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NORWICH UNIVERSITY: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
NORWICH UNIVERSITY (EIN 03-0179424)
Tax period
2014-06-01 to 2015-05-31
Filed
2016-04-28
IRS object ID
201641199349300809
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-04-28T10:17:14-05:00ReturnTs
Tax Period End2015-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1300 CROWN COLONY DRIVE SUITE 310AddressLine1Txt
CityQUINCYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02169ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN030179424EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NORWICH UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNORWBusinessNameControlTxt
Phone8024852040PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1158 HARMON DRIVEAddressLine1Txt
CityNORTHFIELDCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05663ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAUREN WOBBYPersonNm
Person TitleCFO/TREASURERPersonTitleTxt
Phone8024852040PhoneNum
Signature2016-04-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN A GRIES CPAPreparerPersonNm
PTINP00078514PTIN
Phone6179848100PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRICHARD SCHNEIDERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1158 HARMON DRIVEAddressLine1Txt
CityNORTHFIELDCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05663ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$177,829,792GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NORWICH.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1819FormationYr
Legal Domicile StateVTLegalDomicileStateCd
Activity Or MissionNORWICH'S MISSION IS TO GIVE OUR YOUTH AN EDUCATION THAT SHALL BE AMERICAN IN ITS CHARACTER.ActivityOrMissionDesc
Voting Members Governing Body32VotingMembersGoverningBodyCnt
Voting Members Independent31VotingMembersIndependentCnt
Total Employee1959TotalEmployeeCnt
Total Volunteers500TotalVolunteersCnt
Total Gross UBI$70,407TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$34,788,242PYContributionsGrantsAmt
CY Contributions Grants$22,048,720CYContributionsGrantsAmt
PY Program Service Revenue$118,153,144PYProgramServiceRevenueAmt
CY Program Service Revenue$125,827,550CYProgramServiceRevenueAmt
PY Investment Income$14,353,865PYInvestmentIncomeAmt
CY Investment Income$13,824,222CYInvestmentIncomeAmt
PY Other Revenue$526,218PYOtherRevenueAmt
CY Other Revenue$607,743CYOtherRevenueAmt
PY Total Revenue$167,821,469PYTotalRevenueAmt
CY Total Revenue$162,308,235CYTotalRevenueAmt
PY Grants And Similar Paid$36,922,084PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$42,466,521CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$50,553,424PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$51,874,280CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,038,845CYTotalFundraisingExpenseAmt
PY Other Expenses$47,655,644PYOtherExpensesAmt
CY Other Expenses$50,075,168CYOtherExpensesAmt
PY Total Expenses$135,131,152PYTotalExpensesAmt
CY Total Expenses$144,415,969CYTotalExpensesAmt
PY Revenues Less Expenses$32,690,317PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$17,892,266CYRevenuesLessExpensesAmt
Total Assets BOY$436,116,084TotalAssetsBOYAmt
Total Assets EOY$451,033,547TotalAssetsEOYAmt
Total Liabilities BOY$144,882,004TotalLiabilitiesBOYAmt
Total Liabilities EOY$146,530,813TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$291,234,080NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$304,502,734NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionNORWICH UNIVERSITY'S MISSION IS TO GIVE OUR YOUTH AN EDUCATION THAT SHALL BE AMERICAN IN CHARACTER.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$82,473,480ExpenseAmt
Grant$42,466,521GrantAmt
Revenue$97,838,445RevenueAmt
DescINSTRUCTIONAL - STUDENT BODY OF OVER 3,000 STUDENTS. ONE LIBRARY SERVICING STUDENT BODY, FACULTY AND STAFF. COMPUTER CENTER SERVICING STUDENTS, FACULTY, AND STAFF. WEB BASED INSTRUCTIONAL PLATFORM SUPPORTING OVER 1,000 GRADUATE AND UNDERGRADUATE STUDENTS. STUDENTS RECEIVE CAMPUS-BASED GRANTS, SCHOLARSHIPS AND AWARDS COUPLED WITH AID FROM FEDERALLY FUNDED PROGRAMS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$22,950,835ExpenseAmt
Grant$0GrantAmt
Revenue$182,723RevenueAmt
DescSTUDENT SERVICE AND ATHLETICS - PROVIDE LEADERSHIP & TRAINING TO A 1,300 STUDENT CORPS OF CADETS. PROVIDE ACTIVITIES AND PROGRAMMING FOR AN UNDERGRADUATE STUDENT BODY FOR OVER 2,000 STUDENTS. APPROXIMATELY 500 STUDENTS PARTICIPATING IN 20 VARSITY SPORTS. STUDENTS HAVE THE OPPORTUNITY TO PARTICIPATE IN INTRAMURAL ATHLETICS AND APPROXIMATELY 80 CLUBS AND ORGANIZATIONS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$19,272,430ExpenseAmt
Grant$0GrantAmt
Revenue$27,974,666RevenueAmt
DescAUXILIARY ENTERPRISES AND OTHER STUDENT SERVICES INCLUDE CAFETERIA,DORMITORIES, BOOKSTORE AND UNIFORM SHOP SERVICING THE UNDERGRADUATEPOPULATION OF OVER 2,000 UNDERGRADUATE STUDENTS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$124,696,745TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document5629IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1959EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members32GoverningBodyVotingMembersCnt
Independent Voting Member31IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAUREN WOBBY CFOTREASURERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8024852040PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1158 HARMON DRIVEAddressLine1Txt
CityNORTHFIELDCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05663ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (46 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
RICHARD SCHNEIDER
PRESIDENT65.00Yes (X)Yes (X)$405,911$0$86,862
KEITH BARRETT
TRUSTEE2.50Yes (X)$0$0$0
LEO BROOKS JR
TRUSTEE2.50Yes (X)$0$0$0
PAUL CARRARA
TRUSTEE2.50Yes (X)$0$0$0
LARRY COSTA
TRUSTEE2.50Yes (X)$0$0$0
PETER DALRYMPLE
TRUSTEE2.50Yes (X)$0$0$0
ALAN F DEFOREST
TRUSTEE2.50Yes (X)$0$0$0
DENISE M DONOVAN
TRUSTEE2.50Yes (X)$0$0$0
PHILIP DOWN
TRUSTEE2.50Yes (X)$0$0$0
LORNA DUPHINEY EDMUNDSON
TRUSTEE2.50Yes (X)$0$0$0
JOHN GATTI
TRUSTEE2.50Yes (X)$0$0$0
MAXINE GRAD
TRUSTEE2.50Yes (X)$0$0$0
ROBERTA HANEY
TRUSTEE2.50Yes (X)$0$0$0
WM BLAINE HAWKINS
TRUSTEE2.50Yes (X)$0$0$0
LARRY JEFFORDS
TRUSTEE2.50Yes (X)$0$0$0
JOEL A KOBERT
VICE CHAIRMAN2.50Yes (X)$0$0$0
CRAIG KOZIOL
TRUSTEE2.50Yes (X)$0$0$0
LARRY LANG
TRUSTEE2.50Yes (X)$0$0$0
WILLIAM LASKY
TRUSTEE2.50Yes (X)$0$0$0
JESUS MANGUAL
TRUSTEE2.50Yes (X)$0$0$0
DOUGLAS M MCCRACKEN
TRUSTEE2.50Yes (X)$0$0$0
RICHARD NEAL
TRUSTEE2.50Yes (X)$0$0$0
MILES PRENTICE
TRUSTEE2.50Yes (X)$0$0$0
MARTHA RAINVILLE
TRUSTEE2.50Yes (X)$0$0$0
STEPHEN RIPPE
TRUSTEE2.50Yes (X)$0$0$0
PHIL SOUCY
TRUSTEE2.50Yes (X)$0$0$0
GORDON SULLIVAN
CHAIRMAN2.50Yes (X)$0$0$0
GARY F TERRY
TRUSTEE2.50Yes (X)$0$0$0
MARK THOMPSON
TRUSTEE2.50Yes (X)$0$0$0
ELIZABETH VEACH
TRUSTEE2.50Yes (X)$0$0$0
DAVID WARREN
TRUSTEE2.50Yes (X)$0$0$0
J FRED WEINTZ
TRUSTEE2.50Yes (X)$0$0$0
MIM RUNEY
TRUSTEE2.50Yes (X)$0$0$0
ROBERT YOUNG
TRUSTEE2.50Yes (X)$0$0$0
DAVE WHALEY
SECRETARY/VP DEVELOPMENT40.00Yes (X)$175,244$0$31,304
LAURA AMELL
ASSISTANT SECRETARY40.00Yes (X)$54,539$0$23,541
LAUREN WOBBY
CFO/TREASURER40.00Yes (X)$138,646$0$33,751
GUIYOU HUANG
SVPAA/PROVOST40.00Yes (X)$179,877$0$32,452
FRANK VANECEK
VP STUDENT SERVICES40.00$176,670$0$26,207Yes (X)
DAVID MAGIDA
CHIEF ADMIN OFFICER40.00$174,517$0$14,863Yes (X)
WILLIAM CLEMENTS
VP GRAD/CONTINUING STUDIES40.00$169,816$0$26,360Yes (X)
PHILIP T SUSMANN
VP STRATEGIC PTNRSHP13.00$191,796$0$38,89927.00Yes (X)
PETER STEPHENSON
CHIEF INFO SEC OFFICER40.00$154,525$0$18,368Yes (X)
THOMAS DESCOTEAUX
ENGINEERING PROFESSOR40.00$134,880$0$22,836Yes (X)
DAVID WESTERMAN
