Form 990 for tax year 2022
Filed by UNIVERSITY OF NEW ORLEANS RESEARCH & TECHNOLOGY FOUNDATION INC.
Totals
- Total revenue
- $9,987,036
- Total expenses
- $11,031,238
- Contributions and grants received
- $907,411
- Grants paid
- $187,390
- Program service revenue
- $9,137,783
- Investment income
- -$82,597
- Other revenue
- $24,439
- Total assets, end of year
- $83,563,449
- Total liabilities, end of year
- $33,084,668
- Net assets or fund balances, end of year
- $50,478,781
- Program services expenses (Part IX)
- $10,553,137
- Management and general expenses
- $478,101
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $10,553,137
Program services were 95.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$907,411
-
2a · Program service revenue: CONTRACT REVENUE
total $9,406 · related or exempt $9,406
-
2b · Program service revenue: DORMITORY LEASE REVENUES
total $1,241,482 · related or exempt $1,241,482
-
2c · Program service revenue: INTERNATIONAL PROGRAMS
total $461,499 · related or exempt $461,499
-
2d · Program service revenue: PROPERTY OPERATIONS
total $7,425,396 · related or exempt $7,425,396
-
3 · Investment income
total $378,420 · excluded $378,420
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $20,041 · related or exempt $20,041
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $19,813,832
-
7b · Less cost or other basis and sales expenses
securities $20,274,849
-
7c · Gain or loss
securities -$461,017
-
7d · Net gain or loss
total -$461,017 · excluded -$461,017
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Misc Revenue
total $4,398 · related or exempt $4,398
-
11e · Other revenue, total
$4,398
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $177,390 · program services $177,390
-
2 · Grants to domestic individuals
total $10,000 · program services $10,000
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $244,859 · program services $195,887 · management and general $48,972
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $361,400 · program services $302,079 · management and general $59,321
-
8 · Pension plan contributions
total $13,462 · program services $11,250 · management and general $2,212
-
9 · Other employee benefits
total $28,525 · program services $24,239 · management and general $4,286
-
10 · Payroll taxes
total $38,997 · program services $32,126 · management and general $6,871
-
11a · Fees: management
total $532,326 · program services $532,326
-
11b · Fees: legal
total $190,638 · program services $129,550 · management and general $61,088
-
11c · Fees: accounting
total $133,447 · management and general $133,447
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $36,205 · management and general $36,205
-
11g · Fees: other
total $2,730,395 · program services $2,691,262 · management and general $39,133
-
12 · Advertising and promotion
total $2,438 · program services $410 · management and general $2,028
-
13 · Office expenses
total $76,956 · program services $47,284 · management and general $29,672
-
14 · Information technology
total $99,447 · program services $65,798 · management and general $33,649
-
15 · Royalties
total $14,000 · program services $14,000
-
16 · Occupancy
total $1,943,240 · program services $1,943,230 · management and general $10
-
17 · Travel
total $384,530 · program services $378,395 · management and general $6,135
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $157,602 · program services $142,530 · management and general $15,072
-
20 · Interest
total $1,100,801 · program services $1,100,801
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $2,651,163 · program services $2,651,163
-
23 · Insurance
total $7,748 · program services $7,748
-
24a · Other expenses: PROPERTY OPERATIONS/MAINT
total $76,679 · program services $76,679
-
24b · Other expenses: OTHER
total $18,990 · program services $18,990
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,189,474 · end of year $1,945,536
-
2 · Savings and temporary cash investments
beginning of year $3,661,136 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $82,763 · end of year $301,775
-
4 · Accounts receivable
beginning of year $757,722 · end of year $1,004,404
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $29,885,000 · end of year $29,820,000
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $436,905 · end of year $460,106
-
10a · Land, buildings and equipment: cost or other basis
$85,911,373
-
10b · Land, buildings and equipment: accumulated depreciation
$49,647,043
-
10c · Land, buildings and equipment, net
beginning of year $38,489,969 · end of year $36,264,330
-
11 · Investments: publicly traded securities
beginning of year $12,507,891 · end of year $13,767,298
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $962,801 · end of year $845,793
-
19 · Deferred revenue
beginning of year $1,649,736 · end of year $998,084
-
20 · Tax-exempt bond liabilities
beginning of year $30,468,103 · end of year $29,431,083
-
23 · Secured mortgages and notes payable
beginning of year $2,204,161 · end of year $1,717,309
-
25 · Other liabilities
beginning of year $147,664 · end of year $92,399
-
27 · Net assets without donor restrictions
beginning of year $52,456,310 · end of year $50,359,306
-
28 · Net assets with donor restrictions
beginning of year $122,085 · end of year $119,475
Mission and programs · 2022
Mission
-To support any and all programs, facilities, research, and educational opportunities offered by the University of New Orleans and the University of Louisiana System.-To encourage teaching, research, scholarship, and services, and increase the University's benefits to the citizens of the State of Louisiana, the United States of America and the world. -To create, develop, construct, operate, manage and finance one or more research and technology parks, technology enterprise centers and other facilities and operations which promote developement of research and high technology in Louisiana.-To promote cooperation between public and private sectors with respect to research and development; to aid in the attraction, development, and retention of industry in the community. -To support the well-being and advancement of the University of New Orleans by developing, expanding, and improving the University's curricula, programs, and facilities.
