2021-05-14T12:11:55-05:00 2020-06-30 KPMG LLP 345 PARK AVE NEW YORK NY 101540102 990 2019-07-01 060731360 University of Hartford % LAURA WHITNEY UNIV 8607685691 200 BLOOMFIELD AVENUE WEST HARTFORD CT 06117 LAURA WHITNEY VP FINANCE 2021-05-14 true Christina Rossetti P01491094 2127589700 2021-05-10 2019 2022-09-23 18:48:47Z LAURA WHITNEY 200 BLOOMFIELD AVENUE WEST HARTFORD CT 06117 290525983 false X www.hartford.edu X 1957 CT THE UNIVERSITY PROVIDES A LEARNING ENVIRONMENT IN WHICH STUDENTS MAY TRANSFORM THEMSELVES, INTELLECTUALLY, PERSONALLY AND SOCIALLY. (SEE SCHEDULE O) 24 20 3864 50 -57047 0 12148046 19425477 259429168 254124429 5081842 4559871 1143282 625523 277802338 278735300 95341961 103312116 0 0 108773354 106826175 33747 46446 2267262 76502247 69505480 280651309 279690217 -2848971 -954917 365331585 419406133 143785622 210384088 221545963 209022045 X DEDICATED TO LEARNING, PERSONAL GROWTH, KNOWLEDGE CREATION, AND THE BETTERMENT OF SOCIETY, THE UNIVERSITY ENGAGES STUDENTS IN ACQUIRING THE KNOWLEDGE, SKILLS, AND VALUES NECESSARY TO THRIVE IN AND CONTRIBUTE TO A PLURALISTIC, COMPLEX WORLD. false false 239462598 103312115 254227185 The University of Hartford is an independent, co-educational, non-sectarian institution that currently enrolls approximately 6,800 full and part-time students that represent 47 US states and 47 foreign countries. The University provides instruction through seven schools, offering 5 Associate's, 81 Bachelor's, 29 Master's, 5 Doctorate's, as well as several undergraduate and graduate certificates and diplomas. 239462598 true true false true false false false true false true true true false false true true true false true false true false true true true false false false true true true false false false false false false true false false false true true false false false true false false false true 524 0 true 3864 true true true false false false false true true false false false false false false X 24 20 false false true false false false false true true false false true true true true true true true true false AK CO CT DC KY MD MA MI NV NH NJ NY OH OK OR SC WA X LAURA WHITNEY 8607685691 200 BLOOMFIELD AVENUE West Hartford CT 06117 X Gregory Woodward President 40.0 0.0 X X 529988 0 94240 Mary Ellen Gillespie Athletics Director 40.0 0.0 X 438488 0 27484 Amy Zeng Dean, Barney 40.0 0.0 X 303090 0 36280 H Frederick Sweitzer Provost 40.0 0.0 X 283673 0 51375 Hisham Alnajjar Dean, CETA 40.0 0.0 X 252324 0 54813 Maria Feeley VP General Counsel & Secretary 40.0 0.0 X 241955 0 56758 John Gallagher Men's BASKETBALL COACH 40.0 0.0 X 244706 0 50943 Larry Alan Smith Dean, Hartt 40.0 0.0 X 249203 0 45667 Molly Polk VP Marketing & COMMUNICATIONS 40.0 0.0 X 262369 0 28063 Laura Whitney VP Finance 40.0 0.0 X 248974 0 34211 Kathryn Pendergast VP Institutional Advancement 40.0 0.0 X 231025 0 52028 Walter Harrison Former President 0.0 0.0 X 256865 0 0 Cesarina Thompson Dean, ENHP 40.0 0.0 X 232772 0 21451 David Goldenberg Dean, Hillyer 40.0 0.0 X 194903 0 43815 Nancy Stuart Dean, HARTFORD ART SCHOOL 40.0 0.0 X 188779 0 41995 Katherine Black Dean, A&S 40.0 0.0 X 186492 0 39258 Malek Lashgari Finance Professor 40.0 0.0 X 178551 0 34590 Carmen Cotei Finance Professor 40.0 0.0 X 182552 0 16990 Jerome Katrichis Faculty Regent 40.0 0.0 X 150987 0 24479 Natalie Politikos FACULTY REGENT (AS OF 5/2020) 40.0 0.0 X 100103 0 31196 Nels Highberg Faculty Regent (end 5/2020) 40.0 0.0 X 66654 0 18293 Stephen Mulready ADJUNCT FACULTY REGENT 20.0 0.0 X 5225 0 0 DONALD ALLAN REGENT 2.0 0.0 X 0 0 0 KATHLEEN BEHRENS VICE CHAIR & REGENT 2.0 0.0 X 0 0 0 VICTORIA CERAMI REGENT (end 5/2020) 2.0 0.0 X 0 0 0 ELSA CHIN REGENT (end 5/2020) 2.0 0.0 X 0 0 0 JOSEPH COUGHLIN REGENT (end 5/2020) 2.0 0.0 X 0 0 0 Michael Daglio Regent (AS OF 5/2020) 2.0 0.0 X 0 0 0 NICHOLAS GALLUCCIO REGENT 2.0 0.0 X 0 0 0 DAVID A GORDON CHAIR & REGENT 2.0 0.0 X 0 0 0 Kevin Grant Regent 2.0 0.0 X 0 0 0 JEFFREY HOFFMAN REGENT 2.0 0.0 X 0 0 0 FRANCIS HURSEY REGENT (end 5/2020) 2.0 0.0 X 0 0 0 Martin John Regent (AS OF 5/2020) 2.0 0.0 X 0 0 0 ROSY KAPUR REGENT (end 5/2020) 2.0 0.0 X 0 0 0 KAREN KELLEHER REGENT (end 3/2020) 2.0 0.0 X 0 0 0 MICHELLE King REGENT 2.0 0.0 X 0 0 0 DEBORAH KOLTENUK REGENT 2.0 0.0 X 0 0 0 Gary Masse VICE CHAIR & REGENT (END 5/20) 2.0 0.0 X 0 0 0 PATRICIA A MCKINLEY REGENT (end 5/2020) 2.0 0.0 X 0 0 0 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Ste 1600 CHICAGO IL 60606 Education Svcs 1575864 48 X 80340 892949 7147284 11304904 584574 19425477 TUITION AND FEES 611710 207020809 207020809 ROOM, BOARD AND AUXILIARY 721310 38380343 38380343 HARTT COMMUNITY DIVISION 711190 3333570 3333570 ATHLETICS 900099 1740062 1740062 SUMMERPLACE 812900 716655 716655 2932990 2932990 254124429 2573164 -28263 2601427 0 0 61589 76139 -14550 0 -14550 -35845 21295 13502777 11516070 1986707 1986707 1986707 45192 892949 198474 -153282 -153282 0 0 0 0 0 0 PARKING REVENUE 900099 683538 683538 SPORTS CENTER 713940 80024 72963 7061 CONCESSIONS 561499 29793 29793 793355 278735300 254227185 -57047 5139685 0 100689664 100689664 2622452 2622452 0 3513270 1466721 1905521 141028 0 80574588 67239320 11867823 1467445 4197696 3356309 757581 83806 12442118 10644616 1524751 272751 6098503 4893337 1072928 132238 0 577027 577027 309629 309629 0 46446 46446 808770 808770 7654303 3339240 4315063 2148402 1724955 423447 5383199 3060504 2265799 56896 4985825 1855452 3130373 14797 14797 6649446 4171719 2477727 3563171 2937134 626037 0 521839 317403 204436 3307995 2838088 469907 0 11933722 8546811 3320259 66652 2145851 242572 1903279 DINING 12286423 12286423 TUITION ABATEMENT 2324267 2324267 ROOM & BOARD 1435763 1435763 EQUIPMENT & FURNITURE 1248004 1248004 2207047 2207047 279690217 239462598 37960357 2267262 5157585 5590223 12571968 65464692 4574946 7800097 6765415 9014160 0 0 0 0 4291329 3618221 0 0 1607402 5188656 377637680 234971823 138008736 142665857 96142587 95852905 76835304 66418745 0 0 0 0 19376313 17792577 365331585 419406133 14358412 23852081 0 0 14813675 20685503 92541602 144214945 0 0 0 0 6782 740 0 0 22065151 21630819 143785622 210384088 X 52926755 43087999 168619208 165934046 221545963 209022045 365331585 419406133 X -954917 -5926857 -5642144 X false true X true true true X 15896043 12396423 16031552 12148046 19425477 75897541 0 0 15896043 12396423 16031552 12148046 19425477 75897541 5624045 70273496 3701557 3285514 2878943 2912532 2634753 15413299 0 1149539 1136473 1048338 937186 683538 4955074 96265914 1256130752 0.72999 0.69375 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 2261 2261 false Form 990, Sch C, Part II-B, Line 1i THE UNIVERSITY OF HARTFORD PAYS MEMBERSHIP DUES TO A MEMBERSHIP ORGANIZATION. A PORTION OF THOSE DUES ARE ALLOCATED TO LOBBYING AND REPORTED ON SCHEDULE C, PART II-B. X X X X false 182811990 1422818 -1358877 6820580 176055351 178755292 3869197 6696435 6508934 182811990 164456265 6617621 13258855 5577449 178755292 145522204 2175971 22114264 5356174 164456265 148917452 3099383 -1523116 4971515 145522204 0.16000 0.84000 false true true 6542915 6542915 302185064 184050119 118134945 45044974 40128815 