Overview
What is Industry University Research Center Inc?
Industry University Research Center Inc, referred to as INDUNIV, is a nonprofit organization based in San Juan, Puerto Rico. Their primary mission is to stimulate research in pharmaceutical, chemical, and related industries by bridging the gap between academia, industry, and government in science and technology areas. They aim to promote research and industrial development, and allocate funds for infrastructure development, independent research projects, and workforce development. INDUNIV's objective is to position Puerto Rico as a global leader in new business opportunities in the biopharmaceutical, Medical Device, and Agbio sectors by fostering effective collaboration and knowledge-base capabilities.
Is Industry University Research Center Inc legitimate?
Industry University Research Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Industry University Research Center 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.
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What is the mission statement of Industry University Research Center Inc?
Industry University Research Center Inc's mission is centered around fostering collaboration between industry, academia, and government to enhance the development of knowledge and capabilities in the field of biosciences. The organization aims to stimulate research and innovation, positioning itself as a global hub for new business opportunities in sectors such as biopharmaceuticals, medical devices, and Agbio. Additionally, Industry University Research Center Inc works to establish bridges in science and technology areas, promoting research and industrial development. It also manages and monitors funds for infrastructure development, special research projects, and workforce development.
Who is the CEO of Industry University Research Center Inc?
Ivan Lugo is the Executive Director of Industry University Research Center Inc.
What is the revenue of Industry University Research Center Inc?
Industry University Research Center Inc's revenue in 2022 was $224,174.
Who are the executives of Industry University Research Center Inc and what are their salaries?
There 40 volunteers at Industry University Research Center Inc.
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Where can I find the form 990 for Industry University Research Center Inc?
Industry University Research Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Industry University Research Center Inc
Industry University Research Center Inc is dedicated to fostering collaborative efforts among industry, academia, and government. Their mission is to stimulate the growth of knowledge-based capabilities within these institutions and workforces, particularly in the fields of biosciences, biopharmaceuticals, medical devices, and Agbio. By promoting research and innovation, they aim to position Industry University Research Center Inc as a global leader for new business opportunities in these sectors.
In addition, the organization works to bridge the gap between academia, industry, and government in science and technology areas. They strive to encourage research and industrial development, and manage designated funds for infrastructure development, independent research projects, and workforce development. This comprehensive approach allows Industry University Research Center Inc to play a significant role in advancing the biosciences and related industries.
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Impact
October, 2024
Industry University Research Center Inc significantly impacts the landscape of biosciences in Puerto Rico by fostering collaboration among industry, academia, and government. This initiative is crucial in stimulating the development of knowledge-based capabilities and enhancing the workforce's expertise in the biopharmaceutical, medical device, and agricultural biotechnology sectors.
The organization plays a pivotal role in bridging gaps between different sectors, facilitating joint research projects, and driving innovation. By promoting applied research in pharmaceuticals and related industries, it helps incubate new ideas and technologies, positioning Puerto Rico as a leading location for new business opportunities.
Additionally, the center channels funding towards infrastructure development and special research initiatives, ensuring that the local facilities and workforce are equipped to meet the demands of a rapidly evolving industry. This holistic approach not only accelerates industrial development but also strengthens the research capabilities of local institutions, making the region a competitive player on a global scale. Through these efforts, Industry University Research Center Inc contributes to community improvement and economic growth, enhancing the overall quality of life in San Juan and beyond.
This information is meant to be a general summary of Industry University Research Center 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 2022.
- Investment Income: $90
- Program Service Revenue: $30,662
- Gross Receipts: $224,174
Assets and Liabilities:
- Total Assets: $45,736
- Total Liabilities: $10,000
- Net Assets: $35,736
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Organization Details
Founding Year
1992
Phone
(787) 671-3006Principal Officer
Ivan Lugo
Main Address
PO BOX 363074, SAN JUAN, PR, 009363074
NTEE Category
Code: S30 - Community improvement
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