2022-05-12T05:29:58-07:00 2021-06-30 990 2020-07-01 980072997 JOHN CABOT UNIVERSITY JOHN 8664576160 233 Via della Lungara Rome IT 00165 Franco Pavoncello President 8664576160 2022-05-12 1 11 0 AAL2 2020 2022-09-23 18:48:47Z Franco Pavoncello 233 Via della Lungara Rome IT 00165 21914757 0 X www.johncabot.edu X 1972 DE Higher Education - Bachelor and Master degrees - accredited by the Middle States Commission on Higher Education 29 29 370 0 0 0 1317538 1836492 40338955 20027118 226139 51147 0 0 41882632 21914757 8548154 6031434 0 0 15253498 12996486 70855 46731 106030 17009753 13186651 40882260 32261302 1000372 -10346545 55354079 50136989 15575410 14732065 39778669 35404924 CO-EDUCATIONAL LIBERAL ARTS & SCIENCES EDUCATION 0 0 27142639 0 20078265 JCU OFFERS AN AMERICAN FOUR-YEAR UNDERGRADUATE UNIVERSITY EDUCATION IN ENGLISH IN ITALY ONLY. JCU PROVIDED ASSISTANCE TO STUDENTS VIA 679 SCHOLARSHIPS. JCU SUPPORTED 45 AMBASSADORS PER SEMESTER DURING THE 2020-2021 SCHOOL YEAR. 0 0 0 27142639 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 11 0 0 370 1 0 1 IT 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 DE X FRANCO PAVONCELLO 8664576160 233 Via della Lungara Rome RM IT 00165 TOTAL SUMMARY 38 0 X X 806480 0 61620 Sal Salibello Chairman, Board of Trustees 2 X 0 0 0 Stefano Acunto Institutional Trustee 2 X 0 0 0 Rosemary Alito Institutional Trustee 2 X 0 0 0 Ali Reza Arabnia Institutional Trustee 2 X 0 0 0 Vivian Cardia Institutional Trustee 2 X 0 0 0 William A Cavendish Institutional Trustee 2 X 0 0 0 Frank J Desiderio Vice Chairman, Board of Trustees 2 X 0 0 0 John T Dunlap Institutional Trustee 2 X 0 0 0 Frank Fekete Institutional Trustee 2 X 0 0 0 Kristin Frohring KushlanFinkelstein Institutional Trustee 2 X 0 0 0 Paula Frohring Institutional Trustee 2 X 0 0 0 Angelo J Genova Institutional Trustee 2 X 0 0 0 Lucio Ghia Institutional Trustee 2 X 0 0 0 Frank J Guarini Institutional Trustee 2 X 0 0 0 Regina A Lee Institutional Trustee 2 X 0 0 0 William J Martini Institutional Trustee 2 X 0 0 0 Carol M Maurer Institutional Trustee 2 X 0 0 0 Amalia Mazzolin Institutional Trustee 2 X 0 0 0 John Meditz Institutional Trustee 2 X 0 0 0 Benjamin A Pace III Institutional Trustee 2 X 0 0 0 Joseph A Panepinto Sr Institutional Trustee 2 X 0 0 0 Portia Anne Prebys Vice Chairman, Board of Trustees 2 X 0 0 0 Ruth Rabb Institutional Trustee 2 X 0 0 0 Robert Robotti Institutional Trustee 2 X 0 0 0 Braden Smith Institutional Trustee 2 X 0 0 0 Angelo Vivolo Institutional Trustee 2 X 0 0 0 Frederick Vreeland Institutional Trustee 2 X 0 0 0 Richard Joseph Wolff Institutional Trustee 2 X 0 0 0 Franco Pavoncello President 38 X 0 0 0 Mary P Merva Vice President & Dean for Academic Affairs 38 X 0 0 0 Jose B Alvarez Vice President for Strategic Initiatives and Operations 38 X 0 0 0 Stefano Curcuruto Director of Finance 38 X 0 0 0 Antonella Salvatore Executive Manager, Center for Professional and Continuing Education and Career Services 38 X 0 0 0 806480 0 61620 5 0 1 0 ICTSItalia Srl Piazza della liberta 10 Roma IT 00192 Security 444052 Ediltecnico Restauri SRLS Via dei Carraresi 18 Roma IT 00100 Construction 313844 Mamy Inc 2666 Tigertail Avenue Suite 106 Miami FL 33133 Software House 161803 klean Soc Cop Via Siria 24 Roma IT 00179 Cleaning 156840 4 0 0 0 0 0 1836492 0 1836492 Tuition and Fees 611310 18057950 18057950 0 0 Housing and Meal Plan 611310 1519504 1519504 0 0 Other Services To Students 611310 449664 449664 0 0 0 0 0 0 20027118 51147 51147 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21914757 20078265 0 0 0 0 0 0 6031434 6031434 0 0 868099 222511 586289 59299 0 0 0 0 10033112 8026489 2006623 0 32418 25935 6483 0 0 0 0 0 2062857 1650286 412571 0 272690 54538 218152 0 68246 13649 54597 0 128062 38419 89643 0 0 0 0 0 46731 46731 0 0 0 0 0 0 0 0 755956 680360 75596 0 931264 465632 465632 0 603191 542872 60319 0 0 0 0 0 2427562 1942050 485512 0 0 0 0 0 0 0 0 0 159423 127538 31885 0 134209 120788 13421 0 0 0 0 0 2363284 1890627 472657 0 166265 133012 33253 0 Auxiliary Expenses 419742 419742 0 0 Housing and Meal Plan Expenses 3435846 3435846 0 0 Student Services Expenses 499959 499959 0 0 Instructional Expenses 334916 334916 0 0 486036 486036 0 0 32261302 27142639 5012633 106030 24982335 13117130 873146 6734846 0 0 687389 531496 0 0 0 0 0 0 0 0 2704402 2947026 34894253 15376613 20039983 19517640 6066824 7288851 0 0 0 0 0 0 0 0 55354079 50136989 7633638 5322294 0 0 807717 2079491 0 0 0 0 0 0 4588492 4444722 0 0 2545563 2885558 15575410 14732065 X 33384488 28076398 6394181 7328526 39778669 35404924 55354079 50136989 X -10346545 2980351 0 0 0 2992449 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6066824 0 1222027 0 0 0 7288851 5591069 0 475755 0 0 0 6066824 5103172 0 487897 0 0 0 5591069 4366997 0 836175 100000 0 0 5103172 4013316 0 353681 0 