2024-05-14T18:38:42-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 050526470 SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY INC SOUT 8562564099 201 MULLICA HILL ROAD GLASSBORO NJ 08028 JOSEPH CAMPBELL EXECUTIVE DIRECTOR 8562564014 2024-05-14 1 JOSEPH CAMPBELL XXX-XX-XXXX 1 EVA MRUK P00543254 9143818900 2024-05-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSEPH CAMPBELL 201 MULLICA HILL ROAD GLASSBORO NJ 08028 1547350 0 X WWW.SJTECHPARK.ORG X 2002 NJ TO LEAD THE ECONOMIC REVITALIZATION OF SOUTHERN NEW JERSEY THROUGH AN INTEGRATED PROGRAM OF SCIENCE AND TECHNOLOGY INITIATIVES. 13 9 0 15 0 0 0 0 1084902 1107375 431780 439975 0 0 1516682 1547350 0 0 0 0 0 0 0 0 0 1296654 1350816 1296654 1350816 220028 196534 30706458 29485852 23898006 22480866 6808452 7004986 TO EXPAND AND STRENGTHEN THE UNIQUE RESEARCH AND LEARNING ENVIRONMENT OF ROWAN UNIVERSITY; ESTABLISH A TECHNOLOGY-BASED ENTREPRENEURIAL ECONOMY; AND CREATE VALUE FOR ITS SURROUNDING COMMUNITIES IN THEIR ECONOMIC, PHYSICAL AND SOCIAL DEVELOPMENT. 0 0 1252283 0 1107375 SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY, INC. PROVIDES COMPETITIVELY PRICED, CLASS "A" FACILITIES FOR START-UP AND ESTABLISHED COMPANIES THAT BRING INNOVATIVE TECHNOLOGIES TO THE MARKETPLACE AND SERVES AS A HOME FOR TECHNOLOGY-FOCUSED RESEARCHERS, INVENTORS, ENTREPRENEURS, PROFESSORS, AND STUDENTS. THE ORGANIZATION EXCLUSIVELY SUPPORTS THE CHARITABLE AND EDUCATIONAL MISSION OF ROWAN UNIVERSITY, A PUBLIC RESEARCH INSTITUTION WITHIN THE SYSTEM OF HIGHER EDUCATION OF NEW JERSEY. IT SERVES AS A HUB AND CATALYST FOR INNOVATION AND COLLABORATION AMONG ROWAN UNIVERSITY AND ITS CURRENT AND FUTURE PARTNERS. 1252283 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 9 0 1 0 0 0 1 1 1 1 0 0 1 1 0 0 0 1 0 0 0 NJ X JOSEPH CAMPBELL 8562564014 201 MULLICA HILL ROAD GLASSBORO NJ 08028 DR ALI HOUSHMAND DIRECTOR (PRES. OF ROWAN UNIVERSITY) 1.00 54.00 X 0 1038326 163314 MICHAEL MUHLBAIER VICE CHAIR (FAC., ROWAN UNIVERSITY) 2.00 25.00 X X 0 6520 0 AHMED SAIDI DIRECTOR PHD STUD,ROWAN UNIV) THRU SEPT 2022 1.00 20.00 X 0 49635 1608 ALEXANDRA M LEHMAN-CHONG DIRECTOR (PHD STUD,ROWAN UNIVERSITY) 1.00 20.00 X 0 33294 0 SAMUEL HOFBAUER DIRECTOR (MD/PHD STUD,ROWAN UNIVERSITY) 1.00 20.00 X 0 31219 0 LAWRENCE DIVIETRO JR CHAIR 2.00 0.00 X X 0 0 0 JAMES TARANGELO TREASURER 2.00 0.00 X X 0 0 0 MARLENE ASSELTA SECRETARY 2.00 0.00 X X 0 0 0 ISABELITA ABELE DIRECTOR 1.00 0.00 X 0 0 0 CHRISTINE BUTEAS DIRECTOR 1.00 0.00 X 0 0 0 RAHIL KHEIRKHAH DIRECTOR THRU SEPT 2022 1.00 0.00 X 0 0 0 ED REMSTER DIRECTOR 1.00 0.00 X 0 0 0 MICHELLE SHIREY DIRECTOR 1.00 0.00 X 0 0 0 MANNING SMITH III DIRECTOR 1.00 0.00 X 0 0 0 GENEVIEVE E WITT DIRECTOR 1.00 0.00 X 0 0 0 JOSEPH CAMPBELL EXECUTIVE DIRECTOR 5.00 35.00 X 0 258479 47156 JOSEPH F SCULLY JR FORMER EXECUTIVE DIRECTOR 0.00 40.00 X 0 361378 43958 0 1778851 