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WENTWORTH INSTITUTE OF TECHNOLOGY: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
WENTWORTH INSTITUTE OF TECHNOLOGY (EIN 04-1958460)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-05-11
IRS object ID
202021339349301017
Schema version
2018v3.0
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)
Return2020-05-11T08:30:36-07:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN041958460EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WENTWORTH INSTITUTE OF TECHNOLOGY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWENTBusinessNameControlTxt
Phone6179894328PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1550 Huntington AvenueAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP021155998ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRobert TotinoPersonNm
Person TitleVP for Finance/CFOPersonTitleTxt
Phone6179894328PhoneNum
Signature2020-05-11SignatureDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address173.48.178.239IPv4AddressTxt
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMark A ThompsonPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1550 Huntington AvenueAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP021155998ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$191,550,902GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.wit.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1904FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionWentworth Institute of Technology is a nationally recognized private coeducational and residential university of higher education with a mission to empower, inspire and innovate through experiential learning with a core purpose of career success.ActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee2812TotalEmployeeCnt
Total Volunteers150TotalVolunteersCnt
Total Gross UBI$134,875TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$111,819NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$14,875,321PYContributionsGrantsAmt
CY Contributions Grants$5,873,929CYContributionsGrantsAmt
PY Program Service Revenue$169,378,186PYProgramServiceRevenueAmt
CY Program Service Revenue$174,949,573CYProgramServiceRevenueAmt
PY Investment Income$18,906,905PYInvestmentIncomeAmt
CY Investment Income$4,798,212CYInvestmentIncomeAmt
PY Other Revenue$955,494PYOtherRevenueAmt
CY Other Revenue$1,121,250CYOtherRevenueAmt
PY Total Revenue$204,115,906PYTotalRevenueAmt
CY Total Revenue$186,742,964CYTotalRevenueAmt
PY Grants And Similar Paid$47,246,143PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$49,086,856CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$64,782,713PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$68,864,699CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,327,221CYTotalFundraisingExpenseAmt
PY Other Expenses$58,356,664PYOtherExpensesAmt
CY Other Expenses$61,701,098CYOtherExpensesAmt
PY Total Expenses$170,385,520PYTotalExpensesAmt
CY Total Expenses$179,652,653CYTotalExpensesAmt
PY Revenues Less Expenses$33,730,386PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$7,090,311CYRevenuesLessExpensesAmt
Total Assets BOY$430,458,871TotalAssetsBOYAmt
Total Assets EOY$434,446,766TotalAssetsEOYAmt
Total Liabilities BOY$188,393,410TotalLiabilitiesBOYAmt
Total Liabilities EOY$185,466,067TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$242,065,461NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$248,980,699NetAssetsOrFundBalancesEOYAmt
MissionWentworth Institute of Technology is a nationally recognized private coeducational and residential university of higher education with a mission to empower, inspire and innovate through experiential learning with a core purpose of career success.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$156,845,420ExpenseAmt
Grant$49,086,856GrantAmt
Revenue$175,251,775RevenueAmt
DescWentworth Institute of Technology, Inc. (the "university"), located in Boston, Massachusetts, is a private, coeducational institution founded in 1904 and accredited by the New England Commission of Higher Education, Inc. among other accrediting bodies. The university provides academic, residential and other services to a diverse student population of approximately 4,400, predominately from the Northeast region of the United States, as well as from approximately 30 U.S. states and 66 foreign countries.Desc
Total Other Prog Srvc Expense$0TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$156,845,420TotalProgramServiceExpensesAmt
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 Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
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 OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document154IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2812EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryGMForeignCountryCd
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 Members26GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
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 FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDavid A GilmorePersonNm
Phone6179894328PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1550 Huntington AvenueAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP021155998ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
P Michael Masterson
Chair40Yes (X)Yes (X)$0$0$0
Gregory B Janey
Vice Chair40Yes (X)Yes (X)$0$0$0
Jerome H Casey
Treasurer40Yes (X)Yes (X)$0$0$0
Robert C Murray
Secretary40Yes (X)Yes (X)$0$0$0
George A Abe
Trustee40Yes (X)$0$0$0
Mark R Bamforth
Trustee40Yes (X)$0$0$0
Elizabeth C Biron
Trustee (As of 6/1/19)40Yes (X)$0$0$0
John W Blaisdell
Trustee40Yes (X)$0$0$0
David C Blittersdorf
Trustee40Yes (X)$0$0$0
Lloyd Carney
Trustee40Yes (X)$0$0$0
Peter J Davoren
Trustee40Yes (X)$0$0$0
Robert DeBenedetto
Trustee40Yes (X)$0$0$0
Daniel T Flatley
Trustee40Yes (X)$0$0$0
Stephen F Fusi
Trustee40Yes (X)$0$0$0
Paul A Guarracino
Trustee40Yes (X)$0$0$0
Ryan E Hutchins
Trustee40Yes (X)$0$0$0
Kenneth Isaacs
Trustee (Until 2/6/19)40Yes (X)$0$0$0
Anil Jha
Trustee40Yes (X)$0$0$0
Douglas J Karam
Trustee40Yes (X)$0$0$0
Christine Keville
Trustee40Yes (X)$0$0$0
Lawrence LaFreniere
Trustee40Yes (X)$0$0$0
John M Lynch
Trustee40Yes (X)$0$0$0
Gary J Miller
Trustee40Yes (X)$0$0$0
Candace Naste
Trustee (Until 5/31/19)40Yes (X)$0$0$0
John Pini
Trustee40Yes (X)$0$0$0
Sylvia T Price
Trustee40Yes (X)$0$0$0
Michele A Whitham
Trustee40Yes (X)$0$0$0
Mark A Thompson
President (As of 6/1/19)400Yes (X)Yes (X)$0$0$0
Zorica Pantic
President (Until 5/31/19)400Yes (X)Yes (X)$557,794$0$38,019
Robert L Totino
Vice President for Finance & CFO40.000Yes (X)$277,972$0$55,399
Eric Overstrom
Senior VP Academic Affairs & Provost400Yes (X)$342,932$0$49,954
Keiko S Broomhead
Vice President for Enrollment Management400Yes (X)$199,838$0$42,018
Amy Intille
Vice President of Executive Affairs400Yes (X)$185,017$0$17,082
Vishvas Paradkar
VP for Information Tech (As of 4/2/18)400Yes (X)$184,621$0$16,500
Paula S Sakey
Vice President for Institutional Advancement400Yes (X)$267,761$0$25,888
Linda Shinomoto
VP for Human Resources (As of 2/5/18)400Yes (X)$191,843$0$45,262
David Wahlstrom
Vice President for Business400Yes (X)$206,763$0$86,035
Annamaria Wenner
Vice President Student Affairs & Dean of Students400Yes (X)$182,796$0$25,418
Frederick F Driscoll
Dean College of Engineering & Technology400$212,400$0$21,407Yes (X)
Carol Estes-Schwartz
Assoc. Vice President Institutional Advancement400$175,871$0$17,433Yes (X)
Patrick F Hafford
Dean College of Arts & Sciences400$178,658$0$33,460Yes (X)
Dianne K Plummer
Assoc. VP for Enrollment Management400$170,116$0$21,248Yes (X)
Cindy P Stevens
Professor400$195,738$0$24,789Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,530,120TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$519,912TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K143IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
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/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
Gilbane Building Company Corp
7 Jackson WalkwayProvidenceRI02903Construction contractor$31,494,730
Chartwells Dining Services
2 International DriveRye BrookNY10573Dining services & catering$5,399,750
TG Gallagher Inc
309 Waverley Oaks RoadWalthamMA02452Construction contractor$3,589,787Suite 200
UG2 LLC
116 Huntington Avenue 12th FlBostonMA02116Custodial services$2,477,658
EMCOR Services Inc
80 Hawes WayStoughtonMA020721163Construction contractor$1,354,345
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K57CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$69,600FundraisingAmt
Related Organizations$0RelatedOrganizationsAmt
Government Grants$1,246,484GovernmentGrantsAmt
All Other Contributions$4,557,845AllOtherContributionsAmt
Noncash Contributions$387,308NoncashContributionsAmt
Total Contributions$5,873,929TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Tuition and fees611310$139,467,106$139,467,106$0$0
Room and board related611310$35,482,467$35,482,467$0$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$174,949,573TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,704,844TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$109,821UnrelatedBusinessRevenueAmt
Exclusion$1,595,023ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$817,401RealAmt
Personal$0PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

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

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$817,401RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$817,401TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$817,401ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$7,598,241SecuritiesAmt
Other$231,987OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$4,391,852SecuritiesAmt
Other$345,008OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$3,206,389SecuritiesAmt
Other-$113,021OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,093,368TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$25,054UnrelatedBusinessRevenueAmt
