2017-05-15T08:28:36-05:00 2016-06-30 135565207 KPMG LLP 300 North Greene Street Greensboro NC 27401 990 2015-07-01 591083502 Nova Southeastern University Inc NOVA 9542625258 3301 College Avenue Fort Lauderdale FL 33314 George L Hanbury IIPhD President and CEO 9542627500 2017-05-11 1 P00448640 3362753394 2015 2021-01-29 14:40:06Z Nova Southeastern University George L Hanbury IIPhD 3301 College Avenue Fort Lauderdale FL 33314 977704004 0 X www.nova.edu X 1964 FL Nova Southeastern University's primary activity is to provide educational services. See Part III. 28 25 9149 1362 4051318 -1489305 49098811 47874466 619088482 627241064 5896445 12332558 4104207 3536371 678187945 690984459 50139145 56505906 0 0 364135317 362720309 0 242727 4337731 218294840 224280758 632569302 643749700 45618643 47234759 1294127802 1305059065 603508399 575013583 690619403 730045482 X The mission of Nova Southeastern University, a private, not-for-profit institution, is to offer a diverse array of innovative academic programs that complement on-campus educational opportunities and resources with accessible, (continued on Schedule O) distance-learning programs to foster academic excellence, intellectual inquiry, leadership, research, and commitment to community through engagement of students and faculty members in a dynamic lifelong learning environment. 0 0 282349162 37199061 551669530 Instructional Services: Nova Southeastern University (NSU) offers undergraduate, graduate and first-professional degrees, and certificate programs to nearly 23,000 full and part-time students in a wide range of fields including medicine, health sciences, computer sciences, law, education, psychology, business, and marine biology. NSU has 18 colleges and schools: Abraham S. Fischler College of Education; College of Allopathic Medicine; College of Arts, Humanities, and Social Sciences; College of Dental Medicine; College of Engineering and Computing; College of Health Care Sciences; College of Medical Sciences; College of Nursing; College of Optometry; College of Osteopathic Medicine; College of Pharmacy; College of Psychology; (continued on Schedule O)Farquhar Honors College; Halmos College of Natural Sciences and Oceanography; H. Wayne Huizenga College of Business and Entrepreneurship; Shepard Broad College of Law; Mailman Segal Center for Human Development and the NSU University School.Courses are taught at four South Florida campuses; eight regional campus locations, including Puerto Rico; and at sites in 14 states, as well as foreign countries. NSU University School offers innovative alternatives in primary and secondary education to children from preschool through grade 12. The Mailman Segal Center for Human Development is a multidisciplinary demonstration and training center for education, research, and the advancement of knowledge in the fields of family studies, early childhood, and autism across the life span. 87034903 234293 6418846 Academic Support: Programs include the NSU library system, computer services, museum of art operations, student education center operations and maintenance of facilities dedicated to instructional activities. The university library system is composed of the Alvin Sherman Library, Research, and Information Technology Center; the Health Professions Division Library; the Law Center Library; the Oceanography Library; and the NSU University School Media Center. The 325,000-square-foot Alvin Sherman Library, Research, and Information Technology Center is a joint-use facility with the Broward County Board of County Commissioners. The facility contains electronic classrooms, group-study rooms, a large collaborative study room, a cafe, and service desks with staff trained and ready to serve library users. 59171593 502382 37654462 Auxiliary Enterprises: The Health Professions Division has outpatient facilities that provide medical, dental, optometry, pharmacy, occupational therapy, and physical therapy services, as well as audiology and hearing and balance services. In addition, seven residence halls on the main campus serve undergraduate, graduate, health professions and law students, with a capacity for housing nearly 1,500 students. The Don Taft University Center is a state-of-the-art, 366,000-square-foot facility that features three NCAA competition courts in the main arena, as well as two intramural courts, group fitness and instruction rooms, cardio and weight training areas, squash courts, a rock climbing wall, and The Flight Deck (student lounge). (continued on Schedule O)The Performing and Visual Arts Wing of the Don Taft University Center houses the college's Division of Performing and Visual Arts and includes state of the art classrooms and facilities that support the division's art, dance, music, and theatre majors. 