2023-05-15T15:25:17-05:00 2022-06-30 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2021-07-01 042103589 LESLEY UNIVERSITY LESL 6173498500 29 EVERETT STREET CAMBRIDGE MA 021382790 JANET STEINMAYER PRESIDENT 6173498500 2023-05-15 1 JANET STEINMAYER 999009999 BRENDA L BOOTH P01342395 6177610600 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JANET STEINMAYER 29 EVERETT STREET CAMBRIDGE MA 021382790 164133709 0 X WWW.LESLEY.EDU X 1909 MA LESLEY UNIVERSITY ENGAGES STUDENTS IN TRANSFORMATIVE EDUCATION THROUGH ACTIVE LEARNING, SCHOLARLY RESEARCH, DIVERSE FORMS OF ARTISTIC EXPRESSION, AND THE INTEGRATION OF RIGOROUS ACADEMICS WITH PRACTICAL, PROFESSIONAL EXPERIENCE, LEADING TO MEANINGFUL CAREERS AND CONTINUING LIFELONG LEARNING. LESLEY PREPARES SOCIALLY RESPONSIBLE GRADUATES WITH THE KNOWLEDGE, SKILLS, UNDERSTANDING AND ETHICAL JUDGMENT TO BE CATALYSTS SHAPING A MORE JUST, HUMANE, AND SUSTAINABLE WORLD. 21 20 1087 23 170434 0 25676649 13123975 73338884 86892400 24885564 11826497 3043254 2328455 126944351 114171327 21270455 22929732 0 0 56515915 58941706 0 0 957635 30618694 38224963 108405064 120096401 18539287 -5925074 459682175 422988983 156058314 159140630 303623861 263848353 X LESLEY UNIVERSITY ENGAGES STUDENTS IN TRANSFORMATIVE EDUCATION THROUGH ACTIVE LEARNING, SCHOLARLY RESEARCH, DIVERSE FORMS OF ARTISTIC EXPRESSION, AND THE INTEGRATION OF RIGOROUS ACADEMICS WITH PRACTICAL, PROFESSIONAL EXPERIENCE, LEADING TO MEANINGFUL CAREERS AND CONTINUING LIFELONG LEARNING. LESLEY PREPARES SOCIALLY RESPONSIBLE GRADUATES WITH THE KNOWLEDGE, SKILLS, UNDERSTANDING AND ETHICAL JUDGMENT TO BE CATALYSTS SHAPING A MORE JUST, HUMANE, AND SUSTAINABLE WORLD. 0 0 39424570 86892400 EXPENSES RELATED TO INSTRUCTING FULL TIME AND PART TIME STUDENTS: THE UNIVERSITY IS HOME TO A NUMBER OF IMPORTANT CENTERS AND INSTITUTES THAT CONDUCT RESEARCH, HELP SHAPE PUBLIC POLICY, AND PROVIDE CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES ACROSS A WIDE RANGE OF DISCIPLINES INCLUDING:*MATH *SPECIAL EDUCATION *LITERACY*CENTER FOR ADULT LEARNERSAT A GLANCE:*FOUNDED: 1909 *TOTAL ENROLLMENT: 5,330*UNDERGRADUATES: 2,063*MASTER'S, C.A.G.S., PH.D. STUDENTS: 3,267*TOTAL ALUMNI: 91,148*CAMPUS LOCATIONS: *CAMBRIDGE, MA LESLEY UNIVERSITY ACADEMICS:*UNDERGRADUATE STUDY:-LESLEY UNIVERSITY COLLEGE OF ART AND DESIGN (LA+D)-COLLEGE OF LIBERAL ARTS AND SCIENCES (CLAS)-LESLEY CENTER FOR ADULT LEARNING (LCAL)*GRADUATE STUDY: -COURSES + PROGRAMS IN CAMBRIDGE -PROGRAMS OFFERED THROUGHOUT THE US -ONLINE COURSES + PROGRAMS*UNIQUE PROGRAM FORMATS *CENTERS + INSTITUTES *CONTINUING EDUCATION + PROFESSIONAL DEVELOPMENT *THRESHOLD NON-DEGREE PROGRAM*ACCREDITATION: -NEW ENGLAND COMMISSION OF HIGHER EDUCATION-NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN 12794468 EXPENSES RELATED TO ACADEMIC SUPPORT WHICH INCLUDES THE EXPENSES FOR THE LIBRARY, DEAN OF STUDENTS, VARIOUS ACADEMIC DEANS AND OTHER ACADEMIC SUPPORT. ALSO, EXPENSES RELATED TO RESEARCH AND GENERAL INSTITUTIONAL OPERATIONS. 22929732 22929732 EXPENSES RELATED TO FINANCIAL AID FOR STUDENTS:THE PURPOSE OF FINANCIAL AID IS TO HELP YOU ATTAIN YOUR GOAL OF A LESLEY UNIVERSITY EDUCATION, BY OFFERING FINANCIAL ASSISTANCE IN THE FORM OF GRANTS, LOANS, AND STUDENT WORK OPPORTUNITIES. 10542301 EXPENSES RELATED TO SERVICES PROVIDED TO THE STUDENT BODY, INCLUDING COUNSELING, CAREER GUIDANCE, ADMISSIONS, REGISTRAR, STUDENT ACTIVITIES, AND HEALTH SERVICES AS WELL AS EXPENSES RELATED TO ATHLETIC PROGRAMS. 6701290 283831 AUXILIARY ENTERPRISES 17243591 283831 92392361 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 955 0 1 1087 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X JANET STEINMAYER PRESIDENT 6173498500 29 EVERETT STREET CAMBRIDGE MA 021382790 JANET STEINMAYER PRESIDENT 40.00 X X 535271 0 28690 MR HANS D STRAUCH TRUSTEE, CHAIR 1.00 X X 0 0 0 MS JUANITA JAMES TRUSTEE, VICE CHAIR 1.00 X X 0 0 0 MS BARBARA WEINSTEIN RUSSELL TRUSTEE, VICE CHAIR 1.00 X X 0 0 0 MR HAL BELODOFF TRUSTEE, TREASURER 1.00 X X 0 0 0 MS LORING LOW STEVENS TRUSTEE, CLERK 1.00 X X 0 0 0 MR ART BARDIGE TRUSTEE 1.00 X 0 0 0 MRS KAREN COTTON CHAPLIN TRUSTEE 1.00 X 0 0 0 MS SUSAN LUICK GOOD TRUSTEE 1.00 X 0 0 0 MS NINA HOUGHTON TRUSTEE 1.00 X 0 0 0 MS LYNDA LEE SHERIDAN TRUSTEE 1.00 X 0 0 0 MR ROGER LOWENSTEIN TRUSTEE 1.00 X 0 0 0 MR DAVID B SMITH TRUSTEE 1.00 X 0 0 0 MR DAVID I NEWTON TRUSTEE 1.00 X 0 0 0 MS MICHELLE NADEAU O'BRIEN TRUSTEE 1.00 X 0 0 0 MS ALLENE RUSSELL PIERSON TRUSTEE 1.00 X 0 0 0 MRS DEBORAH SCHWARTZ RAIZES TRUSTEE 1.00 X 0 0 0 MR THOMAS N RILEY TRUSTEE 1.00 X 0 0 0 MS KAREN A KAMES TRUSTEE 1.00 X 0 0 0 MR CHRISTOPHER S GAFFNEY TRUSTEE (UNTIL 9/21) 1.00 X 0 0 0 VERONICA OHANIAN HEATH TRUSTEE 1.00 X 0 0 0 GEORGETTE CHAPMAN PHILIPS TRUSTEE 1.00 X 0 0 0 JONATHAN K JEFFERSON PROVOST 40.00 X 288367 0 20655 SHIRIN PHILIPP VP & GENERAL COUNSEL 40.00 X 228178 0 37537 MARY JANE MACLAUGHLIN CHIEF HR OFFICER 40.00 X 220630 0 34441 JOANNE KOSSUTH COO 40.00 X 197701 0 32166 KATHY MCWEY ASSISTANT CLERK 40.00 X 70221 0 22967 DIANE KIMBALL VP OF FINANCE/CFO 40.00 X 62037 0 6756 MARY PATRICIA LOHSE VP STRATEGY & IMPLEMENTATION 40.00 X 216920 0 42726 JONATHAN PAUL EXECUTIVE DIRECTOR 40.00 X 211408 0 15014 AMY E RUTSTEIN-RILEY DEAN OF GSOE 40.00 X 177384 0 26585 NATHANIEL G