2024-04-07T17:58:07-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2022-07-01 596605703 HODGES UNIVERSITY INC HODG 8004668017 4501 COLONIAL BLVD FT MYERS FL 33966 LINDA NGUYEN TREASURER 8004668017 2024-03-25 1 LINDA NGUYEN 999009999 0 TINA HENTON P00630282 4078021200 2024-03-25 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHARLENE WENDEL 4501 COLONIAL BLVD FT MYERS FL 33966 32768506 0 X WWW.HODGES.EDU X 1990 FL PREPARES STUDENTS TO LEVERAGE HIGHER LEARNING IN THEIR PERSONAL, PROFESSIONAL AND CIVIC ENDEAVORS 15 15 224 12 0 0 4920497 1367779 11923976 12095131 4090979 456100 316704 -166010 21252156 13753000 2590383 923276 0 0 7850709 9174685 0 0 309198 9841879 9152243 20282971 19250204 969185 -5497204 58670764 42698284 19772726 18562238 38898038 24136046 X PREPARES STUDENTS TO LEVERAGE HIGHER LEARNING IN THEIR PERSONAL, PROFESSIONAL, AND CIVIC ENDEAVORS. 1 0 14740342 923276 11923044 HODGES UNIVERSITY WILL BE RECOGNIZED FOR EXCELLENCE IN CAREER-FOCUSED INCLUSIVE EDUCATION AND COMMUNITY ENGAGEMENT. HODGES UNIVERSITY, A PRIVATE, NONPROFIT INSTITUTION OF HIGHER LEARNING, IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES TO AWARD ASSOCIATE, BACHELOR'S, AND MASTER'S DEGREES.THE UNIVERSITY OFFERS FLEXIBLE SCHEDULES OF DAY, EVENING AND ONLINE CLASSES, CAREER COUNSELING, AND HANDS-ON SUPPORT FROM A HIGHLY QUALIFIED FACULTY. ALL OF THESE FACTORS CULMINATE TO PRODUCE A LEARNING ENVIRONMENT UNLIKE ANY OTHER INSTITUTION IN THE REGION.CONTINUED ON SCHEDULE ODEGREES:5 MASTER'S DEGREES 15 BACHELOR'S DEGREES 3 ASSOCIATES IN ARTS DEGREE8 ASSOCIATE IN SCIENCE DEGREES3 GRADUATE CERTIFICATE PROGRAMS16 UNDERGRADUATE CERTIFICATE PROGRAMSCONTINUING EDUCATION:ENGLISH AS A SECOND LANGUAGE CERTIFICATE PROGRAMHODGES UNIVERSITY SCHOOLS:FISHER SCHOOL OF TECHNOLOGYJOHNSON SCHOOL OF BUSINESSNICHOLS SCHOOL OF PROFESSIONAL STUDIESSCHOOL OF HEALTH SCIENCESSCHOOL OF GENERAL STUDIES 14740342 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 47 0 1 224 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 X CHARLENE WENDEL 2395986234 4501 COLONIAL BLVD FORT MYERS FL 33966 CARMEN SALOME CHAIR 1.00 X X 0 0 0 MARISA CLEVELAND VICE CHAIR 1.00 X X 0 0 0 TAMIKA SEATON TRUSTEE/VICE CHAIR AS OF 11/22 1.00 X X 0 0 0 ANGEL CERRITOS TRUSTEE 1.00 X 0 0 0 JERRY MCHALE TRUSTEE 1.00 X 0 0 0 LESLIE H KING III TRUSTEE 1.00 X 0 0 0 MICHELE HYLTON-TERRY TRUSTEE 1.00 X 0 0 0 RANDY HENDERSON TRUSTEE 1.00 X 0 0 0 REBEKAH BARNEY TRUSTEE 1.00 X 0 0 0 SAM LEWIS TRUSTEE 1.00 X 0 0 0 TYLER PATAK TRUSTEE 1.00 X 0 0 0 DIANA GIRALDO TRUSTEE UNTIL 03/23 1.00 X 0 0 0 MARILYN SANTIAGO TRUSTEE 1.00 X 0 0 0 RICARDO BOCANEGRA TRUSTEE 1.00 X 0 0 0 TIFFANY ESPOSITO TRUSTEE 1.00 X 0 0 0 MICHAEL J PRIOLETTI TRUSTEE 1.00 X 0 0 0 JOHN MEYER PRESIDENT 40.00 X 222809 0 16986 RIGOBERTO RINCONES GOMEZ VP AND SECRETARY UNTIL 12/2022 40.00 X 177692 0 0 MELISSA MITRO TREASURER 40.00 X 131730 0 6669 JEFFREY ZIOMEK PROGRAM DIRECTOR - EMS 40.00 X 125396 0 2127 CYNTHIA VACCARINO PROGRAM DIRECTOR - PTA 40.00 X 104057 0 7757 FRANCIS IKEOKWU PROGRAM DIRECTOR - ACCOUNTING 40.00 X 111239 0 443 872923 0 33982 9 0 1 0 DEC CONTRACTING GROUP INC 1560 MATTHEW DRIVE STE B FORT MYERS FL 33907 BUILDING REPAIR 280650 COLLEGIATE ENTERPRISE SOLUTIONS LLC 3 CENTENNIAL DR STE 320 PEABODY MA 01960 CONTRACT LABOR 267203 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 2777469 ATLANTA GA 30384 SECURITY 189527 EAB GLOBAL INC 2445 M ST NW WASHINGTON DC 20037 CONSULTING 175981 4 1367779 1367779 TUITION AND FEES 611600 12095131 12095131 12095131 477565 477565 5420 0 5420 5420 5420 18807491 18828956 -21465 -21465 -21465 14463 186550 -172087 -172087 COPY SERVICES 900099 351 351 REBATES INCOME 900099 306 306 657 13753000 11923044 0 462177 3881 3881 919395 919395 590490 519122 53797 17571 7509653 6602020 684169 223464 458064 388259 49173 20632 616478 537326 61371 17781 41605 41605 127057 127057 603454 496520 106687 247 1045235 1045235 110019 82532 15738 11749 1561860 613210 948650 1573340 150435 1422905 85116 72918 11397 801 45277 37703 6150 1424 1352195 1352195 1047698 1047698 232316 232316 MATERIALS AND SUPPLIES 371932 339489 29399 3044 TAXES AND LICENSES 366597 0 366597 LIBRARY RESOURCES 312115 312115 0 DUES AND SUBSCRIPTIONS 160169 149440 7846 2883 116258 70849 35807 9602 19250204 14740342 4200664 309198 2932295 322189 321872 1114189 7657310 0 1984715 3475504 43002 43107 441393 974736 37298339 14524178 23263364 22774161 21341375 13544173 685438 450225 58670764 42698284 1038807 1308688 1647419 1641926 725539 494249 16360961 15117375 19772726 18562238 X 26944471 20081662 11953567 4054384 38898038 24136046 58670764 42698284 X -5497204 -245263 -9019525 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2923606 114257 3037863 2968254 -44648 2923606 2955963 12291 2968254 2898507 57456 2955963 2826636 71871 2898507 0.00000 0.00000 1.00000 0 0 6577608 6577608 23971656 8364543 15607113 6745973 6156533 589440 3102 3102 0 22774161 FINANCE LIABILITY 15117375 15117375 X 12774892 -245263 186550 -58713 12833605 919395 919395 13753000 27536884 9206075 9206075 18330809 919395 919395 19250204 PART V, LINE 4: THE UNIVERSITY HAS DONOR RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS FOR STUDENTS AND SUPPORTING THE OPERATIONS OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE UNIVERSITY IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION AND CONTRIBUTIONS ARE CONSIDERED TAX DEDUCTIBLE. THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE IRC. FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, THE UNIVERSITY HAD NO MATERIAL OBLIGATION FOR UNRELATED BUSINESS INCOME TAX. THE UNIVERSITY FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS, AND AS A RESULT, THE UNIVERSITY EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD OF BOOKSTORE REPORTED ON PART VIII 186,550. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL AID REPORTED ON PART IX 919,395. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE ACCOUNTS REPORTED ON PART XI 833,129. COST OF GOODS SOLD OF BOOKSTORE OPERATION ON PART VIII 186,550. LOSS FROM WRITE OFF OF CONTRIBUTIONS RECEIVABLE 8,186,396. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL AID REPORTED ON PART IX 919,395. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 HODGES UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, GENDER, GENDER IDENTITY, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, OR DISABILITY IN THE PROVISION OF EDUCATIONAL OPPORTUNITIES OR EMPLOYMENT OPPORTUNITIES AND BENEFITS. ALL MEMBERS OF THE UNIVERSITY COMMUNITY ARE VALUED EQUALLY. HODGES UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF SEX OR DISABILITY IN THE EDUCATION PROGRAMS AND ACTIVITIES THAT IT OPERATES, PURSUANT TO THE REQUIREMENTS OF ALL APPLICABLE FEDERAL AND STATE LEGISLATION AND REGULATIONS INCLUDING, BUT NOT LIMITED TO, TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, SECTION 504 OF THE REHABILITATION ACT OF 1973, AND THE AMERICANS WITH DISABILITIES ACT OF 1990. THIS POLICY EXTENDS TO BOTH EMPLOYMENT BY AND ADMISSION TO HODGES UNIVERSITY. SCHEDULE E, PART I, LINE 6 HODGES UNIVERSITY, INC. PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED THROUGH THESE PROGRAMS ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. SOME PROGRAMS PROVIDE A SMALL ADMINISTRATIVE ALLOWANCE FOR THE INSTITUTION. 1 INSTITUTIONAL AID - SCHOLARSHIPS, TUITION WAVERS & DISCOUNTS 90 600141 N/A N/A HODGES SCHOLARSHIP 74 319254 N/A N/A PART I, LINE 2: HODGES UNIVERSITY PARTICIPATES IN VARIOUS LOCAL SPONSORSHIPS TO ORGANIZATIONS ANNUALLY BASED ON OUR ABILITY AND CURRENT ECONOMIC SITUATION. BECAUSE THE SPONSORSHIPS ARE FOR GENERAL OPERATING SUPPORT, NO MONITORING IS REQUIRED. HODGES UNIVERSITY PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. X X X X X 1 0 0 0 0 0 0 0 0 JOHN MEYER PRESIDENT 210809 0 0 0 12000 0 0 0 16986 0 239795 0 0 0 RIGOBERTO RINCONES GOMEZ VP AND SECRETARY UNTIL 12/2022 177692 0 0 0 0 0 0 0 0 0 177692 0 0 0 PART I, LINE 3 COMMITTEE OF THE BOARD PROPOSES PRESIDENT'S SALARY TO THE FULL BOARD. ONCE APPROVED, A WRITTEN CONTRACT IS DRAFTED. PART I, LINE 4A RIGOBERTO GOMEZ RECEIVED SEVERANCE PAY AMOUNTING TO $13,462. FORM 990, PART III, LINE 2 DENTAL HYGIENE AND FOUNDATIONS OF DENTAL ASSISTING STARTED IN SEPTEMBER 2022. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR (WHO ALSO CHAIRS THE EXECUTIVE COMMITTEE), THE BOARD VICE CHAIR (WHO IS ALSO THE VICE CHAIR OF THE EXECUTIVE COMMITTEE), AND THE CHAIR OF EACH OF THE FOUR STANDING COMMITTEES. EACH MEMBER SERVES A ONE-YEAR TERM. THIS TERM IS RENEWABLE FOR TWO (2) ADDITIONAL ONE-YEAR TERMS PROVIDED THE TRUSTEE'S TERM AS A BOARD TRUSTEE HAS NOT EXPIRED. THE PRESIDENT OF THE CORPORATION IS ALSO AN EX-OFFICIO MEMBER OF THE EXECUTIVE COMMITTEE. THE CORPORATE SECRETARY SERVES AS COMMITTEE SECRETARY. THE EXECUTIVE COMMITTEE, BETWEEN THE MEETINGS OF THE BOARD OF TRUSTEES, SHALL HAVE ALL THE POWERS VESTED IN THE BOARD OF TRUSTEES BY LAW OR BY THE CORPORATE BYLAWS. ANY ACTION TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE SUBJECT TO REVISION OR ALTERATION BY THE BOARD OF TRUSTEES AT THE MEETING OF THE BOARD OF TRUSTEES AT WHICH ANY SUCH ACTION SHALL BE REPORTED; PROVIDED, HOWEVER, THAT SUCH REVISION OR ALTERATION SHALL NOT AFFECT ANY ACTION TAKEN BY AN OFFICER OR EMPLOYEE OF THE CORPORATION OR BY ANY THIRD PARTY, OR ANY RIGHTS OF THIRD PARTIES WHICH SHALL HAVE VESTED IN RELIANCE UPON ANY ACTION OR DIRECTION OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 2 DR. RIGOBERTO RINCONES GOMEZ HAD A BUSINESS RELATIONSHIP WITH TIFFANY ESPOSITO. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WILL UNDERTAKE A COMPREHENSIVE REVIEW OF THE FORM 990 AND ITS SCHEDULES IMMEDIATELY UPON ITS COMPLETION, AND WILL ADDRESS ALL OF ITS QUESTIONS AND CONCERNS WITH THE PREPARER. UNIVERSITY POLICY PROVIDES FOR THE PROVISION OF A COPY OF THE COMPLETED RETURN TO ALL MEMBERS OF THE GOVERNING BOARD IN ADVANCE OF FILING. A VOTE OF THE FULL BOARD TO APPROVE OF THE TAX RETURN IS REQUIRED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND CORPORATE OFFICERS ARE REQUIRED TO SUBMIT ANNUAL DISCLOSURE STATEMENTS. THE STATEMENTS ARE REVIEWED BY THE SENIOR MANAGEMENT AND INDEPENDENT AUDITOR TO DETERMINE IF ANY RELATIONSHIPS NEED TO BE DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS OR THE FORM 990. IN THE CASE OF ANY REAL OR PERCEIVED CONFLICT OF INTEREST, INTERESTED PERSONS ARE EXPECTED TO DISCLOSE THE CONFLICT IN ADVANCE. ONCE SUCH A DISCLOSURE HAS BEEN MADE, THE INTERESTED PERSON MUST LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING TRUSTEES OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON MAY MAKE A PRESENTATION AT THE MEETING THAT HAS A CONFLICT OF INTEREST MATTER UNDER CONSIDERATION, BUT AFTER SUCH PRESENTATION, THE INTERESTED PERSON SHALL LEAVE THE MEETING. THE BOARD CHAIR OR CHAIR OF THE COMMITTEE, IF APPROPRIATE, SHALL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST THAT WOULD ALLEVIATE THE CONFLICT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OF TRUSTEES OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION MAY PURSUE THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST IN A MANNER THAT ALLOWS THE CONTINUED PARTICIPATION OF THE INTERESTED PERSON IN THE SUBJECT MATTER AT ISSUE. IF THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST CANNOT REASONABLY BE PURSUED UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OF TRUSTEES OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES OR COMMITTEE MEMBERS WHETHER THE BEST INTERESTS OF THE CORPORATION ARE SERVED BY CONTINUING WITH THE MATTER AT ISSUE DESPITE THE CONFLICT OF INTEREST AND SHALL DIRECT THE COURSE OF ACTION OF THE CORPORATION ACCORDINGLY, EXERCISING REASONABLE PRUDENCE IN MANAGING THE COURSE OF ACTION WITH RESPECT TO THE MATTER AT ISSUE SO AS TO PROTECT, TO THE MAXIMUM EXTENT FEASIBLE, THE INTERESTS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES THE COMPENSATION FOR THE PRESIDENT (JOHN MEYER) AND THE EXECUTIVE VICE PRESIDENT OF ADMINISTRATIVE OPERATIONS, SECRETARY, AND TREASURER. THE COMMITTEE CONSIDERS COMPARABILITY DATA AMONG MANY OTHER FACTORS TO DETERMINE THE APPROPRIATE COMPENSATION. THE COMMITTEE'S RECOMMENDATION MUST BE APPROVED BY THE FULL BOARD. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE ACCOUNTS -833,129. LOSS FROM WRITE OFF OF CONTRIBUTIONS RECEIVABLE -8,186,396.