2021-10-18T09:55:17-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 2523 US HIGHWAY 27 S SEBRING FL 338704926 990 2020-07-01 596605703 HODGES UNIVERSITY INC HODG 8004668017 4501 COLONIAL BLVD FT MYERS FL 33966 ERICA M VOGT SECRETARY/TREASURER 8004668017 2021-10-15 1 ERICA VOGT 999009999 KRISTINA HIMROD P01544190 8633851577 2021-10-15 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X JOHN MEYER 4501 COLONIAL BLVD FT MYERS FL 33966 33455957 0 X WWW.HODGES.EDU X 1990 FL PREPARES STUDENTS TO LEVERAGE HIGHER LEARNING IN THEIR PERSONAL, PROFESSIONAL AND CIVIC ENDEAVORS 9 9 247 9 0 0 2703380 3435169 16758675 12890506 366590 -2347373 660037 658800 20488682 14637102 1245837 549665 0 0 10150028 7675458 0 0 95400 9145217 9822009 20541082 18047132 -52400 -3410030 77492245 69958364 29684692 30198253 47807553 39760111 X PREPARES STUDENTS TO LEVERAGE HIGHER LEARNING IN THEIR PERSONAL, PROFESSIONAL, AND CIVIC ENDEAVORS. 0 0 14268900 549665 12855851 HODGES UNIVERSITY WILL BE RECOGNIZED FOR EXCELLENCE IN CAREER-FOCUSED INCLUSIVE EDUCATION AND COMMUNITY ENGAGEMENT. HODGES UNIVERSITY, A PRIVATE, NONPROFIT INSTITUTION OF HIGHER LEARNING, IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES TO AWARD ASSOCIATE, BACHELOR'S, AND MASTER'S DEGREES.THE UNIVERSITY OFFERS FLEXIBLE SCHEDULES OF DAY, EVENING AND ONLINE CLASSES AND HANDS-ON SUPPORT FROM A HIGHLY QUALIFIED FACULTY. ALL OF THESE FACTORS CULMINATE TO PRODUCE A LEARNING ENVIRONMENT UNLIKE ANY OTHER INSTITUTION IN THE REGION.CONTINUED ON SCHEDULE ODEGREES:6 MASTER'S DEGREES 15 BACHELOR'S DEGREES 4 ASSOCIATES IN ARTS DEGREE8 ASSOCIATE IN SCIENCE DEGREES3 GRADUATE CERTIFICATE PROGRAMS14 UNDERGRADUATE CERTIFICATE PROGRAMSCONTINUING EDUCATION:ENGLISH AS A SECOND LANGUAGE CERTIFICATE PROGRAMNON-CREDIT WORKFORCE EDUCATION PROGRAMS:HODGES UNIVERSITY DEVELOPS AND PROVIDES VARIOUS NON-CREDIT WORKFORCE EDUCATION PROGRAMS AS THE NEEDS OF LOCAL EMPLOYERS DICTATE. THESE HAVE INCLUDED, BUT ARE NOT LIMITED TO, FRONT-LINE SUPERVISOR TRAINING, EMT, AND DENTAL ASSISTING PROGRAMS.HODGES UNIVERSITY SCHOOLS:FISHER SCHOOL OF TECHNOLOGYJOHNSON SCHOOL OF BUSINESSNICHOLS SCHOOL OF PROFESSIONAL STUDIESSCHOOL OF HEALTH SCIENCESSCHOOL OF GENERAL STUDIES 14268900 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 39 0 247 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ERICA M VOGT 2395986221 4501 COLONIAL BLVD FT MYERS FL 33966 TIFFANY ESPOSITO CHAIR 1.00 X 0 0 0 GILLIAN CUMMINGS-BECK VICE CHAIR 1.00 X 0 0 0 MICHAEL PRIOLETTI TRUSTEE 1.00 X 0 0 0 GERARD A MCHALE JR TRUSTEE 1.00 X 0 0 0 JERRY F NICHOLS TRUSTEE 1.00 X 0 0 0 LESLIE H KING III TRUSTEE 1.00 X 0 0 0 MARISA CLEVELAND TRUSTEE 1.00 X 0 0 0 MARILYN SANTIAGO TRUSTEE 1.00 X 0 0 0 DIANNE HAMBERG TRUSTEE 1.00 X 0 0 0 JOHN MEYER PRESIDENT 40.00 X 202796 0 6157 ERICA VOGT SECRETARY AND TREASURER 40.00 X 164653 0 6157 MIGUEL RIVERA ASSISTANT PROFESSOR 40.00 X 136914 0 4262 CHARLENE WENDEL PROFESSOR 40.00 X 125748 0 6157 DOLORES BATIATO DEAN 40.00 X 125858 0 4262 TRACEY LANHAM ASSOCIATE DEAN 40.00 X 