BIOENTERPRISE CORP: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- BIOENTERPRISE CORP (EIN 34-1947257)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-05-17
- IRS object ID
- 202121379349310862
- Schema version
- 2019v5.2
- 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) |
|---|---|---|
| Return | 2021-05-17T19:10:56-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 341912961 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHEN & COMPANY LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | OFFICES LISTED AT | AddressLine1Txt |
| City | WWWCOHENCPACOM | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44115 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 341947257 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BIOENTERPRISE CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BIOE | BusinessNameControlTxt |
| Phone | 2166583999 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11000 CEDAR AVENUE | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44106 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK CHANCE | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2166583999 | PhoneNum |
| Signature | 2021-05-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CATHLEEN S LORENZ | PreparerPersonNm |
| PTIN | P00063640 | PTIN |
| Phone | 8002291099 | PhoneNum |
| Preparation | 2021-05-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PAMELA DAVIS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11000 CEDAR AVENUE | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,833,224 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BIOENTERPRISE.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2000 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | TO FOSTER ECONOMIC DEVELOPMENT AND COMMERCIALIZE BIOSCIENCE TECHNOLOGIES TO IMPROVE PUBLIC HEALTH. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 53 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,856,006 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,180,025 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,152,533 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,352,807 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,300 | PYInvestmentIncomeAmt |
| CY Investment Income | $300,306 | CYInvestmentIncomeAmt |
| PY Other Revenue | $158,289 | PYOtherRevenueAmt |
| CY Other Revenue | $86 | CYOtherRevenueAmt |
| PY Total Revenue | $5,168,128 | PYTotalRevenueAmt |
| CY Total Revenue | $3,833,224 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,527,469 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,401,929 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,923,418 | PYOtherExpensesAmt |
| CY Other Expenses | $2,788,684 | CYOtherExpensesAmt |
| PY Total Expenses | $6,450,887 | PYTotalExpensesAmt |
| CY Total Expenses | $7,190,613 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,282,759 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,357,389 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $6,338,782 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,292,122 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $728,647 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,039,376 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,610,135 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,252,746 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | BIOENTERPRISE IS A BUSINESS FORMATION, RECRUITMENT, AND ACCELERATION INITIATIVE DESIGNED TO FOSTER ECONOMIC DEVELOPMENT AND TO GROW HEALTH CARE COMPANIES, AND COMMERCIALIZE BIOSCIENCE TECHNOLOGIES TO IMPROVE PUBLIC HEALTH. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $2,873,439 | ExpenseAmt |
| Revenue | $948,461 | RevenueAmt |
| Desc | ENTREPRENEUR ASSISTANCE: BIOENTERPRISE IS A BUSINESS FORMATION, RECRUITMENT AND ACCELERATION NONPROFIT DESIGNED TO GROW HEALTHCARE COMPANIES AND COMMERCIALIZE BIOSCIENCE TECHNOLOGIES IN NORTHEAST OHIO IN SUCH SECTORS AS MEDICAL DEVICES, BIOPHARMACEUTICAL AND HEALTHCARE SOFTWARE AND SERVICES/HEALTH IT FIRMS. EACH YEAR, BIOENTERPRISE FOCUSES ON A SELECT NUMBER OF COMPANIES AND EMPLOYS BIOENTERPRISE AND PARTNER RESOURCES TO HELP THOSE COMPANIES ACHIEVE GREATER LEVELS OF BUSINESS SUCCESS. THE ORGANIZATION'S MISSION IS TO HELP STIMULATE ECONOMIC DEVELOPMENT IN A STRUGGLING NORTHEAST OHIO ECONOMY, COMMERCIALIZE NEW LIFE-ENHANCING HEALTHCARE TECHNOLOGIES, CREATE JOBS AND GROW A PIPELINE OF TALENT THAT NORTHEAST OHIO'S BUSINESSES NEED TO BE SUCCESSFUL. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $915,892 | ExpenseAmt |
| Revenue | $645,329 | RevenueAmt |
