2018-01-11T15:15:29-06:00 2017-06-30 560574444 CHERRY BEKAERT LLP 1075 Peachtree Street NE Suite 2200 Atlanta GA 30309 990 2016-07-01 582374837 Georgia Tech Applied Research Corporation GEOR 4048944819 505 Tenth Street NW Atlanta GA 303320415 jilda diehl garton Vice President 4048944819 2018-01-10 1 Amanda Adams P00748038 4042090954 68.142.180.174 2018-01-10 17:24:26 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 44A5B1D9D812E1757D1A4D25657B9CF0E2C342D9 2016 2021-01-29 14:40:06Z jilda diehl garton 505 Tenth Street NW Atlanta GA 303320415 384531362 0 X www.gtarc.gatech.edu X 1998 GA THE MISSION OF THE GEORGIA TECH APPLIED RESEARCH CORPORATION (GTARC) IS TO PROVIDE EFFICIENT AND EFFECTIVE CONTRACTING, GRANT, AND RESEARCH ADMINISTRATION SERVICES FOR THE GEORGIA TECH RESEARCH INSTITUTE (GTRI), A NON-PROFIT RESEARCH ARM OF THE GEORGIA INSTITUTE OF TECHNOLOGY. GTARC PROVIDES BUSINESS MANAGEMENT SERVICES FOR GTRI AS IT CONDUCTS FOCUSED PROGRAMS OF INNOVATIVE RESEARCH, TECHNICAL ASSISTANCE, AND ECONOMIC DEVELOPMENT THAT ADVANCE THE GLOBAL COMPETITIVENESS OF GEORGIA, THE SOUTHEAST REGION, AND THE NATION. GTARC SERVES AS THE SOLE CONTRACTING ENTITY FOR GTRI. 12 9 0 0 0 0 0 0 358822609 384367400 57658 101039 0 53023 358880267 384521462 354875032 0 0 0 2373855 0 0 0 0 1944163 383925525 359193050 383925525 -312783 595937 98672291 94281806 77288984 72302562 21383307 21979244 THE GEORGIA TECH APPLIED RESEARCH CORPORATION (GTARC) IS ORGANIZED AND OPERATED TO SUPPORT THE RESEARCH ACTIVITIES OF THE GEORGIA INSTITUTE OF TECHNOLOGY IN THE AREAS OF INNOVATIVE RESEARCH, TECHNICAL ASSISTANCE AND ECONOMIC DEVELOPMENT. 0 0 379691818 384367400 THE GEORGIA INSTITUTE OF TECHNOLOGY RESEARCH ACTIVITY IS SUPPORTED BY THE GEORGIA TECH APPLIED RESEARCH CORPORATION WHICH CONSISTS OF RESEARCH PROGRAMS FOR GOVERNMENT AGENCIES. PAYMENTS AND REIMBURSEMENT OF EXPENSES AND GRANTS TO AND FOR THE BENEFIT OF GEORGIA INSTITUTE OF TECHNOLOGY HAVE BEEN MADE. THE GEORGIA TECH APPLIED RESEARCH CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE GEORGIA INSTITUTE OF TECHNOLOGY WHICH IS A UNIT OF THE UNIVERSITY SYSTEM IN THE STATE OF GEORGIA. 379691818 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 1 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 30 0 1 0 0 0 0 0 0 0 0 0 0 0 X 12 9 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X Barbara Alexander 4048946962 505 Tenth St NW Atlanta GA 303320415 Scott M Frank Chair, Trustee 0.50 0.50 X 0 0 0 Stephen E Cross President, Trustee 0.50 40.00 X X 0 368540 132962 John Avery Trustee 0.50 0.50 X 0 0 0 Ronald L Bracken Trustee 0.50 0.50 X 0 0 0 Rafael L Bras Trustee 0.50 40.00 X 0 445907 191342 Charles Concannon Trustee 0.50 0.50 X 0 0 0 Patricia Falcone Trustee 0.50 0.50 X 0 0 0 Lou Graziano Trustee 0.50 0.50 X 0 0 0 Xiaoyan Huang Trustee 0.50 0.50 X 0 0 0 Deryl Israel Trustee 0.50 0.50 X 0 0 0 Steven G Swant Trustee 0.50 40.00 X 0 354205 149942 Frederic Villeneuve Trustee 0.50 0.50 X 0 0 0 Jilda Diehl Garton Vice President 18.00 22.00 X 0 276344 35984 Rebecca Caravati Secretary (through 5/30) 40.00 X 0 194071 39699 Andy Gerber Secretary (beginning 6/1) 40.00 X 0 333392 34258 Roberta Burke Asst Secretary 8.00 32.00 X 0 109584 12978 Anita McKinney Asst Secretary 8.00 32.00 X 0 90239 21490 Trudy Riley Asst Secretary 40.00 X 0 0 0 Kevin Wozniak Asst Secretary 16.00 24.00 X 0 193483 43652 Barbara J Alexander Asst Sec. & Asst Treas. 