SCIENCE PARK DEVELOPMENT CORPORATION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SCIENCE PARK DEVELOPMENT CORPORATION (EIN 06-1062368)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202223199349311302
- Schema version
- 2021v4.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T11:52:51-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 364382562 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 LONG WHARF DRIVE | AddressLine1Txt |
| City | NEW HAVEN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06515 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061062368 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCIENCE PARK DEVELOPMENT CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCIE | BusinessNameControlTxt |
| Phone | 2037850840 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 SCIENCE PARK | AddressLine1Txt |
| City | NEW HAVEN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06511 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CLIO NICOLAKIS | PersonNm |
| Person Title | EXECUTIVE DIRECTOR & CONTROLLER | PersonTitleTxt |
| Phone | 2037850840 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CLIO | PersonFirstNm |
| Person Last | NICOLAKIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CATHIANN BELLARD | PreparerPersonNm |
| PTIN | P01314856 | PTIN |
| Phone | 2037771099 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CLIO NICOLAKIS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 SCIENCE PARK | AddressLine1Txt |
| City | NEW HAVEN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06511 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,591,892 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SCIENCEPARKNEWHAVEN.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1981 | FormationYr |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Activity Or Mission | A NON-PROFIT FORMED TO ENGAGE IN ECONOMIC DEVELOPMENT IN A DISTRESSED COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $162,472 | PYContributionsGrantsAmt |
| CY Contributions Grants | $28,780 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,344,714 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,556,827 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,919 | PYInvestmentIncomeAmt |
| CY Investment Income | -$102,354 | CYInvestmentIncomeAmt |
| PY Other Revenue | $763 | PYOtherRevenueAmt |
| CY Other Revenue | $6,050 | CYOtherRevenueAmt |
| PY Total Revenue | $3,510,868 | PYTotalRevenueAmt |
| CY Total Revenue | $3,489,303 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $146,733 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $152,633 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,153,723 | PYOtherExpensesAmt |
| CY Other Expenses | $4,222,205 | CYOtherExpensesAmt |
| PY Total Expenses | $4,300,456 | PYTotalExpensesAmt |
| CY Total Expenses | $4,374,838 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$789,588 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$885,535 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $13,979,158 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,300,850 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $22,163,167 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $22,370,448 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$8,184,009 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$9,069,598 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | COMPLETE THE DEVELOPMENT/REDEVELOPMENT OF SCIENCE PARK AND ITS ENVIRONS FOR THE PURPOSE OF INCREASING EMPLOYMENT IN THE CITY OF NEW HAVEN IN GENERAL AND THE DIXWELL AND NEWHALLVILLE NEIGHBORHOODS IN PARTICULAR, INCREASING THE TAX BASE IN THE CITY OF NEW HAVEN, ATTRACTING RESEARCH AND TECHNOLOGICAL ENTERPRISES, AND THE EXTENT COMPATIBLE WITH THE FOREGOING, INCREASING THE VARIETY OF HOUSING IN SCIENCE PARK AND ITS ENVIRONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,145,075 | ExpenseAmt |
| Revenue | $3,460,288 | RevenueAmt |
