Association Of University Related Research Parks
- Assets
- $911.1k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Tucson, AZ
- Founding
- 12/1987
- Data as of
- 12/2021
- EIN
- 86-0550311
Organization Overview
Association Of University Related Research Parks is located in Tucson, AZ. The organization was established in 1987. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2021, Association Of University Related Research Parks employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of University Related Research Parks is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Association Of University Related Research Parks generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $786.9k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOSTERING INNOVATION, COMMERCIALIZATION AND ECONOMIC GROWTH IN A GLOBAL ECONOMY THROUGH UNIVERSITY, INDUSTRY AND GOVERNMENT PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE: THIS PROGRAM WAS HELD VIRTUALLY AND IS A GENERAL CONFERENCE. A GATHERING OF MEMBERS AND THOSE ASSOCIATED WITH RESEARCH PARKS. ATTENDANCE INCLUDES 200+ INDIVIDUALS PARTICIPATING IN GENERAL PLENARY, AND CONCURRENT SESSIONS. THERE ARE INACTIVE SPONSOR PORTALS IN THIS WEEKLONG (5 DAY) CONFERENCE. THIS PROGRAM NORMALLY ROTATES PRIMARILY THROUGH THE UNITED STATES AND IS HOSTED BY A RESEARCH PARK MEMBER SELECTED BY THE AURP BOARD OF DIRECTORS.
SPRING TRAINING: THOUGHT PROVOKING, KNOWLEDGE-BASED DISCUSSION IS ON TAP THROUGHOUT SIX SESSIONS AS EXECUTIVES LEARN NEW STRATEGIES AND TACTICS TO IMPROVE THEIR ORGANIZATION. ATTENDANCE INCLUDES APPROXIMATELY 75 PEOPLE.
INSIGHT INTO RESEARCH PARKS (I2RP):THIS PROGRAM IS DESIGNED FOR THOSE INTERESTED IN VIEWING THESE DISTINCTIVE PARKS, LEARNING THEIR UNIQUE STORY OF ONGOING DEVELOPMENT AND PROGRAMS IN ADDITION TO CHALLENGES AND OPPORTUNITIES. WHETHER YOU ARE NEW TO RESEARCH PARKS OR REPRESENTING YOUR OWN ESTABLISHED RESEARCH PARK AND COMMUNITY, EACH I2RP GATHERING WILL PROVIDE AN EXCLUSIVE LEARNING ENVIRONMENT AND KNOWLEDGE EXCHANGE. EACH 1 1/2 DAY PROGRAM WILL BE UNIQUE TO THEIR REGION, INVOLVING THEIR TEAM, UNIVERSITY AND COMMUNITY LEADERS TO LEARN HISTORY, BEST PRACTICES AND OVERALL ECOSYSTEM. NOT TO REPLACE THE COMMUNITIES OF INNOVATION 101 (RP101) PROGRAMMING HELD AT THE ANNUAL INTERNATIONAL CONFERENCE, I2RP SHOULD BE CONSIDERED A COMPANION PROGRAM, SHOWCASING EACH ONE-OF-A-KIND UNIVERSITY RESEARCH PARK. ATTENDANCE INCLUDES APPROXIMATELY 20-30 INDIVIDUALS.
VARIOUS OTHER PROGRAMS IN SUPPORT OF THE ASSOCIATION'S MISSION OF FOSTERING INNOVATION, COMMERCIALIZATION AND ECONOMIC GROWTH IN A GLOBAL ECONOMY THROUGH UNIVERSITY, INDUSTRY AND GOVERNMENTAL PARTNERSHIPS INCLUDING ADDITIONAL CONFERENCES, MEETINGS, DINNERS, PUBLIC POLICY WORK, RESEARCH PARK FORUM / NEWSLETTER AND SPECIAL PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Darmody CEO | Officer | 40 | $165,000 |
Victoria Palmer Director Of Operations | Officer | 40 | $109,607 |
Leah Burton Vice President | OfficerTrustee | 3.5 | $0 |
Ken Marcus Treasurer | OfficerTrustee | 3.5 | $0 |
Daniel Duncan President | OfficerTrustee | 3.5 | $0 |
Mason Ailstock Past President | Trustee | 3.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $217,894 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $294,014 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $511,908 |
| Total Program Service Revenue | $497,471 |
| Investment income | $68 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,009,447 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $274,607 |
| Compensation of current officers, directors, key employees. | $54,922 |
| Compensation to disqualified persons | $9,099 |
| Other salaries and wages | $61,393 |
| Pension plan accruals and contributions | $4,601 |
| Other employee benefits | $8,733 |
| Payroll taxes | $24,473 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,701 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,412 |
| Advertising and promotion | $8,475 |
| Office expenses | $0 |
| Information technology | $7,630 |
| Royalties | $0 |
| Occupancy | $9,264 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $293 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,299 |
| All other expenses | $43,907 |
| Total functional expenses | $786,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $666,550 |
| Savings and temporary cash investments | $214,178 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,113 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,308 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $911,149 |
| Accounts payable and accrued expenses | $4,237 |
| Grants payable | $0 |
| Deferred revenue | $252,410 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $256,647 |
| Net assets without donor restrictions | $654,502 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $911,149 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Association Of University Related Research Parks has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Economic Alliance Of Greater Baltimore Foundation Inc Baltimore, MD PURPOSE: BIO HEALTH CAUCUS- INVESTIGATORS | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Corporation Of Western Governers University Salt Lake City, UT | $2,449,192 | $11,961,161 |
California School Boards Association West Sacramento, CA | $20,596,502 | $19,484,567 |
Colorado Education Association Denver, CO | $13,528,201 | $13,711,164 |
Clark County Education Association Las Vegas, NV | $9,610,154 | $9,258,447 |
American Federation Of Teachers Lc 6361 San Francisco, CA | $2,978,110 | $8,081,042 |
State Higher Education Executive Boulder, CO | $7,000,257 | $6,368,436 |
National Academies Of Emergency Dispatch Salt Lake City, UT | $3,812,151 | $8,771,181 |
California Association For Bilingual Education Walnut, CA | $8,277,202 | $6,094,460 |
Nevada State Education Association Las Vegas, NV | $3,615,920 | $4,845,245 |
Associated General Contractors Of America Utah Chapter Salt Lake City, UT | $13,564,530 | $7,907,790 |
National Education Association Of New Mexico Inc Santa Fe, NM | $5,499,910 | $3,405,604 |
California Teachers Association Economic Benefits Trust Burlingame, CA | $165,814,137 | $17,454,519 |