SACRED HEART UNIVERSITY: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: SACRED HEART UNIVERSITY (EIN 06-0776644)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2023-05-13
IRS object ID: 202331339349300423
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-05-13T11:03:12-05:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	221478099	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	COHNREZNICK LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	350 CHURCH STREET 12TH FLOOR	AddressLine1Txt
City	HARTFORD	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06103	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	060776644	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SACRED HEART UNIVERSITY INCORPORATED	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SACR	BusinessNameControlTxt
Phone	2033968223	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5151 PARK AVENUE	AddressLine1Txt
City	FAIRFIELD	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06825	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PETER WARD	PersonNm
Person Title	VICE PRESIDENT FOR FINANCE	PersonTitleTxt
Phone	2033968223	PhoneNum
Signature	2023-05-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	PETER	PersonFirstNm
Person Last	WARD	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LAURA KIELCZEWSKI	PreparerPersonNm
PTIN	P00740769	PTIN
Phone	9592007000	PhoneNum
Preparation	2023-05-12	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JOHN PETILLO	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5151 PARK AVENUE	AddressLine1Txt
City	FAIRFIELD	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06825	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$516,717,658	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.SACREDHEART.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1963	FormationYr
Legal Domicile State	CT	LegalDomicileStateCd
Activity Or Mission	THE UNIVERSITY IS A CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING OFFERING UNDERGRADUATE, GRADUATE AND DOCTORAL DEGREES, AS WELL AS CONTINUING EDUCATION IN A VARIETY OF DISCIPLINES, WITH A COMMITMENT TO LEADERSHIP IN CATHOLIC HIGHER EDUCATION.	ActivityOrMissionDesc
Voting Members Governing Body	24	VotingMembersGoverningBodyCnt
Voting Members Independent	23	VotingMembersIndependentCnt
Total Employee	5072	TotalEmployeeCnt
Total Volunteers	150	TotalVolunteersCnt
Total Gross UBI	$6,078,229	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$24,155,650	PYContributionsGrantsAmt
CY Contributions Grants	$38,218,815	CYContributionsGrantsAmt
PY Program Service Revenue	$385,470,721	PYProgramServiceRevenueAmt
CY Program Service Revenue	$428,326,581	CYProgramServiceRevenueAmt
PY Investment Income	$11,788,074	PYInvestmentIncomeAmt
CY Investment Income	$10,300,941	CYInvestmentIncomeAmt
PY Other Revenue	-$130,580	PYOtherRevenueAmt
CY Other Revenue	$29,373	CYOtherRevenueAmt
PY Total Revenue	$421,283,865	PYTotalRevenueAmt
CY Total Revenue	$476,875,710	CYTotalRevenueAmt
PY Grants And Similar Paid	$106,282,539	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$115,981,948	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$125,476,820	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$138,082,516	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$182,433	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$419,513	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$3,130,143	CYTotalFundraisingExpenseAmt
PY Other Expenses	$123,427,433	PYOtherExpensesAmt
CY Other Expenses	$145,512,074	CYOtherExpensesAmt
PY Total Expenses	$355,369,225	PYTotalExpensesAmt
CY Total Expenses	$399,996,051	CYTotalExpensesAmt
PY Revenues Less Expenses	$65,914,640	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$76,879,659	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,111,844,397	TotalAssetsBOYAmt
Total Assets EOY	$1,267,127,752	TotalAssetsEOYAmt
Total Liabilities BOY	$499,608,342	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$601,259,588	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$612,236,055	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$665,868,164	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	AT SACRED HEART UNIVERSITY, WE NOT ONLY PREPARE STUDENTS FOR THE FUTURE, BUT ALSO GIVE THEM A DEEPER APPRECIATION OF WHO THEY ARE AND ALL THEY CAN BE. THROUGH OUR DISTINCTIVE MISSION AND COMMITMENT TO LEADERSHIP IN CATHOLIC HIGHER EDUCATION, WE HELP STUDENTS HELP OTHERS AND, TOGETHER, WE MAKE A DIFFERENCE IN THE WORLD. THE SHU MISSION: THE PURSUIT OF TRUTH AND KNOWLEDGE AS INTRINSICALLY VALUABLE; COMMITMENT TO EXCELLENCE IN ALL THAT WE DO; RESPONSIBILITY FOR THE COMMON GOOD OF SOCIETY; RECOGNITION OF THE DIGNITY AND WORTH OF EVERY HUMAN BEING; PRESERVATION, TRANSMISSION AND DEVELOPMENT OF THE LIBERAL ARTS AND CATHOLIC INTELLECTUAL TRADITIONS. OUR VISION IS TO SHAPE GRADUATES KNOWLEDGEABLE OF SELF, ROOTED IN FAITH, EDUCATED IN MIND, COMPASSIONATE IN HEART, RESPONSIVE TO SOCIAL AND CIVIC OBLIGATIONS AND ABLE TO RESPOND TO AN EVER-CHANGING WORLD.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$119,376,225	ExpenseAmt
Revenue	$358,990,385	RevenueAmt
Desc	SACRED HEART CONTINUES TO OFFER A WIDE RANGE OF UNDERGRADUATE AND GRADUATE PROGRAMS. REGARDLESS OF WHAT UNDERGRADUATE PROGRAM OR GRADUATE PROGRAMS ARE CHOSEN, OUR FOCUS ON ACADEMIC OPPORTUNITIES - ROOTED IN THE CATHOLIC INTELLECTUAL TRADITIONS AND THE PRINCIPLES OF ENGAGED LEARNING - CREATES AN ABSORBING, CUSTOMIZED EDUCATIONAL EXPERIENCE FOR EACH STUDENT.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$115,881,948	ExpenseAmt
Grant	$115,881,948	GrantAmt
Desc	SACRED HEART UNIVERSITY'S STUDENT FINANCIAL ASSISTANCE OFFICE IS COMMITTED TO HELPING STUDENTS AND THEIR FAMILIES FIND THE MOST AFFORDABLE OPTIONS AVAILABLE FOR ATTENDING COLLEGE. FOR FULL-TIME UNDERGRADUATE STUDENTS, THERE ARE BASICALLY TWO TYPES OF FINANCIAL ASSISTANCES: FIRST, TRADITIONAL MERIT OR NEED-BASED AID; AND SECOND, A RANGE OF OTHER OPTIONS OPEN TO STUDENTS AND THEIR FAMILIES WHETHER THEY QUALIFY FOR TRADITIONAL AID OR NOT. SEVERAL FINANCIAL ASSISTANCE OPTIONS ARE ALSO AVAILABLE TO QUALIFIED PART-TIME UNDERGRADUATE STUDENTS AND GRADUATE STUDENTS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$58,963,676	ExpenseAmt
Revenue	$3,503,308	RevenueAmt
Desc	SACRED HEART UNIVERSITY IS COMMITTED TO SERVING THE NEEDS OF ITS DIVERSE STUDENT POPULATION BY OFFERING AN ARRAY OF SERVICES DESIGNED TO ENSURE STUDENT SUCCESS. THESE SERVICES, PROVIDED THROUGH ACADEMIC ADVISING, STUDENT LIFE, CAREER SERVICES, JANDRISEVITS LEARNING CENTER, THE OFFICE OF SPECIAL SERVICES, AND THE WELLNESS CENTER, AIM TO SERVICE STUDENT IN A MANNER THAT IS CONSISTENT WITH THE MISSION. THE UNIVERSITY ALSO PROMOTES ACTIVE ENGAGED LEARNING OUTSIDE OF THE CLASSROOM. OUT ATHLETICS PROGRAMS ARE ABOUT MORE THAN JUST COMPETITION AND WINNING, THEY ARE BUILT ON LONGSTANDING TRADITION OF HELPING OUR STUDENT- ATHLETES REALIZE THEIR POTENTIAL, STRENGTHEN THEIR CHARACTER, AND EMPOWER THEIR MIND WHILE DEVELOPING SELF-CONFIDENCE AND VALUABLE LEADERSHIP SKILLS.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$60,604,772	ExpenseAmt
Revenue	$59,773,918	RevenueAmt
Desc	OTHER GENERAL AND AUXILIARY SERVICES	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$60,604,772	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$59,773,918	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$354,826,621	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (1)	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (1)	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	Yes (1)	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	14061	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	5072	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	Yes (1)	ForeignFinancialAccountInd
Foreign Country	EI	ForeignCountryCd
Foreign Country	LU	ForeignCountryCd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	Yes (1)	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	24	GoverningBodyVotingMembersCnt
Independent Voting Member	23	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	Yes (1)	LocalChaptersInd
Policies Reference Chapters	Yes (1)	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PETER WARD	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2033968223	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5151 PARK AVENUE	AddressLine1Txt
City	FAIRFIELD	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06825	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN J PETILLO PHD
PRESIDENT	35.00	Yes (X)	Yes (X)	$1,186,855	$0	$129,646
MARY-ANN BUNTING
TRUSTEE	1.00	Yes (X)		$0	$0	$0
KATIE BURKE
TRUSTEE	1.00	Yes (X)		$0	$0	$0
PATRICK CAROLAN MD
TRUSTEE	1.00	Yes (X)		$0	$0	$0
SUSAN DAVIS RN EDD FACHE
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
CHARLES FIRLOTTE
TRUSTEE	1.00	Yes (X)		$0	$0	$0
SUZANNE GRECO
TRUSTEE	1.00	Yes (X)		$0	$0	$0
KEITH HOVAN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
DOUGLAS KENNEDY
TRUSTEE	1.00	Yes (X)		$0	$0	$0
GARY J LEVIN
VICE CHAIRMAN	1.00	Yes (X)	Yes (X)	$0	$0	$0
PATRICK MAGGITTI PHD
TRUSTEE	1.00	Yes (X)		$0	$0	$0
FRANK MARTIRE
TRUSTEE	1.00	Yes (X)		$0	$0	$0
CHRISTOPHER K MCLEOD
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
LINDA MCMAHON
TRUSTEE	1.00	Yes (X)		$0	$0	$0
PAMELA MILLER
TRUSTEE	1.00	Yes (X)		$0	$0	$0
WILLIAM MITCHELL
TRUSTEE	1.00	Yes (X)		$0	$0	$0
JAMES MORLEY JR
TRUSTEE	1.00	Yes (X)		$0	$0	$0
LYNN SERPICO
TRUSTEE	1.00	Yes (X)		$0	$0	$0
THOMAS SCRIVO
TRUSTEE	1.00	Yes (X)		$0	$0	$0
KENNETH SIEGEL JD
TRUSTEE	1.00	Yes (X)		$0	$0	$0
PABLO STALMAN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
DANIEL THOMAS
TRUSTEE	1.00	Yes (X)		$0	$0	$0
JOHN VAZQUEZ
CHAIRMAN	1.00	Yes (X)	Yes (X)	$0	$0	$0
ERIC WOOD EDD
TRUSTEE	1.00	Yes (X)		$0	$0	$0
MICHAEL LAROBINA ESQ
GENERAL COUNSEL	35.00		Yes (X)	$337,035	$0	$38,110
PHILIP MCCABE
SR. VP FOR FINANCE	35.00		Yes (X)	$319,224	$0	$51,353
ROBIN CAUTIN
ACTING PROVOST & VP FOR ACADEMIC	35.00		Yes (X)	$336,357	$0	$30,269
RUPENDRA PALIWAL
PROVOST & VP FOR ACADEMIC AFFAIRS	35.00		Yes (X)	$443,130	$0	$23,200
JAMES BARQUINERO
SR. VICE PRESIDENT	35.00			$448,762	$0	$58,827	Yes (X)
ROBERT M HARDY
VICE PRESIDENT	35.00			$336,306	$0	$28,792	Yes (X)
DAVID COPPOLA
SR. VP ADMIN & PLANNING	35.00			$337,131	$0	$37,649	Yes (X)
ROBERT J VALENTINE
ED OF ATHLETICS	35.00			$257,690	$0	$16,644		Yes (X)
MARTHA CRAWFORD
DEAN	35.00			$428,829	$0	$29,266		Yes (X)
MAURA IVERSEN
DEAN	35.00			$298,407	$0	$30,562		Yes (X)
MICHAEL IANNAZZI
VICE PRESIDENT	35.00			$295,512	$0	$26,149		Yes (X)
SHIRLEY CANNAN
VP OF INFO TECHNOLOGY	35.00			$248,145	$0	$26,953		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,273,383	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$527,420	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	285	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
CHARTWELL'S HIGHER EDUCATION CO BOA
PO BOX 91337	CHICAGO	IL	606931853	FOOD SERVICES	$14,102,177
SOUTHEAST SERVICE CORPORATION
2400 YORKMONT ROAD	CHARLOTTE	NC	28217	JANITORIAL SERVICES	$5,052,751
WILEY EDU LLC
851 TRAFALGAR COURT SUITE 420	ORLANDO	FL	32751	ONLINE EDUCATION SERVICES	$4,985,484
THE S-L-A-M COLLABORATIVE INC
80 GLASTONBURY BLVD	GLASTONBURY	CT	06033	ARCHITECTURAL SERVICES	$3,203,905
DATTCO INC
583 SOUTH ST	NEW BRITAIN	CT	06051	TRANSPORTATION SERVICES	$1,791,027

