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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Science & Technology Research Parallax Advanced Research Corporation

Parallax Advanced Research Corporation

Fiscal year ending 2023. Filed on May 14, 2024.

4035 Colonel Glenn Hwy Suite 200
Beavercreek, Ohio 45431

Parallax Advanced Research Corporation (EIN: 16-1704454) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Parallax Advanced Research Corporation, a 501(c)(3) charitable organization, reported compensation for 41 out of 133 total employees. Among the employees shown here, the average compensation is $204,907. The highest compensated employee at Parallax Advanced Research Corporation is Dennis Andersh with fiscal year 2023 compensation of $369,393. Parallax Advanced Research Corporation changed its name from Wright State Applied Research Corp. in 2021.

Revenue, expenses, and employee compensation

Revenue

$45,989,638

Expenses

$45,816,869

Employee compensation

$19,383,385
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dennis Andersh
President and Chief Executive Officer
$369,393
$369,393 No related compNo other comp
Viktoria Greanya
Key Employee
$292,972
$292,972 No related compNo other comp
Michael Pearsall
Treasurer and Secretary
$271,380
$271,380 No related compNo other comp
Mary Margaret Evans
Secretary
$266,625
$266,625 No related compNo other comp
Frank Digiovanni
Key Employee
$265,469
$265,469 No related compNo other comp
Darrell Lochtefeld
Key Employee
$259,411
$259,411 No related compNo other comp
Bruce Howard
Key Employee
$258,201
$258,201 No related compNo other comp
Robert Tanner
Key Employee
$253,416
$253,416 No related compNo other comp
David Gross
Key Employee
$250,653
$250,653 No related compNo other comp
Henry Parunak
Key Employee
$245,284
$245,284 No related compNo other comp
Todd Myers
Key Employee
$241,245
$241,245 No related compNo other comp
Mary Williams
Key Employee
$237,518
$237,518 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Carmel Ortiz
Director
Dr Michael Farrell
Director
Dr Richard Joseph
Director
Gary Kessler
Director
Gayle Rominger
Director
Greg Morris
Director
Jeff Stanley
Director
Lloyd Fields
Director
Michael Hripko
Director
Richard Graf
Director
Susan Thornton
Director
Wanda Gamble
Director

Contractors

Vertx
Apex- Small Bus
$2,595,416
The Ohio State University
Ofrn - R&D
$2,021,170
Asymmetric Tech LLC
Ofrn - R&D
$945,748
Safran Power USA LLC
Ofrn - R&D
$944,162
Flightprofiler
Ofrn- R&D
$787,612

Mission Statement

PART I, LINE 1 THE ORGANIZATION'S MISSION IS TO OPERATE EXCLUSIVELY FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES TO INCLUDE PROMOTING, ENCOURAGING AND ASSISTING IN SCIENTIFIC RESEARCH AND DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC AND THE TRANSITION TO OHIO INDUSTRY OF ADVANCED DATA COLLECTION, MANAGEMENT AND ANALYSIS TECHNOLOGIES. FOSTERING COLLABORATION BETWEEN THE RESEARCH CENTERS OF OHIO INFORMATION TECHNOLOGY AND RELATED COMPANIES, ACADEMIC INSTITUTIONS AND GOVERNMENTAL RESEARCH FACILITIES, ENCOURAGING THE RETENTION, DEVELOPMENT AND EXPANSION OF THE INFORMATION TECHNOLOGY AND RELATED INDUSTRIES IN OHIO AND PROMOTING, ENCOURAGING AND ASSISTING IN SCIENTIFIC RESEARCH TO AID IN THE EDUCATION OF COLLEGE AND UNIVERSITY STUDENTS.

Revisions to this organization profile

May 14, 2024:
2023 Parallax Advanced Research Corporation 990 filed
March 29, 2023:
2022 Parallax Advanced Research Corporation 990 filed
March 28, 2022:
2021 Parallax Advanced Research Corporation 990 filed

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