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THE ORGANIZATION WAS ESTABLISHED TO RECEIVE, HOLD, INVEST, AND ADMINISTER PROPERTY AND TO MAKE EXPENDITURES TO OR FOR THE EXCLUSIVE BENEFIT OF FGCU OR A RESEARCH AND DEVELOPMENT PARK OR RESEARCH AND DEVELOPMENT AUTHORITY AFFILIATED WITH THE UNIVERSITY.
Source: IRS Form 990 (Tax Year 2025)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$20.7M
Program Spending
99%
of total expenses go to program services
Total Contributions
$19.1M
Total Expenses
▼$21.9M
Total Assets
$175.7M
Total Liabilities
▼$140.3M
Net Assets
$35.4M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$1.6M
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2025 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: SOUNK
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $20.7M | $19.1M | $21.9M | $175.7M | $35.4M |
| 2023IRS e-File | $19.2M | $17.4M | $23.7M | $184.6M | $36.6M |
| 2022 | $19.3M | $19.1M | $15.4M | $204.9M | $40.1M |
| 2021 | $20.2M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2025 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2024 | 990 | DataIRS e-File | |
| 2023 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2025)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Aysegul Timur | Pres Of Uni/ | 5 | $0 | $687K | $58.8K | $745.8K |
| David Vazquez | Executive Di | 40 | $0 | $301.1K | $40.3K | $341.3K |
| Joseph Catti | Director/cha | 5 | $0 | $0 | $0 | $0 |
| Larry Hart | Director/tre | 5 | $0 | $0 | $0 | $0 |
| Steve Mcintosh | Director/sec | 5 | $0 | $0 | $0 | $0 |
Aysegul Timur
Pres Of Uni/
$745.8K
Hrs/Wk
5
Compensation
$0
Related Orgs
$687K
Other
$58.8K
David Vazquez
Executive Di
$341.3K
Hrs/Wk
40
Compensation
$0
Related Orgs
$301.1K
Other
$40.3K
Joseph Catti
Director/cha
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Larry Hart
Director/tre
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Steve Mcintosh
Director/sec
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Jim Knupp | Director | 5 | $0 | $0 | $0 | $0 |
| Martin Wasmer | Director | 5 | $0 | $0 | $0 | $0 |
| Richard Eide | Director | 5 | $0 | $0 | $0 | $0 |
Jim Knupp
Director
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Martin Wasmer
Director
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Richard Eide
Director
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Individuals who previously served as officers or key employees.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Michael Martin | Former Pres | — | $0 | $233.3K | $0 | $233.3K |
Michael Martin
Former Pres
$233.3K
Hrs/Wk
—
Compensation
$0
Related Orgs
$233.3K
Other
$0
| $19.7M |
| $14.3M |
| $208.2M |
| $36.2M |
| 2020 | $19.4M | $18.4M | $17.6M | $210.7M | $30.2M |
| 2019 | $20M | $19.1M | $16.9M | $220.7M | $28.5M |
| 2018 | $19.1M | $18.6M | $18.9M | $222.7M | $25.4M |
| 2017 | $18.7M | $18.3M | $24.5M | $228.4M | $25.2M |
| 2016 | $20.7M | $20.2M | $23.1M | $244.3M | $31M |
| 2015 | $20.1M | $19.6M | $21M | $258.7M | $33.4M |
| 2014 | $18.5M | $18.2M | $14.8M | $266M | $34.4M |
| 2013 | $18.5M | $18.1M | $25.5M | $265.8M | $30.7M |
| 2012 | $14.9M | $14.3M | $11.5M | $245M | $37.7M |
| 2022 | 990 | Data |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data | PDF not yet published by IRS |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | — |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |