2013-11-14T11:08:54-06:00 2012-12-31 721088864 LAPORTE APAC TOWN HALL WEST 10000 PERKINS ROWE 200 BATON ROUGE LA 708101797 990 2012-01-01 582087281 RESEARCH PARK CORPORATION RESE 2252181100 7117 FLORIDA BOULEVARD BATON ROUGE LA 70806 FREDERICK STEPHEN LOY 2252181100 2013-11-13 1 AMY E WALTERS CPA CCIFP P01078383 2252965150 2012 2016-02-25 16:41:14Z FREDERICK STEPHEN LOY 7117 FLORIDA BLVD BATON ROUGE LA 70806 10604874 0 X WWW.LATECHPARK.COM X 1992 LA RESEARCH PARK CORPORATION WAS ORGANIZED TO ATTRACT INDUSTRIES TO BATON ROUGE AND THE STATE OF LOUISIANA BY PROVIDING FACILITIES TO CARRY ON RESEARCH AND DEVELOPMENT. 12 12 5 12 1042086 221036 1245601 1335053 302855 174657 1023974 1269356 974613 1219356 3547043 3998422 0 250000 0 0 491072 445495 0 0 0 2122999 2111355 2614071 2806850 932972 1191572 18679837 19657796 150841 564984 18528996 19092812 RESEARCH PARK CORPORATION WAS ORGANIZED TO ATTRACT INDUSTRIES TO BATON ROUGE AND THE STATE OF LOUISIANA BY PROVIDING FACILITIES TO CARRY ON RESEARCH AND DEVELOPMENT. 0 0 2081341 250000 270097 DEVELOPING A RESEARCH PARK FOR THE CITY OF BATON ROUGE IN ORDER TO ATTRACT VARIOUS INDUSTRIES TO LOUISIANA. RESEARCH PARK CORPORATION WORKED WITH APPROXIMATELY 17 START-UP COMPANIES IN 2012 BY PROVIDING THE START-UPS WITH ALL OF THE PHYSICAL THINGS NEEDED TO START A BUSINESS, SUCH AS OFFICE SPACE, FURNITURE, PHONES, INTERNET CONNECTIVITY, AND USE OF A SHARED CONFERENCE ROOM. RESEARCH PARK CORPORATION ALSO PROVIDES BUSINESS COUNSELING IN THE AREAS OF ACCOUNTING, FINANCE, TAX CREDITS, MARKETING, AND PUBLIC RELATIONS. RESEARCH PARK CORPORATION ALSO EDUCATES THE START-UP COMPANIES AND LINKS THEM TO RESOURCES IN THE COMMUNITY THROUGH IN HOUSE EDUCATIONAL WORKSHOPS, ADVISORY BOARD PROGRAMS, AND ITS STRATEGIC PARTNER NETWORK. 2081341 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 10 0 1 5 1 1 1 0 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X GENEVIEVE SILVERMAN 2252181100 7117 FLORIDA BOULEVARD BATON ROUGE LA 70806 WALTER MONSOUR 0.50 X 0 0 0 DR JAMES LLORENS 0.50 X 0 0 0 ISAAC THOMAS 0.50 X X 0 0 0 STEVE HICKS 0.50 X X 0 0 0 CORNELIUS LEWIS 0.50 X 0 0 0 TERRELL BROWN 0.50 X X 0 0 0 ERIC LEWIS 0.50 X 0 0 0 EDWARD ASHWORTH 0.50 X 0 0 0 NANETTE NOLAND 0.50 X 0 0 0 MIKE MOLES 0.50 X 0 0 0 DR WILLIAM JENKINS 0.50 X 0 0 0 QUENTIN MESSER JR 0.50 X X 0 0 0 FREDERICK STEPHEN LOY 40.00 X 131693 0 29277 GENEVIEVE SILVERMAN 40.00 X 86841 0 25252 218534 0 54529 1 0 1 0 VENYU 7129 FLORIDA BLVD BATON ROUGE LA 70806 DATA SERVICES 908999 BATON ROUGE AREA CHAMBER 564 LAUREL STREET BATON ROUGE LA 70801 PROJECT MANGEMENT/CONSULTING 250000 2 1300448 34605 1335053 INCUBATOR FEES 900099 131052 131052 DATA CENTER SERVICES 518210 38348 38348 OTHER INCOME 900099 3866 3866 TECH PARK U INCOME 900099 1391 1391 174657 388970 388970 8 8 1315612 0 1315612 1315612 273526 1042086 7486838 6606452 880386 880386 880386 MISCELLANEOUS 532000 1151 1151 OTHER INCOME FROM PUBLICALLY TRAD 523000 -97415 -97415 -96264 3998422 449334 1042086 1171949 250000 250000 209699 92481 117218 125153 125153 85510 14528 70982 25133 16390 8743 57576 57576 26285 26285 30000 30000 167010 167010 12307 12307 64154 64154 44214 43399 815 27446 27446 351098 332675 18423 13838 13838 82729 82729 17265 17265 UBI INCOME TAX LIABILIT 210720 210720 DATA CENTER SERVICES 906050 906050 JANITORIAL & MAINTENANC 53066 53066 BAD DEBT 25000 25000 22597 17167 5430 2806850 2081341 725509 0 493617 347946 728739 828256 9302 41923 1151645 873096 301387 278549 14133651 15044273 3013141 3116849 18679837 19657796 137765 146316 0 4000 13076 414668 150841 564984 X 18227609 19092812 301387 0 18528996 19092812 18679837 19657796 X 1191572 397733 -1025488 X X 0 1 X 1 0 X 982896 1351052 1036996 1245601 1335053 5951598 982896 1351052 1036996 1245601 1335053 5951598 5951598 338060 1032967 636551 250772 291563 2549913 426839 -34168 514257 829820 1042086 2778834 11280345 2015386 0.52760 0.76140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 30000 30000 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: RESEARCH PARK CORPORATION PAYS $2,500 PER MONTH TO A CONSULTING FIRM TO LOBBY ON ITS BEHALF WITH STATE AND CITY OFFICIALS REGARDING ISSUES GERMAINE TO THE ORGANIZATION'S EXEMPT PURPOSE. 326937 254656 72281 784537 596435 188102 40171 22005 18166 278549 INVESTMENT IN BON CARRE BUSINESS CENTER II, LLC 2555953 C INVESTMENT IN BCBC LAND, LLC 560896 C 3116849 OTHER LIABILITIES 14668 UBI INCOME TAX LIABILITY ACCRUAL 400000 414668 3387506 397733 397733 2989773 167010 841638 1008648 3998421 2823690 183850 183850 2639840 167010 167010 2806850 PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOK TO TAX DIFFERENCE OF PUBLICALLY TRADED PARTNERSHIP INCOME -166,368. BOOK TO TAX DIFFERENCE OF BON CARRE & BCBC LAND K-1 1,008,010. ROUNDING -4. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOK TO TAX DIFFERENCE OF UBI TAX LIABILITY 183,850. 1 BATON ROUGE AREA CHAMBER 564 LAUREL STREET BATON ROUGE LA 70801 720126959 501(C)(6) 250000 TO CULTIVATE THE ENTREPRENEURIAL ENVIRONMENT IN LOUISIANA'S NINE-PARISH CAPITAL REGION. 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: AN EXECUTIVE FROM BATON ROUGE AREA CHAMBER (BRAC) PRESENTED AN UPDATE ON THE GRANT AT EACH OF RESEARCH PARK CORPORATION'S BOARD MEETINGS THROUGHOUT THE LIFE OF THE GRANT AND THE BOARD MEMBERS WERE GIVEN THE OPPORTUNITY TO ASK QUESTIONS. IN ADDITION, BRAC STAFF WAS IN FREQUENT COMMUNICATION WITH RESEARCH PARK CORPORATION'S STAFF AND BOARD MEMBERS BETWEEN ITS BOARD MEETINGS. X X X X 0 0 0 0 0 0 0 0 0 FREDERICK STEPHEN LOY 131693 0 0 0 0 0 9219 0 20058 0 160970 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 RESEARCH PARK CORPORATION (RPC) DIRECTOR WALTER MONSOUR IS A COMPENSATED MEMBER OF THE BOARD OF DIRECTORS OF PROVIDENT RESOURCES GROUP, FOR WHICH RPC DIRECTOR AND OFFICER, STEVE HICKS, SERVES AS CHAIRMAN, PRESIDENT, & CEO. J. TERRELL BROWN, CHAIRMAN OF RPC BOARD OF DIRECTORS, IS A MEMBER OF THE BOARD OF DIRECTORS OF PROVIDENT AFFORDABLE HOUSING RESOURCES, INC., A SUBSIDIARY/AFFILIATE OF PROVIDENT RESOURCES GROUP, INC., FOR WHICH RPC DIRECTOR & OFFICER STEVE HICKS SERVES AS CHAIRMAN, PRESIDENT, & CEO. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION PROVIDES AN ELECTRONIC COPY OF THE DRAFT FORM 990 TO EACH BOARD MEMBER. THERE IS A 10-DAY PERIOD FOR ANY COMMENTS OR CORRECTIONS THAT NEED TO BE MADE TO THE FORM 990. IF THERE ARE NO CORRECTIONS, FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION COLLECTS WRITTEN STATEMENTS FROM EACH DIRECTOR ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE AND THE BOARD OF DIRECTORS MAKES DECISIONS ON THE COMPENSATION OF THE EXECUTIVE DIRECTOR. RESEARCH IS CONDUCTED TO DETERMINE THE MANAGEMENT SALARIES OF SIMILAR ORGANIZATIONS IN THE REGION TO USE AS A BENCHMARK. THE BOARD USES THIS INFORMATION AND THE PAST PERFORMANCE OF THE EXECUTIVE DIRECTOR TO DETERMINE SALARY. THE APPROVAL OF COMPENSATION BY THE BOARD IS DOCUMENTED IN THE COMMITTEE AND BOARD MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES OF ALL GOVERNING DOCUMENTS, WRITTEN POLICIES, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: BOOK TO TAX DIFFERENCE OF FROM BON CARRE & BCBC LAND K-1S -1,008,010. ADJUSTMENT TO TIE BEGINNING OF YEAR NETS ASSETS ON RETURN TO AUDIT REPORT BOOK TO TAX DIFFERENCE FROM PUBLICALLY TRADED PARTNERSHIP INCOME 166,368. ROUDING 4. BOOK TO TAX DIFFERENCE FOR UBI TAX LIABILITY -183,850. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. LOUISIANA TECHNOLOGY PARK LLC 7117 FLORIDA BLVD BATON ROUGE LA 70806 710843801 ACT AS THE TECHNOLOGY BUSINESS INCUBATOR FOR THE DEVELOPMENT STAGE COMPANIES LA 269058 431078 RESEARCH PARK CORPORATION BON CARRE BUSINESS CENTER II LLC 402 N 4TH STREET BATON ROUGE LA 70802 208656905 OPERATION OF BON CARRE BUSINESS CENTER LA N/A UNRELATED 1259461 13331526 0 0 0.25240 BCBC LAND LLC 402 N 4TH STREET BATON ROUGE LA 70802 200507876 OWNERSHIP OF LAND AT BON CARRE BUSINESS CENTER LA N/A UNRELATED 662 955302 0 0 0.25240 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0