2020-07-13T08:52:29-05:00 2019-06-30 GRANT THORNTON LLP 2001 MARKET STREET SUITE 700 PHILADELPHIA PA 19103 990 2018-07-01 943435466 Stockton Affiliated Services Inc % JENNIFER POTTER CFO STOC 6096263492 101 Vera King Farris Drive Galloway NJ 082059441 JENNIFER POTTER CFO 6096524381 2020-07-10 true Russlee Armstrong P00288383 2155614200 73.233.84.6 23695320201955000000 2020-07-13 P 608A44FBD3B3FC5DA597FC74B11BC79851E8289E 560A5221E85C69B18852755D46CE5F4776D286E5 2018 2020-09-22 18:59:49Z Jennifer Potter CFO 101 Vera King Farris Drive Galloway NJ 082059441 14843402 false X www.stockton.edu/sasi X 2008 NJ TO INCREASE, EXPAND AND IMPROVE SERVICE LEVELS AT STOCKTON UNIVERSITY. 12 7 41 7 30272 367974 339752 13724647 14427427 29006 25997 35470 50226 14157097 14843402 1538947 2165580 0 0 637246 625761 0 0 0 10930063 13306820 13106256 16098161 1050841 -1254759 5526231 4043114 2953546 2725188 2572685 1317926 X STOCKTON AFFILIATED SERVICES, INC. IS A SELF-SUPPORTING ENTERPRISE ESTABLISHED TO INCREASE, EXPAND AND IMPROVE SERVICE LEVELS AT STOCKTON UNIVERSITY. STOCKTON AFFILIATED SERVICES, INC. PROVIDES EFFECTIVE, EFFICIENT AND INNOVATIVE BUSINESS SOLUTIONS THAT ASSIST THE UNIVERSITY ACHIEVE ITS TEACHING, RESEARCH, SCHOLARSHIP, AND PUBLIC SERVICE MISSIONS WHILE IMPROVING OPERATING RESULTS AND THE FINANCIAL POSITION OF THE UNIVERSITY. false false 10853754 11127869 STOCKTON AFFILIATED SERVICES, INC. PROVIDES FOOD SERVICES IN SUPPORT OF THE UNIVERSITY'S MISSION. FOOD SERVICES ARE PROVIDED TO APPROXIMATELY 9,900 STUDENTS, 3,700 EMPLOYEES, AS WELL AS VISITORS TO THE CAMPUS. STOCKTON AFFILIATED SERVICES, INC. IS PARTNERED WITH CHARTWELLS. CHARTWELLS SERVICES MANY HIGHER EDUCATION INSTITUTIONS AROUND THE WORLD AND IS DEDICATED TO PROVIDING "FUN, HEALTHY DINING OPTIONS", GREAT SERVICE, AND LISTENING CLOSELY TO THE NEEDS AND OPINIONS OF STOCKTON STUDENTS. AT COLLEGES AND UNIVERSITIES, CHARTWELLS PERFORMS WEEKLY ON-LINE SURVEYS, FOOD PREFERENCE SURVEYS, CUSTOMER SATISFACTION SURVEYS, ANNUAL VOLUNTARY ROUND TABLE DISCUSSIONS, AND NATIONWIDE RESEARCH. 2145580 2145580 STOCKTON AFFILIATED SERVICES, INC. PROVIDES GENERAL INSTITUTIONAL SUPPORT FOR THE UNIVERSITY'S MISSION, WHICH CAN BRIEFLY BE CHARACTERIZED AS EDUCATION, RESEARCH AND SERVICE. THE SUPPORT THAT IS PROVIDED IN THIS AREA IS ALMOST ENTIRELY GENERAL REVENUE THAT CAN BE USED FOR ANY ACTIVITY WITHIN THE UNIVERSITY'S MISSION. IN GENERAL, THE INDIVIDUALS SERVICED ARE THE APPROXIMATELY 9,900 STUDENTS OF THE UNIVERSITY. THOUGH MUCH OF THE UNIVERSITY'S MISSION-RELATED ACTIVITY SERVES THE GENERAL PUBLIC AS WELL. 2007452 2545134 STOCKTON AFFILIATED SERVICES, INC. PROVIDES TRANSPORTATION AND SAFETY SUPPORT FOR THE UNIVERSITY'S MISSION. TRANSPORTATION IS PROVIDED FOR THE APPROXIMATELY 9,900 STUDENTS, 3,700 FACULTY AND STAFF OF STOCKTON UNIVERSITY. SERVICES ARE PROVIDED ON CAMPUS FROM THE RESIDENTIAL AREAS TO THE ADMINISTRATIVE AND TEACHING FACILITIES OF THE UNIVERSITY. TRANSPORTATION IS ALSO PROVIDED FOR THE ATHLETIC TEAMS AND COLLEGE EVENTS. BEGINNING IN THE FALL 2018, THE TRANSPORTATION SERVICE AREA EXTENDED TO AND FROM THE UNIVERSITY'S NEW ATLANTIC CITY CAMPUS. 