Totals
- Total revenue
- $1,207,400
- Total expenses
- $1,088,009
- Contributions and grants received
- $341,261
- Grants paid
- $0
- Program service revenue
- $863,125
- Investment income
- $0
- Other revenue
- $3,014
- Total assets, end of year
- $22,493,216
- Total liabilities, end of year
- $11,432,860
- Net assets or fund balances, end of year
- $11,060,356
- Program services expenses (Part IX)
- $1,048,997
- Management and general expenses
- $39,012
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,048,997
Program services were 96.4% 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.
-
1f · All other contributions, gifts and grants
$341,261
-
2a · Program service revenue: LEASE INTEREST INCOME
total $672,441 · related or exempt $672,441
-
2b · Program service revenue: LAND LEASE REVENUE
total $190,684 · related or exempt $190,684
-
11a · Other revenue: OTHER
total $3,014 · excluded $3,014
-
11e · Other revenue, total
$3,014
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $203,686 · program services $203,686
-
11c · Fees: accounting
total $145,210 · program services $112,660 · management and general $32,550
-
11g · Fees: other
total $89,674 · program services $89,674
-
13 · Office expenses
total $3,447 · program services $3,447
-
17 · Travel
total $7,816 · program services $7,816
-
19 · Conferences, conventions and meetings
total $3,640 · program services $3,640
-
22 · Depreciation, depletion and amortization
total $360,526 · program services $360,526
-
23 · Insurance
total $6,462 · management and general $6,462
-
24a · Other expenses: EDA EXPENSE
total $262,702 · program services $262,702
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $4,385 · program services $4,385
-
24c · Other expenses: MISCELLANEOUS
total $461 · program services $461
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $108,731 · end of year $738,806
-
3 · Pledges and grants receivable
beginning of year $5,820,179
-
4 · Accounts receivable
beginning of year $18,010
-
7 · Other notes and loans receivable
beginning of year $8,632,917 · end of year $8,725,177
-
9 · Prepaid expenses and deferred charges
beginning of year $2,693 · end of year $2,693
-
10a · Land, buildings and equipment: cost or other basis
$12,987,687
-
10b · Land, buildings and equipment: accumulated depreciation
$1,808,285
-
10c · Land, buildings and equipment, net
beginning of year $11,539,929 · end of year $11,179,402
-
11 · Investments: publicly traded securities
beginning of year $1,721,907 · end of year $1,847,138
-
17 · Accounts payable and accrued expenses
beginning of year $734,122 · end of year $88,997
-
19 · Deferred revenue
beginning of year $11,539,900 · end of year $11,343,863
-
25 · Other liabilities
beginning of year $4,754,609 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $10,815,735 · end of year $11,060,356
Mission and programs · 2023
Mission
THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE PURPOSES OF SUPPORTING, PROMOTING, AND REPORTING RESEARCH ACTIVITIES AT THE UNIVERSITY OF NEVADA, LAS VEGAS, AS AN ENTITY OF THE BOARD OF REGENTS OF THE NEVADA SYSTEM OF HIGHER EDUCATION / NSHE AND COMMERCIALIZATION OPPORTUNITIES THAT MAY BE CREATED AS A RESULT OF RESEARCH ACTIVITIES TO ENHANCE ECONOMIC DEVELOPMENT IN NEVADA.
Activities or mission (Part I)
TO ENCOURAGE ENTREPRENEURSHIP AND THE DEVELOPMENT OF RESEARCH TO SUPPORT UNLV.
-
THE MISSION OF THE FOUNDATION IS TO SUPPORT UNLV RESEARCH BY DEVELOPING AND MAINTAINING UNLV RESEARCH AND TECHNOLOGY PARKS TO ENHANCE INTELLECTUAL, SCIENTIFIC, AND FINANCIAL GROWTH FOR THE UNIVERSITY. TO FULFILL THIS MISSION, THE FOUNDATION IS FACILITATING THE REAL ESTATE DEVELOPMENT OF THE UNLV HARRY REID RESEARCH AND TECHNOLOGY PARK.
Expenses $1,048,997 · Revenue $863,125
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Steve ComerSTEVE COMER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy AgueroJEREMY AGUERO
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Casey WymanCASEY WYMAN
TREASURER/SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jean VockJEAN VOCK
TREASURER/SECRETARY (LEFT 12/23)
- Total calculated
- $0
- Hours/week
- 1
-
David BeldingDAVID BELDING
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bo BernhardBO BERNHARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rosemary BrockROSEMARY BROCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David HatchettDAVID HATCHETT
MEMBER/DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher HeaveyCHRISTOPHER HEAVEY
MEMBER/DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David D RossDAVID D ROSS
MEMBER/DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dan TuntlandDAN TUNTLAND
MEMBER/DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Keith E WhitfieldKEITH E WHITFIELD
MEMBER/DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zachary MilesZACHARY MILES
EXECUTIVE DIRECTOR
- Total calculated
- $326,970
- From this org
- $0
- From related orgs
- $263,500
- Other
- $63,470
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $263,500 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $43,185 related
- Nontaxable benefits
- $0 + $20,285 related
- Filer's total
- $0 + $326,970 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
- ZACHARY MILES IS AN EMPLOYEE AT UNLV AND COMPENSATION IS SET ACCORDING TO A WRITTEN EMPLOYMENT CONTRACT.
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.
-
501(C)(3) · UNIVERSITY · NV
-
UNLV FOUNDATION
501(C)(3) · FUNDRAISING · NV
Directly controlled by BOARD OF REG
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501259349302270
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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