New Haven Innovation Labs Inc

NEW HAVEN, CT EIN: 87-3267187 Website

Community Improvement & Capacity Building

TO PROMOTE, SUPPORT AND FURTHER THE ECONOMIC HEALTH AND DEVELOPMENT OF THE CITY OF NEW HAVEN AND ITS REGIONS THEREBY RELIEVING GOVERNMENTAL BURDENS, TO ADVANCE SCIENCE BY ENGAGING IN EFFORTS TO SUPPORT BIOMEDICAL AND OTHER SCIENTIFIC RESEARCH AND TO BENEFIT ITS SOLE MEMBER THE JOHN B. PIERCE LABORATORY, INC. (A 501(C)(3) ORGANIZATION). THE CORPORATION'S ACTIVITIES INCLUDE OPERATING AN INCUBATOR FACILITY FOR START-UP AND FLEDGLING COMPANIES ENGAGED IN BIO-SCIENTIFIC RESEARCH AND SUPPORTING SUCH RESEARCH, ENGAGING IN OTHER ACTIVITIES THAT SUPPORT JOB CREATION, PROMOTING COLLABORATION AND SHARING OF KNOWLEDGE AMONG SCIENTISTS AND ADVANCING EDUCATION AND TRAINING TO LOCAL STUDENTS IN BIOSCIENCE AND RESEARCH.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$170K

-39.5% YoY

Annual Giving

$542K

-1.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$542K

-1.6% YoY

About New Haven Innovation Labs Inc

Based on IRS filings

New Haven Innovation Labs Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in NEW HAVEN, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $170K in total assets. In 2024, it awarded 1 grants totaling $542K.

Focus Areas

Community Improvement & Capacity Building

Ready to take the next step with New Haven Innovation Labs Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Connecticut $1.1M (100%)

States

Connecticut

Cities

New Haven

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$169,540	$280,064	$344,717
Revenue	$978,044	$753,321	$408,452
Expenses	$978,044	$973,645	$269,130
Qualifying Distributions	—	—	—
Net Investment Income	—	—	—
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The John B Pierce Laboratory Inc ($542,268).

Recipient	Purpose	Amount
THE JOHN B PIERCE LABORATORY INC NEW HAVEN, CT	RESEARCH ON PHYSIOLOGICAL SYSTEMS & STRESSES IMPOSED BY THE ENVIRONMENT	$542,268

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOHN GEIBEL	PAST DIRECTOR	2	—
MARGARET MASON	DIRECTOR	2	—
MICHELE SOLOMON	DIRECTOR	2	—
KEVIN MYATT	DIRECTOR	2	—
CHRISTOPHER VENDOLA	PAST DIRECTOR	2	—

Subject Areas

Focus areas based on grantmaking activity

Community Improvement & Capacity Building

Frequently Asked Questions

What is New Haven Innovation Labs Inc?

New Haven Innovation Labs Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in NEW HAVEN, CT. It holds $170K in total assets as of 2024.