METROPOLITAN BRIDGEPORT INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
METROPOLITAN BRIDGEPORT INC (EIN 06-0646936)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-05-16
IRS object ID
202211369349313631
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-16T16:14:26-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN111986323PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARCUM LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1555 LONG WHARF DRIVEAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06511ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN060646936EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1METROPOLITAN BRIDGEPORT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMETRBusinessNameControlTxt
Phone2035764690PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1126 PARK AVE WAHLSTROM LIBRARY7THAddressLine1Txt
CityBRIDGEPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06604ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHANNES VAN DER GIESSENPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2035764690PhoneNum
Signature2022-05-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOHANNESPersonFirstNm
Person LastVAN DER GIESSENPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARY ANTONETTIPreparerPersonNm
PTINP00431862PTIN
Phone2037819600PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name ChangeYes (X)NameChangeInd
Principal OfficerJOHANNES VAN DER GIESSENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1126 PARK AVE WAHLSTROM LIBRARY7THAddressLine1Txt
CityBRIDGEPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06604ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$208,866,140GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://WWW.BRIDGEPORT.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1927FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionMETROPOLITAN UNIVERSITY, INC. (FKA UNIVERSITY OF BRIDGEPORT) (THE UNIVERSITY) OFFERS CAREER ORIENTED UNDERGRADUATE, GRADUATE, AND PROFESSIONAL DEGREES AND PROGRAMS FOR PEOPLE SEEKING PERSONAL AND PROFESSIONAL GROWTH. THE UNIVERSITY PROMOTES ACADEMIC EXCELLENCE, PERSONAL RESPONSIBILITY, AND COMMITMENT TO SERVICE. DISTINCTIVE CURRICULA IN AN INTERNATIONAL, CULTURALLY DIVERSE, SUPPORTIVE LEARNING ENVIRONMENT PREPARE GRADUATES FOR LIFE AND LEADERSHIP IN AN INCREASINGLY INTERCONNECTED WORLD. THE UNIVERSITY IS INDEPENDENT AND NON-SECTARIAN.ActivityOrMissionDesc
Contract TerminationYes (X)ContractTerminationInd
Voting Members Governing Body29VotingMembersGoverningBodyCnt
Voting Members Independent29VotingMembersIndependentCnt
Total Employee1659TotalEmployeeCnt
Total Volunteers29TotalVolunteersCnt
Total Gross UBI$154,752TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$132,752NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,887,781PYContributionsGrantsAmt
CY Contributions Grants$10,566,641CYContributionsGrantsAmt
PY Program Service Revenue$127,489,067PYProgramServiceRevenueAmt
CY Program Service Revenue$103,906,091CYProgramServiceRevenueAmt
PY Investment Income$695,118PYInvestmentIncomeAmt
CY Investment Income-$60,727,504CYInvestmentIncomeAmt
PY Other Revenue$16,327,182PYOtherRevenueAmt
CY Other Revenue$18,344,201CYOtherRevenueAmt
PY Total Revenue$150,399,148PYTotalRevenueAmt
CY Total Revenue$72,089,429CYTotalRevenueAmt
PY Grants And Similar Paid$44,130,797PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$39,436,121CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$52,582,531PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$36,989,436CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,342,498CYTotalFundraisingExpenseAmt
PY Other Expenses$46,929,658PYOtherExpensesAmt
CY Other Expenses$36,642,051CYOtherExpensesAmt
PY Total Expenses$143,642,986PYTotalExpensesAmt
CY Total Expenses$113,067,608CYTotalExpensesAmt
PY Revenues Less Expenses$6,756,162PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$40,978,179CYRevenuesLessExpensesAmt
Total Assets BOY$128,448,654TotalAssetsBOYAmt
Total Assets EOY$20,054,374TotalAssetsEOYAmt
Total Liabilities BOY$74,650,418TotalLiabilitiesBOYAmt
Total Liabilities EOY$8,344,554TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$53,798,236NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$11,709,820NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionMETROPOLITAN UNIVERSITY, INC. (FKA UNIVERSITY OF BRIDGEPORT) (THE UNIVERSITY) OFFERS CAREER ORIENTED UNDERGRADUATE, GRADUATE, AND PROFESSIONAL DEGREES AND PROGRAMS FOR PEOPLE SEEKING PERSONAL AND PROFESSIONAL GROWTH. THE UNIVERSITY PROMOTES ACADEMIC EXCELLENCE, PERSONAL RESPONSIBILITY, AND COMMITMENT TO SERVICE. DISTINCTIVE CURRICULA IN AN INTERNATIONAL, CULTURALLY DIVERSE, SUPPORTIVE LEARNING ENVIRONMENT PREPARE GRADUATES FOR LIFE AND LEADERSHIP IN AN INCREASINGLY INTERCONNECTED WORLD. THE UNIVERSITY IS INDEPENDENT AND NON-SECTARIAN.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$95,337,474ExpenseAmt
