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SACRED HEART UNIVERSITY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
SACRED HEART UNIVERSITY (EIN 06-0776644)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-14
IRS object ID
202641349349301749
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-14T07:50:56+00:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN440160260PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Forvis Mazars LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1111 E Wayne Street Suite 600AddressLine1Txt
CityFort WayneCityNm
State AbbreviationINStateAbbreviationCd
ZIP46802ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN060776644EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SACRED HEART UNIVERSITY INCORPORATEDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSACRBusinessNameControlTxt
Phone2033968223PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15151 PARK AVENUEAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06825ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN PETILLOPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2033968223PhoneNum
Signature2026-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLauren DentonPreparerPersonNm
PTINP01571860PTIN
Phone2604604000PhoneNum
Preparation2026-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN PETILLOBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15151 PARK AVENUEAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06825ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$631,866,071GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SACREDHEART.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1963FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionTHE UNIVERSITY IS A CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING OFFERING UNDERGRADUATE, GRADUATE AND DOCTORAL DEGREES, AS WELL AS CONTINUING EDUCATION IN A VARIETY OF DISCIPLINES, WITH A COMMITMENT TO LEADERSHIP IN CATHOLIC HIGHER EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body22VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee5843TotalEmployeeCnt
Total Volunteers150TotalVolunteersCnt
Total Gross UBI$9,081,133TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$19,690,924PYContributionsGrantsAmt
CY Contributions Grants$26,145,619CYContributionsGrantsAmt
PY Program Service Revenue$501,559,365PYProgramServiceRevenueAmt
CY Program Service Revenue$523,394,788CYProgramServiceRevenueAmt
PY Investment Income$18,918,100PYInvestmentIncomeAmt
CY Investment Income$26,034,627CYInvestmentIncomeAmt
PY Other Revenue-$198,203PYOtherRevenueAmt
CY Other Revenue$103,661CYOtherRevenueAmt
PY Total Revenue$539,970,186PYTotalRevenueAmt
CY Total Revenue$575,678,695CYTotalRevenueAmt
PY Grants And Similar Paid$136,434,867PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$152,908,820CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$158,476,811PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$171,908,293CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$307,050PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$530,961CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,424,484CYTotalFundraisingExpenseAmt
PY Other Expenses$163,926,081PYOtherExpensesAmt
CY Other Expenses$178,796,183CYOtherExpensesAmt
PY Total Expenses$459,144,809PYTotalExpensesAmt
CY Total Expenses$504,144,257CYTotalExpensesAmt
PY Revenues Less Expenses$80,825,377PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$71,534,438CYRevenuesLessExpensesAmt
Total Assets BOY$1,450,684,018TotalAssetsBOYAmt
Total Assets EOY$1,533,570,955TotalAssetsEOYAmt
Total Liabilities BOY$571,042,177TotalLiabilitiesBOYAmt
Total Liabilities EOY$558,042,932TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$879,641,841NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$975,528,023NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionAT SACRED HEART UNIVERSITY, WE NOT ONLY PREPARE STUDENTS FOR THE FUTURE, BUT ALSO GIVE THEM A DEEPER APPRECIATION OF WHO THEY ARE AND ALL THEY CAN BE. THROUGH OUR DISTINCTIVE MISSION AND COMMITMENT TO LEADERSHIP IN CATHOLIC HIGHER EDUCATION, WE HELP STUDENTS HELP OTHERS. THE UNIVERSITY IS A CO-EDUCATION INSTITUTION OF HIGHER LEARNING OFFERING UNDERGRADUATE,GRADUATE AND DOCTORAL DEGREES, AS WELL AS CONTINUING EDUCATION IN A VARIETY OF DISCIPLINES, WITH A COMMITMENT TO LEADERSHIP IN CATHOLIC HIGHER EDUCATION.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$152,774,359ExpenseAmt
Grant$152,774,359GrantAmt
DescSACRED HEART UNIVERSITY'S STUDENT FINANCIAL ASSISTANCE OFFICE IS DEDICATED TO HELPING STUDENTS AND THEIR FAMILIES FIN THE MOST AFFORDABLE OPTIONS FOR ATTENDING COLLEGE. FULL-TIME UNDERGRADUATE STUDENTS CAN ACCESS TWO MAIN TYPES OF FINANCIAL ASSISTANCE: (1) TRADITIONAL MERIT OR NEED-BASED AID, AND (2) A VARIETY OF OTHER RESOURCES AVAILABLE TO ALL FAMILIES, REGARDLESS OF ELIGIBILITY FOR TRADITIONAL AID. PART-TIME UNDERGRADUATE AND GRADUATE STUDENTS MAY ALSO QUALIFY FOR SEVERAL FINANCIAL ASSISTANCE OPTIONS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$142,900,477ExpenseAmt
Revenue$430,541,854RevenueAmt
DescSACRED HEART CONTINUES TO OFFER A BROAD ARRAY OF UNDERGRADUATE AND GRADUATE PROGRAMS REGARDLESS OF WHICH UNDERGRADUATE OR GRADUATE PROGRAM IS CHOSEN, OUR FOCUS ON ACADEMIC OPPORTUNITIES - ROOTED IN THE CATHOLIC INTELLECTUAL TRADITION AND THE PRINCIPLES OF ENGAGED LEARNING-PROVIDES EACH STUDENT WITH A RICH, PERSONALIZED EDUCATIONAL EXPERIENCE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$73,443,900ExpenseAmt
Revenue$5,181,912RevenueAmt
DescSACRED HEART UNIVERSITY IS COMMITTED TO MEETING THE NEEDS OF ITS STUDENT BODY BY OFFERING A WIDE RANGE OF SERVICES THAT SUPPORT STUDENT SUCCESS AND ENHANCE THE OVERALL STUDENT EXPERIENCE. THROUGH ACADEMIC ADVISING, CAREER SERVICES, THE STUDENT SUCCESS CENTER, THE OFFICE OF ACCESSIBILITY, THE MAUREEN HAMILTON WELLNESS CENTER, AND STUDENT LIFE PROGRAMS, THE UNIVERSITY PROVIDES RESOURCES ALIGNED WITH ITS MISSION. THE UNIVERSITY ALSO PROMOTES ACTIVE LEARNING BEYOND THE CLASSROOM THROUGH ATHLETICS, FRATERNITY AND SORORITY LIFE, PERFORMING ARTS, AND LEADERSHIP OPPORTUNITIES THAT HELP STUDENTS GROW, BUILD CONFIDENCE, AND DEVELOP LEADERSHIP SKILLS. TOGETHER, THESE EFFORTS SUPPORT A HOLISTIC STUDENT EXPERIENCE AND PREPARE STUDENTS TO SUCCEED DURING THEIR TIME AT THE UNIVERSITY AND BEYOND.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$77,468,538ExpenseAmt
Revenue$87,671,022RevenueAmt
