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Nonprofiteer
← UNIVERSITY OF UTAH RESEARCH FOUNDATION

Form 990 for tax year 2022

Filed by UNIVERSITY OF UTAH RESEARCH FOUNDATION.

Totals

Total revenue
$28,580,220
Total expenses
$16,675,326
Contributions and grants received
$3,037,500
Grants paid
$4,378,310
Program service revenue
$0
Investment income
-$414,231
Other revenue
$25,956,951
Total assets, end of year
$339,284,972
Total liabilities, end of year
$231,635,746
Net assets or fund balances, end of year
$107,649,226
Program services expenses (Part IX)
$4,378,310
Management and general expenses
$12,297,016
Fundraising expenses
$0
Program service expenses (Part III)
$4,378,310

Program services were 26.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • TAYLOR R RANDALL

    CHAIR AND DIRECTOR

    Total calculated
    $1,249,604
    From this org
    $0
    From related orgs
    $891,314
    Other
    $358,290
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $798,605 related
    Bonus
    $0
    Other
    $0 + $92,709 related
    Deferred
    $0 + $333,880 related
    Nontaxable benefits
    $0 + $24,576 related
    Filer's total
    $0 + $1,249,770 related

  • ERIN W ROTHWELL

    PRESIDENT,DIRECTOR

    Total calculated
    $486,815
    From this org
    $0
    From related orgs
    $417,921
    Other
    $68,894
    Hours/week
    4

    Schedule J breakdown matched by us

    Base
    $0 + $417,921 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $43,310 related
    Nontaxable benefits
    $0 + $25,767 related
    Filer's total
    $0 + $486,998 related

  • MARTELL L TEASLEY

    EXEC VP AND DIRECTOR

    Total calculated
    $438,148
    From this org
    $0
    From related orgs
    $382,369
    Other
    $55,779
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $382,369 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $43,310 related
    Nontaxable benefits
    $0 + $12,641 related
    Filer's total
    $0 + $438,320 related

  • MITZI MONTOYA

    EXEC VP AND DIRECTOR

    Total calculated
    $30,000
    From this org
    $0
    From related orgs
    $30,000
    Other
    $0
    Hours/week
    1

  • MICHAEL GOOD

    DIRECTOR

    Total calculated
    $1,624,085
    From this org
    $0
    From related orgs
    $1,404,143
    Other
    $219,942
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $1,376,610 related
    Bonus
    $0
    Other
    $0 + $27,534 related
    Deferred
    $0 + $203,500 related
    Nontaxable benefits
    $0 + $16,528 related
    Filer's total
    $0 + $1,624,172 related

  • KATHARINE KU

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CATHY ANDERSON

    DIRECTOR

    Total calculated
    $544,206
    From this org
    $0
    From related orgs
    $434,347
    Other
    $109,859
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $407,347 related
    Bonus
    $0
    Other
    $0 + $27,000 related
    Deferred
    $0 + $93,935 related
    Nontaxable benefits
    $0 + $16,089 related
    Filer's total
    $0 + $544,371 related

  • MASON AILSTOCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BASSAM SALEM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PHYLLIS VETTER

    SECRETARY

    Total calculated
    $518,951
    From this org
    $0
    From related orgs
    $404,784
    Other
    $114,167
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $381,202 related
    Bonus
    $0
    Other
    $0 + $23,582 related
    Deferred
    $0 + $89,063 related
    Nontaxable benefits
    $0 + $25,287 related
    Filer's total
    $0 + $519,134 related

  • JASON ATUAIA

    TREASURER

    Total calculated
    $227,744
    From this org
    $0
    From related orgs
    $172,376
    Other
    $55,368
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $172,376 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $25,718 related
    Nontaxable benefits
    $0 + $29,833 related
    Filer's total
    $0 + $227,927 related

  • JEFF LABRUM

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • PATRICIA ROSS

    DIRECTOR

    Total calculated
    $424,645
    From this org
    $0
    From related orgs
    $326,736
    Other
    $97,909
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $300,754 related
    Bonus
    $0
    Other
    $0 + $25,982 related
    Deferred
    $0 + $73,718 related
    Nontaxable benefits
    $0 + $24,373 related
    Filer's total
    $0 + $424,827 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Pt I Line 4b
TAYLOR RANDALL RECEIVED AN IRC SECTION 457(f)$50,000 DEFERRED COMPENSATION PAYMENT INCLUDED IN WAGES AS THIS AMOUNT WAS NO LONGER AT RISK OF FORFEITURE IN 2022. DEFERRED COMPENSATION FOR TAYLOR RANDALL UNDER IRC SECTION 457(f)OF $229,570.02 WAS ACCRUED/NOT PAID AND IS SUBJECT TO RISK OF FORFEITURE. DEFERRED COMPENSATION FOR MICHAEL GOOD UNDER IRC SECTION 457(f) OF $99,189.95 WAS ACCRUED/NOT PAID AND IS SUBJECT TO RISK OF FOREITURE. THE TERMS AND CONDITIONS OF THE RETIREMENT PLANS ARE THAT THEY ARE SUBJECT TO RISK OF FORFEITURE BASED ON LENGTH OF SERVICE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • UNIVERSITY OF UTAH

    115 & 501(c)(3) · EDUCATION,RESEARCH · UT

    Directly controlled by STATE OF UTAH

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • MOLECULAR CLOUD

    C · MANAGE EQUITY INTERESTS · UT · 100% owned · share of income $0 · share of assets $0 · controlled entity

    Directly controlled by UURF

Provenance

Return type
form_990
Tax year
2022
Filed
1 February 2024
IRS schema version
2022v5.0
Source object
202420329349301862

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