16 TECH COMMUNITY CORPORATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- 16 TECH COMMUNITY CORPORATION (EIN 81-0853467)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-01
- IRS object ID
- 201803059349301935
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-01T16:30:57-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 352123203 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KSM BUSINESS SERVICES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 40857 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 462400857 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810853467 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 16TECH COMMUNITY CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | 16TE | BusinessNameControlTxt |
| Phone | 3176382103 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE SUITE 1800 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT W COY JR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3176382103 | PhoneNum |
| Signature | 2018-10-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CASSE TATE | PreparerPersonNm |
| PTIN | P01271193 | PTIN |
| Phone | 3175802000 | PhoneNum |
| Preparation | 2018-10-09 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.132.79.19 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-10-09 | IPDt |
| IP Tm | 18:22:55 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | AE97FA5FFD574BDFBA8899C0E6AF8CD655A1EA55 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | AE97FA5FFD574BDFBA8899C0E6AF8CD655A1EA55 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBERT W COY JR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE SUITE 1800 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,153,975 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.16TECH.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2015 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,987,940 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,138,523 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$9,837 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,501 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $5,951 | CYOtherRevenueAmt |
| PY Total Revenue | $6,978,103 | PYTotalRevenueAmt |
| CY Total Revenue | $10,153,975 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $292,456 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $19,875 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,767,715 | PYOtherExpensesAmt |
| CY Other Expenses | $949,584 | CYOtherExpensesAmt |
| PY Total Expenses | $1,767,715 | PYTotalExpensesAmt |
| CY Total Expenses | $1,242,040 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,210,388 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $8,911,935 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,383,327 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,357,777 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $519,584 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $582,099 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,863,743 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $13,775,678 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | (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 | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $819,373 | ExpenseAmt |
| Desc | AT ITS HEART, THE 16 TECH INNOVATION DISTRICT IS SIMULTANEOUSLY A VISION, A PART OF A BROADER STRATEGY, AND A PLACE. THE VISION IS ONE OF MOMENTUM, DRIVING CENTRAL INDIANA TO THE LEVEL OF GLOBAL LEADER THROUGH TALENT ATTRACTION, DEVELOPMENT, AND RETENTION. THE STRATEGY RESTS ON THE SPECIFIC DESIGN AND CREATION OF AN INNOVATION DISTRICT OF INTENTIONAL INCLUSIVENESS DESIGNED TO ATTRACT THE BEST AND BRIGHTEST TO INDIANAPOLIS. THE PLACE IS A NEW URBAN DEVELOPMENT IN DOWNTOWN INDIANAPOLIS STRUCTURED PURPOSEFULLY TO COMPEL INNOVATION THROUGH THE COLLISION OF HIGH-TALENT INDIVIDUALS FROM MULTIPLE SECTORS. 16 TECH'S MAJOR OUTCOMES WILL BE GENERATED THROUGH THE CO-LOCATION OF INDIANA'S ADVANCED INDUSTRIES: LIFE SCIENCES, ADVANCED MANUFACTURING, AND TECH IN ALL ITS FORMS. 