2024-05-14T11:18:18-05:00 2023-06-30 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2022-07-01 273014805 THE MASSACHUSETTS GREEN HIGH PERFORMANCE COMPUTING CENTER INC MASS 4135524900 100 BIGELOW STREET HOLYOKE MA 01040 JOHN GOODHUE PRESIDENT & EXECUTIVE DIRECTOR 4135524900 2024-05-14 1 JOHN GOODHUE XXX-XX-XXXX 1 LAURA KIELCZEWSKI P00740769 6176481400 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN GOODHUE 100 BIGELOW STREET HOLYOKE MA 01040 11602438 0 X HTTP://WWW.MGHPCC.ORG/ X 2010 MA MAINTAIN A FACILITY WHICH WILL HOUSE A HIGH PERFORMANCE COMPUTER CENTER TO SUPPORT, ASSIST, ENHANCE, AND ADVANCE THE SCIENTIFIC RESEARCH ACTIVITIES OF ITS MEMBER UNIVERSITIES. 11 0 0 10 0 0 377882 976891 7240584 10623851 1666 1696 0 0 7620132 11602438 5000 5000 0 0 0 0 0 0 0 8668471 9285771 8673471 9290771 -1053339 2311667 17181959 18840511 3715036 3061921 13466923 15778590 TO OWN, MAINTAIN AND LEASE A FACILITY WHICH WILL HOUSE A HIGH PERFORMANCE COMPUTING CENTER TO SUPPORT, ASSIST, ENHANCE, AND ADVANCE THE SCIENTIFIC RESEARCH ACTIVITIES OF ITS MEMBER UNIVERSITIES. 0 0 9013166 5000 10623851 TO OWN, MAINTAIN, AND LEASE A FACILITY WHICH WILL HOUSE A HIGH PERFORMANCE COMPUTING CENTER TO SUPPORT, ASSIST, ENHANCE, AND ADVANCE THE SCIENTIFIC RESEARCH ACTIVITIES OF ITS MEMBER UNIVERSITIES. 9013166 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 21 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 0 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 0 0 MA X JOHN GOODHUE 4135524900 100 BIGELOW STREET HOLYOKE MA 01040 CARL RUST DIRECTOR 1.00 40.00 X 0 274566 73631 COLE CAMPLESE DIRECTOR 1.00 40.00 X 0 544784 60600 DAVID LUZZI DIRECTOR 1.00 40.00 X 0 687010 60828 FRANCIS DOYLE DIRECTOR 1.00 40.00 X 0 689173 69606 GLORIA WATERS DIRECTOR 1.00 55.00 X 0 499246 35729 JAMES KUROSE DIRECTOR AND CHAIR 1.00 40.00 X X 0 414790 82173 JOHN SHAW DIRECTOR 1.00 40.00 X 0 517148 68669 KATHERINE NEWMAN DIRECTOR (THROUGH 1/8/23) 1.00 40.00 X 0 494548 124583 MARIA ZUBER DIRECTOR 1.00 60.00 X 0 548182 37703 MARK SILIS DIRECTOR 1.00 40.00 X 0 431613 29146 MICHAEL MALONE DIRECTOR 1.00 40.00 X 0 388787 85939 ROBERT A BROWN DIRECTOR AND FORMER CHAIR 1.00 55.00 X 0 2075207 543610 CHRISTOPHER SIMMONS CLERK (FROM 8/20/22) 40.00 1.00 X 0 74787 6421 JOHN GOODHUE PRESIDENT & EXECUTIVE DIRECTOR 40.00 1.00 X 0 305730 37439 SUSAN SCANNELL CLERK (THROUGH 8/19/22) 40.00 1.00 X 0 102242 12629 THOMAS NEDELL TREASURER 1.00 40.00 X 0 929193 232000 BRENDAN JOHNSON SENIOR SYSTEMS ENGINEER 40.00 1.00 X 0 100500 1692 JAMES CULBERT DIRECTOR IT SERVICES 40.00 1.00 X 0 237316 70320 JULIE MA PROGRAM DIRECTOR 40.00 1.00 X 0 140211 18957 KEVIN HELM DIRECTOR FACILITY MANAGEMENT 40.00 1.00 X 0 140552 36568 CHRISTOPHER STUBBS FORMER DIRECTOR 1.00 40.00 X 0 496879 67051 0 10092464 1755294 0 1 1 0 UG2 LLC 2 COPLEY PL TOWER 2 SUITE 110 BOSTON MA 02116 CONSULTANT SERVICES 544931 SWEET & FIZZY LLC 226 SPRING STREET FLORENCE MA 01062 