Gaston Innovation Group Inc

Gaston Innovation Group Inc

Belmont, NC, US
501(c)3
EIN
81-3076695

Gaston Innovation Group Inc

Belmont, NC, US
501(c)3
EIN
81-3076695

Overview

Sign up for

Est.

2016

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Gaston Innovation Group Inc, a nonprofit organization based in Gaston County, North Carolina, is dedicated to enhancing the socio-economic conditions of its residents through initiatives in community and economic development, technology, and entrepreneurship. With an operating budget of $462K and total revenue of $559.9K for the 2024 fiscal year, the organization focuses on job growth by improving digital inclusion and providing technology training, particularly to low and moderate-income populations. Gaston Innovation Group does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.

Mission Statement

Gaston Innnovation Group, Inc., was formed for the purpose of improving the socio-economic conditions for citizens of Gaston County, North Carolina, by stimulating job growth through digital inclusion, small business formation and entrepreneurship. The programs and services the organization will be developing and delivering are badly needed in Gaston County due to the challenging economic conditions in the County. Gaston County had the highest unemployment rate (by at least .5%) of all the NC counties contiguous to and including Mecklenburg County and the highest poverty rate among NC counties in that same region. Gaston Innovation Group addresses upward mobility for the low to moderate income population by expanding access to high speed internet, as well as specially-designed coding and other technology classes, a digital roadmap with digital literacy tools and training, and partnerships with local colleges and K-12 schools. Gaston Innovation Group will aid businesses that locate or r
Revenues

$559.9K

Expenses

$462K

Net Income:
+$97.9K
Assets

$284.3K

Liabilities

$329K

Net Assets:
-$44.7K
Operating Budget

$462K

Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants

3

Median grant size
$5K
Largest grant received
$20K
T
Terry Cox
Board Member
T
Tim Cascio
Board Member
M
Mark Cramer
Board Member

Frequently Asked Questions

What is Gaston Innovation Group Inc’s budget?
In 2024, Gaston Innovation Group Inc reported an annual operating budget of around $462 thousand. More detailed financial information is available to registered users.
What causes does Gaston Innovation Group Inc support?
Gaston Innovation Group Inc supports work in Technology, Internet, Employment, Entrepreneurship, and Community and economic development.
Where does Gaston Innovation Group Inc operate?
Gaston Innovation Group Inc is headquartered in Belmont, NC.
Who funded Gaston Innovation Group Inc recently?
In 2024, Gaston Innovation Group Inc received grants from CLA FOUNDATION, MONTCROSS TOMORROW CHAMBER FOUNDATI, and CHARLOTTE REGION CHAPTER OF SIM. More information on this organization’s funders is available to registered users.
What is the largest grant Gaston Innovation Group Inc received in 2024?
The largest grant to Gaston Innovation Group Inc in 2024 exceeds $20 thousand.
What is Gaston Innovation Group Inc’s reliance on government grants?
Gaston Innovation Group Inc relied on government grants for more than 50% of their total revenue in 2024.
Overview
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)