BIOCON INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- BIOCON INC (EIN 22-3619257)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-07
- IRS object ID
- 201703119349302625
- Schema version
- 2016v3.0
- 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 | 2017-11-07T15:21:00-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223619257 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BIOCON INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BIOC | BusinessNameControlTxt |
| Phone | 7326610202 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 MAY STREET | AddressLine1Txt |
| City | EDISON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08837 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL J KAWAS | PersonNm |
| Person Title | TREASURER/CFO | PersonTitleTxt |
| Phone | 7326610202 | PhoneNum |
| Signature | 2017-11-07 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparation | 2017-11-07 | PreparationDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | E8983FB843B4833DCD2BA9F1A88572CCA9AA2E03 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | E8983FB843B4833DCD2BA9F1A88572CCA9AA2E03 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2018-03-14 21:41:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL J KAWAS | PrincipalOfficerNm |
| Gross Receipts | $3,322,540 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | BIOCON, INC. (BIO) WAS FORMED TO SERVE AS THE SOLE VOTING MEMBER OF, AND ACT AS THE HOLDING COMPANY FOR, "MUSCULOSKELETAL TRANSPLANT FOUNDATION INC." (MTF) A NON-PROFIT 501(C) ORGANIZATION AND "DEUTSCHES INSTITUT FUR ZELL-UND GEWEBEERSATZ GMBH" (DIZG) A GERMAN NON-PROFIT ORGANIZATION. MTF'S MISSION IS TO PROVIDE QUALITY ALLOGRAFT TISSUES FOR TRANSPLANTATION, RESEARCH AND EDUCATION. DIZG SPECIALIZES IN CULTURING AND DISTRIBUTION OF KERATINOCYTES, MUSCULOSKELETAL, AND OTHER TISSUE FORMS. BIOCON, AS HOLDING COMPANY, HAS AUTHORITY TO APPROVE FUNDAMENTAL AMENDMENTS TO ORGANIZATIONAL DOCUMENTS AND TO APPROVE CERTAIN CORPORATE TRANSACTIONS SUCH AS MERGERS AND DISSOLUTIONS. BIOCON ALSO HAS THE EXCLUSIVE RIGHT TO ELECT OR APPOINT ALL MEMBERS OF THE BOARD OF DIRECTORS OF MTF AND DIZG. BIOCON CONTINUES TO MONITOR AND GUIDE THE ACTIVITIES OF MTF AND DIZG, AS WELL AS ANY AFFILIATES THAT MAY BE FORMED OR ACQUIRED IN THE FUTURE, TO FOSTER THE PROVISION OF HIGH QUALITY HUMAN ALLOGRAFT TISSUE TO THE CO | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,502,006 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,227,395 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $167,573 | PYOtherRevenueAmt |
| CY Other Revenue | $95,145 | CYOtherRevenueAmt |
| PY Total Revenue | $3,669,579 | PYTotalRevenueAmt |
| CY Total Revenue | $3,322,540 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,226,043 | PYOtherExpensesAmt |
| CY Other Expenses | $3,136,082 | CYOtherExpensesAmt |
| PY Total Expenses | $3,226,043 | PYTotalExpensesAmt |
| CY Total Expenses | $3,136,082 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $443,536 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $186,458 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $15,740,014 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,791,362 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $15,655,949 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $18,520,839 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $84,065 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $270,523 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | BIOCON, INC. (BIO) WAS FORMED TO SERVE AS THE SOLE VOTING MEMBER OF, AND ACT AS THE HOLDING COMPANY FOR, "MUSCULOSKELETAL TRANSPLANT FOUNDATION INC." (MTF) A NON-PROFIT 501(C) ORGANIZATION AND "DEUTSCHES INSTITUT FUR ZELL-UND GEWEBEERSATZ GMBH" (DIZG) A GERMAN NON-PROFIT ORGANIZATION. MTF'S MISSION IS TO PROVIDE QUALITY ALLOGRAFT TISSUES FOR TRANSPLANTATION, RESEARCH AND EDUCATION. DIZG SPECIALIZES IN CULTURING AND DISTRIBUTION OF KERATINOCYTES, MUSCULOSKELETAL, AND OTHER TISSUE FORMS. BIOCON, AS HOLDING COMPANY, HAS AUTHORITY TO APPROVE FUNDAMENTAL AMENDMENTS TO ORGANIZATIONAL DOCUMENTS AND TO APPROVE CERTAIN CORPORATE TRANSACTIONS SUCH AS MERGERS AND DISSOLUTIONS. BIOCON ALSO HAS THE EXCLUSIVE RIGHT TO ELECT OR APPOINT ALL MEMBERS OF THE BOARD OF DIRECTORS OF MTF AND DIZG. BIOCON CONTINUES TO MONITOR AND GUIDE THE ACTIVITIES OF MTF AND DIZG, AS WELL AS ANY AFFILIATES THAT MAY BE FORMED OR ACQUIRED IN THE FUTURE, TO FOSTER THE PROVISION OF HIGH QUALITY HUMAN ALLOGRAFT TISSUE TO THE CO | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $3,136,082 | ExpenseAmt |
| Revenue | $3,227,395 | RevenueAmt |
| Desc | BIOCON, INC. (BIO) IS THE SOLE MEMBER OF MAY STREET MEDICAL, LLC. (MSM), OLYPHANT, L.L.C. (OLY) AND JESSUP/PRTB L.L.C. (JESSUP). BIOCON IS ALSO THE SOLE CORPORATE MEMBER OF MUSCULOSKELETAL TRANSPLANT FOUNDATION, INC. (MTF) AND SOLE STOCKHOLDER OF THE DEUTSCHES INSTITUT FUR ZELL-UND GEWEBEERSATZ GMBH (DIZG). AS PART OF BIOCON'S MISSION TO SUPPORT MTF, BIOCON SERVES AS THE HOLDING COMPANY FOR THE SEGREGATION, PROTECTION, AND OPERATION OF REAL PROPERTY ASSETS WHICH ARE OCCUPIED BY MTF. IN 2015, BIO CREATED JESSUP TO ACQUIRE AND MAINTAIN REAL ESTATE ASSETS FOR USE BY MTF IN PURSUIT OF ITS CORE MISSION TO SUPPORT MTF AS WAS THE CASE IN CREATING OLY AND MSM IN EARLIER YEARS. FOR INDIVIDUAL STORIES OF DONOR FAMILIES, PLEASE VISIT MTF'S WEBSITE AT HTTP://WWW.MTF.ORG/DONOR_FAMILY_STORIES.HTML AND ALSO ON ITS YOUTUBE CHANNEL AT WWW.YOUTUBE.COM/USER/THEMTF1. STORIES ABOUT DONOR RECIPIENTS ARE ALSO AVAILABLE ON MTF'S WEBSITE AT HTTP://WWW.MTF.ORG/RECIPIENT_STORIES.HTML. | Desc |
| Total Program Service Expenses | $3,136,082 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | GM | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL J KAWAS | PersonNm |
| Phone | 7326610202 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 MAY STREET | AddressLine1Txt |
| City | EDISON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08837 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| WILLIAM W TOMFORD MD | |||||||
| CHAIRMAN | 0.00 | 2.00 | Yes (X) | $0 | $50,000 | $0 | |
| DONALD HACKBARTH MD | |||||||
| VICE CHAIRMA | 1.00 | Yes (X) | $0 | $12,000 | $0 | ||
| DAN M SPENGLER MD | |||||||
| BOD | 1.00 | Yes (X) | $0 | $12,000 | $0 | ||
| ALLAN GROSS MD | |||||||
| BOD | 1.00 | Yes (X) | $0 | $10,000 | $0 | ||
| ALAN MILANAZZO | |||||||
| BOD | 1.00 | Yes (X) | $0 | $9,000 | $0 | ||
| JOSEPH A BUCKWALTER MD | |||||||
| BOD | 1.00 | Yes (X) | $0 | $8,000 | $0 | ||
| JOSEPH ZUCKERMAN MD | |||||||
| BOD | 1.00 | Yes (X) | $0 | $8,000 | $0 | ||
| GERALD FINERMAN MD | |||||||
| BOD EMERITUS | 1.00 | Yes (X) | $0 | $6,000 | $0 | ||
| VICTOR FRANKEL MD PHD | |||||||
| BOD EMERITUS | 1.00 | Yes (X) | $0 | $3,000 | $0 | ||
| MARK BOLANDER MD | |||||||
| BOD | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRUCE W STROEVER | |||||||
| PRESIDENT/CE | 60.00 | $0 | $922,598 | $34,131 | Yes (X) | ||
| MICHAEL J KAWAS | |||||||
| TREASURER/CF | 60.00 | $0 | $576,957 | $42,048 | Yes (X) | ||
| JENNIFER BIRMINGHAM | |||||||
| SECRETARY/GE | 60.00 | $0 | $362,019 | $25,773 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Reportable Comp Rltd Org | $1,979,574 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $101,952 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NORTHMARQ CAPITAL | |||||
| 1 PENN PLAZA SUITE 1421 | NEW YORK | NY | 101191421 | FINANCING | $735,483 |
| EDISON TAX COLLECTOR | |||||
