2024-05-14T12:56:58-05:00 2023-06-30 BDO USA 421 Fayetteville Street Suite 300 Raleigh NC 27601 990 2022-07-01 560530003 Queens University of Charlotte % MATTHEW A PACKEY QUEE 7043372561 1900 SELWYN AVENUE CHARLOTTE NC 28274 MATTHEW A PACKEY CFO/VP FOR ADMIN 7043372375 2024-05-14 true MATTHEW A PACKEY 999009999 Sandra L Feinsmith P01064157 9192781936 2024-05-13 2 2022 2023-04-26 12:10:37Z MATTHEW A PACKEY 1900 SELWYN AVENUE CHARLOTTE NC 28274 104223093 false X www.queens.edu X 1896 NC QUEENS UNIVERSITY OF CHARLOTTE PROVIDES EDUCATIONAL EXPERIENCES THAT TRANSFORM STUDENTS' LIVES AND FOSTER PERSONAL AND PROFESSIONAL SUCCESS. 35 34 1089 1007 0 0 19085212 9528283 72522935 78392158 1318867 507941 0 0 92927014 88428382 28837011 30537937 0 0 35807951 39248786 24305 19820 2566331 34041331 39086076 98710598 108892619 -5783584 -20464237 200025818 189105263 122210076 121539918 77815742 67565345 QUEENS UNIVERSITY OF CHARLOTTE PROVIDES TRANSFORMATIVE EDUCATIONAL EXPERIENCES THAT NURTURE INTELLECTUAL CURIOSITY, PROMOTE GLOBAL UNDERSTANDING, ENCOURAGE ETHICAL LIVING AND PREPARE INDIVIDUALS FOR PURPOSEFUL AND FULFILLING LIVES. false false 81703113 30537937 78392158 QUEENS UNIVERSITY OF CHARLOTTE IS A PRIVATE, CO-ED, PRESBYTERIAN AFFILIATED COMPREHENSIVE UNIVERSITY WITH A COMMITMENT TO BOTH LIBERAL ARTS AND PROFESSIONAL STUDIES. LOCATED IN THE HEART OF HISTORIC CHARLOTTE, QUEENS SERVES APPROXIMATELY 1,421 UNDERGRADUATE AND 710 GRADUATE STUDENTS THROUGH ITS COLLEGE OF ARTS AND SCIENCES, MCCOLL SCHOOL OF BUSINESS, THE BLAIR COLLEGE OF HEALTH, THE PRESBYTERIAN SCHOOL OF NURSING, WAYLAND H. CATO, JR. SCHOOL OF EDUCATION, THE KNIGHT SCHOOL OF COMMUNICATION AND HAYWORTH SCHOOL OF GRADUATE AND CONTINUING STUDIES. 81703113 true true false false false false false false false true true false false false true true false true true false false false false true false false false false true true true false false false false false false false false false false true true false false false true true true false false true 411 0 true 1089 true false false false false false true true false false false false false false X 35 34 false false false false false false false true true false false true true true true true true true true false X MATTHEW A PACKEY 7043372375 1900 SELWYN AVENUE CHARLOTTE NC 28274 X DANIEL LUGO PRESIDENT, EX-OFFICIO, B.O.T. 60.0 0.0 X X 525693 0 107017 PAUL JOYCE EXEC DIR, EXEC LEADERSHIP PROG 40.0 0.0 X 253115 0 29274 SARAH FATHERLY VP FOR ACADEMIC AFFAIRS 50.0 0.0 X 249130 0 25249 RICHARD MATHIEU DEAN MCCOLL SCHOOL OF BUSINESS 40.0 0.0 X 228937 0 37028 RICHARD MAJERUS VP, PLANNING & STRATEGY 50.0 0.0 X 240989 0 23264 MARY ALICE BOYD CFO, VP FOR ADMINISTRATION 50.0 0.0 X 222878 0 31954 JOHN BENNETT PROFESSOR OF BUSINESS 40.0 0.0 X 222441 0 31185 PAMELA DAVIES PROF OF STRATEGY&PRES EMERITA 40.0 0.0 X 210576 0 39063 OLIVER CARIAS HEAD COACH, MEN'S SOCCER 40.0 0.0 X 