MASSACHUSETTS GREEN HIGH PERFORMANCE COMPUTING CENTER INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- MASSACHUSETTS GREEN HIGH PERFORMANCE COMPUTING CENTER INC (EIN 27-3014805)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-15
- IRS object ID
- 201531359349303473
- Schema version
- 2013v4.0
- 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 | 2015-05-15T10:22:10-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BOSTON PLACE SUITE 500 | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02108 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273014805 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MASSACHUSETTS GREEN HIGH PERFORMANCE | BusinessNameLine1 |
| Business Name Line2 | COMPUTING CENTER INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CLAIRE CHRISTOPHERSON | InCareOfNm |
| Business Name Control | MASS | BusinessNameControlTxt |
| Phone | 4135524902 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 BIGELOW STREET | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | HOLYOKE | City |
| State | MA | State |
| ZIP Code | 01040 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS NEDELL | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6176481400 | PhoneNum |
| Signature | 2015-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LEONARD J BERKOWITZ | PreparerPersonNm |
| PTIN | P00872822 | PTIN |
| Phone | 6176481400 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN GOODHUE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 BIGELOW STREET | AddressLine1 |
| City | HOLYOKE | City |
| State | MA | State |
| ZIP Code | 01040 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,786,100 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | http://www.mghpcc.org/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2010 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | Maintain a facility which will house a high performance computer center to support, assist, enhance, and advance the scientific research activities of its member universities. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $12,838,895 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,530,627 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,904,978 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,255,473 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $14,743,873 | PYTotalRevenueAmt |
| CY Total Revenue | $7,786,100 | 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 | $570,925 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,479,830 | PYOtherExpensesAmt |
| CY Other Expenses | $7,978,395 | CYOtherExpensesAmt |
| PY Total Expenses | $4,050,755 | PYTotalExpensesAmt |
| CY Total Expenses | $7,978,395 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $10,693,118 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$192,295 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $79,847,758 | TotalAssetsBOYAmt |
| Total Assets EOY | $81,310,250 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,181,764 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,836,551 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $74,665,994 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $74,473,699 | NetAssetsOrFundBalancesEOYAmt |
| Mission | to own, maintain and lease a facility, which will house a high performance computing center to support, assist, enhance, and advance the scientific research activities of its member universities. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $7,734,090 | ExpenseAmt |
| Revenue | $7,786,100 | RevenueAmt |
| Desc | to develop, construct, own and lease a facility, which will house a high performance computing center to support, assist, enhance, and advance the scientific research activities of its member universities. | Desc |
| Total Program Service Expenses | $7,734,090 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| 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 | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | 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 | false | 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 |
| IRP Document | 9 | 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 | false | ForeignFinancialAccountInd |