Exclusion$3,068,314ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$72,725FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$69,600ContriRptFundraisingEventAmt
Fundraising Direct Expenses$71,078FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,647TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,647ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMiscellaneousDesc
Business900099BusinessCd
Total Revenue Column$302,202TotalRevenueColumnAmt
Related Or Exempt Func Income$302,202RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$302,202OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$186,742,964TotalRevenueColumnAmt
Related Or Exempt Func Income$175,251,775RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$134,875UnrelatedBusinessRevenueAmt
Exclusion$5,482,385ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$48,508,972TotalAmt
Program Services$48,508,972ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$577,884TotalAmt
Program Services$577,884ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,777,309TotalAmt
Program Services$858,622ProgramServicesAmt
Management And General$2,625,732ManagementAndGeneralAmt
Fundraising$292,955FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$52,052,062TotalAmt
Program Services$44,533,809ProgramServicesAmt
Management And General$5,112,877ManagementAndGeneralAmt
Fundraising$2,405,376FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$3,927,186TotalAmt
Program Services$3,166,749ProgramServicesAmt
Management And General$547,913ManagementAndGeneralAmt
Fundraising$212,524FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,081,246TotalAmt
Program Services$4,097,344ProgramServicesAmt
Management And General$708,925ManagementAndGeneralAmt
Fundraising$274,977FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$4,026,896TotalAmt
Program Services$3,247,152ProgramServicesAmt
Management And General$561,824ManagementAndGeneralAmt
Fundraising$217,920FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$395,845TotalAmt
Program Services$0ProgramServicesAmt
Management And General$395,845ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$95,690TotalAmt
Program Services$0ProgramServicesAmt
Management And General$95,690ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt
Fundraising$0FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$232,272TotalAmt
Program Services$0ProgramServicesAmt
Management And General$232,272ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,831,940TotalAmt
Program Services$3,478,356ProgramServicesAmt
Management And General$1,201,006ManagementAndGeneralAmt
Fundraising$152,578FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,773,201TotalAmt
Program Services$1,573,916ProgramServicesAmt
Management And General$122,302ManagementAndGeneralAmt
Fundraising$76,983FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,275,328TotalAmt
Program Services$1,161,108ProgramServicesAmt
Management And General$1,053,703ManagementAndGeneralAmt
Fundraising$60,517FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,251,151TotalAmt
Program Services$1,761,899ProgramServicesAmt
Management And General$377,289ManagementAndGeneralAmt
Fundraising$111,963FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,894,299TotalAmt
Program Services$8,606,865ProgramServicesAmt
Management And General$255,395ManagementAndGeneralAmt
Fundraising$32,039FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,303,501TotalAmt
Program Services$1,173,497ProgramServicesAmt
Management And General$85,108ManagementAndGeneralAmt
Fundraising$44,896FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$709,311TotalAmt
Program Services$561,235ProgramServicesAmt
Management And General$97,736ManagementAndGeneralAmt
Fundraising$50,340FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$4,393,480TotalAmt
Program Services$4,045,065ProgramServicesAmt
Management And General$348,415ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$16,829,692TotalAmt
Program Services$16,301,989ProgramServicesAmt
Management And General$479,010ManagementAndGeneralAmt
Fundraising$48,693FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$847,776TotalAmt
Program Services$0ProgramServicesAmt
Management And General$847,776ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Cafeteria services$5,187,416$5,049,609$118,270$19,537
Repairs and maintenance$5,216,963$5,048,614$152,756$15,593
Printing and publications$1,150,210$342,887$720,390$86,933
Study abroad$1,086,958$1,086,958$0$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,226,065TotalAmt
Program Services$1,662,890ProgramServicesAmt
Management And General$2,339,778ManagementAndGeneralAmt
Fundraising$223,397FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$179,652,653TotalAmt
Program Services$156,845,420ProgramServicesAmt
Management And General$18,480,012ManagementAndGeneralAmt
Fundraising$4,327,221FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$10,199,819BOYAmt
