2026-05-11T15:28:57-05:00 2025-06-30 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2024-07-01 141442493 MARIST UNIVERSITY MARI 8455753000 3399 NORTH ROAD POUGHKEEPSIE NY 12601 ELIZABETH VEASEY CFO 8455753000 2026-05-11 1 1 DANIEL ROMANO P00504182 2125990100 2024 2025-03-06 01:10:19Z KEVIN WEINMAN 3399 NORTH ROAD POUGHKEEPSIE NY 12601 609261881 0 X WWW.MARIST.EDU X 1946 NY MARIST UNIVERSITY IS DEDICATED TO HELPING DEVELOP THE INTELLECT, CHARACTER (CONT IN SCHEDULE O)AND SKILLS REQUIRED FOR ENLIGHTENED, ETHICAL, AND PRODUCTIVE LIVES IN THE GLOBAL COMMUNITY OF THE 21ST CENTURY. 33 33 3777 215 1090546 138540 9515497 15792961 313705393 332969237 50386029 42562044 5875666 6063699 379482585 397387941 106925443 118473086 0 0 127428779 137916191 365051 611315 3836994 99328494 107954722 334047767 364955314 45434818 32432627 1081904140 1122829591 271316575 251785467 810587565 871044124 X MARIST UNIVERSITY IS DEDICATED TO HELPING STUDENTS DEVELOP THE INTELLECT, CHARACTER AND SKILLS REQUIRED FOR ENLIGHTENED, ETHICAL, AND PRODUCTIVE LIVES IN THE GLOBAL COMMUNITY OF THE 21ST CENTURY. 0 0 288357721 116410987 269002097 FOUNDED IN 1929, MARIST UNIVERSITY IS A COMPREHENSIVE, INDEPENDENT FOUR-YEAR INSTITUTION THAT BLENDS THE LIBERAL ARTS WITH PRE-PROFESSIONAL STUDIES AND EMPHASIZES EXPERIENTIAL LEARNING TO ENRICH CLASSROOM INSTRUCTION. WITH CAMPUSES IN POUGHKEEPSIE, NEW YORK, AND FLORENCE, ITALY, AS WELL AS MORE THAN 70 PROGRAMS OFFERING A VARIETY OF INTERNATIONAL STUDY OPTIONS, THE UNIVERSITY IS A PORTAL TO THE WORLD AND IS DEVOTED TO NURTURING A WELCOMING, INCLUSIVE COMMUNITY. THROUGH SIX SCHOOLS OFFERING NEARLY 50 MAJORS, MARIST FOSTERS THE INTELLECTUAL GROWTH AND WELL-BEING OF ITS MORE THAN 6,000 UNDERGRADUATE AND GRADUATE STUDENTS. (CONTINUED IN SCHEDULE O)THE UNIVERSITY ENCOURAGES STUDENTS TO EXPLORE BEYOND TRADITIONAL ACADEMIC BOUNDARIES, PURSUING COURSEWORK AND PERSONAL EXPERIENCES THAT PROVIDE VALUABLE OCCUPATIONAL EXPERTISE AND REFLECT THEIR INDIVIDUAL PASSIONS. MARIST HAS BEEN RECOGNIZED AS A TOP INSTITUTION IN THE NATION BY U.S. NEWS & WORLD REPORT, THE WALL STREET JOURNAL, THE PRINCETON REVIEW, AND OTHERS. 42237491 2062099 63967141 MARIST IS A RESIDENTIAL CAMPUS WITH APPROXIMATELY 70%+ OF STUDENTS LIVING IN ON-CAMPUS HOUSING ALL FOUR YEARS. THE UNIVERSITY RECOGNIZES THAT A STUDENT'S DEVELOPMENT SHOULD BE SUPPORTED BY THEIR LIVING ENVIRONMENT AND INCORPORATES PROGRAMMING, PEER AND STAFF SUPPORT, AND OTHER COMMUNITY-BUILDING ACTIVITIES IN THE RESIDENCE HALLS. ANOTHER LARGE AUXILIARY FUNCTION INCLUDES FOODS SERVICE THROUGH BOTH A RESIDENT AND RETAIL DINING PROGRAM. THE RESIDENT DINING OPERATION PROVIDES FOOD ON A DAILY BASIS TO OVER 3,000 PARTICIPANTS THROUGH MORE THAN 10 DIFFERENT DINING LOCATIONS ACROSS CAMPUS. (CONTINUED IN SCHEDULE O)THE CAMPUS DINING EXPERIENCE IS FOCUSED ON CULINARY EXPERTISE, FRESH LOCAL AND REGIONAL INGREDIENTS, HEALTHY OPTIONS, AND A SHARED SENSE OF ENVIRONMENTAL AND SOCIAL RESPONSIBILITY. OTHER CAMPUS AUXILIARY SERVICES INCLUDE A CAMPUS STORE, COMPUTER STORE, AND A CAMPUS/COMMUNITY DEBIT CARD ACCOUNT KNOWN AS MARIST MONEY. THROUGHOUT ALL OF THE UNIVERSITY'S AUXILIARY SERVICES, AN EMPHASIS IS PLACED ON PROMOTING SUSTAINABLE PRACTICES WHERE APPLICABLE AND INCLUDE, BUT ARE NOT LIMITED TO, EDUCATING FACULTY, STAFF, AND STUDENTS ABOUT THE IMPACT OF THEIR ACTIONS ON THE ENVIRONMENT; IDENTIFYING, ESTABLISHING, AND PUBLICIZING SUSTAINABILITY PRINCIPLES, GOALS, AND BEST PRACTICES; PROVIDING A FRAMEWORK FOR GUIDING SUSTAINABLE PROCEDURES, PROGRAMS, AND INITIATIVES; AND MONITORING AND REPORTING PROGRESS ON CAMPUS SUSTAINABILITY INITIATIVES. FORM 990, PART V, LINE 1A:AMOUNT REPORTED IN BOX 3 OF FORM 1096MARIST UNIVERSITY IS REPORTING THE NUMBER FROM FORM 1096, BOX 3, LESS THE AMOUNT OF FORMS 1098-T PROVIDED TO STUDENTS DURING THE YEAR. FOR 2024, THERE WERE 7,530 FORMS 1098-T ISSUED. 330595212 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 351 1 1 3777 1 1 1 1 SP IT FR 0 0 0 1 1 0 0 0 0 1 0 X 33 33 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X ELIZABETH VEASEY CFO VP OF BA 8455753000 3399 NORTH ROAD POUGHKEEPSIE NY 12601 ROSS A MAURI PAST CHAIR 2.00 0.00 X X 0 0 0 GENINE MCCORMICK CHAIR 2.00 0.00 X 0 0 0 DIRK MCMAHON VICE CHAIR 1.00 0.00 X 0 0 0 MICHAEL ACCUOSTI TRUSTEE (AS OF 06/2025) 1.00 0.00 X 0 0 0 EILEEN ALTOBELLI TRUSTEE (AS OF 11/2024) 1.00 0.00 X 0 0 0 ALVIN PATRICK TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY LORELLO TRUSTEE (THRU 06/2025) 1.00 0.00 X 0 0 0 LARK-MARIE ANTON TRUSTEE (AS OF 11/2024) 1.00 0.00 X 0 0 0 LAURIE AURELIA CERVENY TRUSTEE (AS OF 11/2024) 1.00 0.00 X 0 0 0 JAMES M BARNES TRUSTEE 1.00 0.00 X 0 0 0 SUSAN L COHEN TRUSTEE 1.00 0.00 X 0 0 0 LAURIE DEJONG TRUSTEE 1.00 0.00 X 0 0 0 MARK V DENNIS TRUSTEE 1.00 0.00 X 0 0 0 DONALD DUET TRUSTEE (THRU 11/2024) 1.00 0.00 X 0 0 0 BROTHER JOHN W KLEIN TRUSTEE 1.00 0.00 X 0 0 0 ROBERT R DYSON TRUSTEE 1.00 0.00 X 0 0 0 GREG GARTLAND TRUSTEE 1.00 0.00 X 0 0 0 STANLEY E HARRIS TRUSTEE 1.00 0.00 X 0 0 0 DANIEL G HICKEY SR TRUSTEE 1.00 0.00 X 0 0 0 JAMES P HONAN TRUSTEE 1.00 0.00 X 0 0 0 ANDREW L KAYIIRA JR TRUSTEE (AS OF 11/2024) 1.00 0.00 X 0 0 0 KRISTIN NOTO TRUSTEE 1.00 0.00 X 0 0 0 PATRICK M LAVELLE TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER G MCCANN TRUSTEE 1.00 0.00 X 0 0 0 JAMIE MCGURK TRUSTEE (AS OF 11/2024) 1.00 0.00 X 0 0 0 THOMAS M MURRAY TRUSTEE 1.00 0.00 X 0 0 0 MAUREEN O'ROURKE TRUSTEE 1.00 0.00 X 0 0 0 JEROME A PICKETT TRUSTEE 1.00 0.00 X 0 0 0 RAJESH KOTHAPALLI TRUSTEE 1.00 0.00 X 0 0 0 ROBERT SHANAHAN TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN COSGROVE TRUSTEE 1.00 0.00 X 0 0 0 STEVEN EFFRON TRUSTEE 1.00 0.00 X 0 0 0 CJAMES TAYLOR III TRUSTEE 1.00 0.00 X 0 0 0 TIM TENNEY TRUSTEE 1.00 0.00 X 0 0 0 ELIZABETH K VENUTI TRUSTEE 1.00 0.00 X 0 0 0 KEVIN WEINMAN PRESIDENT 50.00 0.00 X 1286089 0 102672 GEOFFREY L BRACKETT EXEC. VP FOR OPS & COMM. RELATIONS 50.00 1.00 X 463356 0 78699 ELIZABETH VEASEY VP OF BUSINESS AFFAIRS/CFO 50.00 1.00 X 347194 0 77081 CATHERINE KODAT PROVOST & DEAN OF FACULTY 50.00 0.00 X 363823 0 26664 EMILY SALAND - VP OF STRATEGIC INITIATIVES & INT CHIEF OF STAFF 50.00 0.00 X 231892 0 64933 EMILY GRIFFEN - VP CHIEF OF STAFF & LIAISON TO BOARD (AS OF 4/25) 50.00 0.00 X 0 0 0 JENNIFER MIGLIORE - CHIEF OF STAFF & LIAISON, BOARD (THRU 11/24) 50.00 0.00 X 67345 0 8773 SEAN P KAYLOR VP OF ADMISSIONS & ENROLLMENT 50.00 0.00 X 353931 0 81339 DARYL RICHARD VP FOR COMM. & MKTG. 50.00 0.00 X 350246 0 67204 CHRISTOPHER DELGIORNO VP OF COLLEGE ADVANCEMENT 50.00 0.00 X 286594 0 58221 JOHN DUNNE HEAD COACH, MEN'S BASKETBALL 50.00 0.00 X 405014 0 48666 LEE MIRINGOFF DIRECTOR OF MIPO 50.00 0.00 X 354616 0 68445 MICHAEL CAPUTO VP OF INFORMATION TECHNOLOGY/CIO 50.00 0.00 X 339149 0 53422 ALICIA SLATER - DEAN SCHOOL OF SCIENCE & SENIOR ASSOCIATE PROVOST 50.00 0.00 X 258324 0 65960 WILLIAM LAMB DEAN, SCHOOL OF MANAGEMENT 50.00 0.00 X 256702 0 60572 DENNIS J MURRAY - PROFESSOR OF PUBLIC AFFAIRS/FORMER PRESIDENT 50.00 0.00 X 339356 0 64279 THOMAS WERMUTH-DR FRANK BUMPUS CHAIR/FRMR VP OF ACADEMIC AFFAIRS 50.00 0.00 X 241904 0 42600 5945535 0 969530 299 1 1 0 PIKE COMPANY INC 1 CIRCLE STREET ROCHESTER NY 14607 PLANT CONSTRUCTION 25670432 COMPASS GROUP USA INCORPORATED 2400 YORKMONT ROAD CHARLOTTE NC 28217 FOOD SERVICE 12601826 MAINLINE INFORMATION SYSTEMS INC PO BOX 11407 DEPT 1659 BIRMINGHAM AL 35246 IT SERVICES 3515306 CAMBRIDGE ASSOCIATES LLC 125 HIGH STREET BOSTON MA 02110 INVESTMENT MANAGEMENT 1878467 UMBRELLA DIGITAL LLC 30 MONTGOMERY STREET SUITE 300 JERSEY CITY NJ 07302 DIGITAL MARKETING 1561500 71 64044 3196062 12532855 223496 15792961 TUITION & FEES 611310 269002096 269002096 ROOM & BOARD 721310 63967141 63967141 332969237 8203545 8203545 349095 0 349095 349095 349095 246080140 211721641 34358499 34358499 34358499 207256 64044 136156 71100 71100 164240 16143 148097 148097 ATHLETICS 711211 1086444 1086444 STUDENT ACTIVITES AND CLUBS 611710 993842 993842 IT CONTRACTS 541511 696913 696913 2718208 393633 2324575 5495407 397387941 332969237 1090546 47535197 250000 250000 118223086 118223086 4410279 365510 2904371 1140398 95781738 85014496 9941798 825444 8453638 7353065 1009471 91102 22093741 19445757 2313581 334403 7176795 6399477 680360 96958 10646833 10646833 1547826 3548 1544278 309067 9413 299654 611315 611315 2657054 2657054 6628786 4653390 1641245 334151 2780598 2427482 230802 122314 5561606 4647722 824382 89502 6065711 5178397 884443 2871 1882707 1486174 351291 45242 11393629 10614599 777053 1977 6063412 5856021 178927 28464 887983 785522 92450 10011 8455554 8436696 18858 19534601 18582593 952008 2262907 405519 1857388 INTERNATIONAL PROGRAM 12392751 12392751 CATERING & EVENTS 1871301 1382721 464207 24373 UNIFORMS/ATHLETIC EQUIP 1252030 1252030 R/A ROOM AND BOARD COST 1142359 1142359 4618007 3640051 899487 78469 364955314 330595212 30523108 3836994 202756 143254 84614938 67588819 3364687 7246402 2970461 6143294 2525107 2178403 275169 274555 3809582 3500532 767403706 327367235 433246879 440036471 76121494 82815495 452464536 502339350 22308531 10563016 1081904140 1122829591 28090766 25510219 10635159 9776785 220415526 206047719 12175124 10450744 271316575 251785467 X 687869123 739099316 122718442 131944808 810587565 871044124 1081904140 1122829591 X 32432627 25472981 -2657054 5208005 X 0 1 X 1 1 1 X 14847219 19681323 10448568 9515497 15792961 70285568 14847219 19681323 10448568 9515497 15792961 70285568 1451542 68834026 1803551 2116904 6041942 10207710 8552640 28722747 192242 157920 160161 127527 138540 776390 2054733 3469313 3526944 4810766 4776448 18638204 118422909 1513105852 0.58130 0.61430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 4264 4264 0 PART II-B, LINE 1: LOBBYING EXPENSE THE UNIVERSITY IS A MEMBER OF THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU), THE COMMISSION ON INDEPENDENT COLLEGES & UNIVERSITIES (CICU), AMERICAN COUNCIL ON EDUCATION (ACE) AND AMERICAN PHYSICAL THERAPY ASSOCIATION (APTA). THESE ORGANIZATIONS PROMOTE THE NEEDS OF HIGHER EDUCATION AND PROVIDES INFORMATION TO THE INDUSTRY. THEY PROVIDE AN ALLOCATION OF THE ANNUAL DUES TO LOBBYING EFFORTS UPON REQUEST AND SUCH AMOUNTS HAVE BEEN DISCLOSED. 7991106 X X X 0 0 468284843 2892482 50454508 2105464 1673350 517853019 412133111 2421295 56760435 2066775 963223 468284843 378024822 1566712 35146216 1921158 683481 412133111 416682438 2111025 -38414888 1616039 737714 378024822 312885533 2261959 103524213 1480555 508712 416682438 0.78600 0.21400 0 0 9207987 9207987 463014982 166733342 296281640 179951342 77458588 102492754 93101784 79811212 13290572 22127611 3364093 18763518 440036471 DIRECT FOREIGN INVESTMENTS 272378411 F OTHER ALTERNATIVE INVESTMENTS 229960939 F 502339350 ACCRUED POST RETIREMENT-BENEFITS 6585024 OPERATING LEASE LIABILITIES 2338648 US GOV'T GRANT REFUNDABLE 1425173 CAPITAL LEASE OBLIGATIONS 101899 10450744 X 247162702 25472981 -54818080 -29345099 276507801 2657054 118223086 120880140 397387941 244511219 436045 436045 244075174 2657054 118223086 120880140 364955314 PART III, LINE 4: COLLECTION OF ARTWORKS THE UNIVERSITY HOLDS A CULTURALLY AND HISTORICALLY DIVERSE COLLECTION OF ARTWORK, BOOKS, SCULPTURES, ARCHIVES, FILM REELS AND VARIOUS MEDIA THAT SERVE PRIMARILY AS LEARNING AND RESEARCH RESOURCES FOR FACULTY AND STUDENTS. PART V, LINE 4: ENDOWMENT FUNDS ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR SCHOLARSHIPS AND TO SUPPORT PROGRAMS OF THE UNIVERSITY. PART X, LINE 2: FIN 48 DISCLOSURE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION ARE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS ONLY IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE POSITION MAY BE CHALLENGED. THE UNIVERSITY IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSES, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. PART XI, LINE 2D - OTHER ADJUSTMENTS: DISPOSAL OF FIXED ASSETS -205,422. MC REAL PROPERTY RENTAL INCOME -349,095. ENDOWMENT RESOURCES DESIGNATED FOR CURRENT OPERATIONS 5,560,341. REALIZED/UNREALIZED LOSS -59,823,904. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 118,223,086. PART XII, LINE 2D - OTHER ADJUSTMENTS: MRPS DEPRECIATION 436,045. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 118,223,086. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE (MARIST.EDU) TO MAKE THE POLICY KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY IT SERVES. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FINANCIAL AID AND OTHER GRANTS FROM FEDERAL AND STATE AGENCIES. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 8 PROGRAM SERVICES ADMIN & EDUCATION 13554473 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 262674285 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 9704126 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES EDUCATIONAL 25278 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES EDUCATIONAL 1248628 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 1 PROGRAM SERVICES ADMIN & EDUCATION 51300 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES EDUCATIONAL 38276 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES EDUCATIONAL 31349 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 6 PROGRAM SERVICES ADMIN & EDUCATION 27000 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES EDUCATIONAL 43085 1 9 0 6 1 15 287327715 70085 287397800 1 0 1 1 1 0 SCHEDULE F, PART IV MARIST UNIVERSITY INVESTS IN DOMESTIC AND FOREIGN LIMITED PARTNERSHIPS THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, THE UNIVERSITY'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, 8621 OR 8865. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH THE UNIVERSITY'S FORM 990-T. X X X X X X X 1 EAB GLOBAL INCORPORATED PO BOX 603519 CHARLOTTE NC 28260 CONSULTANT 0 239114 128954 110160 COMMUNITY COUNS SVC CO LLC 527 MADISON AVE 5TH FL NEW YORK NY 10022 CONSULTS ON FUNDRAISING PROGRAM 0 0 482361 -482361 239114 611315 -372201 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY SOM GOLF 124228 32555 91673 5150 15660 36899 1776 ALUMNI GOLF 64823 17385 47438 5335 11400 16100 458 2 82249 14104 68145 8452 24375 8780 1771 271300 64044 207256 18937 51435 61779 4005 136156 71100 164240 13200 2943 1 1.00000 164240 13200 2943 16143 148097 NY 1 0 0 0 1.00000 ZACHARY HARKENRIDER 3399 NORTH ROAD POUGHKEEPSIE NY 12601 0 TIM MURRAY OVERSEES ALL ASPECTS OF GAMING ACTIVITIES X 0 1 FAIRVIEW FIRE DISTRICT 258 VIOLET AVENUE POUGHKEEPSIE NY 12601 146000328 501 (A) 250000 0 COMMUNITY ASSISTANCE 1 INSTITUTIONAL SCHOLARSHIP 5936 118223086 0 PART I, LINE 2: ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE UNIVERSITY PROVIDES SCHOLARSHIPS AND FINANCIAL AIDS TO STUDENTS BASED ON NEED AND ACADEMIC PERFORMANCE. THE FUNDS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT. RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIVERSITY'S POLICIES. THE UNIVERSITY'S FINANCIAL AID OFFICE ADHERES STRICTLY TO ALL FEDERAL AND STATE REGULATIONS AND IS SUBJECT TO THE COMPLIANCE AND INTERNAL CONTROLS REPORTS AS REQUIRED BY TITLE 2 U.S. CODE OF FEDERAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS AND GOVERNMENT AUDITING STANDARDS AND RELATED INFORMATION (FORMERLY OMB A-133). PART II, LINE 1D: MARIST UNIVERSITY VOLUNTARILY CONTRIBUTES TO THE FAIRVIEW FIRE DISTRICT'S ANNUAL FUNDRAISING CAMPAIGNS AND CONTRIBUTES FUNDS FOR CAPITAL IMPROVEMENTS. X X X 1 1 X X X X X 0 1 0 0 0 0 0 1 1 0 KEVIN WEINMAN PRESIDENT 856681 0 127500 0 301908 0 25875 0 76797 0 1388761 0 156450 0 GEOFFREY L BRACKETT EXEC. VP FOR OPS & COMM. RELATIONS 453674 0 0 0 9682 0 36225 0 42474 0 542055 0 0 0 JOHN DUNNE HEAD COACH, MEN'S BASKETBALL 383292 0 15000 0 6722 0 34983 0 13683 0 453680 0 0 0 SEAN P KAYLOR VP OF ADMISSIONS & ENROLLMENT 326142 0 12500 0 15289 0 39865 0 41474 0 435270 0 0 0 ELIZABETH VEASEY VP OF BUSINESS AFFAIRS/CFO 334244 0 12500 0 450 0 35731 0 41350 0 424275 0 0 0 LEE MIRINGOFF DIRECTOR OF MIPO 335172 0 5000 0 14444 0 40474 0 27971 0 423061 0 0 0 DARYL RICHARD VP FOR COMM. & MKTG. 342796 0 0 0 7450 0 25730 0 41474 0 417450 0 0 0 DENNIS J MURRAY - PROFESSOR OF PUBLIC AFFAIRS/FORMER PRESIDENT 294020 0 0 0 45336 0 35830 0 28449 0 403635 0 0 0 MICHAEL CAPUTO VP OF INFORMATION TECHNOLOGY/CIO 330359 0 7500 0 1290 0 25085 0 28337 0 392571 0 0 0 CATHERINE KODAT PROVOST & DEAN OF FACULTY 347513 0 12500 0 3810 0 25875 0 789 0 390487 0 0 0 CHRISTOPHER DELGIORNO VP OF COLLEGE ADVANCEMENT 280855 0 0 0 5739 0 29921 0 28300 0 344815 0 0 0 ALICIA SLATER - DEAN SCHOOL OF SCIENCE & SENIOR ASSOCIATE PROVOST 252833 0 5000 0 491 0 23921 0 42039 0 324284 0 0 0 WILLIAM LAMB DEAN, SCHOOL OF MANAGEMENT 250067 0 5000 0 1635 0 19210 0 41362 0 317274 0 0 0 EMILY SALAND - VP OF STRATEGIC INITIATIVES & INT CHIEF OF STAFF 219181 0 12500 0 211 0 23651 0 41282 0 296825 0 0 0 THOMAS WERMUTH-DR FRANK BUMPUS CHAIR/FRMR VP OF ACADEMIC AFFAIRS 240431 0 0 0 1473 0 29082 0 13518 0 284504 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS TRAVEL FOR COMPANION(S) IS VERY LIMITED AND ALWAYS INCLUDES A CLEAR BUSINESS PURPOSE FOR THE COMPANION(S) AND MUST BE PRE-APPROVED BY THE PRESIDENT. PRESIDENT'S COMPANION(S) IS APPROVED BY THE CHAIR OF BOARD OF TRUSTEES. ALL TRAVEL BENEFITS PROVIDED WERE DETERMINED TO BE FOR A BUSINESS PURPOSE AND THEREFORE NOT INCLUDED IN TAXES AND WAGES. PART I, QUESTION 1A: HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT OF THE UNIVERSITY IS PROVIDED WITH HOUSING IN CLOSE PROXIMITY TO THE CAMPUS IN ORDER FOR THEM TO ATTEND TO EMERGENT SITUATIONS ON A 24/7 BASIS. THE HOUSING IS PROVIDED AS A CONDITION OF EMPLOYMENT, IS USED FOR UNIVERSITY BUSINESS AND ENTERTAINMENT PURPOSES AND AS A CONVENIENCE OF THE UNIVERSITY TO ENABLE THEM TO PERFORM THEIR DUTIES. FOR THE PRESIDENT, THE NON-TAXABLE BENEFIT VALUE OF THE RESIDENCE IS SHOWN IN COLUMN D ON SCHEDULE J. THE AMOUNT IS BASED ON THE VALUE OF THE PROPERTY. THE PROFESSOR OF PUBLIC AFFAIRS/FORMER PRESIDENT IS PROVIDED WITH HOUSING AS PER THE TERMS OF THE EMPLOYMENT ARRANGEMENT. THE VALUE IS CONSIDERED TAXABLE WAGES AND IS REPORTED IN COLUMN B(III) ON SCHEDULE J. PART I, QUESTION 1A: HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES THE UNIVERSITY PAYS CLUB MEMBERSHIP FEES FOR FOUR EXECUTIVES, WHICH ARE INTENDED TO BE USED EXCLUSIVELY FOR THE UNIVERSITY'S BUSINESS ENTERTAINMENT OR COLLEGE SPONSORED EVENTS. TO THE EXTENT THERE IS ANY PERSONAL USE OF THESE PRIVILEGES, THE INDIVIDUAL EXECUTIVES ARE TAXED OR REIMBURSE THE UNIVERSITY ON THE VALUE OF THE PERSONAL USE. PART I, LINE 3: THE EXECUTIVE COMMITTEE RECOMMENDS THE PRESIDENT'S COMPENSATION, WHICH IS APPROVED BY THE FULL BOARD OF TRUSTEES IN EXECUTIVE SESSION. THE RECOMMENDATION IS BASED ON THE OUTCOME OF THE PRESIDENT'S EVALUATION (WITH AN EMPHASIS ON PERFORMANCE), ADVICE FROM OUTSIDE COMPENSATION CONSULTANTS, AND A REVIEW OF RECENT DATA FROM THE UNIVERSITY AND UNIVERSITY PROFESSIONAL ASSOCIATION'S (CUPA) ADMINISTRATIVE COMPENSATION SURVEY. THE EXECUTIVE COMMITTEE ALSO DISCUSSES THE COMPENSATION OF OTHER LEADING COLLEGE AND UNIVERSITY PRESIDENTS, COMPARABLE NON-PROFIT EXECUTIVES, AND EXECUTIVES IN THE PRIVATE SECTOR. ON AN ANNUAL BASIS, THE UNIVERSITY'S EXECUTIVES CUPA COMPARATIVE DATA IS REVIEWED BY THE PRESIDENT. PART I, LINE 4B PART I, LINE 4B: SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN THE UNIVERSITY HAS IN PLACE A NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR THE CURRENT PRESIDENT. THIS DEFERRED COMPENSATION WAS PAID OUT TO THE PRESIDENT IN CALENDAR YEAR 2024 AND IS INCLUDED IN COLUMN B(III). ANNUAL ACCRUALS FOR THESE BENEFITS HAVE BEEN REPORTED DESPITE BEING SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE AND CONTINGENT UPON THE INDIVIDUALS'S CONTINUED EMPLOYMENT AT THE UNIVERSITY. THE VALUE OF THE ACCRUAL FOR THE PRESIDENT FOR CALENDAR YEAR 2024 IS INCLUDED IN THE DEFERRED COMPENSATION COLUMN (COLUMN C) OF SCHEDULE J. PART I, LINE 7 NON-FIXED PAYMENTS ANNUALLY, PAY AWARDS WERE GIVEN IN RECOGNITION OF EMPLOYEES' CONTRIBUTIONS TO THE OVERALL SUCCESS OF THE UNIVERSITY. ANY VARIABLE PAY AWARDS IN FUTURE YEARS WILL BE CONTINGENT ON INDIVIDUAL PERFORMANCE AND THE CONTINUED SUCCESS OF THE UNIVERSITY. PART I, LINE 8 FIXED PAYMENTS ASSOCIATED WITH THE CONTRACT ENTERED INTO WITH THE PRESIDENT ARE SUBJECT TO THE INITIAL CONTRACT EXCEPTION. THE TERMS OF THE CONTRACT WERE NEGOTIATED AT AN ARM'S LENGTH AND THE PRESIDENT WAS NOT A DISQUALIFIED PERSON IMMEDIATELY PRIOR TO ENTERING INTO THE INITIAL CONTRACT. A DUTCHESS COUNTY IDA 141613685 267041GN5 2008-01-25 20000000 STUDENT HOUSING (30 FULTON), PARKING LOT, ROADWAY 0 0 0 B DUTCHESS COUNTY LDC 273106797 267045LM2 2018-10-04 40537062 STEEL PLANT STUDIOS, MCCANN ATHLETIC CENTER 0 0 0 C DUTCHESS COUNTY LDC 273106797 267045QW5 2022-05-10 59791579 DYSON CENTER 0 0 0 D DUTCHESS COUNTY LDC 273106797 267045RT1 2023-05-11 34989694 REFUNDING OF 2013A, 2013B1-3, AND 2016 BONDS 0 0 0 A 8055000 20000000 301630 81184 19414060 203126 2009 0 0 1 1 B 2025000 40537062 537062 40000000 2019 0 0 1 1 C 59791579 566585 58812599 412395 2024 0 0 1 1 D 2990000 34989694 670299 34319395 2006 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 1 1 0 0 0 1 C 0 0 1 1 0 0 0 1 D 0 0 1 1 0 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 PART II, LINE 10, COLUMNS A & B AMOUNTS LISTED INCLUDE CAPITALIZED DELIVERY DATE EXPENSES NOT SUBJECT TO THE 2 PERCENT LIMITATION IN SECTION 147(G) OF THE CODE. PART II, LINE 7, STUDENT CENTER ADDITION/RENOVATION THE UNIVERSITY FINANCED A PORTION OF THE COSTS OF ISSUANCE WITH A POST-ISSUE DATE EQUITY CONTRIBUTION AND APPLIED THE ADDITIONAL PROCEEDS TO FINANCE PROJECT COSTS. THE POST-ISSUANCE EQUITY CONTRIBUTION CAUSED THE ACTUAL AMOUNT OF BOND-FINANCED ISSUANCE COSTS TO BE LESS THAN THE AMOUNT REPORTED ON THE FORM 8038. A DUTCHESS COUNTY LDC 273106797 267045SU7 2025-06-03 68610649 REFUNDING OF 2015A 0 0 0 A 68610649 885083 67725566 2016 1 0 1 1 A 0 0 1 1 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 92250 APPRAISAL X 18 106534 AVG PRICE X OFFICE FURNITURE (CHAIRS, TABLES, ETC) 26 23480 FMV X BUTTONS 100 850 FMV X GARMENT BAGS 72 382 COST 1 0 1 0 EXPLANATION OF NONCASH CONTRIBUTIONS MARIST UNIVERSITY REPORTS THE NUMBER OF CONTRIBUTIONS RECEIVED IN COLUMN B, NOT THE NUMBER OF ITEMS. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S REVIEW PROCESS OF FORM 990 THE ORGANIZATION'S FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE BY THE INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT AND COMPLIANCE OF CONFLICTS OF INTEREST POLICY AS AN ON-GOING PRACTICE AND AS REQUIRED BY OUR CODE OF ETHICS, ALL TRUSTEES ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS IN WHICH THEY ARE ASKED TO DISCUSS ANY BUSINESS RELATIONSHIPS THEY OR A MEMBER OF THEIR FAMILIES HAVE WITH THE UNIVERSITY. THE AUDIT COMMITTEE REVIEWS THESE STATEMENTS FOR COMPLIANCE ANNUALLY. OUR CODE OF ETHICS ALSO REQUIRES THAT ALL EXECUTIVES, DEANS AND SELECTED STAFF WITH FISCAL RESPONSIBILITIES FOR THE UNIVERSITY COMPLETE A CONFLICT OF INTEREST STATEMENT ANNUALLY. COMPLETED STATEMENTS THAT INDICATE A POTENTIAL CONFLICT OF INTEREST ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER, VICE PRESIDENT FOR HUMAN RESOURCES, AND THE EXECUTIVE VICE PRESIDENT. IF A CONFLICT EXISTS, APPROPRIATE ACTION IS TAKEN TO ENSURE FULL DISCLOSURE OR TERMINATION OF THE ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP MANAGEMENT OFFICIAL THE COMPENSATION AND RETIREMENT PROGRAM FOR THE PRESIDENT WAS BASED ON A COMPREHENSIVE ANALYSIS CONDUCTED BY AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTING FIRM. THE PRESIDENT'S CONTRACT WAS RECOMMENDED BY THE EXECUTIVE COMMITTEE OF THE BOARD (RESPONSIBLE FOR PRESIDENTIAL EVALUATION AND COMPENSATION), AND APPROVED BY THE FULL BOARD OF TRUSTEES. THE PRESIDENT'S PERFORMANCE IS REVIEWED ON AN ANNUAL BASIS BY THE EXECUTIVE COMMITTEE OF THE BOARD AND CHANGES IN COMPENSATION ARE RECOMMENDED TO THE FULL BOARD FOR APPROVAL. THE EXECUTIVE COMMITTEE OF THE BOARD BASES ITS RECOMMENDATIONS FOR ADJUSTMENTS ON PERFORMANCE AND A REVIEW OF APPROPRIATE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION (CUPA) DATA ON PRESIDENTIAL COMPENSATION AND THE PROCESS AND DECISION IS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES. COMPENSATION PROCESS FOR OFFICERS AND KEY EMPLOYEES SENIOR OFFICER COMPENSATION IS ESTABLISHED AFTER A REVIEW OF COMPENSATION DATA FROM CUPA AT PRIVATE INSTITUTIONS OF HIGHER EDUCATION BASED ON ANNUAL BUDGET SIZE AND ENROLLMENT. IN ADDITION TO SALARY COMPARABILITY AT OTHER INSTITUTIONS, PERFORMANCE AND YEARS OF SERVICE IN THE POSITION ARE ALSO FACTORS CONSIDERED BY THE PRESIDENT IN DETERMINING A SENIOR OFFICER'S ANNUAL SALARY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE THE UNIVERSITY'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE OFFICE OF THE CHIEF FINANCIAL OFFICER. THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AT MARIST.EDU. FORM 990, PART XI, LINE 9: GAIN ON BOND REFINANCING 5,235,217. NET MRPS FIXED ASSETS CHANGE 436,045. FASB 158 ADJUSTMENT 243,560. NET MC REAL PROPERTY PROFIT 152,562. PAYMENTS TO BENEFICIARIES -74,239. MC REAL PROPERTY RENTAL INCOME OR LOSS -349,095. MRPS DEPRECIATION -436,045. VAYU LLC 3399 NORTH ROAD POUGHKEEPSIE NY 12601 133727712 EDUCATIONAL NY 0 12939860 MARIST UNIVERSITY MC REAL PROPERTY HOLDINGS LLC 3399 NORTH ROAD POUGHKEEPSIE NY 12601 934830348 REAL ESTATE DE 349095 2920070 MARIST UNIVERSITY MARIST REAL PROPERTY SERVICES INC 3399 NORTH ROAD POUGHKEEPSIE NY 12601 141785087 REAL PROPERTY NY 501(C)(3) LINE 12A, I MARIST UNIV 1 MARIST REAL PROPERTY SVCS TWO INC 3399 NORTH ROAD POUGHKEEPSIE NY 12601 141825215 REAL PROPERTY NY MARIST UNI C 175000 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 IN DECEMBER 2023, THE UNIVERSITY ENTERED INTO AN OPERATING AGREEMENT WITH MC REAL PROPERTY HOLDINGS, LLC (THE "LLC"), A DELAWARE LIMITED LIABILITY COMPANY, FORMED IN SEPTEMBER 2023. THIS LLC IS WHOLLY OWNED BY THE UNIVERSITY AND IS TREATED AS A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES. ALL INCOME IS RENTAL INCOME AND NOT RELATED TO PERSONAL PROPERTY. THE PROPERTY IS NOT DEBT-FINANCED OR LEASED TO A CONTROLLED ENTITY. ALL REVENUE IS REPORTED ON PART VIII - STATEMENT OF REVENUE AS REVENUE EXCLUDED FROM TAX UNDER SECTIONS 512-514. THERE ARE CURRENTLY SEVEN TENANTS.