2020-03-20T14:41:06-05:00 2018-12-31 561445619 NEAL BRADSHER & TAYLOR PA 4721 EMPEROR BOULEVARD SUITE 130 DURHAM NC 27703 990 2018-01-01 134302280 FORWARD CITIES INC FORW 9199284480 703 FOSTER STREET DURHAM NC 27701 CHRISTOPHER GERGEN CEO & CO-FOUNDER 9199284480 2020-03-15 1 MICHAEL CLONCH P01380043 9194893369 174.99.155.26 2020-03-20 15:42:23 ED P CF751D408EDA82B8CD3249AB10FD14F53770A64F 5D013EDE3C5F08EB76B9B225D37EEC4506DFEE7B 2018 2021-01-29 14:40:06Z CHRISTOPHER GERGEN 703 FOSTER STREET DURHAM NC 27701 1431165 0 X FORWARDCITIES.ORG X 2005 NC TO CREATE OPPORTUNITIES FOR SHARED PROSPERITY THROUGH INCLUSIVE AND EQUITABLE ENTREPENEURIAL ECOSYSTEM DEVELOPMENT. 9 7 11 20 0 0 882356 530891 27397 877500 0 0 3000 22774 912753 1431165 285000 0 0 0 170400 450522 0 0 0 303727 647657 759127 1098179 153626 332986 339193 655260 214578 197659 124615 457601 CONNECT CROSS SECTOR LEADERS WITH EACH OTHER AND WITH THE SMARTEST IDEAD AND PRACTICES FOR MOVING THE NEEDLE ON KEY DIMMENSIONS OF SUCCESS. 0 0 211746 FORWARD CITIES CONDUCTS RESEARCH THAT OFFERS NEW INSIGHT ON WHAT ENABLES CITIES TO THRIVE AND THAT PROVIDES ACTIONABLE STRATEGIES FOR CITIES. CIT VITALS IS THE ORGANIZATIONS SIGNATURE RESEARCH FRAMEWORK. THE ORGANIZATION BENCHMARKS CITY/REGIONAL PERFORMANCES IN FOUR AREAS THAT ARE MOST VITAL TO CITY SUCESS: CONNECTIONS, INNOVATIONS, TALENT AND YOUR DISTINTIVENESS. 599412 A CROSS-CITY INITIATIVE HELPING RURAL, SMALL, AND MEDIUM-SIZED COMMUNITIES ACROSS THE STATE TRANSITION TO A KNOWLEDGE-BASED ECONOMY BY DEVELOPING VIBRANT INNOVATION ECOSYSTEMS. AN INNOVATION ECOSYSTEM IS A COLLECTION OF PEOPLE, ORGANIZATIONS, POLICIES, AND PROGRAMS THAT PRODUCE GOODS AND SERVICES THAT ARE NEW, HIGHLY VALUED, AND HARD TO REPLICATE AND OUTSOURCE. THIS PROGRAM IS A PUBLIC-PRIVATE PARTNERSHIP BETWEEN FORWARD CITIES AND THE NORTH CAROLINA DEPARTMENT OF COMMERCE'S OFFICE OF SCIENCE, TECHNOLOGY, AND INNOVATION. 811158 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 9 0 1 11 1 0 0 0 0 0 0 0 0 0 0 X 9 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MATT HUGHES 9199284480 703 FOSTER STREET DURHAM NC 27701 BRIAN PAYNE CHAIR 1.00 X X 0 0 0 WALKER SANDERS VICE CHAIR 1.00 X X 0 0 0 CATHY BELK TREASURER 1.00 X X 0 0 0 PAUL S GROGAN MEMBER 1.00 X 0 0 0 TAWANNA BLACK MEMBER 1.00 X 0 0 0 MAURICE JONES MEMBER 1.00 X 0 0 0 MELISSA BRADLEY MEMBER 1.00 X 0 0 0 CHRISTOPHER GERGEN CEO 40.00 X 151875 0 0 151875 0 0 1 0 1 0 0 75761 455130 530891 PROGRAM FEES 900099 877500 877500 877500 MISCELLANEOUS 900099 22774 22774 22774 1431165 900274 0 0 151875 91125 60750 234606 140764 93842 64041 38425 25616 30349 30349 89185 89185 16500 16500 34785 34785 25839 25839 13500 13500 88038 88038 334858 334858 2340 2340 MISCELLANEOUS 12263 12263 1098179 811158 287021 0 26319 277465 60000 0 245310 376295 7564 0 0 0 0 0 1500 339193 655260 24578 25159 190000 172500 214578 197659 X 124615 457601 124615 457601 339193 655260 332986 0 X X 1 X 0 1 0 X 562022 884894 644032 909753 1408391 4409092 562022 884894 644032 909753 1408391 4409092 4409092 354 354 350 300 3000 5000 8650 4418096 0.99800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER GERGEN CEO 151875 0 0 0 0 0 0 0 0 0 151875 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATIONS PRESIDENT/CEO AND MANAGER OF FIANANCE REVIEW THE DRAFT FORM 990. THEN EMAIL THE DRAFT RETURN TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. THEIR QUESTIONS OR COMMENTS ARE DIRECTED BACK TO THE PRESIDENT/CEO AND MANAGER OF FINANCE AND THE RETURN IS FINALIZED WITH ANY REVISIONS. A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ANNUAL FULL DISCLOSURE, IN WRITING, OF ALL POTENTIAL CONFICTS OF INTERESTED PARTIES TO THE ORGANIZATION. ALL POTENTIAL CONFLICTS OF INTEREST REPORTED TO THE BOARD ARE REVIEWED AND VOTED ON AS TO WHETHER ANY FURTHER ACTION IS REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 BUDGET APPROVAL PROCESS WHICH THAT SALARY IS EXPLICIT IN THE CONTEXT OF THE BUDGET AND REFLECTED IN THE EMPLOYEMENT AGREEMENT. FORM 990, PART VI, SECTION C, LINE 18 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: BOARD AND CEO REVIEWS DRAFT FINANCIAL STATEMENTS AND 990 FOR APPROVAL. THE RETURN WAS DUE NOVEMBER 15, 2019 WITH EXTENSION. DUE TO TURNOVER IN THE ACCOUNTING DEPARTMENT INFORMATION WAS NOT READILY AVAILABLE TO CORRECTLY PREPARE THE RETURN. WE HAVE BEEN IN COMPLIANCE WITH ALL FILING REQUIREMENT UNTIL THIS YEAR. WE ARE REQUESTING ABATEMENT OF ALL PENALTIES UNDER THE FIRST TIME ABATEMENT REGULATIONS.