EIN 83-1137271

Innovation Dupage

IRS 501(c) type
501(c)(3)
Num. employees
24
Year formed
2018
Most recent tax filings
2023-06-01
Description
Innovation Dupage is made possible by a network of academic, governmental, and business partners. We share resources, talent, and ideas as we support our growing community of local entrepreneurs and startups through education, incubation, acceleration, and collaboration.
Total revenues
$522,777
2023
Total expenses
$566,132
2023
Total assets
$83,128
2023
Num. employees
24
2023

Program areas at Innovation Dupage

Innovation Dupage is a non-profit venture that unites startup founders and small business owners with the people, resources, and programs that help them grow. Members collaborate across an extensive network of enterprise, academic, economic development, and research partners. Innovation Dupage supports the startup community, enhances regional prosperity, attracts world-class talent, and drives sustainable economic growth. The organization fosters Innovation and supports and encourages the growth of jobs, companies and economic development in Dupage county and surrounding midwest region by providing entrepreneurs access to education and training resources, business and community support, capital, and customers.
Part of the mission of Innovation Dupage is to foster entrepreneurship interest among college and high school students. To that end, pitch competitions are sponsored wherein aspiring entrepreneurs present their business ideas to a panel of independent judges with successful entrepreneurial backgrounds. Prizes are awarded to encourage these contestants to continue to pursue their endeavors. Innovation Dupage contributed $12,500 toward such prize monies in fy 2023.
Innovation Dupage offers a 12-week program twice per year, titled "owner to ceo." This program is offered to owners of small businesses with revenues in the $200,000 to $2 million range in order to help augment their skills in a number of areas in order to be more effective in the management of their businesses. The program saw a dozen or so instructors/experts teach classes in areas such as finance, marketing, human resources, information technology, and sales. The expense amount included here represents the cost incurred to run this program.

Who funds Innovation Dupage

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Bank of America Charitable FoundationProgram/operating Support$35,000
DuPage Community FoundationEducational/literacy$17,500

Personnel at Innovation Dupage

NameTitleCompensation
Dan FacchiniManaging Director$110,000
Jim BellDirector of Operations and Partner Engagement
Sam GuerreroManager of Programming and Events in
Travis LindermanPast Managing Director$96,140
Joseph CassidyPresident$0
...and 3 more key personnel

Financials for Innovation Dupage

RevenuesFYE 06/2023
Total grants, contributions, etc.$362,329
Program services$160,385
Investment income and dividends$31
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$32
Total revenues$522,777

Form 990s for Innovation Dupage

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-09990View PDF
2022-062023-02-22990View PDF
2021-062022-02-07990View PDF
2020-062021-04-13990View PDF
2019-062020-07-07990View PDF
...and 1 more Form 990

Organizations like Innovation Dupage

OrganizationLocationRevenue
Oregon Startup CenterBeaverton, OR$373,071
Forge / Greentownorg IncSomerville, MA$939,250
Maine Center for EntrepreneursPortland, ME$962,397
Social Enterprise TrustHartford, CT$620,393
StartupnvReno, NV$699,728
Our Jobs Our Children Our FutureHuntington, WV$804,067
Grow NebraskaKearney, NE$847,573
Center for American EntrepreneurshipGreat Falls, VA$705,850
Enterprise InstituteBrookings, SD$231,030
Startup VirginiaRichmond, VA$1,032,483
Data update history
May 22, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from The Bank of America Charitable Foundation
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 12, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from The Bank of America Charitable Foundation
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Human servicesBusiness and industry
Characteristics
MembershipsPartially liquidatedReceives government fundingTax deductible donationsAccepts online donations
General information
Address
535 Duane St
Glen Ellyn, IL 60137
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
DuPage County, IL
Website URL
innovationdupage.org/ 
Phone
(630) 942-2316
IRS details
EIN
83-1137271
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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