2023-04-19T16:42:20-05:00 2022-05-31 135565207 KPMG LLP 550 SOUTH HOPE STREET SUITE 1500 LOS ANGELES CA 90071 990 2021-06-01 260152908 UNIVERSITY OF MASSACHUSETTS GLOBAL UMAS 9493419800 16355 LAGUNA CANYON ROAD IRVINE CA 92618 PHILLIP DOOLITTLE CFO/TREASURER 9493417601 2023-04-11 1 PHILLIP DOOLITTLE XXX-XX-XXXX CAREY MCKEE P01281067 2139724000 2023-04-11 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X UMASS GLOBAL GARY BRAHM 16355 LAGUNA CANYONA ROAD IRVINE CA 92618 141245260 0 X WWW.UMASSGLOBAL.EDU X 2007 CA THE MISSION OF UMASS GLOBAL IS TO PROVIDE STUDENTS DYNAMIC EDUCATION BASED ON EXCELLENCE AND FLEXIBILITY THAT CREATES LASTING VALUE AND RELEVANCE FOR EVOLVING CAREERS. 14 10 1888 31 0 0 136367 5320758 142821394 135731314 10353 185161 235452 8027 143203566 141245260 10890599 12654846 0 0 75957806 82366175 35000 42600 66899 46000636 53511695 132884041 148575316 10319525 -7330056 91038831 122618019 31269118 167654656 59769713 -45036637 X THE MISSION OF UMASS GLOBAL IS TO PROVIDE STUDENTS WITH AN ACCESSIBLE, INCLUSIVE, AND TRANSFORMATIVE EDUCATION BASED ON EXCELLENCE AND FLEXIBILITY, CREATING LASTING VALUE AND RELEVANCE FOR A DYNAMIC WORLD. 0 0 43055789 12654846 135731314 UMASS GLOBAL'S ONLINE PROGRAMS HAVE BEEN CONSISTENTLY RECOGNIZED BY U.S. NEWS & WORLD REPORT, SINCE IT STARTED GIVING AWARDS. U.S. NEWS & WORLD REPORT AWARDS INCLUDE, BACHELORS PROGRAMS, ONLINE GRADUATE EDUCATION PROGRAMS, AND ONLINE PROGRAMS FOR VETERANS. AS A UNIVERSITYBUILT TO THE SERVE THE MILITARY IN 1958, IT'S NO WONDER THAT UMASS GLOBAL FORMERLY BRANDMAN UNIVERSITY HAS BEEN CONSISTENTLY RECEIVING THE MILITARY FRIENDLY GOLD STAR RANKING STUDENT SERVICES: TO HELP AND INCREASE STUDENT SUCCESS, UMASS GLOBAL FROM VIQTORY, AN ORGANIZATION THAT CONNECTS THE MILITARY COMMUNITY WITH CIVILIAN OPPORTUNITY. AS A NONPROFIT UNIVERSITY DEDICATED TO STUDENT SUCCESS, THE SCHOOL IS PROUD OF THE FACT THAT 93 PERCENT OF ITS ALUMNI WOULD RECOMMEND UMASS GLOBAL TO FAMILY, FRIENDS AND/OR COLLEAGUES. UMASS GLOBAL IS REGIONALLY ACCREDITED BY, AND IS A MEMBER OF, THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES (WSCUC) SENIOR COLLEGE AND UNIVERSITY COMMISSION. ITS CALIFORNIA TEACHER TRAINING AND CREDENTIAL PROGRAMS ARE ACCREDITED BY THE CALIFORNIA COMMISSION ONTEACHER CREDENTIALING (CTC) AND PROFESSIONALLY ACCREDITED BY THE COUNCIL FOR THE ACCREDITATION OF EDUCATOR PREPARATION (CAEP). EFFECTIVE NOVEMBER 7, 2011, THE BACCALAUREATE AND DNP PROGRAMS AT UMASS GLOBAL (FORMERLY KNOWN AS BRANDMAN UNIVERSITY) ARE ACCREDITED BY THE COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE), AND ITS BACHELOR'S IN SOCIAL WORK DEGREE IS PROFESSIONALLY ACCREDITED BY THE COUNCIL ON SOCIAL WORK EDUCATION (CSWE). UMASS GLOBAL HAS ALSO PARTNERED WITH SEVERAL LARGE AND WELL-KNOWN CORPORATE EMPLOYERS TO PROVIDE EDUCATIONAL DEGREE PROGRAMS TO THE EMPLOYEES OF WALMART INCORPORATED, THE WALT DISNEY COMPANY, AND AAA. 63360791 STUDENT SERVICES: TO HELP AND INCREASE STUDENT SUCCESS, UMASS GLOBAL PROUDLY PROVIDES A CULTURE OF SUPPORT. STUDENT SERVICES OPERATIONS PROVIDES SERVICES TO ALL STUDENTS INCLUDING ACADEMIC ADVISORS, ONE STOP REPRESENTATIVES FOR FINANCIAL AID, ADDITIONAL KEY SUPPORT (ACCESSIBLE EDUCATION, MILITARY AND VETERANS AFFAIRS, CAREER COACHING, BUSINESS OFFICE, REGISTRATION, ETC) AND ENROLLMENT COACHING. UMASS GLOBAL'S ACADEMIC ADVISING APPROACH ALLOWS STUDENTS TO MAP OUT HIS/HER ACADEMIC PROGRAM AND FACILITATES A STUDENT'S ABILITY TO GRADUATE ON TIME. EARLY ADMISSION PROGRAMS AND ARTICULATION AGREEMENTS WITH ITS COMMUNITY COLLEGE PARTNERS, AND EXCLUSIVE SCHOLARSHIP OPPORTUNITIES OFFERED TO HUNDREDS OF ORGANIZATIONS IN ITS PREMIER PARTNER NETWORK ALSO ENSURE THAT THE STUDENT'S TIME IS MAXIMIZED FOR DEGREE COMPLETION. 