2024-05-09T13:54:15-05:00 2023-06-30 341912961 COHEN & COMPANY LTD OFFICES LISTED AT WWWCOHENCPACOM OH 44115 990 2022-07-01 341947257 BIOENTERPRISE CORPORATION BIOE 2166583999 PO BOX 180 GRAND RIVER OH 440459800 JOHN K LANE PRESIDENT AND TREASURER 2166583999 2024-05-08 1 JOHN LANE 999009999 0 X PARGAT SINGH P02184330 8002291099 2024-05-08 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JOHN K LANE PO BOX 180 GRAND RIVER OH 440459800 6428313 0 X WWW.BIOENTERPRISE.COM X 2000 OH TO FOSTER ECONOMIC DEVELOPMENT AND COMMERCIALIZE BIOSCIENCE TECHNOLOGIES TO IMPROVE PUBLIC HEALTH. X 4 4 3 0 0 0 553814 0 487991 570801 874067 2587166 5191 1196744 1921063 4354711 0 3600000 0 0 92167 76599 0 0 0 1391467 931369 1483634 4607968 437429 -253257 2389424 610093 1526074 0 863350 610093 X BIOENTERPRISE WAS A BUSINESS FORMATION, RECRUITMENT, AND ACCELERATION INITIATIVE DESIGNED TO FOSTER ECONOMIC DEVELOPMENT AND TO GROW HEALTH CARE COMPANIES, AND COMMERCIALIZE BIOSCIENCE TECHNOLOGIES TO IMPROVE PUBLIC HEALTH. 0 1 4194021 3600000 1767545 BIOSCIENCE INCUBATOR: BIOENTERPRISE HAD A 44,000 SQUARE FOOT INCUBATOR DESIGNED TO PROVIDE LOW-COST FACILITIES AND SERVICES FOR BIOMEDICAL ENTREPRENEURS AND START-UP COMPANIES. THE INCUBATOR HAD WET LABS, DRY LABS, OFFICE SPACE AND MEETING ROOMS FOR PHARMACEUTICAL, MEDICAL DEVICE AND DIAGNOSTIC INFORMATION TECHNOLOGY TENANTS AND REGIONAL BIOSCIENCE AND COMMUNITY MEETINGS. THE INCUBATOR ALSO HAD A SPECIAL EQUIPMENT ROOM WITH EQUIPMENT THAT WOULD NORMALLY BE UNAVAILABLE TO THE START-UP COMPANIES. 4194021 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1 0 0 0 1 4 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X UEHLINGER TABLACK CPAS 2164381040 5755 GRANGER RD SUITE 340 INDEPENDENCE OH 44131 X JOHN LANE PRESIDENT, SECRETARY AND TREASURER 1.00 X X 0 0 0 PETER POULOS DIRECTOR 1.00 X 0 0 0 JOSEPH RICH DIRECTOR 1.00 X 0 0 0 DAVID SYLVAN DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVENUE CLEVELAND OH 44106 ANNUAL MAINTENANCE CHARGE FOR INCUBATOR 153545 MCDONALD HOPKINS LLC 600 SUPERIOR AVE E SUITE 2100 CLEVELAND OH 44114 LEGAL SERVICES 131163 2 INCUBATOR REVENUE 532000 570801 570801 570801 91000 91000 4569768 2073602 2496166 2496166 2496166 CANCELATION OF DEBT 541610 1157918 1157918 BWC/HEALTHCARE REFUND 541610 38826 38826 1196744 4354711 1767545 0 2587166 3600000 3600000 30334 26649 3685 4630 4009 621 67 58 9 41568 36260 5308 82683 82683 301501 15075 286426 45726 45180 546 31431 27546 3885 25098 21970 3128 2031 2031 254811 224006 30805 18648 16324 2324 INCUBATOR EXPENSE 94261 94261 SETTLEMENT CHARGES 75179 75179 4607968 4194021 413947 0 74142 623883 336 216 26635 0 0 0 2302317 0 -14006 -14006 2389424 610093 1407038 0 81786 37250 0 1526074 0 X 863350 610093 863350 610093 2389424 610093 -253257 0 X X 0 0 0 X 2856006 1180025 73415 553814 4663260 2856006 1180025 73415 553814 4663260 4663260 1300 300306 1180000 874067 91000 2446673 158289 86 158375 7268308 7517875 0.64160 0.76580 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 86. MANAGEMENT FEE INCOME - 2018 AMOUNT: $ 158,289. 447202 447202 670803 66174 66174 111801 111801 167702 0 CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVENUE CLEVELAND OH 44106 341018992 501(C)3 1200000 0 TO FOSTER ECONOMIC DEVELOPMENT AND COMMERCIALIZE BIOSCIENCE TECHNOLOGIES TO IMPROVE PUBLIC HEALTH. THE CLEVELAND CLINIC FOUNDATION 6801 BRECKVILLE ROAD RK1-85 INDEPENDENCE OH 44131 340714585 501(C)3 1200000 0 TO FOSTER ECONOMIC DEVELOPMENT AND COMMERCIALIZE BIOSCIENCE TECHNOLOGIES TO IMPROVE PUBLIC HEALTH. UNIVERSITY HOSPITALS HEALTH SYSTEM INC 3605 WARRENSVILLE CENTER ROAD SHAKER HEIGHTS OH 44122 340714775 501(C)3 1200000 0 TO FOSTER ECONOMIC DEVELOPMENT AND COMMERCIALIZE BIOSCIENCE TECHNOLOGIES TO IMPROVE PUBLIC HEALTH. 3 0 ALL REAL ESTATE, EQUIPMENT, FURNITURE, FIXTURES, TENANT DEPOSITS, AND ASSIGNMENT OF LEASES 2023-04-07 4569768 SALES PRICE FROM CLOSING STATEMENT 341018992 CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVE CLEVELAND OH 441067173 501(C)(3) 0 1 0 0 PART II, LINE 2E: PERSON(S) INVOLVED: PETER POULUS PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: DIRECTOR LISTED IS THE MEMBER REPRESENTATUVE OF CASE WESTERN RESERVE UNIVERISTY WHICH WAS THE PURCHASER OF ASSETS SOLD PURSUANT TO THE PLAN APPROVED BY OHIO ATTORNEY GENERAL'S OFFICE. FORM 990, PART III, LINE 3 THE ORGANIZATION IS WINDING DOWN OPERATIONS AND SOLD ITS REAL ESTATE ASSETS PURSUANT TO THE PLAN APPROVED BY THE OHIO ATTORNEY GENERAL'S OFFICE. FORM 990, PART VI, SECTION A, LINE 6 BIOENTERPRISE HAS 3 NAMED MEMBERS IN ITS CODE OF REGULATIONS; CASE WESTERN RESERVE UNIVERSITY (CWRU), CLEVELAND CLINIC FOUNDATION (CFF) AND UNIVERSITY HOSPITALS HEALTH SYSTEMS (UHHS). FORM 990, PART VI, SECTION A, LINE 7A CWRU, CCF AND UHHS HAVE FULL POWER OF GOVERNANCE OVER THE AFFAIRS OF THE CORPORATION AND SHALL EXERCISE THE RIGHTS AND PRIVILEGES. MEMBERS DELEGATE TO THE BOARD OF DIRECTORS THE AUTHORITY AND DUTY TO OVERSEE AND GOVERN THE AFFAIRS OF THE CORPORATION. ANY MATTERS THAT CANNOT BE VOTED ON BY THE BOARD OF DIRECTORS WILL BE BROUGHT TO THE MEMBERS FOR UNANIMOUS APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND AUDIT COMMITTEE OF THE BIOENTERPRISE BOARD OF DIRECTORS REVIEWS FORM 990 AND REPORTS TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C TWO VICE PRESIDENTS MONITOR THE CONFLICT OF INTEREST STATEMENTS FROM BOARD MEMBERS AND EMPLOYEES; NOTED CONFLICTS ARE REVIEWED ALSO BY LEGAL COUNSEL AND THE BOARD'S FINANCE AND AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE SOLE EMPLOYEE AT THE END OF THE FISCAL YEAR IS REVIEWED AND ADJUSTED AT THE BOARD LEVEL. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES IN THE PROCESS HAVE OCCURRED FROM THE PRIOR YEAR. BIOENTERPRISE MANAGEMENT CORPORATION 1 ST CLAIR AVENUE CLEVELAND OH 44114 270291510 MANAGEMENT COMPANY OH N/A C -123615 7501 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0