Grant$39,436,121GrantAmt
Revenue$104,710,282RevenueAmt
DescON MAY 21, 2021, THE UNIVERSITY OF BRIDGEPORT WAS SOLD TO GOODWIN UNIVERSITY INC. (GOODWIN), A CONNECTICUT NONSTOCK CORPORATION, THE NEW UNIVERSITY OF BRIDGEPORT, INC. (NEW UB), A CONNECTICUT NONSTOCK CORPORATION AND SUBSIDIARY OF GOODWIN UNIVERSITY, AND SOUND EDUCATION, LLC, (PAIER COLLEGE) A CONNECTICUT LIMITED LIABILITY COMPANY FORMED BY PAIER COLLEGE.IN ORDER TO AVOID THE CONFUSION THAT THE NEW UNIVERSITY OF BRIDGEPORT AND THE UNIVERSITY OF BRIDGEPORT MIGHT CAUSE, AND TO EMPHASIZE THAT THE NEW UNIVERSITY OF BRIDGEPORT WOULD CONTINUE TO OFFER MOST OF THE PROGRAMS THAT THE UNIVERSITY OF BRIDGEPORT HAD OFFERED, THE UNIVERSITY OF BRIDGEPORT CHANGED ITS NAME TO METROPOLITAN BRIDGEPORT INC. ON JUNE 28, 2021.THE ONGOING MISSION OF METROPOLITAN BRIDGEPORT INC. CONSISTS OF THE CONDUCT OF WIND DOWN OPERATIONS THAT ARE THE RESPONSIBILITY OF OLD UB WHICH WERE NOT ASSUMED BY GOODWIN, INCLUSIVE OF PHASING OUT CERTAIN RETIREMENT PLANS, SETTLING CERTAIN LIABILITIES, PROCESSING AND PAYING UNEMPLOYMENT BENEFITS INCURRED BY EMPLOYEES OF OLD UB, ENSURING COMPLIANCE WITH CERTAIN TAX FILINGS, PHASING OUT OF REMAINING PERKINS LOANS, TRANSFERRING CONTRACTS THAT GOODWIN WILL MAINTAIN, AND TRANSFERRING NET ASSETS WITH DONOR RESTRICTIONS TO GOODWIN.PRIOR TO THE SALE, THE ORGANIZATION WAS AN INDEPENDENT AND NONSECTARIAN INTERNATIONAL ACADEMIC INSTITUTION. THERE WERE APPROXIMATELY 4,155 STUDENTS FROM 49 STATES, 1 U.S. TERRITORIES AND 51 COUNTRIES ENROLLED FOR THE YEAR ENDED JUNE 30, 2021.Desc
Total Program Service Expenses$95,337,474TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation EasementsYes (1)ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
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 Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
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 MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial LiquidationYes (1)PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document36IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1659EmployeeCnt
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 Members29GoverningBodyVotingMembersCnt
Independent Voting Member29IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
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 FldCTStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MALHAR SHARMA U OF BRIDGEPORTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2035764690PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1126 PARK AVE WALHSTROM LIBRARYAddressLine1Txt
CityBRIDGEPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP066012449ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
DIANE ALLISON ESQ
TRUSTEE1.00Yes (X)$0$0$0
PAUL ANTINOZZI
TRUSTEE1.00Yes (X)$0$0$0
ROBERT L BERCHEM ESQ
CHAIR1.00Yes (X)$0$0$0Yes (X)
SEAN M CARROLL
TRUSTEE1.00Yes (X)$0$0$0
DAVID D'ADDARIO
TRUSTEE1.00Yes (X)$0$0$0
JOAN B DUPONT
TRUSTEE1.00Yes (X)$0$0$0
MARK A FRIES
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
THE HONORABLE JOSEPH P GANIM
TRUSTEE1.00Yes (X)$0$0$0
ABRAHAM I GORDON ESQ
TRUSTEE1.00Yes (X)$0$0$0
CAROL JOHNSON GREEN
TRUSTEE1.00Yes (X)$0$0$0
HERMAN GREEN
TRUSTEE1.00Yes (X)$0$0$0
THOMAS R HAYNES
TRUSTEE1.00Yes (X)$0$0$0
SARA TOWE HORSFALL
TRUSTEE1.00Yes (X)$0$0$0
BARBARA A JAMES
TRUSTEE1.00Yes (X)$0$0$0
MARKUS KARR
TRUSTEE1.00Yes (X)$0$0$0
KI HOON KIM
TRUSTEE1.00Yes (X)$0$0$0
MICHAEL KOLAKOWSKI
TRUSTEE1.00Yes (X)$0$0$0
MICHAEL LABELLA
TRUSTEE1.00Yes (X)$0$0$0
ARTHUR E LANDI
TRUSTEE1.00Yes (X)$0$0$0
KEVIN C LEAHY
TRUSTEE1.00Yes (X)$0$0$0
DAVID K NORTON
TRUSTEE1.00Yes (X)$0$0$0
TERRANCE J O'CONNOR
SECRETARY1.00Yes (X)$0$0$0Yes (X)
SUSAN HECKMAN O'HARA
TRUSTEE1.00Yes (X)$0$0$0
THOMAS O'HARA
TRUSTEE1.00Yes (X)$0$0$0
LAMBERT C SHELL SR
TRUSTEE1.00Yes (X)$0$0$0
BRUCE T SILVERSTONE
TRUSTEE1.00Yes (X)$0$0$0
PHILLIP G SOAIVAN
TRUSTEE1.00Yes (X)$0$0$0
THOMAS G WALSH
TRUSTEE1.00Yes (X)$0$0$0
MARTIN F WOLF ESQ
TRUSTEE1.00Yes (X)$0$0$0
TAREK M SOBH
EVP RESEARCH & ECON DEV (TO 8/31/20)35.00$250,284$0$19,968Yes (X)
MANYUL IM
INTERIM PROVOST35.00$198,809$0$24,910Yes (X)
YUET LEE
VP OF FINANCE AND ADMIN (TO 4/1/21)35.00$288,869$0$41,700Yes (X)
ROBERT SCHMIDT
COO ADMIN & FACILITIES35.00$243,438$0$23,148Yes (X)
KHALED ELLEITHY
