Skip to main content

Nonprofit · EIN 84-0600653

COLORADO STATE UNIVERSITY RESEARCH FOUNDATION

Tax-exempt · FORT COLLINS, CO 80526

Financials

$17.9M$16.3M2023$23.3M$17.4M2024
Revenue Expenses · by fiscal year end
Financials of COLORADO STATE UNIVERSITY RESEARCH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$23,291,177$17,405,260$5,885,917$159,935,912$133,571,073$26,364,839
June 30, 2024990$17,932,012$16,328,233$1,603,779$70,186,159$49,707,237$20,478,922
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$11,543,768
of which government grants
$6,251,268
Program service revenue
$153,165
Investment income
$646,851
Royalties
$3,666,648
Net rental income
$6,857,070
Net gain from sales of assets
-$109,590
Net income from sales of inventory
$423,675
Other revenue
$10,947,393

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,558,987
Other salaries and wages
$3,490,721
Salaries, compensation and benefits (total)
$6,332,511
Professional fundraising fees
$0
Legal fees
$652,666
Accounting fees
$72,031
Occupancy
$2,128,001
Travel
$77,910
Depreciation
$1,439,049
Program services (functional)
$13,438,191
Management and general (functional)
$3,967,069

Balance sheet and other

Total assets, start of year
$70,186,159
Total assets, end of year
$159,935,912
Total liabilities, end of year
$133,571,073
Net assets, end of year
$26,364,839
Land, buildings and equipment
$46,716,577
Publicly traded securities
$8,402,084
Net assets without donor restrictions
$26,168,893
Net assets with donor restrictions
$195,946
Gross unrelated business income
$501,765
Gross receipts
$23,506,794
Employees
63
Volunteers
8
Year formed
1941
State of legal domicile
CO

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 / weekCompensationOther / benefits
AJAY MENONPRESIDENT/ CHIEF EXECUTIVE OFFICER
Officer
40$530,707$80,028
LYNN JOHNSONCFO & SECRETARY/TREASURER
Officer
40$239,571$60,743
RICHARD MAGIDVICE PRESIDENT - TECHNOLOGY TRANSFER
Officer
40$212,643$42,968
JAMES POSSDIRECTOR - VENTURES CREATIONS
Highest-paid employee
40$172,458$52,808
DIANA PRIETODIRECTOR - HUMAN RESOURCES
Highest-paid employee
40$153,206$34,537
STEVE FOSTERDIRECTOR - LICENSING
Highest-paid employee
40$146,954$38,389
THOMAS JANKOWSKIDIRECTOR - TECHNOLOGY
Highest-paid employee
40$144,885$20,673
GREGGORY ULLMANNCONTROLLER
Highest-paid employee
40$126,641$14,780
JULIE BIRDSALL- FORMER CFOSENIOR MANAGER FINANCE & ACCOUNTING
Former
40$107,764$27,096
STEPHEN LAUGHLIN - VPADVANCED LASER (THRU 03/15/25)
Officer
40$93,330$8,458
PETER MEYER- VP - REALESTATE SERVICES (FROM 11/18/24)
Officer
40$25,678$462
BOB HOTMANCHAIR
Trustee or director, Officer
1$0$0
DAVID CONRADVICE-CHAIR/ SECRETARY
Trustee or director, Officer
1$0$0
JOHN IKARDTRUSTEE
Trustee or director
1$0$0
STEVE GABELTRUSTEE (FROM 10/08/24)
Trustee or director
1$0$0
5 more people on this return
NameTitleHours / weekCompensation
VICTORIA QUINTANATRUSTEE (FROM 10/08/24)
Trustee or director
1$0
ARTHUR VALDEZTRUSTEE (FROM 10/08/24)
Trustee or director
1$0
PAUL HUDNUTTRUSTEE (THRU 04/01/25)
Trustee or director
1$0
DON MAROSTICATRUSTEE (THRU 10/08/24)
Trustee or director
1$0
JOSHUA PETERSON - VPADVANCED LASER (FROM 06/16/25)
Officer
40$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
AJAY MENONPRESIDENT/CHIEF EXECUTIVE OFFICER
Officer
40$423,987$68,521
LYNN JOHNSONCFO & SECRETARY/TREASURER
Officer
40$196,818$57,099
NANCY HURTVP OF OPERATIONS/SECRETARY
Officer
40$201,880$39,731
JULIE H BIRDSALLSPECIAL ASSISTANT TO CEO/PRESIDENT
Highest-paid employee
40$192,898$46,295
RICHARD MAGIDVP OF TECHNOLOGY TRANSFER
Officer
40$200,818$27,924
JAMES POSSDIRECTOR, VENTURES CREATION
Highest-paid employee
40$169,544$49,017
TAMARA ALEXANDERDIRECTOR, REAL ESTATE (THRU 12/23)
Highest-paid employee
40$153,959$37,032
STEVE FOSTERDIR. LICENSING & BUS. DEVELOPMENT
Highest-paid employee
40$141,139$36,674
TOM JANKOWSKIDIRECTOR OF TECHNOLOGY
Highest-paid employee
40$142,066$19,716
DIANE EVANSCHAIRMAN (THRU 6/26/24)
Trustee or director, Officer
1$0$0
BOB HOTMAN- VICE CHAIRTHRU 624CHAIRMAN(FROM 6/26/24)
Trustee or director, Officer
1$0$0
DAVID CONRAD- TRUSTEE THRU 424VICE-CHAIR/ SECRETARY (FROM 4/22/24)
Trustee or director, Officer
1$0$0
DON MAROSTICATRUSTEE
Trustee or director
1$0$0
PAUL HUDNUTTRUSTEE
Trustee or director
1$0$0
STEPHEN LAUGHLINTRUSTEE (THRU 5/22/24)
Trustee or director
1$0$0
JOHN IKARDTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2537 RESEARCH BLVD STE 200, FORT COLLINS, CO 80526-8103
In care of
% JULIE BIRDSALL
Principal officer (990 for 2024)
LYNN JOHNSON, PO BOX 483, FORT COLLINS, CO 80522
Signed the 990
LYNN JOHNSON, CHIEF FINANCIAL OFFICER
Phone
(970) 491-2933
Return prepared by
EIDE BAILLY LLP

