2019-10-15T15:57:08-05:00 2018-12-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 462400857 990 2018-01-01 810853467 16TECH COMMUNITY CORPORATION 16TE 3176382103 111 MONUMENT CIRCLE SUITE 1800 INDIANAPOLIS IN 46204 ROBERT W COY JR PRESIDENT 3176382103 2019-09-27 1 CASSE TATE P01271193 3175802000 2019-09-27 64.132.79.19 2019-09-27 10:23:37 ED P AE97FA5FFD574BDFBA8899C0E6AF8CD655A1EA55 AE97FA5FFD574BDFBA8899C0E6AF8CD655A1EA55 2018 2019-02-21 02:37:17Z ROBERT W COY JR 111 MONUMENT CIRCLE SUITE 1800 INDIANAPOLIS IN 46204 21448887 0 X WWW.16TECH.COM X 2015 IN 16 TECH COMMUNITY CORPORATION (16 TECH CC) IS DEDICATED TO THE CREATION OF THE 16 TECH INNOVATION DISTRICT, THE GEOGRAPHIC AREA DELIVERING A NEW APPROACH TO FOSTERING ECONOMIC GROWTH AND INNOVATION IN INDIANAPOLIS. 16 TECH CC EXPECTS TO CATALYZE THIS NEW FORM OF INNOVATION THROUGH A "PLACE-MAKING" STRATEGY, CREATING A ZONE OF ECONOMIC ACTIVITY DESIGNED WITH THE SPECIFIC PURPOSE OF ENGENDERING COLLABORATION AND INNOVATION AMONG INDIANA'S ADVANCED INDUSTRIES - LIFE SCIENCES, ADVANCED MANUFACTURING, AND TECH IN ALL ITS FORMS-AND LEADING ENTREPRENEURS. 11 4 0 11 0 0 10138523 21272457 0 0 9501 173573 5951 2857 10153975 21448887 0 0 0 0 292456 576551 0 0 100896 949584 1776202 1242040 2352753 8911935 19096134 14357777 33476040 582099 604228 13775678 32871812 X (I) TO FOSTER AND ENHANCE ECONOMIC DEVELOPMENT; TALENT ATTRACTION, DEVELOPMENT AND RETENTION; AND ENTREPRENEURIAL GROWTH IN THE CITY OF INDIANAPOLIS; (II) TO PROMOTE, ENCOURAGE AND ASSIST IN THE DEVELOPMENT OF A KNOWLEDGE COMMUNITY AND RELATED TECHNOLOGY PARK THAT WILL ATTRACT 0 0 1741205 16 TECH CC MADE SIGNIFICANT PROGRAMMATIC ACHIEVEMENTS IN 2018 AS THE DEVELOPMENT OF THE INNOVATION DISTRICT MOVED FROM PLANNING TO IMPLEMENTATION. THE ENGINEERING DESIGNS OF THE PUBLICLY FUNDED INFRASTRUCTURE WORK WERE COMPLETED, AND LAND ACQUISITION ENABLED SITE PREPARATION FOR THE DEVELOPMENT THE FALL CREEK BRIDGE PROJECT. A DEVELOPMENT AGREEMENT WITH BROWNING INVESTMENTS WAS ANNOUNCED TO CONSTRUCT THREE NEW BUILDINGS AND RENOVATE ONE FACILITY IN THE INITIAL DEVELOPMENT PHASE OF 16 TECH. GROUNDBREAKING OF 16 TECH WAS CELEBRATED IN DECEMBER ALONG WITH THE COMMENCEMENT OF CONSTRUCTION FOR THE FIRST NEW OFFICE BUILDING. ADDITIONAL HIGHLIGHTS IN 2018 INCLUDED THE EXPANSION OF THE 16 TECH CC TEAM INCLUDING A COO, DIRECTOR OF COMMUNITY INITIATIVES AND A DIRECTOR OF BUSINESS DEVELOPMENT, ALL OF WHICH ARE EMPLOYEES OF CICP UNDER THE MANAGEMENT SERVICES AGREEMENT. IN ADDITION, 16 TECH CC COMPLETED A MARKETING/ BRANDING STUDY AND NAMED THE ADVISORY MEMBERS TO ITS COMMUNITY INVESTMENT FUND WHICH WILL BEGIN ISSUING GRANTS IN 2019. 