2024-07-09T10:32:00-05:00 2023-08-31 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2022-09-01 111633516 LONG ISLAND UNIVERSITY LONG 5162992535 700 NORTHERN BLVD BROOKVILLE NY 115481326 CHRISTOPHER FEVOLA VP FINANCE & TREASURER 5164130950 2024-07-02 1 CHRISTOPHER FEVOLA 999009999 0 EVAN W SEEKAMP P01907071 2127589700 2024-06-28 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR KIMBERLY R CLINE 700 NORTHERN BLVD BROOKVILLE NY 11548 609652821 0 X WWW.LIU.EDU X 1926 NY PROVIDE EXCELLENCE AND ACCESS IN EDUCATION TO THOSE WHO SEEK TO EXPAND THEIR KNOWLEDGE. SEE SCH O. 29 26 3292 31 1011609 990763 36296873 29932632 396348999 406035482 68443168 2403122 66437 209577 501155477 438580813 96249859 101338640 0 0 158024314 159712677 0 0 3018942 143708819 145417799 397982992 406469116 103172485 32111697 891762268 994068493 250237068 228215595 641525200 765852898 TO PROVIDE EXCELLENCE AND ACCESS IN PRIVATE HIGHER EDUCATION TO THOSE WHO SEEK TO EXPAND THEIR KNOWLEDGE AND PREPARE THEMSELVES FOR MEANINGFUL, EDUCATED LIVES AND FOR SERVICE TO THEIR COMMUNITIES AND THE WORLD. 0 0 279686525 101338640 380255932 INSTRUCTION, ACADEMIC SUPPORT, AND INSTITUTIONAL SUPPORT - THE UNIVERSITY OFFERS BOTH CREDIT AND NONCREDIT COURSES FOR ACADEMIC AND VOCATIONAL INSTRUCTION. THE UNIVERSITY OFFERS 240 DEGREE AND CERTIFICATE PROGRAMS TO OVER 17,000 STUDENTS, AND EMPLOYS 410 FULL-TIME FACULTY OVER FIVE CAMPUSES. ACTIVITIES IN THIS CATEGORY ALSO INCLUDE SUPPORT SERVICES SUCH AS LIBRARIES, EDUCATIONAL MEDIA SERVICES, ACADEMIC COMPUTING SUPPORT, AND ACADEMIC ADMINISTRATION. 81127052 4464926 25727050 STUDENT SERVICES AND AUXILIARY ENTERPRISES - REPRESENTS THE ACTIVITIES THAT CONTRIBUTE TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE FORMAL INSTRUCTION PROGRAM. ACTIVITIES IN THIS CATEGORY INCLUDE EXPENSES FOR RESIDENCE HALLS, STUDENT ACTIVITIES, CULTURAL EVENTS, STUDENT NEWSPAPERS, INTRAMURAL ATHLETICS, STUDENT ORGANIZATIONS, INTERCOLLEGIATE ATHLETICS, COUNSELING AND CAREER GUIDANCE, STUDENT AID ADMINISTRATION AND STUDENT HEALTH SERVICE. APPROXIMATELY 1,650 STUDENTS RESIDE IN THE DORMS. 8315776 0 52500 RESEARCH AND PUBLIC SERVICE - REPRESENTS ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE INSTITUTION OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE INSTITUTION. THIS CATEGORY ALSO INCLUDES ACTIVITIES ESTABLISHED PRIMARILY TO PROVIDE NON-INSTRUCTIONAL SERVICES BENEFICIAL TO INDIVIDUALS AND GROUPS EXTERNAL TO THE INSTITUTION. THESE ACTIVITIES INCLUDE COMMUNITY SERVICE PROGRAMS. 369129353 1 1 0 1 0 0 0 1 0 1 1 1 0 1 1 1 1 0 1 1 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 1 510 0 1 3292 1 1 1 1 CS 0 0 0 1 1 0 0 0 0 0 0 X 29 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X KEITH VOSS 5162992535 700 NORTHERN BLVD BROOKVILLE NY 11548 DR KIMBERLY CLINE PRESIDENT 60.00 0.00 X X 1053231 0 297459 CHERIE SEROTA TRUSTEE/VISIT. ASST. PROF. 35.00 0.00 X 93510 0 8509 RAO S ANUMOLU TRUSTEE 1.00 0.00 X 0 0 0 ROGER L BAHNIK TRUSTEE (DECEASED 2/23) 1.00 0.00 X 0 0 0 THOMAS M BUONAIUTO CHAIR AUDIT COMMITTEE 3.00 0.00 X 0 0 0 DANIEL B FISHER TRUSTEE 2.00 0.00 X 0 0 0 GREG G GALDI TRUSTEE 1.00 0.00 X 0 0 0 MICHELLE GETHERS-CLARK TRUSTEE 1.00 0.00 X 0 0 0 PETER W GIBSON TRUSTEE 1.00 0.00 X 0 0 0 JUSTIN GRANT TRUSTEE 1.00 0.00 X 0 0 0 LYNNE GREENE TRUSTEE 3.00 0.00 X 0 0 0 MICHAEL P GUTNICK SR. VICE CHAIR 4.00 0.00 X 0 0 0 STEVEN S HORNSTEIN TRUSTEE 3.00 0.00 X 0 0 0 BOB JAHELKA TRUSTEE 1.00 0.00 X 0 0 0 ALFRED R KAHN TRUSTEE 3.00 0.00 X 0 0 0 DAVID KLINE TRUSTEE 1.00 0.00 X 0 0 0 ERIC KRASNOFF CHAIR 5.00 0.00 X 0 0 0 LEON LACHMAN CHANCELLOR-COL OF PHARM 3.00 0.00 X 0 0 0 BRIAN K LAND TRUSTEE 3.00 0.00 X 0 0 0 SARABETH LEVINE TRUSTEE 1.00 0.00 X 0 0 0 HOWARD M LORBER TRUSTEE 1.00 0.00 X 0 0 0 WINIFRED MACK TRUSTEE/EXC DEAN HLTH PROF 40.00 0.00 X 299483 0 2101 MICHAEL MELNICKE TRUSTEE 1.00 0.00 X 0 0 0 KUNI NAKAMURA CHAIR OF ACADEMIC AFFAIRS CTEE 3.00 0.00 X 0 0 0 RICHARD P NESPOLA TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM R NUTI TRUSTEE 1.00 0.00 X 0 0 0 CHINTU PATEL TRUSTEE 1.00 0.00 X 0 0 0 SHARON STERNHEIM TRUSTEE 2.00 0.00 X 0 0 0 RONALD J SYLVESTRI CHANCELLOR-HUDSON 3.00 0.00 X 0 0 0 FRANK LALEZARIAN TRUSTEE (BEG 4/23) 1.00 0.00 X 0 0 0 MICHELE BAHNIK-MERCIER TRUSTEE (BEG 10/23) 1.00 0.00 X 0 0 0 RANDY BURD SVP ACADEMIC AFFAIRS (THRU 7/23) 50.00 0.00 X 638192 0 121564 CHRISTOPHER FEVOLA VP AND CHIEF FINANCIAL OFFICER 60.00 0.50 X 452259 0 111428 ELIZABETH CHEUNG-GAFFNEY VP UNIVERSITY COUNSEL 50.00 0.50 X 303920 0 79294 JOSEPH SCHAEFER CHIEF OPERATING OFFICER 60.00 0.50 X 393992 0 119453 BASHAR BAROUDI VP INFORMATION TECHNOLOGY 50.00 0.00 X 396335 0 111513 MOHAMMED CHERKAOUI VP RESEARCH 50.00 0.00 X 379305 0 41322 MICHAEL BERTHEL VP STUDENT AFFAIRS 50.00 0.00 X 250719 0 83851 ARASH DABESTANI DEAN-PHARMACY 40.00 0.00 X 503575 0 71982 JOHN LONIE ASSOCIATE PROFESSOR 40.00 0.00 X 468444 0 8799 GRACE ROSSI FULL PROFESSOR 40.00 0.00 X 428749 0 8150 MARIA PORTER FULL PROFESSOR 40.00 0.00 X 400135 0 20218 JILL RATHUS FULL PROFESSOR 40.00 0.00 X 383659 0 20372 JEFFREY KANE FMR SVP ACAD AFFRS (THRU 8/17) 35.00 0.00 X 242474 0 64821 LORETTA KNAPP FMR VP ACAD AFFAIRS (THRU 6/18) 35.00 0.00 X 131211 0 12673 CHARLES WEIS FMR VP ACADEMIC AFFAIRS (THRU 7/22) 50.00 0.00 X 226735 0 48536 DEIRDRE WHITMAN FMR VP UNI. ADMISSIONS (THRU 8/22) 40.00 0.00 X 324915 0 39914 CHARLES RASBERRY FMR VP UNIV. ADV (THRU 8/22) 50.00 0.00 X 268187 0 42800 7639030 0 1314759 382 1 1 0 ARAMARK 1101 MARKET STREET ARAMARK TOWER PHILADELPHIA PA 19107 FOOD SERVICE & MAINTENANCE 21434504 A & A MAINTENANCE 965 MIDLAND AVENUE YONKERS NY 10704 JANITORIAL SERVICES 17661241 AXIS CONSTRUCTION CORP 125 LASER COURT HAUPPAUGE NY 11788 CONSTRUCTION 17160980 ALLIED UNIVERSAL SECURITY SERVICES 50 JACKSON AVENUE SYOSSET NY 11791 SECURITY 4411499 WILLIAM J SCHWARTZ PTPC 5700 MERRICK ROAD MASSAPEQUA NY 11758 STUDENT ATHLETIC TRAINING 2144394 67 762526 17382244 11787862 122220 29932632 TUITION & FEES 611310 367529572 367529572 SALES & SVCS OF AUX EN 721310 25727050 25727050 CONCERT THEATRE 711310 3436501 3436501 COMMISSIONS 900099 946848 946848 UNIVERSITY FEES 611310 716870 716870 