2018-01-31T17:49:27-05:00 2016-12-31 591949459 HINKLE RICHTER & RHINE LLP 777 E ATLANTIC AVE STE 226 DELRAY BEACH FL 334835359 990 2016-01-01 650216638 EVERGLADES COLLEGE INC EVER 9547764476 1900 W COMMERCIAL BLVD STE 180 FORT LAUDERDALE FL 33309 JOSEPH BERARDINELLI TREAS/SR V CHANCELLO 9547764476 2017-05-10 true SCOTT T RHINE P00035886 5613142201 2018-01-31 977CFCB9C685DC8DED6EB91A22541EBE6B77B20C 2ECD5F2415C29E6F6C389B7D65DC4ABFDC558C3D 2016 2021-01-29 14:40:06Z HURRICANE IRMA KEISER UNIVERSITY & EVERGLADES UNIV GREG WALLICK 1900 W COMMERCIAL BLVD STE 180 FORT LAUDERDALE FL 33309 428963330 false X WWW.KEISERUNIVERSITY.EDU/WWW.EVERGLADE X 2000 FL KEISER UNIVERSITY AND EVERGLADES UNIVERSITY ARE REGIONALLY ACCREDITED PRIVATE CAREER UNIVERSITIES THAT PROVIDE EDUCATIONAL PROGRAMS AT THE UNDERGRADUATE AND GRADUATE LEVELS FOR A DIVERSE STUDENT BODY IN TRADITIONAL, NONTRADITIONAL AND ONLINE DELIVERYFORMATS. THE MAIN CAMPUS IS LOCATED IN FORT LAUDERDALE, WITH CAMPUSES LOCATED THROUGHOUT THE STATE OF FLORIDA AND INTERNATIONALLY. THROUGH QUALITY TEACHING, LEARNING AND RESEARCH, THE UNIVERSITY IS COMMITTED TO PROVIDE STUDENTS WITH OPPORTUNITIES TO DEVELOP THE KNOWLEDGE, UNDERSTANDING AND SKILLS NECESSARY FOR SUCCESSFUL EMPLOYMENT. COMMITTED TO A "STUDENTS FIRST" PHILOSOPHY, KEISER UNIVERSITY PREPARES GRADUATES FOR CAREERS IN BUSINESS, CRIMINAL JUSTICE, HEALTH CARE, TECHNOLOGY, HOSPITALITY, EDUCATION AND CAREER-FOCUSED STUDIES. THE MISSION OF EVERGLADES UNIVERSITY IS TO PROVIDE QUALITY EDUCATION TO ADULT LEARNERS OF DIVERSE BACKGROUNDS IN A COLLABORATIVE ENVIRONMENT WHERE EACH INDIVIDUAL HAS THE OPPORTUNITY TO ACHIEVE PERSONAL GROWTH. THE 9 9 3679 0 10918115 702554 415337008 424723774 2520718 3273165 366009 263837 429141850 428963330 46211730 35494994 0 172068555 180456885 0 0 228145446 235202809 446425731 451154688 -17283881 -22191358 559413356 558302645 340773562 362330768 218639794 195971877 X KEISER UNIVERSITY AND EVERGLADES UNIVERSITY ARE REGIONALLY ACCREDITED PRIVATE CAREER UNIVERSITIES THAT PROVIDE EDUCATIONAL PROGRAMS AT THE UNDERGRADUATE AND GRADUATE LEVELS FOR A DIVERSE STUDENT BODY IN TRADITIONAL, NONTRADITIONAL AND ONLINE DELIVERYFORMATS. THE MAIN CAMPUS IS LOCATED IN FORT LAUDERDALE, WITH CAMPUSES LOCATED THROUGHOUT THE STATE OF FLORIDA AND INTERNATIONALLY. THROUGH QUALITY TEACHING, LEARNING AND RESEARCH, THE UNIVERSITY IS COMMITTED TO PROVIDE STUDENTS WITH OPPORTUNITIES TO DEVELOP THE KNOWLEDGE, UNDERSTANDING AND SKILLS NECESSARY FOR SUCCESSFUL EMPLOYMENT. COMMITTED TO A "STUDENTS FIRST" PHILOSOPHY, KEISER UNIVERSITY PREPARES GRADUATES FOR CAREERS IN BUSINESS, CRIMINAL JUSTICE, HEALTH CARE, TECHNOLOGY, HOSPITALITY, EDUCATION AND CAREER-FOCUSED STUDIES. THE MISSION OF EVERGLADES UNIVERSITY IS TO PROVIDE QUALITY EDUCATION TO ADULT LEARNERS OF DIVERSE BACKGROUNDS IN A COLLABORATIVE ENVIRONMENT WHERE EACH INDIVIDUAL HAS THE OPPORTUNITY TO ACHIEVE PERSONAL GROWTH. THE true false 451154688 473312 428963330 KEISER UNIVERSITY AND EVERGLADES UNIVERSITY PROVIDE EDUCATIONAL PROGRAMS AT THE UNDERGRADUATE AND GRADUATE LEVELS FOR A DIVERSE STUDENT BODY IN TRADITIONAL, NON-TRADITIONAL AND ONLINE DELIVERY FORMATS. 451154688 true true false true false false false false false false true false false false false false true true true true true false true false false false false false true true false false false true false true true true false false false false false false false false false true 248 0 true 3679 true false true NU false false false false X 9 9 false false false false false false false true true false false false true true true true true true true true true FL X JOSEPH BERARDINELLI 9547764476 1900 W COMMERCIAL BLVD FT LAUDERDALE FL 33309 GREG WALLICK CHAIRMAN/PRE 5.00 X X 1500 0 0 CRAIG PERRY SECRETARY/TR 5.00 X X 1500 0 0 THOMAS FOSTER TRUSTEE 5.00 X 1500 0 0 WILLIAM KENT TRUSTEE 5.00 X 1500 0 0 THEA SCOTT TRUSTEE 5.00 X 1500 0 0 FRANK FRIONE TRUSTEE 5.00 X 1000 0 0 ANDREW WRIGHT TRUSTEE 5.00 X 1000 0 0 ANITA HARROW TRUSTEE 5.00 X 500 0 0 MARIA KONDRACKI-DWYER TRUSTEE 5.00 X 500 0 0 ARTHUR KEISER VP/CHANCELLO 40.00 X 805133 0 25867 PETER CROCITTO VP/EXEC V CH 40.00 X 724639 0 25867 JOSEPH BERARDINELLI TREAS/SR V C 40.00 X 394154 0 25404 KRISTI MOLLIS UNIVERSITY P 40.00 X 492308 0 20500 RHONDA FULLER ASSOC VICECH 40.00 X 385440 0 6750 JOHN SITES VICE CHANCEL 40.00 X 297983 0 13736 BRIAN WOODS ASSOC V CHAN 40.00 X 296266 0 23020 JAMES WALDMAN GENERAL COUN 40.00 X 420408 0 25867 GARRETT VONK VICE CHANCEL 40.00 X 314761 0 15704 ELLEN BERNHARDT ASSOC V CHAN 40.00 X 275670 0 17832 ANDREW LEE ASSOC V CHAN 40.00 X 271215 0 2241 MICHELE MORGAN ASSOC V CHAN 40.00 X 245010 0 16720 4933487 219508 301 false true false CAMPUS MANAGEMENT 5201 CONGRESS AVE SUITE 220A BOCA RATON FL 33487 STUDENT DATABAS 2242334 G4S SECURE SOLUTIONS INC DBS THE WACKENHUT CORP PO BOX 277469 ATLANTA GA 303847469 SECURITY 2230045 CDW GOVERNMENT INC 75 REMITTANCE DR SUITE 1515 CHICAGO IL 60675 TECHNOLOGY 1724185 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICES 1722185 SAXON BUSINESS PO BOX 865110 ORLANDO FL 32886 OFFICE EQUIP 1597138 58 473312 229242 702554 TUITION AND FEES 611600 380384680 380384680 EDUCATIONAL ACTIVITIES 611600 39796117 39796117 AUXILARY ACTIVITIES 611600 4542977 4542977 424723774 3273165 3273165 9619 9619 9619 9619 MISCELLANEOUS INCOME 611600 248247 248247 EXCHANGE RATE DIFFERENCE 451211 3938 3938 ATM INCOME 522100 1156 1156 877 877 254218 428963330 428260776 32498344 32498344 2996650 2996650 3451044 3451044 148017217 148017217 2554226 2554226 12980147 12980147 13454251 13454251 567907 567907 290372 290372 280079 280079 11983348 11983348 79106265 79106265 