2013-04-13T09:33:04-05:00 2012-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2011-07-01 201862628 EXCELL PARTNERS INC EXCE 5853896144 222 WEST RIDGE ROAD ROCHESTER NY 14615 THERESA MAZZULLO 5853896144 2013-03-20 1 ANTHONY SANDONATO P00244375 5854231860 2013-03-14 2011 2016-03-07 17:11:31Z X THERESA MAZZULLO 222 WEST RIDGE ROAD ROCHESTER NY 14615 504986 0 X WWW.EXCELLPARTNERSINC.COM X 2005 NY TO FOCUS ON PROVIDING CAPITAL AND CONNECTIONS TO HIGH TECH START-UP COMPANIES EMERGING FROM THE COMMUNITIES, UNIVERSITIES AND RESEARCH CENTERS ACROSS THE UPSTATE REGION AT THE MOST CRITICAL STATE OF THE COMPANY'S DEVELOPMENT. 8 6 3 0 0 0 2000000 0 0 0 84 3 0 504983 2000084 504986 0 0 0 0 36632 363889 0 0 0 459172 592395 495804 956284 1504280 -451298 2037772 1608661 43355 65542 1994417 1543119 TO FOCUS ON PROVIDING CAPITAL AND CONNECTIONS TO HIGH TECH START-UP COMPANIES EMERGING FROM THE COMMUNITIES, UNIVERSITIES AND RESEARCH CENTERS ACROSS THE UPSTATE REGION AT THE MOST CRITICAL STAGE OF THE COMPANY'S DEVELOPMENT. 0 0 830511 PROVIDE FINANCIAL SUPPORT TO TECHNOLOGY BASED START-UPS THROUGH CONVERTIBLE NOTES USED FOR EQUITY FORMATION, BUSINESS PLANS, MARKET ASSESSMENT, RECRUITMENT AND TECHNOLOGY DEVELOPMENT. PROVIDE DIRECT CONNECTIONS TO EARLY STAGE VENTURE CAPITAL FIRMS. 830511 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 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 1 0 0 0 1 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X INSERO & COMPANY CPAS PC 5857876996 1500 HSBC PLAZA ROCHETER NY 14604 MAGGIE BROOKS 0.30 X 0 0 0 MICHAEL MANIKOWSKI 0.30 X 0 0 0 THERESA MAZZULLO 40.00 X X 0 195414 19860 MARGARET RUSSELL 0.30 X X 0 0 0 PETER ROBINSON 0.50 X 0 0 0 J MONTIETH ESTES 0.30 X 0 0 0 ROBERT GENCO 0.30 X 0 0 0 JIM WATTERS 0.30 X 0 0 0 MARY ANN TYSZKO 0.30 X 0 0 0 STEVEN JOHNSON 0.30 X 0 0 0 RAMI KATZ 40.00 X 105938 0 0 105938 195414 19860 1 0 1 0 0 3 3 MANAGEMENT FEE 900099 501066 501066 REIMBURSED LEGAL FEES 900099 3000 3000 OTHER INCOME 900099 917 917 504983 504986 504983 0 3 317965 317965 37329 37329 8595 8595 13772 13772 2433 2433 8877 8877 715 715 1267 1267 251 251 27491 27491 7646 7646 1585 1585 1929 1929 1285 1285 DIRECT PROGRAM/TESTING 498774 498774 SPONSORSHIPS 8500 8500 OUTSIDE COMPUTER SERVIC 4299 4299 DUES AND SUBSCRIPTIONS 4092 4092 9479 9479 956284 830511 125773 0 13616 49974 8524 51819 2000000 1504899 13703 1969 15001 15001 1929 0 0 0 2037772 1608661 26312 17043 65542 43355 65542 X 1994417 1543119 1994417 1543119 2037772 1608661 -451298 0 X 0 1 0 X 0 15001 15001 0 0 COMMITTED DIRECT PROGRAM EXPENSES 65542 65542 0 0 0 0 0 0 0 0 0 THERESA MAZZULLO 0 195414 0 0 0 0 0 0 0 19860 0 215274 0 0 PART I, LINE 3 CEO COMPENSATION, FORM 990, SCHEDULE J, LINE 3: AS PROVIDED IN THE FORM 990, SCHEDULE J INSTRUCTIONS, SINCE THE ORGANIZATION RELIES ON A RELATED ORGANIZATION WHICH USES ONE OR MORE OF THE METHODS DESCRIBED IN LINE 3 TO ESTABLISH THE CEO'S COMPENSATION, THIS QUESTION HAS BEEN LEFT UNANSWERED. PLEASE REFER TO SCHEDULE O, DESCRIPTION OF COMPENSATION REVIEW AND APPROVAL PROCESS. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF EXCELL PARTNERS, INC. IS THE UNIVERSITY OF ROCHESTER. THE MEMBER HAS THE AUTHORITY TO ELECT THE GOVERNING BODY OF EXCELL PARTNERS, INC., AND UNDER NEW YORK LAW CERTAIN DECISIONS OF THE EXCELL PARTNERS BOARD ARE SUBJECT TO THE APPROVAL OF THE MEMBER. SUCH DECISIONS INCLUDE AMENDMENT OF THE CERTIFICATE OF INCORPORATION AND BYLAWS, AND APPROVAL OF SALE OF ALL OR SUBSTANTIALLY ALL ASSETS, MERGER, AND DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER OF EXCELL PARTNERS, INC. IS THE UNIVERSITY OF ROCHESTER. THE MEMBER HAS THE AUTHORITY TO ELECT THE GOVERNING BODY OF EXCELL PARTNERS, INC., AND UNDER NEW YORK LAW CERTAIN DECISIONS OF THE EXCELL PARTNERS BOARD ARE SUBJECT TO THE APPROVAL OF THE MEMBER. SUCH DECISIONS INCLUDE AMENDMENT OF THE CERTIFICATE OF INCORPORATION AND BYLAWS, AND APPROVAL OF SALE OF ALL OR SUBSTANTIALLY ALL ASSETS, MERGER, AND DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER OF EXCELL PARTNERS, INC. IS THE UNIVERSITY OF ROCHESTER. THE MEMBER HAS THE AUTHORITY TO ELECT THE GOVERNING BODY OF EXCELL PARTNERS, INC., AND UNDER NEW YORK LAW CERTAIN DECISIONS OF THE EXCELL PARTNERS BOARD ARE SUBJECT TO THE APPROVAL OF THE MEMBER. SUCH DECISIONS INCLUDE AMENDMENT OF THE CERTIFICATE OF INCORPORATION AND BYLAWS, AND APPROVAL OF SALE OF ALL OR SUBSTANTIALLY ALL ASSETS, MERGER, AND DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE PRESIDENT. UPON SATISFACTORY COMPLETION OF THOSE REVIEWS, A COPY IS PROVIDED TO EACH DIRECTOR FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST DISCLOSURE FORMS ARE REQUESTED ANNUALLY FROM DIRECTORS, OFFICERS, AND KEY EMPLOYEES. DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST INVOLVING ANY PROPOSED CONTRACT OR TRANSACTIONS TO BE EXECUTED BY THE CORPORATION. UNDER THE CORPORATION'S CONFLICT OF INTEREST POLICY, THE BOARD WOULD REVIEW THE PROPOSED CONTRACT OR TRANSACTION IN LIGHT OF THE FACTS AND CIRCUMSTANCES AND APPROVE ONLY THOSE IN WHICH THE TERMS ARE FAIR AND REASONABLE TO THE CORPORATION AND ARE CONSISTENT WITH THE BEST INTERESTS OF THE CORPORATION. THE BOARD DOCUMENTS THE BASIS FOR ITS DECISION IN THE MINUTES OF THE MEETING AT WHICH THE DECISION WAS MADE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL: WRITTEN SELF-EVALUATIONS AND PERFORMANCE EVALUATIONS FOR EXCELL PARTNERS' OFFICERS AND KEY EMPLOYEES ANNUALLY ARE REVIEWED BY THE COMMITTEE ON COMPLIANCE AND COMPENSATION OF THE UNIVERSITY OF ROCHESTER BOARD OF TRUSTEES. THE COMMITTEE HAS AVAILABLE THE EVALUATION FROM THE CHAIR OF EXCELL PARTNERS' BOARD. THE COMMITTEE REVIEWS AND APPROVES TOTAL COMPENSATION FOR OFFICERS AND KEY EMPLOYEES AND CONSIDERS, IN ADDITION TO THE EVALUATIONS, THE SCOPE OF THE INDIVIDUAL'S JOB RESPONSIBILITIES, PREVIOUS COMPENSATION AND COMPARABLE COMPENSATION PAID TO PEOPLE WITH SIMILAR RESPONSIBILITIES AT COMPARABLE INSTITUTIONS. THE COMPARABLE INFORMATION IS PROVIDED BY AN INDEPENDENT CONSULTANT AND IS BASED ON LOCAL, REGIONAL, AND NATIONAL COMPENSATION SURVEYS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION THROUGH VARIOUS METHODS. THE 990 IS AVAILABLE UPON REQUEST OR THROUGH GUIDESTAR. FORM 990, PART VI, SECTION C, LINE 19 EXCELL PARTNERS, INC.'S FORM 1024 AND FORM 990 ARE AVAILABLE ON REQUEST AND ON GUIDESTAR.ORG. ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT ROUTINELY MADE AVAILABLE TO THE PUBLIC. UNIVERSITY OF ROCHESTER 910 GENESEE STREET SUITE 200 ROCHESTER NY 14611 160743209 SCHOOL NY 501(C)(3) 2 N/A 0 HIGHLAND FACILITIES DEVELOPMENT CORP 1000 SOUTH AVENUE ROCHESTER NY 14620 223039077 MEDICAL BLDG NY 501(C)(3) 9 HIGHLD HOSP 0 HIGHLAND COMMUNITY DEVELOPMENT CORP 100 HAHNEMANN TRAIL PITTSFORD NY 14534 223154715 ELDER CARE NY 501(C)(3) 9 SPHS 0 THE HIGHLANDS LIVING CENTER INC 500 HAHNEMANN TRAIL PITTSFORD NY 14534 223240227 HEALTHCARE NY 501(C)(3) 9 SPHS 0 THE MEADOWS AT WESTFALL INC 5901 LAC DE VILLE BLVD ROCHESTER NY 14618 161502303 HEALTHCARE NY 501(C)(3) 9 SPHS 0 STRONG HOME CARE GROUP 2180 EMPIRE BOULEVARD WEBSTER NY 14580 222577664 FUNDRAISING NY 501(C)(3) 7 UNIV OF ROCH 0 VISITING NURSE SRVC OF ROCHESTER & MONRO 2180 EMPIRE BOULEVARD WEBSTER NY 14580 160743215 HEALTHCARE NY 501(C)(3) 9 SHCG 0 COMMUNITY CARE OF ROCHESTER 2180 EMPIRE BOULEVARD WEBSTER NY 14580 161561691 HEALTHCARE NY 501(C)(3) 9 SHCG 0 UR REAL ESTATE CORPORATION 263 WALLIS HALL ROCHESTER NY 14627 271140014 SUPPORT ORG NY 501(C)(3) 11D, III-OTH UNIV OF ROCH 0 CRITTENDEN BOULEVARD HOUSING CO INC 249 NORTON VILLAGE LANE ROCHESTER NY 14609 237035414 SUPPORT ORG NY 501(C)(3) 11B, II UNIV OF ROCH 0 FRAMEMED FOUNDATION INC 263 WALLIS HALL ROCHESTER NY 14627 161490497 SUPPORT ORG NY 501(C)(3) 7 UNIV OF ROCH 0 U OF R BROADCASTING CORPORATION 201 WILSON COMMONS ROCHESTER NY 14627 160743209 BROADCAST LIC NY 501(C)(4) UNIV OF ROCH 0 UNIVERSITY OF ROCHESTER EMPLOYEE BEN TRS 910 GENESEE STREET SUITE 200 ROCHESTER NY 14611 161600112 EMPL BEN TRST NY 501(C)(9) N/A UNIV OF ROCH 0 HIGH TECH ROCHESTER INC 150 LUCIUS GORDON DRIVE SUITE 100 WEST HENRIETTA NY 14586 161195028 BUSINESS INCU NY 501(C)(3) 7 UNIV OF ROCH 0 ROCHESTER BIOVENTURE CENTER INC 601 ELMWOOD AVENUE ROCHESTER NY 14642 202485999 BIOTECH INCUB NY 501(C)(3) 11A, 1 UNIV OF ROCH 0 STRONG PARTNERS HEALTH SYSTEM INC 1000 SOUTH AVENUE ROCHESTER NY 14620 161499099 SUPPORT ORG NY 501(C)(3) 11A, 1 UNIV OF ROCH 0 HIGHLAND HOSPITAL OF ROCHESTER INC 1000 SOUTH AVENUE ROCHESTER NY 14620 160743037 HOSPITAL NY 501(C)(3) 3 SPHS 0 THE HIGHLAND FOUNDATION INC 1000 SOUTH AVENUE ROCHESTER NY 14620 237310662 FUNDRAISING NY 501(C)(3) 7 HIGHLD HOSP 0 MELIORA REAL ESTATE CORPORATION 263 WALLIS HALL ROCHESTER NY 14627 452464788 SUPPORT ORG NY 501(C)(3) 11D, III-OTH UNIV OF ROCH 0 MEDICAL ADMINISTRATIVE ASSOCIATES INC 777 SOUTH CLINTON AVENUE ROCHESTER NY 14620 161354319 RETAIL PHARMACY NY HIGHLAND HOSPITAL C UR EQUITY HOLDINGS INC 110 OFFICE PARK WAY PITTSFORD NY 14534 273040889 HOLDING COMPANY NY UNIV ROCH C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0