7678641 7678641 406035482 9409920 1011609 8398311 392942 331070 61872 61872 61872 163181781 170188579 -7006798 -7006798 -7006798 700064 762526 552359 147705 147705 438580813 406035482 1011609 1601090 92404138 92404138 8934502 8934502 5548240 2478298 2695288 374654 147431 147431 119941637 109163727 9522400 1255510 5626671 5270980 292051 63640 22136073 19928501 1948631 258941 6312625 5625867 605041 81717 410780 410780 803502 803502 235929 235929 1332054 1332054 16727718 15372773 1354945 1683876 326392 1317281 40203 6001193 3462853 2454058 84282 5532491 2379065 3133800 19626 55649294 53803997 1670042 175255 5598959 5572033 25126 1800 1099989 854281 140909 104799 3795061 3776230 16590 2241 20241104 20136816 91879 12409 1042826 1029756 12421 649 FOOD SERVICE 10446362 9297756 981945 166661 BAD DEBT 4250000 4250000 SUPPLIES & MINOR EQUIP 3736199 3379307 356892 BOOKS & SUBSCRIPTIONS 1853282 1663030 175634 14618 4977180 4121620 493623 361937 406469116 369129353 34320821 3018942 41846237 43934973 3823556 6978556 18966611 17836891 6862062 6551039 5991727 7338987 763837489 384621724 373217822 379215765 299916500 360991571 117606642 97778732 23531111 73441979 891762268 994068493 21931277 12000125 6935242 5419153 30204672 34435934 78250389 75999207 112915488 100361176 250237068 228215595 X 540451068 655037960 101074132 110814938 641525200 765852898 891762268 994068493 X 32111697 32111192 60104809 X 0 1 X 1 1 1 X 22689741 22532598 37797267 36296873 29932632 149249111 22689741 22532598 37797267 36296873 29932632 149249111 149249111 4371708 4374602 2701844 8136553 9802862 29387569 199383 1202727 1007800 2571961 991763 5973634 184610314 1977039004 0.80850 0.84670 X FORM 990, SCHEDULE A, PART II - PUBLIC SUPPORT LONG ISLAND UNIVERSITY IS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II) AND COMPLETES SCHEDULE A, PART II TO DEMONSTRATE THAT IT MEETS THE 33 1/3 % SUPPORT TEST OF THE REGULATIONS UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 234083 0 1 1846 235929 0 LOBBYING FEES FORM 990, SCHEDULE C, PART II-B, LINE 1G LEWIS-BURKE ASSOCIATES, LLC AIDS IN THE CULTIVATION OF WORKING RELATIONSHIPS BETWEEN LIU, FEDERAL AGENCIES, AND THE U.S. CONGRESS. LEWIS-BURKE ASSOCIATES, LLC ALSO ASSISTS IN INVESTIGATING NEW AND INNOVATIVE FUNDING STREAMS AND OPPORTUNITIES WITH THE FEDERAL GOVERNMENT. MEMBERSHIP FEES FORM 990, SCHEDULE C, PART II-B, LINE 1I LONG ISLAND UNIVERSITY PAYS MEMBERSHIP DUES TO THE COMMISSION ON INDEPENDENT COLLEGES AND UNIVERSITIES. $1,846 IS THE PORTION OF DUES PAID TO CICU ATTRIBUTABLE TO LOBBYING. X X 0 366591797 15907418 30598766 1928460 12181159 398988362 366781600 40092144 -28034622 1373713 10873612 366591797 242211453 77968495 56020138 1545543 7872943 366781600 238676611 954399 11222557 1348158 7293956 242211453 232390240 7473827 6315608 1448506 6054558 238676611 0.74340 0.25660 0 0 20168525 20168525 634770162 324546652 310223510 15028086 11331910 3696176 51453727 26595824 24857903 42416989 22147338 20269651 379215765 MULTI-STRATEGY ALT INV 97778732 F 97778732 DEPOSITS WITH BOND TRUSTEES 2861208 RIGHT-OF-USE