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University Technology Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260028948 ✦ Lincoln, NE ✦ Designated as a 501(c)(3)

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Overview

What is University Technology Development Corporation?

The University Technology Development Corporation (UTDC) is a nonprofit entity based in Lincoln, Nebraska. Its primary function is to foster collaboration between the University of Nebraska's faculty, staff, and students and industry partners, with the aim of developing and implementing their inventions and intellectual property. UTDC plays a crucial role in advancing the research mission of the University of Nebraska by promoting academic technology transfer, thereby contributing to innovation and development in various sectors.


Official website here: www.nebraska.edu/doing-leading-research/technology-developers

Is University Technology Development Corporation legitimate?

University Technology Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Technology Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nebraska.edu/doing-leading-research/technology-developers

What is the mission statement of University Technology Development Corporation?

The University Technology Development Corporation (UTDC) is committed to its mission of facilitating the development and application of the intellectual property generated by the faculty, staff, and students of the University of Nebraska. This organization supports the research mission of the university by fostering collaborations with industry partners, primarily through licensing research and establishing new venture agreements. By doing so, UTDC plays a crucial role in advancing academic technology transfer, contributing to the broader innovation ecosystem.


Official website here: www.nebraska.edu/doing-leading-research/technology-developers

Who is the CEO of University Technology Development Corporation?
What is the revenue of University Technology Development Corporation?

University Technology Development Corporation's revenue in 2022 was $250,000.


Official website here: www.nebraska.edu/doing-leading-research/technology-developers

Who are the executives of University Technology Development Corporation and what are their salaries?

There 6 volunteers at University Technology Development Corporation.


Here are 11 key members and their salaries:


Jeffrey P Gold Md (Chair)
  • Compensation: $0
  • Related: $1,191,417
  • Other: $41,421
Ken Jones (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Martin (Director (Thru 08/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wirtz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Bushell (Director (Beg 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Moreano (Director (Beg 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Keegan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Eurek (Director (Beg 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Lang (President)
  • Compensation: $0
  • Related: $194,603
  • Other: $23,008
Christopher Kabourek (Treasurer)
  • Compensation: $0
  • Related: $334,971
  • Other: $44,112
Stacia Palser (Secretary)
  • Compensation: $0
  • Related: $242,536
  • Other: $44,556


Official website here: www.nebraska.edu/doing-leading-research/technology-developers

Where can I find the form 990 for University Technology Development Corporation?

University Technology Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nebraska.edu/doing-leading-research/technology-developers

Mission Statement of University Technology Development Corporation

University Technology Development Corporation, often abbreviated as UTDC, is dedicated to fostering the development and application of the University of Nebraska's intellectual property. This mission is focused on facilitating collaborations between the university's faculty, staff, and students with industry partners. By doing so, UTDC aims to support the research mission of the University of Nebraska, with a primary focus on academic technology transfer. This organization's role is crucial in bridging the gap between cutting-edge research and practical industry applications, thereby contributing to the advancement of various technological fields.

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Impact




October, 2024

The University Technology Development Corporation (UTDC) plays a crucial role in translating academic research into practical applications that benefit both the university community and industry partners. By effectively managing and promoting the inventions and intellectual property generated by faculty, staff, and students at the University of Nebraska, UTDC fosters innovation and drives economic growth in the region.

Through its commitment to advancing academic technology transfer, UTDC facilitates collaboration with industry, paving the way for licensing research findings and establishing new venture agreements. This not only enhances the university's research mission but also creates opportunities for businesses to access cutting-edge technology and expertise. Overall, UTDC’s impact is reflected in its ability to bridge the gap between academia and industry, ensuring that valuable research leads to real-world solutions and contributes to the advancement of education and economic development in Lincoln, NE, and beyond.




This information is meant to be a general summary of University Technology Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$250,000 (2022)
Expenses
$177,560 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $250,000

Assets and Liabilities:

  • Total Assets: $180,994
  • Total Liabilities: $4,827
  • Net Assets: $176,167

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Organization Details

Founding Year

2002

Main Address

3835 Holdrege Street, Lincoln, NE, 685830742

NTEE Category

Code: B20 - Education

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