2025-05-15T10:56:15-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2023-07-01 210650678 RIDER UNIVERSITY RIDE 6098965000 2083 LAWRENCEVILLE ROAD LAWRENCEVILLE NJ 08648 JAMES P HARTMAN SR VP FINANCE/TREASURER & CFO 6098965000 2025-05-14 1 1 LAURA J KENNEY P00202198 6177170831 2025-05-14 2023 2025-03-06 01:10:19Z GREGORY G DELL'OMO PHD 2083 LAWRENCEVILLE ROAD LAWRENCEVILLE NJ 08648 268459765 0 X WWW.RIDER.EDU X 1865 NJ A NOT-FOR-PROFIT, PRIVATE UNIVERSITY, OFFERING UNDERGRADUATE, GRADUATE, AND DOCTORAL PROGRAMS 27 27 2296 559 1135387 0 12083114 11933074 173662709 173506160 8577480 4016408 1687491 2011060 196010794 191466702 71904025 72013437 0 0 78678010 75791099 0 0 2341352 68371191 65490817 218953226 213295353 -22942432 -21828651 247078205 235745397 161800431 168896483 85277774 66848914 X RIDER UNIVERSITY IS A COMPREHENSIVE, PRIVATE UNIVERSITY OFFERING UNDERGRADUATE AND GRADUATE PROGRAMS IN BUSINESS, EDUCATION, LIBERAL ARTS, SCIENCES, MUSIC, AND FINE AND PERFORMING ARTS.SEE SCHEDULE O FOR RIDER UNIVERSITY'S MISSION, VISION, AND PROMISE. 0 0 120444904 71151679 81021687 INSTRUCTION: RIDER UNIVERSITY IS AN INDEPENDENT, COMPREHENSIVE, TEACHING ORIENTED INSTITUTION OF HIGHER LEARNING. THE UNIVERSITY OFFERS FINANCIAL SUPPORT TO STUDENTS THROUGH ACADEMIC AND ATHLETIC SCHOLARSHIPS, GRANTS AND STUDENT WORKSTUDY PROGRAMS. RIDER UNIVERSITY IS CURRENTLY ORGANIZED INTO THREE COLLEGES - THE COLLEGE OF ARTS AND SCIENCES; THE COLLEGE OF EDUCATION AND HUMAN SERVICES; AND THE NORM BRODSKY COLLEGE OF BUSINESS. SEE SCHEDULE O FOR CONTINUATION OF ACCOMPLISHMENTS FOR INSTRUCTION.THE PRIVATE UNIVERSITY CURRENTLY SERVES 3,080 FULL-TIME EQUIVALENT UNDERGRADUATE STUDENTS AND 608 FULL-TIME EQUIVALENT GRADUATE STUDENTS IN OVER 100 UNDERGRADUATE MAJORS AND MINORS AND OVER 40 GRADUATE DEGREES AND CERTIFICATE PROGRAMS. THERE ARE OVER 200 FULL-TIME FACULTY, WITH 94% HOLDING A DOCTORATE OR THE HIGHEST DEGREE IN THEIR FIELD.RIDER IS REGIONALLY ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION AND ALSO HOLDS SPECIALIZED ACCREDITATION WITH THESE PRESTIGIOUS EDUCATIONAL ORGANIZATIONS:- AACSB INTERNATIONAL (ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS) - RIDER IS AMONG THE SELECT BUSINESS SCHOOLS TO HAVE ATTAINED THIS DISTINCTION AND THE ONLY SCHOOL IN NEW JERSEY TO HOLD THE SPECIALIZED AACSB ACCREDITATION IN ACCOUNTING.- NCATE AND CAEP - ELEMENTARY AND SECONDARY EDUCATION PROGRAMS AND THEIR APPLICABLE GRADUATE PROGRAMS ON BOTH CAMPUSES ARE ACCREDITED BY THE NATIONAL COUNCIL FOR THE ACCREDITATION OF TEACHER EDUCATION AND THE COUNCIL FOR THE ACCREDITATION OF EDUCATOR PREPARATION.- NASM - THE UNDERGRADUATE AND GRADUATE MUSIC PROGRAMS OF WESTMINSTER CHOIR COLLEGE ARE ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC.- CACREP - RIDER'S GRADUATE COUNSELING SERVICES PROGRAM IN THE SCHOOL OF EDUCATION HOLDS NATIONAL ACCREDITATION FROM THE COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATION PROGRAMS.- NASP - THE SCHOOL PSYCHOLOGY PROGRAM IN THE SCHOOL OF EDUCATION IS ACCREDITED BY THE NATIONAL ACCREDITATION OF SCHOOL PSYCHOLOGISTS.- AMERICAN CHEMICAL SOCIETY - RIDER'S CHEMISTRY PROGRAM IS ACCREDITED BY THE AMERICAN CHEMICAL SOCIETY. 26128745 861758 29075088 AUXILIARY ENTERPRISES: PRIMARY ROOM AND BOARD. THE LAWRENCEVILLE CAMPUS HOUSES APPROXIMATELY 1,800 STUDENTS IN THIRTEEN RESIDENCE HALLS AND FOUR SPECIAL INTEREST HOUSES. THE LAWRENCEVILLE CAMPUS OFFERS AN ARRAY OF FOOD OPTIONS FOR FACULTY, STUDENTS, STAFF, AND GUESTS IN THE DINING HALL, CAFES, AND VENDING AREAS. FACILITIES FOR DINING INCLUDE DALY'S DINING HALL, CRANBERRY'S, STARBUCKS, AND SAXBY'S. RIDER UNIVERSITY ALSO OFFERS SPACE FOR RENTALS FOR CAMPS, CONFERENCES, AND BANQUETS. IN ADDITION, WE PROVIDE MUSIC INSTRUCTION FOR THE COMMUNITY. 