| Desc | SCIENCE PARK DEVELOPMENT CORPORATION ("SPDC") WAS ESTABLISHED IN AUGUST OF 1981 AS A PART OF A COOPERATIVE EFFORT BY THE CITY OF NEW HAVEN, CONNECTICUT, YALE UNIVERSITY, AND OLIN CORPORATION TO MOBILIZE THEIR CONSIDERABLE RESOURCES TO CREATE A NEW ECONOMIC BASE AT THE SITE OF A MULTI-TRACT, PREDOMINANTLY VACANT, INDUSTRIAL COMPLEX ADJACENT TO THE YALE SCIENCE HILL CAMPUS AND IN NEW HAVEN'S STATE-DESIGNATED ENTERPRISE ZONE. IT'S GOAL IS TO FURTHER THE REVITALIZATION OF THE CITY OF NEW HAVEN THROUGH THE DEVELOPMENT OF OFFICE AND LAB SPACES FOR TECH AND BIOTECH COMPANIES AND THROUGH THE ESTABLISHMENT OF A VARIETY OF HOUSING IN SCIENCE PARK WHICH WILL RESULT IN THE ENHANCEMENT EMPLOYMENT OPPORTUNITIES FOR AREA RESIDENTS, RELIEF OF POVERTY AND NEIGHBORHOOD TENSION, AND THE PREVENTION OF BLIGHT AND DETERIORATION IN THE SURROUNDING DIXWELL-NEWHALLVILLE NEIGHBORHOOD AREAS. IN JULY OF 1998, THE CONNECTICUT HOUSING FINANCE AUTHORITY ("CHFA") AND THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT ("DECD") COMMITTED $15 MILLION TO DEMOLISH OBSOLETE STRUCTURES, AND TO REHABILITATE AND/OR CONSTRUCT NEW BUILDINGS IN THE PARK WITH YALE UNIVERSITY, OLIN CORPORATION AND THE CITY OF NEW HAVEN PROVIDING ADDITIONAL FUNDS, LAND OR CAPITAL TO SUPPORT THE REDEVELOPMENT AND EXPANSION OF 140,000 SQUARE FEET OF OFFICES AND LAB SPACE IN 4 AND 5 SCIENCE PARK. THESE WERE IN ADDITION TO PREVIOUS COMMITMENTS TO THE PARK FROM THE CONNECTICUT DEVELOPMENT AUTHORITY ("CDA", NOW CONNECTICUT INNOVATIONS INC. "CII") AND DECD. SINCE 2000, THROUGH VARIOUS GROUND LEASES WITH DEVELOPERS, OFFICE/LAB BUILDINGS AND PARKING LOTS HAVE BEEN RENOVATED AND ABANDONED AND DERELICT BUILDINGS HAVE BEEN DEMOLISHED. IN ADDITION, A 1000-CAR PARKING STRUCTURE, CHILLER PLAN AND PARKING LOTS HAVE BEEN CONSTRUCTED AND HISTORIC FACTORY BUILDINGS HAVE BEEN RENOVATED INTO AN OFFICE BUILDING (2011) AND 158 LOFT-STYLE RESIDENTIAL APARTMENTS (2015), 20% OF WHICH ARE CHFA AFFORDABLE UNITS.IN 2014, TWO OF THE GROUND LEASES WERE SOLD TO THE OWNERS OF THE BUILDINGS THEREON. SINCE THEN, OVER $2 MILLION WAS INVESTED IN REPAIRS TO 4 AND 5 SCIENCE PARK, AS WELL AS THE ENVIRONMENTAL ASSESSMENT AND DEVELOPMENT DESIGN FOR THE UNDEVELOPED REMAINS OF SCIENCE PARK'S "EASTERN COURTYARD". SPDC RECEIVED A $485,000 SUBGRANT THROUGH CTNEXT'S INNOVATION PLACES PROGRAM IN 2017 AND TOGETHER WITH A TENANT INVESTED OVER $700,000 AND EXPANDED THE INFRASTRUCTURE OF LIFE SCIENCE SUPPORT SERVICES IN 4 SCIENCE PARK, AVAILABLE FOR BOTH SPDC TENANTS AND THE NEW HAVEN BIOTECH COMMUNITY. THIS INFRASTRUCTURE WAS FURTHER EXPANDED IN 2021 BY ANOTHER TENANT IN ORDER TO MAXIMIZE SERVICES IN THE PARK. SINCE DECEMBER 2017, SPDC HAS BEEN WORKING WITH A NEW DEVELOPMENT PARTNER FOR THE LAST 300,000 SQUARE FEET AND COMPLETING THE ENVIRONMENTAL ASSESSMENT OF THE EASTERN COURTYARD WITH A $200,000 DECD BROWNFIELDS GRANT AWARDED IN LATE 2018 AND A $2 MILLION BROWNFIELDS REMEDIATION GRANT AWARDED IN 2021. SPDC'S DEVELOPMENT PARTNER HAS FURTHERED PLANS TO DEVELOP A MIXED USE BUILDING WITH ALMOST 300 APARTMENTS AND OPEN SPACE ON THE WINCHESTER AVENUE SURFACE PARKING LOT AND OPEN UP ROADS THROUGH THE SITE FOR COMMUNITY ACCESS AND ENJOYMENT. DEMOLITION AND REMEDIATION OF THE EASTERN COURTYARD'S OIL-CONTAMINATED SITES ARE PLANNED AT WHICH POINT REDEVELOPMENT OF SCIENCE PARK WILL BE FULLY REALIZED.THE PARK HAS CONTINUED TO ATTRACT START-UP BIOTECH AND TECHNOLOGY FIRMS IN SMALL SUITES AS WELL AS SHARED LAB SPACES. SPDC HAS CONTINUED TO MAKE OFFICE SPACE AVAILABLE TO SOCIAL SERVICE AND EDUCATIONAL ORGANIZATIONS, WHICH DIRECTLY SERVE THE FAMILIES IN THE NEIGHBORHOOD AND THROUGHOUT NEW HAVEN. THE ENTIRE PLANNED DEVELOPMENT DISTRICT, INCLUDING PROPERTIES NOT OWNED BY SPDC, TALLIES OVER 30 COMPANIES, CAFES, NOT-FOR-PROFIT ORGANIZATIONS AND UNIVERSITY AFFILIATES COMBINED WITH OVER 1600 EMPLOYEES. DUE TO THE CLOSE PROXIMITY TO YALE'S RESEARCH FACILITIES AND NEW HAVEN'S POSITION AS A NEW BIOSCIENCE ECONOMIC CLUSTER, THE DEMAND FOR LAB SPACE IN NEW HAVEN HAS LED TO FULL OCCUPANCY OF SPDC-OWNED BUILDINGS SINCE 2019. DESPITE THE COVID-19 PANDEMIC, SCIENCE PARK OCCUPANCY REMAINED FULL THROUGH 2021. | Desc |
| Total Program Service Expenses | $4,145,075 | 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 | 0 | 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 | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | 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 | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 25 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | 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 | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIO NICOLAKIS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2037850840 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 SCIENCE PARK | AddressLine1Txt |
