ADVANCED TECHNOLOGY INTERNATIONAL: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ADVANCED TECHNOLOGY INTERNATIONAL (EIN 57-1067151)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-15
- IRS object ID
- 201421359349301532
- 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 | 2014-05-15T10:28:22-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135381590 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7101 WISCONSIN AVE SUITE 800 | AddressLine1 |
| City | BETHESDA | City |
| State | MD | State |
| ZIP Code | 208144827 | 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 | 571067151 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADVANCED TECHNOLOGY INTERNATIONAL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ADVA | NameControl |
| Phone | 8437604087 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 INTERNATIONAL BLVD | AddressLine1 |
| City | N CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29418 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JULIA A MARTIN | Name |
| Title | TREASURER | Title |
| Phone | 8437604087 | Phone |
| Date Signed | 2014-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL SORRELLS CPA | Name |
| PTIN | P00001737 | PTIN |
| Phone | 3016544900 | 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 | SCRA APPLIED R&D | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CHRISTOPHER R VAN METRE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 INTERNATIONAL BLVD | AddressLine1 |
| City | N CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29418 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 224369846 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SCRA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1998 | YearFormation |
| State Legal Domicile | SC | StateLegalDomicile |
| Activity Or Mission Description | SEE SCHEDULE O. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 160327441 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 224231589 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 76030 | InvestmentIncomePriorYear |
| Investment Income Current Year | 138257 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 160403471 | TotalRevenuePriorYear |
| Total Revenue Current Year | 224369846 | 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 | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | 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 | 157996368 | OtherExpensePriorYear |
| Other Expenses Current Year | 221501130 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 157996368 | TotalExpensesPriorYear |
| Total Expenses Current Year | 221501130 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2407103 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2868716 | RevenuesLessExpensesCY |
| Total Assets BOY | 108635824 | TotalAssetsBOY |
| Total Assets EOY | 115989763 | TotalAssetsEOY |
| Total Liabilities BOY | 94550132 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 99947839 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 14085692 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 16041924 | NetAssetsOrFundBalancesEOY |
