SAINT LEO UNIVERSITY INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SAINT LEO UNIVERSITY INC (EIN 59-1237047)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-03-31
- IRS object ID
- 202210909349301316
- Schema version
- 2020v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-03-31T13:23:03-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 366055558 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 SOUTH ORANGE AVENUE SUITE 2050 | AddressLine1Txt |
| City | ORLANDO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 591237047 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAINT LEO UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAIN | BusinessNameControlTxt |
| Phone | 3525888215 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33701 STATE ROAD 52 | AddressLine1Txt |
| City | SAINT LEO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 335746665 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFFREY SENESE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3525888215 | PhoneNum |
| Signature | 2022-03-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JEFFREY | PersonFirstNm |
| Person Last | SENESE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PAUL HAGGE | PreparerPersonNm |
| PTIN | P00543988 | PTIN |
| Phone | 4074815100 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEFFREY SENESE PHD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33701 STATE ROAD 52 | AddressLine1Txt |
| City | SAINT LEO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 335746665 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $279,302,887 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SAINTLEO.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1965 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | SAINT LEO UNIVERSITY WELCOMES AND EMBRACES IN THE CATHOLIC BENEDICTINE TRADITION (SEE SCHEDULE O) INDIVIDUALS OF ALL FAITHS. THE UNIVERSITY SEEKS BALANCED GROWTH IN MIND, BODY, AND SPIRIT FOR ALL MEMBERS OF OUR COMMUNITY. OUR COMMUNITY RECOGNIZES THE DIGNITY, VALUE, AND GIFTS OF ALL. AT SAINT LEO, LEARNING IS OF PRIME IMPORTANCE, AND WE WORK TO MEET THE EVOLVING NEEDS OF OUR COMMUNITIES AND THE WORLD AROUND US. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 2086 | TotalEmployeeCnt |
| Total Volunteers | 27 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,605,221 | PYContributionsGrantsAmt |
| CY Contributions Grants | $15,171,702 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $161,126,009 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $149,584,135 | CYProgramServiceRevenueAmt |
| PY Investment Income | $497,817 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,486,812 | CYInvestmentIncomeAmt |
| PY Other Revenue | $380,684 | PYOtherRevenueAmt |
| CY Other Revenue | $752,325 | CYOtherRevenueAmt |
| PY Total Revenue | $167,609,731 | PYTotalRevenueAmt |
| CY Total Revenue | $169,994,974 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $30,822,576 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $32,542,307 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $94,023,263 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $85,143,831 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,760,048 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $60,086,060 | PYOtherExpensesAmt |
| CY Other Expenses | $53,864,629 | CYOtherExpensesAmt |
| PY Total Expenses | $184,931,899 | PYTotalExpensesAmt |
| CY Total Expenses | $171,550,767 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$17,322,168 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,555,793 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $243,651,425 | TotalAssetsBOYAmt |
| Total Assets EOY | $278,133,015 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $98,521,914 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $114,248,858 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $145,129,511 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $163,884,157 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O.SAINT LEO IS AN INVENTIVE GLOBAL CATHOLIC LIBERAL ARTS UNIVERSITY THAT FOSTERS A PERSONAL AND INCLUSIVE COMMUNITY WHICH EDUCATES, PREPARES, AND DEVELOPS STUDENTS FOR SUCCESS, AND CONSISTS OF DIVERSE LEARNERS WHO BOLDLY CONFRONT THE CHALLENGES OF OUR WORLD THROUGH SERVICE TO OTHERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $126,954,131 | ExpenseAmt |
| Grant | $32,542,307 | GrantAmt |
| Revenue | $150,160,737 | RevenueAmt |
| Desc | AS THE OLDEST CATHOLIC INSTITUTION OF HIGHER EDUCATION IN FLORIDA AND ONE OF THE TOP UNIVERSITIES IN CENTRAL FLORIDA, SAINT LEO UNIVERSITY HAS A CENTURY-LONG TRADITION OF WELCOMING STUDENTS OF ALL FAITHS. FOR MORE INFORMATION, SEE SCHEDULE O.OUR LIBERAL ARTS CAMPUS, LOCATED 30 MILES NORTH OF TAMPA, EDUCATES JUST UNDER 2,100 STUDENTS. TOTAL ENROLLMENT ACROSS OUR CENTRAL FLORIDA CAMPUS, 18 REGIONAL LOCATIONS, AND ONLINE PROGRAMS IS NEARLY 15,000. SAINT LEO OFFERS OVER 50 UNDERGRADUATE DEGREES, PROGRAMS AND ENDORSEMENTS AS WELL AS MASTER'S, DOCTORAL AND CERTIFICATE PROGRAMS IN THE COLLEGE OF ARTS & SCIENCES, COLLEGE OF BUSINESS, COLLEGE OF EDUCATION & SOCIAL SERVICES, AND THE COLLEGE OF HEALTH PROFESSIONS. A TOTAL OF NEARLY 160 PROGRAMS. THE PUBLICATION DIVERSE ISSUES IN HIGHER EDUCATION RANKS SAINT LEO AMONG ITS TOP 100 INSTITUTIONS GRADUATING MINORITY STUDENTS WITH BACCALAUREATE DEGREES. WE'RE A SMALL SCHOOL, BUT WE HAVE AN INCREDIBLY DIVERSE STUDENT BODY COMPOSED OF 41% STUDENTS FROM UNDERREPRESENTED POPULATIONS. SAINT LEO NOW SERVES STUDENTS FROM ALL 50 STATES, THE DISTRICT OF