2023-09-08T10:23:14-04:00 2023-06-30 382706146 YEO & YEO PC P O BOX 248 ALMA MI 48801 990 2022-07-01 364500805 CENTRAL MICHIGAN UNIVERSITY RESEARCH CORPORATION CENT 9897742424 CENTRAL MICHIGAN UNIVERSITY MT PLEASANT MI 48858 ERIN STRANG PRESIDENT/CEO 9897742424 2023-09-07 true ERIN STRANG 999009999 false ALI N BARNES P01311128 9894636108 2023-09-07 2022 2023-04-26 12:10:37Z ERIN STRANG 2625 DENISON DR MT PLEASANT MI 48858 1672662 false X WWW.CMURC.COM X 2001 MI TO RECEIVE, ADMINISTER, AND DISTRIBUTE FUNDS TO PROMOTE AND ENCOURAGE RESEARCH, SCHOLARSHIP, CREATIVE ACTIVITIES, AND OTHER APPLIED RESEARCH AND TECHNOLOGY AT CMU. 15 15 9 15 0 970544 922453 104052 91794 205 3680 459880 654735 1534681 1672662 0 0 502150 565988 0 0 1137779 1305334 1639929 1871322 -105248 -198660 2137264 12713736 373213 11152389 1764051 1561347 TO RECEIVE, ADMINISTER, AND DISTRIBUTE FUNDS TO PROMOTE AND ENCOURAGE RESEARCH, SCHOLARSHIP, CREATIVE ACTIVITIES, AND OTHER APPLIED RESEARCH AND TECHNOLOGY AT CMU. false false 1486892 91794 ASSISTED VARIOUS COMPANIES BY PROVIDING THEM WITH MARKET RESEARCH AND START UP SUPPORT. 1486892 true true false false false false false false false false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 9 0 9 true false false false false false false false false false false false false X 15 15 false false false false false false false true true false false false true false true false true true true false MI X ERIN STRANG 9897742424 2625 DENISON DR MT PLEASANT MI 48858 ROBERT O DAVIES CHAIR 1.00 X X 0 0 0 MARY HILL TREASURER 1.00 X X 0 0 0 TOBY ROTH SECRETARY 1.00 X X 0 0 0 TODD ANSON DIRECTOR 1.00 X 0 0 0 DAVID FORD DIRECTOR 1.00 X 0 0 0 JULIE MESSING DIRECTOR 1.00 X 0 0 0 SHAWNA PATTERSON-STEPHENS DIRECTOR 1.00 X 0 0 0 JOHN VEILLEUX DIRECTOR 1.00 X 0 0 0 MELINDA COFFIN DIRECTOR 1.00 X 0 0 0 RAYMOND GUNN DIRECTOR 1.00 X 0 0 0 RAQUEL LEDESMA-PEREZ DIRECTOR 1.00 X 0 0 0 DWAYNE POWELL JR DIRECTOR 1.00 X 0 0 0 DAN WARD DIRECTOR 1.00 X 0 0 0 JEFF STOUTENBURG DIRECTOR 1.00 X 0 0 0 FELICIA HARRIS DIRECTOR 1.00 X 0 0 0 ERIN STRANG PRESIDENT/CE 40.00 X 143163 0 21142 143163 21142 1 false true false DLR DEVELOPMENT LLC 7340 MIDLAND ROAD FREELAND MI 48263 RENT-CHARGES 233135 SVRC MARKETPLACE LLC 203 S WASHINTON AVE SAGINAW MI 48607 RENT-CHARGES 152265 SSP DEVELOPMENT IV LLC 1100 S WASHINGTON AVE SAGINAW MI 48601 RENT-CHARGES 137269 3 777418 145035 922453 ACCELERATOR REVENUE 561499 77172 77172 PROJECT REVENUE 561499 14622 14622 91794 3680 3680 654735 654735 654735 654735 1672662 746529 3680 182122 91061 91061 312529 240508 72021 15669 11544 4125 15750 12268 3482 39918 27748 12170 55665 52047 3618 31829 -23779 55608 19270 6225 13045 69263 46023 23240 900974 839408 61566 11987 3873 8114 117935 109876 8059 16648 5379 11269 ACCELERATOR FUND EXPENSE 56572 56572 PROFESSIONAL DEVELOPMENT 13115 4237 8878 OTHER 9767 3156 6611 DUES, LICENSES AND SUBSCR 2309 746 1563 