2026-07-14T16:24:15-05:00 2025-08-31 135565207 KPMG LLP TWO MANHATTAN WEST 375 9TH AVENUE NEW YORK NY 10001 990 2024-09-01 111633516 LONG ISLAND UNIVERSITY LONG 5162992535 700 NORTHERN BLVD BROOKVILLE NY 115481326 CHRISTOPHER FEVOLA VP AND CHIEF FINANCIAL OFFICER 5164130950 2026-07-14 1 0 EVAN W SEEKAMP P01907071 2127589700 2026-07-14 2024 2025-03-06 01:10:19Z DR KIMBERLY R CLINE 700 NORTHERN BLVD BROOKVILLE NY 11548 569603823 0 X WWW.LIU.EDU X 1926 NY PROVIDE EXCELLENCE AND ACCESS IN EDUCATION TO THOSE WHO SEEK TO EXPAND THEIR KNOWLEDGE. SEE SCH O. 25 22 3634 25 482095 465476 34418410 35510085 418734008 434051384 13354922 21803783 -50206 -114307 466457134 491250945 103177844 108985468 0 0 163821080 168085761 0 0 5305273 150297041 161484236 417295965 438555465 49161169 52695480 1094607268 1181420461 219913804 218253345 874693464 963167116 X TO PROVIDE EXCELLENCE AND ACCESS IN PRIVATE HIGHER EDUCATION TO THOSE WHO SEEK TO EXPAND THEIR KNOWLEDGE AND PREPARE THEMSELVES FOR MEANINGFUL, EDUCATED LIVES AND FOR SERVICE TO THEIR COMMUNITIES AND THE WORLD. 0 0 293847734 103952508 404719770 INSTRUCTION, ACADEMIC SUPPORT, AND INSTITUTIONAL SUPPORT - THE UNIVERSITY OFFERS BOTH CREDIT AND NONCREDIT COURSES FOR ACADEMIC AND VOCATIONAL INSTRUCTION. THE UNIVERSITY OFFERS 225 DEGREE AND CERTIFICATE PROGRAMS TO OVER 17,800 STUDENTS, AND EMPLOYS CLOSE TO 400 FULL-TIME FACULTY OVER FIVE CAMPUSES. ACTIVITIES IN THIS CATEGORY ALSO INCLUDE SUPPORT SERVICES SUCH AS LIBRARIES, EDUCATIONAL MEDIA SERVICES, ACADEMIC COMPUTING SUPPORT, AND ACADEMIC ADMINISTRATION. 92067337 5032960 29282286 STUDENT SERVICES AND AUXILIARY ENTERPRISES - REPRESENTS THE ACTIVITIES THAT CONTRIBUTE TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE FORMAL INSTRUCTION PROGRAM. ACTIVITIES IN THIS CATEGORY INCLUDE EXPENSES FOR RESIDENCE HALLS, STUDENT ACTIVITIES, CULTURAL EVENTS, STUDENT NEWSPAPERS, INTRAMURAL ATHLETICS, STUDENT ORGANIZATIONS, INTERCOLLEGIATE ATHLETICS, COUNSELING AND CAREER GUIDANCE, STUDENT AID ADMINISTRATION AND STUDENT HEALTH SERVICE. APPROXIMATELY 1,650 STUDENTS RESIDE IN THE DORMS. 8794030 49328 RESEARCH AND PUBLIC SERVICE - REPRESENTS ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE INSTITUTION OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE INSTITUTION. THIS CATEGORY ALSO INCLUDES ACTIVITIES ESTABLISHED PRIMARILY TO PROVIDE NON-INSTRUCTIONAL SERVICES BENEFICIAL TO INDIVIDUALS AND GROUPS EXTERNAL TO THE INSTITUTION. THESE ACTIVITIES INCLUDE COMMUNITY SERVICE PROGRAMS. 394709101 1 1 0 1 0 0 0 1 0 1 1 1 0 1 1 1 1 0 1 1 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 1 685 0 1 3634 1 1 1 1 CS 0 0 0 1 1 0 0 0 0 1 0 X 25 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY SC X KEITH VOSS 5162992535 700 NORTHERN BLVD BROOKVILLE NY 11548 DR KIMBERLY CLINE PRESIDENT 60.00 0.00 X X 1184606 0 311498 RAO S ANUMOLU TRUSTEE 1.00 0.00 X 0 0 0 MICHELE BAHNIK-MERCIER TRUSTEE 1.00 0.00 X 0 0 0 THOMAS M BUONAIUTO CHAIR AUDIT COMMITTEE 3.00 0.00 X 0 0 0 DANIEL B FISHER TRUSTEE 1.00 0.00 X 0 0 0 GREG G GALDI TRUSTEE 1.00 0.00 X 0 0 0 MICHELLE GETHERS-CLARK TRUSTEE 1.00 0.00 X 0 0 0 JUSTIN GRANT TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL P GUTNICK SR. VICE CHAIR 4.00 0.00 X 0 0 0 STEVEN S HORNSTEIN TRUSTEE 3.00 0.00 X 0 0 0 BOB JAHELKA TRUSTEE 1.00 0.00 X 0 0 0 ALFRED R KAHN TRUSTEE 3.00 0.00 X 0 0 0 ERIC KRASNOFF CHAIR 8.00 0.00 X 0 0 0 FRANK LALEZARIAN TRUSTEE 1.00 0.00 X 0 0 0 BRIAN K LAND CHAIR 3.00 0.00 X 0 0 0 SARABETH LEVINE TRUSTEE 1.00 0.00 X 0 0 0 HOWARD M LORBER TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL MELNICKE TRUSTEE 1.00 0.00 X 0 0 0 RICHARD P NESPOLA TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM R NUTI TRUSTEE 1.00 0.00 X 0 0 0 CHINTU PATEL TRUSTEE 1.00 0.00 X 0 0 0 SHARON STERNHEIM TRUSTEE 2.00 0.00 X 0 0 0 RONALD J SYLVESTRI TRUSTEE 1.00 0.00 X 0 0 0 WINIFRED MACK TRUSTEE/EXEC DEAN-HLTH PROF 40.00 0.00 X 318363 0 27719 CHERIE SEROTA TRUSTEE/VISIT. ASSIST. PROF 35.00 0.00 X 96677 0 7728 MAUREEN TUTHILL VP ACADEMIC AFFAIRS (FROM 11/24) 50.00 0.00 X 214603 0 59738 CHRISTOPHER FEVOLA VP AND CHIEF FINANCIAL OFFICER 60.00 0.50 X 490703 0 110768 ELIZABETH CHEUNG-GAFFNEY UNIVERSITY COUNSEL 50.00 0.50 X 342732 0 97218 JOSEPH SCHAEFER CHIEF OPERATING OFFICER 60.00 0.50 X 461665 0 117344 BASHAR BAROUDI VP INFORMATION TECHNOLOGY 60.00 0.00 X 427762 0 111079 MOHAMMED CHERKAOUI VP RESEARCH 50.00 0.00 X 424650 0 47142 MICHAEL BERTHEL VP STUDENT AFFAIRS 50.00 0.00 X 333356 0 97996 KERRY KRUCKEL VP UNIVERSITY AFFAIRS 50.00 0.00 X 363882 0 67329 LORETTA KNAPP ASSOCIATE PROFESSOR 35.00 0.00 X 395662 0 50426 ARASH DABESTANI DEAN-PHARMACY 40.00 0.00 X 520436 0 79744 ROD STRICKLAND HEAD COACH MEN'S BASKETBALL 40.00 0.00 X 751458 0 67339 ADVA DINUR ASSOCIATE PROFESSOR 35.00 0.00 X 402544 0 10482 MICHAEL PANTALON DEAN-HEALTH PROFESSIONS 35.00 0.00 X 401709 0 69347 DEIRDRE WHITMAN FMR VP UNIV ADMISSIONS (THRU 8/22) 40.00 0.00 X 209139 0 31251 CHARLES RASBERRY FMR VP UNIV ADV (THRU 8/22) 40.00 0.00 X 278298 0 45546 7618245 0 1409694 417 1 1 0 A & A MAINTENANCE 965 MIDLAND AVENUE YONKERS NY 10704 JANITORIAL SERVICES 16316774 CORE FACILITIES SERVICES LLC 150 EAST 42ND STREET-7TH FLOOR NEW YORK NY 10017 FACILITY MANAGEMENT 14780132 ARAMARK 1101 MARKET STREET ARAMARK TOWER PHILADELPHIA PA 19107 FOOD SERVICE 8114158 COMPASS GROUP USA INC 2400 YORKMONT ROAD CHARLOTTE NC 28217 FOOD SERVICE 6216953 STUDY GROUP USA HIGHER EDUCATION 200 S WACKER DR FL31 CHICAGO IL 60606 INTERNATIONAL STUDENT RECRUITMENT 3985265 72 977343 12484211 22048531 974421 35510085 TUITION & FEES 611310 385489815 385489815 SALES & SVCS OF AUX EN 721310 29282286 29282286 CONCERT THEATRE 711110 4986806 4986806 COMMISSIONS 900099 992988 992988 UNIVERSITY FEES 611310 811391 811391 12488098 12488098 434051384 14480739 482095 13998644 376960 306584 70376 70376 70376 84721373 77398329 7323044 7323044 7323044 463282 977343 647965 -184683 -184683 491250945 434051384 482095 21207381 99716099 99716099 9269369 9269369 5943547 2452386 3051079 440082 154482 154482 123580365 112644986 9287432 