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Nonprofit · EIN 86-0779656

CAMPUS RESEARCH CORPORATION

Tax-exempt · TUCSON, AZ 85747

Financials

$13.2M$14.8M2022$14.9M$16M2023$31.3M$28M2024
Revenue Expenses · by fiscal year end
Financials of CAMPUS RESEARCH CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$31,288,527$27,964,914$3,323,613$46,670,793$11,431,676$35,239,117
June 30, 2024990$14,945,113$16,019,821-$1,074,708$40,177,329$8,261,825$31,915,504
June 30, 2023990$13,228,700$14,784,896-$1,556,196$40,924,972$7,921,160$33,003,812
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$453,008
of which government grants
$378,008
Program service revenue
$30,607,420
Investment income
$144,031
Other revenue
$84,068

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$868,955
Other salaries and wages
$1,466,119
Salaries, compensation and benefits (total)
$2,652,962
Professional fundraising fees
$0
Legal fees
$44,291
Accounting fees
$55,900
Occupancy
$780,108
Travel
$172,711
Depreciation
$3,927,594
Program services (functional)
$26,075,277
Management and general (functional)
$1,889,637

Balance sheet and other

Total assets, start of year
$40,177,329
Total assets, end of year
$46,670,793
Total liabilities, end of year
$11,431,676
Net assets, end of year
$35,239,117
Land, buildings and equipment
$29,005,073
Net assets without donor restrictions
$35,239,117
Gross receipts
$31,288,527
Employees
27
Volunteers
6
Year formed
1994
State of legal domicile
AZ

