2024-02-27T14:27:04-06:00 2023-06-30 520982413 GROSS MENDELSOHN & ASSOCIATES PA 1801 PORTER STREET SUITE 500 BALTIMORE MD 21230 990 2022-07-01 141875043 UMB HEALTH SCIENCES RESEARCH PARK CORPORATION UMBH 4107065236 620 W LEXINGTON STREET 4TH FLOOR BALTIMORE MD 21201 JANE ALLGAIR TREASURER 4107065236 2024-02-27 1 JANE ALLGAIR 999009999 0 JENNIFER A ROCK P01083312 4106855512 2024-02-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JANE ALLGAIR 620 W LEXINGTON STREET 4TH FLOOR BALTIMORE MD 21201 8984691 0 X WWW.UMBBIOPARK.COM X 2003 MD TO SUPPORT THE MISSIONS OF UNIVERSITY OF MARYLAND, BALTIMORE (UMB), A TAX-EXEMPT ORGANIZATION, INCLUDING THEIR CREATION OF THE UNIVERSITY OF MARYLAND BIOPARK. TO MAINTAIN THE BIOPARK AND MONITOR ALL LEASES, COVENANTS AND RESTRICTIONS CONCERNING THE USES OF THE BIOPARK. 10 10 1 0 0 0 0 0 0 0 41908 1414469 1859427 1978459 1901335 3392928 311551 310705 0 0 198598 203677 0 0 0 1272575 1390215 1782724 1904597 118611 1488331 16212488 17616030 1382335 1190037 14830153 16425993 TO SUPPORT THE MISSIONS OF UNIVERSITY OF MARYLAND, BALTIMORE (UMB), A TAX-EXEMPT ORGANIZATION, INCLUDING THEIR CREATION OF THE UNIVERSITY OF MARYLAND BIOPARK. TO MAINTAIN THE BIOPARK AND MONITOR ALL LEASES, CONVENANTS AND RESTRICTIONS CONCERNING THE USES OF THE BIOPARK. 0 0 1772500 310705 TO HOLD, LEASE, MANAGE, AND ADMINISTER THE LAND AND REAL ESTATE KNOWN AS THE UNIVERSITY OF MARYLAND BIOPARK AND OTHER PROPERTY RELATED TO THE BIOPARK.TO SUPPORT ALL OF THE EDUCATIONAL, RESEARCH AND SUPPORT ACTIVITIES CONDUCTED BY AND ON BEHALF OF UMB. 1772500 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 12 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 1 1 MD X JANE ALLGAIR 4107265236 620 W LEXINGTON STREET 4TH FLOOR BALTIMORE MD 21201 JOHN M PRUGH CHAIR 1.00 X X 0 0 0 JOHN M HAMILTON AUDIT CHAIR 1.00 X 0 0 0 DR DAVID L DALTON DIRECTOR 1.00 X 0 0 0 HAROLD E CHAPPELEAR DIRECTOR 1.00 X 0 0 0 RICHARD J HIMELFARB DIRECTOR 1.00 X 0 0 0 HONORABLE JANET S OWENS DIRECTOR 1.00 X 0 0 0 MARILYNN K DUKER DIRECTOR 1.00 X 0 0 0 DAVID HICKEY DIRECTOR 1.00 X 0 0 0 RACHEL K KING DIRECTOR 1.00 X 0 0 0 GUY FILIPPELLI DIRECTOR 1.00 X 0 0 0 JAMES L HUGHES PRESIDENT/EX OFFICIO DIRECTOR 1.00 X 0 462605 44011 JANE M SHAAB SECRETARY/EX OFFICIO DIRECTOR 1.00 X 0 250910 17023 LINDA CASSARD TREASURER 24.00 X 188475 0 0 188475 713515 61034 1 0 1 0 WHITING TURNER CONTRACTING COMPANY 300 EAST JOPPA ROAD BALTIMORE MD 21286 CONSTRUCTION SERVICES 340894 1 185835 