FELICIAN UNIVERSITY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- FELICIAN UNIVERSITY (EIN 22-1912028)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-14
- IRS object ID
- 202411359349311311
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T16:10:14-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO INTERNATIONAL PLACE 22ND FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | 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 | 221912028 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FELICIAN UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FELI | BusinessNameControlTxt |
| Phone | 2015596000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 262 SOUTH MAIN STREET | AddressLine1Txt |
| City | LODI | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07644 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS TRUCHAN | PersonNm |
| Person Title | VP OF FINANCE & CFO | PersonTitleTxt |
| Phone | 2015596000 | PhoneNum |
| Signature | 2024-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | THOMAS | PersonFirstNm |
| Person Last | TRUCHAN | 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 | LAURA J KENNEY | PreparerPersonNm |
| PTIN | P00202198 | PTIN |
| Phone | 6177170831 | PhoneNum |
| Preparation | 2024-05-07 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MILDRED A MIHLON PHD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 262 SOUTH MAIN STREET | AddressLine1Txt |
| City | LODI | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07644 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $94,487,275 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FELICIAN.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1942 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | EDUCATING A DIVERSE STUDENT POPULATION WITHIN A LIBERAL ARTS FRAMEWORK. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 849 | TotalEmployeeCnt |
| Total Volunteers | 28 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $17,096,153 | PYContributionsGrantsAmt |
| CY Contributions Grants | $14,159,085 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $68,637,591 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $66,509,507 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,923,559 | PYInvestmentIncomeAmt |
| CY Investment Income | $549,571 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,661,179 | PYOtherRevenueAmt |
| CY Other Revenue | $473,615 | CYOtherRevenueAmt |
| PY Total Revenue | $92,318,482 | PYTotalRevenueAmt |
| CY Total Revenue | $81,691,778 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $29,789,216 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $28,900,967 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $30,775,603 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $32,087,396 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,006,222 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $24,621,548 | PYOtherExpensesAmt |
| CY Other Expenses | $24,515,187 | CYOtherExpensesAmt |
| PY Total Expenses | $85,186,367 | PYTotalExpensesAmt |
| CY Total Expenses | $85,503,550 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,132,115 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,811,772 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $100,210,159 | TotalAssetsBOYAmt |
| Total Assets EOY | $95,461,155 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $37,493,484 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $35,323,246 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $62,716,675 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $60,137,909 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | FELICIAN UNIVERSITY IS AN INDEPENDENT CO-EDUCATIONAL CATHOLIC/FRANCISCAN UNIVERSITY FOUNDED AND SPONSORED BY THE FELICIAN SISTERS TO EDUCATE A DIVERSE POPULATION OF STUDENTS WITHIN THE FRAMEWORK OF A LIBERAL ARTS TRADITION. (CONTINUED ON SCHEDULE O.) ITS MISSION IS TO PROVIDE A FULL COMPLEMENT OF LEARNING EXPERIENCES, REINFORCED WITH STRONG ACADEMIC AND STUDENT DEVELOPMENT PROGRAMS DESIGNED TO BRING STUDENTS TO THEIR HIGHEST POTENTIAL AND PREPARE THEM TO MEET THE CHALLENGES OF THE NEW CENTURY WITH INFORMED MINDS AND UNDERSTANDING HEARTS. THE ENDURING PURPOSE OF FELICIAN UNIVERSITY IS TO PROMOTE A LOVE FOR LEARNING, A DESIRE FOR GOD, SELF-KNOWLEDGE, SERVICE TO OTHERS, AND RESPECT FOR ALL CREATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $76,728,336 | ExpenseAmt |
| Grant | $28,900,967 | GrantAmt |
