UNIVERSITY OF ST FRANCIS: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF ST FRANCIS (EIN 36-2170999)
- Tax period
- 2011-06-01 to 2012-05-31
- Filed
- 2013-04-12
- IRS object ID
- 201331039349300508
- Schema version
- 2011v1.5
- 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 D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-04-12T17:44:54-05:00 | Timestamp |
| Tax Period End Date | 2012-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 S WACKER DRIVE STE 800 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362170999 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | University of St Francis | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIV | NameControl |
| Phone | 8157403372 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 Wilcox Street | AddressLine1 |
| City | Joliet | City |
| State | IL | State |
| ZIP Code | 604356188 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Elizabeth Laken | Name |
| Title | Chief Financial Officer | Title |
| Phone | 8157403372 | Phone |
| Date Signed | 2013-04-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Zack Fortsch | Name |
| PTIN | P00052725 | PTIN |
| Phone | 3126343400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Michael Vinciguerra | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 Wilcox Street | AddressLine1 |
| City | Joliet | City |
| State | IL | State |
| ZIP Code | 604356188 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 81499291 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Group Exemption Number | 0928 | GroupExemptionNumber |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.StFrancis.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1920 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | Higher Learning (Post Secondary Education) | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1290 | TotalNbrEmployees |
| Total Nbr Volunteers | 25 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2892121 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1657459 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 52803786 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 55619214 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 725049 | InvestmentIncomePriorYear |
| Investment Income Current Year | 258554 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 972535 | OtherRevenuePriorYear |
| Other Revenue Current Year | 861294 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 57393491 | TotalRevenuePriorYear |
| Total Revenue Current Year | 58396521 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 15619026 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 16441381 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 25308202 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 26170752 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 650566 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 14458356 | OtherExpensePriorYear |
| Other Expenses Current Year | 14086237 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 55385584 | TotalExpensesPriorYear |
| Total Expenses Current Year | 56698370 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2007907 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1698151 | RevenuesLessExpensesCY |
| Total Assets BOY | 68945741 | TotalAssetsBOY |
| Total Assets EOY | 68133637 | TotalAssetsEOY |
| Total Liabilities BOY | 40048893 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 39580743 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 28896848 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 28552894 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | As a Catholic university rooted in the liberal arts, we are a welcoming community of learners challenged by Franciscan values and charism, engaged in a continuous pursuit of knowledge, faith, wisdom, and justice, and ever mindful of a tradition that emphasizes reverence for creation, compassion and peacemaking. We strive for academic excellence in all programs, preparing women and men to contribute to the world through service and leadership. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 39577306 | Expense |
| Grants | 16441381 | Grants |
| Revenue | 52708568 | Revenue |
| Description | Instruction: The Catholic, Franciscan university offers 41 baccalaureate programs including 4 degree completion majors, 18 master's level programs (onsite and online classes), 10 graduate certificates, and 2 doctoral programs. In FY 2012, the University served 1822 degree seeking undergraduate students and 1499 post- baccalaureate degree seeking students. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5011843 | Expense |
| Revenue | 45646 | Revenue |
| Description | Student Services: Financial Aid, Athletics, Student Government Association, career planning and placement, health services, counseling, support for students with disabilities, and Campus Ministry Services. In FY2012, 92% of traditional undergraduate students and 100% of incoming freshmen received some form of financial aid. 375 student athletes participated in baseball, basketball, football, golf, soccer, softball, cheerleading, tennis, volleyball, track, and cross country. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3087261 | Expense |
| Revenue | 2910646 | Revenue |
