THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY (EIN 22-1487354)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2025-05-06
IRS object ID: 202501269349302400
Schema version: 2023v6.0
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
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-05-06T11:52:11-05:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	135565207	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	KPMG LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1735 MARKET STREET	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19103	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	221487354	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE TRUSTEES OF THE STEVENS INSTITUTE OF	BusinessNameLine1Txt
Business Name Line2	TECHNOLOGY	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	TRUS	BusinessNameControlTxt
Phone	2012168761	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ONE CASTLE POINT ON HUDSON	AddressLine1Txt
City	HOBOKEN	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07030	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LOUIS MAYER	PersonNm
Person Title	CFO, VP FOR FIN & TREASURER	PersonTitleTxt
Phone	2012168761	PhoneNum
Signature	2025-04-28	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	PHILLIP GROFF	PreparerPersonNm
PTIN	P01247783	PTIN
Phone	2672567000	PhoneNum
Preparation	2025-04-25	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	STEVENS INSTITUTE OF TECHNOLOGY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	LOUIS MAYER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ONE CASTLE PT ON HUDSON	AddressLine1Txt
City	HOBOKEN	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07030	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$638,040,480	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.STEVENS.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1870	FormationYr
Legal Domicile State	NJ	LegalDomicileStateCd
Activity Or Mission	THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE EDUCATIONAL SERVICES, SEE SCHEDULE O.	ActivityOrMissionDesc
Voting Members Governing Body	34	VotingMembersGoverningBodyCnt
Voting Members Independent	28	VotingMembersIndependentCnt
Total Employee	4396	TotalEmployeeCnt
Total Volunteers	839	TotalVolunteersCnt
Total Gross UBI	$192,011	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$16,833,337	PYContributionsGrantsAmt
CY Contributions Grants	$23,047,335	CYContributionsGrantsAmt
PY Program Service Revenue	$472,932,747	PYProgramServiceRevenueAmt
CY Program Service Revenue	$482,134,852	CYProgramServiceRevenueAmt
PY Investment Income	$12,442,094	PYInvestmentIncomeAmt
CY Investment Income	$17,920,798	CYInvestmentIncomeAmt
PY Other Revenue	$3,675,896	PYOtherRevenueAmt
CY Other Revenue	$13,566,810	CYOtherRevenueAmt
PY Total Revenue	$505,884,074	PYTotalRevenueAmt
CY Total Revenue	$536,669,795	CYTotalRevenueAmt
PY Grants And Similar Paid	$128,419,237	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$129,554,579	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$196,603,981	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$212,362,436	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$100,769	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$284,739	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$6,630,717	CYTotalFundraisingExpenseAmt
PY Other Expenses	$151,781,840	PYOtherExpensesAmt
CY Other Expenses	$167,300,710	CYOtherExpensesAmt
PY Total Expenses	$476,905,827	PYTotalExpensesAmt
CY Total Expenses	$509,502,464	CYTotalExpensesAmt
PY Revenues Less Expenses	$28,978,247	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$27,167,331	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,006,999,231	TotalAssetsBOYAmt
Total Assets EOY	$1,056,523,320	TotalAssetsEOYAmt
Total Liabilities BOY	$428,021,172	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$420,497,769	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$578,978,059	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$636,025,551	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$356,961,436	ExpenseAmt
Grant	$129,554,579	GrantAmt
Revenue	$387,660,414	RevenueAmt
Desc	EDUCATIONAL INSTRUCTION: IN THE ACADEMIC YEAR 2023-2024, STEVENS' ENROLLMENT WAS 4,092 UNDERGRADUATE STUDENTS AND 4,750 GRADUATE STUDENTS. 871 STUDENTS GRADUATED WITH BACHELOR OF ENGINEERING, SCIENCE, BUSINESS OR ARTS DEGREES, 2,300 STUDENTS RECEIVED MASTER'S IN ENGINEERING, SCIENCE OR BUSINESS ADMINISTRATION. 72 PHD DEGREES WERE ALSO CONFERRED. IN ADDITION, STEVENS COLLABORATED WITH NUMEROUS DOMESTIC AND INTERNATIONAL UNIVERSITIES AND OTHER EDUCATIONAL PROGRAMS TO PROVIDE COURSES AND TRAINING TO INTERNATIONAL STUDENTS. STEVENS EMPHASIZES INNOVATION AND TEACHES ENTREPRENEURSHIP THROUGHOUT ITS CURRICULUM WITH THE AIM OF ENABLING THE INTEGRATION OF TECHNOLOGICAL AND MARKET KNOWLEDGE.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$58,552,958	ExpenseAmt
Revenue	$65,481,110	RevenueAmt
Desc	RESEARCH: THE U.S. DEPARTMENT OF DEFENSE SUPPORTS STEVENS LEADERSHIP OF THE SYSTEMS ENGINEERING RESEARCH CENTER (SERC), A UNIVERSITY AFFILIATED RESEARCH CENTER (UARC). THE NATIONAL SCIENCE FOUNDATION SUPPORTS THE CENTER FOR RESEARCH FOR ADVANCING FINANCIAL TECHNOLOGIES, AN INDUSTRY-UNIVERSITY COOPERATIVE RESEARCH CENTER (IUCRC). STEVENS IS RECOGNIZED BY THE DEPARTMENT OF HOMELAND SECURITY AS A NATIONAL CENTER OF EXCELLENCE IN INFORMATION ASSURANCE AS IT SUPPORTS THE ACTIVITIES OF THE CENTER FOR THE ADVANCEMENT OF SECURE SYSTEMS AND INFORMATION ASSURANCE (CASSIA).	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$49,525,219	ExpenseAmt
Revenue	$39,945,578	RevenueAmt
Desc	STUDENT LIFE: THE UNIVERSITY MAINTAINS A 55 ACRE CAMPUS IN HOBOKEN, NEW JERSEY AND PROVIDES STUDENTS WITH ON AND OFF CAMPUS HOUSING AS WELL AS SEVERAL DINING FACILITIES. CLOSE INTERACTIONS BETWEEN PROFESSORS AND STUDENTS ALLOW FOR GREATER ACADEMIC AND SOCIAL DEVELOPMENT. THERE ARE OVER 153 CLUBS, ORGANIZATIONS AND VARSITY SPORTS THAT OFFER THE STUDENTS AMPLE OPPORTUNITY TO PARTICIPATE, BROADEN AND ENRICH THEIR STUDENT LIFE. THERE ARE ALSO 22 FRATERNITIES AND SORORITIES ON CAMPUS. THE S.C. WILLIAMS LIBRARY SERVES AS THE UNIVERSITY'S INTELLECTUAL, CULTURAL AND SOCIAL CENTER, CAPITALIZING ON A RESOURCEFUL STAFF AND NEW TECHNOLOGIES TO FOSTER A STIMULATING ENVIRONMENT FOR TEACHING, LEARNING AND SCIENTIFIC DISCOVERY.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$465,039,613	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (1)	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	0	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	7529	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	4396	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	Yes (1)	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	34	GoverningBodyVotingMembersCnt
Independent Voting Member	28	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	PA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LOUIS MAYER EDD	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2012168761	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5 MARINE VIEW PLAZA SUITE 501	AddressLine1Txt
City	HOBOKEN	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07030	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (64 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
NARIMAN FARVARDIN
PRESIDENT/TRUSTEE	55.00	0.00	Yes (X)	Yes (X)	$1,221,028	$0	$33,526
DIBYENDU DIBS SARKAR
TRUSTEE/PROFESSOR AS OF 5/21/24	55.00	0.00	Yes (X)		$243,388	$0	$51,994
R ELAINE HENRY
TRUSTEE/PROFESSOR	55.00	0.00	Yes (X)		$211,068	$0	$31,611
MO MANSOURI
TRUSTEE/ASSOC PROF TO 5/21/2024	55.00	0.00	Yes (X)		$177,437	$0	$43,629
CHRISTOPHER J FRANK
TRUSTEE/ADJUNCT AS OF 12/1/23	1.00	0.00	Yes (X)		$6,000	$0	$34
MEHRAB H SYED
TRUSTEE	1.00	0.00	Yes (X)		$3,015	$0	$0
JARED W DONNELLY
TRUSTEE AS OF 5/21/24	1.00	0.00	Yes (X)		$867	$0	$0
STEPHEN T BOSWELL
CHAIRMAN/TRUSTEE	3.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
SALEEL V AWSARE
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
LAWRENCE T BABBIO JR
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
MARISSA BROCK
TRUSTEE AS OF 5/21/24	1.00	0.00	Yes (X)		$0	$0	$0
DEVON E BROOKS
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
CHARLES J BUSCARINO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
MARY ANNE CANNON
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
KAREN S CAROLONZA
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
PAM P CHENG
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
THOMAS A CORCORAN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
PHILIP P CROWLEY
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOHN R DEARBORN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOSEPH DEL GUERCIO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
WILLIAM W DESTLER
TRUSTEE TO 12/1/23	1.00	0.00	Yes (X)		$0	$0	$0
JOSEPH G DIPOMPEO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
MANUEL S ESCOBEDO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
HERMES O GONZALEZ-BELLO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOHN SEAN J HANLON IV
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOELLE M HINDS
TRUSTEE TO 5/21/24	1.00	0.00	Yes (X)		$0	$0	$0
EMILY R KOVELESKY
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
A MICHAEL LIPPER
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
LISA M MASCOLO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
THOMAS J NATHANSON
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
SAMUEL P RECKFORD
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
VIRGINIA P RUESTERHOLZ
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOHN A SCHEPISI
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
CHARLES H SHOTMEYER
TRUSTEE AS OF 12/1/23	1.00	0.00	Yes (X)		$0	$0	$0
LOUIS A STEINBERG
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
J SCOTT SWENSEN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
HAILEY TANNER
TRUSTEE TO 5/21/24	1.00	0.00	Yes (X)		$0	$0	$0
PAUL VON AUTENRIED
TRUSTEE AS OF 12/1/23	1.00	0.00	Yes (X)		$0	$0	$0
LOUIS J MAYER
VP OF FINANCE/ TREASURER, CFO	55.00	0.00		Yes (X)	$476,700	$0	$55,711
KATHY L SCHULZ
VP & GENERAL COUNSEL/SECRETARY	55.00	0.00		Yes (X)	$482,512	$0	$43,283
JOSEPH E CASSIDY
AVP FINANCE/ASSIST TREAS	55.00	0.00		Yes (X)	$277,784	$0	$25,300
TONIANN BIONDOLILLO
ASST SEC/EXEC ASST	55.00	0.00		Yes (X)	$103,694	$0	$19,979
JIANMIN QU
PROVOST & SVP FOR ACADEMIC AFFAIRS	55.00	0.00			$562,536	$0	$55,711	Yes (X)
GREGORY PRASTACOS
DEAN	55.00	0.00			$511,191	$0	$62,760	Yes (X)
EDMUND SYNAKOWSKI
VICE PROVOST	55.00	0.00			$438,835	$0	$55,711	Yes (X)
CONSTANTIN CHASSAPIS
SR. VICE PROVOST	55.00	0.00			$427,745	$0	$55,711	Yes (X)
JEAN ZU
DEAN	55.00	0.00			$432,665	$0	$43,283	Yes (X)
LAURA ROSE
VP FOR DEV/ALUM	55.00	0.00			$400,184	$0	$55,381	Yes (X)
ELISABETH MCGRATH
VP FOR UNIV RELATIONS	55.00	0.00			$417,356	$0	$31,141	Yes (X)
TEJASH PATEL
CIO, VP INFORMATION TECHNOLOGY	55.00	0.00			$377,681	$0	$26,926	Yes (X)
ROBERT MAFFIA
VP FOR FACILITIES/OPERATIONS	55.00	0.00			$340,447	$0	$62,760	Yes (X)
SHERAINE GILLIAM
CHRO, VP FOR HUMAN RESOURCES	55.00	0.00			$360,648	$0	$35,883	Yes (X)
ANTHONY BARRESE
INTERIM DEAN	55.00	0.00			$321,070	$0	$54,912	Yes (X)
CINDY CHIN
VICE PRESIDENT FOR ENROLLMENT MGMT	55.00	0.00			$308,490	$0	$20,812	Yes (X)
SARA KLEIN
VICE PRESIDENT FOR STUDENT AFFAIRS	55.00	0.00			$280,351	$0	$38,634	Yes (X)
DINESH VERMA
PROFESSOR/ EXEC DIR OF SERC	55.00	0.00			$400,709	$0	$59,495		Yes (X)
DAVID ZENG
VICE PROVOST	55.00	0.00			$403,700	$0	$52,411		Yes (X)
GEORGE KORFIATIS
PROFESSOR	55.00	0.00			$385,629	$0	$55,746		Yes (X)
MUHAMMAD HAJJ
DEPARTMENT CHAIR	55.00	0.00			$356,857	$0	$55,746		Yes (X)
CHRISTOS CHRISTODOULATOS
PROFESSOR	55.00	0.00			$338,963	$0	$55,746		Yes (X)
CHRISTOPHE PIERRE
FORMER KEY	55.00	0.00			$372,983	$0	$55,746			Yes (X)
DILHAN KALYON
FORMER KEY	55.00	0.00			$259,579	$0	$46,845			Yes (X)
DAWN DA SILVA
FORMER AVP	55.00	0.00			$205,556	$0	$18,540			Yes (X)
MICHAEL PARENTE
FORMER VP - IT	55.00	0.00			$196,831	$0	$16,699			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$11,303,499	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,321,666	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	468	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (1)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
COMPASS GROUP USA 417632
2400 YORKMONT RD	CHARLOTTE	NC	28217	DINING SEVICES PROVIDER	$13,444,693
TISHMAN CONSTRUCTION
30 KNIGHTSBRIDGE ROAD BLDG 5 2ND F	PISCATAWAY	NJ	08854	BUILDING CONTRACTOR	$11,219,674
NOODLE PARTNERS INC
860 BROADWAY	NEW YORK	NY	10003	ON-LINE COURSE PROVIDER	$7,030,787
UG2 LLC
116 HUNTINGTON AVENUE 12TH FLOOR	BOSTON	MA	02116	CLEANING SERVICES	$4,956,844
SHI INTERNATIONAL CORP
290 DAVIDSON AVE	SOMERSET	NJ	08873	IT PRODUCT/SERVICE PROVIDER	$2,885,077

