The Governors of the University of Alberta
94% goes to programs $2 to raise $100 Strong reserves
The Governors of the University of Alberta is a 501(c)(3) organization, registered in 1953, with $1,508,273,000 in FY2024 revenue. CharityIndex grades it A+, and it directs about 94% of spending to programs.
Edmonton Ab T5j 4p6, Canada, 00000 EIN 98-6001254 Since 1953
Revenue (FY2024)
$1.5B
▲ 3.8% vs prior year
International median: $227K
Expenses (FY2024)
$1.5B
Net assets
$2.0B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating94% to programs · $2 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Governors of the University of Alberta: 94% to programs · $2 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Governors of the University of Alberta: 16 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Governors of the University of Alberta: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Governors of the University of Alberta: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
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.
What they do
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.
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.
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).
Contact & location
- Address
- Edmonton Ab T5j 4p6, Canada, 00000
- City
- —
- State
- —
- Subcategory
- International Development & Relief
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.3B (FY2020) to $1.5B (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.5BNet assets $2.0B
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.5B
Total liabilities
$2.5B
Net assets
$2.0B
Salaries & benefits
$848.6M
56% of expenses
Board members
27
20 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,508,273,000▲3.8% | $1,503,392,000▲3.8% | $1,990,796,000▼1.0% | $4,538,653,000▼3.2% | 990 |
| 2023 | $1,452,719,000▲1.2% | $1,447,895,000▲2.7% | $2,010,103,000▲4.1% | $4,690,379,000▲1.5% | 990 |
| 2022 | $1,435,973,000▼4.4% | $1,409,510,000▲0.8% | $1,930,614,000▼7.4% | $4,622,696,000▼4.9% | 990 |
| 2021 | $1,502,484,000▲13.7% | $1,398,560,000▲8.0% | $2,085,150,000▲6.4% | $4,860,894,000▲4.4% | 990 |
| 2020 | $1,321,712,000 | $1,294,965,000 | $1,959,754,000 | $4,656,087,000 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Andrew Sharman — $452,705 (0.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrew Sharman | Former Vice-president Facilities and Operations | 40 | $452,705 |
| Randall K Morck | Professor, Ab School of Business | 40 | $376,880 |
| Xin-min Li | Professor, Faculty of Medicine and Dentistry | 40 | $357,414 |
| Edy Lai-man Wong | Associate Dean, International, Ab School of Business | 40 | $350,316 |
| William Francis Flanagan | President and Vice-chancellor | 40 | $334,513 |
| Karim Jamal | Professor and Chair, Accounting and Business Analytics, Ab School of Business | 40 | $326,337 |
| Verna Yiu | Provost & Vp (academic) | 40 | $316,991 |
| Richard T Gilchrist | Vice President University Services, Operations & Finance | 40 | $312,919 |
| Marek Michalak | Professor, Faculty of Medicine & Dentistry | 40 | $297,194 |
| Michael Shane Maier | Associate Dean Mba, Ab School of Business | 40 | $290,759 |
| Steven K Dew | Former Provost | 40 | $284,911 |
| Elan Marie Macdonald | Vice President External Relations | 40 | $265,442 |
| Aminah Robinson | Vice-president Research and Innovation | 40 | $259,012 |
| Brenda Hemmelgarn | Dean of College of Health Sciences | 40 | $258,796 |
| Matina Kalcounis-rueppell | Dean of College of Natural and Applied Sciences | 40 | $258,753 |
| Paul William Major | Professor and Acfd Project Lead, Faculty of Medicine and Dentistry | 40 | $250,291 |
| A M James Shapiro | Professor, Faculty of Medicine & Dentistry | 40 | $244,922 |
| Kelly Dawn Spencer | Former Interim Vice-president Advancement | 40 | $215,668 |
| David Howard Turpin | Former President | 40 | $201,349 |
| Dennis Y Kunimoto | Former Dean. Faculty of Medicine and Dentistry | 40 | $158,406 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Delnor Construction Ltd | Construction | $19,572,000 |
| Clark Builders | Construction | $17,753,000 |
| Bee-clean Building Maintenance | Janitorial | $9,447,000 |
| Bird Construction Group Ltd | Construction | $9,028,000 |
| Carlson Construction Ltd | Construction | $7,732,000 |
Grants received · $30K total
3 grants to The Governors of the University of Alberta totaling $30K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Thrivent Charitable Impact & Investing | General support recommended by dr. ralph black | 2018 | $10,000 |
| Thrivent Charitable Impact & Investing | James jens black m.d. and ross truscott m.d. bursa | 2017 | $10,000 |
| Thrivent Charitable Impact & Investing | Ross trescott scholarship fund recommended by dr. | 2016 | $10,000 |
Frequently asked questions
- Is The Governors of the University of Alberta a legitimate nonprofit?
- Yes. The Governors of the University of Alberta is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 98-6001254.
- What is The Governors of the University of Alberta's EIN?
- The Governors of the University of Alberta's Employer Identification Number (EIN) is 98-6001254.
- How much revenue does The Governors of the University of Alberta report?
- The Governors of the University of Alberta reported $1,508,273,000 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Governors of the University of Alberta's spending goes to programs?
- The Governors of the University of Alberta spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Governors of the University of Alberta have?
- CharityIndex grades The Governors of the University of Alberta A+, based on program efficiency and fundraising cost.
- How much does The Governors of the University of Alberta's highest-paid employee make?
- The highest reported compensation on The Governors of the University of Alberta's latest Form 990 is $452,705, paid to Andrew Sharman (Former Vice-president Facilities and Operations).
Explore more
Data for The Governors of the University of Alberta (EIN 98-6001254) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.