COLUMBIA, THREE U.S. TERRITORIES AND OVER 80 FOREIGN COUNTRIES. SAINT LEO IS ALSO ONE OF THE NATION'S LEADING PROVIDERS OF HIGHER EDUCATION TO THE U.S. MILITARY. TODAY CLOSE TO 6,000 MEN AND WOMEN OF THE ARMED FORCES, VETERANS, AND THEIR FAMILY MEMBERS ARE ENROLLED IN SAINT LEO UNIVERSITY DEGREE PROGRAMS - THAT'S ABOUT ONE-THIRD OF THE UNIVERSITY-WIDE STUDENT COMMUNITY. THOUSANDS OF ACTIVE DUTY SERVICE MEMBERS, VETERANS AND FAMILY MEMBERS WORLDWIDE EARN AFFORDABLE, ACCESSIBLE UNIVERSITY DEGREES THROUGH OUR TRADITIONAL FLORIDA CAMPUS, EXTENSIVE ONLINE PROGRAM OFFERINGS AND EDUCATION CENTERS ON MILITARY BASES THROUGHOUT THE U.S. IN NOVEMBER 2014 THE NORTHEAST FLORIDA EDUCATION CENTER, ALONG WITH THE SCHOOL DISTRICT OF CLAY COUNTY (FL), WAS CHOSEN BY THE MILITARY CHILD EDUCATION COALITION AS ONE OF FIVE NATIONAL RECIPIENTS TO RECEIVE THE 2014 PETE TAYLOR PARTNERSHIP OF EXCELLENCE AWARD, WHICH RECOGNIZES SUCCESSFUL PARTNERSHIPS AND PROJECTS THAT ULTIMATELY BENEFIT MILITARY-CONNECTED CHILDREN. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $10,958,767 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $140,636 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES OF THE UNIVERSITY PROVIDE CERTAIN CUSTOMARY SERVICES SUCH AS HOUSING, FOOD SERVICE, AND VARIOUS STUDENT ACTIVITIES FOR THE BENEFIT OF THE STUDENTS OF THE UNIVERSITY. TRADITIONAL CAMPUS STUDENTS COMPRISED 2,047 FOR THE FY21 FISCAL YEAR. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $137,912,898 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 15979 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2086 | EmployeeCnt |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN NISBET | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3525888215 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6665 | AddressLine1Txt |
| City | SAINT LEO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33574 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| JEFFREY D SENESE | |||||||||
| PRESIDENT | 60.00 | 0.00 | Yes (X) | $525,018 | $0 | $71,882 | |||
| JOHN NISBET | |||||||||
| CFO/VP | 60.00 | 0.00 | Yes (X) | $303,211 | $0 | $31,926 | |||
| MELANIE STORMS | |||||||||
| SENIOR VP | 60.00 | 0.00 | $300,182 | $0 | $28,744 | Yes (X) | |||
| SENTHIL KUMAR | |||||||||
| VP STRATEGIC ENROLLMENT MANAGEMENT | 60.00 | 0.00 | $276,789 | $0 | $28,898 | Yes (X) | |||
| MARY SPOTO | |||||||||
| VP ACADEMIC AFFAIRS | 60.00 | 0.00 | $215,535 | $0 | $23,992 | Yes (X) | |||
| DEREK MOHAMMED | |||||||||
| DEAN AND DIRECTOR OF CARDS | 60.00 | 0.00 | $202,775 | $0 | $22,874 | Yes (X) | |||
| FRANCIS REIDY | |||||||||
| VP & ATH DIR INTERCOLLEGIATE ATHS | 40.00 | 0.00 | $197,922 | $0 | $26,860 | Yes (X) | |||
| ROBYN PARKER | |||||||||
| DEAN THRU 8/11/21 | 40.00 | 0.00 | $190,011 | $0 | $25,588 | Yes (X) | |||
| JENNIFER SHAW | |||||||||
| VP | 50.00 | 0.00 | $185,214 | $0 | $25,986 | Yes (X) | |||
| ERNEST VENDRELL | |||||||||
| ASSOC DIRECTOR/PROFESSOR | 40.00 | 0.00 | $163,430 | $0 | $24,267 | Yes (X) | |||
| JODI LAMB | |||||||||
| ASSOC DIRECTOR/PROFESSOR | 40.00 | 0.00 | $156,771 | $0 | $12,736 | Yes (X) | |||
| DAVID MITCHELL | |||||||||
| CURRENT TRUSTEE/CHAIR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JOSEPH P CONNELLAN | |||||||||
| SECRETARY | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| IAN ANDERSON | |||||||||
| CURRENT TRUSTEE (BEG 7/1/2020) | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| SR ROBERTA BAILEY OS B | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| PETER BISCARDI | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| NOEL BOEKE | |||||||||
| CURRENT TRUSTEE (BEG 7/1/2020) | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| ROBERT CABOT | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| ABBOTT ISAAC J CAMACHO OS B | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| ANTHONY GERBINO | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| STEVEN HICKMAN | |||||||||
| CURRENT TRUSTEE (BEG 7/1/2020) | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| CLARKE HOBBY | |||||||||
| CURRENT TRUSTEE (BEG 7/1/2020) | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| RICHARD JOHNSON | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| ALLAN J LULHN | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| JOSEPH A MCGEE | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| ROBIN MCGUINNESS | |||||||||
| CURRENT TRUSTEE (BEG 7/1/2020) | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| EDWIN NARAIN | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| VINI NATHAN | |||||||||
| CURRENT TRUSTEE (BEG 7/1/2020) | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| LAURA O'DONOGHUE | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| JOHN P O'LEARY | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| BISHOP GREGORY PARKES | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| THOMAS D PESCHIO | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| JOHN PICCIANO | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| WILLIAM J REAGAN | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| THOMAS J SHANNON III | |||||||||
| CURRENT TRUSTEE (BEG 7/1/2020) | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| KEVIN SULLIVAN | |||||||||
| CURRENT TRUSTEE (BEG 7/1/2020) | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| PAT THOMPSON | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| JOHN E VIEW | |||||||||
| CURRENT TRUSTEE | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,716,858 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $323,753 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 81 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CREATIVE CONTRACTORS | |||||
