2021-05-03T04:26:25-05:00 2020-06-30 560574444 CHERRY BEKAERT LLP 1075 PEACHTREE STREET NE SUITE 2200 ATLANTA GA 30309 990 2019-07-01 582374837 GEORGIA TECH APPLIED RESEARCH CORPORATION GEOR 4048944819 926 DALNEY STREET NW ATLANTA GA 303320415 REBECCA CARAVATI INTERIM VP OF RESEARCH ADMIN 4048944819 2021-01-28 1 AMANDA ADAMS P00748038 4042090954 2019 2022-09-23 18:48:47Z REBECCA CARAVATI 926 DALNEY STREET NW ATLANTA GA 303320415 567395751 0 X WWW.GTARC.GATECH.EDU X 1998 GA THE MISSION OF THE GEORGIA TECH APPLIED RESEARCH CORPORATION (GTARC) IS TO PROVIDE EFFICIENT AND EFFECTIVE CONTRACTING, GRANT, AND RESEARCH ADMINISTRATION SERVICES FOR THE GEORGIA TECH RESEARCH INSTITUTE (GTRI), A NON-PROFIT RESEARCH ARM OF THE GEORGIA INSTITUTE OF TECHNOLOGY. GTARC PROVIDES BUSINESS MANAGEMENT SERVICES FOR GTRI AS IT CONDUCTS FOCUSED PROGRAMS OF INNOVATIVE RESEARCH, TECHNICAL ASSISTANCE, AND ECONOMIC DEVELOPMENT THAT ADVANCE THE GLOBAL COMPETITIVENESS OF GEORGIA, THE SOUTHEAST REGION, AND THE NATION. GTARC SERVES AS THE SOLE CONTRACTING ENTITY FOR GTRI. 12 9 0 0 0 0 0 0 490426917 564337203 308449 125630 68 337 490735434 564463170 2386371 2376897 0 0 0 0 0 0 0 481186346 553967055 483572717 556343952 7162717 8119218 131959517 163481668 98674154 122077087 33285363 41404581 THE GEORGIA TECH APPLIED RESEARCH CORPORATION (GTARC) IS ORGANIZED AND OPERATED TO SUPPORT THE RESEARCH ACTIVITIES OF THE GEORGIA INSTITUTE OF TECHNOLOGY IN THE AREAS OF INNOVATIVE RESEARCH, TECHNICAL ASSISTANCE AND ECONOMIC DEVELOPMENT. 0 0 551456563 2376897 564337203 THE GEORGIA INSTITUTE OF TECHNOLOGY RESEARCH ACTIVITY IS SUPPORTED BY THE GEORGIA TECH APPLIED RESEARCH CORPORATION WHICH CONSISTS OF RESEARCH PROGRAMS FOR GOVERNMENT AGENCIES. PAYMENTS AND REIMBURSEMENT OF EXPENSES AND GRANTS TO AND FOR THE BENEFIT OF GEORGIA INSTITUTE OF TECHNOLOGY HAVE BEEN MADE. THE GEORGIA TECH APPLIED RESEARCH CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE GEORGIA INSTITUTE OF TECHNOLOGY WHICH IS A UNIT OF THE UNIVERSITY SYSTEM IN THE STATE OF GEORGIA. 551456563 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 36 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 9 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X NEIL VITRO 4043854446 926 DALNEY STREET NW ATLANTA GA 303320415 LOU GRAZIANO CHAIR, TRUSTEE 0.50 0.50 X X 0 0 0 PATRICIA FALCONE VICE CHAIR, TRUSTEE 0.50 0.50 X X 0 0 0 CHAOUKI T ABDALLAH PRESIDENT, TREASURER, TRUSTEE 1.00 40.00 X X 0 396498 100073 JOHN AVERY TRUSTEE 0.50 0.50 X 0 0 0 JOHN BARNARD TRUSTEE 0.50 0.50 X 0 0 0 RAFAEL L BRAS TRUSTEE 0.50 40.00 X 0 472756 208901 JAMES G FORTNER