LESLEY UNIVERSITY: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- LESLEY UNIVERSITY (EIN 04-2103589)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-10
- IRS object ID
- 201821309349302232
- Schema version
- 2016v3.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-10T13:09:41-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 263753134 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ MHM LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 Boylston Street | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103589 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LESLEY UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LESL | BusinessNameControlTxt |
| Phone | 6173498685 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 EVERETT STREET | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021382790 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | bernice bradin | PersonNm |
| Person Title | cfo, vp finance | PersonTitleTxt |
| Phone | 6173498685 | PhoneNum |
| Signature | 2018-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Craig Klein | PreparerPersonNm |
| PTIN | P00734640 | PTIN |
| Phone | 6177610600 | PhoneNum |
| Preparation | 2018-05-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | jeff weiss | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 EVERETT STREET | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021382790 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $248,061,140 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LESLEY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1909 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | LESLEY UNIVERSITY ENGAGES STUDENTS IN TRANSFORMATIVE EDUCATION, THROUGH ACTIVE LEARNING, SCHOLARLY RESEARCH, DIVERSE FORMS OF ARTISTIC EXPRESSION, AND THE INTEGRATION OF RIGOROUS ACADEMICS WITH PRACTICAL, PROFESSIONAL EXPERIENCE, LEADING TO MEANINGFUL CAREERS AND CONTINUING LIFELONG LEARNING. LESLEY PREPARES SOCIALLY RESPONSIBLE GRADUATES WITH THE KNOWLEDGE, SKILLS, UNDERSTANDING AND ETHICAL JUDGMENT TO BE CATALYSTS SHAPING A MORE JUST, HUMANE, AND SUSTAINABLE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 2095 | TotalEmployeeCnt |
| Total Volunteers | 192 | TotalVolunteersCnt |
| Total Gross UBI | $404,204 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $46,648 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,057,754 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,904,787 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $98,135,854 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $101,395,394 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,076,395 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,515,777 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,858,553 | PYOtherRevenueAmt |
| CY Other Revenue | $2,128,032 | CYOtherRevenueAmt |
| PY Total Revenue | $113,128,556 | PYTotalRevenueAmt |
| CY Total Revenue | $124,943,990 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $11,152,609 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $14,052,066 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $59,327,294 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $63,321,376 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $89,190 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,972,055 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $41,931,397 | PYOtherExpensesAmt |
| CY Other Expenses | $40,684,462 | CYOtherExpensesAmt |
| PY Total Expenses | $112,500,490 | PYTotalExpensesAmt |
| CY Total Expenses | $118,057,904 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $628,066 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,886,086 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $383,034,489 | TotalAssetsBOYAmt |
| Total Assets EOY | $400,262,616 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $122,475,190 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $129,020,710 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $260,559,299 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $271,241,906 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | LESLEY UNIVERSITY ENGAGES STUDENTS IN TRANSFORMATIVE EDUCATION, THROUGH ACTIVE LEARNING, SCHOLARLY RESEARCH, DIVERSE FORMS OF ARTISTIC EXPRESSION, AND THE INTEGRATION OF RIGOROUS ACADEMICS WITH PRACTICAL, PROFESSIONAL EXPERIENCE, LEADING TO MEANINGFUL CAREERS AND CONTINUING LIFELONG LEARNING. LESLEY PREPARES SOCIALLY RESPONSIBLE GRADUATES WITH THE KNOWLEDGE, SKILLS, UNDERSTANDING AND ETHICAL JUDGMENT TO BE CATALYSTS SHAPING A MORE JUST, HUMANE, AND SUSTAINABLE WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $45,087,959 | ExpenseAmt |
| Revenue | $86,899,291 | RevenueAmt |
| Desc | EXPENSES RELATED TO INSTRUCTING FULL TIME AND PART TIME STUDENTS: The university is home to a number of important centers and institutes that conduct research, help shape public policy, and provide continuing education and professional development opportunities across a wide range of disciplines including:*Math *Special education *Literacy*Center for adult learnersAt a Glance:*Founded: 1909 *Total Enrollment: 6,980*Undergraduates: 2,594*Master's, C.A.G.S., Ph.D. students: 4,386*Total Alumni: 87,503*Campus locations: *Cambridge, MA Lesley University Academics:*Undergraduate Study:-Lesley University College of Arts and Design (LUCAD)-College of Liberal Arts and Sciences (CLAS)-Lesley Center for Adult Learning (LCAL)*Graduate Study: -Courses + programs in Cambridge -Programs offered throughout the US -Online courses + programs*Unique Program Formats *Centers + Institutes *Continuing education + professional development *Threshold non-degree program*Accreditation: -New England Association of Schools and Colleges -National Association of Schools of Art and Design | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $16,194,444 | ExpenseAmt |
| Desc | EXPENSES RELATED TO ACADEMIC SUPPORT WHICH INCLUDES THE EXPENSES FOR THE LIBRARY, DEAN OF STUDENTS, VARIOUS ACADEMIC DEANS AND OTHER ACADEMIC SUPPORT. ALSO, EXPENSES RELATED TO RESEARCH AND GENERAL INSTITUTIONAL OPERATIONS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,332,029 | ExpenseAmt |
| Desc | EXPENSES RELATED TO SERVICES PROVIDED TO THE STUDENT BODY, INCLUDING COUNSELING, CAREER GUIDANCE, ADMISSIONS, REGISTRAR, STUDENT ACTIVITIES, AND HEALTH SERVICES AS WELL AS EXPENSES RELATED TO ATHLETIC PROGRAMS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | DescDesc | RevenueRevenueAmt |
|---|---|---|---|
| $14,094,111 | $14,052,066 | EXPENSES RELATED TO FINANCIAL AID FOR STUDENTS:The purpose of financial aid is to help you attain your goal of a Lesley University Education, by offering financial assistance in the form of grants, loans, and student work opportunities. Please be assured that despite the current economic situation, the Office of Financial Aid remains very vigilant and has been proactive in assuring that both federal and private educational loan options are available to students. | |
| $10,794,265 | AUXILIARY ENTERPRISES | $15,126,450 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $24,888,376 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $14,052,066 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $15,126,450 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $99,502,808 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 8257 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2095 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BERNICE BRADIN vpcfo | PersonNm |
| Phone | 6173498685 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 EVERETT STREET | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021382790 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Mrs Deborah Schwartz Raizes | ||||||||||
| trustee, chair | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| Mr Hans D Strauch | ||||||||||
| trustee, vice chair | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| Ms Barbara weinstein Russell | ||||||||||
| trustee, treasurer | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| Ms Michelle Nadeau O'Brien | ||||||||||
| trustee, clerk | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| Ms Loring Low Stevens | ||||||||||
| trustee, clerk | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| Mr Art Bardige | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Hal Belodoff | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mrs Karen Cotton Chaplin | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Ms Molly L Davis | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Ms Nina Houghton | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Richard A Jalkut | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Ms Juanita James | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Ms Jana Karp | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| mr Matthew Kozol | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Ms Lauren Manafort | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Michael E Mooney | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mrs Carol C Moriarty | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Ms Karen v Morton | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr David I Newton | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Ms Allene Russell Pierson | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Thomas N Riley | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Robert Sage | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| Ms Janet Steinmayer | ||||||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| jeff a weiss | ||||||||||
| president | 40.00 | Yes (X) | Yes (X) | $220,481 | $0 | $14,464 | ||||
| mr roger lowenstein | ||||||||||
| trustee | 40.00 | Yes (X) | $0 | $0 | $0 | 1.00 | ||||
| Wayne Selase Williams | ||||||||||
| Provost | 40.00 | Yes (X) | $265,608 | $0 | $13,892 | |||||
| Mary Lou Batt | ||||||||||
| VP of Administration | 40.00 | Yes (X) | $222,692 | $0 | $18,378 | |||||
| Bernice Bradin | ||||||||||
| VP of Finance/CFO | 40.00 | Yes (X) | $217,959 | $0 | $26,185 | |||||
| Shirin Philipp | ||||||||||
| VP & General Counsel | 40.00 | Yes (X) | $205,487 | $0 | $14,036 | |||||
| Katherine McWey | ||||||||||
