Form 990 for tax year 2023
Filed by NATIONAL COLLEGIATE INVENTORS & INNOVATORS ALLIANCE.
Totals
- Total revenue
- $116,586,489
- Total expenses
- $110,811,872
- Contributions and grants received
- $6,951,186
- Grants paid
- $5,691,603
- Program service revenue
- $108,534,310
- Investment income
- $1,088,852
- Other revenue
- $12,141
- Total assets, end of year
- $67,322,326
- Total liabilities, end of year
- $33,344,016
- Net assets or fund balances, end of year
- $33,978,310
- Program services expenses (Part IX)
- $96,646,706
- Management and general expenses
- $13,394,199
- Fundraising expenses
- $770,967
- Program service expenses (Part III)
- $96,646,706
Program services were 87.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Abigail Barrow
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Todd Warren
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Mike Marasco
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Gilda Barabino
Director
- Total calculated
- $0
- Hours/week
- 1
-
Carol Dahl
Director
- Total calculated
- $0
- Hours/week
- 1
-
Monica Dean
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jose Estabil
Director
- Total calculated
- $0
- Hours/week
- 1
-
Randy Lewis
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rodney Priestley
Director
- Total calculated
- $0
- Hours/week
- 1
-
Youseph Yazdi
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jerry Engel
Emeritus Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Mike Malone
Emeritus Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Donna Petkanics
Emeritus Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Paul Yock
Emeritus Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Philip Weilerstein
President & CEO
- Total calculated
- $410,572
- From this org
- $346,432
- From related orgs
- $0
- Other
- $64,140
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $299,261
- Bonus
- $46,546
- Other
- $625
- Deferred
- $22,500
- Nontaxable benefits
- $41,640
- Filer's total
- $410,572
-
Mark Marino
VP, Growth Strategy
- Total calculated
- $268,361
- From this org
- $221,971
- From related orgs
- $0
- Other
- $46,390
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $213,846
- Bonus
- $7,500
- Other
- $625
- Deferred
- $22,500
- Nontaxable benefits
- $23,890
- Filer's total
- $268,361
-
Christopher Desrosiers
VP, Fin & Admin (Non-Director)
- Total calculated
- $262,943
- From this org
- $226,861
- From related orgs
- $0
- Other
- $36,082
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $198,486
- Bonus
- $27,750
- Other
- $625
- Deferred
- $0
- Nontaxable benefits
- $36,082
- Filer's total
- $262,943
-
Ursa Scherer
VP, People & Culture
- Total calculated
- $252,945
- From this org
- $217,990
- From related orgs
- $0
- Other
- $34,955
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $189,615
- Bonus
- $27,750
- Other
- $625
- Deferred
- $0
- Nontaxable benefits
- $34,955
- Filer's total
- $252,945
-
Demetria Gallagher
VP, Higher Ed Innov. Ecosystems
- Total calculated
- $239,937
- From this org
- $215,628
- From related orgs
- $0
- Other
- $24,309
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $202,572
- Bonus
- $12,431
- Other
- $625
- Deferred
- $0
- Nontaxable benefits
- $24,309
- Filer's total
- $239,937
-
Christina Tamer
VP, Ventures
- Total calculated
- $223,222
- From this org
- $190,418
- From related orgs
- $0
- Other
- $32,804
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $171,135
- Bonus
- $18,658
- Other
- $625
- Deferred
- $0
- Nontaxable benefits
- $32,804
- Filer's total
- $223,222
-
Rebekah Neal
VP, Commercialization
- Total calculated
- $206,594
- From this org
- $176,297
- From related orgs
- $0
- Other
- $30,297
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $166,213
- Bonus
- $9,459
- Other
- $625
- Deferred
- $0
- Nontaxable benefits
- $30,297
- Filer's total
- $206,594
-
Jennifer Holme
Chief of Staff, Asst. Sec. (Non-Director)
- Total calculated
- $188,628
- From this org
- $148,221
- From related orgs
- $0
- Other
- $40,407
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $119,894
- Bonus
- $10,899
- Other
- $17,428
- Deferred
- $22,500
- Nontaxable benefits
- $17,907
- Filer's total
- $188,628
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 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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
- The organization provided bonus compensation and stipends to its officers and employees during the year.
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
-
$562,500
WFF Advanced Mobility Venture Studio Operations
-
Funding, hands-on workshops, peer networking opportunities, and expert coaching for student teams working to commercialize their high-impact science and technology inventions.
-
$65,000
Funding, hands-on workshops, peer networking opportunities, and expert coaching for student teams working to commercialize their high-impact science and technology inventions.
-
$50,000
Grants to help fund and support faculty with innovative ideas to create new or transform existing courses and programs to help students develop novel, STEM-based inventions and gain the necessary entrepreneurial skills needed to bring these ideas to market and funding, hands-on workshops, peer networking opportunities, and expert coaching for student teams working to commercialize their high-impact science and technology inventions.
-
$50,000
Funding, hands-on workshops, peer networking opportunities, and expert coaching for student teams working to commercialize their high-impact science and technology inventions.
-
$50,000
International Fund for Agricultural Development (IFAD) 2023 Moonshots for Development Award for development of AI for climate reilience.
-
2024 Innovate Egypt Business Incubation Host; GIST Business Incubation Host
-
$42,500
NSF Includes Stipend; Funding, hands-on workshops, peer networking opportunities, and expert coaching for student teams working to commercialize their high-impact science and technology inventions.
-
Funding for new initiatives that will develop into useful resources for the VentureWell community and beyond.
-
Funding, hands-on workshops, peer networking opportunities, and expert coaching for student teams working to commercialize their high-impact science and technology inventions.
The 10 largest by cash amount. The API serves every itemized grant.
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
VentureWell LLC
To invest in and advise student-created ventures · MA · income $0 · assets $0
Directly controlled by National Collegiate Inventors & Innovators Alliance Inc
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 18 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501119349301415
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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