SCIENCE AND TECHNOLOGY CAMPUS CORPORATION: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- SCIENCE AND TECHNOLOGY CAMPUS CORPORATION (EIN 31-1458153)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-13
- IRS object ID
- 201131339349300723
- Schema version
- 2009v1.7
- 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 | 2011-05-13T08:26:59-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DALE SAYLOR & ASSOCIATES CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5640 FRANTZ ROAD | AddressLine1 |
| City | DUBLIN | City |
| State | OH | State |
| ZIP Code | 43017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311458153 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCIENCE AND TECHNOLOGY CAMPUS CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SCIE | NameControl |
| Phone | 6146754100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1275 KINNEAR ROAD | AddressLine1 |
| City | COLUMBUS | City |
| State | OH | State |
| ZIP Code | 43212 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL SUHOVECKY | Name |
| Title | TREASURER | Title |
| Phone | 6146754100 | Phone |
| Date Signed | 2011-05-12 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DALE SAYLOR ASSOCIATES CPA | Name |
| Phone | 6147664224 | Phone |
| Date Prepared | 2011-05-12 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DOUG ASCHENBACH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1275 KINNEAR ROAD | AddressLine1 |
| City | COLUMBUS | City |
| State | OH | State |
| ZIP Code | 43212 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4993418 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.STCC.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1996 | YearFormation |
| State Legal Domicile | OH | StateLegalDomicile |
| Activity Or Mission Description | THE CORPORATION IS FORMED AND ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF ADVANCING, ENCOURAGING AND PROMOTING THE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIL DEVELOPMENT OF AN AREA TO (CONTINUED ON SCHEDULE O) SERVE AS A RESEARCH PARK FOR THE COMMON BENEFIT AND GENERAL WELFARE OF THE OHIO STATE UNIVERSITY, THE STATE OF OHIO, FRANKLIN COUNTY, OHIO, THE CITY OF COLUMBUS, OHIO AND THEIR RESPECTIVE COMMUNITIES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 5 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 522685 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1560492 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3397860 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3393815 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1324 | InvestmentIncomePriorYear |
| Investment Income Current Year | 39111 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3921869 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4993418 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 12812 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4180011 | OtherExpensePriorYear |
| Other Expenses Current Year | 3856269 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4192823 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3856269 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -270954 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1137149 | RevenuesLessExpensesCY |
| Total Assets BOY | 32983081 | TotalAssetsBOY |
| Total Assets EOY | 35304015 | TotalAssetsEOY |
| Total Liabilities BOY | 25484686 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 26668471 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 7498395 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 8635544 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE CORPORATION IS FORMED AND ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF ADVANCING, ENCOURAGING AND PROMOTING THE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIL DEVELOPMENT OF AN AREA TO (CONTINUED ON SCHEDULE O) SERVE AS A RESEARCH PARK FOR THE COMMON BENEFIT AND GENERAL WELFARE OF THE OHIO STATE UNIVERSITY, THE STATE OF OHIO, FRANKLIN COUNTY, OHIO, THE CITY OF COLUMBUS, OHIO AND THEIR RESPECTIVE COMMUNITIES. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 3643817 | Expense |
| Description | SCIENCE AND TECHNOLOGY CAMPUS CORP (SCITECH) IS A NOT-FOR-PROFIT CORPORATION AFFILIATED WITH THE OHIO STATE UNIVERSITY (OSU). SCITECH IS THE SOLE DEVELOPER OF THE 53 ACRE INNOVATION PARK ON THE CAMPUS OF OSU FOR THE PURPOSE OF CONSTRUCTING AN ENHANCED SCIENCE AND TECHNOLOGY CAMPUS AT OSU. IT PROVIDES SPACE FOR TECHNOLOGY RELATED ENTERPRISES AND RESEARCH AND DEVELOPMENT ENTITIES. SCITECH ALSO PROVIDES FACILITIES FOR COMMERCIAL ENTERPRISES AND RESEARCH AND DEVELOPMENT INSTITUTES THAT CAN BENEFIT FROM THE RESOURCES AVAILABLE IN THE UNIVERSITY COMMUNITY. ADDITIONALLY, SCITECH HELPS FACULTY MEMBERS TAKE UNIVERSITY RESEARCH TO COMMERCIALIZATION VIA START-UP COMPANIES, THUS ENCOURAGING ENTREPENEURSHIP IN HIGH TECHNOLOGY IN COLUMBUS, OHIO. | Description |
| Total Program Service Expense | 3643817 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | true | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 10 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 5 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | false | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | true | InvestmentInJointVenture |
| Written Policy Or Procedure | true | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | OH | StatesWhereCopyOfReturnIsFiled |
| 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 | BEANSTALK CFO GROUP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6142211077 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 W SPRING ST | AddressLine1 |
| City | COLUMBUS | City |
| State | OH | State |
