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University Research Park Incorporated

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

EIN: 391509154 ✦ Madison, WI ✦ Designated as a 501(c)(3)

Overview

What is University Research Park Incorporated?

University Research Park Incorporated is a nonprofit organization based in Madison, Wisconsin, with an address at 505 S Rosa Rd Suite 201, ZIP code 53719. Their primary mission is to acquire, hold, administer, and distribute both real and personal property for the benefit of the University of Wisconsin-Madison. This organization plays a crucial role in providing resources and support to enhance the university's operations. By managing and distributing property, they contribute significantly to the success and growth of UW-Madison.


Official website here: www.universityresearchpark.org

Is University Research Park Incorporated legitimate?

University Research Park Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Research Park Incorporated 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: $952,285
Professional Fundraising Fees: $0
Other Salaries and Wages: $400,205

For more financial information, click here


Official website here: www.universityresearchpark.org

What is the mission statement of University Research Park Incorporated?

University Research Park Incorporated is an organization dedicated to acquiring, holding, administering, and distributing real and personal property for the advantage of the University of Wisconsin-Madison. In simple terms, it manages and rents out property to benefit the university. The organization's primary role is to facilitate the University's growth by handling its property affairs. Through this mission, University Research Park Incorporated contributes significantly to the University's ongoing projects and initiatives.


Official website here: www.universityresearchpark.org

Who is the CEO of University Research Park Incorporated?

Aaron Olver is the Assistant Secretary/Treasurer of University Research Park Incorporated.


Official website here: www.universityresearchpark.org

What is the revenue of University Research Park Incorporated?

University Research Park Incorporated's revenue in 2022 was $23,400,734.


Official website here: www.universityresearchpark.org

Who are the executives of University Research Park Incorporated and what are their salaries?

Here are 15 key members and their salaries:

    Aaron Olver (Assistant Secretary/Treasurer)
  • Compensation: $305,231
  • Related: $0
  • Other: $38,786

    • Paul Meunch (Associate Director)
  • Compensation: $216,895
  • Related: $0
  • Other: $51,987

    • Pamarella Hetland (Chief Financial Officer)
  • Compensation: $138,932
  • Related: $0
  • Other: $43,132

    • Matthew Mcconnell (Assistant Director)
  • Compensation: $117,512
  • Related: $0
  • Other: $39,808

    • Jennifer Mnookin (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas F Pyle (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Shain (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laurie Benson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Dickmann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rockne G Flowers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Gransee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Keebler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Lubar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Weatherly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Younkle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.universityresearchpark.org

    Where can I find the form 990 for University Research Park Incorporated?

    The University Research Park Incorporated’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.universityresearchpark.org

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

    Mission Statement of University Research Park Incorporated

    University Research Park Incorporated (URPI) is a mission-driven organization that plays a crucial role in supporting the University of Wisconsin (UW)-Madison. This nonprofit acquires, holds, administers, and distributes both real and personal property for the benefit of the esteemed educational institution.

    In simple terms, URPI functions as a property manager, overseeing the rental and management of real estate and personal assets to advance the goals and objectives of UW-Madison. By performing these essential tasks, URPI contributes significantly to the university's growth and success.

    The nonprofit organization's commitment to UW-Madison extends beyond the mere transactional aspects of property management. Through its dedicated work, URPI ensures that the university has access to the resources it needs to excel in its academic pursuits and research initiatives. In doing so, URPI helps strengthen the university's position as a leading institution of higher learning.

    Moreover, the organization's activities facilitate the efficient use and allocation of resources, allowing UW-Madison to focus on its core mission – delivering a world-class education and conducting groundbreaking research. By managing the details of property acquisition, administration, and distribution, URPI enables UW-Madison to devote its resources to the vital work of teaching, learning, and discovery.

    Impact

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




    Thursday, August 15, 2024

    University Research Park Incorporated's impact primarily lies in acquiring, holding, administering and distributing real and personal property for the benefit of the University of Wisconsin-Madison. Through its rental activity of real and personal property, the organization supports the university's mission and contributes to its growth and development. By serving as a resource for the university's various needs related to property, University Research Park Incorporated plays a vital role in facilitating the university's operations and enhancing its overall impact in the education sector. This, in turn, helps in fostering innovation, research, and academic excellence at the University of Wisconsin-Madison.





    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: $1,420,207
  • Program Service Revenue: $21,942,216
  • Gross Receipts: $28,618,474

    • Assets and Liabilities:
  • Total Assets: $189,811,725
  • Total Liabilities: $79,545,702
  • Net Assets: $110,266,023
  • Programs

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

    LEASE INCOME

    Revenue

    $21,942,216

    Organization Details

    Founding Year

    1984

    Principal Officer

    Aaron Olver

    Main Address

    505 S Rosa Rd Suite 201, Madison, WI, 53719

    NTEE Category

    Code: B110 - Education

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