INDIANA UNIVERSITY RESEARCH & TECHNOLOGY CORP: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- INDIANA UNIVERSITY RESEARCH & TECHNOLOGY CORP (EIN 35-1990726)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-04-10
- IRS object ID
- 201411009349300911
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-04-10T13:40:04-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351489521 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREENWALT CPAS INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5342 W VERMONT STREET | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46224 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351990726 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDIANA UNIVERSITY RESEARCH & TECHNOLOGY | BusinessNameLine1 |
| Business Name Line2 | CORPORATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | INDI | NameControl |
| Phone | 3172781911 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 351 WEST 10TH STREET | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46202 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANTHONY T ARMSTRONG | Name |
| Title | CEO | Title |
| Phone | 3172781901 | Phone |
| Date Signed | 2014-03-29 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANITA W SHERMAN CPA | Name |
| PTIN | P01395184 | PTIN |
| Phone | 3172412999 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ANTHONY T ARMSTRONG | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 351 WEST 10TH STREET | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5523952 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.IURTC.IU.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1996 | YearFormation |
| State Legal Domicile | IN | StateLegalDomicile |
| Activity Or Mission Description | THE INDIANA UNIVERSITY RESEARCH AND TECHNOLOGY CORPORATION (IURTC) SERVES INDIANA UNIVERSITY, THE STATE OF INDIANA, AND THE NATION THROUGH CREATION AND APPLICATION OF THE UNIVERSITY DEVELOPED TECHNOLOGIES AND SERVICES, AND THE EXPANDED LINKAGE OF THE PRIVATE SECTOR TO THE UNIVERSITY. IURTC HAS ASSISTED THE UNIVERSITY AND ITS FACULTY IN PATENTING AND ADVANCING UNIVERSITY TECHNOLOGY THROUGH LICENSING WITH EXISTING COMPANIES, AND ESTABLISHING NEW COMPANIES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 26 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | -72501 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -441929 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 9197 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 408225 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2049019 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2207227 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 814550 | InvestmentIncomePriorYear |
| Investment Income Current Year | 431960 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 16878 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1621320 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2889644 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4668732 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2436730 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2653072 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4203842 | OtherExpensePriorYear |
| Other Expenses Current Year | 3143226 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6640572 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5796298 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3750928 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1127566 | RevenuesLessExpensesCY |
| Total Assets BOY | 36202092 | TotalAssetsBOY |
| Total Assets EOY | 33631094 | TotalAssetsEOY |
| Total Liabilities BOY | 3298036 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2881129 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 32904056 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 30749965 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE INDIANA UNIVERSITY RESEARCH AND TECHNOLOGY CORPORATION (IURTC) SERVES INDIANA UNIVERSITY, THE STATE OF INDIANA, AND THE NATION THROUGH CREATION AND APPLICATION OF THE UNIVERSITY DEVELOPED TECHNOLOGIES AND SERVICES, AND THE EXPANDED LINKAGE OF THE PRIVATE SECTOR TO THE UNIVERSITY. IURTC HAS ASSISTED THE UNIVERSITY AND ITS FACULTY IN PATENTING AND ADVANCING UNIVERSITY TECHNOLOGY THROUGH LICENSING WITH EXISTING COMPANIES, AND ESTABLISHING NEW COMPANIES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3422048 | Expense |