256036 0 1 1 0 ROWAN UNIVERSITY 201 MULLICA HILL ROAD GLASSBORO NJ 08028 BUSINESS SERVICES 483795 1 RENTAL INCOME 531190 1107375 1107375 1107375 439975 439975 1547350 1107375 0 439975 251490 201192 50298 4268 4268 32375 32375 20476 20476 11693 11693 11592 11592 30164 30164 184942 184942 529312 529312 61821 61821 ALLOC. PROP. MAINT. EXP 206316 206316 SUBSCRIPTION/MEMBERSHIP 4819 4819 OTHER EXPENSES 1548 1548 1350816 1252283 98533 0 1316456 1062059 17384430 16566525 1459 1582 17583837 5728151 12004113 11855686 30706458 29485852 69997 119988 3871158 3623603 19956851 18737275 23898006 22480866 X 6808452 7004986 6808452 7004986 30706458 29485852 196534 0 X X 0 1 X 0 0 X X 1 ROWAN UNIVERSITY 222764819 6 1 0 0 1 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: THE SUPPORTED ORGANIZATION, ROWAN UNIVERSITY, IS PART OF THE NEW JERSEY STATE UNIVERSITY SYSTEM AND IS THEREFORE A GOVERNMENTAL UNIT NOT REQUIRED TO HAVE AN IRS DETERMINATION OF EXEMPT STATUS UNDER SECTION 509(A)(1) OR SECTION 509(A)(2). 14740055 5500718 9239337 144305 20326 123979 2699477 207107 2492370 11855686 LOAN PAYABLE - ROWAN UNIVERSITY 370825 LEASE LIABILITIES 18366450 18737275 1547350 0 1547350 0 1547350 1350816 0 1350816 0 1350816 0 1 0 0 0 0 0 0 0 DR ALI HOUSHMAND DIRECTOR (PRES. OF ROWAN UNIVERSITY) 0 621660 0 94258 0 322408 0 88000 0 75314 0 1201640 0 214342 JOSEPH F SCULLY JR FORMER EXECUTIVE DIRECTOR 0 315718 0 0 0 45660 0 14000 0 29958 0 405336 0 0 JOSEPH CAMPBELL EXECUTIVE DIRECTOR 0 239096 0 0 0 19383 0 14000 0 33156 0 305635 0 0 PART I, LINE 3 THE ORGANIZATION'S EXECUTIVE DIRECTOR, JOSEPH CAMPBELL, WAS COMPENSATED BY A RELATED ORGANIZATION, ROWAN UNIVERSITY. HIS COMPENSATION WAS DETERMINED THROUGH ROWAN UNIVERSITY'S SALARY REVIEW PROCESS, WHICH INCLUDES A REVIEW BY THE UNIVERSITY'S CHIEF HUMAN RESOURCE OFFICER, CHIEF FINANCIAL OFFICER AND THE PRESIDENT OF THE UNIVERSITY. THIS REVIEW INCLUDED THE USE OF COMPARABILITY DATA FOR BOTH INTERNAL AND EXTERNAL COMPENSATION EQUITY. PART I, LINE 4B ALI HOUSHMAND, A DIRECTOR OF THE ORGANIZATION AND THE PRESIDENT OF ROWAN UNIVERSITY, PARTICIPATES IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN WITH THE UNIVERSITY, A RELATED ORGANIZATION. THE UNIVERSITY CONTRIBUTED $74,000 TO THE PLAN ON HIS BEHALF IN CALENDAR YEAR 2022. HE ALSO RECEIVED DISTRIBUTION FROM THE 457(F) PLAN IN AMOUNT OF $214,342 IN CALENDAR YEAR 2022. THE AMOUNT IS REPORTABLE AS TAXABLE COMPENSATION IN PART II, COLUMN B (III). A GLOUCESTER COUNTY IMPROVEMENT AUTHORITY 521448385 000000000 2010-10-19 6120000 CONSTRUCTION AND SITE IMPROVEMENT 0 0 0 A 2496397 6120000 120000 6000000 2010 0 0 1 1 A 0 1 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 SCHEDULE K, PART IV, LINE 7 AND PART V: ALL TAX-EXEMPT BONDS OF SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY, INC. ARE MANAGED BY ROWAN UNIVERSITY, AND ALL WRITTEN PROCEDURES