2023-11-14T13:24:14-06:00 2022-12-31 582663273 SYMPHONA LLP 118 PARK OF COMMERCE DR STE 200 SAVANNAH GA 31405 990 2022-01-01 650216638 EVERGLADES COLLEGE INC EVER 9547764476 1900 W COMMERCIAL BOULEVARD 180 FT LAUDERDALE FL 33309 CHRISTOPHER VALLEAU CHANCELLOR OF FINANCE/CFO 9547764476 2023-11-14 1 CHRISTOPHER VALLEAU 999009999 0 JOHN A VANDAVEER P01297285 9122381001 2023-11-09 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEISER UNIV & EVERGLADES UNIV GREGG WALLICK 1900 W COMMERCIAL BOULEVARD 180 FT LAUDERDALE FL 33309 598651077 0 X WWW.KEISERUNIVERSITY.EDU WWW.EVERGLADESUNIVERSITY X 2000 FL KEISER UNIVERSITY AND EVERGLADES UNIVERSITY ARE REGIONALLY ACCREDITED PRIVATE CAREER UNIVERSITIES THAT PROVIDE EDUCATIONAL PROGRAMS AT THE UNDERGRADUATE AND GRADUATE LEVELS FOR A DIVERSE STUDENT BODY IN TRADITIONAL, NONTRADITIONAL AND ONLINE DELIVERY FORMATS. THE MAIN CAMPUS IS LOCATED IN FORT LAUDERDALE, WITH CAMPUSES LOCATED THROUGHOUT THE STATE OF FLORIDA AND INTERNATIONALLY. THROUGH QUALITY TEACHING, LEARNING AND RESEARCH, THE UNIVERSITY IS COMMITTED TO PROVIDE STUDENTS WITH OPPORTUNITIES TO DEVELOP THE KNOWLEDGE, UNDERSTANDING AND SKILLSNECESSARY FOR SUCCESSFUL EMPLOYMENT. COMMITTED TO A "STUDENTS FIRST" PHILOSOPHY, KEISER UNIVERSITY PREPARES GRADUATES FOR CAREERS IN BUSINESS, CRIMINAL JUSTICE, HEALTH CARE, TECHNOLOGY, HOSPITALITY, EDUCATION AND CAREER-FOCUSED STUDIES. 11 11 4081 0 350000 0 65897318 7609741 577527824 587586078 3370812 2185765 539962 1269493 647335916 598651077 75333192 85724499 0 0 217102867 223988872 0 0 0 280911440 262460063 573347499 572173434 73988417 26477643 670294753 902419678 198140035 407860754 472154718 494558924 X SEE SCHEDULE O 0 0 572173434 85724499 588116233 KEISER UNIVERSITY AND EVERGLADES UNIVERSITY PROVIDE EDUCATIONAL PROGRAMS AT THE UNDERGRADUATE AND GRADUATE LEVELS FOR A DIVERSE STUDENT BODY IN TRADITIONAL, NON-TRADITIONAL AND ONLINE DELIVERY FORMATS. THIS ACTIVITY CONSTITUTES 100% OF ITS PROGRAM SERVICES. 572173434 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 1 1 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 1 281 0 1 4081 1 1 1 1 NU 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 FL X CHRISTOPHER VALLEAU 9547764476 1900 W COMMERCIAL BLVD FORT LAUDERDALE FL 33309 MARIA KONDRACKI TRUSTEE 7.00 X 500 0 0 GREGG WALLICK CHAIRMAN /PRESIDENT 7.00 X X 500 0 0 JOSHUA FORDIN TRUSTEE 7.00 X 500 0 0 FRANK FRIONE TRUSTEE 7.00 X 0 0 0 MICHAEL VIOLA TRUSTEE 7.00 X 0 0 0 MANUEL MAIR TRUSTEE 7.00 X 500 0 0 JOSE CORTES TRUSTEE 7.00 X 500 0 0 WANDA GOZDZ TRUSTEE 7.00 X 0 0 0 THOMAS FOSTER TRUSTEE 7.00 X 500 0 0 NICOLE HERAN TRUSTEE 7.00 X 0 0 0 JAMES HUTTON TRUSTEE 7.00 X 0 0 0 ARTHUR KEISER VP/CHANCELLOR 40.00 X 870266 0 26372 PETER CROCITTO VP/SECRETARY/COO 40.00 X 754984 0 43019 JOSEPH BERARDINELLI TREASURER/SR VICE CHANCELLOR 40.00 X 434527 0 21533 KRISTI MOLLIS UNIVERSITY PRESIDENT 40.00 X 502341 0 23769 JAMES WALDMAN GENERAL COUNSEL 40.00 X 441534 0 24292 TERI SCHEFF-DEL VECCHIO VICE CHANCELLOR OF ENROLLMENT 40.00 X 365181 0 23769 LYNDA WATERHOUSE CAMPUS PRESIDENT 40.00 X 360380 0 23628 GARRETT VONK CAMPUS PRESIDENT 40.00 X 349758 0 22467 ANDREW LEE VICE CHANCELLOR OF TECHNOLOGY 40.00 X 318943 0 23769 4400914 0 232618 9 0 1 0 EDDY HOLDINGS PO BOX 780276 PHILADELPHIA PA 