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	107	CntrctRcvdGreaterThan100KCnt
Fundraising	$563,540	FundraisingAmt
Government Grants	$17,639,534	GovernmentGrantsAmt
All Other Contributions	$20,015,741	AllOtherContributionsAmt
Noncash Contributions	$537,001	NoncashContributionsAmt
Total Contributions	$38,218,815	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION AND FEES	611310	$358,990,385	$358,990,385
AUXILIARY ACTIVITIES	611700	$64,847,829	$58,884,482	$5,963,347
OTHER INCOME	900099	$2,324,717	$2,229,094	$95,623
PITT CENTER&ATHLETICS	611620	$2,163,650	$2,163,650

Field	Value	IRS element (for citing)
Total Program Service Revenue	$428,326,581	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,907,129	TotalRevenueColumnAmt
Unrelated Business Revenue	$19,259	UnrelatedBusinessRevenueAmt
Exclusion	$8,887,870	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$362,752	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$189,232	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$173,520	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$173,520	TotalRevenueColumnAmt
Exclusion	$173,520	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$40,724,793	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$39,330,981	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$1,393,812	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,393,812	TotalRevenueColumnAmt
Exclusion	$1,393,812	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$177,588	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$563,540	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$321,735	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$144,147	TotalRevenueColumnAmt
Exclusion	-$144,147	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$476,875,710	TotalRevenueColumnAmt
Related Or Exempt Func Income	$422,267,611	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$6,078,229	UnrelatedBusinessRevenueAmt
Exclusion	$10,311,055	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$100,000	TotalAmt
Program Services	$100,000	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$115,813,953	TotalAmt
Program Services	$115,813,953	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$67,995	TotalAmt
Program Services	$67,995	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$4,215,045	TotalAmt
Program Services	$1,460,062	ProgramServicesAmt
Management And General	$2,754,983	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$102,767,001	TotalAmt
Program Services	$89,808,845	ProgramServicesAmt
Management And General	$11,203,856	ManagementAndGeneralAmt
Fundraising	$1,754,300	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$4,814,236	TotalAmt
Program Services	$4,240,574	ProgramServicesAmt
Management And General	$486,119	ManagementAndGeneralAmt
Fundraising	$87,543	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$19,177,353	TotalAmt
Program Services	$16,381,083	ProgramServicesAmt
Management And General	$2,501,530	ManagementAndGeneralAmt
Fundraising	$294,740	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$7,108,881	TotalAmt
Program Services	$6,196,678	ProgramServicesAmt
Management And General	$786,717	ManagementAndGeneralAmt
Fundraising	$125,486	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$332,872	TotalAmt
Management And General	$332,872	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$231,440	TotalAmt
Program Services	$55,355	ProgramServicesAmt
Management And General	$176,085	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$419,513	TotalAmt
Fundraising	$419,513	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$733,826	TotalAmt
Management And General	$733,826	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$28,942,180	TotalAmt
Program Services	$26,308,944	ProgramServicesAmt
Management And General	$2,565,820	ManagementAndGeneralAmt
Fundraising	$67,416	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,494,938	TotalAmt
Program Services	$384,727	ProgramServicesAmt
Management And General	$1,106,308	ManagementAndGeneralAmt
Fundraising	$3,903	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,505,471	TotalAmt
Program Services	$5,483,793	ProgramServicesAmt
Management And General	$1,858,559	ManagementAndGeneralAmt
Fundraising	$163,119	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$4,072,480	TotalAmt
Program Services	$1,772,513	ProgramServicesAmt
Management And General	$2,254,014	ManagementAndGeneralAmt
Fundraising	$45,953	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$13,187,419	TotalAmt
Program Services	$11,779,212	ProgramServicesAmt
Management And General	$1,397,990	ManagementAndGeneralAmt
Fundraising	$10,217	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$8,392,906	TotalAmt
Program Services	$7,925,387	ProgramServicesAmt
Management And General	$369,380	ManagementAndGeneralAmt
Fundraising	$98,139	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$399,475	TotalAmt
Program Services	$332,852	ProgramServicesAmt
Management And General	$64,529	ManagementAndGeneralAmt
Fundraising	$2,094	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$14,604,235	TotalAmt
Program Services	$12,122,452	ProgramServicesAmt
Management And General	$2,481,783	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$23,561,693	TotalAmt
Program Services	$20,721,476	ProgramServicesAmt
Management And General	$2,840,217	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$3,004,372	TotalAmt
Program Services	$553,327	ProgramServicesAmt
Management And General	$2,451,045	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
CONTRACT SERVICES	$18,886,928	$16,897,132	$1,989,796
MINOR EQUIPMENT, FURNIT	$5,493,225	$4,681,757	$788,273	$23,195
CARES ACT ASSISTANCE	$4,690,452	$4,690,452
REPAIRS AND MAINTENANCE	$3,641,864	$3,134,493	$507,371

