Federal ID# 412093194
University Enterprise Laboratories, Inc.
General Information
| Organization Type | CHARITY |
| Contact Person | Barbara Nelson |
| Address | 1000 Westgate Drive, Suite 101, Saint Paul, MN 55114- |
| Phone Number | (651) 641-2800 |
| Purpose or Description | To serve as a laboratory-based incubator for emerging life science companies by providing laboratory space and access to equipment, business training research collaboration with University faculty and students, faculty and student research space, student work experience and internship opportunities, and technology transfer with the University. It is organized and will be operated to promote, encourage, and aid scientific investigation, research, technological advancement and educational opportunities; promote, encourage and aid in the mutual transfer and application of scientific investigation, research, business and government. |
| Status | Active |
| Extension | Granted |
Financial Information
For Fiscal Year Ending 12/31/2024
INCOME
| Direct Public Support | $33,333 |
| Government Grants | + $0 |
| Other Revenue | + $4,452,054 |
| Total Revenue | $4,485,387 |
EXPENSES
| Amount Spent for Program or Charitable Purposes | $4,071,278 |
| Management/General Expense | + $242,126 |
| Fundraising Expense | + $0 |
| Total Expenses | $4,313,404 |
Excess/Deficit
| Total Revenue | $4,485,387 |
| Total Expenses | - $4,313,404 |
| Excess/Deficit | $171,983 |
End of Year Fund Bal/Net Worth
| Total Assets | $21,109,147 |
| Total Liabilities | - $16,602,652 |
| End of Year Fund Bal/Net Worth | $4,506,495 |
