2025-04-02T08:41:05+00:00 2024-05-31 440160260 Forvis Mazars LLP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2023-06-01 340714681 John Carroll University JOHN 2163971886 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 ROBERT CONNORS VP FINANCE AND ADMIN 2163971886 2025-04-02 true true Lauren Denton P01571860 2604604000 2025-04-02 2023 2025-03-06 01:10:19Z ALAN R MICIAK PHD 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 180799296 false X https://www.jcu.edu X 1886 OH AS ONE OF 28 JESUIT CATHOLIC UNIVERSITIES IN THE USA, JOHN CARROLL UNIVERSITY'S MISSION IS TO INSPIRE INDIVIDUALS TO EXCEL IN LEARNING, LEADERSHIP, AND SERVICE. 50 48 1913 825 -57055 0 16933764 18887740 137138601 132194547 7370302 20260653 813416 -281516 162256083 171061424 66858723 64720422 0 0 53017150 55364524 0 2965517 49451408 50776242 169327281 170861188 -7071198 200236 584327156 602686700 198320988 199359867 386006168 403326833 AS A JESUIT CATHOLIC UNIVERSITY COMMITTED TO ACADEMIC RIGOR, INCLUSIVE EXCELLENCE, AND CARE FOR THE WHOLE PERSON, JOHN CARROLL UNIVERSITY INSPIRES INDIVIDUALS OF INTELLECT AND CHARACTER TO LEARN, LEAD AND SERVE IN THE COMMUNITY AND THROUGHOUT THE WORLD. false false 157905819 64720422 132194547 SEE SCHEDULE O 157905819 true true false false false false true false true true true false false true false false true true false true false false false false false false false true true true false false false false false false false false false true true false false false true false false false false true 3454 0 true 1913 true true true false false false false true true false false false false false false X 50 48 false false false false true true true true true false false false true true true true true true true false X ROBERT F CONNORS 2163971886 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 Alan Miciak President 50.0 0.0 X X 444376 0 40528 Nancy Benacci Vice Chair of Board 1.0 0.0 X X 0 0 0 William Donnelly Chair of Board 1.0 0.0 X X 0 0 0 Annmarie Lyons Director 1.0 0.0 X 0 0 0 Anthony Mazzella Director 1.0 0.0 X 0 0 0 Anthony Tricarichi Director 1.0 0.0 X 0 0 0 Ara Bagdasarian Director 1.0 0.0 X 0 0 0 Barbara Brown Director 1.0 0.0 X 0 0 0 Barbara Duganier Director 1.0 0.0 X 0 0 0 Brian Mortellaro Director 1.0 0.0 X 0 0 0 Bruce Jarosz Director 1.0 0.0 X 0 0 0 Bruce Luecke Director 1.0 0.0 X 0 0 0 Carol Simon Director 1.0 0.0 X 0 0 0 Christine Kramer Director 1.0 0.0 X 0 0 0 Daniel Sansone Director 1.0 0.0 X 0 0 0 Edward III Cooper Director 1.0 0.0 X 0 0 0 Eric Beck Director 1.0 0.0 X 0 0 0 George Sample Director 1.0 0.0 X 0 0 0 Gregory Muresan Director 1.0 0.0 X 0 0 0 Gregory Skoda Director 1.0 0.0 X 0 0 0 Hal Jr Hawk Director 1.0 0.0 X 0 0 0 Holly Perzy Director 1.0 0.0 X 0 0 0 Howard III Hanna Director 1.0 0.0 X 0 0 0 James Coyne Director 1.0 0.0 X 0 0 0 James Jr Winchester Director 1.0 0.0 X 0 0 0 James Meathe Director 1.0 0.0 X 0 0 0 James Myers Director 1.0 0.0 X 0 0 0 Jane Lambesis Director 1.0 0.0 X 0 0 0 Jason Therrien Director 1.0 0.0 X 0 0 0 Jeffrey Paravano Director 1.0 0.0 X 0 0 0 John Dempsey Director 1.0 0.0 X 0 0 0 John Mastrantoni Director 1.0 0.0 X 0 0 0 Kevin Embach Director 1.0 0.0 X 0 0 0 Linda Meglin Director 1.0 0.0 X 0 0 0 Lisa Zone Director 1.0 0.0 X 0 0 0 London Fletcher Director 1.0 0.0 X 0 0 0 Michael Jr Petras Director 1.0 0.0 X 0 0 0 Michael Keresman Director 1.0 0.0 X 0 0 0 Mike Covey Director 1.0 0.0 X 0 0 0 Paul Voinovich Director 1.0 0.0 X 0 0 0 Rev Mark Henninger Director 1.0 0.0 X 0 0 0 Rev Martin Connell Director 1.0 0.0 X 0 0 0 Richard Adams Director 1.0 0.0 X 0 0 0 Rita Carroll Director 1.0 0.0 X 0 0 0 Ronald Denewith Director 1.0 0.0 X 0 0 0 Sean Nolan Director 1.0 0.0 X 0 0 0 Teresa Lewandowski Director 1.0 0.0 X 0 0 0 Terrence Ferus Director 1.0 0.0 X 0 0 0 Timothy Cavanagh Director 1.0 0.0 X 0 0 0 Victor Alexander Director 1.0 0.0 X 0 0 0 Bonnie Gunzenhauser Interim VP of Academic Affairs 50.0 0.0 X 232169 0 23862 CAROLYN SORG VP FOR ENROLLMENT MANAGEMENT 50.0 0.0 X 119783 0 7514 Colleen Treml General Counsel 50.0 0.0 X 197125 0 13074 Edward Peck VP for Univ Mission & Identity 50.0 0.0 X 141173 0 35414 NAOMI SIGG VP OF STUDENT EXPERIENCE & CAMPUS BELONGING 50.0 0.0 X 149732 0 18210 Richard Daly VP for University Advancement 50.0 0.0 X 321900 0 45123 Robert Connors VP Finance & Administration 50.0 0.0 X 227789 0 40286 SHERRI CRAHEN VP FOR STUDENT AFFAIRS (END 10/2023) 50.0 0.0 X 128220 0 16300 Elad Granot Dean of Boler College 50.0 0.0 X 270196 0 43084 Melissa Cole Dean of the College of Health 50.0 0.0 X 265941 0 42523 Albert Nagy Professor 40.0 0.0 X 214201 0 39179 Jeremiah Swetel AVP Facilities & Auxiliary Svc 50.0 0.0 X 191630 0 37917 Steven Herbert Professor 40.0 0.0 X 293584 0 37991 WALTER SIMMONS PROFESSOR 40.0 0.0 X 198150 0 31301 William Elliott Professor 40.0 0.0 X 248414 0 34613 3644383 0 506919 74 true true false Walsh Construction Company II LLC 3031 West Grand Blvd Ste 640 Detroit MI 48202 Construction 12776613 The Krill Co Inc 1275 Main Ave Cleveland OH 44113 Construction 6571375 EATN PARK HOSPITALITY GROUP PO Box 644091 Pittsburgh PA 15264 Food Service 5284928 Bostwick Design Partnership 2729 Prospect Avenue Cleveland OH 44115 Architect Fees 3319650 ABM PO Box 643823 Pittsburgh PA 152643823 Janitorial Service 2209861 78 1958706 16929034 3192491 18887740 TUITION & FEES 611600 113806065 113806065 RESIDENCE AND DINING FEES 611710 16987856 16987856 OTHER 611710 1400626 1400626 0 0 0 0 132194547 3559352 3559352 103658 103658 3634710 3962829 -328119 0 -328119 -328119 22476344 5775043 16701301 0 16701301 16701301 OTHER 531120 367 367 GREEN EQUITY INVESTORS VII LP 531120 38 38 LEXINGTON MIDDLE MARKET INVESTORS 531120 -800 -800 -56660 0 -56660 0 -57055 171061424 132194547 -57055 20036192 64720422 64720422 2283825 1932937 259598 91290 0 0 37486083 31726703 4260977 1498403 2330936 1972810 264953 93173 10395964 8798723 1181691 415550 2867716 2427119 325968 114629 367342 367342 159902 159902 134400 134400 1454849 1454849 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10468308 4151417 1047436 286479073 271247678 3018513 767947 7598422 3920490 919609 262595617 289408515 10092915 -17015372 6959062 3519723 759595 271247678 228659697 3428065 68315594 6756588 3443931 794322 289408515 223538691 4403762 11624404 6713648 3448115 745397 228659697 0.2667 0.5022 0.2311 true false 10766228 5436701 16202929 24084014 276280742 127243415 173121341 77835570 54636612 23198958 213812 64177996 27358992 37032816 249556044 MULTI-STRATEGY FUNDS 40819650 F HEDGED EQUITY FUNDS 55439992 F PRIVATE EQUITY FUNDS 15314318 F 111573960 ASSET RETIREMENT OBLIGATIONS 3606148 REFUNDABLE FEDERAL STUDENT LOANS 412102 4018250 X 125588860 16701225 4382033 21083258 104505602 1454849 65100973 66555822 171061424 108268195 3962829 3962829 104305366 1454849 65100973 66555822 170861188 Schedule D, Part III, Line 1a THE UNIVERSITY HAS ELECTED NOT TO CAPITALIZE THE COST OR VALUE OF ITS COLLECTION OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS. THERE WERE NO DEACCESSIONS DURING THE YEAR. Schedule D, Part III, Line 4 Collections of art - description of collections THE UNIVERSITY MAINTAINS A COLLECTION OF BOOKS, JOURNALS, ART, UNIVERSITY ARCHIVAL MATERIALS, MANUSCRIPTS AND ELECTRONIC RESOURCES. THESE ITEMS ARE HOUSED AND MADE AVAILABLE PRIMARILY THROUGH THE GRASSELLI LIBRARY AND BREEN LEARNING CENTER AS ESSENTIAL RESOURCES FOR THE EDUCATIONAL EXPERIENCE OF OUR STUDENTS. Schedule D, Part V, Line 4 Intended uses of endowment funds THE UNIVERSITY'S ENDOWMENT FUNDS ARE INVESTED AND A PORTION OF THE INCOME EARNED IS USED TO SUPPORT SCHOLARSHIPS, PROGRAMS, FACULTY WORK, OR A SPECIFIC AREA DESIGNATED BY THE DONOR. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. 1886 COMPANY, LTDL, IGNATIUS, LLC, LOYOLA, LLC, MANRESA, LLC, INIGO, LLC AND CURA PERSONALIS, LLC ARE WHOLLY-OWNED LIMITED LIABILITY COMPANIES THAT HAVE ELECTED TO BE TREATED AS DISREGARDED ENTITIES FOR U.S. TAX PURPOSES. MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. UNDER PROVISIONS OF THE INTERNAL REVENUE CODE, THE UNIVERSITY IS EXEMPT FROM TAXES ON INCOME, OTHER THAN UNRELATED BUSINESS INCOME UNDER CODE SECTION 501(C)(3). THE UNIVERSITY HAD NO MATERIAL NET UNRELATED BUSINESS INCOME DURING THE YEARS ENDED MAY 31, 2024 AND 2023, AND THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN MADE. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 RENTAL EXPENSE RECLASS - 3962829 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - 419204 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements STUDENT FINANCIAL AID & SCHOLARSHIPS - 64720422 OTHER EXPENSE - 380551 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 RENTAL EXPENSE RECLASS - 3962829 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements STUDENT FINANCIAL AID & SCHOLARSHIPS - 64720422 OTHER EXPENSE - 380551 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE PRESIDENT SENDS OUT A NOTICE ANNUALLY TO ALL FACULTY, STAFF AND STUDENTS PROVIDING A LINK TO THE POLICY IN A COMPLIANCE NOTICE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE UNIVERSITY RECEIVES FEDERAL STUDENT FINANCIAL AID ASSISTANCE FOR THE BENEFIT OF ITS STUDENTS FROM VARIOUS FEDERAL AGENCIES. THESE INCLUDE THE DEPARTMENT OF EDUCATION WHICH PROVIDES FUNDS FOR FEDERAL WORK STUDY, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, AND FAMILY EDUCATIONAL LOAN PROGRAM. THE UNIVERSITY ALSO RECEIVES FEDERAL RESEARCH GRANTS FROM THE NATIONAL SCIENCE FOUNDATION, DEPARTMENT OF EDUCATION AND THE DEPARTMENT OF HEALTH AND HUMAN SERVICES. false Central America and the Caribbean 0 0 Program Services STUDY ABROAD 2986 East Asia and the Pacific 0 0 Program Services STUDY ABROAD 1696 Europe (Including Iceland and Greenland) 0 0 Program Services STUDY ABROAD 521384 Middle East and North Africa 0 0 Program Services STUDY ABROAD 734 North America (Canada & Mexico only) 0 0 Program Services STUDY ABROAD 4765 South America 0 0 Program Services STUDY ABROAD 9052 South Asia 0 0 Program Services STUDY ABROAD 2917 Sub-Saharan Africa 0 0 Program Services STUDY ABROAD 2609 South America 0 0 Investments 1664964 Europe (Including Iceland and Greenland) 0 0 Investments 31157931 East Asia and the Pacific 0 0 Investments 18196759 Middle East and North Africa 0 0 Investments 832482 Central America and the Caribbean 0 0 Investments 21503233 0 0 0 0 0 0 73901512 0 73901512 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual true SCHOLARSHIPS AND GRANTS 2584 64720422 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE UNIVERSITY AWARDS SCHOLARSHIPS AND GRANTS BASED ON SUPERIOR ACADEMIC ACHIEVEMENT AND DEMONSTRATED FINANCIAL NEED. INDIVIDUALS RECEIVING AWARDS FROM JOHN CARROLL UNIVERSITY ARE CHOSEN BASED UPON OBJECTIVE AND NON DISCRIMINATORY CRITERIA WHICH ARE CONSISTENT WITH THE OVERALL TAX-EXEMPT PURPOSE OF THE UNIVERSITY. X true true X X X X false false false false false false false false false Alan Miciak President 400000 0 0 0 44376 0 21450 0 19078 0 484904 0 0 0 Robert Connors VP Finance & Administration 226875 0 0 0 914 0 14747 0 25539 0 268075 0 0 0 Edward Peck VP for Univ Mission & Identity 139987 0 0 0 1186 0 9799 0 25615 0 176587 0 0 0 Richard Daly VP for University Advancement 295131 0 17500 0 9269 0 19489 0 25634 0 367023 0 0 0 Bonnie Gunzenhauser Interim VP of Academic Affairs 231234 0 0 0 935 0 15030 0 8832 0 256031 0 0 0 NAOMI SIGG VP OF STUDENT EXPERIENCE & CAMPUS BELONGING 149614 0 0 0 118 0 9725 0 8485 0 167942 0 0 0 Colleen Treml General Counsel 195973 0 0 0 1152 0 12738 0 336 0 210199 0 0 0 Elad Granot Dean of Boler College 269125 0 0 0 1071 0 17493 0 25591 0 313280 0 0 0 Melissa Cole Dean of the College of Health 251789 0 14000 0 152 0 17276 0 25247 0 308464 0 0 0 Jeremiah Swetel AVP Facilities & Auxiliary Svc 191375 0 0 0 255 0 12439 0 25478 0 229547 0 0 0 Steven Herbert Professor 291715 0 0 0 1869 0 18961 0 19030 0 331575 0 0 0 William Elliott Professor 246143 0 0 0 2271 0 15999 0 18614 0 283027 0 0 0 WALTER SIMMONS PROFESSOR 196056 0 0 0 2094 0 13724 0 17577 0 229451 0 0 0 Albert Nagy Professor 212713 0 0 0 1488 0 14890 0 24289 0 253380 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use ALAN MICIAK, PRESIDENT OF THE UNIVERSITY, LIVES IN A RESIDENCE CONTIGUOUS TO THE UNIVERSITY AND THE VALUE OF THAT ARRANGEMENT IS INCLUDED IN HIS TAXABLE INCOME. Schedule J, Part III OTHER ADDITIONAL INFORMATION ON JULY 1, 2008 THE UNIVERSITY ENACTED A QUALIFIED PRIVATE 457(B) DEFERRED COMPENSATION PLAN FOR CERTAIN EMPLOYEES WITH ANY EMPLOYER CONTRIBUTIONS TO BE MADE ON A DISCRETIONARY BASIS. THE UNIVERSITY MADE NO CONTRIBUTIONS TO THE 457 PLAN IN FISCAL 2024. ANY AND ALL CONTRIBUTIONS TO THE PLAN IN FISCAL YEAR 2024 WERE VOLUNTARY EMPLOYEE CONTRIBUTIONS. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DBZS 2016-02-01 22320000 REFUNDING OF THE 2006 BONDS false false false B OHIO HIGHER EDUCATION FACILITY COMMISSION 346849674 2020-10-01 33570000 REFINANCE MORTGAGE REMODEL DORMATION false false false C OHIO HIGHER EDUCATION FACILITY COMMISSION 346849674 2022-02-01 105555000 REFUND 2018 BOND, REMODEL DORM false false false A 22320000 305952 true true true true B 18435359 38637149 1501790 420368 1423991 true true false true C 16546795 119414178 52256205 8045874 705436 1950480 true false false true A false false false false 0.0 false false true B false false false false 0.0 false false true C false false false false 0.0 false false true A false false false true false false false false true B false true false false false false false false true C false true false false false false false false true A true B true C true JASON THERRIEN TRUSTEE 934500 BUSINESS TRANSACTION false Schedule L, Part IV JASON THERRIEN, BOARD MEMBER, OWNS 100% OF THUNDER TECH WHICH RECEIVED $934,500 IN PAYMENTS FROM JOHN CARROLL UNIVERSITY. X 14 3192491 Market value false true false Schedule M, Part I COLUMN B JOHN CARROLL UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN B OF SCHEDULE M, PART I. Form 990, Part I, Line 4 ALAN MICIAK IS A COMPENSATED BOARD MEMBER AND IS THEREFORE CONSIDERED A NONINDEPENDENT MEMBER. JASON THERRIEN IS NONINDEPENDENT DUE TO THE TRANSACTION DISCLOSED ON SCHEDULE L. Form 990, Part I, Line 6 A SIGNIFICANT NUMBER OF ALUMNI AND OTHER FRIENDS OF THE UNIVERSITY VOLUNTEER THEIR TIME ADVANCING THE MISSION OF THE UNIVERSITY AND HELPING ATTRACT STUDENTS TO ATTEND JOHN CARROLL. Form 990, Part III, Line 4a PROGRAM SERVICE FROM ITS MODEST ORIGIN IN 1886 AS SAINT IGNATIUS COLLEGE ON CLEVELAND'S NEAR WEST SIDE, JOHN CARROLL TODAY IS WIDELY RECOGNIZED AS A TRANSFORMATIVE UNIVERSITY THAT EXCELS IN UNDERGRADUATE AND POST-GRADUATE EDUCATION, ATTRACTING STUDENTS FROM 29 STATES AND 19 COUNTRIES. THE UNIVERSITY STRIVES TO DEVELOP EACH STUDENT AS A WHOLE PERSON - MIND, BODY, AND SOUL. AT THE SAME TIME, STUDENTS ARE CHALLENGED TO MAKE A DIFFERENCE IN THE WORLD THROUGH LEADERSHIP AND SERVICE. AS A JESUIT CATHOLIC UNIVERSITY, JOHN CARROLL OFFERS A RIGOROUS EDUCATION BASED ON A WELL-DEVELOPED LIBERAL ARTS CORE CURRICULUM, INCLUDING A VARIETY OF ACADEMIC PROGRAMS IN THE ARTS AND SCIENCES, AND EDUCATION. U.S. NEWS AND WORLD REPORT ANNUALLY RANKS JOHN CARROLL AMONG THE TOP 5 UNIVERSITIES IN THE MIDWEST THAT GRANT MASTER'S DEGREES, AND THE UNIVERSITY'S JOHN M. AND MARY JO BOLER COLLEGE OF BUSINESS HOLDS DUAL AACSB ACCREDITATION - AN INTERNATIONAL DISTINCTION AWARDED BY THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS PLACING IT IN THE TOP FIVE PERCENT OF BUSINESS SCHOOLS WORLDWIDE. A BLOOMBERG BUSINESSWEEK SURVEY OF EMPLOYERS RANKED THE BOLER SCHOOL OF BUSINESS NUMBER ONE IN THE NATION IN PREPARING STUDENTS FOR CAREERS. JOHN CARROLL CONSISTENTLY RANKS AS ONE OF THE TOP SCHOOLS IN THE MIDWEST FOR RETENTION RATES AND GRADUATION RATES, WHICH SIGNIFICANTLY EXCEEDS U.S. AND OHIO AVERAGES. THE UNIVERSITY'S 13:1 STUDENT/FACULTY RATIO ENSURES INDIVIDUAL ATTENTION AND AN INTERACTIVE EXPERIENCE. 85% OF ALL CLASSES HAVE FEWER THAN 30 STUDENTS WITH NO CLASS EXCEEDING 50 STUDENTS. THE UNIVERSITY EDUCATED 2,287 UNDERGRADUATE STUDENTS AND 486 GRADUATE STUDENTS; OFFERED 43 BACHELOR DEGREE MAJORS AND 22 GRADUATE SCHOOL PROGRAMS; AND CONFERRED 616 BACHELOR AND 226 MASTERS DEGREES IN THE 2023-2024 ACADEMIC YEAR. JOHN CARROLL IS RECOGNIZED FOR EXCELLENT RETENTION AND GRADUATION RATES. 85% OF JCU FRESHMEN RETURN AS SOPHOMORES, AND 69% OF JCUUNDERGRADS RECEIVE THEIR BACHELOR'S DEGREES IN FOUR YEARS, COMPARED WITH 53% OF OTHER FOUR-YEAR PRIVATE SCHOOLS NATIONWIDE, AND 33% OF FOUR-YEAR PUBLIC SCHOOLS. JOHN CARROLL UNIVERSITY HAS BEEN NAMED TO THE PRESIDENT'S HIGHER EDUCATION COMMUNITY SERVICE HONOR ROLL MULTIPLE TIMES. SERVICE TO OTHERS IS A DEFINING ELEMENTOF THE UNIVERSITY, WHERE MORE THAN TWO THIRDS OF THE STUDENT BODY PARTICIPATE IN SERVICE ACTIVITIES. STUDENTS HAVE MANY OPPORTUNITIES TO ENGAGE WITH THE LOCAL COMMUNITY FROM THE TIME THEY ARE FRESHMEN. OUR STUDENTS LEARN FROM DISTINGUISHED FACULTY WHO ARE EXPERTS IN THEIR RESPECTIVE FIELDS. 98% OF OUR 143 FULL-TIME TEACHING FACULTY MEMBERS HOLD DOCTORAL DEGREES OR THE TERMINAL DEGREE IN THEIR FIELD; NINE ARE FULBRIGHT FELLOWS. THE MAJORITY OF OUR FACULTY HAVE PUBLISHED BOOKS, ARTICLES, OR RECEIVED RESEARCH GRANTS IN THE PAST TWO YEARS. THE UNIVERSITY'S VARSITY SPORTS TEAMS COMPETE AT THE NCAA DIVISION III INTERCOLLEGIATE LEVEL AND HAVE WON OVER 100 LEAGUE TITLES AND HAVE PLACED AMONG THE TOP 10 DIVISION III SCHOOLS IN THE NATION ON SEVERAL OCCASIONS. MORE THAN 100 VARSITY ATHLETES HAVE BEEN NAMED DIVISION III ALL-AMERICANS WITH OVER 20 INDIVIDUAL NATIONAL CHAMPIONS, THREE NATIONAL PLAYERS OF THE YEAR AND ONE ACADEMIC ALL-AMERICAN OF THE YEAR. NEARLY 500 UNDERGRADUATES PARTICIPATE IN 24 VARSITY MEN'S AND WOMEN'S SPORTS. STUDENTS ALSO HAVE ACCESS TO INTRAMURAL SPORTS, CLUB SPORTS, AND OTHER FITNESS AND RECREATIONAL ACTIVITIES. JOHN CARROLL UNIVERSITY WELCOMES STUDENTS AND FACULTY FROM DIFFERENT RELIGIOUS BACKGROUNDS AND VALUE SYSTEMS IN THE BELIEF THAT THE EDUCATIONAL ENVIRONMENT WHICH THE UNIVERSITY PROVIDES IS ONE WHICH THESE STUDENTS AND FACULTY MAY FIND CONGENIAL, REWARDING, AND ENRICHED BY THEIR PRESENCE. WITHIN THIS ENVIRONMENT THERE IS CONCERN FOR THE HUMAN AND SPIRITUAL DEVELOPMENTAL NEEDS OF THE STUDENTS AND A DEEP RESPECT FOR THE FREEDOM AND DIGNITY OF THE HUMAN PERSON. A FACULTY NOT ONLY PROFESSIONALLY QUALIFIED, BUT ALSO STUDENT ORIENTED, CONSIDERS EXCELLENCE IN INTERPERSONAL RELATIONSHIPS AS WELL AS ACADEMIC ACHIEVEMENT AMONG ITS PRIMARY GOALS. Form 990, Part VI, Line 6 Classes of members or stockholders THE BOARD OF MEMBER OF JOHN CARROLL UNIVERSITY SHALL CONSIST OF: (1) THE PRESIDENT OF JOHN CARROLL UNIVERSITY, EX-OFFICIO MEMBER; (2) THE RECTOR OF THE JOHN CARROLL JESUIT COMMUNITY CORPORATION, EX-OFFICIO MEMBER; (3) TWO MEMBERS OF THE JOHN CARROLL JESUIT COMMUNITY CORPORATION ELECTED TO SERVE TWO YEAR STAGGERED TERMS, BY THOSE MEMBERS IN GOOD STANDING OF THE SOCIETY OF JESUS WHO ARE ASSIGNED TO THE JOHN CARROLL JESUIT COMMUNITY CORPORATION AND PROVIDE SERVICE TO OR HAVE BEEN RETIRED FROM THE UNIVERSITY. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE BOARD OF MEMBERS SHALL HAVE AND EXERCISE SUCH POWERS AND AUTHORITY PROVIDED UNDER APPLICABLE LAW AS ARE CONSISTENT WITH THE MISSION OF THE UNIVERSITY, INCLUDING WITHOUT LIMITATION, THE POWERS TO: (1) ELECT AND TO RE-ELECT THE DIRECTORS OF THE CORPORATION FROM THE SLATE OF NOMINEES RECOMMENDED BY THE BOARD OF DIRECTORS (2) REMOVE ANY DIRECTOR, UPON RECOMMENDATION OF THE BOARD OF DIRECTORS Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE BOARD OF MEMBERS SHALL HAVE AND EXERCISE SUCH POWERS TO AMEND THE ARTICLES AND THE CODE OF REGULATIONS; SELL OR DISPOSE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION; AND MERGE OR DISSOLVE THE CORPORATION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE UNIVERSITY'S INDEPENDENT ACCOUNTING FIRM PREPARES THE FORM 990, WHICH IS PRESENTED TO THE UNIVERSITY'S AUDIT COMMITTEE FOR REVIEW AND APPROVAL. THE FULL PUBLIC INSPECTION COPY OF THE FINAL FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO IT BEING FILED WITH THE IRS. THE PUBLIC COPY REMOVES THE NAMES AND ADDRESSES OF THE DONORS LISTED IN SCHEDULE B OF THE FORM 990 FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE UNIVERSITY HAS WRITTEN CONFLICT OF INTEREST POLICIES THAT REQUIRE ITS OFFICERS, DIRECTORS, AND EMPLOYEES TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST INVOLVING THEMSELVES AND/OR THEIR FAMILY MEMBERS. THE UNIVERSITY'S EMPLOYEES ARE REQUIRED TO REVIEW THE APPLICABLE POLICY ON AN ANNUAL BASIS, ACKNOWLEDGE COMPLIANCE, AND DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. IN ADDITION, EACH MEMBER OF THE BOARD OF DIRECTORS FILLS OUT AN ANNUAL QUESTIONNAIRE IN WHICH POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED. THE RESPONSE TO THESE TWO PROCESSES ARE REVIEWED FOR ANY DISCLOSED ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY PROHIBITS INVOLVEMENT IN UNIVERSITY DECISION-MAKING BY ANY OFFICER, ADMINISTRATOR, EMPLOYEE OR DIRECTOR WHO HAS A CONFLICT THAT IS NOT MANAGED. IN THE EVENT OF THE EXISTENCE OF A CONFLICT OF INTEREST, APPROPRIATE CONFLICT MANAGEMENT MEASURES ARE IMPLEMENTED. VIOLATIONS OF THE UNIVERSITY'S CONFLICTS POLICIES MAY RESULT IN SANCTIONS, UP TO AND INCLUDING TERMINATION OF EMPLOYMENT. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE UNIVERSITY'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR ESTABLISHING, REVIEWING AND APPROVING COMPENSATION LEVELS FOR THE UNIVERSITY'S PRESIDENT. THE COMMITTEE REVIEWS COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN ESTABLISHING COMPENSATION LEVELS. THE COMMITTEE REVIEWS THE COMPENSATION OF THE UNIVERSITY'S PRESIDENT ANNUALLY. CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING ARE RECORDED ON ALL COMMITTEE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT FOR THE UNIVERSITY'S PRESIDENT. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE UNIVERSITY'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR ESTABLISHING, REVIEWING AND APPROVING COMPENSATION LEVELS FOR THE UNIVERSITY'S OFFICERS AND KEY EMPLOYEES. THE COMMITTEE REVIEWS COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN ESTABLISHING COMPENSATION LEVELS. THE COMMITTEE REVIEWS THE COMPENSATION OF THE UNIVERSITY'S OFFICERS AND KEY EMPLOYEES ANNUALLY. CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING ARE RECORDED ON ALL COMMITTEE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT FOR THE UNIVERSITY'S OFFICERS AND KEY EMPLOYEES. Form 990, Part VI, Line 19 Required documents available to the public THE UNIVERSITY'S FORM 1023 APPLICATION FOR TAX EXEMPTION AND FORMS 990 AND 990-T (CURRENT AND PRIOR THREE YEARS) ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, CODE OF REGULATIONS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue MAINSAIL PARTNERS V - Total Revenue: -56660, Related or Exempt Function Revenue: , Unrelated Business Revenue: -56660, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS - 419204; Schedule F, Part V ADDITIONAL INFORMATION The University provides several study-abroad opportunities for its students. Various programs are available each year, but not all programs listed below are offered every academic year. The University has long-standing and active bilateral student exchange agreements with Sophia University in Tokyo, Japan; Kansai Gaidai University in Kyoto, Japan; NEOMA Business School in Rouen, France; Comillas Pontifical University in Madrid, Spain; Institute Catholique d'Etudes Superieure in La Roche sur Yon, France; Sogang University in Seoul, South Korea; TU Dortmund in Dortmund, Germany; WHU Otto Beisheim in Vallendar, Germany; and University of Galway in Galway, Ireland. The University also has long-standing partnerships with Nanzan University in Japan; The University of Hull in England; Universidad Del Pacifico in Peru; Zagreb School of Management in Croatia; Australian Catholic University in Australia; National University of Maynooth, Ireland; Universita Cattolica Del Sacro Cuore in Italy; Regent's University in England; and University College Dublin in Ireland. The University also offers one in-house program in Rome, Italy. In addition, the university also works with University Studies Abroad Consortium (USAC), which offers study-abroad opportunities worldwide. THE 1886 COMPANY LTD LLC 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 1455280 19306040 JCU CURA PERSONALIS LLC 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 500307 2942676 JCU IGNATIUS LLC 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 549082 1895199 JCU INIGO LLC 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 277941 1093593 JCU LOYOLA LLC 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 640972 2194290 JCU MANRESA LLC 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 211128 596570 JCU