2020-07-30T15:31:10-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 600 3RD AVENUE SE SUITE 300 CEDAR RAPIDS IA 52401 990 2018-07-01 237436761 UNIVERSITY OF IOWA RESEARCH FOUNDATION UNIV 3193354546 200 SOUTH CAPITAL STREET 2660 UCC IOWA CITY IA 522425500 TERRY JOHNSON TREASURER 3193354546 2020-07-30 1 DAVID LITTLE P01480921 3193632697 2020-07-30 67.137.57.251 2020-07-30 13:21:16 CD P 2FBEFE20CA9FBCE9975C8DD0893E71CECAC97200 3774745A285AECF3BB34DE114B0C0C25FBE5CDAF 2018 2020-11-06 18:47:13Z J MARTIN SCHOLTZ 200 SOUTH CAPITAL STREET 2660 UCC IOWA CITY IA 522425500 3837548 0 X HTTPS://UIRF.RESEARCH.UIOWA.EDU/ X 1975 IA UIRF ASSISTS RESEARCHERS IN THE TRANSFER OF UI TECHNOLOGY FROM THE LAB TO THE WORLD. 18 6 28 20 0 0 0 100000 3410963 3439268 550318 298280 0 0 3961281 3837548 230821 43794 0 0 1680402 1196618 0 0 0 3925282 3814673 5836505 5055085 -1875224 -1217537 14504204 13364010 1179157 1069864 13325047 12294146 X 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. 0 0 4723521 43794 3439268 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 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. 4723521 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 134 0 28 1 0 0 0 0 0 0 0 0 0 0 0 X 18 6 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOLENE GRIFFITH 3193354546 200 SOUTH CAPITAL STREET 2660 UCC IOWA CITY IA 522425500 BRUCE HARRELD PRESIDENT 1.00 40.00 X X 0 597502 43628 JOHN KELLER VICE PRESIDENT 1.00 40.00 X X 0 349055 49736 TERRY JOHNSON TREASURER 1.00 40.00 X X 0 327251 49339 MARIE KERBESHIAN AVP & ED/SECRETARY 40.00 0.00 X X 217393 0 37968 MATT HOWARD III DIRECTOR 1.00 40.00 X 0 927901 52795 LARRY WEBER DIRECTOR 1.00 40.00 X 0 339739 52795 RICH HICHWA DIRECTOR 1.00 40.00 X 0 238030 39170 DAVID HENSLEY DIRECTOR 1.00 40.00 X 0 214276 214276 MATT KINLEY DIRECTOR 1.00 0.00 X 0 0 0 CHARLES KLASSON DIRECTOR 1.00 0.00 X 0 0 0 LYNETTE MARSHALL DIRECTOR 1.00 0.00 X 0 0 0 STEVEN MICHALICEK DIRECTOR 1.00 0.00 X 0 0 0 FRED REINHART DIRECTOR 1.00 0.00 X 0 0 0 DANIEL CLAY DIRECTOR 1.00 40.00 X 0 307914 47660 DONNA HAMMOND DIRECTOR 1.00 40.00 X 0 230496 30448 JON DARSEE DIRECTOR 1.00 40.00 X 0 232142 16351 DAWN AINGER DIRECTOR 1.00 0.00 X 0 0 0 NANCY DUNKEL DIRECTOR 1.00 0.00 X 0 0 0 JANE GARRITY ASSOCIATE DIRECTOR 40.00 0.00 X 129942 0 17486 SUE CURRY FORMER DIRECTOR 0.00 40.00 X 0 427033 39764 JEAN ROBILLARD FORMER OFFICER - INTERIM P 0.00 40.00 X 0 468293 42236 347335 4659632 733652 3 1 1 0 VIKSNINS HARRIS & PADYS PLLP 7851 METRO PARKWAY SUITE 325 BLOOMINGTON MN 55425 LEGAL SERVICES 801273 COMPUTER PACKAGES INC 414 HUNGERFORD DRIVE 3RD FLOOR ROCKVILLE MD 20850 PATENT MAINTENANCE FEES 251565 SCHWEGMAN LUNDBERG & WOESSNER 1600 TCF TOWER 121 S 8TH ST MINNEAPOLIS MN 55402 LEGAL SERVICES 149537 SMITH GAMBRELL & RUSSELL LLP 1230 PEACHTREE STREET NE ATLANTA GA 30309 LEGAL SERVICES 108133 4 X 100000 100000 REIMBURSED PATENT ACQU 541700 1666936 1666936 LICENSE, SUBLICENSE, & 541700 1065190 1065190 ROYALTIES 711120 707142 707142 3439268 298280 298280 3837548 3439268 0 298280 43794 43794 308165 240369 67796 650965 488224 162741 237488 