2024-05-10T13:20:56-05:00 2023-06-30 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2022-07-01 060761704 UNIVERSITY OF NEW HAVEN UNIV 2039327000 300 BOSTON POST ROAD WEST HAVEN CT 06516 GEORGE S SYNODI VP FOR FINANCE 2039327000 2024-05-09 1 GEORGE SYNODI 999009999 0 TOBY RUTH FRIEDMAN KERSLAKE P01875806 2127589700 2024-05-09 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JENS FREDERIKSEN 300 BOSTON POST ROAD WEST HAVEN CT 06516 384838996 0 X WWW.NEWHAVEN.EDU X 1920 CT SEE SCHEDULE OUNIVERSITY OF NEW HAVEN IS A STUDENT-CENTERED COMPREHENSIVE UNIVERSITY WITH AN EMPHASIS ON EXCELLENCE IN LIBERAL ARTS & PROFESSIONAL EDUCATION. 28 28 2884 328 0 0 32957297 17602127 303304348 326263227 5929667 725443 2534134 3088024 344725446 347678821 125734873 127431084 0 0 103660017 108718386 0 0 3501722 98726657 106847330 328121547 342996800 16603899 4682021 427053753 439142781 185006866 183212538 242046887 255930243 X THE UNIVERSITY OF NEW HAVEN IS A STUDENT-CENTERED COMPREHENSIVE UNIVERSITY WITH AN EMPHASIS ON EXCELLENCE IN LIBERAL ARTS AND PROFESSIONAL EDUCATION. CONTINUED IN SCHEDULE O.OUR MISSION IS TO PREPARE OUR STUDENTS TO LEAD PURPOSEFUL AND FULFILLING LIVES IN A GLOBAL SOCIETY BY PROVIDING THE HIGHEST-QUALITY EDUCATION THROUGH EXPERIENTIAL, COLLABORATIVE, AND DISCOVERY-BASED LEARNING. 0 0 291142465 110204367 255041176 UNIVERSITY PROGRAM: THE UNIVERSITY OF NEW HAVEN IS A PRIVATE UNIVERSITY, FOUNDED IN 1920, WITH AN 82 ACRE MAIN CAMPUS AND SATELLITE CAMPUSES IN ORANGE, CT; PRATO, ITALY; AND ALBUQUERQUIE, NM. THE UNIVERSITY HAS AN UNDERGRADUATE ENDROLLMENT OF 4,817 STUDENTS WITH 53 PERCENT RESIDING IN UNIVERSITY HOUSING. THE UNIVERSITY OFFERS 103 UNDERGRADUATE DEGREES THROUGH ITS FIVE COLLEGES, IN INNOVATIVE FIELDS SUCH AS SPORTS MANAGEMENT, NUTRITION & DIETETICS, FORENSIC SCIENCE, MUSIC AND SOUND RECORDING, ENGINEERING, COMPUTER SCIENCE, FIRE SCIENCE AND CRIMINAL JUSTICE. THE UNIVERSITY ALSO OFFERS ITS STUDENTS A STUDY ABROAD PROGRAM THROUGH A VARIETY OF UNIQUE OFFERINGS. 18641261 17226717 74428025 GRADUATE SCHOOL: THE GRADUATE SCHOOL HAS AN ENOLLMENT OF 4,002 STUDENTS AND OFFERS 100 GRADUATE DEGREE OFFERINGS. THE GRADUATE SCHOOL HELPS STUDENTS ACHIEVE A MORE MEANINGFUL CAREER, THE BENEFITS OF LIFELONG LEARNING AND A SENSE OF RESPONSIBILITY AS A CITIZEN OF THE WORLD. 309783726 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 1 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 8611 0 1 2884 1 0 1 IT 0 0 0 1 1 0 0 0 0 1 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X GEORGE S SYNODI 2039327273 300 BOSTON POST ROAD WEST HAVEN CT 06516 MICHAEL AMBROSE VICE CHAIR 2.00 0.00 X 0 0 0 PHILIP BARTELS BOARD OF GOVERNORS 1.00 1.00 X 0 0 0 SAMUEL BERGAMI BOARD OF GOVERNORS 1.00 1.00 X 0 0 0 KENNETH BIERMACHER BOARD OF GOVERNORS 1.00 1.00 X 0 0 0 CAROLYN BREHM BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 WILLIAM BUCKNALL BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 K ONI CHUKWU BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 RODGER COOPER BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 RAPHAEL CRAWFORD BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 EILEEN EDER BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 DOLORES ENNICO BOARD OF GOVERNORS (BEG 7/1/22) 1.00 0.00 X 0 0 0 JOHN FALCONI BOARD OF GOVERNORS (7/1/22 - 8/22/22) 1.00 0.00 X 0 0 0 LAWRENCE P FLANAGAN BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 ROSA GATTI BOARD OF GOVERNORS 1.00 1.00 X 0 0 0 JEFFERY P HAZELL BOARD OF GOVERNORS (END 5/15/23) 1.00 0.00 X 0 0 0 ROBERT M LEE BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 ALLEN LOVE BOARD OF GOVERNORS (BEG 7/1/22) 1.00 0.00 X 0 0 0 DENNIS R MCGOUGH BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 JOSEPHINE MORAN BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 KEVIN MYATT BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 DAVID J PETERSON BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 CHARLES E POMPEA CHAIR 2.00 0.00 X 0 0 0 MICHAEL QUIELLO BOARD OF GOVERNORS (BEG 7/1/22) 1.00 0.00 X 0 0 0 ERNEST SCHAUB BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 ANTHONY SCILLIA BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 ANIL SHAH BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 SHELLEY STEWART BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 STEPHEN TAGLIATELA BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 RANDAL THOMPSON BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 ROWENA TRACK BOARD OF GOVERNORS 1.00 0.00 X 0 0 0 STEVEN H KAPLAN CHANCELLOR 35.00 0.00 X 1019846 0 193905 GEORGE S SYNODI VP FINANCE & ADMINISTRATION 34.00 1.00 X 422696 0 87404 BRIAN OTIS VP FOR UNIV ADVANCEMENT 35.00 0.00 X 327932 0 100152 CAROLINE KOZIATEK VP HUMAN RESOURCES (END 7/1/22) 35.00 0.00 X 125744 0 52511 GREGORY EICHHORN VP ENROLLMENT 35.00 0.00 X 350094 0 96229 JEAN HUSTED VP CHIEF OF STAFF 35.00 0.00 X 270904 0 43062 DANIELLE WOZNIAK PROVOST (END 8/1/22) 35.00 0.00 X 180536 0 63588 NANCY SAVAGE PROVOST INTERIM 35.00 0.00 X 187775 0 75586 SHEAHON ZENGER PRESIDENT INTERIM 35.00 0.00 X 407161 0 99025 MARIO T GABOURY DEAN 35.00 0.00 X 291392 0 96956 DANIEL MABREY INTL PROGRAM MANAGER 35.00 0.00 X 400655 0 21023 BRIAN KENCH DEAN 35.00 0.00 X 291982 0 95534 RONALD HARICHANDRAN DEAN 35.00 0.00 X 306290 0 38703 SHAILY MENON DEAN & VICE PROVOST 35.00 0.00 X 230724 0 47238 DANIEL J MAY PROFESSOR (FORMER VP ACADEMIC AFRS) 35.00 0.00 X 135446 0 11754 4949177 0 1122670 204 1 1 0 SODEXO INC PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE 16139407 PAT MUNGER CONSTRUCTION CO INC 750 EAST MAIN STREET STE 1 BRANFORD CT 06405 CONSTRUCTION 8232073 MILESTONE CONSTRUCTION SERVICES INC 64 THOMPSON STREET EAST HAVEN CT 06513 CONSTRUCTION 4496263 CONSIGLI CONSTRUCTION CO INC 72 SUMNER ST MILFORD MA 01757 CONSTRUCTION 3558821 DIVERSIFIED BUILDING SERVICES 101 N PLAINS INDUSTRIAL RD WALLINGFORD CT 06492 MAINTENANCE 3395134 48 627567 7068555 9906005 2601466 17602127 TUITION 611600 280941662 280941662 RESIDENCE FEES 721310 30541901 30541901 DINING FEES 722320 14316390 14316390 COMMISSIONS 611710 463274 463274 326263227 3040852 3040852 48747 48747 43920 0 43920 43920 43920 34565935 36930091 -2364156 -2364156 -2364156 68214 627567 230084 -161870 -161870 GRANT IDC 900099 749813 749813 AUXILLARY OTHER 900099 721564 721564 ATHLETIC REVENUE 900099 432873 432873 1301724 1301724 3205974 347678821 329469201 0 607493 112439931 112439931 14991153 14991153 3786997 473724 2148841 1164432 83511151 71439923 11088025 983203 5440663 4230083 1062847 147733 10071640 8477227 1428366 166047 5907935 4976414 828307 103214 1296224 808586 487638 257256 244056 13200 56685 56685 217004 114862 102142 6902386 5134499 1686971 80916 1389018 1325681 54712 8625 5959620 4853906 958652 147062 4907237 1786715 2915168 205354 4688341 4322650 365691 2742724 2607248 83275 52201 1205381 557295 486640 161446 5281414 4981503 299911 11419120 10495623 923497 6715386 4856228 1859158 FOOD SERVICE 14561596 14376315 123583 61698 OTHER SERVICE AGREEMENT 10769670 9185923 1419570 164177 REPAIR AND MAINTENANCE 9322042 9072997 248967 78 LEASE AND RENTAL 6262596 5883261 374831 