2018-04-25T15:53:20-05:00 2017-06-30 KPMG LLP 345 PARK AVE NY NY 101540102 990 2016-07-01 210634981 GEORGIAN COURT UNIVERSITY % JOHN SOMMER VP FINANCE & AD GEOR 7329872200 900 LAKEWOOD AVENUE LAKEWOOD NJ 08701 JOHN SOMMER VP FINANCE & ADM 2018-04-20 true PHILLIP GROFF P01247783 2127589700 2018-04-20 167.68.102.5 54028020181155000000 2018-04-25 P 2E0239B00C316F16109BA79AD47D61BC03C27D6E 0E8A73D45E13FB2D9FCF2954BFB38730BFBD513C 2016 2021-01-29 14:40:06Z JOSEPH R MARBACH PHD 900 LAKEWOOD AVENUE LAKEWOOD NJ 08701 81437752 false X WWW.GEORGIAN.EDU X 1908 NJ GEORGIAN COURT OFFERS A COMPREHENSIVE LIBERAL ARTS EDUCATION IN THE ROMAN CATHOLIC TRADITION. FOR MORE INFORMATION SEE SCHEDULE O. 32 31 912 125 282747 -214355 8965087 2723124 54602114 58242567 3702193 2569663 588509 627763 67857903 64163117 16684406 19398012 0 0 25238360 25803073 30727 15000 1847372 18570182 20011736 60523675 65227821 7334228 -1064704 126510141 129974967 31650595 32505229 94859546 97469738 X GEORGIAN COURT UNIVERSITY (GCU), PROVIDES A COMPREHENSIVE LIBERAL ARTS EDUCATION AND IS OPEN TO STUDENTS OF ALL FAITHS, DELIVERS A CURRICULUM THAT PROMOTES SCHOLARSHIP, SERVICE, LEADERSHIP, AND PERSONAL DEVELOPMENT. FOR MORE INFORMATION SEE SCHEDULE O. false false 36530747 19398012 58591733 INSTRUCTIONAL DEGREE PROGRAM - FOR MORE INFORMATION SEE SCHEDULE 0 7383319 STUDENT SERVICE SUPPORT - OTHER EXPENDITURES TO SUPPORT THE OPERATION OF OFFICES DEDICATED TO STUDENT SERVICE ACTIVITIES. 3207000 STUDENT ATHLETES & PROGRAMS - FOR MORE INFORMATION SEE SCHEDULE 0 47121066 true true false true false false false false false true true true false false true true true false true false true false true true true false false false true true true false false false false false false false false true false false false false false false true true true false false true 134 0 true 912 true true true false false false false true true false false false false X 32 31 false false false false false true true true true false false true true true true true true true true false AK CO KY MD MA MI NV NH NY OH OK OR PA TN WA X JOHN SOMMER VP FINANCE AD 7329872416 900 LAKEWOOD AVENUE Lakewood NJ 08701 X Louesa Lesa Lardieri-Wright BOARD CHAIR 1.0 0.0 X 0 0 0 Mary Meehan PhD BOARD VICE CHAIR 1.0 0.0 X 0 0 0 Nina Anuario INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Tessa M Breslin INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Senator Jeffrey S Chiesa INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Francis G Coleman INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Frank DeMiro CPA INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 James H Dickerson Jr INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Fiah Gussin INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Patricia Smith Heanue INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Deacon James J Knipper INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Patricia E Koch Esq TRUSTEE EMERITA 1.0 0.0 X 0 0 0 MONSIGNOR CASIMIR H LADZINSKI INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Michael J Laferrera INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Steven G Littleson FACHE INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Kerry Anne McGeary PhD INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Amelia A McTamaney INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Robert E Mulcahy III INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 DEIRDRE MULLAN RSM PHD INDIVIDUAL TRUSTEE (END 9/16) 1.0 0.0 X 0 0 0 ELIZABETH HEALEY MULVIHILL INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Edward M Nadworny Jr INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Linda M Orlando INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Judith M Persichilli RN BSN INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Mark N Ricca INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Megan E Mulcahy Romano INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 John W Seazholtz INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Judge Eugene D Serpentelli INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 PETER J STROHM ESQ INDIVIDUAL TRUSTEE (END 7/16) 1.0 0.0 X 0 0 0 Thomas J Sykes AIA PP INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Patricia A Talone