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RIDER UNIVERSITY: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
RIDER UNIVERSITY (EIN 21-0650678)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-17
IRS object ID
202131379349300128
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-17T07:01:23-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1610 W GERMANTOWN PIKE SUITE 400AddressLine1Txt
CityPLYMOUTH MEETINGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19462ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN210650678EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RIDER UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRIDEBusinessNameControlTxt
Phone6098965000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12083 LAWRENCEVILLE ROADAddressLine1Txt
CityLAWRENCEVILLECityNm
State AbbreviationNJStateAbbreviationCd
ZIP086483099ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES P HARTMANPersonNm
Person TitleVP FINANCE AND TREASURERPersonTitleTxt
Phone6098965000PhoneNum
Signature2021-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCONNIE M LIRAPreparerPersonNm
PTINP00481097PTIN
Phone2156433900PhoneNum
Preparation2021-05-11PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR GREGORY DELL'OMOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12083 LAWRENCEVILLE ROADAddressLine1Txt
CityLAWRENCEVILLECityNm
State AbbreviationNJStateAbbreviationCd
ZIP086483099ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$283,653,776GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RIDER.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1865FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionRIDER UNIVERSITY IS A PRIVATE, NOT-FOR-PROFIT INSTITUTION FOUNDED IN 1865.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent28VotingMembersIndependentCnt
Total Employee3485TotalEmployeeCnt
Total Volunteers719TotalVolunteersCnt
Total Gross UBI$564,140TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$20,549,823PYContributionsGrantsAmt
CY Contributions Grants$23,229,204CYContributionsGrantsAmt
PY Program Service Revenue$206,997,740PYProgramServiceRevenueAmt
CY Program Service Revenue$198,291,392CYProgramServiceRevenueAmt
PY Investment Income$3,708,061PYInvestmentIncomeAmt
CY Investment Income$2,844,439CYInvestmentIncomeAmt
PY Other Revenue$1,577,386PYOtherRevenueAmt
CY Other Revenue$933,662CYOtherRevenueAmt
PY Total Revenue$232,833,010PYTotalRevenueAmt
CY Total Revenue$225,298,697CYTotalRevenueAmt
PY Grants And Similar Paid$80,322,997PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$84,345,995CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$94,032,972PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$93,632,791CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$54,788PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$45,692CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,116,680CYTotalFundraisingExpenseAmt
PY Other Expenses$57,377,469PYOtherExpensesAmt
CY Other Expenses$56,175,644CYOtherExpensesAmt
PY Total Expenses$231,788,226PYTotalExpensesAmt
CY Total Expenses$234,200,122CYTotalExpensesAmt
PY Revenues Less Expenses$1,044,784PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$8,901,425CYRevenuesLessExpensesAmt
Total Assets BOY$281,014,163TotalAssetsBOYAmt
Total Assets EOY$278,802,595TotalAssetsEOYAmt
Total Liabilities BOY$123,049,840TotalLiabilitiesBOYAmt
Total Liabilities EOY$134,792,144TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$157,964,323NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$144,010,451NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE O FOR RIDER UNIVERSITY'S VISION, MISSION, AND PROMISE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$139,533,724ExpenseAmt
Grant$83,778,264GrantAmt
Revenue$100,142,413RevenueAmt
DescINSTRUCTION: RIDER UNIVERSITY IS AN INDEPENDENT, COMPREHENSIVE, TEACHING ORIENTED INSTITUTION OF HIGHER LEARNING. THE UNIVERSITY OFFERS FINANCIAL SUPPORT TO STUDENTS THROUGH ACADEMIC AND ATHLETIC SCHOLARSHIPS, GRANTS AND STUDENT WORKSTUDY PROGRAMS. RIDER UNIVERSITY IS CURRENTLY ORGANIZED INTO FIVE COLLEGES - THE COLLEGE OF LIBERAL ARTS AND SCIENCES; THE COLLEGE OF EDUCATION AND HUMAN SERVICES; NORM BRODSKY COLLEGE OF BUSINESS; THE COLLEGE OF CONTINUING STUDIES; AND THE WESTMINSTER COLLEGE OF THE ARTS. SEE SCHEDULE O FOR CONTINUATION OF ACCOMPLISHMENTS FOR INSTRUCTION.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$25,656,033ExpenseAmt
Grant$0GrantAmt
Revenue$46,080,924RevenueAmt
DescSTUDENT SERVICES: RIDER UNIVERSITY PROVIDES THESE SERVICES TO THE ENTIRE STUDENT COMMUNITY IN AN EFFORT TO DEVELOP THE INTELLECTUAL AND SOCIAL TALENTS OF ITS STUDENTS. THESE SERVICES INCLUDE: ADMISSIONS, ATHLETICS, GREEK LIFE, CAREER SERVICES, COUNSELING CENTER, HEALTH SERVICES, FINANCIAL AID, AND RECREATION PROGRAMS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$21,977,812ExpenseAmt
Grant$541,362GrantAmt
Revenue$22,542,535RevenueAmt
DescAUXILIARY ENTERPRISES: PRIMARY ROOM AND BOARD. RIDER UNIVERSITY HAS A LAWRENCEVILLE CAMPUS AND A PRINCETON CAMPUS. THE LAWRENCEVILLE CAMPUS HOUSES APPROXIMATELY 1,930 STUDENTS IN THIRTEEN RESIDENCE HALLS AND SIX GREEK HOUSES. THE LAWRENCEVILLE CAMPUS OFFERS FACILITIES FOR DINING AND SNACKING FOR STUDENTS, FACULTY, STAFF AND GUESTS AT DALY'S DINING HALL, CRANBERRY'S, STARBUCKS, ANDREW J'S AND SWEIGART EXPRESS.THE PRINCETON CAMPUS HOUSES APPROXIMATELY 85 STUDENTS IN THREE RESIDENCE HALLS. THE PRINCETON CAMPUS OFFERS THE DINING COMMONS AND THE WCC PUB FOR MEALS AND SNACKS FOR STUDENTS, FACULTY, STAFF AND GUESTS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtGrantGrantAmtRevenueRevenueAmtDescDesc
$15,846,401$26,369$28,461,545ACADEMIC SUPPORT: GENERAL SUPPORT TO THE STUDENTS. THESE INCLUDE ACADEMIC INFORMATION TECHNOLOGY, DEAN'S OFFICES, LIBRARIES, THEATER, ART GALLERY, TV STUDIO, AND OTHER SIMILAR ACADEMIC ACTIVITIES.
