2024-08-14T16:43:08-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2022-10-01 840412668 UNIVERSITY CORPORATION FOR ATMOSPHERIC RESEARCH UNIV 3034978575 PO BOX 3000 BOULDER CO 80307 GEOFF CHEESEMAN ACTING CFO 3034978575 2024-08-14 1 1 SARAH HINTZ P00492291 3037795710 2024-08-14 2022 2024-08-08 14:25:15Z ANTONIO BUSALACCHI PO BOX 3000 BOULDER CO 80307 322673431 0 X WWW.UCAR.EDU X 1946 CO UNIVERSITY CORPORATION FOR ATMOSPHERIC RESEARCH (UCAR), ON BEHALF OF, AND IN COOPERATION WITH ITS MEMBER UNIVERSITY MEMBERS, IS ENGAGED IN THE MANAGEMENT OF LONG-TERM ATMOSPHERIC AND RELATED RESEARCH AND EDUCATIONAL ACTIVITIES, AND OF SCIENTIFIC FACILITIES, MOSTLY THROUGH THE OPERATION OF THE NATIONAL CENTER FOR ATMOSPHERIC RESEARCH. IT ALSO ASSUMES THE ROLES OF SCIENTIFIC LEADERSHIP AND ADVOCACY ON THE NATIONAL AND INTERNATIONAL BASIS AND PROVIDES SERVICES TO THE RESEARCH COMMUNITY SUCH AS VISITOR PROGRAMS, THE DISSEMINATION OF SCIENTIFIC DATA, COMPUTING, RADAR AND AIRCRAFT FACILITIES AND FOSTERING NEW AND IMPROVED RELATIONSHIPS AMONG THE ACADEMIC RESEARCH COMMUNITY AND THE PRIVATE SECTOR. 19 18 1564 20 132270 104196 229890244 279137287 11222858 22070491 7985181 838749 3184815 2095100 252283098 304141627 84950 28000 0 0 178864526 189006161 0 0 280854 74969290 88773793 253918766 277807954 -1635668 26333673 309604531 344514067 84308931 79475890 225295600 265038177 X SEE SCHEDULE OUNIVERSITY CORPORATION FOR ATMOSPHERIC RESEARCH (UCAR), ON BEHALF OF, AND IN COOPERATION WITH ITS MEMBER UNIVERSITY MEMBERS, IS ENGAGED IN THE MANAGEMENT OF LONG-TERM ATMOSPHERIC AND RELATED RESEARCH AND EDUCATIONAL ACTIVITIES, AND OF SCIENTIFIC FACILITIES, MOSTLY THROUGH THE OPERATION OF THE NATIONAL CENTER FOR ATMOSPHERIC RESEARCH. IT ALSO ASSUMES THE ROLES OF SCIENTIFIC LEADERSHIP AND ADVOCACY ON THE NATIONAL AND INTERNATIONAL BASIS AND PROVIDES SERVICES TO THE RESEARCH COMMUNITY SUCH AS VISITOR PROGRAMS, THE DISSEMINATION OF SCIENTIFIC DATA, COMPUTING, RADAR AND AIRCRAFT FACILITIES AND FOSTERING NEW AND IMPROVED RELATIONSHIPS AMONG THE ACADEMIC RESEARCH COMMUNITY AND THE PRIVATE SECTOR. 0 0 68406448 0 1181618 COMPUTATIONAL AND INFORMATION SYSTEMS LAB - TO SUPPORT AND ADVANCE THE GEO-SCIENCES WITH WORLD CLASS COMPUTING, DATA MANAGEMENT, MATHEMATICS AND COMPUTATIONAL SCIENCE. 40718388 0 6570248 RESEARCH APPLICATION LAB - CONDUCTS DIRECTED RESEARCH THAT CONTRIBUTES TO THE FUNDAMENTAL UNDERSTANDING OF THE ATMOSPHERE AND RELATED PHYSICAL, BIOLOGICAL, AND SOCIAL SYSTEMS; TO SUPPORT, ENHANCE, AND EXTEND THE CAPABILITIES OF THE SCIENTIFIC COMMUNITY, TO DEVELOP AND TRANSFER KNOWLEDGE AND TECHNOLOGY FOR THE BETTERMENT OF LIFE ON EARTH, AND TO SUPPORT TECHNOLOGY TRANSFER THAT EXPANDS THE REACH OF ATMOSPHERIC SCIENCE. 