2026-04-27T15:36:44-05:00 2025-06-30 333303535 EFPR ADVISORY LLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2024-07-01 453533828 BIOBAT INC BIOB 3477991477 450 CLARKSON AVENUE BROOKLYN NY 11203 A JEFFREY ROSEN TREASURER 3477991477 2026-04-13 1 0 DAVID A URBAN CPA P00630018 7166340700 2026-04-13 2024 2025-03-06 01:10:19Z A JEFFREY ROSEN 450 CLARKSON AVENUE BROOKLYN NY 11203 1982133 0 X WWW.BIOBAT.NYC X 2010 NY DEVELOP SPACE FOR NEW & GROWING BIOPHARM TECH COMPANIES TO CREATE A 21ST CENTURY WORKING WATERFRONT. 10 10 0 10 0 0 0 0 2764009 1973906 0 0 728109 8227 3492118 1982133 0 0 0 0 317312 316107 0 0 0 3956112 2974204 4273424 3290311 -781306 -1308178 26153116 24486871 420058 133345 25733058 24353526 X BIOBAT, A JOINT PARTNERSHIP, CREATED BY THE RESEARCH FOUNDATION FOR SUNY, ON BEHALF OF DOWNSTATE HEALTH SCIENCES UNIVERSITY, AND THE NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION, PROVIDES:- SOPHISTICATED RESEARCH, OFFICE AND MANUFACTURING SPACE FOR LOCAL, NATIONAL AND INTERNATIONAL BIOTECHNOLOGY AND RELATED COMPANIES- THE OPPORTUNITY TO WORK WITH SUNY DOWNSTATE SCIENTISTS / CLINICIANS / STUDENTS TO ADVANCE THEIR DISCOVERIES AND PERFORM CLINICAL TRIALS- EDUCATIONAL, ENTREPRENEURIAL AND JOB TRAINING OPPORTUNITIES- AN ECONOMIC ENGINE TO CREATE JOBS, ADVANCE KNOWLEDGE AND BRING MEDICAL TREATMENTS AND NEW TECHNOLOGIES TO THE MARKETPLACE. 0 0 2812497 1973906 BIOBAT HOLDS A LEASE INTEREST IN A PORTION OF THE BROOKLYN ARMY TERMINAL AND IS COMMITTED TO CREATING A 21ST CENTURY WORKING WATERFRONT. THUS FAR GOVERNMENT FUNDING HAS ALLOWED BIOBAT TO ACQUIRE, MAINTAIN AND DEVELOP THIS LEASEHOLD INTEREST, AS WELL AS DEVELOP SPACE FOR INNOVATIVE COMPANIES TO APPLY FOR OCCUPANCY AND ENTER INTO LEASES FOR SPACE. BY PROVIDING THESE FACILITIES AND RELATED SUPPORT FOR THE APPLICATION, EXPANSION AND COMMERCIALIZATION OF BIOTECHNOLOGY, LIFE SCIENCES, AND HARD SCIENCES RESEARCH AT THE BROOKLYN ARMY TERMINAL, BIOBAT FULFILLS ITS MISSION. THE DEVELOPMENT OF THE SPACE AT BIOBAT IS BEING DONE IN PHASES. 2812497 1 0 0 0 0 0 0 1 0 0 1 0 0 1 1 1 1 0 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 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X JOE SYMOUN 3477991477 140 58TH ST BLDG A BOX 194 BROOKLYN BROOKLYN NY 11220 CHRISTINE PAGLIALUNGA CHAIR 1.00 X X 0 0 0 DR WAYNE RILEY MD VICE CHAIR 1.00 X X 0 0 0 JOSHUA GONZALEZ SECRETARY 1.00 X X 0 0 0 MATTTHEW MROZ DIRECTOR 1.00 X 0 0 0 DAVID CHRISTINI PHD DIRECTOR 1.00 X 0 0 0 HAZEL BALABAN DIRECTOR 1.00 X 0 0 0 JAMES GIBALDI DIRECTOR 1.00 X 0 0 0 JOAN BARTOLOMEO DIRECTOR 1.00 X 0 0 0 CHRISTINA DEROSE DIRECTOR 1.00 X 0 0 0 PREM PREMSRIRUT MD PHD DIRECTOR 1.00 X 0 0 0 A JEFFREY ROSEN TREASURER 1.00 X 0 0 0 THOMAS HALL EXECUTIVE DIRECTOR 40.00 X 224161 0 16258 224161 0 16258 0 0 1 1 PENGUIN MAINTENANCE AND SERVICE CORP 5 PENN PLAZA NEW YORK NY 10001 HVAC SERVICE/MAINTENANCE 516909 1 RENTAL INCOME 532000 1518571 1518571 REIMBURSED EXPENSES 532000 455335 455335 1973906 MISCELLANEOUS 900099 8227 8227 8227 1982133 1973906 0 8227 316107 284496 31611 45352 45352 58344 58344 80000 80000 113050 113050 1950 1950 578 578 6538 6538 542001 487801 54200 8418 