MHUB
965 WEST CHICAGO AVENUE, CHICAGO, IL 60642 www.mhubchicago.com

Total Revenue
$4,253,679
Total Expenses
$5,537,170
Net Assets
$-2,355,787

Organizations Filed Purposes: MHUB IS THE NATION'S LARGEST AND FASTEST GROWING INNOVATION CENTER FOR HARDTECH AND MANUFACTURING. MHUB IS A COMMUNITY OF PRODUCT DESIGNERS, DEVELOPERS, ENTREPRENEURS, ENGINEERS AND MANUFACTURERS TAKING BREAKTHROUGH PRODUCTS TO MARKET.

Innovation Center: A shared workspace community, within mHUB, of product designers, developers, entrepreneurs, engineers and manufacturers creating breakthrough products in robotics, connected devices, sensors, energy tech, unmanned vehicles and other cutting edge innovations by providing the right resources, mentorship, and access to manufacturing industry insiders. mHUB helps early-stage innovations go from prototype to product to sustainable business, driving a greater likehood of success, mHUBs state-of-the-art 63,000 square-foot facility features 10 unique fabrication centers to make the product development cycle as efficient/seamless as possible. mHUB provides resources for product design and rapid prototyping including a 3D printing lab, electronics labs, a metal shop and more.

Product Development(PD): PD formerly known as Innovation as a Service, accelerates product development by connecting established manufacturers and industry leaders with talented, innovate and eager entrepreneurs and startups. mHUB engages with clients in many ways and various timelines within the development process from ideation to a final product.

Accelerated Incubation: mHUBs Accelerated Incubation program is a six-month program that pairs 10 demand-driven physical product startups from across the country with corporate leaders and investors for an intensive incubation program including product development and prototyping, mentorship, business curriculum and piloting. The startups will focus on technology challenge areas defined by mHUB partners in each of the sector- specific programs. To help bridge the gap to market, participating partner engineers and business development leaders will provide guidance to the startups, who will retain access to mHUB resources, partners and mentors for up to two years.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Haven AllenChief Executive Officer and Co-Founder40$235,116
Manas MehandruChief Operating Officer40$201,513
Melissa LedererChief Commercial Officer40$156,882
Bill FienupDirector of Innovation Services and Co-Founder40$97,177
Jian CaoBoard Director0.29$0
Andrea ZoppBoard Director0.2$0
Kevin WillerBoard Director0.2$0
Bob WeissbourdBoard Director0.2$0
Mark TebbeBoard Director0.2$0
Tom SimeoneBoard Director0.2$0
Corey RyanBoard Director0.2$0
Meredith O'ConnorBoard Director0.2$0
Gani NayakBoard Director0.2$0
Caralynn N Collens MdBoard Director0.2$0
Patricia MillerBoard Director0.2$0
Don McneillBoard Director0.2$0
Jeffrey MargolisBoard Director0.2$0
Jeff MalehornBoard Director0.2$0
Ushma KriplaniBoard Director0.2$0
Steve KochBoard Director0.2$0
Karen KerrBoard Director0.2$0
Steven KaseBoard Director0.2$0
Zach KaplanBoard Director0.2$0
Edward ColemanBoard Director0.2$0
Doug BoersmaBoard Director0.2$0
Jacob BabcockBoard Director0.2$0
Michael SeedmanChairman0.2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023219349313792_public.xml