2020-07-13T16:13:47-05:00 2019-06-30 ERNST & YOUNG US LLP 200 CLARENDON STREET BOSTON MA 021165072 990 2018-07-01 043170910 Worcester City Campus Corporation % MARCY CULVERWELL WORC 5088568989 333 South Street Suite 290 Shrewsbury MA 01545 JOHN LINDSTEDT President 2020-07-11 true Mike A Cincotta P01595811 6172662000 2020-07-10 190.105.28.118 02007720201955000001 2020-07-13 P A5F2FECDAE8DB169B1E75CE6C5EFBEE0D18B6ED7 4EE8D3F7C6D28501ACF29675F5A3383B87CD3415 2018 2020-11-19 02:30:22Z John Lindstedt 55 Lake Ave North Worcester MA 01655 39545284 false X n/a X 1992 MA See Schedule O 8 2 0 0 0 0 0 0 34754750 34752814 557840 871238 602128 3921232 35914718 39545284 0 0 0 0 0 0 0 0 0 36702593 36699470 36702593 36699470 -787875 2845814 303719270 304232909 266803796 251203210 36915474 53029699 X SEE SCHEDULE O false false 36181377 0 38674046 MANAGING, DEVELOPING, IMPROVING, RENOVATING, LEASING, OR DEALING WITH ANY REAL OR PERSONAL PROPERTY CONVEYED OR TRANSFERRED TO WORCESTER CITY CAMPUS CORPORATION, INCLUDING WITHOUT LIMITATION, REAL AND PERSONAL PROPERTY TO SUPPORT THE EDUCATIONAL, RESEARCH AND PUBLIC SERVICE ACTIVITIES OF THE UNIVERSITY OF MASSACHUSETTS. 36181377 true false false false false false false false false false true false false false true true false true false false false false false false false false false false false true true false false false false false false false false false false false false false false false true true true false false true 22 0 true 0 false false false false false false false false false false false false X 8 2 true false false false true true false true false false false true true true true true true false false false MA X MARCY CULVERWELL 5088568989 333 SOUTH STREET Shrewsbury MA 01545 X John Lindstedt President 1.0 39.0 X X 0 434744 86899 Lisa Calise Treasurer 1.0 39.0 X X 0 312403 69890 James Healy Clerk 1.0 39.0 X X 0 232668 73682 Matthew Gorzkowicz Director 1.0 39.0 X 0 212621 46865 JULIAN JAMES Director 1.0 39.0 X 0 397091 192905 Patricia Filippone Director (Resigned 3/20) 1.0 39.0 X 0 248200 29129 Mary Burns Director 1.0 0.0 X 0 0 0 Norman Peters Director 1.0 0.0 X 0 0 0 Christine Wilda FMR Treasurer(Resigned 6/17) 0.0 0.0 X 0 275551 51561 0 2113278 550931 0 true true false DPR CONSTRUCTION A GENERAL PARTNERS 1450 VETERANS BLVD REDWOOD CITY CA 94063 CONSTRUCTION SERVICE 1250369 BOND BROTHERS INC 10 CABOT RD STE 300 MEDFORD MA 02155 CONSTRUCTION SERVICE 1955733 ROCKWELL ROOFING 44 POND ST LEOMINISTER MA 01453 CONSTRUCTION SERVICE 898055 WILLIAM F LYNCH 50 MILLBROOK ST WORCESTER MA 01605 CONSTRUCTION SERVICE 399316 LAURING CONSTRUCTION 23 BRIGHAM RD WORCESTER MA 01609 CONSTRUCTION SERVICE 233694 6 0 RENTAL INCOME 531310 34752814 34752814 34752814 871238 871238 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAND PURCHASE OPTION REVENUE 900099 3587538 3587538 COST REIMBURSEMENT 900099 333694 333694 3921232 39545284 38674046 0 871238 0 0 0 0 0 0 0 0 0 0 0 13825 13825 47100 47100 0 0 0 0 0 0 0 0 0 0 0 0 6971103 6971103 0 15129128 15129128 359351 359351 UTILITIES 5095945 5095945 FACILITIES 4680078 4680078 FUTURE DISTRIB. OBLIGATION 3587538 3587538 ADMINISTRATION 518093 518093 297309 297309 36699470 36181377 518093 0 0 0 0 0 0 0 0 0 0 0 0 0 42242500 48117618 0 0 277905 404072 465409142 217127195 259856197 248281947 0 0 0 0 0 0 0 0 1342668 7429272 303719270 304232909 17323966 4597684 0 0 964189 1731490 6928509 5976946 0 0 0 0 355281 291140 0 0 241231851 238605950 266803796 251203210 X 0 0 0 0 36915474 53029699 36915474 53029699 303719270 304232909 X 2845814 13268411 X false true X true false X X 1 UNIVERSITY OF MASSACHUSETTS 043167352 5 true 0 0 1 0 0 true true false false false false false false false false false false false false false true false Form 990, Schedule A, Part IV, Section A, Line 2 The University of Massachusetts is a governmental entity and is not required to obtain an IRS determination letter. 