122845 0 6157 MARY NUOSCE DEAN 40.00 X 117885 0 6157 996699 0 39309 13 0 1 0 COMPUTERS AT WORK 2338 IMMOKALEE ROAD 151 NAPLES FL 33410 SOFTWARE SERVICES 502355 ELLUCIAN 4 COUNTRY VIEW ROAD MALVERN PA 19355 SOFTWARE SERVICES 404894 BELLA BUSINESS SOLUTIONS LLC 5441 26TH AVE SW NAPLES FL 34116 WEBSITE, MARKETING SERVICES 378751 EAB GLOBAL 2445 M STREET NW WASHINGTON DC 20037 WEBSITE, MARKETING SERVICES 242988 BOND SCHOENECK & KING PLLC 4001 TAMIAMI TRAIL NORTH SUITE 105 NAPLES FL 34103 LEGAL SERVICES 181607 6 3129299 305870 51375 3435169 TUITION AND FEES 611600 12890506 12890506 12890506 109054 109054 676476 0 676476 676476 676476 6691869 9623503 6611809 12159990 80060 -2536487 -2456427 -2456427 12401 47056 -34655 -34655 REBATES INCOME 900099 16510 16510 COPY SERVICES 900099 353 353 VENDING MACHINE 900099 116 116 16979 14637102 12855851 0 -1653918 2500 2500 547165 547165 404370 377627 22174 4569 6397808 5974698 350833 72277 357349 332457 18998 5894 515931 485920 24083 5928 301486 301486 83004 83004 695987 587466 108439 82 1062660 1060661 1999 53026 19409 31888 1729 1336879 339694 997185 1382652 178147 1204505 38965 23138 15310 517 6777 3020 1729 2028 1621875 1621875 1923240 1923240 370408 370408 MATERIALS AND SUPPLIES 460922 433850 26887 185 LIBRARY RESOURCES 190517 190517 DUES AND SUBSCRIPTIONS 126634 77633 47978 1023 STUDENT ACTIVITIES 69804 25310 44494 97173 64573 31432 1168 18047132 14268900 3682832 95400 2716374 9399948 479581 5088288 9241783 9064535 1919869 2599362 52026 54655 636729 1077745 45480571 15754494 44215048 29726077 18219035 12027103 11800 920651 77492245 69958364 1306957 894885 2242760 1827939 25254644 714861 961542 165470 1293404 0 25220483 29684692 30198253 X 34537098 26672704 13270455 13087407 47807553 39760111 77492245 69958364 X -3410030 -4619252 -18160 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2955963 12291 2968254 2898507 57456 2955963 2826636 71871 2898507 2820938 5698 2826636 2818695 2243 2820938 0.00000 0.00000 1.00000 0 0 9406794 9406794 29589742 9645005 19944737 6480933 6106387 374546 3102 3102 0 29726077 FINANCE LIABILITY 25220483 25220483 X 16523630 -149850 47056 -102794 16626424 -1989322 -1989322 14637102 24571072 7071105 7071105 17499967 547165 547165 18047132 PART V, LINE 4: THE UNIVERSITY HAS DONOR RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS FOR STUDENTS AND SUPPORTING THE OPERATIONS OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS, AND AS A RESULT, THE UNIVERSITY EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2021 AND 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD OF BOOKSTORE REPORTED ON PART VIII 47,056. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL AID REPORTED ON PART IX 547,165. LOSS ON DISPOSAL OF FIXED ASSETS -2,536,487. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE ACCOUNTS REPORTED ON PART XI 18,160. COST OF GOODS SOLD OF BOOKSTORE OPERATION ON PART VIII 47,056. LOSS ON DEFEASANCE OF DEBT 4,469,402. LOSS ON DISPOSAL OF FIXED ASSETS 2,536,487. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL AID REPORTED ON PART IX 547,165. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 HODGES UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, GENDER, GENDER IDENTITY, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, OR DISABILITY IN THE PROVISION OF EDUCATIONAL OPPORTUNITIES OR EMPLOYMENT OPPORTUNITIES AND BENEFITS. ALL MEMBERS OF THE UNIVERSITY COMMUNITY ARE VALUED EQUALLY. HODGES UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF SEX OR DISABILITY IN THE EDUCATION PROGRAMS AND ACTIVITIES THAT IT OPERATES, PURSUANT TO THE REQUIREMENTS OF ALL APPLICABLE FEDERAL AND STATE LEGISLATION AND REGULATIONS INCLUDING, BUT NOT LIMITED TO, TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, SECTION 504 OF THE REHABILITATION ACT OF 1973, AND THE AMERICANS WITH DISABILITIES ACT OF 1990. THIS POLICY EXTENDS TO BOTH EMPLOYMENT BY AND ADMISSION TO HODGES UNIVERSITY. SCHEDULE E, PART I, LINE 6 HODGES UNIVERSITY, INC. PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED THROUGH THESE PROGRAMS ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. SOME PROGRAMS PROVIDE A SMALL ADMINISTRATIVE ALLOWANCE FOR THE INSTITUTION. 1 INSTITUTIONAL AID - SCHOLARSHIPS, TUITION WAVERS & DISCOUNTS 200 547165 0 N/A N/A PART I, LINE 2: HODGES UNIVERSITY PARTICIPATES IN VARIOUS LOCAL SPONSORSHIPS TO ORGANIZATIONS ANNUALLY BASED ON OUR ABILITY AND CURRENT ECONOMIC SITUATION. BECAUSE THE SPONSORSHIPS ARE FOR GENERAL OPERATING SUPPORT, NO MONITORING IS REQUIRED. HODGES UNIVERSITY PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. X X X X 1 0 0 0 0 0 0 0 0 JOHN MEYER PRESIDENT 202796 0 0 0 0 0 0 0 6157 0 208953 0 0 0 ERICA VOGT SECRETARY AND TREASURER 164653 0 0 0 0 0 0 0 6157 0 170810 0 0 0 PART I, LINE 4A MIGUEL RIVERA AND DOLORES BATIATO BOTH RECEIVED SEVERANCE PAYMENTS THAT ARE PART OF THE REPORTED COMPENSATION. SEVERANCE AMOUNT FOR MIGUEL RIVERA WAS $34,230.30. SEVERANCE AMOUNT FOR DOLORES BATIATO WAS $30,000.01. X 312 DONOR VALUE X 1 49621 TRADING VALUE X FSOT SUPPLIES 1 1442 DONOR VALUE 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTORS FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR (WHO ALSO CHAIRS THE EXECUTIVE COMMITTEE), THE BOARD VICE CHAIR (WHO IS ALSO THE VICE CHAIR OF THE EXECUTIVE COMMITTEE), AND THE CHAIR OF EACH OF THE FOUR STANDING COMMITTEES. EACH MEMBER SERVES A ONE-YEAR TERM. THIS TERM IS RENEWABLE FOR TWO (2) ADDITIONAL ONE-YEAR TERMS PROVIDED THE TRUSTEE'S TERM AS A BOARD TRUSTEE HAS NOT EXPIRED. THE PRESIDENT OF THE CORPORATION IS ALSO AN EX-OFFICIO MEMBER OF THE EXECUTIVE COMMITTEE. THE CORPORATE SECRETARY SERVES AS COMMITTEE SECRETARY. THE EXECUTIVE COMMITTEE, BETWEEN THE MEETINGS OF THE BOARD OF TRUSTEES, SHALL HAVE ALL THE POWERS VESTED IN THE BOARD OF TRUSTEES BY LAW OR BY THE CORPORATE BYLAWS. ANY ACTION TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE SUBJECT TO REVISION OR ALTERATION BY THE BOARD OF TRUSTEES AT THE MEETING OF THE BOARD OF TRUSTEES AT WHICH ANY SUCH ACTION SHALL BE REPORTED; PROVIDED, HOWEVER, THAT SUCH REVISION OR ALTERATION SHALL NOT AFFECT ANY ACTION TAKEN BY AN OFFICER OR EMPLOYEE OF THE CORPORATION OR BY ANY THIRD PARTY, OR ANY RIGHTS OF THIRD PARTIES WHICH SHALL HAVE VESTED IN RELIANCE UPON ANY ACTION OR DIRECTION OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WILL UNDERTAKE A COMPREHENSIVE REVIEW OF THE FORM 990 AND ITS SCHEDULES IMMEDIATELY UPON ITS COMPLETION, AND WILL ADDRESS ALL OF ITS QUESTIONS AND CONCERNS WITH THE PREPARER. UNIVERSITY POLICY PROVIDES FOR THE PROVISION OF A COPY OF THE COMPLETED RETURN TO ALL MEMBERS OF THE GOVERNING BOARD IN ADVANCE OF FILING. A VOTE OF THE FULL BOARD TO APPROVE OF THE TAX RETURN IS REQUIRED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND CORPORATE OFFICERS ARE REQUIRED TO SUBMIT ANNUAL DISCLOSURE STATEMENTS. THE STATEMENTS ARE REVIEWED BY THE SENIOR MANAGEMENT AND INDEPENDENT AUDITOR TO DETERMINE IF ANY RELATIONSHIPS NEED TO BE DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS OR THE FORM 990. IN THE CASE OF ANY REAL OR PERCEIVED CONFLICT OF INTEREST, INTERESTED PERSONS ARE EXPECTED TO DISCLOSE THE CONFLICT IN ADVANCE. ONCE SUCH A DISCLOSURE HAS BEEN MADE, THE INTERESTED PERSON MUST LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING TRUSTEES OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON MAY MAKE A PRESENTATION AT THE MEETING THAT HAS A CONFLICT OF INTEREST MATTER UNDER CONSIDERATION, BUT AFTER SUCH PRESENTATION, THE INTERESTED PERSON SHALL LEAVE THE MEETING. THE BOARD CHAIR OR CHAIR OF THE COMMITTEE, IF APPROPRIATE, SHALL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST THAT WOULD ALLEVIATE THE CONFLICT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OF TRUSTEES OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION MAY PURSUE THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST IN A MANNER THAT ALLOWS THE CONTINUED PARTICIPATION OF THE INTERESTED PERSON IN THE SUBJECT MATTER AT ISSUE. IF THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST CANNOT REASONABLY BE PURSUED UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OF TRUSTEES OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES OR COMMITTEE MEMBERS WHETHER THE BEST INTERESTS OF THE CORPORATION ARE SERVED BY CONTINUING WITH THE MATTER AT ISSUE DESPITE THE CONFLICT OF INTEREST AND SHALL DIRECT THE COURSE OF ACTION OF THE CORPORATION ACCORDINGLY, EXERCISING REASONABLE PRUDENCE IN MANAGING THE COURSE OF ACTION WITH RESPECT TO THE MATTER AT ISSUE SO AS TO PROTECT, TO THE MAXIMUM EXTENT FEASIBLE, THE INTERESTS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES THE COMPENSATION FOR THE PRESIDENT (JOHN MEYER) AND THE EXECUTIVE VICE PRESIDENT OF ADMINISTRATIVE OPERATIONS, SECRETARY, AND TREASURER (ERICA VOGT). THE COMMITTEE CONSIDERS COMPARABILITY DATA AMONG MANY OTHER FACTORS TO DETERMINE THE APPROPRIATE COMPENSATION. THE COMMITTEE'S RECOMMENDATION MUST BE APPROVED BY THE FULL BOARD. THE LAST REVIEW WAS DONE IN 2021. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE ACCOUNTS -18,160.