1647947 6569685 6158625 316222 94838 22569569 20385700 1857089 326780 9268113 8274792 846866 146455 261101 261101 732714 732714 222066 222066 2878209 2878209 18400745 17527359 418034 455352 2345527 494812 1836499 14216 7786230 6589954 1175100 21176 5957317 2903564 2944404 109349 58418945 56352733 1159144 907068 6632172 6365063 260766 6343 1100190 886054 72174 141962 3471918 3452220 16794 2904 22366042 22243998 104050 17994 1691751 17075 1674676 FOOD SERVICE 12955609 11226065 1149263 580281 BAD DEBT 7500000 7500000 SUPPLIES & MINOR EQUIP 3922774 3399092 347981 175701 BOOKS & SUBSCRIPTIONS 2057734 1866638 191096 2783192 2328035 238332 216825 438555465 394709101 38541091 5305273 43596860 46389911 5084184 15213894 21614279 24903665 5551836 5865082 4942920 6714466 820938770 425206707 395862501 395732063 440225881 505814308 107535134 110196155 70193673 70590917 1094607268 1181420461 14416089 12269217 6367506 5852153 31487885 36856200 73497260 70652068 94145064 92623707 219913804 218253345 X 747753028 809845411 126940436 153321705 874693464 963167116 1094607268 1181420461 X 52695480 41290142 -5511970 X 0 1 X 1 1 1 X 37797267 36296873 29932632 34418410 35510085 173955267 37797267 36296873 29932632 34418410 35510085 173955267 15927541 158027726 3713463 8136553 9802862 13394701 14375604 49423183 1007800 2571961 991763 207483 465476 5244483 228622933 2041188279 0.69120 0.78080 X FORM 990, SCHEDULE A, PART II - PUBLIC SUPPORT LONG ISLAND UNIVERSITY IS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II) AND COMPLETES SCHEDULE A, PART II TO DEMONSTRATE THAT IT MEETS THE 33 1/3 % SUPPORT TEST OF THE REGULATIONS UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 222066 0 1 1765 223831 0 LOBBYING FEES FORM 990, SCHEDULE C, PART II-B, LINE 1G MICHAEL BEST STRATEGIES, INC, AND JMS STRATEGIES, INC, AID IN THE CULTIVATION OF WORKING RELATIONSHIPS BETWEEN LIU, FEDERAL AGENCIES, AND THE U.S. CONGRESS. MICHAEL BEST STRATEGIES, INC, AND JMS STRATEGIES, INC ALSO ASSIST IN INVESTIGATING NEW AND INNOVATIVE FUNDING STREAMS AND OPPORTUNITIES WITH THE FEDERAL GOVERNMENT. MEMBERSHIP FEES FORM 990, SCHEDULE C, PART II-B, LINE 1I LONG ISLAND UNIVERSITY PAYS MEMBERSHIP DUES TO THE COMMISSION ON INDEPENDENT COLLEGES AND UNIVERSITIES. $1,765 IS THE PORTION OF DUES PAID TO CICU ATTRIBUTABLE TO LOBBYING. X X 0 481988736 6342921 53051120 2264970 14106086 525011721 398988362 30423774 67380606 1549545 13254461 481988736 366591797 15907418 30598766 1928460 12181159 398988362 366781600 40092144 -28034622 1373713 10873612 366591797 242211453 77968495 56020138 1545543 7872943 366781600 0.75637 0.24364 0.00000 0 0 27173525 27173525 689894116 361274886 328619230 17437715 14014122 3423593 51202984 27002019 24200965 35230430 22915680 12314750 395732063 MULTI-STRATEGY ALT INV 110196155 F 110196155 DEPOSITS WITH BOND TRUSTEES 3233554 RIGHT-OF-USE ASSET 8705633 NET INVESTMENT IN LEASE 58651730 70590917 LEASE LIABILITIES 26623579 BENEFITS PAYABLE UNDER EARLY RETIREMENT PLANS 36324794 EARLY RETIREMENT PLAN 6320650 ASSET