2015-05-12T15:52:20-05:00 2014-06-30 310893064 DALE SAYLOR & ASSOCIATES CPA'S 5640 FRANTZ ROAD DUBLIN OH 43017 990 2013-07-01 311458153 SCIENCE AND TECHNOLOGY CAMPUS CORP SCIE 6146754100 1275 KINNEAR ROAD COLUMBUS OH 43212 MICHAEL SUHOVECKY TREASURER 6146754100 2015-04-22 true DALE R SAYLOR CPA P00367146 6147664224 2015-05-12 X 2013 2016-03-07 17:11:31Z KEITH MYERS 1275 KINNEAR ROAD COLUMBUS OH 43212 6303138 false X WWW.STCC.ORG X 1996 OH THE CORPORATION IS FORMED AND ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF ADVANCING, ENCOURAGING AND PROMOTING THE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIL DEVELOPMENT OF AN AREA TO SERVE AS A RESEARCH PARK FOR THE COMMON BENEFIT AND GENERAL WELFARE OF THE OHIO STATE UNIVERSITY, THE STATE OF OHIO, FRANKLIN COUNTY, OHIO, THE CITY OF COLUMBUS, OHIO AND THEIR RESPECTIVE COMMUNITIES. 7 4 0 0 318214 300000 4829572 6003101 194015 -83402 0 5341801 6219699 0 0 168690 0 0 4587003 5354986 4587003 5523676 754798 696023 35985048 35191078 24701072 23211079 11283976 11979999 X THE CORPORATION IS FORMED AND ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF ADVANCING, ENCOURAGING AND PROMOTING THE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIL DEVELOPMENT OF AN AREA TO SERVE AS A RESEARCH PARK FOR THE COMMON BENEFIT AND GENERAL WELFARE OF THE OHIO STATE UNIVERSITY, THE STATE OF OHIO, FRANKLIN COUNTY, OHIO, THE CITY OF COLUMBUS, OHIO AND THEIR RESPECTIVE COMMUNITIES. false false 5523676 SCIENCE AND TECHNOLOGY CAMPUS CORP (SCITECH) IS A NOT-FOR-PROFIT CORPORATION AFFILIATED WITH THE OHIO STATE UNIVERSITY (OSU). SCITECH IS THE SOLE DEVELOPER OF THE 53 ACRE INNOVATION PARK ON THE CAMPUS OF OSU FOR THE PURPOSE OF CONSTRUCTING AN ENHANCED SCIENCE AND TECHNOLOGY CAMPUS. IT PROVIDES SPACE FOR TECHNOLOGY RELATED ENTERPRISES AND RESEARCH AND DEVELOPMENT ENTITIES. SCITECH ALSO PROVIDES FACILITIES FOR COMMERCIAL ENTERPRISES AND RESEARCH AND DEVELOPMENT INSTITUTES THAT CAN BENEFIT FROM THE RESOURCES AVAILABLE IN THE UNIVERSITY COMMUNITY. ADDITIONALLY, SCITECH HELPS FACULTY MEMBERS TAKE UNIVERSITY RESEARCH TO COMMERCIALIZATION VIA START-UP COMPANIES, THUS ENCOURAGING ENTREPENEURSHIP IN HIGH TECHNOLOGY IN COLUMBUS, OHIO. 5523676 true true false false false false false false false false true false false false false true true false false false false false false false false false false false false true false false false false false true false false false false false false false false false false false true 15 0 true 0 false false false false false false X 7 4 true false false false false true false true false false false true true true true true true false false true true OH X X MICHAEL SUHOVECKY TREASURER SCIENCE AND TECHNOLOGY CAMPUS CORP 6146754100 1275 KINNEAR ROAD COLUMBUS OH 43212 CAROLINE WHITACRE BOARD CHAIR X 0 0 0 TED CELESTE BOARD MEMBER X 0 0 0 WILLIAM WESTBROOK BOARD MEMBER X 0 0 0 KRIS DEVINE BOARD MEMBER X 0 0 0 BLAKE THOMPSON BOARD MEMBER X X 0 0 0 KENNY MCDONALD BOARD MEMBER X 0 0 0 TOM WALKER BOARD MEMBER X 0 0 0 MICHAEL SUHOVECKY TREASURER 25.00 X 171114 0 0 KEITH MYERS PRESIDENT 8.00 X 0 0 0 MICHAEL MITCHELL SECRETARY X 0 0 0 171114 1 false true false RUSCILLI CONSTRUCTION 2041 ARLINGATE LANE COLUMBUS OH 43228 CONSTRUCTION 3570390 ADENA COMMERCIAL LLC 8800 LYRA DRIVE STE 650 COLUMBUS OH 43240 PROPERTY MGMT 384331 FRANCIS WAYNE LTD 2117 WEST FIRST STREET SPRINGFIELD OH 45504 CONSTRUCTION 355470 ACE BUILDING MAINTENANCE CO PO BOX 24190 COLUMBUS OH 432240190 MAINTENANCE 219824 ENVIRONMENTAL MANAGEMENT PO BOX 175 DUBLIN OH 43017 LANDSCAPING 169545 8 300000 300000 RENTAL INCOME 5966817 5966817 OTHER FEES 36284 36284 6003101 37 37 83439 -83439 -83439 -83439 6219699 5919662 37 168690 168690 9229 9229 21775 21775 160337 160337 11535 11535 3416 3416 3032951 3032951 413 413 3085 3085 858352 858352 1231460 1231460 19541 19541 ARMADA NOTE BAD DEBT EXP. 2892 2892 5523676 5523676 0 0 762348 1037506 163350 169189 300488 311173 741422 407255 46075886 12872093 33955278 33203793 62162 62162 35985048 35191078 618116 491428 3513318 3262110 20569638 19457541 24701072 23211079 X 11283976 11979999 11283976 11979999 35985048 35191078 696023 X false true X false false X 1560492 1151815 1645807 318214 300000 4976328 1560492 1151815 1645807 318214 300000 4976328 4976328 39111 2681 61 15 37 41905 5018233 6003101 0.99160 0.99180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 128932 128932 33523391 7797894 25725497 12263409 4914242 7349167 160154 159957 197 33203793 6219699 6219699 6219699 5523676 5523676 5523676 SCHEDULE D, PAGE 3, PART X GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE THE CORPORATION TO EVALUATE THE LEVEL OF UNCERTAINTY RELATED TO WHETHER TAX POSITIONS TAKEN WILL BE SUSTAINED UPON EXAMINATION. ANY POSITIONS TAKEN THAT DO NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD MUST BE QUANTIFIED AND RECORDED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING BALANCE SHEET ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. MANAGEMENT BELIEVES THAT NONE OF THE TAX POSITIONS TAKEN WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS AND NO SUCH LIABILITIES HAVE BEEN RECORDED. IN GENERAL, THE CORPORATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE PERIOD PRIOR TO JUNE 30, 2010. SCHEDULE D, PAGE 4, PART XIII THERE ARE NO RECONCILING ITEMS BETWEEN THE AUDITED FINANCIAL STATEMENTS AND THE FORM 990. false false false false false false false false false MICHAEL SUHOVECKY TREASURER 171114 171114 MICHAEL SUHOVECKY TREASURER 168690 PROJECT DEV. FEES false FORM 990 - ORGANIZATION'S MISSION THE CORPORATION IS FORMED AND ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF ADVANCING, ENCOURAGING AND PROMOTING THE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIL DEVELOPMENT OF AN AREA TO SERVE AS A RESEARCH PARK FOR THE COMMON BENEFIT AND GENERAL WELFARE OF THE OHIO STATE UNIVERSITY, THE STATE OF OHIO, FRANKLIN COUNTY, OHIO, THE CITY OF COLUMBUS, OHIO AND THEIR RESPECTIVE COMMUNITIES. FORM 990, PAGE 6, PART VI, LINE 2 MICHAEL SUHOVECKY WILLIAM WESTBROOK TREASURER BOARD MEMBER PARTNERS -BRIER HILL ASSOC LLC FORM 990, PAGE 6, PART VI, LINE 7A THE PRESIDENT OF THE OHIO STATE UNIVERSITY HAS THE POWER TO APPOINT FOUR MEMBERS TO SIT ON THE CORPORATION'S BOARD, AND THOSE FOUR MEMBERS MAY BE REMOVED AT ANY TIME BY THE PRESIDENT OF THE OHIO STATE UNIVERSITY. THEN CURRENT BOARD MEMBERS ELECT FIVE ADDITIONAL MEMBERS TO SIT ON THE BOARD FOR ROTATING FIVE YEAR TERMS. FORM 990, PAGE 6, PART VI, LINE 8B THERE IS NO WRITTEN DOCUMENTATION FOR COMMITTEE MEETINGS AS MINUTES ARE ONLY PREPARED FOR THE BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S TREASURER REVIEWS (AND MEETS WITH THE RETURN PREPARER, IF NECESSARY) THE FORM 990. AFTERWARDS, THE TREASURER PRESENTS THE 990 TO THE BOARD OF DIRECTORS FOR REVIEW. AFTER ALL QUESTIONS/COMMENTS HAVE BEEN ADDRESSED FROM BOTH REVIEWS THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THE PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. UPON DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST, THE AFFECTED BOARD MEMBER SHALL EXCUSE HIMSELF FROM THE BOARD MEETING. AT THAT TIME THE REMAINING BOARD MEMBERS WILL DISCUSS THE POTENTIAL CONFLICT AND VOTE UPON WHETHER A CONFLICT OF INTEREST DOES OR DOES NOT EXIST. IF A CONFLICT OF INTEREST IS FOUND TO EXIST, THE BOARD SHALL PURSUE ALTERNATIVES TO THE DISCLOSED TRANSACTION OR ARRANGEMENT. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD SHALL DETERMINE BY A MAJORITY VOTE, OF THE DISINTERESTED DIRECTORS, WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. AFTER MAKING THIS DETERMINATION THE BOARD SHALL DECIDE WHETHER OR NOT TO ENTER INTO THE TRANSACTION OR AGREEMENT. VIOLATIONS OF CONFLICTS OF INTEREST POLICY - IF THE BOARD HAS REASON TO BELIEVE THAT AN INTERESTED PARTY DID NOT DISCLOSE THEIR ACTUAL OR POSSIBLE CONFLICT OF INTEREST THE BOARD SHALL AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE EXPLANATION AND AFTER MAKING FURTHER INVESTIGATION, AS WARRANTED, THE BOARD DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST FROM THE ORGANIZATION.