8418 17256 17256 690820 690820 148291 148291 REPAIRS & MAINTENANCE 678507 610656 67851 COMMON AREA MAINTENANCE 486996 486996 ART SPACE 59753 59753 BAD DEBT 27406 27406 8944 8944 3290311 2812497 477814 0 3959238 3028822 551799 80379 118118 116171 26547197 6628584 20607486 19918613 916475 1342886 26153116 24486871 364490 77777 55568 55568 420058 133345 X 25733058 24353526 25733058 24353526 26153116 24486871 -1308178 -71354 0 X X 0 1 X 1 0 X 975610 300000 102250 1377860 2863220 2814057 3114237 3480436 1973906 14245856 3838830 3114057 3216487 3480436 1973906 15623716 0 0 0 15623716 2334 11387 124028 11682 8227 157658 3841164 3125444 3340515 3492118 1982133 15781374 0.99000 0.98930 0.00000 0.00000 X X 0 26134736 6257046 19877690 358413 329279 29134 54048 42259 11789 19918613 DEPOSITS 55568 DUE FROM NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 1079017 FUNDS HELD BY OTHERS 186606 UTILITY DEPOSITS 21695 1342886 TENANT SECURITY DEPOSITS 55568 55568 X 6746133 4764000 4764000 1982133 0 1982133 8054311 4764000 4764000 3290311 0 3290311 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE CORPORATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE CORPORATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE CORPORATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. X 0 0 0 0 0 0 0 0 0 THOMAS HALL EXECUTIVE DIRECTOR 224161 0 0 0 0 0 0 0 16258 0 240419 0 0 0 FORM 990, PART VII, LINE 5 - COMPENSATION FROM AN UNRELATED ORGANIZATION: THOMAS HALL, THE EXECUTIVE DIRECTOR IS COMPENSATED FROM THE RESEARCH FOUNDATION OF THE STATE UNIVERSITY OF NEW YORK. WAGES: $224,161 NON-TAXABLE BENEFITS: $16,258 FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL CONSIST OF TWO (2) MEMBERS: THE RESEARCH FOUNDATION OF STATE UNIVERSITY OF NEW YORK, FOR THE BENEFIT OF SUNY DOWNSTATE MEDICAL CENTER, ("RESEARCH FOUNDATION") AND NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION ("EDC"). WHILE THE RESEARCH FOUNDATION SHALL ACT FOR THE BENEFIT OF SUNY DOWNSTATE MEDICAL CENTER, THE RESEARCH FOUNDATION SHALL MAINTAIN THE MEMBERSHIP POWERS AND INTEREST, ALONG WITH NYCEDC. EACH MEMBER SHALL REMAIN A MEMBER UNTIL THE MEMBERSHIP TERMINATES BY RESIGNATION OR DISSOLUTION OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A IN ACCORDANCE WITH THE BYLAWS OF THE ORGANIZATION, THE BOARD OF DIRECTORS SHALL BE APPOINTED BY THE CORPORATE MEMBERS. FOUR OF THE DIRECTORS SHALL BE NAMED BY THE RESEARCH FOUNDATION OF THE STATE UNIVERSITY OF NEW YORK, FOUR SHALL BE NAMED BY THE NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION AND TWO SHALL BE ELECTED JOINTLY BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS MADE AVAILABLE TO THE BOARD AND 990 IS REVIEWED BY THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; (C) HAS AGREED TO COMPLY WITH THE POLICY; AND (D) UNDERSTANDS THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED BY THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR IS COMPENSATED FROM THE RESEARCH FOUNDATION OF THE STATE UNIVERSITY OF NEW YORK WHICH IS APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII LINE 2C: NO CHANGE IN AUDIT OVERSIGHT OR SELECTION IN THE CURRENT YEAR.