SIMMONS UNIVERSITY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SIMMONS UNIVERSITY (EIN 04-2103629)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-16
- IRS object ID
- 202201369349302505
- Schema version
- 2020v4.2
- 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 I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-16T08:32:22-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 340677006 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MALONEY NOVOTNY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 SUPERIOR AVE SUITE 700 | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 441142540 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103629 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIMMONS UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SIMM | BusinessNameControlTxt |
| Phone | 6175213593 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 THE FENWAY | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02115 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MEGHAN E KASS | PersonNm |
| Person Title | VP, CFO & TREASURER | PersonTitleTxt |
| Phone | 6175213593 | PhoneNum |
| Signature | 2022-05-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MEGHAN | PersonFirstNm |
| Person Last | KASS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTOPHER B ANDERSON | PreparerPersonNm |
| PTIN | P00226559 | PTIN |
| Phone | 2163630100 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LYNN PERRY WOOTEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 THE FENWAY | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02115 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $277,547,069 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SIMMONS.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1899 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE TRANSFORMATIVE LEARNING THAT LINKS PASSION AND LIFELONG PURPOSE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 3102 | TotalEmployeeCnt |
| Total Volunteers | 1109 | TotalVolunteersCnt |
| Total Gross UBI | $1,396,556 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,877,179 | PYContributionsGrantsAmt |
| CY Contributions Grants | $15,134,532 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $211,863,217 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $193,213,488 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,037,080 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,071,725 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,178,713 | PYOtherRevenueAmt |
| CY Other Revenue | $1,809,725 | CYOtherRevenueAmt |
| PY Total Revenue | $234,956,189 | PYTotalRevenueAmt |
| CY Total Revenue | $219,229,470 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $54,085,149 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $51,399,375 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $85,886,314 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $72,989,198 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,960,511 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $99,440,055 | PYOtherExpensesAmt |
| CY Other Expenses | $96,543,122 | CYOtherExpensesAmt |
| PY Total Expenses | $239,411,518 | PYTotalExpensesAmt |
| CY Total Expenses | $220,931,695 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$4,455,329 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,702,225 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $504,770,000 | TotalAssetsBOYAmt |
| Total Assets EOY | $600,839,705 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $271,550,201 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $322,298,844 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $233,219,799 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $278,540,861 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROVIDE TRANSFORMATIVE LEARNING THAT LINKS PASSION AND LIFELONG PURPOSE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $58,244,881 | ExpenseAmt |
| Grant | $41,354,255 | GrantAmt |
| Revenue | $71,080,786 | RevenueAmt |
| Desc | INSTRUCTION - UNDERGRADUATE PROGRAMS: SIMMONS IS A PRIVATE, NONSECTARIAN INSTITUTION LOCATED IN BOSTON'S FENWAY AREA, AND CURRENTLY SERVES 1,748 UNDERGRADUATE INDIVIDUALS WHO WERE ASSIGNED FEMALE AT BIRTH, SELF-IDENTIFY AS WOMEN, OR DO NOT FIT INTO THE GENDER BINARY BUT WHO FEEL THEY BELONG IN A COMMUNITY OF WOMEN. DURING THE 2021 ACADEMIC YEAR, THE UNIVERSITY CONFERRED 436 BACCALAUREATE DEGREES. INSTRUCTION INCLUDES EXPENDITURES FOR THE UNDERGRADUATE PROGRAM AS WELL AS FINANCIAL AID PROVIDED BY THE UNIVERSITY TO STUDENTS IN THE FORM OF SCHOLARSHIPS AND GRANTS. APPROXIMATELY 99% OF UNDERGRADUATES RECEIVED FINANCIAL AID IN THE FORM OF SCHOLARSHIPS OR GRANTS FROM THE UNIVERSITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $86,075,801 | ExpenseAmt |
| Grant | $10,033,756 | GrantAmt |
| Revenue | $112,076,290 | RevenueAmt |
| Desc | INSTRUCTION - GRADUATE PROGRAMS: SIMMONS CURRENTLY SERVES 4,236 STUDENTS IN GRADUATE PROGRAMS AT THE MASTER AND DOCTORAL LEVELS. THE UNIVERSITY'S GRADUATE PROGRAMS SERVE MEN AND INDIVIDUALS WHO WERE ASSIGNED FEMALE AT BIRTH, SELF-IDENTIFY AS WOMEN, OR DO NOT FIT INTO THE GENDER BINARY BUT WHO FEEL THEY BELONG IN A COMMUNITY OF WOMEN. THESE PROGRAMS ARE HOUSED IN THE COLLEGE OF ORGANIZATIONAL, COMPUTATIONAL, AND INFORMATION SCIENCES (LIBRARY AND INFORMATION SCIENCE AND BUSINESS), COLLEGE OF SOCIAL SCIENCES, POLICY, AND PRACTICE (SOCIALWORK AND PUBLIC POLICY), THE COLLEGE OF NATURAL, BEHAVIORAL, AND HEALTH SCIENCES (BEHAVIORAL ANALYSIS, HEALTH PROFESSIONS EDUCATION, NURSING, NUTRITION, PHYSICAL THERAPY) AND IN THE GWEN IFILL COLLEGE OF MEDIA, ARTS AND HUMANITIES (CHILDREN'S LITERATURE, GENDER AND SOCIAL STUDIES, HISTORY). THE UNIVERSITY OFFERS ONLINE PROGRAMS IN NURSING, SOCIAL WORK, BEHAVIORAL ANALYSIS, PUBLIC HEALTH AND MANAGEMENT REACHING ALL FIFTY STATES, THE DISTRICT OF COLUMBIA AND CANADA. DURING THE 2021 ACADEMIC YEAR, THE UNIVERSITY CONFERRED 1,999 GRADUATE DEGREES AND CERTIFICATES. INSTRUCTION INCLUDES EXPENDITURES FOR THE GRADUATE PROGRAMS AS WELL AS FINANCIAL AID. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $40,792,837 | ExpenseAmt |
