2024-02-02T17:22:42-06:00 2023-06-30 860683059 BEACHFLEISCHMAN PLLC 1985 E RIVER ROAD SUITE 201 TUCSON AZ 85718 990 2022-07-01 860779656 CAMPUS RESEARCH CORPORATION CAMP 5203822480 9070 SOUTH RITA ROAD 1750 TUCSON AZ 857476112 KENNETH M MARCUS EVP & CFO 5203822480 2024-02-02 1 KENNETH MARCUS 999009999 1 KELLY L MELTZER CPA P00633511 5203214600 2024-02-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CAROL STEWART 9070 SOUTH RITA ROAD 1750 TUCSON AZ 857476112 13239100 0 X N/A X 1994 AZ ASSIST THE ARIZONA BOARD OF REGENTS FOR AND ON BEHALF OF THE UNIVERSITY OF ARIZONA. 8 4 28 7 0 0 200003 249205 14438237 12889700 5077 55105 63438 34690 14706755 13228700 0 0 0 0 2237461 2288161 0 0 0 14395671 12496735 16633132 14784896 -1926377 -1556196 42821356 40924972 8233748 7921160 34587608 33003812 X CAMPUS RESEARCH CORPORATION OPERATES SOLELY TO ASSIST THE ARIZONA BOARD OF REGENTS, A BODY CORPORATE AND AN AGENCY OF THE STATE OF ARIZONA, TO ENHANCE AND FURTHER THE EDUCATIONAL AND RESEARCH MISSION OF THE UNIVERSITY OF ARIZONA. 0 0 12955700 12930670 CAMPUS RESEARCH CORPORATION WAS FORMED IN 1994 TO ASSIST THE ARIZONA BOARD OF REGENTS IN THE MARKETING, LEASING, DEVELOPMENT, IMPROVEMENT, AND OPERATION OF THE UNIVERSITY OF ARIZONA SCIENCE AND TECHNOLOGY PARK LOCATED IN THE TUCSON, ARIZONA METROPOLITAN AREA. IN ADDITION TO USING A PORTION OF THE PARK AS AN EDUCATIONAL FACILITY FOR STUDENTS AND FACULTY OF THE UNIVERSITY, THE CORPORATION LEASES PORTIONS TO PRIVATE INDUSTRY AND GOVERNMENTAL AGENCIES. THE PARK PROVIDES A CAMPUS WHERE INDUSTRY AND THE UNIVERSITY CAN PARTICIPATE IN ACTIVITIES THAT PROMOTE AND SUPPORT EDUCATION, RESEARCH AND ECONOMIC DEVELOPMENT OF THE REGION. THE PARK ALSO PROVIDES A MECHANISM TO PROMOTE THE DEVELOPMENT AND INTEGRATION OF TECHNOLOGICAL RESULTS FROM RESEARCH INTO PRIVATE CORPORATE PROGRAMS. THE TECH PARK SITS ON 1,267 ACRES IN SOUTHEAST TUCSON, ARIZONA. ALMOST 2 MILLION SQUARE FEET OF SPACE HAS BEEN DEVELOPED FEATURING HIGH TECH OFFICE, RESEARCH AND DEVELOPMENT AND LABORATORY FACILITIES ON 296 ACRES. THE TECH PARK ALSO DEVELOPED A SOLAR RESEARCH FACILITY WHICH IS ON APPROXIMATELY 223 ACRES. THE TECH PARK IS BEING FURTHER DEVELOPED WITH POTENTIAL PROJECTS THAT INCLUDE A HOTEL, CONFERENCE CENTER AND RETAIL AND RESIDENTIAL DEVELOPMENTS THAT WOULD SUPPORT THE OCCUPANTS OF THE TECH PARK. 337221 THE UA TECH PARK AT THE BRIDGES IS SITUATED ON 48 ACRES IN CENTRAL TUCSON, ARIZONA. IT'S PART OF A LARGER 350 ACRE MULTI-USE DEVELOPMENT. THE BRIDGES IS PLANNED TO HAVE A UNIVERSITY EDUCATIONAL FACILITY FOR STUDENTS AND FACULTY OF THE UNIVERSITY, THE CORPORATION LEASES PORTIONS TO PRIVATE INDUSTRY AND GOVERNMENTAL AGENCIES. THE PARK PROVIDES A CAMPUS WHERE INDUSTRY AND THE UNIVERSITY CAN PARTICIPATE IN ACTIVITIES THAT PROMOTE AND SUPPORT EDUCATION, RESEARCH AND ECONOMIC DEVELOPMENT OF THE REGION. 