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Employer Identification Number 34-1972453

UNIVERSITY OF AKRON RESEARCH FOUNDATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:UNIVERSITY OF AKRON RESEARCH FOUNDATION
Employer identification number (EIN):34-1972453
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:611000
401k Pension/Benefits registration UNIVERSITY OF AKRON RESEARCH FOUNDATION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationOhio, OH

Organization Overview

Mission StatementTo benefit the University of Akron with respect to management of its intellectual property and administration of certain research activities. To promote commercialization and economic development.
Number of Employees12
Number of Volunteers9
Year Formed2001

Organization Governance

Legal DomicileOH
Voting Members - Governing Body11
Voting Members - Independent6

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,115,476
Program Service Revenue from current yearUSD $ 1,951,886
Investment Income from prior yearUSD $ 340,641
Investment Income from current yearUSD $ 264,383
Other Revenue from prior yearUSD $ 1,255,307
Other Revenue from current yearUSD $ 1,454,759
Gross receipts from all sourcesUSD $ 3,671,028
Net assets / fund balances at end of fiscal yearUSD $ 7,668,545
Net assets / fund balances at beginning of fiscal yearUSD $ 7,567,163
Total liabilities at end of fiscal yearUSD $ 4,484,464
Total liabilities at beginning of fiscal yearUSD $ 4,976,267
Total assets at end of fiscal yearUSD $ 12,153,009
Total assets at beginning of fiscal yearUSD $ 12,543,430
Revenues less expenses for current yearUSD $ -477,688
Revenues less expenses for previous yearUSD $ 121,777
Total expenses for current yearUSD $ 4,148,716
Total expenses for previous yearUSD $ 3,589,647
Other expenses in current yearUSD $ 3,549,636
Other expenses in previous yearUSD $ 3,113,801
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 599,080
Employee salary and benefits paid in previous yearUSD $ 475,846
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,671,028
Total revenue in previous fiscal yearUSD $ 3,711,424
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 1,454,759
2022-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,203,577
Program Service Revenue from current yearUSD $ 2,115,476
Investment Income from prior yearUSD $ 314,509
Investment Income from current yearUSD $ 340,641
Other Revenue from prior yearUSD $ 570,352
Other Revenue from current yearUSD $ 1,255,307
Gross receipts from all sourcesUSD $ 3,711,424
Net assets / fund balances at end of fiscal yearUSD $ 7,567,163
Net assets / fund balances at beginning of fiscal yearUSD $ 8,676,407
Total liabilities at end of fiscal yearUSD $ 4,976,267
Total liabilities at beginning of fiscal yearUSD $ 4,656,972
Total assets at end of fiscal yearUSD $ 12,543,430
Total assets at beginning of fiscal yearUSD $ 13,333,379
Revenues less expenses for current yearUSD $ 121,777
Revenues less expenses for previous yearUSD $ -389,110
Total expenses for current yearUSD $ 3,589,647
Total expenses for previous yearUSD $ 3,477,548
Other expenses in current yearUSD $ 3,113,801
Other expenses in previous yearUSD $ 2,953,859
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 475,846
Employee salary and benefits paid in previous yearUSD $ 523,689
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,711,424
Total revenue in previous fiscal yearUSD $ 3,088,438
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 1,255,307
2021-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,959,417
Program Service Revenue from current yearUSD $ 2,203,577
Investment Income from prior yearUSD $ 164,796
Investment Income from current yearUSD $ 314,509
Other Revenue from prior yearUSD $ 854,346
Other Revenue from current yearUSD $ 570,352
Gross receipts from all sourcesUSD $ 3,088,438
Net assets / fund balances at end of fiscal yearUSD $ 8,676,407
Net assets / fund balances at beginning of fiscal yearUSD $ 7,645,601
Total liabilities at end of fiscal yearUSD $ 4,656,972
Total liabilities at beginning of fiscal yearUSD $ 7,333,654
Total assets at end of fiscal yearUSD $ 13,333,379
Total assets at beginning of fiscal yearUSD $ 14,979,255
Revenues less expenses for current yearUSD $ -389,110
Revenues less expenses for previous yearUSD $ -460,874
Total expenses for current yearUSD $ 3,477,548
Total expenses for previous yearUSD $ 4,439,433
Other expenses in current yearUSD $ 2,953,859
Other expenses in previous yearUSD $ 3,847,424
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 523,689
Employee salary and benefits paid in previous yearUSD $ 592,009
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,088,438
Total revenue in previous fiscal yearUSD $ 3,978,559
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 570,352

Other Company Names associated with EIN

University of Akron Research Foundation

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 341972453

USA Location Address
GOODYEAR POLYMER CENTER #312
170 UNIVERSITY CR.
AKRON
OH
443252103
Date first seen: 2017-06-26
Date last seen: 2024-04-12
USA Location Address
170 UNIVERSITY CIRCLE #312
AKRON
OH
44325
Date first seen: 2012-07-01
Date last seen: 2024-06-30
USA Location Address
411 WOLF LEDGES PKWY
AKRON
OH
44311
Date first seen: 2008-07-01
Date last seen: 2024-07-23

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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