nonprofit logo

Tampa Bay Innovation Hub Inc

Embarc Collective Tampa Bay

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

EIN: 824177489 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Tampa Bay Innovation Hub Inc?

Tampa Bay Innovation Hub Inc, operating under the name Embarc Collective Tampa Bay, is a nonprofit organization situated at 401 E Jackson Street, Tampa, Florida. Their primary focus is to provide a conducive environment for entrepreneurs and startups, offering shared office space, necessary facilities, equipment, utilities, and supplies. Their mission is to support Tampa Bay's emerging talent, helping them develop robust, expandable, and prosperous businesses. With a team of 14 individuals, they strive to foster a thriving entrepreneurial ecosystem within the Tampa Bay area.


Official website here: www.embarccollective.com

Is Tampa Bay Innovation Hub Inc legitimate?

Tampa Bay Innovation Hub Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tampa Bay Innovation Hub 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:

Executive Compensation: $413,753
Professional Fundraising Fees: $0
Other Salaries and Wages: $569,435

For more financial information, click here


Official website here: www.embarccollective.com

What is the mission statement of Tampa Bay Innovation Hub Inc?

Tampa Bay Innovation Hub Inc, commonly known as Embarc Collective, serves to empower the startup talent in the Tampa Bay area. Their mission is to aid these entrepreneurs in building robust, scalable, and prosperous companies. They accomplish this by offering shared office space, alongside various services and support, encompassing facilities, equipment, rental costs, utilities, and supplies.


Official website here: www.embarccollective.com

Who is the CEO of Tampa Bay Innovation Hub Inc?

Lakshmi Shenoy is the Treasurer 6/30/22 - Present of Tampa Bay Innovation Hub Inc. The CEO's salary of Tampa Bay Innovation Hub Inc is $245,939 and their total compensation is $277,392.


Official website here: www.embarccollective.com

What is the revenue of Tampa Bay Innovation Hub Inc?

Tampa Bay Innovation Hub Inc's revenue in 2022 was $4,280,835.


Official website here: www.embarccollective.com

Who are the executives of Tampa Bay Innovation Hub Inc and what are their salaries?

The average compensation at Tampa Bay Innovation Hub Inc during 2022 was $70,228. There are 14 employees and 85 volunteers at Tampa Bay Innovation Hub Inc.


Here are 15 key members and their salaries (Tampa Bay Innovation Hub Inc's CEO's salary is $245,939 and their total compensation is $277,392):


Lisa Czachor (Treasurer 6/30/22 - Present)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim O'Connell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Murphy (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Vinik (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Felman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lakshmi Shenoy (Director, Ceo)
  • Compensation: $245,939
  • Related: $0
  • Other: $31,453
Alex Jenkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Shields (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Kuhn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Macdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca White Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Kuhn (Board Observer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Pratt (Board Observer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Hammock (Treasurer 1/1/22 - 6/30/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Felix (Vp Platform)
  • Compensation: $112,274
  • Related: $0
  • Other: $24,087


Official website here: www.embarccollective.com

Where can I find the form 990 for Tampa Bay Innovation Hub Inc?

Tampa Bay Innovation Hub Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.embarccollective.com

Learn more at the official website: www.embarccollective.com

Mission Statement of Tampa Bay Innovation Hub Inc

Tampa Bay Innovation Hub Inc, also known as Embarc Collective, is dedicated to supporting Tampa Bay's startup talent in their quest to establish robust, scalable, and prosperous businesses. By providing shared office space and various services and assistance, this nonprofit organization aims to empower entrepreneurs and startups, facilitating their growth through the provision of necessary facilities, equipment, rent, utilities, and supplies. In essence, Tampa Bay Innovation Hub Inc functions as a nurturing environment where budding companies can thrive and realize their full potential.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Tampa Bay Innovation Hub Inc, operating as Embarc Collective, is making a significant impact by providing shared office space and essential support services to entrepreneurs and startups in Tampa Bay. By offering facilities, equipment, rent, utilities, and supplies, they are enabling startup talent to build bold, scalable, and thriving companies. Their focused mission to support and nurture the startup ecosystem in Tampa Bay is helping to foster innovation and drive economic growth in the region.




This information is meant to be a general summary of Tampa Bay Innovation Hub 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
$4,280,835 (2022)
Expenses
$3,743,536 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26,668
  • Program Service Revenue: $677,788
  • Gross Receipts: $5,036,877

Assets and Liabilities:

  • Total Assets: $19,996,780
  • Total Liabilities: $14,760,135
  • Net Assets: $5,236,645

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

TENANT REVENUE

Revenue

$609,040

EVENT REVENUE

Revenue

$62,688

OTHER REVENUE

Revenue

$6,060

Organization Details

Founding Year

2018

Principal Officer

Lakshmi Shenoy

Main Address

401 E JACKSON STREET, TAMPA, FL, 33602

NTEE Category

Code: B60 - Education

If you are a representative of Tampa Bay Innovation Hub Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.