| ZIP Code | 43215 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (12 entries)
| TitleTitle | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer |
|---|---|---|---|---|---|---|
| CAROLINE WHITACRE | ||||||
| CHAIR | X | 0 | 0 | 0 | ||
| BOBBY MOSER | ||||||
| BOARD MEMBER | X | 0 | 0 | 0 | ||
| TED CELESTE | ||||||
| BOARD MEMBER | X | 0 | 0 | 0 | ||
| WILLIAM WESTBROOK | ||||||
| BOARD MEMBER | X | 0 | 0 | 0 | ||
| GREGORY WASHINGTON | ||||||
| BOARD MEMBER | X | 0 | 0 | 0 | ||
| ANDREW GINTHER | ||||||
| BOARD MEMBER | X | 0 | 0 | 0 | ||
| JEAN SCHELHORN | ||||||
| BOARD MEMBER | X | 0 | 0 | 0 | ||
| ALEX FISCHER | ||||||
| BOARD MEMBER | X | 0 | 0 | 0 | ||
| BLAKE THOMPSON | ||||||
| BOARD MEMBER | X | 0 | 0 | 0 | ||
| MICHAEL SUHOVECKY | ||||||
| TREASURER | 89843 | 0 | 0 | 18.00 | X | |
| DOUGLAS ASCHENBACH | ||||||
| PRESIDENT | 0 | 0 | 0 | 8.00 | X | |
| CHRISTOPHER CULLEY | ||||||
| SECRETARY | 0 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 89843 | TotalReportableCompFromOrg |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MARYSVILLE STEEL INC | |||||
| 232 EAST 8TH STREET | MARYSVILLE | OH | 43040 | STEEL | 528233 |
| PERFORMANCE SITE COMPANY | |||||
| 2323 PERFORMANCE PARKWAY | COLUMBUS | OH | 43207 | CONSTRUCTION | 496309 |
| ADENA CORPORATION | |||||
| 1310 W FOURTH STREET | MANSFIELD | OH | 44906 | CONSTRUCTION | 416985 |
| BRAUN STEIDL ARCHITECTS | |||||
| 234 NORTH 5TH STREET | COLUMBUS | OH | 43215 | PRO. FEES | 291771 |
| ERAMO JOHN SONS INC | |||||
| 3670 LACON ROAD | HILLIARD | OH | 43026 | CONSTRUCTION | 286918 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 10 | NumberOfContractorsGT100K |
| Government Grants | 1260492 | GovernmentGrants |
| All Other Contributions | 300000 | AllOtherContributions |
| Total Contributions | 1560492 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| RENTAL INCOME | 3315791 | 3315791 |
| OTHER FEES | 78024 | 78024 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3393815 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 39111 | TotalRevenueColumn |
| Exclusion | $39,111 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4993418 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3393815 | RelatedOrExemptFunctionIncome |
| Exclusion | $39,111 | ExclusionAmount |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34255 | Total |
| Program Services | 25691 | ProgramServices |
| Management And General | 8564 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47786 | Total |
| Program Services | 9557 | ProgramServices |
| Management And General | 38229 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 346643 | Total |
| Program Services | 202719 | ProgramServices |
| Management And General | 143924 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9898 | Total |
| Program Services | 4949 | ProgramServices |
| Management And General | 4949 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1579218 | Total |
| Program Services | 1576080 | ProgramServices |
| Management And General | 3138 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1024 | Total |
| Program Services | 512 | ProgramServices |
| Management And General | 512 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 899136 | Total |
| Program Services | 899136 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1026412 | Total |
| Program Services | 1026412 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20788 | Total |
| Program Services | 10394 | ProgramServices |
| Management And General | 10394 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| TELECOMMUNICATIONS | 5284 | 2642 | 2642 |
| BAD DEBT EXPENSE | 2708 | 2708 | |
| BANK SERVICE CHARGES | 2400 | 2400 | |
| DUES & SUBSCRIPTIONS | 2194 | 2194 | |
| TAXES: STATE | 200 | 100 | 100 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -121677 | Total |
| Program Services | -121677 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3856269 | Total |
| Program Services | 3643817 | ProgramServices |
| Management And General | 212452 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 356976 | BOY |
| EOY | 508573 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 145885 | BOY |
| EOY | 151767 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36956 | BOY |
| EOY | 114779 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 550096 | BOY |
| EOY | 378313 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 41888920 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 8290310 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31271195 | BOY |
| EOY | 33598610 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 621973 | BOY |
| EOY | 551973 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32983081 | BOY |
| EOY | 35304015 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3074003 | BOY |
| EOY | 2408790 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22170862 | BOY |
| EOY | 24141537 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 239821 | BOY |
| EOY | 118144 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25484686 | BOY |
| EOY | 26668471 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7498395 | BOY |
| EOY | 8635544 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7498395 | BOY |
| EOY | 8635544 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32983081 | BOY |
| EOY | 35304015 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | false | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 463491 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 466463 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 432387 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 522685 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1560492 | CurrentTaxYear |
