Nc State University Partnership Corporation

Organization Overview

Nc State University Partnership Corporation is located in Raleigh, NC. The organization was established in 1986. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NC State University Partnership Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, NC State University Partnership Corporation generated $8.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $6.8m during the year ending 06/2021. While expenses have increased by 9.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT AND BENEFIT NORTH CAROLINA STATE UNIVERSITY WITH THE AIM OF CREATING NEW KNOWLEDGE AND IMPROVING THE LIVES OF THE PEOPLE OF NORTH CAROLINA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOSTERED ECONOMIC DEVELOPMENT AND CREATION OF NEW KNOWLEDGE BY FACILITATING COMMERCIALIZATION OF TECHNOLOGIES DEVELOPED AT THE NONWOVENS INSTITUTE AT NC STATE UNIVERSITY.


WOLFPACK INVESTOR NETWORK, LLC (WIN, LLC) - FORMED TO CONNECT THE NC STATE ALUMNI NETWORK WITH THE NC STATE ENTREPRENEURIAL COMMUNITY TO CREATE AN ANGEL INVESTING PLATFORM.


TO ACQUIRE, DEVELOP, OWN, LEASE, MANAGE, UPFIT, SELL AND OTHERWISE EXERCISE ALL RIGHTS OF OWNERSHIP OF LAND AND FACILITIES LOCATED IN CLOSE PROXIMITY TO NORTH CAROLINA STATE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Charles Maimone
Treasurer
$0
Mladen Vouk
Secretary
$0
Mary Peloquin-Dodd
President
$0
Warwick A Arden
Vice President
$0
Tabitha Groelle
Assistant Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$7,514,157
Investment income $4,183
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $348,290
Net Gain/Loss on Asset Sales $16,633
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,028,550

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Nc State University Partnership Corporation has recieved totaling $6,100.

Awarding OrganizationAmount
Dress For Success Worldwide

New York, NY

PURPOSE: SUPPORT OF MEMBER ORGANIZATION

$6,000
The Duke Energy Foundation

Charlotte, NC

PURPOSE: EMPLOYEE MATCHING GIFTS

$100
View Grant Recipient Profile

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