4504 12893630 12091238 751360 51032 342996800 309783726 29711352 3501722 242197 287523 17411075 16887155 5057198 5311767 3953709 5367100 508252 50769 2024936 1094278 488706698 209925469 276807859 278781229 90143697 103028617 7922088 8403355 22982742 19930988 427053753 439142781 29566683 28681021 1192117 674640 11997222 11019872 116083120 111450133 8250000 26167724 23136872 185006866 183212538 X 177970627 184801605 64076260 71128638 242046887 255930243 427053753 439142781 X 4682021 8716982 484353 X 0 1 X 1 1 1 X 9431609 14697034 26087058 32957297 17602127 100775125 9431609 14697034 26087058 32957297 17602127 100775125 5331864 95443261 3157263 3122723 2287434 2991403 3133519 14692342 3906654 2943770 2654554 2509576 3274188 15288742 130756209 1453720278 0.72990 0.70850 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC - 2018 AMOUNT: $ 992,865. 2019 AMOUNT: $ 973,191. 2020 AMOUNT: $ 1,143,069. 2021 AMOUNT: $ 890,370. 2022 AMOUNT: $ 1,586,324. AMORTIZATION OF CAP CONT - 2018 AMOUNT: $ 1,284,464. 2019 AMOUNT: $ 532,380. 2020 AMOUNT: $ 496,964. 2021 AMOUNT: $ 436,964. 2022 AMOUNT: $ 436,964. ATHLETIC - 2018 AMOUNT: $ 503,561. 2019 AMOUNT: $ 598,145. 2020 AMOUNT: $ 97,038. 2021 AMOUNT: $ 279,709. 2022 AMOUNT: $ 432,873. GRANT IDC - 2018 AMOUNT: $ 1,064,709. 2019 AMOUNT: $ 824,809. 2020 AMOUNT: $ 882,193. 2021 AMOUNT: $ 847,008. 2022 AMOUNT: $ 749,813. FUNDRAISING EVENT GROSS INCOME - 2018 AMOUNT: $ 61,055. 2019 AMOUNT: $ 15,245. 2020 AMOUNT: $ 35,290. 2021 AMOUNT: $ 55,525. 2022 AMOUNT: $ 68,214. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 56685 0 0 56685 0 PART II-B, LINE 1: THE UNIVERSITY OF NEW HAVEN USES THE SERVICES OF 'THE NORMANDY GROUP'. 'THE NORMANDY GROUP' WORKS WITH THE UNIVERSITY TO ADVANCE ITS' FEDERAL LEGISLATIVE AGENDA AND OBTAIN FUNDING TRHOUGH THE VARIOUS FY23 APPROPRIATION BILLS. IN ADDITION, THE UNIVERSITY PAYS DUES TO VARIOUS PROFESSIONAL ORGANIZATIONS. AN IMMATERIAL AMOUNT OF THESE DUES ARE ATTRIBUTED TO LOBBYING EXPENSES. 82143956 823803 7374650 1214826 1627722 87499861 90951631 4766655 -10687059 1197230 1690041 82143956 66919161 7550172 18707868 800155 1425415 90951631 66419712 1008670 1446474 710130 1245565 66919161 63793485 101480 3954168 887128 542293 66419712 0.43320 0.39990 0.16690 0 0 13655389 13655389 337577839 115574126 222003713 7491505 7254081 237424 79643981 69300632 10343349 50337984 17796630 32541354 278781229 OPERATING LEASE LIABILITIES 20679236 POST RETIREMENT HEALTHCARE OBLIGATION 2457636 23136872 X 230153481 8716982 -126255402 -117538420 347691901 217004 -230084 -13080 347678821 215921478 538405 538405 215383073 217004 127396723 127613727 342996800 PART V, LINE 4: USE OF ENDOWMENT FUNDS THE UNIVERSITY'S ENDOWMENT CONSISTS OF 270 INDIVIDUAL FUNDS. THROUGH THE ENDOWMENT'S INVESTMENT POLICY, FUNDS ARE AVAILABLE FOR SCHOLARSHIPS, PROFESSORSHIPS, EQUIPMENT, RESEARCH AND PROFESSIONAL DEVELOPMENT. PART X, LINE 2: INCOME TAXES FOOTNOTE FROM CONSOLIDATED FINANCIAL STATEMENTS: THE UNIVERSITY WAS GRANTED AN EXEMPT STATUS UNDER THE INTERNAL REVENUE CODE (IRC) SECTION 501(A), AS AN ORGANIZATION DESCRIBED IN SECTION 501(C) (3). UNDER IRC SECTION 501(A) THE UNIVERSITY IS GENERALLY EXEMPT FROM INCOME TAXES. THE UNIVERSITY BELIEVES IT HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -127,396,723. UNREALIZED RETURN ON FUNDS HELD IN TRUST 484,353. ADJUSTMENT FOR NON-CONSOLIDATED SUB (REV) 656,968. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -230,084. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT FOR NON-CONSOLIDATED SUB (EXP) 308,321. FUNDRAISING EXPENSES 230,084. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 127,396,723. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SEE SUPPLEMENTAL PAGE SCHEDULE E, PART I, LINE 3 NON-DISCRIMINATION POLICY THE UNIVERSITY OF NEW HAVEN REFERENCES ITS NON-DISCRIMINATION POLICY IN ITS PUBLICATIONS INCLUDING COURSE CATALOGS, JOB APPLICATIONS, AND STUDENT APPLICATIONS AS WELL AS ON THE UNIVERSITY'S WEBSITE. SCHEDULE E, PART I, LINE 6A FINANCIAL AID FUNDS THE UNIVERSITY OF NEW HAVEN RECEIVES FINANCIAL AID FUNDS FOR DISBURSEMENT TO STUDENTS. FEDERAL FUNDS INCLUDE SEOG, PELL, PERKINS AND FEDERAL WORK STUDY. STATE FUNDS INCLUDE THE ROBERTA WILLS SCHOLARSHIP PROGRAM. THE UNIVERSITY OF NEW HAVEN IS COMMITTED TO ASSISTING STUDENTS IN FINANCING THEIR EDUCATION. THE UNIVERSITY OFFERS A COMPREHENSIVE FINANCIAL AID PROGRAM, WITH THE STUDENTS RECEIVING ASSISTANCE IN THE FORM OF GRANTS, SCHOLARSHIPS, STUDENT LOANS, AND PART-TIME EMPLOYMENT WHICH ARE AVAILABLE FROM FEDERAL AND STATE FUNDS, PRIVATE SPONSORS, AND UNIVERSITY RESOURCES. 94% OF THE UNIVERSITY'S FULL-TIME STUDENTS RECEIVE SOME FORM OF FINANCIAL ASSISTANCE. IN CALCULATING NEED, THE FINANCIAL AID OFFICE ATTEMPTS TO CONSIDER ALL ASPECTS OF A STUDENT'S FINANCIAL CIRCUMSTANCES. NEED-BASED AWARDS ARE ONLY AVAILABLE TO U.S. CITIZENS OR ELIGIBLE NON-CITIZENS. SOME FUNDS ARE AVAILABLE ON A MERIT BASIS FOR STUDENTS WHO HAVE EXCEPTIONAL ACADEMIC RECORDS OR ATHLETIC ABILITY. STUDENTS MUST BE MAKING SATISFACTORY ACADEMIC PROGRESS AND BE IN GOOD ACADEMIC STANDING IN ORDER TO BE ELIGIBLE TO RECEIVE FINANCIAL AID. GRADUATE STUDENTS MUST SUCCESSFULLY COMPLETE ALL CREDITS FOR WHICH FINANCIAL AID HAS BEEN AWARDED, AS INDICATED ON THE STUDENT'S INDIVIDUAL FINANCIAL AID AWARD LETTER. 1 EUROPE 1 27 PROGRAM SERVICES INSTRUCTION 1952432 EUROPE PROGRAM SERVICES STUDY ABROAD 323119 CENTRAL AMERICA/CARIBBEAN PROGRAM SERVICES STUDY ABROAD 25723 EAST ASIA AND PACIFIC PROGRAM SERVICES STUDY ABROAD 35758 EAST ASIA AND PACIFIC PROGRAM SERVICES RECRUITMENT 54271 EUROPE PROGRAM SERVICES RECRUITMENT 15000 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES RECRUITMENT 3000 NORTH AMERICA PROGRAM SERVICES RECRUITMENT 57000 SOUTH ASIA PROGRAM SERVICES RECRUITMENT 4478107 SUB-SAHARAN AFRICA PROGRAM SERVICES RECRUITMENT 3000 CENTRAL AMERICA/CARIBBEAN GRANTMAKING 677364 EAST ASIA AND PACIFIC GRANTMAKING 483961 EUROPE GRANTMAKING 1058960 MIDDLE EAST AND NORTH AFIRICA GRANTMAKING 375218 NORTH AMERICA GRANTMAKING 210345 RUSSIA AND NEIGHBORING STATES GRANTMAKING 219533 SOUTH AMERICA GRANTMAKING 655661 SOUTH ASIA GRANTMAKING 9805051 SUB-SAHARAN AFRICA GRANTMAKING 1505060 1 27 0 0 1 27 2466303 19472260 21938563 UNH INSTITUTIONAL AID CENTRAL AMERICA/ CARIBBEAN 37 677364 ACCT CREDIT FMV UNH INSTITUTIONAL AID EAST ASIA AND PACIFIC 40 483961 ACCT CREDIT FMV UNH INSTITUTIONAL AID EUROPE 57 1058960 ACCT CREDIT FMV UNH INSTITUTIONAL AID NORTH AMERICA 13 210345 ACCT CREDIT FMV UNH INSTITUTIONAL AID MIDDLE EAST AND NORTH AFRICA 45 375218 ACCT CREDIT FMV UNH INSTITUTIONAL AID RUSSIA AND NEIGHBOURING STATES 14 219533 ACCT CREDIT FMV UNH INSTITUTIONAL AID SOUTH AMERICA 32 655661 ACCT CREDIT FMV UNH INSTITUTIONAL AID SOUTH ASIA 2189 9805051 ACCT CREDIT FMV UNH INSTITUTIONAL AID SUB-SAHARAN AFRICA 214 1505060 ACCT CREDIT FMV 0 0 0 0 0 1 PART III ACCOUNTING METHOD: SCHEDULE F, PART I METHOD OF ACCOUNTING THE ACCRUAL METHOD OF ACCOUNTING IS USED TO VALUE ALL EXPENDITURES LISTED ON SCHEDULE F, PART I. SCHEDULE F, PART I, LINE 2 PROCEDURES FOR MONITORING USE OF GRANTS THE UNIVERSITY OF NEW HAVEN IS COMMITTED TO ASSISTING STUDENTS IN FINANCING THEIR EDUCATION. THE UNIVERSITY OFFERS A COMPREHENSIVE FINANCIAL AID PROGRAM MADE UP OF ONLY INSTITUTIONAL AID, WITH THE STUDENTS RECEIVING ASSISTANCE IN THE FORM OF GRANTS, SCHOLARSHIPS, STUDENT LOANS, AND PART-TIME EMPLOYMENT. 