2025-03-05T18:38:11-06:00 2024-06-30 731413977 HOGANTAYLOR LLP 1225 N BROADWAY AVENUE SUITE 200 OKLAHOMA CITY OK 73103 990 2023-07-01 452067346 OKLAHOMA BIOSCIENCE INSTITUTE OKLA 4058132413 840 RESEARCH PARKWAY 250 OKLAHOMA CITY OK 73104 REX SMITHERMAN I2E PRESIDENT 4058132413 2025-02-26 1 0 ASHLEY M FOGLE P01258800 4058482020 2025-02-26 2023 2025-03-06 01:10:19Z OKLAHOMA BIOSCIENCE ASSOCIATION REX SMITHERMAN 840 RESEARCH PARKWAY 250 OKLAHOMA CITY OK 73104 143293 0 X WWW.I2E.ORG/OKBIO X 2011 OK THE MISSION OF THE OKLAHOMA BIOSCIENCE ASSOCIATION IS TO PROMOTE THE GROWTH OF BIOSCIENCES IN OKLAHOMA THROUGH PARTNERSHIP BUILDING, EDUCATION AND OUTREACH, NETWORKING, POLICY DEVELOPMENT AND PUBLICITY. X 24 24 0 40 0 0 169650 76320 97547 64168 0 0 -16365 -13065 250832 127423 350000 71911 0 0 72808 87923 0 0 2286 105038 16306 527846 176140 -277014 -48717 164898 0 116181 0 48717 0 X THE MISSION OF THE OKLAHOMA BIOSCIENCE ASSOCIATION IS TO PROMOTE THE GROWTH OF BIOSCIENCES IN OKLAHOMA THROUGH PARTNERSHIP BUILDING, EDUCATION AND OUTREACH, NETWORKING, POLICY DEVELOPMENT AND PUBLICITY. 0 1 148660 71911 64168 THE OKLAHOMA BIOSCIENCE INSTITUTE'S MISSION IS ACCOMPLISHED THROUGH EDUCATION AND TRAINING WORKSHOPS, GENERAL OUTREACH TO THE PUBLIC, AND EDUCATION AND INFORMATION SHARING MEDIA. 148660 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 X 4 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OK X REX SMITHERMAN 4058132404 840 RESEARCH PARKWAY SUITE 250 OKLAHOMA CITY OK 73104 ROSE WASHINGTON-JONES CHAIRMAN 1.00 1.00 X 0 0 0 MARK POOLE VICE CHAIRMAN 1.00 1.00 X 0 0 0 HOWARD BARNETT JR DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL BASCH DIRECTOR 1.00 1.00 X 0 0 0 STEVE CROPPER DIRECTOR 1.00 1.00 X 0 0 0 CARL EDWARDS DIRECTOR 1.00 1.00 X 0 0 0 PHILIP ELLER DIRECTOR 1.00 1.00 X 0 0 0 TOM EVANS DIRECTOR 1.00 1.00 X 0 0 0 CHRISTY GILLENWATER DIRECTOR 1.00 1.00 X 0 0 0 DANNY HILLIARD DIRECTOR 1.00 1.00 X 0 0 0 PHILIP KURTZ DIRECTOR 1.00 1.00 X 0 0 0 DEVON LANEY DIRECTOR 1.00 1.00 X 0 0 0 RICK MCCUNE DIRECTOR 1.00 1.00 X 0 0 0 JENNIFER MCGRAIL DIRECTOR 1.00 1.00 X 0 0 0 MARK NANCE DIRECTOR 1.00 1.00 X 0 0 0 DAVID PITTS DIRECTOR 1.00 1.00 X 0 0 0 RYAN POSEY DIRECTOR 1.00 1.00 X 0 0 0 DARRYL SCHMIDT DIRECTOR 1.00 1.00 X 0 0 0 CRAIG SHIMASAKI DIRECTOR 1.00 1.00 X 0 0 0 JAMES SPANN DIRECTOR 1.00 1.00 X 0 0 0 ROBERT THOMAS DIRECTOR 1.00 1.00 X 0 0 0 ANDREW S