25361966 0 41907810 STUDENT SERVICES: RIDER UNIVERSITY PROVIDES THESE SERVICES TO THE ENTIRE STUDENT COMMUNITY IN AN EFFORT TO DEVELOP THE INTELLECTUAL AND SOCIAL TALENTS OF ITS STUDENTS. THESE SERVICES INCLUDE: ADMISSIONS, ATHLETICS, GREEK LIFE, CAREER SERVICES, CAMPUS LIFE, COUNSELING CENTER, HEALTH CENTER, FINANCIAL AID, RECREATION PROGRAMS, AND ACADEMIC SUPPORT. 12022101 0 19864345 ACADEMIC SUPPORT: GENERAL SUPPORT TO THE STUDENTS. THESE INCLUDE ACADEMIC INFORMATION TECHNOLOGY, DEAN'S OFFICE, LIBRARIES, THEATER, ART GALLERY, TV STUDIO, AND OTHER SIMILAR ACADEMIC ACTIVITIES. 990116 0 1637230 RESEARCH: RESEARCH PERFORMED BY FACULTY AND STUDENTS 13012217 0 21501575 184947832 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 321 0 2296 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CA CO KY MD MA MI NH NY OH OK OR SC WA X JAMES P HARTMAN 6098965000 2083 LAWRENCEVILLE ROAD LAWRENCEVILLE NJ 086483099 GREGORY G DELL'OMO PHD PRESIDENT 50.00 0.00 X 513344 0 83145 KEVIN A BAGGETT BASKETBALL COACH 50.00 0.00 X 351158 0 37475 JAMES P HARTMAN SR VP FINANCE/TREASURER & CFO 50.00 0.00 X 251639 0 30668 DONNAJEAN A FREDEEN PROVOST/VP ACADEMIC AFFAIRS 50.00 0.00 X 258465 0 12734 DREW C AROMANDO VP ENROLLMENT MANAGEMENT 50.00 0.00 X 211466 0 51140 MARK A SOLOMON VP LEGAL AFFAIRS & GENERAL COUNSEL 50.00 0.00 X 222684 0 38653 EUGENE KUTCHER DEAN OF NORM BRODSKY COLLEGE OF BUSINESS 50.00 0.00 X 216008 0 22431 DONALD HARNUM ATHLETIC DIRECTOR 50.00 0.00 X 184187 0 53892 MARY HAYWOOD-SULLIVAN ASSOCIATE PROFESSOR 50.00 0.00 X 188822 0 37205 MICHAEL F RECA VP FACILITIES & UNIVERSITY 50.00 0.00 X 212860 0 10621 KELLY BIDLE DEAN COLLEGE OF ARTS & SCIENCES 50.00 0.00 X 210942 0 10621 DEBORA Z STASOLLA SECRETARY VP STRATEGIC INITIATIVES & PLANNING 50.00 0.00 X 151578 0 29485 JOAN MAZZOTTI CHAIR 5.00 0.00 X X 0 0 0 JAMES P BUSH VICE CHAIR 5.00 0.00 X X 0 0 0 MICHELE POWERS VICE CHAIR 5.00 0.00 X X 0 0 0 JULIO R ABREU TRUSTEE 1.00 0.00 X 0 0 0 SUZANNE BORGOS TRUSTEE 1.00 0.00 X 0 0 0 JILL HAMMER CANASTRA TRUSTEE 1.00 0.00 X 0 0 0 F CHRISTOPHER CAROTHERS TRUSTEE 1.00 0.00 X 0 0 0 KEITH N DIGRAZIO TRUSTEE 1.00 0.00 X 0 0 0 CARLOS DORTRAIT TRUSTEE 1.00 0.00 X 0 0 0 NEIL GERARD TRUSTEE 1.00 0.00 X 0 0 0 PATRICIA HARTPENCE TRUSTEE 1.00 0.00 X 0 0 0 DR DEBORAH HASKINS TRUSTEE 1.00 0.00 X 0 0 0 WARREN HIRSCHHORN TRUSTEE 1.00 0.00 X 0 0 0 MEGAN A HOLOHAN TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM H KURTZ TRUSTEE 1.00 0.00 X 0 0 0 THOMAS J LYNCH TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH J MAGGIO TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH MCDOUGALL TRUSTEE 1.00 0.00 X 0 0 0 TERRY MCEWEN TRUSTEE 1.00 0.00 X 0 0 0 HON MARC A MCKITHEN TRUSTEE 1.00 0.00 X 0 0 0 GARY NEUBECK TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER NIKOLICH TRUSTEE 1.00 0.00 X 0 0 0 MARK S NURSE TRUSTEE 1.00 0.00 X 0 0 0 DENISE PETITTA TRUSTEE 1.00 0.00 X 0 0 0 SHERISE RITTER TRUSTEE 1.00 0.00 X 0 0 0 HON MARK S SCHWEIKER TRUSTEE 1.00 0.00 X 0 0 0 WRIGHT SENERES TRUSTEE 1.00 0.00 X 0 0 0 ANNEMARIE WOODS TRUSTEE TO JUNE 11, 2024 1.00 0.00 X 0 0 0 2973153 0 418070 191 0 1 0 COMPASS GROUP USA INC PO BOX 417632 BOSTON MA 022417632 FOOD SERVICES 8562817 ELLUCIAN COMPANY LLC 62590 COLLECTION CENTER DRIVE CHICAGO IL 60693 INFORMATION TECHNOLOGY SERVICES 5762147 CUSHMAN & WAKEFIELD OF NEW JERSEY LLC PO BOX 854002 MINNEAPOLIS MN 55485 CUSTODIAL SERVICES 3527766 PRINCETON PARTNERS LLC 189 WALL ST PRINCETON NJ 08540 ADVERTISING & PUBLIC RELATIONS 3521089 PREMIER ENTERPRISES LLC 1520 RTE 37 W SUITE 4 TOMS RIVER NJ 08755 CONSTRUCTION SERVICES 1403860 32 127205 4933194 6872675 2374560 11933074 TUITION AND FEES 611310 140044285 140044285 ROOM AND BOARD 611310 27040236 27040236 OTHER PROGRAM SERVICE REVENUE 611310 6421639 