| Grant | $11,365 | GrantAmt |
| Revenue | $8,737,905 | RevenueAmt |
| Desc | ACADEMIC SUPPORT AND STUDENT SERVICES - INCLUDES EXPENDITURES FOR ACTIVITIES THAT SUPPORT AND ENHANCE THE STUDENT'S EDUCATION, AS WELL AS CONTRIBUTE TO THEIR EMOTIONAL AND PHYSICAL WELL-BEING. INCLUDED IN THIS CATEGORY IS THE UNIVERSITY LIBRARY WHICH HOUSES OVER 155,000 PRINT VOLUMES, SUBSCRIBES TO AND/OR PROVIDES ACCESS TO 131,000 E-JOURNALS, 255,400 E-BOOKS, AND 132 ELECTRONIC DATABASES FOR ARTICLES, REFERENCE CONTENT, STATISTICS AND BEYOND. DURING FISCAL YEAR 2021, STUDENTS CHECKED OUT 250 BOOKS AND COURSE RESERVE ITEMS (LOWERED DUE TO PIVOT TO ONLINE LEARNING) WITH DIGITAL CIRCULATION OF 115,000 TITLES. ALSO INCLUDED IN THIS CATEGORY IS THE UNIVERSITY'S HEALTH CENTER WHOSE STAFF HANDLED 2,282 STUDENT/PATIENT VISITS DURING FISCAL YEAR 2021. ANOTHER COMPONENT OF THIS CATEGORY IS THE CAREER EDUCATION CENTER WHICH HAD 1,539 STUDENT CONTACTS DURING FISCAL YEAR 2021 THROUGH MULTIPLE CHANNELS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $185,113,519 | 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 | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | 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 | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | 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 | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 178 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 3102 | 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 | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| 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 | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | 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 | 0 | LocalChaptersInd |
| 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 |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFFREY PINKHAM | PersonNm |
| Phone | 6175212010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 THE FENWAY | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02115 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| LYNN PERRY WOOTEN | |||||||||
| PRESIDENT (AS OF 7/20) | 40.00 | 0.00 | Yes (X) | Yes (X) | $293,317 | $0 | $77,618 | ||
| WILLIAM BELLAMY | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JANE BUYERS | |||||||||
| TRUSTEE, COMMITTEE CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AGENIA CLARK | |||||||||
| TRUSTEE, COMMITTEE CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BARBARA LATZ COHEN | |||||||||
| TRUSTEE, COMMITTEE CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DENISE COLL | |||||||||
| CLERK, TRUSTEE, COMM.CHAIR | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| TIFFANY DUFU | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER ECKERT | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| APRIL EVANS | |||||||||
| TRUSTEE, COMMITTEE CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ELIZABETH FENDER | |||||||||
| TRUSTEE, COMMITTEE CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MILLICENT GORHAM | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KAREN HAMMOND | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERTO IFILL AS OF 0120 | |||||||||
| VICE CHAIR, TRUSTEE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JULIE JOHNSON STAPLES | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALIX LAAGER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LESLIE LAKE UNTIL 1120 | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STACY MULLANEY AS OF 1020 | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REGINA M PISA | |||||||||
| CHAIR OF BOARD, TRUSTEE | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| GRACE RICHARDSON | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHLEEN I SCHULLER BLEAKIE | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY SINGER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM SPECK | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WINSTON TABB | |||||||||
| TRUSTEE, COMMITTEE CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PAMELA J TOULOPOULOS | |||||||||
| TRUSTEE, COMMITTEE CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHLEEN ROGERS | |||||||||
| SVP,CHIEF STAFF,GEN.COUN.(UNTIL 3/22) | 40.00 | 0.00 | Yes (X) | $262,990 | $0 | $11,475 | |||
| MICHAEL J BARONE | |||||||||
| INTERIM VP FOR FIN.&TREASURER | 40.00 | 0.00 | Yes (X) | $481,663 | $0 | $0 | |||
| SUSAN BRADY | |||||||||
| CEO-INST.FOR INCLUSIVE LEADERSHIP | 40.00 | 0.00 | $299,951 | $0 | $10,073 | Yes (X) | |||
| MARIE DESJARDINS | |||||||||
| DEAN (UNTIL 3/22) | 40.00 | 0.00 | $245,119 | $0 | $33,479 | Yes (X) | |||
| LEPAINE SHARP-MCHENRY | |||||||||
| DEAN | 40.00 | 0.00 | $245,431 | $0 | $27,881 | Yes (X) | |||
| STEPHANIE BERZIN | |||||||||
| DEAN | 40.00 | 0.00 | $234,719 | $0 | $39,232 | Yes (X) | |||
| BRIAN NORMAN | |||||||||
| DEAN | 40.00 | 0.00 | $206,173 | $0 | $23,858 | Yes (X) | |||
| HELEN G DRINAN | |||||||||
| PRESIDENT (UNTIL 6/20) | 40.00 | 0.00 | $638,676 | $0 | $18,518 | Yes (X) | |||
| DEBRA PEREZ | |||||||||
| SR.VP-ORG.CULTURE (UNTIL 7/20) | 40.00 | 0.00 | $309,702 | $0 | $16,429 | Yes (X) | |||
| SHEILA C CONBOY | |||||||||
| SR.VP & PROVOST (UNTIL 5/20) | 40.00 | 0.00 | $140,183 | $0 | $18,551 | Yes (X) | |||
| AMY WHITE | |||||||||
| SR.VP-INST.ADV.(UNTIL 6/20) | 40.00 | 0.00 | $288,101 | $0 | $14,220 | Yes (X) | |||
