UNLV RESEARCH FOUNDATION

Address
6795 EDMOND STREET NO 339
LAS VEGAS, NV 89118
Contact
Website: http://www.unlv.edu/research/foundation
Phone: +1 (702) 951-2012
Nonprofit
NTEE: U40 - Engineering and Technology Research, Services
EIN: 88-0501398

Mission

THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE PURPOSES OF SUPPORTING, PROMOTING, AND REPORTING ON RESEARCH ACTIVITIES AT THE UNIVERSITY OF NEVADA, LAS VEGAS, AS AN ENTITY OF THE BOARD OF REGENTS OF THE UNIVERSITY AND COMMUNITY (CONTINUED ON SCH O) COLLEGE SYSTEM OF NEVADA AND COMMERCIALIZATION OPPORTUNITIES THAT MAY BE CREATED AS A RESULT OF RESEARCH ACTIVITIES TO ENHANCE ECONOMIC DEVELOPMENT IN NEVADA.
 20172016201520142013
Basic features of the organization
Year of formation2000
Subsection code03
PF filing required0    
Metropolitan statistical area4120
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00$0.00
Number of employees00001
Number of people compensated >$100k00000
Number of volunteers1310990
Number of highly compensated contractors0000 
Personnel
Bomotti, Gerry
TitleDIRECTORDIRECTORDIRECTORSECRETARY/TREASURERSECRETARY/TREASURER
Name of key/compensated personGERRY BOMOTTIGERRY BOMOTTIGERRY BOMOTTIGERRY BOMOTTIGERRY BOMOTTI
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officer   True 
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Comer, Steve
TitleVICE CHAIRMANVICE CHAIRMANVICE CHAIRMANDIRECTORDIRECTOR
Name of key/compensated personSTEVE COMERSTEVE COMERSTEVE COMERSTEVE COMERSTEVE COMER
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrue  
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Dick, Jerald
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personJERALD DICKJERALD DICKJERALD DICK  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Jessup, Len
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personLEN JESSUPLEN JESSUPLEN JESSUP  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Johnson, Chip
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personCHIP JOHNSONCHIP JOHNSONCHIP JOHNSON  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Lee, Gregory
TitleDIRECTORDIRECTOR   
Name of key/compensated personGREGORY LEEGREGORY LEE   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Midby, John
Title   CHAIRMANCHAIRMAN
Name of key/compensated person   JOHN H MIDBYJOHN H MIDBY
Position of compensated person
Current individual trustee or director   TrueTrue
Current officer   True 
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Miles, Zachary
TitleEXECUTIVE DIRECTOREXECUTIVE DIRECTOR   
Name of key/compensated personZACHARY MILESZACHARY MILES   
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org10.0010.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$32,040.00$13,802.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $164,075.00$150,870.00   
O'Reilly, John
Title   DIRECTOR 
Name of key/compensated person   JOHN O'REILLY 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Piechota, Thomas
TitleSECRETARY/TREASURERSECRETARY/TREASURERSECRETARY/TREASURERDIRECTORDIRECTOR
Name of key/compensated personTHOMAS C PIECHOTATHOMAS C PIECHOTATHOMAS C PIECHOTATHOMAS C PIECHOTATHOMAS C PIECHOTA
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrue  
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Quirk, Ted
TitleCHAIRMANCHAIRMANCHAIRMANDIRECTORDIRECTOR
Name of key/compensated personTED QUIRKTED QUIRKTED QUIRKTED QUIRKTED QUIRK
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrue  
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Smatresk, Neal
Title    DIRECTOR
Name of key/compensated person    NEAL J SMATRESK
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    1.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Snyder, Don
Title   DIRECTOR 
Name of key/compensated person   DON SNYDER 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Strouse, Nancy
Title  EXECUTIVE DIRECTOREXECUTIVE DIRECTOREXECUTIVE DIRECTOR
Name of key/compensated person  NANCY STROUSENANCY H STROUSENANCY STROUSE
Position of compensated person
Current officer  TrueTrueTrue