TRUSTEE 1.00 40.00 X 0 312397 83519 DAVID GARRISON TRUSTEE 0.50 0.50 X 0 0 0 XIAOYAH HUANG TRUSTEE 0.50 0.50 X 0 0 0 DERYL ISRAEL TRUSTEE 0.50 0.50 X 0 0 0 PATRICK KELLY TRUSTEE 0.50 0.50 X 0 0 0 FREDERIC VILLENEUVE TRUSTEE 0.50 0.50 X 0 0 0 JILDA DIEHL GARTON VICE PRESIDENT 18.00 22.00 X 0 288991 38079 STEPHEN E CROSS SEC/TREASURER UNTIL 11/08/19 1.00 40.00 X 0 388312 45359 JAMES HUDGENS SECRETARY FROM 11/19-12/19 1.00 40.00 X 0 189313 11903 BARBARA J ALEXANDER ASST SEC. & ASST TREASURER 20.00 20.00 X 0 165807 47446 REBECCA CARAVATI ASST SECRETARY FROM 11/19-12/19 1.00 40.00 X 0 88493 19892 BRUCE HENRY ASST SEC. & ASST TREASURER 16.00 24.00 X 0 96064 53347 LAUREN MACLANAHAN ASST SEC. & GENERAL COUNSE 12.00 28.00 X 0 163043 41131 ROBERTA B BURKE ASST SECRETARY 34.00 6.00 X 0 121298 14130 KEVIN WOZNIAK ASST SECRETARY 16.00 24.00 X 0 203247 47040 DANA SIMPSON ASST SECRETARY 20.00 20.00 X 0 117895 49040 ALBERT L CONCORD FACILITY SECURITY OFFICER 1.00 40.00 X 0 180127 40390 MARY BERAN ASST DIRECTOR 14.00 26.00 X 0 137335 56462 TERRY BRAY ASST DIRECTOR 8.00 32.00 X 0 144907 39704 SOPHIA HERBERT-PETERSON ASST DIRECTOR 10.00 30.00 X 0 143978 38043 JEFFREY STELTZER ASST DIRECTOR 4.00 36.00 X 0 146716 46515 KELLY WINN ASST DIRECTOR 14.00 26.00 X 0 144900 40453 0 3902077 1021427 0 0 1 0 GEORGIA INSTITUTE OF TECHNOLOGY 225 NORTH AVENUE ATLANTA GA 303320255 RESEARCH 498387214 NELSON MULLINS RILEY & SCARBOROUGH 201 17TH ST NW 1700 ATLANTA GA 30363 LEGAL SERVICES 318978 ADVANCED TECHNOLOGY INTERNATIONAL 315 SIGMA DR SUMMERVILLE SC 29486 RESEARCH 212749 SPECTRUM SOLUTIONS 114 CASTLE DR MADISON AL 35758 RESEARCH 148036 DATAPATH INC 2205 NORTHMONT PKWY DULUTH GA 30096 RESEARCH 145783 5 RESEARCH CONTRACTS 541700 564337203 564337203 564337203 125630 125630 2932581 2932581 0 337 337 337 564463170 564337203 0 125967 X 2376897 2376897 439325 439325 167713 167713 549227881 549076506 151375 83455 83455 18029 18029 3160 3160 462378 462378 SHARED EMPLOYEE EXPENSE 3390412 3390412 PROF DEVELOPMENT 19210 19210 155492 155492 556343952 551456563 4887389 0 31262137 57427200 100522215 105939178 48128 27199 79003 18434 63729 60569 63308 27522 131959517 163481668 54273468 65308731 3507674 2018974 40893012 54749382 98674154 122077087 X 33285363 41404581 33285363 41404581 131959517 163481668 8119218 0 X 0 1 X 1 1 1 X X X 1 GEORGIA INSTITUTE OF TECHNOLOGY 586002023 6 1 2376897 0 1 2376897 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X SECTION D, LINE 3 THERE ARE TWELVE (12) MEMBERS OF THE BOARD OF TRUSTEES. THREE ARE GIT FACULTY. ONE MEMBER IS SELECTED BY THE GEORGIA TECH NATIONAL ALUMNI