2026-04-29T11:00:12-05:00 2025-06-30 540504608 BROWN EDWARDS & COMPANY LLP 3906 ELECTRIC ROAD ROANOKE VA 24018 990 2024-07-01 274910429 VIRGINIA TECH INNOVATIONS CORPORATION VIRG 5402312977 220 GILBERT ST GILBERT PL 5100 BLACKSBURG VA 24061 SIMON PM ALLEN SECRETARY/TREASURER 5402312977 2026-04-27 1 0 PATRICK PITTMAN P00587461 5403450936 2026-04-01 2024 2025-03-06 01:10:19Z X SIMON PM ALLEN 220 GILBERT ST GILBERT PL 5100 BLACKSBURG VA 24061 858014 0 X N/A X 2011 VA TO SUPPORT INNOVATIVE APPLICATIONS OF SCIENCE AND TECHNOLOGY AND PROVIDE TECHNICAL ASSISTANCE TO ENHANCE GLOBAL COMPETITIVENESS. 6 0 0 0 0 0 776882 428713 480528 416652 16 0 19442 12649 1276868 858014 763031 332123 0 0 23672 23990 0 0 0 474767 450371 1261470 806484 15398 51530 528416 314801 441858 176713 86558 138088 X TO SUPPORT INNOVATIVE APPLICATIONS OF SCIENCE AND TECHNOLOGY AND PROVIDE TECHNICAL ASSISTANCE TO ENHANCE GLOBAL COMPETITIVENESS. 0 1 372768 413422 AET GLOBAL, LLC (AET) IS PROVIDING IN-COUNTRY CONTRACTUAL PROCUREMENT SERVICES IN BANGLADESH FOR A FOUR YEAR GRANT RESEARCH PROJECT RECEIVED BY VIRGINIA TECH. 332123 332123 3230 VIRGINIA TECH RESEARCH CONTRACTING SERVICES, LLC (VTRCS) CONTRACTS AND ADMINISTERS EXTERNAL RESEARCH GRANTS WITH PRIVATE CORPORATIONS AND SUBCONTRACTS THE RESEARCH WORK TO VIRGINIA TECH. 704891 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 1 0 0 1 AF 0 0 0 0 0 0 0 0 X 6 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X SIMON PM ALLEN 5402312977 220 GILBERT ST GILBERT PL STE 5100 BLACKSBURG VA 24061 AMY SEBRING CHAIR 2.00 38.00 X X 0 576650 161293 DR CYRIL R CLARKE BOARD MEMBER 2.00 38.00 X 0 617216 140692 DR DIANZHI DANIEL SUI BOARD MEMBER 2.00 38.00 X 0 501647 63892 SIMON PM ALLEN SECRETARY/TREASURER 2.00 38.00 X X 0 315046 43216 DR GURUPRASAD GHOSH BOARD MEMBER 2.00 38.00 X 0 369748 81726 JEFF EARLEY BOARD MEMBER 2.00 38.00 X 0 269561 67722 JUSTICE ELIZABETH A MCCLANAHAN SECRETARY/TREASURER 2.00 38.00 X X 0 0 0 DR JAMES RANDY HEFLIN CO-MANAGER VT-RCS 2.00 38.00 X 0 304054 60534 DR THOMAS ARCHIBALD PRESIDENT AET GLOBAL 2.00 38.00 X 0 164338 51104 LISA GREINER ASST TREASURER AET GLOBAL 2.00 38.00 X 0 118303 28482 SAMANTHA MAHDU TREASURER AET GLOBAL 2.00 38.00 X 0 92264 35786 MELINDA WEST TREASURER VT-RCS 2.00 38.00 X 0 287797 62935 DANIEL COCKRUM SECRETARY VT-RCS 2.00 38.00 X 0 184563 36940 LINDA DUFFY PRESIDENT VT-RCS 2.00 38.00 X 0 124511 14122 0 3925698 848444 0 0 1 0 0 428713 428713 SERVICES 900099 416652 416652 416652 OTHER INCOME, NET 900099 12649 12649 12649 858014 416652 0 12649 332123 332123 23990 23990 650 650 30752 30752 814 814 1366 1366 4512 4512 MANAGEMENT SERVICES EXP 367876 367876 FOREIGN CURRENCY LOSS 23257 23257 MISCELLANEOUS EXPENSE 16333 16333 CONTRACT SERVICES 3526 3526 1285 1285 806484 704891 101593 0 120041 127089 151120 95939 2253 2296 255002 89477 528416 314801 174531 116158 267327 60555 441858 176713 X 0 0 0 0 86558 138088 86558 138088 528416 314801 51530 0 X 0 1 X 1 0 X X X 1 VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY 546001805 2 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 0 INVESTMENT IN SUBSIDIARY 89477 89477 LOANS PAYABLE 60555 60555 1 SOUTH ASIA 1 PROGRAM SERVICES AGRICULTURAL EDUCATION 367876 1 0 0 0 1 0 367876 0 367876 0 0 1 0 0 0 1 VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY 300 TURNER STREET NW SUITE 4200 BLACKSBURG VA 24061 546001805 332123 0 PROJECT GRANTS 1 0 1 0 0 0 0 0 0 0 DR CYRIL R CLARKE BOARD MEMBER 