MAYS DEAN OF STUDENTS 40.00 X 186410 0 15743 DARRYL JELLEY CHIEF MARKETING OFFICER 40.00 X 172702 0 24799 STEVEN S SHAPIRO DEAN OF CLAS 40.00 X 168074 0 24934 SANDRA WALKER DEAN OF GSASS 40.00 X 169203 0 20929 AMY DEINES DEAN OF LA+D 40.00 X 201585 0 26583 IRENE FOUNTAS DIRECTOR READING RECOVERY 40.00 X 184334 0 20897 TANA A BOONE AVP OF FINANCE 40.00 X 204000 0 22113 CHRISTOPHER JAMES PROFESSOR 40.00 X 192792 0 29095 JENNIFER SEROWICK AVP OF INTERCONNECT STUDENT SUPPORT 40.00 X 153156 0 32518 MICHELE FORINASH PROFESSOR 40.00 X 155868 0 11097 THOMAS PISTORINO FORMER VP OF FINANCE/CFO 40.00 X 246522 0 9687 MARYLOU BATT FORMER VP OF ADMINISTRATION 40.00 X 181501 0 0 4424264 0 505932 174 1 1 0 CENTERBROOK ARCHITECTS AND PLANNERS LLP PO BOX 955 CENTERBROOK CT 064090955 ARCHITECTURAL SERVICES 3317653 UG2 LLC ONE INTERNATIONAL PLACE THIRD FLOO BOSTON MA 02110 FACILITY MANAGEMENT 2942857 AVAAP USA LLC 1400 GOOODALE BLVD SUITE 100 COLUMBUS OH 43212 TECHNOLOGY CONSULTING 1054235 ELLUCIAN COMPANY LP 4 COUNTRY VIEW RD MALVERN PA 193554308 IT SERVICES 520943 LITTLER MENDELSON PC PO BOX 207137 DALLAS TX 753207137 LEGAL SERVICES 433306 19 8748254 4375721 24263 13123975 TUITION AND FEES 900099 86892400 86892400 86892400 361728 147597 214131 3608620 1586833 2021787 2021787 2021787 54664033 5176285 47105418 1270131 7558615 3906154 11464769 11464769 OTHER INCOME 900099 283831 283831 PARKING LOT INCOME 812930 22837 22837 306668 114171327 87176231 170434 13700687 22929732 22929732 3915258 1098513 2743536 73209 44016464 37760281 5654160 602023 2499684 2075984 380825 42875 5143041 4147878 892086 103077 3367259 2888661 432543 46055 140861 140861 142800 142800 44925 44925 1031553 1031553 830580 822919 7661 710960 258122 451296 1542 3105925 38526 3067399 1997001 1834971 160383 1647 479837 254151 218926 6760 72608 62036 10572 4761946 2071185 2690761 7572802 3435254 4137548 197081 867 196214 FOOD SERVICE 3350015 3350015 CUSTODIAL CONTRACTS 3160115 3160115 TEMP AGENCY PAYMENTS 2543577 1549728 993849 SECURITY CONTRACTS 575413 575413 7506964 4078010 3348507 80447 120096401 92392361 26746405 957635 5133170 2959579 1571508 1359101 4154560 2203784 14444758 17912649 1026601 887130 1207053 1882573 306482706 103854024 202972454 202628682 70352549 52085934 154624620 133342806 4194902 7726745 459682175 422988983 13801499 15142030 1026815 808992 8505774 9536130 121256332 117835902 9950000 14645200 1517894 1172376 156058314 159140630 X 261595747 225812644 42028114 38035709 303623861 263848353 459682175 422988983 -5925074 -33850434 0 X 0 1 X 1 1 1 X 4575761 5364054 5657150 25676649 13123975 54397589 4575761 5364054 5657150 25676649 13123975 54397589 2100040 52297549 6436347 7010280 6653876 5127055 4151181 29378739 336351 504844 44602 153324 147597 1186718 35970 35970 84999016 466348698 0.61530 X FORM 990, SCHEDULE A, PART II: THE BASIS OF LESLEY UNIVERSITY'S PUBLIC CHARITY STATUS HAS BEEN AND CONTINUES TO BE ITS QUALIFICATION AS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II). THE ORGANIZATION HAS COMPLETED SCHEDULE A, PART II IN ORDER TO DEMONSTRATE ITS QUALIFICATION TO FOLLOW THE SPECIAL RULE FOR ABBREVIATED REPORTING OF CONTRIBUTIONS ON FORM 990, SCHEDULE B. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 44925 44925 0 PART II-B, LINE 1: THE UNIVERSITY PAID POLITICAL ADVANTAGE, LLC $44,925 FOR STATE SUPPORT OF READING RECOVERY PROJECTS. 225475609 2448309 -27320284 15376489 185227145 186239101 1534696 49134801 11432989 225475609 187972289 646066 8841975 11221229 186239101 188811832 5640882 7052040 491297 13041168 187972289 185685654 782375 15370188 428579 12597806 188811832 0.83540 0.16460 0.00000 0 0 28742371 28742371 144609073 40366477 104242596 103244937 43951374 59293563 25815078 19536173 6278905 4071247 4071247 202628682 INTERNATIONAL EQUITIES 80858895 F PRIVATE REAL ASSETS 13241423 F PRIVATE EQUITIES 28239118 F FIXED INCOME 11003370 F 133342806 OBLIGATION TO EMPLOYEES FOR RETIREMENT 1172376 1172376 X 80876173 -33850434 1586833 -32263601 113139774 1031553 1031553 114171327 120651681 1586833 1586833 119064848 1031553 1031553 120096401 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 90 INDIVIDUAL FUNDS WHICH ARE INVESTED AND ADMINISTERED IN ACCORDANCE WITH DONOR STIPULATION. THE BOARD ALSO INVESTS CERTAIN FUNDS AS IF THEY ARE ENDOWMENT, HOWEVER THOSE ARE SUBJECT TO BOARD OVERSIGHT RATHER THAN STATE LAW. THE UNIVERSITY TRACKS THE VALUE OF ORIGINAL GIFTS TO ITS ENDOWMENT TYPE FUNDS AS WELL AS THE APPRECIATION OVER TIME, LESS ANY SPENDING UNDER ITS SPENDING POLICIES. SUCH APPRECIATION FOLLOWS THE ORIGINAL GIFT INSTRUMENT THAT UNDERLIES THE RELATED FUNDS. THE UNIVERSITY'S INVESTMENTS ARE MANAGED IN ACCORDANCE WITH SOUND PRACTICES EMPHASIZING LONG-TERM FUNDAMENTALS TO ACHIEVE LONG-TERM RATES OF RETURN, TO MAINTAIN PURCHASING POWER OF THE FUNDS, AND TO PROVIDE FOR CURRENT SPENDING. INVESTMENTS ARE DIVERSIFIED TO REDUCE VOLATILITY AND RISK ASSOCIATED WITH CONCENTRATED POSITIONS, AND RETURNS SOUGHT ARE THOSE COMPARING FAVORABLY TO OTHER ENDOWMENTS, FOUNDATIONS AND APPROPRIATE BENCHMARKS. PORTFOLIO VOLATILITY IS INTENDED TO APPROXIMATE THE WEIGHTED COMPOSITE OF MARKET INDICES CORRELATING WITH THE POLICY TARGET PORTFOLIO, PERIODICALLY ADJUSTED FOR MARKET CONDITIONS. A DIVERSIFIED TARGET ASSET