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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T07:50:56+00:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 440160260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Forvis Mazars LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 E Wayne Street Suite 600 | AddressLine1Txt |
| City | Fort Wayne | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060776644 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SACRED HEART UNIVERSITY INCORPORATED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SACR | BusinessNameControlTxt |
| Phone | 2033968223 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5151 PARK AVENUE | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06825 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN PETILLO | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2033968223 | PhoneNum |
| Signature | 2026-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lauren Denton | PreparerPersonNm |
| PTIN | P01571860 | PTIN |
| Phone | 2604604000 | PhoneNum |
| Preparation | 2026-05-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN PETILLO | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5151 PARK AVENUE | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06825 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $631,866,071 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SACREDHEART.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1963 | FormationYr |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Activity Or Mission | THE 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 Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 5843 | TotalEmployeeCnt |
| Total Volunteers | 150 | TotalVolunteersCnt |
| Total Gross UBI | $9,081,133 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $19,690,924 | PYContributionsGrantsAmt |
| CY Contributions Grants | $26,145,619 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $501,559,365 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $523,394,788 | CYProgramServiceRevenueAmt |
| PY Investment Income | $18,918,100 | PYInvestmentIncomeAmt |
| CY Investment Income | $26,034,627 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$198,203 | PYOtherRevenueAmt |
| CY Other Revenue | $103,661 | CYOtherRevenueAmt |
| PY Total Revenue | $539,970,186 | PYTotalRevenueAmt |
| CY Total Revenue | $575,678,695 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $136,434,867 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $152,908,820 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $158,476,811 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $171,908,293 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $307,050 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $530,961 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,424,484 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $163,926,081 | PYOtherExpensesAmt |
| CY Other Expenses | $178,796,183 | CYOtherExpensesAmt |
| PY Total Expenses | $459,144,809 | PYTotalExpensesAmt |
| CY Total Expenses | $504,144,257 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $80,825,377 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $71,534,438 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,450,684,018 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,533,570,955 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $571,042,177 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $558,042,932 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $879,641,841 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $975,528,023 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | AT 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 Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $152,774,359 | ExpenseAmt |
| Grant | $152,774,359 | GrantAmt |
| Desc | SACRED 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $142,900,477 | ExpenseAmt |
| Revenue | $430,541,854 | RevenueAmt |
| Desc | SACRED 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $73,443,900 | ExpenseAmt |
| Revenue | $5,181,912 | RevenueAmt |
| Desc | SACRED 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $77,468,538 | ExpenseAmt |
| Revenue | $87,671,022 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES AND OTHER MISCELLANEOUS SERVICES USED TO SUPPORT THE PURPOSE AND MISSION OF SACRED HEART UNIVERSITY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $77,468,538 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $87,671,022 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $446,587,274 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | Yes (true) | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | Yes (true) | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 13661 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 5843 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | EI | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETER WARD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2033968223 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5151 PARK AVENUE | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06825 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| GARY LEVIN | ||||||||
| VICE CHARIMAN | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JOHN J PETILLO PHD | ||||||||