| City | NEW HAVEN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06511 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| PETER A PENCZER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CURT M RICHARDS RESIGNED 7721 | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL A SCHAFFER | ||||||
| TREASURER; DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DAVID SILVERSTONE | ||||||
| BOARD CHAIRMAN/PRESIDENT | 20.00 | Yes (X) | $55,851 | $0 | $0 | Yes (X) |
| JEROME E TURECK | ||||||
| VICE PRESIDENT; DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CHARLES H BREWER III | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| NICLAS A FERLAND | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CYNTHIA PETRUZZELLO | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LAUREN ZUCKER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL PISCITELLI | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID SHARE | ||||||
| DIRECTOR (START 9/2021) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CLIO NICOLAKIS | ||||||
| EXECUTIVE DIRECTOR & ASST | 30.00 | $91,563 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $147,414 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PERFORMANCE ENVIRONMENTAL SERVICES LLC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 KENDALL STREET | AddressLine1Txt |
| City | NEW HAVEN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06512 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | CLEANING SERVICES | ServicesDesc |
| Compensation | $113,310 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $28,780 | GovernmentGrantsAmt |
| Total Contributions | $28,780 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROG.SERV.REVENUE | Desc |
| Business | 531120 | BusinessCd |
| Total Revenue Column | $3,556,827 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,556,827 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,556,827 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $235 | TotalRevenueColumnAmt |
| Exclusion | $235 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $102,589 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$102,589 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$102,589 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$102,589 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| BAD DEBT RECOVERY | 531120 | $5,000 | $5,000 |
| MISCELLANEOUS INCOME | 541900 | $1,050 | $1,050 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,050 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,489,303 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,460,288 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $235 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,633 | TotalAmt |
| Program Services | $39,096 | ProgramServicesAmt |
| Management And General | $113,537 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,818 | TotalAmt |
| Program Services | $178,818 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,911 | TotalAmt |
| Program Services | $22,722 | ProgramServicesAmt |
| Management And General | $27,189 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,900 | TotalAmt |
| Management And General | $4,900 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,528 | TotalAmt |
| Program Services | $37,668 | ProgramServicesAmt |
| Management And General | $39,860 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,274 | TotalAmt |
| Program Services | $50,000 | ProgramServicesAmt |
| Management And General | $18,274 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $669,973 | TotalAmt |
| Program Services | $669,973 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $790,202 | TotalAmt |
| Program Services | $788,110 | ProgramServicesAmt |
| Management And General | $2,092 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,476 | TotalAmt |
| Program Services | $144,416 | ProgramServicesAmt |
| Management And General | $20,060 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| UTILITIES | $984,642 | $984,642 | |
| REPAIRS & MAINTENANCE | $542,639 | $542,639 | |
| PROPERTY & OTHER TAXES | $350,594 | $349,421 | $1,173 |
| BUILDING SECURITY | $262,503 | $262,503 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,745 | TotalAmt |
| Program Services | $75,067 | ProgramServicesAmt |
