BIOCON INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- BIOCON INC (EIN 22-3619257)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-14
- IRS object ID
- 201403189349308585
- Schema version
- 2013v3.1
- 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 | 2014-11-14T16:00:26-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | 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 | BusinessNameLine1 |
| 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 | AddressLine1 |
| City | EDISON | City |
| State | NJ | State |
| ZIP Code | 08837 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL J KAWAS | PersonNm |
| Person Title | EVP/CFO | PersonTitleTxt |
| Phone | 7326610202 | PhoneNum |
| Signature | 2014-11-14 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparation | 2014-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BRUCE STROEVER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 MAY STREET | AddressLine1 |
| City | EDISON | City |
| State | NJ | State |
| ZIP Code | 08837 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,208,246 | 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 | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,110,172 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,208,217 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,891 | PYOtherRevenueAmt |
| CY Other Revenue | $29 | CYOtherRevenueAmt |
| PY Total Revenue | $3,113,063 | PYTotalRevenueAmt |
| CY Total Revenue | $3,208,246 | 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 | $2,813,862 | PYOtherExpensesAmt |
| CY Other Expenses | $2,788,804 | CYOtherExpensesAmt |
| PY Total Expenses | $2,813,862 | PYTotalExpensesAmt |
| CY Total Expenses | $2,788,804 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $299,201 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $419,442 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $15,447,180 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,734,385 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $16,670,490 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,538,253 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$1,223,310 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$803,868 | 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 | $2,788,804 | ExpenseAmt |
| Revenue | $3,208,246 | RevenueAmt |
| Desc | BIOCON, INC. IS THE SOLE MEMBER OF MAY STREET MEDICAL, LLC. (MSM) AND OLYPHANT, L.L.C. (OLY). 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. DURING 2010, BIO CREATED OLYPHANT L.L.C. (OLY) TO ACQUIRE AND MAINTAIN REAL ESTATE ASSETS FOR USE BY MTF IN PURSUIT OF ITS CORE MISSION TO SUPPORT MTF. ON DECEMBER 20, 2010, OLY PURCHASED LAND AND BUILDING IN THE AMOUNT OF 4,563,133. | Desc |
| Total Program Service Expenses | $2,788,804 | 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 | Yes (true) | 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 | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| 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 | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | 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 | AddressLine1 |
| City | EDISON | City |
| State | NJ | State |
| ZIP Code | 08837 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| WILLIAM W TOMFORD MD | |||||||
| CHAIRMAN | 2.00 | Yes (X) | $0 | $50,000 | $0 | ||
| GERALD FINERMAN MD | |||||||
| BOD | 1.00 | Yes (X) | $0 | $14,000 | $0 | ||
| DONALD HACKBARTH MD | |||||||
| VICE CHAIRMA | 1.00 | Yes (X) | $0 | $14,000 | $0 | ||
| DAN M SPENGLER MD | |||||||
| BOD | 1.00 | Yes (X) | $0 | $13,000 | $0 | ||
| ALLAN GROSS MD | |||||||
| BOD | 1.00 | Yes (X) | $0 | $10,000 | $0 | ||
| JOSEPH A BUCKWALTER MD | |||||||
| BOD | 1.00 | Yes (X) | $0 | $9,000 | $0 | ||
| VICTOR FRANKEL MD PHD | |||||||
| DIRECTOR EME | 1.00 | Yes (X) | $0 | $6,000 | $0 | ||
| WILLIAM F ENNEKING MD | |||||||
| DIRECTOR EME | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK BOLANDER MD | |||||||
| BOD | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRUCE W STROEVER | |||||||
| PRESIDENT/CE | $0 | $846,340 | $35,845 | 60.00 | Yes (X) | ||
| MICHAEL J KAWAS | |||||||
| TREASURER/CF | $0 | $516,345 | $43,551 | 60.00 | Yes (X) | ||
| MARTHA ANDERSON | |||||||
