Civic Intelligence

Downstate Technology Center Inc.

990 • Fiscal year 2011 • EIN 11-3600385

Jul 01, 2010 to Jun 30, 2011 • Filed on Mar 22, 2012

450 Clarkson Ave Box 6511203
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

100th percentile

15.89x

Higher debt load relative to assets than 100% of similar nonprofits.

2011 filings • NTEE S • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

19th percentile

-8.1%

Faster asset growth than 19% of similar nonprofits.

2011 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$183,625

Down $16,250 (-8.1%) from 2010

Net Assets

Down

-$2,733,569

Down $146,856 (-5.7%) from 2010

Liabilities

Up

$2,917,194

Up $130,606 (+4.7%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,242,723

Down $23,223 (-1.8%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $199,875Liabilities 2010: $2,786,588Net Assets 2010: -$2,586,7132010Assets 2011: $183,625Liabilities 2011: $2,917,194Net Assets 2011: -$2,733,5692011Assets 2012: $423,586Liabilities 2012: $3,077,050Net Assets 2012: -$2,653,4642012Assets 2013: $307,910Liabilities 2013: $2,994,245Net Assets 2013: -$2,686,3352013Assets 2014: $290,586Liabilities 2014: $1,490,238Net Assets 2014: -$1,199,6522014Assets 2015: $328,565Liabilities 2015: $1,933,188Net Assets 2015: -$1,604,6232015Assets 2016: $634,219Liabilities 2016: $940,672Net Assets 2016: -$306,4532016Assets 2017: $1,044,754Liabilities 2017: $1,283,536Net Assets 2017: -$238,7822017Assets 2018: $1,753,684Liabilities 2018: $805,312Net Assets 2018: $948,3722018Assets 2019: $2,532,324Liabilities 2019: $865,734Net Assets 2019: $1,666,5902019Assets 2020: $2,973,920Liabilities 2020: $1,130,589Net Assets 2020: $1,843,3312020Assets 2021: $3,152,319Liabilities 2021: $996,971Net Assets 2021: $2,155,3482021Assets 2022: $3,493,508Liabilities 2022: $830,344Net Assets 2022: $2,663,1642022Assets 2023: $4,034,760Liabilities 2023: $772,957Net Assets 2023: $3,261,8032023Assets 2024: $4,793,757Liabilities 2024: $955,470Net Assets 2024: $3,838,2872024

Highlighted filing

2011

Assets$183,625
Liabilities$2,917,194
Net Assets-$2,733,569

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,265,9462010Expenses 2011: $1,242,7232011Expenses 2012: $1,077,3982012Revenue 2013: $1,007,654Expenses 2013: $1,040,525Net Income 2013: -$32,8712013Revenue 2014: $2,555,141Expenses 2014: $1,068,458Net Income 2014: $1,486,6832014Revenue 2015: $724,722Expenses 2015: $1,129,693Net Income 2015: -$404,9712015Revenue 2016: $2,559,406Expenses 2016: $1,261,236Net Income 2016: $1,298,1702016Revenue 2017: $1,750,432Expenses 2017: $1,682,761Net Income 2017: $67,6712017Revenue 2018: $2,857,002Expenses 2018: $1,669,848Net Income 2018: $1,187,1542018Revenue 2019: $2,528,930Expenses 2019: $1,810,712Net Income 2019: $718,2182019Revenue 2020: $1,893,742Expenses 2020: $1,717,001Net Income 2020: $176,7412020Revenue 2021: $2,271,383Expenses 2021: $1,959,366Net Income 2021: $312,0172021Revenue 2022: $2,642,146Expenses 2022: $2,134,330Net Income 2022: $507,8162022Revenue 2023: $2,713,773Expenses 2023: $2,115,134Net Income 2023: $598,6392023Revenue 2024: $3,055,622Expenses 2024: $2,479,138Net Income 2024: $576,4842024

Highlighted filing

2011

Revenue-
Expenses$1,242,723
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Mar 22, 2012
Return Version
2010v3.4
Gross Receipts
$1,095,867
Mission and Program Overview

Mission

See schedule odownstate technology center, inc. (dtc) was formed to provide an environment in which new and technologically innovative businesses can develop scientific and medical research that can be translated into commercially viable high technology products and services and/or rental space in incubator and research facilities in brooklyn, new york. To accomplish this, dtc has designed and developed and currently operates state-of-the-art incubator facilities where it leases wet laboratory and office space to biotechnology and other life sciences companies to conduct cutting edge research and development.

