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The Youngstown Edison Incubator Corporation

The Youngstown Edison Incubator Corporation

Youngstown, OH 44503
Tax ID34-1751707

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About this organization

Revenue

$3,663,175

Expenses

$4,099,720

Website

ybi.org

Mission

Business development: to cultivate, accelerate and prmote the formation, growth, commercialization and innovation of technology-based businesses by providing the comprehensive, high quality entrepreneurial services and resoruces in a robust environment that promotes company success, attraction and retention to cultivate, accelerate and promote the formation, growth, commercialization, and innovation of technology-based businesses by providing comprehensive, high quality entrepreneurial services and resources in a robust environment that promotes company success, attraction and retention.

About

To accelerate the formation of business, creation of jobs and assist in the revitalization and growth of the Mahoning Valley.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “Business development: to cultivate, accelerate and prmote the formation, growth, commercialization and innovation of technology-based businesses by providing the comprehensive, high quality entrepreneurial services and resoruces in a robust environment that promotes company success, attraction and retention to cultivate, accelerate and promote the formation, growth, commercialization, and innovation of technology-based businesses by providing comprehensive, high quality entrepreneurial services and resources in a robust environment that promotes company success, attraction and retention.”.

When outlining its functions, they were explained as: “Business development: to cultivate, accelerate and prmote the formation, growth, commercialization and innovation of technology-based businesses by providing the comprehensive, high quality entrepreneurial services and resoruces in a robust environment that promotes company success, attraction and retention to cultivate, accelerate and promote the formation, growth, commercialization, and innovation of technology-based businesses by providing comprehensive, high quality entrepreneurial services and resources in a robust environment that promotes company success, attraction and retention.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as OH.
  • The filing records the non-profit's address for 2020 as 241 FEDERAL PLAZA WEST, YOUNGSTOWN, OH, 44503.
  • As of 2020, the non-profit's form reports a total of 24 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$436,545.
  • The organization has 17 independent voting members.
  • The organization was formed in 1988.
  • The organization pays $1,105,146 in salary, compensation, and benefits to its employees.
  • The organization pays $187,631 in fundraising expenses.

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