Unc Management Company Inc is located in Chapel Hill, NC. The organization was established in 2002. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Unc Management Company Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unc Management Company Inc 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 06/2022, Unc Management Company Inc generated $30.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $28.0m during the year ending 06/2022. While expenses have increased by 12.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jonathon C King President | OfficerTrustee | 50 | $2,568,307 |
Kevin Tunick VP - Private Investments | Officer | 50 | $1,219,336 |
Joshua Shapiro VP - Inv Strategy & Risk Mgmt | Officer | 50 | $1,131,201 |
Edward Hetherington VP - Public Investments | Officer | 50 | $1,101,574 |
Rodgers Harshbarger Senior Director - Investments | 50 | $764,376 | |
Angela Moss Senior Director - Investments | 50 | $738,096 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
University Accounting Services Accounting | 6/29/22 | $930,430 |
Factset Research Systems Software | 6/29/22 | $325,000 |
Burgiss Group Software | 6/29/22 | $147,360 |
Backstop Solutions Group Software | 6/29/22 | $109,689 |
Logically Tech Support | 6/29/22 | $160,862 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $30,440,928 |
Investment income | $10,981 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $76,615 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $30,528,524 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,000,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $7,067,711 |
Compensation of current officers, directors, key employees. | $978,560 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,673,810 |
Pension plan accruals and contributions | $1,095,302 |
Other employee benefits | $1,058,396 |
Payroll taxes | $898,995 |
Fees for services: Management | $0 |
Fees for services: Legal | $32,223 |
Fees for services: Accounting | $1,108,397 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $149,844 |
Fees for services: Other | $12,000 |
Advertising and promotion | $0 |
Office expenses | $389,599 |
Information technology | $1,071,525 |
Royalties | $0 |
Occupancy | $791,895 |
Travel | $228,748 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $61,449 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $140,457 |
Insurance | $160,800 |
All other expenses | $0 |
Total functional expenses | $27,964,769 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $7,459,608 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,524,250 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $446,815 |
Net Land, buildings, and equipment | $266,529 |
Investments—publicly traded securities | $0 |
Investments—other securities | $31,284,906 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,114,959 |
Total assets | $53,097,067 |
Accounts payable and accrued expenses | $14,477,338 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Other liabilities | $6,526,132 |
Total liabilities | $21,003,470 |
Net assets without donor restrictions | $32,093,597 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $53,097,067 |
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Air-Conditioning Heating And Refrigeration Institute Arlington, VA | $58,066,234 | $32,390,159 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
Unc Management Company Inc Chapel Hill, NC | $53,097,067 | $30,528,524 |