121052156 18570170 31676517 Nova Southeastern University goes beyond its primary mission by reaching out to the community with diverse service programs and community-based research. NSU has been designated by the Carnegie Foundation for the Advancement of Teaching with its prestigious "community engaged and "high research activity" designations. NSU delivers tangible benefits, including junior kindergarten through doctoral education, physical infrastructure, a professional workforce, employment opportunities, delivery of health care and law services in Broward and Miami-Dade counties, lifelong learning options, community-service initiatives, and public access to cultural and scholarly experiences. NSU continues to grow its research activities. More than 200 research projects are currently under way at NSU, including studies on cardiovascular disease, anti-cancer therapies, chronic fatigue syndrome, autism, coral reef restoration, stem cells, and wildlife DNA forensics, among other subjects. The university's commitment to scientific and technological exploration led to the opening of NSU's Guy Harvey Oceanographic Center building and the Center for Collaborative Research (CCR) in 2016. The CCR is a 215,000 square foot facility that houses core facilities including Genomics, Flow Cytometry, Cell Therapy and Imaging. The CCR is expected to bring multiple disciplines together, with students and NSU faculty members partnering with professionals and organizations outside of the NSU community-furthering cutting-edge research and developing technologies that will benefit the global community. 121052156 18570170 31676517 549607814 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 1 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 1 1 1 1 0 0 1 32144 0 1 9149 1 1 1 1 CJ 0 0 0 1 1 0 0 0 1 0 X 28 25 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA GA IN OR MI SC NC VA X Alyson Silva VP of Finance & CFO 9542625258 3301 College Avenue Fort Lauderdale FL 33314 Ronald G Assaf Chair 0.50 0.10 X 0 0 0 Walter L Banks Sr Trustee 0.50 X 0 0 0 Mitchell Berger Trustee 0.50 X 0 0 0 Keith Brown Trustee 0.50 X 0 0 0 Rick Case Trustee 0.50 X 0 0 0 R Douglas Donn Trustee 0.50 X 0 0 0 W Tinsley Ellis Secretary 0.50 X X 0 0 0 Arthur J Falcone Trustee 0.50 X 0 0 0 Silvia Flores Trustee 0.50 X 0 0 0 Steven J Halmos Trustee 0.50 X 0 0 0 Carol M Harrison Trustee 0.50 X 0 0 0 Susanne Hurowitz Trustee 0.50 0.00 X 0 0 0 Mike Jackson Trustee 0.50 X 0 0 0 Royal F Jonas Trustee 7.50 1.00 X 42000 0 0 Milton Jones Trustee 0.50 X 0 0 0 Barbara Trebbi Landry Trustee 0.50 X 0 0 0 Alan B Levan Trustee 0.50 X 0 0 0 Nell McMillan Lewis Trustee 0.50 X 0 0 0 Albert J Miniaci Trustee 0.50 X 0 0 0 Samuel Morrison Trustee 0.50 X 0 0 0 Charles F Palmer Trustee 0.50 X 0 0 0 Martin R Press Trustee 0.50 X 0 0 0 Paul M Sallarulo Trustee 0.50 X 0 0 0 Barry J Silverman Vice Chair 0.50 0.10 X 0 0 0 Philip P Smith Trustee 0.50 X 0 0 0 J Kenneth Tate Trustee 0.50 0.10 X 0 0 0 Zachariah P Zachariah Trustee 0.50 X 0 0 0 Michael Zager Trustee 0.50 X 0 0 0 George L Hanbury II PhD President/Chief Executive Officer 37.50 0.10 X X 1665026 0 47859 Jacqueline A Travisano Exec VP/Chief Operating Officer 37.50 X 447833 0 86304 Ralph Rogers Provost/Exec VP of Academic Affairs 37.50 X 385885 0 42581 Frederick Lippman Health Profess Div Chancellor 37.50 1.20 X 442703 0 27815 Stanley Wilson Dean - Coll. of Health Care Sciences 37.50 X 191130 0 33787 Anthony J Silvagni Dean/Prof. - Coll. Osteopathic Medicine 37.50 X 357282 0 43800 Jennifer O'Flannery Anderson VP Advancement & Comm. Relations 37.50 X 333859 0 41483 Ray Ferrero Jr University Chancellor 37.50 X 429764 0 47641 Elaine Wallace Dean - Coll. of Osteopathic Medicine 37.50 X 334352 0 42203 Harry Thomas Temple Sr VP - Research & Economic Dev. 37.50 X 373558 0 11083 H Wells Singleton Former Key Employee 37.50 X 205319 0 13291 Francis A DePiano Former Key Employee 37.50 X 219752 0 30520 5428463 0 468367 617 1 1 0 ANF Group Inc 2700 Davie Road Davie FL 33314 Construction 24394311 TCB Systems Inc PO BOX 960786 Miami FL 33296 Janitorial 9020364 Chartwells 777 Glades Road Boca Raton FL 33431 Food Services 6321913 Grycon LLC 4101 Ravenswood Rd Ste 325 Dania Beach FL 33312 Construction 6178918 Fahlgren Inc 4030 Easton Station Ste 300 Columbus OH 43219 Advertising 4768585 93 1111923 27280906 19481637 489149 47874466 Tuition and Fees 611710 576092273 576092273 Auxiliary Operation 611710 37550269 19489065 18061204 13598522 13523739 74783 627241064 8309724 74650 8235074 85000 85000 355842 273116 82726 82726 82726 288828312 43495 284750963 98010 4077349 -54515 4022834 4022834 329031 1111923 1040562 -711531 -711531 1424149 556894 867255 168291 698964 Grande Oaks LLC 713910 3212921 10000 3202921 3212921 690984459 609283368 4051318 29775307 4328553 4328553 52174480 52174480 2873 2873 2627681 1058257 1328320 241104 485897 485897 287668784 251283501 35069978 1315305 19088776 16656742 2342250 89784 32612951 28330480 4111442 171029 20236220 17571401 2557612 107207 5583268 1234332 4348336 600 728316 32398 695918 1009151 1009151 242727 242727 461981 461981 24490080 20035684 3916803 537593 9708492 5577964 4083339 47189 29606748 22748485 6430494 427769 11913986 9760451 2091326 62209 47622920 39874929 7693222 54769 6407625 5548477 802798 56350 2259069 1993280 239462 26327 13380378 11674195 1635979 70204 40016025 35091342 4715563 209120 8155925 7504722 651203 Special Promotions 4797636 2925814 1227430 644392 Small Equipment 3369171 2986234 367141 15796 Extinguishment of Debt 3130549 2732268 381893 16388 Bad Debt Expense 2911993 1867367 1044511 115 8727445 6613585 2112106 1754 643749700 549607814 89804155 4337731 15314564 14016298 20603135 17884902 19677548 25898863 23619726 22091563 7661430 7624149 793085 891513 7827924 7511323 1262007881 391946728 844210995 870061153 254565630 268351409 36490384 28142208 63363381 42585684 1294127802 1305059065 44184241 42989292 83921033 76736703 418949991 401006999 7964912 7122807 48488222 47157782 603508399 575013583 X 582454606 620377102 70739128 64530521 37425669 45137859 690619403 730045482 1294127802 1305059065 47234759 -7808680 0 X 0 1 X 1 1 1 X 71260811 35413695 44294507 49098811 47874466 247942290 71260811 35413695 44294507 49098811 47874466 247942290 6240484 241701806 4508118 5618888 6894628 8212141 8750566 33984341 281926631 3089488656 0.85730 0.89480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 1009151 0 0 1009151 0 Part II-B, Line 1: The University has hired professional consultants that have engaged in direct lobbying. These consultants work on Nova Southeastern University's behalf meeting or calling on government officials or legislators requesting support for specific projects and programs regarding higher education, research funding and other legislation which could impact the University. X X X X 0 102731211 7212400 -1607095 1567725 2224386 104544405 95430373 9001789 1591752 1043076 2249627 102731211 81063609 5545231 12008869 1060095 2127241 95430373 69576041 5175112 7533745 245178 976111 81063609 64453000 5654623 911786 1443368 69576041 0.39000 0.43000 0.18000 0 0 290976 73343283 73634259 780755696 180415271 600340425 31079255 24771955 6307300 158635370 90830470 67804900 217903301 95929032 121974269 870061153 Other Current Liabilities 12054595 Accrued Insurance 10749065 Grande Oaks Other LT Liabilities 5032999 Current Student Deposit 5036437 Long Term Refundable Perkins 4850937 Deferred Rent Liability 3308077 Other Long Term Liabilities 3381317 LT Refundable DHHS Liability 2618524 Annuities Payable 125831 47157782 X Part III, Line 1a: The NSU Art Museum Fort Lauderdale acquires art for its collection through purchase or gift. As permitted by SFAS 116 (ASC 958), accounting for contributions received and contributions made, the Museum does not include its collection items as assets in the consolidated statement of financial position. Accordingly, no value has been assigned to the Museum's art collection. The University's policy requires any proceeds from sales of collection items to be used to acquire other items for the collection. Proceeds from the sale of collection items and expenditures for collection items purchased are reflected in the consolidated statement of activities separately from revenues and expenses. Part III, Line 4: Nova Southeastern University operates the NSU Art Museum Fort Lauderdale. In service to the public, the mission of the Museum is to actively engage diverse audiences in the appreciation of works of art through innovative exhibitions, education programs, publications, and collection activities. This mission is consistent with the University's exempt educational purpose. Part V, Line 4: The University's endowment consists of approximately 300 individual endowments established for a variety of purposes. The University considers the following factors in making a determination to appropriate or accumulate donor restricted funds: a) the purposes of the institution b) the intent of the donors of the endowment fund c) the terms of the applicable instrument d) the long and short term needs of the institution e) general economic conditions f) possible effects of inflation or deflation g) the other resources of the institution h) perpetuation of the endowment Part X, Line 2: Accounting for Uncertainty in Income Taxes: The University follows the guidance contained in ASC 740, Income Taxes. ASC 740 addresses the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes a threshold of more-likely-than-not for recognition and de-recognition of tax positions taken or expected to be taken in a tax return. There were no uncertain tax positions recorded in the consolidated financial statements for fiscal years 2016 and 2015. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Consistent with all federal and state laws, rules, regulations, and/or local ordinances (e.g. Title VII, Title VI, Title III, Title II, Rehab Act, ADA, Title IX), it is the policy of Nova Southeastern University not to engage in discrimination or harassment against any persons because of race, color, religion or creed, sex, pregnancy, national or ethnic origin, non-disqualifying disability, age, ancestry, marital status, sexual orientation, unfavorable discharge from the military, veteran status, political beliefs or affiliations, and to comply with all federal and state nondiscrimination, equal opportunity and affirmative action laws, orders, and regulations. This nondiscrimination policy applies to admissions, enrollment, scholarships, loan programs, athletics, employment, and access to, participation in, and treatment in all university centers, programs, and activities. NSU admits students of any race, color, religion or creed, sex, pregnancy, national or ethnic origin, non-disqualifying disability, age, ancestry, marital status, sexual orientation, unfavorable discharge from the military, veteran status, political beliefs or affiliations, and activities generally accorded or made available to students at NSU and does not discriminate in the administration of its educational policies, admission policies, scholarship and loan programs, and athletic and other school administered programs. Schedule E, Part I, Line 6 Students receive financial aid from the federal government. State aid is provided through grants. 0 Central America/Caribbean 1 1 Program Services Academic Studies 152711 North America 1 3 Program Services Academic Studies 252985 South America 1 1 Program Services Academic Studies 157773 Europe 1 0 Program Services Academic Studies 24854 Central America/Caribbean 0 0 Grants to Recipients Located in Region 2873 Central America/Caribbean 0 0 Investments 13137404 4 5 0 0 4 5 13728600 0 13728600 Scholarships to Recipients Located in Region Central America and the Caribbean 9 2873 cash n/a 1 0 1 0 1 0 Part I, line 3: The amounts reported in column (f) include primarily the direct expenditures for the regions listed, recorded on the accrual method of accounting. X X X X X X X 1 Ruffalo Noel Levitz LLC PO Box 718 Des Moines IA 50303 Design, manage, run Phonathon 0 61151 103863 -42712 Grenzebach Glier & Associates Inc 401 North Michigan Avenue Ste 2800 Chicago IL 60611 Consult/assist development of fundraising campaign 0 0 138865 -138865 61151 242728 -181577 FL GA IL KS KY ME NM ND PA RI TN Bellissima Gala 385225 343975 41250 38109 53087 5550 101654 Nova Golf Classic 381065 228024 153041 7866 73696 22032 77486 7 674664 539924 134740 1750 370688 149413 36879 102352 1440954 1111923 329031 1750 416663 276196 64461 281492 1040562 -711531 Schedule G, Part 1, Line 2b, Column (v) Ruffalo Noel Levitz, LLC - The contract between Nova Southeastern University and Ruffalo Noel Levitz, LLC provides for billing professional fundraising fees separate from fundraising expenses such as printing letters, postage, shipping, etc. The total amount paid to Ruffalo Noel Levitz, LLC during the fiscal year ended June 30, 2016 was $103,863 of which there were no fundraising expenses. Grenzebach Glier and Associates - The total amount paid to Grenzebach Glier and Associates during the fiscal year ended June 30, 2016 was $153,995, which included professional fundraising fees of $138,865 and expenses of $15,130. The contract between Nova Southeastern University and Grenzebach Glier and Associates calls for the reimbursement of travel related fundraising expenses such as airfare and hotel, which are invoiced separately. Grenzebach Glier and Associates provides consulting services for Nova Southeastern University's overall fundraising program including the recent "Realizing Potential" campaign. 1 US Naval Research Laboratory 4555 Overlook Ave SW Washington DC 20375 530197019 govt 164744 subcontract Florida Atlantic University 777 Glades Road Boca Raton FL 33431 650385507 govt 19234 subcontract San Antonio Zoo 3903 N St Marys Street San Antonio TX 78212 741323695 501(C)(3) 67782 subcontract Texas A&M University at Galveston 400 Harvey Mitchell Parkway South Ste 300 College Station TX 77845 742125225 govt 400754 subcontract University of South Florida 4202 E Fowler Avenue Tampa FL 33620 593102112 govt 211324 subcontract Baylor University One Bear Pl 97041 Waco TX 76798 741159753 501(C)(3) 5277 subcontract Broward College 6400 NW 6 Way Ft Lauderdale FL 33309 591216107 govt 194372 subcontract Broward Community & Family Health C 5010 Hollywood Blvd Suite 100 B Hollywood FL 33021 593489664 501(C)(3) 37366 subcontract Case Western Reserve University 10900 Euclid Ave Nord Hall Suite 615 Cleveland OH 44106 341018992 501(C)(3) 44661 subcontract Central Florida AHEC Inc 328 S Central Ave Apopka FL 32703 593050122 501(C)(3) 1063169 subcontract Devereux Florida 5850 TG Lee Blvd Ste 400 Orlando FL 32822 231390618 501(C)(3) 35000 subcontract Duke University PO Box 602651 Charlotte NC 28260 560532129 501(C)(3) 18139 subcontract Everglades AHEC 5725 Corporate Way Ste 102 West Palm Beach FL 33407 592740588 501(C)(3) 857233 subcontract Florida International University 11200 SW 8 St MARC 470 Miami FL 33199 650177616 govt 499823 subcontract inxSol LLC 11036 N 23 Ave Ste 2 Phoenix AZ 85029 860876366 other 16200 subcontract Larkin Community Hospital 7000 SW 62 Ave Suite 401 Miami FL 33143 650729921 other 112165 subcontract Meta Media Training Intl Inc 5100 Buckeystown Pike Ste 200 Frederick MD 21704 522236176 other 11281 subcontract Ocean Research & Conservation Assn 1420 Seaway Dr Ft Pierce FL 34949 200901011 501(C)(3) 14075 subcontract Sigma Educational Services LLC 123 Rouelle Mandeville LA 70471 262909755 other 15579 subcontract South Florida Autism Charter School 18305 NW 75 Pl Hialeah FL 33015 263880489 501(C)(3) 19872 subcontract South Florida VA Foundation for Res 1201 NW 16 St Rm 2A103 Miami FL 33125 650207903 501(C)(3) 178844 subcontract Southwest Research Institute 6220 Culebra Rd Bldg 160 San Antonio TX 78238 741070544 501(C)(3) 43027 subcontract University of Miami PO Box 405803 Atlanta GA 30384 590624458 501(C)(3) 14566 subcontract Virtual Ability Inc 2220 S Fraser St Unit 1 Aurora CO 80014 260613580 501(C)(3) 10879 subcontract Junior Achievement of South Florida 1130 Coconut Creek Blvd Coconut Creek FL 33066 590871446 501(C)(3) 90000 contribution United Way Of Broward County Inc 1300 S Andrews Avenue Ft Lauderdale FL 33316 590624402 501(C)(3) 62792 contribution Urban League of Broward County 560 NW 27 Avenue Ft Lauderdale FL 33311 591564384 501(C)(3) 50000 contribution Jason Taylor Foundation Inc-JTF 1575 NorthPark Drive Weston FL 33326 201452369 501(C)(3) 15000 contribution Winterfest Inc 512 NE 3 Avenue Ft Lauderdale FL 33301 650059092 501(C)(3) 10000 contribution Greater Ft Lauderdale Chamber of Co 512 NE 3 Avenue Ft Lauderdale FL 33301 590250255 501(C)(6) 7700 contribution Broward Days Inc 500 E Broward Blvd No 1620 Ft Lauderdale FL 33394 650888015 513(C)(4) 7500 contribution American Heart Association 7272 Greenville Avenue Dallas TX 75231 135613797 501(C)(3) 5000 contribution 26 6 Student Financial Assistance 8036 52174480 0 n/a Part I, Line 2: NSU Office of Sponsored Programs maintains a written, formal policy that outlines the procedures and guidelines for monitoring the use of sponsored funds by subrecipients. Prior to entering into a subaward agreement, NSU will assess subrecipient risk based on factors such as financial stability, experience with federal awards, quality of management systems and internal controls, and prior audit results. NSU will determine what type of monitoring activities are warranted based on risk, and develop a subrecipient monitoring plan. NSU will subsequently enter into a subaward agreement with each subrecipient which properly identifies prime award information, compliance requirements, and subrecipient monitoring documents required, as applicable. Throughout the period of performance, the Principal Investigator for the project monitors the programmatic activities of the subrecipient; determining that appropriate progress has been made; receiving, reviewing and retaining copies of required programmatic reports; and reviewing/approving subrecipient invoices prior to submitting to the NSU Office of Sponsored Programs for approval and processing. As part of the initial risk assessment and throughout the period of performance of the subaward, NSU will collaboratively review any deficiencies pertaining to the sponsored award that are identified through audits or other means, and issue a management decision. Schedule I, Part I, Line 2: Institutional grants awarded to students are recorded to individual