2019-11-15T08:35:02-06:00 2018-12-31 431305800 UHY ADVISORS MO INC 15 SUNNEN DRIVE SUITE 100 ST LOUIS MO 631433819 990 2018-01-01 300082817 CORTEX CORT 3145314500 4320 FOREST PARK AVENUE NO 201 ST LOUIS MO 63108 DENNIS LOWER PRESIDENT & CEO 3145314500 2019-11-14 1 DENISE PISCIOTTA P00560435 3146151200 2019-11-14 209.99.101.4 2019-11-14 13:56:16 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 FD4119AD276F92F275D9BB3736BF2AA1CC48D7B8 2018 2020-04-17 16:48:07Z DENNIS LOWER 4320 FOREST PARK AVE ST LOUIS MO 63108 10380283 0 X WWW.CORTEXSTL.COM X 2002 MO FOUNDED IN 2002, CORTEX MISSION IS THE CREATION OF THE MIDWEST'S PREMIER INNOVATION HUB OF BIOSCIENCE AND TECHNOLOGY RESEARCH, DEVELOPMENT AND COMMERCIALIZATION, SERVING AS THE ANCHOR OF ST. LOUIS' GROWING ECOSYSTEM FOR INNOVATIVE STARTUP PROGRAMS AND ESTABLISHED COMPANIES THROUGH URBAN REVITALIZATION. 24 23 14 0 0 0 20832582 8150800 2178126 2087901 -3575 14474 111364 127108 23118497 10380283 0 522500 0 0 679355 721978 0 0 18267 8709648 3663586 9389003 4908064 13729494 5472219 78013452 85549039 41699052 43762421 36314400 41786618 X FOUNDED IN 2002, CORTEX MISSION IS THE CREATION OF THE MIDWEST'S PREMIER INNOVATION HUB OF BIOSCIENCE AND TECHNOLOGY RESEARCH, DEVELOPMENT AND COMMERCIALIZATION, SERVING AS THE ANCHOR OF ST. LOUIS' GROWING ECOSYSTEM FOR INNOVATIVE STARTUP PROGRAMS AND ESTABLISHED COMPANIES THROUGH URBAN REVITALIZATION. 0 0 4155146 522500 2215009 IN ADDITION TO CORTEX'S ACQUISITION/DEVELOPMENT OF REAL ESTATE AND THE PROMOTION OF DEVELOPMENT ACTIVITIES OF THE CORTEX INNOVATION DISTRICT, CORTEX SERVES AS THE MANAGER OF ST. LOUIS LAND COMPANY, L.L.C. (SLLC) A MISSOURI LIMITED LIABILITY COMPANY, THAT SERVES AS A LAND HOLDING ENTITY IN THE REVITALIZATION OF AN APPROXIMATE 200 ACRE TRACT OF LAND IN MIDTOWN ST. LOUIS THAT WILL SERVE AS A CENTER OF RESEARCH, TECHNOLOGY AND ENTREPRENEURIAL EXCHANGE. CORTEX IS THE MANAGER OF SLLC AND INCURRED EXPENSES IN DEVELOPING AND MAINTAINING THE PROPERTIES. 124183 ENTREPRENEURIAL DEVELOPMENT PROGRAM- START-UP CONNECTION 4279329 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 1 1 0 0 1 24 0 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 23 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MIKE BOZOVICH 3145314500 4320 FOREST PARK AVE STE 201 SAINT LOUIS MO 63108 DENNIS LOWER PRESIDENT 40.00 X X 353258 0 72779 JOHN DUBINSKY DIRECTOR 3.00 X 0 0 0 HENRY WEBBER CHAIRMAN 9.00 X X 0 0 0 LEWIS A LEVEY DIRECTOR 3.00 X 0 0 0 DWAUN WARMACK DIRECTOR 3.00 X 0 0 0 ROBERT CANNON DIRECTOR 1.00 X 0 0 0 THOMAS F GEORGE DIRECTOR 3.00 X 0 0 0 DONN RUBIN