ASSOC VP GRAD STUD & RES35.00$219,371$0$23,266Yes (X)
LOUIS IZZI
VP ENROLL MGMT & ATHLETI35.00$213,780$0$11,275Yes (X)
CHRISTOPHER CASSIRER
EXECUTIVE VICE PRESIDENT35.00$213,829$0$9,976Yes (X)
DESI IMETOVSKI
GENERAL COUNSEL35.00$187,671$0$11,887Yes (X)
STEPHEN HEALEY
FORMER INTERIM PRESIDENT35.00$260,908$0$3,926Yes (X)
LAURA SKANDERA TROMBLEY
FORMER PRESIDENT35.00$254,331$0$23,434Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,331,290TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$193,490TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K78IndivRcvdGreaterThan100KCnt
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
C&W FACILITY SERVICES INC
275 GROVE ST SUITE 3-200AUBURNDALEMA024662274BUILDING & GROUNDS MAINTENANCE$3,140,502
SODEXO OPERATIONS
PO BOX 360170PITTSBURGHPA152516000CAMPUS FOOD SERVICES$2,920,269
BBA SOLUTIONS PARNERSHIP GROUP LLC
11300 CANTRALL RD STE 105LITTLE ROCKAK72212STUDENT SERVICES - STUDENT TEXTBOOKS$2,838,226
ARISTE ADVISORS LLC
104 WEST 40TH STREET SUITE 500NEW YORKNY10018FINANCIAL ADVISORY/ CONSULTING SERVICES$1,779,034
SECURITAS SECURITY
2400 COMMERCE AVE BLDG 1100 SUITE 5DULUTHGA30096SECURITY SERVICES$1,486,418
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K37CntrctRcvdGreaterThan100KCnt
Government Grants$9,514,491GovernmentGrantsAmt
All Other Contributions$1,052,150AllOtherContributionsAmt
Noncash Contributions$1,700NoncashContributionsAmt
Total Contributions$10,566,641TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611310$95,919,860$95,919,860
RESIDENCE & MEALS721000$7,091,288$7,091,288
OTHER PROGRAM FEES & REVENUES611710$894,943$894,943
FieldValueIRS element (for citing)
Total Program Service Revenue$103,906,091TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,081TotalRevenueColumnAmt
Exclusion$21,081ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,698TotalRevenueColumnAmt
Exclusion$9,698ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$259,560RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$259,560RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$259,560TotalRevenueColumnAmt
Exclusion$259,560ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$37,517,669SecuritiesAmt
Other$38,510,457OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$36,409,103SecuritiesAmt
Other$100,367,608OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,108,566SecuritiesAmt
Other-$61,857,151OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$60,748,585TotalRevenueColumnAmt
Exclusion-$60,748,585ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
FORGIVENESS OF DEBT900099$17,116,000$17,116,000
MISCELLANEOUS900099$958,943$804,191$154,752
FieldValueIRS element (for citing)
Other Revenue Total$18,074,943OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$72,089,429TotalRevenueColumnAmt
Related Or Exempt Func Income$104,710,282RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$154,752UnrelatedBusinessRevenueAmt
Exclusion-$43,342,246ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$37,751,963TotalAmt
Program Services$37,751,963ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,684,158TotalAmt
Program Services$1,684,158ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$607,614TotalAmt
Program Services$264,600ProgramServicesAmt
Management And General$343,014ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$28,381,330TotalAmt
Program Services$24,314,009ProgramServicesAmt
Management And General$3,311,421ManagementAndGeneralAmt
Fundraising$755,900FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$36,581TotalAmt
Program Services$31,339ProgramServicesAmt
Management And General$4,268ManagementAndGeneralAmt
Fundraising$974FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,469,931TotalAmt
Program Services$3,008,617ProgramServicesAmt
Management And General$2,348,581ManagementAndGeneralAmt
Fundraising$112,733FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,493,980TotalAmt
Program Services$2,114,397ProgramServicesAmt
Management And General$314,491ManagementAndGeneralAmt
Fundraising$65,092FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,060,882TotalAmt
Management And General$1,057,892ManagementAndGeneralAmt
Fundraising$2,990FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$205,317TotalAmt
Management And General$205,317ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$11,781TotalAmt
Management And General$11,781ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$7,306,547TotalAmt
Program Services$5,777,800ProgramServicesAmt
Management And General$1,369,007ManagementAndGeneralAmt
Fundraising$159,740FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$370,542TotalAmt