4916159 23864727 10792889 13071838 142665857 US AND NON-US EQUITIES 34035839 F FIXED INCOME 11400183 F PRIVATE EQUITY FUNDS 8017282 F HEDGED MULTI-STRATEGY FUNDS 9853539 F REAL ASSETS 3111902 F 66418745 0 ACCRUED POST RETIREMENT BENEFIT 11648815 FED GOVT STUDENT LOAN ADVANCES 4110895 ASSET RETIREMENT OBLIGATIONS 5871109 21630819 X 163930323 -5926857 -109107541 -115034398 278964721 -229421 -229421 278735300 176454241 76139 76139 176378102 103312115 103312115 279690217 Form 990, Sch D, Part III, Line 1a IT IS THE UNIVERSITY'S POLICY NOT TO CAPITALIZE LIBRARY AND ART COLLECTIONS. PURCHASES OF SUCH COLLECTIONS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE PERIOD IN WHICH ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM THE SALE OF COLLECTION ITEMS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPLICABLE NET ASSET CLASS. Form 990, Sch D, Part III, Line 4 COLLECTIONS ARE SUPPORTED BY INTERLIBRARY RESOURCE-SHARING SERVICES FOR BOTH BORROWING AND LENDING MATERIALS. THE HARRISON LIBRARIES COLLECTIONS HAVE HOLDINGS OF MORE THAN 390,000 BOOKS, JOURNALS, MUSIC SCORES, MICROFILM, VIDEOS, AND DVDS. THE MILDRED P. ALLEN MEMORIAL LIBRARY HOLDS A COLLECTION OF MORE THAN 80,000 BOOKS, SCORES AND PERFORMING EDITIONS, AND MORE THAN 400 ONLINE PRINT JOURNAL AND TITLES. THE UNIVERSITY'S ART COLLECTION IS A MAJOR RESOURCE FOR EDUCATION IN THE VISUAL ARTS FOR STUDENTS, FACULTY, STAFF AND PUBLIC AUDIENCES THROUGHOUT THE REGION WITH SIGNIFICANT EXHIBITIONS BY NOTED ARTISTS AND REGULARLY SCHEDULED PUBLIC PROGRAMS. EXHIBITIONS ARE PRESENTED IN THE JOSELOFF AND SILPE GALLERIES, AND THE HARRY JACK GRAY CENTER WITHIN THE HARTFORD ART SCHOOL. ARTWORKS FROM THE UNIVERSITY'S COLLECTIONS ARE DISPERSED THROUGHOUT CAMPUS. Form 990, Sch D, Part V, Line 4 Board designated endowment funds are to be used as needed to fund scholarships, capital expenditures, general expenditures, and provide program support. Endowed funds with donor restrictions are to be retained according to donor stipulations. Form 990, Sch D, Part X, Line 2 The University is a Tax-Exempt Organization as described in section 501(C)(3) of the Internal Revenue Code, and is generally exempt from Federal and State income taxes under section 501(A) of the code and applicable state laws, except for unrelated business income. There was no provision for income taxes due on unrelated business income in fiscal years 2020 and 2019, and the University believes it has taken no significant uncertain tax positions. Form 990, Sch D, Part XI, Line 2d FINANCIAL AID $(103,312,115) ACTUARIAL CHANGE IN POST-RETIREMENT BENEFITS $ (871,025) EARLY RETIREMENT PLAN BENEFIT $ (1,819,804) LOSS ON EXTINGUISHMENT OF DEBT $ (3,104,597) ------------ TOTAL $(109,107,541) FORM 990, SCH D, PART XI, LINE 4B RENTAL EXPENSE $ (76,139) NET FUNDRAISING REVENUE $ (153,282) ------------ TOTAL $ (229,421) FORM 990, SCH D, PART XII, LINE 2D RENTAL EXPENSE $ 76,139 FORM 990, SCH D, PART XII, LINE 4B FINANCIAL AID $ 103,312,115 true true true true true true true false false false false false false false false true false true Form 990, Sch E, Part I, Line 3 The University's racially non-discriminatory policy is publicized in the University's website within the Title IX portion of the website, accessible via the University's homepage. Additionally, the University includes a summarized version of the policy directly on the University's homepage. The policy is also publicized in the employment manual and the faculty policy manual. The policy is also posted on employee and student communication centers