Public Charity

West Virginia University Innovation Corporation

West Virginia University Innovation Corporation is a nonprofit organization categorized as Public Charity based in Morgantown, WV. Its most recent IRS filing (2024) reports revenue of $2.7M, expenses of $8.5M, total assets of $56.0M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $44K.

EIN: 611764272 Morgantown, WV Latest filing: 2024
Total Revenue$2.7M
Total Expenses$8.5M
Total Assets$56.0M
Grant Records1
Funding Total$44K
Filing Years2020–2024

Mission

To offer a wide range of strategic partnerships, academia, employment and community opportunities to the state, while promoting innovation and critical thinking within our workforce. Our vision is to catalyze economic growth and improve health outcomes through the advancement of science, medicine and technology in West Virginia and beyond.

Officers & Directors

WVUHS President/WVUIC Director/Chair Albert Wright Jr
Manager Accounting Chris Boland
Director, Secretary Clay B Marsh
WVU Associate VP for Finance Treasury/WVUIC Assistant Treasurer David Kosslow
AVP, WVUIC Erica Steratore
WVUHS Chief Legal Officer/Director starting 12.11.25 Jessica R Alsop

Officer compensation and complete director data available with membership.

Top Grant Purposes

RESEARCH
$44,182 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.7M $8.5M $56.0M
2023 $1.5M $8.2M $57.4M
2022 $2.4M $4.9M $58.7M
2021 $5.9M $4.5M $2.9M
2020 $4.0M $5.4M $3.5M

Between 2020 and 2024, reported annual revenue declined from $4.0M to $2.7M (-33%), with total assets most recently reported at $56.0M.

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

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