Average hours per week working for org  4.004.004.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $32,992.00$31,620.00$27,738.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $182,105.00$177,644.00$161,119.00
White, John
TitleDIRECTORDIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated personJOHN WHITEJOHN WHITEJOHN WHITEJOHN V WHITEJOHN V WHITE
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Wong, Buck
TitleDIRECTORDIRECTORDIRECTORVICE CHAIRMANVICE CHAIRMAN
Name of key/compensated personBUCK WONGBUCK WONGBUCK WONGBUCK WONGBUCK WONG
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officer   True 
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Yackira, Michael
Title  DIRECTOR  
Name of key/compensated person  MICHAEL YACKIRA  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  1.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTHE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE PURPOSES (CONTINUED ON SCH O) OF SUPPORTING, PROMOTING, AND REPORTING ON RESEARCH ACTIVITIES AT THE UNIVERSITY OF NEVADA, LAS VEGAS, AS AN ENTITY OF THE BOARD OF REGENTS OF THE UNIVERSITY AND COMMUNITY COLLEGE SYSTEM OF NEVADA AND COMMERCIALIZATION OPPORTUNITIES THAT MAY BE CREATED AS A RESULT OF RESEARCH ACTIVITIES TO ENHANCE ECONOMIC DEVELOPMENT IN NEVADA.THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE PURPOSES (CONTINUED ON SCH O) OF SUPPORTING, PROMOTING, AND REPORTING ON RESEARCH ACTIVITIES AT THE UNIVERSITY OF NEVADA, LAS VEGAS, AS AN ENTITY OF THE BOARD OF REGENTS OF THE UNIVERSITY AND COMMUNITY COLLEGE SYSTEM OF NEVADA AND COMMERCIALIZATION OPPORTUNITIES THAT MAY BE CREATED AS A RESULT OF RESEARCH ACTIVITIES TO ENHANCE ECONOMIC DEVELOPMENT IN NEVADA.THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE PURPOSES (CONTINUED ON SCH O) OF SUPPORTING, PROMOTING, AND REPORTING ON RESEARCH ACTIVITIES AT THE UNIVERSITY OF NEVADA, LAS VEGAS, AS AN ENTITY OF THE BOARD OF REGENTS OF THE UNIVERSITY AND COMMUNITY COLLEGE SYSTEM OF NEVADA AND COMMERCIALIZATION OPPORTUNITIES THAT MAY BE CREATED AS A RESULT OF RESEARCH ACTIVITIES TO ENHANCE ECONOMIC DEVELOPMENT IN NEVADA.THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE PURPOSES (CONTINUED ON SCH O) OF SUPPORTING, PROMOTING, AND REPORTING ON RESEARCH ACTIVITIES AT THE UNIVERSITY OF NEVADA, LAS VEGAS, AS AN ENTITY OF THE BOARD OF REGENTS OF THE UNIVERSITY AND COMMUNITY COLLEGE SYSTEM OF NEVADA AND COMMERCIALIZATION OPPORTUNITIES THAT MAY BE CREATED AS A RESULT OF RESEARCH ACTIVITIES TO ENHANCE ECONOMIC DEVELOPMENT IN NEVADA.THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE PURPOSES OF SUPPORTING, PROMOTING, AND REPORTING ON RESEARCH ACTIVITIES AT THE UNIVERSITY OF NEVADA, LAS VEGAS, AS AN ENTITY OF THE BOARD OF REGENTS OF THE UNIVERSITY AND COMMUNITY COLLEGE SYSTEM OF NEVADA AND COMMERCIALIZATION OPPORTUNITIES THAT MAY BE CREATED AS A RESULT OF RESEARCH ACTIVITIES TO ENHANCE ECONOMIC DEVELOPMENT IN NEVADA.
Program service expenses, total$421,088.00$732,539.00$462,909.00$210,491.00$230,641.00
Programs, including revenue & expenses
TO ENCOURAGE ENTREPRENEURSHIP, THE POTENTIAL DEVELOPMENT OF RESEARCH PARKS, BUSINESS INCUBATORS, AND NEW KINDS OF PUBLIC AND PRIVATE PARTNERSHIPS.
Program expenses$421,088.00$732,539.00$462,909.00$210,491.00$230,641.00
Program revenue$72,327.00    
Program descriptionTO ENCOURAGE ENTREPRENEURSHIP, THE POTENTIAL DEVELOPMENT OF RESEARCH PARKS, BUSINESS INCUBATORS, AND NEW KINDS OF PUBLIC AND PRIVATE PARTNERSHIPS.TO ENCOURAGE ENTREPRENEURSHIP, THE POTENTIAL DEVELOPMENT OF RESEARCH PARKS, BUSINESS INCUBATORS, AND NEW KINDS OF PUBLIC AND PRIVATE PARTNERSHIPS.TO ENCOURAGE ENTREPRENEURSHIP, THE POTENTIAL DEVELOPMENT OF RESEARCH PARKS, BUSINESS INCUBATORS, AND NEW KINDS OF PUBLIC AND PRIVATE PARTNERSHIPS.TO ENCOURAGE ENTREPRENEURSHIP, THE POTENTIAL DEVELOPMENT OF RESEARCH PARKS, BUSINESS INCUBATORS, AND NEW KINDS OF PUBLIC AND PRIVATE PARTNERSHIPS.TO ENCOURAGE ENTREPRENEURSHIP, THE POTENTIAL DEVELOPMENT OF RESEARCH PARKS, BUSINESS INCUBATORS, AND NEW KINDS OF PUBLIC AND PRIVATE PARTNERSHIPS.