185835 1990775 0 1990775 1990775 1990775 1369454 5450943 1371725 4220038 -2271 1230905 1228634 1228634 OTHER INCOME 900099 9640 9640 LOSS FROM JOINT VENTURE 531390 -21956 -21956 -12316 3392928 -12316 0 3405244 310705 310705 191531 153225 38306 12146 9717 2429 4780 4780 83400 83400 1376 1101 275 301466 301466 1148 919 229 271596 271596 196637 196637 11840 11774 66 SECURITY 248945 248945 LANDSCAPING & GROUNDS M 162020 162020 PROPERTY TAXES 60528 60528 SHUTTLE SERVICE 15433 15433 31046 23654 7392 1904597 1772500 132097 0 238435 229342 260155 260821 13818 95542 6184 12018512 2669722 9173603 9348790 2350633 7677724 4034123 59997 79351 16212488 17616030 200539 326230 18330 1163466 863807 1382335 1190037 X 12806353 14402193 2023800 2023800 14830153 16425993 16212488 17616030 1488331 107509 0 X X 0 1 X 1 0 X X 1 UNIVERSITY OF MARYLAND BALTIMORE 526002033 6 1 845 0 1 845 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 X 1 1 PART IV, SECTION A, LINE 6 IN ADDITION TO SUPPORTING THE MISSION OF ITS SUPPORTED ORGANIZATION, UMB HEALTH SCIENCES RESEARCH PARK CORPORATION ALSO PROVIDED A CONTRIBUTION TO THE UNIVERSITY OF MARYLAND BALTIMORE FOUNDATION (UMBF), A RELATED PARTY OF THE SUPPORTED ORGANIZATION, IN THE AMOUNT OF $214,155. UMBF PROMOTES UMB THROUGH ADVOCACY AND THE ENLISTING OF FINANCIAL SUPPORT AND MANAGES AND INVESTS GIFTS AND PROPERTY FOR THE BENEFIT OF UMB. THE UMBF, AN INDEPENDENT FOUNDATION INCORPORATED IN 2000, WAS ESTABLISHED TO RECEIVE, MANAGE, AND INVEST PRIVATE GIFTS AND / OR PROPERTY FOR THE BENEFIT OF THE UNIVERSITY OF MARYLAND, BALTIMORE AND ITS RELATED PROGRAMS AND SUPPORTING ACTIVITIES. PART IV, SECTION E, LINE 2(A) THE SUPPORTED ORGANIZATION IS THE UNIVERSITY OF MARYLAND, BALTIMORE. THE PLANS FOR THE BIOPARK WERE DEVELOPED BY THE SUPPORTED ORGANIZATION AND UMB HEALTH SCIENCES RESEARCH PARK CORPORATION (UMB RPC) WAS CREATED TO IMPLEMENT THESE PLANS AND MANAGE THE BIOPARK. THE BIOPARK IS A GROWING COMMUNITY OF EMERGING, HIGH-GROWTH LIFE SCIENCE COMPANIES ALONG WITH TRANSLATIONAL RESEARCH CENTERS OF THE SUPPORTED ORGANIZATION. THE BIOPARK OFFERS SOPHISTICATED LABORATORY AND OFFICE ENVIRONMENTS ON THE SUPPORTED ORGANIZATION'S VIBRANT ACADEMIC MEDICAL CENTER CAMPUS. UMB RPC MANAGES THE BIOPARK AND ITS INFRASTRUCTURE AND WORKS CLOSELY WITH THE SUPPORTED ORGANIZATION AND TENANTS OF THE BIOPARK TO FURTHER THE SUPPORTED ORGANIZATION'S MISSION. IT IS CONSISTENTLY LOOKING AT EXPANSION OPPORTUNITIES TO HOUSE OTHER TENANTS THAT