2022-05-14T16:54:04-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2020-07-01 510305893 DELAWARE STATE UNIVERSITY DELA 3028576200 1200 NORTH DUPONT HIGHWAY DOVER DE 19901 ANAS BEN ADDI CHIEF FINANCIAL OFFICER 3028576200 2022-05-12 1 ANAS BEN ADDI 999009999 CONNIE M LIRA P00481097 2156433900 2022-05-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ANAS BEN ADDI 1200 NORTH DUPONT HIGHWAY DOVER DE 19901 215739499 0 X WWW.DESU.EDU X 1891 DE DELAWARE STATE UNIVERSITY IS A PUBLIC INSTITUTION THAT OFFERS OPPORTUNITY TO DIVERSE POPULATIONS. 14 13 2033 18 0 0 97785420 126708134 86916989 84252855 349735 635717 1205144 1318827 186257288 212915533 33572725 46695778 0 0 84986984 93903646 0 0 527861 55549390 62023848 174109099 202623272 12148189 10292261 387106418 471247109 482795098 552832632 -95688680 -81585523 X DELAWARE STATE UNIVERSITY IS A PUBLIC, COMPREHENSIVE, 1890 LAND-GRANT INSTITUTION THAT OFFERS ACCESS AND OPPORTUNITY TO DIVERSE POPULATIONS FROM DELAWARE, THE NATION, AND THE WORLD. (CONTINUED ON SCHEDULE O.)BUILDING ON ITS HERITAGE AS A HISTORICALLY BLACK COLLEGE, THE UNIVERSITY PURPOSEFULLY INTEGRATES THE HIGHEST STANDARDS OF EXCELLENCE IN TEACHING, RESEARCH, AND SERVICE IN ITS BACCALAUREATE, MASTER'S AND DOCTORAL PROGRAMS. ITS COMMITMENT TO ADVANCE SCIENCE, TECHNOLOGY, LIBERAL ARTS, AND THE PROFESSIONS PRODUCES CAPABLE AND PRODUCTIVE LEADERS WHO CONTRIBUTE TO THE SUSTAINABILITY AND ECONOMIC DEVELOPMENT OF THE GLOBAL COMMUNITY VISION STATEMENT. AS ONE OF AMERICA'S MOST HIGHLY RESPECTED HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, DELAWARE STATE UNIVERSITY WILL BE RENOWNED FOR A STANDARD OF ACADEMIC EXCELLENCE THAT PREPARES OUR GRADUATES TO BECOME THE FIRST CHOICE OF EMPLOYERS IN A GLOBAL MARKET AND INVIGORATES THE ECONOMY AND THE CULTURE OF DELAWARE AND THE MID-ATLANTIC REGION. 0 0 115098142 46695778 67789465 DELAWARE STATE UNIVERSITY IS A PREEMINENT INSTITUTION OF HIGHER LEARNING THAT PROVIDES A LIBERAL ARTS EDUCATION. SOME STATISTICS ABOUT THE UNIVERSITY, AT A GLANCE: 46 UNDERGRADUATE DEGREE PROGRAMS, 21 MASTER'S DEGREE PROGRAMS, AND 6 DOCTORAL DEGREE PROGRAMS, ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, AS WELL AS ACCREDITED OR APPROVED BY NINE SPECIALIZED ACADEMIC ACCREDITING AGENCIES. WILLIAM C. JASON LIBRARY INCLUDES A COLLECTION OF 254,909 PRINTED VOLUMES, 103 ELECTRONIC DATABASES, 29,992 ELECTRONIC JOURNALS, 332,340 ELECTRONIC BOOKS, ACCESS TO 4,620 STREAMING-MEDIA CONTENT, FOR A TOTAL HOLDING OF 636,449 PUBLICATIONS. FACULTY PROFILE: 234 FACULTY MEMBERS WITHIN 17 ACADEMICS DEPARTMENTS. 