| Revenue | $66,509,507 | RevenueAmt |
| Desc | FELICIAN UNIVERSITY CONTINUES TO ENROLL STUDENTS THROUGHOUT THE TRI-STATE REGION AND THE WORLD. ACADEMIC PROGRAM DIVERSITY IN AREAS SUCH AS NURSING, EDUCATION, CYBERSECURITY, AND THE 5-YEAR MBA PROGRAM AS WELL AS THE ADDITION OF DOCTORAL PROGRAMS ARE ATTRACTING AN INCREASINGLY DIVERSIFIED STUDENT POPULATION. THE UNIVERSITY ENROLLED 5,433 STUDENTS IN THE 2022-23 ACADEMIC YEAR. REFURBISHED RESIDENCE HALLS, STATE OF THE ART SCIENCE LABORATORIES AND THE MODIFICATIONS TO THE STUDENT CENTER ON THE RUTHERFORD CAMPUS HAVE EXPANDED STUDENT LIFE ACTIVITIES WHICH HAVE RESULTED IN A STRONG INCREASE IN CAMPUS COMMUNITY AND RETENTION. | Desc |
| Total Program Service Expenses | $76,728,336 | 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 | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | 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 | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | 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 | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | 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 | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2408 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 849 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS TRUCHAN | PersonNm |
| Phone | 2015596094 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 262 SOUTH MAIN STREET | AddressLine1Txt |
| City | LODI | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07644 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 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 | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JAMES W CRAWFORD III | ||||||||
| PRESIDENT TO APR 2023 | 45.00 | 0.00 | Yes (X) | Yes (X) | $378,600 | $0 | $52,406 | |
| THOMAS TRUCHAN | ||||||||
| VICE PRESIDENT OF FINANCE & CFO | 45.00 | 0.00 | Yes (X) | $179,159 | $0 | $32,059 | ||
| CHRISTINE MIHAL | ||||||||
| DEAN OF SCHOOL OF NURSING | 45.00 | 0.00 | $174,786 | $0 | $27,933 | Yes (X) | ||
| PRISCILLA KLYMENKO | ||||||||
| VICE PRESIDENT OF ENROLLMENT MGT. | 45.00 | 0.00 | $149,923 | $0 | $50,807 | Yes (X) | ||
| DAVID TURI | ||||||||
| ASSOCIATE DEAN OF BUSINESS | 45.00 | 0.00 | $161,436 | $0 | $15,113 | Yes (X) | ||
| ANTHONY SCARDINO | ||||||||
| ASSOCIATE DEAN OF BUSINESS | 45.00 | 0.00 | $166,475 | $0 | $4,387 | Yes (X) | ||
| MILDRED A MIHLON PHD | ||||||||
| ACTING PRES. AS OF APR 2023, DEAN | 45.00 | 0.00 | Yes (X) | Yes (X) | $153,550 | $0 | $15,618 | |
| STEPHANIE MCGOWAN | ||||||||
| DEAN OF SCHOOL OF EDUC. TO JUN 2023 | 45.00 | 0.00 | $158,635 | $0 | $6,483 | Yes (X) | ||
| JAMES R D'AGOSTINO JR JD | ||||||||
| BOARD CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MONIQUE EDWARDS JD | ||||||||
| VICE CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SISTER MARY AQUINAS SZOTT CSSF | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SR MARY BRIDGET BECKER CSSF | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SISTER MARY JUANITA CSSF | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SISTER SUZANNE KUSH CSSF | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS BELLAVIA MD | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN B BITAR | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH BOCCASSINI | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLENE BROWN | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MELISSA CEPEDA | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| J FLETCHER CREAMER | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SAMUEL DELGADO | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ULISES DIAZ | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES FLYNN | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| COLLEEN FRANKENFIELD MS JD | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GAIL B GORDON ESQ | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TOM GREEN | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DONALD JONES | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEX E KRASNOMOWITZ | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BETH LENKE | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN LOLACONO | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARILYN SCALO | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANTHONY SCARDINO JR | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK SPARTA FACHE | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SCOTT THOMAS JD | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH VISCONI | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD B ARTMAN PHD | ||||||||
