SETON HALL UNIVERSITY: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- SETON HALL UNIVERSITY (EIN 22-1500645)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-06
- IRS object ID
- 201501269349300445
- Schema version
- 2013v4.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-06T11:03:56-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grant Thornton LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221500645 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Seton Hall University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % STEPHEN A GRAHAM | InCareOfNm |
| Business Name Control | SETO | BusinessNameControlTxt |
| Phone | 9737619318 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 South Orange Avenue | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | South Orange | City |
| State | NJ | State |
| ZIP Code | 07079 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN A GRAHAM | PersonNm |
| Person Title | VP For Finance/CFO | PersonTitleTxt |
| Signature | 2015-05-04 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Scott Thompsett | PreparerPersonNm |
| PTIN | P00741490 | PTIN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | A Gabriel Esteban | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 South Orange Avenue | AddressLine1 |
| City | South Orange | City |
| State | NJ | State |
| ZIP Code | 07079 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $687,189,000 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Group Exemption | 0928 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.shu.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1856 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | Seton Hall University is a catholic institution of higher education. | ActivityOrMissionDesc |
| Voting Members Governing Body | 43 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 33 | VotingMembersIndependentCnt |
| Total Employee | 4108 | TotalEmployeeCnt |
| Total Volunteers | 380 | TotalVolunteersCnt |
| Total Gross UBI | $121,000 | TotalGrossUBIAmt |
| PY Contributions Grants | $35,799,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $47,381,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $306,216,000 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $316,550,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $12,968,000 | PYInvestmentIncomeAmt |
| CY Investment Income | $32,259,000 | CYInvestmentIncomeAmt |
| PY Other Revenue | $20,427,000 | PYOtherRevenueAmt |
| CY Other Revenue | $10,175,000 | CYOtherRevenueAmt |
| PY Total Revenue | $375,410,000 | PYTotalRevenueAmt |
| CY Total Revenue | $406,365,000 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $105,178,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $115,463,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $154,734,000 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $155,553,000 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,092,000 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $94,261,000 | PYOtherExpensesAmt |
| CY Other Expenses | $93,541,000 | CYOtherExpensesAmt |
| PY Total Expenses | $354,173,000 | PYTotalExpensesAmt |
| CY Total Expenses | $364,557,000 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $21,237,000 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $41,808,000 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $565,515,000 | TotalAssetsBOYAmt |
| Total Assets EOY | $652,078,000 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $189,545,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $223,602,000 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $375,970,000 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $428,476,000 | NetAssetsOrFundBalancesEOYAmt |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $231,624,000 | ExpenseAmt |
| Grant | $105,904,000 | GrantAmt |
| Revenue | $319,914,000 | RevenueAmt |
| Desc | Educational - Seton Hall University operates to provide baccalaureate, masters, and doctoral degrees. It enrolls 9,900 undergraduate and graduate students. The University is composed of nine schools located on two campuses, including its Law School located in Newark, New Jersey. Day and evening sessions accommodate both commuter and residential students on a part-time and full time basis. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $77,759,000 | ExpenseAmt |
| Grant | $9,324,000 | GrantAmt |
| Revenue | $4,089,000 | RevenueAmt |
| Desc | Academic Support and Student Services - Academic Support provides support services, such as libraries, academic technology, faculty curriculum development, for its primary missions of instruction, research and public service. Student services provide various services to students, which contribute to the students' emotional and physical well-being and to their intellectual, cultural and social development outside the context of the University's formal instructional programs. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $9,923,000 | ExpenseAmt |
| Grant | $235,000 | GrantAmt |
| Revenue | $266,000 | RevenueAmt |
| Desc | Research, Training & Public Services - Enables faculty to explore new areas of education, learning and knowledge and provides non-instructional services to individuals and groups external to the University. The University also offers financial support to students through academic scholarships and work-study programs, which are funded by federal, state and private grants. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $319,306,000 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | Yes (true) | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 440 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 4108 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 43 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 33 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN A GRAHAM | PersonNm |
| Phone | 9737619003 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 SOUTH ORANGE AVENUE | AddressLine1 |
| City | South Orange | City |
| State | NJ | State |
| ZIP Code | 07079 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (61 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Other CompensationOtherCompensationAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| A Gabriel EstebanPhD | |||||||||
| President/Regent/Trustee | 45.0 | Yes (X) | Yes (X) | $513,352 | $153,906 | ||||
| Most Reverend John J Myers | |||||||||
| Regent/Trustee | 1.0 | Yes (X) | |||||||
| Most Rev Paul G Bootkoski | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Most Rev Arthur J Serratelli | |||||||||
| Regent/Trustee | 1.0 | Yes (X) | |||||||
| Most Rev Dennis J Sullivan | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Monsignor James M Cafone | |||||||||
| Regent/Trustee | 45.0 | Yes (X) | $39,743 | $62,467 | |||||
| Monsignor Joseph R Reilly | |||||||||
| Trustee | 45.0 | Yes (X) | $32,489 | $74,028 | |||||
| Monsignor Robert J Wister | |||||||||
| Trustee | 45.0 | Yes (X) | $30,905 | $57,674 | $3,000 | ||||
| Bruce A Tomason | |||||||||
| Regent/Trustee | 1.0 | Yes (X) | |||||||
| Patrick M Murray | |||||||||
| Regent/Trustee | 1.0 | Yes (X) | |||||||
| Phillip FresePhD | |||||||||
| Trustee | 1.0 | Yes (X) | |||||||
| Pamela M SwartzbergEsq | |||||||||
| Trustee | 1.0 | Yes (X) | |||||||
| William B Aimetti | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Robert E Baldini | |||||||||
| Regent/Trustee | 1.0 | Yes (X) | |||||||
| Henry F D'Alessandro | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Mark E Ganton | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Phillip N Maisano | |||||||||
| Regent/Trustee | 1.0 | Yes (X) | |||||||
| Donna M O'Brien | |||||||||
| Regent/Trustee | 1.0 | Yes (X) | |||||||
