2025-05-14T14:01:12-07:00 2024-06-30 990 2023-07-01 550683361 MARSHALL UNIVERSITY RESEARCH CORPORATION MARS 3046962829 One John Marshall Drive Huntington WV 25755 Jennifer Wood Chief Financial Officer 3046962829 2025-05-14 1 2023 2025-03-06 01:10:19Z Marshall University Research Corporation One John Marshall Drive Huntington WV 25755 75676338 1 1 5623 X www.marshall.edu/murc/ X 1987 WV Charitable education and scientific research 16 2 811 0 0 0 53073293 66254333 0 0 2939809 3440419 5554223 5981586 61567325 75676338 1514164 2398594 0 0 31709280 36675943 0 0 596838 27658200 27204890 60881644 66279427 685681 9396911 69950636 75248125 24528749 20429327 45421887 54818798 Charitable education and scientific research 0 0 62405527 2398594 75676338 Marshall University Research Corporation operates for charitable education and scientific purposes to foster, support, and participate in research and economic development activities in the furtherance of the educational objectives and mission of Marshall University. 0 0 0 62405527 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 321 0 1 811 1 0 0 0 0 0 0 0 0 X 16 2 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 X Marshall University Research Corporation 3046962829 One John Marshall Drive Huntington WV 25755 Brad Smith Chair 0 37.5 X X 0 481378 33096 Avi Mukherjee Vice Chair 0 37.5 X X 0 296363 21757 Matt Tidd Board Member 0 37.5 X 0 239649 24357 David Dampier Board Member 0 37.5 X 0 229913 13835 Toney Stroud Secretary 0 37.5 X X 0 223965 16551 John Maher Board Member 37.5 X X X 0 218126 12793 Robert Plymale Associate VP for Economic Dev 37.5 0 X 178050 0 22629 Brandi Jacob-Jones Board Member 0 37.5 X 0 170238 23622 Charlotte Weber Board Member 0 37.5 X 0 169176 24052 David Gozal Board Member 0 37.5 X 0 141298 14879 Uma Sundaram Board Member 0 37.5 X 0 133025 8032 Wesley Stites Board Member 0 37.5 X 0 96854 12040 Michael Castellani Board Member 0 37.5 X 0 85652 11875 Nadja Spitzer Board Member 0 37.5 X 0 85406 11755 Brandon Dennison Board Member 0 37.5 X 0 74527 8605 Beth Hammers Board Member 0 0 X 0 0 0 Chris Plybon Board Member 0 0 X 0 0 0 178050 2645570 259878 2 0 1 0 Stites and Harbison PLLC 400 W Market St Ste 1800 Louisville KY 40202 Legal Patent Services 311880 Sodexo America LLC One John Marshall Drive Huntington WV 25755 Food Service and Facilities Management 104243 Robert Hoyt 14501 Chrisman Hill Drive Boyds MD 20841 Veterinary Services 247523 3 0 0 0 0 60567962 5686371 0 66254333 0 3440419 3440419 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5981586 5981586 0 0 5981586 75676338 9422005 0 0 0 0 2398594 2398594 0 0 0 0 0 0 0 0 0 0 0 0 29717850 26670491 2592957 454402 0 0 0 0 6958093 6187321 641672 129100 0 0 0 0 0 0 0 0 344677 305412 39265 0 0 0 0 0 218169 0 218169 0 0 0 0 0 0 0 5322799 4842077 480722 0 329272 315769 13503 0 617640 523665 92900 1075 32011 31386 625 0 0 0 0 0 220799 276996 -56197 0 1695520 1631798 63407 315 0 0 0 0 549022 485081 62081 1860 17826 17826 0 0 0 0 0 0 2019243 2019243 0 0 194374 124366 70008 Research / Program Supplies 3976169 3800356 175813 0 Subaward Expenses 6437511 6043544 393967 0 5229858 6731602 -1511830 10086 66279427 62405527 3277062 596838 0 5803493 15740970 21660454 22529610 14727 218252 0 0 0 0 0 0 0 0 625308 451645 39451571 24153204 11727111 15298367 0 0 30119543 21009281 69950636 75248125 7396829 6620530 0 0 15870336 12694827 0 0 0 0 0 0 965773 750159 0 0 295811 363811 24528749 20429327 X 19707836 25435582 10714051 14383216 15000000 15000000 45421887 54818798 69950636 75248125 9396911 0 0 0 0 0 X 0 1 1 1 1 X 36084191 42378738 49704442 50570878 62321370 241059619 0 0 0 0 0 0 0 0 36084191 42378738 49704442 50570878 62321370 241059619 5664722 235394897 1171746 7780404 -4985718 2930797 3440273 10337502 0 0 0 0 0 0 4962949 5386489 10201926 5396735 5890856 31838955 283236076 0.83109 0.83889 X Schedule A, Part II, Line 10 Other income primarily consists of the following : Training Income for the Marshall Advanced Manufacturing Center (MAMC formerly the Robert C. Byrd Institute for Advance Flexible Manufacturing); Tuition, Registration, and Testing fees for Marshall University Higher Education for Learning Problems (H.E.L.P.) program; Tuition for Marshall University Child Development Academy (preschool) RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 218969 218969 0 218969 43794 10949 0 175175 0 0 0 0 43794 43794 65691 0 0 0 218969 218969 0 0 0 10949 10949 16424 0 0 0 0 0 Schedule C, Part I-A, Line 2 Marshall University Research Corporation, on behalf of Marshall University, has contracted with external consulting firms for the provision of federal governmental relations services. The consulting firms contracted are to assess federal funding opportunities, target opportunities for Marshall University, and advance the University's federal funding agenda by meeting with key agency personnel, working with lead sponsors, and marketing the message to Congressional leaders. 