GEORGIAN COURT UNIVERSITY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GEORGIAN COURT UNIVERSITY (EIN 21-0634981)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-02
- IRS object ID
- 201431229349300138
- Schema version
- 2012v2.3
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-02T11:41:53-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MARKET STREET SUITE 700 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 210634981 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Georgian Court University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % ROBERT KENNY | InCareOfName |
| Name Control | GEOR | NameControl |
| Phone | 7329872200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 Lakewood Avenue | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | Lakewood | City |
| State | NJ | State |
| ZIP Code | 087012097 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MAUREEN RYAN-HOFFMANCPAMBA | Name |
| Title | CONTROLLER/TREASURER | Title |
| Phone | 7379872200 | Phone |
| Date Signed | 2014-04-25 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Russlee Armstrong | Name |
| Phone | 2155614200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ROSEMARY JEFFRIES | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 LAKEWOOD AVENUE | AddressLine1 |
| City | LAKEWOOD | City |
| State | NJ | State |
| ZIP Code | 08701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 80677678 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GEORGIAN.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1908 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | To provide a comprehensive liberal arts education in the Roman Catholic tradition, with a special concern for women. The University is committed to justice, respect, integrity, service and compassion. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 33 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 33 | NbrIndependentVotingMembers |
| Total Nbr Employees | 868 | TotalNbrEmployees |
| Total Nbr Volunteers | 230 | TotalNbrVolunteers |
| Total Gross UBI | 317527 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -23363 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3309514 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2108617 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 53704934 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 48852858 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1805597 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1785190 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 692384 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1556667 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 59512429 | TotalRevenuePriorYear |
| Total Revenue Current Year | 54303332 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 13115766 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 11949310 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 23926915 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 23177531 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 100000 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1543179 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 20690024 | OtherExpensePriorYear |
| Other Expenses Current Year | 19181167 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 57832705 | TotalExpensesPriorYear |
| Total Expenses Current Year | 54308008 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1679724 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -4676 | RevenuesLessExpensesCY |
| Total Assets BOY | 121067302 | TotalAssetsBOY |
| Total Assets EOY | 123459628 | TotalAssetsEOY |
| Total Liabilities BOY | 36971255 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 35350897 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 84096047 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 88108731 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Georgian Court University provides a comprehensive liberal arts education and is open to students of all faiths. Cultivated by a highly esteemed university environment and committed faculty, GCU delivers to students an innovative liberal arts curriculum that promotes scholarship, service, leadership, and personal development. Driven by the Sisters of Mercy's core values of respect, integrity, service, justice, and compassion, Georgian Court has a commitment to creating world citizens and helping students use their unique strengths to find purpose-that place where talent and passion intersect. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 34144719 | Expense |
| Grants | 11949310 | Grants |
| Revenue | 49083165 | Revenue |
| Description | Georgian Court University serves about 2,300 students in 30 undergraduate and 10 distinctive graduate programs. Students are enrolled through the GCU School of Business, School of Education and the School of Arts and Sciences. The university also offers online degrees and specialty courses in such fields as holistic health, homeland security, and graduate education. Georgian Court, located in historic Lakewood, NJ, is dedicated to the personal and professional success of its students. The university has historic roots as a women's college, and served men in evening and graduate courses---usually part-time---until September 2012. That's when male students were eligible to enroll fulltime in any course as the university prepared to become fully coeducational by Fall 2013. GCU provides all of its students---women and men---a values-based liberal arts education that enhances the marketability of GCU graduates across various disciplines and emphasizes purposeful leadership that enables alumni to excel in their careers and contribute to the greater good locally, nationally, and throughout the world. GCU's consistent 13:1 student-faculty ratio facilitates unique learning relationships