THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY (EIN 22-1487354)
Tax period: 2022-07-01 to 2023-06-30
Filed: 2024-04-05
IRS object ID: 202410969349301341
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-04-05T14:59:35-05:00	ReturnTs
Tax Period End	2023-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	135565207	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	KPMG LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1601 MARKET STREET	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19103	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	221487354	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE TRUSTEES OF THE STEVENS INSTITUTE OF	BusinessNameLine1Txt
Business Name Line2	TECHNOLOGY	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	TRUS	BusinessNameControlTxt
Phone	2012168761	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ONE CASTLE POINT ON HUDSON	AddressLine1Txt
City	HOBOKEN	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07030	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LOUIS MAYER	PersonNm
Person Title	CFO, VP FOR FIN & TREASURER	PersonTitleTxt
Phone	2012168761	PhoneNum
Signature	2024-04-04	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	LOUIS	PersonFirstNm
Person Last	MAYER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	PHILLIP GROFF	PreparerPersonNm
PTIN	P01247783	PTIN
Phone	2672567000	PhoneNum
Preparation	2024-04-01	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	STEVENS INSTITUTE OF TECHNOLOGY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	LOUIS MAYER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ONE CASTLE PT ON HUDSON	AddressLine1Txt
City	HOBOKEN	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07030	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$548,774,286	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.STEVENS.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1870	FormationYr
Legal Domicile State	NJ	LegalDomicileStateCd
Activity Or Mission	THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE EDUCATIONAL SERVICES, SEE SCHEDULE O.	ActivityOrMissionDesc
Voting Members Governing Body	32	VotingMembersGoverningBodyCnt
Voting Members Independent	29	VotingMembersIndependentCnt
Total Employee	4089	TotalEmployeeCnt
Total Volunteers	682	TotalVolunteersCnt
Total Gross UBI	$230,937	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$26,531,269	PYContributionsGrantsAmt
CY Contributions Grants	$16,833,337	CYContributionsGrantsAmt
PY Program Service Revenue	$419,310,878	PYProgramServiceRevenueAmt
CY Program Service Revenue	$472,932,747	CYProgramServiceRevenueAmt
PY Investment Income	$17,723,142	PYInvestmentIncomeAmt
CY Investment Income	$12,442,094	CYInvestmentIncomeAmt
PY Other Revenue	$2,884,572	PYOtherRevenueAmt
CY Other Revenue	$3,675,896	CYOtherRevenueAmt
PY Total Revenue	$466,449,861	PYTotalRevenueAmt
CY Total Revenue	$505,884,074	CYTotalRevenueAmt
PY Grants And Similar Paid	$124,990,017	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$128,419,237	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$171,162,041	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$196,603,981	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$292,760	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$100,769	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$6,193,910	CYTotalFundraisingExpenseAmt
PY Other Expenses	$118,975,857	PYOtherExpensesAmt
CY Other Expenses	$151,781,840	CYOtherExpensesAmt
PY Total Expenses	$415,420,675	PYTotalExpensesAmt
CY Total Expenses	$476,905,827	CYTotalExpensesAmt
PY Revenues Less Expenses	$51,029,186	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$28,978,247	CYRevenuesLessExpensesAmt
Total Assets BOY	$970,720,079	TotalAssetsBOYAmt
Total Assets EOY	$1,006,999,231	TotalAssetsEOYAmt
Total Liabilities BOY	$434,508,801	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$428,021,172	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$536,211,278	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$578,978,059	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$340,465,187	ExpenseAmt
Grant	$128,419,237	GrantAmt
Revenue	$385,118,119	RevenueAmt
Desc	EDUCATIONAL INSTRUCTION: IN THE ACADEMIC YEAR 2022-2023, STEVENS' ENROLLMENT WAS 4,070 UNDERGRADUATE STUDENTS AND 5,244 GRADUATE STUDENTS. 948 STUDENTS GRADUATED WITH BACHELOR OF ENGINEERING, SCIENCE, BUSINESS OR ARTS DEGREES, 2,352 STUDENTS RECEIVED MASTER'S IN ENGINEERING, SCIENCE OR BUSINESS ADMINISTRATION. 66 PHD DEGREES WERE ALSO CONFERRED. IN ADDITION, STEVENS COLLABORATED WITH NUMEROUS DOMESTIC AND INTERNATIONAL UNIVERSITIES AND OTHER EDUCATIONAL PROGRAMS TO PROVIDE COURSES AND TRAINING TO INTERNATIONAL STUDENTS. STEVENS EMPHASIZES INNOVATION AND TEACHES ENTREPRENEURSHIP THROUGHOUT ITS CURRICULUM WITH THE AIM OF ENABLING THE INTEGRATION OF TECHNOLOGICAL AND MARKET KNOWLEDGE.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$46,045,716	ExpenseAmt
Revenue	$38,067,587	RevenueAmt
Desc	STUDENT LIFE: THE UNIVERSITY MAINTAINS A 55 ACRE CAMPUS IN HOBOKEN, NEW JERSEY AND PROVIDES STUDENTS WITH ON CAMPUS AND OFF CAMPUS HOUSING AS WELL AS SEVERAL DINING FACILITIES. CLOSE INTERACTIONS BETWEEN PROFESSORS AND STUDENTS ALLOW FOR GREATER ACADEMIC AND SOCIAL DEVELOPMENT. THERE ARE OVER 173 CLUBS, ORGANIZATIONS AND VARSITY SPORTS THAT OFFER THE STUDENTS AMPLE OPPORTUNITY TO PARTICIPATE, BROADEN AND ENRICH THEIR STUDENT LIFE. THE S.C. WILLIAMS LIBRARY SERVES AS THE UNIVERSITY'S INTELLECTUAL, CULTURAL AND SOCIAL CENTER CAPITALIZING ON A RESOURCEFUL STAFF AND NEW TECHNOLOGIES TO FOSTER A STIMULATING ENVIRONMENT FOR TEACHING, LEARNING AND SCIENTIFIC DISCOVERY.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$45,798,432	ExpenseAmt
Revenue	$52,240,363	RevenueAmt
Desc	RESEARCH: RESEARCH CENTERS AND CROSS-DISCIPLINARY RESEARCH INITIATIVES WITH AFFILIATED ORGANIZATIONS AND INFRASTRUCTURE. CREATIVE AND ENTREPRENEURAL RESEARCH IS AN INTEGRAL PART OF THE STEVENS MISSION. THE INSTITUTE HAS BEEN RECOGNIZED BY BOTH THE U.S. DEPARTMENT OF DEFENSE AND THE DEPARTMENT OF HOMELAND SECURITY AS A NATIONAL CENTER OF EXCELLENCE IN THE AREAS OF SYSTEMS ENGINEERING, PORT SECURITY AND INFORMATION ASSURANCE.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$432,309,335	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (1)	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	0	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	7184	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	4089	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	Yes (1)	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	32	GoverningBodyVotingMembersCnt
Independent Voting Member	29	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	PA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LOUIS MAYER EDD	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2012168761	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5 MARINE VIEW PLAZA SUITE 501	AddressLine1Txt
City	HOBOKEN	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07030	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (60 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
NARIMAN FARVARDIN
PRESIDENT/TRUSTEE	55.00	0.00	Yes (X)	Yes (X)	$1,188,051	$0	$30,911
ELAINE HENRY
TRUSTEE/PROFESSOR AS OF 5/23/2023	55.00	0.00	Yes (X)		$201,646	$0	$28,449
MO MANSOURI
TRUSTEE/ASSOC PROF AS OF 5/23/2023	55.00	0.00	Yes (X)		$187,144	$0	$40,050
RAINER MARTINI
TRUSTEE/PROFESSOR TO 5/23/2023	55.00	0.00	Yes (X)		$194,896	$0	$15,491
STEPHEN T BOSWELL
CHAIRMAN/TRUSTEE	3.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
SALEEL V AWSARE
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
LAWRENCE T BABBIO JR
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
DEVON E BROOKS
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
CHARLES J BUSCARINO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
MARY ANNE CANNON
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
KAREN S CAROLONZA
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
PAM P CHENG
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
THOMAS A CORCORAN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
PHILIP P CROWLEY
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOHN R DEARBORN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOSEPH DEL GUERCIO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
WILLIAM W DESTLER
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOSEPH G DIPOMPEO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
MANUEL S ESCOBEDO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
KAITLIN GILI
TRUSTEE TO 5/23/2023	1.00	0.00	Yes (X)		$0	$0	$0
HERMES O GONZALEZ-BELLO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOHN SEAN J HANLON IV
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOELLE M HINDS
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
EMILY R KOVELESKY
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
A MICHAEL LIPPER
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
LISA M MASCOLO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
THOMAS J NATHANSON
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
SAMUEL P RECKFORD
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
RICHARD R ROSCITT
TRUSTEE TO 12/2/2022	1.00	0.00	Yes (X)		$0	$0	$0
VIRGINIA P RUESTERHOLZ
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOHN A SCHEPISI
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
LOUIS A STEINBERG
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
J SCOTT SWENSEN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
MEHRAB SYED
TRUSTEE AS OF 5/23/2023	1.00	0.00	Yes (X)		$60	$0	$0
HAILEY TANNER
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
VICTORIA VELASCO
TRUSTEE TO 9/29/2022	1.00	0.00	Yes (X)		$0	$0	$0
LOUIS J MAYER
VP OF FINANCE/ TREASURER, CFO	55.00	0.00		Yes (X)	$460,230	$0	$50,613
KATHY L SCHULZ
VP & GENERAL COUNSEL/SECRETARY	55.00	0.00		Yes (X)	$469,442	$0	$37,213
JOSEPH E CASSIDY
AVP FINANCE/ASSIST TREAS	55.00	0.00		Yes (X)	$269,339	$0	$24,187
TONIANN BIONDOLILLO
ASST SEC/EXEC ASST	55.00	0.00		Yes (X)	$101,099	$0	$18,221
JIANMIN QU
PROVOST & SVP FOR ACADEMIC AFFAIRS	55.00	0.00			$546,370	$0	$50,613	Yes (X)
GREGORY PRASTACOS
DEAN	55.00	0.00			$478,561	$0	$56,915	Yes (X)
JEAN ZU
DEAN	55.00	0.00			$441,423	$0	$39,401	Yes (X)
DILHAN KALYON
VICE PROVOST	55.00	0.00			$392,984	$0	$50,436	Yes (X)
LAURA ROSE
VP FOR DEV/ALUM	55.00	0.00			$389,642	$0	$50,074	Yes (X)
ELISABETH MCGRATH
VP FOR UNIV RELATIONS	55.00	0.00			$389,569	$0	$30,911	Yes (X)
TEJASH PATEL
VP FOR INFORMATION TECHNOLOGY	55.00	0.00			$361,870	$0	$24,811	Yes (X)
ROBERT MAFFIA
VP FOR FACILITIES/OPERATIONS	55.00	0.00			$328,364	$0	$56,915	Yes (X)
ANTHONY BARRESE
INTERIM DEAN	55.00	0.00			$306,849	$0	$50,613	Yes (X)
CONSTANTIN CHASSAPIS
VICE PROVOST	55.00	0.00			$416,362	$0	$50,613		Yes (X)
DINESH VERMA
PROFESSOR/ EXEC DIR OF SERC	55.00	0.00			$390,462	$0	$53,861		Yes (X)
DAVID ZENG
VICE PROVOST	55.00	0.00			$386,821	$0	$53,865		Yes (X)
GEORGE KORFIATIS
PROFESSOR	55.00	0.00			$374,202	$0	$50,609		Yes (X)
HADY SALLOUM
RESEARCH PROFESSOR	55.00	0.00			$361,616	$0	$27,857		Yes (X)
CHRISTOPHE PIERRE
FORMER KEY	55.00	0.00			$342,428	$0	$50,609			Yes (X)
YI GUO
FORMER TRUSTEE	55.00	0.00			$209,229	$0	$25,333			Yes (X)
DAWN DA SILVA
FORMER AVP	55.00	0.00			$208,721	$0	$17,104			Yes (X)
KEITH G SHEPPARD
FORMER PROFESSOR	55.00	0.00			$204,320	$0	$15,689			Yes (X)
MICHAEL PARENTE
FORMER VP - IT	55.00	0.00			$192,294	$0	$16,037			Yes (X)
WARREN PETTY
FORMER VP - HR	55.00	0.00			$163,413	$0	$11,639			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$9,957,407	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,029,040	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	435	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (1)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
TISHMAN CONSTRUCTION
30 KNIGHTSBRIDGE ROAD BLDG 5 2ND F	PISCATAWAY	NJ	08854	BUILDING CONTRACTOR	$22,988,143
COMPASS GROUP USA 417632
2400 YORKMONT RD	CHARLOTTE	NC	28217	DINING SEVICES PROVIDER	$13,356,269
NOODLE PARTNERS INC
860 BROADWAY	NEW YORK	NY	10003	ON-LINE COURSE PROVIDER	$7,872,927
UG2 LLC
116 HUNTINGTON AVENUE 12TH FLOOR	BOSTON	MA	02116	CLEANING SERVICES	$5,573,097
EDUCO USA INC
2 TOWNE ROAD	BOXFORD	MA	01921	RECRUITING SERVICES	$3,037,354

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	165	CntrctRcvdGreaterThan100KCnt
Fundraising	$106,854	FundraisingAmt
Government Grants	$3,427,509	GovernmentGrantsAmt
All Other Contributions	$13,298,974	AllOtherContributionsAmt
Noncash Contributions	$1,101,782	NoncashContributionsAmt
Total Contributions	$16,833,337	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES	611600	$383,719,273	$383,719,273
RESEARCH REVENUE	541610	$52,198,363	$52,198,363
STUDENT HOUSING	611710	$24,266,662	$24,266,662
STUDENT DINING	611710	$12,179,118	$12,179,118
TECHNICAL LEADERSHIP	611600	$569,331	$569,331

Field	Value	IRS element (for citing)
Total Program Service Revenue	$472,932,747	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,940,055	TotalRevenueColumnAmt
Unrelated Business Revenue	$109,274	UnrelatedBusinessRevenueAmt
Exclusion	$8,830,781	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$166,973	TotalRevenueColumnAmt
Exclusion	$166,973	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$55,178	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$55,178	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$55,178	TotalRevenueColumnAmt
Exclusion	$55,178	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$46,024,830	SecuritiesAmt
Other	$102,478	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$42,625,269	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$3,399,561	SecuritiesAmt
Other	$102,478	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,502,039	TotalRevenueColumnAmt
Exclusion	$3,502,039	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$173,436	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$106,854	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$264,943	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$91,507	TotalRevenueColumnAmt
Exclusion	-$91,507	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
COMMISSION ON DINING	900099	$673,551	$673,551
STUDENT CLUBS, SPORTS	900099	$622,984	$622,984
NON-REFUNDABLE DEPOSIT	900099	$559,390	$559,390

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,689,327	TotalRevenueColumnAmt
Related Or Exempt Func Income	$637,397	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$121,663	UnrelatedBusinessRevenueAmt
Exclusion	$930,267	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$3,545,252	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$505,884,074	TotalRevenueColumnAmt
Related Or Exempt Func Income	$475,426,069	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$230,937	UnrelatedBusinessRevenueAmt
Exclusion	$13,393,731	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$128,419,237	TotalAmt
Program Services	$128,419,237	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$6,862,442	TotalAmt
Program Services	$2,754,060	ProgramServicesAmt
Management And General	$3,706,391	ManagementAndGeneralAmt
Fundraising	$401,991	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$579,385	TotalAmt
Management And General	$579,385	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$154,244,051	TotalAmt
Program Services	$138,098,895	ProgramServicesAmt
Management And General	$12,620,120	ManagementAndGeneralAmt
Fundraising	$3,525,036	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$8,457,212	TotalAmt
Program Services	$7,367,516	ProgramServicesAmt
Management And General	$884,287	ManagementAndGeneralAmt
Fundraising	$205,409	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$17,138,350	TotalAmt
Program Services	$14,930,106	ProgramServicesAmt
Management And General	$1,791,988	ManagementAndGeneralAmt
Fundraising	$416,256	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$9,322,541	TotalAmt
Program Services	$8,121,349	ProgramServicesAmt
Management And General	$974,766	ManagementAndGeneralAmt
Fundraising	$226,426	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,453,000	TotalAmt
Program Services	$894,567	ProgramServicesAmt
Management And General	$549,856	ManagementAndGeneralAmt
Fundraising	$8,577	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$718,549	TotalAmt
Program Services	$3,563	ProgramServicesAmt
Management And General	$714,986	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$233,535	TotalAmt
Management And General	$233,535	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$100,769	TotalAmt
Fundraising	$100,769	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,331,639	TotalAmt
Program Services	$1,331,639	ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$32,220,555	TotalAmt
Program Services	$25,184,568	ProgramServicesAmt
Management And General	$6,530,779	ManagementAndGeneralAmt
Fundraising	$505,208	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$10,443,858	TotalAmt
Program Services	$9,395,147	ProgramServicesAmt
Management And General	$1,048,711	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,766,045	TotalAmt
Program Services	$1,752,655	ProgramServicesAmt
Management And General	$738,079	ManagementAndGeneralAmt
Fundraising	$275,311	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$8,535,949	TotalAmt
Program Services	$7,798,937	ProgramServicesAmt
Management And General	$723,620	ManagementAndGeneralAmt
Fundraising	$13,392	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$4,512,775	TotalAmt
Program Services	$3,962,437	ProgramServicesAmt
Management And General	$537,298	ManagementAndGeneralAmt
Fundraising	$13,040	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$4,657,774	TotalAmt
Program Services	$4,398,083	ProgramServicesAmt
Management And General	$202,145	ManagementAndGeneralAmt
Fundraising	$57,546	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$901,203	TotalAmt
Program Services	$809,461	ProgramServicesAmt
Management And General	$79,696	ManagementAndGeneralAmt
Fundraising	$12,046	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$12,342,185	TotalAmt
Program Services	$11,941,646	ProgramServicesAmt
Management And General	$400,539	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$24,144,671	TotalAmt
Program Services	$23,361,107	ProgramServicesAmt
Management And General	$783,564	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,406,244	TotalAmt
Program Services	$4,304	ProgramServicesAmt
Management And General	$2,401,925	ManagementAndGeneralAmt
Fundraising	$15	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
RESEARCH CONTRACTS	$14,370,886	$14,370,886	$0
REPAIRS & MAINTENANCE	$11,256,632	$10,925,969	$316,653	$14,010
MATERIALS AND SUPPLIES	$5,819,464	$5,331,811	$406,607	$81,046
HOSPITALITY	$4,168,596	$3,447,482	$454,591	$266,523

