Overview
What is Campus Research Corporation?
Campus Research Corporation, established in 1994, is a nonprofit organization based in Tucson, Arizona, working closely with the Arizona Board of Regents to support the University of Arizona. The corporation manages and develops the Science and Technology Park, featuring high-tech office, research, and development spaces. It leases portions to private industry and governmental agencies, fostering collaboration between academia and industry. Spread across 1,267 acres, the park houses approximately 2 million square feet of developed space and a solar research facility. Future projects include a hotel, conference center, and residential and retail developments to accommodate the Tech Park's occupants. The organization's mission is to assist the Arizona Board of Regents in enhancing and furthering the educational and research mission of the University of Arizona.
What are the reviews and ratings of this charity?
Charity Navigator rating: 86% (Three-Star out of Four Stars)
Campus Research Corporation has achieved a three-star rating from Charity Navigator, reflecting a solid accountability and finance score of 86%. This rating indicates that the organization is performing well in its financial management and accountability practices, essential for building trust with donors and stakeholders.
The nonprofit demonstrates strengths in several areas, including a high program expense ratio of 91.42%, which suggests that a significant portion of its resources is directed toward its programs. It also scored well on oversight measures such as having an audit and oversight committee and policies for conflict of interest and whistleblower protections in place. The organization maintains a low liabilities to assets ratio, highlighting its financial stability.
However, there are notable limitations, particularly related to governance. The organization has no independent board members, which could raise concerns about objectivity in decision-making. Additionally, it has not posted its tax form on its website, which is a missed opportunity for transparency. Addressing these areas could further enhance its credibility and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Campus Research Corporation legitimate?
Campus Research Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Campus 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: $201,399
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,730,448
For more financial information, click here
What is the mission statement of Campus Research Corporation?
The Campus Research Corporation exists to support the Arizona Board of Regents in enhancing and furthering the educational and research mission of the University of Arizona. It was established in 1994 to help manage, lease, develop, improve, and operate a science and technology park. The corporation uses a portion of this park as an educational facility for students and faculty, while also leasing spaces to private industry and governmental agencies. This collaboration between industry and the university promotes education, research, and economic development in the region. The corporation is responsible for developing and integrating technological results from research into private corporate programs. The Campus Research Corporation's mission extends beyond the current developments, with plans for future projects including a hotel, conference center, retail, and residential developments to support the occupants of the tech park.
Who is the CEO of Campus Research Corporation?
Carol Stewart is the President of Campus Research Corporation.
What is the revenue of Campus Research Corporation?
Campus Research Corporation's revenue in 2022 was $14,706,755.
Who are the executives of Campus Research Corporation and what are their salaries?
The average compensation at Campus Research Corporation during 2022 was $77,274. There are 25 employees and 7 volunteers at Campus Research Corporation.
Here are 19 key members and their salaries:
- Compensation: $0
- Related: $411,603
- Other: $61,641
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- Related: $281,175
- Other: $47,137
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- Related: $256,503
- Other: $47,977
- Compensation: $0
- Related: $203,589
- Other: $44,672
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $185,095
- Related: $0
- Other: $17,392
- Compensation: $0
- Related: $328,616
- Other: $31,720
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $127,022
- Related: $0
- Other: $28,396
- Compensation: $100,432
- Related: $0
- Other: $27,246
- Compensation: $103,468
- Related: $0
- Other: $13,708
- Compensation: $114,477
- Related: $0
- Other: $20,017
Where can I find the form 990 for Campus Research Corporation?
Campus Research Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Campus Research Corporation
Campus Research Corporation, a vital organization, exists to aid the Arizona Board of Regents in expanding and enriching the educational and research mission of the University of Arizona. By operating solely for this purpose, the Corporation sets the stage for fruitful collaborations between the academic world and industry, fostering education, research, and economic development.
Founded in 1994, Campus Research Corporation assumed the role of marketing, leasing, developing, improving, and managing the University of Arizona Science and Technology Park in Arizona. The Corporation transformed a portion of the Park into an educational facility, where students and faculty could thrive. Simultaneously, it leased sections to private industries and governmental agencies. This innovative setup created a hub where the University and industry could engage in collaborative activities, promoting education, research, and regional development.
Campus Research Corporation's initiatives facilitate the translation of technological results from research into corporate programs. Encompassing approximately 1,267 acres, the Tech Park has already developed nearly 2 million square feet of space featuring advanced office, research, and development, and laboratory facilities on 296 acres. An additional 223 acres have been dedicated to a solar research facility. With ongoing improvements and proposed projects, such as a hotel, conference center, retail, and residential developments, the Tech Park continues to evolve, supporting the needs of its occupants.
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Impact
October, 2024
Campus Research Corporation significantly impacts the Tucson metropolitan area by facilitating the growth and development of the University of Arizona Science and Technology Park. Established in 1994, the corporation serves as a vital link between the university, private industry, and governmental agencies, fostering an environment that encourages collaboration in education, research, and economic development.
The Tech Park, spanning 1,267 acres, has become a hub for innovation, housing nearly 2 million square feet of high-tech office, research, and laboratory facilities. This space not only supports the educational needs of students and faculty but also provides opportunities for private industry to engage in research and development that benefits the community and beyond. By promoting the integration of academic research into corporate programs, Campus Research Corporation enables a seamless transition from theoretical knowledge to practical application, enhancing the overall technological landscape of the region.
Additionally, the corporation’s commitment to ongoing development projects, which may include a hotel, conference center, and retail and residential spaces, further enriches the local economy and enhances the livability of the area for those associated with the tech park. The presence of a solar research facility underscores the corporation's dedication to advancing sustainable technologies, promoting environmentally responsible practices within the region.
In this way, Campus Research Corporation plays a pivotal role in sustaining and promoting a vibrant ecosystem of education, research, and innovation, thus driving economic growth and improving the quality of life in Tucson and surrounding areas.
This information is meant to be a general summary of Campus 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,077
- Program Service Revenue: $14,438,237
- Gross Receipts: $14,706,755
Assets and Liabilities:
- Total Assets: $42,821,356
- Total Liabilities: $8,233,748
- Net Assets: $34,587,608
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$14,197,430
SERVICES
Revenue
$240,807
Organization Details
Founding Year
1994
Phone
(520) 382-2480Principal Officer
Carol Stewart
Main Address
9070 SOUTH RITA ROAD 1750, TUCSON, AZ, 857476112
NTEE Category
Code: B43P - Education
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