and fosters valuable research opportunities between professors and their students. Small classes with approachable faculty are especially helpful for adult learners (28% percent of GCU students are non-traditional learners older than 21), many of whom are juggling university studies with busy schedules, job and family obligations. In recent years, GCU has added new areas of study that reflect employment trends. In May 2013, the university graduated its second class of nurses to earn their B.S.N. degrees through the GCU-Meridian Health School of Nursing. The university also saw significant endorsements and accreditations of graduate and undergraduate programs in applied behavior analysis (Behavior Analyst Certification Board), counseling (CACREP-The Council for Accreditation of Counseling & Related Educational Programs), nursing (Commission on Collegiate Nursing Education), and business (ACBSP re-accreditation by the Accreditation Council for Business Schools and Programs). Overall, GCU gives students an exceptional learning environment where they gain valuable experience in their disciplines before graduation. Students often work alongside faculty mentors in social work, biochemistry, neurobiology, autism studies, early childhood education, learning disabilities consulting, and school psychology. Those studying criminal justice, dance, exercise science, and business are equally as involved. Georgian Court University prepares students for life beyond the campus gates. By senior year, more than 60 percent of students have participated in some type of practicum, internship, field experience, co-op, or clinical assignment. In addition, nearly all students participate in community service or volunteer work by their senior year. In 2013, the university again was named to the President's Community Service Honor Roll. Beyond undergraduate and graduate education, Georgian Court extends educational opportunities to senior adults through the McAuley Institute for Lifelong Learning (MILL). The program, launched in 2009, has grown from two pilot courses to more than 50 classes that cover subjects ranging from Twitter 101, spirituality and creative writing, to the history of protest music in the United States and healthy lifestyle cooking and eating. Since its founding, MILL has registered more than 500 seniors, ages 50 and older, for non-credit, college-level courses taught by faculty. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2015868 | Expense |
| Description | STUDENT ATHLETES AT GCU - As a member of the Central Athletic Collegiate Conference, Georgian Court University fields 186 athletes in fourteen NCAA Division II sports, including basketball, cross country, lacrosse, soccer, softball, volleyball, tennis, and both indoor and outdoor track & field. The GCU athletics program is distinguished by its commitment to building well-rounded athletes who achieve on the field and in the classroom. In keeping with their peers nationally, GCU student-athletes cultivate leadership skills in their individual sports and in their classroom and community involvement. The teams are very active in the community, as well, and have raised money for the Susan B. Komen Walk for the Cure, cancer research, Make-a-Wish Foundation, and National Girls and Women in Sports Day. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 6388719 | Expense |
| Description | other expenditures to support the operation of offices dedicated to student service activities | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 42549306 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | true | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | true | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 116 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 868 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 33 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 33 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT KENNY | NamePerson |
| Telephone Number | 7329872416 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 LAKEWOOD AVENUE | AddressLine1 |
| City | LAKEWOOD | City |
| State | NJ | State |
| ZIP Code | 08701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (42 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Other CompensationOtherCompensation | Reportable Comp From OrganizationReportableCompFromOrganization | Highest Compensated EmployeeHighestCompensatedEmployee | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs |
|---|---|---|---|---|---|---|---|
| Raymond F Shea Jr Esq | |||||||
| Board Chair | 1.0 | X | |||||
| Lesa Lardieri-Wright | |||||||
| Board Vice Chair | 1.0 | X | |||||
| Tessa M Breslin | |||||||
| Board Member | 1.0 | X | |||||
| Francis G Coleman | |||||||
| Board Member | 1.0 | X | |||||
| Frank DeMiro CPA | |||||||
| Board Member | 1.0 | X | |||||
| Joseph G DiCorcia Esq | |||||||
| Board Member | 1.0 | X | |||||
| Elisabeth Fontenelli | |||||||
| Board Member | 1.0 | X | |||||
| Fiah Gussin | |||||||
| Board Member | 1.0 | X | |||||
| Patricia Smith Heanue | |||||||
| Board Member | 1.0 | X | |||||
| Reverend Paul A Holmes | |||||||
| Board Member | 1.0 | X | |||||
| James J Knipper | |||||||
| Board Member | 1.0 | X | |||||
| Patricia E Koch Esq | |||||||
| Trustee Emeritus | 1.0 | X | |||||
| Monsignor Casimir H Ladzinski | |||||||
| Board Member | 1.0 | X | |||||
| Eugenia E Lawson | |||||||
| Board Member | 1.0 | X | |||||
| John K Lloyd | |||||||
| Board Member | 1.0 | X | |||||
| Amelia A McTamaney | |||||||
| Board Member | 1.0 | X | |||||
| Mary Meehan PhD | |||||||
| Board Member | 1.0 | X | |||||
| Robert E Mulcahy III | |||||||
| Board Member | 1.0 | X | |||||
| Deirdre Mullan RSM PhD | |||||||
| Board Member | 1.0 | X | |||||
| Elizabeth Mulvihill | |||||||
| Board Member | 1.0 | X | |||||
| Edward Nadworny | |||||||
| Board Member | 1.0 | X | |||||
