UNIVERSITY OF IOWA RESEARCH FOUNDATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF IOWA RESEARCH FOUNDATION (EIN 23-7436761)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-16
- IRS object ID
- 202241369349309394
- Schema version
- 2020v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-16T14:07:02-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 3RD AVENUE SE SUITE 300 | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237436761 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF IOWA RESEARCH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 3193354546 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 SOUTH CAPITOL STREET 2660 UCC | AddressLine1Txt |
| City | IOWA CITY | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 522425500 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TERRY JOHNSON | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 3193354546 | PhoneNum |
| Signature | 2022-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TERRY | PersonFirstNm |
| Person Last | JOHNSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID LITTLE | PreparerPersonNm |
| PTIN | P01480921 | PTIN |
| Phone | 3193632697 | PhoneNum |
| Preparation | 2022-05-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | J MARTIN SCHOLTZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 SOUTH CAPITOL STREET 2660 UCC | AddressLine1Txt |
| City | IOWA CITY | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 522425500 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,763,181 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://UIRF.RESEARCH.UIOWA.EDU/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1975 | FormationYr |
| Legal Domicile State | IA | LegalDomicileStateCd |
| Activity Or Mission | UIRF ASSISTS RESEARCHERS IN THE TRANSFER OF UI TECHNOLOGY FROM THE LAB TO THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $127,307 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,184,086 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,398,301 | CYProgramServiceRevenueAmt |
| PY Investment Income | $239,166 | PYInvestmentIncomeAmt |
| CY Investment Income | $237,573 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $3,423,252 | PYTotalRevenueAmt |
| CY Total Revenue | $3,763,181 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $18,488 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,000,352 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,146,445 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,775,969 | PYOtherExpensesAmt |
| CY Other Expenses | $3,574,442 | CYOtherExpensesAmt |
| PY Total Expenses | $4,794,809 | PYTotalExpensesAmt |
| CY Total Expenses | $4,720,887 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,371,557 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$957,706 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $12,141,542 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,588,194 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,105,068 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,515,850 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $11,036,474 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $10,072,344 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE UNIVERSITY OF IOWA RESEARCH FOUNDATION'S (UIRF) MISSION IS TO: ADVANCE, DEVELOP, INCREASE AND EXTEND THE PROGRESS OF SCIENCE AND USEFUL ARTS THROUGH ENCOURAGING AND ASSISTING INVESTIGATION, RESEARCH AND EDUCATION AT THE STATE UNIVERSITY OF IOWA BY FURNISHING THE MEANS, METHODS AND AGENCIES BY WHICH IDEAS, CREATIONS, DISCOVERIES, INVENTIONS AND PROCESSES MAY BE PROTECTED AND THE USES THEREOF DETERMINED AND SAFEGUARDED FOR THE PUBLIC, AND TO MANAGE, LICENSE AND DISPOSE OF PROPRIETARY RIGHTS IN IDEAS, CREATIONS, DISCOVERIES, INVENTIONS AND PROCESSES OF ANY NATURE; TO RECEIVE BY GIFT, GRANT, DEVISE OR BEQUEST, AND TO ACQUIRE BY PURCHASE, LEASE, EXCHANGE OR OTHERWISE, PROPERTY, BOTH REAL AND PERSONAL, EITHER AS ABSOLUTE OWNER OR AS TRUSTEE THEREOF, AND TO MANAGE AND ADMINISTER THE SAME; TO MAKE CONTRIBUTIONS, GRANTS, GIFTS AND TRANSFERS OF PROPERTY, BOTH REAL AND PERSONAL, EITHER OUTRIGHT OR IN TRUST, TO OR FOR THE BENEFIT OF THE STATE UNIVERSITY OF IOWA. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,418,335 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $3,398,301 | RevenueAmt |
| Desc | THE PROGRAMMATIC FUNCTION OF GETTING INNOVATIONS OUT INTO THE WORLD CAN BE BROKEN DOWN INTO THREE PRIMARY ACTIVITIES: INTELLECTUAL PROPERTY SERVICES, COMMERCIALIZING UI TECHNOLOGIES AND SUPPORTING NEW VENTURES.INTELLECTUAL PROPERTY SERVICES: DURING FISCAL YEAR 2021, THE UIRF RECEIVED 101 DISCLOSURES OF NEW INVENTIONS FROM UI RESEARCHERS; FILED 91 US, 19 FOREIGN, AND 13 PCT PATENT APPLICATIONS; NO TRADEMARK OR COPYRIGHT REGISTRATION; OBTAINED 29 US AND 57 FOREIGN-ISSUED PATENTS.SEE SCHEDULE O FOR CONTINUATION . . . COMMERCIALIZING UI TECHNOLOGIES: DURING FISCAL YEAR 2021, THE UIRF DISTRIBUTED NET REVENUE OF $1.26 MILLION TO UI INVENTORS, COLLEGES, DEPARTMENTS, AND OTHER THIRD PARTY CO-OWNERS; EXECUTED 47 NEW LICENSE/OPTION AGREEMENTS.SUPPORTING NEW VENTURES: DURING FISCAL YEAR 2021, 6 OF THE 47 LICENSE/OPTION AGREEMENTS WITH STARTUP COMPANIES, 7 WERE WITH IOWA COMPANIES; AND 15 LICENSE/OPTION AGREEMENTS WITH SMALL COMPANIES. | Desc |
| Total Program Service Expenses | $4,418,335 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 154 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 8 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHERRY MCCLELLEN | PersonNm |
| Phone | 3193354605 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 SOUTH CAPITOL STREET 2660 UCC | AddressLine1Txt |
| City | IOWA CITY | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 522425500 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| J MARTIN SCHOLTZ | |||||||||
| PRESIDENT | 1.00 | 39.00 | Yes (X) | Yes (X) | $0 | $380,580 | $47,993 | ||
| MARIE KERBESHIAN | |||||||||
| SECRETARY | 40.00 | Yes (X) | Yes (X) | $231,221 | $0 | $41,226 | |||
| TERRY JOHNSON | |||||||||
| TREASURER | 1.00 | 39.00 | Yes (X) | Yes (X) | $0 | $338,542 | $52,576 | ||
| MARK ARNOLD | |||||||||
| VICE PRESIDENT | 1.00 | 39.00 | Yes (X) | Yes (X) | $0 | $258,399 | $45,530 | ||
| JON DARSEE | |||||||||
| DIRECTOR | 1.00 | 39.00 | Yes (X) | $0 | $224,900 | $39,168 | |||
| NANCY DUNKLE | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| AMY PEARLMAN | |||||||||
| DIRECTOR | 1.00 | 39.00 | Yes (X) | $0 | $282,150 | $36,451 | |||
| GEORGE WEINER | |||||||||
| DIRECTOR | 1.00 | 39.00 | Yes (X) | $0 | $513,487 | $54,548 | |||
| FRED REINHART | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MIHAELA BOJIN | |||||||||
| EMPLOYEE | 40.00 | $120,109 | $0 | $11,484 | Yes (X) | ||||
| KELLEN SENSOR | |||||||||
| EMPLOYEE | 40.00 | $116,104 | $0 | $27,900 | Yes (X) | ||||
| JOHN KELLER | |||||||||
| FORMER OFFICER | 1.00 | 39.00 | $0 | $283,575 | $44,893 | Yes (X) | |||
| BRUCE HARRELD | |||||||||
| FORMER OFFICER | 1.00 | 39.00 | $0 | $503,715 | $46,548 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $467,434 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,785,348 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $448,317 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| VIKSNINS HARRIS & PADYS PLLP | |||||
| 7851 METRO PARKWAY SUITE 325 | BLOOMINGTON | MN | 55425 | LEGAL | $908,363 |
| SCHWEGMAN LUNDBERG & WOESSNER | |||||
| 1600 TCF TOWER 121 SOUTH EIGHTH STR | MINNEAPOLIS | MN | 55402 | LEGAL | $258,064 |
| COMPUTER PACKAGES INC | |||||
| 11 N WASHINGTON ST SUITE 300 | ROCKVILLE | MD | 20850 | LEGAL | $194,369 |
| SMITH GAMBRELL & RUSSELL LLP | |||||
| 1230 PEACHTREE ST NE 3100 PROM | ATLANTA | GA | 303093592 | LEGAL | $102,100 |
| ALBERT H BURSTEIN | |||||
| 7351 KENSINGTON CT | UNIVERSITY PARK | FL | 34201 | ROYALTIES | $101,762 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Related Organizations | $127,307 | RelatedOrganizationsAmt |
| Total Contributions | $127,307 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| REIMBURSED PATENT ACQU | 541700 | $1,585,997 | $1,585,997 |
| ROYALTIES | 541700 | $1,028,992 | $1,028,992 |
| LICENSE, SUBLICENSE, A | 541700 | $783,312 | $783,312 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,398,301 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $237,573 | TotalRevenueColumnAmt |
| Exclusion | $237,573 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,763,181 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,398,301 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $237,573 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $336,271 | TotalAmt |
| Program Services | $252,203 | ProgramServicesAmt |
| Management And General | $84,068 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $600,137 | TotalAmt |
| Program Services | $450,103 | ProgramServicesAmt |
| Management And General | $150,034 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $210,037 | TotalAmt |
| Program Services | $157,528 | ProgramServicesAmt |
| Management And General | $52,509 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,800 | TotalAmt |
| Program Services | $2,100 | ProgramServicesAmt |
| Management And General | $700 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,820 | TotalAmt |
| Program Services | $158,820 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,077 | TotalAmt |
| Program Services | $6,808 | ProgramServicesAmt |
| Management And General | $2,269 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,672 | TotalAmt |
| Program Services | $16,466 | ProgramServicesAmt |
| Management And General | $1,206 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,421,751 | TotalAmt |
| Program Services | $1,421,751 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181 | TotalAmt |
| Program Services | $136 | ProgramServicesAmt |
| Management And General | $45 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,651 | TotalAmt |
| Program Services | $11,738 | ProgramServicesAmt |
| Management And General | $3,913 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,542 | TotalAmt |
| Program Services | $1,157 | ProgramServicesAmt |
| Management And General | $385 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PATENT ACQUISITION COST | $1,886,367 | $1,886,367 | |
| BAD DEBT EXPENSE | $30,890 | $30,890 | |
