EMBRY-RIDDLE AERONAUTICAL: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: EMBRY-RIDDLE AERONAUTICAL (EIN 59-0936101)
Tax period: 2019-07-01 to 2020-06-30
Filed: 2021-05-14
IRS object ID: 202131349349307773
Schema version: 2019v5.1
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	2021-05-14T19:19:50-05:00	ReturnTs
Tax Period End	2020-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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	2019-07-01	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)
In Care Of	% JARE ALLOCCO ALLEN	InCareOfNm
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
Signature	2021-05-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Raymond Ly	PreparerPersonNm
PTIN	P01205643	PTIN
Phone	7032868000	PhoneNum
Preparation	2021-05-14	PreparationDt

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	RANDALL B HOWARD PHD	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	$568,399,647	GrossReceiptsAmt
Group Return For Affiliates	false	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	Embry-Riddle Aeronautical University,Inc. (ERAU) is a private co-educational institution of higher learning. ERAU has long been the established leader (continued on Sch. O)	ActivityOrMissionDesc
Voting Members Governing Body	17	VotingMembersGoverningBodyCnt
Voting Members Independent	16	VotingMembersIndependentCnt
Total Employee	7286	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$57,225	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$36,906,226	PYContributionsGrantsAmt
CY Contributions Grants	$36,095,261	CYContributionsGrantsAmt
PY Program Service Revenue	$492,206,021	PYProgramServiceRevenueAmt
CY Program Service Revenue	$516,970,894	CYProgramServiceRevenueAmt
PY Investment Income	$6,886,659	PYInvestmentIncomeAmt
CY Investment Income	$8,184,287	CYInvestmentIncomeAmt
PY Other Revenue	$556,045	PYOtherRevenueAmt
CY Other Revenue	$491,664	CYOtherRevenueAmt
PY Total Revenue	$536,554,951	PYTotalRevenueAmt
CY Total Revenue	$561,742,106	CYTotalRevenueAmt
PY Grants And Similar Paid	$104,620,639	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$118,622,193	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$237,333,152	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$247,302,649	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$2,775,051	CYTotalFundraisingExpenseAmt
PY Other Expenses	$125,602,989	PYOtherExpensesAmt
CY Other Expenses	$132,649,188	CYOtherExpensesAmt
PY Total Expenses	$467,556,780	PYTotalExpensesAmt
CY Total Expenses	$498,574,030	CYTotalExpensesAmt
PY Revenues Less Expenses	$68,998,171	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$63,168,076	CYRevenuesLessExpensesAmt
Total Assets BOY	$886,582,465	TotalAssetsBOYAmt
Total Assets EOY	$1,097,177,529	TotalAssetsEOYAmt
Total Liabilities BOY	$298,928,188	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$444,811,915	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$587,654,277	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$652,365,614	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	ERAU 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	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Activity	611310	ActivityCd
Expense	$389,083,234	ExpenseAmt
Grant	$118,622,193	GrantAmt
Revenue	$516,940,162	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	$389,083,234	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	Yes (true)	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (true)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	Yes (true)	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	503	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	7286	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	Yes (true)	ForeignFinancialAccountInd
Foreign Country	BR	ForeignCountryCd
Foreign Country	GM	ForeignCountryCd
Foreign Country	SN	ForeignCountryCd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form1098 C Filed	Yes (true)	Form1098CFiledInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	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	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	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

Field	Value	IRS element (for citing)
Person	JARE ALLOCCO ALLEN	PersonNm
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

