ERIE INNOVATION DISTRICT
EIN 84-2345250 · Economic Development (S30)
What they do
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 ORGANIZATIONS 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 APPLIED for IN 2021 and FULL FORGIVENESS of THE AMOUNT OUTSTANDING is ANTICIPATED. UPON FORGIVENESS of THIS LOAN, ERIE INNOVATION DISTRICTS OPERATIONS WILL HAVE FULLY CEASED and A FINAL TAX RETURN WILL BE FILED.
Should I give to this charity?
Of every $100 spent, about $86.90 was reported for mission work. Use the spending picture below and ask what results that work produced.
Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.
Basic facts we verified
IRS warning checkNo IRS revocation warning appears in this data.
Money report from 2020The report may be old. Ask for a newer one.
They explain their jobThe charity tells us what it is trying to do.
They name their leaders4 people are listed in the latest report.
You can reach themThey list contact information, so you can ask questions.
Money made simple
Ask these three easy questions
- Who did you help? Ask for a recent story or report that shows real results.
- What will my money do? Ask exactly what your gift will pay for.
- Is this really the charity? Give only through its official website or confirmed phone number.
Worth asking: Expenses exceeded revenue by $165,811 this year. Ask whether that was planned or caused by a one-time event.
Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.
Financial picture
A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.
How each $100 of revenue was used
The large number compares each expense with revenue. The smaller number shows its share of total expenses.
Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.
Money in and money out
Reported spending amounts
Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.
See all reported dollar amounts
Leadership and board
Names, titles, time, and compensation below are reported by the organization on its Form 990.
No compensation was reported for these leaders. The complete board and leadership roster is shown below.
Board and leadership roster (4)
JIM MARTINCHAIRMAN
JOE NECASTRODIRECTOR
KARL SANCHACKPRES, SEC, T
KEITH KENNEDYDIRECTOR
About this charity
- Location
- 1128 STATE STREET, ERIE, PA 16501
- County
- Erie
- In care of
- JIM MARTIN
- Primary officer
- JIM MARTIN, CHAIRMAN
How to reach them
Filing and classification
- Latest tax year
- 2020
- Tax period began
- January 1, 2020
- Return type
- 990EZ
- Tax preparer
- SCHAFFNER KNIGHT MINNAUGH & CO PC
- NTEE classification
- Economic Development (S30)
- IRS tax category
- Economic Development