| SHARED ADMINISTRATIVE S | $17,640 | $13,230 | $4,410 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,051 | TotalAmt |
| Program Services | $9,038 | ProgramServicesAmt |
| Management And General | $3,013 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,720,887 | TotalAmt |
| Program Services | $4,418,335 | ProgramServicesAmt |
| Management And General | $302,552 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,147,772 | BOYAmt |
| EOY | $8,996,326 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,338,355 | BOYAmt |
| EOY | $2,068,265 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $285,583 | BOYAmt |
| EOY | $196,889 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,305 | BOYAmt |
| EOY | $74,475 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $69,278 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $67,736 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,084 | BOYAmt |
| EOY | $1,542 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $263,443 | BOYAmt |
| EOY | $250,447 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $250 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,141,542 | BOYAmt |
| EOY | $11,588,194 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $335,582 | BOYAmt |
| EOY | $444,872 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,540 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $765,946 | BOYAmt |
| EOY | $1,070,978 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,105,068 | BOYAmt |
| EOY | $1,515,850 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,036,474 | BOYAmt |
| EOY | $10,072,344 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,036,474 | BOYAmt |
| EOY | $10,072,344 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,141,542 | BOYAmt |
| EOY | $11,588,194 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$957,706 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$6,424 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF IOWA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 426004813 | EIN |
| Organization Type | 2 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $558,875 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $558,875 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | Yes (1) | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, SECTION A, LINE 2 | FormAndLineReferenceDesc |
| Explanation | UI IS A STATE UNIVERSITY MANAGED BY THE IOWA BOARD OF REGENTS AND QUALIFIES UNDER SEC. 509(A)(1) AS A SEC. 170(B)(1)(A)(II) EDUCATIONAL ORGANIZATION WHICH NORMALLY MAINTAINS A REGULAR FACULTY AND CURRICULUM AND NORMALLY HAS A REGULARLY ENROLLED BODY OF PUPILS OR STUDENTS IN ATTENDANCE AT THE PLACE WHERE ITS EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON. UI IS ACCREDITED BY THE HIGHER LEARNING COMMISSION. AS A STATE UNIVERSITY, IT IS NOT REQUIRED TO OBTAIN AN IRS DETERMINATION OF RECOGNITION OF ITS PUBLIC CHARITY STATUS. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $69,278 | OtherCostOrOtherBasisAmt |
| Depreciation | $67,736 | DepreciationAmt |
| Book Value | $1,542 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,542 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DISTRIBUTIONS PAYABLE | Desc |
| Amt | $1,070,978 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,070,978 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GEORGE WEINER | ||||||||||||||
