University Lab Partners

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

EIN: 841790343 ✦ Irvine, CA ✦ Designated as a 501(c)(3)

Overview

What is University Lab Partners?

University Lab Partners is a nonprofit organization situated in Irvine, California. The primary objective of this organization is to stimulate the growth of the biomedical industry by offering an open innovation platform. This platform provides affordable lab and office space, crucial technological resources, and a network of strategic partnerships. By doing so, University Lab Partners aims to foster economic development and job creation in Orange County, California. The organization also incorporates workforce development and training opportunities to further support its mission. With a team of 17 dedicated individuals, University Lab Partners plays a significant role in propelling advancements in the biomedical sector.


Official website here: www.universitylabpartners.org

Is University Lab Partners legitimate?

University Lab Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Lab Partners 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: $325,431
Professional Fundraising Fees: $38,873
Other Salaries and Wages: $312,528

For more financial information, click here


Official website here: www.universitylabpartners.org

What is the mission statement of University Lab Partners?

University Lab Partners aims to stimulate economic growth and job creation by merging a cutting-edge life science co-working space with workforce development and training opportunities. This organization empowers the growth of the biomedical industry through an open innovation platform, offering affordable lab and office space, valuable technical resources, and a network of strategic partnerships. The ultimate goal is to foster a dynamic ecosystem that supports the development of innovative life science companies and prepares a skilled workforce to meet industry demands.


Official website here: www.universitylabpartners.org

Who is the CEO of University Lab Partners?

Kenneth L Beall is the Cfo/Treasurer of University Lab Partners. The CEO's salary of University Lab Partners is $0 and their total compensation is $0.


Official website here: www.universitylabpartners.org

What is the revenue of University Lab Partners?

University Lab Partners's revenue in 2022 was $4,846,235.


Official website here: www.universitylabpartners.org

Who are the executives of University Lab Partners and what are their salaries?

The average compensation at University Lab Partners during 2022 was $37,527. There are 17 employees and 5 volunteers at University Lab Partners.

Here are 7 key members and their salaries (University Lab Partners's CEO's salary is $0 and their total compensation is $0):

    Koch Karin L (Managing Director)
  • Compensation: $197,846
  • Related: $0
  • Other: $26,725

    • Mccarthy Linda A (Site Director)
  • Compensation: $118,654
  • Related: $0
  • Other: $19,182

    • Bohdan Gregory A (Cfo/Treasurer) [Trustee/Director]
  • Compensation: $100,860
  • Related: $0
  • Other: $0

    • Beall Kenneth L (Ceo/President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maune Hareem (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerace John (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rakestraw Michael (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.universitylabpartners.org

    Where can I find the form 990 for University Lab Partners?

    The University Lab Partners’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.universitylabpartners.org

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

    Mission Statement of University Lab Partners

    University Lab Partners, abbreviated as ULP, is dedicated to fostering economic growth and job creation in the field of life sciences in an unspecified location. They achieve this by integrating a cutting-edge co-working space for life science businesses with comprehensive workforce development and training opportunities. By providing a platform for open innovation, ULP offers affordable lab and office space, essential technical resources, and a network of strategic partnerships. This approach accelerates the growth of the biomedical industry, ultimately contributing to the overall development of the economy.

    Impact

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




    Saturday, July 20, 2024

    University Lab Partners plays a crucial role in driving economic development and job creation in Orange County, California. By offering a state-of-the-art life science co-working environment combined with workforce development and training opportunities, ULP accelerates the growth of the biomedical industry in the region. Through an open innovation platform, ULP provides affordable lab and office space, essential technical resources, and access to a network of strategic partnerships, thereby fostering innovation and collaboration within the life science sector. This impactful approach not only supports the expansion of the biomedical industry but also contributes to the overall economic prosperity of Orange County.





    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: $0
  • Program Service Revenue: $4,581,288
  • Gross Receipts: $4,846,235

    • Assets and Liabilities:
  • Total Assets: $8,713,268
  • Total Liabilities: $6,071,184
  • Net Assets: $2,642,084
  • Programs

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

    LAB REVENUE

    Revenue

    $3,304,297

    RADX PROGRAM REVENUE

    Revenue

    $1,131,171

    WORKFORCE DEVELOPMENT

    Revenue

    $145,820

    Organization Details

    Founding Year

    2019

    Principal Officer

    Kenneth L Beall

    Main Address

    5270 CALIFORNIA AVENUE SUITE 300, IRVINE, CA, 92617

    NTEE Category

    Code: E60 - Health

    If you are a representative of University Lab Partners 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.