| PRESIDENT | 35.0 | Yes (X) | Yes (X) | $1,394,216 | $0 | $130,065 | ||
| JOHN VAZQUEZ | ||||||||
| CHAIRMAN | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KEITH MCCULLOUGH | ||||||||
| TRUSTEE | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PAMELA MILLER ESQ | ||||||||
| SECRETARY | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER K MCLEOD | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| CORY J ROBINSON | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| DOMINICK FERRO | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| DOUGLAS KENNEDY | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| ERIC A WOOD EDD | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| FRANK R MARTIRE | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| JAMES T MORLEY JR | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| JOHN COFINI | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| KATHLEEN BOOZANG | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| KENNETH S SIEGEL ESQ | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| LINDA MCMAHON | ||||||||
| TRUSTEE (END 03/25) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MARY-ANN BUNTING | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MORGAN FORD | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| NICHOLAS PATINO | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| PATRICK CAROLAN MD | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| PAULINE SPINELLI | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| SUSAN DAVIS RN EDD FACHE | ||||||||
| TRUSTEE (End 12/24) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS SCRIVO | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM MITCHELL | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL LAROBINA ESQ | ||||||||
| GENERAL COUNSEL | 35.0 | Yes (X) | $347,746 | $0 | $48,063 | |||
| PETER WARD | ||||||||
| SR VICE PRESIDENT FOR FINANCE | 35.0 | Yes (X) | $484,714 | $0 | $72,035 | |||
| ROBIN CAUTIN | ||||||||
| PROVOST | 35.0 | Yes (X) | $487,965 | $0 | $83,794 | |||
| DEANNA FIORENTINO | ||||||||
| VP FOR ENROLLMENT MANAGEMENT | 35.0 | $278,424 | $0 | $41,105 | Yes (X) | |||
| MICHAEL IANNAZZI | ||||||||
| SR VICE PRESIDENT FOR ADMINISTRATION | 35.0 | $366,942 | $0 | $41,092 | Yes (X) | |||
| MIGUEL MARTINEZ-SAENZ | ||||||||
| SR VP FOR STUDENT ENGAGEMENT | 35.0 | $367,269 | $0 | $76,579 | Yes (X) | |||
| ROBERT HARDY | ||||||||
| VICE PRESIDENT OF HUMAN RESOURCES | 35.0 | $277,645 | $0 | $30,872 | Yes (X) | |||
| DAVID TAYLOR | ||||||||
| DEAN | 35.0 | $339,095 | $0 | $39,817 | Yes (X) | |||
| KAREN DALEY | ||||||||
| DEAN | 35.0 | $451,724 | $0 | $47,174 | Yes (X) | |||
| MARC IZZO | ||||||||
| VP OF CONSTRUCTION & FACILITIES | 35.0 | $308,932 | $0 | $35,810 | Yes (X) | |||
| MICHAEL ALFANO | ||||||||
| Vice President for Strategic Initiatives | 35.0 | $313,879 | $0 | $66,928 | Yes (X) | |||
| PAUL SUTERA | ||||||||
| SR VP FOR UNIVERSITY ADVANCEMENT | 35.0 | $385,142 | $0 | $30,702 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,803,693 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $744,036 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 372 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Compass Group Inc (Chartwell's Higher Education) | ||||||
| BoA | PO Box 91337 | Chicago | IL | 606931853 | Food services for Meal Plans and University functions | $22,958,749 |
| Consigli Construction Co Inc | ||||||
| 72 Sumner Street | Milford | MA | 01757 | Construction Services | $15,424,696 | |
| Southeast Service Corporation | ||||||
| 2400 Yorkmont Road | Charlotte | NC | 28217 | Janitorial Services | $6,977,240 | |
| DATTCO Inc | ||||||
| 583 South Street | New Britian | CT | 06051 | Transportation Services | $3,477,417 | |
| Risepoint LLC | ||||||
| 2803 Philadelphia PikeStreet | Claymont | DE | 19703 | Education Technology Services | $2,966,400 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 118 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $1,846,850 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $8,707,800 | GovernmentGrantsAmt |
| All Other Contributions | $15,590,969 | AllOtherContributionsAmt |
| Noncash Contributions | $105,377 | NoncashContributionsAmt |
| Total Contributions | $26,145,619 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION AND FEES | 611310 | $430,541,854 | $430,541,854 | |
| AUXILIARY ACTIVITIES | 611310 | $82,072,027 | $73,670,790 | $8,401,237 |
| OTHER INCOME | 900099 | $7,729,983 | $7,050,087 | $679,896 |
| PITT CENTER&ATHLETICS | 611620 | $3,050,924 | $3,050,924 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $523,394,788 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,685,000 | TotalRevenueColumnAmt |
| Exclusion | $20,685,000 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $339,533 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $163,055 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $176,478 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $176,478 | TotalRevenueColumnAmt |
| Exclusion | $176,478 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $60,721,780 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $55,372,153 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,349,627 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,349,627 | TotalRevenueColumnAmt |