| SECRETARY | $0 | $419,024 | $36,950 | 60.00 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Reportable Comp Rltd Org | $1,897,709 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $116,346 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MUSCULOSKELETAL TRANSPLANT FDTN | |||||
| 125 MAY STREET | EDISON | NJ | 08837 | ADMINISTRATIVE | $2,100,000 |
| NORTHMARQ CAPITAL | |||||
| 1 PENN PLAZA SUITE 1421 | NEW YORK | NY | 101191421 | FINANCING | $730,089 |
| EDISON TAX COLLECTOR | |||||
| 100 MUNICIPAL BLVD | EDISON | NJ | 08817 | GOVERNMENT | $490,675 |
| AMERICAN LANDSCAPE | |||||
| 586 SOUTH MIDDLEBUSH ROAD | SOMERSET | NJ | 08873 | LANDSCAPING | $214,200 |
| WASTE MANAGEMENT | |||||
| PO BOX 13648 | PHILADELPHIA | PA | 19101 | REFUSE REMOVAL | $129,397 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|
| 125/175 MAY ST., EDISON, NJ | $2,804,584 | $2,804,584 |
| 1175 MIDVALLEY DR., OLYPHANT | $403,633 | $403,633 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,208,217 | TotalProgramServiceRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RELATED PARTY INTEREST INCOME | Desc |
| Total Revenue Column | $29 | TotalRevenueColumnAmt |
| Exclusion | $29 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $29 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,208,246 | TotalRevenueColumnAmt |
| Exclusion | $3,208,246 | ExclusionAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $649,169 | TotalAmt |
| Program Services | $649,169 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $791,657 | TotalAmt |
| Program Services | $791,657 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $504,015 | TotalAmt |
| Program Services | $504,015 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| MANAGEMENT FEES | $481,238 | $481,238 |
| CLEANING/MAINTENANCE | $170,324 | $170,324 |
| WASTE REMOVAL | $121,051 | $121,051 |
| REPAIRS | $68,206 | $68,206 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,144 | TotalAmt |
| Program Services | $3,144 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,788,804 | TotalAmt |
| Program Services | $2,788,804 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $412,929 | BOYAmt |
| EOY | $1,027,091 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,666 | BOYAmt |
| EOY | $28,278 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $18,760,955 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,983,543 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,160,429 | BOYAmt |
| EOY | $13,777,412 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $845,156 | BOYAmt |
| EOY | $901,604 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,447,180 | BOYAmt |
| EOY | $15,734,385 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,815 | BOYAmt |
| EOY | $44,368 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,588,675 | BOYAmt |
| EOY | $16,493,885 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,670,490 | BOYAmt |
| EOY | $16,538,253 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$1,223,310 | BOYAmt |
| EOY | -$803,868 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$1,223,310 | BOYAmt |
| EOY | -$803,868 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,447,180 | BOYAmt |
| EOY | $15,734,385 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $419,442 | 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 |
| Certification | Yes (X) | CertificationInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSCULOSKELETAL TRANSPLANT FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222803458 | EIN |
| Organization Type | 9 | OrganizationTypeDesc |
| Governing Document Listed | Yes (true) | GoverningDocumentListedInd |
| Supported Org Notified | Yes (true) | SupportedOrgNotifiedInd |
| US Organized | Yes (true) | USOrganizedInd |
| Support | $0 | SupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,636,496 | OtherCostOrOtherBasisAmt |
| Book Value | $2,636,496 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,011,516 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,975,798 | DepreciationAmt |
| Book Value | $11,035,718 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $112,943 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,745 | DepreciationAmt |
| Book Value | $105,198 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $13,777,412 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DUE FROM AFFILIATE | $742,182 |
| DEFERRED FINANCING COSTS | $136,941 |
| PREPAID TAXES | $17,469 |
| PREPAID OTHER EXPENSE | $3,912 |
