EIN 56-0853674

Research Triangle Park (RTP)

IRS 501(c) type
501(c)(4)
Num. employees
40
Year formed
1956
Most recent tax filings
2022-09-01
NTEE code, primary
Description
The Research Triangle Park (RTP) is a 7,000 acre development that is home to more than 200 companies employing over 42,000 full-time knowledge workers and an estimated 10,000 contract employees.
Also known as...
Research Triangle Foundation of NC; Research Triangle Foundation of North Carolina
Total revenues
$10,751,923
2022
Total expenses
$18,434,190
2022
Total assets
$218,750,320
2022
Num. employees
40
2022

Program areas at RTP

Provide for the upkeep of rtp assets and infrastructure to enhance the park's reputation as an innovative and dynamic environment and to promote and foster Research facilities in the 7,000 acre Research Triangle park.
Park center 100 acres redevelopment provides innovators to come together to be inspired, provide a place for leaders in technology, science, the arts and the humanities to collaborate and create jobs and a better future for all north carolinians. The development includes retail, residential and office amenities with a plethora of public parks and space that will be used by entrepreneurs and north carolinians.
Provide for the promotion of programs for the rtp community and Triangle region.

Grants made by RTP

GranteeGrant descriptionAmount
Durham Technical Community College FoundationProgram Support$25,000
Best NCProgram Support$10,000

Who funds Research Triangle Park (RTP)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Duke UniversitySponsorship$10,000
NC IdeaEngage Grants$7,500

Personnel at RTP

NameTitleCompensation
Scott LevitanPresident and Chief Executive Officer$593,455
Linda HallExecutive Vice President and Chief Financial Officer$442,078
Jessica WisniewskiVice President Finance and Administration$181,181
Carolyn CoiaVice President Real Estate / Vice President of Real Estate / Senior Director of Real Estate$214,969
David WieandAccounting Manager / Financial Accountant$105,732
...and 7 more key personnel

Financials for RTP

RevenuesFYE 09/2022
Total grants, contributions, etc.$0
Program services$10,901,555
Investment income and dividends$1,210,098
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,498,864
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$139,134
Total revenues$10,751,923

Form 990s for RTP

Fiscal year endingDate received by IRSFormPDF link
2022-092023-08-08990View PDF
2021-092022-08-12990View PDF
2020-092021-06-30990View PDF
2019-092020-11-10990View PDF
2018-092019-10-18990View PDF
...and 8 more Form 990s
Data update history
June 27, 2023
Updated personnel
Identified 6 new personnel
May 15, 2023
Used new vendors
Identified 2 new vendors, including , and
May 11, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from NC Idea
October 15, 2021
Posted financials
Added Form 990 for fiscal year 2020
October 9, 2021
Updated personnel
Identified 4 new personnel
Nonprofit Types
Business and community development organizationsResearch centers
Issues
Science and technologyHealthCommunity improvementPublic policyEconomic development
Characteristics
Conducts researchConservation easementState / local level
General information
Address
PO Box 12255
Research Triangle Park, NC 27709
Metro area
Durham-Chapel Hill, NC
County
Durham County, NC
Website URL
rtp.org/ 
Phone
(919) 549-8181
Facebook page
TheRTP 
Twitter profile
@thertp 
IRS details
EIN
56-0853674
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1956
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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