective, continually adapting to the evolving needs of the industry. This effort not only addresses workforce shortages but also empowers individuals, contributing to the overall economic prosperity of the region.
This information is meant to be a general summary of Innovate Birmingham. 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.
- Investment Income: $216
- Gross Receipts: $343,555
Assets and Liabilities:
- Total Assets: $219,808
- Total Liabilities: $119,565
- Net Assets: $100,243
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Organization Details
Founding Year
2017
Phone
(205) 919-8324Principal Officer
Martha Underwood
Main Address
1500 1ST AVE N UNIT 73D, BIRMINGHAM, AL, 35203
Website
www.innovatebham.comNTEE Category
Code: J22 - Employment
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