Skip to content
Nonprofiteer
← INNOVATION WORKS INC

Form 990 for tax year 2023

Filed by INNOVATION WORKS INC.

Totals

Total revenue
$13,218,069
Total expenses
$16,611,674
Contributions and grants received
$10,671,016
Grants paid
$559,460
Program services expenses (Part IX)
$14,348,251
Management and general expenses
$2,153,582
Fundraising expenses
$109,841
Program service expenses (Part III)
$14,348,251

Program services were 86.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MS CATHERINE MOTT THRU 1223

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • MR ROB A RUTENBAR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.75

  • DR STEVEN REIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.75

  • MR JOE FERRARA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.75

  • MS DONNA MYERS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.75

  • MR JIMMY WILLIAMS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.75

  • MR WILLIAM SANDERS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.75

  • MR TOM JONES

    BOARD CHAIR (AS OF 1/24)

    Total calculated
    $0
    Hours/week
    2.5

  • MR RON BIANCHINI JR

    BOARD MEMBER (AS OF 1/24)

    Total calculated
    $0
    Hours/week
    0.75

  • MS REBECCA DOERGE

    BOARD MEMBER (THRU 7/23)

    Total calculated
    $0
    Hours/week
    0.75

  • MR VEN RAJU

    PRESIDENT & CEO

    Total calculated
    $576,041
    From this org
    $524,732
    From related orgs
    $0
    Other
    $51,309
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $396,357
    Bonus
    $128,375
    Other
    $0
    Deferred
    $39,600
    Nontaxable benefits
    $12,051
    Filer's total
    $576,383

  • MR KIRK BOTULA

    VP & CSOO

    Total calculated
    $298,798
    From this org
    $253,489
    From related orgs
    $0
    Other
    $45,309
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,811
    Bonus
    $28,678
    Other
    $0
    Deferred
    $27,380
    Nontaxable benefits
    $18,225
    Filer's total
    $299,094

  • MS KELLI MCMURRAY

    SECRETARY & CONTROLLER

    Total calculated
    $176,815
    From this org
    $157,479
    From related orgs
    $0
    Other
    $19,336
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $122,937
    Bonus
    $34,083
    Other
    $459
    Deferred
    $15,111
    Nontaxable benefits
    $4,550
    Filer's total
    $177,140

  • MS KELLEY BENSON

    VP HR & INCLUSION

    Total calculated
    $257,082
    From this org
    $217,606
    From related orgs
    $0
    Other
    $39,476
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,261
    Bonus
    $46,773
    Other
    $572
    Deferred
    $21,043
    Nontaxable benefits
    $18,770
    Filer's total
    $257,419

  • MS TERRI GLUECK THRU 124

    VP OF COMMUNICATION & COMMUNITY DEV.

    Total calculated
    $243,624
    From this org
    $205,960
    From related orgs
    $0
    Other
    $37,664
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,884
    Bonus
    $41,525
    Other
    $551
    Deferred
    $20,017
    Nontaxable benefits
    $17,980
    Filer's total
    $243,957

  • MR ROBERT STARZYNSKI

    VP BUSINESS DEV. & TREASURER

    Total calculated
    $272,461
    From this org
    $231,272
    From related orgs
    $0
    Other
    $41,189
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $180,616
    Bonus
    $50,050
    Other
    $606
    Deferred
    $22,290
    Nontaxable benefits
    $19,239
    Filer's total
    $272,801

  • MS AFSHAN KHAN

    PORTFOLIO EXECUTIVE

    Total calculated
    $237,029
    From this org
    $190,444
    From related orgs
    $0
    Other
    $46,585
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,656
    Bonus
    $32,252
    Other
    $536
    Deferred
    $19,706
    Nontaxable benefits
    $27,212
    Filer's total
    $237,362

  • MR JEFFERY MCDANIEL

    PORTFOLIO EXECUTIVE

    Total calculated
    $252,192
    From this org
    $207,962
    From related orgs
    $0
    Other
    $44,230
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,485
    Bonus
    $35,477
    Other
    $0
    Deferred
    $21,676
    Nontaxable benefits
    $22,892
    Filer's total
    $252,530

  • MR AARON TAINTER

    DIRECTOR OF ACCELERATOR PROGRAMS

    Total calculated
    $186,534
    From this org
    $169,626
    From related orgs
    $0
    Other
    $16,908
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,001
    Bonus
    $25,625
    Other
    $0
    Deferred
    $16,908
    Nontaxable benefits
    $329
    Filer's total
    $186,863

  • MS DEBORAH WALKER

    SR. LEGAL COUNSEL

    Total calculated
    $208,104
    From this org
    $189,747
    From related orgs
    $0
    Other
    $18,357
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,830
    Bonus
    $31,416
    Other
    $501
    Deferred
    $18,357
    Nontaxable benefits
    $332
    Filer's total
    $208,436

  • MS CIGDEM HAJIPOURAN BENAM

    PORTFOLIO EXECUTIVE

    Total calculated
    $163,403
    From this org
    $148,114
    From related orgs
    $0
    Other
    $15,289
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,139
    Bonus
    $18,562
    Other
    $413
    Deferred
    $15,179
    Nontaxable benefits
    $430
    Filer's total
    $163,723

  • MR RICHARD R LUNAK

    FORMER PRESIDENT & CEO

    Total calculated
    $246,427
    From this org
    $218,638
    From related orgs
    $0
    Other
    $27,789
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,009
    Bonus
    $51,629
    Other
    $0
    Deferred
    $3,012
    Nontaxable benefits
    $24,778
    Filer's total
    $246,428

  • MR JIM JEN

    FORMER VP & COO

    Total calculated
    $343,854
    From this org
    $320,952
    From related orgs
    $0
    Other
    $22,902
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $258,692
    Bonus
    $62,150
    Other
    $110
    Deferred
    $7,520
    Nontaxable benefits
    $15,428
    Filer's total
    $343,900

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202521359349310282

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.