| Exclusion | $5,349,627 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $552,874 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $2,399,724 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $635,868 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$82,994 | TotalRevenueColumnAmt |
| Exclusion | -$82,994 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $26,477 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $16,300 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,177 | TotalRevenueColumnAmt |
| Exclusion | $10,177 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $575,678,695 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $514,313,655 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $9,081,133 | UnrelatedBusinessRevenueAmt |
| Exclusion | $26,138,288 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,461 | TotalAmt |
| Program Services | $134,461 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,774,359 | TotalAmt |
| Program Services | $152,774,359 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,405,306 | TotalAmt |
| Program Services | $774,027 | ProgramServicesAmt |
| Management And General | $3,631,279 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,960,841 | TotalAmt |
| Program Services | $111,977,585 | ProgramServicesAmt |
| Management And General | $15,579,946 | ManagementAndGeneralAmt |
| Fundraising | $2,403,310 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,485,760 | TotalAmt |
| Program Services | $6,387,258 | ProgramServicesAmt |
| Management And General | $951,961 | ManagementAndGeneralAmt |
| Fundraising | $146,541 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,042,231 | TotalAmt |
| Program Services | $17,651,700 | ProgramServicesAmt |
| Management And General | $3,051,527 | ManagementAndGeneralAmt |
| Fundraising | $339,004 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,014,155 | TotalAmt |
| Program Services | $7,619,796 | ProgramServicesAmt |
| Management And General | $1,220,018 | ManagementAndGeneralAmt |
| Fundraising | $174,341 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $377,133 | TotalAmt |
| Management And General | $377,133 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $237,737 | TotalAmt |
| Program Services | $38,411 | ProgramServicesAmt |
| Management And General | $199,326 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $530,961 | TotalAmt |
| Fundraising | $530,961 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $830,783 | TotalAmt |
| Management And General | $830,783 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,423,464 | TotalAmt |
| Program Services | $33,862,316 | ProgramServicesAmt |
| Management And General | $4,548,990 | ManagementAndGeneralAmt |
| Fundraising | $12,158 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,329,302 | TotalAmt |
| Program Services | $554,692 | ProgramServicesAmt |
| Management And General | $758,913 | ManagementAndGeneralAmt |
| Fundraising | $15,697 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,362,474 | TotalAmt |
| Program Services | $5,868,883 | ProgramServicesAmt |
| Management And General | $2,088,409 | ManagementAndGeneralAmt |
| Fundraising | $405,182 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,490,097 | TotalAmt |
| Program Services | $2,668,692 | ProgramServicesAmt |
| Management And General | $3,710,252 | ManagementAndGeneralAmt |
| Fundraising | $111,153 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,676,858 | TotalAmt |
| Program Services | $15,111,562 | ProgramServicesAmt |
| Management And General | $1,435,892 | ManagementAndGeneralAmt |
| Fundraising | $129,404 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,294,625 | TotalAmt |
| Program Services | $12,478,260 | ProgramServicesAmt |
| Management And General | $682,832 | ManagementAndGeneralAmt |
| Fundraising | $133,533 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $623,267 | TotalAmt |
| Program Services | $509,995 | ProgramServicesAmt |
| Management And General | $106,859 | ManagementAndGeneralAmt |
| Fundraising | $6,413 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,664,108 | TotalAmt |
| Program Services | $14,493,542 | ProgramServicesAmt |
| Management And General | $1,170,566 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,774,281 | TotalAmt |
| Program Services | $25,568,795 | ProgramServicesAmt |
| Management And General | $3,205,486 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,296,807 | TotalAmt |
| Program Services | $547,781 | ProgramServicesAmt |
| Management And General | $2,749,026 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,355,055 | TotalAmt |
| Program Services | $1,583,797 | ProgramServicesAmt |
| Management And General | $761,148 | ManagementAndGeneralAmt |
| Fundraising | $10,110 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $504,144,257 | TotalAmt |
| Program Services | $446,586,874 | ProgramServicesAmt |
| Management And General | $53,132,899 | ManagementAndGeneralAmt |
| Fundraising | $4,424,484 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,640,781 | BOYAmt |
| EOY | $117,192,774 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,563,050 | BOYAmt |
| EOY | $7,211,817 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,978,499 | BOYAmt |
