UNIVERSITY OF IOWA RESEARCH FOUNDATION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
UNIVERSITY OF IOWA RESEARCH FOUNDATION (EIN 23-7436761)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-07-30
IRS object ID
202012129349301276
Schema version
2018v3.2
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

FieldValueIRS element (for citing)
Return2020-07-30T15:31:10-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1600 3RD AVENUE SE SUITE 300AddressLine1Txt
CityCEDAR RAPIDSCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52401ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237436761EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY OF IOWA RESEARCH FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlUNIVBusinessNameControlTxt
Phone3193354546PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH CAPITAL STREET 2660 UCCAddressLine1Txt
CityIOWA CITYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP522425500ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTERRY JOHNSONPersonNm
Person TitleTREASURERPersonTitleTxt
Phone3193354546PhoneNum
Signature2020-07-30SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID LITTLEPreparerPersonNm
PTINP01480921PTIN
Phone3193632697PhoneNum
Preparation2020-07-30PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address67.137.57.251IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-07-30IPDt
IP Tm13:21:16IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id2FBEFE20CA9FBCE9975C8DD0893E71CECAC97200AtSubmissionCreationDeviceId
At Submission Filing Device Id3774745A285AECF3BB34DE114B0C0C25FBE5CDAFAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-11-06 18:47:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJ MARTIN SCHOLTZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH CAPITAL STREET 2660 UCCAddressLine1Txt
CityIOWA CITYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP522425500ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,837,548GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://UIRF.RESEARCH.UIOWA.EDU/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1975FormationYr
Legal Domicile StateIALegalDomicileStateCd
Activity Or MissionUIRF ASSISTS RESEARCHERS IN THE TRANSFER OF UI TECHNOLOGY FROM THE LAB TO THE WORLD.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee28TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$100,000CYContributionsGrantsAmt
PY Program Service Revenue$3,410,963PYProgramServiceRevenueAmt
CY Program Service Revenue$3,439,268CYProgramServiceRevenueAmt
PY Investment Income$550,318PYInvestmentIncomeAmt
CY Investment Income$298,280CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,961,281PYTotalRevenueAmt
CY Total Revenue$3,837,548CYTotalRevenueAmt
PY Grants And Similar Paid$230,821PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$43,794CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,680,402PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,196,618CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,925,282PYOtherExpensesAmt
CY Other Expenses$3,814,673CYOtherExpensesAmt
PY Total Expenses$5,836,505PYTotalExpensesAmt
CY Total Expenses$5,055,085CYTotalExpensesAmt
PY Revenues Less Expenses-$1,875,224PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,217,537CYRevenuesLessExpensesAmt
Total Assets BOY$14,504,204TotalAssetsBOYAmt
Total Assets EOY$13,364,010TotalAssetsEOYAmt
Total Liabilities BOY$1,179,157TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,069,864TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$13,325,047NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,294,146NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE 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 Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,723,521ExpenseAmt
Grant$43,794GrantAmt
Revenue$3,439,268RevenueAmt
DescTHE 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 2019, THE UIRF RECEIVED 83 DISCLOSURES OF NEW INVENTIONS FROM UI RESEARCHERS; FILED 95 US, 49 FOREIGN, AND 16 PCT PATENT APPLICATIONS; NO TRADEMARK OR COPYRIGHT REGISTRATION; OBTAINED 22 US AND 32 FOREIGN-ISSUED PATENTS.SEE SCHEDULE O FOR CONTINUATION . . . COMMERCIALIZING UI TECHNOLOGIES: DURING FISCAL YEAR 2019, THE UIRF DISTRIBUTED NET REVENUE OF $1.45 MILLION TO UI INVENTORS, COLLEGES, DEPARTMENTS, AND OTHER THIRD PARTY CO-OWNERS; EXECUTED 48 NEW LICENSE/OPTION AND NO OUTGOING MATERIAL TRANSFER AGREEMENTS.SUPPORTING NEW VENTURES: DURING FISCAL YEAR 2019, 5 OF THE 48 LICENSE/OPTION AGREEMENTS WITH STARTUP COMPANIES, 4 OF WHICH WERE IN IOWA; 29 LICENSE/OPTION AGREEMENTS WITH SMALL COMPANIES; AND PROVIDED OVER $35,000 IN GAP FUNDING TO DEVELOP UI TECHNOLOGIES FOR STARTUPS.Desc