EOY$8,901,120EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$33,782,799BOYAmt
EOY$36,167,209EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,329,602BOYAmt
EOY$4,163,960EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,267,227BOYAmt
EOY$2,329,454EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$4,082,944BOYAmt
EOY$3,510,017EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,530,476BOYAmt
EOY$2,287,021EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$437,079,636LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$179,494,037LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$240,250,361BOYAmt
EOY$257,585,599EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$62,347,300BOYAmt
EOY$63,641,281EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$53,223,446BOYAmt
EOY$55,460,323EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$17,444,897BOYAmt
EOY$400,782EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$430,458,871BOYAmt
EOY$434,446,766EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$14,603,916BOYAmt
EOY$13,089,864EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$16,458,554BOYAmt
EOY$16,597,009EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$144,547,987BOYAmt
EOY$139,765,050EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,782,953BOYAmt
EOY$16,014,144EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$188,393,410BOYAmt
EOY$185,466,067EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$195,300,014BOYAmt
EOY$200,086,817EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$16,456,441BOYAmt
EOY$17,918,851EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$30,309,006BOYAmt
EOY$30,975,031EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$242,065,461BOYAmt
EOY$248,980,699EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$430,458,871BOYAmt
EOY$434,446,766EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$7,090,311ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,825,944NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Investment Expense$0InvestmentExpenseAmt
Prior Period Adjustments$0PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$3,001,017OtherChangesInNetAssetsAmt
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)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,329,222CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,426,896CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,373,736CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,875,321CurrentTaxYearMinus1YearAmt
Current Tax Year$5,873,929CurrentTaxYearAmt
Total$42,879,104TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

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

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

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

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,329,222CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,426,896CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,373,736CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,875,321CurrentTaxYearMinus1YearAmt
Current Tax Year$5,873,929CurrentTaxYearAmt
Total$42,879,104TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$14,920,759SubstantialContributorsTotAmt
Public Support Total170$27,958,345PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,313,873CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,836,637CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,474,926CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,315,302CurrentTaxYearMinus1YearAmt
Current Tax Year$2,522,245CurrentTaxYearAmt
Total$11,462,983TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$173,873CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,752CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$151,577CurrentTaxYearMinus1YearAmt
Current Tax Year$112,819CurrentTaxYearAmt
Total$453,021TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$63,904CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$94,905CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$106,975CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$71,925CurrentTaxYearMinus1YearAmt
Current Tax Year$72,725CurrentTaxYearAmt
Total$410,434TotalAmt
FieldValueIRS element (for citing)
Total Support$55,205,542TotalSupportAmt
Gross Receipts Rltd Activities$826,093,413GrossReceiptsRltdActivitiesAmt
Public Support CY1700.50644PublicSupportCY170Pct
Public Support PY1700.47592PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule A, Part I, Line 7The basis of Wentworth Institute of Technology, Inc.'s public charity status has been and continues to be its qualification as a school described in Section 170(b)(1)(A)(ii). The university has checked box 7 on Schedule A, Part I and completed Schedule A, Part II in order to demonstrate its qualification to follow the special rule for abbreviated reporting of contributions on Form 990, Schedule B.
Schedule A, Part II, Line 10The amount includes gross income from fundraising events.