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,336,298	TotalAmt
Program Services	$3,913,559	ProgramServicesAmt
Management And General	$2,388,214	ManagementAndGeneralAmt
Fundraising	$34,525	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$399,996,051	TotalAmt
Program Services	$354,826,621	ProgramServicesAmt
Management And General	$42,039,287	ManagementAndGeneralAmt
Fundraising	$3,130,143	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$115,607,860	BOYAmt
EOY	$141,336,327	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,123,094	BOYAmt
EOY	$8,052,568	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$475,322	BOYAmt
EOY	$658,823	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$5,361,162	BOYAmt
EOY	$5,911,580	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$992,596,707	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$275,369,743	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$660,502,146	BOYAmt
EOY	$717,226,964	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$204,671,376	BOYAmt
EOY	$191,147,580	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$40,746,349	BOYAmt
EOY	$49,741,761	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$80,357,088	BOYAmt
EOY	$153,052,149	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,111,844,397	BOYAmt
EOY	$1,267,127,752	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$57,779,989	BOYAmt
EOY	$65,197,805	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$53,710,552	BOYAmt
EOY	$56,351,731	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$337,284,918	BOYAmt
EOY	$439,013,265	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$5,813,277	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$45,019,606	BOYAmt
EOY	$40,696,787	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$499,608,342	BOYAmt
EOY	$601,259,588	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$560,631,953	BOYAmt
EOY	$608,334,737	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$51,604,102	BOYAmt
EOY	$57,533,427	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$612,236,055	BOYAmt
EOY	$665,868,164	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,111,844,397	BOYAmt
EOY	$1,267,127,752	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$76,879,659	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$27,461,298	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$4,213,748	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$12,391,616	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$15,132,649	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$17,624,249	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$24,155,650	CurrentTaxYearMinus1YearAmt
Current Tax Year	$38,218,815	CurrentTaxYearAmt
Total	$107,522,979	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$12,391,616	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$15,132,649	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$17,624,249	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$24,155,650	CurrentTaxYearMinus1YearAmt
Current Tax Year	$38,218,815	CurrentTaxYearAmt
Total	$107,522,979	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$2,855,591	SubstantialContributorsTotAmt
Public Support Total170	$104,667,388	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$4,088,529	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,595,161	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$5,525,695	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,867,270	CurrentTaxYearMinus1YearAmt
Current Tax Year	$9,250,622	CurrentTaxYearAmt
Total	$29,327,277	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,213,109	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,948,129	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,232,258	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,898,454	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,078,229	CurrentTaxYearAmt
Total	$20,370,179	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$157,220,435	TotalSupportAmt
Gross Receipts Rltd Activities	$1,800,164,275	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.66570	PublicSupportCY170Pct
Public Support PY170	0.65640	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	0	VolunteersInd
Paid Staff Or Management	0	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	0	DirectContactLegislatorsInd
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	Yes (1)	OtherActivitiesInd
Total Lobbying Expenditures	$0	TotalLobbyingExpendituresAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B, LINE 1:	FormAndLineReferenceDesc
Explanation	SACRED HEART UNIVERSITY DOES NOT EMPLOY LOBBYISTS AS DEFINED BY STATE STATUTE AS PART OF ITS PAID STAFF OR MANAGEMENT, BUT SOME EMPLOYEES DO INTERACT WITH GOVERNMENT OFFICIALS AND AGENCIES FOR PURPOSES OTHER THAN INFLUENCING LEGISLATION OR PUBLIC OPINION ON LEGISLATIVE MATTERS OR REFERENDA. OCCASIONALLY THIS INCLUDES TESTIFYING BEFORE LEGISLATIVE COMMITTEES ON MATTER RELEVANT TO HIGHER EDUCATION IN THE STATE OF CONNECTICUT. IN ADDITION, SACRED HEART UNIVERSITY PAYS MEMBERSHIP DUES TO NACUBO AND CCIC A PORTION OF THE DUES SUPPORTED A NUMBER OF ADVOCACY EFFORTS.	ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$123,175	RevenuesIncludedAmt
Assets Included	$1,426,338	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$247,117,996	BeginningYearBalanceAmt
Contributions	$12,157,924	ContributionsAmt
Investment Earnings Or Losses	-$18,106,647	InvestmentEarningsOrLossesAmt
Other Expenditures	$1,110,244	OtherExpendituresAmt
End Year Balance	$240,059,029	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$191,568,286	BeginningYearBalanceAmt
Contributions	$8,816,292	ContributionsAmt
Investment Earnings Or Losses	$47,746,818	InvestmentEarningsOrLossesAmt
Other Expenditures	$1,013,400	OtherExpendituresAmt
End Year Balance	$247,117,996	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$178,215,437	BeginningYearBalanceAmt
Contributions	$12,638,158	ContributionsAmt
Investment Earnings Or Losses	$5,611,837	InvestmentEarningsOrLossesAmt
Other Expenditures	$4,897,146	OtherExpendituresAmt
End Year Balance	$191,568,286	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$167,593,741	BeginningYearBalanceAmt
Contributions	$8,678,077	ContributionsAmt
Investment Earnings Or Losses	$8,196,400	InvestmentEarningsOrLossesAmt
Other Expenditures	$6,252,781	OtherExpendituresAmt
End Year Balance	$178,215,437	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$157,819,679	BeginningYearBalanceAmt
Contributions	$6,871,952	ContributionsAmt
Investment Earnings Or Losses	$9,751,467	InvestmentEarningsOrLossesAmt
Other Expenditures	$6,849,357	OtherExpendituresAmt
End Year Balance	$167,593,741	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.82970	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.11370	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.05660	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$69,470,463	OtherCostOrOtherBasisAmt
Book Value	$69,470,463	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$604,810,933	OtherCostOrOtherBasisAmt
Depreciation	$133,209,947	DepreciationAmt
Book Value	$471,600,986	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$92,788,237	OtherCostOrOtherBasisAmt
Depreciation	$49,562,399	DepreciationAmt
Book Value	$43,225,838	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$85,420,455	OtherCostOrOtherBasisAmt
Depreciation	$67,862,217	DepreciationAmt
Book Value	$17,558,238	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$140,106,619	OtherCostOrOtherBasisAmt
Depreciation	$24,735,180	DepreciationAmt
Book Value	$115,371,439	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$717,226,964	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt
INTEREST IN SPLIT-INTEREST AGREEMENTS	$124,103
FUNDS HELD BY BOND TRUSTEE	$128,275,740
OTHER ASSETS	$2,704,623
RIGHT-OF-USE ASSETS- OPERATING LEASES	$21,947,683

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$153,052,149	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
GOVERNMENT GRANTS REFUNDABLE - STUDENT LOANS	$140,150
TAXABLE BONDS	$17,922,849
LEASE LIABILITY	$22,633,788

Field	Value	IRS element (for citing)
Total Liability	$40,696,787	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$337,523,353	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$27,461,298	NetUnrealizedGainsInvstAmt
Other Revenue	-$111,668,200	OtherRevenueAmt
Revenue Not Reported	-$139,129,498	RevenueNotReportedAmt
Revenue Subtotal	$476,652,851	RevenueSubtotalAmt
Investment Expenses Not Incld	$733,826	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	-$510,967	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$222,859	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$476,875,710	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$283,891,244	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$510,967	OtherExpensesIncludedAmt
Expenses Not Reported	$510,967	ExpensesNotReportedAmt
Expenses Subtotal	$283,380,277	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$733,826	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$115,881,948	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$116,615,774	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$399,996,051	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 4:	WORKS OF ART ARE CONTRIBUTED TO THE UNIVERSITY FROM VARIOUS DONORS OR PURCHASED FOR PUBLIC EXHIBITION. THE SCHOOL DISPLAYS THEM IN VARIOUS LOCATIONS ACROSS THE UNIVERSITY FOR PUBLIC VIEWING.
PART V, LINE 4:	THE UNIVERSITY USES THE FUNDS FOR STUDENT SCHOLARSHIPS, TO PROVIDE EDUCATIONAL AND SUPPORT SERVICES TO MAINTAIN AND EXPAND THE UNIVERSITY CAPITAL INFRASTRUCTURE IN ORDER TO MAINTAIN THE UNIVERSITY'S FINANCIAL STABILITY.
PART X, LINE 2:	THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A), AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED. ACCORDINGLY, IT IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. THE UNIVERSITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. NO PROVISION FOR INCOME TAXES WAS REQUIRED FOR FISCAL 2022 OR 2021.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	INSTITUTIONAL AID -115,881,948. CHANGE IN VALUE OF INTEREST RATE SWAPS 4,213,748.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	RENTAL EXPENSES -189,232. FUNDRAISING EXPENSES -321,735.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	RENTAL EXPENSES 189,232. FUNDRAISING EXPENSES 321,735.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	INSTITUTIONAL AID 115,881,948.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE E, PART I, LINE 3

SACRED HEART UNIVERSITY'S POLICY WHICH PROHIBITS DISCRIMINATION AGAINST PERSONS BECAUSE OF RACE, GENDER, SEXUAL ORIENTATION, PREGNANCY, COLOR, MARITAL STATUS, VETERAN STATUS, RELIGION, AGE, DISABILITY, HANDICAP, NATIONAL ORIGIN OR ANCESTRY IN ITS EMPLOYMENT POLICIES AND ITS EDUCATION AND ADMISSIONS PROGRAMS IS AVAILABLE ONLINE, IN ITS ACADEMIC CATALOG, AND WITHIN ITS STUDENT HANDBOOK.

