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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Umgc Ventures Inc.

Umgc Ventures Inc.

Fiscal year ending 2022. Filed on May 13, 2023.

7315 Wisconsin Ave Suite 400
Bethesda, Maryland 20814

Umgc Ventures Inc. (EIN: 81-2898004) has filed an IRS Form 990 between fiscal years 2017 and 2023. In its fiscal year 2022 IRS Form 990 filing, Umgc Ventures Inc., a 501(c)(3) charitable organization, reported compensation for 13 out of 205 total employees. Among the employees shown here, the average compensation is $236,414. The highest compensated employee at Umgc Ventures Inc. is Wendelin Colby with fiscal year 2022 compensation of $446,077.

Revenue, expenses, and employee compensation

Revenue

$43,421,101

Expenses

$39,820,634

Employee compensation

$23,713,824
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Wendelin Colby
Chief Executive Officer
$446,077
$402,192 No related comp$43,885
Nichole McDonald
Vice President, Human Resources
$302,790
$270,279 No related comp$32,511
John Shin
Vice President, Products and Software
$290,041
$250,506 No related comp$39,535
Anne Kottmeier
Chief Product Officer
$282,196
$252,147 No related comp$30,049
Fedor Vasquez
Vice President, Digital Product Design and T
$222,053
$185,533 No related comp$36,520
Christopher Tatem
Solution Design and Dev. Vice President
$220,315
$197,494 No related comp$22,821
Jocelyn Rojeck
Vice President, Learning Technology
$215,361
$187,266 No related comp$28,095
Tulio Lagos
AVP, Digital Product Mgmt and an
$214,570
$179,863 No related comp$34,707
Dolores Vaccaro
Finance Director
$205,033
$184,604 No related comp$20,429
Tracy Harris
Chief Financial Officer
$193,388
$182,202 No related comp$11,186
Daniel Parker
Senior Director
$193,199
$172,171 No related comp$21,028
Brent Inscoe
AVP, Strategic Communication
$188,355
$169,013 No related comp$19,342

Benchmark Employee Compensation

Non-Employee Board Members

William Zemp
Board Member
$45,000
$45,000 No related compNo other comp
Lawrence Leak
Board Member
$40,000
$40,000 No related compNo other comp
Lydia Waters Thomas
Board Member
$40,000
$40,000 No related compNo other comp
Cassie Strom
Board Member
$20,000
$20,000 No related compNo other comp
Joseph Sergi
Board Member
No compensation reported
Kristophyre McCall
Board Member
No compensation reported

Contractors

Stefanini Inc
Prof.
$2,010,665
Sansotti
Prof.
$1,352,577
Regent Education Inc
Prof.
$792,170
Escolarea LLC
Prof.
$605,220
3CLOUD LLC
Prof.
$603,123

Mission Statement

SEE SCHEDULE O

Revisions to this organization profile

May 14, 2024:
2023 Umgc Ventures Inc. 990 filed
May 13, 2023:
2022 Umgc Ventures Inc. 990 filed
May 9, 2022:
2021 Umgc Ventures Inc. 990 filed

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