2020-05-08T10:53:39-05:00 2019-12-31 452394119 Ingrid Edwards CPA PC 8500 N Mopac Suite 605 Austin TX 78759 990 2019-01-01 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 2020-04-29 INGRID EDWARDS CPA P01355568 5125820118 X 71.42.239.227 2020-04-29 16:00:06 CD P DCD8D709E2566E7113E9B6386F68FB853917F6EE DCD8D709E2566E7113E9B6386F68FB853917F6EE 2019 2020-09-23 17:36:50Z AKBAR KARA PO BOX 16920 LUBBOCK TX 79490 8605914 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. 36 36 18 0 0 0 0 0 6372981 6222660 282011 249754 900100 911300 7555092 7383714 0 0 0 0 521571 549235 0 0 0 6325463 6517791 6847034 7067026 708058 316688 26621839 25944061 1651551 657085 24970288 25286976 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 5973797 7422402 THE CREATION AND DEVELOPMENT OF INFRASTRUCTURE FOR SUPPORTING THE DEVELOPMENT OF A STATEWIDE FIBER OPTIC NETWORK. 5973797 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 10 0 18 1 0 0 0 0 0 0 0 0 0 0 X 36 36 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 M DEE CHILDS 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 MARK SMITH DIRECTOR 0.00 X 0 0 0 CHUCK SUITOR DIRECTOR 0.00 X 0 0 0 KAY RHODES DIRECTOR 0.00 X 0 0 0 BOB HARTLAND DIRECTOR 0.00 X 0 0 0 SAM SEGRAN DIRECTOR 0.00 X 0 0 0 VACANT DIRECTOR 0.00 X 0 0 0 MIKE SEARIGHT DIRECTOR 0.00 X 0 0 0 MARK C ADAMS DIRECTOR 0.00 X 0 0 0 ED EVANS DIRECTOR 0.00 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 STEPHEN RITER DIRECTOR 0.00 X 0 0 0 TODD A LEACH 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 X 0 0 0 PRISCILLA A PARSONS 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 RAECHELLE CLEMMONS 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 SCOTT WILLETT DIRECTOR 0.00 X 0 0 0 KENNETH PIERCE DIRECTOR 0.00 X X 0 0 0 KLARA JELINKOVA DIRECTOR 0.00 X 0 0 0 JERRY RODRIGUEZ DIRECTOR 0.00 X 0 0 0 VACANT DIRECTOR 0.00 X 0 0 0 MICKEY SLIMP DIRECTOR 0.00 X 0 0 0 MICHEAL WELCH DIRECTOR 0.00 X 0 0 0 JIM BRADLEY DIRECTOR 0.00 X 0 0 0 PANKAJ SHAH PAST PRESIDENT AND CEO 40.00 X 220999 0 43997 AKBAR KARA NEW PRESIDENT AND CEO 40.00 X 210229 0 19000 431228 0 62997 2 0 1 0 0 NETWORK SERVICES 611710 6222660 6222660 6222660 288442 288442 1183512 1175119 47081 8393 -47081 -38688 -38688 MEMBERSHIP DUES 611710 800000 800000 OTHER INCOME 611710 111300 111300 911300 7383714 7422402 0 -38688 507999 415149 92850 12500 12500 28736 21362 7374 1342531 755088 587443 1461 1461 30143 30143 38300 38300 31219 31219 19363 3598 15765 45026 2844 42182 23616 23616 159655 105012 54643 87928 87928 1514491 1511997 2494 42458 42458 NETWORK SERVICES 1775109 1775109 MAINTENANCE 1371090 1371090 MEMBERSHIP DUES 25470 25470 UTILITIES AND MAINTENAN 4552 4552 5379 48 5331 7067026 5973797 1093229 0 15017729 15441006 421531 212158 174542 244691 8221949 5511851 2865544 2710098 4882248 4755062 3258345 2579146 1900 1900 26621839 25944061 1044557 197608 548812 391062 58182 68415 1651551 657085 X 24970288 25286976 24970288 25286976 26621839 25944061 316688 0 X 0 0 0 X 780000 780000 790000 800000 800000 3950000 780000 780000 790000 800000 800000 3950000 0 0 0 3950000 72963 87633 105381 282011 296199 844187 72963 87633 105381 282011 296199 844187 7600 4823 100100 111300 223823 852963 875233 900204 1182111 1207499 5018010 0.78720 0.84670 