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Key EmployeeKeyEmployeeInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
P Barry Butler
President	50.0	0.0	Yes (X)	$773,736	$0	$41,734
Randall Howard
SVP, CFO	50.0	0.0	Yes (X)	$476,569	$0	$41,728
STEVEN RIDDER
Head Basketball Coach (DB)	40.0	0.0		$445,399	$0	$42,607	Yes (X)
John Watret
Chancellor, Worldwide Campus	45.0	0.0		$418,019	$0	$42,566		Yes (X)
Rodney Cruise
SR VP for Admin, COO	40.0	0.0		$368,873	$0	$33,792		Yes (X)
LON MOELLER
SVP ACADEMIC AFFAIRS PROVOST	40.0	0.0		$351,502	$0	$42,546		Yes (X)
FRANCIS AYERS
Chancellor, Prescott, AZ Campu	40.0	0.0		$321,011	$0	$26,867		Yes (X)
Marc Archambault
SVP Philanthropy Alumni Engage	40.0	0.0		$257,809	$0	$35,957		Yes (X)
CHARLIE SEVASTOS
VP and General Counsel	40.0	0.0		$257,145	$0	$31,457		Yes (X)
MAJ DEAN MIRMIRANI
SVP ACADEMIC AFFAIRS/RESEARCH	40.0	0.0		$253,906	$0	$24,978	Yes (X)
SCOTT SHAPPELL
Department Chair	40.0	0.0		$233,020	$0	$38,435	Yes (X)
CHRISTINA FREDERICK
PROFESSOR	40.0	0.0		$235,481	$0	$33,186	Yes (X)
ANASTASIOS LYRINTZIS
DEPARTMENT CHAIR	40.0	0.0		$228,214	$0	$37,143	Yes (X)
Brandon Young
Vice President, CHRO	40.0	0.0		$213,703	$0	$35,677		Yes (X)
REBECCA VASQUEZ
VICE PRESIDENT, CIO	40.0	0.0		$218,851	$0	$21,035		Yes (X)
ANNE BRODERICK BOTTERI
VP MARKETING COMMUNICATIONS	40.0	0.0		$205,810	$0	$19,600		Yes (X)
Morteza Hosseini
Board Member - CHAIR	5.0	0.0		$0	$0	$0			Yes (X)
James Henderson
Board Member - Vice CHAIR	5.0	0.0		$0	$0	$0			Yes (X)
Joseph Martin
Board Member - Treasurer	3.0	0.0		$0	$0	$0			Yes (X)
Zane Rowe
Board Member - Secretary	3.0	0.0		$0	$0	$0			Yes (X)
John Amore
Board Member	2.0	0.0		$0	$0	$0			Yes (X)
Kenneth Dufour
Board Member	2.0	0.0		$0	$0	$0			Yes (X)
Charles Duva
Board Member	2.0	0.0		$0	$0	$0			Yes (X)
Ronald Keys
Board Member	2.0	0.0		$0	$0	$0			Yes (X)
Jon Slangerup
Board Member	2.0	0.0		$0	$0	$0			Yes (X)
David O'Maley
Board Member	2.0	0.0		$0	$0	$0			Yes (X)
Glenn S Ritchey
Board Member	2.0	0.0		$0	$0	$0			Yes (X)
David Robertson
Board Member	2.0	0.0		$0	$0	$0			Yes (X)
Jean G Rosanvallon
Board Member	2.0	0.0		$0	$0	$0			Yes (X)
Sally Mason
Board Member	2.0	0.0		$0	$0	$0			Yes (X)
Janet Kavandi
Board Member	2.0	0.0		$0	$0	$0			Yes (X)
Neal Keating
Board Member	2.0	0.0		$0	$0	$0			Yes (X)
Steven Nordlund
Board Member	2.0	0.0		$0	$0	$0			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,259,048	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$549,308	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	324	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	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 Svcs	$15,122,516
Sodexo Inc and Affiliates
600 S Clyde Morris Blvd	DAYTONA BEACH	FL	32114	Dining and Bldg Svcs	$2,171,022
WFF Facility Services
211 S Jefferson Ave	ST LOUIS	MO	63103	Facility Svcs	$2,139,217
Fann Contracting Inc
6725 Generation Ln	PRESCOTT	AZ	86301	Construction Svcs	$1,978,222
Oracle America Inc
500 Oracle Pkwy Mail Stop 20	REDWOOD	CA	94065	Technical Sppt Svcs	$1,262,690

