NonprofitsGaston Innovation Group Inc

Community Improvement & Capacity Building

Gaston Innovation Group Inc

BELMONT, NC

Total revenue

$560K

Total expenses

$462K

Net assets

Grants received

$154K

8 grants

EIN

813076695

Tax year

2024

Mission

Gaston Innnovation Group, Inc., dba TechWorks Gaston, was formed for the purpose of improving the socio-economic conditions for citizens of Gaston County, North Carolina, by stimulating job growth through digital inclusion, small business formation and entrepreneurship, and advancement of technology. The programs and services the organization will be developing and delivering are badly needed in Gaston County due to the challenging economic conditions in the County. Gaston County had the highest unemployment rate (by at least .5%) of all the NC counties contiguous to and including Mecklenburg County and the highest poverty rate among NC counties in that same region. TechWorks Gaston addresses upward mobility for the low to moderate income population by expanding access to high speed internet, as well as specially-designed coding and other technology classes, a digital roadmap with digital literacy tools and training, and partnerships with local colleges and K-12 schools, and other orga

Programs

2 programs

Pearson Vue Certification Testing Center and College Board Exam AdministrationTechWorks is open to the public for certification testing 5 days/week all year long. It's the only public certification testing center in Gaston County. We have paid proctors who manage the testing center. 1,622 testers used the center in 2024.We became a College Board Exam Center starting Nov 2024. SAT Exams were administered on Nov 2 & Dec 7, 2024, for a total of 80 students.NC Digital Equity Grant funded $3,043 for Pearson Vue Testing Proctors and SAT Exam operations.

Expenses: $32K

Various Adult Enterpreneurial and Tech Daily CoursesMonthly Lunch & Learns for Entrepreneurs Cybersecurity for Small BusinessDeal Desk Sessions with seasoned entrepreneurs/investors Chat GPT Seminar Oct 13 and Dec 1, 2024NC Digital Equity Grant funded $600 for Chat GPT Seminars

Expenses: $130

Financials

FY 2024

Revenue

Contributions & grants$316K
Program service revenue$17K
Investment income
Other revenue$226K
Total revenue$560K

Expenses

Grants paid
Salaries & benefits$119K
Fundraising$47K
Other expenses$343K
Total expenses$462K
Total assets$284K
Net assets

People

8 listed

NameRoleCompensation

Terry Cox

Executive Dir.

Board

$110K

60 hrs/wk

Dr Stephen Hannon

Former Chairman

Board

1 hrs/wk

Nicole Murphey

Vice Chairman

Board

0.5 hrs/wk

Sharai Lavoie

Treas/Secretary

Board

0.5 hrs/wk

David Jones

Chairman

Board

2 hrs/wk

Mark Cramer

Advisor

Board

1 hrs/wk

Greg Lovette

Director

Board

0.5 hrs/wk

Tim Cascio

Director

Board

0.5 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$4K
GENERAL SUPPORT
2024
$5K
GENERAL SUPPORT
2023
$25K
GENERAL SUPPORT
2022
$20K
WORKFORCE DEVELOPMENT
2020
$15K
GENERAL SUPPORT
2020
$10K
TEACHWORKS TECHNOLOGY ACADEMY
2020
$50K
For grant recipient's exempt purposes
2019
$25K
GENERAL SUPPORT
2019

Funded by

$154K from 5 funders · 8 grants · 2019–2024

Gaston Community Foundation

$65K · 3 grants · 2019–2022

Duke Energy Foundation

$20K · 1 grant · 2020

Charlotte Region Chapter Of Sim

$9K · 2 grants · 2023–2024

Details

EIN813076695
NTEE codeS19
Subsection03
Ruling date2019-03
Formed2016
Employees1
Volunteers37
GASTON INNOVATION GROUP INC — Mission, Financials & Grants Received | Grantivo