2015-05-14T16:35:37-05:00 2014-06-30 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2013-07-01 452257442 MGHPCC HOLYOKE INC % CLAIRE CHRISTOPHERSON MGHP 4135524902 100 BIGELOW STREET Suite HOLYOKE MA 01040 THOMAS NEDELL TREASURER 4135524902 2015-05-13 true LEONARD J BERKOWITZ P00872822 4135524902 2013 2016-02-25 16:41:14Z JOHN GOODHUE 100 BIGELOW STREET HOLYOKE MA 01040 3140523 false X www.mghpcc.org X 2011 MA Maintain a facility which will house a high performance computing center to support, assist, enhance, and advance the scientific research activities of its member universities. 5 0 0 0 0 0 0 3140422 135 101 1570211 0 1570346 3140523 0 0 0 0 0 0 0 0 0 1632535 3001090 1632535 3001090 -62189 139433 79528243 78157975 79602655 78092954 -74412 65021 TO OWN 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. false false 3001090 3140523 TO DEVELOP, CONSTRUCT, OWN 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. 3001090 true false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false true 10 0 true 0 false false false false false false false false false false X 5 0 false false false false true true false true true false false true true true true false true true true false MA X CLAIRE CHRISTOPHERSON 4135524902 100 BIGELOW STREET holyoke MA 01040 X melvin bernstein director 1.0 40.0 X 0 334803 53729 thomas chmura director 1.0 40.0 X 0 245630 50714 richard mccullough director 1.0 55.0 X 0 435326 52965 maria zuber director 1.0 60.0 X 0 368471 109534 GLORIA WATERS DIRECTOR 1.0 55.0 X 0 361251 34469 allen marcum Treasurer (Outgoing) 1.0 60.0 X 0 186187 48558 claire christopherson clerk 1.0 50.0 X 0 106767 23568 THOMAS NEDELL TREASURER 1.0 40.0 X 0 427943 51784 JOHN GOODHUE PRESIDENT 60.0 1.0 X 0 227141 74343 Andrei Ruckenstein Former President and Director 1.0 55.0 X 0 338715 59632 CARA ELLIS MCCARTHY FORMER CLERK 1.0 55.0 X 0 104541 45705 0 3136775 605001 0 true true false TURNER CONSTRUCTION COMPANY TWO SEAPORT LANE SUITE 200 BOSTON MA 02210 CONSTRUCTION 6783355 CDF DEVELOPMENT SUBSIDIARY IX LLC 601 East Pratt St BALTIMORE MD 21202 DEVELOPER 170000 MASSDEVELOPMENT NEW MARKETS CDE 10 99 High Street 11th Floor BOSTON MA 02110 DEVELOPMENT 160632 3 0 RENTAL INCOME 531110 3140422 3140422 3140422 101 101 0 0 0 0 0 0 0 0 0 0 3140523 3140422 101 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 597350 597350 0 2329664 2329664 0 BANK FEES 236 236 FEES, PERMITS, LICENSES 514 514 WARRANTY & MAINTENANCE 52237 52237 NMTC FEES & EXPENSES 21089 21089 3001090 3001090 0 0 X 563796 99596 0 0 0 0 0 0 912989 0 0 0 0 0 0 0 0 4006570 76244811 3434197 75248227 72810614 0 0 0 0 0 0 2722382 1162188 80849 79007 79528243 78157975 3273644 399845 0 0 0 0 0 0 0 0 0 0 51243000 51243000 0 0 25086011 26450109 79602655 78092954 X -74412 65021 0 0 0 0 -74412 65021 79528243 78157975 139433 X false true X true false X X false false false MASSACHUSETTS INSTITUTE OF TECHNOLOGY 042103594 02 true true true 0 NORTHEASTERN UNIVERSITY 041679980 02 true true true 0 UNIVERSITY OF MASSACHUSETTS 043167352 0 true true true 0 BOSTON UNIVERSITY 042103547 02 true true true 0 HARVARD UNIVERSITY 042103580 02 true true true 0 5 0 1257798 1257798 74196517 3361853 70834664 178703 26805 151898 611793 45539 566254 72810614 0 LOAN PAYABLE TO MGHPCC LL LLC 25999757 DUE TO MGHPCC INC 450352 26450109 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 LENDERs 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 2014 and 2013. 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 2011 remain open. X X false false false false false false false false false Andrei Ruckenstein Former President and Director 0 326319 0 0 0 12396 0 33910 0 25722 0 398347 0 0 melvin bernstein director 0 322059 0 0 0 12744 0 25500 0 28229 0 388532 0 0 thomas chmura director 0 245630 0 0 0 0 0 46961 0 3753 0 296344 0 0 richard mccullough director 0 396925 0 0 0 38401 0 32565 0 20400 0 488291 0 0 maria zuber director 0 338665 0 24155 0 5651 0 38250 0 71284 0 478005 0 0 allen marcum Treasurer (Outgoing) 0 186187 0 0 0 0 0 25512 0 23046 0 234745 0 0 GLORIA WATERS DIRECTOR 0 327000 0 0 0 34251 0 33910 0 559 0 395720 0 0 THOMAS NEDELL TREASURER 0 382323 0 30960 0 14660 0 25500 0 26284 0 479727 0 0 JOHN GOODHUE PRESIDENT 0 227141 0 0 0 0 0 45344 0 28999 0 301484 0 0 CARA ELLIS MCCARTHY FORMER CLERK 0 104413 0 0 0 128 0 12694 0 33011 0 150246 0 0 SCHEDULE J 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 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. THE COMPENSATION RANGE FOR THE POSITION WHOSE DUTIES INCLUDE CORPORATE CLERK WAS REVIEWED AND APPROVED BY THE HUMAN RESOURCES DEPARTMENT OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY, USING COMPARABILITY DATA, AND APPROVED AS A BUDGET LINE ITEM BY THE BOARD OF DIRECTORS. ALL COMPENSATION IS PAID BY RELATED ORGANIZATIONS. part vi, line 11b 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. part vi, 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. part iv, 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. part vi, line 15b The compensation range for the position whose duties include corporate clerk was reviewed and approved by the human resources department of the massachusetts institute of technology, using comparability data, and approved as a budget line item by the board of directors. part vi, 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. PART VI, 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"). PART VI, 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 business and affairs of the corporation shall be controlled and governed by the board of directors, which shall have the right to exercise all powers of the corporation as permitted by law. The board shall be comprised of the members of the Executive Committee of The Massachusetts Green High Performance Computing Center, Inc. serving ex officio. Massachusetts institute of technology 77 Massachusetts Ave NE49-314 cambridge MA 02139 042103594 Education MA 501(c)3 Line 2 NA false Northeastern University 360 Huntington Ave boston MA 02115 041679980 education MA 501(c)3 Line 2 NA false university of massachusetts 225 franklin street boston MA 02110 043167352 education MA 115 na false boston university 881 COMMONWEALTH AVE 4TH FL boston MA 02215 042103547 education MA 501(c)3 line 2 na false harvard university massachusetts hall cambridge MA 02138 042103580 education MA 501(c)3 line 2 na false mghpcc inc 100 bigelow st holyoke MA 01040 273014805 research MA 501(c)3 11A Type I na false mghpcc leverage lender llc 77 Massachusetts Avenue cambridge MA 02139 274004162 real estate MA mghpcc inc excluded false false false false false false true false false false false true false false false false false false false false false MGHPCC INC j 600000 cash MGHPCC INC j 2540422 accrual mghpcc leverage lender llc e 25999757 accrual