RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA (EIN 56-0853674)
- Tax period
- 2010-10-01 to 2011-09-30
- Filed
- 2012-05-14
- IRS object ID
- 201201359349303145
- Schema version
- 2010v3.4
- 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 | 2012-05-14T13:29:11-05:00 | Timestamp |
| Tax Period End Date | 2011-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 EDWARDS MILL ROAD SUITE 300 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 276073625 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560853674 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESEARCH TRIANGLE FOUNDATION OF NC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | RESE | NameControl |
| Phone | 9195498181 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 12255 | AddressLine1 |
| City | RESEARCH TRIANGLE PARK | City |
| State | NC | State |
| ZIP Code | 27709 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LINDA HALL | Name |
| Title | CFO | Title |
| Phone | 9195498181 | Phone |
| Date Signed | 2012-05-04 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHERYL RHEW | Name |
| Phone | 9197811055 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LINDA HALL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 12255 | AddressLine1 |
| City | RESEARCH TRIANGLE PARK | City |
| State | NC | State |
| ZIP Code | 27709 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 8732352 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.RTP.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1956 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | PRIMARILY ENGAGED IN THE PROMOTION AND ENCOURAGEMENT OF RESEARCH OR SCIENTIFIC LABORATORIES AND OTHER RELATED FACILITIES IN RESEARCH TRIANGLE PARK. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 27 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1736803 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2328633 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1007327 | OtherRevenuePriorYear |
| Other Revenue Current Year | 912307 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2744130 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3240940 | 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 | 1977412 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1793014 | 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 | 4148730 | OtherExpensePriorYear |
| Other Expenses Current Year | 4840506 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6126142 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6633520 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3382012 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -3392580 | RevenuesLessExpensesCY |
| Total Assets BOY | 79789177 | TotalAssetsBOY |
| Total Assets EOY | 77805474 | TotalAssetsEOY |
| Total Liabilities BOY | 3673610 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3877155 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 76115567 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 73928319 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA (THE "FOUNDATION") IS PRIMARILY ENGAGED IN THE PROMOTION AND ENCOURAGEMENT OF RESEARCH OR SCIENTIFIC LABORATORIES AND OTHER RELATED FACILITIES IN RESEARCH TRIANGLE PARK. IN CONDUCTING THESE ACTIVITIES, THE FOUNDATION PERIODICALLY ADVANCES FUNDS TO THE NORTH CAROLINA DEPARTMENT OF TRANSPORTATION TO BE REIMBURSED IN FUTURE PERIODS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1908950 | Expense |
| Description | MAINTAINING CONDITION OF RTP ASSETS TO ENHANCE REPUTATION TO PROMOTE AND FOSTER RESEARCH FACILITIES IN RESEARCH TRIANGLE PARK. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | GRANTS PROVIDED THROUGH TRIANGLE UNIVERSITIES CENTER FOR ADVANCED STUDIES, INC. TO PROMOTE AND FOSTER RESEARCH FACILITIES IN RESEARCH TRIANGLE PARK. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 1908950 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| 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 | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 13 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 27 | 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 |
| Form8899 Filed | 0 | Form8899Filed |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | 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 | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| 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 | LINDA HALL CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9195498181 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 12255 | AddressLine1 |
| City | RESEARCH TRIANGLE PARK | City |
| State | NC | State |
| ZIP Code | 27709 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | FormerFormer |
|---|---|---|---|---|---|---|---|
| SMEDES YORK | |||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | |
| ROBERT A INGRAM | |||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| J WALTER MCDOWELL III | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| L RICHARDSON PREYER JR | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| BRUCE SARGENT | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| H HOLDEN THORP | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| TALLMAN TRASK III | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DAVID L WARD JR | |||||||
| CHAIRMAN OF THE BOARD | 1.00 | X | X | 0 | 0 | 0 | |