| EOY | $1,734,285 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,970,747 | BOYAmt |
| EOY | $8,595,946 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,245,690,233 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $360,861,174 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $846,773,764 | BOYAmt |
| EOY | $884,829,059 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $348,484,076 | BOYAmt |
| EOY | $395,319,150 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,835,804 | BOYAmt |
| EOY | $57,135,834 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,047,328 | BOYAmt |
| EOY | $23,739,317 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,389,969 | BOYAmt |
| EOY | $37,812,773 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,450,684,018 | BOYAmt |
| EOY | $1,533,570,955 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,174,876 | BOYAmt |
| EOY | $49,415,541 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,694,817 | BOYAmt |
| EOY | $66,834,398 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $415,062,550 | BOYAmt |
| EOY | $401,563,318 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,109,934 | BOYAmt |
| EOY | $40,229,675 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $571,042,177 | BOYAmt |
| EOY | $558,042,932 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $815,610,537 | BOYAmt |
| EOY | $904,784,736 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,031,304 | BOYAmt |
| EOY | $70,743,287 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $879,641,841 | BOYAmt |
| EOY | $975,528,023 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,450,684,018 | BOYAmt |
| EOY | $1,533,570,955 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $71,534,438 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $25,110,762 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$759,018 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $24,155,650 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $38,218,815 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,827,436 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,989,495 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $26,145,619 | CurrentTaxYearAmt |
| Total | $132,337,015 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $24,155,650 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $38,218,815 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,827,436 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,989,495 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $26,145,619 | CurrentTaxYearAmt |
| Total | $132,337,015 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,974,116 | SubstantialContributorsTotAmt |
| Public Support Total170 | $130,362,899 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,867,270 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,250,622 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,805,863 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,261,600 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,024,533 | CurrentTaxYearAmt |
| Total | $69,209,888 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $201,546,903 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,310,983,746 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.64681 | PublicSupportCY170Pct |
| Public Support PY170 | 0.6836 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $1,690,671 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $316,873,105 | BeginningYearBalanceAmt |
| Contributions | $14,449,189 | ContributionsAmt |
| Investment Earnings Or Losses | $37,823,685 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $11,411,211 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $357,734,768 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $269,446,297 | BeginningYearBalanceAmt |
| Contributions | $11,804,822 | ContributionsAmt |
| Investment Earnings Or Losses | $36,769,605 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,147,619 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $316,873,105 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $240,059,029 | BeginningYearBalanceAmt |
| Contributions | $10,533,330 | ContributionsAmt |
| Investment Earnings Or Losses | $20,343,977 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,490,039 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $269,446,297 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $247,117,996 | BeginningYearBalanceAmt |
| Contributions | $12,157,924 | ContributionsAmt |
| Investment Earnings Or Losses | -$18,106,647 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,110,244 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $240,059,029 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $191,568,286 | BeginningYearBalanceAmt |
| Contributions | $8,816,292 | ContributionsAmt |
| Investment Earnings Or Losses | $47,746,818 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,013,400 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $247,117,996 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.8444 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.09 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0656 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $83,696,187 | OtherCostOrOtherBasisAmt |
| Book Value | $83,696,187 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $857,783,623 | OtherCostOrOtherBasisAmt |
