2024-11-12T16:02:34-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2023-07-01 596605703 HODGES UNIVERSITY INC HODG 2399387700 6900 DANIELS PARKWAY 29 PMB 337 FT MYERS FL 33912 LINDA NGUYEN TREASURER 2399387700 2024-11-12 1 1 TINA HENTON P00630282 4078021200 2024-11-10 2023 2024-10-15 13:58:12Z X CHARLENE WENDEL 6900 DANIELS PARKWAY 29 PMB 337 FT MYERS FL 33912 20272618 0 1 X WWW.HODGES.EDU X 1990 FL PREPARES STUDENTS TO LEVERAGE HIGHER LEARNING IN THEIR PERSONAL, PROFESSIONAL AND CIVIC ENDEAVORS X 10 10 217 14 0 0 1367779 38024 12095131 6022654 456100 -3599038 -166010 27143 13753000 2488783 923276 367956 0 0 9174685 6002273 0 0 78875 9152243 7678025 19250204 14048254 -5497204 -11559471 42698284 12825466 18562238 304017 24136046 12521449 X PREPARES STUDENTS TO LEVERAGE HIGHER LEARNING IN THEIR PERSONAL, PROFESSIONAL, AND CIVIC ENDEAVORS. 0 1 10555351 367956 5998854 HODGES UNIVERSITY WILL BE RECOGNIZED FOR EXCELLENCE IN CAREER-FOCUSED INCLUSIVE EDUCATION AND COMMUNITY ENGAGEMENT. HODGES UNIVERSITY, A PRIVATE, NONPROFIT INSTITUTION OF HIGHER LEARNING, IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES TO AWARD ASSOCIATE, BACHELOR'S, AND MASTER'S DEGREES.THE UNIVERSITY OFFERS FLEXIBLE SCHEDULES OF DAY, EVENING AND ONLINE CLASSES, CAREER COUNSELING, AND HANDS-ON SUPPORT FROM A HIGHLY QUALIFIED FACULTY. ALL OF THESE FACTORS CULMINATE TO PRODUCE A LEARNING ENVIRONMENT UNLIKE ANY OTHER INSTITUTION IN THE REGION.CONTINUED ON SCHEDULE ODEGREES:5 MASTER'S DEGREES 15 BACHELOR'S DEGREES 3 ASSOCIATES IN ARTS DEGREE8 ASSOCIATE IN SCIENCE DEGREES3 GRADUATE CERTIFICATE PROGRAMS16 UNDERGRADUATE CERTIFICATE PROGRAMSCONTINUING EDUCATION:ENGLISH AS A SECOND LANGUAGE CERTIFICATE PROGRAMHODGES UNIVERSITY SCHOOLS:FISHER SCHOOL OF TECHNOLOGYJOHNSON SCHOOL OF BUSINESSNICHOLS SCHOOL OF PROFESSIONAL STUDIESSCHOOL OF HEALTH SCIENCESSCHOOL OF GENERAL STUDIES 10555351 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 48 0 1 217 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CHARLENE WENDEL 2395986234 4501 COLONIAL BLVD FORT MYERS FL 33966 JOHN MEYER PRESIDENT UNTIL 7/7/2023 40.00 X 228594 0 9933 CHARLENE WENDEL PRESIDENT FROM 7/7/2023 40.00 X 180377 0 7134 JEFFREY ZIOMEK PROGRAM DIRECTOR - EMS 40.00 X 134158 0 1642 MELISSA MITRO TREASURER UNTIL 10/10/2023 40.00 X 120158 0 8436 DIANA SCHULTZ PROVOST 40.00 X 118500 0 22668 SUSAN ANDERSON PROGRAM DIRECTOR - DENTAL 40.00 X 117995 0 7969 CYNTHIA VACCARINO PROGRAM DIRECTOR - PTA 40.00 X 114682 0 7538 NASHAT ABUALHAIJA PROGRAM DIRECTOR - NURSING 40.00 X 108334 0 23318 ADRIAN KERR VP OF WORKFORCE 40.00 X 102629 0 6957 LINDA NGUYEN TREASURER FROM 10/11/2023 40.00 X 85723 0 16832 CARMEN SALOME CHAIR 1.00 X X 0 0 0 TAMIKA SEATON VICE CHAIR 1.00 X X 0 0 0 REBEKAH BARNEY TRUSTEE 1.00 X 0 0 0 ANGEL CERRITOS TRUSTEE 1.00 X 0 0 0 RANDY HENDERSON TRUSTEE 1.00 X 0 0 0 MICHELE HYLTON-TERRY TRUSTEE 1.00 X 0 0 0 LESLIE H KING III TRUSTEE 1.00 X 0 0 0 SAM LEWIS TRUSTEE 1.00 X 0 0 0 JERRY MCHALE TRUSTEE 1.00 X 0 0 0 