Public Charity

FIRST STATE INNOVATION INC

FIRST STATE INNOVATION INC is a nonprofit organization categorized as Public Charity based in WILMINGTON, DE. Its most recent IRS filing (2024) reports expenses of $2K, total assets of $401K.

EIN: 205095603 WILMINGTON, DE Economic Development NTEE: S30 Latest filing: 2024
Total Expenses$2K
Total Assets$401K
Grant Records0
Filing Years2020–2024

Mission

TO HELP GROW WEALTH AND THE WORKFORCE OF DELAWARE'S INNOVATION ECONOMY BY GROWING, ATTRACTING, RETAINING, AND CONNECTING HIGH GROWTH TECHNOLOGY-BASED BUSINESSES AND SUPPORTING INFRASTRUCTURE IN THE STATE, AND TO HELP CREATE AN ENVIRONMENT THAT MAKES IT EASY FOR EMERGING COMPANIES TO LOCATE THE RESOURCES THAT WILL ENABLE THEM TO INCUBATE, GROW OR RELOCATE TO THE STATE AND THE SURROUNDING REGION.

Officers & Directors

BOARD MEMBER Andy Lubin
BOARD MEMBER David Gates
CHAIRMAN & PRESIDENT Ernest J Dianastasis
BOARD MEMBER Frank Pennella
BOARD MEMBER Jeffrey E Fetterman
BOARD MEMBER J Michael Bowman

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $2K $401K
2023 $40 $404K
2022 $200 $2K $404K
2021 $13K $406K
2020 $100 $3K $418K

Between 2020 and 2022, reported annual revenue grew from $100 to $200 (+100%), with total assets most recently reported at $401K.

Interactive year-over-year charts and full filing details available with membership.

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