EIN 52-1884800

UMBC Research Park Corporation

Name: UMBC Research Park Corporation financials for 2024
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(3)

Num. employees

City

Baltimore

State

Maryland

Year formed

1994

Most recent tax filings

2024-06-01

NTEE code, primary

U30: Physical Sciences, Earth Sciences Research, Services

Description

UMBC Research Park Corporation develops and manages the Research and Technology Park for UMBC to facilitate research collaborations, tech transfer, and job creation. They provide project management and program support for incubator, technology commercialization, and entrepreneurial training activities related to UMBC's incubators and Research Park mission. The corporation also focuses on the development and subleasing of a 41-acre Research Park known as bwtech @ UMBC Research and Technology Park.

Total revenues

$4,129,864

2024

Total expenses

$1,986,228

2024

Total assets

$22,278,012

2024

Num. employees

2024

Program areas at UMBC Research Park Corporation

Provide project management and program support for incubator, technology commercialization, and entrepreneurial training activities related to Umbc's incubators and Research Park and economic development mission.

Development and subleasing of a 41-acre Research Park known as bwtech @ Umbc Research and technology Park.

Personnel at UMBC Research Park Corporation

Name	Title	Compensation	Date of data
Jerry Bechler	Multi Trades Chief Ii		2024-11-05
Aaron Miscenich	Executive Director	$123,540	2024-11-05
Beau Bown	Director of Communications and Marketing / Marketing Manager		2022-01-18
Marjorie Cota	Director of Entrepreneurial Services		2024-11-05
Walt Schultz	Director of Leasing and Facilities		2022-01-18
...and 9 more key personnel

Financials for UMBC Research Park Corporation

Revenues	FYE 06/2024	FYE 06/2023	% Change
Total grants, contributions, etc.	$268,219	$217,669	23.2%
Program services	$82,313	$437,872	-81.2%
Investment income and dividends	$402,728	$0	999%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$1,507,648	$1,538,298	-2%
Net gain from sale of non-inventory assets	$1,868,956	$-96,655	2033.6%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$4,129,864	$2,097,184	96.9%

Form 990s for UMBC Research Park Corporation

Fiscal year ending	Date received by IRS	Form	PDF link
2024-06	2024-10-02	990	View PDF
2023-06	2023-11-09	990	View PDF
2022-06	2022-10-05	990	View PDF
2021-06	2021-11-11	990	View PDF
2020-06	2021-03-31	990	View PDF
...and 10 more Form 990s

Organizations like UMBC Research Park Corporation

Organization	Type	Location	Revenue
Energetics Technology Center (ETC)	501(c)(3)	Indian Head, MD	$13,749,098
The Wright Brothers Institute	501(c)(3)	Dayton, OH	$17,901,001
NDSU Research Technology Park	501(c)(3)	Fargo, ND	$2,124,543
Aspen Center for Physics	501(c)(3)	Aspen, CO	$2,793,154
Prince William Sound Science & Technology Institute	501(c)(3)	Cordova, AK	$9,909,544
KU Center For TECHNOLOGY Commercialization	501(c)(3)	Kansas City, KS	$4,229,102
University of Akron Research Foundation (UARF)	501(c)(3)	Akron, OH	$3,671,028
University of Tennessee Research Foundation (UTRF)	501(c)(3)	Knoxville, TN	$10,170,434
New Space Nexus	501(c)(3)	Albuquerque, NM	$2,056,537
K-State Innovation Partners	501(c)(3)	Manhattan, KS	$8,764,418

Data update history

November 6, 2024

Updated personnel

Identified 1 new personnel

November 1, 2024

Used new vendors

Identified 1 new vendor, including

June 14, 2024

Updated personnel

Identified 3 new personnel

January 1, 2024

Posted financials

Added Form 990 for fiscal year 2023

January 1, 2024

Updated personnel

Identified 2 new personnel

Nonprofit Types

Research centersHeadquarter / parent organizationsCharities

Issues

Science and technologyEducationPublic policy

Characteristics

Conducts researchReceives government fundingTax deductible donationsAccepts online donations

General information

Address: 5520 Research Park Dr 100; Baltimore, MD 21228
Metro area: Baltimore-Columbia-Towson, MD
County: Baltimore County, MD
Website URL: bwtech.umbc.edu/
Phone: (410) 455-6778

IRS details

EIN: 52-1884800
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1994
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: U30: Physical Sciences, Earth Sciences Research, Services
NAICS code, primary: 5417: Scientific Research and Development Services
Parent/child status: Central organization

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UMBC Research Park Corporation

Program areas at UMBC Research Park Corporation

Personnel at UMBC Research Park Corporation

Financials for UMBC Research Park Corporation

Form 990s for UMBC Research Park Corporation

Organizations like UMBC Research Park Corporation

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