| DIRECTOR | $0 | $511,927 | $0 | $0 | $0 | $1,560 | $0 | $38,000 | $0 | $16,548 | $0 | $568,035 | $0 | $0 |
| BRUCE HARRELD | ||||||||||||||
| FORMER OFFICER | $0 | $484,955 | $0 | $17,200 | $0 | $1,560 | $0 | $28,500 | $0 | $18,048 | $0 | $550,263 | $0 | $0 |
| J MARTIN SCHOLTZ | ||||||||||||||
| PRESIDENT | $0 | $374,148 | $0 | $0 | $0 | $6,432 | $0 | $28,500 | $0 | $19,493 | $0 | $428,573 | $0 | $0 |
| TERRY JOHNSON | ||||||||||||||
| TREASURER | $0 | $336,982 | $0 | $0 | $0 | $1,560 | $0 | $34,528 | $0 | $18,048 | $0 | $391,118 | $0 | $0 |
| JOHN KELLER | ||||||||||||||
| FORMER OFFICER | $0 | $275,980 | $0 | $0 | $0 | $7,595 | $0 | $28,345 | $0 | $16,548 | $0 | $328,468 | $0 | $0 |
| AMY PEARLMAN | ||||||||||||||
| DIRECTOR | $0 | $252,467 | $0 | $0 | $0 | $29,683 | $0 | $28,123 | $0 | $8,328 | $0 | $318,601 | $0 | $0 |
| MARK ARNOLD | ||||||||||||||
| VICE PRESIDENT | $0 | $253,066 | $0 | $0 | $0 | $5,333 | $0 | $25,610 | $0 | $19,920 | $0 | $303,929 | $0 | $0 |
| MARIE KERBESHIAN | ||||||||||||||
| SECRETARY | $228,729 | $0 | $932 | $0 | $1,560 | $0 | $23,178 | $0 | $18,048 | $0 | $272,447 | $0 | $0 | $0 |
| JON DARSEE | ||||||||||||||
| DIRECTOR | $0 | $223,340 | $0 | $0 | $0 | $1,560 | $0 | $22,620 | $0 | $16,548 | $0 | $264,068 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF THE UNIVERSITY OF IOWA (UI), A RELATED PARTY. THE EXECUTIVE DIRECTOR'S COMPENSATION IS ESTABLISHED INDEPENDENT OF UIRF, BY UI. THE POLICIES OF UI ARE USED TO DETERMINE COMPENSATION, WHICH INCLUDE COMPENSATION SURVEYS OR STUDIES AND A WRITTEN EMPLOYMENT INITIAL OFFER. THE UNIVERSITY OF IOWA IS THE COMMON PAYMASTER FOR UIRF. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART IV, LINE 11F: | AS PART OF THE AUDIT CONDUCTED FOR THE ORGANIZATION A FIN 48 (ASC 740) ANALYSIS IS COMPLETED. IT WAS DETERMINED THAT NO UNCERTAIN TAX POSITION EXISTED AND AS SUCH THERE IS NO FOOTNOTE IN THE FINANCIAL STATEMENTS THAT DISCUSSES FIN 48 (ASC 740). |
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT OF THE CORPORATION WHO SHALL PRESIDE AT ALL MEETINGS THEREOF, AND AT LEAST TWO (2) MEMBERS OF THE BOARD OF DIRECTORS ELECTED TO THE EXECUTIVE COMMITTEE BY SAID BOARD AT ITS ANNUAL MEETING, FROM A LIST OF NOMINEES PREPARED BY THE NOMINATING COMMITTEE. IN ADDITION TO SAID MEMBERSHIP, THE STATE UNIVERSITY OF IOWA PRESIDENT SHALL BE A MEMBER WITH VOTING POWER. THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL SERVE UNTIL THE NEXT FOLLOWING ANNUAL MEETING OF THE BOARD OF DIRECTORS AND UNTIL THEIR SUCCESSORS HAVE BEEN ELECTED BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL ELECT ITS OWN SECRETARY AND SHALL PRESCRIBE THE DUTIES OF SUCH SECRETARY. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS OF THIS CORPORATION BETWEEN MEETINGS OF SAID BOARD, TO THE EXTENT ALLOWED BY LAW. WRITTEN REPORTS OF THE ACTIONS OF THE EXECUTIVE COMMITTEE SO TAKEN SHALL BE SUBMITTED TO THE BOARD OF DIRECTORS AT ITS NEXT MEETING IMMEDIATELY FOLLOWING THE ACTIONS OF THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION A, LINE 2 | J. MARTIN SCHOLTZ (PRESIDENT) AND MARIE KERBESHIAN (SECRETARY) HAVE A BUSINESS RELATIONSHIP. THE TERM "BUSINESS RELATIONSHIP" USED IN THIS CONTEXT REFERS TO INDIVIDUALS HAVING A DIRECT REPORTING BUSINESS RELATIONSHIP IN THEIR REGULAR EMPLOYMENT WITH THE UNIVERSITY OF IOWA OR AT THE UNIVERSITY OF IOWA CENTER FOR UNIVERSITY ADVANCEMENT. |