| Desc | BIOSCIENCE INCUBATOR: BIOENTERPRISE HAS A 44,000 SQUARE FOOT INCUBATOR DESIGNED TO PROVIDE LOW-COST FACILITIES AND SERVICES FOR BIOMEDICAL ENTREPRENEURS AND START-UP COMPANIES. THE INCUBATOR HAS WET LABS, DRY LABS, OFFICE SPACE AND MEETING ROOMS FOR PHARMACEUTICAL, MEDICAL DEVICE AND DIAGNOSTIC INFORMATION TECHNOLOGY TENANTS AND REGIONAL BIOSCIENCE AND COMMUNITY MEETINGS. THE INCUBATOR ALSO HAS A SPECIAL EQUIPMENT ROOM WITH EQUIPMENT THAT WOULD NORMALLY BE UNAVAILABLE TO THE START-UP COMPANIES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $911,911 | ExpenseAmt |
| Revenue | $827 | RevenueAmt |
| Desc | BIOSCIENCE COMMUNITY: BIOSCIENCE COMMUNITY BUILDING POSITIONS THE REGION TO ATTRACT BIOSCIENCE ENTREPRENEURS, COMPANIES AND INVESTMENT, AND TO SPUR REAL ESTATE DEVELOPMENT AND URBAN REVITALIZATION.BIOENTERPRISE ORGANIZES A VARIETY OF EVENTS TARGETED AT BIOSCIENCE ENTREPRENEURS, COMPANIES AND INVESTORS IN ORDER TO PROMOTE THE REGION'S ASSETS AND TO EDUCATE THE COMMUNITY ABOUT AVAILABLE RESOURCES. PAST EVENTS HAVE INCLUDED NETWORKING EVENTS, WORKSHOPS AND PANEL DISCUSSIONS ON SUCH TOPICS AS ACCESSING STATE, FEDERAL AND PRIVATE FUNDING, UNDERSTANDING REGULATORY AND REIMBURSEMENT ISSUES, DEVELOPING NEW BIOPHARMA PRODUCTS AND ACCESSING TALENT. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|
| $399,897 | $7,753 | COMPANY ATTRACTION: BIOENTERPRISE WORKS CLOSELY WITH REGIONAL ECONOMIC DEVELOPMENT PARTNERS TO ATTRACT, RETAIN AND EXPAND BIOMEDICAL COMPANIES IN NORTHEAST OHIO, WITH A FOCUS ON MEDICAL IMAGING, ORTHOPEDIC, CARDIOVASCULAR, NEUROSTIMULATION AND HEALTH IT SECTORS. BIOENTERPRISE PROVIDES BIOMEDICAL STARTUPS AND SMALL BUSINESSES WITH EDUCATION AND TRAINING ON HOW TO APPLY FOR NIH, DOD AND NSF GRANTS AND CONTRACTS SOURCES, AS WELL AS HOW TO ATTRACT SEED, ANGEL, VENTURE AND PRIVATE EQUITY CAPITAL. THE ORGANIZATION ALSO HELPS COMPANIES ACCESS STATE AND LOCAL ASSISTANCE THROUGH THE OHIO DEVELOPMENT SERVICES AGENCY, JOBS OHIO, OHIO THIRD FRONTIER AND OTHER RESOURCE ORGANIZATIONS.IN ADDITION, BIOENTERPRISE PROVIDES LEADERSHIP FOR HIT IN THE CLE, A COLLABORATIVE OF PARTNERS WORKING TO EDUCATE YOUNG PEOPLE ON POTENTIAL CAREER PATHS IN HEALTH IT. THIS INITIATIVE CONVENES AN ANNUAL DATA SCIENCE COMPETITION FOR HIGH SCHOOLERS, HOSTS LOW-INCOME STUDENTS FOR COMPUTER SCIENCE INSTRUCTION AND CREATES MENTORING OPPORTUNITIES WITH REGIONAL HEALTH IT COMPANIES.BIOENTERPRISE IS ALSO A PARTNER TO THE CLEVELAND HEALTH TECH CORRIDOR, A PRIME LOCATION FOR BIOMEDICAL, HEALTHCARE AND TECHNOLOGY COMPANIES LOOKING TO TAKE ADVANTAGE OF CLOSE PROXIMITY TO FOUR WORLD-CLASS HEALTHCARE INSTITUTIONS INCLUDING THE CLEVELAND CLINIC AND UNIVERSITY HOSPITALS, MULTIPLE BUSINESS INCUBATORS AND ACADEMIC CENTERS, AND MORE THAN 100 HIGH-TECH COMPANIES ENGAGED IN THE BUSINESS OF INNOVATION. WITH CONTINUED FUNDING FROM PRIVATE HEALTH CARE AND RESEARCH INSTITUTIONS, FOUNDATIONS, THE STATE OF OHIO AND OTHER GRANTS, THESE SERVICES WILL CONTINUE TO BE PROVIDED FOR FREE TO ENTREPRENEURS. |
| $842,900 | $750,523 | GLOBAL CENTER FOR HEALTH INNOVATION: BIOENTERPRISE PROVIDES STRATEGIC LEADERSHIP OF THIS 200,000-SQUARE-FOOT COLLABORATIVE VENUE AND WORKSPACE FOR BIO HEALTH INDUSTRY PARTNERS, ENTREPRENEURS AND INVESTORS. THE GLOBAL CENTER DRAWS THOUSANDS FROM AROUND THE WORLD EVERY YEAR FOR EVENTS, CONFERENCES AND COMPETITIONS, AND SERVES AS A HUB FOR BIOMEDICAL INNOVATION AND ECONOMIC DEVELOPMENT. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,242,797 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $758,276 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $5,944,039 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 28 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 53 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UEHLINGER TABLACK CPAS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2164381040 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5755 GRANGER RD SUITE 340 | AddressLine1Txt |
| City | INDEPENDENCE | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44131 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| PAMELA DAVIS | |||||||
| BOARD CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ARAM NERPOUNI | |||||||
| PRESIDENT & CEO UNTIL 5/20 | 60.00 | Yes (X) | Yes (X) | $318,330 | $0 | $25,324 | |
| MARK R CHANCE | |||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN MCGUIRE | |||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| A RAY DALTON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| AARON PITTS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| AKRAM BOUTROS | |||||||