18114390 0 1878272 0 1160440 59057 18773165 17391109 0 1427155 0 648045 55829 18114390 20709861 0 -2875080 0 382000 61672 17391109 16642384 0 4426273 0 300350 58446 20709861 18123596 0 684261 0 2109450 56023 16642384 0.799 0.201 0 0 0 0 0 0 0 4932619 1455121 3477498 0 34077056 22526555 11550501 0 441896 171528 270368 0 0 0 0 15298367 0 0 Corporate Bonds 0 F Supranational Bonds 0 F Equity Mutual Funds 20060352 F Fixed Income Mutual Funds 948929 F U.S. Government Agency Obligations 0 F U.S. Treasury Obligations 0 F 21009281 0 Unearned Rent 198821 Lease Liability 164990 363811 75676338 0 0 0 0 0 75676338 0 0 0 75676338 66279427 0 0 0 0 0 66279427 0 0 0 66279427 Schedule D, Part V, Line 4 The endowment funds are provided by the State of West Virginia Research Trust Fund established by the WV State Legislature in 2008. The endowment fund earnings are purposed for the furtherance of interdisciplinary research at Marshall University. 1 Scholarships 391 270234 Stipends 178 1182184 Schedule I, Part I, Line 2 Marshall University Research Corporation submits proposals to funding agencies and then awards scholarships, stipends, and sub-grant awards in a pass-through capacity from the awarded grant. The recipients are selected in accordance with award documents. X 0 0 0 0 0 0 0 0 0 Brad Smith Chair 0 481378 0 0 0 0 0 0 0 33096 0 514474 0 517127 Avi Mukherjee Vice Chair 0 296363 0 0 0 0 0 0 0 21757 0 318120 0 321838 John Maher Board Member 0 218126 0 0 0 0 0 0 0 12793 0 230919 0 240994 Toney Stroud Secretary 0 223965 0 0 0 0 0 0 0 16551 0 240516 0 117272 Charlotte Weber Board Member 0 169176 0 0 0 0 0 0 0 24052 0 193228 0 194257 Brandi Jacob-Jones Board Member 0 170238 0 0 0 0 0 0 0 23622 0 193860 0 198322 Matt Tidd Board Member 0 239649 0 0 0 0 0 0 0 24357 0 264006 0 29783 David Dampier Board Member 0 229913 0 0 0 0 0 0 0 13835 0 243748 0 267441 David Gozal Board Member 0 141298 0 0 0 0 0 0 0 14879 0 156177 0 0 Robert Plymale Associate VP for Economic Dev 178050 0 0 0 0 0 0 0 22629 0 200679 0 204631 0 Form 990, Part VI, Section A, Line 9 Chris Plybon, PO Box 2185 Huntington, WV 25722; Beth Hammers - Marshall Health, 1600 Medical Center Drive, Huntington, WV 25701 Form 990, Part VI, Section B, Line 11b Marshall University Research Corporation provides an electronic copy of Form 990 to the Board of Directors prior to submission. All board members contribute any comments and questions to an advisory Ad-Hoc committee for consideration. The Ad-Hoc committee reviews the form and provides guidance as to any revisions or corrections prior to submission. Form 990, Part VI, Section B, Line 12c Marshall University Research Corporation provides the Conflict of Interest Policy to the board members on an annual basis. Board members sign a statement of disclosure of any conflicts. A Conflict of Interest Committee meets monthly to discuss and manage any potential conflicts Form 990, Part VI, Section B, Line 15 The Marshall University Vice President for Research also serves as the organization's Executive Director. The salary and benefits for that position are funded by Marshall University. The starting salary for that position is determined by a search for a qualified candidate and a thorough consideration of comparable pay in relation to experience. The salary and raises for this position are approved by the Marshall University President and the University's Board of Governors. There are currently no officers paid by Marshall University Research Corporation. The starting salary for that key employees is determined by a search for a qualified candidate and a thorough consideration of comparable pay in relation to experience. The salary and raises for key employees are approved by Marshall University Human Resources Director and the Marshall University Research Corporation Executive Director. Form 990, Part VI, Section C, Line 19 Marshall University Research Corporation makes Policies and Procedures available on our website. Other documents and financial statements are made available upon request. Marshall University One John Marshall Drive Huntington WV 25755 556000789 Higher Education WV 115 N/A 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0 Marshall University l 2506167 FMV Marshall University k 90276 FMV Marshall University p 8896421 FMV The organization requested and received an automatic 6-month extension until 05/15/2025