2020-02-26T17:22:19-06:00 2019-06-30 860683059 BEACHFLEISCHMAN PC 1985 E RIVER ROAD SUITE 201 TUCSON AZ 85718 990 2018-07-01 860779656 CAMPUS RESEARCH CORPORATION CAMP 5203822480 9070 SOUTH RITA ROAD NO 1750 TUCSON AZ 857476112 KENNETH M MARCUS CFOO 5203822480 2020-02-05 1 KELLY L MELTZER CPA P00633511 5203214600 2020-02-05 64.128.200.66 2020-02-05 07:38:02 US P 100786DC4CA6AC734CEB2D953EA696EF9CD62243 30E46978D2C59AA32200D71C98AB2CF713052E80 2018 2020-09-23 17:36:50Z CAROL STEWART 9070 SOUTH RITA ROAD NO 1750 TUCSON AZ 857476112 15885653 0 X N/A X 1994 AZ ASSIST THE ARIZONA BOARD OF REGENTS FOR AND ON BEHALF OF THE UNIVERSITY OF ARIZONA. 13 7 28 8 0 0 30440 58962 15058930 15578045 26896 79192 -19551 -88117 15096715 15628082 0 14500 0 0 2003606 2047671 0 0 0 10588088 11312892 12591694 13375063 2505021 2253019 40960866 43289897 10917848 10964512 30043018 32325385 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 11306734 14500 15745961 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. 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 1,268 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 287 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. 722037 0 THE UA TECH PARK AT THE BRIDGES IS SITUATED ON 65 ACRES IN CENTRAL TUCSON, ARIZONA. IT'S PART OF A LARGER 350 ACRE MULTI-USE DEVELOPMENT. THE BRIDGES IS PLANNED TO HAVE UNIVERSITY EDUCATIONAL PROGRAMS, SOPHISTICATED, HIGH TECHNOLOGY RESEARCH AND ADMINISTRATIVE FACILITIES. 12028771 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 1 0 1 23 0 1 28 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 7 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BERNADETTE FRANCO 5203822481 9070 SOUTH RITA ROAD SUITE 1750 TUCSON AZ 85747 MARA ASPINALL DIRECTOR 0.30 X 0 0 0 CAROL COLOMBO DIRECTOR 0.30 X 0 0 0 DUFF HEARON DIRECTOR 0.30 X 0 0 0 JEFF GOLDBERG DIRECTOR 0.30 40.00 X 0 434869 48413 GREGG GOLDMAN DIRECTOR 0.30 40.00 X 0 415272 29761 JAN LESHER DIRECTOR 0.30 X 0 0 0 THOMAS MCGOVERN DIRECTOR 0.30 X 0 0 0 ROBERT ROBBINS DIRECTOR 0.30 40.00 X 0 923949 151487 LISA RULNEY DIRECTOR 0.30 40.00 X 0 261917 50406 RON SHOOPMAN DIRECTOR 0.30 X 0 0 0 ROBERT SMITH DIRECTOR 0.30 40.00 X 0 247950 46407 TOM WARNE CHAIRMAN 0.30 X X 0 0 0 BRUCE WRIGHT PRESIDENT 0.30 40.00 X 36534 317897 48484 CAROL STEWART PRESIDENT AS OF 12/19/18 0.30 40.00 X 0 0 0 BEN TUCHI TREASURER 0.30 X 0 0 0 PATRICK GRIFFIN SECRETARY AND GENERAL COUNSEL 0.30 X 0 0 0 KENNETH MARCUS CHIEF FINANCIAL OPERATING OFFICER 40.00 X 175350 0 15304 PATRICK MURPHY DIR PLANNING, FACILITIES & CONST 40.00 X 110582 0 25056 MARY E GILBERT DIR UNIV & COMMUNITY ENGAGEMENT 40.00 X 161249 0 26344 483715 2601854 441662 3 0 1 0 COBRE BUILDING SYSTEMS INC PO BOX 26587 TUCSON AZ 85747 CONSTRUCTION 3720194 UASTP 9018 S RITA RD TUCSON AZ 85747 COMMON SERV EXP 3447226 CH2M DEPT 201869 DALLAS TX 75320 FACILITIES/MAINTENANCE 2658513 SUN MECHANICAL CONTRACTING INC 3951 E COLUMBIA TUCSON AZ 85714 CONSTRUCTION 1713468 WE O'NEIL CONSTRUCTION COMPANY INC 2601 N FAIRVIEW AVE TUCSON AZ 85705 CONSTRUCTION 380450 15 58962 58962 RENTAL INCOME 531120 15521385 15521385 SERVICES & SEMINARS 900099 56660 56660 15578045 79192 79192 1538 58962 257571 -256033 -256033 OTHER REVENUES 900099 167916 167916 167916 15628082 15745961 0 -176841 14500 14500 221455 137302 84153 1553229 963002 590227 30702 19035 11667 154601 95853 58748 87684 54364 33320 95331 95331 35300 35300 28581 28581 131825 131825 78683 23605 55078 673508 644271 29237 106056 53028 53028 426991 341753 85238 322647 322647 3261718 3073604 188114 59720 29860 29860 PROJECT OPERATING 3271372 3271372 REPAIRS & MAINTENANCE 2552448 2424826 127622 U OF A DEVELOPMENT 232170 232170 PARK