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
ELLIOT CHEUDIRECTOR
Trustee or director
1$0$448,147$55,308
CAROL STEWARTPRESIDENT
Officer
40$350,510$0$40,219
RYAN GOODELLDIRECTOR
Trustee or director
1$0$304,532$51,396
KENNETH MARCUSEVP & CFO
Officer
40$229,148$0$17,680
STACEY LEMOSDIRECTOR
Trustee or director
1$0$182,054$52,251
PATRICK MURPHYCOO
Officer
40$177,989$0$34,164
CRAIG KLEINEDIRECTOR OF TECHNOLOGY
Highest-paid employee
40$114,138$0$31,541
ERIC SMITHCHIEF INNOVATION OFFICER
Highest-paid employee
40$125,181$0$19,706
BERNADETTE FRANCODIRECTOR OF FINANCE & HUMAN RESOURCES
Highest-paid employee
40$121,419$0$14,989
TOMAS DIAZ DE LA RUBIAVICE CHAIRMAN
Trustee or director, Officer
1$0$112,619$6,735
PETER LOYADIRECTOR OF COMM & GOV'T RELATIONS
Highest-paid employee
40$102,552$0$14,071
JAN LESHERDIRECTOR
Trustee or director
1$0$0$0
CECILIA MATADIRECTOR
Trustee or director
1$0$0$0
R GLENN WILLIAMSONDIRECTOR
Trustee or director
1$0$0$0
MARY JACOBSCHAIRWOMAN
Trustee or director, Officer
1$0$0$0
2 more people on this return
NameTitleHours / weekCompensation
KARLA BERNAL MORALESTREASURER
Trustee or director, Officer
1$0
PATRICK PAT GRIFFINSECRETARY & GENERAL COUNSEL
Officer
1$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ELLIOT CHEUDIRECTOR
Trustee or director
1$0$414,746$54,109
CAROL STEWARTPRESIDENT
Officer
40$346,014$0$38,932
RYAN GOODELLDIRECTOR
Trustee or director
1$0$299,603$51,355
KENNETH MARCUSEVP & CFO
Officer
40$213,372$0$16,776
STACEY LEMOSDIRECTOR
Trustee or director
1$0$176,207$52,574
PATRICK MURPHYVP CONSTRUCTION/FACILITIES
Key employee
40$174,776$0$35,185
ERIC SMITHEXECUTIVE DIRECTOR
Highest-paid employee
40$150,308$0$34,027
CRAIG KLEINEDIRECTOR OF TECHNOLOGY
Highest-paid employee
40$115,925$0$32,836
BERNADETTE FRANCODIRECTOR OF FINANCE & HR
Highest-paid employee
40$123,226$0$13,917
JESSICA TURNERAVP FOR MARKETING AND COMMUNICATIONS
Highest-paid employee
40$103,922$0$32,282
PETER LOYADIRECTOR OF COMM & GOV'T RELATIONS
Highest-paid employee
40$103,475$0$12,911
CECILIA MATADIRECTOR
Trustee or director
1$0$0$0
JAN LESHERDIRECTOR
Trustee or director
1$0$0$0
MONICA VARGAS-MAHERDIRECTOR
Trustee or director
1$0$0$0
R GLENN WILLIAMSONDIRECTOR
Trustee or director
1$0$0$0
MARY JACOBSCHAIRWOMAN
Trustee or director, Officer
1$0$0$0
PATRICK PAT GRIFFINSECRETARY & GENERAL COUNSEL
Officer
1$0$0$0
KARLA BERNAL MORALESTREASURER
Officer
1$0$0$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ELIZABETH BETSY CANTWELLDIRECTOR
Trustee or director
1$0$435,627$61,624
RYAN GOODELLDIRECTOR
Trustee or director
1$0$342,945$35,507
CAROL STEWARTPRESIDENT
Officer
40$0$341,062$33,632
GARTH PERRYDIRECTOR
Trustee or director
1$0$213,864$48,281
KENNETH MARCUSEVP & CFO
Officer
40$188,930$0$17,720
PATRICK MURPHYVP CONSTRUCTION/FACILITIES
Highest-paid employee
40$168,656$0$37,303
ERIC SMITHEXECUTIVE DIRECTOR
Highest-paid employee
40$144,192$0$36,149
CRAIG KLEINEDIRECTOR OF TECHNOLOGY
Highest-paid employee
40$111,805$0$34,953
BERNADETTE FRANCODIRECTOR OF FINANCE & HUMAN RESOURCES
Highest-paid employee
40$119,968$0$14,989
PETER LOYADIRECTOR OF COMMUNITY & GOVERNMENT RELATIONS
Highest-paid employee
40$101,471$0$13,902
MARA ASPINALLDIRECTOR
Trustee or director
1$0$0$0
JAN LESHERDIRECTOR
Trustee or director
1$0$0$0
KARLA BERNAL MORALESDIRECTOR
Trustee or director
1$0$0$0
RON SHOOPMANDIRECTOR
Trustee or director
1$0$0$0
MARY JACOBSCHAIRWOMAN
Trustee or director, Officer
1$0$0$0
THOMAS MCGOVERNTREASURER
Officer
1$0$0$0
PATRICK PAT GRIFFINSECRETARY & GENERAL COUNSEL
Officer
1$0$0$0

Address and contacts

Address (IRS master file)
9040 S RITA RD STE 1270, TUCSON, AZ 85747-9192
In care of
% UNIV OF AZ SCIENCE & TECH PARK
Principal officer (990 for 2024)
CAROL STEWART CEO, 9070 SOUTH RITA ROAD 3500, TUCSON, AZ 857476112
Signed the 990
CAROL STEWART, CEO
Phone
(520) 382-2480
Return prepared by
BEACHFLEISCHMAN PLLC

Mission

CAMPUS RESEARCH CORPORATION OPERATES SOLELY TO ASSIST THE ARIZONA BOARD OF REGENTS, A BODY CORPORATE AND AN AGENCY OF THE STATE OF ARIZONA, TO ENHANCE AND FURTHER THE EDUCATIONAL AND RESEARCH MISSION OF THE UNIVERSITY OF ARIZONA.