RSM PhD INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Julia A Upton RSM PhD INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 Regina M Ward RSM INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 M Deborah Hanley Williams INDIVIDUAL TRUSTEE 1.0 0.0 X 0 0 0 JOSEPH R MARBACH PRESIDENT 35.0 0.0 X X 335488 0 36824 JEFFRIES RSM SISTERS OF MERCY FMR PRESIDENT (END 6/30/2015) 0.0 0.0 X 0 0 0 WILLIAM JOHN BEHRE Provost 35.0 0.0 X 190244 0 31802 JOHN SOMMER VP FOR FINANCE & ADMIN 35.0 0.0 X 191990 0 11711 EVELYN SAUL QUINN VP for Mission Integration 35.0 0.0 X 125287 0 19405 MELLISSIA ZANJANI VP for Institutional Advncmnt 35.0 0.0 X 54697 0 7742 Brian Agnew VP for Institutional Advncmnt 35.0 0.0 X 61650 0 2334 Justin Roy Dean of Admissions 35.0 0.0 X 146160 0 23300 Lynn DeCapua Dean, School of Education 35.0 0.0 X 127215 0 15690 MAUREEN R RYAN-HOFFMAN ASST VP FOR FINANCE/CONTROLLER 35.0 0.0 X 111967 0 27915 STEVEN GEORGE CAROL Chief Information Officer 35.0 0.0 X 115469 0 15031 Mary Chinery Dean, School of Arts and Scien 35.0 0.0 X 113650 0 14270 1573817 0 206024 19 false true false IRWIN LEIGHTON INC 1030 CONTINENTAL DRIVE KING OF PRUSSIA PA 19406 CONTRACTOR 5966579 ELLUCIAN COMPANY LP 4 COUNTRY VIEW ROAD MALVERN PA 19355 Management Services 734196 MP CONSULTING SERVICES LLC 4213 BELMAR BLVD WALL NJ 07753 CONTRACTOR 690078 MATTHEWS PLUMBING HEATING PO BOX 723 POINT PLEASANT NJ 08742 CONTRACTOR 106828 4 98631 1549444 1075049 0 2723124 TUITION AND FEES 900099 53662295 53662295 RESIDENCE HALLS AND DINING SERVICES 900099 4522295 4522295 BOOKSTORE COMMISSION 900099 57977 57977 58242567 1886978 8584 1878394 0 0 133256 11620 133256 11620 144876 144876 17918235 17235550 682685 682685 682685 36519 98631 35585 934 934 7000 3500 3500 3500 0 0 0 OTHER STUDENT ACTIVITIES/MISCELLANEOUS 900099 320666 320666 CATERING 900099 129287 129287 TRUST INCOME 900099 28500 28500 478453 64163117 58591733 282747 2565513 0 18707879 18707879 690133 690133 0 1138070 231682 741478 164910 61921 61921 19433569 15265433 3350890 817246 812134 578871 195291 37972 2688934 1574023 1038713 76198 1668445 1259449 324542 84454 62000 62000 52773 52773 129152 129152 22711 22711 15000 15000 278344 278344 288733 40813 182962 64958 996351 491358 495834 9159 907281 714192 140749 52340 2295040 1481914 723895 89231 0 1431419 244650 1186769 354500 321276 18317 14907 0 140924 104203 22190 14531 1347248 1347248 0 3357614 3325298 32316 1286444 70385 1216059 DINING HALL 1784927 1784927 STUDENT PROGRAM SERVICES 1449810 1390263 27632 31915 EQUIPMENT R&M 757675 185209 570159 2307 PROFESSIONAL SERVICES 598024 598024 2470766 1262461 868377 339928 65227821 47121066 16259383 1847372 0 0 2322793 2289007 1053419 912513 2324337 2230139 0 0 0 0 14279 7635 283 0 87939 157005 116561521 48966925 68307099 67594596 41953327 45181247 10141339 11071277 0 0 0 0 305326 531548 126510141 129974967 5035732 4523047 48589 53803 304055 522703 24468045 25637095 0 0 0 0 574916 502242 0 0 1219258 1266339 31650595 32505229 X 71426972 72485810 9673548 10937362 13759026 14046566 94859546 97469738 126510141 129974967 X -1064704 3631499 43397 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 1711 false true 26618 28329 false SCHEDULE C, PART II-B, LINE 1 THE UNIVERSITY ENGAGED MWW PUBLIC AFFAIRS TO UNDERTAKE LOBBYING AND GRANT-WRITING ASSISTANCE ON ITS BEHALF. THE TOTAL FEES PURSUANT TO THIS CONTRACT FOR THE YEAR ENDED JUNE 30, 2017 WERE $30,000. THE FIRM EXPENDED 50% OF EFFORT ON LOBBYING AND 50% ON GRANT-WRITING ASSISTANCE. IN ADDITION, THE UNIVERSITY SECURED THE SERVICES OF KOMJATHY STEWART ($6,000) FOR STATE LOBBYING ACTIVITIES. UNIVERSITY PERSONNEL AND STUDENTS, DURING THE COURSE OF VARIOUS ACTIVITIES THROUGHOUT THE YEAR, MEET WITH LEGISLATORS TO DISCUSS EDUCATION RELATED TOPICS. THE AMOUNT OF TIME SPENT IS NOT MATERIAL. LINE 1G THE UNIVERSITY PAID MEMBERSHIP DUES TO MEMBER ORGANIZATIONS WHO MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. THE UNIVERSITY'S PORTION OF DUES ATTRIBUTABLE TO LOBBYING TOTALED $1,711. THIS DOES NOT CONSTITUTE A SUBSTANTIAL PORTION OF THE UNIVERSITY'S ACTIVITY. 