Activities or mission (Part I)
To support any and all programs, facilities, research, and educational opportunities offered by the University of New Orleans and the University of Louisiana System.
-
To create, develop, construct, operate, manage and finance one or more research and technology parks, technology enterprise centers and other facilities and operations which promote development of research and high technology in Louisiana.
Expenses $6,724,688 · Revenue $7,425,396
-
To support the well-being and advancement of the University of New Orleans by developing, expanding, and improving the University's curricula, programs, and facilities.
Expenses $2,953,282 · Grants $187,390 · Revenue $1,716,785
-
To promote cooperation between public and private sector with respect to research and development; to aid in the attraction, development, and retention of industry in the community.
Expenses $875,167 · Revenue $20,041
As filed on the 2022 return.
Listed in Part VII
-
John NicklowJOHN NICKLOW
BOARD MEMBER
- Total calculated
- $469,550
- From this org
- $0
- From related orgs
- $351,696
- Other
- $117,854
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $351,696 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $95,554 related
- Nontaxable benefits
- not reported + $22,300 related
- Filer's total
- not reported + $469,550 related
-
Rebecca ConwellREBECCA CONWELL
President & CEO
- Total calculated
- $241,303
- From this org
- $227,044
- From related orgs
- $0
- Other
- $14,259
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $210,600
- Bonus
- $20,000
- Other
- not reported
- Deferred
- $6,757
- Nontaxable benefits
- $7,502
- Filer's total
- $244,859
-
Shafin KhanSHAFIN KHAN
VP EXT AFFAIRS
- Total calculated
- $131,655
- From this org
- $116,993
- From related orgs
- $0
- Other
- $14,662
- Hours/week
- 40
-
Gary SolomonGARY SOLOMON
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jeffery Ehlinger JrJEFFERY EHLINGER JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth FlowerKENNETH FLOWER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Trivia FrazierTRIVIA FRAZIER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David GalloDAVID GALLO
BD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Ayame DinklerAYAME DINKLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael HechtMICHAEL HECHT
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Robert JohnsonROBERT JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kelisha GarrettKELISHA GARRETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Thomas Leonhard JrTHOMAS LEONHARD JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alvin MerlinALVIN MERLIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Norma GraceNORMA GRACE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gordon MuellerGORDON MUELLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Todd JamesTODD JAMES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Paul ReuterPAUL REUTER
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Amanda MoullietAMANDA MOULLIET
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 7: Non-Fixed payments not listed above
- BOARD APPROVED YEAR END BONUS
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
-
UNIVERSITY OF NEW ORLEANS
$105,628
UNIVERSITY SUPPORT
-
$52,762
UNIVERSITY SUPPORT
-
$10,000
UNIVERSITY SUPPORT
-
UL SYSTEM SUPPORT
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 NEW ORLEANS
501(C) 3 · HIGHER EDUCATION · LA
Directly controlled by na
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332579349301613
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