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	88	CntrctRcvdGreaterThan100KCnt
Fundraising	$16,622	FundraisingAmt
Government Grants	$24,421,995	GovernmentGrantsAmt
All Other Contributions	$11,656,644	AllOtherContributionsAmt
Noncash Contributions	$549,648	NoncashContributionsAmt
Total Contributions	$36,095,261	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	HIGHER EDUCATION	Desc
Business	611310	BusinessCd
Total Revenue Column	$516,970,894	TotalRevenueColumnAmt
Related Or Exempt Func Income	$516,924,394	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$46,500	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$516,970,894	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,280,563	TotalRevenueColumnAmt
Exclusion	$7,280,563	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$232,399	TotalRevenueColumnAmt
Exclusion	$232,399	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$455,727	RealAmt
Personal	$10,725	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$455,727	RealAmt
Personal	$10,725	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$466,452	TotalRevenueColumnAmt
Unrelated Business Revenue	$10,725	UnrelatedBusinessRevenueAmt
Exclusion	$455,727	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$5,919,571	SecuritiesAmt
Other	$1,054,501	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$5,883,400	SecuritiesAmt
Other	$419,347	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$36,171	SecuritiesAmt
Other	$635,154	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$671,325	TotalRevenueColumnAmt
Exclusion	$671,325	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$15,963	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$16,622	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$6,519	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$9,444	TotalRevenueColumnAmt
Exclusion	$9,444	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$364,043	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$348,275	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$15,768	TotalRevenueColumnAmt
Related Or Exempt Func Income	$15,768	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$561,742,106	TotalRevenueColumnAmt
Related Or Exempt Func Income	$516,940,162	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$57,225	UnrelatedBusinessRevenueAmt
Exclusion	$8,649,458	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$137,500	TotalAmt
Program Services	$137,500	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$118,484,693	TotalAmt
Program Services	$118,484,693	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,949,636	TotalAmt
Management And General	$3,949,636	ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$187,273,717	TotalAmt
Program Services	$140,019,148	ProgramServicesAmt
Management And General	$45,307,222	ManagementAndGeneralAmt
Fundraising	$1,947,347	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$14,365,771	TotalAmt
Program Services	$10,537,958	ProgramServicesAmt
Management And General	$3,681,254	ManagementAndGeneralAmt
Fundraising	$146,559	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$27,889,447	TotalAmt
Program Services	$20,458,200	ProgramServicesAmt
Management And General	$7,146,720	ManagementAndGeneralAmt
Fundraising	$284,527	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$13,824,078	TotalAmt
Program Services	$10,140,601	ProgramServicesAmt
Management And General	$3,542,444	ManagementAndGeneralAmt
Fundraising	$141,033	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$233,604	TotalAmt
Management And General	$233,604	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$447,131	TotalAmt
Management And General	$447,131	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$394,856	TotalAmt
Program Services	$394,856	ProgramServicesAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,057,668	TotalAmt
Management And General	$1,057,668	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$16,841,381	TotalAmt
Program Services	$10,515,426	ProgramServicesAmt
Management And General	$6,262,694	ManagementAndGeneralAmt
Fundraising	$63,261	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,208,963	TotalAmt
Program Services	$830,155	ProgramServicesAmt
Management And General	$376,738	ManagementAndGeneralAmt
Fundraising	$2,070	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,378,154	TotalAmt
Program Services	$4,650,732	ProgramServicesAmt
Management And General	$4,712,416	ManagementAndGeneralAmt
Fundraising	$15,006	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,800,696	TotalAmt
Program Services	$1,676,392	ProgramServicesAmt
Management And General	$1,123,290	ManagementAndGeneralAmt
Fundraising	$1,014	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$12,230,312	TotalAmt
Program Services	$6,504,619	ProgramServicesAmt
Management And General	$5,725,693	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$6,333,933	TotalAmt
Program Services	$4,689,873	ProgramServicesAmt
Management And General	$1,570,123	ManagementAndGeneralAmt
Fundraising	$73,937	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$2,076,843	TotalAmt
Program Services	$1,624,260	ProgramServicesAmt
Management And General	$438,267	ManagementAndGeneralAmt
Fundraising	$14,316	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$7,950,061	TotalAmt
Program Services	$7,296,667	ProgramServicesAmt
Management And General	$653,394	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$37,105,043	TotalAmt
Program Services	$32,998,965	ProgramServicesAmt
Management And General	$4,106,078	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$4,412,643	TotalAmt
Program Services	$1,729,473	ProgramServicesAmt
Management And General	$2,683,170	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
EQUIPMENT RENTAL	$18,938,549	$8,542,712	$10,389,837	$6,000
LOSS ON DISPOSALS	$3,250,102	$2,679,836	$570,266
FUEL AND OIL	$3,149,903	$2,996,036	$153,867
POSTAGE, SHIPPING, PRINTING	$2,840,580	$1,297,909	$1,466,031	$76,640