CONSULTANT SERVICES 388308 2 976391 500 976891 FEES & SERVICES 221000 7800886 7800886 CONSTRUCTION REVENUE 230000 2822965 2822965 10623851 1696 1696 11602438 10623851 0 1696 5000 5000 38476 38476 67100 67100 99973 99973 106092 106092 792074 792074 3237346 3237346 845307 845307 143495 120158 23337 REPAIRS & MAINTENANCE 1461681 1461681 REIMBURSED SALARIES 1236668 1157758 78910 SUBAWARDS & CONSULTANT 823227 823227 REIMBURSED BENEFITS 281375 263421 17954 152957 101129 51828 9290771 9013166 277605 0 2120413 2318491 1837657 1458809 395342 367567 24413875 12651947 9750328 11761928 3078219 2933716 17181959 18840511 1257566 1052840 1307470 509081 1150000 1500000 3715036 3061921 X 13443749 15766161 23174 12429 13466923 15778590 17181959 18840511 2311667 0 X 0 0 0 X X X 5 MASS INSTITUTE OF TECHNOLOGY 042103594 2 1 0 0 NORTHEASTERN UNIVERSITY 041679980 2 1 0 0 UNIVERSITY OF MASSACHUSETTS 043167352 6 1 0 0 BOSTON UNIVERSITY 042103547 2 1 0 0 PRESIDENT AND FELLOWS OF HARVARD COLLEGE 042103580 2 1 0 0 5 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART IV, SECTION A, LINE 2 UNIVERSITY OF MASSACHUSETTS IS A SUPPORTED ORGANIZATION THAT IS A STATE UNIVERSITY UNDER SECTION 115 AND THEREFORE IS NOT REQUIRED TO OBTAIN RECOGNITION OF PUBLIC CHARITY STATUS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4892159 4892159 12234966 5999185 6235781 47504 7917 39587 7239246 6644845 594401 11761928 DEFERRED RENT 2933716 2933716 WORKING CASH ADVANCES 1500000 1500000 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE A COMPANY TO EVALUATE ITS TAX POSITIONS AND RECOGNIZE A TAX LIABILITY OR ASSET FOR UNCERTAIN POSITIONS THAT "MORE LIKELY THAN NOT" WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS"). THE MGHPCC ENTITIES PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DETERMINED THAT THERE WAS NO UNRELATED BUSINESS INCOME, AND DO NOT HAVE ANY TAX LIABILITY RELATED TO UNCERTAIN TAX POSITIONS FOR FISCAL YEARS 2023 AND 2022. THE MGHPCC ENTITIES FILE TAX RETURNS WITH THE IRS AND OTHER TAX AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND HAVE NO TAX POSITIONS THAT MUST BE CONSIDERED FOR DISCLOSURE. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2020 REMAIN OPEN. 1 SCHOLARSHIPS 1 5000 PART I, LINE 2: THE SELECTION PROCESS IS HANDLED BY THE GUIDANCE OFFICE OF THE HOLYOKE PUBLIC SCHOOL SYSTEM, WHICH ASSURES CONFIDENTIALITY AND IMPARTIALITY. THE APPLICATION REQUIRES A WRITTEN ESSAY THAT IS EVALUATED BY THE SELECTION COMMITTEE, WHICH IS COMPRISED OF THE SUPERINTENDENT OF HPS, THE MAYOR OF HOLYOKE, AND THE MGHPCC'S EXECUTIVE DIRECTOR. X X X 0 1 0 0 0 0 0 0 0 ROBERT A BROWN DIRECTOR AND FORMER CHAIR 0 1327157 0 200000 0 548050 0 260556 0 283054 0 2618817 0 212500 THOMAS NEDELL TREASURER 0 759686 0 109420 0 60087 0 155500 0 76500 0 1161193 0 0 FRANCIS DOYLE DIRECTOR 0 483595 0 25000 0 180578 0 38400 0 31206 0 758779 0 0 DAVID LUZZI DIRECTOR 0 356829 0 75018 0 255163 0 30500 0 30328 