205624 0 39371 ADRIENNE ODDI VP, ENROLLMENT MGMT & MKTG 50.0 0.0 X 205041 0 35998 JENNIFER ERICKSEN VP FOR ADVANCEMENT 50.0 0.0 X 223724 0 11562 MARIA FLORES-MILLS VP, STUDENT ENGAGEMENT & DEAN 50.0 0.0 X 204680 0 22946 CHERIE SWARTHOUT DIRECTOR OF ATHLETICS 50.0 0.0 X 162317 0 28246 JEFFREY J BROWN CHAIR 1.0 0.0 X 0 0 0 JESSE J CURETON VICE-CHAIR 1.0 0.0 X 0 0 0 CHRISTINE M HUNT SECRETARY 1.0 0.0 X 0 0 0 TANYA BLACKMON TRUSTEE 1.0 0.0 X 0 0 0 SALLY GAMBRELL BRIDGFORD TRUSTEE 1.0 0.0 X 0 0 0 DEBORAH BUTLER BRYAN TRUSTEE 1.0 0.0 X 0 0 0 TITI COLE TRUSTEE 1.0 0.0 X 0 0 0 MALCOMB COLEY TRUSTEE 1.0 0.0 X 0 0 0 AUDEAN GODEHN TRUSTEE 1.0 0.0 X 0 0 0 DAVID OSCAR GROOMES TRUSTEE 1.0 0.0 X 0 0 0 L WATTS HAMRICK III TRUSTEE 1.0 0.0 X 0 0 0 HOOPER HARDISON TRUSTEE 1.0 0.0 X 0 0 0 LES LAMBERT TRUSTEE 1.0 0.0 X 0 0 0 ELIZABETH W MARTIN TRUSTEE 1.0 0.0 X 0 0 0 SUSAN MCCONNELL TRUSTEE 1.0 0.0 X 0 0 0 JANET PREYER NELSON TRUSTEE 1.0 0.0 X 0 0 0 BAILEY W PATRICK TRUSTEE 1.0 0.0 X 0 0 0 BRANDON D PERRY TRUSTEE 1.0 0.0 X 0 0 0 MARK REED TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL P RIZER TRUSTEE 1.0 0.0 X 0 0 0 MARY ANNE BOLDRICK ROGERS TRUSTEE 1.0 0.0 X 0 0 0 ROBERT H SALVIN TRUSTEE 1.0 0.0 X 0 0 0 BRIAN D SAVOY TRUSTEE 1.0 0.0 X 0 0 0 CAROLINE SINK TRUSTEE 1.0 0.0 X 0 0 0 MAUREEN A SWICK TRUSTEE 1.0 0.0 X 0 0 0 FERNANDO R YCAZA TRUSTEE 1.0 0.0 X 0 0 0 JENNIFER DEWITT Trustee 1.0 0.0 X 0 0 0 ROBERT ENGEL trustee 1.0 0.0 X 0 0 0 BRIAN NATWICK trustee 1.0 0.0 X 0 0 0 MANUEL REY trustee 1.0 0.0 X 0 0 0 ANDREA SMITH trustee 1.0 0.0 X 0 0 0 MARGRETHE VAGELL trustee 1.0 0.0 X 0 0 0 DEREK WANG trustee 1.0 0.0 X 0 0 0 REGINALD WILLIS trustee 1.0 0.0 X 0 0 0 3155145 0 462157 49 false true false JAMES R VANNOY SONS CONSTR CO 1608 US HIGHWAY 221 NORTH JEFFERSON NC 28640 CONSTRUCTION SVCS 5232513 CHARTWELLS HIGHER EDUCATION DINING 3 INTERNATIONAL DRIVE RYE BROOK NY 10573 FOOD & BEVERAGE SVCS 4038812 CMTA INC 10411 MEETING STREET PROSPECT KY 40059 CONSTRUCTION SVCS 3907408 SSC SERVICES FOR EDUCATION 1225 EAST WEISGARBER ROAD SUITE 20 KNOXVILLE TN 37909 PROPERTY MANAGEMENT 3387702 ATRIUM HEALTH 400 GOLF ACRES DRIVE CHARLOTTE NC 28208 HEALTH CARE SERVICES 1261294 26 1091429 8436854 1321062 9528283 TUITION & FEES 611310 57995238 57995238 AUXILIARY ENTERPRISES 611310 12908304 12908304 OTHER INCOME 611310 7488616 7488616 78392158 474156 474156 0 0 0 0 0 15821996 6500 15781818 12893 40178 -6393 33785 33785 0 0 0 0 0 0 0 0 0 0 88428382 78392158 507941 0 30537937 30537937 0 0 3186633 209530 2349029 628074 0 29043213 22315280 5448266 1279667 806471 638433 131179 36859 4192709 2517318 1478497 196894 2019760 1570153 339461 110146 0 142761 142761 123697 123697 0 19820 19820 474156 474156 315815 236730 79085 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76254430 9071545 67182885 1458917 277977 263190 644442 474156 3118682 0 38329 507 36287 0 0 75123 79448235 364666360 0.84562 