2024-07-22T15:03:53-05:00 2023-12-31 431305800 UHY ADVISORS MIDWEST INC 15 SUNNEN DRIVE SUITE 100 ST LOUIS MO 631433819 990 2023-01-01 300082817 CORTEX CORT 3145314500 4240 DUNCAN 200 ST LOUIS MO 63110 MICHAEL BOZOVICH ASSISTANT TREASURER & CFO 3145314500 2024-07-22 1 MICHAEL BOZOVICH 999009999 0 DENISE PISCIOTTA P00560435 3146151200 2024-07-22 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z SALVATORE J FIORELLO 4240 DUNCAN ST LOUIS MO 63110 17212351 0 X WWW.CORTEXSTL.ORG X 2002 MO FOUNDED IN 2002, CORTEX IS ST. LOUIS' THRIVING CENTER OF RESEARCH, TECHNOLOGY, AND ENTREPRENEURIAL EXCHANGE, SERVING AS AN INCLUSIVE ECONOMIC ENGINE FOR THE REGION. CORTEX IS THE MASTER DEVELOPER OF A 200-ACRE INNOVATION DISTRICT EXPERTLY DESIGNED TO TRANSLATE UNIVERSITY RESEARCH, FOSTER NEW SCIENTIFIC BREAKTHROUGHS AND NEW BUSINESSES, AND TRAIN ST. LOUISANS FOR NEW ECONOMY JOBS IN BIOSCIENCE, CYBERSECURITY, AND TECHNOLOGY, AS WELL AS ENTREPRENEURIAL ENDEAVORS. CORTEX CREATES EQUITABLE ECONOMIC IMPACTS BY LEVERAGING HIGH-QUALITY FACILITIES, DEVELOPING PROGRAMS THAT BUILD KNOWLEDGE AND NETWORKS, AND CONVENING STRATEGIC PARTNERSHIPS THAT ATTRACT AND SUPPORT EMERGING AND ESTABLISHED COMPANIES. 24 24 27 0 0 0 30846834 11847870 3443332 4311461 287491 791635 288581 261385 34866238 17212351 0 2273404 0 0 1656415 2209599 0 0 383492 6828526 5902551 8484941 10385554 26381297 6826797 94531680 84709427 35398898 18821318 59132782 65888109 X FOUNDED IN 2002, CORTEX MISSION IS THE CREATION OF THE MIDWEST'S PREMIER INNOVATION HUB OF BIOSCIENCE AND TECHNOLOGY RESEARCH, DEVELOPMENT AND COMMERCIALIZATION, SERVING AS THE ANCHOR OF ST. LOUIS' GROWING ECOSYSTEM FOR INNOVATIVE STARTUP PROGRAMS AND ESTABLISHED COMPANIES THROUGH URBAN REVITALIZATION. 0 0 8570714 2273404 4572846 IN ADDITION TO CORTEX'S ACQUISITION/DEVELOPMENT OF REAL ESTATE AND THE PROMOTION OF DEVELOPMENT ACTIVITIES OF THE CORTEX INNOVATION DISTRICT, CORTEX SERVES AS THE MANAGER OF ST. LOUIS LAND COMPANY, L.L.C. (SLLC) A MISSOURI LIMITED LIABILITY COMPANY, THAT SERVES AS A LAND HOLDING ENTITY IN THE REVITALIZATION OF AN APPROXIMATE 200 ACRE TRACT OF LAND IN MIDTOWN ST. LOUIS THAT WILL SERVE AS A CENTER OF RESEARCH, TECHNOLOGY AND ENTREPRENEURIAL EXCHANGE. CORTEX IS THE MANAGER OF SLLC AND INCURRED EXPENSES IN DEVELOPING AND MAINTAINING THE PROPERTIES. 8570714 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 16 0 27 1 0 0 0 0 0 0 0 0 0 0 X 24 24 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MIKE BOZOVICH 3145314500 4240 DUNCAN SUITE 200 ST LOUIS MO 63110 BOB CANNON DIRECTOR 1.00 X 0 0 0 JUNE FOWLER CHAIRMAN 2.00 X 0 0 0 RICH LIEKWEG DIRECTOR 1.00 X 0 0 0 ANDREW MARTIN DIRECTOR 1.00 X 0 0 0 AMY KWESKIN TREASURER 1.00 X X 0 0 0 KEN OLLIFF DIRECTOR 0.50 X 0 0 0 FRED