1741205 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 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 1 0 0 0 1 X 11 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 IN X LATOYA ALEXANDER BOTTERON 3175324802 111 MONUMENT CIRCLE STE 1800 INDIANAPOLIS IN 46204 X DAVID LAWTHER JOHNSON CHAIR 1.00 40.00 X X 0 614182 78403 BART PETERSON VICE CHAIR 1.00 X X 0 0 0 MATT GUTWEIN TREASURER 1.00 40.00 X X 0 404218 39951 TORY CASTOR SECRETARY 1.00 40.00 X X 0 389324 82356 DANIEL F EVANS JR DIRECTOR 1.00 X 0 0 0 JEFFREY HARRISON DIRECTOR 1.00 X 0 0 0 ANGELA SMITH JONES DIRECTOR 1.00 40.00 X 0 119999 0 KRISTIN MAYS-CORBITT DIRECTOR 1.00 X 0 0 0 MARYA ROSE DIRECTOR 1.00 X 0 0 0 WILLIAM STEPHAN DIRECTOR 1.00 40.00 X 0 325798 92000 RAINER FISCHER PHD DIRECTOR 1.00 40.00 X 0 753803 31875 ROBERT W COY JR PRESIDENT AND CEO 40.00 X 317723 0 65345 EMILY KRUEGER CHEIF OPERATING OFFICER 40.00 X 104467 0 15476 422190 2607324 405406 2 0 1 0 AMERICAN STRUCTUREPOINT INC 2700 MARKET TOWER 10 WEST MARKET ST INDIANAPOLIS IN 46204 INFRASTRUCTURE DESIGN & PLANNING SERVICE 2561408 JOHN J KISH AND ASSOCIATES INC PO BOX 68548 INDIANAPOLIS IN 46268 CONSULTING SERVICES 204369 BOWEN ENGINEERING 8802 N MERIDIAN STREET INDIANAPOLIS IN 46260 CONSTRUCTION CONTRACT 182664 ICE MILLER 1 AMERICAN SQ 2900 INDIANAPOLIS IN 46282 LEGAL SERVICES 178279 LAURA MILLER COMMUNICATIONS LLC PO BOX 78253 INDIANAPOLIS IN 46278 MARKETING CONSULTING SERVICES 175657 9 1519874 19752583 21272457 173573 173573 2857 0 2857 2857 2857 21448887 0 0 176430 503011 364683 50301 88027 45132 32721 4513 7898 4589 3327 459 803 23819 17269 2382 4168 114000 114000 428745 318772 109973 39731 22711 17020 5000 5000 375584 375584 22323 2548 19775 10303 10303 91046 91046 5374 5374 8252 8252 72413 72413 PROJECT EXPENSES 598216 598216 DUES AND SUBSCRIPTIONS 5215 5215 2352753 1741205 510652 100896 5088842 1148405 15026956 1345796 28719 30459 15027424 0 9240216 15027424 0 897000 14357777 33476040 168936 604228 413163 0 582099 604228 X 12736375 30572371 1039303 2299441 13775678 32871812 14357777 33476040 19096134 0 X X 0 1 X 1 0 X X X 6 INDIANA UNIVERSITY 356001673 6 1 0 0 INDIANA UNIVERSITY HEALTH INC 351955872 3 1 0 0 INDIANA BIOSCIENCES RESEARCH INSTITUTE INC 462882271 7 1 0 0 THE HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY 356005697 6 1 0 0 CENTRAL INDIANA CORPORATE PARTNERSHIP INC 352065459 10 1 0 0 THE CITY OF INDIANAPOLIS 356001063 6 1 0 0 6 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 2: TWO SUPPORTED ORGANIZATIONS DO NOT HAVE IRS DETERMINATION LETTERS. 1) THE HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY, INDIANA IS A MUNICIPAL CORPORATION AND POLITICAL SUBDIVISION OF THE STATE OF INDIANA. 2) THE CITY OF INDIANAPOLIS IS A LOCAL GOVERNMENTAL UNIT. PART IV, SECTION A, LINE 3B: CENTRAL INDIANA CORPORATE PARTNERSHIP IS A 501(C)(6). 16 TECH CC HAS ACCESS TO AND HAS REVIEWED THE PUBLIC SUPPORT TEST AND THE RELATED UNDERLYING SUPPORT DOCUMENTATION TO PROVIDE CONFIRMATION. PART IV, SECTION A, LINE 3C: ALL SUPPORT PROVIDED BY CENTRAL INDIANA CORPORATE PARTNERSHIP WILL BE REVIEWED BY BOTH CICP AND 16 TECH CC TO ENSURE IT IS CONSIDERED CHARITABLE IN NATURE. IF NEEDED, 16 TECH CC WILL ENGAGE ITS ATTORNEYS TO PROVIDE AN ASSESSMENT OF THE SUPPORT TO ENSURE IT IS EXCLUSIVELY FOR SECTION 170(C)(2)(B) PURPOSES PRIOR TO PROVIDING SUCH SUPPORT. 