Form 990 for tax year 2023
Filed by UNIVERSITY CORPORATION FOR ADVANCED INTERNET DEVELOPMENT.
Totals
- Total revenue
- $77,270,423
- Total expenses
- $66,176,968
- Contributions and grants received
- $2,175,589
- Grants paid
- $323,135
- Program service revenue
- $72,747,179
- Investment income
- $2,064,204
- Other revenue
- $283,451
- Total assets, end of year
- $151,246,192
- Total liabilities, end of year
- $82,338,377
- Net assets or fund balances, end of year
- $68,907,815
- Program services expenses (Part IX)
- $60,528,064
- Management and general expenses
- $5,648,904
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $60,528,064
Program services were 91.5% 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.
-
1e · Government grants (contributions)
$2,175,589
-
2a · Program service revenue: Network Services
total $41,259,707 · related or exempt $41,259,707
-
2b · Program service revenue: Community Engagement
total $12,417,604 · related or exempt $12,417,604
-
2c · Program service revenue: Trust & Identity
total $11,407,294 · related or exempt $11,407,294
-
2d · Program service revenue: Internet2 Net+ Service
total $7,619,102 · related or exempt $7,619,102
-
2e · Program service revenue: Special Fund Projects
total $33,872 · related or exempt $33,872
-
2f · All other program service revenue
total $9,600 · related or exempt $9,600
-
3 · Investment income
total $1,549,298 · excluded $1,549,298
-
6a · Gross rents
real property $216,796
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $216,796
-
6d · Net rental income or loss
total $216,796 · excluded $216,796
-
7a · Gross sales of assets other than inventory
securities $9,678,051 · other assets $626,403
-
7b · Less cost or other basis and sales expenses
securities $9,678,051 · other assets $111,497
-
7c · Gain or loss
securities $0 · other assets $514,906
-
7d · Net gain or loss
total $514,906 · excluded $514,906
-
11d · All other revenue
total $66,655 · excluded $66,655
-
11e · Other revenue, total
$66,655
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $323,135 · program services $323,135
-
5 · Compensation of officers, directors and key employees
total $2,173,268 · program services $1,083,455 · management and general $1,089,813
-
7 · Other salaries and wages
total $16,644,917 · program services $15,341,487 · management and general $1,303,430
-
8 · Pension plan contributions
total $1,650,563 · program services $1,483,757 · management and general $166,806
-
9 · Other employee benefits
total $1,936,635 · program services $1,614,258 · management and general $322,377
-
10 · Payroll taxes
total $1,302,621 · program services $1,167,973 · management and general $134,648
-
11b · Fees: legal
total $208,578 · management and general $208,578
-
11c · Fees: accounting
total $198,007 · management and general $198,007
-
11f · Fees: investment management
total $43,213 · management and general $43,213
-
11g · Fees: other
total $5,770,591 · program services $5,515,944 · management and general $254,647
-
12 · Advertising and promotion
total $55,891 · program services $49,028 · management and general $6,863
-
13 · Office expenses
total $546,188 · program services $497,205 · management and general $48,983
-
14 · Information technology
total $1,722,675 · program services $1,635,211 · management and general $87,464
-
16 · Occupancy
total $810,281 · program services $761,206 · management and general $49,075
-
17 · Travel
total $1,307,931 · program services $1,144,391 · management and general $163,540
-
19 · Conferences, conventions and meetings
total $2,068,950 · program services $1,967,967 · management and general $100,983
-
20 · Interest
total $1,091,296 · management and general $1,091,296
-
22 · Depreciation, depletion and amortization
total $7,642,972 · program services $7,619,874 · management and general $23,098
-
23 · Insurance
total $334,207 · management and general $334,207
-
24a · Other expenses: Network Operations
total $19,500,696 · program services $19,497,018 · management and general $3,678
-
24b · Other expenses: Dues
total $256,687 · program services $238,489 · management and general $18,198
-
24c · Other expenses: Bad Debt Expense
total $90,714 · program services $90,714
-
24e · All other expenses
total $496,952 · program services $496,952
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $35,332,801 · end of year $57,014,596
-
3 · Pledges and grants receivable
beginning of year $253,403 · end of year $319,543
-
4 · Accounts receivable
beginning of year $8,405,243 · end of year $5,103,414
-
9 · Prepaid expenses and deferred charges
beginning of year $5,414,999 · end of year $6,401,390
-
10a · Land, buildings and equipment: cost or other basis
$70,611,364
-
10b · Land, buildings and equipment: accumulated depreciation
$57,947,304
-
10c · Land, buildings and equipment, net
beginning of year $16,141,847 · end of year $12,664,060
-
11 · Investments: publicly traded securities
beginning of year $16,774,716 · end of year $12,637,871
-
15 · Other assets
beginning of year $60,490,029 · end of year $57,105,318
-
17 · Accounts payable and accrued expenses
beginning of year $7,057,298 · end of year $7,090,914
-
19 · Deferred revenue
beginning of year $30,036,616 · end of year $31,965,972
-
25 · Other liabilities
beginning of year $48,106,990 · end of year $43,281,491
-
27 · Net assets without donor restrictions
beginning of year $57,612,134 · end of year $68,907,815
Mission and programs · 2023
Mission
Internet2 promotes the missions of its members by providing both leading-edge network capabilities and unique partnership opportunities that together facilitate the development, deployment and use of revolutionary internet technologies.
Activities or mission (Part I)
Internet2 is an exceptional community of U.S. and international leaders in research, academia, industry and government who create and collaborate via innovative technologies. Together, we accelerate research discovery, advance national and global education, and improve the delivery of public services. Our community touches nearly every major innovation that defines our modern digital lives and continues to define "what's next".
-
Network Services is an advanced backbone network that connects regional network aggregation points to support the work of Internet2 Universities as they develop advanced internet applications. The Internet2 network is the nation's research and education network and provides state-of-the-art services that researchers use to accelerate the rate of their scientific work and discovery and to collaborate with colleagues and use digital assets and tools worldwide.
Expenses $38,223,958 · Revenue $41,259,707
-
Internet2 provides the community-built and community-driven trust and identity infrastructure that supports faculty and staff, researchers and scholars, and access to services across the U.S. and globally. The identity and access management model provides the policy and technical backbone for secure interactions, and allows single sign-on convenience for individuals.
Expenses $10,056,364 · Revenue $11,407,294
-
Community engagement is responsible for creating, sustaining and expanding membership and participation in Internet2 and building excitement around Internet2 programs and services for the global community. Membership Services engages directly with the Internet2 community in meaningful ways that cultivate strong relationships and enable community members to realize their potential through Internet2.
Expenses $6,597,563 · Revenue $12,417,604
-
Internet2 Net + Services
Expenses $3,415,018 · Revenue $7,628,702
-
Other Program Services
Expenses $2,235,161 · Grants $323,135 · Revenue $33,872
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Howard Pfeffer
President & CEO
- Total calculated
- $785,241
- From this org
- $724,661
- From related orgs
- $0
- Other
- $60,580
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $626,097
- Bonus
- $95,000
- Other
- $3,564
- Deferred
- $33,000
- Nontaxable benefits
- $27,580
- Filer's total
- $785,241
-
Satish Tripathi
Board Chair until 10/31/23
- Total calculated
- $0
- Hours/week
- 0.5
-
Gregory Washington
Board Chair
- Total calculated
- $0
- Hours/week
- 0.5
-
Cynthia Larive
Board Vice Chair
- Total calculated
- $0
- Hours/week
- 0.5
-
Neeli Bendapudi
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Romayne Botti
Trustee until 1/23/23
- Total calculated
- $0
- Hours/week
- 0.5
-
Jennifer Cowley
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Rebecca Cunningham
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Deborah Dent
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Elias Eldayrie
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Louis Fox
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Klara Jelinkova
Trustee until 10/31/23
- Total calculated
- $0
- Hours/week
- 0.5
-
David Lassner
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Melissa Loble
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Marla Meehl
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Michele Norin
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel Reed
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve Relyea
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Sean Reynolds
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Belinda Nixon
VP, General Counsel, and Secretary
- Total calculated
- $185,533
- From this org
- $174,362
- From related orgs
- $0
- Other
- $11,171
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $173,201
- Bonus
- $0
- Other
- $1,161
- Deferred
- $9,261
- Nontaxable benefits
- $1,910
- Filer's total
- $185,533
-
Jeffrey Evans
CFO and Treasurer
- Total calculated
- $418,456
- From this org
- $351,354
- From related orgs
- $0
- Other
- $67,102
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $327,790
- Bonus
- $20,000
- Other
- $3,564
- Deferred
- $33,000
- Nontaxable benefits
- $34,102
- Filer's total
- $418,456
-
Kevin Morooney
Vice President
- Total calculated
- $425,899
- From this org
- $387,406
- From related orgs
- $0
- Other
- $38,493
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $383,842
- Bonus
- $0
- Other
- $3,564
- Deferred
- $33,000
- Nontaxable benefits
- $5,493
- Filer's total
- $425,899
-
Ana Hunsinger
Vice President
- Total calculated
- $386,712
- From this org
- $325,118
- From related orgs
- $0
- Other
- $61,594
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $303,876
- Bonus
- $20,000
- Other
- $1,242
- Deferred
- $30,933
- Nontaxable benefits
- $30,661
- Filer's total
- $386,712
-
James Deaton
Vice President
- Total calculated
- $256,609
- From this org
- $210,367
- From related orgs
- $0
- Other
- $46,242
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $189,459
- Bonus
- $20,000
- Other
- $908
- Deferred
- $21,452
- Nontaxable benefits
- $24,790
- Filer's total
- $256,609
-
Erin Lewis
Assoc. Vice President until 3/31/23
- Total calculated
- $300,805
- From this org
- $284,558
- From related orgs
- $0
- Other
- $16,247
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $96,088
- Bonus
- $0
- Other
- $188,470
- Deferred
- $6,470
- Nontaxable benefits
- $9,777
- Filer's total
- $300,805
-
George Loftus
Associate Vice President
- Total calculated
- $318,258
- From this org
- $264,775
- From related orgs
- $0
- Other
- $53,483
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $253,608
- Bonus
- $7,603
- Other
- $3,564
- Deferred
- $25,942
- Nontaxable benefits
- $27,541
- Filer's total
- $318,258
-
Steven Zoppi
Associate Vice President
- Total calculated
- $315,045
- From this org
- $269,901
- From related orgs
- $0
- Other
- $45,144
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $266,337
- Bonus
- $0
- Other
- $3,564
- Deferred
- $22,647
- Nontaxable benefits
- $22,497
- Filer's total
- $315,045
-
Ann West
Associate Vice President
- Total calculated
- $299,784
- From this org
- $246,975
- From related orgs
- $0
- Other
- $52,809
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $243,433
- Bonus
- $0
- Other
- $3,542
- Deferred
- $25,111
- Nontaxable benefits
- $27,698
- Filer's total
- $299,784
-
Linda Moore
Director
- Total calculated
- $281,245
- From this org
- $249,974
- From related orgs
- $0
- Other
- $31,271
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $109,180
- Bonus
- $0
- Other
- $140,794
- Deferred
- $9,180
- Nontaxable benefits
- $22,091
- Filer's total
- $281,245
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 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 7 · Other non-fixed payments
Answered no
- 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 4a
- The following individual received a severance payment in 2023: Erin Lewis: $188,227
- Part I, Line 7
- Bonuses awarded during 2023 were determined under the discretion of the Board of Trustees and CEO and are correctly reported on Sch J, Part II, Col. (B)(ii).
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
-
$151,818
Development of an RCD Resource and Career Center that provides institutions and individuals the tools, support, and community to build and sustain successful RCD operations.
-
$58,857
Provide selected institutions with assessments that drive campus cyberinfrastructure (CI) plans for each institution and the identification of opportunities to engage with the broader CI, research, and education ecosystem and communities.
-
$41,165
Development of an RCD Resource and Career Center that provides institutions and individuals the tools, support, and community to build and sustain successful RCD operations.
-
$41,018
Provide selected institutions with assessments that drive campus cyberinfrastructure (CI) plans for each institution and the identification of opportunities to engage with the broader CI, research, and education ecosystem and communities.
-
Development of an RCD Resource and Career Center that provides institutions and individuals the tools, support, and community to build and sustain successful RCD operations.
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.
-
National Research & Education Fiber Company LLC
Acquire indefeasible rights of use of fiber optic telecom capacity · DE · income $0 · assets $2,500
Directly controlled by University Corporation for Advanced Internet Development
-
InCommon LLC
Facilitate sharing of protected network accessible resources · DE · income $9,730,964 · assets $29,402,963
Directly controlled by University Corporation for Advanced Internet Development
-
Advanced Infrastructure for Research and Education LLC
See Schedule R, Part VII · DE · income $0 · assets $2,500
Directly controlled by University Corporation for Advanced Internet Development
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422329349300547
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