2014-05-14T10:59:01-05:00 2013-06-30 135565207 KPMG LLP 300 North Greene Street Greensboro NC 27401 990 2012-07-01 591083502 Nova Southeastern University Inc NOVA 9542625258 3301 College Avenue Fort Lauderdale FL 33314 George L Hanbury IIPhD 9542627500 2014-05-14 1 Allison Franklin P00448640 3362753394 2012 2015-11-30 17:44:51Z Nova Southeastern University George L Hanbury IIPhD 3301 College Avenue Fort Lauderdale FL 33314 824524572 0 X www.nova.edu X 1964 FL Nova Southeastern University's primary activity is to provide educational services. See Part III. 25 22 9415 1508 4131384 -827248 51000997 35413695 610216507 606609141 3801827 5514165 3887220 3922764 668906551 651459765 38060742 40842444 0 0 351217734 351483758 0 0 2715494 230740072 223433010 620018548 615759212 48888003 35700553 1101239245 1148069543 533950981 542129900 567288264 605939643 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 306201076 25264478 531312634 Instructional Services: Nova Southeastern University (NSU) offers undergraduate, graduate and professional degrees, and certificate programs to more than 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 more than 16 states, as well as foreign countries. 79226148 197033 5988855 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. 38550065 513020 34876245 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. 106384150 14867913 34431406 Other program services include: Public Service, Research and Agency Services. Nova Southeastern University goes beyond its primary mission by reaching out to the community with diverse community service programs and resources. Nova Southeastern University is one of only 311 colleges and universities nationally selected for the Carnegie Foundation's Community Engagement Classification, and only one of 37 colleges and universities to hold both communities engaged and high research activity designations. The community engagement classification acknowledges significant commitment to and demonstration of community engagement.The university continues to grow its research activities. Construction was completed on the 86,000-square-foot Center of Excellence for Coral Reef Ecosystems Research facility at the university's Oceanographic Center. Funded in part by a $15 million grant from the National Institute of Standards and Technology (NIST), at a cost of approximately $50 million, the Center of Excellence is the only research facility in the nation dedicated to coral reef ecosystem research. 106384150 14867913 34431406 530361439 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 1 1 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 1 1 1 1 0 0 1 1 1 1 0 0 1 40736 0 1 9415 1 1 1 1 CJ BF JM 0 0 0 1 1 0 0 0 0 X 25 22 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 0.50 0.10 X 0 0 0 Mitchell Berger 0.50 X 0 0 0 Keith Brown 0.50 X 0 0 0 Rick Case 0.50 X 0 0 0 Andrew J DiBattista 0.50 X 0 0 0 R Douglas Donn 0.50 X 0 0 0 W Tinsely Ellis 0.50 X X 0 0 0 Arthur J Falcone 0.50 X 0 0 0 Silvia Flores 0.50 X 0 0 0 H Wayne Huizenga 0.50 X 0 0 0 Mike Jackson 0.50 X 0 0 0 Royal F Jonas 0.50 1.00 X 25000 0 0 Milton Jones 0.50 X 0 0 0 Alan B Levan 0.50 X 0 0 0 Nell McMillan Lewis 0.50 X 0 0 0 Thomas E Lynch 0.50 X 0 0 0 Albert J Miniaci 0.50 X 0 0 0 Samuel Morrison 0.50 X 0 0 0 Martin R Press 0.50 X 0 0 0 Paul M Sallarulo 0.50 X 0 0 0 E Clay Shaw Jr 0.50 X 0 0 0 Barry J Silverman 0.50 0.10 X 0 0 0 Franklin L Smith 0.50 X 0 0 0 J Kenneth Tate 0.50 0.10 X 0 0 0 Zachariah P Zachariah 0.50 X 0 0 0 Michael Zager 0.50 X 0 0 0 George L Hanbury II PhD 37.50 0.10 X