16 TECH PROVIDES A DEDICATED PLACE FOR BOTH START-UPS AND MATURE COMPANIES TO CREATE AND INNOVATE. THE CO-LOCATION OF UNIVERSITY RESOURCES, RESEARCH FACILITIES, AND CORPORATE ASSETS WILL BE SUPPORTED WITH WRAP-AROUND QUALITY-OF-LIFE SERVICES ENCOURAGING A LIVE, WORK, PLAY, AND LEARN ENVIRONMENT. THIS DESIGN WILL NOT ONLY ATTRACT THE BEST AND BRIGHTEST IN EACH INDUSTRY, BUT, MORE IMPORTANTLY, WILL PROVIDE THOUGHT LEADERS AND ENTREPRENEURS ACROSS THE TECHNOLOGY SPECTRUM WITH THE OPPORTUNITY TO MEET, COLLABORATE AND ACCELERATE INNOVATION. IN THE FIRST TEN YEARS, 16 TECH IS EXPECTED TO GENERATE MORE THAN 2,600 JOBS OF ALL SKILL LEVELS. THIS PROVIDES OPPORTUNITIES BOTH TO RECRUIT WORLD-CLASS TALENT AND ALSO TO RETAIN RECENT UNIVERSITY GRADUATES IN INDIANAPOLIS. THROUGH JOB TRAINING AND EDUCATION, WE ALSO HAVE THE OPPORTUNITY TO UPSKILL RESIDENTS IN THE NEIGHBORHOODS SURROUNDING THE 16 TECH INNOVATION DISTRICT FOR CAREERS CLOSE TO HOME. 16 TECH CC, HAS MET A NUMBER OF DEVELOPMENT MILESTONES TO DATE AND WITH MORE ON THE HORIZON IN THE NEXT TWO TO SIX MONTHS. | Desc |
| Total Program Service Expenses | $819,373 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 0 | Form8899Filedind |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LATOYA ALEXANDER BOTTERON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3175324802 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE STE 1800 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| DAVID LAWTHER JOHNSON | |||||||
| CHAIR | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $596,982 | $66,158 |
| BART PETERSON | |||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MATT GUTWEIN | |||||||
| TREASURER | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $366,097 | $31,536 |
| DANIEL F EVANS JR | |||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $777,081 | $25,144 | |
| JEFFREY HARRISON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANGELA SMITH JONES | |||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $119,999 | $0 | |
| DAVID C LEWIS SR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KRISTIN MAYS-CORBITT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARYA ROSE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM STEPHAN | |||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $357,144 | $104,953 | |
| RAINER FISCHER PHD | |||||||
| DIRECTOR (10/19/17-12/31/17) | 1.00 | 40.00 | Yes (X) | $0 | $612,364 | $45,096 | |
| DAVID A BROECKER | |||||||
| DIRECTOR (1/1/17-10/18/17) | 1.00 | 40.00 | Yes (X) | $0 | $761,777 | $28,359 | |
| TROY D HEGE | |||||||
| DIRECTOR (1/1/17-10/18/17) | 1.00 | 40.00 | Yes (X) | $0 | $316,752 | $14,706 | |
| ROBERT W COY JR | |||||||
| PRESIDENT AND CEO (6/1/17-12/31/17) | 40.00 | Yes (X) | Yes (X) | $175,385 | $0 | $32,266 | |
| JOHN KISH | |||||||
| PRESIDENT AND CEO (1/1/17-5/31/17) | 22.50 | 17.50 | Yes (X) | $74,333 | $74,333 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $249,718 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $3,982,529 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $348,218 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| AMERICAN STRUCTUREPOINT INC | |||||
| 2700 MARKET TOWER 10 WEST MARKET ST | INDIANAPOLIS | IN | 46204 | INFRASTRUCTURE DESIGN & PLANNING SERVICE | $295,250 |
| JOHN J KISH AND ASSOCIATES INC | |||||
| PO BOX 68548 | INDIANAPOLIS | IN | 46268 | DESIGN & PLANNING CONSULTING SERVICES | $250,421 |
| BINGHAM GREENEBAUM DOLL | |||||
| 2700 MARKET TOWER 10 WEST MARKET ST | INDIANAPOLIS | IN | 46204 | LEGAL SERVICES | $143,227 |
| ICE MILLER | |||||
| 1 AMERICAN SQ 2900 | INDIANAPOLIS | IN | 46282 | LEGAL SERVICES | $102,051 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $6,400,000 | RelatedOrganizationsAmt |
| Government Grants | $238,523 | GovernmentGrantsAmt |
| All Other Contributions | $3,500,000 | AllOtherContributionsAmt |
| Noncash Contributions | $6,400,000 | NoncashContributionsAmt |