6421639 173506160 6468544 85881 6382663 31536 31536 54102 99936 0 0 54102 99936 154038 99936 54102 74415629 76867765 -2452136 -2452136 -2452136 69970 127205 125298 -55328 -55328 BUSINESS CONFERENCE CENTER 721000 1626295 919745 706550 VENDING MACHINE COMMISSION 722515 94752 94752 FITNESS CENTER 713940 30758 29825 933 129009 129009 1880814 191466702 173506160 1135387 4892081 37310 37310 71976127 71976127 1761614 468365 1154259 138990 57811239 49364221 7159504 1287514 1324996 1162483 139379 23134 9802059 5925508 3687059 189492 5091191 3868344 1110883 111964 513077 513077 921354 420 920934 230537 230537 7021 7021 278981 278981 3999760 2461910 1436352 101498 3114177 443617 2650646 19914 2293265 798072 1465647 29546 8814110 7374276 1233949 205885 8900802 8413398 441456 45948 2975522 2771856 190462 13204 834686 715476 97273 21937 5931517 5235779 665971 29767 11997805 11525264 406732 65809 2338091 22631 2315460 FOOD SERVICE 9931152 9931152 BOOK/PERIODICALS/SUBSCR 822076 777423 35278 9375 DUES AND MEMBERSHIPS 491567 232501 249780 9286 LICENSES AND PERMITS 217044 88438 128606 878273 840184 38089 213295353 184947832 26006169 2341352 12038 19182 8381619 7832174 17233711 18029221 5351778 5433566 1522597 2221770 352071434 221201677 140641164 130869757 51999729 49834055 18568975 18211919 1026369 783753 2340225 2510000 247078205 235745397 17610490 20365635 12932349 12514156 108968342 108981307 107094 89325 8502399 13700000 13679757 13246060 161800431 168896483 X -11700879 -23888092 96978653 90737006 85277774 66848914 247078205 235745397 X -21828651 3730818 -331027 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 3003 1 17418 1 7021 27442 0 PART II-B, LINE 1: PAID STAFF AND DIRECT CONTACT: THE PRESIDENT MET WITH KEY LEGISLATORS AND POLICYMAKERS IN AN EFFORT TO ADVOCATE ON BEHALF OF THE STUDENTS AT RIDER UNIVERSITY WHO RECEIVE FINANCIAL SUPPORT FROM THE STATE AND FEDERAL GOVERNMENT. SPEECHES, LECTURES: THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IN NEW JERSEY (ICUNJ) IS COMMITTED TO THE ADVANCEMENT OF INDEPENDENT HIGHER EDUCATION IN NEW JERSEY. IT SERVES AS A LIAISON WITH THE STATE AND FEDERAL GOVERNMENT ON BEHALF OF THE INDEPENDENT SECTOR. THE PRESIDENT OF RIDER UNIVERSITY ATTENDED AICUNJ MEETINGS, AS WELL AS OTHER INDUSTRY ASSOCIATION MEETINGS, THROUGHOUT FISCAL YEAR 2024 AND SUPPORTED ITS EFFORTS TO ADVOCATE ON BEHALF OF RIDER AND THE INDEPENDENT SECTOR. OTHER LOBBYING ACTIVITIES: THE UNIVERSITY PAYS ANNUAL ASSOCIATION DUES TO THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU) AND TO THE INDEPENDENT COLLEGE FUND OF NEW JERSEY (ICFNJ). AMONG OTHER SERVICES, THESE ASSOCIATIONS LOBBY ON BEHALF OF SECTOR NEEDS. 0 1 X 82899000 1635294 8578000 5285506 272969 87553819 77440233 4305541 8247000 6354365 739409 82899000 86549141 575713 -5427525 3796616 460480 77440233 69049047 2451295 18897830 3433997 415034 86549141 67045984 6004689 -339250 3253609 408767 69049047 0.08800 0.62230 0.28970 0 0 3960000 253359 4213359 266674010 156963025 109710985 34480196 23934259 10545937 46703869 40304393 6399476 130869757 ALTERNATIVES: PRIVATE REAL ASSETS 3222465 F ALTERNATIVES: DOMESTIC EQUITY 1797352 F ALTERNATIVES: FLEXIBLE CAPITAL 506817 F ALTERNATIVES: PRIVATE EQUITY 12685285 F 18211919 ASSET RETIREMENT OBLIGATION 6189368 US GOVERNMENT GRANTS REFUNDABLE 843544 EMPLOYEE AND RETIREE MEDICAL SELF-INSURED LIABILITIY 1195970 CAPITAL LEASE 1268681 VENDOR LIABILITIES 567843 ANNUITIES PAYABLE 369126 STUDENT DEPOSITS AND CREDIT BALANCES 2507785 OTHER LIABILTIES 303743 13246060 X 122611385 3730818 -331027 3399791 119211594 278981 71976127 72255108 191466702 141040245 0 141040245 278981 71976127 72255108 213295353 PART IV, LINE 2B: THE UNIVERSITY IS A CUSTODIAN OF SEVERAL AGENCY ACCOUNTS TOTALING $89,325. THE AGENCY