Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 77-0707779

ROCKY MOUNTAIN INNOVATION INITIATIVE INC

Also known as ROCKY MOUNTAIN INNOSPHERE

Tax-exempt · FORT COLLINS, CO 80524

Financials

$1.2M$1.7M2023$5.4M$5.4M2024
Revenue Expenses · by fiscal year end
Financials of ROCKY MOUNTAIN INNOVATION INITIATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,432,187$5,419,458$12,729$9,690,456$2,447,774$7,242,682
December 31, 2023990$1,188,309$1,666,605-$478,296$8,408,524$1,178,549$7,229,975
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,248,231
of which government grants
$3,865,699
Program service revenue
$183,820
Investment income
$133
Other revenue
$3

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$164,212
Other salaries and wages
$2,031,998
Salaries, compensation and benefits (total)
$2,551,289
Professional fundraising fees
$0
Legal fees
$631
Accounting fees
$242,983
Occupancy
$84,092
Travel
$91,343
Depreciation
$36,558
Program services (functional)
$3,910,009
Management and general (functional)
$960,965
Fundraising (functional)
$548,484

Balance sheet and other

Total assets, start of year
$8,408,524
Total assets, end of year
$9,690,456
Total liabilities, end of year
$2,447,774
Net assets, end of year
$7,242,682
Land, buildings and equipment
$1,352,817
Net assets without donor restrictions
$7,242,682
Gross receipts
$5,432,187
Employees
36
Volunteers
3
Year formed
2007
State of legal domicile
CO

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.

NameTitleHours / weekCompensationOther / benefits
MIKE FREEMANCEO
Officer
40$146,986$30,186
BRIAN ROBINSONBOARD SECRETARY
Trustee or director
2$0$0
JOHN LEONARDBOARD CHAIR
Trustee or director, Officer
2$0$0
ALAN RUDOLPHBOARD MEMBER
Trustee or director
2$0$0
JENNIFER PINSONNEAULTBOARD MEMBER
Trustee or director
2$0$0
JEREMY HELDBOARD MEMBER
Trustee or director
2$0$0
SEONAH KENDALLBOARD MEMBER
Trustee or director
2$0$0
BRYAN WILSONBOARD MEMBER
Trustee or director
1$0$0
JOE ZIMLICHBOARD MEMBER
Trustee or director
1$0$0
PATRICK KANOUFFBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
MIKE FREEMANCEO
Officer
40$140,595$29,546
BRIAN ROBINSONBOARD SECRETARY
Trustee or director
2$0$0
JOHN LEONARDBOARD CHAIR
Trustee or director, Officer
2$0$0
ALAN RUDOLPHBOARD MEMBER
Trustee or director
2$0$0
JENNIFER PINSONNEAULTBOARD MEMBER
Trustee or director
2$0$0
JEREMY HELDBOARD MEMBER
Trustee or director
2$0$0
SEONAH KENDALLBOARD MEMBER
Trustee or director
2$0$0
BRYAN WILSONBOARD MEMBER
Trustee or director
1$0$0
JOE ZIMLICHBOARD MEMBER
Trustee or director
1$0$0
PATRICK KANOUFFBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
320 E VINE DR STE 101, FORT COLLINS, CO 80524-2311
Principal officer (990 for 2024)
MIKE FREEMAN, 320 E VINE DRIVE SUITE 101, FORT COLLINS, CO 80524
Signed the 990
MIKE FREEMAN, CEO
Phone
(970) 221-1301
Return prepared by
PLANTE & MORAN PLLC

Mission

SEE SCHEDULE O.

990 for the year ended December 31, 2024

Program accomplishments

  • ROCKY MOUNTAIN INNOSPHERE SERVES AS A BUSINESS INCUBATOR FOR STARTUPCOMPANIES. INCUBATED COMPANIES ARE PROVIDED ASSISTANCE IN RAISINGCAPITAL, HELP IN ASSEMBLING SOLID MANAGEMENT TEAMS, STRATEGIC CORPORATEPARTNER DEVELOPMENT, RELATIONSHIPS WITH TEST AND DEMONSTRATIONFACILITIES, DISCOUNTED PROFESSIONAL SERVICE PROVIDERS, AND MANYEDUCATIONAL AND NETWORKING OPPORTUNITIES.
    Expenses $3,725,389 · revenue $72,980
  • THE INCUBATION PROGRAM ACCELERATES THE SUCCESS OF HIGH IMPACT SCIENCE AND TECHNOLOGY BASED START UP AND SCALE UP COMPANIES IN COLORADO. IT FOCUSES ON ENSURING COMPANIES ARE INVESTOR READY, CONNECTING TO ENTREPRENEURS WITH EXPERIENCED ADVISORS, MAKING INTRODUCTIONS TO CORPORATE PARTNERS, EXIT PLANNING AND ACCELERATING TOP LINE REVENUE GROWTH.
    Expenses $184,620 · revenue $110,840

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
77-0707779
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
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,690,456
Income (IRS master file)
$5,432,187

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,432,187$5,419,458$9,690,456XML
990December 2023$1,188,309$1,666,605$8,408,524XML
990December 2022$3,866,520$2,062,827$7,857,484IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 77-0707779).

Questions about ROCKY MOUNTAIN INNOVATION INITIATIVE INC

What is the EIN of ROCKY MOUNTAIN INNOVATION INITIATIVE INC?
The employer identification number (EIN) of ROCKY MOUNTAIN INNOVATION INITIATIVE INC is 77-0707779.
Is ROCKY MOUNTAIN INNOVATION INITIATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to ROCKY MOUNTAIN INNOVATION INITIATIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ROCKY MOUNTAIN INNOVATION INITIATIVE INC 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 ROCKY MOUNTAIN INNOVATION INITIATIVE INC 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 ROCKY MOUNTAIN INNOVATION INITIATIVE INC 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 ROCKY MOUNTAIN INNOVATION INITIATIVE INC?
The 990 for the year ended December 31, 2024 names MIKE FREEMAN.
Who are the officers and directors of ROCKY MOUNTAIN INNOVATION INITIATIVE INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $146,986 (MIKE FREEMAN, CEO).
How much revenue does ROCKY MOUNTAIN INNOVATION INITIATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,432,187, expenses of $5,419,458 and total assets of $9,690,456 at year end.

Other nonprofits in FORT COLLINS

All nonprofits in FORT COLLINS · Colorado · Community improvement and capacity building