| 100 MUNICIPAL BLVD | EDISON | NJ | 08817 | GOVERNMENT | $377,128 |
| WASTE MANAGEMENT | |||||
| PO BOX 13648 | PHILADELPHIA | PA | 19101 | REFUSE REMOVAL | $153,970 |
| AMERICAN LANDSCAPE | |||||
| 586 SOUTH MIDDLEBUSH ROAD | SOMERSET | NJ | 08873 | LANDSCAPING | $139,898 |
| COLLECTOR - TWP OF EDISON | |||||
| PO BOX 3011 | EDISON | NJ | 088183011 | SEWER | $118,160 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|
| 125/175 MAY ST., EDISON, NJ | $2,540,091 | $2,540,091 |
| 1175 MID VALLEY DR., OLYPHANT | $386,676 | $386,676 |
| 1232 MID VALLEY DR.,JESSUP | $300,628 | $300,628 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,227,395 | TotalProgramServiceRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROPERTY TAX REFUND | Desc |
| Total Revenue Column | $95,145 | TotalRevenueColumnAmt |
| Exclusion | $95,145 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $95,145 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,322,540 | TotalRevenueColumnAmt |
| Exclusion | $3,322,540 | ExclusionAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,739 | TotalAmt |
| Program Services | $21,739 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,383,747 | TotalAmt |
| Program Services | $2,383,747 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $577,182 | TotalAmt |
| Program Services | $577,182 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| REPAIRS | $148,479 | $148,479 |
| MISCELLANEOUS EXPENSE | $4,935 | $4,935 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,136,082 | TotalAmt |
| Program Services | $3,136,082 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,426,545 | BOYAmt |
| EOY | $3,597,140 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,500 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,363 | BOYAmt |
| EOY | $63,590 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $21,604,110 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,586,253 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,867,718 | BOYAmt |
| EOY | $15,017,857 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $235,888 | BOYAmt |
| EOY | $112,775 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,740,014 | BOYAmt |
| EOY | $18,791,362 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,918 | BOYAmt |
| EOY | $142,708 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,181,547 | BOYAmt |
| EOY | $6,867,037 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,409,484 | BOYAmt |
| EOY | $11,511,094 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,655,949 | BOYAmt |
| EOY | $18,520,839 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,065 | BOYAmt |
| EOY | $270,523 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,065 | BOYAmt |
| EOY | $270,523 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,740,014 | BOYAmt |
| EOY | $18,791,362 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $186,458 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type2 | Yes (X) | SupportingOrgType2Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSCULOSKELETAL TRANSPLANT FOUNDATION INC | BusinessNameLine1Txt |
| Business Name Line2 | MUSCULOSKELETAL TRANSPLANT FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222803458 | EIN |
| Organization Type | 10 | OrganizationTypeCd |
| Governing Document Listed | Yes (true) | GoverningDocumentListedInd |
| Support | $0 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | false | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | false | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Majority Dir Trst Supported Org | Yes (true) | MajorityDirTrstSupportedOrgInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,899,923 | OtherCostOrOtherBasisAmt |