| Linda M Orlando | |||||||
| Board Member | 1.0 | X | |||||
| Mark N Ricca | |||||||
| Board Member | 1.0 | X | |||||
| Carol Rittner RSM DEd | |||||||
| Board Member | 1.0 | X | |||||
| John W Seazholtz | |||||||
| Board Member | 1.0 | X | |||||
| Judge Eugene D Serpentelli | |||||||
| Board Member | 1.0 | X | |||||
| Senator Robert W Singer | |||||||
| Board Member | 1.0 | X | |||||
| Peter R Strohm Esq | |||||||
| Board Member | 1.0 | X | |||||
| Thomas J Sykes AIA PP | |||||||
| Board Member | 1.0 | X | |||||
| Patricia Talone RSM PhD | |||||||
| Board Member | 1.0 | X | |||||
| Regina Ward RSM | |||||||
| Board Member | 1.0 | X | |||||
| M Deborah Hanley Williams | |||||||
| Board Member | 1.0 | X | |||||
| Rosemary E JeffriesRSMPhD | |||||||
| President - voting rights | 35.0 | X | 104278 | ||||
| Robert P Kenny | |||||||
| VP for Finance & Accounting | 35.0 | X | 11457 | 90887 | |||
| Lisa Kuhnle-Biagas | |||||||
| Spec Asst to Pres of Strt Intv | 35.0 | X | 5428 | 104425 | |||
| Evelyn Saul Quinn | |||||||
| Provost | 35.0 | X | 26439 | 165152 | |||
| John McAuliffe | |||||||
| VP for Enrollment Management | 35.0 | X | 25840 | 122206 | |||
| Mary Lee Batesko | |||||||
| Professor of Education | 35.0 | 12992 | 114441 | X | |||
| Michael Gross | |||||||
| Assoc Provost for Acd Prog Dev | 35.0 | 13013 | 128884 | X | |||
| James Carroll | |||||||
| Professor of Business Admin | 35.0 | 5598 | 110666 | X | |||
| Linda James | |||||||
| Professor of Psychology | 35.0 | 13289 | 110918 | X | |||
| Maureen Ryan-Hoffman | |||||||
| Controller | 35.0 | 24909 | 109141 | X | 0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1056720 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 243243 | TotalOtherCompensation |
| Number Individuals GT100 K | 14 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Ellucian Company LP | |||||
| 4 COUNTRY VIEW ROAD | MALVERN | PA | 19355 | Mgmt Fee-IT Srvcs | 1470748 |
| Ruffalo Cody | |||||
| 65 KIRKWOOD N ROAD SW | CEDAR RAPIDS | IA | 52405 | Admissions Consult | 368871 |
| COGNITIVE MARKETING INC | |||||
| 46 prince street | ROCHESTER | NY | 14607 | Adm Cons/rebranding | 324348 |
| FHEG | |||||
| 3146 SOLUTIONS CENTER | CHICAGO | IL | 606773001 | Bookstore | 265728 |
| COLLEGIATE ENTERPRISE SOLUTIONS LLC | |||||
| 3 CENTENNIAL DRIVE | PEABODY | MA | 01960 | Consultants | 195600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| Fundraising Events | 158132 | FundraisingEvents |
| Government Grants | 658408 | GovernmentGrants |
| All Other Contributions | 1292077 | AllOtherContributions |
| Noncash Contributions | 131276 | NoncashContributions |
| Total Contributions | 2108617 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| TUITION AND FEES | 900099 | 45255016 | 45255016 | |
| RESIDENCE HALLS AND DINING SERVICES | 900099 | 3469657 | 3469657 | |
| BOOKSTORE COMMISSION | 900099 | 128185 | $128,185 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 48852858 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 986740 | TotalRevenueColumn |
| Unrelated Business Revenue | 2725 | UnrelatedBusinessRevenue |
| Exclusion | $984,015 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 135578 | Real |
| Personal | 29448 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 135578 | Real |
| Personal | 29448 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 165026 | TotalRevenueColumn |
| Unrelated Business Revenue | 165026 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 27014956 | Securities |
| Other | 46600 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 26263106 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 751850 | Securities |
| Other | 46600 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 798450 | TotalRevenueColumn |
| Exclusion | $798,450 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 94560 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 158132 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 101590 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -7030 | TotalRevenueColumn |
| Exclusion | -$7,030 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 19300 | GrossIncomeGaming |
| Gaming Direct Expenses | 9650 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9650 | TotalRevenueColumn |
| Exclusion | $9,650 | ExclusionAmount |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|---|
| OTHER STUDENT ACTIVITIES/MISCELLANEOUS | 900099 | 358492 | 358492 | ||
| INSURANCE REIMBURSEMENT-HURRICANES | 900099 | 880753 | $880,753 | ||
| CATERING | 900099 | 149776 | 149776 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1389021 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 54303332 | TotalRevenueColumn |
| Related Or Exempt Function Income | 49083165 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 317527 | UnrelatedBusinessRevenue |
| Exclusion | $2,794,023 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11877145 | Total |
| Program Services | 11877145 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72165 | Total |
| Program Services | 72165 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 551835 | Total |
| Program Services | 191591 | ProgramServices |
| Management And General | 360244 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17928606 | Total |
| Program Services | 13894114 | ProgramServices |
| Management And General | 3261238 | ManagementAndGeneral |
| Fundraising | 773254 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 761684 | Total |
| Program Services | 523945 | ProgramServices |
| Management And General | 208173 | ManagementAndGeneral |
| Fundraising | 29566 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2384122 | Total |
| Program Services | 1694164 | ProgramServices |
| Management And General | 614474 | ManagementAndGeneral |
| Fundraising | 75484 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1551284 | Total |