| TRUSTEE UNTIL 2/21 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRUCE E ROBERTS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID A CAMIENER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID SYLVAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ERIC BECK | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTY FELSENTHAL | |||||||
| TRUSTEE UNTIL 7/19 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PETE O' NEIL | |||||||
| TRUSTEE UNTIL 11/19 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SEMIH SEN | |||||||
| TRUSTEE UNTIL 2/20 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRAD WHITEHEAD | |||||||
| TRUSTEE OBSERVER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RONALD RICHARD | |||||||
| TRUSTEE OBSERVER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH JANKOWASKI | |||||||
| TRUSTEE OBSERVER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KIM BERGER | |||||||
| CFO UNTIL 4/2020 | 60.00 | Yes (X) | $164,101 | $0 | $10,269 | ||
| VIJAY IYER | |||||||
| VICE PRESIDENT, BD UNTIL 10/19 | 45.00 | $190,052 | $0 | $25,130 | Yes (X) | ||
| JAMES F WEISMAN | |||||||
| VP, HEALTHCARE IT | 45.00 | $167,295 | $0 | $12,970 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $839,778 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $73,693 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CASE WESTERN RESERVE UNIVERSITY | |||||
| 10900 EUCLID AVENUE | CLEVELAND | OH | 44106 | ANNUAL MAINTENANCE CHARGE FOR INCUBATOR | $546,724 |
| SMG AGENT FOR CLEVELAND CONVENTION CENTE | |||||
| 1 ST CLAIR AVE NE | CLEVELAND | OH | 44114 | WORKING FUND FOR RENT, UTILITIES, CLEANI | $189,216 |
| WAVE STRATEGY LLC | |||||
| 2851 LITCHFIELD ROAD | SHAKER HEIGHTS | OH | 44120 | NEEMA MAYHUGH CONSULTING WORK | $173,755 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $780,025 | GovernmentGrantsAmt |
| All Other Contributions | $400,000 | AllOtherContributionsAmt |
| Total Contributions | $1,180,025 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CLIENT SERVICES | 541900 | $1,707,478 | $1,707,478 |
| INCUBATOR REVENUE | 532000 | $645,329 | $645,329 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,352,807 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $300,306 | TotalRevenueColumnAmt |
| Exclusion | $300,306 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $86 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $86 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $86 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,833,224 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,352,893 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $300,306 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $687,702 | TotalAmt |
| Program Services | $618,929 | ProgramServicesAmt |
| Management And General | $68,773 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,865,667 | TotalAmt |
| Program Services | $2,517,557 | ProgramServicesAmt |
| Management And General | $348,110 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,800 | TotalAmt |
| Program Services | $147,901 | ProgramServicesAmt |
| Management And General | $22,899 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $427,028 | TotalAmt |
| Program Services | $371,772 | ProgramServicesAmt |
| Management And General | $55,256 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,732 | TotalAmt |
| Program Services | $218,716 | ProgramServicesAmt |
| Management And General | $32,016 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $440,306 | TotalAmt |
| Program Services | $440,306 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $692,294 | TotalAmt |
| Program Services | $34,615 | ProgramServicesAmt |
| Management And General | $657,679 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,550 | TotalAmt |
| Program Services | $24,257 | ProgramServicesAmt |
| Management And General | $293 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,174 | TotalAmt |
| Program Services | $66,174 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,025 | TotalAmt |
| Program Services | $77,025 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,031 | TotalAmt |
| Program Services | $85,911 | ProgramServicesAmt |
| Management And General | $12,120 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,345 | TotalAmt |
| Program Services | $83,997 | ProgramServicesAmt |
| Management And General | $11,348 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,427 | TotalAmt |
| Program Services | $220,427 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,905 | TotalAmt |
| Program Services | $24,905 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,951 | TotalAmt |
| Program Services | $22,951 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,913 | TotalAmt |
