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← UNIVERSITY LICENSE EQUITY HOLDINGS INC

Form 990 for tax year 2022

Filed by UNIVERSITY LICENSE EQUITY HOLDINGS INC.

Totals

Total revenue
$18,625,915
Total expenses
$4,161,054
Contributions and grants received
$12,872,716
Grants paid
$0
Program service revenue
$100,000
Investment income
$5,653,199
Other revenue
$0
Total assets, end of year
$22,530,586
Total liabilities, end of year
$43,243
Net assets or fund balances, end of year
$22,487,343
Program services expenses (Part IX)
$4,078,845
Management and general expenses
$82,209
Fundraising expenses
$0
Program service expenses (Part III)
$4,078,845

Program services were 98.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • STEVE VANNURDEN

    TREASURER/SECRETARY

    Total calculated
    $571,555
    From this org
    $0
    From related orgs
    $522,623
    Other
    $48,932
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $522,623 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $18,432 related
    Filer's total
    $0 + $571,555 related

  • MASSIMO RUZZENE

    REGENT DIRECTOR

    Total calculated
    $414,017
    From this org
    $0
    From related orgs
    $360,538
    Other
    $53,479
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $360,538 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $26,951 related
    Nontaxable benefits
    $0 + $26,528 related
    Filer's total
    $0 + $414,017 related

  • KIMBERLY SPIERING

    REGENT DIRECTOR

    Total calculated
    $235,315
    From this org
    $0
    From related orgs
    $191,598
    Other
    $43,717
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $191,598 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $19,696 related
    Nontaxable benefits
    $0 + $24,021 related
    Filer's total
    $0 + $235,315 related

  • CATHARINE MERIGOLD

    CHAIRWOMAN

    Total calculated
    $0
    Hours/week
    1

  • MARK LUPA

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • TIM MILLS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHIDOZIE UGWUMBA

    REGENT DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DON MORIE

    DIRECTOR OF FINANCE

    Total calculated
    $125,013
    From this org
    $0
    From related orgs
    $86,533
    Other
    $38,480
    Hours/week
    1 + 40 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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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)

PART I, LINE 3
THE OFFICERS AND DIRECTORS LISTED ON SCHEDULE J ARE EMPLOYED BY THE UNIVERSITY OF COLORADO, A STATE GOVERNMENTAL UNIT. THEIR COMPENSATION IS DETERMINED UNDER THE COLORADO STATE LAW REQUIREMENTS FOR UNIVERSITY EMPLOYEES.

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

No itemized grants to organizations 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.

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • AML JV LLC

    RELATED · DEVELOPMENT OF DATA DRIVEN HEALTHCARE SOLUTIONS · DE · 50% owned · share of income -$3,643,274 · share of assets $7,056,726 · general or managing partner

    Directly controlled by UNIVERSITY LICENSE EQUITY HOLDINGS

Provenance

Return type
form_990
Tax year
2022
Filed
9 May 2024
IRS schema version
2022v5.0
Source object
202421319349302117

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