2024-05-14T13:13:12-05:00 2023-06-30 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2022-07-01 452257442 MGHPCC HOLYOKE INC MGHP 4135524900 100 BIGELOW STREET HOLYOKE MA 01040 JOHN GOODHUE PRESIDENT AND EXECUTIVE DIRECTOR 4135524900 2024-05-14 1 JOHN GOODHUE 999009999 1 LAURA KIELCZEWSKI P00740769 6176481400 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN GOODHUE 100 BIGELOW STREET HOLYOKE MA 01040 145505 0 X WWW.MGHPCC.ORG X 2011 MA MAINTAIN A FACILITY WHICH WILL HOUSE A HIGH PERFORMANCE COMPUTING CENTER TO SUPPORT, ASSIST, ENHANCE, AND ADVANCE THE SCIENTIFIC RESEARCH ACTIVITIES OF ITS MEMBER UNIVERSITIES. 5 0 0 0 0 0 0 0 145503 145503 2 2 0 0 145505 145505 0 0 0 0 0 0 0 0 0 2264745 2087756 2264745 2087756 -2119240 -1942251 54243591 52156837 3078219 2933716 51165372 49223121 TO 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. 0 0 2087756 145503 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. 2087756 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 0 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 0 0 MA X JOHN GOODHUE 4135524900 100 BIGELOW STREET HOLYOKE MA 01040 DAVID LUZZI DIRECTOR 1.00 40.00 X 0 687010 60828 GLORIA WATERS DIRECTOR 1.00 55.00 X 0 499246 35729 JOHN SHAW DIRECTOR 1.00 40.00 X 0 517148 68669 MARIA ZUBER DIRECTOR 1.00 60.00 X 0 548182 37703 MICHAEL MALONE DIRECTOR 1.00 40.00 X 0 388787 85939 CHRISTOPHER SIMMONS CLERK (FROM 8/20/22) 1.00 40.00 X 0 74787 6421 JOHN GOODHUE PRESIDENT 1.00 40.00 X 0 305730 37439 SUSAN SCANNELL CLERK (THROUGH 8/19/22) 1.00 40.00 X 0 102242 12629 THOMAS NEDELL TREASURER 1.00 40.00 X 0 929193 232000 CHRISTOPHER STUBBS FORMER DIRECTOR 1.00 40.00 X 0 496879 67051 0 4549204 644408 0 1 1 0 0 RENTAL INCOME 531110 145503 145503 145503 2 2 145505 145503 0 2 2087756 2087756 2087756 2087756 0 0 3750 4752 75781835 23629750 54239841 52152085 54243591 52156837 3078219 2933716 3078219 2933716 X 51165372 49223121 51165372 49223121 54243591 52156837 -1942251 0 X 0 0 0 X X 5 MASS INSTITUTE OF TECHNOLOGY 042103594 2 1 0 0 NORTHEASTERN UNIVERSITY 041679980 2 1 0 0 UNIVERSITY OF MASSACHUSETTS 043167352 6 1 0 0 BOSTON UNIVERSITY 042103547 2 1 0 0 PRESIDENT AND FELLOWS OF HARVARD COLLEGE 042103580 2 1 0 0 5 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 2: UNIVERSITY OF MASSACHUSETTS IS A SUPPORTED ORGANIZATION THAT IS A STATE UNIVERSITY UNDER SECTION 115 AND THEREFORE NOT REQUIRED TO OBTAIN RECOGNITION OF PUBLIC CHARITY STATUS. 1258285 1258285 74523550 23629750 50893800 52152085 DEFERRED RENT 2933716 2933716 X PART X, LINE 2: 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 ("IRS"). THE MGHPCC 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 2023 AND 2022. THE MGHPCC ENTITIES FILE TAX RETURNS WITH THE IRS AND OTHER TAX AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED 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 2020 REMAIN OPEN. X X 0 0 0 0 0 0 0 0 0 THOMAS NEDELL TREASURER 0 759686 0 109420 0 60087 0 155500 0 76500 0 1161193 0 0 DAVID LUZZI DIRECTOR 0 356829 0 75018 0 255163 0 30500 0 30328 0 747838 0 0 MARIA ZUBER DIRECTOR 0 525932 0 0 0 22250 0 15250 0 22453 0 585885 0 0 JOHN SHAW DIRECTOR 0 449048 0 15000 0 53100 0 38400 0 30269 0 585817 0 0 CHRISTOPHER STUBBS FORMER DIRECTOR 0 379776 0 10000 0 107103 0 38400 0 28651 0 563930 0 0 GLORIA WATERS DIRECTOR 0 495100 0 0 0 4146 0 35306 0 423 0 534975 0 0 MICHAEL MALONE DIRECTOR 0 382238 0 6456 0 93 0 74727 0 11212 0 474726 0 0 JOHN GOODHUE PRESIDENT 0 305264 0 0 0 466 0 15250 0 22189 0 343169 0 0 PART I, LINE 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 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. FORM 990, PART VI, SECTION A, 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"). FORM 990, PART VI, SECTION A, 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 BUSINESS AND AFFAIRS OF THE CORPORATION SHALL BE CONTROLLED AND GOVERNED BY THE BOARD OF DIRECTORS, WHICH SHALL HAVE THE RIGHT TO EXERCISE ALL POWERS OF THE CORPORATION AS PERMITTED BY LAW. THE BOARD SHALL BE COMPRISED OF THE MEMBERS OF THE EXECUTIVE COMMITTEE OF THE MASSACHUSETTS GREEN HIGH PERFORMANCE COMPUTING CENTER, INC. SERVING EX OFFICIO. FORM 990, PART VI, SECTION B, 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. FORM 990, PART VI, SECTION B, LINE 12C THE CLERK OF THE CORPORATION OR THE EXECUTIVE DIRECTOR 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. FORM 990, PART VI, SECTION B, 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. FORM 990, PART VI, SECTION C, 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. FORM 990, PART IV, LINE 12A AND PART XII, LINE 2B: THIS 990 IS BEING PREPARED WITH THE BEST AVAILABLE INFORMATION AT THE TIME. UPON COMPLETION OF THE AUDIT, IF THERE ARE ANY SIGNIFICANT CHANGES, APPROPRIATE ACTION WILL BE TAKEN. MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASSACHUSETTS AVE NE49-3142 CAMBRIDGE MA 02139 042103594 EDUCATION MA 501(C)(3) LINE 2 N/A 0 NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVE BOSTON MA 02115 041679980 EDUCATION MA 501(C)(3) LINE 2 N/A 0 UNIVERSITY OF MASSACHUSETTS ONE BEACON ST BOSTON MA 02108 043167352 EDUCATION MA 115 N/A 0 BOSTON UNIVERSITY 881 COMMONWEALTH AVE 4TH FLOOR BOSTON MA 02215 042103547 EDUCATION MA 501(C)(3) LINE 2 N/A 0 PRESIDENT AND FELLOWS OF HARVARD COLLEGE 1033 MASSACHUSETTS AVE 3RD FL CAMBRIDGE MA 02138 042103580 EDUCATION MA 501(C)(3) LINE 2 N/A 0 MGHPCC INC 100 BIGELOW ST HOLYOKE MA 01040 273014805 RESEARCH MA 501(C)(3) LINE 12B, II N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0