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Organizations Science & Technology Research University Enterprise Laboratories Inc.

University Enterprise Laboratories Inc.

Fiscal year ending 2023. Filed on October 11, 2024.

1000 Westgate Drive Suite 101
ST Paul, Minnesota 55114

University Enterprise Laboratories Inc. (EIN: 41-2093194) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, University Enterprise Laboratories Inc., a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $33,943. The highest compensated employee at University Enterprise Laboratories Inc. is Mike Berthelsen with fiscal year 2023 compensation of $58,908.

Revenue, expenses, and employee compensation

Revenue

$4,130,870

Expenses

$4,111,798

Employee compensation

$69,412
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mike Berthelsen
Executive Director (Term. 05/2023)
$58,908
$58,908 No related compNo other comp
Brad Larmie
Executive Director
$8,977
$8,977 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Andy Lafrence
Chair
Barbara Nelson
Vice Chair
Denise Holloman
Secretary
Frank Jaskulke
Director
Jessica Moglika
Treasurer
Kathy Tune
Director
Kristin Guild
Director
Lisa Herron-Olson
Director
Michael Gietl
Treasurer
Pat Mascia
Director
Robert Elde
Director
Steve Kelley
Director

Contractors

Tapestry Management LLC
Management
$649,229
Clover Maintenance
Janitorial
$246,888

Mission Statement

SEE SCHEDULE O.UNIVERSITY ENTRPRISE LABORATORIES (UEL) IS ORGANIZED FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES. IT SERVES AS A LABORATORY-BASED INCUBATOR FOR EMERGING LIFE SCIENCE COMPANIES BY PROVIDING ACCESS TO WORLD-CLASS LABORATORY FACILITIES, SHARED EQUIPMENT, BUSINESS AND ENTREPRENEURSHIP TRAINING, A COMMUNITY OF STARTUPS, AND COLLABORATION WITH UNIVERSITY-BASED RESEARCHERS. IT ALSO SUPPORTS STUDENT WORK EXPERIENCE THROUGH INTERNSHIP OPPORTUNITIES, AND TECHNOLOGY TRANSFER WITH THE UNIVERSITY OF MINNESOTA. IT IS ORGANIZED AND WILL CONTINUE TOBE OPERATED TO PROMOTE, ENCOURAGE, AND AID SCIENTIFIC INVESTIGATION, RESEARCH, TECHNOLOGICAL ADVANCEMENT, EDUCATIONAL OPPORTUNITIES, AND ENTREPRENEURSHIP; PROMOTE, ENCOURAGE AND AID IN THE MUTUAL TRANSFER AND APPLICATION OF SCIENTIFIC INVESTIGATION AND RESEARCH, TECHNOLOGICALADVANCEMENT, AND EDUCATIONAL OPPORTUNITIES IN COLLABORATION WITH EDUCATIONAL AND RESEARCH INSTITUTIONS, INDUSTRY, BUSINESS, AND GOVERNMENT.

Revisions to this organization profile

November 17, 2025:
2024 University Enterprise Laboratories Inc. 990 filed
October 11, 2024:
2023 University Enterprise Laboratories Inc. 990 filed
November 13, 2023:
2022 University Enterprise Laboratories Inc. 990 filed

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