GEOLOGY PROFESSOR40.00$135,343$0$23,745Yes (X)
NAJIBA BENABESS
PROFESSOR ECONOMICS40.00$140,162$0$29,397Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,231,926TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$408,585TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K39IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/ForeignAddress/AddressLine1TxtCityContractorAddress/ForeignAddress/CityNmProvince Or StateContractorAddress/ForeignAddress/ProvinceOrStateNmCountryContractorAddress/ForeignAddress/CountryCdForeign PostalContractorAddress/ForeignAddress/ForeignPostalCdServicesServicesDescCompensationCompensationAmtAddress Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCd
EMBANET CORPORATION
225 SPARKS AVETORONTOONTARIOCAM2H285ADMISSIONS OUTSOURCING (FIRM)$4,685,456
NCS PEARSON INC
OUTSOURCED ADMISSIONS$1,849,4935601 GREEN VALLEY DR SUITE 220BLOOMINGTONMN554371187
CENTRAL VERMONT MEDICAL CENTER
MEDICAL CARE$658,823PO BOX 547BARREVT05641
INTERNATIONAL STUDIES ABROAD
INTERNATIONAL STUDIES$190,7001112 W BEN WHITE BLVDAUSTINTX787047281
CAMBRIDGE ASSOCIATES LLC
INVESTMENT CONSULTING$179,095125 HIGH STREET 11TH FLOORBOSTONMA02110
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K12CntrctRcvdGreaterThan100KCnt
Membership Dues$13,780MembershipDuesAmt
Fundraising$58,236FundraisingAmt
Government Grants$2,662,277GovernmentGrantsAmt
All Other Contributions$19,314,427AllOtherContributionsAmt
Noncash Contributions$4,376,578NoncashContributionsAmt
Total Contributions$22,048,720TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION/FEES/RM&BOARD611600$123,164,711$123,164,711
AUX. SALES AND SERVICES611600$2,662,839$2,645,781$17,058
FieldValueIRS element (for citing)
Total Program Service Revenue$125,827,550TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,785,348TotalRevenueColumnAmt
Unrelated Business Revenue$53,349UnrelatedBusinessRevenueAmt
Exclusion$2,731,999ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,400TotalRevenueColumnAmt
Exclusion$23,400ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$994,861RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$637,988RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$356,873RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$356,873TotalRevenueColumnAmt
Exclusion$356,873ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$25,811,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$14,727,680SecuritiesAmt
Other$44,446OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$11,083,320SecuritiesAmt
Other-$44,446OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,038,874TotalRevenueColumnAmt
Exclusion$11,038,874ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$153,571FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$58,236ContriRptFundraisingEventAmt
Fundraising Direct Expenses$111,443FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$42,128TotalRevenueColumnAmt
Exclusion$42,128ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescSTUDENT LOAN INTERESTDesc
Business900099BusinessCd
Total Revenue Column$185,342TotalRevenueColumnAmt
Related Or Exempt Func Income$185,342RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$185,342OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$162,308,235TotalRevenueColumnAmt
Related Or Exempt Func Income$125,995,834RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$70,407UnrelatedBusinessRevenueAmt
Exclusion$14,193,274ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$71,643TotalAmt
Program Services$71,643ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$42,271,978TotalAmt
Program Services$42,271,978ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$122,900TotalAmt
Program Services$122,900ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,903,305TotalAmt
Program Services$663,808ProgramServicesAmt
Management And General$754,246ManagementAndGeneralAmt
Fundraising$485,251FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$36,572,042TotalAmt
Program Services$28,681,498ProgramServicesAmt
Management And General$6,180,793ManagementAndGeneralAmt
Fundraising$1,709,751FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,189,462TotalAmt
Program Services$1,717,078ProgramServicesAmt
Management And General$370,026ManagementAndGeneralAmt
Fundraising$102,358FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$8,293,010TotalAmt
Program Services$6,503,764ProgramServicesAmt
Management And General$1,401,546ManagementAndGeneralAmt
Fundraising$387,700FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,916,461TotalAmt
Program Services$2,287,224ProgramServicesAmt
Management And General$492,892ManagementAndGeneralAmt
Fundraising$136,345FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$854,599TotalAmt
Program Services$546,951ProgramServicesAmt
Management And General$307,432ManagementAndGeneralAmt
Fundraising$216FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$237,114TotalAmt
Program Services$15,453ProgramServicesAmt
Management And General$221,661ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$85,987TotalAmt
Management And General$85,987ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$9,242TotalAmt
Management And General$9,242ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,215,954TotalAmt
Management And General$1,215,954ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,077,495TotalAmt
Program Services$1,814,428ProgramServicesAmt
Management And General$1,016,812ManagementAndGeneralAmt
Fundraising$246,255FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$474,617TotalAmt
Program Services$349,136ProgramServicesAmt
Management And General$121,153ManagementAndGeneralAmt
Fundraising$4,328FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,022,720TotalAmt
Program Services$772,139ProgramServicesAmt
Management And General$169,804ManagementAndGeneralAmt
Fundraising$80,777FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,689,276TotalAmt
Program Services$794,538ProgramServicesAmt
Management And General$850,557ManagementAndGeneralAmt
Fundraising$44,181FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,180,574TotalAmt
Program Services$5,016,767ProgramServicesAmt
Management And General$75,215ManagementAndGeneralAmt
Fundraising$88,592FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,715,253TotalAmt
Program Services$3,124,141ProgramServicesAmt
Management And General$355,665ManagementAndGeneralAmt
Fundraising$235,447FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$42,802TotalAmt
Program Services$10,316ProgramServicesAmt
Management And General$6,969ManagementAndGeneralAmt
Fundraising$25,517FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$3,612,467TotalAmt
Program Services$3,612,441ProgramServicesAmt
Management And General$26ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$8,148,346TotalAmt
Program Services$8,148,346ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,007,791TotalAmt
Management And General$1,007,791ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
OUTSOURCE ADMISSIONS$6,350,336$6,350,336
FOOD SERVICE$6,320,029$6,036,011$125,139$158,879
SUPPLIES$2,157,913$1,694,541$373,169$90,203
BOOKS AND PERIODICALS$1,658,972$1,642,569$11,577$4,826

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,213,681TotalAmt
Program Services$2,448,739ProgramServicesAmt
Management And General$526,723ManagementAndGeneralAmt
Fundraising$238,219FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$144,415,969TotalAmt
Program Services$124,696,745ProgramServicesAmt
Management And General$15,680,379ManagementAndGeneralAmt
Fundraising$4,038,845FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$24,272,399BOYAmt
EOY$36,190,272EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$30,836,953BOYAmt