0.16820 0.12910 X 8221949 5511851 2710098 2710098 FIXED INCOME BONDS 4755062 C 4755062 CAPITAL LEASE PAYABLE 8306 ACCRUED VACATION PAY 9201 CREDIT CARD PAYABLE 50908 68415 7410612 26898 26898 7383714 0 7383714 7093923 0 7093923 -26897 -26897 7067026 Part XI, Line 2d - Other Adjustments: ACCRUED INTEREST PAID 10210. ADVISORY FEES 12567. CREDIT CARD REBATES 4121. Part XII, Line 4b - Other Adjustments: REBATES NETTED AGAINST EXPENSES -4121. ACCRUED INTEREST PAID AND ADVISORY FEES NETTED AGAINST INVESTMENT INCOME -22776. 0 0 0 0 0 0 0 0 0 PANKAJ SHAH PAST PRESIDENT AND CEO 220999 0 0 0 0 0 25000 0 18997 0 264996 0 0 0 AKBAR KARA NEW PRESIDENT AND CEO 210229 0 0 0 0 0 19000 0 0 0 229229 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 1339, PRAIRIE VIEW, TX 77446. M. DEE CHILDS - TEXAS A&M UNIVERSITY, 1246 TAMU, COLLEGE STATION, TX 77843-1246. 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. MARK SMITH - TEXAS STATE LIBRARY & ARCHIVES COMMISSION PO BOX 12927, AUSTIN, TX 78711. CHUCK SUITOR - UT M.D. ANDERSON CANCER CNTR, 1515 HOLCOMBE RD, UNIT 570, HOUSTON, TX 77030. KAY RHODES - TEXAS TECH UNIVERSITY SYSTEM, P.O. BOX 45400, LUBBOCK, TX 79490-5400. BOB HARTLAND - BAYLOR UNIVERSITY, ONE BEAR PLACE #97086, WACO, TX 76798-7086. SAM SEGRAN - TEXAS TECH UNIVERSITY, BOX 42008, LUBBOCK, TX 79409-2008. VACANT - UNIV. OF TX AT AUSTIN,1 UNIVERSITY STATION STOP C3800, AUSTIN, TX 78712. MIKE SEARIGHT - TX ASSOC OF COMMNTY COLLEGES, TYLER JR CLG 1327 S. BAXTER AV TYLER, TX 75701. MARK C. ADAMS - 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 200E. LOOP 820, FORT WORTH, TX 76112. VACANT - TEXAS A&M HEALTH SCIENCE CENTER,ADRIANCE & STOTZER PRKWY,, COLLEGE STATION, TX 77843-1266. STEPHEN RITER - UNIV. OF TX AT EL PASO, 500 WEST UNIVERSITY AVE., EL PASO, TX 79968. TODD A. LEACH - UNIVERSITY OF TEXAS MEDICAL BRANCH, 301 UNIVERSITY BLVD., GALVESTON, TX 77555-0113. MARK STONE - TEXAS A&M UNIVERSITY SYSTEM,4244 TAMU, COLLEGE STATION, TX 77843-4244. 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. PRISCILLA A PARSONS - LAMAR UNIVERSITY P.O. BOX 10020, PAR 101, 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, 320 STUDENT SERVICE CTR 1, HOUSTON, TX 77204-2017. DOUGLAS FOX - ANGELO STATE UNIVERSITY, ASU STATION #11020, SAN ANGELO, TX 76909. RAECHELLE CLEMMONS - TEXAS WOMEN'S UNIVERSITY, P.O. BOX 425798, DENTON, TX 76204. CHRIS MCCOY - UNIV OF N.TEXAS SYSTEM 3940 N. ELM ST.,, DENTON, TX 76207. MICHAEL HITES - SOUTHERN METHODIST UNIVERSITY,P.O. BOX 750262, DALLAS, TX 75275-0262. SCOTT WILLETT - UNIV OF TEXAS SYSTEM, 210 W 6TH ST. 2ND FL MAIL CODE P2600, AUSTIN, TX 78701. KENNETH PIERCE - TEXAS STATE UNIV. SAN MARCOS 601 UNIVERSITY DR. JCK 940, SAN MARCOS, TX 78666. KLARA JELINKOVA - RICE UNIVERSITY,P.O. BOX 1892, MS 119, HOUSTON, TX 77251-1892. JERRY RODRIGUEZ - TX TECH UNIV HLTH SCIENCE CTR AT EL PASO, 4801 ALBERTA AVE EL PASO, TX 79905. VACANT - BAYLOR COLLEGE OF MEDICINE, 1 BAYLOR PLAZA, MS 204, HOUSTON, TX 77030-3411. MICKEY SLIMP - NE TX CONSORTIUM OF COLLEGES & UNIVRS., 11937 US HWY 271, TYLER, TX 75708-3154. MICHEAL WELCH - BLINN COLLEGE, P.O. BOX 6030, BRYAN, TX 77805. JIM BRADLEY - TRINITY UNIVERSITY, ONE TRINITY PLACE, SAN ANTONIO, TX 78212. PANKAJ SHAH - P.O. BOX 16920, LUBBOCK, TX 79490-5400.