| Total | 3445518 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 463491 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 466463 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 432387 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 522685 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1560492 | CurrentTaxYear |
| Total | 3445518 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 3445518 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5414 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5104 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3827 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1324 | CurrentTaxYearMinus1Year |
| Current Tax Year | 39111 | CurrentTaxYear |
| Total | 54780 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 3500298 | TotalSupport |
| Gross Receipts From Admissions Etc | 16202515 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.98430 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.99190 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 25804534 | InvestmentCostOrOtherBasis |
| Depreciation | 4329474 | Depreciation |
| Book Value | 21475060 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12370000 | OtherCostOrOtherBasis |
| Depreciation | 3718464 | Depreciation |
| Book Value | 8651536 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 243071 | InvestmentCostOrOtherBasis |
| Depreciation | 242372 | Depreciation |
| Book Value | 699 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3471315 | OtherCostOrOtherBasis |
| Book Value | 3471315 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 33598610 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FAIR VALUE OF INTEREST RATE SWAP | Description |
| Amount | $118,144 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 118144 | TotalOfAmounts |
| Total Revenue | 4993418 | TotalRevenue |
| Total Expenses | 3856269 | TotalExpenses |
| Excess Or Deficit For Year | 1137149 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 1137149 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 4993418 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 4993418 | RevenueSubtotal |
| Total Revenue Per Form990 | 4993418 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3856269 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 3856269 | ExpensesSubtotal |
| Total Expenses Per Form990 | 3856269 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL FINANCIAL INFORMATION | Identifier |
| Return Reference | SCHEDULE D, PAGE 4, PART XIV | ReturnReference |
| Explanation | THERE ARE NO RECONCILING ITEMS BETWEEN THE AUDITED FINANCIAL STATEMENTS AND THE FORM 990. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MICHAEL SUHOVECKY | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | TREASURER | Relationship |
| Amount Of Transaction | 89843 | AmountOfTransaction |
| Description Of Transaction | PROJECT DEV. FEES | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | THE CORPORATION IS FORMED AND ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF ADVANCING, ENCOURAGING AND PROMOTING THE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIL DEVELOPMENT OF AN AREA TO (CONTINUED ON SCHEDULE O) SERVE AS A RESEARCH PARK FOR THE COMMON BENEFIT AND GENERAL WELFARE OF THE OHIO STATE UNIVERSITY, THE STATE OF OHIO, FRANKLIN COUNTY, OHIO, THE CITY OF COLUMBUS, OHIO AND THEIR RESPECTIVE COMMUNITIES. |
| RELATED PARTY INFORMATION AMONG OFFICERS | FORM 990, PAGE 6, PART VI, LINE 2 | MICHAEL SUHOVECKY WILLIAM WESTBROOK TREASURER BOARD MEMBER PARTNERS -BRIER HILL ASSOC LLC |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | THE PRESIDENT OF THE OHIO STATE UNIVERSITY HAS THE POWER TO APPOINT FOUR MEMBERS TO SIT ON THE CORPORATION'S BOARD, AND THOSE FOUR MEMBERS MAY BE REMOVED AT ANY TIME BY THE PRESIDENT OF THE OHIO STATE UNIVERSITY. THE THEN CURRENT BOARD MEMBERS ELECT FIVE ADDITIONAL MEMBERS TO SIT ON THE BOARD FOR ROTATING FIVE YEAR TERMS. |
| DOCUMENTATION BY COMMITTEE | FORM 990, PAGE 6, PART VI, LINE 8B | THERE IS NO WRITTEN DOCUMENTATION FOR COMMITTEE MEETINGS AS MINUTES ARE ONLY PREPARED FOR THE BOARD MEETINGS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11 | THE ORGANIZATION'S TREASURER REVIEWS (AND MEETS WITH THE RETURN PREPARER, IF NECESSARY) THE FORM 990. AFTERWARDS, THE TREASURER PRESENTS THE 990 TO THE BOARD FOR REVIEW. AFTER ALL QUESTIONS/COMMENTS HAVE BEEN ADDRESSED FROM BOTH REVIEWS THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THE PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. UPON DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST, THE AFFECTED BOARD MEMBER SHALL EXCUSE HIMSELF FROM THE BOARD MEETING. AT THAT TIME THE REMAINING BOARD MEMBERS WILL DISCUSS THE POTENTIAL CONFLICT AND VOTE UPON WHETHER A CONFLICT OF INTEREST DOES OR DOES NOT EXIST. IF A CONFLICT OF INTEREST IS FOUND TO EXIST, THE BOARD SHALL PURSUE ALTERNATIVES TO THE DISCLOSED TRANSACTION OR ARRANGEMENT. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD SHALL DETERMINE BY A MAJORITY VOTE, OF THE DISINTERESTED DIRECTORS, WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. AFTER MAKING THIS DETERMINATION THE BOARD SHALL DECIDE WHETHER OR NOT TO ENTER INTO THE TRANSACTION OR AGREEMENT. VIOLATIONS OF CONFLICTS OF INTEREST POLICY - IF THE BOARD HAS REASON TO BELIEVE THAT AN INTERESTED PARTY DID NOT DISCLOSE THEIR ACTUAL OR POSSIBLE CONFLICT OF INTEREST THE BOARD SHALL AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE EXPLANATION AND AFTER MAKING FURTHER INVESTIGATION, AS WARRANTED, THE BOARD DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST FROM THE ORGANIZATION. |