| Mission Description | SEE SCHEDULE O. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 216522569 | Expense |
| Revenue | 224231589 | Revenue |
| Description | TO ATTRACT HIGH TECHNOLOGY INDUSTRY THROUGH THE ACQUISITION AND MANAGEMENT OF R&D CONTRACTS AND GRANTS. TO FACILITATE COLLABORATION AMONG GOVERNMENT AGENCIES, ACADEMIA, AND INDUSTRY IN ORDER TO IDENTIFY TECHNOLOGY SOLUTIONS WHICH CONTRIBUTE TO OPERATIONAL AND COST EFFICIENCIES.APPROXIMATELY 98% OF ATI'S EXPENSES FOR THE FISCAL YEAR WERE PROGRAM RELATED. | Description |
| Total Program Service Expense | 216522569 | 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 | 0 | 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 | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | 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 | 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 | 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 | 81 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | 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 | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | SC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JULIA MARTIN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8437604087 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 INTERNATIONAL BLVD | AddressLine1 |
| City | N CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29418 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per Week RelatedAverageHoursPerWeekRelated | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|---|
| JOHNNY G BARNES | ||||||||||
| CORPORATE DIRECTOR | 1.50 | X | 15194 | 0 | 0 | |||||
| LTGEN LAWRENCE P FARRELL JR | ||||||||||
| CORPORATE DIRECTOR | 1.50 | X | 30875 | 0 | 0 | |||||
| VADM ALBERT J BACIOCCO JR | ||||||||||
| CORPORATE DIRECTOR | 1.50 | X | 18093 | 0 | 0 | |||||
| W BRADFORD RIGDON | ||||||||||
| CORPORATE DIRECTOR | 1.50 | X | 30489 | 0 | 0 | |||||
| MICHAEL F MCGRATH DSC | ||||||||||
| CORPORATE DIRECTOR | 1.50 | X | 12740 | 0 | 0 | |||||
| PAUL J HOEPER | ||||||||||
| CORPORATE DIRECTOR | 1.50 | X | 7973 | 0 | 0 | |||||
| PAUL A SCHNEIDER | ||||||||||
| CORPORATE DIRECTOR | 1.50 | X | 2155 | 0 | 0 | |||||
| CHRISTOPHER R VAN METRE | ||||||||||
| PRESIDENT | 39.00 | X | 0 | 224921 | 26657 | 1.00 | X | |||
| WILLIAM T MAHONEY | ||||||||||
| CHAIRMAN | 1.50 | X | 0 | 375206 | 51149 | 40.00 | X | |||
| ROBERT G KIGGANS | ||||||||||
| VICE CHAIRMAN | 1.50 | X | 0 | 165967 | 0 | 23.00 | X | |||
| JULIA A MARTIN | ||||||||||
| CFO, TREASURER | 1.50 | X | 0 | 294300 | 49050 | 40.00 | X | |||
| KEVIN P CARPENTIER | ||||||||||
| SR. VICE PRESIDENT | 40.00 | 0 | 209304 | 14778 | X | |||||
| RUSSEL KELLER | ||||||||||
| SR. VICE PRESIDENT | 40.00 | 0 | 166908 | 20483 | X | |||||
| GERARDINA PELTO | ||||||||||
| VICE PRESIDENT | 40.00 | 0 | 150151 | 10114 | X | |||||
| MARTIN RYAN | ||||||||||
| VICE PRESIDENT | 40.00 | 0 | 175979 | 22127 | X | |||||
| LARRY KARNS | ||||||||||
| DIRECTOR | 32.00 | 0 | 189837 | 0 | X | |||||
| MERV LEAVITT | ||||||||||
| VICE PRESIDENT | 36.00 | 0 | 227664 | 0 | X | |||||
| PETE NACCI | ||||||||||
| SR. PROGRAM MANAGER | 30.00 | 0 | 190135 | 0 | X | |||||
| VALERIE THOMAS | ||||||||||
| SR. PROGRAM MANAGER | 40.00 | 0 | 168349 | 18533 | X | |||||