$592,294$0$1,063,975RESEARCH: RESEARCH PERFORMED BY FACULTY AND STUDENTS
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$16,438,695TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$26,369TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$29,525,520TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$203,606,264TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document435IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee3485EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member28IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PETER E BIHUNIAKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6098965009PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12083 LAWRENCEVILLE ROADAddressLine1Txt
CityLAWRENCEVILLECityNm
State AbbreviationNJStateAbbreviationCd
ZIP086483099ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndKey EmployeeKeyEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
GREGORY G DELL'OMO
PRESIDENT50.00Yes (X)$532,400$0$87,712
KEVIN A BAGGETT
BASKETBALL COACH37.50$344,732$0$36,026Yes (X)
JAMES P HARTMAN
VP FINANCE & TREASURER50.00Yes (X)$299,099$0$25,730
DONNAJEAN A FREDEEN
PROVOST/VP ACADEMIC AFFAIRS50.00Yes (X)$283,751$0$38,027
KARIN KLIM
VP UNIVERSITY ADVANCEMENT50.00$255,022$0$43,524Yes (X)
MARK A SOLOMON
VP LEGAL AFFAIRS & GENERAL COUNSEL50.00Yes (X)$252,377$0$39,288
GARY M BROSVIC
PROFESSOR PSYCHOLOGY37.50$248,144$0$23,012Yes (X)
DREW C AROMANDO
VP ENROLLMENT MANAGEMENT50.00$239,708$0$12,463Yes (X)
MICHAEL F RECA
VP FACILITIES & UNIVERSITY OPERATION50.00$238,161$0$12,038Yes (X)
CYNTHIA NEWMAN
PROFESSOR MARKETING37.50$235,678$0$10,291Yes (X)
MARSHALL ONOFRIO
DEAN WESTMINSTER COLLEGE OF THE ARTS37.50$216,747$0$23,021Yes (X)
DEBORA Z STASOLLA SECRETARY
VP STRATEGIC INITIATIVES & PLANNING50.00Yes (X)$175,382$0$27,941
PETER E BIHUNIAK
AVP FINANCE & CONTROLLER37.50$166,463$0$8,748Yes (X)
JONATHAN H MILLEN
FORMER KEY EMPLOYEE - DEAN37.50$119,604$0$18,281Yes (X)
ROBERT SCHIMEK
CHAIR1.00Yes (X)$0$0$0Yes (X)
F CHRISTOPHER CAROTHERS
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
JOHN GUARINO
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
SUZANNE BORGOS
TRUSTEE1.00$0$0$0Yes (X)
JAMES P BUSH
TRUSTEE1.00$0$0$0Yes (X)
ROBERT CHRISTIE
TRUSTEE1.00$0$0$0Yes (X)
DR JEFFREY CORNELIUS
TRUSTEE1.00$0$0$0Yes (X)
MOLLY O'NEIL FRANK
TRUSTEE1.00$0$0$0Yes (X)
PATRICIA HARTPENCE
TRUSTEE1.00$0$0$0Yes (X)
WARREN HIRSCHHORN
TRUSTEE1.00$0$0$0Yes (X)
THOMAS J LYNCH
TRUSTEE1.00$0$0$0Yes (X)
THOMAS MARINO
TRUSTEE1.00$0$0$0Yes (X)
JOAN MAZZOTTI
TRUSTEE1.00$0$0$0Yes (X)
TERRY MCEWEN
TRUSTEE1.00$0$0$0Yes (X)
HON MARC A MCKITHEN
TRUSTEE1.00$0$0$0Yes (X)
THOMAS M MULHARE
TRUSTEE1.00$0$0$0Yes (X)
GARY NEUBECK
TRUSTEE1.00$0$0$0Yes (X)
CHRISTOPHER NIKOLICH
TRUSTEE1.00$0$0$0Yes (X)
DENISE PETITTA
TRUSTEE1.00$0$0$0Yes (X)
MICHELE POWERS
TRUSTEE1.00$0$0$0Yes (X)
BARRY RABNER
TRUSTEE1.00$0$0$0Yes (X)
MICHAEL RESTUCCIA
TRUSTEE1.00$0$0$0Yes (X)
SHERISE RITTER
TRUSTEE1.00$0$0$0Yes (X)
WILLIAM M RUE
TRUSTEE1.00$0$0$0Yes (X)
JANET L RUSSELL
TRUSTEE1.00$0$0$0Yes (X)
HON MARK S SCHWEIKER
TRUSTEE1.00$0$0$0Yes (X)
COLLEEN STACY SHAPIRO
TRUSTEE1.00$0$0$0Yes (X)
ARTHUR J STAINMAN
TRUSTEE1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,607,268TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$406,102TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K220IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ELLUCIAN COMPANY LP
62590 COLLECTION CENTER DRIVECHICAGOLA60693INFORMATION TECHNOLOGY$1,698,407
ONE SIXTY OVER NINTY LLC
510 WALNUT STREET FLOOR 19PHILADELPHIAPA19106MARKETING$830,374
POSITIVE () SOLUTIONS
186 BURNET CRESCENTROBBINSVILLENJ08691MARKETING$518,269
RESOURCE MANAGEMENT GROUP
PO BOX 373LUMBERTONNJ08048COVID-19 RELATED SERVICES$390,490
PEPPER HAMILTON LLP
301 CARNEGIE CTR SUITE 400PRINCETONNJ08540LEGAL$352,058
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K11CntrctRcvdGreaterThan100KCnt
Federated Campaigns$68,528FederatedCampaignsAmt
Fundraising$128,085FundraisingAmt
Government Grants$5,058,177GovernmentGrantsAmt
All Other Contributions$17,974,414AllOtherContributionsAmt
Noncash Contributions$6,164,582NoncashContributionsAmt
Total Contributions$23,229,204TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611310$174,000,047$174,000,047
ROOM AND BOARD611310$21,321,973$21,321,973
OTHER PROGRAM SERVICE REVENUE611310$2,851,716$2,851,716
STUDY TOURS611310$117,656$117,656
FieldValueIRS element (for citing)
Total Program Service Revenue$198,291,392TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,666,943TotalRevenueColumnAmt
Unrelated Business Revenue-$83,654UnrelatedBusinessRevenueAmt
Exclusion$1,750,597ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$536,339TotalRevenueColumnAmt
Exclusion$536,339ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,999TotalRevenueColumnAmt
Exclusion$19,999ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$206,739RealAmt
Personal$47,500PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$206,739RealAmt
Personal$47,500PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$254,239TotalRevenueColumnAmt
Unrelated Business Revenue$47,500UnrelatedBusinessRevenueAmt
Exclusion$206,739ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$58,892,416SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$58,251,259SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$641,157SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$641,157TotalRevenueColumnAmt
Unrelated Business Revenue$39,644UnrelatedBusinessRevenueAmt
Exclusion$601,513ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$84,813FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$128,085ContriRptFundraisingEventAmt
Fundraising Direct Expenses$103,820FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$19,007TotalRevenueColumnAmt
Exclusion-$19,007ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
BUSINESS CONFERENCE CENTER721000$625,325$544,407$80,918
VENDING MACHINE COMMISSION900099$30,212$30,212
FITNESS CENTER713940$22,894$16,243$6,651
FieldValueIRS element (for citing)
Other Revenue Total$678,431OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$225,298,697TotalRevenueColumnAmt
Related Or Exempt Func Income$198,291,392RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$564,140UnrelatedBusinessRevenueAmt
Exclusion$3,213,961ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$26,369TotalAmt
Program Services$26,369ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$84,319,626TotalAmt
Program Services$84,319,626ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,557,282TotalAmt
Program Services$556,038ProgramServicesAmt
Management And General$1,759,220ManagementAndGeneralAmt
Fundraising$242,024FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$20,403TotalAmt
Program Services$20,403ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$72,077,798TotalAmt
Program Services$60,638,035ProgramServicesAmt
Management And General$9,621,341ManagementAndGeneralAmt
