2016-08-10T19:48:48-05:00 2015-09-30 PricewaterhouseCoopers LLP 101 SEAPORT BOULEVARD Boston MA 02210 990 2014-10-01 200988966 TMT OBSERVATORY CORPORATION % DAVID GOODMAN TMTO 6263951610 100 W WALNUT ST SUITE 300 PASADENA CA 91124 FIONA HARRISON CHAIR 6263951610 2016-07-29 true PRICEWATERHOUSECOOPERS LLP P01390592 6175305000 2014 2016-12-15 16:53:06Z X FIONA HARRISON 100 W WALNUT ST SUITE 300 Pasadena CA 91124 6469505 false X WWW.TMT.ORG X 2004 CA SEE SCHEDULE O 7 7 38 7 0 0 6751235 6467562 0 0 3394 1943 0 0 6754629 6469505 4000 0 0 0 5322157 1502131 0 0 0 9684862 3187452 15011019 4689583 -8256390 1779922 10724959 9355627 9274558 6125304 1450401 3230323 X SEE SCHEDULE O false false 3520880 0 0 SEE SCHEDULE O 3520880 true true false false false false false false false false true false false false true false true false false true true false false false false false false false false true false false false false false false false false false false false false false false false false false true 0 0 38 true false false false false false false false false false false X 7 7 true false false false true true true true true false false true true true true true true true true false CA X X X DAVID GOODMAN 6263951610 100 W WALNUT ST SUITE 300 PASADENA CA 91124 MICHAEL BOLTE DIRECTOR 4.0 0.0 X 0 0 0 HENRY YANG CHAIR 4.0 0.0 X X 0 0 0 SHRINIVAS KULKARNI DIRECTOR 4.0 0.0 X 0 0 0 B THOMAS SOIFER VICE CHAIR (UNTIL 08/2015) 4.0 0.0 X X 0 0 0 NATHAN BROSTROM DIRECTOR 4.0 0.0 X 0 0 0 DEAN CURRIE TREASURER 4.0 0.0 X X 0 0 0 VICKI CHANDLER DIRECTOR (until 07/2015) 4.0 0.0 X 0 0 0 FIONA HARRISON VICE CHAIR (SINCE 08/2015) 4.0 0.0 X X 0 0 0 ROBERT KIRSHNER DIRECTOR (SINCE 07/2015) 4.0 0.0 X 0 0 0 ANN MARTIN SECRETARY (UNTIL 02/2015) 20.0 0.0 X 107956 0 16435 LARRY ADKISON SECRETARY (FROM 02/2015) 4.0 0.0 X 0 0 0 R DAVID GOODMAN CHIEF OPERATING OFFICER 40.0 0.0 X 193382 0 56599 ERIC WILLIAMS TELESCOPE OPTICS GROUP LEADER 40.0 0.0 X 221401 0 46966 LARRY STEPP TELESCOPE DEPARTMENT HEAD 40.0 0.0 X 232834 0 47095 MARK SIROTA TELESCOPE CTRLS GROUP LEADER 40.0 0.0 X 207979 0 54584 RAVINDER BHATIA ASSOCIATE PROJECT MANAGER 40.0 0.0 X 225652 0 52948 SANDRA DAWSON MANAGER-HAWAII COMMUNITY AFF 40.0 0.0 X 224303 0 52679 1413507 0 327306 24 false true false URS CORPORATION 1999 AVENUE OF THE STARS SUITE 260 LOS ANGELES CA 90067 PROF ENG CONSULTING 453300 CALIFORNIA INSTITUTE OF TECHNOLOGY 1200 E California Blvd PASADENA CA 91125 SCIENTIFIC SERVICES 512209 BCF SOLUTIONS INC 14325 WILLARD ROAD SUITE 107 CHANTILLY VA 20151 PROF SERVICES 242768 M3 ENGINEERING 2051 W SUNSET ROAD 101 TUCSON AZ 85704 ENGINEERING 502298 ADAPTIVE OPTICS ASSOCIATES INCORPOR 10 WILSON ROAD CAMBRIDGE MA 02138 ENGINEERING 175000 8 232676 6234886 6467562 0 1943 1943 0 0 0 0 0 0 0 0 0 0 6469505 1943 0 0 0 0 203469 57601 145868 0 588598 166628 421970 395518 282249 113269 115979 82765 33214 198567 141701 56866 0 53754 53754 5061 5061 0 0 0 44350 44350 0 497238 342633 154605 34175 34175 0 374884 374884 176879 176879 0 161099 161099 0 0 200778 200778 112154 112154 SUBCONTRACTS 614636 