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Nonprofit · EIN 16-1704454

PARALLAX ADVANCED RESEARCH CORP

Tax-exempt · BEAVERCRK TWP, OH 45431

Financials

$46M$45.8M2022$57.5M$56.3M2023$83M$83M2024
Revenue Expenses · by fiscal year end
Financials of PARALLAX ADVANCED RESEARCH CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$82,994,226$83,009,715-$15,489$65,126,667$60,629,592$4,497,075
June 30, 2024990$57,477,017$56,320,561$1,156,456$27,590,845$23,078,281$4,512,564
June 30, 2023990$45,989,638$45,816,869$172,769$23,131,458$19,775,350$3,356,108
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$82,979,440
Investment income
$14,786
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$23,653,404
Salaries, compensation and benefits (total)
$23,653,404
Professional fundraising fees
$0
Legal fees
$659,555
Accounting fees
$32,700
Occupancy
$865,115
Travel
$723,420
Depreciation
$497,865
Program services (functional)
$56,622,793
Management and general (functional)
$26,386,922

Balance sheet and other

Total assets, start of year
$27,590,845
Total assets, end of year
$65,126,667
Total liabilities, end of year
$60,629,592
Net assets, end of year
$4,497,075
Land, buildings and equipment
$5,286,323
Gross receipts
$83,304,757
Employees
216
Year formed
2004
State of legal domicile
OH

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 / weekCompensation
DENNIS ANDERSHCEO & PRESID
Trustee or director, Officer
40$360,556
MICHAEL R JOHANSONKEY EMPLOYEE
Key employee
40$295,000
RANDALL W CHAPMANKEY EMPLOYEE
Key employee
40$290,000
MICHAEL SIMONKEY EMPLOYEE
Key employee
40$285,000
TIMOTHY MCCARTNEYKEY EMPLOYEE
Key employee
40$270,000
BRUCE HOWARDKEY EMPLOYEE
Key employee
40$253,816
ANDREW GYEKENYESIKEY EMPLOYEE
Key employee
40$250,000
MATTHEW MOLINEAUXKEY EMPLOYEE
Key employee
40$247,500
CHRIS HOCEVARCFO & TREASU
Officer
40$247,169
DAVID GROSSKEY EMPLOYEE
Key employee
40$247,126
ANTHONY GILLESPIEKEY EMPLOYEE
Key employee
40$235,000
ROBERT DIRGOKEY EMPLOYEE
Key employee
40$225,000
STEVEN HARBOURKEY EMPLOYEE
Key employee
40$225,000
LEIGH OLDHAMVP OF HR & S
Officer
40$220,000
DANIEL PIERRONKEY EMPLOYEE
Key employee
40$220,000
37 more people on this return
NameTitleHours / weekCompensation
SCOTT MCAFFRYKEY EMPLOYEE
Key employee
40$220,000
RYAN STABLERKEY EMPLOYEE
Key employee
40$215,000
JAMES BRIDGERSKEY EMPLOYEE
Key employee
40$215,000
MICHAEL BUCKKEY EMPLOYEE
Key employee
40$213,000
TODD S IRLBECKKEY EMPLOYEE
Key employee
40$210,000
FAITH M CHAMBERLAINKEY EMPLOYEE
Key employee
40$210,000
MARY MARGARET EVANSKEY EMPLOYEE
Key employee
40$207,513
GREGORY FEITSHANSKEY EMPLOYEE
Key employee
40$205,000
JOHN KOVACHICHKEY EMPLOYEE
Key employee
40$200,000
LJ EADSKEY EMPLOYEE
Key employee
40$195,395
JASON DAVISKEY EMPLOYEE
Key employee
40$195,000
KYLE PREUSSKEY EMPLOYEE
Key employee
40$195,000
JUSTIN TULLOSKEY EMPLOYEE
Key employee
40$192,000
JOHN OWENKEY EMPLOYEE
Key employee
40$180,000
PHILIP MORGANKEY EMPLOYEE
Key employee
40$179,460
BRYAN ROTHKEY EMPLOYEE
Key employee
40$177,775
MARY FRAMEKEY EMPLOYEE
Key employee
40$170,797
GAYLE ROMINGERDIRECTOR
Trustee or director
0$0
CD MOORE LT GENERALCHAIR
Trustee or director, Officer
0$0
WAYNE DENNY JRVICE CHAIR
Trustee or director
0$0
LLOYD FIELDSDIRECTOR
Trustee or director
0$0
MICHAEL HRIPKODIRECTOR
Trustee or director
0$0
RICHARD GRAFDIRECTOR
Trustee or director
0$0
JEFF STANLEYDIRECTOR
Trustee or director
0$0
GREG MORRISDIRECTOR
Trustee or director
0$0
CARMEL ORTIZDIRECTOR
Trustee or director
0$0
WANDA GAMBLEDIRECTOR
Trustee or director
0$0
DR MICHAEL FARRELLDIRECTOR
Trustee or director
0$0
SUSAN THORNTONDIRECTOR
Trustee or director
0$0
GARY KESSLERDIRECTOR
Trustee or director
0$0
DR RICHARD JOSEPHDIRECTOR
Trustee or director
0$0
BRIG GEN RET DR DAVID TRYBULADIRECTOR
Trustee or director
0$0
DR J MICHAEL OAKESDIRECTOR
Trustee or director
0$0
DR CHRISTINA BLOEBAUMDIRECTOR
Trustee or director
0$0
GAIL DOMAN-SMITHDIRECTOR
Trustee or director
0$0
DR CARLOS GRODSINSKYDIRECTOR
Trustee or director
0$0
DR ED HERDERICKDIRECTOR
Trustee or director
0$0
990 for the year ended June 30, 2024: 58 people
NameTitleHours / weekCompensation
DENNIS ANDERSHCEO & PRESID
Trustee or director, Officer
40$377,288
MICHAEL SIMONKEY EMPLOYEE
Key employee
40$341,274
JOHN SANKOVICKEY EMPLOYEE
Key employee
40$310,051
MARK BARTMANKEY EMPLOYEE
Key employee
40$309,543
VIKTORIA GREANYAKEY EMPLOYEE
Key employee
40$283,440
MIKE PEARSALLCOO & SECRET
Officer
40$281,970
DAVID GROSSKEY EMPLOYEE
Key employee
40$268,812
BRUCE HOWARDKEY EMPLOYEE
Key employee
40$262,246
CHRIS HOCEVARCFO
Officer
40$255,478
GAIL WALTERSKEY EMPLOYEE
Key employee
40$250,542
MATTHEW MOLINEAUXKEY EMPLOYEE
Key employee
40$249,403
ANDREW GYEKENYESIKEY EMPLOYEE
Key employee
40$247,120
ANTHONY GILLESPIEKEY EMPLOYEE
Key employee
40$231,338
ROBERT DIRGOKEY EMPLOYEE
Key employee
40$231,203
MARY MARGARET EVANSKEY EMPLOYEE
Key employee
40$229,424
TIMOTHY MCCARTNEYKEY EMPLOYEE
Key employee
40$228,182
MARY WILLIAMSKEY EMPLOYEE
Key employee
40$223,879
MRITYUNJAY SINGHKEY EMPLOYEE
Key employee
40$223,806
FRANK DIGIOVANNIKEY EMPLOYEE
Key employee
40$223,457
SCOTT MCAFFRYKEY EMPLOYEE
Key employee
40$222,894
JUSTIN TULLOSKEY EMPLOYEE
Key employee
40$214,842
RYAN STABLERKEY EMPLOYEE
Key employee
40$214,124
MICHAEL BUCKKEY EMPLOYEE
Key employee
40$211,283
ROBERT TANNERKEY EMPLOYEE
Key employee
40$204,612
THEODORE PERRYKEY EMPLOYEE
Key employee
40$200,963
KEITH BOWMANKEY EMPLOYEE
Key employee
40$200,335
PHILIP MORGANKEY EMPLOYEE
Key employee
40$199,324
JAMES BRIDGERSKEY EMPLOYEE
Key employee
40$195,053
LJ EADSKEY EMPLOYEE
Key employee
40$193,462
DARRELL LOCHTEFELDKEY EMPLOYEE
Key employee
40$193,389
JASON DAVISKEY EMPLOYEE
Key employee
40$186,789
JUSTIN MORGANKEY EMPLOYEE
Key employee
40$185,774
KYLE PREUSSKEY EMPLOYEE
Key employee
40$185,007
CASIMIR SUCHYTA IIIKEY EMPLOYEE
Key employee
40$184,943
BRYAN ROTHKEY EMPLOYEE
Key employee
40$182,613
JESSICA PACHECOKEY EMPLOYEE
Key employee
40$181,379
DANIEL PIERRONKEY EMPLOYEE
Key employee
40$180,795
CD MOORE LT GENERALCHAIR
Trustee or director, Officer
–$0
LLOYD FIELDSDIRECTOR
Trustee or director
–$0
GAYLE ROMINGERDIRECTOR
Trustee or director
–$0
MICHAEL HRIPKODIRECTOR
Trustee or director
–$0
RICHARD GRAFDIRECTOR
Trustee or director
–$0
JEFF STANLEYDIRECTOR
Trustee or director
–$0
DOUG EBERSOLEVICE CHAIR
Trustee or director, Officer
–$0
GREG MORRISDIRECTOR
Trustee or director
–$0
CARMEL ORTIZDIRECTOR
Trustee or director
–$0
WANDA GAMBLEDIRECTOR
Trustee or director
–$0
SUSAN THORNTONDIRECTOR
Trustee or director
–$0
DR MICHAEL FARRELLDIRECTOR
Trustee or director
–$0
GARY KESSLERDIRECTOR
Trustee or director
–$0
DR RICHARD JOSEPHDIRECTOR
Trustee or director
–$0
WAYNE DENNYDIRECTOR
Trustee or director
–$0
DR CHRISTINA BLOEBAUMDIRECTOR
Trustee or director
–$0
GAIL DOMAN-SMITHDIRECTOR
Trustee or director
–$0
DR CARLOS GRODSINSKYDIRECTOR
Trustee or director
–$0
DR ED HERDERICKDIRECTOR
Trustee or director
–$0
DR DOUGLAS MATTYDIRECTOR
Trustee or director
–$0
DR J MICHAEL OAKESDIRECTOR
Trustee or director
–$0
990 for the year ended June 30, 2023: 54 people
NameTitleHours / weekCompensation
DENNIS ANDERSHCEO & PRESID
Trustee or director, Officer
40$369,393
VIKTORIA GREANYAKEY EMPLOYEE
Key employee
–$292,972
MICHAEL PEARSALLTREASURER/SE
Officer
40$271,380
MARY MARGARET EVANSSECRETARY
Officer
40$266,625
FRANK DIGIOVANNIKEY EMPLOYEE
Key employee
–$265,469
DARRELL LOCHTEFELDKEY EMPLOYEE
Key employee
–$259,411
BRUCE HOWARDKEY EMPLOYEE
Key employee
–$258,201
ROBERT TANNERKEY EMPLOYEE
Key employee
–$253,416
DAVID GROSSKEY EMPLOYEE
Key employee
–$250,653
HENRY PARUNAKKEY EMPLOYEE
Key employee
–$245,284
TODD MYERSKEY EMPLOYEE
Key employee
–$241,245
MARY WILLIAMSKEY EMPLOYEE
Key employee
–$237,518
MATTHEW MOLINEAUXKEY EMPLOYEE
Key employee
–$229,286
KATHLEEN GILPINKEY EMPLOYEE
Key employee
–$228,528
DAVID SELBYKEY EMPLOYEE
Key employee
–$212,285
DAVID NESTICKEY EMPLOYEE
Key employee
–$200,194
BRUCE HOWARD SRKEY EMPLOYEE
Key employee
–$197,574
KEITH BOWMANKEY EMPLOYEE
Key employee
–$197,272
RUFUS SMITHKEY EMPLOYEE
Key employee
–$192,367
JESSICA PACHECOKEY EMPLOYEE
Key employee
–$186,864
KYLE PREUSSKEY EMPLOYEE
Key employee
–$183,245
DUSTIN DANNENHAUERKEY EMPLOYEE
Key employee
–$181,000
LJ EADSKEY EMPLOYEE
Key employee
–$179,478
FERESHTEH FARZADKEY EMPLOYEE
Key employee
–$176,932
JUSTIN MORGANKEY EMPLOYEE
Key employee
–$176,087
RYAN STABLERKEY EMPLOYEE
Key employee
–$173,843
JOHN SANKOVICKEY EMPLOYEE
Key employee
–$171,853
SCOTT SWANSONKEY EMPLOYEE
Key employee
–$169,390
MARY FRAMEKEY EMPLOYEE
Key employee
–$168,081
DANIEL PIERRONKEY EMPLOYEE
Key employee
–$166,580
DAVID BRIDGESKEY EMPLOYEE
Key employee
–$165,283
ERIN HOLDENKEY EMPLOYEE
Key employee
–$165,202
JASON DAVISKEY EMPLOYEE
Key employee
–$162,310
CHIEN-CHIH LINKEY EMPLOYEE
Key employee
–$161,000
BRYAN ROTHKEY EMPLOYEE
Key employee
–$159,635
JOHN KOVACHICHKEY EMPLOYEE
Key employee
–$158,969
DEIRDRE LARKINKEY EMPLOYEE
Key employee
–$157,253
JOELYNN LAUXKEY EMPLOYEE
Key employee
–$157,148
CHRIS HOCEVARTREASURER
Officer
–$102,131
CD MOORE LT GENERALCHAIR
Officer
–$0
LLOYD FIELDSDIRECTOR
Trustee or director
–$0
GAYLE ROMINGERDIRECTOR
Trustee or director
–$0
MICHAEL HRIPKODIRECTOR
Trustee or director
–$0
RICHARD GRAFDIRECTOR
Trustee or director
–$0
JEFF STANLEYDIRECTOR
Trustee or director
–$0
DOUG EBERSOLEVICE CHAIR
Officer
–$0
GREG MORRISDIRECTOR
Trustee or director
–$0
CARMEL ORTIZDIRECTOR
Trustee or director
–$0
WANDA GAMBLEDIRECTOR
Trustee or director
–$0
SUSAN THORNTONDIRECTOR
Trustee or director
–$0
DR MICHAEL FARRELLDIRECTOR
Trustee or director
–$0
GARY KESSLERDIRECTOR
Trustee or director
–$0
DR RICHARD JOSEPHDIRECTOR
Trustee or director
–$0
WAYNE DENNYDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
4035 COLONEL GLENN HWY, BEAVERCRK TWP, OH 45431-1601
Principal officer (990 for 2024)
DENNIS ANDERSH
Signed the 990
CHRIS HOCEVAR, CFO & TREASURER
Phone
(937) 705-1000
Return prepared by
SWINDON SPRINGER & COMPANY INC CPAS

Mission

PART I, LINE 1 THE ORGANIZATION'S MISSION IS TO OPERATE EXCLUSIVELY FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES TO INCLUDE PROMOTING, ENCOURAGING AND ASSISTING IN SCIENTIFIC RESEARCH AND DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC AND THE TRANSITION TO OHIO INDUSTRY OF ADVANCED DATA COLLECTION, MANAGEMENT AND ANALYSIS TECHNOLOGIES. FOSTERING COLLABORATION BETWEEN THE RESEARCH CENTERS OF OHIO INFORMATION TECHNOLOGY AND RELATED COMPANIES, ACADEMIC INSTITUTIONS AND GOVERNMENTAL RESEARCH FACILITIES, ENCOURAGING THE RETENTION, DEVELOPMENT AND EXPANSION OF THE INFORMATION TECHNOLOGY AND RELATED INDUSTRIES IN OHIO AND PROMOTING, ENCOURAGING AND ASSISTING IN SCIENTIFIC RESEARCH TO AID IN THE EDUCATION OF COLLEGE AND UNIVERSITY STUDENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • OBJECTIVE: ESTABLISH A SUSTAINABLE BUSINESS MODEL TO DRIVE THE ECONOMIC IMPACT OF INFORMATIONAL TECHNOLOGY IN OHIO. THE DEFINED BUSINESS MODEL HAS SEVERAL SOURCES OF REVENUE.
    Expenses $56,622,793 · revenue $82,979,440

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
16-1704454
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$65,126,667
Income (IRS master file)
$83,304,757

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$82,994,226$83,009,715$65,126,667IRS
990June 2024$57,477,017$56,320,561$27,590,845IRS
990June 2023$45,989,638$45,816,869$23,131,458XML
990June 2022$40,733,328$40,618,782$15,622,847IRS
990June 2021–––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 16-1704454).

Questions about PARALLAX ADVANCED RESEARCH CORP

What is the EIN of PARALLAX ADVANCED RESEARCH CORP?
The employer identification number (EIN) of PARALLAX ADVANCED RESEARCH CORP is 16-1704454.
Is PARALLAX ADVANCED RESEARCH CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to PARALLAX ADVANCED RESEARCH CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PARALLAX ADVANCED RESEARCH CORP 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 PARALLAX ADVANCED RESEARCH CORP 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 PARALLAX ADVANCED RESEARCH CORP 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 PARALLAX ADVANCED RESEARCH CORP?
The 990 for the year ended June 30, 2025 names DENNIS ANDERSH.
Who are the officers and directors of PARALLAX ADVANCED RESEARCH CORP?
The 990 for the year ended June 30, 2025 lists 52 people; 32 received compensation from the organization, the highest $360,556 (DENNIS ANDERSH, CEO & PRESID).
How much revenue does PARALLAX ADVANCED RESEARCH CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $82,994,226, expenses of $83,009,715 and total assets of $65,126,667 at year end.

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