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INSITE MENTOR CAPITAL INC
NEW YORK, NY · EIN 050539236 · Form 990 · FY2020 · Micro (<$100K)
revenue
$54K
expenses
$59K
net assets
$42K
employees
0
program ratio
95%
mission · from form 990

TO STRENGTHEN THE ENTREPRENEURIAL ECOSYSTEM IN NYC BY BRING TOGETHER A SELECT GROUP OF GRADUATE STUDENTS, START-UPS AND VENTURE CAPITALISTS AND ENABLING THEM TO CONTRIBUTE TO THIS ECOSYSTEM THROUGH A UNIQUE MENTORSHIP AND DEVELOPMENT PROGRAM.

profile · synthesized from sources

INSITE MENTOR CAPITAL INC aims to strengthen New York City's entrepreneurial ecosystem by connecting graduate students, startups, and venture capitalists through a mentorship and development program. The organization facilitates collaboration and knowledge exchange among these groups to support innovation and startup growth. Based in New York, NY, it operates as a nonprofit with a focus on ecosystem-building rather than direct financial grants.

named programs · 1 · from sources

What they call their work

Mentorship and Development Program
Connects graduate students, startups, and venture capitalists in NYC through structured mentorship, networking, and professional development activities to strengthen the local entrepreneurial ecosystem.
activities · 1 group

What they do

  • Startup Acceleration & Business Growth Support 1 activity
    • Mentorship and development program for entrepreneurs
      Operates a program that connects graduate students, start-ups, and venture capitalists to strengthen the entrepreneurial ecosystem in New York City. The program focuses on mentorship and capacity building within the local innovation network.
financials · form 990 · fy2020
revenue
Total revenue$54K
Contributions & grants$54K100%
Program service revenue$00%
Investment income$210%
Other revenue$0
expenses
Total expenses$59K
Program expenses95%
Admin / overhead5%
Fundraising0%
Salaries & benefits$51K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$42K
Cash$42K
Investments$0
Liabilities$0
Net assets$42K
Liquid reserves8.6 mo
1 years on record · 2020–2020
leadership · form 990 part vii · fy2020

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
PAUL TUMPOWSKY CHAIRPERSON 6 $51K
board members · 13
  • ABE GEIGER — DIRECTOR
  • ALEX FERRARA — DIRECTOR
  • BRIAN CARROLL — DIRECTOR
  • DAN LEBERMAN — DIRECTOR
  • KARL ALOMAR — DIRECTOR
  • KEVIN KELLER — DIRECTOR
  • LAUREN PICASSO — DIRECTOR
  • MIKE KATZ — DIRECTOR
  • PETER KARLEN — DIRECTOR
  • RICH NESPOLA — VICE CHAIRPERSON
  • SANJAY AMIN — DIRECTOR
  • TOM KARLO — DIRECTOR
  • VINAY JAIN — DIRECTOR
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Ecosystem-Strengthening Through Cross-Sector Mentorship
    methodology: ecosystem_strengthening
    By connecting graduate students, start-ups, and venture capitalists through structured mentorship, the organization produces a stronger entrepreneurial ecosystem because cross-sector collaboration fosters knowledge transfer, resource sharing, and innovation scaling.