2015-05-13T13:46:26-05:00 2014-06-30 135565207 KPMG LLP 300 North Greene Street Greensboro NC 27401 990 2013-07-01 591083502 Nova Southeastern University Inc NOVA 9542625258 3301 College Avenue Fort Lauderdale FL 33314 George L Hanbury IIPhD President and CEO 9542627500 2015-05-13 1 Allison Franklin P00448640 3362753394 2013 2016-02-25 16:41:14Z Nova Southeastern University George L Hanbury IIPhD 3301 College Avenue Fort Lauderdale FL 33314 797521457 0 X www.nova.edu X 1964 FL Nova Southeastern University's primary activity is to provide educational services. See Part III. 28 25 9316 1577 3896639 -390083 35413695 44294507 606609141 616295517 5514165 6941078 3922764 3604112 651459765 671135214 40842444 45313340 0 0 351483758 371011369 0 0 3148691 223433010 222858185 615759212 639182894 35700553 31952320 1148069543 1273022908 542129900 625959064 605939643 647063844 X The mission of Nova Southeastern University, a private, not-for-profit institution, is to offer a diverse array of innovative academic programs that complement on-campus educational opportunities and resources with accessible, (continued on Schedule O) distance-learning programs to foster academic excellence, intellectual inquiry, leadership, research, and commitment to community through engagement of students and faculty members in a dynamic lifelong learning environment. 0 0 281267577 30592170 539677339 Instructional Services: Nova Southeastern University (NSU) offers undergraduate, graduate and professional degrees, and certificate programs to nearly 26,000 full and part-time students in a wide range of fields including medicine, dentistry, health sciences, computer sciences, law, education, business, marine biology, humanities, biological and environmental science, performing and visual arts, psychology and other social sciences. NSU's colleges and schools include the Graduate School of Computer and Information Sciences, College of Health Care Services, Oceanographic Center, Institute for the Study of Human Service, Health and Justice, Center for Psychological Studies, H. Wayne Huizenga School of Business and Entrepreneurship, College of Medical Sciences (continued on Schedule O) Mailman Segal Center for Human Development, College of Optometry, College of Pharmacy, Farquhar College of Arts and Sciences, College of Nursing, College of Osteopathic Medicine, Abraham S. Fischler School of Education, Shepard Broad Law Center, College of Dental Medicine and Graduate School of Humanities and Social Sciences. Courses are taught at four South Florida campuses; nine regional campus locations, including the Bahamas and Puerto Rico; and at sites in 13 states, as well as foreign countries. NSU's University School offers innovative alternatives in primary and secondary education to children from preschool through grade 12. 84619865 322712 7133052 Academic Support: Library Program operates a 325,000 square feet main campus library and branch libraries. Other programs include computer services, museum of art operations, student education center operations and maintenance of facilities dedicated to instructional activities. 40753621 690679 38446299 Auxiliary Enterprises: Health Profession Division provides outpatient medical services including dental, optometry, pharmacy, occupational and physical therapy. In addition, seven residence halls on the main campus serve undergraduate, graduate, health professions and law students, with a capacity for housing nearly 1,500 students. The Don Taft University Center is a state-of-the-art, 366,000-square-foot facility that features three NCAA competition courts in the main arena, as well as two intramural courts, group fitness and instruction rooms, cardio and weight training areas, squash courts, a rock climbing wall, and The Flight Deck (student lounge). The Performing and Visual Arts Wing of the Don Taft University Center houses the college's Division of Performing and Visual Arts and includes state (continued on Schedule 0) of the art classrooms and facilities that support the division's art, dance, music, and theatre majors. 