2016-11-15T15:16:36-06:00 2015-12-31 990 2015-01-01 223619257 BIOCON INC BIOC 7326610202 125 MAY STREET EDISON NJ 08837 MICHAEL J KAWAS TREASURER/CFO 7326610202 2016-11-15 2016-11-15 2015 2017-02-10 21:41:12Z BRUCE W STROEVER 3669579 false X N/A X 1998 DC 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 9 8 0 0 0 3389531 3502006 0 186 167573 3389717 3669579 0 0 0 0 0 2945320 3226043 2945320 3226043 444397 443536 15456398 15740014 15815869 15655949 -359471 84065 X 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 false false 3226043 3502006 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. 3226043 true false false false false false false false false false true false false false true true true true false false false false false false false false false false false true false false false false false false false false false false false false true true true true false false true X 5 0 true 0 false true GM false false false false false false false false X 9 8 false false false false true false false true true false false true true true true true true true true false NJ X MICHAEL J KAWAS 7326610202 125 MAY STREET EDISON NJ 08837 X WILLIAM W TOMFORD MD CHAIRMAN 2.00 X 0 50000 0 MARK BOLANDER MD BOD 1.00 X 0 38000 0 DONALD HACKBARTH MD VICE CHAIRMA 1.00 X 0 13000 0 GERALD FINERMAN MD BOD 1.00 X 0 12000 0 DAN M SPENGLER MD BOD 1.00 X 0 11000 0 ALAN MILANAZZO BOD 1.00 X 0 11000 0 JOSEPH A BUCKWALTER MD BOD 1.00 X 0 10000 0 ALLAN GROSS MD BOD 1.00 X 0 6000 0 VICTOR FRANKEL MD PHD DIRECTOR EME 1.00 X 0 3000 0 JOSEPH ZUCKERMAN MD BOD 1.00 X 0 3000 0 BRUCE W STROEVER PRESIDENT/CE 60.00 X 0 906608 37003 MICHAEL J KAWAS TREASURER/CF 60.00 X 0 558446 45054 MARTHA ANDERSON SECRETARY 60.00 X 0 455983 37253 2078037 119310 false true false NORTHMARQ CAPITAL 1 PENN PLAZA SUITE 1421 NEW YORK NY 101191421 FINANCING 736111 EDISON TAX COLLECTOR 100 MUNICIPAL BLVD EDISON NJ 08817 GOVERNMENT 447899 AMERICAN LANDSCAPE 586 SOUTH MIDDLEBUSH ROAD SOMERSET NJ 08873 LANDSCAPING 200159 WASTE MANAGEMENT PO BOX 13648 PHILADELPHIA PA 19101 REFUSE REMOVAL 149655 CARRIER CORP 1095 CRANBURY SO RIVER RD STE 23 JAMESBURG NJ 08831 HVAC 129663 6 125/175 MAY ST., EDISON, NJ 3030507 3030507 1175 MIDVALLEY DR., OLYPHANT 471499 471499 3502006 TRANSCO PIPELINE 167500 167500 MISCELLANEOUS INCOME 73 73 167573 3669579 3669579 773400 773400 766695 766695 530877 530877 MANAGEMENT FEES 500698 500698 CLEANING/MAINTENANCE 301121 301121 REPAIRS 212567 212567 WASTE REMOVAL 137208 137208 3477 3477 3226043 3226043 0 0 1750388 2426545 162500 27946 47363 18884843 6017125 13381290 12867718 296774 235888 15456398 15740014 23998 64918 7479262 7181547 8312609 8409484 15815869 15655949 X -359471 84065 -359471 84065 15456398 15740014 443536 X false true X true false X X 1 MUSCULOSKELETAL TRANSPLANT FOUNDATION INC MUSCULOSKELETAL TRANSPLANT FOUNDATION 222803458 9 true 0 0 1 0 true false false false false false false false false false false false false false false true 2636496 2636496 16043819 5947001 10096818 204528 70124 134404 12867718 DUE TO AFFILIATE 8385542 SECURITY DEPOSIT 23942 8409484 X 3669579 3669579 3669579 3226043 3226043 3226043 SCHEDULE D, PAGE 3, PART X ASC 740-10 REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED UPON A "MORE LIKELY, THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION ADOPTED THE PROVISIONS OF ASC 740-10 IN FISCAL 2009. THE ORGANZIATION HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT MEET THE CRITERIA UNDER ASC 740-10. 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. X X X X X X false false false false false false false false false BRUCE W STROEVER PRESIDENT/CEO 643319 223750 39539 15900 21103 943611 MICHAEL J KAWAS TREASURER/CFO 425089 129700 3657 15900 29154 603500 MARTHA ANDERSON SECRETARY 346044 105500 4439 15508 21745 493236 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. 2015 ACTIVITY FOR DIZG IS SUMMARIZED ON FORM 5471. FORM 990, PAGE 2, PART III, LINE 4A 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. FORM 990, PART V, LINE 4B GERMANY FORM 990, PART VI PART VI, QUESTION 1A - THE BOARD OF DIRECTORS HAS NINE MEMBERS INCLUDING ONE NON-VOTING DIRECTOR 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. MAY STREET MEDICAL LLC 125 MAY STREET EDISON NJ 08837 223751785 SEE PT VII DE 784884 11460256 NA OLYPHANT LLC 125 MAY STREET EDISON NJ 08837 223619257 SEE PT VII DE -341349 4279688 NA JESSUPPRTB LLC 125MAY STREET EDISON NJ 08837 223619257 SEE PT VII PA NA MUSCULOSKELETAL TRANSPLANT FOUNDATION INC 125 MAY STREET EDISON NJ 08837 222803458 CHARITY DC 501C3 9 NA false DEUTSCHES INSTITUT FUR ZELL-UND GEWEBEERSATZ GMBH INNOVATIONSPK WM-V-ARDENE BLDG 42 BERLIN GM SEE PT VII GM NA false DEUTSCHES INSTITUT FUR ZELL-UND GEWEBEERSATZ GMBH INNOVATIONSPK W M-V-ARDN BLDG 42 BERLIN GM SEE PT VII GM NA C CORP false true false false false false false false true false false false false true false false false false true false MUSCULOSKELETAL TRANSPLANT FOUNDATION INC A 471499 ACCTG BOOKS/RECORDS MUSCULOSKELETAL TRANSPLANT FOUNDATION INC A 3030507 ACCTG BOOKS/RECORDS MUSCULOSKELETAL TRANSPLANT FOUNDATION INC H 252000 ACCTG BOOKS/RECORDS MUSCULOSKELETAL TRANSPLANT FOUNDATION INC M 141159 ACCTG BOOKS/RECORDS MUSCULOSKELETAL TRANSPLANT FOUNDATION INC M 359538 ACCTG BOOKS/RECORDS MUSCULOSKELETAL TRANSPLANT FOUNDATION INC R 364243 ACCTG BOOKS/RECORDS MUSCULOSKELETAL TRANSPLANT FOUNDATION INC R 125210 ACCTG BOOKS/RECORDS MUSCULOSKELETAL TRANSPLANT FOUNDATION INC R 311581 ACCTG BOOKS/RECORDS SCHEDULE R 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 2015, DIZG REPAID MTF OUTSTANDING ADVANCES TOTALING 311,581. MTF ALSO SOLD TISSUE TO DIZG IN THE AMOUNT OF 252,000. GIVEN THESE CIRCUMSTANCES, NO FORM 926 FILING BY MTF WAS DEEMED NECESSARY.