13292921 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 25 0 1 28 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 4 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BERNADETTE FRANCO 5203822481 9070 SOUTH RITA ROAD SUITE 3500 TUCSON AZ 85747 ELIZABETH BETSY CANTWELL DIRECTOR 1.00 40.00 X 0 435627 61624 RYAN GOODELL DIRECTOR 1.00 40.00 X 0 342945 35507 GARTH PERRY DIRECTOR 1.00 40.00 X 0 213864 48281 MARA ASPINALL DIRECTOR 1.00 X 0 0 0 JAN LESHER DIRECTOR 1.00 X 0 0 0 KARLA BERNAL MORALES DIRECTOR 1.00 X 0 0 0 RON SHOOPMAN DIRECTOR 1.00 X 0 0 0 MARY JACOBS CHAIRWOMAN 1.00 X X 0 0 0 KENNETH MARCUS EVP & CFO 40.00 X 188930 0 17720 CAROL STEWART PRESIDENT 40.00 X 0 341062 33632 THOMAS MCGOVERN TREASURER 1.00 X 0 0 0 PATRICK PAT GRIFFIN SECRETARY & GENERAL COUNSEL 1.00 X 0 0 0 PATRICK MURPHY VP CONSTRUCTION/FACILITIES 40.00 X 168656 0 37303 ERIC SMITH EXECUTIVE DIRECTOR 40.00 X 144192 0 36149 BERNADETTE FRANCO DIRECTOR OF FINANCE & HUMAN RESOURCES 40.00 X 119968 0 14989 CRAIG KLEINE DIRECTOR OF TECHNOLOGY 40.00 X 111805 0 34953 PETER LOYA DIRECTOR OF COMMUNITY & GOVERNMENT RELATIONS 40.00 X 101471 0 13902 835022 1333498 334060 6 0 1 0 JACOBS PO BOX 5018713 ST LOUIS MO 63150 FACILITIES/CONSTRUCTION 3299085 UASTP 9018 S RITA ROAD TUCSON AZ 85747 COMMON SERVICES 3168161 SUN MECHANICAL CONTRACTING INC 3951 E COLUMBIA TUCSON AZ 85714 CONSTRUCTION 1807056 BARKER CONTRACTING INC 2127 E SPEEDWAY BOULEVARD SUITE 1 TUCSON AZ 85719 CONSTRUCTION 793546 LLOYD CONSTRUCTION PO BOX 30190 TUCSON AZ 85751 CONSTRUCTION 758150 13 23380 9000 216825 249205 RENTAL INCOME 531120 12598767 12598767 SERVICES 900099 290933 290933 12889700 55105 55105 4120 23380 10400 -6280 -6280 OTHER REVENUES 900099 40970 40970 40970 13228700 12930670 0 48825 210620 139262 71358 1762143 1165129 597014 41500 27440 14060 175226 115859 59367 98672 65242 33430 59738 56751 2987 33000 33000 254182 215538 38644 102924 102924 124829 31548 93281 62851 59708 3143 467426 444055 23371 129213 64607 64606 469869 375895 93974 105339 105339 4016513 3863484 153029 130723 65361 65362 PROJECT OPERATING 3633150 3633150 REPAIRS AND MAINTENANCE 2906978 2761629 145349 14784896 13292921 1491975 0 4230645 3725091 3767614 2811737 876506 1435635 48422 45112 60225841 30063796 31529082 30162045 10000 10000 2359087 2735352 42821356 40924972 2975730 2347664 1722457 2237452 3463747 3006854 71814 329190 8233748 7921160 X 34587608 33003812 34587608 33003812 42821356 40924972 X -1556196 -27600 X 0 1 X 1 0 X X 2 AZ BOARD OF REGENTS 866004791 6 1 14784896 0 UNIVERSITY OF ARIZONA 742652689 6 1 0 0 2 14784896 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X SCHEDULE A, PART IV, SECTION A, LINE 2 CAMPUS RESEARCH CORPORATION SUPPORTS THE ARIZONA BOARD OF REGENTS AND THE UNIVERSITY OF ARIZONA. THE ARIZONA BOARD OF REGENTS IS THE GOVERNING BODY OF ARIZONA'S PUBLIC UNIVERSITY SYSTEM. THE UNIVERSITY OF ARIZONA IS A STATE UNIVERSITY. BOTH SUPPORTED ORGANIZATIONS ARE GOVERNMENTAL UNITS AND THEREFORE ARE ORGANIZATIONS DESCRIBED UNDER SECTION 509(A)(1) AS ORGANIZATIONS DESCRIBED IN SECTION 170(B)(1)(A)(V). SCHEDULE A, PART IV, SECTION D, LINE 3 THERE ARE EITHER 9, 11 OR 13 MEMBERS OF THE BOARD OF DIRECTORS OF CAMPUS RESEARCH CORPORATION. 1 MEMBER IS APPOINTED BY THE CHAIR OF ABOR, AND EITHER 3, 4 OR 5 MEMBERS ARE APPOINTED BY THE PRESIDENT OF U OF A, DEPENDING ON IF THE TOTAL NUMBER OF MEMBERS IS 9, 11 OR 13. THEREFORE, ABOR AND U OF A HAVE SIGNIFICANT VOICES ON THE BOARD. THE BOARD OF DIRECTORS APPROVES THE INVESTMENT POLICY, CAPITAL PLAN AND OPERATING BUDGET, AND IS PROVIDED BUDGET-TO-ACTUAL REPORTS MONTHLY. SCHEDULE A, PART IV, SECTION E, LINE 1C CAMPUS RESEARCH CORPORATION WAS FORMED IN 1994 TO ASSIST THE ARIZONA BOARD OF REGENTS IN THE MARKETING, LEASING, DEVELOPMENT, IMPROVEMENT, AND OPERATION OF PORTIONS OF THE UNIVERSITY OF ARIZONA SCIENCE AND TECHNOLOGY PARK LOCATED IN THE TUCSON, ARIZONA METROPOLITAN AREA. IN ADDITION TO USING A PORTION OF THE PARK AS AN EDUCATIONAL FACILITY FOR STUDENTS AND FACULTY OF THE UNIVERSITY, THE CORPORATION LEASES PORTIONS TO PRIVATE INDUSTRY AND GOVERNMENTAL AGENCIES. THE PARK PROVIDES A CAMPUS WHERE INDUSTRY AND THE UNIVERSITY CAN PARTICIPATE IN ACTIVITIES THAT PROMOTE AND SUPPORT EDUCATION, RESEARCH AND ECONOMIC DEVELOPMENT OF THE REGION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 54312384 26274662 28037722 2175968 1875421 300547 3737489 1913713 1823776 30162045 INTANGIBLE ASSETS, NET 1333156 PROTECTED WATER FACILITY RIGHTS, NET 1213820 OPERATING LEASE ASSET 188376 2735352 SECURITY DEPOSITS 71814 OPERATING LEASE LIABILITY 257376 329190 X 13239100 0 13239100 -10400 -10400 13228700 14822896 38000 38000 14784896 0 14784896 PART X, LINE 2: FINANCIAL STATEMENTS ASC 740 FOOTNOTE: CRC IS EXEMPT FROM INCOME TAXES UNDER BOTH FEDERAL (INTERNAL REVENUE CODE SECTION 501(C)(3)) AND ARIZONA INCOME TAX LAWS, AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION UNDER IRC 509(A)(3). UACI, UACI-OV AND UACI-B2 ARE SINGLE MEMBER LLCS AND ARE TREATED AS DISREGARDED ENTITIES FOR TAX PURPOSES. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES IS MADE. INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE, HOWEVER, MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS TAXABLE INCOME (UBTI). FROM TIME TO TIME, THE ORGANIZATION MAY BE SUBJECT TO PENALTIES AND INTEREST ASSESSED BY VARIOUS TAXING AUTHORITIES, WHICH WILL BE CLASSIFIED AS GENERAL AND ADMINISTRATIVE EXPENSES, IF THEY OCCUR. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES -10,400. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 10,400. BOOK/TAX DIFFERENCE - OPERATING LEASE 27,600. 20TH ANNIV 27500 23380 4120 7481 2919 27500 23380 4120 7481 2919 10400 -6280 X 1 1 X X 0 0 0 0 0 0 0 0 0 ELIZABETH BETSY CANTWELL DIRECTOR 0 435627 0 0 0 0 0 37052 0 24572 0 497251 0 0 RYAN GOODELL DIRECTOR 0 342945 0 0 0 0 0 18856 0 16651 0 378452 0 0 CAROL STEWART PRESIDENT 0 341062 0 0 0 0 0 21350 0 12282 0 374694 0 0 GARTH PERRY DIRECTOR 0 213864 0 0 0 0 0 26562 0 21719 0 262145 0 0 KENNETH MARCUS EVP & CFO 188450 0 0 0 480 0 7583 0 10137 0 206650 0 0 0 PATRICK MURPHY VP CONSTRUCTION/FACILITIES 167756 0 0 0 900 0 7050 0 30253 0 205959 0 0 0 ERIC SMITH EXECUTIVE DIRECTOR 144192 0 0 0 0 0 6009 0 30140 0 180341 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 CAROL STEWART, ELIZABETH CANTWELL, RYAN GOODELL, AND GARTH PERRY ARE ALL UNIVERSITY OF ARIZONA PERSONNEL. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS COMPRISED OF NINE PERSONS ("DIRECTORS"). THREE DIRECTORS ARE APPOINTED BY THE PRESIDENT OF THE UNIVERSITY OF ARIZONA AND ARE REFERRED TO AS "UNIVERSITY MEMBERS". ONE DIRECTOR IS A CURRENT MEMBER OF THE ARIZONA BOARD OF REGENTS OR A FORMER MEMBER OF THE BOARD OF REGENTS WHO SERVED ON THE BOARD OF REGENTS AFTER JANUARY 1, 2004, AND IS APPOINTED BY THE PRESIDENT OF THE ARIZONA BOARD OF REGENTS, AND IS REFERRED TO AS THE "REGENTS' MEMBER". FIVE DIRECTORS ARE SELECTED AT LARGE. DIRECTORS OTHER THAN UNIVERSITY MEMBERS, THE REGENTS' MEMBER AND THE PRESIDENT'S MEMBER ARE ELECTED BY THE INCUMBENT DIRECTORS AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS, BUT DIRECTORS MAY BE ELECTED TO FILL VACANCIES OR NEWLY CREATED DIRECTOR POSITIONS AT ANY OTHER MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES A DRAFT OF FORM 990 TO THE AUDIT COMMITTEE FOR REVIEW. AFTER THE AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM, A COPY IS PROVIDED TO ALL MEMBERS OF THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY IN PLACE AND EACH OFFICER AND DIRECTOR IS REQUIRED TO SIGN AND AGREE TO THE POLICY. THE BOARD REVIEWS THE POLICY ANNUALLY. ON AN ONGOING BASIS, IF A CONFLICT OF INTEREST IS DISCOVERED, THE INDIVIDUAL IS REQUIRED TO NOTIFY THE ORGANIZATION IMMEDIATELY. CONFLICTS OF INTEREST ARE HANDLED ON A CASE BY CASE BASIS. THE POLICY COVERS CRC EMPLOYEES AND CRC BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S PRESIDENT DETERMINES COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE VP/CHIEF FINANCIAL OFFICER AND ALL OTHER EMPLOYEES. THE PRESIDENT OF THE UNIVERSITY OF ARIZONA AND THE UNIVERSITY OF ARIZONA VICE PRESIDENT FOR RESEARCH, INNOVATION & IMPACT DETERMINE THE COMPENSATION FOR THE ORGANIZATION'S PRESIDENT. THE AMOUNT OF COMPENSATION FOR THE ORGANIZATION'S PRESIDENT, EXECUTIVE VP/CHIEF FINANCIAL OFFICER AND ALL EMPLOYEES IS INCLUDED IN THE ANNUAL OPERATING BUDGET, WHICH IS REVIEWED AND APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS AND THE UNIVERSITY OF ARIZONA/ARIZONA BOARD OF REGENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. A COPY OF FORM 990 IS PROVIDED IN PLACE OF FINANCIAL STATEMENTS IF REQUESTED. FORM 990, PART XI, LINE 9: BOOK/TAX DIFFERENCE - OPERATING LEASE -27,600. UNIVERSITY OF ARIZONA CENTER FOR INNOVATION LLC 9070 S RITA RD TUCSON AZ 85747 PROMOTING DEVELOPMENT OF HIGH TECHNOLOGY COMPANIES IN SOUTHERN ARIZONA AZ 454938 116910 CAMPUS RESEARCH CORPORATION 9072 LEASING LLC 9070 S RITA RD TUCSON AZ 85747 LEASE ASSIGNMENTS AZ 0 0 CAMPUS RESEARCH CORPORATION UNIVERSITY OF ARIZONA CENTER FOR INNOVATION - ORO VALLEY LLC 9070 S RITA RD TUCSON AZ 85747 PROMOTING DEVELOPMENT OF HIGH TECHNOLOGY COMPANIES IN SOUTHERN ARIZONA AZ 36900 821714 CAMPUS RESEARCH CORPORATION UNIVERSITY OF ARIZONA CENTER FOR INNOVATION - BIOSPHERE 2 9070 S RITA RD TUCSON AZ 85747 PROVIDES A PROGRAM FOR HIGH TECH SUSTAINABILITY FOR THE CLIENTS AT B2 AZ 1100 0 CAMPUS RESEARCH CORPORATION ARIZONA BOARD OF REGENTS 2020 N CENTRAL AVENUE 230 PHOENIX AZ 850044593 866004791 GOVERNING BOARD FOR ARIZONA'S PUBLIC UNIVERSITIES AZ 115 N/A 0 UNIVERSITY OF ARIZONA PO BOX 3607 TUCSON AZ 857223607 742652689 PUBLIC UNIVERSITY AZ 115 ARIZONA BOARD OF REGENTS 0 GLOBAL ADVANTAGE PARTNERS LLC 9070 S RITA ROAD SUITE 1750 TUCSON AZ 85747 371798242 COST SHARING AZ CAMPUS RESEARCH CORPORATION RELATED -3205 2816 0 1 0.14300 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0