| 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 | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | 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 | Yes (true) | 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 | false | 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 | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CLAIRE CHRISTOPHERSON | PersonNm |
| Phone | 4135524902 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 BIGELOW STREET | AddressLine1 |
| City | Holyoke | City |
| State | MA | State |
| ZIP Code | 01040 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 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 | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Joseph E Aoun | |||||||||
| Director (OUTGOING) | 1.0 | 40.0 | Yes (X) | $0 | $865,028 | $232,982 | |||
| Robert A Brown | |||||||||
| director | 1.0 | 55.0 | Yes (X) | $0 | $930,409 | $532,785 | |||
| martin schmidt | |||||||||
| director (OUTGOING) | 1.0 | 60.0 | Yes (X) | $0 | $300,277 | $106,084 | |||
| anne margulies | |||||||||
| director | 1.0 | 55.0 | Yes (X) | $0 | $355,607 | $55,643 | |||
| thomas chmura | |||||||||
| DIRECTOR & FORMER PRESIDENT | 1.0 | 40.0 | Yes (X) | $0 | $245,630 | $50,714 | Yes (X) | ||
| melvin bernstein | |||||||||
| PRESIDENT & director | 1.0 | 40.0 | Yes (X) | $0 | $334,803 | $53,729 | Yes (X) | ||
| maria zuber | |||||||||
| director | 1.0 | 60.0 | Yes (X) | $0 | $368,471 | $109,534 | |||
| robert solis | |||||||||
| Director | 1.0 | 40.0 | Yes (X) | $0 | $238,021 | $47,948 | |||
| Richard Mccullough | |||||||||
| director | 1.0 | 55.0 | Yes (X) | $0 | $435,326 | $52,965 | |||
| GLORIA WATERS | |||||||||
| DIRECTOR | 1.0 | 55.0 | Yes (X) | $0 | $361,251 | $34,469 | |||
| ANTHONY SHARON | |||||||||
| DIRECTOR | 1.0 | 60.0 | Yes (X) | $0 | $353,987 | $63,246 | |||
| REHAN KHAN | |||||||||
| DIRECTOR | 1.0 | 40.0 | Yes (X) | $0 | $352,482 | $44,872 | |||
| allen marcum | |||||||||
| Treasurer (outgoing) | 1.0 | 60.0 | $0 | $186,187 | $48,558 | Yes (X) | |||
| john goodhue | |||||||||
| executive director | 60.0 | 1.0 | $0 | $227,141 | $74,343 | Yes (X) | |||
| claire christopherson | |||||||||
| clerk | 50.0 | 1.0 | $0 | $106,767 | $23,568 | Yes (X) | |||
| THOMAS NEDELL | |||||||||
| TREASURER | 1.0 | 60.0 | $0 | $427,943 | $51,784 | Yes (X) | |||
| james culbert | |||||||||
| it technical lead | 50.0 | 1.0 | $0 | $190,759 | $24,970 | Yes (X) | |||
| KEVIN HELM | |||||||||
| FACILITY MANAGEMENT DIRECTOR | 40.0 | 1.0 | $0 | $112,316 | $18,167 | Yes (X) | |||
| andrei ruckenstein | |||||||||
| former president | 1.0 | 55.0 | $0 | $338,715 | $59,632 | Yes (X) | |||
| GILLIAM EMMONS | |||||||||
| FORMER TREASURER | 1.0 | 55.0 | $0 | $246,315 | $54,461 | Yes (X) | |||
| CARA ELLIS MCCARTHY | |||||||||
| FORMER OFFICER | 1.0 | 55.0 | $0 | $104,541 | $45,705 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $7,081,976 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,786,159 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| turner construction company | |||||
| two seaport lane suite 200 | BOSTON | MA | 02210 | CONSTRUCTION | $1,006,644 |
| DTZ SERVICES | |||||
| 275 GROVE ST SUITE 3-200 | AUBURNDALE | MA | 02466 | FACILITY MANAGEMENT | $712,497 |
| PRESIDIO NETWORKED SOLUTIONS | |||||
| 10 SIXTH RD | WOBURN | MA | 01801 | IT SERVICES | $195,561 |
| SIEMENS INDUSTRY INC | |||||
| 104 SEBETHE DRIVE | CROMWELL | CT | 06416 | FACILITY SERVICES | $194,740 |
| SCHNEIDER ELECTRIC | |||||
| 800 FEDERAL ST | ANDOVER | MA | 01810 | FACILITY SERVICES | $284,906 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,863,961 | GovernmentGrantsAmt |
| All Other Contributions | $1,666,666 | AllOtherContributionsAmt |
| Total Contributions | $3,530,627 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEES & SERVICES | Desc |
| Business | 221000 | BusinessCd |
| Total Revenue Column | $4,255,473 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,255,473 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,255,473 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,786,100 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,255,473 | RelatedOrExemptFuncIncomeAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,000 | TotalAmt |