| assistant clerk | 40.00 | Yes (X) | $71,835 | $0 | $21,473 | |||||
| Mary Lou Dymski | ||||||||||
| VP of Budgeting & Financial planning | 40.00 | $204,432 | $0 | $15,347 | Yes (X) | |||||
| Jonathon H Gillette | ||||||||||
| Dean of GSOE | 40.00 | $196,837 | $0 | $21,888 | Yes (X) | |||||
| Janis M Sagarin | ||||||||||
| VP of Advancement | 40.00 | $179,533 | $0 | $31,894 | Yes (X) | |||||
| Richard J Zauft | ||||||||||
| Dean of LUCAD | 40.00 | $180,578 | $0 | $12,774 | Yes (X) | |||||
| lisa ijiri | ||||||||||
| Associate Provost | 40.00 | $174,232 | $0 | $13,788 | Yes (X) | |||||
| Mary Patricia Lohse | ||||||||||
| Chief of Staff/sr. advisor to pres. | 40.00 | $161,931 | $0 | $41,935 | Yes (X) | |||||
| timothy robison | ||||||||||
| VP of Enrollment Management | 40.00 | $164,893 | $0 | $18,099 | Yes (X) | |||||
| Nathaniel G Mays | ||||||||||
| Dean of Students | 40.00 | $149,563 | $0 | $13,358 | Yes (X) | |||||
| Irene Fountas | ||||||||||
| Program Director, AFAC | 40.00 | $169,157 | $0 | $21,875 | Yes (X) | |||||
| anne m collins | ||||||||||
| Center Director, AFAC | 40.00 | $157,121 | $0 | $13,488 | Yes (X) | |||||
| george smith | ||||||||||
| Dir. of Operations & Campus planning | 40.00 | $150,279 | $0 | $29,204 | Yes (X) | |||||
| JONATHAN K JEFFERSON | ||||||||||
| Chair, Business & Communication | 40.00 | $164,509 | $0 | $9,283 | Yes (X) | |||||
| Joseph B Moore | ||||||||||
| President (former) | 40.00 | $659,574 | $0 | $126,320 | Yes (X) | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,916,701 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $477,681 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 87 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Bon Appetit Mgmt Co | |||||
| PO Box 417632 | boston | MA | 02241 | food services | $4,474,461 |
| C&W Facility Services | |||||
| 275 Grove St Ste 3-200 | Auburndale | MA | 024462239 | Facility Management | $3,346,823 |
| ug2 llc | |||||
| one international place | boston | MA | 02110 | facility Management | $1,911,521 |
| The Learning House Inc | |||||
| 427 South Fourth Street | Louisville | KY | 40202 | Student Recr/Advising | $1,626,168 |
| Securitas Security Svcs | |||||
| PO Box 403412 | Atlanta | GA | 303843412 | Security Services | $1,557,280 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 31 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,308,797 | GovernmentGrantsAmt |
| All Other Contributions | $9,595,990 | AllOtherContributionsAmt |
| Noncash Contributions | $1,446,049 | NoncashContributionsAmt |
| Total Contributions | $10,904,787 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 900099 | $86,268,944 | $86,268,944 |
| AUXILIARY | 900099 | $15,126,450 | $15,126,450 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $101,395,394 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,498,351 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $205,481 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,292,870 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,556,849 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,513,783 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,043,066 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,043,066 | TotalRevenueColumnAmt |
| Exclusion | $1,043,066 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $128,380,532 | SecuritiesAmt |
| Other | $25,924 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $120,379,682 | SecuritiesAmt |
| Other | $9,348 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,000,850 | SecuritiesAmt |
| Other | $16,576 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,017,426 | TotalRevenueColumnAmt |
| Exclusion | $8,017,426 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $470,233 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $214,337 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $255,896 | TotalRevenueColumnAmt |
| Exclusion | $255,896 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER income | 900099 | $630,347 | $630,347 | |
| parking lot | 812930 | $198,723 | $198,723 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $829,070 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $124,943,990 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $102,025,741 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $404,204 | UnrelatedBusinessRevenueAmt |
| Exclusion | $11,609,258 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,052,066 | TotalAmt |
| Program Services | $14,052,066 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,189,633 | TotalAmt |
| Program Services | $1,233,564 | ProgramServicesAmt |
| Management And General | $2,731,616 | ManagementAndGeneralAmt |
| Fundraising | $224,453 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,339,278 | TotalAmt |
| Program Services | $42,243,717 | ProgramServicesAmt |
| Management And General | $5,006,145 | ManagementAndGeneralAmt |
| Fundraising | $1,089,416 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,168,461 | TotalAmt |
| Program Services | $1,975,092 | ProgramServicesAmt |
| Management And General | $145,454 | ManagementAndGeneralAmt |