| DENNIS THOMPSON | ||||||||||
| SR. VICE PRESIDENT | 40.00 | 0 | 182793 | 24303 | X | |||||
| RICHARD E SELF | ||||||||||
| FORMER PRESIDENT 5/12) | 39.00 | 0 | 157398 | 22227 | 1.00 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 117519 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 2878912 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 259421 | TotalOtherCompensation |
| Number Individuals GT100 K | 35 | 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 |
|---|---|---|---|---|---|
| CLOGIC LLC | |||||
| 26 SKYVIEW DRIVE | AVON | CT | 060012885 | SUBCONTRACTOR | 5583917 |
| ICF INCORPORATED LLC | |||||
| 9300 LEE HIGHWAY | FAIRFAX | VA | 220311207 | SUBCONTRACTOR | 2588586 |
| BOLLINGER SHIPYARDS INC | |||||
| PO BOX 250 | LOCKPORT | LA | 703740250 | SUBCONTRACTOR | 1878044 |
| LOGISTICS ENGINEERING | |||||
| 10 HANOVER ROAD | MOUNTAIN LAKES | NJ | 070461433 | SUBCONTRACTOR | 1109516 |
| KILGORE FLARES COMPANY | |||||
| 155 KILGORE DRIVE | TOONE | TN | 383817850 | SUBCONTRACTOR | 1005753 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 16 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| GOVERNMENT CTRCT REV | 541900 | 222520362 | 222520362 |
| COMMERCIAL CTRCT REV | 541900 | 1711227 | 1711227 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 224231589 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 138257 | TotalRevenueColumn |
| Exclusion | $138,257 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 224369846 | TotalRevenueColumn |
| Related Or Exempt Function Income | 224231589 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $138,257 | ExclusionAmount |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| CONTRACT EXPENSES | 211120581 | 211120581 | |
| G & A ALLOC. FROM SCRA | 5333956 | 1834867 | 3499089 |
| O/HEAD ALLOC.FROM SCRA | 3838083 | 2668987 | 1169096 |
| OCCUP.ALLOC.FROM SCRA | 1208510 | 898134 | 310376 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 221501130 | Total |
| Program Services | 216522569 | ProgramServices |
| Management And General | 4978561 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80533335 | BOY |
| EOY | 81656592 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21688059 | BOY |
| EOY | 27869039 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 458020 | BOY |
| EOY | 704929 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7502 | BOY |
| EOY | 23201 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2555073 | BOY |
| EOY | 2546577 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3393835 | BOY |
| EOY | 3189425 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 108635824 | BOY |
| EOY | 115989763 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29790904 | BOY |
| EOY | 34261314 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63521355 | BOY |
| EOY | 63992410 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1237873 | BOY |
| EOY | 1694115 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 94550132 | BOY |
| EOY | 99947839 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14085692 | BOY |
| EOY | 16041924 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14085692 | BOY |
