Nonprofit · EIN 82-5438705
ARCADE INNOVATION HUB LLC
Also known as JOSHUA CHERNESKY MBR
Tax-exempt · DAYTON, OH 45402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,013,813 | $2,372,185 | -$358,372 | $3,973,166 | $2,826,060 | $1,147,106 |
| December 31, 2023 | 990 | $1,940,403 | $2,292,480 | -$352,077 | $4,742,404 | $3,221,077 | $1,521,327 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $400,000
- Program service revenue
- $1,594,634
- Investment income
- $12,572
- Other revenue
- $6,607
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $84,269
- Salaries, compensation and benefits (total)
- $92,178
- Professional fundraising fees
- $0
- Accounting fees
- $16,600
- Occupancy
- $134,574
- Travel
- $2,376
- Depreciation
- $374,002
- Program services (functional)
- $2,290,977
- Management and general (functional)
- $44,499
- Fundraising (functional)
- $36,709
Balance sheet and other
- Total assets, start of year
- $4,742,404
- Total assets, end of year
- $3,973,166
- Total liabilities, end of year
- $2,826,060
- Net assets, end of year
- $1,147,106
- Land, buildings and equipment
- $1,516,061
- Gross receipts
- $2,013,813
- Employees
- 15
- Volunteers
- 75
- Year formed
- 2017
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANDREW HORNER | CHAIR Trustee or director, Officer | 1 | $0 | $746,872 | $57,103 |
| GUL KREMER | DIRECTOR Trustee or director | 1 | $0 | $359,160 | $30,212 |
| TREVOR COLLIER | DIRECTOR Trustee or director | 1 | $0 | $327,744 | $57,396 |
| SCOTT KOORNDYK | TREASURER Trustee or director, Officer | 5 | $0 | $284,488 | $35,340 |
| VINCENT LEWIS | PRESIDENT Trustee or director, Officer | 1 | $0 | $207,016 | $39,669 |
| NANCY MCHUGH | SECRETARY Trustee or director, Officer | 1 | $0 | $144,388 | $31,720 |
| CRAIG JENNINGS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| STACY THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANDREW HORNER | CHAIR Trustee or director, Officer | 1 | $0 | $504,238 | $104,457 |
| GUL KREMER | DIRECTOR Trustee or director | 1 | $0 | $350,527 | $28,796 |
| TREVOR COLLIER | DIRECTOR Trustee or director | 1 | $0 | $322,683 | $55,003 |
| SCOTT KOORNDYK | TREASURER Trustee or director, Officer | 5 | $0 | $271,367 | $33,232 |
| VINCENT LEWIS | PRESIDENT Trustee or director, Officer | 1 | $0 | $204,138 | $37,749 |
| MARGARET PINNELL | DIRECTOR Former | 1 | $0 | $189,291 | $42,249 |
| NANCY MCHUGH | SECRETARY Trustee or director, Officer | 1 | $0 | $142,106 | $30,389 |
| CRAIG JENNINGS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID SCHOEFF | DIRECTOR (JAN) Trustee or director | 1 | $0 | $0 | $0 |
| STACY THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 31 S MAIN ST, DAYTON, OH 45402-2070
- Mailing address (990-N for 2017)
- 300 College Park, Dayton OH 45469
- Principal officer (990 for 2024)
- VINCENT C LEWIS, 31 S MAIN STREET, DAYTON, OH 45402
- Principal officer (990-N for 2017)
- Joshua Chernesky, 1 South Main St Suite 1300, Dayton OH 45402
- Signed the 990
- VINCENT C LEWIS, PRESIDENT
- Phone
- (937) 210-4537
- Website
- WWW.THEHUBDAYTON.COM
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
Mission
THE HUB IS A TRANSFORMATIVE ENVIRONMENT THAT BRINGS TOGETHER A DIVERSE COMMUNITY TO FOSTER CREATIVITY, GROWTH, AND ENTREPRENEURSHIP. THE HUB'S VISION IS TO HAVE A SUSTAINABLE IMPACT AND INSPIRE OTHERS TO DO THE SAME.
Program accomplishments
- ALL PROGRAM SERVICE ACTIVITY RELATES TO PROVIDING WORKSPACES FOR ENTREPRENEURS. WE SERVE WORKSPACES FOR APPROXIMATELY 460 PEOPLE AND 160 COMPANIES.Expenses $2,290,977 · revenue $1,565,472
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-5438705
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B19)
- Assets (IRS master file)
- $3,973,166
- Income (IRS master file)
- $2,013,813
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,013,813 | $2,372,185 | $3,973,166 | IRS |
| 990 | December 2023 | $1,940,403 | $2,292,480 | $4,742,404 | XML |
| 990 | December 2022 | $1,866,931 | $2,027,350 | $6,169,014 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2017 Officer: Joshua Chernesky | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-5438705).
Questions about ARCADE INNOVATION HUB LLC
- What is the EIN of ARCADE INNOVATION HUB LLC?
- The employer identification number (EIN) of ARCADE INNOVATION HUB LLC is 82-5438705.
- Is ARCADE INNOVATION HUB LLC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to ARCADE INNOVATION HUB LLC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does ARCADE INNOVATION HUB LLC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ARCADE INNOVATION HUB LLC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARCADE INNOVATION HUB LLC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ARCADE INNOVATION HUB LLC?
- The 990 for the year ended December 31, 2024 names VINCENT C LEWIS.
- Who are the officers and directors of ARCADE INNOVATION HUB LLC?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does ARCADE INNOVATION HUB LLC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,013,813, expenses of $2,372,185 and total assets of $3,973,166 at year end.
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