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Nonprofiteer
← UNIVERSITY OF MIAMI

Form 990 for tax year 2022

Filed by UNIVERSITY OF MIAMI.

Totals

Total revenue
$5,921,562,389
Total expenses
$5,495,599,586
Contributions and grants received
$935,249,250
Grants paid
$695,411,265
Program services expenses (Part IX)
$5,242,253,300
Management and general expenses
$223,878,307
Fundraising expenses
$29,467,979
Program service expenses (Part III)
$5,242,253,300

Program services were 95.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Julio Frenk

    President

    Total calculated
    $1,996,002
    From this org
    $1,685,829
    From related orgs
    $0
    Other
    $310,173
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $1,284,604
    Bonus
    $261,135
    Other
    $140,090
    Deferred
    $30,500
    Nontaxable benefits
    $279,673
    Filer's total
    $1,996,002
  • Marc Buoniconti

    Trustee/Senior Director

    Total calculated
    $332,157
    From this org
    $187,440
    From related orgs
    $125,000
    Other
    $19,717
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $161,295 + $125,000 related
    Bonus
    $0
    Other
    $26,145
    Deferred
    $18,753
    Nontaxable benefits
    $964
    Filer's total
    $207,157 + $125,000 related
  • Edward A Dauer

    Trustee / Faculty Member

    Total calculated
    $153,282
    From this org
    $115,449
    From related orgs
    $0
    Other
    $37,833
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $84,162
    Bonus
    $0
    Other
    $31,287
    Deferred
    $12,995
    Nontaxable benefits
    $24,838
    Filer's total
    $153,282
  • Allan M Herbert

    Trustee

    Total calculated
    $44,535
    From this org
    $6,000
    From related orgs
    $0
    Other
    $38,535
    Hours/week
    35
  • Leonard Abess

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Betty G Amos

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Hilarie Bass

    Trustee

    Total calculated
    $0
    Hours/week
    50
  • Jon Batchelor

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Fred Berens

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Tracey Berkowitz

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Joseph Bonner

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Alfred R Camner

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Adam E Carlin

    Trustee

    Total calculated
    $0
    Hours/week
    4
  • Wayne E Chaplin

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Christopher Chen

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Adriana Cisneros

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Charles E Cobb

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Devang Desai

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Paul J DiMare

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • David L Epstein

    Trustee

    Total calculated
    $0
    Hours/week
    7
  • Richard D Fain

    Trustee

    Total calculated
    $0
    Hours/week
    15
  • Miguel B Fernandez

    Trustee

    Total calculated
    $0
    Hours/week
    0.5
  • Phillip Frost

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Phillip T George Rose

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Kourtney Gibson

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Rose Ellen Greene

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Carlos Guzman

    Trustee

    Total calculated
    $0
    Hours/week
    8
  • Barbara Hecht Havenick

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Marilyn J Holifield

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Manuel Kadre

    Trustee & Vice Chair

    Total calculated
    $0
    Hours/week
    5
  • Carolyn B Lamm

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Jayne Sylvester Malfitano

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Jose R Mas

    Trustee

    Total calculated
    $0
    Hours/week
    4
  • Patricia Menendez-Cambo

    Trustee

    Total calculated
    $0
    Hours/week
    4
  • Stuart A Miller

    Trustee

    Total calculated
    $0
    Hours/week
    20
  • William L Morrison

    Trustee

    Total calculated
    $0
    Hours/week
    4
  • Judi Prokop Newman

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Aaron S Podhurst

    Trustee

    Total calculated
    $0
    Hours/week
    10
  • Lois Pope

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Alex E Rodriguez

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Steven J Saiontz

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Robert E Sanchez

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Marvin R Shanken

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Laurie S Silvers

    Trustee & Chair

    Total calculated
    $0
    Hours/week
    20
  • HT Smith Jr

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Jacquelyn R Soffer

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • E Roe Stamps IV

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Ronald G Stone

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Johnny C Taylor Jr

    Trustee & Vice Chair

    Total calculated
    $0
    Hours/week
    5
  • Ana VeigaMilton

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Alice S Vilma

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Jonathan Vilma

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Maribel C Wadsworth

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • David R Weaver

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Geisha Jimenez Williams

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Raymond J Zomerfeld

    Trustee

    Total calculated
    $0
    Hours/week
    3
  • G Ed Williamson II

    Trustee

    Total calculated
    $0
    Hours/week
    3
  • Joseph Echevarria

    CEO

    Total calculated
    $1,835,649
    From this org
    $1,779,669
    From related orgs
    $0
    Other
    $55,980
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $1,242,132
    Bonus
    $510,000
    Other
    $27,537
    Deferred
    $30,500
    Nontaxable benefits
    $25,480
    Filer's total
    $1,835,649
  • Jacqueline A Travisano

    Executive VP & COO

    Total calculated
    $1,105,865
    From this org
    $1,046,855
    From related orgs
    $0
    Other
    $59,010
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $838,007
    Bonus
    $168,714
    Other
    $40,134
    Deferred
    $30,500
    Nontaxable benefits
    $28,510
    Filer's total
    $1,105,865
  • Rudy Fernandez