SECRETARY 2.00 X X 0 0 0 MARK WRIGHTON DIRECTOR 3.00 X 0 0 0 RODNEY CRIM EX-OFFICIO 1.00 X 0 0 0 OTIS WILLIAMS EX-OFFICIO 1.00 X 0 0 0 DAVID HEIMBURGER DIRECTOR 3.00 X 0 0 0 FRED PESTELLO VICE-CHAIRMAN 3.00 X X 0 0 0 TIM NOONAN TREASURER 0.50 X X 0 0 0 JAN HOLLOWAY DIRECTOR 1.00 X 0 0 0 PETER WYSE-JACKSON DIRECTOR 1.00 X 0 0 0 JOSEPH RODDY EX-OFFICIO 0.50 X 0 0 0 CHRIS SPILLING DIRECTOR 3.00 X 0 0 0 LINDA MARTINEZ EX-OFFICIO 1.00 X 0 0 0 JUNE FOWLER DIRECTOR 1.00 X 0 0 0 RICH LIEKWEG DIRECTOR 0.30 X 0 0 0 JENNY LODGE DIRECTOR 0.10 X 0 0 0 JONATHAN SMITH DIRECTOR 1.00 X 0 0 0 KRISTIN SOBOLIK DIRECTOR 1.00 X 0 0 0 MICHAEL SULLIVAN ASSISTANT SECRETARY & COO 40.00 X 195252 0 54573 AMY KIMBALL ASSISTANT SECRETARY 40.00 X 66171 0 25617 CHERYL MCKENNA 1118-4518 ASSISTANT TREASURER 40.00 X 42304 0 12090 656985 0 165059 2 0 1 0 TARLTON CORPORATION 5500 W PARK AVE ST LOUIS MO 63110 CONSTRUCTION SERVICES 6740595 HELLMUTH OBATA & KASSEBAUM 10 S BROADWAY SUITE 200 ST LOUIS MO 63102 ARCHITECT & DESIGN SERVICES 797055 LEWIS RICE FINGERSH 600 WASHINGTON AVE ST LOUIS MO 63101 LEGAL SERVICES 366790 ENHANCED VALUE STRATEGIES 1401 S BRENTWOOD BLVD ST LOUIS MO 63144 ACCOUNTING & REAL ESTATE SERVICES 108330 4 1708475 6442325 8150800 GROSS RENTAL INCOME 531120 2087901 2087901 2087901 14474 14474 MANAGEMENT FEE-SLLC 541900 122608 122608 MISCELLANEOUS INCOME 900099 4500 4500 127108 10380283 2215009 0 14474 522500 522500 538144 427585 97921 12638 102309 81290 18616 2403 48313 38387 8791 1135 33212 26389 6043 780 48255 48255 108860 53738 55122 40783 20038 20745 329079 298405 30674 25738 21213 3214 1311 43000 34405 8595 51935 21982 29953 275963 260456 15507 192513 179035 13478 421283 421283 1274047 1019238 254809 33752 27002 6750 TAXES AND LICENSES 366832 366832 SPONSORSHIP 178767 138517 40250 NMTC SERVICING 155000 155000 START UP CONNECTION 124183 124183 -6404 -6404 4908064 4279329 610468 18267 11372088 466158 1007593 9807 93079 235698 26616 136119 18660 7676 40043913 2296890 30274531 37747023 35220885 46946558 78013452 85549039 3030895 3121110 17183000 18163965 21485157 22477346 41699052 43762421 X 36314400 41786618 36314400 41786618 78013452 85549039 5472219 0 X 0 1 X 1 0 X 20395405 10893931 2999833 20832582 8143157 63264908 20395405 10893931 2999833 20832582 8143157 63264908 63264908 1725 1576 2111 7822 14474 27708 627503 331897 79068 111364 127108 1276940 64569556 0.97980 0.97770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12781729 12781729 16138862 1322017 14816845 10287097 634547 9652550 836225 340326 495899 37747023 DEFERRED RENT RECEIVABLE 1264616 