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RIDER UNIVERSITY: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
RIDER UNIVERSITY (EIN 21-0650678)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-15
IRS object ID
202411369349308616
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-15T12:27:14-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1TWO INTERNATIONAL PLACE 22ND FLOORAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN210650678EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RIDER UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRIDEBusinessNameControlTxt
Phone6098965000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12083 LAWRENCEVILLE ROADAddressLine1Txt
CityLAWRENCEVILLECityNm
State AbbreviationNJStateAbbreviationCd
ZIP08648ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES P HARTMANPersonNm
Person TitleSR VP FINANCE/TREASURER & CFOPersonTitleTxt
Phone6098965000PhoneNum
Signature2024-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAMESPersonFirstNm
Person LastHARTMANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAURA J KENNEYPreparerPersonNm
PTINP00202198PTIN
Phone6177170831PhoneNum
Preparation2024-05-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGREGORY G DELL'OMO PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12083 LAWRENCEVILLE ROADAddressLine1Txt
CityLAWRENCEVILLECityNm
State AbbreviationNJStateAbbreviationCd
ZIP08648ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$254,406,482GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RIDER.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1865FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionA NOT-FOR-PROFIT, PRIVATE UNIVERSITY, OFFERING UNDERGRADUATE, GRADUATE, AND DOCTORAL PROGRAMSActivityOrMissionDesc
Voting Members Governing Body29VotingMembersGoverningBodyCnt
Voting Members Independent29VotingMembersIndependentCnt
Total Employee2423TotalEmployeeCnt
Total Volunteers556TotalVolunteersCnt
Total Gross UBI$1,079,315TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$21,812,671PYContributionsGrantsAmt
CY Contributions Grants$12,083,114CYContributionsGrantsAmt
PY Program Service Revenue$181,969,705PYProgramServiceRevenueAmt
CY Program Service Revenue$173,662,709CYProgramServiceRevenueAmt
PY Investment Income$13,952,109PYInvestmentIncomeAmt
CY Investment Income$8,577,480CYInvestmentIncomeAmt
PY Other Revenue$1,639,813PYOtherRevenueAmt
CY Other Revenue$1,687,491CYOtherRevenueAmt
PY Total Revenue$219,374,298PYTotalRevenueAmt
CY Total Revenue$196,010,794CYTotalRevenueAmt
PY Grants And Similar Paid$75,784,719PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$71,904,025CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$87,042,499PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$78,678,010CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$60,512PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,498,370CYTotalFundraisingExpenseAmt
PY Other Expenses$68,617,966PYOtherExpensesAmt
CY Other Expenses$68,371,191CYOtherExpensesAmt
PY Total Expenses$231,505,696PYTotalExpensesAmt
CY Total Expenses$218,953,226CYTotalExpensesAmt
PY Revenues Less Expenses-$12,131,398PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$22,942,432CYRevenuesLessExpensesAmt
Total Assets BOY$265,186,497TotalAssetsBOYAmt
Total Assets EOY$247,078,205TotalAssetsEOYAmt
Total Liabilities BOY$152,975,572TotalLiabilitiesBOYAmt
Total Liabilities EOY$161,800,431TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$112,210,925NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$85,277,774NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionRIDER UNIVERSITY IS A COMPREHENSIVE, PRIVATE UNIVERSITY OFFERING UNDERGRADUATE AND GRADUATE PROGRAMS IN BUSINESS, EDUCATION, LIBERAL ARTS, SCIENCES, MUSIC, AND FINE AND PERFORMING ARTS.SEE SCHEDULE O FOR RIDER UNIVERSITY'S MISSION, VISION, AND PROMISE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$121,267,463ExpenseAmt
Grant$70,940,596GrantAmt
Revenue$80,218,968RevenueAmt
DescINSTRUCTION: RIDER UNIVERSITY IS AN INDEPENDENT, COMPREHENSIVE, TEACHING ORIENTED INSTITUTION OF HIGHER LEARNING. THE UNIVERSITY OFFERS FINANCIAL SUPPORT TO STUDENTS THROUGH ACADEMIC AND ATHLETIC SCHOLARSHIPS, GRANTS AND STUDENT WORKSTUDY PROGRAMS. RIDER UNIVERSITY IS CURRENTLY ORGANIZED INTO THREE COLLEGES - THE COLLEGE OF ARTS AND SCIENCES; THE COLLEGE OF EDUCATION AND HUMAN SERVICES; AND THE NORM BRODSKY COLLEGE OF BUSINESS. SEE SCHEDULE O FOR CONTINUATION OF ACCOMPLISHMENTS FOR INSTRUCTION.THE PRIVATE UNIVERSITY CURRENTLY SERVES 3,168 FULL-TIME EQUIVALENT UNDERGRADUATE STUDENTS AND 886 FULL-TIME EQUIVALENT GRADUATE STUDENTS IN OVER 90 UNDERGRADUATE MAJORS AND MINORS AND OVER 40 GRADUATE DEGREES AND CERTIFICATE PROGRAMS. THERE ARE OVER 200 FULL-TIME FACULTY, WITH 92% HOLDING A DOCTORATE OR THE HIGHEST DEGREE IN THEIR FIELD.RIDER IS REGIONALLY ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION AND ALSO HOLDS SPECIALIZED ACCREDITATION WITH THESE PRESTIGIOUS EDUCATIONAL ORGANIZATIONS:- AACSB INTERNATIONAL (ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS) - RIDER IS AMONG THE SELECT BUSINESS SCHOOLS TO HAVE ATTAINED THIS DISTINCTION AND THE ONLY SCHOOL IN NEW JERSEY TO HOLD THE SPECIALIZED AACSB ACCREDITATION IN ACCOUNTING.- NCATE AND CAEP - ELEMENTARY AND SECONDARY EDUCATION PROGRAMS AND THEIR APPLICABLE GRADUATE PROGRAMS ON BOTH CAMPUSES ARE ACCREDITED BY THE NATIONAL COUNCIL FOR THE ACCREDITATION OF TEACHER EDUCATION AND THE COUNCIL FOR THE ACCREDITATION OF EDUCATOR PREPARATION.- NASM - THE UNDERGRADUATE AND GRADUATE MUSIC PROGRAMS OF WESTMINSTER CHOIR COLLEGE ARE ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC.- CACREP - RIDER'S GRADUATE COUNSELING SERVICES PROGRAM IN THE SCHOOL OF EDUCATION HOLDS NATIONAL ACCREDITATION FROM THE COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATION PROGRAMS.- NASP - THE SCHOOL PSYCHOLOGY PROGRAM IN THE SCHOOL OF EDUCATION IS ACCREDITED BY THE NATIONAL ACCREDITATION OF SCHOOL PSYCHOLOGISTS.- AMERICAN CHEMICAL SOCIETY - RIDER'S CHEMISTRY PROGRAM IS ACCREDITED BY THE AMERICAN CHEMICAL SOCIETY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$26,805,328ExpenseAmt
Grant$0GrantAmt
Revenue$43,035,245RevenueAmt
DescSTUDENT SERVICES: RIDER UNIVERSITY PROVIDES THESE SERVICES TO THE ENTIRE STUDENT COMMUNITY IN AN EFFORT TO DEVELOP THE INTELLECTUAL AND SOCIAL TALENTS OF ITS STUDENTS. THESE SERVICES INCLUDE: ADMISSIONS, ATHLETICS, GREEK LIFE, CAREER SERVICES, CAMPUS LIFE, COUNSELING CENTER, HEALTH CENTER, FINANCIAL AID, RECREATION PROGRAMS, AND ACADEMIC SUPPORT.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$26,195,038ExpenseAmt
Grant$932,203GrantAmt
Revenue$27,093,885RevenueAmt
DescAUXILIARY ENTERPRISES: PRIMARY ROOM AND BOARD. THE LAWRENCEVILLE CAMPUS HOUSES APPROXIMATELY 2,000 STUDENTS IN FIFTEEN RESIDENCE HALLS AND SIX SPECIAL INTEREST HOUSES. THE LAWRENCEVILLE CAMPUS OFFERS AN ARRAY OF FOOD OPTIONS FOR FACULTY, STUDENTS, STAFF, AND GUESTS IN THE DINING HALL, CAFES, AND VENDING AREAS. FACILITIES FOR DINING INCLUDE DALY'S DINING HALL, CRANBERRY'S, STARBUCKS, AND SAXBY'S. RIDER UNIVERSITY ALSO OFFERS SPACE FOR RENTALS FOR CAMPS, CONFERENCES, AND BANQUETS. IN ADDITION, WE PROVIDE MUSIC INSTRUCTION FOR THE COMMUNITY.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtGrantGrantAmtRevenueRevenueAmtDescDesc
$13,550,565$31,226$21,756,185ACADEMIC SUPPORT: GENERAL SUPPORT TO THE STUDENTS. THESE INCLUDE ACADEMIC INFORMATION TECHNOLOGY, DEAN'S OFFICE, LIBRARIES, THEATER, ART GALLERY, TV STUDIO, AND OTHER SIMILAR ACADEMIC ACTIVITIES.
$971,573$0$1,558,426RESEARCH: RESEARCH PERFORMED BY FACULTY AND STUDENTS
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$14,522,138TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$31,226TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$23,314,611TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$188,789,967TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document323IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee2423EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members29GoverningBodyVotingMembersCnt
Independent Voting Member29IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JAMES P HARTMANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6098965000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12083 LAWRENCEVILLE ROADAddressLine1Txt
CityLAWRENCEVILLECityNm
State AbbreviationNJStateAbbreviationCd
ZIP086483099ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndKey EmployeeKeyEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
GREGORY G DELL'OMO PHD
PRESIDENT50.000.00Yes (X)$461,222$0$95,925
KEVIN A BAGGETT
BASKETBALL COACH37.500.00$349,994$0$36,434Yes (X)
MARSHALL ONOFRIO
DEAN EMERITUS TO AUG 202237.500.00$316,062$0$16,658Yes (X)
JAMES P HARTMAN
SR VP FINANCE/TREASURER & CFO50.000.00Yes (X)$268,021$0$32,849
DONNAJEAN A FREDEEN
PROVOST/VP ACADEMIC AFFAIRS50.000.00Yes (X)$271,481$0$15,994
MARK A SOLOMON
VP LEGAL AFFAIRS & GENERAL50.000.00Yes (X)$236,814$0$43,639
KARIN KLIM
VP UNIVERSITY ADVANCEMENT50.000.00$222,740$0$50,858Yes (X)
EUGENE KUTCHER DEAN OF NORM
BRODSKY COLLEGE OF BUSINESS37.500.00$226,680$0$24,888Yes (X)
DREW C AROMANDO
VP ENROLLMENT MANAGEMENT50.000.00$221,981$0$16,885Yes (X)
MICHAEL F RECA
VP FACILITIES & UNIVERSITY50.000.00$223,784$0$13,372Yes (X)
KELLY BIDLE
DEAN COLLEGE OF ARTS & SCIENCE50.000.00$207,879$0$14,644Yes (X)
DEBORA Z STASOLLA SECRETARY
VP STRATEGIC INITIATIVES & PLANNING50.000.00Yes (X)$160,255$0$30,944
JOHN GUARINO
CHAIR5.000.00Yes (X)$0$0$0Yes (X)
JAMES P BUSH
VICE CHAIR5.000.00Yes (X)$0$0$0Yes (X)
JOAN MAZZOTTI
VICE CHAIR5.000.00Yes (X)$0$0$0Yes (X)
JULIO R ABREU
TRUSTEE1.000.00$0$0$0Yes (X)
SUZANNE BORGOS
TRUSTEE1.000.00$0$0$0Yes (X)
JILL HAMMER CANASTRA
TRUSTEE1.000.00$0$0$0Yes (X)
KEITH N DIGRAZIO
TRUSTEE1.000.00$0$0$0Yes (X)
CARLOS DORTRAIT
TRUSTEE1.000.00$0$0$0Yes (X)
PATRICIA HARTPENCE
TRUSTEE1.000.00$0$0$0Yes (X)
DR DEBORAH HASKINS
TRUSTEE1.000.00$0$0$0Yes (X)
WARREN HIRSCHHORN
TRUSTEE1.000.00$0$0$0Yes (X)
WILLIAM H KURTZ
TRUSTEE1.000.00$0$0$0Yes (X)
THOMAS J LYNCH
TRUSTEE1.000.00$0$0$0Yes (X)
JOSEPH J MAGGIO
TRUSTEE1.000.00$0$0$0Yes (X)
JOSEPH MCDOUGALL
TRUSTEE1.000.00$0$0$0Yes (X)
TERRY MCEWEN
TRUSTEE1.000.00$0$0$0Yes (X)
HON MARC A MCKITHEN
TRUSTEE1.000.00$0$0$0Yes (X)
GARY NEUBECK
TRUSTEE1.000.00$0$0$0Yes (X)
MARK S NURSE
TRUSTEE1.000.00$0$0$0Yes (X)
DENISE PETITTA
TRUSTEE1.000.00$0$0$0Yes (X)
MICHELE POWERS
TRUSTEE1.000.00$0$0$0Yes (X)
BARRY RABNER
TRUSTEE1.000.00$0$0$0Yes (X)
SHERISE RITTER
TRUSTEE2.000.00$0$0$0Yes (X)
JANET L RUSSELL
TRUSTEE1.000.00$0$0$0Yes (X)
ROBERT SCHIMEK
TRUSTEE1.000.00$0$0$0Yes (X)
HON MARK S SCHWEIKER
TRUSTEE1.000.00$0$0$0Yes (X)
WRIGHT SENERES
TRUSTEE1.000.00$0$0$0Yes (X)
ARTHUR J STAINMAN
TRUSTEE2.000.00$0$0$0Yes (X)
ANNEMARIE WOODS
TRUSTEE1.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,166,913TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$393,090TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K205IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ELLUCIAN COMPANY LLC
62590 COLLECTION CENTER DRIVECHICAGOIL60693INFORMATION TECHNOLOGY SERVICES$3,025,383
PRINCETON PARTNERS LLC
189 WALL STPRINCETONNJ08540MARKETING SERVICES$1,716,423
PRECISION PRO
676 JULIUSTOWN GEORGETOWN RDJOBSTOWNNJ08041INFORMATION TECHNOLOGY SERVICES$660,793
ONE SIXTY OVER NINETY LLC
510 WALNUT STREET FLOOR 19PHILADELPHIAPA19106MARKETING SERVICES$413,080
TROUTMAN PEPPER HAMILTON SANDERS LLP
600 PEACHTREE ST NE 3000ATLANTAGA30308LEGAL SERVICES$409,310
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K14CntrctRcvdGreaterThan100KCnt
Fundraising$54,230FundraisingAmt
Government Grants$3,876,280GovernmentGrantsAmt
All Other Contributions$8,152,604AllOtherContributionsAmt
Noncash Contributions$283,587NoncashContributionsAmt
Total Contributions$12,083,114TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611310$142,122,077$142,122,077
ROOM AND BOARD611310$25,491,261$25,491,261
OTHER PROGRAM SERVICE REVENUE611310$6,049,371$6,049,371
FieldValueIRS element (for citing)
Total Program Service Revenue$173,662,709TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,732,146TotalRevenueColumnAmt
Unrelated Business Revenue$154,824UnrelatedBusinessRevenueAmt
Exclusion$7,577,322ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$50,134TotalRevenueColumnAmt
Exclusion$50,134ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$149,720RealAmt
Personal$97,614PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$149,720RealAmt
Personal$97,614PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$247,334TotalRevenueColumnAmt
Unrelated Business Revenue$97,614UnrelatedBusinessRevenueAmt
Exclusion$149,720ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$59,158,782SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$58,313,448SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$845,334SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$845,334TotalRevenueColumnAmt
Unrelated Business Revenue$97,604UnrelatedBusinessRevenueAmt
Exclusion$747,730ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$80,306FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$54,230ContriRptFundraisingEventAmt
Fundraising Direct Expenses$82,240FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,934TotalRevenueColumnAmt
Exclusion-$1,934ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
BUSINESS CONFERENCE CENTER721000$1,309,880$705,952$603,928
VENDING MACHINE COMMISSION722515$54,404$54,404
FITNESS CENTER713940$27,673$23,321$4,352
FieldValueIRS element (for citing)
Other Revenue Total$1,391,957OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$196,010,794TotalRevenueColumnAmt
Related Or Exempt Func Income$173,662,709RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,079,315UnrelatedBusinessRevenueAmt
Exclusion$9,185,656ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$31,226TotalAmt
Program Services$31,226ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$71,872,799TotalAmt
Program Services$71,872,799ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,095,340TotalAmt
Program Services$500,424ProgramServicesAmt
Management And General$1,404,240ManagementAndGeneralAmt
Fundraising$190,676FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$13,708TotalAmt
Program Services$13,708ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$60,770,397TotalAmt
Program Services$52,064,365ProgramServicesAmt
Management And General$7,417,886ManagementAndGeneralAmt
Fundraising$1,288,146FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$991,222TotalAmt
Program Services$815,133ProgramServicesAmt
Management And General$143,164ManagementAndGeneralAmt
Fundraising$32,925FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$10,166,255TotalAmt
Program Services$6,405,749ProgramServicesAmt
Management And General$3,534,819ManagementAndGeneralAmt
Fundraising$225,687FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$4,641,088TotalAmt
Program Services$3,957,238ProgramServicesAmt
Management And General$573,156ManagementAndGeneralAmt
Fundraising$110,694FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$517,956TotalAmt
Program Services$517,956ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$853,139TotalAmt
Program Services$420ProgramServicesAmt
Management And General$852,719ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$223,800TotalAmt
Management And General$223,800ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$7,244TotalAmt
Management And General$7,244ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$282,255TotalAmt
Management And General$282,255ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,857,495TotalAmt
Program Services$2,061,891ProgramServicesAmt
Management And General$1,716,693ManagementAndGeneralAmt
Fundraising$78,911FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,862,753TotalAmt
Program Services$525,317ProgramServicesAmt
Management And General$3,306,535ManagementAndGeneralAmt
Fundraising$30,901FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,986,590TotalAmt
Program Services$974,392ProgramServicesAmt
Management And General$1,976,578ManagementAndGeneralAmt
Fundraising$35,620FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,668,124TotalAmt
Program Services$7,201,092ProgramServicesAmt
Management And General$1,267,853ManagementAndGeneralAmt
Fundraising$199,179FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$9,099,448TotalAmt
Program Services$8,649,578ProgramServicesAmt
Management And General$401,947ManagementAndGeneralAmt
Fundraising$47,923FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,091,840TotalAmt
Program Services$2,743,446ProgramServicesAmt
Management And General$306,643ManagementAndGeneralAmt
Fundraising$41,751FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$940,738TotalAmt
Program Services$763,221ProgramServicesAmt
Management And General$134,158ManagementAndGeneralAmt
Fundraising$43,359FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$6,152,906TotalAmt
Program Services$5,220,160ProgramServicesAmt
Management And General$902,930ManagementAndGeneralAmt
Fundraising$29,816FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$12,707,034TotalAmt
Program Services$12,203,836ProgramServicesAmt
Management And General$433,309ManagementAndGeneralAmt
Fundraising$69,889FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,935,990TotalAmt
Program Services$15,149ProgramServicesAmt
Management And General$1,920,841ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD SERVICE$9,793,359$9,793,359
BOOK/PERIODICALS/SUBSCR$762,335$722,623$27,409$12,303
DUES/MEMBERSHIPS$646,992$231,458$401,296$14,238
ALLOCATIONS/BAD DEBTS$309,547$309,547

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,671,646TotalAmt
Program Services$1,505,427ProgramServicesAmt
Management And General$119,867ManagementAndGeneralAmt
Fundraising$46,352FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$218,953,226TotalAmt
Program Services$188,789,967ProgramServicesAmt
Management And General$27,664,889ManagementAndGeneralAmt
Fundraising$2,498,370FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$12,188BOYAmt
EOY$12,038EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$13,953,010BOYAmt
EOY$8,381,619EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$17,955,100BOYAmt
EOY$17,233,711EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,366,995BOYAmt
EOY$5,351,778EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,340,597BOYAmt
EOY$1,522,597EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$353,568,366LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$212,927,202LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$150,520,092BOYAmt
EOY$140,641,164EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$50,796,443BOYAmt
EOY$51,999,729EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$22,401,289BOYAmt
EOY$18,568,975EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$1,407,144BOYAmt
EOY$1,026,369EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,433,639BOYAmt
EOY$2,340,225EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$265,186,497BOYAmt
EOY$247,078,205EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$18,194,267BOYAmt
EOY$17,610,490EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$11,548,425BOYAmt
EOY$12,932,349EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$109,158,516BOYAmt
EOY$108,968,342EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$104,078BOYAmt
EOY$107,094EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$199,550BOYAmt
EOY$8,502,399EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,770,736BOYAmt
EOY$13,679,757EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$152,975,572BOYAmt
EOY$161,800,431EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,342,751BOYAmt
EOY-$11,700,879EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$104,868,174BOYAmt
EOY$96,978,653EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$112,210,925BOYAmt
EOY$85,277,774EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$265,186,497BOYAmt
EOY$247,078,205EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$22,942,432ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$2,644,795NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$1,345,924OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$2,081DirectContactLegislatorsAmt
Rallies DemonstrationsYes (1)RalliesDemonstrationsInd
Rallies Demonstrations$25,171RalliesDemonstrationsAmt
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$7,244OtherActivitiesAmt
