2025-11-13T11:20:44-06:00 2025-06-30 990 2024-07-01 251556708 CONCURRENT TECHNOLOGIES CORPORATION CONC 8002824392 100 CTC DRIVE JOHNSTOWN PA 159041935 John Klein VP, CFO & Treasurer 8002824392 2025-11-13 0 2024 2025-03-06 01:10:19Z Edward J Sheehan Jr 100 CTC DRIVE JOHNSTOWN PA 159041935 104387714 0 X WWW.CTC.COM X 1987 PA See Schedule O 10 9 459 0 7622551 42903 95111042 92559722 6994683 7514209 881268 1200835 0 0 102986993 101274766 171003 163491 0 0 52467096 54773525 0 0 1515818 43909791 43737917 96547890 98674933 6439103 2599833 86368099 83593688 22304053 15560611 64064046 68033077 Concurrent Technologies Corporation (CTC) provides applied scientific research & development services, in the public interest, to develop innovative technology and management solutions. 0 0 16244736 16700371 The purpose of this contract is to provide professional services to support the Force Safety and Occupational Health(FSOH)in meeting policy objectives. The objective of the contract is to support an integrated, comprehensive SOH program designed to reduce mishap, injury and occupational illness risk, and enable an enduring safety culture across the Department. Provide on and offsite technical, analytic, safety, engineering, and other expertise required to support the Department's enterprise safety risk management objectives. Assist to maintain DoD databases in support of the FSOH policy objectives. Provide a combination of professional services and ancillary IT services and supplies to support the gathering, analysis, and dissemination of data related to the occupational safety goals of the FSOH. 9560156 9332015 The Interboundary Secure Information Sharing (ISIS) Program will develop a new cross domain system, the Next Generation Cross Domain Solution (NGCDS), that will consolidate the functionality of several existing cross domain systems and incorporate new cross domain technologies to provide a comprehensive cross domain capability for enterprise and cloud computing environments. The ISIS Program will also provide support for a number of existing cross domain systems until such time as the functionality of those systems is incorporated into the NGCDS. The scope of this effort shall include development, modification, testing, assembly, delivery, installation, training, troubleshooting support, and logistics support for existing and new cross domain systems and existing and new cross domain technologies. 8104429 8589487 The purpose of this contract is to support MCICOM's alignment with Congressional legislation, Department of Defense strategic direction, and Fleet Marine Force requirements targeting climate, energy resilience, and Force Design. Contractor services are required to support different sections of the USMC, in addressing the USMC's energy security objectives. The support sets overarching policy and Program direction; Provides technical expertise for energy planning and management and utility systems, policy recommendations for energy and utility requirements, project implementation guidance and strategies, centralized energy information data management, transportation operations, communications and outreach. 52358475 163491 65452058 52358475 163491 65452058 86267796 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 1 77 0 1 459 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA PA X John Klein VP CFO Treasurer 8002824392 100 CTC DRIVE JOHNSTOWN PA 159041935 Edward J Sheehan Jr Board Member/President/CEO 40.00 0.20 X X 699322 0 39652 Honorable Jeffrey K Harris Board Chairman 2.00 X 47188 0 0 Gary C Slack Board Vice-Chair 2.00 X 40000 0 0 Dale Mosier thru 102424 Former Board Member 1.00 X 30508 0 0 Camile M Nichols Board Member 1.00 X 37500 0 0 Joseph L Yakovac Board Member 1.00 X 35000 0 0 Sean P Roche Board Member 1.00 X 37500 0 0 Dawn R Eilenberger Board Member 1.00 X 37500 0 0 Daniel T Perkins Board Member 1.00 X 35181 0 0 Linda Thomson Board Member 1.00 X 35208 0 0 Cindy L Jaynes Board Member 1.00 X 10000 0 0 John E Klein Vice Pres/CFO/Treasurer 40.00 X 354666 0 40461 Robert W Kubler Vice Pres, Readiness Div 40.00 X 322991 0 25442 Timothy S Tibbits Vice Pres, Engineering Div 40.00 X 341913 0 25180 Sharon L Paterson Executive Officer/Corp Secretar 40.00 X 142271 0 16967 Susan B Van Scoyoc Vice Pres, Res & Sustain Div 40.00 X 276982 0 42631 Kevin M Pudliner Vice Pres, Information Tech Div 40.00 X 246893 0 37233 Mark G Lohr Assistant Secretary 40.00 X 150972 0 16437 John C Bartholomew Chief Ethics & Compliance 40.00 X 279028 0 26982 Richard Brill Exec Dir, ERS Air Force Prac 40.00 X 233989 0 45931 Michael Pollock Sr Dir, Adv Eng Mgf 40.00 X 237994 0 17152 Mark T Soyka Advisor Information Tech 40.00 X 219736 0 41801 Scott Zimmerman Advisor Information Tech 40.00 X 223978 0 31351 George W Appley Former Executive Vice Pres/COO 40.00 X 447159 0 36864 4523479 0 444084 206 1 1 0 Par Systems LLC PO Box 860890 Minneapolis MN 55486 Custom manufacturing & automation soluti 6389020 Sain Engineering 2700 Corporate Drive Suite 230 Birmingham AL 35242 Energy consulting and engineering svcs 3133256 HII Mission Technologies 5701 Cleveland Street Suite 110 Virginia Beach VA 23462 Engineering and defense technologies 2404964 Nikon SLM Solutions NA PO Box 632243 Cincinnati OH 45263 Manufacturer Hardware Add Mfg 1944000 Risk Mitigation Consulting Inc 2300 Wilson Blvd Suite 752 Arlington VA 22201 Information technology services 1868102 28 92559722 92559722 Contract Revenues 541700 7514209 0 7514209 7514209 965088 108342 856746 3347445 1250 3112948 0 234497 1250 235747 235747 101274766 0 7622551 1092493 X 163491 163491 3300977 1273722 1945037 82218 37536044 32242308 4483666 810070 1594840 1331226 227665 35949 9040337 7546041 1290520 203776 3301327 2755644 471269 74414 180564 135290 45274 159211 159211 276499 276499 69633 69633 25879776 25203882 520360 155534 150730 24003 124155 2572 5177282 5108516 67497 1269 3659069 3140900 518169 1612062 1491869 120193 1410966 1285095 71493 54378 326561 187956 88487 50118 147232 147232 1774893 1470161 304732 503180 908 502272 UBI Taxes 8931 8931 Other Prg Svcs/G&A/Corp 2391857 2311571 80040 246 State & Local Taxes 407322 338253 69069 Maintenance & Repairs 371072 354435 16637 -768923 -238684 -530239 98674933 86267796 10891319 1515818 48355 72964 10871435 6642081 17377116 16458075 4631573 3786651 48811611 33349414 13411025 15462197 19281004 20363250 20747591 20808470 86368099 83593688 14708899 10117780 4567627 2062673 2499868 2630678 527659 749480 22304053 15560611 X 64064046 68033077 64064046 68033077 86368099 83593688 2599833 1369198 0 X 0 1 X 1 1 1 X 65157781 72380056 78221562 95111042 92559722 403430163 65157781 72380056 78221562 95111042 92559722 403430163 403430163 482777 548768 492219 712160 1091243 3327167 408936 644853 253584 1191422 42903 2541698 409299028 6058379 0.98570 0.98410 X 276796 276796 98398137 98674933 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 226144 239462 232688 276796 975090 250000 250000 250000 250000 1000000 1500000 1276514 1276514 22524612 13858867 8665745 223326 223326 22502743 18792707 3710036 2284416 697840 1586576 15462197 Investment in Affiliates 19598000 Investment in Nonqualified Deferred Comp Plan 716298 Insurance Equity & Collateral 98279 Deposit on Self-funded Health Plans 1864 Security Deposits 40607 Prepaid Assets Long Term 225922 Other Assets 127500 20808470 Accrued Retirement Obligation 716298 Deposits & Long-term Liabilities 33182 749480 X Part X, Line 2: The Corporation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and is subject to tax only on activities which give rise to unrelated business income. The Corporation's subsidiary, EVC, is subject to income taxes and utilizes the liability method to measure the tax consequences of temporary differences between financial statement income and taxable income. The Corporation has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. The Corporation is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years ended June 30, 2021 and prior. The Corporation has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. The Corporation follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the consolidated financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Expenditures 279144 North America - Canada and Mexico, but not the United States 0 0 Expenditures 6251 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Expenditures 107940 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Investment 98279 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Program Services Energy Resilience Consulting Services 5969 0 0 0 0 0 0 497583 0 497583 1 0 1 0 0 0 Part I, line 3: The Company uses the accrual basis accounting method for Financial Statement purposes. 