| EOY | 16041924 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 108635824 | BOY |
| EOY | 115989763 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2868716 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -86860 | ReconciliationUnrealizedInvest |
| Reconcilation Invest Expenses | -16214 | ReconcilationInvestExpenses |
| Reconcilation Other Changes | -809410 | 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 Both | X | FinancialStatementBoth |
| 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) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type1 | X | SupportingOrg509a3Type1 |
| Certification Checkbox | X | CertificationCheckbox |
| 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 | SOUTH CAROLINA RESEARCH AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570736144 | EIN |
| Type Of Organization | 9 | TypeOfOrganization |
| Listed In Governing Doc | 1 | ListedInGoverningDoc |
| Supported Organization Notified | 1 | SupportedOrganizationNotified |
| Organized In US | 1 | OrganizedInUS |
| Amount | $0 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 0 | SumOfAmounts |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO SCRA | Description |
| Amount | $1,694,115 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1694115 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 223457362 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -86860 | NetUnrealizedGainsInvestments |
| Other Revenues | -809410 | OtherRevenues |
| Revenue Not Rptd F990 | -896270 | RevenueNotRptdF990 |
| Revenue Subtotal | 224353632 | RevenueSubtotal |
| Investment Expenses Not Included | 16214 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 16214 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 224369846 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 221501130 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 221501130 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 221501130 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART XI, LINE 2D - OTHER ADJUSTMENTS: | Identifier |
| Explanation | UNREALIZED LOSS ON MIT-RCF INVESTMENT -809,410. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (14 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHRISTOPHER R VAN METRE | ||||||||||||||
| PRESIDENT | 0 | 156442 | 0 | 41487 | 0 | 26992 | 0 | 21375 | 0 | 5282 | 0 | 251578 | 0 | 0 |
| WILLIAM T MAHONEY | ||||||||||||||
| CHAIRMAN | 0 | 228636 | 0 | 108752 | 0 | 37818 | 0 | 35850 | 0 | 15299 | 0 | 426355 | 0 | 0 |
| ROBERT G KIGGANS | ||||||||||||||
| VICE CHAIRMAN | 0 | 95056 | 0 | 48731 | 0 | 22180 | 0 | 0 | 0 | 0 | 0 | 165967 | 0 | 0 |
| JULIA A MARTIN | ||||||||||||||
| CFO, TREASURER | 0 | 187554 | 0 | 94992 | 0 | 11754 | 0 | 29460 | 0 | 19590 | 0 | 343350 | 0 | 0 |
| KEVIN P CARPENTIER | ||||||||||||||
| SR. VICE PRESIDENT | 0 | 141543 | 0 | 40780 | 0 | 26981 | 0 | 11799 | 0 | 2979 | 0 | 224082 | 0 | 0 |
| RUSSEL KELLER | ||||||||||||||
| SR. VICE PRESIDENT | 0 | 125180 | 0 | 22988 | 0 | 18740 | 0 | 10500 | 0 | 9983 | 0 | 187391 | 0 | 0 |
| GERARDINA PELTO | ||||||||||||||
| VICE PRESIDENT | 0 | 117489 | 0 | 19232 | 0 | 13430 | 0 | 8961 | 0 | 1153 | 0 | 160265 | 0 | 0 |