51841878 238022 5951039 2077956 55952983 53293111 323818 224246 1999297 51841878 52512250 765004 2003320 1987463 53293111 47208069 313523 6729435 1738777 52512250 43085315 105194 5738609 1721049 47208069 0.58630 0.25100 0.16270 false true true 4457947 4457947 89483629 29575983 59907646 1991695 1887268 104427 19245490 16165820 3079670 1382760 1337854 44906 67594596 INVESTMENT HELD BY TRUSTEE 3042303 F PRIVATE EQUITY FUNDS 2252853 F STRUCTURED CREDIT FUNDS 2167522 F SPECIAL SITUATIONS FUNDS 1688011 F CORE PROPERTIES FUNDS 1920588 F 11071277 0 OTHER LIABILITIES 210590 CONDITIONAL ASSET RETIREMENT 945483 ANNUITY PAYMENT LIABILITY 110266 1266339 X 48161657 3631499 43397 3674896 44486761 278344 19398012 19676356 64163117 45551465 45551465 278344 19398012 19676356 65227821 ENDOWMENT FUNDS FORM 990, SCHEDULE D, PART V, LINE 4 THE UNIVERSITY HAS ADOPTED AN INVESTMENT POLICY THAT IS INTENDED TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS FROM ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE UNIVERSITY MUST HOLD IN PERPETUITY AS WELL AS BOARD-DESIGNATED FUNDS. 1. DONOR-RESTRICTED ENDOWMENT FUNDS ARE ESTABLISHED BY DONOR-RESTRICTED GIFTS AND RECORDED AS PERMANENTLY RESTRICTED WITHIN THE UNIVERSITY FINANCIAL STATEMENTS. THE AMOUNT OF EACH INDIVIDUAL FUND IS COMPRISED OF THE ORIGINAL GIFT, SUBSEQUENT GIFTS IF THEY WERE TO BE ADDED TO THE PERMANENT ENDOWMENT AND ACCUMULATIONS IF DIRECTED BY THE DONOR'S GIFT DOCUMENTS. THESE FUNDS MUST BE RETAINED IN ACCORDANCE WITH THE EXPLICIT DONOR STIPULATIONS. 2. EARNINGS ON THESE ENDOWED FUNDS ARE REGARDED AS NET APPRECIATION AND CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS. THESE AMOUNTS ARE APPROPRIATED FOR EXPENDITURES CONSISTENT WITH THE DONOR GUIDELINES. DONOR FUNDED SCHOLARSHIPS ARE AWARDED ANNUALLY, IN ACCORDANCE WITH DONOR STIPULATED GUIDELINES AND ARE A COMPONENT OF THE UNIVERSITY'S FINANCIAL AID BUDGET. 3. BOARD DESIGNATED FUNDS, QUASI-ENDOWMENT, FUNCTIONING AS ENDOWMENTS ARE MADE UP OF A DEBT FUND, INTENDED TO OFFSET FUTURE DEBT BORROWINGS; A PLANT FUND, INTENDED TO SUPPLEMENT OPERATIONAL EXPENSES RELATED TO FACILITIES' NEEDS SUCH AS DEFERRED MAINTENANCE OR CAPITAL ITEMS; AND A SPECIAL PROJECTS FUND WITH THE ABILITY TO REACT TO THE CHANGING NEEDS AND DEMANDS OF THE HIGHER EDUCATION ENVIRONMENT. INCOME TAXES The University is classified as a 501(c)(3) organization and is exempt from federal income taxes under Section 501(a) of the Internal Revenue Code and a similar provision of the New Jersey State income tax law. Accordingly, no provision for income taxes has been reflected in the accompanying financial statements. There are certain transactions that could be deemed unrelated business income and would result in a tax liability. Management reviews transactions to estimate potential tax liabilities using a threshold of more likely than not. It is management's estimation that there are no material tax liabilities that need to be recorded at June 30, 2017 and 2016. RECONCILIATION OF REVENUE FORM 990, SCHEDULE D, PART XI, LINE 2D SPLIT INTEREST AGREEMENTS/LIFE INS SURRENDER VALUE $ 43,397 FORM 990, SCHEDULE D, PART XI, LINE 4B SCHOLARSHIP EXPENSE (RECLASS) $ 19,398,012 RECONCILIATION OF EXPENSES FORM 990, SCHEDULE D, PART XII, LINE 4B SCHOLARSHIP EXPENSE (RECLASS) $ 19,398,012 true true true true true true true false false false false false false false false true false true NONDISCRIMINATION POLICY Form 990, Schedule E, Part I, Line 3 THE UNIVERSITY'S NOTICE OF NONDISCRIMINATION POLICY IS PRINTED ON ALL BROCHURES, WEB PAGES, AND PUBLICATIONS THAT ADVERTISE GCU PROGRAMS AND ADMISSIONS STANDARDS. FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY Form 990, Schedule E, Part I, Line 6a U.S. DEPARTMENT OF EDUCATION: STUDENT FINANCIAL ASSISTANCE CLUSTER - FEDERAL PELL GRANT PROGRAM FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT FEDERAL WORK STUDY PROGRAM FEDERAL DIRECT STUDENT LOANS TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS (TEACH GRANTS) FEDERAL PERKINS LOAN PROGRAM OTHER U.S. DEPARTMENT OF EDUCATION AID - TRIO STUDENT SUPPORT SERVICES TITLE III CHART THE COURSE TO GRADUATION US DEPARTMENT OF THE INTERIOR: SUBSURFACE GRAVEL WETLANDS RUTGERS - COMPARING STORMWATER BASIN DESIGNS RUTGERS - NASA STEM RESEARCH US DEPARTMENT OF JUSTICE: OFFICE ON VIOLENCE AGAINST WOMEN EMPOWER SEXUAL ASSAULT AWARENESS AND PREVENTION PROGRAM US DEPARTMENT OF COMMERCE: SEA GRANT CONSORTIUM NEW JERSEY DEPARTMENT OF EDUCATION: STUDENT FINANCIAL AID