196 FACULTY MEMBERS POSSESS A PHD OR A TERMINAL DEGREE (TERMINAL MASTERS OF FLIGHT CAPTAIN). (CONTINUED ON SCH O.)THE STUDENT-TO-FACULTY RATIO IS 16:1. TOTAL ENROLLMENT IS 5,649 - 79% FULL-TIME, 21% PART-TIME, 45% LIVE ON CAMPUS, 55% COMMUTE. THE TOP PROGRAMS BASED ON DEGREES AWARDED ARE: PSYCHOLOGY, MASS COMMUNICATION, CRIMINAL JUSTICE, MANAGEMENT, BIOLOGY, AND SOCIAL WORK. 23825600 0 2873942 THE MISSION OF THE OFFICE OF THE ASSOCIATE PROVOST FOR RESEARCH (OAPR) IS "TO PROVIDE THOSE INDIVIDUALS WHO ARE ADMITTED QUALITY RESEARCH OPPORTUNITIES AND EXPERIENCES THAT ARE CONSISTENT WITH THE OVERALL UNIVERSITY COMMITMENT." THE RESEARCH DIVISION IS ALSO RESPONSIBLE FOR MAINTAINING AN INFRASTRUCTURE WITHIN A SUPPORTIVE ENVIRONMENT THAT ENCOURAGES BOTH FACULTY AND STUDENTS TO PRODUCE RESEARCH WITH RESULTS THAT ARE MAKING OUR WORLD BETTER EVERY DAY. PRESTIGIOUS RESEARCH PROJECTS UNDERWAY BY DWU FACULTY MEMBERS SERVE TO ENHANCE DSU'S LAND-GRANT MISSION AND ITS CONTRIBUTIONS TO THE NATION'S RESEARCH EFFORTS. DSU WAS AWARDED A $10.5 MILLION RESEARCH GRANT THAT WILL FUND THE ESTABLISHMENT OF THE DELAWARE CENTER FOR NEUROSCIENCE RESEARCH. (CONTINUED ON SCH O.)A NEW STATE-OF-THE ART OPTICAL SCIENCE CENTER FOR APPLIED RESEARCH (OSCAR) WILL BE THE NEW HOME FOR THE UNIVERSITY'S PROLIFIC OPTICS PROGRAM. 6216369 0 13495575 AUXILIARY ENTERPRISES: THE SCHOOL UNDERTAKES A NUMBER OF ACTIVITIES TO BENEFIT THE STUDENT BODY, INCLUDING OPERATING HOUSING (DORMITORY) COMPLEXES, A CAFETERIA, CAMPUS BOOK STORE, VENDING MACHINES, AND OTHER INCIDENTALS NECESSARY TO CAMPUS LIFE. THESE ACTIVITIES MIGHT ALSO INCLUDE STUDENT SERVICES, INSTITUTIONAL SUPPORT, ACADEMIC SUPPORT, PUBLIC SERVICE, AND OTHER SERVICES. 145140111 1 1 0 0 0 0 1 1 0 1 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 5124 0 2033 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 DE X ANAS BEN ADDI 3028576200 1200 NORTH DUPONT HIGHWAY DOVER DE 19901 ANTOINE ALLEN PRESIDENT 60.00 0.00 X X 407771 0 12737 VITA PICKRUM VP ADVANCEMENT 60.00 0.00 X 209782 0 18459 SAUNDRA DE LAUDER ASSOCIATE PROVOST 60.00 0.00 X 244992 0 20902 MICHAEL CASSON PROFESSOR 60.00 0.00 X 232900 0 8204 ANTOINO BOYLE VP FOR STRATEGIC ENROLLMENT 60.00 0.00 X 223495 0 12737 DAVID GINES ATHLETIC DIRECTOR 60.00 0.00 X 226517 0 9081 CLEON CAULEY CHIEF OPERATING OFFICER 60.00 0.00 X 219231 0 14060 IRENE CHAPMAN-HAWKINS VP FOR HUMAN RESOURCES 60.00 0.00 X 208690 0 22332 DYREMPLE MARSH ACADEMIC DEAN 60.00 0.00 X 202444 0 27764 ROB SCHROF INTERNAL AUDITOR 60.00 0.00 X 215976 0 8264 STACY DOWNING VP FOR STUDENT AFFAIRS 60.00 0.00 X 210487 0 8264 AKASH DANIA ASSOCIATE PROFESSOR 60.00 0.00 X 174705 0 37718 YOUNGSIK KWAK ASSOCIATE DEAN BUSINESS 60.00 0.00 X 192900 0 17149 STEVEN NEWTON PROFESSOR 60.00 0.00 X 176992 0 23076 LAKRESHA MOULTRIE LEGAL 60.00 0.00 X 185004 0 13741 HERMAN WOOD ASSOCIATE VP 60.00 0.00 X 168309 0 15005 DARRELL MCMILLON CHIEF INFORMATION OFFICER 60.00 0.00 X 167067 0 5165 DEVONA E WILLIAMS BOARD CHAIR 11.00 4.00 X X 0 0 0 JOHN RIDGEWAY BOARD VICE CHAIR 15.00 