| Management And General | $22,000 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,293 | TotalAmt |
| Management And General | $44,293 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,130 | TotalAmt |
| Program Services | $71,130 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,659 | TotalAmt |
| Program Services | $24,659 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $176,574 | TotalAmt |
| Program Services | $176,574 | ProgramServicesAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,449,808 | TotalAmt |
| Program Services | $5,449,808 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $214 | TotalAmt |
| Program Services | $214 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $405,781 | TotalAmt |
| Program Services | $405,781 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,090 | TotalAmt |
| Program Services | $43,273 | ProgramServicesAmt |
| Management And General | $41,817 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| FEES, PERMITS, & LICENSES | $1,893 | $1,893 |
| MINOR EQUIPMENT | $182,681 | $182,681 |
| TEMP STAFF | $50,096 | $50,096 |
| PILOT | $80,000 | $80,000 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,384,176 | TotalAmt |
| Program Services | $1,247,981 | ProgramServicesAmt |
| Management And General | $136,195 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,978,395 | TotalAmt |
| Program Services | $7,734,090 | ProgramServicesAmt |
| Management And General | $244,305 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,384,222 | BOYAmt |
| EOY | $1,812,059 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,161,013 | BOYAmt |
| EOY | $2,587,832 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,073,893 | BOYAmt |
| EOY | $1,259,935 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,976,587 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $602,788 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,612,930 | BOYAmt |
| EOY | $10,373,799 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,516,358 | BOYAmt |
| EOY | $64,811,818 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,342 | BOYAmt |
| EOY | $464,807 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,847,758 | BOYAmt |
| EOY | $81,310,250 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,268,775 | BOYAmt |
| EOY | $2,075,918 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $912,989 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $4,760,633 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,181,764 | BOYAmt |
| EOY | $6,836,551 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,665,994 | BOYAmt |
| EOY | $74,473,699 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,665,994 | BOYAmt |
| EOY | $74,473,699 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,847,758 | BOYAmt |
| EOY | $81,310,250 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$192,295 | 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 Type1 | Yes (X) | SupportingOrgType1Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Supported Org Information SupportedOrgInformationGrp (5 entries)
| EINEIN | Organization TypeOrganizationTypeDesc | Governing Document ListedGoverningDocumentListedInd | Supported Org NotifiedSupportedOrgNotifiedInd | US OrganizedUSOrganizedInd | SupportSupportAmt |
|---|---|---|---|---|---|
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | |||||
| 042103594 | 0 | Yes (true) | Yes (true) | Yes (true) | $0 |
| NORTHEASTERN UNIVERSITY | |||||
| 041679980 | 0 | Yes (true) | Yes (true) | Yes (true) | $0 |
| UNIVERSITY OF MASSACHUSETTS | |||||
| 043167352 | 0 | Yes (true) | Yes (true) | Yes (true) | $0 |
| BOSTON UNIVERSITY | |||||
| 042103547 | 0 | Yes (true) | Yes (true) | Yes (true) | $0 |
| HARVARD UNIVERSITY | |||||
| 042103580 | 0 | Yes (true) | Yes (true) | Yes (true) | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 5 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,892,159 | OtherCostOrOtherBasisAmt |
| Book Value | $4,892,159 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,118,318 | OtherCostOrOtherBasisAmt |
| Depreciation | $600,884 | DepreciationAmt |
