2025-02-03T19:40:19-06:00 2023-12-31 721088864 LAPORTE APAC 8555 UNITED PLAZA SUITE 400 BATON ROUGE LA 70809 990 2023-01-01 582087281 RESEARCH PARK CORPORATION RESE 2252181100 7117 FLORIDA BOULEVARD BATON ROUGE LA 70806 CALVIN MILLS ADMINISTRATIVE MANAGEMENT CONSULTAN 2252181100 2025-02-03 1 1 ETHAN ALLEN CPA P01903785 2252965150 2025-01-29 2023 2025-03-06 01:10:19Z NEXUS LOUISIANA CALVIN MILLS 7117 FLORIDA BLVD BATON ROUGE LA 70806 9085043 0 X WWW.NEXUSLA.ORG X 1992 LA RESEARCH PARK CORPORATION WAS ORGANIZED TO ATTRACT INDUSTRIES TO BATON ROUGE AND THE STATE OF LOUISIANA. THE ORGANIZATION'S MISSION IS TO ACCELERATE THE GROWTH OF HIGH-POTENTIAL TECHNOLOGY ENABLED COMPANIES BY PROVIDING THEM WITH COACHING, CAPITAL AND CONNECTIONS. 12 12 15 174 24634 27130 2019926 1803477 339206 257846 195788 1112568 23338 26954 2578258 3200845 0 0 0 0 1020974 1325145 0 0 60000 1838055 2574089 2859029 3899234 -280771 -698389 18588963 20374616 329343 1329275 18259620 19045341 RESEARCH PARK CORPORATION WAS ORGANIZED TO ATTRACT INDUSTRIES TO BATON ROUGE AND THE STATE OF LOUISIANA. THE ORGANIZATION'S MISSION IS TO ACCELERATE THE GROWTH OF HIGH-POTENTIAL TECHNOLOGY ENABLED COMPANIES BY PROVIDING THEM WITH COACHING, CAPITAL AND CONNECTIONS. 0 0 3094383 260166 DEVELOPING A RESEARCH PARK FOR THE CITY OF BATON ROUGE IN ORDER TO ATTRACT VARIOUS INDUSTRIES TO LOUISIANA. RESEARCH PARK CORPORATION WORKED WITH APPROXIMATELY 40 START-UP COMPANIES IN 2023 BY PROVIDING THE START-UPS WITH ALL OF THE PHYSICAL THINGS NEEDED TO START A BUSINESS, SUCH AS OFFICE SPACE, FURNITURE, PHONES, INTERNET CONNECTIVITY, AND USE OF A SHARED CONFERENCE ROOM. RESEARCH PARK CORPORATION ALSO PROVIDES BUSINESS COUNSELING IN THE AREAS OF ACCOUNTING, FINANCE, TAX CREDITS, MARKETING, AND PUBLIC RELATIONS. RESEARCH PARK CORPORATION ALSO EDUCATES THE START-UP COMPANIES AND LINKS THEM TO RESOURCES IN THE COMMUNITY THROUGH IN HOUSE EDUCATIONAL WORKSHOPS, ADVISORY BOARD PROGRAMS, AND ITS STRATEGIC PARTNER NETWORK. 3094383 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 41 0 1 15 1 1 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CALVIN MILLS 2252181100 7117 FLORIDA BOULEVARD BATON ROUGE LA 70806 DR MICHAEL STUBBLEFIELD DIRECTOR 0.50 X 0 0 0 ANITA TILLMAN CHAIRMAN 0.50 X X 0 0 0 ISAAC THOMAS DIRECTOR 0.50 X 0 0 0 CALVIN MILLS JR INTERIM PRESIDENT & CEO 40.00 X X 175000 0 0 ROSS REILLY DIRECTOR 0.50 X 0 0 0 ANITA BYRNE VICE CHAIR 0.50 X X 0 0 0 TREY GODFREY DIRECTOR 0.50 X 0 0 0 TERRY LANDRY DIRECTOR 0.50 X 0 0 0 TEDRA CHEATHAM DIRECTOR 0.50 X 0 0 0 DR ROBERT TWILLEY DIRECTOR 0.50 X 0 0 0 DR WILLIE SMITH SR DIRECTOR 0.50 X 0 0 0 MONETTE DAVIS DIRECTOR 0.50 X 0 0 0 MACKENZIE RODRIGUEZ DIRECTOR 0.50 X 0 0 0 FREDERICK STEPHEN LOY EXECUTIVE DIRECTOR 40.00 X 189730 0 52122 364730 0 52122 2 0 1 0 0 1547619 255858 1803477 INCUBATOR FEES 900099 246249 246249 OTHER INCOME 900099 11597 11597 257846 297834 297834 6698932 5884198 814734 814734 814734 OTHER INCOME FROM PUBLICALLY TRAD 523000 24634 24634 MISCELLANEOUS 532000 2320 2320 26954 3200845 260166 24634 1112568 160407 160407 825882 778089 47793 268273 254019 14254 70583 66841 3742 87359 8240 79119 47038 4437 42601 155990 155990 357703 47228 250475 60000 299597 299597 52482 48247 4235 18491 16667 1824 73742 58295 15447 133037 60493 72544 675899 