University Corporate Research Park I Inc

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

EIN: 386552713 ✦ East lansing, MI ✦ Designated as a 501(c)(2)

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Overview

What is University Corporate Research Park I Inc?

University Corporate Research Park I Inc is a nonprofit organization located at 325 E Grand River Ave 275, East Lansing, MI 48823. Its primary mission is to manage and oversee a research park and innovation center, supporting the Michigan State University Foundation. This endeavor aims to foster collaboration and innovation between academia, industry, and entrepreneurs, ultimately contributing to the advancement of research and technological development.


Official website here: www.msufoundation.org/locations/

Is University Corporate Research Park I Inc legitimate?

University Corporate Research Park I Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. University Corporate Research Park I 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: $0

For more financial information, click here


Official website here: www.msufoundation.org/locations/

What is the mission statement of University Corporate Research Park I Inc?

University Corporate Research Park I Inc's primary role is to manage a research park and innovation center, serving as a supporting entity for Michigan State University Foundation. Their mission, in essence, is to maintain ownership and perform related functions associated with this research park and innovation center, aiming to foster academic research and technological advancements. This organization plays a crucial role in facilitating collaborations between the university and the corporate sector, thereby promoting innovation and scientific progress.


Official website here: www.msufoundation.org/locations/

Who is the CEO of University Corporate Research Park I Inc?

David Washburn is the President of University Corporate Research Park I Inc.


Official website here: www.msufoundation.org/locations/

What is the revenue of University Corporate Research Park I Inc?

University Corporate Research Park I Inc's revenue in 2022 was -$187,483.


Official website here: www.msufoundation.org/locations/

Who are the executives of University Corporate Research Park I Inc and what are their salaries?

There 2 volunteers at University Corporate Research Park I Inc.


Here are 5 key members and their salaries:


David Washburn (President)
  • Compensation: $0
  • Related: $391,066
  • Other: $56,480
Randolph Cowen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Phillips (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebekah Skrzyniarz (Director Of Finance)
  • Compensation: $0
  • Related: $146,282
  • Other: $34,514
Jeff Smith (Director Of Ucrp)
  • Compensation: $124,504
  • Related: $0
  • Other: $33,223


Official website here: www.msufoundation.org/locations/

Where can I find the form 990 for University Corporate Research Park I Inc?

University Corporate Research Park I Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.msufoundation.org/locations/

Learn more at the official website: www.msufoundation.org/locations/

Mission Statement of University Corporate Research Park I Inc

University Corporate Research Park I Inc's mission is centered around holding title and performing related functions in connection with a research park and innovation center, all in support of Michigan State University Foundation. In simpler terms, this nonprofit organization is instrumental in managing and overseeing a research and innovation center, with the primary aim of aiding Michigan State University Foundation in its endeavors. This mission ultimately contributes to the advancement of research and innovation, potentially driving progress in various fields.

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Impact




October, 2024

University Corporate Research Park I Inc plays a pivotal role in fostering innovation and research collaboration in East Lansing, Michigan. By holding title and managing functions related to a research park and innovation center, it supports the Michigan State University Foundation. This impact is multifaceted, as it enhances the academic and technological ecosystem in the region, creating a conducive environment for startups, researchers, and businesses.

The presence of the research park promotes community improvement by attracting investment and talent, driving economic development, and facilitating partnerships between academia and industry. As a hub for innovation, it provides facilities and resources that enable groundbreaking research and the commercialization of new technologies, ultimately benefiting the local community and beyond.




This information is meant to be a general summary of University Corporate Research Park I 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
-$187,483 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $367
  • Program Service Revenue: $10,000
  • Gross Receipts: $2,598,088

Assets and Liabilities:

  • Total Assets: $10,176,312
  • Total Liabilities: $10,435,811
  • Net Assets: -$259,499

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Programs

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

MANAGEMENT FEE REVENUE

Revenue

$10,000

Organization Details

Founding Year

1989

Principal Officer

David Washburn

Main Address

325 E GRAND RIVER AVE 275, EAST LANSING, MI, 48823

NTEE Category

Code: S47 - Community improvement

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