VACCINE AND GENE THERAPY INSTITUTE OF FLORIDA CORP: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- VACCINE AND GENE THERAPY INSTITUTE OF FLORIDA CORP (EIN 36-4631835)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-15
- IRS object ID
- 201421359349300522
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-15T06:44:14-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560574444 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 METROPOLITAN AVENUE SUITE 1000 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28204 | 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 | 364631835 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VACCINE AND GENE THERAPY INSTITUTE OF FLORIDA CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VACC | NameControl |
| Phone | 7723455645 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9801 SW DISCOVERY WAY | AddressLine1 |
| City | PORT ST LUCIE | City |
| State | FL | State |
| ZIP Code | 34987 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MEL ROTHBERG | Name |
| Title | CHIEF OPERATING OFFICER | Title |
| Phone | 7723455645 | Phone |
| Date Signed | 2014-05-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KELLIANNE F BENSON | Name |
| PTIN | P01345659 | PTIN |
| Phone | 7043771678 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VGTI FL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MEL ROTHBERG | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9801 SW DISCOVERY WAY | AddressLine1 |
| City | PORT ST LUCIE | City |
| State | FL | State |
| ZIP Code | 34987 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 29342149 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.VGTI-FL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2008 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF THE VACCINE AND GENE THERAPY INSTITUTE OF FLORIDA VGTI IS TO "TRANSLATE RESEARCH INTO HEALTH" BY PROVIDING A BETTER UNDERSTANDING OF THE HUMAN IMMUNE RESPONSE TO PATHOGENS AND CANCERS AND THE PROCESS OF AGING. VGTI WAS CREATED AS AN INDEPENDENT INSTITUTE IN 2008 AS THE RESULT OF A $60 MILLION GRANT FROM THE STATE OF FLORIDA'S INNOVATION CENTER FUND (OTTED) TO HELP THE EXPANSION OF BIOMEDICAL RESEARCH INITIATIVES IN FLORIDA.VGTI HAS DEVELOPED A STRUCTURE CENTERED AROUND THREE MAJOR DIVISIONS THAT INCLUDE CANCER, INFECTIOUS DISEASES AND AGING. VGTI DEMARCATES ITSELF FROM OTHER RESEARCH INSTITUTIONS BY ITS FOCUS ON HUMAN DISEASES AND DIRECT CLINICAL RESEARCH.BASED IN PORT ST. LUCIE FLORIDA, VGTI HAS ASSEMBLED A HIGHLY INTERACTIVE TEAM OF SCIENTISTS THAT UTILIZES STATE OF THE ART TECHNOLOGIES TO ACCELERATE THE PACE OF DISCOVERY AND FUNDAMENTAL RESEARCH OF IMMUNE BASED THERAPIES AND VACCINES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 96 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 27272 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 16742889 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 22627814 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 354408 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 191955 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 32311 | InvestmentIncomePriorYear |
| Investment Income Current Year | 343728 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1663 | OtherRevenuePriorYear |
| Other Revenue Current Year | -36898 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 17131271 | TotalRevenuePriorYear |
| Total Revenue Current Year | 23126599 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 22350 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6560610 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7655231 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 328776 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 8933567 | OtherExpensePriorYear |
| Other Expenses Current Year | 13038075 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 15494177 | TotalExpensesPriorYear |
| Total Expenses Current Year | 20715656 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1637094 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2410943 | RevenuesLessExpensesCY |
| Total Assets BOY | 106486199 | TotalAssetsBOY |
| Total Assets EOY | 94615670 | TotalAssetsEOY |
| Total Liabilities BOY | 95346790 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 81180672 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 11139409 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 13434998 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 16122809 | Expense |
| Grants | 22350 | Grants |
| Revenue | 220823 | Revenue |
| Description | RESEARCH TO IDENTIFY IMMUNE DEFECTS AND TREATMENTS AS WELL AS DEVELOPMENT OF VACCINE AND THERAPEUTICS FOR EXISTING AND EMERGING INFECTIOUS DISEASES SUCH AS HIV/AIDS, CANCER, WEST NILE VIRUS, FLU, THE HERPES VIRUSES, MALARIA AND TUBERCULOSIS, TAILORED FOR GENERAL, AS WELL AS VULNERABLE, POPULATIONS, INCLUDING THE ELDERLY. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 245029 | Expense |
| Description | ESTABLISHMENT OF CLINICAL TIES WITH LOCAL HOSPITALS FOR CLINICAL STUDIES, ESTABLISH TIES WITH LOCAL UNIVERSITIES FOR GRADUATE AND POST GRADUATE PROGRAMS, SOLIDIFY TIES WITH LOCAL INSTITUTES FOR COLLABORATIVE INTERACTIONS, ESTABLISH TIES WITH INDUSTRY FOR COOPERATIVE RELATIONSHIPS IN THE DEVELOPMENT OF DRUGS AND THERAPEUTICS, AND SPIN-OFF BIOTECH COMPANIES THAT WILL EFFECTIVELY USE THE INSTITUTE'S INTELLECTUAL PROPERTY. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 73460 | Expense |
| Revenue | 603 | Revenue |
| Description | OUTREACH PROGRAMS TOWARD LOCAL COMMUNITY AND BEYOND. INCLUDES EDUCATIONAL PROGRAMS FOR HIGH SCHOOL STUDENTS AND COLLEGE STUDENTS IN THE LOCAL COMMUNITY. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 16441298 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | 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 | 0 | 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 | 1 | ForeignActivities |
| More Than5000 K To Organizations | 1 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | 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 | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| 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 | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 0 | 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 | 51 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 96 | 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| 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 | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | 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 | FL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACCOUNTING DEPARTMENT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7723455642 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9801 SW DISCOVERY WAY | AddressLine1 |
| City | PORT ST LUCIE | City |
| State | FL | State |
| ZIP Code | 34987 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| JAY NELSON | ||||||||
| CHAIRMAN & CEO | 30.00 | X | X | 298926 | 0 | 38420 | ||
| RICHARD CANTLIN | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| DANIEL DORSA | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| KEVIN KELLY | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| JAY A LEVY | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT LORD JR | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| RAYMOND F SCHINAZI | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| MEL ROTHBERG | ||||||||
| SECRETARY/TREASURER & COO | 50.00 | X | 257743 | 0 | 18835 | |||
| RAFICK-PIERRE SEKALY | ||||||||
| CSO | 50.00 | X | 418440 | 0 | 43511 | |||
| NICOLAS CHOMONT | ||||||||
| PRINCIPAL INVESTIGATOR | 50.00 | 103939 | 0 | 10301 | X | |||
| ELIAS HADDAD | ||||||||
| PRINCIPAL INVESTIGATOR | 50.00 | 155325 | 0 | 21867 | X | |||
| JOHN HISCOTT | ||||||||
| PRINCIPAL INVESTIGATOR | 50.00 | 261123 | 0 | 19346 | X | |||
| JOHN SCHATZLE | ||||||||
| DIRECTOR OF SCIENTIFIC AFFAIRS | 50.00 | 121717 | 0 | 16504 | X | |||
| LYDIE TRAUTMANN | ||||||||
| PRINCIPAL INVESTIGATOR | 50.00 | 101700 | 0 | 18809 | X | |||
| MARK WILLIAMS | ||||||||
| FORMER COO | 40.00 | 202005 | 0 | 5220 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1920918 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 192813 | TotalOtherCompensation |
| Number Individuals GT100 K | 9 | NumberIndividualsGT100K |
| Formers Listed | 1 | 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 |
|---|---|---|---|---|---|
| CUMMINGS POWER SOUTH LLC | |||||
| 5125 HIGHWAY 85 | ATLANTA | GA | 303495976 | POWER EQUIPMENT & SUPPLIES | 254198 |
| MANN RESEARCH CENTER LLC | |||||
| 10490 SW VILLAGE CENTER DR | PORT ST LUCIE | FL | 34987 | CONSTRUCTION MANAGEMENT SERVICES | 246293 |
| FISHER SCIENTIFIC COMPANY | |||||
| 3970 JOHNS CREEK COURT | SUWANEE | GA | 30024 | SCIENTIFIC EQUIPMENT & SUPPLIES | 158573 |
| PROCTOR CROOK CROWDER & FOGAL PA | |||||
| 33 SW FLAGLER AVE | STUART | FL | 34994 | FINANCIAL CONSULTING | 154931 |
| CDW DIRECT LLC | |||||
| 200 N MILWAKEE AVE | VERNON HILLS | IL | 60061 | IT SOLUTIONS | 136875 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 190722 | FundraisingEvents |
| Government Grants | 16614320 | GovernmentGrants |
| All Other Contributions | 5822772 | AllOtherContributions |