| DEPOSITS | $1,100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $901,604 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO AFFILIATE | $8,708,675 |
| MORTGAGE PAYABLE - L/T | $7,479,263 |
| MORTGAGE PAYABLE - S/T | $282,005 |
| SECURITY DEPOSIT | $23,942 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $16,493,885 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,208,246 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $3,208,246 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $3,208,246 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,788,804 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $2,788,804 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,788,804 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | UNCERTAIN TAX POSITION DISCLOSURE FROM 2013 AUDITED FINANCIAL STATEMENTS: ASC 740-10 (FORMERLY FASB INTERPRETATION NO. 48, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES") REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON 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 ORGANIZATION 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. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| 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 | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|---|---|
| BRUCE W STROEVER | ||||||
| PRESIDENT/CEO | $614,324 | $210,900 | $21,116 | $15,064 | $20,781 | $882,185 |
| MICHAEL J KAWAS | ||||||
| TREASURER/CFO | $396,145 | $120,200 | $15,300 | $28,251 | $559,896 | |
| MARTHA ANDERSON | ||||||
| SECRETARY | $321,924 | $97,100 | $15,055 | $21,895 | $455,974 | |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (14 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. 2013 ACTIVITY FOR DIZG IS SUMMARIZED ON FORM 5471. FORM 990, PART I, LINE 6 N/A |
| FORM 990, PART V | PART V, QUESTIONS 2A AND 2B - THESE EMPLOYEES ARE PAID BY A RELATED ORGANIZATION - THE MUSCULOSKELETAL TRANSPLANT FOUNDATION, INC. |
| FORM 990, PART V, LINE 4B | GERMANY |
| FORM 990, PART VI | PART VI, QUESTION 1A - THE BOARD OF DIRECTORS HAS NINE 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 AND ITS WAS REVIEWED WITH THEM AT AN OPEN MEETING OF THE AUDIT COMMITTEE FOR APPROVAL. SUBSEQUENT TO MODIFICA- TIONS, IF ANY, BEING MADE AS A RESULT OF THE MEETING, THE 990 IS CIRCULATED TO ALL OF THE MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | MTF SENDS A 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. THE LETTER INCLUDES THE FOLLOWING: QUESTIONNAIRE 1. DO YOU OR MEMBERS OF YOUR FAMILY HAVE FAMILY OR BUSINESS RELATIONSHIPS (AS DEFINED BELOW) WITH ANY OF THE FOLLOWING PERSONS OR ORGANIZATIONS LISTED IN ATTACHMENT A? IF YES, PLEASE IDENTIFY THE INDIVIDUAL AND EXPLAIN THE RELATIONSHIP. FAMILY RELATIONSHIPS INCLUDE AN INDIVIDUAL'S SPOUSE, CHILDREN, GRANDCHILDREN, SIBLINGS AND THE SPOUSES OF CHILDREN, GRANDCHILDREN AND SIBLINGS. BUSINESS RELATIONSHIPS INCLUDE EMPLOYMENT AND CONTRACTURAL RELATIONSHIPS AND COMMON OWNERSHIPS OF A BUSINESS WHERE ANY OFFICERS, DIRECTORS OR TRUSTEES, INDIVIDUALLY OR TOGETHER, POSSESS MORE THAN 35% OWNERSHIP INTEREST IN COMMON. ___________________________________________________________________________ 2.DO YOU RECEIVE COMPENSATION FROM ANY ORGANIZATIONS, WHETHER TAX EXEMPT OR TAXABLE, WHICH ARE RELATED TO MTF? IF YES, ATTACH A STATEMENT THAT EXPLAINS THE RELATIONSHIP BETWEEN MTF AND THE OTHER ORGANIZATION; DESCRIBE THE COMPENSATION ARRANGEMENT, INCLUDING AMOUNTS PAID TO YOU BY THE RELATED ORGANIZATION. COMPENSATION INCLUDES: SALARY, FEES, BONUSES, CONTRIBUTIONS TO EMPLOYEE BENEFIT PLAN, DEFERRED COMPENSATION PLANS, EXPENSE ALLOWANCES, AND THE VALUE OF THE PERSONAL USE OF HOUSING, AUTOMOBILES, OR OTHER ASSETS OWNED OR LEASED BY THE ORGANIZATION. DEFINITION OF RELATED ORGANIZATION: ORGANIZATIONS MAY BE RELATED IN SEVERAL WAYS; THE RELATIONSHIPS ARE NOT MUTUALLY EXCLUSIVE. RELATED ORGANIZATIONS ARE TAX-EXEMPT OR TAXABLE ORGANIZATIONS RELATED TO THE TAX-EXEMPT ORGANIZATION IN ONE OR MORE OF THE FOLLOWING WAYS: RELATIONSHIP 1. ONE ORGANIZATION OWNS OR CONTROLS THE OTHER ORGANIZATION. RELATIONSHIP 2. THE SAME PERSON(S) OWNS OR CONTROLS BOTH ORGANIZATIONS. RELATIONSHIP 3. THE ORGANIZATIONS HAVE A RELATIONSHIP AS SUPPORTING AND SUPPORTED ORGANIZATIONS. RELATIONSHIP 4. THE ORGANIZATIONS USE A COMMON PAYMASTER. RELATIONSHIP 5. THE OTHER ORGANIZATION PAYS PART OF THE