Ulse Inc

  • Evanston, IL
  • Tax exemption issued: July 2023
  • EIN: 30-1211139

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Category: Public, Society Benefit — Multipurpose and Other / Consumer Protection, Safety (NTEE)

Donations to this organization are not tax deductible.

Details

According to its Dec. 2024 tax filing, this nonprofit:

Provided first-class or charter travel
Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$92,256,605
Expenses
$71,744,742
Net Income
$20,511,863
Net Assets
$4,475,080,338
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $28,737,544
31.1%
Investment Income $46,570,954
50.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $16,948,107
18.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $7,639,453
10.6%
Professional Fundraising Fees $0
Other Salaries and Wages $19,618,692
27.3%
Assets/Debt
Total Assets $4,508,329,813
Total Liabilities $33,249,475
Net Assets $4,475,080,338
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
T Rivelli (Svp, Clo, Corporate Secretary) $888,367 $0 $52,200
R Blaustein (Svp, Cfo) $839,790 $0 $62,116
D Steel (Executive Director Of Ulse) $715,500 $0 $25,029
R Borger (Svp, Chro) $527,939 $0 $45,695
M Murray (Vp, Legal & Corporate Affairs) $451,542 $0 $48,464
G Borlase (Interim Exec. Director Of Ulse) $421,272 $0 $38,275
B Long (Vp, Legal Affairs) $420,567 $0 $25,137
K Denis (Head Of Communications) $420,378 $0 $47,184
D Concepcion (Vp, Controller) $417,251 $0 $46,204
J Canfield (Vp Of Strategy) $402,643 $0 $40,803
V Modekurti (Svp, Cio) $397,164 $0 $44,823
S Bird (Vp, International Standards) $368,365 $0 $26,123
D Mcknight (Head Of Partnerships) $359,945 $0 $29,128
D Wroth (Sr Dir, Technology & Systems) $348,754 $0 $41,354
J Wolfe Jr (Dir, Strategic Initiatives) $320,195 $0 $27,108
D Jordan (Director, Standards Programs) $314,448 $0 $20,996
D Sheeran (Dir, Fin Planning & Analysis) $301,921 $0 $42,120
L Rohrbaugh (Head Of Insights & Policy) $295,643 $0 $26,020
V Patel (Treasurer) $292,945 $0 $18,119
S Nazemi (Sr Dir,it Infrastructure & Ops) $289,564 $0 $23,894
J Shannon (Board Member) $186,250 $324,191 $0
P Piqueira (Vp, Senior Advisor) $184,810 $0 $5,541
J Wittenberg (Board Member) $165,000 $0 $0
P Khoury (Board Member) $43,750 $180,000 $0
R Robinson (Evp & Cfo - Ul Solutions) $0 $5,600,065 $0
See filing for compensation of 2 other people →
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Document Links

990
Filed on Nov. 14, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$709,404,028
Expenses
$62,444,671
Net Income
$646,959,357
Net Assets
$2,060,821,672
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,500
0.0%
Program Services $26,724,980
3.8%
Investment Income $682,610,377
96.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $65,171
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $7,616,647
12.2%
Professional Fundraising Fees $0
Other Salaries and Wages $14,662,735
23.5%
Assets/Debt
Total Assets $2,092,621,786
Total Liabilities $31,800,114
Net Assets $2,060,821,672
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
T Rivelli (Svp & Clo, Corporate Secretary) $798,522 $71,721 $54,354
D Steel (Executive Director Of Ulse) $777,028 $0 $53,280
R Blaustein (Svp & Cfo) $729,141 $0 $60,534
R Borger (Svp & Chief Hr Officer) $476,141 $0 $53,041
J Canfield (Vp Of Strategy) $389,018 $0 $58,830
P Piqueira (Vp (global Standards), Snr Adv) $356,710 $0 $35,365
G Borlase (Interim Exec. Director Of Ulse) $348,103 $0 $40,898
K Denis (Head Of Communications) $337,030 $0 $57,584
V Modekurti (Svp & Cio (as Of 2/23)) $329,171 $0 $31,796
M Murray (Vp, Legal And Corporate Affair) $328,002 $0 $45,904
S Bird (Vp, Int Standards) $326,119 $0 $47,975
B Long (Vp, Legal Affairs) $318,075 $0 $51,683
D Wroth (Director Of Technology & Syste) $317,643 $0 $57,484
D Mcknight (Head Of Partnerships) $314,194 $0 $20,575
R Myers (Director, Standards Programs) $301,711 $0 $21,003
D Concepcion (Vp, Controller) $296,357 $0 $54,182
S Brooks (Director Standards Operations) $288,373 $0 $53,247
D Jordan (Director, Standards Programs) $259,331 $0 $40,058
R Olesen (Standards Manager) $255,541 $0 $43,883
L Rohrbaugh (Head Of Insights (as Of 1/23)) $225,121 $0 $33,591
V Patel (Treasurer (as Of 2/23)) $213,665 $0 $21,320
J Shannon (Board Member) $168,338 $410,000 $0
J Wittenberg (Board Member) $165,000 $0 $0
T Brady (Board Member (until 11/23)) $0 $3,900,627 $61,854
R Robinson (Evp & Cfo - Ul Solutions) $0 $2,099,311 $68,862
See filing for compensation of 3 other people →
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Document Links