| TRUSTEE TO NOV 2022 | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,522,564 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $204,806 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 49 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | 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 |
|---|---|---|---|---|---|
| CHARTWELLS DINING SERVICES | |||||
| 2 INTERNATIONAL DRIVE | RYE BROOK | NY | 10573 | DINING SERVICES | $2,054,655 |
| TLP CLIMATE CONTROL SYSTEMS INC | |||||
| 400 RIKE DRIVE | MILLSTONE TOWNSHIP | NJ | 08535 | CONSTRUCTION SERVICES | $1,600,923 |
| ASSESSMENT TECHNOLOGIES INSTITUTE | |||||
| 11161 VOERBROOK RD | LEAWOOD | KS | 66211 | EDUCATIONAL SERVICES | $1,108,004 |
| C&W FACILITY SERVICES INC | |||||
| 140 KENDRICK ST BLDG C WEST 201 | NEEDHAM | MA | 02494 | FACILITY SERVICES | $1,034,712 |
| DONNELLY CONSTRUCTION | |||||
| 557 RT 23 SOUTH | WAYNE | NJ | 07470 | CONSTRUCTION SERVICES | $718,517 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 37 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $29,690 | FundraisingAmt |
| Related Organizations | $108,772 | RelatedOrganizationsAmt |
| Government Grants | $13,427,853 | GovernmentGrantsAmt |
| All Other Contributions | $592,770 | AllOtherContributionsAmt |
| Total Contributions | $14,159,085 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $61,048,609 | $61,048,609 |
| AUXILIARY ENTERPRISES | 611710 | $5,223,916 | $5,223,916 |
| STUDY ABROAD FEES | 611710 | $176,885 | $176,885 |
| ADMINISTRATIVE FEES | 611710 | $60,097 | $60,097 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $66,509,507 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $811,779 | TotalRevenueColumnAmt |
| Exclusion | $811,779 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $421,628 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $224,383 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $197,245 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $197,245 | TotalRevenueColumnAmt |
| Exclusion | $197,245 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,272,785 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,534,993 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$262,208 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$262,208 | TotalRevenueColumnAmt |
| Exclusion | -$262,208 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $4,563 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $29,690 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $36,121 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$31,558 | TotalRevenueColumnAmt |
| Exclusion | -$31,558 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COMMISSIONS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $16,697 | TotalRevenueColumnAmt |
| Exclusion | $16,697 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $291,231 | TotalRevenueColumnAmt |
| Exclusion | $291,231 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $307,928 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $81,691,778 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $66,509,507 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,023,186 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,900,967 | TotalAmt |
| Program Services | $28,900,967 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $668,481 | TotalAmt |
| Management And General | $668,481 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,202 | TotalAmt |
| Program Services | $162,202 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,918,674 | TotalAmt |
| Program Services | $21,833,874 | ProgramServicesAmt |
| Management And General | $2,605,867 | ManagementAndGeneralAmt |
| Fundraising | $478,933 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $705,029 | TotalAmt |
| Program Services | $571,148 | ProgramServicesAmt |
| Management And General | $122,033 | ManagementAndGeneralAmt |
| Fundraising | $11,848 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,853,490 | TotalAmt |
| Program Services | $3,072,057 | ProgramServicesAmt |
| Management And General | $717,848 | ManagementAndGeneralAmt |
| Fundraising | $63,585 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,779,520 | TotalAmt |
| Program Services | $1,407,244 | ProgramServicesAmt |
| Management And General | $343,270 | ManagementAndGeneralAmt |
| Fundraising | $29,006 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $176,014 | TotalAmt |
| Management And General | $176,014 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,677 | TotalAmt |
| Management And General | $190,677 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,614 | TotalAmt |
| Management And General | $13,614 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,027 | TotalAmt |
| Management And General | $96,027 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,277,317 | TotalAmt |
| Program Services | $1,494,826 | ProgramServicesAmt |
| Management And General | $711,385 | ManagementAndGeneralAmt |
| Fundraising | $71,106 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $938,124 | TotalAmt |
| Program Services | $933,901 | ProgramServicesAmt |
| Management And General | $2,638 | ManagementAndGeneralAmt |
| Fundraising | $1,585 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $980,229 | TotalAmt |
| Program Services | $884,840 | ProgramServicesAmt |
| Management And General | $62,098 | ManagementAndGeneralAmt |
| Fundraising | $33,291 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,120,833 | TotalAmt |
| Program Services | $1,978,554 | ProgramServicesAmt |
| Management And General | $111,362 | ManagementAndGeneralAmt |
| Fundraising | $30,917 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,649,917 | TotalAmt |
| Program Services | $3,129,529 | ProgramServicesAmt |
| Management And General | $441,209 | ManagementAndGeneralAmt |
| Fundraising | $79,179 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $760,467 | TotalAmt |
| Program Services | $657,670 | ProgramServicesAmt |
| Management And General | $74,399 | ManagementAndGeneralAmt |
| Fundraising | $28,398 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $384,127 | TotalAmt |
| Program Services | $360,414 | ProgramServicesAmt |
| Management And General | $17,804 | ManagementAndGeneralAmt |
| Fundraising | $5,909 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $846,688 | TotalAmt |
| Program Services | $669,603 | ProgramServicesAmt |
| Management And General | $163,250 | ManagementAndGeneralAmt |
| Fundraising | $13,835 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,871,215 | TotalAmt |
| Program Services | $3,852,399 | ProgramServicesAmt |
| Management And General | $939,221 | ManagementAndGeneralAmt |
| Fundraising | $79,595 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $603,618 | TotalAmt |
| Program Services | $477,918 | ProgramServicesAmt |
| Management And General | $115,880 | ManagementAndGeneralAmt |
| Fundraising | $9,820 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD SERVICES | $2,351,021 | $2,291,551 | $35,765 | $23,705 |
| BAD DEBTS | $795,728 | $795,728 | ||
| MEMBERSHIPS & LICENSES | $764,386 | $589,481 | $160,150 | $14,755 |
| RECRUITING | $393,265 | $393,265 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,301,920 | TotalAmt |
| Program Services | $2,271,165 | ProgramServicesAmt |
| Fundraising | $30,755 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,503,550 | TotalAmt |
| Program Services | $76,728,336 | ProgramServicesAmt |
| Management And General | $7,768,992 | ManagementAndGeneralAmt |
| Fundraising | $1,006,222 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $914,009 | BOYAmt |
| EOY | $4,178,145 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,377,549 | BOYAmt |
| EOY | $3,435,042 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,105,906 | BOYAmt |
| EOY | $1,484,368 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,910,748 | BOYAmt |
| EOY | $3,485,502 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,521 | BOYAmt |
| EOY | $10,854 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $555,701 | BOYAmt |
| EOY | $563,069 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $121,932,318 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $56,250,655 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,977,015 | BOYAmt |
| EOY | $65,681,663 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,351,210 | BOYAmt |
| EOY | $16,171,219 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,500 | BOYAmt |
| EOY | $451,293 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,210,159 | BOYAmt |
| EOY | $95,461,155 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,892,241 | BOYAmt |
| EOY | $5,283,733 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,979,850 | BOYAmt |
| EOY | $2,138,361 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $545,606 | BOYAmt |