DEVELOPMENT 31725 31725 4817 4817 13375063 12028771 1346292 0 3770726 1038197 5231207 6471191 1045357 757144 43876 208436 47068955 18409319 24225144 28659636 10000 10000 6634556 6145293 40960866 43289897 1423412 2144871 3781290 2860056 5530034 5823101 183112 136484 10917848 10964512 X 30043018 32325385 30043018 32325385 40960866 43289897 2253019 29348 0 X 0 1 X 1 0 X X 2 AZ BOARD OF REGENTS 866004791 6 1 13375063 0 UNIVERSITY OF ARIZONA 742652689 6 1 0 0 2 13375063 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 PUBLIC CHARITIES UNDER SECTION 509(A)(1) AS ORGANIZATIONS DESCRIBED IN SECTION 170(B)(1)(A)(V) AND ARE NOT REQUIRED TO OBTAIN RECOGNITION OF PUBLIC CHARITY STATUS. SCHEDULE A, PART IV, SECTION D, LINE 3 THERE ARE 13 MEMBERS OF THE BOARD OF DIRECTORS OF CAMPUS RESEARCH CORPORATION. 2 MEMBERS ARE APPOINTED BY THE PRESIDENT OF ABOR, AND 4 MEMBERS ARE APPOINTED BY THE PRESIDENT OF U OF A. 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 35598845 15639129 19959716 1884021 1483478 400543 9586089 1286712 8299377 28659636 INTANGIBLE ASSETS, NET 2817256 PROTECTED WATER FACILITY RIGHTS 3328037 6145293 SECURITY DEPOSITS 20035 LIABILITY UNDER INTEREST RATE SWAP AGREEMENT 116449 136484 X 15915000 29348 257570 286918 15628082 0 15628082 13632633 257570 257570 13375063 0 13375063 PART X, LINE 2: FINANCIAL STATEMENTS FIN 48 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 IS A SINGLE-MEMBER LLC AND IS TREATED AS A DISREGARDED ENTITY 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 MANAGEMENT AND GENERAL EXPENSES, IF THEY OCCUR. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 257,570. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 257,570. 25TH ANNIV 27000 25680 1320 6000 26812 4166 73927 RACING THE SUN 22000 22000 12945 14220 75887 2 11500 11282 218 8244 7806 27564 60500 58962 1538 27189 48838 4166 177378 257571 -256033 X X 0 0 0 0 0 0 0 0 0 JEFF GOLDBERG DIRECTOR 0 434869 0 0 0 0 0 28631 0 19782 0 483282 0 0 GREGG GOLDMAN DIRECTOR 0 377195 0 0 0 38077 0 19250 0 10511 0 445033 0 0 ROBERT ROBBINS DIRECTOR 0 841139 0 50000 0 32810 0 134000 0 17487 0 1075436 0 0 LISA RULNEY DIRECTOR 0 261917 0 0 0 0 0 30859 0 19547 0 312323 0 0 ROBERT SMITH DIRECTOR 0 247950 0 0 0 0 0 28537 0 17870 0 294357 0 0 BRUCE WRIGHT PRESIDENT 29409 283642 0 0 7125 34255 0 32591 0 15893 36534 366381 0 0 KENNETH MARCUS CHIEF FINANCIAL OPERATING OFFICER 167667 0 5883 0 1800 0 6673 0 8631 0 190654 0 0 0 MARY E GILBERT DIR UNIV & COMMUNITY ENGAGEMENT 132139 0 4854 0 24256 0 5885 0 20459 0 187593 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 JEFF GOLDBERG (ACTING SR VP FOR ACADEMIC AFFAIRS, UNIVERSITY OF ARIZONA), GREGG GOLDMAN (SR VP FOR BUSINESS AFFAIRS & CFO, UNIVERSITY OF ARIZONA), LISA RULNEY (SR VP FOR BUSINESS AFFAIRS & CFO, UNIVERSITY OF ARIZONA), BRUCE A. WRIGHT (ASSOCIATE VP, UNIVERSITY OF ARIZONA), CAROL STEWART (ASSOCIATE VP TECH PARKS ARIZONA, UNIVERSITY OF ARIZONA), ROBERT ROBBINS (PRESIDENT, UNIVERSITY OF ARIZONA), AND ROBERT SMITH (VP BUSINESS AFFAIRS AND CFO, UNIVERSITY OF ARIZONA) HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS COMPRISED OF THIRTEEN PERSONS ("DIRECTORS"). FOUR 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". ONE DIRECTOR IS APPOINTED BY THE PRESIDENT OF THE ARIZONA BOARD OF REGENTS AND IS REFERRED TO AS THE "PRESIDENT'S MEMBER". SEVEN 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 15A THE ORGANIZATION'S PRESIDENT DETERMINES COMPENSATION FOR THE ORGANIZATION'S CHIEF FINANCIAL OPERATING 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, CHIEF FINANCIAL OPERATING 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. 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