34066756 0 45102 EARTH OBSERVING LAB - TO DEVELOP AND EMPLOY NEW ADVANCED OPTICAL SPECTROSCOPIC TECHNOLOGIES, INSTRUMENTS AND ADVANCED ALGORITHMS FOR THE NEXT GENERATION OF GROUND BASED AND AIRBORNE MEASUREMENTS OF VARIOUS ATMOSPHERIC TRACE GASES. 92462758 28000 16338275 92462758 28000 16338275 235654350 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 377 0 1 1564 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X JUSTIN YOUNG 3034978570 PO BOX 3000 BOULDER CO 80307 ANTONIO BUSALACCHI TRUSTEE/UCAR PRESIDENT 40.00 1.00 X X 593341 0 46840 EVERETTE JOSEPH NCAR DIRECTOR 40.00 0.00 X 371054 0 55544 STEVEN GALLAGHER UCAR CHIEF OPERATING OFFICER 40.00 0.00 X 330574 0 48635 SARAH PRITCHARD CHIEF LEGAL OFFICER 40.00 0.00 X 298560 0 52029 SCOTT MCINTOSH NCAR DEPUTY DIRECTOR 40.00 0.00 X 288364 0 52853 GREGORY MADDEN CHIEF INFORMATION OFFICER 40.00 0.00 X 261361 0 40065 YING KUO UCP DIRECTOR 40.00 0.00 X 255309 0 43569 WILLIAM MAHONEY NCAR LAB DIRECTOR 40.00 0.00 X 262324 0 27803 NEIL BARKER CHIEF HUMAN RESOURCES OFFICER 40.00 0.00 X 250645 0 33953 ERIKA SMITH CHIEF FINANCIAL OFFICER 40.00 15.00 X 242599 0 40718 CHRISTOPHER DAVIS DEPUTY DIR OF NCAR EDUCATION AND OUTREACH 40.00 0.00 X 232815 0 42123 HOLLY GILBERT NCAR ASSOC. 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THE INVESTMENT INCOME EARNED ON THE DONATIONS IS INTENDED TO FUND THE EXPENSES OF THE FELLOWSHIPS WITH THE PRINCIPAL BALANCE PERMANENTLY INTACT. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED AS PERMANENTLY RESTRICTED. INVESTMENT EARNINGS ARE RECORDED AS TEMPORARILY RESTRICTED NET ASSETS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FOUNDATION REVENUE -2,419,688. ROUNDING TO ACCOUNT FOR ROUNDED AUDITED FINANCIALS 3,398. POST RETIREMENT BENEFIT CHANGE -459,497. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET -4,505,192. LOSS ON LEASE TERMINATION -12,846. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET 4,505,192. FOUNDATION EXPENSES 109,238. LOSS ON LEASE TERMINATION 12,846. ROUNDING TO ACCOUNT FOR ROUNDED AUDITED FINANCIALS -454. ANTARCTICA 0 0 PROGRAM SERVICES RESEARCH/COLLABORATION 7085 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES RESEARCH/COLLABORATION 45727 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RESEARCH/COLLABORATION 225074 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES RESEARCH/COLLABORATION 413674 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES RESEARCH/COLLABORATION 20661 NORTH AMERICA 0 0 PROGRAM SERVICES RESEARCH/COLLABORATION 26509 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES RESEARCH/COLLABORATION 692 SOUTH AMERICA 0 0 PROGRAM SERVICES RESEARCH/COLLABORATION 7030 SOUTH