Nonprofit · EIN 36-4516257
UNC MANAGEMENT COMPANY INC
Tax-exempt · CHAPEL HILL, NC 27517
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $29,498,370 | $30,736,082 | -$1,237,712 | $61,734,820 | $30,003,819 | $31,731,001 |
| June 30, 2024 | 990 | $25,001,125 | $29,438,159 | -$4,437,034 | $61,409,703 | $29,823,057 | $31,586,646 |
| June 30, 2023 | 990 | $23,645,862 | $23,496,289 | $149,573 | $57,069,634 | $25,336,914 | $31,732,720 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $26,614,579
- Investment income
- $2,883,791
- Net gain from sales of assets
- $2,700,493
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $10,447,178
- Other salaries and wages
- $10,432,098
- Salaries, compensation and benefits (total)
- $25,478,872
- Professional fundraising fees
- $0
- Legal fees
- $42,591
- Accounting fees
- $1,201,778
- Occupancy
- $849,767
- Travel
- $593,274
- Depreciation
- $144,937
- Program services (functional)
- $25,135,800
- Management and general (functional)
- $5,600,282
Balance sheet and other
- Total assets, start of year
- $61,409,703
- Total assets, end of year
- $61,734,820
- Total liabilities, end of year
- $30,003,819
- Net assets, end of year
- $31,731,001
- Land, buildings and equipment
- $552,955
- Net assets without donor restrictions
- $31,731,001
- Gross receipts
- $31,927,055
- Employees
- 40
- Volunteers
- 4
- Year formed
- 2002
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JONATHON C KING | PRESIDENT Trustee or director, Officer | 50 | $5,126,631 | $0 | $88,142 |
| EDWARD HETHERINGTON | SVP - PUBLIC INVESTMENTS Officer | 50 | $1,638,591 | $0 | $790,640 |
| JOSHUA SHAPIRO | VP - INV STRATEGY & RISK MANAGEMENT Officer | 50 | $2,051,349 | $0 | $101,734 |
| CHRIS BARTHOLOMEW | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $1,148,341 | $0 | $559,264 |
| MATTHEW LESESKY | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $1,132,466 | $0 | $545,842 |
| CHRIS RUDOLPH | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $1,124,903 | $0 | $546,269 |
| ANGELA MOSS | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $1,124,951 | $0 | $539,328 |
| RODGERS HARSHBARGER | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $1,130,363 | $0 | $533,867 |
| TIM BURCH | SENIOR VP & GENERAL COUNSEL Officer | 50 | $758,749 | $0 | $339,079 |
| CHRIS MATTKE | VP - INV OPS & FINANCE Officer | 50 | $710,499 | $0 | $321,294 |
| LEE H ROBERTS | DIRECTOR Trustee or director | 1 | $0 | $653,620 | $102,695 |
| NATHAN KNUFFMAN | DIRECTOR Trustee or director | 1 | $0 | $433,022 | $135,688 |
| KEVIN GUSKIEWICZ | FORMER DIRECTOR Former | 1 | $0 | $202,200 | $33,132 |
| MAX C CHAPMAN JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL D KENNEDY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID M CARROLL | DIRECTOR Trustee or director | 1 | $0 |
| JOHN P PREYER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JONATHON C KING | PRESIDENT Trustee or director, Officer | 50 | $2,686,348 | $0 | $1,032,964 |
| EDWARD HETHERINGTON | SVP - PUBLIC INVESTMENTS Officer | 50 | $1,202,439 | $0 | $463,975 |
| JOSHUA SHAPIRO | VP - INV STRATEGY & RISK M Officer | 50 | $1,169,777 | $0 | $454,134 |
| RODGERS HARSHBARGER | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $889,950 | $0 | $248,822 |
| CHRIS BARTHOLOMEW | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $880,981 | $0 | $247,777 |
| MATTHEW LESESKY | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $876,656 | $0 | $246,072 |
| ANGELA MOSS | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $871,380 | $0 | $243,478 |
| CHRIS RUDOLPH | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $868,330 | $0 | $246,456 |
| KEVIN TUNICK | VP - PRIVATE INVESTMENTS Former | 50 | $1,075,051 | $0 | $18,020 |
| KEVIN GUSKIEWICZ | DIRECTOR Trustee or director | 1 | $0 | $670,610 | $243,342 |
| TIM BURCH | VP - LEGAL & COMPLIANCE Officer | 50 | $634,160 | $0 | $260,453 |
| CHRIS MATTKE | VP - INV OPS & FINANCE Officer | 50 | $576,892 | $0 | $250,524 |
| NATHAN KNUFFMAN | DIRECTOR Trustee or director | 1 | $0 | $418,894 | $129,069 |
| MAX C CHAPMAN JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL D KENNEDY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN L TOWNSEND III | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LEE H ROBERTS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID M CARROLL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN P PREYER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JONATHON C KING | PRESIDENT Trustee or director, Officer | 50 | $2,581,911 | $0 | $992,519 |
| KEVIN TUNICK | VP - PRIVATE INVESTMENTS Officer | 50 | $1,232,064 | $0 | $467,928 |
| JOSHUA SHAPIRO | VP - INV STRATEGY & RISK M Officer | 50 | $1,146,940 | $0 | $451,363 |
| EDWARD HETHERINGTON | VP - PUBLIC INVESTMENTS Officer | 50 | $1,134,133 | $0 | $449,133 |
| RODGERS HARSHBARGER | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $787,979 | $0 | $331,629 |
| MATTHEW LESESKY | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $758,802 | $0 | $320,246 |
| CHRIS BARTHOLOMEW | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $759,021 | $0 | $319,856 |
| ANGELA MOSS | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $759,779 | $0 | $316,454 |
| CHRIS RUDOLPH | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 50 | $755,303 | $0 | $319,304 |
| KEVIN GUSKIEWICZ | DIRECTOR Trustee or director | 1 | $0 | $654,586 | $245,004 |
| TIM BURCH | VP - LEGAL & COMPLIANCE Officer | 50 | $585,480 | $0 | $242,369 |
| CHRIS MATTKE | VP - INV OPS & FINANCE Officer | 50 | $517,728 | $0 | $226,605 |
| NATHAN KNUFFMAN | DIRECTOR Trustee or director | 1 | $0 | $407,264 | $83,009 |
| MAX C CHAPMAN JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL D KENNEDY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN L TOWNSEND III | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID L BOLIEK JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID M CARROLL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1400 ENVIRON WAY, CHAPEL HILL, NC 27517-4433
- In care of
- % MARGARET HOLDER
- Principal officer (990 for 2024)
- TIMOTHY BURCH, 1400 ENVIRON WAY, CHAPEL HILL, NC 27517
- Signed the 990
- TIMOTHY BURCH, SENIOR VP AND GENERAL COUNSEL
- Phone
- (919) 442-1599
- Website
- WWW.UNCMC.UNC.EDU
- Return prepared by
- KPMG LLP
Mission
SEE SCHEDULE O
Program accomplishments
- SEE SCHEDULE OExpenses $25,135,800 · revenue $26,614,579
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 36-4516257
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $61,734,820
- Income (IRS master file)
- $31,927,055
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $29,498,370 | $30,736,082 | $61,734,820 | IRS |
| 990 | June 2024 | $25,001,125 | $29,438,159 | $61,409,703 | IRS |
| 990 | June 2023 | $23,645,862 | $23,496,289 | $57,069,634 | XML |
| 990 | June 2022 | $30,528,524 | $27,964,769 | $53,097,067 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-4516257).
Questions about UNC MANAGEMENT COMPANY INC
- What is the EIN of UNC MANAGEMENT COMPANY INC?
- The employer identification number (EIN) of UNC MANAGEMENT COMPANY INC is 36-4516257.
- Is UNC MANAGEMENT COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to UNC MANAGEMENT COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does UNC MANAGEMENT COMPANY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNC MANAGEMENT COMPANY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNC MANAGEMENT COMPANY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNC MANAGEMENT COMPANY INC?
- The 990 for the year ended June 30, 2025 names TIMOTHY BURCH.
- Who are the officers and directors of UNC MANAGEMENT COMPANY INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 10 received compensation from the organization, the highest $5,126,631 (JONATHON C KING, PRESIDENT).
- How much revenue does UNC MANAGEMENT COMPANY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $29,498,370, expenses of $30,736,082 and total assets of $61,734,820 at year end.
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