2024-05-14T07:55:48-05:00 2023-06-30 593204548 JAMES MOORE & CO PL 5931 NW 1ST PLACE GAINESVILLE FL 326072063 990 2022-07-01 352427022 UNIVERSITY OF FLORIDA DEVELOPMENT CORPORATION UNIV 3522943660 PO BOX 113135 GAINESVILLE FL 326113135 TREVOR SCHNEIDER TREASURER 3522943660 2024-05-13 1 TREVOR SCHNEIDER 999009999 1 CORINNE LAROCHE P01500189 3523781331 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TREVOR SCHNEIDER PO BOX 113135 GAINESVILLE FL 326113135 2535802 0 X WWW.ORE.UFL.EDU X 2011 FL TO PROMOTE THE EDUCATIONAL MISSION AND PURPOSES OF THE UNIVERSITY OF FLORIDA AND PROMOTE, MANAGE, AND ASSIST AND DEVELOP RESEARCH IN THE SCIENCES, TECHNOLOGY, BUSINESS, ARCHITECTURE, AGRICULTURE, ENGINEERING AND ANY OTHER FIELDS THAT FURTHER SUCH MISSION AND EDUCATIONAL PURPOSES AND PROMOTE ECONOMIC DEVELOPMENT. 4 1 5 0 0 0 0 0 1876999 2175132 367905 360670 290609 0 2535513 2535802 0 0 0 0 85930 105302 0 0 0 2426107 2447141 2512037 2552443 23476 -16641 19933332 18715483 13329720 12128512 6603612 6586971 X TO PROMOTE THE EDUCATIONAL MISSION AND PURPOSES OF THE UNIVERSITY OF FLORIDA AND PROMOTE, MANAGE, AND ASSIST AND DEVELOP RESEARCH IN THE SCIENCES, TECHNOLOGY, BUSINESS, ARCHITECTURE, AGRICULTURE, ENGINEERING AND ANY OTHER FIELDS THAT FURTHER SUCH MISSION AND EDUCATIONAL PURPOSES AND PROMOTE ECONOMIC DEVELOPMENT. 0 0 2082535 2175132 TO MANAGE AND PROMOTE THE PROPERTIES OF INNOVATION SQUARE, LLC AS IT RELATES TO ECONOMIC GROWTH AND CREATING JOBS. 2082535 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 1 0 0 0 1 X 14 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 1 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 0 0 0 X TREVOR SCHNEIDER 3522942726 PO BOX 113135 GAINESVILLE FL 326113135 DAVID BRANDON BOARD CHAIR 1.00 0.00 X X 0 0 0 BRADLEY POLLITT VICE PRESIDENT-RETIRED 9/2023 1.00 49.00 X X 0 428411 37627 MARK KAPLAN DIRECTOR 1.00 49.00 X 0 377902 55668 TREVOR SCHNEIDER TREASURER 5.00 45.00 X X 0 197218 41392 SVEIN DYRKOLBOTN DIRECTOR 1.00 0.00 X 0 0 0 COLT LITTLE SECRETARY 2.00 48.00 X 0 301000 33089 0 1304531 167776 0 0 1 0 CLARENCE T AYERS MEDICAL PLAZA CONDO ASS PO BOX 113135 GAINESVILLE FL 32611 CONDO ASSOCIATION DUES 211714 JAMES MOORE & CO 5931 NW 1ST PLACE GAINESVILLE FL 32607 ACCOUNTING 112990 2 RENTAL INCOME 531120 2036211 2036211 ASSOCIATION FEES 900099 88921 88921 MARKETING INCOME 900099 50000 50000 2175132 360670 360670 2535802 2175132 0 360670 105302 105302 91131 91131 132266 132266 4250 4250 10645 10645 2314 2314 932228 932228 220022 220022 817358 817358 12428 12428 CONDO ASSOCIATION DUES 211714 211714 MISCELLANEOUS EXPENSE 12785 12785 2552443 2082535 469908 0 1211447 1555647 1414845 1459127 207460 38674 11339 11239 15522598 7095790 7878662 8426808 9209579 7223988 19933332 18715483 492801 446060 256596 388327 12580323 11294125 13329720 