20.00 20.00 X 0 130131 30053 James G Fortner Asst Sec. & Asst Treas. 0.50 40.00 X 0 199107 50606 Bruce Henry Asst Sec. & Asst Treas. 16.00 24.00 X 0 92069 38862 Albert Concord Security Officer 0.50 40.00 X 0 162987 25604 Lauren MacLanahan Asst Secretary 12.00 28.00 X 0 154786 37519 Mary Beran Asst Director 26.00 14.00 X 0 128588 44038 Terry Bray Asst Director 8.00 32.00 X 0 160792 30557 Sophia Herbert-Peterson Asst Director 10.00 30.00 X 0 134599 35218 Neil Vitro Dir - Financial Admin II 20.00 20.00 X 0 129057 25918 Nicholas Perez Asst Director 1.00 X 0 117625 32019 G Duane Hutchison Asst Sec. & Asst Treas. - Retired 7.00 33.00 X 0 147255 18322 0 3922761 1031023 0 1 1 0 Georgia Institute of Technology 225 North Avenue Atlanta GA 303320255 Research 357103353 Venable LLP PO Box 62727 Baltimore MD 21264 Legal 173176 BGAC LLC dba Barnsley Gardens Resort 597 Barnsley Gardens Road Adairsville GA 30103 Research 126171 3 Research Contracts 541700 384367400 384367400 384367400 101039 101039 53023 53023 9900 9900 0 384521462 384367400 0 154062 X 214533 214533 163635 163635 379373261 379373261 63344 63344 33893 33893 3160 3160 296230 296230 Shared employee expense 3436944 315397 3121547 RESEARCH ASSOC DUES 152790 152790 PROF DEVELOPMENT 18882 18882 168853 168853 383925525 379691818 4233707 0 29240567 27048787 69357572 67162703 79006 8690 74152 70316 98672291 94281806 67270927 39266818 2565500 1994513 0 29998329 7452557 1042902 77288984 72302562 X 21383307 21979244 21383307 21979244 98672291 94281806 595937 0 X X 0 1 X 1 1 1 X X X 1 Georgia Institute of Technology 586002023 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X Section D, Line 3 There are twelve (12) members of the Board of Trustees. Three are GIT faculty. One member is selected by the Georgia Tech National Alumni Association. One member is selected by the Georgia Tech Foundation. These five select seven additional members from industry at large without regard to whether these seven additional members are alumni. The current investment policy was adopted on December 8, 2009 and it fits within requirements established by the Board of Regents of the University System of Georgia. Additionally, any changes to the policy or investing in any type of investment vehicle not designated by the current investment policy requires the approval of the Board of Trustees. Additionally, the Board of Trustees receives reports from the Treasurer of the company at all semi-annual board meetings. SECTION E, LINE 1C GIT is a unit of the University System of the State of Georgia. Georgia state law prohibits GIT from entering into long term contracts (defined as in excess of one year) that would place an obligation on the state. GTARC was organized and operates primarily for the purpose of soliciting grants and contracts and entering into contracts