OF ROWAN UNIVERSITY ARE FOLLOWED IN THE MANAGEMENT OF THESE BONDS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A BUSINESS OPERATING AGREEMENT WITH ROWAN UNIVERSITY FOR THE UNIVERSITY TO PROVIDE ACCOUNTING SERVICES, AND PROPERTY MAINTENANCE SERVICES. THE ORGANIZATION HAS ALSO DELEGATED THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND TAX FILINGS, AND SELECTION OF AN INDEPENDENT ACCOUNTANT TO ROWAN UNIVERSITY. THE CORRESPONDING FEE EXPENSE INCURRED DURING FISCAL YEAR 2023 WAS $251,490. FORM 990, PART VI, SECTION A, LINE 7A THE ROWAN UNIVERSITY BOARD OF TRUSTEES APPOINTS ALL DIRECTORS, EXCEPT FOR THE DIRECTOR POSITION THAT IS RESERVED TO THE PRESIDENT OF THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS ARE RESERVED TO AND SUBJECT TO THE APPROVAL OF THE ROWAN UNIVERSITY BOARD OF TRUSTEES. THESE INCLUDE THE REMOVAL OF A DIRECTOR OR OFFICER, THE APPROVAL OF BUDGETS, AND AMENDMENTS TO THE BYLAWS OR CERTIFICATE OF INCORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS DELEGATED THE RESPONSIBILITY FOR THE ORGANIZATION'S FORM 990 TO THE ROWAN UNIVERSITY DIVISION OF FINANCE. THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE ACCOUNTING SERVICES STAFF WITHIN THE ROWAN UNIVERSITY DIVISION OF FINANCE. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12 IF A DIRECTOR, OFFICER, OR COMMITTEE MEMBER (OR A MEMBER OF SUCH PERSON' S FAMILY OR ON AN ENTITY CONTROLLED BY EITHER) HAS A FINANCIAL INTEREST CONFLICTING WITH THE INTEREST OF THE CORPORATION IN ANY MATTER (SUCH AS WHETHER TO ENTER INTO A CONTRACT WITH ANOTHER ORGANIZATION WITH WHICH SUCH INDIVIDUAL IS ASSOCIATED), THEN THE INDIVIDUAL MUST BRING THE CONFLICT TO THE ATTENTION OF THE OTHER DIRECTORS, OFFICERS, AND COMMITTEE MEMBERS, AND REFRAIN FROM PARTICIPATING OR VOTING IN ANY DECISION WITH RESPECT TO THE MATTER. NOTWITHSTANDING THE ABOVE, THE CORPORATION AND ITS DIRECTORS AND EMPLOYEES SHALL FULLY COMPLY WITH THE ETHICS RULES ADOPTED FROM TIME TO TIME BY ROWAN UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE FILING ORGANIZATION DOES NOT HAVE A SEPARATE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR SELECTION OF AN INDEPENDENT ACCOUNTANT. HOWEVER, THE FILING ORGANIZATION'S RELATED ORGANIZATION, ROWAN UNIVERSITY, DOES HAVE SUCH A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR SELECTION ON BEHALF OF THE FILING ORGANIZATION. THE FILING ORGANIZATION DOES HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. ROWAN UNIVERSITY 201 MULLICA HILL ROAD GLASSBORO NJ 08028 222764819 HIGHER EDUCATION NJ N/A 0 ROWAN UNIVERSITY FOUNDATION 201 MULLICA HILL ROAD GLASSBORO NJ 08028 222482802 UNIVERSITY FUNDRAISING NJ 501(C)(3) LINE 7 ROWAN UNIVERSITY 0 ROWAN GLOBAL INC 201 MULLICA HILL ROAD GLASSBORO NJ 08028 871959412 PLANNING AND STRATEGIC MANAGEMENT DE 501(C)(3) LINE 12A, I ROWAN UNIVERSITY 0 0 0 0 0 1 0 0 0 0 1 0 0 1 1 1 1 1 0 0