MONMOUTH UNIVERSITY INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MONMOUTH UNIVERSITY INC (EIN 21-0634584)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-05
IRS object ID
202541259349301439
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-05T10:42:12-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN991856619PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1757 THIRD AVENUE 3RD FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100172013ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN210634584EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MONMOUTH UNIVERSITY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMONMBusinessNameControlTxt
Phone7325713407PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 CEDAR AVENUEAddressLine1Txt
CityWEST LONG BRANCHCityNm
State AbbreviationNJStateAbbreviationCd
ZIP077641898ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPATRICK F LEAHYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7325713407PhoneNum
Signature2025-05-05SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDANIEL ROMANOPreparerPersonNm
PTINP00504182PTIN
Phone2125990100PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1MONMOUTH UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerPATRICK F LEAHYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 CEDAR AVENUEAddressLine1Txt
CityWEST LONG BRANCHCityNm
State AbbreviationNJStateAbbreviationCd
ZIP077641898ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$411,780,737GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MONMOUTH.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1948FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionMONMOUTH UNIVERSITY IS A COMPREHENSIVE INSTITUTION OF HIGHER EDUCATION (CONTINUED ON SCH. O) COMMITTED TO EXCELLENCE AND INTEGRITY IN TEACHING, SCHOLARSHIP AND SERVICE.ActivityOrMissionDesc
Voting Members Governing Body33VotingMembersGoverningBodyCnt
Voting Members Independent31VotingMembersIndependentCnt
Total Employee2902TotalEmployeeCnt
Total Volunteers906TotalVolunteersCnt
Total Gross UBI$1,027,222TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$472,849NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$37,631,718PYContributionsGrantsAmt
CY Contributions Grants$28,466,826CYContributionsGrantsAmt
PY Program Service Revenue$229,979,635PYProgramServiceRevenueAmt
CY Program Service Revenue$241,884,246CYProgramServiceRevenueAmt
PY Investment Income$5,845,828PYInvestmentIncomeAmt
CY Investment Income$10,431,201CYInvestmentIncomeAmt
PY Other Revenue$1,372,823PYOtherRevenueAmt
CY Other Revenue$1,784,460CYOtherRevenueAmt
PY Total Revenue$274,830,004PYTotalRevenueAmt
CY Total Revenue$282,566,733CYTotalRevenueAmt
PY Grants And Similar Paid$82,527,972PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$87,953,338CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$119,430,124PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$117,706,850CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,740,773CYTotalFundraisingExpenseAmt
PY Other Expenses$59,753,390PYOtherExpensesAmt
CY Other Expenses$58,573,488CYOtherExpensesAmt
PY Total Expenses$261,711,486PYTotalExpensesAmt
CY Total Expenses$264,233,676CYTotalExpensesAmt
PY Revenues Less Expenses$13,118,518PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$18,333,057CYRevenuesLessExpensesAmt
Total Assets BOY$440,888,728TotalAssetsBOYAmt
Total Assets EOY$472,111,014TotalAssetsEOYAmt
Total Liabilities BOY$47,500,778TotalLiabilitiesBOYAmt
Total Liabilities EOY$49,371,930TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$393,387,950NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$422,739,084NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMONMOUTH UNIVERSITY IS A COMPREHENSIVE INSTITUTION OF HIGHER EDUCATION COMMITTED TO EXCELLENCE AND INTEGRITY IN TEACHING, SCHOLARSHIP AND SERVICE. THROUGH ITS OFFERINGS IN LIBERAL ARTS, SCIENCES, AND PROFESSIONAL PROGRAMS, MONMOUTH UNIVERSITY EDUCATES AND PREPARES STUDENTS TO REALIZE THEIR POTENTIAL AS LEADERS AND TO BECOME ENGAGED CITIZENS IN A DIVERSE AND INCREASINGLY INTERDEPENDENT WORLD.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$224,276,607ExpenseAmt
Grant$87,953,338GrantAmt
Revenue$241,884,246RevenueAmt
DescSEE SCHEDULE OHIGHER EDUCATION, RESEARCH AND PUBLIC SERVICE:MONMOUTH UNIVERSITY'S 170.21-ACRE CAMPUS IS LOCATED IN WEST LONG BRANCH ALONG NEW JERSEY'S NORTHERN COASTLINE, AND APPROXIMATELY ONE HOUR FROM BOTH NEW YORK CITY AND PHILADELPHIA. MONMOUTH IS A PRIVATE UNIVERSITY THAT OFFERS INNOVATIVE ACADEMIC PROGRAMS INCLUDING 33 BACHELOR'S DEGREES, 23 MASTER'S DEGREES AND FOUR DOCTORAL DEGREES THROUGH THE SIX ACADEMIC SCHOOLS OF LEON HESS BUSINESS SCHOOL, EDUCATION, HUMANITIES AND SOCIAL SCIENCES, NURSING AND HEALTH STUDIES, SCIENCE, AND SOCIAL WORK; AND ALSO, THE UNIVERSITY HAS AN HONORS SCHOOL.AT MONMOUTH UNIVERSITY, THERE ARE SIX UNIQUE ORGANIZATIONS, KNOWN AS CENTERS OF DISTINCTION, WHICH WORK TO PROMOTE AWARENESS OF SPECIFIC ISSUES AND MEET THE NEEDS OF LOCAL AND GLOBAL COMMUNITIES. MONMOUTH'S CENTERS OF DISTINCTION - THE INSTITUTE OF HEALTH AND WELLNESS (IHW), THE POLLING INSTITUTE, THE URBAN COAST INSTITUTE, THE KISLAK REAL ESTATE INSTITUTE, THE CENTER OF THE ARTS, AND THE BRUCE SPRINGSTEEN ARCHIVES AND CENTER FOR AMERICAN MUSIC - PROVIDE IMPORTANT SERVICES IN AREAS SUCH AS THE ENVIRONMENT, GLOBAL AFFAIRS, AND PUBLIC POLICY AS WELL AS HANDS-ON LEARNING OPPORTUNITIES FOR THE STUDENTS.MONMOUTH IS ACCREDITED BY THE MIDDLE STATES COMMISSION OF HIGHER EDUCATION AND HOLDS SPECIALIZED ACCREDITATIONS WITH THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS (AACSB), ENGINEERING ACCREDITATION COMMISSION OF ABET, ACCREDITATION COUNCIL FOR OCCUPATIONAL THERAPY EDUCATION (ACOTE) (OTD), COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE), COUNCIL ON SOCIAL WORK EDUCATION (CSWE), COUNCIL FOR ACCREDITATION FOR EDUCATOR PREPARATION (CAEP), COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATION PROGRAMS (CACREP) (MSED AND MS CLINICAL MENTAL HEALTH COUNSELING), COUNCIL ON ACADEMIC ACCREDITATION IN AUDIOLOGY AND SPEECH-LANGUAGE PATHOLOGY OF THE AMERICAN SPEECH AND-LANGUAGE HEARING ASSOCIATION (ASHA) (MSED SPEECH-LANGUAGE PATHOLOGY), ARC-PA (ACCREDITATION PROBATION STATUS), ON THE APPROVED LIST OF THE AMERICAN CHEMICAL SOCIETY (ACS) BS CHEMISTRY WITH A CONCENTRATION IN ADVANCED CHEMISTRY AND THE CERTIFICATE IN APPLIED BEHAVIOR ANALYSIS IS THE COURSE SEQUENCE APPROVED BY THE BEHAVIOR ANALYST CERTIFICATION BOARD TO BE ELIGIBLE TO TAKE THE BOARD CERTIFIED BEHAVIOR ANALYST EXAMINATION.MONMOUTH'S FALL 2023 STUDENT ENROLLMENT WAS 3,842 UNDERGRADUATE (97% FULL-TIME) AND 1,139 GRADUATE STUDENTS (51% FULL-TIME) WHO REPRESENTED 40 STATES AND THE DISTRICT OF COLUMBIA AND 33 COUNTRIES. MONMOUTH EMPLOYS 271 FULL-TIME FACULTY OF WHOM 85% HAVE EARNED THEIR TERMINAL DEGREE. MONMOUTH STUDENTS RECEIVE INDIVIDUALIZED FACULTY ATTENTION WITH A 12:1 STUDENT-TO-FACULTY RATIO AND AVERAGE CLASS SIZES OF 18 FOR UG OR 13 FOR GR. MONMOUTH'S RIGOROUS EDUCATION, WHICH HAS FOUNDATION IN THE LIBERAL ARTS AND AN EMPHASIS ON TRANSFORMATIVE LEARNING IN AND OUTSIDE OF THE CLASSROOM, INCLUDES AN EXPERIENTIAL EDUCATION DEGREE REQUIREMENT FOR ALL UNDERGRADUATE STUDENTS. THE MONMOUTH EXPERIENCE EMPHASIZES CULTURAL AND GLOBAL LITERACY IN THE CURRICULA AND THROUGH OUR STUDY ABROAD AND SERVICE LEARNING OPPORTUNITIES. MONMOUTH'S