| Program Services | $241,677 | ProgramServicesAmt |
| Management And General | $33,236 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,869 | TotalAmt |
| Program Services | $34,025 | ProgramServicesAmt |
| Management And General | $4,844 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| INCUBATOR EXPENSE | $590,480 | $590,480 |
| PROGRAM AND EVENTS | $96,641 | $96,641 |
| BUSINESS DEVELOPMENT | $25,773 | $25,773 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,190,613 | TotalAmt |
| Program Services | $5,944,039 | ProgramServicesAmt |
| Management And General | $1,246,574 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $350,904 | BOYAmt |
| EOY | $150,248 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $800,319 | BOYAmt |
| EOY | $625 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,422,211 | BOYAmt |
| EOY | $333,571 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $693,859 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,928 | BOYAmt |
| EOY | $55,140 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,372,687 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,620,149 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,018,561 | BOYAmt |
| EOY | $2,752,538 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,338,782 | BOYAmt |
| EOY | $3,292,122 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $646,196 | BOYAmt |
| EOY | $340,162 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,412 | BOYAmt |
| EOY | $63,614 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $635,600 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,039 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $728,647 | BOYAmt |
| EOY | $1,039,376 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,950,135 | BOYAmt |
| EOY | $2,252,746 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $660,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,610,135 | BOYAmt |
| EOY | $2,252,746 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,338,782 | BOYAmt |
| EOY | $3,292,122 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$3,357,389 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,278,600 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,343,379 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,834,254 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,856,006 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,180,025 | CurrentTaxYearAmt |
| Total | $14,492,264 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,278,600 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,343,379 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,834,254 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,856,006 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,180,025 | CurrentTaxYearAmt |
| Total | $14,492,264 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $221,357 | SubstantialContributorsTotAmt |
| Public Support Total170 | $14,270,907 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,972 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,329 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,760 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,300 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $300,306 | CurrentTaxYearAmt |
| Total | $313,667 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $138,425 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $286 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $79,146 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $158,289 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $86 | CurrentTaxYearAmt |
| Total | $376,232 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $15,182,163 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $7,793,942 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.94000 | PublicSupportCY170Pct |
| Public Support PY170 | 0.95510 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME - 2015 AMOUNT: $ 138,425. 2016 AMOUNT: $ 286. 2019 AMOUNT: $ 86. MANAGEMENT FEE INCOME - 2017 AMOUNT: $ 79,146. 2018 AMOUNT: $ 158,289. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $66,174 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $66,174 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $5,877,865 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $5,944,039 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $447,202 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $111,801 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $399,235 | CurrentYearMinus3Amt |
| Current Year Minus2 | $423,015 | CurrentYearMinus2Amt |
| Current Year Minus1 | $447,592 | CurrentYearMinus1Amt |