| FORM 990, PART VI, SECTION A, LINE 7A | AT THE ANNUAL MEETING OF THE BOARD, THE PRESIDENT OF THE STATE UNIVERSITY OF IOWA SHALL APPOINT DIRECTORS TO INITIAL TERMS FROM NOMINEES NAMED BY A NOMINATING COMMITTEE OF THE BOARD, AND MAY REAPPOINT DIRECTORS AT HIS/HER DISCRETION. DIRECTORS SHALL CONTINUE TO SERVE UNTIL THEIR SUCCESSORS ARE APPOINTED. THE MEMBERSHIP ON THE BOARD OF DIRECTORS OF THE MEMBER OF THE STATE BOARD OF REGENTS SHALL BE INITIATED AND TERMINATED BY ACTION OF THE STATE BOARD OF REGENTS. IF ANY VACANCY ON THE BOARD OF DIRECTORS EXISTS BY REASON OF DEATH, RESIGNATION, REMOVAL, OR OTHERWISE, THE BOARD OF DIRECTORS MAY ELECT A SUCCESSOR DIRECTOR FOR THE UNEXPIRED TERM OF THE PREDECESSOR IN OFFICE. IF ANY SUCH VACANT OFFICE WAS HELD BY THE MEMBER OF THE STATE BOARD OF REGENTS, THE STATE BOARD OF REGENTS SHALL SELECT AND APPOINT THE SUCCESSOR DIRECTOR FROM AMONG ITS CURRENT MEMBERS. DIRECTORS SHALL BE DIVIDED INTO THREE CLASSES, WITH THE TERMS OF EACH CLASS STAGGERED BY ONE YEAR SO THAT THE TERM OF ONLY ONE-THIRD OF THE DIRECTORS WILL EXPIRE EACH YEAR. DIRECTORS SHALL SERVE FOR A TERM OF THREE YEARS. ANY DIRECTOR IS ELIGIBLE FOR APPOINTMENT TO SUCCEED HIMSELF OR HERSELF IN THAT OFFICE FOR A SUBSEQUENT TERM, AND NO DIRECTOR SHALL SERVE MORE THAN TWO THREE-YEAR TERMS CONSECUTIVELY; PROVIDED, HOWEVER, THAT THE SECOND THREE-YEAR TERM MAY BE EXTENDED FOR ONE ADDITIONAL YEAR FOR ANY DIRECTOR BY A MAJORITY VOTE OF ALL THE OTHER DIRECTORS THEN SERVING WHENEVER IN THEIR JUDGMENT THE BEST INTERESTS OF THE CORPORATION WOULD BE SERVED BY SUCH AN EXTENSION. THE BOARD TERM OF THE STATE UNIVERSITY OF IOWA PRESIDENT, THE CHIEF FINANCIAL OFFICER AND TREASURER, THE VICE PRESIDENT FOR RESEARCH AND ECONOMIC DEVELOPMENT, THE SENIOR ASSOCIATE VICE PRESIDENT FOR RESEARCH, AND THE ASSISTANT VICE PRESIDENT: UNIVERSITY OF IOWA RESEARCH FOUNDATION SHALL COINCIDE WITH HIS/HER RESPECTIVE TENURE IN THAT POSITION. |
| FORM 990, PART VI, SECTION A, LINE 7B | ANY DIRECTOR IS ELIGIBLE FOR APPOINTMENT TO SUCCEED HIMSELF OR HERSELF IN THAT OFFICE FOR A SUBSEQUENT TERM, AND NO DIRECTOR SHALL SERVE MORE THAN TWO THREE-YEAR TERMS CONSECUTIVELY; PROVIDED, HOWEVER, THAT THE SECOND THREE-YEAR TERM MAY BE EXTENDED FOR ONE ADDITIONAL YEAR FOR ANY DIRECTOR BY A MAJORITY VOTE OF ALL THE OTHER DIRECTORS THEN SERVING WHENEVER IN THEIR JUDGMENT THE BEST INTERESTS OF THE CORPORATION WOULD BE SERVED BY SUCH AN EXTENSION. ANY DIRECTOR OF THIS CORPORATION MAY BE REMOVED FROM OFFICE AT ANY TIME BY A MAJORITY VOTE OF ALL OF THE OTHER DIRECTORS THEN SERVING WHENEVER IN THEIR JUDGMENT THE BEST INTERESTS OF THE CORPORATION WOULD BE SERVED BY SUCH REMOVAL. THE BOARD OF DIRECTORS MAY APPOINT THE MEMBERS OF SUCH COMMITTEES, BUT BOTH THE APPOINTMENT OF COMMITTEE MEMBERS AND THE CREATION OF THE COMMITTEE SHALL BE APPROVED BY THE MAJORITY OF DIRECTORS THEN SERVING. THE PRESENCE OF ONE-HALF OF THE MEMBERS OF THE BOARD OF DIRECTORS THEN SERVING SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS AT ANY MEETING OF THE BOARD OF DIRECTORS. IF A QUORUM BE NOT PRESENT AT ANY MEETING OF THE BOARD OF DIRECTORS, OR IF THE BUSINESS OF SUCH MEETING SHALL NOT BE COMPLETED, THOSE PRESENT BY MAJORITY VOTE MAY ADJOURN THE MEETING FROM DAY TO DAY, OR FROM TIME TO TIME, NOT EXCEEDING NINETY (90) DAYS FROM SUCH ADJOURNMENT, WITHOUT FURTHER NOTICE, UNTIL A QUORUM SHALL ATTEND, OR THE BUSINESS THEREOF SHALL BE COMPLETED. AT ANY SUCH ADJOURNED MEETING ANY BUSINESS MAY BE TRANSACTED WHICH MIGHT HAVE BEEN TRANSACTED AT THE MEETING AS ORIGINALLY CALLED. EACH