92% OF THE UNIVERSITY'S UNDERGRADUATE STUDENTS RECEIVE SOME FORM OF FINANCIAL ASSISTANCE. INSTITUTIONAL FINANCIAL AID CAN CONSIST OF MERIT OR NEED BASED GRANTS OR SCHOLARSHIPS. FEDERAL AND STATE FINANCIAL AID IS AWARDED BASED UPON AN INDIVIDUAL'S DEMONSTRATION OF NEED AFTER CAREFUL CONSIDERATION OF THE APPLICATION FOR ASSISTANCE. IN CALCULATING NEED, THE FINANCIAL AID OFFICE ATTEMPTS TO CONSIDER ALL ASPECTS OF A STUDENT'S FINANCIAL CIRCUMSTANCES. FEDERAL AND STATE FINANCIAL AID AWARDS ARE ONLY AVAILABLE TO U.S. CITIZENS OR ELIGIBLE NON-CITIZENS. HOWEVER, CITIZENSHIP IS NOT REQUIRED TO RECEIVE INSTITUTIONAL MERIT OR ATHLETIC SCHOLARSHIPS. STUDENTS MUST BE MAKING SATISFACTORY ACADEMIC PROGRESS TO RECEIVE FEDERAL AND/OR STATE FUNDING. FEDERAL, STATE, PRIVATE GRANT FUNDS, AND INSTITUTIONAL AID FUNDS ARE NORMALLY APPLIED AS CREDITS TO STUDENT ACCOUNTS. KAPLAN HALL EVENT 586847 586847 83702 107411 GOLF TOURNAMENT 108934 40720 68214 34474 725 3772 695781 627567 68214 34474 84427 111183 230084 -161870 1 FEDERAL 357 795451 FMV PRIVATE 321 1093124 FMV STATE 609 2022746 FMV INSTITUTIONAL AID 5584 108494249 FMV EMERGENCY AID TO STUDENTS 100 34361 FMV PART I, LINE 2: PROCEDURES FOR MONITORING USE OF GRANTS THE UNIVERSITY OF NEW HAVEN IS COMMITTED TO ASSISTING STUDENTS IN FINANCING THEIR EDUCATION. THE UNIVERSITY OFFERS A COMPREHENSIVE FINANCIAL AID PROGRAM MADE UP OF ONLY INSTITUTIONAL AID, WITH THE STUDENTS RECEIVING ASSISTANCE IN THE FORM OF GRANTS, SCHOLARSHIPS, STUDENT LOANS, AND PART-TIME EMPLOYMENT. 92% OF THE UNIVERSITY'S UNDERGRADUATE STUDENTS RECEIVE SOME FORM OF FINANCIAL ASSISTANCE. INSTITUTIONAL FINANCIAL AID CAN CONSIST OF MERIT OR NEED BASED GRANTS OR SCHOLARSHIPS. FEDERAL AND STATE FINANCIAL AID IS AWARDED BASED UPON AN INDIVIDUAL'S DEMONSTRATION OF NEED AFTER CAREFUL CONSIDERATION OF THE APPLICATION FOR ASSISTANCE. IN CALCULATING NEED, THE FINANCIAL AID OFFICE ATTEMPTS TO CONSIDER ALL ASPECTS OF A STUDENT'S FINANCIAL CIRCUMSTANCES. FEDERAL AND STATE FINANCIAL AID AWARDS ARE ONLY AVAILABLE TO U.S. CITIZENS OR ELIGIBLE NON-CITIZENS. HOWEVER, CITIZENSHIP IS NOT REQUIRED TO RECEIVE INSTITUTIONAL MERIT OR ATHLETIC SCHOLARSHIPS. STUDENTS MUST BE MAKING SATISFACTORY ACADEMIC PROGRESS TO RECEIVE FEDERAL AND/OR STATE FUNDING. FEDERAL, STATE, PRIVATE GRANT FUNDS, AND INSTITUTIONAL AID FUNDS ARE NORMALLY APPLIED AS CREDITS TO STUDENT ACCOUNTS. PART III, LINE 5 THE UNIVERSITY PROVIDED DIRECT EMERGENCY AID TO ELIGIBLE STUDENTS FOR THEIR EXPENSES RELATED TO THE DISRUPTION OF CAMPUS OPERATIONS DUE TO CORONAVIRUS, SUCH AS FOOD, HOUSING, COURSE MATERIALS, TECHNOLOGY, HEALTHCARE, AND CHILDCARE EXPENSES. $34,361 WAS FUNDED BY THE HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) ESTABLISHED UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT). X X 1 1 X X X X 0 1 0 0 0 0 0 1 0 STEVEN H KAPLAN CHANCELLOR 614981 0 267672 0 137193 0 145597 0 48308 0 1213751 0 0 0 GEORGE S SYNODI VP FINANCE & ADMINISTRATION 347748 0 69800 0 5148 0 57000 0 30404 0 510100 0 0 0 SHEAHON ZENGER PRESIDENT INTERIM 328408 0 66000 0 12753 0 51251 0 47774 0 506186 0 0 0 GREGORY EICHHORN VP ENROLLMENT 287189 0 60000 0 2905 0 41465 0 54764 0 446323 0 0 0 BRIAN OTIS VP FOR UNIV ADVANCEMENT 295347 0 31000 0 1585 0 48586 0 51566 0 428084 0 0 0 DANIEL MABREY INTL PROGRAM MANAGER 233555 0 0 0 167100 0 21020 0 3 0 