2026-05-01T12:55:25+00:00 2025-06-30 440160260 Forvis Mazars LLP 1201 Walnut Street Suite 1700 Kansas City MO 641062246 990 2024-07-01 481172394 UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH PROPERTIES INC UNIV 9135881261 3901 RAINBOW BLVD MAILSTOP 1039 KANSAS CITY KS 66160 PAUL TOLER CFO/TREASURER 9135881261 2026-05-01 true Michael Engle P00482834 8162216300 2026-05-15 2024 2025-03-06 01:10:19Z X PAUL TOLER 3901 RAINBOW BLVD MAILSTOP 1039 KANSAS CITY KS 66160 28683 false X N/A X 1995 KS TITLE HOLDING COMPANY FURNISHING RESEARCH FACILITIES TO THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE. X 5 0 0 0 0 0 146442 28673 -266295 0 146442 -237622 0 0 0 0 0 238202 25017 238202 25017 -91760 -262639 379038 0 177425 0 201613 0 X TITLE HOLDING COMPANY FURNISHING RESEARCH FACILITIES TO THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE. false true PROVIDED UPDATED RESEARCH FACILITY FOR UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE, FACULTY AND START-UP COMPANIES. 0 false false false false false false false false false false true false false false false true false true false false false false false false false false false false false true false false false false false false false false false false false false true false false true true false false false true 0 0 0 false false false false false false false false X 5 0 true false false false false true false true true false false false true true true true true true false false false false KS X PAUL TOLER 9135885313 3901 RAINBOW BLVD MAILSTOP 1039 KANSAS CITY KS 66160 DAVID VRANICAR DIRECTOR 1.0 39.0 X 0 516655 58261 DOUG GIROD DIRECTOR 1.0 39.0 X 0 899419 172129 JEFF DEWITT DIRECTOR 1.0 39.0 X 0 361699 47145 MATTHIAS SALATHE DIRECTOR 1.0 39.0 X 0 448998 44016 STEVEN STITES DIRECTOR 1.0 39.0 X 0 121030 11400 PAUL TOLER CFO/TREASURER 1.0 39.0 X 0 271607 48412 ADRIENNE KORDALSKI FORMER DIRECTOR 0.0 40.0 X 0 270582 44962 DANNY WELCH FORMER DIRECTOR 0.0 40.0 X 0 253930 34021 HOLLY HULL FORMER DIRECTOR 0.0 40.0 X 0 163535 36607 LISA HOEBELHEINRICH FORMER DIRECTOR 0.0 39.0 X 0 230268 29917 ROBERT SIMARI FORMER DIRECTOR 0.0 40.0 X 0 862744 57102 STEVEN WEINMAN FORMER DIRECTOR 0.0 40.0 X 0 249714 44987 0 4650181 628959 0 true true false 0 0 PROPERTIES REVENUE 531310 28673 28673 0 0 0 0 28673 0 0 10 266305 0 -266295 -266295 -266295 0 0 0 0 0 -237622 28673 0 -266295 1099 20481 BUILDING MAINTENANCE 3437 0 25017 0 0 112733 0 0 0 0 0 10260 10260 266305 0 0 0 0 0 379038 0 177425 0 0 0 0 0 177425 0 X 201613 0 201613 0 379038 0 X -262639 61026 X false true true false 10260 10260 0 0 0 X 261007453 261245075 261245075 -237622 0 0 -237622 231086058 231061041 231061041 25017 0 0 25017 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FOLLOWING WORDING IS THE TEXT OF THE FOOTNOTE IN THE FINANCIAL STATEMENTS. THE FINANCIALS ARE CONSOLIDATED, RI IS UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE, INC. WHICH IS THE PARENT OF THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH PROPERTIES, INC. RI FOLLOWS ACCOUNTING REQUIREMENTS RELATED TO UNCERTAIN TAX POSITIONS. TAX POSITIONS TAKEN MAY INCLUDE POSITIONS THAT RI IS EXEMPT FROM INCOME TAXES OR HOW RI DETERMINES ITS UNRELATED BUSINESS INCOME. UNCERTAIN TAX POSITIONS ARE RECOGNIZED IF IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE TAX POSITION WILL BE REALIZED OR SUSTAINED UPON AN EXAMINATION BY THE RELEVANT TAX AUTHORITY. NO AMOUNTS HAVE BEEN RECORDED AT JUNE 30, 2025 AND 2024, WITH RESPECT TO UNCERTAIN TAX POSITIONS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 RELATED ENTITY REVENUE - XXX-XX-XXXX ELIMINATIONS - 466644 TRANSFER TO AFFILIATES - -3665 PROCEEDS FROM LAND SALE - -10 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 RELATED ENTITY EXPENSES - XXX-XX-XXXX ELIMINATIONS - 466644 PROCEEDS FROM LAND SALE - -10 false true false ROBERT SIMARI FORMER DIRECTOR 0 796355 0 0 0 66389 0 29325 0 27777 0 919846 0 0 DANNY WELCH FORMER DIRECTOR 0 204660 0 0 0 49270 0 21165 0 12856 0 287951 0 0 STEVEN WEINMAN FORMER DIRECTOR 0 249714 0 0 0 0 0 20815 0 24172 0 294701 0 0 ADRIENNE KORDALSKI FORMER DIRECTOR 0 