| Description | TECHNOLOGY COMMERCIALIZATION PROMOTES THE TRANSFER OF NEW DISCOVERIES FROM THE LABORATORY TO THE MARKETPLACE THROUGH PATENTING AND LICENSING OF UNIVERSITY INVENTIONS. TECHNOLOGY COMMERCIALIZATION FORMS KEY PARTNERSHIPS WITH CORPORATIONS AND BUSINESS ASSISTANCE PROVIDERS TO ENSURE THAT A PRODUCT, FORMULA, OR PROCESS IS VIABLE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 948164 | Expense |
| Description | IU INNOVATION CENTER - INDIANAPOLIS - (IUIC - INDIANAPOLIS) FORMERLY THE INDIANA UNIVERSITY EMERGING TECHNOLOGIES CENTER - THE IURTC OPERATES THE IUIC - INDIANAPOLIS, A LIFE SCIENCES AND INFORMATION TECHNOLOGY BASED BUSINESS INCUBATOR IN INDIANAPOLIS, INDIANA. THE IURTC IS RESPONSIBLE FOR OPERATIONS AND MAINTENANCE OF THE FACILITY. THE IURTC COLLABORATES WITH THE UNIVERSITY AND THE INDIANA UNIVERSITY FOUNDATION (IUF) ON THE USES OF THE FACILITY AND FUNDING STREAMS TO SUPPORT THE FACILITY. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 32247 | Expense |
| Description | IU TECHNOLOGY CORRIDOR - (IUTC) - THE IURTC LEASES THE PREMISES FROM THE UNIVERSITY TO DEVELOP, OPERATE AND MAINTAIN A RESEARCH AND ADVANCED TECHNOLOGY PARK NEAR THE BLOOMINGTON, INDIANA CAMPUS. | Description |
Activity Other ActivityOther (3 entries)
| ExpenseExpense | DescriptionDescription |
|---|---|
| 267761 | INSTITUTE FOR JUVENILE COURT AND CORRECTIONS RESEARCH (IJCCR) THIS PROGRAM HAS BEEN IMPLEMENTED IN COOPERATION WITH CALAMARI PRODUCTIONS. THE IURTC MANAGES, PROMOTES, AND LICENSES VIDEO CONTENT OF JUVENILE COURT AND CORRECTIONS PROCEEDINGS FOR RESEARCH AND EDUCATIONAL OPPORTUNITIES |
| 137057 | SPIN UP THE SPIN UP PROGRAM IS ESTABLISHED TO FULLY REALIZE THE BENEFITS OF UNIVERSITY INNOVATIONS THROUGH START-UP COMPANY FORMATION AND SUPPORT. |
| 369429 | INVESTMENTS - THE IURTC MANAGES THE BUSINESS AND INVESTMENTS UNDER THE IIF REGARDING PLANNING, OPERATIONS, AND INVESTMENTS. THE IIF IS ESTABLISHED TO ACQUIRE, HOLD, DISPOSE, AND MANAGE INVESTMENTS IN LIFE SCIENCE AND TECHNOLOGY COMPANIES. AN INVESTMENT COMMITTEE IS UTILIZED TO ASSIST WITH INVESTMENT DECISIONS. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 774247 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 5176706 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 130 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 26 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL J BURTON CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3172781911 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 351 WEST 10TH STREET | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46202 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| ANTHONY ARMSTRONG | ||||||||
| PRESIDENT AND CEO | 40.00 | X | X | 0 | 227237 | 31011 | ||
| MICHAEL MCROBBIE | ||||||||
| MEMBER | 1.00 | X | 0 | 966404 | 43797 | 40.00 | ||
| WILLIAM STEPHAN | ||||||||
| MEMBER | 1.00 | X | 0 | 292340 | 34481 | 40.00 | ||
| ROBERT SCHNABEL | ||||||||
| MEMBER | 1.00 | X | 0 | 292350 | 34521 | 40.00 | ||
| BRADLEY WHEELER | ||||||||
| MEMBER | 1.00 | X | 0 | 312960 | 34069 | 40.00 | ||
| THEODORE WIDLANSKI | ||||||||
| MEMBER | 1.00 | X | 0 | 217379 | 33221 | 40.00 | ||
| CRAIG BRATER | ||||||||
| MEMBER | 1.00 | X | 0 | 594187 | 59070 | 40.00 | ||
| DAVID JOHNSON | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| CHARLES SCHALLIOL | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| DANIEL SMITH | ||||||||
| MEMBER | 1.00 | X | 0 | 324710 | 33535 | 40.00 | ||
| JORGE JOSE | ||||||||
| MEMBER | 1.00 | X | 0 | 305019 | 29774 | 40.00 | ||
| GARY ANDERSON | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| PAT CALLAHAN | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| RICHARD DIMARCHI | ||||||||
| MEMBER | 1.00 | X | 0 | 164160 | 12060 | 40.00 | ||
| HARRY GONSO | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| MARK HILL | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM NEALE | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| MARIE KERBESHIAN | ||||||||
| VP OF TECH COMMUNICATION | 40.00 | X | 182419 | 0 | 45930 | |||
| MICHAEL BURTON | ||||||||
| VP OF FINANCE | 40.00 | X | 119317 | 0 | 38988 | |||
| KEN GREEN | ||||||||
| VP OF ENTREPRENEURIAL VENTURES | 40.00 | X | 23702 | 0 | 3491 | |||
| BILLY BRIZZARD | ||||||||