DescAUXILIARY ENTERPRISES AND OTHER MISCELLANEOUS SERVICES USED TO SUPPORT THE PURPOSE AND MISSION OF SACRED HEART UNIVERSITY.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$77,468,538TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$87,671,022TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$446,587,274TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesYes (true)GamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsYes (true)InvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document13661IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee5843EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryEIForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members22GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersYes (true)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Written Policy Or ProcedurefalseWrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PETER WARDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2033968223PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15151 PARK AVENUEAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06825ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
GARY LEVIN
VICE CHARIMAN1.0Yes (X)Yes (X)$0$0$0
JOHN J PETILLO PHD
PRESIDENT35.0Yes (X)Yes (X)$1,394,216$0$130,065
JOHN VAZQUEZ
CHAIRMAN1.0Yes (X)Yes (X)$0$0$0
KEITH MCCULLOUGH
TRUSTEE1.0Yes (X)Yes (X)$0$0$0
PAMELA MILLER ESQ
SECRETARY1.0Yes (X)Yes (X)$0$0$0
CHRISTOPHER K MCLEOD
TRUSTEE1.0Yes (X)$0$0$0
CORY J ROBINSON
TRUSTEE1.0Yes (X)$0$0$0
DOMINICK FERRO
TRUSTEE1.0Yes (X)$0$0$0
DOUGLAS KENNEDY
TRUSTEE1.0Yes (X)$0$0$0
ERIC A WOOD EDD
TRUSTEE1.0Yes (X)$0$0$0
FRANK R MARTIRE
TRUSTEE1.0Yes (X)$0$0$0
JAMES T MORLEY JR
TRUSTEE1.0Yes (X)$0$0$0
JOHN COFINI
TRUSTEE1.0Yes (X)$0$0$0
KATHLEEN BOOZANG
TRUSTEE1.0Yes (X)$0$0$0
KENNETH S SIEGEL ESQ
TRUSTEE1.0Yes (X)$0$0$0
LINDA MCMAHON
TRUSTEE (END 03/25)1.0Yes (X)$0$0$0
MARY-ANN BUNTING
TRUSTEE1.0Yes (X)$0$0$0
MORGAN FORD
TRUSTEE1.0Yes (X)$0$0$0
NICHOLAS PATINO
TRUSTEE1.0Yes (X)$0$0$0
PATRICK CAROLAN MD
TRUSTEE1.0Yes (X)$0$0$0
PAULINE SPINELLI
TRUSTEE1.0Yes (X)$0$0$0
SUSAN DAVIS RN EDD FACHE
TRUSTEE (End 12/24)1.0Yes (X)$0$0$0
THOMAS SCRIVO
TRUSTEE1.0Yes (X)$0$0$0
WILLIAM MITCHELL
TRUSTEE1.0Yes (X)$0$0$0
MICHAEL LAROBINA ESQ
GENERAL COUNSEL35.0Yes (X)$347,746$0$48,063
PETER WARD
SR VICE PRESIDENT FOR FINANCE35.0Yes (X)$484,714$0$72,035
ROBIN CAUTIN
PROVOST35.0Yes (X)$487,965$0$83,794
DEANNA FIORENTINO
VP FOR ENROLLMENT MANAGEMENT35.0$278,424$0$41,105Yes (X)
MICHAEL IANNAZZI
SR VICE PRESIDENT FOR ADMINISTRATION35.0$366,942$0$41,092Yes (X)
MIGUEL MARTINEZ-SAENZ
SR VP FOR STUDENT ENGAGEMENT35.0$367,269$0$76,579Yes (X)
ROBERT HARDY
VICE PRESIDENT OF HUMAN RESOURCES35.0$277,645$0$30,872Yes (X)
DAVID TAYLOR
DEAN35.0$339,095$0$39,817Yes (X)
KAREN DALEY
DEAN35.0$451,724$0$47,174Yes (X)
MARC IZZO
VP OF CONSTRUCTION & FACILITIES35.0$308,932$0$35,810Yes (X)
MICHAEL ALFANO
Vice President for Strategic Initiatives35.0$313,879$0$66,928Yes (X)
PAUL SUTERA
SR VP FOR UNIVERSITY ADVANCEMENT35.0$385,142$0$30,702Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$5,803,693TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$744,036TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K372IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtAddress Line2ContractorAddress/USAddress/AddressLine2TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Compass Group Inc (Chartwell's Higher Education)
BoAPO Box 91337ChicagoIL606931853Food services for Meal Plans and University functions$22,958,749
Consigli Construction Co Inc
72 Sumner StreetMilfordMA01757Construction Services$15,424,696
Southeast Service Corporation
2400 Yorkmont RoadCharlotteNC28217Janitorial Services$6,977,240
DATTCO Inc
583 South StreetNew BritianCT06051Transportation Services$3,477,417
Risepoint LLC
2803 Philadelphia PikeStreetClaymontDE19703Education Technology Services$2,966,400
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K118CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$1,846,850FundraisingAmt
Related Organizations$0RelatedOrganizationsAmt
Government Grants$8,707,800GovernmentGrantsAmt
All Other Contributions$15,590,969AllOtherContributionsAmt
Noncash Contributions$105,377NoncashContributionsAmt
Total Contributions$26,145,619TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION AND FEES611310$430,541,854$430,541,854
AUXILIARY ACTIVITIES611310$82,072,027$73,670,790$8,401,237
OTHER INCOME900099$7,729,983$7,050,087$679,896
PITT CENTER&ATHLETICS611620$3,050,924$3,050,924

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$523,394,788TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,685,000TotalRevenueColumnAmt
Exclusion$20,685,000ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$339,533RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$163,055RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$176,478RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$176,478TotalRevenueColumnAmt
Exclusion$176,478ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$60,721,780SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$55,372,153SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$5,349,627SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,349,627TotalRevenueColumnAmt
Exclusion$5,349,627ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$552,874FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$2,399,724ContriRptFundraisingEventAmt
Fundraising Direct Expenses$635,868FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$82,994TotalRevenueColumnAmt
Exclusion-$82,994ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$26,477GamingGrossIncomeAmt
Gaming Direct Expenses$16,300GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,177TotalRevenueColumnAmt
Exclusion$10,177ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$575,678,695TotalRevenueColumnAmt
Related Or Exempt Func Income$514,313,655RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$9,081,133UnrelatedBusinessRevenueAmt
Exclusion$26,138,288ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$134,461TotalAmt
Program Services$134,461ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$152,774,359TotalAmt
Program Services$152,774,359ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$4,405,306TotalAmt
Program Services$774,027ProgramServicesAmt
Management And General$3,631,279ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$129,960,841TotalAmt
Program Services$111,977,585ProgramServicesAmt