| Fundraising | $47,915 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,019,315 | TotalAmt |
| Program Services | $4,274,610 | ProgramServicesAmt |
| Management And General | $629,540 | ManagementAndGeneralAmt |
| Fundraising | $115,165 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,604,689 | TotalAmt |
| Program Services | $3,001,679 | ProgramServicesAmt |
| Management And General | $479,974 | ManagementAndGeneralAmt |
| Fundraising | $123,036 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $351,819 | TotalAmt |
| Program Services | $1,019 | ProgramServicesAmt |
| Management And General | $350,800 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,500 | TotalAmt |
| Management And General | $98,500 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,000 | TotalAmt |
| Program Services | $12,000 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $789,705 | TotalAmt |
| Management And General | $789,705 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,927,687 | TotalAmt |
| Program Services | $3,810,903 | ProgramServicesAmt |
| Management And General | $1,095,341 | ManagementAndGeneralAmt |
| Fundraising | $21,443 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,079,603 | TotalAmt |
| Program Services | $1,042,747 | ProgramServicesAmt |
| Management And General | $30,834 | ManagementAndGeneralAmt |
| Fundraising | $6,022 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,126,628 | TotalAmt |
| Program Services | $1,936,445 | ProgramServicesAmt |
| Management And General | $19,466 | ManagementAndGeneralAmt |
| Fundraising | $170,717 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,967,100 | TotalAmt |
| Program Services | $822,528 | ProgramServicesAmt |
| Management And General | $1,085,899 | ManagementAndGeneralAmt |
| Fundraising | $58,673 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,483,819 | TotalAmt |
| Program Services | $3,585,504 | ProgramServicesAmt |
| Management And General | $1,876,592 | ManagementAndGeneralAmt |
| Fundraising | $21,723 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,765,423 | TotalAmt |
| Program Services | $1,488,757 | ProgramServicesAmt |
| Management And General | $191,621 | ManagementAndGeneralAmt |
| Fundraising | $85,045 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $195,566 | TotalAmt |
| Program Services | $153,560 | ProgramServicesAmt |
| Management And General | $39,726 | ManagementAndGeneralAmt |
| Fundraising | $2,280 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,250,137 | TotalAmt |
| Program Services | $3,731,211 | ProgramServicesAmt |
| Management And General | $518,926 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,639,816 | TotalAmt |
| Program Services | $6,404,482 | ProgramServicesAmt |
| Management And General | $235,334 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $336,619 | TotalAmt |
| Management And General | $336,619 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| food service | $3,973,977 | $3,973,977 | |
| custodial contracts | $3,761,781 | $3,761,781 | |
| security contracts | $1,224,151 | $1,099,172 | $124,979 |
| grant overhead | $611,065 | $611,065 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,089,066 | TotalAmt |
| Program Services | $286,929 | ProgramServicesAmt |
| Management And General | $795,970 | ManagementAndGeneralAmt |
| Fundraising | $6,167 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,057,904 | TotalAmt |
| Program Services | $99,502,808 | ProgramServicesAmt |
| Management And General | $16,583,041 | ManagementAndGeneralAmt |
| Fundraising | $1,972,055 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$512,770 | BOYAmt |
| EOY | $514,824 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,214,169 | BOYAmt |
| EOY | $1,237,542 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,901,202 | BOYAmt |
| EOY | $10,186,134 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,928,341 | BOYAmt |
| EOY | $5,046,575 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,698,737 | BOYAmt |
| EOY | $1,726,949 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,934,475 | BOYAmt |
| EOY | $3,350,132 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $253,493,632 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $68,609,792 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $186,292,921 | BOYAmt |
| EOY | $184,883,840 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,248,465 | BOYAmt |
| EOY | $75,259,585 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,479,997 | BOYAmt |
| EOY | $110,426,075 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,848,952 | BOYAmt |
| EOY | $7,630,960 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $383,034,489 | BOYAmt |
| EOY | $400,262,616 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,999,518 | BOYAmt |
| EOY | $11,426,786 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,434,178 | BOYAmt |
| EOY | $1,473,425 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,107,934 | BOYAmt |
| EOY | $11,533,935 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,714,569 | BOYAmt |
| EOY | $89,636,767 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,218,991 | BOYAmt |
| EOY | $14,949,797 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,475,190 | BOYAmt |
| EOY | $129,020,710 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $229,833,999 | BOYAmt |
| EOY | $234,412,332 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,652,481 | BOYAmt |
| EOY | $19,711,014 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,072,819 | BOYAmt |
| EOY | $17,118,560 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,559,299 | BOYAmt |
| EOY | $271,241,906 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $383,034,489 | BOYAmt |
| EOY | $400,262,616 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,886,086 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $11,476,971 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$7,680,450 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $12,000 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $12,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B, Line 1: | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY PAID POLITICAL ADVANTAGE, LLC $12,000 FOR STATE SUPPORT OF READING RECOVERY PROJECTS. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $172,728,456 | BeginningYearBalanceAmt |
| Contributions | $1,935,798 | ContributionsAmt |
| Investment Earnings Or Losses | $21,158,255 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $390,661 | GrantsOrScholarshipsAmt |
| Other Expenditures | $9,746,194 | OtherExpendituresAmt |
| End Year Balance | $185,685,654 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $176,663,836 | BeginningYearBalanceAmt |
| Contributions | $8,046,323 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,040,776 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $374,141 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,566,786 | OtherExpendituresAmt |
| End Year Balance | $172,728,456 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $189,000,050 | BeginningYearBalanceAmt |
| Contributions | $312,859 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,307,555 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $338,102 | GrantsOrScholarshipsAmt |
| Other Expenditures | $9,003,416 | OtherExpendituresAmt |
| End Year Balance | $176,663,836 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $170,225,361 | BeginningYearBalanceAmt |
| Contributions | $1,209,134 | ContributionsAmt |
| Investment Earnings Or Losses | $25,487,087 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $280,810 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,640,722 | OtherExpendituresAmt |
| End Year Balance | $189,000,050 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $156,353,512 | BeginningYearBalanceAmt |
| Contributions | $4,525,397 | ContributionsAmt |
| Investment Earnings Or Losses | $16,594,366 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $276,028 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,971,886 | OtherExpendituresAmt |
| End Year Balance | $170,225,361 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.88130 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.08100 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.03770 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,274,549 | OtherCostOrOtherBasisAmt |
| Book Value | $16,274,549 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $135,320,236 | OtherCostOrOtherBasisAmt |
| Depreciation | $30,670,055 | DepreciationAmt |
| Book Value | $104,650,181 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $85,291,014 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,140,735 | DepreciationAmt |
| Book Value | $58,150,279 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,642,356 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,799,002 | DepreciationAmt |
| Book Value | $4,843,354 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $965,477 | OtherCostOrOtherBasisAmt |
| Book Value | $965,477 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $184,883,840 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| international equities | $67,371,934 | F |
| private real assets | $10,452,209 | F |
| private equities | $5,649,458 | F |
| directional hedge | $21,240,701 | F |
| absolute return | $5,711,773 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $110,426,075 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $130,678,926 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $11,476,971 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$4,952,330 | OtherRevenueAmt |
| Revenue Not Reported | $6,524,641 | RevenueNotReportedAmt |
| Revenue Subtotal | $124,154,285 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $789,705 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $789,705 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $124,943,990 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $119,996,319 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $2,728,120 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,728,120 | ExpensesNotReportedAmt |