INVESTMENT IN CORTEX WEST REDEVELOPMENT CORP 100 RESTRICTED FUNDS HELD IN ESCROW 1339104 DUE FROM AFFILIATES- CORTEX WEST MANAGEMENT CORP 12299032 DUE FROM AFFILIATES- CORTEX WEST REDEVELOPMENT CORP 47512 DUE FROM AFFILIATES- ST. LOUIS LAND COMPANY 16712 DUE FROM AFFILIATES- CENTER FOR EMERGING TECHNOLOGIES 24930 FINANCING FEES 845958 DUE FROM AFFILIATES- CORTEX COMMONS 85482 DEFERRED LEASE COSTS 556293 DUE FROM AFFILIATES- STL INNOVATION DIST 1450823 DUE FROM AFFILIATES- FP LLC 10293476 DEPOSITS 3000 CONSTRUCTION IN PROGRESS 7272925 DUE FROM AFFILIATES- CORTEX SUPPORT CORP 141542 DUE FROM AFFILIATES- INVEST MIDWEST 5071 DUE FROM AFFILIATES- CORTEX TDG1 6863904 PLEDGES RECEIVABLE 4436078 46946558 DUE TO AFFILIATES- NOTE PAYABLE- ST. LOUIS LAND COMPANY 3711079 SECURITY DEPOSITS 152993 DUE TO AFFILIATES- STL INNOVATION DIST 1450823 DUE TO AFFILIATES- FP LLC 10293476 DUE TO AFFILIATES- CORTEX TDG1 6863904 DUE TO AFFILIATES- INVEST MIDWEST 5071 22477346 11578737 186848 1011606 1198454 10380283 0 10380283 6409939 186847 1315028 1501875 4908064 0 4908064 PART XI, LINE 2D - OTHER ADJUSTMENTS: CORTEX WEST REDEVELOPMENT CORP AND SUBSIDIARIES-REVENUES 870,708. IN KIND DONATION (IMPUTED INTEREST)--ST. LOUIS LAND COMPANY 140,898. PART XII, LINE 2D - OTHER ADJUSTMENTS: CORTEX WEST REDEVELOPMENT CORP AND SUBSIDIARIES-EXPENSES 1,174,130. IMPUTED INTEREST EXPENSE - ST. LOUIS LAND COMPANY 140,898. 1 CENTER OF CREATIVE ARTS 524 TRINITY AVE ST LOUIS MO 63130 431395056 501(C)(3) 7500 GENERAL VENTURE CAFE ST LOUIS 4220 DUNCAN AVE ST LOUIS MO 63108 810818111 501(C)(3) 15000 GENERAL THE MAGIC HOUSE 516 S KIRKWOOD ROAD ST LOUIS MO 63122 510138441 501(C)(3) 500000 GENERAL 3 X X 0 0 0 0 0 0 0 0 0 DENNIS LOWER PRESIDENT 321122 0 32136 0 0 0 35326 0 37453 0 426037 0 0 0 MICHAEL SULLIVAN ASSISTANT SECRETARY & COO 180252 0 15000 0 0 0 19525 0 35048 0 249825 0 0 0 ST LOUIS LAND COMPANY LLC COMMON BOARD MEMBERS GENERAL X 8443021 3711079 0 1 1 3711079 MARK WRIGHTON HENRY WEBBER BOARD MEMBERS; CHAN & VICE CHAN WASHINGTON UNIV, ST. LOUIS 125116 CORTEX LEASED PARKING SPACES FROM WASHINGTON UNIVERSITY FOR A PORTION OF THE YEAR. THIS ARRANGEMENT ENDED IN 2018. DR. WRIGHTON IS THE CHANCELLOR AND MR WEBBER IS VICE-CHANCELLOR OF WASHINGTON UNIVERSITY, ST. LOUIS. 