Overview
What is The Global Institute On Innovation Districts Inc?
The Global Institute On Innovation Districts Inc is a cutting-edge global network, headquartered in New York, New York. Initially serving as an interim network, it transformed into a robust entity in 2022, encompassing 23 innovation districts worldwide. This network provides empirical analysis of their R&D, place, and leadership assets, fostering collaborative work through cohort and large group settings. Additionally, the Global Institute offers strategic support to emerging districts, aiming to leverage their R&D and advanced industry strengths. The collective findings are being utilized to develop public-facing materials and new public policy advice. The mission of this nonprofit is to strengthen an emerging, place-based model of innovation, known as innovation districts, serving as an impactful strategy that cities and regions can deploy to enhance their economic competitiveness and social equity.
Official website here: www.giid.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Global Institute On Innovation Districts Inc has achieved an impressive 96% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This high score is derived entirely from their performance in the Accountability & Finance beacon, indicating robust financial practices and transparency. The organization has successfully maintained a majority of independent board members, which enhances governance and oversight.
Strengths of the organization include an exemplary financial oversight structure, evident from their full scores in areas such as their audit and oversight committee and the absence of material diversion of assets. Furthermore, their commitment to transparency is highlighted by the availability of essential documents on their website, including conflict of interest and whistleblower policies, as well as board meeting minutes.
While the organization has demonstrated strong financial health with a low liabilities-to-assets ratio and a high program expense ratio, ongoing monitoring of their operational impact and efficacy in achieving their mission would provide a more comprehensive understanding of their overall effectiveness. Overall, The Global Institute On Innovation Districts Inc stands out as a well-managed nonprofit with a focus on financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is The Global Institute On Innovation Districts Inc legitimate?
The Global Institute On Innovation Districts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Global Institute On Innovation Districts 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: $17,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.giid.org
What is the mission statement of The Global Institute On Innovation Districts Inc?
The Global Institute On Innovation Districts Inc's mission is to strengthen the emerging, place-based strategy of innovation districts, serving as a powerful tool for cities and regions to enhance their economic competitiveness and promote social equity. The organization aims to strengthen this innovation district model by providing empirical analysis and collaborative work to a global network of 23 such districts. In addition, strategic support is offered to emerging districts, helping them leverage their research and advanced industry strengths. The findings from these collaborations are being collected to develop public-facing materials and new policy advice, supporting the innovative and equitable growth of cities and regions worldwide.
Official website here: www.giid.org
Who is the CEO of The Global Institute On Innovation Districts Inc?
Julie Wagner is the President of The Global Institute On Innovation Districts Inc.
Official website here: www.giid.org
What is the revenue of The Global Institute On Innovation Districts Inc?
The Global Institute On Innovation Districts Inc's revenue in 2022 was $1,361,535.
Official website here: www.giid.org
Who are the executives of The Global Institute On Innovation Districts Inc and what are their salaries?
There 4 volunteers at The Global Institute On Innovation Districts Inc.
Here are 5 key members and their salaries:
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- Other: $0
- Compensation: $73,500
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.giid.org
Where can I find the form 990 for The Global Institute On Innovation Districts Inc?
The Global Institute On Innovation Districts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.giid.org
Learn more at the official website: www.giid.org
Mission Statement of The Global Institute On Innovation Districts Inc
The Global Institute On Innovation Districts Inc is committed to enhancing an emerging, location-focused approach to innovation known as Innovation Districts. Their mission is to transform this model into a powerful, location-based strategy that cities and regions can employ to boost their economic competitiveness and promote social equity. By transitioning from an interim network to a cutting-edge global network of 23 Innovation Districts in 2022, the Global Institute provides these districts with empirical analysis of their research, place, and leadership assets. This analysis, coupled with collaborative work through cohort and large group settings, empowers these districts to leverage their research and advanced industry strengths more effectively. The Global Institute's collective findings are being compiled to generate public-facing materials and new public policy advice, aiming to support the innovative and equitable growth of cities and regions.
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Impact
July, 2024
The Global Institute On Innovation Districts Inc has had a significant impact by shifting from an interim network to a cutting-edge global network of 23 innovation districts in 2022. This deep-learning network has enabled these districts to receive empirical analysis of their R&D, place, and leadership assets, as well as engage in collaborative work through cohort and large group settings. Additionally, the Global Institute has provided strategic support to select emerging districts aiming to leverage their R&D and advanced industry strengths.
Overall, the collective findings from these initiatives are being aggregated to develop public-facing materials and new public policy advice that support the innovative and equitable growth of cities and regions. This concerted effort is contributing to the economic competitiveness and social equity of these areas, making a tangible impact on community improvement.
This information is meant to be a general summary of The Global Institute On Innovation Districts 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $315,640
- Gross Receipts: $1,361,535
Assets and Liabilities:
- Total Assets: $1,055,318
- Total Liabilities: $90,113
- Net Assets: $965,205
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING FEES
Revenue
$315,640
Organization Details
Founding Year
2019
Phone
(646) 768-4102Principal Officer
Julie Wagner
Main Address
80 BROAD STREET 303, NEW YORK, NY, 10004
Website
www.giid.orgNTEE Category
Code: S05 - Community improvement
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