0.00 X X 0 0 0 JOHN J ALLEN JR TRUSTEE 5.00 0.00 X 0 0 0 JOHN CARNEY TRUSTEE 5.00 0.00 X 0 0 0 MICHAEL N CASTLE TRUSTEE 5.00 0.00 X 0 0 0 NORMAN GRIFFITHS TRUSTEE 5.00 0.00 X 0 0 0 LOIS M HOBBS TRUSTEE 5.00 0.00 X 0 0 0 JACK MARKELL TRUSTEE 5.00 0.00 X 0 0 0 HAROLD STAFFORD TRUSTEE 5.00 0.00 X 0 0 0 JOCELYN STEWART TRUSTEE 3.00 2.00 X 0 0 0 LEROY A TICE TRUSTEE 5.00 0.00 X 0 0 0 MARGIE LOPEZ WAITE TRUSTEE 5.00 0.00 X 0 0 0 BERNADETTE DORSEY WHATLEY TRUSTEE 5.00 0.00 X 0 0 0 3667262 0 274658 21 0 1 0 CHF - DOVER LLC 409 JOHNSON AVE FAIRHOPE AL 36542 PROFESSIONAL SERVICES 6263590 ARAMARK CORPORATION PO BOX 7548 PHILADELPHIA PA 19101 FOOD SERVICE 4716112 ELLUCIAN COMPANY LP 14083 COLLECTIONS CENTER DR CHICAGO IL 60693 INFORMATION TECHNOLOGY SERVICES 3027050 APPLE COMPUTER INC PO BOX 65279 CHARLOTTE NC 28265 INFORMATION TECHNOLOGY SERVICES 1158674 FISHER SCIENTIFIC COMPANY LLC 3970 JOHNS CREEK CT SUWANEES GA 30024 LAB EDUCATION SERVICES 1053764 59 103909986 22798148 126708134 TUITION AND FEES 611710 67789465 67789465 AUXILIARY ENTERPRISES 611710 13495575 13495575 ATHLETIC REVENUES 611710 431283 431283 SALES & SERVICE OF ED DEPTS 611710 100319 100319 COMMISSIONS 611710 93873 93873 2342340 2342340 84252855 504533 504533 2955150 2823966 131184 131184 131184 SERVICE CONCESSION 900099 1318827 1318827 1318827 212915533 84158982 0 2048417 8303343 8303343 38392435 38392435 4522957 2307768 2215189 54707614 39419386 14968958 319270 20128948 12763331 7288583 77034 9205132 6189782 2959275 56075 5338995 3772224 1537202 29569 990193 990193 129476 483 128993 41043 41043 11187732 9231943 1929341 26448 485946 42350 443596 1586531 395535 1188407 2589 4528549 725594 3795694 7261 515332 74214 441118 413550 317321 94861 1368 174678 170332 3148 1198 3298251 3298251 10059497 10059497 2107709 1140485 967224 REPAIRS AND MAINTENANCE 14544528 8775318 5769210 FOOD SERVICE 4749398 82499 4666899 UTILITIES 3967822 3347 3964475 INSTRUCTIONAL SUPPLIES 3243613 2972924 263640 7049 202623272 145140111 56955300 527861 21000683 45904137 4159894 4162780 4789744 12177095 1473229 1855131 485356299 184380727 296588483 300975572 10804119 14994215 6033420 6222239 12382013 16779718 29874833 68176222 387106418 471247109 23624103 43627584 6286181 14122414 107916549 103872878 344968265 391209756 482795098 552832632 X -108500151 -93327813 12811471 11742290 -95688680 -81585523 387106418 471247109 10292261 3810896 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 2 0.00 1 1 0 1 0 0.00 0 1 X 0 8581321 7708757 845162 395640 16739600 8400409 212003 281026 312117 8581321 14852965 162655 866186 7300000 181397 8400409 14276944 44185 966247 434411 14852965 12981120 115411 1602940 422526 14276945 0.44000 0.36000 0.20000 0 1 1 13680648 13680648 304073472 110247789 193825683 25997826 16937871 9059955 66218054 