990
Filed on Nov. 13, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,619,625,676
Expenses
$39,794,315
Net Income
$1,579,831,361
Net Assets
$1,331,051,792
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $27,011,418
1.7%
Investment Income $1,602,400,527
98.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$9,786,269
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $3,460,028
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $8,885,975
22.3%
Assets/Debt
Total Assets $1,340,148,729
Total Liabilities $9,096,937
Net Assets $1,331,051,792
Compensation
Key Employees and Officers Compensation Related Other
T Rivelli (Svp, Clo, Secretary) $729,393 $55,060 $78,247
R Blaustein (Svp, Cfo (as Of 5/22)) $516,684 $0 $19,078
J Canfield (Vp Of Strategy) $385,527 $0 $38,995
D Steel (Executive Director Of Ulse) $381,183 $0 $22,662
P Piqueira (Vp) $343,783 $0 $20,927
D Wroth (Director- Data Science) $305,664 $0 $35,440
S Bird (Vp, Int Standards) $288,388 $0 $33,370
R Borger (Vp Of Hr) $286,103 $0 $17,366
G Borlase (Vp, Standards Program) $284,569 $0 $20,763
S Brooks (Director Standards Operations) $259,628 $0 $32,112
R Olesen (Standards Manager) $246,026 $0 $27,044
D Jordan (Director, Standards Programs) $230,367 $0 $31,173
J Musso (Standards Program Manager) $217,840 $0 $50,940
D Concepcion (Vp, Controller) $110,944 $0 $5,525
J Wittenberg (Trustee (as Of 5/22)) $110,000 $0 $0
J Shannon (Director) $41,250 $348,072 $0
D Mcknight (Head Of Partnerships) $26,345 $0 $758
K Denis (Head Of Communications) $20,436 $0 $1,748
T Brady (Director) $0 $4,395,256 $37,485
R Robinson (Svp & Cfo (until 8/22)) $0 $2,389,681 $998,103
K Szczech (Svp/treasurer (until 8/22)) $0 $474,520 $134,946
E West (Vp & Assist Sec (until 8/22)) $0 $520,742 $20,500
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Document Links

990
Filed on Nov. 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,835,147,366
Expenses
$5,930,940
Net Income
$7,829,216,426
Net Assets
-$172,041,079
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,632,896,943
97.4%
Program Services $2,249,869
0.0%
Investment Income $200,000,554
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $95,815
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,358,464
22.9%
Assets/Debt
Total Assets $855,524,075
Total Liabilities $1,027,565,154
Net Assets -$172,041,079
Compensation
Key Employees and Officers Compensation Related Other
T Rivelli (Svp, Clo, Secretary) $48,273 $352,271 $59,132
P Piqueira (Vp) $19,637 $314,288 $20,928
D Wroth (Director- Data Science) $18,416 $279,880 $37,561
S Bird (Director- Int Standards) $17,160 $262,309 $24,314
R Olesen (Manager) $17,049 $221,305 $37,451
G Borlase (Director- Standards Program) $16,903 $259,581 $41,833
J Canfield (Vp) $16,877 $269,623 $51,798
S Brooks (Director- Standards Operations) $15,055 $233,368 $33,411
T Brady (Director) $0 $1,473,035 $2,740,852
R Robinson (Executive Director, Treasurer) $0 $1,519,367 $2,263,921
K Szczech (A. Treasurer) $0 $440,360 $576,514
E West (A. Corp Sec) $0 $358,856 $19,500
J Shannon (Director) $0 $255,000 $0
R Borger (Vp) $0 $25,385 $2,360
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Document Links

990
Filed on Nov. 16, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Gross receipts
Less than $50,000

Postcard filings do not ask for a specific revenue amount and provide no additional financial details.

Document Links

990-N

Postcard filing for an organization with gross receipts less than $50,000. These filings do not generate a downloadable form.

Fiscal Year Ending Dec.
2019

Gross receipts
Less than $50,000

Postcard filings do not ask for a specific revenue amount and provide no additional financial details.

Document Links

990-N

Postcard filing for an organization with gross receipts less than $50,000. These filings do not generate a downloadable form.

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

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