Erie Innovation District

Organization Overview

Erie Innovation District is located in Erie, PA. The organization was established in 2019. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Erie Innovation District is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

THE ORGANIZATION WAS FORMED TO ATTRACT, RETAIN AND INCREASE BOTH PROFIT AND NONPROFIT ENTERPRISES,CAPITAL INVESTMENT AND EMPLOYMENT OPPORTUNITIES IN THE GREATER ERIE, PENNSYLVANIA AREA. THROUGH 2019, THE ORGANIZATION WAS HOUSED WITHIN MERCYHURST UNIVERSITY. ERIE INNOVATION DISTRICT WAS FORMED TO TAKE OVER THE OPERATIONS COMMENCING IN 2020. HOWEVER, IT WAS DETERMINED IN MID-2020 THAT THE ERIE CHAMBER OF COMMERCE WOULD BE A BETTER FIT TO HOUSE THESE OPERATIONS. IN MID-2020, THE ORGANIZATION'S OPERATIONS WERE MOVED TO THE ERIE CHAMBER OF COMMERCE WITH THE EXCEPTION OF A PPP LOAN OUTSTANDING AS OF 12/31/20. FORGIVENESS HAS BEEN GRANTED IN 2021. ERIE INNOVATION DISTRICT'S OPERATIONS HAVE FULLY CEASED; THIS IS THE FINAL TAX RETURN.


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Board, Officers & Key Employees

Name (title)Compensation
Jim Martin
Chairman
$0
Karl Sanchack
Pres, Sec, T
$0
Joe Necastro
Director
$0
Keith Kennedy
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$31,250
Total Revenue$31,250

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