Overview
What is Research Park Corporation?
Research Park Corporation, also known as Nexus Louisiana, is a nonprofit organization situated in Baton Rouge, Louisiana. Their primary mission is to stimulate industrial growth in Baton Rouge and Louisiana as a whole. By providing start-ups with essential business amenities such as office space, furniture, phones, internet access, and a shared conference room, the corporation assists around 40 companies annually. Beyond physical support, they offer counseling in areas like accounting, finance, tax credits, marketing, and public relations. Research Park Corporation also educates start-ups and connects them to community resources through workshops, advisory boards, and a strategic partner network. Their ultimate goal is to nurture high-potential technology-driven companies by offering coaching, capital, and networking opportunities.
Official website here: www.nexusla.org
Is Research Park Corporation legitimate?
Research Park Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Research Park 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: $277,996
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nexusla.org
What is the mission statement of Research Park Corporation?
Research Park Corporation was established with the objective of attracting high-potential technology-driven companies to expand in Baton Rouge and Louisiana. Their mission is to accelerate the growth of these companies by offering them essential resources such as coaching, capital, and connections. The organization achieves this by providing start-ups with necessary physical resources like office space, furniture, phones, internet connectivity, and conference rooms. Additionally, Research Park Corporation offers business counseling in areas like accounting, finance, tax credits, marketing, and public relations. They also organize educational workshops, advisory board programs, and leverage their strategic partner network to link start-ups with community resources.
Official website here: www.nexusla.org
Who is the CEO of Research Park Corporation?
Calvin Mills is the Director of Research Park Corporation. The CEO's salary of Research Park Corporation is $87,500 and their total compensation is $87,500.
Official website here: www.nexusla.org
What is the revenue of Research Park Corporation?
Who are the executives of Research Park Corporation and what are their salaries?
The average compensation at Research Park Corporation during 2022 was $18,533. There are 15 employees and 113 volunteers at Research Park Corporation.
Here are 17 key members and their salaries (Research Park Corporation's CEO's salary is $87,500 and their total compensation is $87,500):
- Frederick Stephen Loy (Executive Director)
- Genevieve Silverman (President & Ceo)
- Calvin Mills Jr (Interim President & Ceo) [Trustee/Director]
- Dr Michael Stubblefield (Director)
- Anita Tillman (Chairman) [Trustee/Director]
- Isaac Thomas (Director)
- Stephanie Cargile (Director)
- Barbra Barnett (Treasurer) [Trustee/Director]
- Samuel Bentley (Director)
- Ross Reilly (Director)
- Anita Byrne (Vice Chair) [Trustee/Director]
- Trey Godfrey (Director)
- Sue Kozik (Director)
- Josh Fleig (Director)
- Terry Landry (Director)
- Tedra Cheatham (Director)
- Dr Robert Twilley (Director)
Official website here: www.nexusla.org
Where can I find the form 990 for Research Park Corporation?
The Research Park Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nexusla.org
Learn more at the official website: www.nexusla.org
Mission Statement of Research Park Corporation
Research Park Corporation, a notable organization, was established with the primary objective of drawing industries towards Baton Rouge and the state of Louisiana. Its mission is multi-faceted, aimed at fostering the growth of high-potential technology-driven companies. This is accomplished by offering them essential resources such as coaching, capital, and connections. By providing these services, Research Park Corporation seeks to accelerate the expansion of these companies, thereby contributing to the overall economic development of the region.
To achieve its mission, Research Park Corporation offers a comprehensive suite of support services to start-ups. This includes providing them with the physical necessities needed to establish a business, including office space, furniture, phones, internet connectivity, and access to a shared conference room. Moreover, the organization offers business counseling in various areas, including accounting, finance, tax credits, marketing, and public relations. This guidance is instrumental in helping start-ups navigate the complexities of setting up and running a business.
In addition to these tangible resources, Research Park Corporation also educates start-ups and connects them to local resources. This is done through in-house educational workshops, advisory board programs, and the organization's strategic partner network. By doing so, Research Park Corporation empowers these companies to grow and thrive, ultimately contributing to the broader economic growth of the region.
Impact
This information is meant to be a general summary of Research Park Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Research Park Corporation's impact is profound in Baton Rouge and the state of Louisiana. By developing a research park and working with around 40 startup companies in 2022, Research Park Corporation has played a key role in attracting industries to the region. Their provision of essential resources like office space, furniture, phones, internet connectivity, and business counseling in areas such as accounting, finance, and marketing has been instrumental in supporting the growth of high-potential technology-enabled companies. Additionally, through educational workshops, advisory board programs, and a strategic partner network, Research Park Corporation is effectively accelerating the growth of startups and linking them to valuable resources in the community. This dedication to fostering innovation and entrepreneurship is helping to drive economic development and create a vibrant business ecosystem in Baton Rouge and Louisiana.
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.
INCUBATOR FEES
Revenue
$271,822
OTHER INCOME
Revenue
$67,384
Organization Details
Founding Year
1992
Phone
(225) 218-1100
Principal Officer
Calvin Mills
Main Address
7117 FLORIDA BOULEVARD, BATON ROUGE, LA, 70806
Website
www.nexusla.org
NTEE Category
Code: S30Z - Community improvement
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