2025-09-02T14:08:00-04:00 2024-12-31 351350297 DAVID CULP & CO LLP 70 HOME ST HUNTINGTON IN 46750 990 2024-01-01 352097779 NORTHEAST INDIANA INNOVATION CENTER INC NORT 2604076442 3201 STELLHORN RD FORT WAYNE IN 46802 RON DOUBLE BOARD CHAIR 2604076442 2025-09-02 true true WILLIAM E MILLER CPA P01220933 2603560640 2025-09-02 2024 2025-03-06 01:10:19Z RON DOUBLE 3201 STELLHORN ROAD FORT WAYNE IN 46815 1515078 false X WWW.NIIC.NET X 2000 IN WE ARE A COMPREHENSIVE ENTREPRENEURIAL CENTER WHOSE MISSION IS PUTTING BUSINESS GROWTH, INNOVATION AND ENTREPRENEURSHIP TO WORK FOR NORTHEAST INDIANA 19 17 14 10000 1262618 805467 799735 652046 50704 12384 4816 45181 2117873 1515078 36110 0 0 804761 998734 0 138525 1670283 1465203 2511154 2463937 -393281 -948859 9236466 8291411 735408 739212 8501058 7552199 WE ARE A COMPREHENSIVE ENTREPRENEURIAL CENTER WHOSE MISSION IS PUTTING BUSINESS GROWTH, INNOVATION AND ENTREPRENEURSHIP TO WORK FOR NORTHEAST INDIANA false false 1876597 652046 THE NORTHEAST INDIANA INNOVATION CENTER (NIIC) IS A NATIONALLY RECOGNIZED BEST IN CLASS AND COMPREHENSIVE ENTREPRENEURSHIP RESOURCE CENTER DEDICATED TO ACCELERATING THE GROWTH AND DEVELOPMENT OF INNOVATIVE BUSINESSES AND INCREASING THE LIKELIHOOD OF THEIR SUCCESS. FOR OVER 24 YEARS, THE NIIC HAS FOSTERED AN ENTREPRENEURIAL COMMUNITY THAT ALIGNS AND LEVERAGES THE FOUR PILLARS OF VENTURE SUCCESS - CAPITAL, TALENT, WORKSPACE AND NETWORKS. TODAY, WITH MANY KNOWLEGDABLE WORKERS ON OUR INNOVATION PARK CAMPUS, AND WITH PROGRAMS THROUGHOUT NORTHEAST INDIANA, THE NIIC IS THE REGION'S LARGEST AND MOST DIVERSE ENTREPRENEURIAL ECOSYSTEM. 1876597 true true false true false false false false false false true false false false true true false true false false false false false false true false false false false true false false false false false false false false true false false false true true false false false true 15 0 true 14 true true true false false false false true true false false false false false false X 19 17 false false false false false false false true true false false true true true true true true true true true false IN X MEGAN BEARRY 2604076442 3201 STELLHORN RD FORT WAYNE IN 46815 MIKE FRITSCH PRESIDENT 40.00 X 192558 0 9810 RON DOUBLE BOARD CHAIR 1.00 X X 0 0 0 DAVID LONG VICE CHAIR 1.00 X X 0 0 0 JOHN NIEDERMAN TREASURER 1.00 X X 0 0 0 TABITHA ERVIN SECRETARY 1.00 X X 0 0 0 DR RON ELSENBAUMER PAST CHAIR 1.00 X 0 0 0 DR MIKE MIRRO EMERITUS 1.00 X 0 0 0 DR ANDREA ROBINSON BOARD MEMBER 1.00 X 0 0 0 NELSON PETERS BOARD MEMBER 1.00 X 0 0 0 GARY GATMAN BOARD MEMBER 1.00 X 0 0 0 PATRICK BUESCHING BOARD MEMBER 1.00 X 0 0 0 LARRY MAYERS BOARD MEMBER 1.00 X 0 0 0 MARK MICHAEL BOARD MEMBER 1.00 X 0 0 0 ERIC OTTINGER BOARD MEMBER 1.00 X 0 0 0 BRIAN AVERY BOARD MEMBER 1.00 X 0 0 0 DR RAE PEARSON BOARD MEMBER 1.00 X 0 0 0 AARON ROBLES BOARD MEMBER 1.00 X 0 0 0 LARRY ROWLAND BOARD MEMBER 1.00 X 0 0 0 JOHN MCDONALD BOARD MEMBER 1.00 X 0 0 0 TOM KILCOYNE CEO 1.00 X X 0 0 0 MEGAN BERRY CFO 1.00 X X 0 0 0 192558 9810 1 false true false 59300 632241 113926 61880 805467 PROGRAM INCOME 652046 652046 652046 2384 2384 10000 10000 10000 10000 59300 MISCELLANEOUS 39137 39137 BAD DEBT RECOVERY 6044 6044 45181 1515078 697227 10000 2384 192095 130625 36498 24972 682577 464152 129690 88735 59898 40731 11381 7786 64164 43632 12191 8341 105302 105302 139649 57376 82273 432 432 372359 335123 37236 5407 5407 66854 45461 12702 8691 13732 13732 378899 341009 37890 50724 5072 45652 OUTSIDE SERVICES 203256 182930 20326 IN-KIND CONTRIBUTION 61880 61880 DUES AND