IRS 990 Nonprofit Profile

Hershey Center for Applied Research Inc

Organization's mission statement: hershey center for applied research, inc's mission is: 1. position hershey center for applied research as an integral part of the community, dedicated to the purpose of bringing vital new life sciences and technology-based businesses to the south central pennsylvania region in order to promote economic development, employment, and retention of a skilled and educated labor force. 2. facilitate the creation of new business through the transfer of technology and business skills among university, industry, government, and non-profit institutions. 3. further stimulate economic development by supporting community events throughout the year to promote local businesses, local artists and musicians through the farmers market & summer concert series held weekly from may through october. 4. provide opportunities for space to house life sciences & technology start ups and spin outs from the university and the community.

Filing year

2024

Total revenue

$270K

Total expenses

$490K

Program expenses

$480K

Administration

$10K

Fundraising

$0

Program share of expenses

98%

EIN

204169577

Location

Louisville, KY