Program Services$183,964ProgramServicesAmt
Management And General$186,578ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,852,092TotalAmt
Program Services$699,537ProgramServicesAmt
Management And General$4,089,359ManagementAndGeneralAmt
Fundraising$63,196FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,457,721TotalAmt
Program Services$911,461ProgramServicesAmt
Management And General$479,020ManagementAndGeneralAmt
Fundraising$67,240FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$6,402,419TotalAmt
Program Services$5,986,262ProgramServicesAmt
Management And General$352,133ManagementAndGeneralAmt
Fundraising$64,024FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$206,568TotalAmt
Program Services$58,504ProgramServicesAmt
Management And General$146,144ManagementAndGeneralAmt
Fundraising$1,920FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$386,321TotalAmt
Program Services$240,626ProgramServicesAmt
Management And General$144,316ManagementAndGeneralAmt
Fundraising$1,379FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,840,409TotalAmt
Program Services$2,840,409ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$5,752,012TotalAmt
Program Services$5,752,012ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$424,847TotalAmt
Program Services$424,847ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BAD DEBT EXPENSE$1,610,434$1,610,434
NON-CAPITALIZED EQUIPME$1,419,672$335,916$1,079,000$4,756
STUDENT TEACHING$392,175$392,175
MEDICAL SUPPLIES$64,131$64,131

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,878,181TotalAmt
Program Services$890,313ProgramServicesAmt
Management And General$945,314ManagementAndGeneralAmt
Fundraising$42,554FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$113,067,608TotalAmt
Program Services$95,337,474ProgramServicesAmt
Management And General$16,387,636ManagementAndGeneralAmt
Fundraising$1,342,498FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$899BOYAmt
EOY$1,199EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$12,474,224BOYAmt
EOY$12,664,275EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$662,150BOYAmt
EOY$637,629EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,758,305BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$3,468,433BOYAmt
EOY$2,814,529EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$75,526BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$394,189BOYAmt
EOY$225,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$96,977,862BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$10,629,066BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$8,000BOYAmt
EOY$3,711,742EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$128,448,654BOYAmt
EOY$20,054,374EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$10,292,683BOYAmt
EOY$4,628,863EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$4,259,145BOYAmt
EOY$3,715,691EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,910,502BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$53,369,553BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,818,535BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$74,650,418BOYAmt
EOY$8,344,554EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$47,713,795BOYAmt
EOY$5,181,337EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,084,441BOYAmt
EOY$6,528,483EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$53,798,236BOYAmt
EOY$11,709,820EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$128,448,654BOYAmt
EOY$20,054,374EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$40,978,179ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,028,741NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments-$81,496PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
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

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 D IRS990ScheduleD

FieldValueIRS element (for citing)
Historic StructureYes (X)HistoricStructureInd
Total Easements1TotalEasementsCnt
Total Acreage0.74TotalAcreageCnt
Historic Structure Easements1HistoricStructureEasementsCnt
Historic Strctr Easements Aftr1HistoricStrctrEasementsAftrCnt
Modified Easements0ModifiedEasementsCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy Monitoring0WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement10.00StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$0ExpensesIncurredEnforcementAmt
Section170h Rqr Stsfd0Section170hRqrStsfdInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$19,387,016BeginningYearBalanceAmt
Contributions$677,873ContributionsAmt
