Innovate Birmingham

“The return is prepared by an independent cpa. Upon completion of the preparation and prior to the filing of the return, the return is provided to the program director. The program director is responsible for reviewing the return and forwarding the return to the directors. The directors and program director will determine if any changes or adjustments need to be made. Any changes or adjustments will be provided to and discussed with the independent cpa. Once all changes have been made and the directors have completed a final review, the return will be filed.”

“To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax- exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: (a) whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining, and (b) whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”

“The governing documents are made available to the public upon request.”

“Innovate birmingham, formerly i am bham, inc., became a registered 501(c)3 in 2016 following the award of the us department of labor's america's promise grant. Led by the university of alabama at birmingham (uab), a coalition of over 15 community partners and 30 employers came together to solve two problems: (1) meet the demand of an it workforce growing at the second-fastest pace in the country; (2) harness the potential of under- and unemployed residents in central alabama. Innovate birmingham and our partners are driven by a shared belief: talent is distributed equally in our community but opportunity is not. Our programs are designed to address this challenge by identifying talent needs with employers; connecting with area residents who are disconnected from the labor market; and providing holistic support, professional development, and training for our students. As a demand-driven nonprofit organization, our programs are updated and aligned with industry needs along with input from employers and participants.”

“Professional development 19,465 2,659 0 professional curriculum 117,994 0 0 contractual 148,253 11,740 0 total 285,712 14,399 0”