PACE UNIVERSITY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- PACE UNIVERSITY (EIN 13-5562314)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-04-19
- IRS object ID
- 202441109349300219
- Schema version
- 2022v5.0
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-19T09:54:45-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PwC US Tax LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MARKET ST SUITE 1800 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135562314 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PACE UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ROBERT C ALMON | InCareOfNm |
| Business Name Control | PACE | BusinessNameControlTxt |
| Phone | 9149232402 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PACE PLAZA | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100381598 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH CAPPARELLI | PersonNm |
| Person Title | VP FIN, CNTRLLR, CCO | PersonTitleTxt |
| Phone | 9149232402 | PhoneNum |
| Signature | 2024-04-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOSEPH | PersonFirstNm |
| Person Last | CAPPARELLI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SAPNA P VASU | PreparerPersonNm |
| PTIN | P00545692 | PTIN |
| Phone | 2673303000 | PhoneNum |
| Preparation | 2024-04-18 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARVIN KRISLOV | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PACE PLAZA | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100381598 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $792,846,979 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PACE.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1906 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | PACE UNIVERSITY CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF ITS QUALIFIED AND DIVERSE STUDENT POPULATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 36 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 34 | VotingMembersIndependentCnt |
| Total Employee | 4945 | TotalEmployeeCnt |
| Total Volunteers | 1600 | TotalVolunteersCnt |
| Total Gross UBI | $39,630 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $27,814,321 | PYContributionsGrantsAmt |
| CY Contributions Grants | $53,074,917 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $572,635,259 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $615,166,283 | CYProgramServiceRevenueAmt |
| PY Investment Income | $25,461,881 | PYInvestmentIncomeAmt |
| CY Investment Income | $12,209,697 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,894,892 | PYOtherRevenueAmt |
| CY Other Revenue | $2,131,689 | CYOtherRevenueAmt |
| PY Total Revenue | $627,806,353 | PYTotalRevenueAmt |
| CY Total Revenue | $682,582,586 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $214,515,973 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $224,885,069 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $196,874,033 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $225,260,628 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $633,125 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $469,571 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $8,164,033 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $174,130,721 | PYOtherExpensesAmt |
| CY Other Expenses | $187,528,073 | CYOtherExpensesAmt |
| PY Total Expenses | $586,153,852 | PYTotalExpensesAmt |
| CY Total Expenses | $638,143,341 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $41,652,501 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $44,439,245 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,093,406,747 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,300,057,209 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $696,807,936 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $837,516,531 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $396,598,811 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $462,540,678 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PACE UNIVERSITY EDUCATES STUDENTS TO BE "THINKING PROFESSIONALS", HIGHLY SOUGHT AFTER AS INNOVATORS AND SUCCESSFUL LEADERS WHO POSITIVELY IMPACT TWENTY-FIRST CENTURY SOCIETY. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $144,354,219 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $532,664,702 | RevenueAmt |
| Desc | INSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $224,885,069 | ExpenseAmt |
| Grant | $224,885,069 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $82,257,773 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $73,707,134 | RevenueAmt |
| Desc | AUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $62,581,916 | $0 | $6,332,426 | ACADEMIC SUPPORT |
| $43,954,957 | $0 | $2,462,013 | STUDENT SERVICES |
| $4,269,421 | $0 | $8 | RESEARCH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $110,806,294 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $8,794,447 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $562,303,355 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | 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 | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | 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 | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | Yes (true) | 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 | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 519 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 4945 | 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 | false | ForeignFinancialAccountInd |
| 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 | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 36 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 34 | 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 | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | 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 |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT C ALMON | PersonNm |
| Phone | 2123461227 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SUMMIT LAKE DR 3RD FL | AddressLine1Txt |
| City | VALHALLA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10595 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (71 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| MARVIN KRISLOV | ||||||||||
| TRUSTEE, PRESIDENT | 40.0 | 0.0 | Yes (X) | Yes (X) | $761,649 | $0 | $339,973 | |||
| ROBERT C ALMON | ||||||||||
| EVP & CFO | 40.0 | 0.0 | Yes (X) | $410,602 | $0 | $60,850 | ||||
| LAWRENCE SINGLETON | ||||||||||
| DEAN, LUBIN SCHOOL OF BUSINESS | 40.0 | 0.0 | $362,753 | $0 | $70,876 | Yes (X) | ||||
| HORACE ANDERSON | ||||||||||
| DEAN, SCHOOL OF LAW | 40.0 | 0.0 | $351,113 | $0 | $77,514 | Yes (X) | ||||
| LAUREN BIRNEY | ||||||||||
| PROFESSOR | 40.0 | 0.0 | $384,414 | $0 | $37,484 | Yes (X) | ||||
| GARY LAERMER | ||||||||||
| VP DEV & ALUM RLTNS | 40.0 | 0.0 | Yes (X) | $369,289 | $0 | $45,650 | ||||
| JOSEPH A CAPPARELLI | ||||||||||
| VP FIN, CONTROLLER & COO | 40.0 | 0.0 | Yes (X) | $340,645 | $0 | $72,305 | ||||
| JONATHAN HILL | ||||||||||
| DEAN, SEIDENBERG SCHOOL | 40.0 | 0.0 | $292,048 | $0 | $99,687 | Yes (X) | ||||
| MICHELLE S SIMON | ||||||||||
| PROFESSOR | 40.0 | 0.0 | $301,890 | $0 | $67,448 | Yes (X) | ||||
| VANYA QUINONES | ||||||||||
| PRVT,EVP ACAD AFFAR TILL 8/22 | 40.0 | 0.0 | Yes (X) | $319,065 | $0 | $35,793 | ||||
| ROBINA C SCHEPP | ||||||||||
| VP FOR ENROLLMENT & PLACEMENT | 40.0 | 0.0 | Yes (X) | $308,975 | $0 | $45,103 | ||||
| MARCUS TYE | ||||||||||
| DEAN, COLLEGE OF HEALTH PROFES | 40.0 | 0.0 | $292,670 | $0 | $60,730 | Yes (X) | ||||
| TRESMAINE GRIMES | ||||||||||
| DEAN, DYSON COLLEGE | 40.0 | 0.0 | $305,521 | $0 | $45,103 | Yes (X) | ||||
| JASON CZARNEZKI | ||||||||||
| PROFESSOR | 40.0 | 0.0 | $304,413 | $0 | $44,955 | Yes (X) | ||||
| BRIDGET CRAWFORD | ||||||||||
| PROFESSOR | 40.0 | 0.0 | $285,583 | $0 | $62,852 | Yes (X) | ||||
| JOSEPH FRANCO | ||||||||||
| PROVOST, EVP ACAD AFFR AS 9/22 | 40.0 | 0.0 | Yes (X) | $283,583 | $0 | $52,877 | ||||
| YA TANG | ||||||||||
| PROFESSOR | 40.0 | 0.0 | $271,830 | $0 | $62,496 | Yes (X) | ||||
| NICOLE THOMPSON | ||||||||||
| SR. VP OPERAT. (AS OF 7/15/22) | 40.0 | 0.0 | Yes (X) | $280,507 | $0 | $53,199 | ||||
| MARY BAGLIVO | ||||||||||
| VP UNIV RELATIONS | 40.0 | 0.0 | Yes (X) | $286,100 | $0 | $43,688 | ||||
| IBOLYA YOLAS | ||||||||||
| VP UNIV FACILITIES & CAP PROJ | 40.0 | 0.0 | Yes (X) | $243,068 | $0 | $53,209 | ||||
| NIRA HERRMANN | ||||||||||
| FORMER DEAN, DYSON COLLEGE | 40.0 | 0.0 | $264,693 | $0 | $24,554 | Yes (X) | ||||
| JEAN C GALLAGHER | ||||||||||
| VP STRATEGIC INITIATIVES | 40.0 | 0.0 | Yes (X) | $212,307 | $0 | $68,410 | ||||
| RICHARD SCHLESINGER | ||||||||||
| FRMR DEAN, DYSON COLLEGE | 40.0 | 0.0 | $222,083 | $0 | $51,233 | Yes (X) | ||||
| LISA VALENTINO | ||||||||||
| FRMR INTERIM VP & GC (10/1-4/3 | 40.0 | 0.0 | Yes (X) | $230,414 | $0 | $36,666 | ||||
| CINDY HEILBERGER | ||||||||||
| VP FOR CORPORATE SECRETARY | 40.0 | 0.0 | Yes (X) | $217,966 | $0 | $44,233 | ||||
| BETH GORDON | ||||||||||
| INTRM VP IT & CIO (AS OF 08/16 | 40.0 | 0.0 | Yes (X) | $203,607 | $0 | $41,723 | ||||
| SONIA SUCHDAY | ||||||||||
| TRUSTEE, FT FACULTY MEMBER | 40.0 | 0.0 | Yes (X) | $205,816 | $0 | $32,087 | ||||
| HARRIET R FELDMAN | ||||||||||
| FRMR DEAN, COLLEGE HEALTH PROF | 40.0 | 0.0 | $180,656 | $0 | $41,653 | Yes (X) | ||||
| LEILA FRANCHI | ||||||||||
| FORMER VP FOR UNIV RELATIONS | 40.0 | 0.0 | $154,209 | $0 | $60,084 | Yes (X) | ||||
| THOMAS M BRADY | ||||||||||
| TREASURER | 40.0 | 0.0 | Yes (X) | $194,085 | $0 | $18,302 | ||||
| SUSAN DONAHUE | ||||||||||
| FRMR INTM, AVP HR TILL 9/21 | 40.0 | 0.0 | Yes (X) | $150,303 | $0 | $54,658 | ||||
| PAUL DAMPIER | ||||||||||
| FRMR VP FOR IT & CIO THRU 8/15 | 40.0 | 0.0 | Yes (X) | $162,094 | $0 | $32,642 | ||||
| BERNARD DUFRESNE | ||||||||||
| INTERIM AVP, CDO (AS OF 11/16) | 40.0 | 0.0 | Yes (X) | $163,828 | $0 | $30,605 | ||||
| ALEXIS SANDLER | ||||||||||
| VP & GNL COUNSEL THRU 9/30/22 | 40.0 | 0.0 | Yes (X) | $148,022 | $0 | $30,158 | ||||
| TIFFANY HAMILTON | ||||||||||
| FRMR AVP, D&I, CDO TILL 10/15 | 40.0 | 0.0 | Yes (X) | $146,849 | $0 | $27,768 | ||||
| JEFFREY BARNETT | ||||||||||
| VP STUDENT AFFR & DEAN AS 10/1 | 40.0 | 0.0 | Yes (X) | $67,339 | $0 | $17,225 | ||||
| NILA BHAUMIK | ||||||||||
| VP FOR HUMAN RES (AS OF 10/22) | 40.0 | 0.0 | Yes (X) | $74,458 | $0 | $7,021 | ||||
| PETA-GAY CLARKE | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $3,051 | $0 | $0 | ||||
| PHOTEINE M ANAGNOSTOPOULOS | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MARK M BESCA | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL A CLINTON | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL DISIMONE | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| CHRISTOPHER A EDWARDS | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| JOSEPH R FICALORA | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MARKI FLANNERY | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN A GERSON | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| THOMAS GIBBONS | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| CYNTHIA GREER GOLDSTEIN | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| BARRY M GOSIN | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| LILIANE A HAUB | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| HEMANT KHEMKA | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID Z HIRSH | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| JOSEPH IANNIELLO | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| CHARLES MAK | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MARTIN MCELROY | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| AUDREY MURPHY | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| DONNA MURPHY | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN T O'CONNOR | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| THOMAS J QUINLAN III | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT ROBOTTI | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| CHRISTOPHER ROKER | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT S SANDS | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| IVAN G SEIDENBERG | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| ZUBEEN SHROFF | ||||||||||
| TRUSTEE, LEFT DURING FY2023 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| SHAUN E SMITH | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| LANA BAILEY-TAMARO | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| EUGENE M TOBIN | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MARIE J TOULANTIS | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT TUCKER | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| SUSAN S WALLACH | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD F ZANNINO | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,903,181 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,656,888 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 518 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Collins Building Services | |||||
| 24-01 44th Road 15th Fl | LONG ISLAND CITY | NY | 11101 | CLEANING | $10,928,429 |
| Chartwells Dining Service | |||||
| 303 Crossways Park Drive | WOODBURY | NY | 11797 | FOOD SERVICES | $14,992,906 |
| Allied Universal Security Services | |||||
| Eight Tower Bridge 161 Washington | CONSHOHOCKEN | PA | 19428 | SECURITY | $7,388,641 |
| Andron Construction Corp | |||||
| 21 Anderson Lane | GOLDENS BRIDGE | NY | 10526 | Construction | $2,503,799 |
| NYCAN Builders LLC | |||||
| 151 W 19th St 4th FL | NEW YORK | NY | 10011 | Construction | $2,447,316 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 175 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,851,549 | FundraisingAmt |
| Government Grants | $15,880,130 | GovernmentGrantsAmt |
| All Other Contributions | $35,343,238 | AllOtherContributionsAmt |
| Noncash Contributions | $1,071,630 | NoncashContributionsAmt |
| Total Contributions | $53,074,917 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 900099 | $540,310,960 | $540,310,960 |
| DORMITORY RENTALS | 900099 | $58,261,489 | $58,261,489 |
| FOOD SERVICE REVENUE | 900099 | $15,445,645 | $15,445,645 |
| ACADEMIC ACTIVITIES | 900099 | $955,539 | $955,539 |
| BOOKSTORE COMMISSIONS | 900099 | $97,958 | $97,958 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $94,692 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $94,692 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $615,166,283 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,880,529 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $39,630 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,840,899 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $104,724 | TotalRevenueColumnAmt |
| Exclusion | $104,724 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $167,457 | TotalRevenueColumnAmt |
| Exclusion | $167,457 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,074,466 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $980,669 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $93,797 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $93,797 | TotalRevenueColumnAmt |
| Exclusion | $93,797 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $112,702,042 | SecuritiesAmt |
| Other | $1,937,608 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $108,415,206 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,286,836 | SecuritiesAmt |
| Other | $1,937,608 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,224,444 | TotalRevenueColumnAmt |
| Exclusion | $6,224,444 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $421,351 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,851,549 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $868,518 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$447,167 | TotalRevenueColumnAmt |
| Exclusion | -$447,167 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| CONFERENCE CENTER AND OTHER REVENUE | 532310 | $2,303,268 | $2,303,268 |
| FUNDS HELD BY TRUSTEES | 900099 | $14,334 | $14,334 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,317,602 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $682,582,586 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $615,166,283 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $39,630 | UnrelatedBusinessRevenueAmt |
| Exclusion | $14,301,756 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $224,885,069 | TotalAmt |
| Program Services | $224,885,069 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,527,392 | TotalAmt |
| Program Services | $2,816,807 | ProgramServicesAmt |
| Management And General | $5,118,228 | ManagementAndGeneralAmt |
| Fundraising | $592,357 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,459,592 | TotalAmt |
| Program Services | $140,211,762 | ProgramServicesAmt |
| Management And General | $21,690,792 | ManagementAndGeneralAmt |
| Fundraising | $3,557,038 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,010,679 | TotalAmt |
| Program Services | $9,330,537 | ProgramServicesAmt |
| Management And General | $1,443,436 | ManagementAndGeneralAmt |
| Fundraising | $236,706 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,109,180 | TotalAmt |
| Program Services | $23,819,940 | ProgramServicesAmt |
| Management And General | $3,684,951 | ManagementAndGeneralAmt |
| Fundraising | $604,289 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,153,785 | TotalAmt |
| Program Services | $10,027,002 | ProgramServicesAmt |
| Management And General | $1,838,562 | ManagementAndGeneralAmt |
| Fundraising | $288,221 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $532,398 | TotalAmt |
| Program Services | $185,907 | ProgramServicesAmt |
| Management And General | $345,591 | ManagementAndGeneralAmt |
| Fundraising | $900 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $394,747 | TotalAmt |
| Management And General | $394,747 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,723 | TotalAmt |
| Management And General | $130,723 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $469,571 | TotalAmt |
| Fundraising | $469,571 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,172,022 | TotalAmt |
| Management And General | $1,172,022 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,188,263 | TotalAmt |
| Program Services | $7,737,255 | ProgramServicesAmt |
| Management And General | $4,116,030 | ManagementAndGeneralAmt |
| Fundraising | $334,978 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,506,843 | TotalAmt |
| Program Services | $3,268,652 | ProgramServicesAmt |
| Management And General | $231,840 | ManagementAndGeneralAmt |
| Fundraising | $6,351 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,885,374 | TotalAmt |
| Program Services | $7,432,166 | ProgramServicesAmt |
| Management And General | $2,379,345 | ManagementAndGeneralAmt |
| Fundraising | $73,863 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,578,391 | TotalAmt |
| Program Services | $1,624,604 | ProgramServicesAmt |
| Management And General | $6,624,867 | ManagementAndGeneralAmt |
| Fundraising | $328,920 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,485,359 | TotalAmt |
| Program Services | $71,057,587 | ProgramServicesAmt |
| Management And General | $10,427,772 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,557,307 | TotalAmt |
| Program Services | $3,064,694 | ProgramServicesAmt |
| Management And General | $396,053 | ManagementAndGeneralAmt |
| Fundraising | $96,560 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $744,374 | TotalAmt |
| Program Services | $520,151 | ProgramServicesAmt |
| Management And General | $195,832 | ManagementAndGeneralAmt |
| Fundraising | $28,391 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,607,499 | TotalAmt |
| Program Services | $7,867,882 | ProgramServicesAmt |
| Management And General | $739,617 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,750,782 | TotalAmt |
| Program Services | $16,696,893 | ProgramServicesAmt |
| Management And General | $2,053,889 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,052,649 | TotalAmt |
| Program Services | $1,722,301 | ProgramServicesAmt |
| Management And General | $1,330,348 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MEAL COSTS,STUDENT ACTIVITIES | $14,734,869 | $14,547,867 | $96,115 | $90,887 |
| EQUIPMENT REPAIR, SERVICES | $3,080,429 | $2,923,436 | $156,993 | |
| LIBRARY BOOKS PURCHASES | $1,459,471 | $1,459,215 | $256 | |
| STUDENT RECRUITMENT | $8,482,514 | $8,482,514 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,184,059 | TotalAmt |
| Program Services | $2,621,114 | ProgramServicesAmt |
| Management And General | $3,107,944 | ManagementAndGeneralAmt |
| Fundraising | $1,455,001 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $638,143,341 | TotalAmt |
| Program Services | $562,303,355 | ProgramServicesAmt |
| Management And General | $67,675,953 | ManagementAndGeneralAmt |
| Fundraising | $8,164,033 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,466,550 | BOYAmt |
| EOY | $6,301,536 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,862,138 | BOYAmt |
| EOY | $38,710,090 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,526,507 | BOYAmt |
| EOY | $15,585,624 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,443,358 | BOYAmt |
| EOY | $3,507,666 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,487,391 | BOYAmt |
| EOY | $6,252,919 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $764,650,050 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $264,964,127 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $459,811,430 | BOYAmt |
| EOY | $499,685,923 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,468,095 | BOYAmt |
| EOY | $152,992,517 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,696,971 | BOYAmt |
| EOY | $83,975,322 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $377,644,307 | BOYAmt |
| EOY | $493,045,612 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,093,406,747 | BOYAmt |
| EOY | $1,300,057,209 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,298,705 | BOYAmt |
| EOY | $64,193,971 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,443,347 | BOYAmt |
| EOY | $6,460,423 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,593,216 | BOYAmt |
| EOY | $24,702,230 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,367,302 | BOYAmt |
| EOY | $162,233,719 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,678,128 | BOYAmt |
| EOY | $12,886,131 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $443,427,238 | BOYAmt |
| EOY | $567,040,057 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $696,807,936 | BOYAmt |
| EOY | $837,516,531 | 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 | $171,866,897 | BOYAmt |
| EOY | $193,968,265 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $224,731,914 | BOYAmt |
| EOY | $268,572,413 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $396,598,811 | BOYAmt |
| EOY | $462,540,678 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,093,406,747 | BOYAmt |
| EOY | $1,300,057,209 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $44,439,245 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $21,315,234 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $187,388 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $130,723 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $774 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $131,497 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE C, PART II-B, LINE 1G - LOBBYING ACTIVITIES | LOBBYING IS NOT A SUBSTANTIAL PART OF PACE UNIVERSITY'S OVERALL BUDGET. PACE UNIVERSITY ENGAGES IN INSUBSTANTIAL LEGISLATIVE ADVOCACY AT THE FEDERAL LEVEL AND MODEST ACTIVITY AT THE NEW YORK STATE AND NEW YORK CITY LEVELS. THE UNIVERSITY'S LOBBYISTS OCCASIONALLY ADVOCATE FOR APPROPRIATIONS FOR PROGRAMS OF IMPORTANCE TO THE UNIVERSITY. PACE UNIVERSITY RECEIVES FUNDING FOR STUDENT AID FROM THE STATE OF NEW YORK AND THE FEDERAL GOVERNMENT. THE AMOUNT AND CONTINUATION OF THESE FUNDS ARE NOT GUARANTEED. THE MAJORITY OF THE UNIVERSITY'S EFFORTS ARE RELATED TO ACTIVITIES SUPPORTING STUDENT AID. THE UNIVERSITY HAS CONDUCTED MINIMAL LOBBYING ACTIVITIES RELATED TO HIGHER EDUCATION ISSUES, ISSUES THAT AFFECT PACE'S DAY TO DAY OPERATIONS, AND OTHER ISSUES RELATED TO OUR ORGANIZATIONAL MISSION. THE UNIVERSITY ALSO ENGAGES IN LEGISLATIVE ADVOCACY RELATING TO DOMESTIC RELATIONS ISSUES (IN CONNECTION WITH PACE'S WOMEN'S JUSTICE CENTER) AND ENVIRONMENTAL ISSUES (IN CONNECTION WITH PACE'S LAND USE LAW CENTER). |
| SCHEDULE C, PART II-B, LINE 1I - OTHER LOBBYING ACTIVITIES | UNIVERSITY STUDENTS PARTICIPATE IN ANNUAL LOBBY DAY ACTIVITIES ORGANIZED BY CICU (COMMISSION FOR INDEPENDENT COLLEGES AND UNIVERSITIES), DURING WHICH THE STUDENTS, ACCOMPANIED BY OUR REGISTERED LOBBYISTS, MEET WITH ELECTED OFFICIALS TO DISCUSS THE IMPORTANCE OF STATE FINANCIAL AID AND OTHER ISSUES. |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $2 | RevenuesIncludedAmt |
| Assets Included | $2 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Art | HeldWorksArtGrp | |
| 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 | $210,436,818 | BeginningYearBalanceAmt |
| Contributions | $2,254,474 | ContributionsAmt |
| Investment Earnings Or Losses | $27,317,270 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,034,919 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,569,268 | OtherExpendituresAmt |
| End Year Balance | $232,404,375 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $250,615,147 | BeginningYearBalanceAmt |
| Contributions | $6,347,980 | ContributionsAmt |
| Investment Earnings Or Losses | -$25,711,021 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,952,685 | GrantsOrScholarshipsAmt |
| Other Expenditures | $16,862,603 | OtherExpendituresAmt |
| End Year Balance | $210,436,818 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $193,827,052 | BeginningYearBalanceAmt |
| Contributions | $14,599,339 | ContributionsAmt |
| Investment Earnings Or Losses | $64,091,011 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,385,180 | GrantsOrScholarshipsAmt |
| Other Expenditures | $18,517,075 | OtherExpendituresAmt |
| End Year Balance | $250,615,147 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $193,048,642 | BeginningYearBalanceAmt |
| Contributions | $3,815,808 | ContributionsAmt |
| Investment Earnings Or Losses | $8,107,993 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,434,014 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,711,377 | OtherExpendituresAmt |
| End Year Balance | $193,827,052 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $181,853,820 | BeginningYearBalanceAmt |
| Contributions | $2,159,795 | ContributionsAmt |
| Investment Earnings Or Losses | $15,180,101 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,397,489 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,747,585 | OtherExpendituresAmt |
| End Year Balance | $193,048,642 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.05630 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.54170 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.40200 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (true) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (true) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,453,325 | OtherCostOrOtherBasisAmt |
| Book Value | $12,453,325 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $588,961,517 | OtherCostOrOtherBasisAmt |
| Depreciation | $153,136,056 | DepreciationAmt |
| Book Value | $435,825,461 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $40,827,758 | OtherCostOrOtherBasisAmt |
| Depreciation | $23,806,760 | DepreciationAmt |
| Book Value | $17,020,998 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $121,637,838 | OtherCostOrOtherBasisAmt |
| Depreciation | $88,021,311 | DepreciationAmt |
| Book Value | $33,616,527 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $769,612 | OtherCostOrOtherBasisAmt |
| Book Value | $769,612 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $499,685,923 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| COMINGLED FUNDS | $40,285,210 | F |
| ALT- INVESTMENTS- LONG/SHORT | $2,427,965 | F |
| ALT- INVESTMENTS- LLP,LLC | $41,262,147 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $83,975,322 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| FUNDS HELD BY BOND TRUSTEES | $1,650,467 |
| INVEST DESIGN FOR CONSTRUCTION | $57,858,062 |
| RIGHT OF USE ASSETS | $433,537,083 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $493,045,612 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| LEASE LIABILITIES | $523,111,466 |
| ACCRUED PSTRETIRE. BEN. OBLG. | $36,670,872 |
| ASSET RETIREMENT OBLIGATION | $7,257,719 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $567,040,057 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $479,877,303 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $21,315,234 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $187,388 | OtherRevenueAmt |
| Revenue Not Reported | $21,502,622 | RevenueNotReportedAmt |
| Revenue Subtotal | $458,374,681 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,172,022 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $223,035,883 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $224,207,905 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $682,582,586 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $413,935,436 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,849,186 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,849,186 | ExpensesNotReportedAmt |
| Expenses Subtotal | $412,086,250 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,172,022 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $224,885,069 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $226,057,091 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $638,143,341 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART III, LINE 3A - COLLECTION OF ART | PACE UNIVERSITY HAS SEVERAL ART GALLERIES BETWEEN ITS PLEASANTVILLE AND NEW YORK CITY CAMPUSES THAT SERVE THE GENERAL STUDENT POPULATION WITH COURSES AND EXHIBITIONS. DONATED ARTWORK INCLUDES PHOTOGRAPHS, PAINTINGS AND SCULPTURES AND IS DISPLAYED ON VARIOUS INTERIOR AND EXTERIOR CAMPUS LOCATIONS AND IN SPECIAL EXHIBITIONS DESIGNED TO PROVIDE VISUAL LITERACY AS PART OF THE UNIVERSITY LEARNING EXPERIENCE. AS THE VALUE OF SUCH ART COLLECTIONS IS NOT MATERIAL TO THE UNIVERSITY AS A WHOLE, THE FOOTNOTES TO THE UNIVERSITY'S FINANCIAL STATEMENTS DO NOT INCLUDE RELATED TEXT. |
| SCHEDULE D, PART V - INTENDED USES OF ENDOWMENT FUNDS | THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 456 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING SUPPORT OF SCHOLARSHIPS, ACADEMIC PROGRAMS, ACADEMIC CHAIRS, STUDENT ACTIVITIES, RESEARCH, INSTITUTIONAL SUPPORT AND CAPITAL PROJECTS. OUR ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS (QUASI ENDOWMENTS). THE UNIVERSITY'S INVESTMENTS ARE MANAGED TO ACHIEVE THE MAXIMUM PRUDENT LONG TERM TOTAL RETURN. THE UNIVERSITY'S BOARD OF TRUSTEES HAS AUTHORIZED A POLICY DESIGNED TO PRESERVE THE VALUE OF THESE INVESTMENTS IN REAL TERMS (AFTER INFLATION) AND PROVIDE A PREDICTABLE FLOW OF FUNDS TO SUPPORT OPERATIONS. |
| SCHEDULE D, PART IX - OTHER ASSETS | THE BOARD OF TRUSTEES DESIGNATED FUNDS PRIMARILY FOR THE CONSTRUCTION OF A MASTER PLAN FOR THE CAMPUS LOCATED IN NEW YORK CITY. AS OF JUNE 30,2023, THERE IS $57,858,062 IN INVESTMENTS DESIGNATED FOR CONSTRUCTION, ALL OF WHICH CONSISTS OF CASH AND CASH EQUIVALENTS. UNDER A NEW LEASE ACCOUNTING STANDARD, THE UNIVERSITY HAS ACCOUNTED FOR THE RIGHT OF USE ASSETS ON ITS BALANCE SHEET THAT ARISE FROM ITS LEASES. |
| SCHEDULE D, PART X - OTHER LIABILITIES | INCOME GENERATED THAT IS UNRELATED TO THE UNIVERSITY'S EXEMPT PURPOSE IS SUBJECT TO TAX. THE UNIVERSITY BELIEVES IT DID NOT HAVE ANY MATERIAL TAX LIABILITY NOR ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR THE YEAR ENDING JUNE 30, 2023. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE UNIVERSITY'S FINANCIAL STATEMENTS. UNDER A NEW LEASE ACCOUNTING STANDARD, THE UNIVERSITY HAS ACCOUNTED FOR THE LEASE LIABILITIES ON ITS BALANCE SHEET THAT ARISE FROM ITS LEASES. |
| SCH D, PART XI, LINE 2D-OTHER AMOUNTS INCLUDED IN BOOKS BUT NOT IN RETURN | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $187,388 |
| SCH D, PART XI, LINE 4B-OTHER AMOUNTS INCLUDED IN RETURN BUT NOT IN BOOKS | SCHOLARSHIPS OF $224,885,069 LESS SPECIAL EVENTS EXPENSE OF ($868,517) AND RENT EXPENSE ($980,669) |
| SCH D, PART XII, LN 2D-OTHER EXPENSES INCLUDED IN BOOKS BUT NOT IN RETURN | SPECIAL EVENTS EXPENSE OF $868,517 AND RENT EXPENSE OF $980,669 |
| SCH D, PART XII, LN 4B-OTHER EXPENSES INCLUDED IN RETURN BUT NOT IN BOOKS | SCHOLARSHIPS OF $224,885,069 |
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 |
|---|---|
| SCH E, PART I, LN 3 NONDISCRIMINATORY POLICY-STUDENTS' SOLICITATION MTRLS | THE ENROLLMENT MARKETING TEAM AND THE UNIVERSITY'S RELATIONS MARKETING TEAM ARE FULLY KNOWLEDGEABLE OF THE REQUIREMENTS OF THE UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY AND ENSURE THAT APPROPRIATE POLICY LANGUAGE IS INCLUDED IN ALL PROMOTIONAL MATERIALS. |
| SCHEDULE E, PART I, LINE 6A - FINANCIAL AID FROM GOVERNMENTAL AGENCIES | THE UNIVERSITY PARTICIPATES IN STUDENT FINANCIAL AID PROGRAMS THROUGH THE U.S. DEPARTMENT OF EDUCATION (PELL GRANT PROGRAM, PERKINS LOAN PROGRAM, DIRECT LOAN PROGRAM, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT PROGRAM, FEDERAL WORK STUDY PROGRAM, AS WELL AS OTHER SMALLER PROGRAMS) AND U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES (NURSING STUDENT LOAN PROGRAM AND SCHOLARSHIPS FOR DISADVANTAGED STUDENTS). |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (19 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| East Asia and the Pacific | 0 | 1 | Program Services | Recruitment | $263,794 |
| South Asia | Program Services | Conferences,Dues,Other | $9,965 | ||
| North America | Program Services | Conferences,Dues,Other | $2,768 | ||
| East Asia and the Pacific | Program Services | Conferences,Dues,Other | $5,300 | ||
| Central America and the Caribbean | Program Services | Conferences,Dues,Other | $18,828 | ||
| Europe (Including Iceland and Greenland) | Program Services | Conferences,Dues,Other | $100,023 | ||
| Middle East and North Africa | Program Services | Conferences,Dues,Other | $141,000 | ||
| Russia and the Newly Independent States | Program Services | Conferences,Dues,Other | $150 | ||
| South America | Program Services | Conferences,Dues,Other | $725 | ||
| Sub-Saharan Africa | Program Services | Conferences,Dues,Other | $2,599 | ||
| Europe (Including Iceland and Greenland) | 0 | 5 | Program Services | Recruitment | $3,772,770 |
| Middle East and North Africa | 0 | 1 | Program Services | Recruitment | $198,532 |
| North America | Program Services | Recruitment | $12,078 | ||
| South America | Program Services | Recruitment | $2,754 | ||
| South Asia | 0 | 14 | Program Services | Recruitment | $1,846,628 |
| Sub-Saharan Africa | Program Services | Recruitment | $5,197 | ||
| East Asia and the Pacific | Program Services | STUDY ABROAD | $21,213 | ||
| Europe (Including Iceland and Greenland) | Program Services | STUDY ABROAD | $898,724 | ||
| South America | Program Services | STUDY ABROAD | $1,080 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 21 | SubtotalEmployeesCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 21 | TotalEmployeeCnt |
| Subtotal Spent | $6,404,324 | SubtotalSpentAmt |
| Continuation Spent | $899,804 | ContinuationSpentAmt |
| Total Spent | $7,304,128 | 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 |
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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| Ruffalo Noel Levitz | ||||||||
| 1025 KIRKWOOD PARKWAY SW | CEDAR RAPIDS | IA | 52404 | Tele- FUNDRAIsing | false | $107,557 | $281,706 | -$174,149 |
| Stelter | ||||||||
| 10435 NEW YORK AVENUE | Des Moines | IA | 50322 | Strategy | false | $0 | $6,475 | -$6,475 |
| Orr Group | ||||||||
| 3000 K STREETNW SUITE E280 | Washington | DC | 20007 | Consulting | false | $0 | $181,390 | -$181,390 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $107,557 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $469,571 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$362,014 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SOPA | Event1Nm |
| Gross Receipts Event1 | $879,409 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $764,079 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $115,330 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $0 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $1,747 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $0 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $176,675 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $70,328 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $56,107 | OtherDirectExpensesEvent1Amt |
| Event2 | PWJC-FALL | Event2Nm |
| Gross Receipts Event2 | $438,029 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $248,092 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $189,937 | GrossRevenueEvent2Amt |
| Cash Prizes Event2 | $0 | CashPrizesEvent2Amt |
| Non Cash Prizes Event2 | $0 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $93,263 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $0 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $110,000 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $101,386 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 12 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $955,462 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $839,378 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $116,084 | GrossRevenueOtherEventsAmt |
| Cash Prizes Other Events | $0 | CashPrizesOtherEventsAmt |
| Non Cash Prizes Other Events | $11,624 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $30,549 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $121,668 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $6,425 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $88,746 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $2,272,900 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,851,549 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $421,351 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $0 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $13,371 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $123,812 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $298,343 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $186,753 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $246,239 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $868,518 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$447,167 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 10178 | RecipientCnt |
| Non Cash Assistance | $224,885,069 | NonCashAssistanceAmt |
| Valuation Method Used | BOOK | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION REDUCTION | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING USE OF GRANT FUNDS IN THE US | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY AWARDS FEDERAL AND STATE FINANCIAL AID FUNDS EACH YEAR BASED UPON A STUDENT'S FINANCIAL NEED. ADDITIONALLY, THE UNIVERSITY PROVIDES INSTITUTIONAL AID VIA UNIVERSITY GRANTS ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEED, AND OTHER STANDARDS. THE OFFICE OF FINANCIAL AID VERIFIES THE ACADEMIC ACHIEVEMENTS AND THE PERSONAL INCOME DATA PROVIDED FOR ON THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) OF EACH STUDENT TO DETERMINE THE AMOUNT OF AID AWARDED ON AN AS NEEDED BASIS. THE UNIVERSITY ALSO OFFERS SCHOLARSHIPS FUNDED THROUGH SPECIAL ENDOWMENTS AND DONATIONS, WHICH ARE AWARDED BASED ON SIMILAR STANDARDS AS WELL AS DONOR'S CRITERIA. THE OFFICES OF FINANCIAL AID AND FINANCE CONTINUOUSLY MONITOR STUDENT ELIGIBILITY FOR THESE AWARDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Payments For Use Of Residence | Yes (X) | PaymentsForUseOfResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| 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 | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (35 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARVIN KRISLOV | ||||||||||||||
| TRUSTEE, PRESIDENT | $621,732 | $0 | $0 | $0 | $139,917 | $0 | $27,450 | $0 | $312,523 | $0 | $1,101,622 | $0 | $100,000 | $0 |
| ROBERT C ALMON | ||||||||||||||
| EVP & CFO | $409,366 | $0 | $0 | $0 | $1,236 | $0 | $27,450 | $0 | $33,400 | $0 | $471,452 | $0 | $0 | $0 |
| VANYA QUINONES | ||||||||||||||
| PRVT,EVP ACAD AFFAR TILL 8/22 | $270,137 | $0 | $0 | $0 | $48,928 | $0 | $24,550 | $0 | $11,243 | $0 | $354,858 | $0 | $0 | $0 |
| LAWRENCE SINGLETON | ||||||||||||||
| DEAN, LUBIN SCHOOL OF BUSINESS | $356,991 | $0 | $0 | $0 | $5,762 | $0 | $27,450 | $0 | $43,426 | $0 | $433,629 | $0 | $0 | $0 |
| HORACE ANDERSON | ||||||||||||||
| DEAN, SCHOOL OF LAW | $351,113 | $0 | $0 | $0 | $0 | $0 | $27,450 | $0 | $50,064 | $0 | $428,627 | $0 | $0 | $0 |
| LAUREN BIRNEY | ||||||||||||||
| PROFESSOR | $384,156 | $0 | $0 | $0 | $258 | $0 | $19,831 | $0 | $17,653 | $0 | $421,898 | $0 | $0 | $0 |
| GARY LAERMER | ||||||||||||||
| VP DEV & ALUM RLTNS | $368,893 | $0 | $0 | $0 | $396 | $0 | $27,450 | $0 | $18,200 | $0 | $414,939 | $0 | $0 | $0 |
| JOSEPH A CAPPARELLI | ||||||||||||||
| VP FIN, CONTROLLER & COO | $303,678 | $0 | $0 | $0 | $36,967 | $0 | $27,450 | $0 | $44,855 | $0 | $412,950 | $0 | $0 | $0 |
| JONATHAN HILL | ||||||||||||||
| DEAN, SEIDENBERG SCHOOL | $292,048 | $0 | $0 | $0 | $0 | $0 | $27,450 | $0 | $72,237 | $0 | $391,735 | $0 | $0 | $0 |
| BRIDGET CRAWFORD | ||||||||||||||
| PROFESSOR | $285,343 | $0 | $0 | $0 | $240 | $0 | $26,722 | $0 | $36,130 | $0 | $348,435 | $0 | $0 | $0 |
| TRESMAINE GRIMES | ||||||||||||||
| DEAN, DYSON COLLEGE | $305,125 | $0 | $0 | $0 | $396 | $0 | $27,450 | $0 | $17,653 | $0 | $350,624 | $0 | $0 | $0 |
| MICHELLE S SIMON | ||||||||||||||
| PROFESSOR | $300,378 | $0 | $0 | $0 | $1,512 | $0 | $34,797 | $0 | $32,651 | $0 | $369,338 | $0 | $0 | $0 |
| NIRA HERRMANN | ||||||||||||||
| FORMER DEAN, DYSON COLLEGE | $262,707 | $0 | $0 | $0 | $1,986 | $0 | $23,644 | $0 | $910 | $0 | $289,247 | $0 | $0 | $0 |
| ROBINA C SCHEPP | ||||||||||||||
| VP FOR ENROLLMENT & PLACEMENT | $308,579 | $0 | $0 | $0 | $396 | $0 | $27,450 | $0 | $17,653 | $0 | $354,078 | $0 | $0 | $0 |
| PAUL DAMPIER | ||||||||||||||
| FRMR VP FOR IT & CIO THRU 8/15 | $159,469 | $0 | $0 | $0 | $2,625 | $0 | $14,885 | $0 | $17,757 | $0 | $194,736 | $0 | $0 | $0 |
| JASON CZARNEZKI | ||||||||||||||
| PROFESSOR | $304,353 | $0 | $0 | $0 | $60 | $0 | $27,302 | $0 | $17,653 | $0 | $349,368 | $0 | $0 | $0 |
| MARY BAGLIVO | ||||||||||||||
| VP UNIV RELATIONS | $285,338 | $0 | $0 | $0 | $762 | $0 | $26,035 | $0 | $17,653 | $0 | $329,788 | $0 | $0 | $0 |
| HARRIET R FELDMAN | ||||||||||||||
| FRMR DEAN, COLLEGE HEALTH PROF | $179,180 | $0 | $0 | $0 | $1,476 | $0 | $22,200 | $0 | $19,453 | $0 | $222,309 | $0 | $0 | $0 |
| IBOLYA YOLAS | ||||||||||||||
| VP UNIV FACILITIES & CAP PROJ | $242,810 | $0 | $0 | $0 | $258 | $0 | $22,769 | $0 | $30,440 | $0 | $296,277 | $0 | $0 | $0 |
| RICHARD SCHLESINGER | ||||||||||||||
| FRMR DEAN, DYSON COLLEGE | $220,847 | $0 | $0 | $0 | $1,236 | $0 | $20,793 | $0 | $30,440 | $0 | $273,316 | $0 | $0 | $0 |
| JEAN C GALLAGHER | ||||||||||||||
| VP STRATEGIC INITIATIVES | $211,809 | $0 | $0 | $0 | $498 | $0 | $20,705 | $0 | $47,705 | $0 | $280,717 | $0 | $0 | $0 |
| CINDY HEILBERGER | ||||||||||||||
| VP FOR CORPORATE SECRETARY | $217,570 | $0 | $0 | $0 | $396 | $0 | $26,580 | $0 | $17,653 | $0 | $262,199 | $0 | $0 | $0 |
| TIFFANY HAMILTON | ||||||||||||||
| FRMR AVP, D&I, CDO TILL 10/15 | $145,609 | $0 | $0 | $0 | $1,240 | $0 | $13,591 | $0 | $14,177 | $0 | $174,617 | $0 | $0 | $0 |
| LEILA FRANCHI | ||||||||||||||
| FORMER VP FOR UNIV RELATIONS | $153,813 | $0 | $0 | $0 | $396 | $0 | $15,229 | $0 | $44,855 | $0 | $214,293 | $0 | $0 | $0 |
| THOMAS M BRADY | ||||||||||||||
| TREASURER | $193,245 | $0 | $0 | $0 | $840 | $0 | $17,392 | $0 | $910 | $0 | $212,387 | $0 | $0 | $0 |
| MARCUS TYE | ||||||||||||||
| DEAN, COLLEGE OF HEALTH PROFES | $292,532 | $0 | $0 | $0 | $138 | $0 | $27,450 | $0 | $33,280 | $0 | $353,400 | $0 | $0 | $0 |
| SUSAN DONAHUE | ||||||||||||||
| FRMR INTM, AVP HR TILL 9/21 | $150,165 | $0 | $0 | $0 | $138 | $0 | $11,651 | $0 | $43,007 | $0 | $204,961 | $0 | $0 | $0 |
| SONIA SUCHDAY | ||||||||||||||
| TRUSTEE, FT FACULTY MEMBER | $205,558 | $0 | $0 | $0 | $258 | $0 | $15,887 | $0 | $16,200 | $0 | $237,903 | $0 | $0 | $0 |
| ALEXIS SANDLER | ||||||||||||||
| VP & GNL COUNSEL THRU 9/30/22 | $146,182 | $0 | $0 | $0 | $1,840 | $0 | $11,719 | $0 | $18,439 | $0 | $178,180 | $0 | $0 | $0 |
| YA TANG | ||||||||||||||
| PROFESSOR | $271,434 | $0 | $0 | $0 | $396 | $0 | $33,228 | $0 | $29,268 | $0 | $334,326 | $0 | $0 | $0 |
| NICOLE THOMPSON | ||||||||||||||
| SR. VP OPERAT. (AS OF 7/15/22) | $267,566 | $0 | $0 | $0 | $12,941 | $0 | $32,958 | $0 | $20,241 | $0 | $333,706 | $0 | $0 | $0 |
| JOSEPH FRANCO | ||||||||||||||
| PROVOST, EVP ACAD AFFR AS 9/22 | $283,187 | $0 | $0 | $0 | $396 | $0 | $32,374 | $0 | $20,503 | $0 | $336,460 | $0 | $0 | $0 |
| BERNARD DUFRESNE | ||||||||||||||
| INTERIM AVP, CDO (AS OF 11/16) | $163,534 | $0 | $0 | $0 | $294 | $0 | $11,763 | $0 | $18,842 | $0 | $194,433 | $0 | $0 | $0 |
| BETH GORDON | ||||||||||||||
| INTRM VP IT & CIO (AS OF 08/16 | $203,229 | $0 | $0 | $0 | $378 | $0 | $21,570 | $0 | $20,153 | $0 | $245,330 | $0 | $0 | $0 |
| LISA VALENTINO | ||||||||||||||
| FRMR INTERIM VP & GC (10/1-4/3 | $230,276 | $0 | $0 | $0 | $138 | $0 | $19,958 | $0 | $16,708 | $0 | $267,080 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| HOURS, PART VII AND SCHEDULE J | COMPENSATION TO FORMER OFFICERS AND FORMER KEY EMPLOYEES IS BASED ON THEIR RESPECTIVE FACULTY POSITION HELD AT PACE UNIVERSITY DURING THE CALENDAR YEAR 2022. THE AVERAGE HOURS PER WEEK FOR FULL FACULTY POSITION IS 40 HOURS. |
| SCHEDULE J, PART I, LINE 1A AND 1B | THE PRESIDENT'S EMPLOYMENT CONTRACT PROVIDES AS A CONDITION OF HIS EMPLOYMENT AS PRESIDENT, THAT HE RESIDE IN CLOSE PROXIMITY TO ITS NYC CAMPUS FOR THE BENEFITS AND CONVENIENCE OF THE UNIVERSITY IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED. THE PRESIDENT'S CONTRACT FURTHER REQUIRES FOR THE CONVENIENCE OF THE UNIVERSITY THAT HIS RESIDENCE BE AVAILABLE AND SHALL BE USED, FOR THE UNIVERSITY-RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. IN ADDITION, THE PRESIDENT'S CONTRACT PROVIDES THAT THE UNIVERSITY SHALL PAY FOR ALL MAINTENANCE AND OPERATING EXPENSES, INCLUDING GENERAL MAINTENANCE, HOUSEKEEPING, AND ALL UTILITIES INCLUDING TELEPHONE, CABLE, INTERNET, ELECTRIC, GAS, AND WATER. IN ACCORDANCE WITH THE PRESIDENT'S CONTRACT, THE UNIVERSITY ALSO PAYS FOR THE PRESIDENT'S USE OF A RECENT MODEL AUTOMOBILE AND A FULL TIME DRIVER TO ASSIST HIM IN IMPLEMENTING HIS DUTIES ON BEHALF OF THE UNIVERSITY, AS WELL AS ANNUAL DUES AND MEMBERSHIP FEES FOR SOCIAL CLUBS TO FACILITATE THE PRESIDENT'S FUNDRAISING, DEVELOPMENT AND RECRUITING EFFORTS ON BEHALF OF THE UNIVERSITY. THESE COSTS ARE TREATED AS NONTAXABLE BENEFITS TO THE PRESIDENT. SHORT TERM HOUSING ALLOWANCES ARE OCCASIONALLY PROVIDED PER INITIAL HIRING AGREEMENTS AND ARE TREATED AS TAXABLE COMPENSATION. CHAUFFEUR SERVICES ARE PROVIDED PER EMPLOYMENT CONTRACTS FOR UNIVERSITY BUSINESS; ANY PERSONAL TRAVEL EXPENSES ARE TREATED AS TAXABLE COMPENSATION TO THE RESPECTIVE OFFICER. SOCIAL CLUB DUES ARE PAID IN ACCORDANCE WITH INDIVIDUAL EMPLOYMENT CONTRACTS OR BUSINESS CONSIDERATIONS. |
| SCHEDULE J, PART I, LINE 4B | TERMS & CONDITIONS OF SUPPLEMENTAL RETIREMENT PLAN AND PAYMENT FOR 2022: DURING 2017, THE UNIVERSITY ENTERED INTO A DEFERRED COMPENSATION AGREEMENT WITH THE PRESIDENT. UNDER THE PLAN, THE ORGANIZATION DEPOSITED $25,000 TO THE PRESIDENT'S DEFERRED COMPENSATION ACCOUNT EACH JUNE 30TH FROM JUNE 30, 2018 THROUGH JUNE 30, 2022. SUCH AMOUNTS VEST OVER THE COURSE OF THE AGREEMENT SO LONG AS THE PRESIDENT REMAINS CONTINUOUSLY EMPLOYED BY THE UNIVERSITY THROUGH JUNE 30, 2022. THE PLAN VESTED FULLY AND THE PRESIDENT RECEIVED A PAYOUT WHICH HAS BEEN REPORTED IN PART II, COLUMN B(III). A PORTION OF THE AMOUNT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION ON PRIOR YEAR FORMS 990 WHICH HAS BEEN REPORTED IN PART II, COLUMN F. DURING 2022, THE UNIVERSITY ENTERED INTO A NEW DEFERRED COMPENSATION AGREEMENT WITH THE PRESIDENT. NO AMOUNTS WERE CREDITED UNDER THIS PLAN IN CALENDAR YEAR 2022. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | ||||||||
| A | 146000293 | 649907JB9 | 2013-03-07 | $104,775,845 | REFUND A PORTION OF THE OUTSTANDIN | Yes (true) | false | false |
| WESTCHESTER COUNTY LOCAL DEVELOPMENT | ||||||||
| B | 455135578 | 95737TBD7 | 2014-04-03 | $99,996,810 | FINANCE UNIVERSITY CONSTRUCTION | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 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 | $36,275,000 | $805,000 | $105,129,649 | $0 | $0 | $0 | $957,351 | $0 | $0 | $33,310,261 | $70,752,695 | $0 | 2016 | Yes (true) | false | false | Yes (true) |
| B | $0 | $0 | $100,164,469 | $0 | $5,970,794 | $0 | $1,967,779 | $0 | $0 | $92,225,896 | $0 | $0 | 2018 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 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) | Yes (true) | Yes (true) | 0.00000 | 0.00000 | 0.00000 | false | Yes (true) | 0.25200 | Yes (true) | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | Yes (true) | Yes (true) | 0.00000 | 0.00000 | 0.00000 | false | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||
| A | false | Yes (true) | false | false | false | 0 | Yes (true) | Yes (true) |
| 0 | ||||||||
| B | false | false | Yes (true) | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I, LINE A, COLUMN(F) | THE 2013 BONDS WERE ISSUED TO REFUND BONDS ISSUED ON BEHALF OF THE UNIVERSITY ON JUNE 1, 2005, WHICH 2005 BONDS IN TURN REFUNDED BONDS ISSUED IN 1997 AND 2000. THE 2013 BONDS WERE ALSO USED TO FINANCE CERTAIN UNIVERSITY NEW MONEY PROJECTS. |
| SCHEDULE K, PART II, LINE 3 BONDS PROCEEDS AND CURRENT VALUES | TOTAL PROCEEDS OF ISSUE COLUMN A FOR THE DORMITORY AUTHORITY OF THE STATE OF NEW YORK BOND (DASNY) 2013A-- THE AMOUNT ON LINE 3 REPRESENTS ORIGINAL ISSUE PRICE OF $104,775,845 (INCLUDING $95,840,000 OF PRINCIPAL AND $8,935,845 OF PREMIUM) AND ACCUMULATED EARNINGS ON THE RELATED CONSTRUCTION FUND THROUGH JUNE 30, 2023 OF $353,804. THE OUTSTANDING PRINCIPAL IS $58,760,000 AS OF JUNE 30, 2023. FOR THE YEAR ENDED JUNE 30, 2016, THE UNIVERSITY SOLD A PROPERTY PARTIALLY FUNDED BY CERTAIN PROCEEDS OF THE DASNY BOND ISSUE. AS A RESULT, THE UNIVERSITY INITIATED A LEGAL DEFEASANCE WHERE $1,570,000 OF THE OUTSTANDING DASNY SERIES 2013A (TAX EXEMPT) BONDS AND RELATED INTEREST COSTS OF $397,391 WERE PLACED IN ESCROW IN ORDER TO PAY THE BOND HOLDERS THE AMOUNT REQUIRED TO TAKE REMEDIAL ACTION. THE DEFEASANCE RESULTED IN THE UNIVERSITY'S LEGAL RELEASE OF $1,570,000 OF THE BOND OBLIGATION. THE ONLY BONDS ALLOCABLE TO THE PROPERTY SOLD WERE THOSE ISSUED TO REFINANCE BONDS ORIGINALLY ISSUED PRIOR TO 2003. DASNY AND THE UNIVERSITY TOOK A REMEDIAL ACTION IN ACCORDANCE WITH SECTIONS 1.141-12 AND 1.145-2 OF THE REGULATIONS. FOR THE YEAR ENDED JUNE 30, 2017, THE UNIVERSITY SOLD A PROPERTY PARTIALLY FUNDED BY CERTAIN PROCEEDS OF THE DASNY BOND ISSUE. EXCEPT FOR AN AMOUNT THAT IS LESS THAN 1 PERCENT OF THE 2013 BONDS, THE 2013 BONDS ALLOCABLE TO THE PROPERTY SOLD WERE THOSE ISSUED TO REFINANCE BONDS ORIGINALLY ISSUED PRIOR TO 2003. DASNY AND THE UNIVERSITY TOOK AN 'ALTERNATIVE USE OF DISPOSITION PROCEEDS" REMEDIAL ACTION IN ACCORDANCE WITH SECTIONS 1.141-12 AND 1.145-2 OF REGULATIONS. COLUMN B FOR THE WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION BOND 2014A AND B THE AMOUNT ON LINE 3 REPRESENTS ORIGINAL ISSUE PRICE OF $100,590,000 LESS THE ORIGINAL DISCOUNT OF $593,190 PLUS THE ACCUMULATED EARNINGS OF $167,659. THE OUTSTANDING PRINCIPAL IS $100,590,000 AS OF JUNE 30, 2023. |
| SCHEDULE K, PART II, LINE 7 - ISSUANCE COSTS FROM PROCEEDS | THE AMOUNT IN LINE 7 IN COLUMNS A AND B REPRESENT COSTS OF ISSUANCE SUBJECT TO THE TWO PERCENT LIMIT OF CODE SECTION 147(G). |
| SCHEDULE K, PART II, LINE 13 - YEAR OF SUBSTANTIAL COMPLETION | COLUMN A - THE SERIES 2013A DORMITORY AUTHORITY OF THE STATE OF NEW YORK BONDS WERE ISSUED AS MULTIPURPOSE BONDS IN ACCORDANCE WITH THE PROVISIONS OF SECTION 1.148-9(H) OF THE TREASURY REGULATIONS, PARTLY FOR THE PURPOSE OF REFUNDING THE 2005A BONDS, ORIGINALLY ISSUED PRIOR TO THE EFFECTIVE DATE OF PART III (REFUNDING PORTION), AS WELL AS FOR THE PURPOSE OF PROVIDING FUNDING FOR NEW CAPITAL PROJECTS (NEW MONEY). PART III IS THEREFORE ONLY COMPLETED FOR THE NEW MONEY EXCEPT FOR PART 3, LINE 8 WHICH IS COMPLETED FOR BOTH. THE COMPLETION DATE IN PART II, LINE 13, AND THE "NO" ANSWER TO LINE 16, REFERS TO THE NEW MONEY PORTION. |
| SCHEDULE K, PART II, LINE 16 COLUMN A | THE ALLOCATION FOR THESE BONDS WAS FINALIZED WITH RESPECT TO THE ORIGINAL PROCEEDS, BUT DUE TO THE ASSET SALE AND ALTERNATIVE USE OF DISPOSITION PROCEEDS DESCRIBED ABOVE, THE ALLOCATION OF THE DISPOSITION PROCEEDS HAS NOT BEEN FINALIZED. COLUMN B - THE SERIES 2014A AND B WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION BONDS WERE ISSUED TO FINANCE THE UNIVERSITY'S DESIGN, RENOVATION, CONSTRUCTION, EQUIPPING, AND/OR FURNISHING CERTAIN FACILITIES INCLUDING TECHNOLOGY IMPROVEMENTS AND FUND THE COST OF THE BOND'S ISSUANCE AND INTEREST COST DURING THE CONSTRUCTION PERIOD. THEREFORE, PART III HAS BEEN COMPLETED FOR THE BOND'S PURPOSE OF FUNDING FOR NEW CAPITAL PROJECTS. |
| SCHEDULE K, PART III, LINE 4 AND 5 - PRIVATE BUSINESS USE | THE PERCENTAGE OF FINANCE PROPERTY USED IN A PRIVATE BUSINESS USE BY THE ENTITIES OTHER THAN A SECTION 501(C)(3) ORGANIZATION OR A STATE OR LOCAL GOVERNMENT AND THE PERCENTAGE OF FINANCED PROPERTY USED IN A PRIVATE BUSINESS USE AS A RESULT OF UNRELATED TRADE OR BUSINESS ACTIVITY CARRIES ON BY THE UNIVERSITY, ANOTHER 501(C)(3) ORGANIZATION OR STATE OR LOCAL GOVERNMENT, IS ZERO. |
| SCHEDULE K, PART IV, LINE 6 - ARBITRAGE | IN CONNECTION WITH THE AFOREMENTIONED REMEDIAL ACTION AND LEGAL DEFEASANCE OF 2013A BONDS, FUNDS OF THE UNIVERSITY WERE INVESTED IN A YIELD RESTRICTED DEFEASANCE ESCROW, AND THUS WERE INVESTED BEYOND ANY APPLICABLE TEMPORARY PERIOD. LINE 2C- THE REBATE COMPUTATION WAS PERFORMED ON 3/7/2018 FOR 2013 AND 4/3/2019 FOR 2014. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (13 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $17,861,763 | Design & Construction | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $11,609,741 | Janitorial Services | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $8,401,792 | Security Services | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $1,638,474 | Furniture | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $1,623,067 | Building Design Consultants | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $921,325 | Construction | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $661,117 | Construction | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $412,314 | Plumbing | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $375,000 | Construction | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $369,550 | Auditing | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $324,814 | Air conditioning services | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $169,469 | Legal | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| VENDOR | $120,200 | Legal | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART IV, COLUMN A | FormAndLineReferenceDesc |
| Explanation | THE NAMES OF SUBSTANTIAL CONTRIBUTORS HAVE NOT BEEN PRESENTED ON SCHEDULE L. SUCH INFORMATION IS PRESENTED ELSEWHERE WITHIN FORM 990 AND/OR IS NOT CONSIDERED PUBLIC INFORMATION SIMILAR TO INFORMATION INCLUDED ON SCHEDULE B. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 751 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Valued $1 per Gift | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 33 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,022,616 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Quoted Prices | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Auction items | 13 | $7,397 | Retail Value |
| Yes (X) | Catering | 1 | $3,615 | Retail Value |
| Yes (X) | Supplies | 2 | $38,000 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 2 | 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, COLUMN B | FormAndLineReferenceDesc |
| Explanation | PACE UNIVERSITY USES A COMBINATION OF REPORTING THE NUMBER OF CONTRIBUTIONS AND THE NUMBER OF ITEMS RECEIVED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 REVIEW PROCESS, CORE FORM, PART VI, SECTION B, LINE 11A | THE FORM 990 IS PREPARED BY THE UNIVERSITY'S VICE PRESIDENT AND CONTROLLER AS ASSISTED BY VARIOUS OTHER STAFF MEMBERS IN THE FINANCE AND PLANNING DEPARTMENT. THE PREPARED FORM IS REVIEWED BY THE UNIVERSITY'S PRESIDENT, CHIEF FINANCIAL OFFICER AND IN-HOUSE LEGAL COUNSEL AS WELL AS PRICEWATERHOUSECOOPERS, LLP THE UNIVERSITY'S OUTSIDE TAX ADVISORS. A DRAFT FORM 990 IS THEN PRESENTED TO THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL, FOLLOWED BY DISTRIBUTION OF THE FINAL COPY OF FORM 990 TO ALL MEMBERS OF THE BOARD OF TRUSTEES. |
| CORE FORM, PART VI, SECTION B, LINE 12C | COMPLIANCE WITH CONFLICT OF INTEREST POLICY CONFLICT OF INTEREST POLICY DISCLOSURE FORMS (THE "DISCLOSURE FORMS") ARE ANNUALLY SUBMITTED TO AND RETRIEVED FROM THE UNIVERSITY'S TRUSTEES, OFFICERS, DEANS AND KEY EMPLOYEES. THE DISCLOSURE FORMS FOR OFFICERS, DEANS AND KEY EMPLOYEES ARE REVIEWED BY THE VICE PRESIDENT OF HUMAN RESOURCES AND UNIVERSITY IN-HOUSE LEGAL COUNSEL. POTENTIAL OFFICER, DEAN AND KEY EMPLOYEE CONFLICTS ARE VETTED WITH SUPERVISORS IN CONSULTATION WITH THE VICE PRESIDENT OF HUMAN RESOURCES AND UNIVERSITY'S IN-HOUSE LEGAL COUNSEL. THE DISCLOSURE FORMS FOR THE TRUSTEES ARE REVIEWED BY UNIVERSITY IN-HOUSE LEGAL COUNSEL, WHO PREPARES A SPREADSHEET LISTING POTENTIAL TRUSTEE CONFLICTS FOR REVIEW BY THE BOARD'S COMMITTEE OF TRUSTEES. THIS LISTING IS USED AS (1) A GUIDE TO ENSURE THAT CONFLICTED TRUSTEES ARE RECUSED FROM DISCUSSIONS AND VOTING WHEN APPROPRIATE AND (2) INPUT TO ASSESS DISCLOSURES IN THE UNIVERSITY'S FORM 990. |
| CORE FORM 990, PART VI, SECTION B, LINE 15 | PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES EACH YEAR, THE CHAIR OF THE UNIVERSITY'S BOARD OF TRUSTEES REQUESTS THE HUMAN RESOURCES DEPARTMENT TO COLLECT COMPARATIVE PRESIDENTIAL COMPENSATION DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR), AS WELL AS PUBLISHED FORM 990 DATA FROM SUCH SOURCES AS THE CHRONICLE OF HIGHER EDUCATION, AS A BASIS IN SETTING THE ANNUAL COMPENSATION OF THE PRESIDENT OF THE UNIVERSITY FOR THE UPCOMING YEAR. WITH RESPECT TO OTHER UNIVERSITY OFFICERS, DEANS AND KEY EMPLOYEES, EACH YEAR PRIOR COMPARABILITY DATA FROM PEER INSTITUTIONS IS COLLECTED AND SUMMARIZED FOR REVIEW BY THE PRESIDENT (NINE COMPARABLE DOCTORAL CLASS INSTITUTIONS OF SIMILAR SIZE, SCOPE AND ORGANIZATIONAL COMPLEXITY, LOCALLY AND NATIONALLY, USED AS COMPARATORS FOR SEVERAL ACADEMIC AND FINANCIAL SCOPES ACROSS THE UNIVERSITY). THIS DATA OBTAINED VIA SURVEY IS USED BY THE PRESIDENT TO PRESENT COMPENSATION ADJUSTMENTS TO THE UNIVERSITY'S INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPETITIVE DATA OBTAINED IS ALSO USED WHEN DETERMINING COMPENSATION OFFERS FOR NEW HIRES AT THE EXECUTIVE LEVEL. ONCE THIS DATA IS COLLECTED AND PRESENTED FOR APPROVAL BY THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES, DOCUMENTATION OF THE SURROUNDING DISCUSSIONS AND DECISIONS IS PREPARED BY THE SPECIAL ASSISTANT TO THE BOARD OF TRUSTEES AND FILED WITH THE UNIVERSITY ARCHIVIST, ALONG WITH THE RELATED MINUTES OF THE MEETINGS FOR HISTORICAL RECORD. THE UNIVERSITY FURTHER HAS A ROBUST PERFORMANCE EVALUATION PROCESS IN PLACE, THE RESULTS OF WHICH ARE CONSIDERED DURING THE COMPENSATION DETERMINATION PROCESS. THE UNIVERSITY'S PRESIDENT DOES NOT TAKE PART IN BOARD VOTING RELATING TO MATTERS INVOLVING HIS COMPENSATION, BENEFITS AND OTHER TERMS AND CONDITIONS OF HIS EMPLOYMENT, OR PARTICIPATE IN OR ATTEND BOARD MEETINGS AND DISCUSSIONS RELATING THERETO, EXCEPT AT TIMES WHEN RESPONDING TO QUESTIONS FROM THE COMPENSATION COMMITTEE. |
| CORE FORM, PART V, LINE 4A AND 4B | FINANCIAL ACCOUNTS IN A FOREIGN COUNTRY THE UNIVERSITY'S FINANCIAL HOLDINGS IN ANY FOREIGN COUNTRY ARE LIMITED TO EQUITY INTERESTS IN COMMINGLED INVESTMENT VEHICLES. ACCORDINGLY, THE UNIVERSITY IS NOT REQUIRED TO FILE FINCEN REPORT 114 (FORMERLY FORM TD F 90-22.1) REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS. |
| CORE FORM, PART VI, SECTION C, LINE 19 | AVAILABILITY OF GOVERNING AND OTHER DOCUMENTS TO THE PUBLIC THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE POSTED ON ITS WEBSITE. FORM 990 AND 990-T ARE AVAILABLE UPON REQUEST. THE UNIVERSITY'S GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. |
| CORE FORM, PART III, LINE 4 | OTHER PROGRAM SERVICE ACTIVITIES A DESCRIPTION OF THE UNIVERSITY'S OTHER SIGNIFICANT PROGRAM SERVICE ACTIVITIES ARE AS FOLLOWS: ACADEMIC SUPPORT- TO PROVIDE FACILITIES AND PERSONNEL TO SUPPORT INSTRUCTIONAL STAFF IN EDUCATIONAL EFFORTS SUCH AS LIBRARIES, ACADEMIC COMPUTER CENTERS, AUDIO VISUAL AIDS, ETC. STUDENT SERVICES- TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS ADMISSIONS, REGISTRATION, COUNSELING, CAREER PLANNING, AND SOCIAL AND CULTURAL ACTIVITIES. RESEARCH- TO SUPPORT ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE UNIVERSITY OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE UNIVERSITY. |
| FORM 990, PART XI, LINE 9, OTHER CHANGES IN NET ASSETS | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $187,330. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| PACE ENVIRONMENTAL LITIGATION CLINIC | ||||||||||
| 78 NORTH BROADWAY | WHITE PLAINS | NY | 10603 | 133709483 | EDUCATION | NY | 501(C)(3) | 12(A) | NA | Yes (true) |
| JOHN JAY LEGAL SERVICES INC | ||||||||||
| 80 NORTH BROADWAY | WHITE PLAINS | NY | 10603 | 133403308 | EDUCATION | NY | 501(C)(3) | 12(A) | NA | Yes (true) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PACE UNIV FUND LP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 HIGH ST | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463422188 | EIN |
| Primary Activities | INVESTMENTS | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PACE UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | EXCLUDED | PredominantIncomeTypeTxt |
| Share Of Total Income | $13,790,230 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $225,720,558 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | false | DisproportionateAllocationsInd |
| UBI Code V | $39,521 | UBICodeVAmt |
| General Or Managing Partner | false | GeneralOrManagingPartnerInd |
| Ownership | 0.99999 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|
| CHARITABLE REMAINDER UNITRUST (1) | ||||
| TRUST DISTRIB | NY | PACE UNIVERSITY | T | false |
| POOLED LIFE INCOME FUND (1) | ||||
| TRUST DISTRIB | NY | PACE UNIVERSITY | T | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| PACE UNIVERSITY FUND LP | ||
| 1C | $5,600,000 | BOOK |
| PACE UNIVERSITY FUND LP | ||
| 1B | $3,667,588 | BOOK |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART III - RELATED ORGANIZATION TAXABLE PARTNERSHIP | FormAndLineReferenceDesc |
| Explanation | PACE UNIVERSITY FUND, LP (PACE FUND) IS A LIMITED PARTNERSHIP, WHICH COMMENCED OPERATIONS ON DECEMBER 4, 2013, IN WHICH THE UNIVERSITY IS THE SOLE LIMITED PARTNER AND CAMBRIDGE ASSOCIATES RESOURCES, LLC IS THE GENERAL PARTNER. THE PARTNERSHIP ACTS AS AN INVESTMENT VEHICLE FOR A SIGNIFICANT PORTION OF THE UNIVERSITY'S ENDOWMENT. THE PACE FUND IS RECORDED AT NET ASSET VALUE AT JUNE 30, 2023. | ExplanationTxt |