2026-05-13T15:05:02-05:00 2025-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2024-07-01 050526470 SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY INC SOUT 8562564099 201 MULLICA HILL ROAD GLASSBORO NJ 08028 GREGORY MONTANARO ACTING EXECUTIVE DIRECTOR 8562565259 2026-05-13 1 1 EVA MRUK P00543254 9143818900 2026-05-12 2024 2025-03-06 01:10:19Z GREGORY MONTANARO 201 MULLICA HILL ROAD GLASSBORO NJ 08028 1783075 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. 15 14 3 17 0 0 0 0 1130785 1152516 433326 395059 28639 235500 1592750 1783075 0 0 0 0 19368 124565 0 0 0 1456707 1535399 1476075 1659964 116675 123111 28112147 26720816 20990486 19476044 7121661 7244772 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 1310462 0 1152516 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. 1310462 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 X 5 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 1 0 0 0 1 1 1 1 0 0 1 1 0 0 0 1 0 0 0 NJ X GREGORY MONTANARO 8562565259 201 MULLICA HILL ROAD GLASSBORO NJ 08028 DR ALI A HOUSHMAND DIRECTOR (PRES. OF ROWAN UNIVERSITY) 1.00 54.00 X 0 931208 232261 MICHAEL MUHLBAIER CHAIR AS OF JAN 2025 (FAC., ROWAN UNIVERSITY) 2.00 25.00 X X 0 0 0 LAWRENCE DIVIETRO JR VICE CHAIR AS OF JAN 2025 2.00 0.00 X X 0 0 0 CHRISTINE BUTEAS TREASURER AS OF JAN 2025 2.00 0.00 X X 0 0 0 JAMES TARANGELO TREASURER THRU JAN 2025 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 AAYAZ FAREED DIRECTOR 1.00 0.00 X 0 0 0 PATRICK JEFFREY DIRECTOR 1.00 0.00 X 0 0 0 HEATHER LAFRANCE DIRECTOR 1.00 0.00 X 0 0 0 LINDA M ROHRER DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL REAGAN DIRECTOR 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 PHILIP J VAVALA DIRECTOR 1.00 0.00 X 0 0 0 GENEVIEVE E WITT DIRECTOR THRU APR 2025 1.00 0.00 X 0 0 0 ANTHONY J PERNO EXECUTIVE DIRECTOR 5.00 35.00 X 0 204615 50449 JOSEPH A CAMPBELL FORMER EXECUTIVE DIRECTOR 0.00 35.00 X 0 280477 54254 JOSEPH F SCULLY JR FORMER EXECUTIVE DIRECTOR 0.00 40.00 X 0 394792 39819 0 1811092 376783 0 1 1 0 ROWAN UNIVERSITY 201 MULLICA HILL ROAD GLASSBORO NJ 08028 BUSINESS SERVICES 487880 1 RENTAL INCOME 531190 1152516 1152516 1152516 395059 395059 REIMB. FROM ROWAN UNIV 900099 233818 233818 OTHER INCOME 900099 1682 1682 235500 1783075 1152516 0 630559 113654 113654 2217 2217 8694 8694 301490 241192 60298 822 822 39047 39047 118587 2874 115713 37517 37517 9057 9057 54835 54835 1980 1980 167464 167464 584368 584368 65652 65652 ALLOC. PROP. MAINT. EXP 149106 149106 OTHER EXPENSES 5149 5149 SUBSCRIPTION/MEMBERSHIP 325 325 1659964 1310462 349502 0 909727 692151 15725631 14829322 8904 6470 18070150 6877277 11467885 11192873 28112147 26720816 106667 79947 3370262 3110537 17513557 16285560 20990486 19476044 X 7121661 7244772 7121661 7244772 28112147 26720816 123111 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 I, LINE 12G, COLUMN VI: THE ORGANIZATION OFFERS THE PREMISES FOR GENERAL OFFICE USE AND RESEARCH AND DEVELOPMENT TO SUPPORT THE ACADEMIC/MANAGERIAL INTERESTS OF THE SUPPORTED ORGANIZATION. THIS ALIGNS WITH THE ORGANIZATION'S PURPOSE TO SERVE THE ACADEMIC MISSION OF THE SUPPORTED ORGANIZATION AND THE SOUTH JERSEY AREA AS A RESEARCH AND TECHNOLOGY CENTER, BUSINESS INNOVATION CENTER AND BUSINESS INCUBATOR. 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). 15233448 6430480 8802968 144305 101617 42688 2692397 345180 2347217 11192873 LEASE LIABILITIES 16285560 16285560 1783075 0 1783075 0 1783075 1659964 0 1659964 0 1659964 0 1 0 0 0 0 0 0 0 DR ALI A HOUSHMAND DIRECTOR (PRES. OF ROWAN UNIVERSITY) 0 566801 0 133322 0 231085 0 151988 0 80273 0 1163469 0 89277 JOSEPH F SCULLY JR FORMER EXECUTIVE DIRECTOR 0 340863 0 0 0 53929 0 14000 0 25819 0 434611 0 0 JOSEPH A CAMPBELL FORMER EXECUTIVE DIRECTOR 0 257709 0 0 0 22768 0 14000 0 40254 0 334731 0 0 ANTHONY J PERNO EXECUTIVE DIRECTOR 0 203395 0 0 0 1220 0 14000 0 36449 0 255064 0 0 PART I, LINE 3 THE ORGANIZATION'S EXECUTIVE DIRECTOR ANTHONY J. PERNO 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 DR. ALI A. 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 $137,988 TO THE PLAN ON HIS BEHALF IN CALENDAR YEAR 2024. HE ALSO RECEIVED DISTRIBUTION FROM THE 457(F) PLAN IN AMOUNT OF $89,277 IN CALENDAR YEAR 2024. 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 3009463 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 I, QUESTION 5, AND PART V, QUESTION 2A: THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 7 -10. 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 2025 WAS $301,490. 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 ROWAN EDUCATIONAL ATTRACTIONS INC 201 MULLICA HILL ROAD GLASSBORO NJ 08028 710870602 MANAGING UNIVERSITY EDUCATIONAL ATTRACTIONS NJ 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