178116 59372 33700 25275 8425 4442 4442 77500 77500 9791 7343 2448 7979 4984 2995 21283 15962 5321 1450903 1450903 1839 1379 460 22668 17001 5667 29231 21923 7308 1835 1376 459 PATENT ACQUISITION COST 2058713 2058713 BAD DEBT EXPENSE 82753 82753 MEMBERSHIP 10541 7906 2635 1495 1495 5055085 4723521 331564 0 6031426 10637899 866365 1130825 189969 124969 101633 14618 69278 64652 6168 4626 932895 1154051 6375498 296772 250 250 14504204 13364010 476789 406957 702368 662907 1179157 1069864 X 0 0 0 0 13325047 12294146 13325047 12294146 14504204 13364010 -1217537 186636 0 X 0 1 X 1 0 X X 1 UNIVERSITY OF IOWA 426004813 2 1 765139 0 1 765139 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 2: 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 69278 64652 4626 4626 DISTRIBUTIONS PAYABLE 662907 662907 1 UNIVERSITY OF IOWA 105 JESSUP HALL IOWA CITY IA 52242 426004813 GOVERNMENT 43794 0 N/A N/A TO 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. 1 0 PART I, LINE 2: AS 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. 0 0 0 0 0 0 0 0 0 BRUCE HARRELD PRESIDENT 0 583328 0 12600 0 1574 0 27500 0 16128 0 641130 0 0 JOHN KELLER VICE PRESIDENT 0 349055 0 0 0 0 0 35000 0 14736 0 398791 0 0 TERRY JOHNSON TREASURER 0 322448 0 0 0 4803 0 33211 0 16128 0 376590 0 0 MARIE KERBESHIAN AVP & ED/SECRETARY 215788 0 0 0 1605 0 21840 0 16128 0 255361 0 0 0 MATT HOWARD III DIRECTOR 0 865046 0 52500 0 10355 0 36667 0 16128 0 980696 0 0 LARRY WEBER DIRECTOR 0 332016 0 1000 0 6723 0 36667 0 16128 0 392534 0 0 RICH HICHWA DIRECTOR 0 217422 0 0 0 20608 0 23042 0 16128 0 277200 0 0 DAVID HENSLEY DIRECTOR 0 193895 0 20381 0 0 0 193895 0 20381 0 428552 0 0 DANIEL CLAY DIRECTOR 0 307914 0 0 0 0 0 27500 0 20160 0 355574 0 0 DONNA HAMMOND DIRECTOR 0 222210 0 0 0 8286 0 22648 0 7800 0 260944 0 0 JON DARSEE DIRECTOR 0 232142 0 0 0 0 0 13895 0 2456 0 248493 0 0 SUE CURRY FORMER DIRECTOR 0 417540 0 0 0 9493 0 27500 0 12264 0 466797 0 0 JEAN ROBILLARD FORMER OFFICER - INTERIM P 0 437943 0 0 0 30350 0 27500 0 14736 0 510529 0 0 PART I, LINE 3 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. 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 JOHN 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 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 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 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 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 501(C)(3) LINE 12A, I UNIVERSITY OF IOWA 0 UNIVERSITY OF IOWA RESEARCH PARK CORPORATION 2500 CROSSPARK ROAD CORALVILLE IA 52241 421333324 OPERATION OF RESEARCH PARK FOR UI IA 501(C)(2) N/A UNIVERSITY OF IOWA 0 MUSSER DAVIS LAND COMPANY 4600 MADISON STE 600 KANSAS CITY MO 64112 440365680 SUPPORT THE COLLEGE OF MEDICINE OF UI MO 501(C)(3) LINE 12A, I UNIVERSITY OF IOWA 0 UI AFFILIATED HEALTH PROVIDERS LC 1344 JCP UIHC IOWA CITY IA 52242 421432272 MEDICARE SHARED SAVINGS IA N/A 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 0 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 0 1 0 UNIVERSITY OF IOWA R 765139 FMV UNIVERSITY OF IOWA C 100000 FMV