SCHEDULE E, PART I, LINE 6

SACRED HEART UNIVERSITY RECEIVES FUNDS FROM THE US DEPARTMENT OF EDUCATION. THE PROGRAM FUNDS THAT THE UNIVERSITY ADMINISTERS ARE FEDERAL PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (FSEOG) AND FEDERAL WORK-STUDY (FWS), WHICH ARE TITLE IV STUDENT AID PROGRAMS. THE UNIVERSITY ALSO RECEIVES FUNDS AND PROCESSES ACCORDING TO THE CRITERIA OF STATE GOVERNMENT AGENCIES. PRIMARY FUNDING IS FROM THE STATE OF CONNECTICUT OFFICE OF HIGHER EDUCATION. OTHER STATES THAT PROVIDE ASSISTANCE TO STATE RESIDENTS ATTENDING AN OUT OF STATE INSTITUTION ARE PROCESSED AS WE RECEIVE NOTIFICATION OF ENROLLED ELIGIBLE STUDENTS.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM	2	23	PROGRAM SERVICES	EDUCATIONAL	$2,232,842
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,	0	0	INVESTMENTS		$34,203,102
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM	0	0	INVESTMENTS		$10,579,742

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	23	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	23	TotalEmployeeCnt
Subtotal Spent	$47,015,686	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$47,015,686	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

Field	Value	IRS element (for citing)
Type Of Assistance	LUXEMBOURG SCHOLARSHIPS AND DISCOUNTS	TypeOfAssistanceTxt
Region	EUROPE (INCLUDING ICELAND & GREENLAND)	RegionTxt
Recipient	36	RecipientCnt
Cash Grant	$67,995	CashGrantAmt
Manner Of Cash Disbursement	DISCOUNT POSTED TO STUDENT ACCOUNT	MannerOfCashDisbursementTxt

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	Yes (1)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 3:	EXPENDITURES ARE ACCOUNTED FOR USING THE ACCRUAL BASIS OF ACCOUNTING.
PART III, COL (C):	IRELAND: SACRED HEART UNIVERSITY OFFERS STUDENTS THE OPPORTUNITY TO DELVE INTO IRISH CULTURE IN THE HEART OF THE IRISH-SPEAKING DINGLE GAELTACHT REGION. STUDENTS STUDY IN IRISH SURROUNDINGS AND LIVE THE IRISH EXPERIENCE THROUGH HANDS-ON SEMINARS LED BY ACCOMPLISHED SCHOLARS AND LOCAL EXPERTS. WHAT DEVELOPS IS A PROFOUND UNDERSTANDING OF CELTIC CULTURE, AS WELL AS A GREATER APPRECIATION OF DIVERSE SOCIETIES. LUXEMBOURG: THE JACK WELCH COLLEGE OF BUSINESS OFFERS AN MBA CURRICULUM THAT EMPHASIZES A GLOBAL BUSINESS EDUCATION. OUR LUXEMBOURG PROGRAMS FACILITATE A RICH LEARNING EXPERIENCE WITH A FACULTY MIX OF ACCOMPLISHED SCHOLARS AND EXPERIENCED BUSINESS EXECUTIVES FROM BOTH EUROPE AND THE US WHO TEACH IN AN APPLIED LEARNING ENVIRONMENT WITH REAL-WORLD BUSINESS CASE STUDIES AND PROJECTS. SACRED HEART UNIVERSITY LEADERSHIP VOTED TO DISCONTINUE OPERATIONS IN LUXEMBOURG BY THE END OF FY23. SACRED HEART UNIVERSITY OFFERS A VARIETY OF STUDY ABROAD OPPORTUNITIES AROUND THE WORLD FOR SACRED HEART AND VISITING STUDENTS - WITH PROGRAMMING THAT SUPPORTS A BROAD RANGE OF EDUCATIONAL, PROFESSIONAL, AND PERSONAL OBJECTIVES. THE UNIVERSITY OFFERS FACULTY-LED PROGRAMS IN VARIOUS COUNTRIES EACH YEAR. ON THESE PROGRAMS STUDENTS DEVELOP THE HABITS OF MIND, HEART, AND SPIRIT THAT WILL PREPARE THEM TO ENGAGE PURPOSEFULLY IN A GLOBAL WORLD. COURSES COMPLETED ON A SACRED HEART STUDY ABROAD PROGRAM MAY FULFILL GENERAL EDUCATION, ELECTIVE, OR MAJOR/MINOR CREDITS, ENABLING STUDENTS, REGARDLESS OF ACADEMIC PLAN, TO STUDY ABROAD AND GRADUATE ACCORDING TO THEIR INDIVIDUAL SCHEDULES. ADDITIONAL OPPORTUNITIES ARE ALSO AVAILABLE FOR CLINICAL CREDIT OR EXPERIENTIAL LEARNING. SACRED HEART UNIVERSITY SUPPORTS STUDY ABROAD PROGRAMMING BY IDENTIFYING, DEVELOPING, NURTURING, AND MAINTAINING A DIVERSE SET OF INTERNATIONAL PROGRAMS WITH A COMMITMENT TO QUALITY, SAFETY, AFFORDABILITY AND ACCESSIBILITY.
PART III ACCOUNTING METHOD:
SCHEDULE F, PART I, LINE 3 (D)	INVESTMENTS INCLUDED IN THIS SECTION RELATE TO INVESTMENT HOLDINGS INCLUDED IN THE UNIVERSITY'S ENDOWMENT PORTFOLIO.

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (8 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
SNAVELY ASSOCIATES
112 W FOSTER AVE 401	STATE COLLEGE	PA	16801	FUNDRAISING CONSULTING	0	$0	$13,435	$0
LKA FUNDRAISING & COMMNICATIONS INC
4800 SW MACADAM AVE STE 240	PORTLAND	OR	97239	FUNDRAISING CONSULTING	0	$0	$48,340	$0
THE STELTER COMPANY
10435 NY AVENUE	DES MOINES	IA	50322	FUNDRAISING CONSULTING	0	$0	$32,920	$0
FALCON FUNDRAISING
1690 WATERTOWER PLACE	EAST LANSING	MI	48823	FUNDRAISING CONSULTING	0	$0	$8,874	$0
MCALLISTER & QUINN LLC
1030 15TH ST NW STE 590 WEST	WASHINGTON	DC	20005	FUNDRAISING CONSULTING	0	$0	$121,200	$0
PREMIER SPORTS ADVISORS LLC
76 SZOST DRIVE	FAIRFIELD	CT	06824	FUNDRAISING CONSULTING	0	$0	$60,000	$0
EAB GLOBAL INC
2445 M STREET NW	WASHINGTON	DC	20037	FUNDRAISING CONSULTING	0	$0	$49,804	$0
SNYDER GROUP INC
5 RIVER RD SUITE 318	WILTON	CT	06897	FUNDRAISING CONSULTING	0	$0	$84,940	$0