| 620 DREW STREET | CLEARWATER | FL | 33705 | WELLNESS CENTER & BOWMAN CENTER PROJECT | $3,454,073 |
| S3 DESIGN INC | |||||
| 150 WOOD ROAD STE 1000 | BRAINTREE | MA | 02184 | ARCHITECTURE SERV. FOR WELLNESS CENTER | $649,896 |
| TOTAL BUILDING SOLUTIONS | |||||
| PO BOX 959 | MANGO | FL | 335500959 | BUILDING MAINTENANCE ON CAMPUS. | $551,549 |
| CORPORATE BUILDING SOLUTIONS | |||||
| 540 CARILLON PKWY 3048 | ST P | FL | 33716 | MISC CONS. SERV. & BLDG MAINTENANCE | $485,785 |
| KPMG LLP | |||||
| PO BOX 120608 | DALLAS | TX | 753120608 | FINANCIAL STMT & SINGLE AUDIT OF SLU | $241,650 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $13,825,862 | GovernmentGrantsAmt |
| All Other Contributions | $1,345,840 | AllOtherContributionsAmt |
| Noncash Contributions | $72,830 | NoncashContributionsAmt |
| Total Contributions | $15,171,702 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611430 | $133,488,475 | $133,488,475 |
| SALE OF AUX ENTERPRISE | 611710 | $14,057,884 | $14,057,884 |
| ALL OTHER REVENUES | 900099 | $2,037,776 | $2,037,776 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $149,584,135 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,766,262 | TotalRevenueColumnAmt |
| Exclusion | $1,766,262 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $112,024,993 | SecuritiesAmt |
| Other | $3,470 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $109,247,528 | SecuritiesAmt |
| Other | $60,385 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,777,465 | SecuritiesAmt |
| Other | -$56,915 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,720,550 | TotalRevenueColumnAmt |
| Exclusion | $2,720,550 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| COMMISSION | 900099 | $157,584 | $157,584 | |
| GRANT ADMIN FEE | 900099 | $98,427 | $98,427 | |
| CATERING | 722320 | $11,319 | $9,232 | $2,087 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $484,995 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $451,995 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $33,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $752,325 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $169,994,974 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $150,301,373 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,521,899 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,573,069 | TotalAmt |
| Program Services | $27,573,069 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,969,238 | TotalAmt |
| Program Services | $4,969,238 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,580,949 | TotalAmt |
| Management And General | $1,580,949 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,906,846 | TotalAmt |
| Program Services | $48,335,203 | ProgramServicesAmt |
| Management And General | $12,768,327 | ManagementAndGeneralAmt |
| Fundraising | $803,316 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,282,754 | TotalAmt |
| Program Services | $2,418,878 | ProgramServicesAmt |
| Management And General | $818,670 | ManagementAndGeneralAmt |
| Fundraising | $45,206 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,077,049 | TotalAmt |
| Program Services | $10,406,332 | ProgramServicesAmt |
| Management And General | $2,450,734 | ManagementAndGeneralAmt |
| Fundraising | $219,983 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,296,233 | TotalAmt |
| Program Services | $4,215,205 | ProgramServicesAmt |
| Management And General | $1,012,211 | ManagementAndGeneralAmt |
| Fundraising | $68,817 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $442,422 | TotalAmt |
| Program Services | $7,259 | ProgramServicesAmt |
| Management And General | $435,163 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $224,800 | TotalAmt |
| Management And General | $224,800 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,640 | TotalAmt |
| Program Services | $261,465 | ProgramServicesAmt |
| Management And General | $175 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,049,441 | TotalAmt |
| Program Services | $1,700,782 | ProgramServicesAmt |
| Management And General | $925,510 | ManagementAndGeneralAmt |
| Fundraising | $423,149 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,798,710 | TotalAmt |
| Program Services | $15,309,917 | ProgramServicesAmt |
| Management And General | $1,488,793 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,862,099 | TotalAmt |
| Program Services | $3,002,252 | ProgramServicesAmt |
| Management And General | $823,847 | ManagementAndGeneralAmt |
| Fundraising | $36,000 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,767,117 | TotalAmt |
| Program Services | $1,204,526 | ProgramServicesAmt |
| Management And General | $4,472,273 | ManagementAndGeneralAmt |
| Fundraising | $90,318 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,448,931 | TotalAmt |
| Program Services | $2,357,957 | ProgramServicesAmt |
| Management And General | $84,368 | ManagementAndGeneralAmt |
| Fundraising | $6,606 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $302,631 | TotalAmt |
| Program Services | $258,810 | ProgramServicesAmt |
| Management And General | $35,591 | ManagementAndGeneralAmt |
| Fundraising | $8,230 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,795 | TotalAmt |
| Program Services | $25,957 | ProgramServicesAmt |
| Management And General | $32,318 | ManagementAndGeneralAmt |
| Fundraising | $13,520 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,030,309 | TotalAmt |
