2021-06-22T10:03:20-05:00 2020-08-31 221478099 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2019-09-01 111630741 ADELPHI UNIVERSITY ADEL 5168773184 1 SOUTH AVENUE LEVERMORE HALL 201 GARDEN CITY NY 11530 JAMES J PERRINO EXEC VP-FINANCE/ADMIN 2125429609 2021-06-21 1 LORI ROTHE YOKOBOSKY CPA P01273422 2122970400 2021-06-14 2019 2022-09-23 18:48:47Z CHRISTINE M RIORDAN 1 SOUTH AVENUE GARDEN CITY NY 115300701 505907301 0 X WWW.ADELPHI.EDU X 1896 NY ADELPHI UNIVERSITY IS DEDICATED TO TRANSFORMING STUDENTS' LIVES THROUGH SMALL CLASSES, HANDS-ON LEARNING AND INNOVATIVE PROGRAMS SUPPORTING ACADEMIC AND CAREER SUCCESS. 23 22 5310 80 -65371 0 11899513 19327398 295560572 291556237 12238817 20765957 389427 189287 320088329 331838879 78868132 82650603 0 0 159499187 166536998 315226 46710 1900440 65782565 65277791 304465110 314512102 15623219 17326777 525520690 548362844 198252023 205645234 327268667 342717610 X SEE SCHEDULE O 0 0 275461628 82650603 280092223 INSTRUCTION AND RELATED ACADEMIC SUPPORT, STUDENT SERVICES AND PUBLIC SUPPORT BENEFITING THE COMMUNITY - THE UNIVERSITY PROVIDES A PERSONALIZED EDUCATION FOR ALL ITS UNDERGRADUATE AND GRADUATE STUDENTS. THE AVERAGE ANNUALIZED ENROLLMENTS FOR FISCAL 2019-2020 WAS 6,734 FULL- TIME STUDENTS, COMPRISED OF 4,952 UNDERGRADUATE AND 1,782 GRADUATE/ POST BACCALAUREATE FULL-TIME EQUIVALENT STUDENTS. STUDENTS COME FROM DIVERSE BACKGROUNDS AND ARE NOT ONLY FROM THE NEW YORK AREA, BUT FROM ACROSS THE COUNTRY AND AROUND THE WORLD. ADELPHI'S COLLEGES AND SCHOOLS INCLUDE THE COLLEGE OF ARTS AND SCIENCES, THE GORDON F DERNER SCHOOL OF PSYCHOLOGY, THE HONORS COLLEGE, AND THE COLLEGE OF EDUCATION AND HEALTH SCIENCES, THE ROBERT B WILLUMSTAD SCHOOL OF BUSINESS, THE COLLEGE OF NURSING AND PUBLIC HEALTH, THE SCHOOL OF SOCIAL WORK, AND THE COLLEGE OF PROFESSIONAL AND CONTINUING STUDIES. STUDENTS HAVE ACCESSIBILITY TO STUDENT COUNSELING, CAREER COUNSELING, FINANCIAL AID, AND MENTORING AND OTHER SERVICES AND PROGRAMS OFFERED BY THE UNIVERSITY. ADELPHI HAS EXTENSIVE COMMUNITY HEALTH AND HUMAN SERVICES OUTREACH PROGRAMS, INCLUDING THE HY WEINBERG CENTER FOR COMMUNICATION DISORDERS, THE CENTER FOR PSYCHOLOGICAL SERVICES, AND THE ADELPHI NEW YORK STATEWIDE BREAST CANCER HOTLINE AND SUPPORT PROGRAM, AMONG OTHER COMMUNITY SERVICE PROGRAMS. THESE PROGRAMS ARE OFFERED TO STUDENTS, FACULTY AND STAFF AS WELL AS TO MEMBERS OF THE SURROUNDING COMMUNITY. 11464014 RESIDENTIAL HOUSING AND AUXILIARY ENTERPRISES - THE UNIVERSITY OFFERS STUDENT HOUSING IN SEVEN RESIDENCE HALLS ON ITS MAIN CAMPUS IN GARDEN CITY, NEW YORK. THERE ARE NUMEROUS SPECIAL LIVING OPTIONS WITHIN THESE HALLS, INCLUDING THOSE FOR STUDENTS WHO IDENTIFY AS TRANSGENDER OR WHO DON'T WISH TO BE IDENTIFIED BY GENDER; FIRST-YEAR STUDENTS SELECTED FOR LIVING-LEARNING COMMUNITIES; AND STUDENTS IN THE HONORS COLLEGE. ACCESSIBLE HOUSING IS AVAILABLE FOR STUDENTS WITH DISABILITIES. IN FALL 2020 APPROXIMATELY 1,130 STUDENTS LIVED IN UNIVERSITY RESIDENCE HALLS. 