| DIRECTOR OF TECHNOLOGY TRANSFER | 40.00 | 100204 | 0 | 19729 | X | |||
| JOSEPH TREBLEY | ||||||||
| HEAD OF STARTUP SUPPORT & PROMOTION | 40.00 | 108190 | 0 | 11848 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 533832 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 3696746 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 465525 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| BARNES & THORNBURG LLP | |||||
| 11 S MERIDIAN ST | INDIANAPOLIS | IN | 46204 | LEGAL | 870069 |
| FAEGRE BAKER & DANIELS | |||||
| 600 E 96TH ST SUITE 600 | INDIANAPOLIS | IN | 46240 | LEGAL | 368774 |
| COOLEY LLP | |||||
| 101 CALIFORNIA 5TH FLOOR | SAN FRANCISCO | CA | 94111 | LEGAL | 134922 |
| BRANNON ROBINSON SOWERS HUGHEL & DOSS | |||||
| 1 N PENNSYLVANIA ST SUITE 800 | INDIANAPOLIS | IN | 46204 | LEGAL | 111767 |
| QUARLES & BRADY | |||||
| 411 E WISCONSIN AVE | MILWAUKEE | WI | 53202 | LEGAL | 102835 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 408225 | AllOtherContributions |
| Total Contributions | 408225 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MANAGEMENT FEES -- IU CONTRACT RE | 541610 | 1669816 | 1669816 |
| RENT INCOME | 531120 | 530476 | 530476 |
| SERVICE REVENUE | 541610 | 6935 | 6935 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2207227 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 171611 | TotalRevenueColumn |
| Exclusion | $171,611 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1598958 | TotalRevenueColumn |
| Exclusion | $1,598,958 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1115569 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 855220 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 260349 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 260349 | TotalRevenueColumn |
| Related Or Exempt Function Income | 51296 | RelatedOrExemptFunctionIncome |
| Exclusion | $209,053 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| MANAGEMENT FEES - IIF | 541900 | 197600 | 197600 | |
| ADMINISTRATIVE FEES | 541900 | 102330 | 102330 | |
| OTHER INCOME | 541900 | 2863 | 2863 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -280431 | TotalRevenueColumn |
| Unrelated Business Revenue | -270101 | UnrelatedBusinessRevenue |
| Exclusion | -$10,330 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 22362 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4668732 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2363716 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -72501 | UnrelatedBusinessRevenue |
| Exclusion | $1,969,292 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 867421 | Total |
| Program Services | 515909 | ProgramServices |
| Management And General | 351512 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1202961 | Total |
| Program Services | 849077 | ProgramServices |
| Management And General | 353884 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 178806 | Total |
| Program Services | 133668 | ProgramServices |
| Management And General | 45138 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 269837 | Total |
| Program Services | 168841 | ProgramServices |
| Management And General | 100996 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 134047 | Total |
| Program Services | 97867 | ProgramServices |
| Management And General | 36180 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1479775 | Total |
| Program Services | 1432268 | ProgramServices |
| Management And General | 47507 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32210 | Total |
| Program Services | 2610 | ProgramServices |
| Management And General | 29600 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 517917 | Total |
| Program Services | 459467 | ProgramServices |
| Management And General | 58450 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84417 | Total |
| Program Services | 65267 | ProgramServices |
| Management And General | 19150 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74720 | Total |
| Program Services | 50991 | ProgramServices |
| Management And General | 23729 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36650 | Total |
| Program Services | 26755 | ProgramServices |
| Management And General | 9895 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 344580 | Total |
| Program Services | 322515 | ProgramServices |