student accounts and to each college departmental account using specific contra revenue account codes. The number of recipients and amount of awards varies by center and program. Funds set aside for scholarships are budgeted annually and included in the University's budget plan approved by the Board of Trustees. X X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 George L Hanbury II PhD President/Chief Executive Officer 671953 0 0 0 993073 0 26500 0 21359 0 1712885 0 0 0 Jacqueline A Travisano Exec VP/Chief Operating Officer 386697 0 0 0 61136 0 26500 0 59804 0 534137 0 0 0 Ralph Rogers Provost/Exec VP of Academic Affairs 382761 0 0 0 3124 0 26500 0 16081 0 428466 0 0 0 Frederick Lippman Health Profess Div Chancellor 396178 0 0 0 46525 0 26500 0 1315 0 470518 0 0 0 Stanley Wilson Dean - Coll. of Health Care Sciences 185392 0 0 0 5738 0 19258 0 14529 0 224917 0 0 0 Anthony J Silvagni Dean/Prof. - Coll. Osteopathic Medic 349496 0 0 0 7786 0 26500 0 17300 0 401082 0 0 0 Jennifer O'Flannery Anderson VP Advancement & Comm. Relations 327346 0 0 0 6513 0 26500 0 14983 0 375342 0 0 0 Ray Ferrero Jr University Chancellor 385371 0 0 0 44393 0 26500 0 21141 0 477405 0 0 0 Elaine Wallace Dean - Coll. of Osteopathic Medicine 324710 0 0 0 9642 0 26500 0 15703 0 376555 0 0 0 Harry Thomas Temple Sr VP - Research & Economic Dev. 354913 0 0 0 18645 0 0 0 11083 0 384641 0 0 0 H Wells Singleton Former Key Employee 164831 0 0 0 40488 0 4060 0 9231 0 218610 0 0 0 Francis A DePiano Former Key Employee 217717 0 0 0 2035 0 22000 0 8520 0 250272 0 0 0 Part I, Line 1a Supplemental Compensation Information: Line 1- First class travel- Per the travel policy of Nova Southeastern University, Inc., all travel must be by the most direct or economical route. Higher fares may be reimbursable only when coach accommodations would: (1) require circuitous routing; (2) require travel during unreasonable hours; (3) greatly increase the duration of the flight; (4) result in additional costs which would offset the transportation savings; (5) offer accommodations which are not reasonably adequate for the medical needs of the traveler. These exceptions will require the traveler to submit a letter of approval signed by their Dean or Vice President. Line 2-Travel for companions -Per the travel policy of Nova Southeastern University, Inc., when a spouse or dependent accompanies the employee, the University will pay for only the travel costs of the employee. Occasionally, spouses of faculty and staff are asked to travel on University business. Spouse travel reimbursement by the University requires approval by a Dean or Officer, or their authorized representative. If the business purpose of the spousal travel is not properly documented, it will be taxed to the employee. Line 3- Tax gross-up payments may occasionally be provided to university employees and in those instances are included in taxable compensation. Line 5-A housing allowance is provided to the president of the University. This allowance is fully taxable to the recipient. Line 7-The University pays for club dues on behalf of certain executives. These amounts are treated as taxable to the employee and included in his or her compensation. Part II, Col (iii) Other reportable compensation Line (1) George L. Hanbury II Ph.D. - Other Reportable Compensation includes amounts paid in 2015 for sabbatical leave accrued but not taken. A BCEFA (See Part VI) 521626969 115015FY0 2008-10-23 60000000 See Part VI (Series 2008A) 0 0 0 B Town of Davie Florida 596046527 000000000 2009-05-29 60000000 See Part VI (Series 2009) 0 0 0 C HEFFA (See Part VI) 900058227 34073TCV7 2011-02-15 37878793 See Part VI (Series 2011) 1 0 0 D HEFFA (See Part VI) 900058227 34073TFW2 2012-06-05 48511454 See Part VI (Series 2012A) 0 0 0 A 3685000 60000000 682472 400684 58916844 2008 0 0 1 1 B 15969750 60000000 491850 59508150 2010 0 0 1 1 C 11960000 10695000 37878793 3226313 650626 22278960 13127734 2011 1 0 1 1 D 3425000 48511454 737361 9000000 38774093 2012 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 Part I, Column (a)Full Name of Bond Issue and (f)Description of Purpose First Group Row A: (a)Broward County Educational Facilities Authority (BCEFA)/Series 2008A (f) Construction of chiller plant and dormitory building Row B: (a)Town of Davie, Florida/Series 2009 (f) Equipping and renovating University School Row C: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2011 (f) Refund 2000B bonds issued May 16,2000 and construction of West Palm Beach Student Educational Center Row D: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2012A (f) Refund 2002A/B bonds issued February 6,2002 and to finance