| JENNIFER RICE | |||||||||
| VP-ADVANCEMENT (UNTIL 5/20) | 40.00 | 0.00 | $249,820 | $0 | $16,252 | Yes (X) | |||
| SUZANNE MURPHY | |||||||||
| VP,CHIEF PEOPLE OFFICER | 40.00 | 0.00 | $220,261 | $0 | $31,568 | Yes (X) | |||
| LAURA BRINK PISINSKI | |||||||||
| VP-REAL ESTATE DEV.&FACIL.MGMT. | 40.00 | 0.00 | $200,170 | $0 | $17,972 | Yes (X) | |||
| KERRI BROPHY | |||||||||
| VP-ENROLLMENT MANAGEMENT | 40.00 | 0.00 | $199,922 | $0 | $35,048 | Yes (X) | |||
| LYNETTE COOK-FRANCIS | |||||||||
| SVP-STU.ENG.&ENR.MGMT.(UNTIL 5/20) | 40.00 | 0.00 | $291,665 | $0 | $12,107 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,807,863 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $404,281 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 109 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | 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 |
|---|---|---|---|---|---|
| 2U INC | |||||
| 8201 CORPORATE DRIVE S 900 | LANDOVER | MD | 20785 | ONLINE PROGRAM PARTNER | $41,043,767 |
| LEE KENNEDY CO INC | |||||
| 122 QUINCY SHORE DR | QUINCY | MA | 02171 | CONSTRUCTION SERVICES | $19,154,088 |
| ELKUS MANFREDI ARCHITECTS LTD | |||||
| 25 DRYDOCK AVE | BOSTON | MA | 02210 | ARCHITECTURE SERVICES | $3,934,016 |
| C&W FACILITY SERVICES INC | |||||
| 275 GROVE ST STE 3-200 | AUBURNDALE | MA | 02466 | FACILITIES MGMT.SERVICES | $2,271,755 |
| ALCHEMY | |||||
| 575 DOUBLE EAGLE COURT STE 220 | RENO | NV | 89521 | SOFTWARE CONSULTING | $1,403,391 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 46 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $8,349,528 | GovernmentGrantsAmt |
| All Other Contributions | $6,785,004 | AllOtherContributionsAmt |
| Noncash Contributions | $418,948 | NoncashContributionsAmt |
| Total Contributions | $15,134,532 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION AND FEES | 900099 | $183,157,077 | $183,157,077 | |
| AUXILIARY & OTHER OP. REVENUE | 900099 | $8,046,002 | $6,727,495 | $1,318,507 |
| RESIDENCE & DINING | 900099 | $2,010,409 | $2,010,409 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $193,213,488 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,945,324 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$33,321 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,978,645 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,934,048 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,934,048 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,934,048 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $111,370 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,822,678 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $63,444,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $47,105,735 | SecuritiesAmt |
| Other | $11,211,864 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,338,265 | SecuritiesAmt |
| Other | -$11,211,864 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,126,401 | TotalRevenueColumnAmt |
| Exclusion | $5,126,401 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOSS ON DEBT EXTING. | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | -$124,323 | TotalRevenueColumnAmt |
| Exclusion | -$124,323 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$124,323 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $219,229,470 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $191,894,981 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,396,556 | UnrelatedBusinessRevenueAmt |
| Exclusion | $10,803,401 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,365 | TotalAmt |
| Program Services | $11,365 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,388,010 | TotalAmt |
| Program Services | $51,388,010 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,419,755 | TotalAmt |
| Management And General | $1,419,755 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,315,336 | TotalAmt |
| Program Services | $47,383,909 | ProgramServicesAmt |
| Management And General | $11,891,539 | ManagementAndGeneralAmt |
| Fundraising | $1,039,888 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,000 | TotalAmt |
| Program Services | $69,447 | ProgramServicesAmt |
| Management And General | $18,716 | ManagementAndGeneralAmt |
| Fundraising | $837 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,982,889 | TotalAmt |
| Program Services | $5,521,893 | ProgramServicesAmt |
| Management And General | $404,738 | ManagementAndGeneralAmt |
| Fundraising | $56,258 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,182,218 | TotalAmt |
| Program Services | $4,043,685 | ProgramServicesAmt |
| Management And General | $1,089,804 | ManagementAndGeneralAmt |
| Fundraising | $48,729 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $591,282 | TotalAmt |
| Program Services | $7,898 | ProgramServicesAmt |
| Management And General | $583,384 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $341,500 | TotalAmt |
| Management And General | $341,500 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $917,416 | TotalAmt |
| Management And General | $917,416 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,332,014 | TotalAmt |
| Program Services | $1,365,727 | ProgramServicesAmt |
| Management And General | $1,951,851 | ManagementAndGeneralAmt |
| Fundraising | $14,436 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $496,381 | TotalAmt |
| Program Services | $167,703 | ProgramServicesAmt |
| Management And General | $327,924 | ManagementAndGeneralAmt |
| Fundraising | $754 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,398 | TotalAmt |
| Program Services | $235,447 | ProgramServicesAmt |
| Management And General | $36,571 | ManagementAndGeneralAmt |
| Fundraising | $380 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,116,522 | TotalAmt |
