2023-05-11T12:37:33-05:00 2022-06-30 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2021-07-01 520805606 CAPITOL TECHNOLOGY UNIVERSITY CAPI 3013692800 11301 SPRINGFIELD ROAD LAUREL MD 20708 DR BRADFORD SIMS PRESIDENT 3013692800 2023-05-11 1 DR BRADFORD SIMS 999009999 MONIQUE BOOKER P00644321 4105842118 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DARRYL CAMPBELL 11301 SPRINGFIELD ROAD LAUREL MD 20708 18959272 0 X WWW.CAPTECHU.EDU X NONPROFIT COLLEGE 1964 DC TO PROVIDE PRACTICAL EDUCATION IN ENGINEERING, COMPUTER SCIENCE, INFORMATION TECHNOLOGY AND BUSINESS THAT PREPARES INDIVIDUALS FOR PROFESSIONAL CAREERS AND AFFORDS THEM THE OPPORTUNITY TO THRIVE IN A CHANGING WORLD. 13 12 279 0 0 0 3236091 5055778 13469359 13828199 41951 42051 89271 33244 16836672 18959272 4377534 4731903 0 0 6775264 8096786 0 0 745199 3942935 4536587 15095733 17365276 1740939 1593996 27498251 27071445 7169526 5925294 20328725 21146151 TO PROVIDE PRACTICAL EDUCATION IN ENGINEERING, COMPUTER SCIENCE, INFORMATION TECHNOLOGY AND BUSINESS THAT PREPARES INDIVIDUALS FOR PROFESSIONAL CAREERS AND AFFORDS THEM THE OPPORTUNITY TO THRIVE IN A CHANGING WORLD. 0 0 11886560 4731903 13842480 TO PROVIDE EDUCATIONAL OPPORTUNITIES TO STUDENTS AT THE UNIVERSITY LEVEL. 11886560 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 115 0 1 279 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MD X THE ORGANIZATION 3013692800 11301 SPRINGFIELD ROAD LAUREL MD 20708 ANDRE MENDES CHAIR 2.00 X 0 0 0 BG GEN REAL SIMMS TRUSTEE 2.00 X 0 0 0 CRAIG OTTO TRUSTEE 2.00 X 0 0 0 ELLIOT SCHATZMAN TRUSTEE 2.00 X 0 0 0 JONATHAN PATRICK TRUSTEE 2.00 X 0 0 0 KELLY BROWN TREASURER 2.00 X 0 0 0 MAHESH KALVA TRUSTEE 2.00 X 0 0 0 MARIANNE MEINS TRUSTEE 2.00 X 0 0 0 MICHAEL PLASS TRUSTEE 2.00 X 0 0 0 REBECCA HASSAN TRUSTEE 2.00 X 0 0 0 REGINALD DANIEL TRUSTEE 2.00 X 0 0 0 RYAN HIGGINS TRUSTEE 2.00 X 0 0 0 VACANT SECRETARY 2.00 X 0 0 0 VACANT VICE CHAIR 2.00 X 0 0 0 VENNARD WRIGHT TRUSTEE 2.00 X 0 0 0 DR STEPHEN MCCASKEY RET 63021 VP FOR ACADEMIC AFFAIRS 40.00 X 81083 0 4054 DIANNE M O'NEILL SVP FOR ENROLLMENT MANAGEMENT & MARKETING 40.00 X 174998 0 34498 DR BRADFORD SIMS PRESIDENT 40.00 X 394489 0 61044 DR LINDA MARTIN TERM 9202021 CHAIR, SAFETY 40.00 X 144387 0 4673 DR RICHARD BAKER ACTING VP ACADEMIC AFFAIRS 40.00 X 174075 0 31279 DR WILLIAM BUTLER DIRECTOR CRITICAL INFRASTRUCTURE AND CYBER SECURITY 40.00 X 146292 0 18178 GARY BURKE VP FACILITIES MANAGEMENT & PROFESSIONAL EDUCATION 40.00 X 110000 0 5000 KATHLEEN WERNER VP FINANCE & ADMINISTRATION 40.00 X 132811 0 31474 MELINDA A BUNNELL-RHYNE VP STUDENT ENGAGEMENT AND UNIVERSITY DEVELOPMENT 40.00 X 115194 0 5459 1473329 0 195659 8 0 1 0 ELLIANCE 600 RIVER AVENUE 201 PITTSBURGH PA 15212 MARKETING AND WEBSITE DESIGN 228681 ALLIED UNIVERSAL EIGHT TOWER BRIDGE WASHINGTON ST ST CONSHOHOKEN PA 19428 CAMPUS SECURITY 160432 2 4644859 410919 5055778 TUITION AND FEES 611710 13825799 13825799 AUXILIARY INCOME 611710 2400 2400 13828199 42051 42051 18963 0 18963 18963 18963 OTHER REVENUE 900099 14281 14281 14281 18959272 13842480 0 61014 4731903 4731903 662504 470841 162454 29209 6485375 4694801 1456600 333974 140997 76013 53667 11317 324979 244257 60066 20656 482931 362014 96481 24436 39903 23942 15961 348832 180 210097 138555 686538 566335 101651 18552 1220843 39167 1142690 38986 79904 75484 2775 1645 182404 127655 47435 7314 690465 690465 133841 133841 DUES AND FEE 435861 148423 253338 34100 RECRUITING 308863 308863 ALL OTHER EXPENSES 274695 40624 163577 70494 BAD DEBT 134438 134438 17365276 11886560 4733517 745199 1964512 1636190 554971 310770 977745 1102154 125314 101933 416049 620197 29476960 17977926 11025684 11499034 8504204 7776928 3929772 4024239 27498251 