2019-05-03T15:41:28-05:00 2018-12-31 452394119 Ingrid Edwards CPA PC 8500 N Mopac Suite 605 Austin TX 78759 990 2018-01-01 300200691 LEARN LONESTAR EDUCATION AND RESEARCH NETWORK C/O PANKAJ SHAH LEAR 8067437878 PO BOX 16920 LUBBOCK TX 79490 PANKAJ SHAH PRESIDENT AND CEO 5124758754 2019-04-29 INGRID EDWARDS CPA P01355568 5125820118 X 71.42.239.227 2019-04-29 13:30:08 CD P 96F6582982FB4C43E156D0F4BA87DC12B43CFD5E 96F6582982FB4C43E156D0F4BA87DC12B43CFD5E 2018 2020-01-14 16:20:31Z PANKAJ SHAH PO BOX 16920 LUBBOCK TX 79490 7555092 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. 39 39 18 0 0 0 0 0 6869795 6372981 105382 282011 794823 900100 7770000 7555092 0 0 0 0 368582 521571 0 0 0 6023849 6325463 6392431 6847034 1377569 708058 25111112 26621839 848882 1651551 24262230 24970288 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 5698887 7555092 THE CREATION AND DEVELOPMENT OF INFRASTRUCTURE FOR SUPPORTING THE DEVELOPMENT OF A STATEWIDE FIBER OPTIC NETWORK. 5698887 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 12 0 18 1 0 0 0 0 0 0 0 0 0 0 X 39 39 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 MIDHAT ASGHAR 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 JOHN D YODER JR DIRECTOR 0.00 X 0 0 0 CHUCK SUITOR DIRECTOR 0.00 X 0 0 0 KAY RHODES DIRECTOR 0.00 X X 0 0 0 BOB HARTLAND DIRECTOR 0.00 X X 0 0 0 SAM SEGRAN DIRECTOR 0.00 X 0 0 0 CHRIS SEDORE DIRECTOR 0.00 X 0 0 0 LARRY MENDEZ 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 DARNELL WALKER DIRECTOR 0.00 X 0 0 0 JEFF NEYLAND DIRECTOR 0.00 X 0 0 0 RICHARD KING 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 BRYAN WILSON 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 RAMA DHUWARAHA DIRECTOR 0.00 X 0 0 0 MICHAEL HITES DIRECTOR 0.00 X 0 0 0 CLAIR GOLDSMITH 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 MICKEY SLIMP DIRECTOR 0.00 X 0 0 0 MICHEAL WELCH DIRECTOR 0.00 X 0 0 0 GERARDO RODRIGUEZ DIRECTOR 0.00 X 0 0 0 JIM BRADLEY DIRECTOR 0.00 X 0 0 0 PANKAJ SHAH PRESIDENT AND CEO 40.00 X 215634 0 43446 AKBAR KARA EMPLOYEE 40.00 X 206807 0 18500 422441 0 61946 2 0 1 0 0 NETWORK SERVICES 611710 6372981 6372981 6372981 282011 282011 MEMBERSHIP DUES 611710 800000 800000 OTHER INCOME 611710 100100 100100 900100 7555092 7555092 0 0 354832 354832 138510 138510 28229 17841 10388 1228639 660464 568175 48144 48144 28326 28326 77795 21805 55990 9353 9353 33856 3515 30341 53507 11430 42077 24310 24310 176320 118009 58311 51421 51421 1437996 1435512 2484 50407 50407 NETWORK SERVICES 2065807 2065807 MAINTENANCE 1009357 1009357 MEMBERSHIP DUES 22970 22970 UTILITIES AND MAINTENAN 5401 5401 1854 315 1539 6847034 5698887 1148147 0 13784918 15017729 235367 421531 174308 174542 11691348 8825804 2075048 2865544 4948472 4882248 3891099 3258345 1900 1900 25111112 26621839 198483 1044557 612093 548812 38306 58182 848882 1651551 X 24262230 24970288 24262230 24970288 25111112 26621839 708058 0 X X 1 X 1 X 1 0 X 780000 780000 780000 790000 800000 3930000 780000 780000 780000 790000 800000 3930000 0 0 0 3930000 51061 72963 87633 105381 282011 599049 51061 72963 87633 105381 282011 599049 7600 4823 100100 112523 831061 852963 875233 900204 1182111 4641572 0.84670 0.91290 0.12910 0.08430 X 11691348 8825804 2865544 2865544 FIXED INCOME BONDS 4882248 C 4882248 CAPITAL LEASE PAYABLE 23306 ACCRUED VACATION PAY 28441 CREDIT CARD PAYABLE 6435 58182 7608054 52962 52962 7555092 0 7555092 6852633 0 6852633 -5599 -5599 6847034 Part XI, Line 2d - Other Adjustments: UNREALIZED LOSS ON INVESTMENTS 47366. REBATES NETTED AGAINST EXPENSES 5597. ROUNDING ADJUSTMENT -1. Part XII, Line 4b - Other Adjustments: REBATES NETTED AGAINST EXPENSES -5597. ROUNDING ADJUSTMENT -2. 0 0 0 0 0 0 0 0 0 PANKAJ SHAH PRESIDENT AND CEO 215634 0 0 0 0 0 24500 0 18946 0 259080 0 0 0 AKBAR KARA EMPLOYEE 206807 0 0 0 0 0 18500 0 0 0 225307 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 MIDHAT ASGHAR - 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. JOHN D. YODER JR. - UT HEALTH SCIENCE CENTER AT TYLER, 11937 US HWY 271, TYLER, TX 75708-3154. 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. CHRIS SEDORE - UNIV. OF TX AT AUSTIN,1 UNIVERSITY STATION STOP C3800, AUSTIN, TX 78712. LARRY MENDEZ - TX ASSOC OF COMMNTY COLLEGES, TYLER JR CLG 1327 S. BAXTER AVE 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. DARNELL WALKER - UT SOUTHWESTERN MEDICAL CNTR AT DALLAS, 5323 HARRY HINES BL DALLAS, TX 75390. JEFF NEYLAND - UNIV. OF TX AT ARLINGTON 200E. LOOP 820, FORT WORTH, TX 76112. RICHARD KING - 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. BRYAN WILSON - 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. RAMA DHUWARAHA - 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. CLAIR GOLDSMITH - 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. PANKAJ SHAH - 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. GERARDO RODRIGUEZ - TEXAS TECH UNIVERSITY, 5001 CONCEPCION ST., EL PASO, TX 79905. JIM BRADLEY - TRINITY UNIVERSITY, ONE TRINITY PLACE, SAN ANTONIO, TX 78212. Form 990, Part XII, Line 2c: NO CHANGES IN PROCESS FROM PRIOR YEARS