2024-05-13T10:08:04-05:00 2023-06-30 205711238 ADELSON & COMPANY PC 100 NORTH STREET PITTSFIELD MA 01201 990 2022-07-01 471691933 BERKSHIRE INNOVATION CENTER INC BERK 4134491100 45 WOODLAWN AVENUE PITTSFIELD MA 01201 B STEPHEN BOYD PRESIDENT 4134491100 2024-05-13 1 B STEPHEN BOYD 999009999 0 DAVID M IRWIN CPA P01435826 4134436408 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z B STEPHEN BOYD 45 WOODLAWN AVENUE PITTSFIELD MA 01201 1489523 0 X WWW.BERKSHIREINNOVATIONCENTER.COM X 2014 MA THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE FACILITIES AND EDUCATIONAL PROGRAMS THAT ENABLE AND ACCELERATE INNOVATION AND GROWTH OF EXISTING AND STARTUP BUSINESSES IN THE BERKSHIRE COUNTY, MASSACHUSETTS AREA, PARTICULARLY SMALL TO MEDIUM SIZED MANUFACTURING COMPANIES, WITH THE OBJECTIVE OF SPURRING ECONOMIC GROWTH, DEVELOPING A SKILLED WORKFORCE, AND INCREASING JOBS AND INVESTMENTS IN THE REGION. 20 20 11 20 0 0 649977 1124095 187759 321028 0 0 130734 44400 968470 1489523 0 0 0 0 392487 542656 0 0 0 794335 1020023 1186822 1562679 -218352 -73156 12529840 12612867 1070204 1226387 11459636 11386480 X THE BERKSHIRE INNOVATION CENTER EXPANDS THE INNOVATION CAPACITY AND GROWTH POTENTIAL OF BUSINESSES BY PROVIDING ADVANCED CAPABILITIES TO MANUFACTURERS IN THE BERKSHIRES REGION - PRIMARILY SMALL AND MEDIUM SIZED COMPANIES (AND STARTUPS) IN LIFE SCIENCES, THE LIFE SCIENCES SUPPLY CHAIN, ADVANCED MANUFACTURING, AND TECHNOLOGY. THE GOAL IS TO ENABLE AND ACCELERATE THE GROWTH OF THE MANUFACTURING SECTOR WITH THE ULTIMATE OBJECTIVE OF SPURRING ECONOMIC GROWTH, JOB CREATION. 0 0 1265011 321028 THE CORPORATION IS ORGANIZED TO PROVIDE FACILITIES AND EDUCATIONAL PROGRAMS THAT ENABLE AND ACCELERATE INNOVATION AND GROWTH OF EXISTING BUSINESS IN THE BERKSHIRE COUNTY, MASSACHUSETTS AREA, PARTICULARLY SMALL TO MEDIUM SIZED MANUFACTURING COMPANIES, WITH THE OBJECT OF SPURRING ECONOMIC GROWTH, DEVELOPING A SKILLED WORKFORCE AND INCREASING JOBS AND INVESTMENT IN THE REGION THROUGH THE DEVELOPMENT AND OPERATIONS OF: 1.) A STATE-OF-THE-ART SCIENTIFIC, HIGH TECHNOLOGY RESEARCH AND BUSINESS INCUBATOR FACILITY AND 2.) EDUCATION PROGRAMS TO PROVIDE STUDENTS AND LOCAL BUINESS COMMUNITY WITH THE TRAINING, KNOWLEDGE, EXPERIENCE AND SCIENTIFIC SKILLS NECESSARY TO SUCCEED IN AN INCREASINGLY TECHNOLOGY DRIVEN ECONOMY. 1265011 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 26 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X THE ORGANIZATION 4134491100 45 WOODLAWN AVENUE PITTSFIELD MA 01201 B STEPHEN BOYD PRESIDENT 8.00 X X 0 0 0 BRYON M SHERMAN TREASURER 6.00 X X 0 0 0 DAVID VALICENTI CLERK 0.50 X X 0 0 0 PETER STASIOWSKI VICE PRESIDENT 0.50 X 0 0 0 JUSTIN MCKENNON DIRECTOR 0.50 X 0 0 0 JAMES KUPERNIK DIRECTOR 0.50 X 0 0 0 JAMIE BIRGE DIRECTOR 0.50 X 0 0 0 JAMES J BROSNAN DIRECTOR 0.50 X 0 0 0 ASISH GHOSH DIRECTOR 0.50 X 0 0 0 PHILIP DORE DIRECTOR 0.50 X 0 0 0 BRIAN JOHNSON DIRECTOR 0.50 X 0 0 0 ALAN LEBIHAN DIRECTOR 0.50 X 0 0 0 GIOVANNA FESSENDEN DIRECTOR 0.50 X 0 0 0 ELLEN KENNEDY DIRECTOR 0.50 X 0 0 0 DAVID K ALLEN DIRECTOR 0.50 X 0 0 0 PETER REINHART DIRECTOR 0.50 X 0 0 0 DOUGLAS CRANE DIRECTOR 0.50 X 0 0 0 THOMAS ADJEI DIRECTOR 0.50 X 0 0 0 ADRIAN DION DIRECTOR 0.50 X 0 0 0 JULIE DIOP DIRECTOR 0.50 X 0 0 0 BEN SOSNE EXECUTIVE DIRECTOR 40.00 X 144622 0 0 144622 0 0 1 0 0 0 0 543744 580351 120000 1124095 MEMBERSHIP FEES 900099 187618 187618 PROGRAM SERVICE AND RE 900099 133410 133410 321028 44400 0 44400 44400 44400 1489523 321028 0 44400 147805 118244 29561 340856 272685 68171 10037 8030 2007 43958 35166 8792 1780 1780 30159 30159 29550 25550 4000 43496 43496 21370 17096 4274 158403 126723 31680 431038 344830 86208 33042 26434 6608 SUPPLIES AND SMALL EQUI 111945 89556 22389 PROGRAM AND EVENT EXPEN 59672 59672 DIGITAL MEDIA STUDIOS P 54668 54668 YOUTH PROGRAM COSTS 34704 34704 10196 8157 2039 1562679 1265011 297668 0 201101 80295 233095 61470 114619 33541 13474131 1378564 12241597 12095567 25672 55750 12529840 12612867 4532 101524 16667 1040000 1052446 25672 55750 1070204 1226387 X 11459636 11386480 11459636 11386480 12529840 12612867 -73156 0 X 0 1 X 1 0 X 6373333 6365233 747633 649977 1124095 15260271 6373333 6365233 747633 649977 1124095 15260271 15260271 47660 10500 25628 83788 15344059 215438 0.99450 0.99420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12436171 1036348 11399823 1037960 342216 695744 12095567 FIDUCIARY FUNDS PAYABLE 55750 55750 X 1489523 0 1489523 0 1489523 1562679 0 1562679 0 1562679 PART X, LINE 2: MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. X FORGIVENESS OF DEBT 2 120000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AND APPROVED BEFORE FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY AND DISCLOSE ANY FINANCIAL INTEREST OR RELATIONSHIP WITH THE ORGANIZATION. THE BOARD REVIEWS ANY POTENTIAL CONFLICTS AS WELL AS COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR EXECUTIVE DIRECTOR IS SET AND REVIEWED BY THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS, COMPARABLE SALARIES ARE CONSIDERED AND MINUTES ARE MAINTAINED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS ARE ALSO AVAILABLE ON THE WEBSITE OF THE OFFICE OF THE MASSACHUSETTS ATTORNEY GENERAL.