2025-05-13T08:46:05-05:00 2024-06-30 263753134 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2023-07-01 042103629 SIMMONS UNIVERSITY SIMM 6175213593 300 THE FENWAY BOSTON MA 02115 MEGHAN E KASS VP, CFO & TREASURER 6175213593 2025-05-13 1 1 BRENDA L BOOTH P01342395 6178075000 2025-05-13 2023 2025-03-06 01:10:19Z LYNN PERRY WOOTEN 300 THE FENWAY BOSTON MA 02115 269321304 0 X WWW.SIMMONS.EDU X 1899 MA TO PROVIDE TRANSFORMATIVE LEARNING THAT LINKS PASSION AND LIFELONG PURPOSE. 23 22 2489 760 3132566 1033731 13944592 16860111 198677032 179405590 6971019 17806953 5377322 6431424 224969965 220504078 60071953 60849395 0 0 79427891 74276361 0 0 2550061 99206852 91481770 238706696 226607526 -13736731 -6103448 555475518 565498206 313701010 314101250 241774508 251396956 X TO PROVIDE TRANSFORMATIVE LEARNING THAT LINKS PASSION AND LIFELONG PURPOSE. 0 0 72433849 50309977 74999876 INSTRUCTION - UNDERGRADUATE PROGRAMS: SIMMONS IS A PRIVATE, NONSECTARIAN INSTITUTION LOCATED IN BOSTON'S FENWAY AREA, AND CURRENTLY SERVES 2,200 UNDERGRADUATE INDIVIDUALS WHO WERE ASSIGNED FEMALE AT BIRTH, SELF-IDENTIFY AS WOMEN, OR DO NOT FIT INTO THE GENDER BINARY BUTWHO FEEL THEY BELONG IN A COMMUNITY OF WOMEN. DURING THE 2024 ACADEMIC YEAR, THE UNIVERSITY CONFERRED 909 BACCALAUREATE DEGREES. INSTRUCTION INCLUDES EXPENDITURES FOR THE UNDERGRADUATE PROGRAM, INCLUDING THE ONLINE PROGRAM FOR ADULT LEARNERS, AS WELL AS FINANCIAL AID PROVIDED BY THE UNIVERSITY TO STUDENTS IN THE FORM OF SCHOLARSHIPS AND GRANTS. APPROXIMATELY 95% OF UNDERGRADUATES RECEIVED FINANCIAL AID IN THE FORM OF SCHOLARSHIPS OR GRANTS FROM THE UNIVERSITY. 60578808 10145107 80867250 INSTRUCTION - GRADUATE PROGRAMS: SIMMONS CURRENTLY SERVES 2,800 STUDENTS IN GRADUATE PROGRAMS AT THE MASTER AND DOCTORAL LEVELS. THE UNIVERSITY'S GRADUATE PROGRAMS ARE CO-EDUCATIONAL. THESE PROGRAMS ARE HOUSED IN THE COLLEGE OF ORGANIZATIONAL, COMPUTATIONAL, AND INFORMATION SCIENCES (LIBRARY AND INFORMATION SCIENCE AND BUSINESS), COLLEGE OF SOCIAL SCIENCES, POLICY, AND PRACTICE (SOCIAL WORK AND PUBLIC POLICY), THE COLLEGE OF NATURAL, BEHAVIORAL, AND HEALTH SCIENCES (BEHAVIORAL ANALYSIS, HEALTH PROFESSIONS EDUCATION, NURSING, NUTRITION, PHYSICALTHERAPY) AND IN THE GWEN IFILL COLLEGE OF MEDIA, ARTS AND HUMANITIES (CHILDREN'S LITERATURE, GENDER AND SOCIAL STUDIES, HISTORY). THE UNIVERSITY OFFERS ONLINE PROGRAMS IN NURSING, SOCIAL WORK, BEHAVIORAL ANALYSIS, AND PUBLIC HEALTH REACHING ALL FIFTY STATES, THE DISTRICT OF COLUMBIA AND CANADA. DURING THE 2024 ACADEMIC YEAR, THE UNIVERSITY CONFERRED 1,219 GRADUATE DEGREES AND CERTIFICATES. INSTRUCTION INCLUDES EXPENDITURES FOR THE GRADUATE PROGRAMS AS WELL AS FINANCIAL AID. 58595734 394311 23519034 ACADEMIC SUPPORT AND STUDENT SERVICES - INCLUDES EXPENDITURES FOR ACTIVITIES THAT SUPPORT AND ENHANCE THE STUDENT'S EDUCATION, AS WELL AS CONTRIBUTE TO THEIR EMOTIONAL AND PHYSICAL WELL-BEING. INCLUDED IN THIS CATEGORY IS THE UNIVERSITY