University of B C Staff Pension Plan
501(c)(3)
78% goes to programs Strong reserves Declining revenue
University of B C Staff Pension Plan is a 501(c)(3) organization, with $274,765,120 in FY2024 revenue. CharityIndex grades it B+, and it directs about 78% of spending to programs.
Vancouver Bc V6t 1z3, Canada, 00000 EIN 98-0058511
Revenue (FY2024)
$274.8M
▲ 31.1% vs prior year
Expenses (FY2024)
$94.6M
Net assets
$2.9B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating78% to programs
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 University of B C Staff Pension Plan: 78% to programs earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating370 mo reserves · +66% 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 University of B C Staff Pension Plan: 370 mo reserves · +66% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 University of B C Staff Pension Plan: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 University of B C Staff Pension Plan: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The ubc staff pension plan (spp) is a target benefit plan. it provides member with pensions and other plan obligations such as pre-retirement, death benefits and termination benefits.
Contact & location
- Address
- Vancouver Bc V6t 1z3, Canada, 00000
- City
- —
- State
- —
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $209.1M (FY2020) to $274.8M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.3MNet assets $2.9B
Operating margin
65.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.9B
Total liabilities
$4.3M
Net assets
$2.9B
Salaries & benefits
$1.5M
2% of expenses
Board members
8
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $274,765,120▲31.1% | $94,601,413▲10.4% | $2,919,444,928▲26.4% | $2,923,771,146▲26.5% | 990 |
| 2023 | $209,560,478▼4.9% | $85,704,840▲7.7% | $2,309,387,306▼1.6% | $2,312,188,216▼1.7% | 990 |
| 2022 | $220,351,811▼45.8% | $79,550,235▲13.9% | $2,346,205,920▼2.9% | $2,351,290,352▼2.9% | 990 |
| 2021 | $406,852,884▲94.6% | $69,832,917▲11.2% | $2,416,522,063▲12.0% | $2,420,372,547▲12.1% | 990 |
| 2020 | $209,099,703 | $62,784,470 | $2,156,963,680 | $2,159,633,051 | 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: Derrick Johnstone — $144,600 (0.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Derrick Johnstone | Executive Director, Pensions | 35 | $144,600 |
| Graham Mcintosh | Board Member | 1 | — |
| John Metras | Board Member | 1 | — |
| Kamila Giesbrecht | Board Member | 1 | — |
| Michael Guimond | Board Member | 1 | — |
| Natasha Malloff | Board Member | 1 | — |
| Naveen Kapahi | Independent Chair of the Board | 1 | — |
| Shannon Dunn | Board Member | 1 | — |
| Teresa Tsang | Board Member | 1 | — |
| Yale Loh | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Arrowstreet | Investment Manager | $3,108,294 |
| Ubcim | Investment Manager | $2,487,916 |
| Brookfield Asset Management Inc | Investment Manager | $1,647,229 |
| Stepstone Private Equity Sma | Investment Manager | $1,258,535 |
| Pag Real Estate | Investment Manager | $1,136,313 |
Frequently asked questions
- Is University of B C Staff Pension Plan a legitimate nonprofit?
- Yes. University of B C Staff Pension Plan is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 98-0058511.
- What is University of B C Staff Pension Plan's EIN?
- University of B C Staff Pension Plan's Employer Identification Number (EIN) is 98-0058511.
- How much revenue does University of B C Staff Pension Plan report?
- University of B C Staff Pension Plan reported $274,765,120 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of University of B C Staff Pension Plan's spending goes to programs?
- University of B C Staff Pension Plan spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University of B C Staff Pension Plan have?
- CharityIndex grades University of B C Staff Pension Plan B+, based on program efficiency and fundraising cost.
- How much does University of B C Staff Pension Plan's highest-paid employee make?
- The highest reported compensation on University of B C Staff Pension Plan's latest Form 990 is $144,600, paid to Derrick Johnstone (Executive Director, Pensions).
Explore more
Data for University of B C Staff Pension Plan (EIN 98-0058511) 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.