| Management And General | $2,678 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,374,838 | TotalAmt |
| Program Services | $4,145,075 | ProgramServicesAmt |
| Management And General | $229,763 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,883 | BOYAmt |
| EOY | $41,795 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,320 | BOYAmt |
| EOY | $282,687 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,572 | BOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,177 | BOYAmt |
| EOY | $243 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $311,315 | BOYAmt |
| EOY | $204,543 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $28,168,701 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $16,067,699 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,631,221 | BOYAmt |
| EOY | $12,101,002 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $242,230 | BOYAmt |
| EOY | $196,539 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $394,440 | BOYAmt |
| EOY | $474,041 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,979,158 | BOYAmt |
| EOY | $13,300,850 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $246,439 | BOYAmt |
| EOY | $167,039 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $199,739 | BOYAmt |
| EOY | $13,701 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,437,851 | BOYAmt |
| EOY | $14,265,561 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,279,138 | BOYAmt |
| EOY | $7,924,147 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,163,167 | BOYAmt |
| EOY | $22,370,448 | 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 | -$8,184,009 | BOYAmt |
| EOY | -$9,069,598 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$8,184,009 | BOYAmt |
| EOY | -$9,069,598 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,979,158 | BOYAmt |
| EOY | $13,300,850 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$885,535 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$54 | NetUnrlzdGainsLossesInvstAmt |
| 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) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $485,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,610 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $162,472 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,780 | CurrentTaxYearAmt |
| Total | $680,862 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,689,593 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,045,441 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,213,119 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,344,714 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,562,877 | CurrentTaxYearAmt |
| Total | $15,855,744 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,689,593 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,530,441 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,217,729 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,507,186 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,591,657 | CurrentTaxYearAmt |
| Total | $16,536,606 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $16,536,606 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,917 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,992 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,064 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,267 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $235 | CurrentTaxYearAmt |
| Total | $26,475 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,917 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,992 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,064 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,267 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $235 | CurrentTaxYearAmt |
| Total | $26,475 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $6,500 | CurrentTaxYearAmt |
| Total | $6,500 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,694,510 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,539,433 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,226,793 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,510,453 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,598,392 | CurrentTaxYearAmt |
| Total | $16,569,581 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99800 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99820 | PublicSupportPY509Pct |