Investment Earnings Or Losses$101,963InvestmentEarningsOrLossesAmt
Other Expenditures$10,535,834OtherExpendituresAmt
Administrative Expenses$11,790AdministrativeExpensesAmt
End Year Balance$9,619,228EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,284,584BeginningYearBalanceAmt
Contributions$1,143,468ContributionsAmt
Investment Earnings Or Losses$876,859InvestmentEarningsOrLossesAmt
Other Expenditures$7,822,851OtherExpendituresAmt
Administrative Expenses$95,044AdministrativeExpensesAmt
End Year Balance$19,387,016EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$33,949,600BeginningYearBalanceAmt
Contributions$70,000ContributionsAmt
Investment Earnings Or Losses$2,127,240InvestmentEarningsOrLossesAmt
Other Expenditures$10,740,055OtherExpendituresAmt
Administrative Expenses$122,201AdministrativeExpensesAmt
End Year Balance$25,284,584EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$37,272,610BeginningYearBalanceAmt
Investment Earnings Or Losses$2,157,778InvestmentEarningsOrLossesAmt
Other Expenditures$5,314,150OtherExpendituresAmt
Administrative Expenses$166,638AdministrativeExpensesAmt
End Year Balance$33,949,600EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$33,630,153BeginningYearBalanceAmt
Investment Earnings Or Losses$4,435,970InvestmentEarningsOrLossesAmt
Administrative Expenses$793,513AdministrativeExpensesAmt
End Year Balance$37,272,610EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.16510BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.10070PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.73420TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescLEASED EMPLOYEESDesc
Book Value$3,711,742BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,711,742TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$31,612,786TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,028,741NetUnrealizedGainsInvstAmt
Other Revenue-$39,436,121OtherRevenueAmt
Revenue Not Reported-$40,464,862RevenueNotReportedAmt
Revenue Subtotal$72,077,648RevenueSubtotalAmt
Investment Expenses Not Incld$11,781InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$11,781RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$72,089,429TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$73,619,706TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$73,619,706ExpensesSubtotalAmt
Investment Expenses Not Incld2$11,781InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$39,436,121OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$39,447,902ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$113,067,608TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II, LINE 9:THE UNIVERSITY PRESERVES A HISTORIC STRUCTURE. NOTHING IS REPORTED ON THE BALANCE SHEET OR IN THE STATEMENT OF FINANCIAL POSITION.
PART V, LINE 4:ENDOWMENT FUND REVENUE IS USED FOR GENERAL OPERATING SUPPORT UNLESS IT IS RESTRICTED BY THE DONOR FOR A SPECIFIC PURPOSE.
PART X, LINE 2:BELOW IS AN EXCERPT FROM FOOTNOTE 1 OF THE AUDITED FINANCIAL STATEMENTS FOR METROPOLITAN UNIVERSITY, INC. (FKA UNIVERSITY OF BRIDGEPORT) (THE UNIVERSITY). THE UNIVERSITY IS GENERALLY EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE, SECTION 501(A), AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THE UNIVERSITY ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A TWO-STEP APPROACH TO RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS. THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES THAT IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED ON AUDIT, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATION PROCESSES, IF ANY. THE SECOND STEP IS TO MEASURE THE TAX BENEFIT AS THE LARGEST AMOUNT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT. THE UNIVERSITY CLASSIFIES THE LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS CURRENT TO THE EXTENT THAT THE UNIVERSITY ANTICIPATES PAYMENT (OR RECEIPT) OF CASH WITHIN ONE YEAR. INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS ARE RECOGNIZED AND RECORDED AS NECESSARY IN THE PROVISION FOR INCOME TAXES. THE UNIVERSITY ASSESSED UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:GRANTS -39,436,121.
PART XII, LINE 4B - OTHER ADJUSTMENTS:GRANTS 39,436,121.

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 3THE FOLLOWING POLICY APPEARS ON THE WEBSITE FOR METROPOLITAN UNIVERSITY, INC. (FKA UNIVERSITY OF BRIDGEPORT), ADMISSION APPLICATIONS AND CATALOG. THE UNIVERSITY OF BRIDGEPORT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, AGE, SEX, GENDER, SEXUAL ORIENTATION, DISABILITY, MARITAL STATUS, GENETIC INFORMATION, VETERAN STATUS OR GENDER IDENTITY AND GENDER EXPRESSION.