Fundraising$1,818,422FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,511,055TotalAmt
Program Services$1,711,253ProgramServicesAmt
Management And General$740,895ManagementAndGeneralAmt
Fundraising$58,907FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$10,461,167TotalAmt
Program Services$6,886,363ProgramServicesAmt
Management And General$3,412,440ManagementAndGeneralAmt
Fundraising$162,364FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,005,086TotalAmt
Program Services$4,474,999ProgramServicesAmt
Management And General$1,389,443ManagementAndGeneralAmt
Fundraising$140,644FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$371,863TotalAmt
Program Services$371,863ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$492,732TotalAmt
Management And General$492,732ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$168,500TotalAmt
Management And General$168,500ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$8,715TotalAmt
Management And General$8,715ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$45,692TotalAmt
Fundraising$45,692FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$324,720TotalAmt
Management And General$324,720ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,243,269TotalAmt
Program Services$2,028,715ProgramServicesAmt
Management And General$3,152,949ManagementAndGeneralAmt
Fundraising$61,605FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,259,787TotalAmt
Program Services$380,185ProgramServicesAmt
Management And General$766,236ManagementAndGeneralAmt
Fundraising$113,366FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,928,655TotalAmt
Program Services$1,152,695ProgramServicesAmt
Management And General$1,715,870ManagementAndGeneralAmt
Fundraising$60,090FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,434,016TotalAmt
Program Services$4,392,115ProgramServicesAmt
Management And General$903,455ManagementAndGeneralAmt
Fundraising$138,446FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,817,862TotalAmt
Program Services$8,391,926ProgramServicesAmt
Management And General$381,154ManagementAndGeneralAmt
Fundraising$44,782FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,297,923TotalAmt
Program Services$2,183,551ProgramServicesAmt
Management And General$90,943ManagementAndGeneralAmt
Fundraising$23,429FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$691,390TotalAmt
Program Services$585,661ProgramServicesAmt
Management And General$60,059ManagementAndGeneralAmt
Fundraising$45,670FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,889,773TotalAmt
Program Services$1,757,086ProgramServicesAmt
Management And General$123,204ManagementAndGeneralAmt
Fundraising$9,483FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$11,276,008TotalAmt
Program Services$10,828,360ProgramServicesAmt
Management And General$385,631ManagementAndGeneralAmt
Fundraising$62,017FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,533,937TotalAmt
Program Services$222,408ProgramServicesAmt
Management And General$1,311,323ManagementAndGeneralAmt
Fundraising$206FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD SERVICE$6,761,638$6,761,638
BOOK/PERIODICALS/SUBSCR$1,055,961$1,030,292$11,134$14,535
ALLOCATIONS/BAD DEBTS$701,698$321,605$380,093
DUES/MEMBERSHIPS$683,309$457,422$207,666$18,221

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,233,888TotalAmt
Program Services$4,107,656ProgramServicesAmt
Management And General$69,455ManagementAndGeneralAmt
Fundraising$56,777FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$234,200,122TotalAmt
Program Services$203,606,264ProgramServicesAmt
Management And General$27,477,178ManagementAndGeneralAmt
Fundraising$3,116,680FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$25,990BOYAmt
EOY$21,583EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$28,096,191BOYAmt
EOY$21,672,174EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$21,525,956BOYAmt
EOY$21,563,243EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,680,929BOYAmt
EOY$3,571,299EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,688,781BOYAmt
EOY$1,967,828EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$323,246,462LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$176,224,982LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$132,327,371BOYAmt
EOY$147,021,480EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$61,450,445BOYAmt
EOY$48,964,231EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$26,115,437BOYAmt
EOY$29,016,799EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$3,174,311BOYAmt
EOY$2,667,577EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,928,752BOYAmt
EOY$2,336,381EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$281,014,163BOYAmt
EOY$278,802,595EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$21,916,064BOYAmt
EOY$21,909,224EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$8,116,000BOYAmt
EOY$12,339,359EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$78,449,551BOYAmt
EOY$76,508,359EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$381,542BOYAmt
EOY$417,201EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$728,303BOYAmt
EOY$7,645,671EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,458,380BOYAmt
EOY$15,972,330EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$123,049,840BOYAmt
EOY$134,792,144EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$70,834,881BOYAmt
EOY$50,217,352EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$87,129,442BOYAmt
EOY$93,793,099EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$157,964,323BOYAmt
EOY$144,010,451EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$281,014,163BOYAmt
EOY$278,802,595EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$8,901,425ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$3,084,300NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$1,968,147OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$3,763DirectContactLegislatorsAmt
Rallies DemonstrationsYes (1)RalliesDemonstrationsInd
Rallies Demonstrations$25,217RalliesDemonstrationsAmt
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$8,715OtherActivitiesAmt
Total Lobbying Expenditures$37,695TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationPAID STAFF AND DIRECT CONTACT: THE PRESIDENT MET WITH KEY LEGISLATORS AND POLICYMAKERS IN AN EFFORT TO ADVOCATE ON BEHALF OF THE STUDENTS AT RIDER UNIVERSITY WHO RECEIVE FINANCIAL SUPPORT FROM THE STATE AND FEDERAL GOVERNMENT. SPEECHES, LECTURES: THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IN NEW JERSEY (AICUNJ) IS COMMITTED TO THE ADVANCEMENT OF INDEPENDENT HIGHER EDUCATION IN NEW JERSEY. IT SERVES AS A LIAISON WITH THE STATE AND FEDERAL GOVERNMENT ON BEHALF OF THE INDEPENDENT SECTOR. THE PRESIDENT OF RIDER UNIVERSITY ATTENDED AICUNJ MEETINGS, AS WELL AS OTHER INDUSTRY ASSOCIATION MEETINGS, THROUGHOUT FISCAL YEAR 2020 AND SUPPORTED ITS EFFORTS TO ADVOCATE ON BEHALF OF RIDER AND THE INDEPENDENT SECTOR. OTHER LOBBYING ACTIVITIES: THE UNIVERSITY PAYS ANNUAL ASSOCIATION DUES TO AICUNJ, TO THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU), AND TO THE INDEPENDENT COLLEGE FUND OF NEW JERSEY (ICFNJ). AMONG OTHER SERVICES, THESE ASSOCIATIONS LOBBY ON BEHALF OF SECTOR NEEDS.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$67,045,984BeginningYearBalanceAmt