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	185	CntrctRcvdGreaterThan100KCnt
Fundraising	$60,138	FundraisingAmt
Government Grants	$3,241,637	GovernmentGrantsAmt
All Other Contributions	$19,745,560	AllOtherContributionsAmt
Noncash Contributions	$3,081,057	NoncashContributionsAmt
Total Contributions	$23,047,335	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES	611600	$378,864,292	$378,864,292
RESEARCH REVENUE	541610	$64,439,209	$64,439,209
STUDENT HOUSING	611710	$25,391,066	$25,391,066
STUDENT DINING	611710	$13,088,583	$13,088,583
TECHNICAL LEADERSHIP	611600	$351,702	$351,702

Field	Value	IRS element (for citing)
Total Program Service Revenue	$482,134,852	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,321,501	TotalRevenueColumnAmt
Unrelated Business Revenue	$52,497	UnrelatedBusinessRevenueAmt
Exclusion	$13,269,004	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$56,151	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$56,151	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$56,151	TotalRevenueColumnAmt
Exclusion	$56,151	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$101,290,583	SecuritiesAmt
Other	$4,599,297	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$96,741,355	SecuritiesAmt
Other	$4,549,228	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$4,549,228	SecuritiesAmt
Other	$50,069	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,599,297	TotalRevenueColumnAmt
Exclusion	$4,599,297	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$60,252	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$60,138	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$80,102	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$19,850	TotalRevenueColumnAmt
Exclusion	-$19,850	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STUDENT HEALTH INS	900099	$7,156,720	$7,156,720
COMMISION ON DINING	900099	$895,513	$895,513
STUDENT CLUBS, SPORTS	900099	$512,118	$512,118

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,966,158	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,387,899	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$139,514	UnrelatedBusinessRevenueAmt
Exclusion	$2,438,745	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$13,530,509	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$536,669,795	TotalRevenueColumnAmt
Related Or Exempt Func Income	$493,087,102	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$192,011	UnrelatedBusinessRevenueAmt
Exclusion	$20,343,347	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$129,554,579	TotalAmt
Program Services	$129,554,579	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$8,712,333	TotalAmt
Program Services	$3,479,697	ProgramServicesAmt
Management And General	$4,816,073	ManagementAndGeneralAmt
Fundraising	$416,563	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$164,012,355	TotalAmt
Program Services	$148,349,575	ProgramServicesAmt
Management And General	$12,032,344	ManagementAndGeneralAmt
Fundraising	$3,630,436	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$9,083,800	TotalAmt
Program Services	$7,984,884	ProgramServicesAmt
Management And General	$886,079	ManagementAndGeneralAmt
Fundraising	$212,837	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$20,732,016	TotalAmt
Program Services	$18,223,955	ProgramServicesAmt
Management And General	$2,022,303	ManagementAndGeneralAmt
Fundraising	$485,758	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$9,821,932	TotalAmt
Program Services	$8,633,721	ProgramServicesAmt
Management And General	$958,080	ManagementAndGeneralAmt
Fundraising	$230,131	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,457,627	TotalAmt
Program Services	$990,500	ProgramServicesAmt
Management And General	$457,257	ManagementAndGeneralAmt
Fundraising	$9,870	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$657,267	TotalAmt
Management And General	$657,267	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$252,933	TotalAmt
Management And General	$252,933	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$284,739	TotalAmt
Fundraising	$284,739	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$2,273,057	TotalAmt
Program Services	$2,273,057	ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$38,183,929	TotalAmt
Program Services	$30,941,819	ProgramServicesAmt
Management And General	$6,780,879	ManagementAndGeneralAmt
Fundraising	$461,231	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$8,658,298	TotalAmt
Program Services	$7,748,653	ProgramServicesAmt
Management And General	$908,334	ManagementAndGeneralAmt
Fundraising	$1,311	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,883,727	TotalAmt
Program Services	$1,867,139	ProgramServicesAmt
Management And General	$768,822	ManagementAndGeneralAmt
Fundraising	$247,766	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$9,845,916	TotalAmt
Program Services	$8,881,673	ProgramServicesAmt
Management And General	$918,184	ManagementAndGeneralAmt
Fundraising	$46,059	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,397,427	TotalAmt
Program Services	$2,796,272	ProgramServicesAmt
Management And General	$580,610	ManagementAndGeneralAmt
Fundraising	$20,545	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$5,547,563	TotalAmt
Program Services	$5,291,272	ProgramServicesAmt
Management And General	$190,777	ManagementAndGeneralAmt
Fundraising	$65,514	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,190,339	TotalAmt
Program Services	$918,511	ProgramServicesAmt
Management And General	$263,113	ManagementAndGeneralAmt
Fundraising	$8,715	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$12,150,943	TotalAmt
Program Services	$11,747,287	ProgramServicesAmt
Management And General	$403,656	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$25,903,242	TotalAmt
Program Services	$25,042,732	ProgramServicesAmt
Management And General	$860,510	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,494,206	TotalAmt
Program Services	$5,391	ProgramServicesAmt
Management And General	$2,488,800	ManagementAndGeneralAmt
Fundraising	$15	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
RESEARCH CONTRACTS	$22,801,107	$22,800,770	$337
REPAIRS & MAINTENANCE	$10,403,398	$10,387,452	$0	$15,946
MATERIALS AND SUPPLIES	$5,135,957	$4,952,878	$111,218	$71,861
HOSPITALITY	$4,918,592	$4,215,061	$331,920	$371,611

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,145,182	TotalAmt
Program Services	$7,952,735	ProgramServicesAmt
Management And General	$1,142,638	ManagementAndGeneralAmt
Fundraising	$49,809	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$509,502,464	TotalAmt
Program Services	$465,039,613	ProgramServicesAmt
Management And General	$37,832,134	ManagementAndGeneralAmt
Fundraising	$6,630,717	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$10,811,697	BOYAmt
EOY	$962,871	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$71,042,205	BOYAmt
EOY	$60,074,297	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$8,558,206	BOYAmt
EOY	$8,735,074	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$20,058,773	BOYAmt
EOY	$23,373,599	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$19,289,754	BOYAmt
EOY	$18,785,689	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$817,996,767	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$254,739,061	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$545,427,414	BOYAmt
EOY	$563,257,706	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$230,657,255	BOYAmt
EOY	$263,334,628	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$90,392,024	BOYAmt
EOY	$103,946,117	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$10,761,903	BOYAmt
EOY	$14,053,339	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,006,999,231	BOYAmt
EOY	$1,056,523,320	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$37,529,084	BOYAmt
EOY	$35,508,819	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$21,870,362	BOYAmt
EOY	$24,505,510	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$355,320,257	BOYAmt
EOY	$348,551,266	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$13,301,469	BOYAmt
EOY	$11,932,174	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$428,021,172	BOYAmt
EOY	$420,497,769	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$290,088,664	BOYAmt
EOY	$308,433,521	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$288,889,395	BOYAmt
EOY	$327,592,030	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$578,978,059	BOYAmt
EOY	$636,025,551	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,006,999,231	BOYAmt
EOY	$1,056,523,320	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$27,167,331	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$29,818,591	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$61,570	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$12,278,858	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$22,451,805	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$26,324,307	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$16,833,337	CurrentTaxYearMinus1YearAmt
Current Tax Year	$23,047,335	CurrentTaxYearAmt
Total	$100,935,642	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$12,278,858	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$22,451,805	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$26,324,307	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$16,833,337	CurrentTaxYearMinus1YearAmt
Current Tax Year	$23,047,335	CurrentTaxYearAmt
Total	$100,935,642	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$9,768,188	SubstantialContributorsTotAmt
Public Support Total170	$91,167,454	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$7,626,495	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$4,171,209	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,693,089	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$9,052,392	CurrentTaxYearMinus1YearAmt
Current Tax Year	$13,325,155	CurrentTaxYearAmt
Total	$41,868,340	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$484,773	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,248,239	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,587,250	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,103,703	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,498,997	CurrentTaxYearAmt
Total	$6,922,962	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$149,726,944	TotalSupportAmt
Gross Receipts Rltd Activities	$2,086,227,183	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.60890	PublicSupportCY170Pct
Public Support PY170	0.53960	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	GROSS INCOME FROM FUNDRAISING - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 37,870. 2022 AMOUNT: $ 173,436. 2023 AMOUNT: $ 60,252. OTHER INCOME - 2019 AMOUNT: $ 484,773. 2020 AMOUNT: $ 1,248,239. 2021 AMOUNT: $ 1,549,380. 2022 AMOUNT: $ 930,267. 2023 AMOUNT: $ 2,438,745.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	0	VolunteersInd
Paid Staff Or Management	Yes (1)	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (1)	DirectContactLegislatorsInd
Direct Contact Legislators	$320,979	DirectContactLegislatorsAmt
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	0	OtherActivitiesInd
Total Lobbying Expenditures	$320,979	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B, LINE 1:	FormAndLineReferenceDesc
Explanation	THE STEVENS INSTITUTE OF TECHNOLOGY HIRED OUTSIDE CONSULTANTS TO UNDERTAKE LOBBYING ACTIVITIES RELATED TO EDUCATIONAL AND OTHER MISSION-RELATED INITIATIVES ON ITS BEHALF. STAFF PARTICIPATES IN ACTIVITIES SUCH AS MEETING WITH NEW JERSEY AND HOBOKEN ELECTED AND APPOINTED OFFICIALS TO PROMOTE STEVENS AND ITS PRIORITY PROGRAMS AND INITIATIVES SUCH AS CAPITAL PROJECTS, RESEARCH, ECONOMIC AND CORPORATE ENGAGEMENT, AND VARIOUS SPECIAL INITIATIVES/NEEDS. THEY MONITOR AND PROVIDE FEEDBACK ON LEGISLATION AND POLICIES OF INTEREST TO STEVENS' OPERATIONS. IN ADDITION, THEY PROVIDE OVERSIGHT TO OUTSIDE CONSULTANTS AND ARE DIRECTLY ENGAGED IN ACTIVITIES RELATED TO STEVENS' FEDERAL RESEARCH INITIATIVES. GREGORY TOWNSEND, SENIOR DIRECTOR OF CORPORATE, GOVERNMENT, AND COMMUNITY RELATIONS, IS REGISTERED AS A LOBBYIST IN THE STATE OF NEW JERSEY. HE SPENDS APPROXIMATELY 35% OF HIS TIME ON NEW JERSEY-FOCUSED HIGHER EDUCATION AND TECHNOLOGY ISSUES.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd
Incl Escrow Custodial Acct Liab	0	InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$318,946,815	BeginningYearBalanceAmt
Contributions	$24,070,012	ContributionsAmt
Investment Earnings Or Losses	$41,134,515	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,989,902	GrantsOrScholarshipsAmt
Other Expenditures	$5,563,815	OtherExpendituresAmt
End Year Balance	$374,597,625	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$269,273,622	BeginningYearBalanceAmt
Contributions	$31,464,181	ContributionsAmt
Investment Earnings Or Losses	$27,381,853	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,714,751	GrantsOrScholarshipsAmt
Other Expenditures	$5,458,090	OtherExpendituresAmt
End Year Balance	$318,946,815	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$272,887,000	BeginningYearBalanceAmt
Contributions	$14,472,347	ContributionsAmt
Investment Earnings Or Losses	-$9,906,243	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,502,583	GrantsOrScholarshipsAmt
Other Expenditures	$4,676,899	OtherExpendituresAmt
End Year Balance	$269,273,622	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$225,010,000	BeginningYearBalanceAmt
Contributions	$5,006,650	ContributionsAmt
Investment Earnings Or Losses	$50,225,185	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,272,013	GrantsOrScholarshipsAmt
Other Expenditures	$4,082,822	OtherExpendituresAmt
End Year Balance	$272,887,000	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$224,304,000	BeginningYearBalanceAmt
Contributions	$2,856,781	ContributionsAmt
Investment Earnings Or Losses	$4,103,638	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,523,056	GrantsOrScholarshipsAmt
Other Expenditures	$3,731,363	OtherExpendituresAmt
End Year Balance	$225,010,000	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.19050	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.80951	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (1)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,691,546	OtherCostOrOtherBasisAmt
Book Value	$1,691,546	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$699,744,993	OtherCostOrOtherBasisAmt
Depreciation	$193,162,799	DepreciationAmt
Book Value	$506,582,194	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$89,828,572	OtherCostOrOtherBasisAmt
Depreciation	$44,775,394	DepreciationAmt
Book Value	$45,053,178	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$26,731,656	OtherCostOrOtherBasisAmt
Depreciation	$16,800,868	DepreciationAmt
Book Value	$9,930,788	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$563,257,706	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
ALTERNATIVE INVESTMENTS	$19,857,242	F
TRUSTS HELD BY OTHERS	$7,471,451	F
SPLIT INTEREST AGREEMENTS	$2,258,534	F
PRIVATE EQUITY	$74,358,890	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$103,946,117	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
CAPITAL LEASE OBLIGATION	$1,215,706
ANNUITIES PAYABLE	$1,473,482
POST-RETIREMENT AND PENSION OBLIGATIONS	$3,821,513
CONDITIONAL ASSET RETIREMENT OBLIGATION	$4,581,202
REFUNDABLE ADVANCES	$840,271

Field	Value	IRS element (for citing)
Total Liability	$11,932,174	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 4:	COLLECTIONS OF ART, HISTORICAL TREASURES AND ARCHIVES STEVENS MAINTAINS A COLLECTION OF VARIOUS WORKS OF ART, HISTORICAL TREASURES, ARCHIVES AND OTHER SIMILAR ASSETS THAT ARE ON PUBLIC DISPLAY IN ITS LIBRARY AND OTHER LOCATIONS ON CAMPUS FOR THE ENRICHMENT AND ENJOYMENT OF VISITORS, FACULTY, STAFF AND STUDENTS.
PART V, LINE 4:	ENDOWMENT FUNDS THE UNIVERSITY'S ENDOWMENT FUND IS INTENDED TO SUPPORT SCHOLARSHIPS FOR UNDERGRADUATE AND GRADUATE STUDENTS AND TO PROVIDE FINANCIAL ASSISTANCE FOR PROGRAMS AND SERVICES CONDUCTED BY THE UNIVERSITY.
PART X, LINE 2:	INCOME TAXES THE UNIVERSITY HAS BEEN CLASSIFIED AS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND, THEREFORE, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE AND SIMILAR STATE OF NEW JERSEY TAX PROVISIONS. FEDERAL LAW IMPOSES TAX ON INCOME THAT IS NOT RELATED TO AN ORGANIZATION'S TAX-EXEMPT PURPOSES OR OTHERWISE EXCLUDED UNDER THE CODE AS WELL AS AN EXCISE TAX ON CERTAIN EXCESS COMPENSATION. THE UNIVERSITY HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS, TO IDENTIFY AND REPORT UNRELATED INCOME, DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS, AND TO REVIEW OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. MANAGEMENT OF THE UNIVERSITY BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	SEE SUPPLEMENTAL PAGE
NONDISCRIMINATION POLICY - PART I, LINE 3	STEVENS INSTITUTE OF TECHNOLOGY'S NONDISCRIMINATION POLICY IS AVAILABLE ON THE ADMISSIONS APPLICATION WEBPAGE FOR PROSPECTIVE STUDENTS AND IN THE STUDENT HANDBOOK WHICH IS AVAILABLE ON THE STEVENS WEBSITE AND AVAILABLE TO ALL STUDENTS AT ORIENTATION AND REGISTRATION. THE UNIVERSITY'S BYLAWS ALSO CONTAIN STEVENS' NONDISCRIMINATION POLICY.
GOVERNMENTAL FUNDING PART I, LINE 6A	STEVENS INSTITUTE OF TECHNOLOGY RECEIVES FUNDING FROM FEDERAL AND STATE GOVERNMENTAL SOURCES INCLUDING, BUT NOT LIMITED TO, PELL, FEDERAL DIRECT LOAN PROGRAMS, FSEOG AND THE NJ TUITION ASSISTANCE GRANT.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (20 entries)

RegionRegionTxt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN	3	PROGRAM SERVICES	CONFERENCES/SPEAKING	$9,326
EAST ASIA AND THE PACIFIC	22	PROGRAM SERVICES	CONFERENCES/SPEAKING	$156,920
EUROPE	52	PROGRAM SERVICES	CONFERENCES/SPEAKING	$221,294
MIDDLE EAST AND NORTH AFRICA	1	PROGRAM SERVICES	CONFERENCES/SPEAKING	$5,381
NORTH AMERICA	16	PROGRAM SERVICES	CONFERENCES/SPEAKING	$36,018
RUSSIA AND NEIGHBORING STATES	1	PROGRAM SERVICES	CONFERENCES/SPEAKING	$1,480
SOUTH AMERICA	2	PROGRAM SERVICES	CONFERENCES/SPEAKING	$8,293
SOUTH ASIA	3	PROGRAM SERVICES	CONFERENCES/SPEAKING	$8,116
EUROPE	1	PROGRAM SERVICES	FIELD RESEARCH	$601
NORTH AMERICA	1	PROGRAM SERVICES	FIELD RESEARCH	$2,845
CENTRAL AMERICA AND THE CARIBBEAN	1	PROGRAM SERVICES	RECRUITING - STUDENTS	$2,076
EAST ASIA AND THE PACIFIC	8	PROGRAM SERVICES	RECRUITING - STUDENTS	$168,759
EUROPE	4	PROGRAM SERVICES	RECRUITING - STUDENTS	$22,614
MIDDLE EAST AND NORTH AFRICA	1	PROGRAM SERVICES	RECRUITING - STUDENTS	$11,510
SOUTH AMERICA	1	PROGRAM SERVICES	RECRUITING - STUDENTS	$9,418
SOUTH ASIA	4	PROGRAM SERVICES	RECRUITING - STUDENTS	$92,615
EUROPE	2	PROGRAM SERVICES	ATHLETIC TRAVEL	$6,883
NORTH AMERICA	3	PROGRAM SERVICES	ATHLETIC TRAVEL	$13,035
CENTRAL AMERICA & CARIBBEAN	0	INVESTMENTS		$42,894,467
EUROPE	0	INVESTMENTS		$39,933,597

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	100	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	26	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	126	TotalEmployeeCnt
Subtotal Spent	$446,828	SubtotalSpentAmt
Continuation Spent	$83,158,420	ContinuationSpentAmt
Total Spent	$83,605,248	TotalSpentAmt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	Yes (1)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, LINE 3:

THE EXPENDITURES REPORTED IN PART I ARE ON THE ACCRUAL METHOD.

SCHEDULE F, PART IV

STEVENS INSTITUTE OF TECHNOLOGY INVESTS IN DOMESTIC AND FOREIGN LIMITED PARTNERSHIPS THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY OR FOREIGN PARTNERSHIP. TO THE EXTENT THAT THOSE INVESTMENTS RESULTED IN TRANSFERS OF PROPERTY THAT EXCEEDED THE APPLICABLE FILING THRESHOLDS, THE FORMS 926, 5471, 8621 AND 8865 ACCOMPANIED THE FILING OF THE UNIVERSITY'S FORM 990-T.

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
COPPER REEF ENTERPRISES
6965 EL CAMINO REAL STE 105-488	CARLSBAD	CA	92009	FUNDRAISING PROGRAM	0	$0	$12,814	-$12,814
PENTERA INC
8650 COMMERCE PARK PLACE SUITE G	INDIANAPOLIS	IN	46268	DIG & DIRCT MAIL MKT.	0	$0	$36,675	-$36,675
BENTZ WHALEY FLESSNER AND ASSOCIATES
7900 XERXES AVE S SUITE 980	MINNEAPOLIS	MN	55431	FUNDRAISING PROGRAM ASSESSMENT	0	$0	$77,316	-$77,316
CI PARTNERS DIRECT INC
1601 EASTMAN AVE UNIT 202	VENTURA	CA	93003	FUNDRAISING CONSULTANT	0	$0	$157,934	-$157,934

Field	Value	IRS element (for citing)
Total Retained By Contractors	$284,739	TotalRetainedByContractorsAmt
Total Net To Organization	-$284,739	TotalNetToOrganizationAmt
Licensed States	AL	LicensedStatesCd
Licensed States	AK	LicensedStatesCd
Licensed States	AR	LicensedStatesCd
Licensed States	CA	LicensedStatesCd
Licensed States	CO	LicensedStatesCd
Licensed States	CT	LicensedStatesCd
Licensed States	DC	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	GA	LicensedStatesCd
Licensed States	HI	LicensedStatesCd
Licensed States	IL	LicensedStatesCd
Licensed States	KS	LicensedStatesCd
Licensed States	KY	LicensedStatesCd
Licensed States	ME	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	MA	LicensedStatesCd
Licensed States	MI	LicensedStatesCd
Licensed States	MN	LicensedStatesCd
Licensed States	MS	LicensedStatesCd
Licensed States	MO	LicensedStatesCd
Licensed States	NV	LicensedStatesCd
Licensed States	NH	LicensedStatesCd
Licensed States	NJ	LicensedStatesCd
Licensed States	NM	LicensedStatesCd
Licensed States	NY	LicensedStatesCd
Licensed States	NC	LicensedStatesCd
Licensed States	ND	LicensedStatesCd
Licensed States	OH	LicensedStatesCd
Licensed States	OK	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	PA	LicensedStatesCd
Licensed States	RI	LicensedStatesCd
Licensed States	SC	LicensedStatesCd
Licensed States	TN	LicensedStatesCd
Licensed States	VA	LicensedStatesCd
Licensed States	WV	LicensedStatesCd
Licensed States	WI	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	ATHLETICS GOLF OUTING	Event1Nm
Gross Receipts Event1	$91,375	GrossReceiptsEvent1Amt
Charitable Contri Event1	$47,765	CharitableContriEvent1Amt
Gross Revenue Event1	$43,610	GrossRevenueEvent1Amt
Non Cash Prizes Event1	$170	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$41,652	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$4,464	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$13,480	OtherDirectExpensesEvent1Amt
Event2	WRESTLING GOLF OUTING	Event2Nm
Gross Receipts Event2	$29,015	GrossReceiptsEvent2Amt
Charitable Contri Event2	$12,373	CharitableContriEvent2Amt
Gross Revenue Event2	$16,642	GrossRevenueEvent2Amt
Rent Facility Costs Event2	$9,653	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$8,436	FoodAndBeverageEvent2Amt
Other Direct Expenses Event2	$2,247	OtherDirectExpensesEvent2Amt
Gross Receipts Total	$120,390	GrossReceiptsTotalAmt
Charitable Contributions Tot	$60,138	CharitableContributionsTotAmt
Gross Revenue Total Events	$60,252	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$170	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$51,305	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$12,900	FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events	$15,727	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$80,102	DirectExpenseSummaryEventsAmt
Net Income Summary	-$19,850	NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE G, PART I, LINE 2B, COLUMN (V)	FormAndLineReferenceDesc
Explanation	SCHEDULE G, PART 1, LINE 2A FUNDRAISING ACTIVITIES THE UNIVERSITY UTILIZED OUTSIDE VENDORS FOR DIGITAL AND DIRECT MARKETING SERVICES. IN ADDITION TO THE PROFESSIONAL SERVICE EXPENSES SHOWN IN PART I, THE UNIVERSITY PAID $30,766 FOR POSTAGE EXPENSES.	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt
SCHOLARSHIPS AND GRANTS	5520	$125,129,146	$0
STIPENDS	178	$3,550,186	$0
PRIZES/AWARDS	612	$875,247	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	GRANTS AND OTHER ASSISTANCE IN U.S. SCHOLARSHIPS AND GRANTS ARE AWARDED AS FINANCIAL ASSISTANCE TO STUDENTS ATTENDING STEVENS INSTITUTE OF TECHNOLOGY. DISTRIBUTION AND APPLICATION OF FINANCIAL ASSISTANCE ARE BASED ON THE SPECIFIC CRITERIA OF EACH SCHOLARSHIP AND GRANT AND ARE ADMINISTERED CONSISTENT WITH FEDERAL, STATE, AND INSTITUTIONAL STUDENT AID POLICIES. SITUATIONS SUCH AS CHANGES IN FINANCIAL NEED, CHANGES IN FEDERAL AID ELIGIBILITY, CHANGES IN ENROLLMENT AND RECEIPT OF AID FROM OUTSIDE SOURCES MAY AFFECT A STUDENT'S ELIGIBILITY TO RECEIVE FUNDING. STEVENS' ADMINISTRATION MONITORS THESE SITUATIONS ON AN ON-GOING BASIS AND MAKES ANY APPROPRIATE ADJUSTMENTS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (29 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
NARIMAN FARVARDIN
PRESIDENT/TRUSTEE	$926,352	$0	$266,789	$0	$27,887	$0	$33,000	$0	$526	$0	$1,254,554	$0	$0	$0
JIANMIN QU
PROVOST & SVP FOR ACADEMIC AFFAIRS	$536,012	$0	$25,000	$0	$1,524	$0	$33,000	$0	$22,711	$0	$618,247	$0	$0	$0
GREGORY PRASTACOS
DEAN	$488,719	$0	$20,000	$0	$2,472	$0	$33,000	$0	$29,760	$0	$573,951	$0	$0	$0
LOUIS J MAYER
VP OF FINANCE/ TREASURER, CFO	$461,676	$0	$13,500	$0	$1,524	$0	$33,000	$0	$22,711	$0	$532,411	$0	$0	$0
KATHY L SCHULZ
VP & GENERAL COUNSEL/SECRETARY	$473,720	$0	$8,000	$0	$792	$0	$33,000	$0	$10,283	$0	$525,795	$0	$0	$0
EDMUND SYNAKOWSKI
VICE PROVOST	$388,043	$0	$0	$0	$50,792	$0	$33,000	$0	$22,711	$0	$494,546	$0	$0	$0
CONSTANTIN CHASSAPIS
SR. VICE PROVOST	$415,221	$0	$11,000	$0	$1,524	$0	$33,000	$0	$22,711	$0	$483,456	$0	$0	$0
JEAN ZU
DEAN	$416,873	$0	$15,000	$0	$792	$0	$33,000	$0	$10,283	$0	$475,948	$0	$0	$0
DINESH VERMA
PROFESSOR/ EXEC DIR OF SERC	$396,557	$0	$1,500	$0	$2,652	$0	$29,700	$0	$29,795	$0	$460,204	$0	$0	$0
DAVID ZENG
VICE PROVOST	$396,184	$0	$7,000	$0	$516	$0	$29,700	$0	$22,711	$0	$456,111	$0	$0	$0
LAURA ROSE
VP FOR DEV/ALUM	$391,668	$0	$8,000	$0	$516	$0	$29,700	$0	$25,681	$0	$455,565	$0	$0	$0
ELISABETH MCGRATH
VP FOR UNIV RELATIONS	$403,064	$0	$13,500	$0	$792	$0	$30,615	$0	$526	$0	$448,497	$0	$0	$0
GEORGE KORFIATIS
PROFESSOR	$384,105	$0	$0	$0	$1,524	$0	$33,000	$0	$22,746	$0	$441,375	$0	$0	$0
CHRISTOPHE PIERRE
FORMER KEY	$372,257	$0	$0	$0	$726	$0	$33,000	$0	$22,746	$0	$428,729	$0	$0	$0
MUHAMMAD HAJJ
DEPARTMENT CHAIR	$355,065	$0	$1,000	$0	$792	$0	$33,000	$0	$22,746	$0	$412,603	$0	$0	$0
TEJASH PATEL
CIO, VP INFORMATION TECHNOLOGY	$364,061	$0	$13,500	$0	$120	$0	$26,400	$0	$526	$0	$404,607	$0	$0	$0
ROBERT MAFFIA
VP FOR FACILITIES/OPERATIONS	$317,755	$0	$13,500	$0	$9,192	$0	$33,000	$0	$29,760	$0	$403,207	$0	$0	$0
SHERAINE GILLIAM
CHRO, VP FOR HUMAN RESOURCES	$312,028	$0	$13,500	$0	$35,120	$0	$25,600	$0	$10,283	$0	$396,531	$0	$0	$0
CHRISTOS CHRISTODOULATOS
PROFESSOR	$337,439	$0	$0	$0	$1,524	$0	$33,000	$0	$22,746	$0	$394,709	$0	$0	$0
ANTHONY BARRESE
INTERIM DEAN	$308,848	$0	$9,750	$0	$2,472	$0	$32,201	$0	$22,711	$0	$375,982	$0	$0	$0
CINDY CHIN
VICE PRESIDENT FOR ENROLLMENT MGMT	$294,870	$0	$13,500	$0	$120	$0	$20,286	$0	$526	$0	$329,302	$0	$0	$0
SARA KLEIN
VICE PRESIDENT FOR STUDENT AFFAIRS	$272,171	$0	$8,000	$0	$180	$0	$22,356	$0	$16,278	$0	$318,985	$0	$0	$0
DILHAN KALYON
FORMER KEY	$258,355	$0	$0	$0	$1,224	$0	$23,947	$0	$22,898	$0	$306,424	$0	$0	$0
JOSEPH E CASSIDY
AVP FINANCE/ASSIST TREAS	$275,268	$0	$2,000	$0	$516	$0	$24,774	$0	$526	$0	$303,084	$0	$0	$0
DIBYENDU DIBS SARKAR
TRUSTEE/PROFESSOR AS OF 5/21/24	$242,872	$0	$0	$0	$516	$0	$22,035	$0	$29,959	$0	$295,382	$0	$0	$0
R ELAINE HENRY
TRUSTEE/PROFESSOR	$209,798	$0	$0	$0	$1,270	$0	$20,925	$0	$10,686	$0	$242,679	$0	$0	$0
DAWN DA SILVA
FORMER AVP	$205,280	$0	$0	$0	$276	$0	$18,014	$0	$526	$0	$224,096	$0	$0	$0
MO MANSOURI
TRUSTEE/ASSOC PROF TO 5/21/2024	$176,290	$0	$1,000	$0	$147	$0	$13,389	$0	$30,240	$0	$221,066	$0	$0	$0
MICHAEL PARENTE
FORMER VP - IT	$196,711	$0	$0	$0	$120	$0	$16,173	$0	$526	$0	$213,530	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
COMPENSATION INFORMATION PART I, LINE 1	THE STEVENS INSTITUTE OF TECHNOLOGY GUIDELINES REGARDING SPOUSAL TRAVEL ARE INCLUDED IN THE STEVENS BUSINESS AND TRAVEL EXPENSE POLICY. EXPENSES INCURRED FOR ACCOMPANYING COMPANIONS/SPOUSES ARE CONSIDERED PERSONAL IN NATURE EXCEPT ON OCCASIONS WHEN ATTENDANCE OF A COMPANION/SPOUSE AT AN EVENT SERVES A BONA FIDE BUSINESS PURPOSE FOR THE UNIVERSITY AND THE PRESENCE OF THE COMPANION/SPOUSE IS ESSENTIAL (NOT JUST BENEFICIAL) TO THE EMPLOYEE BEING ABLE TO CARRY OUT THE BUSINESS PURPOSE FOR THE UNIVERSITY; GIVEN THAT ATTENDANCE IS ESSENTIAL, THIS IS NOT TAXABLE TO THE EMPLOYEE. CAMPUS HOUSING IS PROVIDED FOR THE UNIVERSITY PRESIDENT AND IS USED FOR PROGRAM AND DEVELOPMENT PURPOSES. THE PRESIDENT IS CONTRACTUALLY REQUIRED TO LIVE IN CAMPUS HOUSING AND, THEREFORE, IT IS NOT TAXABLE COMPENSATION TO HIM. THE FOLLOWING KEY EMPLOYEE ALSO RECEIVED A HOUSING ALLOWANCE WHICH IS INCLUDED IN THEIR TAXABLE INCOME: - EDMUND SYNAKOWSKI, VICE PROVOST THERE IS ONE INSTANCE IN WHICH A CLUB MEMBERSHIP IS IN THE NAME OF AN INDIVIDUAL DUE TO CLUB IMPOSED MEMBERSHIP RULES. THIS MEMBERSHIP IS SOLELY FOR BUSINESS PURPOSES TO FOSTER RELATIONSHIPS WITHIN THE NEW YORK METROPOLITAN AREA FOR THE UNIVERSITY. PERSONAL SERVICES ARE PROVIDED TO THE PRESIDENT IN THE FORM OF HOUSEKEEPING BY AN EMPLOYEE OF THE PHYSICAL PLANT DEPARTMENT. THE VALUE OF THESE SERVICES IS INCLUDED AS TAXABLE INCOME AND IS DISCLOSED AS PART OF HIS SCHEDULE J PART II, COLUMN B (III), OTHER REPORTABLE COMPENSATION.
INCENTIVE COMPENSATION, PART I, LINE 7	THE STEVENS INCENTIVE COMPENSATION PLAN PROVIDES A MECHANISM TO REWARD FACULTY AND CERTAIN KEY STAFF FOR EXTRAORDINARY PERFORMANCE OVER A PERIOD OF ONE ACADEMIC YEAR WHERE PERMITTED BY LAW. IN CONTRAST TO MERIT-BASED SALARY INCREASES, ANNUAL INCENTIVES DO NOT INCREASE BASE SALARY. INCENTIVE COMPENSATION MAY BE AWARDED UPON A FINDING BY MANAGEMENT THAT AN EMPLOYEE'S WORK HAS BEEN EXTRAORDINARY AND HAS CLEARLY CONTRIBUTED TOWARD THE GOALS AND MISSION OF STEVENS. INCENTIVE COMPENSATION, EVEN IN CASES OF EXTRAORDINARY PERFORMANCE, IS NOT GUARANTEED, AND DECISIONS REGARDING INCENTIVE COMPENSATION WILL BE SUBJECT TO THE BOARD OF TRUSTEES AND OTHERS' DETERMINATIONS AS TO THE FINANCIAL RESULTS OF THE UNIVERSITY AND OTHER FACTORS NOT SPECIFIED IN THE PLAN. INCENTIVE COMPENSATION FOR FACULTY AND STAFF ARE RECOMMENDED BY MANAGERIAL STAFF, ARE APPROVED BY THE PRESIDENT AND ARE WITHIN PARAMETERS ESTABLISHED BY THE BOARD OF TRUSTEES. INCENTIVE COMPENSATION FOR EXECUTIVE LEADERS IS RECOMMENDED BY THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES AND APPROVED BY THE HUMAN RESOURCES COMMITTEE OR FULL BOARD OF TRUSTEES AS PART OF ITS CONSIDERATION OF THE PRESIDENT, THE TOP FIVE HIGHEST COMPENSATED EMPLOYEES, AND OTHER DISQUALIFIED PERSONS LISTED IN SCHEDULE O. EACH YEAR, THE HUMAN RESOURCES COMMITTEE APPROVES THE ANNUAL PERFORMANCE GOALS FOR THE EXECUTIVE LEADERS AND REVIEWS WITH THE PRESIDENT THE PROCESS FOR DETERMINING THEM FOR EACH OTHER GROUP OR SUB-GROUP OF EMPLOYEES.
COMPENSATION INFORMATION, PART II LINE 4	PART II, LINE 4 CONTAINS INFORMATION ABOUT THE COMPENSATION OF THE UNIVERSITY'S PRESIDENT, DR. NARIMAN FARVARDIN, PAID DURING THE YEAR. ALL AMOUNTS WERE PAID PURSUANT TO THE PRESIDENT'S WRITTEN FIVE-YEAR CONTRACT. IN ADDITION TO HIS ANNUAL BASE SALARY OF $926,352, THIS AMOUNT INCLUDES AN ANNUAL INCENTIVE COMPENSATION PAYMENT OF $266,789 ASSOCIATED WITH ACHIEVEMENT OF SEPARATE METRICS FOR THE UNIVERSITY'S FISCAL YEAR ENDED 6/30/2023. ALL INCENTIVE COMPENSATION AMOUNTS WERE BASED UPON DETERMINATIONS BY THE HUMAN RESOURCES COMMITTEE AND THE FULL BOARD OF TRUSTEES THAT OBJECTIVE METRICS RELATING TO THE UNIVERSITY'S STRATEGIC PLAN WERE ACHIEVED BY THE PRESIDENT AND, IN MANY CASES EXCEEDED WITH EXCEPTIONAL PERFORMANCE. IN ADDITION, SUCH AMOUNTS WERE REVIEWED AND EVALUATED FOR MARKET COMPARABILITY BY THE UNIVERSITY'S INDEPENDENT COMPENSATION CONSULTANT.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
NJ EDU FAC AUTH STEVENS ISSUE 2020 SERIES A
A	221829511	6460666L9	2020-03-11	$209,648,096	NEW CONSTRUCTION & RENOVATION	0	0	0
NJ EDU FAC AUTH STEVENS ISSUE 2017 SERIES A
B	221829511	646066M31	2017-04-04	$132,589,361	1998 & 2007 REFUND/CAP. PROJ	0	0	0
NJ EDU FAC AUTH CAPITAL IMP SERIES 2016B
C	221829511	646066F54	2016-12-20	$30,676,062	FINANCING NEW CONSTRUCTION	0	0	Yes (1)
NJ EDU FAC AUTH EQUIPMENT ISSUE SERIES 2023A
D	221829511	646067FW3	2023-10-05	$3,524,149	FINANCING EQUIPMENT	0	0	Yes (1)