| Total Contributions | 22627814 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROGRAM SERVICE REVENUE | Description |
| Business Code | 541700 | BusinessCode |
| Total Revenue Column | 191955 | TotalRevenueColumn |
| Related Or Exempt Function Income | 191955 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 191955 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 396610 | TotalRevenueColumn |
| Exclusion | $396,610 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5869034 | Securities |
| Other | 114848 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5903529 | Securities |
| Other | 133235 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -34495 | Securities |
| Other | -18387 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -52882 | TotalRevenueColumn |
| Exclusion | -$52,882 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 85145 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 190722 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 178786 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -93641 | TotalRevenueColumn |
| Exclusion | -$93,641 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| MISCELLANEOUS REVENUE | 541700 | 29471 | 29471 | |
| FLORIDA INNOVATION PARTNERS | 541800 | 27272 | 27272 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 56743 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 23126599 | TotalRevenueColumn |
| Related Or Exempt Function Income | 221426 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 27272 | UnrelatedBusinessRevenue |
| Exclusion | $250,087 | ExclusionAmount |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22350 | Total |
| Program Services | 22350 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1046641 | Total |
| Program Services | 720666 | ProgramServices |
| Management And General | 314481 | ManagementAndGeneral |
| Fundraising | 11494 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5309874 | Total |
| Program Services | 3656122 | ProgramServices |
| Management And General | 1595443 | ManagementAndGeneral |
| Fundraising | 58309 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 263109 | Total |
| Program Services | 181164 | ProgramServices |
| Management And General | 79056 | ManagementAndGeneral |
| Fundraising | 2889 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 586177 | Total |
| Program Services | 403613 | ProgramServices |
| Management And General | 176127 | ManagementAndGeneral |
| Fundraising | 6437 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 449430 | Total |
| Program Services | 309456 | ProgramServices |
| Management And General | 135039 | ManagementAndGeneral |
| Fundraising | 4935 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 336471 | Total |
| Program Services | 40081 | ProgramServices |
| Management And General | 285341 | ManagementAndGeneral |
| Fundraising | 11049 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106378 | Total |
| Program Services | 12672 | ProgramServices |
| Management And General | 90213 | ManagementAndGeneral |
| Fundraising | 3493 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 333013 | Total |
| Program Services | 39669 | ProgramServices |
| Management And General | 282409 | ManagementAndGeneral |
| Fundraising | 10935 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 447486 | Total |
| Program Services | 14910 | ProgramServices |
| Management And General | 272515 | ManagementAndGeneral |
| Fundraising | 160061 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 219630 | Total |
| Program Services | 125701 | ProgramServices |
| Management And General | 52541 | ManagementAndGeneral |
| Fundraising | 41388 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3009306 | Total |
| Program Services | 2922127 | ProgramServices |
| Management And General | 84018 | ManagementAndGeneral |
| Fundraising | 3161 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 348381 | Total |
| Program Services | 187389 | ProgramServices |
| Management And General | 157962 | ManagementAndGeneral |
| Fundraising | 3030 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1587971 | Total |
| Program Services | 1465810 | ProgramServices |
| Management And General | 119440 | ManagementAndGeneral |
| Fundraising | 2721 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 295894 | Total |
| Program Services | 186657 | ProgramServices |
| Management And General | 107841 | ManagementAndGeneral |
| Fundraising | 1396 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27825 | Total |
| Program Services | 17553 | ProgramServices |
| Management And General | 10141 | ManagementAndGeneral |
| Fundraising | 131 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3440029 | Total |
| Program Services | 3332482 | ProgramServices |
| Management And General | 103396 | ManagementAndGeneral |
| Fundraising | 4151 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2289947 | Total |
| Program Services | 2218355 | ProgramServices |
| Management And General | 68829 | ManagementAndGeneral |
| Fundraising | 2763 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 402872 | Total |
| Program Services | 391649 | ProgramServices |
| Management And General | 10790 | ManagementAndGeneral |
| Fundraising | 433 | Fundraising |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| SCIENTIFIC ADVISORY BOA | 165600 | 165600 |
| FIP EXPENSES | 27272 | 27272 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20715656 | Total |
| Program Services | 16441298 | ProgramServices |
| Management And General | 3945582 | ManagementAndGeneral |
| Fundraising | 328776 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1401889 | BOY |
| EOY | 916652 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38313998 | BOY |
| EOY | 6449553 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3259588 | BOY |
| EOY | 3204333 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6789049 | BOY |
| EOY | 6797962 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 61465354 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 5033734 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56642685 | BOY |
| EOY | 56431620 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 20745118 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78990 | BOY |
| EOY | 70432 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106486199 | BOY |
| EOY | 94615670 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2081758 | BOY |
| EOY | 1967381 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28359384 | BOY |
| EOY | 15322252 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64035000 | BOY |
| EOY | 61975000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1641359 | BOY |
| EOY | 2660913 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -770711 | BOY |
| EOY | -744874 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95346790 | BOY |
| EOY | 81180672 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11168409 | BOY |
| EOY | 13397853 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -29000 | BOY |
| EOY | 37145 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11139409 | BOY |
| EOY | 13434998 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106486199 | BOY |
| EOY | 94615670 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2410943 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -112784 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | -2570 | ReconcilationOtherChanges |
| 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 | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 11270179 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 14080200 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10980365 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16742889 | CurrentTaxYearMinus1Year |
| Current Tax Year | 22627814 | CurrentTaxYear |
| Total | 75701447 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 11270179 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 14080200 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10980365 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16742889 | CurrentTaxYearMinus1Year |
| Current Tax Year | 22627814 | CurrentTaxYear |
| Total | 75701447 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 75701447 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 140665 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 954 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 15201 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 32311 | CurrentTaxYearMinus1Year |
| Current Tax Year | 396610 | CurrentTaxYear |
| Total | 585741 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 0 | CurrentTaxYear |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 29471 | CurrentTaxYear |
| Total | 29471 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 76316659 | TotalSupport |
| Gross Receipts From Admissions Etc | 738178 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.99190 | PublicSupportPertcentage170 |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10 | OtherCostOrOtherBasis |
| Book Value | 10 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 49220002 | OtherCostOrOtherBasis |
| Depreciation | 1882648 | Depreciation |
