2025-05-12T07:22:26-07:00 2024-06-30 990 2023-07-01 980072997 JOHN CABOT UNIVERSITY JOHN 8664576160 233 Via della Lungara Rome IT 00165 Franco Pavoncello President 8664576160 2025-05-12 1 2023 2025-03-06 01:10:19Z Franco Pavoncello 233 Via della Lungara Rome RM IT 00165 62362573 0 X www.johncabot.edu X 1972 DE Higher Education - Bachelor and Master degrees - accredited by the Middle States Commission on Higher Education; Professional and Continuing Education Programs and Courses 39 39 620 0 0 0 2095787 1936237 51284449 59423650 489486 1002686 0 0 53869722 62362573 9398569 10877721 0 0 17943543 21905777 280248 185645 271304 21809623 22849453 49431983 55818596 4437739 6543977 100244597 103638940 56971238 53505352 43273359 50133588 CO-EDUCATIONAL LIBERAL ARTS & SCIENCES EDUCATION 0 0 47377296 0 59250346 JCU OFFERS BACHELOR AND MASTER DEGREES IN ENGLISH IN ITALY ONLY. JCU PROVIDED ASSISTANCE TO STUDENTS VIA 774 SCHOLARSHIPS. JCU SUPPORTED 17 RESIDENT ASSISTANTS PER SEMESTER DURING THE 2023-2024 SCHOOL YEAR. 102841 0 425990 JCU OFFERS PROFESSIONAL AND CONTINUING EDUCATION PROGRAMS AND COURSES FOR A VARIETY OF INDIVIDUALS, COMPANIES AND THE PUBLIC ADMINISTRATION. 0 0 0 47480137 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 15 0 620 1 0 1 IT 0 0 0 1 1 0 0 0 0 0 0 0 0 X 39 39 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 1 1 1 0 0 DE X STEFANO CURCURUTO CFO 8664576160 233 Via della Lungara Rome RM IT 00165 TOTAL SUMMARY 38 0 X X X 1278621 0 78683 Sal Salibello Chairman, Board of Trustees 2 0 X 0 0 0 Stefano Acunto Institutional Trustee 2 0 X 0 0 0 Rosemary Alito Institutional Trustee 2 0 X 0 0 0 Ali Reza Arabnia Institutional Trustee 2 0 X 0 0 0 Robert Leon Buly Institutional Trustee 2 0 X 0 0 0 Vivian Cardia Institutional Trustee 2 0 X 0 0 0 William A Cavendish Institutional Trustee 2 0 X 0 0 0 James Colucci Institutional Trustee 2 0 X 0 0 0 Frank J Desiderio Vice Chairman, Board of Trustees 2 0 X 0 0 0 John T Dunlap Institutional Trustee 2 0 X 0 0 0 Frank Fekete Institutional Trustee 2 0 X 0 0 0 Kristin Frohring KushlanFinkelstein Institutional Trustee 2 0 X 0 0 0 Paula Frohring Institutional Trustee 2 0 X 0 0 0 Angelo J Genova Institutional Trustee 2 0 X 0 0 0 Lucio Ghia Institutional Trustee 2 0 X 0 0 0 Frank J Guarini Institutional Trustee 2 0 X 0 0 0 Munr Kazmir Institutional Trustee 2 0 X 0 0 0 Alexandria J Maloney Institutional Trustee 2 0 X 0 0 0 William J Martini Institutional Trustee 2 0 X 0 0 0 Carol M Maurer Institutional Trustee 2 0 X 0 0 0 Amalia Mazzolin Institutional Trustee 2 0 X 0 0 0 John Meditz Institutional Trustee 2 0 X 0 0 0 Steve Menzies Institutional Trustee 2 0 X 0 0 0 Alexander Mirabella Institutional Trustee 2 0 X 0 0 0 Joseph A Panepinto Sr Institutional Trustee 2 0 X 0 0 0 Portia Anne Prebys Vice Chairman, Board of Trustees 2 0 X 0 0 0 Robert Robotti Institutional Trustee 2 0 X 0 0 0 Francesco Ruspoli Institutional Trustee 2 0 X 0 0 0 Braden Smith Institutional Trustee 2 0 X 0 0 0 Kem Turner Institutional Trustee 2 0 X 0 0 0 Angelo Vivolo Institutional Trustee 2 0 X 0 0 0 Frederick Vreeland Institutional Trustee 2 0 X 0 0 0 Richard Joseph Wolff Institutional Trustee 2 0 X 0 0 0 Franco Pavoncello President 38 0 X 0 0 0 Mary P Merva Vice President & Dean for Academic Affairs 38 0 X 0 0 0 Jose B Alvarez Vice President for Strategic Initiatives and Operations 38 0 X 0 0 0 Stefano Curcuruto Director of Finance 38 0 X 0 0 0 Stefano