2017-05-15T12:18:28-05:00 2016-06-30 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2015-07-01 273014805 THE MASSACHUSETTS GREEN HIGH PERFORMANCE COMPUTING CENTER INC MASS 4135524902 100 BIGELOW STREET HOLYOKE MA 01040 THOMAS NEDELL TREASURER 4135524902 2017-05-11 1 LEONARD J BERKOWITZ P00872822 6176481400 2015 2021-01-29 14:40:06Z JOHN GOODHUE 100 BIGELOW STREET HOLYOKE MA 01040 6288991 0 X HTTP://WWW.MGHPCC.ORG/ X 2010 MA MAINTAIN A FACILITY WHICH WILL HOUSE A HIGH PERFORMANCE COMPUTER CENTER TO SUPPORT, ASSIST, ENHANCE, AND ADVANCE THE SCIENTIFIC RESEARCH ACTIVITIES OF ITS MEMBER UNIVERSITIES. 10 0 0 0 0 0 3140649 327645 4370553 5961346 0 0 0 0 7511202 6288991 12300 4000 0 0 0 0 0 0 0 8543994 9322263 8556294 9326263 -1045092 -3037272 82493013 81356435 9064406 10965100 73428607 70391335 TO OWN, MAINTAIN AND LEASE A FACILITY, WHICH WILL HOUSE A HIGH PERFORMANCE COMPUTING CENTER TO SUPPORT, ASSIST, ENHANCE, AND ADVANCE THE SCIENTIFIC RESEARCH ACTIVITIES OF ITS MEMBER UNIVERSITIES. 0 0 9086867 4000 5961346 TO OWN, MAINTAIN, AND LEASE A FACILITY, WHICH WILL HOUSEA HIGH PERFORMANCE COMPUTING CENTER TO SUPPORT, ASSIST, ENHANCE,AND ADVANCE THE SCIENTIFIC RESEARCH ACTIVITIES OF ITS MEMBERUNIVERSITIES. BEGINNING IN MAY 2016, MGHPCC INC. UNDERTOOK A CONSTRUCTION PROJECT TO BUILD OUT TWO COMPUTER PODS IN THE COMPUTER ROOM TO PROVIDE HARVARD WITH ADDITIONAL CAPACITY. 9086867 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 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 1 1 0 0 1 15 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 0 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 0 0 MA X CLAIRE CHRISTOPHERSON 4135524902 100 BIGELOW STREET HOLYOKE MA 01040 ROBERT A BROWN DIRECTOR 1.00 55.00 X 0 2214926 416600 ANNE MARGULIES DIRECTOR 1.00 55.00 X 0 396052 54404 THOMAS CHMURA DIRECTOR & FORMER PRESIDENT 1.00 40.00 X 0 271149 52859 MELVIN BERNSTEIN PRESIDENT & DIRECTOR (OUTGOING) 1.00 40.00 X X 0 363137 52109 MARIA ZUBER DIRECTOR 1.00 60.00 X 0 378641 61434 ROBERT SOLIS DIRECTOR 1.00 40.00 X 0 259157 54946 RICHARD MCCULLOUGH PRESIDENT & DIRECTOR 1.00 55.00 X 0 488534 53967 GLORIA WATERS DIRECTOR 1.00 55.00 X 0 380795 35796 REHAN KHAN DIRECTOR 1.00 40.00 X 0 392364 52484 JOHN CHARLES DIRECTOR 1.00 40.00 X 0 311218 55043 ARTHUR KRAMER DIRECTOR 1.00 40.00 X 0 0 0 JOHN GOODHUE EXECUTIVE DIRECTOR 1.00 60.00 X 0 241777 76247 CLAIRE CHRISTOPHERSON CLERK 50.00 1.00 X 0 123810 19633 THOMAS NEDELL TREASURER 1.00 40.00 X 0 512302 79488 JAMES CULBERT IT TECHNICAL LEAD 50.00 1.00 X 0 205465 29924 KEVIN HELM FACILITY MANAGEMENT DIRECT 40.00 1.00 X 0 116112 31581 ANDREI RUCKENSTEIN FORMER PRESIDENT 1.00 55.00 X 0 345559 63299 ALLEN MARCUM FORMER TREASURER 1.00 40.00 X 0 197537 49462 GILLIAN EMMONS FORMER TREASURER 1.00 55.00 X 0 256060 57687 CARA ELLIS MCCARTHY FORMER OFFICER 1.00 55.00 X 0 119250 41508 0 7573845 1338471 0 1 1 0 HEWLETT PACKARD ENTERPRISE PO BOX 101032 ATLANTA GA 30392 COMPUTER EQUIPMENT 1298207 C & W SERVICES 4002 SOLUTIONS CENTER CHICAGO IL 60677 FACILITY MANAGEMENT 798627 CAMBRIDGE