2018-05-14T21:59:01-05:00 2017-06-30 KPMG LLP 1676 INTERNATIONAL DRIVE McLean VA 22102 990 2016-07-01 590936101 Embry-Riddle Aeronautical University Inc % JARE ALLOCCO ALLEN EMBR 3862266000 600 SOUTH CLYDE MORRIS BOULEVARD DAYTONA BEACH FL 32114 RANDALL B HOWARD PHD Senior VP and CFO 2018-05-14 true Raymond Ly P01205643 7032868000 2018-05-11 2016 2022-09-23 18:48:47Z P Barry Butler 600 S Clyde Morris Blvd DAYTONA BEACH FL 32114 504585040 false X www.erau.edu X 1960 FL EMBRY-RIDDLE AERONAUTICAL UNIVERSITY IS AN INDEPENDENT, NON-PROFIT, CULTURALLY DIVERSE INSTITUTION PROVIDING QUALITY EDUCATION (CONTINUED ON SCHEDULE O) 14 13 6648 0 73222 9612360 15825404 431382743 461432643 -1245399 14654683 235451 351312 439985155 492264042 76776903 87459397 0 0 206662867 221225271 0 0 1615981 127984368 121270076 411424138 429954744 28561017 62309298 700372688 761569391 306389789 305277194 393982899 456292197 X ERAU-WORLDWIDE. EMBRY-RIDDLE PREPARES GRADUATES FOR PRODUCTIVE CAREERS AND RESPONSIBLE CITIZENSHIP WITH SPECIAL EMPHASIS ON THE NEEDS OF AVIATION, AEROSPACE, ENGINEERING AND RELATED FIELDS. THE CURRICULUM EMPHASIZES COMMUNICATION AND ANALYTICAL SKILLS, UNDERSTANDING THE FREE ENTERPRISE SYSTEM, EXTENDING THE KNOWLEDGE OF AVIATION AND AEROSPACE, PROMOTING ETHICAL BEHAVIOR, DELIVERING CONTINUING EDUCATIONAL OPPORTUNITIES FOR ADULTS, DEVELOPING BROADLY EDUCATED INDIVIDUALS, AND ENGAGING IN RESEARCH THAT ADDRESSES NEEDS IN AVIATION AND AEROSPACE-RELATED INDUSTRIES. SEE HTTP://WWW.ERAU.EDU/ FOR INFORMATION. false false 326828952 87459397 460104853 EMBRY-RIDDLE AERONAUTICAL UNIVERSITY PROVIDED COMPREHENSIVE EDUCATION LEADING TO UNDERGRADUATE,GRADUATE, AND DOCTORAL DEGREES, SEMINARS, SHORT COURSES AND RESEARCH ACTIVITY TO PART-TIME AND FULL-TIME STUDENTS. 326828952 true true false true false false false true false true true false false false true true true true true true true false false false true false false true true true true false false false false false false false true false true true false false false true true true true false false true X 34679 0 true 6648 true true true true BR GM SN false false false true true false false false false X 14 13 false false false false false false false true true false false true true true true true true true false false AZ FL X X JARE ALLOCCO ALLEN 3863238078 600 S CLYDE MORRIS BOULEVARD DAYTONA BEACH FL 32114 X MORI HOSSEINI BOARD MEMBER - CHAIRMAN 5.0 0.0 X X 0 0 0 JAMES HENDERSON BOARD MEMBER - VICE CHAIRMAN 5.0 0.0 X X 0 0 0 JOSEPH MARTIN BOARD MEMBER - 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WITHIN THE STATE, THE UNIVERSITYS LOBBYING ACTIVITY ARE PRIMARILY DONE IN SUPPORT OF PROGRAMS THAT BENEFIT STUDENTS OF PRIVATE INSTITUTIONS WITHIN THE STATE OF FLORIDA (E.G. THE FLORIDA RESIDENT ACCESS GRANT PROGRAM THAT PROVIDES SCHOLARSHIPS TO FLORIDA RESIDENTS WHO ATTEND PRIVATE INSTITUTIONS) AND OTHER STATE POLICY OR FUNDING ISSUES THAT ARE OF INTEREST TO THE UNIVERSITY. AT THE