2013-12-09T10:10:58-06:00 2013-06-30 860683059 BEACHFLEISCHMAN PC PO BOX 64130 TUCSON AZ 857284130 990 2012-07-01 860779656 CAMPUS RESEARCH CORPORATION CAMP 5203822480 9070 SOUTH RITA ROAD NO 1750 TUCSON AZ 857476112 KEN MARCUS 5203822480 2013-12-02 1 KELLY L MELTZER CPA P00633511 5203214600 2012 2016-03-07 17:11:31Z BRUCE WRIGHT 9070 SOUTH RITA ROAD NO 1750 TUCSON AZ 857476112 12323408 0 X N/A X 1994 AZ ASSIST THE ARIZONA BOARD OF REGENTS FOR AND ON BEHALF OF THE UNIVERSITY OF ARIZONA 11 7 23 0 0 0 1020985 62531 12126334 12100151 5735 14077 891729 101202 14044783 12277961 0 12500 0 0 1311781 1400005 0 0 0 9771775 8806647 11083556 10219152 2961227 2058809 31227497 31632612 15447515 13431614 15779982 18200998 X CAMPUS RESEARCH CORPORATION OPERATES SOLELY TO ASSIST THE ARIZONA BOARD OF REGENTS, A BODY CORPORATE AND AN AGENCY OF THE STATE OF ARIZONA, TO ENHANCE AND FURTHER THE EDUCATIONAL AND RESEARCH MISSION OF THE UNIVERSITY OF ARIZONA. 0 0 8575998 12500 12236963 CAMPUS RESEARCH CORPORATION WAS FORMED IN 1994 TO ASSIST THE ARIZONA BOARD OF REGENTS IN THE MARKETING, LEASING, DEVELOPMENT, IMPROVEMENT, AND OPERATION OF PORTIONS OF THE UNIVERSITY OF ARIZONA SCIENCE AND TECHNOLOGY PARK LOCATED IN THE TUCSON, ARIZONA METROPOLITAN AREA. IN ADDITION TO USING A PORTION OF THE PARK AS AN EDUCATIONAL FACILITY FOR STUDENTS AND FACULTY OF THE UNIVERSITY, THE CORPORATION LEASES PORTIONS TO PRIVATE INDUSTRY AND GOVERNMENTAL AGENCIES. THE PARK PROVIDES A CAMPUS WHERE INDUSTRY AND THE UNIVERSITY CAN PARTICIPATE IN ACTIVITIES THAT PROMOTE AND SUPPORT EDUCATION, RESEARCH, ECONOMIC DEVELOPMENT OF THE REGION AND UNIVERSITY COMMERCIALIZATION. THE PARK ALSO PROVIDES A MECHANISM TO PROMOTE THE DEVELOPMENT AND INTEGRATION OF TECHNOLOGICAL RESULTS FROM RESEARCH INTO PRIVATE CORPORATE PROGRAMS. THE TECH PARK SITS ON 1,268 ACRES IN SOUTHEAST TUCSON, ARIZONA. ALMOST 2 MILLION SQUARE FEET OF SPACE HAS BEEN DEVELOPED FEATURING HIGH TECH OFFICE, RESEARCH AND DEVELOPMENT AND LABORATORY FACILITIES ON 287 ACRES. THE TECH PARK ALSO DEVELOPED A SOLAR RESEARCH FACILITY WHICH IS ON APPROXIMATELY 165 ACRES. THE TECH PARK IS BEING FURTHER DEVELOPED WITH POTENTIAL PROJECTS THAT INCLUDE A HOTEL, CONFERENCE CENTER AND RETAIL AND RESIDENTIAL DEVELOPMENTS. 327510 7302 THE BIOPARK, WHICH IS SITUATED ON 53 ACRES IN CENTRAL TUCSON, ARIZONA, WILL PROVIDE A SEPARATE FACILITY DESIGNED ESPECIALLY FOR COMPANIES WORKING IN BIOSCIENCES, BIOTECHNOLOGY, LIFE SCIENCES, MEDICAL DEVICES AND PHARMACEUTICALS. ITS SOPHISTICATED, HIGH TECHNOLOGY BIOSCIENCES FACILITIES WILL BE INTEGRATED INTO A MULTI-USE DEVELOPMENT. 8903508 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 9 0 1 23 1 0 0 0 0 0 1 1 0 0 0 0 X 11 7 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ X KEN MARCUS 5203822480 9070 SOUTH RITA ROAD SUITE 1750 TUCSON AZ 85747 DAVID ALLEN 0.30 40.00 X 0 107913 9061 MILTON CASTILLO 0.30 X 0 0 0 SEN DENNIS DECONCINI 0.30 X 0 0 0 ANN WEAVER HART 0.30 40.00 X 0 257703 63945 JC MUTCHLER 0.30 40.00 X 0 81830 19978 ROBERT SMITH 0.30 40.00 X 0 176594 28852 WENDY VITTORI 0.30 X 0 0 0 ROGER VOGEL 0.30 X 0 0 0 JOHN CARTER 0.30 X X 0 0 0 FRED BOICE 0.30 X X 0 0 0 LARRY LUCERO 0.30 X X 0 0 0 PATRICK GRIFFIN 0.30 X 0 0 0 BRUCE WRIGHT 30.00 20.00 X 115369 107496 24770 KEN MARCUS 50.00 X 140491 0 13856 255860 731536 160462 2 0 1 0 GRUBB & ELLIS MANAGEMENT SERVICES INC BOX 53028 DEPT 