Compensation 990

Cu Boulder Enterprise Corporation

Fiscal year ending 2024. Filed on November 17, 2025.

2480 Kittredge Loop Dr 963
Boulder, Colorado 80310

Cu Boulder Enterprise Corporation (EIN: 84-2143403), also known as Cubec, has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Cu Boulder Enterprise Corporation, a 501(c)(3) charitable organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $596,630. The highest compensated employee at Cu Boulder Enterprise Corporation is Justin Schwartz with fiscal year 2024 compensation of $1,204,305.

Revenue, expenses, and employee compensation

Revenue

$2,448,993

Expenses

$529,253

Employee compensation

$173,999
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

New in 2024
Justin Schwartz
Chair
$1,204,305
$0 from org$862,992 from related$341,313 other
＋45.1%vs 2023
Philip Distefano
Chair (Term END 8/24)
$838,253
$0 from org$600,683 from related$237,570 other
New in 2024
Keith Molenaar
Director
$668,502
$0 from org$479,041 from related$189,461 other
＋64.9%vs 2023
Massimo Ruzzene
Director
$636,627
$0 from org$456,200 from related$180,427 other
＋45.1%vs 2023
Pat O'Rourke
Director (Term END 12/24)
$610,092
$0 from org$437,185 from related$172,907 other
New in 2024
Todd Haggerty
Director
$549,967
$0 from org$394,100 from related$155,867 other
＋34.7%vs 2023
Derek Silva
Executive Director
$373,842
$77,276 from org$190,615 from related$105,951 other
New in 2024
Chris Wright
Secretary
$280,830
$19,350 from org$181,890 from related$79,590 other
＋52.6%vs 2023
Brian Danielson
Assistant Treasurer
$207,255
$28,059 from org$120,458 from related$58,738 other

Non-Employee Board Members

Ellen Balaguer
President
J Wayne Hutchens
Treasurer
Matt Girard
Director
R David Hoover
Director
Wendy Lea
Director

Mission Statement

SUPPORTING AND STRENGTHENING INSTRUCTIONAL, RESEARCH AND SERVICE PROGRAMS OF THE UNIVERSITY OF COLORADO AT BOULDER, INCLUDING ENTREPRENEURIAL PROGRAMS.

Revisions to this organization profile

November 17, 2025:
2024 Cu Boulder Enterprise Corporation 990 filed
November 11, 2024:
2023 Cu Boulder Enterprise Corporation 990 filed
November 15, 2023:
2022 Cu Boulder Enterprise Corporation 990 filed

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