FIRST-YEAR RETENTION IS 81.6% AND OUR SIX-YEAR GRADUATION RATE IS 70.3%.MONMOUTH'S BEAUTIFUL COASTAL RESIDENTIAL CAMPUS HOUSES AS MANY AS 2,050 STUDENTS ON CAMPUS OR IN UNIVERSITY-OWNED OR SPONSORED OFF-CAMPUS BUILDINGS AND SITS AT THE HEART OF A VIBRANT CULTURE RICH IN HISTORY, THE ARTS, TECHNOLOGY AND ENTREPRENEURSHIP. OUR RENOWNED FACULTY ARE ACTIVELY INVOLVED IN ADVANCING ACADEMIC RESEARCH NATIONWIDE WHILE ENCOURAGING MEANINGFUL COMMUNITY INVOLVEMENT AND CRITICAL THINKING FOR SELF-FULFILLMENT. MONMOUTH HAS 24 DIVISION I NCAA ATHLETIC TEAMS, 15 CLUB SPORTS, AND 12 INTRAMURAL SPORTS. IN ADDITION TO ATHLETICS THERE ARE OVER 130 CLUBS, 31 ACADEMIC/LEADERSHIP HONOR SOCIETIES, GREEK LIFE, A RADIO STATION, A TELEVISION STATION, AND AN AWARD WINNING STUDENT NEWSPAPER. THE ACADEMIC NEEDS OF STUDENTS ARE SUPPORTED BY THE CENTER FOR STUDENT SUCCESS WITH SERVICES THAT INCLUDE ACADEMIC ADVISING, ACADEMIC TRANSITIONS, TUTORIAL AND WRITING SERVICES AND PEER-ASSISTED LEARNING. MONMOUTH'S OFFICE OF CAREER DEVELOPMENT, A COMPREHENSIVE RESOURCE CENTER, ASSISTS STUDENTS AND ALUMNI WITH SUCCESSFULLY MEETING THEIR CAREER OBJECTIVES.OUR PROGRESS HAS BEEN WIDELY RECOGNIZED IN ANNUAL RANKINGS OF HIGHER EDUCATION, INCLUDING THE PRINCETON REVIEW'S LIST OF "BEST COLLEGES," MONEY MAGAZINE'S "BEST COLLEGES IN AMERICA, AND FORBES' "AMERICA'S TOP COLLEGES." IN THE 2025 EDITION OF U.S. NEWS AND WORLD REPORT'S "BEST COLLEGES," MONMOUTH UNIVERSITY RANKED 15 IN THE REGIONAL UNIVERSITIES NORTH CATEGORY, AND SECOND IN NEW JERSEY WITHIN THE SAME CATEGORY, RISING 13 SPOTS IN THE PAST SIX YEARS AND 61 SPOTS OVER THE PAST 20 YEARS. MONMOUTH UNIVERSITY IS ALSO RECOGNIZED IN WASHINGTON MONTHLY'S ANNUAL COLLEGE RANKINGS THAT ARE BASED ON OVERALL CONTRIBUTION TO THE PUBLIC GOOD IN THREE BROAD CATEGORIES: SOCIAL MOBILITY, RESEARCH AND PROVIDING OPPORTUNITIES FOR PUBLIC SERVICE.FOR ADDITIONAL INFORMATION, PLEASE VISIT OUR WEBSITE AT WWW.MONMOUTH.EDU.Desc
Total Program Service Expenses$224,276,607TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document607IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2902EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members33GoverningBodyVotingMembersCnt
Independent Voting Member31IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMARY BYRNEPersonNm
Phone7325713407PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 CEDAR AVENUEAddressLine1Txt
CityWEST LONG BRANCHCityNm
State AbbreviationNJStateAbbreviationCd
ZIP077641898ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (55 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
PATRICK F LEAHY
PRESIDENT63.007.00Yes (X)Yes (X)$844,789$0$184,220
CHRISTOPHER D MAHER
TRUSTEE AND CHAIRMAN7.000.00Yes (X)Yes (X)$0$0$0
LESLIE N HITCHNER
TRUSTEE AND VICE CHAIRMAN5.001.00Yes (X)Yes (X)$0$0$0
TASHA ANN YOUNGBLOOD BROWN
TRUSTEE AND VICE CHAIRMAN7.000.00Yes (X)Yes (X)$0$0$0
STEPHEN E GERARD
TRUSTEE AND TREASURER5.000.00Yes (X)Yes (X)$0$0$0
DEAN Q LIN
TRUSTEE AND SECRETARY3.000.00Yes (X)Yes (X)$0$0$0
MILES AUSTIN III
TRUSTEE1.000.00Yes (X)$0$0$0
MICHAEL V BENEDETTO
TRUSTEE2.000.00Yes (X)$0$0$0
JOHN A BROCKRIEDE JR
TRUSTEE1.000.00Yes (X)$0$0$0
THOMAS D BYER
TRUSTEE1.000.00Yes (X)$0$0$0
JOHN C CONOVER III
TRUSTEE1.000.00Yes (X)$0$0$0
KARYN F CUSANELLI
TRUSTEE2.000.00Yes (X)$0$0$0
MARY VADEN EISENSTADT
TRUSTEE1.000.00Yes (X)$0$0$0
JEREMY GRUNIN
TRUSTEE1.000.00Yes (X)$0$0$0
KANESHA K JONES
TRUSTEE (AS OF 07/2023)1.000.00Yes (X)$0$0$0
RAYMOND G KLOSE
TRUSTEE2.000.00Yes (X)$0$0$0
GEORGE KOLBER
TRUSTEE1.000.00Yes (X)$0$0$0
MARI C KOVACH
TRUSTEE1.000.00Yes (X)$0$0$0
NANCY A LEIDERSDORFF
TRUSTEE1.000.00Yes (X)$0$0$0
ALAINA L LOVE
TRUSTEE1.000.00Yes (X)$0$0$0
LISA MCKEAN
TRUSTEE2.001.00Yes (X)$0$0$0
THOMAS J MICHELLI
TRUSTEE2.000.00Yes (X)$0$0$0
VALERIE MONTECALVO
TRUSTEE1.000.00Yes (X)$0$0$0
TAVIT O NAJARIAN
TRUSTEE1.000.00Yes (X)$0$0$0
BAYAAN A OLUYADI
TRUSTEE (AS OF 07/2023)1.000.00Yes (X)$0$0$0
JEANA M PISCATELLI
TRUSTEE1.001.00Yes (X)$0$0$0
ROCIO F SEREY
TRUSTEE (AS OF 07/2023)1.000.00Yes (X)$0$0$0
CHRISTOPHER W SHAW
TRUSTEE2.000.00Yes (X)$0$0$0
MARK SKESAVAGE
TRUSTEE1.000.00Yes (X)$0$0$0
CAROL A STILLWELL
TRUSTEE1.000.00Yes (X)$0$0$0
MARIANNE HESSE
LIFE TRUSTEE1.000.00Yes (X)$0$0$0
HAROLD L HODES
LIFE TRUSTEE1.000.00Yes (X)$0$0$0
WILLIAM B ROBERTS
LIFE TRUSTEE1.000.00Yes (X)$0$0$0
ROBERT MCCAIG
VP ENROLLMENT MANAGEMENT & MARKETING55.000.00Yes (X)$273,096$0$66,834
EDWARD CHRISTENSEN
VP / INFORMATION MANAGEMENT55.000.00Yes (X)$254,274$0$76,677
AMANDA M KLAUS
VP UNIVERSITY ADVANCEMENT55.000.00Yes (X)$269,182$0$35,766
CHARLENE K DIANA
VP AND GENERAL COUNSEL55.005.00Yes (X)$265,803$0$35,779
RICHARD F VEIT JR - PROVOST
& SR. VP ACAD. AFF. (AS OF 04/2024)55.000.00Yes (X)$233,473$0$61,189
PAMELA SCOTT-JOHNSON - PROVOST
& SR. VP ACAD. AFF. (THRU 07/2023)55.000.00Yes (X)$264,637$0$28,181
TIMOTHY ORR - EXEC DIR
CAMPUS PLANNING / FACILITIES55.000.00Yes (X)$189,823$0$29,572
JAMES PILLAR
VP FOR STUDENT LIFE55.000.00Yes (X)$175,873$0$41,526
DAVID GOLLAND - DEAN OF
SCH. OF HUMANITIES & SOCIAL SCIENCES50.000.00$254,112$0$39,720Yes (X)
SUSAN GUPTA
ASSOCIATE PROVOST55.000.00$219,193$0$61,947Yes (X)
ROBYN SALVO
ASSOCIATE VP HUMAN RESOURCES55.000.00$194,650$0$42,296Yes (X)
JOSEPH PINGITORE
ASSOCIATE VP FINANCE AND BUDGETS55.000.00$186,665$0$20,704Yes (X)
MARY BYRNE
ASSOCIATE VP AND CONTROLLER55.000.00$190,551$0$16,594Yes (X)
KING D RICE
HEAD MENS BASKETBALL COACH40.000.00$577,418$0$68,404Yes (X)
PRAKASAM R DEVASAGAYAM
DEAN OF BUSINESS SCHOOL50.000.00$315,700$0$65,749Yes (X)
PATRICK MURRAY
DIRECTOR / POLLING INSTITUTE40.000.00$252,149$0$56,064Yes (X)
KEVIN J CALLAHAN
HEAD FOOTBALL COACH40.000.00$252,455$0$49,724Yes (X)
ANTHONY MACDONALD
DIRECTOR URBAN COAST INSTITUTE40.000.00$255,763$0$40,383Yes (X)
WILLIAM CRAIG
FORMER VP FOR FINANCE0.000.00$372,485$0$49,072Yes (X)
MARY ANNE NAGY
FORMER VP FOR STUDENT SERVICES0.000.00$312,639$0$14,722Yes (X)
REKHA DATTA
PROFESSOR40.000.00$232,593$0$20,876Yes (X)
LAURA MORIARTY
PROFESSOR40.000.00$150,631$0$19,605Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$6,537,954TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,125,604TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K258IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
COMPASS GROUP USA INC DBA GOURMET DIN
PO BOX 417632BOSTONMA022417632FOOD SERVICE$7,555,978
CORPORATE INCENTIVES INC DBA CI-GRO
291 US 22 EAST BLDG 9LEBANONNJ08833ADVERTISING$874,903
MAGNOLIA DEVELOPMENT
50-B MAIN STREETSUCCASUNNANJ07876BUILDING CONTRACTOR$638,257
THOMAS FARRELL LANDSCAPE SUPPLY INC
761 SHREWSBURY AVENUESHREWSBURYNJ07702LANDSCAPING$634,218
TRANE US INC
4 WOOD HOLLOW ROADPARSIPPANYNJ070542814HVAC MAINTENANCE$627,863
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K48CntrctRcvdGreaterThan100KCnt
Federated Campaigns$47,200FederatedCampaignsAmt
Fundraising$462,715FundraisingAmt
Government Grants$13,774,044GovernmentGrantsAmt
All Other Contributions$14,182,867AllOtherContributionsAmt
Noncash Contributions$610,055NoncashContributionsAmt
Total Contributions$28,466,826TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
TUITION AND FEES611310$201,809,401$201,809,401
AUXILIARY ENTERPRISES721310$33,796,062$33,796,062
OTHER EDUCATION & STUDENT SVCS.900099$4,613,975$4,304,428$309,547
NCAA CONFERENCE DISTRIBUTIONS900099$1,209,593$1,209,593
GOVERNMENT CONTRACTS541700$455,215$455,215
FieldValueIRS element (for citing)