SCHEDULE E, PART I, LINE 6THE ORGANIZATION RECEIVED THE FOLLOWING GOVERNMENT GRANTS FOR SCHOLARSHIPS AND FINANCIAL AID DURING THE YEAR ENDED JUNE 30, 2021: FEDERAL PERKINS LOAN - FEDERAL FEDERAL WORK STUDY - FEDERAL FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT - FEDERAL PELL GRANT - FEDERAL TEACH GRANT - FEDERAL STUDENT SUPPORT SERVICES - FEDERAL TITLE III ADVISING GRANT - FEDERAL ROBERTA B. WILLIS SCHOLARSHIP PROGRAM - STATE HIGHER EDUCATION ENTERPRENEURESHIP GRANT - STATE CONNECTICUT GEAR UP III COVID-19 - HIGHER EDUCATION EMERGENCY RELIEF FUND-STUDENT AID - FEDERAL COVID-19 - HIGHER EDUCATION EMERGENCY RELIEF FUND-INSTITUTIONAL - FEDERAL

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,00GRANTMAKING$285,610
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00GRANTMAKING$455,313
MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT,00GRANTMAKING$114,360
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES00GRANTMAKING$45,360
SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,00GRANTMAKING$118,335
SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,00GRANTMAKING$427,350
SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,00GRANTMAKING$237,830
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$1,684,158SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$1,684,158TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (7 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDesc
SCHOLARSHIPSEAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,25$285,610BOOK
SCHOLARSHIPSEUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU16$455,313BOOK
SCHOLARSHIPSMIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT,4$114,360BOOK
SCHOLARSHIPSNORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES2$45,360BOOK
SCHOLARSHIPSSOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,3$118,335BOOK
SCHOLARSHIPSSOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,32$427,350BOOK
SCHOLARSHIPSSUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,11$237,830BOOK
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott CountriesYes (1)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3:THE EXPENDITURES WERE REPORTED USING THE ACCRUAL METHOD OF ACCOUNTING.
PART III ACCOUNTING METHOD:

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDesc
SCHOLARSHIPS FOR STUDENTS ATTENDING SCHOOL BASED ON FINANCIAL NEED1819$36,582,332BOOK
STUDENTS AWARDED SCHOLARSHIP BASED ON ATHLETIC ABILITY83$1,169,631BOOK

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationEACH GRANT IS ASSIGNED A SEPARATE DEPARTMENT ACCOUNT NUMBER. REPORTS ARE THEN PRINTED WHICH SHOW ALL FUNDS RECEIVED AND DISBURSED. THESE GRANT REPORTS ARE PRINTED ON A MONTHLY BASIS BY THE PERSON RESPONSIBLE FOR THE GRANT. THE ACCOUNTING DEPARTMENT ALSO PRINTS GRANT REPORTS ON A MONTHLY BASIS AS A CHECK THAT DISBURSEMENTS ARE NOT GREATER THAN FUNDS RECEIVED AND THAT FUNDS ARE BEING DISBURSED FOR GRANTS APPROVED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
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 (10 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
YUET LEE
VP OF FINANCE AND ADMIN (TO 4/1/21)$272,715$0$0$0$16,154$0$23,700$0$18,000$0$330,569$0$0$0
LAURA SKANDERA TROMBLEY
FORMER PRESIDENT$185,254$0$0$0$69,077$0$14,250$0$9,184$0$277,765$0$0$0
TAREK M SOBH
EVP RESEARCH & ECON DEV (TO 8/31/20)$189,180$0$28,500$0$32,604$0$5,130$0$14,838$0$270,252$0$0$0
ROBERT SCHMIDT
COO ADMIN & FACILITIES$223,438$0$20,000$0$0$0$2,813$0$20,335$0$266,586$0$0$0
STEPHEN HEALEY
FORMER INTERIM PRESIDENT$260,908$0$0$0$0$0$3,926$0$0$0$264,834$0$0$0
KHALED ELLEITHY
ASSOC VP GRAD STUD & RES$218,310$0$0$0$1,061$0$3,454$0$19,812$0$242,637$0$0$0
LOUIS IZZI
VP ENROLL MGMT & ATHLETI$201,504$0$0$0$12,276$0$3,420$0$7,855$0$225,055$0$0$0
CHRISTOPHER CASSIRER
EXECUTIVE VICE PRESIDENT$189,109$0$12,971$0$11,749$0$2,700$0$7,276$0$223,805$0$0$0
MANYUL IM
INTERIM PROVOST$197,257$0$0$0$1,552$0$2,727$0$22,183$0$223,719$0$0$0
DESI IMETOVSKI
GENERAL COUNSEL$187,164$0$0$0$507$0$2,925$0$8,962$0$199,558$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1BTHE PRESIDENT AND VP OF FINANCE ARE REQUIRED TO LIVE ON CAMPUS AND ARE PROVIDED WITH UNIVERSITY OWNED HOUSING WITHOUT HAVING TO PAY RENT AND IS CONSIDERED AS PART OF THEIR COMPENSATION. HOUSING IS FOR THE CONVENIENCE OF THE UNIVERSITY. THE HOUSING BENEFIT FOR LAURA SKANDERA TROMBLEY WAS $7,350 FOR CALENDAR YEAR 2020. THE HOUSING BENEFIT FOR YUET LEE WAS $18,000 FOR CALENDAR YEAR 2020.
PART I, LINE 4ALAURA SKANDERA TROMBLEY RECEIVED A SEVERANCE PAYMENT OF $32,000.
PART I, LINE 7THE BONUSES REPORTED ON PART II, COLUMN II WERE ONE-TIME PAYMENTS DETERMINED BY THE BOARD.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
PAUL ANTINOZZI
BOARD TRUSTEE$5,000SEE PART V0
MICHAEL KOLAKOWSKI
BOARD TRUSTEE$58,325SEE PART V0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS:FormAndLineReferenceDesc
Explanation(A) NAME OF PERSON: PAUL ANTINOZZI(D) DESCRIPTION OF TRANSACTION: METROPOLITAN UNIVERSITY, INC. (FKA UNIVERSITY OF BRIDGEPORT) ENGAGED ANTINOZZI ASSOCIATES TO PROVIDE ARCHITECTURAL SERVICES. PAUL ANTINOZZI IS THE PRESIDENT OF ANTINOZZI ASSOCIATES.(A) NAME OF PERSON: MICHAEL KOLAKOWSKI(D) DESCRIPTION OF TRANSACTION: METROPOLITAN UNIVERSITY, INC. (FKA UNIVERSITY OF BRIDGEPORT) ENGAGED KBE BUILDING CORPORATION TO PROVIDE CONSTRUCTION SERVICES. MICHAEL KOLAKOWSKI IS THE PRESIDENT AND CEO OF KBE BUILDING CORPORATION.ExplanationTxt

Schedule N IRS990ScheduleN

Disposition Of Assets Detail DispositionOfAssetsDetail (3 entries)

Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDescDistributionDistributionDtFair Market Value Of AssetFairMarketValueOfAssetAmtMethod Of FMV DeterminationMethodOfFMVDeterminationTxtEINEINAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdIRC SectionIRCSectionTxt
GOODWIN UNIVERSITY
UNIVERSITY ASSETS (INCLUDING CASH, A/R, INVENTORY, LAND & IMPR, BLDG & IMPR, FURN & FIXT, EQUIP, VEHICLES)2021-05-21$29,510,457FMV0616278821 RIVERSIDE DRIVEEAST HARTFORDCT06118501(C)(3)
PAIER COLLEGE
UNIVERSITY ASSETS (LAND, BUILDINGS, EQUIPMENT, CONTRACTS AND LEASES)2021-05-21$3,000,000FMV06079786084 IRANISTAN AVENUEBRIDGEPORTCT06604
CITY OF BRIDGEPORT
FIXED ASSETS (LAND, BUILDING, AND EQUIPMENT)2020-07-27$6,000,000FMV45 LYON TERRACEBRIDGEPORTCT06604
FieldValueIRS element (for citing)
Director Of Successor2Yes (1)DirectorOfSuccessor2Ind
Employee Of Successor2Yes (1)EmployeeOfSuccessor2Ind
Owner Of Successor20OwnerOfSuccessor2Ind
Receive Compensation20ReceiveCompensation2Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II, LINE 2E:PERSON(S) INVOLVED: PERSONS INVOLVED: BARBARA A. JAMES, ARTHUR E. LANDI, LAMBERT C. SCHELL, MANYUL IM
PART II, LINE 2E:EXPLANATION OF INVOLVEMENT: THE FOLLOWING INDIVIDUALS WILL BECOME TRUSTEES OF THE TRANSFEREE ORGANIZATION: BARBARA A. JAMES, ARTHUR E. LANDI, AND LAMBERT C. SCHELLTHE FOLLOWING INDIVIDUAL WILL BECOME PROVOST OF THE TRANSFEREE ORGANIZATION: MANYUL IM
PART II, LINE 1:DURING THE YEAR ENDED JUNE 30, 2021, THE MAJORITY OF THE FIXED ASSETS WERE SOLD IN MULTIPLE TRANSACTIONS:CITY OF BRIDGEPORT ON JULY 27, 2020, THE UNIVERSITY SOLD LAND BUILDING AND EQUIPMENT TO THE CITY OF BRIDGEPORT.GOODWIN UNIVERSITY & PAIER COLLEGE - GOODWIN UNIVERSITY AND PAIER COLLEGE ARE TWO UNRELATED ORGANIZATIONS. ON JUNE 22, 2021, THE BUYERS ASSUMED ALL FIXED ASSETS OF THE UNVIERSITY INCLUDING CASH, ACCOUNTS RECEIVABLE, INVENTORY, LAND, LAND IMPROVEMENTS, BUILDING & BUILDING IMPROVEMENTS, FURNITURE, FIXTURES AND VEHICLES.