| Depreciation | $192,791,342 | DepreciationAmt |
| Book Value | $664,992,281 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $108,677,469 | OtherCostOrOtherBasisAmt |
| Depreciation | $58,556,727 | DepreciationAmt |
| Book Value | $50,120,742 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $99,427,551 | OtherCostOrOtherBasisAmt |
| Depreciation | $82,743,328 | DepreciationAmt |
| Book Value | $16,684,223 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $96,105,403 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,769,777 | DepreciationAmt |
| Book Value | $69,335,626 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $884,829,059 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $40,229,675 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $447,075,590 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $25,110,762 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $815,223 | OtherRevenueAmt |
| Revenue Not Reported | $25,925,985 | RevenueNotReportedAmt |
| Revenue Subtotal | $421,149,605 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $995,713 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $153,533,377 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $154,529,090 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $575,678,695 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $351,189,408 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $815,223 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $815,223 | ExpensesNotReportedAmt |
| Expenses Subtotal | $350,374,185 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $995,713 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $152,774,359 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $153,770,072 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $504,144,257 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part X, Line 2 | The 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 collections | WORKS 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 funds | THE 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) footnote | MANAGEMENT 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 990 | Rental Expenses - 163055 Fundraising Expenses - 635868 Gaming Expenses - 16300 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | Student 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 990 | Rental Expenses - 163055 Fundraising Expenses - 635868 Gaming Expenses - 16300 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | Student Aid Reclass - XXX-XX-XXXX Resident Hall Aux - 3662518 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | SACRED 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 AGENCY | SACRED 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)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investments | $34,918,534 | |
| Europe (Including Iceland and Greenland) | 0 | 0 | Investments | $17,073,033 | |
| Europe (Including Iceland and Greenland) | 1 | 19 | Program Services | $3,445,988 | Educational |
| Central America and the Caribbean | 0 | 0 | Program Services,Mission Related Trips | $54,341 | Educational |
| East Asia and the Pacific | 0 | 0 | Program Services | $54,186 | Educational |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 19 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 19 | TotalEmployeeCnt |
| Subtotal Spent | $55,546,082 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $55,546,082 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | FormAndLineReferenceDesc |
| Explanation | CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|
| Stelter Company | |||||||
| 10435 New York Ave | Des Moines | IA | 50322 | Fundraising Consulting | false | $12,715 | -$12,715 |
| LKA Fundraising | |||||||
| 4800 S Macadam Ave Suite 135 | East Lansing | MI | 97239 | Fundraising Consulting | false | $51,923 | -$51,923 |
| McAllister & Quinn LLC | |||||||
| 1625 Eye St NW Suite 750 | Washington | DC | 20006 | Fundraising Consulting | false | $169,200 | -$169,200 |
| Premier Sports Advisors LLC | |||||||
| 76 Szost Drive | Fairfield | CT | 06824 | Fundraising Consulting | false | $57,910 | -$57,910 |
| Main Spring Media Communication | |||||||
| PO Box 825 | Armonk | NY | 10504 | Fundraising Consulting | false | $53,915 | -$53,915 |
| Falcon Fundraising Inc | |||||||
| 1690 Watertower Place Suite 400A | East Lansing | MI | 48823 | Fundraising Consulting | false | $6,655 | -$6,655 |
| Graham Pelton | |||||||
| 39 Beechwood Rd | Summit | NJ | 07901 | Fundraising Consulting | false | $150,000 | -$150,000 |
| EAB Global Inc | |||||||
| PO Box 603519 | Charlotte | NC | 28260 | Fundraising Consulting | false | $28,643 | -$28,643 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $0 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $530,961 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$530,961 | TotalNetToOrganizationAmt |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | HORIZONS FALL EVENT | Event1Nm |
| Gross Receipts Event1 | $758,492 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $661,717 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $96,775 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $0 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $6,000 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $0 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $29,622 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $0 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $56,460 | OtherDirectExpensesEvent1Amt |
