ROBERTS WESLEYAN UNIVERSITY: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ROBERTS WESLEYAN UNIVERSITY (EIN 16-0743126)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-14
- IRS object ID
- 202501349349302895
- 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 D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-14T09:01:14+00:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 440160260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Forvis Mazars LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 E Wayne Street Suite 600 | AddressLine1Txt |
| City | Fort Wayne | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46802 | 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 | 160743126 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERTS WESLEYAN UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROBE | BusinessNameControlTxt |
| Phone | 5855946000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2301 WESTSIDE DRIVE | AddressLine1Txt |
| City | ROCHESTER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14624 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RUPERT A HAYLES JR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5855946000 | PhoneNum |
| Signature | 2025-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lauren Denton | PreparerPersonNm |
| PTIN | P01571860 | PTIN |
| Phone | 2604604000 | PhoneNum |
| Preparation | 2025-05-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUPERT A HAYLES JR | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2301 WESTSIDE DRIVE | AddressLine1Txt |
| City | ROCHESTER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14624 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $70,164,868 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ROBERTS.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1866 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | A COMMUNITY OF LEARNERS COMMITTED TO HISTORIC CHRISTIANITY, RWU SEEKS TO PREPARE THOUGHTFUL, SPIRITUALLY MATURE, SERVICE-ORIENTED PEOPLE WHO WILL TRANSFORM SOCIETY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 1107 | TotalEmployeeCnt |
| Total Volunteers | 45 | TotalVolunteersCnt |
| Total Gross UBI | $17,419 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $13,651 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,546,554 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,640,427 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $47,614,972 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $49,562,932 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,317,302 | PYInvestmentIncomeAmt |
| CY Investment Income | $949,275 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,275,761 | PYOtherRevenueAmt |
| CY Other Revenue | $1,384,421 | CYOtherRevenueAmt |
| PY Total Revenue | $54,754,589 | PYTotalRevenueAmt |
| CY Total Revenue | $54,537,055 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $18,319,118 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $20,584,193 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $23,407,974 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $23,166,846 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $225,456 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,095,073 | PYOtherExpensesAmt |
| CY Other Expenses | $17,817,410 | CYOtherExpensesAmt |
| PY Total Expenses | $59,822,165 | PYTotalExpensesAmt |
| CY Total Expenses | $61,568,449 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$5,067,576 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$7,031,394 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $129,173,701 | TotalAssetsBOYAmt |
| Total Assets EOY | $122,422,313 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $30,215,616 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $27,768,592 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $98,958,085 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $94,653,721 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | AS NEW YORK'S LEADING UNIVERSITY FOR CHARACTER EDUCATION, RWU IS A COMMUNITY OF LEARNERS COMMITTED TO HISTORIC CHRISTIANITY, WHICH SEEKS TO PREPARE THOUGHTFUL, SPIRITUALLY MATURE, SERVICE-ORIENTED PEOPLE WHO WILL TRANSFORM SOCIETY. | MissionDesc |
| Significant New Program Srvc | Yes (true) | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $55,784,809 | ExpenseAmt |
| Grant | $20,584,193 | GrantAmt |
| Revenue | $50,953,628 | RevenueAmt |