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	RetiredRetiredAmt	UnspentUnspentAmt
A	$209,648,096	$1,000,262	$191,592,779	$17,055,055	2022	0	Yes (1)	Yes (1)
B	$132,589,361	$911,558	$76,000,000	$55,677,803	2021	Yes (1)	Yes (1)	Yes (1)	$16,270,000
C	$17,575,574	$141,074	$17,434,500		2018	0	Yes (1)	Yes (1)	$2,046,853
D	$3,524,149	$24,149		$1,607,189		0	0	Yes (1)		$1,892,811

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Any Research AgreementsAnyResearchAgreementsInd	Engage Bond Counsel ResearchEngageBondCounselResearchInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	Yes (1)	Yes (1)	Yes (1)	Yes (1)	Yes (1)
B	Yes (1)	Yes (1)	Yes (1)	Yes (1)	Yes (1)
C	Yes (1)	Yes (1)	0		Yes (1)
D	0		0		Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Rebate Not Due YetRebateNotDueYetInd	No Rebate DueNoRebateDueInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	Yes (1)	0	Yes (1)
B	0	Yes (1)	Yes (1)
C	0	Yes (1)	Yes (1)
D	Yes (1)	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	Yes (1)
D	Yes (1)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE K, PART I, BOND ISSUES	1. NJ EDU FAC AUTH HIGHER EDUCATION EQUIPMENT LEASING FUND SERIES 2023A: THESE BONDS WERE ISSUED PURSUANT TO A LEGISLATIVELY CREATED STATE-BACKED PROGRAM TO FINANCE HIGHER EDUCATION EQUIPMENT FOR NEW JERSEY COLLEGES AND UNIVERSITIES. THE BONDS ARE REPAYABLE IN PART BY STATE APPROPRIATIONS. NJEFA BOND PROCEEDS OF $25,361,951 WERE RECEIVED FROM A SINGLE ISSUANCE WHICH WAS GRANTED IN VARYING AMOUNTS TO COLLEGES LOCATED IN NEW JERSEY. STEVENS RECEIVED A TOTAL OF $3,500,000 WHICH REQUIRES THAT THE UNIVERSITY PAY ONE FOURTH (25%) OF THE DEBT SERVICE OF THE UNDERLYING BONDS. THE $3,500,000 IS TO BE USED FOR THE CONSTRUCTION OF A HIGH-PERFORMANCE COMPUTING CLUSTER. STEVENS PRINCIPAL PORTION IS $828,000 AND IS RECORDED ON THE BOOKS AS LONG TERM DEBT. 2. NJ EDU FAC AUTH STEVENS ISSUE 2020 SERIES A: THESE BONDS WERE ISSUED IN THE PAR AMOUNT OF $174,315,000 TO FINANCE: (A) THE CONSTRUCTION, RENOVATION AND EQUIPPING OF THE NEW STUDENT HOUSING AND UNIVERSITY CENTER; (B) FINANCE CAPITAL PROJECTS FOR CONSTRUCTION, RENOVATION, EXPANSION AND EQUIPPING OF CERTAIN ADDITIONAL UNIVERSITY RESEARCH AND EDUCATION BUILDINGS; AND (C) FUND CAPITALIZED INTEREST FOR THE 2020 SERIES A BONDS. TOTAL PROCEEDS OF THE ISSUANCE WERE $209,648,096 OF WHICH $38,600,000 WERE USED TO REPAY A LINE OF CREDIT USED FOR CAPITAL EXPENDITURES PRIOR TO THE COMPLETION OF THE ISSUANCE. THE UNIVERSITY GRANTED A PLEDGE OF AND LIEN ON TUITION AS SECURITY FOR THIS LOAN. 3. NJ EDU FAC AUTH STEVENS ISSUE 2017 SERIES A: THESE BONDS WERE ISSUED IN THE PAR AMOUNT OF $132,589,361 FOR REFUNDING AND LEGAL DEFEASANCE OF THE 1998 SERIES I AND 2007 SERIES A BONDS AND TO FINANCE: (A) THE CONSTRUCTION, RENOVATION AND EQUIPPING OF THE NEW RESEARCH AND ACADEMIC BUILDINGS COMPRISING THE ACADEMIC GATEWAY COMPLEX; (B) THE CONSTRUCTION, RENOVATION AND EXPANSION OF THE EXISTING BABBIO GARAGE; (C) THE CONSTRUCTION, RENOVATION, EXPANSION AND EQUIPPING OF CERTAIN ADDITIONAL FACILITIES AT THE UNIVERSITY FOR RESEARCH AND EDUCATION; (D) PRECONSTRUCTION COSTS RELATED TO A PROPOSED COMBINED STUDENT RESIDENCE AND UNIVERSITY FACILITY. SCHEDULE K, PART II, LINE 1 AMOUNT OF BONDS RETIRED IS A RESULT OF PRINCIPAL PAYMENTS BY THE UNIVERSITY PURSUANT TO AGREEMENTS WITH THE AUTHORITY. 4. NJ EDU FAC AUTH CAPITAL IMP SERIES 2016B: THESE BONDS WERE ISSUED PURSUANT TO A LEGISLATIVELY CREATED STATE-BACKED PROGRAM TO FINANCE CAPITAL IMPROVEMENTS FOR NEW JERSEY COLLEGES AND UNIVERSITIES. THE BONDS ARE REPAYABLE IN PART BY STATE APPROPRIATIONS. NJEFA BOND PROCEEDS OF $142,715,000 WERE RECEIVED FROM A SINGLE ISSUANCE WHICH WAS GRANTED IN VARYING AMOUNTS TO COLLEGES LOCATED IN NEW JERSEY. STEVENS RECEIVED A TOTAL OF $17,434,500 WHICH REQUIRES THAT THE UNIVERSITY PAY ONE HALF (50%) OF THE DEBT SERVICE OF THE UNDERLYING BONDS. THE $17,434,500 IS TO BE USED TO FINANCE A PORTION OF THE CONSTRUCTION OF THE ACADEMIC GATEWAY COMPLEX. STEVENS PRINCIPAL PORTION IS $8,522,585 AND IS RECORDED ON THE BOOKS AS LONG TERM DEBT, PAYABLE OVER 20 YEARS. SCHEDULE K, PART II, LINE 1 AMOUNT OF BONDS RETIRED IS A RESULT OF PRINCIPAL PAYMENTS BY THE UNIVERSITY PURSUANT TO AGREEMENTS WITH THE AUTHORITY.
PART IV, ARBITRAGE REBATE, LINE 2B	NJ EDU FAC AUTH CAPITAL IMP SERIES 2016B - SINCE THESE BONDS WERE PART OF A STATE BACKED GRANT PROGRAM, ALTHOUGH THE NJEFA RECEIVES ANNUAL ARBITRAGE REPORT ON THE ENTIRE ISSUANCE, THERE IS NOT A REPORT FOR STEVENS' SPECIFICALLY. STEVENS WOULD NOT BE SUBJECT TO ARBITRAGE ON THE ISSUE AS STEVENS' DOES NOT RECEIVE INTEREST INCOME ON THE EARNINGS WHICH GO DIRECTLY TO THE STATE. FOR THE GRANT PROGRAMS, IN THE EVENT OF POSITIVE ARBITRAGE, THE STATE OF NJ (TREASURY) WOULD BE RESPONSIBLE FOR THE PAYMENT.
PART IV, ARBITRAGE REBATE, LINE 2C	AN ARBITRAGE REBATE AND YIELD RESTRICTION ANALYSIS WAS PERFORMED BY BLX FOR NJ EDU FAC AUTH STEVENS ISSUE 2017 SERIES A FOR THE PERIOD FROM APRIL 4, 2017 THROUGH JUNE 30, 2021. BASED UPON THE REPORT NO PAYMENT IS DUE.