located in the Auerbach computer and administration center, Handel performance arts center, and the Facilities building. Form 990, Sch E, Part I, Line 6a THE UNIVERSITY OF HARTFORD OFFERS NEED-BASED STUDENT FINANCIAL ASSISTANCE TO ELIGIBLE STUDENTS TO HELP DEFRAY THEIR EDUCATIONAL EXPENSES. THE UNIVERSITY CANNOT GUARANTEE EACH APPLICANT THAT THEIR NEED WILL BE MET IN FULL, AS FINANCIAL AID IS CONTINGENT UPON THE TIMELINESS OF THE STUDENT'S APPLICATION, FEDERAL REGULATIONS, AND INSTITUTIONAL POLICIES COVERING FINANCIAL AID AND THE AVAILABILITY OF FUNDS. true Europe (Including Iceland and Greenland) Program Services EDUCATION/RESEARCH 166384 Sub-Saharan Africa Program Services EDUCATION/RESEARCH 12943 East Asia and the Pacific Program Services EDUCATION/RESEARCH 20823 South Asia Program Services EDUCATION/RESEARCH 6750 Europe (Including Iceland and Greenland) Investments 2978623 Central America and the Caribbean Investments 16654113 Europe (Including Iceland and Greenland) Grantmaking International Study 1379201 Middle East and North Africa Grantmaking International Study 285511 East Asia and the Pacific Grantmaking International Study 235390 North America Grantmaking International Study 633011 Sub-Saharan Africa Grantmaking International Study 17484 Russia and the Newly Independent States Grantmaking International Study 71855 22462088 22462088 FINANCIAL AID AND SCHOLARSHIP FUNDS Europe (Including Iceland and Greenland) 56 1379201 Check FINANCIAL AID AND SCHOLARSHIP FUNDS Middle East and North Africa 7 285511 Check FINANCIAL AID AND SCHOLARSHIP FUNDS East Asia and the Pacific 15 235390 Check FINANCIAL AID AND SCHOLARSHIP FUNDS North America 11 633011 Check FINANCIAL AID AND SCHOLARSHIP FUNDS Sub-Saharan Africa 1 17484 check FINANCIAL AID AND SCHOLARSHIP FUNDS Russia and the Newly Independent States 1 71855 Check true false true true true true Form 990, Sch F, Part I, Line 2 THE UNIVERSITY HAS SIGNED AGREEMENTS WITH COOPERATING INSTITUTIONS TO ENSURE THAT GRANT PAYMENTS RECEIVED FROM THE UNIVERSITY WILL BE PROPERLY CREDITED TO THE STUDENT ACCOUNTS AT THE FOREIGN UNIVERSITIES. Form 990, Sch F, Part I, Column (F) The amounts reported in column (F), total expenditures for education and research, represent other foreign activity expenses separately identifiable by region and activity in the Universitys accounting system. The amounts reported in column (F), total expenditures for international studies, represent study abroad grants tracked separately by the international studies office. Form 990, Sch F, Part I, Line 1 Accounting Method Investments are accounted for at Fair Market Value. Program services and grantmaking are accounted for using the accrual method of accounting. X true Margaret W Lawson 5 CARNOUSTIE CIRCLE BLOOMFIELD CT 06002 EVENT MANAGER false 492800 37769 455031 492800 37769 455031 CT FIRM Dinner 492800 491300 1500 49988 2350 73962 Roger Poe 62440 59680 2760 3842 12052 2349 9 382901 341969 40932 1583 15348 25292 11708 938141 892949 45192 5425 27400 77629 2350 85670 198474 -153282 true FINANCIAL AID AND SCHOLARSHIP FUNDS 4586 100689664 0 N/A N/A Form 990, Sch I, Part I, Line 2 THE UNIVERSITY OFFERS NEED-BASED AND MERIT-BASED FINANCIAL AID AWARDS. NEED-BASED AWARDS ARE BASED ON THE FAFSA SUBMITTED BY THE STUDENT AND AWARDED ACCORDING TO THEIR FINANCIAL NEED. MERIT-BASED AWARDS ARE BASED ON A VARIETY OF DIFFERENT FACTORS. UNIVERSITY AWARDS ARE CREDITED TO STUDENT ACCOUNTS. THE UNIVERSITY AWARDS INSTITUTIONAL FUNDS TO STUDENTS ACCORDING TO UNIVERSITY POLICIES. FUNDS ARE MANAGED BY THE