| Desc | ROBERTS IS AN INNOVATIVE AND DISTINCTIVE CHRISTIAN UNIVERSITY OFFERING EXCELLENCE IN 90 PLUS LIBERAL ARTS AND PROFESSIONAL PROGRAMS. THE UNIVERSITY PREPARES STUDENTS FOR SERVICE TO HUMANITY IN BUSINESS, THE ARTS AND A VARIETY OF HUMAN SERVICE FIELDS. DURING THE 23-24 FISCAL YEAR, OVER 1,700 STUDENTS WERE ENROLLED. | Desc |
| Total Program Service Expenses | $55,784,809 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 127 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1107 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | LU | ForeignCountryCd |
| Foreign Country | CJ | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEVEN MORSE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5855946000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2301 WESTSIDE DRIVE | AddressLine1Txt |
| City | ROCHESTER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14624 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (42 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 | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Deborah Schmidt | |||||||||
| VICE CHAIR | 2.0 | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Janet Balajthy | |||||||||
| SECRETARY | 2.0 | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Kevin Mannoia | |||||||||
| VICE CHAIR | 2.0 | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Terry Taber | |||||||||
| CHAIR | 2.0 | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Barbara Rose | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Caryl Wenzke LEFT 0823 | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Chad Goodchild | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| David Rinker LEFT 0524 | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Deborah White | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Duncan O'Dwyer LEFT 1023 | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Dwight Kip Palmer | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Emerson Fullwood | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Eric Logan | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Guy Adams | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Herbert Alexander | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Holly Hillberg | |||||||||
| TRUSTEE | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| John Jennings | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Justin Niebel START 1023 | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Linda Adams LEFT 0524 | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Mauricio Riveros LEFT 0923 | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Pam Braman | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Paul Lysander | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Ramona Graham | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Tim Harner | |||||||||
| TRUSTEE | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Wayne McCown | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Wesley Jr Skinner | |||||||||
| Trustee | 2.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Alexander H Jones LEFT 0624 | |||||||||
| VP for Institutional Advancement | 40.0 | 2.0 | Yes (X) | $126,374 | $0 | $25,498 | |||
| Benjamin Espinoza LEFT 0823 | |||||||||
| VP Northeastern Seminary | 40.0 | 2.0 | Yes (X) | $61,065 | $0 | $18,646 | |||
| David W Basinger | |||||||||
| Chief Academic Officer | 40.0 | 0 | Yes (X) | $143,424 | $0 | $13,594 | |||
| Ken Motsenbocker START 0324 | |||||||||
| Chief Financial Officer (Interim) | 35.0 | 7.0 | Yes (X) | $0 | $0 | $0 | |||
| Kimberley A Wiedefeld | |||||||||
| VP for Enrollment Management | 40.0 | 0 | Yes (X) | $114,842 | $0 | $31,526 | |||
| Kristen M Brown LEFT 0324 | |||||||||
| VP for Student Experience | 40.0 | 2.0 | Yes (X) | $121,589 | $0 | $12,149 | |||
| Laurie J Leo LEFT 0324 | |||||||||
| Chief Financial Officer | 40.0 | 7.0 | Yes (X) | $156,938 | $0 | $3,923 | |||
| Rupert A Hayles Jr START 0723 | |||||||||
| President | 40.0 | 4.0 | Yes (X) | $145,236 | $0 | $16,028 | |||
| Simao Da Silva START 1223 | |||||||||
| VP of Operations & Bus Dev | 40.0 | 0 | Yes (X) | $6,731 | $0 | $0 | |||
| Stephen Bovee | |||||||||
| Chief Strategy Officer | 40.0 | 0 | Yes (X) | $102,834 | $0 | $32,953 | |||
| Cheryl L Repass | |||||||||
| Professor | 40.0 | 0 | $121,785 | $0 | $25,262 | Yes (X) | |||
| Diana D Abbott | |||||||||
| Professor | 40.0 | 0 | $109,174 | $0 | $2,176 | Yes (X) | |||
| Jennifer A Aube | |||||||||
