2016-02-15T07:56:16-06:00 2015-06-30 561031342 WILLIAMS OVERMAN PIERCE LLP 2501 ATRIUM DRIVE SUITE 500 RALEIGH NC 27607 990 2014-07-01 561444287 NC STATE UNIVERSITY PARTNERSHIP CORP NCST 9195137149 NCSU BOX 7207 RALEIGH NC 27695 MARY PELOQUIN-DODD PRESIDENT 9195137149 2016-02-15 1 BRIAN SCHEPPERLEY CPA P01332750 9197823444 2016-02-15 X 2014 2016-08-17 19:52:53Z MARY PELOQUIN-DODD NCSU CAMPUS BOX 7207 RALEIGH NC 27695 6651815 0 X SEE SCHEDULE O X 1984 NC TO SUPPORT AND BENEFIT NORTH CAROLINA STATE UNIVERSITY WITH THE AIM OF CREATING NEW KNOWLEDGE AND IMPROVING THE LIVES OF THE PEOPLE OF NORTH CAROLINA. 5 0 0 0 -489448 -489448 344558 746916 5100261 6085886 -4540 13990 -704805 -194977 4735474 6651815 0 0 0 0 0 0 0 0 0 4319068 5237266 4319068 5237266 416406 1414549 23040916 23747034 7941520 5307774 15099396 18439260 TO SUPPORT AND BENEFIT NORTH CAROLINA STATE UNIVERSITY WITH THE AIM OF CREATING NEW KNOWLEDGE AND IMPROVING THE LIVES OF THE PEOPLE OF NORTH CAROLINA. 0 0 5151387 6085886 FOSTERED ECONOMIC DEVELOPMENT AND CREATION OF NEW KNOWLEDGE BY FACILITATING COMMERCIALIZATION OF TECHNOLOGIES DEVELOPED AT THE NONWOVENS INSTITUTE AT NC STATE UNIVERSITY. 5151387 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 13 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 5 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MARY PELOQUIN-DODD 9195137149 NC STATE UNIVERSITY CAMPUS BOX 7207 RALEIGH NC 27695 WARWICK A ARDEN SENIOR VP 1.00 40.00 X X 0 455100 23161 CHARLES D LEFFLER TREASURER 1.00 40.00 X X 0 294210 49376 MLADEN VOUK SECRETARY 1.00 40.00 X X 0 235617 21493 MARY PELOQUIN-DODD PRESIDENT 1.00 40.00 X X 0 215760 20135 MICHAEL HARWOOD DIRECTOR 1.00 40.00 X X 0 153876 15902 0 1354563 130067 0 0 1 0 LANDSCAPES UNLIMITED LLC 1201 ARIES DRIVE LINCOLN NE 68512 BUNKER REPAIR 874161 1 746916 168133 746916 LINC 541700 6085886 6085886 6085886 13990 13990 348290 0 348290 348290 348290 GOLF COURSE 713910 -543267 -489448 -53819 -543267 6651815 6085886 -489448 308461 9449 9449 32875 32875 1880 1880 16575 16575 LINC COSTS 4969661 4969661 SUPPLIES 82499 82499 CONTRACTED SERVICES 46050 46050 OTHER CURRENT SERVICES 41180 40380 800 37097 12797 24300 5237266 5151387 85879 0 986565 503926 1417175 2452140 196608 88005 61866 54518 11777 9164 22449186 1842575 20326660 20606611 40265 32670 23040916 23747034 511393 323347 268407 282494 7076163 4654055 85557 47878 7941520 5307774 X 15099396 18439260 0 0 0 0 15099396 18439260 23040916 23747034 X 1414549 -187554 2112869 X 0 1 X 1 0 X X 1 NC STATE UNIVERSITY 566000756 2 1 5237266 0 1 5237266 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 X SCHEDULE E, LINE 1C NC STATE UNIVERSITY PARTNERSHIP CORP SUPPORTS NORTH CAROLINA STATE UNIVERSITY EXCLUSIVELY BY FOSTERING THE ECONOMIC DEVELOPMENT AND CREATION OF NEW KNOWLEDGE. SECTION D, LINE 3 MEMBERS OF THE BOARD OF DIRECTORS OF NC STATE UNIVERSITY PARTNERSHIP CORP ARE EMPLOYEES OF NORTH CAROLINA STATE UNIVERSITY, THE SUPPORTED ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2605000 2605000 8125919 484568 7641351 