Nonprofit · EIN 83-1137271
INNOVATION DUPAGE
Tax-exempt · GLEN ELLYN, IL 60137
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $835,893 | $760,067 | $75,826 | $289,064 | $45,489 | $243,575 |
| June 30, 2024 | 990 | $720,745 | $606,994 | $113,751 | $227,965 | $60,216 | $167,749 |
| June 30, 2023 | 990 | $522,777 | $566,132 | -$43,355 | $83,128 | $29,130 | $53,998 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $622,613
- of which government grants
- $599,938
- Program service revenue
- $195,896
- Investment income
- $17,384
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $127,950
- Other salaries and wages
- $310,680
- Salaries, compensation and benefits (total)
- $476,410
- Professional fundraising fees
- $0
- Accounting fees
- $12,431
- Occupancy
- $15,000
- Travel
- $295
- Program services (functional)
- $510,841
- Management and general (functional)
- $161,309
- Fundraising (functional)
- $87,917
Balance sheet and other
- Total assets, start of year
- $227,965
- Total assets, end of year
- $289,064
- Total liabilities, end of year
- $45,489
- Net assets, end of year
- $243,575
- Net assets without donor restrictions
- $243,575
- Gross receipts
- $835,893
- Employees
- 28
- Volunteers
- 10
- Year formed
- 2018
- State of legal domicile
- IL
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN FACCHINI | MANAGING DIRECTOR Officer | 40 | $127,950 |
| JOSEPH CASSIDY | PRESIDENT Trustee or director, Officer | 7 | $0 |
| DAVID VIRGILIO | TREASURER Trustee or director, Officer | 5 | $0 |
| JAKE MICKLEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| DR BOB CLARK | DIRECTOR Trustee or director | 1 | $0 |
| MEREDITH HANNAH | DIRECTOR Trustee or director | 1 | $0 |
| WALTER JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| GAUTAM WADHWA | DIRECTOR Trustee or director | 1 | $0 |
| JANICE KAUSHAL | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER CUMPSTON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN FACCHINI | MANAGING DIRECTOR Officer | 40 | $117,480 |
| JOSEPH CASSIDY | PRESIDENT Trustee or director, Officer | 7 | $0 |
| DAVID VIRGILIO | TREASURER Trustee or director, Officer | 5 | $0 |
| JAKE MICKLEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| DR BOB CLARK | DIRECTOR Trustee or director | 1 | $0 |
| MEREDITH HANNAH | DIRECTOR Trustee or director | 1 | $0 |
| WALTER JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| GAUTAM WADHWA | DIRECTOR Trustee or director | 1 | $0 |
| JANICE KAUSHAL | DIRECTOR BEGINNING OCTOBER 2023 Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN FACCHINI | MANAGING DIRECTOR Officer | 40 | $110,000 |
| JOSEPH CASSIDY | PRESIDENT Trustee or director, Officer | 7 | $0 |
| DAVID VIRGILIO | TREASURER Trustee or director, Officer | 5 | $0 |
| GAUTAM WADHWA | SECRETARY BEGINNING MARCH 2023 Trustee or director, Officer | 1 | $0 |
| DR BOB CLARK | DIRECTOR Trustee or director | 1 | $0 |
| JAKE MICKLEY | DIRECTOR BEGINNING NOVEMBER 2022 Trustee or director | 1 | $0 |
| MEREDITH HANNAH | DIRECTOR Trustee or director | 1 | $0 |
| WALTER JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| GREG BEDALOV | DIRECTOR THROUGH OCTOBER 2022 Trustee or director | 1 | $0 |
| KRISTINE FAY | SECRETARY THROUGH FEBRUARY 2023 Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 535 DUANE ST, GLEN ELLYN, IL 60137-4675
- In care of
- % JOSEPH CASSIDY
- Principal officer (990 for 2024)
- JOSEPH CASSIDY, 535 DUANE ST, GLEN ELLYN, IL 60137
- Signed the 990
- JOSEPH CASSIDY, PRESIDENT
- Phone
- (630) 942-2316
- Website
- INNOVATIONDUPAGE.ORG
- Return prepared by
- SELDEN FOX LTD
Mission
INNOVATION DUPAGE IS MADE POSSIBLE BY A NETWORK OF ACADEMIC, GOVERNMENTAL, AND BUSINESS PARTNERS. WE SHARE RESOURCES, TALENT, AND IDEAS AS WE SUPPORT OUR GROWING COMMUNITY OF LOCAL ENTREPRENEURS AND STARTUPS THROUGH EDUCATION, INCUBATION, ACCELERATION, AND COLLABORATION
Program accomplishments