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

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$175,325,432FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$175,325,432FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$0CurrentYearMinus3Amt
Current Year Minus2$0CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$0TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$0CurrentYearMinus3Amt
Current Year Minus2$0CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$0TotalAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$112,633,959BeginningYearBalanceAmt
Contributions$685,283ContributionsAmt
Investment Earnings Or Losses$6,762,759InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,260,609GrantsOrScholarshipsAmt
Other Expenditures$2,439,017OtherExpendituresAmt
Administrative Expenses$239,900AdministrativeExpensesAmt
End Year Balance$116,142,475EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$94,092,355BeginningYearBalanceAmt
Contributions$12,368,817ContributionsAmt
Investment Earnings Or Losses$8,089,953InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,280,916GrantsOrScholarshipsAmt
Other Expenditures$327,821OtherExpendituresAmt
Administrative Expenses$308,429AdministrativeExpensesAmt
End Year Balance$112,633,959EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$84,112,837BeginningYearBalanceAmt
Contributions$646,895ContributionsAmt
Investment Earnings Or Losses$11,319,563InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,239,524GrantsOrScholarshipsAmt
Other Expenditures$254,824OtherExpendituresAmt
Administrative Expenses$492,592AdministrativeExpensesAmt
End Year Balance$94,092,355EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$89,739,718BeginningYearBalanceAmt
Contributions$724,232ContributionsAmt
Investment Earnings Or Losses-$1,537,781InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,436,758GrantsOrScholarshipsAmt
Other Expenditures$2,880,264OtherExpendituresAmt
Administrative Expenses$496,310AdministrativeExpensesAmt
End Year Balance$84,112,837EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$91,461,836BeginningYearBalanceAmt
Contributions$2,052,036ContributionsAmt
Investment Earnings Or Losses$766,281InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,325,808GrantsOrScholarshipsAmt
Other Expenditures$2,780,985OtherExpendituresAmt
Administrative Expenses$433,642AdministrativeExpensesAmt
End Year Balance$89,739,718EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.663BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.236PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.101TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$13,392,323OtherCostOrOtherBasisAmt
Book Value$13,392,323BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$361,899,811OtherCostOrOtherBasisAmt
Depreciation$142,592,960DepreciationAmt
Book Value$219,306,851BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$51,061,616OtherCostOrOtherBasisAmt
Depreciation$30,852,398DepreciationAmt
Book Value$20,209,218BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$10,725,886OtherCostOrOtherBasisAmt
Depreciation$6,048,679DepreciationAmt
Book Value$4,677,207BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$257,585,599TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Global equity funds$11,787,170F
International equity funds$7,488,669F
Fixed income funds$10,230,509F
Hedged equity funds$16,643,583F
Private real asset funds$1,092,668F
Private equity and venture funds$8,217,724F
FieldValueIRS element (for citing)
Total Book Value Securities$55,460,323TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
Interest rate swap obligations$9,051,093
Perkins and other government$3,810,349
Post-retirement benefit obligations$2,263,265
Asset retirement obligations$742,989
Charitable annuity obligations$146,448
FieldValueIRS element (for citing)
Total Liability$16,014,144TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$137,360,137TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$2,825,944NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants$0RecoveriesPriorYearGrantsAmt
Other Revenue-$3,001,017OtherRevenueAmt
Revenue Not Reported-$175,073RevenueNotReportedAmt
Revenue Subtotal$137,535,210RevenueSubtotalAmt
Investment Expenses Not Incld$232,272InvestmentExpensesNotIncldAmt
Other Revenues Not Included$48,975,482OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$49,207,754RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$186,742,964TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$130,444,899TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$0DonatedServicesUseFcltsAmt
Prior Year Adjustments$0PriorYearAdjustmentsAmt
Losses Reported$0LossesReportedAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$130,444,899ExpensesSubtotalAmt
Investment Expenses Not Incld2$232,272InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$48,975,482OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$49,207,754ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$179,652,653TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V, Line 4The university's endowment consists of approximately 151 donor-restricted and 11 board-restricted individual funds established for a variety of purposes for the furtherance of the educational mission of the university. The Board of Trustees has established a spending rate of 5% of a rolling three-year average fair market value of the endowment. For the fiscal years ended 2019, 2018 and 2017, the Board of Trustees has designated only a portion of the university's Board-designated endowment funds for support of current operations and did not apply the full 5% draw. Earnings from the endowed funds are predominately used for scholarship, teaching, and program expenses.
Schedule D, Part X, Line 2The university accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The university has identified its tax status as a tax-exempt entity and its determinations over which of its revenues are related and unrelated as its only significant tax positions. However, the university has determined that such tax positions do not result in an uncertainty requiring recognition. The university is not currently under examination by any taxing jurisdiction. The university's Federal and state tax returns are generally open to examination for three years following the date filed.
Schedule D, Part XI, Line 2dUnrealized loss on interest rate swaps $3,001,017.
Schedule D, Part XI, Line 4bStudent financial aid grants to individuals $49,086,856 plus net gain from fundraising events $1,647 less net loss on disposal of assets $113,021.
