2023-08-02T15:09:07-07:00 2023-03-31 990 2022-04-01 986001254 THE GOVERNORS OF THE UNIVERSITY OF ALBERTA GOVE 7804920878 ESQ 2-006 10230 Jasper Avenue Edmonton Alberta CA T5J 4P6 Brian Boytang Director, Financial Reporting 7804920878 2023-08-02 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Brian Boytang ESQ Suite 2-007 10230 Jasper Avenue University of Alberta Edmonton Alberta CA T5J 4P6 1411064000 0 X www.ualberta.ca X University 1908 CA The Governors of The University of Alberta is a corporation that manages and operates the University of Alberta under the Post-secondary Learning Act (Alberta). Under the Post-secondary Learning Act, the university is a comprehensive academic and research institution offering undergraduate and graduate degree programs as well as a full range of continuing education programs and activities. 22 16 13742 0 0 0 857084000 833105000 346741000 347560000 267715000 167192000 30944000 88116000 1502484000 1435973000 139405000 151825000 0 0 866712000 807975000 0 0 5074000 392443000 449710000 1398560000 1409510000 103924000 26463000 4860894000 4622696000 2775744000 2692082000 2085150000 1930614000 Within a vibrant and supportive learning environment, the University of Alberta discovers, disseminates and applies new knowledge through teaching and learning, research and creative activity, community involvement and partnerships. The University of Alberta gives a national and international voice to innovation in our province, taking a lead role in placing Canada at the global forefront. 0 0 646707000 41125000 843549000 General Operations - This fund includes the provincial government operating grant, tuition fee revenue, investment income available for general spending and any new revenues generated by faculties and administrative units. Approximately 40,061 students from all Canadian provinces and territories and 156 other countries, participating in: College of Health Sciences (Kinesiology, Sport, + Recreation; Medicine + Dentistry; Nursing; Pharmacy + Pharmaceutical Sciences; School of Public Health; Rehabilitation Medicine); College of Natural + Applied Sciences (Agricultural, Life + Environmental Sciences; Engineering; Science); College of Social Sciences + Humanities (Alberta School of Business; Arts; Education; Law); Faculties (Augustana; Campus Saint-Jean (French); Extension; Graduate Studies + Research; Native Studies) 320387000 67805000 333915000 Sponsored Research - Funded by grants and contracts from external sponsors, donations and endowment investment income available for spending. The University ranks among the top five Canadian universities in annual sponsored research funding, including clinical trials and related research funding. The University is also among the top five Canadian universities in annual total research funding from the three federal government granting councils: the Canadian Institutes of Health Research, the Natural Sciences and Engineering Research Council, and the Social Sciences and Humanities Research Council. 70414000 4000 80256000 Ancillary Services - These University business enterprises provide goods and services to the University community and to individuals, companies and organizations external to the University. These units are expected to operate on either a break-even basis, covering their full operating and capital costs, or on a profit basis which is used to support the University's activities. 192017000 42890000 178254000 Other program services include: special purpose (funded by grants and contracts from external sponsors, donations and endowment investment income available for spending. Expenditures include scholarships and bursaries, and other special projects involving teaching and community service.); capital (funded by provincial, federal and other government grants and donations. Funds are primarily designated for the acquisition of buildings, equipment and furnishings, including major renovations). 