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Nonprofit · EIN 05-0526470

SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY

Tax-exempt · GLASSBORO, NJ 08028

Financials

$1.5M$1.4M2022$1.6M$1.5M2023$1.8M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,783,075$1,659,964$123,111$26,720,816$19,476,044$7,244,772
June 30, 2024990$1,592,750$1,476,075$116,675$28,112,147$20,990,486$7,121,661
June 30, 2023990$1,547,350$1,350,816$196,534$29,485,852$22,480,866$7,004,986
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,152,516
Investment income
$395,059
Other revenue
$235,500

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$113,654
Salaries, compensation and benefits (total)
$124,565
Professional fundraising fees
$0
Legal fees
$822
Accounting fees
$39,047
Occupancy
$54,835
Travel
$1,980
Depreciation
$584,368
Program services (functional)
$1,310,462
Management and general (functional)
$349,502

Balance sheet and other

Total assets, start of year
$28,112,147
Total assets, end of year
$26,720,816
Total liabilities, end of year
$19,476,044
Net assets, end of year
$7,244,772
Land, buildings and equipment
$11,192,873
Net assets without donor restrictions
$7,244,772
Gross receipts
$1,783,075
Employees
3
Volunteers
17
Year formed
2002
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR ALI A HOUSHMANDDIRECTOR (PRES. OF ROWAN UNIVERSITY)
Trustee or director
1$0$931,208$232,261
JOSEPH F SCULLY JRFORMER EXECUTIVE DIRECTOR
Former
0$0$394,792$39,819
JOSEPH A CAMPBELLFORMER EXECUTIVE DIRECTOR
Former
0$0$280,477$54,254
ANTHONY J PERNOEXECUTIVE DIRECTOR
Officer
5$0$204,615$50,449
MICHAEL MUHLBAIER CHAIR ASOF JAN 2025 (FAC., ROWAN UNIVERSITY)
Trustee or director, Officer
2$0$0$0
LAWRENCE DIVIETRO JRVICE CHAIR AS OF JAN 2025
Trustee or director, Officer
2$0$0$0
CHRISTINE BUTEASTREASURER AS OF JAN 2025
Trustee or director, Officer
2$0$0$0
JAMES TARANGELOTREASURER THRU JAN 2025
Trustee or director, Officer
2$0$0$0
MARLENE ASSELTASECRETARY
Trustee or director, Officer
2$0$0$0
ISABELITA ABELEDIRECTOR
Trustee or director
1$0$0$0
AAYAZ FAREEDDIRECTOR
Trustee or director
1$0$0$0
PATRICK JEFFREYDIRECTOR
Trustee or director
1$0$0$0
HEATHER LAFRANCEDIRECTOR
Trustee or director
1$0$0$0
LINDA M ROHRERDIRECTOR
Trustee or director
1$0$0$0
MICHAEL REAGANDIRECTOR
Trustee or director
1$0$0$0
5 more people on this return
NameTitleHours / weekCompensation
ED REMSTERDIRECTOR
Trustee or director
1$0
MICHELLE SHIREYDIRECTOR
Trustee or director
1$0
MANNING SMITH IIIDIRECTOR
Trustee or director
1$0
PHILIP J VAVALADIRECTOR
Trustee or director
1$0
GENEVIEVE E WITTDIRECTOR THRU APR 2025
Trustee or director
1$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR ALI HOUSHMANDDIRECTOR (PRES. OF ROWAN UNIVERSITY)
Trustee or director
1$0$988,394$226,647
JOSEPH F SCULLY JRFORMER EXECUTIVE DIRECTOR
Former
0$0$383,792$38,889
JOSEPH CAMPBELLEXECUTIVE DIRECTOR THRU MAR 2024
Officer
5$0$264,240$52,893
ANTHONY PERNOEXECUTIVE DIRECTOR AS OF MAR 2024
Officer
5$0$48,768$6,717
SAMUEL HOFBAUER DIRECTOR MDPHD STUD,ROWAN UNIV.)THRU SEPT 2023
Trustee or director
1$0$34,913$0
ALEXANDRA M LEHMAN-CHONG DIR(PHD STUD,ROWAN UNIV.)THRU SEPT 2023
Trustee or director
1$0$33,932$0
MICHAEL MUHLBAIERVICE CHAIR (FAC., ROWAN UNIVERSITY)
Trustee or director, Officer
2$0$6,820$0
LAWRENCE DIVIETRO JRCHAIR
Trustee or director, Officer
2$0$0$0
JAMES TARANGELOTREASURER
Trustee or director, Officer
2$0$0$0
MARLENE ASSELTASECRETARY
Trustee or director, Officer
2$0$0$0
ISABELITA ABELEDIRECTOR
Trustee or director
1$0$0$0
CHRISTINE BUTEASDIRECTOR
Trustee or director
1$0$0$0
ED REMSTERDIRECTOR
Trustee or director
1$0$0$0
MICHELLE SHIREYDIRECTOR
Trustee or director
1$0$0$0
MANNING SMITH IIIDIRECTOR
Trustee or director
1$0$0$0
GENEVIEVE E WITTDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR ALI HOUSHMANDDIRECTOR (PRES. OF ROWAN UNIVERSITY)
Trustee or director
1$0$1,038,326$163,314
JOSEPH F SCULLY JRFORMER EXECUTIVE DIRECTOR
Former
0$0$361,378$43,958
JOSEPH CAMPBELLEXECUTIVE DIRECTOR
Officer
5$0$258,479$47,156
AHMED SAIDI DIRECTOR PHDSTUD,ROWAN UNIV) THRU SEPT 2022
Trustee or director
1$0$49,635$1,608
ALEXANDRA M LEHMAN-CHONGDIRECTOR (PHD STUD,ROWAN UNIVERSITY)
Trustee or director
1$0$33,294$0
SAMUEL HOFBAUER DIRECTOR(MD/PHD STUD,ROWAN UNIVERSITY)
Trustee or director
1$0$31,219$0
MICHAEL MUHLBAIERVICE CHAIR (FAC., ROWAN UNIVERSITY)
Trustee or director, Officer
2$0$6,520$0
LAWRENCE DIVIETRO JRCHAIR
Trustee or director, Officer
2$0$0$0
JAMES TARANGELOTREASURER
Trustee or director, Officer
2$0$0$0
MARLENE ASSELTASECRETARY
Trustee or director, Officer
2$0$0$0
ISABELITA ABELEDIRECTOR
Trustee or director
1$0$0$0
CHRISTINE BUTEASDIRECTOR
Trustee or director
1$0$0$0
RAHIL KHEIRKHAHDIRECTOR THRU SEPT 2022
Trustee or director
1$0$0$0
ED REMSTERDIRECTOR
Trustee or director
1$0$0$0
MICHELLE SHIREYDIRECTOR
Trustee or director
1$0$0$0
MANNING SMITH IIIDIRECTOR
Trustee or director
1$0$0$0
GENEVIEVE E WITTDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
201 MULLICA HILL RD, GLASSBORO, NJ 08028-1700
In care of
% JOSEPH F SCULLY
Principal officer (990 for 2024)
GREGORY MONTANARO, 201 MULLICA HILL ROAD, GLASSBORO, NJ 08028
Signed the 990
GREGORY MONTANARO, ACTING EXECUTIVE DIRECTOR
Phone
(856) 256-4099
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

TO EXPAND AND STRENGTHEN THE UNIQUE RESEARCH AND LEARNING ENVIRONMENT OF ROWAN UNIVERSITY; ESTABLISH A TECHNOLOGY-BASED ENTREPRENEURIAL ECONOMY; AND CREATE VALUE FOR ITS SURROUNDING COMMUNITIES IN THEIR ECONOMIC, PHYSICAL AND SOCIAL DEVELOPMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY, INC. PROVIDES COMPETITIVELY PRICED, CLASS "A" FACILITIES FOR START-UP AND ESTABLISHED COMPANIES THAT BRING INNOVATIVE TECHNOLOGIES TO THE MARKETPLACE AND SERVES AS A HOME FOR TECHNOLOGY-FOCUSED RESEARCHERS, INVENTORS, ENTREPRENEURS, PROFESSORS, AND STUDENTS. THE ORGANIZATION EXCLUSIVELY SUPPORTS THE CHARITABLE AND EDUCATIONAL MISSION OF ROWAN UNIVERSITY, A PUBLIC RESEARCH INSTITUTION WITHIN THE SYSTEM OF HIGHER EDUCATION OF NEW JERSEY. IT SERVES AS A HUB AND CATALYST FOR INNOVATION AND COLLABORATION AMONG ROWAN UNIVERSITY AND ITS CURRENT AND FUTURE PARTNERS.
    Expenses $1,310,462 · revenue $1,152,516

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
05-0526470
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2002
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$26,720,816
Income (IRS master file)
$1,783,075

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,783,075$1,659,964$26,720,816IRS
990June 2024$1,592,750$1,476,075$28,112,147IRS
990June 2023$1,547,350$1,350,816$29,485,852XML
990June 2022$1,516,682$1,296,654$30,706,458IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-0526470).

Questions about SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY

What is the EIN of SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY?
The employer identification number (EIN) of SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY is 05-0526470.
Is SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY?
The 990 for the year ended June 30, 2025 names GREGORY MONTANARO.
Who are the officers and directors of SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 20 people; 0 received compensation from the organization.
How much revenue does SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,783,075, expenses of $1,659,964 and total assets of $26,720,816 at year end.

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