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Ku Center For Technology Commercialization Inc

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

EIN: 262838693 ✦ Kansas city, KS ✦ Designated as a 501(c)(3)

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Overview

What is Ku Center For Technology Commercialization Inc?

Ku Center for Technology Commercialization Inc, situated in Kansas City, Kansas, serves as a catalyst for the University of Kansas Medical Center's research, educational, and service functions. Their mission is to maximize the impact of the university's intellectual property, benefiting both the institution and society. This nonprofit organization is dedicated to facilitating and supporting the research and technology transfer operations of the University of Kansas and its affiliated tax-exempt research corporations or other qualified tax-exempt organizations under Section 501(c)(3) of the IRS code. With a team of eight employees, they strive to bridge the gap between groundbreaking research and practical applications, ultimately contributing to societal advancements.


Official website here: www.kuic.ku.edu/

Is Ku Center For Technology Commercialization Inc legitimate?

Ku Center For Technology Commercialization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ku Center For Technology Commercialization Inc 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: $548,498

For more financial information, click here


Official website here: www.kuic.ku.edu/

What is the mission statement of Ku Center For Technology Commercialization Inc?

The Ku Center for Technology Commercialization Inc's mission is centered around maximizing the impact of the University of Kansas' intellectual property for the benefit of the university and society. To accomplish this, the center facilitates and supports the research and technology transfer operations of the University of Kansas and its affiliated tax-exempt research corporations or other qualified organizations under Section 501(c)(3) of the IRS Code. The objective is to promote and aid in the fulfillment of the scientific research, educational, and service functions of the University of Kansas Medical Center.


Official website here: www.kuic.ku.edu/

Who is the CEO of Ku Center For Technology Commercialization Inc?

Lisa Hoebelheinrich is the Director of Ku Center For Technology Commercialization Inc.


Official website here: www.kuic.ku.edu/

What is the revenue of Ku Center For Technology Commercialization Inc?

Ku Center For Technology Commercialization Inc's revenue in 2022 was $4,681,342.


Official website here: www.kuic.ku.edu/

Who are the executives of Ku Center For Technology Commercialization Inc and what are their salaries?

The average compensation at Ku Center For Technology Commercialization Inc during 2022 was $68,562. There are 8 employees at Ku Center For Technology Commercialization Inc.


Here are 12 key members and their salaries:


Robert Simari (Director)
  • Compensation: $0
  • Related: $642,884
  • Other: $42,384
Barbara Bichelmeyer (Director)
  • Compensation: $0
  • Related: $420,656
  • Other: $45,813
Matthias Salathe (Director)
  • Compensation: $0
  • Related: $394,530
  • Other: $36,548
David Vranicar (Director)
  • Compensation: $0
  • Related: $376,553
  • Other: $46,006
Simon Atkinson (Director/Officer)
  • Compensation: $0
  • Related: $330,930
  • Other: $43,115
Lisa Hoebelheinrich (Director)
  • Compensation: $0
  • Related: $272,843
  • Other: $40,605
Belinda Sturm (Director)
  • Compensation: $0
  • Related: $158,850
  • Other: $42,904
Paul Toler (Treasurer)
  • Compensation: $0
  • Related: $155,793
  • Other: $36,235
Rajiv Kulkarni (Dir.-Tech Commercialization)
  • Compensation: $141,929
  • Related: $0
  • Other: $18,736
Matthew Koenig (Dir.-Intellectual Prop. Mgmt)
  • Compensation: $128,128
  • Related: $0
  • Other: $17,791
Aswini Betha (Interim Director)
  • Compensation: $102,107
  • Related: $0
  • Other: $28,785
Bridget Stull (Secretary)
  • Compensation: $65,989
  • Related: $0
  • Other: $29,735


Official website here: www.kuic.ku.edu/

Where can I find the form 990 for Ku Center For Technology Commercialization Inc?

Ku Center For Technology Commercialization Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kuic.ku.edu/

Learn more at the official website: www.kuic.ku.edu/

Mission Statement of Ku Center For Technology Commercialization Inc

Ku Center for Technology Commercialization Inc, in essence, is dedicated to maximizing the impact of the University of Kansas' intellectual property for the benefit of both the university and society at large. The organization facilitates and supports the research and technology transfer operations of the University of Kansas and its affiliated tax-exempt research corporations or other tax-exempt organizations qualified under Section 501(c)(3) of the IRS Code. In doing so, Ku Center for Technology Commercialization Inc aids in promoting and furthering the scientific research, educational, and service functions of the University of Kansas Medical Center.

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Impact




October, 2024

Ku Center For Technology Commercialization Inc (KUCTC) plays a crucial role in maximizing the impact of university intellectual property, directly benefiting both the University of Kansas and society at large. By facilitating research and technology transfer operations, KUCTC enhances the university's scientific research, educational initiatives, and service functions.

Through its efforts, KUCTC supports the commercialization of innovative ideas and technologies developed at the University of Kansas Medical Center. This not only fosters an environment of creativity and discovery but also translates academic research into tangible solutions that address real-world challenges. By bridging the gap between academia and industry, KUCTC promotes collaboration that can lead to advancements in healthcare, technology, and education.

The center's commitment to supporting the university's mission ultimately enriches the local and broader community, contributing to economic growth and improved quality of life through enhanced access to cutting-edge technology and research outcomes.




This information is meant to be a general summary of Ku Center For Technology Commercialization Inc. 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
$4,681,342 (2022)
Expenses
$3,271,808 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,549,936
  • Gross Receipts: $4,681,342

Assets and Liabilities:

  • Total Assets: $1,446,684
  • Total Liabilities: $227,961
  • Net Assets: $1,218,723

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Technology Revenue

Revenue

$2,549,936

Organization Details

Founding Year

2008

Principal Officer

Lisa Hoebelheinrich

Main Address

3901 RAINBOW BLVD MAILSTOP 1039, KANSAS CITY, KS, 66160

NTEE Category

Code: B05 - Education

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