11527322 ACADEMIC SUPPORT: UMASS GLOBAL PROVIDES AN OVERALL STUDENT EXPERIENCE INCLUDING BOTH ON GROUND AND VIRTUAL OFFICE, REGISTRATION AND ENROLLMENT COACHING. UMASS GLOBAL'S ACADEMIC ADVISING APPROACH ALLOWS STUDENTS TO MAP OUT HIS/HER ACADEMIC PROGRAM AND FACILITATES A STUDENT'S ABILITY TO GRADUATE ON TIME. EARLYADMISSION PROGRAMS AND ARTICULATION AGREEMENTS WITH ITS COMMUNITY COLLEGE PARTNERS, AND EXCLUSIVE SCHOLARSHIP OPPORTUNITIES OFFERED TO HUNDREDS OF ORGANIZATIONS IN ITS PREMIER PARTNER NETWORK ALSO ENSURE THAT THE STUDENT'S TIME IS MAXIMIZED FOR DEGREE COMPLETION. ACCESS TO CHAPMAN UNIVERSITY'S LEATHERBY LIBRARIES, INCLUDING BOOKS, PERIODICALS, MEDIA, ONLINE DATABASES, COURSE-BASED LIBRARY INSTRUCTION AND PERSONALIZED RESEARCH ASSISTANCE FOR STUDENTS, FACULTY AND STAFF. THE INCLUDE NINE INDIVIDUALLY NAMED LIBRARIES WITH DISTINCTIVE COLLECTIONS REPRESENTING DISCIPLINARY AREAS OF THE UNIVERSITY. THE FACILITY FEATURES 15 GROUP STUDY ROOMS, 6 MULTI-MEDIA PREVIEW ROOMS, OVER 250 COMPUTERS FOR USER ACCESS, 6 COMPUTER CLASSROOMS, A LIBRARY INSTRUCTION ROOM, AN EXTENDED-HOUR STUDY COMMONS, AND MORE THAN 600 SEATS AT TABLES, CARRELS, AND LOUNGE CHAIRS. THE LEATHERBY LIBRARIES' COLLECTION CONTAINS ABOUT 265,000 VOLUMES AND 2,000 PRINT JOURNAL TITLES, IN ADDITION TO DVDS, VIDEOS, CDS, AND OTHER RESOURCES THE RINKER LAW LIBRARY CURRENTLY CONTAINS OVER 293,000 VOLUMES, INCLUDING BOOKS, MICROFORMS, AUDIO VISUAL MATERIALS, AND SERIALS. THIS FACILITY FEATURES SEATING FOR ABOUT 300 USERS WITH ACCESS TO THE INTERNET AND TO MANY ELECTRONIC RESEARCH DATABASES. UMASS GLOBAL USES THE BLACKBOARD OUTCOMES ASSESSMENT SYSTEM, A SINGLE PLATFORM FOR TEACHING, LEARNING AND ASSESSMENT. THIS SYSTEM EXTENDS THE BLACKBOARD LEARNING MANAGEMENT SYSTEM USED FOR TEACHING AND LEARNING TO ENGAGE THE INSTITUTION'S STAKEHOLDERS IN THE ASSESSMENT PROCESS. AS A RESULT, THE INSTITUTION IS WELL POSITIONED TO TRACK STUDENT LEARNING OUTCOMES AND IMPROVE PERFORMANCE AND RETENTION. 117943902 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 124 0 1 1888 1 0 0 0 0 0 0 0 0 0 0 0 1 0 X 14 10 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA IN OK OR X DOUG RENNER 9493417601 16355 LAGUNA CANYON ROAD IRVINE CA 92618 WILLIAM HOOD REGENT CHAIRMAN (THRU 09/21) 40.00 1.00 X X 0 0 0 HIGBY LARRY REGENT SECRETARY (THRU 09/21) 1.00 1.00 X X 0 0 0 AUSTIN STEPHEN REGENT (THRU 09/21) 1.00 1.00 X 0 0 0 BRANDMAN JOYCE REGENT (THRU 09/21) 1.00 1.00 X 0 0 0 CHASE IRVING REGENT (THRU 09/21) 1.00 1.00 X 0 0 0 CWIERTNIA JEROME REGENT (THRU 09/21) 1.00 1.00 X 0 0 0 DIRK PATRICK REGENT (THRU 09/21) 1.00 1.00 X 0 0 0 EVANS JOHN REGENT (THRU 09/21) 1.00 1.00 X 0 0 0 GRIER ED REGENT 1.00 1.00 X 0 0 0 GWALTNEY JILL REGENT (THRU 09/21) 1.00 1.00 X 0 0 0 HENLEY DOY REGENT (THRU 09/21) 1.00 1.00 X 0 0 0 MARTINEZ VERA REGENT 1.00 1.00 X 0 0 0 MCGLENSEY KEVIN REGENT (THRU 09/21) 1.00 1.00 X 0 0 0 ROSZAK JAMES REGENT (THRU 09/21) 1.00 1.00 X 0 0 0 SODERLING RONALD REGENT (THRU 09/21) 1.00 1.00 X 0 0 0 STERN RALPH REGENT (THRU 09/21) 1.00 1.00 X 0 0 0 STRUPPA DANIELE REGENT/EX OFFICIO (THRU 09/21) 1.00 40.00 X 0 2233372 359307 BRAHM GARY CHANCELLOR/CEO 40.00 0.00 X X 1119202 2412500 38081 COWAN CAROLE REGENT (AS OF 09/21) 1.00 1.00 X 0 0 0 COWAN MO REGENT (AS OF 09/21) 1.00 1.00 X 0 0 0 FURMAN MARIA REGENT (AS OF 09/21) 1.00 1.00 X 0 0 0 KARAM STEVE REGENT (AS OF 09/21) 1.00 1.00 X 0 0 0 KEITH JEFF REGENT (AS OF 09/21) 1.00 1.00 X 0 0 0 KILBURN DON REGENT (AS OF 09/21) 1.00 40.00 X 0 597237 103519 LARSON GLORIA REGENT (AS OF 09/21) 1.00 1.00 X 0 0 0 MANNING ROB CHAIRMAN (AS OF 09/21) 1.00 1.00 X X 0 0 0 MEEHAN MARTY REGENT (09/21-10/7/21) 1.00 40.00 X 0 835965 223630 NEWMAN KATHERINE REGENT (AS OF 09/21) 1.00 40.00 X 0 527364 120593 WOOLRIDGE VICTOR REGENT (AS OF 09/21) 1.00 1.00 X 0 0 0 JULIAN JR JAMES REGENT (AS OF 09/21) 1.00 40.00 X 0 415153 198697 BULLOCK CHARLES EXEC VC OF ACADEMIC AFFAIRS 40.00 0.00 X 572321 1497500 44509 DOOLITTLE PHILLIP EXEC VC CFO/TREASURER 40.00 0.00 X 487932 1300000 40730 KNIGHT SASKIA EXEC VC OF ENROLL/STUD AFFAIRS 40.00 0.00 X 491605 1300000 57332 O'SULLIVAN TERESA EXEC VC OF MARKETING 40.00 0.00 X 307895 0 12211 DODGE LAURIE VC OF INSTITUTIONAL ASSESSMENT 40.00 0.00 X 284871 0 36989 JOHNSTON DEXTER CHIEF EXCEC OFFICER, CBEESC 40.00 0.00 X 310342 0 33326 ETESAMNIA HAMID VC OF INFORMATION TECHNOLOGY 40.00 0.00 X 307628 0 48037 HOMER JIM VC OF NATIONAL PARTNERSHIPS 40.00 0.00 X 266757 0 30248 4148553 11119091 1347209 126 0 1 0 GUILD EDUCATION INC 370 17TH STREET SUITE 3400 DENVER CO 80202 ENROLLMENT PARTNER 11820007 TIAA-CREF 8500 ANDREW CARNEGIE BOULEVARD CHARLOTTE NC 28262 RETIREMENT 6755345 BLUE SHIELD OF CALIFORNIA PO BOX 749415 LOS ANGELES CA 90074 HEALTH INSURANCE 6040350 GOOGLE LLC 1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW CA 94043 ADVERTISING 4584994 MEDIA IQ DIGITAL NORTH AMERICA INC DEPARTMENT CH 14506 PALATINE IL 60055 ADVERTISING 3253476 77 5026893 293865 5320758 TUITION AND FEES 611710 131486474 131486474 OTHER TUITION ASSISTAN 611710 4125932 4125932 AUXILIARY REVENUE 721110 118908 118908 135731314 185161 185161 MISCELLANEOUS 900099 8027 8027 8027 141245260 135731314 0 193188 12654846 12654846 4412010 1656692 2755318 62005856 47443447 14562409 3457636 2715509 742127 8129580 5350381 2779199 4361093 3659146 701947 377243 377243 42600 42600 9642736 8499050 1143686 23205552 23195240 3436 6876 2774163 1691683 1079296 3184 5253388 4762662 477665 13061 4430036 4386135 43901 197305 170948 25210 1147 203512 163765 39716 31 2487818 2487818 487389 487389 2374580 2374580 483575 483575 LIBRARY SERVICES 728143 728143 BAD DEBT 703596 703596 ACCREDITATION 138647 138647 STATE REGISTRATIONS 24012 24012 148575316 117943902 30564515 66899 34442178 54208133 0 0 0 0 14398618 8509386 0 0 0 0 5791000 6979882 0 0 2290211 2306868 66420321 20870430 34047590 45549891 0 0 0 0 0 0 0 0 69234 5063859 91038831 122618019 13384946 15105367 0 0 4562945 6006620 0 0 0 0 0 0 8290288 140635407 0 0 5030939 5907262 31269118 167654656 X 58426887 -46442856 1342826 1406219 59769713 -45036637 91038831 122618019 X -7330056 -97476294 X 0 1 X 1 1 1 X 871427 493385 375322 136367 5320758 7197259 871427 493385 375322 136367 5320758 7197259 362567 6834692 62746 196762 303220 1091 185161 748980 28797 117970 23973 235452 8027 414219 8360458 630273444 0.81750 0.45450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2017 AMOUNT: $ 28,797. 2018 AMOUNT: $ 117,970. 2019 AMOUNT: $ 23,973. 2020 AMOUNT: $ 235,452. 2021 AMOUNT: $ 8,027. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18500000 18500000 18627603 281020 18346583 2151084 893570 1257514 27141634 19695840 7445794 45549891 LEASE LIABILITIES 5874078 AGENCY ASSET HELD IN CUSTODY 33184 5907262 132716346 0 132716346 8528914 8528914 141245260 140046402 0 140046402 8528914 8528914 148575316 PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS REPORTED GROSS ON FORM 990 8,528,914. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS REPORTED GROSS ON FORM 990 8,528,914. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 UMASS GLOBAL'S NON-DISCRIMINATION POLICY (BELOW) IS PROMINENT IN BOTH THE UNDERGRADUATE AND GRADUATE APPLICATIONS (BOTH ON ONLINE AND PDF VERSIONS). UMASS GLOBAL CONSIDERS ALL APPLICANTS WITHOUT REGARD TO RACE, RELIGION, COLOR, NATIONAL ORIGIN, AGE, SEX, MARITAL STATUS, DISABILITY, VETERAN STATUS OR ANY OTHER CHARACTERISTIC PROTECTED BY APPLICABLE STATE OR FEDERAL CIVIL RIGHTS LAWS. SOME INFORMATION REQUESTED IN THE APPLICATION PROCESS IS REQUESTED FOR FEDERAL REPORTING, AND IS NOT USED IN A DISCRIMINATORY MANNER. SCHEDULE E, PART I, LINE 6 UMASS GLOBAL IS AWARDED GRANTS FROM GOVERNMENT AGENCIES, SUCH AS THE DEPARTMENT OF EDUCATION AND THE CALIFORNIA STUDENT AID COMMISSION, TO PROVIDED FINANCIAL AID TO STUDENTS. X X X X 1 SARA CATZ PO BOX 18882 IRVINE CA 92623 GRANT 0 0 66900 -66900 66900 -66900 CA 1 UMASS GLOBAL UNDERGRADUATE SCHOLARSHIPS 3230 2919536 N/A N/A UMASS GLOBAL GRADUATE SCHOLARSHIPS 3168 4524033 N/A N/A PRIVATE SCHOLARSHIPS 177 738206 N/A N/A FEDERAL SEOG 1287 347139 N/A N/A CARES ACT/HEERF GRANTS 3313 4125932 N/A N/A PART I, LINE 2: GRANTS AND OTHER ASSISTANCE REPRESENT STUDENT FINANCIAL AID. WHEN AWARDING AID, UMASS GLOBAL FOLLOWS ALL LAWS AND REGULATIONS OF FEDERAL AND STATE OF CALIFORNIA AID PROGRAMS. FOR MORE INFORMATION, VISIT OUR WEBSITE AT WWW.UMASSGLOBAL.EDU. X X 1 1 X X X X X 1 1 0 0 0 0 0 0 0 BRAHM GARY CHANCELLOR/CEO 721632 0 275000 2412500 122570 0 26100 0 11981 0 1157283 2412500 420000 0 STRUPPA DANIELE REGENT/EX OFFICIO (THRU 09/21) 0 703863 0 1203482 0 326027 0 11949 0 347358 0 2592679 0 820700 BULLOCK CHARLES EXEC VC OF ACADEMIC AFFAIRS 447977 0 100000 1497500 24344 0 26100 0 18409 0 616830 1497500 252000 0 KNIGHT SASKIA EXEC VC OF ENROLL/STUD AFFAIRS 384088 0 80000 1300000 27517 0 26032 0 31300 0 548937 1300000 210000 0 DOOLITTLE PHILLIP EXEC VC CFO/TREASURER 395907 0 70000 1300000 22025 0 26100 0 14630 0 528662 1300000 210000 0 MEEHAN MARTY REGENT (09/21-10/7/21) 0 620317 0 94026 0 121622 0 182281 0 41349 0 1059595 0 0 KILBURN DON REGENT (AS OF 09/21) 0 416000 0 145600 0 35637 0 62170 0 41349 0 700756 0 0 NEWMAN KATHERINE REGENT (AS OF 09/21) 0 361500 0 54225 0 111639 0 108340 0 12253 0 647957 0 0 JULIAN JR JAMES REGENT (AS OF 09/21) 0 401013 0 0 0 14140 0 158848 0 39849 0 613850 0 0 ETESAMNIA HAMID VC OF INFORMATION TECHNOLOGY 279136 0 15000 0 13492 0 20362 0 27675 0 355665 0 87138 0 JOHNSTON DEXTER CHIEF EXCEC