RETIREMENT OBLIGATION 7980500 INTEREST RATE SWAP 4674563 OTHER LIABILITIES 5702885 EST SELF-INSURANCE LIABILITY 4996736 92623707 X 416119989 41290142 -5511970 35778172 380341817 2878209 108030919 110909128 491250945 327646337 954549 954549 326691788 2878209 108985468 111863677 438555465 PART III, LINE 4: COLLECTION OF ART AND HISTORICAL TREASURES LONG ISLAND UNIVERSITY HAS COLLECTIONS OF ART, HISTORICAL TREASURES, AND OTHER SIMILAR ASSETS HELD FOR RESEARCH, EDUCATION, AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE WHICH ARE MAINTAINED UNDER CURATORIAL CARE. IN ACCORDANCE WITH ASC 958, THE UNIVERSITY DOES NOT CAPITALIZE ITS COLLECTIONS. PART V, LINE 4: USE OF ENDOWMENT FUNDS ENDOWMENT FUND REVENUE IS USED FOR GENERAL OPERATING SUPPORT UNLESS IT IS RESTRICTED BY THE DONOR FOR A SPECIFIC PURPOSE. PART X, LINE 2: UNCERTAIN TAX POSITIONS THE UNIVERSITY HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE AND IS CONSIDERED EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR ANY UNRELATED BUSINESS INCOME ACTIVITIES. NO PROVISION FOR INCOME TAXES HAS BEEN MADE AS THE UNIVERSITY HAS NOT REPORTED ANY MATERIAL TAXABLE UNRELATED BUSINESS INCOME. THE UNIVERSITY EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS FINANCIAL STATEMENTS USING A THRESHOLD OF MORE LIKELY THAN NOT. AS OF AUGUST 31, 2025 AND 2024, THE UNIVERSITY HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: POSTRETIREMENT CHANGES -6,316,382. CHANGE IN FMV OF INTEREST RATE SWAP AGREEMENTS 829,167. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 35,497. OTHER RECLASSIFICATIONS -60,252. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 108,985,468. RECLASS OF SPECIAL EVENT EXPENSES -647,965. RECLASS OF RENTAL EXPENSES -306,584. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF SPECIAL EVENT EXPENSES 647,965. RECLASS OF RENTAL EXPENSES 306,584. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 108,985,468. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 LINE 3 - EXPLANATION OF NONDISCRIMINATION POLICY: THE FOLLOWING POLICY APPEARS ON LONG ISLAND UNIVERSITY'S WEBSITE AND UNIVERSITY BULLETINS: LONG ISLAND UNIVERSITY IS COMMITTED TO MAINTAINING A LEARNING AND WORKING ENVIRONMENT THAT IS FREE OF BIAS, PREJUDICE, DISCRIMINATION AND HARASSMENT AND AN ENVIRONMENT THAT SUPPORTS, NURTURES, AND REWARDS CAREER AND EDUCATIONAL ADVANCEMENT PURELY ON THE BASIS OF ABILITY AND PERFORMANCE. DISCRIMINATION OR HARASSMENT BASED UPON RACE, COLOR, RELIGION, SEXUAL ORIENTATION, GENDER AND/OR GENDER IDENTITY OR EXPRESSION, MARITAL OR PARENTAL STATUS, NATIONAL ORIGIN, ETHNICITY, CITIZENSHIP STATUS, VETERAN OR MILITARY STATUS, AGE, DISABILITY OR ANY OTHER LEGALLY PROTECTED BASIS IS PROHIBITED BY LAW AND UNDERMINES THE CHARACTER AND PURPOSE OF THE UNIVERSITY. SUCH DISCRIMINATION OR HARASSMENT IS ILLEGAL, AGAINST UNIVERSITY POLICY, AND WILL NOT BE TOLERATED. THIS POLICY COVERS ALL MEMBERS OF THE UNIVERSITY COMMUNITY-STUDENTS, FACULTY AND STAFF-AS WELL AS THOSE WHO INTERACT WITH MEMBERS OF THE UNIVERSITY COMMUNITY SUCH AS VENDORS OR VISITORS. THE UNIVERSITY ENCOURAGES EVERYONE TO REPORT ALL INCIDENTS OF DISCRIMINATION OR HARASSMENT, REGARDLESS OF WHO THE OFFENDER MAY BE. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: FORM 990, SCHEDULE E, LINE 6A THE UNIVERSITY RECEIVES GRANTS FROM THE FOLLOWING GOVERNMENT AGENCIES TO SUPPORT ITS OPERATIONS: FEDERAL AID: UNITED STATES DEPARTMENT OF EDUCATION UNITED STATES DEPARTMENT OF HEALTH AND HUMAN SERVICES UNITED STATES DEPARTMENT OF AGRICULTURE NATIONAL SCIENCE FOUNDATION NATIONAL INSTITUTES OF HEALTH NEW YORK STATE AID: NEW YORK STATE HIGHER EDUCATION SERVICES CORPORATION NEW YORK STATE DEPARTMENT OF MENTAL HYGIENE NEW YORK STATE EDUCATION DEPARTMENT 1 CENTRAL AMERICA AND THE CARIBBEAN 1 9 PROGRAM SERVICES ACADEMIC INSTRUCTION 729157 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES ACADEMIC INSTRUCTION 72800 EAST ASIA & PACIFIC 0 3 PROGRAM SERVICES ACADEMIC INSTRUCTION 434667 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING SCHOLARSHIPS 373709 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING SCHOLARSHIPS 658804 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANTMAKING SCHOLARSHIPS 3044643 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING SCHOLARSHIPS 561136 NORTH AMERICA 0 0 GRANTMAKING SCHOLARSHIPS 2175442 RUSSIA AND NEIGHBORING STATES 0 0 GRANTMAKING SCHOLARSHIPS 343770 SOUTH AMERICA 0 0 GRANTMAKING SCHOLARSHIPS 816946 SOUTH ASIA 0 0 GRANTMAKING SCHOLARSHIPS 1015422 SUB-SAHARAN AFRICA 0 0 GRANTMAKING SCHOLARSHIPS 279497 1 12 0 0 1 12 8050358 2455635 10505993 SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 12 373709 TUITION CRED BOOK SCHOLARSHIPS EAST ASIA AND THE PACIFIC 21 658804 TUITION CRED BOOK SCHOLARSHIPS EUROPE (INCLUDING ICELAND AND GREENLAND) 72 3044643 TUITION CRED BOOK SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 16 561136 TUITION CRED BOOK SCHOLARSHIPS NORTH AMERICA 56 2175442 TUITION CRED BOOK SCHOLARSHIPS RUSSIA AND NEIGHBORING STATES 12 343770 TUITION CRED BOOK SCHOLARSHIPS SOUTH AMERICA 22 816946 TUITION CRED BOOK SCHOLARSHIPS SOUTH ASIA 71 1015422 TUITION CRED BOOK SCHOLARSHIPS SUB-SAHARAN AFRICA 11 279497 TUITION CRED BOOK 1 0 1 1 1 1 PART I, LINE 2: GRANT MONITORING LONG ISLAND UNIVERSITY OFFERS A NUMBER OF INSTITUTIONAL GRANTS AND SCHOLARSHIPS TO QUALIFYING STUDENTS ENROLLED IN DEGREE PROGRAMS. EACH GRANT OR OTHER FORMS OF ASSISTANCE HAVE SPECIFIC AWARDING CRITERIA AND INDIVIDUAL RULES FOR SELECTION BASED ON MERIT, NEED, AND/OR PERFORMANCE. THE CAMPUS ENROLLMENT SERVICES OFFICES ARE RESPONSIBLE FOR PREPARING INDIVIDUAL STUDENT AWARD PACKAGES. THE DISBURSAL OF FINANCIAL AID IS SEGREGATED AND PERFORMED BY THE CENTRAL FINANCIAL AID OFFICE OF THE UNIVERSITY. THE STUDENT FINANCIAL SERVICES OFFICE POSTS TRANSACTIONS TO EACH INDIVIDUAL STUDENT ACCOUNT. IN ADDITION, INTERNAL CONTROLS ARE IN PLACE TO ENSURE AMOUNTS ARE AWARDED ACCURATELY TO STUDENTS WHO PROPERLY MEET AND MAINTAIN ELIGIBILITY CRITERIA. ACCOUNTING TRANSACTIONS ARE ROUTINELY RECONCILED THROUGH THE UNIVERSITY'S ERP