| Program Services | $581,243 | ProgramServicesAmt |
| Management And General | $2,396,311 | ManagementAndGeneralAmt |
| Fundraising | $138,968 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,235,966 | TotalAmt |
| Program Services | $4,676,921 | ProgramServicesAmt |
| Management And General | $1,559,045 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,938 | TotalAmt |
| Program Services | $13,799 | ProgramServicesAmt |
| Management And General | $51,139 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,245 | TotalAmt |
| Program Services | $87,677 | ProgramServicesAmt |
| Management And General | $66,162 | ManagementAndGeneralAmt |
| Fundraising | $406 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,373,154 | TotalAmt |
| Program Services | $3,474,491 | ProgramServicesAmt |
| Management And General | $2,774,600 | ManagementAndGeneralAmt |
| Fundraising | $124,063 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,702,082 | TotalAmt |
| Program Services | $7,679,724 | ProgramServicesAmt |
| Management And General | $3,850,201 | ManagementAndGeneralAmt |
| Fundraising | $172,157 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $787,157 | TotalAmt |
| Program Services | $14,716 | ProgramServicesAmt |
| Management And General | $772,441 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| DIST.LEARNING-PARTNER S | $49,409,831 | $49,409,831 | ||
| CONTRACTED SERVICES | $6,649,407 | $5,106,907 | $1,521,779 | $20,721 |
| FOOD SERVICE EXPENSE | $2,211,593 | $2,091,242 | $112,022 | $8,329 |
| LIBRARY EXPENSES | $1,139,128 | $1,118,106 | $21,022 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,748,108 | TotalAmt |
| Program Services | $663,778 | ProgramServicesAmt |
| Management And General | $1,749,745 | ManagementAndGeneralAmt |
| Fundraising | $334,585 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,931,695 | TotalAmt |
| Program Services | $185,113,519 | ProgramServicesAmt |
| Management And General | $33,857,665 | ManagementAndGeneralAmt |
| Fundraising | $1,960,511 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,870,445 | BOYAmt |
| EOY | $71,588,695 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,783,879 | BOYAmt |
| EOY | $2,259,414 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,128,561 | BOYAmt |
| EOY | $10,873,006 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,547,964 | BOYAmt |
| EOY | $1,417,644 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,134,748 | BOYAmt |
| EOY | $7,258,530 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $398,921,915 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $195,698,112 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,708,650 | BOYAmt |
| EOY | $203,223,803 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,300,526 | BOYAmt |
| EOY | $98,725,243 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,397,000 | BOYAmt |
| EOY | $146,991,411 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $96,898,227 | BOYAmt |
| EOY | $58,501,959 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $504,770,000 | BOYAmt |
| EOY | $600,839,705 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,759,018 | BOYAmt |
| EOY | $23,544,647 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $791,171 | BOYAmt |
| EOY | $899,554 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,353,222 | BOYAmt |
| EOY | $18,058,004 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $231,103,855 | BOYAmt |
| EOY | $223,841,474 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,997 | BOYAmt |
| EOY | $603,939 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,095,000 | BOYAmt |
| EOY | $50,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,057,938 | BOYAmt |
| EOY | $5,351,226 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $271,550,201 | BOYAmt |
| EOY | $322,298,844 | 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 | $72,259,558 | BOYAmt |
| EOY | $72,784,235 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,960,241 | BOYAmt |
| EOY | $205,756,626 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $233,219,799 | BOYAmt |
| EOY | $278,540,861 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $504,770,000 | BOYAmt |
| EOY | $600,839,705 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,702,225 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $45,168,850 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,854,437 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 | $9,972,383 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,810,267 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,527,998 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,877,179 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,134,532 | CurrentTaxYearAmt |
| Total | $59,322,359 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,972,383 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,810,267 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,527,998 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,877,179 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,134,532 | CurrentTaxYearAmt |
| Total | $59,322,359 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $269,204 | SubstantialContributorsTotAmt |
| Public Support Total170 | $59,053,155 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,316,453 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,656,687 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,904,842 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,066,601 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,879,372 | CurrentTaxYearAmt |
| Total | $31,823,955 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $91,146,314 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,049,216,425 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.64790 | PublicSupportCY170Pct |