OFFICER, CBEESC 307058 0 0 0 3284 0 18867 0 14459 0 343668 0 0 0 DODGE LAURIE VC OF INSTITUTIONAL ASSESSMENT 263409 0 15000 0 6462 0 23387 0 13602 0 321860 0 0 0 O'SULLIVAN TERESA EXEC VC OF MARKETING 288276 0 15000 0 4619 0 11625 0 586 0 320106 0 0 0 HOMER JIM VC OF NATIONAL PARTNERSHIPS 263932 0 0 0 2825 0 6127 0 24121 0 297005 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE A HOUSING ALLOWANCE OF $100,000 WAS PROVIDED TO THE CHANCELLOR (GARY BRAHM). IT IS CONSIDERED A TAXABLE BENEFIT AND AS SUCH, IS INCLUDED IN HIS W-2 EARNINGS. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES CERTAIN EMPLOYEES HAVE ACCESS TO SOCIAL CLUB MEMBERSHIPS FOR THE BUSINESS PURPOSE OF CULTIVATING DONOR/TRUSTEE RELATIONSHIPS. FOR THIS FISCAL YEAR, SOCIAL CLUB DUES OF $10,800 WERE PAID FOR GARY BRAHM. THESE WERE DETERMINED TO BE NON-TAXABLE BENEFITS SINCE THEY HAD A BONA FIDE BUSINESS PURPOSE. PART I, LINES 4A-B IN CONJUNCTION WITH THE CHANGE OF CONTROL OF THE ORGANIZATION, FOUR EXECUTIVES RECEIVED CHANGE OF CONTROL PAYMENTS THAT WERE TRIGGERED FROM EXISTING COMPENSATION AGREEMENTS. THESE PAYMENTS WERE PAID IN FULL DURING THE 2021 CALENDAR YEAR FROM A RELATED ORGANIZATION, CHAPMAN UNIVERSITY, WITH AMOUNTS REFLECTED IN PART B(II). GARY BRAHAM 1,812,500 CHARLES BULLOCK 1,137,500 PHILLIP DOOLITTLE 1,000,000 SASKIA KNIGHT 1,000,000 FORM 990, SCHEDULE J, PART I, LINE 4B DANIELE STRUPPA PARTICIPATES IN A SECTION 457(F) COMPENSATION PLAN. THIS COMPENSATION ARRANGEMENT PROVIDES FOR FIVE (5) ANNUAL PAYMENTS OF $100,000 TO BE CREDITED TO THE EMPLOYEE'S ACCOUNT EACH YEAR WITH AN INTEREST RATE EQUAL TO THE TEN (10) YEAR TREASURY BOND RATE THROUGH AUGUST 31, 2021. THESE PAYMENTS ARE SUBJECT TO CONTINUED EMPLOYMENT THROUGH AUGUST 31, 2021. IN THE EVENT THAT DANIELE STRUPPA INCURS A DISABILITY OR DIES, HIS DESIGNATED BENEFICIARY SHALL BE ENTITLED TO RECEIVE PAYMENT. THIS AGREEMENT WAS PAID IN FULL IN DECEMBER 2021 AND IS REPORTED IN PART II, COLUMN B (II). ON AUGUST 26, 2016, DANIELE STRUPPA ENTERED INTO AN ADDITIONAL NON-QUALIFIED DEFERRED COMPENSATION PLAN. THE PLAN WILL PROVIDE $60,000 ON AUGUST 31 OF EACH YEAR BEGINNING IN 2017 THROUGH AND INCLUDING 2021. THESE PAYMENTS ARE CONTINGENT UPON CONTINUED EMPLOYMENT AS PRESIDENT OF THE UNIVERSITY THROUGH AUGUST 31, 2021. THESE AMOUNTS WILL VEST UPON THE EARLIER OF AUGUST 31, 2021 OR TERMINATION OF EMPLOYMENT AS PRESIDENT. THIS AGREEMENT WAS PAID IN FULL IN DECEMBER 2021 AND IS REPORTED IN PART II, COLUMN B (II). GARY BRAHM ENTERED INTO A RETENTION BONUS AGREEMENT VALUED AT $600,000, EFFECTIVE SEPTEMBER 1, 2018, WHICH IS INTENDED TO BE AN UNFUNDED INELIGIBLE DEFERRED COMPENSATION AGREEMENT SUBJECT TO IRC SECTIONS 409(A) AND 457(F) AND OTHER APPLICABLE LAW. SPECIFIC PERFORMANCE TARGETS, AT SPECIFIED DATE, EACH MUST BE MET; AND HE MUST BE ACTIVELY EMPLOYED THROUGH JANUARY 2, 2022 OR SEPERATED FROM SERVICE BY REASON OF TOTAL DISABILITY OR DEATH, OR INVOLUNTARY TERMINATION WITHOUT CAUSE IN ORDER TO RECEIVE THE BENEFITS. THE PAYMENT OF THIS AGREEMENT WAS TRIGGERED TO BE PAID IN FULL DUE TO THE CHANGE OF CONTROL AS OF SEPTEMBER 1, 2021. THE AMOUNT IS INCLUDED IN PART II, COLUMN B(II). PHILIP L. DOOLITTLE ENTERED INTO A RETENTION BONUS AGREEMENT VALUED AT $300,000, EFFECTIVE SEPTEMBER 1, 2018, WHICH IS INTENDED TO BE AN UNFUNDED