PESTELLO VICE-CHAIRMAN 0.50 X 0 0 0 BARNALI GUPTA DIRECTOR 0.50 X 0 0 0 STEVEN BERBERICH DIRECTOR 0.50 X 0 0 0 KRISTIN SOBOLIK DIRECTOR 0.50 X 0 0 0 CHRIS SPILLING DIRECTOR 0.50 X 0 0 0 MARGARET BASIC DIRECTOR 0.50 X 0 0 0 ROBERT CARDILLO DIRECTOR 0.50 X 0 0 0 AARON BOBICK DIRECTOR 0.50 X 0 0 0 JAN HOLLOWAY DIRECTOR 1.00 X 0 0 0 DONN RUBIN SECRETARY 0.50 X 0 0 0 DEREK RAPP DIRECTOR 0.50 X 0 0 0 JUDY SINDECUSE DIRECTOR 0.50 X 0 0 0 SEAN WALSH DIRECTOR 0.50 X 0 0 0 PETER WYSE-JACKSON DIRECTOR 0.50 X 0 0 0 RODNEY CRIM DIRECTOR 0.50 X 0 0 0 MICHAEL BROWNING DIRECTOR 0.50 X 0 0 0 JARED BOYD DIRECTOR 0.50 X 0 0 0 NEAL RICHARDSON DIRECTOR 0.50 X 0 0 0 SAM FIORELLO PRESIDENT & CEO 40.00 X 456500 0 48155 MIKE BOZOVICH ASSISTANT TREASURER & CFO 40.00 X 271103 0 37605 MARGARET CRANE SENIOR VICE PRESIDENT 40.00 X 177819 0 26831 BRIAN RUSSELL VICE PRESIDENT 40.00 X 174125 0 28627 NATALIE SELF SENIOR VICE PRESIDENT 40.00 X 210977 0 34693 COLEEN AUTRY VICE PRESIDENT 40.00 X 115884 0 31345 LESLIE HEUSTED VICE PRESIDENT 40.00 X 124524 0 21118 GABRIELA RAMIREZ-ARELLANO VICE PRESIDENT 40.00 X 129542 0 26528 1660474 0 254902 8 1 1 0 HARAMBEE LLC 1142 HODIAMONT AVE ST LOUIS MO 63112 CONSTRUCTION 290609 JOINER SHEET METAL 205 MADISON ST HIGHLAND IL 62249 CONSTRUCTION 274139 HUSCH BLACKWELL 8001 FORSTH BLVD ST LOUIS MO 63105 ATTORNEY FEES 248237 ELEVATIQ 50 FOUNTAIN PLAZA BUFFALO NY 14202 IT CONSULTANTS 143560 4 10597669 983480 266721 11847870 GROSS RENTAL INCOME 531120 4311461 4311461 4311461 791635 791635 DEVELOPER FEES 541900 217788 217788 MANAGEMENT FEE-SLLC 541900 41042 41042 MISC. INCOME 541900 2555 2555 261385 17212351 4572846 0 791635 2224147 2224147 49257 49257 908496 754052 154444 830389 195634 408463 226292 137142 64425 51381 21336 333572 182310 114979 36283 135541 36053 99488 179731 96849 82882 85856 2000 83856 478319 379259 15860 83200 119577 114422 4792 363 103893 65177 34690 4026 111031 15613 86270 9148 1168804 1014386 152243 2175 14265 13060 536 669 603242 491469 111773 2067732 2066591 1141 141693 113143 28550 TAXES AND LICENSES 692867 692867 10385554 8570714 1431348 383492 1607256 102257 1814748 12003321 3335219 3020374 294542 794997 65876 462228 65915619 11316203 52724476 54599416 20266026 14423537 13726834 94531680 84709427 809034 2340371 61813 76529 24398819 6501254 10129232 9903164 35398898 18821318 X 59132782 65888109 59132782 65888109 94531680 84709427 X 6826797 -71470 X X 0 1 X 1 0 X 603176 451309 2580960 23120353 11847870 38603668 603176 451309 2580960 23120353 11847870 38603668 676846 37926822 8621 5561 6838 287491 791635 1100146 148600 76420 83835 288581 261385 858821 40562635 0.93500 0.94690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14028218 14028218 32025209 9365894 22659315 18037417 1745887 