TYLER PATAK TRUSTEE 1.00 X 0 0 0 MARILYN SANTIAGO TRUSTEE (THRU 10/23) 1.00 X 0 0 0 1311150 0 112427 9 0 1 0 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 2777469 ATLANTA GA 30384 CAMPUS SECURITY 218740 BOND SCHOENICK & KING PLLC 4001 TAMIAMI TRAIL NORTH SUITE 105 NAPLES FL 34103 LEGAL SERVICES 181485 CLIFTONLARSONALLEN LLP 201 N FRANKLIN STREET 2500 TAMPA FL 33602 ACCOUNTING SERVICES 173980 USSI 4340 EAST-WEST HIGHWAY BETHESDA MD 20814 JANITORIAL SERVICES 130668 THE HILL GROUP INC 2 EAST MAIN STREET CARNEIGIE PA 15106 CONSULTING SERVICES 105794 18 38024 38024 TUITION AND FEES 611600 6022654 6022654 6022654 579524 579524 50600 0 50600 50600 50600 13570245 13570245 4178562 0 -4178562 -4178562 -4178562 11228 35028 -23800 -23800 COPY SERVICES 900099 343 343 343 2488783 5998854 0 -3548095 367956 367956 1020569 938922 61235 20412 4054644 3753472 261098 40074 318453 266060 52393 227495 223550 3945 381112 331068 45877 4167 215255 215255 170465 170465 380912 281151 99761 98585 98585 16985 179 16668 138 1109876 1109876 906695 170031 736664 23952 20292 3660 102 62 40 1211893 1211893 976250 976250 249409 249409 BOND FEES 1441286 1441286 TAXES AND LICENSES 376046 376046 LIBRARY RESOURCES 188154 188154 MATERIALS AND SUPPLIES 180105 170363 8089 1653 132055 116139 7470 8446 14048254 10555351 3414028 78875 322189 1530270 1114189 3475504 476750 43107 974736 60342 1000000 22774161 1000000 13544173 9758104 450225 0 42698284 12825466 1308688 158670 1641926 145347 494249 15117375 0 18562238 304017 X 20081662 8584500 4054384 3936949 24136046 12521449 42698284 12825466 X -11559471 59457 -114583 X X 0 0 1 1 X 3037863 149345 3187208 2923606 114257 3037863 2968254 -44648 2923606 2955963 12291 2968254 2898507 57456 2955963 0.00000 0.00000 1.00000 0 0 1000000 1000000 1000000 X PART V, LINE 4: THE UNIVERSITY HAS DONOR RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS FOR STUDENTS AND SUPPORTING THE OPERATIONS OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE UNIVERSITY IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION AND CONTRIBUTIONS ARE CONSIDERED TAX DEDUCTIBLE. THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE IRC. FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, THE UNIVERSITY HAD NO MATERIAL OBLIGATION FOR UNRELATED BUSINESS INCOME TAX. THE UNIVERSITY FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS, AND AS A RESULT, THE UNIVERSITY EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024 AND 2023. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 HODGES UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, GENDER, GENDER IDENTITY, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, OR DISABILITY IN THE PROVISION OF EDUCATIONAL OPPORTUNITIES OR EMPLOYMENT OPPORTUNITIES AND BENEFITS. ALL MEMBERS OF THE UNIVERSITY COMMUNITY ARE VALUED EQUALLY. HODGES UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF SEX OR DISABILITY IN THE EDUCATION PROGRAMS AND ACTIVITIES THAT IT OPERATES, PURSUANT TO THE REQUIREMENTS OF ALL APPLICABLE FEDERAL AND STATE LEGISLATION AND REGULATIONS INCLUDING, BUT NOT LIMITED TO, TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, SECTION 504 OF THE REHABILITATION ACT OF 1973, AND THE AMERICANS WITH DISABILITIES ACT OF 1990. THIS POLICY EXTENDS TO BOTH EMPLOYMENT BY AND ADMISSION TO HODGES UNIVERSITY. SCHEDULE E, PART I, LINE 6 HODGES UNIVERSITY, INC. PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED THROUGH THESE PROGRAMS ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. SOME PROGRAMS PROVIDE A SMALL ADMINISTRATIVE ALLOWANCE FOR THE INSTITUTION. 1 INSTITUTIONAL AID - SCHOLARSHIPS, TUITION WAVERS & DISCOUNTS 29 367956 0 N/A N/A PART I, LINE 2: HODGES UNIVERSITY PARTICIPATES IN VARIOUS LOCAL SPONSORSHIPS TO ORGANIZATIONS ANNUALLY BASED ON OUR ABILITY AND CURRENT ECONOMIC SITUATION. BECAUSE THE SPONSORSHIPS ARE FOR GENERAL OPERATING SUPPORT, NO MONITORING IS REQUIRED. HODGES UNIVERSITY PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. X X X X X 1 0 0 0 0 0 0 0 0 JOHN MEYER PRESIDENT UNTIL 7/7/2023 223594 0 0 0 5000 0 0 0 9933 0 238527 0 0 0 CHARLENE WENDEL PRESIDENT FROM 7/7/2023 173377 0 0 0 7000 0 0 0 7134 0 187511 0 0 0 PART I, LINE 3 COMMITTEE OF THE BOARD PROPOSES PRESIDENT'S SALARY TO THE FULL BOARD. ONCE APPROVED, A WRITTEN CONTRACT IS DRAFTED. PART I, LINE 4A MELISSA MITRO RECEIVED SEVERANCE PAY AMOUNTING TO $11,849. NASHAT ABUALHAIJA RECEIVED SEVERANCE PAY AMOUNTING TO $10,000. JOHN MEYER RECEIVED SEVERANCE PAY AMOUNTING TO $105,535. EDUCATIONAL MATERIALS 2024-05-07 7600 SEE EXPLANATION IN PART III 596000701 CAPE CORAL TECHNICAL COLLEGE LEE COUNTY SCHOOL DISTRICT 360 SANTA BARBARA BLVD N CAPE CORAL FL 33993 GOVERNMENT AGENCY FURNISHINGS & SUPPLIES 2024-06-12 144185 SEE EXPLANATION IN PART III 591484745 EVANGELICAL CHRISTIAN SCHOOL INC 8237 BEACON BLVD FORT MYERS FL 33907 501(C)(3) EDUCATIONAL MATERIALS 2024-05-06 3500 SEE EXPLANATION IN PART III 591484745 EVANGELICAL CHRISTIAN SCHOOL INC 8237 BEACON BLVD FORT MYERS FL 33907 501(C)(3) FURNISHINGS & SUPPLIES 2024-03-25 2400 SEE EXPLANATION IN PART III 471397252 OUR LADY OF LA VANG VIETNAMESE CATHOLIC MISSION 123 NW 6TH AVE HALLANDALE BEACH FL 33009 501(C)(3) FURNISHINGS & SUPPLIES 2024-03-19 32800 SEE EXPLANATION IN PART III 592139553 WEBBER INTERNATIONAL UNIVERSITY INC BOX 96 BABSON PARK FL 33827 501(C)(3) EDUCATIONAL MATERIALS 2023-12-20 45000 SEE EXPLANATION IN PART III 591211051 FLORIDA SOUTHWESTERN STATE COLLEGE 8099 COLLEGE PKWY FORT MYERS FL 33919 GOVERNMENT AGENCY EDUCATIONAL MATERIALS 2024-03-20 5919 SEE EXPLANATION IN PART III 650753801 FLORDIA GULF COAST UNIVERSITY 10501 FGCU BLVD FORT MYERS FL 33965 GOVERNMENT AGENCY EDUCATIONAL MATERIALS 2024-05-21 1500 SEE EXPLANATION IN PART III 591741273 FAMILY HEALTH CENTERS OF SOUTHWEST FLORIDA INC BOX 1357 FORT MYERS FL 33902 501(C)(3) EDUCATIONAL MATERIALS 2024-03-19 106911 SEE EXPLANATION IN PART III 591741278 HEALTHCARE NETWORK OF SWFL 1454 MADISON AVE W IMMOKALEE FL 34142 501(C)(3) FURNISHINGS & SUPPLIES 2023-11-14 2950 SEE EXPLANATION IN PART III 650047482 BETH SIMCHA INC 12960 PLANTATION RD FORT MYERS FL 33966 501(C)(3) TECHNOLOGY 2023-11-14 1350 SEE EXPLANATION IN PART III 650047482 BETH SIMCHA INC 12960 PLANTATION RD FORT MYERS FL 33966 501(C)(3) FURNISHINGS & SUPPLIES 2024-04-24 4065 SEE EXPLANATION IN PART III 237065187 YOUTH HAVEN 5867 WHITEAKER RD NAPLES FL 34112 501(C)(3) EDUCATIONAL MATERIALS 2024-06-30 205996 SEE EXPLANATION IN PART III VARIOUS BUYERS 6900 DANIELS PARKWAY 29 PMB FORT MYERS FL 33912 VARIOUS INDIVIDUALS FURNISHINGS & SUPPLIES 2024-06-30 36651 SEE EXPLANATION IN PART III VARIOUS BUYERS 6900 DANIELS PARKWAY 29 PMB FORT MYERS FL 33912 VARIOUS INDIVIDUALS TECHNOLOGY 2024-06-30 21720 SEE EXPLANATION IN PART III VARIOUS BUYERS 6900 DANIELS PARKWAY 29 PMB FORT MYERS FL 33912 VARIOUS INDIVIDUALS LAND - BACK LOT 2024-04-24 1500000 SEE EXPLANATION IN PART III 591484745 EVANGELICAL CHRISTIAN SCHOOL INC 8237 BEACON BLVD FORT MYERS FL 33907 501(C)(3) CAMPUS LAND & BUILDINGS 2024-06-30 0 SALE PRICE PER AGREEMENT- SEE PART III UNIVERSITY DEVELOPMENT PARTNERS LLC 5020 REED RD SUITE D COLUMBUS OH 43220 LLC 0 0 0 0 FORM N, PART II EXPLANATION FOR CAMPUS LAND AND BUILDINGS: THE PROPERTY WAS PART OF A LEASE/LEASE-BACK TRANSACTION THAT WAS ENTERED INTO ON 6/29/21. UPON EARLY TERMINATION OF THE LEASE, THE PROPERTY REVERTED TO THE LESSOR. THE COLLEGE MADE AN ENTRY TO REMOVE THE ASSETS AND RELATED LIABILTY FROM THE ACCOUNTING RECORDS RESULTING IN A BOOK LOSS OF $6,187,822. FORM N, PART II METHOD OF DETERMINING FMV OF ASSETS: THE UNIVERSITY COMPLETED RESEARCH USING AVAILABLE DATA FOR SIMILAR ITEMS TO DETERMINE POTENTIAL FMV. OFFERS TO PURCHASE THE LISTED ITEMS WERE SUBJECT TO REVIEW AND APPROVAL AND ALL OFFERS WERE NOT ACCEPTED. THE UNIVERSITY MADE EVERY ATTEMPT TO OBTAIN THE HIGHEST POSSIBLE SALE PRICE FOR ALL DISPOSED ASSETS. FORM 990, PART III, LINE 3 ON AUGUST 25, 2023, HODGES UNIVERSITY ANNOUNCED CLOSURE OF THE UNIVERSITY. SINCE THEN, WE HAVE TRIED TO GRADUATE AS MANY STUDENTS AS POSSIBLE AND MOVED THE STUDENTS THAT WE CANNOT GRADUATE TO OTHER UNIVERSITIES. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR (WHO ALSO CHAIRS THE EXECUTIVE COMMITTEE), THE BOARD VICE CHAIR (WHO IS ALSO THE VICE CHAIR OF THE EXECUTIVE COMMITTEE), AND THE CHAIR OF EACH OF THE FOUR STANDING COMMITTEES. EACH MEMBER SERVES A ONE-YEAR TERM. THIS TERM IS RENEWABLE FOR TWO (2) ADDITIONAL ONE-YEAR TERMS PROVIDED THE TRUSTEE'S TERM AS A BOARD TRUSTEE HAS NOT EXPIRED. THE PRESIDENT OF THE CORPORATION IS ALSO AN EX-OFFICIO MEMBER OF THE EXECUTIVE COMMITTEE. THE CORPORATE SECRETARY SERVES AS COMMITTEE SECRETARY. THE EXECUTIVE COMMITTEE, BETWEEN THE MEETINGS OF THE BOARD OF TRUSTEES, SHALL HAVE ALL THE POWERS VESTED IN THE BOARD OF TRUSTEES BY LAW OR BY THE CORPORATE BYLAWS. ANY ACTION TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE SUBJECT TO REVISION OR ALTERATION BY THE BOARD OF TRUSTEES AT THE MEETING OF THE BOARD OF TRUSTEES AT WHICH ANY SUCH ACTION SHALL BE REPORTED; PROVIDED, HOWEVER, THAT SUCH REVISION OR ALTERATION SHALL NOT AFFECT ANY ACTION TAKEN BY AN OFFICER OR EMPLOYEE OF THE CORPORATION OR BY ANY THIRD PARTY, OR ANY RIGHTS OF THIRD PARTIES WHICH SHALL HAVE VESTED IN RELIANCE UPON ANY ACTION OR DIRECTION OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WILL UNDERTAKE A COMPREHENSIVE REVIEW OF THE FORM 990 AND ITS SCHEDULES IMMEDIATELY UPON ITS COMPLETION, AND WILL ADDRESS ALL OF ITS QUESTIONS AND CONCERNS WITH THE PREPARER. UNIVERSITY POLICY PROVIDES FOR THE PROVISION OF A COPY OF THE COMPLETED RETURN TO ALL MEMBERS OF THE GOVERNING BOARD IN ADVANCE OF FILING. A VOTE OF THE FULL BOARD TO APPROVE OF THE TAX RETURN IS REQUIRED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND CORPORATE OFFICERS ARE REQUIRED TO SUBMIT ANNUAL DISCLOSURE STATEMENTS. THE STATEMENTS ARE REVIEWED BY THE SENIOR MANAGEMENT AND INDEPENDENT AUDITOR TO DETERMINE IF ANY RELATIONSHIPS NEED TO BE DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS OR THE FORM 990. IN THE CASE OF ANY REAL OR PERCEIVED CONFLICT OF INTEREST, INTERESTED PERSONS ARE EXPECTED TO DISCLOSE THE CONFLICT IN ADVANCE. ONCE SUCH A DISCLOSURE HAS BEEN MADE, THE INTERESTED PERSON MUST LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING TRUSTEES OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON MAY MAKE A PRESENTATION AT THE MEETING THAT HAS A CONFLICT OF INTEREST MATTER UNDER CONSIDERATION, BUT AFTER SUCH PRESENTATION, THE INTERESTED PERSON SHALL LEAVE THE MEETING. THE BOARD CHAIR OR CHAIR OF THE COMMITTEE, IF APPROPRIATE, SHALL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST THAT WOULD ALLEVIATE THE CONFLICT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OF TRUSTEES OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION MAY PURSUE THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST IN A MANNER THAT ALLOWS THE CONTINUED PARTICIPATION OF THE INTERESTED PERSON IN THE SUBJECT MATTER AT ISSUE. IF THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST CANNOT REASONABLY BE PURSUED UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OF TRUSTEES OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES OR COMMITTEE MEMBERS WHETHER THE BEST INTERESTS OF THE CORPORATION ARE SERVED BY CONTINUING WITH THE MATTER AT ISSUE DESPITE THE CONFLICT OF INTEREST AND SHALL DIRECT THE COURSE OF ACTION OF THE CORPORATION ACCORDINGLY, EXERCISING REASONABLE PRUDENCE IN MANAGING THE COURSE OF ACTION WITH RESPECT TO THE MATTER AT ISSUE SO AS TO PROTECT, TO THE MAXIMUM EXTENT FEASIBLE, THE INTERESTS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES THE COMPENSATION FOR THE PRESIDENT. THE COMMITTEE CONSIDERS COMPARABILITY DATA AMONG MANY OTHER FACTORS TO DETERMINE THE APPROPRIATE COMPENSATION. THE COMMITTEE'S RECOMMENDATION MUST BE APPROVED BY THE FULL BOARD. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE ACCOUNTS -114,583. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.