| Anne F Cantine | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Eun-Sook Lucy Cho-LeeMD | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| David B Gerstein | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| James E Collins | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Richard F Liebler | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Michael J Lucciola | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Francis J Hager | |||||||||
| Regent/Trustee | 1.0 | Yes (X) | |||||||
| Kent Manahan | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Richard Mandelbaum | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| John D Hayes | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Stephen G Waldis | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Robert B BudelmanEsq | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Reverend Mark O'Malley | |||||||||
| Trustee | 45.0 | Yes (X) | $30,718 | $61,251 | |||||
| Mary Ann Christopher | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Helen Lerner | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Robert A Ley | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| James L Orsini | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Most Reverend Kurt R Burnette | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Most Reverend Edgar Da Cunha | |||||||||
| Regent/Trustee | 1.0 | Yes (X) | |||||||
| Most Reverend Bernard A Hebda | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Robert S Basso | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| James T Boyle Jr | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Beatriz M Manetta | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Richard C McMahon | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| William M Staats | |||||||||
| Regent | 1.0 | Yes (X) | |||||||
| Larry A RobinsonEdD | |||||||||
| Provost & Executive V.P. | 45.0 | Yes (X) | $389,367 | $52,999 | |||||
| David J BohanMBA | |||||||||
| V.P. University Advancement | 45.0 | Yes (X) | $342,636 | $54,334 | |||||
| Dennis J GarbiniMBA | |||||||||
| V.P. Administration | 45.0 | Yes (X) | $246,667 | $43,796 | |||||
| Tracy H GottliebPhD | |||||||||
| V.P. Student Services | 45.0 | Yes (X) | $208,529 | $82,027 | |||||
| Stephen A GrahamMBA | |||||||||
| VP Finance/CFO | 45.0 | Yes (X) | $225,818 | $48,227 | |||||
| Catherine A KiernanJD | |||||||||
| V.P. General Counsel | 45.0 | Yes (X) | $253,113 | $51,657 | |||||
| Alyssa McCloudPhD | |||||||||
| V.P. Enrollment Management | 45.0 | Yes (X) | $304,667 | $31,370 | |||||
| Monsignor Anthony ZiccardiSTD | |||||||||
| V.P. Mission & Ministry | 45.0 | Yes (X) | $49,224 | $57,678 | |||||
| Joan F GuettiPhD | |||||||||
| Sr. Associate Provost | 45.0 | $171,498 | $23,640 | Yes (X) | |||||
| Patrick E HobbsJDLLM | |||||||||
| Dean School of Law | 45.0 | $371,416 | $56,177 | Yes (X) | |||||
| Joyce A StrawserPhD | |||||||||
| Dean School of Business | 45.0 | $228,777 | $47,060 | Yes (X) | |||||
| Michael S Zavada PHD | |||||||||
| Dean College of Arts & Science | 45.0 | $163,142 | $34,885 | Yes (X) | |||||
| Kathleen BoozangJDLLM | |||||||||
| Law School - Professor | 45.0 | $228,295 | $32,798 | Yes (X) | |||||
| Kevin Willard | |||||||||
| Head Coach Men's Basketball | 45.0 | $1,340,233 | $65,361 | Yes (X) | |||||
| Stephen JLubbenJDLLM | |||||||||
| Law School Professor | 45.0 | $258,008 | $53,979 | Yes (X) | |||||
| Patrick G Lyons | |||||||||
| Dir. of Athletics & Rec. Svcs. | 45.0 | $394,603 | $46,504 | Yes (X) | |||||
| Brian B Shulman PHD | |||||||||
| Dean School of Health & Med. | 45.0 | $231,680 | $32,672 | Yes (X) | |||||
| Karen E BoroffPhD | |||||||||
| Former Dean School of Business | 45.0 | $170,638 | $42,829 | Yes (X) | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,225,518 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $3,000 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,267,319 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 242 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Gourmet Dining Services | |||||
| 400 South Orange Avenue | SOUTH ORANGE | NJ | 07079 | Catering | $9,256,098 |
| Torcon Inc | |||||
| 328 Newman Springs Rd Suite 5 | RED BANK | NJ | 077015685 | General Contractintg | $9,211,950 |
| THE LEEGIS GROUP | |||||
| 2333 US HIGHWAY 22 WEST | UNION | NJ | 07083 | GENERAL CONTRACTING | $7,747,227 |
| SAMUEL S GRAHAM INC | |||||
| PO BOX 319 | EAST HANOVER | NJ | 07936 | GENERAL CONTRACTING | $4,882,985 |
| KSS ARCHITECTS LLP | |||||
| 337 WITHERSPOON STREET | PRINCETON | NJ | 08542 | ARCHITECTS | $3,797,321 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 70 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $679,000 | FundraisingAmt |
| Government Grants | $33,283,000 | GovernmentGrantsAmt |
| All Other Contributions | $13,419,000 | AllOtherContributionsAmt |
| Noncash Contributions | $465,000 | NoncashContributionsAmt |
| Total Contributions | $47,381,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 900099 | $286,454,000 | $286,454,000 |
| ROOM AND BOARD | 900099 | $28,496,000 | $28,496,000 |
| FEES AND CONTRACTS FROM GOVERMENT AGENCIES | 900099 | $266,000 | $266,000 |
| MEDICAL RESIDENCY PROGRAM | 900004 | $1,334,000 | $1,334,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $316,550,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,081,000 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$13,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,094,000 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,000 | TotalRevenueColumnAmt |
| Exclusion | $13,000 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $120,000 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $10,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $110,000 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $323,000 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $61,000 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $262,000 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $262,000 | TotalRevenueColumnAmt |
| Exclusion | $262,000 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $307,423,000 | SecuritiesAmt |
| Other | $3,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $278,656,000 | SecuritiesAmt |
| Other | $1,605,000 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,767,000 | SecuritiesAmt |
| Other | -$1,602,000 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,165,000 | TotalRevenueColumnAmt |
| Exclusion | $27,165,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $465,000 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $679,000 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $502,000 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$37,000 | TotalRevenueColumnAmt |
| Exclusion | -$37,000 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| NCAA REVENUE SHARING | 900099 | $2,874,000 | $2,874,000 | |
| ATHLETICS TICKET SALES | 900099 | $1,215,000 | $1,215,000 | |
| PARKING | 812930 | $1,363,000 | $1,363,000 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,378,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,630,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $124,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $624,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $9,830,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $406,365,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $324,269,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $121,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $34,594,000 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,000 | TotalAmt |
| Program Services | $66,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,397,000 | TotalAmt |
| Program Services | $115,397,000 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,493,000 | TotalAmt |
| Program Services | $2,269,000 | ProgramServicesAmt |
| Management And General | $1,502,000 | ManagementAndGeneralAmt |
| Fundraising | $722,000 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $214,000 | TotalAmt |