16291530 1699510 204422 1495088 125265 125265 54599416 DEFERRED RENT RECEIVABLE 1589878 INVESTMENT IN CORTEX WEST REDEVELOPMENT CORP 100 RESTRICTED FUNDS HELD IN ESCROW 287586 DUE FROM AFFILIATES 11150767 DEFERRED LEASE COSTS 654602 DEPOSITS 800 COMMONS LIGHTING ATTIC STOCK 43101 13726834 DUE TO AFFILIATES- NOTE PAYABLE- ST. LOUIS LAND COMPANY 9777299 SECURITY DEPOSITS 125865 9903164 X 19883348 429984 2241013 2670997 17212351 0 17212351 13585665 429984 2770126 3200110 10385555 0 10385555 PART X, LINE 2: CORTEX FOLLOWS THE PROVISIONS OF ASC 740-10-25, INCOME TAXES, REQUIRING DISCLOSURE OF UNCERTAIN TAX POSITIONS. THERE HAVE BEEN NO INTEREST OR PENALTIES RECOGNIZED NEITHER IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES NOR IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION RELATED TO UNCERTAIN TAX POSITIONS. IN ADDITION, NO TAX POSITIONS EXIST FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN THE NEXT 12 MONTHS. CORTEX EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES, REVIEW OF ITS REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM SUBSIDIARIES 1,502,367. IN KIND DONATION 738,646. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF SUBSIDIARIES 2,031,480. IMPUTED INTEREST EXPENSE 738,646. 1 PROPEL KITCHENS 6746 PAGE AVE ST LOUIS MO 63133 861205336 501(C)(3) 150000 0 GENERAL GLOBAL INSTITUTE ON INNOVATION DISTRICTS 80 BROADSTREET SUITE 303 NEW YORK NY 10004 841811424 501(C)(3) 16667 0 GENERAL PARK CENTRAL DEVELOPMENT 4512 MANCHESTER SUITE 100 ST LOUIS MO 63110 371427044 501(C)(3) 7000 0 GENERAL INTERNATIONAL INSTITUTE OF ST LOUIS 3401 ARSENAL ST ST LOUIS MO 63118 430652640 501(C)(3) 8000 0 GENERAL MISSOURI BOTANICAL GARDENS 4344 SHAW BLVD ST LOUIS MO 63110 430666759 501(C)(3) 6300 0 GENERAL PER SCHOLAS 20 S SARAH ST ST LOUIS MO 63108 043252955 501(C)(3) 1206735 0 GENERAL CYBERUP 4220 DUNCAN ST LOUIS MO 63110 475483718 501(C)(3) 150000 0 GENERAL LAUNCHCODE 4811 DELMAR BLVD ST LOUIS MO 63108 471718432 501(C)(3) 475000 0 GENERAL TECH STL 911 WASHINGTON AVE ST LOUIS MO 63101 612026563 501(C)(3) 37500 0 GENERAL NPOWER 3140 CASS AVE ST LOUIS MO 63106 134145441 501(C)(3) 110290 0 GENERAL 17 TAILORED FINANCIAL GRANTS TO ASSIST EARLY STAGE ENTREPRENEURS WITH IDENTIFIED BUSINESS NEEDS. LIMITED TO $2,500 PER INDIVIDUAL 45 49257 PART I, LINE 2: PART II - GRANT SUBAWARDS ARE BASED ON CONTRACTUAL ARRANGEMENTS ENTERED INTO BETWEEN CORTEX AND THE VARIOUS GRANTEES. SPECIFIC REPORTING OF PROGRAM METRICS AND SUBSTANTIATION OF FINANCIAL AMOUNTS ARE REQUIRED IN ALL CASES. PART III - INDIVIDUALS ARE REQUIRED TO APPLY FOR THE GRANTS BASED ON SPECIFIC IDENTIFIED BUSINESS AND FINANCIAL NEED. GRANTS ARE AWARDED USING CONSISTENT SELECTION CRITERIA AND ARE PROVIDED BY PAYING THE IDENTIFIED VENDOR