University Corporation For Advanced Internet Development
- Assets
- $98.9m
- Revenue
- $73.3m
- Investments
- $0.0
- Employees
- 124
- Location
- Ann Arbor, MI
- Founding
- 06/1998
- Data as of
- 12/2020
- EIN
- 52-2060187
Organization Overview
University Corporation For Advanced Internet Development, operating under the name Internet2, is located in Ann Arbor, MI. The organization was established in 1998. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. As of 12/2020, Internet2 employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Internet2 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Internet2 generated $73.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $66.6m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Internet2 has awarded 20 individual grants totaling $1,096,693. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
INTERNET2 IS AN EXCEPTIONAL COMMUNITY OF U.S. AND INTERNATIONAL LEADERS IN RESEARCH, ACADEMIA, INDUSTRY AND GOVERNMENT WHO CREATE AND COLLABORATE VIA INNOVATIVE TECHNOLOGIES. TOGETHER, WE ACCELERATE RESEARCH DISCOVERY, ADVANCE NATIONAL AND GLOBAL EDUCATION, AND IMPROVE THE DELIVERY OF PUBLIC SERVICES. OUR COMMUNITY TOUCHES NEARLY EVERY MAJOR INNOVATION THAT DEFINES OUR MODERN DIGITAL LIVES AND CONTINUES TO DEFINE "WHAT'S NEXT".
Describe the Organization's Program Activity:
Part 3 - Line 4a
NETWORK SERVICES IS AN ADVANCED BACKBONE NETWORK THAT CONNECTS REGIONAL NETWORK AGGREGATION POINTS TO SUPPORT THE WORK OF INTERNET2 UNIVERSITIES AS THEY DEVELOP ADVANCED INTERNET APPLICATIONS. THE INTERNET2 NETWORK IS THE NATION'S RESEARCH AND EDUCATION NETWORK AND PROVIDES STATE-OF-THE-ART SERVICES THAT RESEARCHERS USE TO ACCELERATE THE RATE OF THEIR SCIENTIFIC WORK AND DISCOVERY AND TO COLLABORATE WITH COLLEAGUES AND USE DIGITAL ASSETS AND TOOLS WORLDWIDE.
COMMUNITY ENGAGEMENT IS RESPONSIBLE FOR CREATING, SUSTAINING AND EXPANDING MEMBERSHIP AND PARTICIPATION IN INTERNET2 AND BUILDING EXCITEMENT AROUND INTERNET2 PROGRAMS AND SERVICES FOR THE GLOBAL COMMUNITY. MEMBERSHIP SERVICES ENGAGES DIRECTLY WITH THE INTERNET2 COMMUNITY IN MEANINGFUL WAYS THAT CULTIVATE STRONG RELATIONSHIPS AND ENABLE COMMUNITY MEMBERS TO REALIZE THEIR POTENTIAL THROUGH INTERNET2.
INTERNET2 PROVIDES THE COMMUNITY-BUILT AND COMMUNITY-DRIVEN TRUST AND IDENTITY INFRASTRUCTURE THAT SUPPORTS FACULTY AND STAFF, RESEARCHERS AND SCHOLARS, AND ACCESS TO SERVICES ACROSS THE U.S. AND GLOBALLY. THE IDENTITY AND ACCESS MANAGEMENT MODEL PROVIDES THE POLICY AND TECHNICAL BACKBONE FOR SECURE INTERACTIONS, AND ALLOWS SINGLE SIGN-ON CONVENIENCE FOR INDIVIDUALS. THE TRUST AND IDENTITY IN EDUCATION AND RESEARCH (TIER) PROGRAM IS A COMMUNITY-DRIVEN CONSISTENT APPROACH TO IDENTITY AND ACCESS MANAGEMENT. TIER AIMS TO SIMPLIFY CAMPUS PROCESSES AND ADVANCE INTER-INSTITUTIONAL COLLABORATION AND RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Pfeffer President & CEO | OfficerTrustee | 40 | $642,528 |
Kevin Morooney Vice President | Officer | 40 | $344,979 |
John Morabito Vice President & Secretary | Officer | 40 | $297,502 |
James Pflasterer Chief Financial Officer & Treasurer | Officer | 40 | $295,665 |
Ana Hunsinger Vice President | Officer | 40 | $280,203 |
Robert Vietzke Vice President | Officer | 40 | $276,205 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Oshrinium Llc Consulting Services | 12/30/20 | $313,585 |
Anyroam Llc It Consulting Services | 12/30/20 | $837,189 |
Pricewaterhousecoopers Llp Audit Services | 12/30/20 | $163,069 |
Arent Fox Llp Legal Services | 12/30/20 | $264,834 |
Patrick Schmitz Consulting Services | 12/30/20 | $139,375 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,097,915 |
| All other contributions, gifts, grants, and similar amounts not included above | $499,377 |
| Noncash contributions included in lines 1a–1f | $494,877 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,597,292 |
| Total Program Service Revenue | $70,830,560 |
| Investment income | $617,133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $183,000 |
