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Montana State University Innovation Campus

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

EIN: 455507328 ✦ Bozeman, MT ✦ Designated as a 501(c)(3)

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Overview

What is Montana State University Innovation Campus?

Montana State University Innovation Campus is a dynamic initiative established to foster economic growth, research collaborations, and educational opportunities. Located in Bozeman, Montana, the campus is working on establishing a research park. Its first building, the Applied Research Lab, opened early 2020, leveraging the expertise of Montana State University faculty, students, and local industry. A second building, called Industry Bozeman, broke ground in June 2022, set to operate by early 2024. Aurora Innovation Inc., specializing in technology for self-driving cars, has also agreed to construct a 78,000 square foot facility on the campus. The MSU Innovation Campus is continually updating its master plan, focusing on lab, light manufacturing, and office spaces in partnership with key industry players. The ultimate goal is to promote economic development and strengthen collaborations between business and the research community of Montana State University, the region, and the state of Montana.


Official website here: www.msuinnovationcampus.com

Is Montana State University Innovation Campus legitimate?

Montana State University Innovation Campus is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana State University Innovation Campus 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: $79,199
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.msuinnovationcampus.com

What is the mission statement of Montana State University Innovation Campus?

Montana State University Innovation Campus is dedicated to fostering economic development and strengthening partnerships between the local business community and the research sector of Montana State University. Its primary objective is to promote these collaborations, benefiting not just the university but also the surrounding region and the state of Montana as a whole.

The campus is actively working on establishing a research park to encourage economic growth, research, and educational opportunities. In early 2020, its first building, the Applied Research Lab, was inaugurated, integrating Montana State University faculty and students with local industries in various research fields.

Subsequently, construction for a second building, Industry Bozeman, commenced in June 2022. This 87,000-square-foot facility is anticipated to operate by early 2024, focusing on supporting Montana State University research and advancing economic development.

Furthermore, an agreement was reached with Aurora Innovation Inc. to construct a 78,000-square-foot facility on the Innovation Campus. Aurora, specializing in technology for self-driving cars, plans to begin construction in the spring of 2023.

Montana State University Innovation Campus continues to update its master plan, collaborating with key industry partners to develop lab, light manufacturing, and office spaces, thereby expanding its efforts to promote economic growth and research.


Official website here: www.msuinnovationcampus.com

Who is the CEO of Montana State University Innovation Campus?

Richard Harte is the Chair of Montana State University Innovation Campus.


Official website here: www.msuinnovationcampus.com

What is the revenue of Montana State University Innovation Campus?

Montana State University Innovation Campus's revenue in 2022 was $459,071.


Official website here: www.msuinnovationcampus.com

Who are the executives of Montana State University Innovation Campus and what are their salaries?

There 15 volunteers at Montana State University Innovation Campus.


Here are 16 key members and their salaries:


Richard Harte (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Barrett (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Levandowski (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Carstensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Carter (Director Till 05/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Fichtler (Director Till 01/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brit Fontenot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Harjes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Harmon (Director As Of 05/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Leist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Morrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Osterman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Pulfrey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Reichert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Sharpe (Executive Director)
  • Compensation: $0
  • Related: $52,499
  • Other: $26,060


Official website here: www.msuinnovationcampus.com

Where can I find the form 990 for Montana State University Innovation Campus?

Montana State University Innovation Campus's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.msuinnovationcampus.com

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

Mission Statement of Montana State University Innovation Campus

Montana State University Innovation Campus is dedicated to fostering economic growth and encouraging partnerships between businesses and the research community of Montana State University, the surrounding region, and the state of Montana. The primary objective of this initiative is to promote economic development by bridging the gap between academic research and practical business applications.

To achieve this mission, Montana State University Innovation Campus is actively working on establishing a research park. This park will serve as a hub for research, education, and economic development opportunities. The first building, the Applied Research Lab, opened its doors in early 2020, combining the expertise of Montana State University faculty and students with local industry to engage in various research areas.

Furthering its mission, Montana State University Innovation Campus broke ground on a second building, Industry Bozeman, in June 2022. This 87,000 square foot development is anticipated to be operational by early 2024 and will support MSU research and economic development. Additionally, an agreement was reached with Aurora Innovation Inc to construct a 78,000 square foot facility on the southwestern edge of the 42-acre Innovation Campus. Aurora specializes in technology for self-driving cars and purchased a local LIDAR company founded by MSU graduates in 2019. Construction for this facility is expected to begin in the spring of 2023.

In summary, Montana State University Innovation Campus is committed to promoting economic development and strengthening partnerships between businesses and the research community. Through the establishment of a research park and collaborations with industry partners, the Innovation Campus aims to provide opportunities for research, education, and economic growth.

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Impact




October, 2024

Montana State University Innovation Campus significantly enhances economic development and fosters partnerships between businesses and the research community in Montana. The establishment of a research park catalyzes this effort, providing a platform that bridges the gap between academic research and industry applications.

The Applied Research Lab, which opened in early 2020, exemplifies this integration by combining the expertise of MSU faculty and students with the needs of Montana industries. This collaboration drives innovation in various research areas, creating opportunities for both educational advancement and economic growth.

Further progress is marked by the construction of Industry Bozeman, an 87,000-square-foot facility designed to support MSU research and economic development. Anticipated to be operational in 2024, this space will host multiple tenants and facilitate an environment conducive to innovation and collaboration.

Additionally, the partnership with Aurora Innovation Inc. to build a 78,000-square-foot facility underscores the campus's role in attracting cutting-edge technology firms, particularly those specializing in autonomous vehicle technology. This relationship not only leverages local talent, having purchased a lidar company founded by MSU graduates but also strengthens the region’s position in advanced technology sectors.

By continually updating its master plan and engaging with key industry partners, the MSU Innovation Campus is poised to advance Montana’s economic landscape further, supporting the growth of research, innovation, and workforce development in the region.




This information is meant to be a general summary of Montana State University Innovation Campus. 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
$459,071 (2022)
Expenses
$329,471 (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: $118,534
  • Gross Receipts: $459,071

Assets and Liabilities:

  • Total Assets: $18,411,116
  • Total Liabilities: $5,287,120
  • Net Assets: $13,123,996

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Programs

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

RENTAL INCOME

Revenue

$118,534

Organization Details

Founding Year

2012

Principal Officer

Richard Harte

Main Address

PO BOX 172755, BOZEMAN, MT, 597172755

NTEE Category

Code: X99 - Religion related

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