144138922 13707779 31038827 Other program services include: Public Service, Research and Agency Services. Nova Southeastern University goes beyond its primary mission of providing school and university curricula by reaching out to the community with diverse service and clinical programs, community-based research, and resources. NSU is designated by Carnegie Foundation with it's prestigious "community-engaged" designation, has been rated one of the Top 20 Colleges in the Nation Committed to Community Service by BestCollegesOnline, and most recently, was named to the 2013 President's Higher Education Community Service Honor Roll. The university continues to grow its research activities. In 2014, NSU broke ground on the new Center for Collaborative Research, a 215,000-square-foot facility that will house an IBM supercomputer, one of Florida's largest wet labs, the NSU Technology Incubator and some of the world's most accomplished researchers. 144138922 13707779 31038827 550779985 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 0 1 1 1 1 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 1 1 1 1 0 0 1 37859 0 1 9316 1 1 1 1 CJ BF JM 0 0 0 1 1 0 0 0 0 X 28 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA GA IN OR X Alyson Silva VP of Finance & CFO 9542625258 3301 College Avenue Fort Lauderdale FL 33314 Ronald G Assaf Chair 0.50 0.10 X 0 0 0 Mitchell Berger Trustee 0.50 X 0 0 0 Keith Brown Trustee 0.50 X 0 0 0 Rick Case Trustee 0.50 X 0 0 0 R Douglas Donn Trustee 0.50 X 0 0 0 W Tinsely Ellis Trustee 0.50 X X 0 0 0 Arthur J Falcone Trustee 0.50 X 0 0 0 Silvia Flores Trustee 0.50 X 0 0 0 Steven J Halmos Trustee 0.50 X 0 0 0 Carol M Harrison Trustee 0.50 X 0 0 0 Mike Jackson Trustee 0.50 X 0 0 0 Royal F Jonas Trustee 0.50 1.00 X 41000 0 0 Milton Jones Trustee 0.50 X 0 0 0 Barbara Trebbi Landry Trustee 0.50 X 0 0 0 Alan B Levan Trustee 0.50 X 0 0 0 Nell McMillan Lewis Trustee 0.50 X 0 0 0 Thomas E Lynch Trustee 0.50 X 0 0 0 Albert J Miniaci Trustee 0.50 X 0 0 0 Samuel Morrison Trustee 0.50 X 0 0 0 Charles F Palmer Trustee 0.50 X 0 0 0 Martin R Press Trustee 0.50 X 0 0 0 Paul M Sallarulo Trustee 0.50 X 0 0 0 E Clay Shaw Jr Trustee 0.50 X 0 0 0 Barry J Silverman Vice Chair 0.50 0.10 X 0 0 0 Franklin L Smith Trustee 0.50 X 0 0 0 J Kenneth Tate Trustee 0.50 0.10 X 0 0 0 Zachariah P Zachariah Trustee 0.50 X 0 0 0 Michael Zager Trustee 0.50 X 0 0 0 George L Hanbury II PhD President/Chief Executive 37.50 0.10 X X 810019 0 60513 Jacqueline A Travisano Exec VP/Chief Operating Officer 37.50 X 372674 0 60528 Francis A DePiano Exec VP/Provost 37.50 0.10 X 381703 0 32903 Frederick Lippman Health Profess Div Chancellor 37.50 1.20 X 430302 0 26638 H Wells Singleton Dean/School of Education 37.50 X 329018 0 28571 Tracy A Favreau Professor/Prog. Director 37.50 X 291010 0 31694 Ray Ferrero Jr University Chancellor 37.50 X 401391 0 62109 Joseph D Harbaugh Professor of Law 37.50 X 334546 0 39997 Kenneth E Johnson Professor 37.50 X 287046 0 44107 Anthony J Silvagni Dean/Professor 37.50 X 337634 0 39751 Randolph Pohlman Professor (Former Key Emp) 37.50 X 251252 0 38943 John Santulli VP/Facilities Mgt (Former Key Emp) 37.50 X 121643 0 0 4389238 0 465754 585 1 1 0 TCB Systems Inc 11861 SW 144 Court Bay 3 Miami FL 33186 Janitorial Services 9760852 Stiles Corporation 301 East Las Olas Blvd Ft Lauderdale FL 33301 Construction 7686674 Fahlgren Inc PO Box 1628 Parkersburg WV 26102 Advertising 6413494 Chartwells 777 Glades Road Boca Raton FL 33431 Food Services 5896106 Grycon LLC 4101 Ravenswood Rd Ste 325 Dania Beach FL 33312 Construction 4783268 97 833644 26075603 17385260 5674625 44294507 Tuition and Fees 611710 564641728 564641728 Auxiliary Operations 611710 38446299 21771997 16674302 13207490 13207490 616295517 6626937 12245 6614692 232858 110806 122052 122052 122052 125121700 62550 124805450 64659 316250 -2109 314141 314141 307672 833644 902699 -595027 -595027 1280608 502629 777979 172693 605286 Grande Oaks LLC 713910 3299108 20000 3279108 3299108 671135214 599813908 3896639 23130160 2754263 2754263 42411548 42411548 147529 147529 2600132 1184810 1238001 177321 489262 489262 296542989 263024468 32337071 1181450 18383069 16304485 2003766 74818 32902455 29046318 3708915 147222 20093462 17730305 2272831 90326 5008864 597010 4411854 791357 37405 753952 969757 969757 325138 325138 24129891 19891997 4135979 101915 10372336 6372999 3998972 365 29885688 23275071 6173663 436954 11497616 9909680 1587936 46786940 38896487 7869266 21187 6939578 5746264 1151367 41947 2202600 1992338 204184 6078 13666082 12006770 1595941 63371 36078611 31876942 4034372 167297 10026263 7118635 2907628 Bad Debt Expense 6382414 6228921 153493 Small Equipment 5287967 4935877 293730 58360 Special Promotions 4656900 2797758 1288662 570480 Dues and Membership 1666796 823671 842245 880 6183387 5668434 506233 8720 639182894 550779985 85254218 3148691 18635473 21946717 51148201 19160403 11939076 12200192 22095679 23796846 6665827 7686626 1145610 775099 6548031 6947403 1140039512 326327895 784165251 813711617 196510807 242589544 28324806 35500858 20890782 88707603 1148069543 1273022908 53358719 44850395 81914156 84587888 348608638 430497149 8000000 8000000 50248387 58023632 542129900 625959064 X 516502558 547888482 66810228 68972029 22626857 30203333 605939643 647063844 1148069543 1273022908 31952320 9171881 0 X 0 1 X 1 1 1 X 33398602 72205671 71260811 35413695 44294507 256573286 33398602 72205671 71260811 35413695 44294507 256573286 5482927 251090359 2316304 1225972 4508118 5618888 6894628 20563910 277137196 2991604407 0.90600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 969757 0 0 969757 0 Part II-B, Line 1: The University has hired professional consultants that have engaged in direct lobbying. These consultants work on Nova Southeastern University's behalf meeting or calling on government officials or legislators requesting support for specific projects and programs regarding higher education, research funding and other legislation which could impact the University. X X X X 0 81063609 5545231 12008869 1060095 2127241 95430373 69576041 5175112 7533745 245178 976111 81063609 64453000 5654623 911786 1443368 69576041 54223000 6187000 7509000 3466000 64453000 46189000 3570000 4808000 344000 54223000 0.44000 0.32000 0.24000 0 0 285615 72890409 73176024 711299984 150080432 561219552 28595924 19120227 9475697 139254897 75834747 63420150 187712683 81292489 106420194 813711617 Bond deposits with trustees 61116177 Scholarship funds held in trust by others 3837731 Deferred debt issue costs and other assets 23753695 88707603 Other Current Liabilities 11569018 Accrued Insurance 11208897 Grande Oaks Other LT Liabilities 5892508 Current Student Deposit 8685970 Long Term Refundable Perkins 4761763 Deferred Rent Liability 3942971 Other Long Term Liabilities 2270798 LT Refundable DHHS Liability 2483136 Health Centers Refund Payables 524156 Annuities Payable 125545 Voluntary Seperation Offer 6558870 58023632 X Part III, Line 1a: The Museum of Art acquires art for its collection through purchase or gift. As permitted by SFAS 116 (ASC 958), accounting for contributions received and contributions made, the Museum does not include its collection items as assets in the consolidated statement of financial position. Accordingly, no value has been assigned to the Museum's art collection. The University's policy requires any proceeds from sales of collection items to be used to acquire other items for the collection. Proceeds from the sale of collection items and expenditures for collection items purchased are reflected in the consolidated statement of activities separately from revenues and expenses. Part III, Line 4: Nova Southeastern University operates the Museum of Art/Fort Lauderdale. In service to the public, the mission of the Museum is to actively engage diverse audiences in the appreciation of works of art through innovative exhibitions, education programs, publications, and collection activities. This mission is consistent with the University's exempt educational purpose. Part V, Line 4: The University's endowment consists of aproximately 280 individual endowments established for a variety of purposes. The University considers the following factors in making a determination to appropriate or accumulate donor restricted funds: a) the purposes of the institution b) the intent of the donors of the endowment fund c) the terms of the applicable instrument d) the long and short term needs of the institution e) general economic conditions f) possible effects of inflation or deflation g) the other resources of the institution h) perpetuation of the endowment Part X, Line 2: Accounting for Uncertainty in Income Taxes: The University follows the guidance contained in ASC 740, Income Taxes. ASC 740 addresses the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes a threshold of more-likely-than-not for recognition and de-recognition of tax positions taken or expected to be taken in a tax return. There were no uncertain tax positions recorded in the consolidated financial statements for fiscal years 2014 and 2013. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Consistent with all federal and state laws, rules, regulations, and/or local ordinances (e.g. Title VII, Title VI, Title III, Title II, Rehab Act, ADA, Title IX), it is the policy of Nova Southeastern University not to engage in discrimination or harassment against any persons because of race, color, religion or creed, sex, pregnancy, national or ethnic origin, non-disqualifying disability, age, ancestry, marital status, sexual orientation, unfavorable discharge from the military, veteran status, political beliefs or affiliations, and to comply with all federal and state nondiscrimination, equal opportunity and affirmative action laws, orders, and regulations. This nondiscrimination policy applies to admissions, enrollment, scholarships, loan programs, athletics, employment, and access to, participation in, and treatment in all university centers, programs, and activities. NSU admits students of any race, color, religion or creed, sex, pregnancy, national or ethnic origin, non-disqualifying disability, age, ancestry, marital status, sexual orientation, unfavorable discharge from the military, veteran status, political beliefs or affiliations, and activities generally accorded or made available to students at NSU and does not discriminate in the administration of its educational policies, admission policies, scholarship and loan programs, and athletic and other school administered programs. Schedule E, Part I, Line 6 Students receive financial aid from the federal government. State aid is provided through grants. 1 Central America/Caribbean 11 12 Program Services Academic Studies 661835 North America 4 3 Program Services Academic Studies 141013 South America 2 1 Program Services Academic Studies 62007 East Asia and Pacific 5 1 Program Services Academic Studies 42563 Europe 1 0 Program Services Academic Studies 50948 Central America/Caribbean 0 0 Grants to Recipients Located in Region 147529 Central America/Caribbean Investments 14454394 23 17 0 0 23 17 15560289 0 15560289 Scholarships to Recipients Located in Region Central America and the Caribbean 40 147529 cash 0 n/a 1 0 1 0 0 0 Part I, line 3: The amounts reported in column (f) include primarily the direct expenditures for the regions listed, recorded on the accrual method of accounting. Celebration of Excellence 414150 359200 54950 282737 175462 24899 41692 Nova Golf Classic 338250 233540 104710 5176 71455 22989 133807 6 388916 240904 148012 14621 73342 11914 44605 1141316 833644 307672 302534 320259 59802 220104 902699 -595027 1 Aging and Disability Center of Broward County 5300 Hiatus Road Sunrise FL 33351 591529419 501(c)(3) 6060 0 subcontract BEC Group International LLC 400 SW Sandy Way Port St Lucie FL 34986 462496432 31400 0 subcontract Camillus Health Concern 336 NW 5 Street Miami FL 33128 650063921 501(c)(3) 49989 0 subcontract Central Florida Area Health Education Center Inc 328 S Central Ave Apopka FL 32703 593050122 501(c)(3) 1067717 0 subcontract Everglades Area Health Education Center Inc 5725 Corporate Way-Suite 102 West Palm Beach FL 33407 592740588 501(c)(3) 872735 0 subcontract Florida Atlantic University 777 Glades Road Boca Raton FL 33431 650385507 govt 22570 0 subcontract Hektoen Institute 2240 Ogden Avenue Chicago IL 60612 362244897 501(c)(3) 37712 0 subcontract Jessie Trice Community Health Center 5607 NW 27 Ave Suite 1 Miami FL 33142 591235617 501(c)(3) 6130 0 subcontract Larkin Community Hospital 7031 SW 62 Ave South Miami FL 33143 650729921 52936 0 subcontract Lee Memorial Health System 2776 Cleveland Ave Fort Myers FL 33901 590714812 govt 6540 0 subcontract Pacific Atlantic Professional Academy 2134 E Bayside Rd Cape Charles VA 23310 261907693 6964 0 subcontract Research Foundation for the State University of NY PO Box 9 Albany NY 12201 141368361 501(c)(3) 16233 0 subcontract Sigma Educational Services PO Box 1450 Covington LA 70434 262909755 20463 0 subcontract South Florida Veterans Affairs for Research & Education 1201 NW 16 St Rm 2A103 Miami FL 33125 650207903 501(c)(3) 57003 0 subcontract Suwannee River Area Health Education Center Inc 14646 NW 151 Blvd Alachua FL 32615 593112649 501(c)(3) 50000 0 subcontract University of Florida PO Box 113001 Gainesville FL 32611 596002052 govt 32954 0 subcontract University of Miami 1320 S Dixie Hwy Coral Gables FL 33146 590624458 501(c)(3) 20098 0 subcontract University of Missouri 311 Jesse Hall Columbia MO 65211 436003859 govt 8277 0 subcontract Virtual Ability 2220 S Fraser St Aurora CO 80014 260613580 501(c)(3) 94255 subcontract Junior Achievement of South Florida 1130 Coconut Creek Blvd Coconut Creek FL 33066 590871446 501(c)(3) 170000 0 contribution United Way of Broward County 1300 S Andrews Ave Ft Lauderdale FL 33316 590624402 501(c)(3) 50000 0 contribution Beaux Arts One East Las Olas Blvd Ft Lauderdale FL 33301 596138952 501(c)(3) 7500 0 contribution First Call For Help of Brwd Inc 250 NE 33 St Oakland Park FL 33334 650589294 501(c)(3) 7500 0 contribution 19 4 Student Financial Assistance 7615 42411548 0 n/a Schedule I, Part I, Line 2: Grants to subrecipients - NSU enters into an agreement with each subcontract which properly identifies prime award information, compliance requirements, and subrecipient monitoring documents required, as applicable. Subrecipients are required to report to NSU any finding noted during an audit conducted under OMB Circular A-133 which relates to the performance of the subcontract. The Principal Investigators review and approve programmatic activities via approval of subrecipient's invoices for payments. Schedule I, Part I, Line 2: Institutional grants awarded to students are recorded to individual student accounts and to each college departmental account using specific contra revenue account codes. The number of recipients and amount of awards varies by center and program. Funds set aside for scholarships are budgeted annually and included in the University's budget plan approved by the Board of Trustees. X X X X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 George L Hanbury II PhD President/Chief Executive 632195 0 0 0 177824 0 43000 0 17513 0 870532 0 0 0 Jacqueline A Travisano Exec VP/Chief Operating Officer 344176 0 0 0 28498 0 25500 0 35028 0 433202 0 0 0 Francis A DePiano Exec VP/Provost 379327 0 0 0 2376 0 25500 0 7403 0 414606 0 0 0 Frederick Lippman Health Profess Div Chancellor 387759 0 0 0 42543 0 25500 0 1138 0 456940 0 0 0 H Wells Singleton Dean/School of Education 315907 0 0 0 13111 0 10510 0 18061 0 357589 0 0 0 Tracy A Favreau Professor/Prog. Director 221283 0 0 0 69727 0 22488 