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,998,766	TotalAmt
Program Services	$877,223	ProgramServicesAmt
Management And General	$1,118,202	ManagementAndGeneralAmt
Fundraising	$3,341	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$498,574,030	TotalAmt
Program Services	$389,083,234	ProgramServicesAmt
Management And General	$106,715,745	ManagementAndGeneralAmt
Fundraising	$2,775,051	FundraisingAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part X	Yes (X)	InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$12,938,825	BOYAmt
EOY	$20,268,721	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$171,944,133	BOYAmt
EOY	$243,374,460	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$6,098,797	BOYAmt
EOY	$5,441,984	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$13,259,440	BOYAmt
EOY	$15,304,384	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$10,722,551	BOYAmt
EOY	$8,577,941	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$3,562,677	BOYAmt
EOY	$3,942,215	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$7,281,032	BOYAmt
EOY	$8,574,253	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$919,572,685	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$403,685,918	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$497,136,756	BOYAmt
EOY	$515,886,767	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$145,628,573	BOYAmt
EOY	$227,819,140	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$15,766,409	BOYAmt
EOY	$16,553,219	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$2,243,272	BOYAmt
EOY	$31,434,445	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$886,582,465	BOYAmt
EOY	$1,097,177,529	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$35,877,669	BOYAmt
EOY	$48,937,463	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$22,201,433	BOYAmt
EOY	$32,748,863	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$207,375,313	BOYAmt
EOY	$271,742,564	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$13,379,062	BOYAmt
EOY	$38,259,969	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$20,094,711	BOYAmt
EOY	$53,123,056	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$298,928,188	BOYAmt
EOY	$444,811,915	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	$516,393,914	BOYAmt
EOY	$574,692,674	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$71,260,363	BOYAmt
EOY	$77,672,940	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$587,654,277	BOYAmt
EOY	$652,365,614	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$886,582,465	BOYAmt
EOY	$1,097,177,529	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$63,168,076	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$1,543,261	NetUnrlzdGainsLossesInvstAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	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 (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	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	$9,612,360	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$15,825,404	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$15,535,121	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$36,906,226	CurrentTaxYearMinus1YearAmt
Current Tax Year	$36,095,261	CurrentTaxYearAmt
Total	$113,974,372	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$9,612,360	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$15,825,404	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$15,535,121	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$36,906,226	CurrentTaxYearMinus1YearAmt
Current Tax Year	$36,095,261	CurrentTaxYearAmt
Total	$113,974,372	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$6,791,725	SubstantialContributorsTotAmt
Public Support Total170	$107,182,647	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,247,196	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,708,537	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$5,352,837	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,477,830	CurrentTaxYearMinus1YearAmt
Current Tax Year	$7,968,689	CurrentTaxYearAmt
Total	$26,755,089	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$140,729,461	TotalSupportAmt
Gross Receipts Rltd Activities	$2,393,788,664	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.76162	PublicSupportCY170Pct
Public Support PY170	0.74580	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)
Total Grassroots Lobbying		TotalGrassrootsLobbyingGrp
Total Direct Lobbying		TotalDirectLobbyingGrp
Total Lobbying Expend		TotalLobbyingExpendGrp
Other Exempt Purpose Expend		OtherExemptPurposeExpendGrp
Total Exempt Purpose Expend		TotalExemptPurposeExpendGrp
Lobbying Nontaxable Amount		LobbyingNontaxableAmountGrp
Grassroots Nontaxable		GrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non Tx		TotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non Tx		TotLbbyExpendMnsLbbyngNonTxGrp
Volunteers	false	VolunteersInd
Paid Staff Or Management	false	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (true)	DirectContactLegislatorsInd
Direct Contact Legislators	$394,856	DirectContactLegislatorsAmt
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	false	OtherActivitiesInd
Total Lobbying Expenditures	$394,856	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	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)
Held Works Art		HeldWorksArtGrp
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	false	SolicitedAssetsSaleInd
Incl Escrow Custodial Acct Liab	false	InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$93,183,000	BeginningYearBalanceAmt
Contributions	$16,787,000	ContributionsAmt
Investment Earnings Or Losses	-$133,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,530,000	GrantsOrScholarshipsAmt
End Year Balance	$107,307,000	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.63000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.26000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.11000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$9,510,859	OtherCostOrOtherBasisAmt
Book Value	$9,510,859	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$580,889,675	OtherCostOrOtherBasisAmt
Depreciation	$197,111,554	DepreciationAmt
Book Value	$383,778,121	BookValueAmt