| Current Year | $447,202 | CurrentYearAmt |
| Total | $1,717,044 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $2,575,566 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $43,246 | CurrentYearMinus3Amt |
| Current Year Minus2 | $45,473 | CurrentYearMinus2Amt |
| Current Year Minus1 | $62,530 | CurrentYearMinus1Amt |
| Current Year | $66,174 | CurrentYearAmt |
| Total | $217,423 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $99,809 | CurrentYearMinus3Amt |
| Current Year Minus2 | $105,754 | CurrentYearMinus2Amt |
| Current Year Minus1 | $111,898 | CurrentYearMinus1Amt |
| Current Year | $111,801 | CurrentYearAmt |
| Total | $429,262 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $643,893 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,823,440 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,094,083 | DepreciationAmt |
| Book Value | $1,729,357 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,510,338 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,605,346 | DepreciationAmt |
| Book Value | $904,992 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,038,909 | OtherCostOrOtherBasisAmt |
| Depreciation | $920,720 | DepreciationAmt |
| Book Value | $118,189 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,752,538 | TotalBookValueLandBuildingsAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ARAM NERPOUNI | ||||||||||||||
| PRESIDENT & CEO UNTIL 5/20 | $318,330 | $0 | $0 | $0 | $0 | $0 | $19,000 | $0 | $6,324 | $0 | $343,654 | $0 | $0 | $0 |
| KIM BERGER | ||||||||||||||
| CFO UNTIL 4/2020 | $164,101 | $0 | $0 | $0 | $0 | $0 | $6,403 | $0 | $3,866 | $0 | $174,370 | $0 | $0 | $0 |
| VIJAY IYER | ||||||||||||||
| VICE PRESIDENT, BD UNTIL 10/19 | $190,052 | $0 | $0 | $0 | $0 | $0 | $20,833 | $0 | $4,297 | $0 | $215,182 | $0 | $0 | $0 |
| JAMES F WEISMAN | ||||||||||||||
| VP, HEALTHCARE IT | $167,295 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12,970 | $0 | $180,265 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4A | FormAndLineReferenceDesc |
| Explanation | DURING THE FISCAL YEAR, THE ORGANIZATION AWARDED $26,122 AND $27,215 IN SEVERANCE PAY TO VIJAY IYER AND JAMES WEISMAN, RESPECTIVELY. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | DUE TO THE CHANGES IN FINANCIAL, STAFFING AND OTHER ISSUES, ACCOUNTS RECEIVABLE WERE INDETERMINANT AT JUNE 30, 2020 AND ARE CARRIED AT -0-. ANY UPDATE TO THESE AMOUNTS WILL BE ADJUSTED WHEN AVAILABLE. IN ADDITION, BIOENTERPRISE HAS REDUCED ITS OPERATIONS SIGNIFICANTLY. AT THE END OF MAY 2020, THEY ELIMINATED MOST POSITIONS AND THREE OF FOUR PROGRAM OFFERINGS WERE DISCONTINUED . MANAGEMENT IS REVIEWING OPTIONS REGARDING THE CONTINUING OPERATIONS OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 6 | BIOENTERPRISE HAS 4 NAMED MEMBERS IN ITS CODE OF REGULATIONS; CASE WESTERN RESERVE UNIVERSITY (CWRU), CLEVELAND CLINIC FOUNDATION (CFF), UNIVERSITY HOSPITALS HEALTH SYSTEMS (UHHS), AND THE METROHEALTH FOUNDATION (MHF). |
| FORM 990, PART VI, SECTION A, LINE 7A | CWRU, CCF, UHHS AND MHF HAVE FULL POWER OF GOVERNANCE OVER THE AFFAIRS OF THE CORPORATION AND SHALL EXERCISE THE RIGHTS AND PRIVILEGES. MEMBERS DELEGATE TO THE BOARD OF DIRECTORS THE AUTHORITY AND DUTY TO OVERSEE AND GOVERN THE AFFAIRS OF THE CORPORATION. ANY MATTERS THAT CANNOT BE VOTED ON BY THE BOARD OF DIRECTORS WILL BE BROUGHT TO THE MEMBERS FOR UNANIMOUS APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FINANCE AND AUDIT COMMITTEE OF THE BIOENTERPRISE BOARD OF DIRECTORS REVIEWS FORM 990 AND REPORTS TO THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 12C | TWO VICE PRESIDENTS MONITOR THE CONFLICT OF INTEREST STATEMENTS FROM BOARD MEMBERS AND EMPLOYEES; NOTED CONFLICTS ARE REVIEWED ALSO BY LEGAL COUNSEL AND THE BOARD'S FINANCE AND AUDIT COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 15 | REVIEWS COMPARABILITY DATA PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT AND SUBSTANTIATION ON COMPENSATION FOR CEO AND KEY EMPLOYEES, AND IT IS DOCUMENTED. THEN, THE COMPENSATION IS SENT TO THE BOARD OF DIRECTORS FOR APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C | NO CHANGES HAVE OCCURRED IN THE PROCESS FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BIOENTERPRISE MANAGEMENT CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11000 CEDAR AVE | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 270291510 | EIN |
| Primary Activities | MANAGEMENT COMPANY | PrimaryActivitiesTxt |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $308,151 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $2,660,208 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |