2024-04-03T09:41:23-05:00 2023-06-30 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2022-07-01 160743126 ROBERTS WESLEYAN UNIVERSITY % LAURIE J LEO ROBE 5855946000 2301 WESTSIDE DRIVE ROCHESTER NY 14624 LAURIE J LEO CHIEF FINANCIAL OFFI 5855946861 2023-11-15 true LAURIE J LEO 999009999 Lauren R Denton P01571860 2604604000 2 2022 2023-04-26 12:10:37Z X RUPERT A HAYLES JR 2301 WESTSIDE DRIVE ROCHESTER NY 14624 67432352 false X WWW.ROBERTS.EDU X 1866 NY A COMMUNITY OF LEARNERS COMMITTED TO HISTORIC CHRISTIANITY, RWU SEEKS TO PREPARE THOUGHTFUL, SPIRITUALLY MATURE, SERVICE-ORIENTED PEOPLE WHO WILL TRANSFORM SOCIETY. 24 24 1105 53 11491 8100 9668833 4546554 47905851 47614972 2064035 1317302 1368525 1275761 61007244 54754589 19830943 18319118 0 0 22131200 23407974 0 0 227263 17106994 18095073 59069137 59822165 1938107 -5067576 131385408 129173701 29017225 30215616 102368183 98958085 X AS NEW YORK'S LEADING UNIVERSITY FOR CHARACTER EDUCATION, RWU IS A COMMUNITY OF LEARNERS COMMITTED TO HISTORIC CHRISTIANITY, WHICH SEEKS TO PREPARE THOUGHTFUL, SPIRITUALLY MATURE, SERVICE-ORIENTED PEOPLE WHO WILL TRANSFORM SOCIETY. false false 54161286 18319118 48891595 ROBERTS IS AN INNOVATIVE AND DISTINCTIVE CHRISTIAN UNIVERSITY OFFERING EXCELLENCE IN 90 PLUS LIBERAL ARTS AND PROFESSIONAL PROGRAMS. THE UNIVERSITY PREPARES STUDENTS FOR SERVICE TO HUMANITY IN BUSINESS, THE ARTS AND A VARIETY OF HUMAN SERVICE FIELDS. DURING THE 22-23 FISCAL YEAR, OVER 1700 STUDENTS WERE ENROLLED. 54161286 true true false false false false false false false true true true false false true false true true true false true false false false true false false false true true true false false false false false false false false false false false false false false false true true true false false true 142 0 1105 true true true true CJ LU false false false true true false false false false false false X 24 24 false false false false false false false true true false false false true true true true true true true false NY X LAURIE J LEO 5855946000 2301 WESTSIDE DRIVE ROCHESTER NY 14624 DEANA PORTERFIELD PRESIDENT (LEFT 06/23) 50.0 4.0 X 229475 0 50387 LAURIE LEO CHIEF FINANCIAL OFFICER 40.0 6.0 X 152367 0 2286 ALEXANDER JONES VP FOR ADVANCEMENT 40.0 2.0 X 119551 0 22106 DAVID BASINGER CHIEF ACADEMIC OFFICER 40.0 0.0 X 130753 0 10163 KIMBERLEY WIEDEFELD VP FOR ENROLLMENT MANAGEMENT 45.0 0.0 X 107074 0 26055 JENNIFER AUBE PROFESSOR 40.0 0.0 X 100207 0 28881 CHERYL REPASS PROFESSOR 40.0 0.0 X 100978 0 25253 KRISTEN BROWN VP FOR STUDENT & ORG DEVELOP 40.0 2.0 X 107520 0 8681 BENJAMIN ESPINOZASTART 722 VP NORTHEASTERN SEMINARY 2.0 40.0 X 91600 0 22980 MICHELE KRAYNIK PROFESSOR 40.0 0.0 X 103125 0 2756 JASON TAYLOR PROFESSOR 40.0 0.0 X 104213 0 1256 KATIE HEATH ASSOCIATE PROFESSOR 40.0 0.0 X 100790 0 2218 BARBARA J ROSE TRUSTEE 2.0 2.0 X 0 0 0 CARYL L WENZKE TRUSTEE 2.0 2.0 X 0 0 0 CHAD W GOODCHILD TRUSTEE 2.0 2.0 X 0 0 0 DAVID B RINKER TRUSTEE 2.0 2.0 X 0 0 0 DEBORAH J WHITE TRUSTEE 2.0 2.0 X 0 0 0 DEBORAH K SCHMIDT VICE CHAIR 2.0 2.0 X X 0 0 0 DUNCAN O'DWYER TRUSTEE 2.0 2.0 X 0 0 0 EMERSON U FULLWOOD TRUSTEE 