ALLOCATION PLACES EMPHASIS ON EQUITIES, FIXED INCOME, REAL ESTATE AND MANAGERS EMPLOYING MULTI-ASSET AND ABSOLUTE RETURN STRATEGIES. PART X, LINE 2: THE UNIVERSITY ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE UNIVERSITY HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATIONS AS TO WHAT INCOME IS RELATED AND UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE UNIVERSITY HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE UNIVERSITY IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE UNIVERSITY'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,586,833. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,586,833. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 LESLEY UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY IS WIDELY PUBLICIZED THROUGH A VARIETY OF PRINT AND ELECTRONIC MEDIA. THE NOTIFICATION LANGUAGE SET FORTH IN SECTION 403 OF REV. PROC. 75-50 IS INCLUDED IN LESLEY'S BROCHURES AND OTHER PUBLICATIONS WHICH ARE AVAILABLE TO THE GENERAL PUBLIC. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY AND ITS STUDENTS PARTICIPATE IN FINANCIAL AID AND ASSISTANCE FROM THE FEDERAL GOVERNMENT IN THE FORM OF FEDERAL PROGRAMS AND GRANTS ADMINISTERED BY THE DEPARTMENT OF EDUCATION. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTING 6210629 NORTH AMERICA 0 0 INVESTING 11412821 0 0 0 0 0 0 17623450 0 17623450 1 0 1 1 1 0 PART III ACCOUNTING METHOD: 1 SCHOLARSHIPS 2457 19773943 FMV SCHOLARSHIPS ARE GIVEN OUT AS BURSAR CREDITS TO THE STUDENT'S ACCOUNT. HEERF FUNDS 1634 3155789 FMV PART I, LINE 2: ALL GRANTS PROVIDED BY THE UNIVERSITY ARE FOR FINANCIAL AID TO STUDENTS. GRANTS AND OTHER ASSISTANCE ARE RELATED TO INSTITUTIONAL FINANCIAL AID FOR WHICH STUDENTS APPLY THROUGH THE FINANCIAL AID OFFICE. ALL AID IS AWARDED BASED ON CERTAIN GUIDELINES AND IS CREDITED DIRECTLY TO STUDENTS' TUITION ACCOUNTS. ALL AWARDS ARE DIRECTLY RELATED TO THE STUDENTS' EDUCATION AT THE INSTITUTION'S PHYSICAL LOCATION AND ONLINE COURSES. STUDENTS ARE REQUIRED TO MAINTAIN SATISFACTORY ACADEMIC PROGRESS IN ORDER TO CONTINUE TO RECEIVE FINANCIAL AID. X X 1 1 X X X X X X 1 0 0 0 0 0 0 1 0 JANET STEINMAYER PRESIDENT 533692 0 0 0 1579 0 20300 0 8390 0 563961 0 0 0 JONATHAN K JEFFERSON PROVOST 276783 0 10000 0 1584 0 20655 0 0 0 309022 0 0 0 SHIRIN PHILIPP VP & GENERAL COUNSEL 227687 0 0 0 491 0 37051 0 486 0 265715 0 0 0 MARY PATRICIA LOHSE VP STRATEGY & IMPLEMENTATION 216600 0 0 0 320 0 18215 0 24511 0 259646 0 0 0 THOMAS PISTORINO FORMER VP OF FINANCE/CFO 68708 0 0 0 177814 0 0 0 9687 0 256209 0 0 0 MARY JANE MACLAUGHLIN CHIEF HR OFFICER 219722 0 0 0 908 0 15813 0 18628 0 