NonprofitsBattery Innovation Center Inc

Community Improvement & Capacity Building

Battery Innovation Center Inc

NEWBERRY, IN

Total revenue

$4.8M

Total expenses

$4.7M

Net assets

$2.4M

Grants received

$2.7M

2 grants

EIN

454110850

Tax year

2024

Mission

To enhance awareness and increase resources for indiana based research and development in the advanced energy storage industry in order to foster economic development and position indiana as a global leader in the advanced energy storage industry and to encourage and promote the business interests of indiana's advanced energy storage industry.

Financials

FY 2024

Revenue

Contributions & grants$3.4M
Program service revenue$1.4M
Investment income$11K
Other revenue$7K
Total revenue$4.8M

Expenses

Grants paid$35K
Salaries & benefits$1.3M
Fundraising
Other expenses$3.4M
Total expenses$4.7M
Total assets$9.6M
Net assets$2.4M

People

4 listed

NameRoleCompensation

PAUL MITCHELL

SECRETARY/BO

Board

$521K

5 hrs/wk

LES ALEXANDER

PRESIDENT/CE

Board

3 hrs/wk

CHAD PITTMAN

TREASURER/BO

Board

5 hrs/wk

DAVID ROBERTS

BOARD CHAIR

Board

1.5 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$1.4M
IEDC BIC GRANT
2020
$1.4M
IEDC BIC GRANT
2020

Funded by

$2.7M from 1 funder · 2 grants · 2020

Central Indiana Corporate

$2.7M · 2 grants · 2020

Details

EIN454110850
NTEE codeS30
Subsection06
Ruling date2012-02
Formed2011
Employees0
BATTERY INNOVATION CENTER INC — Mission, Financials & Grants Received | Grantivo