EOY$34,775,159EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,135,492BOYAmt
EOY$3,199,627EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,385,471BOYAmt
EOY$1,186,761EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,210,908BOYAmt
EOY$1,853,257EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$227,396,862LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$87,406,235LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$140,219,268BOYAmt
EOY$139,990,627EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$82,118,858BOYAmt
EOY$75,788,848EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$129,623,961BOYAmt
EOY$139,054,280EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$9,078,551BOYAmt
EOY$9,230,044EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$12,234,223BOYAmt
EOY$9,764,672EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$436,116,084BOYAmt
EOY$451,033,547EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,702,248BOYAmt
EOY$5,388,478EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$5,859,564BOYAmt
EOY$6,270,260EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$93,715,000BOYAmt
EOY$91,815,000EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$10,458,052BOYAmt
EOY$7,948,734EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$30,147,140BOYAmt
EOY$35,108,341EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$144,882,004BOYAmt
EOY$146,530,813EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$110,137,349BOYAmt
EOY$108,718,431EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$136,754,756BOYAmt
EOY$149,884,923EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$44,341,975BOYAmt
EOY$45,899,380EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$291,234,080BOYAmt
EOY$304,502,734EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$436,116,084BOYAmt
EOY$451,033,547EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$17,892,266ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$2,072,972NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$2,550,640OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$9,242OtherActivitiesAmt
Total Lobbying Expenditures$9,242TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationNORWICH UNIVERSITY PAYS DUES TO SEVERAL ASSOCIATIONS WHICH INCLUDE AS PART OF THEIR ONGOING ACTIVITIES LOBBYING ACTIVITIES WITH FEDERAL AND STATE LEGISLATIVE BODIES. NORWICH ESTIMATES THAT A QUARTER OF DUES PAID TO SUCH ORGANIZATIONS FINANCE SUCH LOBBYING ACTIVITIES, THE TOTAL OF WHICH IS $9,242.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

FieldValueIRS element (for citing)
Collection Used Other PurposesYes (X)CollectionUsedOtherPurposesInd
Other PurposesPUBLIC PROGRAMSOtherPurposesDesc
FieldValueIRS element (for citing)
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$212,335,340BeginningYearBalanceAmt
Contributions$1,497,734ContributionsAmt
Investment Earnings Or Losses$11,675,648InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,762,076GrantsOrScholarshipsAmt
Other Expenditures$4,977,924OtherExpendituresAmt
Administrative Expenses$1,215,954AdministrativeExpensesAmt
End Year Balance$215,552,768EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$189,657,944BeginningYearBalanceAmt
Contributions$1,203,512ContributionsAmt
Investment Earnings Or Losses$30,776,188InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,529,713GrantsOrScholarshipsAmt
Other Expenditures$4,709,487OtherExpendituresAmt
Administrative Expenses$1,063,104AdministrativeExpensesAmt
End Year Balance$212,335,340EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$165,756,998BeginningYearBalanceAmt
Contributions$1,444,415ContributionsAmt
Investment Earnings Or Losses$31,034,376InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,253,904GrantsOrScholarshipsAmt
Other Expenditures$4,390,428OtherExpendituresAmt
Administrative Expenses$933,513AdministrativeExpensesAmt
End Year Balance$189,657,944EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$180,071,682BeginningYearBalanceAmt
Contributions$1,006,626ContributionsAmt
Investment Earnings Or Losses-$6,854,753InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,176,111GrantsOrScholarshipsAmt
Other Expenditures$4,306,131OtherExpendituresAmt
Administrative Expenses$984,315AdministrativeExpensesAmt
End Year Balance$165,756,998EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$153,511,475BeginningYearBalanceAmt
Contributions$885,090ContributionsAmt
Investment Earnings Or Losses$34,397,218InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,228,677GrantsOrScholarshipsAmt
Other Expenditures$4,536,499OtherExpendituresAmt
Administrative Expenses$956,925AdministrativeExpensesAmt
End Year Balance$180,071,682EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.34100BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.21300PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.44600TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$987,310OtherCostOrOtherBasisAmt
Book Value$987,310BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$174,470,699OtherCostOrOtherBasisAmt
Depreciation$61,691,378DepreciationAmt
Book Value$112,779,321BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$27,371,727OtherCostOrOtherBasisAmt
Depreciation$20,655,233DepreciationAmt
Book Value$6,716,494BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$24,567,126OtherCostOrOtherBasisAmt
Depreciation$5,059,624DepreciationAmt
Book Value$19,507,502BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$139,990,627TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
EQUITY ALTERNATIVE INVESTMENTS$55,929,611F
OTHER ALTERNATIVE INVESTMENTS$447,860F
HEDGE FUND ALTERNATIVE INVESTMENTS$50,564,568F
VENTURE CAPITAL ALT INVESTMENTS$25,376,645F
REAL ASSET ALTERNATIVE INVESTMENTS$6,735,596F
FieldValueIRS element (for citing)
Total Book Value Securities$139,054,280TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
GOVERNMENT ADVANCES AND STUDENT LOANS$7,192,906
ACCRUED LIABILITIES$6,217,026
DISCOUNT ON LIFE INCOME FUNDS$2,813,856
SWAP VALUATION$18,884,553
FieldValueIRS element (for citing)
Total Liability$35,108,341TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$116,602,356TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$2,072,972NetUnrealizedGainsInvstAmt
Other Revenue-$1,238,029OtherRevenueAmt
Revenue Not Reported-$3,311,001RevenueNotReportedAmt
Revenue Subtotal$119,913,357RevenueSubtotalAmt
Other Revenues Not Included$42,394,878OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$42,394,878RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$162,308,235TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$103,333,703TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,312,611OtherExpensesIncludedAmt
Expenses Not Reported$1,312,611ExpensesNotReportedAmt
Expenses Subtotal$102,021,092ExpensesSubtotalAmt
Other Expenses Not Included$42,394,878OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$42,394,878ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$144,415,970TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:THE UNIVERSITY'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, SCIENTIFIC SPECIMENS AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE UNIVERSITY'S COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE UNIVERSITY'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS, IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. THE UNIVERSITY RECORDS ITEMS OF COLLECTIONS, WHICH ARE RECEIVED FOR EDUCATIONAL PURPOSES AND GENERALLY DISPLAYED THROUGHOUT THE UNIVERSITY, AS A GIFT AT NOMINAL VALUE. THESE GIFTS ARE NOT DISPOSED OF FOR FINANCIAL GAIN OR OTHERWISE ENCUMBERED IN ANY MANNER.
PART III, LINE 4:THE SULLIVAN MUSEUM AND HISTORY CENTER, THE MUSEUM OF NORWICH UNIVERSITY, HAS A COLLECTION OF 14,000-16,000 OBJECTS WHICH ARE USED TO SHARE THE COLLECTIVE STORIES OF THE THOUSANDS OF NORWICH STUDENTS,FACULTY, AND STAFF SINCE ITS FOUNDING IN 1819. THE COLLECTION BEGAN AROUND 1900 AND IS STILL GROWING TODAY WITH THE GENEROUS DONATIONS OF NORWICH ALUMNI AND FRIENDS. TODAY THE COLLECTION PROCESS IS OVERSEEN BY A COLLECTION COMMITTEE AND TWO PROFESSIONALLY TRAINED MUSEUM STAFF MEMBERS, A DIRECTOR AND A CURATOR. THE COLLECTION CONTAINS FINE ARTS (PAINTINGS, SCULPTURES, PRINTS), DECORATIVE ARTS (FURNITURE, ETC.), MILITARY FIREARMS AND OTHER WEAPONS, TEXTILES (UNIFORMS AND FLAGS), PERSONAL COLLECTIONS OF VARIOUS MILITARY OFFICERS FROM CAPTAIN ALDEN PARTRIDGE, OUR FOUNDER, TO THE PRESENT, AND ITEMS REPRESENTING THE VARIOUS DEPARTMENTS OF THE UNIVERSITY INCLUDING MUSICAL INSTRUMENTS, ENGINEERING EQUIPMENT, SPORTS ITEMS, CAVALRY AND AVIATION EQUIPMENT, AND BUSINESS MACHINES. THE SULLIVAN MUSEUM IS CONSIDERED A "TEACHING MUSEUM," A TERM OFFICIALLY ADOPTED BY THE AMERICAN ASSOCIATION OF UNIVERSITY MUSEUMS AND GALLERIES, WHICH INDICATES AN INSTITUTION WITH THE PRIMARY PURPOSE OF USING ITS COLLECTIONS AS A TEACHING RESOURCE. MUSEUM STAFF IS COMMITTED TO WORKING WITH ALL FACULTY AND CLASSES ACROSS CAMPUS IN MULTIPLE DISCIPLINES AND HAS A SPECIAL "SMART CLASSROOM" WITHIN THE MUSEUM FOR THAT PURPOSE. THE MUSEUM STRIVES TO INTEGRATE ITSELF INTO THE CURRICULUM IN VARIOUS WAYS INCLUDING OFFERING EXHIBITION AND PROGRAM OPPORTUNITIES TO BOTH FACULTY AND STAFF; MAKING THE COLLECTION RESOURCES AVAILABLE TO ALL FOR RESEARCH AND PROJECT USE; AND DIRECTLY TEACHING IN THE MUSEUM FOR VARIOUS CLASSES SUCH AS ENGLISH, LITERATURE, AND HISTORY.
PART V, LINE 4:THE PURPOSE OF THE NORWICH UNIVERSITY ENDOWMENT IS TO GENERATE A STREAM OF EARNINGS TO SUPPORT CURRENT OPERATIONS UNDER AN INVESTMENT STRATEGY DESIGNED TO MAINTAIN, OR GROW, CORPUS VALUE IN REAL OR INFLATION ADJUSTED TERMS. THE BOARD OF TRUSTEES HAS ADOPTED A SPENDING PLAN WHEREBY THE UNIVERSITY UTILIZES 5.% OF THE PRODUCT OF THE AVERAGE POOLED UNIT VALUE FOR THE 12 PRIOR QUARTERS ENDING DECEMBER 31 AND THE NUMBER OF POOLED UNITS ON HAND AT DECEMBER 31.THE UNIVERSITY GENERAL FUND RECEIVES THE GREATEST SHARE OF THE ANNUAL ENDOWMENT DISTRIBUTION AT APPROXIMATELY 45%, FOLLOWED BY SCHOLARSHIPS AT 42%. ENDOWMENT FUNDS ALSO SUPPORT ACADEMIC ENRICHMENT, FACULTY DEVELOPMENT, STUDENT LOANS, MARGIN OF EXCELLENCE PROGRAMS, AND NUMEROUS OTHER ACTIVITIES.
PART X, LINE 2:THE UNIVERSITY IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE CODE. THE UNIVERSITY BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RENTAL & FUNDRAISING EVENT EXPENSES 749,431. LIFE INCOME FUNDS GAIN 472,883. UNREALIZED GAIN/(LOSS) ON SWAP -2,647,984. RELATED ENTITY NET INCOME 187,641.
PART XI, LINE 4B - OTHER ADJUSTMENTS:TUITION DISCOUNTING (EXPENSE ON 990) 42,394,878.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL AND FUNDRAISING EVENT EXPENSES 749,431. BOND ADMINISTRATION COSTS 563,180.
PART XII, LINE 4B - OTHER ADJUSTMENTS:TUITION DISCOUNTS (CONTRA-INCOME ON FINANCIALS) 42,394,878.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3APPLICATION FORMS CONTAIN NON-DISCRIMINITORY POLICY STATEMENT AS DOES RECRUITING LITERATURE, THE UNIVERSITY CATALOGUE, THE WEBSITE AND SELECTED NEWSPAPER ADVERTISEMENTS.