ASIA 0 0 PROGRAM SERVICES RESEARCH/COLLABORATION 11753 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES RESEARCH/COLLABORATION 23225 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 23183649 NORTH AMERICA 0 0 MEMBERSHIP REVENUE N/A 0 0 0 0 0 0 746452 23218627 23965079 1 0 1 1 1 0 PART I, LINE 3: THE ACCRUAL METHOD IS USED TO ACCOUNT FOR EXPENDITURES IN PART I. PART III ACCOUNTING METHOD: 1 SCHOLARSHIPS FOR ATMOSPHERIC SCIENCE STUDIES 7 28000 0 N/A N/A PART I, LINE 2: TO BE CONSIDERED FOR FUNDING, STUDENTS MUST SUBMIT A FUNDING REQUEST AND ALL SUPPORTING DOCUMENTATION. DOCUMENTATION INCLUDES TRANSCRIPTS AND NEEDS DOCUMENTATION AS DEFINED BY THE SCHOOL. EACH GRANT IS MADE OUT TO THE STUDENT'S UNIVERSITY ACCOUNT. THIS ENSURES THAT GRANTS ARE USED TO PAY TUITION, FEES AND OTHER SCHOOL RELATED COSTS. X X X X 0 0 0 0 0 0 0 0 0 ANTONIO BUSALACCHI TRUSTEE/UCAR PRESIDENT 593341 0 0 0 0 0 30500 0 16340 0 640181 0 0 0 EVERETTE JOSEPH NCAR DIRECTOR 371054 0 0 0 0 0 30500 0 25044 0 426598 0 0 0 STEVEN GALLAGHER UCAR CHIEF OPERATING OFFICER 330574 0 0 0 0 0 30500 0 18135 0 379209 0 0 0 SARAH PRITCHARD CHIEF LEGAL OFFICER 298560 0 0 0 0 0 27752 0 24277 0 350589 0 0 0 SCOTT MCINTOSH NCAR DEPUTY DIRECTOR 288364 0 0 0 0 0 28554 0 24299 0 341217 0 0 0 GREGORY MADDEN CHIEF INFORMATION OFFICER 261361 0 0 0 0 0 25992 0 14073 0 301426 0 0 0 YING KUO UCP DIRECTOR 255309 0 0 0 0 0 25992 0 17577 0 298878 0 0 0 WILLIAM MAHONEY NCAR LAB DIRECTOR 262324 0 0 0 0 0 25716 0 2087 0 290127 0 0 0 NEIL BARKER CHIEF HUMAN RESOURCES OFFICER 250645 0 0 0 0 0 24655 0 9298 0 284598 0 0 0 ERIKA SMITH CHIEF FINANCIAL OFFICER 242599 0 0 0 0 0 25219 0 15499 0 283317 0 0 0 CHRISTOPHER DAVIS DEPUTY DIR OF NCAR EDUCATION AND OUTREACH 232815 0 0 0 0 0 23790 0 18333 0 274938 0 0 0 HOLLY GILBERT NCAR ASSOC. 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DIRECTOR 226698 0 0 0 0 0 22895 0 9155 0 258748 0 0 0 ROY RASMUSSEN SENIOR SCIENTIST 218123 0 0 0 0 0 22055 0 17266 0 257444 0 0 0 MOHAN RAMAMURTHY CENTER DIRECTOR 217327 0 0 0 0 0 21577 0 13718 0 252622 0 0 0 SUE ELLEN HAUPT SENIOR SCIENTIST 221008 0 0 0 0 0 21593 0 9050 0 251651 0 0 0 MICHAEL DIXON EOL FACILITY MGR 221215 0 0 0 0 0 19424 0 8875 0 249514 0 0 0 A COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY 840896727 19645R4Y4 2017-01-23 36214166 ADVANCE REFUND 2011, 2013A, 2013B, 2013C AND A PORTION OF THE 2010 BONDS. 0 0 0 B COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY 840896727 NONEAVAIL 2021-07-01 9055000 ADVANCE REFUND 2010 AND 2012B 0 0 0 C COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY 840896727 19645RQJ3 2012-05-10 14428350 ADVANCE REFUND 2002 AND 2003 BONDS. 