    EVP of Ops & Ext. Affairs

    Total calculated
    $850,033
    From this org
    $802,310
    From related orgs
    $0
    Other
    $47,723
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $693,002
    Bonus
    $75,012
    Other
    $34,296
    Deferred
    $30,500
    Nontaxable benefits
    $17,223
    Filer's total
    $850,033
  • Frances Davis

    Secretary to the Board/AVP of Strategic Communicat

    Total calculated
    $284,546
    From this org
    $229,322
    From related orgs
    $0
    Other
    $55,224
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $194,006
    Bonus
    $21,000
    Other
    $14,316
    Deferred
    $23,929
    Nontaxable benefits
    $31,295
    Filer's total
    $284,546
  • Dipen J Parekh

    COO of UHealth & Professor

    Total calculated
    $3,441,968
    From this org
    $3,379,451
    From related orgs
    $0
    Other
    $62,517
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $1,184,803
    Bonus
    $1,174,339
    Other
    $1,020,309
    Deferred
    $30,500
    Nontaxable benefits
    $32,017
    Filer's total
    $3,441,968
  • Mario Cristobal

    Head Coach, Football

    Total calculated
    $22,714,382
    From this org
    $22,674,180
    From related orgs
    $0
    Other
    $40,202
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $7,742,857
    Bonus
    $0
    Other
    $14,931,323
    Deferred
    $15,250
    Nontaxable benefits
    $24,952
    Filer's total
    $22,714,382
  • Joseph Lamelas

    Director & Professor

    Total calculated
    $3,054,763
    From this org
    $3,007,585
    From related orgs
    $0
    Other
    $47,178
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $2,951,921
    Bonus
    $0
    Other
    $55,664
    Deferred
    $30,500
    Nontaxable benefits
    $16,678
    Filer's total
    $3,054,763
  • James J Larranaga

    Head Coach, Basketball

    Total calculated
    $2,904,041
    From this org
    $2,850,185
    From related orgs
    $0
    Other
    $53,856
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $2,613,832
    Bonus
    $100,000
    Other
    $136,353
    Deferred
    $30,500
    Nontaxable benefits
    $23,356
    Filer's total
    $2,904,041
  • Dan Radakovich

    VP/Director of Athletics

    Total calculated
    $2,478,881
    From this org
    $2,451,972
    From related orgs
    $0
    Other
    $26,909
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $1,963,812
    Bonus
    $0
    Other
    $488,160
    Deferred
    $0
    Nontaxable benefits
    $26,909
    Filer's total
    $2,478,881
  • Joshua Gattis

    Athletic Coach

    Total calculated
    $2,223,155
    From this org
    $2,204,800
    From related orgs
    $0
    Other
    $18,355
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $1,487,463
    Bonus
    $0
    Other
    $717,337
    Deferred
    $0
    Nontaxable benefits
    $18,355
    Filer's total
    $2,223,155
  • Jeffrey Duerk

    Executive VP & Provost (Frmr)

    Total calculated
    $1,008,092
    From this org
    $947,898
    From related orgs
    $0
    Other
    $60,194
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $821,047
    Bonus
    $55,313
    Other
    $71,538
    Deferred
    $30,500
    Nontaxable benefits
    $29,694
    Filer's total
    $1,008,092
  • Leslie Dellinger Aceituno

    Secretary (Former)

    Total calculated
    $212,290
    From this org
    $165,994
    From related orgs
    $0
    Other
    $46,296
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $164,375
    Bonus
    $0
    Other
    $1,619
    Deferred
    $23,049
    Nontaxable benefits
    $23,247
    Filer's total
    $212,290

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 — 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

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 6a · Pay contingent on this organization's net earnings
  • 7 · Other non-fixed payments

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
  • 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 1a
First Class Travel: First class travel was provided to President Julio Frenk during fiscal year ended May 31, 2023. Travel for Companions: Business-related spousal travel was provided to Dan Radakovich. House and Household Assistance: A house and household assistance is provided to the President Julio Frenk at the convenience of the employer as a condition of employment. Certain amounts were included in taxable income for President Julio Frenk. Non-Taxable Social Club Dues: Social club dues were provided for Jacqueline Travisano, Jeffrey Duerk, and Julio Frenk. The amounts were not included in taxable income. Taxable Social Club Dues: Social club dues were provided for James Larranaga and Rudy Fernandez. Tax Gross-Up Payments: Tax Gross-Up Payments were provided to President Julio Frenk, Jacqueline Travisano, Jeffrey Duerk, Rudy Fernandez, Marc Buoniconti, Dan Radakovich, Joshua Gattis, and Mario Cristobal.
Part I, Line 4b
Non-qualified retirement plans: Non-qualified retirement plans were provided to Dan Radakovich, James Larranaga, Jeffrey Duerk, Joseph Lamelas, and Julio Frenk. Amounts were $20,500 for all noted.
Part I, Line 6
Hospital & Clinic may provide incentives to certain officers, and highly compensated individuals. Incentive payment are based on productivity / efficiency measures, as well as certain financial targets.
Part I, Line 7
Certain officers received sign-on bonuses, and payments for assuming duties outside of their job requirements / description

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
10 April 2024
IRS schema version
2022v5.0
Source object
202421029349300932

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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