| Program Services | $214,000 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,345,000 | TotalAmt |
| Program Services | $97,167,000 | ProgramServicesAmt |
| Management And General | $13,858,000 | ManagementAndGeneralAmt |
| Fundraising | $2,320,000 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,901,000 | TotalAmt |
| Program Services | $5,916,000 | ProgramServicesAmt |
| Management And General | $844,000 | ManagementAndGeneralAmt |
| Fundraising | $141,000 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,700,000 | TotalAmt |
| Program Services | $18,331,000 | ProgramServicesAmt |
| Management And General | $3,722,000 | ManagementAndGeneralAmt |
| Fundraising | $647,000 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,900,000 | TotalAmt |
| Program Services | $6,773,000 | ProgramServicesAmt |
| Management And General | $965,000 | ManagementAndGeneralAmt |
| Fundraising | $162,000 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,000 | TotalAmt |
| Program Services | $83,000 | ProgramServicesAmt |
| Management And General | $21,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $485,000 | TotalAmt |
| Program Services | $27,000 | ProgramServicesAmt |
| Management And General | $458,000 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $253,000 | TotalAmt |
| Management And General | $253,000 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,000 | TotalAmt |
| Management And General | $132,000 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,226,000 | TotalAmt |
| Management And General | $2,226,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,814,000 | TotalAmt |
| Program Services | $20,779,000 | ProgramServicesAmt |
| Management And General | $2,750,000 | ManagementAndGeneralAmt |
| Fundraising | $285,000 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,322,000 | TotalAmt |
| Program Services | $956,000 | ProgramServicesAmt |
| Management And General | $327,000 | ManagementAndGeneralAmt |
| Fundraising | $39,000 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,539,000 | TotalAmt |
| Program Services | $5,743,000 | ProgramServicesAmt |
| Management And General | $1,573,000 | ManagementAndGeneralAmt |
| Fundraising | $223,000 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,350,000 | TotalAmt |
| Program Services | $2,379,000 | ProgramServicesAmt |
| Management And General | $2,971,000 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,517,000 | TotalAmt |
| Program Services | $7,058,000 | ProgramServicesAmt |
| Management And General | $459,000 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,106,000 | TotalAmt |
| Program Services | $6,322,000 | ProgramServicesAmt |
| Management And General | $616,000 | ManagementAndGeneralAmt |
| Fundraising | $168,000 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,479,000 | TotalAmt |
| Program Services | $1,984,000 | ProgramServicesAmt |
| Management And General | $329,000 | ManagementAndGeneralAmt |
| Fundraising | $166,000 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,613,000 | TotalAmt |
| Program Services | $4,561,000 | ProgramServicesAmt |
| Management And General | $52,000 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,892,000 | TotalAmt |
| Program Services | $13,005,000 | ProgramServicesAmt |
| Management And General | $834,000 | ManagementAndGeneralAmt |
| Fundraising | $53,000 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,836,000 | TotalAmt |
| Program Services | $32,000 | ProgramServicesAmt |
| Management And General | $1,804,000 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| REPAIRS AND MAINTENANCE | $6,749,000 | $5,222,000 | $1,383,000 | $144,000 |
| BOOKS AND SUBSCRIPTIONS | $2,727,000 | $2,692,000 | $22,000 | $13,000 |
| STUDENT BAD DEBT PROVISION | $2,258,000 | $2,258,000 | ||
| MEMBERSHIPS | $1,049,000 | $706,000 | $339,000 | $4,000 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,090,000 | TotalAmt |
| Program Services | $1,624,000 | ProgramServicesAmt |
| Management And General | $461,000 | ManagementAndGeneralAmt |
| Fundraising | $5,000 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $364,557,000 | TotalAmt |
| Program Services | $319,306,000 | ProgramServicesAmt |
| Management And General | $40,159,000 | ManagementAndGeneralAmt |
| Fundraising | $5,092,000 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,147,000 | BOYAmt |
| EOY | $28,273,000 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,452,000 | BOYAmt |
| EOY | $3,025,000 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,561,000 | BOYAmt |
| EOY | $14,014,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,157,000 | BOYAmt |
| EOY | $3,909,000 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,033,000 | BOYAmt |
| EOY | $14,054,000 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,095,000 | BOYAmt |
| EOY | $11,684,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $488,225,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $217,293,000 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,987,000 | BOYAmt |
| EOY | $270,932,000 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,365,000 | BOYAmt |
| EOY | $212,971,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,719,000 | BOYAmt |
| EOY | $82,080,000 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,999,000 | BOYAmt |
| EOY | $11,136,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $565,515,000 | BOYAmt |
| EOY | $652,078,000 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,491,000 | BOYAmt |
| EOY | $46,079,000 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,788,000 | BOYAmt |
| EOY | $14,346,000 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,231,000 | BOYAmt |
| EOY | $134,879,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,035,000 | BOYAmt |
| EOY | $28,298,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,545,000 | BOYAmt |
| EOY | $223,602,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,153,000 | BOYAmt |
| EOY | $256,535,000 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,829,000 | BOYAmt |
| EOY | $86,503,000 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,988,000 | BOYAmt |
| EOY | $85,438,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $375,970,000 | BOYAmt |
| EOY | $428,476,000 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $565,515,000 | BOYAmt |
| EOY | $652,078,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $41,808,000 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $10,512,000 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $186,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | Yes (true) | MailingsMembersInd |
| Mailings Members | $1,000 | MailingsMembersAmt |
| Publications Or Broadcast | Yes (true) | PublicationsOrBroadcastInd |
| Grants Other Organizations | Yes (true) | GrantsOtherOrganizationsInd |
| Grants Other Organizations | $18,721 | GrantsOtherOrganizationsAmt |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $139,404 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $159,125 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B, Line 1(i) Other Lobbying Activities | FormAndLineReferenceDesc |
| Explanation | Seton Hall University lobbied state legislators regarding annual independent college appropriations, zoning regulations, student health insurance, student aid for independent college students. Efforts consisted of direct mailings, phone calls and personal meetings. Members of Congress were contacted regarding student aid and grants for various university programs. The University's staff is involved in lobbying efforts. The value of that staff time is approximately $27,125. These costs have been reported on line 7 (other salaries and wages) and not separately identified on line 11(d) in Part IX, Statement of Functional expenses. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $1,053,000 | AssetsIncludedAmt |
