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Nonprofit · EIN 14-1875043

UMB HEALTH SCIENCES RESEARCH PARK CORPORATION

Tax-exempt · BALTIMORE, MD 21201

Financials

$3.4M$1.9M2022$2.3M$2.4M2023$3.6M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of UMB HEALTH SCIENCES RESEARCH PARK CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,611,274$2,284,775$1,326,499$19,191,281$1,468,277$17,723,004
June 30, 2024990$2,309,599$2,373,275-$63,676$17,897,910$1,265,387$16,632,523
June 30, 2023990$3,392,928$1,904,597$1,488,331$17,616,030$1,190,037$16,425,993
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$960,000
Program service revenue
$0
Investment income
$410,967
Net rental income
$2,195,383
Net gain from sales of assets
$36,072
Other revenue
$2,240,307

Expenses

Grants and similar amounts paid
$751,225
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$127,348
Occupancy
$267,180
Depreciation
$189,190
Program services (functional)
$2,145,868
Management and general (functional)
$138,907

Balance sheet and other

Total assets, start of year
$17,897,910
Total assets, end of year
$19,191,281
Total liabilities, end of year
$1,468,277
Net assets, end of year
$17,723,004
Land, buildings and equipment
$9,858,073
Publicly traded securities
$8,261,304
Net assets without donor restrictions
$15,699,204
Net assets with donor restrictions
$2,023,800
Gross receipts
$14,154,362
Employees
0
Volunteers
0
Year formed
2003
State of legal domicile
MD

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
JAMES L HUGHESPRESIDENT/EX OFFICIO DIREC
Officer
1$0$554,995$47,729
JANE M SHAABSECRETARY/EX OFFICIO DIREC
Officer
1$0$286,005$19,299
JANE ALLGAIRTREASURER
Officer
24$0$197,278$42,327
JOHN M PRUGHCHAIR
Trustee or director, Officer
1$0$0$0
JOHN M HAMILTONAUDIT CHAIR
Trustee or director
1$0$0$0
DR DAVID L DALTONDIRECTOR
Trustee or director
1$0$0$0
HAROLD E CHAPPELEARDIRECTOR
Trustee or director
1$0$0$0
RICHARD J HIMELFARBDIRECTOR
Trustee or director
1$0$0$0
HONORABLE JANET S OWENSDIRECTOR
Trustee or director
1$0$0$0
MARILYNN K DUKERDIRECTOR
Trustee or director
1$0$0$0
CHICKIE GRAYSONDIRECTOR
Trustee or director
1$0$0$0
RACHEL K KINGDIRECTOR
Trustee or director
1$0$0$0
GUY FILIPPELLIDIRECTOR
Trustee or director
1$0$0$0
PADRAIG FITZGERALDDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAMES L HUGHESPRESIDENT/EX OFFICIO DIREC
Officer
1$0$531,826$48,023
JANE M SHAABSECRETARY/EX OFFICIO DIREC
Officer
1$0$272,420$18,121
JANE ALLGAIRTREASURER (AS OF 11/02/2023)
Officer
24$0$161,486$22,857
LINDA CASSARDTREASURER (THRU 10/15/2023)
Former
24$160,371$0$0
JOHN M PRUGHCHAIR
Trustee or director, Officer
1$0$0$0
JOHN M HAMILTONAUDIT CHAIR
Trustee or director
1$0$0$0
DR DAVID L DALTONDIRECTOR
Trustee or director
1$0$0$0
HAROLD E CHAPPELEARDIRECTOR
Trustee or director
1$0$0$0
RICHARD J HIMELFARBDIRECTOR
Trustee or director
1$0$0$0
HONORABLE JANET S OWENSDIRECTOR
Trustee or director
1$0$0$0
MARILYNN K DUKERDIRECTOR
Trustee or director
1$0$0$0
CHICKIE GRAYSONDIRECTOR
Trustee or director
1$0$0$0
RACHEL K KINGDIRECTOR
Trustee or director
1$0$0$0
GUY FILIPPELLIDIRECTOR
Trustee or director
1$0$0$0
DONALD MUNROE PHDDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAMES L HUGHESPRESIDENT/EX OFFICIO DIRECTOR
Officer
1$0$462,605$44,011
JANE M SHAABSECRETARY/EX OFFICIO DIRECTOR
Officer
1$0$250,910$17,023
LINDA CASSARDTREASURER
Officer
24$188,475$0$0
JOHN M PRUGHCHAIR
Trustee or director, Officer
1$0$0$0
JOHN M HAMILTONAUDIT CHAIR
Trustee or director
1$0$0$0
DR DAVID L DALTONDIRECTOR
Trustee or director
1$0$0$0
HAROLD E CHAPPELEARDIRECTOR
Trustee or director
1$0$0$0
RICHARD J HIMELFARBDIRECTOR
Trustee or director
1$0$0$0
HONORABLE JANET S OWENSDIRECTOR
Trustee or director
1$0$0$0
MARILYNN K DUKERDIRECTOR
Trustee or director
1$0$0$0
DAVID HICKEYDIRECTOR
Trustee or director
1$0$0$0
RACHEL K KINGDIRECTOR
Trustee or director
1$0$0$0
GUY FILIPPELLIDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
620 W LEXINGTON STREET 4TH FLOOR, BALTIMORE, MD 21201-1508
Principal officer (990 for 2024)
JANE ALLGAIR, 620 W LEXINGTON STREET 4TH FLOOR, BALTIMORE, MD 21201
Signed the 990
JANE ALLGAIR, TREASURER
Phone
(410) 706-5236
Return prepared by
GROSS MENDELSOHN & ASSOCIATES PA

Mission

TO SUPPORT THE MISSIONS OF UNIVERSITY OF MARYLAND, BALTIMORE (UMB), A TAX-EXEMPT ORGANIZATION, INCLUDING THEIR CREATION OF THE UNIVERSITY OF MARYLAND BIOPARK. TO MAINTAIN THE BIOPARK AND MONITOR ALL LEASES, CONVENANTS AND RESTRICTIONS CONCERNING THE USES OF THE BIOPARK.

990 for the year ended June 30, 2025

Program accomplishments

  • TO HOLD, LEASE, MANAGE, AND ADMINISTER THE LAND AND REAL ESTATE KNOWN AS THE UNIVERSITY OF MARYLAND BIOPARK AND OTHER PROPERTY RELATED TO THE BIOPARK.TO SUPPORT ALL OF THE EDUCATIONAL, RESEARCH AND SUPPORT ACTIVITIES CONDUCTED BY AND ON BEHALF OF UMB.
    Expenses $2,145,868 · grants $751,225

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
14-1875043
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,191,281
Income (IRS master file)
$14,154,362

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,611,274$2,284,775$19,191,281IRS
990June 2024$2,309,599$2,373,275$17,897,910IRS
990June 2023$3,392,928$1,904,597$17,616,030XML
990June 2022$1,901,335$1,782,724$16,212,488IRS
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 14-1875043).

Questions about UMB HEALTH SCIENCES RESEARCH PARK CORPORATION

What is the EIN of UMB HEALTH SCIENCES RESEARCH PARK CORPORATION?
The employer identification number (EIN) of UMB HEALTH SCIENCES RESEARCH PARK CORPORATION is 14-1875043.
Is UMB HEALTH SCIENCES RESEARCH PARK CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to UMB HEALTH SCIENCES RESEARCH PARK CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UMB HEALTH SCIENCES RESEARCH PARK CORPORATION 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 UMB HEALTH SCIENCES RESEARCH PARK CORPORATION 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 UMB HEALTH SCIENCES RESEARCH PARK CORPORATION 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 UMB HEALTH SCIENCES RESEARCH PARK CORPORATION?
The 990 for the year ended June 30, 2025 names JANE ALLGAIR.
Who are the officers and directors of UMB HEALTH SCIENCES RESEARCH PARK CORPORATION?
The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does UMB HEALTH SCIENCES RESEARCH PARK CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,611,274, expenses of $2,284,775 and total assets of $19,191,281 at year end.

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