Total Lobbying Expenditures$34,496TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationPAID STAFF AND DIRECT CONTACT: THE PRESIDENT MET WITH KEY LEGISLATORS AND POLICYMAKERS IN AN EFFORT TO ADVOCATE ON BEHALF OF THE STUDENTS AT RIDER UNIVERSITY WHO RECEIVE FINANCIAL SUPPORT FROM THE STATE AND FEDERAL GOVERNMENT. SPEECHES, LECTURES: THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IN NEW JERSEY (ICUNJ) IS COMMITTED TO THE ADVANCEMENT OF INDEPENDENT HIGHER EDUCATION IN NEW JERSEY. IT SERVES AS A LIAISON WITH THE STATE AND FEDERAL GOVERNMENT ON BEHALF OF THE INDEPENDENT SECTOR. THE PRESIDENT OF RIDER UNIVERSITY ATTENDED AICUNJ MEETINGS, AS WELL AS OTHER INDUSTRY ASSOCIATION MEETINGS, THROUGHOUT FISCAL YEAR 2023 AND SUPPORTED ITS EFFORTS TO ADVOCATE ON BEHALF OF RIDER AND THE INDEPENDENT SECTOR. OTHER LOBBYING ACTIVITIES: THE UNIVERSITY PAYS ANNUAL ASSOCIATION DUES TO ICUNJ, TO THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU), AND TO THE INDEPENDENT COLLEGE FUND OF NEW JERSEY (ICFNJ). AMONG OTHER SERVICES, THESE ASSOCIATIONS LOBBY ON BEHALF OF SECTOR NEEDS.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$77,440,233BeginningYearBalanceAmt
Contributions$4,305,541ContributionsAmt
Investment Earnings Or Losses$8,247,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,354,365GrantsOrScholarshipsAmt
Other Expenditures$739,409OtherExpendituresAmt
End Year Balance$82,899,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$86,549,141BeginningYearBalanceAmt
Contributions$575,713ContributionsAmt
Investment Earnings Or Losses-$5,427,525InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,796,616GrantsOrScholarshipsAmt
Other Expenditures$460,480OtherExpendituresAmt
End Year Balance$77,440,233EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$69,049,047BeginningYearBalanceAmt
Contributions$2,451,295ContributionsAmt
Investment Earnings Or Losses$18,897,830InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,433,997GrantsOrScholarshipsAmt
Other Expenditures$415,034OtherExpendituresAmt
End Year Balance$86,549,141EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$67,045,984BeginningYearBalanceAmt
Contributions$6,004,689ContributionsAmt
Investment Earnings Or Losses-$339,250InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,253,609GrantsOrScholarshipsAmt
Other Expenditures$408,767OtherExpendituresAmt
End Year Balance$69,049,047EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$59,732,623BeginningYearBalanceAmt
Contributions$8,093,298ContributionsAmt
Investment Earnings Or Losses$2,707,988InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,035,017GrantsOrScholarshipsAmt
Other Expenditures$452,908OtherExpendituresAmt
End Year Balance$67,045,984EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.11900BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.71230PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.16870TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$3,960,000InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$253,359OtherCostOrOtherBasisAmt
Book Value$4,213,359BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$264,350,301OtherCostOrOtherBasisAmt
Depreciation$148,052,966DepreciationAmt
Book Value$116,297,335BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$34,477,851OtherCostOrOtherBasisAmt
Depreciation$23,024,714DepreciationAmt
Book Value$11,453,137BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$50,526,855OtherCostOrOtherBasisAmt
Depreciation$41,849,522DepreciationAmt
Book Value$8,677,333BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$140,641,164TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
ALTERNATIVES: PRIVATE REAL ASSETS$3,561,317F
ALTERNATIVES: DOMESTIC EQUITY$1,914,383F
ALTERNATIVES: FLEXIBLE CAPITAL$647,268F
ALTERNATIVES: PRIVATE EQUITY$12,446,007F
FieldValueIRS element (for citing)
Total Book Value Securities$18,568,975TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)

DescDescAmtAmt
ASSET RETIREMENT OBLIGATION$5,934,998
US GOVERNMENT GRANTS REFUNDABLE$1,032,959
EMPLOYEE AND RETIREE MEDICAL SELF-INSURED LIABILITIY$1,684,940
CAPITAL LEASE$1,251,821
VENDOR LIABILITIES$611,523
ANNUITIES PAYABLE$435,798
STUDENT DEPOSITS AND CREDIT BALANCES$2,178,982
OTHER LIABILTIES$548,736
FieldValueIRS element (for citing)
Total Liability$13,679,757TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$119,865,021TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$2,644,795NetUnrealizedGainsInvstAmt
Other Revenue-$73,218,723OtherRevenueAmt
Revenue Not Reported-$75,863,518RevenueNotReportedAmt
Revenue Subtotal$195,728,539RevenueSubtotalAmt
Investment Expenses Not Incld$282,255InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$282,255RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$196,010,794TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$146,798,172TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$146,798,172ExpensesSubtotalAmt
Investment Expenses Not Incld2$282,255InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$71,872,799OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$72,155,054ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$218,953,226TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:THE UNIVERSITY IS A CUSTODIAN OF SEVERAL AGENCY ACCOUNTS TOTALING $107,094. THE AGENCY ACCOUNTS PRIMARILY RELATE TO STUDENT ORGANIZATIONS FOR WHICH THE UNIVERSITY HOLDS THE FUNDS FOR EACH ORGANIZATION UNTIL SUCH TIME AS A CHECK REQUEST IS SUBMITTED BY THE ORGANIZATION FOR REIMBURSEMENT. THIS AMOUNT IS RECORDED AS A LIABILITY ON THE UNIVERSITY'S BALANCE SHEET.
PART V, LINE 4:THE ENDOWMENT SPENDING POLICY SUPPORTS SCHOLARSHIPS, GRANTS, FACILITIES, AND PROGRAMS, IN ACCORDANCE WITH THE UNIVERSITY'S MISSION AND DONOR RESTRICTIONS.
PART X, LINE 2:THE UNIVERSITY IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). ACCORDINGLY, THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. NO PROVISION FOR INCOME TAXES WAS REQUIRED IN 2023 OR 2022. IN ADDITION, THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAIN TAX POSITIONS, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE UNIVERSITY'S FINANCIAL STATEMENTS, AS MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS OR OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 153,064. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -5,570. WRITE-OFF OF CONTRIBUTION RECEIVABLE -172,215. SCHOLARSHIP ALLOWANCE - AUXILIARIES -932,203. SCHOLARSHIP ALLOWANCE - TUITION AND FEES -70,940,596. CHANGE IN VALUE OF PENSION -1,321,203.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIP ALLOWANCE - AUXILIARIES 932,203. SCHOLARSHIP ALLOWANCE - TUITION AND FEES 70,940,596.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3A GENERAL STATEMENT OF NON-DISCRIMATION IS INCLUDED IN ALL ADVERTISEMENTS, IN NEWSPAPERS OF GENERAL CIRCULATION, OTHER PRINTED MEDIA RELATING TO THE RECRUITMENT OF STUDENTS AND EMPLOYEES, AND ON THE UNIVERSITY'S WEBSITE'S HOME PAGE.