472715 20000 732786 Other Ancillary Services 472715 20000 732786 15479501 true true false false false false false false false false true false false true true true true true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 26 0 true 41 true true true false false false false false false false false false false false X 12 7 false false false false false true false true false false false true true true true true true false false false NJ X X JENNIFER POTTER CFO 6096524381 101 VERA KING FARRIS DRIVE Galloway NJ 08205 X E MICHAEL ANGULO ESQ Chair 1.0 34.0 X X 0 197431 37111 Lawrence A Huff Vice Chair 1.0 0.0 X X 0 0 0 Audrey Latourette ESQ Secretary/Treasurer 1.0 34.0 X X 0 152221 25923 Dr Harvey Kesselman Board Member 1.0 34.0 X 0 430710 187648 Laurence Morier Board Member (END 12/31/2018) 1.0 0.0 X 0 0 0 Michael B Azeez Board Member 1.0 0.0 X 0 0 0 Russell Banks Board Member 1.0 0.0 X 0 0 0 Dr Michael Busler Board Member 1.0 34.0 X 0 140844 13889 Leo B Schoffer ESQ Board Member 1.0 0.0 X 0 0 0 Thomas R Lloyd Board Member 1.0 0.0 X 0 0 0 Georgeanna Tracey Newmones Board Member 1.0 0.0 X 0 0 0 Damian Majewski Board Member (beg 7/18/2018) 1.0 0.0 X 0 0 0 Jennifer Potter President of SASI 1.0 34.0 X X 0 181659 35985 Jane B Stark Exec Dir of Sam Azeez Museum 35.0 0.0 X 107579 0 27558 107579 1102865 328114 1 false true false Compass Group 2400 Yorkmont Rd CHARLOTTE NC 28217 Food Service Mgmt 526297 Stout's Charter Service Inc 20 Irven St TRENTON NJ 08638 Transportation 344948 Eiger Marketing Group LLC 372 Greenwich Ave GREENWICH CT 06830 MARKETING 147680 3 315079 24673 339752 FOOD SERVICE 611710 11127869 11127869 0 0 TRANSPORTATION 611710 2574573 2545134 29439 0 BOOK STORE 611710 306782 306782 0 0 RENTAL PROPERTIES 611710 241138 241138 0 0 VENDOR SERVICE 611710 177065 177065 0 0 14427427 25997 25997 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 AMORTIZATION OF BOOKSTORE CONTRIBUTION 611710 41592 0 0 41592 GENERAL REIMBURSEMENT 900099 7801 7801 0 0 MANAGEMENT FEE 900099 833 0 833 0 50226 14843402 14405789 30272 67589 2165580 2165580 0 0 0 0 0 510605 510605 22631 22631 34081 34081 58444 58444 0 15126 15126 30950 30950 0 0 0 12210008 12164323 45685 0 30660 29660 1000 54884 47262 7622 4120 3633 487 0 61276 61276 4840 4840 0 14375 14238 137 57670 57670 0 209120 209120 138818 82731 56087 MAINTENANCE 184221 184121 100 0 REIMBURSEMENTS 104502 0 104502 0 FUEL 89132 89132 0 0 LEGAL SETTLEMENT 75000 0 75000 0 22118 6944 15174 16098161 15479501 618660 0 0 0 2707923 1344796 0 0 136603 11243 0 0 0 0 0 0 0 0 136907 162418 3164397 1107602 2102915 2056795 0 0 0 0 0 0 0 0 441883 467862 5526231 4043114 272939 322577 0 0 42509 58312 0 0 0 0 0 0 0 0 0 0 2638098 2344299 2953546 2725188 X 2572685 1317926 0 0 0 0 2572685 1317926 5526231 4043114 -1254759 X false true X true false X X X 1 STOCKTON UNIVERSITY 222832788 6 true 2145580 0 1 2145580 true false false false false true false false false false false false false false false true false Part IV, Q 6 Stockton Affiliated Services, Inc. (SASI) made $20,000 in grants during the year to Stockton University Foundation (Foundation). These grants indirectly support SASI's supported organization, Stockton University (University), since the Foundation frequently makes grants to the University or to the University's students in the form of scholarships. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 575875 575875 1284260 302735 981525 1247764 782153 465611 56498 22714 33784 2056795 DUE FROM THE UNIVERSITY 467862 467862 0 DEPOSITS HELD 825663 DUE TO THE UNIVERSITY 1506000 SECURITY DEPOSITS 12636 2344299 X 14843402 14843402 14843402 16098161 16098161 16098161 PART X, LINE 2: STOCKTON AFFILIATED SERVICES, INC. (SASI) FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDANCE THAT REQUIRES A TAX POSITION TO BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO BE SUSTAINED IF THE POSITION WERE TO BE 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 CHALLENGED. SASI DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS FOR WHICH RECOGNITION OR DISCLOSURE IS WARRANTED. SASI'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSE. NO INTEREST OR PENALTIES WERE RECOGNIZED FOR FISCAL YEAR 2019. SASI IS EXEMPT FROM FEDERAL INCOME TAXATION, NEVERTHELESS, IT MAY BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE TAX YEARS ENDED JUNE 30, 2019, 2018, AND 2017 REMAIN OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. true Stockton University 101 Vera King Farris Drive Galloway NJ 08205 222832788 Govt&501(c)(3) 2145580 Support of University Stockton University Foundation 101 Vera King Farris Drive Galloway NJ 08205 221957406 501(C)(3) 20000 Support of Foundation 2 PART I, LINE 2: SASI ONLY PROVIDES ASSISTANCE TO STOCKTON UNIVERSITY AND STOCKTON UNIVERSITY FOUNDATION. THERE IS NO SELECTION CRITERIA USED AS IT IS THE MISSION OF SASI TO PROVIDE ASSISTANCE TO THESE ORGANIZATIONS. ACCORDINGLY, THERE IS NO PROCEDURE FOR MONITORING THE USE OF THE FUNDS BECAUSE THE UNIVERSITY AND FOUNDATION ARE BOTH 501(C)(3) ORGANIZATIONS AND USE THE FUNDS IN ACCORDANCE WITH THEIR CHARITABLE MISSIONS. ESTABLISHED INTERNAL CONTROLS ARE SUFFICIENT. false true false false false false false false false E MICHAEL ANGULO ESQ Chair 0 195596 0 0 0 1835 0 16665 0 20446 0 234542 0 0 Audrey Latourette ESQ Secretary/Treasurer 0 142203 0 0 0 10018 0 11701 0 14222 0 178144 0 0 Dr Harvey Kesselman Board Member 0 348943 0 0 0 81767 0 187000 0 648 0 618358 0 0 Dr Michael Busler Board Member 0 140844 0 0 0 0 0 0 0 13889 0 154733 0 0 Jennifer Potter President of SASI 0 180916 0 0 743 0 15539 0 20446 0 217644 0 0 PART I, LINE 4B: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DR. KESSSELMAN PARTICIPATES IN TWO SECTION 457(F) PLANS. STOCKTON UNIVERSITY, A RELATED ORGANIZATION, CONTRIBUTED $165,000 DURING THE CALENDAR YEAR TO THE PLANS. FORM 990, PART VI, SECTION A, LINE 1: THE EXECUTIVE COMMITTEE OF THE BOARD SHALL CONSIST OF THE CHAIR, THE VICE CHAIR, THE SECRETARY-TREASURER, AND THE PRESIDENT OF STOCKTON AFFILIATED SERVICES, INC. IN ADDITION, THE BOARD MAY, IN ITS DISCRETION APPOINT AN ADDITIONAL MEMBER OF THE BOARD TO SERVE ON THE EXECUTIVE COMMITTEE. THE TERM OF ANY SUCH APPOINTMENT, IF MADE IN ANY GIVEN YEAR, SHALL BE ONE YEAR PROVIDED SUCH INDIVIDUAL CONTINUES TO SERVE AS A BOARD MEMBER. TO THE EXTENT ALLOWED BY LAW, THE EXECUTIVE COMMITTEE SHALL BE VESTED WITH ALL THE POWERS AND OBLIGATIONS OF THE BOARD OF DIRECTORS IN BETWEEN BOARD MEETINGS. ANY TIME IMMEDIATE ACTION IS REQUIRED TO BE TAKEN BY THE EXECUTIVE COMMITTEE, SUCH ACTION SHALL BE RATIFIED AT THE NEXT REGULARLY SCHEDULED BOARD MEETING. AT ALL MEETINGS OF THE EXECUTIVE COMMITTEE, A MAJORITY OF THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE NECESSARY AND SUFFICIENT TO CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. AT A MEETING AT WHICH THERE IS A QUORUM PRESENT, ACTION BY A MAJORITY OF A QUORUM SHALL BE THE ACT OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A: STOCKTON UNIVERSITY'S BOARD OF TRUSTEES APPOINTS THE BOARD OF DIRECTORS FOR STOCKTON AFFILIATED SERVICES, INC. THE PRESIDENT OF THE UNIVERSITY NOMINATES THE MEMBERS OF THE BOARD OF DIRECTORS. THE PRESIDENT OF STOCKTON UNIVERSITY, OR HIS/HER DESIGNEE, SHALL BE CHAIR OF THE BOARD AND HAVE CONTINUOUS APPOINTMENT ON THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B: WHILE THERE ARE NO FORMAL MINUTES TAKEN AT AUTHORIZED COMMITTEE MEETINGS, STAFF SUPPORT MEMBERS PRESENT DO TAKE NOTES REGARDING DECISIONS THAT ARE MADE AND FOLLOW-UP ACTIONS THAT MUST BE TAKEN. FORM 990, PART VI, SECTION B, LINE 11: THE FORM 990 IS PREPARED BY AN OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION SUBMITTED BY MANAGEMENT OF THE ORGANIZATION. THE PREPARED 990 IS REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE AND THEN ELECTRONICALLY SENT TO EACH VOTING MEMBER OF THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C: THE CONFLICT OF INTEREST POLICY IS REVIEWED AND FORMS ARE COMPLETED ANNUALLY. MANAGERIAL LEVEL STAFF REVIEW THE FORMS. ALL INDIVIDUALS WITH DECISION MAKING AUTHORITY ARE COVERED UNDER THE POLICY. POTENTIAL CONFLICTS ARE REVIEWED BETWEEN THE PRESIDENT OF STOCKTON AFFILIATED SERVICES, INC. AND THE BOARD CHAIR. THE BOARD DISCUSSES ACTUAL CONFLICTS. PERSONS WITH A CONFLICT ARE REQUIRED TO RECUSE THEMSELVES FROM DISCUSSION OF THE SUBSTANCE OF ANY MATTER TOUCHING ON THE CONFLICT AND TO REFRAIN FROM PARTICIPATING IN ANY DECISIONS RELATING TO THE AREA OF CONFLICT. FORM 990, PART VI, SECTION B, LINE 15: THE ORGANIZATION DOES NOT ITSELF COMPENSATE ANY OF THE TOP MANAGEMENT OFFICIALS OR OTHER OFFICERS OF THE ORGANIZATION. A RELATED ORGANIZATION ESTABLISHES THE COMPENSATION OF THOSE INDIVIDUALS COMPENSATED BY THAT ENTITY. FORM 990, PART VI, SECTION C, LINE 19: ======================================= GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990 PART IX LINE 11G DESCRIPTION:FOOD SERVICE TOTAL FEES:10852790 FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACTED SERVICES TOTAL FEES:1311407 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER SERVICES TOTAL FEES:45811 Stockton University 101 Vera King Farris Drive Galloway NJ 08205 222832788 Higher EDU NJ 501(c)(3) 6 NA false false true true false true false false false false false false false false true true true true false false