2024-02-14T15:40:55-06:00 2023-06-30 561031342 WILLIAMS OVERMAN PIERCE LLP 2501 ATRIUM DRIVE SUITE 500 RALEIGH NC 27607 990 2022-07-01 561444287 NC STATE UNIVERSITY PARTNERSHIP CORP NCST 9195137149 NCSU BOX 7207 RALEIGH NC 27695 DANA HARRIS PRESIDENT 9195137149 2023-12-07 1 DANA HARRIS 999009999 1 MARYELLEN PRANCE CPA P01662078 9197823444 2023-12-07 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DANA HARRIS NCSU BOX 7207 RALEIGH NC 27695 3765774 0 X SEE SCHEDULE O X 1984 NC TO SUPPORT AND BENEFIT NORTH CAROLINA STATE UNIVERSITY WITH THE AIM OF CREATING NEW KNOWLEDGE AND IMPROVING THE LIVES OF THE PEOPLE OF NORTH CAROLINA. 4 0 0 0 -84982 0 0 0 1956632 2364274 604672 469330 361892 169056 2923196 3002660 0 0 0 0 0 0 0 0 0 3794667 4378496 3794667 4378496 -871471 -1375836 32808243 36791362 11142666 16357354 21665577 20434008 TO SUPPORT AND BENEFIT NORTH CAROLINA STATE UNIVERSITY WITH THE AIM OF CREATING NEW KNOWLEDGE AND IMPROVING THE LIVES OF THE PEOPLE OF NORTH CAROLINA. 0 0 2128278 1312766 FOSTERED ECONOMIC DEVELOPMENT AND CREATION OF NEW KNOWLEDGE BY FACILITATING COMMERCIALIZATION OF TECHNOLOGIES DEVELOPED AT THE NONWOVENS INSTITUTE AT NC STATE UNIVERSITY. 13060 160175 WOLFPACK INVESTOR NETWORK, LLC (WIN, LLC) - FORMED TO CONNECT THE NC STATE ALUMNI NETWORK WITH THE NC STATE ENTREPRENEURIAL COMMUNITY TO CREATE AN ANGEL INVESTING PLATFORM. 1802890 891333 TO ACQUIRE, DEVELOP, OWN, LEASE, MANAGE, UPFIT, SELL AND OTHERWISE EXERCISE ALL RIGHTS OF OWNERSHIP OF LAND AND FACILITIES LOCATED IN CLOSE PROXIMITY TO NORTH CAROLINA STATE UNIVERSITY. 3944228 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 1 1 0 0 0 1 24 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 4 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X DANA HARRIS 9195137149 NC STATE UNIVERSITY CAMPUS BOX 7207 RALEIGH NC 27695 WARWICK A ARDEN VICE PRESIDENT 1.00 40.00 X X 0 488263 47473 CHARLES MAIMONE TREASURER 1.00 40.00 X X 0 376888 114528 MLADEN VOUK SECRETARY 1.00 40.00 X X 0 348024 56167 DANA HARRIS PRESIDENT 1.00 0.00 X X 0 0 0 TABITHA GROELLE ASSISTANT SECRETARY 1.00 40.00 X 0 87015 28863 MARY PELOQUIN-DODD FORMER PRESIDENT 1.00 40.00 X 0 290924 44428 0 1591114 291459 0 1 1 0 0 LINC 541700 1312766 1312766 OTHER PROGRAMS 900099 891333 891333 WIN, LLC 900099 160175 160175 2364274 594736 1177 593559 255215 0 255215 255215 255215 637708 126140 636974 -126140 734 -125406 -125406 GOLF COURSE 713910 -86159 -86159 -86159 3002660 2364274 -84982 723368 884 884 32587 32587 97432 97432 702366 702366 53077 53077 LINC 2128278 2128278 RENT 341276 341276 GENERAL & ADMIN 337956 337956 OTHER CURRENT SERVICES 282875 282875 401765 401765 4378496 3944228 434268 0 3923716 3589841 6894398 10741743 194804 256931 158397 199203 26537322 4564546 21609280 21972776 27648 30868 32808243 36791362 2720121 235033 5578478 10372653 2785750 2785750 58317 2963918 11142666 16357354 X 21665577 20434008 0 0 0 0 21665577 20434008 32808243 36791362 X -1375836 -888356 1032623 X X 0 1 X 1 0 X X 1 NC STATE UNIVERSITY 566000756 2 1 4378496 0 1 4378496 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 X SCHEDULE A, PART IV, SECTION D, LINE 3 MEMBERS OF THE BOARD OF DIRECTORS OF NC STATE UNIVERSITY PARTNERSHIP CORP ARE EMPLOYEES OF NORTH CAROLINA STATE UNIVERSITY, THE SUPPORTED ORGANIZATION. SCHEDULE A, PART IV, SECTION E, LINE 1C NC STATE UNIVERSITY PARTNERSHIP CORP SUPPORTS NORTH CAROLINA STATE UNIVERSITY EXCLUSIVELY BY FOSTERING THE ECONOMIC DEVELOPMENT AND CREATION OF NEW KNOWLEDGE. 