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Central Michigan University Research Corporation

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

EIN: 364500805 ✦ Mt pleasant, MI ✦ Designated as a 501(c)(3)

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Overview

What is Central Michigan University Research Corporation?

Central Michigan University Research Corporation is a nonprofit organization located in Mount Pleasant, Michigan. Its primary mission is to support and encourage research, scholarship, creative activities, and applied research and technology at Central Michigan University (CMU). To achieve this goal, the corporation provides market research and startup assistance to various companies. With a team of nine dedicated individuals, they aim to distribute funds and resources to foster innovation and academic growth at CMU.


Official website here: www.cmurc.com

Is Central Michigan University Research Corporation legitimate?

Central Michigan University Research Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Michigan University Research 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: $182,122
Professional Fundraising Fees: $0
Other Salaries and Wages: $312,529

For more financial information, click here


Official website here: www.cmurc.com

What is the mission statement of Central Michigan University Research Corporation?

The Central Michigan University Research Corporation's mission is centered around receiving, administering, and distributing funds to foster and motivate research, scholarship, creative activities, and applied research and technology at Central Michigan University. This organization's primary goal is to encourage and promote these activities within the university. In addition, they have assisted various companies by providing them with market research and startup support.


Official website here: www.cmurc.com

Who is the CEO of Central Michigan University Research Corporation?

Erin Strang is the Chair of Central Michigan University Research Corporation.


Official website here: www.cmurc.com

What is the revenue of Central Michigan University Research Corporation?

Central Michigan University Research Corporation's revenue in 2023 was $1,672,662.


Official website here: www.cmurc.com

Who are the executives of Central Michigan University Research Corporation and what are their salaries?

The average compensation at Central Michigan University Research Corporation during 2023 was $54,961. There are 9 employees and 15 volunteers at Central Michigan University Research Corporation.


Here are 16 key members and their salaries:


Robert O Davies (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Hill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toby Roth (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Anson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Messing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawna Patterson-Stephens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Veilleux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Coffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Gunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raquel Ledesma-Perez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne Powell Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Stoutenburg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felicia Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Strang (President/Ce)
  • Compensation: $143,163
  • Related: $0
  • Other: $21,142


Official website here: www.cmurc.com

Where can I find the form 990 for Central Michigan University Research Corporation?

Central Michigan University Research Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cmurc.com

Learn more at the official website: www.cmurc.com

Mission Statement of Central Michigan University Research Corporation

Central Michigan University Research Corporation, often abbreviated as CMURC, is an organization dedicated to fostering and encouraging research, scholarship, creative activities, and applied research and technology at Central Michigan University. Its primary mission is to receive, administer, and distribute funds in support of these endeavors. By doing so, CMURC aims to promote innovation and advancement within the academic community, ultimately contributing to the broader society.

In pursuit of this mission, CMURC provides assistance to various companies by offering them market research and startup support. This dual role of supporting both academic research and industrial development allows CMURC to play a significant role in bridging the gap between theoretical knowledge and practical applications, thereby fostering a culture of innovation and progress. By promoting research and scholarship, CMURC contributes to the enrichment of knowledge and the development of new technologies, ultimately benefiting society as a whole.

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Impact




October, 2024

Central Michigan University Research Corporation plays a vital role in advancing research, scholarship, and creative activities at Central Michigan University (CMU) and in the broader community. By administering and distributing funds, the organization supports various initiatives that enhance knowledge and technological innovation.

One significant impact of the corporation is its assistance to companies, providing them with essential market research and startup support. This collaboration not only fosters entrepreneurship but also stimulates local economic growth. By nurturing applied research and technology, the corporation contributes to the development of new ideas and solutions that address real-world challenges.

Through its commitment to promoting scientific inquiry and creative pursuits, the Central Michigan University Research Corporation strengthens the educational landscape and cultivates a culture of innovation, benefiting both the university and the surrounding communities in Mt. Pleasant, Michigan.




This information is meant to be a general summary of Central Michigan University Research 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
$1,672,662 (2023)
Expenses
$1,871,322 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,680
  • Program Service Revenue: $91,794
  • Gross Receipts: $1,672,662

Assets and Liabilities:

  • Total Assets: $12,713,736
  • Total Liabilities: $11,152,389
  • Net Assets: $1,561,347

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Programs

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

ACCELERATOR REVENUE

Revenue

$77,172

PROJECT REVENUE

Revenue

$14,622

Organization Details

Founding Year

2001

Principal Officer

Erin Strang

Main Address

CENTRAL MICHIGAN UNIVERSITY, MT PLEASANT, MI, 48858

NTEE Category

Code: B114 - Education

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