41224 PHOENIX AZ 85072 COMMON AREA EXPENSES 3194076 CH2M HILL IDC FACILITIES SERVICES DEPT 201869 DALLAS TX 75320 FACILITIES SERVICES 1995129 WE O'NEIL CONSTRUCTION 710 S CAMPBELL AVENUE TUCSON AZ 85719 CONSTRUCTION 1261663 BORDERLAND CONSTRUCTION PO BOX 27406 TUCSON AZ 85726 CONSTRUCTION 864443 HARALSON MILLER PITT & MCANALLY 1 S CHURCH AVENUE TUCSON AZ 85701 ATTORNEYS 121692 6 25465 37066 62531 RENTAL INCOME 531120 12034434 12034434 SERVICES & SEMINARS 900099 65717 65717 12100151 14077 14077 2535 25465 45447 -42912 -42912 OTHER REVENUES 900099 144114 144114 144114 12277961 12244265 0 -28835 12500 12500 265220 92827 172393 887061 310471 576590 30227 10579 19648 134994 47248 87746 82503 28876 53627 87957 87957 38865 38865 37515 37515 108741 108741 64017 19205 44812 694276 483051 211225 38296 19148 19148 234206 184865 49341 539944 539944 2040598 2005714 34884 62642 31321 31321 PROJECT OPERATING 3220176 3220176 REPAIRS & MAINTENANCE 1490941 1476032 14909 U OF A DEVELOPMENT 111700 111700 PARK DEVELOPMENT 36060 36060 713 713 10219152 8903508 1315644 0 1696930 1786650 4720946 4371583 1189855 1056855 79322 100420 25498801 7579407 16840572 17919394 6699872 6397710 31227497 31632612 1273185 1239486 3515288 3154754 9244580 8035277 85185 62963 1329277 939134 15447515 13431614 X 15779982 18200998 15779982 18200998 31227497 31632612 X 2058809 385762 -23555 X 0 1 X 1 0 X X X 0 0 0 AZ BOARD OF REGENTS 866004791 115 1 1 1 0 UNIVERSITY OF ARIZONA 742652689 115 1 1 1 10219152 2 10219152 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19831254 6534563 13296691 1131929 621810 510119 4535618 423034 4112584 17919394 INTANGIBLE ASSETS, NET 1811776 PROTECTED WATER FACILITY RIGHTS 4585934 6397710 SECURITY DEPOSITS 19474 LIABILITY UNDER INTEREST RATE SWAP AGREEMENT 919660 939134 X 12709170 385762 385762 12323408 -45447 -45447 12277961 10288154 69002 69002 10219152 0 10219152 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: FINANCIAL STATEMENTS FIN 48 FOOTNOTE: GAAP REQUIRES MANAGEMENT TO PERFORM AN EVALUATION OF ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. THIS EVALUATION IS REQUIRED TO BE PERFORMED FOR ALL OPEN TAX YEARS, AS DEFINED BY THE VARIOUS STATUTES OF LIMITATIONS, FOR FEDERAL AND STATE PURPOSES. THE ORGANIZATION IS ONLY SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS TAXABLE INCOME (UBTI). AS A RESULT, THE ORGANIZATION IS REQUIRED TO FILE INFORMATIONAL RETURNS FOR FEDERAL AND STATE PURPOSES AND, IF IT HAS UBTI, FEDERAL AND STATE INCOME TAX RETURNS. WITH LIMITED EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO TAX EXAMINATION FOR ANY YEARS EARLIER THAN 2010 FOR FEDERAL AND 2009 FOR STATE. MANAGEMENT HAS PERFORMED ITS EVALUATION OF TAX POSITIONS TAKEN ON ALL OPEN TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE -45,447. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DEPRECIATION AND AMORTIZATION DIFFERENCE 23,555. SPECIAL EVENT EXPENSE 45,447. INNOVATION DAY 17500 15020 2480 17012 HOMECOMING 5500 5445 55 19651 1 5000 5000 8784 28000 25465 2535 45447 45447 -42912 1 ARIZONA-MEXICO COMMISSION 1700 W WASHINGTON 301 PHOENIX AZ 85007 237290803 501(C)(4) 12500 SPONSORSHIP 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE CORPORATION DOES NOT HAVE A GRANT-MAKING PROGRAM. FROM TIME TO TIME, IT MAY MAKE A SPONSORSHIP PAYMENT TO SUPPORT A SPECIFIC EVENT OF A NONPROFIT ORGANIZATION. SINCE