| Book Value | 47337354 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6891886 | OtherCostOrOtherBasis |
| Depreciation | 3151086 | Depreciation |
| Book Value | 3740800 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5353456 | OtherCostOrOtherBasis |
| Book Value | 5353456 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 56431620 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNAMORTIZED ORIGINAL ISSUE DISCOUNT | Description |
| Amount | -$744,874 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | -744874 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | VGTI IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. FIP HAS ELECTED TO BE TAXED AS A LIMITED LIABILITY COMPANY UNDER THE INTERNAL REVENUE CODE, AND IS A DISREGARDED ENTITY FOR FEDERAL TAX PURPOSES. UNDER THOSE PROVISIONS, VGTI IS TO REPORT ANY INCOME OF FIP ON ITS TAX FILING. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS NECESSARY. VGTI HAS EVALUATED THE EFFECT OF THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT VGTI CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED VGTI HAD NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2013. | Explanation |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EAST ASIA AND THE PACIFIC | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | GRANTMAKING | TypeOfActivitiesConducted |
| Specific Services Provided | SUPPORT OF RESEARCH STUDIES IN REGION | SpecificServicesProvided |
| Total Expenditures | 22350 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 22350 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 22350 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EAST ASIA AND THE PACIFIC | Region |
| Purpose Of Grant | PERFORM CLINICAL RESEARCH STUDY | PurposeOfGrant |
| Amount Of Cash Grant | 22350 | AmountOfCashGrant |
| Manner Of Cash Disbursement | WIRE TRANSFER | MannerOfCashDisbursement |
| Method Of Valuation | N/A | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 1 | TotalNumberOf501c3Orgs |
| Total Number Of Other Orgs | 0 | TotalNumberOfOtherOrgs |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: | Identifier |
| Explanation | SCHEDULE F, PART I, LINE 2: GRANT MANAGERS MANAGE GRANTS. THEY OBTAIN SCIENTIFIC REPORTS THAT ARE SUBMITTED AND MAINTAINED FOR RECORD KEEPING. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BIOBALL | NameOfEvent1 |
| Gross Receipts Event1 | 275867 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 190722 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 85145 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 10145 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 103246 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 65395 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 275867 | GrossReceiptsTotal |
| Charitable Contributions Total | 190722 | CharitableContributionsTotal |
| Gross Revenue Total Events | 85145 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 10145 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 103246 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 65395 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 178786 | DirectExpenseSummaryEvents |
| Net Income Summary | -93641 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAY NELSON | ||||||||||||||
| CHAIRMAN & CEO | 259926 | 0 | 39000 | 0 | 0 | 0 | 15000 | 0 | 23420 | 0 | 337346 | 0 | 0 | 0 |
| MEL ROTHBERG | ||||||||||||||
| SECRETARY/TREASURER & COO | 228993 | 0 | 28750 | 0 | 0 | 0 | 9600 | 0 | 9235 | 0 | 276578 | 0 | 0 | 0 |
| RAFICK-PIERRE SEKALY | ||||||||||||||
| CSO | 363283 | 0 | 55157 | 0 | 0 | 0 | 15000 | 0 | 28511 | 0 | 461951 | 0 | 0 | 0 |
| ELIAS HADDAD | ||||||||||||||
| PRINCIPAL INVESTIGATOR | 155325 | 0 | 0 | 0 | 0 | 0 | 9000 | 0 | 12867 | 0 | 177192 | 0 | 0 | 0 |
| JOHN HISCOTT | ||||||||||||||
| PRINCIPAL INVESTIGATOR | 261123 | 0 | 0 | 0 | 0 | 0 | 15000 | 0 | 4346 | 0 | 280469 | 0 | 0 | 0 |
| MARK WILLIAMS | ||||||||||||||
| FORMER COO | 86822 | 0 | 69458 | 0 | 45725 | 0 | 5209 | 0 | 11 | 0 | 207225 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | VGTI HAS A WRITTEN POLICY ALLOWING FIRST-CLASS TRAVEL UNDER THE AMERICAN FOR DISABILITIES ACT FOR EMPLOYEES. THERE IS NO WRITTEN POLICY FOR HOUSING ALLOWANCES, HOWEVER AS PART OF HIS RECRUITMENT PACKAGE THE COO HAD HOUSING PAID DURING THE TRANSITION PERIOD WHICH ENDED ON DECEMBER 31, 2012. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITY OF PORT ST LUCIE FLORIDA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 596141662 | IssuerEIN |
| CUSIP Number | 73541TAP4 | CUSIPNumber |
| Date Issued | 2010-06-03 | DateIssued |
| Issue Price | 63251226 | IssuePrice |