Major Activities

Activity 2
Dtc develops and offers rental space that meets the requirements of new and technologically innovative businesses. Dtc manages two buildings, and as of june 2011, served 9 tenants in one building and 5 tenants in the other.
Filing and Contact Details

Filer

EIN
11-3600385
Raw XML AppendixShowing 400 of 460 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY039433
IRS990/AccountsPayableAccruedExpenses/EOY044580
IRS990/AccountsReceivable/BOY043069
IRS990/AccountsReceivable/EOY016684
IRS990/ActivitiesConductedPartnership00
IRS990/Activity2/Description0DTC DEVELOPS AND OFFERS RENTAL SPACE THAT MEETS THE REQUIREMENTS OF NEW AND TECHNOLOGICALLY INNOVATIVE BUSINESSES. DTC MANAGES TWO BUILDINGS, AND AS OF JUNE 2011, SERVED 9 TENANTS IN ONE BUILDING AND 5 TENANTS IN THE OTHER.
IRS990/Activity2/Expense0961869
IRS990/Activity2/Revenue0955942
IRS990/ActivityOrMissionDescription0SEE SCHEDULE O FOR CONTINUATION DOWNSTATE TECHNOLOGY CENTER, INC. (DTC) WAS FORMED TO HELP PROVIDE AN ENVIRONMENT IN WHICH NEW AND TECHNOLOGICALLY INNOVATIVE BUSINESSES CAN DEVELOP SCIENTIFIC AND MEDICAL RESEARCH INTO COMMERCIALLY VIABLE PRODUCTS AND SERVICES. THIS IS PRINCIPALLY ACCOMPLISHED BY DEVELOPING AND OFFERING RENTAL SPACE THAT CAN ACCOMMODATE THE NEEDS OF SUCH BUSINESSES, AND DEVELOPING PROGRAMS TO FOSTER THE GROWTH OF AN APPROPRIATE LABOR FORCE.
IRS990/AddressPrincipalOfficerUS/AddressLine10450 CLARKSON AVE BOX 65
IRS990/AddressPrincipalOfficerUS/City0BROOKLYN
IRS990/AddressPrincipalOfficerUS/State0NY
IRS990/AddressPrincipalOfficerUS/ZIPCode011203
IRS990/AllOtherContributions049326
IRS990/AnnualDisclosureCoveredPersons01
IRS990/AuditCommittee01
IRS990/BenefitsPaidToMembersCY00
IRS990/BenefitsPaidToMembersPriorYear00
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CashNonInterestBearing/BOY0143822
IRS990/CashNonInterestBearing/EOY091692
IRS990/ChangesToOrganizingDocs00
IRS990/CollectionsOfArt00
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO00
IRS990/CompensationProcessOther00
IRS990/ComplianceWithBackupWitholding01
IRS990/ConferencesMeetings/ProgramServices04290
IRS990/ConferencesMeetings/Total04290
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt00
IRS990/ContributionsGrantsCurrentYear0138619
IRS990/ContributionsGrantsPriorYear0274355
IRS990/CreditCounseling01
IRS990/DecisionsSubjectToApproval00
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DeferredRevenue/BOY03912
IRS990/DeferredRevenue/EOY04115
IRS990/DelegationOfManagementDuties00
IRS990/DescribedIn501C301
IRS990/Description0DTC SEEKS TO FOSTER THE GROWTH OF THE BIOSCIENCE/BIOTECHNOLOGY WORKFORCE SO THAT INNOVATIVE, GROWING BUSINESSES IN THIS INDUSTRY HAVE AN APPROPRIATELY TRAINED LABOR FORCE. THE PROGRAM THAT DTC OFFERS IN CONJUNCTION WITH HUNTER COLLEGE PROVIDES LECTURES, HANDS-ON WORKSHOPS, PROFESSIONAL INTERNSHIPS, AND HELP WITH EMPLOYMENT PLACEMENT. AS OF JUNE 2011, THE PROGRAM TRAINED 302 INDIVIDUALS, PLACED 133 IN INTERNSHIPS AND FOUND EMPLOYMENT FOR 137. THIS PROGRAM IS FUNDED BY THE HELENA RUBINSTEIN FOUNDATION, WHICH PROVIDED A $40,000 GRANT FOR THIS FISCAL YEAR, FOR A PROGRAM COORDINATOR.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy01
IRS990/DonorAdvisedFunds00
IRS990/ElectionOfBoardMembers01
IRS990/EscrowAccountLiability/EOY051457
IRS990/ExcessBenefitTransaction00
IRS990/Expense040720
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/FeesForServicesAccounting/ManagementAndGeneral050825
IRS990/FeesForServicesAccounting/Total050825
IRS990/FeesForServicesLegal/ManagementAndGeneral044008
IRS990/FeesForServicesLegal/Total044008
IRS990/FeesForServicesLobbying/ManagementAndGeneral045000
IRS990/FeesForServicesLobbying/Total045000
IRS990/FeesForServicesOther/ProgramServices083763
IRS990/FeesForServicesOther/Total083763
IRS990/FinancialStatementSeparate0X
IRS990/FollowSFAS1170X
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form8282PropertyDisposedOf00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek030.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek14.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek21.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek32.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek42.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek51.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek61.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek71.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek81.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek91.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek103.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1140.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector7X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector8X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector9X
IRS990/Form990PartVIISectionA/NamePerson0EVA CRAMER PHD
IRS990/Form990PartVIISectionA/NamePerson1IVAN M LISNITZER
IRS990/Form990PartVIISectionA/NamePerson2JOAN BARTOLOMEO
IRS990/Form990PartVIISectionA/NamePerson3JOHN C LAROSA MD
IRS990/Form990PartVIISectionA/NamePerson4PAUL DAVIS
IRS990/Form990PartVIISectionA/NamePerson5GREGORY W O'CONNOR
IRS990/Form990PartVIISectionA/NamePerson6JAMES A WEYHENMEYER PHD
IRS990/Form990PartVIISectionA/NamePerson7CHARLES D DILKS
IRS990/Form990PartVIISectionA/NamePerson8GARRETT R SANDERS
IRS990/Form990PartVIISectionA/NamePerson9STEPHEN M KAMINSKY
IRS990/Form990PartVIISectionA/NamePerson10FRANCI SCHARF
IRS990/Form990PartVIISectionA/NamePerson11DAVID NORTON
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/Officer5X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation80
IRS990/Form990PartVIISectionA/OtherCompensation90
IRS990/Form990PartVIISectionA/OtherCompensation100
IRS990/Form990PartVIISectionA/OtherCompensation110
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization80
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization90
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization100
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization110
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs110
IRS990/Form990PartVIISectionA/Title0PRESIDENT
IRS990/Form990PartVIISectionA/Title1EXECUTIVE VP
IRS990/Form990PartVIISectionA/Title2TRUSTEE
IRS990/Form990PartVIISectionA/Title3CHAIRMAN
IRS990/Form990PartVIISectionA/Title4TREASURER
IRS990/Form990PartVIISectionA/Title5TRUSTEE
IRS990/Form990PartVIISectionA/Title6TRUSTEE
IRS990/Form990PartVIISectionA/Title7TRUSTEE
IRS990/Form990PartVIISectionA/Title8TRUSTEE
IRS990/Form990PartVIISectionA/Title9TRUSTEE
IRS990/Form990PartVIISectionA/Title10SECRETARY
IRS990/Form990PartVIISectionA/Title11EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGoverningBody01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FundraisingActivities00
IRS990/FundsToPayPremiums00
IRS990/Gaming00
IRS990/GovernmentGrants089293
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsAndSimilarAmntsPriorYear014950
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossReceipts01095867
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXII0X
IRS990/Insurance/ManagementAndGeneral099511
IRS990/Insurance/Total099511
IRS990/InvestmentIncomeCurrentYear00
IRS990/InvestmentIncomePriorYear00
IRS990/InvestmentInJointVenture00
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities01
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders01
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0DOWNSTATE TECHNOLOGY CENTER, INC. (DTC) WAS FORMED TO HELP PROVIDE AN ENVIRONMENT IN WHICH NEW AND TECHNOLOGICALLY INNOVATIVE BUSINESSES CAN DEVELOP SCIENTIFIC AND MEDICAL RESEARCH INTO COMMERCIALLY VIABLE PRODUCTS AND SERVICES. THIS IS PRINCIPALLY ACCOMPLISHED BY DEVELOPING AND OFFERING RENTAL SPACE THAT CAN ACCOMMODATE THE NEEDS OF SUCH BUSINESSES, AND DEVELOPING PROGRAMS TO FOSTER THE GROWTH OF AN APPROPRIATE LABOR FORCE.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0EVA CRAMER PHD
IRS990/NbrIndependentVotingMembers010
IRS990/NbrVotingGoverningBodyMembers010
IRS990/NbrVotingMembersGoverningBody010
IRS990/NetAssetsOrFundBalancesBOY0-2586713
IRS990/NetAssetsOrFundBalancesEOY0-2733569
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NoListedPersonsCompensated0X
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109600
IRS990/NumberIndependentVotingMembers010
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees00
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ProgramServices0317762
IRS990/Occupancy/Total0317762
IRS990/OfficeExpenses/ProgramServices020926
IRS990/OfficeExpenses/Total020926
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY00
IRS990/OtherAssetsTotal/EOY051457
IRS990/OtherExpensePriorYear01250996
IRS990/OtherExpensesCurrentYear01242723
IRS990/OtherExpenses/Description0PURCHASED SERVICES
IRS990/OtherExpenses/Description1MAINTENANCE
IRS990/OtherExpenses/Description2BAD DEBT EXPENSE
IRS990/OtherExpenses/Description3MISCELLANEOUS
IRS990/OtherExpenses/ManagementAndGeneral0790
IRS990/OtherExpenses/ProgramServices0387870
IRS990/OtherExpenses/ProgramServices1185207
IRS990/OtherExpenses/ProgramServices2681
IRS990/OtherExpenses/Total0387870
IRS990/OtherExpenses/Total1185207
IRS990/OtherExpenses/Total2790
IRS990/OtherExpenses/Total3681
IRS990/OtherLiabilities/BOY02743243
IRS990/OtherLiabilities/EOY02817042
IRS990/OtherRevenueCurrentYear01306
IRS990/OtherRevenueMisc/BusinessCode0900099
IRS990/OtherRevenueMisc/Description0OTHER INCOME
IRS990/OtherRevenueMisc/ExclusionAmount01306
IRS990/OtherRevenueMisc/TotalRevenueColumn01306
IRS990/OtherRevenuePriorYear012293
IRS990/OtherWebsite0X
IRS990/PartialLiquidation00
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PrepaidExpensesDeferredCharges/BOY012984
IRS990/PrepaidExpensesDeferredCharges/EOY023792
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0900099
IRS990/ProgramServiceRevenueCY0955942
IRS990/ProgramServiceRevenue/Description0RENTAL INCOME
IRS990/ProgramServiceRevenuePriorYear0859016
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome0955942
IRS990/ProgramServiceRevenue/TotalRevenueColumn0955942
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses0-146856
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip00
IRS990/ReportOtherAssets01
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest00
IRS990/RevenuesLessExpensesCY0-146856
IRS990/RevenuesLessExpensesPriorYear0-120282
IRS990/SalariesEtcCurrentYear00
IRS990/SalariesEtcPriorYear00
IRS990ScheduleA/AmountsSubstContributorsTotal094858
IRS990ScheduleA/GeneralExplanation0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME INSURANCE SETTLEMENT PROPERTY TAX REFUND
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0138619
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0274335
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years0299905
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years0323445
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0147725
IRS990ScheduleA/GiftsGrantsContribReceived170/Total01184029
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc04103014
IRS990ScheduleA/OtherIncome170/CurrentTaxYear01306
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year012293
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus2Years059496
IRS990ScheduleA/OtherIncome170/Total073095
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.86640
IRS990ScheduleA/PublicSupportPertcentPriorYear00.69260
IRS990ScheduleA/PublicSupportTotal17001089171
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear0138619
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year0274335
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years0299905
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years0323445
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0147725
IRS990ScheduleA/Total170/Total01184029
IRS990ScheduleA/TotalSupport01257124
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleC/DirectContactLegislators00
IRS990ScheduleC/Form990ScheduleCPartIV/Explanation0DTCI UTILIZED THE SERVICES OF YOSWEIN NEW YORK TO ENGAGE IN LOBBYING ACTIVITIES. SUBJECTS THAT WERE LOBBIED WERE: CAPITAL FUNDING FOR NEW RESEARCH BUILDING AND ACADEMIC CENTER; CAPITAL FUNDING FOR BIOTECH INCUBATOR, AND SUNY BUDGET CUTS.
IRS990ScheduleC/Form990ScheduleCPartIV/Identifier0EXPLANATION OF OTHER LOBBYING ACTIVITIES:
IRS990ScheduleC/Form990ScheduleCPartIV/ReturnReference0PART II-B, LINE 1I:
IRS990ScheduleC/GrantsOtherOrganizations00
IRS990ScheduleC/MailingsMembers00
IRS990ScheduleC/MediaAdvertisements00
IRS990ScheduleC/NotDescribedIn501c300
IRS990ScheduleC/OtherActivities01
IRS990ScheduleC/OtherActivitiesAmount045000
IRS990ScheduleC/PaidStaffOrManagement00
IRS990ScheduleC/PublicationsOrBroadcast00
IRS990ScheduleC/RalliesDemonstrations00
IRS990ScheduleC/TotalLobbyingExpendituresIIB045000
IRS990ScheduleC/Volunteers00
IRS990ScheduleD/AgentTrusteeEtc00
IRS990ScheduleD/DonatedServicesUseOfFacilities0300000
IRS990ScheduleD/DonatedSrvcAndUseOfFacilities0300000
IRS990ScheduleD/ExcessOrDeficitForYear0-146856
IRS990ScheduleD/ExcessOrDeficitPerFS0-146856
IRS990ScheduleD/ExpensesNotRptdF9900300000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal01242723
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE ORGANIZATION HOLDS SECURITY DEPOSITS FOR TENANTS IN AN ESCROW ACCOUNT UNTIL THE END OF THE LEASE. ONCE THE END OF THE LEASE OCCURS, AND THE ORGANIZATION VERIFIES THAT NO DAMAGE OR REPAIRS NEEDS TO BE DONE TO THE PROPERTY THAT WAS BEING LEASED, THE SECURITY DEPOSIT IS RETURNED TO THE TENANT. THE SECURITY DEPOSIT RETURNED TO THE TENANT IS NET OF ANY OUTSTANDING FEES.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1DTC RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT DTC HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. DTC IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2008.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART IV, LINE 2B:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference1PART X:
IRS990ScheduleD/IncludedOnFS01
IRS990ScheduleD/OtherAssets/BookValue051457
IRS990ScheduleD/OtherAssets/Description0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilities/Amount0644272
IRS990ScheduleD/OtherLiabilities/Amount11428276
IRS990ScheduleD/OtherLiabilities/Amount2744494
IRS990ScheduleD/OtherLiabilities/Description0DUE TO STATE U. OF NY DOWNSTATE MEDICAL CENTER
IRS990ScheduleD/OtherLiabilities/Description1DUE TO RESEARCH FOUNDATION OF STATE U OF NY
IRS990ScheduleD/OtherLiabilities/Description2DUE TO HEALTH SCIENCE CENTER AT BROOKLYN FOUNDATION, INC.
IRS990ScheduleD/RevenueNotRptdF9900300000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal01095867
IRS990ScheduleD/TotalAdjustments00
IRS990ScheduleD/TotalBookValueOtherAssets051457
IRS990ScheduleD/TotalExpenses01242723
IRS990ScheduleD/TotalExpensesPerForm99001242723
IRS990ScheduleD/TotalOfAmounts02817042
IRS990ScheduleD/TotalOfBookValueLandBuildings00
IRS990ScheduleD/TotalRevenue01095867
IRS990ScheduleD/TotalRevenuePerForm99001095867
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt01542723
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt01395867
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION HAS TWO MEMBERS: THE RESEARCH FOUNDATION OF THE STATE UNIVERSITY OF NEW YORK AND THE HEALTH SCIENCE CENTER AT BROOKLYN FOUNDATION INC.
IRS990ScheduleO/GeneralExplanation/Explanation1EACH MEMBER OF THE ORGANIZATION IS ALLOWED TO ELECT FOUR TRUSTEES TO REPRESENT THEM. IN ADDITION, THE MEMBERS ELECT TWO TRUSTEES JOINTLY. THE TRUSTEES DIRECT THE MANAGEMENT AND OPERATION OF THE CORPORATION.
IRS990ScheduleO/GeneralExplanation/Explanation2DOWNSTATE TECHNOLOGY CENTER INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. AFTER THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PRESENTED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING.
IRS990ScheduleO/GeneralExplanation/Explanation3THE CONFLICT OF INTEREST POLICY APPLIES TO DIRECTORS, AND OFFICERS OF THE ORGANIZATION. THE CONFLICT OF INTEREST POLICY IS UPDATED AS NEEDED. THE LAST UPDATE WAS ON JUNE 27, 2011. IT IS THE RESPONSIBILITY OF THE BOARD MEMBERS TO NOTIFY DTC OF ANY POTENTIAL CONFLICTS AS THEY ARISE. THE BOARD OF DIRECTORS WILL DETERMINE, BASED ON THE FACTS, IF A CONFLICT ACTUALLY EXISTS. IF THE BOARD DETERMINES THAT A CONFLICT EXISTS, THE AFFECTED DIRECTOR SHALL ABSTAIN FROM VOTING ON THE MATTER. THE AFFECTED DIRECTOR MAY PARTICIPATE IN DISCUSSIONS ON THE MATTER IN QUESTION ONLY IF ASKED FOR INFORMATION BY A MAJORITY OF THE REMAINING BOARD MEMBERS. THE AFFECTED DIRECTOR MUST WITHDRAW FROM THE MEETING CONCERNING THE MATTER IN QUESTION IF REQUESTED BY THE REMAINING BOARD MEMBERS. THE MINUTES OF THE BOARD SHALL REFLECT THE ACTIONS OF THE BOARD OF DIRECTOR AND THE AFFECTED DIRECTOR.
IRS990ScheduleO/GeneralExplanation/Explanation4FORM 990, PART VI, LINE 15A AND 15B DOWNSTATE TECHNOLOGY CENTER IS AFFILIATED TO SUNY DOWNSTATE MEDICAL CENTER AND THE RESEARCH FOUNDATION OF SUNY, WHICH PAY EMPLOYEE SALARIES DIRECTLY THROUGH THEIR PAYROLL DEPARTMENTS. THE COSTS FOR SALARY AND FRINGE BENEFITS ARE THEN CHARGED BACK TO DTC. SALARIES ARE DETERMINED BY CLASS AND COMPENSATION BASED ON GRADE AND POSITION TITLE. THE STATE AND RESEARCH FOUNDATION SYSTEM HAVE SPECIFIC GUIDELINES ON SALARY AND GRADE LEVEL BASED ON JOB RESPONSIBILITIES.
IRS990ScheduleO/GeneralExplanation/Explanation5THE EXEMPT ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FORM 990 AS WELL AS THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT 450 CLARKSON AVENUE, BOX 65, BROOKLYN, NY 11203...OR BY CALLING THE ORGANIZATION DIRECTLY AT (718)-270-3176.
IRS990ScheduleO/GeneralExplanation/Explanation6THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/Identifier2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART XII, LINE 2C
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0NY
IRS990/StatesWhereCopyOfReturnIsFiled0NY
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10450 CLARKSON AVENUE
IRS990/TheBooksAreInCareOf/AddressUS/City0BROOKLYN
IRS990/TheBooksAreInCareOf/AddressUS/State0NY
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode011203
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10SAM KIEL
IRS990/TheBooksAreInCareOf/TelephoneNumber07182704358
IRS990/TotalAssets/BOY0199875
IRS990/TotalAssetsBOY0199875
IRS990/TotalAssets/EOY0183625
IRS990/TotalAssetsEOY0183625
IRS990/TotalCompGT150K00
IRS990/TotalContributions0138619
IRS990/TotalExpensesCurrentYear01242723
IRS990/TotalExpensesPriorYear01265946
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral0240134
IRS990/TotalFunctionalExpenses/ProgramServices01002589
IRS990/TotalFunctionalExpenses/Total01242723
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY02786588
IRS990/TotalLiabilitiesBOY02786588
IRS990/TotalLiabilities/EOY02917194

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.79$0.96$3.84$3.06$2.48$0.58
2023Detailed filing. Detailed filing data is available for this year.$4.03$0.77$3.26$2.71$2.12$0.60
2022Detailed filing. Detailed filing data is available for this year.$3.49$0.83$2.66$2.64$2.13$0.51
2021Detailed filing. Detailed filing data is available for this year.$3.15$1.00$2.16$2.27$1.96$0.31
2020Detailed filing. Detailed filing data is available for this year.$2.97$1.13$1.84$1.89$1.72$0.18
2019Detailed filing. Detailed filing data is available for this year.$2.53$0.87$1.67$2.53$1.81$0.72
2018Detailed filing. Detailed filing data is available for this year.$1.75$0.81$0.95$2.86$1.67$1.19
2017Detailed filing. Detailed filing data is available for this year.$1.04$1.28$0.24$1.75$1.68$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.63$0.94$0.31$2.56$1.26$1.30
2015Detailed filing. Detailed filing data is available for this year.$0.33$1.93$1.60$0.72$1.13$0.40
2014Detailed filing. Detailed filing data is available for this year.$0.29$1.49$1.20$2.56$1.07$1.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$2.99$2.69$1.01$1.04$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$3.08$2.65$1.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$2.92$2.73$1.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$2.79$2.59$1.27