0.85198 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 149942318 3366068 10029220 13068010 150269596 180863486 1592210 -20137809 12375569 149942318 136351032 1157789 46021098 2666433 180863486 123055598 3546747 -346643 -10095330 136351032 122789206 2575143 4007968 6316719 123055598 0.54970 0.40380 0.04650 false true true 260000 260000 158920083 48721000 110199083 15083300 12452326 2630974 58138867 22836734 35302133 148392190 0 DEPOSITS & DEFERRED REVENUE 9227816 LINES OF CREDIT 3556593 CAPITAL LEASE OBLIGATIONS 292426 13076835 X ENDOWMENT FUNDS SCHEDULE D, PART V: THE INTENDED USES OF THE UNIVERSITY'S ENDOWMENT FUNDS ARE FOR SCHOLARSHIPS, PROFESSORSHIPS, FACULTY DEVELOPMENT, BUILDING & GROUNDS, LIBRARY, ACADEMIC AND OTHER. THE UNIVERSITY FILES A CONSOLIDATED AUDITED FINANCIAL STATEMENT WHICH INCLUDES THE ACTIVITY OF THE QUEENS UNIVERSITY OF CHARLOTTE ENDOWMENT. THE ENDOWMENT IS A 501(C)(3) TYPE I SUPPORTING FOUNDATION OF THE UNIVERSITY AND A SEPARATE LEGAL ENTITY WITH ITS OWN TAX EXEMPT STATUS. FOR TAX PURPOSES, THE ENDOWMENT MUST FILE A SEPARATE FORM 990. THEREFORE, THE FINANCIAL AMOUNTS REPORTED ON THE UNIVERSITY'S FORM 990 PARTS X AND XI DIFFER FROM THE AUDITED FINANCIAL STATEMENTS BECAUSE THE ENDOWMENT'S FINANCIAL ACTIVITY MUST BE EXCLUDED FROM THE UNIVERSITY'S FORM 990 AND IS REPORTED ON THE ENDOWMENT'S FORM 990. FIN 48 (ASC) FOOTNOTE SCHEDULE D, PART X, LINE 2 THE UNIVERSITY ANALYZED ITS TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2023 AND DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS AS INCOME TAX EXPENSE IN THE STATEMENT OF ACTIVITIES. DURING THE YEAR, THE UNIVERSITY DID NOT ACCRUE ANY TAX RELATED INTEREST OR PENALTIES. true true true true true true true false false false false false false false false true false true NONDISCRIMINATORY POLICY SCHEDULE E, LINE 3: QUEENS UNIVERSITY OF CHARLOTTE PUBLISHED THE FOLLOWING STATEMENT IN ITS ADMISSION MATERIALS, APPLICATION, AND ITS WEBSITE: "ADMISSIONS IS GRANTED TO QUALIFIED APPLICANTS WITHOUT REGARD TO RACE, COLOR, GENDER, SEXUAL ORIENTATION, SEXUAL IDENTITY, RELIGION, AGE, NATIONAL ORIGIN, DISABILITY, POLITICAL BELIEFS, VETERAN STATUS, GENETIC INFORMATION OR ANY CHARACTERISTICS PROTECTED BY LAW." FINANCIAL AID/ASSISTANCE FROM A GOVERNMENTAL AGENCY SCHEDULE E, LINE 6A: THE UNIVERSITY PARTICIPATES IN A VARIETY OF FEDERAL FINANCIAL AID PROGRAMS INCLUDING THE PELL GRANT PROGRAM, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (SEOG) PROGRAM, FEDERAL WORK STUDY PROGRAM AND FEDERAL DIRECT AND THE PERKINS LOAN PROGRAMS. THE UNIVERSITY ALSO RECEIVES VARIOUS FEDERAL GRANTS AND CONTRACTS FOR ACADEMIC PROGRAMMING AND SCIENTIFIC RESEARCH. THE UNIVERSITY RECEIVES ASSISTANCE FROM THE STATE OF NORTH CAROLINA INCLUDING THE NORTH CAROLINA NEED BASED SCHOLARSHIP AND THE NORTH CAROLINA FORGIVABLE EDUCATION LOAN PROGRAM. X X X X X true GiveCampus 903 G STREET SE WASHINGTON DC 20003 PLATFORM false 0 19820 0 0 19820 0 true SCHOLARSHIPS 1482 30424798 WORK STUDY PROGRAMS 90 113139 MONITORING THE USE OF GRANTS SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS AND FELLOWSHIPS ARE AWARDED BY QUEENS UNIVERSITY OF CHARLOTTE TO STUDENTS BASED ON THEIR ACADEMIC ACHIEVEMENT, TALENT IN THE FINE ARTS, AND PARTICIPATION IN INTERCOLLEGIATE ATHLETICS. THE AWARDS ARE BASED ON THEIR PERFORMANCE LEVELS. STUDENTS ARE ALSO AWARDED NEED-BASED SCHOLARSHIPS AND GRANTS BASED ON THEIR NEED AS ESTABLISHED BY COMPLETING THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) AND, IF APPLICABLE, BY SPECIFIC CRITERIA AND GUIDELINES FOR OTHER INSTITUTIONAL, FEDERAL AND STATE PROGRAMS. X X true true X X X X X X false false false true false false false false false DANIEL LUGO PRESIDENT, EX-OFFICIO, B.O.T. 462479 0 55000 0 8214 0 15250 0 91767 0 632710 0 0 0 PAUL JOYCE EXEC DIR, EXEC LEADERSHIP PROG 145908 0 105000 0 2207 0 7796 0 21478 0 282389 0 0 0 SARAH FATHERLY VP FOR ACADEMIC AFFAIRS 233524 0 14733 0 873 0 11887 0 13362 0 274379 0 0 0 RICHARD MATHIEU DEAN MCCOLL SCHOOL OF BUSINESS 223353 0 0 0 5584 0 11694 0 25334 0 265965 0 0 0 RICHARD MAJERUS VP, PLANNING & STRATEGY 220638 0 14700 0 5651 0 11250 0 12014 0 264253 0 0 0 MARY ALICE BOYD CFO, VP FOR ADMINISTRATION 207800 0 14280 0 798 0 10975 0 20979 0 254832 0 0 0 JOHN BENNETT PROFESSOR OF BUSINESS 102384 0 0 0 120057 0 5760 0 25425 0 253626 0 0 0 PAMELA DAVIES PROF OF STRATEGY&PRES EMERITA 206309 0 0 0 4267 0 10979 0 28084 0 249639 0 0 0 OLIVER CARIAS HEAD COACH, MEN'S SOCCER 30104 0 0 0 175520 0 2204 0 37167 0 244995 0 0 0 ADRIENNE ODDI VP, ENROLLMENT MGMT & MKTG 193871 0 0 0 11170 0 10400 0 25598 0 241039 0 0 0 JENNIFER ERICKSEN VP FOR ADVANCEMENT 207785 0 14280 0 1659 0 0 0 11562 0 235286 0 0 0 MARIA FLORES-MILLS VP, STUDENT ENGAGEMENT & DEAN 167505 0 11924 0 25251 0 8634 0 14312 0 227626 0 0 0 CHERIE SWARTHOUT DIRECTOR OF ATHLETICS 152147 0 9639 0 531 0 8067 0 20179 0 190563 0 0 0 RESIDENCE FOR PERSONAL USE AND SOCIAL CLUB DUES SCHEDULE J, PART I, LINE 1A: QUEENS OWNS AND PROVIDES A RESIDENCE FOR THE PRESIDENT WHICH IS LOCATED ON THE CAMPUS. THIS RESIDENCE IS USED FREQUENTLY FOR BUSINESS PURPOSES SUCH AS MEETINGS, RECEPTIONS, AND ENTERTAINING DONORS. THE BUSINESS VALUE WAS NOT TREATED AS TAXABLE COMPENSATION. QUEENS ALSO PROVIDES THE PRESIDENT WITH A MEMBERSHIP TO A COUNTRY CLUB (MYERS PARK COUNTRY CLUB). THIS MEMBERSHIP IS USED PRIMARILY FOR BUSINESS PURPOSES SUCH AS MEETINGS, RECEPTIONS AND ENTERTAINING DONORS. THE BUSINESS VALUE WAS NOT TREATED AS TAXABLE COMPENSATION. DETERMINING COMPENSATION SCHEDULE J, PART I, LINE 3: THE PRESIDENT'S COMPENSATION IS DETERMINED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THIS COMMITTEE UTILIZES INFORMATION FROM THE 990 RETURNS OF OTHER BENCHMARK INSTITUTIONS, COMPENSATION SURVEYS OF OTHER PRIVATE COLLEGES AND UNIVERSITIES, AND OTHER BENCHMARKS OBTAINED BY THE MEMBERS OF THE COMMITTEE AS INFORMATION IN THE COMPENSATION DETERMINATION PROCESS. THESE DISCUSSIONS ARE DOCUMENTED IN THE MINUTES AND FILES OF THE COMPENSATION COMMITTEE. COMPENSATION CONTINGENT UPON THE REVENUES OF THE ORGANIZATION SCHEDULE J, PART I, LINE 5A: THE COMPENSATION COMMITTEE IMPLEMENTED A COMPENSATION PHILOSOPHY FOR THE OFFICERS OF THE ORGANIZATION THROUGH THE APPLICATION OF THE FOLLOWING CONSIDERATIONS: * BASE SALARY WILL BE SET SO THAT THE TARGETED POSITIONING OF AN OFFICER IS THE 50TH PERCENTILE OF THE TARGET MARKET FOR EACH POSITION. BASE SALARY FOR AN INDIVIDUAL OFFICER RELATIVE TO THE TARGET MARKET PAY WILL BE SET BY THE PRESIDENT BASED ON THE INDIVIDUAL'S UNIQUE BACKGROUND, EXPERIENCES, PERSONAL SKILLS AND ABILITIES (INCLUDING CREATIVITY, GROWTH-ORIENTATION AND DISCIPLINE) AS WELL AS BASED ON THE BUSINESS CHALLENGES FACING THE ORGANIZATION WHICH REQUIRE THE USE OF SUCH ATTRIBUTES OR SKILLS. * ANNUAL INCENTIVE COMPENSATION, IF ANY, WILL BE DELIVERED ACCORDING TO A GUIDELINE THAT APPROXIMATES THE MARKET 75TH PERCENTILE TOTAL CASH COMPENSATION FOR COMMENSURATE PERFORMANCE. THE COMMITTEE HAS THE DISCRETION TO DELIVER ANNUAL INCENTIVES ABOVE OR BELOW THE 75TH PERCENTILE BASED ON INDIVIDUAL CIRCUMSTANCES AND PERFORMANCE CONDITIONS. THE AIM OF ANNUAL INCENTIVES IS TO DRIVE AND REWARD CONSISTENT IMPROVEMENT IN PERFORMANCE. GOALS TO ACHIEVE AN INCENTIVE PAYOUT INCLUDE, BUT ARE NOT LIMITED TO, TARGETS AT DIFFERENT LEVELS FOR TOTAL REVENUES OF THE ORGANIZATION. DEFERRED COMPENSATION SCHEDULE J, PART II, COLUMN (C): AMOUNTS REPORTED AS DEFERRED COMPENSATION ARE EMPLOYER CONTRIBUTIONS TO THE DEFINED CONTRIBUTION RETIREMENT 403(B) PLAN, WHICH IS APPLICABLE TO ALL PARTICIPATING EMPLOYEES. A PUBLIC FINANCE AUTHORITY 273866124 74443DHJ3 2022-05-04 83016763 SEE PART VI false false false A 0 0 83016763 19666483 0 0 801836 0 0 1345508 61202936 0 true false false true A false false false false 0.00000 0.00000 0.00000 false false false true A false true false false 0 false 0 false true A true SCHEDULE K SUPPLEMENTAL INFORMATION PART I, ROW A, COLUMN F: TO RETIRE THE 2013 AND 2018 SERIES BONDS, AND RELATED SWAP AGREEMENTS, AND TO PROVIDE NEW FUNDS TO FINANCE CERTAIN CAPITAL PROJECTS. PART II, COLUMN A, LINE 11: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS THAT ARE NO LONGER IN ESCROW. X 55 1321062 FMV 0 false true true SCHEDULE M, PART I, LINE 32A: THE UNIVERSITY USES THE SERVICES OF REAL ESTATE AGENTS AND ATTORNEYS TO PROCESS THE SALE OF DONATED REAL PROPERTY. SCHEDULE M, PART I, LINE 33: THE UNIVERSITY DOES NOT SEEK AN APPRAISAL, NOR DOES THE UNIVERSITY RECORD AS REVENUE, ANY NONCASH ITEM DONATED UNLESS THE DONOR PROVIDES AN INDEPENDENT THIRD-PARTY APPRAISAL AS PART OF FORM 8283. THE STOCK GIFTED TO QUEENS IS SOLD IMMEDIATELY UPON THE TRANSFER, WHICH IS HOW A CASH VALUE IS DETERMINED FOR THE STOCK. REVIEW OF FORM 990 FORM 990, PART VI, SECTION B, QUESTION 11B: PRIOR TO FILING THE FORM 990, THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWED THE COMPENSATION-RELATED SECTIONS OF THE DRAFT FORM 990, AND ALL VOTING MEMBERS OF THE BOARD OF TRUSTEES WERE PROVIDED WITH ACCESS TO THE DRAFT FORM 990 VIA A SECURE WEBSITE. MONITORING CONFLICTS OF INTEREST FORM 990, PART VI, SECTION B, LINE 12C: AT LEAST ANNUALLY, ALL EMPLOYEES ARE REMINDED OF THE UNIVERSITY'S CONFLICT OF INTEREST POLICY AND ALL NEW EMPLOYEES ARE EDUCATED ABOUT THE POLICY DURING THE HIRING PROCESS. SUPERVISORS LOOK FOR POTENTIAL CONFLICTS OF INTEREST FOR EMPLOYEES UNDER THEIR SUPERVISION AND DISCLOSE SUCH POTENTIAL CONFLICTS AS NECESSARY. DETERMINING COMPENSATION FORM 990, PART VI, SECTION B, LINES 15A AND B: THE PRESIDENT'S COMPENSATION IS DETERMINED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMMITTEE UTILIZES AN INDEPENDENT COMPENSATION CONSULTING FIRM AS WELL AS INFORMATION FROM THE 990 RETURNS OF OTHER BENCHMARK INSTITUTIONS, COMPENSATION SURVEYS OF OTHER PRIVATE COLLEGES AND UNIVERSITIES, AND OTHER BENCHMARKS OBTAINED BY THE MEMBERS OF THE COMMITTEE AS INFORMATION IN THE COMPENSATION DETERMINATION PROCESS. THESE DISCUSSIONS ARE DOCUMENTED IN THE MINUTES AND FILES OF THE COMPENSATION COMMITTEE. THE PRESIDENT DETERMINES THE COMPENSATION FOR THE OTHER OFFICERS OF THE UNIVERSITY. HE UTILIZES INFORMATION FROM THE 990 RETURNS OF OTHER BENCHMARK INSTITUTIONS, COMPENSATION SURVEYS OF OTHER PRIVATE COLLEGES AND UNIVERSITIES, AND OTHER BENCHMARK DATA IN THE COMPENSATION DETERMINATION PROCESS. DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART VI, SECTION C, QUESTION 19: NONE OF THESE DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC; HOWEVER, ANY OF THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9: CHANGE IN ACTIVITY REPORTED ON THE QUEENS UNIVERSITY OF CHARLOTTE ENDOWMENT FORM 990 $(513,276) THE UNIVERSITY FILES A CONSOLIDATED AUDITED FINANCIAL STATEMENT WHICH INCLUDES THE ACTIVITY OF THE QUEENS UNIVERSITY OF CHARLOTTE ENDOWMENT. THE ENDOWMENT IS A 501(C)(3) TYPE I SUPPORTING FOUNDATION OF THE UNIVERSITY AND A SEPARATE LEGAL ENTITY WITH ITS OWN TAX-EXEMPT STATUS. FOR TAX PURPOSES, THE ENDOWMENT MUST FILE A SEPARATE FORM 990. THEREFORE, THE FINANCIAL AMOUNTS REPORTED ON THE UNIVERSITY'S FORM 990 PARTS X AND XI DIFFER FROM THE AUDITED FINANCIAL STATEMENTS BECAUSE THE ENDOWMENT'S FINANCIAL ACTIVITY MUST BE EXCLUDED FROM THE UNIVERSITY'S FORM 990 AND IS REPORTED ON THE ENDOWMENT'S FORM 990. QUEENS UNIVERSITY OF CHARLOTTE ENDOWMENT 220 N TRYON STREET CHARLOTTE NC 28202 472298734 EDUCATION NC 501(C)(3) TYPE I QUEENS UNIV true false true true false false false false false false false false false false false false false true false false QUEENS UNIVERSITY OF CHARLOTTE ENDOWMENT B 3466168 ACTUAL QUEENS UNIVERSITY OF CHARLOTTE ENDOWMENT C 13263486 ACTUAL QUEENS UNIVERSITY OF CHARLOTTE ENDOWMENT Q 70659 ACTUAL