| Professor | 40.0 | 0 | $121,687 | $0 | $34,625 | Yes (X) | |||
| Kathleen B Stoklosa | |||||||||
| Professor | 40.0 | 0 | $122,200 | $0 | $1,725 | Yes (X) | |||
| Rachel Adams Goertel | |||||||||
| Professor | 40.0 | 0 | $118,746 | $0 | $20,903 | Yes (X) | |||
| Deana L Porterfield | |||||||||
| Former President | 0.0 | 0.0 | $114,700 | $0 | $40,580 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,687,325 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $279,588 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| HOME LEASING CONSTRUCTION LLC | ||||||
| 75 S CLINTON AVE SUITE 700 | ROCHESTER | NY | 14604 | Construction | $1,284,303 | |
| ENCOURA LLC | ||||||
| 75 REMITTANCE DR | CHICAGO | IL | 606751020 | Enrollment Management | $186,890 | DEPT 1020 |
| HARTER SECREST & EMERY LLP | ||||||
| 1600 BAUSCH LOMB PLACE | ROCHESTER | NY | 146042711 | Legal | $159,248 | |
| FORVIS MAZARS LLP | ||||||
| PO BOX 200870 | DALLAS | TX | 753200870 | AUDIT/TAX | $103,900 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $31,263 | FundraisingAmt |
| Government Grants | $141,585 | GovernmentGrantsAmt |
| All Other Contributions | $2,467,579 | AllOtherContributionsAmt |
| Total Contributions | $2,640,427 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $43,711,877 | $43,711,877 |
| SALES & SERVICES OF AUXILIARY ENTERPRISE | 611310 | $5,092,926 | $5,092,926 |
| OTHER PROGRAM REVENUE | 611310 | $758,129 | $758,129 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $49,562,932 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $501,479 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $17,419 | UnrelatedBusinessRevenueAmt |
| Exclusion | $484,060 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,067,215 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,619,419 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $447,796 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $447,796 | TotalRevenueColumnAmt |
| Exclusion | $447,796 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $2,119 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $31,263 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $8,394 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,275 | TotalRevenueColumnAmt |
| Exclusion | -$6,275 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| REIMBURSEMENTS | 611710 | $787,670 | $787,670 |
| OTHER REVENUE | 611710 | $603,026 | $603,026 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,390,696 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,537,055 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $50,953,628 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $17,419 | UnrelatedBusinessRevenueAmt |
| Exclusion | $925,581 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,584,193 | TotalAmt |
| Program Services | $20,584,193 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $477,404 | TotalAmt |
| Program Services | $415,077 | ProgramServicesAmt |
| Management And General | $55,362 | ManagementAndGeneralAmt |
| Fundraising | $6,965 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,673,342 | TotalAmt |
| Program Services | $18,544,412 | ProgramServicesAmt |
| Management And General | $1,977,856 | ManagementAndGeneralAmt |
| Fundraising | $151,074 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,000 | TotalAmt |
| Program Services | $20,617 | ProgramServicesAmt |
| Management And General | $2,211 | ManagementAndGeneralAmt |
| Fundraising | $172 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,993,100 | TotalAmt |
| Program Services | $1,786,611 | ProgramServicesAmt |
| Management And General | $191,596 | ManagementAndGeneralAmt |
| Fundraising | $14,893 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $192,982 | TotalAmt |
| Management And General | $192,982 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,645 | TotalAmt |
| Management And General | $90,645 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,034 | TotalAmt |
| Management And General | $131,034 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,417,499 | TotalAmt |
| Program Services | $2,167,040 | ProgramServicesAmt |
| Management And General | $250,459 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $812,335 | TotalAmt |
| Management And General | $812,335 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $799,442 | TotalAmt |
| Program Services | $716,619 | ProgramServicesAmt |
| Management And General | $76,850 | ManagementAndGeneralAmt |
| Fundraising | $5,973 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $401,255 | TotalAmt |
| Management And General | $401,255 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,208,966 | TotalAmt |
| Program Services | $1,980,113 | ProgramServicesAmt |
| Management And General | $212,348 | ManagementAndGeneralAmt |
| Fundraising | $16,505 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $746,026 | TotalAmt |
| Program Services | $668,737 | ProgramServicesAmt |
| Management And General | $71,715 | ManagementAndGeneralAmt |
| Fundraising | $5,574 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,987 | TotalAmt |
| Program Services | $65,918 | ProgramServicesAmt |
| Management And General | $7,069 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $887,853 | TotalAmt |
| Program Services | $801,861 | ProgramServicesAmt |
| Management And General | $85,992 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,251,968 | TotalAmt |
| Program Services | $2,915,058 | ProgramServicesAmt |
| Management And General | $312,610 | ManagementAndGeneralAmt |
| Fundraising | $24,300 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $685,865 | TotalAmt |
| Management And General | $685,865 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| EQUIPMENT AND EVENTS | $2,884,885 | $2,884,885 |
| ALL OTHER EXPENSES | $2,031,792 | $2,031,792 |
| ALLOWANCE FOR BAD DEBTS | $110,732 | $110,732 |
| ACADEMIC SUPPLIES, BOOKS, ETC | $91,144 | $91,144 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,568,449 | TotalAmt |
| Program Services | $55,784,809 | ProgramServicesAmt |
| Management And General | $5,558,184 | ManagementAndGeneralAmt |
| Fundraising | $225,456 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,394 | BOYAmt |
| EOY | $9,344 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,650,095 | BOYAmt |
| EOY | $6,178,233 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,952,496 | BOYAmt |
| EOY | $2,763,235 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,168,104 | BOYAmt |
| EOY | $3,777,218 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $388,582 | BOYAmt |
| EOY | $408,153 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,927 | BOYAmt |
| EOY | $28,927 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $303,941 | BOYAmt |
| EOY | $467,495 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $148,819,001 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $79,139,308 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,459,130 | BOYAmt |
| EOY | $69,679,693 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,682,829 | BOYAmt |
| EOY | $29,613,140 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,779,631 | BOYAmt |
| EOY | $8,731,810 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,750,572 | BOYAmt |
| EOY | $765,065 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,173,701 | BOYAmt |
| EOY | $122,422,313 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,164,350 | BOYAmt |
| EOY | $2,611,915 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,853,958 | BOYAmt |
| EOY | $1,933,433 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,574,736 | BOYAmt |
| EOY | $13,670,587 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $7,011,758 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,622,572 | BOYAmt |
| EOY | $2,540,899 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,215,616 | BOYAmt |
| EOY | $27,768,592 | 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 | $68,050,298 | BOYAmt |
| EOY | $61,876,103 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,907,787 | BOYAmt |
| EOY | $32,777,618 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,958,085 | BOYAmt |
| EOY | $94,653,721 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,173,701 | BOYAmt |
| EOY | $122,422,313 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$7,031,394 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,138,722 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $588,308 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
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 D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $33,941,628 | BeginningYearBalanceAmt |
| Contributions | $6,105,637 | ContributionsAmt |
| Investment Earnings Or Losses | $3,524,932 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,081,898 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,132 | OtherExpendituresAmt |