WEYRICH DIRECTOR 1.00 1.00 X 0 0 0 ROY WILLIAMS DIRECTOR 1.00 1.00 X 0 0 0 DUANE WILSON DIRECTOR 1.00 1.00 X 0 0 0 SCOTT MEACHAM CEO 0.25 7.50 X 0 196532 19630 REX SMITHERMAN I2E PRESIDENT 1.00 40.00 X 0 244146 18739 MARK LAUINGER SVP CLIENT SERVICES 1.00 40.00 X 0 188728 21927 JUDY BEECH VP OF FINANCE 1.00 40.00 X 0 182714 12005 MICHAEL LABRIE SECRETARY 1.00 1.00 X 0 0 0 RICHARD RAINEY VENTURE ADVISOR 1.00 40.00 X 0 133479 20271 SRIJITA GHOSH VENTURE ADVISOR 1.00 40.00 X 0 115650 10226 DARCY WILBORN VP OF OPERATIONS 1.00 40.00 X 0 137508 4124 JUSTIN WILSON IMCI MANAGING DIRECTOR/PRESIDENT 1.00 40.00 X 0 312876 25697 0 1511633 132619 0 0 1 0 0 18060 58260 76320 BIOTECHNOLOGY INNOVATI 541900 64168 64168 64168 2805 18060 15870 -13065 -13065 127423 64168 0 -13065 71911 71911 72887 57953 13039 1895 4135 3288 740 107 4579 3641 819 119 6322 5026 1131 165 4708 4708 5000 5000 302 302 1271 1271 1324 1324 1841 1841 975 975 DUES AND SUBSCRIPTIONS 485 485 SPECIAL EVENTS 400 400 176140 148660 25194 2286 164898 0 164898 0 660 0 115521 0 116181 0 X 48717 0 48717 0 164898 0 -48717 0 X 0 1 X 1 0 X 121875 156900 164067 175601 79125 697568 121875 156900 164067 175601 79125 697568 34586 662982 132 164 296 697864 290076 0.95000 0.95320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED BREWFEST 20865 18060 2805 15870 20865 18060 2805 15870 15870 -13065 0 I2E INC 840 RESEARCH PARKWAY SUITE 250 OKLAHOMA CITY OK 73104 731525913 501(C)(3) 71911 0 GENERAL OPERATIONS 1 0 0 0 0 0 0 0 0 0 JUSTIN WILSON IMCI MANAGING DIRECTOR/PRESIDENT 0 214125 0 98751 0 0 0 9637 0 16060 0 338573 0 0 REX SMITHERMAN I2E PRESIDENT 0 158057 0 86089 0 0 0 7387 0 11352 0 262885 0 0 SCOTT MEACHAM CEO 0 145816 0 50716 0 0 0 6021 0 13609 0 216162 0 0 MARK LAUINGER SVP CLIENT SERVICES 0 129598 0 59130 0 0 0 5867 0 16060 0 210655 0 0 JUDY BEECH VP OF FINANCE 0 128023 0 54691 0 0 0 5572 0 6433 0 194719 0 0 RICHARD RAINEY VENTURE ADVISOR 0 99800 0 33679 0 0 0 4211 0 16060 0 153750 0 0 PART I, LINE 3 THE ORGANIZATION RELIES ON I2E, INC., A RELATED TAX-EXEMPT ORGANIZATION, TO ESTABLISH COMPENSATION. CASH 2024-06-30 71911 CASH VALUE 731525913 I2E INC 840 RESEARCH PARKWAY SUITE 25 OKLAHOMA CITY OK 73104 501(C)(3) 0 0 0 0 SCHEDULE N, PART II, LINE 2 THE ORGANIZATION AND THE TRANSFEREE ORGANIZATION SHARE THE SAME DIRECTORS AND OFFICERS SO, WHILE THE ORGANIZATION'S DIRECTORS AND OFFICERS WILL BE SHOWN AS SUCH