| Program Services | $1,865,325 | ProgramServicesAmt |
| Management And General | $164,984 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,670,565 | TotalAmt |
| Program Services | $6,062,064 | ProgramServicesAmt |
| Management And General | $1,607,562 | ManagementAndGeneralAmt |
| Fundraising | $939 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,496,527 | TotalAmt |
| Program Services | $2,293,001 | ProgramServicesAmt |
| Management And General | $203,526 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| DUES/SUBSCRIPTIONS | $1,010,872 | $706,095 | $281,425 | $23,352 |
| CREDIT CARD FEES | $808,605 | $175,792 | $628,330 | $4,483 |
| ENTERTAINMENT | $130,090 | $115,953 | $6,532 | $7,605 |
| EDUCATIONAL MATERIAL | $111,454 | $85,648 | $25,806 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,376,621 | TotalAmt |
| Program Services | $4,562,170 | ProgramServicesAmt |
| Management And General | $1,805,927 | ManagementAndGeneralAmt |
| Fundraising | $8,524 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,550,767 | TotalAmt |
| Program Services | $137,912,898 | ProgramServicesAmt |
| Management And General | $31,877,821 | ManagementAndGeneralAmt |
| Fundraising | $1,760,048 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,975 | BOYAmt |
| EOY | $3,024,057 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,683,108 | BOYAmt |
| EOY | $14,239,935 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,811,161 | BOYAmt |
| EOY | $1,888,210 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,673,530 | BOYAmt |
| EOY | $3,535,206 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $475,964 | BOYAmt |
| EOY | $327,373 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,963,372 | BOYAmt |
| EOY | $3,763,482 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $248,813,895 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $105,340,414 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,478,529 | BOYAmt |
| EOY | $143,473,481 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,157,470 | BOYAmt |
| EOY | $88,977,321 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,683,522 | BOYAmt |
| EOY | $4,287,212 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,705,794 | BOYAmt |
| EOY | $14,616,738 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,651,425 | BOYAmt |
| EOY | $278,133,015 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,186,808 | BOYAmt |
| EOY | $23,867,044 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,838 | BOYAmt |
| EOY | $94,564 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,804,108 | BOYAmt |
| EOY | $2,023,193 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,905,979 | BOYAmt |
| EOY | $74,471,354 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $289,240 | BOYAmt |
| EOY | $278,100 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,491,048 | BOYAmt |
| EOY | $2,493,606 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $767,893 | BOYAmt |
| EOY | $11,020,997 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,521,914 | BOYAmt |
| EOY | $114,248,858 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,618,207 | BOYAmt |
| EOY | $138,745,598 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,511,304 | BOYAmt |
| EOY | $25,138,559 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,129,511 | BOYAmt |
| EOY | $163,884,157 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,651,425 | BOYAmt |
| EOY | $278,133,015 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,555,793 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $19,708,734 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $601,705 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $60 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $60 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | 0 | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1, LOBBYING ACTIVITIES | FormAndLineReferenceDesc |
| Explanation | SAINT LEO UNIVERSITY IS A MEMBER OF NACUBO, WHICH USED A SMALL PERCENTAGE OF MEMBER DUES FOR LOBBYING. OF THE 6,625 IN MEMBER DUES $60 WAS RELATED TO LOBBYING. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $1,755,623 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $68,249,428 | BeginningYearBalanceAmt |
| Contributions | $498,436 | ContributionsAmt |
| Investment Earnings Or Losses | $23,614,944 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $15,167 | GrantsOrScholarshipsAmt |
| End Year Balance | $92,347,641 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $69,627,264 | BeginningYearBalanceAmt |
| Contributions | $311,000 | ContributionsAmt |
| Investment Earnings Or Losses | $21,421 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $308,999 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,401,258 | OtherExpendituresAmt |
| End Year Balance | $68,249,428 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $67,584,103 | BeginningYearBalanceAmt |
| Contributions | $410,524 | ContributionsAmt |
| Investment Earnings Or Losses | $2,036,520 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $403,883 | GrantsOrScholarshipsAmt |
| End Year Balance | $69,627,264 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $64,153,668 | BeginningYearBalanceAmt |
| Contributions | $474,653 | ContributionsAmt |
| Investment Earnings Or Losses | $3,281,633 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $325,851 | GrantsOrScholarshipsAmt |
| End Year Balance | $67,584,103 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $58,074,647 | BeginningYearBalanceAmt |
