NonprofitsTampa Bay Innovation Hub Inc

Education

Tampa Bay Innovation Hub Inc

TAMPA, FL

Total revenue

$2.8M

Total expenses

$3.5M

Net assets

$3.7M

Grants received

$1.1M

11 grants

EIN

824177489

Tax year

2024

Mission

Tampa bay innovation hub, dba embarc collective, helps tampa bay's startup talent build bold, scalable, thriving companies.

Programs

3 programs

Programning & coaching: membership-directed education, training, and coaching.

Expenses: $600K

Membership: helping startups access capital to expand their business. Membership-directed community development (community-building events and activities, and member swag).

Expenses: $341K

Conducting activities to attract promising job creating startups to the tampa bay area, possibly including awarding grants to startups willing to relocate; conducting research on successful startups; community development events, including education and training for entrepreneurs and employees of startup companies in the tampa bay region and unemployed/underemployed individuals in the tampa bay region. This includes initiatives with/for government and college & universities and corporate partnerships.

Expenses: $873K

Financials

FY 2024

Revenue

Contributions & grants$1.9M
Program service revenue$862K
Investment income$49K
Other revenue
Total revenue$2.8M

Expenses

Grants paid
Salaries & benefits$1.4M
Fundraising$154K
Other expenses$2.1M
Total expenses$3.5M
Total assets$17.3M
Net assets$3.7M

People

13 listed

NameRoleCompensation

LAKSHMI SHENOY

DIRECTOR, CEO

Board

$624K

40 hrs/wk

JACK SHIELDS

VICE CHAIR

Board

1 hrs/wk

LISA CZACHOR

TREASURER

Board

4 hrs/wk

DAVID FELMAN

SECRETARY

Board

3 hrs/wk

ALEX JENKINS

DIRECTOR

Board

1 hrs/wk

JASON KUHN

DIRECTOR

Board

1 hrs/wk

STEVE MACDONALD

DIRECTOR

Board

1 hrs/wk

REBECCA WHITE PHD

DIRECTOR

Board

1 hrs/wk

JEFF WYSOCHI

DIRECTOR

Board

1 hrs/wk

JEFF VINIK

BOARD CHAIR EMERITUS

Board

1 hrs/wk

BRIAN MURPHY

BOARD CHAIR

Board

2 hrs/wk

ALLISON FELIX

VP PLATFORM

Staff

$165K

40 hrs/wk

KELLY KEHOE

VP FINANCE & ADMINISTRATION

Staff

$147K

40 hrs/wk

Independent contractors

AMPLIFY HR MANAGEMENT LLC

EMPLOYEE LEASING/HEALTH INS

$1.2M

TBEP FACILITIES LLC

FACILITY MANAGER, DAILY STAFFINGS

$309K

Grants received

Showing 11 of 11

FromAmountPurposeYear
$63K
ECONOMIC DEVELOPMENT
2023
$100K
ECONOMIC DEVELOPMENT
2022
$50K
GENERAL OPERATING
2022
$100K
For grant recipient's exempt purposes
2021
$100K
ECONOMIC DEVELOPMENT
2021
$100K
GENERAL SUPPORT
2021
$100K
For grant recipient's exempt purposes
2021
$264K
GENERAL SUPPORT
2020
$100K
For grant recipient's exempt purposes
2020
$65K
ECONOMIC DEVELOPMENT
2020
$50K
ECONOMIC DEVELOPMENT
2019

Funded by

$1.1M from 4 funders · 11 grants · 2019–2023

Florida Business Development Corp

$378K · 5 grants · 2019–2023

Vinik Family Foundation

$364K · 2 grants · 2020–2021

Fidelity Investments Charitable Gift Fund

$300K · 3 grants · 2020–2021

Truist Foundation Inc

$50K · 1 grant · 2022

Details

EIN824177489
NTEE codeB60
Subsection03
Ruling date2018-12
Formed2018
Employees14
Volunteers118
TAMPA BAY INNOVATION HUB INC — Mission, Financials & Grants Received | Grantivo