INELIGIBLE DEFERRED COMPENSATION AGREEMENT SUBJECT TO IRC SECTIONS 409(A) AND 457(F) AND OTHER APPLICABLE LAW. SPECIFIC PERFORMANCE TARGETS, AT SPECIFIED DATE, EACH MUST BE MET; AND HE MUST BE ACTIVELY EMPLOYED THROUGH JANUARY 2, 2022 OR SEPERATED FROM SERVICE BY REASON OF TOTAL DISABILITY OR DEATH, OR INVOLUNTARY TERMINATION WITHOUT CAUSE IN ORDER TO RECEIVE THE BENEFITS. THE PAYMENT OF THIS AGREEMENT WAS TRIGGERED TO BE PAID IN FULL DUE TO THE CHANGE OF CONTROL AS OF SEPTEMBER 1, 2021. THE AMOUNT IS INCLUDED IN PART II, COLUMN B(II). CHARLES BULLOCK ENTERED INTO A RETENTION BONUS AGREEMENT VALUED AT $360,000, EFFECTIVE SEPTEMBER 1, 2018, WHICH IS INTENDED TO BE AN UNFUNDED INELIGIBLE DEFERRED COMPENSATION AGREEMENT SUBJECT TO IRC SECTIONS 409(A) AND 457(F) AND OTHER APPLICABLE LAW. SPECIFIC PERFORMANCE TARGETS, AT SPECIFIED DATE, EACH MUST BE MET; AND HE MUST BE ACTIVELY EMPLOYED THROUGH JANUARY 2, 2022 OR SEPERATED FROM SERVICE BY REASON OF TOTAL DISABILITY OR DEATH, OR INVOLUNTARY TERMINATION WITHOUT CAUSE IN ORDER TO RECEIVE THE BENEFITS. THE PAYMENT OF THIS AGREEMENT WAS TRIGGERED TO BE PAID IN FULL DUE TO THE CHANGE OF CONTROL AS OF SEPTEMBER 1, 2021. THE AMOUNT IS INCLUDED IN PART II, COLUMN B(II). SASKIA KNIGHT ENTERED INTO A RETENTION BONUS AGREEMENT VALUED AT $300,000, EFFECTIVE SEPTEMBER 1, 2018, WHICH IS INTENDED TO BE AN UNFUNDED INELIGIBLE DEFERRED COMPENSATION AGREEMENT SUBJECT TO IRC SECTIONS 409(A) AND 457(F) AND OTHER APPLICABLE LAW. SPECIFIC PERFORMANCE TARGETS, AT SPECIFIED DATE, EACH MUST BE MET; AND HE MUST BE ACTIVELY EMPLOYED THROUGH JANUARY 2, 2022 OR SEPERATED FROM SERVICE BY REASON OF TOTAL DISABILITY OR DEATH, OR INVOLUNTARY TERMINATION WITHOUT CAUSE IN ORDER TO RECEIVE THE BENEFITS. THE PAYMENT OF THIS AGREEMENT WAS TRIGGERED TO BE PAID IN FULL DUE TO THE CHANGE OF CONTROL AS OF SEPTEMBER 1, 2021. THE AMOUNT IS INCLUDED IN PART II, COLUMN B(II). HAMID ETESAMNIA ENTERED INTO A RETENTION BONUS AGREEMENT, EFFECTIVE MAY 27, 2020, VALUED AT ONE YEAR'S ANNUAL BASE COMPENSATION. THIS IS INTENDED TO BE AN UNFUNDED INELIGIBLE DEFERRED COMPENSATION AGREEMENT SUBJECT TO IRC SECTIONS 409(A)AND 457(F) AND OTHER APPLICABLE LAW. SPECIFIC PERFORMANCE TARGETS, AT SPECIFIED DATE, EACH MUST BE MET; AND HE MUST BE ACTIVELY EMPLOYED THROUGH JANUARY 31, 2022 OR SEPERATED FROM SERVICE BY REASON OF TOTAL DISABILITY OR DEATH, OR INVOLUNTARY TERMINATION WITHOUT CAUSE IN ORDER TO RECEIVE THE BENEFITS. FORM 990, SCHEDULE J, PART II DANIELE STRUPPA, REGENT, IS COMPENSATED BY CHAPMAN UNIVERSITY, A RELATED ORGANIZATION, AND IS NOT COMPENSATED BY UMASS GLOBAL (FORMERLY BRANDMAN UNIVERSITY) FOR HIS DUTIES ON THE BOARD OF REGENTS. FORM 990, PART VI, SECTION A, LINE 4 THE CORPORATION CHANGED ITS NAME FROM BRANDMAN UNIVERSITY TO UMASS GLOBAL ON SEPTEMBER 1, 2021. THE ORGANIZATION THEN ENACTED A SECOND NAME CHANGE ON NOVEMBER 15, 2021 TO CHANGE THE NAME FROM UMASS GLOBAL TO UNIVERSITY OF MASSACHUSETTS GLOBAL. THE PRIMARY PURPOSE OF THE ORGANIZATION CHANGED FROM CONDUCTING A COLLEGE OR ACADEMY TO PROVIDE COURSES OF STUDY TO THE PUBLIC OFFERED BY CHAPMAN UNIVERSITY, A CALIFORNIA PUBLIC BENEFIT CORPORATION, TO PROVIDING COURSES OFFERED BY UNIVERSITY OF MASSACHUSETTS, A PUBLIC UNIVERSITY. THE APPOINTMENT AND REPLACEMENT OF BOARD MEMBERS, REGENTS, PREVIOUSLY SUBJECT TO APPOINTMENT OR REMOVAL BY CHAPMAN UNIVERSITY, ARE NOW SUBJECT TO APPOINTMENT BY THE MEMBER, UNIVERSITY OF MASSACHUSETTS. THE NUMBER OF REGENTS AUTHORIZED IS CHANGED FROM NOT LESS THAN (11) BUT NO MORE THAN (21) TO NOW NOT LESS THAN NINE (9) BUT NO MORE THAN FIFTEEN (15). NOT MORE THAN 49% OF PERSONS SERVING ON THE BOARD REGENTS MAY BE COMPENSATED EMPLOYEES OF THE MEMBER (INTERESTED REGENTS). THE SERVICE PERIOD OF THE REGENTS WILL INCREASE FROM 3 YEARS TO 4 YEARS. THE CORPORATION'S ASSETS PREVIOUSLY DEDICATED TO CHAPMAN UNIVERSITY ARE NOW DEDICATED TO UNIVERSITY OF MASSACHUSETTS. UPON DISSOLUTION OR WINDING UP OF THE CORPORATION, ANY ASSETS REMAINING SHALL BE DISTRIBUTED TO THE MEMBER, UNIVERSITY OF MASSACHUSETTS. FORM 990, PART VI, SECTION A, LINE 6 UNIVERSITY OF MASSACHUSETTS BECAME THE SOLE MEMBER OF THE CORPORATION AS OF SEPTEMBER 1, 2021. FORM 990, PART VI, SECTION A, LINE 7A THE BYLAWS OF UMASS GLOBAL PROVIDE THAT THE SOLE MEMBER, UNIVERSITY OF MASSACHUSETTS, HAS THE POWER TO APPOINT INTERESTED REGENTS. THE SOLE MEMBER ALSO HAS THE POWER TO APPOINT CHAIR AND VICE CHAIR OF THE REGENTS, WHO SERVE FOR A PERIOD OF THREE (3) YEARS. FORM 990, PART VI, SECTION A, LINE 7B WITHOUT AN AFFIRMATIVE VOTE OF THE SOLE CORPORATE MEMBER, UNIVERSITY OF MASSACHUSETTS, NEITHER UMASS GLOBAL NOR THE BOARD SHALL ENTER INTO ANY COMMITMENT TO: - AMEND, MODIFY OR WAIVE ANY PROVISIONS OF THE ARTICLES. - INCUR ANY INDEBTEDNESS, PLEDGE OR GRANT LIENS ON ANY ASSETS IN EXCESS OF $15 MILLION IN A SINGLE TRANSACTION OR $50 MILLION IN THE AGGREGATE AT ANY TIME OUTSTANDING. - INCUR ANY CAPITAL EXPENDITURES IN EXCESS OF $10 MILLION IN A SINGLE TRANSACTION OR SERIES OF RELATED TRANSACTIONS, OR IN EXCESS OF $2 MILLION PER MONTH. -ENTER INTO OR EFFECT ANY TRANSACTION OR SERIES OF RELATED TRANSACTIONS INVOLVING SALE, LEASE, LICENSE, EXCHANGE, OR OTHER DISPOSITION OF ANY ASSETS, OTHER THAN SALES OF INVENTORY IN THE ORDINARY COURSE OF BUSINESS. -ESTABLISH ANY SUBSIDIARY OR ENTER INTO ANY JOINT VENTURE OR SIMILAR BUSINESS ARRANGEMENT. -MERGE, REORGANIZE, CONSOLIDATE, DISSOLVE, WIND-UP OR LIQUIDATE, MAKE AN ASSIGNMENT FOR THE BENEFIT OF CREDITORS OR INITIATE A BANKRUPTCY PROCEEDING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED WITH AN OUTSIDE ACCOUNTING FIRM WHO WORKS CLOSELY WITH THE UMASS GLOBAL CONTROLLER. THE FORM IS THEN REVIEWED BY THE EXECUTIVE VICE CHANCELLOR OF FINANCE & ADMINISTRATION/CFO AND BY THE AUDIT COMMITTEE. SUBSEQUENT TO ITS REVIEW, THE AUDIT COMMITTEE REPORTS BACK TO THE BOARD OF REGENTS REGARDING ITS OVERSIGHT OF THE FORM 990 AND THE FINAL FORM, INCLUDING ALL SCHEDULES, IS PROVIDED TO THE ENTIRE VOTING BOARD BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE VICE CHANCELLOR OF FINANCE & ADMINISTRATION/CFO IS CHARGED WITH MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND ADDRESSING ANY POTENTIAL OR ACTUAL CONFLICTS. PURSUANT TO THE CONFLICTS OF INTEREST POLICY, AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE, AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIPS AND TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT, IS DISTRIBUTED TO ALL COVERED PERSONS (I.E., BOARD MEMBERS, OFFICERS AND EXECUTIVE LEADERSHIP OR KEY EMPLOYEES). COVERED PERSONS ARE REQUIRED TO DISCLOSE REAL OR POTENTIAL CONFLICTS