Program areas at New Jersey Innovation Institute
See schedule onjii helps to turn ideas into workable solutions across four divisions: healthcare delivery systems, professional corporate education, defense and homeland security, and entrepreneurship.healthcare delivery systemsnjii helps create New models of evidence-based healthcare. Building on a secure exchange of digital information, these New delivery systems improve the quality of care and foster New medical device technology to lower costs and improve outcomes.professional corporate educationthe professional corporate education division at njii is focused on helping employers make the most of their most valuable asset; their people. Njii believes strongly in protecting the value of the investments made in the workforce and is dedicated to providing programming and support that meets the needs of industries and the businesses within them. Defense & homeland securitynjii helps address the demands of defense and national security, including port security, bio-metric and sensor-based detection systems, weapons, energetics, and material logistics as well as communications projects and security systems for infrastructure defense, command, control and first-responder support. Entrepreneurshipthe entrepreneurship division at njii is focused on engaging startups, growing businesses, and organizations in entrepreneurial thinking and activities. Njii works with organizations and teams to help them expand their Innovation mindset and train others in the methods of entrepreneurship. This division runs an incubator called "venturelink" which is also the name of a building that is located on the njit campus and offers flexible private and co-working office space. The division is tasked with commercializing intellectual property that comes from njit and growing njii entrepreneurship programs and services across New Jersey.
Grants made by New Jersey Innovation Institute
Personnel at New Jersey Innovation Institute
Name | Title | Compensation | Date of data |
---|
Simon Nynens | President and Chief Executive Officer | $0 | 2023-06-30 |
Tom Nehila | Chief Financial Officer | $0 | 2024-05-14 |
Matthew Moline | Chief Technology Officer | $185,762 | 2023-06-30 |
Susan Flynn-Hollander | General Counsel and Chief Compliance Officer | $274,717 | 2022-06-30 |
Jennifer D'Angelo | Senior Vice President Healthcare Division / Senior Vice President and General Manager , Healthcare | $317,001 | 2023-06-30 |
...and 11 more key personnel |
Financials for New Jersey Innovation Institute
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $27,041,814 | $18,972,490 | 42.5% |
Program services | $3,227,234 | $2,403,914 | 34.2% |
Investment income and dividends | $2,231,873 | $35 | - |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $1,839,346 | $1,576,075 | 16.7% |
Net gain from sale of non-inventory assets | $0 | $62,784,732 | -100% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $34,340,267 | $85,737,246 | -59.9% |
Organizations like New Jersey Innovation Institute
Organization | Type | Location | Revenue |
---|
Texas Research and Technology Foundation (TRTF) | 501(c)(3) | San Antonio, TX | $15,033,092 |
Astrophysical Research Consortium | 501(c)(3) | Seattle, WA | $13,754,304 |
Msi Stem Research and Development Consortium | 501(c)(3) | Washington, DC | $11,743,609 |
Oak Ridge Associated Universities (ORAU) | 501(c)(3) | Oak Ridge, TN | $123,913,029 |
Ben Franklin Technology Partners NE PA | 501(c)(3) | Bethlehem, PA | $9,432,353 |
Michigan State University Research Foundation | 501(c)(3) | East Lansing, MI | $35,711,061 |
Lowell Observatory | 501(c)(3) | Flagstaff, AZ | $20,163,990 |
Potomac Institute for Policy Studies | 501(c)(3) | Arlington, VA | $13,330,733 |
Regenstrief Institute | 501(c)(3) | Indianapolis, IN | $26,218,775 |
Convergent Research | 501(c)(3) | Cambridge, MA | $11,258,027 |
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 4, 2024
Updated personnel
Identified 5 new personnel
July 13, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsResearch centersHeadquarter / parent organizationsCharities
Issues
Science and technology
Characteristics
Conducts researchState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 323 Martin Luther King JR Blvd
- Newark, NJ 07102
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- Essex County, NJ
- Website URL
- njii.com/Â
- Phone
- (973) 596-5800
IRS details
- EIN
- 47-1042118
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 2014
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- U00: Science and Technology Research: General
- NAICS code, primary
- 5417: Scientific Research and Development Services
- Parent/child status
- Central organization
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