UNIVERSITY ENTERPRISE LABORATORIES INC
1000 WESTGATE DRIVE SUITE 101, ST PAUL, MN 55114 www.uelmn.org

Total Revenue
$2,878,531
Total Expenses
$2,997,605
Net Assets
$5,594,699

Organizations Filed Purposes: THE MISSION OF THE UNIVERSITY ENTERPRISE LABORATORIES IS TO SUPPORT EARLY-STAGE LIFE SCIENCE AND COMPLEMENTARY TECHNOLOGY VENTURES BY PROVIDING PREMIER FACILITIES AND SERVICES IN AN ECOSYSTEM THAT ENABLES INNOVATION, GROWTH AND COMMERCIAL SUCCESS.

UEL IS ORGANIZED FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES. IT SERVES AS A LABORATORY-BASED INCUBATOR FOR EMERGING LIFE SCIENCE COMPANIES BY PROVIDING LABORATORY SPACE AND ACCESS TO EQUIPMENT, BUSINESS TRAINING, RESEARCH COLLABORATION WITH THE UNIVERSITY OF MINNESOTA FACULTY AND STUDENTS, FACULTY AND STUDENT RESEARCH SPACE, STUDENT WORK EXPERIENCE AND INTERNSHIP OPPORTUNITIES, AND TECHNOLOGY TRANSFER WITH THE UNIVERSITY. IT IS ORGANIZED AND WILL BE OPERATED TO PROMOTE, ENCOURAGE, AND AID SCIENTIFIC INVESTIGATION, RESEARCH, TECHNOLOGICAL ADVANCEMENT AND EDUCATIONAL OPPORTUNITIES; PROMOTE, ENCOURAGE, AND AID IN THE MUTUAL TRANSFER AND APPLICATION OF SCIENTIFIC INVESTIGATION & RESEARCH, TECHNOLOGICAL ADVANCEMENT, AND EDUCATIONAL OPPORTUNITIES PRODUCED BY EDUCATIONAL AND RESEARCH INSTITUTIONS, INDUSTRY, BUSINESS AND GOVERNMENT.

SERVES AS A LABORATORY-BASED INCUBATOR FOR EMERGING LIFE SCIENCE COMPANIES BY PROVIDING LABORATORY SPACE AND ACCESS TO EQUIPMENT, BUSINESS TRAINING, AND RESEARCH COLLABORATION WITH THE UNIVERSITY OF MINNESOTA FACULTY AND STUDENTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Dianne RuckerEXECUTIVE DIRECTOR40$68,750
Lynne OstermannEXECUTIVE DIRECTOR - OUTGOING20$0
Jay NovakDIRECTOR1$0
Shaye MandleDIRECTOR1$0
Ken LevittDIRECTOR1$0
Lisa Herron-OlsonDIRECTOR1$0
Sarah HarrisDIRECTOR1$0
Robert EldeDIRECTOR1$0
Maura DonovanDIRECTOR1$0
Jeff CosgroveDIRECTOR1$0
Bruce CorrieDIRECTOR1$0
Jon AndersonDIRECTOR1$0
Todd TaylorPAST CHAIR1$0
Brian MensinkTREASURUER1$0
Pete BirkelandSECRETARY1$0
Aron AndersonVICE CHAIR1$0
Steve MertensCHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201913119349302636_public.xml