1871322 1486892 384430 0 -83204 -57215 787588 1441562 63734 132933 1 1 7510 1932182 503011 1349251 1429171 13780 13766 6114 9746008 2137264 12713736 59437 66428 72397 1100121 241379 9985840 373213 11152389 X 1764051 1561347 1764051 1561347 2137264 12713736 X -198660 -14 -4030 X false true X true false X X 1 CENTRAL MICHIGAN UNIVERSITY CENTRAL MICHIGAN UNIVERSITY 364500805 6 true 1490922 0 1 1490922 0 true false false false false false false false false false false false false false false true true true X true true PART IV, SECTION D, LINE 3 THE PRESIDENT OF CENTRAL MICHIGAN UNIVERSITY SERVES AS CHAIR OF THE RESEARCH CORPORATION'S BOARD OF DIRECTORS AND THE VICE PRESIDENT OF FINANCE AND ADMINISTRATIVE SERVICES OF CENTRAL MICHIGAN SERVES AS TREASURER OF THE RESEARCH CORPORATION'S BOARD OF DIRECTORS. PART IV, SECTION E, LINE 2A THE ORGANIZATION PROVIDES AN INCUBATOR FOR START UP COMPANIES, AND SEEKS TO FURTHER ECONOMIC DEVELOPMENT WITHIN THE LOCAL AREA. PART IV, SECTION E, LINE 2B THE RESEARCH CORPORATION IS OPERATING TO FURTHER CENTRAL MICHIGAN UNIVERSITY'S DESIRE TO BE A CONTRIBUTOR TO ECONOMIC DEVELOPMENT WITHIN THE LOCAL AREA. USING A SEPARATE ENTITY TO DO SO PROVIDES ADDITIONAL TRANSPARENCY OF THE ACTIVITIES PERFORMED. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1632826 261297 1371529 299356 241714 57642 1429171 RIGHT OF USE ASSET - OPERATING LEASE 9739894 SECURITY DEPOSIT PAID 6114 9746008 OPERATING LEASE, LONG TERM 9346531 OPERATING LEASE, CURRENT 400248 DEVELOPMENT FUNDS PAYABLE 239061 9985840 1672648 -14 -14 1672662 1672662 1875352 4030 4030 1871322 1871322 SCHEDULE D, PAGE 4, PART XI, LINE 2D NET INVESTMENT GAIN -14 SCHEDULE D, PAGE 4, PART XII, LINE 2D BAD DEBT EXPENSE 4,030 X false false false false false false false false false ERIN STRANG PRESIDENT/CEO 143163 14462 6680 164305 FORM 990, PAGE 6, PART VI, LINE 11B THE PRESIDENT AND BOARD TREASURER WILL REVIEW PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C AS EMPLOYEES ARE HIRED, THEY ARE INFORMED OF THE POLICY. THEY SIGN A FORM AND ARE THEN REMINDED OF THE POLICY AT THE BEGINNING OF EACH NEW PROJECT. DIRECTORS DISCLOSE WHEN THEY JOIN THE BOARD AND IF THEY HAVE ANYTHING NEW. FORM 990, PAGE 6, PART VI, LINE 15A PRESIDENT SALARY DETERMINED BY PRESIDENT OF CENTRAL MICHIGAN UNIVERSITY. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD RETAINS THE RIGHT OF APPROVAL FOR THE CREATION OF ANY NEW POSITIONS. THE BOARD DELEGATES AUTHORITY TO THE PRESIDENT AND CEO AND THE CHAIR OF THE BOARD TO APPROVE CREATION OF POSITIONS AND COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 BAD DEBT EXPENSE -4,030 CENTRAL MICHIGAN UNIVERSITY 1200 S FRANKLIN ST MOUNT PLEASANT MI 48859 386004447 UNIVERSITY MI 501C3 6 N/A false false false true false false false false false false false false false false false false false false false false CENTRAL MICHIGAN UNIVERSITY C 500000 CASH TRANSFER