LAB CENTRAL INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LAB CENTRAL INC (EIN 46-1031913)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-09
- IRS object ID
- 202343139349301209
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-09T07:50:28-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042689883 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOLF & COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 STATE STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461031913 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAB CENTRAL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LABC | BusinessNameControlTxt |
| Phone | 6178633650 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 MAIN STREET | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHANNES FRUEHAUF | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 6178633650 | PhoneNum |
| Signature | 2023-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHANNES | PersonFirstNm |
| Person Last | FRUEHAUF | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 000009958 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HARRY A KALAJIAN JR CPA | PreparerPersonNm |
| PTIN | P00464296 | PTIN |
| Phone | 6174399700 | PhoneNum |
| Preparation | 2023-11-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHANNES FRUEHAUF | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 MAIN STREET | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,629,616 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP://LABCENTRAL.ORG/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | LAB CENTRAL SUPPORTS CREATION OF INNOVATIVE STARTUP BIOTECHNOLOGY COMPANIES BY PROVIDING A WORLD-CLASS ENVIRONMENT FOR ENTREPRENEURS, AND A FULLY FUNCTIONAL LIFE SCIENCES LABORATORY WITHIN THE KENDALL SQUARE INNOVATION HUB. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 108 | TotalEmployeeCnt |
| Total Volunteers | 4 | TotalVolunteersCnt |
| Total Gross UBI | $1,219,856 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $1,118,968 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,081,659 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,222,655 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $15,565,479 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $16,282,014 | CYProgramServiceRevenueAmt |
| PY Investment Income | $44,818 | PYInvestmentIncomeAmt |
| CY Investment Income | $87,946 | CYInvestmentIncomeAmt |
| PY Other Revenue | $103,065 | PYOtherRevenueAmt |
| CY Other Revenue | $37,001 | CYOtherRevenueAmt |
| PY Total Revenue | $21,795,021 | PYTotalRevenueAmt |
| CY Total Revenue | $22,629,616 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $61,571 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,740,907 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $9,215,588 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,351,116 | PYOtherExpensesAmt |
| CY Other Expenses | $12,375,035 | CYOtherExpensesAmt |
| PY Total Expenses | $19,092,023 | PYTotalExpensesAmt |
| CY Total Expenses | $21,652,194 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,702,998 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $977,422 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $43,646,817 | TotalAssetsBOYAmt |
| Total Assets EOY | $112,390,390 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $20,867,704 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $88,243,847 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $22,779,113 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $24,146,543 | NetAssetsOrFundBalancesEOYAmt |
| Mission | LAB CENTRAL SUPPORTS CREATION OF INNOVATIVE STARTUP BIOTECHNOLOGY COMPANIES BY PROVIDING A WORLD-CLASS ENVIRONMENT FOR ENTREPRENEURS, AND A FULLY FUNCTIONAL LIFE SCIENCES LABORATORY WITHIN THE KENDALL SQUARE INNOVATION HUB. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $18,056,890 | ExpenseAmt |
| Grant | $61,571 | GrantAmt |
| Revenue | $15,099,159 | RevenueAmt |
| Desc | HELP CREATE THE NEXT GENERATION OF BIOTECH COMPANIES BY PROVIDING ENTREPRENEURS AND INNOVATIVE LIFE SCIENCES STARTUPS WITH THE SPACE AND RESOURCES NEEDED TO TEST OUT, CHALLENGE, AND NURTURE EARLY IDEAS. | Desc |