275461628 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 489 0 1 5310 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LISA FLEMING 5168773184 1 SOUTH AVENUE GARDEN CITY NY 115300701 LEONARD ACHAN TRUSTEE 3.00 X 0 0 0 ARUN AGRAWAL TRUSTEE UNTIL 12/19 3.00 X 0 0 0 CHARLES FUSCHILLO TRUSTEE 3.00 X 0 0 0 MICHAEL BALBONI TRUSTEE 3.00 X 0 0 0 LORETTA CANGIALOSI TRUSTEE 3.00 X 0 0 0 WILLIAM FUESSLER TRUSTEE 3.00 X 0 0 0 ANGELA JAGGAR TRUSTEE 3.00 X 0 0 0 KANISHKA KELSHIKAR TRUSTEE UNTIL 6/20 3.00 X 0 0 0 LAURENCE KESSLER TRUSTEE 3.00 X 0 0 0 RONALD B LEE TRUSTEE, CHAIRMAN 6.00 X 0 0 0 LINDSEY LEVINE TRUSTEE UNTIL 6/20 3.00 X 0 0 0 KATHERINE MALONE TRUSTEE UNTIL 6/20 3.00 X 0 0 0 DENNIS MCDONAGH TRUSTEE 3.00 X 0 0 0 SUSAN MURPHY TRUSTEE 3.00 X 0 0 0 CARMEN ORTIZ TRUSTEE 3.00 X 0 0 0 HUMERA QAZI TRUSTEE 3.00 X 0 0 0 PAUL SALERNO TRUSTEE 3.00 X 0 0 0 LOIS SCHLISSEL TRUSTEE 3.00 X 0 0 0 MARC S STRACHAN TRUSTEE 3.00 X 0 0 0 HELENE SULLIVAN TRUSTEE UNTIL 6/20 3.00 X 0 0 0 WILLIAM TENET TRUSTEE UNTIL 6/20 3.00 X 0 0 0 MICHAEL TIEDEMANN TRUSTEE 3.00 X 0 0 0 CHARLES TOLBERT TRUSTEE UNTIL 6/20 3.00 X 0 0 0 DR CHRISTINE RIORDAN PRESIDENT 65.00 X X 905363 0 81767 DOTTIE HERMAN TRUSTEE 3.00 X 0 0 0 TOMISLAV KOSTADINOV TRUSTEE 3.00 X 0 0 0 EMILY LADAU TRUSTEE 3.00 X 0 0 0 SYLVIA MOSS TRUSTEE 3.00 X 0 0 0 IVAYLO NINOV TRUSTEE UNTIL 1/20 3.00 X 0 0 0 HILDA PEREZ TRUSTEE 3.00 X 0 0 0 JOSEPH WESTPHAL TRUSTEE 3.00 X 0 0 0 JAMES PERRRINO EXEC VP OF FINANCE & ADMINISTRATION 50.00 X 418838 0 56596 STEVEN EVERETT PROVOST AND EXECUTIVE VP 50.00 X 420564 0 41947 BRADY CROOK VP FOR UNIVERSITY ADVANCEMENT-UNTIL 10/19 50.00 X 249520 0 53490 KRISTEN CAPEZZA VP FOR ENROLLMENT MANAGEMENT 50.00 X 238368 0 32698 JACQUELINE LAMON VP FOR DIVERSITY, EQUITY & INCLUSION AS OF 12/19 50.00 X 148072 0 27976 RONALD S BAKARI VP FOR STUDENT AFFAIRS AS OF 12/19 50.00 X 15962 0 0 ROBERT DECARLO CFO THRU 2319 CONTROLLER & AVP FIN EFF 2/4/19 50.00 X 261110 0 45431 ELAINE SMITH DEAN, NURSING AND PUBLIC HEALTH 50.00 X 300604 0 41421 AUDREY WEIL DEPUTY PROVOST UNTIL 6/20 50.00 X 194432 0 60171 ANNE M MUNGAI DEAN, SCHOOL OF EDUCATION UNTIL 2/20 50.00 X 182873 0 16126 HYUNAH GRAFER CHIEF OF STAFF & AVP OF EXTERNAL RELATI 50.00 X 216654 0 30655 RAJIB N SANYAL DEAN, SCHOOL OF BUSINESS 50.00 X 330941 0 60296 SAM GROGG ASSISTANT TO PROVOST UNTIL 6/20 50.00 X 251282 0 68414 RICHARD GARNER DEAN, HONORS COLLEGE EMERITUS 50.00 X 248482 0 40723 JACQUES BARBER DEAN, SCHOOL OF PSYCHOLOGY 50.00 X 229418 0 64475 CAROL ANN BOYLE CHIEF INFORMATION OFFICER 50.00 X 230502 0 23285 PERRY GREENE FORMER VP OF DIVERSITY, EQUITY & INCLUSION 40.00 X 208551 0 55941 GAYLE INSLER FORMER PROVOST AND EVP 40.00 X 224177 0 28703 ANDREW SAFYER FORMER DEAN 40.00 X 148793 0 15586 SUSAN BRIZIARELLI FORMER DEAN 40.00 X 170221 0 19575 JOANNA TEMPLETON FORMER AVP FOR BRAND STRATEGY AND UCOMM 40.00 X 161064 0 46766 ANTHONY LIBERTELLA FORMER DEAN 40.00 X 199653 0 56707 5955444 0 968749 316 1 1 0 WHITING TURNER 707 WESTCHESTER AVENUE WHITE PLAINS NY 10604 CONSTRUCTION MANAGEMENT 8368986 CHARTWELLS DINING SERVICES 2400 YORKMONT ROAD CHARLOTTE NC 28217 FOOD SERVICE 6775787 SHORELIGHT EDUCATION LLC 2 SEAPORT LANE STE 500 BOSTON MA 02210 AUI STUDENTS RECRUITMENT/TEACHING 1759423 EAB 2445 M STREET NW WASHINGTON DC 20037 MARKETING CONSULTING 1633316 CUTLASS INDUSTRIAL 193 HORTON AVE LYNBROOK NY 11563 CONTRACTOR 1119444 36 51844 11806466 7469088 420063 19327398 TUITION AND FEES 611600 277806592 277806592 STUDENT SUPPORT 721000 11464014 11464014 SALES & SERVICES- EDUCATIONAL DEP 611710 2285631 2285631 291556237 4301941 -79753 4381694 26386 26386 148605 28665 119940 119940 119940 190434066 173970050 16464016 16464016 16464016 98286 51844 69707 28579 28579 FACILITY FEES 713940 9957 9957 SPONSORSHIP FEE 541800 4425 4425 14382 331838879 