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Nonprofiteer
← UNIVERSITY GATEWAY CORPORATION

Form 990 for tax year 2022

Filed by UNIVERSITY GATEWAY CORPORATION.

Totals

Total revenue
$6,386,315
Total expenses
$7,286,990
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$6,341,718
Management and general expenses
$945,272
Fundraising expenses
$0
Program service expenses (Part III)
$6,341,718

Program services were 87.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CHRISTINE SEARSON

    DIRECTOR/TREASURER/CFO

    Total calculated
    $414,491
    From this org
    $0
    From related orgs
    $349,101
    Other
    $65,390
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $292,337 related
    Bonus
    $0 + $55,990 related
    Other
    $0 + $774 related
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $34,890 related
    Filer's total
    $0 + $414,491 related

  • DAN GARRY

    SECRETARY

    Total calculated
    $153,652
    From this org
    $0
    From related orgs
    $110,589
    Other
    $43,063
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $110,589 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $12,373 related
    Nontaxable benefits
    $0 + $30,690 related
    Filer's total
    $0 + $153,652 related

  • DAN MCDONALD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • PAT MASCIA

    CHAIR

    Total calculated
    $537,073
    From this org
    $0
    From related orgs
    $518,923
    Other
    $18,150
    Hours/week
    1 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $417,423 related
    Bonus
    $0 + $101,500 related
    Other
    $0
    Deferred
    $0 + $18,150 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $537,073 related

  • WALT LING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MARY PIETRZAK

    CONTROLLER

    Total calculated
    $152,342
    From this org
    $0
    From related orgs
    $145,385
    Other
    $6,957
    Hours/week
    16 + 24 related

    Schedule J breakdown matched by us

    Base
    $0 + $126,485 related
    Bonus
    $0 + $18,900 related
    Other
    $0
    Deferred
    $0 + $6,957 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $152,342 related

  • MICHAEL DWYER

    COO

    Total calculated
    $312,129
    From this org
    $284,770
    From related orgs
    $0
    Other
    $27,359
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $238,902
    Bonus
    $45,675
    Other
    $193
    Deferred
    $13,770
    Nontaxable benefits
    $13,589
    Filer's total
    $312,129

  • AMY LEYDEN

    DIR. OF MARKETING

    Total calculated
    $112,921
    From this org
    $104,891
    From related orgs
    $0
    Other
    $8,030
    Hours/week
    40 + 1 related

  • JON MCCOMBS

    OPERATIONS MANAGER

    Total calculated
    $146,777
    From this org
    $118,380
    From related orgs
    $0
    Other
    $28,397
    Hours/week
    40 + 1 related

  • SARI BROUWER

    DIR. OF SALES AND EVENTS

    Total calculated
    $108,836
    From this org
    $102,674
    From related orgs
    $0
    Other
    $6,162
    Hours/week
    40 + 1 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 — 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 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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 1A
UNIVERSITY GATEWAY CORPORATION DOES NOT DIRECTLY COMPENSATE ITS DIRECTORS AND OFFICERS. COMPENSATION IS PAID TO CERTAIN UNIVERSITY GATEWAY CORPORATION'S DIRECTORS AND OFFICERS BY ITS BENEFICIARY ORGANIZATIONS: THE UNIVERSITY OF MINNESOTA FOUNDATION (UMF) AND THE UNIVERSITY OF MINNESOTA ALUMNI ASSOCIATION (UMAA). UNIVERSITY GATEWAY CORPORATION RELIED ON ITS BENEFICIARY ORGANIZATIONS TO DETERMINE COMPENSATION THROUGH THE APPROPRIATE PROCESS, WHICH INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION. UGC'S COO AND SENIOR MANAGEMENT TEAM COMPLETED A COMPENSATION STUDY FOR THE MAJORITY OF ITS EMPLOYEES IN FALL 2022 AND, IN LIGHT OF CURRENT MARKET CONDITIONS, CONTINUE TO MONITOR THIS CAREFULLY TO REMAIN COMPETITIVE WITH ITS COMPENSATION PROGRAM.
PART I, LINE 3
THE PRESIDENT'S COMPENSATION PAID THROUGH THE UNIVERSITY OF MINNESOTA FOUNDATION IS ESTABLISHED USING COMPENSATION SURVEYS GATHERED FROM THE INDUSTRY.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
31 January 2024
IRS schema version
2022v5.0
Source object
202430339349301323

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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