| EOY | $514,454 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,572 | BOYAmt |
| EOY | $20,686 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,034,215 | BOYAmt |
| EOY | $27,366,012 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,493,484 | BOYAmt |
| EOY | $35,323,246 | 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 | $50,624,937 | BOYAmt |
| EOY | $47,846,666 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,091,738 | BOYAmt |
| EOY | $12,291,243 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,716,675 | BOYAmt |
| EOY | $60,137,909 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,210,159 | BOYAmt |
| EOY | $95,461,155 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$3,811,772 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,233,006 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 |
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 | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $13,614 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $13,614 | 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 UNIVERSITY PAYS DUES TO THE INDEPENDENT COLLEGE FUND OF NEW JERSEY, A PORTION OF WHICH ARE USED FOR LOBBYING. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,212,885 | BeginningYearBalanceAmt |
| Contributions | $38,145 | ContributionsAmt |
| Investment Earnings Or Losses | $1,686,550 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $646,019 | GrantsOrScholarshipsAmt |
| Other Expenditures | $349,832 | OtherExpendituresAmt |
| End Year Balance | $15,941,729 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,905,017 | BeginningYearBalanceAmt |
| Contributions | $37,878 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,131,211 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $283,137 | GrantsOrScholarshipsAmt |
| Other Expenditures | $315,662 | OtherExpendituresAmt |
| End Year Balance | $15,212,885 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,818,148 | BeginningYearBalanceAmt |
| Contributions | $1,481 | ContributionsAmt |
| Investment Earnings Or Losses | $3,718,914 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $270,428 | GrantsOrScholarshipsAmt |
| Other Expenditures | $363,098 | OtherExpendituresAmt |
| End Year Balance | $17,905,017 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,102,821 | BeginningYearBalanceAmt |
| Contributions | $224,437 | ContributionsAmt |
| Investment Earnings Or Losses | $1,088,575 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $246,072 | GrantsOrScholarshipsAmt |
| Other Expenditures | $351,613 | OtherExpendituresAmt |
| End Year Balance | $14,818,148 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,706,268 | BeginningYearBalanceAmt |
| Contributions | $2,583 | ContributionsAmt |
| Investment Earnings Or Losses | $984,077 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $232,729 | GrantsOrScholarshipsAmt |
| Other Expenditures | $357,378 | OtherExpendituresAmt |
| End Year Balance | $14,102,821 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.40021 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.59979 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,361,945 | OtherCostOrOtherBasisAmt |
| Book Value | $1,361,945 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $91,077,112 | OtherCostOrOtherBasisAmt |
| Depreciation | $36,106,813 | DepreciationAmt |
| Book Value | $54,970,299 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,975,793 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,894,415 | DepreciationAmt |
| Book Value | $4,081,378 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,517,468 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,249,427 | DepreciationAmt |
| Book Value | $5,268,041 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $65,681,663 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| NOTES PAYABLE TO RELATED PARTY | $24,441,402 |
| LEASE LIABILITY | $2,912,110 |
| SECURITY DEPOSITS | $12,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $27,366,012 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $53,614,703 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,233,006 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $260,504 | OtherRevenueAmt |
| Revenue Not Reported | $1,493,510 | RevenueNotReportedAmt |
