| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, LINE 2 | FORM 990, PART VI, LINE 2 AS ACTIVE MEMBERS OF THEIR COMMUNITY, BOARD MEMBERS OF THE WARREN PROFESSIONAL BUILDING CORPORATION ("WPBC") HAVE BUSINESS RELATIONSHIPS WITH ONE ANOTHER. |
| FORM 990,PART VI, LINES 6, 7A, & 7B | WILLIAM K. WARREN MEDICAL RESEARCH CENTER INC ("WMRC"), A RELATED 501(C)(3) ORGANIZATION, IS THE SOLE SHAREHOLDER AND ELECTS THE BOARD OF THE WARREN PROFESSIONAL BUILDING CORPORATION ON AN ANNUAL BASIS. |
| FORM 990, PART VI, LINE 8B | The organization has no committees with the authority to act on behalf of the governing body. |
| FORM 990, PART VI, LINES 11A & 11B | The Form 990 information was compiled from the organization's corporate and accounting records by internal accounting staff, who prepared the Form 990. The completed Form 990 was reviewed by the organization's CEO, Treasurer, and external tax adviser. Upon satisfactory completion of the review process, a draft of the Form 990 was circulated to the organization's Board of Directors for review. The Form 990 was then filed with the Internal Revenue Service. |
| FORM 990, PART VI, LINES 15A & 15B | A COMPENSATION COMMITTEE CONSISTING OF THE CHAIRMAN OF WMRC and A TRUSTEE OF WPBC (WHO IS NOT PAID BY WPBC) MEET ANNUALLY TO DETERMINE EMPLOYEE COMPENSATION. SALARY SURVEY INFORMATION PROVIDED BY A THIRD-PARTY CONSULTANT IS CONSIDERED. |
| FORM 990, PART VI, LINE 19 | The organization makes its governing documents and financial statements available to the public upon request in accordance with the public disclosure rules. |
| FORM 990, PART XI, LINE 9 | UNREALIZED APPRECIATED PROPERTY - WARREN PROFESSIONAL BUILDING CORPORATION RECEIVED LAND FROM ITS PARENT COMPANY, THE WILLIAM K. WARREN MEDICAL RESEARCH CENTER. FOR TAX PURPOSES, THE LAND IS CARRIED AT COST ON THE BALANCE SHEET, YET CONTRIBUTION INCOME WAS RECORDED USING APPRAISED VALUE ON THE INCOME STATEMENT. DIFFERENCE IS RECORDED AS AN ADJUSTMENT TO EQUITY. |
| FORM 990 PART IX LINE 11G | DESCRIPTION:HOUSEKEEPING TOTAL FEES:1709005 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:GUEST SERVICES TOTAL FEES:1486174 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:ENGINEERING & MAINTENANCE TOTAL FEES:1875703 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:GENERAL BUILDING EXPENSE TOTAL FEES:369857 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:LANDSCAPE/GROUNDS TOTAL FEES:613539 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:ARCHITECT/CONSULTING TOTAL FEES:413470 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:UTILITY EXPENSE TOTAL FEES:4693107 |
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