| Contributions | $50,653 | ContributionsAmt |
| Investment Earnings Or Losses | $6,403,867 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $375,499 | GrantsOrScholarshipsAmt |
| End Year Balance | $64,153,668 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.74000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.26000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,631,483 | OtherCostOrOtherBasisAmt |
| Book Value | $5,631,483 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $165,739,890 | OtherCostOrOtherBasisAmt |
| Depreciation | $48,593,395 | DepreciationAmt |
| Book Value | $117,146,495 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,149,287 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,012,724 | DepreciationAmt |
| Book Value | $1,136,563 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $41,972,073 | OtherCostOrOtherBasisAmt |
| Depreciation | $30,515,853 | DepreciationAmt |
| Book Value | $11,456,220 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $33,321,162 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,218,442 | DepreciationAmt |
| Book Value | $8,102,720 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $143,473,481 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RIGHT OF USE ASSETS | $10,590,497 |
| OTHER ASSETS | $4,026,241 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $14,616,738 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITIES | Desc |
| Amt | $11,020,997 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $11,020,997 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $139,407,929 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | -$30,367,844 | OtherRevenueAmt |
| Revenue Not Reported | -$30,367,844 | RevenueNotReportedAmt |
| Revenue Subtotal | $169,775,773 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $219,201 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $219,201 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $169,994,974 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $140,963,722 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $140,963,722 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $219,201 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $30,367,844 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $30,587,045 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $171,550,767 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | FINE ART WORK THE MAJORITY OF THE ART WORK ARE PRINTS BY YANKEL GINZBURG. THE ART WORK IS EXHIBITED THROUGHOUT VARIOUS CAMPUS BUILDINGS FOR THE CULTURAL APPRECIATION AND ENJOYMENT OF THE COLLEGE'S STUDENTS, EMPLOYEES AND VISITORS. |
| PART V, LINE 4: | ENDOWMENT FUNDS THE MAJORITY OF THE ENDOWMENT IS FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS. OTHER ENDOWMENTS ARE FOR ITEMS SUCH AS LIBRARY MATERIALS AND SERVICE TRIPS. |
| PART X, LINE 2: | THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED. MANAGEMENT DOES NOT CONSIDER FEDERAL INCOME TAXES CONNECTED WITH THE UNIVERSITY'S UNRELATED BUSINESS INCOME TO BE SIGNIFICANT. FASB ASC SUBTOPIC 740-10, INCOME TAXES - OVERALL, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE UNIVERSITY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ITS TAX POSITIONS TAKEN AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT COULD RESULT IN MATERIAL IMPACT TO THE ACCOMPANYING FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SCHOLARSHIP ALLOWANCES -30,367,844. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP ALLOWANCES 30,367,844. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | YES, THE NONDISCRIMINATORY POLICY ADS RUN IN NEWSPAPERS EACH CALENDAR YEAR IN EVERY UNIVERSITY LOCATION. |
| LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: | THE COLLEGE PARTICIPATES IN NUMEROUS FEDERAL AND STATE PROGRAMS, WHICH ARE LISTED BELOW. THESE PROGRAMS ARE AUDITED ANNUALLY IN ACCORDANCE WITH RELATED REGULATIONS. U.S. DEPARTMENT OF EDUCATION: FEDERAL PELL GRANT PROGRAM FEDERAL WORK STUDY PROGRAM FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS FEDERAL DIRECT STUDENT LOAN PROGRAM FEDERAL TEACH GRANT PROGRAM HEERF I & II - INSTITUTIONAL HEERF I - STUDENT HEERF I & II - STRENGTHING INSTITUTIONS ROBERT NOYCE TEACHER SCHOLARSHIP PROGRAM GRANTS TO REDUCE DOMESTIC VIOLENCE, DATING VIOLENCE, SEXUAL ASSAULT, STALKING ON CAMPUS EDUCATION AND HUMAN RESOURCES STATE FINANCIAL ASSISTANCE FLORIDA DEPARTMENT OF EDUCATION AND COMMISSIONER OF EDUCATION: FLORIDA RESIDENT ACCESS GRANT FLORIDA STUDENT ASSISTANCE GRANT FLORIDA BRIGHT FUTURES SCHOLARSHIP PROGRAM MINORITY TEACHER SCHOLARSHIP PROGRAM FLORIDA HONORABLY DISCHARGED GRADUATE ASSISTANCE CHILDREN OF DECEASED OR DISABLED VETERANS FLORIDA WORK EXPERIENCE PROGRAM SAINT LEO UNIVERSITY LICENSE PLATE PROJECT |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | GRANTMAKING | $2,192,679 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | GRANTMAKING | $112,117 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | GRANTMAKING | $1,588,322 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | GRANTMAKING | $78,425 |
| NORTH AMERICA | 0 | 0 | GRANTMAKING | $475,200 |
| RUSSIA AND THE NEWLY INDEPENDENT STATES - ARMENIA, AZERBIJAN, BELARUS, | 0 | 0 | GRANTMAKING | $30,685 |
| SOUTH AMERICA | 0 | 0 | GRANTMAKING | $367,526 |
| SOUTH ASIA | 0 | 0 | GRANTMAKING | $105,649 |
| SUB-SAHARAN AFRICA | 0 | 0 | GRANTMAKING | $157,149 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $4,950,603 | SubtotalSpentAmt |
| Continuation Spent | $157,149 | ContinuationSpentAmt |
