NonprofitsIndiana University Research & Technology Corp

Education

Indiana University Research & Technology Corp

BLOOMINGTON, IN

Total revenue

Total expenses

$1.5M

Net assets

$16.8M

Grants received

$5.3M

8 grants

EIN

351990726

Tax year

2023

Mission

The indiana university research and technology corporation (iurtc) serves indiana university, the state of indiana, and the nation through creation and application of the university developed technologies and services, and the expanded linkage of the private sector to the university.

Programs

2 programs

Student engagement - the student engagement program is established to fully realize the benefits of university innovations through start-up company formation and support.

Expenses: $345K

Angel network - created in fiscal year 2019, the iurtc engages with high net worth individuals through this membership network and facilitates connections for startup companies with prospective investors. The angel network continues the iurtc and the university's mission of fostering a pervasive entrepreneurial culture that contributes to the prosperity of the state of indiana, the nation, and the world.

Expenses: $77K

Financials

FY 2023

Revenue

Contributions & grants$126K
Program service revenue$993K
Investment income
Other revenue$74K
Total revenue

Expenses

Grants paid
Salaries & benefits$946K
Fundraising
Other expenses$591K
Total expenses$1.5M
Total assets$17.3M
Net assets$16.8M

People

14 listed

NameRoleCompensation

CHARLES SCHALLIOL

MEMBER

Board

1 hrs/wk

GREGG SUMMERVILLE

MEMBER

Board

1 hrs/wk

BILL STEPHAN

BOARD CHAIR

Board

1 hrs/wk

THEODORE WIDLANSKI

MEMBER

Board

1 hrs/wk

ANTHONY ARMSTRONG

PRESIDENT AND CEO

Board

40 hrs/wk

RUSSEL MUMPER

MEMBER

Board

1 hrs/wk

KATHY FIELDS

MEMBER

Board

1 hrs/wk

JOYCE ROGERS

MEMBER

Board

1 hrs/wk

TINA PETERSON

MEMBER

Board

1 hrs/wk

RAVI BHATT

MEMBER

Board

1 hrs/wk

TING GOOTEE

MEMBER

Board

1 hrs/wk

JASON WHITNEY

CIO

Staff

$196K

40 hrs/wk

JONATHAN BARADA

VP OF ENGAGEMENT

Staff

$196K

40 hrs/wk

MICHAEL BURTON

CFO

Staff

$153K

40 hrs/wk

Independent contractors

496CODE LLC

SERVICES FOR A PROTOTYPING STUDIO TO WOR

$133K

Grants received

Showing 8 of 8

FromAmountPurposeYear
$309K
Extramural Research
2024
$103K
HIV CARE FORMULA GRANTS
2024
$1.7M
Extramural Research Grant
2023
$2.9M
Extramural Research Grant
2022
$270K
HIV CARE FORMULA GRANTS
2020
$59K
EXTRAMURAL RESEARCH GRANT
2020
$24K
Regional Partnership Grant
2020
$10K
IMPLEMENTATION OF MENTAL SKILLS
2017

Funded by

$5.3M from 4 funders · 8 grants · 2017–2024

American Cancer Society Inc

$4.9M · 4 grants · 2020–2024

Indiana Aids Fund Inc

$373K · 2 grants · 2020–2024

Elevate Ventures Inc

$24K · 1 grant · 2020

Details

EIN351990726
NTEE codeB99
Subsection03
Ruling date1997-01
Formed1996
Employees7
Volunteers0
INDIANA UNIVERSITY RESEARCH & TECHNOLOGY CORP — Mission, Financials & Grants Received | Grantivo