ON THE TRANSFEREE ORGANIZATION, THERE IS NO CHANGE TO THE TRANSFEREE ORGANIZATION'S CURRENT DIRECTOR OR OFFICER LISTING BECAUSE OF THIS TRANSACTION. FORM 990, PART III, LINE 3 OKLAHOMA BIOSCIENCE INSTITUTE CEASED ALL ACTIVITY DURING THE FISCAL YEAR AND TRANSFERRED ALL PROGRAMS TO THE OKC CHAMBER AS OF 6/30/2024. FORM 990, PART V, LINE 2B OKLAHOMA BIOSCIENCE INSTITUTE HAS A CO-EMPLOYMENT RELATIONSHIP WITH A COMPANY CALLED NEXTEP. NEXTEP IS THE ORGANIZATION'S PAYROLL SERVICE PROVIDER. EVERY STAFF MEMBER'S FORM W-2 IS PROVIDED UNDER THE NEXTEP TAX ID NUMBER. ALL W-3 TRANSMITTALS AND FORMS 941 ARE ALSO FILED UNDER THE NEXTEP TAX ID NUMBER. FORM 990, PART VI, SECTION A, LINE 1A THE SECRETARY IS A NON-VOTING MEMBER OF THE BOARD. THE ORGANIZATION HAS THE SAME BOARD OF DIRECTORS AND COMMITTEES AS ITS SOLE MEMBER, I2E, INC. THE PRIMARY FUNCTION OF THE EXECUTIVE COMMITTEE (COMMITTEE) IS TO EXERCISE POWERS OF THE BOARD OF DIRECTORS (BOARD) ON MATTERS WHICH ARISE BETWEEN REGULARLY SCHEDULED BOARD MEETINGS OR WHEN IT IS NOT PRACTICAL OR FEASIBLE FOR THE BOARD TO MEET. THE COMMITTEE WILL CONSIST OF ELEVEN (11) VOTING MEMBERS SELECTED BY THE BOARD FROM AMONG MEMBERS OF THE BOARD, INCLUDING THE FOLLOWING: BOARD CHAIR,BOARD VICE CHAIR, CHAIR OF THE FINANCE AND AUDIT COMMITTEE, CHAIR OF THE INVESTMENT COMMITTEE(S), CHAIR OF THE NOMINATING AND GOVERNANCE COMMITTEE, CHAIR OF THE COMPENSATION COMMITTEE, CHAIR OF THE GOVERNMENT RELATIONS COMMITTEE, CHAIR OF THE RESOURCE DEVELOPMENT COMMITTEE, IMMEDIATE PAST BOARD CHAIR AND SUCH AT-LARGE MEMBERS AS MAY BE DESIGNATED BY RESOLUTION ADOPTED BY THE BOARD. THE COMMITTEE IS CHAIRED BY THE BOARD CHAIR. IN THE EVENT THE BOARD CHAIR IS ABSENT, THE BOARD VICE CHAIR SHALL ACT AS THE CHAIR. THE PRESIDENT OF THE CORPORATION SHALL BE AN EX OFFICIO, NON-VOTING MEMBER OF THE COMMITTEE. KEY RESPONSIBILITIES: A) TO THE EXTENT PERMITTED BY APPLICABLE LAW, THE CERTIFICATE OF INCORPORATION AND THE BY LAWS, THE COMMITTEE IS EMPOWERED TO ACT FOR THE FULL BOARD ON ALL MATTERS, SUBJECT, HOWEVER, TO THE FOLLOWING LIMITATIONS. THE COMMITTEE SHALL NOT HAVE THE POWER OR AUTHORITY TO ACT ON THE FOLLOWING MATTERS: I) ADOPTING, AMENDING OR REPEALING ANY BYLAW, OR II) FILLING VACANCIES ON THE BOARD, III) CHANGING THE MEMBERSHIP OF, OR FILLING VACANCIES IN, THE EXECUTIVE COMMITTEE, OR IV) AMEND OR REPEAL ANY RESOLUTION ADOPTED OR ACTION TAKEN PREVIOUSLY