Management And General$15,579,946ManagementAndGeneralAmt
Fundraising$2,403,310FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$7,485,760TotalAmt
Program Services$6,387,258ProgramServicesAmt
Management And General$951,961ManagementAndGeneralAmt
Fundraising$146,541FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$21,042,231TotalAmt
Program Services$17,651,700ProgramServicesAmt
Management And General$3,051,527ManagementAndGeneralAmt
Fundraising$339,004FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$9,014,155TotalAmt
Program Services$7,619,796ProgramServicesAmt
Management And General$1,220,018ManagementAndGeneralAmt
Fundraising$174,341FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$377,133TotalAmt
Management And General$377,133ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$237,737TotalAmt
Program Services$38,411ProgramServicesAmt
Management And General$199,326ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$530,961TotalAmt
Fundraising$530,961FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$830,783TotalAmt
Management And General$830,783ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$38,423,464TotalAmt
Program Services$33,862,316ProgramServicesAmt
Management And General$4,548,990ManagementAndGeneralAmt
Fundraising$12,158FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,329,302TotalAmt
Program Services$554,692ProgramServicesAmt
Management And General$758,913ManagementAndGeneralAmt
Fundraising$15,697FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,362,474TotalAmt
Program Services$5,868,883ProgramServicesAmt
Management And General$2,088,409ManagementAndGeneralAmt
Fundraising$405,182FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,490,097TotalAmt
Program Services$2,668,692ProgramServicesAmt
Management And General$3,710,252ManagementAndGeneralAmt
Fundraising$111,153FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$16,676,858TotalAmt
Program Services$15,111,562ProgramServicesAmt
Management And General$1,435,892ManagementAndGeneralAmt
Fundraising$129,404FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,294,625TotalAmt
Program Services$12,478,260ProgramServicesAmt
Management And General$682,832ManagementAndGeneralAmt
Fundraising$133,533FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$623,267TotalAmt
Program Services$509,995ProgramServicesAmt
Management And General$106,859ManagementAndGeneralAmt
Fundraising$6,413FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$15,664,108TotalAmt
Program Services$14,493,542ProgramServicesAmt
Management And General$1,170,566ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$28,774,281TotalAmt
Program Services$25,568,795ProgramServicesAmt
Management And General$3,205,486ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,296,807TotalAmt
Program Services$547,781ProgramServicesAmt
Management And General$2,749,026ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CONTRACT SERVICES$23,205,713$20,332,863$2,872,850
MINOR EQUIPMENT FURNITURE$8,558,289$6,120,437$2,436,691$1,161
REPAIRS AND MAINTENANCE$7,239,049$6,422,784$816,265
INDIRECT COSTS/AID IN EXCESS OF TUITION$3,057,141$3,104,878-$53,253$5,516

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,355,055TotalAmt
Program Services$1,583,797ProgramServicesAmt
Management And General$761,148ManagementAndGeneralAmt
Fundraising$10,110FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$504,144,257TotalAmt
Program Services$446,586,874ProgramServicesAmt
Management And General$53,132,899ManagementAndGeneralAmt
Fundraising$4,424,484FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$93,640,781BOYAmt
EOY$117,192,774EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,563,050BOYAmt
EOY$7,211,817EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,978,499BOYAmt
EOY$1,734,285EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,970,747BOYAmt
EOY$8,595,946EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,245,690,233LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$360,861,174LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$846,773,764BOYAmt
EOY$884,829,059EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$348,484,076BOYAmt
EOY$395,319,150EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$53,835,804BOYAmt
EOY$57,135,834EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$21,047,328BOYAmt
EOY$23,739,317EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$71,389,969BOYAmt
EOY$37,812,773EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,450,684,018BOYAmt
EOY$1,533,570,955EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$59,174,876BOYAmt
EOY$49,415,541EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$61,694,817BOYAmt
EOY$66,834,398EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$415,062,550BOYAmt
EOY$401,563,318EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$35,109,934BOYAmt
EOY$40,229,675EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$571,042,177BOYAmt
EOY$558,042,932EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$815,610,537BOYAmt
EOY$904,784,736EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$64,031,304BOYAmt
EOY$70,743,287EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$879,641,841BOYAmt
EOY$975,528,023EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,450,684,018BOYAmt
EOY$1,533,570,955EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$71,534,438ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$25,110,762NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$759,018OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$24,155,650CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$38,218,815CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$23,827,436CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,989,495CurrentTaxYearMinus1YearAmt
Current Tax Year$26,145,619CurrentTaxYearAmt
Total$132,337,015TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$24,155,650CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$38,218,815CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$23,827,436CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,989,495CurrentTaxYearMinus1YearAmt
Current Tax Year$26,145,619CurrentTaxYearAmt
Total$132,337,015TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,974,116SubstantialContributorsTotAmt
Public Support Total170$130,362,899PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,867,270CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,250,622CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,805,863CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,261,600CurrentTaxYearMinus1YearAmt