12128512 X 6603612 6586971 0 0 0 0 6603612 6586971 19933332 18715483 -16641 0 X 0 1 X 0 0 X X 1 UNIVERSITY OF FLORIDA 596002052 2 1 2082535 0 1 2082535 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 FORM 990, SCHEDULE A, LINE 1G, COLUMN 5 PAYMENTS MADE ON SCHEDULE R, LINE 1G, COL V REPRESENTS PAYMENTS MADE DIRECTLY TO, OR ON BEHALF OF, THE SUPPORTED ORGANIZATION, THE UNIVERSITY OF FLORIDA AND ITS AFFILIATED ENTITIES. 2320284 2320284 12912224 7050048 5862176 152285 19133 133152 26609 26609 0 111196 111196 8426808 DUE FROM RELATED PARTY 687038 LEASE RECEIVABLE 6462562 INTEREST RECEIVABLE 74388 7223988 SECURITY DEPOSITS 3468 NOTE PAYABLE TO SHANDS 5295731 DEFERRED INFLOW OF RESOURCES - LEASES 5994926 11294125 X 2535802 0 2535802 0 2535802 2552443 0 2552443 0 2552443 PART X, LINE 2: THE ORGANIZATION IS A NOT FOR PROFIT CORPORATION ESTABLISHED UNDER THE LAWS OF THE STATE OF FLORIDA AND IS GENERALLY EXEMPT FROM INCOME TAXES UNDER PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. INNOVATION SQUARE, LLC, IS A FLORIDA LIMITED LIABILITY CORPORATION. WHILE INNOVATION SQUARE, LLC IS NOT A TAX EXEMPT ENTITY, IT CARRIES OUT ITS BUSINESS ACTIVITIES IN A MANNER CONSISTENT WITH THE CHARITABLE, EDUCATION AND SCIENTIFIC PURPOSES OF ITS MEMBER, WHICH IS A NOT FOR PROFIT CORPORATION ORGANIZED UNDER CHAPTER 617, FLORIDA STATUTES, AND IS EXEMPT FROM FEDERAL TAXATION. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION AND INNOVATION SQUARE, LLC FILE TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION AND INNOVATION SQUARE, LLC HAVE REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF THEIR TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE ORGANIZATION AND INNOVATION SQUARE, LLC. THE ORGANIZATION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. 0 0 0 0 0 0 0 0 0 BRADLEY POLLITT VICE PRESIDENT-RETIRED 9/2023 0 335762 0 62000 0 30649 0 25795 0 11832 0 466038 0 0 MARK KAPLAN DIRECTOR 0 368902 0 0 0 9000 0 27465 0 28203 0 433570 0 0 COLT LITTLE SECRETARY 0 221000 0 0 0 80000 0 20925 0 12164 0 334089 0 0 TREVOR SCHNEIDER TREASURER 0 197218 0 0 0 0 0 18727 0 22665 0 238610 0 0 FORM 990, PART V, LINE 2A: THE NUMBER OF EMPLOYEES REPORTED ON PART V, LINE 2A, REPRESENTS THE NUMBER OF EMPLOYEES OF THE FILING ORGANIZATION DURING THE TAX YEAR 2022 WHICH WERE REPORTED ON FORM W-3 BY THE UNIVERSITY OF FLORIDA, A RELATED ENTITY, AND THE COMMON PAYMASTER. FORM 990, PART V, LINE 1A: THE NUMBER OF FORMS REPORTED WERE FILED BY INNOVATION SQUARE, LLC WHICH IS A SINGLE MEMBER, LIMITED LIABILITY COMPANY (DISREGARDED ENTITY) OF THE FILING ORGANIZATION. INNOVATION SQUARE LLC'S ACTIVITIES ARE REPORTED ON THIS RETURN DUE TO THE DISREGARDED ENTITY NATURE AND CONSOLIDATED REPORTING. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE WILL HAVE AND MAY EXERCISE ALL POWERS AND AUTHORITY OF THE BOARD WHEN THE BOARD IS NOT IN SESSION AND MAY ACT IN LIEU OF ANY COMMITTEE; PROVIDED HOWEVER, THE EXECUTIVE COMMITTEE WILL HAVE NO AUTHORITY TO ALTER, AMEND, OR REPEAL THE ARTICLES OF INCORPORATION OR THE BYLAWS OF THE ORGANIZATION OR TO APPOINT DIRECTORS AND SHALL PROVIDE PROMPT NOTICE TO THE BOARD OF THE EXEUCTIVE COMMITTEE'S ACTIONS. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS, ONE OF WHOM SHALL BE APPOINTED BY THE UNIVERSITY PRESIDENT AS CHAIR, SHALL BE PERSONS APPOINTED BY THE UNIVERSITY OF FLORIDA PRESIDENT AND SHALL CONSIST OF THREE EX-OFFICIO DIRECTORS, AND TWO APPOINTED DIRECTORS WHO ARE MEMBERS OF THE COMMUNITY. FORM 990, PART VI, SECTION A, LINE 8B UFDC DOES NOT CURRENTLY HAVE ANY COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 WILL BE REVIEWED BY THE DIRECTOR, OFFICE OF REAL ESTATE AND OFFICE ASSISTANT. A FINAL COPY OF THE FORM 990 WILL BE PROVIDED TO THE GOVERNING BOARD MEMBERS FOR THEIR RECORDS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE (IF APPLICABLE) WITH BOARD-DELEGATED POWERS MUST ANNUALLY SIGN A STATEMENT AFFIRMING RECEIPT OF THE CONFLICT OF INTEREST POLICY, HE/SHE HAS READ AND UNDERSTANDS THE POLICY, AGREEMENT TO COMPLY WITH THE POLICY, AND HIS/HER UNDERSTANDING THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, ANY DIRECTOR OR OFFICER OR MEMBER OF A COMMITTEE (IF APPLICABLE) WITH BOARD-DELEGATED POWERS MUST PROMPTLY DISCLOSE TO THE SECRETARY OF THE CORPORATION THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND THE INFORMATION WILL BE PROVIDED TO THE DIRECTORS AND COMMITTEE MEMBERS (IF APPLICABLE) CONSIDERING THE PROPOSED MATTER. THE REMAINING BOARD OR COMMITTEE MEMBERS (IF APPLICABLE) DECIDE WHETHER A CONFLICT OF INTEREST EXISTS AND, IF APPLICABLE, WHETHER A WAIVER OF THE CONFLICT OF INTEREST OR RECUSAL IS THE APPROPRIATE MEANS OF ADDRESSING THE CONFLICT OF INTEREST. IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS, THE BOARD WILL TAKE APPROPRIATE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND APPROVES THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL. FORM 990, PART VI, SECTION C, LINE 19 ALL APPLICABLE FORMS, GOVERNING DOCUMENTS, POLICIES, AND FINANCIALS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. INNOVATION SQUARE LLC 720 SW 2ND AVENUE SUITE 108 GAINESVILLE FL 32601 461350585 DEVELOPMENT FL 2535802 18715483 UNIVERSITY OF FLORIDA DEVELOPMENT CORPORATION UNIVERSITY OF FLORIDA PO BOX 113203 GAINESVILLE FL 32611 596002052 EDUCATION FL 501(C)(3) N/A 0 SHANDS TEACHING HOSPITAL AND CLINICS INC PO BOX 100362 GAINESVILLE FL 32610 591943502 HOSPITAL FL 501(C)(3) LINE 3 UNIVERSITY OF FLORIDA 0 CLARENCE T AYERS MEDICAL PLAZA CONDO ASSOC INC PO BOX 113135 GAINESVILLE FL 32611 592894391 COMM. CONDO ASSOC. 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