0 9206 0 322704 0 0 0 Ray Ferrero Jr University Chancellor 389078 0 0 0 12313 0 43000 0 19109 0 463500 0 0 0 Joseph D Harbaugh Professor of Law 331580 0 0 0 2966 0 25500 0 14497 0 374543 0 0 0 Kenneth E Johnson Professor 279344 0 0 0 7702 0 25500 0 18607 0 331153 0 0 0 Anthony J Silvagni Dean/Professor 329827 0 0 0 7807 0 25500 0 14251 0 377385 0 0 0 Randolph Pohlman Professor (Former Key Emp) 249469 0 0 0 1783 0 25500 0 13443 0 290195 0 0 0 John Santulli VP/Facilities Mgt (Former Key Emp) 0 0 0 0 121643 0 0 0 0 0 121643 0 0 0 Part I, Line 1a Supplemental Compensation Information: Line 1- First class travel- Per the travel policy of Nova Southeastern University, Inc., all travel must be by the most direct or economical route. Higher fares may be reimbursable only when coach accommodations would: (1) require circuitous routing; (2) require travel during unreasonable hours; (3) greatly increase the duration of the flight; (4) result in additional costs which would offset the transportation savings; (5) offer accommodations which are not reasonably adequate for the medical needs of the traveler. These exceptions will require the traveler to submit a letter of approval signed by their Dean or Vice President. Line 2-Travel for companions -Per the travel policy of Nova Southeastern University, Inc., when a spouse or dependent accompanies the employee, the University will pay for only the travel costs of the employee. Occasionally, spouses of faculty and staff are asked to travel on University business. Spouse travel reimbursement by the University requires approval by a Dean or Officer, or their authorized representative. If the business purpose of the spousal travel is not properly documented, it will be taxed to the employee. Line 5-A housing allowance is provided to the president of the University. This allowance is fully taxable to the recipient. Line 7-The University pays for club dues on behalf of certain executives. These amounts are treated as taxable to the employee and included in his or her compensation. Part I, Line 4a Payments were received upon retirement by John Santulli; such amounts are reported on Form 990, Part VII, Sect A. A BCEFA (See Part VI) 521626969 115015FR5 2006-04-12 99951270 See Part VI (Series 2006) 0 0 0 B BCEFA (See Part VI) 521626969 115015FY0 2008-10-23 60000000 See Part VI (Series 2008A) 0 0 0 C Town of Davie Florida 596046527 2009-05-29 60000000 See Part VI (Series 2009) 0 0 0 D HEFFA (See Part VI) 900058227 34073TCV7 2011-02-15 37878793 See Part VI (Series 2011) 0 0 0 A 99951270 9181173 1028556 2421361 87320180 2007 0 0 1 1 B 2135000 60000000 682472 400684 58916844 2008 0 0 1 1 C 10639603 60000000 491850 59508150 2010 0 0 1 1 D 6995000 37878793 1821473 650626 22278960 13127734 2011 1 0 1 1 A 0 0 1 1 0 0.03450 0.00000 0.03450 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 1 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 Part I, Column (a)Full Name of Bond Issue and (f)Description of Purpose First Group Row A: (a)Broward County Educational Facilities Authority (BCEFA)/Series 2006 (f) Construction of undergraduate dormitory and University Center Row B: (a)Broward County Educational Facilities Authority (BCEFA)/Series 2008A (f) Construction of chiller plant and dormitory building Row C: (a)Town of Davie, Florida/Series 2009 (f) Equipping and renovating University School Row D: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2011 (f) Refund 2000B bonds issued May 16,2000 and construction of West Palm Beach Student Educational Center Second Group Row A: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2012A (f) Refund 2002A/B bonds issued February 6,2002 and to finance technology and related acquisitions Row B: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2012B (f) Refund the outstanding BCEFA Series 2000A & Series 2004C Bonds issued May 16,2000 and May 12,2004, respectively Row C: (a) Town of Davie, Florida 2013A (f) Construction and equipping of portions of the following, including reimbursement of expenses incurred prior to the issuance of the 2013A bonds: Center for Collaborative Research, Oceanographic Center, Stormwater Management Drainage System and Sports Center II Row D: (a) Town of Davie,Florida 2013B (f) Refund the outstanding BCEFA Series 2004A & Series 2004B Bonds issued on April 1, 2004 Part II, Line 3 - Total Proceeds of Issue Second Group, Town of Davie, Florida 2013A Amount reported on Line 3 includes investment earnings and as a result does not agree to issue price listed on Part I Schedule K, Part IV Arbitrage, Line 2C: (A) Issuer Name: BCEFA 2006 Date the rebate computation was performed: 04/12/2011 (B) Issuer Name: BCEFA 2008A Date the rebate computation was performed: 10/23/2013 (C) Issuer Name: Town of Davie, Florida 2009 Date the rebate computation was performed: 08/17/2012 Which was the final compuation date. A HEFFA (See Part VI) 900058227 34073TFW2 2012-06-05 48511454 See Part VI (Series 2012A) 0 0 0 B HEFFA (See Part VI) 900058227 2012-11-13 34735000 See Part VI (Series 2012B) 0 0 0 C Town of Davie Florida 596046527 23867PAC2 2013-12-06 96174076 See Part VI (Series 2013A) 0 0 0 D Town of Davie Florida 596046527 23867PAX6 2014-01-03 21054435 See Part VI (Series 2013B) 0 0 0 A 1695000 48511454 737361 9000000 38774093 2012 1 0 1 1 B 4360000 34735000 205000 34530000 2012 1 0 1 1 C 96185101 48163619 48021482 0 0 0 1 D 825000 21054435 21054435 2013 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 1 0 0 0.00660 0.00000 0.00660 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 92229 Tuition Waivers/Scholarships for family members To attend Nova Southeastern University 21640 Tuition Waivers/Scholarships for officers To attend Nova Southeastern University Paramount Coffee Services Inc Albert J. Miniaci,Trustee, is an officer of Paramount Coffee Services, Inc. 251063 Paramount supplies coffee products and services to the University. 0 X 3 0 X 0 X 5 0 X 4 0 X See Part III 5 5674625 FMV X See Part III 11 0 X See Part III 29 0 2 0 1 0 Part I, Column (b): The amount reported in column (b) represents the number of contributions received throughout the year for each type of property listed. Schedule M, Part I, Line 25: Computer Equipment and Software - non cash contributions of various computer related equipment and software. This includes a non cash contribution of a Super Computer and Software License reported on Form 990, Part VIII, Line 1g for $3,943,207 and $1,731,418, respectively. Schedule M, Part I, Line 26: Equipment - non cash contributions of various equipment Schedule M, Part I, Line 27: Auction Items - non cash contributions of various items to be auctioned at fundraising events, such as dining gift cards and tickets to special events. Part I, Line 33: The contributions listed in Line 1(c) were not reported as revenue, as permitted under generally accepted accounting principles. A zero amount was reported because the organization does not capitalize its collections, as allowed under ASC 958-360-25, formerly known as SFAS 116. In other instances where no amounts were reported in column (c), contribution revenue was not recorded based on immateriality. Form 990, Part VI, Section A, line 1 Explain delegation of authority to an executive committee by the governing body: In accordance to Nova Southeastern University bylaws, the Executive Committee, established by the Board of Trustees (BOT), consists of the Chair of the BOT, the Vice Chair of the BOT, the President of the University, the Chairs of the Standing Committees and such other members of the BOT as designated by the Chair. The Executive Committee has the power to transact all business delegated to it by the BOT and shall, during periods between meetings of the BOT and for all matters of an urgent nature for which it is impractical or impossible to delay decisions until the next meeting of the BOT, have the power to transact all business of the BOT in the management of the Corporation, subject to any limitations otherwise imposed on the BOT as a whole. The Executive Committee shall have such additional powers as conferred upon it by the BOT, and shall report in writing to the BOT following each meeting. Form 990, Part VI, Section B, line 11 Describe the process used by the organization to review this Form 990: The Form 990 is prepared by the Nova Southeastern University finance staff and presented to the University's outside tax accountants (KPMG, LLP) for review. After review by the outside tax accountants, a draft copy of the Form 990 and all required schedules are provided for review to the Vice President of Finance/Chief Financial Officer, the Executive Vice President/Chief Operating Officer, and the President/Chief Executive Officer of the University. Upon completion of the internal review, the final form 990 and all required schedules are initially provided to the Executive Committee of the Board of Trustees and subsequently made available to the full Board of Trustees prior to filing. Form 990, Part VI, Section B, line 12c Describe how the organization monitors and enforces compliance with its conflict of interest policy: Nova Southeastern University (NSU) maintains a written Code of Conduct Policy which provides an overview of requirements in complying with applicable laws, rules, regulations, and adhering to ethical standards by its officers, employees, representatives, and agents in conducting NSU business. To aid in the identification of and correction of any actual or perceived violations of the University's Code of Conduct Policy, NSU has a written Compliance Plan. The Compliance Plan not only explains the compliance obligations of all NSU colleagues, it contains specific directives for key personnel and committees to uphold the Compliance Plan and ensure that their team members have sufficient information to comply with the applicable laws, regulations, and policies, as well as the resources to resolve ethical dilemmas. In addition to the foregoing, each year, the University asks the governing Board of Trustees, officers, directors, and key employees to respond to a questionnaire and disclose on a yearly basis. The questionnaire is designed to collect information and monitor compliance. Form 990, Part VI, Section B, line 15 Process for determining compensation of Officers and Key positions: Each year a comparative analysis is performed by a compensation analyst in human resources and is provided to the compensation committee appointed by the Chairman of the Board of NSU. The analysis is reported to the Executive Committee and then to the Board of Trustees of the University. Form 990, Part VI, Section C, line 19 Nova Southeastern University's audited financial statements are part of its Annual Report which is made available on its website at http://www.nova.edu/cwis/fop/. In addition, the public at large may receive a copy of the report upon request. NSU Grande Oaks LLC 3201 W Rolling Hills Circle Fort Lauderdale FL 33328 204811801 Golf Course FL 5159606 36806966 Nova Southeastern University Inc NSU Park Plaza LLC 3301 College Ave Fort Lauderdale FL 33314 954893480 Commercial Real Estate FL 939788 3863600 Nova Southeastern University Inc NSU Health Professions Division Foundation Inc 3200 South University Dr Fort Lauderdale FL 33328 650456144 Support FL 501 (c) (3) Line 11c, III-FI Nova Southeastern University Inc 0 NSU Guaranty Insurance Company LTD c/o Willis Mgt PO Box 30600 KY1 12 Grand Cayman CJ KY1-1203 Insurance Captive CJ Nova Southeastern University Inc C 100 100 1.00000 1 The Pointe Corp Office Park Prop Owners Assn Inc 3301 College Ave Fort Lauderdale FL 33314 460743930 Prop Owner's Assn (no activity) FL Nova Southeastern University Inc C 100 100 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 NSU Guaranty Insurance Company LTD R 2336333 premiums paid NSU Guaranty Insurance Company LTD S 755917 claims reimbursed