Skip to main content
Lucido logoLucido
--

INNOVATION WORKS INC

EIN: 25-1588611Pittsburgh, PAZIP: 15212
501(c)(3)

Mission

SEE SCHEDULE OINNOVATION WORKS' MISSION IS TO INCREASE THE SUCCESS RATE OF THE REGION'S TECHNOLOGY AND TECHNOLOGY ADOPTING COMPANIES THROUGH DIRECT INVESTMENT, BUSINESS ASSISTANCE, AND INFRASTRUCTURE DEVELOPMENT. UNDERLYING IW'S MISSION IS THE BELIEF THAT INNOVATION IS A KEY ENGINE OF GROWTH FOR THE SOUTHWESTERN PENNSYLVANIA REGION. ACTIVITIES UNDERTAKEN BY INNOVATION WORKS IN PURSUIT OF THIS MISSION HAVE RESULTED IN SIGNIFICANT COMMUNITY DEVELOPMENT BENEFITS, INCLUDING CREATION OF JOBS, ATTRACTION OF INVESTMENT, AND INCREASED COMPETITIVE ADVANTAGE FOR COMPANIES LOCATED IN SOUTHWESTERN PENNSYLVANIA.

Financials

YearRevenueExpensesAssets
2022$15.8M$0$49.2M

Compensation

MR RICHARD R LUNAK
President & CEO (Thru 9/22)
chief executive officer
$340,568
$172,097
$660
$566,046
MR VEN RAJU
President & CEO (As of 10/22)
chief executive officer
$290,118
$64,911
$0
$400,950
MR JIM JEN
Vp & COO (Thru 2/23)
chief operating officer
$229,916
$55,301
$663
$337,006
MR ROBERT STARZYNSKI
Vp of Business Development, Treasurer
vice president
$170,755
$44,744
$578
$253,632
MS MEGAN SHAW
Portfolio Executive (Thru 4/23)
highest compensated employee
$184,187
$39,098
$600
$245,651
MR JEFFERY MCDANIEL
Portfolio Executive
highest compensated employee
$169,024
$34,444
$0
$243,558
MS TERRI GLUECK
Vp, Communications & Commu
vice president
$155,396
$42,311
$528
$236,626
MS KELLEY BENSON
Vp Human Resources & Inclu
vice president
$157,154
$43,313
$537
$236,376
MR AFSHAN KHAN
Portfolio Executive
highest compensated employee
$153,200
$31,161
$523
$227,512
MR MICHAEL FORMICA
Portfolio Executive (Thru 6/23)
highest compensated employee
$153,192
$31,161
$523
$221,112
MR JAMES WRUBEL
Portfolio Executive
highest compensated employee
$151,232
$31,464
$528
$212,501
MS SUSAN KIJOWSKI
Secretary & Controller (Thru 7/22)
secretary (operational)
$115,348
$43,450
$348
$183,405
MS KELLI MCMURRAY
Secretary & Controller (As of 7/22)
secretary (operational)
$0
$0
$0
$147,033
MR WILLIAM SANDERS
Board Member (As of 6/23)
board member
$0
$0
$0
$0
MS CATHERINE MOTT
Board Chair
board chair
$0
$0
$0
$0
MR ROBERT A RUTENBAR
Board Member
board member
$0
$0
$0
$0
DR STEVEN REIS
Board Member
board member
$0
$0
$0
$0
MS REBECCA DOERGE
Board Member
board member
$0
$0
$0
$0
MR JOE FERRARA
Board Member
board member
$0
$0
$0
$0
MR TOM JONES
Board Member
board member
$0
$0
$0
$0
MS DONNA MYERS
Board Member
board member
$0
$0
$0
$0
MR JIMMY WILLIAMS
Board Member
board member
$0
$0
$0
$0
MR JUAN GARRETT
Board Member (Thru 12/22)
board member
$0
$0
$0
$0
MR KIRK BOTULA
Vp & CSOo (As of 3/23)
vice president
$0
$0
$0
$0

Explore related organizations

All nonprofits in Pennsylvania

Similar Organizations

Horizon House Inc

Philadelphia, PA

$14.7M revenue
Very similar revenue ($14.7M vs $15.8M)Same state (Pennsylvania)Comparable compensation levelsSimilar size (23 vs 24 executives)
ODD FELLOWS HOME

Middletown, PA

$16M revenue
Very similar revenue ($16M vs $15.8M)Same state (Pennsylvania)
MATERNAL & FAMILY HEALTH SERVICES INC

Wilkes Barre, PA

$17.9M revenue
Similar revenue ($17.9M vs $15.8M)Same state (Pennsylvania)Similar median compensation ($204k vs $237k)
SCRANTON AREA FOUNDATION INC

Scranton, PA

$12.5M revenue
Similar revenue ($12.5M vs $15.8M)Same state (Pennsylvania)Similar median compensation ($219k vs $237k)
AUBERLE

McKeesport, PA

$17.3M revenue
Very similar revenue ($17.3M vs $15.8M)Same state (Pennsylvania)
YORK COUNTY CEREBRAL PALSY HOME INC

York, PA

$16.5M revenue
Very similar revenue ($16.5M vs $15.8M)Same state (Pennsylvania)
FOUNDATION FOR DELAWARE COUNTY

Media, PA

$12.3M revenue
Similar revenue ($12.3M vs $15.8M)Same state (Pennsylvania)Comparable compensation levelsSimilar size (25 vs 24 executives)
DUBOIS CONTINUUM OF CARE COMMUNITY INC

DuBois, PA

$16.3M revenue
Very similar revenue ($16.3M vs $15.8M)Same state (Pennsylvania)
INDEPENDENCE CHARTER SCHOOL WEST

Philadelphia, PA

$16.9M revenue
Very similar revenue ($16.9M vs $15.8M)Same state (Pennsylvania)
KUTZTOWN UNIVERSITY FOUNDATION INC

Kutztown, PA

$12.1M revenue
Similar revenue ($12.1M vs $15.8M)Same state (Pennsylvania)Similar median compensation ($238k vs $237k)

Learn more

Data from IRS Form 990 filings (2022).