| End Year Balance | $40,482,167 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,847,246 | BeginningYearBalanceAmt |
| Contributions | $506,640 | ContributionsAmt |
| Investment Earnings Or Losses | $2,343,351 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,746,776 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,833 | OtherExpendituresAmt |
| End Year Balance | $33,941,628 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $35,202,803 | BeginningYearBalanceAmt |
| Contributions | $1,808,525 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,867,349 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $744,559 | GrantsOrScholarshipsAmt |
| Other Expenditures | $552,174 | OtherExpendituresAmt |
| End Year Balance | $32,847,246 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,915,629 | BeginningYearBalanceAmt |
| Contributions | $959,612 | ContributionsAmt |
| Investment Earnings Or Losses | $7,059,503 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,236,062 | GrantsOrScholarshipsAmt |
| Other Expenditures | $495,879 | OtherExpendituresAmt |
| End Year Balance | $35,202,803 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,933,763 | BeginningYearBalanceAmt |
| Contributions | $1,691,570 | ContributionsAmt |
| Investment Earnings Or Losses | $790,501 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,167,256 | GrantsOrScholarshipsAmt |
| Other Expenditures | $332,949 | OtherExpendituresAmt |
| End Year Balance | $28,915,629 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.2923 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.7077 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,062,189 | OtherCostOrOtherBasisAmt |
| Book Value | $2,062,189 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $111,217,115 | OtherCostOrOtherBasisAmt |
| Depreciation | $50,716,681 | DepreciationAmt |
| Book Value | $60,500,434 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $110,302 | OtherCostOrOtherBasisAmt |
| Depreciation | $86,928 | DepreciationAmt |
| Book Value | $23,374 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $27,190,579 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,922,526 | DepreciationAmt |
| Book Value | $4,268,053 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,238,816 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,413,173 | DepreciationAmt |
| Book Value | $2,825,643 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $69,679,693 | TotalBookValueLandBuildingsAmt |
Financial Derivatives FinancialDerivativesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $7,990,580 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CASH SURRENDER VALUE LIFE INS. | Desc |
| Book Value | $741,230 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $8,731,810 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| PRESENT VALUE OF ANNUITIES PAY | $1,373,033 |
| ASSET RETIREMENT OBLIGATION | $532,886 |
| REFUNDABLE GRANT | $634,980 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,540,899 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $36,099,978 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,138,722 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $8,394 | OtherRevenueAmt |
| Revenue Not Reported | $2,147,116 | RevenueNotReportedAmt |
| Revenue Subtotal | $33,952,862 | RevenueSubtotalAmt |
| Other Revenues Not Included | $20,584,193 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $20,584,193 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $54,537,055 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $40,992,650 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $8,394 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $8,394 | ExpensesNotReportedAmt |
| Expenses Subtotal | $40,984,256 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $20,584,193 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $20,584,193 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $61,568,449 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part X, Line 2 ASC 740 FOOTNOTE | MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | Endowment funds are held to finance projects and scholarships in order to meet the goals of this Christian institution in higher education. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | SPECIAL EVENTS - 8394 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | STUDENT FINANCIAL AID - 20584193 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | SPECIAL EVENTS - 8394 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | STUDENT FINANCIAL AID - 20584193 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | ROBERTS WESLEYAN UNIVERSITY COMPLIES WITH ALL APPLICABLE NON-DISCRIMINATORY LAWS AND IS COMMITTED TO OUR ENHANCEMENT OF HUMAN DIGNITY AND WORKPLACE DIVERSITY. THIS IS ADVERTISED IN EMPLOYMENT RELATED ADS AND ON OUR WEBSITE AT WWW.ROBERTS.EDU. |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | ROBERTS WESLEYAN RECEIVES GRANTS FROM BOTH FEDERAL AND NEW YORK STATE GOVERNMENTS. THIS INCLUDES AID ADMINISTERED THROUGH THE PERKINS LOAN AND PELL GRANT PROGRAMS, SEOG, AND COLLEGE WORK-STUDY (FEDERAL) AND BUNDY AID, TAP, AND NURSING GRANTS RECEIVED THROUGH NEW YORK STATE. THE UNIVERSITY PARTICIPATES IN THE FEDERAL DIRECT LOAN PROGRAM, WHICH PROVIDES LOANS TO ELIGIBLE STUDENTS SUBJECT TO FEDERAL LIMITATIONS AND CREDIT HISTORY OF THE INDIVIDUAL STUDENT. THESE AMOUNTS ARE USED IN DIRECT AND INDIRECT SUPPORT OF STUDENTS, TO HELP OFFSET, IN PART, THE COSTS OF TUITION, BOOKS AND OTHER COSTS OF ATTENDANCE. ADDITIONALLY, THE UNIVERSITY MAY RECEIVE CAPITAL GRANTS FROM BOTH FEDERAL AND STATE AGENCIES WHICH ARE USED TO HELP UPGRADE FACILITIES. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | PASSIVE INVESTMENTS | $7,384,659 |
| Europe (Including Iceland and Greenland) | 0 | 0 | PASSIVE INVESTMENTS | $390,508 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $7,775,167 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $7,775,167 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | FormAndLineReferenceDesc |
| Explanation | CENTRAL AMERICA AND THE CARIBBEA; EUROPE (INCLUDING ICELAND AND GREENLAND | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Golf Tournament | Event1Nm |
| Gross Receipts Event1 | $33,382 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $31,263 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $2,119 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $4,300 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $2,260 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $1,834 | OtherDirectExpensesEvent1Amt |
| Gross Revenue Event2 | $0 | GrossRevenueEvent2Amt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $33,382 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $31,263 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $2,119 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $4,300 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $2,260 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $1,834 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $8,394 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$6,275 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarship Assistance | GrantTypeTxt |
| Recipient | 1573 | RecipientCnt |
| Cash Grant | $20,584,193 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | OUR FINANCIAL AID OFFICE AWARDS SCHOLARSHIPS TO STUDENTS BASED ON SUBMITTED FAFSA DATA AND ACADEMIC PERFORMANCE. THE FINANCIAL AID OFFICE IS RESPONSIBLE FOR ENSURING COMPLIANCE WITH ALL RELEVANT STATE AND FEDERAL REQUIREMENTS RELATIVE TO GRANT-BASED AID. THIS SCHOLARSHIP ASSISTANCE TO STUDENTS REDUCES THE NET AMOUNT PAYABLE TO THE UNIVERSITY. | 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 |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Deana L Porterfield | ||||||||||||||
| Former President | $114,700 | $0 | $0 | $0 | $0 | $0 | $24,874 | $0 | $15,706 | $0 | $155,280 | $0 | $0 | $0 |
| Laurie J Leo LEFT 0324 | ||||||||||||||
| Chief Financial Officer | $156,938 | $0 | $0 | $0 | $0 | $0 | $3,923 | $0 | $0 | $0 | $160,861 | $0 | $0 | $0 |
| Rupert A Hayles Jr START 0723 | ||||||||||||||
| President | $145,236 | $0 | $0 | $0 | $0 | $0 | $3,351 | $0 | $12,677 | $0 | $161,264 | $0 | $0 | $0 |
| David W Basinger | ||||||||||||||
| Chief Academic Officer | $143,424 | $0 | $0 | $0 | $0 | $0 | $3,404 | $0 | $10,190 | $0 | $157,018 | $0 | $0 | $0 |
| Alexander H Jones LEFT 0624 | ||||||||||||||
| VP for Institutional Advancement | $126,374 | $0 | $0 | $0 | $0 | $0 | $3,295 | $0 | $22,203 | $0 | $151,872 | $0 | $0 | $0 |
| Jennifer A Aube | ||||||||||||||
| Professor | $121,687 | $0 | $0 | $0 | $0 | $0 | $2,319 | $0 | $32,306 | $0 | $156,312 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Travel for companions | THE PRESIDENT OF ROBERTS IS CONSIDERED A KEY REPRESENTATIVE OF THE UNIVERSITY AND THEREFORE TRAVEL COSTS RELATED TO CERTAIN OFFICIAL UNIVERSITY MEETINGS ARE NONTAXABLE TO THE PRESIDENT. |
