Overview
What is Arizona State University Research Park Inc?
Arizona State University Research Park Inc is a nonprofit organization based in Scottsdale, Arizona, with a US address at 6720 N Scottsdale Road 250. They currently have 28 ground leases in effect, housing tenants primarily focused on education, research, and diverse business ventures. The park, which is 96% leased, features 26 completed buildings, with 5 acres remaining available for lease. The organization's mission involves acquiring real property interests and developing it into a research park, while promoting and supporting research activities in collaboration with Arizona State University. The generated revenues from the research park contribute significantly to the university's various activities, particularly research.
Official website here: www.asuresearchpark.com
Is Arizona State University Research Park Inc legitimate?
Arizona State University Research Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arizona State University Research Park Inc 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.asuresearchpark.com
What is the mission statement of Arizona State University Research Park Inc?
Arizona State University Research Park Inc is dedicated to acquiring interests in real property and promoting research activities. In accordance with Arizona State University, the organization develops and manages a research park, providing a hub for tenants focused on education, research, and various business endeavors. The park, which currently has 28 ground leases and 26 completed buildings, is 96% leased, leaving 5 acres available for future tenants. The revenues generated from the park support Arizona State University's diverse activities, primarily research.
Official website here: www.asuresearchpark.com
Who is the CEO of Arizona State University Research Park Inc?
Dr Morgan Olsen is the President/Director of Arizona State University Research Park Inc.
Official website here: www.asuresearchpark.com
What is the revenue of Arizona State University Research Park Inc?
Arizona State University Research Park Inc's revenue in 2023 was $14,247,808.
Official website here: www.asuresearchpark.com
Who are the executives of Arizona State University Research Park Inc and what are their salaries?
- Dr Morgan Olsen (President/Director)
- Dr Kyle Squires (Director)
- Lisa Loo (Director)
- Joanne Wamsley (Secretary/Treasurer (Thru 08/22))
- Anjali Halabe (Secretary/Treasurer (Joined 01/23))
- Ann Mccartney (Director)
- Roc Arnett (Director)
- Drena Kusari (Director)
- Denny Barney (Director)
- John Lewis (Director)
Official website here: www.asuresearchpark.com
Where can I find the form 990 for Arizona State University Research Park Inc?
The Arizona State University Research Park Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.asuresearchpark.com
Learn more at the official website: www.asuresearchpark.com
Mission Statement of Arizona State University Research Park Inc
Arizona State University Research Park Inc is a dynamic organization committed to acquiring interests in real property and supporting research activities. In alignment with Arizona State University, the Research Park develops property into a thriving research hub, promoting and fostering academic and research pursuits.
The Research Park stands tall with 28 ground leases in effect, resulting in 26 completed buildings. Tenants of the Park are primarily focused on education, research, and various other business endeavors. The Park currently boasts a high occupancy rate, with only 5 acres remaining available for lease. These revenues generated from the Research Park are pivotal, as they contribute significantly to Arizona State University's diverse range of activities, including research initiatives.
Arizona State University Research Park Inc serves as a vital catalyst for growth and innovation, providing the ideal environment for researchers and academics to thrive. By focusing on acquiring real property and transforming it into a thriving research park, the organization plays a crucial role in supporting research activities in partnership with Arizona State University. This collaboration not only fosters the exchange of knowledge and ideas but also strengthens the institution's reputation as a leading hub for academic and research excellence.
Impact
This information is meant to be a general summary of Arizona State University Research Park Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Arizona State University Research Park Inc's impact lies in its role as a hub for education, research, and various business endeavors. The park, with its 28 ground leases and 26 completed buildings, provides space for tenants involved in research and educational activities. By being 96% leased and generating revenues, the Research Park contributes to supporting Arizona State University's research initiatives and other institutional activities. Additionally, through its mission to acquire interests in real property and promote research activities, the Research Park plays a key role in advancing knowledge and innovation in coordination with ASU.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NONRESIDENTIAL RENT
Revenue
$14,117,729
INFRASTRUCTURE REVENUE
Revenue
$63,225
OTHER PROGRAM REVENUE
Revenue
$18,605
Organization Details
Founding Year
1984
Phone
(480) 905-0770
Principal Officer
Dr Morgan Olsen
Main Address
6720 N SCOTTSDALE ROAD 250, SCOTTSDALE, AZ, 85253
Website
www.asuresearchpark.com
NTEE Category
Code: B43I - Education
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