CLUSTER - TUITION AID GRANT GEAR UP GRANT NJ STARS PROGRAM GARDEN STATE OTHER NJ DEPARTMENT OF EDUCATION ASSISTANCE - EDUCATION OPPORTUNITY FUND-GRANT EDUCATION OPPORTUNITY FUND-ARTICLE IV TRISTATE & STUDENT LEADERSHIP SPECIAL PROJECT EDUCATION OPPORTUNITY FUND-SUMMER NEW JERSEY DEPARTMENT OF HEALTH AND HUMAN SERVICES: VOCATIONAL REHABILITATION DIRECT SERVICES NEW JERSEY COMMISSION FOR THE BLIND NEW JERSEY DEPARTMENT OF TREASURY AID TO INDEPENDENT COLLEGES & UNIVERSITIES NON-CASH AWARDS: NJEFA-DORMITORY SAFETY TRUST FUND, SERIES 2003A - INTEREST SUBSIDY NJEFA-DORMITORY EQUIPMENT LEASING FUND, SERIES 2014B - EQUIPMENT LEASING NJEFA - HIGHER EDUCATION TRUST FUND NJEFA - CONSTRUCTION IMPROVEMENT FUND SERIES 2016B true Central America and the Caribbean Grantmaking 22027 East Asia and the Pacific Grantmaking 57511 Europe (Including Iceland and Greenland) Grantmaking 452793 Middle East and North Africa Grantmaking 39208 North America Grantmaking 18750 South America Grantmaking 29750 Sub-Saharan Africa Grantmaking 70094 690133 690133 FINANCIAL AID Central America and the Caribbean 1 22027 CREDIT ACCT N/A N/A FINANCIAL AID East Asia and the Pacific 3 57511 CREDIT ACCT N/A N/A FINANCIAL AID Europe (Including Iceland and Greenland) 13 452793 CREDIT ACCT N/A N/A FINANCIAL AID Middle East and North Africa 1 39208 CREDIT ACCT N/A N/A FINANCIAL AID North America 1 18750 CREDIT ACCT N/A N/A FINANCIAL AID South America 2 29750 CREDIT ACCT N/A N/A FINANCIAL AID Sub-Saharan Africa 2 70094 CREDIT ACCT N/A N/A true false true true true false SCHEDULE F, PART I, LINE 2 THE UNIVERSITY GRANTS LISTED ON SCHEDULE F REPRESENT INSTITUTIONAL AID PROVIDED TO STUDENTS WHO MATRICULATE AT THE UNIVERSITY. THE AID PROVIDED TO THE STUDENTS IS APPLIED BY THE UNIVERSITY DIRECTLY TO THE STUDENTS' ACCOUNT. AS SUCH, NO MONITORING OF THE GRANT FUNDS ARE REQUIRED BECAUSE THE STUDENT MAY ONLY USE THE SCHOLARSHIP FUNDS TO DEFRAY THE COST OF TUITION. X X X X X X X true MWW GROUP LLC ONE MEADOWLANDS PLAZA EAST RUTHERFORD NJ 07073 GRANT ASSISTANCE false 15000 -15000 15000 -15000 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MA MI MN MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI Golf May 2017 135150 98631 36519 35585 0 135150 98631 36519 35585 35585 934 900 LAKEWOOD AVENUE LAKEWOOD NJ 08701 Schedule G, Part I, Column (IV) Gross Receipts from Activity: MWW Group, LLC provides limited support for grant writing and editing. No related grant funds were received during FY17. true Institutional Grant Aid 2085 10975669 Transfer Scholarship 530 4222369 ATHLETICS 169 1539661 ENDOWED 324 979000 Nursing Scholarship 78 761286 Religious Grants & Discounts 49 229893 MONITORING OF FUNDS Part I Line 2 THE UNIVERSITY GRANTS LISTED ON SCHEDULE I REPRESENT SCHOLARSHIP PROVIDED TO STUDENTS WHO MATRICULATE AT THE UNIVERSITY. AS SUCH, NO MONITORING OF THE GRANT FUNDS ARE REQUIRED BECAUSE THE STUDENT MAY ONLY USE THE SCHOLARSHIP FUNDS TO DEFRAY THE COST OF TUITION. X X X X X false false false false false false false true false JOSEPH R MARBACH PRESIDENT 314488 0 21000 0 0 0 18250 0 18574 0 372312 0 0 0 WILLIAM JOHN BEHRE Provost 177244 0 13000 0 0 0 11141 0 20661 0 222046 0 0 0 JOHN SOMMER VP FOR FINANCE & ADMIN 178490 0 13500 0 0 0 10559 0 1152 0 203701 0 0 0 Justin Roy Dean of Admissions 146160 0 0 0 0 0 8773 0 14527 0 169460 0 0 0 NONFIXED PAYMENTS FORM 990, SCH J, PART I LINE 7 PRESIDENT, PROVOST AND VICE PRESIDENT FOR FINANCE & ADMINISTRATION RECEIVED ADDITIONAL COMPENSATION IN THE FORM OF VARIABLE PAY BASED UPON THE ACHIEVEMENT OF DEFINED GOALS AND OBJECTIVES AS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. A New Jersey Educational Fac Auth 2007 Series D 221829511 646065KQ4 2007-07-19 27196077 Refund Series 2003 & Construction false false false B NEW JERSEY EDUCATIONAL FAC AUTH 2007 SERIES H 221829511 2007-09-28 1050000 Property Acquisition false false false C NEW JERSEY EDUCATIONAL FAC AUTH 2014D 221829511 646066DG2 2014-04-29 19369367 REFUND 2004 ISSUE AND CONSTRUCTION false false true D NEW JERSEY EDUCATIONAL FAC AUTH 2016A 221829511 2016-07-26 20805115 REFUND SERIES 2005 & 2006 false false true A 3829823 0 27196077 2063255 0 0 443446 0 0 11220886 13468490 0 2008 false true true true B 505211 0 1050000 0 0 0 0 0 0 1050000 0 0 2007 false false true true C 582585 0 944442 0 0 0 5526 0 0 751266 187650 0 2014 false true true true D 0 0 802948 0 0 0 1869 0 0 0 801079 0 2016 true false true true A false false true true false 0 false false false true B false false false false 0 false false false true C false false false false 0 false false false true D false false false false 0 false false false true A false true false false 0 false 0 false true B false true false false 0 false 0 false true C false true false false 0 false 0 false true D false true false false 0 false 0 false true A true B true C true D true SCHEDULE K: BOND A - NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY, PROJECT REVENUE BONDS, 2007 SERIES D: ON JULY 10, 2007, THE UNIVERSITY ISSUED NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 2007 SERIES PROJECT D BONDS IN THE AMOUNT OF $27,196,077 (PAR AMOUNT OF $26,980,000 PLUS ORIGINAL ISSUE PREMIUM OF $216,077). THE PROCEEDS FROM THIS ISSUE WERE USED FOR THE PURPOSES OF FINANCING THE COSTS TO CONSTRUCT AND EQUIP THE WELLNESS CENTER AND AN ADVANCE REFUNDING OF A PORTION OF SERIES 2003C BONDS. PART III, LINE 3A: ALL CONTRACTS FALL UNDER REV. PROC. 97-13 OR ARE INCIDENTAL IN NATURE AND DO NOT CONSTITUE PRIVATE BUSINESS USE. PART IV, LINE 2C: THE LAST COMPUTATION WAS DONE 04/11/2016. BOND B- NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY, PROJECT REVENUE BONDS, 2007 SERIES H, DATE ISSUED 9/28/2007: THESE BONDS WERE ISSUED BY THE NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY PURSUANT TO A NEW JERSEY STATE PROGRAM TO FINANCE CAPITAL IMPROVEMENTS AT INSTITUTIONS OF HIGHER EDUCATION IN NEW JERSEY. THE BONDS WERE SOLD BASED ON THE CREDIT OF THE STATE OF NEW JERSEY IN THE AGGREGATE PRINCIPAL AMOUNT OF $76,725,000. THIS AMOUNT WAS ALLOCATED TO BOTH PUBLIC AND PRIVATE INSTITUTIONS. A FORM 8038 WAS FILED FOR THE PORTION OF THE ISSUE ALLOCATED TO THE PRIVATE INSTITUTIONS AND A SEPARATE FORM 8038-G WAS FILED FOR THE PORTION ALLOCATED TO PUBLIC INSTITUTIONS. GEORGIAN COURT RECEIVED AN AMOUNT OF $1,050,000. THE AMOUNTS REPORTED ON SCHEDULE K CORRESPONDS TO THE FORM 8038 FILED. BOND C - NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY, HIGHER EDUCATION CAPITAL IMPROVEMENT FUND, SERIES 2014 D: PART II, LINE 3: BOND 2014D IS A POOLED FINANCING BOND. THE PORTION REPORTED ON SCHEDULE K PART II IS REFLECTIVE OF ONLY GEORGIAN COURT UNIVERSITY'S PORTION. PART IV, LINE 2C: THE LAST COMPUTATION WAS DONE 07/06/2015. BOND D - NEW JERSEY EDUCATION FACILITIES AUTHORITY, HIGHER EDUCATION CAPITAL IMPROVEMENT FUND, SERIES 2016 A: PART II, LINE 3: BOND 2016A IS A POOLED FINANCING BOND. THE PORTION REPORTED ON SCHEDULE K PART II IS REFLECTIVE OF ONLY GEORGIAN COURT UNIVERSITY'S PORTION. BOND A - NEW JERSEY EDUCATION FACILITIES AUHTORITY, HIGHER EDUCATION CAPITAL IMPROVEMENT FUND, SERIES 2016 B: PART II, LINE 3: BOND 2016B IS A POOLED FINANCING BOND. THE PORTION REPORTED ON SCHEDULE K PART II IS REFLECTIVE OF ONLY GEORGIAN COURT UNIVERSITY'S PORTION. ERIN QUINN CRITCHETT BONCZEK SEE PART V 61921 EMPLOYEE COMPENSATION false FORM 990, PART IV ERIN QUINN CRITCHETT BONCZEK IS EMPLOYED BY THE UNIVERSITY AND IS A FAMILY MEMBER OF EVELYN SAUL QUINN, VP FOR MISSION INTERGRATION. FORM 990, PART I, LINE 1 Georgian Court offers a comprehensive liberal arts education in the Roman Catholic tradition, with a special concern for women, and is committed to its core values of justice, respect, integrity, service, and compassion. FORM 990, PART III, 4A INSTRUCTIONAL DEGREE PROGRAM IN 2016-17, GEORGIAN COURT UNIVERSITY ENROLLED MORE THAN 2,300 STUDENTS IN MORE THAN 33 UNDERGRADUATE AND 10 DISTINCTIVE GRADUATE PROGRAMS THROUGH THE SCHOOL OF BUSINESS AND DIGITAL COMMUNICATION, THE SCHOOL OF EDUCATION, AND THE SCHOOL OF ARTS AND SCIENCES. THE UNIVERSITYS FASTEST-GROWING AND MOST COMPETITIVE DEGREE PROGRAM, THE BACHELOR OF SCIENCE IN NURSING (BSN), IS TAUGHT IN THE GCU-MERIDIAN HEALTH SCHOOL OF NURSING, AND BENEFITS FROM ITS PARTNERSHIP WITH HACKENSACK MERIDIAN HEALTH, ONE OF THE LARGEST HEALTHCARE NETWORKS IN NEW JERSEY. THE UNIVERSITY OFFERS A VARIETY OF ONLINE PROGRAMS AND SPECIALTY CERTIFICATES IN SUCH FIELDS AS HOLISTIC HEALTH, MERCY SPIRITUALITY AND EDUCATIONAL LEADERSHIP. GEORGIAN COURT, LOCATED IN HISTORIC LAKEWOOD, NEW JERSEY, IS THE ONLY CATHOLIC INSTITUTION OF HIGHER EDUCATION SERVING RESIDENTS THROUGHOUT CENTRAL AND SOUTHERN NEW JERSEY. THE UNIVERSITY HAS HISTORIC ROOTS AS A WOMEN'S COLLEGE, AND SERVED MEN IN EVENING AND GRADUATE COURSES, USUALLY PART-TIME, UNTIL SEPTEMBER 2012. GCU BECAME FULLY COEDUCATIONAL IN SEPTEMBER 2013 WITH THE ADDITION OF MEN IN CAMPUS RESIDENCE HALLS AND THE LAUNCH OF MENS ATHLETICS. BY THE 2016-17 ACADEMIC YEAR, GCUS UNDERGRADUATE POPULATION WAS 72% FEMALE AND 28% MALE WITH MEN PARTICIPATING IN SPORTS, STUDENT GOVERNMENT, CAMPUS MINISTRY, CAMPUS LEADERSHIP, AND RESIDENCE LIFE. GCU PROVIDES ALL STUDENTS WITH A VALUES-BASED LIBERAL ARTS EDUCATION THAT (1) ENHANCES THEIR MARKETABILITY ACROSS VARIOUS ACADEMIC DISCIPLINES; (2) EMPHASIZES PURPOSEFUL LEADERSHIP; AND (3) PREPARES THEM TO CONTRIBUTE TO THE GREATER GOOD LOCALLY, NATIONALLY, AND THROUGHOUT THE WORLD. GEORGIAN COURT UNIVERSITY EXCELS AT DELIVERING A CURRICULUM THAT IS DESIGNED TO ENGAGE STUDENTS AND ALLOW FOR PERSONAL AND PROFESSIONAL EXPLORATION IN THEIR COURSEWORK. FOR EXAMPLE, GCU'S 13:1 STUDENT-FACULTY RATIO ALLOWS STUDENTS TO LEARN IN SMALL CLASSES AND ENABLE STUDENTS TO SUCCEED BEYOND ACADEMICS BECAUSE OF THE HIGH-IMPACT LEARNING PRACTICES. IN THE UNIVERSITYS MOST RECENT REPORT FROM THE NATIONAL SURVEY OF STUDENT ENGAGEMENT, 83% OF SENIORS CHARACTERIZED THEIR GROWTH IN CRITICAL AND ANALYTICAL THINKING AS "VERY MUCH"QUITE A BIT." ALSO, 75% OF SENIORS RESPONDED "VERY MUCH"QUITE A BIT" WHEN ASKED ABOUT THEIR GROWTH IN WORKING WITH OTHERS AND IN DEVELOPING A PERSONAL CODE OF VALUES AND ETHICS. IN ADDITION, 94% OF SENIORS REPORTING TAKING COURSES THAT INCLUDED A COMMUNITY-BASED, SERVICE LEARNING PROJECT. AMONG THOSE GRADUATING, EIGHT OUT OF 10 STUDENTS RATED THEIR ENTIRE EDUCATIONAL EXPERIENCE AT GEORGIAN COURT AS "EXCELLENT"GOOD." THIS TYPE OF LEARNING ENVIRONMENT, COUPLED WITH APPROACHABLE FACULTY AND AN EXTENSIVE RANGE OF PROGRAMS AIMED AND ENSURING STUDENT SUCCESS, ARE ESPECIALLY HELPFUL AT GCU WHERE ADULT LEARNERS (AGES 25 OR OLDER) COMPRISE ABOUT 14% OF THE STUDENT POPULATION AND 43% OF ALL STUDENTS ARE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE. GEORGIAN COURT RECEIVED MANY ACCOLADES IN 2016-17, INCLUDING BEING AMONG THE TOP 50 COLLEGES NAMED BY WASHINGTON MONTHLY AS A 'BEST BANG FOR THE BUCK, AND BEING AMONG THE INSTITUTIONS RANKED BY U.S. NEWS & WORLD REPORT. THESE ACHIEVEMENTS POINT TO GCU AS A VALUES-BASED AND VALUE-ADDED INSTITUTION. THE UNIVERSITYS MISSION, ITS MIX OF ECONOMICALLY DIVERSE STUDENTS, AND ITS ONGOING COMMITMENT TO STUDENT SUPPORT WERE CITED AS GCU BECAME A 2017 COLLEGE OF DISTINCTION AND A CATHOLIC COLLEGE OF DISTINCTION. OTHER THIRD-PARTY ORGANIZATIONS, INCLUDING THE FEDERAL COLLEGE SCORECARD, GAVE GCU POSITIVE MARKS IN 2016-17. IT REPORTED GEORGIAN COURTS SIX-YEAR GRADUATION RATE OF 51% AS SLIGHTLY HIGHER THAN NATIONAL NORMS AND GCU ALUMNI MEDIAN EARNINGS ($42,800) WERE ABOVE AVERAGE, TOO. IN ADDITION, 78% OF GCU STUDENTS RETURNED AFTER THEIR FIRST YEAR, WHICH IS CONSIDERABLY HIGHER THAN THE NATIONAL AVERAGE (69%). JUST AS THE UNIVERSITY CONTINUES TO GRADUATE HIGH-QUALITY, HIGH-PERFORMING ALUMNI, GCU IS ATTRACTING BETTER PREPARED STUDENTS. FOR EXAMPLE, IN FALL 2016, THE AVERAGE INCOMING FRESHMAN HAD A 3.27 GPA, UP FROM A 3.25 GPA IN 2015. GCUS GROWTH IS NOT LIMITED TO ITS HISTORIC LAKEWOOD CAMPUS. DURING 2016-17, GCU SIGNED NEW PARTNERSHIP AGREEMENTS WITH TEN CATHOLIC HIGH SCHOOLS, GIVING THEIR HIGHEST-PERFORMING STUDENTS THE BENEFIT OF GUARANTEED ADMISSIONS, ONE-ON-ONE COLLEGE ADVISING AND SPECIAL SCHOLARSHIP FUNDING. SIMILARLY, THE UNIVERSITY ENTERED NEW AGREEMENTS WITH AREA COMMUNITY COLLEGES, INCLUDING CUMBERLAND COUNTY COLLEGE AND BROOKDALE COMMUNITY COLLEGE. THE UNIVERSITY LAUNCHED ITS NEWEST PROGRAMS TARGETING ADULT LEARNERS THROUGH THE NEW GCU@HAZLET, A PARTNERSHIP WITH BROOKDALE AT ITS NORTHERN MONMOUTH EDUCATIONAL CENTER. AT THE SAME TIME, THE UNIVERSITYS GRADUATE PROGRAMS EXPANDED TO SEVEN NEW JERSEY COUNTIES AS MASTERS LEVEL STUDENTS ENROLLED IN EDUCATIONAL LEADERSHIP AND ADMINISTRATION CLASSES TAUGHT OFFSITE. FOR TRADITIONAL UNDERGRADUATES, FEDERAL PROGRAMS LIKE GCUS $1.4 MILLION TRIO-SSS GRANT FROM THE U.S. DEPARTMENT OF EDUCATION ARE AMONG THE MANY EXAMPLES OF WAYS GCU SUPPORTS ITS STUDENTS. TRIO-SSS, WHICH HAS BEEN ON GCUS CAMPUS FOR