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | THE UNIVERSITY PRESIDENT RESIDES IN UNIVERSITY PROVIDED HOUSING WHICH ALSO SERVES AS A PLACE FOR MEETINGS WITH UNIVERSITY GUESTS, STUDENTS, DONORS, AND ALUMNI AT VARIOUS TIMES THROUGHOUT THE YEAR. |
| Schedule J, Part I, Line 1a Health or social club dues or initiation fees | THE UNIVERSITY PAYS ANNUAL DUES FOR THE PRESIDENTS DINING CLUB MEMBERSHIP TO PROVIDE A QUALITY, OFF-CAMPUS MEETING VENUE. THE PRESIDENT IS THE ONLY INDIVIDUAL ABLE TO USE, SOLELY FOR UNIVERSITY RELATED PURPOSES. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 510188852 | BondIssuerEIN |
| Bond Issued | 2014-03-14 | BondIssuedDt |
| Issue Price | $26,000,000 | IssuePriceAmt |
| Purpose | SCIENCE AND NURSING BUILDING | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $12,012,129 | RetiredAmt |
| Total Proceeds | $26,000,000 | TotalProceedsAmt |
| Capitalized Interest | $293,818 | CapitalizedInterestAmt |
| Issuance Costs From Proceeds | $520,502 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $19,471,547 | CapitalExpendituresAmt |
| Substantial Completion | 2017 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | false | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | false | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Total Private Business Use | 0.0 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | Yes (true) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 2 New program services | AS OF 6/30/2024, NORTHEASTERN SEMINARY MERGED WITH ROBERTS WESLEYAN UNIVERSITY. NORTHEASTERN SEMINARY AND ROBERTS WESLEYAN UNIVERSITY WERE UNDER COMMON CONTROL PRIOR TO THE MERGER. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE FORM 990 IS REVIEWED IN DETAIL WITH THE MEMBERS OF THE BOARD'S FINANCE AND INVESTMENT COMMITTEE. THE FULL BOARD IS PROVIDED A COPY OF FORM 990 WITHOUT SCHEDULE B FOR REVIEW. AN INDEPENDENT ACCOUNTING FIRM ALSO REVIEWS THE 990 BEFORE SUBMISSION TO THE IRS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | ALL TRUSTEES SHALL DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. NO TRUSTEE SHALL VOTE ON ANY MATTER, UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH THE TRUSTEE HAS A CONFLICT OF INTEREST. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE TRUSTEE HAVING A CONFLICT OF INTEREST ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD OR COMMITTEE TO RESOLVE THE QUESTIONS BY MAJORITY VOTE. A REPORT OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS UNDERTAKEN BY THE FINANCE OFFICE ANNUALLY. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | A periodic compensation review for the President is conducted every two years by the Board's Compensation Committee in collaboration with the Associate Vice President of Human Resources. This review incorporates peer and industry data to ensure the President's compensation remains equitable and competitive. Salary benchmarks are informed by both national and local compensation databases, including sources such as CCCU, CUPA, ATS, and other relevant local market data. The compensation review was last conducted in 2023. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | AN ANNUAL COMPENSATION REVIEW IS PERFORMED BY THE PRESIDENT AND THE ASSOCIATE VICE PRESIDENT OF HUMAN RESOURCES. THIS REVIEW INCLUDES COMPARABILITY DATA FROM THE NATIONAL PAY DATABASES. |
| Form 990, Part VI, Line 19 Required documents available to the public | ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS - 109458; CHANGE IN LOSS ON INTEREST RATE SWAP CONTRACTS - 7136; INCOME FROM AFFILIATES - 292244; CHANGE IN ACCOUNTING ESTIMATE - 179470; |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| NORTHEASTERN SEMINARY | ||||||||||
| 2301 WESTSIDE DRIVE | ROCHESTER | NY | 14624 | 161554414 | EDUCATION | NY | 501(c)(3) | 2 | RWU | Yes (true) |
| HOUSING DEVELOPMENT FOUNDATION INC | ||||||||||
| 2301 WESTSIDE DRIVE | ROCHESTER | NY | 14624 | 161583317 | HOUSING | NY | 501(c)(3) | 10 | NA | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NORTHEASTERN SEMINARY | ||
| L | $72,178 | Allocation |
| NORTHEASTERN SEMINARY | ||
| Q | $1,712,296 | Actual |
| HOUSING DEVELOPMENT FOUNDATION INC | ||
| Q | $484,577 | ALLOCATION |
| HOUSING DEVELOPMENT FOUNDATION INC | ||
| R | $916,070 | RES LIFE COUNT |
| HOUSING DEVELOPMENT FOUNDATION INC | ||
| S | $54,964 | ALLOCATION |