Cause IQ organization profile

I2e

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

I2e is a urban development organization based in Oklahoma City, OK that was founded in 1997. As of 2019 they had $4.2 million in revenue and $26 million in assets.

Our mission is nurturing entrepreneurs and building high-growth companies in Oklahoma. Our mission is investing in entrepreneurs to build successful high growth companies in Oklahoma.

EIN:
73-1525913
City:
State:
Website:
Twitter:
Founded:
1997
Type:
501(c)(3)
NTEE:
Revenue:
$4,293,057
Assets:
$26,468,552
Employees:
21
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at I2e

The organization manages and operates the Oklahoma technology commercialization center ("otcc"), a program of the Oklahoma center for the advancement of science and technology ("ocast") under an annual contract. The otcc program and contract were organized to help spur economic growth in the state by promoting and assisting oklahoma-based technology companies. The organization performs certain business, research, and planning services for small companies in the areas of marketing, development, and finance.

Love's entrepreneur cup business plan competitionthe business plan competition is funded by the love's corporation and other sponsors throughout the state of Oklahoma. Students involved in the competition gain access to networks of successful entrepreneurs, lenders and investors, team-building opportunities, business planning skills, and media exposure. One of the goals of the competition is to encourage the development and commercialization of ideas and technologies being discovered in our universities. The donald w. reynold's foundation previously sponsored this competition. The reynold's foundation sponsorship ended in fy16. Beginning in fy17, the love's corporation agreed to be a major sponsor of this competition.

The organization also operates the technology business finance program ("tbfp"), a program of ocast, under an annual contract. Tbfp's primary mission is to provide early stage, proof-of-concept funding to qualified Oklahoma companies that are commercializing new products, services and processes for the purpose of expanding and diversifying the state's economy and providing higher quality jobs for the state's citizens.under the tbfp program, the organization is responsible for recommending and providing financial awards to qualified recipients as defined by its contract with ocast. Upon ocast's approval of the award financing agreements, the organization receives funding from ocast to be distributed to awardees. The awardees are required to repay the financial awards in accordance with the terms set forth in the award agreement.

Form 990s for I2e

Fiscal year endingDate received by IRSFormPDF link
2019-06Sep 15, 2020990View PDF
2018-06Feb 21, 2019990View PDF
2017-06Jan 18, 2018990View PDF
2016-06Mar 29, 2017990View PDF
2015-06Feb 18, 2016990View PDF
...and five more Form 990 PDFs

Financials for I2e

Field2019
Total grants, contributions, etc.$2,559,647
Program services$1,252,498
Investment income and dividends$35,723
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$445,189
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,293,057

Vendors for I2e

VendorServicesAmount paidDate
Hogantaylor LLPTax accounting2020-07-08
█████████Content management system software2019-10-11
█████████ ████████Software2019-10-11
████ ███ ████ ██Tax accounting2014-12-03
████ ████████ █████████ ███Consulting$136,5002014-06-01

Personnel at I2e

NameTitleCompensationMost recent data
Scott MeachamPresident and Chief Executive Officer$324,498Sept. 15, 2020
Rex SmithermanSenior Vice President of Operations$155,892June 30, 2019
█████ █████████Senior Vice President of Marketing$148,584June 30, 2019
████ ████████Senior Vice President of Client Services$145,453June 30, 2019
█████ ████████████Director of Investments$113,109June 30, 2019
████ █████Director of Finance$130,709June 30, 2019
█████ ███████Client Engagement Director-Aug. 27, 2018
███████ ██████Venture Advisor, Director of Sbra Program$106,000June 30, 2019
██████ ██████████Venture Advisor$104,520June 30, 2018
███████ ██████Secretary$0April 24, 2020
...and three more key personnel

Peer urban development organizations

 NameTypeRevenueLocation
1Catalyst Connection501(c)(3)$7.5 millionPittsburgh, PA
2Burten Bell Carr Development501(c)(3)$3.1 millionCleveland, OH
3Center for Economic Growth (CEG)501(c)(3)$1.3 millionAlbany, NY
4Economic Resources Corporation (ERC)501(c)(3)$3.5 millionLynwood, CA
5Venture Cafe Mia501(c)(3)$1.6 millionMiami, FL
6Alaska Village Initiatives501(c)(3)$1.0 millionAnchorage, AK
7Appalachian Partnership for Economic Growth501(c)(3)$2.8 millionNelsonville, OH
8Central New York Technology Development Organization501(c)(3)$4.2 millionLiverpool, NY
9Invest Nebraska Corporation501(c)(3)$1.6 millionLincoln, NE
10TechTown501(c)(3)$6.0 millionDetroit, MI
11White River Planning & Development Distribution (WRPDD)501(c)(3)$3.8 millionBatesville, AR
12Asian501(c)(3)$3.3 millionSan Francisco, CA
13The Community Economic Development Fund Foundation501(c)(3)$1.7 millionMeriden, CT
14New Orleans Bio Innovation Center501(c)(3)$1.4 millionNew Orleans, LA
15Open Works501(c)(3)$1.4 millionBaltimore, MD
16Coastal Enterprises (CEI)501(c)(3)$9.4 millionBrunswick, ME
17Great Falls Development Authority501(c)(3)$2.8 millionGreat Falls, MT
18WBD501(c)(3)$7.0 millionMadison, WI
19Mission Economic Development Agency (MEDA)501(c)(3)$12 millionSan Francisco, CA
20Middle East Investment Initiative (MEII)501(c)(3)$3.4 millionWashington, DC
21Rockville Economic Development (REDI)501(c)(3)$1.0 millionRockville, MD
22The Enterprise Center Community Development Corporation (TEC)501(c)(3)$1.9 millionPhiladelphia, PA
23South Central Kansas Economic Development District501(c)(3)$4.6 millionBel Aire, KS
24Enterprise Minnesota501(c)(3)$5.2 millionMinneapolis, MN
25Structured Employment Economic Development Corporation (SEEDCO)501(c)(3)$7.1 millionNew York, NY