Total Program Service Revenue$241,884,246TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,077,167TotalRevenueColumnAmt
Unrelated Business Revenue$83,435UnrelatedBusinessRevenueAmt
Exclusion$4,993,732ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$68,172TotalRevenueColumnAmt
Exclusion$68,172ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,150,431RealAmt
Personal$6,356PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$1,150,431RealAmt
Personal$6,356PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,156,787TotalRevenueColumnAmt
Unrelated Business Revenue$408,885UnrelatedBusinessRevenueAmt
Exclusion$747,902ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$134,104,655SecuritiesAmt
Other$130,357OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$128,765,629SecuritiesAmt
Other$115,349OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$5,339,026SecuritiesAmt
Other$15,008OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,354,034TotalRevenueColumnAmt
Exclusion$5,354,034ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$357,625FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$462,715ContriRptFundraisingEventAmt
Fundraising Direct Expenses$333,026FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,599TotalRevenueColumnAmt
Exclusion$24,599ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
CONF. & EVENT SERVICES722320$410,070$410,070
SPONSOR ADVERTISING541800$84,093$84,093
FITNESS CENTER713940$35,720$35,720

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,019TotalRevenueColumnAmt
Unrelated Business Revenue$5,019UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total$534,902OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$282,566,733TotalRevenueColumnAmt
Related Or Exempt Func Income$241,574,699RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,027,222UnrelatedBusinessRevenueAmt
Exclusion$11,497,986ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$409,919TotalAmt
Program Services$409,919ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$87,250,743TotalAmt
Program Services$87,250,743ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$292,676TotalAmt
Program Services$292,676ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$4,322,938TotalAmt
Program Services$1,167,442ProgramServicesAmt
Management And General$2,555,619ManagementAndGeneralAmt
Fundraising$599,877FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$707,999TotalAmt
Program Services$412,356ProgramServicesAmt
Management And General$295,643ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$82,852,154TotalAmt
Program Services$66,822,853ProgramServicesAmt
Management And General$14,564,924ManagementAndGeneralAmt
Fundraising$1,464,377FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$4,879,903TotalAmt
Program Services$4,007,965ProgramServicesAmt
Management And General$845,662ManagementAndGeneralAmt
Fundraising$26,276FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$18,298,651TotalAmt
Program Services$14,684,951ProgramServicesAmt
Management And General$3,426,132ManagementAndGeneralAmt
Fundraising$187,568FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,645,205TotalAmt
Program Services$5,277,089ProgramServicesAmt
Management And General$1,288,636ManagementAndGeneralAmt
Fundraising$79,480FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$190,337TotalAmt
Management And General$190,337ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$246,860TotalAmt
Management And General$246,860ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$10,057TotalAmt
Management And General$10,057ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,551,421TotalAmt
Management And General$1,551,421ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$15,059,730TotalAmt
Program Services$12,477,255ProgramServicesAmt
Management And General$2,582,475ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,812,174TotalAmt
Program Services$527,693ProgramServicesAmt
Management And General$1,284,481ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,811,974TotalAmt
Program Services$3,938,812ProgramServicesAmt
Management And General$833,195ManagementAndGeneralAmt
Fundraising$39,967FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,566,481TotalAmt
Management And General$1,566,481ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$12,003,256TotalAmt
Program Services$8,880,244ProgramServicesAmt
Management And General$2,958,132ManagementAndGeneralAmt
Fundraising$164,880FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,924,428TotalAmt
Program Services$3,494,063ProgramServicesAmt
Management And General$430,365ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$823,230TotalAmt
Program Services$800,672ProgramServicesAmt
Management And General$22,558ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$57,305TotalAmt
Program Services$57,305ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$8,124,753TotalAmt
Program Services$7,495,047ProgramServicesAmt
Management And General$507,367ManagementAndGeneralAmt
Fundraising$122,339FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,475,052TotalAmt
Program Services$2,613,026ProgramServicesAmt
Management And General$808,537ManagementAndGeneralAmt
Fundraising$53,489FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DUES AND MEMBERSHIPS$1,368,969$622,909$743,540$2,520
BOOKSTORE MATERIALS$1,191,262$1,191,262
LIBRARY MATERIALS$930,278$930,278
RES. ASST. ROOM & BOARD$852,081$852,081

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$573,840TotalAmt
Program Services$69,966ProgramServicesAmt
Management And General$503,874ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$264,233,676TotalAmt
Program Services$224,276,607ProgramServicesAmt
Management And General$37,216,296ManagementAndGeneralAmt
Fundraising$2,740,773FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$32,164BOYAmt
EOY$16,858EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$12,002,255BOYAmt
EOY$12,884,964EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$26,095,336BOYAmt
EOY$26,291,301EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$890,914BOYAmt
EOY$694,568EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$471,633BOYAmt
EOY$478,797EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,197,045BOYAmt
EOY$2,815,417EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$437,879,956LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$244,494,079LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$187,313,464BOYAmt
EOY$193,385,877EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$66,430,296BOYAmt
EOY$78,495,336EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$131,043,420BOYAmt
EOY$144,022,080EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$2,949,799BOYAmt
EOY$2,701,480EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$11,462,402BOYAmt
EOY$10,324,336EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$440,888,728BOYAmt
EOY$472,111,014EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$17,774,664BOYAmt
EOY$18,618,002EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$7,124,578BOYAmt
EOY$9,758,834EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$1,271,541BOYAmt
EOY$1,205,618EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$21,329,995BOYAmt
EOY$19,789,476EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$47,500,778BOYAmt