LIBRARY WHICH HOUSES OVER 146,617 PRINTVOLUMES, SUBSCRIBES TO AND/OR PROVIDES ACCESS TO 142,148 E-JOURNALS, 255,435 E-BOOKS, AND 122 ELECTRONIC DATABASES FOR ARTICLES, REFERENCE CONTENT, STATISTICS AND BEYOND. ALSO INCLUDED IN THIS CATEGORY IS THE UNIVERSITY'S HEALTH CENTER WHOSE STAFF HANDLED 2,573 STUDENT/PATIENT VISITS DURING FISCAL YEAR 2024. ANOTHER COMPONENT OF THIS CATEGORY IS THE CAREER EDUCATION CENTER WHICH HAD 1,813 STUDENT CONTACTS DURING FISCAL YEAR 2024 THROUGH MULTIPLE CHANNELS. 191608391 1 1 0 1 0 0 0 1 1 1 1 1 0 1 1 1 1 0 1 0 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 183 0 1 2489 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 22 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA AK CO DC KY MD MI NV NH NY OH OK OR PA SC WA WI X JEFFREY PINKHAM 6175212010 300 THE FENWAY BOSTON MA 02115 LYNN PERRY WOOTEN PRESIDENT 40.00 X X 540437 0 120185 MEGHAN KASS VP, CHIEF FIN. OFF., TREASURER 40.00 X 286256 0 53748 BETH KRAMER VP, CHIEF DEVELOPMENT OFFICER 40.00 X 288299 0 39760 SUSAN BRADY CEO, INST. FOR INCLUSIVE LEADERSHIP 40.00 X 310211 0 15516 STEPHANIE COSNER VICE PROVOST (PROVOST EFF 1/1/24) 40.00 X 275674 0 47485 GRETCHEN GROGGEL RALSTON VP, GEN. COUNC. & SECR. OF BD 40.00 X 257383 0 56087 KERRI BROPHY VP, ENROLLMENT MANAGEMENT 40.00 X 219703 0 48059 HEATHER SHLOSSER DEAN, SCHOOL OF NURSING 40.00 X 220140 0 45834 CATE MCLAUGHLIN ASSOC VP, CAMPAIGN PLAN./MAJ. GIFTS (UNTIL 2-14-24 40.00 X 218967 0 44552 LAURA BRINK PISINSKI VP, REAL EST. DEV. & FACIL. MGMT 40.00 X 224528 0 24292 DIANE GROSSMAN INTERIM DEAN OF IFILL COLLEGE 40.00 X 223826 0 11790 SUZANNE MURPHY VP,CHIEF PEOPLE OFFICER (UNTIL 11/22) 40.00 X 184415 0 0 WILLIAM BELLAMY TRUSTEE 1.00 X 0 0 0 JANE BUYERS TRUSTEE, COMMITTEE CHAIR 5.00 X 0 0 0 AGENIA CLARK TRUSTEE, COMMITTEE CHAIR 5.00 X 0 0 0 BARBARA LATZ COHEN TRUSTEE 1.00 X 0 0 0 DENISE COLL TRUSTEE, COMMITTEE CHAIR 5.00 X 0 0 0 PATRICIA D'AMORE TRUSTEE 1.00 X 0 0 0 TIFFANY DUFU TRUSTEE 1.00 X 0 0 0 JENNIFER ECKERT CLERK, TRUSTEE 5.00 X X 0 0 0 APRIL EVANS TRUSTEE, COMMITTEE CHAIR 5.00 X 0 0 0 ELIZABETH FENDER TRUSTEE, COMMITTEE CHAIR 5.00 X 0 0 0 DAVID FERRIERO TRUSTEE (AS OF 7/1/23) 1.00 X 0 0 0 MILLICENT GORHAM TRUSTEE, COMMITTEE CHAIR 5.00 X 0 0 0 ROBERTO IFILL VICE CHAIR, TRUSTEE 5.00 X X 0 0 0 JULIE JOHNSON STAPLES TRUSTEE (UNTIL 2/24) 1.00 X 0 0 0 ALIX LAAGER TRUSTEE, COMMITTEE CHAIR 5.00 X 0 0 0 STEVEN LIPINER TRUSTEE (AS OF 2/9/24) 1.00 X 0 0 0 STACY MULLANEY TRUSTEE 1.00 X 0 0 0 REGINA M PISA CHAIR OF THE BOARD, TRUSTEE 10.00 X X 0 0 0 JEFFREY SINGER TRUSTEE, COMMITTEE CHAIR 5.00 X 0 0 0 WILLIAM SPECK TRUSTEE 1.00 X 0 0 0 WINSTON TABB TRUSTEE, COMMITTEE CHAIR 5.00 X 0 0 0 ALISON TAUNTON-RIGBY TRUSTEE 1.00 X 0 0 0 PAMELA J TOULOPOULOS TRUSTEE, COMMITTEE CHAIR 5.00 X 0 0 0 3249839 0 507308 127 1 1 0 2U INC 8201 CORPORATE DRIVE S 900 LANDOVER MD 20785 ONLINE PROGRAM PARTNER 30472768 ARAMARK SERVICES INC PO BOX 978839 DALLAS TX 