Contributions$6,004,689ContributionsAmt
Investment Earnings Or Losses-$339,250InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,253,609GrantsOrScholarshipsAmt
Other Expenditures$408,767OtherExpendituresAmt
End Year Balance$69,049,047EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$59,732,623BeginningYearBalanceAmt
Contributions$8,093,298ContributionsAmt
Investment Earnings Or Losses$2,707,988InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,035,017GrantsOrScholarshipsAmt
Other Expenditures$452,908OtherExpendituresAmt
End Year Balance$67,045,984EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$57,307,247BeginningYearBalanceAmt
Contributions$1,591,882ContributionsAmt
Investment Earnings Or Losses$4,162,599InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,895,013GrantsOrScholarshipsAmt
Other Expenditures$434,092OtherExpendituresAmt
End Year Balance$59,732,623EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$55,014,641BeginningYearBalanceAmt
Contributions$1,137,210ContributionsAmt
Investment Earnings Or Losses$6,336,806InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,693,180GrantsOrScholarshipsAmt
Other Expenditures$2,488,230OtherExpendituresAmt
End Year Balance$57,307,247EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$56,381,872BeginningYearBalanceAmt
Contributions$2,605,904ContributionsAmt
Investment Earnings Or Losses-$1,455,717InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,065,856GrantsOrScholarshipsAmt
Other Expenditures$451,562OtherExpendituresAmt
End Year Balance$55,014,641EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.05660BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.81770PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.12570TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$3,330,000InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$253,359OtherCostOrOtherBasisAmt
Book Value$3,583,359BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$214,283,447OtherCostOrOtherBasisAmt
Depreciation$121,346,706DepreciationAmt
Book Value$92,936,741BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$27,638,685OtherCostOrOtherBasisAmt
Depreciation$15,445,081DepreciationAmt
Book Value$12,193,604BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$77,740,971OtherCostOrOtherBasisAmt
Depreciation$39,433,195DepreciationAmt
Book Value$38,307,776BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$147,021,480TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
ALTERNATIVES: FIXED INCOME$2,590,876F
ALTERNATIVES: PRIVATE REAL ASSETS$2,711,244F
ALTERNATIVES: DOMESTIC EQUITY$3,432,740F
ALTERNATIVES: FLEXIBLE CAPITAL$4,942,297F
ALTERNATIVES: PRIVATE EQUITY$5,705,869F
ALTERNATIVES: INTERNATIONAL EQUITY$5,833,773F
REAL ESTATE$3,800,000C
FieldValueIRS element (for citing)
Total Book Value Securities$29,016,799TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)

DescDescAmtAmt
ASSET RETIREMENT OBLIGATION$5,110,062
STUDENT DEPOSITS AND CREDIT BALANCES$4,011,376
US GOVERNMENT GRANTS REFUNDABLE$2,758,963
EMPLOYEE AND RETIREE MEDICAL SELF-INSURED LIABILITY$1,301,197
CAPITAL LEASE$1,262,726
VENDOR LIABILITIES$742,563
ANNUITIES PAYABLE$565,725
OTHER LIABILITIES$219,718
FieldValueIRS element (for citing)
Total Liability$15,972,330TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$137,882,043TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$3,084,300NetUnrealizedGainsInvstAmt
Other Revenue-$84,007,634OtherRevenueAmt
Revenue Not Reported-$87,091,934RevenueNotReportedAmt
Revenue Subtotal$224,973,977RevenueSubtotalAmt
Investment Expenses Not Incld$324,720InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$324,720RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$225,298,697TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$151,835,915TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$2,280,139OtherExpensesIncludedAmt
Expenses Not Reported$2,280,139ExpensesNotReportedAmt
Expenses Subtotal$149,555,776ExpensesSubtotalAmt
Investment Expenses Not Incld2$324,720InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$84,319,626OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$84,644,346ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$234,200,122TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:THE UNIVERSITY IS A CUSTODIAN OF SEVERAL AGENCY ACCOUNTS TOTALING $417,201. THE AGENCY ACCOUNTS PRIMARILY RELATE TO STUDENT ORGANIZATIONS FOR WHICH THE UNIVERSITY HOLDS THE FUNDS FOR EACH ORGANIZATION UNTIL SUCH TIME AS A CHECK REQUEST IS SUBMITTED BY THE ORGANIZATION FOR REIMBURSEMENT. THIS AMOUNT IS RECORDED AS A LIABILITY ON THE UNIVERSITY'S BALANCE SHEET.
PART V, LINE 4:THE ENDOWMENT SPENDING POLICY SUPPORTS SCHOLARSHIPS, GRANTS, FACILITIES, AND PROGRAMS, IN ACCORDANCE WITH THE UNIVERSITY'S MISSION AND DONOR'S RESTRICTIONS.
PART X, LINE 2:THE UNIVERSITY IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). ACCORDINGLY, THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. NO PROVISION FOR INCOME TAXES WAS REQUIRED IN 2020 OR 2019. IN ADDITION, THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAIN TAX POSITIONS, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE UNIVERSITY'S FINANCIAL STATEMENTS, AS MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS OR OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 70,444. WRITE-OFF OF CONTRIBUTION RECEIVABLE 241,548. SCHOLARSHIP ALLOWANCE - TUITION & FEES -83,778,264. SCHOLARSHIP ALLOWANCE - AUXILIARIES -541,362.
PART XII, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 545,349. CHANGE IN VALUE OF PENSION 460,704. EXTRAORDINARY LOSS 1,274,086.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIP ALLOWANCE - TUITION & FEES 83,778,264. SCHOLARSHIP ALLOWANCE - AUXILIARIES 541,362.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3A GENERAL STATEMENT OF NON-DISCRIMINATION IS INCLUDED IN ALL ADVERTISEMENTS, IN NEWSPAPERS OF GENERAL CIRCULATION, OTHER PRINTED MEDIA RELATING TO THE RECRUITMENT OF STUDENTS AND EMPLOYEES, AND ON THE UNIVERSITY'S WEBSITE.
SCHEDULE E, PART I, LINE 6THE UNIVERSITY RECEIVED THE FOLLOWING FEDERAL AND STATE OF NEW JERSEY STUDENT FINANCIAL ASSISTANCE: FEDERAL: FEDERAL DIRECT STUDENT LOAN PROGRAM $34,468,948 FEDERAL PELL GRANT PROGRAM $5,797,233 FEDERAL WORK-STUDY $652,812 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT $446,445 FEDERAL STUDENT SUPPORT SERVICES $40,629 TOTAL FEDERAL STUDENT FINANCIAL ASSISTANCE $41,406,067 STATE OF NEW JERSEY: NJ - TUITION AID GRANT $8,856,880 NJ - GOVERNOR'S URBAN SCHOLARS $2,000 NJ - STARS II $23,750 NJ - EDUCATIONAL OPPORTUNITY FUND $619,929 TOTAL STATE OF NEW JERSEY STUDENT FINANCIAL ASSISTANCE $9,502,559 TOTAL STUDENT FINANCIAL ASSISTANCE $50,908,626