BY THE BOARD B) THE COMMITTEE MAY ACT FOR THE BOARD ONLY WHEN THE BOARD IS NOT IN SESSION C) THE COMMITTEE MAY CALL A SPECIAL MEETING OF THE BOARD D) THE COMMITTEE SHALL REPORT ALL ACTION TAKEN BY IT TO THE BOARD AT ITS NEXT REGULAR MEETING SUCCEEDING THE TAKING OF SUCH ACTION E) UPON RECOMMENDATION OF THE COMPENSATION COMMITTEE, THE EXECUTIVE COMMITTEE SHALL REVIEW, MONITOR AND APPROVE ALL MATTERS CONCERNING COMPANY COMPENSATION, BENEFIT AND HUMAN RESOURCE PHILOSOPHY, PRIORITIES AND OBJECTIVES F) UPON RECOMMENDATION OF THE COMPENSATION COMMITTEE, THE EXECUTIVE COMMITTEE SHALL MONITOR THE PERFORMANCE OF THE CORPORATION'S PRESIDENT AND APPROVE COMPENSATION AND OTHER EMPLOYMENT TERMS, AND SHALL PLAN AND PROVIDE OVERSIGHT FOR THE SUCCESSION PROCESS FOR THE PRESIDENT FORM 990, PART VI, SECTION A, LINE 2 REX SMITHERMAN AND MARK LAUINGER ARE EMPLOYED BY I2E, INC., A RELATED TAX-EXEMPT ORGANIZATION. SCOTT MEACHAM AND JUSTIN WILSON ARE EMPLOYED BY I2E MANAGEMENT COMPANY, INC. WHICH IS A 100% OWNED CORPORATION OF I2E, INC. MEMBERS OF THE BOARD ARE ALSO BOARD MEMBERS OF I2E, INC. THEREFORE, A BUSINESS RELATIONSHIP EXISTS AMONGST THESE INDIVIDUALS. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS I2E, INC., A RELATED TAX-EXEMPT ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 IS MADE AVAILABLE TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS THE SAME BOARD AND OFFICERS AND OPERATES UNDER THE SAME CONFLICT OF INTEREST POLICY AS ITS SOLE MEMBER, I2E, INC., A RELATED TAX-EXEMPT ORGANIZATION. ENFORCEMENT OF CONFLICTS POLICY EACH BOARD MEMBER, OFFICER, AGENT AND EMPLOYEE AGREES THAT IF THEY HAVE ANY DIRECT OR ANY INDIRECT INTEREST IN ANY APPROVAL, CONTRACT OR AGREEMENT UPON WHICH THEY MAY BE CALLED UPON TO ACT OR VOTE, THEY SHALL DISCLOSE THE SAME TO THE BOARD OF I2E, INC. PRIOR TO THE TAKING OF ANY ACTION BY I2E, INC. CONCERNING SUCH CONTRACT OR AGREEMENT AND WILL DISCLOSE THE NATURE AND EXTENT OF SUCH INTEREST AND ACQUISITION THEREOF. THIS DISCLOSURE IS PUBLICLY ACKNOWLEDGED BY I2E, INC. AND ENTERED UPON THE MINUTES OF I2E, INC. IF A BOARD MEMBER, OFFICER, AGENT OR EMPLOYEE HOLDS SUCH AN INTEREST, THEY MUST REFRAIN FROM ANY FURTHER OFFICIAL INVOLVEMENT IN REGARD TO SUCH CONTRACT OR AGREEMENT, FROM VOTING ON ANY MATTER PERTAINING TO SUCH CONTRACT OR AGREEMENT, AND FROM COMMUNICATING WITH OTHER BOARD MEMBERS, OFFICERS, AGENTS OR EMPLOYEES CONCERNING