| Public Support PY170 | 0.62030 | 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 |
| Other Activities | $1 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $1 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | SIMMONS UNIVERSITY IS A MEMBER OF VARIOUS EDUCATIONAL ASSOCIATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF COLLEGES AND UNIVERSITIES FROM WHICH SIMMONS MAY BENEFIT. SIMMONS UNIVERSITY IS NOT AWARE OF THE ACTUAL AMOUNT OF MEMBER FEES ASSOCIATED WITH SUCH LOBBYING EFFORTS. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $190,425,355 | BeginningYearBalanceAmt |
| Contributions | $1,395,808 | ContributionsAmt |
| Investment Earnings Or Losses | $63,821,666 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,694,628 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,679,933 | OtherExpendituresAmt |
| End Year Balance | $244,268,268 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $195,674,424 | BeginningYearBalanceAmt |
| Contributions | $1,797,413 | ContributionsAmt |
| Investment Earnings Or Losses | $4,023,547 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,742,274 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,327,755 | OtherExpendituresAmt |
| End Year Balance | $190,425,355 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $194,860,622 | BeginningYearBalanceAmt |
| Contributions | $2,366,885 | ContributionsAmt |
| Investment Earnings Or Losses | $7,480,824 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,085,369 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,948,538 | OtherExpendituresAmt |
| End Year Balance | $195,674,424 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $188,165,010 | BeginningYearBalanceAmt |
| Contributions | $2,085,062 | ContributionsAmt |
| Investment Earnings Or Losses | $13,449,854 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,845,930 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,993,374 | OtherExpendituresAmt |
| End Year Balance | $194,860,622 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $175,820,721 | BeginningYearBalanceAmt |
| Contributions | $2,865,241 | ContributionsAmt |
| Investment Earnings Or Losses | $18,231,147 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,838,239 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,913,860 | OtherExpendituresAmt |
| End Year Balance | $188,165,010 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.25110 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.31150 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.43740 | 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 | $815,000 | OtherCostOrOtherBasisAmt |
| Book Value | $815,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $304,336,312 | OtherCostOrOtherBasisAmt |
| Depreciation | $131,687,757 | DepreciationAmt |
| Book Value | $172,648,555 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,246,375 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,477,794 | DepreciationAmt |
| Book Value | $10,768,581 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $79,524,228 | OtherCostOrOtherBasisAmt |
| Depreciation | $60,532,561 | DepreciationAmt |
| Book Value | $18,991,667 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $203,223,803 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY | $27,822,873 | F |
| HEDGE FUNDS | $40,094,181 | F |
| EQUITY SECURITIES | $79,062,357 | F |
| REAL ESTATE CERTIFICATES | $12,000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $146,991,411 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEPOSIT WITH BOND TRUSTEE | $46,766,079 |
| FUNDS HELD IN TRUST | $10,856,819 |
| OTHER ASSETS | $272,771 |
| RIGHT-OF-USE ASSET | $606,290 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $58,501,959 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| U.S. GOVERNMENT LOAN ADVANCES | $1,228,099 |
| ASSET RETIREMENT OBLIGATIONS | $2,027,631 |
| ANNUITIES & REMAINDER INT. PAYABLE | $844,478 |
| DEPOSIT PAYABLE | $644,728 |
| OPERATING LEASE PAYABLE | $606,290 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,351,226 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $227,610,094 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $45,168,850 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$47,082,674 | OtherRevenueAmt |
| Revenue Not Reported | -$1,913,824 | RevenueNotReportedAmt |
| Revenue Subtotal | $229,523,918 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $917,416 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$11,211,864 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$10,294,448 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $219,229,470 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $182,289,032 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $11,211,864 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $11,211,864 | ExpensesNotReportedAmt |
| Expenses Subtotal | $171,077,168 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $917,416 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $48,937,111 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $49,854,527 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $220,931,695 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | DESCRIPTION OF ART COLLECTION: THE SIMMONS UNIVERSITY ART COLLECTION IS COMPRISED OF PAINTINGS, DRAWINGS, PRINTS, SCULPTURE, AND PHOTOGRAPHY WHICH IS USED TO SUPPORT THE UNIVERSITY'S CURRICULUM. |
| PART IV, LINE 2B: | ESCROW AND CUSTODIAL ARRANGEMENT: THE UNIVERSITY MAINTAINS AGENCY ACCOUNTS FOR ALUMNAE/I AND STUDENT GROUPS. THE UNIVERSITY ACTS AS A FISCAL AGENT FOR THE FUNDS. |