269282 0 0 0 1300 0 22945 0 22017 0 315544 0 0 HOLLY HULL FORMER DIRECTOR 0 163535 0 0 0 0 0 13870 0 22737 0 200142 0 0 LISA HOEBELHEINRICH FORMER DIRECTOR 0 67831 0 0 0 162437 0 19492 0 10425 0 260185 0 0 DOUG GIROD DIRECTOR 0 639236 0 0 0 260183 0 41893 0 130236 0 1071548 0 0 MATTHIAS SALATHE DIRECTOR 0 430892 0 0 0 18106 0 29325 0 14691 0 493014 0 0 DAVID VRANICAR DIRECTOR 0 515355 0 0 0 1300 0 29325 0 28936 0 574916 0 0 JEFF DEWITT DIRECTOR 0 338285 0 0 0 23414 0 29325 0 17820 0 408844 0 0 PAUL TOLER CFO/TREASURER 0 271607 0 0 0 0 0 22800 0 25612 0 320019 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan DOUG GIROD PARTICIPATED IN A 457(F) NONQUALIFIED RETIREMENT PLAN. THERE WERE NO CONTRIBUTIONS TO THE PLAN DURING THE YEAR. Schedule J, Part II RELATED ORGANIZATION COMPENSATION ALL OFFICERS AND DIRECTORS COMPENSATION WAS PAID BY THE UNIVERSITY OF KANSAS MEDICAL CENTER, A RELATED ORGANIZATION. ACCOUNTS RECEIVABLE 2025-06-30 112483 NET BOOK VALUE 480547734 KANSAS UNIVERSITY ENDOWMENT ASSOC 1891 CONSTANT AVE LAWRENCE KS 66047 501(C)(3) LAND 2025-04-28 266305 NET BOOK VALUE 481124839 UNIVERSITY OF KANSAS 1450 JAYHAWK BLVD LAWRENCE KS 66045 501(C)(1) false false false false true true true true false Form 990, Part III, Line 3 Significant changes in program services University of Kansas Medical Center Research Properties is tax exempt under IRC Section 501(c)(2) as a title holding corporation. Effective June 30, 2025, the University of Kansas Medical Center Research Institute authorized the dissolution of Research Properties. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons ALL OF THE OFFICERS AND DIRECTORS - Business relationship Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE BOARD OF DIRECTORS OF THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE, INC. ELECTS THE BOARD OF DIRECTORS OF THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH PROPERTIES, INC. Form 990, Part VI, Line 11b Review of form 990 by governing body AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN PROVIDED TO THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE'S BOARD OF DIRECTORS FOR THEIR REVIEW. ANY QUESTIONS OR CONCERNS THE BOARD OF DIRECTORS MAY HAVE ARE ADDRESSED AND CORRECTIONS ARE MADE PRIOR TO FILING THE 990 WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy DISCLOSURE IS MADE ANNUALLY AT THE FIRST BOARD MEETING OF THE YEAR. THE BOARD SECRETARY REVIEWS DISCLOSURES FOR POTENTIAL CONFLICTS. THE SECRETARY WOULD DISCUSS ANY POTENTIAL CONFLICTS WITH THE EXECUTIVE DIRECTOR AND BOARD CHAIR. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances TRANSFERS TO AFFILIATES - -3665; TRANSFER UPON DISSOLUTION - 64691; Total - 61026; UNIVERSITY OF KS MEDICAL CTR RESEARCH IN 3901 RAINBOW BLVD KANSAS CITY KS 66160 481108830 SUPPORTS KS 501(c)(3) Type I KUMC true KU CENTER FOR TECH COMMERCIALIZATION INC 3901 RAINBOW BLVD KANSAS CITY KS 66160 262838693 PATENTS KS 501(c)(3) Type I KUMC RI true STUDENT UNION OF UNIV OF KS MED CTR 3901 RAINBOW BLVD KANSAS CITY KS 66160 480581966 RETAIL KS 501(c)(3) 10 UNIV OF KS true KU HEALTH PARTNERS INC 3901 RAINBOW BLVD KANSAS CITY KS 66160 481149398 HEALTH CARE KS 501(c)(3) 5 UNIV OF KS true UNIVERSITY OF KANSAS CENTER FOR RESEARCH 2385 IRVING HILL RD LAWRENCE KS 66045 480680117 ADMIN KS 501(c)(3) 10 UNIV OF KS true UNIVERSITY OF KANSAS MEMORIAL CORP 1301 JAYHAWK BLVD LAWRENCE KS 66045 486033927 RETAIL KS 501(c)(3) 5 UNIV OF KS true UNIVERSITY OF KANSAS MEDICAL CENTER 3901 RAINBOW BLVD KANSAS CITY KS 66160 481124839 MEDICAL CTR KS 501(c)(1) UNIV OF KS true UNIVERSITY OF KANSAS 1450 JAYHAWK BLVD LAWRENCE KS 66045 481124839 EDUCATION KS 501(c)(1) NA false KANSAS ATHLETICS INC 1651 NAISMITH DR LAWRENCE KS 66045 486033929 ATHLETICS KS 501(c)(3) 10 UNIV OF KS true KU CAMPUS DEVELPMENT CORP 1450 JAYHAWK BLVD LAWRENCE KS 66045 810754858 ADMIN KS 501(c)(1) UNIV OF KS true KANSAS LIFE SCIENCES DEVELOPMENT CO INC 4330 SHAWNEE MISSION PKWY FAIRWAY KS 66205 811725831 INVESTMENTS KS NA C Corporation false false false false false false false false false true false false false false true false false true true