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University Heights Science and Technology Park Inc.

University Heights Science and Technology Park Inc.

Newark, NJ 07102
Tax ID22-3191573

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About this organization

Revenue

$61,838

Expenses

$5,684

Mission

To serve as a catalyst for economic and scientific research at Newark's higher education institutions to attract new enterprises to the University Heights neighborhood.

About

To serve as a catalyst for economic and community development by utilizing the scientific research at Newark's higher education institutions as a force to attract technology-based and other enterprises to the University Heights neighborhood. UHSP is coordinating the development of the science park, a mixed-use new technology park encompassing a 50-acre site in the central ward of the city of Newark, New Jersey. The master plan for the park includes 1,000,000 square feet of office, technology, and incubator space, mixed income housing, community facilities and services, a new math and science high school and retail space. To date, 352,000 square feet of office, research and incubator space has been completed in science park together with 26 units of moderate-income owner occupied housing and a 101 child daycare center. A 40,000 square foot addition to the international center for public health is under construction. The digital century center, a 100,000 square foot mixed technology building is in planning.

Interesting data from their 2020 990 filing

The non-profit's mission, as described in the filing, is “The organization was established to serve as a catalyst for economic and community development by utilizing the scientific research at newark's higher education institutions as a force to attract technology-based and other enterprises to the university heights neighborhood. uhsp is coordinating the development of the science park, a mixed-use new technology park encompassing a 50-acre site in the central ward of the city of newark, new jersey. the master plan for the park includes 1,000,000 square feet of office, technology, and incubator space, mixed income housing, community facilities and services, a new math and science high school and retail space. to date, 352,000 square feet of office, research and incubator space has been completed in science park together with 26 units of moderate-income owner occupied housing and a 101 child daycare center. the new science park high school opened in november 2006. a 40,000 square foot addition to the international center for public health is”.

When describing its duties, they were characterized as: “To serve as a catalyst for economic and scientific research at newark's higher education institutions to attract new enterprises to the university heights neighborhood.”.

  • The non-profit has complied with legal regulations by reporting their state of operation as NJ.
  • The filing shows that the non-profit's address as of 2020 is FENSTER HALL ROOM 577, NEWARK, NJ, 07102.
  • As of 2020, the non-profit has reported a total of 0 employees on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are less than $100,000.
  • Revenue is less than $100,000.
  • Revenue less expenses is $56,154.
  • The compensation policy for the CEO of the organization is not determined through an impartial evaluation and endorsement.
  • The organization has 13 independent voting members.
  • The organization was formed in 2006.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization's financial statements were reviewed by an accountant.

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