2.0 2.0 X 0 0 0 ERIC W LOGAN START 1022 TRUSTEE 2.0 2.0 X 0 0 0 LYN BARNETT LEFT 0123 TRUSTEE 2.0 2.0 X 0 0 0 GUY R ADAMS TRUSTEE 2.0 2.0 X 0 0 0 HERBERT J ALEXANDER TRUSTEE (START 10/22) 2.0 2.0 X 0 0 0 HOLLY M HILBERG TRUSTEE 2.0 2.0 X 0 0 0 JANET L BALAJTHY TRUSTEE 2.0 2.0 X 0 0 0 JOHN M JENNINGS TRUSTEE (START 10/22) 2.0 2.0 X 0 0 0 KEVIN W MANNOIA VICE CHAIR 2.0 2.0 X X 0 0 0 MAURICIO F RIVEROS TRUSTEE 2.0 2.0 X 0 0 0 PAUL A LYSANDER TRUSTEE 2.0 2.0 X 0 0 0 RAMONA GRAHAM TRUSTEE 2.0 2.0 X 0 0 0 LINDA ADAMS TRUSTEE 2.0 2.0 X 0 0 0 PAMELA BRAMAN TRUSTEE 2.0 2.0 X 0 0 0 TERRY R TABER CHAIR 2.0 2.0 X X 0 0 0 TIMOTHY R HARNER SECRETARY 2.0 2.0 X X 0 0 0 WAYNE G MCCOWN TRUSTEE 2.0 2.0 X 0 0 0 WESLEY R SKINNER JR TRUSTEE 2.0 2.0 X 0 0 0 DWIGHT PALMER LEFT 1022 TRUSTEE 2.0 2.0 X 0 0 0 1447653 0 203022 11 false true false HARTER SECREST AND EMERY LLP 1600 BAUSCH AND LOMB PLACE ROCHESTER NY 14604 LEGAL SERVICES 171676 HOME LEASING CONSTRUCTION LLC 75 S CLINTON AVE SUITE 700 ROCHESTER NY 14604 CONSTRUCTION SERVICE 7709329 FORVIS LLP PO BOX 200870 DALLAS TX 75320 AUDIT/TAX 115062 3 15167 821832 3709555 4546554 TUITION AND FEES 611310 42310299 42310299 SALES & SERVICES OF AUXILIARY ENTERPRISES 611310 4569161 4569161 OTHER PROGRAM REVENUE 611310 735512 735512 47614972 1257677 11491 1246186 0 0 0 0 0 12715171 16700 12659754 12492 55417 4208 59625 59625 4655 15167 5517 -862 -862 0 0 0 0 0 0 OTHER REVENUE 611710 569309 569309 REIMBURSEMENTS 611710 707314 707314 1276623 54754589 48891595 11491 1304949 0 18319118 18319118 0 0 434514 377787 50388 6339 0 20772646 18632271 1988253 152122 22500 20169 2163 168 2178314 1952637 209401 16276 0 0 249675 249675 88719 88719 0 0 126105 126105 2082966 1854405 228561 794810 794810 874175 783609 84034 6532 385016 385016 0 2147972 1925438 206484 16050 685297 614299 65878 5120 0 173658 156839 16819 727655 657179 70476 0 3299583 2957739 317188 24656 549646 549646 ALL OTHER EXPENSES 2587834 2587834 ACADEMIC SUPPLIES, BOOKS, ETC 103808 103808 EQUIPMENT AND EVENTS 2986170 2986170 ALLOWANCE FOR BAD DEBTS 231984 231984 59822165 54161286 5433616 227263 9444 9394 10150447 5650095 1940365 1952496 4001748 4168104 0 0 0 0 942487 388582 28927 28927 175582 303941 145216636 74757506 67050540 70459130 28003807 28682829 15389835 15779631 0 0 0 0 3692226 1750572 131385408 129173701 2437598 2164350 0 0 2369485 1853958 15751895 18574736 0 0 0 0 0 0 0 0 8458247 7622572 29017225 30215616 X 61524904 68050298 40843279 30907787 102368183 98958085 131385408 129173701 X -5067576 1102732 554746 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32847246 506640 2343351 1746776 8833 33941628 35202803 1808525 -2867349 744559 552174 32847246 28915629 959612 7059503 1236062 495879 35202803 27933763 1691570 790501 1167256 332949 28915629 27989144 568713 1079907 1105288 598713 27933763 0.34020 0.65980 true false 2062189 2062189 109694967 47926691 61768277 110302 86928 23374 26563963 21903955 4660008 6785215 4839933 1945282 70459130 7953393 F CASH SURRENDER VALUE LIFE INS. 643969 F INVESTMENT IN AFFILIATE 7182269 F 15779631 0 PRESENT VALUE OF ANNUITIES PAY 1310203 INTEREST - RATE SWAP LIABILITY 7136 ASSET RETIREMENT OBLIGATION 857589 FUNDS HELD FOR NORTHEASTERN SE 4223956 REFUNDABLE GRANT 1207613 CAPITAL LEASE OBLIGATION 16075 7622572 37384420 1102732 5517 1108249 36276171 18478418 18478418 54754589 41349264 5517 5517 41343747 18478418 18478418 59822165 SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS ARE HELD TO FINANCE PROJECTS AND SCHOLARSHIPS IN ORDER TO MEET THE GOALS OF THIS CHRISTIAN INSTITUTION IN HIGHER EDUCATION. SCHEDULE D, 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 & XII LINE 2D SPECIAL EVENTS $ 5,517 SCHEDULE D, PART XI & XII, LINE 4B STUDENT FINANCIAL AID $18,478,418 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 ROBERTS WESLEYAN UNIVERSITY COMPLIES WITH ALL APPLICABLE NON-DISCRIMINATORY LAWS AND IS COMMITTED TO OUR ENHANCEMENT OF HUMAN DIGNITY AND WORKPLACE DIVERSITY. THIS IS ADVERTISED IN EMPLOYMENT RELATED ADS AND ON OUR WEBSITE AT WWW.ROBERTS.EDU. SCHEDULE E, PART I, LINE 6A ROBERTS WESLEYAN RECEIVES GRANTS FROM BOTH FEDERAL AND NEW YORK STATE GOVERNMENTS. THIS INCLUDES AID ADMINISTERED THROUGH THE PERKINS LOAN AND PELL GRANT PROGRAMS, SEOG, AND COLLEGE WORK-STUDY (FEDERAL) AND BUNDY AID, TAP, AND NURSING GRANTS RECEIVED THROUGH NEW YORK STATE. THE UNIVERSITY PARTICIPATES IN THE FEDERAL DIRECT LOAN PROGRAM, WHICH PROVIDES LOANS TO ELIGIBLE STUDENTS SUBJECT TO FEDERAL LIMITATIONS AND CREDIT HISTORY OF THE INDIVIDUAL STUDENT. THESE AMOUNTS ARE USED IN DIRECT AND INDIRECT SUPPORT OF STUDENTS, TO HELP OFFSET, IN PART, THE COSTS OF TUITION, BOOKS AND OTHER COSTS OF ATTENDANCE. ADDITIONALLY, THE UNIVERSITY MAY RECEIVE CAPITAL GRANTS FROM BOTH FEDERAL AND STATE AGENCIES WHICH ARE USED TO HELP UPGRADE FACILITIES. true CENTRAL AMERICA/CARIBBEAN PASSIVE INVESTMENTS 5646023 EUROPE PASSIVE INVESTMENTS 379903 6025926 6025926 true false false false false false GOLF OUTING 19822 15167 4655 250 2640 2084 543 0 19822 15167 4655 250 2640 2084 543 5517 -862 true SCHOLARSHIP ASSISTANCE 1564 18319118 SCHEDULE I, PART I, LINE 2 OUR FINANCIAL AID OFFICE AWARDS SCHOLARSHIPS TO STUDENTS BASED ON SUBMITTED FAFSA DATA AND ACADEMIC PERFORMANCE. THE FINANCIAL AID OFFICE IS RESPONSIBLE FOR ENSURING COMPLIANCE WITH ALL RELEVANT STATE AND FEDERAL REQUIREMENTS RELATIVE TO GRANT-BASED AID. THIS SCHOLARSHIP ASSISTANCE TO STUDENTS REDUCES THE NET AMOUNT PAYABLE TO THE UNIVERSITY. X X X true true X X X false false false false false false false false false DEANA PORTERFIELD PRESIDENT (LEFT 06/23) 226961 0 2514 24060 26327 279862 LAURIE LEO CHIEF FINANCIAL OFFICER 152367 0 0 2286 0 154653 SCHEDULE J, PART I, LINE 1A THE PRESIDENT OF ROBERTS IS CONSIDERED A KEY REPRESENTATIVE OF THE UNIVERSITY AND THEREFORE TRAVEL COSTS RELATED TO CERTAIN OFFICIAL UNIVERSITY MEETINGS ARE NONTAXABLE TO THE PRESIDENT. THE UNIVERSITY PRESIDENT RESIDES IN UNIVERSITY PROVIDED HOUSING WHICH ALSO SERVES AS A PLACE FOR MEETINGS WITH UNIVERSITY GUESTS, STUDENTS, DONORS, AND ALUMNI AT VARIOUS TIMES THROUGHOUT THE YEAR. THE UNIVERSITY PAYS ANNUAL DUES FOR THE PRESIDENTS DINING CLUB MEMBERSHIP TO PROVIDE A QUALITY, OFF-CAMPUS MEETING VENUE. THE PRESIDENT IS THE ONLY INDIVIDUAL ABLE TO USE, SOLELY FOR UNIVERSITY RELATED PURPOSES. A MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION 510188852 2014-03-14 26000000 SCIENCE AND NURSING BUILDING false false false A 10932300 0 26000000 0 293818 0 520502 0 0 19471547 0 0 2017 false false false true A false false false false 0 false false false false A false false false false true false 0 false 0 false false A false SUPPLEMENTAL INFORMATION ROBERTS WESLEYAN UNIVERSITY HAS ANSWERED NO TO PART III LINE 9, PART IV LINE 7, AND PART V. THE UNIVERSITY IS IN THE PROCESS OF ESTABLISHING POLICIES AND PROCEDURES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL WITH THE MEMBERS OF THE BOARD'S BUSINESS AFFAIRS COMMITTEE. THE FULL BOARD IS PROVIDED A COPY OF FORM 990 WITHOUT SCHEDULE B FOR REVIEW. AN INDEPENDENT ACCOUNTING FIRM ALSO REVIEWS THE 990 BEFORE SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES SHALL DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. NO TRUSTEE SHALL VOTE ON ANY MATTER, UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH THE TRUSTEE HAS A CONFLICT OF INTEREST. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE TRUSTEE HAVING A CONFLICT OF INTEREST ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD OR COMMITTEE TO RESOLVE THE QUESTIONS BY MAJORITY VOTE. A REPORT OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS UNDERTAKEN BY THE FINANCE OFFICE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A A PERIODIC COMPENSATION REVIEW IS PERFORMED FOR THE PRESIDENT BY THE BOARD'S COMPENSATION COMMITTEE AND THE VICE PRESIDENT FOR STUDENT AND ORGANIZATIONAL DEVELOPMENT. THE REVIEW INCLUDES INFORMATION FROM PEER AND INDUSTRY DATA TO DETERMINE EQUITABLE, COMPETITIVE COMPENSATION. THIS COMES FROM BOTH LOCAL AND NATIONAL PAY DATABASES. GENERALLY, SALARIES ARE TIED TO A COMBINATION OF CUPA, ATS, AND LOCAL BENCHMARKS. THE COMPENSATION REVIEW WAS CONDUCTED BY THE COMPENSATION COMMITTEE IN 2018, COVERING THE PERIOD THROUGH JUNE OF 2023. FORM 990, PART VI, SECTION B, LINE 15B AN ANNUAL COMPENSATION REVIEW IS PERFORMED BY THE PRESIDENT AND THE VICE PRESIDENT FOR STUDENT AND ORGANIZATIONAL DEVELOPMENT. THIS REVIEW INCLUDES COMPARABILITY DATA FROM THE NATIONAL PAY DATABASES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 RECONCILIATION OF NET ASSETS CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 92,859 CHANGE IN LOSS ON INTEREST RATE SWAP CONTRACTS 72,091 INCOME FROM AFFILIATES 389,796 TOTAL $554,746 NORTHEASTERN SEMINARY 2301 WESTSIDE DRIVE ROCHESTER NY 14624 161554414 EDUCATION NY 501(C)(3) 2 RWU true HOUSING DEVELOPMENT FOUNDATION INC 2301 WESTSIDE DRIVE ROCHESTER NY 14624 161583317 HOUSING NY 501(C)(3) 10 NA false false true false false false false false false false true true true false false false false true true true HOUSING DEVELOPMENT FOUNDATION INC B 99900 FMV NORTHEASTERN SEMINARY K 67026 SQ FOOTAGE NORTHEASTERN SEMINARY L 68416 ALLOCATION NORTHEASTERN SEMINARY Q 1672847 ALLOCATION HOUSING DEVELOPMENT FOUNDATION INC Q 648147 ALLOCATION HOUSING DEVELOPMENT FOUNDATION INC R 684470 RES LIFE COUNT