SYSTEM AND STUDENT ACCOUNTS ARE CONSISTENTLY MONITORED BY ADMINISTRATIVE STAFF. PART I, LINE 3: METHOD USED TO ACCOUNT FOR EXPENDITURES EXPENDITURES ON PART I, LINE 3, COLUMN F ARE REPORTED ON AN ACCRUAL BASIS. LIU GALA 597725 508125 89600 39030 137884 5000 1154 TILLES SWING FOR KIDS 381687 214384 167303 101069 37383 1500 28776 3 461213 254834 206379 134406 101690 37938 22135 1440625 977343 463282 274505 276957 44438 52065 647965 -184683 1 SCHOLARSHIPS 5352 94683139 BOOK TUITION CREDIT SCHOLARSHIPS 5032960 BOOK ROOM AND BOARD PART I, LINE 2: GRANT MONITORING LONG ISLAND UNIVERSITY OFFERS A NUMBER OF INSTITUTIONAL GRANTS AND SCHOLARSHIPS TO QUALIFYING STUDENTS ENROLLED IN DEGREE PROGRAMS. EACH GRANT OR OTHER FORMS OF ASSISTANCE HAVE SPECIFIC AWARDING CRITERIA AND INDIVIDUAL RULES FOR SELECTION BASED ON MERIT, NEED, AND/OR PERFORMANCE. THE CENTERS FOR STUDENT SUCCESS & COACHING - FINANCIAL AID OFFICES ARE RESPONSIBLE FOR PREPARING INDIVIDUAL STUDENT AWARD PACKAGES. THE DISBURSEMENT OF FINANCIAL AID IS SEGREGATED AND PROCESSED BY THE UNIVERSITY'S CENTRAL FINANCIAL AID OFFICE. THE STUDENT FINANCIAL SERVICES OFFICE POSTS TRANSACTIONS TO EACH INDIVIDUAL STUDENT ACCOUNT. IN ADDITION, INTERNAL CONTROLS ARE IN PLACE TO ENSURE AMOUNTS ARE AWARDED ACCURATELY TO STUDENTS WHO PROPERLY MEET AND MAINTAIN ELIGIBILITY CRITERIA. ACCOUNTING TRANSACTIONS ARE ROUTINELY RECONCILED THROUGH THE UNIVERSITY'S ERP SYSTEM AND STUDENT ACCOUNTS ARE CONSISTENTLY MONITORED BY ADMINISTRATIVE STAFF. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 DR KIMBERLY CLINE PRESIDENT 1164250 0 0 0 20356 0 187950 0 123548 0 1496104 0 0 0 ROD STRICKLAND HEAD COACH MEN'S BASKETBALL 749045 0 0 0 2413 0 17500 0 49839 0 818797 0 0 0 CHRISTOPHER FEVOLA VP AND CHIEF FINANCIAL OFFICER 489936 0 0 0 767 0 57950 0 52818 0 601471 0 0 0 ARASH DABESTANI DEAN-PHARMACY 520436 0 0 0 0 0 27600 0 52144 0 600180 0 0 0 JOSEPH SCHAEFER CHIEF OPERATING OFFICER 445590 0 0 0 16075 0 47600 0 69744 0 579009 0 0 0 BASHAR BAROUDI VP INFORMATION TECHNOLOGY 420358 0 0 0 7404 0 57950 0 53129 0 538841 0 0 0 MOHAMMED CHERKAOUI VP RESEARCH 424650 0 0 0 0 0 27600 0 19542 0 471792 0 0 0 MICHAEL PANTALON DEAN-HEALTH PROFESSIONS 396547 0 0 0 5162 0 20188 0 49159 0 471056 0 0 0 LORETTA KNAPP ASSOCIATE PROFESSOR 91901 0 0 0 303761 0 8419 0 42007 0 446088 0 0 0 ELIZABETH CHEUNG-GAFFNEY UNIVERSITY COUNSEL 336732 0 0 0 6000 0 47600 0 49618 0 439950 0 0 0 MICHAEL BERTHEL VP STUDENT AFFAIRS 329013 0 0 0 4343 0 36102 0 61894 0 431352 0 0 0 KERRY KRUCKEL VP UNIVERSITY AFFAIRS 357720 0 0 0 6162 0 17250 0 50079 0 431211 0 0 0 ADVA DINUR ASSOCIATE PROFESSOR 116245 0 0 0 286299 0 9280 0 1202 0 413026 0 0 0 WINIFRED MACK TRUSTEE/EXEC DEAN-HLTH PROF 308399 0 0 0 9964 0 24805 0 2914 0 346082 0 0 0 CHARLES RASBERRY FMR VP UNIV ADV (THRU 8/22) 278298 0 0 0 0 0 22833 0 22713 0 323844 0 0 0 MAUREEN TUTHILL VP ACADEMIC AFFAIRS (FROM 11/24) 214603 0 0 0 0 0 17150 0 42588 0 274341 0 0 0 DEIRDRE WHITMAN FMR VP UNIV ADMISSIONS (THRU 8/22) 148619 0 0 0 60520 0 12201 0 19050 0 240390 