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TO PROVIDE SUPPORT FOR THE BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY (CONTINUED IN SCHEDULE O) AND TO PROMOTE, SPONSOR, ASSIST, AND CARRY OUT EDUCATIONAL, SCIENTIFIC, CHARITABLE AND RELATED ACTIVITIES AND OBJECTIVES OF MICHIGAN STATE UNIVERSITY.
Source: IRS Form 990 (Tax Year 2023)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2022
Total Revenue
▼$35.7M
Program Spending
87%
of total expenses go to program services
Total Contributions
$8.9M
Total Expenses
▼$29.2M
Total Assets
$600.4M
Total Liabilities
▼$79.4M
Net Assets
$520.9M
Officer Compensation
→$1.2M
Other Salaries
$3.3M
Investment Income
$23.2M
Fundraising
▼N/A
Tax Year 2022 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $18.2M
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
| EAST LANSING, MI | $17.6M | Cash | SUPPORT UNIVERSITY | |
GRIP MEDICAL PROPERTIES I LLC84-3182123 | PLYMOUTH, MI | $400K | Cash | MEDICAL RESEARCH |
SMART BRIDGE MEDICAL82-4340662 | PLYMOUTH, MI | $70.8K | Cash | STARTUP SUPPORT |
ELITE CARE TECHNOLOGIES92-3997730 | GRAND RAPIDS, MI | $15K | Cash | STARTUP SUPPORT |
JUSTAIR SOLUTIONS87-4112332 | GRAND RAPIDS, MI | $15K | Cash | STARTUP SUPPORT |
HEALTHBAR85-0943514 | GRAND RAPIDS, MI | $14.4K | Cash | STARTUP SUPPORT |
VETR HEALTH LLC88-2624352 | GRAND RAPIDS, MI | $13.7K | Cash | STARTUP SUPPORT |
REEL FREE LLC88-3193854 | WYOMING, MI | $11.3K | Cash | STARTUP SUPPORT |
BOXMAGIC | GRAND RAPIDS, MI | $10K | Cash | STARTUP SUPPORT |
RIGRAX | GRAND RAPIDS, MI | $9,540 | Cash | STARTUP SUPPORT |
PREEMIER85-1923535 | GRAND RAPIDS, MI | $7,780 | Cash | STARTUP SUPPORT |
TRUSTED RIDES | GRAND RAPIDS, MI | $7,000 | Cash | STARTUP SUPPORT |
CURACOLLABORATIVE LLC92-1174797 | GRAND RAPIDS, MI | $6,437 | Cash | STARTUP SUPPORT |
AUXIN GAMES | GRAND RAPIDS, MI | $6,000 | Cash | STARTUP SUPPORT |
FARMISH93-2751129 | GRAND RAPIDS, MI | $5,532 | Cash | STARTUP SUPPORT |
KOZI ALE83-2322546 | GRAND RAPIDS, MI | $5,005 | Cash | STARTUP SUPPORT |
| Total | $18.2M | |||
EAST LANSING, MI
$17.6M
PLYMOUTH, MI
$400K
PLYMOUTH, MI
$70.8K
GRAND RAPIDS, MI
$15K
GRAND RAPIDS, MI
$15K
GRAND RAPIDS, MI
$14.4K
GRAND RAPIDS, MI
$13.7K
WYOMING, MI
$11.3K
BOXMAGIC
GRAND RAPIDS, MI
$10K
RIGRAX
GRAND RAPIDS, MI
$9,540
GRAND RAPIDS, MI
$7,780
TRUSTED RIDES
GRAND RAPIDS, MI
$7,000
GRAND RAPIDS, MI
$6,437
AUXIN GAMES
GRAND RAPIDS, MI
$6,000
GRAND RAPIDS, MI
$5,532
GRAND RAPIDS, MI
$5,005
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$3.1M
Awards Found
3
National Science Foundation
$999.5K
NSF ENGINES DEVELOPMENT AWARD: ADVANCING A SUSTAINABLE ALTERNATIVE PACKAGING ECOSYSTEM IN THE GREAT LAKES REGION (MI, OH) -THIS NSF REGIONAL INNOVATION ENGINES DEVELOPMENT AWARD IS FOCUSED ON DEVELOPING ALTERNATIVE PACKAGING USING WASTE MATERIALS. IT SEEKS TO BUILD THE FOUNDATIONS OF AN ECOSYSTEM THAT WILL ADDRESS PACKAGING WASTE POLLUTION THROUGH A TOTAL TRANSFORMATION OF EXISTING PRACTICES VIA CONVERGENCE AND COORDINATION OF DIVERSE STAKEHOLDER GROUPS. ESSENTIALLY, THE GOALS ARE TO REDUCE THE AMOUNT OF PLASTIC MATERIAL IN LANDFILLS AND TO INCREASE THE LIFESPAN OF PLASTIC MATERIALS BY DEVELOPING AND/OR REFINING ALTERNATE MARKETS FOR PLASTICS USE. THE PROJECT IS LED BY MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION, WITH THE REGION OF SERVICE BROADLY DEFINED AS ENCOMPASSING THE GREAT LAKES REGION. THIS PROJECT WILL HELP CHANGE THE CURRENT TREATMENT OF PACKAGING AS WASTE INTO PROFITABLE FEEDSTOCKS THAT, COMBINED WITH AGRICULTURAL AND INDUSTRIAL WASTES, WILL