| Description | Auxiliary Enterprises: Student housing, food services, the campus print shop, mail services, and bookstore are included in auxiliary services. 346 students filled student housing to 86% capacity in 2012. Expanded menus and services were provided this year. Food services are provided to students faculty and staff 16 hours per day. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3784968 | Expense |
| Description | Academic Support: Library Resources and Services, Academic Resource Center, Student Computer Labs, Fine Arts, Performance Series and the Art Galleries are included in this category. The library's collection included 135,000 books and other paper documents, 15,250 current serial subscriptions, 1,767 microforms, and 4,788 audiovisual materials. As resources move away from printed materials the industry is moving towards electronic resources and subscriptions. The resources at the library assist students in all methods of research. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 3784968 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 51461378 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 162 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1290 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Elizabeth Laken | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8157403372 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 Wilcox Street | AddressLine1 |
| City | Joliet | City |
| State | IL | State |
| ZIP Code | 60534 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| JD Ross | |||||||
| Chairman of the Board of Trustees | 8.00 | X | X | 0 | 0 | 0 | |
| Kathleen J McGowan | |||||||
| Vice Chair of the Board of Trustees | 8.00 | X | X | 0 | 0 | 0 | |
| Robert J Baron | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Mark D Bass | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Susan Bruno OSF | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Jacqueline Edmonson | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Robert F Filotto | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Chrystel Gavlin | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Marisue Grabavoy | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Margaret Eletta Guider OSF | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Diane F Habiger | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Rao H Kilaru MD | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Jean Lenz OSF | |||||||
| Trustee (passed away 1/21/12) | 8.00 | X | 0 | 0 | 0 | ||
| James B Lewis O Carm | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Mary Rose Lieb OSF | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| John T Manner | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Paramjit Singh Sidhu | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| M Therese Southgate MD | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Michael G Spinozzi | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Cheryl Stepney | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Faith Szambelanczyk OSF | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Frank Turk Jr | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Christopher J Ward | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| J Bradley Webb | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Patricia S Wheeler | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Lawrence A Wyllie | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Robert W Wysocki | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Mary Jo Young OSF | |||||||
| Trustee | 8.00 | X | 0 | 0 | 0 | ||
| Michael Vinciguerra | |||||||
| University President/Secretary | 40.00 | X | 218274 | 0 | 31055 | ||
| Robert Tenutaresigned 11411 | |||||||
| VP for Admin. & Finance/Treasurer | 40.00 | X | 113707 | 0 | 15667 | ||
| Elizabeth Laken began 32612 | |||||||
| VP for Admin. & Finance/Treasurer | 40.00 | X | 0 | 0 | 0 | ||
| Frank Pascoe | |||||||
| Provost | 40.00 | 139335 | 0 | 25407 | X | ||
| Lyle Hicks | |||||||
| Assoc. Professor Liason US | 40.00 | 129667 | 0 | 19642 | X | ||
| Laura Grimes | |||||||
| Director of Physician Assistant Prgm. | 40.00 | 113191 | 0 | 17809 | X | ||
| Anthony Zordan | |||||||
| Professor of Accounting | 40.00 | 129374 | 0 | 13280 | X | ||
| Carol J Wilson PhD | |||||||
| Dean of the College of Nursing | 40.00 | 120576 | 0 | 13213 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 964124 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 136073 | TotalOtherCompensation |
| Number Individuals GT100 K | 17 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Sodexo Inc & Affiliates | |||||
| 500 Wilcox Street | Joliet | IL | 604356169 | Food Management Services | 1424695 |
| RICOH USA Inc | |||||
| PO Box 534777 | Atlanta | GA | 30353 | IT Services | 322817 |
| CDW Government Inc | |||||
| 75 Remittance Drive Dept 1515 | Chicago | IL | 606751515 | IT Services | 294653 |
| Prime Time Marketing | |||||
| 505 N LaSalle Street Ste 550 | Chicago | IL | 606547542 | Marketing Services | 271025 |
| Midwest Media Group Inc | |||||
| 316 North Milwaukee Street | Milwaukee | WI | 53202 | Audio/Visual | 198230 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 26 | NumberOfContractorsGT100K |
| Fundraising Events | 143458 | FundraisingEvents |
| Government Grants | 679158 | GovernmentGrants |
| All Other Contributions | 834843 | AllOtherContributions |
| Noncash Contributions | 25126 | NoncashContributions |