0 FORM 990, PART 1 THE SEEMINGLY LARGE EXCESS OF REVENUE OVER EXPENSES SHOWN ON PAGE 1 FOR BOTH THE CURRENT AND PRIOR YEARS IS RELATED TO TWO ITEMS. IN THE PRIOR YEAR, THE ORGANIZATION SOLD TIF BONDS THAT PROVIDED CASH TO INVEST IN INFRASTRUCTURE ASSETS IN THE DISTRICT. THESE ASSETS INCLUDE THE NEW PUBLIC TRANSIT STATION, A NEW LOW COST MEETING SPACE FOR TENANTS IN THE DISTRICT, AND PARKING FACILITIES THAT ALLOW DEVELOPMENT IN THE AREA TO CONTINUE. THE SIGNIFICANT REDUCTION IN CASH DURING THE YEAR IS EVIDENCE OF THIS INVESTMENT. IN THE CURRENT YEAR, THE ORGANIZATION ENTERED INTO A LONG-TERM LEASE THAT WILL NOT REQUIRE CASH RENT. THE VALUE OF THIS DONATED SPACE WAS ALL RECOGNIZED IN THE YEAR IT WAS RECEIVED, ALTHOUGH NO CASH CHANGED HANDS. THIS IS THE MAIN REASON FOR THE CURRENT YEAR EXCESS OF REVENUE OVER EXPENSES. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 CORTEX HAS FOUR PERMANENT MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOUR PERMANENT MEMBERS ELECT EIGHT DIRECTORS (TWO EACH) AND THE BOARD ELECTS UP TO EIGHT DIRECTORS AND UP TO FIVE EX-OFFICIO DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS AND DIRECTORS OVERSEE THE ACTIONS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS GIVEN TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW AND MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BASED UPON ANSWERS TO THE CONFLICT OF INTEREST QUESTIONAIRE DISCUSSION IS HELD AMONG THE BOARD MEMBERS AS TO ANY ACTION NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIR AND VICE-CHAIR OF CORTEX REVIEW AND APPROVE THE COMPENSATION OF THE CEO. THE BOARD APPROVE AS PART OF THE OVERALL OPERATING BUDGET FORM 990, PART VI, SECTION C, LINE 19 ANY DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICES. ST LOUIS INNOVATION DISTRICT 4320 FOREST PARK AVE ST LOUIS MO 63108 REAL ESTATE DEVELOPMENT MO -63307 0 CORTEX 4260 FOREST PARK LLC 4320 FOREST PARK AVE ST LOUIS MO 63108 REAL ESTATE DEVELOPMENT MO -450645 25253807 CORTEX CORTEX TDG 1 LLC 4320 FOREST PARK AVE ST LOUIS MO 63108 OWN AND OPERATE PUBLIC PARKING GARAGE FACILITY MO -24692 8961785 CORTEX CENTER FOR EMERGING TECHNOLOGIES 4041 FOREST PARK AVE ST LOUIS MO 63108 431329843 PROMOTE CREATION & GROWTH OF NEW BUSINESSES MO 501(C)(3) LINE 7 CORTEX 0 CORTEX SUPPORT CORPORATION 4041 FOREST PARK AVE ST LOUIS MO 63108 812147807 SUPPORTING ORGANIZATION MO 501(C)(3) LINE 7 CORTEX 0 CORTEX WEST REDVELOPMENT CORP 4320 FOREST PARK AVE ST LOUIS MO 63108 201366201 REAL ESTATE DEVELOPMENT MO CORTEX C -91928 1.00000 0 CORTEX WEST MANAGEMENT CORP 4320 FOREST PARK AVE ST LOUIS MO 63108 262230724 MANAGEMENT MO CORTEX C -214846 11845880 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 CENTER FOR EMERGING TECHNOLOGIES Q 165425 REIMBURSEMENT FOR SALARIES & BENE CORTEX WEST REDEVELOPMENT CORP Q 35881 REIMBURSEMENT FOR SALARIES & BENE CORTEX WEST MANAGEMENT CORP Q 581862 REIMBURSEMENT FOR SALARIES & BENE