COMPENSATION THAT THE ORGANIZATION WOULD OTHERWISE BE CONTRACTURALLY OBLIGATED TO PAY. RELATIONSHIP 6. THE ORGANIZATIONS CONDUCT JOINT PROGRAMS OR SHARE FACILITIES OR EMPLOYEES. OWNERSHIP. THE TERM OWNERSHIP IS HOLDING (DIRECTLY OR INDIRECTLY) 50% OR MORE OF THE VOTING POWER IN A CORPORATION, PROFITS INTEREST IN A PARTNERSHIP, OR BENEFICIAL INTEREST IN A TRUST. CONTROL. THE TERM CONTROL IS HAVING 50% OR MORE OF THE VOTING POWER IN A GOVERNING BODY, OR THE POWER TO APPOINT 50% OR MORE OF AN ORGANIZATION'S GOVERNING BODY, OR THE POWER TO APPROVE AN ORGANIZATION'S BUDGETS AND EXPENDITURES (AN EFFECTIVE VETO POWER OVER THE ORGANIZATION'S BUDGETS AND EXPENDITURES). ALSO, CONTROL CAN BE INDIRECT BY OWNING OR CONTROLLING ANOTHER ORGANIZATION WITH SUCH POWER. COMMON PAYMASTER. IN GENERAL, A COMMON PAYMASTER OF A GROUP OF RELATED CORPORATIONS IS ANY MEMBER THEREOF THAT DISBURSES REMUNERATION TO EMPLOYEES OF TWO OR MORE OF THOSE CORPORATIONS ON THEIR BEHALF AND THAT IS RESPONSIBLE FOR KEEPING BOOKS AND RECORDS FOR THE PAYROLL WITH RESPECT TO THOSE EMPLOYEES. ATTACHMENT A LISTS OFFICERS, BOARD MEMBERS, INDEPENDENT CONTRACTORS, ETC. |
| 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. |
| FORM 990, PAGE 7, PART VII | PARENT ORGANIZATION HAS FILED A SEPARATE RETURN |
| FORM 990, PAGE 7, PART VII | BIOCON, INC. IS A SUPPORTING ORGANIZATION OF MUSCULOSKELETAL TRANSPLANT FOUNDATION, INC. THESE TWO ORGANIZATIONS FILE SEPARATE FORM 990 AND 990-T RETURNS AS REQUIRED BY THE INTERNAL REVENUE CODE. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| MAY STREET MEDICAL LLC | |||||||||
| 125 MAY STREET | EDISON | NJ | 08837 | 223751785 | SEE PT VII | DE | $743,870 | $10,530,433 | NA |
| OLYPHANT LLC | |||||||||
| 125 MAY STREET | EDISON | NJ | 08837 | SEE PT VII | DE | -$324,455 | $4,500,948 | NA | |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Business Name Line2DisregardedEntityName/BusinessNameLine2 | 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 | Address Line1ForeignAddress/AddressLine1 | CityForeignAddress/City | CountryForeignAddress/Country | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MUSCULOSKELETAL TRANSPLANT | |||||||||||||||
| FOUNDATION INC | 125 MAY STREET | EDISON | NJ | 08837 | 222803458 | CHARITY | DC | 501C3 | 9 | NA | false | ||||
| DEUTSCHES INSTITUT FUR ZELL-UND | |||||||||||||||
| GEWEBEERSATZ GMBH | SEE PT VII | NA | false | 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 | BusinessNameLine1 |
| Business Name Line2 | DEUTSCHES INSTITUT FUR ZELL-UND | BusinessNameLine2 |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | INNOVATIONSPK W M-V-ARDN BLDG 42 | AddressLine1 |
| City | BERLIN | City |
| Country | GM | Country |
| 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 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C CORP | EntityTypeTxt |
| Controlled Organization | false | 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 | false | 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 (10 entries)
| Business Name Line2OtherOrganizationName/BusinessNameLine2 | Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|---|
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | A | $403,633 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | A | $2,804,584 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | E | ACCTG BOOKS/RECORDS | |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | H | $866,300 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | M | $130,679 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | M | $350,560 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | R | $2,638 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | R | $355,368 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | R | $172,000 | ACCTG BOOKS/RECORDS |
| MUSCULOSKELETAL TRANSPLANT | |||
| FOUNDATION INC | R | $395,094 | 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 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 RECENTLY BEEN DETERMINED TO HAVE SOME TAX-EXEMPT ACTIVITIES AS WELLS 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, PAGE 1: ITEMS (4), 9) AND (10) 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 2013, DIZG REPAID MTF OUTSTANDING ADVANCES TOTALING 395,094. MTF ALSO SOLD TISSUE TO DIZG IN THE AMOUNT OF 866,300. GIVEN THESE CIRCUMSTANCES, NO FORM 926 FILING BY MTF WAS DEEMED NECESSARY. | ExplanationTxt |