Held Works Art HeldWorksArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $30,000 | RevenuesIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $241,466,000 | BeginningYearBalanceAmt |
| Contributions | $3,576,000 | ContributionsAmt |
| Investment Earnings Or Losses | $41,387,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,658,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $10,262,000 | OtherExpendituresAmt |
| Administrative Expenses | $1,335,000 | AdministrativeExpensesAmt |
| End Year Balance | $272,174,000 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $227,198,000 | BeginningYearBalanceAmt |
| Contributions | $899,000 | ContributionsAmt |
| Investment Earnings Or Losses | $25,222,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,785,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,285,000 | OtherExpendituresAmt |
| Administrative Expenses | $783,000 | AdministrativeExpensesAmt |
| End Year Balance | $241,466,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $234,593,000 | BeginningYearBalanceAmt |
| Contributions | $679,000 | ContributionsAmt |
| Investment Earnings Or Losses | $2,077,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,611,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,591,000 | OtherExpendituresAmt |
| Administrative Expenses | -$51,000 | AdministrativeExpensesAmt |
| End Year Balance | $227,198,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $166,196,000 | BeginningYearBalanceAmt |
| Contributions | $2,398,000 | ContributionsAmt |
| Investment Earnings Or Losses | $78,428,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,614,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,875,000 | OtherExpendituresAmt |
| Administrative Expenses | $2,940,000 | AdministrativeExpensesAmt |
| End Year Balance | $234,593,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $152,767,000 | BeginningYearBalanceAmt |
| Contributions | $4,367,000 | ContributionsAmt |
| Investment Earnings Or Losses | $20,452,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,706,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,495,000 | OtherExpendituresAmt |
| Administrative Expenses | $1,189,000 | AdministrativeExpensesAmt |
| End Year Balance | $166,196,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.43700 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.31400 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.24900 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,022,000 | OtherCostOrOtherBasisAmt |
| Book Value | $3,022,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $376,210,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $169,480,000 | DepreciationAmt |
| Book Value | $206,730,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $55,239,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $47,813,000 | DepreciationAmt |
| Book Value | $7,426,000 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $53,754,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $53,754,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $270,932,000 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp | |
| Total Book Value Securities | $0 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE U.S. GOV'T GRANTS | $13,543,000 |
| CONDITIONAL ASSET RETIRE OBLIG | $7,995,000 |
| INTEREST RATE SWAP AGREEMENTS | $5,610,000 |
| ACCRUED POSTRETIREMENT BENEFIT | $1,150,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $28,298,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $305,003,000 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $10,512,000 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $514,000 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $351,000 | OtherRevenueAmt |
| Revenue Not Reported | $11,377,000 | RevenueNotReportedAmt |
| Revenue Subtotal | $293,626,000 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $2,226,000 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $110,513,000 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $112,739,000 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $406,365,000 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $252,497,000 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $514,000 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $741,000 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,255,000 | ExpensesNotReportedAmt |
| Expenses Subtotal | $251,242,000 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $2,226,000 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $111,089,000 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $113,315,000 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $364,557,000 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, line 4 | Collections are composed of: a mural, ancient Greek and Roman coins, book collections, paintings, wild life art collections, and a special collection of research papers. Collections are utilized by students, faculty, administrators and the general public. Their usage helps achieve the ultimate goal of advancing the educational and research mission of the University. |
| Part V, line 4 | Endowment funds support the University's mission by providing a sustainable flow of funds to annual operations. This support includes funds for scholarships and for specific academic programs. The University has adopted an endowment spending policy designed to provide a predictable flow of funds to operations. The policy is intended to balance current spending needs and preserve the endowment's future purchasing power. The University applies a 4.5% spending rate to a three-year moving average of endowment investment funds. The Board of Regents sets the spending rate. The purpose of using a moving average is to smooth out any wide fluctuations in the market value. Endowment earnings in excess of the spending rate are added back to the principal of the endowment investments. In years when yield exceeds the amount appropriated under the spending policy the excess is returned to principal as appreciation. When annual yield is insufficient to support spending appropriations, the balance is provided from accumulated appreciation. Special allocations are made for certain purposes in addition to the spending rate, as approved by the University's Board of Regents, annually. |
| Part X, line 1: Other Liabilities - Income Taxes | The FASB ASC Topic 740 established criterion that an individual tax position must meet for some or all of the benefits of that position to be recognized in an entity's financial statements. This standard required the University to determine whether a tax position is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The University has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; determine its filing and tax obligations in jurisdictions for which it has nexus; and to review other matters that may be considered tax positions. The tax years ending 2011, 2012, 2013, and 2014 remain open to audit for both federal and state purposes. This standard was effective for the University on July 1, 2008, and did not have an impact on the University's financial statements. |
| Part XI, Line 2D - Other | Change in value of interest rate SWAP agreements of $351,000. |
| Part XI, Line 4b - Other | Financial Aid of $111,089,000, less limited partnership loss of $13,000, less rental expense of $61,000, and less special events expenses of $502,000. |
| Part XII, Line 2D - Other | Provision for uncollectible contributions receivable of $178,000, plus special events expense of $502,000 and rental expense of $61,000. |
| Part XII, Line 4B - Other | Financial aid of $111,089,000. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line:3 | The University's racially nondiscriminatory policy appears in its Undergraduate and Graduate catalogs, as well as in the Admission Prospectus. It is also in all newspaper advertisements and the University's website. |
| Line 6 - Explanation of Government Financial Aid | The University participates in various Federal and State financial aid programs, which include, but are not limited to the following programs: Federal Direct Lending Program, Federal Pell Grant, Federal College Work Study, Federal Supplemental Education Opportunity Grant, N.J State Tuition Assistance Grant and N.J. State Education Opportunity Fund. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | OfficesOfficesCnt | EmployeeEmployeeCnt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Central America and the Caribbean | Investments | $33,028,000 | |||
| East Asia and the Pacific | Program Services | $53,000 | 1 | 1 | Student Recruitment |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 1 | SubtotalEmployeesCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Subtotal Spent | $33,081,000 | SubtotalSpentAmt |
| Total Spent | $33,081,000 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 3, (1) | By virtue of its investments in various limited partnership investments, Seton Hall University may invest in passive foreign investment companies and/or foreign partnerships; to the extent the University is required to file the Forms 926, 5471, 8621, or 8865, those foreign forms were attached to the University's Form 990-T. |
| Part I, Line 3, (2) | Support for student recruiting and academic exchange program developments, including the summer faculty training for a University in China. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Many Are One | NameOfEvent1Amt |
| Gross Receipts Event1 | $203,000 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $124,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $79,000 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $26,000 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $55,000 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $20,000 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $27,000 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | Law Sch Dinner | NameOfEvent2Amt |
| Gross Receipts Event2 | $206,000 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $152,000 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $54,000 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $64,000 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $10,000 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $7,000 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 9 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $735,000 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $403,000 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $332,000 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $10,000 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $153,000 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $72,000 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $58,000 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $1,144,000 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $679,000 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $465,000 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $36,000 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $272,000 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $102,000 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $92,000 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $502,000 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$37,000 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|---|---|---|---|---|
| Village of South Orange NJ | ||||||||
| 101 South Orange Avenue | South Orange | NJ | 07079 | 226002309 | 115 | $31,000 | See Part IV. | |
| South Orange Police Department | ||||||||
| 101 South Orange Avenue | South Orange | NJ | 07079 | 226002309 | 115 | $22,000 | ||
| South Orange Rescue Squad | ||||||||
| 4 3rd St | South Orange | NJ | 07079 | 226077379 | 501(c)(3) | $6,000 | ||
| International Society for NeuroViroloy | ||||||||
| 3500 N Broad St | Philadelphia | PA | 19140 | 232958381 | 501(c)(3) | $7,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Federal Awards | 2202 | $11,371,000 |
| State of New Jersey Awards | 1777 | $12,802,000 |
| Institutional Support | 9128 | $91,224,000 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 2 | All University spending must be approved by a manager or higher level, depending on the amount of the expenditure. Any expenditure of $1,000 or above would have to be approved by a Dean or other budget center manager. An expenditure in excess of $10,000 must be approved by a Vice President (or that person's designee) or the President. Grants or assistance to outside organizations are segregated in the University's financial accounting system through the use of a separate account code, which allows for review by University's central finance department. Scholarships are provided to students who are required to matriculate in the University, thereby ensuring that the funds are expended for the intended purposes. |
| Part II,Line 1, (h) Purpose of grant assistance: | Construction of South Orange Performing Arts Center. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | false | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | Yes (true) | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| A Gabriel EstebanPhD | ||||||
| President/Regent/Trustee | $425,258 | $75,000 | $13,094 | $70,400 | $83,506 | $667,258 |
| Larry A RobinsonEdD | ||||||
| Provost & Executive V.P. | $304,043 | $75,000 | $10,324 | $20,400 | $32,599 | $442,366 |
| David J BohanMBA | ||||||
| V.P. University Advancement | $279,120 | $42,750 | $20,766 | $20,400 | $33,934 | $396,970 |
| Dennis J GarbiniMBA | ||||||
| V.P. Administration | $237,931 | $8,736 | $19,582 | $24,214 | $290,463 | |
| Tracy H GottliebPhD | ||||||
| V.P. Student Services | $200,106 | $8,423 | $16,402 | $65,625 | $290,556 | |
| Stephen A GrahamMBA | ||||||
| VP Finance/CFO | $218,412 | $7,406 | $17,776 | $30,451 | $274,045 | |
| Catherine A KiernanJD | ||||||
| V.P. General Counsel | $244,879 | $8,234 | $20,093 | $31,564 | $304,770 | |
| Alyssa McCloudPhD | ||||||
| V.P. Enrollment Management | $245,831 | $55,000 | $3,836 | $19,796 | $11,574 | $336,037 |
| Joan F GuettiPhD | ||||||
| Sr. Associate Provost | $170,539 | $959 | $13,736 | $9,904 | $195,138 | |
| Patrick E HobbsJDLLM | ||||||
| Dean School of Law | $364,041 | $7,375 | $20,400 | $35,777 | $427,593 | |
| Kathleen BoozangJDLLM | ||||||
| Law School - Professor | $227,848 | $447 | $17,093 | $15,705 | $261,093 | |
| Joyce A StrawserPhD | ||||||
| Dean School of Business | $228,276 | $501 | $18,584 | $28,476 | $275,837 | |
| Kevin Willard | ||||||
| Head Coach Men's Basketball | $1,168,408 | $140,000 | $31,825 | $20,400 | $44,961 | $1,405,594 |
| Stephen JLubbenJDLLM | ||||||
| Law School Professor | $257,784 | $224 | $20,400 | $33,579 | $311,987 | |
| Karen E BoroffPhD | ||||||
| Former Dean School of Business | $169,651 | $987 | $13,964 | $28,865 | $213,467 | |
| Patrick G Lyons | ||||||
| Dir. of Athletics & Rec. Svcs. | $310,230 | $65,000 | $19,373 | $20,400 | $26,104 | $441,107 |
| Michael S Zavada PHD | ||||||
| Dean College of Arts & Science | $162,222 | $920 | $13,332 | $21,553 | $198,027 | |
| Brian B Shulman PHD | ||||||
