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Nonprofit · EIN 47-3721222

INNOVATION MARQUETTE ENTERPRISE CORPORATION

Tax-exempt · MARQUETTE, MI 49855

Financials

$2.2M$2M2022$2.2M$2.4M2023$2.5M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of INNOVATION MARQUETTE ENTERPRISE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$2,490,979$2,353,576$137,403$2,559,041$1,288,520$1,270,521
September 30, 2024990$2,231,248$2,424,397-$193,149$2,590,385$1,457,267$1,133,118
September 30, 2023990$2,200,288$2,034,610$165,678$2,903,155$1,575,025$1,328,130
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$173,449
of which government grants
$173,449
Program service revenue
$2,291,795
Investment income
$12,880
Other revenue
$12,855

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$178,343
Other salaries and wages
$494,232
Salaries, compensation and benefits (total)
$804,409
Professional fundraising fees
$0
Legal fees
$53,680
Accounting fees
$27,755
Occupancy
$200,624
Travel
$62,284
Depreciation
$140,840
Program services (functional)
$1,682,735
Management and general (functional)
$559,484
Fundraising (functional)
$111,357

Balance sheet and other

Total assets, start of year
$2,590,385
Total assets, end of year
$2,559,041
Total liabilities, end of year
$1,288,520
Net assets, end of year
$1,270,521
Land, buildings and equipment
$425,587
Net assets without donor restrictions
$1,270,521
Gross receipts
$2,490,979
Employees
14
Year formed
2015
State of legal domicile
MI

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JOSEPH THIELCEO
Officer, Key employee, Highest-paid employee
40$178,343$13,755
KAREN KOVACSCHAIRPERSON
Trustee or director, Officer
1$0$0
NANCY LYONSSECRETARY
Trustee or director, Officer
1$0$0
SPENCER STANGVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
DAVID NYBERGVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
DALE DEXTERTREASURER
Trustee or director, Officer
1$0$0
FRED MOLNARDIRECTOR
Trustee or director
1$0$0
ELIZABETH BERNHARDDIRECTOR
Trustee or director
1$0$0
JASON GEORGEDIRECTOR
Trustee or director
1$0$0
JESS JONESDIRECTOR
Trustee or director
1$0$0
BORIS MARTYSZDIRECTOR
Trustee or director
1$0$0
WES SRAMEKDIRECTOR
Trustee or director
1$0$0
GAVIN LEACHDIRECTOR
Trustee or director
1$0$0
LESLIE HARTMANDIRECTOR
Trustee or director
1$0$0
SCOTT MACINNESDIRECTOR
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
ALISON TODAKDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2024: 14 people
NameTitleHours / weekCompensationOther / benefits
JOSEPH THIELCEO
Officer, Key employee, Highest-paid employee
40$162,717$12,611
KAREN KOVACSCHAIRPERSON
Trustee or director, Officer
1$0$0
NANCY LYONSSECRETARY
Trustee or director, Officer
1$0$0
SPENCER STANGTREASURER
Trustee or director, Officer
1$0$0
DAVID NYBERGVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
RUTH SOLINSKIDIRECTOR
Trustee or director
1$0$0
TYLER LOSINKSIDIRECTOR
Trustee or director
1$0$0
ANDREW WALLNERDIRECTOR
Trustee or director
1$0$0
ELIZABETH BERNHARDDIRECTOR
Trustee or director
1$0$0
BILL LEISENRINGDIRECTOR
Trustee or director
1$0$0
LESLIE HARTMANDIRECTOR
Trustee or director
1$0$0
BROCK TESSMANDIRECTOR
Trustee or director
1$0$0
SCOTT MACINNESDIRECTOR
Trustee or director
1$0$0
FRED MOLNARDIRECTOR
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 17 people
NameTitleHours / weekCompensation
JOSEPH THIELCEO
Officer, Key employee, Highest-paid employee
40$145,321
THOMAS ANTHOSCHAIRPERSON
Trustee or director, Officer
1$0
NANCY LYONSSECRETARY
Trustee or director, Officer
1$0
MARK LINKTREASURER
Trustee or director, Officer
1$0
SPENCER STANGVICE CHAIRPERSON
Trustee or director, Officer
1$0
DAVID NYBERGVICE CHAIRPERSON
Trustee or director, Officer
1$0
RUTH SOLINSKIDIRECTOR
Trustee or director
1$0
TYLER LOSINKSIDIRECTOR
Trustee or director
1$0
ROB CARPENTERDIRECTOR
Trustee or director
1$0
ANDREW WALLNERDIRECTOR
Trustee or director
1$0
ANNE WHITEDIRECTOR
Trustee or director
1$0
KAREN KOVACSDIRECTOR
Trustee or director
1$0
BILL LEISENRINGDIRECTOR
Trustee or director
1$0
LESLIE HARTMANDIRECTOR
Trustee or director
1$0
BROCK TESSMANDIRECTOR
Trustee or director
1$0
SCOTT MACINNESDIRECTOR
Trustee or director
1$0
FRED MOLNARDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
101 W WASHINGTON ST STE 11, MARQUETTE, MI 49855-4407
In care of
% FRED J TACCOLINI
Mailing address (990-N for 2014)
1401 Presque Isle, MARQUETTE MI 49855
Principal officer (990 for 2024)
JOSEPH A THIEL, 101 WEST WASHINGTON APT 11, MARQUETTE, MI 49855
Principal officer (990-N for 2014)
Robert Niemi, 1702 Gray Street, Marquette MI 49855
Signed the 990
JOSEPH A THIEL, EXECUTIVE DIRECTOR
Phone
(906) 273-0688
Return prepared by
THOMSON & METIVIER PC

Mission

NON-PROFIT BUSINESS ACCELERATOR, PROVIDING SUPPORT AND SERVICES TO INNOVATORS, INVENTORS, RESEARCHERS AND ENTREPRENEURS.

990 for the year ended September 30, 2025

Program accomplishments

  • The Organization partners with other community assets and organizations to help transform the community and region into a world-class entrepreneurial ecosystem supporting innovators, inventors, researchers, and entrepreneurs to create new tech-based business start-ups and other entrepreneurial endeavors that create new jobs and retain existing ones.
    Expenses $1,682,735

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
47-3721222
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
2015
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,559,041
Income (IRS master file)
$2,490,979

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$2,490,979$2,353,576$2,559,041XML
990September 2024$2,231,248$2,424,397$2,590,385XML
990September 2023$2,200,288$2,034,610$2,903,155XML
990September 2022$1,649,387$1,535,611$2,836,209IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2018–––IRS
990-N for 2014
Officer: Robert Niemi
September 30, 2015≤ $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 47-3721222).

Questions about INNOVATION MARQUETTE ENTERPRISE CORPORATION

What is the EIN of INNOVATION MARQUETTE ENTERPRISE CORPORATION?
The employer identification number (EIN) of INNOVATION MARQUETTE ENTERPRISE CORPORATION is 47-3721222.
Is INNOVATION MARQUETTE ENTERPRISE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to INNOVATION MARQUETTE ENTERPRISE CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INNOVATION MARQUETTE ENTERPRISE CORPORATION 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 MARQUETTE ENTERPRISE CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INNOVATION MARQUETTE ENTERPRISE CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of INNOVATION MARQUETTE ENTERPRISE CORPORATION?
The 990 for the year ended September 30, 2025 names JOSEPH A THIEL.
Who are the officers and directors of INNOVATION MARQUETTE ENTERPRISE CORPORATION?
The 990 for the year ended September 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $178,343 (JOSEPH THIEL, CEO).
How much revenue does INNOVATION MARQUETTE ENTERPRISE CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $2,490,979, expenses of $2,353,576 and total assets of $2,559,041 at year end.

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