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 3ON MAY 21, 2021, THE UNIVERSITY OF BRIDGEPORT WAS SOLD TO GOODWIN UNIVERSITY INC. (GOODWIN), A CONNECTICUT NONSTOCK CORPORATION, THE NEW UNIVERSITY OF BRIDGEPORT, INC. (NEW UB), A CONNECTICUT NONSTOCK CORPORATION AND SUBSIDIARY OF GOODWIN UNIVERSITY, AND SOUND EDUCATION, LLC, (PAIER COLLEGE) A CONNECTICUT LIMITED LIABILITY COMPANY FORMED BY PAIER COLLEGE. IN ORDER TO AVOID THE CONFUSION THAT THE NEW UNIVERSITY OF BRIDGEPORT AND THE UNIVERSITY OF BRIDGEPORT MIGHT CAUSE, AND TO EMPHASIZE THAT THE NEW UNIVERSITY OF BRIDGEPORT WOULD CONTINUE TO OFFER MOST OF THE PROGRAMS THAT THE UNIVERSITY OF BRIDGEPORT HAD OFFERED, THE UNIVERSITY OF BRIDGEPORT CHANGED ITS NAME TO METROPOLITAN BRIDGEPORT INC. ON JUNE 28, 2021. THE ONGOING MISSION OF METROPOLITAN BRIDGEPORT INC. CONSISTS OF THE CONDUCT OF WIND DOWN OPERATIONS THAT ARE THE RESPONSIBILITY OF OLD UB WHICH WERE NOT ASSUMED BY GOODWIN, INCLUSIVE OF PHASING OUT CERTAIN RETIREMENT PLANS, SETTLING CERTAIN LIABILITIES, PROCESSING AND PAYING UNEMPLOYMENT BENEFITS INCURRED BY EMPLOYEES OF OLD UB, ENSURING COMPLIANCE WITH CERTAIN TAX FILINGS, PHASING OUT OF REMAINING PERKINS LOANS, TRANSFERRING CONTRACTS THAT GOODWIN WILL MAINTAIN, AND TRANSFERRING NET ASSETS WITH DONOR RESTRICTIONS TO GOODWIN.
FORM 990, PART VI, SECTION A, LINE 2CAROL JOHNSON GREEN AND HERMAN GREEN ARE MARRIED. SUSAN HECKMAN O'HARA AND THOMAS M. O'HARA ARE MARRIED.
FORM 990, PART VI, SECTION A, LINE 4ON MAY 21, 2021, THE UNIVERSITY OF BRIDGEPORT WAS SOLD TO GOODWIN UNIVERSITY INC. (GOODWIN), A CONNECTICUT NONSTOCK CORPORATION, THE NEW UNIVERSITY OF BRIDGEPORT, INC. (NEW UB), A CONNECTICUT NONSTOCK CORPORATION AND SUBSIDIARY OF GOODWIN UNIVERSITY, AND SOUND EDUCATION, LLC, (PAIER COLLEGE) A CONNECTICUT LIMITED LIABILITY COMPANY FORMED BY PAIER COLLEGE. IN ORDER TO AVOID THE CONFUSION THAT THE NEW UNIVERSITY OF BRIDGEPORT AND THE UNIVERSITY OF BRIDGEPORT MIGHT CAUSE, AND TO EMPHASIZE THAT THE NEW UNIVERSITY OF BRIDGEPORT WOULD CONTINUE TO OFFER MOST OF THE PROGRAMS THAT THE UNIVERSITY OF BRIDGEPORT HAD OFFERED, THE UNIVERSITY OF BRIDGEPORT CHANGED ITS NAME TO METROPOLITAN BRIDGEPORT INC. ON JUNE 28, 2021. THE ORGANIZATION FILED WITH THE STATE OF CONNECTICUT A CERTIFICATE OF AMENDMENT TO THE ARTICLES OF INCORPORATION CHANGING THE NAME FROM UNIVERSITY OF BRIDGEPORT TO METROPOLITAN BRIDGEPORT, INC.
FORM 990, PART VI, SECTION B, LINE 11BA COMPLETED COPY OF FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF ITS GOVERNING BODY BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE TRUSTEES COMPLETE THE DISCLOSURE WHICH IS REVIEWED BY TRUSTEES OR A COMMITTEE THEREOF, AND WHO DECIDE WHETHER A CONFLICT EXISTS AND IF SO WHAT ACTION SHOULD BE TAKEN.
FORM 990, PART VI, SECTION B, LINE 15CFO COLLECTS COMPARABLE COMPENSATION DATA RELATING TO NON-PROFIT UNIVERSITIES IN SIMILAR NON-PROFIT UNIVERSITIES. THE BOARD OF TRUSTEES COMPENSATION COMMITTEE USES THE DATA TO DETERMINE THE COMPENSATION FOR THE CEO AND PRINCIPAL UNIVERSITY OFFICERS. MINUTES OF THE COMMITTEE ACTIVITIES ARE MAINTAINED. THE CEO AND PRINCIPAL UNIVERSITY OFFICERS DETERMINE THE COMPENSATION FOR THE OTHER OFFICERS AND KEY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANIZATION MAKES AVAILABLE ITS FORMS 990 AND 990-T UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS FOR PUBLIC INSPECTION UPON REQUEST, AT ITS ADMINISTRATIVE OFFICES IN BRIDGEPORT, CONNECTICUT.
FORM 990, PART XI, LINE 2C:USED SAME PROCESS AS PRIOR YEAR.

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