- INNOVATION DUPAGE IS A NON-PROFIT VENTURE THAT UNITES STARTUP FOUNDERS AND SMALL BUSINESS OWNERS WITH THE PEOPLE, RESOURCES, AND PROGRAMS THAT HELP THEM GROW. MEMBERS COLLABORATE ACROSS AN EXTENSIVE NETWORK OF ENTERPRISE, ACADEMIC, ECONOMIC DEVELOPMENT, AND RESEARCH PARTNERS. INNOVATION DUPAGE SUPPORTS THE STARTUP COMMUNITY, ENHANCES REGIONAL PROSPERITY, ATTRACTS WORLD-CLASS TALENT, AND DRIVES SUSTAINABLE ECONOMIC GROWTH. THE ORGANIZATION FOSTERS INNOVATION AND SUPPORTS AND ENCOURAGES THE GROWTH OF JOBS, COMPANIES AND ECONOMIC DEVELOPMENT IN DUPAGE COUNTY AND SURROUNDING MIDWEST REGION BY PROVIDING ENTREPRENEURS ACCESS TO EDUCATION AND TRAINING RESOURCES, BUSINESS AND COMMUNITY SUPPORT, CAPITAL, AND CUSTOMERS.Expenses $491,791 · revenue $141,896
- INNOVATION DUPAGE OFFERS A 10-WEEK PROGRAM TWICE PER YEAR, TITLED "OWNER TO CEO." THIS PROGRAM IS OFFERED TO OWNERS OF SMALL BUSINESSES WITH REVENUES IN THE $200,000 TO $2 MILLION RANGE IN ORDER TO HELP AUGMENT THEIR SKILLS IN A NUMBER OF AREAS IN ORDER TO BE MORE EFFECTIVE IN THE MANAGEMENT OF THEIR BUSINESSES. THE PROGRAM SAW A DOZEN OR SO INSTRUCTORS/EXPERTS TEACH CLASSES IN AREAS SUCH AS FINANCE, MARKETING, HUMAN RESOURCES, INFORMATION TECHNOLOGY, AND SALES. THE EXPENSE AMOUNT INCLUDED HERE REPRESENTS THE COST INCURRED TO RUN THIS PROGRAM.Expenses $7,050 · revenue $54,000
- PART OF THE MISSION OF INNOVATION DUPAGE IS TO FOSTER ENTREPRENEURSHIP INTEREST AMONG COLLEGE AND HIGH SCHOOL STUDENTS. TO THAT END, PITCH COMPETITIONS ARE SPONSORED WHEREIN ASPIRING ENTREPRENEURS PRESENT THEIR BUSINESS IDEAS TO A PANEL OF INDEPENDENT JUDGES WITH SUCCESSFUL ENTREPRENEURIAL BACKGROUNDS. PRIZES ARE AWARDED TO ENCOURAGE THESE CONTESTANTS TO CONTINUE TO PURSUE THEIR ENDEAVORS. INNOVATION DUPAGE CONTRIBUTED $12,000 TOWARD SUCH PRIZE MONIES IN FISCAL 2024.Expenses $12,000
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 83-1137271
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $289,064
- Income (IRS master file)
- $835,893
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $835,893 | $760,067 | $289,064 | XML |
| 990 | June 2024 | $720,745 | $606,994 | $227,965 | XML |
| 990 | June 2023 | $522,777 | $566,132 | $83,128 | XML |
| 990 | June 2022 | $585,911 | $598,322 | $148,017 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
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 83-1137271).
Questions about INNOVATION DUPAGE
- What is the EIN of INNOVATION DUPAGE?
- The employer identification number (EIN) of INNOVATION DUPAGE is 83-1137271.
- Is INNOVATION DUPAGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to INNOVATION DUPAGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INNOVATION DUPAGE 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 INNOVATION DUPAGE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INNOVATION DUPAGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INNOVATION DUPAGE?
- The 990 for the year ended June 30, 2025 names JOSEPH CASSIDY.
- Who are the officers and directors of INNOVATION DUPAGE?
- The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $127,950 (DAN FACCHINI, MANAGING DIRECTOR).
- How much revenue does INNOVATION DUPAGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $835,893, expenses of $760,067 and total assets of $289,064 at year end.
Other nonprofits in GLEN ELLYN
- LIVING HOPE FOR CHILDREN EIN 20-1708304 · last filed 990 for 2024
- ECUMENICAL SUPPORT SERVICES FOR THE ELDERLY INC EIN 36-3188585 · last filed 990 for 2025
- GLEN ELLYN COMMUNITY RESOURCE CENTER EIN 20-0628057 · last filed 990 for 2025
- GLEN ELLYN YOUTH & FAMILY COUNSELING SERVICE EIN 36-3100204 · last filed 990 for 2026
- 6000 MOMS NFP EIN 86-1893927 · last filed 990 for 2025
- SHETH FAMILY PRIVATE FOUNDATION EIN 81-0924819 · last filed 990-PF for 2025
- SOCIETY OF ST VINCENT DEPAUL - ST JAMES THE APOSTLE CONFERNCE EIN 27-2022358 · last filed 990-EZ for 2025
- LOCAL GLASS STUDIO FOUNDATION EIN 92-1364485 · last filed 990-PF for 2024