University of South Dakota Research Park Inc.
University of South Dakota Research Park Inc.
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About this organization
Mission
To grow university research capacity, resources and talent and connect core university activities with private sector resources and companies.
About
Secured tenant lease / purchase agreement for 40,000 square foot manufacturing core & shell structure. Secured $1.513mm - city of Sioux Falls investment for additional street, utilities, parking and streetscape construction for Pell Avenue and Haines Street. U.S. economic development association grant was amended to allow remaining funds to be utilized for this project.
Interesting data from their 2020 990 filing
The purpose of the non-profit, as set forth in the filing, is “To foster economic development by:- growing university research capacity, resources, and talent- connecting these core university activities with private sector resources and companies- fostering entrepreneurship and commercialization through a robust incubation program- facilitating the creation of the physical infrastructure necessary to support creation and attraction of research and innovation-based business”.
When discussing its purpose, they were characterized as: “To grow university research capacity, resources and talent and connect core university activities with private sector resources and companies.”.
- The state in which the non-profit is legally authorized to operate is SD, as reported.
- The filing confirms that the non-profit's address in 2020 was 4800 N CAREER AVE NO 100, SIOUX FALLS, SD, 57107.
- The form of the non-profit reports 0 employees as of 2020.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $82,774.
- The organization has 8 independent voting members.
- The organization was formed in 2012.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.