EIN 64-0901569

Innovate Mississippi

IRS 501(c) type
501(c)(3)
Num. employees
16
Year formed
1998
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Innovate Mississippi drives innovation and technology-based economic development for the state of Mississippi through providing support and services that promote business and investment development for technology-focused companies and organizations. The organization offers programs such as Manufacturing Extension Partnership.
Total revenues
$1,998,207
2023
Total expenses
$1,683,360
2023
Total assets
$1,521,742
2023
Num. employees
16
2023

Program areas at Innovate Mississippi

Delivered support and services that promote business and investment development for technology-focused companies and organizations in the state of Mississippi. Innovate Mississippi provides the following programs: 1. Manufacturing Extension Partnership of Mississippi (MEP.ms) The Manufacturing Extension Partnership of Mississippi (MEP.ms) is a program under Innovate Mississippi that works to assist Mississippi manufacturers. MEP.ms works with partner organizations to provide expertise and services tailored to the most critical needs of area manufacturers, which range from process improvements and worker training to business practices and applications of information technology. MEP.ms partners include the Mississippi Manufacturers Association, several Mississippi Universities and Community Colleges, and private sector service providers. 2. Strategic Biomass Solutions Strategic Biomass Solutions is another program of Innovate Mississippi. The purpose of the Strategic Biomass Solutions program is to drive innovation in the area of renewable energy technology by connecting entrepreneurs, investors, and economic developers. Strategic Biomass Solutions offers numerous resources to renewable energy stakeholders, such as studies and analysis for startup businesses and information via the Renewable Energy Venture Development Academy. Strategic Biomass Solutions also manages the Mississippi Biomass and Renewable Energy Council, an organization that serves as the voice of sustainable industries in Mississippi. Overall, Strategic Biomass Solutions exists to serve the needs of renewable energy ventures in order to drive technology to market. 3. Innovation Report Innovate Mississippi's marketing includes events and the publication of Innovation Report magazine. Innovation Report magazine greets its readers with articles and features telling the Mississippi story by highlighting the impressive individuals, ideas, companies and products that proudly call Mississippi home. 4.High Technology Conference High technology conference is another program of Innovate Mississippi. The purpose of the high technology conference is to offer an annual gathering of industry leaders and students an opportunity to network, learn and be inspired by technology.

Who funds Innovate Mississippi

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Online Giving FoundationGeneral Support$30,000
AmazonSmile FoundationGeneral Support$46

Personnel at Innovate Mississippi

NameTitleCompensation
Tony JeffPresident and Chief Executive Officer
Tasha BibbEntrepreneurial Development Director
Claire RomeOffice Manager
Lindsey BenefeldInvestment Manager
Applied ScienceManager
...and 7 more key personnel

Financials for Innovate Mississippi

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,707,773
Program services$97,562
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$192,872
Total revenues$1,998,207

Form 990s for Innovate Mississippi

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-15990View PDF
2022-062022-12-01990View PDF
2021-062022-02-22990View PDF
2020-062021-04-14990View PDF
2019-062021-01-28990View PDF
...and 9 more Form 990s

Organizations like Innovate Mississippi

OrganizationLocationRevenue
Lehigh Valley Economic Development Corporation (LVEDC)Bethlehem, PA$3,199,006
Greater MSPSaint Paul, MN$6,796,435
Bear Paw Development CorporationHavre, MT$1,522,594
Columbia Economic Development CorporationHudson, NY$1,131,840
Kennebec Valley Council of Governments (KVCOG)Fairfield, ME$1,583,667
Greenpoint Manufacturing and Design Center (GMDC)Brooklyn, NY$5,077,800
Northern Great Lakes InitiativesMarquette, MI$8,055,442
Southern Bancorp Community PartnersLittle Rock, AR$3,481,550
Fulton Economic Development CorporationRochester, IN$735,312
Omaha Economic Development Corporation (OEDC)Omaha, NE$5,224,740
Data update history
January 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Received grants
Identified 1 new grant, including a grant for $30,000 from American Online Giving Foundation
May 23, 2023
Used new vendors
Identified 1 new vendor, including
September 29, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Science and technologyCommunity improvementEconomic development
Characteristics
Political advocacyConducts researchLobbyingPartially liquidatedState / local levelReceives government fundingManagement and technical assistanceTax deductible donations
General information
Address
121 N State St Ste 500
Jackson, MS 39201
Metro area
Jackson, MS
Website URL
innovate.ms/ 
Phone
(601) 960-3644
IRS details
EIN
64-0901569
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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