50577141 15640913 75386299 6617926 68768373 300975572 DEFERED OUTFLOWS RELATED TO OPEB (OTHER POSTEMPLOYMENT BENEFITS) 54339253 DEFERED OUTFLOWS RELATED TO PENSION 13196733 DEFERRED LOSS ON REFUNDING 640236 68176222 NET PENSION LIABILITY 33616172 NET OPEB LIABILITY 243042539 DEFERED INFLOWS RELATED TO PENSION 6737669 DEFERED INFLOWS RELATED TO OPEB 36813262 DEFERED INFLOWS RELATED TO GRANTS 2909270 SERVICE CONCESSION ARRANGEMENT 65640718 CAPITAL LEASE OBLIGATION 2450126 391209756 X 191229007 3810896 3810896 187418111 41043 25456379 25497422 212915533 177125850 0 177125850 41043 25456379 25497422 202623272 PART II, LINE 9: THE UNIVERSITY DOES NOT REPORT ITS CONSERVATION EASEMENTS IN ITS REVENUE AND EXPENSE STATEMENT OR ITS BALANCE SHEET. ADDITIONALLY, THERE IS NO FOOTNOTE IN THE UNIVERSITY'S FINANCIAL STATEMENTS DESCRIBING THE FACT THAT THERE IS NO ACCOUNTING FOR SUCH EASEMENTS. PART III, LINE 1A: ITEMS IN THE COLLECTION INCLUDE, BUT ARE NOT LIMITED TO, BOOKS AND RARE PLANT SPECIMENS. THE COLLECTION IS NOT CONSIDERED MATERIAL TO THE AUDITED FINANCIAL STATEMENTS, AND AS SUCH THERE IS NO FOOTNOTE ADDRESSING THE COLLECTION. THE ORGANIZATION HAS ELECTED, AS PERMITTED UNDER FASB ASC 958, NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE. PART III, LINE 4: THE UNIVERSITY MAINTAINS A RARE COLLECTION OF PLANT SPECIMENS DATING BACK TO THE MID TO LATE 1800'S. THIS COLLECTION IS HOUSED IN THE UNIVERSITY HERBARIUM AND USED AS PART OF THE ONGOING LAND GRANT MISSION IN EDUCATING AND CLASSIFICATION OF PLANTS OF THE AMERICA'S. PART V, LINE 4: INTENDED USES OF THE UNIVERSITY'S ENDOWMENT FUNDS IS TO OFFER STUDENT SCHOLARSHIPS AND SUPPORT ACADEMIC PROGRAMS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FOR FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS RECOGNIZED AS SUCH BY THE INTERNAL REVENUE SERVICE. THE PROVISIONS INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECT TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITION AS OF JUNE 30, 2021, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 25,456,379. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 25,456,379. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL MEDIA ADVERTISING AND BROCHURES ISSUED BY THE UNIVERSITY CONTAIN A STATEMENT OF THE UNIVERSITY'S NON-DISCRIMINATION POLICY. IN ADDITION, THE POLICY IS PROVIDED ON THE UNIVERSITY'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY PARTICIPATES IN FEDERALLY FUNDED PELL GRANTS, SEOG GRANTS, FEDERAL WORK-STUDY, AND PERKINS LOAN PROGRAMS. FEDERAL PROGRAMS ARE AUDITED IN ACCORDANCE WITH THE SINGLE AUDIT ACT AMENDMENTS OF 1996, THE U.S. OFFICE OF MANAGEMENT AND BUDGET REVISED UNIFORM GRANT GUIDANCE, AUDIT OF STATES, LOCAL GOVERNMENTS AND NON-PROFIT ORGANIZATIONS, AND THE COMPLIANCE SUPPLEMENT. 