2022-05-02T15:04:44-05:00 2021-12-31 452394119 Ingrid Edwards CPA PC 8500 N Mopac Suite 605 Austin TX 78759 990 2021-01-01 300200691 LEARN LONESTAR EDUCATION AND RESEARCH NETWORK C/O AKBAR KARA LEAR 8067437878 PO BOX 16920 LUBBOCK TX 79490 AKBAR KARA PRESIDENT AND CEO 5124758754 2022-04-22 AKBAR KARA 999009999 INGRID EDWARDS CPA P01355568 5125820118 X 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z AKBAR KARA PO BOX 16920 LUBBOCK TX 79490 8469875 0 X WWW.TX-LEARN.NET X 2005 TX COLLABORATION OF TEXAS EDUCATION INSTITUTIONS THAT SUPPORT THEIR RESEARCH, EDUCATION, HEALTH CARE AND PUBLIC SERVICE MISSION THROUGH THE INNOVATIVE DEVELOPMENT, OPERATION AND UTILIZATION OF ADVANCED STATEWIDE NETWORKING. 42 42 21 0 0 0 177180 321361 5989309 5862396 195163 219668 943091 872025 7304743 7275450 0 0 0 0 723638 730218 0 0 0 6313004 6830128 7036642 7560346 268101 -284896 26126066 26698796 570989 1428615 25555077 25270181 X NON-PROFIT COLLABORATION OF TEXAS HIGHER EDUCATION INSTITUTIONS THAT SUPPORTS THEIR RESEARCH, EDUCATION, HEALTH CARE, AND PUBLIC SERVICE MISSIONS THROUGH THE INNOVATIVE DEVELOPMENT,OPERATION AND UTILIZATION OF ADVANCED STATEWIDE NETWORKING, ACCESS TO GLOBAL RESOURCES,AND RELATED SERVICES. 0 0 6337129 6954089 THE CREATION AND DEVELOPMENT OF INFRASTRUCTURE FOR SUPPORTING THE DEVELOPMENT OF A STATEWIDE FIBER OPTIC NETWORK. 6337129 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 21 1 0 0 0 0 0 0 0 0 0 0 X 42 42 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LEARN 8067437878 3726 20TH STREET LUBBOCK TX 79410 TONY MOORE DIRECTOR 0.00 X 0 0 0 DAN SCHMIEDT DIRECTOR 0.00 X 0 0 0 BRYAN LUCAS DIRECTOR 0.00 X 0 0 0 FRANK FEAGANS DIRECTOR 0.00 X 0 0 0 DAVID STEPHENS DIRECTOR 0.00 X 0 0 0 VACANT DIRECTOR 0.00 X 0 0 0 KAY RHODES DIRECTOR 0.00 X 0 0 0 BOB HARTLAND DIRECTOR 0.00 X X 0 0 0 SAM SEGRAN DIRECTOR 0.00 X 0 0 0 WILLIAM GREEN DIRECTOR 0.00 X 0 0 0 JAMES V HOWELL DIRECTOR 0.00 X 0 0 0 JIM BRADLEY DIRECTOR 0.00 X X 0 0 0 ED EVANS DIRECTOR 0.00 X X 0 0 0 DEREK DRAWHORN DIRECTOR 0.00 X 0 0 0 JOSH SPENCER DIRECTOR 0.00 X 0 0 0 JEFF NEYLAND DIRECTOR 0.00 X 0 0 0 VACANT DIRECTOR 0.00 X 0 0 0 LUIS HERNANDEZ DIRECTOR 0.00 X 0 0 0 GEORGE GADDIE DIRECTOR 0.00 X 0 0 0 MARK STONE DIRECTOR 0.00 X X 0 0 0 ANTHONY ESPINOZA DIRECTOR 0.00 X 0 0 0 KENDRA KETCHUM DIRECTOR 0.00 X 0 0 0 JEFFREY GRAHAM DIRECTOR 0.00 X 0 0 0 PATRICK STEWART DIRECTOR 0.00 X 0 0 0 VINCE FELL DIRECTOR 0.00 X 0 0 0 YEMAN COLLIER DIRECTOR 0.00 X 0 0 0 DENNIS FOUTY DIRECTOR 0.00 X 0 0 0 DOUGLAS FOX DIRECTOR 0.00 