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN00INVESTMENTS$6,352,321
NORTH AMERICA00INVESTMENTS$501,291
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$6,853,612SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$6,853,612TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III ACCOUNTING METHOD:
PART IV, LINE 3:THE ORGANIZATION IS NOT REQUIRED TO FILE FORMS 926, 5471 OR 8865 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP REQUIREMENT(S). IN ADDITION, FORM 8621 IS NOT REQUIRED AS THE ORGANIZATION DOES NOT MEET THE APPLICABLE FILING CRITERIA.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1WILSON-BENNETT TECHNOLOGY INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 PROFESSIONAL DRIVE SUITE 2AddressLine1Txt
CityCABOTCityNm
State AbbreviationARStateAbbreviationCd
ZIP720238675ZIPCd
FieldValueIRS element (for citing)
ActivityCONSULTS ON PHONATHON PROGRAMActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$127,740GrossReceiptsAmt
Retained By Contractor$45,692RetainedByContractorAmt
Net To Organization$82,048NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$127,740TotalGrossReceiptsAmt
Total Retained By Contractors$45,692TotalRetainedByContractorsAmt
Total Net To Organization$82,048TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1RACQUET AND TENNIS PATRON DINNEREvent1Nm
Gross Receipts Event1$63,090GrossReceiptsEvent1Amt
Charitable Contri Event1$43,125CharitableContriEvent1Amt
Gross Revenue Event1$19,965GrossRevenueEvent1Amt
Food And Beverage Event1$21,325FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$3,441OtherDirectExpensesEvent1Amt
Event2READINGS & CAROLS PATRON EVENTEvent2Nm
Gross Receipts Event2$61,775GrossReceiptsEvent2Amt
Charitable Contri Event2$48,015CharitableContriEvent2Amt
Gross Revenue Event2$13,760GrossRevenueEvent2Amt
Food And Beverage Event2$18,324FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$500OtherDirectExpensesEvent2Amt
Other Events Total3OtherEventsTotalCnt
Gross Receipts Other Events$88,033GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$36,945CharitableContriOtherEventsAmt
Gross Revenue Other Events$51,088GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$16,472NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$8,380RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$31,018FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$4,360OthDirectExpnssOtherEventsAmt
Gross Receipts Total$212,898GrossReceiptsTotalAmt
Charitable Contributions Tot$128,085CharitableContributionsTotAmt
Gross Revenue Total Events$84,813GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$16,472NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$8,380RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$70,667FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$8,301OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$103,820DirectExpenseSummaryEventsAmt
Net Income Summary-$19,007NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
BROOKDALE COMMUNITY COLLEGE
765 NEWMAN SPRINGS ROADLINCROFTNJ07738221849485501(C)(3)$15,494RECRUITMENT FOR STEM PROGRAMS
BUCKS COUNTY COMMUNITY COLLEGE
275 SWAMP ROADNEWTOWNPA18940231646982501(C)(3)$10,875RECRUITMENT FOR STEM PROGRAMS
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (7 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
RIDER UNIVERSITY ATHLETIC, MERIT AND NEED-BASED FINANCIAL AID3995$78,051,238
RESTRICTED AID USED FOR SCHOLARSHIP597$4,999,375
N.J. - EDUCATIONAL OPPORTUNITY FUND100$557,560
FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM978$446,445
FEDERAL NSF NOYCE GROW YOUR OWN PIPELINE13$214,302
FEDERAL STUDENT SUPPORT SERVICES PROGRAM24$40,629
FEDERAL AMERICORPS EDUCATION AWARDS2$10,077

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE UNIVERSITY HAS ESTABLISHED POLICIES, PROCEDURES, AND CONTROLS OVER THE AWARDING, DISBURSING, AND MONITORING OF STUDENT FINANCIAL AID OR ASSISTANCE TO INDIVIDUAL STUDENTS IN COMPLIANCE WITH FEDERAL AND STATE OF NEW JERSEY REGULATIONS AND REQUIREMENTS. IN ADDITION, THE UNIVERSITY HAS AN EXTERNAL AUDIT PERFORMED IN ACCORDANCE WITH TITLE 2 U.S. CODE OF FEDERAL REGULATIONS PART 200 (UNIFORM GUIDANCE) AND NEW JERSEY OFFICE OF MANAGEMENT AND BUDGET CIRCULAR 15-08. THE UNIVERSITY HAS PROCEDURES AND CONTROLS IN PLACE OVER THE AWARDING, DISBURSING, AND MONITORING OF SUBAWARDS MADE TO ORGANIZATIONS. THESE INCLUDE REVIEWING THE ANNUAL FINANCIAL STATEMENT AND SINGLE AUDIT REPORTS OF THE ORGANIZATION AND REVIEWING ALL SUPPORTING DOCUMENTATION INCLUDING INVOICES RECEIVED BY THE ORGANIZATION.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
GREGORY G DELL'OMO
PRESIDENT$481,131$0$0$0$51,269$0$24,547$0$63,165$0$620,112$0$0$0
KEVIN A BAGGETT
BASKETBALL COACH$343,108$0$0$0$1,624$0$19,793$0$16,233$0$380,758$0$0$0
JAMES P HARTMAN
VP FINANCE & TREASURER$250,145$0$41,533$0$7,421$0$12,096$0$13,634$0$324,829$0$0$0
DONNAJEAN A FREDEEN
PROVOST/VP ACADEMIC AFFAIRS$257,341$0$26,410$0$0$0$13,293$0$24,734$0$321,778$0$0$0
KARIN KLIM
VP UNIVERSITY ADVANCEMENT$214,522$0$33,300$0$7,200$0$11,174$0$32,350$0$298,546$0$0$0
MARK A SOLOMON
VP LEGAL AFFAIRS & GENERAL COUNSEL$228,815$0$23,562$0$0$0$11,860$0$27,428$0$291,665$0$0$0
GARY M BROSVIC
PROFESSOR PSYCHOLOGY$248,144$0$0$0$0$0$6,760$0$16,252$0$271,156$0$0$0
DREW C AROMANDO
VP ENROLLMENT MANAGEMENT$210,922$0$20,886$0$7,900$0$10,513$0$1,950$0$252,171$0$0$0
MICHAEL F RECA
VP FACILITIES & UNIVERSITY OPERATION$204,461$0$33,000$0$700$0$10,162$0$1,876$0$250,199$0$0$0
CYNTHIA NEWMAN
PROFESSOR MARKETING$213,917$0$0$0$21,761$0$3,606$0$6,685$0$245,969$0$0$0
MARSHALL ONOFRIO
DEAN WESTMINSTER COLLEGE OF THE ARTS$211,747$0$5,000$0$0$0$10,676$0$12,345$0$239,768$0$0$0
DEBORA Z STASOLLA SECRETARY
VP STRATEGIC INITIATIVES & PLANNING$158,534$0$16,848$0$0$0$8,480$0$19,461$0$203,323$0$0$0
PETER E BIHUNIAK
AVP FINANCE & CONTROLLER$165,763$0$0$0$700$0$7,111$0$1,637$0$175,211$0$0$0
JONATHAN H MILLEN
FORMER KEY EMPLOYEE - DEAN$99,204$0$0$0$20,400$0$0$0$18,281$0$137,885$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AHOUSING ALLOWANCE: THE NONTAXABLE BENEFITS AMOUNT OF $29,160 OF PRESIDENT GREGORY G. DELL'OMO INCLUDES THE MARKET VALUE OF THE UNIVERSITY RESIDENCE PROVIDED TO THE PRESIDENT. THE MARKET VALUE OF THE UNIVERSITY RESIDENCE IS APPROXIMATELY 47% OF NONTAXABLE BENEFITS. THE PRESIDENT OF THE UNIVERSITY IS REQUIRED TO ACCEPT LODGING AND LIVE ADJACENT TO THE LAWRENCEVILLE CAMPUS AS A CONDITION OF HIS EMPLOYMENT. SOCIAL CLUB DUES: RIDER UNIVERSITY HAS PAID $14,907 IN SOCIAL CLUB MEMBERSHIP DUES FOR UNIVERSITY BUSINESS PURPOSES ON BEHALF OF PRESIDENT GREGORY G. DELL'OMO, AND $5,842 ON BEHALF OF VP UNIVERSITY ADVANCEMENT, KARIN KLIM. THESE AMOUNTS ARE NONTAXABLE TO THE RECEIPIENTS.
PART I, LINE 4BGREGORY DELL'OMO - $36,386. THE PERFORMANCE BONUS THAT THE PRESIDENT RECEIVES SHALL BE CREDITED TO THE RIDER UNIVERSITY 457(F) DEFERRED COMPENSATION PLAN (THE "457(F) PLAN") AND SHALL VEST AS DESCRIBED IN THE 457(F) PLAN.