291556237 -65371 21020615 82472088 82472088 178515 178515 3999255 827410 3137220 34625 121128893 106904592 13309703 914598 8063547 7124886 877960 60701 24283168 19381961 4710750 190457 9062135 7896269 1097326 68540 816236 55577 760659 436213 436213 99652 99652 46710 46710 756625 756625 4706481 3113147 1421354 171980 2558738 356218 2202520 8464117 7398522 862957 202638 3100845 2049478 951650 99717 11776035 11020040 718195 37800 1005316 898038 102633 4645 1368958 1101518 258906 8534 4559875 4192283 367592 7627479 6983932 611370 32177 1571106 1485961 80888 4257 ASSISTANTSHIPS/REMISSIO 6974054 6919825 54229 PROVISION-DOUBTFUL ACCO 3489412 3489412 INCOME SHARING 2639262 2639262 CREDIT CARD FEES 601242 29348 555617 16277 2726145 2432758 286603 6784 314512102 275461628 37150034 1900440 1750 1750 46536426 27584213 4993635 5567696 2316880 4593623 6568040 7010507 444863235 165568768 247650871 279294467 175966533 184636399 23572226 27737867 6594071 6012179 11320258 5924143 525520690 548362844 21007981 30624579 6468475 5859242 48554507 40419249 122221060 117881094 0 10861070 198252023 205645234 X 263207349 270849066 64061318 71868544 327268667 342717610 525520690 548362844 X 17326777 -1016764 -861070 X 0 1 X 1 1 1 X 8095461 10466714 8678640 11899513 19327398 58467726 8095461 10466714 8678640 11899513 19327398 58467726 4229633 54238093 4196535 4300065 5727567 6355541 4528020 25107728 50803 41777 28253 -146523 -65371 -91061 378515 303178 192635 110120 28579 1013027 84497420 1354526534 0.64190 0.62330 X SCHEDULE A, PART II LINE 10 OTHER INCOME INCLUDES NET INCOME FROM FUNDRAISING ACTIVITIES AND OTHER REVENUE REPORTED ON FORM 990 PART VIII STATEMENT OF REVENUE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 99652 0 0 99652 0 PART II-B, LINE 1: DURING FISCAL YEAR 2019-2020, ADELPHI UNIVERSITY ENGAGED THE FIRM SHENKER RUSSO AND CLARK, LLP. THE FIRM PROVIDES COUNSELING TO THE UNIVERSITY AND SERVES AS LIAISON TO APPROPRIATE GOVERNMENT AGENCIES AS NECESSARY, REPORTING ON GOVERNMENT PROGRAMS, BUDGET, REGULATORY, AND LEGISLATIVE ISSUES RELEVANT TO THE UNIVERSITY. DURING FISCAL YEAR 2019-2020, THE UNIVERSITY PAID $96,674 TO THE FIRM, SHENKER, RUSSO AND CLARK, LLP. IN ADDITION, THE UNIVERSITY PAID $47,652 TO THE COMMISSION OF INDEPENDENT COLLEGES AND UNIVERSITIES OF WHICH $2,978 IS ATTRIBUTABLE TO LOBBYING. X 0 186036085 5599434 18792481 1405620 6574380 202448000 188578577 2336119 2983363 1306571 6555403 186036085 179762036 1994280 15762138 1195006 7744871 188578577 166191992 2918311 21275110 1211937 9411440 179762036 165664071 516583 9231068 1188266 8031734 166191992 0.70000 0.22000 0.08000 0 0 2158865 2158865 358121865 130033253 228088612 2598915 2343525 255390 39949885 33191990 6757895 42033705 42033705 279294467 ALTERNATIVE INVESTMENT AT NAV 27737867 F 27737867 OTHER NOTE AND SWAP LIABILITY 10861070 10861070 X 247513259 -1016764 98372 -918392 248431651 756625 82650603 83407228 331838879 231203246 98372 98372 231104874 756625 82650603 83407228 314512102 PART III, LINE 1A: THE UNIVERSITY MAINTAINS AN INVENTORY OF WORKS OF ART. THE WORKS OF ART ARE PRIMARILY COMPRISED OF PAINTINGS AND SCULPTURES AND ARE DISPLAYED THROUGHOUT THE CAMPUS. UNDER THE PROVISIONS OF SFAS 116, THE UNIVERSITY IS NOT REQUIRED TO AND DOES NOT REPORT THESE ITEMS IN ITS FINANCIAL STATEMENTS. PART X, LINE 2: THE UNIVERSITY FOLLOWS ASC 740-10 WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS SECTION PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENT ONLY IF THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IF THE POSITION WERE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGE. THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXATION BY VIRTUE OF BEING AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NEVERTHELESS, THE UNIVERSITY MAY BE SUBJECT TO TAX ON INCOME UNRELATED ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS WITHIN ITS CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 28,665. FUNDRAISING EXPENSE 69,707. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 82,650,603. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 28,665. FUNDRAISING EXPENSE 69,707. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 82,650,603. SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT IS AN AGGREGATION OF GIFTS PROVIDED BY DONORS WITH THE REQUIREMENT THEY BE HELD IN PERPETUITY TO GENERATE EARNINGS NOW AND IN FUTURE YEARS TO SUPPORT THE UNIVERSITY'S PROGRAMS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE, AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. EARNINGS FROM ENDOWMENT INVESTMENTS SUPPORT SCHOLARSHIPS, CHAIRS, PROFESSORSHIPS, FELLOWSHIPS, BASIC RESEARCH AS WELL AS ACADEMIC AND PUBLIC SERVICE PROGRAMS. SCHEDULE D, PART V, LINE 1D THE UNIVERSITY HAS ADOPTED A SPENDING POLICY FOR DONOR-RESTRICTED ENDOWMENT FUNDS. GRANTS AND SCHOLARSHIPS REPORTED ON SCHEDULE D, PART V, LINE 1D IN THE AMOUNT OF 1,405,620 REPRESENT AMOUNTS AWARDED TO STUDENTS IN ACCORDANCE WITH DONOR STIPULATIONS AND THE UNIVERSITY'S ENDOWMENT SPENDING POLICY. IN FISCAL YEAR 2019-2020, THE UNIVERSITY AWARDED STUDENTS INSTITUTIONAL FINANCIAL AND TOTALING 82,650,603. INSTITUTIONAL AID OF APPROXIMATELY $80 MILLION WAS FUNDED BY THE UNIVERSITY'S ANNUAL OPERATING BUDGET. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SEE SUPPLEMENTAL PAGE SCHEDULE E, PART 1, LINE 3 THIS POLICY IS PUBLICIZED IN PRINTED MEDIA WITH NEWSPAPER ADVERTISEMENTS AS WELL AS IN THE COURSE REGISTRATION GUIDES. SCHEDULE E, PART 1, LINE 6A THE UNIVERSITY RECEIVES FUNDS FROM VARIOUS FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES FOR STUDENT FINANCIAL ASSISTANCE, HEALTH AND HUMAN SERVICES AND RESEARCH AND DEVELOPMENT GRANTS. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDENT STUDIES ABROAD 121620 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDENT STUDIES ABROAD 5085 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES TRAVEL/ STUDIES ABROAD 9885 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES TRAVEL/ STUDIES ABROAD 38113 SOUTH AMERICA 0 0 PROGRAM SERVICES TRAVEL/ STUDIES ABROAD 2702 NORTH AMERICA 0 0 PROGRAM SERVICES TRAVEL/ STUDIES ABROAD 3744 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES TRAVEL/ STUDIES ABROAD 1652 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES TRAVEL/ STUDIES ABROAD 7863 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES TRAVEL/ STUDIES ABROAD 777 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES TRAVEL/ STUDIES ABROAD 5649 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 12044000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 24577000 MIDDLE EAST AND NORTH AFRICA 0 0 INVESTMENTS 306000 NORTH AMERICA 0 0 INVESTMENTS 1596000 RUSSIA AND NEIGHBORING STATES 0 0 INVESTMENTS 280000 SOUTH AMERICA 0 0 INVESTMENTS 909000 SOUTH ASIA 0 0 INVESTMENTS 527000 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 189000 0 0 0 0 0 0 190664 40434426 40625090 SCHOLARSHIPS - STUDY ABROAD EUROPE (INCLUDING ICELAND & GREENLAND) 14 147265 CREDIT ACCOUNT SCHOLARSHIPS - STUDY ABROAD EAST ASIA AND THE PACIFIC 2 19950 CREDIT ACCOUNT SCHOLARSHIPS - STUDY ABROAD SOUTH AMERICA 1 11300 CREDIT ACCOUNT 1 0 0 0 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART 1, LINE 3 INVESTMENTS OUTSIDE THE UNITED STATES, LISTED ON SCHEDULE F, PART 1, LINE 3 RELATE TO THE UNIVERSITY'S INVESTMENTS IN FOREIGN AND GLOBAL EQUITIES FUNDS. SCHEDULE F, PART 1, LINE 3 EXPENDITURES LISTED ON SCHEDULE F, PART 1, LINE 3 FOR EMPLOYEE TRAVEL RELATE TO FOREIGN TRAVEL OF THE UNIVERSITY'S PROFESSORS AND ADMINISTRATORS FOR THE PURPOSE OF STUDENT RECRUITMENT, FACULTY TRAVEL AND STUDENT ABROAD STUDY. EXPENDITURES LISTED ON SCHEDULE F, PART 1, LINE 3 FOR STUDENT STUDY ABROAD ARE PAYMENTS TO FOREIGN ORGANIZATIONS THAT HOST THE STUDY ABROAD PROGRAM FOR STUDENTS THAT ARE ENROLLED AT ADELPHI WHO ARE PARTICIPATING IN THE PROGRAM. SCHEDULE F, PART 1, LINE 2 AND PART III SCHOLARSHIPS LISTED ON SCHEDULE F, PART III WERE AWARDED TO STUDENTS, ENROLLED AT ADELPHI UNIVERSITY, WHO ARE PARTICIPATING IN A STUDY ABROAD PROGRAM. SCHOLARSHIPS ARE AWARDED BASED UPON A REVIEW AND DETERMINATION BY THE UNIVERSITY'S OFFICE OF STUDENT FINANCIAL SERVICES AND ARE GRANTED BASED UPON THE STUDENT'S ELIGIBILITY FOR THE AWARDS. SCHOLARSHIPS ARE CREDITED AGAINST TUITION CHARGES ON EACH STUDENT'S ACCOUNT. X X X X X X X 1 BUSINESSMINE DBA PLEDGEMINE 784 OAK CREEK DR LOMBARD IL 60148 MAIL SOLICITATIONS 0 25500 35685 0 RUFFALO NOEL 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 CONSULTING 0 0 11025 0 25500 46710 SC CA CT HI NY PA VA AZ DE ID IN IA MT NE SD TX VT WY GOLF CLASSIC 94585 31950 62635 29275 10030 FALL ATHLETIC COCKTAIL RECEPTION 55545 19894 35651 3774 14868 11760 150130 51844 98286 33049 14868 21790 69707 28579 1 SCHOLARSHIPS TO STUDENTS 4896 82472088 SCHEDULE I, PART I, LINE 2 THE UNIVERSITY AWARDS BOTH INSTITUTIONALLY-FUNDED FINANCIAL AID TO STUDENTS AS WELL AS FINANCIAL AID FUNDED FROM PRIVATE GIFTS AND VARIOUS FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES. SCHOLARSHIPS ARE AWARDED ON AN EQUAL, OBJECTIVE AND NONDISCRIMINATORY BASIS USING ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. THE UNIVERSITY MAINTAINS SEPARATE ACCOUNTING FOR ALL GRANTS AND STRICTLY MONITORS THAT ANY DISBURSEMENTS ARE MADE ONLY FOR THE INTENDED PURPOSE OF THE GRANT AND IN ACCORDANCE WITH THE GRANT REQUIREMENTS. AN AUDIT OF THE UNIVERSITY'S FEDERALLY FUNDED PROGRAMS IS CONDUCTED ANNUALLY BY THE UNIVERSITY'S EXTERNAL AUDITORS, AS REQUIRED BY TITLE 2 U.S. CODE OF FEDERAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS AND GOVERNMENT AUDITING STANDARDS AND RELATED INFORMATION. X X X X X 1 1 X X X X X 0 1 0 0 0 0 0 1 1 1 DR CHRISTINE RIORDAN PRESIDENT 673058 0 165000 0 67305 0 80300 0 1467 0 987130 0 0 0 JAMES PERRRINO EXEC VP OF FINANCE & ADMINISTRATION 409564 0 5000 0 4274 0 21624 0 34972 0 475434 0 0 0 STEVEN EVERETT PROVOST AND EXECUTIVE VP 399010 0 5000 0 16554 0 27626 0 14321 0 462511 0 0 0 BRADY CROOK VP FOR UNIVERSITY ADVANCEMENT-UNTIL 132548 0 0 0 116972 0 21999 0 31491 0 303010 0 0 0 KRISTEN CAPEZZA VP FOR ENROLLMENT MANAGEMENT 217444 0 5000 0 15924 0 31698 0 1000 0 271066 0 0 0 JACQUELINE LAMON VP FOR DIVERSITY, EQUITY & INCLUSION 147672 0 0 0 400 0 13104 0 14872 0 176048 0 0 0 ROBERT DECARLO CFO THRU 2319 CONTROLLER & AVP FIN EFF 2/4/19 240632 0 20000 0 478 0 28489 0 16942 0 306541 0 0 0 ELAINE SMITH DEAN, NURSING AND PUBLIC HEALTH 285538 0 15000 0 66 0 26600 0 14821 0 342025 0 0 0 AUDREY WEIL DEPUTY PROVOST UNTIL 6/20 193866 0 0 0 566 0 23775 0 36396 0 254603 0 0 0 ANNE M MUNGAI DEAN, SCHOOL OF EDUCATION UNTIL 2/20 169317 0 0 0 13556 0 16126 0 0 0 198999 0 0 0 HYUNAH GRAFER CHIEF OF STAFF & AVP OF EXTERNAL REL 211386 0 5000 0 268 0 30155 0 500 0 247309 0 0 0 RAJIB N SANYAL DEAN, SCHOOL OF BUSINESS 330415 0 0 0 526 0 26600 0 33696 0 391237 0 0 0 SAM GROGG ASSISTANT TO PROVOST UNTIL 6/20 234966 0 0 0 16316 0 24023 0 44391 0 319696 0 0 0 RICHARD GARNER DEAN, HONORS COLLEGE EMERITUS 167369 0 0 0 81113 0 26959 0 13764 0 289205 0 0 0 JACQUES BARBER DEAN, SCHOOL OF PSYCHOLOGY 229352 0 0 0 66 0 27879 0 36596 0 293893 0 0 0 CAROL ANN BOYLE CHIEF INFORMATION OFFICER 230087 0 0 0 415 0 22018 0 1267 0 253787 0 0 0 PERRY GREENE FORMER VP OF DIVERSITY, EQUITY & INC 148835 0 0 0 59716 0 20900 0 35041 0 264492 0 0 0 GAYLE INSLER FORMER PROVOST AND EVP 224112 0 0 0 65 0 26003 0 2700 0 252880 0 0 0 ANDREW SAFYER FORMER DEAN 122116 0 0 0 26677 0 14236 0 1350 0 164379 0 0 0 SUSAN BRIZIARELLI FORMER DEAN 169787 0 0 0 434 0 19575 0 0 0 189796 0 0 0 JOANNA TEMPLETON FORMER AVP FOR BRAND STRATEGY AND UC 160998 0 0 0 66 0 11803 0 34963 0 207830 0 0 0 ANTHONY LIBERTELLA FORMER DEAN 199188 0 0 0 465 0 23011 0 33696 0 256360 0 0 0 PART I, LINE 1A AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY, THE PRESIDENT IS REQUIRED TO LIVE IN A UNIVERSITY RESIDENCE. IN ADDITION, HOUSEKEEPING SERVICES ARE REQUIRED FOR THE RESIDENCE. ANY PERSONAL USAGE IS TREATED AS TAXABLE INCOME. AMOUNTS ARE INCLUDED ON THE 990, PART VII AND SCHEDULE J, PART II. THE PRESIDENT IS REQUIRED TO TRAVEL TO ATTEND MEETINGS AND EVENTS RELEVANT TO THE UNIVERSITY'S MISSION. THE UNIVERSITY PAYS RELATED EXPENSES FOR THE TRAVEL AND ATTENDANCE OF THE PRESIDENT'S SPOUSE FOR THOSE EVENTS REQUIRING THE SPOUSE'S PRESENCE AS A BUSINESS PURPOSE. AS THE PRESIDENT'S CONTRACT PROVIDES: FIRST CLASS AIR TRAVEL MAY BE PROVIDED BY THE UNIVERSITY FOR ONLY THOSE FLIGHTS IN EXCESS OF THREE HOURS. DURING 2019-2020, THE UNIVERSITY PAID $75 FOR AN ANNUAL MEMBERSHIP FOR THE USE OF A SOCIAL CLUB. THE CLUB IS USED AS A MEETING PLACE FOR ALUMNI GATHERINGS AND FOR OTHER UNIVERSITY-RELATED BUSINESS. PART I, LINE 4B THE PRESIDENT PARTICIPATED IN A NONQUALIFIED DEFERRED COMPENSATION PLAN WHICH WAS EFFECTIVE AS OF JULY 1, 2015. $37,500 IS INCLUDED UNDER THIS PLAN FOR THE CURRENT YEAR AS DEFERRED COMPENSATION IN SCH J, PART II, COLUMN (C). IN ADDITION, CERTAIN INDIVIDUALS PARTICIPATED IN NONQUALIFIED DEFERRED COMPENSATION PLANS WITH EFFECTIVE DATES AS NOTED BELOW. THE AMOUNTS INDICATED BELOW ARE INCLUDED FOR THE CURRENT YEAR AS DEFERRED COMPENSATION IN SCH J, PART II, COLUMN (C): HYUNAH GRAFER (EFFECTIVE DATE 9/1/18): $10,000 KRISTEN CAPEZZA (EFFECTIVE DATE 9/1/17): $10,000 JAMES PERRINO (EFFECTIVE 9/1/18, REVISED 9/1/19): $16,667 STEVEN EVERETT (EFFECTIVE 9/1/19): $3,333 PART I, LINE 7 BONUSES WERE PAID IN 2019 TO CERTAIN INDIVIDUALS WHO MET PERFORMANCE GOALS AND METRICS DURING THE YEAR AND THE AMOUNTS HAVE BEEN INCLUDED IN PART II COLUMN B (II) AS TAXABLE INCOME. PART I, LINE 8 THE WRITTEN EMPLOYMENT AGREEMENT WITH THE PRESIDENT MEETS THE INITIAL CONTRACT EXCEPTION AS THE PRESIDENT WAS NOT A DISQUALIFIED PERSON PRIOR TO ENTERING INTO THE WRITTEN EMPLOYMENT AGREEMENT WITH ADELPHI UNIVERSITY. IN ADDITION, THE PROCESS FOR DETERMINING THE PRESIDENT'S COMPENSATION MEETS THE THREE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS: (1) REVIEW AND APPROVAL IN ADVANCE BY AN INDEPENDENT AUTHORIZED BODY OF THE ORGANIZATION; (2) RELIANCE ON COMPARABILITY DATA PRIOR TO MAKING THE DETERMINATION; AND (3) CONTEMPORANEOUS SUBSTANTIATION OF THE BASIS FOR ITS DETERMINATION CONCURRENTLY WITH MAKING THAT DETERMINATION. PART II COLUMN B(I) COMPENSATION TO CERTAIN DEANS AND UNIVERSITY PROFESSORS FOR ADDITIONAL RESPONSIBILITIES AND FOR COURSES TAUGHT BEYOND THE REQUIRED FULL TIME FACULTY COURSE LOAD ARE INCLUDED IN COLUMN B(I). PART II COLUMN B(III) OTHER REASONABLE COMPENSATION LISTED IN COLUMN B (III) INCLUDES TAXABLE TUITION REMISSION, MOVING EXPENSES, HOUSING, DISABILITY PAYMENTS AND OTHER TAXABLE COMPENSATION. PART II- FORMER DEANS FORMER DEANS WERE LISTED ON PREVIOUS FORMS 990 WITH COMPENSATION REPORTABLE FOR THEIR ROLES AS SUCH AND ARE NOT CURRENTLY EITHER OFFICERS OR KEY EMPLOYEES. THEY ARE LISTED ON THE 2019-2020 FORM 990, PART VII AND SCHEDULE J, PART II DUE TO THEIR FORMER POSITIONS AND BECAUSE EACH WERE PAID DURING CALENDAR YEAR 2019 FOR THEIR EMPLOYMENT IN OTHER ADMINISTRATIVE AND TEACHING POSITIONS AT THE UNIVERSITY. A TOWN OF HEMPSTEAD INDUSTRIAL DEVELOPMENT AGENCY 112798949 424682CF7 2011-06-15 25318662 CONSTRUCT DORMITORY/ ADV REFUNDING 0 0 0 B TOWN OF HEMPSTEAD LOCAL DEVELOPMENT CORPORATION 112798949 424682EY4 2013-11-14 46003624 CONSTRUCT NEXUS & WELCOME CTR 0 0 0 C TOWN OF HEMPSTEAD LOCAL DEVELOPMENT CORPORATION 112798949 434682FT4 2014-09-30 36419001 ADV. REFUNDING - 2005 SERIES BONDS 0 0 0 D TOWN OF HEMPSTEAD LOCAL DEVELOPMENT CORPORATION 112798949 424682KL5 2019-05-09 28288702 REFUND 2009 SERIES/ RENOVATION 0 0 0 A 25318662 406940 10182015 14729707 2011 0 1 1 1 B 46093784 545152 45548632 2016 0 0 1 1 C 36419001 635842 35783159 2014 0 1 1 1 D 28303702 462597 7015000 20826104 2020 1 0 0 1 A 0 0 0 0 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K, PART II, LINE 3, COLUMNS A, B AND D TOTAL PROCEEDS OF THE BOND ISSUE FOR THE BONDS LISTED IN PART II, LINE 3, COLUMNS B AND D DIFFER FROM THE ISSUE PRICES LISTED IN PART I, LINES B AND D, COLUMN E AS A RESULT OF INVESTMENT EARNINGS ON THE BOND PROCEEDS. SCHEDULE K, PART III, LINE 9 AND PART V THE UNIVERSITY COMPLIES WITH THE REGULATIONS OF INTERNAL REVENUE CODE SECTIONS 1.141-12, 1.145-2 AND 148 AS WELL AS THE REQUIREMENTS WHICH ARE DOCUMENTED IN THE TAX COMPLIANCE AGREEMENT OF THE BOND DOCUMENTS FOR EACH BOND ISSUE. ON AN ON-GOING BASIS, MANAGEMENT MONITORS ANY PRIVATE BUSINESS ACTIVITY WHICH MAY BE CONDUCTED IN FACILITIES THAT HAVE BEEN CONSTRUCTED USING TAX EXEMPT BOND FINANCING. IN ADDITION, AN OUTSIDE CONSULTING FIRM DETERMINES ANY ARBITRAGE REBATE AND YIELD REDUCTION LIABILITIES UNDER THE LAWS CONTAINED IN SECTION 148 OF THE INTERNAL REVENUE CODE FOR EACH OF THE UNIVERSITY'S TAX EXEMPT BOND ISSUES. SCHEDULE K, PART IV, LINE 2C ARBITRAGE - REBATE COMPUTATION FOR EACH OUTSTANDING BOND ISSUE. THE UNIVERSITY'S OUTSIDE CONSULTING FIRM HAS DETERMINED THAT THERE WERE NO ARBITRAGE REBATE LIABILITIES FOR EACH OUTSTANDING BOND ISSUE. THE DATES THAT THE REBATE COMPUTATIONS WERE PERFORMED FOR EACH BOND ISSUE ARE AS FOLLOWS: TOWN OF