2024-10-09T10:16:35-04:00 2023-12-31 522127371 HAINES ISENBARGER & SKIBA LLC 6418 LIMA ROAD FORT WAYNE IN 46818 990 2023-01-01 352097779 NORTHEAST INDIANA INNOVATION CENTER INC NORT 2604076442 3201 STELLHORN ROAD FORT WAYNE IN 46815 MICHAEL FRITSCH PRESIDENT / CEO 2024-09-15 true true CASSIE J DUNN P02181011 2604369500 2024-10-09 2023 2024-10-15 13:58:12Z RON EISENBAUMER 3201 STELLHORN ROAD FORT WAYNE IN 46815 2363708 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 23 23 14 24 -6861 1262618 1576972 799735 722956 50704 658 4816 60950 2117873 2361536 36110 0 0 804761 968259 0 137549 1670283 1860896 2511154 2829155 -393281 -467619 9489244 9236466 663044 735408 8826200 8501058 WE ARE A COMMUNITY ENTREPRENEURIAL SUPPORT ORGANIZATION WHOSE MISSION IS PUTTING BUSINESS GROWTH, INNOVATION AND ENTREPRENEURSHIP TO WORK FOR INDIANA. false false 2110014 722956 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 23 YEARS, THE NIIC HAS FOSTERED AN ENTREPRENEURIAL COMMUNITY THAT ALIGNS AND LEVERAGES THE FOUR PILLARS OF VENTURE SUCCESS - CAPITAL, TALENT, WORKSPACES AND NETWORKS. TODAY, WITH MANY KNOWLEDGE WORKERS ON OUR INNOVATION PARK CAMPUS, AND WITH PROGRAMS THROUGHOUT NORTHEAST INDIANA, THE NIIC IS THE REGION'S LARGEST AND MOST DIVERSE ENTREPRENEURIAL ECOSYSTEM. 2110014 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 false false false false true true false false false true 12 0 true 14 true false false false false false true true false false false false false false X 23 23 false false false false false false false true true false false true true true true true true true true true false IN X X X MICHAEL FRITSCH 2604076442 3201 STELLHORN ROAD FORT WAYNE IN 46815 MICHAEL FRITSCH PRESIDENT / 40.00 X 182725 0 28018 RON EISENBAUMER BOARD CHAIR 1.00 X X 0 0 0 LARRY ROWLAND IMMEDIATE PA 1.00 X X 0 0 0 RON DOUBLE VICE CHAIR 1.00 X X 0 0 0 SCOTT NALTNER SECRETARY 1.00 X X 0 0 0 BRIAN AVERY DIRECTOR 1.00 X 0 0 0 DR ERIC BEIER DIRECTOR 1.00 X 0 0 0 PATRICK BUESCHING DIRECTOR 1.00 X 0 0 0 TABITHA ERVIN DIRECTOR 1.00 X 0 0 0 GARY GATMAN DIRECTOR 1.00 X 0 0 0 PATRICK HESS DIRECTOR 1.00 X 0 0 0 DAVID LONG DIRECTOR 1.00 X 0 0 0 JOSH MACY DIRECTOR 1.00 X 0 0 0 LARRY MAYERS DIRECTOR 1.00 X 0 0 0 JOHN MCDONALD DIRECTOR 1.00 X 0 0 0 MARK MICHAEL DIRECTOR 1.00 X 0 0 0 JOHN NIEDERMAN DIRECTOR 1.00 X 0 0 0 ERIC OTTINGER DIRECTOR 1.00 X 0 0 0 MACLYN PARKER DIRECTOR 1.00 X 0 0 0 DR RAE PEARSON DIRECTOR 1.00 X 0 0 0 NELSON PETERS DIRECTOR 1.00 X 0 0 0 DR ANDREA ROBINSON DIRECTOR 1.00 X 0 0 0 AARON ROBLES DIRECTOR 1.00 X 0 0 0 LUKE SERMERSHEIM DIRECTOR 1.00 X 0 0 0 DR MICHAEL MIRRO EMERITUS FOU 1.00 X 0 0 0 182725 28018 1 false true false 37450 1168837 370685 7025 1576972 PROGRAM SERVICE FEES 561499 722956 722956 722956 658 658 2380 37450 2172 208 208 OTHER INCOME 900099 67603 67603 HOP RIVER BREWING CO., LLC 900099 -211 -211 BIOPOLY, LLC 900099 -6650 -6650 60742 2361536 722956 -6861 68469 X 210956 55741 96727 58488 659820 536386 68721 54713 10750 7311 2042 1397 26563 18062 5047 3454 60170 40916 11432 7822 1214 1214 136973 136973 339060 339060 