PART I, LINE 7THE BELOW EMPLOYEES RECEIVED A PERFORMANCE BASED BONUS (VICE PRESIDENT INCENTIVE COMPENSATION PLAN): JAMES HARTMAN - $26,200 DONNAJEAN FREDEEN - $26,410 MARK SOLOMON - $23,562 DEBORA STASOLLA - $16,848 MICHAEL RECA - $33,000 DREW AROMANDO - $20,886 KARIN KLIM - $33,300 VICE PRESIDENT INCENTIVE COMPENSATION PLAN: UNDER THIS PLAN, EACH VICE PRESIDENT WOULD BE ELIGIBLE FOR CONSIDERATION OF AN ANNUAL PERFORMANCE BONUS, IF APPROVED BY THE HUMAN RESOURCES AND SENIOR COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE AMOUNT OF ANY PERFORMANCE BONUS SHALL BE DETERMINED BY THE COMMITTEE, UPON THE RECOMMENDATION OF THE PRESIDENT, IN ITS SOLE DISCRETION AND SHALL BE BASED UPON PERFORMANCE AGAINST PREDETERMINED OBJECTIVES, DURING THE APPLICABLE FISCAL YEAR. THE PRESIDENT, GREGORY DELL'OMO, RECEIVED A BONUS OF $36,386. THE PRESIDENT SHALL BE ELIGIBLE FOR AN ANNUAL PERFORMANCE BONUS. THE AMOUNT OF ANY PERFORMANCE BONUS SHALL BE DETERMINED BY THE BOARD IN ITS SOLE DISCRETION AND SHALL BE BASED ON THE PRESIDENT'S PERFORMANCE DURING THE APPLICABLE FISCAL YEAR. THE PRESIDENT'S PERFORMANCE SHALL BE EVALUATED BY THE BOARD BASED ON MUTUALLY AGREED UPON GOALS DEVELOPED BY THE PRESIDENT AND THE BOARD. MARSHALL ONOFRIO RECEIVED A $5,000 OUTSTANDING ACHIEVEMENT AWARD BONUS. INDIVIDUAL AWARDS BEGIN AT $500 UP TO A MAXIMUM OF $2,000, NOT TO BASE, DEPENDING ON THE SCOPE AND IMPACT OF THE SPECIFIC CONTRIBUTION THE EMPLOYEE MADE TO FURTHER THE MISSION OF THE UNIVERSITY. BONUS WAS APPROVED BY THE DIVISION HEAD AND HUMAN RESOURCES.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
A2218295116460652M32012-04-04$55,203,833CAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILITIES AND REFUNDING OF PRIOR BONDS000
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
B221829511646066DG22014-04-29$200,975,862ADVANCE REFUND PRIOR POOLED FINANCINGS00Yes (1)
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
C2218295112016-07-26$20,805,115CURRENT REFUND PRIOR PERIOD POOLED FINANCINGS00Yes (1)
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
D221829511646066F542016-12-20$30,676,062TO RENOVATE SPACE WITHIN THE SCIENCE AND TECHNOLOGY BUILDING00Yes (1)

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndCapitalized InterestCapitalizedInterestAmt
A$21,820,000$55,305,595$570,340$10,037,181$44,698,0752015Yes (1)Yes (1)Yes (1)Yes (1)
B$71,451$176,248$176,2480Yes (1)Yes (1)Yes (1)
C$392,095$2,181,777$2,181,777Yes (1)0Yes (1)Yes (1)
D$42,557$1,010,663$8,102$1,000,000000Yes (1)$2,561

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0Yes (1)Yes (1)Yes (1)00.010000.006000.0160000Yes (1)
B00Yes (1)Yes (1)00.596000.000000.5960000Yes (1)
C00Yes (1)Yes (1)00.596000.000000.5960000Yes (1)
D0Yes (1)000.000000.000000.0000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00Yes (1)Yes (1)000Yes (1)Yes (1)
B000Yes (1)000Yes (1)Yes (1)
C0Yes (1)Yes (1)Yes (1)0000Yes (1)
D0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (20 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
BOND A, PART I(F):BONDS REFUNDED BY SERIES 2012A: SERIES 2007C (ISSUED 06/21/07), SERIES 2004A (ISSUED 06/17/04), SERIES 2002A (ISSUED 04/03/02).
BOND A, PART II, LINE 3:AMOUNT LISTED DIFFERS FROM THE ISSUE PRICE LISTED IN PART I(E) DUE TO INVESTMENT EARNINGS ACCRUED.
BOND A, PART III, LINE 7:AS PROVIDED IN TREASURY REGULATION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USED AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE.
BOND A, PART IV, LINE 2(B):THE PORTION OF THE SERIES 2012A BOND PROCEEDS USED FOR CURRENT REFUNDING MET THE 6-MONTH SPENDING EXCEPTION.
BOND A, PART IV, LINE 2(C):THE REBATE REPORT WAS PREPARED BY HAWKINS DELAFIELD & WOOD LLP AND DATED JULY 27, 2015.
BOND B, PART I(F):THE BONDS REFUND THE BORROWER'S HECIF SERIES 2004A (ISSUED 04/14/2014).
BOND B, PART IIREFLECTS ONLY THE AMOUNTS RECEIVED BY RIDER UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS.
BOND B, PART II, LINE 1:AMOUNT SHOWN REPRESENTS THE BONDS RETIRED THAT ARE ALLOCABLE TO THE BORROWER'S PORTION OF DEBT SERVICE RESPONSIBILITY.
BOND B, PART III, LINE 7:ALTHOUGH THE PRIVATE USE PERCENTAGE WITH RESPECT TO THE BORROWER'S PORTION OF THE BONDS EXCEEDS 5%, THE BORROWER'S PORTION OF THE BONDS REPRESENTS LESS THAN 5% OF THE BONDS. ACCORDINGLY, ANY PRIVATE PAYMENTS WITH RESPECT TO THE BORROWER'S PORTION OF THE BONDS SHOULD NOT EXCEED 5% OF THE BONDS.
BOND B, PART IV, LINE 2(C):THE MOST RECENT 5TH YEAR REBATE REPORT WAS PREPARED BY BLX GROUP AND DATED JULY 16, 2018.
BOND C, PART I(F):BONDS CURRENT REFUNDED: HECIF SERIES 2006A (ISSUED 10/26/2006) AND HECIF SERIES 2005A (ISSUED 08/10/2005).
BOND C, PART IIREFLECTS ONLY THE AMOUNTS RECEIVED BY RIDER UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS.
BOND C, PART III, LINES 4 & 5:REFLECTS ONLY THE PRIVATE USE PERCENTAGE APPLICABLE TO THE PORTION OF THE BONDS AND THE HECIF SERIES 2004A BONDS (WHICH WERE REFUNDED BY THE HECIF 2006A BONDS) ALLOCABLE TO THE BORROWER ISSUED AFTER JANUARY 1, 2003. ALL OTHER BONDS ISSUED PRIOR JANUARY 1, 2003, HAVE BEEN EXCLUDED FROM PART III ON THIS SCHEDULE.
BOND C, PART III, LINE 7:ALTHOUGH THE PRIVATE USE PERCENTAGE WITH RESPECT TO THE BORROWER'S PORTION OF THE BONDS THAT REFUND BONDS ISSUED AFTER DECEMBER 31, 2002 EXCEEDS 5%, THE BORROWER'S PORTION OF THE BONDS THAT REFUND BONDS ISSUED AFTER DECEMBER 31, 2002 REPRESENTS LESS THAN 5% OF THE BONDS. ACCORDINGLY, ANY PRIVATE PAYMENTS WITH RESPECT TO SUCH PORTION WOULD NOT EXCEED 5% OF THE BONDS.
BOND C, PART IV, LINES 2(B) & 2(C):BONDS HAVE MET THE 6 MONTH EXCEPTION TO REBATE AND, THEREFORE, NO PAYMENTS TO THE IRS WILL EVER BECOME DUE ON THE BONDS.
BOND D, PART IIREFLECTS ONLY THE AMOUNT RECEIVED BY RIDER UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS.
BOND D, PART II, LINE 1:AMOUNT SHOWN REPRESENTS THE BONDS RETIRED THAT ARE ALLOCABLE TO THE BORROWER'S PORTION OF DEBT SERVICE RESPONSIBILITY.
BOND D, PART III, LINE 7:AS PROVIDED IN TREASURY REGULATION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE.
ENTITY 2: BOND A, PART II, LINE 3:AMOUNT LISTED DIFFERS FROM THE ISSUE PRICE LISTED IN PART I(E) DUE TO INVESTMENT EARNINGS ACCRUED.