| Dean School of Health & Med. | $230,747 | $933 | $18,777 | $13,895 | $264,352 | |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | As a condition of employment at the University, the University provided housing and related services at no charge to its President, A Gabriel Esteban, and its Provost & Executive Vice President, Larry A. Robinson. In addition, housing and related services were provided at no charge to members of its priest community which included an officer, along with certain Regents and Trustees listed in Form 990, Part VII (Monsignor Anthony Ziccardi, Monsignor Joseph R. Reilly, Monsignor James M. Cafone, Monsignor Robert J. Wister and Reverend Mark O'Malley). The value of the housing and related benefits are included in Part VII, Column F, and, for the President and Provost, they are also included in Schedule J, Part II. The President's spouse accompanied him on certain business trips, and she provided business services as a volunteer for the University on those trips. The cost to the University was approximately $4,720. It is included in nontaxable benefits in Schedule J, Part II. The University paid membership fees to a country club for its men's basketball coach, Kevin Willard, and Director of Athletics & Recreational services, Patrick G. Lyons. Their attendance at these organizations were exclusively business related in order to assist University Advancement with donor cultivation and fundraising efforts. Such fees totaled $13,075 and $23,869, respectively. They are included in nontaxable benefits in Schedule J, Part II. |
| Part I, Line 4b | President, Gabriel Esteban, participated in a Section 457(f) supplemental non-qualified retirement plan. The amount deferred for future payment is reported in column (c). |
| Part I, Line 5a | Patrick G.Lyons, Director of Athletics & Recreation Services, received $25,000 of incentive compensation for reaching certain progress goals associated with Athletic Department revenue. David J. Bohan, V.P. Advancement, received $42,750 of incentive compensation for reaching certain fundraising goals. |
| Part I, Line 7 | Alyssa McCloud, V.P. Enrollment Management, received a performance based bonus approved by management. She did not have input into her bonus. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| NJEFA - Seton Hall Issues 2008 D & E | ||||||||
| A | 221829511 | 646065wz1 | 2008-12-11 | $73,939,881 | (see Part VI) | false | false | false |
| NJEFA - Seton Hall - Issue 2011 A | ||||||||
| B | 221829511 | 646065u83 | 2011-06-10 | $37,578,532 | (see Part VI) | false | false | false |
| NJEFA - Seton Hall - CIF 2004A2006A& 2014D | ||||||||
| C | 221829511 | 64605lnm6 | 2004-04-14 | $7,805,700 | (see Part VI) | false | false | Yes (true) |
| NJEFA-SETON HALL-CIF 2014B | ||||||||
| D | 221829511 | 646066DG2 | 2014-04-29 | $19,369,367 | (See Part VI) | false | false | Yes (true) |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $5,605,000 | $0 | $74,633,251 | $1,848,863 | $0 | $0 | $1,054,021 | $156,565 | $0 | $685,153 | $70,880,432 | $0 | 2008 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $17,970,000 | $0 | $37,578,532 | $0 | $0 | $0 | $411,094 | $0 | $0 | $0 | $37,167,438 | $0 | 2011 | Yes (true) | false | Yes (true) | Yes (true) |
| C | $1,170,876 | $0 | $7,805,700 | $0 | $78,458 | $0 | $56,467 | $59,024 | $0 | $7,611,751 | $0 | $0 | 2005 | false | Yes (true) | Yes (true) | Yes (true) |
| D | $0 | $0 | $19,369,367 | $0 | $0 | $0 | $113,339 | $0 | $0 | $829,512 | $0 | $185,318 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Private Bus Use By OthersPrivateBusUseByOthersPct | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | ||||||||||
| B | 0 | ||||||||||
| C | 0.00000 | false | false | false | false | 0.01480 | 0.01480 | false | false | false | Yes (true) |
| D | 0 | false | false | false | false | 0.00550 | 0.00550 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Citibank NA | |||||||||||||
| A | false | false | false | Yes (true) | Yes (true) | Yes (true) | 23. | false | false | false | 0 | Yes (true) | Yes (true) |
| 0 | |||||||||||||
| B | false | false | Yes (true) | false | false | false | false | 0 | false | Yes (true) | |||
| 0 | |||||||||||||
| C | false | false | Yes (true) | false | false | false | false | 0 | false | Yes (true) | |||
| 0 | |||||||||||||
| D | false | Yes (true) | false | false | false | false | false | 0 | false | Yes (true) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part IV, Line 2c | FormAndLineReferenceDesc |
| Explanation | For Seton Hall University issues 2008 D & E, Rebate calculations were done for the period from December 11, 2008 through June 30, 2014. For Seton Hall University issue 2013D, Rebate calculations were done for the period from July 10, 2013 through June 30, 2014 Part I, Column(f) Description of Purpose 1. Seton Hall University Issues, 2008 Series D & E,(CUSIP numbers 646065WZ1 and 646065XQ0) were issued by the New Jersey Educational Facilities Authority (NJEFA) to currently refund Seton Hall University Issues, 2005 Series C and 2006 Series A. The 2005 Series C issue was issued on August 18, 2005 by the NJEFA to finance capital improvements at the University. The 2006 Series A issue was issued on June 1, 2006. It refunded the University's 1996 Series E issue, which was for capital improvements and for refunding the University's 1989 Series C issue, which was for capital improvements. The 2008 Series D & E issues were treated as a single issue for tax purposes. Amounts reported in Schedule K herein are for the combined issue. All proceeds deposited in the refunding escrows have been spent. The issue price in Part I, column E, of $73,939,881 plus $8,217 of interest earnings at the time of issue and $685,153 of project funds remaining from the 2005 and 2006 bonds at the time of the refunding, which were transferred to the 2008 Series D & E Bonds, equals the Part II, line3, total proceeds of the issue of $74,633,251. All of the $685,153 has been used for capital expenditures. In 2005, the University entered into two long-term interest rate swap agreements with Citibank, N.A. in order to hedge interest rate exposure related to their 2005 Series C and 2006 Series A issues. Following the refunding of the 2005 and 2006 issues with 2008 Series D & E, the interest rate swap agreements remained in place, following an amendment, in order to hedge interest rate exposure for the 2008 Series D issue. The swap agreements expire concurrently with the maturity of the 2008 Series D bonds, the last of which mature on July 1, 2037. 2. Seton Hall University Issue, 2011 Series A, (CUSIP number 646065U83) was issued by the NJEFA to currently refund Seton Hall University's 1999 Refunding, 2001 Series A, 2001 Series B, and 2001 Series G bond issues. The 1999 Refunding issue was issued in July 1999 to refund the University's 1991 Series D and 1989 Series C issues. The 1991 Series D and the 1989 Series C issues were issued to finance capital improvements. The 2001 Series A issue was issued in June 2001 to refund the University's 1991 Series A issue which refunded the University's 1985 Series A issue which was issued to finance capital improvements. The 2001 Series B issue was issued in June 2001 to refund the University's 1991 Series B issue which was issued to refund the University's 1988 Series B issue which was issued to refund the University's 1976 Series A issue and to finance capital improvements. The 1976 Series A issue was issued to finance capital improvements. The 2001 Series G issue was issued in June 2001 to finance capital improvements. 