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Name: Fillable Online Return of Organization Exempt From Income Tax Fax Email Print - pdfFiller
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This document is the Form 990 for the year 2021, filed by UNIVERSITY LAB PARTNERS, a tax-exempt organization under section 501(c)(3). It provides detailed financial information, including revenue, expenses, and the mission of the organization, which focuses on accelerating growth in the biomedical industry through an open innovation platform.

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What is form 990?

Form 990 is an annual information return that tax-exempt organizations in the United States must file with the IRS. It provides the government and the public with information about the organization's activities, governance, and financial status.

Who is required to file form 990?

Tax-exempt organizations with gross receipts over a certain threshold, generally $200,000, or total assets over $500,000, are required to file Form 990. This includes charities, foundations, and other nonprofit entities.

How to fill out form 990?

To fill out Form 990, organizations must gather financial statements, details about programs and services, and governance structure. They can complete the form online or on paper, ensuring all required sections are filled out accurately based on their financial year.

What is the purpose of form 990?

The purpose of Form 990 is to provide transparency and accountability for tax-exempt organizations, allowing the IRS and the public to evaluate the financial health and operations of these entities.

What information must be reported on form 990?

Organizations must report information about their mission, programs, financial statements, governance, salaries of key personnel, and other operational details.

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