SUBSCRIPTIONS 31418 25134 6284 MISCELLANEOUS 29599 26639 2960 5692 5692 2463937 1876597 448815 138525 39899 84 810284 365808 340057 318343 70174 913 2495 14957869 7744201 7578184 7213668 259922 255969 137033 135044 9236466 8291411 160692 101123 34489 106260 500000 493215 40227 38614 735408 739212 X 8279025 7367155 222033 185044 8501058 7552199 9236466 8291411 -948859 X false true X true false X 981461 823377 1062618 1226972 805467 4899895 100000 100000 200000 350000 750000 1081461 923377 1262618 1576972 805467 5649895 5649895 3207 3100 282 658 2384 9631 42512 33349 12332 67603 45181 200977 5860503 697227 0.96410 0.90370 X PART II, LINE 10 OTHER INCOME 200,977 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1814717 1814717 240736 60184 244795 251062 255501 240736 992094 1488141 61199 62766 63875 60184 248024 372036 13348910 6272718 7076192 380236 278540 101696 1202540 1166760 35780 26183 26183 7213668 DEPOSITS 38614 38614 X 1515078 1515078 1515078 2463937 2463937 2463937 SCHEDULE D, PAGE 3, PART X THE NIIC IS ORGANIZED AS AN INDIANA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FROM FEDERAL INCOME TAXES UNDER THE INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN THE INTERNAL REVENUE CODE SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION INDER INTERNAL REVENUE CODE 170(B)(1)(A)(VI) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER INTERNAL REVENUE CODE SECTION 509(A)(1). THE NIIC IS REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE INTERNAL REVENUE SERVICE ANNUALLY. IN ADDITION, THE NIIC IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE NIIC FILES AND EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE INTERNAL REVENUE SERVICE TO REPORT ITS UNRELATED BUSINESS TAXABLE INCOME. ACCOUNTING PRINCIPLES GENARLLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSETS) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENTHAS ANALYZED THE TAX POSITIONS TAKEN AND CONCLUDED THAT AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN POSITIONS IT HAS TAKEN OR EXPECTS TO TAKE THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSTE) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATIONS ARE SUBJECT TO ROUTINE AUDITS BY TAKING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIVES THE ORGANIZATIONS ARE NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2021. IDEAS@WORK 2024 59300 59300 59300 59300 X X X false false false false false false false false false MIKE FRITSCH PRESIDENT 192558 9810 202368 X 1 61880 false false false FORM 990, PAGE 6, PART VI, LINE 11B THE COMPLETED FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ENFORCEMENT OF THE CONFLICTS POLICY APPLIES TO BOTH ENTITIES INCLUDED IN THIS RETURN. THE BOARD MEMBERS ARE ASKED TO DISCLOSE ANNUALLY ANY CONFLICTS OF INTEREST. RESPONSES ARE REVIEWED BY PRESIDENT/CEO AND EXECUTIVE COMMITTEE, IF NECESSARY. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION PROCESS FOR THE TOP OFFICIAL APPLIES TO BOTH ENTITIES INCLUDED IN THIS TAX RETURN. THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS PREPARE CONTRACT FOR THE PRESIDENT/CEO. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION PROCESS FOR OFFICERS APPLIES TO BOTH ENTITIES INCLUDED IN THIS TAX RETURN. THE PRESIDENT/CEO DETERMINES COMPENSATION FOR OTHER TOP EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 NIIC'S FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. NIIC'S CONFLICT OF INTEREST POLOCY IS AVAILABLE UPON REQUEST. INNOVATIVE PROPERTY MANAGMENT 3201 STELLHORN ROAD FORT WAYNE IN 46815 270995898 PROP MGMT IN 11045 NIIC