Overview
What is University Of Cincinnati Research Institute?
The University of Cincinnati Research Institute is a nonprofit organization situated in Cincinnati, Ohio. Its primary mission is to facilitate research and consulting agreements, offering state-of-the-art facilities and providing efficient business and legal opportunities for the advancement and development of intellectual property. This intellectual property, in turn, contributes to the needs of faculty and students and contributes to sustainable community economic development. With a small team of two dedicated individuals, the institute plays a crucial role in fostering innovation and growth within the University of Cincinnati and the broader community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The University Of Cincinnati Research Institute has received a score of 56%, which equates to a One-Star rating from Charity Navigator, indicating significant areas for improvement in accountability and financial transparency. The organization does have strengths, including a fully independent board and high program expense ratio, suggesting that a substantial portion of its resources is directed toward its programs and services.
Despite its positive aspects, the organization faces criticism related to transparency and governance. Key issues include a lack of financial statements publicly available, missing documentation for policies such as whistleblower protections, and the absence of its website link on tax forms. These limitations contribute to the lower overall rating and raise concerns about the organization’s accountability.
To enhance its rating and public trust, the University Of Cincinnati Research Institute may need to address these limitations by improving transparency and ensuring all critical documentation is readily accessible. Strengthening governance policies could also bolster confidence among stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Cincinnati Research Institute legitimate?
University Of Cincinnati Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Cincinnati Research Institute 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: $368,808
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,848
For more financial information, click here
What is the mission statement of University Of Cincinnati Research Institute?
The University of Cincinnati Research Institute's mission is centered around providing advanced research facilities, educational opportunities, and efficient business and legal platforms. Its primary goal is to foster the advancement and development of intellectual property, catering to the needs of faculty and students. This endeavor aims to contribute positively to the community's sustainable economic development. The institute facilitates research and consulting agreements, playing a pivotal role in driving innovation and knowledge expansion.
Who is the CEO of University Of Cincinnati Research Institute?
Patrick Limbach is the Chair of University Of Cincinnati Research Institute. The CEO's salary of University Of Cincinnati Research Institute is $264,538 and their total compensation is $264,538.
What is the revenue of University Of Cincinnati Research Institute?
University Of Cincinnati Research Institute's revenue in 2022 was $5,602,463.
Who are the executives of University Of Cincinnati Research Institute and what are their salaries?
The average compensation at University Of Cincinnati Research Institute during 2022 was $229,828. There are 2 employees and 5 volunteers at University Of Cincinnati Research Institute.
Here are 6 key members and their salaries (University Of Cincinnati Research Institute's CEO's salary is $264,538 and their total compensation is $264,538):
- Compensation: $0
- Related: $0
- Other: $0
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- Compensation: $264,538
- Related: $0
- Other: $0
Where can I find the form 990 for University Of Cincinnati Research Institute?
University Of Cincinnati Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Of Cincinnati Research Institute
The University of Cincinnati Research Institute is dedicated to offering cutting-edge research facilities, educational opportunities, and efficient business and legal platforms to foster the advancement and development of intellectual property. This initiative primarily aims to cater to the needs of faculty and students, ultimately contributing to sustainable community economic development. By facilitating research and consulting agreements, the institute plays a pivotal role in enhancing the development of innovative ideas and technologies, thereby benefiting the broader community.
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Impact
July, 2024
The University of Cincinnati Research Institute's impact lies in providing state-of-the-art research, educational facilities, and efficient business and legal opportunities for the advancement and development of intellectual property. By facilitating research and consulting agreements, the institute contributes to the needs of faculty and students while enhancing sustainable community economic development. This impact underscores the institute's commitment to fostering innovation and knowledge creation in the field of education.
This information is meant to be a general summary of University Of Cincinnati Research Institute. 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: -$1,679
- Program Service Revenue: $5,379,778
- Gross Receipts: $5,605,262
Assets and Liabilities:
- Total Assets: $6,226,418
- Total Liabilities: $5,559,554
- Net Assets: $666,864
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCIENTIFIC RESEARCH &
Revenue
$5,379,778
Organization Details
Founding Year
2010
Phone
(513) 558-5811Principal Officer
Patrick Limbach
Main Address
PO BOX 19614, CINCINNATI, OH, 45219
NTEE Category
Code: B19 - Education
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