for research and services to be performed by or in conjunction with GIT, or to be performed using GIT's facilities and for related objectives. GTARC serves as a contracting entity for GIT and can enter into long term contracts without obligating the state of Georgia or GIT. 0 1 X 79006 8690 70316 70316 Due to Georgia Tech Research Corporation 1042902 1042902 384531362 9900 9900 384521462 0 384521462 383935425 9900 9900 383925525 0 383925525 Part IV, Line 2b: Sponsored research projects have fees charged to sponsors. These fees are held on behalf of GIT and can be invoiced to GTARC by the appropriate department of GIT. Part XI, Line 2d - Other Adjustments: Rental expense 9,900. Part XII, Line 2d - Other Adjustments: Rental expense 9,900. 0 1 0 0 0 0 0 0 0 Stephen E Cross President, Trustee 0 368540 0 0 0 0 0 110806 0 22156 0 501502 0 0 Rafael L Bras Trustee 0 435907 0 0 0 10000 0 168886 0 22456 0 637249 0 0 Steven G Swant Trustee 0 353755 0 0 0 450 0 127486 0 22456 0 504147 0 0 Jilda Diehl Garton Vice President 0 276344 0 0 0 0 0 24486 0 11498 0 312328 0 0 Rebecca Caravati Secretary (through 5/30) 0 188861 0 4000 0 1210 0 27645 0 12054 0 233770 0 0 Andy Gerber Secretary (beginning 6/1) 0 333392 0 0 0 0 0 24486 0 9772 0 367650 0 0 Kevin Wozniak Asst Secretary 0 193483 0 0 0 0 0 18803 0 24849 0 237135 0 0 Barbara J Alexander Asst Sec. & Asst Treas. 0 130131 0 0 0 0 0 19401 0 10652 0 160184 0 0 James G Fortner Asst Sec. & Asst Treas. 0 199107 0 0 0 0 0 29332 0 21274 0 249713 0 0 Albert Concord Security Officer 0 160987 0 2000 0 0 0 23284 0 2320 0 188591 0 0 Lauren MacLanahan Asst Secretary 0 154786 0 0 0 0 0 15087 0 22432 0 192305 0 0 Mary Beran Asst Director 0 128588 0 0 0 0 0 19798 0 24240 0 172626 0 0 Terry Bray Asst Director 0 160792 0 0 0 0 0 14068 0 16489 0 191349 0 0 Sophia Herbert-Peterson Asst Director 0 134599 0 0 0 0 0 13201 0 22017 0 169817 0 0 Neil Vitro Dir - Financial Admin II 0 129057 0 0 0 0 0 18848 0 7070 0 154975 0 0 G Duane Hutchison Asst Sec. & Asst Treas. - Retired 0 147105 0 0 0 150 0 11573 0 6749 0 165577 0 0 Schedule J, Part II THREE GEORGIA INSTITUTE OF TECHNOLOGY (THE INSTITUTE) SENIOR ADMINISTRATORS SIT ON THE BOARD OF THE ORGANIZATION. ALL PARTICIPATE IN A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN STRUCTURED UNDER IRS SECTION 415(M). CONTRIBUTIONS TO THE PLAN IN 2016 WERE FUNDED BY THE INSTITUTE AND ARE INCLUDED IN AMOUNTS DISCLOSED ON SCHEDULE J, PART II COLUMN C: DEFERRED COMPENSATION. DR. RAFAEL BRAS, A Trustee OF THE ORGANIZATION IS PROVOST AND EXECUTIVE VICE PRESIDENT FOR ACADEMIC AFFAIRS OF THE INSTITUTE. STEVEN G. SWANT, A Trustee OF THE CORPORATION IS EXECUTIVE VICE PRESIDENT, ADMINISTRATION AND FINANCE OF THE INSTITUTE. Stephen E. Cross, a trustee of the organization, is Executive Vice President for Research of the Institute. NON-QUALIFIED AMOUNT INCLUDED IN RETIREMENT & OTHER DEFERRED COMPENSATION: STEVEN G. SWANT: $50,000 RAFAEL L. BRAS: $115,400 STEPHEN E. CROSS: $57,320 Form 990, Part VI, Section A, line 7a There are twelve (12) members of the Board of Trustees. Three are GIT faculty. One member is selected by the Georgia Tech National Alumni Association. One member is selected by the Georgia Tech Foundation. These five select seven additional members from industry at large without regard to whether these seven additional members are alumni. Form 990, Part VI, Section B, line 11b The Form 990 is distributed to the audit committee of the Georgia Tech Applied Research Corporation prior to filing and is reviewed by the Controller. Form 990, Part VI, Section B, line 12c GEORGIA TECH APPLIED RESEARCH CORPORATION HAS A CONFLICTS OF INTEREST POLICY IN PLACE. The policy states that in the event of a conflict of interest, affected board members must recuse themselves from a vote. THE POLICY MUST BE READ AND SIGNED ANNUALLY BY ALL OFFICERS, KEY EMPLOYEES AND BOARD MEMBERS. AN ON-LINE SYSTEM WAS IMPLEMENTED IN 2013. ANY CONFLICTS OF INTEREST ARE REQUIRED TO BE DISCLOSED. Form 990, Part VI, Section B, line 15 The organization has no full-time employees. Key personnel in support of the organization are Georgia Tech employees and are subject to the compensation guidelines of the Board of Regents. The Board of Regents periodically reviews employee compensation and compares it to various market data. Form 990, Part VI, Section C, line 19 Bylaws, Articles of Incorporation, Financials, and Conflict of Interest are available on the organization's website. Form 990, Part IX, line 11g Research performed by GIT: Program service expenses 379,373,261. Management and general expenses 0. Fundraising expenses 0. Total expenses 379,373,261. form 990, part xIi, line 2c: GEORGIA TECH APPLIED RESEARCH CORPORATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE ORGANIZATION'S INDEPENDENT ACCOUNTANT. THE AUDIT COMMITTEE ALSO REVIEWS THE FORM 990 BEFORE IT IS FILED. GEORGIA TECH RESEARCH CORPORATION 505 Tenth St NW Atlanta GA 303320415 580603146 Sponsored Research for georgia institute of technology GA 501(c)(3) Line 12c, III-FI Georgia Institute of Technology 0 GEORGIA INSTITUTE OF TECHNOLOGY 500 Tech Parkway Atlanta GA 30332 586002023 State University GA 170(c)(1) Board of Regents of the USG 0 Georgia Tech Facilities Inc 225 N Ave Lyman Hall STe 325 Atlanta GA 30332 521442293 Financing & Constructing Buildings for Georgia institute of technology GA 501(c)(3) Line 5 Georgia Institute of technology 0 Global Center for Medical Innovation Inc 75 5th Street NW Atlanta GA 30332 264723391 Research GA 501(c)(3) Line 7 Georgia Institute of Technology 0 Home Park Learning Center Inc 500 Tech Parkway Atlanta GA 30332 582644893 Child Care GA 501(C)(3) Line 12a, I Georgia Institute of Technology 0 Southern Light Rail Inc 225 North Avenue NW Atlanta GA 30332 300240711 Communication Services GA 501(c)(3) Line 7 Georgia Institute of Technology 0 Georgia Tech Athletic Association 150 Bobby Dodd Way NW Atlanta GA 30332 580622514 Athletics GA 501(c)(3) Line 7 Georgia Institute of Technology 0 Georgia Advanced Technology Ventures Inc 225 North Avenue NW Atlanta GA 30332 582538285 Economic Development GA 501(c)(3) Line 12a, I Georgia Institute of Technology 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 1 1 1 0 0