ASSET 16951086 NET INVESTMENT IN LEASE 53629685 73441979 LEASE LIABILITIES 35861588 POST RETIREMENT BENEFITS LIABILITY 33762744 EARLY RETIREMENT PLAN 7111318 ASSET RETIREMENT OBLIGATION 7511000 INTEREST RATE SWAP 4781447 OTHER LIABILITIES 6172558 EST SELF-INSURANCE LIABILITY 5160521 100361176 X 429009550 32111192 60104809 92216001 336793549 1332054 100455210 101787264 438580813 304681852 883429 883429 303798423 1332054 101338639 102670693 406469116 PART III, LINE 4: COLLECTION OF ART AND HISTORICAL TREASURES LONG ISLAND UNIVERSITY HAS COLLECTIONS OF ART, HISTORICAL TREASURES, AND OTHER SIMILAR ASSETS HELD FOR RESEARCH, EDUCATION, AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE WHICH ARE MAINTAINED UNDER CURATORIAL CARE. IN ACCORDANCE WITH ASC 958, THE UNIVERSITY DOES NOT CAPITALIZE ITS COLLECTIONS. PART V, LINE 4: USE OF ENDOWMENT FUNDS ENDOWMENT FUND REVENUE IS USED FOR GENERAL OPERATING SUPPORT UNLESS IT IS RESTRICTED BY THE DONOR FOR A SPECIFIC PURPOSE. PART X, LINE 2: UNCERTAIN TAX POSITIONS THE UNIVERSITY HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE AND IS CONSIDERED EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR ANY UNRELATED BUSINESS INCOME ACTIVITIES. NO PROVISION FOR INCOME TAXES HAS BEEN MADE AS THE UNIVERSITY HAS NOT REPORTED ANY MATERIAL TAXABLE UNRELATED BUSINESS INCOME. THE UNIVERSITY EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS FINANCIAL STATEMENTS USING A THRESHOLD OF MORE LIKELY THAN NOT. AS OF AUGUST 31, 2023 AND 2022, THE UNIVERSITY HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: POST RETIREMENT CHANGES 183,852. CHANGE IN FMV OF INTEREST RATE SWAP AGREEMENTS 3,689,893. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 18,039. OTHER RECLASSIFICATIONS -185,435. GAIN ON SALE OF PROPERTY 56,398,460. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 101,338,639. SPECIAL EVENTS EXPENSES -552,359. RENTAL EXPENSES -331,070. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF SPECIAL EVENT EXPENSES 552,359. RECLASS OF RENTAL EXPENSES 331,070. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 101,338,639. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE FOLLOWING POLICY APPEARS ON LONG ISLAND UNIVERSITY'S WEBSITE AND UNIVERSITY BULLETINS: LONG ISLAND UNIVERSITY IS COMMITTED TO MAINTAINING A LEARNING AND WORKING ENVIRONMENT THAT IS FREE FROM DISCRIMINATION, HARASSMENT, RETALIATION AND/OR SEXUAL ASSAULT. DISCRIMINATION OR HARASSMENT BASED ON RACE, GENDER, GENDER IDENTITY OR EXPRESSION, COLOR, CREED, RELIGION, AGE, NATIONAL ORIGIN, ETHNICITY, DISABILITY, VETERAN OR MILITARY STATUS, SEX, SEXUAL ORIENTATION, PREGNANCY, GENETIC INFORMATION, MARITAL STATUS, CITIZENSHIP STATUS, OR ANY OTHER LEGALLY PROHIBITED BASIS IS UNLAWFUL AND UNDERMINES THE CHARACTER AND PURPOSE OF THE UNIVERSITY. ANY SUCH DISCRIMINATION OR HARASSMENT VIOLATES UNIVERSITY POLICY AND WILL NOT BE TOLERATED. (SEE SCHEDULE O FOR MORE). SCHEDULE E, PART I, LINE 6 FORM 990, SCHEDULE E, LINE 6A THE UNIVERSITY RECEIVES GRANTS FROM THE FOLLOWING GOVERNMENT AGENCIES TO SUPPORT ITS OPERATIONS: FEDERAL AID: UNITED STATES DEPARTMENT OF EDUCATION UNITED STATES DEPARTMENT OF HEALTH AND HUMAN SERVICES UNITED STATES DEPARTMENT OF AGRICULTURE NATIONAL SCIENCE FOUNDATION NATIONAL INSTITUTE OF HEALTH NATIONAL ENDOWMENT FOR THE HUMANITIES NEW YORK STATE AID: NEW YORK STATE HIGHER EDUCATION SERVICES CORPORATION 1 CENTRAL AMERICA AND THE CARIBBEAN 1 10 PROGRAM SERVICES ACADEMIC INSTRUCTION 575845 EAST ASIA AND THE PACIFIC 0 6 PROGRAM SERVICES ACADEMIC INSTRUCTION 580782 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES ACADEMIC INSTRUCTION 16813 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING SCHOLARSHIPS 434157 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING SCHOLARSHIPS 677403 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANTMAKING SCHOLARSHIPS 3810837 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING SCHOLARSHIPS 281276 NORTH AMERICA 0 0 GRANTMAKING SCHOLARSHIPS 1768323 RUSSIA AND NEIGHBORING STATES 0 0 GRANTMAKING SCHOLARSHIPS 267973 SOUTH AMERICA 0 0 GRANTMAKING SCHOLARSHIPS 505045 SOUTH ASIA 0 0 GRANTMAKING SCHOLARSHIPS 456540 SUB-SAHARAN AFRICA 0 0 GRANTMAKING SCHOLARSHIPS 732948 1 16 0 0 1 16 8145436 1962506 10107942 SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 15 0 434157 TUITION CRED BOOK SCHOLARSHIPS EAST ASIA AND THE PACIFIC 21 0 677403 TUITION CRED BOOK SCHOLARSHIPS EUROPE (INCLUDING ICELAND AND GREENLAND) 85 0 3810837 TUITION CRED BOOK SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 9 0 281276 TUITION CRED BOOK SCHOLARSHIPS NORTH AMERICA 47 0 1768323 TUITION CRED BOOK SCHOLARSHIPS RUSSIA AND NEIGHBORING STATES 8 0 267973 TUITION CRED BOOK SCHOLARSHIPS SOUTH AMERICA 14 0 505045 TUITION CRED BOOK SCHOLARSHIPS SOUTH ASIA 27 0 456540 TUITION CRED BOOK SCHOLARSHIPS SUB-SAHARAN AFRICA 17 0 732948 TUITION CRED BOOK 1 0 1 1 1 1 PART I, LINE 2: GRANT MONITORING LONG ISLAND UNIVERSITY OFFERS A NUMBER OF INSTITUTIONAL GRANTS AND SCHOLARSHIPS TO QUALIFYING STUDENTS ENROLLED IN DEGREE PROGRAMS. EACH GRANT OR OTHER FORMS OF ASSISTANCE HAVE SPECIFIC AWARDING CRITERIA AND INDIVIDUAL RULES FOR SELECTION BASED ON MERIT, NEED, AND/OR PERFORMANCE. THE CAMPUS ENROLLMENT SERVICES OFFICES ARE RESPONSIBLE FOR PREPARING INDIVIDUAL STUDENT AWARD PACKAGES. THE DISBURSAL OF FINANCIAL AID IS SEGREGATED AND PERFORMED BY THE CENTRAL FINANCIAL AID OFFICE OF THE UNIVERSITY. THE STUDENT FINANCIAL SERVICES OFFICE POSTS TRANSACTIONS TO EACH INDIVIDUAL STUDENT ACCOUNT. IN ADDITION, INTERNAL CONTROLS ARE IN PLACE TO ENSURE AMOUNTS ARE AWARDED ACCURATELY TO STUDENTS WHO PROPERLY MEET AND MAINTAIN ELIGIBILITY CRITERIA. ACCOUNTING TRANSACTIONS ARE ROUTINELY RECONCILED THROUGH THE UNIVERSITY'S ERP SYSTEM AND STUDENT ACCOUNTS ARE CONSISTENTLY MONITORED BY ADMINISTRATIVE STAFF. PART I, LINE 3: METHOD USED TO ACCOUNT FOR EXPENDITURES EXPENDITURES ON PART I, LINE 3, COLUMN F ARE REPORTED ON AN ACCRUAL BASIS. PART III ACCOUNTING METHOD: X X X X X X X 1 AL AK AR AZ CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MA MD MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY LIU GALA 634156 