8840139 8840139 440551258 202296051 238255207 15873811 14752429 1121382 143934 78715 65219 248281947 0 NOTE PAYABLE TO UNIV OF MASS. BUILDING AUTHORITY 226876990 NOTE PAYABLE TO UNIV OF MASSACHUSETTS 11728960 238605950 X FORM 990, SCHEDULE D, Part X, Line 2 ASC 740 FOOTNOTE FROM AUDITED FINANCIAL STATEMENTS: WORCESTER CITY CAMPUS CORPORATION IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. WORCESTER CITY CAMPUS CORPORATION IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS AS OF JUNE 30, 2019 AND 2018, RESPECTIVELY. false false false false false false false false false John Lindstedt President 341214 89250 4280 59950 26949 521643 Lisa Calise Treasurer 298383 0 14020 69870 20 382293 James Healy Clerk 229431 0 3237 55000 18682 306350 Matthew Gorzkowicz Director 212621 0 0 25709 21156 259486 JULIAN JAMES Director 383071 0 14020 156784 36121 589996 Patricia Filippone Director (Resigned 3/20) 244180 0 4020 29109 20 277329 Christine Wilda FMR Treasurer(Resigned 6/17) 275551 0 0 32366 19195 327112 FORM 990, SCHEDULE J, Part II WORCESTER CITY CAMPUS CORPORATION HAS NO EMPLOYEES AND PAYS NO COMPENSATION. THE INDIVIDUALS LISTED ON SCHEDULE J, PART II RECEIVED COMPENSATION AND BENEFITS FROM THE UNIVERSITY OF MASSACHUSETTS, A RELATED ORGANIZATION. A MHEFA WCCC ISSUE SERIES D 042456001 57586CFK6 2005-04-14 103444563 Defease 3/2000 Series A Bonds false false false B MDFA WCCC ISSUE SERIES 2011 043431814 57583ULK2 2011-11-15 11608181 Defease 6/2001 Remaining Series B false false true A 78060000 0 103444563 0 0 0 831383 412222 0 0 102200958 0 2005 false true true true B 4635000 0 11608181 0 0 0 149386 0 0 0 11458795 0 2011 true false true true A 0 B 0 A false false false true false false 0 false 0 false true B false false false true false false 0 false 0 false true A true B true FORM 990, SCHEDULE K, PART IV, LINE 2C, BONDS A & B On April 24, 2020 AMTEC delivered to Worcester City Campus Corporation an analysis of MHEFA Series D Bond issue. The Arbitrage Rebate report reflected activity from April 14, 2005 to April 14, 2020. Based upon AMTEC's finding, no rebate or yield liability has accrued. On December 16, 2019 AMTEC delivered to Worcester City Campus Corporation an analysis of the Mass Development Finance Agency Series 2011 Bond Issue. The Arbitrage Rebate Report reflected activity from November 15, 2011 to November 30, 2017. Based upon AMTEC's finding, no rebate or yield liability has accrued. Form 990, Part 1, Line 1 and Part III, Line 1 MISSION STATEMENT MANAGING, DEVELOPING, IMPROVING, RENOVATING, LEASING OR MAINTAINING ANY REAL OR PERSONAL PROPERTY CONVEYED OR TRANSFERRED TO WORCESTER CITY CAMPUS CORPORATION. INCLUDING WITHOUT LIMITATION, REAL AND PERSONAL PROPERTY TO SUPPORT THE EDUCATIONAL RESEARCH AND PUBLIC SERVICE ACTIVITIES OF THE UNIVERSITY OF MASSACHUSETTS. FORM 990, PART I, LINE 4 AND PART VI, LINE 1B THE FILING ORGANIZATION HAS only Two INDEPENDENT MEMBERS OF THE GOVERNING BODY BECAUSE MEMBERS OF THE GOVERNING BODY ARE COMPENSATED BY A RELATED ORGANIZATION. HOWEVER, THE FILING ORGANIZATION IS PART OF AN INTEGRATED DELIVERY SYSTEM OF ORGANIZATIONS, INCLUDING WCCC, THAT HAVE COMMUNITY BOARDS. THERE HAS BEEN NO MATERIAL CHANGE IN THE STRUCTURE OF THE GOVERNING BODY SINCE IT APPLIED FOR EXEMPT STATUS. Form 990, Part VI, Section A, Line 2 THE OFFICERS AND DIRECTORS OF WORCESTER CITY CAMPUS CORPORATION HAVE A BUSINESS RELATIONSHIP. ALL ARE EMPLOYED BY THE UNIVERSITY OF MASSACHUSETTS OR SERVE ON THE BOARD OF TRUSTEES FOR THE UNIVERSITY OF MASSACHUSETTS, A RELATED ORGANIZATION. Form 990, Part VI, Section A, Line 6 THE UNIVERSITY OF MASSACHUSETTS IS THE SOLE MEMBER OF WORCESTER CITY CAMPUS