| Event2 | SHU INVITATIONAL | Event2Nm |
| Gross Receipts Event2 | $497,500 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $344,788 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $152,712 | GrossRevenueEvent2Amt |
| Cash Prizes Event2 | $0 | CashPrizesEvent2Amt |
| Non Cash Prizes Event2 | $28,186 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $0 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $25,292 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $4,875 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $84,000 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 8 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $1,143,732 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $840,345 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $303,387 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $42,247 | NonCashPrizesOtherEventsAmt |
| Food And Beverage Other Events | $178,317 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $8,600 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $172,269 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $2,399,724 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,846,850 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $552,874 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $0 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $76,433 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $0 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $233,231 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $13,475 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $312,729 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $635,868 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$82,994 | NetIncomeSummaryAmt |
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteer Labor Bingo | 0 | VolunteerLaborBingoPct |
| Volunteer Labor Pull Tabs | 0 | VolunteerLaborPullTabsPct |
| Gross Revenue Other Gaming | $26,477 | GrossRevenueOtherGamingAmt |
| Cash Prizes Other Gaming | $15,000 | CashPrizesOtherGamingAmt |
| Non Cash Prizes Other Gaming | $0 | NonCashPrizesOtherGamingAmt |
| Rent Fclty Costs Other Gaming | $0 | RentFcltyCostsOtherGamingAmt |
| Oth Direct Expnss Other Gaming | $1,300 | OthDirectExpnssOtherGamingAmt |
| Volunteer Labor Other Gaming | false | VolunteerLaborOtherGamingInd |
| Volunteer Labor Other Gaming | 0 | VolunteerLaborOtherGamingPct |
| Gross Revenue Total Gaming | $26,477 | GrossRevenueTotalGamingAmt |
| Cash Prizes Total Gaming | $15,000 | CashPrizesTotalGamingAmt |
| Non Cash Prizes Total Gaming | $0 | NonCashPrizesTotalGamingAmt |
| Rent Fclty Costs Total Gaming | $0 | RentFcltyCostsTotalGamingAmt |
| Oth Direct Expnss Total Gaming | $1,300 | OthDirectExpnssTotalGamingAmt |
| Direct Expense Summary Gaming | $16,300 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $10,177 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | CT | StatesWhereGamingConductedCd |
| Licensed | Yes (true) | LicensedInd |
| License Suspended Etc | false | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | false | GamingWithNonmembersInd |
| Member Of Other Entity | false | MemberOfOtherEntityInd |
| Gaming Own Facility | 1.0 | GamingOwnFacilityPct |
| Gaming Other Facility | 0.0 | GamingOtherFacilityPct |
| Individual With Books | Whitney Vitti | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5151 Park Avenue | AddressLine1Txt |
| City | Farifield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06825 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | false | CntrctWith3rdPrtyForGameRevInd |
Gaming Manager Business Name GamingManagerBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kim Wardlow | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Manager Compensation | $1,000 | GamingManagerCompensationAmt |
| Gaming Manager Services Prov | Coordination of tuition raffle for Notre Dame Preparatory school | GamingManagerServicesProvTxt |
| Gaming Manager Is Employee | Yes (X) | GamingManagerIsEmployeeInd |
| Charitable Distribution Rqr | false | CharitableDistributionRqrInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Discovery Science Center & Planetarium | ||||||||
| 4450 Park Avenue | Bridgeport | CT | 06604 | 060740527 | 501(c)(3) | $100,000 | Management Support | |
| Order of Malta | ||||||||
| St Patricks Cathedral Parish House | New York | NY | 10022 | 237095245 | 501(c)(3) | $8,000 | Charitable Contribution and support for Lourdes Pilgrimage | 14 E 51st Street |
| Lifebridge Community Services | ||||||||
| 475 Clinton Ave | Bridgeport | CT | 06605 | 060646974 | 501(c)(3) | $5,000 | Community Support | |
| Fairfield Chamber of Commerce | ||||||||
| 200 Mill Plain Rd | Fairfield | CT | 06824 | 060619132 | 501 (c)(6) | $13,961 | Community Support | |
| National Association of Student Personnel Administrators (NASPA) | ||||||||
| 111 K St NE FL10 | Washington | DC | 20002 | 521542164 | 501(c)(3) | $7,500 | Event Sponsorship | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Academic Assistance & Scholarships | 5982 | $149,111,841 |
| Auxiliary Assistance & Scholarships | 1157 | $3,662,518 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds | FormAndLineReferenceDesc |