0 747838 0 0 KATHERINE NEWMAN DIRECTOR (THROUGH 1/8/23) 0 361500 0 54225 0 78823 0 111634 0 12949 0 619131 0 0 COLE CAMPLESE DIRECTOR 0 487653 0 36657 0 20474 0 30500 0 30100 0 605384 0 0 MARIA ZUBER DIRECTOR 0 525932 0 0 0 22250 0 15250 0 22453 0 585885 0 0 JOHN SHAW DIRECTOR 0 449048 0 15000 0 53100 0 38400 0 30269 0 585817 0 0 CHRISTOPHER STUBBS FORMER DIRECTOR 0 379776 0 10000 0 107103 0 38400 0 28651 0 563930 0 0 GLORIA WATERS DIRECTOR 0 495100 0 0 0 4146 0 35306 0 423 0 534975 0 0 JAMES KUROSE DIRECTOR AND CHAIR 0 376122 0 5366 0 33302 0 73532 0 8641 0 496963 0 0 MICHAEL MALONE DIRECTOR 0 382238 0 6456 0 93 0 74727 0 11212 0 474726 0 0 MARK SILIS DIRECTOR 0 424186 0 0 0 7427 0 18300 0 10846 0 460759 0 0 CARL RUST DIRECTOR 0 262400 0 0 0 12166 0 73053 0 578 0 348197 0 0 JOHN GOODHUE PRESIDENT & EXECUTIVE DIRECTOR 0 305264 0 0 0 466 0 15250 0 22189 0 343169 0 0 JAMES CULBERT DIRECTOR IT SERVICES 0 237316 0 0 0 0 0 39460 0 30860 0 307636 0 0 KEVIN HELM DIRECTOR FACILITY MANAGEMENT 0 140552 0 0 0 0 0 14348 0 22220 0 177120 0 0 JULIE MA PROGRAM DIRECTOR 0 140211 0 0 0 0 0 0 0 18957 0 159168 0 0 PART I, LINE 3 THE ORGANIZATION RECEIVED PROPOSALS FROM THREE DIFFERENT SEARCH FIRMS AND AFTER CAREFUL REVIEW ENGAGED KORN FERRY INTERNATIONAL OF BOSTON TO CONDUCT A NATIONAL SEARCH FOR THIS POSITION. INCLUDED IN THEIR SERVICES WAS A SALARY REVIEW AND RECOMMENDATION FOR THIS POSITION. A TEAM INCLUDING REPRESENTATION FROM MIT, HARVARD, BU, UMASS, AND NORTHEASTERN WAS ASKED BY THE ADVISORY BOARD MEMBERS TO BE PART OF THE SEARCH COMMITTEE. THE SEARCH TEAM INCLUDED CIO'S FROM EACH OF THE UNIVERSITIES. THE COMPENSATION RANGE FOR THE POSITION WAS REVIEWED AND APPROVED BY THE HUMAN RESOURCES DEPARTMENTS OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY, USING COMPATIBILITY DATA, AND APPROVED AS A BUDGET LINE ITEM BY THE BOARD OF DIRECTORS. ALL COMPENSATION IS PAID BY RELATED ORGANIZATIONS. PART I, LINE 4B (1) UNDER A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN, ON JULY 31, 2022, PRESIDENT BROWN RECEIVED AN AMOUNT EQUAL TO 40% OF HIS BASE SALARY FOR THE PRECEDING 12-MONTH PERIOD. THIS AMOUNT WAS SUBJECT TO THE PERFORMANCE OF FUTURE SERVICES AND OTHER CONDITIONS AS WELL AS A SUBSTANTIAL RISK OF FORFEITURE UNTIL THAT DATE. UPON VESTING, SUPPLEMENTAL RETIREMENT PLAN COMPENSATION OF $512,550 WAS DISTRIBUTED TO PRESIDENT BROWN IN CALENDAR YEAR 2021 AND IS INCLUDED IN THE AMOUNT REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III) AS OTHER REPORTABLE COMPENSATION. THE PORTION OF THE AMOUNT DISTRIBUTED WHICH WAS PREVIOUSLY REPORTED AS RETIREMENT AND OTHER DEFERRED COMPENSATION ON SCHEDULE J, PART II, COLUMN (C) OF PRIOR FORMS 990 IS $212,500. THIS AMOUNT IS THEREFORE REPORTED ON THIS YEAR'S SCHEDULE J, PART II, COLUMN (F). UNDER THE SAME SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN, ON JULY 31, 2022, PRESIDENT BROWN WAS TO BECOME ENTITLED TO RECEIVE AN AMOUNT EQUAL