| Management And General | 22065 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70301 | Total |
| Program Services | 54224 | ProgramServices |
| Management And General | 16077 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 464648 | Total |
| Program Services | 434701 | ProgramServices |
| Management And General | 29947 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2049 | Total |
| Program Services | 2049 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| DUES AND SUBSCRIPTIONS | 26165 | 18323 | 7842 |
| PERSONNEL EXPENSES | 9127 | 6461 | 2666 |
| PRINTING | 667 | 520 | 147 |
| PERSONNELL COST ALLOCAT | 0 | 535193 | -535193 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5796298 | Total |
| Program Services | 5176706 | ProgramServices |
| Management And General | 619592 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4922481 | BOY |
| EOY | 4828624 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 509157 | BOY |
| EOY | 674229 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 308735 | BOY |
| EOY | 207299 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1487505 | BOY |
| EOY | 955502 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2200 | BOY |
| EOY | 8654 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 17670764 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3840391 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14267498 | BOY |
| EOY | 13830373 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1625728 | BOY |
| EOY | 491962 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13029760 | BOY |
| EOY | 12560326 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49028 | BOY |
| EOY | 74125 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36202092 | BOY |
| EOY | 33631094 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1232424 | BOY |
| EOY | 902030 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1922 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2063690 | BOY |
| EOY | 1979099 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3298036 | BOY |
| EOY | 2881129 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32604771 | BOY |
| EOY | 30481252 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 299285 | BOY |
| EOY | 268713 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32904056 | BOY |
| EOY | 30749965 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36202092 | BOY |
| EOY | 33631094 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1127566 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 23622 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | -1050147 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type1 | X | SupportingOrg509a3Type1 |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDIANA UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 356001673 | EIN |
| Type Of Organization | 6 | TypeOfOrganization |
| Listed In Governing Doc | 1 | ListedInGoverningDoc |
| Supported Organization Notified | 1 | SupportedOrganizationNotified |
| Organized In US | 1 | OrganizedInUS |
| Amount | $791,670 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 791670 | SumOfAmounts |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 500000 | OtherCostOrOtherBasis |
| Book Value | 500000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15661619 | OtherCostOrOtherBasis |
| Depreciation | 2413896 | Depreciation |
| Book Value | 13247723 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 89254 | OtherCostOrOtherBasis |
| Depreciation | 69247 | Depreciation |
| Book Value | 20007 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1419891 | OtherCostOrOtherBasis |
| Depreciation | 1357248 | Depreciation |
| Book Value | 62643 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 13830373 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| NON-PUBLICLY TRADED STOCKS | 2851861 | C |
| IU HEALTH PROTON THERAPY CENTER | 3028465 | C |
| INNOVATE INDIANA FUND I, LLC | 6680000 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 12560326 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| RELATED PARTY PAYABLE: UNIVERSITY | $1,767,115 |
| RELATED PARTY PAYABLE: FOUNDATION | $211,984 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1979099 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 4329406 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 23622 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 687199 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 710821 | RevenueNotRptdF990 |