0 599583 0 0 0 17633 0 109527 0 31165 0 757908 0 0 AMY SEBRING CHAIR 0 573589 0 0 0 3061 0 119889 0 41404 0 737943 0 0 DR DIANZHI DANIEL SUI BOARD MEMBER 0 496647 0 0 0 5000 0 42427 0 21465 0 565539 0 0 DR GURUPRASAD GHOSH BOARD MEMBER 0 367824 0 0 0 1924 0 48425 0 33301 0 451474 0 0 DR JAMES RANDY HEFLIN CO-MANAGER VT-RCS 0 299975 0 0 0 4079 0 29402 0 31132 0 364588 0 0 SIMON PM ALLEN SECRETARY/TREASURER 0 268574 0 45000 0 1472 0 23126 0 20090 0 358262 0 0 MELINDA WEST TREASURER VT-RCS 0 285042 0 0 0 2755 0 39190 0 23745 0 350732 0 0 JEFF EARLEY BOARD MEMBER 0 268188 0 0 0 1373 0 36795 0 30927 0 337283 0 0 DANIEL COCKRUM SECRETARY VT-RCS 0 164247 0 0 0 20316 0 24098 0 12842 0 221503 0 0 DR THOMAS ARCHIBALD PRESIDENT AET GLOBAL 0 163994 0 0 0 344 0 22674 0 28430 0 215442 0 0 PART I, LINE 4B DESCRIPTION OF THE TERMS AND CONDITIONS OF THE ARRANGEMENT: VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY (THE "UNIVERSITY"), A RELATED ORGANIZATION OF VIRGINIA TECH INNOVATIONS CORPORATION, PROVIDES DEFERRED COMPENSATION INTO A SUPPLEMENTAL NONQUALIFIED 415M RETIREMENT PLAN FOR CERTAIN EMPLOYEES. AMOUNTS ARE DISTRIBUTABLE TO THE EMPLOYEE IN THE 7TH MONTH AFTER SEPARATION FROM THE UNIVERSITY. NAMES OF LISTED PERSONS PAID AND AMOUNTS PAID DURING THE YEAR: - DR. CYRIL R. CLARKE - CONTRIBUTIONS MADE BY THE UNIVERSITY: $8,192.50 FORM 990, PART III, LINE 3 EFFECTIVE MAY 19, 2025, THE VTIC BOARD APPROVED FOR AET GLOBAL, LLC TO BE DISSOLVED UPON COMPLETION OF WINDING UP THEIR AFFAIRS AND DISTRIBUTING ANY REMAINING NET ASSETS. FORM 990, PART VI, SECTION B, LINE 11B THE FOLLOWING DESCRIBES THE FORM 990 REVIEW PROCESS BY VTIC: MANAGEMENT AND THE ACCOUNTING STAFF PROVIDE THE NECESSARY FINANCIAL AND OTHER INFORMATION TO THE INDEPENDENT THIRD PARTY TAX CONSULTANTS. THE TAX CONSULTANTS REVIEW AND COMPILE THE INFORMATION INTO THE FORM 990 AND PROVIDE A DRAFT TO MANAGEMENT. MANAGEMENT PERFORMS A DETAILED REVIEW OF THE FORM AND ANY REVISIONS ARE COMMUNICATED TO THIRD PARTY TAX CONSULTANTS. ANY REVISIONS ARE AGREED UPON BY BOTH PARTIES. PRIOR TO THE FILING DEADLINE, THE FORM IS ELECTRONICALLY PROVIDED TO ALL MEMBERS OF THE AUDIT COMMITTEE OF THE VTIC BOARD FOR THEIR REVIEW AND APPROVAL. ANY CORRECTIONS AFTER THESE REVIEWS ARE COMMUNICATED BACK TO THE THIRD PARTY TAX CONSULTANTS. ANY REVISIONS ARE AGREED UPON BY BOTH PARTIES. ONCE APPROVED, A COPY IS SENT TO ALL BOARD MEMBERS OF VTIC. IF THERE ARE NO REVISIONS, THE VTIC SECRETARY/TREASURER THEN SIGNS THE TRANSMITTAL FORM TO PERMIT THE ELECTRONIC FILING, AS REQUIRED BY THE IRS. DISCLOSURE OF THE 990 WILL BE MADE IN FULL COMPLIANCE WITH THE REQUIREMENTS ESTABLISHED BY THE IRS. FORM 990, PART VI, SECTION B, LINE 12C VTIC HAS HAD AN ESTABLISHED CONFLICT OF INTEREST POLICY SINCE IT WAS INCORPORATED. THE POLICY APPLIES TO EACH MEMBER OF THE BOARD OF DIRECTORS, ALL PRINCIPAL OFFICERS, AND KEY EMPLOYEES. COPIES OF THE POLICY ARE DISTRIBUTED TO THESE INDIVIDUALS EACH FISCAL YEAR TOGETHER WITH A COMPLIANCE QUESTIONNAIRE TO COMPLETE AND RETURN FOR THE CORPORATE RECORDS. THE PURPOSE OF THE POLICY IS TO PROTECT VTIC'S INTERESTS WHEN IT IS CONTEMPLATING ENTERING INTO BUSINESS TRANSACTIONS THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN INTERESTED PERSON OF VTIC. FORM 990, PART VI, SECTION C, LINE 19 VTIC PROVIDES FOR PUBLIC DISCLOSURE ALL DOCUMENTS REQUIRED BY LAW TO BE AVAILABLE FOR INSPECTION BY THE PUBLIC. 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