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ASU RESEARCH ENTERPRISE
TEMPE, AZ · EIN 900868685 · Form 990 · FY2021 · NTEE P99 · Human Services · Medium ($1M-$10M) · asure.asu.edu
revenue
$8.2M
expenses
$9.4M
net assets
$2.3M
employees
20
volunteers
2
program ratio
86%
mission · from form 990

EXTEND ASU'S REACH TO MEET ITS RESEARCH GOALS THROUGH THE CULTIVATION AND EXECUTION OF APPLIED R&D.

profile · synthesized from sources

ASU Research Enterprise (ASURE) is an applied research organization that supports Arizona State University's mission. It focuses on securing federal funding and managing research contracts, including other transaction authority (OTA) and broad agency announcements (BAA). ASURE delivers research and development, engineering, rapid prototyping, and test and evaluation services to its customers.

irs program accomplishments · form 990 part iii · fy2021

what they reported doing

Program narrative the organization filed with the IRS. Ordered by program spending.

  1. #1 primary $701K
    GROW ASU RESEARCH ENTERPRISE (ASURE) INTO A RECOGNIZED LEADER IN TECHNOLOGY INNOVATION THROUGH APPLIED RESEARCH AND DEVELOPMENT IN ORDER TO STRENGTHEN ASU'S REACH, REPUTATION, AND IMPACT ON THE TOUGHEST CHALLENGES FACING NATIONAL SECURITY AND GLOBAL WELL-BEING.
activities · 1 group

what they do

  • Endowment & Donor-Advised Fund Management 2 activities
    • Securing Federal Research Awards
      Secures federal research awards to fund various research initiatives, having secured $18 million in fiscal year 2025.
    • Securing Federal Research Awards
      Secures federal research awards, totaling $18 million in fiscal year 2025, to fund research initiatives.
financials · form 990 · fy2021
revenue
Total revenue$8.20M
Contributions & grants$00%
Program service revenue$8.18M100%
Investment income$00%
Other revenue$27K
expenses
Total expenses$9.38M
Program expenses86%
Admin / overhead14%
Fundraising0%
Salaries & benefits$603K
Grants paid out$3.57M
Largest expense lineProfessional Fees
balance sheet
Total assets$4.18M
Cash$3.60M
Investments$0
Liabilities$1.83M
Net assets$2.35M
Liquid reserves4.6 mo
2 years on record · 2020–2021 · YoY revenue -85.8%
leadership · form 990 part vii · fy2021

who runs it

paid leadership · 6
NameTitleHours/wkCompensation
DAN DILLON DIRECTOR 1 $830K
VIRGINIA DESANTO TREASURER 1 $315K
HOPE SHARETT SECRETARY 1 $299K
DAVID THOMAS CEO THRU 9/21 40 $171K
RONALD THOMPSON MANAGING DIRECTOR FROM 9/21 50 $169K
STEVEN LATINO DIRECTOR, RESEARCH COMPLIANCE SVCS 40 $116K
board members · 2
  • RF SHANGRAW JR — CHAIR
  • SALLY MORTON — DIRECTOR