Iowa State University Research Park Corp
Donations deductibleRevenue
$14m
year to 30 June 2025
Expenses
$11.7m
year to 30 June 2025
Total assets
$100.4m
$80.1m liabilities
Net assets
$20.3m
assets less liabilities
Directors and trustees
12
4.4 years on average
Staff
0
employees, year to 30 June 2025
Chair observed
≥6 yrs
David Spalding
Left since last filing
0
no seats appear to have opened
Iowa State University Research Park Corp's network
12 people12 organisationsi12 people and 12 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (12). Violet dotted lines (13) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
12 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 12 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| David Spalding Chair | Chair | 2019 | 7 yrs |
| Deborah Durham | Director | 2023 | 3 yrs |
| Dr Brent Shanks | Director | 2023 | 3 yrs |
| Dr Laura Jolly | Director | 2024 | 2 yrs |
| Dr Matt Darr | Director | 2021 | 5 yrs |
| Dr Peter Dorhout | Director | 2023 | 3 yrs |
| Eric Peterson | Director | 2020 | 6 yrs |
| Paul Rupprecht | Director | 2023 | 3 yrs |
| Ron Hallenbeck | Director | 2025 | 1 yr |
| Sean Reeder | Director | 2025 | 1 yr |
| Steve Schuler | Vice Chairperson | 2019 | 7 yrs |
| Warren Madden | Secretary/Treasurer | 2019 | 7 yrs |
Officers and senior leadership
6 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Alison Doyle | Chief Relations Officer | since 2021 |
| Kyle Martin | Operations Manager | since 2023 |
| Nate Easter | Operations Manager | since 2020 |
| Rick Sanders | Ex-Officio | since 2020 |
| Sarah Nusser | Ex-Officio | since 2019 |
| Steven Carter | Ex-Officio | 2019 |
Pay and hours
year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Rick Sanders | Ex-Officio | 40 | $234k | ||
| Alison Doyle | Associate Director | 40 | $134k | ||
| Kyle Martin | Operations Manager | 40 | $109k | ||
| Dr Matt Darr | Director | 0 | $0 | ||
| Deborah Durham | Director | 0 | $0 | ||
| Dr Peter Dorhout | Director | 0 | $0 | ||
| David Spalding | Chair | 0 | $0 | ||
| Warren Madden | Secretary/Treasurer | 0 | $0 | ||
| Ron Hallenbeck | Director | 0 | $0 | ||
| Dr Laura Jolly | Director | 0 | $0 | ||
| Dr Brent Shanks | Director | 0 | $0 | ||
| Steve Schuler | Vice Chairperson | 0 | $0 | ||
| Sean Reeder | Director | 0 | $0 | ||
| Paul Rupprecht | Director | 0 | $0 | ||
| Eric Peterson | Director | 0 | $0 |
About
- Legal name
- Iowa State University Research Park Corp
- EIN
- 421309259
- Address
- 1805 Collaboration Pl Ste 1250, Ames, IA, 50010-9166
- State
- Iowa
- Mission
- Provide reduced rent to help iowa state university achieve research goals. To provide a material and human resource-rich environment where established technology related firms, services and research organizations can expand their opportunities; where young iowa-based companies can develop their potential; and where science and technology entrepreneurial ventures can take root in iowa. (as filed on the Form 990)
- Activity (NTEE)
- B110 Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 9 (IRS master file code)
- Formed
- 1998
- IRS ruling date
- 1 December 1998
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2025
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥7years on the filingsDavid Spalding
≥7years on the filingsSteve Schuler
≥7years on the filingsWarren Madden
≥6years on the filingsEric Peterson
Latest return
year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.- Total assets
- $100.4m
- Total liabilities
- $80.1m
- Net assets or fund balances
- $20.3m
- Contributions and grants received
- $884k
- Program service revenue
- $12.3m
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $14m | $11.7m | $2.4m |
As filed on the IRS Form 990. US dollars.
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Iowa State University Research Park likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: Iowa Secretary of State, active business entities (data.iowa.gov ez5t-3qay). Licence: CC BY 4.0. Attribution: Iowa Secretary of State. Data last fetched 18 October 2026.
- State
- Iowa
- Entity type
- Revised Domestic Non-Profit
- Status
- Active
- Formed
- 15 July 1987
- Registered agent
- Rick Sanders (city and state not held)