OFFICES OF STUDENT FINANCIAL AID AND THE BURSARS OFFICE TO COMPLY WITH ALL APPLICABLE COMPLIANCE REGULATIONS. Form 990, Sch I, Part III CASH GRANTS ARE CREDITS TO STUDENT ACCOUNTS. X true true X X X X true true false false false false false true false Gregory Woodward President 479654 45000 5334 25200 0 69040 0 624228 0 45000 0 Mary Ellen Gillespie Athletics Director 179117 259371 17184 0 10300 0 465972 0 0 0 Amy Zeng Dean, Barney 302124 966 25200 0 11080 0 339370 0 0 0 H Frederick Sweitzer Provost 278339 5334 25200 0 26175 0 335048 0 0 0 Molly Polk VP Marketing & COMMUNICATIONS 242500 19491 378 22275 0 5788 0 290432 0 0 0 Walter Harrison Former President 0 0 256865 0 0 0 0 256865 0 0 0 Hisham Alnajjar Dean, CETA 250385 1939 21810 0 33003 0 307137 0 0 0 Larry Alan Smith Dean, Hartt 246797 2406 18896 0 26771 0 294870 0 0 0 Laura Whitney VP Finance 247168 1806 22500 0 11711 0 283185 0 0 0 John Gallagher Men's BASKETBALL COACH 244286 420 22129 0 28814 0 295649 0 0 0 Maria Feeley VP General Counsel & Secretary 231325 10000 630 22050 0 34708 0 298713 0 0 0 Cesarina Thompson Dean, ENHP 230000 2772 20700 0 751 0 254223 0 0 0 Kathryn Pendergast VP Institutional Advancement 230605 420 21600 0 30428 0 283053 0 0 0 David Goldenberg Dean, Hillyer 189874 5029 17100 0 26715 0 238718 0 0 0 Nancy Stuart Dean, HARTFORD ART SCHOOL 183689 5090 17273 0 24722 0 230774 0 0 0 Katherine Black Dean, A&S 185573 919 17203 0 22055 0 225750 0 0 0 Carmen Cotei Finance Professor 182147 405 13419 0 3571 0 199542 0 0 0 Jerome Katrichis Faculty Regent 148681 2306 11470 0 13009 0 175466 0 0 0 Malek Lashgari Finance Professor 176549 0 0 0 2002 0 12735 0 21855 0 213141 0 0 0 Form 990, Sch J, Part I, Line 1a As a condition of employment, University-owned housing is provided to the President for the convenience of the University. This benefit was not considered taxable, and the value of the housing benefit is included in Schedule J, Part II, Column (D). Form 990, Sch J, Part I, Line 1b The benefits described in line 1A are governed by the terms of the Presidents employment contract, which was approved by the Compensation Committee of the Universitys governing board. FORM 990, SCH J, PART I, LINE 4A The following individuals received severance payments in Calendar Year 2019: Walter Harrison, Former President - $256,865 Mary Gillespie, Athletics Director - $250,000 Form 990, Sch J, Part I, Line 4B The President entered into an employment contract with a term of July 1, 2017 through June 30, 2020, which includes a provision for deferred compensation in the amount of $45,000 for each contract year beginning with the contract year ending June 30, 2018, contingent upon satisfactory overall performance each contract year and satisfactory completion of his contract term, with any such deferred compensation accrued annually and payable within 30 days of the end of the preceding contract year. Payments of the calendar year 2019 are included in Schedule J, Part II, Columns (B)(iii) and (F). FORM 990, SCH J, PART I, LINE 7 A ONE-TIME, NONFIXED PAYMENT WAS MADE TO MARIA FEELEY AND IS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(II). A St of CT Health & Facilities Auth - Series N 060806186 20775DDY5 2019-12-05 144693712 SEE PART VI false false false A 0 0 144693712 0 0 0 1605044 0 0 2556097 93077757 47454813 true false false true A 0 A false true true false false false 0 false 0 false true A true SCHEDULE K, PART I, LINE A, COLUMN F PURPOSE OF SERIES N BONDS: PROCEEDS USED TO REFUND PRIOR ISSUES, SERIES H, JULY 1, 2012; SERIES I, JULY 