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Iowa State University Research Park Corp

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$11.7M (2023)

Expenses
$9.37M (2023)

Total Assets
$83.5M (2023)

Total Liabilities
$66.1M (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,715,274
Expenses
$9,371,439
Net Income
$2,343,835
Net Assets
$17,338,959
Notable Sources of Revenue Percent of Total Revenue
Contributions $786,748
6.7%
Program Services $10,841,720
92.5%
Investment Income $86,806
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $440,659
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $553,590
5.9%
Assets/Debt
Total Assets $83,485,755
Total Liabilities $66,146,796
Net Assets $17,338,959
Compensation
Key Employees and Officers Compensation Related Other
Rick Sanders (Ex Officio) $212,111 $0 $0
Alison Doyle (Chief Relations Officer) $126,000 $0 $0
Kyle Martin (Operations Manager) $102,548 $0 $0
Dr Matt Darr (Director) $0 $0 $0
Dr Daniel J Robinson (Director) $0 $0 $0
Dr Peter Dorhout (Director) $0 $0 $0
David Spalding (Chair) $0 $0 $0
Warren Madden (Secretary/Treasurer) $0 $0 $0
Shawn Norman (Director) $0 $0 $0
Deborah Durham (Director) $0 $0 $0
Eric Peterson (Director) $0 $0 $0
Dr Brent Shanks (Director) $0 $0 $0
Steve Schuler (Vice Chairperson) $0 $0 $0
Jill Klindt (Director) $0 $0 $0
Paul Rupprecht (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,124,615
Expenses
$7,553,513
Net Income
$3,571,102
Net Assets
$14,995,124
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,044,784
9.4%
Program Services $10,076,358
90.6%
Investment Income $3,473
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $303,235
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $652,408
8.6%
Assets/Debt
Total Assets $68,199,725
Total Liabilities $53,204,601
Net Assets $14,995,124
Compensation
Key Employees and Officers Compensation Related Other
Rick Sanders (Ex Officio) $193,155 $0 $0
Alison Doyle (Chief Relations Officer) $110,080 $0 $0
Dr Matt Darr (Director) $0 $0 $0
Dr Daniel J Robison (Director) $0 $0 $0
Pam Cain (Director) $0 $0 $0
David Spalding (Chair) $0 $0 $0
Warren Madden (Secretary/Treasurer) $0 $0 $0
Mark Rupprecht (Director) $0 $0 $0
Deborah Durham (Director) $0 $0 $0
Eric Peterson (Director) $0 $0 $0
Brent Shanks (Director) $0 $0 $0
Steve Schuler (Vice Chairperson) $0 $0 $0
Jill Klindt (Director) $0 $0 $0
Dr Martin Thuo (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,446,996
Expenses
$8,159,028
Net Income
$2,287,968
Net Assets
$11,424,022
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,646,646
15.8%
Program Services $8,798,550
84.2%
Investment Income $1,800
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $384,993
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $502,296
6.2%
Assets/Debt
Total Assets $68,974,126
Total Liabilities $57,550,104
Net Assets $11,424,022
Compensation
Key Employees and Officers Compensation Related Other
Rick Sanders (Ex Officio) $175,808 $0 $0
Nate Easter (Chief Operations Officer) $105,978 $0 $0
Alison Doyle (Chief Relations Officer) $103,207 $0 $0
Dr Matt Darr (Director) $0 $0 $0
Dr Daniel J Robison (Director) $0 $0 $0
Pam Cain (Chair) $0 $0 $0
David Spalding (Vice Chairperson) $0 $0 $0
Warren Madden (Secretary/Treasurer) $0 $0 $0
Mark Rupprecht (Director) $0 $0 $0
Denise Essman (Director) $0 $0 $0
Eric Peterson (Director) $0 $0 $0
Brent Shanks (Director) $0 $0 $0
Steve Schuler (Director) $0 $0 $0
Jill Klindt (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,906,823
Expenses
$11,358,983
Net Income
-$1,452,160
Net Assets
$9,136,054
Notable Sources of Revenue Percent of Total Revenue
Contributions $635,281
6.4%
Program Services $9,206,116
92.9%
Investment Income $65,426
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $175,480
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $491,018
4.3%
Assets/Debt
Total Assets $71,325,797
Total Liabilities $62,189,743
Net Assets $9,136,054
Compensation
Key Employees and Officers Compensation Related Other
Rick Sanders (Ex Officio) $236,030 $0 $0
Nate Easter (Operations Manager) $149,815 $0 $0
Peg Armstrong Gustafson (Director) $0 $0 $0
Dr Michael Crum (Director) $0 $0 $0
Dr Diane Birt (Director) $0 $0 $0
Pam Cain (Chairperson) $0 $0 $0
David Spalding (Vice Chairperson) $0 $0 $0
Warren Madden (Secretary/Treasurer) $0 $0 $0
Mark Rupprecht (Director) $0 $0 $0
Denise Essman (Director) $0 $0 $0
Eric Peterson (Director) $0 $0 $0
Brent Shanks (Director) $0 $0 $0
Steve Schuler (Director) $0 $0 $0
Sarah Nusser (Ex Officio) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,989,291
Expenses
$10,924,791
Net Income
-$1,935,500
Net Assets
$10,588,214
Notable Sources of Revenue Percent of Total Revenue
Contributions $775,157
8.6%
Program Services $8,130,289
90.4%
Investment Income $83,845
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $156,793
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $618,859
5.7%
Assets/Debt
Total Assets $72,639,847
Total Liabilities $62,051,633
Net Assets $10,588,214
Compensation
Key Employees and Officers Compensation Related Other
Steven Carter (Ex Officio) $156,793 $0 $54,094
Peg Armstrong Gustafson (Director) $0 $0 $0
Dr Michael Crum (Chairperson) $0 $0 $0
Dr Diane Birt (Director) $0 $0 $0
Pam Cain (Director) $0 $0 $0
David Spalding (Vice Chairperson) $0 $0 $0
Warren Madden (Treasurer) $0 $0 $0
Mark Rupprecht (Director) $0 $0 $0
Denise Essman (Director) $0 $0 $0
Lisa Lorenzen (Director) $0 $0 $0
Brent Shanks (Director) $0 $0 $0
Steve Schuler (Director) $0 $0 $0
Sarah Nusser (Ex Officio) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,369,668
Expenses
$9,241,611
Net Income
$1,128,057
Net Assets
$12,523,714
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,001,928
9.7%
Program Services $7,639,599
73.7%
Investment Income $1,728,141
16.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $215,266
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $261,525
2.8%
Assets/Debt
Total Assets $73,607,432
Total Liabilities $61,083,718
Net Assets $12,523,714
Compensation
Key Employees and Officers Compensation Related Other
Steven Carter (Ex Officio) $215,266 $0 $74,267
Peg Armstrong Gustafson (Director) $0 $0 $0
Dr Michael Crum (Chairperson) $0 $0 $0
Dr Diane Birt (Director) $0 $0 $0
Pam Cain (Director) $0 $0 $0
William Horan (Director) $0 $0 $0
Warren Madden (Treasurer) $0 $0 $0
Daniel Rupprecht (Chairperson) $0 $0 $0
Denise Essman (Director) $0 $0 $0
Lisa Lorenzen (Director) $0 $0 $0
Brent Shanks (Director) $0 $0 $0
Steve Schuler (Director) $0 $0 $0
Sarah Nusser (Ex Officio) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,099,009
Expenses
$9,663,087
Net Income
$1,435,922
Net Assets
$11,395,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $589,858
5.3%
Program Services $8,096,154
72.9%
Investment Income $2,300,223
20.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $112,774
1.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $107,915
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $182,630
1.9%
Assets/Debt
Total Assets $73,602,626
Total Liabilities $62,206,969
Net Assets $11,395,657
Compensation
Key Employees and Officers Compensation Related Other
Steven Carter (Ex Officio) $107,915 $0 $37,231
Peg Armstrong Gustafson (Director) $0 $0 $0
Dr Michael Crum (Chairperson) $0 $0 $0
Dr Diane Birt (Director) $0 $0 $0
Russ Cross (Director) $0 $0 $0
William Horan (Director) $0 $0 $0
Warren Madden (Treasurer) $0 $0 $0
Daniel Rupprecht (Chairperson) $0 $0 $0
Denise Essman (Director) $0 $0 $0
Lisa Lorenzen (Director) $0 $0 $0
Brent Shanks (Director) $0 $0 $0
Miles Lackey (Ex Officio) $0 $0 $0
Sarah Nusser (Ex Officio) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,931,372
Expenses
$7,465,402
Net Income
-$534,030
Net Assets
$9,959,735
Notable Sources of Revenue Percent of Total Revenue
Contributions $997,355
14.4%
Program Services $5,565,716
80.3%
Investment Income $101,401
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $266,900
3.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $105,277
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $222,516
3.0%
Assets/Debt
Total Assets $75,740,260
Total Liabilities $65,780,525
Net Assets $9,959,735
Compensation
Key Employees and Officers Compensation Related Other
Steven Carter (Ex Officio) $105,277 $0 $0
Peg Armstrong Gustafson (Director) $0 $0 $0
Dr Michael Crum (Chairperson) $0 $0 $0
Dr Diane Birt (Director) $0 $0 $0
Russ Cross (Director) $0 $0 $0
William Horan (Director) $0 $0 $0
Warren Madden (Treasurer) $0 $0 $0
Daniel Rupprecht (Chairperson) $0 $0 $0
Denise Essman (Director) $0 $0 $0
Lisa Lorenzen (Director) $0 $0 $0
Brent Shanks (Director) $0 $0 $0
Miles Lackey (Ex Officio) $0 $0 $0
Sarah Nusser (Ex Officio) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,524,156
Expenses
$5,172,723
Net Income
$351,433
Net Assets
$10,493,765
Notable Sources of Revenue Percent of Total Revenue
Contributions $879,314
15.9%
Program Services $4,507,262
81.6%
Investment Income $137,580
2.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $344,893
6.7%
Assets/Debt
Total Assets $58,387,955
Total Liabilities $47,894,190
Net Assets $10,493,765
Compensation
Key Employees and Officers Compensation Related Other
Steven Carter (Ex Officio) $104,235 $0 $0
Peg Armstrong Gustafson (Director) $0 $0 $0
Dr Michael Crum (Chairperson) $0 $0 $0
Dr Diane Birt (Director) $0 $0 $0
Russ Cross (Director) $0 $0 $0
William Horan (Director) $0 $0 $0
Warren Madden (Treasurer) $0 $0 $0
Dick Johnson (Secretary) $0 $0 $0
Daniel Rupprecht (Director) $0 $0 $0
Denise Essman (Director) $0 $0 $0
Lisa Lorenzen (Director) $0 $0 $0
Brent Shanks (Director) $0 $0 $0
Miles Lackey (Ex Officio) $0 $0 $0
Sarah Nusser (Ex Officio) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,189,051
Expenses
$4,342,662
Net Income
$3,846,389
Net Assets
$10,142,332
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,603,498
44.0%
Program Services $4,430,876
54.1%
Investment Income $154,677
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $242,483
5.6%
Assets/Debt
Total Assets $33,681,814
Total Liabilities $23,539,482
Net Assets $10,142,332
Compensation
Key Employees and Officers Compensation Related Other
Steven Carter (Ex Officio) $101,199 $0 $0
Peg Armstrong Gustafson (Director) $0 $0 $0
Dr Michael Crum (Chairperson) $0 $0 $0
Dr Diane Birt (Director) $0 $0 $0
Russ Cross (Director) $0 $0 $0
William Horan (Director) $0 $0 $0
Warren Madden (Treasurer) $0 $0 $0
Dick Johnson (Secretary) $0 $0 $0
Daniel Rupprecht (Director) $0 $0 $0
Denise Essman (President) $0 $0 $0
Lisa Lorenzen (Director) $0 $0 $0
Brent Shanks (Director) $0 $0 $0
Miles Lackey (Ex Officio) $0 $0 $0
Sarah Nusser (Ex Officio) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,335,566
Expenses
$3,782,626
Net Income
$1,552,940
Net Assets
$6,295,943
Notable Sources of Revenue Percent of Total Revenue
Contributions $796,438
14.9%
Program Services $4,418,077
82.8%
Investment Income $121,051
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $266,815
7.1%
Assets/Debt
Total Assets $30,544,194
Total Liabilities $24,248,251
Net Assets $6,295,943

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,430,695
Expenses
$5,375,018
Net Income
-$944,323
Net Assets
$4,743,003
Notable Sources of Revenue Percent of Total Revenue
Contributions $230,550
5.2%
Program Services $4,113,919
92.9%
Investment Income $86,226
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $256,604
4.8%
Assets/Debt
Total Assets $30,803,133
Total Liabilities $26,060,130
Net Assets $4,743,003

Document Links

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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