ENTITY 2: BOND A, PART III, LINE 7:AS PROVIDED IN TREASURY REGULATION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1NEW JERSEY EDUCATIONAL FACILITIES AUTHORITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN221829511BondIssuerEIN
CUSIP646066Z94CUSIPNum
Bond Issued2017-11-30BondIssuedDt
Issue Price$44,228,160IssuePriceAmt
PurposeCAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILITIESPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$45,907,036TotalProceedsAmt
Capitalized Interest$3,937,671CapitalizedInterestAmt
Issuance Costs From Proceeds$564,023IssuanceCostsFromProceedsAmt
Capital Expenditures$27,069,036CapitalExpendituresAmt
Other Spent Proceeds$42,714OtherSpentProceedsAmt
Unspent$14,293,592UnspentAmt
Refunding Tax Exempt Bonds0RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation Made0FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease ArrangementsYes (1)AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Private Bus Use By Others0.00200PrivateBusUseByOthersPct
Private Bus Concerning UBI0.00100PrivateBusConcerningUBIPct
Total Private Business Use0.00300TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due YetYes (1)RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
Cash Grant$24,000CashGrantAmt
Type Of AssistanceMERIT SCHOLARSHIPTypeOfAssistanceTxt
Assistance PurposeMERIT SCHOLARSHIPAssistancePurposeTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART IIIFormAndLineReferenceDesc
ExplanationSTUDENTS OF TRUSTEES AND OFFICERS RECEIVING FINANCIAL AID FOLLOW THE SAME NEED-BASED ASSESSMENT AS OTHER STUDENTS RECEIVING SCHOLARSHIP AS DESCRIBED ON SCHEUDLE I, PART IV.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution12ContributionCnt
Noncash Contributions Rpt F990$2,364,582NoncashContributionsRptF990Amt
Method Of Determining RevenuesMEAN PRICE-GIFT DATEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescLANDDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$3,800,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesAPPRAISED VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE FIGURE IN THIS COLUMN REPRESENTS THE NUMBER OF DONORS IN THE APPLICABLE CATEGORY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 4, PROGRAM SERVICE ACCOMPLISHMENTS:FISCAL YEAR 2020 ENDED IN THE MIDST OF A GLOBAL PANDEMIC, WITH THE STATE OF NEW JERSEY MANDATING THAT ALL UNIVERSITIES, INCLUDING RIDER UNIVERSITY, CLOSE THEIR RESIDENCE HALLS AND MOVE ALL CLASSES TO REMOTE LEARNING IN ORDER TO PROVIDE A SAFE ENVIRONMENT FOR STUDENTS, FACULTY AND STAFF. DUE TO THE CLOSURE OF THE RESIDENCE HALLS AND ALL ON-CAMPUS OPERATIONS, RIDER REFUNDED STUDENTS A PORTION OF THEIR ROOM AND BOARD CHARGES. THESE REFUNDS RESULTED IN LOST REVENUE TO THE UNIVERSITY, AND WAS THE MAJOR CONTRIBUTOR TO THE LARGE REDUCTION IN REVENUES LESS EXPENSES ON LINE 19 PAGE 1 OF THE 990 RETURN.
FORM 990, PART III, LINE 1, ORGANIZATION'S MISSION:RIDER'S VISION RIDER UNIVERSITY WILL BE A PREMIER, FORWARD-LOOKING UNIVERSITY KNOWN FOR ITS ENGAGED LEARNING PROGRAM THAT, TOGETHER WITH DYNAMIC ACADEMIC PROGRAMS, ENRICHING CO-CURRICULAR EXPERIENCES AND A VIBRANT LIVING AND LEARNING COMMUNITY, CHALLENGES STUDENTS, EXCITES THEIR IMAGINATIONS AND INSTILLS IN THEM EXCELLENCE IN THOUGHT AND ACTION, PREPARING THEM FOR HIGHLY ENGAGED AND FULFILLING PROFESSIONAL AND PERSONAL LIVES. RIDER'S MISSION RIDER UNIVERSITY WELCOMES STUDENTS FROM THROUGHOUT THE REGION, ACROSS THE NATION, AND AROUND THE WORLD WHO SEEK TO BE CHALLENGED AND SUPPORTED AS ACTIVE MEMBERS OF OUR INCLUSIVE AND VIBRANT LIVING AND LEARNING COMMUNITY. COMMITTED TO STUDENT GROWTH, TRANSFORMATION AND LEADERSHIP, WE CONNECT RIGOROUS ACADEMIC, ARTISTIC AND PROFESSIONAL PROGRAMS OF STUDY WITH A RICH ARRAY OF LEARNING EXPERIENCES THAT ENGAGE STUDENTS INSIDE AND OUTSIDE THE CLASSROOM. WE PREPARE GRADUATES TO THRIVE PROFESSIONALLY AND TO BE LIFELONG INDEPENDENT LEARNERS AND RESPONSIBLE CITIZENS WHO EMBRACE DIVERSITY, SUPPORT THE COMMON GOOD AND CONTRIBUTE MEANINGFULLY TO THE CHANGING WORLD IN WHICH THEY LIVE AND WORK. RIDER'S PROMISE OUR STUDENTS, ALUMNI, FACULTY, STAFF AND ADMINISTRATORS LIVE THE RIDER PROMISE BY BEING FOREVER: - PREPARED TO CONTRIBUTE MEANINGFULLY TO THE CHANGING WORLD IN WHICH THEY LIVE AND WORK - RESPECTFUL OF ALL PEOPLE, RIGHTS, FREEDOMS AND INDIVIDUAL DIFFERENCES - OPEN TO A LIFE OF INDEPENDENT LEARNING - MOTIVATED TO BE RESPONSIBLE CITIZENS WHO SUPPORT THE COMMON GOOD - INNOVATIVE, CREATIVE AND RESOURCEFUL - SKILLED AND THRIVING PROFESSIONALS, EDUCATORS, ARTISTS AND PERFORMERS - ENGAGED IN THEIR COMMUNITIES AS LEADERS AND ROLE MODELS THE RIDER PROMISE IS OFFERED AS A REPRESENTATION OF THE MISSION. IT IS INSPIRED BY OUR RECENT 150TH ANNIVERSARY WHICH EMBRACED THE TAGLINE, FULFILLING THE PROMISE. THIS TAGLINE WAS, IN TURN, INSPIRED BY ANDREW J. RIDER HIMSELF AS DISCUSSED IN THE HISTORICAL BOOKS WRITTEN BY DR. WALTER A. BROWER '48, FORMER DEAN OF THE SCHOOL OF EDUCATION. ANDREW J. RIDER DECLARED IN 1883 THAT RIDER'S FUTURE WAS FULL OF PROMISE.
FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:THE PRIVATE UNIVERSITY CURRENTLY SERVES APPROXIMATELY 3,800 UNDERGRADUATE STUDENTS AND 900 GRADUATE STUDENTS IN OVER 100 UNDERGRADUATE MAJORS AND MINORS AND OVER 50 GRADUATE DEGREES AND CERTIFICATE PROGRAMS. THERE ARE OVER 200 FULL-TIME FACULTY, WITH 94% HOLDING A DOCTORATE OR THE HIGHEST DEGREE IN THEIR FIELD. RIDER IS REGIONALLY ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION AND ALSO HOLDS SPECIALIZED ACCREDITATION WITH THESE PRESTIGIOUS EDUCATIONAL ORGANIZATIONS: - AACSB INTERNATIONAL (ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS) - RIDER IS AMONG THE SELECT BUSINESS SCHOOLS TO HAVE ATTAINED THIS DISTINCTION AND THE ONLY SCHOOL IN NEW JERSEY TO HOLD THE SPECIALIZED AACSB ACCREDITATION IN ACCOUNTING. - NCATE AND CAEP - ELEMENTARY AND SECONDARY EDUCATION PROGRAMS AND THEIR APPLICABLE GRADUATE PROGRAMS ON BOTH CAMPUSES ARE ACCREDITED BY THE NATIONAL COUNCIL FOR THE ACCREDITATION OF TEACHER EDUCATION AND THE COUNCIL FOR THE ACCREDITATION OF EDUCATOR PREPARATION. - NASM - THE UNDERGRADUATE AND GRADUATE MUSIC PROGRAMS OF WESTMINSTER CHOIR COLLEGE ARE ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC. - CACREP - RIDER'S GRADUATE COUNSELING SERVICES PROGRAM IN THE SCHOOL OF EDUCATION HOLDS NATIONAL ACCREDITATION FROM THE COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATION PROGRAMS. - NASP - THE SCHOOL PSYCHOLOGY PROGRAM IN THE SCHOOL OF EDUCATION IS ACCREDITED BY THE NATIONAL ACCREDITATION OF SCHOOL PSYCHOLOGISTS. - AMERICAN CHEMICAL SOCIETY - RIDER'S CHEMISTRY PROGRAM IS ACCREDITED BY THE AMERICAN CHEMICAL SOCIETY.
