2025-04-14T21:34:21+00:00 2024-05-31 440160260 Forvis Mazars LLP 211 N Broadway Suite 600 St Louis MO 631022733 990 2023-06-01 430662529 Webster University WEBS 3149686900 470 East Lockwood Avenue St Louis MO 631193194 WILLIAM DONOVAN CFO AND TREASURER 3149686900 2025-04-15 true Kristen Hankins P01256574 3142315544 2025-04-15 2023 2025-03-06 01:10:19Z DR TIMOTHY KEANE 470 East Lockwood Avenue St Louis MO 631193194 304316625 false X WWW.WEBSTER.EDU X 1924 MO WEBSTER UNIVERSITY, A WORLDWIDE INSTITUTION, ENSURES HIGH QUALITY LEARNING EXPERIENCES THAT TRANSFORM STUDENTS FOR GLOBAL CITIZENSHIP AND INDIVIDUAL EXCELLENCE. 19 15 2406 200 0 0 3687201 4264829 113753963 146050146 7036786 17880432 2455701 2559902 126933651 170755309 33676418 40233981 0 0 70472138 74071547 124616 83060 1957582 61976737 69654635 166249909 184043223 -39316258 -13287914 335061582 303107028 141269712 128207562 193791870 174899466 FOUNDED IN 1915, WEBSTER IS A PRIVATE NON-PROFIT AND GLOBAL UNIVERSITY THAT IS COMMITTED TO DELIVERING HIGH-QUALITY LEARNING EXPERIENCES THAT TRANSFORM STUDENTS FOR GLOBAL CITIZENSHIP AND INDIVIDUAL EXCELLENCE. false false 152730953 40233981 146113052 WITH ITS HOME CAMPUS IN ST. LOUIS, MISSOURI, USA, WEBSTER UNIVERSITY COMPRISES AN ACTION-ORIENTED GLOBAL NETWORK OF FACULTY, STAFF, STUDENTS AND ALUMNI WHO FORGE POWERFUL BONDS WITH EACH OTHER AND WITH THEIR COMMUNITIES AROUND THE GLOBE. FOUNDED IN 1915, WEBSTER IS A PRIVATE NON-PROFIT UNIVERSITY WITH STUDENTS STUDYING AT CAMPUS LOCATIONS IN NORTH AMERICA, EUROPE, ASIA AND AFRICA AND IN A ROBUST LEARNING ENVIRONMENT ONLINE. THE UNIVERSITY IS COMMITTED TO DELIVERING HIGH-QUALITY LEARNING EXPERIENCES THAT TRANSFORM STUDENTS FOR GLOBAL CITIZENSHIP AND INDIVIDUAL EXCELLENCE. THIS MISSION IS REINFORCED BY ADHERENCE TO THE FOLLOWING FOUR VALUES: 1. STUDENTS - BY SUSTAINING A PERSONALIZED APPROACH TO A GLOBAL, STUDENT-CENTERED EDUCATION THROUGH SMALL CLASSES, CLOSE RELATIONSHIPS WITH FACULTY AND STAFF, AND ATTENTION TO STUDENT LIFE. 2. LEARNING - BY DEVELOPING EDUCATIONAL PROGRAMS THAT JOIN THEORY AND PRACTICE, ADDRESS CONTEMPORARY NEEDS OF EMPLOYERS/SOCIETY, PROVIDE AN INTERNATIONAL PERSPECTIVE, ENCOURAGE CREATIVITY AND SCHOLARSHIP, FOSTER A LIFELONG DESIRE TO LEARN AND ACTIVELY SERVE COMMUNITY AND THE WORLD. 3. DIVERSITY AND INCLUSION - BY CREATING AN ENVIRONMENT ACCESSIBLE TO INDIVIDUALS OF DIVERSE CULTURES, AGES, AND SOCIOECONOMIC BACKGROUNDS AND INSTILLING IN STUDENTS A RESPECT FOR DIVERSITY AND AN UNDERSTANDING OF THEIR OWN AND OTHERS' VALUES. 4. GLOBAL CITIZENSHIP - BY EDUCATING A DIVERSE POPULATION LOCALLY, NATIONALLY AND INTERNATIONALLY, ACTING RESPONSIBLY TOWARD THE ENVIRONMENT TO FOSTER A SUSTAINABLE FUTURE, AND STRENGTHENING THE COMMUNITIES WE SERVE. WHILE OUR VALUES REFLECT OUR MISSION, OUR MISSION-FOCUSED STRATEGIES ALSO HELP MEET THE NEEDS OF OUR STUDENTS AND COMMUNITIES WE SERVE. WE DO THIS THROUGH A GLOBAL MINDSET THAT WELCOMES CULTURAL IMMERSION, NEW WAYS OF LIVING AND THINKING, AND EDUCATION THAT OPENS OUR STUDENTS TO THE WORLD AND IN TURN, OPENS THE WORLD TO OUR STUDENTS. WEBSTER UNIVERSITY CAMPUS LOCATIONS ARE PART OF A POWERFUL NETWORK OF LEARNING, INFORMATION SHARING, AND SOCIAL AND CULTURAL EXCHANGE. ULTIMATELY, THEY PROVIDE A LOCATION FOR KNOWLEDGE CREATION, PRESERVATION A DISSEMINATION ON A LOCAL AND GLOBAL SCALE. AS A STRONG, TRULY INTERNATIONAL UNIVERSITY, WEBSTER PROVIDES UNIQUELY GLOBAL OPPORTUNITIES AND EXPERIENCES, WHICH PREPARE OUR STUDENTS TO LEAD IN THEIR COMMUNITIES AND AROUND THE WORLD. WEBSTER INTEGRATES ACADEMICS AND OPERATIONS IN INNOVATIVE WAYS TO ACHIEVE EXCELLENCE IN ACADEMIC AND ADMINISTRATIVE PROGRAMS, SERVICES AND GRADUATES. WE ATTRACT DIVERSE, INTERESTING AND ACCOMPLISHED STUDENTS, FACULTY AND STAFF WHO THRIVE IN AND CONTRIBUTE TO OUR PREMIER GLOBAL NETWORK FOR LEARNING. OUR STUDENTS, FACULTY AND STAFF ARE COMMITTED TO THEIR LOCAL COMMUNITIES AND ENJOY BUILDING CONNECTIONS WITH FRIENDS AND COLLEAGUES AROUND THE WORLD. FACULTY TEACHING SCHOLARSHIP, RESEARCH, ARTISTIC ENDEAVORS, CURRICULUM DEVELOPMENT AND SERVICE SUPPORT OUR CULTURE OF ACADEMIC EXCELLENCE ACROSS THE NETWORK. MORE THAN 200,000 ALUMNI FORM AN ELITE GLOBAL NETWORK OF ACCOMPLISHED AND CONNECTED CITIZENS. 152730953 true true false true false false true false true true false false true true false false true true true true false true true true false false true true true true false false false false false false false false true true true false false false true true true true false false true X 238 0 true 2406 true false true AU NL SZ UZ CH GG GH GR false false false true true false false false false false false X 19 15 false false false false false false false true true false false true true true true true true true true false CA CO GA MD MA MI OK PA SC WA X X BARBARA THOELE 3142467111 470 EAST LOCKWOOD AVENUE ST LOUIS MO 631193194 ELIZABETH STROBLE CHANCELLOR 38.0 0.0 X X 729100 0 338488 JEANELLE WILEY PART YEAR ASST CHANCELLOR, SECRETARY 38.0 0.0 X X 107565 0 27681 JOVITA FOSTER VICE CHAIR 1.0 0.0 X X 0 0 0 JULIAN SCHUSTER PRESIDENT 38.0 0.0 X X 610929 0 276386 RICHARD MEYER PART YEAR CFO AND TREASURER 38.0 0.0 X X 160361 0 5509 SUMIT VERMA CHAIR OF THE BOARD 1.0 0.0 X X 0 0 0 SUSAN BURNS VICE CHAIR 1.0 0.0 X X 0 0 0 WILLIAM DONOVAN CFO AND TREASURER 38.0 0.0 X X 0 0 0 ALICIA ELSNER TRUSTEE 1.0 0.0 X 0 0 0 ANDY GEISSE PART-YEAR TRUSTEE 1.0 0.0 X 0 0 0 ATUL SHARMA TRUSTEE 1.0 0.0 X 0 0 0 CHARLES STUCKE TRUSTEE 1.0 0.0 X 0 0 0 DAVID P WEISS TRUSTEE 1.0 0.0 X 0 0 0 DR WILLIAM FOGARTY TRUSTEE 1.0 0.0 X 0 0 0 GUS HATTRICH PART-YEAR TRUSTEE 1.0 0.0 X 0 0 0 JENNIFER OZIMKIEWICZ TRUSTEE 1.0 0.0 X 0 0 0 JOHN NICKEL TRUSTEE 1.0 0.0 X 0 0 0 KATHLEEN O'NEILL TRUSTEE 1.0 0.0 X 0 0 0 KRISTIN M JOHNSON TRUSTEE 1.0 0.0 X 0 0 0 LISA MELANDRI TRUSTEE 1.0 0.0 X 0 0 0 MARVIN ANDERSON TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL J GIRSCH TRUSTEE 1.0 0.0 X 0 0 0 MIKE CLAIBORNE TRUSTEE 1.0 0.0 X 0 0 0 LISA BLAZER VP OF ENROLLMENT MANAGEMENT 38.0 0.0 X 221612 0 18806 NANCY HELLERUD VICE PRESIDENT OF ACADEMIC AFFAIRS 38.0 0.0 X 215377 0 16862 ERIC ROTHENBUHLER DEAN COMMUNICATIONS 38.0 0.0 X 184721 0 25964 GREG MALONE GLOBAL CHIEF INFO OFFICER 38.0 0.0 X 209854 0 22867 JILL STULCE ASSOCIATE PROFESSOR 38.0 0.0 X 187739 0 15606 PAUL STEGER DEAN SCHOOL FINE ARTS 38.0 0.0 X 182780 0 32219 SIMONE CUMMINGS DEAN SCHOOL BUSINESS/TECH 38.0 0.0 X 195966 0 16480 3006004 0 796868 88 false true false GUS UK MANAGMENT LIMITED 40 TOWER HILL SCEPTRE COURT LONDON UK EC3N4DX STUDENT RECRUITMENT SERVICES 4423558 RUFFALO NOEL LEVTIZ LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 ENROLLMENT MANAGEMENT SERVICES 2618324 SODEXO INC & AFFILIATES 463 MOUNTAIN VIEW DRIVE COLCHESTER VT 05446 FOOD SERVICES/CATERING 2442096 DON C MUSICK CONSTRUCTION CO 60 