587524 229526 357998 1368257 1128481 239776 9762486 9762486 20606611 FUNDS HELD FOR OTHERS 47878 47878 X 9182372 2530557 2530557 6651815 0 6651815 7767823 2530557 2530557 5237266 0 5237266 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BY THE CORPORATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2015, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: GOLF COURSE EXPENSES NETTED ON PART VIII, LINE 11A 2,530,557. PART XII, LINE 2D - OTHER ADJUSTMENTS: GOLF COURSE EXPENSES NETTED ON PART VIII, LINE 11A 2,530,557. 0 0 0 0 0 0 0 0 0 WARWICK A ARDEN SENIOR VP 0 455100 0 0 0 0 0 17784 0 5377 0 478261 0 0 CHARLES D LEFFLER TREASURER 0 294210 0 0 0 0 0 43999 0 5377 0 343586 0 0 MLADEN VOUK SECRETARY 0 235617 0 0 0 0 0 16116 0 5377 0 257110 0 0 MARY PELOQUIN-DODD PRESIDENT 0 215760 0 0 0 0 0 14758 0 5377 0 235895 0 0 MICHAEL HARWOOD DIRECTOR 0 153876 0 0 0 0 0 10525 0 5377 0 169778 0 0 X COMFORT STATIONS 1 168133 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 AS A RESULT OF RECENT UPDATES TO THE UNC GENERAL ADMINISTRATIVE POLICY, CHANGES WERE MADE TO THE CORPORATION'S BYLAWS IN FISCAL YEAR 2015. CHANGES INCLUDED MINOR WORDING ADJUSTMENTS AND THE REASSIGNMENT OF OFFICER ROLES. THE ASSOCIATE VICE CHANCELLOR FOR FINANCE AND BUSINESS WILL NOW SERVE AS PRESIDENT AND THE VICE CHANCELLOR FOR FINANCE AND BUSINESS WILL NOW SERVE AS TREASURER. IN ADDITION, THE ENTITY IS NOW MEMBER MANAGED. FORM 990, PART VI, SECTION B, LINE 11 DRAFT 990 IS REVIEWED AT ANNUAL PARTNERSHIP BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY PROVIDES THAT (A) ALL TRANSACTIONS (OTHER THAN EXPENSE REIMBURSEMENTS) BETWEEN NC STATE UNIVERSITY PARTNERSHIP CORP AND AN OFFICER, DIRECTOR, OR EMPLOYEE OF NC STATE UNIVERSITY PARTNERSHIP CORP MUST BE APPROVED BY THE NC STATE UNIVERSITY PARTNERSHIP CORP BOARD; (B) NO NC STATE UNIVERSITY PARTNERSHIP CORP OFFICER, DIRECTOR OR EMPLOYEE HAVING A PRIVATE BUSINESS INTEREST IN A NC STATE UNIVERSITY PARTNERSHIP CORP BUSINESS TRANSACTION MAY BE INVOLVED IN THE DECISION WITH RESPECT TO WHETHER NC STATE UNIVERSITY PARTNERSHIP CORP SHOULD ENTER INTO SUCH TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS AND OFFICERS OF NC STATE UNIVERSITY PARTNERSHIP CORP THAT DO RECEIVE COMPENSATION ARE COMPENSATED BY NC STATE UNIVERSITY, A 170(C)(1) ORGANIZATION RELATED TO NC STATE UNIVERSITY PARTNERSHIP CORP. NC STATE UNIVERSITY SETS THE COMPENSATION OF THESE EMPLOYEES BY ACQUIRING COMPARABILITY DATA WHICH IS REVIEWED AND APPROVED BY INDEPENDENT PERSONS WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. FORM 990, PART VI, SECTION C, LINE 18 THE 990 IS LISTED ON THE WEBSITE. FORM 1023 (WHICH WAS FILED PRIOR TO JULY 15, 1987) IS NOT PUBLICLY AVAILABLE. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE AT WWW.FOUNDATIONSACCOUNTING.OFA.NCSU.EDU/PARTNERSHIP-CORPORATIONS. OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFERS OF FUNDS FROM ASSOCIATED ENTITY 2,112,869. PAGE 1, QUESTION J WEBSITE-WWW.FOUNDATIONSACCOUNTING.OFA.NCSU.EDU/PARTNERSHIP -CORPORATIONS NC STATE UPFIT LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 DEVELOP, OWN & UPFIT FACILITIES ON CENTENNIAL CAMPUS NC 0 1511 NC STATE UNIVERSITY PARTNERSHIP CORP NC STATE UNIVERSITY CENTENNIAL DEVELOPMENT LLC CAMPUS BOX 7207 RALEIGH NC 27695 261979340 CONSTRUCT, OWN & OPERATE GOLF COURSE,CONFERENCE CENTER & HOTEL ON CAMPUS NC 2734405 18440193 NC STATE UNIVERSITY PARTNERSHIP CORP BELL TOWER HOLDINGS LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 ACQUIRE, DEVELOP, AND MANAGE OWNERSHIP OF REAL PROPERTY NC 69341 2646074 NC STATE UNIVERSITY PARTNERSHIP CORP NC STATE CC HOLDINGS I LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 DEVELOP, HOLD, SELL LAND AND FACILITIES ON CENTENNIAL CAMPUS NC 279650 318811 NC STATE UNIVERSITY PARTNERSHIP CORP NC STATE CBC LAND I LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 DEVELOP, HOLD, SELL LAND AND FACILITIES ON CENTENNIAL CAMPUS NC 0 1511 NC STATE UNIVERSITY PARTNERSHIP CORP LEADERS IN INNOVATION AND NONWOVENS COMMERCIALIZATION LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 FACILITATE COMMERCIALIZATION OF NCSU NONWOVENS INSTITUTE TECHNOLOGIES NC 6098969 2338162 NC STATE UNIVERSITY PARTNERSHIP CORP THE NORTH CAROLINA AGRICULTURAL FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566049304 EDUCATION & RESEARCH NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NC STATE ENGINEERING FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566046987 EDUCATION & RESEARCH NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NC STATE NATURAL RESOURCES FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 560653350 EDUCATION & RESEARCH NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566049503 EDUCATION & RESEARCH NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NC STATE UNIVERSITY COLLEGE OF SCIENCES FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 581524289 EDUCATION & RESEARCH NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NORTH CAROLINA VETERINARY MEDICAL FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 581344473 EDUCATION & RESEARCH NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NORTH CAROLINA STATE UNIVERSITY ALUMNI ASSOCIATION INC NCSU BOX 7207 RALEIGH NC 27695 566035544 EDUCATION & RESEARCH NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NORTH CAROLINA TOBACCO FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 591715828 EDUCATION & RESEARCH NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NORTH CAROLINA STATE UNIVERSITY NCSU BOX 7205 RALEIGH NC 27695 566000756 EDUCATION NC 170(C)(1) N/A 0 NC STATE STUDENT AID ASSOCIATION PO BOX 37100 RALEIGH NC 27627 560650623 EDUCATION NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NC STATE INVESTMENT FUND INC NCSU BOX 7207 RALEIGH NC 27695 311607634 INVESTS FUNDS OF NC STATE ENDOWMENT & RELATED ENTITIES NC 501(C)(3) 509(A)(3) TYPE III N/A 0 NORTH CAROLINA TEXTILE FOUNDATION INC NCSU BOX 8301 RALEIGH NC 27695 566045324 AIDS EDUCATION AND RESEARCH IN THE COLLEGE OF TEXTILES OF NCSU NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1