INNOVATION DEPOT INC
1500 1ST AVE N, BIRMINGHAM, AL 35203 www.innovationdepot.org

Total Revenue
$3,144,705
Total Expenses
$3,112,895
Net Assets
$11,407,796

Organizations Filed Purposes: TO PROVIDE AN ENVIRONMENT IN WHICH START UP/GROWTH PHASE BUSINESS CAN DEVELOP

INNOVATION DEPOT IS A 501(C)(3) NOT-FOR-PROFIT BUSINESS INCUBATION PROGRAM OPERATING IN PARTNERSHIP WITH THE UNIVERSITY OF ALABAMA AT BIRMINGHAM. THE PROGRAM IS HOUSED IN A 140,000 SQUARE FOOT FACILITY THAT FOCUSES ON THE DEVELOPMENT AND GROWTH OF EMERGING BIOTECH/LIFE SCIENCE,INFORMATION TECHNOLOGY,ENGINEERING TECHNOLOGY, AND BUSINESS SERVICE COMPANIES. THEY PROVIDE AN OPPORTUNITY FOR THESE BUSINESSES TO DEVELOP, GROW, AND SUCCEED BY OFFERING MANAGEMENT ASSISTANCE, IDENTIFYING FINANCING ALTERNATIVES, AND PROVIDING A BUSINESS INCUBATION CENTER. INNOVATION DEPOT, A PUBLIC-PRIVATE ECONOMIC DEVELOPMENT EFFORT, IS FUNDED BY THE BIRMINGHAM REGIONAL BUSINESS COMMUNITY, THE COMMUNITY FOUNDATION OF GREATER BIRMINGHAM, UAB, THE CITY OF BIRMINGHAM, AND OTHER LEADING PRIVATE FOUNDATION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Desiree PageCONTROLLER40$71,490
Molly LabordeCOO40$71,058
Andrew HoneycuttPRESIDENT & CEO40$30,000
Sarah McfarlandDIRECTOR OF PRO & CUL40$29,194
Deon GordonBOARD MEMBER1$0
Ray WattsBOARD MEMBER1$0
Bebe GoodrichBOARD MEMBER1$0
Gene PriceBOARD MEMBER1$0
John OwenBOARD MEMBER1$0
Scott McglaunBOARD MEMBER1$0
Miller GirvinBOARD MEMBER1$0
Johnathan GeisenBOARD MEMBER1$0
Nick WillisBOARD MEMBER1$0
Lee SmithBOARD MEMBER1$0
Liz PharoBOARD MEMBER1$0
Dave KnightBOARD MEMBER1$0
Kathy NugentBOARD MEMBER1$0
Adam CranfordBOARD MEMBER1$0
John McdonaldBOARD MEMBER1$0
Eric JackBOARD MEMBER1$0
Greg BakerBOARD MEMBER1$0
Alan DeanBOARD MEMBER1$0
Chris BrownBOARD MEMBER1$0
Dave GrayBOARD MEMBER1$0
Shegun OtulanaBOARD MEMBER1$0
James ChildsBOARD MEMBER1$0
Greg CanfieldBOARD MEMBER1$0
Cecil BostanyBOARD MEMBER1$0
Keith BarfieldBOARD MEMBER1$0
Iwan AlexanderBOARD MEMBER1$0
Scott AdamsBOARD MEMBER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013179349302646_public.xml