Schedule D, Part XII, Line 4bStudent financial aid grants to individuals $49,086,856 plus net gain from fundraising events $1,647 less net loss on disposal of assets $113,021.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media0PlcyPblczdViaBroadcastMediaInd
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 3The university's student population is predominately from the Northeast region of the United States, as well as from approximately 30 other U.S. States and territories and 66 foreign countries. The university follows a racially nondiscriminatory policy as to its students and enrolls students of racial minority groups in meaningful numbers.
Schedule E, Part I, Line 6The university administers disbursements of funds for Federal programs including Perkins Loans, Direct Loans, SEOG, Pell, and Federal Work Study and disbursements from various state governments located throughout the USA.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (including Iceland and Greenland)22Program ServicesStudy abroad$942,919
South America00Program ServicesStudy abroad$77,392
East Asia and the Pacific00Program ServicesStudy abroad$32,974
Sub-Saharan Africa00Program ServicesStudy abroad$13,610
Europe (including Iceland and Greenland)00Grantmaking$577,884
Central America and the Caribbean00Investments$22,905,942
FieldValueIRS element (for citing)
Total Office2TotalOfficeCnt
Total Employee2TotalEmployeeCnt
Total Spent$24,550,721TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceScholarshipsTypeOfAssistanceTxt
RegionEurope (including Iceland and Greenland)RegionTxt
Recipient89RecipientCnt
Cash Grant$0CashGrantAmt
Manner Of Cash DisbursementNAMannerOfCashDisbursementTxt
Non Cash Assistance$577,884NonCashAssistanceAmt
Description Of Non Cash AsstTuition offsetDescriptionOfNonCashAsstTxt
Valuation Method UsedFMVValuationMethodUsedDesc
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 2FormAndLineReferenceDesc
ExplanationAll grants are applied directly to the student's account to cover a portion of the student's tuition.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Alumni Golf TournamentEvent1Nm
Gross Receipts Event1$142,325GrossReceiptsEvent1Amt
Charitable Contri Event1$69,600CharitableContriEvent1Amt
Gross Revenue Event1$72,725GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$0NonCashPrizesEvent1Amt
Rent Facility Costs Event1$37,640RentFacilityCostsEvent1Amt
Food And Beverage Event1$18,092FoodAndBeverageEvent1Amt
Entertainment Event1$0EntertainmentEvent1Amt
Other Direct Expenses Event1$15,346OtherDirectExpensesEvent1Amt
Food And Beverage Other Events$0FoodAndBeverageOtherEventsAmt
Entertainment Other Events$0EntertainmentOtherEventsAmt
Gross Receipts Total$142,325GrossReceiptsTotalAmt
Charitable Contributions Tot$69,600CharitableContributionsTotAmt
Gross Revenue Total Events$72,725GrossRevenueTotalEventsAmt
Cash Prizes Total Events$0CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$0NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$37,640RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$18,092FoodAndBeverageTotalEventsAmt
Entertainment Total Events$0EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$15,346OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$71,078DirectExpenseSummaryEventsAmt
Net Income Summary$1,647NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
Scholarships to students.3705$0$47,616,258OtherReduction to student account balance for tuition owed to the university.
Scholarships to students.74$0$892,714OtherReduction to student account balance for room owed to the university.

