Overview
What is South Carolina Research Authority?
The South Carolina Research Authority is a nonprofit organization headquartered in Columbia, South Carolina, with a US address at 1000 Catawba Street, ZIP code 29201. Its primary mission is to stimulate South Carolina's innovation economy by fostering growth in research, academia, entrepreneurship, and industry. The organization provides support in the form of grants and expertise to researchers and entrepreneurs in technology-based ventures, contributing significantly to job creation and economic growth in the state. Approximately 83% of the South Carolina Research Authority's expenses for the fiscal year ending June 30, 2022, were dedicated to program services.
Official website here: www.scra.org
Is South Carolina Research Authority legitimate?
South Carolina Research Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina Research Authority 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: $2,117,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,507,175
For more financial information, click here
Official website here: www.scra.org
What is the mission statement of South Carolina Research Authority?
The South Carolina Research Authority fuels innovation in South Carolina's economy by accelerating technology-driven growth in research, academia, entrepreneurship, and industry. Their mission is to attract high technology industries by developing research facilities and providing support through grants and expertise to researchers and entrepreneurs in technology-based ventures. This fosters job creation and economic growth within the state. Approximately 83% of the South Carolina Research Authority's expenses during the fiscal year ending on June 30, 2022, were allocated to program services.
Official website here: www.scra.org
Who is the CEO of South Carolina Research Authority?
Bob Quinn is the Principal Officer of South Carolina Research Authority.
Official website here: www.scra.org
What is the revenue of South Carolina Research Authority?
South Carolina Research Authority's revenue in 2022 was $17,524,075.
Official website here: www.scra.org
Who are the executives of South Carolina Research Authority and what are their salaries?
The average compensation at South Carolina Research Authority during 2022 was $102,765. There are 45 employees and 24 volunteers at South Carolina Research Authority.
Here are 36 key members and their salaries:
- Robert Quinn (Executive Director)
- Cole Dudley (Director Sc Ventures)
- Steve Johnson (Sc Launch Investment Manager)
- William L Macilwinen (Sc Launch Investment Manager)
- John E Sircy (Director Of Finance & Admin)
- Sohail Malik (Director Sc Acad Innovations)
- Derek Willis (Sc Launch Investment Manager)
- Jim Doolittle (Director Epscor)
- Randall S Cutts (Director Sc Facilities)
- Matt Bell (Director Sc Launch)
- Catherine Hayes (Industry Manager,Manufacturing)
- Will Cruz (Sc Launch Regional Manager)
- Don Herriott (Chairman) [Trustee/Director]
- Gregory Atkins (Trustee)
- Bryant Barnes (Trustee)
- Dr L Fred Carter (Trustee)
- Dr James P Clements (Trustee)
- Dr David Cole (Trustee)
- Alexander Conyers (Trustee)
- Jill Davis (Trustee)
- Dr Linda Distlerath (Trustee)
- Peter G Dunphy (Trustee)
- Rep Jason Elliott (Trustee)
- Jo Watson Hackl (Trustee)
- Hon Robert Hayes Jr (Trustee)
- Heather Simmons Jones (Trustee)
- Lou Kennedy (Trustee)
- Sec Harry Lightsey Iii (Trustee)
- Dr Vahid Majidi (Trustee)
- Dr Kristen Manske (Trustee)
- Stella Mercado (Trustee)
- Dr Harris Pastides (Trustee)
- Dr Maurice Scherrens (Trustee)
- Senator Nikki Setzler (Trustee)
- Sue-Ann Shannon (Trustee)
- David M Smalls (Trustee)
Official website here: www.scra.org
Where can I find the form 990 for South Carolina Research Authority?
The South Carolina Research Authority’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.scra.org
Learn more at the official website: www.scra.org
Mission Statement of South Carolina Research Authority
The South Carolina Research Authority (SCRA) is a dynamic organization that fuels the innovation economy of South Carolina by accelerating technology-driven growth in research, academia, entrepreneurship, and industry. The mission of SCRA is to attract high technology industries to the state by developing research facilities and providing support to researchers and entrepreneurs in technology-based ventures.
SCRA plays a crucial role in fostering job creation and economic growth in South Carolina by offering grants and expertise to those embarking on technology-driven ventures. Approximately 83% of SCRA's expenses for the fiscal year ended June 30, 2022, were related to program services. By investing in research and entrepreneurship, SCRA drives innovation and spurs economic development in the state.
In essence, the South Carolina Research Authority acts as a catalyst, igniting the growth of high-technology industries and nurturing the next generation of innovators and entrepreneurs. It is a vital partner in South Carolina's quest to build a robust and diverse economy, one that is rooted in innovation and fueled by the power of technology.
Impact
This information is meant to be a general summary of South Carolina Research Authority. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The South Carolina Research Authority plays a crucial role in fueling South Carolina's innovation economy by accelerating technology-enabled growth in research, academia, entrepreneurship, and industry. Through its activities, it attracts high-technology industry by developing research facilities in South Carolina, providing support in the form of grants and expertise to researchers and entrepreneurs in technology-based ventures. This support ultimately fosters job creation and economic growth in the state of South Carolina. Approximately 83% of SCRA expenses for the year ended June 30, 2022, were related to program services, showcasing the organization's dedication to its mission and impact on the state's technology and innovation sector.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMERCIAL CONTRACTS
Revenue
$1,998,057
REGIME FEES
Revenue
$83,399
Organization Details
Founding Year
1983
Phone
(803) 733-9069
Principal Officer
Bob Quinn
Main Address
1000 catawba street, columbia, SC, 29201
Website
www.scra.org
NTEE Category
Code: U400 - Science research
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