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Georgia Tech Research Corporation

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

EIN: 580603146 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Georgia Tech Research Corporation?

The Georgia Tech Research Corporation (GTRC) is a nonprofit organization that supports research and technological development at the Georgia Institute of Technology. Based in Atlanta, Georgia, GTRC manages over 2,000 research projects for governments and industries, handling payments, reimbursements, and grants. This benefits the Georgia Institute of Technology, which is a part of the University System in Georgia. GTRC promotes research through funding and stewardship, embodying the entrepreneurial spirit of Georgia Tech and focusing on the application of engineering, science, and technology to create new ideas and opportunities. Through technology transfer, GTRC facilitates collaborations between the research institution and public and private sectors to disseminate the benefits of discovery. In summary, the Georgia Tech Research Corporation plays a crucial role in advancing research and innovation at Georgia Tech, fostering economic development and global competitiveness.


Official website here: www.gtrc.gatech.edu

Is Georgia Tech Research Corporation legitimate?

Georgia Tech Research Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Tech Research Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gtrc.gatech.edu

What is the mission statement of Georgia Tech Research Corporation?

The Georgia Tech Research Corporation (GTRC) is a organization dedicated to advancing research and technological development at the Georgia Institute of Technology. It supports research activities through the management of research funds and financial backing. GTRC embodies Georgia Tech's entrepreneurial spirit, focusing on the application of engineering, science, and technology to create meaningful new ideas, methods, and opportunities. GTRC facilitates beneficial partnerships between the Institute and public and private sectors in research and technology, ensuring the wide dissemination of research benefits. The Georgia Institute of Technology's research is supported by over 2,000 individual projects funded by governments and industries through the Georgia Tech Research Corporation.


Official website here: www.gtrc.gatech.edu

Who is the CEO of Georgia Tech Research Corporation?

Robert Foy is the Principal Officer of Georgia Tech Research Corporation.


Official website here: www.gtrc.gatech.edu

What is the revenue of Georgia Tech Research Corporation?

Georgia Tech Research Corporation's revenue in 2022 was $394,284,432.


Official website here: www.gtrc.gatech.edu

Who are the executives of Georgia Tech Research Corporation and what are their salaries?

Here are 30 key members and their salaries:

    Steven Mclaughlin (Trustee)
  • Compensation: $0
  • Related: $548,304
  • Other: $54,767

    • Kelly Fox (Trustee)
  • Compensation: $0
  • Related: $448,793
  • Other: $130,828

    • Chaouki T Abdallah (President And Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $403,469
  • Other: $101,787

    • Mary Lozier (Secretary)
  • Compensation: $0
  • Related: $376,187
  • Other: $44,359

    • Raghupathy Sivakumar (Asst Sec & Asst Treasurer)
  • Compensation: $0
  • Related: $351,173
  • Other: $54,797

    • James Fortner (Asst Sec & Asst Treasurer)
  • Compensation: $0
  • Related: $274,346
  • Other: $97,642

    • Rebecca Caravati (Vp And General Manager)
  • Compensation: $0
  • Related: $265,170
  • Other: $81,692

    • Robert Butera (Vp Of Research)
  • Compensation: $0
  • Related: $234,110
  • Other: $51,006

    • Kevin Wozniak (Assistant Secretary)
  • Compensation: $0
  • Related: $185,875
  • Other: $46,261

    • Albert Concord (Facility Security Officer)
  • Compensation: $0
  • Related: $181,190
  • Other: $48,702

    • Cynthia Hope (Assistant Secretary)
  • Compensation: $0
  • Related: $196,055
  • Other: $28,142

    • Dana Simpson (Assistant Secretary)
  • Compensation: $0
  • Related: $155,035
  • Other: $65,348

    • Neil Vitro (Asst Sec & Asst Treasurer)
  • Compensation: $0
  • Related: $157,817
  • Other: $49,080

    • Sophia Herbert-Peterson (Director)
  • Compensation: $0
  • Related: $164,687
  • Other: $41,934

    • Kelly Winn (Director)
  • Compensation: $0
  • Related: $147,366
  • Other: $46,652

    • Mary Beran (Director)
  • Compensation: $0
  • Related: $145,811
  • Other: $47,337

    • Terry Bray (Director)
  • Compensation: $0
  • Related: $148,222
  • Other: $32,831

    • Bruce Henry (Asst Sec & Asst Treasurer)
  • Compensation: $0
  • Related: $110,919
  • Other: $61,693

    • Tanesha Steward (Assistant Secretary)
  • Compensation: $0
  • Related: $121,236
  • Other: $41,885

    • John Kington (Assistant Secretary)
  • Compensation: $0
  • Related: $120,291
  • Other: $36,034

    • Stephen Cross (Former President/Trustee)
  • Compensation: $0
  • Related: $146,652
  • Other: $0

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

    • Patricia K Falcone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Frank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Kenneth Massaroni (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Garrison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Kelly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Sibert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frederic Villeneuve (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gtrc.gatech.edu

    Where can I find the form 990 for Georgia Tech Research Corporation?

    The Georgia Tech Research Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gtrc.gatech.edu

    Learn more at the official website: www.gtrc.gatech.edu

    Mission Statement of Georgia Tech Research Corporation

    Georgia Tech Research Corporation (GTRC) is a vital organization that supports and advances research and technological development at the Georgia Institute of Technology. With a focus on innovation, technical assistance, and economic development, GTRC embodies the founding spirit of entrepreneurship at Georgia Tech. The corporation stewards funds for sponsored research and financially supports various research activities, ensuring the benefits of discovery are widely disseminated. GTRC's mission is threefold: it supports the Institute's groundbreaking research, provides technical assistance, and contributes to economic development.

    GTRC is a key player in the Georgia Tech research community, with over 2,000 individual projects for governments and industries. The organization facilitates payments, reimbursements, and grants for the Georgia Institute of Technology, all in the name of benefiting the esteemed institution. GTRC is exclusively organized and operated for the advantage of the Georgia Institute of Technology, a unit within the University System of Georgia. By fostering beneficial partnerships with public and private sectors, GTRC plays a pivotal role in the application of engineering, science, and technology to create meaningful new ideas, methods, and opportunities. GTRC's unwavering commitment to research and technology transfer maintains Georgia Tech's position at the forefront of innovation and discovery.

    Impact

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




    Thursday, August 15, 2024

    Georgia Tech Research Corporation's impact is significant in advancing research and technological development at Georgia Tech. By supporting over 2,000 individual projects for governments and industry, GTRC plays a crucial role in fostering innovation and entrepreneurship in engineering, science, and technology. Through technology transfer, GTRC facilitates beneficial partnerships with the public and private sectors, ensuring that the benefits of research discoveries are widely disseminated. This helps maintain the global competitiveness of Georgia and the nation while contributing to economic development and societal progress.





    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: $202,688
  • Program Service Revenue: $379,296,509
  • Gross Receipts: $395,391,762

    • Assets and Liabilities:
  • Total Assets: $330,106,469
  • Total Liabilities: $261,642,696
  • Net Assets: $68,463,773
  • Programs

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

    RESEARCH CONTRACTS

    Revenue

    $378,096,509

    GIT ONLINE LEARNING

    Revenue

    $1,200,000

    Organization Details

    Founding Year

    1937

    Principal Officer

    Robert Foy

    Main Address

    926 DALNEY STREET NW, ATLANTA, GA, 303320415

    NTEE Category

    Code: U00 - Science research

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