2020-11-13T12:11:47-06:00 2020-06-30 560587953 GILLIAM BELL MOSER LLP PO BOX 621 BURLINGTON NC 272160621 990 2019-07-01 900131526 GATEWAY RESEARCH PARK INC GATE 3363759232 2901 EAST GATE CITY BLVD SUITE 25 GREENSBORO NC 274014904 JIM WESTMORELAND INTERIM EXECUTIVE DIRECTOR 3363759659 2020-11-12 1 WILLIAM E WILKINSON P00024569 3362276283 2020-11-10 66.77.128.118 2020-11-12 10:36:04 ES P 15E04F209000FF37AA86927CC2CE7ABBEF9B8000 003D768AAED7BD90D99D7D7806FA95E0D9F75077 2019 2021-01-29 14:40:06Z JIM WESTMORELAND 2901 EAST GATE CITY BLVD SUITE 2500 GREENSBORO NC 274014904 6078260 0 X WWW.GATEWAYRESEARCHPARK.COM X 2003 NC THE ORGANIZATION IS A CATALYST FOR UNIVERSITY RESEARCH, INNOVATION, AND ECONOMIC DEVELOPMENT. 17 17 19 0 0 0 1731444 1444259 4322998 4573454 28432 20813 29438 39734 6112312 6078260 0 0 0 0 1446629 1535215 0 0 0 6547325 6132673 7993954 7667888 -1881642 -1589628 79418528 78888418 22622080 23681598 56796448 55206820 GATEWAY RESEARCH PARK IS A CATALYST FOR UNIVERSITY AND PRIVATE RESEARCH, INNOVATION, AND ECONOMIC DEVELOPMENT. 0 0 5806970 4613188 TO BE A CATALYST FOR ENHANCING THE RESEARCH ENTERPRISE FOR NORTH CAROLINA AGRICULTURAL & TECHNOLOGICAL STATE UNIVERSITY AND THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO WHILE ENHANCING/PROMOTING THE COMMUNITY THROUGH ECONOMIC AND CULTURAL DEVELOPMENT. 5806970 1 1 0 0 0 0 0 0 0 0 1 0 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 22 0 19 1 0 0 0 0 0 0 0 0 0 0 X 17 17 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JIM WESTMORELAND 3363759232 2901 E GATE CITY BLVD STE 2500 GREENSBORO NC 27401 MR JOHN R MERRILL EXECUTIVE DIRECTOR THRU 3.27 50.00 X X 225212 0 19770 DR CHARLES E MCQUEARY CHAIR 5.00 X X 0 0 0 MR DENNIS STEARNS SECRETARY/TREASURER 1.00 X X 0 0 0 DR TERRI SHELTON VICE CHAIR 1.00 X X 0 0 0 MR ROBERT POMPEY MEMBER, BOARD OF DIRECTORS 1.00 X 0 0 0 DR HAROLD MARTIN MEMBER, BOARD OF DIRECTORS 5.00 X 0 0 0 DR FRANKLIN GILLIAM JR MEMBER, BOARD OF DIRECTORS 5.00 X 0 0 0 DR BERYL MCEWEN MEMBER, BOARD OF DIRECTORS 1.00 X 0 0 0 DR DANA DUNN MEMBER, BOARD OF DIRECTORS 1.00 X 0 0 0 MR ERIC MUTH MEMBER, BOARD OF DIRECTORS 1.00 X 0 0 0 MR KIP BLAKELY MEMBER, BOARD OF DIRECTORS 1.00 X 0 0 0 DR GERALD TRUESDALE MEMBER, BOARD OF DIRECTORS 1.00 X 0 0 0 MR DAVID LEEPER MEMBER, BOARD OF DIRECTORS 1.00 X 0 0 0 MS DENNY KELLY MEMBER, BOARD OF DIRECTORS 5.00 X 0 0 0 MR BOB SHEA MEMBER, BOARD OF DIRECTORS 1.00 X 0 0 0 MR GEORGE JOHNSON MEMBER, BOARD OF DIRECTORS 1.00 X 0 0 0 MR JAMES C MITCHELL IV MEMBER, BOARD OF DIRECTORS 1.00 X 0 0 0 MR KEVIN BAKER MEMBER, BOARD OF DIRECTORS 1.00 X 0 0 0 MR JIM WESTMORELAND INTERIM EXEC. DIRECTOR AS OF 3.27 40.00 X X 0 0 0 MR JAMES CHAPLIN II DIRECTOR OF FACILITIES 40.00 X 104931 0 16678 330143 0 36448 2 0 1 0 SOUTHEASTERN SERVICE GROUP INC 1501 HIGHWOODS BLVD 301 GREENSBORO NC 27410 JANITORIAL/MAINTENANCE 188384 ADMIRAL SECURITY SERVICES 3717 NATIONAL DR RALEIGH NC 27612 SECURITY 175340 SIEMENS MEDICAL SOLUTIONS USA INC 40 LIBERTY BOULEVARD MALVERN PA 19355 MRI SERVICE/REPAIR 144305 3 1444259 1444259 MANAGEMENT FEE INCOME 531110 2637480 2637480 RENTAL INCOME 531110 1935974 1935974 4573454 20813 20813 MISCELLANEOUS REVENUE 531110 39734 39734 39734 6078260 4613188 0 20813 268792 201594 67198 1072307 804230 268077 51347 38510 12837 58365 43774 14591 84404 63303 21101 7077 5308 1769 47291 35468 11823 36370 27277 9093 56266 42199 14067 30498 22877 7621 988678 741446 247232 1567 1175 392 812887 609665 203222 2536998 1902748 634250 114187 85640 28547 MAINTENANCE AND REPAIRS 1103959 848026 255933 SECURITY EXPENSE 159075 119306 39769 JSNN CONSUMABLES 144242 144242 TELEPHONE AND NETWORK S 82699 62024 20675 10879 8158 2721 7667888 