| Total Contributions | $10,138,523 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,501 | TotalRevenueColumnAmt |
| Exclusion | $9,501 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,951 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,951 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,951 | TotalRevenueColumnAmt |
| Exclusion | $5,951 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,153,975 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,452 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $281,984 | TotalAmt |
| Program Services | $220,579 | ProgramServicesAmt |
| Management And General | $41,530 | ManagementAndGeneralAmt |
| Fundraising | $19,875 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,472 | TotalAmt |
| Program Services | $8,378 | ProgramServicesAmt |
| Management And General | $2,094 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,000 | TotalAmt |
| Management And General | $57,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $304,809 | TotalAmt |
| Program Services | $197,001 | ProgramServicesAmt |
| Management And General | $107,808 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,950 | TotalAmt |
| Management And General | $14,950 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,820 | TotalAmt |
| Management And General | $68,820 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,148 | TotalAmt |
| Program Services | $114,148 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,438 | TotalAmt |
| Program Services | $2,425 | ProgramServicesAmt |
| Management And General | $27,013 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,043 | TotalAmt |
| Management And General | $2,043 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,708 | TotalAmt |
| Management And General | $19,708 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,215 | TotalAmt |
| Program Services | $1,215 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,395 | TotalAmt |
| Management And General | $12,395 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,766 | TotalAmt |
| Management And General | $45,766 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PROJECT EXPENSE | $275,627 | $275,627 | |
| DUES AND SUBSCRIPTIONS | $3,665 | $3,665 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,242,040 | TotalAmt |
| Program Services | $819,373 | ProgramServicesAmt |
| Management And General | $402,792 | ManagementAndGeneralAmt |
| Fundraising | $19,875 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,711,966 | BOYAmt |
| EOY | $5,088,842 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,755 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,884 | BOYAmt |
| EOY | $28,719 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,240,216 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,601,722 | BOYAmt |
| EOY | $9,240,216 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,383,327 | BOYAmt |
| EOY | $14,357,777 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,421 | BOYAmt |
| EOY | $168,936 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $413,163 | BOYAmt |
| EOY | $413,163 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $519,584 | BOYAmt |
| EOY | $582,099 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,821,736 | BOYAmt |
| EOY | $12,736,375 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,042,007 | BOYAmt |
| EOY | $1,039,303 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,863,743 | BOYAmt |
| EOY | $13,775,678 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,383,327 | BOYAmt |
| EOY | $14,357,777 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $8,911,935 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 6 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (6 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| INDIANA UNIVERSITY | ||||
| 356001673 | 6 | Yes (1) | $0 | $0 |
| INDIANA UNIVERSITY HEALTH INC | ||||
| 351955872 | 3 | Yes (1) | $0 | $0 |
| INDIANA BIOSCIENCES RESEARCH INSTITUTE INC | ||||
