2022-10-04T13:22:02-04:00 2022-06-30 382706146 YEO & YEO PC P O BOX 248 ALMA MI 48801 990 2021-07-01 364500805 CENTRAL MICHIGAN UNIVERSITY RESEARCH CORPORATION CENT 9897742424 CENTRAL MICHIGAN UNIVERSITY MT PLEASANT MI 48858 ERIN STRANG PRESIDENT/CEO 9897742424 2022-09-29 true ERIN STRANG 999009999 ALI N BARNES P01311128 9894636108 2022-09-29 2021 2022-09-23 18:48:47Z ERIN STRANG 2625 DENISON DR MT PLEASANT MI 48858 1534681 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 845207 970544 119338 104052 315 205 425783 459880 1390643 1534681 0 0 442205 502150 0 0 994929 1137779 1437134 1639929 -46491 -105248 2118644 2137264 430023 373213 1688621 1764051 TO RECEIVE, ADMINISTER, AND DISTRIBUTE FUNDS TO PROMOTE AND ENCOURAGE RESEARCH, SCHOLARSHIP, CREATIVE ACTIVITIES, AND OTHER APPLIED RESEARCH AND TECHNOLOGY AT CMU. false false 1229208 104052 ASSISTED VARIOUS COMPANIES BY PROVIDING THEM WITH MARKET RESEARCH AND START UP SUPPORT. 1229208 true true false false false false false false false false true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 16 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 NICHOLAS LONG TREASURER 1.00 X X 0 0 0 TOBY ROTH SECRETARY 1.00 X X 0 0 0 CHRIS MOBERG DIRECTOR 1.00 X 0 0 0 DAVID WEINDORF DIRECTOR 1.00 X 0 0 0 JULIE MESSING DIRECTOR 1.00 X 0 0 0 RAY CHRISTIE DIRECTOR 1.00 X 0 0 0 RICHARD K STUDLEY DIRECTOR 1.00 X 0 0 0 DANIEL DRALLE DIRECTOR 1.00 X 0 0 0 RAYMOND GUNN DIRECTOR 1.00 X 0 0 0 WILLIAM KIMBELL JR DIRECTOR 1.00 X 0 0 0 KIMBERLY NORRIS 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 118548 0 18316 LAWRENCE HERRIMAN PROGRAMS DIR X 105769 0 8091 224317 26407 2 false false 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 141667 SSP DEVELOPMENT IV LLC 1100 S WASHINGTON AVE SAGINAW MI 48601 RENT-CHARGES 139040 3 718957 251587 970544 ACCELERATOR REVENUE 561499 84252 84252 PROJECT REVENUE 561499 19800 19800 104052 205 205 459880 459880 459880 459880 1534681 563932 205 142700 71350 71350 305365 124356 181009 11563 4654 6909 8583 5874 2709 33939 14779 19160 49906 46656 3250 33429 33429 11589 6488 5101 40312 33295 7017 819427 763434 55993 14762 8265 6497 77219 71942 5277 17064 9554 7510 ACCELERATOR FUND EXPENSE 61552 61552 OTHER 10350 5795 4555 PROFESSIONAL DEVELOPMENT 1619 906 713 DUES, LICENSES AND SUBSCR 550 308 242 1639929 1229208 410721 0 -51677 -83204 621003 787588 69744 63734 1 1 33325 1734327 385076 1426470 1349251 13664 13780 6114 6114 2118644 2137264 72713 59437 20163 72397 94707 242440 241379 430023 373213 X 1688621 1764051 1688621 1764051 2118644 2137264 X -105248 185796 -5118 X false true X true false X X 1 CENTRAL MICHIGAN UNIVERSITY CENTRAL MICHIGAN UNIVERSITY 364500805 6 true 1234326 0 1 1234326 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 1434971 181214 1253757 299356 203862 95494 1349251 DEVELOPMENT FUNDS PAYABLE 239061 SECURITY DEPOSIT 2318 241379 1720477 185796 185796 1534681 1534681 1645047 5118 5118 1639929 1639929 SCHEDULE D, PAGE 4, PART XI, LINE 2D NET INVESTMENT GAIN 185,796 SCHEDULE D, PAGE 4, PART XII, LINE 2D BAD DEBT EXPENSE 5,118 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. 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