141996 79047 59181 3768 10439 9395 1044 19546 17591 1955 431741 388568 43173 15090 14270 820 60829 41364 11558 7907 14235 14235 416618 374956 41662 29500 2950 26550 MISCELLANEOUS EXPENSE 95611 88005 7606 PROGRAM EXPENSES 85608 85608 BAD DEBTS 46844 46844 DUES AND SUBSCRIPTIONS 15592 10784 4808 2829155 2110014 581592 137549 264019 39899 595068 810284 303704 340057 57025 70174 13890 913 15017778 7390061 7995616 7627717 259922 259922 87500 9489244 9236466 71029 160692 92015 34489 500000 500000 40227 663044 735408 X 8627697 8279025 198503 222033 8826200 8501058 9489244 9236466 X -467619 135616 6861 X false true X true true true X 1083697 981461 823377 1062618 1226972 5178125 100000 100000 200000 350000 750000 1083697 1081461 923377 1262618 1576972 5928125 407363 5520762 5205 3207 3100 282 658 12452 12566 42512 33349 12332 67603 168362 6108939 3196636 0.90370 0.88280 X PART II, LINE 10 OTHER INCOME 168,362 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2110014 2110014 255501 63875 253130 244795 251062 255501 1004488 1506732 11965 11965 63283 61199 62766 63875 251123 376685 137033 137033 13244328 5934530 7309798 379321 249931 129390 1257096 1205600 51496 7627717 DEPOSITS 40227 40227 X SCHEDULE D, PAGE 3, PART X THE NIIC IS ORGANIZED AS AN INDIANA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRC SECTION 170(B)(1)(A)(VI) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER IRC SECTION 509 (A)(1). THE NIIC IS REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS 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 AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS TO REPORT ITS UNRELATED BUSINESS TAXABLE INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN POSITIONS IT HAS TAKEN OR EXPECTS TO TAKE THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATIONS ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE ORGANIZATIONS ARE NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2020. IDEAS@WORK 39830 37450 2380 2172 39830 37450 2380 2172 2172 208 X X X false false false false false false false false false MICHAEL FRITSCH PRESIDENT / CEO 182725 9144 18874 210743 FORM 990, PAGE 6, PART VI, LINE 11B THE COMPLETED 990 IS POSTED FOR REVIEW ON NIIC PORTAL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ENFORCEMENT OF 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 TOP OFFICIAL APPLIES TO BOTH ENTITIES INCLUDED IN THIS RETURN. THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS PREPARE CONTRACT FOR PRESIDENT/CEO. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION PROCESS FOR OFFICERS APPLIES TO BOTH ENTITIES INCLUDED IN THIS RETURN. THE PRESIDENT/CEO DETERMINES COMPENSATION FOR OTHER TOP EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 NIIC'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE NIIC WEBSITE AND ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES 285,796 0 0 CONTRACT SERVICES 53,264 0 0 TOTAL 339,060 0 0 FORM 990, PART XI, LINE 9 BOOK/TAX DIFF. - UBTI 6,861 INNOVATIVE PROPERTY MANAGEMENT 3201 STELLHORN ROAD FORT WAYNE IN 46815 270995898 PROP MGMT IN 12578 NIIC