2024-05-13T06:43:30-07:00 2023-06-30 990 2022-07-01 980072997 JOHN CABOT UNIVERSITY JOHN 8664576160 233 Via della Lungara Rome IT 00165 Franco Pavoncello President 8664576160 2024-05-10 Franco Pavoncello 999009999 1 1 11 0 AAL2 X 2022 2023-04-26 12:10:37Z Franco Pavoncello 233 Via della Lungara Rome IT 00165 53869722 0 X www.johncabot.edu X 1972 DE Higher Education - Bachelor and Master degrees - accredited by the Middle States Commission on Higher Education; Professional and Continuing Education Programs and Courses 35 35 479 0 0 0 1497621 2095787 44518966 51284449 35548 489486 192512 0 46244647 53869722 9255989 9398569 0 0 16318717 17943543 21162 280248 390749 17067780 21809623 42663648 49431983 3580999 4437739 90176359 100244597 56502150 56971238 33674209 43273359 CO-EDUCATIONAL LIBERAL ARTS & SCIENCES EDUCATION 0 0 41958713 0 51579119 JCU OFFERS BACHELOR AND MASTER DEGREES IN ENGLISH IN ITALY ONLY. JCU PROVIDED ASSISTANCE TO STUDENTS VIA 749 SCHOLARSHIPS. JCU SUPPORTED 23 RESIDENT ASSISTANTS PER SEMESTER DURING THE 2022-2023 SCHOOL YEAR. 123367 0 194816 JCU OFFERS PROFESSIONAL AND CONTINUING EDUCATION PROGRAMS AND COURSES FOR A VARIETY OF INDIVIDUALS, COMPANIES AND THE PUBLIC ADMINISTRATION. 0 0 0 42082080 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 12 0 479 1 0 1 IT 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 DE X FRANCO PAVONCELLO 8664576160 233 Via della Lungara Rome RM IT 00165 TOTAL SUMMARY 38 0 X 1439736 0 87366 Sal Salibello Chairman, Board of Trustees 2 0 X 0 0 0 Stefano Acunto Institutional Trustee 2 0 X 0 0 0 Rosemary Alito Institutional Trustee 2 0 X 0 0 0 Ali Reza Arabnia Institutional Trustee 2 0 X 0 0 0 Robert Leon Buly Institutional Trustee 2 0 X 0 0 0 Vivian Cardia Institutional Trustee 2 0 X 0 0 0 William A Cavendish Institutional Trustee 2 0 X 0 0 0 James Colucci Institutional Trustee 2 0 X 0 0 0 Frank J Desiderio Vice Chairman, Board of Trustees 2 0 X 0 0 0 John T Dunlap Institutional Trustee 2 0 X 0 0 0 Frank Fekete Institutional Trustee 2 0 X 0 0 0 Kristin Frohring KushlanFinkelstein Institutional Trustee 2 0 X 0 0 0 Paula Frohring Institutional Trustee 2 0 X 0 0 0 Angelo J Genova Institutional Trustee 2 0 X 0 0 0 Lucio Ghia Institutional Trustee 2 0 X 0 0 0 Frank J Guarini Institutional Trustee 2 0 X 0 0 0 Munr Kazmir Institutional Trustee 2 0 X 0 0 0 Alexandria J Maloney Institutional Trustee 2 0 X 0 0 0 William J Martini Institutional Trustee 2 0 X 0 0 0 Carol M Maurer Institutional Trustee 2 0 X 0 0 0 Amalia Mazzolin Institutional Trustee 2 0 X 0 0 0 John Meditz Institutional Trustee 2 0 X 0 0 0 Steve Menzies Institutional Trustee 2 0 X 0 0 0 Alexander Mirabella Institutional Trustee 2 0 X 0 0 0 Joseph A Panepinto Sr Institutional Trustee 2 0 X 0 0 0 Portia Anne Prebys Vice Chairman, Board of Trustees 2 0 X 0 0 0 Ruth Rabb Institutional Trustee 2 0 X 0 0 0 Robert Robotti Institutional Trustee 2 0 X 0 0 0 Francesco Ruspoli Institutional Trustee 2 0 X 0 0 0 Braden Smith Institutional Trustee 2 0 X 0 0 0 Kem Turner Institutional Trustee 2 0 X 0 0 0 Angelo Vivolo Institutional Trustee 2 0 X 0 0 0 Frederick Vreeland Institutional Trustee 2 0 X 0 0 0 Richard Joseph Wolff Institutional Trustee 2 0 X 0 0 0 Franco Pavoncello President 38 0 X 0 0 0 Mary P Merva Vice President & Dean for Academic Affairs 38 0 X 0 0 0 Jose B Alvarez Vice President for Strategic Initiatives and Operations 38 0 X 0 0 0 Stefano Curcuruto Director of Finance 38.00 0 X 0 0 0 Stefano Arnone Dean of Academic Affairs 38 0 X 0 0 0 James Gardner Associate Professor 38 0 X 0 0 0 Antonella Salvatore Executive Manager, Center for Professional and Continuing Education and Career Services 38 0 X 0 0 0 1439736 0 87366 7 0 1 0 ICTSItalia Srl Piazza della liberta 10 Roma IT 00192 Security 835376 Ediltecnico Restauri SRLS Via dei Carraresi 18 Roma IT 00100 Construction 785953 klean Soc Cop Via Siria 24 Roma IT 00179 Cleaning 442731 Jenzabar Inc Boston Boston MA 022845588 Software House 329132 Serramenti Falchetti Srl Via Ardeatina KM 23700 Ardea Rome IT 00040 Construction 239378 13 0 0 0 0 0 2095787 153922 2095787 Tuition and Fees 611310 40590492 40590492 0 0 Housing and Meal Plan 611310 10059059 10059059 0 0 Other Services to Students 611310 634898 634898 0 0 0 0 0 0 51284449 489486 0 0 489486 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 53869722 51284449 0 489486 0 0 0 0 9398569 9398569 0 0 1527102 308037 1108564 110501 0 0 0 0 13356150 10684920 2671230 0 43584 34867 8717 0 0 0 0 0 3016707 2413366 603341 351187 70237 280950 0 112427 22485 89942 0 271687 81506 190181 0 0 0 0 280248 280248 0 0 0 0 0 0 0 0 968956 872060 96896 0 1436519 718260 718259 0 912992 821693 91299 0 0 0 0 0 3100899 2480719 620180 0 26991 13496 13495 0 0 0 0 0 509458 407566 101892 0 107080 96372 10708 0 0 0 0 0 1577722 1262178 315544 0 189781 151825 37956 0 Auxiliary Expenses 460718 460718 0 0 Housing and Meal Plan Expenses 7587826 7587826 0 0 Student Services Expenses 1276754 1276754 0 0 Instructional Expenses 766392 766392 0 0 2152234 2152234 0 0 49431983 42082080 6959154 390749 11748908 17222848 6452006 6811635 0 0 3366977 2094901 0 0 0 0 0 0 0 0 2805230 5374188 36747926 16569196 17945722 20178730 6339784 7108173 0 0 0 0 0 0 41517732 41454122 90176359 100244597 5795965 5132248 0 0 1955896 2523222 0 0 0 0 0 0 3884831 3663653 0 0 44865458 45652115 56502150 56971238 X 27115164 36367151 6559045 6906208 33674209 43273359 90176359 100244597 X 4437739 2761149 0 0 0 2400262 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6339784 0 768389 0 0 0 7108173 7288851 0 -949067 0 0 0 6339784 6066824 0 1222027 0 0 0 7288851 5591069 0 475755 0 0 0 6066824 5103172 0 487897 0 0 0 5591069 0.87 0.13 0 0 0 2204874 0 2204874 11632805 0 2460977 9171828 0 12385665 5919735 6465930 0 6138032 5095206 1042826 0 4386550 3093278 1293272 20178730 Right Of Use 41454122 41454122 0 Right Of Use 42102630 Fund For Deferred Compensation (TFR) 3549485 45652115 44498593 0 0 241471 0 241471 44257122 0 9612600 9612600 53869722 37881183 0 0 0 0 0 37881183 0 11550800 11550800 49431983 Schedule D, Part V, Line 4 Fund for scholarships for students Schedule D, Part XI, Line 4b USD 214,030 contribution to partially restricted funds; USD 9,398,569 expenses netted against revenues (scholarships and other reductions) Schedule D, Part XII, Line 4b USD 9,398,569 expenses netted against revenues (scholarships and other reductions); USD 2,152,234 foreign currency translation loss on operations 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 JCU has published a non-discriminatory policy in the viewbook, catalogue, website and application form. Schedule E, Part I, Line 4 The question is optional on the student application and not always answered. We do not collate the data, neither we have/keep racial records in our accounting/management system for faculty and staff. Schedule E, Part I, Line 6 JCU participates in US Federal Direct Loan programs including Subsidized, Unsubsidized and PLUS loans. JCU participates in Veterans Post 9/11 GIBILL benefits program. 1 Europe (including Iceland and Greenland) 1 470 Program Services Daily operations of the University 49051321 1 470 49051321 Scholarships to Italian students Europe (including Iceland and Greenland) 278 2320660 Credit student account 0 Book Scholarships to US students Europe (including Iceland and Greenland) 242 2375739 Credit student account 0 Book Scholarships to students of other regions Europe (including Iceland and Greenland) 223 2063813 Credit student account 0 Book 0 0 0 0 0 0 Schedule F, Part I, Line 2 JOHN CABOT UNIVERSITY USES A DATABASE SOFTWARE TO MONITOR FINANCIAL AID. POTENTIAL FINANCIAL AID RECIPIENTS COMPLETE APPLICATIONS FOR VARIOUS FORMS OF FINANCIAL ASSISTANCE. THE FINANCIAL AID OFFICE REVIEWS THE APPLICATIONS AND SUPPORTING DOCUMENTS, AND AWARDS AID BASED ON ACADEMIC MERIT AND/OR FINANCIAL NEED. THE FINANCIAL AID OFFICE VERIFIES THAT OTHER REQUIREMENTS ARE MET INCLUDING GPA, CREDIT HOURS, ACADEMIC STANDING AND ENROLLMENT STATUS. FINANCIAL AID RECIPIENTS ARE NOTIFIED OF THE TYPE AND AMOUNT OF THEIR AID AWARD. EACH SEMESTER THE AWARD IS CREDITED TO THE STUDENT ACCOUNT. X X X X X 0 All States X X X 0 0 0 0 0 0 0 0 0 TOTAL SUMMARY 1439736 0 0 0 87366 0 0 0 0 0 1527102 0 0 0 Schedule J, Part II We have not provided details concerning compensation due to Italian privacy law concerns and GDPR. X 4 153922 Selling price 0 0 0 0 Form 990, Part V, Line 2a The total number of US employees that received a W2 form is 16, the total number of non US employees not reported with the W3 form is 470 as they received the Italian tax form (CU) and therefore do not need to report their earnings in the US. Form 990, Part VI, Section A, Line 8b Minutes are taken. Form 990, Part VI, Section B, Line 11b The policy on COI is not available to the public, but only to employees of the organization, the Board of Trustees and auditors. Form 990, Part VI, Section B, Line 12c The policy on conflict of interest is specified in the employment manual. To avoid a COI the university has a separation of duties and powers and a proper bidding process for purchases exceeding a specific dollar amount. Form 990, Part VI, Section B, Line 15 Details have been included in schedule O. Form 990, Part VI, Section C, Line 19 A copy of the form 990 was not provided to the university's Board of Trustees prior to filing. The Director of Finance reviews it with the President, who signs the return prior to filing. JCU has established a Conflict of Interest policy which has been reviewed and approved by the Board of Trustees. While JCU's Board of Trustees is not currently required to sign an annual statement that they are free from conflicts of interest, as part of their position on the Board they are expected to disclose to the university and the remainder of the Board participation in any activities or circumstances that may present a conflict of interest as soon as they become aware of it. JCU does not make its governing documents, conflict of interest policy or financial statements available to the public. The salary of the President has been decided by a Board Commitee. The salary of the Directors and key employees is decided by the President. The company philosophy is to match the market on average pay, identifying the median. Form 990, Part XI, Line 9 The difference of USD 2,400,262 in change in net assets is due to the EUR recalculation of the assets at the June 30 2023 exchange rate. Late filing due to late audit