X 781705 0 46795 Jacqueline A Travisano 37.50 X 329825 0 51833 Francis A DePiano 37.50 0.10 X 370725 0 33830 Frederick Lippman 37.50 1.20 X 401538 0 26106 H Wells Singleton 37.50 X 330403 0 42481 Ray Ferrero Jr 37.50 X 876191 0 58805 Joseph Harbaugh 37.50 X 322622 0 51151 Joanne Ferchland-Parella 37.50 X 342552 0 20837 Wesley D Heron 37.50 X 321678 0 28956 Anthony J Silvagni 37.50 X 307677 0 40468 David M Fields 37.50 X 293893 0 38283 Randolph Pohlman 37.50 X 249240 0 39809 John Santulli 37.50 X 271119 0 19636 5224168 0 498990 547 1 1 0 Moss Miller Joint Venture LLC 2101 N Andrews Ave Ft Lauderdale FL 33311 Construction 13314652 TCB Systems Inc PO Box 960786 Miami FL 33296 Janitorial Services 9716222 Fahlgren Mortine PO Box 1628 Parkersburg WV 26102 Advertising 6320271 Chartwells PO Box 50196 Los Angeles CA 90074 Food Services 6120157 JWR Construction Services 1311 Newport Ctr Dr W Ste C Deerfield Bch FL 33442 Construction 5786773 96 748174 21704212 12961309 184127 35413695 Tuition and Fees 611710 556799434 556799434 Auxilliary Operations 611710 34876245 101737 34774508 14933462 14933462 606609141 5507139 5507139 216961 105212 111749 111749 111749 171859201 55141 171859633 47683 -432 7458 7026 7026 343348 748174 561980 -218632 -218632 1197580 490299 707281 707281 Grande Oaks LLC 713910 3322366 3322366 3322366 651459765 571732896 4131384 40181790 2997606 2997606 37844838 37844838 2408511 1178193 1107340 122978 10328 10328 282530200 251209417 30204316 1116467 18042877 16003692 1963207 75978 28931039 25737106 3073271 120662 19560803 17312804 2161914 86085 5105930 138532 4967398 872300 73229 799071 864579 864579 320264 320264 26663801 22760343 3831179 72279 11152889 6596190 4555119 1580 31113683 23300842 7429200 383641 10327249 8477960 1847764 1525 49497350 40451388 9031270 14692 7729813 6155816 1531083 42914 3250735 3031794 217485 1456 11729333 10502144 1174520 52669 34264475 30754696 3355920 153859 7831804 6527709 1304095 Bad Debt Expense 5643776 5452441 191335 Special Promotions 5467488 4103816 910678 452994 Small Equipment 4891504 4652831 235500 3173 Dues and Membership 1791823 918901 871202 1720 4914214 4168823 734569 10822 615759212 530361439 82682279 2715494 18224922 18635473 60116517 51148201 12347542 11939076 23828344 22095679 5250897 6665827 1556885 1145610 4971717 6548031 1078317827 294152576 759898960 784165251 172765922 196510807 21482614 28324806 20794925 20890782 1101239245 1148069543 51356539 53358719 83299498 81914156 358609039 348608638 8000000 40685905 50248387 533950981 542129900 X 478121688 516502558 67387242 66810228 21779334 22626857 567288264 605939643 1101239245 1148069543 35700553 2950826 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 864579 0 0 864579 0 Explanation of Lobbying Activities: 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 69576041 5175112 7533745 245178 976111 81063609 64453000 5654623 911786 1443368 69576041 54223000 6187000 7509000 3466000 64453000 46189000 3570000 4808000 344000 54223000 59078000 1587000 -12779000 1697000 46189000 0.46000 0.28000 0.26000 0 0 283119 72890409 73173528 692635396 135431751 557203645 21975180 15311322 6663858 127526407 68507566 59018841 163007316 74901937 88105379 784165251 Other Current Liabilities 12365673 Accrued Insurance 11436877 Grande Oaks Other LT Liabilities 6570610 current student deposit 5443274 LT REFUNDABLE PERKINS 4751602 DEFERRED RENT LIABILITY 4360269 OTHER LT LIABILITIES 2424475 LT REFUNDABLE DHHS LIABILITY 2260014 HEALTH CENTERS REFUND PAYABLES 546782 Annuities Payable 88811 50248387 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. Description of Intended Use of Endowment Funds: Part V, Line 4: The University's endowment consists of aproximately 264 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 Description of Uncertain Tax Positions Under FIN 48: 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 2013 and 2012. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication 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. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 Students receive financial aid from the federal government. State aid is provided through grants. 1 Central America/Caribbean 13 12 Program Services Academic Studies 1331615 North America 3 0 Program Services Academic Studies 220441 Europe 1 0 Program Services Academic Studies 45444 Central America/Caribbean 0 0 Grants to Recipients Located in Region 129002 17 12 0 0 17 12 1726502 0 1726502 Scholarships to Recipients Located in Region Central America and the Caribbean 47 129002 cash 0 1 0 1 0 0 0 Method Used to Acccount for Expenditures: Schedule F, 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. Nova Golf Classic 417440 252461 164979 25330 71649 450 103597 U School Main Event 183264 121661 61603 20875 2550 13235 5 490818 374052 116766 139199 104480 80615 1091522 748174 343348 164529 197004 3000 197447 561980 -218632 1 Albany Medical College 43 New Scotland Ave Albany NY 12208 141338310 501(c)(3) 15253 subcontract Areawide Council on Aging of Broward County 5345 NW 35 Ave Ft Lauderdale FL 33309 591529419 501(c)(3) 6060 subcontract Broward County Board of County Commissioners 2995 N Dixie Hwy ft Lauderdale FL 33334 596000531 govt 22000 subcontract Camillus Health Concern 336 NW 5 St Miami FL 33128 650063921 501(c)(3) 47949 subcontract Care Resource 3510 Biscayne Blvd Ste 300 Miami FL 33137 592564198 501(c)(3) 16340 subcontract Central Florida Area Health Education Center Inc 328 S Central Ave Apopka FL 32073 593050122 501(c)(3) 851267 subcontract Everglades Area Health Education Center Inc 5725 Corporate Way-Suite 102 West Palm Beach FL 33407 592740588 501(c)(3) 825347 subcontract Suwannee River Area Health Center Network 12901 Bruce B Downs Blvd Tampa FL 33612 593112649 501(c)(3) 34000 subcontract Florida Atlantic University 2912 College Ave MOD 38G Davie FL 33314 650385507 govt 60261 subcontract Florida International University 11200 SW 8 St Miami FL 33199 650177616 govt 46542 subcontract Hektoen Institute LLC 2100 W Harrison St Chicago IL 60612 362244897 501(c)(3) 183772 subcontract Indian River State College 3209 Virginia Ave Ft Pierce FL 34981 591206516 govt 7500 subcontract Jessie Trice Center for Community Health Center Inc 5361 NW 22 Ave Miami FL 33142 591235617 501(c)(3) 6130 subcontract Larkin Community Hospital 7000 SW 62 Ave Ste 300 Miami FL 33143 650729921 73234 subcontract Lee Memorial Health System PO Box 151247 Cape Coral FL 33915 590714812 govt 6540 subcontract Pacific Atlantic Professional Academy 5705 Thurston Ave Virginia Beach VA 23455 261907693 6185 subcontract Palm Beach State College Po Box 24708 West Palm Beach FL 33416 591216000 govt 7500 subcontract Research Triangle Institute 3040 Cornwallis Rd Research Triangle Pk NC 27709 560686338 501(c)(3) 167390 subcontract Sigma Educational Services LLC 123 Rouelle Mandeville LA 70471 262909755 27015 subcontract South Florida Community College 600 W College Dr Avon Park FL 33828 591218159 govt 7500 subcontract Texas Tech University 3601 4th St MS 6274 Lubbock TX 79430 756002622 govt 6517 subcontract University of Miami 5665 Ponce De Leon Blvd Miami FL 33124 590624458 501(c)(3) 91357 subcontract University of Missouri 15 Jesse Hall Columbia MO 65211 436003859 govt 19763 subcontract University of North Carolina at Chapel Hill CB 7460 Carrington Hall Chapel Hill NC 27599 566002370 govt 9560 subcontract University of Pittsburgh 200 Scaife Hall DeSoto Terrace St Pittsburgh PA 15261 250965591 501(c)(3) 23037 subcontract Virtual Ability Inc 2220 S Fraser St Unit 1 Aurora CO 80014 260613580 501(c)(3) 37667 subcontract Junior Achievement of S Fla 1130 Coconut Creek Blvd Coconut Creek FL 33066 590871446 501(c)(3) 82250 contribution Leadership Fl Statewide Community F 135 South Bronough Street Tallahassee FL 32301 593201445 501(c)(3) 75000 contribution United Way Of Broward County Inc-UW 1300 S Andrews Ave ft Lauderdale FL 33316 590624402 501(c)(3) 37500 contribution Royal Dames of Cancer Research Inc 4900 N Ocean Blvd 1515 ft Lauderdale FL 33308 591922210 501(c)(3) 25000 contribution Rotary Foundation of Davie-Cooper C POBox 290325 Davie FL 33329 320107220 501(c)(3) 13500 contribution Common Knowledge Scholorship Founda PO Box 290361 davie FL 33329 651101565 501(c)(3) 12375 contribution St Andrews Sch 3900 Jog Road Boca Raton FL 33434 590942383 501(c)(3) 10000 contribution American Heart Association 9900 Dr Martin Luther King Jr St N St Petersburg FL 33716 135613797 501(c)(3) 7562 contribution First Call For Help of Brwd Inc 250 NE 33 St Oakland Park FL 33334 650589294 501(c)(3) 7500 contribution Greater Ft Lauderdale Chamber of Co 512 NE 3 Ave Ft Lauderdale FL 33301 590250255 501(c)(6) 6500 contribution Joe DiMaggio Childrens Hosp-JDCH 1131 N 35 Ave Hollywood FL 33021 461258103 govt 6477 contribution Dan Marino Foundation Inc 400 North Andrews Ave Ft Lauderdale FL 33301 650320556 501(c)(3) 5750 contribution 34 4 Student Financial Assistance 5893 37715836 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 606122 0 0 0 175583 0 25000 0 21795 0 828500 0 0 0 Jacqueline A Travisano 301751 0 0 0 28074 0 16885 0 34948 0 381658 0 0 0 Francis A DePiano 368303 0 0 0 2422 0 25000 0 8830 0 404555 0 0 0 Frederick Lippman 361018 0 0 0 40520 0 25000 0 1106 0 427644 0 0 0 H Wells Singleton 315385 0 0 0 15018 0 25000 0 17481 0 372884 0 0 0 Ray Ferrero Jr 386795 0 0 0 489396 0 42000 0 16805 0 934996 0 0 0 Joseph Harbaugh 319676 0 0 0 2946 0 25000 0 26151 0 373773 0 0 0 Joanne Ferchland-Parella 56657 0 0 0 285895 0 17932 0 2905 0 363389 0 0 0 Wesley D Heron 97991 0 0 0 223687 0 25000 0 3956 0 350634 0 0 0 Anthony J Silvagni 300533 0 0 0 7144 0 25000 0 15468 0 348145 0 0 0 David M Fields 153719 0 0 0 140174 0 25000 0 13283 0 332176 0 0 0 Randolph Pohlman 247457 0 0 0 1783 0 25000 0 14809 0 289049 0 0 0 John Santulli 127947 0 0 0 143172 0 12164 0 7472 0 290755 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 Wesley D. Heron, John Santulli and Joanne Ferchland-Parella; such amounts are reported in Part II, Column B(iii). A BCEFA 2004A2004B 521626969 115015DD8 2004-04-01 45673537 See Part VI 0 0 0 B BCEFA 2006 521626969 115015FR5 2006-04-12 99951270 See Part VI 0 0 0 C BCEFA 2008A 521626969 115015FY0 2008-10-23 60000000 See Part VI 0 0 0 D Town of Davie 2009 596046527 2009-05-29 60000000 See Part VI 0 0 0 A 19365000 45673538 1604188 632187 607542 18116676 24712945 2007 1 0 1 1 B 99951270 9181173 1028556 2421361 87320180 2007 0 0 1 1 C 1505000 60000000 682472 400684 58916844 2008 0 0 1 1 D 8204523 60000000 491850 59508150 2010 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.03310 0.00000 0.03310 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 0 0 0 0 1 C 0 0 0 1 1 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 (BCEFA)/Series 2004A/2004B (f) Refund 1994 bonds issued May 19,1994 and construction of University Center Row B: (a)Broward County Educational Facilities (BCEFA)/Series 2006 (f) Construction of undergraduate dormitory and University Center Row C: (a)Broward County Educational Facilities (BCEFA)/Series 2008A (f) Construction of chiller plant and dormitory building Row D: (a)Town of Davie, Florida/Series 2009 (f) Equipping and renovating University School Second Group Row A: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2011 (f) Refund 2000B bonds issued May 16,2000 and construction of West Palm Beach Student Educational Center Row B: (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 C: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2012B (f) Refund the outstanding BCEFFA Series 2000A & Series 2004C Bonds issued May 16,2000 and May 12,2004, respectively Schedule K, Part IV Arbitrage, Line 2C: (A) Issuer Name: BCEFA 2004A/2004B Date the rebate computation was performed: 05/12/2009 (B) Issuer Name: BCEFA 2006 Date the rebate computation was performed: 04/12/2011 (C) Issuer Name: BCEFA 2008A Date the rebate computation was performed: 10/23/2013 A HEFFA 2011 900058227 34073TCV7 2011-02-15 37878793 See Part VI 0 0 0 B HEFFA 2012A 900058227 34073TFW2 2012-06-05 48511454 See Part VI 0 0 0 C HEFFA 2012B 900058227 2012-11-13 34735000 See Part VI 0 0 0 A 4600000 37878793 1821473 650626 22278960 13127734 2011 1 0 1 1 B 880000 48511454 737361 7127125 38774093 1872875 2012 1 0 0 1 C 1715000 34735000 205000 34530000 2013 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.01270 0.00000 0.01270 0 0 1 C 0 1 1 1 0 0.00590 0.00000 0.00590 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 A 1 B 1 C 1 118135 Tuition Waivers/Scholarships for family members To attend Nova Southeastern University Paramount Coffee Services Inc Albert J. Miniaci,Trustee, is an officer of Paramount Coffee Services, Inc. 238997 Paramount supplies coffee products and services to the University. 0 David DePiano Family member of Francis A. DePiano 10328 Employment at Nova Southeastern University, Inc. 0 ReBro Inc Entity owned by family member of Andrew DiBattista, Trustee 1021925 ReBro provides storage services to Nova Southeastern University. 0 X 50 0 X 12 0 X 13 0 X 11 171103 Appraisal X See Part II 1 13024 FMV X See Part II 48 0 0 0 1 0 Method for Determining Number of Contributors: Part I, Column (b): NSU reports the number of contributions received throughout the year for each type of property listed. Schedule M, Part I, Line 18: Includes non cash contributions of signed sports memorabilia Schedule M, Part I, Line 19: Includes non cash contribtuions of food and grocery store gift cards Schedule M, Part I, Line 25: References a non cash contribution of software Schedule M, Part I, Line 26: includes non cash contributions for various fundraising events and silent auction items, such as dining gift cards and tickets to performances and sporting events. Non Reporting of Revenue: Part I, Line 33: The contribution amount listed in Line 1c was 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 made available to the 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 4708830 35942388 Nova Southeastern University Inc NSU Park Plaza LLC 3301 College Ave Fort Lauderdale FL 33314 954893480 Commercial Real Estate FL 940406 3668811 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 3855001 premiums paid NSU Guaranty Insurance Company LTD S 570969 claims reimbursed