191780276 ADVERTISING 90841842 CIGNA HEALTHCARE PO BOX 644546 PITTSBURGH PA 152644546 HEALTHCARE 23521101 FOLLETT HIGHER EDUCATION GROUP INC 3146 SOLUTIONS CENTER CHICAGO IL 606773001 BOOK STORE MANAGEMENT 13642476 SODEXO INC PO BOX 360170 PITTSBURGH PA 152516170 HOSPITALITY MGMNT 8899986 GRAGG ADVERTISING 5200 METCALF AVENUE OVERLAND PARK KS 66202 ADVERTISING 4777581 5 6115273 1494468 7609741 TUITION AND FEES 611600 525414320 525414320 EDUCATIONAL ACTIVITIES 611600 50774446 50774446 ROOM AND BOARD 611600 8022453 8022453 AUXILLIARY ACTIVITIES 611600 3374859 3374859 587586078 2185765 2185765 389338 0 389338 389338 389338 MISCELLANEOUS 611600 530155 530155 CONSULTING 541610 200000 200000 CONSULTING 541610 150000 150000 880155 598651077 588116233 350000 2575103 74881312 74881312 10843187 10843187 4400914 4400914 181969340 181969340 3750009 3750009 19505257 19505257 14363352 14363352 1765078 1765078 640183 640183 304178 304178 1627089 1627089 100688936 100688936 3793456 3793456 7606058 7606058 47901325 47901325 3801978 3801978 226035 226035 2865857 2865857 10626263 10626263 5174180 5174180 BAD DEBTS 19570799 19570799 OTHER PROFESSIONAL FEES 10004111 10004111 SOCIAL MEDIA 9420065 9420065 TELEPHONE 5616204 5616204 30828268 30828268 572173434 572173434 0 0 9252277 18182779 135545066 72641053 3724441 29360735 27646068 430682 66360350 75161911 40194 62801 9779669 8578704 227775877 54671486 109964076 173104391 62218387 53310911 236269507 236269507 7780051 237030871 670294753 902419678 57290323 39646081 171 53714789 56353929 49734345 77977 37400407 76611185 0 235171582 198140035 407860754 X 471072718 493237924 1082000 1321000 472154718 494558924 670294753 902419678 26477643 -4073437 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 304178 0 0 304178 0 PART II-B, LINE 1: LOBBYING FOR EDUCATIONAL MATTERS AT THE FEDERAL AND STATE LEVELS. 32916597 32916597 125668043 9804396 115863647 12676268 8126418 4549850 51451768 36740672 14711096 5063201 5063201 173104391 OPERATING LEASE RIGHT-OF-USE ASSETS 224620545 OTHER INVESTMENTS 4998611 SECURITY DEPOSITS 3949979 OTHER RECEIVABLES 2436885 ACCRUED COMMISSIONS 322391 INTEREST RATE SWAP 702460 237030871 OPERATING LEASE LIABILITY 235171582 235171582 508869119 -4073437 15978 -4057459 512926578 85724499 85724499 598651077 486464913 15978 15978 486448935 85724499 85724499 572173434 PART XI, LINE 2D - OTHER ADJUSTMENTS: OTHER 15,978. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS 85,724,499. PART XII, LINE 2D - OTHER ADJUSTMENTS: OTHER 15,978. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT 85,724,499. SCHEDULE D, PARTS IX AND X: EFFECTIVE JANUARY 1, 2022, THE UNIVERSITY RECOGNIZES AND MEASURES ITS LEASES IN ACCORDANCE WITH FASB ASC TOPIC 842, LEASES. THE UNIVERSITY IS THE LESSEE OF PROPERTY UNDER OPERATING LEASES. UPON EXECUTION OF A NEW CONTRACT, THE UNIVERSITY DETERMINES WHETHER AN ARRANGEMENT IS OR CONTAINS A LEASE. RIGHT OF USE ASSETS REPRESENT THE UNIVERSITY'S RIGHT TO USE LEASED ASSETS OVER THE TERM OF THE LEASE. LEASE LIABILITIES REPRESENT THE UNIVERSITY'S CONTRACTUAL OBLIGATION TO MAKE LEASE PAYMENTS OVER THE LEASE TERM. RIGHT-OF-USE ASSETS AND LEASE LIABILITIES ARE MEASURED, CATEGORIZED, AND RECOGNIZED AT LEASE COMMENCEMENT. THE COMMENCEMENT DATE IS WHEN THE UNIVERSITY EITHER TAKES POSSESSION OF THE ASSET, OR IN THE CASE OF REAL ESTATE LEASES, WHEN THE LANDLORD MAKES THE BUILDING AVAILABLE FOR USE. OPERATING LEASES AS LESSEE ARE INCLUDED IN OPERATING LEASE RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES ON THE STATEMENTS OF FINANCIAL POSITION. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 LOCATED IN THE INSTITUTION'S CATALOG AND ON THE RESPECTIVE WEBSITES. SCHEDULE E, PART I, LINE 6 THE FDLRS GRANT PROVIDES FUNDING FOR THE KEISER UNIVERSITY MULTIDISCIPLINARY CENTER (KUMDC) WHICH IS ONE OF SIX REGIONAL FLORIDA DIAGNOSTIC AND LEARNING RESOURCE SYSTEM (FDLRS) MULTIDISCIPLINARY CENTERS PROVIDING A RANGE OF SERVICES INCLUDING SCREENINGS, DIAGNOSTIC EVALUATIONS, ASSESSMENTS, AND MENTORING/COUNSELING SERVICES AND INTERVENTIONS FOR CHILDREN AND YOUTH AT RISK FOR OR WHO HAVE BEEN IDENTIFIED AS HAVING COMPLEX MEDICAL, EDUCATIONAL, EMOTIONAL, OR BEHAVIORAL PROBLEMS, AND OTHER RISK FACTORS FOR POOR EDUCATIONAL OUTCOMES. KUMDC PROVIDES CONSULTATION, TECHNICAL ASSISTANCE, AND PRESERVICE AND INSERVICE TRAINING FOR TEACHERS, SCHOOL AND DISTRICT PERSONNEL, FAMILIES, HEALTHCARE PROFESSIONALS, UNIVERSITY STUDENTS AND FACULTY, AND COMMUNITY PROVIDERS WORKING WITH STUDENTS. THE GOAL OF THE KUMDC IS TO PREPARE STUDENTS WITH DISABILITIES ENROLLED IN PUBLIC K12 PROGRAMS WITH HIGH ACADEMIC ACHIEVEMENT AND SUCCESSFUL POSTSECONDARY OUTCOMES. 1 CENTRAL AMERICA/CARIBBEAN 2 509 PROGRAM SERVICES ACADEMIC STUDIES 22439528 EAST ASIA & THE PACIFIC 1 6 PROGRAM SERVICES ACADEMIC STUDIES 1300417 3 515 0 0 3 515 23739945 0 23739945 INSTITUTIONAL SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 1428 7728 STUDENT CREDIT 10835459 EXPENSES BOOK 0 0 0 0 0 0 PART I, LINE 2: SCHEDULE F, PART I, LINE 2: THE INSTITUTION TRACKS THIS INFORMATION BY SOURCE IN ITS ENTERPRISE RESOURCE PLANNING SYSTEM. PART III ACCOUNTING METHOD: 1 INSTITUTIONAL SCHOLARSHIPS 23099 509395 BOOK CREDIT TO STUDENT LEDGER CARD INSTITUTIONAL SCHOLARSHIPS 74371917 BOOK CREDIT TO STUDENT LEDGER CARD PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE INSTITUTION TRACKS THIS INFORMATION BY SOURCE IN ITS ENTERPRISE RESOURCE PLANNING SYSTEM. X 0 1 X X X X 0 0 0 0 0 0 0 0 0 ARTHUR KEISER VP/CHANCELLOR 870266 0 0 0 0 0 11600 0 14772 0 896638 0 0 0 PETER CROCITTO VP/SECRETARY/COO 754984 0 0 0 0 0 11600 0 31419 0 798003 0 0 0 KRISTI MOLLIS UNIVERSITY PRESIDENT 502341 0 0 0 0 0 11600 0 12169 0 526110 0 0 0 JAMES WALDMAN GENERAL COUNSEL 441534 0 0 0 0 0 11600 0 12692 0 465826 0 0 0 JOSEPH BERARDINELLI TREASURER/SR VICE CHANCELLOR 434527 0 0 0 0 0 11600 0 9933 0 456060 0 0 0 TERI SCHEFF-DEL VECCHIO VICE CHANCELLOR OF ENROLLMENT 365181 0 0 0 0 0 11600 0 12169 0 388950 0 0 0 LYNDA WATERHOUSE CAMPUS PRESIDENT 360380 0 0 0 0 0 10936 0 12692 0 384008 0 0 0 GARRETT VONK CAMPUS PRESIDENT 349758 0 0 0 0 0 9775 0 12692 0 372225 0 0 0 ANDREW LEE VICE CHANCELLOR OF TECHNOLOGY 318943 0 0 0 0 0 11600 0 12169 0 342712 0 0 0 PART I, LINE 1A WRITTEN REIMBURSEMENT POLICY EXPLANATION: THE ORGANIZATION ALLOWS FIRST CLASS AND CHARTER TRAVEL WHEN COSTS ARE REASONABLE AND TIME CONSTRAINTS EXIST. ALL TRAVEL IS REVIEWED PRIOR TO BOOKING. BAR EDUCATION INC OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMBERS EXPENSE ADVANCE ON OPERATIONAL EXPENSES X 430682 0 1 0 ZEUS PROPERTIES LLC DBA HOLIDAY INN EXPRESS AT THE FT LAUDERDALE AIRPORT OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMBERS LODGING FOR UNIVERSITY EMPLOYEES X 12913 0 1 0 ODIN 123 LLC OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMBERS TRAVEL EXPENSE X 63984 0 1 0 KEISER LEGAL PLLC OWNED BY IMMEDIATE FAMILY MEMBER OF CHANCELLOR, DR. KEISER LEGAL SERVICES X 1080 0 1 0 KEISER SCHOOL INC OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMBERS LOAN TO PURCHASE ASSET. LOAN BALANCE OF $49,734,345 WAS PAID IN FULL 2022. X 0 1 1 508659 BAR EDUCATION INC OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMBERS 150000 CONSULTING 0 NINETEEN HUNDRED BLDG ASSOC LTD OWNED AND PARTLY OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMB. 792453 CAMPUS RENT 0 ZEUS PROPERTIES LLC DBA HOLIDAY INN EXPRESS AT THE FT LAUDERDALE AIRPORT OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMBERS 257278 LODGING FOR UNIVERSITY EMPLOYEES 0 ODIN 123 LLC OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMBERS 667396 CHARTER AIRCRAFT AND OTHER TRAVEL 0 KEISER LEGAL PLLC OWNED BY IMMEDIATE FAMILY MEMBER OF CHANCELLOR, DR. KEISER 14940 LEGAL SERVICES 0 KEISER SCHOOL INC OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMBERS 264416 INTEREST PAID 0 SPECTRUM 1500 BLDG ASSOC LTD OWNED AND PARTLY OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMB. 1415594 CAMPUS RENT 0 BAR EDUCATION INC OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMBERS 15000 PUBLIC RELATIONS 0 BAR EDUCATION INC OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMBERS 8710 TUITION 0 NINETEEN HUNDRED BLDG ASSOC LTD OWNED AND PARTLY OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMB. 30400000 THE SCHOOL PURCHASED REAL ESTATE ON 7/27/2022 FROM NINETEEN HUNDRED BLDG. ASSOC. LTD 0 SPECTRUM 1500 BLDG ASSOC LTD OWNED AND PARTLY OWNED BY CHANCELLOR, DR. KEISER AND IMMEDIATE FAMILY MEMB. 27200000 THE SCHOOL PURCHASED REAL ESTATE ON 7/27/2022 FROM SPECTRUM 1500 BLDG. ASSOC. LTD 0 FORM 990, PART III, LINE 1, ORGANIZATION'S MISSION: THE MISSION OF EVERGLADES UNIVERSITY IS TO PROVIDE EDUCATION TO ADULT LEARNERS OF DIVERSE BACKGROUNDS IN A COLLABORATIVE ENVIRONMENT WHERE EACH INDIVIDUAL HAS THE OPPORTUNITY TO ACHIEVE PERSONAL GROWTH. THE UNIVERSITY SEEKS TO ACCOMPLISH ITS MISSION BY COMBINING SMALL CLASS SIZES AND INNOVATIVE PROGRAMS WITH TRADITIONAL ACADEMIC VALUES. THE UNIVERSITY SUPPORTS THE ACADEMIC ENDEAVOR THROUGH RESEARCH, SCHOLARLY CONTRIBUTION, AND SERVICE TO DELIVER GRADUATE AND UNDERGRADUATE PROGRAMS ON CAMPUS AND ONLINE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD, PRESIDENT, VICE-PRESIDENT, TREASURER AND LEGAL COUNSEL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE QUESTIONED ON POTENTIAL CONFLICTS OF INTEREST. THIS REVIEW IS PERFORMED BY THE OFFICE OF THE CHANCELLOR. FORM 990, PART VI, SECTION B, LINE 15 THE TOP OFFICIALS' COMPENSATION IS DISCUSSED AND APPROVED ANNUALLY WITH THE COMPENSATION COMMITTEE. THERE ARE APPROVED SALARY RANGES FOR BOTH POSITIONS AS WELL AS AN ANNUAL REVIEW PROCESS. THE BOARD APPROVES THE SALARY RANGES EACH YEAR USING A COMPARABLE SALARY DATE IN ITS REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL INFORMATION IS AVAILABLE UNDER THE SUNSHINE LAWS OF THE STATE OF FLORIDA.