192017000 42890000 178254000 1229525000 1 1 0 0 0 0 0 1 0 1 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 X 0 0 13742 1 0 1 CA IT UC 0 0 0 1 1 0 0 0 0 0 0 X 22 16 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X Brian Boytang 7804920878 ESQ Suite 2-007 10230 Jasper Avenue University of Alberta Edmonton Alberta CA T5J 4P6 Catherine Swindlehurst Former Interim Vice-President University Relations 40 X 486000 0 0 Randall Morck Professor Alberta School of Business 40.00 X 426000 0 0 Edy Lai-Man Wong Professor Alberta School of Business 40.00 X 413000 0 0 Steven Dew Provost and Vice-President Academic 40.00 X 410000 0 0 Xin-Min Li Professor and Chair, Psychiatry 40 X 365000 0 0 Paul Major Professor and Department Chair, Dentistry 40 X 356000 0 0 William Flanagan President 40 X 344000 0 0 Karim Jamal Professor and Chair, Accounting and Business Analytics 40 X 332000 0 0 Donald Hickey Former Vice-President Facilities and Operations 40 X 312000 0 0 Todd Gilchrist Vice-President University Services and Finance 40 X 308000 0 0 Andrew Sharman Vice-President Facilities and Operations 40 X 300000 0 0 Elan MacDonald Vice-President External Relations 40 X 264000 0 0 Brenda Hemmelgarn Dean, Medicine and Dentistry Faculty 40 X 259000 0 0 Greta Gesina Cummings Interim Dean, College of Health Sciences 40 X 259000 0 0 Aminah Robinson Vice President Research and Innovation 40 X 254000 0 0 James Shapiro Professor, Faculty of Medicine and Dentistry 40 X 245000 0 0 Matina Kalcounis-Rueppell Dean, College of Natural and Applied Sciences 40 X 244000 0 0 Lorne Babiuk Former Vice-President Research 40 X 216000 0 0 Kelly Spencer Former Interim Vice-President Advancement 40 X 206000 0 0 Verna Yiu Provost and Vice-President Academic 40 X 197000 0 0 Dennis Kunimoto Former Interim Dean, Medicine and Dentistry Faculty 40 X 171000 0 0 David Turpin Former President 40 X 97000 0 0 6464000 0 0 1702 1 1 0 Aramark Canada Ltd PO Box 950 Station U Toronto Ontario CA M8Z 5Y7 Food Services 7883000 Bee-Clean Building Maintenance 4505 101 Street NW Edmonton Alberta CA T6E 5C6 Janitorial Services 7880000 Canadian Research Knowledge Network 1309 Carling Avenue Ottawa Ontario CA K1Z 1A2 Research Knowledge Network 2977000 IBM Canada Ltd PO Box 34030 Vancouver British Columbia CA V6J 4M1 IT Services 2639000 LUMICKS USA Inc 800 South Street Suite 100 Waltham MA 02453 Biotechnology 2062000 93 X 0 0 0 573202000 156494000 103409000 604000 833105000 Credit course tuition and fees 611310 347560000 347560000 0 0 0 0 0 0 347560000 181326000 181326000 0 0 0 0 0 0 1044000 1044000 0 0 0 0 0 0 0 0 0 0 0 0 0 -39043000 0 -24909000 0 -14134000 -14134000 -14134000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Sales of services and products 611310 161906000 161906000 0 0 Endowment Net Assets 611310 -74834000 -74834000 0 0 0 0 0 0 87072000 1435973000 602868000 0 0 X 4587000 4587000 0 0 147238000 147238000 0 0 3475000 872000 2603000 0 0 0 0 0 671266000 561170000 110096000 0 63957000 47528000 15763000 666000 35502000 25538000 8778000 1186000 33775000 21698000 11600000 477000 0 0 0 0 57000 57000 0 0 0 0 0 0 0 0 0 0 0 0 8651000 8651000 0 0 37952000 37952000 0 0 1831000 1831000 0 0 7328000 6109000 1219000 0 26662000 22597000 4065000 0 239000 239000 0 0 54099000 54099000 0 0 19406000 18049000 1357000 0 0 0 0 0 0 0 0 0 9111000 9111000 0 0 0 0 0 0 118719000 118719000 0 0 4538000 4538000 0 0 Cost recoveries -165391000 -165391000 0 0 Cost of goods sold and recovered 109175000 109175000 0 0 Equipment rental and maintenance 74737000 74737000 0 0 Materials, supplies and services 142596000 120421000 19430000 2745000 1409510000 1229525000 174911000 5074000 15586000 13085000 370096000 288201000 0 0 113458000 140457000 0 0 0 0 0 0 2381000 1462000 9865000 8648000 4592097000 2548464000 2196535000 2043633000 1428351000 1311495000 362045000 407653000 363201000 409029000 0 0 -624000 -967000 4860894000 4622696000 357723000 416916000 0 0 2108919000 2004369000 0 0 0 0 0 0 309102000 270797000 0 0 0 0 2775744000 2692082000 X 752845000 644583000 1332305000 1286031000 2085150000 1930614000 4860894000 4622696000 X 26463000 0 0 0 0 -180999000 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 295000 0 0 0 X X X X 0 1220309000 19809000 104806000 44339000 0 14554000 1286031000 1278869000 14758000 150506000 97088000 0 14740000 1332305000 1045510000 15763000 277328000 41773000 0 15755000 1281073000 1019657000 19815000 -115148000 0 0 9841000 914483000 1048860000 28214000 62424000 37291000 0 13226000 1088981000 0 1 0 1 0 47629000 0 47629000 3038601000 0 1329815000 1708786000 0 0 0 0 1105976000 0 902554000 203422000 399891000 0 316095000 83796000 2043633000 0 0 Hedge funds 317468000 F Private credit 90185000 F 407653000 Private equity 304754000 F Private real estate 104275000 F 409029000 1435973000 0 0 0 0 0 1435973000 0 0 0 1435973000 1409510000 0 0 0 0 0 1409510000 0 0 0 1409510000 Schedule D, Part III, Line 4 The University of Alberta museums include 30 registered museum collections distributed throughout campus. Each is led by curators and support staff with expertise in the field. Over 10 million objects and specimens used daily in teaching, research and community engagement. Schedule D, Part V, Line 4 The investment earnings from endowment funds are used to advance specified educational purposes of the University. 