0 5000 5000 2347753 2352753 267638 66910 0 0 267638 267638 401457 5000 5000 66910 66910 100365 9231630 9231630 5795794 5795794 15027424 X 21448887 0 21448887 0 21448887 2352753 0 2352753 0 2352753 PART X, LINE 2: 16 TECH IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED FROM THE CODE. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THERE WAS NO UNRELATED BUSINESS INCOME FOR 2018 AND 2017. 16 TECH FILES U.S. FEDERAL AND INDIANA INFORMATION TAX RETURNS. 16 TECH IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2015. 1 X X X 0 0 0 0 0 0 0 0 0 DAVID LAWTHER JOHNSON CHAIR 0 498420 0 115000 0 762 0 0 0 78403 0 692585 0 0 MATT GUTWEIN TREASURER 0 404218 0 0 0 0 0 23524 0 16427 0 444169 0 0 TORY CASTOR SECRETARY 0 269144 0 117961 0 2219 0 62026 0 20330 0 471680 0 0 WILLIAM STEPHAN DIRECTOR 0 325798 0 0 0 0 0 81100 0 10900 0 417798 0 0 RAINER FISCHER PHD DIRECTOR 0 671928 0 63375 0 18500 0 16500 0 15375 0 785678 0 0 ROBERT W COY JR PRESIDENT AND CEO 297327 0 20000 0 396 0 0 0 65345 0 383068 0 0 0 PART I, LINE 3 ALL REPORTED COMPENSATION OF BOARD MEMBERS FOR THE 2018 TAX YEAR IS PROVIDED BY RELATED ORGANIZATIONS. 16 TECH CC DID NOT PROVIDE ANY COMPENSATION DURING THE 2018 TAX YEAR. THE PRESIDENT AND CEO, AND COO PAYROLL WAS PROVIDED BY CENTRAL INDIANA CORPORATE PARTNERSHIP (CICP) UNDER THE MANAGEMENT AGREEMENT. 16 TECH REIMBURSED CICP FOR THE EQUIVALENT PAYROLL. FORM 990, PART III, LINE 1 AND RETAIN NEW EMPLOYERS AND RELATED JOBS TO THE CITY OF INDIANAPOLIS; (III) TO FOSTER AND SUPPORT SCIENTIFIC RESEARCH AND RELATED TECHNOLOGY TRANSFER; (IV) TO SERVE AS A MULTIDISCIPLINARY HEALTH AND WELLNESS HUB FOR THE COMMUNITY, EMPLOYERS AND THE INDIVIDUALS THAT LIVE AND WORK WITHIN THE 16 TECH COMMUNITY; (V) TO PROMOTE, FURTHER AND SUPPORT THE EFFORTS OF THE "SUPPORTED ORGANIZATIONS" (AS DEFINED BELOW) IN THEIR STRATEGIC AND COORDINATED EFFORTS TO CREATE A DOWNTOWN TECHNOLOGY DISTRICT THAT WILL REVITALIZE 16 TECH AND THE SURROUNDING COMMUNITY, AND WILL ATTRACT EMPLOYERS, INCLUDING BUT NOT LIMITED TO LIFE SCIENCE, INFORMATION TECHNOLOGY AND OTHER TECHNOLOGY-INTENSIVE COMPANIES, AND INCREASE THE VISIBILITY AND LEADERSHIP OF THE CITY OF INDIANAPOLIS NATIONALLY AND ABROAD; (VI) TO CREATE, FURTHER OR SUPPORT EDUCATIONAL AND WORKFORCE PROGRAMS THAT STRENGTHEN THE 16 TECH AND SURROUNDING COMMUNITY; AND (VII)IN FURTHERANCE OF THE AFORESAID PURPOSES, TO TRANSACT ANY AND ALL LAWFUL BUSINESS FOR WHICH CORPORATIONS MAY BE INCORPORATED UNDER THE ACT, PROVIDED SUCH BUSINESS IS NOT INCONSISTENT WITH THE CORPORATION BEING ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES. NOTWITHSTANDING THE FOREGOING, THE CORPORATION IS ORGANIZED, AND AT ALL TIMES THEREAFTER WILL BE OPERATED, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF INDIANA UNIVERSITY ("IU"), INDIANA