1 DELAWARE STATE UNIVERSITY FOUNDATION INC 1200 NORTH DUPONT HIGHWAY DOVER DE 19901 201372435 501(C)(3) 7500000 0 EDUCATION NORTHWESTERN UNIVERSITY CENTER FOR PUBLIC SAFETY EVANSTON IL 60201 362167817 501(C)(3) 115804 0 EDUCATION STATE OF MARYLAND BOWIE STATE UNIVERSITY BOWIE MD 20715 526002033 501(C)(3) 56830 0 EDUCATION UNIVERSITY OF ARKANSAS AT PINE BLUFF 1200 NORTH UNIVERSITY DRIVE PINE BLUFF AR 71601 716010030 501(C)(3) 28009 0 EDUCATION UNIVERSITY OF DELAWARE 700 PILOTTOWN ROAD LEWES DE 19958 516000297 501(C)(3) 375819 0 EDUCATION UNIVERSITY OF MASSACHUSETTS 600 SUFFOLK STREET LOWELL MA 01854 043167352 501(C)(3) 207705 0 EDUCATION UNIVERSITY OF WISCONSIN CALS OUTREACH SERVICES MADISON WI 53706 391805963 501(C)(3) 19176 0 EDUCATION 7 0 SCHOLARSHIPS 3460 38392435 0 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BASED UPON MERIT OR FINANCIAL NEED. STUDENTS APPLY FOR INDIVIDUAL SCHOLARSHIPS THROUGH THE OFFICE OF INSTITUTIONAL ADVANCEMENT AND ARE AWARDED BASED UPON THE CRITERIA FOR EACH INDIVIDUAL SCHOLARSHIP THEY ARE AWARDED BY A COMMITTEE. ATHLETIC SCHOLARSHIPS ARE AWARDED DURING THE RECRUITMENT PROCESS AND ARE AWARDED BASED UPON MERIT. FRESHMAN ENROLLMENT SCHOLARSHIPS ARE OFFERED TO INCOMING FRESHMEN BASED UPON THEIR INDIVIDUAL HIGH SCHOOL PERFORMANCE, SAT SCORES, AND FINANCIAL NEEDS. THE UNIVERSITY PROVIDES SCHOLARSHIPS TO STUDENTS MATRICULATING AT THE COLLEGE, THEREFORE, ALL FUNDS GRANTED ARE USED TO DEFRAY THE COST OF TUITION AND ARE APPLIED DIRECTLY TO THE STUDENT'S DSU ACCOUNT, SO NO FURTHER MONITORING OF THE GRANTS IS REQUIRED IN ORDER TO ENSURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. X X X 1 0 X X X X 0 0 0 0 0 0 0 1 0 ANTOINE ALLEN PRESIDENT 321096 0 80375 0 6300 0 0 0 12737 0 420508 0 0 0 VITA PICKRUM VP ADVANCEMENT 200000 0 0 0 9782 0 0 0 18459 0 228241 0 0 0 SAUNDRA DE LAUDER ASSOCIATE PROVOST 195000 0 0 0 49992 0 0 0 20902 0 265894 0 0 0 MICHAEL CASSON PROFESSOR 180000 0 0 0 52900 0 0 0 8204 0 241104 0 0 0 ANTOINO BOYLE VP FOR STRATEGIC ENROLLMENT 218000 0 0 0 5495 0 0 0 12737 0 236232 0 0 0 DAVID GINES ATHLETIC DIRECTOR 218000 0 0 0 8517 0 0 0 9081 0 235598 0 0 0 CLEON CAULEY CHIEF OPERATING OFFICER 219231 0 0 0 0 0 1600 0 12460 0 233291 0 0 0 IRENE CHAPMAN-HAWKINS VP FOR HUMAN RESOURCES 208690 0 0 0 0 0 0 0 22332 0 231022 0 0 0 DYREMPLE MARSH ACADEMIC DEAN 190000 0 0 0 12444 0 19500 0 8264 0 230208 0 0 0 ROB SCHROF INTERNAL AUDITOR 209100 0 0 0 6876 0 0 0 8264 0 224240 0 0 0 STACY DOWNING VP FOR STUDENT AFFAIRS 204000 0 0 0 6487 0 0 0 8264 0 218751 0 0 0 AKASH DANIA ASSOCIATE PROFESSOR 146716 0 0 0 27989 0 16280 0 21438 0 212423 0 0 0 YOUNGSIK KWAK ASSOCIATE DEAN BUSINESS 105786 0 0 0 87114 0 0 0 17149 0 210049 0 0 0 STEVEN NEWTON PROFESSOR 165000 0 0 0 11992 0 0 0 23076 0 200068 0 0 0 LAKRESHA MOULTRIE LEGAL 185004 0 0 0 0 0 1004 0 12737 0 