HEMPSTEAD LDC, SERIES 2011 - JUNE 18, 2012; TOWN OF HEMPSTEAD LDC, SERIES 2013 - FEBRUARY 6, 2018; TOWN OF HEMSPTEAD LDC, SERIES 2014 - OCTOBER 28, 2015; AND TOWN OF HEMPSTEAD LDC, SERIES 2019 - MARCH 6, 2020. X 11 119766 MARKET QUOTATION X PLEDGES AND BEQUESTS 7 300297 DISCOUNTED VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 AND ALL SCHEDULES AND FORM 990-T ARE PREPARED ANNUALLY BY MANAGEMENT, REVIEWED BY AN EXTERNAL AUDITING FIRM, REVIEWED BY THE BOARD OF TRUSTEES AUDIT COMMITTEE AND PROVIDED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING THE FORMS WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY HAS A CONFLICT OF INTEREST POLICY. ALL TRUSTEES, OFFICERS AND EMPLOYEES OF THE UNIVERSITY MUST SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. THE CHAIRMAN OF THE UNIVERSITY'S AUDIT COMMITTEE AND THE CHAIRMAN OF THE TRUSTEE AFFAIRS COMMITTEE, REPORT TO THE UNIVERSITY'S GOVERNING BOARD ANNUALLY REGARDING POTENTIAL CONFLICTS OF INTEREST. ANY POTENTIAL TRANSACTIONS OR RELATIONSHIPS ARE REVIEWED AND DOCUMENTED ON THE 990 AND SCHEDULE L. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT COMPENSATION CONSULTANT HAS BEEN HIRED BY THE UNIVERSITY TO REVIEW THE COMPENSATION OF THE UNIVERSITY'S OFFICERS. THE CONSULTING FIRM REVIEWS COMPENSATION OF THE UNIVERSITY'S OFFICERS IN COMPARISON TO THOSE OFFICES OF OTHER COLLEGES AND UNIVERSITIES WITHIN OUR SUPPORTED PEER GROUP OF OTHER UNIVERSITIES. THEIR REPORT IS PRESENTED TO THE EXECUTIVE COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES. IN ADDITION, THE COMPENSATION OF THE UNIVERSITY'S KEY EMPLOYEES IS REVIEWED ANNUALLY. COMPARISONS ARE MADE TO THE SALARIES REPORTED BY THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION AS WELL AS THE COMPENSATION REPORTED IN OTHER UNIVERSITY'S FORM 990. THE EXECUTIVE COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES ACTS AS THE COMPENSATION COMMITTEE. RECOMMENDATIONS ON COMPENSATION ARE APPROVED BY THE FULL BOARD AND ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES TO THOSE MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP OBLIGATION -861,070. FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION ADELPHI UNIVERSITY, NEW YORK IS A HIGHLY AWARDED, NATIONALLY RANKED, POWERFULLY CONNECTED DOCTORAL RESEARCH UNIVERSITY DEDICATED TO TRANSFORMING STUDENT'S LIVES THROUGH SMALL CLASSES WITH WORLD-CLASS FACULTY, HANDS-ON LEARNING AND INNOVATIVE WAYS TO SUPPORT ACADEMIC AND CAREER SUCCESS. ADELPHI OFFERS EXCEPTIONAL LIBERAL ARTS AND SCIENCES PROGRAMS AND PROFESSIONAL TRAINING WITH PARTICULAR STRENGTH IN OUR CORE FOUR- ARTS AND HUMANITIES, STEM AND SOCIAL SCIENCES, THE BUSINESS AND EDUCATION PROFESSIONS, AND HEALTH AND WELLNESS. RECOGNIZED AS A BEST COLLEGE BY U.S. NEWS & WORLD REPORT, ADELPHI IS LONG ISLAND'S OLDEST PRIVATE COEDUCATIONAL UNIVERSITY. IT SERVES MORE THAN 8,100 STUDENTS AT ITS BEAUTIFUL MAIN CAMPUS IN GARDEN CITY, NEW YORK - JUST 23 MILES FROM NEW YORK CITY'S CULTURAL AND INTERNSHIP OPPORTUNITIES - AND AT DYNAMIC LEARNING HUBS IN MANHATTAN, THE HUDSON VALLEY, AND SUFFOLK COUNTY, AS WELL AS ONLINE. MORE THAN 116,000 ADELPHI GRADUATES HAVE GAINED THE SKILLS TO THRIVE PROFESSIONALLY AS ACTIVE, ENGAGED CITIZENS, MAKING THEIR MARK ON THE UNIVERSITY, THEIR COMMUNITIES AND THE WORLD. BLACKCAT ADVERTISING AGENCY LLC C/O ADELPHI UNIVERSITY SOUTH GARDEN CITY NY 11530 412109172 ADVERTISING NY 0 0 ADELPHI