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2FormAndLineReferenceDesc
ExplanationThe university's Office of Financial Aid monitors all recipients of scholarship awards to determine both initial and continuing eligibility based on the criteria for each type of award, which may include academic performance, financial need and criteria established by donors of endowed scholarship funds, etc.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss0WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
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 (15 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
Zorica Pantic
President (Until 5/31/19)$428,610$0$49,500$0$79,684$0$27,500$0$10,519$0$595,813$0$0$0
Robert L Totino
Vice President for Finance & CFO$252,786$0$23,800$0$1,386$0$26,500$0$28,899$0$333,371$0$0$0
Eric Overstrom
Senior VP Academic Affairs & Provost$306,933$0$28,350$0$7,649$0$27,500$0$22,454$0$392,886$0$0$0
Keiko S Broomhead
Vice President for Enrollment Management$176,873$0$17,100$0$5,865$0$19,064$0$22,954$0$241,856$0$0$0
Amy Intille
Vice President of Executive Affairs$169,919$0$14,500$0$598$0$17,000$0$82$0$202,099$0$0$0
Vishvas Paradkar
VP for Information Tech (As of 4/2/18)$165,000$0$19,000$0$621$0$16,500$0$0$0$201,121$0$0$0
Paula S Sakey
Vice President for Institutional Advancement$244,306$0$22,100$0$1,355$0$24,500$0$1,388$0$293,649$0$0$0
Linda Shinomoto
VP for Human Resources (As of 2/5/18)$178,800$0$10,000$0$3,043$0$18,981$0$26,281$0$237,105$0$0$0
David Wahlstrom
Vice President for Business$186,983$0$17,800$0$1,980$0$19,700$0$66,335$0$292,798$0$0$0
Annamaria Wenner
Vice President Student Affairs & Dean of Students$166,913$0$15,300$0$583$0$17,000$0$8,418$0$208,214$0$0$0
Frederick F Driscoll
Dean College of Engineering & Technology$203,005$0$0$0$9,395$0$20,378$0$1,029$0$233,807$0$0$0
Carol Estes-Schwartz
Assoc. Vice President Institutional Advancement$174,330$0$0$0$1,541$0$17,433$0$0$0$193,304$0$0$0
Patrick F Hafford
Dean College of Arts & Sciences$176,344$0$0$0$2,314$0$18,564$0$14,896$0$212,118$0$0$0
Dianne K Plummer
Assoc. VP for Enrollment Management$166,447$0$2,000$0$1,669$0$17,000$0$4,248$0$191,364$0$0$0
Cindy P Stevens
Professor$195,320$0$0$0$418$0$16,371$0$8,418$0$220,527$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1aPresident Pantic was provided with a $4,167 monthly housing allowance, and the entire amount was treated as taxable compensation. President Pantic was provided with a university vehicle until March 31, 2018 for business use and any personal miles were treated as taxable compensation.
Schedule J, Part I, Line 1bThe amount of the housing allowance for President Pantic is included in a written employment contract that was approved by the Executive Committee of the Board of Trustees. The amount was determined partly based from salary surveys.
Schedule J, Part I, Line 4President Pantic participated in a 457(f) Supplemental Executive Retirement Plan and no amounts were deferred on her behalf during fiscal year 2019.
Schedule J, Part I, Line 7Merit based compensation may be granted as either a salary increase or a one-time bonus. Qualifications for receiving a bonus include performance exceeding expectations or taking on additional duties due to staff vacancies or temporary absences. In the case of employees below the level of Division Heads, the bonus amount is determined by consultation between the Division Head and Human Resources. In the case of Division Heads and other Officers, the bonus amount (if any) is determined via the same process as other compensation for Officers and other key employees including review by the Executive Committee of the Board of Trustees.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBusiness Name Line2IssuerName/BusinessNameLine2TxtBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
Massachusetts Development
AFinance Agency0434318140000000002013-02-15$69,865,000Refunding MDFA 2008 Series Bonds & construction of new residence hall000
Massachusetts Development
BFinance Agency0434318140000000002015-04-09$46,280,000Refunding MDFA 2007 Series Bonds000
Massachusetts Development
CFinance Agency04343181457584XJ362017-02-16$45,000,680Construction of new academic building000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$0$0$69,865,000$0$0$0$685,740$0$0$44,309,260$24,870,000$02014Yes (1)0Yes (1)Yes (1)
B$0$0$46,280,000$0$0$0$447,723$0$0$0$45,832,277$02015Yes (1)0Yes (1)Yes (1)
C$0$0$45,000,680$0$0$0$446,505$0$0$44,554,175$0$0201800Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 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)00.001800.001800Yes (1)
B00Yes (1)Yes (1)00.004500.004500Yes (1)
C00Yes (1)Yes (1)000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
See Part VI
A000Yes (1)Yes (1)Yes (1)310000Yes (1)
See Part VI
B0Yes (1)00Yes (1)Yes (1)29.80000Yes (1)
(no name)
C0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

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

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part IV, Line 2c-02/15/2013 69,865,000 Massachusetts DevelopmentThe date of the last rebate computation was on March 22, 2019 and no rebate liability exists
Schedule K, Part IV, Line 4b-02/15/2013 69,865,000 Massachusetts DevelopmentName of providers: Wells Fargo and RBS Citizens
Schedule K, Part IV, Line 4b-04/09/2015 46,280,000 Massachusetts DevelopmentName of providers: Morgan Stanley and Bank of New York
Schedule K, Part IV, Line 4c-02/15/2013 69,865,000 Massachusetts DevelopmentTerm of hedges: 31 Years and 10 Years

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
Person-PersonNm
Relationship With Org-RelationshipWithOrgTxt
Cash Grant$41,932CashGrantAmt
Type Of AssistanceDependent scholarshipTypeOfAssistanceTxt
Assistance PurposeTuitionAssistancePurposeTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution7ContributionCnt
Noncash Contributions Rpt F990$101,146NoncashContributionsRptF990Amt
Method Of Determining RevenuesFair market valueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Discounted equipment31$236,162Fair market value
Yes (X)Equipment36$50,000Fair market value
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 ReferenceSchedule M, Part I, Line 33FormAndLineReferenceDesc
ExplanationThe university is disclosing the number of contributions of publicly traded securities. These contributions may be comprised of one or more securities. The university received thirty-one pieces of equipment through a discount on purchase and thirty-six pieces of gifted equipment.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part V, Line 2aThe total number of employees includes faculty and staff of 1,193 and student employees of 1,619.