AT THE TIME WHEN SUCH CONFLICTS ARISE. WHEN SOMEONE BECOMES A COVERED PERSON AND ANNUALLY THEREAFTER, EACH COVERED PERSON IS REQUIRED TO SIGN A STATEMENT AFFIRMING THAT HE/SHE: (1) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; (2) HAS READ THE POLICY AND UNDERSTANDS SAID POLICY; AND (3) AGREES TO COMPLY WITH ALL REQUIREMENTS OF THE POLICY, INCLUDING COMPLETING THE CONFLICTS OF INTEREST QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE REVEIWED BY THE EXECUTIVE VICE CHANCELLOR OF FINANCE & ADMINISTRATION/CFO AND THE AUDIT COMMITTEE, THEN THE RESULTS ARE REPORTED TO THE FULL BOARD OF REGENTS AS DEFINED BY THE UNIVERSITY'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD APPOINTS AN EXECUTIVE COMPENSATION COMMITTEE, COMPRISED SOLELY OF INDEPENDENT DIRECTORS, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, TO BE ACCOUNTABLE FOR SETTING REASONABLE COMPENSATION PACKAGES, INCLUDING ANY RETENTION BONUSES, FOR THE CHANCELLOR/CEO, OTHER OFFICERS AND KEY EMPLOYEES (IF ANY). FOR THE TAX YEAR 2021, THE EXECUTIVE COMPENSATION COMMITTEE HIRED A QUALIFIED INDEPENDENT COMPENSATION AND BENEFITS CONSULTING FIRM (INDEPENDENT EXPERT) TO REVIEW, ANALYZE AND PROVIDE BENCHMARKING DATA FOR THE TOTAL COMPENSATION AND BENEFITS PACKAGE. THE COMPARABILITY DATA OBTAINED FROM THE INDEPENDENT EXPERTS, I.E., TOTAL ECONOMIC BENEFITS PAID BY SIMILARLY SITUATED ORGANIZATIONS (PEER ANALYSIS) FOR SIMILAR JOB DUTIES, INCLUDED FORM 990 DISCLOSURES OF NOT-FOR-PROFIT PEER ORGANIZATIONS AND A NUMBER OF NATIONAL COMPENSATION AND BENEFITS SURVEYS AND REPORTS. THE INDEPENDENT EXPERTS REPORT, WAS REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE AT ITS DECEMBER 4, 2020 MEETING. THE EXECUTIVE COMMITTEE'S DISCUSSIONS AND DECISIONS WERE CONTEMPORANEOUSLY DOCUMENTED. DOCUMENTATION INCLUDES: THE TERMS OF THE DELIBERATIONS, MEMBERS PRESENT AND THOSE WHO VOTED ON IT, A DESCRIPTION OF THE COMPARABILITY DATA RELIED UPON AND HOW IT WAS OBTAINED, DATE APPROVED, AND ANY ACTIONS TAKEN WITH RESPECT TO ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ASSUMPTION OF DEBT IN CONNECTION WITH THE CHANGE OF CONTROL -97,476,294. CHAPMAN UNIVERSITY ONE UNIVERSITY DRIVE ORANGE CA 92866 951643992 EDUCATION CA 501(C)(3) 2 N/A 0 CHAPMAN UNIVERSITY FOUNDATION ONE UNIVERSITY DRIVE ORANGE CA 92866 300563618 SUPPORT ORG CA 501(C)(3) 11A N/A 0 UNIVERSITY OF MASSACHUSETTS 120 TILLSON FARM ROAD AMHERST MA 010039346 823202363 EDUCATION MA STATE OF MA N/A 0 CHAPMAN UNIVERSITY ENTERPRISE INC ONE UNIVERSITY DRIVE ORANGE CA 92866 371668103 FILM PRODUCTION CA N/A C 0 CBE EDUCATIONAL SERVICES COMPANY INC 1875 K STREET NW 5TH FLOOR WASHINGTON DC 20006 820732306 EDUC SOFTWARE CA UMASS GLOBAL C 1031218 440047 1.00000 1 0 0 0 1 1 0 0 1 0 0 0 0 0 1 1 1 1 1 0 CBE EDUCATIONAL SERVICES COMPANY INC D 6979882 LOAN BALANCE CBE EDUCATIONAL SERVICES COMPANY INC N 15984 AMOUNTS PAID FOR INSURANCE CBE EDUCATIONAL SERVICES COMPANY INC O 161100 COST OF SERVICE FOR EMPLOYEES CBE EDUCATIONAL SERVICES COMPANY INC P 434703 VALUE OF SERVICES PURCHASED FORM 990, SCHEDULE R, PART V, LINES 1 AND 2 TRANSACTIONS WITH RELATED ENTITIES UMASS GLOBAL HAS REPORTED TRANSACTIONS WITH ALL RELATED ENTITIES ON LINE 1. IT HAS REPORTED THE DETAIL FOR TRANSACTIONS WITH ITS REPORTED 512(B)(13) CONTROLLED ENTITIES ON LINE 2.