| Program Services | 1186731 | ProgramServices |
| Management And General | 303187 | ManagementAndGeneral |
| Fundraising | 61366 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58254 | Total |
| Program Services | 58254 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9686 | Total |
| Management And General | 9686 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125650 | Total |
| Management And General | 125650 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45620 | Total |
| Management And General | 45620 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200016 | Total |
| Management And General | 200016 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35800 | Total |
| Program Services | 35800 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1170595 | Total |
| Program Services | 235279 | ProgramServices |
| Management And General | 929757 | ManagementAndGeneral |
| Fundraising | 5559 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1056557 | Total |
| Program Services | 866848 | ProgramServices |
| Management And General | 132265 | ManagementAndGeneral |
| Fundraising | 57444 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2466740 | Total |
| Program Services | 2320361 | ProgramServices |
| Management And General | 70623 | ManagementAndGeneral |
| Fundraising | 75756 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1570464 | Total |
| Program Services | 379641 | ProgramServices |
| Management And General | 1190573 | ManagementAndGeneral |
| Fundraising | 250 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 344919 | Total |
| Program Services | 319627 | ProgramServices |
| Management And General | 16862 | ManagementAndGeneral |
| Fundraising | 8430 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 137242 | Total |
| Program Services | 94374 | ProgramServices |
| Management And General | 39309 | ManagementAndGeneral |
| Fundraising | 3559 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1663413 | Total |
| Program Services | 1456473 | ProgramServices |
| Management And General | 206940 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3152133 | Total |
| Program Services | 2332950 | ProgramServices |
| Management And General | 787790 | ManagementAndGeneral |
| Fundraising | 31393 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 803655 | Total |
| Program Services | 74655 | ProgramServices |
| Management And General | 729000 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| DINING HALL | 1446612 | 1446612 | ||
| SPECIAL EVENTS | 237205 | 237205 | ||
| PROFESSIONAL SERVICES | 434952 | 314267 | 39194 | 81491 |
| EQUIP REPAIRS & MAINTENANCE | 174053 | 51401 | 1260 | 121392 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4047601 | Total |
| Program Services | 3122909 | ProgramServices |
| Management And General | 781233 | ManagementAndGeneral |
| Fundraising | 143459 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54308008 | Total |
| Program Services | 42549306 | ProgramServices |
| Management And General | 10215523 | ManagementAndGeneral |
| Fundraising | 1543179 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5747334 | BOY |
| EOY | 7272928 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1397282 | BOY |
| EOY | 584368 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2204058 | BOY |
| EOY | 1832884 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18727 | BOY |
| EOY | 18389 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3772 | BOY |
| EOY | 4125 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 127595 | BOY |
| EOY | 327372 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 98614771 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 36700946 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64035341 | BOY |
| EOY | 61913825 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35713366 | BOY |
| EOY | 37832899 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10443206 | BOY |
| EOY | 11450388 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1376621 | BOY |
| EOY | 2222450 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121067302 | BOY |
| EOY | 123459628 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4352806 | BOY |
| EOY | 4395876 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133484 | BOY |
| EOY | 132244 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1254815 | BOY |
| EOY | 991050 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28846268 | BOY |
| EOY | 27821131 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1078623 | BOY |
| EOY | 972768 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1305259 | BOY |
| EOY | 1037828 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36971255 | BOY |
| EOY | 35350897 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65670261 | BOY |
| EOY | 68051213 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6239843 | BOY |
| EOY | 7727604 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12185943 | BOY |
| EOY | 12329914 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84096047 | BOY |
| EOY | 88108731 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121067302 | BOY |
| EOY | 123459628 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -4676 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 3968053 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 49307 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | true | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $2,027 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $43,592 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 45619 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule C, Part II-B, Line 1 | Identifier |
