NonprofitsImpact Hub Houston

Human Services

Impact Hub Houston

HOUSTON, TX

Total revenue

$1.8M

Total expenses

$1.4M

Net assets

$987K

Grants received

$862K

20 grants

EIN

832379449

Tax year

2024

Mission

Impact hub houston is a 501c3 nonprofit organization that works alongside over 130 impact hubs across 68+ countries to inspire, connect, and empower "changemakers" - people working at the intersections of innovation and entrepreneurship for a more just and sustainable world to reach their full potential and thrive. It designs and delivers entrepreneur and ecosystem acceleration, incubation, training and support programs, and facilitates capacity building, professional connections, and access to capital, to help these changemakers develop impactful solutions, launch startups, grow small businesses, create quality jobs, strengthen families and communities, and re-invest in their local economies to ultimately benefit the greater good.

Programs

2 programs

Consulting in three key areas: ecosystem building, programs design & delivery, and marketing & outreach for community related efforts/resources. Programs supported in 2024 include adidas social impact accelerator, nlc ecosystem accelerator, aarp oats digital skills ready 50+, and lisc verizon small business digital ready (vsbdr). Ecosystems supported in 2024 include texas sustainable business network (txsbn), business ecosystem alliance for minorities & women (beamw), equitable small business ecosystem (esbe) pilot.

Expenses: $37K

Fiscal sponsorship program allows mission-aligned efforts to apply for grants and accept donations without having to launch their own 501c3 nonprofit. Approved grantees must have projects that create positive impact and align with any of the united nations sustainable development goals. Ihh supported four projects for 2024: energy tech nexus, magnolia fund htx, texas sustainable business network, and impact hub boston.

Expenses: $152KGrants: $145K

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue$146K
Investment income$6K
Other revenue
Total revenue$1.8M

Expenses

Grants paid$145K
Salaries & benefits$336K
Fundraising$18K
Other expenses$872K
Total expenses$1.4M
Total assets$1.2M
Net assets$987K

People

11 listed

NameRoleCompensation

GRACE RODRIGUEZ

CEO

Board

40 hrs/wk

MICHELLE AVALOS

DEPUTY DIRECTOR

Board

40 hrs/wk

PHILIP YATES

BOARD CHAIR

Board

2 hrs/wk

ERIK IBARRA

SECRETARY

Board

1 hrs/wk

LEE MAYFIELD

TREASURER

Board

1 hrs/wk

JOSH SANDERS

BOARD MEMBER

Board

1 hrs/wk

BRENDA RIOS

BOARD MEMBER

Board

1 hrs/wk

BRENDA RIOS

BOARD MEMBER

Board

1 hrs/wk

REDA HICKS

BOARD MEMBER

Board

1 hrs/wk

JEFF REICHMAN

BOARD MEMBER

Board

1 hrs/wk

BRANDY GUIDRY

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 20 of 20

FromAmountPurposeYear
$300K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$25K
Texas Capital Grant helped BEAMW develop and maintain the BEAMW website as a central place for the public to learn about the alliance and the report findings and recommendations. It has also enabled the organization to continue convening the BEAMW community partners and stakeholders and help them host networking and educational events including financial literacy and credit counseling office hours and workshops.
2024
$6K
Grant to support OATS' Senior Planet Program
2024
$6K
Grant to support OATS' Senior Planet Program
2024
$150K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2023
$25K
Texas Capital Bank Foundation grant supports the Business Ecosystem Alliance for Minorities and Women BEAMW website that offers the public access and direction to small business events and resources promotes over two dozen business support organizations BSOs and Minority and Women Business Enterprises MWBEs and provides a one-stop calendar of workshops and educational opportunities across the Greater Houston area's business community. In addition the successful launch of 1:1 Financial Counseling program personalized Financial Counseling services delivered by business support organizations and CDFIs.
2023
$23K
SUPPORT SERVICES FOR THOSE WITH SOCIAL PROBLEMS INCLUDING FRESH, HEALTHY AND AFFORDABLE FOOD
2023
$15K
SUPPORT THE IMPLEMENTATION OF ITS ECOSYSTEM ACCELERATOR COMMITMENT
2023
$120K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2022
$35K
TOWARD APPROVED TANGIBLE ASSETS DESCRIBED IN OPEN FOR BUSINESS GRANT AGREEMENT
2022
$20K
Grant to support the Digital Skills 50 Plus initiative
2022
$15K
SUPPORT SERVICES FOR THOSE WITH SOCIAL PROBLEMS INCLUDING FRESH, HEALTHY AND AFFORDABLE FOOD
2022
$10K
GENERAL OPERATING SUPPORT
2022
$5K
UNRESTRICTED GIFT
2022
$20K
BETTER WORLD
2020
$39K
OPEN PROJECT NIGHTS, HACKATHONS, MENTOR OFFICE HOURS, FOUNDERS WORKSHOPS AND IMPACT CONFERENCES
2019

Funded by

$862K from 12 funders · 20 grants · 2019–2024

Jpmorgan Chase Foundation

$570K · 3 grants · 2022–2024

Texas Capital Foundation

$50K · 2 grants · 2023–2024

Impact Hub Trust

$39K · 1 grant · 2019

The Arena Energy Foundation

$37K · 2 grants · 2022–2023

Older Adults Technology Services

$32K · 3 grants · 2022–2024

Local Initiatives Support Corporation

$29K · 2 grants · 2022–2023

Ford Motor Company Fund

$20K · 1 grant · 2020

Details

EIN832379449
NTEE codeP01
Subsection03
Ruling date2019-09
Formed2018
Employees3
Volunteers8
IMPACT HUB HOUSTON — Mission, Financials & Grants Received | Grantivo