| 462882271 | 7 | Yes (1) | $0 | $0 |
| THE HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY | ||||
| 356005697 | 6 | Yes (1) | $0 | $0 |
| CENTRAL INDIANA CORPORATE PARTNERSHIP INC | ||||
| 352065459 | 10 | Yes (1) | $0 | $0 |
| THE CITY OF INDIANAPOLIS | ||||
| 356001063 | 6 | Yes (1) | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 6 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | Yes (1) | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | Yes (1) | SupportedOrgSectionC456Ind |
| Supported Org Qualified | Yes (1) | SupportedOrgQualifiedInd |
| Suprt Exclusively Sec170c2 B | Yes (1) | SuprtExclusivelySec170c2BInd |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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). 16TECH COMMUNITY CORPORATION 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 COMMUNITY CORPORATION TO ENSURE IT IS CONSIDERED CHARITABLE IN NATURE. IF NEEDED, 16 TECH COMMUNITY CORPORATION 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. |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,000,000 | OtherCostOrOtherBasisAmt |
| Book Value | $6,000,000 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,240,216 | OtherCostOrOtherBasisAmt |
| Book Value | $3,240,216 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,240,216 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NOTES PAYABLE- RELATED PARTY | Desc |
| Amt | $413,163 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $413,163 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $10,153,975 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $10,153,975 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $10,153,975 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,242,040 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,242,040 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,242,040 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | 16 TECH IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2017 AND THE PERIOD FROM SEPTEMBER 4, 2015 TO DECEMBER 31, 2016. 16 TECH FILES U.S. FEDERAL AND INDIANA INFORMATION TAX RETURNS. THE INITIAL INFORMATION RETURNS WERE FILED FOR THE YEARS ENDED DECEMBER 31, 2015 AND ALL TAX YEARS REMAIN OPEN TO EXAMINATION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID LAWTHER JOHNSON | ||||||||||||||
| CHAIR | $0 | $483,750 | $0 | $112,470 | $0 | $762 | $0 | $22,089 | $0 | $44,069 | $0 | $663,140 | $0 | $0 |
| MATT GUTWEIN | ||||||||||||||
| TREASURER | $0 | $366,097 | $0 | $0 | $0 | $0 | $0 | $23,524 | $0 | $8,012 | $0 | $397,633 | $0 | $0 |
| DANIEL F EVANS JR | ||||||||||||||
| DIRECTOR | $0 | $481,901 | $0 | $269,134 | $0 | $26,046 | $0 | $10,800 | $0 | $14,344 | $0 | $802,225 | $0 | $0 |
| WILLIAM STEPHAN | ||||||||||||||
| DIRECTOR | $0 | $334,751 | $0 | $0 | $0 | $22,393 | $0 | $94,053 | $0 | $10,900 | $0 | $462,097 | $0 | $0 |
| RAINER FISCHER PHD | ||||||||||||||
| DIRECTOR (10/19/17-12/31/17) | $0 | $429,810 | $0 | $182,554 | $0 | $0 | $0 | $34,200 | $0 | $10,896 | $0 | $657,460 | $0 | $0 |
| DAVID A BROECKER | ||||||||||||||
| DIRECTOR (1/1/17-10/18/17) | $0 | $293,930 | $0 | $63,750 | $0 | $404,097 | $0 | $16,132 | $0 | $12,227 | $0 | $790,136 | $0 | $0 |
| TROY D HEGE | ||||||||||||||
| DIRECTOR (1/1/17-10/18/17) | $0 | $210,809 | $0 | $40,500 | $0 | $65,443 | $0 | $12,859 | $0 | $1,847 | $0 | $331,458 | $0 | $0 |
| ROBERT W COY JR | ||||||||||||||
| PRESIDENT AND CEO (6/1/17-12/31/17) | $169,335 | $0 | $0 | $0 | $6,050 | $0 | $10,385 | $0 | $21,881 | $0 | $207,651 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | IN CONNECTION WITH THE PRESIDENT'S RELOCATION OF HIS FAMILY'S PRINCIPAL RESIDENCE FROM CINCINNATI, OHIO TO INDIANAPOLIS, INDIANA, 16 TECH COMMUNITY CORPORATION REIMBURSED FOR REASONABLE AND CUSTOMARY MOVING AND MOVING-RELATED EXPENSES OF $20,971 UPON RECEIPT OF PROPER DOCUMENTATION. |
