Overview
What is Umbc Research Park Corporation Inc?
Umbc Research Park Corporation Inc, based in Baltimore, Maryland, is a nonprofit organization dedicated to project management and program support. Their primary role involves overseeing incubator, technology commercialization, and entrepreneurial training activities related to UMBC's incubators and research park, contributing to its economic development mission. Specifically, they develop and manage the research and technology park for UMBC, aiming to facilitate research collaborations, technology transfer, and job creation. With a team of four employees, they play a significant role in supporting UMBC's innovation and growth.
Official website here: www.bwtech.umbc.edu
Is Umbc Research Park Corporation Inc legitimate?
Umbc Research Park Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Umbc Research Park Corporation 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: $123,540
Professional Fundraising Fees: $0
Other Salaries and Wages: -$18,167
For more financial information, click here
Official website here: www.bwtech.umbc.edu
What is the mission statement of Umbc Research Park Corporation Inc?
Umbc Research Park Corporation Inc's mission is centered around developing and managing a research and technology park for the University of Maryland, Baltimore County (UMBC). Their primary objective is to facilitate research collaborations and technology transfer, with a goal of creating job opportunities. The corporation provides project management and program support for incubator activities, technology commercialization, and entrepreneurial training. These efforts are aligned with UMBC's incubators and research park, as well as its broader mission related to economic development.
Official website here: www.bwtech.umbc.edu
Who is the CEO of Umbc Research Park Corporation Inc?
Aaron Miscenich is the Chairman Of The Board of Umbc Research Park Corporation Inc.
Official website here: www.bwtech.umbc.edu
What is the revenue of Umbc Research Park Corporation Inc?
Umbc Research Park Corporation Inc's revenue in 2023 was $2,097,184.
Official website here: www.bwtech.umbc.edu
Who are the executives of Umbc Research Park Corporation Inc and what are their salaries?
The average compensation at Umbc Research Park Corporation Inc during 2023 was $26,343. There are 4 employees at Umbc Research Park Corporation Inc.
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Official website here: www.bwtech.umbc.edu
Where can I find the form 990 for Umbc Research Park Corporation Inc?
Umbc Research Park Corporation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bwtech.umbc.edu
Learn more at the official website: www.bwtech.umbc.edu
Mission Statement of Umbc Research Park Corporation Inc
UMBC Research Park Corporation Inc is dedicated to the mission of developing and managing a research and technology park for UMBC. This mission is geared towards facilitating research collaborations, technology transfer, and creating job opportunities. The corporation provides project management and program support for incubator, technology commercialization, and entrepreneurial training activities related to UMBC's incubators and research park, as well as its economic development mission. In simpler terms, UMBC Research Park Corporation Inc plays a crucial role in fostering an environment that encourages research, innovation, and job creation. By supporting UMBC's incubators and research park, the corporation aims to transform groundbreaking ideas into viable products and businesses, ultimately contributing to the broader economic development of the community.
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Impact
October, 2024
The UMBC Research Park Corporation Inc significantly impacts the Baltimore area by fostering innovation and facilitating research collaborations. By developing and managing the research and technology park for the University of Maryland, Baltimore County (UMBC), it creates an environment conducive to technology transfer and commercialization. This contributes to the local economy by generating jobs and encouraging entrepreneurial activities.
The organization provides essential project management and program support for incubator activities, empowering startups and established businesses to thrive through technology commercialization and entrepreneurial training. This focus on innovation not only enhances the university's economic development mission but also enriches the surrounding community by promoting scientific research and technological advancements. Overall, the UMBC Research Park Corporation Inc plays a crucial role in bridging the gap between academia and industry, driving economic growth and technological progress in the region.
This information is meant to be a general summary of Umbc Research Park Corporation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$96,655
- Program Service Revenue: $437,872
- Gross Receipts: $14,057,086
Assets and Liabilities:
- Total Assets: $17,989,154
- Total Liabilities: $6,310,391
- Net Assets: $11,678,763
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT AND FEE INCOME
Revenue
$81,270
REIMBURSED INCOME
Revenue
$47,250
ADMIN. & REFERRAL FEES INCOME
Revenue
$27,223
Organization Details
Founding Year
1994
Phone
(410) 455-6778Principal Officer
Aaron Miscenich
Main Address
5520 RESEARCH PARK DRIVE 100, BALTIMORE, MD, 21228
Website
www.bwtech.umbc.eduNTEE Category
Code: U30 - Science research
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