NonprofitsMilwaukee Regional Innovation Center Inc

Education

Milwaukee Regional Innovation Center Inc

WAUWATOSA, WI

Total revenue

$1.3M

Total expenses

$1.2M

Net assets

$7.9M

Grants received

EIN

392076974

Tax year

2024

Mission

The mission of the organization is (1) to create a center for encouraging entrepreneurship motivated by the desire to generate new employment opportunities and stimulate development; and (2) to pursue innovation and development of research products for the benefit of the milwaukee regional medical center, area universities and technical schools, as well as the milwaukee area, the state of wisconsin and the region; (3) to support and house new and developing businesses engaged in technology development, scientific research and related activities, and to modify and rehabilitate and develop a technology innovation center to further these purposes; 4) to complete the development of the milwaukee county research park and to manage the park in accordance with its declaration of convents, conditions, restrictions and design guidelines; and various development agreements with park occupants.

Financials

FY 2024

Revenue

Contributions & grants$3K
Program service revenue$1.1M
Investment income$225K
Other revenue$2K
Total revenue$1.3M

Expenses

Grants paid$24K
Salaries & benefits$395K
Fundraising
Other expenses$768K
Total expenses$1.2M
Total assets$8.2M
Net assets$7.9M

People

15 listed

NameRoleCompensation

MARK JOHNSON

EXECUTIVE DIRECTOR

Board

$161K

40 hrs/wk

NATHANIEL CADE JR

TREASURER

Board

0.2 hrs/wk

WILLIAM MASTORIS

CHAIRMAN

Board

0.2 hrs/wk

DENNIS MCBRIDE

BOARD MEMBER

Board

0.2 hrs/wk

DAN BUKIEWICZ

BOARD MEMBER

Board

0.2 hrs/wk

DAVID GILBERT

SECRETARY

Board

0.2 hrs/wk

KEENAN GRENELL PHD

VICE CHAIR

Board

0.2 hrs/wk

JEANNE HOSSENLOPP PHD

BOARD MEMBER

Board

0.2 hrs/wk

JOHN RAYMOND SR MD

BOARD MEMBER

Board

0.2 hrs/wk

PETER SKANAVIS

BOARD MEMBER

Board

0.2 hrs/wk

SHAWN ROLLAND

BOARD MEMBER

Board

0.2 hrs/wk

CELIA BENTON

BOARD MEMBER

Board

0.2 hrs/wk

THOMAS IRGENS

BOARD MEMBER

Board

0.2 hrs/wk

DAVID DULL

BOARD MEMBER

Board

0.2 hrs/wk

PHILLIP KING

BOARD MEMBER

Board

0.2 hrs/wk

Details

EIN392076974
NTEE codeB90
Subsection03
Ruling date2009-03
Formed2008
Employees3
Volunteers14