Current Tax Year$21,024,533CurrentTaxYearAmt
Total$69,209,888TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$201,546,903TotalSupportAmt
Gross Receipts Rltd Activities$2,310,983,746GrossReceiptsRltdActivitiesAmt
Public Support CY1700.64681PublicSupportCY170Pct
Public Support PY1700.6836PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$0RevenuesIncludedAmt
Assets Included$1,690,671AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$316,873,105BeginningYearBalanceAmt
Contributions$14,449,189ContributionsAmt
Investment Earnings Or Losses$37,823,685InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$11,411,211OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$357,734,768EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$269,446,297BeginningYearBalanceAmt
Contributions$11,804,822ContributionsAmt
Investment Earnings Or Losses$36,769,605InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$1,147,619OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$316,873,105EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$240,059,029BeginningYearBalanceAmt
Contributions$10,533,330ContributionsAmt
Investment Earnings Or Losses$20,343,977InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$1,490,039OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$269,446,297EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$247,117,996BeginningYearBalanceAmt
Contributions$12,157,924ContributionsAmt
Investment Earnings Or Losses-$18,106,647InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$1,110,244OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$240,059,029EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$191,568,286BeginningYearBalanceAmt
Contributions$8,816,292ContributionsAmt
Investment Earnings Or Losses$47,746,818InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$1,013,400OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$247,117,996EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.8444BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.09PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.0656TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$83,696,187OtherCostOrOtherBasisAmt
Book Value$83,696,187BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$857,783,623OtherCostOrOtherBasisAmt
Depreciation$192,791,342DepreciationAmt
Book Value$664,992,281BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$108,677,469OtherCostOrOtherBasisAmt
Depreciation$58,556,727DepreciationAmt
Book Value$50,120,742BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$99,427,551OtherCostOrOtherBasisAmt
Depreciation$82,743,328DepreciationAmt
Book Value$16,684,223BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$96,105,403OtherCostOrOtherBasisAmt
Depreciation$26,769,777DepreciationAmt
Book Value$69,335,626BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$884,829,059TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
Federal Income Taxes
GOVERNMENT GRANTS REFUNDABLE - STUDENT LOANS$5,155
LEASE LIABILITY$24,289,520
TAXABLE BONDS$10,935,000
NOTE PAYABLE$5,000,000
FieldValueIRS element (for citing)
Total Liability$40,229,675TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$447,075,590TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$25,110,762NetUnrealizedGainsInvstAmt
Other Revenue$815,223OtherRevenueAmt
Revenue Not Reported$25,925,985RevenueNotReportedAmt
Revenue Subtotal$421,149,605RevenueSubtotalAmt
Investment Expenses Not Incld$995,713InvestmentExpensesNotIncldAmt
Other Revenues Not Included$153,533,377OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$154,529,090RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$575,678,695TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$351,189,408TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$815,223OtherExpensesIncludedAmt
Expenses Not Reported$815,223ExpensesNotReportedAmt
Expenses Subtotal$350,374,185ExpensesSubtotalAmt
Investment Expenses Not Incld2$995,713InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$152,774,359OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$153,770,072ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$504,144,257TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part X, Line 2The University is exempt from federal income taxes under Section 501(a), as an organization described in Section 501(c)(3) of the Internal Revenue Code, as amended. Accordingly, it is not subject to income taxes except to the extent it has taxable income from activities that are unrelated to its exempt purpose. The University recognizes the effect of income tax positions only if those positions are likely to be sustained. No provision for income taxes was required for fiscal year 2025 or 2024.
Schedule D, Part III, Line 4 Collections of art - description of collectionsWORKS OF ART ARE CONTRIBUTED TO THE UNIVERSITY FROM VARIOUS DONORS OR PURCHASED FOR PUBLIC EXHIBITION. THE SCHOOL DISPLAYS THEM IN VARIOUS LOCATIONS ACROSS THE UNIVERSITY FOR PUBLIC VIEWING.
Schedule D, Part V, Line 4 Intended uses of endowment fundsTHE UNIVERSITY USES THE FUNDS FOR STUDENT SCHOLARSHIPS, TO PROVIDE EDUCATIONAL AND SUPPORT SERVICES, AND TO MAINTAIN AND EXPAND THE UNIVERSITY CAPITAL INFRASTRUCTURE IN ORDER TO SUSTAIN THE UNIVERSITY'S FINANCIAL STABILITY.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteMANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990Rental Expenses - 163055 Fundraising Expenses - 635868 Gaming Expenses - 16300
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statementsStudent Aid - XXX-XX-XXXX Resident Hall Aux - 3662518 CHANGE IN VALUE OF INTEREST RATE SWAPS - 759018
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990Rental Expenses - 163055 Fundraising Expenses - 635868 Gaming Expenses - 16300
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statementsStudent Aid Reclass - XXX-XX-XXXX Resident Hall Aux - 3662518

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYSACRED HEART UNIVERSITY'S POLICY WHICH PROHIBITS DISCRIMINATION AGAINST PERSONS BECAUSE OF RACE, GENDER, SEXUAL ORIENTATION, PREGNANCY, COLOR, MARITAL STATUS, VETERAN STATUS, RELIGION, AGE, DISABILITY, HANDICAP, NATIONAL ORIGIN OR ANCESTRY IN ITS EMPLOYMENT POLICIES AND ITS EDUCATION AND ADMISSIONS PROGRAMS IS AVAILABLE ONLINE, IN ITS ACADEMIC CATALOG, AND WITHIN ITS STUDENT HANDBOOK.