Financial data
Revenue
Total revenue$72,327.00$108,189.00$122,798.00$255,982.00$288,794.00
Revenue from contributions (total)$16.00$66,406.00$105,279.00$255,982.00$288,384.00
Revenue from noncash contributions    $64,733.00
Investment income, current yr$0.00$0.00$0.00$0.00$0.00
Total revenue from grants, etc., current yr$16.00$66,406.00$105,279.00$255,982.00$288,384.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$72,311.00$41,783.00$17,519.00$0.00$410.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)  $0.00$0.00$0.00
Gross receipts$72,327.00$108,189.00$122,798.00$255,982.00$288,794.00
Sources of contributions
Contributions from related organizations $66,406.00$105,279.00$255,982.00$288,384.00
Revenue from all other contributions$16.00    
Other types of revenue
Miscellaneous revenue (total)$29,527.00   $410.00
Net rental income$42,784.00$41,783.00$17,519.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$442,232.00$755,276.00$490,409.00$220,946.00$262,226.00
Total functional expenses: program service $421,088.00$732,539.00$462,909.00$210,491.00$230,641.00
Total functional expenses: management and general$21,144.00$22,737.00$27,500.00$10,455.00$31,585.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Legal fees (total)$132,257.00$108,814.00$15,610.00  
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$7,033,360.00$7,549,080.00$8,382,216.00$4,683,836.00$4,759,597.00
Total assets, beginning of year$7,549,080.00$8,382,216.00$4,683,836.00$4,759,597.00$4,894,173.00
Total liabilities$4,549,265.00$4,698,714.00$4,938,794.00$861,003.00$971,800.00
Total liabilities, beginning of year$4,698,714.00$4,938,794.00$861,003.00$971,800.00$1,132,944.00
Unrestricted net assets, end of yr$2,484,095.00$2,850,366.00$3,443,422.00$3,822,833.00$3,787,797.00
Net assets$2,484,095.00$2,850,366.00$3,443,422.00$3,822,833.00$3,787,797.00
Net assets, beginning of year$2,850,366.00$3,443,422.00$3,822,833.00$3,787,797.00$3,761,229.00
Other liabilities$437,697.00$599,546.00$761,396.00$809,246.00$971,095.00
Other assets$44,327.00$919,010.00$916,000.00  
Investments: publicly traded securities$2,045,864.00$2,042,231.00$1,988,200.00  
Cash: non-interest bearing$610,256.00$208,785.00$973,070.00$53,121.00$1,738.00
Cash: non-interest bearing, beginning of year$208,785.00$973,070.00$53,121.00$1,738.00$10,892.00
Other financial variables
Revenue less expenses-$369,905.00-$647,087.00-$367,611.00$35,036.00$26,568.00
Prepaid expenses & deferred charges$82,219.00$2,468.00$2,468.00$2,345.00$3,597.00
Accounts payable & accrued expenses$76,077.00$21,893.00$58,340.00$1,757.00$705.00
Deferred revenue$4,035,491.00$4,077,275.00$4,119,058.00$50,000.00 
Total net assets or fund balances$2,484,095.00$2,850,366.00$3,443,422.00$3,822,833.00$3,787,797.00
Depreciation, depletion, amortization$125,892.00$125,892.00$125,892.00$125,892.00$125,892.00
Governance and accountability
Number of voting members10101099
Number of independent voting members10101099
Financial sheets auditedTrueTrueTrue True
Audited on both consolidated and separate basisTrueTrueTrue  
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-07-012015-07-012014-07-012013-07-012012-07-01
Tax year end date2017-06-012016-06-012015-06-012014-06-012013-06-01
Indicators for schedules (selected)
Business transaction with entity owner   TrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-05-042017-08-102016-08-082015-07-222014-06-30
IRS schema version2016v3.02015v3.02014v6.02013v4.02012v2.1
Filing identifier201821089349300622201720769349300722201641379349302889201531349349305538201411299349301331
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