MEET THE CRITERIA OF THE BIOPARK. PART IV, SECTION E, LINE 2(B) WITHOUT UMB RPC, THE SUPPORTED ORGANIZATION WOULD HAVE TO TAKE ON ALL OF THE RESPONSIBILITIES OF UMB RPC IN ORDER FOR THE BIOPARK TO FUNCTION, THRIVE AND GROW. UMB RPC RELIEVES THE SUPPORTED ORGANIZATION OF THESE ADMINSTRATIVE AND STRATEGIC BURDENS SO IT CAN FOCUS ON ITS PRIMARY MISSION AND GOALS. TOGETHER, THEY HAVE CREATED THE PERFECT PARTNERSHIP THAT HAS ENHANCED THE SUCCESS OF THE BIOPARK. 7991418 7991418 3962060 2604801 1357259 65034 64921 113 9348790 X 3500437 107509 107509 3392928 0 3392928 1904597 0 1904597 0 1904597 PART X, LINE 2: THE ORGANIZATION HAD NO LIABILITY FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S FEDERAL EXEMPT ORGANIZATION RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. 1 BALTIMORE COMMUNITY FOUNDATION 11 E MOUNT ROYAL AVE BALTIMORE MD 21202 237180620 501(C)(3) 10000 0 SPONSORSHIP SOUTHWEST PARTNERSHIP 1138 HOLLINS STREET BALTIMORE MD 21223 474390017 501(C)(3) 53330 0 GENERAL USE FOR OPERATING EXPENSES AND VARIOUS PROGRAMS UNIVERSITY OF MARYLAND BALTIMORE FOUNDATION 620 W LEXINGTON STREET BALTIMORE MD 21201 311678679 501(C)(3) 214155 0 GENERAL USE, RESEARCH UNIVERSITY OF MARYLAND BALTIMORE COUNTY 1000 HILLTOP CIRCLE BALTIMORE MD 21250 526002033 501(C)(3) 9000 0 GRANT FOR BIOPARK 4 PART I, LINE 2: MANAGEMENT OF THE ORGANIZATION REQUESTS ACKNOWLEDGEMENT OF THE GRANT FROM THE GRANTEE CONFIRMING THE GRANT AWARD AND THE PURPOSE OF THE GRANT. IF ADDITIONAL FOLLOW-UP IS REQUIRED, MANAGEMENT WILL MAINTAIN CONTACT WITH THE GRANTEE. X X 0 0 0 0 0 0 0 0 0 JAMES L HUGHES PRESIDENT/EX OFFICIO DIRECTOR 0 462605 0 0 0 0 0 26988 0 17023 0 506616 0 0 JANE M SHAAB SECRETARY/EX OFFICIO DIRECTOR 0 250910 0 0 0 0 0 0 0 17023 0 267933 0 0 LINDA CASSARD TREASURER 188475 0 0 0 0 0 0 0 0 0 188475 0 0 0 PART I, LINE 3 THE TREASURER IS AN OFFICER AND EMPLOYEE OF THIS ORGANIZATION AND HAS A WRITTEN EMPLOYMENT CONTRACT WITH THIS ORGANIZATION. THE OTHER OFFICERS OF THIS ORGANIZATION ARE ALSO OFFICERS AND/OR EMPLOYEES OF UNIVERSITY OF MARYLAND, BALTIMORE, A RELATED PARTY. THE UNIVERSITY OF MARYLAND, BALTIMORE HAS ESTABLISHED SPECIFIC GUIDELINES AND CRITERIA FOR DETERMINING COMPENSATION OF ITS OFFICERS AND EMPLOYEES. JOHN HAMILTON AUDIT CHAIR SEE PART V JOHN HAMILTON IS THE PRESIDENT AND CEO AT MECU OF BALTIMORE, INC., WHERE THE ORGANIZATION HOLDS A MONEY MARKET ACCOUNT AND A SAVINGS ACCOUNT. BALANCE OF THE MONEY MARKET ACCOUNT AT JUNE 30, 2023 WAS $8,457 AND BALANCE OF THE SAVINGS ACCOUNT AT JUNE 30, 2023 WAS $1,889. 