| Total Contributions | 1657459 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition and Fees | 611710 | 52708568 | 52708568 |
| Residence Hall Revenue | 611710 | 2910646 | 2910646 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 55619214 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 339806 | TotalRevenueColumn |
| Exclusion | $339,806 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 190593 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 190593 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 190593 | TotalRevenueColumn |
| Exclusion | $190,593 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 22861190 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 22942442 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -81252 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -81252 | TotalRevenueColumn |
| Exclusion | -$81,252 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 160328 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 143458 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 160328 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| Training/Workshops | 900099 | 258530 | $258,530 | |
| Bookstore Revenue | 900099 | 100095 | $100,095 | |
| Athletic Camps | 713940 | 45646 | 45646 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 266430 | TotalRevenueColumn |
| Exclusion | $266,430 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 670701 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 58396521 | TotalRevenueColumn |
| Related Or Exempt Function Income | 55664860 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,074,202 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16441381 | Total |
| Program Services | 16441381 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 378703 | Total |
| Program Services | 330648 | ProgramServices |
| Management And General | 41493 | ManagementAndGeneral |
| Fundraising | 6562 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20674538 | Total |
| Program Services | 18051086 | ProgramServices |
| Management And General | 2265215 | ManagementAndGeneral |
| Fundraising | 358237 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1090060 | Total |
| Program Services | 909126 | ProgramServices |
| Management And General | 159994 | ManagementAndGeneral |
| Fundraising | 20940 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2558160 | Total |
| Program Services | 2097702 | ProgramServices |
| Management And General | 413197 | ManagementAndGeneral |
| Fundraising | 47261 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1469291 | Total |
| Program Services | 1306621 | ProgramServices |
| Management And General | 135603 | ManagementAndGeneral |
| Fundraising | 27067 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16696 | Total |
| Management And General | 16696 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 150933 | Total |
| Management And General | 150933 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40162 | Total |
| Management And General | 40162 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2178647 | Total |
| Program Services | 1845214 | ProgramServices |
| Management And General | 288782 | ManagementAndGeneral |
| Fundraising | 44651 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 403251 | Total |
| Program Services | 193399 | ProgramServices |
| Management And General | 209074 | ManagementAndGeneral |
| Fundraising | 778 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3231151 | Total |
| Program Services | 2941559 | ProgramServices |
| Management And General | 208918 | ManagementAndGeneral |
| Fundraising | 80674 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 965560 | Total |
| Program Services | 751456 | ProgramServices |
| Management And General | 210547 | ManagementAndGeneral |
| Fundraising | 3557 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 554958 | Total |
| Program Services | 539382 | ProgramServices |
| Management And General | 9302 | ManagementAndGeneral |
| Fundraising | 6274 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85731 | Total |
| Program Services | 78687 | ProgramServices |
| Management And General | 4136 | ManagementAndGeneral |
| Fundraising | 2908 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 930740 | Total |
| Program Services | 923195 | ProgramServices |
| Management And General | 7545 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2316397 | Total |
| Program Services | 2312913 | ProgramServices |
| Management And General | 3484 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 321332 | Total |
| Program Services | 259256 | ProgramServices |
| Management And General | 53208 | ManagementAndGeneral |
| Fundraising | 8868 | Fundraising |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Licensing | Description |
| Total | 303986 | Total |
| Program Services | 222267 | ProgramServices |
| Management And General | 68131 | ManagementAndGeneral |
| Fundraising | 13588 | Fundraising |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2586693 | Total |
| Program Services | 2257486 | ProgramServices |
| Management And General | 300006 | ManagementAndGeneral |
| Fundraising | 29201 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56698370 | Total |
| Program Services | 51461378 | ProgramServices |
| Management And General | 4586426 | ManagementAndGeneral |
