NonprofitsInnovation Development Institute Inc

Unclassified

Innovation Development Institute Inc

CHICAGO, IL

Total revenue

$6.1M

Total expenses

$6.1M

Net assets

$3.7M

Grants received

$2.2M

11 grants

EIN

463253782

Tax year

2024

Mission

Matter is a community working together to harness technology to accelerate the pace of change of healthcare.

Financials

FY 2024

Revenue

Contributions & grants$585K
Program service revenue$5.3M
Investment income$120K
Other revenue$106K
Total revenue$6.1M

Expenses

Grants paid
Salaries & benefits$3.3M
Fundraising
Other expenses$2.8M
Total expenses$6.1M
Total assets$5.6M
Net assets$3.7M

People

33 listed

NameRoleCompensation

STEVEN COLLENS

CEO

Board

$595K

40 hrs/wk

STEVE HAMMAN

DIRECTOR

Board

0.5 hrs/wk

STEPHEN KEITH

DIRECTOR

Board

0.5 hrs/wk

JEFFREY KENT

DIRECTOR

Board

0.5 hrs/wk

DAVID MAO

DIRECTOR

Board

0.5 hrs/wk

JAMES L MADARA

DIRECTOR

Board

0.5 hrs/wk

SUZET MCKINNEY

DIRECTOR

Board

0.5 hrs/wk

ANDREW CITTADINE

SECRETARY

Board

0.5 hrs/wk

ELLEN A RUDNICK

DIRECTOR

Board

0.5 hrs/wk

EDRICE L SIMMONS

DIRECTOR

Board

0.5 hrs/wk

BRIAN SNELL

DIRECTOR

Board

0.5 hrs/wk

JIM SULLIVAN

DIRECTOR

Board

0.5 hrs/wk

KAREN C TEITELBAUM

DIRECTOR

Board

0.5 hrs/wk

PHIL TENNANT

DIRECTOR

Board

0.5 hrs/wk

GLEN TULLMAN

DIRECTOR

Board

0.5 hrs/wk

ERIC WHITAKER

DIRECTOR

Board

0.5 hrs/wk

PETER MCNERNEY

DIRECTOR

Board

0.5 hrs/wk

DAVID ORMESHER

CHAIR OF THE BOARD

Board

0.5 hrs/wk

NANCY SULLIVAN

TREASURER

Board

0.5 hrs/wk

LAURA FERRIS ANDERSON

DIRECTOR

Board

0.5 hrs/wk

JEFFREY S ARONIN

DIRECTOR

Board

0.5 hrs/wk

LAURIE BAUER

DIRECTOR

Board

0.5 hrs/wk

BILL DIXON

DIRECTOR

Board

0.5 hrs/wk

JOEL FARRAN

DIRECTOR

Board

0.5 hrs/wk

STEVEN A GOULD

DIRECTOR

Board

0.5 hrs/wk

JOSEPH RIZK

SENIOR VICE PRESIDENT, PARTNERSHIPS

Staff

$386K

40 hrs/wk

CHARLENE FAN

VP, OPERATIONS

Staff

$214K

40 hrs/wk

CHRISTOPHER PAGANO

DIRECTOR, VENTURE AMERICA (TERM MAY 2024)

Staff

$151K

40 hrs/wk

SAMANTHA STAVIG

SENIOR MANAGER, PARTNER ENGAGEMENT

Staff

$151K

40 hrs/wk

AMANDA OSTER

TECHNOLOGY PRODUCT LEAD

Staff

$146K

40 hrs/wk

CASEY SHERIDAN

MANAGER, PARTNERSHIPS

Staff

$137K

40 hrs/wk

COLLEEN WISNIEWSKI

MARKETING DIRECTOR

Staff

$137K

40 hrs/wk

KATHRYN KOSKO

MANAGER, PARTNERSHIPS

Staff

$136K

40 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$100K
MATTER CHICAGO PROGRAM
2024
$225K
UNRESTRICTED
2023
$125K
TECHNOLOGY AND INNOVATION
2023
$100K
MATTER CHICAGO PROGRAM
2023
$100K
MATTER CHICAGO PROGRAM
2022
$722K
PF INNOVATION CHALLENGE AND FORUM
2020
$491K
To support activities during the COVID-19
2020
$225K
TO SUPPORT MATTER'S HEALTH EQUITY PILOT PROGRAMS
2020
$100K
MATTER CHICAGO PROGRAM
2020
$50
GENERAL OPERATING SUPPORT
2020

Funded by

$2.2M from 8 funders · 11 grants · 2019–2024

Three Lakes Foundation Trust

$722K · 1 grant · 2020

Mhub

$491K · 1 grant · 2020

American Medical Association

$400K · 4 grants · 2020–2024

The Chicago Community Trust

$225K · 1 grant · 2020

Lundbeck Us Charitable Fund

$225K · 1 grant · 2023

New Venture Fund

$125K · 1 grant · 2023

Jpmorgan Chase Foundation

$50 · 1 grant · 2020

Details

EIN463253782
NTEE codeZ99
Subsection03
Ruling date2014-07
Formed2013
Employees25
Volunteers129
INNOVATION DEVELOPMENT INSTITUTE INC — Mission, Financials & Grants Received | Grantivo