Field	Value	IRS element (for citing)
Total Retained By Contractors	$419,513	TotalRetainedByContractorsAmt
Licensed States	CT	LicensedStatesCd
Licensed States	CA	LicensedStatesCd
Licensed States	IN	LicensedStatesCd
Licensed States	KS	LicensedStatesCd
Licensed States	KY	LicensedStatesCd
Licensed States	NC	LicensedStatesCd
Licensed States	NJ	LicensedStatesCd
Licensed States	NY	LicensedStatesCd
Licensed States	OR	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	SHU INVITATIONAL	Event1Nm
Gross Receipts Event1	$485,037	GrossReceiptsEvent1Amt
Charitable Contri Event1	$374,796	CharitableContriEvent1Amt
Gross Revenue Event1	$110,241	GrossRevenueEvent1Amt
Non Cash Prizes Event1	$80,913	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$9,600	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$19,598	FoodAndBeverageEvent1Amt
Entertainment Event1	$300	EntertainmentEvent1Amt
Other Direct Expenses Event1	$21,259	OtherDirectExpensesEvent1Amt
Event2	ICE HOCKEY GOLF TOURNAMENT	Event2Nm
Gross Receipts Event2	$78,620	GrossReceiptsEvent2Amt
Charitable Contri Event2	$60,580	CharitableContriEvent2Amt
Gross Revenue Event2	$18,040	GrossRevenueEvent2Amt
Non Cash Prizes Event2	$5,196	NonCashPrizesEvent2Amt
Rent Facility Costs Event2	$11,762	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$23,571	FoodAndBeverageEvent2Amt
Entertainment Event2	$0	EntertainmentEvent2Amt
Other Direct Expenses Event2	$650	OtherDirectExpensesEvent2Amt
Other Events Total	6	OtherEventsTotalCnt
Gross Receipts Other Events	$177,471	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$128,164	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$49,307	GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events	$8,299	NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events	$41,274	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$55,344	FoodAndBeverageOtherEventsAmt
Entertainment Other Events	$3,480	EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events	$40,489	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$741,128	GrossReceiptsTotalAmt
Charitable Contributions Tot	$563,540	CharitableContributionsTotAmt
Gross Revenue Total Events	$177,588	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$94,408	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$62,636	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$98,513	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$3,780	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$62,398	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$321,735	DirectExpenseSummaryEventsAmt
Net Income Summary	-$144,147	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	0	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	STRATFIELD VILLAGE ASSOCIATION	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7 LOLA STREET	AddressLine1Txt
City	FAIRFIELD	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06825	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	384040144	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$100,000	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Purpose Of Grant	THE FOUR CORNERS PROJECT	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
FEDERAL AID	653	$502,066	FMV	STUDENT GRANTS
STATE AID	14	$41,250	FMV	STUDENT GRANTS
RESIDENCE HALL ASSISTANT WAIVERS AND AWARDS	148	$1,218,434	FMV	FINANCIAL ASSISTANCE
OTHER SCHOLARSHIPS WHICH ARE NEEDS-BASED OR BASED ON ATHLETIC OR ACADEMIC TALENTS	4707	$114,052,203	FMV	ACADEMIC ACHIEVEMENT/NEED BASED FINANCIAL ASSISTANCE