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,498,280	TotalAmt
Program Services	$7,703,910	ProgramServicesAmt
Management And General	$1,723,061	ManagementAndGeneralAmt
Fundraising	$71,309	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$476,905,827	TotalAmt
Program Services	$432,309,335	ProgramServicesAmt
Management And General	$38,402,582	ManagementAndGeneralAmt
Fundraising	$6,193,910	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$21,330,302	BOYAmt
EOY	$10,811,697	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$88,201,222	BOYAmt
EOY	$71,042,205	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$11,300,188	BOYAmt
EOY	$8,558,206	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$21,093,331	BOYAmt
EOY	$20,058,773	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$19,332,450	BOYAmt
EOY	$19,289,754	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$776,611,535	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$231,184,121	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$520,414,733	BOYAmt
EOY	$545,427,414	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$194,536,214	BOYAmt
EOY	$230,657,255	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$83,174,181	BOYAmt
EOY	$90,392,024	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$11,337,458	BOYAmt
EOY	$10,761,903	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$970,720,079	BOYAmt
EOY	$1,006,999,231	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$40,382,676	BOYAmt
EOY	$37,529,084	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$20,917,418	BOYAmt
EOY	$21,870,362	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$358,679,256	BOYAmt
EOY	$355,320,257	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$14,529,451	BOYAmt
EOY	$13,301,469	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$434,508,801	BOYAmt
EOY	$428,021,172	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$268,399,505	BOYAmt
EOY	$290,088,664	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$267,811,773	BOYAmt
EOY	$288,889,395	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$536,211,278	BOYAmt
EOY	$578,978,059	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$970,720,079	BOYAmt
EOY	$1,006,999,231	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$28,978,247	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$14,457,445	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$668,911	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,372,072	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$12,278,858	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$22,536,115	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$26,414,307	CurrentTaxYearMinus1YearAmt
Current Tax Year	$16,833,337	CurrentTaxYearAmt
Total	$81,434,689	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,372,072	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$12,278,858	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$22,536,115	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$26,414,307	CurrentTaxYearMinus1YearAmt
Current Tax Year	$16,833,337	CurrentTaxYearAmt
Total	$81,434,689	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$9,709,954	SubstantialContributorsTotAmt
Public Support Total170	$71,724,735	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$8,695,375	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$7,626,495	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,171,209	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,693,089	CurrentTaxYearMinus1YearAmt
Current Tax Year	$9,052,392	CurrentTaxYearAmt
Total	$37,238,560	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,148,535	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,035,693	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,649,162	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,811,011	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,597,025	CurrentTaxYearAmt
Total	$14,241,426	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$132,914,675	TotalSupportAmt
Gross Receipts Rltd Activities	$1,924,591,998	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.53960	PublicSupportCY170Pct
Public Support PY170	0.54150	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

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)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	0	VolunteersInd
Paid Staff Or Management	Yes (1)	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (1)	DirectContactLegislatorsInd
Direct Contact Legislators	$294,969	DirectContactLegislatorsAmt
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	0	OtherActivitiesInd
Total Lobbying Expenditures	$294,969	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B, LINE 1:	FormAndLineReferenceDesc
Explanation	THE STEVENS INSTITUTE OF TECHNOLOGY HIRED OUTSIDE CONSULTANTS TO UNDERTAKE LOBBYING ACTIVITIES RELATED TO EDUCATIONAL AND OTHER MISSION-RELATED INITIATIVES ON ITS BEHALF. STAFF PARTICIPATES IN ACTIVITIES SUCH AS MEETING WITH NEW JERSEY AND HOBOKEN ELECTED AND APPOINTED OFFICIALS TO PROMOTE STEVENS AND ITS PRIORITY PROGRAMS AND INITIATIVES SUCH AS CAPITAL PROJECTS, RESEARCH, ECONOMIC AND CORPORATE ENGAGEMENT, AND VARIOUS SPECIAL INITIATIVES/NEEDS. THEY MONITOR AND PROVIDE FEEDBACK ON LEGISLATION AND POLICIES OF INTEREST TO STEVENS' OPERATIONS. IN ADDITION, THEY PROVIDE OVERSIGHT TO OUTSIDE CONSULTANTS AND ARE DIRECTLY ENGAGED IN ACTIVITIES RELATED TO STEVENS' FEDERAL RESEARCH INITIATIVES. GREGORY TOWNSEND, SENIOR DIRECTOR OF CORPORATE, GOVERNMENT, AND COMMUNITY RELATIONS, IS REGISTERED AS A LOBBYIST IN THE STATE OF NEW JERSEY. HE SPENDS APPROXIMATELY 35% OF HIS TIME ON NEW JERSEY-FOCUSED HIGHER EDUCATION AND TECHNOLOGY ISSUES.	ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Assets Included	$0	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd
Incl Escrow Custodial Acct Liab	0	InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$269,273,622	BeginningYearBalanceAmt
Contributions	$31,464,181	ContributionsAmt
Investment Earnings Or Losses	$27,381,853	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,714,751	GrantsOrScholarshipsAmt
Other Expenditures	$5,458,090	OtherExpendituresAmt
End Year Balance	$318,946,815	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$272,887,000	BeginningYearBalanceAmt
Contributions	$14,472,347	ContributionsAmt
Investment Earnings Or Losses	-$9,906,243	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,502,583	GrantsOrScholarshipsAmt
Other Expenditures	$4,676,899	OtherExpendituresAmt
End Year Balance	$269,273,622	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$225,010,000	BeginningYearBalanceAmt
Contributions	$5,006,650	ContributionsAmt
Investment Earnings Or Losses	$50,225,185	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,272,013	GrantsOrScholarshipsAmt
Other Expenditures	$4,082,822	OtherExpendituresAmt
End Year Balance	$272,887,000	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$224,304,000	BeginningYearBalanceAmt
Contributions	$2,856,781	ContributionsAmt
Investment Earnings Or Losses	$4,103,638	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,523,056	GrantsOrScholarshipsAmt
Other Expenditures	$3,731,363	OtherExpendituresAmt
End Year Balance	$225,010,000	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$206,806,000	BeginningYearBalanceAmt
Contributions	$6,994,156	ContributionsAmt
Investment Earnings Or Losses	$15,638,833	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,148,623	GrantsOrScholarshipsAmt
Other Expenditures	$2,986,366	OtherExpendituresAmt
End Year Balance	$224,304,000	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.16258	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.83742	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (1)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,691,546	OtherCostOrOtherBasisAmt
Book Value	$1,691,546	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$668,372,127	OtherCostOrOtherBasisAmt
Depreciation	$176,754,442	DepreciationAmt
Book Value	$491,617,685	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$81,272,538	OtherCostOrOtherBasisAmt
Depreciation	$37,839,562	DepreciationAmt
Book Value	$43,432,976	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$25,275,324	OtherCostOrOtherBasisAmt
Depreciation	$16,590,117	DepreciationAmt
Book Value	$8,685,207	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$545,427,414	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
ALTERNATIVE INVESTMENTS	$17,832,844	F
TRUSTS HELD BY OTHERS	$6,534,923	F
SPLIT INTEREST AGREEMENTS	$2,340,044	F
PRIVATE EQUITY	$63,684,213	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$90,392,024	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
CAPITAL LEASE OBLIGATION	$1,524,253
ANNUITIES PAYABLE	$1,645,114
POST-RETIREMENT AND PENSION OBLIGATIONS	$4,150,292
CONDITIONAL ASSET RETIREMENT OBLIGATION	$4,794,918
REFUNDABLE ADVANCES	$1,186,892

Field	Value	IRS element (for citing)
Total Liability	$13,301,469	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 4:	COLLECTIONS OF ART, HISTORICAL TREASURES AND ARCHIVES STEVENS MAINTAINS A COLLECTION OF VARIOUS WORKS OF ART, HISTORICAL TREASURES, ARCHIVES AND OTHER SIMILAR ASSETS THAT ARE ON PUBLIC DISPLAY IN ITS LIBRARY AND OTHER LOCATIONS ON CAMPUS FOR THE ENRICHMENT AND ENJOYMENT OF VISITORS, FACULTY, STAFF AND STUDENTS.
PART V, LINE 4:	ENDOWMENT FUNDS THE UNIVERSITY'S ENDOWMENT FUND IS INTENDED TO SUPPORT SCHOLARSHIPS FOR UNDERGRADUATE AND GRADUATE STUDENTS AND TO PROVIDE FINANCIAL ASSISTANCE FOR PROGRAMS AND SERVICES CONDUCTED BY THE UNIVERSITY.
PART X, LINE 2:	INCOME TAXES THE UNIVERSITY HAS BEEN CLASSIFIED AS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND, THEREFORE, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE AND SIMILAR STATE OF NEW JERSEY TAX PROVISIONS. FEDERAL LAW IMPOSES TAX ON INCOME THAT IS NOT RELATED TO AN ORGANIZATION'S TAX-EXEMPT PURPOSES OR OTHERWISE EXCLUDED UNDER THE CODE AS WELL AS AN EXCISE TAX ON CERTAIN EXCESS COMPENSATION. THE UNIVERSITY HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS, TO IDENTIFY AND REPORT UNRELATED INCOME, DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS, AND TO REVIEW OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. MANAGEMENT OF THE UNIVERSITY BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	SEE SUPPLEMENTAL PAGE
NONDISCRIMINATION POLICY - PART I, LINE 3	STEVENS INSTITUTE OF TECHNOLOGY'S NONDISCRIMINATION POLICY IS AVAILABLE ON THE ADMISSIONS APPLICATION WEBPAGE FOR PROSPECTIVE STUDENTS AND IN THE STUDENT HANDBOOK WHICH IS AVAILABLE ON THE STEVENS WEBSITE AND AVAILABLE TO ALL STUDENTS AT ORIENTATION AND REGISTRATION. THE UNIVERSITY'S BYLAWS ALSO CONTAIN STEVENS' NONDISCRIMINATION POLICY.
GOVERNMENTAL FUNDING PART I, LINE 6A	STEVENS INSTITUTE OF TECHNOLOGY RECEIVES FUNDING FROM FEDERAL AND STATE GOVERNMENTAL SOURCES INCLUDING, BUT NOT LIMITED TO, PELL, FEDERAL DIRECT LOAN PROGRAMS, FSEOG AND THE NJ TUITION ASSISTANCE GRANT.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (11 entries)

RegionRegionTxt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
EAST ASIA AND THE PACIFIC	20	PROGRAM SERVICES	CONFERENCES/SPEAKING	$74,140
EUROPE	94	PROGRAM SERVICES	CONFERENCES/SPEAKING	$275,032
MIDDLE EAST AND NORTH AFRICA	2	PROGRAM SERVICES	CONFERENCES/SPEAKING	$4,724
NORTH AMERICA	9	PROGRAM SERVICES	CONFERENCES/SPEAKING	$22,534
RUSSIA AND NEIGHBORING STATES	1	PROGRAM SERVICES	CONFERENCES/SPEAKING	$1,582
SOUTH AMERICA	7	PROGRAM SERVICES	CONFERENCES/SPEAKING	$17,326
SOUTH ASIA	6	PROGRAM SERVICES	CONFERENCES/SPEAKING	$29,383
EUROPE	2	PROGRAM SERVICES	FIELD RESEARCH	$8,097
SOUTH AMERICA	2	PROGRAM SERVICES	FIELD RESEARCH	$5,598
CENTRAL AMERICA & THE CARIBBEAN	0	INVESTMENTS		$35,764,570
EUROPE	0	INVESTMENTS		$33,598,252

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	141	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	2	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	143	TotalEmployeeCnt
Subtotal Spent	$432,818	SubtotalSpentAmt
Continuation Spent	$69,368,420	ContinuationSpentAmt
Total Spent	$69,801,238	TotalSpentAmt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	Yes (1)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III ACCOUNTING METHOD:
SCHEDULE F, PART I - ACCOUNTING METHOD	THE EXPENDITURES REPORTED IN PART I ARE ON THE ACCRUAL METHOD.
SCHEDULE F, PART IV	STEVENS INSTITUTE OF TECHNOLOGY INVESTS IN DOMESTIC AND FOREIGN LIMITED PARTNERSHIPS THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY OR FOREIGN PARTNERSHIP. TO THE EXTENT THAT THOSE INVESTMENTS RESULTED IN TRANSFERS OF PROPERTY THAT EXCEEDED THE APPLICABLE FILING THRESHOLDS, THE FORMS 926, 5471, 8621 AND 8865 ACCOMPANIED THE FILING OF THE UNIVERSITY'S FORM 990-T.

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
COPPER REEF ENTERPRISES
6965 EL CAMINO REAL STE 105-488	CARLSBAD	CA	92009	FUNDRAISING PROGRAM	0	$0	$19,000	-$19,000
PENTERA INC
8650 COMMERCE PARK PLACE SUITE G	INDIANAPOLIS	IN	46268	DIG & DIRCT MAIL MKT.	0	$0	$5,263	-$5,263
BENTZ WHALEY FLESSNER AND ASSOCIATES
7900 XERXES AVE S SUITE 980	MINNEAPOLIS	MN	55431	FUNDRAISING PROGRAM ASSESMENT	0	$0	$56,506	-$56,506
CHRIS VALHOS ALUMNI ENGAGEMENT CONSULTI
5436 N HIGHPOINT CT	TUCSON	AZ	85718	FUNDRAISING CONSULTANT	0	$0	$20,000	-$20,000

Field	Value	IRS element (for citing)
Total Retained By Contractors	$100,769	TotalRetainedByContractorsAmt
Total Net To Organization	-$100,769	TotalNetToOrganizationAmt
Licensed States	AL	LicensedStatesCd
Licensed States	AK	LicensedStatesCd
Licensed States	AR	LicensedStatesCd
Licensed States	CA	LicensedStatesCd
Licensed States	CO	LicensedStatesCd
Licensed States	CT	LicensedStatesCd
Licensed States	DC	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	GA	LicensedStatesCd
Licensed States	HI	LicensedStatesCd
Licensed States	IL	LicensedStatesCd
Licensed States	KS	LicensedStatesCd
Licensed States	KY	LicensedStatesCd
Licensed States	ME	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	MA	LicensedStatesCd
Licensed States	MI	LicensedStatesCd
Licensed States	MN	LicensedStatesCd
Licensed States	MS	LicensedStatesCd
Licensed States	MO	LicensedStatesCd
Licensed States	NV	LicensedStatesCd
Licensed States	NH	LicensedStatesCd
Licensed States	NJ	LicensedStatesCd
Licensed States	NM	LicensedStatesCd
Licensed States	NY	LicensedStatesCd
Licensed States	NC	LicensedStatesCd
Licensed States	ND	LicensedStatesCd
Licensed States	OH	LicensedStatesCd
Licensed States	OK	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	PA	LicensedStatesCd
Licensed States	RI	LicensedStatesCd
Licensed States	SC	LicensedStatesCd
Licensed States	TN	LicensedStatesCd
Licensed States	UT	LicensedStatesCd
Licensed States	VA	LicensedStatesCd
Licensed States	WV	LicensedStatesCd
Licensed States	WI	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	STEVENS AWARDS GALA	Event1Nm
Gross Receipts Event1	$161,660	GrossReceiptsEvent1Amt
Charitable Contri Event1	$49,283	CharitableContriEvent1Amt
Gross Revenue Event1	$112,377	GrossRevenueEvent1Amt
Rent Facility Costs Event1	$121,948	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$1,000	FoodAndBeverageEvent1Amt
Entertainment Event1	$35,430	EntertainmentEvent1Amt
Other Direct Expenses Event1	$33,367	OtherDirectExpensesEvent1Amt
Event2	ATHLETICS GOLF OUTING	Event2Nm
Gross Receipts Event2	$59,825	GrossReceiptsEvent2Amt
Charitable Contri Event2	$24,677	CharitableContriEvent2Amt
Gross Revenue Event2	$35,148	GrossRevenueEvent2Amt
Non Cash Prizes Event2	$50	NonCashPrizesEvent2Amt
Rent Facility Costs Event2	$35,148	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$1,276	FoodAndBeverageEvent2Amt
Other Direct Expenses Event2	$5,500	OtherDirectExpensesEvent2Amt
Other Events Total	1	OtherEventsTotalCnt
Gross Receipts Other Events	$58,805	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$32,894	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$25,911	GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events	$223	NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events	$1,400	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$6,591	FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events	$23,010	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$280,290	GrossReceiptsTotalAmt
Charitable Contributions Tot	$106,854	CharitableContributionsTotAmt
Gross Revenue Total Events	$173,436	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$273	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$158,496	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$8,867	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$35,430	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$61,877	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$264,943	DirectExpenseSummaryEventsAmt
Net Income Summary	-$91,507	NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE G, PART I, LINE 2B, COLUMN (V)	FormAndLineReferenceDesc
Explanation	SCHEDULE G, PART 1, LINE 2A FUNDRAISING ACTIVITIES THE UNIVERSITY UTILIZED OUTSIDE VENDORS FOR DIGITAL AND DIRECT MARKETING SERVICES. IN ADDITION TO THE PROFESSIONAL SERVICE EXPENSES SHOWN IN PART I, THE UNIVERSITY PAID $1,190 FOR POSTAGE EXPENSES.	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
SCHOLARSHIPS AND GRANTS	5709	$124,784,926
STIPENDS	146	$2,927,908
PRIZES/AWARDS	554	$706,403

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2	FormAndLineReferenceDesc
Explanation	GRANTS AND OTHER ASSISTANCE IN U.S. SCHOLARSHIPS AND GRANTS ARE AWARDED AS FINANCIAL ASSISTANCE TO STUDENTS ATTENDING STEVENS INSTITUTE OF TECHNOLOGY. DISTRIBUTION AND APPLICATION OF FINANCIAL ASSISTANCE ARE BASED ON THE SPECIFIC CRITERIA OF EACH SCHOLARSHIP AND GRANT AND ARE ADMINISTERED CONSISTENT WITH FEDERAL, STATE, AND INSTITUTIONAL STUDENT AID POLICIES. SITUATIONS SUCH AS CHANGES IN FINANCIAL NEED, CHANGES IN FEDERAL AID ELIGIBILITY, CHANGES IN ENROLLMENT AND RECEIPT OF AID FROM OUTSIDE SOURCES MAY AFFECT A STUDENT'S ELIGIBILITY TO RECEIVE FUNDING. STEVENS' ADMINISTRATION MONITORS THESE SITUATIONS ON AN ON-GOING BASIS AND MAKES ANY APPROPRIATE ADJUSTMENTS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (27 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
NARIMAN FARVARDIN
PRESIDENT/TRUSTEE	$895,026	$0	$265,138	$0	$27,887	$0	$30,500	$0	$411	$0	$1,218,962	$0	$0	$0
JIANMIN QU
PROVOST & SVP FOR ACADEMIC AFFAIRS	$516,805	$0	$27,000	$0	$2,565	$0	$30,500	$0	$20,113	$0	$596,983	$0	$0	$0
GREGORY PRASTACOS
DEAN	$464,089	$0	$12,000	$0	$2,472	$0	$30,500	$0	$26,415	$0	$535,476	$0	$0	$0
LOUIS J MAYER
VP OF FINANCE/ TREASURER, CFO	$446,706	$0	$12,000	$0	$1,524	$0	$30,500	$0	$20,113	$0	$510,843	$0	$0	$0
KATHY L SCHULZ
VP & GENERAL COUNSEL/SECRETARY	$458,650	$0	$10,000	$0	$792	$0	$28,177	$0	$9,036	$0	$506,655	$0	$0	$0
JEAN ZU
DEAN	$399,297	$0	$12,000	$0	$30,126	$0	$28,556	$0	$10,845	$0	$480,824	$0	$0	$0
CONSTANTIN CHASSAPIS
VICE PROVOST	$400,838	$0	$14,000	$0	$1,524	$0	$30,500	$0	$20,113	$0	$466,975	$0	$0	$0
DINESH VERMA
PROFESSOR/ EXEC DIR OF SERC	$386,946	$0	$3,000	$0	$516	$0	$27,450	$0	$26,411	$0	$444,323	$0	$0	$0
DILHAN KALYON
VICE PROVOST	$384,460	$0	$7,000	$0	$1,524	$0	$30,500	$0	$19,936	$0	$443,420	$0	$0	$0
DAVID ZENG
VICE PROVOST	$374,305	$0	$12,000	$0	$516	$0	$27,450	$0	$26,415	$0	$440,686	$0	$0	$0
LAURA ROSE
VP FOR DEV/ALUM	$385,366	$0	$4,000	$0	$276	$0	$27,450	$0	$22,624	$0	$439,716	$0	$0	$0
GEORGE KORFIATIS
PROFESSOR	$370,678	$0	$2,000	$0	$1,524	$0	$30,500	$0	$20,109	$0	$424,811	$0	$0	$0
ELISABETH MCGRATH
VP FOR UNIV RELATIONS	$376,777	$0	$12,000	$0	$792	$0	$30,500	$0	$411	$0	$420,480	$0	$0	$0
CHRISTOPHE PIERRE
FORMER KEY	$341,768	$0	$0	$0	$660	$0	$30,500	$0	$20,109	$0	$393,037	$0	$0	$0
HADY SALLOUM
RESEARCH PROFESSOR	$358,824	$0	$2,000	$0	$792	$0	$27,450	$0	$407	$0	$389,473	$0	$0	$0
TEJASH PATEL
VP FOR INFORMATION TECHNOLOGY	$351,750	$0	$10,000	$0	$120	$0	$24,400	$0	$411	$0	$386,681	$0	$0	$0
ROBERT MAFFIA
VP FOR FACILITIES/OPERATIONS	$307,172	$0	$12,000	$0	$9,192	$0	$30,500	$0	$26,415	$0	$385,279	$0	$0	$0
ANTHONY BARRESE
INTERIM DEAN	$296,377	$0	$8,000	$0	$2,472	$0	$30,500	$0	$20,113	$0	$357,462	$0	$0	$0
JOSEPH E CASSIDY
AVP FINANCE/ASSIST TREAS	$264,173	$0	$4,650	$0	$516	$0	$23,776	$0	$411	$0	$293,526	$0	$0	$0
YI GUO
FORMER TRUSTEE	$206,976	$0	$2,000	$0	$253	$0	$16,289	$0	$9,044	$0	$234,562	$0	$0	$0
ELAINE HENRY
TRUSTEE/PROFESSOR AS OF 5/23/2023	$198,376	$0	$2,000	$0	$1,270	$0	$19,405	$0	$9,044	$0	$230,095	$0	$0	$0
MO MANSOURI
TRUSTEE/ASSOC PROF AS OF 5/23/2023	$185,014	$0	$2,000	$0	$130	$0	$13,699	$0	$26,351	$0	$227,194	$0	$0	$0
DAWN DA SILVA
FORMER AVP	$206,445	$0	$2,000	$0	$276	$0	$16,681	$0	$423	$0	$225,825	$0	$0	$0
KEITH G SHEPPARD
FORMER PROFESSOR	$203,290	$0	$0	$0	$1,030	$0	$10,671	$0	$5,018	$0	$220,009	$0	$0	$0
RAINER MARTINI
TRUSTEE/PROFESSOR TO 5/23/2023	$191,787	$0	$2,850	$0	$259	$0	$15,101	$0	$390	$0	$210,387	$0	$0	$0
MICHAEL PARENTE
FORMER VP - IT	$190,174	$0	$2,000	$0	$120	$0	$15,626	$0	$411	$0	$208,331	$0	$0	$0
WARREN PETTY
FORMER VP - HR	$163,198	$0	$0	$0	$215	$0	$11,474	$0	$165	$0	$175,052	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
COMPENSATION INFORMATION PART I, LINE 1	THE STEVENS INSTITUTE OF TECHNOLOGY GUIDELINES REGARDING SPOUSAL TRAVEL ARE INCLUDED IN THE STEVENS BUSINESS AND TRAVEL EXPENSE POLICY. EXPENSES INCURRED FOR ACCOMPANYING COMPANIONS/SPOUSES ARE CONSIDERED PERSONAL IN NATURE EXCEPT ON OCCASIONS WHEN ATTENDANCE OF A COMPANION/SPOUSE AT AN EVENT SERVES A BONA FIDE BUSINESS PURPOSE FOR THE UNIVERSITY AND THE PRESENCE OF THE COMPANION/SPOUSE IS ESSENTIAL (NOT JUST BENEFICIAL) TO THE EMPLOYEE BEING ABLE TO CARRY OUT THE BUSINESS PURPOSE FOR THE UNIVERSITY; GIVEN THAT ATTENDANCE IS ESSENTIAL, THIS IS NOT TAXABLE TO THE EMPLOYEE. CAMPUS HOUSING IS PROVIDED FOR THE UNIVERSITY PRESIDENT AND IS USED FOR PROGRAM AND DEVELOPMENT PURPOSES. THE PRESIDENT IS CONTRACTUALLY REQUIRED TO LIVE IN CAMPUS HOUSING AND, THEREFORE, IT IS NOT TAXABLE COMPENSATION TO HIM. THERE IS ONE INSTANCE IN WHICH A CLUB MEMBERSHIP IS IN THE NAME OF AN INDIVIDUAL DUE TO CLUB IMPOSED MEMBERSHIP RULES. THIS MEMBERSHIP IS SOLELY FOR BUSINESS PURPOSES TO FOSTER RELATIONSHIPS WITHIN THE NEW YORK METROPOLITAN AREA FOR THE UNIVERSITY. PERSONAL SERVICES ARE PROVIDED TO THE PRESIDENT IN THE FORM OF HOUSEKEEPING BY AN EMPLOYEE OF THE PHYSICAL PLANT DEPARTMENT. THE VALUE OF THESE SERVICES IS INCLUDED AS TAXABLE INCOME AND IS DISCLOSED AS PART OF HIS SCHEDULE J PART II, COLUMN B (III), OTHER REPORTABLE COMPENSATION.
INCENTIVE COMPENSATION, PART I, LINE 7	THE STEVENS INCENTIVE COMPENSATION PLAN PROVIDES A MECHANISM TO REWARD FACULTY AND CERTAIN KEY STAFF FOR EXTRAORDINARY PERFORMANCE OVER A PERIOD OF ONE ACADEMIC YEAR WHERE PERMITTED BY LAW. IN CONTRAST TO MERIT-BASED SALARY INCREASES, ANNUAL INCENTIVES DO NOT INCREASE BASE SALARY. INCENTIVE COMPENSATION MAY BE AWARDED UPON A FINDING BY MANAGEMENT THAT AN EMPLOYEE'S WORK HAS BEEN EXTRAORDINARY AND HAS CLEARLY CONTRIBUTED TOWARD THE GOALS AND MISSION OF STEVENS. INCENTIVE COMPENSATION, EVEN IN CASES OF EXTRAORDINARY PERFORMANCE, IS NOT GUARANTEED, AND DECISIONS REGARDING INCENTIVE COMPENSATION WILL BE SUBJECT TO THE BOARD OF TRUSTEES AND OTHERS' DETERMINATIONS AS TO THE FINANCIAL RESULTS OF THE UNIVERSITY AND OTHER FACTORS NOT SPECIFIED IN THE PLAN. INCENTIVE COMPENSATION FOR FACULTY AND STAFF ARE RECOMMENDED BY MANAGERIAL STAFF, ARE APPROVED BY THE PRESIDENT AND ARE WITHIN PARAMETERS ESTABLISHED BY THE BOARD OF TRUSTEES. INCENTIVE COMPENSATION FOR EXECUTIVE LEADERS IS RECOMMENDED BY THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES AND APPROVED BY THE HUMAN RESOURCES COMMITTEE OR FULL BOARD OF TRUSTEES AS PART OF ITS CONSIDERATION OF THE PRESIDENT, THE TOP FIVE HIGHEST COMPENSATED EMPLOYEES, AND OTHER DISQUALIFIED PERSONS LISTED IN SCHEDULE O. EACH YEAR, THE HUMAN RESOURCES COMMITTEE APPROVES THE ANNUAL PERFORMANCE GOALS FOR THE EXECUTIVE LEADERS AND REVIEWS WITH THE PRESIDENT THE PROCESS FOR DETERMINING THEM FOR EACH OTHER GROUP OR SUB-GROUP OF EMPLOYEES.
COMPENSATION INFORMATION, PART II LINE 4	PART II, LINE 4 CONTAINS INFORMATION ABOUT THE COMPENSATION OF THE UNIVERSITY'S PRESIDENT, DR. NARIMAN FARVARDIN, PAID DURING THE YEAR. ALL AMOUNTS WERE PAID PURSUANT TO THE PRESIDENT'S WRITTEN FIVE-YEAR CONTRACT. IN ADDITION TO HIS ANNUAL BASE SALARY OF $895,026, THIS AMOUNT INCLUDES AN ANNUAL INCENTIVE COMPENSATION PAYMENT OF $265,138 ASSOCIATED WITH ACHIEVEMENT OF SEPARATE METRICS FOR THE UNIVERSITY'S FISCAL YEAR ENDED 6/30/2022. ALL INCENTIVE COMPENSATION AMOUNTS WERE BASED UPON DETERMINATIONS BY THE HUMAN RESOURCES COMMITTEE AND THE FULL BOARD OF TRUSTEES THAT OBJECTIVE METRICS RELATING TO THE UNIVERSITY'S STRATEGIC PLAN WERE ACHIEVED BY THE PRESIDENT AND, IN MANY CASES EXCEEDED WITH EXCEPTIONAL PERFORMANCE. IN ADDITION, SUCH AMOUNTS WERE REVIEWED AND EVALUATED FOR MARKET COMPARABILITY BY THE UNIVERSITY'S INDEPENDENT COMPENSATION CONSULTANT.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
NJ EDU FAC AUTH STEVENS ISSUE 2020 SERIES A
A	221829511	6460666L9	2020-03-11	$209,648,096	NEW CONSTRUCTION & RENOVATION	0	0	0
NJ EDU FAC AUTH STEVENS ISSUE 2017 SERIES A
B	221829511	646066M31	2017-04-04	$132,589,361	1998 & 2007 REFUND/CAP. PROJ	0	0	0
NJ EDU FAC AUTH CAPITAL IMP SERIES 2016B
C	221829511	646066F54	2016-12-20	$30,676,062	FINANCING NEW CONSTRUCTION	0	0	Yes (1)

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	RetiredRetiredAmt
A	$209,648,096	$1,000,262	$191,592,779	$17,055,055	2022	0	Yes (1)	Yes (1)
B	$132,589,361	$911,558	$76,000,000	$55,677,803	2021	Yes (1)	Yes (1)	Yes (1)	$13,305,000
C	$17,575,574	$141,074	$17,434,500		2018	0	Yes (1)	Yes (1)	$1,695,923

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Any Research AgreementsAnyResearchAgreementsInd	Engage Bond Counsel ResearchEngageBondCounselResearchInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	Yes (1)	Yes (1)	Yes (1)	Yes (1)	Yes (1)
B	Yes (1)	Yes (1)	Yes (1)	Yes (1)	Yes (1)
C	Yes (1)	Yes (1)	0		Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Rebate Not Due YetRebateNotDueYetInd	No Rebate DueNoRebateDueInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	Yes (1)	0	Yes (1)
B	0	Yes (1)	Yes (1)
C	0	Yes (1)	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	Yes (1)

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE K, PART I, BOND ISSUES	1. NJ EDU FAC AUTH STEVENS ISSUE 2020 SERIES A: THESE BONDS WERE ISSUED IN THE PAR AMOUNT OF $174,315,000 TO FINANCE: (A) THE CONSTRUCTION, RENOVATION AND EQUIPPING OF THE NEW STUDENT HOUSING AND UNIVERSITY CENTER; (B) FINANCE CAPITAL PROJECTS FOR CONSTRUCTION, RENOVATION, EXPANSION AND EQUIPPING OF CERTAIN ADDITIONAL UNIVERSITY RESEARCH AND EDUCATION BUILDINGS; AND (C) FUND CAPITALIZED INTEREST FOR THE 2020 SERIES A BONDS. TOTAL PROCEEDS OF THE ISSUANCE WERE $209,648,096 OF WHICH $38,600,000 WERE USED TO REPAY A LINE OF CREDIT USED FOR CAPITAL EXPENDITURES PRIOR TO THE COMPLETION OF THE ISSUANCE. THE UNIVERSITY GRANTED A PLEDGE OF AND LIEN ON TUITION AS SECURITY FOR THIS LOAN. 2. NJ EDU FAC AUTH STEVENS ISSUE 2017 SERIES A: THESE BONDS WERE ISSUED IN THE PAR AMOUNT OF $132,589,361 FOR REFUNDING AND LEGAL DEFEASANCE OF THE 1998 SERIES I AND 2007 SERIES A BONDS AND TO FINANCE: (A) THE CONSTRUCTION, RENOVATION AND EQUIPPING OF THE NEW RESEARCH AND ACADEMIC BUILDINGS COMPRISING THE ACADEMIC GATEWAY COMPLEX; (B) THE CONSTRUCTION, RENOVATION AND EXPANSION OF THE EXISTING BABBIO GARAGE; (C) THE CONSTRUCTION, RENOVATION, EXPANSION AND EQUIPPING OF CERTAIN ADDITIONAL FACILITIES AT THE UNIVERSITY FOR RESEARCH AND EDUCATION; (D) PRECONSTRUCTION COSTS RELATED TO A PROPOSED COMBINED STUDENT RESIDENCE AND UNIVERSITY FACILITY. 3. NJ EDU FAC AUTH CAPITAL IMP SERIES 2016B: THESE BONDS WERE ISSUED PURSUANT TO A LEGISLATIVELY CREATED STATE-BACKED PROGRAM TO FINANCE CAPITAL IMPROVEMENTS FOR NEW JERSEY COLLEGES AND UNIVERSITIES. THE BONDS ARE REPAYABLE IN PART BY STATE APPROPRIATIONS. NJEFA BOND PROCEEDS OF $142,715,000 WERE RECEIVED FROM A SINGLE ISSUANCE WHICH WAS GRANTED IN VARYING AMOUNTS TO COLLEGES LOCATED IN NEW JERSEY. STEVENS RECEIVED A TOTAL OF $17,434,500 WHICH REQUIRES THAT THE UNIVERSITY PAY ONE HALF (50%) OF THE DEBT SERVICE OF THE UNDERLYING BONDS. THE $17,434,500 IS TO BE USED TO FINANCE A PORTION OF THE CONSTRUCTION OF THE ACADEMIC GATEWAY COMPLEX. STEVENS PRINCIPAL PORTION IS $8,522,585 AND IS RECORDED ON THE BOOKS AS LONG TERM DEBT, PAYABLE OVER 20 YEARS. SCHEDULE K, PART II, LINE 1 AMOUNT OF BONDS RETIRED IS A RESULT OF PRINCIPAL PAYMENTS BY THE UNIVERSITY PURSUANT TO AGREEMENTS WITH THE AUTHORITY.
PART III, PRIVATE BUSINESS USE, LINES 4 & 5	THE UNIVERSITY HAS SERVICE CONTRACTS AND RESEARCH AGREEMENTS THAT MAY RESULT IN PRIVATE BUSINESS USE. THE UNIVERSITY HAS RETAINED KPMG TO CONSULT AND ADVISE ON THE PRIVATE BUSINESS USE. FOR THE FISCAL YEAR ENDED JUNE 30, 2022, IT HAS BEEN DETERMINED THAT THE PRIVATE BUSINESS USE FOR EACH BOND WAS 0%. THE REVIEW FOR THE FISCAL YEAR ENDED JUNE 30, 2023, HAS NOT YET BEEN COMPLETED BUT IS EXPECTED TO YIELD SIMILAR RESULTS.
PART IV, ARBITRAGE REBATE, LINE 2B	NJ EDU FAC AUTH CAPITAL IMP SERIES 2016B - SINCE THESE BONDS WERE PART OF A STATE BACKED GRANT PROGRAM, ALTHOUGH THE NJEFA RECEIVES ANNUAL ARBITRAGE REPORT ON THE ENTIRE ISSUANCE, THERE IS NOT A REPORT FOR STEVENS' SPECIFICALLY. STEVENS WOULD NOT BE SUBJECT TO ARBITRAGE ON THE ISSUE AS STEVENS' DOES NOT RECEIVE INTEREST INCOME ON THE EARNINGS WHICH GO DIRECTLY TO THE STATE. FOR THE GRANT PROGRAMS, IN THE EVENT OF POSITIVE ARBITRAGE, THE STATE OF NJ (TREASURY) WOULD BE RESPONSIBLE FOR THE PAYMENT.
PART IV, ARBITRAGE REBATE, LINE 2C	AN ARBITRAGE REBATE AND YIELD RESTRICTION ANALYSIS WAS PERFORMED BY BLX FOR NJ EDU FAC AUTH STEVENS ISSUE 2017 SERIES A FOR THE PERIOD FROM APRIL 4, 2017 THROUGH JUNE 30, 2021. BASED UPON THE REPORT NO PAYMENT IS DUE.

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	25	ContributionCnt
Noncash Contributions Rpt F990	$793,682	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Real Estate Other RealEstateOtherGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$308,100	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	0	Form8283ReceivedCnt
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (1)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE M, LINE 9	FormAndLineReferenceDesc
Explanation	NON-CASH CONTRIBUTIONS TO THE EXTENT THAT THE UNIVERSITY RECEIVES CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES, THE UNIVERSITY'S INVESTMENT BROKERAGE BANK IS TASKED WITH PROMPTLY SELLING THOSE SECURITIES. SCHEDULE M, LINE 32 THE UNIVERSITY USES VARIOUS GALLERIES TO FACILITATE THE SALE OF ART. THE UNIVERSITY IS REPORTING IN PART I, COLUMN B, THE NUMBER OF ITEMS RECEIVED.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, ITEM C, NAME OF ORGANIZATION	THE FULL LEGAL NAME OF THE UNIVERSITY IS THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY. STEVENS INSTITUTE OF TECHNOLOGY IS REGISTERED IN THE STATE OF NEW JERSEY AS A "DOING BUSINESS NAME".
ORGANIZATION'S MISSION	STEVENS INSTITUTE OF TECHNOLOGY WAS FOUNDED IN 1870. THE UNIVERSITY IS A NON-PROFIT RESEARCH UNIVERSITY OFFERING MORE THAN 35 UNDERGRADUATE MAJORS INCLUDING PROGRAMS IN ENGINEERING, THE SCIENCES, COMPUTER SCIENCE, BUSINESS, AND THE HUMANITIES; AND GRADUATE LEVEL COURSES IN A RANGE OF DISCIPLINES LEADING TO THE MASTERS AND PHD DEGREES. ACADEMIC RESEARCH IS CARRIED OUT AT EVERY LEVEL OF THE UNIVERSITY. THE MISSION OF THE UNIVERSITY IS ACCOMPLISHED BY THE ACHIEVEMENT OF THE FOLLOWING CORE GOALS: PROVIDING STUDENTS WITH A BROAD-BASED, MULTIDISCIPLINARY LEARNING EXPERIENCE IN THE SCIENCES, ENGINEERING, BUSINESS AND LIBERAL ARTS WHILE STRESSING THE FUNDAMENTAL CONCEPTS, TECHNIQUES AND ATTITUDES THAT UNDERLIE DIFFERENT BRANCHES OF TECHNOLOGY; PROMOTING THE PERSONAL DEVELOPMENT OF THE STUDENT, DEMONSTRATED BY A SENSE OF ETHICAL RESPONSIBILITY, AWARENESS OF THE SOCIETAL IMPACT OF THEIR PROFESSIONS, DEVELOPMENT OF LEADERSHIP AND TEAM SKILLS, AND A LOVE OF LEARNING; CREATING KNOWLEDGE THROUGH WORLD-CLASS RESEARCH WITH A DISTINCT IMPACT IN FOCUSED AREAS OF NATIONAL IMPORTANCE; NURTURING AN INNOVATIVE ENVIRONMENT WHEREIN STUDENTS, FACULTY AND COLLEAGUES IN INDUSTRY CONTRIBUTE TO THE PROCESS OF CONCEPTION, DESIGN AND MARKETPLACE REALIZATION OF NEW TECHNOLOGIES.
FORM 990, PART VI, SECTION A, LINE 2	BUSINESS RELATIONSHIPS THERE ARE SEVERAL TRUSTEES WHO UTILIZE PROFESSIONAL SERVICES PROVIDED BY OTHER TRUSTEES IN THE AREAS OF LEGAL AND INVESTMENT SERVICES.
FORM 990, PART VI, SECTION A, LINE 3	GOVERNING BODY AND MANANGEMENT STEVENS' BOARD OF TRUSTEES DELEGATED TO A PROMINENT INVESTMENT BANK THE MANAGEMENT OF STEVENS' ENDOWMENT PURSUANT TO CONTRACTS WHICH ADDRESS THE SCOPE OF THE DELEGATION OF AUTHORITY, MONITORING BY STEVENS' MANAGEMENT AND THE BOARD, AND REPORTING, AMONG OTHER MATTERS. PURSUANT TO THE BY-LAWS OF THE UNIVERSITY AND THE CHARTER OF THE EXECUTIVE COMMITTEE, THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES IN CERTAIN INSTANCES.
FORM 990, PART VI, SECTION A, LINE 4	GOVERNING DOCUMENTS THE CHARTER OF THE RESEARCH ENTERPRISE AND TECHNOLOGY COMMERCIALIZATION COMMITTEE WAS AMENDED ON MARCH 23, 2023, TO EXPAND THE PURPOSE TO INCLUDE ENTREPRENEURSHIP AND INNOVATION ACTIVITIES THAT RESULT FROM OR COULD LEAD TO RESEACH, INTELLECTUAL PROPERTY, OR BUSINESS CREATION. THE BY-LAWS WERE AMENDED ON MAY 23, 2023 TO PLACE THE RESONSIBILITY OF PRESENTING NOMINATIONS TO THE BOARD OF TRUSTEES FOR FACULTY TRUSTEES SOLELY WITH THE NOMINATING AND CORPORATE GOVERNANCE COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 REVIEW THIS FORM 990 WAS PREPARED BY MEMBERS OF THE FINANCE AND LEGAL OFFICES OF THE UNIVERSITY TOGETHER WITH ITS OUTSIDE TAX AND ACCOUNTING FIRM SPECIALIZING IN HIGHER EDUCATION. THIS FORM 990 WAS THEN PRESENTED TO THE AUDIT AND RISK COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. FOLLOWING THIS PROCESS AND ANY MODIFICATIONS RECOMMENDED BY THE AUDIT AND RISK COMMITTEE, THE FORM 990 WAS PRESENTED TO A MEETING OF THE FULL BOARD OF TRUSTEES OF THE UNIVERSITY AND APPROVED IN ACCORDANCE WITH THE BY-LAWS OF THE UNIVERSITY.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST THE UNIVERSITY'S CONFLICT OF INTEREST POLICY REQUIRES ONGOING COMPLIANCE AND SELF-REPORTING OF CONFLICTS. IT ALSO PROVIDES FOR COMPLETION OF AN ANNUAL DISCLOSURE FORM BY ALL TRUSTEES, OFFICERS, CERTAIN STAFF POSITIONS AND FACULTY. EACH DISCLOSURE FORM IS REVIEWED BY THE OFFICE OF AUDIT, RISK AND COMPLIANCE, AND DISCLOSURE FORMS FOR TRUSTEES AND OFFICERS ARE REVIEWED BY THE OFFICE OF GENERAL COUNSEL; ALL CONFLICTS OF INTEREST ARE REPORTED TO THE AUDIT AND RISK COMMITTEE OF THE BOARD AND TO THE BOARD OF TRUSTEES. INFORMATION DISCLOSED IN THE DISCLOSURE FORMS WHICH INDICATES THE PRESENCE OF A CONFLICT IS REVIEWED, DISCUSSED WITH RELEVANT PERSONNEL AND, IF NECESSARY, THE CONFLICT IS ELIMINATED OR MANAGED PURSUANT TO A CONFLICT MANAGEMENT PLAN OR DEVICE, WITH ADVICE FROM THE OFFICE OF AUDIT, RISK AND COMPLIANCE AND THE GENERAL COUNSEL. IN ADDITION, CONFLICTS ARE IDENTIFIED BY THE OFFICERS OF THE UNIVERSITY AND STAFF AT OTHER LEVELS OF THE UNIVERSITY AS THEY ARISE FROM TIME TO TIME AND ARE REFERRED TO THE OFFICE OF AUDIT, RISK AND COMPLIANCE AND/OR THE GENERAL COUNSEL FOR FURTHER ANALYSIS AND RESOLUTION. CERTAIN CONFLICTS RELATING TO RESEARCH ACTIVITIES MAY BE MANAGED BY THE VICE PROVOST FOR RESEARCH AND INNOVATION, WITH ADVICE FROM THE OFFICE OF AUDIT, RISK AND COMPLIANCE AND THE GENERAL COUNSEL.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION THE COMPENSATION OF THE PRESIDENT AND FIVE HIGHEST COMPENSATED EMPLOYEES OF THE UNIVERSITY WAS APPROVED BY AN INDEPENDENT HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES AND THE FULL BOARD OF TRUSTEES, IN EACH CASE ACTING AT MEETINGS DULY HELD. IN ADDITION TO APPROVING THE PRESIDENT'S COMPENSATION FOR CALENDAR YEAR 2022, THE COMPENSATION FOR THE FOLLOWING 5 ADDITIONAL POSITIONS WERE APPROVED: PROVOST AND UNIVERSITY VICE PRESIDENT CHIEF FINANCIAL OFFICER, VICE PRESIDENT FOR FINANCE AND TREASURER DEAN OF ENGINEERING AND SCIENCE VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY DEAN OF SCHOOL OF BUSINESS WITH RESPECT TO THE FOLLOWING ADDITIONAL POSITIONS, THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES, ACTING ON BEHALF OF THE BOARD OF TRUSTEES, APPROVED THE COMPENSATION AT DULY HELD MEETINGS OF THE COMMITTEE. THE BOARD WAS FULLY INFORMED OF THE COMMITTEE'S ACTIONS: VICE PRESIDENT FOR DEVELOPMENT AND ALUMNI ENGAGEMENT VICE PRESIDENT FOR FACILITIES AND CAMPUS OPERATIONS VICE PRESIDENT FOR ENROLLMENT MANAGEMENT VICE PRESIDENT FOR STUDENT AFFAIRS VICE PRESIDENT FOR INFORMATION TECHNOLOGY AND CIO VICE PRESIDENT FOR COMMUNICATIONS AND MARKETING VICE PRESIDENT FOR HUMAN RESOURCES AND CHRO VICE PRESIDENT FOR UNIVERSITY RELATIONS, CHIEF OF STAFF FACULTY TRUSTEE (2) FORMER PROVOST ALL SUCH COMPENSATION WAS DETERMINED BASED UPON RECOMMENDATIONS FROM THE PRESIDENT (EXCEPT WITH RESPECT TO THE PRESIDENT, WHOSE COMPENSATION IS RECOMMENDED BY THE HUMAN RESOURCES COMMITTEE TO THE BOARD OF TRUSTEES FOR APPROVAL, AND THE DEANS AND FACULTY, WHOSE COMPENSATION IS RECOMMENDED BY THE PROVOST). THE UNIVERSITY RETAINS THE SERVICES OF A NATIONALLY PROMINENT COMPENSATION CONSULTING FIRM TO PERFORM A BIENNIAL COMPREHENSIVE COMPENSATION ASSESSMENT OF THE SALARIES OF ALL MEMBERS OF THE SENIOR ADMINISTRATION, INCLUDING THE PRESIDENT. THIS STUDY INCLUDES A COMPARISON OF THE UNIVERSITY'S SALARIES WITH A CORE GROUP OF PEER INSTITUTIONS. THE RESULTS OF THE STUDY ARE REVIEWED AND DISCUSSED ANNUALLY WITH THE BOARD'S HUMAN RESOURCES COMMITTEE AND THE BOARD OF TRUSTEES, AS THOSE BODIES APPROVE EXECUTIVE COMPENSATION. THE SECRETARY TO THE BOARD OF TRUSTEES OR THE VICE PRESIDENT OF HUMAN RESOURCES TOOK CONTEMPORANEOUS MINUTES OF EACH MEETING OF THE BOARD AT WHICH THESE COMPENSATION DECISIONS WERE MADE. NEITHER OF THEM TOOK MINUTES WITH RESPECT TO THEIR OWN COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19	DISCLOSURE THE GOVERNING DOCUMENTS OF THE UNIVERSITY TOGETHER WITH CHARTERS FOR EACH COMMITTEE OF THE BOARD OF TRUSTEES, THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS OF THE UNIVERSITY ARE ALL MADE AVAILABLE ON THE UNIVERSITY'S WEBSITE (WWW.STEVENS.EDU). IN ADDITION, A VARIETY OF OTHER DOCUMENTS AND MATERIALS REGARDING THE UNIVERSITY AND ITS OPERATIONS AS WELL AS THE OTHER POLICIES OF THE UNIVERSITY, ARE ALSO AVAILABLE ON THE WEBSITE. FORM 990, PART X - INVESTMENTS - PUBLICLY TRADED SECURITIES: EQUITY 222,569,384 FIXED INCOME 8,087,871 TOTAL 230,657,255
FORM 990, PART XI, LINE 9:	UNCOLLECTIBLE CONTRIBUTIONS -717,257. PRB - OTHER THAN NET PERIODIC BEN COSTS -242,535. GAIN/(LOSS) IN VALUE ON SPLIT INTEREST AGREEMENTS 292,603. GAIN/(LOSS) IN VALUE OF ANNUITIES AND GIFTS -1,722.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd	Direct Controlling NADirectControllingNACd
CASTLE POINT HOLDINGS INC
ONE CASTLE POINT ON HUDSON	HOBOKEN	NJ	07030	204264786	HOLDING COMPANY - SEE PART VII	NJ	STEVENS INSTITUTE OF TECHNOLOGY	C	-$20,424	$413,644	1.00000	Yes (1)
CHARITABLE REMAINDER TRUST (1)
					TRUST	CA		T				Yes (1)	N/A
CHARITABLE REMAINDER UNITRUST (3)
					TRUST	NJ		T				Yes (1)	N/A

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (1)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE R, PART IV, COLUMN (C)	FormAndLineReferenceDesc
Explanation	CASTLE POINT HOLDINGS, INC., LISTED ON SCHEDULE R, PART IV, IS A HOLDING COMPANY WITH A MINORITY INTEREST IN INACTIVE SUBSIDIARIES. SCHEDULE R, PART IV, COLUMN (C) THE CHARITABLE REMAINDER TRUST/UNITRUSTS LISTED ON PART IV, LINE 2 HAVE THE FOLLOWING LEGAL DOMICILES: CA MD NC NJ	ExplanationTxt