technology and related acquisitions Second Group Row A: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2012B (f) Refund the outstanding BCEFA Series 2000A & Series 2004C Bonds issued May 16,2000 and May 12,2004, respectively Row B: (a) Town of Davie, Florida 2013A (f) Construction and equipping of portions of the following, including reimbursement of expenses incurred prior to the issuance of the 2013A bonds: Center for Collaborative Research, Oceanographic Center, Stormwater Management Drainage System and Sports Center II Row C: (a) Town of Davie,Florida 2013B (f) Refund the outstanding BCEFA Series 2004A & Series 2004B Bonds issued on April 1, 2004 Row D: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2016 (f)Refund the outstanding BCEFA Series 2006 issued on April 12, 2006 and partially refund the HEFFA Series 2011 Bonds issued on February 15, 2011 Part II, Line 3: Total proceeds of Town of Davie, Florida 2013A bond includes investments earnings totaling $40,608. Schedule K, Part IV Arbitrage, Line 2C: (A) Issuer Name: BCEFA 2008A Date the rebate computation was performed: 10/23/2013 (B) Issuer Name: Town of Davie, Florida 2009 Date the rebate computation was performed: 08/17/2012 (C) Issue Name: HEFFA 2011 Date the rebate computation was performed: 02/24/2016 A HEFFA (See Part VI) 900058227 000000000 2012-11-13 34735000 See Part VI (Series 2012B) 0 0 0 B Town of Davie Florida 596046527 23867PAC2 2013-12-06 96174076 See Part VI (Series 2013A) 0 0 0 C Town of Davie Florida 596046527 23867PAX6 2014-01-03 21054435 See Part VI (Series 2013B) 0 0 0 D HEFFA (See Part VI) 900058227 34073TGK7 2016-05-12 103761055 See Part VI (Series 2016) 0 0 0 A 9845000 34735000 205000 34530000 2012 1 0 1 1 B 96214684 84525600 11689084 0 0 0 1 C 3620000 21054435 21054435 2013 1 0 1 1 D 103761055 11554376 985325 91221354 2016 1 1 1 1 A 0 1 0 0 0.01540 0.01540 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 1 1 0 0.01980 0.01980 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 136775 Tuition Waivers/Scholarships for family members To attend Nova Southeastern University 9600 Tuition Waivers/Scholarships for officers To attend Nova Southeastern University Paramount Coffee Services Inc Entity more than 35% owned by trustee Albert J. Miniaci. 259501 Paramount supplies coffee products and services to the University. 0 Christopher J Joyce Family member of current officer, Jacqueline Travisano. 31702 Employment at Nova Southeastern University, Inc. 0 Nicole D Darden Family member of current key employee, Stanley Wilson. 58647 Employment at Nova Southeastern University, Inc. 0 X 16 358500 FMV X 1 0 X 0 X 0 X 1 0 X 19 0 X 11 0 X See Part II 3 104649 FMV X See Part II 2 26000 FMV X See Part II 16 0 1 0 1 0 Part I, Column (b): The amount reported is column (b) represents the number of contributions received throughout the year for each type of property listed. Schedule M, Part I, Line 25: Equipment - non cash contributions of various equipment. This line includes optometry equipment, reported on Form 990, Part VIII, Line 1g for $104,649 in total. Schedule M, Part I, Line 26: Computer Equipment and Software - non cash contributions of various computer related equipment and software. This line includes computer equipment, reported on Form 990, Part VIII, Line 1g for $26,000 in total. Schedule M, Part I, Line 27: Other - includes various items to be auctioned at fundraising events, such as dining gift cards and tickets to special events. Schedule M, Part I, Line 33: In instances where no amounts were reported in column (c), contribution revenue was not recorded based on immateriality. Line 1(c) includes a work of art that was reported on Form 990, Part VIII, Line 1g for $358,500. The other contributions included on Line 1(c) were not reported as revenue, as permitted under generally accepted accounting principles. A zero amount was reported for those contributions because the organization does not capitalize its collections, as allowed under ASC 958-360-25, formerly known as SFAS 116. Form 990, Part VI, Section A, line 1 Explain delegation of authority to an executive committee by the governing body: In accordance to Nova Southeastern University bylaws, the Executive Committee, established by the Board of Trustees (BOT), consists of the Chair of the BOT, the Vice Chair of the BOT, the President of the University, the Chairs of the Standing Committees and such other members of the BOT as designated by the Chair. The Executive Committee has the power to transact all business delegated to it by the BOT and shall, during periods between meetings of the BOT and for all matters of an urgent nature for