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Filing year 2023

UNIVERSITY OF IOWA RESEARCH FOUNDATION

Iowa City, Iowa·EIN 23-7436761·501(c)(3)
Total revenue
$6.4M
Total assets
$10.6M
Total expenses
$6.3M
Reported officers
13
Mission

THE UNIVERSITY OF IOWA RESEARCH FOUNDATION'S (UIRF) MISSION IS TO: ADVANCE, DEVELOP, INCREASE AND EXTEND THE PROGRESS OF SCIENCE AND USEFUL ARTS THROUGH ENCOURAGING AND ASSISTING INVESTIGATION, RESEARCH AND EDUCATION AT THE STATE UNIVERSITY OF IOWA BY FURNISHING THE MEANS, METHODS AND AGENCIES BY WHICH IDEAS, CREATIONS, DISCOVERIES, INVENTIONS AND PROCESSES MAY BE PROTECTED AND THE USES THEREOF DETERMINED AND SAFEGUARDED FOR THE PUBLIC, AND TO MANAGE, LICENSE AND DISPOSE OF PROPRIETARY RIGHTS IN IDEAS, CREATIONS, DISCOVERIES, INVENTIONS AND PROCESSES OF ANY NATURE; TO RECEIVE BY GIFT, GRANT, DEVISE OR BEQUEST, AND TO ACQUIRE BY PURCHASE, LEASE, EXCHANGE OR OTHERWISE, PROPERTY, BOTH REAL AND PERSONAL, EITHER AS ABSOLUTE OWNER OR AS TRUSTEE THEREOF, AND TO MANAGE AND ADMINISTER THE SAME; TO MAKE CONTRIBUTIONS, GRANTS, GIFTS AND TRANSFERS OF PROPERTY, BOTH REAL AND PERSONAL, EITHER OUTRIGHT OR IN TRUST, TO OR FOR THE BENEFIT OF THE STATE UNIVERSITY OF IOWA.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

University of Iowa President
Above 90th percentile
$559k
$618k
Secretary
Officer (Unspecified)
$300k
$332k
Base
$250k
Bonus
Other
$2k
Benefits
$22k
Employee
Highest Compensated Employee
25th percentile to median
$158k
$175k
Base
$124k
Bonus
Other
$1k
Benefits
$20k
Employee
Highest Compensated Employee
25th percentile to median
$151k
$167k
Base
$135k
Bonus
Other
$1k
Benefits
$702
Director
Board Member
75th to 90th percentile
$66k
$73k
Treasurer
Officer (Unspecified)
$59k
$65k
President
25th percentile to median
$56k
$62k
Former Officer
Former Officer/director/trustee
25th percentile to median
$48k
$54k
Director
Board Member
Median to 75th percentile
$47k
$51k
Director
Board Member
Median to 75th percentile
$46k
$51k
Director
Board Member
Median to 75th percentile
$38k
$42k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 94%
from 2022

From $289k in 2022 to $559k in 2023.

$289k
2022
$559k
2023
In today's dollarsEst.
Up 87% in real terms$331k to $618k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1009% from 2022 to 2023, while revenue rose 73%.

$50k in 2022 to $559k in 2023.
  • Highest Compensated Employee pay rose 1% from 2022 to 2023.
  • Board Member pay rose 11% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

UNIVERSITY OF IOWA RESEARCH FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.7M
$5.1M
2022
$6.4M
$6.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about UNIVERSITY OF IOWA RESEARCH FOUNDATION

What does the Chief Executive Officer of UNIVERSITY OF IOWA RESEARCH FOUNDATION earn?

In 2023, the Chief Executive Officer of UNIVERSITY OF IOWA RESEARCH FOUNDATION received $559,316 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at UNIVERSITY OF IOWA RESEARCH FOUNDATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at UNIVERSITY OF IOWA RESEARCH FOUNDATION falls in the top 10%.

What are UNIVERSITY OF IOWA RESEARCH FOUNDATION's revenue and expenses?

In 2023, UNIVERSITY OF IOWA RESEARCH FOUNDATION reported $6.4M in total revenue and $6.3M in total expenses on its IRS Form 990.

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