| Total Spent | $5,107,752 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (40 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|
| ANNUAL SCHOLARSHIP | CENTRAL AMERICA AND THE CARIBBEAN | 3 | $3,250 | FIN AID | FMV |
| ANNUAL SCHOLARSHIP | SUB-SAHARAN AFRICA | 1 | $500 | FIN AID | FMV |
| ATHLETIC SCHOLARSHIP | CENTRAL AMERICA AND THE CARIBBEAN | 4 | $28,500 | FIN AID | FMV |
| ATHLETIC SCHOLARSHIP | EAST ASIA AND THE PACIFIC | 4 | $55,015 | FIN AID | FMV |
| ATHLETIC SCHOLARSHIP | EUROPE (INCLUDING ICELAND & GREENLAND) | 73 | $1,092,519 | FIN AID | FMV |
| ATHLETIC SCHOLARSHIP | MIDDLE EAST AND NORTH AFRICA | 2 | $29,000 | FIN AID | FMV |
| ATHLETIC SCHOLARSHIP | NORTH AMERICA | 19 | $306,190 | FIN AID | FMV |
| ATHLETIC SCHOLARSHIP | SOUTH AMERICA | 8 | $141,140 | FIN AID | FMV |
| ATHLETIC SCHOLARSHIP | SUB-SAHARAN AFRICA | 2 | $26,500 | FIN AID | FMV |
| ENDOWMENT SCHOLARSHIP | CENTRAL AMERICA AND THE CARIBBEAN | 18 | $34,000 | FIN AID | FMV |
| OTHER EDUCATIONAL SCHOLARSHIP | CENTRAL AMERICA AND THE CARIBBEAN | 5 | $30,472 | FIN AID | FMV |
| OTHER EDUCATIONAL SCHOLARSHIP | EAST ASIA AND THE PACIFIC | 1 | $3,930 | FIN AID | FMV |
| ENDOWMENT SCHOLARSHIP | EAST ASIA AND THE PACIFIC | 1 | $1,750 | FIN AID | FMV |
| ENDOWMENT SCHOLOARSHIP | EUROPE (INCLUDING ICELAND & GREENLAND) | 6 | $13,250 | FIN AID | FMV |
| ENDOWMENT SCHOLARSHIP | SOUTH ASIA | 1 | $1,000 | FIN AID | FMV |
| ENDOWMENT SCHOLARSHIP | SUB-SAHARAN AFRICA | 1 | $1,750 | FIN AID | FMV |
| INSTITUTIONAL MERIT SCHOLARSHIP | CENTRAL AMERICA AND THE CARIBBEAN | 111 | $586,333 | FIN AID | FMV |
| INSTITUTIONAL MERIT SCHOLARSHIP | EAST ASIA AND THE PACIFIC | 4 | $21,750 | FIN AID | FMV |
| INSTITUTIONAL MERIT SCHOLARSHIP | EUROPE (INCLUDING ICELAND & GREENLAND) | 58 | $314,050 | FIN AID | FMV |
| INSTITUTIONAL MERIT SCHOLARSHIP | MIDDLE EAST AND NORTH AFRICA | 7 | $26,175 | FIN AID | FMV |
| INSTITUTIONAL MERIT SCHOLARSHIP | NORTH AMERICA | 13 | $82,770 | FIN AID | FMV |
| INSTITUTIONAL MERIT SCHOLARSHIP | RUSSIA AND NEIGHBORING STATES | 1 | $5,750 | FIN AID | FMV |
| INSTITUTIONAL MERIT SCHOLARSHIP | SOUTH ASIA | 4 | $28,750 | FIN AID | FMV |
| INSTITUTIONAL MERIT SCHOLARSHIP | SUB-SAHARAN AFRICA | 10 | $80,850 | FIN AID | FMV |
| INSTITUTIONAL MERIT SCHOLARSHIP | SOUTH AMERICA | 13 | $63,750 | FIN AID | FMV |
| INSTITUTIONAL NEED BASED | CENTRAL AMERICA AND THE CARIBBEAN | 188 | $1,510,124 | FIN AID | FMV |
| INSTITUTIONAL NEED BASED | EAST ASIA AND THE PACIFIC | 8 | $29,672 | FIN AID | FMV |
| INSTITUTIONAL NEED BASED | EUROPE (INCLUDING ICELAND & GREENLAND) | 45 | $108,551 | FIN AID | FMV |
| INSTITUTIONAL NEED BASED | MIDDLE EAST AND NORTH AFRICA | 7 | $23,250 | FIN AID | FMV |
| INSTITUTIONAL NEED BASED | NORTH AMERICA | 13 | $72,500 | FIN AID | FMV |
| INSTITUTIONAL NEED BASED | RUSSIA AND NEIGHBORING STATES | 3 | $17,675 | FIN AID | FMV |
| INSTITUTIONAL NEED BASED | SOUTH AMERICA | 22 | $158,811 | FIN AID | FMV |
| INSTITUTIONAL NEED BASED | SOUTH ASIA | 12 | $68,144 | FIN AID | FMV |
| INSTITUTIONAL NEED BASED | SUB-SAHARAN AFRICA | 11 | $35,969 | FIN AID | FMV |
| OTHER EDUCATIONAL SCHOLARSHIP | EUROPE (INCLUDING ICELAND & GREENLAND) | 9 | $59,952 | FIN AID | FMV |
| OTHER EDUCATIONAL SCHOLARSHIP | NORTH AMERICA | 2 | $13,740 | FIN AID | FMV |
| OTHER EDUCATIONAL SCHOLARSHIP | RUSSIA AND NEIGHBORING STATES | 1 | $7,260 | FIN AID | FMV |
| OTHER EDUCATIONAL SCHOLARSHIP | SOUTH AMERICA | 1 | $3,825 | FIN AID | FMV |
| OTHER EDUCATIONAL SCHOLARSHIP | SOUTH ASIA | 1 | $7,755 | FIN AID | FMV |
| OTHER EDUCATIONAL SCHOLARSHIP | SUB-SAHARAN AFRICA | 1 | $11,580 | FIN AID | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | INDIVIDUALS REQUESTING ANY FORM OF FINANCIAL AID MUST COMPLETE PERSONAL FINANCIAL STATEMENTS AND IF THEY ARE DEPENDENTS, THEY MUST ALSO PROVIDE PARENTAL OR GUARDIAN FINANCIAL INFORMATION. ONLY INDIVIDUALS WHO ARE ENROLLED IN THE SCHOOL AT THE TIME OF DISBURSEMENTS ARE CONSIDERED FOR FINANCIAL AID. |
| PART III ACCOUNTING METHOD: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (6 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|
| ATHLETIC | 240 | $1,859,183 | OTHER |
| INSTITUTIONAL MERIT | 2374 | $11,357,320 | OTHER |
| ENDOWMENTS | 292 | $436,408 | OTHER |
| ANNUAL | 46 | $34,400 | OTHER |
| INSTITUTIONAL NEED BASED | 1989 | $10,378,301 | OTHER |
| OTHER EDUCATIONAL SCHOLARSHIPS | 321 | $2,253,481 | OTHER |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION OF ORGANIZATION'S PROCEDURES FOR MONITORING USE OF GRANTS: INDIVIDUALS REQUESTING ANY FORM OF FINANCIAL AID MUST COMPLETE PERSONAL FINANCIAL STATEMENTS AND IF THEY'RE DEPENDENTS, THEY MUST ALSO PROVIDE PARENTAL OR GUARDIAN FINANCIAL INFORMATION. ONLY INDIVIDUALS ENROLLED IN THE SCHOOL AT THE TIME OF DISBURSEMENTS ARE CONSIDERED FOR FINANCIAL AID. ALL SCHOLARSHIPS AWARDED TO STUDENTS MAY ONLY BE USED TO DEFRAY THE EDUCATIONAL COSTS OF MATRICULATING AT THE COLLEGE. NO STUDENT MAY DEFRAY SCHOLARSHIP FUNDS FOR PERSONAL MATTERS; ACCORDINGLY, THE COLLEGE DOES NOT UNDERTAKE FURTHER MONITORING ONCE THE SCHOLARSHIP IS AWARDED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEFFREY D SENESE | ||||||||||||||
| PRESIDENT | $404,518 | $0 | $105,000 | $0 | $15,500 | $0 | $22,800 | $0 | $49,082 | $0 | $596,900 | $0 | $0 | $0 |
| JOHN NISBET | ||||||||||||||
| CFO/VP | $278,211 | $0 | $25,000 | $0 | $0 | $0 | $15,675 | $0 | $16,251 | $0 | $335,137 | $0 | $0 | $0 |
| MELANIE STORMS | ||||||||||||||
| SENIOR VP | $275,182 | $0 | $25,000 | $0 | $0 | $0 | $12,493 | $0 | $16,251 | $0 | $328,926 | $0 | $0 | $0 |
| SENTHIL KUMAR | ||||||||||||||
| VP STRATEGIC ENROLLMENT MANAGEMENT | $247,289 | $0 | $10,000 | $0 | $19,500 | $0 | $21,048 | $0 | $7,850 | $0 | $305,687 | $0 | $0 | $0 |
| MARY SPOTO | ||||||||||||||
| VP ACADEMIC AFFAIRS | $200,535 | $0 | $15,000 | $0 | $0 | $0 | $15,975 | $0 | $8,017 | $0 | $239,527 | $0 | $0 | $0 |
| DEREK MOHAMMED | ||||||||||||||
| DEAN AND DIRECTOR OF CARDS | $202,775 | $0 | $0 | $0 | $0 | $0 | $14,175 | $0 | $8,699 | $0 | $225,649 | $0 | $0 | $0 |
| FRANCIS REIDY | ||||||||||||||
| VP & ATH DIR INTERCOLLEGIATE ATHS | $172,582 | $0 | $20,000 | $0 | $5,340 | $0 | $13,872 | $0 | $12,988 | $0 | $224,782 | $0 | $0 | $0 |
| ROBYN PARKER | ||||||||||||||
| DEAN THRU 8/11/21 | $190,011 | $0 | $0 | $0 | $0 | $0 | $13,055 | $0 | $12,533 | $0 | $215,599 | $0 | $0 | $0 |
| JENNIFER SHAW | ||||||||||||||
| VP | $175,214 | $0 | $10,000 | $0 | $0 | $0 | $14,069 | $0 | $11,917 | $0 | $211,200 | $0 | $0 | $0 |
| ERNEST VENDRELL | ||||||||||||||
| ASSOC DIRECTOR/PROFESSOR | $162,830 | $0 | $0 | $0 | $600 | $0 | $11,386 | $0 | $12,881 | $0 | $187,697 | $0 | $0 | $0 |
| JODI LAMB | ||||||||||||||
| ASSOC DIRECTOR/PROFESSOR | $156,771 | $0 | $0 | $0 | $0 | $0 | $3,691 | $0 | $9,045 | $0 | $169,507 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | HOUSING BENEFIT - PRESIDENT JEFFREY SENESE LIVES IN CAMPUS OWNED HOUSING - REQUIRED BY CONTRACT. FMV IS $33,000 PER YEAR. SOCIAL CLUB DUES - FRAN REIDY - $5,340 |
| PART I, LINE 7: | THE PRESIDENT SUBMITS HIS BONUS RECOMMENDATIONS TO THE COMPENSATION COMMITTEE BASED ON WHETHER THEIR EXECUTION GOALS AND OBJECTIVES WERE MET, BASED ON KEY METRICS (COULD CHANGE YEAR TO YEAR), AND OTHER ACCOMPLISHMENTS DURING THE YEAR. THE PRESIDENT ALSO SUBMITS HIS EXECUTION GOALS, PERFORMANCE OF KEY METRICS, AND OTHER ACCOMPLISHMENTS. THEN THE PRESIDENT AND THE COMPENSATION COMMITTEE MEET AND DISCUSS. AT A LATER DATE, THE COMPENSATION COMMITTEE DECIDES ON EXECUTIVE BONUSES AND PROVIDES IT TO THE PRESIDENT. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HIGHER EDUCATIONAL FACILITES FINANCING AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 900058227 | BondIssuerEIN |
| CUSIP | 34073TLP0 | CUSIPNum |
| Bond Issued | 2019-05-16 | BondIssuedDt |
| Issue Price | $76,995,342 | IssuePriceAmt |
| Purpose | SEE PART V | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $77,075,069 | TotalProceedsAmt |
| In Reserve Fund | $4,614,847 | InReserveFundAmt |
| Capitalized Interest | $1,612,323 | CapitalizedInterestAmt |
| Issuance Costs From Proceeds | $846,915 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $15,093,158 | CapitalExpendituresAmt |
| Other Spent Proceeds | $46,057,279 | OtherSpentProceedsAmt |
| Unspent | $8,850,547 | UnspentAmt |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I, COLUMN F: | DESCRIPTION OF PURPOSE ON MAY 16, 2019, THE HIGHER EDUCATIONAL FACILITIES FINANCING AUTHORITY (HEFFA) ISSUED ITS REVENUE REFUNDING BONDS, SERIES 2019 IN THE AMOUNT OF $68,935,000 ON BEHALF OF THE UNIVERSITY. THE PROCEEDS OF THE BONDS WERE LOANED TO THE UNIVERSITY AND WILL BE APPLIED TOGETHER WITH OTHER AVAILABLE MONEY OF THE UNIVERSITY TO (A) FINANCE AND REFINANCE A PORTION OF THE COST OF THE 2019 PROJECT (B) REFINANCE THE 2012A&B SERIES BONDS, (C) CAPITALIZE A PORTION OF INTEREST ON THE SERIES 2019 BONDS AND (D) PAY COSTS OF ISSUANCE RELATED TO THE SERIES 2019 BONDS. |
| SCHEDULE K, PART II, LINE 3 | TOTAL PROCEEDS OF $77,075,069 INCLUDE PAR VALUE OF $68,935,000, PREMIUM OF $8,060,343 AND GAIN ON REDEMPTION OF INTEREST RATE EXCHANGE AGREEMENT FOR PREVIOUS BOND HOLDINGS OF $79,726. |
Schedule M IRS990ScheduleM
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $27,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | EXPERT OPINION | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | OFFICE CHAIRS | Desc |
| Contribution | 40 | ContributionCnt |
| Noncash Contributions Rpt F990 | $45,330 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER REPORTED ON PART I COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE SHALL HAVE TEN (10) MEMBERS, ALL OF WHOM SHALL BE VOTING TRUSTEES, EXCEPT FOR THE PRESIDENT WHO SHALL BE EX OFFICIO WITHOUT VOTE AND NOT COUNTED AS PART OF A QUORUM FOR THE PURPOSE OF TRANSACTING BUSINESS. THE CHAIRPERSON, VICE CHAIRPERSON, AND SECRETARY SHALL BE MEMBERS ALONG WITH THE CHAIRPERSONS OF ALL THE BOARD STANDING COMMITTEES. IN ADDITION, ONE TRUSTEE SHALL BE NOMINATED BY THE COMMITTEE ON TRUSTEES AND ELECTED BY THE BOARD AT THE ANNUAL MEETING TO SERVE ON THE COMMITTEE. THE CHAIRPERSON SHALL INSURE THERE IS AT LEAST ONE MEMBER OF THE BENEDICTINE COMMUNITY ON THE EXECUTIVE COMMITTEE. THE PURPOSE OF THE EXECUTIVE COMMITTEE IS TWOFOLD: 1) IT SHALL SERVE AT THE PLEASURE OF THE BOARD AS ITS AGENT IN HELPING THE PRESIDENT TO ADDRESS BUSINESS MATTERS NOT OTHERWISE HEREIN SOLELY RESERVED FOR THE BOARD OF TRUSTEES OR AS OTHERWISE DELEGATED BY THE BOARD BETWEEN REGULAR BOARD MEETINGS TO CONSERVE TIME; AND 2) IT SHALL ASSIST THE CHAIRPERSON AND THE PRESIDENT IN THEIR JOINT RESPONSIBILITY TO HELP THE BOARD TO FUNCTION EFFECTIVELY AND EFFICIENTLY BY SUGGESTING THE BOARD MEETING AGENDA ITEMS AND PERIODICALLY ASSESSING THE QUALITY OF COMMITTEE WORK. THE COMMITTEE SHALL HAVE THE AUTHORITY TO TAKE ACTION ON EMERGENCY MATTERS WHICH CANNOT OR SHOULD NOT BE DEFERRED UNTIL THE BOARD'S NEXT SCHEDULED MEETING. THE COMMITTEE SHALL HAVE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING WHICH SHALL BE RESERVED FOR THE BOARD; PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD OFFICER SELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE BYLAWS, CHARTER, OR ARTICLES OF INCORPORATION; INCURRING OF CORPORATE INDEBTEDNESS IN EXCESS OF $250,000; SALE OF UNIVERSITY ASSETS OR TANGIBLE PROPERTY VALUED GREATER THAN $250,000; ADOPTION OF THE ANNUAL BUDGET; AND CONFERRAL OF DEGREES. |
| FORM 990, PART VI, SECTION B, LINE 11B | DESCRIPTION OF PROCESS USED TO REVIEW FORM 990 THE BOARD WILL RECEIVE A "FINALIZED" DRAFT COPY OF THE 990 AHEAD OF THE FEBRUARY BOARD MEETINGS. DURING THE BOARD MEETING THE MANAGEMENT TEAM WILL BRIEFLY DISCUSS AND DESCRIBE THE 990 AND WILL TAKE COMMENTS AND QUESTIONS RELATED TO THE DRAFT. THE BOARD WILL GET TO VOTE ON APPROVAL, AND ONCE APPROVED, SAINT LEO UNIVERSITY WILL SUBMIT THE 990 TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST UNIVERSITY MEMBERS SHALL AVOID FAVORITISM AND ANY POTENTIAL CONFLICT OF INTEREST OR APPEARANCE OF A CONFLICT OF INTEREST THROUGH THE FOLLOWING REQUIREMENTS: A. TRUSTEES DUTIES: ELEMENTS OF A CONFLICT. A TRUSTEE HAS A CONFLICT OF INTEREST WHENEVER THE TRUSTEE OR A FAMILY MEMBER OR A BUSINESS ASSOCIATED WITH A TRUSTEE OR A FAMILY MEMBER (INSOFAR AS MAY BE KNOWN TO THE TRUSTEE) HAS AN EXISTING OR POTENTIAL FINANCIAL OR OTHER INTEREST IN A MATTER PENDING BEFORE THE BOARD OF TRUSTEES THAT MIGHT REASONABLY BE EXPECTED TO IMPAIR THE TRUSTEE'S INDEPENDENCE OF JUDGMENT OR OBJECTIVITY IN THE DISCHARGE OF GOVERNANCE RESPONSIBILITIES. "BUSINESS ASSOCIATES WITH A TRUSTEE" MEANS AN ORGANIZATION, CORPORATION, PARTNERSHIP, PROPRIETORSHIP OR OTHER BUSINESS ENTITY WITH RESPECT TO WHICH EITHER THE TRUSTEE OR (INSOFAR AS MAY BE KNOWN TO THE TRUSTEE) A MEMBER OF THE TRUSTEE'S FAMILY: A) RECEIVES COMPENSATION IN EXCESS OF $500 IN ANY MONTH OR HAS ANY CONTRACTUAL RIGHT TO FUTURE INCOME IN EXCESS OF $6,000 PER YEAR EXCLUDING COMPENSATION FROM THE UNIVERSITY, ANY GOVERNMENTAL SOURCE, INVESTMENT OR SAVINGS INCOME, RETIREMENT OR INSURANCE BENEFITS OR ALIMONY; B) SERVES AS AN OFFICER, DIRECTOR, PARTNER, OR EMPLOYEE; C) HOLDS A FINANCIAL INTEREST VALUED IN EXCESS OF $10,000. B. BOARD RECUSAL: IMPLICATIONS OF RECUSAL. CONFLICT OF INTEREST COMES IN MANY FORMS AND CANNOT BE AVOIDED ENTIRELY. RECUSAL ON A PARTICULAR MATTER BECAUSE OF A CONFLICT DOES NOT REFLECT ADVERSELY ON THE INVOLVED TRUSTEE. RATHER, IT IS SIMPLY RECOGNITION THAT, IN A COMPLEX AND INTERCONNECTED SOCIETY, CONFLICTS WILL OCCUR. WHEN THIS HAPPENS, RECUSAL IS NECESSARY TO ASSURE THAT A TRUSTEE'S INDEPENDENCE OF JUDGMENT IS NOT COMPROMISED, THAT THE PUBLIC'S CONFIDENCE IN THE INTEGRITY OF THE BOARD OF TRUSTEES IS PRESERVED, AND THAT THE UNIVERSITY'S PUBLIC MISSION IS PROTECTED. C. CONFLICT OF INTEREST AND RECUSAL PROCEDURES: REVIEW OF PROCEDURES: THE BOARD OF TRUSTEES, WITH THE ASSISTANCE OF THE UNIVERSITY COUNSEL, SHALL REVIEW ANNUALLY AT A BOARD MEETING THE REQUIREMENTS AND PROCEDURES PROVIDED IN THIS POLICY. EACH TRUSTEE SHALL SIGN A RECEIPT INDICATING THE DATE THE CODE WAS RECEIVED AND ACKNOWLEDGING THAT THEY ARE RESPONSIBLE FOR READING THE CODE AND IS BOUND BY IT. TRUSTEES CAN SEEK CLARIFICATION OF THE CODE'S PROVISIONS FROM THE UNIVERSITY COMPLIANCE OFFICER. RECUSAL: A TRUSTEE MUST SELF RECUSE FROM A MATTER IF THE TRUSTEE HAS: A) ANY FINANCIAL INTEREST, DIRECT OR INDIRECT, THAT IS INCOMPATIBLE WITH THE DISCHARGE OF THE TRUSTEE'S PUBLIC DUTIES, OR B) ANY PERSONAL INTEREST, DIRECT OR INDIRECT, THAT IS INCOMPATIBLE WITH THE DISCHARGE OF THE TRUSTEE'S PUBLIC DUTIES. D. UNIVERSITY MEMBERS EXPECTED BEHAVIOR: NO EMPLOYEE SHALL HAVE ANY INTEREST, FINANCIAL OR OTHERWISE, DIRECT OR INDIRECT, OR ENGAGE IN ANY BUSINESS TRANSACTION OR PROFESSIONAL ACTIVITY, THAT IS IN SUBSTANTIAL CONFLICT WITH THE PROPER DISCHARGE OF THE EMPLOYEE'S DUTIES. E. ADDITIONAL OBLIGATIONS: TRUSTEE AND SENIOR ADMINISTRATIVE PERSONNEL HAVE A DUTY TO THE UNIVERSITY TO ALWAYS ACT IN GOOD FAITH, WITH THE CARE AN ORDINARY PRUDENT PERSON IN A LIKE POSITION WOULD EXERCISE UNDER SIMILAR CIRCUMSTANCES, AND IN A MANNER REASONABLY BELIEVED TO BE IN THE BEST INTERESTS OF THE UNIVERSITY. PERSONS OCCUPYING THESE POSITIONS OF TRUST SHALL COMPLETE AND SUBMIT, ON AT LEAST AN ANNUAL BASIS, A CONFLICT OF INTEREST DISCLOSURE FORM ("FORM"). THE FORM SHALL BE AMENDED FOR FREQUENTLY, AS NEEDED, WHENEVER THERE IS A MATERIAL CHANGE IN THE CIRCUMSTANCES OF THE REPORTING PERSON THAT WOULD MAKE THE FORM THEN ON FILE MATERIALLY FALSE OR MISLEADING. IN ADDITION, ALL TRUSTEES MUST AGREE AND SIGN A STATEMENT OF RESPONSIBILITIES ("STATEMENT") THAT WILL PROVIDE SOME GUIDANCE ON THE SPECIAL RESPONSIBILITIES ATTENDED TO THAT OFFICE. THE FORM AND THE STATEMENT MAY BE CHANGED FROM TIME TO TIME BY THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15 | OFFICES & POSITIONS FOR WHICH PROCESS WAS USED THE UNIVERSITY HIRES AN INDEPENDENT CONSULTANT TO REVIEW AND MAKE RECOMMENDATIONS FOR THE PRESIDENT'S COMPENSATION PACKAGE BASED OFF OF INDUSTRY, TRENDS, ETC. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DECIDES WHAT THE PRESIDENT'S COMPENSATION WILL BE AFTER REVIEWING THE CONSULTANT'S WORK AND RECOMMENDATION. FORM 990, PART VI, SECTION B, LINE 15B: OFFICES & POSITIONS FOR WHICH PROCESS WAS USED THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES ALL SALARIES AND BASES THEIR REVIEW ON SALARY TRENDING AND OTHER COMPENSATION RELATED INFORMATION. THE PROCESS IS USED TO ESTABLISH COMPENSATION FOR THE FOLLOWING OFFICES AND POSITIONS: UNIVERSITY PRESIDENT SENIOR VICE PRESIDENT VICE PRESIDENT OF STUDENT AFFAIRS VICE PRESIDENT OF ACADEMIC AFFAIRS VICE PRESIDENT OF BUSINESS AFFAIRS VICE PRESIDENT OF STRATEGIC ENROLLMENT MANAGEMENT UNIVERSITY GENERAL COUNSEL |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 601,705. |