| Book Value | $2,899,923 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,422,908 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,477,338 | DepreciationAmt |
| Book Value | $11,945,570 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $281,279 | OtherCostOrOtherBasisAmt |
| Depreciation | $108,915 | DepreciationAmt |
| Book Value | $172,364 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $15,017,857 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO AFFILIATE | $11,498,475 |
| SECURITY DEPOSIT | $12,619 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $11,511,094 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,322,540 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $3,322,540 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $3,322,540 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,136,082 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $3,136,082 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $3,136,082 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | UNCERTAIN TAX POSITIONS BIOCON FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE- LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. BIOCON HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT WAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. BIOCON HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS FOR THE YEAR ENDING DECEMBER 31, 2016. |
| SCHEDULE D, PAGE 4, PART XIII | SCHEDULE D, PART VI, LINE 1E, OTHER: THE AMOUNTS SHOWN ON THE REFERENCED LINE ARE FOR DEPRECIABLE LAND IMPROVEMENTS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|---|
| BRUCE W STROEVER | |||||
| PRESIDENT/CEO | $674,550 | $209,130 | $38,918 | $34,131 | $956,729 |
| MICHAEL J KAWAS | |||||
| TREASURER/CFO | $449,650 | $123,650 | $3,657 | $42,048 | $619,005 |
| JENNIFER BIRMINGHAM | |||||
| SECRETARY/GEN COUNS | $285,000 | $74,500 | $2,519 | $25,773 | $387,792 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PAGE 1, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | BIOCON IS THE SOLE CORPORATE MEMBER OF THE MUSCULOSKELETAL TRANSPLANT FOUNDATION, INC., (MTF). THE BOARD OF DIRECTORS AND OFFICERS OF BIOCON OVERLAPS THAT OF MTF WITH BIOCON HAVING THE EXCLUSIVE RIGHT TO ELECT OR APPOINT ALL MEMBERS OF THE BOARD OF DIRECTORS OF MTF. BELOW IS AN OUTLINE OF MTF'S PROCESS USED TO ESTABLISH COMPENSATION LEVELS FOR EXECUTIVE AND OFFICER COMPENSATION. EXECUTIVE COMPENSATION REVIEW: EACH YEAR, MTF REVIEWS AND ASSESSES THE REASONABLENESS OF TOTAL COMPENSATION ARRANGEMENTS FOR THE EXECUTIVE TEAM, INCLUDING THE CEO. THE ANALYSIS INCORPORATES COMPENSATION SURVEY DATA, FORM 990'S OF COMPANIES OF RELATED INDUSTRIES AND SIMILAR SIZE. A BLEND OF BOTH FOR-PROFIT AND NOT- FOR-PROFIT COMPANIES IS USED. EVERY THIRD YEAR, MTF RETAINS THE SERVICES OF AN INDEPENDENT COMPENSATION CONSULTANT TO ASCERTAIN AND DETERMINE THAT MTF IS PAYING AND PROVIDING A REASONABLE TOTAL COMPENSATION PACKAGE TO THEIR EXECUTIVES AND TO PROVIDE AN OPINION LETTER OF THEIR FINDINGS. COMPENSATION COMMITTEE REVIEW: MTF'S BOARD OF DIRECTORS ESTABLISHED A COMPENSATION COMMITTEE IN 1995. THE RESPONSIBILITY OF THE COMMITTEE INCLUDES APPROVAL OF EXECUTIVE AND STAFF COMPENSATION AND CHANGES TO BENEFITS AND REPORTING SUCH APPROVALS TO THE BOARD. THE COMPENSATION COMMITTEE TYPICALLY MEETS SEMI-ANNUALLY TO REVIEW MERIT AND BONUS RECOMMENDATIONS. A COPY OF THE COMPENSATION COMMITTEE'S CHARTER, AGENDAS, MEETING MATERIALS, AND MEETING MINUTES ARE MAINTAINED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | BIOCON, INC. (BIO) WAS FORMED TO SERVE AS THE SOLE VOTING MEMBER OF, AND ACT AS THE HOLDING COMPANY FOR, "MUSCULOSKELETAL TRANSPLANT FOUNDATION INC." (MTF) A NON-PROFIT 501(C) ORGANIZATION AND "DEUTSCHES INSTITUT FUR ZELL-UND GEWEBEERSATZ GMBH" (DIZG) A GERMAN NON-PROFIT ORGANIZATION. MTF'S MISSION IS TO PROVIDE QUALITY ALLOGRAFT TISSUES FOR TRANSPLANTATION, RESEARCH AND EDUCATION. DIZG SPECIALIZES IN CULTURING AND DISTRIBUTION OF KERATINOCYTES, MUSCULOSKELETAL, AND OTHER TISSUE FORMS. BIOCON, AS HOLDING COMPANY, HAS AUTHORITY TO APPROVE FUNDAMENTAL AMENDMENTS TO ORGANIZATIONAL DOCUMENTS AND TO APPROVE CERTAIN CORPORATE TRANSACTIONS SUCH AS MERGERS AND DISSOLUTIONS. BIOCON ALSO HAS THE EXCLUSIVE RIGHT TO ELECT OR APPOINT ALL MEMBERS OF THE BOARD OF DIRECTORS OF MTF AND DIZG. BIOCON CONTINUES TO MONITOR AND GUIDE THE ACTIVITIES OF MTF AND DIZG, AS WELL AS ANY AFFILIATES THAT MAY BE FORMED OR ACQUIRED IN THE FUTURE, TO FOSTER THE PROVISION OF HIGH QUALITY HUMAN ALLOGRAFT TISSUE TO THE COMMUNITY THROUGH THE MOST ECONOMICAL AND EFFICIENT SYSTEM POSSIBLE. |
| FORM 990 | FORM 990, PART IV, QUESTIONS 14A AND 14B - BIOCON, INC NOTES THAT IT ANSWERED "NO" TO FORM 990, PART IV, QUESTION 14A AND 14B BECAUSE ITS ONLY INTERNATIONAL ACTIVITY CONSISTS OF DIZG ACTIVITY. 2016 ACTIVITY FOR DIZG IS SUMMARIZED ON FORM 5471. |
| FORM 990, PAGE 2, PART III, LINE 4A | HTTP://WWW.MTF.ORG/DONOR_FAMILY_STORIES.HTML AND ALSO ON ITS YOUTUBE CHANNEL AT WWW.YOUTUBE.COM/USER/THEMTF1. STORIES ABOUT DONOR RECIPIENTS ARE ALSO AVAILABLE ON MTF'S WEBSITE AT HTTP://WWW.MTF.ORG/RECIPIENT_STORIES.HTML. |
| FORM 990, PART V, LINE 4B | GERMANY |
| FORM 990, PART VI | PART VI, QUESTION 1A - THE BOARD OF DIRECTORS HAS TEN MEMBERS INCLUDING TWO NON-VOTING DIRECTORS EMERITUS. |
| FORM 990, PAGE 6, PART VI, LINE 6 | BIOCON, INC.'S ARTICLES OF INCORPORATION AND BY-LAWS SPECIFICALLY PROHIBIT THE EXISTENCE OF MEMBERS/STOCKHOLDERS. INSTEAD, THE COMPANY IS GOVERNED BY ITS BOARD OF DIRECTORS. DIRECTORS SERVE A TERM OF SIX YEARS. HOWEVER, THE BOARD OF DIRECTORS OF BIOCON, INC. OVERLAPS THAT OF THE MUSCULOSKEL- ETAL TRANSPLANT FOUNDATION, INC. WITH ITS VARIOUS MEMBER ORGANIZATIONS. THUS, MTF AND ITS MEMBER ORGANIZATIONS HAVE SOME DEGREE OF INFLUENCE ON BIOCON, INC. |
| FORM 990, PAGE 6, PART VI, LINE 11B | MEMBERS OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS WERE PROVIDED WITH A PAPER COPY OF FORM 990. THE 990 WAS REVIEWED AT AN OPEN MEETING OF THE AUDIT COMMITTEE. SUBSEQUENT TO MODIFICATIONS, IF ANY, AS A RESULT OF THE MEETING, THE 990 IS CIRCULATED TO ALL OF THE MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR FINAL REVIEW AND APPROVAL BEFORE FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | MTF SENDS A COMPREHENSIVE QUESTIONNAIRE ANNUALLY TO BOARD MEMBERS REQUESTING DISCLOSURE OF ANY CONFLICTS OF INTEREST. OFFICERS AND KEY EMPLOYEES ARE EXPECTED TO VOLUNTARILY DISCLOSE ANY CONFLICTS OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE CEO RECEIVES NO COMPENSATION FOR DUTIES ASSOCIATED WITH BIOCON, INC. AND RELATED DISREGARDED ENTITIES. HE IS PAID BY A RELATED ORGANIZATION CALLED THE MUSCULOSKELETAL TRANSPLANT FOUNDATION, INC. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE TREASURER AND SECRETARY RECEIVE NO COMPENSATION FOR DUTIES RELATED TO BIOCON, INC. AND RELATED DISREGARDED ENTITIES. THEY ARE PAID BY A RELATED ORGANIZATION CALLED THE MUSCULOSKELETAL TRANSPLANT FOUNDATION, INC. |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST, BIOCON, INC., WILL PROVIDE PUBLIC DOCUMENTS THROUGH EMAIL, MAILINGS, AND OFFICE VISITS. |
| FORM 990, PART VII | PART VII - BOARD OF DIRECTORS COMPENSATION - THE BOARD OF DIRECTORS RECEIVES NO COMPENSATION FROM BIOCON, INC. FOR ITS ACTIVITIES. THE BOARD MEMBERS ARE PAID HONORARIUMS AND REIMBURSED FOR REASONABLE TRAVEL COSTS ASSOCIATED WITH BOARD MEETINGS BY A RELATED ORGANIZATION - THE MUSCULOSKELETAL TRANSPLANT FOUNDATION, INC. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| MAY STREET MEDICAL LLC | |||||||||
| 125 MAY STREET | EDISON | NJ | 08837 | 223751785 | SEE PT VII | DE | $2,635,236 | $12,119,595 | BIOCON |
| OLYPHANT LLC | |||||||||
| 125 MAY STREET | EDISON | NJ | 08837 | 223619257 | SEE PT VII | DE | $386,676 | $4,046,583 | BIOCON |
| JESSUPPRTB LLC | |||||||||
| 125MAY STREET | EDISON | NJ | 08837 | 223619257 | SEE PT VII | PA | $300,628 | $2,625,115 | BIOCON |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Business Name Line2DisregardedEntityName/BusinessNameLine2Txt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MUSCULOSKELETAL TRANSPLANT | |||||||||||||||
| FOUNDATION INC | 125 MAY STREET | EDISON | NJ | 08837 | 222803458 | CHARITY | DC | 501C3 | 10 | BIOCON | Yes (true) | ||||
| DEUTSCHES INSTITUT FUR ZELL-UND | |||||||||||||||
| GEWEBEERSATZ GMBH | SEE PT VII | BIOCON | Yes (true) | INNOVATIONSPK WM-V-ARDENE BLDG 42 | BERLIN | GM | GM | ||||||||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEUTSCHES INSTITUT FUR ZELL-UND | BusinessNameLine1Txt |
| Business Name Line2 | GEWEBEERSATZ GMBH | BusinessNameLine2Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | INNOVATIONSPK W M-V-ARDN BLDG 42 | AddressLine1Txt |
| City | BERLIN | CityNm |
| Country | GM | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | SEE PT VII | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | GM | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C CORP | EntityTypeTxt |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (true) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | Yes (true) | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (11 entries)
| Business Name Line2OtherOrganizationName/BusinessNameLine2Txt | Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|---|
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | A | $386,676 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | A | $2,540,091 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | H | $310,200 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | M | $139,234 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | M | $372,692 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | R | $392,478 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | R | $115,409 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | R | $335,713 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | E | $2,634,265 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | A | $300,628 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | R | $205,000 | ACCTG BOOKS/RECORDS |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | SCHEDULE R RELATED ORGANIZATIONS AND UNRELATED PARTNERSHIPS SCHEDULE R, PART I(B): MAY STREET MEDICAL, LLC. - RENTAL REAL ESTATE OLYPHANT, L.L.C. - RENTAL REAL ESTATE JESSP/PRTB L.L.C. - RENTAL REAL ESTATE SCHEDULE R, PART II(B): MUSCULOSKELETAL TRANSPLANT FOUNDATION, INC. - TISSUE BANK DEUTSCHES INSTITUT FUR ZELL-UND GEWEBEERSATZ GMBH - RESEARCH SCHEDULE R, PART IV, LINE 1: DEUTSCHES INSTITUT FUR ZELL-UND GEWEBEERSATZ GMBH - TISSUE BANK DIZG, GMBH HAS BEEN DETERMINED TO HAVE SOME TAX-EXEMPT ACTIVITIES AS WELL AS TAXABLE ACTIVITIES IN GERMANY. THUS, DIZG IS SHOWN AS BOTH AN EXEMPT AND TAXABLE ORGANIZATION ON SCHEDULE R. DIZG IS A BROTHER/SISTER ENTITY RELATIVE TO MTF AND IS WHOLLY OWNED BY BIOCON, INC. SCHEDULE R, PART V, LINE 2, PAGES 1 AND 2: ITEMS (3), (7) AND (8) ARE TRANSACTIONS BETWEEN MUSCULOSKELETAL TRANSPLANT FOUNDATION, INC. (MTF) AND DEUTSCHES INSTITUT FUR ZELL-UND GEWEBEERSATZ GMBH (DIZG). THEY DID NOT OCCUR BETWEEN MTF AND BIOCON, BUT ARE INCLUDED BECAUSE DIZG IS WHOLLY OWNED BY BIOCON AND ALSO FOR GREATER TRANSPARENCY. DURING 2016, DIZG REPAID MTF OUTSTANDING ADVANCES TOTALING 335,713. MTF ALSO SOLD TISSUE TO DIZG IN THE AMOUNT OF 310,200. GIVEN THESE CIRCUMSTANCES, NO FORM 926 FILING BY MTF WAS DEEMED NECESSARY. | ExplanationTxt |