0 0 0 D COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY 840896727 NONEAVAIL 2023-08-03 15215000 REVENUE BONDS, SERIES 2023 0 0 0 A 17405000 36214166 447309 35766857 2017 1 1 1 1 B 2695000 9055000 76142 8978858 2021 1 0 1 1 C 13345000 14574204 227569 125784 14220851 2012 0 1 1 1 D 15215000 215000 15000000 0 0 0 0 A 0 0 1 1 0 0.01000 0.01000 0 0 1 B 0 0 1 1 0 0 0 1 C 0 0 1 1 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/01/2021 ISSUER NAME: COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/01/2021 FORM 990, PART VI, SECTION A, LINE 1A PURSUANT TO BYLAWS, THE EXECUTIVE COMMITTEE SHALL CONSIST OF (A) THE CHAIRPERSON AND VICE CHAIRPERSON OF THE BOARD OF TRUSTEES, THE SECRETARY, AND THE TREASURER, WHO SHALL AS EX OFFICIO MEMBERS OF THE EXECUTIVE COMMITTEE, AND (B) SUCH NUMBER OF TRUSTEES, WHO SHALL BE APPOINTED BY THE BOARD OF TRUSTEES, AS THE BOARD OF TRUSTEES MAY DETERMINE FROM TIME TO TIME. IF ANY MEMBER OF EXECUTIVE COMMITTEE CEASES TO BE A TRUSTEE, SUCH INDIVIDUAL'S MEMBERSHIP ON THE EXECUTIVE COMMITTEE SHALL ALSO TERMINATE. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL THE POWERS VESTED IN THE BOARD OF TRUSTEES DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES TO THE EXTENT PERMITTED BY LAW, UNLESS THE BOARD OF TRUSTEES SHALL OTHERWISE DETERMINE, AND SHALL PERFORM SUCH OTHER DUTIES AS MAY BE DIRECTED FROM TIME TO TIME BY THE BOARD OF AS MAY BE DIRECTED FROM TIME TO TIME BY THE BOARD TRUSTEES. FORM 990, PART VI, SECTION A, LINE 6 UCAR IS ORGANIZED AS A NON-PROFIT MEMBERSHIP CORPORATION UNDER COLORADO STATUES PURSUANT TO THE UCAR BYLAWS, ARTICLE 2, SECTION 2. THE CORPORATE MEMBERS OF UCAR ARE UNIVERSITIES, OTHER NON-PROFIT INSTITUTIONS OR ORGANIZATIONS, DIVISIONS OR UNITS OF UNIVERSITIES, AND GOVERNMENTAL INSTRUMENTALITIES, WHICH ARE ORGANIZED FOR EDUCATIONAL OR SCIENTIFIC PURPOSES. MEMBERS MUST BE LOCATED IN THE UNITED STATES OF AMERICA, CANADA, OR MEXICO AND MUST MEET CERTAIN OTHER ELIGIBILITY REQUIREMENTS AS OUTLINED IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS HAVE THE RIGHT, THROUGH THEIR MEMBERS REPRESENTATIVES, TO NOMINATE AND ELECT THE BOARD OF TRUSTEES, THROUGH THE MEMBERS NOMINATING COMMITTEE. AT THE ANNUAL MEETING, EACH YEAR, THE MEMBERS ELECT TRUSTEES TO SERVE ON THE BOARD OF TRUSTEES. THERE ARE 18 ELECTED TRUSTEES: 12 INSTITUTIONAL TRUSTEES (FROM MEMBER INSTITUTIONS) AND 6 TRUSTEES-AT-LARGE. THE TRUSTEES SERVE STAGGERED TERMS, SO THE NUMBER OF TRUSTEES ELECTED DEPENDS ON THE TERM EXPIRATION AND VACANCIES, BUT IT IS TYPICALLY 3 TRUSTEES EACH YEAR. THE MEMBERS ALSO HAVE THE ABILITY TO REMOVE TRUSTEES WITHOUT CAUSE BY A VOTE OF TWO-THIRDS OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS HAVE A RIGHT TO APPROVE ANY AMENDMENTS TO THE BYLAWS AND ARTICLES OF INCORPORATION, BY A TWO-THIRDS MAJORITY VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S OFFICERS AND TRUSTEES WERE PROVIDED AN ELECTRONIC COPY OF THE FINAL FORM 990 PRIOR TO FILING WITH THE IRS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND OFFICERS RECEIVE ANNUAL TRAINING ON CONFLICTS OF INTEREST, WHICH INCLUDES THAT THEY NEED TO RECOGNIZE AND BRING CONFLICTS OF INTEREST TO THE ATTENTION OF THE BOARD CHAIR, THE BOARD VICE CHAIR OR CHIEF LEGAL OFFICER. TRUSTEES AND OFFICERS ARE REQUIRED TO MAKE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE AND ALSO DISCLOSURE ANY ANTICIPATED OR ACTUAL CONFLICTS RELATED TO ANY UCAR TRANSACTION. THE POLICY AFFIRMATIVE STATES THAT CONFLICTS OF INTEREST MUST BE DISCLOSED. THE BOARD CHAIR, THE BOARD VICE CHAIR AND/OR THE CHIEF LEGAL/ETHICS OFFICER REVIEW AND CONFER ABOUT THE CONFLICT OF INTEREST AND HOW TO ADDRESS IT. THE DECISION IS MADE BY THE CHAIR WITH ADVICE OF THE CHIEF LEGAL OFFICER, UNLESS THE CHAIR HAS A CONFLICT, THEN IT IS MADE BY THE VICE CHAIR. UPON DISCLOSURE OF THE CONFLICT BY THE TRUSTEE OR OFFICER EXPERIENCING THE CONFLICT, THEY DO NOT PARTICIPATE IN ANY DISCUSSIONS OR DELIBERATIONS OF THE BOARD CONCERNING AUTHORIZATION, APPROVAL, OR RATIFICATION OF THE CONTRACT, TRANSACTION OR ACTIVITY IN FURTHERANCE OF THE CONTRACT OR TRANSACTION UNDER CONSIDERATION BY UCAR. THEY ARE EXCLUDED AND FIREWALLED FROM ANY PART OF THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE UCAR PRESIDENT'S COMPENSATION IS SET ANNUALLY BY THE BOARD OF TRUSTEES. THE PERSONNEL COMMITTEE OF THE BOARD OF TRUSTEES AND THE FULL BOARD OF TRUSTEES, ANNUALLY, AT THE MAY BOARD MEETING, CONSIDER THE COMPENSATION STRUCTURE, INCLUDING COMPARABILITY DATA AND VOTE ON STRUCTURE AND MERIT ADJUSTMENTS FOR ALL EMPLOYEES (INCLUDING TOP MANAGEMENT POSITIONS). COMPENSATION DATA, RECORD KEEPING AND DECISIONS THEREON FOR ALL EMPLOYEES, IS MAINTAINED IN UCAR HUMAN RESOURCES. IN ADDITION, THE SPECIFIC COMPENSATION FOR THE FOLLOWING TOP MANAGEMENT POSITIONS: UCAR PRESIDENT, NCAR DIRECTOR, VP OF FINANCE AND ADMINISTRATION, UCP DIRECTOR, NCAR DEPUTY DIRECTOR, ARE REVIEWED EVERY COUPLE OF YEARS BY A COMPENSATION SPECIALIST WITHIN UCAR HUMAN RESOURCES. THE REVIEW INCLUDES MARKET SURVEY COMPENSATION FOR COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THIS MARKET DATA WAS REVIEWED BY AN EXTERNAL THIRD PARTY ORGANIZATION IN 2023 AND FOUND TO BE APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN POST RETIREMENT BENEFIT LIABILITY -459,497. FORM 990 PART XII, LINE 2C: THE PROCESS FOR OVERSEEING AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. 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