0 0 0 PART I, LINE 1A SCHEDULE J, PART II, COLUMN D, INCLUDES NON-TAXABLE HOUSING BENEFIT OF $96,523 FOR DR. KIMBERLY CLINE, $60,883 FOR JOSEPH SCHAEFER, AND $60,883 FOR MICHAEL BERTHEL. DR. KIMBERLY CLINE, JOSEPH SCHAEFER, AND MICHAEL BERTHEL ARE REQUIRED TO RESIDE ON THE UNIVERSITY'S CAMPUS AS A CONDITION OF THEIR EMPLOYMENT. COMPENSATION AMOUNTS REPORTED ON SCHEDULE J, PART II, COLUMN B (III) INCLUDE A TAXABLE HOUSING BENEFIT OF $50,000 FOR DEIDRE WHITMAN. PART I, LINE 4B NONQUALIFIED RETIREMENT PLAN COMPENSATION AMOUNTS REPORTED ON SCHEDULE J, PART II, COLUMN B (III), INCLUDE NONQUALIFIED RETIREMENT DEFERRED COMPENSATION FOR ADVA DINUR IN THE AMOUNT OF $286,299 AND LORETTA KNAPP IN THE AMOUNT OF $303,761. THE UNIVERSITY MAINTAINS A SECTION 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN. THE FOLLOWING INDIVIDUALS PARTICIPATED IN AND/OR RECEIVED VESTED DISTRIBUTIONS FROM THE PLAN DURING THE CALENDAR YEAR 2024. THESE AMOUNTS ARE REPORTED, AS REQUIRED ON SCHEDULE J, PART II AS FOLLOWS: CURRENT YEAR DEFERRALS-(PART II, COL.(C)) DR. KIMBERLY CLINE-$150,000 ELIZABETH CHEUNG-GAFFNEY-$20,000 BASHAR BAROUDI-$20,000 CHRISTOPHER FEVOLA-$20,000 JOSEPH SCHAEFER-$20,000 A DORMITORY AUTHORITY OF THE STATE OF NEW YORK SERIES 2021A 146000293 2021-07-28 55600000 SEE PART VI. 0 0 0 A 3790000 55600000 542452 55057548 2021 1 0 1 1 A 0 1 1 1 0 0.00200 0.00200 0 0 1 A 0 1 1 0 1 0 0 0 1 A 1 PART I (F) BONDS WERE ISSUED TO REFUND REISSUED SERIES 2006A-1 BONDS ISSUED ON SEPTEMBER 23, 2015, TO REFUND REISSUED SERIES 2006A-2 BONDS ISSUED ON AUGUST 24, 2016, AND TO PAY COSTS OF ISSUANCE. PART II, LINE 13 SINCE PROCEEDS OF THE BONDS WERE USED FOR CURRENT REFUNDING PURPOSES, THE YEAR OF SUBSTANTIAL COMPLETION IS NOT APPLICABLE. THE DATE REPORTED REFLECTS THE YEAR IN WHICH THE REFUNDING PROCEEDS WERE EXPENDED. PART III, LINE 7 AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. PART IV, LINE 2(B) THE BONDS HAVE MET THE 6-MONTH EXCEPTION TO REBATE REQUIREMENT. MICHAEL FEVOLA FAMILY MEMBER 154482 EMP. COMP. 0 SCHEDULE L, PART IV CHRISTOPHER FEVOLACHRISTOPHER FEVOLA IS AN OFFICER OF THE UNIVERSITY AND HIS BROTHER, MICHAEL FEVOLA, IS AN EMPLOYEE OF THE UNIVERSITY. X 7 974421 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 1 - ORGANIZATION'S MISSION BRIEF DESCRIPTION OF ORGANIZATION'S MISSION TO PROVIDE EXCELLENCE AND ACCESS IN PRIVATE HIGHER EDUCATION TO PEOPLE FROM ALL BACKGROUNDS WHO SEEK TO EXPAND THEIR KNOWLEDGE AND PREPARE THEMSELVES FOR MEANINGFUL, EDUCATED LIVES AND FOR SERVICE TO THEIR COMMUNITIES AND THE WORLD. FORM 990, PART III, LINE 1 MISSION: ACCESS AND EXCELLENCE LONG ISLAND UNIVERSITY WAS FOUNDED ON THE PRINCIPLE OF EDUCATING AND EMPOWERING MEN AND WOMEN FROM ALL WALKS OF LIFE. THROUGH OUR MISSION OF ACCESS AND EXCELLENCE, THE LIU COMMUNITY REMAINS COMMITTED, ABOVE ALL ELSE TO THE EDUCATIONAL NEEDS AND INTERESTS OF OUR DIVERSE STUDENT BODY. WE STRIVE TO CULTIVATE AND EXPAND ACADEMIC, PROFESSIONAL, ARTISTIC AND CO-CURRICULAR OPPORTUNITIES, ENABLING STUDENTS TO REALIZE THEIR