CORPORATION. Form 990, Part VI, Section A, Line 7A THE BOARD OF TRUSTEES FOR WORCESTER CITY CAMPUS CORPORATION ELECTS MEMBERS OF THE GOVERNING BOARD. Form 990, Part VI, Section A, Line 8B THERE ARE NO SUB COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Section B, Line 11b ONCE WORCESTER CITY CAMPUS CORPORATION (WCCC) FORM 990 IS COMPLETED, IT IS REVIEWED BY WCCC'S INTERNAL MANAGEMENT. THE COMPLETED FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO THE FORM BEING FILED WITH THE IRS. Form 990, Part VI, Section B, Line 12C WORCESTER CITY CAMPUS CORPORATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY REQUIRING DISCLOSURE OF RELEVANT FACTS THAT GIVE RISE TO POTENTIAL CONFLICT OF INTEREST. AT THE END OF THE FISCAL YEAR BEFORE SUBMISSION OF FORM 990 EACH DIRECTOR AND/OR OFFICER IS PROVIDED WITH A QUESTIONNAIRE, REQUIRING DISCLOSURE TO ANY CONFLICTS OF INTEREST THAT MAY HAVE EXISTED DURING THE PRIOR FISCAL YEAR. Form 990, Part VI, Section C, Line 19 WORCESTER CITY CAMPUS CORPORATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A ALL DIRECTORS DEVOTE APPROXIMATELY ONE HOUR PER WEEK ON AVERAGE TO WORCESTER CITY CAMPUS CORPORATION. THE REMAINDER OF THEIR TIME (39 HOURS EACH) IS DEVOTED TO THE UNIVERSITY OF MASSACHUSETTS AND ITS RELATED ORGANIZATIONS. THE OFFICERS AND DIRECTORS RECEIVING COMPENSATION IN PART VII, SECTION A ARE PAID BY THE UNIVERSITY OF MASSACHUSETTS FOR THEIR SERVICES TO THE UNIVERSITY, NOT FOR THEIR SERVICES TO WCCC. BARBARA KRONCKE JOINED THE BOARD IN FY20 IN PLACE OF PATRICIA FILIPPONE, EFFECTIVE MARCH 2020. FORM 990, PART XI, LINE 8 FOR THE CURRENT YEAR, WORCESTER CITY CAMPUS CORPORATION'S (WCCC) HAS CHANGED THE PRINCIPLES UNDER WHICH IT PREPARES ITS FINANCIAL STATEMENTS FROM FASB TO GASB. AS A RESULT OF THIS CHANGE, WCCC WAS REQUIRED TO ADJUST CERTAIN ACCOUNT BALANCES TO CONFORM TO GASB REQUIREMENTS. THE CUMULATIVE EFFECT OF THESE ADJUSTMENTS WAS $13,268,411, WHICH IS BEING REPORTED AS A PRIOR PERIOD ADJUSTMENT TO NET ASSETS. Worcester Campus Services 333 South Street Shrewsbury MA 01545 271721328 Real Estate MA 501(c)(3) 12a WCCC true UhealthSolutions Inc 333 South Street Shrewsbury MA 01545 043541678 Consulting MA 501(c)(3) 12a WCCC true WCS-222 Maple Ave Inc 333 South Street Shrewsbury MA 01545 271721474 Real Estate MA 501(c)(3) 12a WCS true WCS-333 South Street Inc 333 South Street Shrewsbury MA 01545 271726317 Real Estate MA 501(c)(3) 12a WCS true WCS-55 Lake Ave Inc 333 South Street Shrewsbury MA 01545 271722411 Real Estate MA 501(c)(3) 12a WCS true WCS-365 373 Plantation Street Inc 333 South Street Shrewsbury MA 01545 271726227 Real Estate MA 501(c)(3) 12a WCS true WCS-One Innovation Drive 333 South Street Shrewsbury MA 01545 300765186 Real Estate MA 501(c)(3) 12a WCS true WCS-377 Plantation Street Inc 333 South Street Shrewsbury MA 01545 900938830 Real Estate MA 501(c)(3) 12a WCS true WCS-381 Plantation Street Inc 333 South Street Shrewsbury MA 01545 611705285 Real Estate MA 501(c)(3) 12a WCS true ACS 22-24 Nutting Avenue Inc 55 Lake Ave Worcester MA 01604 475176210 Real Estate MA 501(c)(3) 12a WCCC true ACS 28-30 Nutting Avenue Inc 55 Lake Ave Worcester MA 01604 475191167 Real Estate MA 501(c)(3) 12a WCCc true ACS Lot 12 Sunset Avenue 55 Lake Ave Worcester MA 01604 475161513 Real Estate MA 501(c)(3) 12a WCCC true ACS 758 North Pleasant Street Inc 55 Lake Ave Worcester MA 01604 811745861 Real Estate MA 501(c)(3) 12a WCCC true University of Massachusetts 333 South Street Shrewsbury MA 01545 043167352 Education MA Cmlth of MA false false false true false false false false false false true false false false false false true false false false University Of Massachusetts c 303662 cash value University Of Massachusetts j 27064086 rent per lease University Of Massachusetts p 7407811 cash value