Mission

CSU STRATA WAS ORGANIZED IN 1941 TO AID THE UNIVERSITIES GOVERNED BY THE BOARD OF GOVERNORS OF THE COLORADO STATE UNIVERSITY SYSTEM (CSUS, INCLUDING COLORADO STATE UNIVERSITY, COLORADO STATE UNIVERSITY PUEBLO, AND CSU GLOBAL) IN THEIR RESEARCH AND EDUCATIONAL EFFORTS. CSU STRATA PROVIDES PROPERTY AND EQUIPMENT LEASING, PATENT AND LICENSING MANAGEMENT, DEBT FINANCING THROUGH MORTGAGE DEBT SERVICE, AND LAND ACQUISITION, DEVELOPMENT AND PROPERTY MANAGEMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • CSU STRATA PROVIDES MANAGEMENT OF VARIOUS COMMERCIAL AND RESIDENTIAL PROPERTIES HELD BY OR FOR THE BENEFIT OF COLORADO STATE UNIVERSITY.
    Expenses $10,666,882 · revenue $6,953,716
  • TECHNOLOGY TRANSFER ASSISTS WITH PATENT AND LICENSING MANAGEMENT.
    Expenses $2,771,309 · revenue $3,666,648

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
84-0600653
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1942
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$159,935,912
Income (IRS master file)
$23,506,794

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$23,291,177$17,405,260$159,935,912XML
990-TJune 2025–––IRS
990June 2024$17,932,012$16,328,233$70,186,159XML
990-TJune 2024–––IRS
990June 2023$17,471,761$16,164,739$69,355,514IRS
990-TJune 2023–––IRS
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2019–––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 84-0600653).

Questions about COLORADO STATE UNIVERSITY RESEARCH FOUNDATION

What is the EIN of COLORADO STATE UNIVERSITY RESEARCH FOUNDATION?
The employer identification number (EIN) of COLORADO STATE UNIVERSITY RESEARCH FOUNDATION is 84-0600653.
Is COLORADO STATE UNIVERSITY RESEARCH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
Are donations to COLORADO STATE UNIVERSITY RESEARCH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COLORADO STATE UNIVERSITY RESEARCH FOUNDATION 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 COLORADO STATE UNIVERSITY RESEARCH FOUNDATION 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 COLORADO STATE UNIVERSITY RESEARCH FOUNDATION 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 COLORADO STATE UNIVERSITY RESEARCH FOUNDATION?
The 990 for the year ended June 30, 2025 names LYNN JOHNSON.
Who are the officers and directors of COLORADO STATE UNIVERSITY RESEARCH FOUNDATION?
The 990 for the year ended June 30, 2025 lists 20 people; 11 received compensation from the organization, the highest $530,707 (AJAY MENON, PRESIDENT/ CHIEF EXECUTIVE OFFICER).
How much revenue does COLORADO STATE UNIVERSITY RESEARCH FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $23,291,177, expenses of $17,405,260 and total assets of $159,935,912 at year end.

Other nonprofits in FORT COLLINS

All nonprofits in FORT COLLINS · Colorado · Food, agriculture and nutrition