EOY$49,371,930EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$270,702,548BOYAmt
EOY$279,428,916EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$122,685,402BOYAmt
EOY$143,310,168EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$393,387,950BOYAmt
EOY$422,739,084EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$440,888,728BOYAmt
EOY$472,111,014EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$18,333,057ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$11,018,077NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,531,426CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,755,076CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$25,783,447CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,631,718CurrentTaxYearMinus1YearAmt
Current Tax Year$28,466,826CurrentTaxYearAmt
Total$124,168,493TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,531,426CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,755,076CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$25,783,447CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,631,718CurrentTaxYearMinus1YearAmt
Current Tax Year$28,466,826CurrentTaxYearAmt
Total$124,168,493TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,339,320SubstantialContributorsTotAmt
Public Support Total170$119,829,173PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,539,824CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,491,288CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,835,178CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,895,056CurrentTaxYearMinus1YearAmt
Current Tax Year$5,809,806CurrentTaxYearAmt
Total$18,571,152TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$440,235CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$182,281CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,006,649CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$454,692CurrentTaxYearMinus1YearAmt
Current Tax Year$1,027,222CurrentTaxYearAmt
Total$3,111,079TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$252,004CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$95,625CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$224,408CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$361,607CurrentTaxYearMinus1YearAmt
Current Tax Year$357,625CurrentTaxYearAmt
Total$1,291,269TotalAmt
FieldValueIRS element (for citing)
Total Support$147,141,993TotalSupportAmt
Gross Receipts Rltd Activities$1,176,497,247GrossReceiptsRltdActivitiesAmt
Public Support CY1700.81440PublicSupportCY170Pct
Public Support PY1700.82210PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationGROSS INCOME FROM SPECIAL EVENTS - 2019 AMOUNT: $ 252,004. 2020 AMOUNT: $ 95,625. 2021 AMOUNT: $ 224,408. 2022 AMOUNT: $ 361,607. 2023 AMOUNT: $ 357,625.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$122,254FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$122,254FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$259,941,482FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$260,063,736FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$122,254CurrentYearMinus3Amt
Current Year Minus2$102,278CurrentYearMinus2Amt
Current Year Minus1$115,592CurrentYearMinus1Amt
Current Year$122,254CurrentYearAmt
Total$462,378TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$13,065RevenuesIncludedAmt
Assets Included$2,948,706AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SaleYes (1)SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$153,192,000BeginningYearBalanceAmt
Contributions$1,440,000ContributionsAmt
Investment Earnings Or Losses$15,212,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,865,000GrantsOrScholarshipsAmt
Other Expenditures$4,226,000OtherExpendituresAmt
End Year Balance$163,753,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$129,424,000BeginningYearBalanceAmt
Contributions$19,958,000ContributionsAmt
Investment Earnings Or Losses$9,414,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,765,000GrantsOrScholarshipsAmt
Other Expenditures$3,839,000OtherExpendituresAmt
End Year Balance$153,192,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$137,970,000BeginningYearBalanceAmt
Contributions$4,090,000ContributionsAmt
Investment Earnings Or Losses-$7,731,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,598,000GrantsOrScholarshipsAmt
Other Expenditures$3,307,000OtherExpendituresAmt
End Year Balance$129,424,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$108,463,000BeginningYearBalanceAmt
Contributions$2,762,000ContributionsAmt
Investment Earnings Or Losses$31,389,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,496,000GrantsOrScholarshipsAmt
Other Expenditures$3,148,000OtherExpendituresAmt
End Year Balance$137,970,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$109,097,000BeginningYearBalanceAmt
Contributions$3,134,000ContributionsAmt
Investment Earnings Or Losses$344,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,273,000GrantsOrScholarshipsAmt
Other Expenditures$2,839,000OtherExpendituresAmt
End Year Balance$108,463,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.33000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.41000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.26000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,922,579OtherCostOrOtherBasisAmt
Book Value$17,922,579BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$241,473,121OtherCostOrOtherBasisAmt
Depreciation$115,180,253DepreciationAmt
Book Value$126,292,868BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,245,155OtherCostOrOtherBasisAmt
Depreciation$2,386,443DepreciationAmt
Book Value$1,858,712BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$38,813,207OtherCostOrOtherBasisAmt
Depreciation$29,338,361DepreciationAmt
Book Value$9,474,846BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$135,425,894OtherCostOrOtherBasisAmt
Depreciation$97,589,022DepreciationAmt
Book Value$37,836,872BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$193,385,877TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
EQUITY FUNDS$63,575,583F
FIXED INCOME FUNDS$23,057,037F
HEDGE EQUITY FUNDS$15,467,624F
NON MARKETABLE FUNDS$41,858,094F
OTHER$63,742F
FieldValueIRS element (for citing)
Total Book Value Securities$144,022,080TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
FUNDS HELD FOR OTHERS$149,119
STUDENT LOAN GRANTS REFUNDABLE$2,000,268
ASSET RETIREMENT OBLIGATION$7,893,555
OPERATING LEASE LIABILITIES$9,746,534
FieldValueIRS element (for citing)
Total Liability$19,789,476TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:THE MONMOUTH UNIVERSITY PERMANENT ART COLLECTION SERVES AS A VITAL TEACHING TOOL AND IS AN INTEGRAL ASSET TO THE DEPARTMENT OF ART AND DESIGN, THE UNIVERSITY CAMPUS AS A WHOLE, AND THE VISITING PUBLIC. THROUGH COMPLIMENTING UNIVERSITY GALLERY EXHIBITIONS AND LECTURES AND WORKSHOPS BY VISITING ARTISTS AND HISTORIANS, THE UNIVERSITY COLLECTION PROVIDES STUDENTS, FACULTY AND THE GENERAL PUBLIC AT LARGE WITH ACCESS TO IMPORTANT PIECES OF ART. THE PERMANENT COLLECTION IS FREQUENTLY ON DISPLAY, SHOWCASING WORKS OF ART. THE UNIVERSITY COLLECTION IS ALSO MADE AVAILABLE TEMPORARILY, PER REQUEST, TO OTHER EDUCATIONAL INSTITUTIONS FOR EXHIBITION AND SCHOLARLY RESEARCH. FOR EXAMPLE, THE COLLECTION CONTAINS SUBSTANTIAL WORKS BY LEWIS MUMFORD AND JACOB LANDAU. WITH PROPER APPROVALS, THESE WORKS ARE MADE AVAILABLE ON LOAN TO REQUESTING INSTITUTIONS.
PART V, LINE 4:THE UNIVERSITY'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING SCHOLARSHIPS, FACULTY CHAIRS, INSTRUCTION, ACADEMIC SUPPORT, AND OPERATION AND MAINTENANCE OF THE PHYSICAL PLANT.
PART X, LINE 2:FIN 48 THE UNIVERSITY IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND, THEREFORE, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE ON INCOME GENERATED BY ACTIVITIES THAT ARE SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSE. THERE ARE CERTAIN TRANSACTIONS THAT COULD BE DEEMED UNRELATED BUSINESS INCOME AND COULD RESULT IN A TAX LIABILITY. MANAGEMENT REVIEWS TRANSACTIONS TO ESTIMATE POTENTIAL TAX LIABILITIES USING A MORE LIKELY THAN NOT THRESHOLD. IT IS MANAGEMENT'S ESTIMATION THAT THERE ARE NO MATERIAL TAX LIABILITIES THAT NEED TO BE RECORDED.

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3MONMOUTH UNIVERSITY MAKES ITS RACIALLY NONDISCRIMINATORY POLICY PUBLIC ON THE UNIVERSITY'S HOMEPAGE AT WWW.MONMOUTH.EDU.
LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID:THE UNIVERSITY RECEIVES GRANTS FROM FEDERAL AND STATE GOVERNMENTAL AGENCIES FOR VARIOUS PURPOSES INCLUDING STUDENT FINANCIAL AID, RESEARCH AND TRAINING. GRANTING AGENCIES INCLUDE THE U.S. DEPARTMENT OF EDUCATION (INCLUDING FEDERAL DIRECT LOAN, PELL AND OTHER STUDENT FINANCIAL ASSISTANCE PROGRAMS), THE NJ HIGHER EDUCATION ASSISTANCE AUTHORITY AND THE NJ COMMISSION ON HIGHER EDUCATION (INCLUDING TUITION AID GRANT, EQUAL OPPORTUNITY FUND AND OTHER STUDENT FINANCIAL ASSISTANCE PROGRAMS), THE U.S. DEPARTMENT OF HOMELAND SECURITY AND FEDERAL EMERGENCY MANAGEMENT AGENCY (COVID 19 RELIEF), THE NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, U.S. ENVIRONMENTAL PROTECTION AGENCY, U.S. DEPARTMENT OF NAVY, NATIONAL SCIENCE FOUNDATION, NJ DEPARTMENT OF TREASURY, NJ DEPARTMENT OF ENVIRONMENTAL PROTECTION DIVISION OF SCIENCE AND RESEARCH, AND OTHER FEDERAL AND STATE AGENCIES.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (12 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA AND THE CARIBBEAN00INVESTMENTS$15,467,624
CENTRAL AMERICA AND THE CARIBBEAN02PROGRAM SERVICES$71,525STUDENT RESEARCH/SVC TRIP
EAST ASIA AND THE PACIFIC01PROGRAM SERVICES$300PROFESSIONAL SERVICES
EUROPE (INCLUDING ICELAND & GREENLAND)04PROGRAM SERVICES$488,400STUDY ABROAD PROGRAM
EUROPE (INCLUDING ICELAND & GREENLAND)02GRANTMAKING$284,926
EUROPE (INCLUDING ICELAND & GREENLAND)01PROGRAM SERVICES$1,814STUDENT FIELD TRIP
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES01PROGRAM SERVICES$59,850SCIENTIFIC RESEARCH
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES02PROGRAM SERVICES$450PROFESSIONAL SERVICES
SOUTH AMERICA01GRANTMAKING$7,750
SOUTH ASIA01PROGRAM SERVICES$36,250STUDY ABROAD PROGRAM
SOUTH ASIA03PROGRAM SERVICES$13,750RECRUITMENT
SUB-SAHARAN AFRICA01PROGRAM SERVICES$500PROFESSIONAL SERVICES
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees13SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee6ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee19TotalEmployeeCnt
Subtotal Spent$16,374,889SubtotalSpentAmt
Continuation Spent$58,250ContinuationSpentAmt
Total Spent$16,433,139TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
STUDY ABROAD STUDENTSEUROPE (INCLUDING ICELAND & GREENLAND)26$284,926ELECTRONIC
STUDY ABROAD STUDENTSSOUTH AMERICA1$7,750ELECTRONIC
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE F, PART I, LINE 2:FormAndLineReferenceDesc
ExplanationMONMOUTH UNIVERSITY GRANTS, INCLUDING THOSE GRANTS RELATED TO STUDENTS PARTICIPATING IN OUR STUDY ABROAD PROGRAM, TAKE THE FORM OF SCHOLARSHIPS AWARDED BY OUR FINANCIAL AID OFFICE FOR TUITION, ROOM, BOARD AND BOOKS. THE SCHOLARSHIPS ARE AWARDED IN ACCORDANCE WITH THE GUIDELINES ESTABLISHED FOR EACH SCHOLARSHIP AND ARE ADMINISTERED BY THE FINANCIAL AID OFFICE. CREDITING OF SCHOLARSHIPS TO STUDENT ACCOUNTS IS ADMINISTERED BY THE BURSAR'S OFFICE. THE SCHOLARSHIPS REPORTED HERE WERE GRANTED TO MONMOUTH UNIVERSITY STUDENTS WHILE THEY WERE STUDYING ABROAD AND REPORTED IN ACCORDANCE WITH THE SCHEDULE F INSTRUCTIONS AND THE IRS'S FILING TIPS. SCHEDULE F, PART IV: MONMOUTH UNIVERSITY INVESTS IN DOMESTIC AND FOREIGN LIMITED PARTNERSHIPS THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, THE UNIVERSITY'S ACTIVITIES MAY NOT REACH THRESHOLDS REQUIRED FOR FILING FORMS 926, 5471, 8621, OR 8865. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH THE ORGANIZATION'S FORM 990-T.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF OUTINGEvent1Nm
Gross Receipts Event1$306,505GrossReceiptsEvent1Amt
Charitable Contri Event1$164,580CharitableContriEvent1Amt
Gross Revenue Event1$141,925GrossRevenueEvent1Amt
Rent Facility Costs Event1$106,040RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$11,718OtherDirectExpensesEvent1Amt
Event2GALAEvent2Nm
Gross Receipts Event2$224,500GrossReceiptsEvent2Amt
Charitable Contri Event2$146,450CharitableContriEvent2Amt
Gross Revenue Event2$78,050GrossRevenueEvent2Amt
Non Cash Prizes Event2$1,780NonCashPrizesEvent2Amt
Food And Beverage Event2$66,651FoodAndBeverageEvent2Amt
Entertainment Event2$3,040EntertainmentEvent2Amt
Other Direct Expenses Event2$12,278OtherDirectExpensesEvent2Amt
Other Events Total4OtherEventsTotalCnt
Gross Receipts Other Events$289,335GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$151,685CharitableContriOtherEventsAmt
Gross Revenue Other Events$137,650GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$4,391NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$45,134RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$64,453FoodAndBeverageOtherEventsAmt
Entertainment Other Events$5,345EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$12,196OthDirectExpnssOtherEventsAmt
Gross Receipts Total$820,340GrossReceiptsTotalAmt
Charitable Contributions Tot$462,715CharitableContributionsTotAmt
Gross Revenue Total Events$357,625GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$6,171NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$151,174RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$131,104FoodAndBeverageTotalEventsAmt
Entertainment Total Events$8,385EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$36,192OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$333,026DirectExpenseSummaryEventsAmt
Net Income Summary$24,599NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
HUDSON RIVER FOUNDATION FOR SCIENCE AND ENVIRONMENTAL RESEARCH INC
17 BATTERY PLACE STE 915NEW YORKNY10004133089956501(C)(3)$164,491$0CARPII (NY/NJ HARBOR CONTAMINANT GRANT SUBRECIPIENT 1)
THE CITY OF LONG BRANCH
344 BROADWAYLONG BRANCHNJ07740216000806GOVERNMENT$76,500$0GENERAL SUPPORT
BRUCE SPRINGSTEEN ARCHIVES AND CENTER FOR AMERICAN MUSIC CORPORATION
400 CEDAR AVENUEWEST LONG BRANCHNJ07764825325604501(C)(3)$47,676$0GENERAL SUPPORT
SAINT ANSELM COLLEGE
100 SAINT ANSELM DRIVEMANCHESTERNH03102020222182501(C)(3)$22,251$0ORSTED (OCEAN WIND GRANT RECIPIENT 1)
BOROUGH OF WEST LONG BRANCH
967 BROADWAYWEST LONG BRANCHNJ07764216001351GOVERNMENT$13,041$0GENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org5Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
TUITION DISCOUNT4620$81,599,413
AUXILIARY ENTERPRISE DISCOUNT359$5,650,955
PRESIDENT'S RELIEF FUND GRANT2$375

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationMONMOUTH UNIVERSITY GRANTS AND OTHER ASSISTANCE TO ORGANIZATIONS ARE MODEST AND ARE APPROVED BY OUR OFFICE OF PUBLIC AFFAIRS AND MONITORED BY THE PRESIDENT'S CABINET. GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS TAKE THE FORM OF SCHOLARSHIPS TO OUR STUDENTS. THE SOURCE OF FUNDING OF THESE SCHOLARSHIPS MAY BE UNIVERSITY INSTITUTIONAL FUNDS, GOVERNMENT FUNDS OR DONOR FUNDS. UNIVERSITY FUNDED SCHOLARSHIPS ARE ADMINISTERED BY THE UNIVERSITY'S ADMISSIONS OFFICE, BOTH GRADUATE AND UNDERGRADUATE, AND AWARDED USING A CALCULATION DRIVEN BY PRIOR ACADEMIC PERFORMANCE STATISTICS. GOVERNMENT FUNDED SCHOLARSHIPS ARE AWARDED BY THE UNIVERSITY'S FINANCIAL AID OFFICE WITH STRICT ADHERENCE TO GOVERNMENT REGULATIONS AND AWARD CRITERIA. DONOR FUNDED SCHOLARSHIPS, WHETHER SPONSORED OR ENDOWED, ARE AWARDED BY THE UNIVERSITY'S FINANCIAL AID OFFICE WITH STRICT ADHERENCE TO THE DONOR'S WRITTEN AWARD CRITERIA. THE UNIVERSITY'S DEVELOPMENT OFFICE WORKS WITH THE DONOR AT THE TIME OF THE GIFT TO ESTABLISH THE WRITTEN AWARD CRITERIA AND THESE CRITERIA ARE MAINTAINED FOR REFERENCE IN BOTH THE UNIVERSITY'S DEVELOPMENT AND FINANCIAL AID OFFICES. PRESIDENT'S RELIEF FUND HARDSHIP GRANTS WERE AWARDED TO SUPPORT STUDENT HARDSHIPS, INCLUDING BUT NOT LIMITED TO, TECHNOLOGY ACCESS, FOOD INSECURITIES AND NECESSITIES FOR DAILY LIVING. APPLICATIONS ARE REVIEWED BY THE OFFICE OF STUDENT LIFE IN CONSULTATION WITH THE FINANCIAL AID OFFICE WHICH CONFIRMS THE STUDENT'S FINANCIAL NEED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (23 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
PATRICK F LEAHY
PRESIDENT$567,277$0$275,000$0$2,512$0$26,400$0$157,820$0$1,029,009$0$0$0
KING D RICE
HEAD MENS BASKETBALL COACH$506,995$0$0$0$70,423$0$26,400$0$42,004$0$645,822$0$0$0
WILLIAM CRAIG
FORMER VP FOR FINANCE$159,449$0$0$0$213,036$0$16,626$0$32,446$0$421,557$0$0$0
PRAKASAM R DEVASAGAYAM
DEAN OF BUSINESS SCHOOL$294,035$0$0$0$21,665$0$24,254$0$41,495$0$381,449$0$0$0
ROBERT MCCAIG
VP ENROLLMENT MANAGEMENT & MARKETING$271,757$0$0$0$1,339$0$22,798$0$44,036$0$339,930$0$0$0
EDWARD CHRISTENSEN
VP / INFORMATION MANAGEMENT$244,419$0$0$0$9,855$0$20,011$0$56,666$0$330,951$0$0$0
MARY ANNE NAGY
FORMER VP FOR STUDENT SERVICES$140,739$0$0$0$171,900$0$13,739$0$983$0$327,361$0$0$0
PATRICK MURRAY
DIRECTOR / POLLING INSTITUTE$249,670$0$0$0$2,479$0$20,319$0$35,745$0$308,213$0$0$0
AMANDA M KLAUS
VP UNIVERSITY ADVANCEMENT$269,182$0$0$0$0$0$21,741$0$14,025$0$304,948$0$0$0
KEVIN J CALLAHAN
HEAD FOOTBALL COACH$231,957$0$0$0$20,498$0$19,919$0$29,805$0$302,179$0$0$0
CHARLENE K DIANA
VP AND GENERAL COUNSEL$265,050$0$0$0$753$0$21,400$0$14,379$0$301,582$0$0$0
ANTHONY MACDONALD
DIRECTOR URBAN COAST INSTITUTE$245,351$0$0$0$10,412$0$20,079$0$20,304$0$296,146$0$0$0
RICHARD F VEIT JR - PROVOST
& SR. VP ACAD. AFF. (AS OF 04/2024)$232,262$0$0$0$1,211$0$19,401$0$41,788$0$294,662$0$0$0
DAVID GOLLAND - DEAN OF
SCH. OF HUMANITIES & SOCIAL SCIENCES$234,820$0$0$0$19,292$0$19,192$0$20,528$0$293,832$0$0$0
PAMELA SCOTT-JOHNSON - PROVOST
& SR. VP ACAD. AFF. (THRU 07/2023)$192,751$0$0$0$71,886$0$18,639$0$9,542$0$292,818$0$0$0
SUSAN GUPTA
ASSOCIATE PROVOST$216,853$0$0$0$2,340$0$18,270$0$43,677$0$281,140$0$0$0
REKHA DATTA
PROFESSOR$228,764$0$0$0$3,829$0$18,384$0$2,492$0$253,469$0$0$0
ROBYN SALVO
ASSOCIATE VP HUMAN RESOURCES$194,146$0$0$0$504$0$15,834$0$26,462$0$236,946$0$0$0
TIMOTHY ORR - EXEC DIR
CAMPUS PLANNING / FACILITIES$189,270$0$0$0$553$0$15,348$0$14,224$0$219,395$0$0$0
JAMES PILLAR
VP FOR STUDENT LIFE$174,103$0$0$0$1,770$0$14,251$0$27,275$0$217,399$0$0$0
JOSEPH PINGITORE
ASSOCIATE VP FINANCE AND BUDGETS$185,906$0$0$0$759$0$15,193$0$5,511$0$207,369$0$0$0
MARY BYRNE
ASSOCIATE VP AND CONTROLLER$190,043$0$0$0$508$0$15,203$0$1,391$0$207,145$0$0$0
LAURA MORIARTY
PROFESSOR$149,558$0$0$0$1,073$0$12,026$0$7,579$0$170,236$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AHOUSING ALLOWANCE OR RESIDENCE FOR THE BENEFIT AND CONVENIENCE OF THE UNIVERSITY IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED AND AS A CONDITION OF EMPLOYMENT, THE PRESIDENT IS REQUIRED BY THE BOARD OF TRUSTEES TO RESIDE IN A HOME LOCATED ON CAMPUS AND PROVIDED BY THE UNIVERSITY AT ITS EXPENSE. THE VALUE OF THE PRESIDENT'S RESIDENCE FOR PERSONAL USE OF $69,600 IS REPORTED AS A NONTAXABLE BENEFIT IN SCHEDULE J, PART II, COLUMN D. TRAVEL FOR COMPANIONS THE PRESIDENT'S SPOUSE ACCOMPANIED THE PRESIDENT AND THE UNIVERSITY'S MEN'S BASKETBALL TEAM ON A TRIP TO ITALY, WHERE THE TEAM PLAYED THREE EXHIBITION GAMES AND PARTICIPATED IN CULTURAL AND EDUCATIONAL EXPERIENCES ACROSS THE COUNTRY. THE PRESIDENT'S SPOUSE ENGAGED IN UNIVERSITY-RELATED ACTIVITIES, INCLUDING CHAPERONING AND SUPPORTING THE STUDENT-ATHLETES THROUGHOUT THE TRIP. IN ACCORDANCE WITH THE PRESIDENT'S EMPLOYMENT CONTRACT, THE TRAVEL SERVED A BONA FIDE BUSINESS PURPOSE, AND THE RELATED EXPENSES WERE NEITHER REIMBURSED TO THE UNIVERSITY NOR INCLUDED IN HIS TAXABLE COMPENSATION. GROSS-UP PAYMENTS MINIMAL GROSS-UP PAYMENTS WERE MADE TO THE PRESIDENT PURSUANT TO THE TERMS OF HIS EMPLOYMENT CONTRACT. THESE PAYMENTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III). HEALTH OR SOCIAL CLUB DUES THE BOARD OF TRUSTEES REQUIRES THE UNIVERSITY TO MAINTAIN A MEMBERSHIP WITH A LOCAL GOLF CLUB SOLELY TO BE USED FOR UNIVERSITY FUNDRAISING, FRIEND RAISING AND OTHER UNIVERSITY BUSINESS. THE VALUE OF THE PRESIDENT'S MEMBERSHIP HELD DURING THE YEAR IN THE AMOUNT OF $24,335 IS REPORTED AS A NONTAXABLE BENEFIT IN SCHEDULE J, PART II, COLUMN D.
PART I, LINE 4ATHE UNIVERSITY MADE SEVERANCE PAYMENTS TO TWO INDIVIDUALS LISTED IN SCHEDULE J, WILLIAM CRAIG AND MARY ANNE NAGY, UNDER THE TERMS OF THE UNIVERSITY'S VOLUNTARY SEPARATION PROGRAM. THE SEVERANCE PAYMENTS ARE BEING REPORTED IN SCHEDULE J, PART II, COLUMNS B(III).
PART I, LINE 7THE PRESIDENT RECEIVED A BONUS UNDER THE TERMS OF HIS EMPLOYMENT CONTRACT WHICH IS MADE AT THE DISCRETION OF THE BOARD OF TRUSTEES.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonSCOTT BELFORDPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionFAM MBR OF TRUSTEERelationshipDescriptionTxt
Transaction$72,295TransactionAmt
TransactionEMPL. COMP.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART IV:FormAndLineReferenceDesc
ExplanationALL TRANSACTIONS DISCLOSED ON SCHEDULE L ARE MADE AT ARMS-LENGTH TERMS AND NONE ARE INFLUENCED BY THE RELATIONSHIPS THAT EXIST WITH THE INTERESTED PERSONS.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$13,065NoncashContributionsRptF990Amt
Method Of Determining RevenuesEXPERT OPINIONMethodOfDeterminingRevenuesTxt

Intellectual Property IntellectualPropertyGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$331,500NoncashContributionsRptF990Amt
Method Of Determining RevenuesSELLING PRICEMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt
Noncash Contributions Rpt F990$129,190NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$48,212NoncashContributionsRptF990Amt
Method Of Determining RevenuesSELLING PRICEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescSPORTS EQUIP.Desc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$88,088NoncashContributionsRptF990Amt
Method Of Determining RevenuesSELLING PRICEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 32B:FormAndLineReferenceDesc
ExplanationTHE UNIVERSITY USES A STOCKBROKER TO SELL GIFTS OF SECURITIES. SCH M, PART I, LINE 33 THE UNIVERSITY ONLY RECORDS REVENUE FOR NON-CASH CONTRIBUTIONS MEETING THE FOLLOWING CRITERIA: 1) ITEMS ADDED TO OUR EQUIPMENT, LAND, BUILDING, LAND IMPROVEMENT AND SUPPLY INVENTORY WITH A VALUE OF $1,000 OR MORE, A USEFUL LIFE OF ONE YEAR OR MORE, AND 2) WORKS OF ART OR HISTORICAL TREASURES ADDED TO OUR COLLECTION, AND 3) SECURITIES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1ATHERE ARE THREE CLASSES OF TRUSTEES WHO SERVE ON THE BOARD OF TRUSTEES: ELECTED TRUSTEES, LIFE TRUSTEES AND TRUSTEES EMERITI. ANY CURRENT ELECTED TRUSTEE WHO HAS SERVED WITH GREAT DISTINCTION FOR AT LEAST TWO CONSECUTIVE TERMS WITHOUT INTERRUPTION MAY BE ELECTED A LIFE TRUSTEE UPON TWO-THIRDS VOTE OF THE COMMITTEE ON TRUSTEES, A TWO-THIRDS VOTE OF THE FULL MEMBERSHIP OF THE EXECUTIVE COMMITTEE AND A TWO-THIRDS VOTE OF THE FULL BOARD OF TRUSTEES. LIFE TRUSTEES SHALL SERVE IN ALL RESPECTS AS FULL MEMBERS OF THE BOARD OF TRUSTEES DURING THEIR FIVE YEAR TERM OF SERVICE EXCEPT THEY SHALL NOT SERVE AS AN OFFICER OF THE BOARD. ANY CURRENT OF FORMER MEMBER OF THE BOARD OF TRUSTEES WHO HAS SERVED WITH DISTINCTION FOR AT LEAST TWO CONSECUTIVE TERMS WITHOUT INTERRUPTION MAY BE ELECTED A TRUSTEE EMERITUS/EMERITA UPON RECOMMENDATION BY THE COMMITTEE ON TRUSTEES, A MAJORITY VOTE OF THE FULL MEMBERSHIP OF THE EXECUTIVE COMMITTEE AND TWO-THIRDS VOTE OF THE FULL BOARD OF TRUSTEES. TRUSTEES EMERITI SHALL BE ELIGIBLE TO VOTE AT COMMITTEE MEETINGS OTHER THAN THOSE MATTERS WHERE THE COMMITTEE ACTION CONSTITUTES FINAL ACTION ON BEHALF OF THE BOARD. THE BOARD OF TRUSTEES HAS AN EXECUTIVE COMMITTEE THAT IS AUTHORIZED TO ACT ON BEHALF OF THE FULL BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE FOUR OFFICERS OF THE BOARD (CHAIR, VICE CHAIR, TREASURER AND SECRETARY), THE CHAIRS OF ALL STANDING COMMITTEES, TWO AT-LARGE MEMBERS OF THE BOARD APPOINTED BY THE CHAIR OF THE BOARD, THE IMMEDIATE PAST CHAIR OF THE BOARD AND THE PRESIDENT OF THE UNIVERSITY. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD OF TRUSTEES, AWARD DEGREES (OTHER THAN HONORARY DEGREES), SELECT OR APPOINT TRUSTEES OR OFFICERS, CHANGE THE UNIVERSITY'S MISSION OR PURPOSE, SELL UNIVERSITY'S ASSETS OR PROPERTY, ADOPT THE ANNUAL BUDGET, ALTER BYLAWS, LOCATE PERMANENT BUILDINGS ON PROPERTY HELD FOR UNIVERSITY PURPOSES, REMOVE OR APPOINT THE PRESIDENT OF THE UNIVERSITY, OR TAKE ANY ACTION WHICH HAS BEEN RESERVED FOR THE FULL BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE ALSO HAS AUTHORITY TO PURCHASE, MANAGE AND SELL LAND, BUILDINGS AND CAPITAL EQUIPMENT, THE CONSTRUCTION OF NEW BUILDINGS AND THE RENOVATIONS OF EXISTING BUILDINGS COSTING BETWEEN $500,000 AND $1,000,000. THE EXECUTIVE COMMITTEE MAY ALSO TAKE ANY ACTION DELEGATED TO IT BY THE FULL BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION A, LINE 2BOARD MEMBERS CHRISTOPHER D. MAHER AND JEANA M. PISCATELLI HAVE A BUSINESS RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD OF TRUSTEES HAS DESIGNATED THE AUDIT COMMITTEE TO BE RESPONSIBLE FOR THE REVIEW OF FORM 990 PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. THIS RESPONSIBILITY IS INCLUDED IN THE AUDIT COMMITTEE'S CHARTER. A FINAL DRAFT OF THE FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE AT A REGULAR MEETING FOR THEIR REVIEW AND COMMENT. MODIFICATIONS RESULTING FROM THE REVIEW, IF ANY, ARE MADE BEFORE FILING THE FORM. IN ADDITION, AN EMAIL IS SENT OUT TO EACH MEMBER OF THE BOARD LETTING THEM KNOW THE DRAFT IS AVAILABLE FOR REVIEW AND TO ALLOW THEM AN OPPORTUNITY TO COMMENT ON IT. ALL BOARD MEMBERS RECEIVE A COPY OF THE FINAL VERSION (WITH DONOR NAMES REDACTED FROM SCHEDULE B) OF THE FORM 990 PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD OF TRUSTEES HAS A CODE OF ETHICS, AS WELL AS A PROVISION IN ITS BYLAWS, WHICH DEALS WITH CONFLICTS OF INTEREST. REVIEW OF SITUATIONS TO DETERMINE A CONFLICT ARE CARRIED OUT BY THE UNIVERSITY'S VICE PRESIDENT AND GENERAL COUNSEL AND IF NECESSARY THE BOARD'S EXECUTIVE COMMITTEE. BOARD MEMBERS FOUND TO HAVE A CONFLICT ON A PARTICULAR ITEM RECUSE THEMSELVES FROM PARTICIPATING AND VOTING IN CONNECTION WITH THAT ITEM. SUCH RECUSALS ARE PLACED ON THE RECORD. ALSO, MEMBERS OF THE BOARD, PRESIDENT'S CABINET OFFICERS AND KEY EMPLOYEES COMPLETE AN ANNUAL DISCLOSURE QUESTIONNAIRE WHICH GATHERS INFORMATION REQUIRED BY IRS REGULATIONS REGARDING TRANSACTIONS WITH "INTERESTED PERSONS AND THE US DEPARTMENT OF EDUCATION'S RELATED PARTY DISCLOSURE REQUIREMENTS.
FORM 990, PART VI, SECTION B, LINE 15THE PROCESS FOR DETERMINING COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY IS SET FORTH IN THE UNIVERSITY'S EXECUTIVE COMPENSATION POLICY AND THE MONMOUTH UNIVERSITY COMPENSATION COMMITTEE CHARTER ENTITLED "RESPONSIBILITIES OF THE COMMITTEE AND MEMBERS OF THE COMMITTEE." PURSUANT TO THAT POLICY, THE BOARD'S COMPENSATION COMMITTEE (ALL OF WHOM ARE INDEPENDENT) AND THE VICE PRESIDENT AND GENERAL COUNSEL REVIEW COMPARABLE COMPENSATION DATA PROVIDED BY AN INDEPENDENT OUTSIDE CONSULTANT AND MAKE COMPENSATION RECOMMENDATIONS TO THE FULL BOARD OF TRUSTEES AS TO THE COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY. THE COMPENSATION COMMITTEE, THE EXECUTIVE COMMITTEE AND THE FULL BOARD OF TRUSTEES TAKE MINUTES CONCERNING SUCH ACTIONS. EACH COMMITTEE REVIEWS AND APPROVES THE MINUTES FOR ITS RESPECTIVE COMMITTEE, AND THE FULL BOARD OF TRUSTEES REVIEWS AND APPROVES THE MINUTES FROM THE FULL BOARD MEETING.
FORM 990, PART VI, SECTION C, LINE 19THE UNIVERSITY DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY AND FORM 990 ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE.
FORM 990, PART VII, SECTION A:REKHA DATTA AND LAURA MORIARTY WERE REPORTED AS OFFICERS OF THE UNIVERSITY IN PREVIOUS YEARS. THEY NO LONGER SERVE IN THE CAPACITY OF AN OFFICER AND ARE CURRENTLY EMPLOYED BY THE UNIVERSITY AS FULL-TIME FACULTY MEMBERS. FOR THIS REASON, THEY ARE LISTED AS FORMER OFFICERS AND THEIR AVERAGE HOURS PER WEEK REFLECT THEIR CURRENT FACULTY RESPONSIBILITIES.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BRUCE SPRINGSTEEN ARCHIVES & CENTERBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 CEDAR AVENUEAddressLine1Txt
CityWEST LONG BRANCHCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07764ZIPCd
FieldValueIRS element (for citing)
EIN825325604EIN
Primary ActivitiesEDUCATIONPrimaryActivitiesTxt
Legal Domicile StateNJLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12A, IPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1MOUNMOUTH UNIVERSITY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
BRUCE SPRINGSTEEN ARCHIVES & CENTER
O$561,248COST
BRUCE SPRINGSTEEN ARCHIVES & CENTER
Q$1,557,406COST

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