Innovation Underwriters Corporation

Organization Overview

Innovation Underwriters Corporation is located in Cambridge, MA. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovation Underwriters Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

FOSTER BREAKTHROUGH INNOVATIONS IN THE MANAGEMENT OF RISK. THIS NONPROFIT WILL NOT BE CONDUCTING OR ENGAGING OF SELLING OR OFFERING INSURANCE PROTECTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TUITION


BOOKS AND COURSE MATERIALS FOR TUITION PROGRAM


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Board, Officers & Key Employees

Name (title)Compensation
Charles Sidoti
President
$84,243
Roger J Pare
Clerk
$0
Steve Brandt
Director
$0
Kristin Brief
Director
$0
Nakita Persaud Devlin
Director
$0
Dr Phil Budden
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,255
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$316,449
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$319,704
Total Program Service Revenue$13,697
Investment income $0
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 $333,401

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