Innovation Network For Communities
- Assets
- $2.5m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 5
- Location
- Tamworth, NH
- Founding
- 05/2007
- Data as of
- 12/2022
- EIN
- 20-5097409
Organization Overview
Innovation Network For Communities is located in Tamworth, NH. The organization was established in 2007. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Innovation Network For Communities employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovation Network For Communities is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Innovation Network For Communities generated $3.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $3.8m during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP AND SPREAD SOCIAL INNOVATIONS THAT TRANSFORM THE PERFOMANCE OF COMMUNITY SYSTEMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
INC STAFFS THE BOSTON GREEN RIBBON COMMISSION. THE MISSION OF THE GREEN RIBBON COMMISSION (GRC) IS TO CONVENE LEADERS FROM BOSTON'S KEY SECTORS * BUSINESS, EDUCATION, HEALTH CARE, CIVIC SOCIETY, FINANCE, REAL ESTATE, PROFESSIONAL SERVICES, TOURISM AND OTHERS TO SUPPORT THE OUTCOMES OF THE CITY'S CLIMATE ACTION PLAN. THE CLIMATE ACTION PLAN HAS TWO PRIMARY GOALS:*ACHIEVE CARBON NEUTRALITY BY 2050*PREPARE THE CITY FOR CLIMATE CHANGES (SUCH AS SEA LEVEL RISE, EXTREME HEAT, AND EXTREME STORMS)THE COMMISSION PLAYS THREE IMPORTANT ROLES IN ADVANCING THE REGIONAL VISION FOR CLIMATE ACTION:*ADVISE THE CITY ON THE IMPLEMENTATION OF ITS CLIMATE ACTION PLAN.*ENGAGE SECTOR LEADERSHIP IN ALIGNING THEIR ASSETS AND INITIATIVES TO SUPPORT THE PLAN OUTCOMES.*HIGHLIGHT AND PROMOTE BEST PRACTICE EXAMPLES WITHIN AND ACROSS SECTORS THAT ADVANCE THE CLIMATE ACTION PLAN GOALS.
INC'S OTHER PROGRAM SERVICES INCLUDED PARTNERSHIPS AND CONSULTING ENGAGEMENTS WITH OTHER VARIOUS NON-PROFIT AND GOVERNMENTAL AGENCIES IN HELPING FORMULATE INITIATIVES SURROUNDING VARIOUS EDUCATIONAL, ENVIROMENTAL, AND HEALTH CARE RELATED ISSUES.
INC SERVES AS THE PROJECT INCUBATOR FOR THE BUILDING ELECTRIFICATION INSTITUTE (BEI). THROUGH THIS INITIATIVE, BEI EQUIPS CITIES ACROSS NORTH AMERICA WITH THE KNOWLEDGE, TOOLS, AND RESOURCES THEY NEED TO IMPLEMENT STRATEGIES TO ACCELERATE THE TRANSITION OF BUILDING HEATING, COOLING, AND HOT WATER SYSTEMS AWAY FROM FOSSIL FUELS AND TOWARD HIGH EFFICIENCY ELECTRIC OPTIONS. THEY DO THIS BY WORKING WITH NETWORKS OF CITIES TO IMPLEMENT NEW PROGRAMS AND POLICIES THAT SIMULTANEOUSLY CREATE LOCAL AND REGIONAL DEMAND FOR HEAT PUMP TECHNOLOGIES WHILE ALSO BUILDING AN INCLUSIVE SUPPLY CHAIN WITH QUALIFIED INSTALLERS. THE PROJECT ALSO WORKS WITH CITIES TO ADVOCATE FOR THE BROADER SUITE OF STATE, REGIONAL, AND FEDERAL POLICIES THAT WILL BE NECESSARY TO REQUIRE THE TRANSITION AWAY FROM FOSSIL FUELS.
THE APOLITICAL INITIATIVE PROVIDES AN EDUCATION AND NETWORKING PLATFORM FOR CIVIL SERVANTS AND POLICYMAKERS. CONSISTENT WITH INC'S MISSION, THE PURPOSE OF APOLITICAL'S "GOVERNMENT CLIMATE ACTION ACCELERATOR" INITIATIVE IS TO UPSKILL 50,000 PUBLIC SERVANTS IN THE HIGHEST IMPACT TOPICS, ROLES, AND COUNTRIES FOR CUTTING EMISSIONS BY 50% THIS DECADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chinwe Onyeagoro Director | Trustee | 1 | $0 |
Peter Plastrik Director | Trustee | 20 | $162,000 |
John Cleveland Chairman | OfficerTrustee | 40 | $299,225 |
Richard Anderson Director | Trustee | 1 | $0 |
Juan Olivarez Director | Trustee | 1 | $0 |
Keith Cooley Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amy Longsworth Inc Charitable Project Enviromental Sustaina | 12/30/22 | $274,167 |
Apolitical Charitable Project Consulting | 12/30/22 | $308,750 |
Climate Impact Advisors Llc Charitable Project Consulting Re: Clean | 12/30/22 | $229,000 |
Christina Garcia Charitable Project Enviromental And Ener | 12/30/22 | $145,223 |
Inclusive Economics Llc Charitable Project Enviromental And Ener | 12/30/22 | $156,608 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,577,526 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,627,526 |
| Total Program Service Revenue | $84,865 |
| Investment income | $6,613 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,719,004 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $461,225 |
| Compensation of current officers, directors, key employees. | $45,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $205,136 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $41,868 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,981 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,904 |
| Advertising and promotion | $0 |
| Office expenses | $128 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $62,621 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,783,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,565 |
| Savings and temporary cash investments | $2,169,224 |
| Pledges and grants receivable | $77,500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,546,289 |
| Accounts payable and accrued expenses | $159,603 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $76,296 |
| Total liabilities | $235,899 |
| Net assets without donor restrictions | $130,901 |
| Net assets with donor restrictions | $2,179,489 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,546,289 |
Grants Awarded
Over the last fiscal year, Innovation Network For Communities has awarded $10,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CLEAN ENERGY TRANSITION INSTITUTE PURPOSE: GRANT TOWARDS RESEARCH FOR ACCELERATING THE NORTWEST US'S TRANSITION TO CLEAN ENERGY | $5,000 |
HEALTH CARE WITHOUT HARM PURPOSE: CONTRIBUTION TOWRADS ENVIROMENTALLY RESPONSIBLE HEALTH CARE | $500 |
GRAND TRAVERSE REGIONAL COMMUNITY FOUNDATION PURPOSE: GRANT TOWARDS PRODUCTION OF HAND SANITIZER DURING THE EARLY PANDEMIC | $2,500 |
MANISTEE COUNTY COMMUNITY FOUNDATION PURPOSE: GRANT TOWARDS PRODUCTION OF HAND SANITIZER DURING THE EARLY PANDEMIC | $2,500 |