| Investment Income CY | 0.00160 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00180 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
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
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,062,918 | OtherCostOrOtherBasisAmt |
| Book Value | $6,062,918 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $22,088,738 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,055,654 | DepreciationAmt |
| Book Value | $6,033,084 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,045 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,045 | DepreciationAmt |
| Book Value | $5,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $12,101,002 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| SECURITY DEPOSITS | $196,136 |
| ACCRUED INTEREST | $7,728,011 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $7,924,147 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,484,249 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$54 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$54 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,484,303 | RevenueSubtotalAmt |
| Other Revenues Not Included | $5,000 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,000 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,489,303 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,369,838 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,369,838 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $5,000 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,000 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,374,838 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE CORPORATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | BAD DEBT RECOVERY 5,000. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | BAD DEBT RECOVERY 5,000. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | ALL MEMBERS OF THE BOARD OF DIRECTORS (GOVERNING BODY) ARE PROVIDED WITH A COPY OF THE FORM 990 PRIOR TO IT BEING SIGNED, AND REQUESTED TO PROVIDE THEIR COMMENTS, QUESTIONS OR CONCERNS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE TO THE PRESIDENT ANNUALLY, BY THE DATE OF THE ANNUAL MEETING, INTERESTS THAT COULD GIVE RISE TO CONFLICTS. WHEN A CONFLICT OF INTEREST REQUIRES ACTION BY THE BOARD, THE PRESIDENT SHALL CALL IT TO THE ATTENTION OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE CORPORATION HAS ONE EMPLOYEE WHOSE COMPENSATION IS DETERMINED BY THE PRESIDENT, WHO RELIES ON HIS KNOWLEDGE OF THE MARKETPLACE FOR PEOPLE OF SIMILAR SKILLS AND RESPONSIBILITIES. THE SALARY IS ADJUSTED ANNUALLY AND APPROVED BY THE BOARD. THE CHAIRMAN AND PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOD WITH REFERENCE TO HIS KNOWLEDGE, EXPERIENCE AND LEVEL OF RESPONSIBILITY. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE CORPORATION'S ANNUAL FORM 990, INCLUDING FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S CERTIFICATE OF ORGANIZATION AND BY-LAWS ARE AVAILABLE AT THE CONNECTICUT SECRETARY OF STATE'S OFFICES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CORPORATION'S ANNUAL FORM 990, INCLUDING FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S CERTIFICATE OF ORGANIZATION AND BY-LAWS ARE AVAILABLE AT THE CONNECTICUT SECRETARY OF STATE'S OFFICES. |
| FORM 990, PART XI, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| SPDC TRACT A LLC | |||||||||
| 5 SCIENCE PARK | NEW HAVEN | CT | 065111968 | 752986784 | REAL ESTATE HOLDING & MANAGEMENT | CT | $48,780 | $3,240,586 | SCIENCE PARK DEVELOPMENT CORPORATION |
| SPDC TRACT D LLC | |||||||||
| 5 SCIENCE PARK | NEW HAVEN | CT | 065111968 | 460465458 | REAL ESTATE HOLDING & MANAGEMENT | CT | $0 | $0 | SCIENCE PARK DEVELOPMENT CORPORATION |
| SPDC TRACT E LLC | |||||||||
| 5 SCIENCE PARK | NEW HAVEN | CT | 065111968 | 061619712 | REAL ESTATE HOLDING & MANAGEMENT | CT | $0 | $500,000 | SCIENCE PARK DEVELOPMENT CORPORATION |
| SPDC TRACT J LLC | |||||||||
| 5 SCIENCE PARK | NEW HAVEN | CT | 065111968 | 061614619 | REAL ESTATE HOLDING & MANAGEMENT | CT | $0 | $94,408 | SCIENCE PARK DEVELOPMENT CORPORATION |
| SPDC 110 MUNSON LLC | |||||||||
| 5 SCIENCE PARK | NEW HAVEN | CT | 065111968 | 680489628 | REAL ESTATE HOLDING & MANAGEMENT | CT | $0 | $60,362 | SCIENCE PARK DEVELOPMENT CORPORATION |
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