GOODWIN UNIVERSITY INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
GOODWIN UNIVERSITY INC (EIN 06-1627882)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-03
IRS object ID
202421249349300717
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-03T07:35:25-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221478099PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1350 CHURCH STREET 12TH FLOORAddressLine1Txt
CityHARTFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061627882EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GOODWIN UNIVERSITY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGOODBusinessNameControlTxt
Phone8607276906PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE RIVERSIDE DRIVEAddressLine1Txt
CityEAST HARTFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06118ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEDWIN MEYER JRPersonNm
Person TitleCFOPersonTitleTxt
Phone8607276906PhoneNum
Signature2024-05-01SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstEDWINPersonFirstNm
Person LastMEYER JRPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAURA KIELCZEWSKIPreparerPersonNm
PTINP00740769PTIN
Phone9592007000PhoneNum
Preparation2024-04-30PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARK SCHEINBERGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE RIVERSIDE DRIVEAddressLine1Txt
CityEAST HARTFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06118ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$69,800,714GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GOODWIN.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent26VotingMembersIndependentCnt
Total Employee700TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI-$751,141TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$10,615,147PYContributionsGrantsAmt
CY Contributions Grants$7,103,303CYContributionsGrantsAmt
PY Program Service Revenue$58,469,543PYProgramServiceRevenueAmt
CY Program Service Revenue$56,603,162CYProgramServiceRevenueAmt
PY Investment Income-$791,178PYInvestmentIncomeAmt
CY Investment Income-$743,767CYInvestmentIncomeAmt
PY Other Revenue$2,173,622PYOtherRevenueAmt
CY Other Revenue$2,603,150CYOtherRevenueAmt
PY Total Revenue$70,467,134PYTotalRevenueAmt
CY Total Revenue$65,565,848CYTotalRevenueAmt
PY Grants And Similar Paid$11,982,958PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$10,418,426CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$27,413,033PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$32,786,817CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$466,187CYTotalFundraisingExpenseAmt
PY Other Expenses$33,622,821PYOtherExpensesAmt
CY Other Expenses$30,458,270CYOtherExpensesAmt
PY Total Expenses$73,018,812PYTotalExpensesAmt
CY Total Expenses$73,663,513CYTotalExpensesAmt
PY Revenues Less Expenses-$2,551,678PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$8,097,665CYRevenuesLessExpensesAmt
Total Assets BOY$313,398,918TotalAssetsBOYAmt
Total Assets EOY$311,730,518TotalAssetsEOYAmt
Total Liabilities BOY$55,500,982TotalLiabilitiesBOYAmt
Total Liabilities EOY$57,839,493TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$257,897,936NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$253,891,025NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF GOODWIN UNIVERSITY IS TO EDUCATE A DIVERSE STUDENT POPULATION IN A DYNAMIC ENVIRONMENT THAT ALIGNS EDUCATION, COMMERCE AND COMMUNITY. OUR INNOVATIVE PROGRAMS OF STUDY PREPARE STUDENTS FOR PROFESSIONAL CAREERS WHILE PROMOTING LIFELONG LEARNING AND CIVIC RESPONSIBILITY. AS A NUTURING COLLEGE COMMUNITY WE CHALLENGE STUDENTS, FACULTY, STAFF AND ADMINISTRATION TO FULLY REALIZE THEIR HIGHEST ACADEMIC, PROFESSIONAL AND PERSONAL POTENTIAL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$46,977,744ExpenseAmt
Grant$10,418,426GrantAmt
Revenue$59,819,604RevenueAmt
DescGOODWIN UNIVERSITY IS AUTHORIZED TO CONFER MASTERS DEGREES, BACCALAUREATE DEGREES, ASSOCIATE DEGREES AND ONE AND TWO-YEAR CERTIFICATE PROGRAMS. TO THIS END, GOODWIN UNIVERSITY CREATES AN EDUCATIONAL ENVIRONMENT THAT BLENDS PROFESSIONAL PREPARATION WITH DEVELOPMENT OF CRITICAL THINKING SKILLS AND AN APPRECIATION OF THE HUMANITIES, ARTS AND SCIENCES; EDUCATES STUDENTS IN AN ENVIRONMENT THAT CELEBRATES DIVERSE CULTURES, AGES, EXPERIENCES AND OPINIONS; ENRICHES OUR LOCAL AND GLOBAL COMMUNITIES BY FORMING COLLABORATIVE RELATIONSHIPS THAT CREATE EDUCATIONAL, ECONOMIC AND CULTURAL BENEFITS; AND ASSISTS OUR GRADUATES WITH IDENTIFYING AND SECURING CAREER AND GROWTH OPPORTUNITIES.Desc
Total Program Service Expenses$46,977,744TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4996IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee700EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member26IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EDWIN MEYER JRBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8607276906PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE RIVERSIDE DRIVEAddressLine1Txt
CityEAST HARTFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06118ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
FRANK AMODIO
DIRECTOR2.000.40Yes (X)$0$0$0
RON ANGELO
DIRECTOR2.000.30Yes (X)$0$0$0
MICHELE BUSH
DIRECTOR2.000.30Yes (X)$0$0$0
EDWARD CASARES
DIRECTOR2.000.30Yes (X)$0$0$0
MERILEE DEJOHN
DIRECTOR2.000.55Yes (X)$0$0$0
MARTIN D'ERAMO
DIRECTOR2.000.30Yes (X)$0$0$0
ANTHONY DIFATTA
DIRECTOR2.000.40Yes (X)$0$0$0
MARIA ELLIS
CHAIR2.000.70Yes (X)$0$0$0Yes (X)
PHIL FOX
DIRECTOR2.000.30Yes (X)$0$0$0
ETHAN FOXMAN
DIRECTOR2.001.00Yes (X)$0$0$0
LARRY GOLDBERG
DIRECTOR2.000.30Yes (X)$0$0$0
MARY ANN HANLEY
DIRECTOR2.000.30Yes (X)$0$0$0
JEFFREY HOFFMAN
DIRECTOR2.000.30Yes (X)$0$0$0
LEE HOUSLEY
DIRECTOR2.000.80Yes (X)$0$0$0
JACKIE JACOBY
DIRECTOR2.001.05Yes (X)$0$0$0
ADAM JEAMEL
TREASURER2.000.70Yes (X)$0$0$0Yes (X)
MOLLY LOUDEN
DIRECTOR2.000.60Yes (X)$0$0$0
JULIO MATURANA
DIRECTOR2.000.30Yes (X)$0$0$0
MEGAN MEHR
DIRECTOR2.000.50Yes (X)$0$0$0
JUDY RESNICK
DIRECTOR2.000.60Yes (X)$0$0$0
SE-MIN SOHN
VICE CHAIR2.000.70Yes (X)$0$0$0Yes (X)
ALVIN THOMPSON
DIRECTOR2.000.30Yes (X)$0$0$0
JOHN WALTERS
DIRECTOR2.000.30Yes (X)$0$0$0
WILFREDO NIEVES
DIRECTOR2.000.30Yes (X)$0$0$0
RICHARD SHECHTMAN
DIRECTOR2.000.60Yes (X)$0$0$0
MARK SCHEINBERG
PRESIDENT40.0010.00$513,520$0$38,153Yes (X)
EDWIN MEYER
CFO40.0010.00$246,896$0$44,175Yes (X)
BRYANT HARRELL
VP OF FACILITIES & IT50.00$213,000$0$4,141Yes (X)
TODD ANDREWS
VP OF ECONOMIC AND STRATEGY40.0010.00$270,782$0$8,130Yes (X)
JEAN MCGILL-WHITE
VP HUMAN RESOURCES50.00$156,359$0$37,442Yes (X)
MELISSA QUINLAN
VP OF INST EFFECTIVENESS50.00$138,400$0$8,787Yes (X)
MICHAEL PARDALES
PROVOST & DEAN OF FACULTY50.00$139,424$0$2,731Yes (X)
DANIEL NOONAN
VP ENROLLMENT SERVICES50.00$134,525$0$3,850Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,812,906TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$147,409TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K27IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SSC INC
PO BOX 135BRATTLEBOROVT053020135SECURITY SERVICES$950,462
SCIENCE INTERACTIVE GROUP LLC
86475 GENE LASSERRE BLVDYULEEFL32097INSTRUCTIONAL SUPPLIES$942,811
WEST REACH CONSTRUCTION INC
PO BOX 1328MANCHESTERCT06045CONSTRUCTION SERVICES$912,440
O R & L CONSTRUCTION CORP
2 SUMMIT PLACEBRANFORDCT06405CONSTRUCTION SERVICES$767,061
FOLLETT HIGHER EDUCATION GROUP
3146 SOLUTIONS CENTERCHICAGOIL606773001RETAIL/BOOKSTORE OPERATION$764,364
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K26CntrctRcvdGreaterThan100KCnt
Related Organizations$566,483RelatedOrganizationsAmt
Government Grants$5,673,217GovernmentGrantsAmt
All Other Contributions$863,603AllOtherContributionsAmt
Total Contributions$7,103,303TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTUITION & FEESDesc
Business611600BusinessCd
Total Revenue Column$56,603,162TotalRevenueColumnAmt
Related Or Exempt Func Income$56,603,162RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$56,603,162TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$232,257TotalRevenueColumnAmt
Exclusion$232,257ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$2,645,550RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$3,258,842RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$613,292RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$613,292TotalRevenueColumnAmt
Unrelated Business Revenue-$751,141UnrelatedBusinessRevenueAmt
Exclusion$137,849ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$976,024OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$976,024OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$976,024TotalRevenueColumnAmt
Exclusion-$976,024ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$56,091GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$56,091TotalRevenueColumnAmt
Related Or Exempt Func Income$56,091RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MANAGEMENT FEE INCOME900099$2,842,382$2,842,382
REBATES/LOYALTY REWARD900099$67,073$67,073

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$250,896TotalRevenueColumnAmt
Related Or Exempt Func Income$250,896RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,160,351OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$65,565,848TotalRevenueColumnAmt
Related Or Exempt Func Income$59,819,604RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$751,141UnrelatedBusinessRevenueAmt
Exclusion-$605,918ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$10,418,426TotalAmt
Program Services$10,418,426ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,108,484TotalAmt
Program Services$80,299ProgramServicesAmt
Management And General$1,026,826ManagementAndGeneralAmt