| WILLIAM RANDOLPH WOODSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| D JORDAN WHICHARD III | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| BOB WINSTON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| PHAIL WYNN JR | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD DAUGHERTY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JEFFREY R DAVIES | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| GEORGE WATTS CARR III | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| VIRGINIA RAND BOWMAN | |||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| RICHARD H BRODHEAD | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS W ROSS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RICK L WEDDLE | |||||||
| PRESIDENT | 40.00 | X | 354328 | 0 | 56865 | ||
| ELIZABETH H ROOKS | |||||||
| VICE PRESIDENT | 40.00 | X | 180389 | 0 | 40747 | ||
| MARIA C VALDENCANAS | |||||||
| VICE PRESIDENT | 40.00 | X | 131120 | 0 | 28902 | ||
| LINDA K HALL | |||||||
| TREASURER | 40.00 | X | 123093 | 0 | 14008 | ||
| JAMES ROBERSON | |||||||
| FORMER PRESIDENT & CEO | 0.00 | 103213 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 892143 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 140522 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | 1 | 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 |
|---|---|---|---|---|---|
| NC DEPARTMENT OF TRANSPORTATION | |||||
| 815 STADIUM DRIVE | DURHAM | NC | 27704 | ROAD CONSTRUCTION | 1383406 |
| CC MANGUM INC | |||||
| PO BOX 31768 | RALEIGH | NC | 27622 | ROAD CONSTRUCTION | 1156993 |
| FRED SMITH COMPANY | |||||
| PO BOX 31768 | RALEIGH | NC | 27622 | ROAD CONSTRUCTION | 871335 |
| POBLOCKI SIGN COMPANY LLC | |||||
| 201 KITTY HAWK DRIVE SUITE 100 | MORRISVILLE | NC | 27560 | SIGN CONSTRUCTION AND INSTALLATION | 639511 |
| WAKEFIELD NURSERY & LANDSCAPING | |||||
| 9232 DUKES LAKES ROAD | ZEBULON | NC | 27597 | LANDSCAPING | 419183 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1635289 | TotalRevenueColumn |
| Exclusion | $1,635,289 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5556656 | Securities |
| Other | 628100 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5443558 | Securities |
| Other | 47854 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 113098 | Securities |
| Other | 580246 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 693344 | TotalRevenueColumn |
| Related Or Exempt Function Income | 580246 | RelatedOrExemptFunctionIncome |
| Exclusion | $113,098 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MANAGEMENT FEE | 900001 | 806358 | 806358 |
| INCR IN SUBSID EQU | 900001 | 38619 | 38619 |
| CONFERENCE INCOME | 900001 | 34415 | 34415 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 32915 | TotalRevenueColumn |
| Related Or Exempt Function Income | 32915 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 912307 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3240940 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1492553 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,748,387 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 641365 | Total |
| Management And General | 641365 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 760254 | Total |
| Management And General | 760254 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 123611 | Total |
| Management And General | 123611 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 166033 | Total |
| Management And General | 166033 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101751 | Total |
| Management And General | 101751 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52780 | Total |
| Management And General | 52780 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27760 | Total |
| Management And General | 27760 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110901 | Total |
| Management And General | 110901 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11418 | Total |
| Management And General | 11418 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141297 | Total |
| Management And General | 141297 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37288 | Total |
| Management And General | 37288 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9100 | Total |
| Management And General | 9100 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44980 | Total |
| Management And General | 44980 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87169 | Total |
| Management And General | 87169 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 718297 | Total |
| Management And General | 718297 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 467409 | Total |
| Management And General | 467409 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37090 | Total |
| Management And General | 37090 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| ROAD CONSTRUCTION | 1855343 | 1855343 | |
| PROPERTY TAXES | 478619 | 478619 | |
| PUBLIC RELATIONS | 155148 | 155148 | |
| EQUIPMENT RENTAL & MAIN | 129592 | 129592 | |
| UTILITIES | 69378 | 69378 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 406937 | Total |
| Program Services | 53607 | ProgramServices |
| Management And General | 353330 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6633520 | Total |
| Program Services | 1908950 | ProgramServices |
| Management And General | 4724570 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1607138 | BOY |
| EOY | 181305 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 209361 | BOY |
| EOY | 366473 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 891224 | BOY |
| EOY | 119992 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 30913396 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2047418 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28331994 | BOY |