ASSOCIATION. ONE MEMBER IS SELECTED BY THE GEORGIA TECH FOUNDATION. THESE FIVE SELECT SEVEN ADDITIONAL MEMBERS FROM INDUSTRY AT LARGE WITHOUT REGARD TO WHETHER THESE SEVEN ADDITIONAL MEMBERS ARE ALUMNI. THE CURRENT INVESTMENT POLICY WAS ADOPTED ON DECEMBER 8, 2009 AND IT FITS WITHIN REQUIREMENTS ESTABLISHED BY THE BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA. ADDITIONALLY, ANY CHANGES TO THE POLICY OR INVESTING IN ANY TYPE OF INVESTMENT VEHICLE NOT DESIGNATED BY THE CURRENT INVESTMENT POLICY REQUIRES THE APPROVAL OF THE BOARD OF TRUSTEES. ADDITIONALLY, THE BOARD OF TRUSTEES RECEIVES REPORTS FROM THE TREASURER OF THE COMPANY AT ALL SEMI-ANNUAL BOARD MEETINGS. SECTION E, LINE 1C GIT IS A UNIT OF THE UNIVERSITY SYSTEM OF THE STATE OF GEORGIA. GEORGIA STATE LAW PROHIBITS GIT FROM ENTERING INTO LONG TERM CONTRACTS (DEFINED AS IN EXCESS OF ONE YEAR) THAT WOULD PLACE AN OBLIGATION ON THE STATE. GTARC WAS ORGANIZED AND OPERATES PRIMARILY FOR THE PURPOSE OF SOLICITING GRANTS AND CONTRACTS AND ENTERING INTO CONTRACTS FOR RESEARCH AND SERVICES TO BE PERFORMED BY OR IN CONJUNCTION WITH GIT, OR TO BE PERFORMED USING GIT'S FACILITIES AND FOR RELATED OBJECTIVES. GTARC SERVES AS A CONTRACTING ENTITY FOR GIT AND CAN ENTER INTO LONG TERM CONTRACTS WITHOUT OBLIGATING THE STATE OF GEORGIA OR GIT. 0 1 X 79003 18434 60569 60569 567395751 0 567395751 -2932581 -2932581 564463170 559276533 2932581 2932581 556343952 0 556343952 PART IV, LINE 2B: SPONSORED RESEARCH PROJECTS HAVE FEES CHARGED TO SPONSORS. THESE FEES ARE HELD ON BEHALF OF GIT AND CAN BE INVOICED TO GTARC BY THE APPROPRIATE DEPARTMENT OF GIT. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -2,932,581. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 2,932,581. 1 GEORGIA INSTITUTE OF TECHNOLOGY 225 NORTH AVENUE ATLANTA GA 30332 586002023 170(C)(1) 1029793 STRATEGIC RESEARCH SUPPORT GEORGIA INSTITUTE OF TECHNOLOGY 225 NORTH AVENUE ATLANTA GA 30332 586002023 170(C)(1) 1347104 RESEARCH PROGRAM SUPPORT 1 0 PART I, LINE 2: PURSUANT TO AN AGREEMENT BETWEEN GTARC AND THE BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA, THE GTARC BOARD OF TRUSTEES ISSUES GRANTS FROM TIME TO TIME AS IT SEES FIT FOR THE PROMOTION OF RESEARCH AT GIT. THESE GRANTS ARE FUNDED FROM THE BALANCES HELD IN TRUST FOR GIT WHICH ARE REFLECTED IN THE UNRESTRICTED NET POSITION OF GTARC. THE CLOSE RELATIONSHIP BETWEEN THE ORGANIZATIONS SERVES TO MONITOR THE USE OF THE FUNDS. 