SCHEDULE E, PART I, LINE 6THE UNIVERSITY RECEIVED THE FOLLOWING FEDERAL AND STATE OF NEW JERSEY STUDENT FINANCIAL ASSISTANCE: FEDERAL: FEDERAL DIRECT STUDENT LOAN PROGRAM $27,187,514 FEDERAL PELL GRANT PROGRAM $5,665,943 FEDERAL WORK-STUDY $511,032 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT $394,909 FEDERAL STUDENT SUPPORT SERVICES $337,777 FEDERAL TEACHER EDUCATIONAL ASSISTANCE FOR COLLEGE & HIGHER ED GRANTS $5,658 TOTAL FEDERAL STUDENT FINANCIAL ASSISTANCE $34,102,833 STATE OF NEW JERSEY: NJ - TUITION AID GRANT $8,225,867 NJ - STARS II $42,500 NJ - EDUCATIONAL OPPORTUNITY FUND $596,607 TOTAL STATE OF NEW JERSEY STUDENT FINANCIAL ASSISTANCE $8,864,974 TOTAL STUDENT FINANCIAL ASSISTANCE $42,967,807

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN00INVESTMENTS$4,909,356
NORTH AMERICA00INVESTMENTS$741,797
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$5,651,153SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$5,651,153TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III ACCOUNTING METHOD:
PART IV, LINES 1, 3-5:FORMS 8865 AND 926 ARE BEING FILED AS AN ATTACHMENT TO THE FORM 990-T. THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP REQUIREMENT(S). IN ADDITION, FORM 8621 IS NOT REQUIRED AS THE ORGANIZATION DOES NOT MEET THE APPLICABLE FILING CRITERIA.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ATHLETICS GOLF GALAEvent1Nm
Gross Receipts Event1$64,692GrossReceiptsEvent1Amt
Charitable Contri Event1$17,180CharitableContriEvent1Amt
Gross Revenue Event1$47,512GrossRevenueEvent1Amt
Non Cash Prizes Event1$9,615NonCashPrizesEvent1Amt
Food And Beverage Event1$24,481FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$2,564OtherDirectExpensesEvent1Amt
Event2WRESTLING GOLF OUTINGEvent2Nm
Gross Receipts Event2$29,840GrossReceiptsEvent2Amt
Charitable Contri Event2$14,265CharitableContriEvent2Amt
Gross Revenue Event2$15,575GrossRevenueEvent2Amt
Non Cash Prizes Event2$7,442NonCashPrizesEvent2Amt
Rent Facility Costs Event2$7,540RentFacilityCostsEvent2Amt
Food And Beverage Event2$7,080FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$924OtherDirectExpensesEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$40,004GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$22,785CharitableContriOtherEventsAmt
Gross Revenue Other Events$17,219GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$1,635NonCashPrizesOtherEventsAmt
Food And Beverage Other Events$18,606FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$2,353OthDirectExpnssOtherEventsAmt
Gross Receipts Total$134,536GrossReceiptsTotalAmt
Charitable Contributions Tot$54,230CharitableContributionsTotAmt
Gross Revenue Total Events$80,306GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$18,692NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$7,540RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$50,167FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$5,841OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$82,240DirectExpenseSummaryEventsAmt
Net Income Summary-$1,934NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
RUTGERS UNIVERSITY
33 KNIGHTSBRIDGE ROADPISCATAWAYNJ08854237318742501(C)(3)$11,226$0RECRUITMENT FOR STEM PROGRAMS
RARITAN VALLEY COMMUNITY COLLEGE
118 LAMINGTON ROADBRANCHBURGNJ08876221815636501(C)(3)$20,000$0SUPPORT NEXT GENERATION SCIENCE STANDARDS
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (6 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmt
RIDER UNIVERSITY ATHLETICS, MERIT AND NEED-BASED FINANCIAL AID3079$68,148,889$0
RESTRICTED AID USED FOR SCHOLARSHIP537$2,648,444$0
N.J. - EDUCATIONAL OPPORTUNITY FUND108$584,046$0
FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM844$394,908$0
FEDERAL STUDENT SUPPORT SERVICES PROGRAM35$77,777$0
FEDERAL AMERICORPS EDUCATION AWARDS2$18,735$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE UNIVERSITY HAS PROCEDURES AND CONTROLS IN PLACE OVER THE AWARDING, DISBURSING, AND MONITORING OF SUBAWARDS MADE TO ORGANIZATIONS. THESE INCLUDE REVIEWING THE ANNUAL FINANCIAL STATEMENT AND SINGLE AUDIT REPORTS OF THE ORGANIZATION AND REVIEWING ALL SUPPORTING DOCUMENTATION INCLUDING INVOICES RECEIVED BY THE ORGANIZATION. THE UNIVERSITY HAS ESTABLISHED POLICIES, PROCEDURES, AND CONTROLS OVER THE AWARDING, DISBURSING, AND MONITORING OF STUDENT FINANCIAL AID OR ASSISTANCE TO INDIVIDUAL STUDENTS IN COMPLIANCE WITH FEDERAL AND STATE OF NEW JERSEY REGULATIONS AND REQUIREMENTS. IN ADDITION, THE UNIVERSITY HAS AN EXTERNAL AUDIT PERFORMED IN ACCORDANCE WITH TITLE 2 U.S. CODE OF FEDERAL REGULATIONS PART 200 (UNIFORM GUIDANCE) AND NEW JERSEY OFFICE OF MANAGEMENT AND BUDGET CIRCULAR 15-08. STUDENT FINANCIAL AID OR ASSISTANCE IS AWARDED ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
GREGORY G DELL'OMO PHD
PRESIDENT$446,201$0$0$0$15,021$0$22,856$0$73,069$0$557,147$0$0$0
KEVIN A BAGGETT
BASKETBALL COACH$347,614$0$0$0$2,380$0$17,763$0$18,671$0$386,428$0$0$0
MARSHALL ONOFRIO
DEAN EMERITUS TO AUG 2022$227,302$0$0$0$88,760$0$7,625$0$9,033$0$332,720$0$0$0
JAMES P HARTMAN
SR VP FINANCE/TREASURER & CFO$257,517$0$0$0$10,504$0$13,362$0$19,487$0$300,870$0$0$0
DONNAJEAN A FREDEEN
PROVOST/VP ACADEMIC AFFAIRS$270,781$0$0$0$700$0$13,469$0$2,525$0$287,475$0$0$0
MARK A SOLOMON
VP LEGAL AFFAIRS & GENERAL$236,814$0$0$0$0$0$12,017$0$31,622$0$280,453$0$0$0
KARIN KLIM