| PART V, LINE 4: | INTENDED USES OF ENDOWMENT FUNDS: THE SIMMONS ENDOWMENT FUND IS USED TO SUPPORT THE EDUCATIONAL MISSION OF THE UNIVERSITY. IT IS INTENDED TO PROVIDE AN INTERGENERATIONAL SOURCE OF FUNDING FOR STUDENT SCHOLARSHIPS, RESEARCH, INSTRUCTIONAL PROGRAMS, AND GENERAL OPERATIONS OF THE UNIVERSITY. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST TRUSTS 1,854,437. STUDENT FINANCIAL AID -48,937,111. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | LOSS ON WRITE-OFF OF CAPITAL ASSETS INCLUDED IN EXPENSES ON FINANCIAL STATEMENTS -11,211,864. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON WRITE-OFF OF CAPITAL ASSETS INCLUDED IN EXPENSES ON FINANCIAL STATEMENTS 11,211,864. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID 48,937,111. |
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 | A DESCRIPTION OF THE UNIVERSITY'S NON-DISCRIMINATORY POLICY IS PUBLISHED IN ITS ADMISSION AND RECRUITING PUBLICATIONS AND IN THE STUDENT HANDBOOK. IT IS ALSO POSTED IN SEVERAL LOCATIONS ON THE UNIVERSITY'S WEBSITE UNDER "POLICIES," THE OFFICE OF GENERAL COUNSEL, AND HUMAN RESOURCES. |
| SCHEDULE E, PART I, LINE 6 | SIMMONS UNIVERSITY RECEIVES FUNDING FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES, INCLUDING HIGHER EDUCATION EMERGENCY RELIEF FUNDS UNDER THE CARES ACT WHICH WERE PASSED TO STUDENTS, IN SUPPORT OF THE UNIVERSITY'S EDUCATIONAL MISSION. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | INVESTMENTS | $35,767,153 | |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | $11,141 | ACADEMIC SUPPORT |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | $39,250 | INSTITUTIONAL SUPPORT |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | $62,157 | INSTRUCTION |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | INVESTMENTS | $5,801,568 | |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | $15,230 | INSTITUTIONAL SUPPORT |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | $450 | INSTRUCTION |
| SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, | 0 | 0 | PROGRAM SERVICES | $18 | INSTITUTIONAL SUPPORT |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | 0 | 0 | PROGRAM SERVICES | $1,000 | INSTRUCTION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $41,696,967 | SubtotalSpentAmt |
| Continuation Spent | $1,000 | ContinuationSpentAmt |
| Total Spent | $41,697,967 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | MONITORING USE OF GRANT FUNDS - FUNDS ARE TRACKED THROUGH THE UNIVERSITY'S ACCOUNTING SYSTEM BY FINANCE PERSONNEL TO ENSURE THAT EXPENDITURES ARE FOR THE INTENDED PURPOSE. |
| PART III ACCOUNTING METHOD: | |
| PART I - ADDITIONAL INFORMATION: | SIMMONS UNIVERSITY'S FACULTY AND STAFF TRAVEL INTERNATIONALLY AS PART OF THEIR DUTIES AND INCUR EXPENDITURES IN SUPPORT OF INSTRUCTION, PROFESSIONAL DEVELOPMENT, AND INSTITUTIONAL SUPPORT. DUE TO THE WORLDWIDE COVID-19 PANDEMIC AND RELATED TRAVEL RESTRICTIONS, THE UNIVERSITY SUBSTANTIALLY REDUCED INTERNATIONAL TRAVEL. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| CODE FOR SCIENCE AND SOCIETY INC | ||||||||
| 1221 SE 34TH AVENUE | PORTLAND | OR | 97214 | 813791683 | 501(C)(3) | $5,610 | $0 | GENERAL |
| UNIVERSITY CORPORATION FOR ADVANCED INTERNET DEVELOPMENT DBA INTERNET2 | ||||||||
| 150 PHOENIX DRIVE SUITE 111 | ANN ARBOR | MI | 48108 | 522060187 | 501(C)(3) | $5,755 | $0 | GENERAL |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|
| STUDENT FINANCIAL AID | 3516 | $49,156,158 | $0 |
| STUDENT STIPENDS | 2507 | $2,231,852 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FOR INDIVIDUAL RECIPIENTS OF GRANTS, ACADEMIC EXCELLENCE AND DEMONSTRATED FINANCIAL NEED ARE USED TO DETERMINE EACH STUDENT'S FINANCIAL AID. THE FINANCIAL AID CONSISTS OF ANY COMBINATION OF GRANTS AND LOANS AND ARE REVIEWED EACH YEAR BASED ON A STUDENT'S ACADEMIC RECORD AND/OR DEMONSTRATED NEED. THE FREE APPLICATION FOR FEDERAL STUDENT AID, WHICH HELPS TO ESTABLISH A STUDENT'S FINANCIAL NEED, SERVES AS THE APPLICATION FOR TUITION SCHOLARSHIPS. SIMMONS UNIVERSITY ALSO PASSES GRANTS THROUGH TO OTHER SECTION 501(C)(3) ORGANIZATIONS THAT ARE SUBRECIPIENTS OF GRANT FUNDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HELEN G DRINAN | ||||||||||||||
| PRESIDENT (UNTIL 6/20) | $530,034 | $0 | $0 | $0 | $108,642 | $0 | $16,500 | $0 | $2,018 | $0 | $657,194 | $0 | $0 | $0 |
| MICHAEL J BARONE | ||||||||||||||
| INTERIM VP FOR FIN.&TREASURER | $481,663 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $481,663 | $0 | $0 | $0 |
| LYNN PERRY WOOTEN | ||||||||||||||
| PRESIDENT (AS OF 7/20) | $255,894 | $0 | $0 | $0 | $37,423 | $0 | $19,500 | $0 | $58,118 | $0 | $370,935 | $0 | $0 | $0 |
| DEBRA PEREZ | ||||||||||||||
| SR.VP-ORG.CULTURE (UNTIL 7/20) | $171,469 | $0 | $0 | $0 | $138,233 | $0 | $9,000 | $0 | $7,429 | $0 | $326,131 | $0 | $0 | $0 |
| SUSAN BRADY | ||||||||||||||
| CEO-INST.FOR INCLUSIVE LEADERSHIP | $299,376 | $0 | $0 | $0 | $575 | $0 | $9,000 | $0 | $1,073 | $0 | $310,024 | $0 | $0 | $0 |
| LYNETTE COOK-FRANCIS | ||||||||||||||
| SVP-STU.ENG.&ENR.MGMT.(UNTIL 5/20) | $129,716 | $0 | $0 | $0 | $161,949 | $0 | $8,000 | $0 | $4,107 | $0 | $303,772 | $0 | $0 | $0 |
| AMY WHITE | ||||||||||||||
| SR.VP-INST.ADV.(UNTIL 6/20) | $138,494 | $0 | $0 | $0 | $149,607 | $0 | $8,489 | $0 | $5,731 | $0 | $302,321 | $0 | $0 | $0 |
| MARIE DESJARDINS | ||||||||||||||
| DEAN (UNTIL 3/22) | $224,587 | $0 | $0 | $0 | $20,532 | $0 | $7,500 | $0 | $25,979 | $0 | $278,598 | $0 | $0 | $0 |
| KATHLEEN ROGERS | ||||||||||||||
| SVP,CHIEF STAFF,GEN.COUN.(UNTIL 3/22 | $260,776 | $0 | $0 | $0 | $2,214 | $0 | $7,920 | $0 | $3,555 | $0 | $274,465 | $0 | $0 | $0 |
| STEPHANIE BERZIN | ||||||||||||||
| DEAN | $228,377 | $0 | $0 | $0 | $6,342 | $0 | $7,200 | $0 | $32,032 | $0 | $273,951 | $0 | $0 | $0 |
| LEPAINE SHARP-MCHENRY | ||||||||||||||
| DEAN | $243,355 | $0 | $0 | $0 | $2,076 | $0 | $7,500 | $0 | $20,381 | $0 | $273,312 | $0 | $0 | $0 |
| JENNIFER RICE | ||||||||||||||
| VP-ADVANCEMENT (UNTIL 5/20) | $77,501 | $0 | $0 | $0 | $172,319 | $0 | $4,800 | $0 | $11,452 | $0 | $266,072 | $0 | $0 | $0 |
| SUZANNE MURPHY | ||||||||||||||
| VP,CHIEF PEOPLE OFFICER | $219,312 | $0 | $0 | $0 | $949 | $0 | $6,900 | $0 | $24,668 | $0 | $251,829 | $0 | $0 | $0 |
| KERRI BROPHY | ||||||||||||||
| VP-ENROLLMENT MANAGEMENT | $199,224 | $0 | $0 | $0 | $698 | $0 | $6,250 | $0 | $28,798 | $0 | $234,970 | $0 | $0 | $0 |
| BRIAN NORMAN | ||||||||||||||
| DEAN | $205,981 | $0 | $0 | $0 | $192 | $0 | $6,300 | $0 | $17,558 | $0 | $230,031 | $0 | $0 | $0 |
| LAURA BRINK PISINSKI | ||||||||||||||
| VP-REAL ESTATE DEV.&FACIL.MGMT. | $199,891 | $0 | $0 | $0 | $279 | $0 | $6,150 | $0 | $11,822 | $0 | $218,142 | $0 | $0 | $0 |
| SHEILA C CONBOY | ||||||||||||||
| SR.VP & PROVOST (UNTIL 5/20) | $139,350 | $0 | $0 | $0 | $833 | $0 | $8,625 | $0 | $9,926 | $0 | $158,734 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | BENEFITS PROVIDED TO CERTAIN EMPLOYEES - THE UNIVERSITY HAS LEASED A HOME FOR LYNN PERRY WOOTEN THAT IS USED AS A PERSONAL RESIDENCE AND ALSO TO HOLD FUNCTIONS AND EVENTS ON BEHALF OF SIMMONS UNIVERSITY. BECAUSE THE UNIVERSITY REQUIRES PRESIDENT WOOTEN TO LIVE IN PROXIMITY TO CAMPUS AND BE AVAILABLE DURING NON-BUSINESS HOURS FOR UNIVERSITY MATTERS, THE HOUSING BENEFIT IS NOT CONSIDERED AS TAXABLE INCOME IN ACCORDANCE WITH CODE SECTION 119(D). THE UNIVERSITY PROVIDES MAID SERVICES AT PRESIDENT WOOTEN'S HOUSE. PRESIDENT WOOTEN ALSO RECEIVED A RELOCATION ALLOWANCE, A CAR ALLOWANCE AND TUITION REMISSION. |
| PART I, LINE 1B | WRITTEN POLICY FOR EXPENSE REIMBURSEMENTS - THE UNIVERSITY HAS A WRITTEN POLICY REGARDING FIRST CLASS AND SPOUSAL TRAVEL. ON OCCASION, OTHER BENEFITS LISTED IN QUESTION 1A OF SCHEDULE J, PART I MAY BE PROVIDED, BUT ONLY PURSUANT TO A VOTE OF APPROVAL BY THE BOARD OF TRUSTEES. |
| PART I, LINES 4A-B | SEVERANCE PAYMENTS - THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS: DEBRA PEREZ; $125,000; AMY WHITE: $133,036; JENNIFER RICE: $160,000; AND LYNETTE COOK-FRANCIS: $140,000. SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN - PRESIDENT WOOTEN PARTICIPATED IN A SECTION 457(B) AND SECTION 457(F) DEFERRED COMPENSATION PLAN. THE UNVIERSITY CONTRIBUTED $19,500 TO THE SECTION 457(B) PLAN. THE UNIVERSITY CREDITED $50,000 FOR PRESIDENT WOOTEN TO A SECTION 457(F) PLAN. THIS AMOUNT IS NOT YET VESTED. |
| PART II: | ADDITIONAL INFORMATION ABOUT COMPENSATION - HELEN DRINAN RECEIVED FORM W-2 FOR 2020 FOR THE PERIOD FROM 1/1/20 TO 6/30/20 FOR HER SERVICES AS PRESIDENT OF THE UNIVERSITY. ADDITIONALLY, SHE SERVED AS A CONSULTANT TO THE UNIVERSITY AND RECEIVED FORM 1099-NEC FOR 2020 FOR HER SERVICES FROM 7/1/20 TO 12/31/20. |
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 |
|---|---|---|---|---|---|---|---|---|
| SIMMONS COLLEGE MDFA REVENUE BOND SERIES H | ||||||||
| A | 043431814 | 57583RJG1 | 2007-01-04 | $45,343,798 | REFUNDING SERIES C, D, AND F BONDS | 0 | 0 | 0 |
| SIMMONS COLLEGE MDFA REVENUE BOND SERIES J | ||||||||
| B | 043431814 | 57583UYQ5 | 2013-09-05 | $19,156,227 | REFINANCE SERIES F & I BONDS | 0 | 0 | 0 |
| SIMMONS COLLEGE MDFA REVENUE BOND SERIES K-1 | ||||||||
| C | 043431814 | 57584XAA9 | 2015-07-08 | $37,550,169 | REFIN.SERIES C&I | 0 | 0 | 0 |
| SIMMONS COLLEGE MDFA REVENUE BOND SERIES L | ||||||||
| D | 043431814 | 2018-08-27 | $48,134,737 | REFUNDING SERIES G BONDS | 0 | 0 | 0 | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Other Spent ProceedsOtherSpentProceedsAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Refunding EscrowRefundingEscrowAmt | Substantial CompletionSubstantialCompletionYr |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $16,643,911 | $45,343,798 | $575,599 | $485,410 | $44,282,763 | 0 | Yes (1) | Yes (1) | Yes (1) | ||
| B | $82,633 | $19,156,227 | $374,131 | $3,297,539 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | $15,484,557 | ||
| C | $1,272,037 | $37,550,169 | $502,539 | $8,173,058 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | $28,874,572 | ||
| D | $1,451,221 | $48,134,737 | $744,737 | Yes (1) | 0 | Yes (1) | Yes (1) | $47,390,000 | 2018 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | Yes (1) | Yes (1) | 0 | 0.01990 | 0.01990 | 0 | 0 | Yes (1) |
| B | Yes (1) | Yes (1) | Yes (1) | Yes (1) | 0 | 0.00130 | 0.00130 | 0 | 0 | Yes (1) |
| C | 0 | 0 | Yes (1) | Yes (1) | 0 | 0.00100 | 0.00100 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| 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 (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| DATE REBATE COMPUTATION PERFORMED | ISSUER NAME: SIMMONS COLLEGE MDFA REVENUE BOND SERIES H DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2021 ISSUER NAME: SIMMONS COLLEGE MDFA REVENUE BOND SERIES J DATE THE REBATE COMPUTATION WAS PERFORMED: 09/05/2021 ISSUER NAME: SIMMONS COLLEGE MDFA REVENUE BOND SERIES K-1 DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2021 ISSUER NAME: SIMMONS COLLEGE MDFA REVENUE BOND SERIES L DATE THE REBATE COMPUTATION WAS PERFORMED: 08/10/2021 |
| SCHEDULE K, PART II, LINE 3, COLUMN C: | $31,140,000 OF THE MHEFA REVENUE BOND SERIES I PROCEEDS WERE USED TO REFUND SERIES E BONDS. |
| SCHEDULE K, PART II, LINE 13, COLUMN B: | THE YEAR OF SUBSTANTIAL COMPLETION FOR THE MDFA REVENUE BONDS SERIES H HAS BEEN LEFT BLANK BECAUSE THIS ISSUE WAS ENTIRELY FOR AN ADVANCE REFUNDING. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIMMONS UNIVERSITY MDFA REVENUE BOND SERIES M | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 043431814 | BondIssuerEIN |
| CUSIP | 57584YYM5 | CUSIPNum |
