Form 990 for tax year 2023
Filed by UNIVERSITY VILLAGE DEVELOPMENT COROPORATION OF KEARNEY.
Totals
- Total revenue
- $680,021
- Total expenses
- $549,440
- Contributions and grants received
- $158,946
- Grants paid
- $262,000
- Program service revenue
- $0
- Investment income
- $3,112
- Other revenue
- $517,963
- Total assets, end of year
- $9,587,055
- Total liabilities, end of year
- $9,599,180
- Net assets or fund balances, end of year
- -$12,125
- Program services expenses (Part IX)
- $546,216
- Management and general expenses
- $3,224
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $546,216
Program services were 99.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Joey Cochran
Vice Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Jon Watts
Treasurer
- Total calculated
- $250,594
- From this org
- $0
- From related orgs
- $209,299
- Other
- $41,295
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $209,117 related
- Bonus
- $0
- Other
- $0 + $182 related
- Deferred
- $0 + $17,145 related
- Nontaxable benefits
- $0 + $24,150 related
- Filer's total
- $0 + $250,594 related
-
Reed Miller
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Doug Kristensen
Director
- Total calculated
- $484,725
- From this org
- $0
- From related orgs
- $454,749
- Other
- $29,976
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $335,056 related
- Bonus
- $0
- Other
- $0 + $119,693 related
- Deferred
- $0 + $24,802 related
- Nontaxable benefits
- $0 + $5,174 related
- Filer's total
- $0 + $484,725 related
-
Megan Goecke
Director
- Total calculated
- $86,181
- From this org
- $0
- From related orgs
- $61,600
- Other
- $24,581
- Hours/week
- 1 + 39 related
-
Michael Christen
Executive Director/Secretary
- Total calculated
- $126,965
- From this org
- $0
- From related orgs
- $107,348
- Other
- $19,617
- Hours/week
- 19 + 21 related
-
Alan Wedige
Project Manager
- Total calculated
- $135,364
- From this org
- $0
- From related orgs
- $106,207
- Other
- $29,157
- Hours/week
- 4 + 36 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)
- Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
- University of Nebraska's compensation committee approves the compensation and benefits of UVDCK's executive director.
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
-
Develop infrastructure for University Village Development Corporation of Kearney.
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 NEBRASKA BOARD OF REGENTS
501(c)(1) · HIGHER EDU · NE
Directly controlled by NA
-
UNIVERSITY TECHNOLOGY DEVELOPMENT CORPORATION
501(c)(3) · RESEARCH · NE
Directly controlled by UNIV OF NE
-
501(c)(3) · RESEARCH · NE
Directly controlled by UNIV TECH
-
NEBRASKA INNOVATION CAMPUS DEVELOPMENT CORP
501(c)(3) · RESEARCH · NE
Directly controlled by UNIV TECH
-
NATIONAL STRATEGIC RESEARCH INSTITUTE
501(c)(3) · RESEARCH · NE
Directly controlled by UNIV TECH
-
NEBRASKA DEFENSE RESEARCH CORPORATION
501(c)(3) · RESEARCH · NE
Directly controlled by UNIV TECH
-
501(c)(3) · RESEARCH · NE
Directly controlled by UNIV OF NE
-
501(c)(3) · RESEARCH · NE
Directly controlled by UNIV TECH
-
501(c)(3) · RESEARCH · NE
Directly controlled by UNIV OF NE
-
501(c)(3) · RESEARCH · NE
Directly controlled by UNIV OF NE
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 partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
Unrelated · HEALTHCARE TE · NE · share of income $0 · share of assets $0
Directly controlled by UNMC SRF
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C Corporation · BIO TECH · NE · share of income $0 · share of assets $0
Directly controlled by UNIV TECH
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 21 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500219349301905
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