Campus Research Corporation
- Assets
- $42.8m
- Revenue
- $14.7m
- Investments
- $10.0k
- Employees
- 25
- Location
- Tucson, AZ
- Founding
- 06/1995
- Data as of
- 06/2022
- EIN
- 86-0779656
Organization Overview
Campus Research Corporation is located in Tucson, AZ. The organization was established in 1995. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Campus Research Corporation employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Campus Research 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 06/2022, Campus Research Corporation generated $14.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $16.6m during the year ending 06/2022. While expenses have increased by 6.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST THE ARIZONA BOARD OF REGENTS FOR AND ON BEHALF OF THE UNIVERSITY OF ARIZONA
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMPUS RESEARCH CORPORATION WAS FORMED IN 1994 TO ASSIST THE ARIZONA BOARD OF REGENTS IN THE MARKETING, LEASING, DEVELOPMENT, IMPROVEMENT, AND OPERATION OF THE UNIVERSITY OF ARIZONA SCIENCE AND TECHNOLOGY PARK LOCATED IN THE TUCSON, ARIZONA METROPOLITAN AREA. IN ADDITION TO USING A PORTION OF THE PARK AS AN EDUCATIONAL FACILITY FOR STUDENTS AND FACULTY OF THE UNIVERSITY, THE CORPORATION LEASES PORTIONS TO PRIVATE INDUSTRY AND GOVERNMENTAL AGENCIES. THE PARK PROVIDES A CAMPUS WHERE INDUSTRY AND THE UNIVERSITY CAN PARTICIPATE IN ACTIVITIES THAT PROMOTE AND SUPPORT EDUCATION, RESEARCH AND ECONOMIC DEVELOPMENT OF THE REGION. THE PARK ALSO PROVIDES A MECHANISM TO PROMOTE THE DEVELOPMENT AND INTEGRATION OF TECHNOLOGICAL RESULTS FROM RESEARCH INTO PRIVATE CORPORATE PROGRAMS. THE TECH PARK SITS ON 1,267 ACRES IN SOUTHEAST TUCSON, ARIZONA. ALMOST 2 MILLION SQUARE FEET OF SPACE HAS BEEN DEVELOPED FEATURING HIGH TECH OFFICE, RESEARCH AND DEVELOPMENT AND LABORATORY FACILITIES ON 296 ACRES. THE TECH PARK ALSO DEVELOPED A SOLAR RESEARCH FACILITY WHICH IS ON APPROXIMATELY 223 ACRES. THE TECH PARK IS BEING FURTHER DEVELOPED WITH POTENTIAL PROJECTS THAT INCLUDE A HOTEL, CONFERENCE CENTER AND RETAIL AND RESIDENTIAL DEVELOPMENTS THAT WOULD SUPPORT THE OCCUPANTS OF THE TECH PARK.
THE UA TECH PARK AT THE BRIDGES IS SITUATED ON 65 ACRES IN CENTRAL TUCSON, ARIZONA. IT'S PART OF A LARGER 350 ACRE MULTI-USE DEVELOPMENT. THE BRIDGES IS PLANNED TO HAVE A UNIVERSITY EDUCATIONAL FACILITY FOR STUDENTS AND FACULTY OF THE UNIVERSITY, THE CORPORATION LEASES PORTIONS TO PRIVATE INDUSTRY AND GOVERNMENTAL AGENCIES. THE PARK PROVIDES A CAMPUS WHERE INDUSTRY AND THE UNIVERSITY CAN PARTICIPATE IN ACTIVITIES THAT PROMOTE AND SUPPORT EDUCATION, RESEARCH AND ECONOMIC DEVELOPMENT OF THE REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Marcus Evp & CFO | Officer | 40 | $185,095 |
Patrick Murphy VP Construction/facilities | 40 | $127,022 | |
Lindsay Welch Vp, Corporate Relations | 40 | $114,477 | |
Bernadette Franco Director Of Finance & Human Resources | 40 | $103,468 | |
Eric Smith Executive Director | 40 | $100,432 | |
Tom Warne Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kustom Us Inc Construction | 6/29/22 | $177,688 |
Jacobs Facilities/construction | 6/29/22 | $3,278,777 |
Uastp Common Services | 6/29/22 | $2,906,067 |
Sun Mechanical Contracting Inc Construction | 6/29/22 | $907,590 |
Haralson Miller Pitt Feldman & Mcana Legal | 6/29/22 | $143,780 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $185,703 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $200,003 |
| Total Program Service Revenue | $14,438,237 |
| Investment income | $5,077 |
| 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 | $14,706,755 |
| 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. | $201,399 |
| Compensation of current officers, directors, key employees. | $52,534 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,730,448 |
| Pension plan accruals and contributions | $36,582 |
| Other employee benefits | $173,719 |
| Payroll taxes | $95,313 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $59,425 |
| Fees for services: Accounting | $43,620 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $266,795 |
| Advertising and promotion | $97,324 |
| Office expenses | $118,383 |
| Information technology | $65,857 |
| Royalties | $0 |
| Occupancy | $588,013 |
| Travel | $134,275 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $413,777 |
| Interest | $241,359 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,019,705 |
| Insurance | $128,768 |
| All other expenses | $0 |
| Total functional expenses | $16,633,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,230,645 |
| Savings and temporary cash investments | $3,767,614 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $876,506 |
| 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 | $48,422 |
| Net Land, buildings, and equipment | $31,529,082 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $10,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,359,087 |
| Total assets | $42,821,356 |
| Accounts payable and accrued expenses | $2,975,730 |
| Grants payable | $0 |
| Deferred revenue | $1,722,457 |
| 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 | $3,463,747 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $71,814 |
| Total liabilities | $8,233,748 |
| Net assets without donor restrictions | $34,587,608 |
| 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 | $42,821,356 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Campus Research Corporation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Perkins Coie Foundation Seattle, WA PURPOSE: 2021 INNOVATIVE MINDS CHALLENGE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Conservatory Of Music Inc San Francisco, CA | $341,811,653 | $47,873,165 |
Humboldt State University Sponsored Programs Foundation Arcata, CA | $18,307,530 | $36,742,965 |
The American University Of Paris Inc Denver, CO | $83,974,222 | $36,441,184 |
California University Of Science And Medicine Colton, CA | $59,868,160 | $28,936,097 |
Minerva Institute For Research And Scholarship San Francisco, CA | $14,539,633 | $46,783,165 |
Hope International University Fullerton, CA | $37,606,706 | $28,796,874 |
Naropa University Boulder, CO | $34,704,482 | $31,100,655 |
Prescott College Inc Prescott, AZ | $32,109,513 | $27,987,581 |
Pacific Oaks Education Corporation Pasadena, CA | $44,789,985 | $24,782,562 |
Olivet University Anza, CA | $81,362,553 | $25,665,253 |
Notre Dame De Namur University Belmont, CA | $59,879,488 | $17,252,729 |
California State University East Bay Foundation Inc Hayward, CA | $25,796,155 | $16,250,485 |