Lake Martin Innovation Center
- Assets
- $157.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alexander City, AL
- Founding
- Data as of
- 12/2018
- EIN
- 81-4166886
Organization Overview
Lake Martin Innovation Center is located in Alexander City, AL. Lake Martin Innovation Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
TO CREATE A PROGRESSIVE FACILITY TO SERVE AS A STRATEGIC FOUNDATION FOR ENTREPRENEURS, EXISTING BUSINESS, AND YOUNG TALENT TO MERGE SKILLS AND CULTIVATE AN ENVIRONMENT FOR INNOVATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Spencer Chairman | 0 | $0 | |
David Sturdivant First Vice-C | 0 | $0 | |
Ed Collari CEO | 0 | $0 | |
Jacob Meacham Director | 0 | $0 | |
Matt Bean Director | 0 | $0 | |
Jeff Kirk Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,548 |
| Total Program Service Revenue | $65,904 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,452 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $28,677 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,753 |
| Total expenses | $79,430 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,807 |
| Other assets | $0 |
| Total assets | $157,794 |
| Total liabilities | $1,509 |
| Net assets or fund balances | $156,285 |