Arnone Dean of Academic Affairs 38 0 X 0 0 0 James Gardner Associate Professor 38 0 X 0 0 0 1278621 0 78683 6 0 1 0 ICTSItalia Srl Piazza della liberta 10 Roma IT 00192 Security 995458 Ediltecnico Restauri SRLS Via dei Carraresi 18 Roma IT 00100 Construction 944017 klean Soc Cop Via Siria 24 Roma IT 00179 Cleaning 492610 Jenzabar Inc Boston Boston MA 022845588 Software House 397459 Micor Srl Via Darwin 48 Rome Rome IT 00134 Construction 350623 14 0 0 0 0 0 1936237 113424 1936237 Tuition and Fees 611310 46420182 46420182 0 0 Housing and Meal Plan 611310 11386750 11386750 0 0 Other Services to Students 611310 1616718 1616718 0 0 0 0 0 0 59423650 1002686 0 0 1002686 0 0 0 0 0 0 0 0 0 0 0 0 0 0 62362573 59423650 0 1002686 0 0 0 0 10877721 10877721 0 0 1357303 305958 965686 85659 0 0 0 0 16853921 13483137 3370784 0 58087 46470 11617 0 0 0 0 0 3636466 2909173 727293 0 376254 75251 301003 0 222419 44484 177935 0 223614 67084 156530 0 0 0 0 0 185645 185645 0 0 0 0 0 0 0 0 1007097 906387 100710 0 1573156 786578 786578 0 1052679 947411 105268 0 0 0 0 0 3548015 2838412 709603 0 14900 7450 7450 0 0 0 0 0 675221 540177 135044 0 110582 99524 11058 0 0 0 0 0 2241492 1793194 448298 0 261489 209191 52298 0 Auxiliary Expenses 454825 454825 0 0 Housing and Meal Plan Expenses 8632287 8632287 0 0 Student Services Expenses 1488894 1488894 0 0 Instructional Expenses 878644 878644 0 0 87885 87885 0 0 55818596 47480137 8067155 271304 17222848 22044496 6811635 6757982 0 0 2094901 1661809 0 0 0 0 0 0 0 0 5374188 6322939 39089938 17873389 20178730 21216549 7108173 8219691 0 0 0 0 0 0 41454122 37415474 100244597 103638940 5132248 4884036 0 0 2523222 3450404 0 0 0 0 0 0 3663653 3202559 0 0 45652115 41968353 56971238 53505352 X 36367151 43292216 6906208 6841372 43273359 50133588 100244597 103638940 X 6543977 -271072 0 0 0 587324 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7108173 0 1111518 0 0 0 8219691 6339784 0 768389 0 0 0 7108173 7288851 0 -949067 0 0 0 6339784 6066824 0 1222027 0 0 0 7288851 5591069 0 475755 0 0 0 6066824 0.89 0.11 0 0 0 2172205 0 2172205 11466469 0 2768417 8698052 0 13938250 6133323 7804927 0 6895615 5611054 1284561 0 4617399 3360595 1256804 21216549 Right of Use 37415474 37415474 0 Right Of Use 38147078 Fund For Deferred Compensation (TFR) 3821275 41968353 51535325 0 0 202516 0 202516 51332809 0 11029764 11029764 62362573 44852993 0 0 0 0 0 44852993 0 10965603 10965603 55818596 Schedule D, Part V, Line 4 Fund for scholarships for students Schedule D, Part XI, Line 4b USD 152,043 contribution to partially restricted funds; USD 10,877,721 expenses netted against revenues (scholarships and other reductions) Schedule D, Part XII, Line 4b USD 10,877,721 expenses netted against revenues (scholarships and other reductions); USD 87,882 foreign currency translation loss on operations 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 JCU has published a non-discriminatory policy in the viewbook, catalogue, website and application form. Schedule E, Part I, Line 4 The question is optional on the student application and not always answered. We do not collate the data, neither we have/keep racial records in our accounting/management system for faculty and staff. Schedule E, Part I, Line 6 JCU participates in US Federal Direct Loan programs including Subsidized, Unsubsidized and PLUS loans. JCU participates in Veterans Post 9/11 GIBILL benefits program. 1 Europe (including Iceland and Greenland) 1 607 Program Services Daily operations of the University 55373577 1 607 55373577 Scholarships to Italian students Europe (including Iceland and Greenland) 260 2519125 Credit student account 0 Book Scholarships to US students Europe (including Iceland and Greenland) 281 3027518 Credit student account 0 Book Scholarships to students of other countries Europe (including Iceland and Greenland) 233 2463342 Credit student account 0 Book 0 0 0 0 0 0 Schedule F, Part I, Line 2 JOHN CABOT UNIVERSITY USES A DATABASE SOFTWARE TO MONITOR FINANCIAL AID. POTENTIAL FINANCIAL AID RECIPIENTS COMPLETE APPLICATIONS FOR VARIOUS FORMS OF FINANCIAL ASSISTANCE. THE FINANCIAL AID OFFICE REVIEWS THE APPLICATIONS AND SUPPORTING DOCUMENTS, AND AWARDS AID BASED ON ACADEMIC MERIT AND/OR FINANCIAL NEED. THE FINANCIAL AID OFFICE VERIFIES THAT OTHER REQUIREMENTS ARE MET INCLUDING GPA, CREDIT HOURS, ACADEMIC STANDING AND ENROLLMENT STATUS. FINANCIAL AID RECIPIENTS ARE NOTIFIED OF THE TYPE AND AMOUNT OF THEIR AID AWARD. EACH SEMESTER THE AWARD IS CREDITED TO THE STUDENT ACCOUNT. X X X X X 0 All States X X X 0 0 0 0 0 0 0 0 0 TOTAL SUMMARY 1278621 0 0 0 78683 0 0 0 0 0 1357304 0 0 0 Schedule J, Part II We have not provided details concerning compensation due to Italian privacy law concerns and GDPR. X 2 113424 Selling Price 0 0 0 0 Form 990, Part V, Line 2a The total number of US employees that received a W2 form is 13, the total number of non US employees not reported with the W3 form is 620 as they received the Italian tax form (CU) and therefore do not need to report their earnings in the US. Form 990, Part VI, Section A, Line 8b Minutes are taken. Form 990, Part VI, Section B, Line 11b The policy on COI is not available to the public, but only to employees of the organization, the Board of Trustees and auditors. Form 990, Part VI, Section B, Line 12c The policy on conflict of interest is specified in the employment manual. To avoid a COI the university has a separation of duties and powers and a proper bidding process for purchases exceeding a specific dollar amount. Form 990, Part VI, Section B, Line 15 Details have been included in schedule O. Form 990, Part VI, Section C, Line 19 A copy of the form 990 was not provided to the university's Board of Trustees prior to filing. The Director of Finance reviews it with the President, who signs the return prior to filing. JCU has established a Conflict of Interest policy which has been reviewed and approved by the Board of Trustees. While JCU's Board of Trustees is not currently required to sign an annual statement that they are free from conflicts of interest, as part of their position on the Board they are expected to disclose to the university and the remainder of the Board participation in any activities or circumstances that may present a conflict of interest as soon as they become aware of it. JCU does not make its governing documents, conflict of interest policy or financial statements available to the public. The salary of the President has been decided by a Board Commitee. The salary of the Directors and key employees is decided by the President. The company philosophy is to match the market on average pay, identifying the median. Form 990, Part XI, Line 9 The difference of USD 587,324 in change in net assets is due to the EUR recalculation of the assets at the June 30 2024 exchange rate. Late filing due to late audit