0 0 4366997 0.83 0.17 0 0 0 2411442 0 2411442 12690754 0 1929201 10761553 0 9526333 5388722 4137611 0 5280122 4758633 521489 0 4985602 3300057 1685545 19517640 0 Fund for deferred compensation (TFR) 2885558 2885558 15016522 0 0 49887 0 49887 14966635 0 6948122 6948122 21914757 25743834 0 0 0 0 0 25743834 0 6517468 6517468 32261302 Schedule D, Part V, Line 4 Fund scholarships for students Schedule D, Part XI, Line 4b USD 916,688 contribution to partially restricted funds; USD 6,031,434 expenses netted against revenues (Scholarships and other reductions) Schedule D, Part XII, Line 4b USD 6,031,434 expenses netted against revenues (Scholarships and other reductions); USD 486,036 foreign currency translation loss on operations 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 JCU has published a non-discriminatory policy in the viewbook, catalogue, website and application form. Schedule E, Part I, Line 4 The question is optional on the student application and not always answered. We do not collate the data,neither we have/keep racial records in our accounting/management system for faculty and staff. Schedule E, Part I, Line 6 JCU participates in US Federal Direct Loan programs including Subsidized, Unsubsidized and PLUS loans. JCU participates in Veterans Post 9/11 GIBILL benefits program. 1 Europe (including Iceland and Greenland) 1 362 Program Services Daily operations of the University 31986251 1 362 31986251 Scholarships to Italian students Europe (including Iceland and Greenland) 280 2299960 credit student account 0 book Scholarships to US students Europe (including Iceland and Greenland) 189 1352362 credit student account 0 book Scholarships to students of other countries Europe (including Iceland and Greenland) 210 1527881 credit student account 0 book 0 0 0 0 0 0 Schedule F, Part I, Line 2 JOHN CABOT UNIVERSITY USES A DATABASE SOFTWARE TO MONITOR FINANCIAL AID. POTENTIAL FINANCIAL AID RECIPIENTS COMPLETE APPLICATIONS FOR VARIOUS FORMS OF FINANCIAL ASSISTANCE. THE FINANCIAL AID OFFICE REVIEWS THE APPLICATIONS AND SUPPORTING DOCUMENTS, AND AWARDS AID BASED ON ACADEMIC MERIT AND/OR FINANCIAL NEED. THE FINANCIAL AID OFFICE VERIFIES THAT OTHER REQUIREMENTS ARE MET INCLUDING GPA, CREDIT HOURS, ACADEMIC STANDING AND ENROLLMENT STATUS. FINANCIAL AID RECIPIENTS ARE NOTIFIED OF THE TYPE AND AMOUNT OF THEIR AID AWARD. EACH SEMESTER THE AWARD IS CREDITED TO THE STUDENT ACCOUNT. X X X X X 1 Thomas Fike 100 Willoughby Street 9M Brooklyn NY 11201 Fundraising 0 0 85880 -85880 0 85880 -85880 All States X X X 0 0 0 0 0 0 0 0 0 TOTAL SUMMARY 806480 0 0 0 61620 0 0 0 0 0 868100 0 0 0 Schedule J, Part II We have not provided details concerning compensation due to Italian privacy law concerns and GDPR. Form 990, Part V, Line 2a The total number of US employees that received a W2 form is 19, the total number of non US employees not reported with the W3 form is 351 as they received the Italian tax form (CU) and therefore do not need to report their earnings in the US. Form 990, Part VI, Section A, Line 8b Minutes are taken. Form 990, Part VI, Section B, Line 11b The policy on COI is not available to the public, but only to employees of the organization, the Board of Trustees and auditors. Form 990, Part VI, Section B, Line 12c The policy on conflict of interest is specified in the employment manual. To avoid a COI the university has a separation of duties and powers and a proper bidding process for purchases exceeding a specific dollar amount. Form 990, Part VI, Section B, Line 15 Details have been included in schedule O. Form 990, Part VI, Section C, Line 19 A copy of the form 990 was not provided to the university's Board of Trustees prior to filing. The Director of Finance reviews it with the President, who signs the return prior to filing. JCU has established a Conflict of Interest policy which has been reviewed and approved by the Board of Trustees. While JCU's Board of Trustees is not currently required to sign an annual statement that they are free from conflicts of interest, as part of their position on the Board they are expected to disclose to the university and the remainder of the Board participation in any activities or circumstances that may present a conflict of interest as soon as they become aware of it. JCU does not make its governing documents, conflict of interest policy or financial statements available to the public. The salary of the President has been decided by a Board Commitee. The salary of the Directors and key employees is decided by the President. The company philosophy is to match the market on average pay, identifying the median. Form 990, Part XI, Line 9 The difference of USD 2,992,449 in change in net assets is due to the EUR recalculation of the assets at the June 30 2021 exchange rate. Late filing due to late audit