SAID CONTRACT OR AGREEMENT. IN THE COURSE OF ALL I2E, INC. RELATED MEETINGS OR ACTIVITIES, EACH BOARD MEMBER, OFFICER, AGENT AND EMPLOYEE AGREES TO DISCLOSE ANY INTERESTS IN ANY TRANSACTION OR DECISION WHERE THEY, INCLUDING THEIR BUSINESS OR OTHER AFFILIATIONS, THEIR FAMILY, EMPLOYER, OR CLOSE ASSOCIATES WILL RECEIVE A BENEFIT OR GAIN. AFTER DISCLOSURE, THEY UNDERSTAND THAT THEY WILL REMOVE THEMSELVES PRIOR TO ANY DISCUSSION AND WILL NOT VOTE ON OR OTHERWISE PARTICIPATE IN ANY DECISION INVOLVING THE POTENTIAL CONFLICT. EACH EMPLOYEE SHALL BE RESPONSIBLE FOR PROMPTLY REPORTING TO THE INVESTMENTS COMPLIANCE OFFICER ANY POTENTIAL EMPLOYEE CONFLICTS OF INTEREST THAT MIGHT EXIST WITH RESPECT TO A POTENTIAL INVESTMENT OF ANY FUNDS MANAGED BY THE COMPANY OR WITH RESPECT TO ANY COMPANY IN WHICH THE COMPANY HAS PREVIOUSLY INVESTED FUNDS IT MANAGES. FOR THE PURPOSE OF THIS SECTION "POTENTIAL EMPLOYEE CONFLICTS OF INTEREST" SHALL INCLUDE ANY FINANCIAL INTEREST IN OR WITH A POTENTIAL OR ACTUAL RECIPIENT OF COMPANY MANAGED FUNDS BY THE EMPLOYEE, THE EMPLOYEE'S SPOUSE, ANY CHILD OF THE EMPLOYEE OR ANY PARENT, BROTHER OR SISTER OR SPOUSE OR CHILD OF A BROTHER OR SISTER OF THE EMPLOYEE, OR INDIVIDUAL OWNING AN INTEREST IN EXCESS OF 10% IN ANY ENTITY IN WHICH THE EMPLOYEE OWNS AN INTEREST IN EXCESS OF 10%(COLLECTIVELY, THE "EMPLOYEE CONFLICT GROUP"). FOR PURPOSES OF THIS SECTION, AN EMPLOYEE SHALL BE DEEMED TO HAVE INDIRECT OWNERSHIP AND CONTROL OF AN ENTITY IN WHICH A MEMBER OF THE EMPLOYEE CONFLICT GROUP HAS AN OWNERSHIP IN EXCESS OF 10% OR SERVES AS CEO OR PRESIDENT. THE COMPANY SHALL NOT MAKE AN INVESTMENT IN A COMPANY WITH A POTENTIAL EMPLOYEE CONFLICT OF INTEREST EXCEPT THAT THE EXECUTIVE COMMITTEE MAY APPROVE FOLLOW-ON INVESTMENTS OR OTHER SUBSEQUENT INVESTMENTS IN COMPANIES IN WHICH THE COMPANY HAS PREVIOUSLY MADE AN INVESTMENT WHERE THE POTENTIAL EMPLOYEE CONFLICT OF INTEREST AROSE OR BECAME APPARENT AFTER THE INITIAL INVESTMENT AND THE EXECUTIVE COMMITTEE DETERMINES SUCH INVESTMENT IS IN THE BEST INTEREST OF THE PARTICULAR FUND FROM WHICH THE PREVIOUS INVESTMENT WAS MADE. EACH DIRECTOR AND COMMITTEE MEMBER WHO SERVES ON A BOARD COMMITTEE CHARGED WITH INVESTMENT OF FUNDS MANAGED BY THE COMPANY WITH RESPECT TO PROPOSED INVESTMENTS BY THE COMMITTEE ON WHICH THE INDIVIDUAL SERVES AND ANY DIRECTOR SERVING ON THE EXECUTIVE COMMITTEE OR COMPENSATION COMMITTEE SHALL PROMPTLY REPORT TO THE INVESTMENTS COMPLIANCE OFFICER, THE CEO AND THE CHAIRMAN OF THE COMMITTEE CONSIDERING INVESTMENT ANY PROPOSED INVESTMENT OF COMPANY MANAGED FUNDS WHICH COULD PRESENT POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO THE BOARD MEMBER ("POTENTIAL BOARD MEMBER CONFLICT"). A POTENTIAL BOARD MEMBER CONFLICT SHALL BE DEFINED AS ANY FINANCIAL INTEREST INVOLVING DIRECT OWNERSHIP INTEREST OR INDIRECT OWNERSHIP AS DEFINED BELOW, EMPLOYMENT RELATIONSHIP OR CONTRACTUAL RELATIONSHIP WITH AN AGGREGATE VALUE IN EXCESS OF $25,000 IN OR WITH THE POTENTIAL RECIPIENT OF COMPANY MANAGED FUNDS BY THE DIRECTOR, THE DIRECTOR'S SPOUSE, ANY CHILD OF THE DIRECTOR OR ANY PARENT, BROTHER OR SISTER OR SPOUSE OR CHILD OF A BROTHER OR SISTER OF THE DIRECTOR, OR INDIVIDUAL OWNING AN INTEREST IN EXCESS OF 10% IN ANY ENTITY IN WHICH THE DIRECTOR OWNS AN INTEREST IN EXCESS OF 10%(COLLECTIVELY, THE "DIRECTOR CONFLICT GROUP"). FOR PURPOSES OF THIS SECTION, A DIRECTOR SHALL BE DEEMED TO HAVE INDIRECT OWNERSHIP AND CONTROL OF ANY ENTITY IN WHICH A MEMBER OF THE DIRECTOR CONFLICT GROUP HAS AN OWNERSHIP IN EXCESS OF 10% OR SERVES AS CEO OR PRESIDENT. IT SHALL NOT BE CONSIDERED A POTENTIAL BOARD MEMBER CONFLICT FOR A COMPANY DIRECTOR OR COMMITTEE MEMBER TO SERVE AS AN OFFICER OR DIRECTOR OF A COMPANY RECEIVING COMPANY MANAGED FUNDS PROVIDED SUCH SERVICE IS AFTER THE DATE OF THE INVESTMENT OF COMPANY MANAGED FUNDS AND NO AGREEMENT FOR SUCH SERVICE OR DISCUSSIONS RELATING TO SUCH SERVICE EXISTED OR HAD TAKEN PLACE AS OF THE DATE OF THE INVESTMENT OF COMPANY MANAGED FUNDS AND AT LEAST 90 DAYS HAVE EXPIRED SINCE THE DATE OF THE INVESTMENT OF COMPANY MANAGED FUNDS. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE ON GUIDESTAR. EXISTENCE OF CONFLICT OF INTEREST POLICY IS NOTED IN THE 990. FINANCIAL STATEMENTS ARE INCLUDED IN THE CONSOLIDATED FINANCIAL INFORMATION PROVIDED IN I2E, INC.'S ANNUAL REPORT AVAILABLE TO THE PUBLIC AND ON I2E, INC.'S WEBSITE. GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST FROM THE VICE PRESIDENT OF FINANCE. I2E INC 840 RESEARCH PARKWAY SUITE 250 OKLAHOMA CITY OK 73104 731525913 NURTURING ENTREPRENEURS & HIGH-GROWTH COMPANIES IN OKLAHOMA OK 501(C)(3) LINE 10 0 I2E MANAGEMENT COMPANY INC 840 RESEARCH PARKWAY SUITE 250 OKLAHOMA CITY OK 73104 752986777 MANAGEMENT OK N/A C 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0