| Explanation | THE 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | Yes (true) | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | Yes (true) | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp 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 ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | THE 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 organization | BONUSES 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 organization | BONUSES 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 payments | THERE 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 ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| SACRED HEART UNIVERSITY - SERIES I-1 | ||||||||
| A | 060776644 | 20774Y2C0 | 2017-11-22 | $157,271,506 | SEE PART VI | false | false | false |
| SACRED HEART UNIVERSITY - SERIES J-1 | ||||||||
| B | 060776644 | 2017-11-22 | $53,465,000 | SEE PART VI | false | false | false | |
| SACRED HEART UNIVERSITY - SERIES K | ||||||||
| C | 060776644 | 20775DJT0 | 2020-09-22 | $150,439,692 | SEE PART VI | false | false | false |
| SACRED HEART UNIVERSITY - SERIES L | ||||||||
| D | 060776644 | 20775DTR3 | 2022-04-19 | $112,608,678 | SEE PART VI | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate 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 | $0 | 2019 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $15,865,969 | $0 | $53,465,000 | $0 | $0 | $0 | $372,301 | $0 | $0 | $0 | $53,092,699 | $0 | Yes (true) | false | Yes (true) | Yes (true) | |
| C | $11,200,000 | $0 | $150,439,692 | $0 | $0 | $0 | $992,749 | $0 | $0 | $149,446,943 | $0 | $0 | 2021 | false | false | Yes (true) | Yes (true) |
| D | $3,020,000 | $0 | $112,608,678 | $0 | $0 | $0 | $856,786 | $0 | $0 | $106,677,778 | $0 | $5,074,114 | false | false | false | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropPct | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | false | false | 0.005 | 0.0 | 0.005 | false | false | 0 | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | false | false | 0.0006 | 0.0 | 0.0006 | false | false | 0 | false | Yes (true) |
| C | false | false | Yes (true) | Yes (true) | false | false | 0.0036 | 0.0 | 0.0036 | false | false | 0 | false | Yes (true) |
| D | false | false | Yes (true) | Yes (true) | false | false | 0.0 | 0.0 | 0.0 | false | false | 0 | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Term Of GICTermOfGICPct | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (no name) | ||||||||||||||
| A | false | false | false | Yes (true) | false | false | 0 | false | false | false | 0 | false | false | Yes (true) |
| M&T Bank | ||||||||||||||
| B | false | false | false | Yes (true) | Yes (true) | Yes (true) | 19.6 | Yes (true) | false | false | 0 | false | false | Yes (true) |
| (no name) | ||||||||||||||
| C | false | Yes (true) | false | Yes (true) | false | false | 0 | false | false | false | 0 | false | false | Yes (true) |
| (no name) | ||||||||||||||
| D | false | Yes (true) | false | Yes (true) | false | false | 0 | false | false | false | 0 | false | Yes (true) | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part IV, Line 2c | Series 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 2c | Series 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 2c | Series K calculation is due 9/22/25 |
| Schedule K, Part IV, Line 2c | Series L Calculation will note be due until 4/19/27. |
| Schedule K, Part I, Column (f) Sacred Heart University - Series I-1 | Refunding and defeasance of Series H, Settle LOC, Construction |
| Schedule K, Part I, Column (f) Sacred Heart University - Series J-1 | Refunding and Defeasance of Series F and a Portion of Series G. |
| Schedule K, Part I, Column (f) Sacred Heart University - Series K | Construction projects including residential housing. |
| Schedule K, Part I, Column (f) Sacred Heart University - Series L | Construction projects including residential housing and academic facilities renovation/expansion. |
| Schedule K, Part IV, Line 2c COLUMN A | Issuer 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 B | Issuer 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contribution | 17 | ContributionCnt |
| Noncash Contributions Rpt F990 | $105,377 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I Explanations of reporting method for number of contributions | FormAndLineReferenceDesc |
| Explanation | Securities - Publicly traded - NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 body | THE 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 policy | EVERY 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 official | COMPENSATION 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 employees | COMPENSATION 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 public | GUIDESTAR.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 balances | CHANGE IN THE VALUE OF INTEREST RATE SWAPS - -759018; Total - -759018; |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| CORAM LANE LLC | |||||||||
| 5151 PARK AVE | FAIRFIELD | CT | 06825 | 475563897 | OPERATION OF GREAT RIVER GOLF CLUB | CT | $20,336 | $5,471,096 | SACRED HEART UNIVERSITY |
| SACRED HEART CAMPUS IN DINGLE | |||||||||
| CURRICULUM EXPANSION | $3,342,293 | $13,949,967 | SACRED HEART UNIVERSITY | ||||||