| Total Program Service Expenses | $18,056,890 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 38 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 108 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETER SHANLEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7814627076 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 MAIN STREET | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| PETER D PARKER | ||||||||
| SECRETARY/DIRECTOR | 3.00 | Yes (X) | Yes (X) | $1 | $0 | $0 | ||
| JOHANNES FRUEHAUF MD PHD | ||||||||
| PRESIDENT | 26.00 | Yes (X) | Yes (X) | $331,505 | $0 | $47,783 | ||
| JOHN HARTHORNE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN TREGAY PHD | ||||||||
| CHARIMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SUSAN WINDHAM-BANNISTER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $20,000 | $0 | $0 | |||
| JO VINEY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER SHANLEY | ||||||||
| CFO/TREASURER | 30.00 | Yes (X) | $269,119 | $0 | $43,641 | |||
| CELINA C CHANG | ||||||||
| VP, SCIENCE OPERATION & ST | 40.00 | $256,554 | $0 | $43,292 | Yes (X) | |||
| MARGARET E O'TOOLE | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | $350,544 | $0 | $34,510 | Yes (X) | |||
| KRISTA LICATA | ||||||||
| SR. DIRECTOR | 40.00 | $203,061 | $0 | $40,007 | Yes (X) | |||
| GRETCHEN COOK-ANDERSON | ||||||||
| EXECUTIVE DIRECTOR OF IGNITE | 40.00 | $254,901 | $0 | $15,145 | Yes (X) | |||
| MIKE LARHETTE | ||||||||
| CHIEF BUSINESS OFFICER | 36.00 | $316,746 | $0 | $46,882 | Yes (X) | |||
| ANNA WHITLOCK | ||||||||
| SR. DIR. PEOPLE STRATEGY & CULTURE | 40.00 | $205,164 | $0 | $24,370 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,207,595 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $295,630 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 20 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TURNER CONSTRUCTION COMPANY | |||||
| 2 SEAPORT LANE SUITE 200 | BOSTON | MA | 02210 | CONSTRUCTION | $7,400,334 |
| TRIUMVIRATE ENVIORNMENTAL | |||||
| 200 INNER BELT RD | SOMERVILLE | MA | 02143 | EHS SERVICES | $559,401 |
| UG2 | |||||
| 2 COPLEY PLACE TOWER 2 SUITE 110 | BOSTON | MA | 02116 | JANITORIAL SERVICES | $483,575 |
| EMCOR SERVICES NORTHEAST INC | |||||
| 55 GERBER RD EAST | SOUTH WINDSOR | CT | 06074 | HVAC | $141,167 |
| PERKINS & WILL | |||||
| 225 FRANKLIN ST SUITE 1100 | BOSTON | MA | 02110 | ARCHITECTURAL SERVICES | $138,250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $83,906 | GovernmentGrantsAmt |
| All Other Contributions | $6,138,749 | AllOtherContributionsAmt |
| Noncash Contributions | $1,317,345 | NoncashContributionsAmt |
| Total Contributions | $6,222,655 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INCUBATOR INCOME | 541380 | $13,897,538 | $13,897,538 | |
| MANAGEMENT FEE | 561000 | $1,219,856 | $1,219,856 | |
| HARVARD LIFE LAB SERVICES | 541380 | $1,164,620 | $1,164,620 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $16,282,014 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $87,946 | TotalRevenueColumnAmt |
| Exclusion | $87,946 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EVENT REVENUE | 900099 | $31,386 | $31,386 |
| CCRCT | 900099 | $4,910 | $4,910 |
| OTHER INCOME | 900099 | $705 | $705 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $37,001 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,629,616 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,099,159 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,219,856 | UnrelatedBusinessRevenueAmt |
| Exclusion | $87,946 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,571 | TotalAmt |
| Program Services | $61,571 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $877,180 | TotalAmt |
| Program Services | $616,488 | ProgramServicesAmt |
| Management And General | $260,692 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,607,726 | TotalAmt |
| Program Services | $3,941,145 | ProgramServicesAmt |
| Management And General | $1,666,581 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $398,999 | TotalAmt |
| Program Services | $326,046 | ProgramServicesAmt |
| Management And General | $72,953 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,711,217 | TotalAmt |
| Program Services | $1,398,339 | ProgramServicesAmt |
| Management And General | $312,878 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $620,466 | TotalAmt |
| Program Services | $506,703 | ProgramServicesAmt |
| Management And General | $113,763 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,539 | TotalAmt |
| Program Services | $31,162 | ProgramServicesAmt |
| Management And General | $17,377 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,525 | TotalAmt |
| Program Services | $41,425 | ProgramServicesAmt |
| Management And General | $23,100 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $472,050 | TotalAmt |
| Program Services | $303,057 | ProgramServicesAmt |
| Management And General | $168,993 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $437,703 | TotalAmt |
| Program Services | $279,075 | ProgramServicesAmt |
| Management And General | $158,628 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $494,857 | TotalAmt |
| Program Services | $494,907 | ProgramServicesAmt |
| Management And General | -$50 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $352,409 | TotalAmt |
| Program Services | $10,956 | ProgramServicesAmt |
| Management And General | $341,453 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,732,863 | TotalAmt |
| Program Services | $4,463,936 | ProgramServicesAmt |
| Management And General | $268,927 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,934 | TotalAmt |
| Program Services | $26,739 | ProgramServicesAmt |
| Management And General | -$1,805 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,003 | TotalAmt |
| Program Services | $154,427 | ProgramServicesAmt |
| Management And General | -$10,424 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,767,398 | TotalAmt |
| Program Services | $2,698,213 | ProgramServicesAmt |
| Management And General | $69,185 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,816 | TotalAmt |
| Program Services | $30,696 | ProgramServicesAmt |
| Management And General | $111,120 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| LAB SUPPLIES & CONSUMAB | $898,811 | $898,307 | $504 |
| REPAIRS & MAINTENANCE | $737,799 | $737,799 | |
| ENVIRONMENTAL SVCS & PE | $590,437 | $590,437 | |
| PROVISION FOR INCOME TA | $342,500 | $325,376 | $17,124 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,391 | TotalAmt |
| Program Services | $120,086 | ProgramServicesAmt |
| Management And General | $4,305 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,652,194 | TotalAmt |
| Program Services | $18,056,890 | ProgramServicesAmt |
| Management And General | $3,595,304 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,808,149 | BOYAmt |
| EOY | $18,486,924 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,245,382 | BOYAmt |
| EOY | $1,853,939 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $796,938 | BOYAmt |
| EOY | $1,444,990 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $26,114,916 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $13,868,263 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,301,198 | BOYAmt |
| EOY | $12,246,653 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,495,150 | BOYAmt |
| EOY | $78,357,884 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,646,817 | BOYAmt |
| EOY | $112,390,390 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,231,722 | BOYAmt |
| EOY | $1,473,372 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,830,791 | BOYAmt |
| EOY | $4,882,112 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,805,191 | BOYAmt |
| EOY | $81,888,363 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,867,704 | BOYAmt |
| EOY | $88,243,847 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,779,113 | BOYAmt |
| EOY | $24,146,543 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,779,113 | BOYAmt |
| EOY | $24,146,543 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,646,817 | BOYAmt |
| EOY | $112,390,390 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $977,422 | ReconcilationRevenueExpnssAmt |
| Donated Services And Use Fclts | $390,008 | DonatedServicesAndUseFcltsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,140,378 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,949,591 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,345,306 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,081,659 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,222,656 | CurrentTaxYearAmt |
| Total | $26,739,590 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,140,378 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,949,591 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,345,306 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,081,659 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,222,656 | CurrentTaxYearAmt |
| Total | $26,739,590 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,589,918 | SubstantialContributorsTotAmt |
| Public Support Total170 | $23,149,672 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $76,135 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $128,341 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $78,720 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $44,818 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $87,946 | CurrentTaxYearAmt |
| Total | $415,960 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,267,488 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,119,461 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $504,780 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $588,896 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,219,856 | CurrentTaxYearAmt |
| Total | $21,700,481 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $115,599 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $95,865 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $854,642 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $103,065 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $37,001 | CurrentTaxYearAmt |
| Total | $1,206,172 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $50,062,203 | TotalSupportAmt |
| Public Support CY170 | 0.46240 | PublicSupportCY170Pct |
| Public Support PY170 | 0.50520 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | EVENT REVENUE - 2018 AMOUNT: $ 115,599. 2019 AMOUNT: $ 95,865. 2020 AMOUNT: $ 17,152. 2021 AMOUNT: $ 15,582. 2022 AMOUNT: $ 31,386. OTHER REVENUE - 2020 AMOUNT: $ 727,730. 2022 AMOUNT: $ 705. CCRCT - 2020 AMOUNT: $ 109,760. 2021 AMOUNT: $ 87,483. 2022 AMOUNT: $ 4,910. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,811,520 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,276,166 | DepreciationAmt |
| Book Value | $9,535,354 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,338,206 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,910,996 | DepreciationAmt |
| Book Value | $2,427,210 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,965,190 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,681,101 | DepreciationAmt |
| Book Value | $284,089 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $12,246,653 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| SECURITY DEPOSIT | $864,182 |
| OTHER ASSETS | $120,000 |
| DUE FROM INTERCOMPANY | $8,032,917 |
| INVESTMENT IN SUBSIDIARY | $6,000,000 |
| RIGHT OF USE | $63,340,785 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $78,357,884 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| TENANT DEPOSITS | $1,328,476 |
| RECOVERABLE GRANT | $5,000,000 |
| TENANT DEPOSITS LAB SUPPLIES | $297,330 |
| LEASE LONG TERM | $72,507,503 |
| SHORT TERM LEASE | $2,755,054 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $81,888,363 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | LABCENTRAL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE HAVING RECEIVED FAVORABLE DETERMINATION OF ITS STATUS FROM THE IRS IN A LETTER DATED JUNE 26, 2014. MAINSTPBC IS REQUIRED TO FILE CORPORATE INCOME TAX RETURNS UNDER FEDERAL AND MASSACHUSETTS TAX LAW EVEN IF THERE IS NO ACTIVITY. MASSACHUSETTS ALSO REQUIRES ALL CORPORATIONS TO PAY A MINIMUM TAX IF ACTUAL TAX IS LOWER THAN THE MINIMUM. LAB CENTRAL RECEIVES MANAGEMENT FEES FROM MAINSTPBC IN AN AMOUNT IN EXCESS OF ALLOCATED EXPENSES. THIS REPRESENTS AN UNRELATED BUSINESS ACTIVITY AND REQUIRES LAB CENTRAL TO FILE FORM 990-T EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN. LAB CENTRAL HAS GENERATED NET TAXABLE INCOME AND HAS PROVIDED FOR FEDERAL AND STATE INCOME TAXES. FOR FEDERAL AND STATE INCOME TAXES, DEFERRED TAX ASSETS AND LIABILITIES ARE RECOGNIZED BASED UPON TEMPORARY DIFFERENCES BETWEEN THE FINANCIAL STATEMENT AND THE TAX BASIS OF ASSETS AND LIABILITIES. DEFERRED INCOME TAXES ARE BASED UPON PRESCRIBED RATES AND ENACTED LAWS APPLICABLE TO PERIODS IN WHICH DIFFERENCES ARE EXPECTED TO REVERSE. THE COMPANY FOLLOWS ACCOUNTING GUIDANCE REGARDING RECOGNITION, MEASUREMENT, PRESENTATION, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS. TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE COMPANY'S TAX RETURNS, INCLUDING THE POSITION THAT THE COMPANY QUALIFIES AS A TAX EXEMPT ENTITY, ARE REQUIRED TO BE EVALUATED TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE UPHELD UNDER REGULATORY REVIEW. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COMPANY, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|
| CELLENS INC | ||||||
| 700 MAIN ST NORTH | CAMBRIDGE | MA | 02139 | $15,000 | $0 | GRANT |
| QURCAN THERAPEUTICS | ||||||
| 700 MAIN ST NORTH | CAMBRIDGE | MA | 02139 | $15,000 | $0 | GRANT |
| SPHERIC BIO | ||||||
| 700 MAIN ST NORTH | CAMBRIDGE | MA | 02139 | $15,000 | $0 | GRANT |
| GUARDIAN BIO INC | ||||||
| 700 MAIN ST NORTH | CAMBRIDGE | MA | 02139 | $15,000 | $0 | GRANT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 4 | TotalOtherOrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARGARET E O'TOOLE | ||||||||||||||
| CHIEF OPERATING OFFICER | $350,544 | $0 | $0 | $0 | $0 | $0 | $20,881 | $0 | $13,629 | $0 | $385,054 | $0 | $0 | $0 |
| JOHANNES FRUEHAUF MD PHD | ||||||||||||||
| PRESIDENT | $331,505 | $0 | $0 | $0 | $0 | $0 | $19,755 | $0 | $28,028 | $0 | $379,288 | $0 | $0 | $0 |
| MIKE LARHETTE | ||||||||||||||
| CHIEF BUSINESS OFFICER | $316,746 | $0 | $0 | $0 | $0 | $0 | $18,859 | $0 | $28,023 | $0 | $363,628 | $0 | $0 | $0 |
| PETER SHANLEY | ||||||||||||||
| CFO/TREASURER | $269,119 | $0 | $0 | $0 | $0 | $0 | $15,995 | $0 | $27,646 | $0 | $312,760 | $0 | $0 | $0 |
| CELINA C CHANG | ||||||||||||||
| VP, SCIENCE OPERATION & ST | $256,554 | $0 | $0 | $0 | $0 | $0 | $15,371 | $0 | $27,921 | $0 | $299,846 | $0 | $0 | $0 |
| GRETCHEN COOK-ANDERSON | ||||||||||||||
| EXECUTIVE DIRECTOR OF IGNITE | $254,901 | $0 | $0 | $0 | $0 | $0 | $909 | $0 | $14,236 | $0 | $270,046 | $0 | $0 | $0 |
| KRISTA LICATA | ||||||||||||||
| SR. DIRECTOR | $203,061 | $0 | $0 | $0 | $0 | $0 | $12,042 | $0 | $27,965 | $0 | $243,068 | $0 | $0 | $0 |
| ANNA WHITLOCK | ||||||||||||||
| SR. DIR. PEOPLE STRATEGY & CULTURE | $205,164 | $0 | $0 | $0 | $0 | $0 | $12,305 | $0 | $12,065 | $0 | $229,534 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASPEN CONSULTING LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | LISA VELARDO, MANAGING DIRECTOR | RelationshipDescriptionTxt |
| Transaction | $4,000 | TransactionAmt |
| Transaction | LISA VELARDO, THE FORMER CFO/TREASURER OF LAB CENTRAL, INC. IS ALSO THE MANAGING DIRECTOR OF ASPEN CONSULTING, LLC WHICH PROVIDES FINANCIAL AND ACCOUNTING SERVICES TO LAB CENTRAL, INC. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | LAB EQUIPMENT | Desc |
| Contribution | 14 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,317,346 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THREE BOARD MEMBERS ARE PARTNERS OF BIOINNOVATION CAPITAL. |
| FORM 990, PART VI, SECTION B, LINE 11B | A FULL COPY OF FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | LAB CENTRAL, INC. HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES THE BOARD TO REVIEW ALL RELATED PARTY TRANSACTIONS TO ENSURE NO CONFLICTS EXIST. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE ORGANIZATION'S PRESIDENT, EXECUTIVE DIRECTORS AND OFFICERS. THE PROCESS INCLUDES USING VARIOUS SOURCES TO EVALUATE THE COMPENSATION FOR EACH INDIVIDUAL. THE ORGANIZATION ALSO COMPLETED AN INDEPENDENT COMPENSATION STUDY. THE BOARD MUST APPROVE THE WRITTEN AGREEMENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | LAB CENTRAL, INC.'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST TO THE GENERAL PUBLIC. |
| FORM 990, PART XII, LINE 2C: | THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR 2022. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAINSTPBC INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 MAIN ST | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | LAB SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAB CENTRAL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $23,411,502 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $176,002,195 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAINSTPBC INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | L | TransactionTypeTxt |
| Involved | $1,219,856 | InvolvedAmt |
| Method Of Amount Determination | MANAGEMENT FEES | MethodOfAmountDeterminationTxt |
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