X X 0 0 0 VACANT DIRECTOR 0.00 X 0 0 0 CHRIS MCCOY DIRECTOR 0.00 X 0 0 0 MICHAEL HITES DIRECTOR 0.00 X X 0 0 0 BRYAN ROESSLET DIRECTOR 0.00 X 0 0 0 KENNETH PIERCE DIRECTOR 0.00 X 0 0 0 MARC COUGLE DIRECTOR 0.00 X 0 0 0 JERRY RODRIGUEZ DIRECTOR 0.00 X 0 0 0 VACANT DIRECTOR 0.00 X 0 0 0 JOHN YODER DIRECTOR 0.00 X 0 0 0 MICHEAL WELCH DIRECTOR 0.00 X 0 0 0 BEN LIM DIRECTOR 0.00 X 0 0 0 TREVOR JONES DIRECTOR 0.00 X 0 0 0 ANN KEANE DIRECTOR 0.00 X 0 0 0 BOB PACHECO DIRECTOR 0.00 X 0 0 0 AKBAR KARA PRESIDENT AND CEO 40.00 X 248204 0 26000 TODD HORKMAN CTO 40.00 X 159360 0 25980 407564 0 51980 2 0 1 0 0 321361 321361 NETWORK SERVICES 611710 5862396 5862396 5862396 208491 208491 1205602 1193301 1124 12301 -1124 11177 11177 MEMBERSHIP DUES 611710 761000 761000 OTHER INCOME 611710 111025 111025 872025 7275450 6954089 0 0 696518 360700 335818 33700 17358 16342 1441556 952983 488573 2500 2500 31192 31192 33055 33055 65259 65259 3177 3177 36467 12601 23866 55587 1080 54507 24951 24951 106171 48856 57315 1535482 1534327 1155 52409 52409 NETWORK SERVICES 2433241 2433241 MAINTENANCE 968202 968202 MEMBERSHIP DUES 24655 24655 STAFF DEVELOPMENT 9137 7781 1356 7087 7087 7560346 6337129 1223217 0 7459346 4748806 48364 218043 630665 572268 8630030 6871124 2220977 1758906 13758373 18000842 2006441 1390786 1900 9145 26126066 26698796 121437 133070 380975 1232152 68577 63393 570989 1428615 X 25555077 25270181 25555077 25270181 26126066 26698796 -284896 0 X 0 0 0 X 790000 800000 800000 977180 1082361 4449541 790000 800000 800000 977180 1082361 4449541 0 0 0 4449541 105381 282011 296199 195163 219668 1098422 105381 282011 296199 195163 219668 1098422 4823 100100 111300 143091 111025 470339 900204 1182111 1207499 1315434 1413054 6018302 0.73930 0.75670 0.18250 0.17630 X 8630030 6871124 1758906 1758906 FIXED INCOME BONDS 13048842 C CERTIFICATES OF DEPOSIT 4952000 C 18000842 CAPITAL LEASE PAYABLE 33825 ACCRUED VACATION PAY 29444 CREDIT CARD PAYABLE 124 63393 7300096 24646 24646 7275450 0 7275450 7584991 0 7584991 -24645 -24645 7560346 Part XI, Line 2d - Other Adjustments: ACCRUED INTEREST PAID 17687. EXPENSE REIMBURSEMENTS 6959. Part XII, Line 4b - Other Adjustments: REIMBURSEMENTS NETTED AGAINST EXPENSES -6959. ACCRUED INTEREST PAID NETTED AGAINST INVESTMENT INCOME -17687. ROUNDING 1. 0 0 0 0 0 0 0 0 0 AKBAR KARA PRESIDENT AND CEO 248204 0 0 0 0 0 26000 0 0 0 274204 0 0 0 TODD HORKMAN CTO 159360 0 0 0 0 0 25980 0 0 0 185340 0 0 0 Form 990, Part VI, Section B, line 11b EXECUTIVE COMMITTEE MEETS AND REVIEWS FORM 990 PRIOR TO FILING. THE FORM 990 IS COMPARED TO THE YEAR END FINANCIAL STATEMENTS, ANSWERS TO QUESTIONS ARE UPDATED AND REVIEWED FOR ACCURACY. Form 990, Part VI, Section B, line 12c THE EXECUTIVE COMMITTEE OF THE GOVERNING BODY REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. Form 990, Part VI, Section B, line 15 LEARN HAS AN EXECUTIVE COMPENSATION POLICY. UNDER THE LEADERSHIP OF THE CHAIR, THE EXECUTIVE COMMITTEE OF THE GOVERNING BODY MAKES A RECOMMENDATION TO THE GOVERNING BODY ON THE EXECUTIVE COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES. THE EXECUTIVE COMMITTEE BASES THEIR RECOMMENDATION ON THE EXECUTIVE PERFORMANCE, QUALIFICATIONS AND COMPARABILITY DATA. THE EXECUTIVE COMMITTEE CONTEMPORANEOUSLY DOCUMENTS THE REASONS THEY BELIEVE THE EXECUTIVE COMPENSATION IS REASONABLE. ONLY MEMBERS OF THE EXECUTIVE COMMITTEE WHO ARE FREE OF CONFLICTS OF INTEREST ARE PERMITTED TO BE INVOLVED IN THE PROCESS. THE BOARD OF DIRECTORS APPROVES EXECUTION OF COMPENSATION PACKAGES BASED ON THE RECOMMENDATION FROM THE EXECUTIVE COMMITTEE. ONLY THOSE DIRECTORS WHO ARE FREE FROM CONFLICTS OF INTEREST MAY VOTE ON EXECUTIVE COMPENSATION MATTERS. BOARD OF DIRECTORS ACTION ON EXECUTIVE COMPENSATIONS IS DOCUMENTED IN BOARD MINUTES OR COMPARABLE RECORDS. Form 990, Part VI, Section C, line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC FOR INSPECTION BY SCHEDULING AN APPOINTMENT DURING REGULAR BUSINESS HOURS AT 3726 20TH STREET, LUBBOCK, TX 79410. Form 990, Part VII Contact Addresses for Officers, Directors, Etc TONY MOORE - PRAIRIE VIEW A&M UNIVERSITY, PO BOX 519, MS 1460, PRAIRIE VIEW, TX 77446. DAN SCHMIEDT - TEXAS A&M UNIVERSITY, 1365 TAMU, COLLEGE STATION, TX 77843-1365. BRYAN LUCAS - TEXAS CHRISTIAN UNIVERSITY, BOX 298820, FORT WORTH, TX 76129. FRANK FEAGANS - UNIV. OF TX AT DALLAS, ROC 20, 800 WEST CAMPBELL RD, RICHARDSON, TX 75080-3021. DAVID STEPHENS - COLLIN COLLEGE 3452 SPUR 399, MCKINNEY, TX 75069. VACANT - UT M.D. ANDERSON CANCER CNTR, 7007 BERTNER AVE UNIT 1800, HOUSTON, TX 77030. KAY RHODES - TEXAS TECH UNIVERSITY SYSTEM, P.O. BOX 45400, LUBBOCK, TX 79490-5400. BOB HARTLAND - BAYLOR UNIVERSITY, ONE BEAR PLACE #97268, WACO, TX 76798. SAM SEGRAN - TEXAS TECH UNIVERSITY, BOX 42008, LUBBOCK, TX 79409-2008. WILLIAM GREEN - UNIV. OF TX AT AUSTIN, 304 E 24TH ST, C 3800, AUSTIN, TX 78712. JAMES V. HOWELL - SOUTH PLAINS COLLEGE, 1401 COLLEGE AVE, LEVELLAND, TX 79336. JIM BRADLEY - SAM HOUSTON STATE UNIVERSITY P.O. BOX 2449, HUNTSVILLE, TX 77341. ED EVANS - TEXAS A&M UNIV. CORPUS CHRISTI, 6300 OCEAN DR. UNIT 5748, CORPUS CHRISTI, TX 78412-5748. DEREK DRAWHORN - UT HEALTH SCIENCE CENTER AT HOUSTON 7000 FANNIN, SUITE M60, HOUSTON, TX 77030. JOSH SPENCER - UT SOUTHWESTERN MEDICAL CNTR AT DALLAS, 5323 HARRY HINES BLVD DALLAS, TX 75390. JEFF NEYLAND - UNIV. OF TX AT ARLINGTON 701 S. NEDDERMAN DR. DAVIS HALL B66, ARLINGTON, TX 76019. VACANT - TEXAS A&M HEALTH SCIENCE CENTER,ADRIANCE & STOTZER PRKWY,, COLLEGE STATION, TX 77843-1266. LUIS HERNANDEZ - UNIV. OF TX AT EL PASO, 500 WEST UNIVERSITY AVE., EL PASO, TX 79968. GEORGE GADDIE - UNIVERSITY OF TEXAS MEDICAL BRANCH, 301 UNIVERSITY BLVD., GALVESTON, TX 77555-0113. MARK STONE - TEXAS A&M UNIVERSITY SYSTEM,1124 TAMU, COLLEGE STATION, TX 77840. ANTHONY ESPINOZA - STEPHEN F. AUSTIN STATE UNIVERSITY, P.O. BOX 13012, NACOGDOCHES, TX 75962. KENDRA KETCHUM - UNIVERSITY OF TEXAS AT SAN ANTONIO, ONE UTSA CIRCLE, SAN ANTONIO, TX 78249-0677. JEFFREY GRAHAM - UNIV. OF TEXAS RIO GRANDE VALLEY 1201 WEST UNIVERSITY DR., EDINBURG, TX 78539. PATRICK STEWART - LAMAR UNIVERSITY P.O. BOX 10020, BEAUMONT, TX 77710. VINCE FELL - TEXAS TECH UNIV. HLTH SCIENCE CNTR 3601 4TH ST., MS 7755, LUBBOCK, TX 79430. YEMAN COLLIER - UT HLTH SCIENCE CNTR SAN ANTONIO,7703 FLOYD CURL DR., SAN ANTONIO, TX 78229-3900. DENNIS FOUTY - UNIVERSITY OF HOUSTON SYSTEM, MAIL CODE H1001, HOUSTON, TX 77204. DOUGLAS FOX - ANGELO STATE UNIVERSITY, 2601 W AVE N, SAN ANGELO, TX 76909. VACANT - TEXAS WOMEN'S UNIVERSITY,304 ADMIN. DRIVE, DENTON, TX 76204. CHRIS MCCOY - UNIV OF N.TEXAS SYSTEM 1155 UNION CRCL #305398, DENTON, TX 76203. MICHAEL HITES - SOUTHERN METHODIST UNIVERSITY,P.O. BOX 750262, DALLAS, TX 75275-0262. BRYAN ROESSLET - UNIV OF TEXAS SYSTEM, 210 W 7TH ST., AUSTIN, TX 78701. KENNETH PIERCE - TEXAS STATE UNIV. SAN MARCOS 601 UNIVERSITY DR. JCK 940, SAN MARCOS, TX 78666. MARC COUGLE - RICE UNIVERSITY,P.O. BOX 1892, MS 119, HOUSTON, TX 77251-1892. JERRY RODRIGUEZ - TX TECH UNIV HLTH SCIENCE CTR AT EL PASO, 5001 CONCEPCION EL PASO, TX 79905. VACANT - BAYLOR COLLEGE OF MEDICINE, 1 BAYLOR PLAZA, MS 204, HOUSTON, TX 77030-3411. JOHN YODER - UNIV OF TX HLTH SCIENCE CNTR 11937 US HWY 271, TYLER, TX 75708. MICHEAL WELCH - BLINN COLLEGE, 902 COLLEGE AVE, BRENHAM, TX 77833. BEN LIM - TRINITY UNIVERSITY, ONE TRINITY PLACE, SAN ANTONIO, TX 78212. TREVOR JONES - PARKER UNIVERSITY, 2540 WALNUT HILL LN, DALLAS, TX 75229. ANN KEANE - NOAA, 325 BRAODWAY, BOULDER, CO 80305. BOB PACHECO - TARRANT COUNTRY COLLEGE DISTRICT, 300 TRINITY CAMPUS CRLC, FORT WORTH, TX 76102.