Form 990 for tax year 2024
Filed by UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE.
Totals
- Total revenue
- $252,324,428
- Total expenses
- $226,737,125
- Contributions and grants received
- $10,717,056
- Grants paid
- $20,662,745
- Program service revenue
- $234,714,161
- Investment income
- $4,641,309
- Other revenue
- $2,251,902
- Total assets, end of year
- $228,520,139
- Total liabilities, end of year
- $37,954,162
- Net assets or fund balances, end of year
- $190,565,977
- Program services expenses (Part IX)
- $203,005,429
- Management and general expenses
- $23,731,696
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $203,005,429
Program services were 89.5% 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.
-
1d · Related organizations
$18,926
-
1f · All other contributions, gifts and grants
$10,698,130
-
2a · Program service revenue: RESEARCH GRANT
total $130,905,804 · related or exempt $130,905,804
-
2b · Program service revenue: CLINICAL RESEARCH
total $53,358,397 · related or exempt $52,285,790 · unrelated business $1,072,607
-
2c · Program service revenue: FEDERAL F AND A REVENUE
total $50,210,541 · related or exempt $50,210,541
-
2d · Program service revenue: TECHNOLOGY REVENUE
total $239,419 · related or exempt $239,419
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $4,642,323 · excluded $4,642,323
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $60,625,060
-
7b · Less cost or other basis and sales expenses
securities $60,626,074
-
7c · Gain or loss
securities -$1,014 · other assets $0
-
7d · Net gain or loss
total -$1,014 · excluded -$1,014
-
11d · All other revenue
total $2,251,902 · related or exempt $0 · unrelated business $0 · excluded $2,251,902
-
11e · Other revenue, total
$2,251,902
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $19,297,683 · program services $19,297,683
-
2 · Grants to domestic individuals
total $1,365,062 · program services $1,365,062
-
5 · Compensation of officers, directors and key employees
total $342,812 · management and general $342,812
-
7 · Other salaries and wages
total $97,714,336 · program services $83,047,497 · management and general $14,666,839
-
8 · Pension plan contributions
total $7,222,226 · program services $5,996,222 · management and general $1,226,004
-
9 · Other employee benefits
total $12,689,611 · program services $10,676,236 · management and general $2,013,375
-
10 · Payroll taxes
total $6,612,170 · program services $5,525,079 · management and general $1,087,091
-
11b · Fees: legal
total $345,329 · program services $343,174 · management and general $2,155
-
11g · Fees: other
total $56,511,046 · program services $55,866,038 · management and general $645,008 · fundraising $0
-
12 · Advertising and promotion
total $111,555 · program services $111,005 · management and general $550
-
13 · Office expenses
total $1,926,283 · program services $1,850,208 · management and general $76,075
-
14 · Information technology
total $2,269,379 · program services $533,101 · management and general $1,736,278
-
16 · Occupancy
total $650,958 · program services $499,298 · management and general $151,660
-
17 · Travel
total $2,171,690 · program services $1,964,440 · management and general $207,250
-
18 · Travel or entertainment for public officials
total $423,823 · program services $423,823
-
23 · Insurance
total $113,085 · program services $2,508 · management and general $110,577
-
24a · Other expenses: RESEARCH SUPPLIES
total $12,444,488 · program services $12,069,772 · management and general $374,716 · fundraising $0
-
24b · Other expenses: EQUIPMENT
total $2,829,438 · program services $2,269,600 · management and general $559,838 · fundraising $0
-
24c · Other expenses: DUES, MEMBERSHIPS & SUBSCRIPTIONS
total $1,114,776 · program services $605,965 · management and general $508,811 · fundraising $0
-
24d · Other expenses: BAD DEBT EXPENSE
total $558,718 · program services $558,718 · management and general $0 · fundraising $0
-
24e · All other expenses
total $22,657 · program services $0 · management and general $22,657 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $10,489,886 · end of year $250,000
-
2 · Savings and temporary cash investments
end of year $42,489,183
-
3 · Pledges and grants receivable
beginning of year $18,945,532 · end of year $22,687,609
-
4 · Accounts receivable
beginning of year $26,029,195 · end of year $26,473,331
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $879,336 · end of year $773,759
-
10a · Land, buildings and equipment: cost or other basis
$2,200,191
-
10b · Land, buildings and equipment: accumulated depreciation
$776,492
-
10c · Land, buildings and equipment, net
beginning of year $1,189,556 · end of year $1,423,699
-
11 · Investments: publicly traded securities
beginning of year $137,192,569 · end of year $133,461,254
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $1,805,077 · end of year $961,304
-
17 · Accounts payable and accrued expenses
beginning of year $18,282,454 · end of year $19,824,166
-
19 · Deferred revenue
beginning of year $16,821,143 · end of year $17,710,510
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $787,129 · end of year $419,486
-
27 · Net assets without donor restrictions
beginning of year $156,005,487 · end of year $186,221,309
-
28 · Net assets with donor restrictions
beginning of year $4,634,938 · end of year $4,344,668
Mission and programs · 2024
Mission
PROMOTING AND AIDING IN THE FULFILLMENT OF SCIENTIFIC RESEARCH, EDUCATIONAL, AND SERVICE FUNCTIONS OF THE UNIVERSITY OF KANSAS MEDICAL CENTER. MANAGES GRANTS AND CONTRACTS FOR PROJECTS CONDUCTED BY PRINCIPAL INVESTIGATORS WHO SERVE AS FACULTY AT THE UNIVERSITY OF KANSAS MEDICAL CENTER.