2792554 2792554 11401178 2997531 8403647 947140 682425 264715 1395528 884590 510938 10000922 10000922 21972776 FUNDS HELD FOR OTHERS 118473 LEASE OBLIGATIONS 2845445 2963918 X 5472408 2469748 2469748 3002660 0 3002660 5815621 2469748 2469748 3345873 1032623 1032623 4378496 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE CORPORATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR TAX YEARS PRIOR TO 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNRELATED BUSINESS EXPENSES NETTED ON PART VIII, LINE 11A 2,469,748. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNRELATED BUSINESS EXPENSES NETTED ON PART VIII, LINE 11A 2,469,748. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS OF FUNDS FROM ASSOCIATED ENTITY 1,032,623. X 0 0 0 0 0 0 0 0 0 WARWICK A ARDEN VICE PRESIDENT 0 488263 0 0 0 0 0 39762 0 7711 0 535736 0 0 CHARLES MAIMONE TREASURER 0 376888 0 0 0 0 0 106817 0 7711 0 491416 0 0 MLADEN VOUK SECRETARY 0 348024 0 0 0 0 0 48456 0 7711 0 404191 0 0 MARY PELOQUIN-DODD FORMER PRESIDENT 0 290924 0 0 0 0 0 38597 0 5831 0 335352 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT 990 IS REVIEWED AT THE ANNUAL PARTNERSHIP BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY PROVIDES THAT (A) ALL TRANSACTIONS (OTHER THAN EXPENSE REIMBURSEMENTS) BETWEEN NC STATE UNIVERSITY PARTNERSHIP CORP AND AN OFFICER, DIRECTOR, OR EMPLOYEE OF NC STATE UNIVERSITY PARTNERSHIP CORP MUST BE APPROVED BY THE NC STATE UNIVERSITY PARTNERSHIP CORP BOARD; (B) NO NC STATE UNIVERSITY PARTNERSHIP CORP OFFICER, DIRECTOR OR EMPLOYEE HAVING A PRIVATE BUSINESS INTEREST IN A NC STATE UNIVERSITY PARTNERSHIP CORP BUSINESS TRANSACTION MAY BE INVOLVED IN THE DECISION WITH RESPECT TO WHETHER NC STATE UNIVERSITY PARTNERSHIP CORP SHOULD ENTER INTO SUCH TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS AND OFFICERS OF NC STATE UNIVERSITY PARTNERSHIP CORP THAT DO RECEIVE COMPENSATION ARE COMPENSATED BY NC STATE UNIVERSITY, A 170(C)(1) ORGANIZATION RELATED TO NC STATE UNIVERSITY PARTNERSHIP CORP. NC STATE UNIVERSITY SETS THE COMPENSATION OF THESE EMPLOYEES BY ACQUIRING COMPARABILITY DATA WHICH IS REVIEWED AND APPROVED BY INDEPENDENT PERSONS WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. FORM 990, PART VI, SECTION C, LINE 18 THE 990 IS LISTED ON THE WEBSITE. FORM 1023 (WHICH WAS FILED PRIOR TO JULY 15, 1987) IS NOT PUBLICLY AVAILABLE. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE AT WWW.AEOPERATIONS.OFA.NCSU.EDU/NC-STATE-UNIVERSITY-PARTNERSHIP-CORPORATION/. OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFERS OF FUNDS FROM ASSOCIATED ENTITY 1,032,623. FORM 990 PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. PAGE 1, QUESTION J WEBSITE-WWW.AEOPERATIONS.OFA.NCSU.EDU/NC-STATE-UNIVERSITY-PARTNERSHIP-CO RPORATION/ NC STATE UPFIT LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 DEVELOP, OWN & UPFIT FACILITIES ON CENTENNIAL CAMPUS NC 1 722 NC STATE UNIVERSITY PARTNERSHIP CORP NC STATE UNIVERSITY CENTENNIAL DEVELOPMENT LLC CAMPUS BOX 7207 RALEIGH NC 27695 261979340 CONSTRUCT, OWN & OPERATE GOLF COURSE NC 3063503 18048188 NC STATE UNIVERSITY PARTNERSHIP CORP BELL TOWER HOLDINGS LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 ACQUIRE, DEVELOP, AND MANAGE OWNERSHIP OF REAL PROPERTY NC 159503 4769964 NC STATE UNIVERSITY PARTNERSHIP CORP NC STATE CC HOLDINGS I LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 DEVELOP, HOLD, SELL LAND AND FACILITIES ON CENTENNIAL CAMPUS NC 592568 9156400 NC STATE UNIVERSITY PARTNERSHIP CORP NC STATE CBC LAND I LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 DEVELOP, HOLD, SELL LAND AND FACILITIES ON CENTENNIAL CAMPUS NC 20 18495 NC STATE UNIVERSITY PARTNERSHIP CORP LEADERS IN INNOVATION AND NONWOVENS COMMERCIALIZATION LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 FACILITATE COMMERCIALIZATION OF NCSU NONWOVENS INSTITUTE TECHNOLOGIES NC 1323726 1774606 NC STATE UNIVERSITY PARTNERSHIP CORP WOLFPACK INVESTOR NETWORK LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 CONNECT THE NC STATE ALUMNI NETWORK WITH THE NCSU ENTRPRENEURIAL COMMUNITY NC 160200 14773 NC STATE UNIVERSITY PARTNERSHIP CORP C2I LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 SEE PART VII NC 252760 67764 NC STATE UNIVERSITY PARTNERSHIP CORP NC STATE RESEARCH LLC CAMPUS BOX 7207 RALEIGH NC 27695 561444287 MANAGE RESEARCH RELATED OPERATIONS NC 11 523 NC STATE UNIVERSITY PARTNERSHIP CORP THE NORTH CAROLINA AGRICULTURAL FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566049304 EDUCATION & RESEARCH NC 501(C)(3) LINE 5 N/A 0 NC STATE ENGINEERING FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566046987 EDUCATION & RESEARCH NC 501(C)(3) LINE 5 N/A 0 NC STATE NATURAL RESOURCES FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 560653350 EDUCATION & RESEARCH NC 501(C)(3) LINE 5 N/A 0 NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566049503 EDUCATION & RESEARCH NC 501(C)(3) LINE 5 N/A 0 NC STATE UNIVERSITY COLLEGE OF SCIENCES FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 581524289 EDUCATION & RESEARCH NC 501(C)(3) LINE 5 N/A 0 NORTH CAROLINA VETERINARY MEDICAL FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 581344473 EDUCATION & RESEARCH NC 501(C)(3) LINE 5 N/A 0 NORTH CAROLINA STATE UNIVERSITY ALUMNI ASSOCIATION INC NCSU BOX 7207 RALEIGH NC 27695 566035544 EDUCATION & RESEARCH NC 501(C)(3) LINE 5 N/A 0 NORTH CAROLINA STATE UNIVERSITY NCSU BOX 7205 RALEIGH NC 27695 566000756 EDUCATION NC 170(C)(1) N/A 0 NC STATE STUDENT AID ASSOCIATION PO BOX 37100 RALEIGH NC 27627 560650623 EDUCATION NC 501(C)(3) LINE 5 N/A 0 NC STATE INVESTMENT FUND INC NCSU BOX 7207 RALEIGH NC 27695 311607634 INVESTS FUNDS OF NC STATE ENDOWMENT & RELATED ENTITIES NC 501(C)(3) LINE 12A, I N/A 0 NORTH CAROLINA TEXTILE FOUNDATION INC NCSU BOX 8301 RALEIGH NC 27695 566045324 AIDS EDUCATION AND RESEARCH IN THE COLLEGE OF TEXTILES OF NCSU NC 501(C)(3) LINE 5 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 PART I, IDENTIFICATION OF DISREGARDED ENTITIES NAME OF DISREGARDED ENTITY: C2I, LLC PRIMARY ACTIVITY: ACTS AS AN INTERMEDIARY BETWEEN THE UNIVERISTY AND PRIVATE PARTIES IN CONNECTION WITH CERTAIN REAL ESTATE OPERATIONS/TRANSACTIONS.