27071445 1020184 1277364 182744 137899 401803 374109 5564795 4135922 7169526 5925294 X 14416121 16104749 5912604 5041402 20328725 21146151 27498251 27071445 1593996 -776570 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5891583 76973 -781745 208305 4978506 4784573 7600 1289872 190462 5891583 4875105 22050 85467 198049 4784573 4620314 21650 390688 157547 4875105 4398910 17350 378110 174056 4620314 0.55000 0.45000 0 0 1052721 1052721 15833730 11585488 4248242 6311028 696157 5614871 5909409 5470213 439196 370072 226068 144004 11499034 MONEY MARKET FUNDS 2676679 F MUTUAL FUND - DIVERSIFIED EQUITY 3231734 F MUTUAL FUND - FIXED INCOME 1868515 F 7776928 OTHER ASSETS 11097 DUE FROM CTU FOUNDATION 4013142 4024239 X 19661612 -776570 1478910 702340 18959272 0 18959272 18959755 1594479 1594479 17365276 0 17365276 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF TWO FUNDS ESTABLISHED FOR SCHOLARSHIPS AND MAINTENANCE. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS RECOGNIZED AS SUCH BY THE INTERNAL REVENUE SERVICE. THE PROVISIONS INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2022, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2019 THROUGH 2022 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE UNIVERSITY FILES TAX RETURNS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FOUNDATION REVENUE 1,478,910. PART XII, LINE 2D - OTHER ADJUSTMENTS: FOUNDATION EXPENSES 1,594,479. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 FORMS OF MEDIA USED TO PUBLICIZE RACIALLY NONDISCRIMINATORY POLICY ARE NEWSPAPER & RADIO ANNOUNCEMENTS, AS WELL AS WEBSITE AND CATALOG COVERAGE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES AN ANNUAL APPROPRIATION FROM THE STATE OF MARYLAND. 1 SCHOLARSHIPS 1715 4731903 PART I, LINE 2: GRANTS AND SCHOLARSHIPS ARE AWARDED IN ACCORDANCE WITH FEDERAL, STATE & PRIVATE DONOR REQUIREMENTS. STUDENTS' ELIGIBILITY IS MONITORED ON A SEMESTER TO SEMESTER BASIS. ALL RECORDS DOCUMENTING THE AWARDING, ELIGIBILITY & MONITORING OF STUDENTS' GRANTS AND SCHOLARSHIPS IS MAINTAINED WITHIN THE FINANCIAL AID OFFICE. X X X 0 0 0 0 0 0 0 0 0 DR BRADFORD SIMS PRESIDENT 342289 0 52200 0 0 0 15550 0 45494 0 455533 0 0 0 DIANNE M O'NEILL SVP FOR ENROLLMENT MANAGEMENT & MARK 172474 0 2524 0 0 0 8498 0 26000 0 209496 0 0 0 DR RICHARD BAKER ACTING VP ACADEMIC AFFAIRS 152825 0 21250 0 0 0 6579 0 24700 0 205354 0 0 0 DR WILLIAM BUTLER DIRECTOR CRITICAL INFRASTRUCTURE AND CYBER SE 127292 0 2500 0 16500 0 4490 0 13688 0 164470 0 0 0 KATHLEEN WERNER VP FINANCE & ADMINISTRATION 121141 0 6000 0 5670 0 5474 0 26000 0 164285 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THERE IS NOT CURRENTLY A REVIEW OF THE FORM 990 BY THE BOARD OR FINANCE COMMITTEE. THIS POLICY IS CURRENTLY UNDER REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND MEMBERS OF THE ORGANIZATION (EMPLOYEES, STUDENTS) ARE COVERED. THE GOVERNANCE COMMITTEE REVIEWS FOR THE BOARD AND SPECIAL ATTENTION IS PAID WHEN NEW TRUSTEES ARE NOMINATED. THE PRESIDENT REVIEWS THE FACULTY AND STAFF. STUDENT LIFE REVIEWS AND HAS POLICIES AND PRACTICES FOR STUDENT COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF THE PRESIDENT AND OTHER OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY INCLUDE THE REVIEW OF DATA FROM CUPA, YAFFE CO., AND CHRONICLE OF HIGHER EDUCATION COMPARABILITY DATA BY THREE INDEPENDENT DIRECTORS ON THE COMPENSATION COMMITTEE; NO INDEPENDENT CONSULTANTS ARE USED. ONCE THE COMPENSATION COMMITTEE APPROVES THE COMPENSATION, THE FULL BOARD THEN REVIEWS AND APPROVES THEIR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CTU FOUNDATION 11301 SPRINGFIELD LANE LAUREL MD 20708 821932020 MD 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0