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Human rights at the University of Alberta are shaped by international, national and provincial legislation, which has helped define our Discrimination, Harassment and Duty to Accommodate Policy. Discrimination against individuals or groups, based on any of the protected grounds, is prohibited: -race; colour; ancestry; place of origin; religious beliefs; gender, gender identity and gender expression; physical disability; mental disability; marital status; family status; source of income; sexual orientation; age; political beliefs; or any other groups as amended from time to time. The University of Alberta has an Office of Safe Disclosure & Human Rights which is available to University of Alberta students and staff wishing to report any concerns they have regarding university policies, procedures or ethical standards. Individuals who access the Office can expect issues to be resolved and brought forward. https://www.ualberta.ca/provost/portfolio/office-of-safe-disclosure-human-rights/humanrights-at-the-uofa.html Schedule E, Part I, Line 4 Reports and data sets about the University students. https://www.ualberta.ca/reporting/statistical-reports Schedule E, Part I, Line 6 The University of Alberta receives operating, research, and capital grant funding from the Government of Alberta. It also receives research grant funding from the Federal Government of Canada. X X X 1 1 0 0 0 0 0 0 0 Catherine Swindlehurst Former Interim Vice-President University Relations 104000 0 0 0 382000 0 20000 0 6000 0 512000 0 0 0 Randall Morck Professor Alberta School of Business 370000 0 0 0 56000 0 7000 0 7000 0 440000 0 0 0 Edy Lai-Man Wong Professor Alberta School of Business 257000 0 0 0 156000 0 22000 0 6000 0 441000 0 0 0 Steven Dew Provost and Vice-President Academic 393000 0 0 0 17000 0 62000 0 10000 0 482000 0 0 0 Xin-Min Li Professor and Chair, Psychiatry 243000 0 0 0 122000 0 28000 0 9000 0 402000 0 0 0 Paul Major Professor and Department Chair, Dentistry 186000 0 0 0 170000 0 29000 0 6000 0 391000 0 0 0 William Flanagan President 339000 0 0 0 5000 0 118000 0 11000 0 473000 0 0 0 Karim Jamal Professor and Chair, Accounting and Business Analytics 252000 0 0 0 80000 0 29000 0 9000 0 370000 0 0 0 Donald Hickey Former Vice-President Facilities and Operations 0 0 0 0 312000 0 0 0 0 0 312000 0 0 0 Todd Gilchrist Vice-President University Services and Finance 304000 0 0 0 4000 0 106000 0 10000 0 424000 0 0 0 Andrew Sharman Vice-President Facilities and Operations 289000 0 0 0 11000 0 40000 0 10000 0 350000 0 0 0 Elan MacDonald Vice-President External Relations 260000 0 0 0 4000 0 53000 0 10000 0 327000 0 0 0 Brenda Hemmelgarn Dean, Medicine and Dentistry Faculty 172000 0 0 0 87000 0 28000 0 9000 0 296000 0 0 0 Greta Gesina Cummings Interim Dean, College of Health Sciences 196000 0 0 0 63000 0 29000 0 7000 0 295000 0 0 0 Aminah Robinson Vice President Research and Innovation 254000 0 0 0 0 0 44000 0 9000 0 307000 0 0 0 James Shapiro Professor, Faculty of Medicine and Dentistry 167000 0 0 0 78000 0 28000 0 8000 0 281000 0 0 0 Matina Kalcounis-Rueppell Dean, College of Natural and Applied Sciences 173000 0 0 0 71000 0 28000 0 9000 0 281000 0 0 0 Lorne Babiuk Former Vice-President Research 0 0 0 0 216000 0 0 0 0 0 216000 0 0 0 Kelly Spencer Former Interim Vice-President Advancement 161000 0 0 0 45000 0 27000 0 9000 0 242000 0 0 0 Verna Yiu Provost and Vice-President Academic 197000 0 0 0 0 0 37000 0 7000 0 241000 0 0 0 Dennis Kunimoto Former Interim Dean, Medicine and Dentistry Faculty 148000 0 0 0 23000 0 22000 0 6000 0 199000 0 0 0 David Turpin Former President 97000 0 0 0 0 0 44000 0 7000 0 148000 0 0 0 Schedule J, Part I, Line 3 The current President's contract is the first to be limited by provincial regulation from the outset. There was therefore no need to conduct a compensation survey. Schedule J, Part I, Line 4 Part 1 Line 4a (severance payment); to Former Interim Vice-President University Relations [Swindlehurst, Catherine] - $313,000; Part I Line 4b (supplemental nonqualified retirement plan) - Under the terms of the Defined Benefit Supplementary Retirement plan (DB SRP), the executive may receive supplemental payments. Retirement arrangement costs as detailed below are not cash payments in the period but are period expenses for the rights to future compensation. Costs shown reflect the total estimated cost to provide supplementary retirement benefits. The DB SRP provides future benefits to participants based on years of service and earnings. The cost of these benefits is actuarially determined using the projected benefit method pro-rated on service, a market interest rate, and other assumptions included in the Canadian Institute of Actuaries' lump sum commuted value standard. The DB SRP was closed to new members effective June 30, 2014. Under the terms of the executive Defined Contribution Supplementary Retire Plan (DC SRP), the executive may receive supplemental payments. Retirement arrangement costs as detailed below are not cash payments in the period but are period expenses for the rights to future compensation. Costs shown reflect the total cost to provide supplementary retirement benefits. The DC SRP provides future benefits to participants based on the value of the contributions at the end of their service. The cost of these benefits is calculated based on pensionable salary multiplied by a factor based on age and service. The DC SRP was introduced effective July 1, 2014, for all executives commencing employment on or after that date. Current year expense; Provost and Vice-President (Academic) [Dew, Steven] - $34,000; President [Flanagan, William] - $23,000; Vice-President (University Services and Finance) [Gilchrist, Todd] - $20,000; Vice-President (Research and Innovation) [Robinson, Aminah] - $18,000; Former President [Turpin, David] - $18,000; Vice-President (Facilities and Operations) [Sharman, Andrew] - $17,000; Provost and Vice-President (Academic) [Yiu, Verna] - $14,000; Interim Dean. College of Health Sciences [Cummings, Greta] - $4,000; Professor and Chair, Accounting and Business Analytics [Jamal, Karim] - $4,000; Professor and Department Chair, Dentistry [Major, Paul] - $4,000; Professor, AB School of Business [Morck, Randall] - $4,000; Professor and Chair, Psychiatry [Li, Xin-Min] - $4,000; Professor, Faculty of Medicine & Dentistry [Shapiro, James] - $4,000; Dean, Medicine and Dentistry Faculty [Hemmelgarn, Brenda] - $3,000; Dean, College of Natural and Applied Sciences [Kalcounis-Rueppell, Matina] - $3,000; Former Vice-President (Advancement) [Spencer, Kelly] - $3,000; Former Interim Vice-President (University Relations) [Swindlehurst, Catherine] - $3,000; Vice-President (External Relations) [MacDonald, Elan] - $2,000; Former Interim Dean, Medicine and Dentistry Faculy [Kunimoto, Denis] - $1,000. Supplementary Retire Plan (SRP) payouts - these amounts represent the payouts of employer provided supplementary retirement benefits which were earned and expensed as the employees provided services. Payout of SRP; Former Vice-President (Facilities and Operations) [Hickey, Donald] - $312,000; Former Vice-President (Research) [Babiuk, Lorne] - $215,000. X 2 143000 Fair market value X 1 152000 Fair market value X 73000 Fair market value X 51000 Fair market value X 163 3643000 Fair market value X 5 141000 Fair market value X Equipment 4 44000 Fair market value 0 0 1 0 Schedule M, Part I, Line 33 Reporting number of contributions. Form 990, Header, Line C University of Alberta (UofA) is a teaching and research university in Canada. As a recipient of donations and grant funding from U.S. sources, the UofA has prepared form 990. As an organization exempt from income tax and an entity where the majority of activity occurs outside of the United States (within Canada), there are some parts of the forms and schedules that were deemed inapplicable. Please see below for the details of the exceptions and clarifications: Amounts are reported in U.S. dollars and was calculated using the year's average conversion rate of 1.000 CAD:0.7580 USD; Balance sheet items are calculated using the buy rate in effect on March 31st- 1.000 CAD:0.7442 USD. Form 990, Part IV, Line 35a The University holds 100% of all shares of 51092 Alberta Ltd (currently inactive and excluded from the university's statements) and University of Alberta Properties Trust Inc which is included in the University of Alberta financial statements. Form 990, Part V, Line 2a The University of Alberta does not complete Form W-3, Transmittal of Wage and Tax Statements but has interpreted this line to request the number of employees that we report to the Canadian Revenue