Innovate Abq Inc.
Fiscal year ending 2019. Filed on May 7, 2020.
801 University Blvd SE No 207
Albuquerque, New Mexico 87106
Innovate Abq Inc. (EIN: 47-2386705) has filed an IRS Form 990 from fiscal year 2016–2020. In its fiscal year 2019 IRS Form 990 filing, Innovate Abq Inc., a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $374,873. The highest compensated employee at Innovate Abq Inc. is Richard Larson with fiscal year 2019 compensation of $534,372.
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Mission Statement
INNOVATE ABQ INC. IS A PUBLIC/PRIVATE PARTNERSHIP UNDER THE LEADERSHIP OF THE UNIVERSITY OF NEW MEXICO FOR THE DEVELOPMENT OF AN INNOVATION DISTRICT LOCATED SYNERGISTICALLY BETWEEN THE UNIVERSITY OF NEW MEXICO AND DOWNTOWN ALBUQUERQUE, NEW MEXICO. THE PROJECT INCLUDES PLANNING FOR AND DEVELOPMENT OF A CORE SITE IN DOWNTOWN ALBUQUERQUE WITHIN A LARGER SURROUNDING RESEARCH AND HIGH-TECHNOLOGY BUSINESS DISTRICT THAT WILL SERVE AS A CATALYST FOR A NEW INNOVATION ECONOMY IN NEW MEXICO. THE VISION FOR INNOVATE ABQ INC. IS THE CREATION OF AN INTEGRATED, HIGHLY CONNECTED TECHNOLOGY COMMUNITY THAT WILL FOSTER INNOVATION, TECHNOLOGICAL ADVANCEMENT, AND ENTREPRENEURIAL ACTIVITY. THE COMMUNITY MAY INCLUDE COMPATIBLE RESEARCH AND COMMERCIAL LABS, SCIENCE AND TECHNOLOGY COMPANIES, EDUCATIONAL PROGRAMS, BUSINESS SERVICES, SUPPORT SERVICES, COMMERCIAL AND RETAIL BUSINESSES, RESIDENTIAL LIVING SPACES, AND A BUSINESS INCUBATOR.
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