SUPPLY THE PACKAGING SUPPLY CHAIN. THE GREAT LAKES REGION IS AN ECONOMIC POWERHOUSE REPRESENTING SOME OF THE LARGEST PAPER AND PLASTICS MANUFACTURERS AND END USERS. THE SHAPE ENGINE, THROUGH ITS ESTABLISHED, GROWING, AND DIVERSE ECOSYSTEM OF EDUCATIONAL INSTITUTIONS, GOVERNMENT ENTITIES, NON-PROFITS, COMMUNITIES, AND COMPANIES OF ALL SIZES, WILL SEAMLESSLY IDENTIFY AND FILL ALL THE GAPS IMPEDING SUSTAINABLE PACKAGING TODAY. THE EFFORT SEEKS TO ESTABLISH THE REGION AS A WORLD LEADER IN DECARBONIZED, CIRCULAR, BIO-BASED, AND RECYCLED PLASTIC AND PAPER PACKAGING THAT ADDRESSES UNITED NATION'S SUSTAINABLE DEVELOPMENT GOALS, AND ULTIMATELY COULD HELP OTHER REGIONS AND COUNTRIES MIRROR ITS SUCCESSFUL DEPLOYMENT AND INSTITUTIONALIZATION OF SUSTAINABLE PACKAGING. PARTNERSHIPS TO EXPAND TECHNOLOGY TRANSLATION, COMMERCIALIZATION, AND ENHANCED DEVELOPMENT OF A DIVERSE COMMUNITY WORKFORCE ARE KEY COMPONENTS THAT WILL BE ADDRESSED IN THIS PROJECT. THIS AWARD REFLECTS NSF'S STATUTORY MISSION AND HAS BEEN DEEMED WORTHY OF SUPPORT THROUGH EVALUATION USING THE FOUNDATION'S INTELLECTUAL MERIT AND BROADER IMPACTS REVIEW CRITERIA.- SUBAWARDS ARE PLANNED FOR THIS AWARD.
Department of Commerce
$385.4K
THE MATERIALS ADVANCEMENT AND RESEARCH SOLUTIONS (MARS) STRATEGY DEVELOPMENT CONSORTIUM WILL FOSTER A REGIONAL COALITION AND DEVELOP A STRATEGY TO ADVANCE SYNTHETIC DIAMOND?A LAB-MADE MATERIAL WIDELY USED AS COATING FOR INDUSTRIAL EQUIPMENT RANGING FROM SEMICONDUCTORS TO QUANTUM SENSORS?AND RARE ISOTOPE PRODUCTION.
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 2022 · 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: GROUP
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $35.7M | $8.9M | $29.2M | $600.4M | $520.9M |
| 2022IRS e-File | $35.7M | $8.9M | $29.2M | $600.4M | $520.9M |
| 2021 | $55.9M | $3.9M | $19.5M | $535.4M | $498.4M |
| 2020 | $16.7M | $1.7M | $24.2M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2022)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2022)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| David Washburn | Executive Director | 37 | $390.2K | $0 | $58.6K | $448.8K |
| Rebekah Skrzyniarz | Director Of Finance | 38 | $159.5K | $0 | $35K | $194.4K |
| Melissa Woo | President | 2 | $0 | $0 | $0 | $0 |
| Randolph Cowen | Chairman | 2 | $0 | $0 | $0 | $0 |
| Scott Eston | Vice Chairman | 2 | $0 | $0 | $0 | $0 |
| Bruce Leech | Treasurer | 2 | $0 | $0 | $0 | $0 |
| John Phillips | Secretary | 2 | $0 | $0 | $0 | $0 |
David Washburn
Executive Director
$448.8K
Hrs/Wk
37
Compensation
$390.2K
Related Orgs
$0
Other
$58.6K
Rebekah Skrzyniarz
Director Of Finance
$194.4K
Hrs/Wk
38
Compensation
$159.5K
Related Orgs
$0
Other
$35K
Melissa Woo
President
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Randolph Cowen
Chairman
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Scott Eston
Vice Chairman
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Bruce Leech
Treasurer
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
John Phillips
Secretary
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Jeffrey Wesley | Executive Director, Ventures | 40 | $305.4K | $0 | $53.2K | $358.7K |
| Frank Urban | Director Of Venture Creation | 40 | $150.2K | $0 | $41.2K | $191.5K |
| Prem Bodagala | Director Of Red Cedar Ventures | 40 | $160.4K | $0 |
Jeffrey Wesley
Executive Director, Ventures
$358.7K
Hrs/Wk
40
Compensation
$305.4K
Related Orgs
$0
Other
$53.2K
Frank Urban
Director Of Venture Creation
$191.5K
Hrs/Wk
40
Compensation
$150.2K
Related Orgs
$0
Other
$41.2K