DIRECTOR SHALL BE ENTITLED TO ONE VOTE ON ANY QUESTION PROPERLY COMING BEFORE ANY MEETING OF THE BOARD OF DIRECTORS. AT ALL MEETINGS OF THE BOARD OF DIRECTORS, ALL QUESTIONS, EXCEPT AS OTHERWISE EXPRESSLY DIRECTED BY LAW, THE ARTICLES OF INCORPORATION OF THIS CORPORATION, OR THESE BYLAWS, SHALL BE DECIDED BY THE VOTE OF A MAJORITY OF THE DIRECTORS ENTITLED TO VOTE THEREON WHO SHALL BE PRESENT AT THE MEETING AND WHO SHALL VOTE THEREON. ANY ACTION WHICH MIGHT BE TAKEN AT A MEETING OF THE BOARD OF DIRECTORS MAY BE TAKEN WITHOUT A MEETING IF A WRITTEN CONSENT DESCRIBING SUCH ACTION IS SIGNED BY ALL OF THE DIRECTORS AND DELIVERED TO THE CORPORATION. IF THE PRESIDENT OF THE CORPORATION IS ALSO A DIRECTOR OF THE CORPORATION, S/HE SHALL RETAIN THE RIGHT TO VOTE ON ALL QUESTIONS PROPERLY COMING BEFORE THE BOARD OF DIRECTORS ON WHICH S/HE WOULD BE ENTITLED TO VOTE IF S/HE WERE NOT THE PRESIDING OFFICER OF SUCH BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. A PRELIMINARY DRAFT OF THE FORM 990 IS PROVIDED TO UIRF STAFF FOR DETAIL REVIEW. AFTER IT IS REVIEWED AND UPDATED, THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD AT LEAST ONE WEEK PRIOR TO SIGNATURE AND FILING. THE TREASURER OF THE BOARD PERFORMS THE FINAL REVIEW AND SIGNS THE FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | A CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED AND SIGNED BY EACH BOARD MEMBER ANNUALLY. DURING THE PROCUREMENT PROCESS UIRF PAYS SPECIAL ATTENTION TO IDENTIFYING ANY POTENTIAL CONFLICTS OF INTERESTS AND SUBJECTS ITSELF TO THE UNIVERSITY OF IOWA'S POLICY, PROCEDURE AND DISCLOSURE REQUIREMENTS. THE SELECTION OF LICENSEES IS ANOTHER AREA WHERE CONFLICTS COULD POTENTIALLY ARISE SO UIRF FOLLOWS REPORTING PROCEDURES AND HAS DAILY DISCUSSIONS WITH THE EXECUTIVE DIRECTOR TO HELP IDENTIFY ANY POTENTIAL CONFLICTS. CONFLICT OF INTEREST VENDORS REQUIRE ADDITIONAL REVIEW AND APPROVAL WITH UI ACCOUNTS PAYABLE BEFORE ANY PAYMENT IS MADE. |
| FORM 990, PART VI, SECTION B, LINE 15 | BOARD MEMBERS ARE NOT COMPENSATED FOR THEIR SERVICE AS BOARD MEMBERS OF UIRF, ALL COMPENSATION BEING DISCLOSED AS PAID BY UIRF OR A RELATED PARTY IS IN THE CAPACITY AS AN EMPLOYEE NOT A BOARD MEMBER. THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF THE UNIVERSITY OF IOWA AND ALL HIRING AND SALARY PROCEDURES ARE GOVERNED BY THE UNIVERSITY OF IOWA HUMAN RESOURCE POLICIES. UNDER UI POLICY, HIRING DECISIONS REQUIRE INDEPENDENT APPROVAL BY THE OFFICE OF EQUAL OPPORTUNITY AND DIVERSITY, SALARY PROPOSALS MUST BE WITHIN UNIVERSITY COMPENSATION PLAN MARKET RANGES FOR THE POSITION, AND COMPENSATION OFFERS REQUIRE APPROVAL BY THE UI ORGANIZATION LEVEL HUMAN RESOURCES DEPARTMENT. (HTTP://HR.UIOWA.EDU/DEPT-COMP-CLASS/PRACTICES) THE UNIVERSITY COMPENSATION PLAN IS REFRESHED EACH YEAR FOLLOWING AN ANALYSIS OF THE MOST RECENT MARKET DATA. SALARY SURVEY DATA IS DRAWN FROM DIFFERENT GEOGRAPHICAL MARKETS AND BUSINESS SECTORS FOR BENCHMARK JOBS TO DETERMINE WHETHER A CHANGE NEEDS TO BE MADE IN ANY MARKET RANGE AND MEDIAN ZONE IN ORDER TO REMAIN COMPETITIVE FOR THE RECRUITMENT AND RETENTION OF UNIVERSITY STAFF. MARKET DATA FOR SEVENTY ADDITIONAL BENCHMARK JOBS WERE UTILIZED IN THE MOST CURRENT ANALYSIS, WITH ALL BENCHMARK JOBS REPRESENTING APPROXIMATELY 75% OF THE PROFESSIONAL AND SCIENTIFIC STAFF. BECAUSE SALARY MARKETS FOR THE VARIETY OF UNIVERSITY JOBS WILL CHANGE AT DIFFERENT RATES, THE CHANGES RESULTING FROM THE ANNUAL SURVEY