2026-05-12T15:56:29-05:00 2025-06-30 991856619 GRANT THORNTON ADVISORS LLC 171 N CLARK ST STE 200 CHICAGO IL 60601 990 2024-07-01 386552713 UNIVERSITY CORPORATE RESEARCH PARK I INC UNIV 5173539268 325 E GRAND RIVER AVE SUITE 275 EAST LANSING MI 48823 DAVID WASHBURN PRESIDENT 5173539268 2026-05-12 1 1 BRIDGET T ROCHE P00666837 3128560200 2024 2025-03-06 01:10:19Z DAVID WASHBURN 325 E GRAND RIVER AVE SUITE 275 EAST LANSING MI 48823 2438738 0 5167 X HTTPS://WWW.MSUFOUNDATION.ORG/ X 1989 MI TO HOLD TITLE AND PERFORM RELATED FUNCTIONS IN CONNECTION WITH A RESEARCH (CONTINUED IN SCH O)PARK AND INNOVATION CENTER IN SUPPORT OF MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION. 4 3 0 3 0 0 0 0 10000 10000 9253 8278 -666795 -978494 -647542 -960216 0 0 0 0 0 0 0 0 0 0 0 0 0 -647542 -960216 10224379 10102787 11733616 12572240 -1509237 -2469453 TO HOLD TITLE AND PERFORM RELATED FUNCTIONS IN CONNECTION WITH A RESEARCH PARK AND INNOVATION CENTER IN SUPPORT OF MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION. 0 0 TO HOLD TITLE AND PERFORM RELATED FUNCTIONS IN CONNECTION WITH A RESEARCH PARK AND INNOVATION CENTER IN SUPPORT OF MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 X 4 3 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X REBEKAH SKRZYNIARZ 5173539268 325 E GRAND RIVER AVE SUITE 275 EAST LANSING MI 48823 DAVID WASHBURN PRESIDENT 2.00 38.00 X X 0 463297 135272 RANDOLPH COWEN BOARD MEMBER 0.20 2.00 X 0 0 0 SCOTT ESTON BOARD MEMBER (THRU 12/24) 0.20 2.00 X 0 0 0 JOHN PHILLIPS BOARD MEMBER 0.20 2.00 X 0 0 0 BRUCE LEECH BOARD MEMBER (AS OF 12/24) 0.20 2.00 X 0 0 0 REBEKAH SKRZYNIARZ DIRECTOR OF FINANCE 1.00 39.00 X 0 196517 82298 JEFF SMITH DIRECTOR OF UCRP 40.00 0.00 X 185831 0 42019 185831 659814 259589 1 0 1 0 MCPHEE ELECTRIC & TELECOMMUNICATIONS IN PO BOX 263 POTTERVILLE MI 48876 ELECTRICAL CONTRACTOR 191616 MYERS PLUMBING & HEATING INC 16825 INDUSTRIAL PARKWAY LANSING MI 48906 MECHANICAL CONTRACTOR 183108 SUPERIOR SERVICES RSH INC 5411 W GRAND RIVER AVENUE LANSING MI 48906 GENERAL CONTRACTOR 104379 3 MANAGEMENT FEE REVENUE 900099 10000 10000 10000 8278 8278 2403660 3398954 -995294 -995294 -995294 REBATE REVENUE 900099 13500 13500 MAINTENANCE 811000 3300 3300 16800 -960216 -985294 0 25078 0 0 0 0 222283 170278 129800 183169 78359 31115 10876 10712 18074025 9163792 8973573 8910233 0 0 0 0 809488 797280 10224379 10102787 10901652 11759286 1456 100 830508 812854 11733616 12572240 X -1509237 -2469453 -1509237 -2469453 10224379 10102787 -960216 0 X 0 1 X 1 0 868448 868448 12266562 6749327 5517235 1441625 1421852 19773 572585 477041 95544 2924805 515572 2409233 8910233 OPERATING LEASE 797280 797280 LEASE LIABILITY 812854 812854 X PART X, LINE 2: FIN 48 FOOTNOTE UCRPI IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE ('CODE'). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED ON THE ACCOMPANYING CONSOLIDATED STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS. 0 0 0 DAVID WASHBURN PRESIDENT 0 374808 0 86725 0 1764 37425 37425 30211 30211 67636 530933 0 0 REBEKAH SKRZYNIARZ DIRECTOR OF FINANCE 0 171870 0 23460 0 1187 17820 17820 23329 23329 41149 237666 0 0 JEFF SMITH DIRECTOR OF UCRP 160563 0 24000 0 1268 0 16313 0 25706 0 227850 0 0 0 PART I, LINE 3: METHODS USED TO ESTABLISH COMPENSATION OF PRESIDENT: TO ESTABLISH COMPENSATION OF THE ORGANIZATION'S PRESIDENT, THE RELATED ORGANIZATION UTILIZES THE FOLLOWING: EXECUTIVE COMMITTEE, COMPARABILITY DATA, AN OUTSIDE COMPENSATION CONSULTING FIRM, AND APPROVAL BY THE BOARD OR EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS CERTAIN LISTED OFFICERS AND BOARD MEMBERS ALSO SERVE AS OFFICERS AND BOARD MEMBERS OF A RELATED ENTITY. FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS 100% OF UCRPI'S STOCK IS HELD BY THE MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS AND THEIR RIGHTS MEMBERS OF THE MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION'S BOARD OF DIRECTORS ARE ALSO MEMBERS OF UCRPI'S BOARD AND THEREFORE MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION (STOCKHOLDER) IS INVOLVED IN THE DECISION-MAKING PROCESS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECT TO APPROVAL OF MEMBERS MEMBERS OF THE MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION'S BOARD OF DIRECTORS ARE ALSO MEMBERS OF UCRPI'S BOARD AND THEREFORE MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION (STOCKHOLDER) IS INVOLVED IN THE DECISION-MAKING PROCESS. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE FORM 990 WAS PREPARED BY A NATIONAL INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S INTERNAL FINANCE DEPARTMENT. A DRAFT OF THE RETURN IS REVIEWED BY THE DIRECTOR OF FINANCE, PRESIDENT, AND INTERNAL ACCOUNTING PERSONNEL. FOLLOWING THE REVIEW AND APPROVAL THE FORM 990 WAS PROVIDED TO EACH OF THE OTHER VOTING MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO THE FILING. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY CONFLICTS OF INTEREST FORMS ARE FILLED OUT AT THE BEGINNING OF EACH CALENDAR YEAR AND ARE REVIEWED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL (LINE 15A) THE ANNUAL (FISCAL YEAR) PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S PRESIDENT BEGINS BY ANALYZING COMPENSATION DATA FROM THE MOST CURRENT NATIONAL PUBLISHED COMPENSATION SURVEYS AND IRS FORM 990 DATA. COMPENSATION DATA ARE ANALYZED FROM DEFINED PEER GROUPS COMPARABLE TO MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION IN SIZE AND COMPLEXITY. FOR EXECUTIVE POSITIONS, DATA FROM OTHER INDUSTRIES ARE INCLUDED FOR MARKET COMPARISON PURPOSES. THE COMPENSATION DATA SOURCES ARE USED TO ANALYZE MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION'S OFFICERS' PAY LEVELS AND TO DETERMINE IF ANY ADJUSTMENTS NEED TO BE MADE. COMPENSATION IS APPROVED BY THE BOARD CHAIR, BOARD VICE CHAIR, AND BOARD PRESIDENT. THIS PROCESS WAS COMPLETED BY A RELATED TAX-EXEMPT ENTITY, MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION. COMPENSATION PROCESS FOR OFFICERS (LINE 15B) SAME AS 15A ABOVE FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.