| PART I, LINE 3 | ALL REPORTED COMPENSATION OF BOARD MEMBERS FOR THE 2017 TAX YEAR IS PROVIDED BY RELATED ORGANIZATIONS. 16TECH COMMUNITY CORPORATION DID NOT PROVIDE ANY COMPENSATION DURING THE 2017 TAX YEAR. THE PRESIDENT AND CEO PAYROLL WAS PROVIDED BY CENTRAL INDIANA CORPORATE PARTNERSHIP (CICP) UNDER THE MANAGEMENT AGREEMENT. 16TECH REIMBURSED CICP FOR THE EQUIVALENT PAYROLL. |
Schedule M IRS990ScheduleM
Real Estate Commercial RealEstateCommercialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,400,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | 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"). NOTHING IN THESE ARTICLES EMPOWERS THE CORPORATION TO ENGAGE IN ACTIVITIES WHICH ARE NOT IN FURTHERANCE OF THE ABOVE-MENTIONED PURPOSES, AND THE CORPORATION MAY NOT OPERATE TO SUPPORT OF BENEFIT ORGANIZATIONS OTHER THAN THE SUPPORTED ORGANIZATIONS. |
| FORM 990, PART VI, SECTION A, LINE 3 | 16 TECH COMMUNITY CORPORATION 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'S 990 WILL BE REVIEWED AND APPROVED FOR CIRCULATION TO THE BOARD OF DIRECTORS PRIOR TO THE JUNE 2018 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. THE 16 TECH BOARD MEMBERS INDIVIDUALLY COMPLETED CONFLICT OF INTEREST DISCLOSURE FORMS AFTER THE FEBRUARY 2017 BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT AND CEO'S OF 16 TECH COMMUNITY CORPORATION PERFORMANCE AND COMPENSATION IS REVIEWED, ANALYZED AND SET BY THE 16 TECH 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 16TECH COMMUNITY CORPORATION, AND AN OFFICER OF CENTRAL INDIANA COMMUNITY PARTNERSHIP, INC (CICP), WHICH IS A SUPPORTED ORGANIZATION. CENTRAL INDIANA COMMUNITY PARTNERSHIP, INC (CICP) PROVIDES ADMINISTRATIVE OVERSIGHT THROUGH A MANAGEMENT AGREEMENT. MATT GUTWEIN IS A BOARD MEMBER OF 16TECH COMMUNITY CORPORATION, AND AN OFFICER OF HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY, INDIANA, WHICH IS A SUPPORTED ORGANIZATION. DANIEL EVANS IS A BOARD MEMBER OF 16TECH COMMUNITY CORPORATION, AND AN OFFICER OF INDIANA UNIVERSITY HEALTH, WHICH IS A SUPPORTED ORGANIZATION. ANGELA SMITH JONES IS A BOARD MEMBER OF 16TECH COMMUNITY CORPORATION, AND AN OFFICER OF THE CITY OF INDIANAPOLIS, INDIANA, WHICH IS A SUPPORTED ORGANIZATION. WILLIAM STEPHAN IS A BOARD MEMBER OF 16TECH COMMUNITY CORPORATION, AND AN OFFICER OF INDIANA UNIVERSITY, WHICH IS A SUPPORTED ORGANIZATION. RAINER FISCHER IS A BOARD MEMBER OF 16TECH COMMUNITY CORPORATION, AND AN OFFICER OF INDIANA BIOSCIENCES RESEARCH INSTITUTE (IBRI), WHICH IS A SUPORTED ORGANIZATION. DAVID BROECKER WAS A BOARD MEMBER OF 16TECH COMMUNITY CORPORATION, AND WAS AN OFFICER OF INDIANA BIOSCIENCES RESEARCH INSTITUTE (IBRI), WHICH IS A SUPORTED ORGANIZATION. TROY HEGE WAS A BOARD MEMBER OF 16TECH COMMUNITY CORPORATION, AND WAS 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 FOR THE 2017 TAX YEAR IS PROVIDED BY RELATED ORGANIZATIONS. 16TECH COMMUNITY CORPORATION DID NOT PROVIDE ANY COMPENSATION DURING THE 2017 TAX YEAR. THE PRESIDENT AND CEO PAYROLL WAS PROVIDED BY CENTRAL INDIANA CORPORATE PARTNERSHIP (CICP) UNDER THE MANAGEMENT AGREEMENT. 16TECH REIMBURSED CICP FOR THE EQUIVALENT PAYROLL. |
| FORM 990, PART XII, LINE 2C: | 16 TECH'S 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. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| INDIANA BIOSCIENCES RESEARCH INSTITUTE INC | ||
| E | $413,163 | FMV |
| INDIANA BIOSCIENCES RESEARCH INSTITUTE INC | ||
| C | $6,400,000 | FMV |
| THE CITY OF INDIANAPOLIS | ||
| C | $557,194 | FMV |
| CENTRAL INDIANA CORPORATE PARTNERSHIP INC | ||
| O | $218,123 | FMV |
| CENTRAL INDIANA CORPORATE PARTNERSHIP INC | ||
| L | $57,000 | FMV |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART V, LINE 1(P) AND (Q) | FormAndLineReferenceDesc |
| Explanation | TO THE EXTENT CICP INCURS EXPENSES ON BEHALF OF 16TECH COMMUNITY CORPORATION (16TECH), THE ENTITY REGULARLY REIMBURSES CICP. EACH MONTH CICP PREPARES AN INTERCOMPANY REPORT THAT DETAILS AMOUNTS DUE FROM 16TECH, AND OWED TO CICP. 16TECH 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. | ExplanationTxt |
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