2014-05-15T06:44:14-05:00 2013-06-30 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVENUE SUITE 1000 CHARLOTTE NC 28204 990 2012-07-01 364631835 VACCINE AND GENE THERAPY INSTITUTE OF FLORIDA CORP VACC 7723455645 9801 SW DISCOVERY WAY PORT ST LUCIE FL 34987 MEL ROTHBERG 7723455645 2014-05-12 1 KELLIANNE F BENSON P01345659 7043771678 2012 2015-11-30 17:44:51Z VGTI FL MEL ROTHBERG 9801 SW DISCOVERY WAY PORT ST LUCIE FL 34987 29342149 0 X WWW.VGTI-FL.ORG X 2008 FL 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. 7 6 96 0 27272 0 16742889 22627814 354408 191955 32311 343728 1663 -36898 17131271 23126599 0 22350 0 0 6560610 7655231 0 0 328776 8933567 13038075 15494177 20715656 1637094 2410943 106486199 94615670 95346790 81180672 11139409 13434998 X SEE SCHEDULE O 0 0 16122809 22350 220823 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. 245029 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. 73460 603 OUTREACH PROGRAMS TOWARD LOCAL COMMUNITY AND BEYOND. INCLUDES EDUCATIONAL PROGRAMS FOR HIGH SCHOOL STUDENTS AND COLLEGE STUDENTS IN THE LOCAL COMMUNITY. 16441298 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 51 0 1 96 1 1 1 0 0 0 0 1 1 0 0 0 0 X 7 6 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X ACCOUNTING DEPARTMENT 7723455642 9801 SW DISCOVERY WAY PORT ST LUCIE FL 34987 JAY NELSON 30.00 X X 298926 0 38420 RICHARD CANTLIN 1.00 X 0 0 0 DANIEL DORSA 1.00 X 0 0 0 KEVIN KELLY 1.00 X 0 0 0 JAY A LEVY 1.00 X 0 0 0 ROBERT LORD JR 1.00 X 0 0 0 RAYMOND F SCHINAZI 1.00 X 0 0 0 MEL ROTHBERG 50.00 X 257743 0 18835 RAFICK-PIERRE SEKALY 50.00 X 418440 0 43511 NICOLAS CHOMONT 50.00 X 103939 0 10301 ELIAS HADDAD 50.00 X 155325 0 21867 JOHN HISCOTT 50.00 X 261123 0 19346 JOHN SCHATZLE 50.00 X 121717 0 16504 LYDIE TRAUTMANN 50.00 X 101700 0 18809 MARK WILLIAMS 40.00 X 202005 0 5220 1920918 0 192813 9 1 1 0 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 5 190722 16614320 5822772 22627814 PROGRAM SERVICE REVENUE 541700 191955 191955 191955 396610 396610 5869034 114848 5903529 133235 -34495 -18387 -52882 -52882 85145 190722 178786 -93641 -93641 MISCELLANEOUS REVENUE 541700 29471 29471 FLORIDA INNOVATION PARTNERS 541800 27272 27272 56743 23126599 221426 27272 250087 22350 22350 1046641 720666 314481 11494 5309874 3656122 1595443 58309 263109 181164 79056 2889 586177 403613 176127 6437 449430 309456 135039 4935 336471 40081 285341 11049 106378 12672 90213 3493 333013 39669 282409 10935 447486 14910 272515 160061 219630 125701 52541 41388 3009306 2922127 84018 3161 348381 187389 157962 3030 1587971 1465810 119440 2721 295894 186657 107841 1396 27825 17553 10141 131 3440029 3332482 103396 4151 2289947 2218355 68829 2763 402872 391649 10790 433 SCIENTIFIC ADVISORY BOA 165600 165600 FIP EXPENSES 27272 27272 20715656 16441298 3945582 328776 1401889 916652 38313998 6449553 3259588 3204333 6789049 6797962 61465354 5033734 56642685 56431620 20745118 78990 70432 106486199 94615670 2081758 1967381 28359384 15322252 64035000 61975000 1641359 2660913 -770711 -744874 95346790 81180672 X 11168409 13397853 -29000 37145 11139409 13434998 106486199 94615670 X 2410943 -112784 -2570 X 0 1 X 1 1 1 X 11270179 14080200 10980365 16742889 22627814 75701447 11270179 14080200 10980365 16742889 22627814 75701447 75701447 140665 954 15201 32311 396610 585741 0 29471 29471 76316659 738178 0.99190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10 10 49220002 1882648 47337354 6891886 3151086 3740800 5353456 5353456 56431620 UNAMORTIZED ORIGINAL ISSUE DISCOUNT -744874 -744874 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: 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. 1 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING SUPPORT OF RESEARCH STUDIES IN REGION 22350 0 0 0 0 0 0 22350 0 22350 EAST ASIA AND THE PACIFIC PERFORM CLINICAL RESEARCH STUDY 22350 WIRE TRANSFER N/A 1 0 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: GRANT MANAGERS MANAGE GRANTS. THEY OBTAIN SCIENTIFIC REPORTS THAT ARE SUBMITTED AND MAINTAINED FOR RECORD KEEPING. BIOBALL 275867 190722 85145 10145 103246 65395 275867 190722 85145 10145 103246 65395 178786 -93641 X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JAY NELSON 259926 0 39000 0 0 0 15000 0 23420 0 337346 0 0 0 MEL ROTHBERG 228993 0 28750 0 0 0 9600 0 9235 0 276578 0 0 0 RAFICK-PIERRE SEKALY 363283 0 55157 0 0 0 15000 0 28511 0 461951 0 0 0 ELIAS HADDAD 155325 0 0 0 0 0 9000 0 12867 0 177192 0 0 0 JOHN HISCOTT 261123 0 0 0 0 0 15000 0 4346 0 280469 0 0 0 MARK WILLIAMS 86822 0 69458 0 45725 0 5209 0 11 0 207225 0 0 0 PART I, LINE 1A 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. A CITY OF PORT ST LUCIE FLORIDA 596141662 73541TAP4 2010-06-03 63251226 INFRASTRUCTURE IMPROVEMENT FOR THE BENEFIT OF VGTI-FL 0 0 0 A 63251226 4136180 1581136 50958829 2012 0 0 0 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 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. FLORIDA INNOVATION PARTNERS LLC 9801 SW DISCOVERY WAY PORT ST LUCIE FL 34987 271459905 MARKETING BIO SCIENCE PARK FL 27272 14000 VACCINE AND GENE THERAPY INSTITUTE OF FLORIDA