UNIVERSITY HEALTH ("IU HEALTH"), INDIANA BIOSCIENCES RESEARCH INSTITUTE, INC. ("IBRI"), THE HEALTH & HOSPITAL CORPORATION OF MARION COUNTY ("ESKENAZI HEALTH"), CENTRAL INDIANA CORPORATE PARTNERSHIP, INC. ("CICP"), AND THE CITY OF INDIANAPOLIS (HEREINAFTER REFERRED TO AS THE "SUPPORTED ORGANIZATIONS"). FORM 990, PART V, LINE 2B: ALL REQUIRED FEDERAL EMPLOYMENT TAX RETURNS FOR 16 TECH CC ARE FILED BY CENTRAL INDIANA CORPORATE PARTNERSHIP UNDER THE MANAGEMENT AGREEMENT AS REFERENCED FOR FORM 990, PART VII, SECTION A, LINE 4. FORM 990, PART VI, SECTION A, LINE 3 16 TECH CC DELEGATED ADMINISTRATIVE DUTIES TO CENTRAL INDIANA CORPORATE PARTNERSHIP (CICP) INCLUDING ACCOUNTING, HUMAN RESOURCES, AND GRANTS ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 11B 16 TECH CC'S 990 WILL BE REVIEWED AND APPROVED FOR CIRCULATION TO THE BOARD OF DIRECTORS PRIOR TO THE JUNE 2019 MEETING WHERE THE ANNUAL FILING WILL BE APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH BOARD MEMBER FOR ANNUAL DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15 THE PERFORMANCE AND COMPENSATION OF THE PRESIDENT AND CEO, AND COO IS REVIEWED, ANALYZED AND SET BY THE 16 TECH CC BOARD OF DIRECTORS, WHICH USES A DISTINCT SET OF COMPARABLES TO THE COMPENSATION OF OTHER EXECUTIVES IN SIMILAR POSITIONS IN OTHER ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART VI, SECTION A, LINE 1B. DAVID LAWTHER JOHNSON IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF CENTRAL INDIANA CORPORATE PARTNERSHIP, INC (CICP), WHICH IS A SUPPORTED ORGANIZATION. CICP PROVIDES ADMINISTRATIVE OVERSIGHT THROUGH A MANAGEMENT AGREEMENT. MATT GUTWEIN IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY, INDIANA, WHICH IS A SUPPORTED ORGANIZATION. TORY CASTOR IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF INDIANA UNIVERSITY HEALTH, WHICH IS A SUPPORTED ORGANIZATION. DANIEL EVANS IS A BOARD MEMBER OF 16 TECH CC, AND THE BOARD CHAIR OF INDIANA BIOSCIENCES RESEARCH INSTITUTE (IBRI), WHICH IS A SUPORTED ORGANIZATION. ANGELA SMITH JONES IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF THE CITY OF INDIANAPOLIS, INDIANA, WHICH IS A SUPPORTED ORGANIZATION. WILLIAM STEPHAN IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF INDIANA UNIVERSITY, WHICH IS A SUPPORTED ORGANIZATION. RAINER FISCHER IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF INDIANA BIOSCIENCES RESEARCH INSTITUTE (IBRI), WHICH IS A SUPORTED ORGANIZATION. FORM 990, PART VII, SECTION A, LINE 4. ALL REPORTED COMPENSATION OF BOARD MEMBERS AND EMPLOYEES FOR THE 2018 TAX YEAR IS PROVIDED BY RELATED ORGANIZATIONS. 16 TECH CC DID NOT PROVIDE ANY COMPENSATION DURING THE 2018 TAX YEAR. THE PRESIDENT AND CEO, AND COO PAYROLL WAS PROVIDED BY CENTRAL INDIANA CORPORATE PARTNERSHIP (CICP) UNDER THE MANAGEMENT AGREEMENT. 16 TECH REIMBURSED CICP FOR THE EQUIVALENT PAYROLL. FORM 990, PART XII, LINE 2C: 16 TECH CC'S FINANCE AND AUDIT COMMITTEE CONSISTS OF 3 MEMBERS OF THE BOARD OF DIRECTORS. THE AUDIT COMMITTEE OVERSEES ALL MATTERS RELATING TO AUDITING, ACCOUNTING AND FINANCIAL STATEMENTS, AND AUDITORS AND ACCOUNTANTS. 16 TECH DEVELOPER LLC 111 MONUMENT CIRCLE STE 1800 INDIANAPOLIS IN 46204 384082977 REAL ESTATE IN 0 0 16 TECH COMMUNITY CORPORATION INDIANA UNIVERSITY 400 E 7TH ST RM 501 BLOOMINGTON IN 47405 356001673 HIGHER EDUCATION IN GOVERNMENTAL ENTITY GOVERNMENTAL ENTITY 0 INDIANA UNIVERSITY HEALTH INC 950 N MERIDIAN STREET STE 300 INDIANAPOLIS IN 46204 351955872 TO IMPROVE THE HEALTH OF OUR PATIENTS AND COMMUNITY THROUGH CARE, EDUCATION, IN 501(C)(3) 501(C)(3) 0 INDIANA BIOSCIENCES RESEARCH INSTITUTE INC 1345 W 16TH ST 300 INDIANAPOLIS IN 46202 462882271 THE IBRI AIMS TO DISCOVER CURES TO METABOLIC DISEASES IN 501(C)(3) 501(C)(3) 0 THE HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY 2951 E 38TH ST 101 INDIANAPOLIS IN 46216 356005697 ADMINISTRATION OF THE DIVISIONS OF PUBLIC HEALTH AND PUBLIC HOSPITALS. IN COMPONENT OF CITY GO COMPONENT OF CITY GO 0 CENTRAL INDIANA CORPORATE PARTNERSHIP INC 111 MONUMENT CIRCLE STE 1800 INDIANAPOLIS IN 46202 352065459 SUPPORT COMMUNITY DEVELOPMENT IN CENTRAL INDIANA. IN 501(C)(6) 501(C)(6) 0 CITY OF INDIANAPOLIS 200 EAST WASHINGTON STREET SUITE 20 INDIANAPOLIS IN 46204 356001063 CITY GOVERNMENT IN CITY GOVERNMENT CITY GOVERNMENT 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 THE CITY OF INDIANAPOLIS C 1134874 FMV THE HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY C 60000 FMV INDIANA UNIVERSITY C 25000 FMV INDIANA UNIVERSITY HEALTH INC C 300000 FMV CENTRAL INDIANA CORPORATE PARTNERSHIP INC O 576551 FMV CENTRAL INDIANA CORPORATE PARTNERSHIP INC M 114000 FMV CENTRAL INDIANA CORPORATE PARTNERSHIP INC Q 19927 FMV SCHEDULE R, PART V, LINE 1(M) 16 TECH CC IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATIONS, WHICH INCLUDES CENTRAL INDIANA CORPORATE PARTNERSHIP, INC (CICP). 16 TECH CC DELEGATED ADMINISTRATIVE DUTIES TO CICP INCLUDING ACCOUNTING, HUMAN RESOURCES, AND GRANTS ADMINISTRATION. SCHEDULE R, PART V, LINE 1(O) SHARING OF PAID EMPLOYEES: CENTRAL INDIANA CORPORATE PARTNERSHIP, INC. (CICP) IS AFFILIATED WITH 16 TECH CC, 501(C)(3) CORPORATIONS. ALL REPORTED COMPENSATION OF BOARD MEMBERS AND EMPLOYEES FOR THE 2018 TAX YEAR IS PROVIDED BY RELATED ORGANIZATIONS. 16 TECH CC DID NOT PROVIDE ANY COMPENSATION DURING THE 2018 TAX YEAR. PAYROLL WAS PROVIDED BY CICP UNDER THE MANAGEMENT AGREEMENT. 16 TECH CC REIMBURSED CICP FOR THE EQUIVALENT PAYROLL. SCHEDULE R, PART V, LINE 1(P) AND (Q) TO THE EXTENT CENTRAL INDIANA CORPORATE PARTNERSHIP, INC (CICP) INCURS EXPENSES ON BEHALF OF 16 TECH CC, THE ENTITY REGULARLY REIMBURSES CICP. EACH MONTH CICP PREPARES AN INTERCOMPANY REPORT THAT DETAILS AMOUNTS DUE FROM 16 TECH CC, AND OWED TO CICP. 16 TECH CC PREPARES A SIMILAR RECONCILING REPORT OF THE AMOUNTS DUE TO CICP. REIMBURSEMENTS ARE MADE AS SOON AS POSSIBLE AFTER THE BOOKS ARE CLOSED EACH MONTH.