SCHEDULE E, PART I, LINE 6THE UNIVERSITY RECEIVES STUDENT LOAN AND GRANT FUNDS FROM THE FEDERAL GOVERNMENT WHICH ARE DISPERSED TO STUDENTS BASED UPON FINANCIAL NEED ACCORDING TO FEDERAL GUIDELINES.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (15 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmtEmployeeEmployeeCntOfficesOfficesCnt
EAST ASIA & THE PACIFICPROGRAM SERVICESSTUDENTS STUDYING ABROAD$167,794
EUROPEPROGRAM SERVICESSTUDENTS STUDYING ABROAD$399,351
RUSSIA & NEIGHBORING STATESPROGRAM SERVICESSTUDENTS STUDYING ABROAD$16,920
SOUTH AMERICAPROGRAM SERVICESSTUDENTS STUDYING ABROAD$26,800
EAST ASIA & THE PACIFICPROGRAM SERVICESVOLUNTEERING$71,283
SUB-SAHARAN AFRICAPROGRAM SERVICESVOLUNTEERING$61,006
CENTRAL AMERICA & THE CARIBBEANINVESTMENTS$50,405,950
SUB-SAHARAN AFRICAINVESTMENTS$991,530
EUROPEPROGRAM SERVICESFACULTY DEVELOPMENT$13,645
EAST ASIA & THE PACIFICPROGRAM SERVICESSCHOLARSHIPS FOR INTERNATIONAL STUDY$68,500
EUROPEPROGRAM SERVICESSCHOLARSHIPS FOR INTERNATIONAL STUDY$50,000
SOUTH AMERICAPROGRAM SERVICESSCHOLARSHIPS FOR INTERNATIONAL STUDY$4,400
EAST ASIA & THE PACIFICPROGRAM SERVICESINSTRUCTION$16,7001
EUROPEPROGRAM SERVICESINSTRUCTION$255,20861
MIDDLE EAST & NORTH AFRICAPROGRAM SERVICESBUSINESS DEVELOPMENT$12,619
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office1ContinutationTotalOfficeCnt
Continutation Total Employee7ContinutationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee7TotalEmployeeCnt
Subtotal Spent$52,140,634SubtotalSpentAmt
Continuation Spent$421,072ContinuationSpentAmt
Total Spent$52,561,706TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (3 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
SCHOLARSHIPSEAST ASIA & THE PACIFIC16$68,500TUITION SCHOLARSHIP
SCHOLARSHIPSEUROPE26$50,000TUITION SCHOLARSHIP
SCHOLARSHIPSSOUTH AMERICA2$4,400TUITION SCHOLARSHIP
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott CountriesYes (1)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationNORWICH UNIVERSITY OFFERS FINANCIAL ASSISTANCE TO STUDENTS WHO ARE ACCEPTED TO PARTICIPATE IN APPROVED STUDY ABROAD PROGRAMS. IN ORDER TO QUALIFY FOR THE ASSISTANCE, A STUDENT MUST BE ENROLLED FULL-TIME, MUST HAVE ACHIEVED A SATISFACTORY GRADE POINT AVERAGE AT NORWICH UNIVERSITY AND MUST HAVE A DEMONSTRATED FINANCIAL NEED. THE OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS, WITH ASSISTANCE FROM THE FINANCIAL AID OFFICE, SELECTS AND MONITORS THE PARTICIPANTS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BRIAN BILL GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$131,207GrossReceiptsEvent1Amt
Charitable Contri Event1$33,460CharitableContriEvent1Amt
Gross Revenue Event1$97,747GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$3,020NonCashPrizesEvent1Amt
Rent Facility Costs Event1$16,691RentFacilityCostsEvent1Amt
Food And Beverage Event1$25,301FoodAndBeverageEvent1Amt
Entertainment Event1$7,724EntertainmentEvent1Amt
Other Direct Expenses Event1$8,458OtherDirectExpensesEvent1Amt
Event2DOYLE GOLF TOURNAMENTEvent2Nm
Gross Receipts Event2$28,220GrossReceiptsEvent2Amt
Charitable Contri Event2$9,340CharitableContriEvent2Amt
Gross Revenue Event2$18,880GrossRevenueEvent2Amt
Cash Prizes Event2$0CashPrizesEvent2Amt
Non Cash Prizes Event2$200NonCashPrizesEvent2Amt
Rent Facility Costs Event2$6,794RentFacilityCostsEvent2Amt
Food And Beverage Event2$8,102FoodAndBeverageEvent2Amt
Entertainment Event2$0EntertainmentEvent2Amt
Other Direct Expenses Event2$3,954OtherDirectExpensesEvent2Amt
Other Events Total4OtherEventsTotalCnt
Gross Receipts Other Events$52,380GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$15,436CharitableContriOtherEventsAmt
Gross Revenue Other Events$36,944GrossRevenueOtherEventsAmt
Cash Prizes Other Events$5,000CashPrizesOtherEventsAmt
Non Cash Prizes Other Events$1,141NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$11,627RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$10,433FoodAndBeverageOtherEventsAmt
Entertainment Other Events$0EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$2,999OthDirectExpnssOtherEventsAmt
Gross Receipts Total$211,807GrossReceiptsTotalAmt
Charitable Contributions Tot$58,236CharitableContributionsTotAmt
Gross Revenue Total Events$153,571GrossRevenueTotalEventsAmt
Cash Prizes Total Events$5,000CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$4,361NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$35,112RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$43,836FoodAndBeverageTotalEventsAmt
Entertainment Total Events$7,724EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$15,411OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$111,444DirectExpenseSummaryEventsAmt
Net Income Summary$42,127NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1VILLAGE OF NORTHFIELDBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line151 SOUTH MAIN STREETAddressLine1Txt
CityNORTHFIELDCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05663ZIPCd
FieldValueIRS element (for citing)
Recipient EIN036000607RecipientEIN
IRC Section170(B)(1)(A)(V)IRCSectionDesc
Cash Grant$71,643CashGrantAmt
Purpose Of GrantEMERGENCY SERVICES DONATIONPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTUITION SCHOLARSHIPS FOR NORWICH STUDENTSGrantTypeTxt
Recipient2850RecipientCnt
Cash Grant$42,271,978CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationVIRTUALLY ALL UNIVERSITY FUNDED SCHOLARSHIPS ARE TIED TO THE STUDENTS' GRADE POINT AVERAGE (GPA) OR BASED UPON FINANCIAL NEED AS DETERMINED BY THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). ANNUALLY, THE GPA AND NEED ARE REVIEWED TO DETERMINE COMPLIANCE WITH THE UNIVERSITY STANDARD. IF A STUDENT'S GPA FALLS BELOW THE MINIMUM REQUIREMENT, THE SCHOLARSHIP IS EITHER REMOVED OR REDUCED BY HALF. STUDENTS CAN APPEAL TO HAVE THE SCHOLARSHIP RESTORED IF THEIR GPA RETURNS TO THE REQUIRED LEVEL. NEED BASED SCHOLARSHIPS ARE CARRIED FORWARD EACH YEAR ONCE THE STUDENT HAS COMPLETED THE FAFSA. THE UNIVERSITY PROVIDES ASSISTANCE TO CERTAIN LOCAL GOVERNMENTAL AND NOT-FOR-PROFIT ORGANIZATIONS THAT PROVIDE CRITICAL INFRASTRUCTURAL SUPPORT TO THE UNIVERSITY. THE ASSISTANCE IS CONSIDERED A DONATION AND THE UNIVERSITY DOES NO FURTHER MONITORING OF THE USE OF THE FUNDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RICHARD SCHNEIDER
PRESIDENT$390,000$0$0$0$15,911$0$41,990$0$44,872$0$492,773$0$0$0
DAVE WHALEY
SECRETARY/VP DEVELOPMENT$172,473$0$0$0$2,771$0$11,645$0$19,659$0$206,548$0$0$0
LAUREN WOBBY
CFO/TREASURER$138,196$0$0$0$450$0$10,931$0$22,820$0$172,397$0$0$0
GUIYOU HUANG
SVPAA/PROVOST$178,217$0$0$0$1,660$0$13,366$0$19,086$0$212,329$0$0$0
FRANK VANECEK
VP STUDENT SERVICES$174,373$0$0$0$2,297$0$13,306$0$12,901$0$202,877$0$0$0
DAVID MAGIDA
CHIEF ADMIN OFFICER$169,643$0$0$0$4,874$0$13,039$0$1,824$0$189,380$0$0$0
WILLIAM CLEMENTS
VP GRAD/CONTINUING STUDIES$167,894$0$0$0$1,922$0$12,587$0$13,773$0$196,176$0$0$0
PHILIP T SUSMANN
VP STRATEGIC PTNRSHP$189,786$0$0$0$2,010$0$14,939$0$23,960$0$230,695$0$0$0
PETER STEPHENSON
CHIEF INFO SEC OFFICER$150,342$0$0$0$4,183$0$1,566$0$16,802$0$172,893$0$0$0
THOMAS DESCOTEAUX
ENGINEERING PROFESSOR$134,686$0$0$0$194$0$10,236$0$12,600$0$157,716$0$0$0
DAVID WESTERMAN
GEOLOGY PROFESSOR$134,411$0$0$0$932$0$10,263$0$13,482$0$159,088$0$0$0
NAJIBA BENABESS
PROFESSOR ECONOMICS$140,134$0$0$0$28$0$10,652$0$18,745$0$169,559$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ATHE PRESIDENT IS REQUIRED TO LIVE IN A HOUSE PROVIDED BY THE UNIVERSITY AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER. THE VALUE OF THE PRESIDENT'S HOUSING IN THE AMOUNT OF $25,093 IS INCLUDED IN FORM 990, SCHEDULE J, PART II, COLUMN D AS PART OF HIS NONTAXABLE BENEFIT.
PART I, LINE 1BACCORDING TO THE UNIVERSITY'S WRITTEN EXPENSE REIMBURSEMENT POLICY, THE UNIVERSITY WILL NOT REIMBURSE FOR PERSONAL EXPENSES. THE UNIVERSITY MAINTAINS THE PRESIDENTIAL RESIDENCE, INCLUDING A HOUSEKEEPER. THE WAGES OF THE HOUSEKEEPER ATTRIBUTABLE TO THE PRESIDENT'S PERSONAL USE ARE INCLUDED IN THE PRESIDENT'S W-2.
PART I, LINE 4BRICHARD SCHNEIDER SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN CURRENT YEAR BENEFIT OF $22,115. THE DEFERRED COMPENSATION IS ACCRUED ANNUALLY AND PROVIDES THAT FOR EACH YEAR'S WORTH OF SERVICE THE INDIVIDUAL WILL RECEIVE ON MONTH'S WORTH OF SALARY TO BE DISTRIBUTED ON A MONTHLY BASIS UPON SEPARATION FROM SERVICE.
SCHEDULE J, PART II, LINE 8MR. SUSMANN IS NORWICH UNIVERSITY'S VICE PRESIDENT FOR STRATEGIC PARTNERSHIPS(4 HRS PER WEEK) AND PRESIDENT OF NORWICH UNIVERSITY APPLIED RESEARCH INSTITUTE(NUARI)(36 HOUR PER WEEK). MR. SUSMANN IS CONSIDERED A FULL-TIME EMPLOYEE OF NORWICH UNIVERSITY AND IS CONTRACTED BACK TO NUARI VIA A STAFFING SERVICES AGREEMENT. DURING CALENDAR YEAR 2014, NUARI REIMBURSED NORWICH UNIVERSITY $171,321 FOR SALARY AND $56,536 FOR TAXES AND FRINGE BENEFITS FOR MR. SUSMANN'S TIME AS THEIR PRESIDENT. MR. SUSMANN'S COMPENSATION, AS REPORTED ON SCHEDULE J, PART II, INCLUDES THE REIMBURSEMENT FROM NUARI.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
VERMONT EDUCATIONAL & HEALTH BUILDINGS FINANCING AGENCY
A237154467924166CK52008-06-11$78,200,000CONSTRUCTION FINANCING000
VERMONT EDUCATIONAL & HEALTH BUILDINGS FINANCING AGENCY
B237154467924166FP12013-12-23$24,515,000CONSTRUCTION FINANCING000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$10,900,000$78,200,000$1,356,638$49,986,520$490,012$149,339$25,017,491$1,200,0002009Yes (1)0Yes (1)Yes (1)
B$24,515,000$516,563$457,908$22,960,299$580,230201400Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0Yes (1)Yes (1)Yes (1)00.000000.020000.0200000Yes (1)
B00000.000000.000000.0000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
TD SECURITIES
A000Yes (1)Yes (1)Yes (1)30.0000000000000000Yes (1)
(no name)
B0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceDATE REBATE COMPUTATION PERFORMEDFormAndLineReferenceDesc
ExplanationISSUER NAME: VERMONT EDUCATIONAL & HEALTH BUILDINGS FINANCING AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/01/2013ExplanationTxt

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
Relationship With OrgSEE PART VRelationshipWithOrgTxt
Cash Grant$65,624CashGrantAmt
Type Of AssistanceSCHOLARSHIPTypeOfAssistanceTxt
Assistance PurposeSTUDENT AIDAssistancePurposeTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART III:FormAndLineReferenceDesc
ExplanationFAMILY MEMBERS OF CERTAIN TRUSTEES AND OFFICERS ATTEND THE UNIVERSITY AND RECEIVE INSTITUTIONAL AID ON THE SAME TERMS AND UNDER THE SAME SELECTION CRITERIA AS OTHER STUDENTS.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$134,950NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution61ContributionCnt
Noncash Contributions Rpt F990$4,148,094NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Historical Artifacts HistoricalArtifactsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$4,300NoncashContributionsRptF990Amt
Method Of Determining RevenuesCOSTMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)COMPUTER EQUIPMENT1$53,582LEASE VALUE
Yes (X)EDUCATIONAL EQUIPMENT3$14,284FAIR MARKET VALUE
Yes (X)FOOD & ENTERTAINMENT4$11,817COST
Yes (X)PRIZES20$8,923FAIR MARKET VALUE
Yes (X)SUPPLIES1$629COST
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE UNIVERSITY REPORTS THE NUMBER OF CONTRIBUTIONS ON PART I, COLUMN B.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1, PART III, LINE 1NORWICH UNIVERSITY'S MISSION IS TO GIVE OUR YOUTH AN EDUCATION THAT SHALL BE AMERICAN IN CHARACTER - TO ENABLE THEM TO ACT AS WELL AS TO THINK - TO EXECUTE AS WELL AS TO CONCEIVE - "TO TOLERATE ALL OPINIONS WHEN REASON IS LEFT FREE TO COMBAT THEM" - TO MAKE MORAL, PATRIOTIC, EFFICIENT, AND USEFUL CITIZENS, AND TO QUALIFY THEM FOR ALL THOSE HIGH RESPONSIBILITIES RESTING UPON A CITIZEN OF THIS FREE REPUBLIC. NORWICH'S MISSION STATEMENT IS UNIQUE IN HIGHER EDUCATION. WE KNOW EXACTLY WHO WE ARE, WHY WE ARE HERE, AND WHERE WE ARE GOING. WE ARE ABLE TO BE VERY SPECIFIC: THE DISTINCTIVE TERMS AND PHRASES FOUND IN THIS MISSION STATEMENT PROVIDE IMPORTANT CLUES IN UNDERSTANDING THE ESSENCE OF THIS ORGANIZATION, AND ULTIMATELY THE DIRECTIONS WE WILL SEEK AND THE OUTCOMES WE WILL REQUIRE OF OUR STUDENTS. THE MOST DISTINGUISHING TERMS ARE: AMERICAN IN CHARACTER GLOBAL IN PERSPECTIVE MUTUAL RESPECT SERVICE THINKING AND ACTING CONCEIVING AND EXECUTING MAKING MORAL AND PATRIOTIC CITIZENS MAKING USEFUL CITIZENS QUALIFYING GRADUATES FOR RESPONSIBILITIES OF A FREE REPUBLIC THESE, AS WELL AS OTHER DISTINGUISHING OUTCOMES OF THE NORWICH EXPERIENCE ARE DISCUSSED BELOW: AMERICAN IN CHARACTER MEANS THAT WE TEACH STUDENTS TO UNDERSTAND AND HOLD DEAR THOSE VALUES AND PRINCIPLES UPON WHICH THIS FREE REPUBLIC WAS ESTABLISHED. THE AMERICAN EXPERIENCE WAS UNIQUE AND WORLD CHANGING IN ITS DEVELOPMENT. IT WAS BUILT UPON THE FUNDAMENTALS OF DEMOCRACY AND THE NOTION THAT PEOPLE HAVE INALIENABLE RIGHTS. WE WANT OUR STUDENTS TO KNOW THE PRINCIPLES AND THE EVENTS IN WHICH THESE PRINCIPLES MANIFESTED WHICH LEAD UP TO THE GREAT AMERICAN EXPERIMENT, THE HISTORY OF OUR SUCCESSFUL JOURNEY, AND THE REASONS WHY THE PRINCIPLES MANIFESTED IN THE BILL OF RIGHTS, THE CONSTITUTION, AND THE DECLARATION OF INDEPENDENCE ARE WORTH FIGHTING FOR. THROUGHOUT THE ENTIRE STUDENT EXPERIENCE, BOTH ACADEMIC AND EXTRACURRICULAR, WE TEACH THIS VALUE AND ENSURE THAT OUR STUDENTS UNDERSTAND ITS MEANING. GLOBAL IN PERSPECTIVE MEANS THAT OUR STUDENTS SHOULD UNDERSTAND THAT THE USA IS NOT ALONE IN THIS WORLD. THE WORLD IS A COMPLEX PLACE, AND CIVILIZATION AND ITS CULTURES ARE CONSTANTLY EVOLVING. DEFINING THE ENTIRE WORLD WITH AMERICAN VALUES DISTORTS THE REALITY OF A MULTICULTURAL PLANET AND LIMITS ONE'S PERSPECTIVE ON THE HISTORY OF MAN'S JOURNEY TO THE PRESENT TIME. BECAUSE AMERICA IS A LEADER IN THE WORLD, AND BECAUSE OUR STUDENTS ARE DESTINED TO BE LEADERS IN AMERICA, WE MUST UNDERSTAND AND RESPECT ALL POINTS OF VIEW AS PART OF GAINING THE WISDOM TO LEAD. THROUGHOUT THE ENTIRE STUDENT EXPERIENCE, BOTH ACADEMIC AND EXTRACURRICULAR, WE TEACH THIS VALUE AND ENSURE THAT OUR STUDENTS UNDERSTAND ITS MEANING. MUTUAL RESPECT, SOCIAL GRACES, AND POLITENESS. MUTUAL RESPECT IS A CORNERSTONE OF CIVILIZATION AND A FOUNDATION OF ACADEMIA. IT IS WHAT INITIATES A SALUTE; IT IS WHAT ALLOWS TWO PEOPLE TO APPRECIATE EACH OTHER FOR THE VALUE THAT THEY BRING TO THE RELATIONSHIP, NO MATTER HOW LASTING OR TEMPORARY THE RELATIONSHIP IS. IT IS COMMON HUMAN DECENCY, KINDNESS, AND A CORNERSTONE OF A CIVIL SOCIETY. MUTUAL RESPECT TURNS INTO LASTING FRIENDSHIP. ITS SUCCESSFUL BREEDING AT NORWICH UNIVERSITY IS A PRIMARY REASON WHY PEOPLE DEVELOP CLOSE RELATIONSHIPS WITH THOSE THEY OTHERWISE MIGHT NOT. IN ADDITION TO MUTUAL RESPECT, NORWICH STUDENTS AND GRADUATES ARE KNOWN FOR THEIR GRACE IN SOCIAL SITUATIONS AND THEIR POLITENESS. THE NORWICH ENVIRONMENT BREEDS THIS CHARACTERISTIC. THROUGHOUT THE ENTIRE STUDENT EXPERIENCE, BOTH ACADEMIC AND EXTRACURRICULAR, WE TEACH THESE VALUES AND ENSURE THAT OUR STUDENTS PRACTICE THEM. SERVICE IS AN INTEGRAL PART OF THE NORWICH EXPERIENCE. LEADERS SERVE, AND WE TRAIN LEADERS. WE SEEK TO INCULCATE THIS VALUE IN OUR STUDENTS, IN PART BY ENSURING THAT THEY DIRECTLY EXPERIENCE IT. EXPERIENCING "SERVICE TO OTHERS BEFORE SELF" IS A VITAL PART OF EACH STUDENT'S MATURATION PROCESS. STUDENTS TAKE WITH THEM FROM NORWICH THE EXPECTATION THAT SERVICE WILL BE A LIFELONG COMMITMENT. THROUGHOUT THE ENTIRE STUDENT EXPERIENCE, BOTH ACADEMIC AND EXTRA-CURRICULAR, WE TEACH THIS VALUE AND ENSURE THAT OUR STUDENTS EXPERIENCE IT.
FORM 990, PART VI, SECTION A, LINE 1THE EXECUTIVE COMMITTEE CONSISTS OF NINE (9) TRUSTEES: THE CHAIRMAN OF THE BOARD OF TRUSTEES AND EIGHT (8) OTHER TRUSTEES CHOSEN BY THE BOARD OF TRUSTEES AT AN ANNUAL MEETING. THE COMMITTEE MAY, BY UNANIMOUS VOTE OF THE MEMBERS IN ATTENDANCE AT A REGULARLY CALLED MEETING OF THE COMMITTEE, INCREASE THE MEMBERSHIP TO A TOTAL NOT TO EXCEED FIFTEEN (15). THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE ALL THE POWERS AND AUTHORITY OF THE BOARD OF TRUSTEES DURING ALL INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, EXCEPT AS LIMITED BY LAW, OR BY THE ARTICLES OF ASSOCIATION. HOWEVER, IT DOES NOT HAVE POWER TO REMOVE MEMBERS OF THE BOARD OR OFFICERS OF THE UNIVERSITY OR BOARD; IT DOES NOT HAVE POWER TO CONSENT TO THE CONFERRING OF DEGREES, DIPLOMAS, HONORS OR LICENSES, EXCEPT HONORARY DEGREES; IT DOES NOT HAVE POWER TO CONDUCT THE AFFAIRS OF THE UNIVERSITY IN ANY PHASE THEREOF IN CONFLICT WITH THE GENERAL POLICY ADOPTED FROM TIME TO TIME BY THE BOARD; BUT, ON THE OTHER HAND, MAY CONDUCT SUCH AFFAIRS IN CONFORMITY WITH SUCH POLICY. THE EXECUTIVE COMMITTEE SHALL REPORT ANY ACTS TO THE NEXT ENSUING MEETING OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 11THE BOARD OF TRUSTEES AUDIT COMMITTEE REVIEWS AND COMMENTS ON THE FORM 990, INCLUDING SCHEDULE B BEFORE IT IS FILED. AN ELECTRONIC COPY OF FORM 990, NOT INCLUDING SCHEDULE B, IS DISTRIBUTED TO ALL BOARD MEMBERS BEFORE THE RETURN IS FILED. A PAPER COPY OF THE SCHEDULE B, PHYSICALLY LOCATED ON THE UNIVERSITY CAMPUS, IS AVAILABLE FOR ANY BOARD MEMBER TO REVIEW ONCE THE AUDIT COMMITTEE COMPLETES THEIR INITIAL REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY AND AFFIDAVIT IS DISTRIBUTED ANNUALLY TO BOARD OF TRUSTEES. THE COMPLETED AFFIDAVITS ARE RETURNED AND REVIEWED BY BOTH THE UNIVERSITY ADMINISTRATION AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR CONFLICTS THAT COULD IMPAIR THE JUDGEMENT OF THE INDIVIDUALS. THE AUDIT COMMITTEE REPORTS THE RESULT OF THEIR REVIEW TO THE FULL BOARD DURING THE FALL MEETING. THE AUDIT COMMITTEE ASKS ANY TRUSTEE WITH A DISCLOSED CONFLICT OF INTEREST TO RECUSE THEMSELVES FROM BOARD CONVERSATIONS WHERE THE OUTCOME COULD AFFECT THE BUSINESS RELATIONSHIP WITH THE UNIVERSITY.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION OF OFFICERS AND SENIOR ADMINISTRATORS AT NORWICH UNIVERSITY IS SET BY THE PRESIDENT WITH THE ADVICE OF THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE PRESIDENT'S COMPENSATION IS SET BY THE BOARD OF TRUSTEES WITH THE ADVICE OF THE COMPENSATION COMMITTEE. THE PROCESS USED FOR THESE DECISIONS FOLLOWS THE GUIDELINES SUGGESTED BY THE IRS FOR COMPLIANCE WITH IRC SECTION 4958. THE PRIMARY FACTOR IN THESE DETERMINATIONS IS SALARY BENCHMARKING FOLLOWING THE METHODS USED FOR ALL STAFF AT THE UNIVERSITY. BENCHMARK COMPENSATION DATA IS OBTAINED FROM AN ANNUAL SALARY SURVEY OF HIGHER EDUCATION INSTITUTIONS CONDUCTED BY THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR). NORWICH UNIVERSITY COMPARES TO A SELECTED SALARY COHORT FROM THIS SURVEY. THE CURRENT COHORT INCLUDES ALL RESPONSES FROM INSTITUTIONS WITH OPERATING BUDGETS IN THE RANGE OF $50 MILLION TO $110 MILLION THAT OFFER BOTH UNDERGRADUATE AND GRADUATE DEGREES. ABOUT 230 INSTITUTIONS INCLUDED IN THE SURVEY MEET THESE CRITERIA. FOR ALL STAFF AT NORWICH, A FACTOR BASED ON TIME IN THE CURRENT JOB LEVEL IS APPLIED TO THE BENCHMARK RATE FROM THE SALARY SURVEY TO FIND AN EXPECTED MARKET RATE FOR EACH EMPLOYEE IN THE CURRENT POSITION. SALARY INCREASES ARE PROPOSED TO ASSURE THAT EMPLOYEES ARE NOT BELOW A SPECIFIED PERCENTAGE OF THE EXPECTED MARKET RATE. CURRENTLY, THE MINIMUM IS 89%. IN ADDITION TO THE SALARY BENCHMARK DATA, THE COMMITTEE CONSIDERS PERFORMANCE INFORMATION ON THE SENIOR ADMINISTRATORS PROVIDED BY THE PRESIDENT, AND THE RESULTS OF THE PERFORMANCE APPRAISAL OF THE PRESIDENT CONDUCTED BY THE BOARD. THE DIRECTOR OF HUMAN RESOURCES SERVES AS THE STAFF LIAISON TO THE COMPENSATION COMMITTEE. THE FORMAL CHARGE TO THE COMPENSATION COMMITTEE OF THE BOARD IS PRESENTED BELOW. COMPENSATION COMMITTEE THIS COMMITTEE WAS ESTABLISHED IN OCTOBER 2009 BASED ON THE WORK OF THE AD HOC COMPENSATION COMMITTEE, WHICH WAS ESTABLISHED ON JUNE 10, 2005. THE PRIMARY PURPOSE OF THIS COMMITTEE IS TO ENSURE THAT THE PRESIDENT AND OTHER HIGHLY COMPENSATED EMPLOYEES ARE COMPENSATED IN A WAY THAT IS CONSISTENT WITH PERFORMANCE, LONGEVITY, MARKET EQUITY, AND IN ACCORDANCE WITH CURRENT IRS RULES AND REGULATIONS, INCLUDING THE INTERMEDIATE SANCTIONS UNDER IRC SECTION 4958. THE COMMITTEE WILL REVIEW AND PROVIDE ADVICE TO THE PRESIDENT ON COMPENSATION ISSUES FOR THE OFFICERS AND SENIOR ADMINISTRATORS AND OTHER HIGHLY COMPENSATED INDIVIDUALS, REVIEW COMPENSATION BENCHMARKS AND STUDIES DONE BY INDEPENDENT ORGANIZATIONS, AND USE APPROPRIATE COMPARABLE DATA PRIOR TO MAKING THESE RECOMMENDATIONS TO THE PRESIDENT. IN ADDITION THE COMMITTEE WILL MAKE A RECOMMENDATION TO THE FULL BOARD ON THE PRESIDENT'S COMPENSATION. DOCUMENTATION OF THE BOARD'S ACTIONS ARE TO BE CONSIDERED CONFIDENTIAL AND ARE TO REMAIN ON FILE WITH THE SECRETARY OF THE BOARD. COMMITTEES SHOULD USE APPROPRIATE IRS PROVIDED CHECKLISTS IN THEIR DECISION MAKING PROCESS AND DELIBERATIONS. THE DIRECTOR OF HUMAN RESOURCES WILL BE THE LIAISON.
FORM 990, PART VI, SECTION C, LINE 19NORWICH UNIVERSITY GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, TAX RETURNS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE FOR REVIEW UPON REQUEST. THE NORWICH UNIVERSITY 990 IS AVAILABLE FOR PUBLIC REVIEW AT WWW.GUIDESTAR.ORG.
FORM 990, PART VII, SECTION AMR. SUSMANN AVERAGES 4 HOURS PER WEEK AS THE NORWICH UNIVERSITY VICE PRESIDENT FOR STRATEGIC PARTNERSHIPS AND 36 HOURS PER WEEK AS THE NUARI PRESIDENT. NORWICH UNIVERSITY PAYS ALL OF MR. SUSMANN'S WAGES AND REPORTS ALL HIS WAGES ON FORM W-2. NUARI, A CONTROLLED, TAX EXEMPT, 501(C)(3) ORGANIZATION, IS CHARGED BACK FOR THE TIME MR. SUSMANN DEVOTES TO NUARI.
FORM 990, PART XI, LINE 9:RELATED ENTITY NET INCOME 187,641. BOND ADMINISTRATION FEES -563,180. CHANGE IN PRESENT VALUE OF LIABILITIES 472,883. CHANGE IN SWAP VALUATION -2,647,984.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
NORWICH UNIVERSITY APPLIED RESEARCH INSTITUTES
57 OLD FREIGHT YARDNORTHFIELDVT05663061669185APPLIED RESEARCH TO ENHANCE NATIONAL SECURITYVT501(C)(3)9NORWICH UNIVERSITYYes (1)
FRANK & ZADA CHASE CHARITABLE TRUST 1576
PO BOX 128BRATTLEBOROVT05302036091970PERPETUAL TRUSTVT501(C)(3)PFNORWICH UNIVERSITYYes (1)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER ANNUITY TRUSTS (4)
CHARITABLE REMAINDER ANNUITY TRUSTTXN/AT0
CHARITABLE REMAINDER UNITRUST
CHARITABLE REMAIDER UNITRUSTTXN/AT0
CHARITABLE REMAINDER UNITRUST
CHARITABLE REMAIDER UNITRUSTNYN/AT0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
NORWICH UNIVERSITY APPLIED RESEARCH INSTITUTES
P$95,860AMOUNT INCURRED
NORWICH UNIVERSITY APPLIED RESEARCH INSTITUTES
Q$300,049AMOUNT INCURRED
CHARITABLE TRUST
S$315,927CASH