Arcade Innovation Hubllc

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

EIN: 825438705 ✦ Dayton, OH ✦ Designated as a 501(c)(3)

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Overview

What is Arcade Innovation Hubllc?

Arcade Innovation Hub LLC, based in Dayton, Ohio, serves as a hub for new venture creation and social innovation. Situated at 31 S Main St, this nonprofit organization offers workspaces for approximately 460 individuals and 160 companies. Its mission is to provide a transformative environment that fosters creativity, growth, and entrepreneurship, inspiring others to do the same. The Hub operates with a vision to have a sustainable impact, bringing together a diverse community to engage with resources available in the community. The Hub aims to be the Dayton region's hub for innovation, creating a transdisciplinary space for innovators to collaborate and connect. With a dedicated workforce of 14, Arcade Innovation Hub LLC contributes to the regional economy by supporting entrepreneurs and fostering innovation.


Official website here: www.thehubdayton.com

What do the Facebook reviews say about Arcade Innovation Hubllc?

While Arcade Innovation Hubllc currently has only a couple of reviews, both reflect a positive sentiment. The comments highlight the enjoyable atmosphere and quality of food and drinks offered at the venue.

Despite the limited number of ratings so far, the enthusiasm expressed suggests that patrons feel welcomed and satisfied with their experience. As the nonprofit continues to engage with the community, these initial impressions may serve as a promising foundation for future feedback.

Overall, the early reviews indicate a strong potential for the nonprofit to build a positive reputation, especially in terms of ambiance and offerings.


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

Is Arcade Innovation Hubllc legitimate?

Arcade Innovation Hubllc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arcade Innovation Hubllc 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: $36,896

For more financial information, click here


Official website here: www.thehubdayton.com

What is the mission statement of Arcade Innovation Hubllc?

Arcade Innovation Hub LLC aims to serve as a hub for new venture creation and social innovation in an unspecified region. It strives to create a transdisciplinary space where innovators can engage with one another and the resources available in the community. The Hub's transformative environment is designed to foster creativity, growth, and entrepreneurship, with a vision to have a sustainable impact and inspire others to do the same. The Hub provides workspaces for approximately 460 individuals and 160 companies, fostering an environment for collaboration and innovation.


Official website here: www.thehubdayton.com

Who is the CEO of Arcade Innovation Hubllc?

Vincent C Lewis is the Director of Arcade Innovation Hubllc.


Official website here: www.thehubdayton.com

What is the revenue of Arcade Innovation Hubllc?

Arcade Innovation Hubllc's revenue in 2022 was $1,866,931.


Official website here: www.thehubdayton.com

Who are the executives of Arcade Innovation Hubllc and what are their salaries?

The average compensation at Arcade Innovation Hubllc during 2022 was $2,635. There are 14 employees at Arcade Innovation Hubllc.


Here are 7 key members and their salaries:


Andrew Horner (Director)
  • Compensation: $0
  • Related: $569,827
  • Other: $46,905
Trevor Collier (Director)
  • Compensation: $0
  • Related: $314,449
  • Other: $48,828
Nancy Mchugh (Director)
  • Compensation: $0
  • Related: $138,133
  • Other: $27,412
Vincent Lewis (President)
  • Compensation: $0
  • Related: $198,295
  • Other: $34,371
Scott Koorndyk (Board Member)
  • Compensation: $0
  • Related: $268,253
  • Other: $0
Stacy Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Pinnell (Director)
  • Compensation: $0
  • Related: $206,554
  • Other: $39,656


Official website here: www.thehubdayton.com

Where can I find the form 990 for Arcade Innovation Hubllc?

Arcade Innovation Hubllc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thehubdayton.com

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

Mission Statement of Arcade Innovation Hubllc

Arcade Innovation Hub LLC, with a mission to serve as the Dayton region's hub for new venture creation and social innovation, is committed to fostering a transdisciplinary space where innovators can engage with each other and the resources available in the community. The hub aims to create a transformative environment that brings together a diverse community, nurturing creativity, growth, and entrepreneurship. Its vision is to have a sustainable impact and inspire others to do the same. The Arcade Innovation Hub LLC provides workspaces for approximately 460 individuals and 160 companies, serving as a hub for innovation and collaboration.

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Impact




October, 2024

Arcade Innovation Hubllc significantly impacts the Dayton region by serving as a central hub for new venture creation and social innovation. It creates a collaborative environment where innovators can connect, share ideas, and access essential resources. By providing workspaces for approximately 460 individuals and 160 companies, the hub fosters entrepreneurship and creativity, supporting diverse projects and initiatives that contribute to economic growth.

The transformative setting encourages cross-disciplinary collaboration, enhancing community interactions that drive innovation forward. This dynamic space not only supports the ventures of entrepreneurs but also inspires a culture of shared learning and growth, aiming for sustainable impacts in the community. Through its mission, Arcade Innovation Hubllc strives to empower a diverse community, ultimately contributing to the development of a vibrant entrepreneurial ecosystem in Dayton.




This information is meant to be a general summary of Arcade Innovation Hubllc. 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
$1,866,931 (2022)
Expenses
$2,027,350 (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: $1,367,780
  • Gross Receipts: $1,866,931

Assets and Liabilities:

  • Total Assets: $6,169,014
  • Total Liabilities: $4,265,675
  • Net Assets: $1,903,339

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Programs

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

MEMBERSHIPS

Revenue

$605,132

RENT

Revenue

$584,776

OTHER INCOME

Revenue

$142,717

COFFEE SHOP

Revenue

$35,155

Organization Details

Founding Year

2017

Principal Officer

Vincent C Lewis

Main Address

31 S MAIN ST, DAYTON, OH, 45402

NTEE Category

Code: B19 - Education

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