198745 0 0 0 HERMAN WOOD ASSOCIATE VP 165000 0 0 0 3309 0 0 0 15005 0 183314 0 0 0 DARRELL MCMILLON CHIEF INFORMATION OFFICER 167067 0 0 0 0 0 0 0 5165 0 172232 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE PRESIDENT, AS PART OF HIS BENEFIT PACKAGES, RESIDES IN A UNIVERSITY OWNED PROPERTY THAT IS LOCATED ON THE UNIVERSITY'S PREMISES. THE PRESIDENT IS REQUIRED TO ACCEPT THIS HOUSING AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY. PERSONAL SERVICES: THE UNIVERSITY PROVIDED PERSONAL SERVICES TO THE PRESIDENT THAT ARE ANCILLARY TO THE BENEFITS HE RECEIVES WITH THE HOUSING PACKAGE. PERSONAL SERVICES INCLUDE MAID AND CHEF. THE PRESIDENT IS PROVIDED A CHAUFFEUR. DISCRETIONARY SPENDING ACCOUNT: THE PRESIDENT HAS A DISCRETIONARY SPENDING ACCOUNT. HOWEVER, THE EXPENDITURES ARE RELATED TO USUAL AND CUSTOMARY UNIVERSITY EXPENDITURES AND NOT PERSONAL IN NATURE. PART I, LINE 7 BONUSES PAID ARE BASED ON A NUMBER OF VARIABLES INCLUDING BUT NOT LIMITED TO INDIVIDUAL GOAL ACHIEVEMENTS AS WELL AS OPERATION ACHIEVEMENTS. THE FINAL DETERMINATION OF THE PRESIDENT'S BONUS AMOUNT IS DETERMINED AND APPROVED BY THE BOARD AS PART OF THE COMPENSATION REVIEW, WHICH INCLUDES THE USE OF COMPARABILITY DATA. A DELAWARE ECONOMIC DEVELOPMENT AUTHORITY 510269736 246387QD9 2012-03-01 34161528 PAY 5/11/1999 AND 1/21/2004 BOND ISSUES 0 0 0 B DELAWARE ECONOMIC DEVELOPMENT AUTHORITY 510269736 246387RJ5 2014-12-18 32953404 PAY 1/21/2004 BOND ISSUE, CONSTR. OF OSCAR, ACQ. OF COURTYARD AND SHERATON 0 0 0 C DELAWARE ECONOMIC DEVELOPMENT AUTHORITY 510269736 246387SS4 2017-04-04 45619598 PAY 12/20/2007 BOND ISSUE 0 0 0 A 9935000 34161528 2035599 444822 31681107 2012 1 0 1 1 B 4345000 33043410 2127181 529801 118459 17201133 13066836 2014 1 0 1 1 C 3615000 45619598 569838 152362 44897398 2017 0 1 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 C 0 0 1 1 0 0.05000 0.05000 1 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 1 0 0 0 0 1 A 0 B 0 C 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: DELAWARE ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2020 ISSUER NAME: DELAWARE ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2020 SCHEDULE K, PART I, COLUMN (E) V. PART II, LINE 3: DELAWARE ECONOMIC DEVELOPMENT AUTHORITY ISSUE DATE 12/18/2014: GROSS PROCEEDS IN RESERVE FUNDS INCLUDES GAIN OF $90,006. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR OF THE BOARD, THE VICE CHAIR(S) OF THE BOARD, THE CHAIRPERSONS OF THE STANDING COMMITTEES AND MEMBERS AT-LARGE AS MAY BE APPOINTED BY THE CHAIR OF THE BOARD. THE CHAIR OF THE BOARD SHALL PRESIDE AT ALL MEETINGS OF THE EXECUTIVE COMMITTEE. A MAJORITY OF THE MEMBERS SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. IN ANY INTERVAL BETWEEN THE REGULAR MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES WHEN