PAYMENTS ARE MADE ONLY FOR A SPECIFIC EVENT, NO FURTHER MONITORING IS DEEMED NECESSARY. X X 0 0 0 0 0 0 0 0 0 ANN WEAVER HART 0 257703 0 0 0 0 0 58736 0 5209 0 321648 0 0 ROBERT SMITH 0 176594 0 0 0 0 0 19787 0 9065 0 205446 0 0 BRUCE WRIGHT 115369 107496 0 0 0 0 4615 12170 0 7985 119984 127651 0 0 KEN MARCUS 140491 0 0 0 0 0 5600 0 8256 0 154347 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 J.C. MUTCHLER (EXECUTIVE DIRECTOR AND VICE PRESIDENT, UNIVERSITY OF ARIZONA), BOB SMITH (VICE PRESIDENT, BUSINESS AFFAIRS, UNIVERSITY OF ARIZONA), AND DAVID ALLEN (EXECUTIVE DIRECTOR, TECH LAUNCH ARIZONA, UNIVERSITY OF ARIZONA) HAVE A BUSINESS RELATIONSHIP. ANN WEAVER HART (PRESIDENT, UNIVERSITY OF ARIZONA), MILTON CASTILLO (SENIOR VICE PRESIDENT AND CFO, BUSINESS AFFAIRS, UNIVERSITY OF ARIZONA), AND DAVID ALLEN (EXECUTIVE DIRECTOR, TECH LAUNCH ARIZONA, UNIVERSITY OF ARIZONA) HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS COMPRISED OF ELEVEN PERSONS ("DIRECTORS"). THREE DIRECTORS ARE APPOINTED BY THE PRESIDENT OF THE UNIVERSITY OF ARIZONA AND ARE REFERRED TO AS "UNIVERSITY MEMBERS". ONE DIRECTOR IS A CURRENT MEMBER OF THE ARIZONA BOARD OF REGENTS OR A FORMER MEMBER OF THE BOARD OF REGENTS WHO SERVED ON THE BOARD OF REGENTS AFTER JANUARY 1, 2004, AND IS APPOINTED BY THE PRESIDENT OF THE ARIZONA BOARD OF REGENTS, AND IS REFERRED TO AS THE "REGENTS' MEMBER". ONE DIRECTOR IS APPOINTED BY THE PRESIDENT OF THE ARIZONA BOARD OF REGENTS AND IS REFERRED TO AS THE "PRESIDENT'S MEMBER". SIX DIRECTORS ARE SELECTED AT LARGE. DIRECTORS OTHER THAN UNIVERSITY MEMBERS, THE REGENTS' MEMBER AND THE PRESIDENT'S MEMBER ARE ELECTED BY THE INCUMBENT DIRECTORS AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS, BUT DIRECTORS MAY BE ELECTED TO FILL VACANCIES OR NEWLY CREATED DIRECTOR POSITIONS AT ANY OTHER MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION PROVIDES A DRAFT OF FORM 990 TO THE AUDIT COMMITTEE FOR REVIEW. AFTER THE AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM, A COPY IS PROVIDED TO ALL MEMBERS OF THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY IN PLACE AND EACH OFFICER AND DIRECTOR IS REQUIRED TO SIGN AND AGREE TO THE POLICY. THE BOARD REVIEWS THE POLICY ANNUALLY. ON AN ONGOING BASIS, IF A CONFLICT OF INTEREST IS DISCOVERED, THE INDIVIDUAL IS REQUIRED TO NOTIFY THE ORGANIZATION IMMEDIATELY. CONFLICTS OF INTEREST ARE HANDLED ON A CASE BY CASE BASIS. THE POLICY COVERS CRC EMPLOYEES AND CRC BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DETERMINES COMPENSATION BY COMPARING COMPENSATION TO THE UNIVERSITY OF ARIZONA COMPENSATION LEVELS, AND BY UTILIZING OUTSIDE RESOURCES SUCH AS ROBERT HALF, SALARY.COM, AND SALARY INFORMATION FROM THE ASSOCIATION OF UNIVERSITY RESEARCH PARKS. THE UNIVERSITY OF ARIZONA PRESIDENT AND VICE PRESIDENT OF RESEARCH DETERMINE THE SALARY FOR THE ORGANIZATION'S PRESIDENT. THE ORGANIZATION'S PRESIDENT DETERMINES THE COMPENSATION FOR THE CFO. THE PRESIDENT AND THE CFO DETERMINE SALARY FOR ALL OTHER EMPLOYEES. COMPENSATION IS INCLUDED IN THE ANNUAL OPERATING BUDGET AND IS APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. A COPY OF FORM 990 IS PROVIDED IN PLACE OF FINANCIAL STATEMENTS IF REQUESTED. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: BOOK/TAX DEPRECIATION AND AMORTIZATION DIFFERENCE -23,555. 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