1 Johnstown Symphony Orchestra 300 Market Street Suite 303 Johnstown PA 15901 501(c)(3) 20650 0 Sustaining Johnstown Area Heritage Association PO Box 1889 Johnstown PA 15901 501(c)(3) 21500 0 Sustaining United Way of the Laurel Highlands 422 Main Street Suite 203 Johnstown PA 15901 501(c)(3) 10500 0 Sustaining YMCA 100 Haynes Street Johnstown PA 15901 501(c)(3) 10000 0 Sustaining Community Foundation for the Alleghenies 245 Market Street Suite 200 Johnstown PA 15901 501(c)(3) 6900 0 Sustaining Vision Together 2025 Inc 416 Main Street Suite 201 Johnstown PA 15901 501(c)(3) 7100 0 Sustaining The Pennsylvania Society 139 Freeport Road Pittsburgh PA 15215 501(c)(3) 6000 0 Sustaining Part I, Line 2: The Company makes use of an independent charitable contributions committee that is tasked with reviewing all incoming charitable contribution requests. Due diligence is performed on each organization's request looking for items such as charitable status, programs and services rendered to the public, community outreach, etc. The Company maintains a historical database of all charitable contribution recipients from each year and will often refer to this database to see past support levels. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Edward J Sheehan Jr Board Member/President/CEO 443889 0 262299 0 -6866 0 24207 0 15445 0 738974 0 0 0 George W Appley Former Executive Vice Pres/COO 296124 0 160000 0 -8965 0 22241 0 14623 0 484023 0 0 0 John E Klein Vice Pres/CFO/Treasurer 273077 0 91875 0 -10286 0 24249 0 16212 0 395127 0 0 0 Timothy S Tibbits Vice Pres, Engineering Div 251338 0 92593 0 -2018 0 23428 0 1752 0 367093 0 0 0 Robert W Kubler Vice Pres, Readiness Div 254759 0 65453 0 2779 0 23430 0 2012 0 348433 0 0 0 Susan B Van Scoyoc Vice Pres, Res & Sustain Div 225559 0 68088 0 -16665 0 19570 0 23061 0 319613 0 0 0 John C Bartholomew Chief Ethics & Compliance 223430 0 55011 0 587 0 25568 0 1414 0 306010 0 0 0 Kevin M Pudliner Vice Pres, Information Tech Div 222615 0 26394 0 -2116 0 20196 0 17037 0 284126 0 0 0 Richard Brill Exec Dir, ERS Air Force Prac 206062 0 41150 0 -13223 0 17441 0 28490 0 279920 0 0 0 Mark T Soyka Advisor Information Tech 236940 0 0 0 -17204 0 18671 0 23130 0 261537 0 0 0 Scott Zimmerman Advisor Information Tech 228015 0 7000 0 -11037 0 17418 0 13933 0 255329 0 0 0 Michael Pollock Sr Dir, Adv Eng Mgf 186734 0 51301 0 -41 0 15503 0 1649 0 255146 0 0 0 Mark G Lohr Assistant Secretary 148550 0 5500 0 -3078 0 10562 0 5875 0 167409 0 0 0 Sharon L Paterson Executive Officer/Corp Secretar 126736 0 18722 0 -3187 0 10856 0 6111 0 159238 0 0 0 Part I, Line 1a On occasion, CTC will afford its officers and key employees certain benefits such as travel/meals for companions. For the calendar year ended 2024, these benefits amounted to $1,443. Part I, Line 3 Within the oversight of the Compensation Committee of the Corporation's Board of Directors, CTC engages an external independent compensation and benefits consultant to evaluate relevant market-competitive compensation for its CEO and senior executive leadership. Using nationally recognized and proprietary survey sources, the consultant provides a comprehensive report comparing the composite market data to actual compensation paid by CTC. Benchmark data is used to compare base compensation, total cash compensation and total compensation. In addition, an annual compensation examination and comparison of peer corporations' IRS Form 990 reporting is used to determine market appropriateness. The Executive Committee of CTC's Board of Directors reviews and approves the compensation package of the CEO, and the CEO approves the officers and key employees' compensation package, all of which is reviewed by CTC's Board of Directors. Kevin A Appley Family Member 99879 Employment 0 David F Klein Family Member 144126 Employment 0 Lisa M Klein Family Member 97810 Employment 0 Carol Pudliner Spouse 193002 Employment 0 Sch L, Part IV