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	32	ContributionCnt
Noncash Contributions Rpt F990	$3,081,057	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (1)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE M, LINE 9	FormAndLineReferenceDesc
Explanation	NON-CASH CONTRIBUTIONS TO THE EXTENT THAT THE UNIVERSITY RECEIVES CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES, THE UNIVERSITY'S INVESTMENT BROKERAGE BANK IS TASKED WITH PROMPTLY SELLING THOSE SECURITIES. SCHEDULE M, LINE 32 THE UNIVERSITY USES VARIOUS GALLERIES TO FACILITATE THE SALE OF ART. THE UNIVERSITY IS REPORTING IN PART I, COLUMN B, THE NUMBER OF ITEMS RECEIVED.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, ITEM C, NAME OF ORGANIZATION	THE FULL LEGAL NAME OF THE UNIVERSITY IS THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY. STEVENS INSTITUTE OF TECHNOLOGY IS REGISTERED IN THE STATE OF NEW JERSEY AS A "DOING BUSINESS NAME".
ORGANIZATION'S MISSION	STEVENS INSTITUTE OF TECHNOLOGY WAS FOUNDED IN 1870. THE UNIVERSITY IS A NON-PROFIT RESEARCH UNIVERSITY OFFERING MORE THAN 35 UNDERGRADUATE MAJORS INCLUDING PROGRAMS IN ENGINEERING, THE SCIENCES, COMPUTER SCIENCE, BUSINESS, AND THE HUMANITIES; AND GRADUATE LEVEL COURSES IN A RANGE OF DISCIPLINES LEADING TO THE MASTERS AND PHD DEGREES. ACADEMIC RESEARCH IS CARRIED OUT AT EVERY LEVEL OF THE UNIVERSITY. THE MISSION OF THE UNIVERSITY IS ACCOMPLISHED BY THE ACHIEVEMENT OF THE FOLLOWING CORE GOALS: PROVIDING STUDENTS WITH A BROAD-BASED, MULTIDISCIPLINARY LEARNING EXPERIENCE IN THE SCIENCES, ENGINEERING, BUSINESS AND LIBERAL ARTS WHILE STRESSING THE FUNDAMENTAL CONCEPTS, TECHNIQUES AND ATTITUDES THAT UNDERLIE DIFFERENT BRANCHES OF TECHNOLOGY; PROMOTING THE PERSONAL DEVELOPMENT OF THE STUDENT, DEMONSTRATED BY A SENSE OF ETHICAL RESPONSIBILITY, AWARENESS OF THE SOCIETAL IMPACT OF THEIR PROFESSIONS, DEVELOPMENT OF LEADERSHIP AND TEAM SKILLS, AND A LOVE OF LEARNING; CREATING KNOWLEDGE THROUGH WORLD-CLASS RESEARCH WITH A DISTINCT IMPACT IN FOCUSED AREAS OF NATIONAL IMPORTANCE; NURTURING AN INNOVATIVE ENVIRONMENT WHEREIN STUDENTS, FACULTY AND COLLEAGUES IN INDUSTRY CONTRIBUTE TO THE PROCESS OF CONCEPTION, DESIGN AND MARKETPLACE REALIZATION OF NEW TECHNOLOGIES.
FORM 990, PART VI, SECTION A, LINE 2	BUSINESS RELATIONSHIPS THERE ARE SEVERAL TRUSTEES WHO UTILIZE PROFESSIONAL SERVICES PROVIDED BY OR HAVE OTHER PROFESSIONAL RELATIONSHIPS WITH OTHER TRUSTEES, PRIMARILY IN THE AREAS OF LEGAL AND INVESTMENT SERVICES.
FORM 990, PART VI, SECTION A, LINE 3	GOVERNING BODY AND MANAGEMENT STEVENS' BOARD OF TRUSTEES DELEGATED TO A PROMINENT INVESTMENT BANK THE MANAGEMENT OF STEVENS' ENDOWMENT PURSUANT TO CONTRACTS WHICH ADDRESS THE SCOPE OF THE DELEGATION OF AUTHORITY, MONITORING BY STEVENS' MANAGEMENT AND THE BOARD, AND REPORTING, AMONG OTHER MATTERS. PURSUANT TO THE BY-LAWS OF THE UNIVERSITY AND THE CHARTER OF THE EXECUTIVE COMMITTEE, THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES IN CERTAIN INSTANCES.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 REVIEW THIS FORM 990 WAS PREPARED BY MEMBERS OF THE FINANCE AND LEGAL OFFICES OF THE UNIVERSITY TOGETHER WITH ITS OUTSIDE TAX AND ACCOUNTING FIRM SPECIALIZING IN HIGHER EDUCATION. THIS FORM 990 WAS THEN PRESENTED TO THE AUDIT AND RISK COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. FOLLOWING THIS PROCESS AND ANY MODIFICATIONS RECOMMENDED BY THE AUDIT AND RISK COMMITTEE, THE FORM 990 WAS PRESENTED TO A MEETING OF THE FULL BOARD OF TRUSTEES OF THE UNIVERSITY AND APPROVED IN ACCORDANCE WITH THE BY-LAWS OF THE UNIVERSITY.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST THE UNIVERSITY'S CONFLICT OF INTEREST POLICY REQUIRES ONGOING COMPLIANCE AND SELF-REPORTING OF CONFLICTS. IT ALSO PROVIDES FOR COMPLETION OF AN ANNUAL DISCLOSURE FORM BY ALL TRUSTEES, OFFICERS, CERTAIN STAFF POSITIONS AND FACULTY. EACH DISCLOSURE FORM IS REVIEWED BY THE OFFICE OF AUDIT, RISK AND COMPLIANCE, AND DISCLOSURE FORMS FOR TRUSTEES AND OFFICERS ARE REVIEWED BY THE OFFICE OF GENERAL COUNSEL; ALL CONFLICTS OF INTEREST ARE REPORTED TO THE AUDIT AND RISK COMMITTEE OF THE BOARD AND TO THE BOARD OF TRUSTEES. INFORMATION DISCLOSED IN THE DISCLOSURE FORMS WHICH INDICATES THE PRESENCE OF A CONFLICT IS REVIEWED, DISCUSSED WITH RELEVANT PERSONNEL AND, IF NECESSARY, THE CONFLICT IS ELIMINATED OR MANAGED PURSUANT TO A CONFLICT MANAGEMENT PLAN OR DEVICE, WITH ADVICE FROM THE OFFICE OF AUDIT, RISK AND COMPLIANCE AND THE GENERAL COUNSEL. IN ADDITION, CONFLICTS ARE IDENTIFIED BY THE OFFICERS OF THE UNIVERSITY AND STAFF AT OTHER LEVELS OF THE UNIVERSITY AS THEY ARISE FROM TIME TO TIME AND ARE REFERRED TO THE OFFICE OF AUDIT, RISK AND COMPLIANCE AND/OR THE GENERAL COUNSEL FOR FURTHER ANALYSIS AND RESOLUTION. CERTAIN CONFLICTS RELATING TO RESEARCH ACTIVITIES MAY BE MANAGED BY THE VICE PROVOST FOR RESEARCH AND INNOVATION, WITH ADVICE FROM THE OFFICE OF AUDIT, RISK AND COMPLIANCE AND THE GENERAL COUNSEL.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION THE COMPENSATION OF THE PRESIDENT AND FIVE HIGHEST COMPENSATED EMPLOYEES OF THE UNIVERSITY WAS APPROVED BY AN INDEPENDENT HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES AND THE FULL BOARD OF TRUSTEES, IN EACH CASE ACTING AT MEETINGS DULY HELD. IN ADDITION TO APPROVING THE PRESIDENT'S COMPENSATION FOR CALENDAR YEAR 2023, THE COMPENSATION FOR THE FOLLOWING 5 ADDITIONAL POSITIONS WERE APPROVED: PROVOST AND UNIVERSITY VICE PRESIDENT CHIEF FINANCIAL OFFICER, VICE PRESIDENT FOR FINANCE AND TREASURER DEAN OF ENGINEERING AND SCIENCE VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY DEAN OF SCHOOL OF BUSINESS WITH RESPECT TO THE FOLLOWING ADDITIONAL POSITIONS, THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES, ACTING ON BEHALF OF THE BOARD OF TRUSTEES, APPROVED THE COMPENSATION AT DULY HELD MEETINGS OF THE COMMITTEE. THE BOARD WAS FULLY INFORMED OF THE COMMITTEE'S ACTIONS: VICE PRESIDENT FOR DEVELOPMENT AND ALUMNI ENGAGEMENT VICE PRESIDENT FOR FACILITIES AND CAMPUS OPERATIONS VICE PRESIDENT FOR ENROLLMENT MANAGEMENT VICE PRESIDENT FOR STUDENT AFFAIRS VICE PRESIDENT FOR INFORMATION TECHNOLOGY AND CIO VICE PRESIDENT FOR COMMUNICATIONS AND MARKETING VICE PRESIDENT FOR HUMAN RESOURCES AND CHRO VICE PRESIDENT FOR UNIVERSITY RELATIONS, CHIEF OF STAFF FACULTY TRUSTEE (2) FORMER PROVOST ALL SUCH COMPENSATION WAS DETERMINED BASED UPON RECOMMENDATIONS FROM THE PRESIDENT (EXCEPT WITH RESPECT TO THE PRESIDENT, WHOSE COMPENSATION IS RECOMMENDED BY THE HUMAN RESOURCES COMMITTEE TO THE BOARD OF TRUSTEES FOR APPROVAL, AND THE DEANS AND FACULTY, WHOSE COMPENSATION IS RECOMMENDED BY THE PROVOST). THE UNIVERSITY RETAINS THE SERVICES OF A NATIONALLY PROMINENT COMPENSATION CONSULTING FIRM TO PERFORM A COMPREHENSIVE COMPENSATION ASSESSMENT OF THE SALARIES OF ALL MEMBERS OF THE SENIOR ADMINISTRATION, INCLUDING THE PRESIDENT. THIS STUDY INCLUDES A COMPARISON OF THE UNIVERSITY'S SALARIES WITH A CORE GROUP OF PEER INSTITUTIONS. THE RESULTS OF THE STUDY ARE REVIEWED AND DISCUSSED ANNUALLY WITH THE BOARD'S HUMAN RESOURCES COMMITTEE AND THE BOARD OF TRUSTEES, AS THOSE BODIES APPROVE EXECUTIVE COMPENSATION. THE SECRETARY TO THE BOARD OF TRUSTEES OR THE VICE PRESIDENT OF HUMAN RESOURCES TOOK CONTEMPORANEOUS MINUTES OF EACH MEETING OF THE BOARD AT WHICH THESE COMPENSATION DECISIONS WERE MADE. NEITHER OF THEM TOOK MINUTES WITH RESPECT TO THEIR OWN COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19	DISCLOSURE THE GOVERNING DOCUMENTS OF THE UNIVERSITY TOGETHER WITH CHARTERS FOR EACH COMMITTEE OF THE BOARD OF TRUSTEES, THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS OF THE UNIVERSITY ARE ALL MADE AVAILABLE ON THE UNIVERSITY'S WEBSITE (WWW.STEVENS.EDU). IN ADDITION, A VARIETY OF OTHER DOCUMENTS AND MATERIALS REGARDING THE UNIVERSITY AND ITS OPERATIONS AS WELL AS THE OTHER POLICIES OF THE UNIVERSITY, ARE ALSO AVAILABLE ON THE WEBSITE. FORM 990, PART X - INVESTMENTS - PUBLICLY TRADED SECURITIES: EQUITY 242,726,425 FIXED INCOME 20,608,203 TOTAL 263,334,628
FORM 990, PART XI, LINE 9:	UNCOLLECTIBLE CONTRIBUTIONS -829,310. PRB - OTHER THAN NET PERIODIC BEN COSTS -240,394. GAIN/(LOSS) IN VALUE ON SPLIT INTEREST AGREEMENTS 1,137,907. GAIN/(LOSS) IN VALUE OF ANNUITIES AND GIFTS -6,633.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd	Direct Controlling NADirectControllingNACd
CASTLE POINT HOLDINGS INC
ONE CASTLE POINT ON HUDSON	HOBOKEN	NJ	07030	204264786	HOLDING COMPANY - SEE PART VII	NJ	STEVENS INSTITUTE OF TECHNOLOGY	C	-$20,640	$416,742	1.00000	Yes (1)
CHARITABLE REMAINDER TRUST (1)
					TRUST	CA		T				Yes (1)	N/A
CHARITABLE REMAINDER UNITRUST (3)
					TRUST	RI		T				Yes (1)	N/A

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (1)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE R, PART IV, COLUMN (C)	FormAndLineReferenceDesc
Explanation	CASTLE POINT HOLDINGS, INC., LISTED ON SCHEDULE R, PART IV, IS A HOLDING COMPANY WITH A MINORITY INTEREST IN INACTIVE SUBSIDIARIES. SCHEDULE R, PART IV, COLUMN (C) THE CHARITABLE REMAINDER TRUST/UNITRUSTS LISTED ON PART IV, LINE 2 HAVE THE FOLLOWING LEGAL DOMICILES: CA RI NC OH	ExplanationTxt