| Bond Issued | 2020-04-02 | BondIssuedDt |
| Issue Price | $91,002,665 | IssuePriceAmt |
| Purpose | BUILDING CONSTRUCTION | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $481,790 | RetiredAmt |
| Total Proceeds | $91,002,665 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $1,002,665 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $44,328,041 | CapitalExpendituresAmt |
| Unspent | $45,670,969 | UnspentAmt |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HELEN DRINAN | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FORMER OFFICER | RelationshipDescriptionTxt |
| Transaction | $274,800 | TransactionAmt |
| Transaction | PAYMENT FOR CONSULTING SERVICES RENDERED | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 28 | ContributionCnt |
| Noncash Contributions Rpt F990 | $406,948 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | OTHER GOODS | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $12,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | USE OF THIRD PARTIES - THE UNIVERSITY UTILIZES THE SERVICES OF A BROKER TO SELL DONATED SECURITIES. THE FEES CHARGED BY THE BROKER ARE AT OR BELOW FAIR MARKET VALUE. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | AUTHORITY OF EXECUTIVE COMMITTEE: THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES CONSISTS OF THE CHAIR AND THE VICE CHAIR OF THE BOARD OF TRUSTEES; THE PRESIDENT; THE CHAIRS OF THE FINANCE COMMITTEE, THE AUDIT COMMITTEE, THE COMMITTEE ON TRUSTEESHIP AND GOVERNANCE, THE ADVANCEMENT COMMITTEE, THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE, THE INVESTMENT COMMITTEE, THE FACULTY REVIEW COMMITTEE, STUDENT EXPERIENCE COMMITTEE AND ACADEMIC EXCELLENCE COMMITTEE; THE CLERK; AND ANY OTHER TRUSTEES MAY BE DESIGNATED BY THE BOARD OF TRUSTEES FROM TIME TO TIME. IN BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE HAS THE FULL POWER AND AUTHORITY OF THE BOARD OF TRUSTEES, EXCEPT TO SELL REAL ESTATE AND TO CONFER DEGREES. |
| FORM 990, PART VI, SECTION A, LINE 2 | REPORTABLE RELATIONSHIPS - APRIL EVANS AND TIFFANY DUFU HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 6 | AND FORM 990, PART VI, SECTION B, LINE 7A: MEMBERS AND POWERS OF THE MEMBERS: SIMMONS CURRENTLY HAS 23 CORPORATORS (THE CORPORATION) AS OF JUNE 30, 2021: 23 MEMBERS OF THE BOARD OF TRUSTEES. THE CORPORATION'S PRIMARY DUTIES ARE TO ELECT ANNUALLY THE TRUSTEE MEMBERSHIP AND AMEND THE SIMMONS' BY-LAWS. |
| FORM 990, PART VI, SECTION A, LINE 7A | SEE EXPLANATION FOR LINE 6A ABOVE. |
| FORM 990, PART VI, SECTION B, LINE 11B | REVIEW OF FORM 990: THE BOARD OF TRUSTEES HAS DELEGATED THE RESPONSIBILITY OF REVIEWING FORM 990 TO THE AUDIT COMMITTEE. THE REVIEW OF THE FORM IS FACILITATED BY THE OUTSIDE PUBLIC ACCOUNTING FIRM THAT PREPARES THE RETURN. THE COMPENSATION SECTIONS OF FORM 990 ARE REVIEWED BY THE COMPENSATION COMMITTEE. BEFORE FILING, FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 PROVIDED TO GOVERNING BODY - THE UNIVERSITY BELIEVES THAT DONOR INFORMATION ON SCHEDULE B IS PRIVATE AND CONFIDENTIAL. AS SUCH, IT HAS PROVIDED A COPY OF FORM 990 TO THE ENTIRE BOARD BUT HAS REDACTED DONORS' NAMES AND ADDRESSES FROM SCHEDULE B. BECAUSE OF THIS DECISION, WE ARE REQUIRED TO ANSWER "NO" TO THE QUESTION ON LINE 11A OF PART VI EVEN THOUGH THE BOARD HAS RECEIVED A COPY OF FORM 990 (EXCEPT FOR DONOR INFORMATION ON SCHEDULE B). THE DONOR INFORMATION ON SCHEDULE B HAS BEEN REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 12C | MONITORING AND ENFORCEMENT OF CONFLICT POLICY: IN ITS CONFLICT OF INTEREST DISCLOSURE FORM, THE UNIVERSITY ASKS ALL TRUSTEES AND OFFICERS TO DECLARE ANY CONFLICT OF INTEREST. COMPLETED CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REVIEWED BY THE GENERAL COUNSEL WHO ALSO SERVES AS THE SECRETARY OF THE BOARD. THE GENERAL COUNSEL PREPARES A WRITTEN REPORT FOR THE AUDIT COMMITTEE WHICH SETS FORTH ALL DISCLOSURES OR COMMENTS MADE BY RESPONDENTS CONCERNING POTENTIAL OR ACTUAL CONFLICTS, AND THAT REPORT IS PRESENTED TO THE AUDIT COMMITTEE, PRESIDENT, AND BOARD CHAIR FOR DISCUSSION AND NECESSARY FOLLOW-UP EACH YEAR. AT A MINIMUM, THOSE WITH CONFLICTS ARE INSTRUCTED TO REFRAIN FROM VOTING ON MATTERS WHERE THERE ARE OR MAY BE PERCEIVED TO BE A CONFLICT AND TO RECUSE THEMSELVES DURING ANY DISCUSSION OF THE ISSUE. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION REVIEW AND APPROVAL: THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE IS GOVERNED BY A DETAILED CHARTER WHICH GRANTS IT JURISDICTION OVER COMPENSATION MATTERS FOR ALL SIMMONS OFFICERS, INCLUDING THE PRESIDENT. THE COMMITTEE'S DECISIONS ARE INFORMED BY THE UNIVERSITY'S SENIOR LEADERSHIP COMPENSATION PHILOSOPHY WHICH REQUIRES THE USE OF COMPARATOR MARKET DATA AND CONSIDERATION OF MEDIAN AND MARKET PERCENTILES WHEN SETTING BASE SALARIES FOR NEW OFFICER HIRES. THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE ALSO REVIEWS THE PERFORMANCE OF SENIOR LEADERS/OFFICERS AGAINST SALARY DATA PREPARED BY EXTERNAL COMPENSATION EXPERTS WHEN CONSIDERING RAISES. THE MEMBERS OF THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE ARE INDEPENDENT OF THE EMPLOYEES FOR WHOM COMPENSATION DECISIONS ARE BEING MADE. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABILITY OF DOCUMENTS: SIMMONS UNIVERSITY'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST TRUSTS 1,854,437. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|
| CHARITABLE REMAINDER TRUST (4) | |||
| CHARITABLE TRUST | MA | SIMMONS UNIVERSITY | Yes (1) |
| CHARITABLE REMAINDER TRUST (1) | |||
| CHARITABLE TRUST | OH | SIMMONS UNIVERSITY | Yes (1) |
| PERPETUAL TRUST(1) | |||
| PERPETUAL TRUST | MA | SIMMONS UNIVERSITY | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
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