FEDERAL LEVEL, EMBRY-RIDDLES LOBBYING ACTIVITY FOCUSES ON SUPPORT OF ITS RESEARCH CENTERS AND OTHER EDUCATIONAL INITIATIVES. FEDERAL LOBBYING EFFORTS ALSO FOCUS ON ADVOCATING FOR POLICY DEVELOPMENT WITHIN THE FEDERAL AVIATION ADMINISTRATION (FAA) THAT WILL POSITIVELY IMPACT THE UNIVERSITYS STUDENTS, AS THEY PROGRESS THROUGH PILOT OR AIR TRAFFIC MANAGEMENT EDUCATIONAL PROGRAMS - TWO AREAS HEAVILY REGULATED BY THE FAA. THE UNIVERSITY WORKS TO MAKE THE FAA AWARE OF HOW POTENTIAL POLICY CHANGES AFFECT COLLEGIATE PROGRAMS. 1935035 X X false 107307000 3163000 15260000 1131000 124599000 93183000 16787000 -133000 2530000 107307000 87614000 2693000 3796000 920000 93183000 73660000 1056000 15008000 2110000 87614000 63052000 1935000 9379000 706000 73660000 0.66000 0.22000 0.12000 false false 8215059 8215059 413673377 164646212 249027165 208281444 142383799 65897645 118425483 37615639 80809844 403949713 0 ADVANCES FOR STUDENT LOANS & FIN AID 10125101 STUDENT DEPOSITS & ADVANCE PAYMENTS 6497661 16622762 X 407908343 407908343 84355699 84355699 492264042 345599045 345599045 84355699 84355699 429954744 SCHEDULE D, PART III, LINE 4 REFERENCE COLLECTIONS INCLUDE ACCIDENT INVESTIGATION CASE FILES; TECHNICAL PAPERS, REPORTS AND REFERENCE MATERIALS. THE COLLECTION IS OPEN FOR ACADEMIC AND PUBLIC RESEARCH. THE PUBLIC ART COLLECTION IS A SERIES OF 25 PIECES OF FINE ART INCLUDING, BUT NOT LIMITED TO, SCULPTURES, STATUES AND PAINTINGS. THIS COLLECTION SERVES TO ENRICH THE CULTURAL AND EDUCATIONAL ENVIRONMENT OF THE UNIVERSITY. SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS ARE USED PRIMARILY FOR STUDENT SCHOLARSHIPS. SCHEDULE D, PART X, LINE 2 THE UNIVERSITY IS QUALIFIED AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. NO PROVISION FOR INCOME TAXES WAS REQUIRED FOR FISCAL YEARS 2017 OR 2016. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF JUNE 30, 2017, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. SCHEDULE D, PART XI, LINE 4B $84,355,699 OF INSTITUTIONALLY FUNDED SCHOLARSHIP EXPENSE WAS REPORTED ON THE AUDITED FINANCIAL STATEMENTS AS A CONTRA-REVENUE ACCOUNT. SCHEDULE D, PART XII, LINE 4B $84,355,699 OF INSTITUTIONALLY FUNDED SCHOLARSHIP EXPENSES WERE REPORTED ON THE FINANCIAL STATEMENTS AS A CONTRA-REVENUE ACCOUNT. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 PUBLICATION OF NON-DISCRIMINATORY POLICY THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, SEX, COLOR, NATIONAL OR ETHNIC ORIGIN, AGE, RELIGION, DISABILITY, MARITAL STATUS, SEXUAL ORIENTATION, GENETIC INFORMATION, MILITARY STATUS, OR ANY OTHER LEGALLY PROTECTED CLASSIFICATION IN THE ADMINISTRATION OF ANY OF ITS EDUCATIONAL PROGRAMS AND ACTIVITIES OR WITH RESPECT TO ADMISSION OR EMPLOYMENT. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FINANCIAL ASSISTANCE FROM FEDERAL AND STATE AGENCIES FOR STUDENT FINANCIAL AID AND ACADEMIC RESEARCH. East Asia and the Pacific 1 17 Program Services Higher Education 3643698 Europe (Including Iceland and Greenland) 1 4 Program Services Higher Education 302681 South America 1 1 Program Services Higher Education 56000 Central America and the Caribbean Investments 5725876 3 22 3 22 9728255 9728255 true false true true true false Blue Gold Gala 210886 142896 67990 0 0 0 3407 500 42301 Golf Tourn. 33850 20702 13148 0 0 6840 60 0 79 0 0 0 0 0 0 0 0 0 0 244736 163598 81138 0 0 6840 3467 500 42380 53187 27951 true County of Volusia Library Sprt CTR 1290 Indian Lake R Daytona Beach FL 32124 596000885 Govt. 8500 support technology at city library Firespring Fund 101 S GARLAND AVESTE 101 ORLANDO F Orlando FL 32801 474227979 501(c)(3) 1000000 Support local economic development Kiddie Hawk Air Academy 4 West Dry Creek Circle Suite 100 Littleton CO 80120 841482078 501(c)(3) 25000 Support Aviation education 3 0 Students 15594 86425897 FMV Financial Assistance SCHEDULE I, PART I, LINE 2 FINANCIAL AID FUNDS ARE AWARDED AND MONITORED BY THE FINANCIAL AID DEPARTMENT. RESEARCH AWARDS ARE MONITORED BY THE OFFICE OF SPONSORED RESEARCH. X X X X X true true X X X false false false false false false false false false KAREN HOLBROOK INTERIM PRESIDENT 250304 0 100 0 44780 0 23841 0 7442 0 326467 0 0 0 JOHN WATRET INTRM PRESIDENT-CHANCELLOR,WW 346693 0 100 0 1200 0 25175 0 16710 0 389878 0 0 0 RANDALL B HOWARD Senior VP and CFO 381733 0 15100 0 1200 0 25175 0 276 0 423484 0 0 0 RICHARD HEIST CHF ACDMC OFFCR, DTNA BCH CMPS 292824 0 15000 0 1200 0 25175 0 11671 0 345870 0 0 0 FRANCIS AYERS CHANCELLOR, PRESCOTT CAMPUS 273930 0 15100 0 6600 0 25175 0 276 0 321081 0 0 0 RODNEY CRUISE SVP ADMINISTRATION 270529 0 15100 0 1200 0 25175 0 11707 0 323711 0 0 0 WILLIAM HAMPTON SVP EXTERNAL RELATIONS 269672 0 15100 0 1200 0 25175 0 7442 0 318589 0 0 0 TIM BRADY CHNCLLR, DAYTONA BEACH CAMPUS 230312 0 15100 0 1200 0 21064 0 11657 0 279333 0 0 0 MAJ DEAN MIRMIRANI SVP ACADEMIC AFFAIRS/RESEARCH 240717 0 100 0 1200 0 21778 0 240 0 264035 0 0 0 BRADFORD SIMS CHANCELLOR, WORLDWIDE 226481 0 100 0 1200 0 21909 0 16710 0 266400 0 0 0 CHARLIE SEVASTOS CHIEF LEGAL COUNCIL 201069 0 10100 0 1200 0 19306 0 6742 0 238417 0 0 0 BRANDON YOUNG VICE PRESIDENT, CHRO 192280 0 10100 0 1200 0 18665 0 14978 0 237223 0 0 0 REBECCA VASQUEZ VICE PRESIDENT, CIO 188246 0 10100 0 1200 0 17842 0 276 0 217664 0 0 0 JOHN JOHNSON PRESIDENT EMERITUS 471596 0 0 0 27462 0 25175 0 11682 0 535915 0 0 0 STEVEN RIDDER DB HD Basketball Coach 407829 0 100 0 40339 0 25175 0 16710 0 490153 0 0 0 SCOTT SHAPPELL Professor 217490 0 100 0 0 0 20422 0 16710 0 254722 0 0 0 CHRISTINA FREDERICK PROFESSOR 214413 0 397 0 369 0 20741 0 10857 0 246777 0 0 0 SUSAN ALLEN DISTINGUISHED PROFESSOR 213129 0 130 0 0 0 20422 0 16710 0 250391 0 0 0 Anastasios Lyrintzis Distinguished Professor 210439 0 130 0 600 0 20092 0 14978 0 246239 0 0 0 SCHEDULE J PART I, LINE 1A FIRST-CLASS TRAVEL HAS BEEN APPROVED FOR THE PRESIDENT AND HIS SPOUSE BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND AS STATED IN