| Revenue Subtotal | $52,121,193 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $96,027 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $29,474,558 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $29,570,585 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $81,691,778 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $56,193,469 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $260,504 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $260,504 | ExpensesNotReportedAmt |
| Expenses Subtotal | $55,932,965 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $96,027 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $29,474,558 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $29,570,585 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $85,503,550 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | ENDOWMENT FUNDS ARE USED TO FURTHER THE UNIVERSITY'S EXEMPT PURPOSE. |
| PART X, LINE 2: | THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF THE NEW JERSEY STATE INCOME TAX LAWS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE UNIVERSITY HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2023. THE UNIVERSITY'S FEDERAL AND STATE TAX FILINGS PRIOR TO FISCAL YEAR 2020 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE UNIVERSITY RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS OPERATING EXPENSES AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCRUED EXPENSES IN THE STATEMENT OF FINANCIAL POSITION. THERE WAS NO INTEREST AND PENALTIES PAID FOR THE YEAR ENDED JUNE 30, 2023. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | DIRECT FUNDRAISING EVENT EXPENSES 36,121. DIRECT RENTAL EXPENSES 224,383. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND OTHER ASSISTANCE 29,474,558. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | DIRECT FUNDRAISING EVENT EXPENSES 36,121. DIRECT RENTAL EXPENSES 224,383. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND OTHER ASSISTANCE 29,474,558. |
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 | 0 | 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 (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE UNIVERSITY PUBLISHES ITS NONDISCRIMINATORY POLICY ON ITS WEBSITE AT HTTPS://FELICIAN.EDU/CAMPUS-LIFE/CAMPUS-SAFETY/ANTI-DISCRIMINA TION-POLICY/. |
| SCHEDULE E, PART I, LINE 6 | FELICIAN UNIVERSITY RECEIVES FEDERAL AND STATE AID TO ASSIST OUR STUDENTS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GREEN & GOLD GOLF | Event1Nm |
| Gross Receipts Event1 | $26,229 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $24,100 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $2,129 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $6,186 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $18,615 | OtherDirectExpensesEvent1Amt |
| Event2 | HALL OF FAME | Event2Nm |
| Gross Receipts Event2 | $8,024 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $5,590 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $2,434 | GrossRevenueEvent2Amt |
| Entertainment Event2 | $11,320 | EntertainmentEvent2Amt |
| Gross Receipts Total | $34,253 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $29,690 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $4,563 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $6,186 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $11,320 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $18,615 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $36,121 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$31,558 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| SCHOLARSHIPS | 1726 | $26,440,044 |
| MERIT AWARDS | 683 | $1,190,353 |
| RESTRICTED SCHOLARSHIPS | 396 | $420,804 |
| TUITION DISCOUNT | 152 | $666,447 |
| HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) GRANTS | 171 | $183,319 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY HAS WRITTEN POLICIES REGARDING THE AWARDING OF SPECIFIC GRANTS AND SCHOLARSHIP FUNDS. SELECTION CRITERIA AND ELIGIBILITY IS DETERMINED BASED ON THE TYPE, PURPOSE, AND/OR RESTRICTION OF THE AWARD. ALL FINANCIAL ASSISTANCE IS AWARDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. AWARDS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES W CRAWFORD III | ||||||||||||||
| PRESIDENT TO APR 2023 | $363,000 | $0 | $0 | $0 | $15,600 | $0 | $12,200 | $0 | $40,206 | $0 | $431,006 | $0 | $0 | $0 |
| THOMAS TRUCHAN | ||||||||||||||
| VICE PRESIDENT OF FINANCE & CFO | $179,159 | $0 | $0 | $0 | $0 | $0 | $7,492 | $0 | $24,567 | $0 | $211,218 | $0 | $0 | $0 |
| CHRISTINE MIHAL | ||||||||||||||
| DEAN OF SCHOOL OF NURSING | $174,786 | $0 | $0 | $0 | $0 | $0 | $6,220 | $0 | $21,713 | $0 | $202,719 | $0 | $0 | $0 |
