University License Equity Holdings Inc
- Assets
- $18.6m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Aurora, CO
- Founding
- 02/1996
- Data as of
- 06/2022
- EIN
- 84-1220697
Organization Overview
University License Equity Holdings Inc is located in Aurora, CO. The organization was established in 1996. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. This organization is the central organization for a national or regional group of organizations. University License Equity Holdings 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, University License Equity Holdings Inc generated $2.5m in total revenue. All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 70.9% 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
FURTHER THE EDUCATIONAL RESEARCH & OTHER SERVICE OBJECTIVES OF THE UNIVERSITY OF CO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNIVERSITY LICENSE EQUITY HOLDINGS, INC. (ULEHI) HOLDS AND MANAGES VARIOUS INTERESTS IN ENTREPRENEURIAL VENTURES RELATING TO INTELLECTUAL PROPERTIES TRANSFERRED TO IT BY THE UNIVERSITY PURSUANT TO A TRANSFER AGREEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Vannurden Treasurer/secretary | OfficerTrustee | 1 | $0 |
Merc Mercure Chairman | OfficerTrustee | 1 | $0 |
Catharine Merigold Vice Chairman | OfficerTrustee | 1 | $0 |
Joleen Bohnen Director Of Finance | Officer | 1 | $0 |
Terri Fiez Regent Director | Trustee | 1 | $0 |
Jeremy Hueth Regent Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,752,628 |
| 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 | $1,752,628 |
| Total Program Service Revenue | $130,000 |
| Investment income | $2,819 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $612,444 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,497,891 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $76,853 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45 |
| Advertising and promotion | $0 |
| Office expenses | $10 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $1,135,337 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,324 |
| All other expenses | $0 |
| Total functional expenses | $1,216,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168,885 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,757,205 |
| Investments—other securities | $0 |
| Investments—program-related | $7,715,970 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,642,060 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $18,642,060 |
| 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 | $18,642,060 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Santa Fe Institute Santa Fe, NM | $95,101,684 | $57,773,982 |
Kansas Health Institute Topeka, KS | $8,863,788 | $3,891,930 |
American Society For Mass Spectrometry Santa Fe, NM | $6,457,668 | $3,102,826 |
Partnership For Clean Competition Research Collaborative Colorado Springs, CO | $2,731,455 | $1,501,528 |
University License Equity Holdings Inc Aurora, CO | $18,642,060 | $2,497,891 |
Orient Land Trust Villa Grove, CO | $4,766,986 | $1,383,584 |
Higher Orbits Foundation Aurora, CO | $1,099,476 | $1,658,940 |
Space For Humanity Denver, CO | $3,292,691 | $3,840,498 |
500 Women Scientists Boulder, CO | $400,468 | $385,693 |
Paleocultural Research Group Arvada, CO | $89,655 | $291,713 |
Bible Archeology Search And Exploration Foundation Monument, CO | $93,428 | $0 |
Asociacion Gnostica De Estudios De Antropologia Y Ciencias Ageacac In Dwight, NE | $496,531 | $119,519 |