Schedule E, Part I, Line 6(a) FINANICAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCYSACRED HEART UNIVERSITY RECEIVES FUNDS FROM THE US DEPARTMENT OF EDUCATION. THE PROGRAM FUNDS THAT THE UNIVERSITY ADMINISTERS ARE FEDERAL PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (FSEOG) AND FEDERAL WORK-STUDY (FWS), WHICH ARE TITLE IV STUDENT AID PROGRAMS. THE UNIVERSITY ALSO RECEIVES FUNDS AND PROCESSES ACCORDING TO THE CRITERIA OF STATE GOVERNMENT AGENCIES. PRIMARY FUNDING IS FROM THE STATE OF CONNECTICUT OFFICE OF HIGHER EDUCATION. OTHER STATES THAT PROVIDE ASSISTANCE TO STATE RESIDENTS ATTENDING AN OUT OF STATE INSTITUTION ARE PROCESSED AS WE RECEIVE NOTIFICATION OF ENROLLED ELIGIBLE STUDENTS.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
Central America and the Caribbean00Investments$34,918,534
Europe (Including Iceland and Greenland)00Investments$17,073,033
Europe (Including Iceland and Greenland)119Program Services$3,445,988Educational
Central America and the Caribbean00Program Services,Mission Related Trips$54,341Educational
East Asia and the Pacific00Program Services$54,186Educational
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees19SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee19TotalEmployeeCnt
Subtotal Spent$55,546,082SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$55,546,082TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesYes (true)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsFormAndLineReferenceDesc
ExplanationCENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-AccrualExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
Stelter Company
10435 New York AveDes MoinesIA50322Fundraising Consultingfalse$12,715-$12,715
LKA Fundraising
4800 S Macadam Ave Suite 135East LansingMI97239Fundraising Consultingfalse$51,923-$51,923
McAllister & Quinn LLC
1625 Eye St NW Suite 750WashingtonDC20006Fundraising Consultingfalse$169,200-$169,200
Premier Sports Advisors LLC
76 Szost DriveFairfieldCT06824Fundraising Consultingfalse$57,910-$57,910
Main Spring Media Communication
PO Box 825ArmonkNY10504Fundraising Consultingfalse$53,915-$53,915
Falcon Fundraising Inc
1690 Watertower Place Suite 400AEast LansingMI48823Fundraising Consultingfalse$6,655-$6,655
Graham Pelton
39 Beechwood RdSummitNJ07901Fundraising Consultingfalse$150,000-$150,000
EAB Global Inc
PO Box 603519CharlotteNC28260Fundraising Consultingfalse$28,643-$28,643
FieldValueIRS element (for citing)
Total Gross Receipts$0TotalGrossReceiptsAmt
Total Retained By Contractors$530,961TotalRetainedByContractorsAmt
Total Net To Organization-$530,961TotalNetToOrganizationAmt
Licensed StatesCALicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesINLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesORLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1HORIZONS FALL EVENTEvent1Nm
Gross Receipts Event1$758,492GrossReceiptsEvent1Amt
Charitable Contri Event1$661,717CharitableContriEvent1Amt
Gross Revenue Event1$96,775GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$6,000NonCashPrizesEvent1Amt
Rent Facility Costs Event1$0RentFacilityCostsEvent1Amt
Food And Beverage Event1$29,622FoodAndBeverageEvent1Amt
Entertainment Event1$0EntertainmentEvent1Amt
Other Direct Expenses Event1$56,460OtherDirectExpensesEvent1Amt
Event2SHU INVITATIONALEvent2Nm
Gross Receipts Event2$497,500GrossReceiptsEvent2Amt
Charitable Contri Event2$344,788CharitableContriEvent2Amt
Gross Revenue Event2$152,712GrossRevenueEvent2Amt
Cash Prizes Event2$0CashPrizesEvent2Amt
Non Cash Prizes Event2$28,186NonCashPrizesEvent2Amt
Rent Facility Costs Event2$0RentFacilityCostsEvent2Amt
Food And Beverage Event2$25,292FoodAndBeverageEvent2Amt
Entertainment Event2$4,875EntertainmentEvent2Amt
Other Direct Expenses Event2$84,000OtherDirectExpensesEvent2Amt
Other Events Total8OtherEventsTotalCnt
Gross Receipts Other Events$1,143,732GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$840,345CharitableContriOtherEventsAmt
Gross Revenue Other Events$303,387GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$42,247NonCashPrizesOtherEventsAmt
Food And Beverage Other Events$178,317FoodAndBeverageOtherEventsAmt
Entertainment Other Events$8,600EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$172,269OthDirectExpnssOtherEventsAmt
Gross Receipts Total$2,399,724GrossReceiptsTotalAmt
Charitable Contributions Tot$1,846,850CharitableContributionsTotAmt
Gross Revenue Total Events$552,874GrossRevenueTotalEventsAmt
Cash Prizes Total Events$0CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$76,433NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$0RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$233,231FoodAndBeverageTotalEventsAmt
Entertainment Total Events$13,475EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$312,729OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$635,868DirectExpenseSummaryEventsAmt
Net Income Summary-$82,994NetIncomeSummaryAmt

Gaming Information GamingInformationGrp

FieldValueIRS element (for citing)
Volunteer Labor Bingo0VolunteerLaborBingoPct
Volunteer Labor Pull Tabs0VolunteerLaborPullTabsPct
Gross Revenue Other Gaming$26,477GrossRevenueOtherGamingAmt
Cash Prizes Other Gaming$15,000CashPrizesOtherGamingAmt
Non Cash Prizes Other Gaming$0NonCashPrizesOtherGamingAmt
Rent Fclty Costs Other Gaming$0RentFcltyCostsOtherGamingAmt