| Fundraising | 650566 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7220 | BOY |
| EOY | 4230 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7605484 | BOY |
| EOY | 10285405 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 436518 | BOY |
| EOY | 398199 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5505631 | BOY |
| EOY | 3548950 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1367795 | BOY |
| EOY | 1407774 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 323861 | BOY |
| EOY | 684849 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 62228201 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 26866093 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36106585 | BOY |
| EOY | 35362108 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14161716 | BOY |
| EOY | 13950800 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3430931 | BOY |
| EOY | 2491322 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68945741 | BOY |
| EOY | 68133637 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3753009 | BOY |
| EOY | 3256222 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4407447 | BOY |
| EOY | 4699658 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27459198 | BOY |
| EOY | 25998205 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48600 | BOY |
| EOY | 32400 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4380639 | BOY |
| EOY | 5594258 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40048893 | BOY |
| EOY | 39580743 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17741384 | BOY |
| EOY | 18200623 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4789817 | BOY |
| EOY | 3769145 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6365647 | BOY |
| EOY | 6583126 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28896848 | BOY |
| EOY | 28552894 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68945741 | BOY |
| EOY | 68133637 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1698151 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2042105 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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 D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10245264 | BeginningOfYearBalance |
| Contributions | 228301 | Contributions |
| Investment Earnings Or Losses | 3870 | InvestmentEarningsOrLosses |
| Other Expenditures | 275171 | OtherExpenditures |
| End Of Year Balance | 10202264 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6964970 | BeginningOfYearBalance |
| Contributions | 2939272 | Contributions |
| Investment Earnings Or Losses | 669907 | InvestmentEarningsOrLosses |
| Other Expenditures | 328885 | OtherExpenditures |
| End Of Year Balance | 10245264 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6659988 | BeginningOfYearBalance |
| Contributions | 369185 | Contributions |
| Investment Earnings Or Losses | 235043 | InvestmentEarningsOrLosses |
| Other Expenditures | 299246 | OtherExpenditures |
| End Of Year Balance | 6964970 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7055140 | BeginningOfYearBalance |
| Contributions | 269137 | Contributions |
| Investment Earnings Or Losses | -396014 | InvestmentEarningsOrLosses |
| Other Expenditures | 268275 | OtherExpenditures |
| End Of Year Balance | 6659988 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.24200 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.64530 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.11270 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1888500 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 9123931 | OtherCostOrOtherBasis |
| Book Value | 11012431 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 39672761 | OtherCostOrOtherBasis |
| Depreciation | 17045672 | Depreciation |
| Book Value | 22627089 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8714146 | OtherCostOrOtherBasis |
| Depreciation | 7196720 | Depreciation |
| Book Value | 1517426 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2828863 | OtherCostOrOtherBasis |
| Depreciation | 2623701 | Depreciation |
| Book Value | 205162 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 35362108 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Refundable Government Loan Program | $909,946 |
| Interest Rate Swap | $4,475,879 |
| Capital Lease | $208,433 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 5594258 | TotalOfAmounts |
| Total Revenue | 58396521 | TotalRevenue |
| Total Expenses | 56698370 | TotalExpenses |
| Excess Or Deficit For Year | 1698151 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 11279 | NetUnrealizedGLOnInvestments |
| Other | -$2,053,384 | OtherAmount |
| Total Adjustments | -2042105 | TotalAdjustments |
| Excess Or Deficit Per FS | -343954 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 42837904 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 11279 | NetUnrealizedGainsInvestments |
| Other Revenues | 160328 | OtherRevenues |
| Revenue Not Rptd F990 | 171607 | RevenueNotRptdF990 |
| Revenue Subtotal | 42666297 | RevenueSubtotal |
| Investment Expenses Not Included | 40162 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 15690062 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 15730224 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 58396521 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 41128474 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 160328 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 160328 | ExpensesNotRptdF990 |
| Expenses Subtotal | 40968146 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 40162 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 15690062 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 15730224 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 56698370 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Intended Use of Endowment Funds: | Part V, Line 4: | The intended use of the organization's endowment funds are: Scholarships and awards, faculty development, payments to annuity recipients, and educational programs. |
| Description of Uncertain Tax Positions Under FIN 48: | Part X: | The University has received a determination letter from the Internal Revenue Service indicating it is a tax-exempt organization as provided in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal and state income taxes on income related to its exempt purpose. The University follows the FASB guidance for uncertainty in income taxes. The standard clarifies the accounting for uncertainty in income taxes by prescribing the recognition threshold a tax position is required to meet before being recognized in the financial statements. It also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Management believes that the University has no material uncertainties in income taxes. The University is no longer subject to income tax examinations by the U.S. federal, state, or local tax authorities for fiscal years before 2009. The University will account for interest and penalties related to uncertain tax positions, if any, as part of the related tax expense. |
| Part XI, Line 8 - Other Adjustments: | Change in fair value of interest rate swap agreement -1,365,441. Change in fair value of beneficial interest in trusts -687,943. Total to Schedule D, Part XI, Line 8: -2,053,384. | |
| Part XII, Line 2d - Other Adjustments: | Special Event Expenses 160,328. | |
| Part XII, Line 4b - Other Adjustments: | Scholarships 15,690,062. | |
| Part XIII, Line 2d - Other Adjustments: | Special Event Expenses 160,328. | |
| Part XIII, Line 4b - Other Adjustments: | Scholarships 15,690,062. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 0 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation of Nondiscriminatory Policy Publication | Schedule E, Part I, Line 3 | The University is in compliance with Rev. Proc. 75-50. The University publishes its nondiscrimination policy in its catalog, freshman and transfer admission, and has the policy posted on its website. |
| Explanation of Government Financial Assistance | Schedule E, Part I, Line 6 | The University participates in various federal and state programs for financial aid to students and to the University itself. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Caritas | NameOfEvent1 |
| Gross Receipts Event1 | 205502 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 76030 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 129472 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 30804 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 42757 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 11553 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 44358 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Annual Golf Outing | NameOfEvent2 |
| Gross Receipts Event2 | 60052 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 43588 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 16464 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 1376 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 4767 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 10321 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 38232 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 23840 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 14392 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 1450 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 7515 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 5000 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 427 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 303786 | GrossReceiptsTotal |
| Charitable Contributions Total | 143458 | CharitableContributionsTotal |
| Gross Revenue Total Events | 160328 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 33630 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 55039 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 16553 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 55106 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 160328 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Scholarships | 1460 | 15690062 |
| Staff Tuition Benefits | 83 | 552105 |
| Residence Assistanceships | 18 | 199214 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Management of the University has controls in place to monitor the use of all grant funds. Each department is responsible for reviewing all amounts charged to grant account numbers in the general ledger. The Development and Financial Aid departments review overall use of scholarship and other grant funds to ensure that the recipients are eligible to receive the funds. Management reviews each department's reports of grant spending on a regular basis, and the Business Affairs Committee and Board of Directors receive quarterly financial reporting packages for review as well. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Michael Vinciguerra | |||||||||||||
| 218274 | 0 | 0 | 0 | 0 | 0 | 16573 | 0 | 14482 | 0 | 249329 | 0 | 0 | 0 |
| Frank Pascoe | |||||||||||||
| 139335 | 0 | 0 | 0 | 0 | 0 | 14784 | 0 | 10623 | 0 | 164742 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| The County of Will Illinois | |||||||
| 366006672 | 968680AB4 | 2005-04-07 | 17000000 | See Sch. K, Part V | 0 | 0 | 0 |
| The County of Will Illinois | |||||||
| 366006672 | 968680AC2 | 2007-12-07 | 14000000 | See Sch. K, Part V | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|
| 17000000 | 195380 | 41823 | 15962797 | 800000 | 2006 | 1 | 0 | 1 | 1 |
| 14000000 | 223127 | 5743 | 13771130 | 2008 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|---|
| Fifth Third Bank | ||||||||
| 0 | 1 | 1 | 20.000000000000 | 0 | 0 | 0 | 0 | 0 |
| Fifth Third Bank | ||||||||
| 0 | 1 | 1 | 20.000000000000 | 0 | 0 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Form990 Schedule K Part VI Form990ScheduleKPartVI (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Schedule K, Part I, Line A, Column (f): Purpose of Bond - | The proceeds of the issue were used to (i) fund the purchase of the un-owned portion of the Motherhouse from the Congregation of the Third Order of St. Francis of Mary Immaculate of Joliet; (ii) redeem the outstanding $800,000 balance of the Unsecured Illinois Education Facilities Authority Variable Rate Demand Revenue Bonds issued in 1998; (iii) pay a portion of the interest accruing on the bonds; (iv) fund renovations to Marian Hall Dormitory and a portion of the Motherhouse; (v) create and improve parking lots around the campus; and (vi) fund costs associated with the issuance of the bonds. |
| Schedule K, Part I, Line B, Column (f): Purpose of Bond - | The proceeds of the issue were used to (i) fund the renovation (Phase II) of the Motherhouse which includes student housing, food service, and chapel; (ii) fund campus beautification (land improvements) including fountain, paved walkways, outdoor seating, statuary; (iii) fund land acquisition for future campus expansion; (iv) create and improve parking lots; (v) refinance existing debt: two notes payable, each secured by a house; unsecured variable interest rate term loan; unsecured construction loan; (vi) fund safety / crisis management and other communication and security equipment, and (vi) fund costs associated with the issuance of the bonds. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Brent Wagner | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Son-in-Law of John Manner, Trustee | Relationship |
| Amount Of Transaction | 59000 | AmountOfTransaction |
| Description Of Transaction | Brent Wagner is a broker with Brown & Brown Insurance, an insurance company the University uses. He received a broker service fee. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 25126 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | The Form 990 has been reviewed in detail by the Chief Financial Officer and the President of the University; in addition, the Form 990 has been made available to the governing body before filing. | |
| Form 990, Part VI, Section B, line 12c | The organization follows a bid process to ensure that any exchange of services or funds by the organization with parties where a conflict of interest is present is done so that it is made under arm's length transaction to ensure all parties are treated on an equal footing. Any hint of impropriety is immediately brought to the attention of the President, a member of the Board of Trustees, or one of its many sub-committees. The organization monitors compliance with the conflict of interest policy periodically throughout the year and in total at year end. | |
| Form 990, Part VI, Section B, line 15 | The Compensation Committee of the Board of Trustees sets the thresholds and other conditions that define highly compensated employees at the University of St. Francis; selects comparable data to be used in evaluating recommended compensation packages; determines conditions when packages that do not reflect those for comparable positions at peer institutions shall be approved; and, approves any separation compensation agreement between a highly compensated individual and the University. This committee is considered independent of the President. The process for determining compensation is contemporaneously documented. | |
| Form 990, Part VI, Section C, line 19 | The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. | |
| Form 990, Part XI, line 5: | Net unrealized gains on investments: 11,279. Change in fair value of interest rate swap agreement -1,365,441. Change in fair value of beneficial interest in trusts -687,943. Total to Form 990, Part XI, Line 5: -2,042,105. | Changes in Net Assets or Fund Balances: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Congreg of the Thrd Order of St Francis of Mary Immac of Joliet | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 36-27649001433 Essington Road | AddressLine1 |
| City | Joliet | City |
| State | IL | State |
| ZIP Code | 60435 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Church | PrimaryActivities |
| Legal Domicile State | IL | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | Line 1 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |