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University Of Rhode Island Research Foundation

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

EIN: 364644408 ✦ Kingston, RI ✦ Designated as a 501(c)(3)

Overview

What is University Of Rhode Island Research Foundation?

The University of Rhode Island Research Foundation is a nonprofit organization situated in Kingston, Rhode Island. Its primary mission is to facilitate the transformation of technologies developed at the University of Rhode Island into beneficial products and services. They achieve this by issuing intellectual property licenses to commercial entities. This initiative aims to support research at the university and stimulate the commercialization of technologies resulting from this research, ultimately contributing to the broader community. With a workforce of 25 individuals, the foundation plays a crucial role in fostering innovation and technological advancement.


Official website here: www.urirf.org

Is University Of Rhode Island Research Foundation legitimate?

University Of Rhode Island Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Rhode Island Research Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $312,444
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,864,378

For more financial information, click here


Official website here: www.urirf.org

What is the mission statement of University Of Rhode Island Research Foundation?

The University of Rhode Island Research Foundation's mission is centered around supporting research conducted at the University of Rhode Island. Their primary goal is to foster the commercialization of technologies that emerge from this research. They accomplish this by facilitating the transition of these URI technologies into useful products and services, often through intellectual property licenses provided to commercial entities. This process helps to bring innovative research findings to the market, potentially benefiting a wide range of industries and end-users.


Official website here: www.urirf.org

Who is the CEO of University Of Rhode Island Research Foundation?

Michael Katz is the Executive Director of University Of Rhode Island Research Foundation.


Official website here: www.urirf.org

What is the revenue of University Of Rhode Island Research Foundation?

University Of Rhode Island Research Foundation's revenue in 2022 was $8,710,508.


Official website here: www.urirf.org

Who are the executives of University Of Rhode Island Research Foundation and what are their salaries?

The average compensation at University Of Rhode Island Research Foundation during 2022 was $87,073. There are 25 employees at University Of Rhode Island Research Foundation.

Here are 20 key members and their salaries:

    Michael Katz (Executive Director)
  • Compensation: $9,000
  • Related: $184,764
  • Other: $37,945

    • Christian Cowan (Chief Operating Officer)
  • Compensation: $174,902
  • Related: $0
  • Other: $44,701

    • Katherine Mahoney (Mep Center Director)
  • Compensation: $132,862
  • Related: $0
  • Other: $39,561

    • Jackie Mazza (Senior Finance Director)
  • Compensation: $139,900
  • Related: $0
  • Other: $12,682

    • Peter Rumsey (Chief Business Development Officer)
  • Compensation: $119,316
  • Related: $0
  • Other: $31,154

    • Mary Springer (Director Of Finance And Admin.)
  • Compensation: $124,509
  • Related: $0
  • Other: $11,206

    • Erik Brine (Director For Defense Interactions)
  • Compensation: $101,042
  • Related: $0
  • Other: $9,673

    • Melissa Mccarthy (Board Secretary/Clerk)
  • Compensation: $86,117
  • Related: $0
  • Other: $0

    • Peter Jsnyder (Board Chair) [Trustee/Director]
  • Compensation: $26,415
  • Related: $0
  • Other: $0

    • Peter Kaczmarek (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas J Rockett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Standford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abigail Rider (Director, Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Brower (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Priya Hicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clare King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victor Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian S Dunckley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Parlange (Director, Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Fuller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.urirf.org

    Where can I find the form 990 for University Of Rhode Island Research Foundation?

    The University Of Rhode Island Research Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.urirf.org

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

    Mission Statement of University Of Rhode Island Research Foundation

    The University of Rhode Island Research Foundation's mission revolves around supporting research conducted at the University of Rhode Island and fostering the commercialization of technologies that emerge from this research. In essence, their role is to facilitate the transformation of University of Rhode Island technologies into useful products and services by granting intellectual property licenses to commercial entities. This process enables the development and distribution of innovative technologies, ultimately benefiting society as a whole.

    Impact

    This information is meant to be a general summary of University Of Rhode Island Research Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The University Of Rhode Island Research Foundation has a significant impact on fostering the commercialization of technologies arising from research conducted at the University of Rhode Island. By facilitating the transition of URI technologies into useful products and services through intellectual property licenses to commercial entities, the foundation plays a crucial role in bringing innovative solutions to the market. This support not only benefits the university and its researchers but also contributes to the economy by driving innovation and creating new business opportunities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,287
  • Program Service Revenue: $1,903,340
  • Gross Receipts: $8,710,508

    • Assets and Liabilities:
  • Total Assets: $6,078,660
  • Total Liabilities: $1,289,986
  • Net Assets: $4,788,674
  • Programs

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

    PROJECT REVENUE

    Revenue

    $540,635

    LICENSING INCOME

    Revenue

    $435,809

    RESEARCH AND DEV SERVICE

    Revenue

    $926,896

    Organization Details

    Founding Year

    2007

    Principal Officer

    Michael Katz

    Main Address

    75 LOWER COLLEGE RD, KINGSTON, RI, 02881

    NTEE Category

    Code: U99 - Science research

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