Oth Direct Expnss Other Gaming$1,300OthDirectExpnssOtherGamingAmt
Volunteer Labor Other GamingfalseVolunteerLaborOtherGamingInd
Volunteer Labor Other Gaming0VolunteerLaborOtherGamingPct
Gross Revenue Total Gaming$26,477GrossRevenueTotalGamingAmt
Cash Prizes Total Gaming$15,000CashPrizesTotalGamingAmt
Non Cash Prizes Total Gaming$0NonCashPrizesTotalGamingAmt
Rent Fclty Costs Total Gaming$0RentFcltyCostsTotalGamingAmt
Oth Direct Expnss Total Gaming$1,300OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming$16,300DirectExpenseSummaryGamingAmt
Net Gaming Income Summary$10,177NetGamingIncomeSummaryAmt
FieldValueIRS element (for citing)
States Where Gaming ConductedCTStatesWhereGamingConductedCd
LicensedYes (true)LicensedInd
License Suspended EtcfalseLicenseSuspendedEtcInd
Gaming With NonmembersfalseGamingWithNonmembersInd
Member Of Other EntityfalseMemberOfOtherEntityInd
Gaming Own Facility1.0GamingOwnFacilityPct
Gaming Other Facility0.0GamingOtherFacilityPct
Individual With BooksWhitney VittiIndividualWithBooksNm

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line15151 Park AvenueAddressLine1Txt
CityFarifieldCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06825ZIPCd
FieldValueIRS element (for citing)
Cntrct With3rd Prty For Game RevfalseCntrctWith3rdPrtyForGameRevInd

Gaming Manager Business Name GamingManagerBusinessName

FieldValueIRS element (for citing)
Business Name Line1Kim WardlowBusinessNameLine1Txt
FieldValueIRS element (for citing)
Gaming Manager Compensation$1,000GamingManagerCompensationAmt
Gaming Manager Services ProvCoordination of tuition raffle for Notre Dame Preparatory schoolGamingManagerServicesProvTxt
Gaming Manager Is EmployeeYes (X)GamingManagerIsEmployeeInd
Charitable Distribution RqrfalseCharitableDistributionRqrInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
Discovery Science Center & Planetarium
4450 Park AvenueBridgeportCT06604060740527501(c)(3)$100,000Management Support
Order of Malta
St Patricks Cathedral Parish HouseNew YorkNY10022237095245501(c)(3)$8,000Charitable Contribution and support for Lourdes Pilgrimage14 E 51st Street
Lifebridge Community Services
475 Clinton AveBridgeportCT06605060646974501(c)(3)$5,000Community Support
Fairfield Chamber of Commerce
200 Mill Plain RdFairfieldCT06824060619132501 (c)(6)$13,961Community Support
National Association of Student Personnel Administrators (NASPA)
111 K St NE FL10WashingtonDC20002521542164501(c)(3)$7,500Event Sponsorship
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
Academic Assistance & Scholarships5982$149,111,841
Auxiliary Assistance & Scholarships1157$3,662,518

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant fundsFormAndLineReferenceDesc
ExplanationTHE THREE AREAS OF FINANCIAL ASSISTANCE TO STUDENTS ARE LOANS, GRANTS AND EMPLOYMENT (WORK STUDY). THESE ARE GENERALLY AWARDED ON THE BASIS OF FINANCIAL NEED, DETERMINED BY AN ANALYSIS OF FAMILY INCOME AND ASSETS. SCHOLARSHIPS ARE ANOTHER SOURCE OF FINANCIAL ASSISTANCE. THEY ARE AWARDED ON THE BASIS OF ACADEMIC ACHIEVEMENT, EXCELLENCE IN ATHLETICS OR SPECIAL TALENTS, AND COMMUNITY SERVICE OR LEADERSHIP. CRITERIA FOR SOME MERIT BASED AWARDS ALSO INCLUDE A FINANCIAL NEEDS REQUIREMENT. CURRENTLY, THOSE STUDENTS WHO DEMONSTRATE THE GREATEST FINANCIAL NEED RECEIVE THE MOST FINANCIAL ASSISTANCE. THE UNIVERSITY MONITORS THE AMOUNTS ISSUED BY PERFORMING A COST OF ATTENDANCE CALCULATION. ONCE THE AMOUNT HAS BEEN DETERMINED FOR THE INDIVIDUAL, IT IS THEN DISBURSED TO THE STUDENT'S ACCOUNT AND IS CONTROLLED BY THE BURSAR'S OFFICE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (true)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgYes (true)CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JOHN J PETILLO PHD
PRESIDENT$739,593$0$629,594$0$25,029$0$30,464$0$99,601$0$1,524,281$0$0$0
ROBIN CAUTIN
PROVOST$367,340$0$118,041$0$2,584$0$37,043$0$46,751$0$571,759$0$0$0
PETER WARD
SR VICE PRESIDENT FOR FINANCE$331,851$0$149,250$0$3,613$0$39,540$0$32,495$0$556,749$0$0$0
MICHAEL LAROBINA ESQ
GENERAL COUNSEL$267,995$0$75,827$0$3,924$0$33,421$0$14,642$0$395,809$0$0$0
MIGUEL MARTINEZ-SAENZ
SR VP FOR STUDENT ENGAGEMENT$290,877$0$75,081$0$1,311$0$30,306$0$46,273$0$443,848$0$0$0
MICHAEL IANNAZZI
SR VICE PRESIDENT FOR ADMINISTRATION$275,594$0$80,102$0$11,246$0$27,600$0$13,492$0$408,034$0$0$0
DEANNA FIORENTINO
VP FOR ENROLLMENT MANAGEMENT$223,531$0$54,402$0$491$0$22,781$0$18,324$0$319,529$0$0$0
ROBERT HARDY
VICE PRESIDENT OF HUMAN RESOURCES$165,504$0$76,273$0$35,868$0$16,814$0$14,058$0$308,517$0$0$0
KAREN DALEY
DEAN$233,731$0$130,146$0$87,847$0$19,573$0$27,601$0$498,898$0$0$0
PAUL SUTERA
SR VP FOR UNIVERSITY ADVANCEMENT$328,286$0$55,094$0$1,762$0$30,702$0$0$0$415,844$0$0$0
DAVID TAYLOR
DEAN$258,460$0$78,313$0$2,322$0$26,325$0$13,492$0$378,912$0$0$0
MICHAEL ALFANO
Vice President for Strategic Initiatives$246,490$0$66,453$0$936$0$20,655$0$46,273$0$380,807$0$0$0
MARC IZZO
VP OF CONSTRUCTION & FACILITIES$216,748$0$90,200$0$1,984$0$22,168$0$13,642$0$344,742$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a Housing allowance or residence for personal useTHE UNIVERSITY PROVIDES ON CAMPUS HOUSING TO ITS PRESIDENT FOR THE CONVENIENCE OF THE UNIVERSITY. THE ESTIMATED RENT IS INCLUDED AS A NON-TAXABLE BENEFIT IN PART II, COLUMN D.
Schedule J, Part I, Line 5a Compensation contingent on revenues of the organizationBONUSES ARE PAID TO SENIOR STAFF MEMBERS BASED IN PART ON ACHIEVING BUDGETED REVENUE GOALS.
Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organizationBONUSES ARE PAID TO SENIOR STAFF MEMBERS BASED IN PART ON ACHIEVING THE TRANSFER TO THE TRUSTEE RESERVES. SENIOR STAFF MEMBERS HAVE PERFORMANCE MEASURES FOR MANAGING THE UNIVERSITY TO MAINTAIN A BALANCED BUDGET.
Schedule J, Part I, Line 7 Non-fixed paymentsTHERE ARE QUANTITATIVE MEASURES THAT ARE APPLIED IN DETERMINING BONUSES TO SENIOR STAFF MEMBERS. THE PRESIDENT AND THE BOARD HAVE DISCRETION TO ADJUST THE PAYMENTS FOR UNUSUAL CIRCUMSTANCES. IN ALL CASES, THESE PAYMENTS ARE REVIEWED WITH AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
SACRED HEART UNIVERSITY - SERIES I-1
A06077664420774Y2C02017-11-22$157,271,506SEE PART VIfalsefalsefalse
SACRED HEART UNIVERSITY - SERIES J-1
B0607766442017-11-22$53,465,000SEE PART VIfalsefalsefalse
SACRED HEART UNIVERSITY - SERIES K
C06077664420775DJT02020-09-22$150,439,692SEE PART VIfalsefalsefalse
SACRED HEART UNIVERSITY - SERIES L
D06077664420775DTR32022-04-19$112,608,678SEE PART VIfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$26,395,000$0$157,271,506$0$0$0$1,035,765$0$0$50,463,737$105,772,004$02019Yes (true)falseYes (true)Yes (true)
B$15,865,969$0$53,465,000$0$0$0$372,301$0$0$0$53,092,699$0Yes (true)falseYes (true)Yes (true)
C$11,200,000$0$150,439,692$0$0$0$992,749$0$0$149,446,943$0$02021falsefalseYes (true)Yes (true)
D$3,020,000$0$112,608,678$0$0$0$856,786$0$0$106,677,778$0$5,074,114falsefalsefalseYes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndChange In Use Bond Financed PropChangeInUseBondFinancedPropPctRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)falsefalse0.0050.00.005falsefalse0falseYes (true)
BfalsefalseYes (true)Yes (true)falsefalse0.00060.00.0006falsefalse0falseYes (true)
CfalsefalseYes (true)Yes (true)falsefalse0.00360.00.0036falsefalse0falseYes (true)
DfalsefalseYes (true)Yes (true)falsefalse0.00.00.0falsefalse0falseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndTerm Of GICTermOfGICPctRegulatory Safe Harbor StsfdRegulatorySafeHarborStsfdIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
(no name)
AfalsefalsefalseYes (true)falsefalse0falsefalsefalse0falsefalseYes (true)
M&T Bank
BfalsefalsefalseYes (true)Yes (true)Yes (true)19.6Yes (true)falsefalse0falsefalseYes (true)
(no name)
CfalseYes (true)falseYes (true)falsefalse0falsefalsefalse0falsefalseYes (true)
(no name)
DfalseYes (true)falseYes (true)falsefalse0falsefalsefalse0falseYes (true)Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)
DYes (true)

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part IV, Line 2cSeries I-1 Calculation was performed for the period 11/11/17 - 11/22/22, and resulted in a negative rebate liability.
Schedule K, Part IV, Line 2cSeries J-1 calculation was performed for the period 11/17/17 to 11/22/22, and resulted in a negative rebate liability.
Schedule K, Part IV, Line 2cSeries K calculation is due 9/22/25
Schedule K, Part IV, Line 2cSeries L Calculation will note be due until 4/19/27.
Schedule K, Part I, Column (f) Sacred Heart University - Series I-1Refunding and defeasance of Series H, Settle LOC, Construction
Schedule K, Part I, Column (f) Sacred Heart University - Series J-1Refunding and Defeasance of Series F and a Portion of Series G.
Schedule K, Part I, Column (f) Sacred Heart University - Series KConstruction projects including residential housing.
Schedule K, Part I, Column (f) Sacred Heart University - Series LConstruction projects including residential housing and academic facilities renovation/expansion.
Schedule K, Part IV, Line 2c COLUMN AIssuer name: SACRED HEART UNIVERSITY - SERIES I-1 The calculation for computing no rebate due was performed on 11/22/2022
Schedule K, Part IV, Line 2c COLUMN BIssuer name: SACRED HEART UNIVERSITY - SERIES J-1 The calculation for computing no rebate due was performed on 11/22/2022

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Contribution17ContributionCnt
Noncash Contributions Rpt F990$105,377NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I Explanations of reporting method for number of contributionsFormAndLineReferenceDesc
ExplanationSecurities - Publicly traded - NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 4a-4c Description of program services(Expenses $ 77,468,538 including grants of $)(Revenue $ 87,671,022) AUXILIARY ENTERPRISES AND OTHER MISCELLANEOUS SERVICES USED TO SUPPORT THE PURPOSE AND MISSION OF SACRED HEART UNIVERSITY.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyTHE FOLLOWING IS THE SUCCESSION OF THE REVIEWS THAT OCCUR PRIOR TO FILING FORM 990. REVISIONS TO THE RETURN MAY BE MADE AT ANY POINT PRIOR TO FINAL FILING OF THE RETURN: THE RETURN IS PREPARED BY AN OUTSIDE PREPARER WITH THE ASSISTANCE OF THE ACCOUNTING STAFF. THE RETURN IS THEN INDEPENDENTLY REVIEWED BY THE CONTROLLER, ASSOCIATE VP FOR FINANCE AND SR VP FOR FINANCE. COPIES OF THE RETURN ARE PROVIDED TO THE PRESIDENT, EACH MEMBER OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND THE CORPORATE SECRETARY FOR THEIR REVIEW AND COMMENT PRIOR TO FILING.
Form 990, Part VI, Line 12c Conflict of interest policyEVERY YEAR, THE CONFLICT OF INTEREST POLICY IS REVIEWED. ALL KEY EMPLOYEES, TRUSTEES AND OFFICERS OF THE UNIVERSITY ARE REQUIRED TO REVIEW AND COMPLETE THE FORMS AS APPROPRIATE, SIGN, AND SUBMIT THE FORMS TO THEIR MANAGER OR BOARD SECRETARY FOR REVIEW AND SIGNATURE.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialCOMPENSATION FOR THE UNIVERSITY'S PRESIDENT/CEO IS DETERMINED THROUGH AN EXTENSIVE REVIEW OF THE JOB RESPONSIBILITIES AND EXPECTATIONS OUTLINED BY THE BOARD. THE COMPENSATION COMMITTEE THEN PERFORMS A REVIEW OF EXTERNAL MARKET AND INDUSTRY SURVEY AND STUDY DATA. CONSIDERATION OF ALL ADDITIONAL RESPONSIBILITIES ARE DETAILED OUT IN SPECIFIC LANGUAGE IN AN EMPLOYMENT CONTRACT APPROVED BY OUR LEGAL COUNSEL. FINAL SALARY RANGES ARE THEN DETERMINED BY THE COMPENSATION COMMITTEE. COMPENSATION FOR OTHER KEY EMPLOYEES IS DETERMINED BY THE EVALUATION OF THE JOB DESCRIPTION AGAINST EXTERNAL MARKET DATA AVAILABLE AS WELL AS THE REVIEW OF OUR INTERNAL EMPLOYEE DATA. CONSIDERATION OF ADDITIONAL RESPONSIBILITIES AND OTHER FACTORS MAY ALSO CONTRIBUTE IN DETERMINING COMPENSATION.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesCOMPENSATION FOR THE UNIVERSITY'S OTHER OFFICERS AND KEY EMPLOYEES IS ORIGINALLY DETERMINED BASED ON EXTERNAL MARKET AND INDUSTRY SURVEY AS WELL AS THE REVIEW OF OUR INTERNAL EMPLOYEE DATA. ANY ADDITIONAL RESPONSIBILITIES ARE ALSO CONSIDERED. THE DATA IS REVIEWED BY A COMMITTEE AUTHORIZED BY THE BOARD OF TRUSTEES. DECISIONS AND AUTHORIZATIONS ARE DOCUMENTED AND PLACED ON FILE WITH THE VICE PRESIDENT OF HUMAN RESOURCES. FINAL ANNUAL SALARY RECOMMENDATIONS FROM THE PRESIDENT ARE SUBMITTED FOR REVIEW AND APPROVED BY THE HUMAN RESOURCES COMPENSATION COMMITTEE.
Form 990, Part VI, Line 19 Required documents available to the publicGUIDESTAR.ORG POSTS THE UNIVERSITY'S 990 FILING ANNUALLY. THIS MAKES THE 990 WIDELY AVAILABLE THROUGH THE INTERNET. COPIES ARE ALSO MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. GOVERNING DOCUMENTS AND THE ANNUAL FINANCIAL REPORT ARE MADE AVAILABLE TO BOARD MEMBERS AND IN COMPLIANCE WITH DEBT COVENANTS. UNIVERSITY EMPLOYEE AND FACULTY HANDBOOKS ARE POSTED ON THE UNIVERSITY WEBSITE. IN ADDITION, ALL STAFF AND FACULTY RECEIVE A COPY. THE CONFLICT OF INTEREST POLICY IS ANNUALLY DISTRIBUTED ONLY TO KEY EMPLOYEES, DIRECTORS, AND OFFICERS OF THE UNIVERSITY TO SIGN AND RETURN.
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesCHANGE IN THE VALUE OF INTEREST RATE SWAPS - -759018; Total - -759018;

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
CORAM LANE LLC
5151 PARK AVEFAIRFIELDCT06825475563897OPERATION OF GREAT RIVER GOLF CLUBCT$20,336$5,471,096SACRED HEART UNIVERSITY
SACRED HEART CAMPUS IN DINGLE
CURRICULUM EXPANSION$3,342,293$13,949,967SACRED HEART UNIVERSITY