255071 0 0 0 JOANNE KOSSUTH COO 196471 0 0 0 1230 0 14564 0 17602 0 229867 0 0 0 AMY DEINES DEAN OF LA+D 201146 0 0 0 439 0 6242 0 20341 0 228168 0 0 0 JONATHAN PAUL EXECUTIVE DIRECTOR 211215 0 0 0 193 0 14438 0 576 0 226422 0 0 0 TANA A BOONE AVP OF FINANCE 203723 0 0 0 277 0 22113 0 0 0 226113 0 0 0 CHRISTOPHER JAMES PROFESSOR 192199 0 0 0 593 0 16183 0 12912 0 221887 0 0 0 IRENE FOUNTAS DIRECTOR READING RECOVERY 183197 0 0 0 1137 0 15202 0 5695 0 205231 0 0 0 AMY E RUTSTEIN-RILEY DEAN OF GSOE 176687 0 0 0 697 0 14793 0 11792 0 203969 0 0 0 NATHANIEL G MAYS DEAN OF STUDENTS 185698 0 0 0 712 0 14982 0 761 0 202153 0 0 0 DARRYL JELLEY CHIEF MARKETING OFFICER 172011 0 0 0 691 0 0 0 24799 0 197501 0 0 0 STEVEN S SHAPIRO DEAN OF CLAS 167393 0 0 0 681 0 13143 0 11791 0 193008 0 0 0 SANDRA WALKER DEAN OF GSASS 168842 0 0 0 361 0 12372 0 8557 0 190132 0 0 0 JENNIFER SEROWICK AVP OF INTERCONNECT STUDENT SUPPORT 152872 0 0 0 284 0 23083 0 9435 0 185674 0 0 0 MARYLOU BATT FORMER VP OF ADMINISTRATION 0 0 0 0 181501 0 0 0 0 0 181501 0 0 0 MICHELE FORINASH PROFESSOR 154664 0 0 0 1204 0 444 0 10653 0 166965 0 0 0 PART I, LINE 1A THE PRESIDENT RESIDES IN UNIVERSITY-OWNED HOUSING, WHICH IS ON THE SOUTH CAMPUS. BY LOCATING HER IN CLOSE PROXIMITY TO THE UNIVERSITY, IT HELPS TO MAKE THE PRESIDENT AVAILABLE FOR THE DAILY INTERACTION BETWEEN THE COMMUNITY AND THE UNIVERSITY STAFF/STUDENTS/ALUMNI/DONORS AND PHYSICAL PLANTS. THE UNIVERSITY-PROVIDED HOUSING IS GEOGRAPHICALLY INTEGRATED WITH THE UNIVERSITY'S EDUCATIONAL PROPERTY. THE PRESIDENT PERFORMS MANY UNIVERSITY TASKS AND FUNCTIONS AT THE RESIDENCE. THE RESIDENCE IS FURNISHED FOR THE CONVENIENCE OF THE UNIVERSITY AND IS REQUIRED TO BE OCCUPIED BY THE PRESIDENT AS A CONDITION OF HER EMPLOYMENT. AS THE UNIVERSITY'S PRINCIPAL FUND-RAISER, THE PRESIDENT ENTERTAINS ACTUAL OR POTENTIAL BENEFACTORS, VISITING DIGNITARIES AND COMMUNITY LEADERS IN THE RESIDENCE. THE HEAVINESS OF THE PRESIDENT'S ADMINISTRATIVE WORKLOAD, THE PRESENCE OF UNIVERSITY-RELATED SOCIAL FUNCTIONS AND THE NUMBER OF CONFERENCES SCHEDULED WITH STUDENTS OR FACULTY MEMBERS REQUIRE ACCESS TO THE MAJORITY OF THE RESIDENCE. IN ADDITION, THE UNIVERSITY CONDUCTS OTHER EVENTS THAT ARE ESSENTIAL TO ITS EDUCATIONAL EXEMPTION. IN LIEU OF THE AFOREMENTIONED INTRICACIES OF MULTIPLE USES BY MANY MULTIPLE PARTIES INVOLVED, IT IS IMPRACTICAL AND WOULD NOT BE CONSIDERED AN ACCURATE CALCULATION OF THE FAIR MARKET VALUE OF QUALIFIED CAMPUS LODGING FURNISHED TO THE PRESIDENT. DUE TO THESE FACTORS, THE UNIVERSITY HAS DECIDED TO OMIT ENTERING THE ESTIMATED AMOUNT OF TAX FREE HOUSING ALLOWANCE PROVIDED IN COLUMN F