Innovative Manufacturers Center Inc

Organization Overview

Innovative Manufacturers Center Inc is located in Williamsport, PA. The organization was established in 1989. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Innovative Manufacturers Center Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovative Manufacturers Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Innovative Manufacturers Center Inc generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE, ADVANCE, AND ENHANCE OPPORTUNITIES FOR INNOVATION, MODERNIZATION, AND COMPETITIVENESS OF INDUSTRIAL MANUFACTURING COMPANIES WITHIN PENNSYLVANIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT FUNDING - PA MANUFACTURING - IRC. IMC, INC SERVES THE MANUFACTURING COMMUNITY AS ONE OF SEVEN INDUSTRIAL RESOURCE CENTERS ACROSS PENNSYLVANIA. IMC'S SERVICE AREA INCLUDES 12 COUNTIES IN THE HEART OF THE COMMONWEALTH. IMC PROVIDES HIGH QUALITY SERVICES TO CENTRAL PENNSYLVANIA MANUFACTURERS AT AN AFFORDABLE COST.


US DEPARTMENT OF COMMERCE - NIST MEP. IMC, INC OPERATES A PROGRAM OF THE COMMERCE DEPARTMENT'S NATIONAL INSTITUE OF STANDARDS AND TECHNOLOGY. THIS PROGRAM HELPS SMALLER US MANUFACTURERS TO IMPROVE THEIR PERFORMANCE AND BECOME MORE COMPETITIVE, ADDRESSING THE DIVERSE AND OFTEN UNIQUE NEEDS OF SMALLER MANUFACTURERS.


CONSULTING SERVICES - THE ORGANIZATION PROVIDES BUSINESS CONSULTING SERVICES IN THE AREAS OF BUSINESS GROWTH, PROCESS IMPROVEMENT, SUSTAINABILITY, WORKFORCE DEVELOPMENT, AND INFORMATION SYSTEMS, THROUGH WORKSHOPS, AND SEMINARS.


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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey J Kopenitz
Consultant
$219,385
Dennis Gilbert
President
$22,769
Tanna Pugh
Vice Chairperson
$0
Shannon Munro
Chairperson
$0
Betsy Lockwood
Director
$0
Donita Rudy
Secretary/treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $846,820
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$846,820
Total Program Service Revenue$545,837
Investment income $153,376
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $25,308
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,571,341

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Innovative Manufacturers Center Inc has recieved totaling $405,546.

Awarding OrganizationAmount
Pa Irc Network Foundation

Williamsport, PA

PURPOSE: MANUFACTURING EXTENSION PARTNERSHIP, MEP KATA IN A BOX, NEAP/CARES

$405,546
View Grant Recipient Profile

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