| PRISCILLA KLYMENKO | ||||||||||||||
| VICE PRESIDENT OF ENROLLMENT MGT. | $149,923 | $0 | $0 | $0 | $0 | $0 | $6,692 | $0 | $44,115 | $0 | $200,730 | $0 | $0 | $0 |
| DAVID TURI | ||||||||||||||
| ASSOCIATE DEAN OF BUSINESS | $161,436 | $0 | $0 | $0 | $0 | $0 | $4,071 | $0 | $11,042 | $0 | $176,549 | $0 | $0 | $0 |
| ANTHONY SCARDINO | ||||||||||||||
| ASSOCIATE DEAN OF BUSINESS | $166,475 | $0 | $0 | $0 | $0 | $0 | $3,631 | $0 | $756 | $0 | $170,862 | $0 | $0 | $0 |
| MILDRED A MIHLON PHD | ||||||||||||||
| ACTING PRES. AS OF APR 2023, DEAN | $153,550 | $0 | $0 | $0 | $0 | $0 | $5,642 | $0 | $9,976 | $0 | $169,168 | $0 | $0 | $0 |
| STEPHANIE MCGOWAN | ||||||||||||||
| DEAN OF SCHOOL OF EDUC. TO JUN 2023 | $158,635 | $0 | $0 | $0 | $0 | $0 | $5,800 | $0 | $683 | $0 | $165,118 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE PRESIDENT OF THE UNIVERSITY IS PROVIDED HOUSING AS REQUIRED AS A CONDITION OF EMPLOYMENT. THE FAIR RENTAL VALUE OF THE HOUSING AND UTILITIES PAID BY THE UNIVERSITY IS $40,206 IS TREATED AS NONTAXABLE AND IS INCLUDED IN THE AMOUNT REPORTED ON SCHEDULE J, PART II, COLUMN D. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY | |||||||
| A | 221829511 | 2014-04-29 | $465,517 | CAPITAL IMPROVEMENTS | 0 | 0 | 0 |
| NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY | |||||||
| B | 221829511 | 2016-12-20 | $250,000 | CAPITAL IMPROVEMENTS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|
| A | $146,843 | $465,517 | $465,517 | 2015 | 0 | 0 | Yes (1) | Yes (1) |
| B | $54,220 | $250,000 | $250,000 | 2018 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $2,319,908 | SERVICES | 0 |
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $1,050,934 | SERVICES | 0 |
| ANTHONY SCARDINO | |||
| TRUSTEE'S SON | $162,202 | EMPLOYMENT | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE CONSISTS OF THE PRESIDENT, THE CHAIRPERSON, A DESIGNEE OF THE SOLE MEMBER, AND OTHER MEMBERS OF THE BOARD APPROVED BY THE BOARD. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO EXERCISE ALL THE POWER OF THE BOARD, EXCEPT TO (A) SUBMIT TO THE SOLE MEMBER ANY ACTION THAT REQUIRES THE SOLE MEMBER'S APPROVAL; AND (B) AMEND OR REPEAL ANY RESOLUTION PREVIOUSLY ADOPTED BY THE BOARD. THE ACTION OF THE EXECUTIVE COMMITTEE MUST BE REPORTED AT THE FIRST REGULAR MEETING OF THE BOARD WHICH FOLLOWS THE ACTION OF THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE UNIVERSITY'S SOLE MEMBER IS FELICIAN SERVICES, INC., A 501(C)(3) ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE SOLE MEMBER, FELICIAN SERVICES, INC., APPOINTS ALL MEMBERS OF THE BOARD OF TRUSTEES, |
| FORM 990, PART VI, SECTION A, LINE 7B | THE SOLE MEMBER SHALL HAVE THE SOLE AUTHORITY TO INITIATE AND APPROVE ACTIONS AS FOLLOWS: (A) TO ADOPT, ALTER, AMEND, OR REPEAL THE CERTIFICATE OF INCORPORATION OR THE BYLAWS OF THE CORPORATION AFTER CONSULTATION WITH THE BOARD; (B) TO ADOPT OR REVISE THE STATEMENTS OF PHILOSOPHY, MISSION, OR PURPOSE OF THE CORPORATION AFTER CONSULTATION WITH THE BOARD; (C) TO MERGE, CONSOLIDATE, DISSOLVE, OR OTHERWISE CHANGE THE CORPORATE STRUCTURE OF THE CORPORATION AFTER CONSULTATION WITH THE BOARD; (D) TO AUTHORIZE THE SALE, LEASE, EXCHANGE, OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION AFTER CONSULTATION WITH THE BOARD; (E) TO AUTHORIZE THE CORPORATION TO INCUR ANY INDEBTEDNESS (OTHER THAN TRADE OBLIGATIONS INCURRED IN THE REGULAR COURSE OF BUSINESS), GUARANTEE ANY INDEBTEDNESS OF ANOTHER ENTITY, OR ALLOW ANY PROPERTY OF THE CORPORATION TO SECURE ANY INDEBTEDNESS AFTER CONSULTATION WITH THE BOARD; (F) TO APPROVE THE PURCHASE, TRANSFER, SALE, LONG-TERM LEASE, OR ENCUMBRANCE OF ANY REAL PROPERTY OWNED BY THE CORPORATION AFTER CONSULTATION WITH THE BOARD; (G) TO APPROVE THE CREATION OF, OR THE PURCHASE OF AN EQUITY INTEREST IN, ANY LEGAL ENTITY, OR TO APPROVE ENTERING INTO ANY PARTNERSHIP OR JOINT VENTURE (REGARDLESS OF ITS LEGAL FORM), OTHER THAN PASSIVE INVESTMENTS BY THE CORPORATION; (H) TO APPROVE, UPON RECOMMENDATION OF THE BOARD, AN ANNUAL OPERATING BUDGET, AND ANY CAPITAL BUDGET, OF THE CORPORATION; (I) TO APPROVE ANY UNBUDGETED OPERATING OR CAPITAL EXPENDITURES IN EXCESS OF $100,000 AFTER CONSULTATION WITH THE BOARD; J) TO APPOINT, ELECT, OR REMOVE MEMBERS OF THE BOARD (EACH A"TRUSTEE"), WITH OR WITHOUT CAUSE, OR DETERMINE THE NUMBER OF TRUSTEES OF THE CORPORATION AFTER CONSULTATION WITH THE BOARD; (K) TO APPOINT AND REMOVE, WITH OR WITHOUT CAUSE, THE CHAIRPERSON OF THE BOARD (THE "CHAIRPERSON") AFTER CONSULTATION WITH THE BOARD; (1) TO APPOINT, ELECT, OR REMOVE, WITH OR WITHOUT CAUSE, THE OFFICERS OF THE CORPORATION; (M) TO APPROVE, UPON RECOMMENDATION OF THE BOARD, THE SELECTION OF THE INDEPENDENT AUDITORS OF THE CORPORATION; (N) TO ASSURE THAT ALL ACTIONS OF THE CORPORATION ARE CONSISTENT WITH THE PURPOSES OF THE CONGREGRATION OF THE SISTERS OF ST. FELIX OF CANTALICE; (O) TO CARRY OUT PERIODIC EVALUATIONS OF THE CORPORATION AND TO OTHERWISE MONITOR THE ACCOMPLISHMENT OF THE GOALS AND THE ADHERENCE TO THE PHILOSOPHY OF THE CORPORATION; (P) TO APPROVE, UPON RECOMMENDATION OF THE BOARD, THE LONG-TERM AND STRATEGIC PLANS OF THE CORPORATION; (Q) TO APPROVE ANY ACTS OF EXTRAORDINARY ADMINISTRATION UNDER THE CANON LAW OF THE ROMAN CATHOLIC CHURCH; AND (R) TO AUTHORIZE THE BOARD TO AWARD HONORARY DEGREES, AFTER CONSULTATION WITH THE BOARD, AND IN TESTIMONY THEREOF GIVE SUITABLE DIPLOMAS AND CERTIFICATES, UNDER THE SEAL AND THE SIGNATURE OF SUCH OFFICERS OF THE CORPORATION AND THE SOLE MEMBER AS THEY SHALL DEEM EXPEDIENT. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE UNIVERSITY PROVIDES A COMPLETED FORM 990 TO ALL TRUSTEES WITH A SUFFICIENT AMOUNT OF TIME TO REVIEW PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY APPLIES TO ALL TRUSTEES AND OFFICERS OF THE UNIVERSITY AND MEMBERS OF COMMITTEES WITH BOARD DESIGNATED POWERS. AFTER DISCLOSING A POTENTIAL CONFLICT TO THE BOARD OR COMMITTEE, 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 BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. IF APPROPRIATE, THE CHAIR OF THE BOARD OR COMMITTEE MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE UNIVERSITY'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE UNIVERSITY AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. EACH TRUSTEE ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. THE CONFLICT OF INTEREST POLICY INCLUDES A DUTY TO DISCLOSE POTENTIAL CONFLICTS AS THEY ARISE. |
| FORM 990, PART VI, SECTION B, LINE 15 | FORM 990, PART VI, SECTION B, LINE 15A: THE PRESIDENT'S COMPENSATION WAS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD PRIOR TO HIS HIRING IN 2021. AN EXECUTIVE COMPENSATION CONSULTING FIRM PROVIDED COMPENSATION INFORMATION FOR THE POSITION OF PRESIDENT OF A GROUP OF COLLEGES AND UNIVERSITIES SIMILARLY SITUATED TO FELICIAN UNIVERSITY BASED ON THE SIZE OF THE INSTITUTION, NUMBER OF STUDENTS, POPULATION, ANNUAL REVENUES, FUNDING, AND GEOGRAPHIC LOCATION. THE COMPENSATION INFORMATION CAME FROM SOURCES INCLUDING THE FORMS 990 FILED BY THE PEER GROUP INSTITUTIONS, SALARY DATA ON WEBSITES, AND OTHER INFORMATION IN THE COMPENSATION CONSULTANT'S DATABASE. THE DELIBERATION AND DECISION WAS TIMELY DOCUMENTED IN THE MINUTES OF THE COMPENSATION COMMITTEE MEETING. FORM 990, PART VI, SECTION B, LINE 15B: THE PRESIDENT DETERMINES THE COMPENSATION FOR ALL THE OFFICERS AND TOP MANAGEMENT, SUBJECT TO APPROVAL BY THE COMPENSATION COMMITTEE. COMPENSATION AT PEER INSTITUTIONS AND DATA PROVIDED BY A COMPENSATION CONSULTANT ARE USED TO DETERMINE COMPENSATION FOR EACH EMPLOYMENT POSITION. THE DELIBERATION AND DECISION WAS TIMELY DOCUMENTED IN THE MINUTES OF THE COMPENSATION COMMITTEE MEETING. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE UNIVERSITY MAINTAINS A PROCEDURE WHERE ANY PERSON REQUESTING INFORMATION ON THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS WILL BE REFERRED TO THE OFFICE OF THE PRESIDENT. OFFICE OF THE PRESIDENT WILL DOCUMENT THE REQUEST AND WITHIN A REASONABLE AMOUNT OF TIME, MAKE COPIES AVAILABLE TO THE REQUESTOR IF APPROPRIATE. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FELICIAN SERVICES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3800 W PETERSON AVENUE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60659 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363685438 | EIN |
| Primary Activities | SUPPORT SPONSORED MINISTRIES OF FELICIAN SISTERS' OUR LADY OF HOPE PROVINCE | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 1 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CONGREGATION OF THE SISTERS OF ST FELIX OF CANTALICE OUR LADY OF HOPE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| 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 | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | 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 | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | 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 | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |