2023-08-10T09:10:19-05:00 2022-09-23 341082617 APPLE GROWTH PARTNERS 1540 WEST MARKET ST AKRON OH 44313 990 2022-07-01 263118684 UNIVERSITY DEVELOPMENT GROUP INC UNIV 3306785203 P O BOX 333 KENT OH 44240 MICHAEL DREW PRESIDENT 3306785203 2023-08-07 1 MICHAEL DREW 999009999 0 ROBERT W FISHER CPA P00358676 3308677350 2023-08-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MICHAEL DREW 129 ELMWOOD DRIVE KENT OH 44240 0 0 X NA X NONPROFIT ORGANIZATION 2008 OH UNIVERSITY DEVELOPMENT GROUP, INC WAS FORMED TO MANAGE PROPERTY OWNED BY KENT STATE UNIVERSITY AND HOLD EQUITY INTERESTS OR LICENSES IN START UP ENTITIES. THE COMPANYIS A CONDUIT THAT HELPS IN FORMATION OF NEW BUSINESSES, CREATION OFJOBS AND REVITALIZATION AND GROWTH IN NORTHEAST OHIO. THEY ALSO PROMOTEACADEMIC ACHIEVEMENT AND ENHANCE EDUCATION BY PROVIDING OPPORTUNITIES FOR STUDENTS IN THE BUSINESS AND ENTREPRENEURIAL AREAS. X 2 2 0 0 0 0 0 0 230358 0 321 0 0 0 230679 0 627202 65873 0 0 3250 0 0 0 0 64146 0 694598 65873 -463919 -65873 65873 0 0 0 65873 0 X UNIVERSITY DEVELOPMENT GROUP, INC WAS FORMED TO MANAGE PROPERTY OWNED BY KENT STATE UNIVERSITY AND HOLD EQUITY INTERESTS OR LICENSES IN START UP ENTITIES. THE COMPANYIS A CONDUIT THAT HELPS IN FORMATION OF NEW BUSINESSES, CREATION OFJOBS AND REVITALIZATION AND GROWTH IN NORTHEAST OHIO. THEY ALSO PROMOTEACADEMIC ACHIEVEMENT AND ENHANCE EDUCATION BY PROVIDING OPPORTUNITIES FOR STUDENTS IN THE BUSINESS AND ENTREPRENEURIAL AREAS. 0 1 65873 65873 0 FIRST ACCOMPLISHMENT MANAGEMENT OF CENTENNIAL RESEARCHPARK AND LEASE AGREEMENTS WITH THE COLLEGE OF BUSINESSADMINISTRATION'S CENTER FOR ENTREPRENEURSHIP & BUSINESSINNOVATION PROGRAM AND THE COLLEGE OF COMMUNICATION. 65873 1 0 0 0 0 0 0 0 0 0 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 1 0 0 0 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 OH X MICHAEL A DREW 3302833822 PO BOX 333 KENT OH 44240 MICHAEL DREW PRESIDENT 3.00 X X 0 0 0 LOWELL CROSKEY DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 65873 65873 65873 65873 0 0 49800 0 0 0 0 0 0 0 0 0 0 0 16073 0 0 0 0 0 0 65873 0 0 0 X 0 0 0 0 65873 0 65873 0 65873 0 -65873 0 X 0 0 0 X 210945 229635 202677 230358 0 873615 210945 229635 202677 230358 873615 873615 898 1102 505 321 0 2826 876441 0.99680 0.99730 X PART II, SHORT YEAR EXPLANATION: REPORTED ON SHORT YEAR DUE TO FINAL YEAR FILING AND CLOSURE 1 KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 832006222 49800 0 TRANSFER OF CASH BALANCE DUE TO ORGANIZATION CLOSURE KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 832006222 0 16073 BOOK VALUE LEASEHOLD IMPROVEMENTS TRANSFER OF LEASEHOLD IMPROVEMENTS DUE TO ORGANIZATION CLOSURE KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 832006222 0 0 NO VALUATION DETERMINED COMMON SHARES IN KENT DISPLAYS TRANSFER OF EQUITY OWNERSHIP DUE TO ORGANIZATION CLOSURE KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 832006222 0 0 NO VALUATION DETERMINED COMMON AND PREFERRED SHARES IN PATHOGEN SYSTEMS, INC. TRANSFER OF EQUITY OWNERSHIP DUE TO ORGANIZATION CLOSURE KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 832006222 0 0 NO VALUATION DETERMINED COMMON SHARES IN DYNAMIC EYE, INC. TRANSFER OF EQUITY OWNERSHIP DUE TO ORGANIZATION CLOSURE KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 832006222 0 0 NO VALUATION DETERMINED COMMON SHARES IN CITUS PHARMA CORP. TRANSFER OF EQUITY OWNERSHIP DUE TO ORGANIZATION CLOSURE 1 1 CASH FUNDS 2022-07-01 49800 FMV DETERMINED FROM CASH FUND AMOUNT TRANSFERRED 832006222 KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 501(C)(3) LEASHOLD IMPROVEMENTS 2022-07-01 16073 FMV DETERMINED FROM REMAINING LIFE OF LEASEHOLD IMPROVEMENTS TRANSFERRED 832006222 KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 501(C)(3) DYNAMIC EYE, INC. - 12,277 COMMON SHARES 2022-07-01 0 832006222 KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 501(C)(3) CITUS PHARMA CORP. - 60 COMMON SHARES 2022-07-01 0 832006222 KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 501(C)(3) PATHOGEN SYSTEMS, INC. - 80,606 COMMON SHARES 2022-07-01 0 832006222 KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 501(C)(3) KENT DISPLAYS - 231,833.33 COMMON SHARES 2022-07-01 0 832006222 KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 501(C)(3) PATHOGEN SYSTEMS, INC. - 195,123 SERIES D PREFERRED SHARES 2022-07-01 0 832006222 KSU RESEARCH CORP 800 EAST SUMMIT STREET ROOM 207 KENT OH 44242 501(C)(3) 0 0 0 0 1 1 1 1 0 FORM 990, PART III, LINE 3 UNIVERSITY DEVELOPMENT GROUP, INC CEASED OPERATION DURING THE TAX YEAR. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS GIVEN TO THE BOARD FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C POLICIES ARE REVIEWED AT ANNUAL MEETING FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST.