Research Triangle Foundation Of Nc

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

EIN: 560853674 ✦ Research triangle park, NC ✦ Designated as a 501(c)(4)

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Overview

What is Research Triangle Foundation Of Nc?

Research Triangle Foundation of NC is a nonprofit organization located in Research Triangle Park, North Carolina. Its primary mission is to maintain and enhance the park's reputation as an innovative and dynamic environment, promoting and fostering research facilities across its 7,000-acre expanse. The foundation primarily engages in encouraging scientific laboratories and related facilities, aiming to foster collaboration between universities, academia, industry, and government. This endeavor is designed to establish and sustain research, scientific, and technology-based facilities within the Research Triangle and North Carolina, ultimately contributing to job creation and opportunities for local citizens. The organization currently employs around 40 individuals.


Official website here: www.rtp.org

Is Research Triangle Foundation Of Nc legitimate?

Research Triangle Foundation Of Nc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Research Triangle Foundation Of Nc 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: $1,585,159
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,537,661

For more financial information, click here


Official website here: www.rtp.org

What is the mission statement of Research Triangle Foundation Of Nc?

The Research Triangle Foundation of NC primarily encourages and facilitates the establishment and maintenance of research, scientific, and technology-based facilities. Their mission is to foster collaborations between universities, academia, industry, and government entities, with the aim of creating quality job opportunities and enhancing the reputation of a specific research area as an innovative and dynamic environment. The foundation is responsible for maintaining the infrastructure of this research area, thereby promoting and supporting research facilities within it.


Official website here: www.rtp.org

Who is the CEO of Research Triangle Foundation Of Nc?

Scott Levitan is the President & Ceo of Research Triangle Foundation Of Nc. The CEO's salary of Research Triangle Foundation Of Nc is $593,455 and their total compensation is $668,483.


Official website here: www.rtp.org

What is the revenue of Research Triangle Foundation Of Nc?

Research Triangle Foundation Of Nc's revenue in 2022 was $10,751,923.


Official website here: www.rtp.org

Who are the executives of Research Triangle Foundation Of Nc and what are their salaries?

The average compensation at Research Triangle Foundation Of Nc during 2022 was $103,070. There are 40 employees and 26 volunteers at Research Triangle Foundation Of Nc.


Here are 35 key members and their salaries (Research Triangle Foundation Of Nc's CEO's salary is $593,455 and their total compensation is $668,483):


Scott Levitan (President & Ceo)
  • Compensation: $593,455
  • Related: $0
  • Other: $75,028
Linda K Hall (Evp & Cfo)
  • Compensation: $442,078
  • Related: $0
  • Other: $58,554
Carolyn Coia (Vp Real Estate)
  • Compensation: $214,969
  • Related: $0
  • Other: $29,942
Jessica Wisniewski (Vp Finance & Administration)
  • Compensation: $181,181
  • Related: $0
  • Other: $42,298
Raymond Trapp (Vp Strategic Engagement)
  • Compensation: $190,886
  • Related: $0
  • Other: $30,528
Donald Dittmer (Gm Construction & Facilities)
  • Compensation: $137,130
  • Related: $0
  • Other: $30,264
Kevin Patterson (Director Of It)
  • Compensation: $115,895
  • Related: $0
  • Other: $26,234
Rosalind Dodd (Senior Property Manager)
  • Compensation: $115,773
  • Related: $0
  • Other: $19,820
David Wieand (Accounting Manager)
  • Compensation: $105,732
  • Related: $0
  • Other: $18,614
Jud Bowman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Mulkey (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Wilson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cecil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Guskiewicz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Brown-Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Francis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Gabel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy John (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Walter Mcdowell Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooks Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Tallman Trask Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Farad Ali (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Pearson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr William Woodson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Goodmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Johnson Akinleye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Vincent Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Hans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Nye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Ennis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Daugherty (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
David L Ward Jr (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ingram (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Smedes York (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rtp.org

Where can I find the form 990 for Research Triangle Foundation Of Nc?

Research Triangle Foundation Of Nc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rtp.org

Learn more at the official website: www.rtp.org

Mission Statement of Research Triangle Foundation Of Nc

Research Triangle Foundation of NC is primarily focused on fostering and encouraging the establishment and maintenance of research, scientific, and technology-based facilities. This nonprofit organization aims to promote university, academic, industry, and government collaborations, ultimately leading to the creation of quality jobs and opportunities for its citizens. To achieve this, Research Triangle Foundation of NC takes care of the upkeep of assets and infrastructure within the 7,000-acre Research Triangle Park. By doing so, it enhances the park's reputation as an innovative and dynamic environment, thereby encouraging the growth of research facilities within the park.

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Impact




October, 2024

The Research Triangle Foundation of North Carolina significantly impacts the region by fostering collaboration among universities, industry, and government, which enhances the Research Triangle Park's reputation as a hub for innovation. By promoting and encouraging research and scientific laboratories, the Foundation helps establish and maintain state-of-the-art facilities within the 7,000-acre park, contributing to the creation of quality jobs and opportunities for local citizens.

In maintaining the park’s infrastructure and assets, the Foundation ensures that the environment remains dynamic and conducive to groundbreaking research and technology advancement. This not only attracts top-tier talent and investment but also enriches the economic landscape of North Carolina. The Foundation's efforts lead to a strengthened community through improved access to cutting-edge research and educational opportunities, making the Research Triangle a vital area for economic growth and community improvement.




This information is meant to be a general summary of Research Triangle Foundation Of Nc. 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
$10,751,923 (2022)
Expenses
$18,434,190 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$288,766
  • Program Service Revenue: $10,901,555
  • Gross Receipts: $15,636,993

Assets and Liabilities:

  • Total Assets: $218,750,320
  • Total Liabilities: $107,015,023
  • Net Assets: $111,735,297

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Programs

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

LEASING PROGRAM

Revenue

$10,038,372

SHARED EXPENSE REIMBURSEMENT

Revenue

$816,006

CONFERENCE INCOME

Revenue

$47,177

Organization Details

Founding Year

1956

Principal Officer

Scott Levitan

Main Address

PO BOX 12255, RESEARCH TRIANGLE PARK, NC, 277092255

NTEE Category

Code: S30 - Community improvement

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