| MARTIN RYAN | ||||||||||||||
| VICE PRESIDENT | 0 | 145182 | 0 | 21754 | 0 | 9043 | 0 | 10875 | 0 | 11252 | 0 | 198106 | 0 | 0 |
| LARRY KARNS | ||||||||||||||
| DIRECTOR | 0 | 130779 | 0 | 24062 | 0 | 34996 | 0 | 0 | 0 | 0 | 0 | 189837 | 0 | 0 |
| MERV LEAVITT | ||||||||||||||
| VICE PRESIDENT | 0 | 163947 | 0 | 18717 | 0 | 45000 | 0 | 0 | 0 | 0 | 0 | 227664 | 0 | 0 |
| PETE NACCI | ||||||||||||||
| SR. PROGRAM MANAGER | 0 | 152399 | 0 | 0 | 0 | 37736 | 0 | 0 | 0 | 0 | 0 | 190135 | 0 | 0 |
| VALERIE THOMAS | ||||||||||||||
| SR. PROGRAM MANAGER | 0 | 159014 | 0 | 0 | 0 | 9335 | 0 | 11830 | 0 | 6703 | 0 | 186882 | 0 | 0 |
| DENNIS THOMPSON | ||||||||||||||
| SR. VICE PRESIDENT | 0 | 155123 | 0 | 16210 | 0 | 11460 | 0 | 11839 | 0 | 12464 | 0 | 207096 | 0 | 0 |
| RICHARD E SELF | ||||||||||||||
| FORMER PRESIDENT 5/12) | 0 | 83679 | 0 | 58413 | 0 | 15306 | 0 | 13155 | 0 | 9072 | 0 | 179625 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 3 | ReturnReference |
| Explanation | ADVANCED TECHNOLOGY INTERNATIONAL (ATI) IS A FULLY CONTROLLED AFFILIATE OF THE SOUTH CAROLINA RESEARCH AUTHORITY (SCRA). COMPENSATION FOR ATI'S EMPLOYEES (WHO ARE LEASED FROM SCRA), INCLUDING THAT OF OFFICERS AND KEY EMPLOYEES, IS SET BY THE PERFORMANCE AND COMPENSATION COMMITTEE OF THE SCRA BOARD OF TRUSTEES. SCRA ENGAGES AN INDEPENDENT CONSULTANT WHO ADVISES THE SCRA PERFORMANCE AND COMPENSATION COMMITTEE REGARDING COMPARABLE INDUSTRY COMPENSATION INFORMATION FOR THE OFFICERS AND KEY EMPLOYEES OF ATI. COMPENSATION IS REVIEWED BY THE COMMITTEE TWICE ANNUALLY; REVIEWS INCLUDE BENCHMARKING AGAINST INDUSTRY DATA TO ENSURE COMPETITIVENESS AND REASONABLENESS OF COMPENSATION AT ALL LEVELS OF THE ORGANIZATION. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THROUGH WRITTEN AGREEMENTS BETWEEN ADVANCED TECHNOLOGY INTERNATIONAL (ATI) AND THE RELATED ORGANIZATION, SOUTH CAROLINA RESEARCH AUTHORITY (SCRA), ATI HAS DELEGATED CERTAIN MANAGEMENT DUTIES TO THE EMPLOYEES OF SCRA. ATI HAS AN EMPLOYEE LEASE AGREEMENT IN PLACE WITH SCRA WHEREBY ATI LEASES ITS EMPLOYEES FROM SCRA, INCLUDING MANAGEMENT PERSONNEL. SCRA IS THE EMPLOYER AND ASSIGNS THE EMPLOYEES TO ATI THROUGH THE AGREEMENT. THE AGREEMENT CLEARLY IDENTIFIES THE ROLES AND RESPONSIBILITIES OF BOTH ATI AND SCRA. | |
| FORM 990, PART VI, SECTION A, LINE 7A | SEE LATER SCHEDULE O NOTE WHICH ADDRESSES BOTH QUESTION 7A AND 7B | |
| FORM 990, PART VI, SECTION A, LINE 7B | SEE LATER SCHEDULE O NOTE WHICH ADDRESSES BOTH QUESTION 7A AND 7B | |
| FORM 990, PART VI, SECTION B, LINE 11 | PRIOR TO SUBMISSION TO THE IRS, ATI'S AUDIT COMMITTEE AND CFO/TREASURER REVIEW THE 990 IN DETAIL. THE AUDIT COMMITTEE REPORTS THE RESULTS OF THIS REVIEW TO THE FULL BOARD OF DIRECTORS; AND THE 990 IS MADE AVAILABLE TO THE BOARD PRIOR TO SUBMISSION TO THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ADVANCED TECHNOLOGY INTERNATIONAL (ATI) OFFICERS AND BOARD DIRECTORS ARE REQUIRED TO EXECUTE ANNUALLY AN ANNUAL STATEMENT REGARDING CONFLICT OF INTEREST POLICY AFFIRMING THAT THEY HAVE READ AND UNDERSTOOD THE CONFLICT OF INTEREST POLICY FOR ATI OFFICERS AND DIRECTORS AND THE SCRA ETHICS AND COMPLIANCE HANDBOOK. IN ADDITION, EACH DIRECTOR AND OFFICER IS TO COMPLETE, EXPEDITIOUSLY, THE DISCLOSURE OF POTENTIAL SIGNIFICANT CONFLICT OF INTEREST FORM WHEN A SPECIFIC POTENTIAL CONFLICT EXISTS AND DISCLOSE ANY SUCH POTENTIAL CONFLICTS OF INTEREST TO THE GOVERNING BOARD OR COMMITTEE FOR REVIEW. ATI KEY EMPLOYEES ARE REQUIRED TO SUBMIT AN ANNUAL DISCLOSURE FORM IDENTIFYING POTENTIAL AREAS OF CONFLICT WITH SOUTH CAROLINA RESEARCH AUTHORITY'S (SCRA) VP OF HUMAN RESOURCES. KEY EMPLOYEE POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY HR; IF THE INITIAL DETERMINATION CONCLUDES THAT A POTENTIAL FOR CONFLICT OF INTEREST UNDER THE POLICY DOES EXIST, IT IS THEN REFERRED TO ATI'S PRESIDENT OR SCRA'S CEO WHO WILL ENSURE IT IS REVIEWED BY THE ATI BOARD OF DIRECTORS, AND IF DEEMED APPROPRIATE, THE EXECUTIVE COMMITTEE OF THE SCRA BOARD OF TRUSTEES. IN ADDITION ATI AND SCRA HAVE IMPLEMENTED AN ORGANIZATIONAL ETHICS AND COMPLIANCE PROGRAM WHICH APPLIES TO ALL EMPLOYEES AND BOARD MEMBERS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | ADVANCED TECHNOLOGY INTERNATIONAL (ATI) IS A FULLY CONTROLLED AFFILIATE OF THE SOUTH CAROLINA RESEARCH AUTHORITY (SCRA). COMPENSATION FOR ATI'S EMPLOYEES (WHO ARE LEASED FROM SCRA), INCLUDING THAT OF OFFICERS AND KEY EMPLOYEES, IS SET BY THE PERFORMANCE AND COMPENSATION COMMITTEE OF THE SCRA BOARD OF TRUSTEES. SCRA ENGAGES AN INDEPENDENT CONSULTANT WHO ADVISES THE SCRA PERFORMANCE AND COMPENSATION COMMITTEE REGARDING COMPARABLE INDUSTRY COMPENSATION INFORMATION FOR THE OFFICERS AND KEY EMPLOYEES OF ATI. COMPENSATION IS REVIEWED BY THE COMMITTEE TWICE ANNUALLY; REVIEWS INCLUDE BENCHMARKING AGAINST INDUSTRY DATA TO ENSURE COMPETITIVENESS AND REASONABLENESS OF COMPENSATION AT ALL LEVELS OF THE ORGANIZATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND DETAILED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. | |
| FORM 990, PART XI, LINE 9: | UNREALIZED LOSS ON MIT-RCF INVESTMENT -809,410. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C | THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. | OVERSIGHT OF AUDIT: |
| FORM 990, PART I AND PART III, LINE 1 | ADVANCED TECHNOLOGY INTERNATIONAL (ATI) IS TO BE FORMED FOR SCIENTIFIC, EDUCATIONAL, AND/OR CHARITABLE PURPOSES, AND/OR FOR THE PURPOSE OF LESSENING THE BURDENS OF GOVERNMENT, WITHIN THE MEANING OF IRC SECTION 501(C)(3) AND IN THIS CONNECTION: (A) TO PROMOTE SCIENTIFIC, EDUCATIONAL AND CHARITABLE ENDEAVORS, AND ENDEAVORS DIRECTED AT LESSENING THE BURDENS OF GOVERNMENT. (B) TO TAKE AND HOLD BY BEQUEST, DEVISE, GIFT, GRANT, PURCHASE, LEASE OR OTHERWISE ANY PROPERTY, REAL, PERSONAL, TANGIBLE OR INTANGIBLE, OR ANY UNDIVIDED INTEREST THEREIN, WITHOUT LIMITATION AS TO AMOUNT OR VALUE; TO SELL, CONVEY, OR OTHERWISE DISPOSE OF ANY SUCH PROPERTY AND ANY INTEREST THEREIN AND TO INVEST, REINVEST, OR DEAL WITH THE PRINCIPAL OR THE INCOME THEREOF IN SUCH MANNER AS, IN THE JUDGMENT OF THE DIRECTORS, WILL BEST PROMOTE THE PURPOSES OF ATI WITHOUT LIMITATION, EXCEPT SUCH LIMITATIONS, IF ANY, AS MAY BE CONTAINED IN THE INSTRUMENT UNDER WHICH SUCH PROPERTY IS RECEIVED, ATI'S ARTICLES OF INCORPORATION, THE BYLAWS OF ATI, OR ANY LAWS APPLICABLE