2025-11-17T11:42:48-06:00 2024-12-31 331498605 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2024-01-01 884394299 MHUB SUPPORT CORPORATION MHUB 3124914449 1623 W FULTON ST CHICAGO IL 60612 HAVEN ALLEN PRESIDENT 3124914449 2025-11-16 1 1 JESSICA TOADER P01464604 3122071040 2025-11-15 2024 2025-03-06 01:10:19Z HAVEN ALLEN 1623 W FULTON ST CHICAGO IL 60612 19338474 0 X WWW.MHUBCHICAGO.COM X 2022 IL SUPPORTING OPERATIONS FOR MHUB, THE NATION'S LARGEST AND FASTEST GROWING INNOVATION CENTER FOR HARDTECH AND MANUFACTURING. 7 4 0 4 0 0 0 17550000 286082 1716492 290224 71982 0 0 576306 19338474 0 0 0 0 0 0 0 0 0 1334385 2908814 1334385 2908814 -758079 16429660 54834359 68721517 55592438 53049936 -758079 15671581 X THE ORGANIZATION OPERATES AT ALL TIMES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND/OR TO CARRY OUT THE PURPOSES OF MHUB THAT IS AN ORGANIZATION TO ENABLE U.S. HARDTECH INNOVATION AND COMMERCIALIZATION BY FUELING COLLABORATION AND PROVIDING AN ACCESSIBLE, HYPER-RESOURCED ENVIRONMENT TO DEVELOP, FUND AND ACCELERATE CLEAN ENERGY, HEALTH, SUSTAINABILITY, AND MANUFACTURING ENTREPRENEURSHIP. 0 0 2797823 1716492 SUPPORTING OPERATIONS: LEASING OF THE PROJECT FACILITY TO MHUB FOR OPERATION AS A HARDTECH INNOVATION ACCELERATOR FOCUSED ON RECRUITING, SUPPORTING, DEVELOPING, AND LAUNCHING MINORITY AND WOMEN OWNED BUSINESS ENTERPRISES. 2797823 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 4 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X X MANAS MEHANDRU 3122488701 1623 W FULTON ST CHICAGO IL 60612 HAVEN ALLEN PRESIDENT 0.20 49.80 X X 0 518833 34688 MANAS MEHANDRU TREASURER 0.50 49.50 X X 0 361768 34251 MELISSA LEDERER SECRETARY 0.20 49.80 X X 0 297944 17470 MEREDITH O'CONNOR BOARD DIRECTOR 0.20 0.20 X 0 0 0 KEVIN WILLER BOARD DIRECTOR 0.20 0.20 X 0 0 0 DEVI RAJA INDEPENDENT DIRECTOR 0.20 0.00 X 0 0 0 SUSAN KAI INDEPENDENT DIRECTOR 0.20 0.00 X 0 0 0 0 1178545 86409 0 0 1 0 0 17550000 17550000 PROJECT FACILITY 900099 1716492 1716492 1716492 71982 71982 19338474 1716492 0 71982 44272 44272 62500 62500 8438 4219 4219 1223757 1223757 1332977 1332977 TENANT ALLOWANCE EXPENS 230000 230000 GENERAL BUILDING MAINTE 6870 6870 2908814 2797823 110991 0 2054536 502508 806278 806278 15000 0 52111918 1835473 51958545 50276445 0 17136286 54834359 68721517 2657969 387123 52557830 52662813 376639 0 55592438 53049936 X -758079 15671581 -758079 15671581 54834359 68721517 16429660 0 X 0 1 X 1 0 X X 1 MHUB 463388438 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10500000 10500000 23058344 739050 22319294 12308585 393355 11915230 1244565 421901 822664 5000424 281167 4719257 50276445 DUE FROM MHUB NFP 17136286 17136286 0 0 0 0 0 0 0 0 0 HAVEN ALLEN PRESIDENT 0 290456 0 217877 0 10500 0 11500 0 23188 0 553521 0 0 MANAS MEHANDRU TREASURER 0 232350 0 113939 0 15479 0 11500 0 22751 0 396019 0 0 MELISSA LEDERER SECRETARY 0 225494 0 66073 0 6377 0 0 0 17470 0 315414 0 0 PART I, LINE 3 COMPENSATION OF THE CEO IS DETERMINED BY A RELATED ORGANIZATION, MHUB. MHUB USES THE FOLLOWING METHODS TO DETERMINE COMPENSATION: - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION STUDY - APPROVAL BY THE BOARD A ILLINOIS FINANCE AUTHORITY REVENUE BONDS SERIES 2023 (MHUB CHICAGO PROJEC 861091967 45204FUZ6 2023-04-27 15520000 SEE PART VI 0 0 0 A 15520000 806278 310400 2023 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 A 0 1 0 0 0 0 0 0 0 A 1 SCHEDULE K, PART I, BOND ISSUES: (F) DESCRIPTION OF PURPOSE: THE ILLINOIS FINANCE AUTHORITY IS LOANING THE PROCEEDS FROM THE SALE OF THE BONDS TO MHUB SUPPORT CORPORATION PURSUANT TO THE LOAN AGREEMENT, AND MHUB SUPPORT CORPORATION IS USING SUCH PROCEEDS, TOGETHER WITH CERTAIN OTHER FUNDS, TO (I) FINANCE, REFINANCE OR REIMBURSE ALL OR A PORTION OF THE COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF A NEW INNOVATION CENTER FOR HARDTECH AND MANUFACTURING CONSISTING OF A 79,000 SQUARE FOOT FACILITY, CONTAINING OFFICES, LABORATORY FACILITIES, MANUFACTURING FACILITIES, CLASSROOMS AND MEETING SPACES, (II) FUND A DEBT SERVICE RESERVE FUND TO SECURE THE BONDS, (III) FUND A PORTION OF THE INTEREST ACCRUING ON THE BONDS, AND (IV) PAY CERTAIN EXPENSES INCURRED IN CONNECTION WITH THE ISSUANCE OF THE BONDS, ALL AS PERMITTED BY THE ILLINOIS FINANCE AUTHORITY ACT. FORM 990, PART VI, SECTION A, LINE 6 MHUB IS THE SOLE MEMBER OF MHUB SUPPORT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A MHUB AS SOLE MEMBER HAS THE POWER TO ELECT A MAJORITY OF MHUB CORPORATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A CPA FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. IT IS THEN REVIEWED BY THE FINANCE COMMITTEE AND MANAGEMENT. THE FINANCE COMMITTEE ACCEPTS FORM 990 PRIOR TO IT BEING FILED. THE FINANCE COMMITTEE ALSO REVIEWS AND ACCEPTS THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS. THE FINAL, SIGNED FORM 990 IS PROVIDED TO THE ORGANIZATION'S BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY STATEMENTS ARE SIGNED BY MHUB SUPPORT DIRECTORS AND OFFICERS INDICATING THAT HE OR SHE HAS RECEIVED, READ AND AGREES TO COMPLY WITH THE POLICY. MHUB SUPPORT DIRECTORS AND OFFICERS ALSO COMPLETE AN ANNUAL DISCLOSURE QUESTIONNAIRE. SUCH AS, DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST AND LISTING ALL BUSINESSES, CHARITABLE ORGANIZATIONS, FIRMS AND OTHER ENTITIES TO WHICH THEY HAVE A SUBSTANTIAL CONNECTION. IN THE EVENT A POTENTIAL CONFLICT IS DETERMINED, THE CONFLICT IS REVIEWED BY THE BOARD PRESIDENT, CHAIRPERSON OF RELATED PARTY, MHUB, AND THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE FINAL DETERMINATION ABOUT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST IS MADE BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 MHUB SUPPORT CORPORATION DOES NOT PAY ANY SALARIES. COMPENSATION REPORTED ON FORM 990, PART VII IS PAID AND DETERMINED BY RELATED ORGANIZATION, MHUB. MHUB HAS AN EMPLOYMENT AND COMPENSATION COMMITTEE, AN INDEPENDENT COMMITTEE COMPRISED OF MEMBERS OF BOARD OF THE DIRECTORS. THE COMMITTEE IS COMPRISED OF INDIVIDUALS UNRELATED TO AND NOT SUBJECT TO THE CONTROL OF MANAGEMENT. THE COMMITTEE MEMBERS DO NOT RECEIVE COMPENSATION. THE COMMITTEE PERFORMS A COMPETITIVE COMPENSATION ANALYSIS ON AN ANNUAL BASIS FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR, OFFICERS AND KEY EMPLOYEES. THE COMMITTEE COLLECTS DATA OF COMPARABLE POSITIONS AT PEER ORGANIZATIONS. THE COMMITTEE MAINTAINS ADEQUATE AND CONTEMPORANEOUS DOCUMENTATION OF ITS COMPENSATION PROCEDURES. THE COMMITTEE'S DELIBERATIONS AND ITS CONCLUSIONS ARE RECORDED IN WRITING PRIOR TO THE DATE COMPENSATION CHANGES ARE INSTITUTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. MHUB 1623 W FULTON ST CHICAGO IL 60612 463388438 INNOVATION CENTER FOR HARDTECH AND MANUFACTURING. IL 501(C)(3) LINE 10 0 MHUB PRODUCT IMPACT FUND I LP 1623 W FULTON ST CHICAGO IL 60612 844521111 INVESTMENTS DE N/A 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 MHUB Q 1716492 FMV