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STEVENSON UNIVERSITY INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
STEVENSON UNIVERSITY INC (EIN 52-0705392)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-04-29
IRS object ID
202601199349301865
Schema version
2024v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2026-04-29T12:33:54+00:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135381590PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BDO USABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1421 FAYETTEVILLE ST STE 300AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP276011776ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN520705392EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STEVENSON UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTEVBusinessNameControlTxt
Phone4104867000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 CAMPUS CIRCLEAddressLine1Txt
CityOWINGS MILLSCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21117ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonELLIOT L HIRSHMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4104867000PhoneNum
Signature2026-04-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSANDRA L FEINSMITHPreparerPersonNm
PTINP01064157PTIN
Phone9197549370PhoneNum
Preparation2026-04-29PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1ELLIOT L HIRSHMANBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11525 GREENSPRING VALLEY ROADAddressLine1Txt
CitySTEVENSONCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21153ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$214,230,574GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.STEVENSON.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1947FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionTHE UNIVERSITY IS AN INDEPENDENT COEDUCATIONAL FOUR-YEAR UNIVERSITY, WHICH OFFERS DOCTORATE, MASTER'S, AND BACHELOR'S DEGREES, AS WELL AS CERTIFICATES, TO APPROX. 3,200 FULL TIME EQUIV STUDENTS.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent28VotingMembersIndependentCnt
Total Employee1607TotalEmployeeCnt
Total Volunteers125TotalVolunteersCnt
Total Gross UBI$3,943TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$20,136,032PYContributionsGrantsAmt
CY Contributions Grants$27,250,399CYContributionsGrantsAmt
PY Program Service Revenue$138,662,790PYProgramServiceRevenueAmt
CY Program Service Revenue$145,773,070CYProgramServiceRevenueAmt
PY Investment Income$10,484,480PYInvestmentIncomeAmt
CY Investment Income$13,496,455CYInvestmentIncomeAmt
PY Other Revenue$911,433PYOtherRevenueAmt
CY Other Revenue$1,207,798CYOtherRevenueAmt
PY Total Revenue$170,194,735PYTotalRevenueAmt
CY Total Revenue$187,727,722CYTotalRevenueAmt
PY Grants And Similar Paid$70,519,093PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$73,967,330CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$47,560,150PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$49,141,374CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$3,819PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$984,669CYTotalFundraisingExpenseAmt
PY Other Expenses$49,549,733PYOtherExpensesAmt
CY Other Expenses$48,514,714CYOtherExpensesAmt
PY Total Expenses$167,632,795PYTotalExpensesAmt
CY Total Expenses$171,623,418CYTotalExpensesAmt
PY Revenues Less Expenses$2,561,940PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$16,104,304CYRevenuesLessExpensesAmt
Total Assets BOY$348,084,367TotalAssetsBOYAmt
Total Assets EOY$362,650,459TotalAssetsEOYAmt
Total Liabilities BOY$167,402,080TotalLiabilitiesBOYAmt
Total Liabilities EOY$166,659,642TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$180,682,287NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$195,990,817NetAssetsOrFundBalancesEOYAmt
MissionTHE UNIVERSITY IS AN INNOVATIVE, COEDUCATIONAL, INDEPENDENT INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE STUDENTS A CAREER-FOCUSED EDUCATION MARKED BY INDIVIDUALIZED ATTENTION, CIVILITY, AND RESPECT FOR DIFFERENCE. THE UNIVERSITY BLENDS THE LIBERAL ARTS WITH CAREER EXPLORATION AND PLANNING, COMPLEMENTING A TRADITIONAL EDUCATION WITH APPLIED LEARNING BEYOND THE CLASSROOM. THE UNIVERSITY MEETS STUDENTS WHERE THEY ARE AND SUPPORTS AND CHALLENGES THEM TO BECOME REFLECTIVE AND ACCOMPLISHED INDIVIDUALS COMMITTED TO A LIFETIME OF LEARNING AND CONTRIBUTION. STUDENTS GRADUATE WITH THE COMPETENCE AND CONFIDENCE NEEDED TO ADDRESS CREATIVELY THE OPPORTUNITIES AND PROBLEMS FACING THEIR COMMUNITIES, THE NATION AND THE WORLD.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$78,473,958ExpenseAmt
Grant$0GrantAmt
Revenue$145,773,070RevenueAmt
DescSTEVENSON UNIVERSITY IS A FOUR YEAR UNIVERSITY PROVIDING EDUCATIONAL SERVICES TO APPROXIMATELY 2,805 FULL TIME, 301 PART TIME AND 578 GRADUATE STUDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$73,967,330ExpenseAmt
Grant$73,967,330GrantAmt
Revenue$0RevenueAmt
DescTHE NUMBER OF STUDENTS RECEIVING GRANTS IS AS FOLLOWS: PELL 1,212, SEOG 167, WORK STUDY 141, FEDERAL DIRECT SUB 1,177, FEDERAL DIRECT UNSUB 1,828, PARENT LOANS 614, AND STEVENSON GRANTS AND SCHOLARSHIPS 2,946.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$152,441,288TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document5090IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee1607EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member28IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Policies Reference ChaptersfalsePoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Written Policy Or ProcedurefalseWrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARY BETH SCHWENKEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4433342050PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11525 GREENSPRING VALLEY ROADAddressLine1Txt
CitySTEVENSONCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21153ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (47 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DONNA L KAHOE
SECRETARY (AS OF 6/25)1.00.0Yes (X)Yes (X)$0$0$0
PAUL MARK SANDLER ESQ
SECRETARY (THRU 5/25)1.00.0Yes (X)Yes (X)$0$0$0
ROBERT C BRENNAN
TREASURER1.00.0Yes (X)Yes (X)$0$0$0
ANNA L SMITH
TRUSTEE1.00.0Yes (X)$0$0$0
ARTHUR F BELL JR CPA
TRUSTEE1.00.0Yes (X)$0$0$0
BARBARA M BOZZUTO
TRUSTEE1.00.0Yes (X)$0$0$0
BLAIRE AULL MILLER
TRUSTEE EX OFFICIO (THRU 5/25)1.00.0Yes (X)$0$0$0
BRENDA BOWE JOHNSON PHD
TRUSTEE1.00.0Yes (X)$0$0$0
CANDACE OSUNSADE
TRUSTEE1.00.0Yes (X)$0$0$0
CHRISTOPHER TSAKALOS
TRUSTEE1.00.0Yes (X)$0$0$0
DAVID A BURROWS JR
TRUSTEE1.00.0Yes (X)$0$0$0
ERIC D BROTMAN CFP
TRUSTEE1.00.0Yes (X)$0$0$0
JAMES B STRADTNER CFA
TRUSTEE1.00.0Yes (X)$0$0$0
JENNIFER WARD REYNOLDS CFA
TRUSTEE1.00.0Yes (X)$0$0$0
JUDITH S WARANCH ESQ
TRUSTEE1.00.0Yes (X)$0$0$0
JUSTIN TOWLES
TRUSTEE1.00.0Yes (X)$0$0$0
JW THOMPSON WEBB
TRUSTEE1.00.0Yes (X)$0$0$0
KAREN P GIBBS
TRUSTEE1.00.0Yes (X)$0$0$0
KATHLEEN SHER
TRUSTEE1.00.0Yes (X)$0$0$0
MARGARET SHEETZ
TRUSTEE1.00.0Yes (X)$0$0$0
MEREDITH A MOWEN
TRUSTEE1.00.0Yes (X)$0$0$0
NANCY C HUBBLE
TRUSTEE1.00.0Yes (X)$0$0$0
ORSIA FOUDOS YOUNG ESQ
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT D BIAGIOTTI PE
TRUSTEE1.00.0Yes (X)$0$0$0
SAMUEL M DELL III
TRUSTEE1.00.0Yes (X)$0$0$0
SANDRA R BERMAN
TRUSTEE1.00.0Yes (X)$0$0$0
SCOTT E DORSEY
TRUSTEE1.00.0Yes (X)$0$0$0
SEAN A ISAAC MD
TRUSTEE (THRU 5/25)1.00.0Yes (X)$0$0$0
T SCOTT PUGATCH
CHAIR1.00.0Yes (X)$0$0$0
TIMOTHY L KRONGARD
TRUSTEE1.00.0Yes (X)$0$0$0
VANESSA ELUMA
TRUSTEE1.00.0Yes (X)$0$0$0
Elliot L Hirshman
PRESIDENT40.00.0Yes (X)$622,888$0$124,890
Mary Elizabeth Schiller-Schwenke
CHIEF FINANCIAL OFFICER40.00.0Yes (X)$152,990$0$27,669
Melanie Edmondson
VP OF ADMIN & FINANCE, CFO40.00.0Yes (X)$231,709$0$16,086
Andre Williams
VP STUDENT AFFAIRS40.00.0$185,801$0$25,144Yes (X)
Christopher Vaughan
VP UNIVERSITY ADVANCEMENT40.00.0$265,469$0$18,187Yes (X)
David Jordan
VP HUMAN RESOURCES40.00.0$190,194$0$13,768Yes (X)
James Mustard
VP ADMIN AND FACILITIES40.00.0$160,385$0$28,451Yes (X)
John Bantillo
CIO40.00.0$166,820$0$13,242Yes (X)
Mark Hergan
VP ENROLLMENT MANAGEMENT40.00.0$254,516$0$37,500Yes (X)
Meredith Durmowicz
EVP OF ACADEMIC AFFAIR/PROVOS40.00.0$169,513$0$33,816Yes (X)
Susan Gorman
EVP OF ACADEMIC AFFAIR/PROVOS40.00.0$273,822$0$35,753Yes (X)
Amanda Hostalka
DEAN SODAC/VICE PROVOST OUTREA40.00.0$162,721$0$12,294Yes (X)
Antionette Marbray
VP LEGAL AFFAIRS & GOVT RELATIONS40.00.0$231,204$0$19,445Yes (X)
Ellen Roskes
DEAN SCHOOL OF SCIENCES40.00.0$161,539$0$12,260Yes (X)
John Buettner
VP MARKETING & DIGITAL COMM40.00.0$202,347$0$14,484Yes (X)
Virginia Iannone
SR ASSOCIATE VP ACADEMIC AFFAIRS40.00.0$148,143$0$19,925Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,580,061TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$452,914TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K63IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
SODEXO INC & AFFILIATES
PO BOX 360170PITTSBURGHPA152516170FOOD SERVICE$8,385,611
DAVID S BROWN ENTERPRISES
100 PAINTERS MILL ROADOWINGS MILLSMD21117GENERAL CONTRACTOR$7,223,468
PROFESSIONAL MAINTENANCE MANAGEMENT
15938 DERWOOD ROADROCKVILLEMD21117CLEANING SERVICE$2,336,232
ALPHA LANDSCAPE CONTRACTING LLC
2823 FLINTSTONE ROADMILLERSMD21102GROUND REPAIRS$2,169,035
CAPTURE LLC
2303 River RdLouisvilleKY40206Marketing & Recruitment Solutions$1,042,263Suite 201
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K42CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$22,850FundraisingAmt
Related Organizations$0RelatedOrganizationsAmt
Government Grants$24,267,020GovernmentGrantsAmt
All Other Contributions$2,960,529AllOtherContributionsAmt
Noncash Contributions$98,931NoncashContributionsAmt
Total Contributions$27,250,399TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES900099$117,610,844$117,610,844
STUDENT HOUSING611710$17,884,729$17,884,729
FOOD SERVICE611710$9,051,831$9,051,831
BOOKSTORE451211$1,013,272$1,013,272
ATHLETICS531120$174,261$174,261

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,133TotalRevenueColumnAmt
Related Or Exempt Func Income$38,133RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$145,773,070TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,464,497TotalRevenueColumnAmt
Unrelated Business Revenue$1,030UnrelatedBusinessRevenueAmt
Exclusion$4,463,467ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,658,984RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$458,661RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$1,200,323RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,200,323TotalRevenueColumnAmt
Exclusion$1,200,323ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$35,055,216SecuritiesAmt
Other$0OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$25,953,251SecuritiesAmt
Other$70,007OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$9,101,965SecuritiesAmt
Other-$70,007OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,031,958TotalRevenueColumnAmt
Unrelated Business Revenue$2,913UnrelatedBusinessRevenueAmt
Exclusion$9,029,045ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$28,408FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$22,850ContriRptFundraisingEventAmt
Fundraising Direct Expenses$20,933FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,475TotalRevenueColumnAmt
Exclusion$7,475ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$187,727,722TotalRevenueColumnAmt
Related Or Exempt Func Income$145,773,070RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$3,943UnrelatedBusinessRevenueAmt
Exclusion$14,700,310ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$72,479,850TotalAmt
Program Services$72,479,850ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,487,480TotalAmt
Program Services$1,487,480ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,153,146TotalAmt
Program Services$1,159,799ProgramServicesAmt
Management And General$1,692,472ManagementAndGeneralAmt
Fundraising$300,875FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$37,313,837TotalAmt
Program Services$32,690,522ProgramServicesAmt
Management And General$4,173,214ManagementAndGeneralAmt
Fundraising$450,101FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,689,909TotalAmt
Program Services$1,441,732ProgramServicesAmt
Management And General$223,320ManagementAndGeneralAmt
Fundraising$24,857FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,342,647TotalAmt
Program Services$2,461,856ProgramServicesAmt
Management And General$1,838,971ManagementAndGeneralAmt
Fundraising$41,820FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,641,835TotalAmt
Program Services$2,319,699ProgramServicesAmt
Management And General$290,643ManagementAndGeneralAmt
Fundraising$31,493FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$146,047TotalAmt
Program Services$10,000ProgramServicesAmt
Management And General$136,047ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$125,774TotalAmt
Program Services$0ProgramServicesAmt
Management And General$125,774ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt
Fundraising$0FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$336,913TotalAmt
Program Services$0ProgramServicesAmt
Management And General$336,913ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,500,099TotalAmt
Program Services$98,842ProgramServicesAmt
Management And General$1,401,257ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,211,861TotalAmt
Program Services$2,087,553ProgramServicesAmt
Management And General$119,068ManagementAndGeneralAmt
Fundraising$5,240FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,305,508TotalAmt
Program Services$1,053,618ProgramServicesAmt
Management And General$2,187,538ManagementAndGeneralAmt
Fundraising$64,352FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,424,519TotalAmt
Program Services$8,296,781ProgramServicesAmt
Management And General$127,738ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$8,300,531TotalAmt
Program Services$8,272,278ProgramServicesAmt
Management And General$19,229ManagementAndGeneralAmt
Fundraising$9,024FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$140,883TotalAmt
Program Services$124,796ProgramServicesAmt
Management And General$16,087ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$4,980,065TotalAmt
Program Services$3,884,565ProgramServicesAmt
Management And General$1,095,500ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$8,491,078TotalAmt
Program Services$6,620,127ProgramServicesAmt
Management And General$1,870,951ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$848,123TotalAmt
Program Services$513,351ProgramServicesAmt
Management And General$334,772ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
ATHLETIC FEES/OFFICIALS/OTHER$1,093,865$1,080,879$12,986$0
EQUIPMENT RENTAL AND MAINTENANCE$2,366,670$2,245,517$120,213$940
PAYROLL/BANK FEES/INVESTMENT EXPENSE$1,535,922$0$1,535,922$0
MERCHANDISE FOR RESALE$1,490,865$1,490,110$0$755

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,215,991TotalAmt
Program Services$2,621,933ProgramServicesAmt
Management And General$538,846ManagementAndGeneralAmt
Fundraising$55,212FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$171,623,418TotalAmt
Program Services$152,441,288ProgramServicesAmt
Management And General$18,197,461ManagementAndGeneralAmt
Fundraising$984,669FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,201,769BOYAmt
EOY$3,200,448EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,147,116BOYAmt
EOY$722,266EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,238,130BOYAmt
EOY$2,822,400EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,001,234BOYAmt
EOY$1,107,908EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,552,555BOYAmt
EOY$3,328,087EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$355,465,834LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$131,903,429LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$213,046,913BOYAmt
EOY$223,562,405EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$91,332,678BOYAmt
EOY$100,534,213EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$13,322,190BOYAmt
EOY$13,650,091EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$17,241,782BOYAmt
EOY$13,722,641EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$348,084,367BOYAmt
EOY$362,650,459EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,314,799BOYAmt
EOY$7,609,468EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,199,893BOYAmt
EOY$3,893,652EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$139,215,929BOYAmt
EOY$138,839,777EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$18,330,448BOYAmt
EOY$15,870,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$341,011BOYAmt
EOY$446,745EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$167,402,080BOYAmt
EOY$166,659,642EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$141,672,314BOYAmt
EOY$146,619,551EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$39,009,973BOYAmt
EOY$49,371,266EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$180,682,287BOYAmt
EOY$195,990,817EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$348,084,367BOYAmt
EOY$362,650,459EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$16,104,304ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$690,040NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$105,734OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$23,241,194CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$30,353,977CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$24,258,331CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$20,136,032CurrentTaxYearMinus1YearAmt
Current Tax Year$27,250,399CurrentTaxYearAmt
Total$125,239,933TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$23,241,194CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$30,353,977CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$24,258,331CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$20,136,032CurrentTaxYearMinus1YearAmt
Current Tax Year$27,250,399CurrentTaxYearAmt
Total$125,239,933TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$125,239,933PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,516,417CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,865,612CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,416,750CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,951,439CurrentTaxYearMinus1YearAmt
Current Tax Year$6,123,481CurrentTaxYearAmt
Total$20,873,699TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$146,113,632TotalSupportAmt
Gross Receipts Rltd Activities$660,565,842GrossReceiptsRltdActivitiesAmt
Public Support CY1700.85714PublicSupportCY170Pct
Public Support PY1700.86071PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsfalseDirectContactLegislatorsInd
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$60,000OtherActivitiesAmt
Total Lobbying Expenditures$60,000TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITYFormAndLineReferenceDesc
ExplanationSTEVENSON UNIVERSITY UTILIZES TIMOTHY M. PERRY OF PERRY JACOBSON AS COUNSEL FOR THE UNIVERSITY REGARDING THE ACQUISITION AND FUTURE ACQUISITION OF STATE OWNED PROPERTY ON THE ROSEWOOD CAMPUS AND AS COUNSEL FOR THE POTENTIAL SALE OF PROPERTY TO THE COUNTY. THE UNIVERSITY PAID $60,000 FOR THESE SERVICES IN THE CURRENT YEAR.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$104,378,735BeginningYearBalanceAmt
Contributions$1,783,143ContributionsAmt
Investment Earnings Or Losses$12,375,915InvestmentEarningsOrLossesAmt
Grants Or Scholarships$844,135GrantsOrScholarshipsAmt
Other Expenditures$3,577,383OtherExpendituresAmt
Administrative Expenses$336,913AdministrativeExpensesAmt
End Year Balance$113,779,362EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$106,097,046BeginningYearBalanceAmt
Contributions$148,186ContributionsAmt
Investment Earnings Or Losses$8,206,844InvestmentEarningsOrLossesAmt
Grants Or Scholarships$815,397GrantsOrScholarshipsAmt
Other Expenditures$8,835,600OtherExpendituresAmt
Administrative Expenses$422,344AdministrativeExpensesAmt
End Year Balance$104,378,735EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$103,541,347BeginningYearBalanceAmt
Contributions$265,154ContributionsAmt
Investment Earnings Or Losses$10,327,546InvestmentEarningsOrLossesAmt
Grants Or Scholarships$991,612GrantsOrScholarshipsAmt
Other Expenditures$6,601,030OtherExpendituresAmt
Administrative Expenses$444,359AdministrativeExpensesAmt
End Year Balance$106,097,046EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$126,472,667BeginningYearBalanceAmt
Contributions$1,451,943ContributionsAmt
Investment Earnings Or Losses-$19,713,379InvestmentEarningsOrLossesAmt
Grants Or Scholarships$705,990GrantsOrScholarshipsAmt
Other Expenditures$3,488,024OtherExpendituresAmt
Administrative Expenses$475,870AdministrativeExpensesAmt
End Year Balance$103,541,347EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$104,505,779BeginningYearBalanceAmt
Contributions$224,036ContributionsAmt
Investment Earnings Or Losses$27,823,383InvestmentEarningsOrLossesAmt
Grants Or Scholarships$638,877GrantsOrScholarshipsAmt
Other Expenditures$4,997,294OtherExpendituresAmt
Administrative Expenses$444,360AdministrativeExpensesAmt
End Year Balance$126,472,667EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.7144BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.1232PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.1624TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$78,639,865OtherCostOrOtherBasisAmt
Book Value$78,639,865BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$205,428,801OtherCostOrOtherBasisAmt
Depreciation$86,563,336DepreciationAmt
Book Value$118,865,465BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$52,146,474OtherCostOrOtherBasisAmt
Depreciation$45,340,093DepreciationAmt
Book Value$6,806,381BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,250,694OtherCostOrOtherBasisAmt
Book Value$19,250,694BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$223,562,405TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Federal Income Taxes
SWAP LIABILITY$446,745
FieldValueIRS element (for citing)
Total Liability$446,745TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$113,179,733TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$690,040NetUnrealizedGainsInvstAmt
Other Revenue-$105,734OtherRevenueAmt
Revenue Not Reported-$795,774RevenueNotReportedAmt
Revenue Subtotal$113,975,507RevenueSubtotalAmt
Investment Expenses Not Incld$336,913InvestmentExpensesNotIncldAmt
Other Revenues Not Included$73,415,302OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$73,752,215RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$187,727,722TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$97,871,203TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$97,871,203ExpensesSubtotalAmt
Investment Expenses Not Incld2$336,913InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$73,415,302OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$73,752,215ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$171,623,418TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part III, Line 4 Collections of art - description of collectionsSTEVENSON HOLDS A COLLECTION OF SCULPTURES AND A COLLECTION OF CIVIL WAR MEMORABILIA THAT FURTHERS RESEARCH, STUDY AND PROMOTES LEARNING IN THE ARTS AND PUBLIC HISTORY.
Schedule D, Part V, Line 4 Intended uses of endowment fundsINTENDED USES OF ENDOWMENT FUNDS THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 87 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteINCOME TAX STATUS AS AN EDUCATIONAL INSTITUTION MEETING THE REQUIREMENTS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE UNIVERSITY IS EXEMPT FROM INCOME TAXES ON INCOME, AS PROVIDED IN SECTION 501(A), EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. NO PROVISION FOR INCOME TAXES WAS REQUIRED FOR 2025 AND 2024. MANAGEMENT HAS ANALYZED ITS TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990CHANGE IN VALUE OF SWAP AGREEMENTS - -105734
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statementsStudent Financial Aid - 73967330 Rental Expenses - -458661 Fundraising Expenses - -20933 LOSS ON DISPOSAL OF ASSETS - -72434
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statementsStudent Financial Aid - 73967330 Rental Expenses - -458661 Fundraising Expenses - -20933 LOSS ON DISPOSAL OF ASSETS - -72434

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYTHE UNIVERSITY'S RACIALLY NON DISCRIMINATORY POLICY IS PUBLICIZED ON RECRUITMENT MATERIALS AND ON THE UNIVERSITY'S PUBLIC WEBSITE.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTSTEVENSON UNIVERSITY PARTICIPATES IN SEVERAL FINANCIAL AID PROGRAMS ADMINISTERED BY THE US DEPARTMENT OF EDUCATION AND BY THE STATE OF MARYLAND.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean00Investments$4,390,405
Sub-Saharan Africa00Grantmaking$504,085
North America (Canada & Mexico only)00Grantmaking$317,800
Central America and the Caribbean00Grantmaking$282,244
South America00Grantmaking$96,950
South Asia00Grantmaking$85,534
Europe (Including Iceland and Greenland)00Grantmaking$81,713
Middle East and North Africa00Grantmaking$66,104
East Asia and the Pacific00Grantmaking$37,900
Russia and Neighboring States00Grantmaking$15,150
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$5,877,885SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$5,877,885TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmt
Student Financial AidSub-Saharan Africa25$504,085
Student Financial AidNorth America (Canada & Mexico only)13$317,800
Student Financial AidCentral America and the Caribbean12$282,244
Student Financial AidSouth America4$96,950
Student Financial AidSouth Asia3$85,534
Student Financial AidEurope (Including Iceland and Greenland)6$81,713
Student Financial AidMiddle East and North Africa4$66,104
Student Financial AidEast Asia and the Pacific2$37,900
Student Financial AidRussia and Neighboring States1$15,150
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule F, Part I, Line 2 Procedures for monitoring use of grant fundsTHE UNIVERSITY PROVIDES FINANCIAL AID TO ELIGIBLE STUDENTS, GENERALLY IN A "PACKAGE" THAT INCLUDES LOANS, COMPENSATION UNDER WORK-STUDY PROGRAMS, AND/OR GRANT AND SCHOLARSHIP AWARDS. THE LOANS ARE PROVIDED PRIMARILY THROUGH PROGRAMS OF THE UNITED STATES GOVERNMENT (INCLUDING DIRECT AND GUARANTEED LOAN PROGRAMS) UNDER WHICH THE UNIVERSITY IS RESPONSIBLE ONLY FOR CERTAIN ADMINISTRATIVE DUTIES. THE GRANTS AND SCHOLARSHIPS INCLUDE AWARDS PROVIDED THROUGH GIFTS AND GRANTS FROM PRIVATE DONORS OR FROM INCOME EARNED ON ENDOWMENT FUNDS RESTRICTED FOR STUDENT AID, AS WELL AS GENERAL FUNDS SCHOLARSHIP AWARDS. ROUGHLY 85 PERCENT OF STEVENSON UNIVERSITY STUDENTS RECEIVE SOME SORT OF FINANCIAL AID. ALL INDIVIDUALS RECEIVING DISBURSEMENTS FROM STEVENSON UNIVERSITY QUALIFY TO RECEIVE SUCH PAYMENTS BASED ON SCHOLASTIC ACHIEVEMENT AND/OR FINANCIAL NEED. THE UNIVERSITY PROVIDES NEED-BASED GRANTS, WHICH ARE DETERMINED BASED ON THE STUDENTS' FAFSA SCORE. THE STUDENT MUST MAINTAIN A GPA OF 2.0 OR GREATER AND BE A FULL-TIME STUDENT. DISBURSEMENTS TAKE THE FORM OF SCHOLARSHIP OR GRANTS. GRANTS ARE DISBURSED BASED ON THE GUIDELINES SET FORTH BY THE PARTY FUNDING THE GRANT.
Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsCENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1MLAX Golf TournamentEvent1Nm
Gross Receipts Event1$31,173GrossReceiptsEvent1Amt
Charitable Contri Event1$13,050CharitableContriEvent1Amt
Gross Revenue Event1$18,123GrossRevenueEvent1Amt
Non Cash Prizes Event1$620NonCashPrizesEvent1Amt
Rent Facility Costs Event1$6,149RentFacilityCostsEvent1Amt
Food And Beverage Event1$1,684FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$2,777OtherDirectExpensesEvent1Amt
Event2Homecoming Golf TournamentEvent2Nm
Gross Receipts Event2$20,085GrossReceiptsEvent2Amt
Charitable Contri Event2$9,800CharitableContriEvent2Amt
Gross Revenue Event2$10,285GrossRevenueEvent2Amt
Non Cash Prizes Event2$500NonCashPrizesEvent2Amt
Rent Facility Costs Event2$5,027RentFacilityCostsEvent2Amt
Food And Beverage Event2$4,176FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$0OtherDirectExpensesEvent2Amt
Gross Revenue Other Events$0GrossRevenueOtherEventsAmt
Gross Receipts Total$51,258GrossReceiptsTotalAmt
Charitable Contributions Tot$22,850CharitableContributionsTotAmt
Gross Revenue Total Events$28,408GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$1,120NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$11,176RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$5,860FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$2,777OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$20,933DirectExpenseSummaryEventsAmt
Net Income Summary$7,475NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeStudent Financial AidGrantTypeTxt
Recipient2876RecipientCnt
Cash Grant$72,479,850CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant fundsFormAndLineReferenceDesc
ExplanationTHE UNIVERSITY PROVIDES FINANCIAL AID TO ELIGIBLE STUDENTS, GENERALLY IN A "PACKAGE" THAT INCLUDES LOANS, COMPENSATION UNDER WORK-STUDY PROGRAMS, AND/OR GRANT AND SCHOLARSHIP AWARDS. THE LOANS ARE PROVIDED PRIMARILY THROUGH PROGRAMS OF THE UNITED STATES GOVERNMENT (INCLUDING DIRECT AND GUARANTEED LOAN PROGRAMS) UNDER WHICH THE UNIVERSITY IS RESPONSIBLE ONLY FOR CERTAIN ADMINISTRATIVE DUTIES. THE GRANTS AND SCHOLARSHIPS INCLUDE AWARDS PROVIDED THROUGH GIFTS AND GRANTS FROM PRIVATE DONORS OR FROM INCOME EARNED ON ENDOWMENT FUNDS RESTRICTED FOR STUDENT AID, AS WELL AS GENERAL FUNDS SCHOLARSHIP AWARDS. NEARLY ALL OF STEVENSON UNIVERSITY STUDENTS RECEIVE SOME SORT OF FINANCIAL AID. ALL INDIVIDUALS RECEIVING DISBURSEMENTS FROM STEVENSON UNIVERSITY QUALIFY TO RECEIVE SUCH PAYMENTS BASED ON SCHOLASTIC ACHIEVEMENT AND/OR FINANCIAL NEED. THE UNIVERSITY PROVIDES NEED-BASED GRANTS, WHICH ARE DETERMINED BASED ON THE STUDENT'S FAFSA SCORE. THE STUDENT MUST MAINTAIN A GPA OF 2.0 OR GREATER AND BE A FULL-TIME STUDENT. DISBURSEMENTS TAKE THE FORM OF SCHOLARSHIP OR GRANTS. GRANTS ARE DISBURSED BASED ON THE GUIDELINES SET FORTH BY THE PARTY FUNDING THE GRANT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (true)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Melanie Edmondson
VP OF ADMIN & FINANCE, CFO$216,709$0$15,000$0$0$0$15,964$0$122$0$247,795$0$0$0
Elliot L Hirshman
PRESIDENT$512,888$0$75,000$0$35,000$0$124,750$0$140$0$747,778$0$0$0
Mary Elizabeth Schiller-Schwenke
CHIEF FINANCIAL OFFICER$152,990$0$0$0$0$0$12,134$0$15,535$0$180,659$0$0$0
John Bantillo
CIO$166,820$0$0$0$0$0$12,546$0$696$0$180,062$0$0$0
Meredith Durmowicz
EVP OF ACADEMIC AFFAIR/PROVOS$169,513$0$0$0$0$0$13,770$0$20,046$0$203,329$0$0$0
Susan Gorman
EVP OF ACADEMIC AFFAIR/PROVOS$258,822$0$15,000$0$0$0$20,218$0$15,535$0$309,575$0$0$0
Mark Hergan
VP ENROLLMENT MANAGEMENT$220,771$0$33,745$0$0$0$17,454$0$20,046$0$292,016$0$0$0
David Jordan
VP HUMAN RESOURCES$182,694$0$7,500$0$0$0$13,628$0$140$0$203,962$0$0$0
James Mustard
VP ADMIN AND FACILITIES$160,385$0$0$0$0$0$12,919$0$15,532$0$188,836$0$0$0
Christopher Vaughan
VP UNIVERSITY ADVANCEMENT$241,407$0$24,062$0$0$0$18,047$0$140$0$283,656$0$0$0
Andre Williams
VP STUDENT AFFAIRS$173,301$0$12,500$0$0$0$5,508$0$19,636$0$210,945$0$0$0
John Buettner
VP MARKETING & DIGITAL COMM$192,347$0$10,000$0$0$0$14,344$0$140$0$216,831$0$0$0
Amanda Hostalka
DEAN SODAC/VICE PROVOST OUTREA$162,721$0$0$0$0$0$12,154$0$140$0$175,015$0$0$0
Virginia Iannone
SR ASSOCIATE VP ACADEMIC AFFAIRS$148,143$0$0$0$0$0$11,250$0$8,675$0$168,068$0$0$0
Antionette Marbray
VP LEGAL AFFAIRS & GOVT RELATIONS$216,204$0$15,000$0$0$0$6,698$0$12,747$0$250,649$0$0$0
Ellen Roskes
DEAN SCHOOL OF SCIENCES$161,539$0$0$0$0$0$12,120$0$140$0$173,799$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a Housing allowance or residence for personal useDR. ELLIOT HIRSHMAN PURCHASED HIS OWN RESIDENCE BUT RECEIVED A HOUSING ALLOWANCE OF $35,000 THIS YEAR FROM THE UNIVERSITY. THIS AMOUNT IS REPORTED AS TAXABLE COMPENSATION ON SCHEDULE J AND PART VII.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement planELLIOT HIRSHMAN IS ELIGIBLE TO PARTICIPATE IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) SPONSORED BY THE UNIVERSITY. DEFERRED COMPENSATION EARNED UNDER THIS PLAN IS REPORTED ON SCHEDULE J, PART I, COLUMN C ALONG WITH THE 403(B) PLAN INSTITUTIONAL PAYMENTS. SERP CONTRIBUTIONS WERE AS FOLLOWS: ELLIOT HIRSHMAN $100,000
Schedule J, Part I, Line 5a Compensation contingent on revenues of the organizationCHRISTOPHER VAUGHAN, VP UNIVERSITY ADVANCEMENT RECEIVED A BONUS BASED ON FUNDRAISING OUTCOMES.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MARYLAND HEALTH AND HIGHER EDUCATION FACILITIES AU
A52093609157421CCL62021-01-28$142,606,548REFINANCE AND FUND NEW CONSTRUCTIONfalsefalsefalse
MARYLAND HEALTH AND HIGHER EDUCATION FACILITIES AU
B5209360910000000002024-05-01$10,000,000FINANCE CONSTRUCTION OF A PERFORMING ARTS CENTERfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndUnspentUnspentAmt
A$143,058,673$7,867,784$11,998$1,255,283$160,203$14,195,950$119,648,8462024Yes (true)falseYes (true)Yes (true)
B$10,436,478$4,682,833falsefalsefalseYes (true)$5,753,645

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndChange In Use Bond Financed PropChangeInUseBondFinancedPropPctRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)falsefalse0.0180.00.018falsefalse0falseYes (true)
BfalsefalseYes (true)Yes (true)falsefalse0.00.00.0falsefalse0falseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndTerm Of GICTermOfGICPctRegulatory Safe Harbor StsfdRegulatorySafeHarborStsfdIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
(no name)
AfalsefalsefalseYes (true)falsefalse0falsefalsefalse0falsefalseYes (true)
EAGLEBANK
BfalseYes (true)falsefalsefalseYes (true)15.0Yes (true)falsefalse0falsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part II, Line 3 COLUMN A AND BPROCEEDS INCLUDE INVESTMENT EARNINGS AND DIFFER FROM ISSUE PRICE FOR THIS AMOUNT
Schedule K, Part II, Line 11 COLUMN AOTHER SPENT PROCEEDS INCLUDE REFUNDING PROCEEDS
Schedule K, Part IV, Line 2c COLUMN AIssuer name: MARYLAND HEALTH AND HIGHER EDUCATION FACILITIES AU The calculation for computing no rebate due was performed on 07/01/2025

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Contribution9ContributionCnt
Noncash Contributions Rpt F990$95,190NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Technological Equipment7$1,605Market value
Yes (X)Projector1$2,136Market value
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I Explanations of reporting method for number of contributionsFormAndLineReferenceDesc
ExplanationSecurities - Publicly traded - Number of contributions Other - Technological Equipment Number of items received Other - Projector Number of items receivedExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 11b Review of form 990 by governing bodyTHE 990 INFORMATION IS COMPILED BY THE UNIVERSITY'S FINANCE OFFICE AND REVIEWED BY THE INDEPENDENT ACCOUNTING FIRM. THE DRAFT RETURN IS THEN PRESENTED TO AND REVIEWED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPRISED OF EIGHT MEMBERS SELECTED FROM THE UNIVERSITY'S CURRENT BOARD OF TRUSTEES AND THE PRESIDENT. A COMPLETE COPY OF THE FORM 990 IS THEN EMAILED TO ALL MEMBERS OF THE BOARD OF TRUSTEES VIA A PASSWORD PROTECTED DOCUMENT. THE COMMITTEE MEMBERS ARE ENCOURAGED TO REVIEW AND COMMENT ON THE DOCUMENT PRIOR TO ITS FILING.
Form 990, Part VI, Line 12c Conflict of interest policyIT IS THE POLICY OF STEVENSON UNIVERSITY THAT THE MEMBERS OF ITS BOARD OF TRUSTEES AVOID ETHICAL, LEGAL, FINANCIAL AND OTHER CONFLICTS OF INTEREST AND TO ENSURE THAT THEIR ACTIVITIES AND INTERESTS DO NOT CONFLICT WITH THEIR OBLIGATIONS TO THE UNIVERSITY AND ITS WELFARE. THIS POLICY COVERS MATTERS RELATING TO THE BOARD MEMBER OR ANY RELATED PERSON. A RELATED PERSON IS DEFINED AS A MEMBER OF THE IMMEDIATE FAMILY OF THE BOARD MEMBER, ANY ENTITY OF WHICH THE BOARD MEMBER IS AN OFFICER, DIRECTOR OR TRUSTEE OR WITH RESPECT TO WHICH THE BOARD MEMBER HOLDS A SIMILAR POSITION, ANY ENTITY IN WHICH THE BOARD MEMBER HAS A MATERIAL FINANCIAL INTEREST; AND ANY OTHER PERSON OR ENTITY WITH WHOM THE BOARD MEMBER HAS A PERSONAL RELATIONSHIP THAT MIGHT REASONABLY BE EXPECTED TO AFFECT THE BOARD MEMBER'S JUDGMENT IN THE PARTICULAR MATTER. ON AN ANNUAL BASIS EACH MEMBER OF THE BOARD OF TRUSTEES WILL SUBMIT TO THE GOVERNANCE COMMITTEE, AN ANNUAL SIGNED CONFLICT OF INTEREST REPORT. IF DURING THE COURSE OF THE YEAR, AN ACTUAL OR POTENTIAL CONFLICT ARISES, BOARD MEMBERS ARE REQUIRED TO DISCLOSE THEM TO THE GOVERNANCE COMMITTEE BEFORE ANY BOARD ACTION WITH RESPECT TO THE MATTER IS TAKEN. ANY BOARD MEMBER WHO IS AWARE OF AN EXISTING OR POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO A MATTER COMING BEFORE THE BOARD OR COMMITTEE OF THE BOARD SHALL NOT BE PRESENT FOR ANY DISCUSSION OR VOTE IN CONNECTION WITH THE MATTER, AND THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DISINTERESTED BOARD MEMBERS OR COMMITTEE MEMBERS, AS THE CASE MAY BE, SHALL BE REQUIRED IN ORDER TO APPROVE, RATIFY OR AUTHORIZE THE MATTER. THE BOARD MEMBER WHO HAS AN INTEREST IN THE MATTER SHALL NOT BE COUNTED FOR THE PURPOSE OF DETERMINING THE PRESENCE OF A QUORUM AT THE MEETING AT WHICH THE MATTER IS CONSIDERED.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialON AN ANNUAL BASIS THE EXECUTIVE COMMITTEE, WHICH IS COMPRISED OF EIGHT INDEPENDENT MEMBERS SELECTED FROM OUR CURRENT BOARD OF TRUSTEES, MEETS TO EVALUATE THE PERFORMANCE OF THE PRESIDENT, CHIEF FINANCIAL OFFICER, EXECUTIVE VICE PRESIDENT FOR ACADEMIC AFFAIRS, VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT, VICE PRESIDENT FOR ENROLLMENT AND VICE PRESIDENT FOR STUDENT AFFAIRS. IT IS THE UNIVERSITY'S EXPECTATION THAT COMPENSATION SETTING PROCEDURES WOULD MEET THE REBUTTABLE PRESUMPTION OF REASONABLENESS. DURING THIS MEETING, THE SALARIES ARE EVALUATED BY REVIEWING RESULTS OF COMPENSATION STUDIES PERFORMED BY AN INDEPENDENT ORGANIZATION. THE ORGANIZATION COMPILES THE WAGE INFORMATION OF TEN PEER COLLEGES AND UNIVERSITIES FROM THEIR FORM 990S FILED WITH THE IRS. THIS ENSURES THAT COMPENSATION LEVELS AT STEVENSON UNIVERSITY ARE WITHIN REASONABLE LEVELS TO OTHER INSTITUTIONS. MEETINGS OF THE EXECUTIVE COMMITTEE TAKE PLACE FOUR TIMES A YEAR. MINUTES ARE TAKEN AND RETAINED BY THE OFFICE OF THE PRESIDENT. IN JUNE OF EACH YEAR, THE COMMITTEE MEETS TO DISCUSS AND AUTHORIZE EXECUTIVE COMPENSATION FOR THE KEY EMPLOYEES LISTED ABOVE. FOR ALL OTHER ADMINISTRATIVE PERSONNEL EACH POSITION OR STATUS CHANGE IS BENCHMARKED AGAINST CUPA SALARY SURVEY COMPENSATION STANDARDS BY THE VICE PRESIDENT OF HUMAN RESOURCES TO ENSURE REASONABLE LEVELS OF COMPENSATION.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesON AN ANNUAL BASIS, THIS PROCESS IS UNDERTAKEN FOR EACH MEMBER OF THE PRESIDENT'S CABINET.
Form 990, Part VI, Line 19 Required documents available to the publicTHE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. COPIES OF THE AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
Form 990, Part VIII, Line 2f Other Program Service RevenueAll other program service revenue - Total Revenue: 38133, Related or Exempt Function Revenue: 38133, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesCHANGE IN VALUE OF SWAP AGREEMENTS - -105734; Total - -105734;

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
BOULEVARD REALTY NO 2 LLC
100 CAMPUS CIRCLEOWINGS MILLSMD21117520705392STUDENT DORMSMD$9,960,866STEVENSON UN
OWINGS MILLS EAST LLC
100 CAMPUS CIRCLEOWINGS MILLSMD21117520705392ATHLT FIELDSMD$24,942,214STEVENSON UN