Cause IQ organization profile

Arizona State University Enterprise Partners

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Arizona State University Enterprise Partners is a engineering or technology research center based in Tempe, AZ that was founded in 2015. As of 2018 they had $29 million in revenue and $172 million in assets.

Because Arizona State University is not a conventional university, ASU Enterprise Partners does things differently. They created a new organizational model designed to generate sources of revenue for Arizona State University.

Previous legal names or variations of their name include: Asu Enterprise Partners.

EIN:
47-5599177
City:
State:
Metro:
Website:
Founded:
2015
Type:
501(c)(3)
NTEE:
Revenue:
$29,292,673
Assets:
$172,397,693
Employees:
146
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at Arizona State University Enterprise Partners

ASU Enterprise Partners ("EP") through its subsidiary Skysong Innovations works with ASU faculty, postdocs, and students to translate their research innovations into commercial applications. To date, more than 125 startups have been launched based on ASU innovations, attracting more than $700 million in funding from outside investors, generating substantial local economic impact. The National Academy of Inventors and the Intellectual Property Owners Association now ranks ASU 17th in U.S. utility patents granted to universities worldwide. Other universities ranked alongside ASU in the top 20 include MIT, Stanford University, Johns Hopkins University, Harvard and the California Institute of Technology. Skysong Innovations also operates an office out of the ASU California Center in Santa Monica, facilitating linkages between the Arizona and Southern California innovation ecosystems, including connecting ASU inventors with California-based investors.

EP through its subsidiary University Realty aims to advance ASU by accepting and monetizing commercial office, retail, multifamily buildings, as well as vacant land received from philanthropic real estate gifts from donors. Additionally, they take advantage of opportunities to invest, acquire, and dispose of real estate at logical points in real estate cycles. University Realty provides full service, ground-up development including acquisitions and entitlements of land, master-planning and building design, construction, and financing of office, industrial, and multi-family projects. Currently, the organization holds $76 million in land and building investments. University Realty oversees projects nationwide, from SkySong in Scottsdale, to the Brickyard in Tempe, to the Washington Center in the heart of the District of Columbia.

Form 990s for Arizona State University Enterprise Partners

Fiscal year endingDate received by IRSFormPDF link
2018-06Feb 21, 2019990View PDF
2017-06Jan 19, 2018990View PDF

Financials for Arizona State University Enterprise Partners

Field2018
Total grants, contributions, etc.$1,239,000
Program services$4,511,752
Investment income and dividends$6,792,919
Tax-exempt bond proceeds$0
Royalty revenue$112,855
Net rental income$215,615
Net gain from sale of non-inventory assets$53,403
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$16,367,129
Total revenues$29,292,673

Vendors for Arizona State University Enterprise Partners

VendorServicesAmount paidDate
Eide Bailly LLPAudit accounting2019-12-31
████Insurance2019-12-31
█████████Content management system software2019-12-26
█████ ████████ ███Tax accounting2019-02-19
█████████ ████████Software2018-10-10
███████ ███ █████ ███Patent Prosecution$916,0672018-06-01
█████ ███████ ███Si Legal Services$1,206,4812018-06-01
████ ███ ██████████ ██Patent Prosecution$485,2872018-06-01
...and four more vendors

Personnel at Arizona State University Enterprise Partners

NameTitleCompensationMost recent data
Augustine ChengChief Executive Officer and Chief Legal Officer , Skysong Innovations / Chief Executive Officer , Si$613,148June 18, 2020
Dan DillonChief Executive Officer-June 18, 2020
████ ██ ████████Member President and Chief Executive Officer , Southwest / President and Chief Executive Officer , Southwest / Director$0June 18, 2020
████████ █ █Buhlig Chief Executive Officer Asu Foundation / Buhlig Chief Executive Officer , Asu Foundation-June 18, 2020
████████ ██ ██████Chief Executive Officer Asu Foundation-June 18, 2020
█████ █████Founder and Chief Executive Officer , University Realty-June 18, 2020
████ ███████Chief Investment Officer / Vice President-June 18, 2020
████████ ███████Chief Financial Officer and Treasurer , Asu Enterprise Partners Desanto$247,986June 18, 2020
███████ ███████Vice President and Chief Information Officer, Asu Enterprise Partners-July 17, 2019
████ ███████Vice President and Chief of Staff$203,043June 30, 2018
...and 14 more key personnel

Peer engineer and technology research centers

 NameTypeRevenueLocation
1National Institute of Building Sciences501(c)(3)$15 millionWashington, DC
2US Ignite501(c)(3)$8.0 millionWashington, DC
3Campus Research Corporation501(c)(3)$15 millionTucson, AZ
4California County Superintendents Educational Services Association501(c)(3)$7.5 millionSacramento, CA
5Internet2501(c)(3)$79 millionAnn Arbor, MI
6Open Compute Project501(c)(6)$8.0 millionAustin, TX
7Thirty Meter Telescope International Observatory (TIO)501(c)(3)$59 millionPasadena, CA
8Center for Transportation and the ENVIRONMENT (CTE)501(c)(3)$9.6 millionAtlanta, GA
9Griffiss Institute501(c)(3)$10 millionRome, NY
10National Center for Defense Manufacturing and Machining (NCDMM)501(c)(3)$35 millionBlairsville, PA
11Council on Library and Information Resources501(c)(3)$19 millionArlington, VA
12Incorporated Research Institutions for Seismology (IRIS)501(c)(3)$34 millionWashington, DC
13The Center for Employment Security Education And Research501(c)(3)$25 millionWashington, DC
14American Public Works Association501(c)(3)$25 millionKansas City, MO
15MCNC501(c)(3)$44 millionResearch Triangle Park, NC
16Cortex501(c)(3)$10 millionSt Louis, MO
17Pacific International Center for High Technology Research501(c)(3)$17 millionHonolulu, HI
18Us Foundation for Inspiration and Recognition of Science and Technology501(c)(3)$87 millionManchester, NH
19University of Tennessee Research Foundation (UTRF)501(c)(3)$9.0 millionKnoxville, TN
20Corporation for Education Network Initiatives in California501(c)(3)$74 millionLa Mirada, CA
21Georgia Research Alliance501(c)(3)$8.9 millionAtlanta, GA
22Texas A&M Research Foundation501(c)(3)$71 millionCollege Station, TX
23National Center for Manufacturing Sciences501(c)(3)$45 millionAnn Arbor, MI
24South Carolina Research Authority (SCRA)501(c)(3)$12 millionColumbia, SC
25Doolittle Institute501(c)(3)$20 millionNiceville, FL