WELDON PARKWAY MARYLAND HEIGHTS MO 63043 CONSTRUCTION 1256549 4M BUILDING SOLUTIONS LLC 2827 CLARK AVENUE SAINT LOUIS MO 63103 JANITORIAL SERVICES 1255480 84 18598 2307842 1938389 33542 4264829 TUITION AND FEES 611600 135003510 135003510 AUXILIARY ENTERPRISES 611710 10954145 10954145 ANCILLARY OPERATIONS 611710 92491 92491 0 0 0 0 146050146 2873472 2873472 2316051 1032831 1283220 0 1283220 1283220 146949536 576111 132518687 0 14430849 576111 15006960 15006960 7779 18598 9798 -2019 -2019 INTERCOMPANY CHARGES 900099 945132 945132 SUBLEASE RENTAL INCOME 900099 270663 270663 ATHLETIC CAMPS 900099 62906 62906 0 0 0 0 1278701 170755309 146113052 0 20377428 X 56200 56200 40118406 40118406 59375 59375 0 0 2071727 179323 1584107 308297 44000 44000 58837726 52103576 5963028 771122 929020 792930 116376 19714 8229561 6919704 1137581 172276 3959513 3402031 477984 79498 1817052 101062 1715269 721 456083 456083 24000 24000 83060 83060 923711 923711 20026250 16288848 3706751 30651 2111006 452053 1658953 5832787 5318477 441421 72889 6768496 4660972 2011736 95788 8003975 7156505 814967 32503 1577371 1367274 207844 2253 880610 746030 68479 66101 5052005 3649443 1328450 74112 9928745 7139594 2641766 147385 2723674 84964 2638710 MEMBERSHIP FEES 338335 219633 118523 179 TAXES AND LICENSES 236570 151124 84413 1033 GRADUATION EXPENSE 99756 99426 330 STUDENT ACTIVITIES 97313 96505 808 2756896 1523498 1233398 0 184043223 152730953 29354688 1957582 4048924 5997606 8945521 28566949 2891424 2681836 18489941 22516426 0 0 0 0 13822746 13547742 2758074 2243415 385535425 233803561 158276650 151731864 70138236 29631398 20804577 12238975 0 34885489 33950817 335061582 303107028 12333394 15863109 354204 86377 12676684 14932578 59855177 54931090 0 0 47556939 36766388 8493314 5628020 141269712 128207562 X 140024806 163973809 53767064 10925657 193791870 174899466 335061582 303107028 X -13287914 -2708429 -2896061 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 24000 false false 24000 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY THE LOBBYING ACTIVITIES ARE PROVIDED BY AN OUTSIDE INDEPENDENT CONTRACTOR. THE ACTIVITIES INCLUDE: PROMOTING WEBSTER UNIVERSITY'S IMAGE AND RELATIONS WITH FEDERAL OFFICIALS AND GOVERNMENT AGENCIES THROUGH REGULAR COMMUNICATION AND INTERACTION; ASSISTING THE UNIVERSITY IN RECOGNIZING AND RESPONDING TO CHALLENGES RELATED TO FEDERAL LEGISLATION AND GOVERNMENT ACTIVITY; ARRANGING MEETINGS WITH GOVERNMENT AGENCIES, CONGRESSIONAL REPRESENTATIVES OR EMBASSY PERSONNEL AND PROVIDING ADVICE AND RESEARCH AS NEEDED ON EMERGING LEGISLATIVE AND REGULATORY ISSUES. 4726388 X X X false 86049370 181937 8601989 1241735 26643631 272188 66675742 143951186 771452 -2274843 1236719 54121422 1040284 86049370 157525839 683565 -6177388 1058238 6610930 411662 143951186 129755321 1740341 34276369 924605 6932396 389191 157525839 129166795 3872794 4443210 896687 6440454 390337 129755321 0.8921 0.1079 0.0 false false 14743827 14743827 271127558 151318268 119809290 7854767 5252775 2601992 73408129 66985624 6422505 18401144 10246894 8154250 151731864 INTERFUND RECEIVABLE 30093113 RIGHT OF USE ASSET 3857704 33950817 OTHER LIABILITIES 1522571 LEASE LIABILITIES 4105449 5628020 Schedule D, Part III, Line 4 DESCRIPTION AND USE OF THE ORGANIZATION'S COLLECTIONS TO RECOGNIZE LOCAL, NATIONAL, AND GLOBAL ARTISTIC ENDEAVORS AND TO ENRICH COMMUNITY MEMBERS, WEBSTER UNIVERSITY DISPLAYS ARTWORK OF VARIOUS FORMS THROUGHOUT ITS CAMPUSES. WEBSTER'S COLLECTION ALSO SUPPLEMENTS AND ENHANCES A RICH CURRICULUM AND MAKES THE STUDENTS AWARE OF THE VARIOUS ART SPECIALTIES. THIS COLLECTION INCLUDES PAINTINGS, SCULPTURES AND CERAMICS ALONG WITH OTHER ART FORMS. Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part V, Line 4 Intended uses of endowment funds WEBSTER UNIVERSITY'S ENDOWMENT FUNDS ARE AN IMPORTANT SOURCE OF REVENUE WHICH SUPPORTS TEACHING AND PUBLIC SERVICE MISSIONS. THE UNIVERSITY HAS MANY DIFFERENT ENDOWMENT FUNDS WHICH ARE DEDICATED TO DONOR RESTRICTED PURPOSES AND THAT THE UNIVERSITY IS LEGALLY REQUIRED TO UPHOLD. THE INTENDED USE OF THE DONOR RESTRICTED ENDOWMENTS WOULD INCLUDE: - UNDERGRADUATE AND GRADUATE STUDENT FINANCIAL AID - TEACHING/SUPPORT PROFESSORSHIP - PUBLIC SERVICE PROGRAMS AND ACTIVITIES - ATHLETICS - COMMUNITY MUSIC SCHOOL SCHOLARSHIPS - BEATRICE AND DAVID KORNBLUM INSTITUTE - LIBRARY RESOURCES - LORETTO HILTON CENTER BUILDING MAINTENANCE AND EQUIPMENT - LEIGH GERDINE COLLEGE OF FINE ARTS - PRIEST CENTER BUILDING MAINTENANCE - LECTURE SERIES - HERNDON AND SMITH INSTITUTE - ORGEL FOUNTAIN MAINTENANCE - ACADEMIC AWARDS AND PRIZES IN ADDITION, THE UNIVERSITY'S BOARD DESIGNATED ENDOWMENT SPENDING CONTRIBUTES RESOURCES TOWARDS THE UNIVERSITY'S OPERATING BUDGETS, THUS HELPING TO KEEP TUITION BELOW THE LEVEL THAT WOULD BE NECESSARY IF TUITION ALONE PAID THE TRUE COST OF EDUCATING A STUDENT. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY PUBLICATION OF THE ORGANIZATION'S NON-DISCRIMINATORY POLICY IS AVAILABLE ON THE WEBSTER UNIVERSITY WEB PAGE AT WWW.WEBSTER.EDU. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT WEBSTER UNIVERSITY PARTICIPATES IN THE FOLLOWING US GOVERNMENT GRANTS AND CONTRACTS: -FEDERAL PELL GRANT PROGRAM -FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS -FEDERAL WORK STUDY PROGRAM -FEDERAL PERKINS LOAN PROGRAM -FEDERAL DIRECT LOANS -CULTURALLY RESPONSIVE INSTRUCTION FOR ENGLISH LEARNERS PROJECT -NIH BRAD BIOMEDICAL/BIO BEHAVIORAL RESEARCH DEVELOPMENT -WATTS NSF WINNING APPROACHES FOR TALENTED TRANSFERS -NOYCE (ROBERT NOYCE SCHOLARSHIP PRGM -LAYING THE GROUND WORK FOR DUAL-DEGREE PATHWAYS FOR EDUCATING STEM TEACHERS BOUND FOR SUCCESS) true Europe (Including Iceland and Greenland) 4 173 Program Services EDUCATIONAL 3175924 East Asia and the Pacific 2 5 Program Services EDUCATIONAL 0 Central America and the Caribbean 0 0 Investments 12238975 Russia and Neighboring States 2 63 Program Services EDUCATIONAL 5904734 Sub-Saharan Africa 1 25 Program Services EDUCATIONAL 981069 Russia and Neighboring States 0 0 Grantmaking 20000 Europe (Including Iceland and Greenland) 0 0 Grantmaking 39375 Central America and the Caribbean 0 0 Investments 146855 9 266 0 0 9 266 22506932 0 22506932 SCHOLARSHIP Europe (Including Iceland and Greenland) 6 39375 OTHER SCHOLARSHIP Russia and Neighboring States 5 20000 OTHER true false true true false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds SCHOLARSHIP AND TRAVEL AWARDS AND RESTRICTIONS ARE MADE AND MONITORED BY FINANCIAL AID AND ACADEMIC AFFAIRS. THE ACCOUNTING STAFF RECORD THE TRANSACTIONS IN SEPARATE GENERAL LEDGER ACCOUNTS. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part III Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND) -Accrual RUSSIA AND NEIGHBORING STATES -Accrual X X X X X X X true Kama Inc 2650 Metro Blvd Maryland Heights MO 63043 Direct Mail false 36994 25873 11121 Emma Inc 11 Lea Avenue Nashville TN 37210 Direct Mail false 9941 6953 2988 GiveCampus Inc 99 M St SE Suite 233 Washington DC 200033961 Crowdfunding false 67236 42518 24718 ThankView LLC PO Box 844788 Boston MA 02284 Crowdfunding false 12201 7716 4485 126372 83060 43312 CT FL IN MD MA MI MN MS MO NH NY NC OH SC SD TN VA AR WA BASEBALL/GOLF OUTING 15600 7821 7779 9798 RODEO 10777 10777 0 0 26377 18598 7779 9798 9798 -2019 true ST LOUIS AMERICAN FOUNDATION 2315 PINE STREET ST LOUIS MO 63103 431686282 501(C)(3) 15200 GENERAL SUPPORT URBAN LEAGUE OF METRO ST LOUIS INC 3701 GRANDEL SQUARE ST LOUIS MO 63108 430653605 501(C)(3) 10000 GENERAL SUPPORT MISSOURI COMMUNITY COLLEGE ASSOCIATION 2420 HYDE PARK RD STE B JEFFERSON CITY MO 65109 237344633 501(C)(6) 6000 GENERAL SUPPORT 2 1 SCHOLARSHIP/GRANT/TUITION DISCOUNT 6176 40118406 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE ADVANCEMENT UNIT SERVES AS THE COORDINATING DEPARTMENT FOR ALL TYPES OF FUNDRAISING PROGRAMS AND FOR SOLICITATION OF GIFTS. SCHOLARSHIP AWARDS/RESTRICTIONS ARE MADE AND MONITORED BY THE DEPARTMENTS OF FINANCIAL AID AND ACADEMIC AFFAIRS. THE ACCOUNTING STAFF RECORDS THE TRANSACTIONS IN SEPARATE GENERAL LEDGER ACCOUNTS. X X true true X X X X X X false true false false false false false true false ELIZABETH STROBLE CHANCELLOR 673465 0 40803 0 14832 0 245489 0 92999 0 1067588 0 0 0 JULIAN SCHUSTER PRESIDENT 543555 0 31363 0 36011 0 245314 0 31072 0 887315 0 0 0 RICHARD MEYER PART YEAR CFO AND TREASURER 154152 0 0 0 6209 0 4630 0 879 0 165870 0 0 0 LISA BLAZER VP OF ENROLLMENT MANAGEMENT 218436 0 0 0 3176 0 7437 0 11369 0 240418 0 0 0 NANCY HELLERUD VICE PRESIDENT OF ACADEMIC AFFAIRS 210722 0 0 0 4655 0 5572 0 11290 0 232239 0 0 0 GREG MALONE GLOBAL CHIEF INFO OFFICER 166411 0 11500 0 31943 0 5170 0 17697 0 232721 0 0 0 PAUL STEGER DEAN SCHOOL FINE ARTS 182264 0 0 0 516 0 5711 0 26508 0 214999 0 0 0 SIMONE CUMMINGS DEAN SCHOOL BUSINESS/TECH 195450 0 0 0 516 0 5958 0 10522 0 212446 0 0 0 ERIC ROTHENBUHLER DEAN COMMUNICATIONS 183197 0 0 0 1524 0 5718 0 20246 0 210685 0 0 0 JILL STULCE ASSOCIATE PROFESSOR 172403 0 0 0 15336 0 5161 0 10445 0 203345 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use IN RECOGNITION OF THE UNIQUE ROLE OF THE CHANCELLOR AND PRESIDENT IN REPRESENTING THE UNIVERSITY, WEBSTER UNIVERSITY'S POLICY PROVIDES EACH A SUITABLE RESIDENCE FOR CARRYING OUT REQUIRED OFFICIAL DUTIES. THESE DUTIES INCLUDE, BUT ARE NOT LIMITED TO, EXTENDING OFFICIAL HOSPITALITY FOR EVENTS FOR COMMUNITY MEMBERS, LOCAL, NATIONAL, AND INTERNATIONAL DIGNITARIES, TRUSTEES, FACULTY, STAFF, STUDENTS, ALUMNI, DONORS AND OTHER CONSTITUENTS TO BE CONDUCTED AT SAID RESIDENCES DURING THE CALENDAR YEAR ENDED DECEMBER 31, 2023. THE CHANCELLOR AND PRESIDENT RESIDE IN UNIVERSITY-PROVIDED RESIDENCES. THIS BENEFIT IS NOT INCLUDED IN THEIR TAXABLE COMPENSATION. Schedule J, Part I, Line 1a Health or social club dues or initiation fees THE CHANCELLOR AND THE PRESIDENT WERE PROVIDED WITH SOCIAL CLUB DUES. THE SOCIAL CLUB MEMBERSHIPS ARE USED FOR BUSINESS PURPOSES AND CONSIDERED NON-TAXABLE BENEFITS. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan DR. STROBLE AND DR. SCHUSTER PARTICIPATE IN A SUPPLEMENTAL RETIREMENT PLAN THAT IS A NONQUALIFIED DEFERRED COMPENSATION PLAN. NO PAYMENTS WERE MADE TO THEM DURING THE YEAR. Schedule J, Part I, Line 7 Non-fixed payments NON-FIXED PAYMENTS WERE AWARDED FOR AT-RISK COMPENSATION TO ELIZABETH STROBLE AND JULIAN SCHUSTER DURING THE CALENDAR YEAR 2023 IN ACCORDANCE WITH LANGUAGE INCLUDED IN THEIR CONTRACTS. THE AMOUNT OF AT-RISK COMPENSATION AWARDED IS DETERMINED BASED ON THE CRITERIA SET FORTH IN THEIR CONTRACTS. Schedule J, Part II CHANCELLOR'S VOLUNTARY RETIREMENT Webster University and Dr. Stroble entered into an agreement on April 9, 2024. The agreement states that the University shall not contribute to the nonqualified deferred compensation plan (the "457(f) Plan") on behalf of Dr. Stroble with respect to the 2024 or 2025 fiscal years. Any prior contributions to the 457(f) Plan made on behalf of Dr. Stroble shall be governed by the 457(f) Plan, and Dr. Stroble acknowledges and understands that, upon the Retirement Date of June 30, 2024, Dr. Stroble shall forfeit all prior contributions to the 457(f) Plan made on behalf of Dr. Stroble as a result of Dr. Stroble's decision to voluntarily resign from employment at the University made prior to May 31, 2024. Webster University subsequently received the amount of $631,033 back on August 19, 2024, from its prior contributions to the 457(f) Plan made on behalf of Dr. Stroble. In the same agreement the University also agreed to pay Dr. Stroble a total of $600,000, less all applicable withholdings, in two separate installments as severance pay to Dr. Stroble: (1) the first installment will be $300,000, less all applicable withholdings, to be paid on or before September 30, 2024, and (2) the second and final installment will be $300,000, less all applicable withholdings, to be paid on or between January 1, 2025 and March 15, 2025. Webster University subsequently paid Dr. Stroble the first installment of $300,000 on September 30, 2024. A HEALTH AND EDUCATION FACILITIES AUTHORITY OF MO 431178966 60636ANW9 2015-10-22 26000000 FINANCE IMPROVEMENTS ON WEBSTER GROUNDS false false false B HEALTH AND EDUCATION FACILITIES AUTHORITY OF MO 431178966 60636ANW9 2017-06-27 54580790 REFUND 07/13/2011 BONDS false false false A 6355000 26000000 274536 338753 25386711 2017 false false true true B 19051812 55186763 54528647 658116 2012 true true true true A false false false false 0.0 false false true B false false false false 0.0 false false true A false false false true true false false false true B false false false true false false false false true A true B true Schedule K, Part II, Line 3 SCHEDULE K, PART II, LINE 3, COLUMN B TOTAL PROCEEDS DIFFER FROM THE ISSUE PRICE OF THE BONDS BECAUSE OF INVESTMENT EARNINGS ON PROCEEDS IN THE REFUNDING ESCROW. Schedule K, Part IV, Line 2c COLUMN A Issuer name: HEALTH AND EDUCATION FACILITIES AUTHORITY OF MO The calculation for computing no rebate due was performed on 10/22/2020 Schedule K, Part IV, Line 2c COLUMN B Issuer name: HEALTH AND EDUCATION FACILITIES AUTHORITY OF MO The calculation for computing no rebate due was performed on 04/01/2022 EMILY STROBLE DAUGHTER OF OFFICER/TRUSTEE 44000 EMPLOYMENT AT UNIVERSITY false SPARK AGENCY INC ENTITY OWNED OVER 35% BY TRUSTEE 170294 TECHNICAL SERVICES false X 5 33542 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributions Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 HAS BEEN REVIEWED BY THE ASSISTANT CONTROLLER, AND THE VICE PRESIDENT/CFO. THE FORM WAS MADE AVAILABLE TO