NonprofitsInnovation Valley Inc

Community Improvement & Capacity Building

Innovation Valley Inc

KNOXVILLE, TN

Total revenue

$4K

Total expenses

$4K

Net assets

$885K

Grants received

$30K

2 grants

EIN

262087582

Tax year

2022

Mission

The corporation is organized exclusively for charitable educational and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under sections 501(c)(3) and 501(c)(6) of the internal revenue code, or corresponding section of any future federal tax code. The purpose will include without limitation support of public education, workforce development and job training and support of scientific and technological advancements in the central east tennessee area, including without limitation anderson, blount, knox, loudon, roane and monroe counties, primarily by providing funds and support to organizations such as the blount partnership, the knoxville area chamber partnership, anderson county economic development agency, the roane alliance, tellico reservoir development agency and loudon county economic development agency.

Programs

2 programs

Workforce development - to ensure this region does not lose its most competitive advantage - a highly educated and skilled workforce. Maintaining and further developing a highly educated and skilled workforce begins at k-12 level, continues through higher education and is ongoing as students and others enter the workforce.

Other programs include public policy and competitive airfare initiative.

Financials

FY 2022

Revenue

Contributions & grants
Program service revenue
Investment income$4K
Other revenue
Total revenue$4K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$4K
Total expenses$4K
Total assets$885K
Net assets$885K

People

5 listed

NameRoleCompensation

MITCH STEENROD

President

Board

0

KIM BUMPUS

Secretary

Board

0

JOHN TOLSMA

Director

Board

0

LEON DOWNEY

Director

Board

0

MARK PAGANELLI

Director

Board

0

Grants received

Showing 2 of 2

FromAmountPurposeYear
$15K
ECONOMIC DEVELOPMENT TO BENEFIT DOWNTOWN KNOXVILLE
2019
$15K
ECONOMIC DEVELOPMENT TO BENEFIT DOWNTOWN KNOXVILLE
2017

Funded by

$30K from 1 funder · 2 grants · 2017–2019

Knoxville Cbid Management Corporation

$30K · 2 grants · 2017–2019

Details

EIN262087582
NTEE codeS41
Subsection06
Ruling date2008-10
Formed2007
Employees0
INNOVATION VALLEY INC — Mission, Financials & Grants Received | Grantivo