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Norfolk State University Research And Innovation Foundation

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

EIN: 383649338 ✦ Norfolk, VA ✦ Designated as a 501(c)(3)

Overview

What is Norfolk State University Research And Innovation Foundation?

The Norfolk State University Research and Innovation Foundation, located at 700 Park Avenue BMH A-105, Norfolk, Virginia 23504, is a nonprofit organization with a mission to foster applied research and technological innovations. It aims to contribute positively to the economic strength of the Hampton Roads region and the Commonwealth of Virginia. Specifically, the foundation supports Norfolk State University students by providing relevant brands and services. Its activities are geared towards promoting advancements in research and technology, ultimately benefiting the local and state economy.


Official website here: www.nsurif.org

Is Norfolk State University Research And Innovation Foundation legitimate?

Norfolk State University Research And Innovation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norfolk State University Research And Innovation 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: $179,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $293,510

For more financial information, click here


Official website here: www.nsurif.org

What is the mission statement of Norfolk State University Research And Innovation Foundation?

The Norfolk State University Research and Innovation Foundation's mission is centered around promoting applied research and technological innovations. This initiative aims to contribute positively to the economic strength of the Hampton Roads region and the Commonwealth of Virginia. The foundation provides brands and services that facilitate such research and innovations, ultimately serving to enhance the overall economic growth.


Official website here: www.nsurif.org

Who is the CEO of Norfolk State University Research And Innovation Foundation?

Cornelius C Graves is the Board Member of Norfolk State University Research And Innovation Foundation.


Official website here: www.nsurif.org

What is the revenue of Norfolk State University Research And Innovation Foundation?

Norfolk State University Research And Innovation Foundation's revenue in 2023 was $6,046,806.


Official website here: www.nsurif.org

Who are the executives of Norfolk State University Research And Innovation Foundation and what are their salaries?

Here are 8 key members and their salaries:

    Hudnall R Croasdale (Board Member) [Trustee/Director]
  • Compensation: $179,470
  • Related: $0
  • Other: $0

    • Doyle A Temple (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juavaune Adams-Gaston (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bk Fulton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Jones (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney Jordan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Basil (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Gregorio (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nsurif.org

    Where can I find the form 990 for Norfolk State University Research And Innovation Foundation?

    The Norfolk State University Research And Innovation Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.nsurif.org

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

    Mission Statement of Norfolk State University Research And Innovation Foundation

    The Norfolk State University Research and Innovation Foundation is dedicated to fulfilling a crucial mission. This mission involves offering brands and services that foster applied research and technological innovations. These initiatives aim to contribute positively to the economic strength of the Hampton Roads region and the Commonwealth of Virginia as a whole. By promoting research and innovation, the foundation seeks to make a significant impact on its surrounding community. The foundation's activities focus on harnessing the power of applied research and technological advancements to enhance the region's economy.

    Impact

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




    Saturday, July 20, 2024

    Norfolk State University Research And Innovation Foundation's impact lies in providing brands and services that promote applied research and technological innovations, which contribute positively to the economic strength of the Hampton Roads region and the Commonwealth of Virginia. The foundation supports student housing for Norfolk State University students and focuses on community improvement. Through its mission to foster research and innovation, the foundation plays a significant role in driving economic development and enhancing opportunities for both students and the surrounding community.





    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 2023.

  • Investment Income: $100,547
  • Program Service Revenue: $0
  • Gross Receipts: $6,222,576

    • Assets and Liabilities:
  • Total Assets: $25,804,421
  • Total Liabilities: $24,632,566
  • Net Assets: $1,171,855
  • Organization Details

    Founding Year

    2001

    Principal Officer

    Cornelius C Graves

    Main Address

    700 PARK AVENUE BMH A-105 410, NORFOLK, VA, 23504

    NTEE Category

    Code: S43 - Community improvement

    If you are a representative of Norfolk State University Research And Innovation Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.