3. On April 14, 2004, the NJEFA issued Capital Improvement Fund ("CIF")Series 2004A bonds pursuant to a program of the State of New Jersey to finance capital improvements at institutions of higher education. The bonds were issued in the principal amount of $76,725,000 which was allocated to a total of seven institutions in New Jersey, three public and four private. An 8038 was filed for the portion of the issue allocated to private institutions and a separate 8038-G was filed for the portion allocated to public institutions. Seton Hall's apportioned amount, after $115,491 of apportioned issuance and credit enhancement costs, was $7,690,209. Of this amount $78,458 was allocated to capitalized interest. The remainder that was received by Seton Hall was $7,611,751, of which $3,805,875 was a grant and $3,805,876 was repayable over 20 years. Bonds issued to finance grants must be approved by the State Treasurer and are repayable by the State subject to appropriation. The bonds are sold based on the credit of the State. Each grantee enters into a grant agreement obligating the grantee to pay 1/2 of the debt service on the bonds allocable to the grant. On October 26, 2006, NJEFA issued CIF Bonds, Series 2006 A to partially advance refund the 2004 A Bonds and other series of CIF Bonds. At that time, the amounts payable by each grantee were adjusted to take account of allocable debt service savings. The CUSIP number and issue date shown in Part I of Schedule K are for the Series 2004 A Bonds. The NJEFA has further information about the total bond issue. Seton Hall spent the entire amount of bond proceeds allocated to it on capital improvements on the University's campus. Seton Hall University does not use any of the debt financed property to undertake a non-exempt activity. The amounts reported on Schedule K, Part III, Line 5 represent the bond issuance and credit enhancement costs from Schedule K, Part II, Lines 7 and 8 divided by the amount on Part II, Line 3, total proceeds of issue. The University has responded "Yes" to Schedule K, Part IV, line 2a, which asks if an exception to rebate applies. This response is predicated on the University's spending of its apportioned grant and loan amount of $7,611,751 as part of this bond issue. On April 29, 2014 the NJEFA issued CIF bonds, Series 2014 B, and advance refunding CIF bonds, Series 2014 D, pursuant to a program of the State of New Jersey to finance capital improvements at institutions of higher education. One Form 8038 was filed by the NJEFA covering both issues, under CUSIP number 646066DG2. Gross proceeds from both issues were $19,369,367 with the 2014 B portion being $15,493,539 and the 2014 D portion being $3,875,828. The Series 2014 D issue partially advance refunded the 2004A bonds related to three private institutions of higher education. As a result of this advance refunding, amounts payable by each institution, including the University, was adjusted to take into account allocable debt service savings. 4. As noted above, on April 29, 2014 the NJEFA issued CIF bonds, Series 2014 B, pursuant to a program of the State of New Jersey to finance capital improvements at institutions of higher education. The gross proceeds of this issuance were $15,493,539. The proceeds were allocated to six private institutions of higher education. Seton Hall's apportioned amount was $2,192,165. After $12,165 of apportioned issuance costs, the remainder that was received by Seton Hall was $2,180,000, of which $1,165,170 was a grant and $1,014,830 was repayable over 20 years. Bonds issued to finance grants must be approved by the State Treasurer and are repayable by the State subject to appropriation. The bonds were sold based on the credit of the State. Each institution enters into a grant agreement obligating the grantee to pay a portion of the debt service on the bonds allocable to the grant. Seton Hall intends to spend the entire amount of the bond proceeds allocated to it on capital improvements. The amount reported on Schedule K, Part III, line 5 represents the bond issuance costs from Schedule K, Part II, line 7 divided by the amount on Part II, line 3, total proceeds of issue. 5. Seton Hall University issue, 2013 D, (CUSIP 6460656D9) was issued by the NJEFA to currently refund Seton Hall University's 2009 C bonds sold directly to Capital One, N.A., finance a portion of the cost of terminating the University's interest rate swap agreement with Citibank, N.A. that hedged interest rate exposure related to the 2009 C bonds, and to finance capital improvements. The University's 2009 Series C bonds refunded the University issue, 1998 Series F, issued on June 29, 1998 by the NJEFA to refund a 1991 Series D Seton Hall University issue that financed capital improvements at the University. The portion of the 2013 D total proceeds of $43,935,728 that was used to refund the 2009 C bonds and to finance a portion of the cost to terminate the related swap agreement was $7,800,307. The remainder of $36,135,421 was used to pay costs of issuance of $522,077, pay $2,405,009 of capitalized interest, and deposit $33,208,335 into a construction fund for capital improvements. The amount reported on Schedule K, Part III, line 5 represents the bond issuance costs from Schedule K, Part II, line 7 divided by the amount on Part II, line 3, total proceeds of issue. 6. On January 30, 2014 the NJEFA issued Higher Education Equipment Leasing Fund ("ELF") Program bonds, Series 2014 B, pursuant to a program of the State of New Jersey to finance capital improvements at institutions of higher education. The ELF 2014 B issue is allocated to equipment purchases at six private institutions of higher education. The gross proceeds of this issuance were $8,131,497. Seton Hall's apportioned amount was $1,522,184. After $10,253 of apportioned issuance costs, the remainder that was received by Seton Hall was $1,511,931, of | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| NJEFA - Seton Hall - Issue 2013D | ||||||||
| A | 221829511 | 6460656D9 | 2013-07-10 | $43,935,728 | See Part VI | false | false | false |
| NJEFA- Seton Hall - ELF Issue 2014B | ||||||||
| B | 221829511 | 6460658j4 | 2014-01-30 | $8,131,497 | (See Part VI) | false | false | Yes (true) |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $100,000 | $0 | $43,935,728 | $0 | $2,405,009 | $0 | $522,077 | $0 | $0 | $27,951,067 | $7,800,307 | $5,257,268 | 2014 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $8,131,497 | $0 | $0 | $0 | $54,772 | $0 | $0 | $0 | $0 | $330,900 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0 | 0.01190 | 0.01190 | false | false | false | Yes (true) |
| B | false | false | false | false | 0 | 0.00670 | 0.00670 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||||
| A | false | false | false | Yes (true) | false | false | false | 0 | false | Yes (true) |
| 0 | ||||||||||
| B | false | Yes (true) | false | false | false | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Schedule L IRS990ScheduleL
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $0 | TotalBalanceDueAmt |
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Patrick Hobbs | PersonNm |
| Relationship With Org | Child of key employee | RelationshipWithOrgTxt |
| Cash Grant | $12,500 | CashGrantAmt |
| Type Of Assistance | Scholarship | TypeOfAssistanceTxt |
| Assistance Purpose | Tuition scholarship | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Kent Manahan | |||
| Spouse of Regent | $237,044 | Legal fees | false |
| William M Staats | |||
| Regent | $675,000 | Banking services | false |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III Grants or Asssistance Benefiting Interested Persons | The child of Patrick Hobbs, a key employee, was awarded the Law Presidential Scholarship amounting to $12,500. His position as Dean of the Law School had no bearing in the award process nor was he involved in the process at all. |
| Part IV Business transactions Involving Interested Persons | Kent Manahan's spouse is a partner in the law firm of Connell Foley, LLP. Seton Hall University paid Connell Foley $237,044 for legal services in the year ended June 30, 2014. William M. Staats, Regent, is a Managing Director at US Trust, a business unit of Bank of America. For the year ended June 30, 2014, the cost incurred by Seton Hall University for banking services provided by Bank of America was approximately $675,000. In both of the above business transactions involving interested persons (legal services and banking services), each transaction was conducted at arm's length and neither party was involved in the deliberations or decision-making process in the granting of the work. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $18,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | appraisal | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $12,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | appraisal | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $2,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 45 | ContributionCnt |
| Noncash Contributions Rpt F990 | $382,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Selling price | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $8,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | IT EQUIPMENT | 1 | $23,000 | Cost |
| Yes (X) | MISCELLANEOUS | 8 | $20,000 | Cost |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 32b | FormAndLineReferenceDesc |
| Explanation | Auction companies are used to process and/or sell noncash contributions in "silent auctions" at several fundraising events. To the extent Seton Hall University receives donations of publicly traded securities, its investment broker is engaged to sell those securities. The University reimbursed a related party, the Roman Catholic Archdiocese of Newark, for administrative expenses incurred in conducting the Archbishop's annual appeal to raise funds from the congregation for the benefit of the University. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 1 | Seton Hall University is a Catholic university. IN a diverse and collaborative environment, it focuses on academic and ethical development. Seton Hall students are prepared to be leaders in their professional and community lives in a global society and are challenged by outstanding faculty, an evolving technologically advanced setting, and values-centered curricula. Seton Hall University's 58-acre park-like campus is located in South Orange, New Jersey, only 14 miles west of New York City. The University is home to nine schools, including its Law School located in Newark, New Jersey. Its undergraduate and graduate enrollment is approximately 5,800 and 4,100, respectively. Seton Hall is the oldest diocesan university in the United States. It remains a pioneer in Catholic education. |
| Form 990, Part VI, Section A, line 2: | Board of Regents members, Mark E. Ganton and William M. Staats, have a business relationship. Form 990, Part VI, Section A, line 7a: The Board of Regents is responsible for the entire management of the affairs and concerns of the University. The Board of Regents is vested with the responsibility, power, and authority to govern the University and shall exercise the corporate powers of the University under Law. Board of Regent Emeriti do not have voting privileges. Form 990, Part VI, Section A, line 7b: The Board of Trustees stand in the stead of the original incorporators of Seton Hall College and have the rights and powers reserved to it by the University's By-Laws. Those powers include the right to amend the University's organizing documents, to authorize the sale of any University property and, most importantly, to elect the Board of Regents. Form 990, Part VI, Section B, line 11: The Board of Regents adopted a written policy charging the Audit Committee with the responsibility to conduct, on an annual basis, an appropriate review of the University's completed Form 990 and Form 990-T prior to filing with Internal Revenue Service. The Audit Committee is also charged with making an appropriate report and recommendation to the Board of Regents on their review. Following review by the Audit Committee, Forms 990 and 990-T are submitted to the entire Board of Regents for its review and approval for filing with the Internal Revenue Service. The Board of Regents shall contemporaneously document the meeting at which the Forms 990 and 990-T are reviewed and approved for filing. Form 990, Part VI, Section B, Line 12c: The University's conflict of interest policy is posted on the University's web site. All new employees are made aware of the policy at the time of hire. For senior management, the University requires an annual disclosure of significant financial interests in, or employment or consulting relationships with, entities doing business with the University. These annual disclosures cover both senior management and their immediate family members. When such relationships exist, measures are taken to address the actual or perceived conflict to protect the best interests of the University. The policy requires, among other things, that no member of the Board of Regents or its Committees can participate in any decision in which he or she (or an immediate family member) has a material financial interest. Each Regent is required to certify compliance with the conflict of interest policy on an annual basis and indicate whether the University does business with an entity in which a Regent has a material financial interest. When such relationships exist, measures are taken to mitigate any actual or perceived conflict, including requiring that such transactions be conducted at arm's length, for good and sufficient consideration, based on terms that are fair and reasonable to and for the benefit of the University, and in accordance with relevant conflict of interest laws. The University is unaware of any such associations considered to be significant. Form 990, Part VI, Section B, Line 15: Seton Hall University can ensure and demonstrate that our compensation actions do not inure to the benefit of a private individual. We can demonstrate that the compensation of all disqualified persons, such as officers, directors, and key employees, is considered reasonable and would ordinarily be paid for like services by like enterprises under like circumstances. The reasonableness of our compensation takes into account all benefits. Any compensation transactions for these individuals are approved by an authorized body of individuals who have no conflict of interest. Utilizing a compensation consultant, appropriate compensation data is relied upon for comparability and proof of fair market value, before making a decision. Compensation decisions and reports are contemporaneously documented in the minutes of the meeting of the Committee when the decisions are made. Form 990, Part VI, Section C, Line 19: The University's By-Laws and its conflict of interest policy are posted on the University's web site. The University's financial statements are posted on the web site of the National Association of College and University Business Officers (NACUBO). |
| Form 990, Part XI, Line 9 | Change in value of interest rate swap agreements of $351,000 less the provision for uncollectible contributions receivable of $178,000, plus limited partnership loss of $13,000. |
| Form 990, Part VI, Section A, Line 4 | For the year ending June 30, 2014, the University amended its bylaws to increase the membership in the Board of Regents: 1. To no less than thirty-two (32), nor more than forty-six (46) members, with no more than thirty-five (35) being ex-officio members. 2. Added two (2) ex-officio members: The Coadjutor Archbishop of the Archdiocese of Newark, and the Vicar General and Moderator of the Curia of the Roman Catholic Archdiocese of Newark. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Roman Catholic Archdiocese of Newark | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 Clifton Avenue | AddressLine1 |
| City | Newark | City |
| State | NJ | State |
| ZIP Code | 07104 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221487308 | EIN |
| Primary Activities | See Part VII | PrimaryActivitiesTxt |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 1 | PublicCharityStatusTxt |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II : Identification of Related Tax-Exempt Org.Primary Activity | FormAndLineReferenceDesc |
| Explanation | Primary activity of Roman Catholic Archdiocese of Newark - oversees the Catholic church in certain counties of New Jersey. | ExplanationTxt |