THE PRESIDENT'S EMPLOYMENT CONTRACT. ON A VERY INFREQUENT BASIS, TRUSTEES ALSO TRAVEL FIRST-CLASS FOR THE ONGOING BUSINESS OF THE UNIVERSITY. CABINET MEMBERS AND EMPLOYEES MAY ALSO TRAVEL FIRST CLASS IN CERTAIN CASES AND MUST BE APPROVED IN ADVANCE BY THE PRESIDENT OR SENIOR VICE PRESIDENT AND CFO. WHEN IT IS NOT FEASIBLE TO TRAVEL COMMERCIAL CLASS, CHARTER TRAVEL MAY BE USED AS APPROVED IN ADVANCE BY THE PRESIDENT OR SENIOR VICE PRESIDENT AND CFO. TRAVEL FOR SPOUSE/COMPANIONS A SPOUSE/COMPANION OF CABINET MEMBERS, TRUSTEES, AND OTHER EMPLOYEES OF THE UNIVERSITY MAY TRAVEL TO FUNCTIONS OR OTHER EVENTS RELATED TO THE ONGOING BUSINESS OF THE UNIVERSITY. THE UNIVERSITY WILL REIMBURSE FOR SPOUSE/COMPANION TRAVEL ONLY WHEN THERE IS A BONA FIDE BUSINESS PURPOSE FOR THE PRESENCE OF THE SPOUSE/COMPANION. ALL SPOUSE/COMPANION TRAVEL TO BE REIMBURSED MUST BE PREAPPROVED BY AN INDIVIDUAL IN THE EMPLOYEE'S SUPERVISORY CHAIN WHO IS A SENIOR LEADER AND BY THE SENIOR VICE PRESIDENT AND CFO. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS IN EXPRESSION OF APPRECIATION TO ALL STAFF (INCLUDING OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES) A NOMINAL AMOUNT WAS PAID AS A BONUS AND GROSSED UP FOR ESTIMATED TAXES. THE BONUS WAS TREATED AS FULLY TAXABLE COMPENSATION. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - HOUSING ALLOWANCE IS PROVIDED TO THE PRESIDENT AS APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND STATED IN THE PRESIDENT'S EMPLOYMENT CONTRACT. HOUSING IS PROVIDED TO A KEY EMPLOYEE. THE HOUSING IS FURNISHED ON THE BUSINESS PREMISES OF THE UNIVERSITY, AT THE CONVENIENCE OF THE UNIVERSITY, AND THE EMPLOYEE IS REQUIRED TO ACCEPT SUCH LODGING AS A CONDITION OF EMPLOYMENT. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - DUES FOR THE PRESIDENT AS APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND STATED IN THE PRESIDENT'S EMPLOYMENT CONTRACT FOR BUSINESS AND FUNDRAISING PURPOSES. A VOLUSIA COUNTY EDUCATIONAL FACILITIES 800000613 928836KBO 2011-07-07 43010368 REFUND 1999A&B BONDS false false false B VOLUSIA COUNTY EDUCATIONAL FACILITIES 800000613 000000000 2013-11-08 25820000 REFUND SERIES 2003 false false false C VOLUSIA COUNTY EDUCATIONAL FACILITIES 800000613 000000000 2015-02-12 50740000 PARTIALLY REFUND SERIES 2005 AND R false false false D VOLUSIA COUNTY EDUCATIONAL FACILITIES 800000613 928836KYO 2015-03-23 76273696 CONSTRUCTION AND CAPITAL IMPROVEME false false false A 11235000 0 43010368 4200392 0 0 561230 521903 0 0 37726842 0 2002 true false true true B 5505000 0 25820000 2582000 0 0 181750 0 0 0 23056250 0 2006 true false true true C 4405000 0 50740000 0 0 0 324722 0 0 0 50415278 0 2010 false true true true D 724300 0 76299686 0 0 0 773696 0 0 0 60386666 15139324 false false false true A false false false false 0.00000 0.00000 false false false true B false false true false true false 0 false false false true C false false true false true false 0.02430 0.02430 false false false true D false false false false 0.00000 0.00000 false false false true A false true false false false false 0 false 0 false true B false true false false false false 0 false 0 false true C false true false false false false 0 false 0 false true D false true false false false false 0 false 0 false true A true B true C true D true SCHEDULE K, PART I, COLUMN F 07/07/2011 43,010,368 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - SERIES 2011 - REFUNDING - SERIES 1999A AND 1999B ISSUE DATED 7/13/1999. SCHEDULE K, PART I, COLUMN F 11/08/2013 25,820,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - SERIES 2013 - REFUNDING SERIES 2003 ISSUE DATED 8/21/2003 SCHEDULE K, PART I, COLUMN F 02/12/2015 50,740,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - SERIES 2015A - PARTIAL REFUNDING - SERIES 2005 ISSUE DATED 8/18/2005 SCHEDULE K, PART I, COLUMN F 03/23/2015 76,273,696 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - SERIES 2015B BONDS OTHER UNSPENT PROCEEDS INCLUDE PROCEEDS OF ISSUE AND INVESTMENT EARNINGS. SCHEDULE K, PART II, LINE 11 07/07/2011 43,010,368 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE. SCHEDULE K, PART II, LINE 11 11/08/2013 25,820,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE. SCHEDULE K, PART II, LINE 11 02/12/2015 50,740,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE. SCHEDULE K, PART II, LINE 12 03/23/2015 76,273,696 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - THE OTHER UNSPENT PROCEEDS ARE THE PROCEEDS IN THE CONSTRUCTION FUND. SCHEDULE K, PART IV, LINE 2C 07/07/2011 43,010,368 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - REBATE COMPUTATIONS COMPLETED 6/30/17. SCHEDULE K, PART IV, LINE 2C 11/08/2013 25,820,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - REBATE COMPUTATIONS COMPLETED 6/30/17. SCHEDULE K, PART IV, LINE 2C 02/12/2015 50,740,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - REBATE COMPUTATIONS COMPLETED 6/30/17. SCHEDULE K, PART IV, LINE 2C 03/23/2015 76,273,696 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - REBATE COMPUTATIONS COMPLETED 6/30/17. SCHEDULE K, PART I, COLUMN F 07/01/2015 26,535,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - SERIES 2015C - REFUNDING - PARTIAL REFUNDING SERIES 2005 ISSUE DATED 8/18/2005 AND REFUNDING SERIES 1996A ISSUE DATED 4/11/1996. SCHEDULE K, PART II, LINE 11 07/01/2015 26,535,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE. SCHEDULE K, PART IV, LINE 2C 07/01/2015 26,535,000 VOLUSIA COUNTY EDUCATIONAL FACILITIES AUTHORITY - REBATE COMPUTATIONS COMPLETED 6/30/17. A VOLUSIA COUNTY EDUCAIONAL FACILITIES AUTHORITY 800000613 000000000 2015-07-01 26535000 PARTIALLY REFUND SERIES 2005 AND R false false false A 1600000 0 26535000 0 0 0 105499 0 0 0 26429501 0 2010 true false true true A false false false false 0.01860 0.01860 false false false true A false true false false false false 0 false 0 false true A true HF COMMERCIAL INVESTMENTS LLP TRUSTEE HOSSEINI, PRINCIPAL 261699 LEASE OFFICE SPACE false X 4 725 Sale of comparable X 2 4675 Sale of comparable X 917 Donated item cost X 6810 Donated item cost X 2 115002 FMV of property X 10 1725 Sale of comparable X 11 795 Donated item cost X 3 775 Donated item cost X Equipment-Machinery 11 55492 Donated item cost X Gift Certificates, real property 195 57558 Donated item cost 0 false true false FORM 990 PART I, LINE 1 EMBRY-RIDDLE AERONAUTICAL UNIVERSITY IS AN INDEPENDENT, NON-PROFIT, CULTURALLY DIVERSE INSTITUTION PROVIDING QUALITY EDUCATION AND RESEARCH IN AVIATION, AEROSPACE, ENGINEERING AND RELATED FIELDS LEADING TO ASSOCIATE, BACHELOR'S, MASTER'S AND DOCTORAL DEGREES. OUR MISSION IS TO TEACH THE SCIENCE, PRACTICE AND BUSINESS OF AVIATION AND AEROSPACE, PREPARING STUDENTS FOR PRODUCTIVE CAREERS AND LEADERSHIP ROLES IN SERVICE AROUND THE WORLD. OUR TECHNOLOGICALLY, ENRICHED, STUDENT-CENTERED ENVIRONMENT EMPHASIZES LEARNING THROUGH COLLABORATION AND TEAMWORK, CONCERN FOR ETHICAL AND RESPONSIBLE BEHAVIOR, CULTIVATION OF ANALYTICAL AND MANAGEMENT ABILITIES, AND A FOCUS ON THE DEVELOPMENT OF THE PROFESSIONAL SKILLS NEEDED FOR PARTICIPATION IN A GLOBAL COMMUNITY. EMBRY-RIDDLE IS COMMITTED TO PROVIDING A CLIMATE THAT FACILITATES THE HIGHEST STANDARDS OF ACADEMIC ACHIEVEMENT AND KNOWLEDGE DISCOVERY, IN AN INTERPERSONAL ENVIRONMENT THAT SUPPORTS THE UNIQUE NEEDS OF EACH INDIVIDUAL. Form 990, Part VI, Section B, Line 11b PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE SENIOR VICE PRESIDENT AND CFO AND INDEPENDENT TAX ACCOUNTANTS AT KPMG LLP. ADDITIONALLY, ALL MEMBERS OF THE BOARD OF TRUSTEES ARE PROVIDED AN ELECTRONIC COPY OF THE COMPLETE FORM PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c THE UNIVERSITY'S INTERNAL AUDIT DEPARTMENT ANNUALLY SENDS OUT AND RECEIVES CONFLICTS OF INTEREST DISCLOSURE FORMS FROM UNIVERSITY EMPLOYEES AND BOARD OF TRUSTEES. MOREOVER, ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED, EVALUATED, AND MONITORED BY THE UNIVERSITY'S OFFICE OF GENERAL COUNSEL. CONFLICTS ARE EITHER RESOLVED OR FORWARDED TO HUMAN RESOURCES AND THE PARTICULAR EMPLOYEE'S SUPERVISORY CHAIN OF COMMAND FOR DISCIPLINARY ACTION FOR AN UNRESOLVED CONFLICT OF INTEREST. Form 990, Part VI, Section B, Line 15 THE UNIVERSITY'S VICE PRESIDENT OF HUMAN RESOURCES AND PRESIDENT REVIEW COMPARABILITY DATA FOR ALL UNIVERSITY TOP MANAGEMENT EMPLOYEES, AND THE PRESIDENT IS REQUIRED TO APPROVE ALL SALARIES AT OR ABOVE $200,000. THE VICE PRESIDENT OF HUMAN RESOURCES PROVIDES SALARY AND BENEFIT COMPARABILITY DATA TO THE CHAIRMAN OF THE BOARD OF TRUSTEES WHO REVIEWS THE DATA WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IN RELATION TO SALARY AND BENEFITS OF THE PRESIDENT AND CEO. Form 990, Part VI, Section C, Line 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 AND AUDITED CONSOLIDATED FINANCIAL STATEMENTS ARE DISCLOSED ON THE UNIVERSITY'S WEBSITE. 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