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE PRESIDENT AND TREASURER OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, MANAGEMENT PRINTS OUT A LIST OF VENDORS UTILIZED AND PROVIDES IT TO THE BOARD MEMBERS FOR REVIEW. EACH BOARD MEMBER WILL SIGN A FORM INDICATING ANY CONFLICTS OF INTEREST. THESE SIGNED FORMS ARE REVIEWED BY THE PRESIDENT AND TREASURER FOR ANY POTENTIAL CONFLICTS NOTED. IF ANY CONFLICTS SHOULD ARISE THEY WOULD BE COMMUNICATED TO THE BOARD FOR APPROPRIATE RESOLUTION. ANY POTENTIAL CONFLICTS ARE ALSO MANAGED BY BOARD MEMBERS RECUSAL DURING RELATED DISCUSSIONS AND BOARD ACTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND OF ITS FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT. RPC 825 LLC 620 W LEXINGTON STREET 4TH FLOOR BALTIMORE MD 21201 141875043 OWN PROP BIOPARK MD 204604 N/A RPC 829 LLC 620 W LEXINGTON STREET 4TH FLOOR BALTIMORE MD 21201 141875043 OWN PROP BIOPARK MD 1130330 N/A RPC 8-14 LLC 620 W LEXINGTON STREET 4TH FLOOR BALTIMORE MD 21201 141875043 OWN PROP BIOPARK MD 433667 N/A RPC 900 LLC 620 W LEXINGTON STREET 4TH FLOOR BALTIMORE MD 21201 141875043 OWN PROP BIOPARK MD 4561480 N/A RPC 873 LLC 620 W LEXINGTON STREET 4TH FLOOR BALTIMORE MD 21201 141875043 OWN PROP BIOPARK MD 0 N/A RPC POPPLETON LLC 620 W LEXINGTON STREET 4TH FLOOR BALTIMORE MD 21201 141875043 OWN PROP BIOPARK MD -21596 0 N/A RPC 801 LLC 620 W LEXINGTON STREET 4TH FLOOR BALTIMORE MD 21201 141875043 OWN PROP BIOPARK MD 59358 N/A BIOPARK FAYETTE 801 W BALTIMORE STREET STE 505 BALTIMORE MD 21201 270214480 OWN PROP BIOPARK MD 0 N/A UNIVERSITY OF MARYLAND BALTIMORE 620 W LEXINGTON STREET 4TH FLOOR BALTIMORE MD 21201 526002033 UNIVERSITY MD 501(C)(3) 170(B)I(A)IV N/A 0 UNIVERSITY OF MARYLAND BALTIMORE FOUNDATION 620 W LEXINGTON STREET 2ND FLOOR BALTIMORE MD 21201 311678679 FOUNDATION MD 501(C)(3) 170(B)I(A)IV N/A 0 BIOPARK FREMONT LLC 620 W LEXINGTON ST BALTIMORE MD 21201 454966041 REAL ESTATE MD RPC POPPLETON RELATED -21956 0 0 0.50000 0 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 UNIVERSITY OF MARYLAND BALTIMORE K 271596 LEASE AGREEMENT UNIVERSITY OF MARYLAND BALTIMORE M 226208 SECURITY SERVICE AGREEMENT UNIVERSITY OF MARYLAND BALTIMORE B 845 REQUESTED AMOUNT UNIVERSITY OF MARYLAND BALTIMORE M 15433 SHUTTLE SERVICE UNIVERSITY OF MARYLAND BALTIMORE FOUNDATION B 214155 CASH PAYMENTS BIOPARK FREMONT LLC B 150000 CAPITAL NEEDS OF JOINT VENTURE