646159 29740 25446 18580 6866 PROGRAM EXPENSES 445415 445415 DATA CENTER SERVICES 124794 124794 INCUBATOR PROGRAMS - ME 37781 21686 16095 DUES & SUBSCRIPTIONS 26138 22012 4126 13177 13177 3899234 3094383 744851 60000 756772 248757 649340 1566078 1700002 1700002 71518 22790 1454162 1292957 181603 161205 15052793 15715638 176935 960146 18588963 20374616 114929 137931 15547 15547 198867 1175797 329343 1329275 X 18259620 19045341 18259620 19045341 18588963 20374616 X -698389 1508744 -24634 X X 0 1 X 1 0 X 1629648 1120912 1744474 1808801 1803477 8107312 1629648 1120912 1744474 1808801 1803477 8107312 8107312 219126 123390 214035 1366264 1112568 3035383 -5568 14969 7397 18427 24634 59859 11202554 1131468 0.72370 0.75150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 30000 30000 0 PART II-B, LINE 1: RESEARCH PARK CORPORATION PAYS $2,500 PER MONTH TO A CONSULTING FIRM TO LOBBY ON ITS BEHALF WITH STATE AND CITY OFFICIALS REGARDING ISSUES GERMANE TO THE ORGANIZATION'S EXEMPT PURPOSE. 926630 822756 103874 494708 444726 49982 32824 25475 7349 161205 SECURITY DEPOSITS 13897 OPERATING LEASE LIABILITY 1161900 1175797 4528965 1508744 1508744 3020221 155990 24634 180624 3200845 3743244 0 3743244 155990 155990 3899234 PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOK TO TAX DIFFERENCE OF PUBLICALLY TRADED PARTNERSHIP INCOME 24,634. 1 THE MADINA GROUP CONSULTING LLC 5747 BRIGHTON PLACE NEW ORLEANS LA 70131 CONSULTING 0 0 60000 -60000 60000 -60000 X X 0 0 0 0 0 0 0 0 0 FREDERICK STEPHEN LOY EXECUTIVE DIRECTOR 189730 0 0 0 0 0 13281 0 38841 0 241852 0 0 0 CALVIN MILLS JR INTERIM PRESIDENT & CEO 175000 0 0 0 0 0 0 0 0 0 175000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES AN ELECTRONIC COPY OF THE DRAFT FORM 990 TO EACH BOARD MEMBER. THERE IS A 10-DAY PERIOD FOR ANY COMMENTS OR CORRECTIONS THAT NEED TO BE MADE TO THE FORM 990. IF THERE ARE NO CORRECTIONS, FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION COLLECTS WRITTEN STATEMENTS FROM EACH DIRECTOR ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE AND THE BOARD OF DIRECTORS MAKE DECISIONS ON THE COMPENSATION OF THE PRESIDENT/CEO. UTILIZING DATA OF SIMILAR ORGANIZATIONS IN THE REGION, A BENCHMARK FOR DETERMINATION OF MANAGEMENT SALARIES IS DEVELOPED. THE BOARD USES THIS INFORMATION AND THE PAST PERFORMANCE OF THE PRESIDENT/CEO TO DETERMINE SALARY. THE APPROVAL OF COMPENSATION BY THE BOARD IS DOCUMENTED IN THE COMMITTEE AND BOARD MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES OF ALL GOVERNING DOCUMENTS, WRITTEN POLICIES, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BOOK TO TAX DIFFERENCE FROM PUBLICALLY TRADED PARTNERSHIP INCOME -24,634. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM LAST YEAR. LOUISIANA TECHNOLOGY PARK LLC 7117 FLORIDA BLVD BATON ROUGE LA 70806 710843801 ACT AS THE TECHNOLOGY BUSINESS INCUBATOR FOR THE DEVELOPMENT STAGE COMPANIES LA 399179 1226570 RESEARCH PARK CORPORATION BON CARRE DEVELOPMENT COMPANY LLC 7117 FLORIDA BLVD BATON ROUGE LA 70806 200507876 OWNERSHIP OF A PROMISSORY NOTE FROM BON CARRE BUSINESS CENTER II, LLC LA 0 1700002 RESEARCH PARK CORPORATION NEXUSLA LLC 7117 FLORIDA BLVD BATON ROUGE LA 70806 582087281 CONNECT COMPANIES TO CAPITAL, RESOURCHES, AND A DIVERSE WORKFORCE. LA 115326 50699 RESEARCH PARK CORPORATION