5806970 1860918 0 3 2278319 2880651 430193 103978 122932 98824 102496381 29491996 75392203 73004385 1194881 2800577 79418528 78888418 350891 341360 752517 747932 19482882 19287184 2035790 3305122 22622080 23681598 X 56796448 55206820 56796448 55206820 79418528 78888418 -1589628 0 X 0 1 X 1 0 X 1202444 1051071 1009514 1731444 1444259 6438732 236250 236250 236250 236250 236250 1181250 1438694 1287321 1245764 1967694 1680509 7619982 7619982 4221 6337 16251 28432 20813 76054 51018 95291 46938 29438 39734 262419 7958455 21900729 0.95750 0.95980 X SCHEDULE A, PART II, LINE 8 OTHER INCOME IS UNCATEGORIZED PROGRAM SERVICE RELATED INCOME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 90985355 18670983 72314372 11417621 10734057 683564 93405 86956 6449 73004385 FAIR VALUE OF INTEREST RATE SWAP 2800577 DEFERRED BENEFIT FROM ECONOMIC DEVELOPMENT GRANT 504545 3305122 6314509 236250 236250 6078259 1 1 6078260 7904137 236250 236250 7667887 1 1 7667888 PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 1. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 1. X 0 0 0 0 0 0 0 0 0 MR JOHN R MERRILL EXECUTIVE DIRECTOR THRU 3.27 225212 0 0 0 0 0 15229 0 4541 0 244982 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 GATEWAY RESEARCH PARK HAS A CONTRACTUAL AGREEMENT WITH UNION SQUARE CAMPUS, INC., A 501(C)(3)NONPROFIT, TO PROVIDE FACILITIES AND MANAGEMENT SERVICES. HAROLD L. MARTIN, SR. AND FRANKLIN GILLIAM, JR. SERVE ON THE BOARD OF DIRECTORS OF GATEWAY AND ARE ALSO ON THE BOARD OF DIRECTORS OF UNION SQUARE CAMPUS. THE BOARD OF DIRECTORS OF GATEWAY RESEARCH PARK ONLY APPROVE THE CONTRACTUAL AGREEMENTS WITH UNION SQUARE CAMPUS, AND ARE NOT INVOLVED IN THE DAY-TO-DAY MANAGEMENT DECISIONS AT UNION SQUARE CAMPUS. HAROLD L. MARTIN, SR. AND FRANKLIN GILLIAM, JR., RESCUE THEMSELVES FROM ANY CONFLICTING BOARD DECISIONS. FORM 990, PART VI, SECTION A, LINE 4 BYLAWS WERE UPDATED TO REFLECT A CHANGE TO THE POSITION OF VICE CHAIR OF THE BOARD OF DIRECTORS. THE CHANGE IS EFFECTIVE JULY 1, 2020. FORM 990, PART VI, SECTION B, LINE 11B WITH OVERSIGHT FROM THE EXECUTIVE DIRECTOR, GATEWAY'S DIRECTOR OF ADMINISTRATION AND THE BUSINESS OFFICER COMPILE THE INFORMATION TO BE SUBMITTED TO THE ACCOUNTING FIRM. THE EXECUTIVE DIRECTOR REVIEWS THE DRAFT OF THE FORM 990 WHEN PREPARED, AND THE DRAFT FORM 990 ALSO IS PRESENTED TO THE BOARD'S AUDIT COMMITTEE FOR REVIEW (PRIOR TO FILING). THE FINAL REPORT IS PRESENTED TO THE BOARD OF DIRECTORS AS PART OF GATEWAY RESEARCH PARK'S ANNUAL REPORT (PRIOR TO FILING). FORM 990, PART VI, SECTION B, LINE 12C AT THE ANNUAL JANUARY BOARD MEETING, THE ORGANIZATION DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND ASKS MEMBERS TO SIGN THOSE AND RETURN AS QUICKLY AS POSSIBLE. THE DIRECTOR OF ADMINISTRATION OR BUSINESS OFFICER THEN FOLLOWS-UP WITH EACH INDIVIDUAL TO BE SURE OF THEIR RECEIPT AND THAT FULL DISCLOSURE OF POSSIBLE CONFLICTS OF INTERESTS (IF ANY) IS DISCUSSED AND RESOLVED WITH THE BOARD. POLICIES ARE THEN FILED IN GATEWAY'S BOARD BOOK. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD OF DIRECTORS PERFORMS AN ANNUAL PERFORMANCE REVIEW FOR THE EXECUTIVE DIRECTOR. INCREASES OR DECREASES IN SALARY ARE MADE BASED ON THE BOARD'S RECOMMENDATION. PAGE 6, PART VI, LINE 15B. PERSONNEL RECEIVE AN ANNUAL PERFORMANCE REVIEW BY GATEWAY'S EXECUTIVE DIRECTOR. SALARY RECOMMENDATIONS ARE AT THE DISCRETION OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 GATEWAY RESEARCH PARK, INC. PREPARES AND PROVIDES AN ANNUAL REPORT, WHICH CONTAINS AN AUDITED FINANCIAL REPORT AND FORM 990, AS WELL AS A DESCRIPTION OF THE ORGANIZATION'S ACTIVITIES DURING THE PRIOR YEAR. OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.