GATEWAY RESEARCH PARK INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GATEWAY RESEARCH PARK INC (EIN 90-0131526)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2013-09-26
- IRS object ID
- 201312699349300701
- 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 | 2013-09-26T07:45:02-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560587953 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GILLIAM COBLE & MOSER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 621 | AddressLine1 |
| City | BURLINGTON | City |
| State | NC | State |
| ZIP Code | 272160621 | 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 | 900131526 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GATEWAY UNIVERSITY RESEARCH PARK INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GATE | NameControl |
| Phone | 3363759232 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5900 SUMMIT AVENUE | AddressLine1 |
| City | BROWN SUMMIT | City |
| State | NC | State |
| ZIP Code | 27214 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN MERRILL | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 3363759659 | Phone |
| Date Signed | 2013-09-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WILLIAM E WILKINSON | Name |
| PTIN | P00024569 | PTIN |
| Phone | 3362276283 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MR JOHN MERRILL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5900 SUMMIT AVENUE | AddressLine1 |
| City | BROWN SUMMIT | City |
| State | NC | State |
| ZIP Code | 27214 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4936279 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GATEWAYURP.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2003 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | THE ORGANIZATION IS A CATALYST FOR UNIVERSITY RESEARCH, INNOVATION, AND ECONOMIC DEVELOPMENT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 15 | TotalNbrEmployees |
| Total Nbr Volunteers | 2 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 16266008 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1241890 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3287843 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3648144 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 6091 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2065 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 84603 | OtherRevenuePriorYear |
| Other Revenue Current Year | 44180 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 19644545 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4936279 | 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 | 1033764 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 849009 | 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 | 3866280 | OtherExpensePriorYear |
| Other Expenses Current Year | 6040784 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4900044 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6889793 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 14744501 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1953514 | RevenuesLessExpensesCY |
| Total Assets BOY | 83442496 | TotalAssetsBOY |
| Total Assets EOY | 79850836 | TotalAssetsEOY |
| Total Liabilities BOY | 11348305 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9710159 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 72094191 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 70140677 | NetAssetsOrFundBalancesEOY |
| Mission Description | GATEWAY UNIVERSITY RESEARCH PARK IS A CATALYST FOR UNIVERSITY RESEARCH, INNOVATION, AND ECONOMIC DEVELOPMENT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4700733 | Expense |
| Revenue | 3692324 | Revenue |
| Description | TO BE A CATALYST FOR ENHANCING THE RESEARCH ENTERPRISE FOR NORTH CAROLINA AGRICULTURAL & TECHNOLOGICAL STATE UNIVERSITY AND THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO WHILE ENHANCING/PROMOTING THE COMMUNITY THROUGH ECONOMIC AND CULTURAL DEVELOPMENT. | Description |
| Total Program Service Expense | 4700733 | 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 | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | 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 | 0 | 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 | 14 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 15 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| 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 | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | 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 |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN MERRILL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3363759232 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5900 SUMMIT AVENUE | AddressLine1 |
| City | BROWN SUMMIT | City |
| State | NC | State |
| ZIP Code | 27214 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MR EDWARD KITCHEN | ||||||
| CHAIR | 5.00 | X | X | 0 | 0 | 0 |
| MR RALPH SHELTON | ||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| MR DENNIS STEARNS | ||||||
| SECRETARY / TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| DR HAROLD L MARTIN SR | ||||||
| MEMBER, BOARD OF DIRECTORS | 5.00 | X | 0 | 0 | 0 | |
| MS BARBARA DEMAREST | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| MR D HAYES CLEMENT | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| MS DENNY KELLY | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| MR MAC SIMS | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| DR GERALD TRUESDALE | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| DR DAVID PERRIN | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| DR LINDA BRADY | ||||||
| MEMBER, BOARD OF DIRECTORS | 5.00 | X | 0 | 0 | 0 | |
| DR TERRI SHELTON | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| MR JOHN JENKINS | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| BARRY BURKS | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| DR CELESTINE NTUEN | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| DR CHARLES MCQUEARY | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| MS KIM GATLING | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| MR WINSER ALEXANDER | ||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | |
| MR JOHN R MERRILL | ||||||
| EXECUTIVE DIRECTOR | 50.00 | X | 185412 | 0 | 18616 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 185412 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 18616 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| BARTON MARLOW SAMET SRS | |||||
| 309 GALLIMORE DAIRY ROAD | GREENSBORO | NC | 27409 | CONSTRUCTION SERVICES | 3956046 |
| VARIAN INC | |||||
| 4187 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 60693 | LABORATORY EQUIPMENT | 1851717 |
| DUKE ENERGY | |||||
| PO BOX 70516 | CHARLOTTE | NC | 28272 | UTILITIES | 645513 |
| SIEMENS MEDICAL SOLUTIONS USA INC | |||||
| 51 VALLEY STREAM PARKWAY | MALVERN | PA | 19355 | LABORATORY EQUIPMENT | 353096 |
| CARL ZEISS SMT | |||||
| ONE CORPORATION WAY | PEABODY | MA | 01960 | LABORATORY EQUIPMENT | 261110 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 10 | NumberOfContractorsGT100K |
| Government Grants | 1236890 | GovernmentGrants |
| All Other Contributions | 5000 | AllOtherContributions |
| Noncash Contributions | 5000 | NoncashContributions |
| Total Contributions | 1241890 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MANAGEMENT FEE INCOME | 531110 | 2636338 | 2636338 |
| RENTAL INCOME | 531110 | 1011806 | 1011806 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3648144 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2065 | TotalRevenueColumn |
| Exclusion | $2,065 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 531110 | BusinessCode |
| Total Revenue Column | 44180 | TotalRevenueColumn |
| Related Or Exempt Function Income | 44180 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 44180 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4936279 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3692324 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,065 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 191700 | Total |
| Program Services | 130791 | ProgramServices |
| Management And General | 60909 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 563896 | Total |
| Program Services | 384727 | ProgramServices |
| Management And General | 179169 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27471 | Total |
| Program Services | 18743 | ProgramServices |
| Management And General | 8728 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27203 | Total |
| Program Services | 18560 | ProgramServices |
| Management And General | 8643 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38739 | Total |
| Program Services | 26430 | ProgramServices |
| Management And General | 12309 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28813 | Total |
| Program Services | 19658 | ProgramServices |
| Management And General | 9155 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30909 | Total |
| Program Services | 21088 | ProgramServices |
| Management And General | 9821 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6349 | Total |
| Program Services | 4332 | ProgramServices |
| Management And General | 2017 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19970 | Total |
| Program Services | 13625 | ProgramServices |
| Management And General | 6345 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125376 | Total |
| Program Services | 85543 | ProgramServices |
| Management And General | 39833 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1031877 | Total |
| Program Services | 704050 | ProgramServices |
| Management And General | 327827 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3511 | Total |
| Program Services | 2395 | ProgramServices |
| Management And General | 1116 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 491243 | Total |
| Program Services | 335159 | ProgramServices |
| Management And General | 156084 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3345440 | Total |
| Program Services | 2282486 | ProgramServices |
| Management And General | 1062954 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87392 | Total |
| Program Services | 59628 | ProgramServices |
| Management And General | 27764 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| MAINTENANCE & REPAIRS | 665908 | 454332 | 211576 |
| SECURITY AND PUBLIC SAF | 158922 | 108432 | 50490 |
| JSNN SUPPLIES | 43424 | 29628 | 13796 |
| DUES, SUBSCRIPTIONS & M | 1650 | 1126 | 524 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6889793 | Total |
| Program Services | 4700733 | ProgramServices |
| Management And General | 2189060 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1699704 | BOY |
| EOY | 475756 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75 | BOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 255327 | BOY |
| EOY | 118582 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 94021 | BOY |
| EOY | 44695 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 86456669 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 7244866 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81393369 | BOY |
| EOY | 79211803 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83442496 | BOY |
| EOY | 79850836 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1376515 | BOY |
| EOY | 203679 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1816 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9971790 | BOY |
| EOY | 9504664 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11348305 | BOY |
| EOY | 9710159 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71220942 | BOY |
| EOY | 70140677 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 873249 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72094191 | BOY |
| EOY | 70140677 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83442496 | BOY |
| EOY | 79850836 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -1953514 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | 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 Separate | X | FinancialStatementSeparate |
| 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) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6185081 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15287370 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 29530498 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16266008 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1241890 | CurrentTaxYear |
| Total | 68510847 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 236250 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 236250 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 177188 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 236250 | CurrentTaxYearMinus1Year |
| Current Tax Year | 236250 | CurrentTaxYear |
| Total | 1122188 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6421331 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15523620 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 29707686 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16502258 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1478140 | CurrentTaxYear |
| Total | 69633035 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 69633035 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7419 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5893 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4900 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6091 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2065 | CurrentTaxYear |
| Total | 26368 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 325180 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus1 Year | 84603 | CurrentTaxYearMinus1Year |
| Current Tax Year | 44180 | CurrentTaxYear |
| Total | 453963 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 70113366 | TotalSupport |
| Gross Receipts From Admissions Etc | 13193579 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.99310 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.99340 | PublicSupportPertcentPriorYear |
| 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
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 75962752 | OtherCostOrOtherBasis |
| Depreciation | 4488606 | Depreciation |
| Book Value | 71474146 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10459236 | OtherCostOrOtherBasis |
| Depreciation | 2733738 | Depreciation |
| Book Value | 7725498 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 34681 | OtherCostOrOtherBasis |
| Depreciation | 22522 | Depreciation |
| Book Value | 12159 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 79211803 | TotalOfBookValueLandBuildings |
| Tot Revenue Etc Audited Fincl Stmt | 5172529 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 236250 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 236250 | RevenueNotRptdF990 |
| Revenue Subtotal | 4936279 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4936279 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7126043 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 236250 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 236250 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6889793 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6889793 | TotalExpensesPerForm990 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MR JOHN R MERRILL | NamePerson |
| Title | EXECUTIVE DIRECTOR | Title |
| Base Compensation Filing Org | 178212 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 7200 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 12727 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 5889 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 204028 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | EFFECTIVE JULY 1, 2012, THE ORGANIZATION AMENDED AND RESTATED ITS BYLAWS TO UPDATE SPECIFIED TERM LIMITS FOR MEMBERS OF THE BOARD OF DIRECTORS THAT ARE APPOINTED BY THE CHANCELLORS OF THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO AND NORTH CAROLINA AGRICULTURAL AND TECHNICAL STATE UNIVERSITY (THE "CHANCELLOR DIRECTORS"). THE NON-UNIVERSITY CHANCELLOR DIRECTORS AND ELECTED DIRECTORS WILL NOW BE DIVIDED INTO THREE CLASSES TO SERVE IN THE FIRST INSTANCE FOR TERMS OF ONE, TWO, OR THREE YEARS. |
| FORM 990, PART VI, SECTION B, LINE 11 | WITH OVERSIGHT FROM THE EXECUTIVE DIRECTOR, GATEWAY'S DIRECTOR OF ADMINISTRATION AND THE BUSINESS OFFICER COMPILE THE INFORMATION TO BE SUBMITTED TO THE ACCOUNTING FIRM. THE EXECUTIVE DIRECTOR REVIEWS THE DRAFT OF THE FORM 990 WHEN PREPARED, AND THE DRAFT FORM 990 ALSO IS PRESENTED TO THE BOARD'S AUDIT COMMITTEE FOR REVIEW (PRIOR TO FILING). THE FINAL REPORT IS PRESENTED TO THE BOARD OF DIRECTORS AS PART OF THE GATEWAY'S ANNUAL REPORT (AFTER THE FILING). |
| FORM 990, PART VI, SECTION B, LINE 12C | AT THE ANNUAL JANUARY BOARD MEETING, THE ORGANIZATION DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND ASKS MEMBERS TO SIGN THOSE AND RETURN AS QUICKLY AS POSSIBLE. THE DIRECTOR OF ADMINISTRATION OR BUSINESS OFFICER THEN FOLLOWS-UP WITH EACH INDIVIDUAL TO BE SURE OF THEIR RECEIPT AND THAT FULL DISCLOSURE OF POSSIBLE CONFLICTS OF INTERESTS (IF ANY) IS DISCUSSED AND RESOLVED WITH THE BOARD. POLICIES ARE THEN FILED IN GATEWAY'S BOARD BOOK. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION'S BOARD OF DIRECTORS PERFORMS AN ANNUAL PERFORMANCE REVIEW FOR THE EXECUTIVE DIRECTOR. INCREASES OR DECREASES IN SALARY ARE MADE BASED ON THE BOARD'S RECOMMENDATION. PAGE 6, PART VI, LINE 15B. PERSONNEL RECEIVE AN ANNUAL PERFORMANCE REVIEW BY GATEWAY'S EXECUTIVE DIRECTOR. SALARY RECOMMENDATIONS ARE AT THE DISCRETION OF THE EXECUTIVE DIRECTOR. |
| FORM 990, PART VI, SECTION C, LINE 19 | GATEWAY UNIVERSITY RESEARCH PARK, INC. PREPARES AND PROVIDES AN ANNUAL REPORT, WHICH CONTAINS AN AUDITED FINANCIAL REPORT AND FORM 990, AS WELL AS A DESCRIPTION OF THE ORGANIZATION'S ACTIVITIES DURING THE PRIOR YEAR. OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART VIII, LINE 1E | GRANT REVENUE DECREASED DUE TO THE COMPLETION AND OPENING OF THE JOINT SCHOOL OF NANOSCIENCE AND NANOENGINEERING FACILITY. GRANT REVENUES FOR THE PAST FOUR YEARS HAVE BEEN TIED TO THE $64.3 MILLION GRANT FROM NCA&T FOR THE CONSTRUCTION OF THIS FACILITY. NOW THAT IT HAS BEEN COMPLETED, GRANT REVENUES ARE ANTICIPATED TO BE MUCH LOWER IN THE COMING YEARS UNLESS THE UNIVERSITIES (AND/OR THE STATE OF NC) FUND ANOTHER FACILITY, WHICH IS NOT ANTICIPATED AT THIS TIME. |
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