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$233,550,655	OtherCostOrOtherBasisAmt
Depreciation	$155,986,249	DepreciationAmt
Book Value	$77,564,406	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$95,621,496	OtherCostOrOtherBasisAmt
Depreciation	$50,588,115	DepreciationAmt
Book Value	$45,033,381	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$515,886,767	TotalBookValueLandBuildingsAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
RIGHT OF USE OPERATING LEASE LIABILITIES	$30,317,962
STUDENT DEPOSITS/ADV PAYMENTS	$14,362,507
ADVANCES, STUDENT LOANS/FIN AID	$8,347,082
ANNUITIES PAYABLE	$95,505

Field	Value	IRS element (for citing)
Total Liability	$53,123,056	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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 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 2020 AND 2019, AND THERE ARE NO UNCERTAIN TAX POSITIONS CONSIDERED TO BE MATERIAL.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	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 (true)	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	17	Program Services	Higher Education	$3,513,979
Europe (Including Iceland and Greenland)	1	6	Program Services	Higher Education	$302,681
South America	1	7	Program Services	Higher Education	$56,000
Central America and the Caribbean			Investments		$8,440,124

Field	Value	IRS element (for citing)
Subtotal Offices	3	SubtotalOfficesCnt
Subtotal Employees	30	SubtotalEmployeesCnt
Total Office	3	TotalOfficeCnt
Total Employee	30	TotalEmployeeCnt
Subtotal Spent	$12,312,784	SubtotalSpentAmt
Total Spent	$12,312,784	TotalSpentAmt
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (true)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (true)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (true)	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	Golf Tournament	Event1Nm
Gross Receipts Event1	$32,585	GrossReceiptsEvent1Amt
Charitable Contri Event1	$16,622	CharitableContriEvent1Amt
Gross Revenue Event1	$15,963	GrossRevenueEvent1Amt
Rent Facility Costs Event1	$6,099	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$107	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$313	OtherDirectExpensesEvent1Amt
Other Events Total	0	OtherEventsTotalCnt
Gross Receipts Total	$32,585	GrossReceiptsTotalAmt
Charitable Contributions Tot	$16,622	CharitableContributionsTotAmt
Gross Revenue Total Events	$15,963	GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events	$6,099	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$107	FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events	$313	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$6,519	DirectExpenseSummaryEventsAmt
Net Income Summary	$9,444	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	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
Experimental Aircraft Association Inc
3000 Poberezny Road	Oshkosh	WI	54902	390917537	501(c)(3)	$92,500	National Convention sponsorship
Museum of Arts and Sciences Inc
352 South Nova Road	Daytona Beach	FL	32114	591022050	501(c)(3)	$10,000	Exhibit sponsorship
Museum of Flight Foundation
9404 East Marginal Way S	Seattle	WA	98108	910785826	501(c)(3)	$10,000	Award Event sponsorship
Team Volusia Economic Development Corp
One Daytona Blvd Suite 240	Daytona Beach	FL	32114	273203032	501(c)(6)	$10,000	Organization sponsorship
National Aviation Hall of Fame
PO Box 31096	Dayton	OH	45437	237117952	501(c)(3)	$8,000	Enshrinement Event sponsorship
Daytona Regional Chamber of Commerce
126 East Orange Ave	Daytona Beach	FL	32114	590215990	501(c)(6)	$7,000	Organization 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	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc	Cash GrantCashGrantAmt
Student Financial Aid	19564	$116,652,802	FMV	Financial Assistance
CARES Act Emergency Financial Aid Student Grants	1404				$1,831,891

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 (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	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	Yes (true)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (true)	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 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	$542,658	$0	$115,130	$0	$115,948	$0	$26,600	$0	$15,134	$0	$815,470	$0	$0	$0
Randall Howard
SVP, CFO	$413,426	$0	$60,130	$0	$3,013	$0	$26,600	$0	$15,128	$0	$518,297	$0	$0	$0
John Watret
Chancellor, Worldwide Campus	$365,994	$0	$50,130	$0	$1,895	$0	$26,600	$0	$15,966	$0	$460,585	$0	$0	$0
Rodney Cruise
SR VP for Admin, COO	$306,856	$0	$60,130	$0	$1,887	$0	$26,600	$0	$7,192	$0	$402,665	$0	$0	$0
LON MOELLER
SVP ACADEMIC AFFAIRS PROVOST	$344,570	$0	$5,130	$0	$1,802	$0	$26,600	$0	$15,946	$0	$394,048	$0	$0	$0
FRANCIS AYERS
Chancellor, Prescott, AZ Campu	$261,245	$0	$40,130	$0	$19,636	$0	$26,519	$0	$348	$0	$347,878	$0	$0	$0
Marc Archambault
SVP Philanthropy Alumni Engage	$226,388	$0	$30,130	$0	$1,291	$0	$25,009	$0	$10,948	$0	$293,766	$0	$0	$0
CHARLIE SEVASTOS
VP and General Counsel	$235,425	$0	$20,130	$0	$1,590	$0	$24,708	$0	$6,749	$0	$288,602	$0	$0	$0
Brandon Young
Vice President, CHRO	$208,589	$0	$3,630	$0	$1,484	$0	$20,719	$0	$14,958	$0	$249,380	$0	$0	$0
REBECCA VASQUEZ
VICE PRESIDENT, CIO	$213,864	$0	$3,630	$0	$1,357	$0	$20,650	$0	$385	$0	$239,886	$0	$0	$0
ANNE BRODERICK BOTTERI
VP MARKETING COMMUNICATIONS	$169,363	$0	$0	$0	$36,447	$0	$14,858	$0	$4,742	$0	$225,410	$0	$0	$0
STEVEN RIDDER
Head Basketball Coach (DB)	$443,184	$0	$130	$0	$2,085	$0	$26,600	$0	$16,007	$0	$488,006	$0	$0	$0
MAJ DEAN MIRMIRANI
SVP ACADEMIC AFFAIRS/RESEARCH	$252,533	$0	$130	$0	$1,243	$0	$24,004	$0	$974	$0	$278,884	$0	$0	$0
SCOTT SHAPPELL
Department Chair	$232,515	$0	$130	$0	$375	$0	$22,584	$0	$15,851	$0	$271,455	$0	$0	$0
CHRISTINA FREDERICK
PROFESSOR	$235,252	$0	$130	$0	$99	$0	$22,751	$0	$10,435	$0	$268,667	$0	$0	$0
ANASTASIOS LYRINTZIS
DEPARTMENT CHAIR	$226,953	$0	$130	$0	$1,131	$0	$22,169	$0	$14,974	$0	$265,357	$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 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 4A ANNE BRODERICK BOTTERI RECEIVED A SEVERANCE PAYMENT OF $33,408 DURING 2019.

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	false	false	false
VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY
B	800000613	928836KYO	2015-03-23	$76,273,696	CONSTRUCTION AND CAPITAL IMPROVEME	Yes (true)	false	false
VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY
C	800000613	000000000	2015-07-17	$26,535,000	Partially Refund Series 2005	false	false	false
VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY
D	800000613	928836MP7	2017-08-17	$54,335,668	REFUND SERIES 2011 AND CONSTRUCTIO	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Substantial CompletionSubstantialCompletionYr
A	$12,835,000	$0	$50,740,000	$0	$0	$0	$324,722	$0	$0	$0	$50,415,278	$0	false	Yes (true)	Yes (true)	Yes (true)
B	$1,325,000	$26,265,000	$76,299,686	$0	$0	$0	$773,696	$0	$0	$75,525,928	$62	$0	false	false	Yes (true)	Yes (true)	2018
C	$7,635,000	$0	$26,535,000	$0	$0	$0	$105,499	$0	$0	$0	$26,429,501	$0	Yes (true)	false	Yes (true)	Yes (true)
D	$0	$0	$55,311,131	$0	$0	$11,068,317	$462,990	$0	$0	$0	$43,779,824	$0	false	Yes (true)	false	Yes (true)	2019

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	Private Bus Use By OthersPrivateBusUseByOthersPct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd	Total Private Business UseTotalPrivateBusinessUsePct
A	false	false	Yes (true)	false	Yes (true)	false	0	false	false	false	Yes (true)
B	false	false	false		false		0	false	false	false	Yes (true)
C	false	false	Yes (true)	false	false		0.01860	false	false	false	Yes (true)	0.01860
D	false	false	false		Yes (true)	false	0	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	Rebate Not Due YetRebateNotDueYetInd
0
A	false	Yes (true)	false	false	false	0	false	Yes (true)
0
B	false	Yes (true)	false	false	false	0	false	Yes (true)
0
C	false		false	false	false	0	false	Yes (true)	Yes (true)
0
D	false		false	false	false	0	false	Yes (true)	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)
C	Yes (true)
D	Yes (true)

Supplemental Information Detail SupplementalInformationDetail (15 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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	07/01/2015 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 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	07/01/2015 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 6/30/20. 5-YEAR ANNIVERSARY REBATE COMPUTATIONS COMPLETED 2/12/20.
SCHEDULE K, PART IV, LINE 2C, COLUMN B	03/23/2015 76,273,696 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - ANNUAL REBATE COMPUTATIONS COMPLETED 6/30/20. 5-YEAR ANNIVERSARY REBATE COMPUTATIONS COMPLETED 3/23/20.
SCHEDULE K, PART IV, LINE 2A, COLUMN C	07/17/2015 26,535,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - ANNUAL REBATE COMPUTATIONS COMPLETED 6/30/20.
SCHEDULE K, PART IV, LINE 2A, COLUMN D	08/17/2017 54,335,668 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - ANNUAL REBATE COMPUTATIONS COMPLETED 6/30/20.
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 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 6/30/20.

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 CONS	PurposeDesc
Defeased	false	DefeasedInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Pool Financing	false	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Retired	$0	RetiredAmt
Bond Defeased	$0	BondDefeasedAmt
Total Proceeds	$118,087,855	TotalProceedsAmt
In Reserve Fund	$0	InReserveFundAmt
Capitalized Interest	$0	CapitalizedInterestAmt
Refunding Escrow	$0	RefundingEscrowAmt
Issuance Costs From Proceeds	$777,214	IssuanceCostsFromProceedsAmt
Credit Enhancement	$0	CreditEnhancementAmt
Working Capital Expenditures	$0	WorkingCapitalExpendituresAmt
Capital Expenditures	$21,230,843	CapitalExpendituresAmt
Other Spent Proceeds	$27,241,130	OtherSpentProceedsAmt
Unspent	$68,838,668	UnspentAmt
Refunding Tax Exempt Bonds	Yes (true)	RefundingTaxExemptBondsInd
Refunding Taxable Bonds	false	RefundingTaxableBondsInd
Final Allocation Made	false	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (true)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	false	OwningBondFinancedPropertyInd
Any Lease Arrangements	false	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	false	MgmtContractBondFincdPropInd
Any Research Agreements	Yes (true)	AnyResearchAgreementsInd
Engage Bond Counsel Research	false	EngageBondCounselResearchInd
Private Bus Use By Others	0	PrivateBusUseByOthersPct
Bond Iss Meet Prvt Sec Pymt Test	false	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	false	ChangeInUseBondFinancedPropInd
Remedial Action Taken	false	RemedialActionTakenInd
Procs Nonqualified Bond Remdtd	Yes (true)	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	false	Form8038TFiledInd
Rebate Not Due Yet	Yes (true)	RebateNotDueYetInd
Variable Rate Issue	false	VariableRateIssueInd
Hedge Identified In Bks And Rec	false	HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

Field	Value	IRS element (for citing)
Business Name Line1	0	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGICInd

GIC Provider Name GICProviderName

Field	Value	IRS element (for citing)
Business Name Line1	0	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Gross Proceeds Invested	false	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (true)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	Yes (true)	ProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
Brown Brown of FL Inc
Significant Contributor	$3,137,661	Insurance services	false
HF COMMERCIAL INVESTMENTS LLLP
TRUSTEE HOSSEINI, PRINCIPAL	$191,367	LEASE OFFICE SPACE	false
HF COMMERCIAL LAND HOLDINGS LLC
TRUSTEE HOSSEINI, PRINCIPAL	$115,072	LEASE OFFICE SPACE	false
INTERVEST CONSTRUCTION INDUSTRIES
TRUSTEE HOSSEINI, PRINCIPAL	$443,498	LEASE OFFICE SPACE	false
SIGNATURES EXECUTIVE PARK OWNERS
TRUSTEE HOSSEINI, PRINCIPAL	$161,812	LEASE OFFICE SPACE	false

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$180	NoncashContributionsRptF990Amt
Method Of Determining Revenues	STATED FACE VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp
Books And Publications		BooksAndPublicationsGrp

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$1,270	NoncashContributionsRptF990Amt
Method Of Determining Revenues	STATED FACE VALUE	MethodOfDeterminingRevenuesTxt

Cars And Other Vehicles CarsAndOtherVehiclesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$50,765	NoncashContributionsRptF990Amt
Method Of Determining Revenues	STATED FACE VALUE	MethodOfDeterminingRevenuesTxt

Boats And Planes BoatsAndPlanesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$33,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Indep. appraisal	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	23	ContributionCnt
Noncash Contributions Rpt F990	$349,707	NoncashContributionsRptF990Amt
Method Of Determining Revenues	PUBLIC EXCHANGE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp
Real Estate Residential		RealEstateResidentialGrp
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp

Collectibles CollectiblesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$30	NoncashContributionsRptF990Amt
Method Of Determining Revenues	STATED FACE VALUE	MethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	6	ContributionCnt
Noncash Contributions Rpt F990	$57,260	NoncashContributionsRptF990Amt
Method Of Determining Revenues	STATED FACE VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	Computers/equipment	1	$51,040	STATED FACE VALUE
Yes (X)	GIFT CERTS/REAL PROPERTY	23	$6,396	STATED FACE VALUE

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990 PART I, LINE 1	(continued from page 1) 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.
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 IN THE PRESIDENT'S COMPENSATION, THE BOARD CHAIR OBTAINS INPUT FROM THE VICE PRESIDENT AND CHIEF HUMAN RESOURCES OFFICER AND OTHER SOURCES SUCH AS THE CHRONICLE OF HIGHER EDUCATION 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 ERAUS WEBSITE.

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	$480,202	$1,009,082	ERAU
Embry-Riddle Deutschland GMBH
Kurfuerstenstrasse 56	Berlin	GM	10785	981424758	HIGHER ED	GM	$235,530	$357,165	ERAU

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1ForeignAddress/AddressLine1Txt	CountryForeignAddress/CountryCd	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 020102 BOON SIEW	SN	980681431	HIGHER ED	SN	501(C)(3)	2	NA	Yes (true)
Eagle Flying Club of ERAU
		593530394	Aircraft rent		501(C)(4)		NA	Yes (true)	1 Aerospace Boulevard	Daytona Beach	FL	32114	FL

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	false	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (true)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (true)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (true)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	Yes (true)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
Embry-Riddle Aeronautical Univ ASIA LTD
S	$904,107	CASH TRANSFER
Embry-Riddle Aeronautical Univ ASIA LTD
Q	$100,893	CASH TRANSFER
Embry-Riddle Deutschland GmbH
P	$390,542	CASH TRANSFER
Eagle Flying Club of ERAU
B	$45,000	CASH TRANSFER