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE THREE AREAS OF FINANCIAL ASSISTANCE TO STUDENTS ARE LOANS, GRANTS, AND EMPLOYMENT (WORK-STUDY). THESE ARE GENERALLY AWARDED ON THE BASIS OF FINANCIAL NEED, DETERMINED BY AN ANALYSIS OF FAMILY INCOME AND ASSETS. SCHOLARSHIPS ARE ANOTHER SOURCE OF FINANCIAL ASSISTANCE, AWARDED ON THE BASIS OF ACADEMIC ACHIEVEMENT, ATHLETICS OR PERFORMING ARTS, COMMUNITY SERVICE OR LEADERSHIP. CRITERIA FOR MERIT BASED AWARDS MAY ALSO INCLUDE A FINANCIAL NEEDS REQUIREMENT. THE UNIVERSITY MONITORS THE AMOUNT ISSUED BY CALCULATING A COST OF ATTENDANCE, ASSESSING AN ESTIMATED FAMILY CONTRIBUTION (EFC), AND DERIVING A LEVEL OF FINANCIAL NEED. ONCE THE AMOUNT(S) OF AID HAVE BEEN DETERMINED FOR THE INDIVIDUAL, IT IS DISPERSED TO THE STUDENT'S ACCOUNT AND IS CONTROLLED BY THE BURSAR'S OFFICE. SEVERAL REPORTS/SURVEYS ARE USED ANNUALLY TO MONITOR THE DISTRIBUTION OF GRANT ASSISTANCE; FOR EXAMPLE, FISAP REPORT TO USDE, A-133 AUDIT, FEDERAL IPEDS REPORT, STATE ANNUAL AUDIT, AND VARIOUS SURVEYS THAT TYPICALLY USE INFORMATION FROM THE COMMON DATA SET (CDS).	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	Yes (1)	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	Yes (1)	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	Yes (1)	InitialContractExceptionInd
Rebuttable Presumption Proc	0	RebuttablePresumptionProcInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JOHN J PETILLO PHD
PRESIDENT	$611,344	$0	$547,500	$0	$28,011	$0	$23,950	$0	$105,696	$0	$1,316,501	$0	$0	$0
JAMES BARQUINERO
SR. VICE PRESIDENT	$320,238	$0	$125,000	$0	$3,524	$0	$33,200	$0	$25,627	$0	$507,589	$0	$0	$0
RUPENDRA PALIWAL
PROVOST & VP FOR ACADEMIC AFFAIRS	$352,804	$0	$89,225	$0	$1,101	$0	$23,200	$0	$0	$0	$466,330	$0	$0	$0
MARTHA CRAWFORD
DEAN	$340,862	$0	$87,484	$0	$483	$0	$16,080	$0	$13,186	$0	$458,095	$0	$0	$0
MICHAEL LAROBINA ESQ
GENERAL COUNSEL	$235,846	$0	$100,000	$0	$1,189	$0	$26,421	$0	$11,689	$0	$375,145	$0	$0	$0
DAVID COPPOLA
SR. VP ADMIN & PLANNING	$272,870	$0	$62,710	$0	$1,551	$0	$13,635	$0	$24,014	$0	$374,780	$0	$0	$0
PHILIP MCCABE
SR. VP FOR FINANCE	$240,534	$0	$71,624	$0	$7,066	$0	$25,726	$0	$25,627	$0	$370,577	$0	$0	$0
ROBIN CAUTIN
ACTING PROVOST & VP FOR ACADEMIC	$233,023	$0	$102,500	$0	$834	$0	$19,037	$0	$11,232	$0	$366,626	$0	$0	$0
ROBERT M HARDY
VICE PRESIDENT	$242,900	$0	$90,000	$0	$3,406	$0	$26,792	$0	$2,000	$0	$365,098	$0	$0	$0
MAURA IVERSEN
DEAN	$227,524	$0	$57,276	$0	$13,607	$0	$18,584	$0	$11,978	$0	$328,969	$0	$0	$0
MICHAEL IANNAZZI
VICE PRESIDENT	$231,510	$0	$61,836	$0	$2,166	$0	$16,380	$0	$9,769	$0	$321,661	$0	$0	$0
SHIRLEY CANNAN
VP OF INFO TECHNOLOGY	$186,001	$0	$61,060	$0	$1,084	$0	$15,264	$0	$11,689	$0	$275,098	$0	$0	$0
ROBERT J VALENTINE
ED OF ATHLETICS	$255,273	$0	$0	$0	$2,417	$0	$16,644	$0	$0	$0	$274,334	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	THE UNIVERSITY PROVIDES ON CAMPUS HOUSING TO ITS PRESIDENT FOR THE CONVENIENCE OF THE UNIVERSITY. THE ESTIMATED RENT IS INCLUDED AS A NON-TAXABLE BENEFIT IN PART II, COLUMN D.
PART I, LINE 3	COMPENSATION FOR THE UNIVERSITY'S PRESIDENT/CEO IS DETERMINED THROUGH AN EXTENSIVE REVIEW OF THE JOB RESPONSIBILITIES AND EXPECTATIONS OUTLINED BY THE BOARD. THE COMPENSATION COMMITTEE THEN PERFORMS A REVIEW OF EXTERNAL MARKET AND INDUSTRY SURVEY AND STUDY DATA. CONSIDERATION OF ALL ADDITIONAL RESPONSIBILITIES ARE DETAILED OUT IN SPECIFIC LANGUAGE IN AN EMPLOYMENT CONTRACT APPROVED BY OUR LEGAL COUNSEL. FINAL SALARY RANGES ARE THEN DETERMINED BY THE COMPENSATION COMMITTEE. COMPENSATION IS DETERMINED BY THE EVALUATION OF THE JOB DESCRIPTION AGAINST EXTERNAL MARKET DATA AVAILABLE AS WELL AS THE REVIEW OF OUR INTERNAL EMPLOYEE DATA. CONSIDERATION OF ADDITIONAL RESPONSIBILITIES AND OTHER FACTORS MAY ALSO CONTRIBUTE IN DETERMINING COMPENSATION. THE DELIBERATION AND DECISION ARE CONTEMPORANEOUSLY DOCUMENTED.
PART I, LINE 5	BONUSES ARE PAID TO SENIOR STAFF MEMBERS BASED IN PART ON ACHIEVING BUDGETED REVENUE GOALS.
PART I, LINE 6	BONUSES ARE PAID TO SENIOR STAFF MEMBERS BASED IN PART ON ACHIEVING THE TRANSFER TO THE TRUSTEE RESERVES. SENIOR STAFF MEMBERS HAVE PERFORMANCE MEASURES FOR MANAGING THE UNIVERSITY TO MAINTAIN A BALANCED BUDGET.
PART I, LINE 7	THERE ARE QUANTITATIVE MEASURES THAT ARE APPLIED IN DETERMINING BONUSES TO SENIOR STAFF MEMBERS. THE PRESIDENT AND THE BOARD HAVE DISCRETION TO ADJUST THE PAYMENTS FOR UNUSUAL CIRCUMSTANCES. IN ALL CASES, THESE PAYMENTS ARE REVIEWED WITH AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES.
PART I, LINE 8	THE FOLLOWING INDIVIDUAL LISTED ON FORM 990, PART VII RECEIVED COMPENSATION THAT WAS PAID PURSUANT TO AN INITIAL CONTRACT WITH THE UNIVERSITY: - ROBIN CAUTIN, ACTING PROVOST & VP FOR ACADEMIC - DAVID COPPOLA, SR. VICE PRESIDENT ADMINISTRATION & PLANNING - MARTHA CRAWFORD, DEAN - PHILIP MCCABE, SR. VICE PRESIDENT FOR FINANCE

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
SACRED HEART UNIVERSITY - SERIES I-1
A	060776644	20774Y2C0	2017-11-22	$157,271,506	SEE PART VI	0	0	0
SACRED HEART UNIVERSITY - SERIES J-1
B	060776644		2017-11-22	$53,465,000	SEE PART VI	0	0	0
SACRED HEART UNIVERSITY - SERIES K
C	060776644	20775DJT0	2002-09-22	$150,439,692	SEE PART VI	0	0	0
SACRED HEART UNIVERSITY - SERIES L
D	060776644	20775DTR3	2022-04-19	$112,608,678	SEE PART VI	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	UnspentUnspentAmt
A	$13,780,000	$157,271,506	$1,035,765	$50,463,737	$105,772,004	2019	Yes (1)	Yes (1)	Yes (1)
B	$9,402,931	$53,465,000	$372,301		$53,092,699		Yes (1)	Yes (1)	Yes (1)
C	$2,595,000	$150,439,692	$992,749	$149,446,943		2021	0	Yes (1)	Yes (1)
D		$112,608,678	$856,786				0	0	Yes (1)	$111,751,892

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Private Bus Use By OthersPrivateBusUseByOthersPct	Total Private Business UseTotalPrivateBusinessUsePct	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	Yes (1)	Yes (1)	0.00190	0.00190	Yes (1)
B	Yes (1)	Yes (1)	0.00020	0.00020	Yes (1)
C	Yes (1)	Yes (1)	0.00000	0.00000	Yes (1)
D	Yes (1)	Yes (1)	0.00000	0.00000	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	Term Of HedgeTermOfHedgePct	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd
(no name)
A	0	0	0	Yes (1)	0	0	0	0	Yes (1)
M&T BANK
B	0	0	0	Yes (1)	Yes (1)	Yes (1)	0	0	Yes (1)	19.600000000000	Yes (1)	0
(no name)
C	0	0	0	Yes (1)	0	0	0	0	Yes (1)
(no name)
D	0	0	0	Yes (1)	0	0	0	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	Yes (1)
D	Yes (1)

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE K, PART I, LINE A (F):	REFUNDING AND DEFEASANCE OF SERIES H, SETTLE LOC, CONSTRUCTION.
SCHEDULE K, PART I, LINE B (F):	REFUNDING AND DEFEASANCE OF EARLIER SERIES F AND PORTION OF SERIES G.
SCHEDULE K, PART I, LINE C (F):	CONTRUCTION PROJECTS INCLUDING RESIDENTIAL HOUSING.
SCHEDULE K, PART I, LINE D (F):	CONTRUCTION PROJECTS INCLUDING RESIDENTIAL HOUSING AND ACADEMIC FACILITIES RENOVATION/EXPANSION
SCHEDULE K, PART IV, COL. A LINE 2C	SERIES I-1 CALCULATION WAS PERFORMED FOR THE PERIOD 11/11/17 -11/22/22, AND RESULTED IN A NEGATIVE REBATE LIABILITY
SCHEDULE K, PART IV, COL. B LINE 2C	SERIES J-1 CALCULATION WAS PERFORMED FOR THE PERIOD 11/11/17 -11/22/22, AND RESULTED IN A NEGATIVE REBATE LIABILITY
SCHEDULE K, PART IV, COL. C LINE 2C	SERIES K CALCULATION WILL NOT BE DUE UNTIL 9/22/2025
SCHEDULE K, PART IV, COL. D LINE 2C	SERIES L CALCULATION WILL NOT BE DUE UNTIL 4/19/2027

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)

Cash GrantCashGrantAmt	Type Of AssistanceTypeOfAssistanceTxt	Assistance PurposeAssistancePurposeTxt
$26,433	GRANT AND OTHER ASSISTANCE	FINANCIAL AID
$18,520	SCHOLARSHIP AND OTHER ASSISTANCE	SCHOLARSHIP

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	90	ContributionCnt
Noncash Contributions Rpt F990	$123,175	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$272	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	15	ContributionCnt
Noncash Contributions Rpt F990	$183,465	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	4	ContributionCnt
Noncash Contributions Rpt F990	$220	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	7	ContributionCnt
Noncash Contributions Rpt F990	$139,500	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	ANIMAL	1	$85,000	FMV
Yes (X)	SPECIAL EVENT GIFTS	22	$3,230	FMV
Yes (X)	EQUIPMENT	36	$2,139	FMV

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	0	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, COLUMN (B):	FormAndLineReferenceDesc
Explanation	NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE FOLLOWING IS THE SUCCESSION OF THE REVIEWS THAT OCCUR PRIOR TO FILING FORM 990. REVISIONS TO THE RETURN MAY BE MADE AT ANY POINT PRIOR TO FINAL FILING OF THE RETURN: THE RETURN IS PREPARED BY AN OUTSIDE PREPARER WITH THE ASSISTANCE OF THE ACCOUNTING STAFF. THE RETURN IS THEN INDEPENDENTLY REVIEWED BY THE CONTROLLER AND VP FOR FINANCE. COPIES OF THE RETURN ARE PROVIDED TO THE PRESIDENT, EACH MEMBER OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND THE CORPORATE SECRETARY FOR THEIR REVIEW AND COMMENT PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	EVERY YEAR, THE CONFLICT OF INTEREST POLICY IS REVIEWED. ALL KEY EMPLOYEES, TRUSTEES AND OFFICERS OF THE UNIVERSITY ARE REQUIRED TO REVIEW AND COMPLETE THE FORMS AS APPROPRIATE, SIGN, AND SUBMIT THE FORMS TO THEIR MANAGER OR BOARD SECRETARY FOR REVIEW AND SIGNATURE.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION FOR THE UNIVERSITY'S PRESIDENT/CEO IS DETERMINED THROUGH AN EXTENSIVE REVIEW OF THE JOB RESPONSIBILITIES AND EXPECTATIONS OUTLINED BY THE BOARD. THE COMPENSATION COMMITTEE THEN PERFORMS A REVIEW OF EXTERNAL MARKET AND INDUSTRY SURVEY AND STUDY DATA. CONSIDERATION OF ALL ADDITIONAL RESPONSIBILITIES ARE DETAILED OUT IN SPECIFIC LANGUAGE IN AN EMPLOYMENT CONTRACT APPROVED BY OUR LEGAL COUNSEL. FINAL SALARY RANGES ARE THEN DETERMINED BY THE COMPENSATION COMMITTEE. COMPENSATION FOR OTHER KEY EMPLOYEES IS DETERMINED BY THE EVALUATION OF THE JOB DESCRIPTION AGAINST EXTERNAL MARKET DATA AVAILABLE AS WELL AS THE REVIEW OF OUR INTERNAL EMPLOYEE DATA. CONSIDERATION OF ADDITIONAL RESPONSIBILITIES AND OTHER FACTORS MAY ALSO CONTRIBUTE IN DETERMINING COMPENSATION. COMPENSATION FOR THE UNIVERSITY'S OTHER OFFICERS AND KEY EMPLOYEES IS ORIGINALLY DETERMINED BASED ON EXTERNAL MARKET AND INDUSTRY SURVEY AS WELL AS THE REVIEW OF OUR INTERNAL EMPLOYEE DATA. ANY ADDITIONAL RESPONSIBILITIES ARE ALSO CONSIDERED. THE DATA IS REVIEWED BY A COMMITTEE AUTHORIZED BY THE BOARD OF TRUSTEES. DECISIONS AND AUTHORIZATIONS ARE DOCUMENTED AND PLACED ON FILE WITH THE VICE PRESIDENT OF HUMAN RESOURCES. FINAL ANNUAL SALARY RECOMMENDATIONS FROM THE PRESIDENT ARE SUBMITTED FOR REVIEW AND APPROVED BY THE HUMAN RESOURCES COMPENSATION COMMITTEE.
FORM 990, PART VI, SECTION C, LINE 19	GUIDESTAR.ORG POSTS THE UNIVERSITY'S 990 FILING ANNUALLY. THIS MAKES THE 990 WIDELY AVAILABLE THROUGH THE INTERNET. COPIES ARE ALSO MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. GOVERNING DOCUMENTS AND THE ANNUAL FINANCIAL REPORT ARE MADE AVAILABLE TO BOARD MEMBERS AND IN COMPLIANCE WITH DEBT COVENANTS. UNIVERSITY EMPLOYEE AND FACULTY HANDBOOKS ARE POSTED ON THE UNIVERSITY WEBSITE. IN ADDITION, ALL STAFF AND FACULTY RECEIVE A HARD COPY. THE CONFLICT OF INTEREST POLICY IS ANNUALLY DISTRIBUTED ONLY TO KEY EMPLOYEES, DIRECTORS, AND OFFICERS OF THE UNIVERSITY TO SIGN AND RETURN.
FORM 990, PART XI, LINE 9:	CHANGE IN VALUE OF INTEREST RATE SWAPS 4,213,748.
FORM 990, PART XII, LINE 2C:	THERE WERE NO CHANGES TO THE UNIVERSITY'S OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd
CORAM LANE LLC
5151 PARK AVE	FAIRFIELD	CT	06825	475563897	OPERATION OF GREAT RIVER GOLF CLUB	CT	$96	$6,146,736	SACRED HEART UNIVERSITY
SACRED HEART CAMPUS IN DINGLE
					CURRICULUM EXPANSION		$1,077,891	$1,849,074	SACRED HEART UNIVERSITY	THE MALL	DINGLE	CO KERRY	EI	EI

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE R, PART I	FormAndLineReferenceDesc
Explanation	IN FY22 CORAM LANE ENTERED INTO A MANAGEMENT AGREEMENT WITH SACRED HEART UNIVERSITY TO MANAGE THE OPERATIONS OF GREAT RIVER GOLF COURSE.	ExplanationTxt