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Marshall University Research Corporation

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

EIN: 550683361 ✦ Huntington, WV ✦ Designated as a 501(c)(3)

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Overview

What is Marshall University Research Corporation?

Marshall University Research Corporation is a vibrant nonprofit organization dedicated to charitable education and scientific research. Their primary goal is to actively grow and succeed in their research endeavors, tackling current challenges, enhancing community life, and fueling economic development. With a commitment to making a difference, Marshall University Research Corporation strives to be an essential engine for progress.


Official website here: www.marshall.edu/murc/

What are the reviews and ratings of this charity?

Charity Navigator rating: 92%, Four-Star out of Four Star rating.

Marshall University Research Corporation has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. This score reflects a robust emphasis on the organization’s fiscal practices, with a perfect score in various categories such as financial statements, liabilities to assets ratio, and program expense ratio.

The organization demonstrates a commitment to transparency and ethical governance, evidenced by its conflict of interest and whistleblower policies, which received full marks. However, a notable area for improvement is the lack of independent board members, scoring zero out of eight points in that category. This could raise concerns regarding governance and decision-making processes.

Overall, the Marshall University Research Corporation showcases strong financial health and responsible management. While the absence of independent board members is a limitation, its comprehensive policies and practices suggest a solid foundation for continued operational integrity and effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Marshall University Research Corporation legitimate?

Marshall University Research Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marshall 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: $241,747
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,871,207

For more financial information, click here


Official website here: www.marshall.edu/murc/

What is the mission statement of Marshall University Research Corporation?

Marshall University Research Corporation is dedicated to fostering an active and thriving research community. Their primary goal is to tackle current challenges, enhance the local community's quality of life, and serve as a catalyst for economic growth through scientific discoveries. The organization's commitment extends beyond the realm of academia, aiming to make a lasting impact on society. By engaging in charitable education and research, Marshall University Research Corporation aspires to contribute meaningful solutions to today's issues.


Official website here: www.marshall.edu/murc/

Who is the CEO of Marshall University Research Corporation?

Layton Cottrill Jr is the Secretary of Marshall University Research Corporation.


Official website here: www.marshall.edu/murc/

What is the revenue of Marshall University Research Corporation?

Marshall University Research Corporation's revenue in 2022 was $55,976,007.


Official website here: www.marshall.edu/murc/

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

The average compensation at Marshall University Research Corporation during 2022 was $29,802. There are 742 employees at Marshall University Research Corporation.


Here are 18 key members and their salaries:


Jerome Gilbert (Chair)
  • Compensation: $0
  • Related: $480,024
  • Other: $24,972
Joseph Shapiro (Board Member)
  • Compensation: $0
  • Related: $338,967
  • Other: $28,752
Avi Mukherjee (Vice Chair)
  • Compensation: $0
  • Related: $241,226
  • Other: $22,753
David Dampier (Board Member)
  • Compensation: $0
  • Related: $231,178
  • Other: $13,941
John Maher (Board Member)
  • Compensation: $0
  • Related: $212,318
  • Other: $12,375
Chuck Somerville (Board Member)
  • Compensation: $0
  • Related: $183,293
  • Other: $16,884
Layton Cottrill Jr (Secretary)
  • Compensation: $0
  • Related: $172,747
  • Other: $22,084
Robert Plymale (Associate Vp For Economic Dev)
  • Compensation: $170,784
  • Related: $0
  • Other: $20,718
Charlotte Weber (Board Member)
  • Compensation: $169,306
  • Related: $0
  • Other: $20,760
Brandi Jacob-Jones (Board Member)
  • Compensation: $0
  • Related: $163,918
  • Other: $21,635
Mark Robinson (Board Member)
  • Compensation: $0
  • Related: $167,367
  • Other: $17,858
Michael Castellani (Board Member)
  • Compensation: $0
  • Related: $111,151
  • Other: $12,556
Sara Payne (Assoc Vp For External Engagement)
  • Compensation: $107,919
  • Related: $0
  • Other: $6,449
Brad Smith (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Hammers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Plybon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas L Craig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hess (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marshall.edu/murc/

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

Marshall University Research Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.marshall.edu/murc/

Learn more at the official website: www.marshall.edu/murc/

Mission Statement of Marshall University Research Corporation

Marshall University Research Corporation, a dedicated charitable organization, is driven by a mission to foster an active, prosperous research community. By doing so, this corporation aims to tackle present-day challenges, thereby enhancing the local quality of life and serving as a catalyst for economic growth. Through its research endeavors, Marshall University Research Corporation aspires to contribute meaningful solutions to the issues we face today.

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Impact




October, 2024

Marshall University Research Corporation significantly impacts the community and region by fostering an active and successful research enterprise. It is dedicated to addressing contemporary challenges and enhancing the quality of life for residents. Through its charitable education and scientific research initiatives, the corporation develops innovative solutions that contribute to community improvement and bolster economic development in Huntington, West Virginia, and beyond. By prioritizing research that directly benefits local residents, the corporation serves as a catalyst for progress, driving initiatives that lead to stronger, more resilient communities.




This information is meant to be a general summary of Marshall 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
$55,976,007 (2022)
Expenses
$55,779,707 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $55,976,007

Assets and Liabilities:

  • Total Assets: $66,524,780
  • Total Liabilities: $21,788,574
  • Net Assets: $44,736,206

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Organization Details

Founding Year

1987

Principal Officer

Layton Cottrill Jr

Main Address

One John Marshall Drive, Huntington, WV, 25755

NTEE Category

Code: S30 - Community improvement

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