| Revenue Subtotal | 3618585 | RevenueSubtotal |
| Other Revenues Not Included | 1050147 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 1050147 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4668732 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6483497 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 687199 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 687199 | ExpensesNotRptdF990 |
| Expenses Subtotal | 5796298 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 5796298 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE IURTC IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (CODE). THE IURTC IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. THE IURTC INDIVIDUALLY EVALUATES ITS ACTIVITIES TO DETERMINE THAT THEY ARE IN COMPLIANCE WITH ITS TAX-EXEMPT PURPOSES. FOR THOSE ACTIVITIES THAT THE IURTC DETERMINES TO BE UNRELATED BUSINESS INCOME, THE IURTC RECORDS THE RESULTING UNRELATED BUSINESS INCOME TAX LIABILITY, IF ANY. THE IURTC'S MANAGEMENT DOES NOT BELIEVE IT IS ENGAGED IN ANY ACTIVITIES THAT WOULD CREATE UNCERTAIN TAX POSITIONS. ANY TAX LIABILITIES OWED FOR THE INVESTMENT IN IIF WOULD BE RECORDED IN THE FINANCIAL STATEMENTS. DUE TO LOSS POSITION OF IIF AT JUNE 30, 2013 AND 2012, NO TAXES WERE OWED BY THE IURTC. ALL TAX PERIODS PRIOR TO 2009 FOR THE IURTC ARE NO LONGER SUBJECT TO EXAMINATION. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ADJUSTMENT FOR INCOME FROM PASSTHROUGH ENTITIES 1,050,147. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANTHONY ARMSTRONG | ||||||||||||||
| PRESIDENT AND CEO | 0 | 227237 | 0 | 0 | 0 | 0 | 0 | 21101 | 0 | 9910 | 0 | 258248 | 0 | 0 |
| MICHAEL MCROBBIE | ||||||||||||||
| MEMBER | 0 | 966404 | 0 | 0 | 0 | 0 | 0 | 30000 | 0 | 13797 | 0 | 1010201 | 0 | 0 |
| WILLIAM STEPHAN | ||||||||||||||
| MEMBER | 0 | 292340 | 0 | 0 | 0 | 0 | 0 | 25000 | 0 | 9481 | 0 | 326821 | 0 | 0 |
| ROBERT SCHNABEL | ||||||||||||||
| MEMBER | 0 | 292350 | 0 | 0 | 0 | 0 | 0 | 25000 | 0 | 9521 | 0 | 326871 | 0 | 0 |
| BRADLEY WHEELER | ||||||||||||||
| MEMBER | 0 | 312960 | 0 | 0 | 0 | 0 | 0 | 30000 | 0 | 4069 | 0 | 347029 | 0 | 0 |
| THEODORE WIDLANSKI | ||||||||||||||
| MEMBER | 0 | 217379 | 0 | 0 | 0 | 0 | 0 | 19810 | 0 | 13411 | 0 | 250600 | 0 | 0 |
| CRAIG BRATER | ||||||||||||||
| MEMBER | 0 | 594187 | 0 | 0 | 0 | 0 | 0 | 50000 | 0 | 9070 | 0 | 653257 | 0 | 0 |
| DANIEL SMITH | ||||||||||||||
| MEMBER | 0 | 324710 | 0 | 0 | 0 | 0 | 0 | 30000 | 0 | 3535 | 0 | 358245 | 0 | 0 |
| JORGE JOSE | ||||||||||||||
| MEMBER | 0 | 305019 | 0 | 0 | 0 | 0 | 0 | 25000 | 0 | 4774 | 0 | 334793 | 0 | 0 |
| RICHARD DIMARCHI | ||||||||||||||
| MEMBER | 0 | 164160 | 0 | 0 | 0 | 0 | 0 | 11893 | 0 | 167 | 0 | 176220 | 0 | 0 |
| MARIE KERBESHIAN | ||||||||||||||
| VP OF TECH COMMUNICATION | 182419 | 0 | 0 | 0 | 0 | 0 | 18776 | 0 | 27154 | 0 | 228349 | 0 | 0 | 0 |
| MICHAEL BURTON | ||||||||||||||
| VP OF FINANCE | 119317 | 0 | 0 | 0 | 0 | 0 | 12363 | 0 | 26625 | 0 | 158305 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (7 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| CRAIG BRATER | |||
| BOARD MEMBER OF IURTC | 3028465 | THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF IU HEALTH PARTNERS, INC. IURTC OWNS 50% OF THE SHARES OF IU HEALTH PROTON THERAPY CENTER/MPRI AND IU HEALTH OWNS THE REMAING INTEREST. THE VALUE OF THE INVESTMENT IS LISTED AS THE AMOUNT OF TRANSACTION. | 0 |
| HARRY GONSO | |||
| BOARD MEMBER OF IURTC | 1804579 | THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF INDIANA UNIVERSITY FOUNDATION (IUF). IUF IS A RELATED PARTY TO IURTC. THE VALUE OF TOTAL CASH PAID TO IUF IN 2013 IS LISTED IN THE AMOUNT OF TRANSACTIONS BELOW. | 0 |
| GARY ANDERSON | |||
| BOARD MEMBER OF IURTC | 1804579 | THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF INDIANA UNIVERSITY FOUNDATION (IUF). IUF IS A RELATED PARTY TO IURTC. THE VALUE OF TOTAL CASH PAID TO IUF IN 2013 IS LISTED IN THE AMOUNT OF TRANSACTIONS BELOW. | 0 |
| DANIEL C SMITH | |||
| BOARD MEMBER OF IURTC | 1804579 | THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF INDIANA UNIVERSITY FOUNDATION (IUF). IUF IS A RELATED PARTY TO IURTC. THE VALUE OF TOTAL CASH PAID TO IUF IN 2013 IS LISTED IN THE AMOUNT OF TRANSACTIONS BELOW. | 0 |
