Nonprofit · EIN 46-5357903
UNIV OF SOUTH ALABAMA FOUNDATION FOR RESEARCH AND COMMERCIALIZATION
Tax-exempt · MOBILE, AL 36688
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $14,186 | $8,756 | $5,430 | $63,316 | $0 | $63,316 |
| September 30, 2024 | 990 | $15,718 | $3,913 | $11,805 | $57,886 | $0 | $57,886 |
| September 30, 2023 | 990 | $188,661 | $193,666 | -$5,005 | $46,081 | $0 | $46,081 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $14,186
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $4,665
- Program services (functional)
- $8,756
Balance sheet and other
- Total assets, start of year
- $57,886
- Total assets, end of year
- $63,316
- Total liabilities, end of year
- $0
- Net assets, end of year
- $63,316
- Gross receipts
- $14,186
- Employees
- 0
- Year formed
- 2014
- State of legal domicile
- AL
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JO BONNER | PRESIDENT Trustee or director, Officer | 1 | $0 | $779,967 | $56,841 |
| KRISTEN ROBERTS | SECRETARY/TR Trustee or director, Officer | 1 | $0 | $345,216 | $55,142 |
| MICHAEL CHAMBERS | FORMER DIREC Former | 0 | $0 | $246,434 | $36,321 |
| LYNNE CHRONISTER | FORMER DIREC Former | 0 | $0 | $172,430 | $32,433 |
| POLLY STOKLEY | FORMER DIREC Former | 0 | $0 | $45,000 | $0 |
| GLYN AGNEW | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KATHERINE ALEXIS ATKINS | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PHILIP BURTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARK HOFFMAN | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
| KAREN HONG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ALLEN PARRISH | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID TRENT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JO BONNER | DIRECTOR/PRE Trustee or director, Officer | 1 | $0 | $682,921 | $62,942 |
| LYNNE CHRONISTER | DIRECTOR/VIC Former | 0 | $0 | $271,716 | $48,957 |
| KRISTEN ROBERTS | SECRETARY/TR Trustee or director, Officer | 1 | $0 | $266,904 | $46,149 |
| POLLY STOKLEY | DIRECTOR Former | 0 | $0 | $241,970 | $29,887 |
| MICHAEL CHAMBERS | DIRECTOR/VIC Trustee or director, Officer | 1 | $0 | $225,397 | $32,783 |
| GLYN AGNEW | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHILIP BURTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARK HOFFMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KAREN HONG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ARLENE MITCHELL | DIRECTOR/CHA Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID TRENT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JO BONNER | DIRECTOR/PRE Trustee or director, Officer | 1 | $0 | $518,448 | $59,377 |
| ANDI KENT | PROVOST AND Key employee | 1 | $0 | $397,013 | $65,001 |
| POLLY STOKLEY | DIRECTOR Former | 0 | $0 | $304,630 | $51,737 |
| LYNNE CHRONISTER | DIRECTOR/VIC Trustee or director, Officer | 1 | $0 | $260,498 | $46,676 |
| KRISTEN ROBERTS | SECRETARY/TR Trustee or director, Officer | 1 | $0 | $208,061 | $38,404 |
| JOHN SMITH | DIRECTOR/PRE Former | 0 | $0 | $165,710 | $7,124 |
| G SCOTT WELDON | DIRECTOR/SEC Former | 0 | $0 | $70,489 | $3,220 |
| GLYN AGNEW | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHILIP BURTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARK HOFFMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KAREN HONG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ARLENE MITCHELL | DIRECTOR/CHA Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID TRENT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 307 UNIV BLVD N STE AD 300, MOBILE, AL 36688-0001
- In care of
- % KEN DAVIS
- Mailing address (990-N for 2014)
- 307 University Blvd N AD 170, Mobile AL 36688
- Principal officer (990 for 2024)
- PETER SUSMAN, 307 UNIV BLVD N STE AD 300, MOBILE, AL 36688
- Principal officer (990-N for 2014)
- Lynne U Chronister, 307 University Blvd N AD 200, Mobile AL 36688
- Signed the 990
- PETER SUSMAN, USA VP OF ADMIN
- Phone
- (251) 460-6241
Mission
FURTHER THE UNIVERSITY OF SOUTH ALABAMA'S EDUCATIONAL, RESEARCH, AND SERVICE MISSIONS BY COMMERCIALIZING INTELLECTUAL PROPERTY DEVELOPED BY UNIVERSITY FACULTY.