Activities or mission (Part I)
THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE, INC. SUPPORTS THE RESEARCH ACTIVITIES OF THE UNIVERSITY OF KANSAS MEDICAL CENTER.
-
THE RESEARCH INSTITUTE WAS ESTABLISHED IN 1992 TO PROMOTE, SUPPORT, AND ENHANCE MEDICAL RESEARCH FOR THE BENEFIT OF THE PUBLIC BY ADMINISTERING FUNDED RESEARCH PROJECTS ON BEHALF OF THE UNIVERSITY OF KANSAS MEDICAL CENTER (KUMC). THE RESEARCH INSTITUTE'S OBJECTIVES ARE TO: 1) SERVE KUMC BY PROMOTING AND OPERATING AT THE HIGHEST LEVEL OF ADMINISTRATIVE AND FINANCIAL HONESTY AND INTEGRITY, 2) FOSTER INDIVIDUAL CONSORTIA PARTNERSHIPS BETWEEN KUMC RESEARCHERS AND NATIONAL, REGIONAL AND LOCAL RESEARCH BIO-MEDICAL COMMUNITIES, 3) ENHANCE REVENUE TO RESEARCHERS AND THE UNIVERSITY THROUGH THE TRANSFER OF RESEARCH DISCOVERIES AND OTHER INFORMATION TO THE PRIVATE SECTOR; AND 4) FACILITATE COOPERATIVE RESEARCH INTERACTIONS DOMESTICALLY AND INTERNATIONALLY BETWEEN THE KUMC AND CORPORATIONS, AND WITH OTHER RESEARCH CENTERS THROUGHOUT THE GREATER KANSAS CITY METROPOLITAN AREA.
Expenses $203,005,429 · Grants $20,662,745 · Revenue $233,641,554
As filed on the 2024 return.
Listed in Part VII
-
David VranicarDAVID VRANICAR
DIRECTOR
- Total calculated
- $574,916
- From this org
- $0
- From related orgs
- $516,655
- Other
- $58,261
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $515,355 related
- Bonus
- $0
- Other
- $0 + $1,300 related
- Deferred
- $0 + $29,325 related
- Nontaxable benefits
- $0 + $28,936 related
- Filer's total
- $0 + $574,916 related
-
Doug GirodDOUG GIROD
DIRECTOR
- Total calculated
- $1,071,548
- From this org
- $0
- From related orgs
- $899,419
- Other
- $172,129
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $639,236 related
- Bonus
- $0
- Other
- $0 + $260,183 related
- Deferred
- $0 + $41,893 related
- Nontaxable benefits
- $0 + $130,236 related
- Filer's total
- $0 + $1,071,548 related
-
Jeff DewittJEFF DEWITT
DIRECTOR
- Total calculated
- $408,844
- From this org
- $0
- From related orgs
- $361,699
- Other
- $47,145
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $338,285 related
- Bonus
- $0
- Other
- $0 + $23,414 related
- Deferred
- $0 + $29,325 related
- Nontaxable benefits
- $0 + $17,820 related
- Filer's total
- $0 + $408,844 related
-
Matthias SalatheMATTHIAS SALATHE
DIRECTOR
- Total calculated
- $493,014
- From this org
- $0
- From related orgs
- $448,998
- Other
- $44,016
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $430,892 related
- Bonus
- $0
- Other
- $0 + $18,106 related
- Deferred
- $0 + $29,325 related
- Nontaxable benefits
- $0 + $14,691 related
- Filer's total
- $0 + $493,014 related
-
Steven StitesSTEVEN STITES
DIRECTOR
- Total calculated
- $132,430
- From this org
- $0
- From related orgs
- $121,030
- Other
- $11,400
- Hours/week
- 1 + 39 related
-
Paul TolerPAUL TOLER
CFO/TREASURER
- Total calculated
- $320,019
- From this org
- $271,607
- From related orgs
- $0
- Other
- $48,412
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $271,607
- Bonus
- $0
- Other
- $0
- Deferred
- $22,800
- Nontaxable benefits
- $25,612
- Filer's total
- $320,019
-
Jaime PhalpJAIME PHALP
SENIOR DIRECTOR, RA CRO
- Total calculated
- $225,702
- From this org
- $205,843
- From related orgs
- $0
- Other
- $19,859
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $199,785
- Bonus
- $0
- Other
- $6,058
- Deferred
- $17,470
- Nontaxable benefits
- $2,389
- Filer's total
- $225,702
-
Jennifer StaleyJENNIFER STALEY
SENIOR DIRECTOR OF SYSTEMS ADMIN
- Total calculated
- $190,238
- From this org
- $150,790
- From related orgs
- $0
- Other
- $39,448
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $125,409
- Bonus
- $0
- Other
- $25,381
- Deferred
- $12,740
- Nontaxable benefits
- $26,708
- Filer's total
- $190,238
-
Mario MedinaMARIO MEDINA
SENIOR DIRECTOR, RA SPA
- Total calculated
- $255,166
- From this org
- $217,662
- From related orgs
- $0
- Other
- $37,504
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $217,662
- Bonus
- $0
- Other
- $0
- Deferred
- $18,379
- Nontaxable benefits
- $19,125
- Filer's total
- $255,166
-
Matthew WoolleyMATTHEW WOOLLEY
SENIOR DIRECTOR, RA FINANCE
- Total calculated
- $190,267
- From this org
- $151,262
- From related orgs
- $0
- Other
- $39,005
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $151,162
- Bonus
- $0
- Other
- $100
- Deferred
- $12,834
- Nontaxable benefits
- $26,171
- Filer's total
- $190,267
-
Ruth SosnoffRUTH SOSNOFF
EXECUTIVE DIRECTOR, STRATEGIC INITIATIVES
- Total calculated
- $252,407
- From this org
- $211,696
- From related orgs
- $0
- Other
- $40,711
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $201,790
- Bonus
- $0
- Other
- $9,906
- Deferred
- $17,953
- Nontaxable benefits
- $22,758
- Filer's total
- $252,407
-
Abiodun AkinwuntanABIODUN AKINWUNTAN
FORMER DIRECTOR
- Total calculated
- $423,847
- From this org
- $0
- From related orgs
- $363,031
- Other
- $60,816
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $361,731 related
- Bonus
- $0
- Other
- $0 + $1,300 related
- Deferred
- $0 + $29,325 related
- Nontaxable benefits
- $0 + $31,491 related
- Filer's total
- $0 + $423,847 related
-
Adrienne KordalskiADRIENNE KORDALSKI
FORMER DIRECTOR
- Total calculated
- $315,544
- From this org
- $0
- From related orgs
- $270,582
- Other
- $44,962
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $269,282 related
- Bonus
- $0
- Other
- $0 + $1,300 related
- Deferred
- $0 + $22,945 related
- Nontaxable benefits
- $0 + $22,017 related
- Filer's total
- $0 + $315,544 related
-
Akinlolu OjoAKINLOLU OJO
FORMER DIRECTOR
- Total calculated
- $808,876
- From this org
- $0
- From related orgs
- $755,729
- Other
- $53,147
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $703,859 related
- Bonus
- $0
- Other
- $0 + $51,870 related
- Deferred
- $0 + $29,325 related
- Nontaxable benefits
- $0 + $23,822 related
- Filer's total
- $0 + $808,876 related
-
Barbara PolivkaBARBARA POLIVKA
FORMER DIRECTOR
- Total calculated
- $262,480
- From this org
- $0
- From related orgs
- $229,988
- Other
- $32,492
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $144,880 related
- Bonus
- $0
- Other
- $0 + $85,108 related
- Deferred
- $0 + $19,182 related
- Nontaxable benefits
- $0 + $13,310 related
- Filer's total
- $0 + $262,480 related
-
Danny WelchDANNY WELCH
FORMER DIRECTOR
- Total calculated
- $287,951
- From this org
- $0
- From related orgs
- $253,930
- Other
- $34,021
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $204,660 related
- Bonus
- $0
- Other
- $0 + $49,270 related
- Deferred
- $0 + $21,165 related
- Nontaxable benefits
- $0 + $12,856 related
- Filer's total
- $0 + $287,951 related
-
Holly HullHOLLY HULL
FORMER DIRECTOR
- Total calculated
- $200,142
- From this org
- $0
- From related orgs
- $163,535
- Other
- $36,607
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $163,535 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $13,870 related
- Nontaxable benefits
- $0 + $22,737 related
- Filer's total
- $0 + $200,142 related
-
Jacob SosnoffJACOB SOSNOFF
FORMER DIRECTOR
- Total calculated
- $305,179
- From this org
- $0
- From related orgs
- $267,493
- Other
- $37,686
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $206,941 related
- Bonus
- $0
- Other
- $0 + $60,552 related
- Deferred
- $0 + $22,683 related
- Nontaxable benefits
- $0 + $15,003 related
- Filer's total
- $0 + $305,179 related
-
Lisa HoebelheinrichLISA HOEBELHEINRICH
FORMER DIRECTOR
- Total calculated
- $260,185
- From this org
- $230,268
- From related orgs
- $0
- Other
- $29,917
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $67,831
- Bonus
- $0
- Other
- $162,437
- Deferred
- $19,492
- Nontaxable benefits
- $10,425
- Filer's total
- $260,185
-
Peter SmithPETER SMITH
FORMER DIRECTOR
- Total calculated
- $567,480
- From this org
- $0
- From related orgs
- $501,683
- Other
- $65,797
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $468,245 related
- Bonus
- $0
- Other
- $0 + $33,438 related
- Deferred
- $0 + $41,220 related
- Nontaxable benefits
- $0 + $24,577 related
- Filer's total
- $0 + $567,480 related
-
Sally MaliskiSALLY MALISKI
FORMER DIRECTOR
- Total calculated
- $234,785
- From this org
- $0
- From related orgs
- $207,378
- Other
- $27,407
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $72,163 related
- Bonus
- $0
- Other
- $0 + $135,215 related
- Deferred
- $0 + $17,243 related
- Nontaxable benefits
- $0 + $10,164 related
- Filer's total
- $0 + $234,785 related
-
Steven WeinmanSTEVEN WEINMAN
FORMER DIRECTOR
- Total calculated
- $294,701
- From this org
- $0
- From related orgs
- $249,714
- Other
- $44,987
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $249,714 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $20,815 related
- Nontaxable benefits
- $0 + $24,172 related
- Filer's total
- $0 + $294,701 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
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
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
- 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)
- Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
- DOUG GIROD PARTICIPATED IN A 457(F) NONQUALIFIED RETIREMENT PLAN. THERE WERE NO CONTRIBUTIONS TO THE PLAN DURING THE YEAR.
- Schedule J, Part II & FORM 990, PART VII
- ALL OFFICERS ARE COMPENSATED BY THE UNIVERSITY OF KANSAS MEDICAL CENTER, A RELATED ORGANIZATION. RESEARCH INSTITUTE REIMBURSES THE UNIVERSITY OF KANSAS MEDICAL CENTER FOR THE COMPENSATION. THE PRESENTATION ON FORM 990, PART VII IS BASED ON HOW THE INDIVIDUAL SPENDS THEIR TIME, PER THE FORM 990 INSTRUCTIONS.
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 KANSAS MEDICAL CENTER
$4,500,000
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 KS
501(c)(1) · EDUCATION · KS
Directly controlled by NA
-
UNIVERSITY OF KANSAS MEMORIAL CORP
501(c)(3) · RETAIL · KS · controlled entity
Directly controlled by UNIV OF KS
-
KU CENTER FOR TECH COMMERCIALIZATION INC
501(c)(3) · PATENTS · KS · controlled entity
Directly controlled by KUMC - RI
-
STUDENT UNION OF UNIV OF KS MED CTR
501(c)(3) · RETAIL · KS · controlled entity
Directly controlled by UNIV OF KS
-
UNIVERSITY OF KANSAS CENTER FOR RESEARCH
501(c)(3) · ADMIN · KS · controlled entity
Directly controlled by UNIV OF KS
-
501(c)(3) · HEALTHCARE · KS · controlled entity
Directly controlled by UNIV OF KS
-
KU CAMPUS DEVELOPMENT CORP
501(c)(1) · ADMIN · KS · controlled entity
Directly controlled by UNIV OF KS
-
UNIVERSITY OF KANSAS MEDICAL CENTER
501(c)(1) · MEDICAL CTR · KS · controlled entity
Directly controlled by UNIV OF KS
-
KU MEDICAL CTR RESEARCH PROPERTIES
501(c)(2) · REAL ESTATE · KS · controlled entity
Directly controlled by KUMC - RI
-
501(c)(3) · ATHLETICS · KS · controlled entity
Directly controlled by UNIV OF KS
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 corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
KANSAS LIFE SCIENCES DEVELOPMENT CO INC
C Corporation · INVESTMENTS · KS · 100% owned · share of income $892 · share of assets $213,647 · controlled entity
Directly controlled by KUMC-RI
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 1 May 2026
- IRS schema version
- 2024v5.1
- Source object
- 202601219349301805
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