University Development Foundation

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Arts, Culture and Humanities / Printing, Publishing (NTEE)

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. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$420,445
Expenses
$474,552
Net Income
-$54,107
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $420,445
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $464,463
97.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Other
Kyriakos Tsakopoulos (President) $0 $0
David Siegel (Treasurer & Secretary) $0 $0
Ms Julie Teel (Chairperson) $0 $0
Dr Gregory Graves (Board Member) $0 $0
Hon Kevin Culhane (Board Member) $0 $0
Ms Claudia Cummings (Board Member) $0 $0
Mr Dave Lucchetti (Board Member) $0 $0
Mr Scott Powell (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$124,731
Expenses
$99,799,466
Net Income
-$99,674,735
Net Assets
$54,107
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $28,701
23.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $99,656,531
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $499,472
Total Liabilities $445,365
Net Assets $54,107
Compensation
Key Employees and Officers Compensation Other
Kyriakos Tsakopoulos (President) $0 $0
David Siegel (Treasurer & Secretary) $0 $0
Ms Julie Teel (Chairperson) $0 $0
Dr Gregory Graves (Board Member) $0 $0
Hon Kevin Culhane (Board Member) $0 $0
Ms Claudia Cummings (Board Member) $0 $0
Mr Dave Lucchetti (Board Member) $0 $0
Mr Scott Powell (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$7,082,698
Expenses
$289,983
Net Income
$6,792,715
Net Assets
$99,728,842
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $6,970,934
98.4%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $1,000
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $138,048
47.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $100,473,677
Total Liabilities $744,835
Net Assets $99,728,842
Compensation
Key Employees and Officers Compensation Other
Kyriakos Tsakopoulos (President) $0 $0
David Siegel (Treasurer) $0 $0
Ms Julie Teel (Secretary) $0 $0
Dr Gregory Graves (Board Member) $0 $0
Hon Kevin Culhane (Board Member) $0 $0
Ms Claudia Cummings (Board Member) $0 $0
Mr Dave Lucchetti (Board Member) $0 $0
Mr Scott Powell (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$126,445
Expenses
$296,617
Net Income
-$170,172
Net Assets
$92,936,127
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $169,594
57.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $100,423,413
Total Liabilities $7,487,286
Net Assets $92,936,127
Compensation
Key Employees and Officers Compensation Other
Kyriakos Tsakopoulos (President) $0 $0
David Siegel (Treasurer) $0 $0
Ms Julie Teel (Secretary) $0 $0
Dr Gregory Graves (Board Member) $0 $0
Hon Kevin Culhane (Board Member) $0 $0
Ms Claudia Cummings (Board Member) $0 $0
Mr Dave Lucchetti (Board Member) $0 $0
Mr Scott Powell (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$118,114
Expenses
$433,290
Net Income
-$315,176
Net Assets
$93,106,299
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $12,000
10.2%
Interest Revenue $34
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $296,978
68.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $100,146,651
Total Liabilities $7,040,352
Net Assets $93,106,299
Compensation
Key Employees and Officers Compensation Other
Julie Anne Halldorson (Office Administrator) $62,166 $9,830
Kyriakos Tsakopoulos (President) $0 $0
David Siegel (Cfo) $0 $0
Ms Julie Teel (Secretary) $0 $0
Dr Gregory Graves (Board Member) $0 $0
Hon Kevin Culhane (Board Member) $0 $0
Ms Claudia Cummings (Board Member) $0 $0
Mr Dave Lucchetti (Board Member) $0 $0
Mr Scott Powell (Board Member) $0 $0
Hon Robert Holderness (Secretary (Thru 7/18)) $0 $0
Mark Enes (Treasurer And Secretary (Thru 1/18)) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$344,724
Expenses
$1,451,487
Net Income
-$1,106,763
Net Assets
$93,421,475
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $247,505
71.8%
Interest Revenue $3,619
1.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,261,231
86.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $99,363,493
Total Liabilities $5,942,018
Net Assets $93,421,475
Compensation
Key Employees and Officers Compensation Other
Kyriakos Tsakopoulos (President) $0 $0
Hon Robert Holderness (Secretary) $0 $0
Dr Gregory Graves (Board Member) $0 $0
Hon Kevin Culhane (Board Member) $0 $0
Ms Claudia Cummings (Board Member) $0 $0
Dr Lou Vismara (Board Member (Thru 1/17)) $0 $0
Sir Nigel Thrift (Board Member (Thru 8/17)) $0 $0
Mark Enes (Tresasurer & Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$218,495
Expenses
$2,475,936
Net Income
-$2,257,441
Net Assets
$94,495,768
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $45,362
20.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $166,601
76.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,532
3.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $98,752,849
Total Liabilities $4,257,081
Net Assets $94,495,768
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dr Louis Vismara (Executive Director) $24,996 $0 $0
Nigel Thrift (Chairman) $0 $0 $0
Kyriakos Tsakopoulos (President & Ceo) $0 $0 $0
Mark Enes (Secretary/Treasurer) $0 $0 $0
Dr Gregory Graves (Director) $0 $0 $0
John Hood Thru 112016 (Director) $0 $0 $0
Robert Holderness (Director) $0 $0 $0
Bill Campbell Thru 42016 (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$185,291
Expenses
$888,900
Net Income
-$703,609
Net Assets
$96,753,209
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,000
2.7%
Program Services $0
Investment Income $6,811
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $173,480
93.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $98,795,089
Total Liabilities $2,041,880
Net Assets $96,753,209
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nigel Thrift (Chairman) $0 $0 $0
Kyriakos Tsakopoulos (President & Ceo) $0 $0 $0
Mark Enes (Secretary/Treas) $0 $0 $0
Dr Louis Vismara (Executive Dir.) $0 $0 $0
Dr Gregory Graves (Director) $0 $0 $0
John Hood (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$661,443
Expenses
$11,173,059
Net Income
-$10,511,616
Net Assets
$97,456,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $536,643
81.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $124,800
18.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $98,636,558
Total Liabilities $1,179,740
Net Assets $97,456,818

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$132,742
Expenses
$349,397
Net Income
-$216,655
Net Assets
$107,249,623
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,931
9.0%
Program Services $0
Investment Income $6,811
5.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $114,000
85.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $107,592,423
Total Liabilities $342,800
Net Assets $107,249,623

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$106,905,005
Expenses
$30,765
Net Income
$106,874,240
Net Assets
$107,429,391
Notable Sources of Revenue Percent of Total Revenue
Contributions $107,305,832
> 100%
Program Services $0
Investment Income $6,811
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$407,638
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $107,429,391
Total Liabilities $0
Net Assets $107,429,391

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$645,484
Expenses
$1,242,997
Net Income
-$597,513
Net Assets
$555,151
Notable Sources of Revenue Percent of Total Revenue
Contributions $367,584
56.9%
Program Services $95,854
14.8%
Investment Income $7,500
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $103,552
16.0%
Net Inventory Sales $0
Other Revenue $70,994
11.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $265,527
21.4%
Assets/Debt
Total Assets $582,551
Total Liabilities $27,400
Net Assets $555,151

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

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 information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include 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 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.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file 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 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."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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

Get the Data

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

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • 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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