University Of Saskatchewan
- Assets
- $2.1b
- Revenue
- $818.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 06/1970
- Data as of
- 04/2023
- EIN
- 23-7069575
Organization Overview
University Of Saskatchewan is located in null. The organization was established in 1970. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Saskatchewan is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, University Of Saskatchewan generated $818.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $816.5m during the year ending 04/2023. While expenses have increased by 1.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY ROLE OF THE UNIVERSITY IS TO PROVIDE POST-SECONDARY INSTRUCTION AND RESEARCH IN THE HUMANITIES, SCIENCES, SOCIAL SCIENCES AND OTHER AREAS OF HUMAN, INTELLECTUAL, CULTURAL, SOCIAL AND PHYSICAL DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY OF SASKATCHEWAN'S PRIMARY ROLE IS TO PROVIDE POST-SECONDARY EDUCATION AND RESEARCH IN THE HUMANITIES, SCIENCES, SOCIAL SCIENCES AND OTHER AREAS OF HUMAN, INTELLECTUAL, CULTURAL, SOCIAL AND PHYSICAL DEVELOPMENT. THE UNIVERSITY OFFERS INSTRUCTIONAL PROGRAMS LEADING TO GRADUATE AND UNDERGRADUATE DEGREES, CERTIFICATES AND DIPLOMA PROGRAMS AND POST-GRADUATE CLINICAL (RESIDENCE) PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Preston Smith Dean, College Of Medicine | Officer | 37.5 | $435,294 |
Kent Stobart Vice Dean, College Of Medicine | 37.5 | $427,221 | |
Peter Stoicheff President And Vice Chancellor, Board Of Governors | OfficerTrustee | 37.5 | $380,008 |
Marilyn Baetz Vice Dean Of Faculty Engagement - College Of Medicine | 37.5 | $369,122 | |
Darcy Marciniuk Associate Vice President Research And Professor College Of Medicine | 37.5 | $362,012 | |
James Famiglietti Executive Director, Global Institute For Water Security | 37.5 | $358,101 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jonathon Starr Physician Services | 4/29/23 | $277,244 |
Mason Wardrop Physician Services | 4/29/23 | $255,515 |
Erika Dianne Penz Physician Services | 4/29/23 | $247,838 |
Marc Edouard Joseph Spiess Physician Services | 4/29/23 | $245,922 |
Frannie Itzkow Physician Services | 4/29/23 | $239,848 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $89,139 |
| Related organizations | $0 |
| Government grants | $469,794,681 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,163,250 |
| Noncash contributions included in lines 1a–1f | $3,576,158 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $551,047,070 |
| Total Program Service Revenue | $183,233,810 |
| Investment income | $31,854,968 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $5,423,921 |
| Net Rental Income | $5,156,503 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$21,228 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $34,434,334 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $817,995,313 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $54,248,610 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,062,711 |
| Compensation of current officers, directors, key employees. | $2,062,711 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $406,589,310 |
| Pension plan accruals and contributions | $24,284,006 |
| Other employee benefits | $20,249,153 |
| Payroll taxes | $19,942,598 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,788,121 |
| Fees for services: Accounting | $23,086 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $88,354,413 |
| Advertising and promotion | $0 |
| Office expenses | $74,537,904 |
| Information technology | $0 |
| Royalties | $1,647,483 |
| Occupancy | $26,075,350 |
| Travel | $12,059,953 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,222,780 |
| Interest | $1,665,091 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,904,753 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $816,512,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,650,791 |
| Savings and temporary cash investments | $63,729,932 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $179,205,743 |
| Loans from Officers, Directors, or Controlling Persons | $99,428 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,602,720 |
| Prepaid expenses and deferred charges | $11,709,034 |
| Net Land, buildings, and equipment | $1,063,536,220 |
| Investments—publicly traded securities | $695,805,005 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $276,188 |
| Other assets | $36,175,935 |
| Total assets | $2,087,790,996 |
| Accounts payable and accrued expenses | $71,892,748 |
| Grants payable | $0 |
| Deferred revenue | $44,380,812 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $111,398,258 |
| Other liabilities | $23,490,512 |
| Total liabilities | $251,162,330 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $433,401,430 |
| Paid-in or capital surplus, or land, building, or equipment fund | $1,052,790,744 |
| Retained earnings, endowment, accumulated income, or other funds | $350,436,492 |
| Total liabilities and net assets/fund balances | $2,087,790,996 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|