OF FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II, COLUMN D - "NONTAXABLE BENEFITS". THE UNIVERSITY PROVIDES A HOUSE CLEANER FOR THE PRESIDENT AND ALSO PERFORMS ALL NECESSARY MAINTENANCE ON THE HOME. PART I, LINE 4A MARY LOU BATT RECEIVED A SEVERANCE PAYMENT OF $181,501 IN CALENDAR 2021. THOMAS PISTORINO RECEIVED A SEVERANCE PAYMENT OF $177,316 IN CALENDAR 2021. PART I, LINE 7 JONATHAN JEFFERSON RECEIVED A DISCRETIONARY BONUS IN CALENDAR 2021. A MASS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 042456011 57586EGP0 2009-03-10 56221393 FUND NEW CAPITAL PROJECTS 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY 043431814 57583R7Z2 2011-03-30 32013314 REFINANCE EXISTING DEBT AND FUND NEW CAPITAL PROJECTS 0 0 0 C MASS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2012-08-20 5030300 REFINANCE EXISTING DEBT 0 0 0 D MASS DEVELOPMENT FINANCE AGENCY 043431814 57584XVS7 2016-09-13 45905000 REFINANCE EXISTING DEBT AND FUND NEW CAPITAL PROJECTS 0 0 0 A 54313641 56221393 1133826 24146 611025 827429 49848618 28687 2010 0 0 1 1 B 32013314 1606958 -49929 497603 500819 3872932 1672796 2013 0 1 1 1 C 5030300 428 2012 0 1 1 1 D 55979787 18717 53211326 544696 5053413 0 1 1 1 A 0 0 0 0 0.01310 0.01310 0 0 1 B 0 0 0 0 0.03020 0.03020 0 0 1 C 0 0 0 0 0.00250 0.00250 0 0 1 D 0 0 0 0 0.01140 0.01140 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASS. HEALTH AND EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2017 ISSUER NAME: MASS. DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2017 A MASS DEVELOPMENT FINANCE AGENCY 043431815 575844CC1 2017-12-27 9905000 REFINANCE EXISTING DEBT 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY 043431814 57584YTV1 2019-08-02 30510625 REFINANCE EXISITING DEBT AND FUND NEW CAPITAL PROJECTS 0 0 0 A 11243556 252142 10991414 0 0 1 1 B 24205897 30510625 304728 6000000 0 1 0 1 A 0 0 0 0 0.02250 0.02250 0 0 1 B 0 0 0 0 0.01310 0.01310 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 0 A 1 B 1 LINE 4A CONTINUATION: CORE VALUES INQUIRY: LESLEY UNIVERSITY IS DEVOTED TO ACADEMIC EXCELLENCE THROUGH ACTIVE TEACHING, ENGAGED LEARNING, AND INDIVIDUAL STUDENT DEVELOPMENT. WE DESIGN AND DELIVER INNOVATIVE, INTERDISCIPLINARY ACADEMIC PROGRAMS THAT VALUE INSPIRED TEACHERS, CURIOUS LEARNERS, RELEVANT SCHOLARSHIP, AND REAL-LIFE APPLICATION. COMMUNITY: LEARNING IS AN INDIVIDUAL AND COLLECTIVE ENDEAVOR THAT INVOLVES STUDENTS, EDUCATORS, FAMILIES, AND COMMUNITIES. WE BELIEVE IN THE POWER OF COLLABORATION AND ITS IMPACT ON PERSONAL AND SOCIAL DEVELOPMENT. DIVERSITY: OUR COMMUNITY RESPECTS, VALUES, AND BENEFITS FROM THE INDIVIDUAL, DEMOGRAPHIC AND