A MAJORITY OF THE EXECUTIVE COMMITTEE DEEMS SUCH ACTION NECESSARY FOR THE WELFARE OF THE UNIVERSITY; PROVIDED THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER TO AMEND THE BYLAWS, TO FILL VACANCIES OR REMOVE ANY MEMBER OF THE BOARD OR TO AUTHORIZE THE SALE, LEASE OR ENCUMBRANCE OF ANY OF THE PROPERTY AND ASSETS OF THE UNIVERSITY. THE EXECUTIVE COMMITTEE SHALL REPORT VERBALLY AND/OR IN WRITTEN FORM, ON ITS ACTIONS AT THE NEXT REGULARLY SCHEDULED MEETING OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE UNIVERSITY AND THE GOVERNOR OF THE STATE OF DELAWARE ARE TRUSTEES OF THE UNIVERSITY PER THE BYLAWS. EIGHT TRUSTEES SHALL BE APPOINTED AND COMMISSIONED BY THE GOVERNOR FOR A TERM OF 6 YEARS EACH, TO BEGIN UPON THE EXPIRATION OF THE TERM OF THE TRUSTEE WHOM EACH IS TO SUCCEED. TWO SUCH TRUSTEES SHALL RESIDE IN EACH COUNTY OF THE STATE. THE GOVERNOR SHALL FILL ANY VACANCIES THAT OCCUR AS TO APPOINTMENTS MADE BY THE GOVERNOR. FORM 990, PART VI, SECTION B, LINE 11B THE UNIVERSITY'S FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE UNIVERSITY'S FINANCIAL DEPARTMENT. THE FORM 990 IS REVIEWED BY THE VP OF FINANCE AND THE CONTROLLER. A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY REQUIRES DISCLOSURE FROM OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ON A CONTINUOUS BASIS. AT ANY TIME THAT A RELATIONSHIP IS ENTERED INTO, THE MEMBER IS REQUIRED TO INFORM THE CHAIRMAN OF THE BOARD OF TRUSTEES TO DETERMINE WHETHER A CONFLICT EXISTS. A RECERTIFICATION STATEMENT IS ALSO REQUIRED ANNUALLY. IF THERE IS REASONABLE CAUSE TO BELIEVE THAT A DSU EMPLOYEE HAS INTENTIONALLY FAILED TO DISCLOSE AN ACTUAL CONFLICT OF INTEREST THE NON-DISCLOSURE SHOULD BE REPORTED TO HUMAN RESOURCES. IF AN INVESTIGATION OF THE FACTS DETERMINES AN ACTUAL CONFLICT OCCURRED AND THE EMPLOYEE INTENTIONAL FAILED TO DISCLOSE THE CONFLICT DISCIPLINARY MEASURES WILL BE IMPLEMENTED, INCLUDING POSSIBLE TERMINATION OF EMPLOYMENT. FORM 990, PART VI, SECTION B, LINE 15A DELAWARE STATE UNIVERSITY UNDERTAKES A THOROUGH PROCESS TO DETERMINE EXECUTIVE COMPENSATION. THIS PROCESS INCLUDES EACH BOARD OF TRUSTEE MEMBER SPECIFICALLY DISCUSSING PERFORMANCE IN A SPECIAL ANNUAL MEETING. EVIDENCE SUPPORTS COMPENSATION ALONG WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATIONS AND THE DECISION IS MADE BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FINANCIAL STATEMENTS ARE PUBLISHED ON THE UNIVERSITY'S WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. DELAWARE STATE UNIVERSITY FOUNDATION INC 1200 NORTH DUPONT HIGHWAY DOVER DE 19901 201372435 FUNDRAISING DE 501(C)(3) LINE 12A, I DELAWARE STATE UNIVERSITY 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 DELAWARE STATE UNIVERSITY FOUNDATION INC B 7500000 CASH DELAWARE STATE UNIVERSITY FOUNDATION INC P 1062500 CASH