1, 2012; SERIES J, SEPTEMBER 1, 2015; SERIES K, JULY 24, 2015; SERIES L, SEPTEMBER 1, 2015; SERIES M, SEPTEMBER 1, 2015. PROCEEDS USED TO FUND CONSTRUCTION OF THE NEW ACADEMIC BUILDING TO BE USED FOR THE SCHOOLS OF ENHP AND CETA, AND RENOVATIONS TO DANA AND UTC HALLS. SCHEDULE K, PART III, LINE 3A MANAGEMENT AND SERVICE CONTRACTS MANAGEMENT AND SERVICE CONTRACTS IN UNIVERSITY BOND FINANCED SPACE, AS APPLICABLE, FALL UNDER THE SAFE HARBOR PROVIDED BY REVENUE PROCEDURES 2016-44 AND WILL NOT RESULT IN PRIVATE BUSINESS USE. SCHEDULE K, PART VI, LINE 2 ON DECEMBER 5, 2019, THE UNIVERSITY REFINANCED ALL EXISTING BONDS AND ISSUED CHEFA SERIES N FOR $132 MILLION, AT A $12.7 MILLION PREMIUM. IN ADDITION TO RETIRING ALL EXISTING BONDS, THESE FUNDS ARE RESTRICTED FOR THE USE OF CONSTRUCTING A NEW ACADEMIC BUILDING ON CAMPUS. THE UNIVERSITY CONSIDERS THE USE OF THESE FUNDS TO MEET THE 2-YEAR EXCEPTION CONCERNING THE REBATE REQUIREMENT AS PROCEEDS OF THE ISSUANCE ARE BEING SPENT IN ACCORDANCE WITH A 2-YEAR EXPENDITURE SCHEDULE MEASURED FROM THE DATE OF ISSUANCE. 16418 SEE PART V FORM 990, SCHEDULE L, PART III GRANTS OR ASSISTANCE BENEFITTING INTERESTED PERSONS SCHEDULE L, PART III, LINE 2, $16,418 DISCOUNTED STUDENT TUITION. X 100 Donor Receipts X 22 577747 Fair Market Value X 3 589 Donor Receipts X Instruments 3 6060 Appraisal X MISCELLANEOUS 1 78 Donor Receipts false true false Form 990, Sch M, Part I, Line (b) IN COLUMN B, THE UNIVERSITY IS REPORTING THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART I, LINE 1, AND PART III, LINE 1 Mission Statement Dedicated to learning, personal growth, knowledge creation, and the betterment of society. The University engages students in acquiring the knowledge, skills, and values necessary to thrive in and contribute to a pluralistic, complex world. Form 990, Part VI, Line 1A GOVERNMENT BODY AND MANAGEMENT The executive committee of the Board is authorized to exercise powers of the Board when the Board is not in session except those powers explicitly excluded in the Board's bylaws and those powers which are not delegable under State law. There are no material differences in voting rights among members of the Board. Form 990, Part VI, Line 4 Change in Governing Documents The amended bylaws removed the Marketing and Institutional Advancement committee. Student regents were also changed from regents to representatives. These representatives attend meetings, but do not have voting power. Form 990, Part VI, Line 11b Form 990 Review Process Management prepared the Form 990 along with independent tax consultants. Senior management reviewed and presented the Form 990 to the Audit Committee, for review prior to the filing date. A final form 990 was provided to the Board Members before the filing date. Form 990, Part VI, Line 12a Conflict of Interest Policy The University has board-approved conflict of interest policies covering all board members, officers, and employees. The board policy is distributed annually to all board members. The policy for employees and officers is distributed annually and/or available on the University website. All officers, board members, and key employees are asked to report annually on whether or not they have any potential conflicts. Each reported conflict and potential conflict is reviewed and the relevant policy applied. Any person determined to have a conflict is removed from any affected decision-making process. The office of Human Resource Development is charged with reviewing and recommending action on conflict of interest issues involving employees. Violation of University policies, including the conflict of interest policy, is subject to disciplinary action up to and including termination. Potential conflicts involving Board members are reviewed and resolved by the Board chair or President as appropriate. Form 990, Part VI, LINE 15A & 15B COMPENSATION DETERMINATION Compensation of the following officers is reviewed and set annually by the compensation committee of the Board: President, Executive Vice President and Chief Operating Officer, Provost, Vice President for Finance, Vice President for Development and Alumni Affairs, Vice President for Student Affairs, Vice President for Marketing and Enrollment, and the Vice President, General Counsel and Secretary. The Compensation Committee considers salary comparability studies as well as the performance of each individual. The deliberation and decision regarding the compensation is contemporaneously documented in Board Minutes. Compensation of College Deans, which includes all key employees for purposes of Form 990, is reviewed and set annually by the Provost. As with compensation with officers, considerations include salary comparability studies as well as the performance of each individual. The compensation committee meets monthly, and individual salaries are reviewed and approved on a bi-annual basis. The committee last met in December 2020. Form 990, Part VI, Line 19 AVAILABILITY OF ORGANIZATIONAL DOCUMENTS Financial Statements of the University are available upon request, and included on Guidestar. The conflict of interest policy is available online as part of the Universitys employment manual and is also available upon request. Regarding governance documents, the Act authorizing the establishment of the University of Hartford, 1957 Connecticut Special Act No. 3, is available to the public as a public document. The University makes its corporate bylaws available for inspection upon request. FORM 990, PART VII, SECTION A REGENT COMPENSATION REGENTS ARE NOT COMPENSATED FOR THEIR SERVICES. FACULTY REGENTS ARE COMPENSATED AS EMPLOYEES OF THE UNIVERSITY OF HARTFORD, NOT FOR SERVICES AS REGENTS. FORM 990, PART VIII, LINE 2B ROOM, BOARD AND AUXILIARY AS A RESULT OF THE COVID-19 PANDEMIC, THE UNIVERSITY DECIDED TO CLOSE THE RESIDENTIAL CAMPUS EFFECTIVE MARCH 22, 2020. DUE TO THIS CLOSURE, THE UNIVERSITY ISSUED CREDITS TO STUDENTS FOR ROOM AND BOARD CHARGES BASED ON A PRORATED AMOUNT. THESE CREDITS RESULTED IN A REDUCTION OF ROOM, BOARD AND AUXILIARY PROGRAM SERVICE REVENUE. Form 990, Part XI, Line 9 RECONCILIATION OF NET ASSETS ACTUARIAL CHANGE IN POST-RETIREMENT BENEFITS $ (871,025) EARLY RETIREMENT PLAN BENEFITS $(1,819,804) LOSS ON EXTINGUISHMENT OF DEBT $(3,104,597) NET FUNDRAISING EXPENSES $ 153,282 -------------- TOTAL OTHER CHANGES IN NET ASSETS $ (5,642,144) THE WOMEN'S ADVANCEMENT INITIATIVE 200 Bloomfield Avenue West Hartford CT 06117 272560346 Education CT 501(C)(3) PF UofH false Hartford Art School ENDOWMENT Inc 200 Bloomfield Avenue West Hartford CT 06117 061256949 Education CT 501(C)(3) III-FI NA false Charitable Remainder Trust(10) investment CT na Trust true false false false false false false false false false false false true false false true false false false false FORM 990, SCHEDULE R, PART II The University of Hartford is the sole member of the Womens Advancement Initiative (WAI); however, the WAI Board of Directors is legally independent from the University, and is composed of Community leaders, Hartford College for Women (HCW) Alumnae, and Professionals.