| Book Value | $3,517,434 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,966,110 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,904 | DepreciationAmt |
| Book Value | $1,964,206 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $10,373,799 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT IN MGHPCC LL LLC | Desc |
| Book Value | $64,811,818 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $64,811,818 | TotalBookValueProgramRltdAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED RENT PAYABLE | $3,810,633 |
| WORKING CASH ADVANCES | $950,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,760,633 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2 | FormAndLineReferenceDesc |
| Explanation | MGHPCC INC and MGHPCC Holyoke are exempt from income taxes under the provisions of Internal Revenue Code Section 501 (c)(3), except for unrelated business income as defined in the Code. LEVERAGE LENDER is a multi-owner limited liability company and is treated as a partnership for tax purposes. LEVERAGE LENDERs federal tax status as a pass-through entity is based on its legal status as a limited liability company. Accordingly, LEVERAGE LENDER is not required to take any tax position in order to qualify as a pass-through entity. Accounting principles generally accepted in the United States of America require a company to evaluate its tax positions and recognize a tax liability or asset for uncertain positions that ''more likely than not'' would not be sustained upon examination by the Internal Revenue Service. MGHPCC INC and Affiliated Entities performed an evaluation of uncertain tax positions and determined that there was no unrelated business income, and do not have any tax liability related to uncertain tax positions for fiscal years 2014 and 2013. MGHPCC INC and Affiliated Entities file tax returns with the IRS and other tax authorities. Accordingly, these financial statements do not reflect a provision for income taxes and have no tax positions that must be considered for disclosure. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2011 remain open. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | 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 (19 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joseph E Aoun | ||||||||||||||
| Director (OUTGOING) | $0 | $725,764 | $0 | $85,000 | $0 | $54,264 | $0 | $99,050 | $0 | $133,932 | $0 | $1,098,010 | $0 | $0 |
| Robert A Brown | ||||||||||||||
| director | $0 | $828,861 | $0 | $0 | $0 | $101,548 | $0 | $280,660 | $0 | $252,125 | $0 | $1,463,194 | $0 | $0 |
| andrei ruckenstein | ||||||||||||||
| former president | $0 | $326,319 | $0 | $0 | $0 | $12,396 | $0 | $33,910 | $0 | $25,722 | $0 | $398,347 | $0 | $0 |
| martin schmidt | ||||||||||||||
| director (OUTGOING) | $0 | $299,714 | $0 | $0 | $0 | $563 | $0 | $33,150 | $0 | $72,934 | $0 | $406,361 | $0 | $0 |
| anne margulies | ||||||||||||||
| director | $0 | $334,975 | $0 | $20,000 | $0 | $632 | $0 | $32,565 | $0 | $23,078 | $0 | $411,250 | $0 | $0 |
| thomas chmura | ||||||||||||||
| DIRECTOR & FORMER PRESIDENT | $0 | $245,630 | $0 | $0 | $0 | $0 | $0 | $46,961 | $0 | $3,753 | $0 | $296,344 | $0 | $0 |
| melvin bernstein | ||||||||||||||
| PRESIDENT & director | $0 | $322,059 | $0 | $0 | $0 | $12,744 | $0 | $25,500 | $0 | $28,229 | $0 | $388,532 | $0 | $0 |
| maria zuber | ||||||||||||||
| director | $0 | $338,665 | $0 | $24,155 | $0 | $5,651 | $0 | $38,250 | $0 | $71,284 | $0 | $478,005 | $0 | $0 |
| robert solis | ||||||||||||||
| Director | $0 | $238,021 | $0 | $0 | $0 | $0 | $0 | $42,784 | $0 | $5,164 | $0 | $285,969 | $0 | $0 |
| Richard Mccullough | ||||||||||||||
| director | $0 | $396,925 | $0 | $0 | $0 | $38,401 | $0 | $32,565 | $0 | $20,400 | $0 | $488,291 | $0 | $0 |
| allen marcum | ||||||||||||||
| Treasurer (outgoing) | $0 | $186,187 | $0 | $0 | $0 | $0 | $0 | $25,512 | $0 | $23,046 | $0 | $234,745 | $0 | $0 |
| john goodhue | ||||||||||||||
| executive director | $0 | $227,141 | $0 | $0 | $0 | $0 | $0 | $45,344 | $0 | $28,999 | $0 | $301,484 | $0 | $0 |
| james culbert | ||||||||||||||
| it technical lead | $0 | $190,759 | $0 | $0 | $0 | $0 | $0 | $21,120 | $0 | $3,850 | $0 | $215,729 | $0 | $0 |
| THOMAS NEDELL | ||||||||||||||
| TREASURER | $0 | $382,323 | $0 | $30,960 | $0 | $14,660 | $0 | $25,500 | $0 | $26,284 | $0 | $479,727 | $0 | $0 |
| GLORIA WATERS | ||||||||||||||
| DIRECTOR | $0 | $327,000 | $0 | $0 | $0 | $34,251 | $0 | $33,910 | $0 | $559 | $0 | $395,720 | $0 | $0 |
| ANTHONY SHARON | ||||||||||||||
| DIRECTOR | $0 | $348,267 | $0 | $0 | $0 | $5,720 | $0 | $43,350 | $0 | $19,896 | $0 | $417,233 | $0 | $0 |
| REHAN KHAN | ||||||||||||||
| DIRECTOR | $0 | $336,989 | $0 | $4,000 | $0 | $11,493 | $0 | $25,500 | $0 | $19,372 | $0 | $397,354 | $0 | $0 |
| GILLIAM EMMONS | ||||||||||||||
| FORMER TREASURER | $0 | $240,293 | $0 | $0 | $0 | $6,022 | $0 | $32,818 | $0 | $21,643 | $0 | $300,776 | $0 | $0 |
| CARA ELLIS MCCARTHY | ||||||||||||||
| FORMER OFFICER | $0 | $104,413 | $0 | $0 | $0 | $128 | $0 | $12,694 | $0 | $33,011 | $0 | $150,246 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, QUESTION 3 | THE ORGANIZATION RECEIVED PROPOSALS FROM THREE DIFFERENT SEARCH FIRMS AND AFTER CAREFUL REVIEW ENGAGED KORN FERRY INTERNATIONAL OF BOSTON TO CONDUCT A NATIONAL SEARCH FOR THIS POSITION. INCLUDED IN THEIR SERVICES WAS A SALARY REVIEW AND RECOMMENDATION FOR THIS POSITION. A TEAM INCLUDING REPRESENTATION FROM MIT, HARVARD, BU, UMASS AND NORTHEASTERN WAS ASKED BY THE ADVISORY BOARD MEMBERS TO BE PART OF THE SEARCH COMMITTEE. THE SEARCH TEAM INCLUDED CIO'S FROM EACH OF THE UNIVERSITIES. THE COMPENSATION RANGE FOR THE POSITION WHOSE DUTIES INCLUDE CORPORATE CLERK WAS REVIEWED AND APPROVED BY THE HUMAN RESOURCES DEPARTMENT OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY, USING COMPARABILITY DATA, AND APPROVED AS A BUDGET LINE ITEM BY THE BOARD OF DIRECTORS. ALL COMPENSATION IS PAID BY RELATED ORGANIZATIONS. |
| SCHEDULE J, PART I, QUESTION 4B | UNDER A NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN, ON AUGUST 1, 2013, PRESIDENT BROWN RECEIVED A CREDIT FROM BOSTON UNIVERSITY EQUAL TO 30% OF HIS BASE SALARY FOR THE PRECEDING 12-MONTH PERIOD. SUBJECT TO THE PERFORMANCE OF FUTURE SERVICES AND OTHER CONDITIONS, PRESIDENT ROBERT BROWN'S RIGHTS IN THE PLAN WILL BECOME VESTED ON AUGUST 1, 2015, AND ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE UNTIL THAT DATE. ACCORDINGLY, SUPPLEMENTAL RETIREMENT PLAN COMPENSATION OF $246,750 WAS ACCRUED FOR PRESIDENT BROWN IN CALENDAR YEAR 2013 AND IS REPORTED ON SCHEDULE J, COLUMN C AS RETIREMENT AND OTHER DEFERRED COMPENSATION PAID BY BOSTON UNIVERSITY. AMOUNTS REPORTED IN COLUMN J, COLUMN B (III) AS OTHER REPORTABLE COMPENSATION INCLUDE CONTRIBUTIONS MADE BY BOSTON UNIVERSITY IN CALENDAR YEAR 2013 TO A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TO PROVIDE FUTURE RETIREMENT BENEFITS TO PRESIDENT ROBERT BROWN. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| part vi, line 11b | THE DRAFT FORM 990 IS CIRCULATED TO THE AUDIT COMMITTEE PRIOR TO FILING FOR REVIEW AND COMMENT. THE AUDIT COMMITTEE IS COMPRISED OF ONE EMPLOYEE FROM EACH MEMBER INSTITUTION, APPOINTED BY THE EXECUTIVE COMMITTEE OF THE CORPORATION. THE COMPLETE FORM 990 IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. |
| PART VI, LINE 12C | THE CLERK OF THE CORPORATION CIRCULATES THE FULL POLICY TO OFFICERS, DIRECTORS AND KEY EMPLOYEES ANNUALLY. THE POLICY REQUIRES THAT EACH SUCH OFFICER, DIRECTOR OR KEY EMPLOYEE ACKNOWLEDGE RECEIPT. THE CLERK MONITORS THE RETURN OF THE REQUIRED FORMS. |
| PART VI, LINE 15A | THE ORGANIZATION RECEIVED PROPOSALS FROM THREE DIFFERENT SEARCH FIRMS AND AFTER CAREFUL REVIEW ENGAGED KORN FERRY INTERNATIONAL OF BOSTON TO CONDUCT A NATIONAL SEARCH FOR THIS POSITION. INCLUDED IN THEIR SERVICES WAS A SALARY REVIEW AND RECOMMENDATION FOR THIS POSITION. A TEAM INCLUDING REPRESENTATION FROM MIT, HARVARD, BU, UMASS AND NORTHEASTERN WAS ASKED BY THE ADVISORY BOARD MEMBERS TO BE PART OF THE SEARCH COMMITTEE. THE SEARCH TEAM INCLUDED CIO'S FROM EACH OF THE UNIVERSITIES. |
| PART VI, LINE 15B | THE COMPENSATION RANGE FOR THE POSITION WHOSE DUTIES INCLUDE CORPORATE CLERK WAS REVIEWED AND APPROVED BY THE HUMAN RESOURCES DEPARTMENT OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY, USING COMPARABILITY DATA, AND APPROVED AS A BUDGET LINE ITEM BY THE BOARD OF DIRECTORS. |
| PART VI, LINE 19 | THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE CLERK OF THE CORPORATION. |
| PART VI, LINE 6 | The corporation shall have five members: Massachusetts Institute of Technology; Northeastern University; Trustees of Boston University; President and Fellows of Harvard College; and the University of Massachusetts (together, the "Founding Universities" and each a "Founding University"). |
| PART VI, LINE 7A | All powers of the corporation shall be held by the board of directors. Any action or vote required or permitted by any law, rule, or regulation to be taken by members shall be taken by unanimous vote. Each member shall be a university with a campus in the Commonwealth of Massachusetts and be described in either Sections 501(c)(3) and 509(a)(1) or Section 170(c)(1) of the Internal Revenue Code of 1986, as the same may be amended from time to time. The board shall be comprised of two (2) representatives from each of the members. |
| FORM 990 PART IX LINE 24 - OTHER EXPENSES | DESCRIPTION:COMMUNICATIONS & NETWORK SERVI TOTAL EXPENSES:517694 PROGRAM SERVICES:517694 |
| FORM 990 PART IX LINE 24 - OTHER EXPENSES | DESCRIPTION:REIMBURSED SALARIES & WAGES TOTAL EXPENSES:676384 PROGRAM SERVICES:570530 MANAGEMENT AND GENERAL:105854 |
| FORM 990 PART IX LINE 24 - OTHER EXPENSES | DESCRIPTION:REIMBURSED EMPLOYEE BENEFITS TOTAL EXPENSES:190098 PROGRAM SERVICES:159757 MANAGEMENT AND GENERAL:30341 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| massachusetts institute of technology | ||||||||||
| 77 massachusetts ave ne49-314 | cambridge | MA | 02139 | 042103594 | education | MA | 501(c)3 | line 2 | NA | false |
| Northeastern University | ||||||||||
| 360 Huntington Ave | Boston | MA | 02115 | 041679980 | education | MA | 501(c)3 | line 2 | na | false |
| university of massachusetts | ||||||||||
| 225 franklin street | boston | MA | 02110 | 043167352 | education | MA | 115 | NA | false | |
| boston university | ||||||||||
| 881 COMMONWEALTH AVENUE 4TH FL | boston | MA | 02215 | 042103547 | education | MA | 501(c)3 | line 2 | na | false |
| harvard university | ||||||||||
| massachusetts hall | cambridge | MA | 02138 | 042103580 | education | MA | 501(c)3 | line 2 | na | false |
| mghpcc holyoke inc | ||||||||||
| 100 bigelow street | holyoke | MA | 01040 | 452257442 | research | MA | 501(c)3 | 11A Type I | NA | false |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MGHPCC Leverage Lender LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 77 Massachusetts Ave NE49-3142 | AddressLine1 |
| City | Cambridge | City |
| State | MA | State |
| ZIP Code | 02139 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274004162 | EIN |
| Primary Activities | real estate | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MGHPCC Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | excluded | PredominantIncomeTypeTxt |
| Share Of Total Income | $691,914 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $63,124,508 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | false | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (true) | GeneralOrManagingPartnerInd |
| Ownership | 0.95000 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (17 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| mghpcc leverage lender llc | ||
| B | $2,300,000 | cash |
| Massachusetts Institute of Technology | ||
| P | $831,702 | Cash |
| Massachusetts Institute of Technology | ||
| P | $67,464 | accrual |
| University of Massachusetts | ||
| P | $153,871 | cash |
| University of Massachusetts | ||
| P | $79 | accrual |
| Boston University | ||
| J | $741,139 | cash |
| Harvard University | ||
| J | $957,576 | cash |
| Massachusetts Institute of Technology | ||
| J | $602,044 | cash |
| Northeastern University | ||
| J | $599,105 | cash |
| University of Massachusetts | ||
| J | $640,007 | cash |
| Boston University | ||
| J | $145,241 | accrual |
| Harvard University | ||
| J | $187,053 | accrual |
| Massachusetts Institute of Technology | ||
| J | $124,052 | accrual |
| Northeastern University | ||
| J | $126,895 | accrual |
| University of Massachusetts | ||
| J | $132,360 | accrual |
| MGHPCC Holyoke INc | ||
| K | $600,000 | Cash |
| MGHPCC Holyoke INc | ||
| K | $2,540,422 | accrual |