EMBRY-RIDDLE AERONAUTICAL: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- EMBRY-RIDDLE AERONAUTICAL (EIN 59-0936101)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-13
- IRS object ID
- 202221339349309987
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-13T18:25:13-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8350 BROAD STREET SUITE 900 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | 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 | 590936101 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EMBRY-RIDDLE AERONAUTICAL UNIVERSITY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EMBR | BusinessNameControlTxt |
| Phone | 3862266000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 AEROSPACE BLVD | AddressLine1Txt |
| City | DAYTONA BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32114 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RANDALL B HOWARD PHD | PersonNm |
| Person Title | SENIOR VP AND CFO | PersonTitleTxt |
| Phone | 3862266000 | PhoneNum |
| Signature | 2022-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RANDALL | PersonFirstNm |
| Person Last | HOWARD PHD | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JONATHAN LIST | PreparerPersonNm |
| PTIN | P01679255 | PTIN |
| Phone | 7032868000 | PhoneNum |
| Preparation | 2022-05-11 | PreparationDt |
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 | RANDALL B HOWARD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 AEROSPACE BLVD | AddressLine1Txt |
| City | DAYTONA BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $811,246,837 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ERAU.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1960 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O.EMBRY-RIDDLE AERONAUTICAL UNIVERSITY, INC. (ERAU) IS A PRIVATE CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING. ERAU HAS LONG BEEN THE ESTABLISHED LEADER IN AERONAUTICS AND AEROSPACE EDUCATION, AND ERAU'S AVIATION BACKGROUND HAS EXPANDED OVER THE YEARS TO INCLUDE SEVEN PRIMARY FIELDS OF STUDY: APPLIED SCIENCE, AVIATION, BUSINESS, COMPUTERS AND TECHNOLOGY, ENGINEERING, SPACE, AND SAFETY, SECURITY AND INTELLIGENCE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 6927 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $50,260 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $36,095,261 | PYContributionsGrantsAmt |
| CY Contributions Grants | $51,495,298 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $516,970,894 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $555,043,432 | CYProgramServiceRevenueAmt |
| PY Investment Income | $8,184,287 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,379,622 | CYInvestmentIncomeAmt |
| PY Other Revenue | $491,664 | PYOtherRevenueAmt |
| CY Other Revenue | $400,133 | CYOtherRevenueAmt |
| PY Total Revenue | $561,742,106 | PYTotalRevenueAmt |
| CY Total Revenue | $616,318,485 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $118,622,193 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $128,345,091 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $247,302,649 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $255,973,792 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,625,965 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $132,649,188 | PYOtherExpensesAmt |
| CY Other Expenses | $133,898,125 | CYOtherExpensesAmt |
| PY Total Expenses | $498,574,030 | PYTotalExpensesAmt |
| CY Total Expenses | $518,217,008 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $63,168,076 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $98,101,477 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,097,177,529 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,265,271,185 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $444,811,915 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $466,304,857 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $652,365,614 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $798,966,328 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE OERAU IS THE WORLD LEADER IN AVIATION AND AEROSPACE HIGHER EDUCATION. ERAU'S MISSION IS TO TEACH THE SCIENCE, PRACTICE AND BUSINESS OF AVIATION AND AEROSPACE, PREPARING STUDENTS FOR PRODUCTIVE CAREERS AND LEADERSHIP ROLES IN BUSINESS, GOVERNMENT AGENCIES AND THE MILITARY. ERAU'S REPUTATION AS A LEADER IN AVIATION AND AEROSPACE HIGHER EDUCATION IS GROUNDED IN ITS AVIATION ROOTS DATING BACK TO 1926. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $409,568,200 | ExpenseAmt |
| Grant | $128,345,091 | GrantAmt |
| Revenue | $555,000,527 | RevenueAmt |
| Desc | ERAU PROVIDES COMPREHENSIVE EDUCATION LEADING TO ASSOCIATE, BACHELOR, MASTER AND DOCTORAL DEGREES, SEMINARS, SHORT COURSES AND RESEARCH ACTIVITY TO PART-TIME AND FULL-TIME STUDENTS. | Desc |
| Total Program Service Expenses | $409,568,200 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | 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 | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | 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 | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 380 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 6927 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | BR | ForeignCountryCd |
| Foreign Country | SN | ForeignCountryCd |
| Foreign Country | GM | ForeignCountryCd |
| 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 | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | 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 | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JARE ALLOCCO ALLEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3863238078 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 AEROSPACE BLVD | AddressLine1Txt |
| City | DAYTONA BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32114 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| MORTEZA HOSSEINI | ||||||||||