COMPUTER 271 WAVERLEY OAKS ROAD WALTHAM MA 02452 COMPUTER EQUIPMENT 176025 DUCCI ELECTRICAL CONTRACTORS 427 GOSHEN ROAD TORRINGTON CT 06790 ELECTRICAL CONTRACTOR 154124 TECHSQUARE INC PO BOX 425831 CAMBRIDGE MA 02142 COMPUTER SERVICES 116945 6 37588 277423 12634 327645 FEES & SERVICES 221000 4713243 4713243 CONSTRUCTION REVENUE 230000 1248103 1248103 5961346 6288991 5961346 0 0 4000 4000 24000 24000 29460 29460 69916 69916 19359 19359 507581 507581 5501436 5501436 1445657 1445657 84784 45396 39388 REIMBURSED SALARIES 759565 647410 112155 COMMUNICATIONS/NETWORK 507246 507246 REIMBURSED BENEFITS 185555 154327 31228 MINOR EQUIPMENT 104539 104539 83165 80000 3165 9326263 9086867 239396 0 1467873 2185983 2244684 865327 1226619 990526 15771499 2983517 12751661 12787982 64802176 64526617 82493013 81356435 1763351 1123623 7301055 9841477 9064406 10965100 X 73263314 70344686 165293 46649 73428607 70391335 82493013 81356435 -3037272 0 X 0 1 X 1 0 X X X 5 MASS INSTITUTE OF TECHNOLOGY 042103594 2 1 0 0 NORTHEASTERN UNIVERSITY 041679980 2 1 0 0 UNIVERSITY OF MASSACHUSETTS 043167352 6 1 0 0 BOSTON UNIVERSITY 042103547 2 1 0 0 HARVARD UNIVERSITY 042103580 2 1 0 0 5 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART IV, SECTION A, LINE 2 UNIVERSITY OF MASSACHUSETTS IS A SUPPORTED ORGANIZATION THAT IS A STATE UNIVERSITY UNDER SECTION 115 AND THEREFORE IS NOT REQUIRED TO OBTAIN RECOGNITION OF PUBLIC CHARITY STATUS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4892159 4892159 5834058 1436722 4397336 5045282 1546795 3498487 12787982 INVESTMENT IN MGHPCC LLC 64526617 C 64526617 DEFERRED RENT PAYABLE 8891477 WORKING CASH ADVANCES 950000 9841477 X PART X, LINE 2: MGHPCC INC AND MGHPCC HOLYOKE ARE EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501 (C)(3), EXCEPT FOR UNRELATED BUSINESS INCOME AS DEFINED IN THE CODE. LEVERAGE LENDER IS A MULTI-OWNER LIMITED LIABILITY COMPANY AND IS TREATED AS A PARTNERSHIP FOR TAX PURPOSES. LEVERAGE LENDER'S FEDERAL TAX STATUS AS A PASS-THROUGH ENTITY IS BASED ON ITS LEGAL STATUS AS A LIMITED LIABILITY COMPANY. ACCORDINGLY, LEVERAGE LENDER IS NOT REQUIRED TO TAKE ANY TAX POSITION IN ORDER TO QUALIFY AS A PASS-THROUGH ENTITY. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE A COMPANY TO EVALUATE ITS TAX POSITIONS AND RECOGNIZE A TAX LIABILITY OR ASSET FOR UNCERTAIN POSITIONS THAT "MORE LIKELY THAN NOT" WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MGHPCC INC AND AFFILIATED ENTITIES PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DETERMINED THAT THERE WAS NO UNRELATED BUSINESS INCOME, AND DO NOT HAVE ANY TAX LIABILITY RELATED TO UNCERTAIN TAX POSITIONS FOR FISCAL YEARS 2016 AND 2015. MGHPCC INC AND AFFILIATED ENTITIES FILE TAX RETURNS WITH THE IRS AND OTHER TAX AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND HAVE NO TAX POSITIONS THAT MUST BE CONSIDERED FOR DISCLOSURE. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2013 REMAIN OPEN. X X X 0 1 0 0 0 0 0 0 0 ROBERT A BROWN DIRECTOR 0 883574 0 0 0 1331352 0 148380 0 268220 0 2631526 0 958899 ANNE MARGULIES DIRECTOR 0 377076 0 15000 0 3976 0 33825 0 20579 0 450456 0 0 THOMAS CHMURA DIRECTOR & FORMER PRESIDENT 0 261890 0 0 0 9259 0 27317 0 25542 0 324008 0 0 MELVIN BERNSTEIN PRESIDENT & DIRECTOR (OUTGOING) 0 348694 0 0 0 14443 0 26500 0 25609 0 415246 0 0 MARIA ZUBER DIRECTOR 0 368343 0 0 0 10298 0 39750 0 21684 0 440075 0 0 ROBERT SOLIS DIRECTOR 0 250201 0 0 0 8956 0 26424 0 28522 0 314103 0 0 RICHARD MCCULLOUGH PRESIDENT & DIRECTOR 0 417525 0 15000 0 56009 0 33825 0 20142 0 542501 0 0 GLORIA WATERS DIRECTOR 0 365000 0 0 0 15795 0 35255 0 541 0 416591 0 0 REHAN KHAN DIRECTOR 0 373926 0 4000 0 14438 0 26500 0 25984 0 444848 0 0 JOHN CHARLES DIRECTOR 0 306768 0 0 0 4450 0 33825 0 21218 0 366261 0 0 JOHN GOODHUE EXECUTIVE DIRECTOR 0 241777 0 0 0 0 0 47987 0 28260 0 318024 0 0 THOMAS NEDELL TREASURER 0 443833 0 44000 0 24469 0 51500 0 27988 0 591790 0 0 JAMES CULBERT IT TECHNICAL LEAD 0 204465 0 0 0 1000 0 26780 0 3144 0 235389 0 0 ANDREI RUCKENSTEIN FORMER PRESIDENT 0 245957 0 0 0 99602 0 35255 0 28044 0 408858 0 0 ALLEN MARCUM FORMER TREASURER 0 197537 0 0 0 0 0 26943 0 22519 0 246999 0 0 GILLIAN EMMONS FORMER TREASURER 0 254381 0 0 0 1679 0 34779 0 22908 0 313747 0 0 CARA ELLIS MCCARTHY FORMER OFFICER 0 119064 0 0 0 186 0 13683 0 27825 0 160758 0 0 PART I, LINE 3 THE ORGANIZATION RECEIVED PROPOSALS FROM THREE DIFFERENT SEARCH FIRMS AND AFTER CAREFUL REVIEW ENGAGED KORN FERRY INTERNATIONAL OF BOSTON TO CONDUCT A NATIONAL SEARCH FOR THIS POSITION. INCLUDED IN THEIR SERVICES WAS A SALARY REVIEW AND RECOMMENDATION FOR THIS POSITION. A TEAM INCLUDING REPRESENATION FROM MIT, HARVARD, BU, UMASS, AND NORTHEASTERN WAS ASKED BY THE ADVISORY BOARD MEMBERS TO BE PART OF THE SEARCH COMMITTEE. THE SEARCH TEAM INCLUDED CIO'S FROM EACH OF THE UNIVERSITIES. THE COMPENSATION RANGE FOR THE POSITION WAS REVIEWED AND APPROVED BY THE HUMAN RESOURCES DEPARTMENTS OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY, USING COMPATABILITY DATA, AND APPROVED AS A BUDGET LINE ITEM BY THE BOARD OF DIRECTORS. ALL COMPENSATION IS PAID BY RELATED ORGANIZATIONS. PART I, LINE 4B (1) UNDER A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN, ON AUGUST 1 OF EACH OF THE FIVE CALENDAR YEARS FROM 2011 THROUGH 2015 PRESIDENT BROWN RECEIVED A CREDIT EQUAL TO 30% OF HIS BASE SALARY FOR THE PRECEDING 12-MONTH PERIOD. EACH OF THESE CREDITS WAS SUBJECT TO THE PERFORMANCE OF FUTURE SERVICES AND OTHER CONDITIONS AS WELL AS A SUBSTANTIAL RISK OF FORFEITURE UNTIL PRESIDENT BROWN'S RIGHTS IN THE PLAN BECAME VESTED ON AUGUST 1, 2015. UPON VESTING, SUPPLEMENTAL RETIREMENT PLAN COMPENSATION OF $1,222,771 (REPRESENTING THE TOTAL OF THE FIVE AMOUNTS CREDITED, WITHOUT INTEREST) WAS DISTRIBUTED TO PRESIDENT BROWN IN CALENDAR YEAR 2015 AND IS REPORTED ON SCHEDULE J, PART II, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION. THE PORTION OF THE AMOUNT DISTRIBUTED WHICH WAS PREVIOUSLY REPORTED AS RETIREMENT AND OTHER DEFERRED COMPENSATION ON SCHEDULE J, PART II, COLUMN C OF PRIOR FORMS 990 IS $958,899. THIS AMOUNT IS THEREFORE REPORTED ON THIS YEAR'S SCHEDULE J, PART II, COLUMN F. UNDER THE SAME SUPPLEMENTAL RETIREMENT PLAN, ON AUGUST 1, 2016, PRESIDENT BROWN WAS TO BECOME ENTITLED TO RECEIVE AN AMOUNT EQUAL TO 30% OF HIS BASE SALARY FOR THE PRECEDING 12-MONTH PERIOD. PRESIDENT BROWN'S RIGHT TO SUCH PAYMENT WAS SUBJECT TO THE PERFORMANCE OF FUTURE SERVICES AND OTHER CONDITIONS AS WELL AS A SUBSTANTIAL RISK OF FORFEITURE UNTIL THAT DATE. ACCORDINGLY, SUPPLEMENTAL RETIREMENT PLAN COMPENSATION OF $113,125 WAS ACCRUED FOR PRESIDENT BROWN IN CALENDAR YEAR 2015 AND IS REPORTED ON SCHEDULE J, PART II, COLUMN C AS RETIREMENT AND OTHER DEFERRED COMPENSATION. (2) AMOUNTS REPORTED IN SCHEDULE J, PART II, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION ALSO INCLUDE CONTRIBUTIONS MADE BY THE UNIVERSITY IN CALENDAR YEAR 2015 TO AN IRC SECTION 457(B) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TO PROVIDE FUTURE RETIREMENT BENEFITS TO PRESIDENT BROWN. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE FIVE MEMBERS: MASSACHUSETTS INSTITUTE OF TECHNOLOGY; NORTHEASTERN UNIVERSITY; TRUSTEES OF BOSTON UNIVERSITY; PRESIDENT AND FELLOWS OF HARVARD COLLEGE; AND THE UNIVERSITY OF MASSACHUSETTS (TOGETHER, THE "FOUNDING UNIVERSITIES AND EACH A "FOUNDING UNIVERSITY"). FORM 990, PART VI, SECTION A, LINE 7A ALL POWERS OF THE CORPORATION SHALL BE HELD BY THE BOARD OF DIRECTORS. ANY ACTION OR VOTE REQUIRED OR PERMITTED BY ANY LAW, RULE, OR REGULATION TO BE TAKEN BY MEMBERS SHALL BE TAKEN BY UNANIMOUS VOTE. EACH MEMBER SHALL BE A UNIVERSITY WITH A CAMPUS IN THE COMMONWEALTH OF MASSACHUSETTS AND BE DESCRIBED IN EITHER SECTIONS 501(C)(3) AND 509(A)(1) OR SECTION 170(C)(1) OF THE INTERNAL REVENUE CODE OF 1986, AS THE SAME MAY BE AMENDED FROM TIME TO TIME. THE BOARD SHALL BE COMPRISED OF TWO (2) REPRESENTATIVES FROM EACH OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 IS CIRCULATED TO THE AUDIT COMMITTEE PRIOR TO FILING FOR REVIEW AND COMMENT. THE AUDIT COMMITTEE IS COMPRISED OF ONE EMPLOYEE FROM EACH MEMBER INSTITUTION, APPOINTED BY THE EXECUTIVE COMMITTEE OF THE CORPORATION. THE COMPLETE FORM 990 IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CLERK OF THE CORPORATION CIRCULATES THE FULL POLICY TO OFFICERS, DIRECTORS AND KEY EMPLOYEES ANNUALLY. THE POLICY REQUIRES THAT EACH SUCH OFFICER, DIRECTOR OR KEY EMPLOYEE ACKNOWLEDGE RECEIPT. THE CLERK MONITORS THE RETURN OF THE REQUIRED FORMS. FORM 990, PART VI, SECTION B, LINE 15A LINE 15A THE ORGANIZATION RECEIVED PROPOSALS FROM THREE DIFFERENT SEARCH FIRMS AND AFTER CAREFUL REVIEW ENGAGED KORN FERRY INTERNATIONAL OF BOSTON TO CONDUCT A NATIONAL SEARCH FOR THIS POSITION. INCLUDED IN THEIR SERVICES WAS A SALARY REVIEW AND RECOMMENDATION FOR THIS POSITION. A TEAM INCLUDING REPRESENTATION FROM MIT, HARVARD, BU, UMASS AND NORTHEASTERN WAS ASKED BY THE ADVISORY BOARD MEMBERS TO BE PART OF THE SEARCH COMMITTEE. THE SEARCH TEAM INCLUDED CIO'S FROM EACH OF THE UNIVERSITIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE CLERK OF THE CORPORATION. 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