753978839 FOOD SERVICES 5822719 C&W FACILITY SERVICES INC 275 GROVE STREET SUITE 3-200 AUBURNDALE MA 02466 FACILITIES MGMT. SERVICES 3618436 LEE KENNEDY CO INC 122 QUINCY SHORE DRIVE QUINCY MA 021711906 CONSTRUCTION SERVICES 2445622 WORKDAY INC 6110 STONERIDGE MALL ROAD PLEASANTON CA 94588 FINANCE & HUMAN RESOURCES 1428895 74 2687660 14172451 1215901 16860111 TUITION AND FEES 900099 155867125 155867125 RESIDENCE & DINING 900099 16816075 16816075 AUXILIARY & OTHER OP. REVENUE 900099 6722390 6702960 19430 179405590 5951077 -245434 6196511 6431424 0 6431424 6431424 3358570 3072854 60673102 48817226 11855876 11855876 11855876 220504078 179386160 3132566 21125241 393611 393611 59819786 59819786 635998 635998 1673711 1673711 58868294 52693902 4442169 1732223 2166251 1697992 439185 29074 7241261 948340 6291751 1170 4326844 4326844 251163 134138 117025 206150 206150 745067 745067 2482802 1549150 794647 139005 156041 57970 96792 1279 657503 600738 56321 444 3759650 770431 2869711 119508 7699262 6342055 1356902 305 1491779 1320793 137791 33195 305218 256028 47277 1913 10893537 10159845 733692 16144521 11493674 4362081 288766 1172732 13173 1159559 DISTANCE LEARNING 26579039 26579039 FOOD SERVICE EXPENSE 7246705 6851588 373644 21473 CONTRACTED SERVICES 6730562 4684209 1986949 59404 LIBRARY EXPENSES 1158811 1158176 613 22 3801228 1774044 1904904 122280 226607526 191608391 32449074 2550061 10368312 5544924 9612920 6586569 8755976 8285484 884347 572984 2291890 2881158 489187571 242447421 254415601 246740150 86344796 104602804 139579900 145747907 43221776 44536226 555475518 565498206 16444512 16118786 1333248 1287636 14584367 10304801 273508427 281326370 473208 1003780 7357248 4059877 313701010 314101250 X 48814610 35119157 192959898 216277799 241774508 251396956 555475518 565498206 X -6103448 15394410 331486 X 0 1 X 1 1 1 X 12877179 15134532 29177328 13944592 16860111 87993742 12877179 15134532 29177328 13944592 16860111 87993742 4035907 83957835 7066601 5879372 8461920 11795996 12469299 45673188 133666930 994948728 0.62810 0.66790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1 1 0 PART II-B, LINE 1, LOBBYING ACTIVITIES SIMMONS UNIVERSITY IS A MEMBER OF VARIOUS EDUCATIONAL ASSOCIATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF COLLEGES AND UNIVERSITIES FROM WHICH SIMMONS MAY BENEFIT. SIMMONS UNIVERSITY IS NOT AWARE OF THE ACTUAL AMOUNT OF MEMBER FEES ASSOCIATED WITH SUCH LOBBYING EFFORTS. X X X X 0 0 1 X 225575769 8834569 30363170 4448588 11136692 249188228 212281646 2815874 23022616 4281927 8262440 225575769 244268268 5784421 -26333944 3767769 7669330 212281646 190425355 1395808 63821666 3694628 7679933 244268268 195674424 1797413 4023547 3742274 7327755 190425355 0.22360 0.37320 0.40320 0 0 815000 815000 381970473 161781566 220188907 14246375 5630411 8615964 92155723 75035444 17120279 246740150 PRIVATE EQUITY 43159852 F HEDGE FUNDS 37378158 F EQUITY SECURITIES 65209897 F 145747907 