THERETO. (C) TO DO ANY OTHER ACT OR THING INCIDENTAL TO OR CONNECTED WITH THE FOREGOING PURPOSES OR IN ADVANCEMENT THEREOF, BUT NOT FOR THE PECUNIARY PROFIT OR FINANCIAL GAIN OF ITS DIRECTORS OR OFFICERS EXCEPT AS PERMITTED UNDER THE LAWS OF SOUTH CAROLINA RELATING TO NON-PROFIT CORPORATIONS. IN FURTHERANCE OF ITS CORPORATE PURPOSES, ATI SHALL HAVE ALL GENERAL POWERS ENUMERATED IN THE SOUTH CAROLINA NONPROFIT CORPORATION ACT OF 1994 (OR THE CORRESPONDING PROVISION OF ANY SUBSEQUENT LAW). | DESCRIPTION OF THE ORGANIZATION'S MISSION: |
| FORM 990, PART VI, LINES 7A AND 7B | 4.1 POWER AND COMPOSITION MANAGEMENT OF ATI SHALL BE VESTED IN A BOARD OF DIRECTORS CONSISTING OF NO LESS THAN NINE AND NO MORE THAN ELEVEN DIRECTORS, WITH THE ACTUAL NUMBER THEREOF BEING FIXED BY THE BOARD OF DIRECTORS FROM TIME TO TIME. THE MEMBERS OF THE BOARD OF DIRECTORS SHALL CONSIST OF: (I) THE CHIEF EXECUTIVE OFFICER OF SCRA WHO SHALL BE A VOTING EX- OFFICIO MEMBER OF THE BOARD, (II) THE CHIEF FINANCIAL OFFICER OF SCRA WHO SHALL BE A VOTING EX OFFICIO MEMBER OF THE BOARD, (III) THE PRESIDENT OF ATI, AND (IV) NO LESS THAN SIX AND NO MORE THAN EIGHT PERSONS APPOINTED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF SCRA BASED UPON THE NOMINATIONS SUBMITTED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE MEMBERS OF THE BOARD OF DIRECTORS OF ATI WHO ARE SERVING ON THE BOARD AT THAT GIVEN TIME, WITH SUCH ACTUAL NUMBER SET AT (A) SIX IF THE FULL BOARD IS SET AT NINE DIRECTORS, (B) SEVEN IF THE FULL BOARD IS SET AT TEN DIRECTORS, AND (C) EIGHT IF THE FULL BOARD IS SET AT ELEVEN DIRECTORS. WITH RESPECT TO ANY PERSON NOMINATED TO SERVE ON THE BOARD OF DIRECTORS OF ATI PURSUANT TO SECTION 4.1(IV), THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF SCRA MAY, WITH OR WITHOUT CAUSE, DECLINE TO APPOINT ANY SUCH NOMINEE, IN WHICH CASE THE MEMBERS OF THE BOARD OF DIRECTORS OF ATI WHO ARE SERVING ON THE BOARD AT THAT GIVEN TIME SHALL NOMINATE ANOTHER PERSON FOR SUCH BOARD POSITION, WITH SUCH NOMINATION PROCESS CONTINUING UNTIL A NOMINEE IS APPOINTED. MEMBERS OF THE BOARD SHALL BE ELIGIBLE TO BE APPOINTED AS OFFICERS OF ATI, AND THE PRESIDENT MUST BE A MEMBER OF THE BOARD EXCEPT IN THE CASE OF AN INTERIM PRESIDENT APPOINTED UNDER SECTION 3.3(B). THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF SCRA MAY REMOVE ANY MEMBER OF THE BOARD OF DIRECTORS APPOINTED PURSUANT TO SECTION 4.1(IV) AT WILL, WITHOUT CAUSE AND WITHOUT NOTICE. 4.2 TERMS OF OFFICE EACH MEMBER OF THE BOARD OF DIRECTORS NOTED IN SECTION 4.1(I) AND (II) ABOVE SHALL SERVE ON THE BOARD OF DIRECTORS FOR AS LONG AS HE OR SHE SHALL HOLD THE RESPECTIVE POSITION WITH SCRA. EACH MEMBER OF THE BOARD OF DIRECTORS NOTED IN SECTION 4.1(IV) SHALL SERVE A TERM OF THREE YEARS OR UNTIL HIS OR HER SUCCESSOR SHALL BE DULY APPOINTED AND QUALIFIED. HOWEVER, THE RESIGNATION OR REMOVAL OF THE PRESIDENT SHALL RESULT IN THE AUTOMATIC RESIGNATION OR REMOVAL OF SUCH PERSON FROM THE BOARD OF DIRECTORS. EACH MEMBER OF THE BOARD OF DIRECTORS SHALL BE ELIGIBLE TO SERVE NO MORE THAN FOUR CONSECUTIVE TERMS. BOARD MEMBER TERM EXPIRATIONS WILL BE STAGGERED SUCH THAT APPROXIMATELY ONE THIRD OF THEM EXPIRE ANNUALLY. AS EACH TERM NEARS COMPLETION, THE CHAIRMAN WILL DETERMINE WHETHER TO RENEW THE DIRECTOR'S TERM FOLLOWING A DISCUSSION OF EVALUATION RESULTS AND RECOMMITMENT WITH THE MEMBER. THE NOMINATING AND GOVERNANCE COMMITTEE CHAIR WILL SUPPORT THE BOARD CHAIRMAN'S ASSESSMENT OF THE DIRECTOR'S PERFORMANCE. 4.3 VACANCY - ANY VACANCY OCCURRING ON THE BOARD OF DIRECTORS INVOLVING A BOARD POSITION DESIGNATED IN SECTION 4.1(I)SHALL BE FILLED, AS NOTED IN SECTION 3.3 ABOVE, BY THE APPOINTMENT BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF SCRA OF AN INTERIM SUCCESSOR TO FILL SUCH BOARD POSITION. ANY VACANCY OCCURRING ON THE BOARD OF DIRECTORS INVOLVING A BOARD POSITION DESIGNATED IN SECTION 4.1 (II) SHALL BE FILLED, AS NOTED IN SECTION 3.3, BY THE APPOINTMENT OF AN INTERIM SUCCESSOR BY THE CHAIRMAN OF THE BOARD TO FILL SUCH BOARD POSITION. ANY APPOINTED INTERIM SUCCESSOR SHALL SERVE ON THE BOARD OF DIRECTORS UNTIL THE SUCCESSOR CHIEF EXECUTIVE OFFICER OR CHIEF FINANCIAL OFFICER, AS APPROPRIATE, OF SCRA TAKES OFFICE. ANY VACANCY OCCURRING ON THE BOARD OF DIRECTORS INVOLVING A BOARD POSITION DESIGNATED IN SECTION 4.1(IV) SHALL BE FILLED BY THE APPOINTMENT BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF SCRA, BASED UPON THE NOMINATION BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE MEMBERS OF THE BOARD OF DIRECTORS OF ATI WHO ARE SERVING ON THE BOARD AT THAT GIVEN TIME, OF A SUCCESSOR TO FILL THE UNEXPIRED TERM. WITH RESPECT TO ANY PERSON NOMINATED BY THE BOARD OF DIRECTORS TO FILL A VACANCY ON THE BOARD INVOLVING A BOARD POSITION DESIGNATED IN SECTION 4.1(IV), THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF SCRA MAY, WITH OR WITHOUT CAUSE, DECLINE TO APPOINT ANY SUCH NOMINEE, IN WHICH CASE THE MEMBERS OF THE BOARD OF DIRECTORS OF ATI WHO ARE SERVING ON THE BOARD AT THAT GIVEN TIME SHALL NOMINATE ANOTHER PERSON FOR SUCH BOARD POSITION, WITH SUCH NOMINATION PROCESS CONTINUING UNTIL A NOMINEE IS APPOINTED. | POWERS OF APPOINTMENT AND GOVERNANCE DECISIONS BY MEMBERS |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCRA COMMERCIAL SOLUTIONS LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 INTERNATIONAL BLVD | AddressLine1 |
| City | N CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29418 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | INACTIVE | PrimaryActivities |
| Legal Domicile State | SC | LegalDomicileState |
| Total Income | 0 | TotalIncome |
| EOY Assets | 0 | EOYAssets |
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 | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| SOUTH CAROLINA RESEARCH AUTHORITY | ||||||||||
| 1000 CATAWBA STREET | COLUMBIA | SC | 29201 | 570736144 | RESEARCH & DEVELOPMENT | SC | 501(C)(3) | LINE 9 | N/A | 0 |
| TECHNOLOGY MANAGEMENT COMPANY | ||||||||||
| 5300 INTERNATIONAL BLVD | N CHARLESTON | SC | 29418 | 571088989 | TO SUPPORT SCRA | SC | 501(C)(3) | LINE 11, TYPE 1 | N/A | 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 | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | 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 | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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