2025-02-24T13:10:12+00:00 2024-06-30 332621854 CRI Capin Crouse Advisors LLC 345 Massachusetts Ave Suite 300 Indianapolis IN 46204 990 2023-07-01 381393841 Cleary University CLEA 5175483670 3750 Cleary Drive Howell MI 48843 Alan Drimmer `President & CEO 5175483670 2025-02-24 true true Daren Daiga P01074795 5055022746 2025-02-24 2023 2025-03-06 01:10:19Z Alan Drimmer 3750 Cleary Drive Howell MI 48843 27731168 false X www.cleary.edu X 1883 MI Provide a business education that equips individuals to deliver superior service to employers and their communities. 16 16 274 15 34904 0 704085 389953 23287824 27128248 72379 30700 123882 126654 24188170 27675555 11583194 12884782 0 0 7028923 7318792 0 0 164261 6352356 6764663 24964473 26968237 -776303 707318 42514225 41929591 33607778 32315826 8906447 9613765 To prepare individuals to contribute and prevail in a constantly changing workforce. false false 20970543 12884782 27128248 Instruction and Room & Board - the teaching of higher education courses to students and enabling them to sustain residency on campus in order to attend classes, achieve a bachelor's degree and enjoy the full college experience. At Cleary University, our commitment to enhancing the college experience for our students remains first and foremost. This year, Cleary University is proud to announce many firsts: #1 in Michigan for rate of return (ROI) among private, nonprofit business schools #1 in Michigan for earnings one year after graduation and 10 years after graduation for a degree in business #2 in the nation for best online business degree #4 in Michigan for Best Business College #5 in Michigan for lowest tuition rates among private colleges Cleary also received more than $300,000 in grant funding for its Arthur Secunda Museum Immersive Experience, an opportunity to expand the university's art culture. Funds are being used to restore, preserve, enrich and enhance the art collection of Arthur Secunda on display on the campus. In addition, Cleary expanded its Cleary Direct Connect program to include all Michigan high school graduates. Eligible students automatically are admitted to the university without going through a tedious admission process. Cleary attributes its ongoing sustainability to many factors, particularly the alignment of our curriculum with the labor market. 20970543 true true false false false false true false true true false false true true false true false true false false false false false true false false false true true false false false false false false false false false false false false false false false false false true 1402 0 true 274 true true true false false false false false false false false false false false X 16 16 true false false false false false false true true false false true true true true true true true true false X Megan Temby 5173383319 3750 Cleary Drive Howell MI 48843 Anne McKenny Secretary, Nominating & Govern Comm. 2.0 X X 0 0 0 Don Reimondo Vice Chair 2.0 X X 0 0 0 Edie Reaves Chair 2.0 X X 0 0 0 Glynis McBain Past Chair 2.0 X X 0 0 0 Nick Quigley Treasurer 2.0 X X 0 0 0 Patrick Cleary II Family Seat 2.0 X X 0 0 0 Anu Gopalakrishna Trustee 2.0 X 0 0 0 Bill Selesky Trustee 2.0 X 0 0 0 Cathy Reisterer Trustee 2.0 X 0 0 0 Chris Spensley Trustee 2.0 X 0 0 0 Christian Schafer Trustee 2.0 X 0 0 0 Christopher Davis Trustee 2.0 X 0 0 0 David Barfield Trustee 2.0 X 0 0 0 Kevin Clark Trustee 2.0 X 0 0 0 Patrick Cleary III Trustee 2.0 X 0 0 0 Vishal Sharma Trustee 2.0 X 0 0 0 Douglas Stein Provost 50.0 X 147863 0 17425 Dr Alan Drimmer President & CEO 50.0 X 338454 0 19964 Eric Riddering CIO 50.0 X 139692 0 10588 Heather Bateman VP of Student Services 50.0 X 118302 0 21603 Hoa Nguyen CFO 50.0 X 0 0 0 Jeff Eubank Interim CFO (part year) 50.0 X 0 0 0 Jeremy Walker VP of Enrollment 50.0 X 151379 0 10572 Latasha Ellis Dir. of Detroit Campus 50.0 X 125393 0 1385 Tom Egan Dir. of Development 50.0 X 114583 0 13085 1135666 0 94622 7 false true false Gordon Food Service PO Box 88029 Chicago IL 60680 Food for Dining Hall 281019 CFO Colleague LLC 419 Lake View Way Auburndale FL 33823 Interim CFO Consulting 166936 Jenzabar Inc PO Box 845588 Boston