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NORTHEAST INDIANA INNOVATION CENTER

IN · Community Development · EIN 352097779

4
Executives Disclosed
$1.5M
Annual Revenue
$8.3M
Total Assets
1.2:1
Internal Pay Ratio

NORTHEAST INDIANA INNOVATION CENTER has 4 executives with disclosed compensation. The highest-paid executive, Karl Lapan (PRESIDENT /), received peak total compensation of $249,102. The sector average for Community Development executives is $172K.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Karl Lapan PRESIDENT / $249K $249K 2016–2019 3.3x
Michael Fritsch PRESIDENT / $213K $213K 2021–2022 2.8x
Mike Fritsch PRESIDENT $202K $202K 2024–2024 2.7x
Karl R Lapan Part Year PRESIDENT / $112K $0 2021–2021 1.5x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 1 $213K $213K $213K
2017 1 $226K $226K $226K
2018 1 $244K $244K $244K
2019 1 $249K $249K $249K
2021 2 $0 $0 $0
2022 1 $213K $213K $213K
2024 1 $202K $202K $202K
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