Total Program Service Expenses$4,723,521TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document134IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee28EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJOLENE GRIFFITHPersonNm
Phone3193354546PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH CAPITAL STREET 2660 UCCAddressLine1Txt
CityIOWA CITYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP522425500ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
BRUCE HARRELD
PRESIDENT1.0040.00Yes (X)Yes (X)$0$597,502$43,628
JOHN KELLER
VICE PRESIDENT1.0040.00Yes (X)Yes (X)$0$349,055$49,736
TERRY JOHNSON
TREASURER1.0040.00Yes (X)Yes (X)$0$327,251$49,339
MARIE KERBESHIAN
AVP & ED/SECRETARY40.000.00Yes (X)Yes (X)$217,393$0$37,968
MATT HOWARD III
DIRECTOR1.0040.00Yes (X)$0$927,901$52,795
LARRY WEBER
DIRECTOR1.0040.00Yes (X)$0$339,739$52,795
RICH HICHWA
DIRECTOR1.0040.00Yes (X)$0$238,030$39,170
DAVID HENSLEY
DIRECTOR1.0040.00Yes (X)$0$214,276$214,276
MATT KINLEY
DIRECTOR1.000.00Yes (X)$0$0$0
CHARLES KLASSON
DIRECTOR1.000.00Yes (X)$0$0$0
LYNETTE MARSHALL
DIRECTOR1.000.00Yes (X)$0$0$0
STEVEN MICHALICEK
DIRECTOR1.000.00Yes (X)$0$0$0
FRED REINHART
DIRECTOR1.000.00Yes (X)$0$0$0
DANIEL CLAY
DIRECTOR1.0040.00Yes (X)$0$307,914$47,660
DONNA HAMMOND
DIRECTOR1.0040.00Yes (X)$0$230,496$30,448
JON DARSEE
DIRECTOR1.0040.00Yes (X)$0$232,142$16,351
DAWN AINGER
DIRECTOR1.000.00Yes (X)$0$0$0
NANCY DUNKEL
DIRECTOR1.000.00Yes (X)$0$0$0
JANE GARRITY
ASSOCIATE DIRECTOR40.000.00$129,942$0$17,486Yes (X)
SUE CURRY
FORMER DIRECTOR0.0040.00$0$427,033$39,764Yes (X)
JEAN ROBILLARD
FORMER OFFICER - INTERIM P0.0040.00$0$468,293$42,236Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$347,335TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$4,659,632TotReportableCompRltdOrgAmt
Total Other Compensation$733,652TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
VIKSNINS HARRIS & PADYS PLLP
7851 METRO PARKWAY SUITE 325BLOOMINGTONMN55425LEGAL SERVICES$801,273
COMPUTER PACKAGES INC
414 HUNGERFORD DRIVE 3RD FLOORROCKVILLEMD20850PATENT MAINTENANCE FEES$251,565
SCHWEGMAN LUNDBERG & WOESSNER
1600 TCF TOWER 121 S 8TH STMINNEAPOLISMN55402LEGAL SERVICES$149,537
SMITH GAMBRELL & RUSSELL LLP
1230 PEACHTREE STREET NEATLANTAGA30309LEGAL SERVICES$108,133
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd
Related Organizations$100,000RelatedOrganizationsAmt
Total Contributions$100,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
REIMBURSED PATENT ACQU541700$1,666,936$1,666,936
LICENSE, SUBLICENSE, &541700$1,065,190$1,065,190
ROYALTIES711120$707,142$707,142
FieldValueIRS element (for citing)
Total Program Service Revenue$3,439,268TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$298,280TotalRevenueColumnAmt
Exclusion$298,280ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,837,548TotalRevenueColumnAmt
Related Or Exempt Func Income$3,439,268RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$298,280ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$43,794TotalAmt
Program Services$43,794ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$308,165TotalAmt
Program Services$240,369ProgramServicesAmt
Management And General$67,796ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$650,965TotalAmt
Program Services$488,224ProgramServicesAmt
Management And General$162,741ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$237,488TotalAmt
Program Services$178,116ProgramServicesAmt
Management And General$59,372ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$33,700TotalAmt
Program Services$25,275ProgramServicesAmt
Management And General$8,425ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$4,442TotalAmt
Management And General$4,442ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$77,500TotalAmt
Program Services$77,500ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$9,791TotalAmt