Prem Bodagala
Director Of Red Cedar Ventures
$189K
Hrs/Wk
40
Compensation
$160.4K
Related Orgs
$0
Other
$28.6K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Douglas Gage | Director | 2 | $0 | $0 | $0 | $0 |
| Janice Stipp | Director | 2 | $0 | $0 | $0 | $0 |
| Jeffrey Degraaf | Director | 2 | $0 | $0 | $0 | $0 |
| Joel Wittenberg | Director | 2 | $0 | $0 | $0 | $0 |
| Jon Braeutigam | Director | 2 | $0 | $0 | $0 | $0 |
| Kermitt Brooks | Director |
Douglas Gage
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Janice Stipp
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Jeffrey Degraaf
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $407.2M |
| $379.9M |
| 2019 | $39M | $2.3M | $21.6M | $419.8M | $391.6M |
| 2018 | $31.7M | $9.3M | $44.4M | $420.9M | $388.6M |
| 2017 | $17.4M | $4.3M | $19.7M | $427.1M | $392.2M |
| 2016 | $28.8M | $7.6M | $21.3M | $388.9M | $356.7M |
| 2015 | $29.5M | $5.9M | $23.6M | $420.6M | $383.9M |
| 2014 | $15.6M | $5.4M | $21.2M | $428.8M | $389.9M |
| 2013 | $33.1M | $6.6M | $21.8M | $390.6M | $357M |
| 2012 | $12.8M | $9M | $20.5M | $375.4M | $342.1M |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 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 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| $28.6K |
| $189K |
| Bradley Fingland | Director Of Venture Creation | 40 | $147.1K | $0 | $31K | $178.1K |
| Kyle Mcgregor | Director Of Health Innovation | 40 | $131.6K | $0 | $0 | $131.6K |
| Matt Okoneski | Venture Associate | 40 | $115.7K | $0 | $4,973 | $120.7K |
Bradley Fingland
Director Of Venture Creation
$178.1K
Hrs/Wk
40
Compensation
$147.1K
Related Orgs
$0
Other
$31K
Kyle Mcgregor
Director Of Health Innovation
$131.6K
Hrs/Wk
40
Compensation
$131.6K
Related Orgs
$0
Other
$0
Matt Okoneski
Venture Associate
$120.7K
Hrs/Wk
40
Compensation
$115.7K
Related Orgs
$0
Other
$4,973
| 2 |
| $0 |
| $0 |
| $0 |
| $0 |
| Linda Hubbard | Director | 2 | $0 | $0 | $0 | $0 |
| Melanie Foster | Director (thru 12/22) | 2 | $0 | $0 | $0 | $0 |
| Norm Beauchamp | Director (as Of 06/23) | 2 | $0 | $0 | $0 | $0 |
| Pat O'Keefe | Director (thru 12/22) | 2 | $0 | $0 | $0 | $0 |
| Patricia Hemingway Hall | Director | 2 | $0 | $0 | $0 | $0 |
| Samuel L Stanley Jr Md | Director (thru 11/22) | 2 | $0 | $0 | $0 | $0 |
| Stan Sokolowski | Director | 2 | $0 | $0 | $0 | $0 |
| Teresa Woodruff | Director | 2 | $0 | $0 | $0 | $0 |
| Thomas Jeitschko | Director (as Of 11/22) | 2 | $0 | $0 | $0 | $0 |
| William Seifert | Director | 2 | $0 | $0 | $0 | $0 |
Joel Wittenberg
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Jon Braeutigam
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Kermitt Brooks
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Linda Hubbard
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Melanie Foster
Director (thru 12/22)
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Norm Beauchamp
Director (as Of 06/23)
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Pat O'Keefe
Director (thru 12/22)
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Patricia Hemingway Hall
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Samuel L Stanley Jr Md
Director (thru 11/22)
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Stan Sokolowski
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Teresa Woodruff
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Thomas Jeitschko
Director (as Of 11/22)
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
William Seifert
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0