FORM 990, PART VI, SECTION A, LINE 1THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE OFFICERS OF THE BOARD, THE CHAIRS OF ALL STANDING COMMITTEES, THE IMMEDIATE PAST BOARD CHAIR IF STILL A MEMBER OF THE BOARD, AND UP TO TWO (2) AT-LARGE MEMBERS APPOINTED BY THE BOARD CHAIR FOLLOWING CONSIDERATION OF THE RECOMMENDATIONS OF THE GOVERNANCE COMMITTEE AS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. ALL MEMBERS SHALL BE VOTING MEMBERS, EXCEPT FOR THE PRESIDENT, WHO SHALL BE AN EX-OFFICIO MEMBER WITHOUT VOTE. THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT FOR THE BOARD BETWEEN REGULAR BOARD MEETINGS ON ALL MATTERS EXCEPT FOR THE FOLLOWING WHICH SHALL BE RESERVED FOR THE BOARD: (I) PRESIDENTIAL SELECTION AND TERMINATION, (II) BOARD MEMBER AND BOARD OFFICER ELECTION OR REMOVAL, (III) CHANGES IN THE MISSION AND PURPOSES OF THE UNIVERSITY, (IV) AMENDMENTS TO THE CERTIFICATE OF INCORPORATION AND BY-LAWS, (V) INCURRENCE OF CORPORATE INDEBTEDNESS, (VI) SALE OR OTHER DISPOSITION OF REAL ESTATE AND OTHER TANGIBLE PROPERTY, (VII) ADOPTION OF THE ANNUAL BUDGET, (VIII) CONFERRAL OF DEGREES, AND (IX) AMENDMENTS TO OR REPEAL OF ANY RESOLUTION PREVIOUSLY ADOPTED BY THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11BTHE IRS FORM 990 HAS BEEN PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH THE ASSISTANCE OF MANAGEMENT. THE AUDIT AND ENTERPRISE RISK MANAGEMENT COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES PERFORMED A REVIEW OF THE FORM 990 AND ALL APPLICABLE SCHEDULES PRIOR TO SUBMISSION AS PART OF AN AUDIT AND ENTERPRISE RISK MANAGEMENT COMMITTEE MEETING. IN ADDITION, THE FORM 990 AND APPLICABLE SCHEDULES WERE POSTED ON THE UNIVERSITY'S INTRANET FOR THE ENTIRE BOARD OF TRUSTEES TO REVIEW PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CTHE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY, AND AN ANNUAL COMPLIANCE REVIEW PROCESS WHICH INCLUDES: - SOLICIT FEEDBACK FROM DIVISION HEADS ON PROPOSED STAFF IN THEIR UNITS WHO SHOULD PARTICIPATE IN THE ANNUAL REPORTING AND REVIEW PROCESS. ANY INDIVIDUAL WHO IS CONSIDERED TO HAVE SIGNIFICANT RESPONSIBILITY FOR INSTITUTIONAL OPERATIONS OR PURCHASING IS INCLUDED. THE POLICY REQUIRES THAT PERSONS INVOLVED IN DECISION MAKING DISCLOSE FINANCIAL OR OTHER INTERESTS - EITHER CURRENT OR PROPOSED - THAT IMPAIR OR MAY APPEAR TO IMPAIR THEIR INDEPENDENT, UNBIASED JUDGMENT. - DISTRIBUTE THE CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE FOR DISCLOSURE OF POTENTIAL CONFLICTS OF INTEREST TO ALL INDIVIDUALS SO IDENTIFIED. IN 2020, 177 INDIVIDUALS (OFFICERS, TRUSTEES, COACHES, AND ADMINISTRATORS) RECEIVED AND COMPLETED THE CONFLICT QUESTIONNAIRE. - REVIEW OF ALL CONFLICT QUESTIONNAIRE RESPONSES BY THE UNIVERSITY BOARD OF TRUSTEES' HUMAN RESOURCES COMMITTEE, WHICH SERVES AS THE CONFLICT COMMITTEE UNDER THE UNIVERSITY'S BYLAWS. THE HUMAN RESOURCES COMMITTEE REPORTS ITS FINDINGS TO THE BOARD OF TRUSTEES, WHICH IS RESPONSIBLE FOR ACTING ON THE COMMITTEE'S FINDINGS - IN PARTICULAR ON ANY CONFLICT THAT MIGHT BE IDENTIFIED. BY POLICY, ANY PROPOSED BUSINESS RELATIONSHIP BETWEEN A TRUSTEE OR THEIR RELATED ENTITY MUST BE EVALUATED AND ACTED ON PRIOR TO ITS POTENTIAL IMPLEMENTATION. NO SUCH RELATIONSHIP CURRENTLY EXISTS. - ANY BOARD MEMBER WITH A CONFLICT WILL RECUSE HIMSELF/HERSELF FROM ANY VOTES REGARDING THE MATTER.
FORM 990, PART VI, SECTION B, LINE 15THE SENIOR COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES ENGAGES AN INDEPENDENT CONSULTING FIRM TO UNDERTAKE A REASONABLENESS REVIEW OF TOP MANAGEMENT COMPENSATION. TOP MANAGEMENT INCLUDES THE INSTITUTION'S PRESIDENT AND VICE PRESIDENTS. THE REASONABLENESS REVIEW INCLUDES CONSIDERATION OF COMPARABILITY DATA PREPARED BY THE CONSULTANTS WHICH IS PROVIDED TO ALL COMMITTEE MEMBERS AND TO ALL MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. THE BENCHMARK DATA CONSIDERED INCLUDES BOTH SALARY AND TOTAL COMPENSATION INFORMATION. CONTEMPORANEOUS MINUTES ARE MAINTAINED FOR BOTH THE SENIOR COMPENSATION COMMITTEE OF THE BOARD AND FOR THE FULL BOARD OF TRUSTEES MEETINGS. THIS PROCESS WAS LAST UNDERTAKEN IN OCTOBER 2018. THE UNIVERSITY CONSISTENTLY UTILIZES HIGHER EDUCATION BENCHMARKING DATA TO ASSESS THE REASONABLENESS OF KEY EMPLOYEES' COMPENSATION. FACULTY COMPENSATION IS GOVERNED BY A COLLECTIVE BARGAINING AGREEMENT.
FORM 990, PART VI, SECTION C, LINE 19THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
FORM 990, PART XI, LINE 9:CHANGE IN VALUE OF PENSION -460,704. CHANGE IN VALUE OF PERPETUAL TRUST -545,349. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 70,444. WRITE-OFF OF CONTRIBUTION RECEIVABLE 241,548. EXTRAORDINARY LOSS -1,274,086.