Agency (W-3 being equivalent to T4). Form 990, Part VI, Section B, Line 11b The form contains information from various sources including the office of Advancement Services, Research Administration Services, Financial Reporting, Financial Statements, etc. The information is collected and assembled by the Senior Financial Accountant and reviewed by the Director, Financial Reporting and AVP Finance, Procurement and Planning. The University does not provide a copy of Form 990 to the governing body as the Board of Governors review and approve the audited University financial statement. Form 990, Part VI, Section B, Line 12a "Conflict Policy - Conflict of Interest and Commitment and Institutional Conflict https://policiesonline.ualberta.ca/PoliciesProcedures/Policies/Conflict-Policy--Conflict-of-Interest-and-Commitment-and-Institutional-Conflict.pdf" Form 990, Part VI, Section B, Line 12c The University is committed to academic freedom and excellence in teaching and research. In pursuit of this mission, the University and members of the University community frequently engage in activities or situations where actual or perceived conflicts will exist, or which raises the potential of actual or perceived conflicts. Rather than allow all conflicts, the University assesses conflict considerations and, when appropriate, permits certain managed conflict. However, conflict is permitted only if it can be managed in a way that: a.) Is compliant with legislation; b.) Considers, protects and serves the interests, integrity and reputation of the University; and, c.) Withstands the test of reasonable and independent scrutiny. Form 990, Part VI, Section B, Line 13 "Whistleblower referred to as the Fraud and Irregularity Reporting Response Procedure http://policiesonline.ualberta.ca/PoliciesProcedures/Procedures/Fraud-and-Irregularity-Reporting-and-Response-Procedure.pdf" Form 990, Part VI, Section B, Line 14 "Document retention policy is UAPPOL Records Retention Requirements Procedure http://policiesonline.ualberta.ca/PoliciesProcedures/Procedures/UAPPOL-Records-Retention-Requirements-Procedure.pdf" Form 990, Part VI, Section B, Line 15 The Board Human Resources and Compensation Committee assists the Board of Governors in fulfilling its governance responsibilities by providing strategic oversight, insight, and foresight with respect to University human resources policies, procedures, and trends; collective bargaining and related service contracts; and senior administration selection, review, compensation, and succession planning. Form 990, Part VI, Section C, Line 19 All policies and governing documents are available on the University's website (www.ualberta.ca). Form 990, Part VIII, Line 7d This includes gain loss on capital assets therefore it will not tie with the University's Consolidated Statement of Operations. The annual operating surplus will remain unchanged due to this. Form 990, Part IX, Line 24a - 24d Line 24d Materials, supplies and services has been reduced by the gain loss on capital assets which has been adjusted for in Part VIII Statement of Revenue Section Other Revenue 7d Net gain or (loss). The annual operating surplus will remain unchanged due to this. Form 990, Part XI, Line 9 Other changes in net assets include change of net assets in endowments, investment in capital assets, and foreign exchange gain/loss. Alberta Health Services Seventh Street Plaza 14th Floor North Tower 10030 107 Street NW Edmonton Alberta CA T5J 3E4 Health System CA Alberta Provincial Government 0 University of Alberta Properties Trust Inc 600 10050 112 Street Edmonton Alberta CA T6G 2J7 Property Development CA University of Alberta C 100 100 1 1 1 0 0 1 1 0 0 1 0 1 1 1 1 1 1 0 1 0 0 Alberta Health Services k 618000 Market value Alberta Health Services m 8487000 Market value University of Alberta Properties Trust Inc k 39000 Market value University of Alberta Properties Trust Inc m 82000 Market value Schedule R, Part II The University operates under the authority and statutes of the Province of Alberta. Transactions are measured at the exchange amount, which is the amount of the consideration established and agreed to by the related parties. Schedule R, Part IV Part IV (e) - University of Alberta Properties Trust Inc is not taxable in the US, as it is a Canadian resident corporation. However, if it was to register in the US, it would be subchapter C corporation. In prior returns, 51092 Alberta Ltd was listed but since late 2022 it has been shutdown.