Fundraising$1,359FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$73,501TotalAmt
Management And General$73,501ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$26,569,350TotalAmt
Program Services$16,524,458ProgramServicesAmt
Management And General$9,617,922ManagementAndGeneralAmt
Fundraising$426,970FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$521,109TotalAmt
Management And General$521,109ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,439,006TotalAmt
Program Services$479,859ProgramServicesAmt
Management And General$1,959,147ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,075,367TotalAmt
Program Services$1,254,873ProgramServicesAmt
Management And General$792,216ManagementAndGeneralAmt
Fundraising$28,278FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$177,983TotalAmt
Management And General$177,983ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$202,575TotalAmt
Management And General$202,575ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$324,838TotalAmt
Management And General$324,838ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$56,250TotalAmt
Management And General$56,250ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,460,156TotalAmt
Program Services$439,373ProgramServicesAmt
Management And General$1,018,608ManagementAndGeneralAmt
Fundraising$2,175FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,988,430TotalAmt
Program Services$185,904ProgramServicesAmt
Management And General$2,802,526ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,781,698TotalAmt
Program Services$1,253,739ProgramServicesAmt
Management And General$526,428ManagementAndGeneralAmt
Fundraising$1,531FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,129,536TotalAmt
Program Services$905,646ProgramServicesAmt
Management And General$1,223,890ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$273,939TotalAmt
Program Services$135,124ProgramServicesAmt
Management And General$138,815ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$702,860TotalAmt
Program Services$632,574ProgramServicesAmt
Management And General$70,286ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$10,698,330TotalAmt
Program Services$9,628,497ProgramServicesAmt
Management And General$1,069,833ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$660,060TotalAmt
Management And General$660,060ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
STUDENT EXPENSE$2,910,851$2,770,217$140,634
BAD DEBT EXPENSE$1,885,833$1,885,833
REPAIRS AND MAINTENANCE$1,715,921$1,205,249$510,672
SECURITY$624,087$468,065$156,022

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,864,923TotalAmt
Program Services$595,441ProgramServicesAmt
Management And General$1,263,608ManagementAndGeneralAmt
Fundraising$5,874FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$73,663,513TotalAmt
Program Services$46,977,744ProgramServicesAmt
Management And General$26,219,582ManagementAndGeneralAmt
Fundraising$466,187FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$11,426,781BOYAmt
EOY$5,721,722EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$13,187,670BOYAmt
EOY$14,990,735EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,267,795BOYAmt
EOY$8,649,229EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,326,599BOYAmt
EOY$2,835,141EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,623,577BOYAmt
EOY$1,945,765EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$348,451,705LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$78,497,079LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$271,781,045BOYAmt
EOY$269,954,626EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,785,451BOYAmt
EOY$7,633,300EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$313,398,918BOYAmt
EOY$311,730,518EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,719,692BOYAmt
EOY$11,006,471EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$5,560,051BOYAmt
EOY$6,026,566EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$39,277,133BOYAmt
EOY$37,012,414EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,944,106BOYAmt
EOY$3,794,042EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$55,500,982BOYAmt
EOY$57,839,493EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$257,522,629BOYAmt
EOY$253,794,025EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$375,307BOYAmt
EOY$97,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$257,897,936BOYAmt
EOY$253,891,025EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$313,398,918BOYAmt
EOY$311,730,518EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$8,097,665ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$4,090,754OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,653,392CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,000,600CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,533,853CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,615,147CurrentTaxYearMinus1YearAmt
Current Tax Year$7,103,303CurrentTaxYearAmt
Total$49,906,295TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,653,392CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,000,600CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,533,853CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,615,147CurrentTaxYearMinus1YearAmt
Current Tax Year$7,103,303CurrentTaxYearAmt
Total$49,906,295TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$49,906,295PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$611,505CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$698,535CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$591,653CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$618,569CurrentTaxYearMinus1YearAmt
Current Tax Year$232,257CurrentTaxYearAmt
Total$2,752,519TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$200,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$115,706CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$41,756,034CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,018,593CurrentTaxYearMinus1YearAmt
Current Tax Year$3,160,351CurrentTaxYearAmt
Total$48,250,684TotalAmt
FieldValueIRS element (for citing)
Total Support$100,909,498TotalSupportAmt
Gross Receipts Rltd Activities$299,777,778GrossReceiptsRltdActivitiesAmt
Public Support CY1700.49460PublicSupportCY170Pct
Public Support PY1700.54060PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationMISCELLANEOUS - 2019 AMOUNT: $ 115,706. 2020 AMOUNT: $ 1,582,000. 2021 AMOUNT: $ 329,202. 2022 AMOUNT: $ 250,896. PURCHASE DISCOUNT - 2018 AMOUNT: $ 200,000. MANAGEMENT FEE INCOME - 2020 AMOUNT: $ 5,357,000. 2021 AMOUNT: $ 2,689,391. 2022 AMOUNT: $ 2,842,382. GAIN ON BARGAIN PURCHASE - 2020 AMOUNT: $ 34,817,034. REBATE/LOYALTY REWARD - 2022 AMOUNT: $ 67,073.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$56,250DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$56,250TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationREPRESENTATION ON LEGISLATIVE ISSUES AFFECTING PRIMARY, SECONDARY AND HIGHER EDUCATION.ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$915,720AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$12,411,323BeginningYearBalanceAmt
Contributions$7,144,352ContributionsAmt
Investment Earnings Or Losses$1,008,188InvestmentEarningsOrLossesAmt
Other Expenditures$915,312OtherExpendituresAmt
End Year Balance$19,648,551EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,821,348BeginningYearBalanceAmt
Contributions$1,001,622ContributionsAmt
Investment Earnings Or Losses-$1,778,771InvestmentEarningsOrLossesAmt
Other Expenditures$632,876OtherExpendituresAmt
End Year Balance$12,411,323EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,565,746BeginningYearBalanceAmt
Contributions$536,393ContributionsAmt
Investment Earnings Or Losses$2,409,943InvestmentEarningsOrLossesAmt
Other Expenditures$690,734OtherExpendituresAmt
End Year Balance$13,821,348EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,269,076BeginningYearBalanceAmt
Contributions$741,878ContributionsAmt
Investment Earnings Or Losses$234,504InvestmentEarningsOrLossesAmt
Other Expenditures$679,712OtherExpendituresAmt
End Year Balance$11,565,746EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$10,633,771BeginningYearBalanceAmt
Contributions$792,200ContributionsAmt
Investment Earnings Or Losses$475,825InvestmentEarningsOrLossesAmt
Other Expenditures$632,720OtherExpendituresAmt
End Year Balance$11,269,076EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.59000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.20000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.21000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (1)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (1)RelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$38,194,566OtherCostOrOtherBasisAmt
Book Value$38,194,566BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$276,287,023OtherCostOrOtherBasisAmt
Depreciation$61,141,763DepreciationAmt
Book Value$215,145,260BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,987,037OtherCostOrOtherBasisAmt
Depreciation$13,301,652DepreciationAmt
Book Value$3,685,385BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,983,079OtherCostOrOtherBasisAmt
Depreciation$4,053,664DepreciationAmt
Book Value$12,929,415BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$269,954,626TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
REFUNDABLE ADVANCES$290,770
OTHER LIABILITIES$3,503,272
FieldValueIRS element (for citing)
Total Liability$3,794,042TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:THE UNIVERSITY'S COLLECTIONS ARE DISPLAYED THROUGHOUT THE CAMPUS FOR THE CULTURAL ENRICHMENT OF THE STUDENT POPULATION.
PART V, LINE 4:ENDOWMENT EARNINGS RESIDING IN GOODWIN FOUNDATION, INC. ARE PRIMARILY TO BE USED TO AWARD SCHOLARSHIPS TO FULL AND PART-TIME STUDENTS OF GOODWIN UNIVERSITY, INC.
PART X, LINE 2:MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'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. IF THE ORGANIZATION HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE UNIVERSITY PUBLICIZES ITS RACIAL NONDISCRIMINATION POLICY ON ITS WEBSITE AND IN ITS STUDENT CATALOG.
SCHEDULE E, PART I, LINE 6THE UNIVERSITY PARTICIPATES IN THE FEDERAL STUDENT FINANCIAL AID PROGRAM; ACCORDINGLY THE UNIVERSITY RECEIVES VARIOUS FUNDS FROM THE DEPARTMENT OF EDUCATION, INCLUDING DIRECT LOAN, PELL, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS (SEOG) AND FEDERAL WORK STUDY FUNDS IN PAYMENT OF STUDENT TUITION AND FEES. THE UNIVERSITY PERIODICALLY RECEIVES OTHER MISCELLANEOUS FEDERAL GRANT FUNDING BASED UPON ITS NEEDS AT THE TIME OF FUNDING.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFINANCIAL AIDGrantTypeTxt
Recipient3161RecipientCnt
Non Cash Assistance$10,418,426NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceINSTITUTIONAL AID APPLIED TO THE STUDENTS' ACCOUNTS.NonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990 SCHEDULE IFormAndLineReferenceDesc
ExplanationSCHEDULE I, PART I, LINE 2: THE UNIVERSITY AWARDS SCHOLARSHIPS AND OTHER ASSISTANCE TO QUALIFIED INDIVIDUALS ON THE BASIS OF FINANCIAL NEED AND ACADEMIC ACHIEVEMENT. THE AWARDING OF FUNDS IS MONITORED BY THE UNIVERSITY'S FINANCIAL AID OFFICE, WHERE A COMPLETE LISTING OF RECIPIENTS IS ALSO MAINTAINED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARK SCHEINBERG
PRESIDENT$513,020$0$0$0$500$0$7,625$0$30,528$0$551,673$0$0$0
EDWIN MEYER
CFO$226,396$0$20,000$0$500$0$6,777$0$37,398$0$291,071$0$0$0
TODD ANDREWS
VP OF ECONOMIC AND STRATEGY$250,282$0$20,000$0$500$0$6,310$0$1,820$0$278,912$0$0$0
BRYANT HARRELL
VP OF FACILITIES & IT$194,512$0$18,000$0$488$0$3,938$0$203$0$217,141$0$0$0
JEAN MCGILL-WHITE
VP HUMAN RESOURCES$139,959$0$16,000$0$400$0$2,469$0$34,973$0$193,801$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationPERFORMANCE-BASED BONUSES WERE DETERMINED FOR AND PAID TO ALL LISTED INDIVIDUALS, OTHER THAN THE PRESIDENT OF THE UNIVERSITY, THROUGH RECOMMENDATIONS FROM THE EXECUTIVE VICE PRESIDENT & PROVOST AND THE VICE PRESIDENT OF HUMAN RESOURCES TO THE PRESIDENT OF THE UNIVERSITY. THE PRESIDENT'S PERFORMANCE-BASED BONUS WAS DETERMINED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE PRESIDENT DID NOT PARTICIPATE IN ITS DETERMINATION.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonBRYANT HARRELL JRPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionSON OF KEY EMPLOYEERelationshipDescriptionTxt