990 for the year ended June 30, 2025

Program accomplishments

  • CAMPUS RESEARCH CORPORATION WAS FORMED IN 1994 TO ASSIST THE ARIZONA BOARD OF REGENTS IN THE MARKETING, LEASING, DEVELOPMENT, IMPROVEMENT AND OPERATION OF THE UNIVERSITY OF ARIZONA SCIENCE AND TECHNOLOGY PARK LOCATED IN THE TUCSON, ARIZONA METROPOLITAN AREA. IN ADDITION TO USING A PORTION OF THE PARK AS AN EDUCATIONAL FACILITY FOR STUDENTS AND FACULTY OF THE UNIVERSITY, THE CORPORATION LEASES PORTIONS TO PRIVATE INDUSTRY AND GOVERNMENTAL AGENCIES. THE PARK PROVIDES A CAMPUS WHERE INDUSTRY AND THE UNIVERSITY CAN PARTICIPATE IN ACTIVITIES THAT PROMOTE AND SUPPORT EDUCATION, RESEARCH AND ECONOMIC DEVELOPMENT OF THE REGION. THE PARK ALSO PROVIDES A MECHANISM TO PROMOTE THE DEVELOPMENT AND INTEGRATION OF TECHNOLOGICAL RESULTS FROM RESEARCH INTO PRIVATE CORPORATE PROGRAMS. LOCATED IN ONE OF ARIZONA'S FAST-GROWING SUBURBAN SETTINGS ON TUCSON'S SOUTHEAST SIDE, THE PARK'S SPACIOUS CAMPUS ENCOMPASSES 1,267 ACRES AND HAS 2 MILLION SQUARE FEET OF SPACE FOR TECH OFFICES, R&D AND LABORATORY FACILITIES. THE TECH PARK ALSO DEVELOPED A SOLAR RESEARCH FACILITY SPANNING APPROXIMATELY 223 ACRES. THE TECH PARK IS BEING FURTHER DEVELOPED WITH POTENTIAL PROJECTS THAT INCLUDE A HOTEL, DAYCARE CENTER, RETAIL AND RESIDENTIAL DEVELOPMENTS TO SUPPORT TECH PARK OCCUPANTS.
    Expenses $25,804,902 · revenue $30,691,488
  • THE UA TECH PARK AT BRIDGES IS HOME TO A DYNAMIC COMMUNITY OF TECHNOLOGY COMPANIES, SITUATED ALONGSIDE EXISTING HIGH-QUALITY RETAIL, COMMERCIAL AND RESIDENTIAL DEVELOPMENT. TOGETHER, THEY CREATE A LIVE-WORK-PLAY-LEARN ENVIRONMENT THAT IS ONE OF THE REGION'S MOST INNOVATIVE AND EXCITING DEVELOPMENTS. THE 65 ACRES DESIGNATED FOR THE SITE ARE PART OF A LARGER 350-ACRE MULTI-USE DEVELOPMENT. LONG-TERM PLANS CALL FOR 1.2 MILLION SQUARE FEET OF DEVELOPED OFFICE AND LABORATORY SPACE THAT COULD SUPPORT APPROXIMATELY 5,000 KNOWLEDGE WORKERS ON-SITE.
    Expenses $270,375

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
86-0779656
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
1995
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B43P)
Assets (IRS master file)
$46,670,793
Income (IRS master file)
$31,288,527

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$31,288,527$27,964,914$46,670,793XML
990June 2024$14,945,113$16,019,821$40,177,329XML
990June 2023$13,228,700$14,784,896$40,924,972XML
990June 2022$14,706,755$16,633,132$42,821,356IRS
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 86-0779656).

Questions about CAMPUS RESEARCH CORPORATION

What is the EIN of CAMPUS RESEARCH CORPORATION?
The employer identification number (EIN) of CAMPUS RESEARCH CORPORATION is 86-0779656.
Is CAMPUS RESEARCH CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to CAMPUS RESEARCH CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does CAMPUS RESEARCH 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 CAMPUS RESEARCH 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 CAMPUS RESEARCH 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 CAMPUS RESEARCH CORPORATION?
The 990 for the year ended June 30, 2025 names CAROL STEWART CEO.
Who are the officers and directors of CAMPUS RESEARCH CORPORATION?
The 990 for the year ended June 30, 2025 lists 17 people; 7 received compensation from the organization.
How much revenue does CAMPUS RESEARCH CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $31,288,527, expenses of $27,964,914 and total assets of $46,670,793 at year end.

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