2013-08-13T10:46:07-05:00 2012-09-30 PRICEWATERHOUSECOOPERS LLP 125 HIGH STREET BOSTON MA 02110 990 2011-10-01 200988966 TMT OBSERVATORY CORPORATION % DAVID GOODMAN TMTO 6263951610 1111 SOUTH ARROYO PARKWAY PASADENA CA 91105 EDWARD STONE 2013-08-12 true PRICEWATERHOUSECOOPERS LLP 6175305000 2011 2016-02-24 21:20:13Z EDWARD STONE 1111 SO ARROYO PKWY STE 200 PASADENA CA 91105 15294555 false X WWW.TMT.ORG X 2004 CA SEE SCHEDULE O 6 6 30 0 0 15000000 15293700 0 0 1104 855 0 0 15001104 15294555 64521 15000 0 0 6233387 6152439 0 0 0 9835898 6886575 16133806 13054014 -1132702 2240541 11088199 12346367 3137020 2154647 7951179 10191720 X SEE SCHEDULE O false false 11370146 15000 SEE SCHEDULE O 11370146 true true false false false false false false false false true false false false true false true false false true true false false false false false false true false true false false false false false false false false false false false false false false false false false false true 0 0 30 true false false false false false false false false false false X 6 6 true false false false true true true true true false false true true true true true true true true false CA X DAVID GOODMAN 6263951610 1111 SOUTH ARROYO PARKWAY SUITE 20 PASADENA CA 91105 X DR EDWARD C STONE 4.0 X X 0 0 0 DR MICHAEL BOLTE 4.0 X DR HENRY YANG 4.0 X X DR B THOMAS SOIFER 4.0 X DR RICHARD ELLIS 4.0 X NATHAN BROSTROM 4.0 X X ANN MARTIN 10.0 X 40980 0 DAVID GOODMAN 40.0 X 175711 39569 DR GARY SANDERS 40.0 X 236194 43369 ERIC WILLIAMS 40.0 X 208236 42336 LARRY STEPP 40.0 X 219957 42493 MARK SIROTA 40.0 X 196325 42699 BRENT ELLERBROEK 40.0 X 181584 62436 PETER GRAY 40.0 X 184936 38462 1443923 0 311364 18 false true false CALIFORNIA INSTITUTE OF TECHNOLOGY 1200 E CALIFORNIA BOULEVARD PASADENA CA 91125 SCIENTIFIC SERVICES 1277168 UNIVERSITY OF CALIFORNIA 1111 FRANKLIN STREET 12TH FLOOR OAKLAND CA 946075200 SCIENTIFIC SERVICES 1250018 TRIAD PROJECT MANAGEMENT SERVICES 14325 WILLARD ROAD SUITE 107 CHANTILLY VA 20151 PROFESSIONAL SERVICE 750292 M3 ENGINEERING AND TECHNOLOGY CORP 2051 W SUNSET ROAD SUITE 101 TUCSON AZ 85704 ENGINEERING 735126 ITT SPACE SYSTEMS DIVISION 1447 ST PAUL STREET PO BOX 60488 ROCHESTER NY 146060488 ENGINEERING 376217 12 15293700 15293700 0 855 855 0 0 0 0 0 0 0 15294555 855 15000 15000 0 0 0 465589 241194 224395 0 4440958 3721855 719103 514759 411750 103009 275135 257757 17378 455998 378666 77332 0 160268 151158 9110 126965 126965 0 0 0 1462374 1461459 915 0 292401 83798 208603 152470 152470 0 376020 376020 652312 595389 56923 0 100264 91515 8749 0 0 255757 255757 78774 78689 85 JPL RELATED EXPENSES 2298500 2298500 SUBCONTRACTS 804046 760164 43882 FEES 78541 36400 42141 CALTECH SERVICES 39215 39215 8668 2605 6063 13054014 11370146 1683868 0 0 0 10150621 11558452 0 0 0 0 0 0 0 0 0 0 0 0 37538 118551 1598780 929416 899954 669364 0 0 0 0 0 0 0 0 86 0 11088199 12346367 1178321 814682 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1958699 1339965 3137020 2154647 X 7951179 10191720 0 0 0 0 7951179 10191720 11088199 12346367 2240541 X false true true X false X 9321411 21240718 12987223 15000000 15293700 73843052 9321411 21240718 12987223 15000000 15293700 73843052 73843052 491608 126039 1579 1104 855 621185 0 0 0 0 0 0 74464237 0.99166 0.98578 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 325898 124928 200970 1272882 804488 468394 669364 0 TECHNOLOGY 1339965 1339965 15294555 13054014 2240541 2240541 15294555 15294555 15294555 13054014 13054014 13054014 SCHEDULE D, PART X, LINE 2: THE FINANCIAL STATEMENTS DID NOT REPORT A FIN 48 LIABILITY. North America 1 3 Program Services ENGINEERING SERVICES 409768 1 3 1 3 409768 409768 false false false false false false SCHEDULE F, PART I, LINE 3, COLUMN (F): FOREIGN EXPENDITURES ARE TRACKED SEPARATELY IN THE ORGANIZATION'S GENERAL LEDGER. true HAWAII ISLAND WORKFORCE & ECON DEV OHANA INC 1990 KINOOLE ST STE 102 Hilo HI 96720 201550014 501(c)(3) 10000 Outreach support 1 SCHEDULE I, PART I, LINE 2: TMT'S OUTREACH AWARDS REQUIRE THAT THE RECEIVING ORGANIZATION SUBMIT A FINAL REPORT OUTLINING THE USE OF THE FUNDS WITHIN 90 DAYS OF SCHEDULED PROGRAM COMPLETION. TMT