2014-09-30T11:55:16-05:00 2013-12-31 431892095 Davis Associates CPAs 4119 N Hwy 67 Florissant MO 63034 990 2013-01-01 300082817 Center of Research Technology and Entrepreneurial CENT 4320 Forest Park Ave Saint Louis MO 63108 Dennis Lower President CEO 3145314500 2014-09-30 true Darlene M Davis CPA P00644326 3146530008 2014-09-30 2013 2015-11-30 17:44:51Z Exchange Dennis Lower 2005280 false X www.cortexstl.com X 2002 MO Prevention of community deterioration and foster urban revitilization through real estate acquisition, development, promotion, financing and marketing of tracts of land within a designated development district within the City of St. Louis. 15 15 4 0 0 2935393 1867811 5700 3560729 357 2510428 131412 9006550 2005280 0 0 582762 733950 0 0 3246655 629238 3829417 1363188 5177133 642092 14375503 15457554 3343835 4450599 11031668 11006955 Prevention of community deterioration and foster urban revitilization through real estate acquisition, development, promotion, financing and marketing of tracts of land within a designated development district within the City of St. Louis. false false 949226 137112 CORTEX serves as the manager of St. Louis Land Company, L.L.C. (SLLC) a Missouri limited liability company, that serves as a land holding entity in the revitalization of an approximate 1,000 acre tract of land in midtown St. Louis that will serve as a center of research, technology and entrepreneurial exchange. CORTEX is the manager of SLLC and incurred expenses in developing and maintaining the property. 949226 true true false false false false false false false true false false true false false true 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 true true false false true 14 0 true 4 true false false false false false false false false false false false false X 15 15 true false false false true true true true true false false true true true true true true true true false X William Wegener EVS 3149630955 1401 S Brentwood Saint Louis MO 63144 Dennis Lower President Ex-officio 40.00 0.00 X X X 254598 0 0 Henry S Webber Chairman 6.00 0.00 X X 0 0 0 Lewis A Levey Director 3.00 0.00 X 0 0 0 John P Dubinsky Chairman of Board Director 6.00 0.00 X X 0 0 0 Donn Rubin Assistant Treasurer Director 3.00 0.00 X X 0 0 0 Robert Cannon Director 5.00 0.00 X 0 0 0 Thomas F George Director 2.00 0.00 X 0 0 0 Nasser Arshadi Director 3.00 0.00 X 0 0 0 Steven H Lipstein Director 2.00 0.00 X 0 0 0 Robert Herleth Secretary Treasurer Director 4.00 0.00 X X 0 0 0 Mark S Wrighton Director 2.00 0.00 X 0 0 0 John F McDonnell Director 2.00 0.00 X 0 0 0 Joseph D Roddy Ex-Officio 1.00 0.00 X 0 0 0 Raymond Tait Director 2.00 0.00 X 0 0 0 Peter Pierotti Director 3.00 0.00 X 0 0 0 Jeff Rainford Ex-Officio 5.00 0.00 X 0 0 0 Otis Williams Ex-Officio 1.00 0.00 X 0 0 0 Joe Reagan Director 3.00 0.00 X 0 0 0 David Heimburger Director 3.00 0.00 X 0 0 0 Michael Sullivan Assistant Secretary 40.00 0.00 X 124666 0 0 Amy Kimball Assistant Secretary 40.00 0.00 X 47354 0 0 426618 0 0 2 false true false Armstrong Teasdale LLP PO Box 790100 Saint Louis MO 631799933 Legal 386603 Lewis Rice Fingersh 600 Washington Ave Ste 2500 Saint Louis MO 631011311 Legal 159057 2 1867811 1867811 Gross Rental Income 531120 5700 5700 5700 357 357 Management Fee 541900 130759 130759 Miscellaneous Income 900099 653 653 131412 2005280 137112 0 357 X 426618 366944 59674 122521 105383 17138 184811 158938 25873 172904 101280 71624 230620 110671 119949 8 8 3505 3505 44101 44101 11716 11716 Bank Charges 95 95 Miscellaneous 96360 32568 63792 Other Program Support 62231 62231 7698 7698 1363188 949226 413962 0 6601528 803792 3075315 2046483 5490 10377 7092872 331624 7633381 6761248 135104 2760339 14375503 15457554 227301 598647 3116534 3851952 3343835 4450599 X 11031668 11006955 11031668 11006955 14375503 15457554 X 642092 -666805 X false true X true false X 2750500 520000 927322 2199552 1867811 8265185 2750500 520000 927322 2199552 1867811 8265185 1289842 6975343 2742251 2953178 3268386 2375331 