Transaction$73,501TransactionAmt
TransactionCOMPENSATIONTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:GOODWIN UNIVERSITY SEEKS TO ADDRESS GAPS IN HIGHER EDUCATION OPPORTUNITY IN THE STATE OF CONNECTICUT BY CRAFTING PROGRAMS AND SERVICES TO ENABLE LOW-INCOME AND MINORITY STUDENTS TO EARN COLLEGE DEGREES AT A HIGHER RATE THAN IS GENERALLY ACHIEVED AT PUBLICLY-FUNDED INSTITUTIONS BUT AT A LOWER FINANCIAL COST THAN OTHER PRIVATE COLLEGES. OVER HALF OF GOODWIN'S GRADUATES WERE THE FIRST IN THEIR FAMILIES TO ATTEND AND COMPLETE COLLEGE. GOODWIN UNIVERSITY'S ACADEMIC PROGRAMS, WHICH INCLUDE FOUR MASTER'S DEGREE PROGRAMS, NINE BACCALAUREATE PROGRAMS AND A RANGE OF ASSOCIATE DEGREES AND CERTIFICATES, ALL TIED TO WORKFORCE NEEDS, HELPING TO ENSURE THE EMPLOYABILITY OF GRADUATES. MANY OF GOODWIN UNIVERSITY'S STUDENTS THRIVE IN A SUPPORTIVE ACADEMIC ENVIRONMENT, BUT REQUIRE INDIVIDUALIZED SUPPORT SERVICES TO OVERCOME OBSTACLES TO EDUCATIONAL COMPLETION. TO SERVE THIS POPULATION, GOODWIN PROVIDES ONE-ON-ONE ADVISING, CASE-MANAGEMENT, AND COUNSELING SERVICES, AS WELL AS TUTORING AND PEER-MENTORING. ONE SUCH PROGRAM, THE GOODWIN ACHIEVEMENT PROGRAM (GAP), OFFERS FOUNDATIONAL CLASSES AT NO CHARGE TO STUDENTS WHOSE READING AND MATH SKILLS FALL BELOW COLLEGE-LEVEL PROFICIENCY. THE UNIVERSITY ALSO SUPPORTS INITIATIVES TARGETED AT CLOSING THE EDUCATIONAL ACHIEVEMENT GAP, INCLUDING THE MEN OF VISION IN EDUCATION (MOVE) AND WOMEN INVESTED IN SEEKING EDUCATION (WISE), WHICH PROVIDE FINANCIAL AID, CASE MANAGEMENT, AND MENTORSHIP FOR YOUNG MEN AND WOMEN FROM MINORITY BACKGROUNDS, AND SUMMER BRIDGE, A COLLEGE READINESS PROGRAM FOR URBAN HIGH SCHOOL GRADUATES. GOODWIN UNIVERSITY PROMOTES TEACHING EXCELLENCE AMONG ITS FACULTY BY PROMOTING PROFESSIONAL DEVELOPMENT AND ASSESSMENT. GOODWIN FACULTY ARE SUPPORTED IN THEIR INDIVIDUAL RESEARCH ENDEAVORS, WHERE AN EMPHASIS IS PLACED ON THOSE ACTIVITIES WHICH BEST TRANSLATE TO STUDENT SUCCESS INSIDE AND OUTSIDE THE CLASSROOM. TO HELP PROMOTE A CULTURE OF TEACHING EXCELLENCE, GOODWIN PROVIDES A GRANT PROGRAM TO INSPIRE INNOVATION AND IMPROVEMENT IN PROGRAM DEVELOPMENT.
FORM 990, PART VI, SECTION A, LINE 2MARK SCHEINBERG AND EDWIN MEYER SHARE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. THE APPROPRIATE OFFICER OF THE UNIVERSITY IS THEN INFORMED OF THE APPROVAL FOR FILING AND THE RETURN IS SUBMITTED TO THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CA COMPLIANCE REVIEW IS CONDUCTED ANNUALLY ON THE CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS REVIEWS ALL POLICIES ANNUALLY WITH THE ASSISTANCE OF STAFF AND THE BOARD LIAISON.
FORM 990, PART VI, SECTION B, LINE 15THE REVIEW OF TOP MANAGEMENT AND KEY EMPLOYEES SALARIES ARE REVIEWED BY AN INDEPENDENT COMPENSATION COMMITTEE WHO COMPARES THEIR SALARIES TO TOP MANAGEMENT AND KEY EMPLOYEE'S SALARIES OF OTHER COLLEGES. THE BOARD APPROVES THE SALARIES ONCE THE COMPENSATION COMMITTEE REVIEWS THEM.
FORM 990, PART VI, SECTION C, LINE 19THE FORM 990, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:LOSS FROM SUBSIDIARY - GREAT RIVER LAND TRUST -600. LOSS FROM SUBSIDARY - RIVER CAMPUS 43,029. PROVISION FOR UNCOLLECTIBLE GOV'T GRANTS AND CONTRACTS 2,328,823. TRANSFER NET ASSETS 1,719,502.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
CAMPUS REALTY LLC
1 RIVERSIDE DRIVEEAST HARTORDCT06118208782395RESIDENTIAL REAL ESTATE RENTALSCT$1,325,605$11,406,404GOODWIN UNIVERSITY INC
GOODWIN COLLEGE KING COURT LLC
1 RIVERSIDE DRIVEEAST HARTORDCT06118RESIDENTIAL REAL ESTATE RENTALSCT$607,562$5,989,413GOODWIN UNIVERSITY INC
GOODWIN COLLEGE 417 MAIN LLC
1 RIVERSIDE DRIVEEAST HARTFORDCT06118RESIDENTIAL REAL ESTATE RENTALSCT$0$0GOODWIN UNIVERSITY INC
MAIN AND ENSIGN DEVELOPMENT LLC
1 RIVERSIDE DRIVEEAST HARTFORDCT06118RESIDENTIAL REAL ESTATE RENTALSCT$209,844$9,878,449GOODWIN UNIVERSITY INC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
CONNECTICUT TRAINING CENTER INC
1137 MAIN STREETEAST HARTFORDCT06108223235660EDUCATIONCT501(C)(3)LINE 2GOODWIN UNIVERSITY INCYes (1)
GREAT RIVER LAND TRUST INC
1 RIVERSIDE DRIVEEAST HARTFORDCT06118454128786LAND PRESERVATIONCT501(C)(3)LINE 7GOODWIN UNIVERSITY INCYes (1)
GOODWIN FOUNDATION INC
ONE RIVERSIDE DRIVEEAST HARTFORDCT06118061599388FUNDRAISINGCT501(C)(3)LINE 10GOODWIN UNIVERSITY INCYes (1)
GOODWIN UNIVERSITY MAGNET SCHOOLS INC
ONE RIVERSIDE DRIVEEAST HARTFORDCT06118810703802EDUCATIONCT501(C)(3)LINE 2GOODWIN UNIVERSITY INCYes (1)
GOODWIN UNIVERSITY EDUCATION SERVICES INC
ONE RIVERSIDE DRIVEEAST HARTFORDCT06118810703551SUPPORT FOR GOODWIN UNIVERSITY MAGNET SCHOOLSCT501(C)(3)LINE 12B, IIGOODWIN UNIVERSITY INCYes (1)
THE UNIVERSITY OF BRIDGEPORT INC
ONE RIVERSIDE DRIVEEAST HARTFORDCT06118861274088EDUCATIONCT501(C)(3)LINE 2GOODWIN UNIVERSITY INC0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1RIVER CAMPUS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 RIVERSIDE DRIVEAddressLine1Txt
CityEAST HARTFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06118ZIPCd
FieldValueIRS element (for citing)
EIN202503170EIN
Primary ActivitiesREAL ESTATE HOLDINGSPrimaryActivitiesTxt
Legal Domicile StateCTLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1GOODWIN UNIVERSITY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of EOY Assets$1,680,000ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.