| Description Of Purpose | INFRASTRUCTURE IMPROVEMENT FOR THE BENEFIT OF VGTI-FL | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | 63251226 | TotalProceeds |
| Amount In Reserve Fund | 4136180 | AmountInReserveFund |
| Issuance Costs From Proceeds | 1581136 | IssuanceCostsFromProceeds |
| Capital Expenditures | 50958829 | CapitalExpenditures |
| Year Of Subst Completion | 2012 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 0 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 1 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | 0 | ProcToUndertkCorrectiveAction |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION MISSION STATEMENT | FORM 990, PART III, LINE 1 | FORM 990, PART III, LINE 1, THE OVERALL MISSION OF VGTI IS TO DEVELOP WORLD-CLASS RESEARCH AND TRAINING PROGRAMS THAT WOULD BE FOCUSED ON ALLEVIATING IMPORTANT HUMAN DISEASES. THE FOUNDING GOAL OF THE VGTI WAS TO ASSEMBLE A MULTIDISCIPLINARY TEAM OF SCIENTISTS TO RESPOND TO THE INCREASINGLY SERIOUS INFECTIOUS DISEASE THREATS FACING THE PEOPLE OF FLORIDA, THE UNITED STATES AND THE WORLD AS A WHOLE, INCLUDING AIDS, CHRONIC VIRAL INFECTION-ASSOCIATED DISEASES, NEWLY EMERGING VIRAL DISEASES, AND INFECTIOUS DISEASES OF THE ELDERLY. A MAJOR NEW FOCUS OF RESEARCH IS DEVELOPMENT OF INNOVATIVE TREATMENTS FOR CANCER. CLOSE-KNIT COLLABORATIVE ENVIRONMENT FOR A GROUP OF INDEPENDENT SCIENTISTS WITHIN THESE DISCIPLINES THAT COULD INTERACT ON A DAILY BASIS. A MAJOR FOUNDING PRINCIPLE OF VGTI IS THE EXPECTATION THAT EACH VGTI INVESTIGATOR NOT ONLY ESTABLISHES HIS/HER OWN VIGOROUS RESEARCH PROGRAM, BUT ALSO DEVOTES A PORTION OF THEIR RESEARCH EFFORT TO COMPREHENSIVE COLLABORATIVE PROGRAMS AIMED AT BRINGING DIVERSE EXPERTISE TO MAJOR CLINICAL PROBLEMS IN INFECTIOUS DISEASE, ONCOLOGY AND OTHER DISEASES OF AGING. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE ONLY CHANGE TO THE BYLAWS WAS TO CHANGE THE TERMS OF CERTAIN BOARD POSITIONS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS DISTRIBUTED VIA E-MAIL OR REGULAR MAIL TO BOARD MEMBERS FOR REVIEW, COMMENTS AND ANY QUESTIONS PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH DIRECTOR AND EVERY EMPLOYEE SHALL ANNUALLY SIGN AN ACKNOWLEDGEMENT OF THE POLICY WHICH AFFIRMS SUCH PERSON HAS RECEIVED THE POLICY, HAS REVIEWED THE POLICY AND HAS DISCLOSED ANY POTENTIAL AREAS OF CONFLICT AS DESCRIBED IN THE POLICY. THE CONFLICT OF INTEREST IS MONITORED BY A CONFLICT OF INTEREST COMMITTEE, (AUDIT COMMITTEE FOR DIRECTORS)THAT ADVISES THE INSTITUTIONAL OFFICIAL OR THEIR DESIGNEE ON MANAGING POTENTIAL CONFLICTS. THE INSTITUTE OFFICIAL'S OBLIGATION IS TO IMPLEMENT THE POLICY TO CREATE AN ENVIRONMENT OF INTEGRITY AND PUBLIC CONFIDENCE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | VGTI USES ERI (ECONOMIC RESEARCH INSTITUTE), A NONPROFIT COMPARABLE ASSESSOR AND TAX-EXEMPT SURVEY DELIVERED BY AN ONLINE, REALTIME SOFTWARE. ERI PLATFORM PROVIDES TOP EXECUTIVE PAY RANGES IN CHARITIES AND FOUNDATIONS. THIS DESKTOP SOFTWARE PROVIDES ACCESS TO OVER 3 MILLION FORM 990/PF/EZ REPORTS REPRESENTING MANY UNIQUE ORGANIZATIONS. THIS SOFTWARE IS RELIED UPON BY FEDERAL (IRS) AND STATE REGULATORY AGENCIES, INCLUDING THE NY ATTORNEY GENERAL'S OFFICE. IN ADDITION, VGTI USES THE AIRI COMPENSATION SURVEY. AIRI (ASSOCIATION OF INDEPENDENT RESEARCH INSTITUTES) IS A NATIONWIDE ASSOCIATION THAT FOCUSES SOLELY ON THE ISSUES OF INDEPENDENT, NOT-FOR-PROFIT RESEARCH INSTITUTES. AS PART OF THE ASSOCIATION MEMBERSHIP BENEFITS IT PUBLISHES AN ANNUAL COMPENSATION SURVEY WHICH VGTI USES TO CAPTURE INDUSTRY NORMS. THIS SURVEY PROVIDES COMPREHENSIVE INFORMATION ON OVER 63 POSITIONS FROM MEMBER ORGANIZATIONS. THE WAGE INFORMATION REPORTED INCLUDES AVERAGE PAY, 25TH PERCENTILE, MEDIAN AND 75TH PERCENTILE. THE REPORT ALSO PROVIDES THE AVERAGE BONUS AMOUNT AND THE BONUS AS A PERCENTAGE OF BASE PAY. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 9: | LOSS ON CURRENCY EXCHANGE -2,570. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FLORIDA INNOVATION PARTNERS LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9801 SW DISCOVERY WAY | AddressLine1 |
| City | PORT ST LUCIE | City |
| State | FL | State |
| ZIP Code | 34987 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271459905 | EIN |
| Primary Activities | MARKETING BIO SCIENCE PARK | PrimaryActivities |
| Legal Domicile State | FL | LegalDomicileState |
| Total Income | 27272 | TotalIncome |
| EOY Assets | 14000 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VACCINE AND GENE THERAPY INSTITUTE OF FLORIDA | BusinessNameLine1 |
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