Overview
What is Gateway Research Park Inc?
Gateway Research Park Inc, based in Greensboro, North Carolina, serves as a catalyst for advancing research, innovation, and economic development at North Carolina Agricultural & Technical State University and the University of North Carolina at Greensboro. The nonprofit organization's primary mission is to stimulate university research and foster economic and cultural growth within the community. With a team of 14 dedicated individuals, Gateway Research Park Inc plays a vital role in promoting collaborative research between universities and private entities, ultimately driving innovation and development in the region.
Official website here: www.gatewayresearchpark.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Gateway Research Park Inc. has achieved an impressive 96% score on Charity Navigator, indicative of its strong commitment to transparency and effective financial management. The organization boasts a perfect score on accountability and finance, showing that it adheres to high standards in governance and operational practices.
One of the notable strengths of Gateway Research Park Inc. is its fully independent board, comprising 20 members, which ensures that decisions are made without conflicts of interest. Additionally, the organization has demonstrated excellent oversight with its audit and oversight committee, and has implemented comprehensive policies regarding whistleblower protections and conflict of interest.
Despite the strong rating and organizational structure, there is limited information on the specific programs and impact of the organization. Nonetheless, the high program expense ratio suggests that a significant portion of its budget is allocated directly to its core missions, reflecting a dedication to achieving its goals effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Gateway Research Park Inc?
Gateway Research Park Inc has garnered positive sentiments from users, despite the limited number of reviews. One review highlights it as an "excellent business location" suitable for both start-ups and established businesses, noting impressive facilities and opportunities available.
The reviewer emphasizes the park as a "jewel" in Greensboro, NC, indicating strong satisfaction with its offerings. Overall, there is enthusiasm surrounding the nonprofit, suggesting that it delivers valuable services and creates a supportive environment for businesses in the area.
This AI summary has been generated from reviews found on Facebook.
Is Gateway Research Park Inc legitimate?
Gateway Research Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gateway Research Park 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $229,337
Professional Fundraising Fees: $0
Other Salaries and Wages: $855,529
For more financial information, click here
Official website here: www.gatewayresearchpark.com
What is the mission statement of Gateway Research Park Inc?
Gateway Research Park Inc serves as a catalyst, promoting the research and innovation efforts of North Carolina Agricultural & Technical State University and the University of North Carolina at Greensboro. Its mission is to enhance the research enterprise, stimulating economic and cultural development within the community. By facilitating collaborative research between universities and private entities, Gateway Research Park Inc aims to drive economic growth and progress.
Official website here: www.gatewayresearchpark.com
What is the revenue of Gateway Research Park Inc?
Gateway Research Park Inc's revenue in 2024 was $7,405,583.
Official website here: www.gatewayresearchpark.com
Who are the executives of Gateway Research Park Inc and what are their salaries?
The average compensation at Gateway Research Park Inc during 2024 was $98,624. There are 11 employees at Gateway Research Park Inc.
Here are 23 key members and their salaries:
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Official website here: www.gatewayresearchpark.com
Where can I find the form 990 for Gateway Research Park Inc?
Gateway Research Park Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.gatewayresearchpark.com
Learn more at the official website: www.gatewayresearchpark.com
Mission Statement of Gateway Research Park Inc
Gateway Research Park Inc serves as a catalyst for stimulating university research, innovation, and economic development. Its mission is geared towards enhancing the research enterprise for North Carolina Agricultural & Technical State University and the University of North Carolina at Greensboro. Furthermore, the organization aims to promote the community by fostering economic and cultural development. By doing so, Gateway Research Park Inc plays a significant role in driving advancements in research and innovation, ultimately contributing to the overall growth and improvement of the community.
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Impact
July, 2024
Gateway Research Park Inc serves as a catalyst for university research, innovation, and economic development in the city of Greensboro, North Carolina. By enhancing the research enterprise for North Carolina Agricultural & Technical State University and the University of North Carolina at Greensboro, the organization plays a pivotal role in driving forward technological advancements and academic discoveries. Additionally, Gateway Research Park Inc takes pride in promoting economic and cultural development within the community, further solidifying its impact as a key player in fostering growth and progress.
This information is meant to be a general summary of Gateway Research Park 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 2024.
- Investment Income: $796,787
- Program Service Revenue: $4,025,584
- Gross Receipts: $7,595,543
Assets and Liabilities:
- Total Assets: $75,933,688
- Total Liabilities: $25,083,547
- Net Assets: $50,850,141
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$2,604,926
RENTAL INCOME
Revenue
$1,420,658
Organization Details
Founding Year
2003
Principal Officer
Jim Westmoreland
Website
www.gatewayresearchpark.comNTEE Category
Code: B99 - Education
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