EIN 56-0853674

Research Triangle Park (RTP)

IRS 501(c) type
501(c)(4)
Num. employees
44
Year formed
1956
Most recent tax filings
2023-09-01
NTEE code, primary
Description
The Research Triangle Park (RTP) is a 7,000 acre development that is home to more than 200 companies employing over 42,000 full-time knowledge workers and an estimated 10,000 contract employees.
Also known as...
Research Triangle Foundation of NC; Research Triangle Foundation of North Carolina
Total revenues
$31,833,503
2023
Total expenses
$21,839,701
2023
Total assets
$214,113,009
2023
Num. employees
44
2023

Program areas at RTP

Provide for the upkeep of rtp assets and infrastructure to enhance the park's reputation as an innovative and dynamic environment and to promote and foster Research facilities in the 7,000 acre Research Triangle park.
Park center 100 acres redevelopment provides innovators to come together to be inspired, provide a place for leaders in technology, science, the arts and the humanities to collaborate and create jobs and a better future for all north carolinians. The development includes retail, residential and office amenities with a plethora of public parks and space that will be used by entrepreneurs and north carolinians.
Provide for the promotion of programs for the rtp community and Triangle region.

Grants made by RTP

GranteeGrant descriptionAmount
Durham Technical Community College FoundationProgram Support$25,000
Best NCProgram Support$10,000

Who funds Research Triangle Park (RTP)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Duke UniversityCommunity Support$15,000

Personnel at RTP

NameTitleCompensation
Scott LevitanPresident and Chief Executive Officer$630,447
Linda K HallExecutive Vice President and Chief Operating Officer$477,521
Jessica WisniewskiVice President Finance and Administration$198,128
Carolyn CoiaVice President Real Estate$230,807
Kevin PattersonDirector of It$105,277
...and 5 more key personnel

Financials for RTP

RevenuesFYE 09/2023
Total grants, contributions, etc.$0
Program services$11,096,980
Investment income and dividends$1,429,793
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$19,133,900
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$172,830
Total revenues$31,833,503

Form 990s for RTP

Fiscal year endingDate received by IRSFormPDF link
2023-092024-05-21990View PDF
2022-092023-08-08990View PDF
2021-092022-08-12990View PDF
2020-092021-06-30990View PDF
2019-092020-11-10990View PDF
...and 9 more Form 990s
Data update history
October 19, 2024
Updated personnel
Identified 6 new personnel
August 11, 2024
Updated personnel
Identified 3 new personnel
July 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 16, 2024
Used new vendors
Identified 2 new vendors, including , and
July 12, 2024
Received grants
Identified 1 new grant, including a grant for $15,000 from Duke University
Nonprofit Types
Business and community development organizationsResearch centers
Issues
Science and technologyHealthCommunity improvementPublic policyEconomic development
Characteristics
Conducts researchConservation easementState / local level
General information
Address
PO Box 12255
Research Triangle Park, NC 27709
Metro area
Durham-Chapel Hill, NC
County
Durham County, NC
Website URL
rtp.org/ 
Phone
(919) 549-8181
Facebook page
TheRTP 
Twitter profile
@thertp 
IRS details
EIN
56-0853674
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1956
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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