CULTURAL DIFFERENCES OF OUR STUDENTS, FACULTY, AND STAFF. AS AN ACADEMIC COMMUNITY, OUR CREATIVITY, CRITICAL THINKING, AND PROBLEM-SOLVING APPROACHES ARE SHAPED BY THIS DIVERSITY. THROUGH THEIR VARIED LEARNING EXPERIENCES, LESLEY STUDENTS DEVELOP THE TOOLS TO EFFECTIVELY INTERACT WITH DIVERSE POPULATIONS AND STRIVE FOR SOCIAL JUSTICE AND EQUITY. CITIZENSHIP: HIGHER EDUCATIONAL INSTITUTIONS HAVE A RESPONSIBILITY TO PREPARE THEIR GRADUATES TO PARTICIPATE IN THE CULTURAL, POLITICAL AND ECONOMIC LIFE OF THEIR COMMUNITY, NATION AND WORLD. THIS DEMOCRATIC IDEAL IS REFLECTED IN LESLEY'S ACADEMIC ENVIRONMENT THAT ENCOURAGES SCHOLARSHIP, FREEDOM OF EXPRESSION, AND THE OPEN EXCHANGE OF IDEAS. FORM 990, PART VI, SECTION B, LINE 11B ONCE MANAGEMENT REVIEWS THE 990, IT IS FORWARDED TO THE AUDIT COMMITTEE FOR REVIEW. IT IS ALSO PLACED ON A SECURE WEBSITE FOR ALL THE TRUSTEES TO REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, EACH MEMBER OF THE BOARD OF TRUSTEES, ALL OFFICERS AND EACH KEY EMPLOYEE IS ASKED TO REVIEW THE UNIVERSITY'S CONFLICT OF INTEREST POLICY AND SUBMIT A DISCLOSURE STATEMENT REGARDING ANY CONFLICTS OF INTEREST THEY MAY HAVE. NEW TRUSTEES AND KEY EMPLOYEES ARE ASKED TO REVIEW THE POLICY AND SUBMIT A DISCLOSURE STATEMENT REGARDING ANY CONFLICTS OF INTEREST THEY MAY HAVE UPON COMMENCEMENT OF THEIR TERM OR THEIR EMPLOYMENT. THE ASSISTANT CLERK COLLECTS THE DISCLOSURE STATEMENTS. THE POLICY DESCRIBES A PROCESS FOR THE REVIEW OF POTENTIAL AND ACTUAL CONFLICTS OF INTEREST BY THE BOARD OF TRUSTEES OR A COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A PRESIDENT STEINMAYER'S EMPLOYMENT AGREEMENT AND COMPENSATION WERE REVIEWED AND APPROVED IN ADVANCE BY THE INDEPENDENT MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. IN MAKING ITS DECISION, THE BOARD OF TRUSTEES REVIEWED COMPARABILITY DATA PROVIDED BY A THIRD- PARTY COMPENSATION CONSULTANT. THE BOARD'S DECISION WAS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. OUR FORMS 990 (CURRENT AND PRIOR THREE YEARS) ARE ALSO AVAILABLE ON THE OFFICIAL WEBSITE OF THE ATTORNEY GENERAL OF MASSACHUSETTS AT WWW.CHARITIES.AGO.STATE.MA.US AND GUIDESTAR AT WWW2.GUIDESTAR.ORG. WE ALSO MAKE OUR FORM 990, IRS DETERMINATION LETTER, FORM 990-T, ARTICLES OF ORGANIZATION, AND BYLAWS AVAILABLE TO THE PUBLIC UPON REQUEST. OUR AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE OFFICIAL WEBSITE OF THE ATTORNEY GENERAL OF MASSACHUSETTS AT WWW.CHARITIES.AGO.STATE.MA.US. AUDITED FINANCIAL STATEMENTS AND SUMMARY REPORTS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AT HTTPS://LESLEY.EDU/ABOUT/ACCREDITATIONS-LICENSURE-STATE-APPROVALS