| Expenses Subtotal | $117,268,199 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $789,705 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $789,705 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $118,057,904 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The University's endowment consists of approximately 90 individual funds established for a variety of purposes. Its endowment includes both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. As required by GAAP, net assets associated with endowment funds, including funds designated by the Board of Trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. |
| Part X, Line 2: | The 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 as its only significant tax position; however, the University has determined that such tax position does not result in an uncertainty requiring recognition. In addition, the University has identified certain minor tax positions with respect to certain of its activities that management did not consider material and, accordingly, such amounts were not recognized. The University's Federal and state tax returns are generally open for examination for three years following the date filed. |
| Part XI, Line 2d - Other Adjustments: | rental expenses 2,513,783. LOSS ON DEFEASEMENT OF DEBT -7,680,450. fundraising expenses 214,337. |
| Part XII, Line 2d - Other Adjustments: | rental expenses 2,513,783. fundraising expenses 214,337. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | Lesley University's racially nondiscriminatory policy is widely publicized through a variety of print and electronic media. The notification language set forth in Section 403 of Rev. Proc. 75-50 is included in Lesley's brochures and other publications which are available to the general public. |
| Schedule E, Part I, Line 6 | The university receives financial aid and assistance from the federal government in the form of federal programs and grants administered by the Department of Education. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | investing | $6,006,456 |
| North America | 0 | 0 | investing | $960,446 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $6,966,902 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $6,966,902 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | jim wilbur gala | Event1Nm |
| Gross Receipts Event1 | $221,309 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $221,309 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $60,631 | OtherDirectExpensesEvent1Amt |
| Event2 | penn gala/exhibit | Event2Nm |
| Gross Receipts Event2 | $248,924 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $248,924 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $20,700 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $133,006 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $470,233 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $470,233 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $20,700 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $193,637 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $214,337 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $255,896 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | scholarships | GrantTypeTxt |
| Recipient | 2130 | RecipientCnt |
| Non Cash Assistance | $14,052,066 | NonCashAssistanceAmt |
| Valuation Method Used | fmv | ValuationMethodUsedDesc |
| Non Cash Assistance | scholarships are given out as bursar credits to the student's account. | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | All grants provided by the university are for financial aid to students. Grants and other assistance are related to institutional financial aid for which students apply through the financial aid office. All aid is awarded based on certain guidelines and is credited directly to students' tuition accounts. All awards are directly related to the students' education at the institution's physical location and online courses in the United States. Students are required to maintain satisfactory academic progress in order to continue to receive financial aid. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| jeff a weiss | ||||||||||||||
| president | $220,205 | $0 | $0 | $0 | $276 | $0 | $0 | $0 | $14,464 | $0 | $234,945 | $0 | $0 | $0 |
| Wayne Selase Williams | ||||||||||||||
| Provost | $262,724 | $0 | $0 | $0 | $2,884 | $0 | $12,364 | $0 | $1,528 | $0 | $279,500 | $0 | $0 | $0 |
| Mary Lou Batt | ||||||||||||||
| VP of Administration | $220,730 | $0 | $0 | $0 | $1,962 | $0 | $16,018 | $0 | $2,360 | $0 | $241,070 | $0 | $0 | $0 |
| Bernice Bradin | ||||||||||||||
| VP of Finance/CFO | $215,526 | $0 | $0 | $0 | $2,433 | $0 | $15,056 | $0 | $11,129 | $0 | $244,144 | $0 | $0 | $0 |
| Shirin Philipp | ||||||||||||||
| VP & General Counsel | $205,208 | $0 | $0 | $0 | $279 | $0 | $13,317 | $0 | $719 | $0 | $219,523 | $0 | $0 | $0 |
| Mary Lou Dymski | ||||||||||||||
| VP of Budgeting & Financial planning | $203,220 | $0 | $0 | $0 | $1,212 | $0 | $14,632 | $0 | $715 | $0 | $219,779 | $0 | $0 | $0 |
| Jonathon H Gillette | ||||||||||||||
| Dean of GSOE | $195,153 | $0 | $0 | $0 | $1,684 | $0 | $12,907 | $0 | $8,981 | $0 | $218,725 | $0 | $0 | $0 |