213260 420896 32478 110938 56730 TILLES SWING FOR KIDS 464368 342368 122000 82954 59297 1000 36773 5 364066 206898 157168 39920 63057 40842 28370 1462590 762526 700064 155352 233292 41842 121873 552359 147705 1 SCHOLARSHIPS 5094 92404138 BOOK TUITION CREDIT SCHOLARSHIPS 4464926 BOOK ROOM AND BOARD PART I, LINE 2: GRANT MONITORING LONG ISLAND UNIVERSITY OFFERS A NUMBER OF INSTITUTIONAL GRANTS AND SCHOLARSHIPS TO QUALIFYING STUDENTS ENROLLED IN DEGREE PROGRAMS. EACH GRANT OR OTHER FORMS OF ASSISTANCE HAVE SPECIFIC AWARDING CRITERIA AND INDIVIDUAL RULES FOR SELECTION BASED ON MERIT, NEED, AND/OR PERFORMANCE. THE CAMPUS ENROLLMENT SERVICES OFFICES ARE RESPONSIBLE FOR PREPARING INDIVIDUAL STUDENT AWARD PACKAGES. THE DISBURSAL OF FINANCIAL AID IS SEGREGATED AND PERFORMED BY THE CENTRAL FINANCIAL AID OFFICE OF THE UNIVERSITY. THE STUDENT FINANCIAL SERVICES OFFICE POSTS TRANSACTIONS TO EACH INDIVIDUAL STUDENT ACCOUNT. IN ADDITION, INTERNAL CONTROLS ARE IN PLACE TO ENSURE AMOUNTS ARE AWARDED ACCURATELY TO STUDENTS WHO PROPERLY MEET AND MAINTAIN ELIGIBILITY CRITERIA. ACCOUNTING TRANSACTIONS ARE ROUTINELY RECONCILED THROUGH THE UNIVERSITY'S ERP SYSTEM AND STUDENT ACCOUNTS ARE CONSISTENTLY MONITORED BY ADMINISTRATIVE STAFF. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 DR KIMBERLY CLINE PRESIDENT 1042319 0 0 0 10912 0 183550 0 113909 0 1350690 0 0 0 RANDY BURD SVP ACADEMIC AFFAIRS (THRU 7/23) 577617 0 0 0 60575 0 74400 0 47164 0 759756 0 0 0 ARASH DABESTANI DEAN-PHARMACY 503575 0 0 0 0 0 24400 0 47582 0 575557 0 0 0 CHRISTOPHER FEVOLA VP AND CHIEF FINANCIAL OFFICER 451697 0 0 0 562 0 63550 0 47878 0 563687 0 0 0 JOSEPH SCHAEFER CHIEF OPERATING OFFICER 387567 0 0 0 6425 0 54400 0 65053 0 513445 0 0 0 BASHAR BAROUDI VP INFORMATION TECHNOLOGY 390173 0 0 0 6162 0 63550 0 47963 0 507848 0 0 0 JOHN LONIE ASSOCIATE PROFESSOR 67040 0 0 0 401404 0 7323 0 1476 0 477243 0 0 0 GRACE ROSSI FULL PROFESSOR 124187 0 0 0 304562 0 7907 0 243 0 436899 0 0 0 MOHAMMED CHERKAOUI VP RESEARCH 371156 0 0 0 8149 0 24400 0 16922 0 420627 0 0 0 MARIA PORTER FULL PROFESSOR 88067 0 0 0 312068 0 7928 0 12290 0 420353 0 0 0 JILL RATHUS FULL PROFESSOR 81633 0 0 0 302026 0 7922 0 12450 0 404031 0 0 0 ELIZABETH CHEUNG-GAFFNEY VP UNIVERSITY COUNSEL 297920 0 0 0 6000 0 34517 0 44777 0 383214 0 0 0 DEIRDRE WHITMAN FMR VP UNI. ADMISSIONS (THRU 8/22) 273305 0 0 0 51610 0 22122 0 17792 0 364829 0 0 0 MICHAEL BERTHEL VP STUDENT AFFAIRS 245000 0 0 0 5719 0 26950 0 56901 0 334570 0 0 0 CHARLES RASBERRY FMR VP UNIV. ADV (THRU 8/22) 268187 0 0 0 0 0 21946 0 20854 0 310987 0 0 0 JEFFREY KANE FMR SVP ACAD AFFRS (THRU 8/17) 234240 0 0 0 8234 0 25191 0 39630 0 307295 0 0 0 WINIFRED MACK TRUSTEE/EXC DEAN HLTH PROF 298483 0 0 0 1000 0 0 0 2101 0 301584 0 0 0 CHARLES WEIS FMR VP ACADEMIC AFFAIRS (THRU 7/22) 219685 0 0 0 7050 0 18081 0 30455 0 275271 0 0 0 LORETTA KNAPP FMR VP ACAD AFFAIRS (THRU 6/18) 129384 0 0 0 1827 0 12060 0 613 0 143884 0 0 0 PART I, LINE 1A SCHEDULE J, PART II, COLUMN D, INCLUDES NON-TAXABLE HOUSING BENEFIT OF $88,899 FOR DR. KIMBERLY CLINE, $56,074 FOR JOSEPH SCHAEFER, AND $56,074 FOR MICHAEL BERTHEL. DR. KIMBERLY CLINE, JOSEPH L. SCHAEFER, AND MICHAEL BERTHEL ARE REQUIRED TO RESIDE ON THE UNIVERSITY'S CAMPUS AS A CONDITION OF THEIR EMPLOYMENT. COMPENSATION AMOUNTS REPORTED ON SCHEDULE J, PART II, COLUMN B (III), INCLUDES A TAXABLE HOUSING BENEFIT OF $50,000 FOR DEIDRE WHITMAN. SCHEDULE J, PART II, COLUMN D, INCLUDES NON-TAXABLE CLUB DUES PAID ON BEHALF OF DR. KIMBERLY CLINE IN THE AMOUNT OF $1,307. PART I, LINE 4B - NONQUALIFIED RETIREMENT PLAN COMPENSATION AMOUNTS REPORTED ON SCHEDULE J, PART II, COLUMN B (III), INCLUDES NONQUALIFIED RETIREMENT DEFERRED COMPENSATION FOR GRACE ROSSI IN THE AMOUNT OF $304,562, MARIA PORTER IN THE AMOUNT OF $312,068, JILL RATHUS IN THE AMOUNT OF $302,026, AND JOHN LONIE IN THE AMOUNT OF $401,404. PART 1, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN CALENDAR YEAR 2022, THE FOLLOWING INDIVIDUALS PARTICIPATED IN AN IRC SEC 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN AND RECEIVED THE NON-VESTED DEFERRED BENEFITS LISTED, SUCH DEFERRED AMOUNT WAS NOT PAID OR VESTED IN CALENDAR 2022 BUT IS REQUIRED TO BE DISCLOSED UNDER IRS REGULATIONS. DR. KIMBERLY CLINE $150,000 RANDY BURD $50,000 ELIZABETH CHEUNG-GAFFNEY $34,517 BASHAR BAROUDI $30,000 CHRISTOPHER FEVOLA $30,000 JOSEPH SCHAEFER $30,000 A DORMITORY AUTHORITY OF THE STATE OF NEW YORK SERIES 2021A 146000293 2021-07-28 55600000 SEE PART VI. 0 0 0 A 1020000 55600000 542452 55057548 2021 1 0 0 1 A 0 1 1 1 0 0.00200 0.00000 0.00200 0 0 1 A 0 1 1 0 1 0 0 0 1 A 1 PART I (F) BONDS WERE ISSUED TO REFUND REISSUED SERIES 2006A-1 BONDS ISSUED ON SEPTEMBER 23, 2015, TO REFUND REISSUED SERIES 2006A-2 BONDS ISSUED ON AUGUST 24, 2016, AND TO PAY COSTS OF ISSUANCE. PART II, LINE 13 SINCE PROCEEDS OF THE BONDS WERE USED FOR REFUNDING PURPOSES, THE YEAR OF SUBSTANTIAL COMPLETION IS NOT APPLICABLE. 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 REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. PART IV, LINE 2 (B) THE BONDS HAVE MET THE 6-MONTH EXCEPTION TO REBATE REQUIREMENT. MICHAEL FEVOLA FAMILY MEMBER 147431 EMP. COMP. 0 SCHEDULE L, PART IV CHRISTOPHER FEVOLACHRISTOPHER FEVOLA IS AN OFFICER OF THE UNIVERSITY AND HIS BROTHER, MICHAEL FEVOLA, IS AN EMPLOYEE OF THE UNIVERSITY. X 8 122220 FAIR MARKET VALUE 0 0 1 0 SCHEDULE M, PART I, COLUMN (B): NUMBER OF CONTRIBUTORS THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 1 - ORGANIZATION'S MISSION BRIEF DESCRIPTION OF ORGANIZATION'S MISSION TO PROVIDE EXCELLENCE AND ACCESS IN PRIVATE HIGHER EDUCATION THOSE WHO SEEK TO EXPAND THEIR KNOWLEDGE AND PREPARE THEMSELVES FOR MEANINGFUL, EDUCATED LIVES AND FOR SERVICE TO THEIR COMMUNITIES AND THE WORLD FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM (KPMG) BASED ON INFORMATION PROVIDED BY THE BUSINESS AND FINANCE DIVISION OF THE UNIVERSITY. THE AUDIT COMMITTEE THEN REVIEWS THE FORM 990 IN A MEETING ATTENDED BY COMMITTEE MEMBERS, MANAGEMENT AND THE INDEPENDENT ACCOUNTANTS. A COPY OF THE FINAL FORM 990 IS PROVIDED TO THE EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN WITH THE IRS. THE AUDIT COMMITTEE CHAIR, CHIEF FINANCIAL OFFICER AND THE INDEPENDENT ACCOUNTANTS ARE AVAILABLE TO THE BOARD FOR QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ANNUALLY COMPLETE A QUESTIONNAIRE TO DISCLOSE POTENTIAL CONFLICTS. THE QUESTIONNAIRE INCLUDES KEY DEFINITIONS AND EXAMPLES. IN ADDITION, THE CONFLICT OF INTEREST POLICY IS ANNUALLY REVIEWED WITH OFFICERS, DIRECTORS AND KEY EMPLOYEES AND THE SAME ARE REGULARLY REMINDED TO DISCLOSE ANY CHANGES. FOR ALL ACTUAL OR POTENTIAL CONFLICTS THAT ARE IDENTIFIED BY MANAGEMENT, THE AFFECTED PERSON IS ASKED TO RECUSE HIMSELF OR HERSELF FROM ALL DELIBERATIONS, TRANSACTIONS, NEGOTIATIONS AND OTHER MATTERS RELATING TO ANY SUCH INTEREST. NEW OFFICERS, DIRECTORS AND KEY EMPLOYEES UNDERGO AN ORIENTATION WHICH INCLUDES A REVIEW OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE UNIVERSITY PRESIDENT AND OTHER UNIVERSITY OFFICERS IS ESTABLISHED BY A PROCESS THAT INCLUDES THE USE OF EXTERNALLY PROVIDED COMPARABILITY DATA, REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES, AND CONTEMPORANEOUS RECORDKEEPING OF DELIBERATIONS AND DECISIONS. THE COMPENSATION COMMITTEE CONSISTS OF THE CHAIR OF THE BOARD OF TRUSTEES, THE SECRETARY AND THE UNIVERSITY CHANCELLORS. THE PRESIDENT DOES NOT PARTICIPATE IN THE SETTING/REVIEW OF HER COMPENSATION AND ALL DECISIONS ARE MADE BY INDEPENDENT PERSONS WITHOUT A CONFLICT OF INTEREST WITH RESPECT TO COMPENSATION ARRANGEMENTS. THE UNIVERSITY ENGAGES AN OUTSIDE CONSULTING FIRM TO REVIEW THE COMPARABLES AND TO ASSIST THE COMMITTEE IN ITS DELIBERATIONS. THE CONSULTING FIRM REVIEWS COMPENSATION OF THE UNIVERSITY'S OFFICERS IN COMPARISON TO THOSE OFFICERS OF OTHER UNIVERSITIES. THEIR REPORT IS PRESENTED TO THE EXECUTIVE COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES. THE MOST RECENT REVIEW TOOK PLACE IN SEPTEMBER 2022. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENT REVIEW POLICY LONG ISLAND UNIVERSITY PUBLISHES AN ANNUAL REPORT TO THE COMMUNITY WHICH INCLUDES FINANCIAL STATEMENT HIGHLIGHTS. THIS REPORT IS AVAILABLE ON THE UNIVERSITY'S WEB SITE. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE GENERAL PUBLIC ON REQUEST. THE 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: POSTRETIREMENT CHANGES 183,852. CHANGE IN FMV OF INTEREST RATE SWAP AGREEMENTS 3,689,893. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 18,039. OTHER NONOPERATING CHANGE IN NET ASSETS -185,435. GAIN ON SALE OF PROPERTY 56,398,460. FORM 990, SCHEDULE E, PART II THE FOLLOWING POLICY APPEARS ON LONG ISLAND UNIVERSITY'S WEBSITE AND UNIVERSITY BULLETINS: THIS POLICY COVERS ALL MEMBERS OF THE UNIVERSITY COMMUNITY-STUDENTS, FACULTY AND STAFF-AS WELL AS THOSE WHO INTERACT WITH MEMBERS OF THE UNIVERSITY COMMUNITY SUCH AS VENDORS OR VISITORS. THE UNIVERSITY ENCOURAGES EVERYONE TO REPORT ALL INCIDENTS OF DISCRIMINATION OR HARASSMENT, REGARDLESS OF WHO THE OFFENDER MAY BE. OLD TENNIS CLUB 700 NORTHERN BLVD BROOKVILLE NY 11548 112347433 TENNIS CLUB NY 501(C)(3) LINE 12A, I LIU 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0