Business Transactions Involving Interested Persons Kevin A Appley is a family member of George W Appley (corporate officer).David F Klein and Lisa M Klein are family members of John E Klein (corporate officer).Carol Pudliner is the spouse of Kevin Pudliner (corporate officer). Form 990, Part I, Line 1, Description of Organization Mission: Concurrent Technologies Corporation (CTC) is a national resource committed to assisting industry and government achieve world-class competitiveness. CTC is an applied research and development professional services organization that provides management and technology-based solutions to a wide array of clients, including but not limited to, state and federal government. Partnering with leading research institutions, government agencies and other organizations, CTC identifies, develops, analyzes and applies the right technologies to position its clients for world-class competitiveness. Form 990, Part VI, Section B, line 11b CTC prepares and reviews its annual Form 990 internally. CTC's Form 990 is distributed to all Board of Director members prior to its due date. Each member is requested to review the return in detail, ask questions regarding any data contained in the return and formally acknowledge their acceptance and approval of the return and its contents prior to the return being filed. Form 990, Part VI, Section B, line 12c CTC employs a formal internal electronic portal that requires all key staff to properly disclose any interest or financial holding. This information is reviewed by the CTC Ethics Officer to determine if potential or actual conflicts of interest exist. CTC's Ethics Officer is responsible for seeing that compliance with the electronic reporting system is enforced and that each conflict statement is updated annually. An annual assessment is provided to the President & CEO, the Chairman of the Board, and the Board of Directors. Where conflicts of interest exist, these are adjudicated by the Ethics Officer. Form 990, Part VI, Section B, line 15 Within the oversight of the Compensation Committee of the Corporation's Board of Directors, CTC engages an external independent compensation and benefits consultant to evaluate relevant market-competitive compensation for its Chief Executive Officer and other senior executive leadership. Using nationally recognized and proprietary survey sources, the consultant provides a comprehensive report comparing the composite market data to actual compensation paid by CTC. Benchmark data is used to compare base compensation, total cash compensation and total compensation. In addition, an annual compensation examination and comparison of peer corporations' IRS Form 990 reporting is used to determine market appropriateness. The Executive Committee of CTC's Board of Directors reviews and approves the overall compensation package of the CEO, and the CEO approves the officers and other key employees' overall compensation package, all of which is reviewed by CTC's Board of Directors. Form 990, Part VI, Section C, line 19 CTC makes all of its governing documents, conflict of interest policies and its annual Form 990 available to the public upon request. Requests may be made in writing, via telephone or in person to CTC's Director, Corporate Communications and Brand Marketing. Form 990, Part IX, line 11g Direct Subcontract Expense: Program service expenses 25203882. Management and general expenses 0. Fundraising expenses 0. Total expenses 25203882. Consulting Services: Program service expenses 0. Management and general expenses 520360. Fundraising expenses 0. Total expenses 520360. Bid & Proposal Consulting Expenses: Program service expenses 0. Management and general expenses 0. Fundraising expenses 155534. Total expenses 155534. Form 990, Part IX, line 24e Memberships/Subscriptions: Program service expenses 210577. Management and general expenses 100204. Fundraising expenses 0. Total expenses 310781. Equipment Rentals/Mntnce: Program service expenses 204438. Management and general expenses 7919. Fundraising expenses 0. Total expenses 212357. Recruiting: Program service expenses 141902. Management and general expenses 6109. Fundraising expenses 0. Total expenses 148011. Business Licenses & Fees: Program service expenses 59517. Management and general expenses 31874. Fundraising expenses 0. Total expenses 91391. Fees & Honorariums: Program service expenses 0. Management and general expenses 68660. Fundraising expenses 0. Total expenses 68660. Relocation: Program service expenses 5824. Management and general expenses 0. Fundraising expenses 0. Total expenses 5824. Allocations & Intercompany Support: Program service expenses -860942. Management and general expenses -745005. Fundraising expenses 0. Total expenses -1605947. CTC Enterprise Ventures Corporation 100 CTC Drive Johnstown PA 159041935 251895115 Product Sales & Manufacturing PA Concurrent Technologies Corporation C 5911223 11024033 1.00000 1 1 0 0 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 CTC Enterprise Ventures Corporation A 108342 Cost CTC Enterprise Ventures Corporation D 1187458 Cost CTC Enterprise Ventures Corporation J 259107 Cost CTC Enterprise Ventures Corporation L 2352320 Cost CTC Enterprise Ventures Corporation P 456432 Cost CTC Enterprise Ventures Corporation Q 412215 Cost Schedule R, Part V Line 1a CTC serves as the primary cash custodian, initiating all cash borrowings, and repayments, on behalf of itself and its affiliate. Cash proceeds are then passed on to its affiliate as operating capital requests are made. Interest charges assessed to CTC by its lender are passed through to its affiliate, on a pro rata basis, with corresponding affiliate interest reimbursements made to CTC. Schedule R, Part V Line 1d CTC serves as the primary cash custodian, initiating all cash borrowings, and repayments, on behalf of itself and its affiliate. Cash proceeds are then passed to and from its affiliate as operating capital requests are made. Schedule R, Part V Line 1j Given the proximity of CTC Enterprise Ventures Corporation (EVC) to CTC, EVC occupies space within CTC's facilities. EVC is responsible for its proportionate share of the cost of the space, including maintenance, utilities and equipment usage, if any. CTC imposes a monthly facilities fee to cover these expenses. Annual usage and expense examinations are made to determine the appropriateness of this monthly fee and any required fee adjustments are made in accordance with its findings. Schedule R, Part V Line 1l In an effort to eliminate the duplication of staff and reduce the infrastructure required of its controlled affiliate, CTC performs certain general and administrative functions on behalf of the affiliate. These tasks may include accounts receivable and contract billing, accounts payable and purchasing, payroll and employee benefits and other general administrative functions. Transactions are properly recorded in the books of the affiliate and CTC assesses the affiliate a prorated support charge to cover its actual costs of performing these services. Schedule R, Part V Line 1m In certain circumstances CTC will utilize its affiliate, EVC, to perform services for contract work. Transactions are properly recorded in the books of each company. Schedule R, Part V Line 1q During the normal course of performing the general and administrative function of our affiliate, CTC may incur costs, other than administrative costs, specific to the affiliate that must be reimbursed by the affiliate. These costs are properly recorded in the books of the affiliate, with corresponding reimbursement of these expenses to CTC. All reimbursements are made at actual cost with no administrative fee paid to CTC. Schedule R, Part V Line 1p During the normal course of business, our affiliate may incur costs on behalf of CTC that must be reimbursed to the affiliate. These costs are properly recorded in the books of CTC, with corresponding reimbursement of these expenses to the affiliate. All reimbursements are made at actual cost with no administrative fee paid to the affiliate. Schedule R, Part V Line 1r During the June 30, 2025 Fiscal Year, CTC transferred various Accountable Property (i.e. Laptops and Monitors) to its affiliate. The Property was transferred at actual cost with no administrative fee paid to CTC. These costs are properly recorded in the books of the affiliate, with corresponding reimbursement to CTC.