RESTRICTED SHORT-TERM INVESTMENTS 23135961 FUNDS HELD IN TRUST 10524968 FUNDS HELD IN ESCROW 9232224 OTHER ASSETS 1643073 44536226 U.S. GOVERNMENT LOAN ADVANCES 87459 ASSET RETIREMENT OBLIGATIONS 1360035 ANNUITIES & REMAINDER INT. PAYABLE 612383 CONTRACTUAL OBLIGATIONS 2000000 4059877 X 175943220 15394410 664315 16058725 159884495 745067 59874516 60619583 220504078 166320772 0 166320772 745067 59541687 60286754 226607526 PART III, LINE 4: DESCRIPTION OF ART COLLECTION: THE SIMMONS UNIVERSITY ART COLLECTION IS COMPRISED OF PAINTINGS, DRAWINGS, PRINTS, SCULPTURE, AND PHOTOGRAPHY WHICH IS USED TO SUPPORT THE UNIVERSITY'S CURRICULUM. PART IV, LINE 2B: ESCROW AND CUSTODIAL ARRANGEMENT: THE UNIVERSITY MAINTAINS AGENCY ACCOUNTS FOR ALUMNAE/I AND STUDENT GROUPS. THE UNIVERSITY ACTS AS A FISCAL AGENT FOR THE FUNDS. PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS: THE SIMMONS ENDOWMENT FUND IS USED TO SUPPORT THE EDUCATIONAL MISSION OF THE UNIVERSITY. IT IS INTENDED TO PROVIDE AN INTERGENERATIONAL SOURCE OF FUNDING FOR STUDENT SCHOLARSHIPS, RESEARCH, INSTRUCTIONAL PROGRAMS, AND GENERAL OPERATIONS OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "IRC") AND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE IRC. THE UNIVERSITY IS ALSO GENERALLY EXEMPT FROM STATE INCOME TAXES. GIVEN THE LIMITED TAXABLE ACTIVITIES OF THE UNIVERSITY, MANAGEMENT CONCLUDED THAT SUCH DISCLOSURES RELATED TO TAX PROVISIONS ARE NOT NECESSARY. THE UNIVERSITY IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS. THE UNIVERSITY HAS DETERMINED THAT ITS TAX STATUS AND DECISIONS OVER WHICH ACTIVITIES ARE RELATED AND UNRELATED ARE ITS ONLY TAX POSITIONS AND THAT SUCH POSITIONS DO NOT RESULT IN UNCERTAINTY REQUIRING RECOGNITION. THE UNIVERSITY'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. NO EXAMINATIONS ARE CURRENTLY IN PROCESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUES OF TRUST 664,315. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 59,541,687. LOSS ON EXTINGUISHMENT OF DEBT 332,829. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 59,541,687. 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 DESCRIPTION OF THE UNIVERSITY'S NON-DISCRIMINATORY POLICY IS PUBLISHED IN ITS ADMISSION AND RECRUITING PUBLICATIONS AND IN THE STUDENT HANDBOOK. IT IS ALSO POSTED IN SEVERAL LOCATIONS ON THE UNIVERSITY'S WEBSITE UNDER "POLICIES," THE OFFICE OF GENERAL COUNSEL, AND HUMAN RESOURCES. SCHEDULE E, PART I, LINE 6 SIMMONS UNIVERSITY RECEIVES FUNDING FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES, INCLUDING HIGHER EDUCATION EMERGENCY RELIEF FUNDS UNDER THE CARES ACT WHICH WERE PASSED TO STUDENTS, IN SUPPORT OF THE UNIVERSITY'S EDUCATIONAL MISSION. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 34209790 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 5235584 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES ACADEMIC SUPPORT 16906 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES INSTITUTIONAL SUPPORT 10187 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES INSTRUCTION 193622 NORTH AMERICA 0 0 PROGRAM SERVICES ACADEMIC SUPPORT 3711 NORTH AMERICA 0 0 PROGRAM SERVICES INSTITUTIONAL SUPPORT 11200 NORTH AMERICA 0 0 PROGRAM SERVICES INSTRUCTION 554 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES INSTRUCTION 60 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 16425 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 122200 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 497373 0 0 0 0 0 0 39681554 636058 40317612 STUDENT FINANCIAL AID EUROPE (INCLUDING ICELAND & GREENLAND) 25 497373 CHECK / POSTED TO STUDENTS' ACCOUNTS STUDENT FINANCIAL AID EAST ASIA AND THE PACIFIC 6 122200 CHECK / POSTED TO STUDENTS' ACCOUNTS STUDENT FINANCIAL AID CENTRAL AMERICA AND THE CARIBBEAN 1 16425 CHECK / POSTED TO STUDENTS' ACCOUNTS 1 0 1 1 1 0 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - FUNDS ARE TRACKED THROUGH THE UNIVERSITY'S ACCOUNTING SYSTEM BY FINANCE PERSONNEL TO ENSURE THAT EXPENDITURES ARE FOR THE INTENDED PURPOSE. PART I - ADDITIONAL INFORMATION: SIMMONS UNIVERSITY'S FACULTY AND STAFF TRAVEL INTERNATIONALLY AS PART OF THEIR DUTIES AND INCUR EXPENDITURES IN SUPPORT OF INSTRUCTION, PROFESSIONAL DEVELOPMENT, AND INSTITUTIONAL SUPPORT. 1 ALLIANCE FOR INCLUSION AND PREVENTION INC 555 AMORY STREET MB9 BOSTON MA 021302672 043285237 501(C)(3) 295954 0 SUBAWARD ILUMIS-AR 144 BARRINGTON TOWN SQUARE SUITE 225 AURORA OH 44202 883672621 77250 0 SUBAWARD BOSTON BOOK FESTIVAL INC 720 MASSACHUSETTS AVE SUITE B CAMBRIDGE MA 02139 262260622 501(C)(3) 5500 0 SPONSORSHIP 2 1 STUDENT FINANCIAL AID 4053 59419009 STUDENT STIPENDS 140 400777 PART I, LINE 2: FOR INDIVIDUAL RECIPIENTS OF GRANTS, ACADEMIC EXCELLENCE AND DEMONSTRATED FINANCIAL NEED ARE USED TO DETERMINE EACH STUDENT'S FINANCIAL AID. THE FINANCIAL AID CONSISTS OF ANY COMBINATION OF GRANTS AND LOANS AND ARE REVIEWED EACH YEAR BASED ON A STUDENT'S ACADEMIC RECORD AND/OR DEMONSTRATED NEED. THE FREE APPLICATION FOR FEDERAL STUDENT AID, WHICH HELPS TO ESTABLISH A STUDENT'S FINANCIAL NEED, SERVES AS THE APPLICATION FOR TUITION SCHOLARSHIPS. SIMMONS UNIVERSITY ALSO PASSES GRANTS THROUGH TO OTHER SECTION 501(C)(3) ORGANIZATIONS THAT ARE SUBRECIPIENTS OF GRANT FUNDS AND MAKES GRANTS TO OTHER TAX-EXEMPT ORGANIZATIONS ON OCCASION. X X X X 0 1 X X X X X 1 1 0 0 0 0 0 0 0 LYNN PERRY WOOTEN PRESIDENT 509378 0 0 0 31059 0 89000 0 31185 0 660622 0 0 0 MEGHAN KASS VP, CHIEF FIN. OFF., TREASURER 282218 0 0 0 4038 0 14971 0 38777 0 340004 0 0 0 BETH KRAMER VP, CHIEF DEVELOPMENT OFFICER 285194 0 0 0 3105 0 14718 0 25042 0 328059 0 0 0 SUSAN BRADY CEO, INST. FOR INCLUSIVE LEADERSHIP 307828 0 0 0 2383 0 15454 0 62 0 325727 0 0 0 STEPHANIE COSNER VICE PROVOST (PROVOST EFF 1/1/24) 273352 0 0 0 2322 0 14200 0 33285 0 323159 0 0 0 GRETCHEN GROGGEL RALSTON VP, GEN. COUNC. & SECR. OF BD 256574 0 0 0 809 0 13750 0 