| BOARD MEMBER - CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES HENDERSON | ||||||||||
| BOARD MEMBER - VICE CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOSEPH MARTIN | ||||||||||
| BOARD MEMBER - TREASURER | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ZANE ROWE | ||||||||||
| BOARD MEMBER - SECRETARY | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN AMORE | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| KENNETH DUFOUR | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHARLES DUVA | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| RONALD KEYS | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JON SLANGERUP | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID O'MALEY | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| GLENN S RITCHEY | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID ROBERTSON | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEAN G ROSANVALLON | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| SALLY MASON | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JANET KAVANDI | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| NEAL KEATING | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEVEN NORDLUND | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| P BARRY BUTLER | ||||||||||
| PRESIDENT | 50.00 | 0.00 | $784,279 | $0 | $40,522 | Yes (X) | ||||
| RANDALL HOWARD | ||||||||||
| SVP, CFO | 50.00 | 0.00 | $495,728 | $0 | $40,438 | Yes (X) | ||||
| JOHN WATRET | ||||||||||
| CHANCELLOR, WORLDWIDE CAMPUS | 45.00 | 0.00 | $443,275 | $0 | $41,039 | Yes (X) | ||||
| RODNEY CRUISE | ||||||||||
| SVP ADMINISTRATION & COO | 40.00 | 0.00 | $385,136 | $0 | $37,728 | Yes (X) | ||||
| LON MOELLER | ||||||||||
| SVP ACADEMIC AFFAIRS PROVOST | 40.00 | 0.00 | $359,272 | $0 | $40,980 | Yes (X) | ||||
| ANETTE KARLSSON | ||||||||||
| CHANCELLOR, PRESCOTT CAMPUS | 40.00 | 0.00 | $323,566 | $0 | $27,842 | Yes (X) | ||||
| CHARLIE SEVASTOS | ||||||||||
| VP AND GENERAL COUNSEL | 40.00 | 0.00 | $253,629 | $0 | $30,380 | Yes (X) | ||||
| MARC ARCHAMBAULT | ||||||||||
| SVP PHILANTHROPY ALUMNI ENGAGEMENT | 40.00 | 0.00 | $235,435 | $0 | $32,104 | Yes (X) | ||||
| REBECCA VASQUEZ | ||||||||||
| VICE PRESIDENT, CIO | 40.00 | 0.00 | $232,932 | $0 | $28,185 | Yes (X) | ||||
| BRANDON YOUNG | ||||||||||
| VICE PRESIDENT, CHRO | 40.00 | 0.00 | $225,484 | $0 | $34,956 | Yes (X) | ||||
| JASON RUCKERT | ||||||||||
| VICE PRESIDENT, ENROLL MGMT | 40.00 | 0.00 | $212,730 | $0 | $30,659 | Yes (X) | ||||
| STEVEN RIDDER | ||||||||||
| HEAD BASKETBALL COACH DB | 40.00 | 0.00 | $453,854 | $0 | $36,800 | Yes (X) | ||||
| MAJ DEAN MIRMIRANI | ||||||||||
| DEAN, COLLEGE OF ENGINEERING | 40.00 | 0.00 | $264,716 | $0 | $25,883 | Yes (X) | ||||
| REMZI SEKER | ||||||||||
| ASSOCIATE PROVOST | 40.00 | 0.00 | $251,442 | $0 | $37,705 | Yes (X) | ||||
| ANASTASIOS LYRINTZIS | ||||||||||
| DEPARTMENT CHAIR | 40.00 | 0.00 | $248,322 | $0 | $36,736 | Yes (X) | ||||
| SCOTT SHAPPELL | ||||||||||
| DEPARTMENT CHAIR | 40.00 | 0.00 | $245,630 | $0 | $37,118 | Yes (X) | ||||
| FRANCIS AYERS | ||||||||||
| FORMER CHANCELLOR, PRESCOTT CAMPUS | 40.00 | 0.00 | $142,054 | $0 | $13,707 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,557,484 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $572,782 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 377 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | 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 |
|---|---|---|---|---|---|
| PERRY MCCALL CONSTRUCTION INC | |||||
| 6104 SOUTH GAZEBO PARK PLACE | JACKSONVILLE | FL | 32257 | CONSTRUCTION SERVICES | $33,214,173 |
| COLLABORATIVE SOLUTIONS | |||||
| 11190 SUNRISE VALLEY DR STE 110 | RESTON | VA | 20191 | CONSULTING | $2,162,188 |
| COLEMAN GOODEMOTE CONSTRUCTION INC | |||||
| 619 N BEACH ST | DAYTONA BEACH | FL | 32114 | CONSTRUCTION SERVICES | $2,091,029 |
| WFF FACILITY SERVICES | |||||
| 211 S JEFFERSON AVE | ST LOUIS | MO | 63103 | FACILITY SERVICES | $2,056,900 |
| EAB GLOBAL INC | |||||
| 1920 EAST PARHAM ROAD | RICHMOND | VA | 23228 | MARKETING RECRUIT | $1,848,643 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 97 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $105,715 | FundraisingAmt |
| Government Grants | $45,293,323 | GovernmentGrantsAmt |
| All Other Contributions | $6,096,260 | AllOtherContributionsAmt |
| Noncash Contributions | $314,921 | NoncashContributionsAmt |
| Total Contributions | $51,495,298 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | HIGHER EDUCATION | Desc |
| Business | 611310 | BusinessCd |
| Total Revenue Column | $555,043,432 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $554,993,172 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $50,260 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $555,043,432 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,824,000 | TotalRevenueColumnAmt |
| Exclusion | $5,824,000 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,499 | TotalRevenueColumnAmt |
| Exclusion | $8,499 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $379,751 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $379,751 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $379,751 | TotalRevenueColumnAmt |
| Exclusion | $379,751 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $197,144,908 | SecuritiesAmt |
| Other | $1,182,198 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $193,418,713 | SecuritiesAmt |
| Other | $1,361,270 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,726,195 | SecuritiesAmt |
| Other | -$179,072 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,547,123 | TotalRevenueColumnAmt |
| Exclusion | $3,547,123 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $57,580 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $105,715 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $44,553 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,027 | TotalRevenueColumnAmt |
| Exclusion | $13,027 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $111,171 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $103,816 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,355 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,355 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $616,318,485 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $555,000,527 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $50,260 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,772,400 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,000 | TotalAmt |
| Program Services | $111,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,234,091 | TotalAmt |
| Program Services | $128,234,091 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,746,421 | TotalAmt |
| Management And General | $4,746,421 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,727 | TotalAmt |
| Program Services | $150,727 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,093,184 | TotalAmt |
| Program Services | $147,167,900 | ProgramServicesAmt |
| Management And General | $44,054,480 | ManagementAndGeneralAmt |
| Fundraising | $1,870,804 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,790,346 | TotalAmt |
| Program Services | $11,024,474 | ProgramServicesAmt |
| Management And General | $3,625,688 | ManagementAndGeneralAmt |
| Fundraising | $140,184 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,673,807 | TotalAmt |
| Program Services | $21,379,527 | ProgramServicesAmt |
| Management And General | $7,022,752 | ManagementAndGeneralAmt |
| Fundraising | $271,528 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,519,307 | TotalAmt |
| Program Services | $10,825,803 | ProgramServicesAmt |
| Management And General | $3,556,014 | ManagementAndGeneralAmt |
| Fundraising | $137,490 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $803,294 | TotalAmt |
| Management And General | $803,294 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $481,858 | TotalAmt |
| Management And General | $481,858 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $286,090 | TotalAmt |
| Program Services | $286,090 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,331,219 | TotalAmt |
| Management And General | $1,331,219 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,082,690 | TotalAmt |
| Program Services | $10,682,259 | ProgramServicesAmt |
| Management And General | $7,339,764 | ManagementAndGeneralAmt |
| Fundraising | $60,667 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,869,846 | TotalAmt |
| Program Services | $2,260,262 | ProgramServicesAmt |
| Management And General | $608,757 | ManagementAndGeneralAmt |
| Fundraising | $827 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,039,733 | TotalAmt |
| Program Services | $5,707,263 | ProgramServicesAmt |
| Management And General | $5,298,565 | ManagementAndGeneralAmt |
| Fundraising | $33,905 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,488,737 | TotalAmt |
| Program Services | $1,912,359 | ProgramServicesAmt |
| Management And General | $1,574,435 | ManagementAndGeneralAmt |
| Fundraising | $1,943 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,466,096 | TotalAmt |
| Program Services | $7,795,047 | ProgramServicesAmt |
| Management And General | $5,671,049 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,327,503 | TotalAmt |
| Program Services | $1,068,426 | ProgramServicesAmt |
| Management And General | $237,657 | ManagementAndGeneralAmt |
| Fundraising | $21,420 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,447,552 | TotalAmt |
| Program Services | $1,249,380 | ProgramServicesAmt |
| Management And General | $194,081 | ManagementAndGeneralAmt |
| Fundraising | $4,091 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,100,621 | TotalAmt |
| Program Services | $6,987,606 | ProgramServicesAmt |
| Management And General | $1,113,015 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,183,356 | TotalAmt |
| Program Services | $33,877,410 | ProgramServicesAmt |
| Management And General | $3,305,946 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,540,403 | TotalAmt |
| Program Services | $2,415,175 | ProgramServicesAmt |
| Management And General | $3,125,228 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EQUIP. RENTAL & MAINT. | $20,374,184 | $10,415,499 | $9,949,685 | $9,000 |
| FUEL & OIL | $3,915,183 | $3,779,327 | $135,856 | |
| PRINTING & PUBS | $2,083,198 | $744,235 | $1,282,023 | $56,940 |
| MISCELLANEOUS | $793,759 | $483,134 | $309,111 | $1,514 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,282,803 | TotalAmt |
| Program Services | $1,011,206 | ProgramServicesAmt |
| Management And General | $255,945 | ManagementAndGeneralAmt |
| Fundraising | $15,652 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $518,217,008 | TotalAmt |
| Program Services | $409,568,200 | ProgramServicesAmt |
| Management And General | $106,022,843 | ManagementAndGeneralAmt |
| Fundraising | $2,625,965 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,268,721 | BOYAmt |
| EOY | $27,825,834 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,374,460 | BOYAmt |
| EOY | $327,598,570 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,441,984 | BOYAmt |
| EOY | $5,412,792 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,304,384 | BOYAmt |
| EOY | $26,492,030 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,577,941 | BOYAmt |
| EOY | $7,205,666 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,942,215 | BOYAmt |
| EOY | $3,884,379 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,574,253 | BOYAmt |
