Fiscal year ending 2016. Filed on September 21, 2017.
18 N Jackson Street PO Box 5005
Janesville, Wisconsin 53547
Janesville Innovation Inc. (EIN: 46-3516056) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Janesville Innovation Inc., a 501(c)(3) charitable organization, reported compensation for 12 employees. Among the employees shown here, the average compensation is $0.
Revenue
Expenses
Employee compensation
No board members were reported during this fiscal year.
THE CORPORATION'S ACTIVITIES ARE INTENDED TO PROVIDE AN OPPORTUNITY TO SMALLER, LOCALLY OWNED ENTREPRENEURIAL FIRMS TO BE NURTURED THROUGH THEIR FORMATIVE YEARS. RECRUITING AND ASSISTING THESE BUSINESSES, WITH HIGH POTENTIAL FOR GROWTH, EQUATES TO INCREASING JOB OPPORTUNITIES FOR UNEMPLOYED AND UNDEREMPLOYED JANESVILLE AREA RESIDENTS. THE CORPORATION'S PRINCIPAL SERVICE AREA IS THE CITY OF JANESVILLE, WHICH HAS MET THE ECONOMIC DISTRESS CRITERIA AS ESTABLISHED BY THE UNITED STATES DEPT. OF COMMERCE, ECONOMIC DEVELOPMENT ADMINISTRATION. ECONOMIC CONDITIONS IN THIS AREA INCLUDE HIGHER UNEMPLOYMENT RATES THAN OTHER SECTIONS OF THE COUNTRY, LOW PER CAPITA INCOME, AN UNUSUALLY HIGH NUMBER OF PLANT CLOSINGS AND A SIGNIFICANT NUMBER OF LOST MANUFACTURING JOBS.
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