602358 12278 JPL RELATED EXPENSES 2278850 2278850 FEES 166799 166799 TIO RELATED EXPENSES -1609790 -1609790 76585 76585 4689583 3520880 1168703 0 0 0 4112607 5914498 0 0 6160924 3211769 0 0 0 0 0 0 0 0 108172 79687 1673883 1524210 343256 149673 0 0 0 0 0 0 0 0 0 0 10724959 9355627 684635 992938 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8589923 5132366 9274558 6125304 X 1450401 3230323 0 0 0 0 1450401 3230323 10724959 9355627 1779922 X false true X true false X 15000000 15293700 15100122 6751235 6467562 58612619 0 0 15000000 15293700 15100122 6751235 6467562 58612619 0 58612619 1104 855 1192 3394 1943 8488 0 0 58621107 0.99986 0.99987 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 325898 320468 5430 1347985 1203742 144243 149673 0 DUE TO CALIFORNIA INST OF TECH 3577938 DUE TO TMT INTERNATIONAL OBSERVATORY 1554428 5132366 6469505 6469505 6469505 4689583 4689583 4689583 SCHEDULE D, PART X, LINE 2: TMT HAS NO REPORTING REQUIREMENTS FOR UNCERTAIN TAX PROVISIONS FOR THE YEARS ENDED SEPTEMBER 30, 2015 AND 2014. North America 1 4 Program Services ENGINEERING SERVICES 624105 1 4 1 4 624105 624105 false false false false false false SCHEDULE F, PART I, LINE 3, COLUMN (F): FOREIGN EXPENDITURES ARE TRACKED SEPARATELY ON AN ACCRUAL BASIS IN THE ORGANIZATION'S GENERAL LEDGER. X X true true X X X false false false false false false false false false R DAVID GOODMAN CHIEF OPERATING OFFICER 192994 0 0 0 388 0 31839 0 24760 0 249981 0 0 0 ERIC WILLIAMS TELESCOPE OPTICS GROUP LEADER 220971 0 0 0 430 0 27142 0 19824 0 268367 0 0 0 LARRY STEPP TELESCOPE DEPARTMENT HEAD 232834 0 0 0 0 0 35302 0 11793 0 279929 0 0 0 MARK SIROTA TELESCOPE CTRLS GROUP LEADER 205761 0 0 0 2218 0 32289 0 22295 0 262563 0 0 0 RAVINDER BHATIA ASSOCIATE PROJECT MANAGER 225028 0 0 0 624 0 28237 0 24711 0 278600 0 0 0 SANDRA DAWSON MANAGER-HAWAII COMMUNITY AFF 204715 0 0 0 19588 0 31359 0 21320 0 276982 0 0 0 SCHEDULE J, PART I, LINE 1A: TMT PAID A GROSS UP PAYMENT AND SOCIAL CLUB DUES FOR ONE OF ITS HIGHEST COMPENSATED EMPLOYEES. THESE PAYMENTS WERE TREATED AS TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 3: Henry Yang, the CEO, is not compensated by TMT. R. David Goodman, CHIEF OPERATING OFFICER handleS the day-to-day operations of the organization. SCHEDULE J, PART II THE AMOUNTS INCLUDED ON PART VII AND SCHEDULE J, PART II REFLECT W-2 COMPENSATION AMOUNTS PAID BY TMT TO THE LISTED INDIVIDUALS. CERTAIN LISTED INDIVIDUALS RENDER SERVICE TO TMT INTERNATIONAL OBSERVATORY (TIO), AN UNRELATED ORGANIZATION, PURSUANT TO A PERSONNEL ADMINISTRATIVE AGREEMENT. TMT IS REIMBURSED BY TIO FOR ANY SUCH SERVICES. PART I, LINE 1 AND PART III, LINES 1 AND 4A: ORGANIZATION'S MISSION AND PROGRAM SERVICE ACTIVITY TMT OBSERVATORY CORPORATION (TMT) IS A NONPROFIT PUBLIC BENEFIT CORPORATION FOUNDED BY THE REGENTS OF THE UNIVERSITY OF CALIFORNIA (UC) AND CALIFORNIA INSTITUTE OF TECHNOLOGY (CALTECH), HEREINAFTER COLLECTIVELY "FOUNDING MEMBERS" AND WAS ORIGINALLY INCORPORATED AS THE "CELT DEVELOPMENT CORPORATION" ON OCTOBER 30, 2003. THE FOUNDING MEMBERS ESTABLISHED TMT FOR THE INITIAL PURPOSE OF DEVELOPING THE DESIGN OF A GIANT SEGMENTED MIRROR TELESCOPE, THE THIRTY METER TELESCOPE, WITH THE POTENTIAL OF CONSTRUCTING, COMMISSIONING AND OPERATING AN OBSERVATORY. IN ADDITION TO THE GOALS AND MISSIONS AS DESCRIBED ABOVE, TMT WILL FOSTER SCIENTIFIC INTERACTION BETWEEN EDUCATIONAL AND RESEARCH INSTITUTIONS TO FURTHER COLLEGE AND UNIVERSITY EDUCATIONAL RESEARCH IN ASTRONOMY. FORM 990, PART VI, LINE 2: BUSINESS RELATIONSHIPS CHAIR, DR. HENRY YANG, IS CHANCELLOR AT THE UNIVERSITY OF CALIFORNIA, SANTA BARBARA. DIRECTOR, DR. MICHAEL BOLTE, DIRECTOR, NATHAN BROSTROM, AND SECRETARY, LARRY ADKISON ARE EMPLOYED BY THE UNIVERSITY OF CALIFORNIA. TREASURER DEAN CURRIE, IS VP FOR BUSINESS AND FINANCE AT CALIFORNIA INSTITUTE OF TECHNOLOGY. VICE CHAIR B. THOMAS SOIFER, IS Chair, Division of Physics, Mathematics and Astronomy AT CALIFORNIA INSTITUTE OF TECHNOLOGY. DIRECTOR SHRINIVAS KULKARNI, IS PROFESSOR OF ASTRONOMY AND PLANETARY SCIENCE AND DIRECTOR OF OPTICAL OBSERVATORIES AT CALIFORNIA INSTITUTE OF TECHNOLOGY. SECRETARY ANN MARTIN IS ASSOCIATE GENERAL COUNSEL AT CALIFONIA INSTITUTE OF TECHNLOGY. FORM 990, PART VI, LINES 6 AND 7: MEMBERS TMT HAS TWO MEMBERS UNIVERSITY OF CALIFORNIA (UC) AND CALIFORNIA INSTITUTE OF TECHNOLOGY (CALTECH). Governance decisions of the organization including the appointment and number of directors, admission of new members and the terms of such admission are reserved to the members of the organization. FORM 990, PART VI, LINE 11B: PROCESS USED BY THE ORGANIZATION TO REVIEW FORM 990 WORKING WITH PRICEWATERHOUSECOOPERS, LLP ("PWC"), THE FORM 990 IS PREPARED. THE FORM 990 IS THEN REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. PRIOR TO FILING WITH THE IRS THE FINAL FORM 990 IS MADE AVAILABLE TO THE FULL BOARD. PWC SIGNS THE RETURN AS PAID PREPARER AND ELECTRONICALLY FILES THE RETURN WITH THE IRS. FORM 990, PART VI, LINE 12C: CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS, TMT OBSERVATORY CORPORATION ("TMT") DISTRIBUTES CONFLICT OF INTEREST LETTERS WHICH THE BOARD MEMBERS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES COMPLETE AND RETURN. MANAGEMENT OF TMT REVIEWS THE RETURNED FORMS FOR COMPLIANCE. IF A CONFLICT IS DISCOVERED IT IS ESCALATED TO THE APPROPRIATE PARTY WITHIN THE ORGANIZATION. FORM 990, PART VI, LINE 15: PROCESS OF DETERMINING COMPENSATION TMT has an executive compensation committee that annually reviews the compensation of the organizations key employees and highest compensated employees. The committees deliberations are documented. The committee does not review ALL employees' compensation, only key employees and highest compensated employees. FORM 990, PART VI, LINE 18: FORM 990 WILL ALSO BE MADE AVAILABLE THROUGH GUIDESTAR.ORG. FORM 990, PART VI, LINE 19: GOVERNING DOCUMENTS AND POLICIES DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24D: IN 2014, TMT ENTERED INTO AN AGREEMENT WITH TIO FOR THE PROVISION OF ADMINISTRATIVE AND LABOR SERVICES. THE PAYMENT FOR THESE SERVICES IS REFLECTED ON THIS LINE.