| EOY | 28865978 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4674149 | BOY |
| EOY | 3794325 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44075311 | BOY |
| EOY | 44477401 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79789177 | BOY |
| EOY | 77805474 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2732983 | BOY |
| EOY | 2990156 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 940627 | BOY |
| EOY | 886999 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3673610 | BOY |
| EOY | 3877155 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76115567 | BOY |
| EOY | 73928319 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76115567 | BOY |
| EOY | 73928319 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79789177 | BOY |
| EOY | 77805474 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -3392580 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1205332 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 9781233 | InvestmentCostOrOtherBasis |
| Book Value | 9781233 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 8384125 | InvestmentCostOrOtherBasis |
| Book Value | 8384125 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1048232 | InvestmentCostOrOtherBasis |
| Book Value | 1048232 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 11699806 | InvestmentCostOrOtherBasis |
| Depreciation | 2047418 | Depreciation |
| Book Value | 9652388 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 28865978 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INVESTMENT IN SUBSIDIARY | 3234995 | F |
| MUTUAL FUNDS | 29125492 | F |
| ALTERNATIVE INVESTMENTS | 11909441 | F |
| CASH AND EQUIVALENTS | 88267 | F |
| FIXED INCOME FUNDS | 119206 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 44477401 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED REVENUE | $23,430 |
| DUE TO RELATED PARTY | $863,569 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 886999 | TotalOfAmounts |
| Total Revenue | 3240940 | TotalRevenue |
| Total Expenses | 6633520 | TotalExpenses |
| Excess Or Deficit For Year | -3392580 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1205332 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 1205332 | TotalAdjustments |
| Excess Or Deficit Per FS | -2187248 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 4445247 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1205332 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 1205332 | RevenueNotRptdF990 |
| Revenue Subtotal | 3239915 | RevenueSubtotal |
| Other Revenues Not Included | 1025 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 1025 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 3240940 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6632495 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | -1025 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -1025 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6633520 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6633520 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | GAIN FROM SALE OF FIXED ASSETS 1,025. |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | GAIN ON SALE OF FIXED ASSETS -1,025. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | 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 (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICK L WEDDLE | |||||||||||||
| 295026 | 0 | 44302 | 0 | 15000 | 0 | 35433 | 0 | 21432 | 0 | 411193 | 0 | 0 | 0 |
| ELIZABETH H ROOKS | |||||||||||||
| 155433 | 0 | 24956 | 0 | 0 | 0 | 18039 | 0 | 22708 | 0 | 221136 | 0 | 0 | 0 |
| MARIA C VALDENCANAS | |||||||||||||
| 112239 | 0 | 18881 | 0 | 0 | 0 | 13112 | 0 | 15790 | 0 | 160022 | 0 | 0 | 0 |
| JAMES ROBERSON | |||||||||||||
| 103213 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 103213 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE CFO AND AUDIT COMMITTEE REVIEW THE DRAFT FORM 990 PRIOR TO SUBMISSION TO THE IRS. | |
| CONFLICT OF INTEREST POLICY IS ENFORCED BY EACH DIRECTOR COMPLETING QUESTIONNAIRE ANNUALLY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE HR COMMITTEE USES THE COMPARABLE SALARY INFORMATION IN THE COMPENSATION REVIEW PROCESS. THE HR COMMITTEE'S RECOMMENDATION IS SUBSEQUENTLY APPROVED BY THE FULL BOARD. | FORM 990, PART VI, SECTION B, LINE 15 | |
| FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 1,205,332. | FORM 990, PART XI, LINE 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRIANGLE UNIVERSITIES CENTER FOR ADVANCE STUDIES INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 12074 | AddressLine1 |
| City | RTP | City |
| State | NC | State |
| ZIP Code | 27709 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510175686 | EIN |
| Primary Activities | TO ASSIST IN THE PLANNING AND EXECUTION OF RESEARCH AND EDUCATIONAL PROGRAMS | PrimaryActivities |
| Legal Domicile State | NC | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 11D, III-O | PublicCharityStatus |
| Controlled Org | 0 | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRIANGLE SERVICE CENTER INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 12255 | AddressLine1 |
| City | RTP | City |
| State | NC | State |
| ZIP Code | 27709 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560854810 | EIN |
| Primary Activity | REAL ESTATE LEASING | PrimaryActivity |
| Legal Domicile State | NC | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 2000000 | ShareOfTotalIncome |
| Share Of EOY Assets | 4700000 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Comments