which it is impractical or impossible to delay decisions until the next meeting of the BOT, have the power to transact all business of the BOT in the management of the Corporation, subject to any limitations otherwise imposed on the BOT as a whole. The Executive Committee shall have such additional powers as conferred upon it by the BOT, and shall report in writing to the BOT following each meeting. Form 990, Part VI, Section A, line 4 Significant Changes to Governing Documents: NSU's bylaws were changed in order to expand Section 5, Article XI Conflict of Interest, formalizing the process by which potential conflicts of interest are evaluated by the President and Board Chair. Form 990, Part VI, Section B, line 11 Describe the process used by the organization to review this Form 990: The Form 990 is prepared by the Nova Southeastern University finance staff and presented to the University's outside tax accountants (KPMG, LLP) for review. After review by the outside tax accountants, a draft copy of the Form 990 and all required schedules are provided for review to the Vice President of Finance/Chief Financial Officer, the Executive Vice President/Chief Operating Officer, and the President/Chief Executive Officer of the University. Upon completion of the internal review, the final form 990 and all required schedules are initially provided to the Executive Committee of the Board of Trustees and subsequently made available to the full Board of Trustees prior to filing. Form 990, Part VI, Section B, line 12c Describe how the organization monitors and enforces compliance with its conflict of interest policy: Nova Southeastern University (NSU) maintains a written Code of Conduct Policy which provides an overview of requirements in complying with applicable laws, rules, regulations, and adhering to ethical standards by its officers, employees, representatives, and agents in conducting NSU business. To aid in the identification of and correction of any actual or perceived violations of the University's Code of Conduct Policy, NSU has a written Compliance Plan. The Compliance Plan not only explains the compliance obligations of all NSU colleagues, it contains specific directives for key personnel and committees to uphold the Compliance Plan and ensure that their team members have sufficient information to comply with the applicable laws, regulations, and policies, as well as the resources to resolve ethical dilemmas. In addition to the foregoing, each year, the University asks the governing Board of Trustees, officers, directors, and key employees to respond to a questionnaire and disclose on a yearly basis. The questionnaire is designed to collect information and monitor compliance. Form 990, Part VI, Section B, line 15 Process for determining compensation of Officers and Key positions: Each year a comparative analysis for the position of President/CEO is performed by the Vice President of Human Resources and provided to the compensation committee of the Board of Trustees whose members are appointed by the Board Chair. The analysis is reported to the Executive Committee and then to the Board of Trustees. Compensation analysis and recommendations for other university officers and key positions are prepared by the Office of Human Resources and reviewed by the university's senior executives. Form 990, Part VI, Section C, line 19 Nova Southeastern University's audited financial statements are part of its Annual Report which is made available on its website at http://www.nova.edu/fop/. In addition, the public at large may receive a copy of the report upon request. NSU Grande Oaks LLC 3201 W Rolling Hills Circle Fort Lauderdale FL 33328 204811801 Golf Course FL 4637069 38373126 Nova Southeastern University Inc NSU Park Plaza LLC 3301 College Ave Fort Lauderdale FL 33314 954893480 Commercial Real Estate FL 1030012 11753080 Nova Southeastern University Inc NSU Health Professions Division Foundation Inc 3200 South University Dr Fort Lauderdale FL 33328 650456144 Support FL 501 (c) (3) Line 11c, III-FI Nova Southeastern University Inc 0 NSU Guaranty Insurance Company LTD c/o Willis Mgt PO Box 30600 KY1 12 Grand Cayman CJ KY1-1203 Insurance Captive CJ Nova Southeastern University Inc C 38160187 1.00000 1 The Pointe Corp Office Park Prop Owners Assn Inc 3301 College Ave Fort Lauderdale FL 33314 460743930 Prop Owner's Assn (no activity) FL Nova Southeastern University Inc C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 NSU Guaranty Insurance Company LTD R 2418000 premiums paid NSU Guaranty Insurance Company LTD S 1056020 claims reimbursed NSU Guaranty Insurance Company LTD Q 159219 expenses reimbursed