ACCOUNTS PRIMARILY RELATE TO STUDENT ORGANIZATIONS FOR WHICH THE UNIVERSITY HOLDS THE FUNDS FOR EACH ORGANIZATION UNTIL SUCH TIME AS A CHECK REQUEST IS SUBMITTED BY THE ORGANIZATION FOR REIMBURSEMENT. THIS AMOUNT IS RECORDED AS A LIABILITY ON THE UNIVERSITY'S BALANCE SHEET. PART V, LINE 4: THE ENDOWMENT SPENDING POLICY SUPPORTS SCHOLARSHIPS, GRANTS, FACILITIES, AND PROGRAMS, IN ACCORDANCE WITH THE UNIVERSITY'S MISSION AND DONOR RESTRICTIONS. PART X, LINE 2: THE UNIVERSITY IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). ACCORDINGLY, THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. NO PROVISION FOR INCOME TAXES WAS REQUIRED IN 2024 OR 2023. IN ADDITION, THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAIN TAX POSITIONS, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE UNIVERSITY'S FINANCIAL STATEMENTS, AS MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS OR OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 272,929. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 7,806. WRITE-OFF OF CONTRIBUTION RECEIVABLE -65,460. CHANGE IN VALUE OF PENSION -546,302. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE - AUXILIARIES 861,758. SCHOLARSHIP ALLOWANCE - TUITION AND FEES 71,114,369. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE - AUXILIARIES 861,758. SCHOLARSHIP ALLOWANCE - TUITION AND FEES 71,114,369. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A GENERAL STATEMENT OF NON-DISCRIMATION IS INCLUDED IN ALL ADVERTISEMENTS, IN NEWSPAPERS OF GENERAL CIRCULATION, OTHER PRINTED MEDIA RELATING TO THE RECRUITMENT OF STUDENTS AND EMPLOYEES, AND ON THE UNIVERSITY'S WEBSITE'S HOME PAGE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED THE FOLLOWING FEDERAL AND STATE OF NEW JERSEY STUDENT FINANCIAL ASSISTANCE: FEDERAL: FEDERAL DIRECT STUDENT LOAN PROGRAM $25,827,957 FEDERAL PELL GRANT PROGRAM $6,439,567 FEDERAL WORK-STUDY $784,497 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT $394,941 FEDERAL STUDENT SUPPORT SERVICES $359,481 FEDERAL TEACHER EDUCATIONAL ASSISTANCE FOR COLLEGE & HIGHER ED GRANTS $3,772 TOTAL FEDERAL STUDENT FINANCIAL ASSISTANCE $33,810,215 STATE OF NEW JERSEY: NJ - TUITION AID GRANT $8,791,524 NJ GOVERNOR'S URBAN SCHOLARS 1,000 NJ - STARS II $35,000 NJ - STUDENT TEACHER FINANCIAL AWARD STIPENDS $246,000 NJ - EDUCATIONAL OPPORTUNITY FUND $714,393 TOTAL STATE OF NEW JERSEY STUDENT FINANCIAL ASSISTANCE $9,787,917 TOTAL STUDENT FINANCIAL ASSISTANCE $43,598,132 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 5000163 NORTH AMERICA 0 0 INVESTMENTS 696265 0 0 0 0 0 0 5696428 0 5696428 1 0 1 1 1 0 PART IV, LINES 1, 3-5: FORMS 8865 AND 926 ARE BEING FILED AS ATTACHMENTS TO THE FORM 990-T. THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP REQUIREMENT(S). IN ADDITION, FORM 8621 IS NOT REQUIRED AS THE ORGANIZATION DOES NOT MEET THE APPLICABLE FILING CRITERIA. ATHLETICS GOLF GALA 45665 23140 22525 6851 27272 297 WRESTLING GOLF OUTING 36970 13575 23395 9334 6800 6400 370 3 114540 90490 24050 2355 30610 10472 24537 197175 127205 69970 18540 37410 44144 25204 125298 -55328 1 RUTGERS UNIVERSITY 33 KNIGHTSBRIDGE ROAD PISCATAWAY NJ 08854 237318742 501(C)(3) 14810 0 RECRUITMENT FOR STEM PROGRAMS RARITAN VALLEY COMMUNITY COLLEGE 118 LAMINGTON ROAD BRANCHBURG NJ 08876 221815636 501(C)(3) 22500 0 SUPPORT NEXT GENERATION SCIENCE STANDARDS 2 0 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM 829 394941 0 FEDERAL AMERICORPS EDUCATION AWARDS 3 4379 0 FEDERAL STUDENT SUPPORT SERVICES PROGRAM 32 43262 0 NJ EDUCATIONAL OPPORTUNITY FUND 164 650640 0 NJ HESAA STUDENT TEACHER STIPEND 82 246000 0 RESTRICTED AID USED FOR SCHOLARSHIPS 600 4000356 0 RIDER UNIVERSITY ATHLETIC, MERIT, AND NEED-BASED FINANCIAL AID 3110 66636549 0 PART I, LINE 2: THE