HAS THE RIGHT TO CANCEL AND TO OBTAIN REIMBURSEMENT OF FUNDS NOT USED IN PURSUIT OF APPROVED PROGRAM OBJECTIVES. X false true X X X false false false false false false false false false DAVID GOODMAN 175346 0 365 27512 0 12057 0 215280 0 0 0 DR GARY SANDERS 219694 0 16500 37327 0 6042 0 279563 0 0 0 ERIC WILLIAMS 207813 0 423 25562 0 16774 0 250572 0 0 0 LARRY STEPP 218845 0 1112 33247 0 9246 0 262450 0 0 0 MARK SIROTA 194947 0 1378 24327 0 18372 0 239024 0 0 0 BRENT ELLERBROEK 181552 0 32 30280 0 32156 0 244020 0 0 0 PETER GRAY 183507 0 1429 27347 0 11115 0 223398 0 0 0 SCHEDULE J, PART I, LINE 1A AND 1B: In connection with certain payments received in lieu of retirement benefits, an officer of the organization was provided a gross up payment. This amount is included in taxable income. SCHEDULE J, PART I, LINE 3: Henry Yang, the CEO, is not compensated by TMT. While TMT does not have an Executive Director, Gary Sanders, the Project Manager, is in control of the day-to-day operations of the organization. SCHEDULE J, PART II: GARY SANDERS RECEIVED A FORM W-2 FROM THE CALIFORNIA INSTITUTE OF TECHNOLOGY DURING CALENDAR YEAR 2011. TMT OBSERVATORY CORPORATION REIMBURSES CALTECH FOR HIS COMPENSATION AND BENEFITS. PART I, LINE 1 AND PART III, LINEs 1 & 4A: ORGANIZATION'S MISSION AND PROGRAM SERVICE ACTIVITY TMT OBSERVATORY CORPORATION (TMT) IS A NONPROFIT PUBLIC BENEFIT CORPORATION FOUNDED BY THE REGENTS OF THE UNIVERSITY OF CALIFORNIA (UC) AND CALIFORNIA INSTITUTE OF TECHNOLOGY (CALTECH), HEREINAFTER COLLECTIVELY "FOUNDING MEMBERS" AND WAS ORIGINALLY INCORPORATED AS THE "CELT DEVELOPMENT CORPORATION" ON OCTOBER 30, 2003. THE FOUNDING MEMBERS ESTABLISHED TMT FOR THE INITIAL PURPOSE OF DEVELOPING THE DESIGN OF A GIANT SEGMENTED MIRROR TELESCOPE, THE THIRTY METER TELESCOPE, WITH THE POTENTIAL OF CONSTRUCTING, COMMISSIONING AND OPERATING AN OBSERVATORY. IN ADDITION TO THE GOALS AND MISSIONS AS DESCRIBED ABOVE, TMT WILL FOSTER SCIENTIFIC INTERACTION BETWEEN EDUCATIONAL AND RESEARCH INSTITUTIONS TO FURTHER COLLEGE AND UNIVERSITY EDUCATIONAL RESEARCH IN ASTRONOMY. FORM 990, PART VI, LINE 2: BUSINESS RELATIONSHIPS DIRECTOR, DR. HENRY YANG, IS CHANCELLOR AT THE UNIVERSITY OF CALIFORNIA, SANTA BARBARA. DIRECTOR, DR. MICHAEL BOLTE, AND TREASURER, NATHAN BROSTROM, ARE EMPLOYED BY THE UNIVERSITY OF CALIFORNIA. FORM 990, PART VI, LINES 6 AND 7: MEMBERS TMT HAS TWO MEMBERS UNIVERSITY OF CALIFORNIA (UC) AND CALIFORNIA INSTITUTE OF TECHNOLOGY (CALTECH). Governance decisions of the organization including the appointment and number of directors, admission of new members and the terms of such admission are reserved to the members of the organization. FORM 990, PART VI, LINE 11B: PROCESS USED BY THE ORGANIZATION TO REVIEW FORM 990 WORKING WITH PRICEWATERHOUSECOOPERS, LLP ("PWC"), THE FORM 990 IS PREPARED. THE FORM 990 IS THEN REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. PRIOR TO FILING WITH THE IRS THE FINAL FORM 990 IS MADE AVAILABLE TO THE FULL BOARD. PWC SIGNS THE RETURN AS PAID PREPARER AND ELECTRONICALLY FILES THE RETURN WITH THE IRS. FORM 990, PART VI, LINE 12C: CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS, TMT OBSERVATORY CORPORATION ("TMT") DISTRIBUTES CONFLICT OF INTEREST LETTERS WHICH THE BOARD MEMBERS AND KEY EMPLOYEES COMPLETE AND RETURN. MANAGEMENT OF TMT REVIEWS THE RETURNED FORMS FOR COMPLIANCE. IF A CONFLICT IS DISCOVERED IT IS ESCALATED TO THE APPROPRIATE PARTY WITHIN THE ORGANIZATION. FORM 990, PART VI, LINE 15: PROCESS OF DETERMINING COMPENSATION TMT has an executive compensation committee that annually reviews the compensation of the organizations key employees and highest compensated employees. The committees deliberations are documented. The committee does not review ALL employees' compensation, only key employees and highest compensated employees. FORM 990, PART VI, LINE 19: AVAILABILITY OF GOVERNING DOCUMENTS AND POLICIES DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: GARY SANDERS RECEIVED A FORM W-2 FROM THE CALIFORNIA INSTITUTE OF TECHNOLOGY DURING CALENDAR YEAR 2011. TMT OBSERVATORY CORPORATION REIMBURSES CALTECH FOR HIS COMPENSATION AND BENEFITS.