3012685 3012685 4083813 4083813 41736425 41736425 4078172 4078172 408234 408234 9003080 9003080 42179745 42179745 2494095 2494095 BAD DEBT 15589891 15589891 COMMUNICATIONS 3272651 3272651 TESTING & TRANSCRIPTS 2000945 2000945 BANK FEES 1867424 1867424 13247678 13247678 451154688 451154688 0 0 27224326 86974565 60020931 105400 110445 18236679 17781892 5046468 215178 22882615 19112939 251825 374165 4842239 4626656 96679758 21980429 42663568 74699329 3852392 15730746 373622600 336316619 664313 2360111 559413356 558302645 29555326 30341920 41723854 41523063 247836636 260077431 21657746 30388354 340773562 362330768 X 218452230 185243963 187564 10727914 218639794 195971877 559413356 558302645 -22191358 -426182 -50377 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 280079 false false 280079 false SCHEDULE C, PART II-B, LINE 1 LOBBYING FOR EDUCATIONAL MATTERS AT THE FEDERAL AND STATE LEVELS. 18360068 18360068 39362740 480745 38881995 14387658 7012404 7375254 23318623 14487280 8831343 1250669 1250669 74699329 394417153 394417153 34546177 34546177 428963330 387198551 426182 426182 386772369 64382319 64382319 451154688 SCHEDULE D, PAGE 4, PART XI, LINE 4B COST OF SCHOLARSHIPS 35,484,089 BOOKSTORE-COST OF GOODS SOLD -937,912 SCHEDULE D, PAGE 4, PART XII, LINE 2D UNREALIZED LOSSES 426,182 SCHEDULE D, PAGE 4, PART XII, LINE 4B COST OF SCHOLARSHIPS 35,484,089 BOOKSTORE-COST OF GOOD SOLD -937,912 TAX BASIS AMORTIZATION 27,075,509 INTEREST EXPENSE 2,760,633 true true true true true true false false false false false false false false false true false true SCHEDULE E, LINE 3 ON WEBSITES (EVERGLADESUNIVERSITY.EDU, KEISERUNIVERSITY.EDU) AND CATALOGS SCHEDULE E, LINE 4 NO CONTRIBUTIONS ARE SOLICITED SCHEDULE E, LINE 6 RECEIVED GOVERNMENT GRANTS FOR STUDENTS true CHINA 1 2 PROGRAM SERVICES ACADEMIC STUDIES 230974 MOLDOVA 1 PROGRAM SERVICES ACADEMIC STUDIES 10010 NICARAGUA 2 308 PROGRAM SERVICES ACADEMIC STUDIES 10648803 EL SALVADOR 1 1 STUDENT RECRUITMENT N/A 13887 5 311 5 311 10903674 10903674 INSTITUTIONAL SCHOLARSHIP NICARAGUA 435 2996650 STUDENT CREDIT BOOK INSTITUTIONAL SCHOLARSHIP NICARAGUA STUDENT CREDIT EXPENSES BOOK INSTITUTIONAL SCHOLARSHIP CHINA STUDENT CREDIT EXPENSES BOOK INSTITUTIONAL SCHOLARSHIP MOLDOVA STUDENT CREDIT EXPENSES BOOK false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 3 CHINA 230,974 0 MOLDOVA 10,010 0 NICARAGUA 10,648,803 0 EL SALVADOR 13,887 0 true INSTITUTIONAL SCHOLARSHIP 16147 10905 32487439 BOOK CREDIT POSTED TO STUDENT LEDGER CARD SCHEDULE I, PAGE 1, PART I, LINE 2 THE INSTITUTION TRACKS THIS INFORMATION BY SOURCE IN ITS ENTERPRISE RESOURCE PLANNING SYSTEM. X true true X X X X false false false false false false false false false ARTHUR KEISER VP/CHANCELLOR 805133 23367 2500 831000 PETER CROCITTO VP/EXEC V CHANCELLOR 724639 23367 2500 750506 