2024-05-13T15:40:43-05:00 2023-06-30 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2022-07-01 520805606 CAPITOL TECHNOLOGY UNIVERSITY CAPI 3013692800 11301 SPRINGFIELD ROAD LAUREL MD 20708 DR BRADFORD SIMS PRESIDENT 3013692800 2024-05-07 1 DR BRADFORD SIMS 999009999 0 MONIQUE BOOKER P00644321 4105842118 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DARRYL CAMPBELL 11301 SPRINGFIELD ROAD LAUREL MD 20708 17880625 0 X WWW.CAPTECHU.EDU X NONPROFIT COLLEGE 1964 DC TO PROVIDE PRACTICAL EDUCATION IN ENGINEERING, COMPUTER SCIENCE, INFORMATION TECHNOLOGY AND BUSINESS THAT PREPARES INDIVIDUALS FOR PROFESSIONAL CAREERS AND AFFORDS THEM THE OPPORTUNITY TO THRIVE IN A CHANGING WORLD. 13 12 321 0 0 0 5055778 2541150 13828199 15173937 42051 121862 33244 43676 18959272 17880625 4731903 3299226 0 0 8096786 9091757 0 0 515106 4536587 4954941 17365276 17345924 1593996 534701 27071445 27632377 5925294 5392247 21146151 22240130 TO PROVIDE PRACTICAL EDUCATION IN ENGINEERING, COMPUTER SCIENCE, INFORMATION TECHNOLOGY AND BUSINESS THAT PREPARES INDIVIDUALS FOR PROFESSIONAL CAREERS AND AFFORDS THEM THE OPPORTUNITY TO THRIVE IN A CHANGING WORLD. 0 0 11522967 3299226 15176115 TO PROVIDE EDUCATIONAL OPPORTUNITIES TO STUDENTS AT THE UNIVERSITY LEVEL. 11522967 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 129 0 1 321 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MD X THE ORGANIZATION 3013692800 11301 SPRINGFIELD ROAD LAUREL MD 20708 ANDRE MENDES CHAIR 2.00 X 0 0 0 REGINALD DANIEL TRUSTEE 2.00 X 0 0 0 REBECCA HASSAN TRUSTEE 2.00 X 0 0 0 MAHESH KALVA TRUSTEE 2.00 X 0 0 0 MARIANNE MEINS TRUSTEE 2.00 X 0 0 0 JONATHAN PATRICK TRUSTEE 2.00 X 0 0 0 MICHAEL PLASS TRUSTEE 2.00 X 0 0 0 ELLIOT SCHATZMAN TRUSTEE 2.00 X 0 0 0 BG GEN REAL SIMMS TRUSTEE 2.00 X 0 0 0 RYAN HIGGINS TRUSTEE 2.00 X 0 0 0 CRAIG OTTO TRUSTEE 2.00 X 0 0 0 DR BRADFORD SIMS PRESIDENT 40.00 X X 353966 0 48616 MELINDA A BUNNELL-RHYNE VP STUDENT ENGAGEMENT AND UNIVERSITY DEVELOPMENT 40.00 X 119600 0 5730 DR WILLIAM BUTLER VP ACADEMIC AFFAIRS 40.00 X 143817 0 29354 GARY BURKE VP FACILITIES MANAGEMENT & PROFESSIONAL EDUCATION 40.00 X 104917 0 5010 DIANNE M O'NEILL SVP FOR ENROLLMENT MANAGEMENT & MARKETING 40.00 X 173867 0 34508 TERRELL MOORE ASSISTANT VP OF IT 40.00 X 114854 0 21891 DR JAMIE TEEPLE ACTING DEAN OF ACADEMIC AFFAIRS 40.00 X 108096 0 9746 KIM WITTLER ASSISTANT VP OF ENROLLMENT 40.00 X 105972 0 25208 KATHLEEN WERNER RETIRED 1072022 VP FOR FINANCE & ADMINISTRATION 40.00 X 100740 0 31798 DR RICHARD BAKER TERM 12302022 ASSOCIATE DEAN OF GRADUATE PROGRAMS 40.00 X 129350 0 31552 1455179 0 243413 10 1 1 0 ALLIED UNIVERSAL EIGHT TOWER BRIDGE WASHINGTON ST ST CONSHOHOKEN PA 19428 CAMPUS SECURITY 147095 1 2424929 116221 2541150 TUITION AND FEES 611710 15167450 15167450 AUXILIARY INCOME 611710 6487 6487 15173937 121862 121862 41498 0 41498 41498 41498 2178 2178 2178 17880625 15176115 0 163360 3299226 3299226 610956 436712 148408 25836 7363788 5274163 1790952 298673 180030 84854 78023 17153 392193 288780 88358 15055 544790 376463 145568 22759 10720 10720 275379 275379 657741 559836 95403 2502 1166520 32580 1133940 111015 104301 6682 32 213939 147617 59903 6419 778728 100000 678728 144291 144291 DUES AND FEE 511632 204265 272992 34375 RECRUITING 313494 313494 DISPOSAL OF ASSETS (LOA 159066 159066 BAD DEBT -76660 -76660 689076 377336 219438 92302 17345924 11522967 5307851 515106 1636190 957054 310770 287524 1102154 1287836 101933 199339 600898 620197 30126443 18678490 11499034 11447953 7776928 8458078 4024239 4393695 27071445 27632377 1277364 1291335 137899 239731 374109 200 4135922 3860981 5925294 5392247 X 16104749 16757449 5041402 5482681 21146151 22240130 27071445 27632377 534701 559276 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4978506 4500 631997 212433 5402570 5891583 76973 -781745 208305 4978506 4784573 7600 1289872 190462 5891583 4875105 22050 85467 198049 4784573 4620314 21650 390688 157547 4875105 0.00000 0.55000 0.45000 0 0 1052721 1052721 15833730 8270455 7563275 6651484 4329897 2321587 6069403 5614924 454479 519105 463214 55891 11447953 MONEY MARKET FUNDS 540843 F MUTUAL FUND - DIVERSIFIED EQUITY 3878997 F MUTUAL FUND - FIXED INCOME 1853249 F CERTIFICATE OF DEPOSIT 2184989 F 8458078 OTHER ASSETS 12872 DUE FROM CTU FOUNDATION 4380823 4393695 X 20566024 559276 2126123 2685399 17880625 0 17880625 19515395 2169471 2169471 17345924 0 17345924 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF TWO FUNDS ESTABLISHED FOR SCHOLARSHIPS AND MAINTENANCE. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS RECOGNIZED AS SUCH BY THE INTERNAL REVENUE SERVICE. THE PROVISIONS INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2023, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2020 THROUGH 2023 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE UNIVERSITY FILES TAX RETURNS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FOUNDATION REVENUE 2,126,123. PART XII, LINE 2D - OTHER ADJUSTMENTS: FOUNDATION EXPENSES 2,169,471. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 FORMS OF MEDIA USED TO PUBLICIZE RACIALLY NONDISCRIMINATORY POLICY ARE NEWSPAPER & RADIO ANNOUNCEMENTS, AS WELL AS WEBSITE AND CATALOG COVERAGE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES AN ANNUAL APPROPRIATION FROM THE STATE OF MARYLAND. 1 SCHOLARSHIPS 1378 3683668 PART I, LINE 2: GRANTS AND SCHOLARSHIPS ARE AWARDED IN ACCORDANCE WITH FEDERAL, STATE & PRIVATE DONOR REQUIREMENTS. STUDENTS' ELIGIBILITY IS MONITORED ON A SEMESTER TO SEMESTER BASIS. ALL RECORDS DOCUMENTING THE AWARDING, ELIGIBILITY & MONITORING OF STUDENTS' GRANTS AND SCHOLARSHIPS IS MAINTAINED WITHIN THE FINANCIAL AID OFFICE. X X X 0 0 0 0 0 0 0 0 0 DR BRADFORD SIMS PRESIDENT 301400 0 52566 0 0 0 16067 0 32549 0 402582 0 0 0 DIANNE M O'NEILL SVP FOR ENROLLMENT MANAGEMENT & MARK 170367 0 3500 0 0 0 8508 0 26000 0 208375 0 0 0 DR WILLIAM BUTLER VP ACADEMIC AFFAIRS 143817 0 0 0 0 0 6438 0 22916 0 173171 0 0 0 DR RICHARD BAKER TERM 12302022 ASSOCIATE DEAN OF GRADUATE PROGRAMS 124600 0 4750 0 0 0 4552 0 27000 0 160902 0 0 0 KATHLEEN WERNER RETIRED 1072022 VP FOR FINANCE & ADMINISTRATION 97240 0 3500 0 0 0 4798 0 27000 0 132538 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THERE IS NOT CURRENTLY A REVIEW OF THE FORM 990 BY THE BOARD OR FINANCE COMMITTEE. THIS POLICY IS CURRENTLY UNDER REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND MEMBERS OF THE ORGANIZATION (EMPLOYEES, STUDENTS) ARE COVERED. THE GOVERNANCE COMMITTEE REVIEWS FOR THE BOARD AND SPECIAL ATTENTION IS PAID WHEN NEW TRUSTEES ARE NOMINATED. THE PRESIDENT REVIEWS THE FACULTY AND STAFF. STUDENT LIFE REVIEWS AND HAS POLICIES AND PRACTICES FOR STUDENT COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF THE PRESIDENT AND OTHER OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY INCLUDE THE REVIEW OF DATA FROM CUPA, YAFFE CO., AND CHRONICLE OF HIGHER EDUCATION COMPARABILITY DATA BY THREE INDEPENDENT DIRECTORS ON THE COMPENSATION COMMITTEE; NO INDEPENDENT CONSULTANTS ARE USED. ONCE THE COMPENSATION COMMITTEE APPROVES THE COMPENSATION, THE FULL BOARD THEN REVIEWS AND APPROVES THEIR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CTU FOUNDATION 11301 SPRINGFIELD LANE LAUREL MD 20708 821932020 MD 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0