0 1 0 0 0 0 0 0 0 CHAOUKI T ABDALLAH PRESIDENT, TREASURER, TRUSTEE 0 396498 0 0 0 0 0 73580 0 26493 0 496571 0 0 RAFAEL L BRAS TRUSTEE 0 462756 0 0 0 10000 0 185872 0 23029 0 681657 0 0 JAMES G FORTNER TRUSTEE 0 312397 0 0 0 0 0 60169 0 23350 0 395916 0 0 JILDA DIEHL GARTON VICE PRESIDENT 0 288991 0 0 0 0 0 25872 0 12207 0 327070 0 0 STEPHEN E CROSS SEC/TREASURER UNTIL 11/08/19 0 388312 0 0 0 0 0 25872 0 19487 0 433671 0 0 JAMES HUDGENS SECRETARY FROM 11/19-12/19 0 189313 0 0 0 0 0 11550 0 353 0 201216 0 0 BARBARA J ALEXANDER ASST SEC. & ASST TREASURER 0 165807 0 0 0 0 0 36093 0 11353 0 213253 0 0 LAUREN MACLANAHAN ASST SEC. & GENERAL COUNSE 0 163043 0 0 0 0 0 16004 0 25127 0 204174 0 0 KEVIN WOZNIAK ASST SECRETARY 0 203247 0 0 0 0 0 19841 0 27199 0 250287 0 0 DANA SIMPSON ASST SECRETARY 0 117895 0 0 0 0 0 26989 0 22051 0 166935 0 0 ALBERT L CONCORD FACILITY SECURITY OFFICER 0 180127 0 0 0 0 0 38267 0 2123 0 220517 0 0 MARY BERAN ASST DIRECTOR 0 137335 0 0 0 0 0 31059 0 25403 0 193797 0 0 TERRY BRAY ASST DIRECTOR 0 144907 0 0 0 0 0 14347 0 25357 0 184611 0 0 SOPHIA HERBERT-PETERSON ASST DIRECTOR 0 143978 0 0 0 0 0 14130 0 23913 0 182021 0 0 JEFFREY STELTZER ASST DIRECTOR 0 146716 0 0 0 0 0 15015 0 31500 0 193231 0 0 KELLY WINN ASST DIRECTOR 0 144900 0 0 0 0 0 31247 0 9206 0 185353 0 0 PART I, LINE 4B THREE GEORGIA INSTITUTE OF TECHNOLOGY (THE INSTITUTE) SENIOR ADMINISTRATORS SAT ON THE BOARD OF THE ORGANIZATION DURING THE FISCAL YEAR. ALL PARTICIPATED IN A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN STRUCTURED UNDER IRS SECTION 415(M) WHILE EMPLOYED BY THE INSTITUTE. CONTRIBUTIONS TO THE PLAN IN 2019 WERE FUNDED BY THE INSTITUTE AND ARE INCLUDED IN AMOUNTS DISCLOSED ON SCHEDULE J, PART II COLUMN C: DEFERRED COMPENSATION. DR. RAFAEL BRAS, A TRUSTEE OF THE ORGANIZATION IS PROVOST AND EXECUTIVE VICE PRESIDENT FOR ACADEMIC AFFAIRS OF THE INSTITUTE. JAMES FORTNER, A TRUSTEE OF THE ORGANIZATION IS INTERIM EXECUTIVE VICE PRESIDENT, ADMINISTRATION AND FINANCE OF THE INSTITUTE. CHAOUKI ABDALLAH, PRESIDENT, TREASURER AND TRUSTEE OF THE ORGANIZATION, IS EXECUTIVE VICE PRESIDENT FOR RESEARCH OF THE INSTITUTE. NON-QUALIFIED AMOUNT INCLUDED IN RETIREMENT & OTHER DEFERRED COMPENSATION: RAFAEL L. BRAS: $128,000 JAMES FORTNER: $0 CHAOUKI ABDALLAH: $0 FORM 990, PART VI, SECTION A, LINE 7A THERE ARE TWELVE (12) MEMBERS OF THE BOARD OF TRUSTEES. THREE ARE GIT FACULTY. ONE MEMBER IS SELECTED BY THE GEORGIA TECH NATIONAL ALUMNI ASSOCIATION. ONE MEMBER IS SELECTED BY THE GEORGIA TECH FOUNDATION. THESE FIVE SELECT SEVEN ADDITIONAL MEMBERS FROM INDUSTRY AT LARGE WITHOUT REGARD TO WHETHER THESE SEVEN ADDITIONAL MEMBERS ARE ALUMNI. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO THE AUDIT COMMITTEE OF THE GEORGIA TECH APPLIED RESEARCH CORPORATION PRIOR TO FILING AND IS REVIEWED BY THE CONTROLLER. FORM 990, PART VI, SECTION B, LINE 12C GEORGIA TECH APPLIED RESEARCH CORPORATION HAS A CONFLICTS OF INTEREST POLICY IN PLACE. THE POLICY STATES THAT IN THE EVENT OF A CONFLICT OF INTEREST, AFFECTED BOARD MEMBERS MUST RECUSE THEMSELVES FROM A VOTE. THE POLICY MUST BE READ AND SIGNED ANNUALLY BY ALL OFFICERS, KEY EMPLOYEES AND BOARD MEMBERS. AN ON-LINE SYSTEM WAS IMPLEMENTED IN 2013. ANY CONFLICTS OF INTEREST ARE REQUIRED TO BE DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS NO FULL-TIME EMPLOYEES. KEY PERSONNEL IN SUPPORT OF THE ORGANIZATION ARE GEORGIA TECH EMPLOYEES AND ARE SUBJECT TO THE COMPENSATION GUIDELINES OF THE BOARD OF REGENTS. THE BOARD OF REGENTS PERIODICALLY REVIEWS EMPLOYEE COMPENSATION AND COMPARES IT TO VARIOUS MARKET DATA. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS, ARTICLES OF INCORPORATION, FINANCIALS, AND CONFLICT OF INTEREST ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G RESEARCH PERFORMED BY GIT: PROGRAM SERVICE EXPENSES 549,076,506. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 549,076,506. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 151,375. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 151,375. GEORGIA TECH RESEARCH CORPORATION 926 DALNEY STREET NW ATLANTA GA 303320415 580603146 SPONSORED RESEARCH FOR GEORGIA INSTITUTE OF TECHNOLOGY GA 501(C)(3) LINE 12C, III-FI GEORGIA INSTITUTE OF TECHNOLOGY 0 GEORGIA INSTITUTE OF TECHNOLOGY 500 TECH PARKWAY ATLANTA GA 30332 586002023 STATE UNIVERSITY GA 170(C)(1) BOARD OF REGENTS OF THE USG 0 GEORGIA TECH FACILITIES INC 225 N AVE LYMAN HALL STE 325 ATLANTA GA 30332 521442293 FINANCING & CONSTRUCTING BUILDINGS FOR GEORGIA INSTITUTE OF TECHNOLOGY GA 501(C)(3) LINE 5 GEORGIA INSTITUTE OF TECHNOLOGY 0 GLOBAL CENTER FOR MEDICAL INNOVATION INC 75 5TH STREET NW ATLANTA GA 30332 264723391 RESEARCH GA 501(C)(3) LINE 7 GEORGIA INSTITUTE OF TECHNOLOGY 0 HOME PARK LEARNING CENTER INC 500 TECH PARKWAY ATLANTA GA 30332 582644893 CHILD CARE GA 501(C)(3) LINE 12A, I GEORGIA INSTITUTE OF TECHNOLOGY 0 SOUTHERN LIGHT RAIL INC 225 NORTH AVENUE NW ATLANTA GA 30332 300240711 COMMUNICATION SERVICES GA 501(C)(3) LINE 7 GEORGIA INSTITUTE OF TECHNOLOGY 0 GEORGIA TECH ATHLETIC ASSOCIATION 150 BOBBY DODD WAY NW ATLANTA GA 30332 580622514 ATHLETICS GA 501(C)(3) LINE 7 GEORGIA INSTITUTE OF TECHNOLOGY 0 GEORGIA ADVANCED TECHNOLOGY VENTURES INC 225 NORTH AVENUE NW ATLANTA GA 30332 582538285 ECONOMIC DEVELOPMENT GA 501(C)(3) LINE 12A, I GEORGIA INSTITUTE OF TECHNOLOGY 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 1 1 1 0 0