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Organizations Innovation Depot Inc

Innovation Depot Inc

Fiscal year ending 2019. Filed on November 11, 2019.

1500 1st Ave N
Birmingham, Alabama 35203

Innovation Depot Inc (EIN: 63-0917530) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Innovation Depot Inc, a 501(c)(3) charitable organization, reported compensation for 3 out of 8 total employees. Among the employees shown here, the average compensation is $117,166. The highest compensated employee at Innovation Depot Inc is Thomas Laney with fiscal year 2019 compensation of $175,008.

Revenue, expenses, and employee compensation

Revenue

$3,351,433

Expenses

$3,332,466

Employee compensation

$667,421
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Laney
President and Chief Executive Officer
$175,008
$175,008 No related compNo other comp
Molly Watkins
Chief Operating Officer
$105,000
$105,000 No related compNo other comp
Desiree Page
Controller
$71,490
$71,490 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Alan Dean
Board Member
Art Tipton
Board Member
Bob Crutchfield
Board Member
Cecil Bostany
Board Member
David Brown
Board Member
Deon Gordon
Board Member
Elizabeth Goodwrich
Board Member
Eric Jack
Board Member
Gene Price
Board Member
Greg Baker
Board Member
Greg Canfield
Board Member
Hb Brantley
Board Member

Mission Statement

Incubate and accelerate tech and bio-focused, high growth businesses by providing teams with a proven blueprint for success, support in strategic areas, and access to an inclusive and supportive community. We add value by being a catalyst for growth to our members and partners.

Revisions to this organization profile

November 17, 2025:
2024 Innovation Depot Inc 990 filed
May 15, 2024:
2023 Innovation Depot Inc 990 filed
May 14, 2024:
Amended (originally filed May 10, 2023)2022 Innovation Depot Inc 990 filed

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