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Filing year 2023

UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY

Charlottesville, Virginia·EIN 56-2462804·NTEE B11 · Education·501(c)(3)
Total revenue
$912.3M
Total assets
$14.6B
Total expenses
$42.7M
Reported officers
26
Mission

THE UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY (UVIMCO) IS ORGANIZED TO INVEST FUNDS ON BEHALF OF THE RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA (THE UNIVERSITY OR UVA) AND UNIVERSITY-ASSOCIATED ORGANIZATIONS (UAOS).

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.

Ceo/cio
Officer (Unspecified)
$6.8M
$7.4M
Base
$789k
Bonus
$150k
Other
$3.5M
Benefits
$28k
Chief Operating Officer
Above 90th percentile
$4.1M
$4.5M
Base
$581k
Bonus
$1M
Other
$2.5M
Benefits
$31k
Managing Director
Director (Operational)
Above 90th percentile
$3.3M
$3.6M
Base
$474k
Bonus
$100k
Other
$1.6M
Benefits
$25k
Managing Director
Director (Operational)
Above 90th percentile
$2.9M
$3.2M
Base
$422k
Bonus
$100k
Other
$1.4M
Benefits
$27k
Managing Director
Director (Operational)
Above 90th percentile
$2.4M
$2.6M
Base
$421k
Bonus
$100k
Other
$1.1M
Benefits
$31k
Managing Director
Director (Operational)
Above 90th percentile
$1.9M
$2.1M
Base
$409k
Bonus
$120k
Other
$609k
Benefits
$26k
Managing Director Beg 7/23
Director (Operational)
Above 90th percentile
$1.8M
$2M
Base
$346k
Bonus
$132k
Other
$678k
Benefits
$21k
Gen Cnsl/cco & Secretary
Secretary (Operational)
Above 90th percentilevs Education peers nationwide
$1.6M
$1.7M
Base
$386k
Bonus
Other
$599k
Benefits
$31k
Managing Director
Director (Operational)
Above 90th percentile
$1.5M
$1.6M
Base
$413k
Bonus
$220k
Other
$273k
Benefits
$840
Chief Financial Officer
Above 90th percentile
$1.1M
$1.1M
Base
$327k
Bonus
$357k
Other
$87k
Benefits
$33k
Director
Highest Compensated Employee
Above 90th percentile
$668k
$729k
Base
$236k
Bonus
$120k
Other
$92k
Benefits
$11k
Director of Technology
Highest Compensated Employee
Above 90th percentile
$620k
$678k
Base
$262k
Bonus
$300k
Other
$1k
Benefits
$28k
Director
Highest Compensated Employee
Above 90th percentile
$427k
$466k
Base
$231k
Bonus
$140k
Other
$1k
Benefits
$27k
Director
Highest Compensated Employee
Above 90th percentile
$390k
$426k
Base
$209k
Bonus
$127k
Other
$410
Benefits
$28k
Senior Associate
Highest Compensated Employee
Above 90th percentile
$387k
$423k
Base
$192k
Bonus
$145k
Other
$2k
Benefits
$24k
Director
Board Member
Above 90th percentile
$182k
$199k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 10 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY equaled 16% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
16%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 7%
from 2022

From $6.3M in 2022 to $6.8M in 2023.

$6.3M
2022
$6.8M
2023
In today's dollarsEst.
Up 3% in real terms$7.2M to $7.4M

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

Pay for the position

Chief Operating Officer pay rose 113% from 2022 to 2023, while revenue rose 157%.

$1.9M in 2022 to $4.1M in 2023.
  • Director (Operational) pay fell 6% from 2022 to 2023.
  • Secretary (Operational) pay rose 19% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY2023
$6.8M
2
THE ASSOCIATION OF UNIVERSITY PHYSICIANS2023
$1.4M
3
NYC SCHOOL SUPPORT SERVICES INC2023
$437k
Compare compensation across all Education organizations
FAQ

Common questions about UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY

What does the Chief Operating Officer of UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY earn?

In 2023, the Chief Operating Officer of UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY received $4,120,055 in total compensation. This pay is in the top 10% for Chief Operating Officer roles among Education organizations in Virginia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Operating Officer pay at UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2023 pay of the Chief Operating Officer at UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY falls in the top 10%. In 2023, the highest total compensation at UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY equaled 16% of the organization's total expenses. The median for education organizations is 7%.

What are UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY's revenue and expenses?

In 2023, UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY reported $912.3M in total revenue and $42.7M in total expenses on its IRS Form 990.

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