THAT WILL PROVIDE THE NEEDED PRODUCT OR SERVICE. X X 0 0 0 0 0 0 0 0 0 SAM FIORELLO PRESIDENT & CEO 415000 0 41500 0 0 0 33000 0 15155 0 504655 0 0 0 MIKE BOZOVICH ASSISTANT TREASURER & CFO 235441 0 35662 0 0 0 27110 0 10495 0 308708 0 0 0 NATALIE SELF SENIOR VICE PRESIDENT 183414 0 27563 0 0 0 21098 0 13595 0 245670 0 0 0 MARGARET CRANE SENIOR VICE PRESIDENT 158019 0 19800 0 0 0 17782 0 9049 0 204650 0 0 0 BRIAN RUSSELL VICE PRESIDENT 162714 0 11411 0 0 0 17412 0 11215 0 202752 0 0 0 GABRIELA RAMIREZ-ARELLANO VICE PRESIDENT 121053 0 8489 0 0 0 12654 0 13874 0 156070 0 0 0 ST LOUIS LAND COMPANY LLC COMMON BOARD MEMBERS GENERAL X 9777299 9777299 0 1 1 9777299 SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 CORTEX HAS FOUR PERMANENT MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOUR PERMANENT MEMBERS ELECT EIGHT DIRECTORS (TWO EACH) AND THE BOARD ELECTS UP TO EIGHT DIRECTORS AND UP TO FIVE EX-OFFICIO DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS AND DIRECTORS OVERSEE THE ACTIONS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS GIVEN TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW AND MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BASED UPON ANSWERS TO THE CONFLICT OF INTEREST QUESTIONAIRE DISCUSSION IS HELD AMONG THE BOARD MEMBERS AS TO ANY ACTION NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIR AND VICE-CHAIR OF CORTEX REVIEW AND APPROVE THE COMPENSATION OF THE CEO. THE BOARD APPROVE AS PART OF THE OVERALL OPERATING BUDGET FORM 990, PART VI, SECTION C, LINE 19 ANY DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICES. FORM 990, PART XI, LINE 9: RENT RECLASSIFICATION -71,470. FORM 990, PART XIII, LINE 2C: NO CHANGE FROM PRIOR YEAR. ST LOUIS INNOVATION DISTRICT 4240 DUNCAN SUITE 200 ST LOUIS MO 63110 REAL ESTATE DEVELOPMENT MO 191793 CORTEX 4260 FOREST PARK LLC 4240 DUNCAN SUITE 200 ST LOUIS MO 63110 REAL ESTATE DEVELOPMENT MO 5477341 20519239 CORTEX CORTEX TDG 1 LLC 4240 DUNCAN SUITE 200 ST LOUIS MO 63110 OWN AND OPERATE PUBLIC PARKING GARAGE FACILITY MO 191724 13500571 CORTEX 4232 FOREST PARK LLC 4240 DUNCAN SUITE 200 ST LOUIS MO 63110 REAL ESTATE DEVELOPMENT MO -2498 3052745 CORTEX CORTEX SUPPORT CORPORATION 4240 DUNCAN SUITE 200 ST LOUIS MO 63110 812147807 SUPPORTING ORGANIZATION MO 501(C)(3) LINE 7 CORTEX 0 CORTEX WEST REDVELOPMENT CORP 4240 DUNCAN SUITE 200 ST LOUIS MO 63110 201366201 REAL ESTATE DEVELOPMENT MO CORTEX C -115129 9727453 1.00000 0 CORTEX WEST MANAGEMENT CORP 4240 DUNCAN SUITE 200 ST LOUIS MO 63110 262230724 MANAGEMENT MO CORTEX C -342614 747976 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 CORTEX WEST REDEVELOPMENT CORP Q 895575 REIMBURSEMENT FOR SALARIES & BENE CORTEX SUPPORT CORPORATION S 5348519 FMV LIQUIDATION OF ASSETS