| MICHAEL A MCROBBIE | |||
| BOARD MEMBER OF IURTC | 1804579 | THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF INDIANA UNIVERSITY FOUNDATION (IUF). IUF IS A RELATED PARTY TO IURTC. THE VALUE OF TOTAL CASH PAID TO IUF IN 2013 IS LISTED IN THE AMOUNT OF TRANSACTIONS BELOW. | 0 |
| MICHAEL A MCROBBIE | |||
| BOARD MEMBER OF IURTC | 3028465 | THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF IU HEALTH PARTNERS, INC. IURTC OWNS 50% OF THE SHARES OF IU HEALTH PROTON THERAPY CENTER/MPRI AND IU HEALTH OWNS THE REMAING INTEREST. THE VALUE OF THE INVESTMENT IS LISTED AS THE AMOUNT OF TRANSACTION. | 0 |
| PAT CALLAHAN | |||
| BOARD MEMBER OF IURTC | 368774 | THIS INDIVIDUAL IS A PARTNER IN THE LAW FIRM FAEGRE, BAKER & DANIELS, WHICH IURTC USED FOR LEGAL WORK. THE LEGAL FEES PAID IS LISTED AS THE AMOUNT OF TRANSACTION. | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION AMENDED ITS BYLAWS AND ADDED A SECTION DESCRIBING THE NEWLY CREATED INVESTMENT COMMITTEE. THIS COMMITEE WILL CONSIST OF NOT FEWER THAN FIVE AND NOT MORE THAN ELEVEN MEMBERS, ELECTED BY A MAJORITY OF ALL DIRECTORS. MEMBERS WILL CONSIST OF OFFICERS AND DIRECTORS OF THE CORPORATION ELECTED BY THE BOARD, PROVIDED THAT THE BOARD MAY ELECT NOT MORE THAN FOUR INDIVIDUALS WHO ARE NOT DIRECTORS OR OFFICERS OF THE COPROATION. THE INVESTMENT COMMITEE WILL PERFORM ALL DUTIES THAT THE BOARD DETERMINES ARE APPROPRIATE TO THE SIZE OF THE CORPORATION AND THE COMLEXITY OF ITS INVESTMENT OPERATIONS AND OVERSIGHT. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FINANCE AND AUDIT COMMITTE REVIEWS AND APPROVES. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD IS RESPONSIBLE FOR MONITORING THIS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO'S COMPENSATION IS REVIEWED BY THE BOARD'S EXECUTIVE COMMITTEE. ALL OTHERS ARE DETERMINED AS PART OF BUDGET APPROVAL. | |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 9: | K-1 LOSS NOT REPORTED ON FINANCIAL STATEMENTS -1,050,147. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| PART XII, LINE 2C | THE AUDIT COMMITTEE ASSUMES OVERSIGHT FOR THE FINANCIAL STATEMENTS. NO PROCESSES HAVE CHANGED FROM THE PRIOR YEAR. | |
| PART V, LINE 1C | NO GAMING ACTIVITIES CONDUCTED BY THE ORGANIZATION. | BACKUP WITHHOLDING FOR GAMING WINNINGS |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| INDIANA UNIVERSITY | |||||||||
| 107 S INDIANA AVE | BLOOMINGTON | IN | 47405 | 356001673 | UNIVERSITY | IN | 501(C)(3) | 170(B)(1)(A)(V) | 0 |
| INDIANA UNIVERSITY FOUNDATION | |||||||||
| PO BOX 500 | BLOOMINGTON | IN | 47402 | 356018940 | UNIVERSITY FOUNDATION | IN | 501(C)(3) | 170(B)(1)(A)(VI) | 0 |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INNOVATE INDIANA FUND I LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 351 WEST 10TH STREET | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273765586 | EIN |
| Primary Activity | MANAGEMENT OF BUSINESS HOLDINGS | PrimaryActivity |
| Legal Domicile State | IN | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDIANA UNIVERSITY RESEARCH & TECHNOLOGY CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | INVESTMENT | PredominantIncomeType |
| Share Of Total Income | -110939 | ShareOfTotalIncome |
| Share Of EOY Assets | 6663163 | ShareOfEOYAssets |
| Disproportionate Allocations | 0 | DisproportionateAllocations |
| Code V | -$151,971 | CodeVAmount |
| General Or Managing Partner | 1 | GeneralOrManagingPartner |
| Percentage Ownership | 0.69640 | PercentageOwnership |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DATA2DISCOVERY INC | |||||||||||
| 351 WEST 10TH STREET | INDIANAPOLIS | IN | 46202 | 460954397 | RESEARCH | IN | INNOVATE INDIANA FUND I LLC | C | 6970 | 0.59000 | 0 |
| SINGLE SWITCH SYSTEMS INC | |||||||||||
| 351 WEST 10TH STREET | INDIANAPOLIS | IN | 46202 | 462766612 | RESEARCH | IN | INNOVATE INDIANA FUND I LLC | C | 11910 | 0.65000 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| INNOVATE INDIANA FUND I LLC | ||
| K | 197600 | FMV OF SERVICES PERFORMED |
| INDIANA UNIVERSITY | ||
| K | 1669816 | FMV OF SERVICES PERFORMED |
| INDIANA UNIVERSITY | ||
| J | 687199 | FMV OF IN-KIND RENT |
| INDIANA UNIVERSITY | ||
| L | 791670 | FMV OF SERVICES PERFORMED |
| INDIANA UNIVERSITY - FOUNDATION | ||
| L | 1804579 | FMV OF SERVICES PERFORMED |
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