UNIVERSITY HAS PROCEDURES AND CONTROLS IN PLACE OVER THE AWARDING, DISBURSING, AND MONITORING OF SUBAWARDS MADE TO ORGANIZATIONS. THESE INCLUDE REVIEWING THE ANNUAL FINANCIAL STATEMENT AND SINGLE AUDIT REPORTS OF THE ORGANIZATION AND REVIEWING ALL SUPPORTING DOCUMENTATION INCLUDING INVOICES RECEIVED BY THE ORGANIZATION. THE UNIVERSITY HAS ESTABLISHED POLICIES, PROCEDURES, AND CONTROLS OVER THE AWARDING, DISBURSING, AND MONITORING OF STUDENT FINANCIAL AID OR ASSISTANCE TO INDIVIDUAL STUDENTS IN COMPLIANCE WITH FEDERAL AND STATE OF NEW JERSEY REGULATIONS AND REQUIREMENTS. IN ADDITION, THE UNIVERSITY HAS AN EXTERNAL AUDIT PERFORMED IN ACCORDANCE WITH TITLE 2 U.S. CODE OF FEDERAL REGULATIONS PART 200 (UNIFORM GUIDANCE) AND NEW JERSEY OFFICE OF MANAGEMENT AND BUDGET CIRCULAR 15-08. STUDENT FINANCIAL AID OR ASSISTANCE IS AWARDED ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 GREGORY G DELL'OMO PHD PRESIDENT 404167 0 0 0 109177 0 17503 0 65642 0 596489 0 100028 0 KEVIN A BAGGETT BASKETBALL COACH 347658 0 0 0 3500 0 18232 0 19243 0 388633 0 0 0 JAMES P HARTMAN SR VP FINANCE/TREASURER & CFO 245512 0 0 0 6127 0 10634 0 20034 0 282307 0 0 0 DONNAJEAN A FREDEEN PROVOST/VP ACADEMIC AFFAIRS 258465 0 0 0 0 0 10719 0 2015 0 271199 0 0 0 DREW C AROMANDO VP ENROLLMENT MANAGEMENT 204266 0 0 0 7200 0 8477 0 42663 0 262606 0 0 0 MARK A SOLOMON VP LEGAL AFFAIRS & GENERAL COUNSEL 222684 0 0 0 0 0 9563 0 29090 0 261337 0 0 0 EUGENE KUTCHER DEAN OF NORM BRODSKY COLLEGE OF BUSINESS 216008 0 0 0 0 0 9152 0 13279 0 238439 0 0 0 DONALD HARNUM ATHLETIC DIRECTOR 173387 0 0 0 10800 0 7134 0 46758 0 238079 0 0 0 MARY HAYWOOD-SULLIVAN ASSOCIATE PROFESSOR 188822 0 0 0 0 0 7413 0 29792 0 226027 0 0 0 MICHAEL F RECA VP FACILITIES & UNIVERSITY 212860 0 0 0 0 0 8754 0 1867 0 223481 0 0 0 KELLY BIDLE DEAN COLLEGE OF ARTS & SCIENCES 210942 0 0 0 0 0 8754 0 1867 0 221563 0 0 0 DEBORA Z STASOLLA SECRETARY VP STRATEGIC INITIATIVES & PLANNING 151578 0 0 0 0 0 6838 0 22647 0 181063 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE: THE NONTAXABLE BENEFITS AMOUNT OF $34,288 OF PRESIDENT GREGORY G. DELL'OMO INCLUDES THE MARKET VALUE OF THE UNIVERSITY RESIDENCE PROVIDED TO THE PRESIDENT. THE MARKET VALUE OF THE UNIVERSITY RESIDENCE IS APPROXIMATELY 53% OF NONTAXABLE BENEFITS. THE PRESIDENT OF THE UNIVERSITY IS REQUIRED TO ACCEPT LODGING AND LIVE ADJACENT TO THE LAWRENCEVILLE CAMPUS AS A CONDITION OF HIS EMPLOYMENT. SOCIAL CLUB DUES: RIDER UNIVERSITY PAID $8,971 IN SOCIAL CLUB MEMBERSHIP FOR UNIVERSITY BUSINESS PURPOSES ON BEHALF OF PRESIDENT GREGORY G. DELL'OMO, PH.D. THIS AMOUNT IS NONTAXABLE AND IS INCLUDED IN THE AMOUNT REPORTED ON SCHEDULE J, PART II, COLUMN (D). PERSONAL SERVICES: THE HOUSEKEEPING SERVICE THAT CLEANED BUILDINGS ON CAMPUS ALSO CLEANED THE PRESIDENT'S RESIDENCE. THE COST OF THE CLEANING OF THE RESIDENCE IS NOT REPORTED AS COMPENSATION TO THE PRESIDENT ON SCHEDULE J, PART II. PART I, LINE 4B PRESIDENT GREGORY G. DELL'OMO, PH.D., IS ELIGIBLE FOR AN ANNUAL PERFORMANCE BONUS TO BE CONTRIBUTED TO A 457(F) PLAN. IN CALENDAR YEAR 2023, NO CONTRIBUTION WAS MADE TO THE 457(F) PLAN. FOR FISCAL YEARS ENDING JUNE 30, 2021, OR EARLIER, CONTRIBUTIONS TO THE 457(F) PLAN VESTED IN ANNUAL INSTALLMENTS ON A PRORATED BASIS, WITH FULL VESTING ON JULY 31, 2022. THE AMOUNT FULLY VESTED AS OF THIS DATE IS $85,040. IN CALENDAR YEAR 2023, PRESIDENT DELL'OMO, RECEIVED A DISTRIBUTION FROM THE PLAN IN THE AMOUNT OF $100,028, WHICH IS INCLUDED IN THE AMOUNT REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III) AND IN COLUMN (F). A PUBLIC FINANCE AUTHORITY 273866124 74442PRH0 2021-05-28 32920000 CURRENT REFUND 2012 SERIES A BOND 0 0 0 B NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 646066Z94 2017-11-30 44228160 CAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILITIES 0 0 0 C NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 646066F54 2016-12-20 30676062 TO RENOVATE SPACE WITHIN THE SCIENCE AND TECHNOLOGY BUILDING 0 0 1 D NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 000000000 2016-07-26 20805115 CURRENT REFUND PRIOR PERIOD POOLED FINANCINGS 0 0 1 A 32920000 3002459 1646000 28271541 2015 1 0 0 0 B 45911990 4881658 564023 40423046 43263 2022 0 0 1 1 C 117403 1010663 2561 8102 1000000 2017 0 0 1 1 D 969626 2181777 2181777 1 0 1 1 A 0 1 1 1 0 0.00800 0.02400 0.03200 0 0 0 B 0 1 0 0 0.00000 0.01900 0.01900 0 0 0 C 0 1 0 0 0.00000 0.00000 0.00000 0 0 0 D 0 1 1 1 0 0.59600 0.00000 0.59600 0 0 0 A 0 1 1 0 0 0 0 0 1 B 0 0 0 1 0 0 0 1 1 C 0 0 0 1 0 0 0 0 1 D 0 0 1 1 0 0 0 0 1 A 0 B 0 C 0 D 0 COLUMN A, PART II, LINE 4: THE DEBT SERVICE RESERVE FUND HAS BEEN PARTIALLY FUNDED BY BOND PROCEEDS AND NON-BOND PROCEEDS. COLUMN A, PART II, LINE 13: SINCE PROCEEDS OF THE BONDS WERE ISSUED FOR REFUNDING PURPOSES, THE YEAR OF SUBSTANTIAL COMPLETION HAS NOT BEEN REPORTED. COLUMN A, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN A, PART III, LINE 9, AND PART V: THE UNIVERSITY DID NOT HAVE WRITTEN PROCEDURES SPECIFICALLY ADDRESSING REMEDIAL ACTION AND VCAP DURING THE TAXABLE YEAR ADDRESSED BY THIS SCHEDULE K BUT EXPECTS TO ADOPT SUCH PROCEDURES IN THE NEAR FUTURE. COLUMN A, PART IV, LINE 2(B): THE REFUNDING PORTION OF THE BONDS HAS MET THE SIX-MONTH EXCEPTION TO REBATE. COLUMN B, PART II, LINE 3: THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I(E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. COLUMN B, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN B, PART III, LINE 9, AND PART V: THE UNIVERSITY DID NOT HAVE WRITTEN PROCEDURES SPECIFICALLY ADDRESSING REMEDIAL ACTION AND VCAP DURING THE TAXABLE YEAR ADDRESSED BY THIS SCHEDULE K BUT EXPECTS TO ADOPT SUCH PROCEDURES IN THE NEAR FUTURE. COLUMN B, PART IV, LINE 2(C): THE MOST RECENT FIFTH YEAR REBATE REPORT WAS DATED JULY 5, 2022. COLUMN C, PART II, LINE 1: THE AMOUNT SHOWN REPRESENTS THE BONDS RETIRED THAT ARE ALLOCABLE TO THE UNIVERSITY'S PORTION OF DEBT SERVICE RESPONSIBILITY. COLUMN C, PART II, LINE 3: THE AMOUNT SHOWN REFLECTS THE AMOUNT RECEIVED BY THE UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS. COLUMN C, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN C, PART III, LINE 9, AND PART V: THE UNIVERSITY DID NOT HAVE WRITTEN PROCEDURES SPECIFICALLY ADDRESSING REMEDIAL ACTION AND VCAP DURING THE TAXABLE YEAR ADDRESSED BY THIS SCHEDULE K BUT EXPECTS TO ADOPT SUCH PROCEDURES IN THE NEAR FUTURE. COLUMN C, PART IV, LINE 2(C): THE 5TH YEAR REBATE REPORT WAS PREPARED ON JULY 8, 2021. COLUMN D, PART I(F): BONDS CURRENT REFUNDED HECIF SERIES 2006 A (ISSUED ON 10/26/2006) AND HECIF SERIES 2005 A (ISSUED ON 08/10/2005) COLUMN D, PART II, LINE 3: THE AMOUNT SHOWN REFLECTS THE AMOUNT RECEIVED BY THE UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS. COLUMN D, PART II, LINE 13: SINCE PROCEEDS OF THE BONDS WERE ISSUED FOR REFUNDING PURPOSES, THE YEAR OF SUBSTANTIAL COMPLETION HAS NOT BEEN REPORTED. COLUMN D, PART III, LINES 4 AND 5: THIS REFLECTS ONLY THE PRIVATE USE PERCENTAGE APPLICABLE TO THE PORTION OF THE BONDS AND THE HECIF SERIES 2004 A BONDS (WHICH WERE REFUNDED BY THE HECIF 2006 A BONDS) ALLOCABLE TO THE UNIVERSITY ISSUED AFTER JANUARY 1, 2003. ALL OTHER BONDS ISSUED PRIOR TO JANUARY 1, 2003, HAVE BEEN EXCLUDED FROM PART III ON THIS SCHEDULE. COLUMN D, PART III, LINE 6: ALTHOUGH THE PRIVATE USE PERCENTAGE WITH RESPECT TO THE UNIVERSITY'S PORTION OF THE BONDS THAT REFUND BONDS ISSUED AFTER DECEMBER 31, 2002, EXCEEDS 5%, THE UNIVERSITY'S PORTION OF THE BONDS THAT REFUND BONDS ISSUED AFTER DECEMBER 31, 2002, REPRESENTS LESS THAN 5% OF THE BONDS. ACCORDINGLY, ANY PRIVATE PAYMENTS WITH RESPECT TO SUCH PORTION WOULD NOT EXCEED 5% OF THE BONDS. COLUMN D, PART III, LINE 9, AND PART V: THE UNIVERSITY DID NOT HAVE WRITTEN PROCEDURES SPECIFICALLY ADDRESSING REMEDIAL ACTION AND VCAP DURING THE TAXABLE YEAR ADDRESSED BY THIS SCHEDULE K BUT EXPECTS TO ADOPT SUCH PROCEDURES IN THE NEAR FUTURE. X 7 2374560 MEAN PRICE - GIFT DATE 0 0 1 0 PART I, COLUMN (B): THE FIGURE IN THIS COLUMN REPRESENTS THE NUMBER OF DONORS IN THE APPLICABLE CATEGORY. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: RIDER'S MISSION RIDER UNIVERSITY WELCOMES STUDENTS FROM THROUGHOUT THE REGION, ACROSS THE NATION, AND AROUND THE WORLD WHO SEEK TO BE CHALLENGED AND SUPPORTED AS ACTIVE MEMBERS OF OUR INCLUSIVE AND VIBRANT LIVING AND LEARNING COMMUNITY. COMMITTED TO STUDENT GROWTH, TRANSFORMATION, AND LEADERSHIP, WE CONNECT RIGOROUS ACADEMIC, ARTISTIC AND PROFESSIONAL PROGRAMS OF STUDY WITH A RICH ARRAY OF LEARNING EXPERIENCES THAT ENGAGE STUDENTS INSIDE AND OUTSIDE THE CLASSROOM. WE PREPARE GRADUATES TO THRIVE PROFESSIONALLY AND TO BE LIFELONG INDEPENDENT LEARNERS AND RESPONSIBLE CITIZENS WHO EMBRACE DIVERSITY, SUPPORT THE COMMON GOOD AND CONTRIBUTE MEANINGFULLY TO THE CHANGING WORLD IN WHICH THEY LIVE AND WORK. RIDER'S VISION RIDER UNIVERSITY WILL BE A PREMIER, FORWARD-LOOKING UNIVERSITY KNOWN FOR ITS ENGAGED LEARNING PROGRAM THAT, TOGETHER WITH DYNAMIC ACADEMIC PROGRAMS, ENRICHING CO-CURRICULAR EXPERIENCES AND A VIBRANT LIVING AND LEARNING COMMUNITY, CHALLENGES STUDENTS, EXCITES THEIR IMAGINATIONS AND INSTILLS IN THEM EXCELLENCE IN THOUGHT AND ACTION, PREPARING THEM FOR HIGHLY ENGAGED AND FULFILLING PROFESSIONAL AND PERSONAL LIVES. RIDER'S PROMISE OUR STUDENTS, ALUMNI, FACULTY, STAFF, AND ADMINISTRATORS LIVE THE RIDER PROMISE BY BEING FOREVER: - PREPARED TO CONTRIBUTE MEANINGFULLY TO THE CHANGING WORLD IN WHICH THEY LIVE AND WORK - RESPECTFUL OF ALL PEOPLE, RIGHTS, FREEDOMS, AND INDIVIDUAL DIFFERENCES - OPEN TO A LIFE OF INDEPENDENT LEARNING - MOTIVATED TO BE RESPONSIBLE CITIZENS WHO SUPPORT THE COMMON GOOD - INNOVATIVE, CREATIVE, AND RESOURCEFUL - SKILLED AND THRIVING PROFESSIONALS, EDUCATORS, ARTISTS, AND PERFORMERS - ENGAGED IN THEIR COMMUNITIES AS LEADERS AND ROLE MODELS THE RIDER PROMISE IS OFFERED AS A REPRESENTATION OF THE MISSION. IT IS INSPIRED BY OUR RECENT 150TH ANNIVERSARY WHICH EMBRACED THE TAGLINE, FULFILLING THE PROMISE. THIS TAGLINE WAS, IN TURN, INSPIRED BY ANDREW J. RIDER HIMSELF AS DISCUSSED IN THE HISTORICAL BOOKS WRITTEN BY DR. WALTER A. BROWER '48, FORMER DEAN OF THE SCHOOL OF EDUCATION. ANDREW J. RIDER DECLARED IN 1883 THAT RIDER'S FUTURE WAS FULL OF PROMISE. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE OFFICERS OF THE BOARD, THE CHAIRS OF ALL STANDING COMMITTEES, THE IMMEDIATE PAST BOARD CHAIR IF STILL A MEMBER OF THE BOARD, AND UP TO TWO (2) AT-LARGE MEMBERS APPOINTED BY THE BOARD CHAIR FOLLOWING CONSIDERATION OF THE RECOMMENDATIONS OF THE GOVERNANCE COMMITTEE AS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. ALL MEMBERS SHALL BE VOTING MEMBERS, EXCEPT FOR THE PRESIDENT, WHO SHALL BE AN EX-OFFICIO MEMBER WITHOUT VOTE. THE EXECUTIVE COMMITTEE IS EMPOWERE TO ACT FOR THE BOARD BETWEEN REGULAR BOARD MEETINGS ON ALL MATTERS EXCEPT FOR THE FOLLOWING WHICH SHALL BE RESERVED FOR THE BOARD: (I) PRESIDENTIAL SELECTION AND TERMINATION, (II) BOARD MEMBER AND BOARD OFFICER ELECTION OR REMOVAL, (III) CHANGES IN THE MISSION AND PURPOSE OF THE UNIVERSITY (IV) AMENDMENTS TO THE CERTIFICATE OF INCORPORATION AND BY-LAWS, (V) INCURRENCE OF COPORATE INDEBTEDNESS, (VI) SALE OR OTHER DISPOSITION OF REAL ESTATE AND OTHER TANGIBLE PROPERTY, (VII) ADOPTIONB OF THE ANNUAL BUDGET, (VIII) CONFERRAL OF DEGREES, AND (IX) AMENDMENTS TO OR