Program Services$7,343ProgramServicesAmt
Management And General$2,448ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,979TotalAmt
Program Services$4,984ProgramServicesAmt
Management And General$2,995ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$21,283TotalAmt
Program Services$15,962ProgramServicesAmt
Management And General$5,321ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$1,450,903TotalAmt
Program Services$1,450,903ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,839TotalAmt
Program Services$1,379ProgramServicesAmt
Management And General$460ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$22,668TotalAmt
Program Services$17,001ProgramServicesAmt
Management And General$5,667ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$29,231TotalAmt
Program Services$21,923ProgramServicesAmt
Management And General$7,308ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,835TotalAmt
Program Services$1,376ProgramServicesAmt
Management And General$459ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PATENT ACQUISITION COST$2,058,713$2,058,713
BAD DEBT EXPENSE$82,753$82,753
MEMBERSHIP$10,541$7,906$2,635

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,495TotalAmt
Management And General$1,495ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,055,085TotalAmt
Program Services$4,723,521ProgramServicesAmt
Management And General$331,564ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,031,426BOYAmt
EOY$10,637,899EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$866,365BOYAmt
EOY$1,130,825EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$189,969BOYAmt
EOY$124,969EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$101,633BOYAmt
EOY$14,618EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$69,278LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$64,652LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,168BOYAmt
EOY$4,626EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$932,895BOYAmt
EOY$1,154,051EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$6,375,498BOYAmt
EOY$296,772EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$250BOYAmt
EOY$250EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,504,204BOYAmt
EOY$13,364,010EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$476,789BOYAmt
EOY$406,957EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$702,368BOYAmt
EOY$662,907EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,179,157BOYAmt
EOY$1,069,864EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$13,325,047BOYAmt
EOY$12,294,146EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,325,047BOYAmt
EOY$12,294,146EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,504,204BOYAmt
EOY$13,364,010EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,217,537ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$186,636NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY OF IOWABusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN426004813EIN
Organization Type2OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$765,139SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$765,139SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationYes (1)SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, SECTION A, LINE 2:FormAndLineReferenceDesc
ExplanationUI 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

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$69,278OtherCostOrOtherBasisAmt
Depreciation$64,652DepreciationAmt
Book Value$4,626BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,626TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDISTRIBUTIONS PAYABLEDesc
Amt$662,907Amt
FieldValueIRS element (for citing)
Total Liability$662,907TotalLiabilityAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY OF IOWABusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1105 JESSUP HALLAddressLine1Txt
CityIOWA CITYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52242ZIPCd
FieldValueIRS element (for citing)
Recipient EIN426004813RecipientEIN
IRC SectionGOVERNMENTIRCSectionDesc
Cash Grant$43,794CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc
Purpose Of GrantTO SUPPORT UI VENTURES DIVISION. THE PURPOSE OF THE GRANT IS TO PROVIDE FUNDING TO SUPPORT THE DEVELOPMENT OF UI TECHNOLOGIES WITH COMMERCIAL POTENTIAL THROUGH A RANGE OF STAGES IN TECHNOLOGY DEVELOPMENT, FROM INITIAL CONCEPT, THROUGH PROOF OF CONCEPT, TO LICENSING AND COMMERCIALIZATION.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationAS PART OF UIRF'S CHARITABLE MISSION, IT PROVIDES FUNDING TO VARIOUS UI INITIATIVES AND PROGRAMS. TO ENSURE PROPER USE OF THE FUNDS UIRF MAINTAINS CONTINUAL CONTACT WITH THE UI AND CAN REQUEST EXPENDITURE REPORTS AS NEEDED, INCLUDING THE RIGHT TO AUDIT THE UI'S EXPENDITURES RELATED TO THE GRANT FUNDS RECEIVED. DEPENDING ON THE TYPE OF GRANT UIRF MAY ONLY REMIT PAYMENTS AS QUALIFYING EXPENDITURES ARE INCURRED AND REPORTED BACK TO UIRF.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BRUCE HARRELD
PRESIDENT$0$583,328$0$12,600$0$1,574$0$27,500$0$16,128$0$641,130$0$0
JOHN KELLER
VICE PRESIDENT$0$349,055$0$0$0$0$0$35,000$0$14,736$0$398,791$0$0
TERRY JOHNSON
TREASURER$0$322,448$0$0$0$4,803$0$33,211$0$16,128$0$376,590$0$0
MARIE KERBESHIAN
AVP & ED/SECRETARY$215,788$0$0$0$1,605$0$21,840$0$16,128$0$255,361$0$0$0
MATT HOWARD III
DIRECTOR$0$865,046$0$52,500$0$10,355$0$36,667$0$16,128$0$980,696$0$0
LARRY WEBER
DIRECTOR$0$332,016$0$1,000$0$6,723$0$36,667$0$16,128$0$392,534$0$0
RICH HICHWA
DIRECTOR$0$217,422$0$0$0$20,608$0$23,042$0$16,128$0$277,200$0$0
DAVID HENSLEY
DIRECTOR$0$193,895$0$20,381$0$0$0$193,895$0$20,381$0$428,552$0$0
DANIEL CLAY
DIRECTOR$0$307,914$0$0$0$0$0$27,500$0$20,160$0$355,574$0$0
DONNA HAMMOND
DIRECTOR$0$222,210$0$0$0$8,286$0$22,648$0$7,800$0$260,944$0$0
JON DARSEE
DIRECTOR$0$232,142$0$0$0$0$0$13,895$0$2,456$0$248,493$0$0
SUE CURRY
FORMER DIRECTOR$0$417,540$0$0$0$9,493$0$27,500$0$12,264$0$466,797$0$0
JEAN ROBILLARD
FORMER OFFICER - INTERIM P$0$437,943$0$0$0$30,350$0$27,500$0$14,736$0$510,529$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE 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 (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1THE 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 2JOHN KELLER (VICE PRESIDENT) AND RICH HICHWA (DIRECTOR) HAVE A BUSINESS RELATIONSHIP. JOHN KELLER (VICE PRESIDENT) AND MARIE KERBESHIAN (AVP & ED/SECRETARY) HAVE A BUSINESS RELATIONSHIP. BRUCE HARRELD (PRESIDENT) AND JOHN KELLER (VICE PRESIDENT) HAVE A BUSINESS RELATIONSHIP. BRUCE HARRELD (PRESIDENT) AND LYNETTE MARSHALL (DIRECTOR) 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 7AAT 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 7BANY 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 11BTHE 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 12CA 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 15BOARD 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 FY19 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).
FORM 990, PART VI, SECTION C, LINE 19THE 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

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
UNIVERSITY OF IOWA (UI)
105 JESSUP HALLIOWA CITYIA52242426004813EDUCATIONAL INSTITUTIONIAN/A0
IOWA MEASUREMENT RESEARCH FOUNDATION
334 LINDQUIST CENTERIOWA CITYIA52242420791544ADVANCE KNOWLEDGE IN TESTING & MEASUREMENT VIA GRANTS TO UIIA0501(C)(3)LINE 12A, IUNIVERSITY OF IOWA
UNIVERSITY OF IOWA RESEARCH PARK CORPORATION
2500 CROSSPARK ROADCORALVILLEIA52241421333324OPERATION OF RESEARCH PARK FOR UIIA0501(C)(2)N/AUNIVERSITY OF IOWA
MUSSER DAVIS LAND COMPANY
4600 MADISON STE 600KANSAS CITYMO64112440365680SUPPORT THE COLLEGE OF MEDICINE OF UIMO0501(C)(3)LINE 12A, IUNIVERSITY OF IOWA

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1UI AFFILIATED HEALTH PROVIDERS LCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11344 JCP UIHCAddressLine1Txt
CityIOWA CITYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52242ZIPCd
FieldValueIRS element (for citing)
EIN421432272EIN
Primary ActivitiesMEDICARE SHARED SAVINGSPrimaryActivitiesTxt
Legal Domicile StateIALegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
UNIVERSITY OF IOWA HEALTH SYSTEM
1349 JCP UI HOSPITALS CLINICSIOWA CITYIA52242421431503MEDICAL SERVICESIAN/AC0
IOWA MEDICAL MUTUAL INS CO
312 COLLEGE OF MEDICINE ADMIN BLDGIOWA CITYIA52242020709298MALPRACTICE INSURANCEIAN/AC0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
UNIVERSITY OF IOWA
R$765,139FMV
UNIVERSITY OF IOWA
C$100,000FMV

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