421678 0 0 0 MARIO T GABOURY DEAN 269870 0 14060 0 7462 0 42407 0 54549 0 388348 0 0 0 BRIAN KENCH DEAN 291016 0 0 0 966 0 41872 0 53662 0 387516 0 0 0 RONALD HARICHANDRAN DEAN 303518 0 0 0 2772 0 37953 0 750 0 344993 0 0 0 JEAN HUSTED VP CHIEF OF STAFF 244628 0 24000 0 2276 0 42562 0 500 0 313966 0 0 0 SHAILY MENON DEAN & VICE PROVOST 229287 0 0 0 1437 0 21551 0 25687 0 277962 0 0 0 NANCY SAVAGE PROVOST INTERIM 187436 0 0 0 339 0 26239 0 49347 0 263361 0 0 0 DANIELLE WOZNIAK PROVOST (END 8/1/22) 180536 0 0 0 0 0 29985 0 33603 0 244124 0 0 0 CAROLINE KOZIATEK VP HUMAN RESOURCES (END 7/1/22) 123839 0 0 0 1905 0 23220 0 29291 0 178255 0 0 0 DANIEL J MAY PROFESSOR (FORMER VP ACADEMIC AFRS) 133221 0 0 0 2225 0 11754 0 0 0 147200 0 0 0 PART I, LINE 4B SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS NAME: KAPLAN, STEVEN H NONQUALIFIED: $100,000 DURING THE YEAR, TOTAL CONTRIBUTIONS OF $100,000 WERE MADE TO A 457(F) DEFERRED COMPENSATION PLAN. THESE CONTRIBUTIONS ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE UNTIL THE DATE OF VESTING (JANUARY 2025 AND JANUARY 2026, RESPECTIVELY). PART I, LINE 7 NONFIXED PAYMENTS CERTAIN INDIVIDUALS RECEIVED DISCRETIONARY NONFIXED BONUS PAYMENTS IN CALENDAR YEAR 2022, AS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(II). PART III - OTHER ADDITIONAL INFORMATION SCHEDULE J, PART II, COLUMN (B)(II) THE AMOUNT REPORTED IN COLUMN (B)(II) FOR CHANCELLOR STEVEN H KAPLAN INCLUDES A GROSS UP PAYMENT OF $21,204. SCHEDULE J, PART II, COLUMN (B)(III) THE $137,193 AMOUNT REPORTED IN COLUMN (B)(III) FOR CHANCELLOR STEVEN H KAPLAN REPRESENTS OTHER REPORTABLE COMPENSATION ITEMS WHICH ARE TAXABLE TO THE CHANCELLOR. THIS INCLUDES $85,000 HOUSING ALLOWANCE, $38,133 LIFE INSURANCE COVERAGE, INCLUDING A GROSS UP PAYMENT OF $11,912, $9,906 FOR GROUP TERM LIFE INSURANCE COVERAGE AND $4,154 VEHICLE USE FRINGE BENEFIT. SCHEDULE J, PART II, COLUMN (C) THE AMOUNT REPORTED IN COLUMN (C) FOR STEVEN H KAPLAN OF $145,597 REPRESENTS RETIREMENT AND OTHER DEFERRED COMPENSATION ITEMS. CHANCELLOR KAPLAN PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN UNDER IRC SECTION 457(F). DURING THE YEAR THE ANNUAL CONTRACTUAL MINIMUM CONTRIBUTION OF $100,000 WAS MADE TO A 457(F). RETIREMENT CONTRIBUTIONS OF $20,500 FOR THE 457(B) PLAN AND $25,097 FOR THE 403(B) PLAN WERE ALSO MADE. SCHEDULE J, PART II, COLUMN (D) THE AMOUNT REPORTED IN COLUMN (D) FOR CHANCELLOR STEVEN H KAPLAN OF $48,308 CONSISTS OF EMPLOYEE CONTRIBUTED FUNDS OF $17,261 FOR MEDICAL INSURANCE, UNIVERSITY CONTRIBUTED FUNDS OF $26,929 FOR MEDICAL INSURANCE, $17 IN DIMINIMUS FRINGE BENEFIT, $3,601 FOR NONTAXABLE REIMBURSED TRAVEL AND $500 FOR PRE-TAX PARKING. INTERNATIONAL TRAVEL AND HOUSING CERTAIN EMPLOYEES, WHO PERFORM THEIR DUTIES OVERSEAS, RECEIVED ADDITIONAL COMPENSATION RELATED TO: HOUSING, TRANSPORTATION, TRAVEL, AND OTHER RELATED EXPENSES BECAUSE OF THEIR FOREIGN DEPLOYMENT. THESE EXPENSES ARE FUNDED BY AN INTERNATIONAL SERVICE CONTRACT WITH THE UNIVERSITY. THE ADDITIONAL COMPENSATION ITEMS ARE CODIFIED WITHIN EACH EMPLOYEE'S EMPLOYMENT CONTRACT AND ARE INCLUDED IN THE EMPLOYEE'S SCHEDULE J, PART II, COLUMN (B)(III). A CHEFA 2018 SERIES K1 060806186 20774Y4T1 2018-05-01 97611168 REFINANCE PRIOR DEBT CHEFA SERIES 0 0 0 B CHEFA 2019 SERIES K3 060806186 20774Y6K8 2018-11-28 26904071 CONSTRUCT ACADEMIC BUILDING 0 0 0 A 6595000 97611168 1004718 96606450 2015 1 0 1 1 B 865000 26904071 531301 26372770 2021 0 0 1 1 A 0 1 0 0 0.00310 0.00310 0 0 1 B 0 1 0 0 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CHEFA 2018 SERIES K1 DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2023 SCHEDULE K, PART II, LINE 11 SCHEDULE K - PURPOSE OF ISSUE DESCRIPTION CHEFA 2018 SERIES K1 OTHER SPENT PROCEEDS - 2018 SERIES K1 OF THE SPENT PROCEEDS, $96,098,090 WAS USED TO REFUND BONDS ISSUED 8/11/2010,10/11/2013 AND 11/22/2013. OF THE SPENT PROCEEDS, $508,360 WAS A QUALFIED HEDGE TERMINATION PAYMENT. CHEFA 2019 SERIES K3 BOND PROCEEDS WERE USED TO CONSTRUCT AN ACADEMIC BUILDING. SCHEDULE K - QUALIFIED PRIVATE ACTIVITY BOND CHEFA 2018 SERIES K1 MANAGMENT AND SERVICE CONTRACTS ALL MANAGEMENT AND SERVICE CONTRACTS IN THIS BOND FINANCED SPACE FALL UNDER THE SAFE HARBOR PROVIDED BY REVENUE PROCEDURE 2016-44 AND WILL NOT RESULT IN PRIVATE BUSINESS USE. CHEFA 2019 SERIES K3 MANAGEMENT AND SERVICE CONTRACTS ALL MANAGMENT AND SERVICE CONTRACTS IN THIS BOND FINANCED SPACE FALL UNDER THE SAFE HARBOR PROVIDED BY REVENUE PROCEDURE 2016-44 AND WILL NOT RESULT IN PRIVATE BUSINESS USE. X 16 2601466 FMV 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS THE AMOUNT IN COLUMN B INDICATES THE NUMBER OF UNIQUE CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS A COMPLETED COPY OF THE FORM 990 WAS MADE AVAILABLE TO ALL BOARD MEMBERS VIA A SECURE WEB PORTAL FOR REVIEW, COMMENT AND QUESTIONS PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE CONFLICT OF INTEREST POLICY WAS CREATED TO COMPLY WITH THE CONNECTICUT REVISED NON-STOCK CORPORATION ACT WHICH MEETS THE REQUIREMENTS OF THE INTERNAL REVENUE SERVICE. THE POLICY IDENTIFIES WHAT CONSTITUTES A CONFLICT OF INTEREST FOR A BOARD MEMBER AND WHAT IS REQUIRED OF A BOARD MEMBER IF A CONFLICT WERE TO ARISE. THE UNDERLYING PRINCIPLES OF THE POLICY ARE AIMED AT ENSURING THAT A FULL AND TIMELY DISCLOSURE IS MADE BY A BOARD MEMBER REGARDING ANY CONFLICT OF INTEREST THAT MAY OCCUR. BOARD MEMBERS WITH CONFLICTS ARE NOT TO BE INVOLVED IN ANY BOARD DELIBERATIONS OR VOTE ON THE MATTER. IN ADDITION, IF THE TRANSACTION IS TO BE APPROVED AT THE UNIVERSITY STAFF LEVEL, THEN, THE BOARD MEMBER SHALL HAVE NO INVOLVEMENT IN THE STAFF DECISION MAKING PROCESS. THE PROCEDURES REGARDING THE IMPLEMENTATION OF THE CONFLICTS POLICY CONTAINS THREE STEPS (I) THE REQUIRED SUBMISSION BY EACH BOARD MEMBER OF THE ANNUAL CONFIRMATION FORM TO THE ASSOCIATE VICE PRESIDENT FOR FINANCE FOR HIS/HER REVIEW; (II) ANY CONFLICTS WOULD THEN BE REPORTED TO THE BOARD; AND (III) THE BOARD CHAIR WOULD RESOLVE, AS MAY BE NECESSARY, ANY SUCH CONFLICTS. THE SCOPE OF THIS POLICY COVERS CURRENT BOARD MEMBERS, AND IS REVIEWED AND MONITORED WITH THE SUBMISSION OF THE ANNUAL CONFIRMATION FORM VIA THE MULTI-STEP PROCESS DESCRIBED IN THIS NARRATIVE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION POLICY AND PROCEDURES THERE ARE TWO SEQUENTIAL STEPS TAKEN EACH FISCAL YEAR AT THE UNIVERSITY OF NEW HAVEN WITH REGARD TO THE DECISIONS MADE BY THE BOARD OF GOVERNORS IN CONNECTION WITH THE COMPENSATION AWARDED TO THE SENIOR MANAGEMENT OFFICIALS AT THE UNIVERSITY. THE SENIOR OFFICERS CONSIST OF: (I) THE PRESIDENT; (II) THE PROVOST; AND (III) THE VICE PRESIDENTS. THE FIRST STEP INVOLVES A SPECIAL COMMITTEE OF THE BOARD OF GOVERNORS, THE COMPENSATION COMMITTEE (THE "COMMITTEE"), WHICH IS COMPRISED OF FIVE MEMBERS: (I) THE BOARD CHAIR AND VICE CHAIR; AND (II) THREE OTHER BOARD MEMBERS (INCLUDING ONE BOARD MEMBER WHO IS A PRACTICING CONNECTICUT ATTORNEY). THE MEMBERS OF THE COMMITTEE ARE SELECTED BY THE BOARD CHAIR; AND THE COMMITTEE HAS BEEN AUTHORIZED BY THE BOARD TO ACT IN ITS SPECIAL CAPACITY. THE MEMBERS OF THE COMMITTEE ARE INDEPENDENT PERSONS WITH NO CONFLICTS OF INTEREST, AND WHO ARE THUS ABLE TO CONDUCT THE COMPENSATION REVIEW AT "ARMS' LENGTH". WITH REGARD TO THE UNIVERSITY'S 7/1/22-6/30/23 FISCAL YEAR, THE COMMITTEE CONDUCTED AN IN-DEPTH REVIEW, AND DISCUSSION, OF FOUR RELEVANT MATTERS. THIS REVIEW TOOK PLACE ON AUGUST 5TH, 2022. FIRST, IT REVIEWED THE VARIOUS ELEMENTS OF THE COMPENSATION FOR EACH SENIOR OFFICER, INCLUDING BASE SALARY, BONUS INCENTIVES, STANDARD ERISA-QUALIFIED HEALTH AND RETIREMENT PLANS, TAXABLE ALLOWANCES, AND OTHER BENEFITS. SECOND, THE COMMITTEE REVIEWED APPROPRIATE COMPENSATION COMPARABILITY DATA BASED ON THE GEOGRAPHIC LOCATION, ACADEMIC PROGRAMS OFFERED AND THE FINANCIAL RESOURCES OF OTHER RELEVANT UNIVERSITIES. THIRD, THE REASONABLENESS OF THIS COMPENSATION DATA WAS SUBSTANTIATED WITH BENCHMARKING EACH SENIOR OFFICER'S POSITION WITH MARKET NORMS. FOURTH, AND FINALLY, THE LEVELS OF RESPONSIBILITY AND OVERALL QUALIFICATIONS OF EACH OF THE SENIOR OFFICERS RELATIVE TO MARKET COMPARABLE POSITIONS, AND ALSO EACH SENIOR OFFICER'S JOB PERFORMANCE, WERE ALSO REVIEWED. (AS IS PRUDENT, THE COMMITTEE'S DELIBERATIONS AND DECISIONS WERE DOCUMENTED BY CONTEMPORANEOUSLY-PREPARED MINUTES BY THE COMMITTEE MEMBER WHO IS A PRACTICING CONNECTICUT ATTORNEY.) THE SECOND AND FINAL STEP IN THE COMPENSATION ANNUAL REVIEW AND APPROVAL PROCESS COMMENCED WITH THE COMMITTEE'S PRESENTATION OF ITS ANNUAL REPORT AND RECOMMENDATIONS AT A MEETING OF THE BOARD OF GOVERNORS WITH REGARD TO: (I) THE DATA THAT THE COMMITTEE REVIEWED; AND (II) ITS COMPENSATION RECOMMENDATIONS TO THE BOARD. (IN THIS CONTEXT, ALL MEMBERS OF THE BOARD ARE INDEPENDENT PERSONS WITH NO CONFLICTS OF INTEREST, AND WHO ARE THUS ABLE TO CONDUCT THE COMPENSATION REVIEW AT "ARMS' LENGTH.") THE BOARD THEN DISCUSSED THE DATA GATHERED FROM THE COMMITTEE AND ALSO THE COMMITTEE'S RECOMMENDATIONS. THEREUPON, A RESOLUTION WAS ADOPTED BY A MAJORITY OF THE BOARD IN ITS RATIFICATION / APPROVAL OF THE PARTICULAR COMPENSATION AMOUNTS TO BE AWARDED TO EACH OF THE SENIOR OFFICERS. (AS IS PRUDENT, THE BOARD'S DELIBERATIONS AND DECISIONS WERE DOCUMENTED BY CONTEMPORANEOUSLY-PREPARED MINUTES BY A BOARD MEMBER WHO IS A PRACTICING CONNECTICUT ATTORNEY). IN ADDITION, COMPENSATION FOR OTHER SENIOR EMPLOYEES IS CALCULATED IN A SIMILAR FASHION AS PROVIDED ABOVE BUT DOES NOT REQUIRE COMMITTEE OR BOARD REVIEW OR APPROVAL. THEREFORE, THE UNIVERSITY OF NEW HAVEN HAS CONCLUDED THAT ITS PROCEDURES FOR DETERMINING THE COMPENSATION OF ITS SENIOR MANAGEMENT OFFICIALS, AND ALL OTHER OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY, MEET THE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS. FORM 990, PART VI, SECTION B, LINE 15B: COMPENSATION PROCESS FOR OFFICERS SEE NOTE FOR PART VI, SECTION B, LINE 15A FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DISCLOSURE POLICY THE UNIVERSITY ALLOWS ACCESS TO IMPORTANT DOCUMENTS OF PUBLIC INTEREST THROUGH THE UNIVERSITY'S WEBSITE. THE UNIVERSITY'S TAX RETURN (FORM 990) AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART XI, LINE 9: UNREALIZED RETURN ON FUNDS HELD IN TRUST 484,353. HENRY C LEE INST OF FORENSIC SCIENCE 300 BOSTON POST ROAD WEST HAVEN CT 06516 061629144 EDUCATION CT 501(C)(3) 12A(II) UNH 1 UNIVERSITY OF NEW HAVEN DENTAL CENT 300 BOSTON POST ROAD WEST HAVEN CT 06516 061629143 INACTIVE CORP CT 501(C)(3) 12A(I) UNH 1 CHARITABLE REMAINDER TRUST 300 BOSTON POST ROAD WEST HAVEN CT 06516 CHARITABLE TRUST CT N/A T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 HENRY C LEE INSTITUTE OF FORENSIC SCIENCE N 374021 FMV HENRY C LEE INSTITUTE OF FORENSIC SCIENCE O 518744 FMV