BOARD MEMBERS ON THE UNIVERSITY'S INTRANET BEFORE FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE UNIVERSITY HAS AN ETHICS/CODE OF CONDUCT POLICY LOCATED ON THE UNIVERSITY WEBSITE. EMPLOYEES SIGN THEIR ACKNOWLEDGEMENT OF THE POLICY AND THEIR ADHERENCE AT NEW EMPLOYEE ORIENTATION. MANAGERS AND SUPERVISORS ARE RESPONSIBLE FOR IMPLEMENTING AND MONITORING COMPLIANCE WITH THE POLICY. EMPLOYEES VIOLATING THE LETTER OR SPIRIT OF THE ETHICS/CODE OF CONDUCT POLICY ARE SUBJECT TO DISCIPLINARY ACTION. THE CONFLICT OF INTEREST POLICIES APPLY TO ALL TRUSTEES AND EMPLOYEES OF THE UNIVERSITY DEFINED WITHIN THE POLICY AS COVERED PERSONS. CERTAIN COVERED PERSONS ANNUALLY COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE PROVIDED BY THE UNIVERSITY TO 1) CONFIRM ONE'S UNDERSTANDING OF THE CONFLICT OF INTEREST POLICY AND 2) TO DISCLOSE ANY POSSIBLE COVERED TRANSACTION WHICH COULD BE OR COULD APPEAR TO BE A CONFLICT. THE UNIVERSITY REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE OF THE CONFLICT OF INTEREST POLICY BY CONSTANT REVIEW OF A WRITTEN POLICY, WHICH CONTAINS DETAILS OF THE FOLLOWING: 1) A POLICY STATEMENT 2) DETAILS OF THE POLICY APPLICATION 3) DEFINITIONS OF: A) CONFLICT OF INTEREST B) COVERED PERSONS C) RELATED PERSONS D) BUSINESS PARTNERS E) TRANSACTING PARTY 4) GUIDANCE FOR AVOIDING CONFLICTS OF INTERESTS IN REGARDS TO: A) BUSINESS DECISIONS B) USE OF UNIVERSITY RESOURCES AND NAME C) GIFTS AND GRATUITIES D) FINANCIAL INTERESTS AND RELATIONSHIPS WITH TRANSACTING PARTIES E) RECEIPT OF ITEMS OF MONETARY VALUE FROM TRANSACTING PARTY 5) STANDARDS FOR APPROVAL OF TRANSACTIONS INVOLVING CONFLICTS OF INTEREST, NOTABLY: A) ACTUAL CONFLICTS OF INTEREST B) APPARENT AND POTENTIAL CONFLICTS OF INTEREST C) SUBSTANTIAL AND MATERIAL BENEFIT 6) ADMINISTRATION OF POLICY INCLUDING: A) REVIEWING REPORTS REGARDING THE CONFLICT OF INTEREST QUESTIONNAIRE B) RECEIVING DISCLOSURES OF PROPOSED TRANSACTIONS INVOLVING A CONFLICT OF INTEREST C) REVIEWING PROPOSED TRANSACTIONS AS COMPARED TO THE STANDARDS D) MAINTAINING DOCUMENTATION E) REVIEWING OPERATIONS TO MAKE CHANGES TO POLICY AS DEEMED APPROPRIATE Form 990, Part VI, Line 15a Process to establish compensation of top management official THE UNIVERSITY CONTINUES TO MEET THE REBUTTABLE PRESUMPTION REQUIREMENTS. THE UNIVERSITY MAINTAINS COMPETITIVE COMPENSATION PRACTICES DESIGNED TO ATTRACT AND RETAIN HIGH-QUALITY EXPERIENCED LEADERSHIP TALENT NEEDED TO MANAGE IN A COMPLEX GLOBAL ENVIRONMENT. EXTERNAL INDEPENDENT COMPENSATION CONSULTANTS ARE ENGAGED PERIODICALLY TO REVIEW AND ADVISE THE BOARD ON EXECUTIVE COMPENSATION. PEARL MEYER, AN EXTERNAL COMPENSATION CONSULTANT, WAS USED IN THE LAST FISCAL YEAR TO ASSESS CHANCELLOR COMPENSATION. IN ACCORDANCE WITH THE BY-LAWS OF WEBSTER UNIVERSITY AND THE CHARTERS OF THE BOARD OF TRUSTEES EXECUTIVE AND COMPENSATION COMMITTEES, THE ELEMENTS OF COMPENSATION AND TOTAL COMPENSATION ARE RECOMMENDED BY THE BOARD COMPENSATION COMMITTEE AND APPROVED BY THE EXECUTIVE COMMITTEE. CHANGES IN COMPENSATION OF THE CHANCELLOR AND THE PRESIDENT ARE RECOMMENDED BY THE BOARD COMPENSATION COMMITTEE AND APPROVED BY THE BOARD EXECUTIVE COMMITTEE. EXECUTIVE COMMITTEE AND COMPENSATION COMMITTEE MEETING MINUTES ARE MAINTAINED. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE PROCESS FOR OTHER OFFICERS FOLLOWS THE SAME PRINCIPLES OF BENCHMARKING AS THAT FOR THE TOP MANAGEMENT OFFICIAL. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Form 990, Part IX, Line 11g Other Fees CONTRACTED PROFESSIONAL SERVICES - Total Expense: 7740279, Program Service Expense: 4083244, Management and General Expenses: 3627877, Fundraising Expenses: 29158; STUDENT RECRUITMENT - Total Expense: 11563412, Program Service Expense: 11542916, Management and General Expenses: 20496, Fundraising Expenses: ; OTHER FEES FOR SERVICES - Total Expense: 722559, Program Service Expense: 662688, Management and General Expenses: 58378, Fundraising Expenses: 1493; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - 3572; FOREIGN CURRENCY TRANSLATIONS - -33981; CONSOLIDATING ENTRIES/INDIRECT COSTS - 1067392; ENDOWMENT FUNDS TRANSFER - -3933044; OLD ORCHARD SHOPPING CENTER LLC 23 OLD ORCHARD AVENUE WEBSTER GROVES MO 63119 430662529 RENTAL MO -116925 3493780 WEBSTER UNIVERSITY WEBSTER UNIVERSITY TONG TU ENTERPRISE MGMT CONS EDUCATIONAL CH WEBSTER UNIV true WEBSTER UNIVERSITY VIENNA EDUCATIONAL AU WEBSTER UNIV true WEBSTER UNIVERSITY-GHANA PLOBT 445B LUANDA CLOSE EAST LEGON ACCRA GH EDUCATIONAL GH WEBSTER UNIV true FONDATION WEBSTER (WEBSTER UNIV-GENEVA) 15 ROUTE DE COLLEX BELLEVUE GENEVA SZ 1293 EDUCATIONAL SZ WEBSTER UNIV true WEBSTER UNIV IN LEIDEN (THE NETHERLANDS) EDUCATIONAL NL WEBSTER UNIV true WEBSTER ATHENS COLLEGE EDUCATIONAL GR WEBSTER UNIV true BRANCH OF WEBSTER UNIV IN IN GEORGIA EDUCATIONAL GG WEBSTER UNIV true true false false false false false false false false true false false false true true true true true true FONDATION WEBSTER A 359875 ACTUAL COSTS WEBSTER UNIV IN LEIDEN A 308997 ACTUAL COSTS WEBSTER ATHENS COLLEGE A 133246 ACTUAL COSTS WEBSTER UNIVERSITY GHANA A 143013 ACTUAL COSTS FONDATION WEBSTER J 1186231 ACTUAL COSTS WEBSTER UNIV IN LEIDEN J 103060 ACTUAL COSTS WEBSTER UNIV IN LEIDEN N 2559 ACTUAL COSTS WEBSTER UNIVERSITY VIENNA O 105169 ACTUAL COSTS WEBSTER ATHENS COLLEGE O 62083 ACTUAL COSTS FONDATION WEBSTER P 259508 ACTUAL COSTS WEBSTER UNIV IN LEIDEN P 17003 ACTUAL COSTS WEBSTER UNIVERSITY VIENNA P 29909 ACTUAL COSTS WEBSTER ATHENS COLLEGE P 19933 ACTUAL COSTS WEBSTER UNIVERSITY GHANA P 100811 ACTUAL COSTS FONDATION WEBSTER Q 18316 ACTUAL COSTS WEBSTER UNIV IN LEIDEN Q 28146 ACTUAL COSTS WEBSTER UNIV TONG TU ENTERPRISE MGMT CONS Q 12150 ACTUAL COSTS WEBSTER UNIVERSITY VIENNA Q 41037 ACTUAL COSTS WEBSTER ATHENS COLLEGE Q 82458 ACTUAL COSTS WEBSTER UNIVERSITY GHANA Q 1119923 ACTUAL COSTS WEBSTER UNIV TONG TU ENTERPRISE MGMT CONS R 50552 ACTUAL COSTS FONDATION WEBSTER R 1318635 ACTUAL COSTS WEBSTER UNIV IN LEIDEN R 1613459 ACTUAL COSTS WEBSTER UNIVERSITY GHANA R 281379 ACTUAL COSTS WEBSTER UNIVERSITY VIENNA R 1215176 ACTUAL COSTS WEBSTER ATHENS COLLEGE R 535103 ACTUAL COSTS FONDATION WEBSTER S 211068 ACTUAL COSTS WEBSTER UNIV IN LEIDEN S 2035390 ACTUAL COSTS WEBSTER UNIV TONG TU ENTERPRISE MGMT CONS S 76642 ACTUAL COSTS WEBSTER UNIVERSITY VIENNA S 718358 ACTUAL COSTS WEBSTER ATHENS COLLEGE S 634592 ACTUAL COSTS WEBSTER UNIVERSITY GHANA S 222783 ACTUAL COSTS FONDATION WEBSTER O 12159 ACTUAL COSTS WEBSTER UNIV IN LEIDEN O 23122 ACTUAL COSTS WEBSTER UNIV-TONG TU ENTERPRSE MGMT CONS P 42 ACTUAL COSTS Schedule R, Part II FOREIGN TAX-EXEMPT CORPORATIONS THE UNIVERSITY'S FOREIGN CORPORATIONS ARE AN EXTENSION OF THE TAX EXEMPT MISSION AND PURPOSE EVEN THOUGH THEY MIGHT BE CONSIDERED TAXABLE WITHIN THE LOCAL JURISDICTIONS.