| EOY | $10,394,560 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $989,842,204 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $434,965,713 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $515,886,767 | BOYAmt |
| EOY | $554,876,491 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,819,140 | BOYAmt |
| EOY | $253,888,658 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,553,219 | BOYAmt |
| EOY | $20,624,699 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,434,445 | BOYAmt |
| EOY | $27,067,506 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,097,177,529 | BOYAmt |
| EOY | $1,265,271,185 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,937,463 | BOYAmt |
| EOY | $54,911,507 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,748,863 | BOYAmt |
| EOY | $28,249,860 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $271,742,564 | BOYAmt |
| EOY | $263,730,168 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,259,969 | BOYAmt |
| EOY | $74,088,490 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,123,056 | BOYAmt |
| EOY | $45,324,832 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $444,811,915 | BOYAmt |
| EOY | $466,304,857 | 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 | $574,692,674 | BOYAmt |
| EOY | $703,500,744 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,672,940 | BOYAmt |
| EOY | $95,465,584 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $652,365,614 | BOYAmt |
| EOY | $798,966,328 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,097,177,529 | BOYAmt |
| EOY | $1,265,271,185 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $98,101,477 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $48,507,642 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$8,405 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,825,404 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,535,121 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $36,906,226 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $36,095,261 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $51,495,298 | CurrentTaxYearAmt |
| Total | $155,857,310 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,825,404 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,535,121 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $36,906,226 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $36,095,261 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $51,495,298 | CurrentTaxYearAmt |
| Total | $155,857,310 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,974,765 | SubstantialContributorsTotAmt |
| Public Support Total170 | $149,882,545 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,708,537 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,352,837 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,477,830 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,968,689 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,212,250 | CurrentTaxYearAmt |
| Total | $30,720,143 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $186,577,453 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,456,717,211 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80330 | PublicSupportCY170Pct |
| Public Support PY170 | 0.76160 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $286,090 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $286,090 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART II-B 1G | FormAndLineReferenceDesc |
| Explanation | ERAU RETAINS LOBBYING FIRMS AT THE STATE AND FEDERAL LEVELS. ERAU'S LOBBYING ACTIVITIES AT THE STATE LEVEL ARE IN SUPPORT OF PROGRAMS THAT BENEFIT STUDENTS OF PRIVATE INSTITUTIONS WITHIN THE STATE AND OTHER POLICY OR FUNDING ISSUES THAT ARE OF INTEREST TO ERAU. AT THE FEDERAL LEVEL, ERAU'S LOBBYING ACTIVITIES FOCUS ON SUPPORT OF ITS RESEARCH ACTIVITIES AND OTHER EDUCATIONAL INITIATIVES. FEDERAL LOBBYING EFFORTS ALSO FOCUS ON ADVOCATING FOR POLICY DEVELOPMENT WITHIN THE FEDERAL AVIATION ADMINISTRATION (FAA) THAT WILL POSITIVELY IMPACT ERAU'S STUDENTS AS THEY PROGRESS THROUGH PILOT OR AIR TRAFFIC MANAGEMENT EDUCATIONAL PROGRAMS - TWO AREAS HEAVILY REGULATED BY THE FAA. ERAU WORKS TO MAKE THE FAA AWARE OF HOW POTENTIAL POLICY CHANGES AFFECT COLLEGIATE PROGRAMS. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $1,929,806 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
| Incl Escrow Custodial Acct Liab | 0 | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $172,374,000 | BeginningYearBalanceAmt |
| Contributions | $20,075,000 | ContributionsAmt |
| Investment Earnings Or Losses | $56,358,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,987,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $242,820,000 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $161,405,000 | BeginningYearBalanceAmt |
| Contributions | $9,377,000 | ContributionsAmt |
| Investment Earnings Or Losses | $3,074,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,482,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $172,374,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $134,498,000 | BeginningYearBalanceAmt |
| Contributions | $22,481,000 | ContributionsAmt |
| Investment Earnings Or Losses | $5,780,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,354,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $161,405,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $124,599,000 | BeginningYearBalanceAmt |
| Contributions | $1,033,000 | ContributionsAmt |
| Investment Earnings Or Losses | $10,200,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,334,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $134,498,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $107,307,000 | BeginningYearBalanceAmt |
| Contributions | $3,163,000 | ContributionsAmt |