THREE DECADES, OFFERS ACADEMIC TUTORING, PERSONAL COUNSELING, MENTORING, FINANCIAL GUIDANCE, AND OTHER SERVICES, TO HELP UPWARD OF 160 STUDENTS EACH YEAR. IN LATE 2016, THE UNIVERSITY WAS ALSO AWARDED A $1.9 MILLION GRANT TO SUPPORT CHART THE COURSE, GCUS INTENSIVE RETENTION EFFORT FOR ALL FIRST-YEAR STUDENTS WHO RISK NOT COMPLETING 30 CREDITS BY THE END OF THEIR FRESHMAN YEAR. LAST YEAR, CHART THE COURSE INCREASED FIRST-TO-SECOND YEAR RETENTION FROM 70% TO 85%. THE U.S. DEPARTMENT OF EDUCATION HAS FUNDED THE RETENTION PROGRAM FOR A FIVE-YEAR PERIOD, AND AS A CONTINUATION OF THE ITS SUCCESS, GCU EXPANDED THE INITIATIVE WITH "PATHWAY TO CAREER SUCCESS," DESIGNED TO ASSIST SOPHOMORES AND ENSURE IMPROVED ACADEMIC SUCCESS, DEGREE COMPLETION, AND FOCUSED CAREER GOALS. THESE EFFORTS REFLECT THE UNIVERSITYS ONGOING COMMITMENT TO ACCESSIBILITY, AFFORDABILITY AND ACCOUNTABILITY. EXPANDED EFFORTS IN FACULTY ADVISING, MANDATORY STUDY SESSIONS FOR STUDENT ATHLETES, AND THE UNIVERSITY WRITING CENTER AND SELF-PACED REMEDIAL MATH LAB ARE ALSO MAKING A DIFFERENCE. SERVICE, ONE OF GCUS MERCY CORE VALUES, IS EMBEDDED IN THESE AND OTHER EXPERIENCES, AS EVIDENCED BY GCUS INCLUSION AMONG THE NEW JERSEY CHAMBER OF COMMERCE'S "COMPANIES THAT CARE,THE GCU LIONS' NATIONAL FIRST-PLACE WIN IN THE NCAAS HELPER-HELPER COMPETITION. THE OFFICE OF MISSION INTEGRATION, WHICH TRACKS THE VOLUNTEER SERVICE HOURS OF STAFF, FACULTY AND STUDENTS, EXPANDED ITS WORK WITH THE MERCY COLLEGIATE SOCIETY, VOCATIONAL AND SPIRITUAL RETREATS, AND GCUS ANNUAL CRITICAL CONCERNS WEEK, WHICH FOCUSED ON SOCIAL JUSTICE ISSUES FACING WOMEN AROUND THE WORLD. EVENTS DREW NEARLY 1,000 PARTICIPANTS IN 2016-17. GCUS OFFICE OF GLOBAL EDUCATION GREW AS WELL, WITH GCU STUDENTS PARTICIPATING IN A VARIETY OF INTERNATIONAL EXPERIENCES IN AUSTRALIA, INDIA, ITALY, FRANCE AND OTHER COUNTRIES. STUDENT NEED AT GCU IN 2016-17, ABOUT 97% OF FULL-TIME FIRST-YEAR STUDENTS RECEIVED FINANCIAL AID, WITH AN AVERAGE PACKAGE OF $32,293. ABOUT 44% OF ALL STUDENTS RECEIVED PELL GRANTS (FEDERAL AID FOR LOWER-INCOME FAMILIES), AND 43% IDENTIFIED THEMSELVES AS FIRST-GENERATION COLLEGE STUDENTS. OVERALL, MORE THAN 650 STUDENTS WERE AWARDED ABOUT $2.7 MILLION IN PELL GRANT FUNDING. IN ADDITION, THE GENEROSITY OF INDIVIDUALS AND FOUNDATION DONORS, COMBINED WITH GCUS CONSERVATIVE APPROACH TO STEWARDSHIP, ALLOWED THE UNIVERSITY TO PROVIDE MORE THAN $19 MILLION IN AID TO STUDENTS. FORM 990, PART III, 4C STUDENT ATHLETES & PROGRAMS AS A MEMBER OF THE CENTRAL ATHLETIC COLLEGIATE CONFERENCE, GCU HAD 264 ATHLETES PARTICIPATING IN NCAA DIVISION II SPORTS. MENS SOCCER REFLECTED EXCEPTIONAL GROWTH, WHILE OTHER SPORTS ALSO ATTRACTED STUDENT-ATHLETES IN BASKETBALL, CROSS COUNTRY, LACROSSE, SOCCER, SOFTBALL, VOLLEYBALL, TENNIS, AND BOTH INDOOR AND OUTDOOR TRACK & FIELD. FRESHMEN ATHLETES AT GCU COME TO COLLEGE WELL-PREPARED: THE AVERAGE GPA IN FALL 2016 WAS 3.41 FOR NEW STUDENTS AND 3.08 FOR CONTINUING ATHLETES. IN APRIL 2017, GEORGIAN COURT ATHLETES WERE HONORED BY THE NCAA FOR THEIR COMMITMENT TO IMPROVING THE LIVES OF OTHERS. THE GCU LIONS INVESTED MORE THAN 3,300 SERVICE HOURS DURING THE NATIONAL HELPER HELPER COMMUNITY SERVICE COMPETITION, AND AMASSED UPWARD OF 15,000 SERVICE HOURS FOR FY17. THEIR VOLUNTEER WORK WITH UNIFIED SPORTS (FORMERLY SPECIAL OLYMPICS), MAKE-A-WISH FOUNDATION, NATIONAL GIRLS AND WOMEN IN SPORTS DAY, AND THE SOCIETY OF ST. VINCENT DE PAUL CONTRIBUTED TO THE LIONS SUCCESS. FORM 990, PART VI, SECTION A, LINE 7 IN APRIL 2006, THE SISTERS OF MERCY OF THE REGIONAL COMMUNITY OF NEW JERSEY TRANSFERRED THE SPONSORSHIP OF GEORGIAN COURT TO THE CONFERENCE FOR MERCY HIGHER EDUCATION (CMHE). CMHE COORDINATES COLLABORATION AMONG THE 16 MERCY COLLEGES AND UNIVERSITIES THROUGHOUT THE COUNTRY ON BEHALF OF THE INSTITUTE OF THE SISTERS OF MERCY OF THE AMERICAS. GEORGIAN COURT UNIVERSITY HAS A TWO-TIERED GOVERNANCE STRUCTURE, THE FIRST TIER CONSISTING OF CMHE (AS THE UNIVERSITY'S SOLE MEMBER) AND THE SECOND BEING THE DULY ELECTED BOARD OF TRUSTEES, WHICH INCLUDES THE PRESIDENT OF THE UNIVERSITY AS AN EX-OFFICIO MEMBER. CONTROL OF THE UNIVERSITY AND ITS AFFAIRS AND PROPERTY IS VESTED IN THE BOARD OF TRUSTEES PURSUANT TO THE UNIVERSITY'S BY-LAWS, SUBJECT TO THE POWERS RESERVED TO CMHE, INCLUDING AMONG OTHERS, THE POWER TO ESTABLISH THE PHILOSOPHY AND MISSION OF THE UNIVERSITY, ELECT OR REMOVE WITH OR WITHOUT CAUSE THE UNIVERSITY PRESIDENT AND MEMBERS OF THE BOARD OF TRUSTEES, APPROVE EXPENDITURES THAT ARE IN EXCESS OF A LEVEL REQUIRING APPROVAL OF THE HOLY SEE AND MERGE, CONSOLIDATE, DISSOLVE, OR CHANGE THE CORPORATE STRUCTURE OF THE UNIVERSITY. EXCEPT TO THE EXTENT RESERVED TO CMHE, THE BOARD OF TRUSTEES IS EMPOWERED TO MANAGE THE PROPERTY AND BUSINESS OF THE UNIVERSITY, INCLUDING WITHIN SUCH AUTHORITY, THE POWER TO DELEGATE SUCH RESPONSIBILITIES AND DUTIES TO THE OFFICERS OF GEORGIAN COURT UNIVERSITY AS THE BOARD OF TRUSTEES DEEMS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 11B THE UNIVERSITY'S FORM 990 WAS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM IN CONJUNCTION WITH THE UNIVERSITY'S FINANCE DEPARTMENT. A DRAFT IS PREPARED AND DISTRIBUTED TO THE FULL AUDIT COMMITTEE FOR REVIEW. THE AUDIT COMMITTEE RECOMMENDS AND APPROVES FOR FILING THE FORM 990. THE FORM 990, AS ULTIMATELY FILED WITH THE IRS, IS DISTRIBUTED TO THE FULL BOARD IN ADVANCE OF ITS FILING. FORM 990, PART VI, SECTION B, LINE 12 EACH TRUSTEE, OFFICER, AND KEY EMPLOYEE OF THE UNIVERSITY IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR EMPLOYMENT, BOARD SERVICE, FAMILY OR BUSINESS RELATIONSHIPS, OR POSITION WITH THE UNIVERSITY. THE UNIVERSITY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH A CONFLICT OF INTEREST STATEMENT THAT IS COMPLETED BY EACH BOARD MEMBER AT THE ANNUAL JUNE MEETING. THESE ARE REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD. IN ADDITION TO THE BOARD MEMBERS, THE EXECUTIVE LEVEL, ALL FINANCE STAFF, AS WELL AS ANYONE IN POSITIONS IDENTIFIED BY FUNCTION TO HAVE POSSIBLE INFLUENCE WITH CONTRACT OR FINANCIAL TRANSACTIONS OR SYSTEMS WITHIN THE UNIVERSITY, COMPLETE THE QUESTIONNAIRE ANNUALLY. THESE ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER AND DIRECTOR OF HUMAN RESOURCES. ANY DISCLOSED RELATIONSHIPS ARE COMMUNICATED TO THE CONTROLLER FOR THE PURPOSE OF AUDIT, INTERNAL CONTROLS AND COMPLETING THE FORM 990. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS TOP MANAGEMENT OFFICIAL AND ALL OF ITS OFFICERS AND KEY EMPLOYEES OF ORGANIZATION IS REASONABLE GIVEN THE MARKET IN WHICH THE UNIVERSITY OPERATES. CEO COMPENSATION: THE EXECUTIVE COMMITTEE OF THE BOARD, REVIEWS THE COMPENSATION PACKAGE OF THE PRESIDENT ANNUALLY AT ITS JUNE MEETING. COMPENSATION LEVEL IS DECIDED UPON UTILIZING COMPARATIVE DATA RECEIVED FROM THE HUMAN RESOURCE DEPARTMENT. OFFICER POSITIONS ARE ASSIGNED A SALARY RANGE ESTABLISHED BY A COMPENSATION STUDY DONE BY AN OUTSIDE FIRM AND THE EXECUTIVE COMMITTEE OF THE BOARD ALSO REVIEWS THE COMPENSATION FOR THESE EMPLOYEES WHO ARE CONSIDERED HIGHEST-PAID EMPLOYEES. THE OFFICERS RESIDE ON THE PRESIDENT'S ADMINISTRATIVE TEAM, CATEGORIZED AS THE EXECUTIVE LEVEL OF THE UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE LISTED WITH BOND REPORTING AGENCIES. FORM 990, PART VII FORMER PRESIDENT, SISTER ROSEMARY JEFFRIES IS REPRESENTED AS HAVING RECEIVED NO COMPENSATION FROM THE UNIVERSITY BECAUSE THE ORDER SHE REPRESENTS RECEIVES ALL COMPENSATION SHE WOULD OTHERWISE BE PAID. THE SISTERS OF MERCY FULFILL VARIOUS ROLES WITHIN THE UNIVERSITY. SOME POSITIONS, WHICH WOULD OTHERWISE BE FILLED WITH LAY PERSONS, ARE ASSIGNED A VALUE FOR COMPENSATION AND PAYMENTS FOR THESE SERVICES ARE MADE TO THE SISTERS OF MERCY. THE PAYMENTS MADE FOR THE CALENDAR YEAR 2016 TOTALED $437,657 AND THE COMPENSATION FOR THIS POSITION IS INCLUDED IN THIS FIGURE. THIS COMPENSATION IS NOT TREATED AS TAXABLE INCOME TO THE SISTERS SINCE THEY ARE MEMBERS OF A RELIGIOUS ORDER. THEREFORE, SISTER ROSEMARY JEFFRIES IS STILL DEEMED TO BE A FORMER OFFICER. FORM 990, PART XI, LINE 9 Split interest agreements/life ins surrender value 43,397 Conference for Mercy Higher Education 8630 Fenton Street 934 Silver Spring MD 20190 431973007 Sponsorship MD 501(c)(3) 1 NA false Paul Delaurentis Perpetual Scholarship 400 Locust Street Lakewood NJ 08701 237814490 Trust NJ NA Trust 11500 246056 1.00000 true Peter Delaurentis Perpetual Scholarship 400 Locust Street Lakewood NJ 08701 226640205 Trust NJ NA Trust 17000 409644 1.00000 true false true false false false false false false false false false true false false false true false true