TO 40% OF HIS BASE SALARY FOR THE PRECEDING 12-MONTH PERIOD ENDING ON JULY 31, 2023. PRESIDENT BROWN'S RIGHT TO SUCH PAYMENT WAS SUBJECT TO THE PERFORMANCE OF FUTURE SERVICES AND OTHER CONDITIONS AS WELL AS A SUBSTANTIAL RISK OF FORFEITURE UNTIL THAT DATE. ACCORDINGLY, SUPPLEMENTAL RETIREMENT PLAN COMPENSATION OF $225,250 WAS ACCRUED FOR PRESIDENT BROWN IN CALENDAR YEAR 2022 AND IS REPORTED ON SCHEDULE J, PART II, COLUMN (C) AS RETIREMENT AND OTHER DEFERRED COMPENSATION. (2) AMOUNTS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III) AS OTHER REPORTABLE COMPENSATION ALSO INCLUDE CONTRIBUTIONS MADE BY THE UNIVERSITY IN CALENDAR YEAR 2022 TO AN IRC SECTION 457(B) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TO PROVIDE FUTURE RETIREMENT BENEFITS TO PRESIDENT BROWN. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE FIVE MEMBERS: MASSACHUSETTS INSTITUTE OF TECHNOLOGY; NORTHEASTERN UNIVERSITY; TRUSTEES OF BOSTON UNIVERSITY; PRESIDENT AND FELLOWS OF HARVARD COLLEGE; AND THE UNIVERSITY OF MASSACHUSETTS (TOGETHER, THE "FOUNDING UNIVERSITIES AND EACH A "FOUNDING UNIVERSITY"). FORM 990, PART VI, SECTION A, LINE 7A ALL POWERS OF THE CORPORATION SHALL BE HELD BY THE BOARD OF DIRECTORS. ANY ACTION OR VOTE REQUIRED OR PERMITTED BY ANY LAW, RULE, OR REGULATION TO BE TAKEN BY MEMBERS SHALL BE TAKEN BY UNANIMOUS VOTE. EACH MEMBER SHALL BE A UNIVERSITY WITH A CAMPUS IN THE COMMONWEALTH OF MASSACHUSETTS AND BE DESCRIBED IN EITHER SECTIONS 501(C)(3) AND 509(A)(1) OR SECTION 170(C)(1) OF THE INTERNAL REVENUE CODE OF 1986, AS THE SAME MAY BE AMENDED FROM TIME TO TIME. THE BOARD SHALL BE COMPRISED OF TWO (2) REPRESENTATIVES FROM EACH OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 IS CIRCULATED TO THE AUDIT COMMITTEE PRIOR TO FILING FOR REVIEW AND COMMENT. THE AUDIT COMMITTEE IS COMPRISED OF ONE EMPLOYEE FROM EACH MEMBER INSTITUTION, APPOINTED BY THE EXECUTIVE COMMITTEE OF THE CORPORATION. THE COMPLETE FORM 990 IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CLERK OF THE CORPORATION OR THE EXECUTIVE DIRECTOR CIRCULATES THE FULL POLICY TO OFFICERS, DIRECTORS AND KEY EMPLOYEES ANNUALLY. THE POLICY REQUIRES THAT EACH SUCH OFFICER, DIRECTOR OR KEY EMPLOYEE ACKNOWLEDGE RECEIPT. THE CLERK MONITORS THE RETURN OF THE REQUIRED FORMS. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION RECEIVED PROPOSALS FROM THREE DIFFERENT SEARCH FIRMS AND AFTER CAREFUL REVIEW ENGAGED KORN FERRY INTERNATIONAL OF BOSTON TO CONDUCT A NATIONAL SEARCH FOR THIS POSITION. INCLUDED IN THEIR SERVICES WAS A SALARY REVIEW AND RECOMMENDATION FOR THIS POSITION. A TEAM INCLUDING REPRESENTATION FROM MIT, HARVARD, BU, UMASS AND NORTHEASTERN WAS ASKED BY THE ADVISORY BOARD MEMBERS TO BE PART OF THE SEARCH COMMITTEE. THE SEARCH TEAM INCLUDED CIO'S FROM EACH OF THE UNIVERSITIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE CLERK OF THE CORPORATION. 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