| Investment Earnings Or Losses | $15,260,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,131,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $124,599,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.66800 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.18600 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.14600 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,734,859 | OtherCostOrOtherBasisAmt |
| Book Value | $9,734,859 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $585,208,460 | OtherCostOrOtherBasisAmt |
| Depreciation | $210,506,743 | DepreciationAmt |
| Book Value | $374,701,717 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $256,422,804 | OtherCostOrOtherBasisAmt |
| Depreciation | $169,851,513 | DepreciationAmt |
| Book Value | $86,571,291 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $138,476,081 | OtherCostOrOtherBasisAmt |
| Depreciation | $54,607,457 | DepreciationAmt |
| Book Value | $83,868,624 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $554,876,491 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| RIGHT OF USE OPERATING LEASE LIABILITIES | $27,094,650 |
| STUDENT DEPOSITS/ADV PAYMENTS | $10,878,776 |
| ADVANCES, STUDENT LOANS/FIN AID | $7,259,622 |
| ANNUITIES PAYABLE | $91,784 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $45,324,832 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | SCHEDULE D, PART X, LINE 2: ERAU IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS AMENDED AND, EXCEPT FOR UNRELATED BUSINESS INCOME, IS EXEMPT FROM FEDERAL INCOME TAXES. THERE WAS NO PROVISION FOR INCOME TAXES DUE ON UNRELATED BUSINESS INCOME IN FISCAL YEARS 2021 AND 2020, AND THERE ARE NO UNCERTAIN TAX POSITIONS CONSIDERED TO BE MATERIAL. |
| SCHEDULE D, PART III, LINE 4: | REFERENCED COLLECTIONS INCLUDE ACCIDENT INVESTIGATION CASE FILES; TECHNICAL PAPERS, REPORTS AND REFERENCE MATERIALS. THE COLLECTION IS OPEN FOR ACADEMIC AND PUBLIC RESEARCH. THE PUBLIC ART COLLECTION IS A SERIES OF 27 PIECES OF FINE ART INCLUDING, BUT NOT LIMITED TO, SCULPTURES, STATUES AND PAINTINGS. THIS COLLECTION SERVES TO ENRICH THE CULTURAL AND EDUCATIONAL ENVIRONMENT OF ERAU. |
| SCHEDULE D, PART V, LINE 4: | ENDOWMENT FUNDS ARE USED PRIMARILY FOR STUDENT SCHOLARSHIPS. |
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 | PUBLICATION OF NON-DISCRIMINATORY POLICY ERAU PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE AND ADMISSIONS APPLICATIONS, BOTH OF WHICH MAY BE ACCESSED BY THE GENERAL COMMUNITY IT SERVES AND THE PUBLIC. |
| SCHEDULE E, PART I, LINE 6: | ERAU RECEIVES FINANCIAL ASSISTANCE FROM FEDERAL AND STATE AGENCIES FOR STUDENT FINANCIAL AID AND ACADEMIC RESEARCH. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC | 1 | 18 | PROGRAM SERVICES | HIGHER EDUCATION | $3,213,753 |
| EUROPE | 1 | 3 | PROGRAM SERVICES | HIGHER EDUCATION | $302,681 |
| SOUTH AMERICA | 1 | 7 | PROGRAM SERVICES | HIGHER EDUCATION | $56,000 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $11,403,468 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 3 | SubtotalOfficesCnt |
| Subtotal Employees | 28 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 3 | TotalOfficeCnt |
| Total Employee | 28 | TotalEmployeeCnt |
| Subtotal Spent | $14,975,902 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $14,975,902 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $39,405 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $21,725 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $17,680 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $5,415 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $293 | OtherDirectExpensesEvent1Amt |
| Event2 | GOLF TOURNAMENT | Event2Nm |
| Gross Receipts Event2 | $96,500 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $58,920 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $37,580 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $20,054 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $11,521 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $3,974 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $27,390 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $25,070 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $2,320 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $3,296 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $163,295 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $105,715 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $57,580 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $25,469 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $11,521 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $7,563 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $44,553 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $13,027 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|---|---|---|---|---|
| EXPERIMENTAL AIRCRAFT ASSOCIATION INC | ||||||||||
| 3000 POBEREZNY ROAD | OSHKOSH | WI | 54902 | 390917537 | 501(C)(3) | $57,500 | NATIONAL CONVENTION SPONSORSHIP | |||
| EAA AVIATION FOUNDATION INC | ||||||||||
| 3000 POBEREZNY ROAD | OSHKOSH | WI | 54902 | 391033301 | 501(C)(3) | EDUCATIONAL AND SCIENTIFIC PURPOSES | $13,500 | BOOK | AIRCRAFT | |
| MUSEUM OF ARTS AND SCIENCES INC | ||||||||||
| 352 SOUTH NOVA ROAD | DAYTONA BEACH | FL | 32114 | 591022050 | 501(C)(3) | $10,000 | EXHIBIT SPONSORSHIP | |||
| ENTERPRISE FLORIDA INC | ||||||||||
| 800 NORTH MAGNOLIA AVE | ORLANDO | FL | 32803 | 593165226 | 501(C)(3) | $10,000 | EVENT SPONSORSHIP | |||
| NOVAPPROACH SPINE LLC | ||||||||||
| 13900 TECH CITY CIRCLE STE 300 | ALACHUA | FL | 32615 | 843873119 | $10,000 | COMPETITION PRIZE SPONSORSHIP | ||||
| SWALLY INC | ||||||||||
| 1410 SOARING FLIGHT WAY | JACKSONVILLE | FL | 32225 | $10,000 | COMPETITION PRIZE SPONSORSHIP | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| STUDENT FINANCIAL AID | 20246 | $126,643,124 |
| CARES ACT EMERGENCY FINANCIAL AID GRANTS TO STUDENTS | 3438 | $1,590,967 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE I, PART I, LINE 2 | ERAU IS NOT A GRANTMAKING ORGANIZATION PER SE IN THAT ITS FUNDAMENTAL MISSION AND PURPOSE FOR TAX-EXEMPT STATUS RELATES TO EDUCATION. HOWEVER, IN THE COURSE OF ITS MISSION-RELATED ACTIVITIES, ERAU DOES MAKE PAYMENTS THAT MEET THE DEFINITION OF "GRANTMAKING" AS DEFINED BY THE INSTRUCTIONS TO SCHEDULE I OF FORM 990. THESE PAYMENTS FALL INTO TWO CATEGORIES: (1) STUDENT FINANCIAL AID: ERAU OFFERS STUDENT FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND GRANTS WHICH ARE PROVIDED BY ERAU AND FEDERAL AND STATE GOVERNMENTS. ERAU'S FINANCIAL AID IS AWARDED TO STUDENTS WHO DEMONSTRATE ELIGIBILITY BASED ON FINANCIAL NEED, COMPETE IN INTERCOLLEGIATE ATHLETICS, DEMONSTRATE ACADEMIC MERIT, ETC. THE OFFICE OF FINANCIAL AID DETERMINES STUDENTS' ELIGIBILITY FOR NEED-BASED AID. (2) CHARITABLE CONTRIBUTIONS: CHARITABLE CONTRIBUTIONS ARE MADE IN ACCORDANCE WITH ERAU POLICY AND ALL APPLICABLE LAWS AND REGULATIONS. |
| SCHEDULE I, PART III, LINE 2, COLUMN (C) | AMOUNTS OF CASH GRANTS REPRESENT CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT EMERGENCY FINANCIAL AID GRANTS TO STUDENTS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| 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 |
| 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 (17 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P BARRY BUTLER | ||||||||||||||
| PRESIDENT | $551,855 | $0 | $115,130 | $0 | $117,294 | $0 | $27,075 | $0 | $13,447 | $0 | $824,801 | $0 | $0 | $0 |
| RANDALL HOWARD | ||||||||||||||
| SVP, CFO | $432,491 | $0 | $60,130 | $0 | $3,107 | $0 | $27,075 | $0 | $13,363 | $0 | $536,166 | $0 | $0 | $0 |
| STEVEN RIDDER | ||||||||||||||
| HEAD BASKETBALL COACH DB | $447,136 | $0 | $880 | $0 | $5,838 | $0 | $27,075 | $0 | $9,725 | $0 | $490,654 | $0 | $0 | $0 |
| JOHN WATRET | ||||||||||||||
| CHANCELLOR, WORLDWIDE CAMPUS | $379,744 | $0 | $50,880 | $0 | $12,651 | $0 | $27,075 | $0 | $13,964 | $0 | $484,314 | $0 | $0 | $0 |
| RODNEY CRUISE | ||||||||||||||
| SVP ADMINISTRATION & COO | $323,047 | $0 | $60,130 | $0 | $1,959 | $0 | $27,075 | $0 | $10,653 | $0 | $422,864 | $0 | $0 | $0 |
| LON MOELLER | ||||||||||||||
| SVP ACADEMIC AFFAIRS PROVOST | $355,653 | $0 | $130 | $0 | $3,489 | $0 | $27,075 | $0 | $13,905 | $0 | $400,252 | $0 | $0 | $0 |
| ANETTE KARLSSON | ||||||||||||||
| CHANCELLOR, PRESCOTT CAMPUS | $322,148 | $0 | $130 | $0 | $1,288 | $0 | $27,075 | $0 | $767 | $0 | $351,408 | $0 | $0 | $0 |
| MAJ DEAN MIRMIRANI | ||||||||||||||
| DEAN, COLLEGE OF ENGINEERING | $260,996 | $0 | $130 | $0 | $3,590 | $0 | $24,809 | $0 | $1,074 | $0 | $290,599 | $0 | $0 | $0 |
| REMZI SEKER | ||||||||||||||
| ASSOCIATE PROVOST | $251,076 | $0 | $130 | $0 | $236 | $0 | $24,384 | $0 | $13,321 | $0 | $289,147 | $0 | $0 | $0 |
| ANASTASIOS LYRINTZIS | ||||||||||||||
| DEPARTMENT CHAIR | $246,130 | $0 | $130 | $0 | $2,062 | $0 | $23,787 | $0 | $12,949 | $0 | $285,058 | $0 | $0 | $0 |
| CHARLIE SEVASTOS | ||||||||||||||
| VP AND GENERAL COUNSEL | $250,782 | $0 | $130 | $0 | $2,717 | $0 | $24,289 | $0 | $6,091 | $0 | $284,009 | $0 | $0 | $0 |
| SCOTT SHAPPELL | ||||||||||||||
| DEPARTMENT CHAIR | $244,557 | $0 | $130 | $0 | $943 | $0 | $23,765 | $0 | $13,353 | $0 | $282,748 | $0 | $0 | $0 |
| MARC ARCHAMBAULT | ||||||||||||||
| SVP PHILANTHROPY ALUMNI ENGAGEMENT | $233,777 | $0 | $130 | $0 | $1,528 | $0 | $22,797 | $0 | $9,307 | $0 | $267,539 | $0 | $0 | $0 |
| REBECCA VASQUEZ | ||||||||||||||
| VICE PRESIDENT, CIO | $229,313 | $0 | $130 | $0 | $3,489 | $0 | $21,928 | $0 | $6,257 | $0 | $261,117 | $0 | $0 | $0 |
| BRANDON YOUNG | ||||||||||||||
| VICE PRESIDENT, CHRO | $223,817 | $0 | $130 | $0 | $1,537 | $0 | $21,895 | $0 | $13,061 | $0 | $260,440 | $0 | $0 | $0 |
| JASON RUCKERT | ||||||||||||||
| VICE PRESIDENT, ENROLL MGMT | $211,176 | $0 | $130 | $0 | $1,424 | $0 | $20,587 | $0 | $10,072 | $0 | $243,389 | $0 | $0 | $0 |
| FRANCIS AYERS | ||||||||||||||
| FORMER CHANCELLOR, PRESCOTT CAMPUS | $141,361 | $0 | $130 | $0 | $563 | $0 | $13,429 | $0 | $278 | $0 | $155,761 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J PART I, LINE 1A | FIRST-CLASS OR CHARTER TRAVEL HAS BEEN APPROVED FOR THE PRESIDENT AND HIS SPOUSE (WHEN TRAVELING FOR A BONA FIDE BUSINESS PURPOSE OF THE UNIVERSITY; PLEASE SEE BELOW) BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND AS STATED IN THE PRESIDENT'S EMPLOYMENT CONTRACT. CABINET MEMBERS AND OTHER EMPLOYEES MAY TRAVEL FIRST- OR BUSINESS/PREMIUM-CLASS, BASED ON CERTAIN CONDITIONS, AS PER THE UNIVERSITY'S TRAVEL POLICY. PREAPPROVAL OF FIRST- OR BUSINESS/PREMIUM CLASS OR CHARTER TRAVEL IS REQUIRED BY THE EMPLOYEE'S SENIOR LEADERSHIP AND THE SENIOR VICE PRESIDENT AND CFO OR PRESIDENT. TRAVEL FOR SPOUSE/COMPANION - A SPOUSE/COMPANION OF CABINET MEMBERS, TRUSTEES, AND OTHER EMPLOYEES OF ERAU MAY TRAVEL TO FUNCTIONS OR OTHER EVENTS RELATED TO THE ONGOING BUSINESS OF ERAU. ERAU WILL REIMBURSE FOR SPOUSE/COMPANION TRAVEL ONLY WHEN THERE IS A BONA FIDE BUSINESS PURPOSE FOR THE PRESENCE OF THE SPOUSE/COMPANION. ALL SPOUSE/COMPANION TRAVEL TO BE REIMBURSED MUST BE PREAPPROVED BY AN INDIVIDUAL IN THE EMPLOYEE'S SUPERVISORY CHAIN WHO IS A SENIOR LEADER AND BY THE SENIOR VICE PRESIDENT AND CFO. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - HOUSING ALLOWANCE IS PROVIDED TO THE PRESIDENT AS APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND STATED IN THE PRESIDENT'S EMPLOYMENT CONTRACT. HOUSING IS PROVIDED TO A KEY EMPLOYEE. THE HOUSING IS FURNISHED ON THE BUSINESS PREMISES OF ERAU, AT THE CONVENIENCE OF ERAU, AND THE EMPLOYEE IS REQUIRED TO ACCEPT SUCH LODGING AS A CONDITION OF EMPLOYMENT. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - DUES FOR THE PRESIDENT AS APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND STATED IN THE PRESIDENT'S EMPLOYMENT CONTRACT FOR BUSINESS AND FUNDRAISING PURPOSES. |