VP UNIVERSITY ADVANCEMENT$215,540$0$0$0$7,200$0$11,322$0$39,536$0$273,598$0$0$0
EUGENE KUTCHER DEAN OF NORM
BRODSKY COLLEGE OF BUSINESS$226,680$0$0$0$0$0$11,500$0$13,388$0$251,568$0$0$0
DREW C AROMANDO
VP ENROLLMENT MANAGEMENT$214,081$0$0$0$7,900$0$14,558$0$2,327$0$238,866$0$0$0
MICHAEL F RECA
VP FACILITIES & UNIVERSITY$223,084$0$0$0$700$0$11,000$0$2,372$0$237,156$0$0$0
KELLY BIDLE
DEAN COLLEGE OF ARTS & SCIENCE$207,879$0$0$0$0$0$11,718$0$2,926$0$222,523$0$0$0
DEBORA Z STASOLLA SECRETARY
VP STRATEGIC INITIATIVES & PLANNING$160,255$0$0$0$0$0$8,592$0$22,352$0$191,199$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AHOUSING ALLOWANCE: THE NONTAXABLE BENEFITS AMOUNT OF PRESIDENT GREGORY G. DELL'OMO, PH.D., REPORTED ON SCHEDULE J, PART II, COLUMN (D) INCLUDES THE FAIR MARKET RENTAL VALUE OF THE UNIVERSITY RESIDENCE PROVIDED TO THE PRESIDENT. THE FAIR MARKET RENTAL VALUE OF THE UNIVERSITY RESIDENCE IS $33,514, APPROXIMATELY 46% OF NONTAXABLE BENEFITS. THE PRESIDENT OF THE UNIVERSITY IS REQUIRED TO ACCEPT LODGING AND LIVE ADJACENT TO THE LAWRENCEVILLE CAMPUS AS A CONDITION OF HIS EMPLOYMENT. SOCIAL CLUB DUES: RIDER UNIVERSITY PAID $17,765 IN SOCIAL CLUB MEMBERSHIP FOR UNIVERSITY BUSINESS PURPOSES ON BEHALF OF PRESIDENT GREGORY G. DELL'OMO, PH.D., AND $7,964 ON BEHALF OF VP UNIVERSITY ADVANCEMENT KARIN KLIM. THESE AMOUNTS ARE NONTAXABLE TO THE RECIPIENTS AND IS INCLUDED IN THE AMOUNTS REPORTED ON SCHEDULE J, PART II, COLUMN (D). PERSONAL SERVICES: THE HOUSEKEEPING SERVICE THAT CLEANED BUILDINGS ON CAMPUS ALSO CLEANED THE PRESIDENTIAL RESIDENCE. THE COST OF THE CLEANING OF THE RESIDENCE IS NOT REPORTED AS COMPENSATION TO THE PRESIDENT ON SCHEDULE J, PART II.
PART I, LINES 4A-BSEVERANCE: DEAN EMERITUS MARSHALL ONOFRIO RECEIVED A SEVERANCE PAYMENT OF $66,570. THIS AMOUNT IS INCLUDED ON SCHEDULE J, PART II, COLUMN (B)(III). SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: PRESIDENT GREGORY G. DELL'OMO, PH.D., IS ELIGIBLE FOR AN ANNUAL PERFORMANCE BONUS TO BE CONTRIBUTED TO A 457(F) PLAN. IN CALENDAR YEAR 2022, NO CONTRIBUTION WAS MADE TO THE 457(F) PLAN. FOR FISCAL YEARS ENDING JUNE 30, 2021, OR EARLIER, CONTRIBUTIONS TO THE 457(F) PLAN VESTED IN ANNUAL INSTALLMENTS ON A PRORATED BASIS, WITH FULL VESTING ON JULY 31, 2022. THE AMOUNT FULLY VESTED AS OF THIS DATE IS $85,040. FOR FISCAL YEARS ENDING JUNE 30, 2022, OR LATER, CONTRIBUTIONS TO THE 457(F) PLAN VEST IN ANNUAL INSTALLMENTS ON A PRORATED BASIS, WITH FULL VESTING ON JULY 31, 2024, SUBJECT TO THE PRESIDENT'S CONTINUED EMPLOYMENT.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
PUBLIC FINANCE AUTHORITY
A27386612474442PRH02021-05-28$32,920,000CURRENT REFUND 2012 SERIES A BOND000
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
B221829511646066Z942017-11-30$44,228,160CAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILITIES000
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
C221829511646066F542016-12-20$30,676,062TO RENOVATE SPACE WITHIN THE SCIENCE AND TECHNOLOGY BUILDING00Yes (1)
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
D2218295110000000002016-07-26$20,805,115CURRENT REFUND PRIOR PERIOD POOLED FINANCINGS00Yes (1)

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtOther Spent ProceedsOtherSpentProceedsAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRetiredRetiredAmt
A$32,920,000$5,047,259$1,646,000$28,271,541Yes (1)000
B$45,911,990$4,881,658$43,26300Yes (1)Yes (1)$564,023$40,423,0462022
C$1,010,663$2,56100Yes (1)Yes (1)$8,102$1,000,0002017$97,274
D$2,181,777$2,181,777Yes (1)0Yes (1)Yes (1)$953,647

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0Yes (1)Yes (1)Yes (1)00.008000.012000.02000000
B0Yes (1)000.000000.017000.01700000
C0Yes (1)000.000000.000000.00000000
D0Yes (1)Yes (1)Yes (1)00.596000.000000.59600000

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A0Yes (1)Yes (1)00000Yes (1)
B000Yes (1)000Yes (1)Yes (1)
C000Yes (1)0000Yes (1)
D00Yes (1)Yes (1)0000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
A0
B0
C0
D0

Supplemental Information Detail SupplementalInformationDetail (20 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
COLUMN A, PART II, LINE 4:THE DEBT SERVICE RESERVE FUND HAS BEEN PARTIALLY FUNDED BY BOND PROCEEDS AND NON-BOND PROCEEDS.
COLUMN A, PART II, LINE 13:SINCE PROCEEDS OF THE BONDS WERE ISSUED FOR REFUNDING PURPOSES, THE YEAR OF SUBSTANTIAL COMPLETION HAS NOT BEEN REPORTED.
COLUMN A, PART III, LINE 7:AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE.
COLUMN A, PART III, LINE 9, AND PART V:THE UNIVERSITY DID NOT HAVE WRITTEN PROCEDURES SPECIFICALLY ADDRESSING REMEDIAL ACTION AND VCAP DURING THE TAXABLE YEAR ADDRESSED BY THIS SCHEDULE K BUT EXPECTS TO ADOPT SUCH PROCEDURES IN THE NEAR FUTURE.
COLUMN A, PART IV, LINE 2(B):THE REFUNDING PORTION OF THE BONDS HAS MET THE SIX-MONTH EXCEPTION TO REBATE.
COLUMN B, PART II, LINE 3:THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I(E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS.
COLUMN B, PART III, LINE 7:AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE.
COLUMN B, PART III, LINE 9, AND PART V:THE UNIVERSITY DID NOT HAVE WRITTEN PROCEDURES SPECIFICALLY ADDRESSING REMEDIAL ACTION AND VCAP DURING THE TAXABLE YEAR ADDRESSED BY THIS SCHEDULE K BUT EXPECTS TO ADOPT SUCH PROCEDURES IN THE NEAR FUTURE.
COLUMN B, PART IV, LINE 2(C):THE MOST RECENT FIFTH YEAR REBATE REPORT WAS DATED JULY 5, 2022.
COLUMN C, PART II, LINE 1:THE AMOUNT SHOWN REPRESENTS THE BONDS RETIRED THAT ARE ALLOCABLE TO THE UNIVERSITY'S PORTION OF DEBT SERVICE RESPONSIBILITY.
COLUMN C, PART II, LINE 3:THE AMOUNT SHOWN REFLECTS THE AMOUNT RECEIVED BY THE UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS.
COLUMN C, PART III, LINE 7:AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE.
COLUMN C, PART III, LINE 9, AND PART V:THE UNIVERSITY DID NOT HAVE WRITTEN PROCEDURES SPECIFICALLY ADDRESSING REMEDIAL ACTION AND VCAP DURING THE TAXABLE YEAR ADDRESSED BY THIS SCHEDULE K BUT EXPECTS TO ADOPT SUCH PROCEDURES IN THE NEAR FUTURE.
COLUMN C, PART IV, LINE 2(C):THE 5TH YEAR REBATE REPORT WAS PREPARED ON JULY 8, 2021.
COLUMN D, PART I(F):BONDS CURRENT REFUNDED HECIF SERIES 2006 A (ISSUED ON 10/26/2006) AND HECIF SERIES 2005 A (ISSUED ON 08/10/2005)
COLUMN D, PART II, LINE 3:THE AMOUNT SHOWN REFLECTS THE AMOUNT RECEIVED BY THE UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS.
COLUMN D, PART II, LINE 13:SINCE PROCEEDS OF THE BONDS WERE ISSUED FOR REFUNDING PURPOSES, THE YEAR OF SUBSTANTIAL COMPLETION HAS NOT BEEN REPORTED.
COLUMN D, PART III, LINES 4 AND 5:THIS REFLECTS ONLY THE PRIVATE USE PERCENTAGE APPLICABLE TO THE PORTION OF THE BONDS AND THE HECIF SERIES 2004 A BONDS (WHICH WERE REFUNDED BY THE HECIF 2006 A BONDS) ALLOCABLE TO THE UNIVERSITY ISSUED AFTER JANUARY 1, 2003. ALL OTHER BONDS ISSUED PRIOR JANUARY 1, 2003, HAVE BEEN EXCLUDED FROM PART III ON THIS SCHEDULE.
COLUMN D, PART III, LINE 6:ALTHOUGH THE PRIVATE USE PERCENTAGE WITH RESPECT TO THE UNIVERSITY'S PORTION OF THE BONDS THAT REFUND BONDS ISSUED AFTER DECEMBER 31, 2002, EXCEEDS 5%, THE UNIVERSITY'S PORTION OF THE BONDS THAT REFUND BONDS ISSUED AFTER DECEMBER 31, 2002, REPRESENTS LESS THAN 5% OF THE BONDS. ACCORDINGLY, ANY PRIVATE PAYMENTS WITH RESPECT TO SUCH PORTION WOULD NOT EXCEED 5% OF THE BONDS.
COLUMN D, PART III, LINE 9, AND PART V:THE UNIVERSITY DID NOT HAVE WRITTEN PROCEDURES SPECIFICALLY ADDRESSING REMEDIAL ACTION AND VCAP DURING THE TAXABLE YEAR ADDRESSED BY THIS SCHEDULE K BUT EXPECTS TO ADOPT SUCH PROCEDURES IN THE NEAR FUTURE.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR$5,427,685SERVICES0
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR$252,181SERVICES0
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR$200,359SERVICES0
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR$86,111SERVICES0
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR$57,812SERVICES0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution12ContributionCnt
Noncash Contributions Rpt F990$283,587NoncashContributionsRptF990Amt
Method Of Determining RevenuesMEAN PRICE-GIFT DATEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE FIGURE IN THIS COLUMN REPRESENTS THE NUMBER OF DONORS IN THE APPLICABLE CATEGORY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:RIDER'S MISSION RIDER UNIVERSITY WELCOMES STUDENTS FROM THROUGHOUT THE REGION, ACROSS THE NATION, AND AROUND THE WORLD WHO SEEK TO BE CHALLENGED AND SUPPORTED AS ACTIVE MEMBERS OF OUR INCLUSIVE AND VIBRANT LIVING AND LEARNING COMMUNITY. COMMITTED TO STUDENT GROWTH, TRANSFORMATION, AND LEADERSHIP, WE CONNECT RIGOROUS ACADEMIC, ARTISTIC AND PROFESSIONAL PROGRAMS OF STUDY WITH A RICH ARRAY OF LEARNING EXPERIENCES THAT ENGAGE STUDENTS INSIDE AND OUTSIDE THE CLASSROOM. WE PREPARE GRADUATES TO THRIVE PROFESSIONALLY AND TO BE LIFELONG INDEPENDENT LEARNERS AND RESPONSIBLE CITIZENS WHO EMBRACE DIVERSITY, SUPPORT THE COMMON GOOD AND CONTRIBUTE MEANINGFULLY TO THE CHANGING WORLD IN WHICH THEY LIVE AND WORK. RIDER'S VISION RIDER UNIVERSITY WILL BE A PREMIER, FORWARD-LOOKING UNIVERSITY KNOWN FOR ITS ENGAGED LEARNING PROGRAM THAT, TOGETHER WITH DYNAMIC ACADEMIC PROGRAMS, ENRICHING CO-CURRICULAR EXPERIENCES AND A VIBRANT LIVING AND LEARNING COMMUNITY, CHALLENGES STUDENTS, EXCITES THEIR IMAGINATIONS AND INSTILLS IN THEM EXCELLENCE IN THOUGHT AND ACTION, PREPARING THEM FOR HIGHLY ENGAGED AND FULFILLING PROFESSIONAL AND PERSONAL LIVES. RIDER'S PROMISE OUR STUDENTS, ALUMNI, FACULTY, STAFF, AND ADMINISTRATORS LIVE THE RIDER PROMISE BY BEING FOREVER: - PREPARED TO CONTRIBUTE MEANINGFULLY TO THE CHANGING WORLD IN WHICH THEY LIVE AND WORK - RESPECTFUL OF ALL PEOPLE, RIGHTS, FREEDOMS, AND INDIVIDUAL DIFFERENCES - OPEN TO A LIFE OF INDEPENDENT LEARNING - MOTIVATED TO BE RESPONSIBLE CITIZENS WHO SUPPORT THE COMMON GOOD - INNOVATIVE, CREATIVE, AND RESOURCEFUL - SKILLED AND THRIVING PROFESSIONALS, EDUCATORS, ARTISTS, AND PERFORMERS - ENGAGED IN THEIR COMMUNITIES AS LEADERS AND ROLE MODELS THE RIDER PROMISE IS OFFERED AS A REPRESENTATION OF THE MISSION. IT IS INSPIRED BY OUR RECENT 150TH ANNIVERSARY WHICH EMBRACED THE TAGLINE, FULFILLING THE PROMISE. THIS TAGLINE WAS, IN TURN, INSPIRED BY ANDREW J. RIDER HIMSELF AS DISCUSSED IN THE HISTORICAL BOOKS WRITTEN BY DR. WALTER A. BROWER '48, FORMER DEAN OF THE SCHOOL OF EDUCATION. ANDREW J. RIDER DECLARED IN 1883 THAT RIDER'S FUTURE WAS FULL OF PROMISE.
FORM 990, PART VI, SECTION A, LINE 1ATHE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE OFFICERS OF THE BOARD, THE CHAIRS OF ALL STANDING COMMITTEES, THE IMMEDIATE PAST BOARD CHAIR IF STILL A MEMBER OF THE BOARD, AND UP TO TWO (2) AT-LARGE MEMBERS APPOINTED BY THE BOARD CHAIR FOLLOWING CONSIDERATION OF THE RECOMMENDATIONS OF THE GOVERNANCE COMMITTEE AS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. ALL MEMBERS SHALL BE VOTING MEMBERS, EXCEPT FOR THE PRESIDENT, WHO SHALL BE AN EX-OFFICIO MEMBER WITHOUT VOTE. THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT FOR THE BOARD BETWEEN REGULAR BOARD MEETINGS ON ALL MATTERS EXCEPT FOR THE FOLLOWING WHICH SHALL BE RESERVED FOR THE BOARD: (I) PRESIDENTIAL SELECTION AND TERMINATION, (II) BOARD MEMBER AND BOARD OFFICER ELECTION OR REMOVAL, (III) CHANGES IN THE MISSION AND PURPOSE OF THE UNIVERSITY (IV) AMENDMENTS TO THE CERTIFICATE OF INCORPORATION AND BY-LAWS, (V) INCURRENCE OF CORPORATE INDEBTEDNESS, (VI) SALE OR OTHER DISPOSITION OF REAL ESTATE AND OTHER TANGIBLE PROPERTY, (VII) ADOPTION OF THE ANNUAL BUDGET, (VIII) CONFERRAL OF DEGREES, AND (IX) AMENDMENTS TO OR REPEAL OF ANY RESOLUTION PREVIOUSLY ADOPTED BY THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11BTHE IRS FORM 990 HAS BEEN PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH THE ASSISTANCE OF MANAGEMENT. THE AUDIT AND ENTERPRISE RISK MANAGEMENT COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES PERFORMED A REVIEW OF FORM 990 AND ALL APPLICABLE SCHEDULES PRIOR TO SUBMISSION AS PART OF AN AUDIT AND ENTERPRISE RISK MANAGEMENT COMMITTEE MEETING. IN ADDITION, FORM 990 AND APPLICABLE SCHEDULES WERE POSTED ON THE UNIVERSITY'S INTRANET FOR THE ENTIRE BOARD OF TRUSTEES TO REVIEW PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CTHE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY AND AN ANNUAL COMPLIANCE REVIEW PROCESS WHICH INCLUDES: - SOLICIT FEEDBACK FROM DIVISION HEADS ON PROPOSED STAFF IN THEIR UNITS WHO SHOULD PARTICIPATE IN THE ANNUAL REPORTING AND REVIEW PROCESS. ANY INDIVIDUAL WHO IS CONSIDERED TO HAVE SIGNIFICANT RESPONSIBILITY FOR INSTITUTIONAL OPERATIONS OR PURCHASING IS INCLUDED. THE POLICY REQUIRES THAT PERSONS INVOLVED IN DECISION-MAKING DISCLOSE FINANCIAL OR OTHER INTERESTS - EITHER CURRENT OR PROPOSED - THAT IMPAIR OR MAY APPEAR TO IMPAIR THEIR INDEPENDENT, UNBIASED JUDGEMENT. - DISTRIBUTE THE CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE FOR DISCLOSURE OF POTENTIAL CONFLICTS OF INTEREST TO ALL INDIVIDUALS SO IDENTIFIED. IN FY23, 114 INDIVIDUALS (OFFICERS, TRUSTEES, COACHES, AND ADMINISTRATORS) RECEIVED AND COMPLETED THE CONFLICT OF INTEREST QUESTIONNAIRE. - REVIEW OF ALL CONFLICT QUESTIONNAIRE RESPONSES BY THE UNIVERSITY BOARD OF TRUSTEES' HUMAN RESOURCES COMMITTEE, WHICH SERVES AS THE CONFLICT COMMITTEE UNDER THE UNIVERSITY'S BYLAWS. THE HUMAN RESOURCES COMMITTEE REPORTS ITS FINDINGS TO THE BOARD OF TRUSTEES, WHICH IS RESPONSIBLE FOR ACTING ON THE COMMITTEE'S FINDINGS - IN PARTICULAR ON ANY CONFLICT THAT MIGHT BE IDENTIFIED. BY POLICY, ANY PROPOSED BUSINESS RELATIONSHIP BETWEEN A TRUSTEE OR THEIR RELATED ENTITY MUST BE EVALUATED AND ACTED ON PRIOR TO ITS POTENTIAL IMPLEMENTATION. NO SUCH RELATIONSHIPS CURRENTLY EXIST. - ANY BOARD MEMBER WITH A CONFLICT WILL RECUSE HIMSELF/HERSELF FROM ANY VOTES REGARDING THE MATTER.
FORM 990, PART VI, SECTION B, LINE 15THE SENIOR COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES ENGAGES AN INDEPENDENT CONSULTING FIRM TO UNDERTAKE A REASONABLENESS REVIEW OF THE TOP MANAGEMENT COMPENSATION. TOP MANAGEMENT INCLUDES THE INSTITUTION'S PRESIDENT AND VICE PRESIDENTS. THE REASONABLENESS REVIEW INCLUDES CONSIDERATION OF COMPARABILITY DATA PREPARED BY THE CONSULTANTS WHICH IS PROVIDED TO ALL COMMITTEE MEMBERS AND TO ALL MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. THE BENCHMARK DATA CONSIDERED INCLUDES BOTH SALARY AND TOTAL COMPENSATION INFORMATION. CONTEMPORANEOUS MINUTES ARE MAINTAINED FOR BOTH THE SENIOR COMPENSATION COMMITTEE OF THE BOARD AND FOR THE FULL BOARD OF TRUSTEES MEETINGS. THIS PROCESS WAS LAST UNDERTAKEN IN 2022. THE UNIVERSITY CONSISTENTLY UTILIZES HIGHER EDUCATION BENCHMARKING DATA TO ASSESS THE REASONABLENESS OF KEY EMPLOYEES' COMPENSATION. FACULTY COMPENSATION IS GOVERNED BY A COLLECTIVE BARGAINING AGREEMENT.
FORM 990, PART VI, SECTION C, LINE 19THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
FORM 990, PART XI, LINE 9:CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 153,064. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -5,570. WRITE-OFF OF CONTRIBUTION RECEIVABLE -172,215. CHANGE IN VALUE OF PENSION -1,321,203.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1RIDER HOLDINGS LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12083 LAWRENCEVILLE ROADAddressLine1Txt
CityLAWRENCEVILLECityNm
State AbbreviationNJStateAbbreviationCd
ZIP086483099ZIPCd
FieldValueIRS element (for citing)
EIN843173823EIN
Primary ActivitiesOWN, MANAGE AND DISPOSE OF REAL ESTATEPrimaryActivitiesTxt
Legal Domicile StateNJLegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$0EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1RIDER UNIVERSITYBusinessNameLine1Txt