42337 0 313470 0 0 0 KERRI BROPHY VP, ENROLLMENT MANAGEMENT 217819 0 0 0 1884 0 11515 0 36544 0 267762 0 0 0 HEATHER SHLOSSER DEAN, SCHOOL OF NURSING 218113 0 0 0 2027 0 11507 0 34327 0 265974 0 0 0 CATE MCLAUGHLIN ASSOC VP, CAMPAIGN PLAN./MAJ. GIFTS 205146 0 0 0 13821 0 10795 0 33757 0 263519 0 0 0 LAURA BRINK PISINSKI VP, REAL EST. DEV. & FACIL. MGMT 223316 0 0 0 1212 0 11444 0 12848 0 248820 0 0 0 DIANE GROSSMAN INTERIM DEAN OF IFILL COLLEGE 219572 0 0 0 4254 0 10700 0 1090 0 235616 0 0 0 SUZANNE MURPHY VP,CHIEF PEOPLE OFFICER (UNTIL 11/22 0 0 0 0 184415 0 0 0 0 0 184415 0 0 0 PART I, LINE 1A BENEFITS PROVIDED TO CERTAIN EMPLOYEES - THE UNIVERSITY HAS LEASED A HOME FOR LYNN PERRY WOOTEN THAT IS USED AS A PERSONAL RESIDENCE AND ALSO TO HOLD FUNCTIONS AND EVENTS ON BEHALF OF SIMMONS UNIVERSITY. BECAUSE THE UNIVERSITY REQUIRES PRESIDENT WOOTEN TO LIVE IN PROXIMITY TO CAMPUS AND BE AVAILABLE DURING NON-BUSINESS HOURS FOR UNIVERSITY MATTERS, THE HOUSING BENEFIT IS NOT CONSIDERED AS TAXABLE INCOME IN ACCORDANCE WITH CODE SECTION 119(D). SOCIAL CLUB DUES WERE PAID BY THE UNIVERSITY ON BEHALF OF THE PRESIDENT. USE OF THE SOCIAL CLUB IS FOR BUSINESS PURPOSES ONLY AND DUES ARE NOT INCLUDED IN TAXABLE WAGES. CONSISTENT WITH UNIVERSITY POLICY, FOR HEALTH REASONS, THE CHAIR OF THE BOARD HAS APPROVED THE PRESIDENT TO FLY BUSINESS OR FIRST CLASS FOR EXTENDED FLIGHTS WHEN TRAVELING ON BUSINESS FOR THE UNIVERSITY. THE UNIVERSITY PROVIDES THE PRESIDENT WITH OTHER BENEFITS THAT ARE INCLUDED IN TAXABLE WAGES. THIS INCLUDES CLEANING SERVICES AT THE PRESIDENT'S RESIDENCE, A CAR ALLOWANCE AND DEPENDENT TUITION ASSISTANCE. PART I, LINE 1B WRITTEN POLICY FOR EXPENSE REIMBURSEMENTS - THE UNIVERSITY HAS A WRITTEN POLICY REGARDING FIRST CLASS AND SPOUSAL TRAVEL. ON OCCASION, OTHER BENEFITS LISTED IN QUESTION 1A OF SCHEDULE J, PART I MAY BE PROVIDED, BUT ONLY PURSUANT TO A VOTE OF APPROVAL BY THE BOARD OF TRUSTEES. PART I, LINES 4A-B SEVERANCE - SUZANNE MURPHY RECEIVED SEVERANCE PAYMENTS TOTALING $184,415. SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN - PRESIDENT WOOTEN PARTICIPATED IN A SECTION 457(B) AND SECTION 457(F) DEFERRED COMPENSATION PLAN. THE UNIVERSITY CONTRIBUTED $22,500 TO THE SECTION 457(B) PLAN. THE UNIVERSITY CREDITED $50,000 FOR PRESIDENT WOOTEN TO A SECTION 457(F) PLAN. THIS AMOUNT IS NOT YET VESTED. A SIMMONS COLLEGE MDFA REVENUE BOND SERIES H 043431814 57583RJG1 2007-01-04 45343798 REFUNDING SERIES C, D, AND F BONDS 0 0 0 B SIMMONS COLLEGE MDFA REVENUE BOND SERIES J 043431814 57583UYQ5 2013-09-05 19156227 REFINANCE SERIES F & I BONDS 0 0 0 C SIMMONS COLLEGE MDFA REVENUE BOND SERIES L 043431814 57584YMB2 2018-08-27 48134737 REFUNDING SERIES G BONDS 0 0 0 D SIMMONS UNIVERSITY MDFA REVENUE BOND SERIES M 043431814 57584YYM5 2020-04-20 91002665 BUILDING CONSTRUCTION 0 0 0 A 22850142 45343798 575599 485410 44282763 0 1 1 1 B 18841227 19156227 15484557 374131 3297539 1 1 1 1 C 3166050 48134737 47390000 744737 2018 1 0 1 1 D 1722578 91002665 1003655 89999010 0 0 0 1 A 0 1 1 1 0 0.00000 0.00000 0 0 1 B 1 1 1 1 0 0.00000 0.00000 0 0 1 C 0 0 0 0 0.02690 0.02690 0 0 0 D 0 0 0 0 0.00000 0.00000 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 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: SIMMONS COLLEGE MDFA REVENUE BOND SERIES H DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2024 ISSUER NAME: SIMMONS COLLEGE MDFA REVENUE BOND SERIES J DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2023 ISSUER NAME: SIMMONS COLLEGE MDFA REVENUE BOND SERIES L DATE THE REBATE COMPUTATION WAS PERFORMED: 08/31/2024 ISSUER NAME: SIMMONS UNIVERSITY MDFA REVENUE BOND SERIES M DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2024 SCHEDULE K, PART II, LINE 3, COLUMN C: $31,140,000 OF THE MHEFA REVENUE BOND SERIES I PROCEEDS WERE USED TO REFUND SERIES E BONDS. SCHEDULE K, PART II, LINE 13, COLUMN B: THE YEAR OF SUBSTANTIAL COMPLETION FOR THE MDFA REVENUE BONDS SERIES H HAS BEEN LEFT BLANK BECAUSE THIS ISSUE WAS ENTIRELY FOR AN ADVANCE REFUNDING. A SIMMONS UNIVERSITY MDFA REVENUE BOND SERIES N 043431814 57584Y6H7 2023-08-03 32232872 CAPITAL; DEFEASE SERIES J 0 0 0 A 21148 32232872 1946464 18994153 691687 10600568 0 0 0 1 A 0 0 0 0 0.00070 0.00070 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 27 1208248 FMV X MISCELLANEOUS 3 7653 FMV 0 0 1 0 SCHEDULE M, PART I, COLUMN B AMOUNTS REPORTED IN PART I, COLUMN B, REPRESENT THE TOTAL NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A AUTHORITY OF EXECUTIVE COMMITTEE: THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES CONSISTS OF THE CHAIR AND THE VICE CHAIR OF THE BOARD OF TRUSTEES; THE PRESIDENT; THE CHAIRS OF THE FINANCE COMMITTEE, THE AUDIT COMMITTEE, THE COMMITTEE ON TRUSTEESHIP AND GOVERNANCE, THE ADVANCEMENT COMMITTEE, THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE, THE INVESTMENT COMMITTEE, THE FACULTY REVIEW COMMITTEE, STUDENT EXPERIENCE COMMITTEE AND ACADEMIC EXCELLENCE COMMITTEE, THE FACILITIES COMMITTEE; THE CLERK; AND ANY OTHER TRUSTEES MAY BE DESIGNATED BY THE BOARD OF TRUSTEES FROM TIME TO TIME. IN BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE HAS THE FULL POWER AND AUTHORITY OF THE BOARD OF TRUSTEES, EXCEPT TO SELL REAL ESTATE AND TO CONFER DEGREES. FORM 990, PART VI, SECTION A, LINE 2 REPORTABLE RELATIONSHIPS - APRIL EVANS AND TIFFANY DUFU HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 AND FORM 990, PART VI, SECTION B, LINE 7A: MEMBERS AND POWERS OF THE MEMBERS: SIMMONS CURRENTLY HAS 23 CORPORATORS (THE CORPORATION) AS OF JUNE 30, 2023: 23 MEMBERS OF THE BOARD OF TRUSTEES. THE CORPORATION'S PRIMARY DUTIES ARE TO ELECT ANNUALLY THE TRUSTEE MEMBERSHIP AND AMEND THE SIMMONS BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7A SEE EXPLANATION FOR LINE 6A ABOVE. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990: THE BOARD OF TRUSTEES HAS DELEGATED THE RESPONSIBILITY OF REVIEWING FORM 990 TO THE EXECUTIVE DEVELOPMENT COMPENSATION COMMITTEE AND AUDIT COMMITTEE. THE REVIEW OF THE FORM IS FACILITATED BY THE OUTSIDE PUBLIC ACCOUNTING FIRM THAT PREPARES THE RETURN. THE COMPENSATION SECTIONS OF FORM 990 ARE REVIEWED BY THE COMPENSATION COMMITTEE. BEFORE FILING, FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B: FORM 990 PROVIDED TO GOVERNING BODY - THE UNIVERSITY BELIEVES THAT DONOR INFORMATION ON SCHEDULE B IS PRIVATE AND CONFIDENTIAL. AS SUCH, IT HAS PROVIDED A COPY OF FORM 990 TO THE ENTIRE BOARD BUT HAS REDACTED DONORS' NAMES AND ADDRESSES FROM SCHEDULE B. BECAUSE OF THIS DECISION, WE ARE REQUIRED TO ANSWER "NO" TO THE QUESTION ON LINE 11A OF PART VI EVEN THOUGH THE BOARD HAS RECEIVED A COPY OF FORM 990 (EXCEPT FOR DONOR INFORMATION ON SCHEDULE B). THE DONOR INFORMATION ON SCHEDULE B HAS BEEN REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY: IN ITS CONFLICT OF INTEREST DISCLOSURE FORM, THE UNIVERSITY ASKS ALL TRUSTEES AND OFFICERS TO DECLARE ANY CONFLICT OF INTEREST. COMPLETED CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REVIEWED BY THE GENERAL COUNSEL WHO ALSO SERVES AS THE SECRETARY OF THE BOARD. THE GENERAL COUNSEL PREPARES A WRITTEN REPORT FOR THE AUDIT COMMITTEE WHICH SETS FORTH ALL DISCLOSURES OR COMMENTS MADE BY RESPONDENTS CONCERNING POTENTIAL OR ACTUAL CONFLICTS, AND THAT REPORT IS PRESENTED TO THE AUDIT COMMITTEE, PRESIDENT, AND BOARD CHAIR FOR DISCUSSION AND NECESSARY FOLLOW-UP EACH YEAR. AT A MINIMUM, THOSE WITH CONFLICTS ARE INSTRUCTED TO REFRAIN FROM VOTING ON MATTERS WHERE THERE ARE OR MAY BE PERCEIVED TO BE A CONFLICT AND TO RECUSE THEMSELVES DURING ANY DISCUSSION OF THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL: THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE IS GOVERNED BY A DETAILED CHARTER WHICH GRANTS IT JURISDICTION OVER COMPENSATION MATTERS FOR ALL SIMMONS OFFICERS, INCLUDING THE PRESIDENT. THE COMMITTEE'S DECISIONS ARE INFORMED BY THE UNIVERSITY'S SENIOR LEADERSHIP COMPENSATION PHILOSOPHY WHICH REQUIRES THE USE OF COMPARATOR MARKET DATA AND CONSIDERATION OF MEDIAN AND MARKET PERCENTILES WHEN SETTING BASE SALARIES FOR NEW OFFICER AND SENIOR LEADER HIRES. THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE ALSO REVIEWS PEER SALARY DATA WHEN CONSIDERING RAISES OF SENIOR LEADERS/OFFICERS. THE MEMBERS OF THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE ARE INDEPENDENT OF THE EMPLOYEES FOR WHOM COMPENSATION DECISIONS ARE BEING MADE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: SIMMONS UNIVERSITY'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF TRUSTS 664,315. LOSS ON EXTINGUISHMENT OF DEBT -332,829. CHARITABLE REMAINDER TRUST (4) CHARITABLE TRUST MA SIMMONS UNIVERSITY 1 CHARITABLE REMAINDER TRUST (1) CHARITABLE TRUST OH SIMMONS UNIVERSITY 1 PERPETUAL TRUST(1) PERPETUAL TRUST MA SIMMONS UNIVERSITY 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0