FULL POTENTIAL AS ETHICALLY GROUNDED, INTELLECTUALLY VIGOROUS AND SOCIALLY RESPONSIBLE GLOBAL CITIZENS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM (KPMG) BASED ON INFORMATION PROVIDED BY THE BUSINESS AND FINANCE DIVISION OF THE UNIVERSITY. THE AUDIT COMMITTEE THEN REVIEWS THE FORM 990 IN A MEETING ATTENDED BY COMMITTEE MEMBERS, MANAGEMENT AND THE INDEPENDENT ACCOUNTANTS. A COPY OF THE FINAL FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN WITH THE IRS. THE AUDIT COMMITTEE CHAIR, CHIEF FINANCIAL OFFICER AND THE INDEPENDENT ACCOUNTANTS ARE AVAILABLE TO THE BOARD FOR QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ANNUALLY COMPLETE A QUESTIONNAIRE TO DISCLOSE POTENTIAL CONFLICTS. THE QUESTIONNAIRE INCLUDES KEY DEFINITIONS AND EXAMPLES. IN ADDITION, THE CONFLICT OF INTEREST POLICY IS ANNUALLY REVIEWED WITH OFFICERS, DIRECTORS AND KEY EMPLOYEES AND THE SAME ARE REGULARLY REMINDED TO DISCLOSE ANY CHANGES. FOR ALL ACTUAL OR POTENTIAL CONFLICTS THAT ARE IDENTIFIED BY MANAGEMENT, THE AFFECTED PERSON IS ASKED TO RECUSE HIMSELF OR HERSELF FROM ALL DELIBERATIONS, TRANSACTIONS, NEGOTIATIONS AND OTHER MATTERS RELATING TO ANY SUCH INTEREST. NEW OFFICERS, DIRECTORS AND KEY EMPLOYEES UNDERGO AN ORIENTATION WHICH INCLUDES A REVIEW OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE UNIVERSITY PRESIDENT AND OTHER UNIVERSITY OFFICERS IS ESTABLISHED BY A PROCESS THAT INCLUDES THE USE OF EXTERNALLY PROVIDED COMPARABILITY DATA, REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES, AND CONTEMPORANEOUS RECORDKEEPING OF DELIBERATIONS AND DECISIONS. THE COMPENSATION COMMITTEE CONSISTS OF THE CHAIR OF THE BOARD OF TRUSTEES, THE SECRETARY AND THE UNIVERSITY CHANCELLORS. THE PRESIDENT DOES NOT PARTICIPATE IN THE SETTING/REVIEW OF HER COMPENSATION AND ALL DECISIONS ARE MADE BY INDEPENDENT PERSONS WITHOUT A CONFLICT OF INTEREST WITH RESPECT TO COMPENSATION ARRANGEMENTS. THE UNIVERSITY ENGAGES AN OUTSIDE CONSULTING FIRM TO REVIEW THE COMPARABLES AND TO ASSIST THE COMMITTEE IN ITS DELIBERATIONS. THE CONSULTING FIRM REVIEWS COMPENSATION OF THE UNIVERSITY'S OFFICERS IN COMPARISON TO THOSE OFFICERS OF OTHER UNIVERSITIES. THEIR REPORT IS PRESENTED TO THE EXECUTIVE COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES. THE MOST RECENT REVIEW TOOK PLACE IN SEPTEMBER 2025. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENT REVIEW POLICY LONG ISLAND UNIVERSITY PUBLISHES AN ANNUAL REPORT TO THE COMMUNITY WHICH INCLUDES FINANCIAL STATEMENT HIGHLIGHTS. THIS REPORT IS AVAILABLE ON THE UNIVERSITY'S WEBSITE. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE GENERAL PUBLIC ON REQUEST. THE 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: POSTRETIREMENT CHANGES -6,316,382. CHANGE IN FMV OF INTEREST RATE SWAP AGREEMENTS 829,167. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 35,497. OTHER RECLASSIFICATIONS -60,252. OLD TENNIS CLUB 700 NORTHERN BLVD BROOKVILLE NY 11548 112347433 TENNIS CLUB NY 501(C)(3) LINE 12A, I LIU 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0