Program accomplishments
- COMMERIALIZE INTELLECTUAL PROPERTY DEVELOPED BY UNIVERSITY FACULTY.Expenses $8,756 · revenue $14,186
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 46-5357903
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2016
- Accounting year ends
- September
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B05)
- Assets (IRS master file)
- $63,316
- Income (IRS master file)
- $14,186
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $14,186 | $8,756 | $63,316 | XML |
| 990 | September 2024 | $15,718 | $3,913 | $57,886 | XML |
| 990 | September 2023 | $188,661 | $193,666 | $46,081 | XML |
| 990 | September 2022 | $1,090,825 | $1,074,793 | $51,086 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990-N for 2014 Officer: Lynne U Chronister | September 30, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 46-5357903).
Questions about UNIV OF SOUTH ALABAMA FOUNDATION FOR RESEARCH AND COMMERCIALIZATION
- What is the EIN of UNIV OF SOUTH ALABAMA FOUNDATION FOR RESEARCH AND COMMERCIALIZATION?
- The employer identification number (EIN) of UNIV OF SOUTH ALABAMA FOUNDATION FOR RESEARCH AND COMMERCIALIZATION is 46-5357903.
- Is UNIV OF SOUTH ALABAMA FOUNDATION FOR RESEARCH AND COMMERCIALIZATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to UNIV OF SOUTH ALABAMA FOUNDATION FOR RESEARCH AND COMMERCIALIZATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does UNIV OF SOUTH ALABAMA FOUNDATION FOR RESEARCH AND COMMERCIALIZATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of UNIV OF SOUTH ALABAMA FOUNDATION FOR RESEARCH AND COMMERCIALIZATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIV OF SOUTH ALABAMA FOUNDATION FOR RESEARCH AND COMMERCIALIZATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of UNIV OF SOUTH ALABAMA FOUNDATION FOR RESEARCH AND COMMERCIALIZATION?
- The 990 for the year ended September 30, 2025 names PETER SUSMAN.
- Who are the officers and directors of UNIV OF SOUTH ALABAMA FOUNDATION FOR RESEARCH AND COMMERCIALIZATION?
- The 990 for the year ended September 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does UNIV OF SOUTH ALABAMA FOUNDATION FOR RESEARCH AND COMMERCIALIZATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $14,186, expenses of $8,756 and total assets of $63,316 at year end.
Other nonprofits in MOBILE
- UNIVERSITY OF MOBILE INC EIN 63-0417508 · last filed 990 for 2025
- SPRING HILL COLLEGE EIN 63-0302179 · last filed 990 for 2025
- UNIVERSITY OF SOUTH ALABAMA FOUNDATION EIN 63-6065809 · last filed 990 for 2025
- ST PAULS EPISCOPAL SCHOOL EIN 23-7035434 · last filed 990 for 2025
- MAEF PUBLIC CHARTER SCHOOLS INCORPORATED EIN 81-4451622 · last filed 990 for 2025
- FAITH ACADEMY OF MOBILE INC EIN 58-1898405 · last filed 990 for 2025
- ALABAMA AVIATION EDUCATION CENTER INCORPORATED EIN 82-4418604 · last filed 990 for 2024
- ALABAMA HIGH SCHOOL OF MATHEMATICS AND SCIENCE FOUNDATION EIN 57-0902925 · last filed 990 for 2025