| Net Gain/Loss on Asset Sales | -$4,525 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,253,125 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $311,280 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,137,082 |
| Compensation of current officers, directors, key employees. | $1,235,695 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,521,887 |
| Pension plan accruals and contributions | $1,405,725 |
| Other employee benefits | $1,930,722 |
| Payroll taxes | $1,000,919 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $332,331 |
| Fees for services: Accounting | $275,688 |
| Fees for services: Lobbying | $8,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $51,952 |
| Fees for services: Other | $4,124,932 |
| Advertising and promotion | $24,098 |
| Office expenses | $189,672 |
| Information technology | $1,164,303 |
| Royalties | $0 |
| Occupancy | $1,277,649 |
| Travel | $170,551 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $681,651 |
| Interest | $399,414 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,203,883 |
| Insurance | $300,781 |
| All other expenses | $432,598 |
| Total functional expenses | $66,579,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,099,024 |
| Pledges and grants receivable | $348,290 |
| Accounts receivable, net | $11,528,423 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,715,195 |
| Net Land, buildings, and equipment | $37,763,916 |
| Investments—publicly traded securities | $19,108,345 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,320,231 |
| Total assets | $98,883,424 |
| Accounts payable and accrued expenses | $15,902,697 |
| Grants payable | $0 |
| Deferred revenue | $25,879,062 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,329,459 |
| Total liabilities | $50,111,218 |
| Net assets without donor restrictions | $48,772,206 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $98,883,424 |
Grants Awarded
Over the last fiscal year, University Corporation For Advanced Internet Development has awarded $311,280 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Cambridge, MA PURPOSE: Pilot project using commercial cloud resources for innovation/ acceleration of science | $112,156 |
Albany, NY PURPOSE: Pilot project using commercial cloud resources for innovation/ acceleration of science | $106,060 |
West Lafayette, IN PURPOSE: Pilot project using commercial cloud resources for innovation/ acceleration of science | $26,390 |
THE BOARD OF REGENTS OF THE UNIVERSITY OF WISCONSIN SYSTEM PURPOSE: Pilot project using commercial cloud resources for innovation/ acceleration of science | $22,691 |
Ashburn, VA PURPOSE: Pilot project using commercial cloud resources for innovation/ acceleration of science | $18,371 |
THE TRUSTEES OF INDIANA UNIVERSITY PURPOSE: Update and adapt GENI infrastructure to support next generation research | $18,139 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that University Corporation For Advanced Internet Development has recieved totaling $5,755.
| Awarding Organization | Amount |
|---|---|
Simmons University Boston, MA PURPOSE: GENERAL | $5,755 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Corporation For Advanced Internet Development Ann Arbor, MI | $98,883,424 | $73,253,125 |
Wiscnet Madison, WI | $19,265,640 | $9,057,881 |
Open Information Security Foundation Inc Lafayette, IN | $1,345,059 | $1,521,763 |
Wisconsin Livestock Identification Consortium Inc Madison, WI | $152,013 | $431,499 |
International Association For Human Resource Information Management In Milwaukee, WI | $72,144 | $229,897 |
Ohio Health Information Management Association Gahanna, OH | $812,566 | $377,305 |
Michigan Healthcare Cybersecurity Council Inc Milford, MI | $142,282 | $0 |
Indiana Health Information Management Association Inc Indianapolis, IN | $298,184 | $0 |
Gull Lake Area Robotics Battle Creek, MI | $104,187 | $0 |
Society For Management Information Systems Avon, IN | $98,331 | $0 |
Society For Management Information Systems Lake Orion, MI | $122,492 | $0 |
Michigan Health Information Management Association Utica, MI | $169,142 | $0 |