MA 02284 Software 105636 3 76000 101179 212774 389953 Tuition and fees 611600 24651827 24651827 Room and board 611600 2068190 2068190 Auxiliary services 611600 365907 365907 Campus store sales 611310 42324 42324 0 0 0 0 27128248 30700 30700 5500 5500 0 5500 5500 0 0 55291 76000 55613 -322 -322 Event revenue 722320 34904 34904 86572 0 0 86572 121476 27675555 27128248 34904 122450 12884782 12884782 0 0 998093 619329 360861 17903 5437753 3411600 1932678 93475 122741 64873 57868 314284 166110 148174 445921 235685 210236 15125 15125 96665 96665 780644 446294 332943 1407 240652 1216 236756 2680 1400098 815765 583006 1327 51861 51861 293684 293684 444087 392767 48095 3225 1034952 601308 416025 17619 1469739 853920 590798 25021 199827 82787 117040 Equipment 218115 126424 91485 206 Books 206644 119775 86674 195 Dues & subscriptions 187363 147908 38252 1203 125207 0 125207 0 26968237 20970543 5833433 164261 129354 50208 2433422 2502622 533235 808233 0 0 0 0 479559 480927 139441 241715 22123646 8699567 14278590 13424079 277043 307743 0 518566 0 24243581 23595498 42514225 41929591 986108 1059099 483583 127760 0 0 9990142 9865089 22147945 21263878 33607778 32315826 X 3620469 3998747 5285978 5615018 8906447 9613765 42514225 41929591 707318 0 X false true X true true true X 2129641 2887161 508238 704085 389953 6619078 0 0 2129641 2887161 508238 704085 389953 6619078 101429 6517649 100619 168808 93825 68761 36200 468213 0 0 0 16629 0 16629 221730 4039 0 12293 86572 324634 7428554 95927663 0.8774 0.6666 X Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. Schedule A, Part II, Line 10 Other Income DESCRIPTION - EVENT REVENUE, COLUMN A - 221730.0, COLUMN B - 4039.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 225769.0; DESCRIPTION - MISC INCOME, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 12293.0, COLUMN E - 86572.0, COLUMN F - 98865.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1723363 0 323900 X false 1984965 48456 177265 2210686 1823023 37295 127647 3000 1984965 1871924 23585 -69486 3000 1823023 1769284 62086 168808 128254 1871924 1770689 10573 75790 87768 1769284 0.0 1.0 0.0 false false 904842 904842 17586520 5648742 11937778 758234 290614 467620 2801704 2701516 100188 72346 58695 13651 13424079 Artwork 1723363 Beneficial interest in charitable remainder unitrusts 350668 Cash surrender value of life insurance policies 210491 Lease right-of-use assets-operating 6526 Lease right-of-use assets-financing 21304450 23595498 Operating lease obligations 6526 Financing lease obligations 21257352 21263878 14846386 55613 55613 14790773 12884782 12884782 27675555 14139068 55613 55613 14083455 12884782 12884782 26968237 Schedule D, Part III, Line 4 Collections of art - description of collections Arthur Secunda Artwork - The University established the Arthur Secunda Museum at the Livingston County, Howell, MI campus. The museum enhances the University's visibility, reputation and mission by promoting a culture of education and the sophistication students expect from an institution of higher learning. The addition of the museum facilitates study in the field of arts management, examination of the artists as entrepreneur, and the use of the art to stimulate creativity among the business students. Schedule D, Part V, Line 4 Intended uses of endowment funds The intended use of the term and permanent endowment fund is to fund student scholarships. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Fundraising Event Expenses - 55613 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Tuition Assistance - 12884782 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising Event Expenses - 55613 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Tuition Assistance - 12884782 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT Cleary University participates in student aid programs supported by the Department of Education. Summerfest 98586 60000 38586 0 0 5000 6860 7500 19686 Sip, Savor, Support 32705 16000 16705 1320 0 1000 12958 265 1024 3 0 131291 76000 55291 1320 0 6000 19818 7765 20710 55613 -322 true Scholarship allowance - tuition 1275 12399887 Scholarship allowance - room & board 163 484895 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The grants and scholarships awarded by Cleary University are used to pay tuition and fee charges on student accounts. The University is able to monitor whether recipients remain students at the University through the Registrar's office, and class attendance taken by professors. No cash changes hands and funds are directly tied to student accounts. X X X false false false false false false false false false Dr Alan Drimmer President & CEO 338454 0 0 0 0 0 10613 0 9351 0 358418 0 0 0 Douglas Stein Provost 147863 0 0 0 0 0 0 0 17425 0 165288 0 0 0 Jeremy Walker VP of Enrollment 151379 0 0 0 0 0 0 0 10572 0 161951 0 0 0 Eric Riddering CIO 139692 0 0 0 0 0 7000 0 3588 0 150280 0 0 0 Form 990, Part VI, Line 1a Delegate broad authority to a committee The Chair of the Board of Trustees shall also Chair the Executive Committee. The Chair, Immediate Past-Chair, Vice Chair, Secretary, Treasurer, Vice Treasurer, and one McKenny/Cleary Family Seat trustee shall constitute the Executive Committee. Between meetings of the Board of Trustees, the Executive Committee shall have general supervision of the administration and property of the University except that, unless specifically empowered by the Board of Trustees to do so, it may not take any action inconsistent with a prior act of the Board of Trustees, award degrees, alter any by-laws, elect officers, remove officers or Trustees from the Board, approve permanent buildings on tax-exempt property held for University purposes, remove or appoint the President of the University, or take any action which has been reserved for the Board or the President. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Patrick Cleary II and Patrick Cleary III - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared by an independent CPA firm and reviewed in detail by the President & CEO and Controller. The Form 990 is then provided to the Finance Committee for additional review and comment. The reviewed Form 990 is provided to the board of directors with a recommendation from the Finance Committee to approve prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy All board members and employees are asked about any conflict of interest based on the conflict of interest policy. The signed statements are collected and reviewed by the Chief of Staff, as well as the independent members of the board. If a conflict exists, the association with the conflicting interest is discontinued or the board member or employee is not selected to serve. No Trustee shall vote on any matter under consideration at a Board or committee meeting in which such Trustee has a conflict of interest. The minutes of such meetings shall reflect that a disclosure was made and that the Trustee having a conflict of interest abstained from voting. Any Trustee who is uncertain whether the conflict of interest may exist in any matter may request the Board or Committee to resolve the issue by majority vote. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Executive Committee establishes a benchmark for every employee position based on one of the following: CUPA - HR - College & University Professional Association - Human Resources Salary Survey Results or GAASHRM - Greater Ann Arbor Society for Human Resource Management salary survey results. Every employee position is compared to a similar position in one of these surveys (CUPA is used if a position match exists). The average salary for like institutions or similar sized non-profits is used as our benchmark with a margin of 15% on either side of the average to establish our salary "range" for the position. Actual salary for an employee is based on experience and employment duration that moves one's salary up within the salary range and set by the Executive Committee. This process is documented in the committee meeting minutes. Form 990, Part VI, Line 15b Process to establish compensation of other employees See narrative for Form 990, Part VI, Line 15a Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Misc Revenue - Total Revenue: 86572, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 86572;