| Janis M Sagarin | ||||||||||||||
| VP of Advancement | $179,159 | $0 | $0 | $0 | $374 | $0 | $11,682 | $0 | $20,212 | $0 | $211,427 | $0 | $0 | $0 |
| Richard J Zauft | ||||||||||||||
| Dean of LUCAD | $179,544 | $0 | $0 | $0 | $1,034 | $0 | $11,358 | $0 | $1,416 | $0 | $193,352 | $0 | $0 | $0 |
| lisa ijiri | ||||||||||||||
| Associate Provost | $171,794 | $0 | $0 | $0 | $2,438 | $0 | $10,953 | $0 | $2,835 | $0 | $188,020 | $0 | $0 | $0 |
| Mary Patricia Lohse | ||||||||||||||
| Chief of Staff/sr. advisor to pres. | $161,781 | $0 | $0 | $0 | $150 | $0 | $11,827 | $0 | $30,108 | $0 | $203,866 | $0 | $0 | $0 |
| timothy robison | ||||||||||||||
| VP of Enrollment Management | $164,271 | $0 | $0 | $0 | $622 | $0 | $1,810 | $0 | $16,289 | $0 | $182,992 | $0 | $0 | $0 |
| Nathaniel G Mays | ||||||||||||||
| Dean of Students | $149,113 | $0 | $0 | $0 | $450 | $0 | $10,868 | $0 | $2,490 | $0 | $162,921 | $0 | $0 | $0 |
| Irene Fountas | ||||||||||||||
| Program Director, AFAC | $167,774 | $0 | $0 | $0 | $1,383 | $0 | $12,331 | $0 | $9,544 | $0 | $191,032 | $0 | $0 | $0 |
| anne m collins | ||||||||||||||
| Center Director, AFAC | $122,452 | $0 | $0 | $0 | $34,669 | $0 | $9,095 | $0 | $4,393 | $0 | $170,609 | $0 | $0 | $0 |
| george smith | ||||||||||||||
| Dir. of Operations & Campus planning | $147,551 | $0 | $0 | $0 | $2,728 | $0 | $11,132 | $0 | $18,072 | $0 | $179,483 | $0 | $0 | $0 |
| JONATHAN K JEFFERSON | ||||||||||||||
| Chair, Business & Communication | $126,344 | $0 | $0 | $0 | $38,165 | $0 | $8,011 | $0 | $1,272 | $0 | $173,792 | $0 | $0 | $0 |
| Joseph B Moore | ||||||||||||||
| President (former) | $438,910 | $0 | $40,000 | $0 | $180,664 | $0 | $79,977 | $0 | $46,343 | $0 | $785,894 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | When the president's spouse travels and it is paid for by the university, she is performing duties on behalf of the university. The President resides in a university-owned housing, which is less than 1/2 mile from main campus. By locating him in close proximity to the University, it helps to make the President available for the daily interaction between the community and the University staff/students/alumni/donors and physical plants. The University-provided housing is geographically integrated with the University's educational property. The President's residence has been owned by the University for a substantial number of years. Prior Presidents have been required to reside there. The President performs many University tasks and functions at the residence. The residence is furnished for the convenience of the University and is required to be occupied by the President as a condition of his employment. As the University's principal fund-raiser, the President entertains actual or potential benefactors, visiting dignitaries and community leaders in the residence. The heaviness of the President's administrative workload, the presence of University-related social functions and the number of conferences scheduled with students or faculty members require access to the majority of the residence. In addition, the University conducts other events that are essential to its educational exemption. In lieu of the aforementioned intricacies of multiple uses by many multiple parties involved, it is impractical and would not be considered an accurate calculation of the fair market value of qualified campus lodging furnished to the President. Due to these factors, the University has decided to omit entering the estimated amount of tax free housing allowance provided in column F of Form 990, Part VII, Section A and Schedule J, Part II, Column D - "Nontaxable Benefits". The university provides a house cleaner for the president and also performs all necessary maintenance on the home. The president is also reimbursed for expenses relating to financial services advice. |
| Part I, Line 4b | joseph moore participated in a 457(f) retirement plan and the university contributed $172,498. |
| Part I, Line 7 | For the president of the university, a bonus of up to $50,000 may be awarded. The board of trustees determines the amount based on the board's assessment of the president achieving certain agreed upon goals. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| Mass Health and Educational Facilities Authority | ||||||||
| A | 042456011 | 57586egp0 | 2009-03-10 | $56,221,393 | Fund new capital projects | 0 | 0 | 0 |
| mass development finance agency | ||||||||
| B | 043431814 | 57583r7z2 | 2011-03-30 | $32,013,314 | Refinance existing debt and fund new capital projects | 0 | 0 | 0 |
| mass development finance agency | ||||||||
| C | 043431814 | 000000000 | 2012-08-20 | $5,030,300 | refinance existing debt | 0 | 0 | 0 |
| mass development finance agency | ||||||||
| D | 043431814 | 57584xv57 | 2016-09-13 | $45,905,000 | refinance existing debt and fund new capital projects | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Refunding EscrowRefundingEscrowAmt | UnspentUnspentAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $54,313,641 | $56,221,393 | $1,103,780 | $24,146 | $611,025 | $827,429 | $49,848,618 | $28,687 | 2010 | 0 | 0 | Yes (1) | Yes (1) | ||
