University Of Delaware
- Assets
- $4.6b
- Revenue
- $1.4b
- Investments
- $1.5b
- Employees
- 12,957
- Location
- Newark, DE
- Founding
- 11/1933
- Data as of
- 06/2021
- EIN
- 51-6000297
Organization Overview
University Of Delaware is located in Newark, DE. The organization was established in 1933. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, University Of Delaware employed 12,957 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Delaware 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 06/2021, University Of Delaware generated $1.4b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.3b during the year ending 06/2021. While expenses have increased by 1.3% 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.
Since 2016, University Of Delaware has awarded 814 individual grants totaling $191,126,950. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INSTRUCTION, RESEARCH, AND PUBLIC SERVICES ARE THE UNIVERSITY'S MOST SIGNIFICANT ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION AND DEPARTMENTAL RESEARCH ARE PROVIDED TO OVER 23,000 STUDENTS INCLUDING APPROXIMATELY 21,500 FULL TIME AND 2,400 PART-TIME STUDENTS AT 4 CAMPUSES THROUGHOUT THE STATE OF DELAWARE.
SPONSORED RESEARCH IS ADVANCING, LEADING-EDGE RESEARCH THAT SOLVES MYSTERIES, TACKLES PROBLEMS, AND INVENTS NEW TECHNOLOGIES - ALL AIMED AT ENHANCING OUR QUALITY OF LIFE.
AUXILIARY SERVICES MANAGES MANY OF THE UNIVERSITY OF DELAWARE'S SUPPORT UNITS PROVIDING A WIDE RANGE OF PRODUCTS AND SERVICES FOR STUDENTS, FACULTY, AND STAFF INCLUDING THE UNIVERSITY'S RESIDENCE HALLS, BOOKSTORE, CONFERENCE SERVICES, DINING SERVICES, GREEN RESERVATIONS (AREAS OUTSIDE OF RESIDENCE HALLS AND CAMPUS BUILDINGS), RESIDENCE HALL LAUNDRY, UNIVERSITY PARKING, BUS SERVICE, AND PRINTING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol A Ammon Trustee | Trustee | 2 | $0 |
Christopher W Baker Trustee | Trustee | 2 | $0 |
James C Borel Trustee | Trustee | 2 | $0 |
Shawn Brittingham Trustee | Trustee | 2 | $0 |
John Carney Trustee | Trustee | 2 | $0 |
Allison Burris Castellanos Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aramark Food Services | 6/29/22 | $26,580,042 |
Whiting-turner Contracting Company Construction | 6/29/22 | $17,902,441 |
Bancroft Construction Construction | 6/29/22 | $6,965,517 |
Barton Malow-edis Ii A Jv Construction | 6/29/22 | $6,767,240 |
Ebsco Information Services Library Subscription | 6/29/22 | $5,081,725 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,867,274 |
| Investment income | $19,503,130 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,534,293 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $144,348,691 |
| Net Income from Fundraising Events | -$2,448 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,380,687,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $184,072,164 |
| Grants and other assistance to Foreign Orgs/Individuals | $25,065,854 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $8,845,644 |
| Compensation to disqualified persons | $1,266,510 |
| Other salaries and wages | $492,689,323 |
| Pension plan accruals and contributions | $69,314,885 |
| Other employee benefits | $91,667,136 |
| Payroll taxes | $31,529,460 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,387,269 |
| Fees for services: Accounting | $464,243 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $650,482 |
| Fees for services: Investment Management | $7,647,148 |
| Fees for services: Other | $26,903,192 |
| Advertising and promotion | $1,355,762 |
| Office expenses | $45,002,558 |
| Information technology | $33,596,143 |
| Royalties | $191,975 |
| Occupancy | $79,647,884 |
| Travel | $2,682,632 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $263,871 |
| Interest | $27,919,014 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,790,941 |
| Insurance | $3,255,448 |
| All other expenses | $0 |
| Total functional expenses | $1,278,759,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,590 |
| Savings and temporary cash investments | $201,633,276 |
| Pledges and grants receivable | $69,323,278 |
| Accounts receivable, net | $16,896,278 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $348,115 |
| Prepaid expenses and deferred charges | $8,087,320 |
| Investments—publicly traded securities | $891,208,428 |
| Investments—other securities | $1,525,270,544 |
| Investments—program-related | $6,576,017 |
| Intangible assets | $8,436 |
| Other assets | $12,524,949 |
| Total assets | $4,592,733,130 |
| Accounts payable and accrued expenses | $138,812,669 |
| Grants payable | $0 |
| Deferred revenue | $63,461,406 |
| Tax-exempt bond liabilities | $494,896,502 |
| 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 | $201,982,150 |
| Other liabilities | $678,354,867 |
| Total liabilities | $1,577,507,594 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $3,015,225,536 |
Grants Awarded
Over the last fiscal year, University Of Delaware has awarded $40,744,944 in support to 179 organizations.
| Grant Recipient | Amount |
|---|---|
ACCUGENOMICS INC PURPOSE: RESEARCH SUBAWARD | $100,640 |
AGORANET INCORPORATED PURPOSE: RESEARCH SUBAWARD | $211,451 |
ALBANY STATE UNIVERSITY PURPOSE: RESEARCH SUBAWARD | $16,808 |
APEFW (ANNIE'S PROJECTEDUCATION FOR FARM WOMEN) PURPOSE: RESEARCH SUBAWARD | $17,677 |
APPLIED BIOSENSORS LLC PURPOSE: RESEARCH SUBAWARD | $145,855 |
APTIM FEDERAL SERVICES LLC PURPOSE: RESEARCH SUBAWARD | $47,936 |