Form 990, Part VI, Section A, Line 2Trustee Gregory B. Janey and Trustee Ryan E. Hutchins have a business relationship.
Form 990, Part VI, Section A, Line 4Prior to the beginning of fiscal year 2019, under the university's bylaws, the Corporation consisted of persons called Corporators. New Trustees and incumbent members of the Board of Trustees who were eligible for re-election were elected at the Corporation's annual meeting duly called at which a quorum was present by a majority of the Corporators present at such meeting. The bylaws were amended to change the word Corporation to Institute and also eliminated the voting rights of Corporators. New Trustees and incumbent members of the Board of Trustees who are eligible for re-election are now elected by an affirmative vote of two-thirds of the Trustees.
Form 990, Part VI, Section B, Line 11bA draft copy of the Form 990 is provided to all members of the university's Audit Committee for their review and approval prior to its filing. After approval by the Audit Committee, but before it is filed, the Form 990 is posted on the university's secure web portal for Trustees. All Trustees are sent an email to let them know that the Form 990 is available on the secure portal for their review.
Form 990, Part VI, Section B, Line 12cThe university annually distributes, via email and other electronic means, a copy of the conflict of interest policy and related disclosure forms. The university monitors the replies to ensure that it receives replies from all appropriate Trustees, Officers, Faculty and Staff per the requirements of the policy. Disclosures of potential conflicts of interest are reported to the Audit Committee for disposition. The policy also reminds all individuals that they are required to disclose any potential conflicts of interest that may arise at any time after completion of the disclosure form. When an actual or potential conflict of interest is found to exist, the conflicted individual may be prohibited from participating in deliberations and decisions relating to their transaction.
Form 990, Part VI, Section B, Line 15Compensation of the Officers and other key employees of the university must allow Wentworth to attract the best individuals for each position. That compensation shall be reviewed by the Executive Committee of the Board of Trustees to ensure that compensation packages are appropriate in the marketplace, that the university has a rebuttable presumption of reasonableness, and that the university does not violate the intermediate sanctions provisions of the Internal Revenue Code. In order to determine market value, Wentworth hired compensation consultants in 2017 who conducted a market analysis of these positions. This analysis includes data from peer institutions. In addition, Wentworth participates in several salary surveys which are used to evaluate the competitiveness of the university's salaries. On an annual basis, the President shall provide the Executive Committee of the Board of Trustees all proposed Officer compensation for the new calendar year. The Executive Committee shall determine the appropriateness of the Officer salaries. The Vice President of Finance/Assistant Treasurer works with the Executive Committee to approve the President's salary. The Executive Committee shall document in the minutes of the meeting all actions taken and data used to determine salary. Once the Executive Committee makes the recommendations for the Officers, the President will inform the Human Resources Department to implement the changes. The Vice President of Finance/CFO will submit the salary recommendations for the President to the Human Resources Department.
Form 990, Part VI, Section C, Line 19The university's Form 990 and audited financial statements are available via the Massachusetts Attorney General's website. The governing documents and conflict of interest policy are available upon written or electronic request.
Form 990, Part XI, Line 9Unrealized loss on interest rate swaps $3,001,017.