JOSEPH BERARDINELLI TREAS/SR V CHANCELLO 394154 22904 2500 419558 KRISTI MOLLIS UNIVERSITY PRESIDENT 492308 18000 2500 512808 RHONDA FULLER ASSOC VICECHANCELLOR 385440 6750 392190 JOHN SITES VICE CHANCELLOR 297983 12536 1200 311719 BRIAN WOODS ASSOC V CHANCELLOR 296266 23020 319286 JAMES WALDMAN GENERAL COUNSEL 420408 23367 2500 446275 GARRETT VONK VICE CHANCELLOR 314761 15704 330465 ELLEN BERNHARDT ASSOC V CHANCELLOR 275670 15332 2500 293502 ANDREW LEE ASSOC V CHANCELLOR 271215 2241 273456 MICHELE MORGAN ASSOC V CHANCELLOR 245010 14220 2500 261730 SCHEDULE J, PART III PART I, LINE 1B - WRITTEN REIMBURSEMENT POLICY EXPLANATION: THE ORGANIZATION ALLOWS FIRST CLASS AND CHARTER TRAVEL WHEN COSTS ARE REASONABLE AND TIME CONTRAINTS EXIST. ALL TRAVEL IS REVIEWED PRIOR TO BOOKING. KEISER SCHOOL INC KEISER SCHOOOL INC CHANCELLOR/VP OWNS % PURCH OF NONCASH ASSETS KEISER SCHO X 300000000 246109433 false true true PARKLAND EDUCATION ASSOC LTD PARKLAND EDUCATION ASSOC LTD CHANCELLOR/VP OWNS % PURCHASE OF MELBOURNE CAMPUS X 14100000 13967998 false true true BAR EDUCATION INC BAR EDUCATION INC CHANCELLOR/VP OWNS % EXPENSE ADVANCES X 215178 false true false 260292609 BAR EDUCATION INC SHARED INTEREST OPERATING EXPENSES false DAYTONA EDUCATION ASSOCIATES LTD SHARED INTEREST RENT ON DAYTONA CAMP false EVERGLADES MANAGEMENT INC SHARED INTEREST CHARTER AIRCRAFT false HERCULES PROPERTIES LTD SHARED INTEREST RENT ON ORLANDO CAMP false HERMES AIRCRAFT LLC SHARED INTEREST CHARTER AIRCRAFT false HOLIDAY INN EXPRESS FORT LAUDERDAL SHARED INTEREST LODGING false KEISER COMMONS ASSOCIATES LTD SHARED INTEREST RENT ON TALLAHASSEE false KEISER COMPUTERS INC SHARED INTEREST ELECTRONIC FILING false KEISER SCHOOL INC SHARED INTEREST INTEREST ON NOTE PAY false METROPOLITAN 8 LLC SHARED INTEREST RENT ON TALLAHASSEE false SCHEDULE L, PART V 1 (A) BAR EDUCATION, INC (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 47,386 (D) ALLOCATION OF OPERATING EXPENSES PAID TO BAR (E) NO 2 (A) BAR EDUCATION, INC (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 797,515 (D) NET ALLOCATION OF OPERATING EXPENSES (E) NO 3 (A) BAR EDUCATION, INC (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 134,080 (D) ONLINE REVENUE (E) NO 4 (A) BAR EDUCATION, INC (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 5,786,792 (D) PAYMENTS FROM BAR FOR OPERATING EXPENSES (E) NO 5 (A) BAR EDUCATION, INC (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 150,000 (D) ADMINISTRATIVE SUPPORT PAID BY BAR (E) NO 6 (A) BAR EDUCATION, INC (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 103,224 (D) INTEREST INCURRED BY BAR ON LOAN (E) NO 7 (A)DAYTONA EDUCATION ASSOCIATES, LTD (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 724,424 (D) RENT PAID FOR DAYTONA BEACH CAMPUS (E) NO 8 (A) EVERGLADES MANAGEMENT, INC (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 1,140,000 (D) PAID TO EMI FOR CHARTER AIRCRAFT AND OTHER TRAVEL (E) NO 9 (A) EVERGLADES MANAGEMENT, INC (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 223,072 (D) EXPENSES INCURRED ON BEHALF OF EMI (E) NO 10 (A) EVERGLADES MANAGEMENT, INC (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 222,562 (D) PAYMENT RECEIVED FROM EMI (E) NO 11 (A) HERCULES PROPERTIES, LTD (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 1,836,837 (D) RENT PAID FOR ORLANDO CAMPUS (E) NO 12 (A) HERMES AIRCRAFT LLC (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 127,576 (D) PAID TO HERMES AIRCRAFT FOR CHARTER AIRCRAFT (E) NO 13 (A) HOLIDAY INN EXPRESS FORT LAUDERDALE (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 325,000 (D) PAID TO HOLIDAY INN EXPRESS FOR LODGING (E) NO 14 (A) KEISER COMMONS ASSOCIATES LTD (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 778,324 (D) RENT PAID FOR TALLAHASSEE CAMPUS (E) NO 15 (A) KEISER SCHOOL, INC (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 8,576,214 (D) INTEREST INCURRED ON NOTE PAYABLE (E) NO 16 (A) METROPOLITAN 8, LLC (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 257,729 (D) RENT PAID FOR TALLAHASSEE CAMPUS (E) NO 17 (A) NINETEEN HUNDRED BUILDING ASSOCIATES, LTD (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 2,081,480 (D) RENT PAID FOR OFFICE OF THE CHANCELLOR AND ONLINE CAMPUS (E) NO 18 (A) PARKLAND EDUCATION ASSOCIATES, LTD (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 1,687,149 (D) RENT PAID FOR MELBOURNE CAMPUS (E) NO 19 (A) SPECTRUM 1500 BUILDING ASSOCIATES (B) CHANCELOR / VICE PRESIDENT HAS AN OWNERSHIP INTEREST (C) 2,682,244 (D) RENT PAID FOR FORT LAUDERDALE CAMPUS (E) NO 20 (A) THE KEISER-MILLS FOUNDATION (B) CHAIRPERSON IS IMMEDIATE FAMILY MEMBER OF CHANCELLOR (C) 98,000 (D) SCHOLARSHIP AWARD TO KEISER UNIVERSITY (E) NO 21 (A) THE KEISER-MILLS FOUNDATION (B) CHAIRPERSON IS IMMEDIATE FAMILY MEMBER OF CHANCELLOR (C) 79,659 (D) PAID TO THE KEISER MILLS FOUNDATION FOR GOLF CLASSIC TOURNAMENT (E) NO 22 (A) THE KEISER-MILLS FOUNDATION (B) CHAIRPERSON IS IMMEDIATE FAMILY MEMBER OF CHANCELLOR (C) 2,500 (D) DONATION FROM THE KEISER MILLS FOUNDATION FOR ANNUAL PITCH COMPETITION (E) NO FORM 990 - ORGANIZATION'S MISSION KEISER UNIVERSITY AND EVERGLADES UNIVERSITY ARE REGIONALLY ACCREDITED PRIVATE CAREER UNIVERSITIES THAT PROVIDE EDUCATIONAL PROGRAMS AT THE UNDERGRADUATE AND GRADUATE LEVELS FOR A DIVERSE STUDENT BODY IN TRADITIONAL, NONTRADITIONAL AND ONLINE DELIVERYFORMATS. THE MAIN CAMPUS IS LOCATED IN FORT LAUDERDALE, WITH CAMPUSES LOCATED THROUGHOUT THE STATE OF FLORIDA AND INTERNATIONALLY. THROUGH QUALITY TEACHING, LEARNING AND RESEARCH, THE UNIVERSITY IS COMMITTED TO PROVIDE STUDENTS WITH OPPORTUNITIES TO DEVELOP THE KNOWLEDGE, UNDERSTANDING AND SKILLS NECESSARY FOR SUCCESSFUL EMPLOYMENT. COMMITTED TO A "STUDENTS FIRST" PHILOSOPHY, KEISER UNIVERSITY PREPARES GRADUATES FOR CAREERS IN BUSINESS, CRIMINAL JUSTICE, HEALTH CARE, TECHNOLOGY, HOSPITALITY, EDUCATION AND CAREER-FOCUSED STUDIES. THE MISSION OF EVERGLADES UNIVERSITY IS TO PROVIDE QUALITY EDUCATION TO ADULT LEARNERS OF DIVERSE BACKGROUNDS IN A COLLABORATIVE ENVIRONMENT WHERE EACH INDIVIDUAL HAS THE OPPORTUNITY TO ACHIEVE PERSONAL GROWTH. THE UNIVERSITY SEEKS TO ACCOMPLISH ITS MISSION BY COMBINING SMALL CLASS SIZES AND INNOVATIVE PROGRAMS WITH TRADITIONAL ACADEMIC VALUES. THE UNIVERSITY SUPPORTS THE ACADEMIC ENDEAVOR THROUGH RESEARCH, SCHOLARLY CONTRIBUTION, AND SERVICE TO DELIVER GRADUATE AND UNDERGRADUATE PROGRAMS ON CAMPUS AND ONLINE. FORM 990 EVERGLADES COLLEGE INC PARTICIPATES IN A PROFESSIONAL EMPLOYER ORGANIZATION IN 2016, EVERGLADES COLLEGE HAD 3,679 PARTICIPANTS IN THE PEO WHICH IS RESPONSIBLE FOR REPORTING ON ALL W-2'S AND THE W-3 FOR THE COLLEGE. THE NAME OF THE PROFESSIONAL EMPLOYER ORGANIZATION IS OASIS OUTSOURCING. FORM 990, PAGE 2, PART III, LINE 2 NEW PROGRAM SERVICES ADDED IN 2016: 1. BA BUSINESS ANALYTICS 2. DC CHIROPRACTIC 3. BA LEGAL STUDIES (CONCENTRATION IN LAW OFFICE MANAGEMENT) 4. BSN NURSING (TRADITIONAL) 5. BSN NURSING (FASTTRACK) 6. MS ORGANIZATIONAL LEADERSHIP 7. MBA TECHNOLOGY MANAGEMENT 8. BS INTERNATIONAL BUSINESS 9. BS HOSPITALITY MANAGMENT 10.BS SURVEYING MANAGEMENT PROGRAMS ADDED THAT WILL NO LONGER BE OFFERED ONCE THE CURRENT STUDENTS GRADUATE: 8. MS INFORMATION SECURITY 9. MS INFORMATION TECHNOLOGY LEADERSHIP 10.MS MANAGEMENT FORM 990, PART V, LINE 4B NICARAGUA FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE BOARD, PRESIDENT , VICE PRESIDENT, TREASURER AND LEGAL COUNSEL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE QUESTIONED ON POTENTIAL CONFLICTS OF INTEREST. THIS REVIEW IS PERFORMED BY THE OFFICE OF THE CHANCELLOR. FORM 990, PAGE 6, PART VI, LINE 15A THE TOP OFFICIALS'S COMPENSATION IS DISCUSSED AND APPROVED ANNUALLY WITH THE COMPENSATION COMMITTEE. THERE ARE APPROVED SALARY RANGES FOR BOTH POSITIONS AS WELL AS AN ANNUAL REVIEW PROCESS. THE BOARD APPROVES THE SALARY RANGES EACH YEAR USING COMPARABLE SALARY DATA IN ITS REVIEW. FORM 990, PAGE 6, PART VI, LINE 15B THERE ARE APPROVED SALARY RANGES FOR ALL POSITIONS AS WELL AS AN ANNUAL REVIEW PROCESS. THE BOARD APPROVES THE SALARY RANGES EACH YEAR. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST, THE FINANCIAL INFORMATION IS AVAILABLE UNDER THE SUNSHINE LAWS OF THE STATE OF FLORIDA. FORM 990, PART XI, LINE 9 COST OF SCHOLARSHIPS -35,484,089 BOOKSTORE-COST OF GOODS SOLD 937,912 UNREALIZED LOSSES -426,182 COST OF SCHOLARSHIPS 35,484,089 BOOKSTORE-COST OF GOOD SOLD -937,912 TAX BASIS AMORTIZATION 27,075,509 INTEREST EXPENSE 2,760,633 TOTAL 29,409,960