| B | $32,013,314 | $1,589,607 | -$49,929 | $497,603 | $500,819 | $3,872,932 | $1,672,796 | 2013 | 0 | Yes (1) | Yes (1) | Yes (1) | |||
| C | $5,030,300 | $428 | 2012 | 0 | Yes (1) | Yes (1) | Yes (1) | ||||||||
| D | $55,979,787 | $18,717 | $544,696 | $1,344,873 | 0 | Yes (1) | 0 | Yes (1) | $53,211,326 | $3,673,843 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.01330 | 0.01330 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.03110 | 0.03110 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00290 | 0.00290 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0.00000 | 0.01140 | 0.01140 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Date Rebate Computation Performed | FormAndLineReferenceDesc |
| Explanation | Issuer Name: Mass. Health and Educational Facilities Authority Date the Rebate Computation was Performed: 06/30/2017 Issuer Name: mass. development finance agency Date the Rebate Computation was Performed: 06/30/2017 | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | john moriarty & associates | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | spouse of trustee | RelationshipDescriptionTxt |
| Transaction | $274,771 | TransactionAmt |
| Transaction | payment for construction services. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 32 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,446,049 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | fmv on date of sale | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | The number reported in Column (b) of Schedule M represents the number of contributions of each item. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Line 4a continuation: | Core Values Inquiry: Lesley University is devoted to academic excellence through active teaching, engaged learning, and individual student development. We design and deliver innovative, interdisciplinary academic programs that value inspired teachers, curious learners, relevant scholarship, and real-life application. Community: Learning is an individual and collective endeavor that involves students, educators, families, and communities. We believe in the power of collaboration and its impact on personal and social development. Diversity: Our community respects, values, and benefits from the individual, demographic and cultural differences of our students, faculty, and staff. As an academic community, our creativity, critical thinking, and problem-solving approaches are shaped by this diversity. Through their varied learning experiences, Lesley students develop the tools to effectively interact with diverse populations and strive for social justice and equity. Citizenship: Higher educational institutions have a responsibility to prepare their graduates to participate in the cultural, political and economic life of their community, nation and world. This democratic ideal is reflected in Lesley's academic environment that encourages scholarship, freedom of expression, and the open exchange of ideas. |
| Form 990, Part VI, Section B, line 11b | Once Management reviews the 990, it is forwarded to the Audit Committee for review. It is also placed on a secure website for all the trustees to review prior to filing. |
| Form 990, Part VI, Section B, line 12c | Each year, each member of the Board of Trustees, all officers and each key employee is asked to review the University's Conflict of Interest Policy and submit a disclosure statement regarding any conflicts of interest they may have. New Trustees and key employees are asked to review the Policy and submit a disclosure statement regarding any conflicts of interest they may have upon commencement of their term or their employment. The Assistant clerk collects the disclosure statements. The Policy describes a process for the review of potential and actual conflicts of interest by the Board of Trustees or a committee of the Board. |
| Form 990, Part VI, Section B, line 15a | PRESIDENT WEISS' EMPLOYMENT AGREEMENT AND COMPENSATION WERE REVIEWED AND APPROVED IN ADVANCE BY THE INDEPENDENT MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. IN MAKING ITS DECISION, THE BOARD OF TRUSTEES REVIEWED COMPARABILITY DATA PROVIDED BY A THIRD- PARTY COMPENSATION CONSULTANT. THE BOARD'S DECISION WAS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. |
| Form 990, Part VI, Section C, line 19 | All governing documents and financial statements are available upon request. Our financial statements are also available on the NACUBO website. Our Forms 990 (current and prior three years) are also available on the Official Website of the Attorney General of Massachusetts at www.charities.ago.state.ma.us and GuideStar at www2.guidestar.org. We also make our Form 990, IRS Determination Letter, Form 990-T, articles of organization, and bylaws available to the public upon request. Our audited financial statements are also available on the Official Website of the Attorney General of Massachusetts at www.charities.ago.state.ma.us. |
| Form 990, Part XI, line 9: | LOSS OM DEFEASEMENT OF DEBT -7,680,450. |