6057 11345203 67225 23061 123655 135315 131412 480668 20091056 0.34720 0.45150 X Other income (Part II, line 10 or Part III, line 12) 2009Management Fee: 67,2252010Management Fee: 22,932 MO Comp Ded: 1292011Exp Recoveries: 53,028Management Fee: 67,210 Interest: 171 Miscellaneous: 3,2462012Management Fee: 106,245 Miscellaneous: 29,0702013Management Fee: 130,759 Miscellaneous: 653 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5638691 5638691 1386807 282103 1104704 67374 49521 17853 6761248 Due from Affiliates 2760339 2760339 2100983 95703 95703 2005280 2005280 1645781 282593 282593 1363188 1363188 Other revenues not included on Form 990 (Part XI, line 2d) This includes revenues of CORTEX West Redevelopment Corporation (20-1366201) which separately filed Form 1120. Other expenses not included on Form 990 (Part XII, line 2d) This includes expenses of CORTEX West Management Corporation (26-2230724) and CORTEX West Redevelopment Corporation (20-1366201) which separately filed Form 1120. X true true X X X X false false false false false false false false false Dennis Lower President Ex-officio 254598 254598 Officer directors etc family relationship Part VI line 2 Business Relationship Members or stockholder classes and rights Part VI line 6 Center of Research, Technology and Entrepreneurial Exchange has four permanent members. Member election for additional members Part VI line 7a The four permanent members elect eight directors (two each) and the board elects up to seven directors and up to five ex-officio directors. Governing body decisions Part VI line 7b The members and directors oversee the actions of the Board of Directors. Form 990 governing body review Part VI line 11 The Form 990 is given to the audit committee of the board for review and made available to all board members prior to filing. Conflict of interest policy compliance Part VI line 12c Based upon answers to the Conflict of Interest questionnaire discussion is held among the Board Members as to any action necessary. CEO executive director top management comp Part VI line 15a The board reviews and approves the compensation of the CEO. Other officer or key employee compensation Part VI line 15b The board reviews and approves the compensation of the highest compensated employees. Governing documents etc available to public Part VI line 19 Any documents are made available upon request at the organization's offices. Explanation of other changes in net assets or fund balances Part XI line 9 CORTEX West Management Corporation (26-2230724) and CORTEX West Redevelopment Corporation (20-1366201) are consolidated into Center of Research Tehnology and Entrepreneurial Exchange for their audited financial statements. However, they are separate legal entities and are required to file Form 1120. Both have been filed for 2013. In the prior year, these consolidated entities' net assets were included on the 990. Those assets have been reported on each entities tax return for 2013. Net asset adjustment amounted to $666,805. List of other fees for services expenses Part IX line 11g CONSULTING FEES INCURRED St Louis Innovation District 4320 Forest Park Ave Saint Louis MO 63108 Real Estate Development MO Center of Research Technology and Entrep St Louis Land Company LLC 4320 Forest Park Ave Saint Louis MO 63108 134229138 Land Assembly MO N/A false false 0.00000 CORTEX West Redevelopment 4320 Forest Park Ave Saint Louis MO 63108 201366201 Real Estate Development MO Center of Research Technology and Entrep C Corp 211148 211148 1.00000 true CORTEX West Management Corporation 4320 Forest Park Ave Saint Louis MO 63108 262230724 Management MO Center of Research Technology and Entrep C Corp -59339 -365226 1.00000 true false false false false false false false false false false false false false true false false true false false CORTE West Redevelopment q 60703 Cash CORTEX West Management Corporation q 59339 Cash St Louis Land Company LLC p 77103 Cash St Louis Land Company d 77103 Cash