REPEAL OF ANY RESOLUTION PREVIOUSLY ADOPTED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED ON JUNE 18, 2024, TO GRANT THE PRESIDENT THE AUTHORITY TO ESTABLISH THE TERMS OF EMPLOYMENT FOR ADMINISTRATIVE OFFICERS SUBJECT TO ADVANCE REVIEW BY THE GOVERNANCE COMMITTEE OF THE BOARD. PREVIOUSLY, THIS AUTHORITY WAS SUBJECT TO REVIEW AND APPROVAL BY THE GOVERNANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE IRS FORM 990 HAS BEEN PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH THE ASSISTANCE OF MANAGEMENT. THE AUDIT AND ENTERPRISE RISK MANAGEMENT COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES PERFORMED A REVIEW OF FORM 990 AND ALL APPLICABLE SCHEDULES PRIOR TO SUBMISSION AS PART OF AN AUDIT AND ENTERPRISE RISK MANAGEMENT COMMITTEE MEETING. IN ADDITION, FORM 990 AND APPLICABLE SCHEDULES WERE POSTED ON THE UNIVERSITY'S INTRANET FOR THE ENTIRE BOARD OF TRUSTEES TO REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY AND AN ANNUAL COMPLIANCE REVIEW PROCESS WHICH INCLUDES: - SOLICIT FEEDBACK FROM DIVISION HEADS ON PROPOSED STAFF IN THEIR UNITS WHO SHOULD PARTICIPATE IN THE ANNUAL REPORTING AND REVIEW PROCESS. ANY INDIVIDUAL WHO IS CONSIDERED TO HAVE SIGNIFICANT RESPONSIBILITY FOR INSTITUTIONAL OPERATIONS OR PURCHASING IS INCLUDED. THE POLICY REQUIRES THAT PERSONS INVOLVED IN DECISION-MAKING DISCLOSE FINANCIAL OR OTHER INTERESTS - EITHER CURRENT OR PROPOSED - THAT IMPAIR OR MAY APPEAR TO IMPAIR THEIR INDEPENDENT, UNBIASED JUDGEMENT. - DISTRIBUTE THE CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE FOR DISCLOSURE OF POTENTIAL CONFLICTS OF INTEREST TO ALL INDIVIDUALS SO IDENTIFIED. IN FY24, 108 INDIVIDUALS (OFFICERS, TRUSTEES, COACHES, AND ADMINISTRATORS) RECEIVED AND COMPLETED THE CONFLICT OF INTEREST QUESTIONNAIRE. - REVIEW OF ALL CONFLICT QUESTIONNAIRE RESPONSES BY THE UNIVERSITY BOARD OF TRUSTEES' HUMAN RESOURCES COMMITTEE, WHICH SERVES AS THE CONFLICT COMMITTEE UNDER THE UNIVERSITY'S BYLAWS. THE HUMAN RESOURCES COMMITTEE REPORTS ITS FINDINGS TO THE BOARD OF TRUSTEES, WHICH IS RESPONSIBLE FOR ACTING ON THE COMMITTEE'S FINDINGS - IN PARTICULAR ON ANY CONFLICT THAT MIGHT BE IDENTIFIED. BY POLICY, ANY PROPOSED BUSINESS RELATIONSHIP BETWEEN A TRUSTEE OR THEIR RELATED ENTITY MUST BE EVALUATED AND ACTED ON PRIOR TO ITS POTENTIAL IMPLEMENTATION. NO SUCH RELATIONSHIPS CURRENTLY EXIST. - ANY BOARD MEMBER WITH A CONFLICT WILL RECUSE HIMSELF/HERSELF FROM ANY VOTES REGARDING THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE SENIOR COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES ENGAGES AN INDEPENDENT CONSULTING FIRM TO UNDERTAKE A REASONABLENESS REVIEW OF THE TOP MANAGEMENT COMPENSATION. TOP MANAGEMENT INCLUDES THE INSTITUTION'S PRESIDENT AND VICE PRESIDENTS. THE REASONABLENESS REVIEW INCLUDES CONSIDERATION OF COMPARABILITY DATA PREPARED BY THE CONSULTANTS WHICH IS PROVIDED TO ALL COMMITTEE MEMBERS AND TO ALL MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. THE BENCHMARK DATA CONSIDERED INCLUDES BOTH SALARY AND TOTAL COMPENSATION INFORMATION. CONTEMPORANEOUS MINUTES ARE MAINTAINED FOR BOTH THE SENIOR COMPENSATION COMMITTEE OF THE BOARD AND FOR THE FULL BOARD OF TRUSTEES MEETINGS. THIS PROCESS LAST OCCURRED IN 2024. THE UNIVERSITY CONSISTENTLY UTILIZES HIGHER EDUCATION BENCHMARKING DATA TO ASSESS THE REASONABLENESS OF KEY EMPLOYEES' COMPENSATION. FACULTY COMPENSATION IS GOVERNED BY A COLLECTIVE BARGAINING AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 272,929. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 7,806. WRITE-OFF OF CONTRIBUTION RECEIVABLE -65,460. CHANGE IN VALUE OF PENSION -546,302. RIDER HOLDINGS LLC 2083 LAWRENCEVILLE ROAD LAWRENCEVILLE NJ 086483099 843173823 OWN, MANAGE AND DISPOSE OF REAL ESTATE NJ 0 0 RIDER UNIVERSITY