| SCHEDULE J PART I, LINE 7 | NONFIXED PAYMENTS SELECT PERSONS LISTED ON FORM 990, PART VII, SECTION A, LINE 1, RECEIVED AN ADDITIONAL PERFORMANCE BASED BONUS. ADDITIONALLY, ALL REFERENCED EMPLOYEES RECEIVE A HOLIDAY BONUS IN THE SAME AMOUNT THAT ALL UNIVERSITY EMPLOYEES RECEIVE. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY | ||||||||
| A | 800000613 | 000000000 | 2015-02-12 | $50,740,000 | PARTIALLY REFUND SERIES 2005 | 0 | 0 | 0 |
| VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY | ||||||||
| B | 800000613 | 928836KYO | 2015-03-23 | $76,273,696 | CONSTRUCTION AND CAPITAL IMPROVEMENTS | Yes (1) | 0 | 0 |
| VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY | ||||||||
| C | 800000613 | 000000000 | 2015-07-17 | $26,535,000 | PARTIALLY REFUND SERIES 2005 | 0 | 0 | 0 |
| VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY | ||||||||
| D | 800000613 | 928836MP7 | 2017-08-17 | $54,335,668 | REFUND SERIES 2011 AND CONSTRUCTION | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Bond DefeasedBondDefeasedAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding EscrowRefundingEscrowAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $15,810,000 | $50,740,000 | $324,722 | $50,415,278 | 0 | Yes (1) | Yes (1) | Yes (1) | ||||
| B | $1,640,000 | $76,299,686 | $773,696 | $62 | 0 | 0 | Yes (1) | Yes (1) | $26,265,000 | $75,525,928 | 2018 | |
| C | $10,115,000 | $26,535,000 | $105,499 | $26,429,501 | Yes (1) | 0 | Yes (1) | Yes (1) | ||||
| D | $55,311,131 | $462,990 | 0 | Yes (1) | 0 | Yes (1) | $43,779,824 | 2019 | $11,068,317 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | ||
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | ||||
| C | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | 0.01860 | 0.01860 | |
| D | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (19 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| DATE REBATE COMPUTATION PERFORMED | ISSUER NAME: VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/14/2020 |
| SCHEDULE K, PART I, ROW A, COLUMN F | 02/12/2015 50,740,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - SERIES 2015A - PARTIAL REFUNDING - SERIES 2005 ISSUE DATED 8/18/2005. |
| SCHEDULE K, PART I, ROW B, COLUMN F | 03/23/2015 76,273,696 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - SERIES 2015B - NEW MONEY/CONSTRUCTION. |
| SCHEDULE K, PART I, ROW C, COLUMN F | 07/17/2015 26,535,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - SERIES 2015C - REFUNDING - PARTIAL REFUNDING SERIES 2005 ISSUE DATED 8/18/2005. |
| SCHEDULE K, PART I, ROW D, COLUMN F | 08/17/2017 54,335,668 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY SERIES 2017 - ADVANCE REFUNDING SERIES 2011 ISSUE DATED 7/7/2011 AND NEW MONEY/CONSTRUCTION. |
| SCHEDULE K, PART II, LINE 3, COLUMN B | 03/23/2015 76,273,696 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - TOTAL PROCEEDS OF ISSUE DIFFERS FROM THE ISSUE PRICE AS THE AMOUNT INCLUDES INVESTMENT EARNINGS. |
| SCHEDULE K, PART II, LINE 3, COLUMN B | 08/17/2017 54,335,668 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY- TOTAL PROCEEDS OF ISSUE DIFFERS FROM THE ISSUE PRICE AS THE AMOUNT INCLUDES INVESTMENT EARNINGS. |
| SCHEDULE K, PART II, LINE 11, COLUMN A | 02/12/2015 50,740,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE. |
| SCHEDULE K, PART II, LINE 11, COLUMN B | 03/23/2015 76,273,696 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - THE OTHER SPENT PROCEEDS WERE TRANSFERRED TO THE INTEREST FUND. |
| SCHEDULE K, PART II, LINE 11, COLUMN C | 07/17/2015 26,535,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE. |
| SCHEDULE K, PART IV, LINE 2C, COLUMN A | 02/12/2015 50,740,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - ANNUAL REBATE COMPUTATIONS COMPLETED 6/30/21. |
| SCHEDULE K, PART IV, LINE 2C, COLUMN B | 03/23/2015 76,273,696 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - ANNUAL REBATE COMPUTATIONS COMPLETED 6/30/21. |
| SCHEDULE K, PART IV, LINE 2A, COLUMN C | 07/17/2015 26,535,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - ANNUAL REBATE COMPUTATIONS COMPLETED 6/30/21. |
| SCHEDULE K, PART IV, LINE 2A, COLUMN D | 08/17/2017 54,335,668 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY- ANNUAL REBATE COMPUTATIONS COMPLETED 6/30/21. |
| SCHEDULE K, PART I ADDITIONAL PAGES, ROW A, COLUMN F | 01/16/2020 118,087,855 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY SERIES 2020A - CURRENT REFUNDING SERIES 2013 ISSUE DATED 11/8/2013, PARTIAL CURRENT REFUNDING OF SERIES 2015B ISSUE DATED 3/23/2015 AND NEW MONEY/CONSTRUCTION. |
| SCHEDULE K, PART II ADDITIONAL PAGES, LINE 3, COLUMN B | 01/16/2020 118,087,855 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY TOTAL PROCEEDS OF ISSUE DIFFERS FROM THE ISSUE PRICE AS THE AMOUNT INCLUDES INVESTMENT EARNINGS. |
| SCHEDULE K, PART II ADDITIONAL PAGES, LINE 11, COLUMN A | 01/16/2020 118,087,855 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE. |
| SCHEDULE K, PART II ADDITIONAL PAGES, LINE 12, COLUMN A | 01/16/2020 118,087,855 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY THE OTHER UNSPENT PROCEEDS ARE THE BALANCE OF THE PROCEEDS IN THE CONSTRUCTION FUND. |
| SCHEDULE K, PART IV, ADDITIONAL PAGES, LINE 2A, COLUMN A | 01/16/2020 118,087,855 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY ANNUAL REBATE COMPUTATIONS COMPLETED 6/30/21. |
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 | VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 800000613 | BondIssuerEIN |
| CUSIP | 928836NC5 | CUSIPNum |
| Bond Issued | 2020-01-16 | BondIssuedDt |
| Issue Price | $118,087,855 | IssuePriceAmt |
| Purpose | REFUND SERIES 2013, 2015B AND CONST. | 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 |
| Retired | $1,055,000 | RetiredAmt |
| Total Proceeds | $118,331,276 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $777,214 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $60,037,755 | CapitalExpendituresAmt |
| Other Spent Proceeds | $27,241,130 | OtherSpentProceedsAmt |
| Unspent | $30,275,177 | 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 | Yes (1) | AnyResearchAgreementsInd |
| Engage Bond Counsel Research | 0 | EngageBondCounselResearchInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | 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 | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| HF COMMERCIAL LAND HOLDINGS LLC | |||
| TRUSTEE HOSSEINI, PRINCIPAL | $312,101 | LEASE SPACE | 0 |
| INTERVEST CONSTRUCTION INDUSTRIES LLC | |||
| TRUSTEE HOSSEINI, PRINCIPAL | $429,245 | LEASE SPACE | 0 |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $1 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STATED FACE VALUE | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $804 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STATED FACE VALUE | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $199,130 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | PUBLIC EXCHANGE | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $125 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STATED FACE VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | EQUIPMENT | 3 | $95,938 | STATED FACE VALUE |
| Yes (X) | GIFT CERT/RP | 40 | $18,923 | STATED FACE VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| 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 | THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS RECEIVED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE SENIOR VICE PRESIDENT/CFO AND INDEPENDENT TAX ACCOUNTANTS. ALL MEMBERS OF THE BOARD OF TRUSTEES ARE PROVIDED AN ELECTRONIC COPY OF THE COMPLETE FORM PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ERAU'S INTERNAL AUDIT, RISK AND COMPLIANCE DEPARTMENT ANNUALLY ISSUES AND RECEIVES CONFLICT OF INTEREST DISCLOSURE FORMS FROM ERAU EMPLOYEES AND THE BOARD OF TRUSTEES. ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED, EVALUATED AND MONITORED BY ERAU'S VICE PRESIDENT AND GENERAL COUNSEL. CONFLICTS INVOLVING ERAU EMPLOYEES ARE EITHER RESOLVED OR FORWARDED TO HUMAN RESOURCES AND THE PARTICULAR EMPLOYEE'S SUPERVISORY CHAIN OF COMMMAND FOR DISCIPLINARY ACTION FOR AN UNRESOLVED CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | FOR THE PRESIDENT AND OTHER KEY EMPLOYEES (ERAU'S SENIOR VICE PRESIDENTS, CAMPUS CHANCELLORS, THE PROVOST, AND GENERAL COUNSEL), AN INDEPENDENT SEARCH CONSULTANT IS TYPICALLY RETAINED. SALARY DATA FROM COMPARABLE INSTITUTIONS ARE USED IN THE DETERMINATION OF AN INITIAL SALARY RANGE. THE COMPENSATION OFFER IS BASED ON THAT RANGE AND THE CANDIDATE'S SPECIFIC CREDENTIALS AND EXPERIENCE. ADDITIONALLY, THE PRESIDENT IS REQUIRED TO APPROVE ANY SALARY OVER $200,000. FOR ANNUAL CHANGES TO THE PRESIDENT'S COMPENSATION, THE BOARD CHAIR CONSIDERS INFORMATION FROM VARIOUS SOURCES SUCH AS THE CHRONICLE OF HIGHER EDUCATION, COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION HR (CUPA-HR), AND OTHER INSTITUTIONS IN THE STATE OF FLORIDA. THE BOARD CHAIR REVIEWS THE PRESIDENT'S PERFORMANCE WITH THE EXECUTIVE COMMITTEE OF THE BOARD AND DETERMINES ANY CHANGES IN COMPENSATION. FOR OTHER KEY EMPLOYEES, THE PRESIDENT CONDUCTS AN ANNUAL EVALUATION BASED ON EXPECTED PERFORMANCE METRICS. BASED ON THE PERFORMANCE ASSESSMENT AND A REVIEW OF PUBLICLY AVAILABLE SALARY DATA FOR SIMILAR EXECUTIVE POSITIONS IN HIGHER EDUCATION, THE PRESIDENT DEVELOPS COMPENSATION RECOMMENDATIONS THAT ARE SHARED WITH THE BOARD CHAIR. THE BOARD CHAIR AND THE PRESIDENT DISCUSS EACH RECOMMENDATION. THE BOARD CHAIR OFTEN INCORPORATES ADDITIONAL HIGHER EDUCATION COMPENSATION DATA AND THEN CONSULTS WITH THE BOARD'S EXECUTIVE COMMITTEE. THE MEETINGS ARE DOCUMENTED IN AN AGENDA AND THE PRESIDENT RETAINS THE RELEVANT INFORMATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | ERAU MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 AND AUDITED CONSOLIDATED FINANCIAL STATEMENTS ARE DISCLOSED ON ERAU'S WEBSITE. |
| FORM 990, PART IX, LINE 24E | POSTAGE & SHIPPING: PROGRAM SERVICE EXPENSES 555,076. MANAGEMENT AND GENERAL EXPENSES 220,215. FUNDRAISING EXPENSES 15,652. TOTAL EXPENSES 790,943. LOSS ON DISPOSALS: PROGRAM SERVICE EXPENSES 456,130. MANAGEMENT AND GENERAL EXPENSES 35,730. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 491,860. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -8,405. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| EMBRY-RIDDLE BRASIL PARTICIPACOES LTDA | |||||||||
| RUA ELVIRA FERRAZ 260 CJ616 | SAO PAULO | BR | 04552-040 | 981380920 | HIGHER ED | BR | $795,047 | $1,173,711 | EMBRY-RIDDLE AERONAUTICAL UNIVERSITY INC |
| EMBRY-RIDDLE DEUTSCHLAND GMBH | |||||||||
| HOLM BESSIE-COLEMAN-STR 7 | FRANKFURT | GM | 60549 | 981424758 | HIGHER ED | GM | $283,079 | $380,414 | EMBRY-RIDDLE AERONAUTICAL UNIVERSITY INC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Legal Domicile StateLegalDomicileStateCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMBRY-RIDDLE AERONAUTICAL UNIV ASIA LTD | |||||||||||||||
| 75 BUKIT TIMAH RD 02-01 BOON SIE | SINGAPORE | SN | 229833 | 980681431 | HIGHER ED | SN | 501(C)(3) | LINE 2 | EMBRY-RIDDLE AERONAUTICAL UNIVERSITY INC | Yes (1) | |||||
| EAGLE FLYING CLUB OF ERAU | |||||||||||||||
| 593530394 | AIRCRAFT RENTAL | 501(C)(4) | EMBRY-RIDDLE AERONAUTICAL UNIVERSITY INC | Yes (1) | 1 AEROSPACE BOULEVARD | DAYTONA BEACH | FL | 32114 | FL | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt | Transaction TypeTransactionTypeTxt |
|---|---|---|
| (no name) | ||
| $0 | CASH TRANSFER | |
| EMBRY-RIDDLE DEUTSCHLAND GMBH | ||
| $393,644 | CASH TRANSFER | P |
| EMBRY-RIDDLE AERONAUTICAL UNIV ASIA LTD | ||
| $999,986 | CASH TRANSFER | S |
| (no name) | ||
| CASH TRANSFER | ||