2013-09-26T07:45:02-05:00 2013-06-30 560587953 GILLIAM COBLE & MOSER LLP PO BOX 621 BURLINGTON NC 272160621 990 2012-07-01 900131526 GATEWAY UNIVERSITY RESEARCH PARK INC GATE 3363759232 5900 SUMMIT AVENUE BROWN SUMMIT NC 27214 JOHN MERRILL 3363759659 2013-09-11 1 WILLIAM E WILKINSON P00024569 3362276283 2012 2016-02-24 21:20:13Z MR JOHN MERRILL 5900 SUMMIT AVENUE BROWN SUMMIT NC 27214 4936279 0 X WWW.GATEWAYURP.COM X 2003 NC THE ORGANIZATION IS A CATALYST FOR UNIVERSITY RESEARCH, INNOVATION, AND ECONOMIC DEVELOPMENT. 17 17 15 2 0 0 16266008 1241890 3287843 3648144 6091 2065 84603 44180 19644545 4936279 0 0 0 0 1033764 849009 0 0 0 3866280 6040784 4900044 6889793 14744501 -1953514 83442496 79850836 11348305 9710159 72094191 70140677 GATEWAY UNIVERSITY RESEARCH PARK IS A CATALYST FOR UNIVERSITY RESEARCH, INNOVATION, AND ECONOMIC DEVELOPMENT. 0 0 4700733 3692324 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. 4700733 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 15 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JOHN MERRILL 3363759232 5900 SUMMIT AVENUE BROWN SUMMIT NC 27214 MR EDWARD KITCHEN 5.00 X X 0 0 0 MR RALPH SHELTON 1.00 X X 0 0 0 MR DENNIS STEARNS 1.00 X X 0 0 0 DR HAROLD L MARTIN SR 5.00 X 0 0 0 MS BARBARA DEMAREST 1.00 X 0 0 0 MR D HAYES CLEMENT 1.00 X 0 0 0 MS DENNY KELLY 1.00 X 0 0 0 MR MAC SIMS 1.00 X 0 0 0 DR GERALD TRUESDALE 1.00 X 0 0 0 DR DAVID PERRIN 1.00 X 0 0 0 DR LINDA BRADY 5.00 X 0 0 0 DR TERRI SHELTON 1.00 X 0 0 0 MR JOHN JENKINS 1.00 X 0 0 0 BARRY BURKS 1.00 X 0 0 0 DR CELESTINE NTUEN 1.00 X 0 0 0 DR CHARLES MCQUEARY 1.00 X 0 0 0 MS KIM GATLING 1.00 X 0 0 0 MR WINSER ALEXANDER 1.00 X 0 0 0 MR JOHN R MERRILL 50.00 X 185412 0 18616 185412 0 18616 1 0 1 0 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 10 1236890 5000 5000 1241890 MANAGEMENT FEE INCOME 531110 2636338 2636338 RENTAL INCOME 531110 1011806 1011806 3648144 2065 2065 MISCELLANEOUS INCOME 531110 44180 44180 44180 4936279 3692324 0 2065 191700 130791 60909 563896 384727 179169 27471 18743 8728 27203 18560 8643 38739 26430 12309 28813 19658 9155 30909 21088 9821 6349 4332 2017 19970 13625 6345 125376 85543 39833 1031877 704050 327827 3511 2395 1116 491243 335159 156084 3345440 2282486 1062954 87392 59628 27764 MAINTENANCE & REPAIRS 665908 454332 211576 SECURITY AND PUBLIC SAF 158922 108432 50490 JSNN SUPPLIES 43424 29628 13796 DUES, SUBSCRIPTIONS & M 1650 1126 524 6889793 4700733 2189060 0 1699704 475756 75 255327 118582 94021 44695 86456669 7244866 81393369 79211803 83442496 79850836 1376515 203679 1816 9971790 9504664 11348305 9710159 X 71220942 70140677 873249 0 0 72094191 70140677 83442496 79850836 -1953514 0 X 0 1 X 1 1 1 X 6185081 15287370 29530498 16266008 1241890 68510847 236250 236250 177188 236250 236250 1122188 6421331 15523620 29707686 16502258 1478140 69633035 69633035 7419 5893 4900 6091 2065 26368 325180 84603 44180 453963 70113366 13193579 0.99310 0.99340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 75962752 4488606 71474146 10459236 2733738 7725498 34681 22522 12159 79211803 5172529 236250 236250 4936279 0 4936279 7126043 236250 236250 6889793 0 6889793 X 0 0 0 0 0 0 0 0 0 MR JOHN R MERRILL 178212 0 0 0 7200 0 12727 0 5889 0 204028 0 0 0 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.