ANALYSIS WILL ALSO VARY BETWEEN LEVELS AND PAY STRUCTURES. FOR THE PAY STRUCTURES EFFECTIVE JULY 1, 2016, THE CHANGES IN THE MARKET RANGES AND MEDIAN ZONES RANGE FROM 1-4 PERCENT FROM THE CURRENT STRUCTURES. INDIVIDUAL SALARY DECISIONS FOR FY18 ARE BASED UPON JOB PERFORMANCE AND SALARY POSITION IN RELATION TO THE LATEST MARKET RANGE AND MEDIAN ZONE INFORMATION. VARIATIONS IN RESPONSIBILITY, PERFORMANCE, FUNDING, AND JOB SPECIFIC MARKET CONDITIONS SHOULD ALSO BE REFLECTED APPROPRIATELY IN FUTURE SALARY DECISIONS. (HTTP://HR.UIOWA.EDU/PROFESSIONAL-PAY). ALL KEY EMPLOYEES ARE EMPLOYEES OF THE UNIVERSITY OF IOWA AND ALL HIRING AND SALARY PROCEDURES ARE GOVERNED BY THE UNIVERSITY OF IOWA HUMAN RESOURCE POLICIES. UNDER UI POLICY, HIRING DECISIONS REQUIRE INDEPENDENT APPROVAL BY THE OFFICE OF EQUAL OPPORTUNITY AND DIVERSITY, SALARY PROPOSALS MUST BE WITHIN UNIVERSITY COMPENSATION PLAN MARKET RANGES FOR THE POSITION, AND COMPENSATION OFFERS REQUIRE APPROVAL BY THE UI ORGANIZATION LEVEL HUMAN RESOURCES DEPARTMENT. (HTTP://HR.UIOWA.EDU/DEPT-COMP-CLASS/PRACTICES) THE UNIVERSITY COMPENSATION PLAN IS REFRESHED EACH YEAR FOLLOWING AN ANALYSIS OF THE MOST RECENT MARKET DATA. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART VIII, LINE 2A & LINE 2B: | 2A REIMBURSED PATENT ACQUISITION COSTS 2B LICENSE, SUBLICENSE, & MILESTONE FEE |
| FORM 990, PART XII, LINE 2C: | THE PROCESS FOR OVERSIGHT, REVIEW, AND COMPLILATION OF FINANCIALS HAS NOT CHANGED DURING THE YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF IOWA (UI) | |||||||||||
| 105 JESSUP HALL | IOWA CITY | IA | 52242 | 426004813 | EDUCATIONAL INSTITUTION | IA | N/A | 0 | |||
| IOWA MEASUREMENT RESEARCH FOUNDATION | |||||||||||
| 334 LINDQUIST CENTER | IOWA CITY | IA | 52242 | 420791544 | ADVANCE KNOWLEDGE IN TESTING & MEASUREMENT VIA GRANTS TO UI | IA | 0 | 501(C)(3) | LINE 12A, I | UNIVERSITY OF IOWA | |
| UNIVERSITY OF IOWA RESEARCH PARK CORPORATION | |||||||||||
| 2500 CROSSPARK ROAD | CORALVILLE | IA | 52241 | 421333324 | OPERATION OF RESEARCH PARK FOR UI | IA | 0 | 501(C)(2) | N/A | UNIVERSITY OF IOWA | |
| MUSSER DAVIS LAND COMPANY | |||||||||||
| 4600 MADISON STE 600 | KANSAS CITY | MO | 64112 | 440365680 | SUPPORT THE COLLEGE OF MEDICINE OF UI | MO | 0 | 501(C)(3) | LINE 12A, I | UNIVERSITY OF IOWA | |
| UNIVERSITY OF IOWA STRATEGIC INITIATIVES | |||||||||||
| 105 JESSUP HALL | IOWA CITY | IA | 52242 | 844628214 | SUPPORT UNIVERSITY OF IOWA | IA | 0 | 501(C)(3) | LINE 12A, I | UNIVERSITY OF IOWA | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENCOMPASS HEALTH REHABILITATION HOSPITAL OF IOWA CITY LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2450 CORAL CT | AddressLine1Txt |
| City | CORALVILLE | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52241 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 831261306 | EIN |
| Primary Activities | REHAB HOSPITAL | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF IOWA HEALTH SYSTEM | |||||||||
| 1349 JCP UI HOSPITALS CLINICS | IOWA CITY | IA | 52242 | 421431503 | MEDICAL SERVICES | IA | N/A | C | 0 |
| IOWA MEDICAL MUTUAL INS CO | |||||||||
| 312 COLLEGE OF MEDICINE ADMIN BLDG | IOWA CITY | IA | 52242 | 020709298 | MALPRACTICE INSURANCE | IA | N/A | C | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| UNIVERSITY OF IOWA | ||
| C | $127,307 | FMV |
| UNIVERSITY OF IOWA | ||
| R | $540,445 | FMV |
| UNIVERSITY OF IOWA | ||
| K | $18,429 | FMV |
Comments