Program areas at Nexus Louisiana
Developing a Research Park for the city of baton rouge in order to attract various industries to Louisiana. Research Park Corporation worked with approximately 40 start-up companies in 2022 by providing the start-ups with all of the physical things needed to start a business, such as office space, furniture, phones, internet connectivity, and use of a shared conference room. Research Park Corporation also provides business counseling in the areas of accounting, finance, tax credits, marketing, and public relations. Research Park Corporation also educates the start-up companies and links them to resources in the community through in house educational workshops, advisory board programs, and its strategic partner network.
Grants made by Nexus Louisiana
| Grantee | Grant description | Grant year | Amount |
|---|
| Innovation Catalyst | To Cultivate the Ongoing Development of High Potential Companies Inlouisiana. Term of Grant Is March 16, 2021 To November 1, 2021. | 2021-12 | $199,748 |
Who funds Nexus Louisiana
Grants from foundations and other nonprofits
Personnel at Nexus Louisiana
| Name | Title | Compensation | Date of data |
|---|
| Calvin Mills | Interim Chief Executive Officer | $87,500 | 2023-11-15 |
| Genevieve Silverman | President and Chief Executive Officer of Nexusla / President and Chief Executive Officer / Chief Executive Officer / Executive Director / Director of Finance | $103,932 | 2022-12-31 |
| Frederick Stephen Loy | Executive Director | $174,064 | 2022-12-31 |
| Kasey Frioux | Director of Operations / Facilities Director | | 2022-07-29 |
| Todd Lowery | Director of Investment Readiness | | 2022-07-29 |
| ...and 6 more key personnel |
Financials for Nexus Louisiana
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $2,019,926 | $1,744,474 | 15.8% |
| Program services | $339,206 | $218,492 | 55.2% |
| Investment income and dividends | $16,581 | $214,035 | -92.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $179,207 | $523,773 | -65.8% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $23,338 | $7,397 | 215.5% |
| Total revenues | $2,578,258 | $2,708,171 | -4.8% |
Organizations like Nexus Louisiana
| Organization | Type | Location | Revenue |
|---|
| Brite Energy Innovators | 501(c)(3) | Warren, OH | $2,228,427 |
| Launch Alaska | 501(c)(3) | Anchorage, AK | $1,975,549 |
| Innovation Depot | 501(c)(3) | Birmingham, AL | $1,192,427 |
| Bioconnect Iowa | 501(c)(3) | Des Moines, IA | $1,803,790 |
| Berkshire Innovation Center | 501(c)(3) | Pittsfield, MA | $968,470 |
| New Orleans Bio Innovation Center | 501(c)(3) | New Orleans, LA | $2,652,468 |
| Long Island High Technology Incubator | 501(c)(3) | Stony Brook, NY | $2,672,338 |
| Arkansas Research Alliance (ARA) | 501(c)(3) | Conway, AR | $2,040,177 |
| Milwaukee Regional Innovation Center | 501(c)(3) | Wauwatosa, WI | $1,244,262 |
| Ncinnovation | 501(c)(3) | Raleigh, NC | $3,600,000 |
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 27, 2023
Updated personnel
Identified 4 new personnel
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Business and community development organizationsResearch centersCharities
Issues
Science and technologyCommunity improvementEconomic development
Characteristics
Conducts researchLobbyingState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
- Address
- 7117 Florida Blvd
- Baton Rouge, LA 70806
- Metro area
- Baton Rouge, LA
- County
- East Baton Rouge Parish, LA
- Website URL
- nexusla.org/Â
- Phone
- (225) 218-1100
IRS details
- EIN
- 58-2087281
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1992
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 5417: Scientific Research and Development Services
- Parent/child status
- Independent
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