| Explanation | The University engaged Winning Strategies Washington to undertake lobbying and grant-writing assistance on its behalf. The total fees pursuant to this contract for the year ended June 30, 2013 were $3,000. The firm expended 10% of effort on lobbying, $300, and 90% on grant-writing assistance, $2,700. The university also contracted with MWW Group and Komjathy & Stewart, LLC to undertake lobbying activities on its behalf. The fees for the year ended June 30, 2013 were $41,292 and $2,000, respectively. Additionally, the University is a member in the following associations: Association of Independent Colleges and Universities in New Jersey NACUBO EACUBO The Council of Independent Colleges A percentage of the University's membership dues are deemed to be expended for lobbying activities. For the year ended June 30, 2013, the lobbying amount was $2,027. University personnel and students, during the course of various activities throughout the year, meet with legislators to discuss education related topics. The amount of time spent is not material. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Historic Land Area | X | HistoricLandArea |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Total Acreage | 1.99 | TotalAcreage |
| Nmbr Hist Struct Easements | 1 | NmbrHistStructEasements |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 43085315 | BeginningOfYearBalance |
| Contributions | 105194 | Contributions |
| Investment Earnings Or Losses | 5738609 | InvestmentEarningsOrLosses |
| Other Expenditures | 1721049 | OtherExpenditures |
| End Of Year Balance | 47208069 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 44363193 | BeginningOfYearBalance |
| Contributions | 186376 | Contributions |
| Investment Earnings Or Losses | 207094 | InvestmentEarningsOrLosses |
| Other Expenditures | 1671348 | OtherExpenditures |
| End Of Year Balance | 43085315 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 37753402 | BeginningOfYearBalance |
| Contributions | 145999 | Contributions |
| Investment Earnings Or Losses | 7873124 | InvestmentEarningsOrLosses |
| Other Expenditures | 1409332 | OtherExpenditures |
| End Of Year Balance | 44363193 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 33429111 | BeginningOfYearBalance |
| Contributions | 81117 | Contributions |
| Investment Earnings Or Losses | 6229294 | InvestmentEarningsOrLosses |
| Other Expenditures | 1986120 | OtherExpenditures |
| End Of Year Balance | 37753402 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 35278684 | BeginningOfYearBalance |
| Contributions | 5867869 | Contributions |
| Investment Earnings Or Losses | -7501721 | InvestmentEarningsOrLosses |
| Other Expenditures | 215721 | OtherExpenditures |
| End Of Year Balance | 33429111 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.62300 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.26100 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.11600 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 4543047 | OtherCostOrOtherBasis |
| Book Value | 4543047 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 74673883 | OtherCostOrOtherBasis |
| Depreciation | 20608218 | Depreciation |
| Book Value | 54065665 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 16232856 | OtherCostOrOtherBasis |
| Depreciation | 13101606 | Depreciation |
| Book Value | 3131250 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 3164985 | OtherCostOrOtherBasis |
| Depreciation | 2991122 | Depreciation |
| Book Value | 173863 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 61913825 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| HEDGE FUNDS | 3729981 |
| INVESTMENTS HELD BY TRUSTEE | 2711143 |
| PRIVATE EQUITY FUNDS | 1430558 |
| STRUCTURED CREDIT FUNDS | 2047312 |
| SPECIAL SITUATIONS FUNDS | 1531394 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 11450388 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| OTHER LIABILITIES | $140,871 |
| CONDITIONAL ASSET RETIREMENT OBLIG | $839,104 |
| ANNUITY PAYMENT LIABILITY | $57,853 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1037828 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 46371382 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 3968053 | NetUnrealizedGainsInvestments |
| Other Revenues | -11900003 | OtherRevenues |
| Revenue Not Rptd F990 | -7931950 | RevenueNotRptdF990 |
| Revenue Subtotal | 54303332 | RevenueSubtotal |
| Total Revenue Per Form990 | 54303332 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 42358698 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 42358698 | ExpensesSubtotal |
| Other Expenses Not Included | 11949310 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 11949310 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 54308008 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ENDOWMENT FUNDS | FORM 990, SCHEDULE D, PART V, LINE 4 | The University has adopted an investment policy that is intended to provide a predictable stream of funding to programs from its endowment while seeking to maintain the purchasing power of the endowment assets. Endowment assets include those assets of donor-restricted funds that the University must hold in perpetuity as well as board-designated funds. 1. Donor-restricted endowment funds are established by donor-restricted gifts and recorded as permanently restricted within the University financial statements. The amount of each individual fund is comprised of the original gift, subsequent gifts if they were to be added to the permanent endowment and accumulations if directed by the donor's gift documents. These funds must be retained in accordance with the explicit donor stipulations. 2. Earnings on these endowed funds are regarded as "net appreciation" and classified as temporarily restricted net assets. These amounts are appropriated for expenditure consistent with the donor guidelines. Donor funded scholarships are awarded annually, in accordance with donor stipulated guidelines and are a component of the University's financial aid budget. 3. Board designated funds, quasi-endowment, functioning as endowments are made up of a debt fund, intended to offset future debt borrowings; a plant fund, intended to supplement operational expenses related to facilities' needs such as deferred maintenance or capital items; and a special projects fund with the ability to react to the changing needs and demands of the higher education environment. |
| INCOME TAXES | FORM 990, SCHEDULE D, PART X, LINE 2 | The University is exempt from federal income taxation by virtue of being an organization described in Section 501(c)(3) of the Internal Revenue Code (the "Code"). Nevertheless, the University may be subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The tax years ended June 30, 2010, 2011, 2012 and 2013 are still open to audit for federal purposes. The University follows appropriate guidance which prescribes a model for the recognition and measurement of a tax position taken or expected to be taken in a tax return, and provides guidance on recognition, classification, interest and penalties, disclosure and transition. At June 30, 2013 and 2012, the University does not believe its financial statements include any material uncertain tax positions. |
| RECONCILIATION OF REVENUE | FORM 990, SCHEDULE D, PART XI, LINE 2D | SCHOLARSHIP EXPENSE (RECLASS) $(11,949,310) Split Interest Agreements/Life Ins Surrender Value 49,307 ------------- $(11,900,003) ------------- |
| RECONCILIATION OF EXPENSES | FORM 990, SCHEDULE D, PART XII, LINE 4B | SCHOLARSHIP EXPENSE (RECLASS) $11,949,310 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Nondiscrimination Policy | Schedule E, Part I, Line 3 | The university's notice of nondiscrimination policy is printed on all brochures, web pages, and publications that advertise GCU programs and admissions standards. |
| Financial Aid or Assistance from a Governmental Agency | Schedule E, Part I, Line 6a | U.S. Department of Education: Student Financial Assistance Cluster - Federal Pell Grant Program Federal Supplemental Educational Opportunity Grant Federal Work Study Program Federal Direct Student Loans Teacher Education Assistance for College and Higher Education Grants (TEACH Grants) Other U.S. Department of Education Aid - Trio Student Support Services NJ Sea Grant-Rain Garden College Access Challenge-Grant Dual Enrollment College Access Challenge-Grant Tools for College Success New Jersey Department of Education: Student Financial Aid Cluster - Tuition Aid Grant Gear Up Grant Distinguished Scholarship Program Urban Scholarship Program NJ STARS Program Garden State Other NJ Department of Education Assistance - Education Opportunity Fund-Grant Education Opportunity Fund-Article IV Tristate & Student Leadership Special Project Education Opportunity Fund-Summer New Jersey Department of Health and Human Services: Vocational Rehabilitation Direct Services New Jersey Commission for the Blind Non-Cash Awards: NJEFA-Dormitory Safety Trust Fund, Series 2001A -Interest Subsidy NJEFA-Dormitory Safety Trust Fund, Series 2003A -Interest Subsidy |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF 2012 | NameOfEvent1 |
| Gross Receipts Event1 | 146695 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 89675 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 57020 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 62225 | OtherDirectExpensesEvent1 |
| Name Of Event2 | GOLF 2013 | NameOfEvent2 |
| Gross Receipts Event2 | 105997 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 68457 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 37540 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 39365 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 252692 | GrossReceiptsTotal |
| Charitable Contributions Total | 158132 | CharitableContributionsTotal |
| Gross Revenue Total Events | 94560 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 101590 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 101590 | DirectExpenseSummaryEvents |
| Net Income Summary | -7030 | NetIncomeSummary |
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | 19300 | GrossRevenueOtherGaming |
| Cash Prizes Other Gaming | 9650 | CashPrizesOtherGaming |
| Gross Revenue Total Gaming | 19300 | GrossRevenueTotalGaming |
| Cash Prizes Total Gaming | 9650 | CashPrizesTotalGaming |
| Direct Expense Summary Gaming | 9650 | DirectExpenseSummaryGaming |
| Net Gaming Income Summary | 9650 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | NJ | StatesWhereGamingConducted |
| Licensed | true | Licensed |
| License Suspended Etc | false | LicenseSuspendedEtc |
| Gaming With Nonmembers | false | GamingWithNonmembers |
| Member Of Other Entity | false | MemberOfOtherEntity |
| Percentage Of Gaming Own Facility | 0.00000 | PercentageOfGamingOwnFacility |
| Percentage Of Gaming Othr Facility | 1.00000 | PercentageOfGamingOthrFacility |
| Name Of Gaming Rec Keeper Person | Mary Ann Artz | NameOfGamingRecKeeperPerson |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 LAKEWOOD AVENUE | AddressLine1 |
| City | LAKEWOOD | City |
| State | NJ | State |
| ZIP Code | 08701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | false | ContractWith3rdPartyForGamRev |
| Gaming Manager Name Person | Mary Ann Artz | GamingManagerNamePerson |
| Gaming Manager Compensation | 0 | GamingManagerCompensation |
| Gaming Manager Services Provided | Managed raffle as part of event fundraising | GamingManagerServicesProvided |
| Gaming Manager Is Employee | X | GamingManagerIsEmployee |
| Charitable Distrib Required | true | CharitableDistribRequired |
| Amount Distributed | 9650 | AmountDistributed |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (6 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| INSTITUTIONAL GRANT AID | 1413 | 7525529 |
| TRANSFER SCHOLARSHIPS | 303 | 1828950 |
| ATHLETIC GRANTS | 113 | 970005 |
| NURSING SCHOLARSHIPS | 101 | 740625 |
| RELIGIOUS GRANTS & DISCOUNTS | 36 | 323235 |
| ENDOWED GRANTS | 178 | 560966 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITORING OF FUNDS | Identifier |
| Return Reference | PART I, LINE 2 | ReturnReference |
| Explanation | The University grants listed on Schedule I represent scholarships offered to students who matriculate at the University. As such, no monitoring of the grant funds are required because the student may only use the scholarship funds to defray the cost of tuition. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Evelyn Saul Quinn | NamePerson |
| Title | Provost | Title |
| Base Compensation Filing Org | 156890 | BaseCompensationFilingOrg |
| Other Compensation Filing Org | 8262 | OtherCompensationFilingOrg |
| Deferred Comp Filing Org | 8262 | DeferredCompFilingOrg |
| Nontaxable Benefits Filing Org | 18177 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 191591 | TotalCompensationFilingOrg |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Compensation | Identifier |
| Return Reference | Form 990, Schedule J, Line 1 | ReturnReference |
| Explanation | Housing allowance or residence for personal use and personal services: The President is provided use of a University residence building. The costs are included in other compensation and considered part of the costs customary with said position in order to carry out various job functions. Related personal services such as maintenance and housekeeping on the entire facility are performed by the University. Residency was also provided to an interim Chief Financial Officer and an interim Dean of Arts and Sciences, who were personnel hired through an agency and provided the benefit due to out-of-state residency. An incoming Vice President for Finance and Administration and a Registrar were given housing on a temporary basis during their relocation. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 2007 | ||||||||
| A | 221829511 | 646065KQ4 | 2007-07-19 | 27196077 | Advance Refunding & Construction | false | false | false |
| NEW JERSEY EDUCATIONAL FACILITIES AUTH 2004A2006A | ||||||||
| B | 221829511 | 64605LFQ6 | 2004-04-14 | 2702688 | Financing Capital Improv (See Part | false | false | true |
| NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 2007 | ||||||||
| C | 221829511 | 2007-09-28 | 1050000 | Purchase Property | false | false | false | |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 29252014 | 1738347 | 0 | 13468490 | 443446 | 0 | 0 | 11457843 | 0 | 0 | false | true | true | true |
| B | 0 | 0 | 2702698 | 0 | 0 | 0 | 39988 | 0 | 0 | 2666270 | 0 | 0 | false | false | true | true |
| C | 0 | 0 | 1050000 | 0 | 0 | 0 | 0 | 0 | 0 | 1050000 | 0 | 0 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Engage Bond Counsel ContractsEngageBondCounselContracts | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Remedial Action TakenRemedialActionTaken | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | true | true | false | 0.00000 | 0.00000 | 0.00000 | false | false | false | true |
| B | false | false | false | false | 0.00000 | 0.00000 | 0.00000 | false | false | false | true | |
| C | false | false | false | false | 0.00000 | 0.00000 | 0.00000 | false | false | false | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|---|---|
| 0 | |||||||||
| A | false | true | false | false | false | 0 | true | true | |
| 0 | |||||||||
| B | false | true | false | false | false | 0 | false | true | |
| 0 | |||||||||
| C | false | false | false | false | 0 | false | true | true | |
Form990 Schedule K Part V Form990ScheduleKPartV (3 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | true |
| B | true |
| C | true |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule K, Part I | Identifier |
| Return Reference | 0 | ReturnReference |
| Explanation | New Jersey Educational Facilities Authority, Project Revenue Bonds, 2007 Series H, date issued 9/28/2007: These bonds were issued by the New Jersey educational facilities authority pursuant to a New Jersey state program to finance capital improvements at institutions of higher education in New Jersey. The bonds were sold based on the credit of the state of New Jersey in the aggregate principal amount of $76,725,000. This amount was allocated to both public and private institutions. A form 8038 was filed for the portion of the issue allocated to the private institutions and a separate form 8038-g was filed for the portion allocated to public institutions. Georgian Court received an amount of $2,635,641 which represents 23.189% of the total amount allocated to private institutions. The 23.189% was applied to the amounts shown on the form 8038 for the private institutions as issue price, costs of issuance and non-refunding proceeds to obtain the portion of these amounts allocable to Georgian Court. The other information provided on schedule k about these bonds relates to the portion of the issue allocated to Georgian Court and not to the amount of the issue in the aggregate. New Jersey Educational Facilities Authority Capital Improvement Fund, 2004 A & 2006 A: On October 26, 2006, the New Jersey educational facilities authority issued its capital improvement fund bonds, 2006A to refund part of the capital improvement fund 2004A bonds and part of several other issues of capital improvement bonds. Debt service on the 2004A bonds was adjusted to take account of the debt service savings that resulted from the refunding. The cusip number and date of issue shown on part i of schedule k and other information provided about these bonds on schedule k relate to the 2004A bonds. | Explanation |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 16276 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | cost or sale price | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial |
Real Estate Other RealEstateOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 115000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part I, Line 32a | Identifier |
| Return Reference | Hire or Use Third Parties | ReturnReference |
| Explanation | TO THE EXTENT THAT THE UNIVERSITY RECEIVES DONATIONS OF SECURITIES, ITS INVESTMENT BROKER/MANAGER IS TASKED WITH SELLING THOSE SECURITIES. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7 | In April 2006, the Sisters of Mercy of the Regional Community of New Jersey transferred the sponsorship of Georgian Court to the Conference for Mercy Higher Education ("CMHE"). CMHE coordinates collaboration among the 16 Mercy colleges and universities throughout the country on behalf of the Institute of the Sisters of Mercy of the Americas. Georgian Court University has a two-tiered governance structure, the first tier consisting of CMHE (as the University's sole member) and the second being the duly elected Board of Trustees, which includes the President of the University as an ex-officio member. Control of the University and its affairs and property is vested in the Board of Trustees pursuant to the University's By-Laws, subject to the powers reserved to CMHE, including among others, the power to establish the philosophy and mission of the University, elect or remove with or without cause the University president and members of the Board of Trustees, approve expenditures that are in excess of a level requiring approval of the Holy See and merge, consolidate, dissolve, or change the corporate structure of the University. Except to the extent reserved to CMHE, the Board of Trustees is empowered to manage the property and business of the University, including within such authority, the power to delegate such responsibilities and duties to the officers of Georgian Court University as the Board of Trustees deems appropriate. |
| FORM 990, PART VI, SECTION A, LINE 10 | The University's Form 990 was prepared by an international public accounting firm in conjunction with the University's financial department. A draft is prepared and distributed to the full audit committee for review. The audit committee recommends and approves for release the form 990. The form 990 is distributed to the full board. |
| FORM 990, PART VI, SECTION B, LINE 12 | Each trustee, officer, and key employee of the University is required to annually disclose any conflicts of interest that arise by virtue of their employment, board service, or position with the University. The University monitors compliance with its conflict of interest policy through a conflict of interest statement that is completed by each board member at the annual June meeting. These are reviewed by the Executive Committee of the Board. In addition to the board members, the executive level, all Finance staff, the Purchasing Director, as well as anyone in positions identified by function to have possible influence with contract or financial transactions or systems within the University, complete the questionnaire annually. These are reviewed by the Chief Financial Officer and Director of Human Resources. Any disclosed relationships are communicated to the Controller for the purpose of audit, internal controls and completing the form 990. Potential conflicts are investigated immediately. |
| FORM 990, PART VI, SECTION B, LINE 15 | The University undertakes a thorough process to ensure that the executive compensation it pays to its top management official and all of its officers and key employees of organization is reasonable given the market in which the University operates. CEO Compensation: The Executive Committee of the Board, reviews the compensation package of the President annually at its June meeting. Compensation level is decided upon utilizing comparative data received from the Human Resource Department. Officer positions are assigned a salary range established by a compensation study done by an outside firm and the Executive Committee of the Board also reviews the compensation for these employees who are considered highest-paid employees. The officers reside on the President's Administrative Team, categorized as the executive level of the University. |
| FORM 990, PART VI, SECTION C, LINE 19 | Governing documents, conflict of interest policy and financial statements are available upon request. Financial statements are listed with bond reporting agencies. |
| FORM 990, Part VII | President, Sister Rosemary Jeffries is represented as having received no compensation from the University because the Order she represents receives all compensation she would otherwise be paid. The Sisters of Mercy fulfill various roles within the University. Some positions, which would otherwise be filled with lay persons, are assigned a value for compensation and payments for these services are made to the Sisters of Mercy. The payments made for the calendar year 2012 totaled $751,687 and the compensation for this position is included in this figure. This compensation is not treated as taxable income to the Sisters since they are members of a religious Order. Therefore, Sister Rosemary Jeffries is still deemed to be an independent member of the governing body for purposes of Part VI of the Form 990. |
| FORM 990, PART XI, LINE 9 | Split Interest Agreements/Life Ins Surrender Value $49,307 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONFERENCE FOR MERCY HIGHER EDUCATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8630 FENTON STREET 934 | AddressLine1 |
| City | SILVER SPRING | City |
| State | MD | State |
| ZIP Code | 20190 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431973007 | EIN |
| Primary Activities | Sponsorship | PrimaryActivities |
| Legal Domicile State | MD | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | 1 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |