SETON HALL UNIVERSITY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SETON HALL UNIVERSITY (EIN 22-1500645)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-13
- IRS object ID
- 202231339349303648
- Schema version
- 2020v4.1
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-13T10:38:33-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | 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 | 221500645 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Seton Hall University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DONNA MCMONAGLE | InCareOfNm |
| Business Name Control | SETO | BusinessNameControlTxt |
| Phone | 9737619318 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 South Orange Avenue | AddressLine1Txt |
| City | South Orange | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07079 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONNA MCMONAGLE | PersonNm |
| Person Title | VP Finance/CFO | PersonTitleTxt |
| Phone | 9737619343 | PhoneNum |
| Signature | 2022-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Donna | PersonFirstNm |
| Person Last | McMonagle | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL ROMANO PARTNER | PreparerPersonNm |
| PTIN | P00504182 | PTIN |
| Phone | 2125429609 | PhoneNum |
| Preparation | 2022-05-02 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | Joseph E Nyre PhD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 South Orange Avenue | AddressLine1Txt |
| City | South Orange | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07079 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $524,256,000 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Group Exemption | 0928 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.shu.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1856 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | SETON HALL UNIVERSITY IS A CATHOLIC INSTITUTION OF HIGHER EDUCATION | ActivityOrMissionDesc |
| Voting Members Governing Body | 36 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 4000 | TotalEmployeeCnt |
| Total Volunteers | 589 | TotalVolunteersCnt |
| Total Gross UBI | $928,000 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $45,513,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $56,312,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $391,164,000 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $393,124,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,802,000 | PYInvestmentIncomeAmt |
| CY Investment Income | $14,634,000 | CYInvestmentIncomeAmt |
| PY Other Revenue | $14,015,000 | PYOtherRevenueAmt |
| CY Other Revenue | $8,964,000 | CYOtherRevenueAmt |
| PY Total Revenue | $456,494,000 | PYTotalRevenueAmt |
| CY Total Revenue | $473,034,000 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $158,732,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $174,289,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $189,888,000 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $178,191,000 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $7,616,000 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $120,077,000 | PYOtherExpensesAmt |
| CY Other Expenses | $115,961,000 | CYOtherExpensesAmt |
| PY Total Expenses | $468,697,000 | PYTotalExpensesAmt |
| CY Total Expenses | $468,441,000 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$12,203,000 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,593,000 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $814,560,000 | TotalAssetsBOYAmt |
| Total Assets EOY | $890,349,000 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $376,532,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $384,818,000 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $438,028,000 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $505,531,000 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $313,248,000 | ExpenseAmt |
| Grant | $160,894,000 | GrantAmt |
| Revenue | $396,341,000 | RevenueAmt |
| Desc | Educational - Seton Hall University operates to provide baccalaureate, masters, and doctoral degrees. Day and evening sessions accommodate both commuter and residential students on a part-time and full time basis. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $89,483,000 | ExpenseAmt |
| Grant | $12,649,000 | GrantAmt |
| Revenue | $3,484,000 | RevenueAmt |
| Desc | Academic Support and Student Services - Academic Support provides support services, such as libraries, academic technology, faculty curriculum development, for its primary missions of instruction, research and public service. Student services provide various services to students, such as counseling, career guidance, financial aid, student records, health services and transportation, which contribute to the students' emotional and physical well-being and to their intellectual, cultural and social development outside the context of the University's formal instructional programs. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,898,000 | ExpenseAmt |
| Grant | $746,000 | GrantAmt |
| Desc | Research, Training & Public Services - Enables faculty to explore new areas of education, learning and knowledge and provides non-instructional services to individuals and groups external to the University. The University also offers financial support to students through academic scholarships and work-study programs, which are funded by federal, state and private grants. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $411,629,000 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 373 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 4000 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | LU | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Nondeductible Contri Discl | false | NondeductibleContriDisclInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 36 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONNA MCMONAGLE | PersonNm |
| Phone | 9737619343 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 SOUTH ORANGE AVENUE | AddressLine1Txt |
| City | South Orange | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07079 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (60 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Kevin Willard | ||||||||||
| Head Coach Men's Basketball | 60.0 | 0.0 | Yes (X) | $2,440,812 | $0 | $62,155 | ||||
| Joseph E Nyre PhD | ||||||||||
| President/CEO/Regent/Trustee | 60.0 | 0.0 | $1,230,117 | $0 | $66,484 | Yes (X) | Yes (X) | |||
| Patrick G Lyons MBA | ||||||||||
| EVP Operations/Chief of Staff | 60.0 | 0.0 | $572,969 | $0 | $133,279 | Yes (X) | ||||
| Alyssa McCloud PhD | ||||||||||
| V.P. Enrollment Management | 50.0 | 0.0 | $458,200 | $0 | $33,008 | Yes (X) | ||||
| Anthony J Bozzella | ||||||||||
| Head Coach Women's Basketball | 60.0 | 0.0 | Yes (X) | $389,331 | $0 | $55,102 | ||||
| Kathleen BoozangJDLLM | ||||||||||
| Dean, School of Law | 45.0 | 0.0 | $401,755 | $0 | $36,397 | Yes (X) | ||||
| Karen E Boroff PhD | ||||||||||
| Former Interim Provost | 45.0 | 0.0 | $373,192 | $0 | $46,368 | Yes (X) | ||||
| Stephen A Graham MBA | ||||||||||
| V.P. Finance & CFO | 50.0 | 0.0 | $343,696 | $0 | $57,071 | Yes (X) | ||||
| Matthew Borowick MBA | ||||||||||
| V.P. Univ. Relations | 50.0 | 0.0 | $267,383 | $0 | $70,687 | Yes (X) | ||||
| Bryan Felt | ||||||||||
| Athletics Director | 45.0 | 0.0 | Yes (X) | $311,509 | $0 | $18,364 | ||||
| Joyce A Strawser PhD | ||||||||||
| Dean, Stillman School Business | 45.0 | 0.0 | $275,901 | $0 | $52,938 | Yes (X) | ||||
| Stephen JLubbenJDPhD | ||||||||||
| Law School Professor | 45.0 | 0.0 | Yes (X) | $263,057 | $0 | $54,135 | ||||
| Brian B Shulman PhD | ||||||||||
| Dean, School Health & Medical | 45.0 | 0.0 | $283,481 | $0 | $30,751 | Yes (X) | ||||
| Shawna Cooper-GibsonEdD | ||||||||||
| V.P. Student Services | 50.0 | 0.0 | $259,633 | $0 | $39,292 | Yes (X) | ||||
| Katia PasseriniPhD | ||||||||||
| Provost and E.V.P. | 50.0 | 0.0 | $220,471 | $0 | $56,148 | Yes (X) | ||||
| Timothy P Glynn JD | ||||||||||
| Law School Professor | 45.0 | 0.0 | Yes (X) | $240,604 | $0 | $17,160 | ||||
| Peter W Shoemaker PhD | ||||||||||
| Dean College of Arts & Science | 45.0 | 0.0 | $186,856 | $0 | $56,860 | Yes (X) | ||||
| Kimberly ACapadonaEsq | ||||||||||
| Regent/General Counsel | 50.0 | 0.0 | $208,010 | $0 | $31,606 | Yes (X) | ||||
| Tracy H Gottlieb PhD | ||||||||||
| Former V.P. Student Services | 45.0 | 0.0 | $148,270 | $0 | $32,234 | Yes (X) | ||||
| Robin LCunninghamEdS | ||||||||||
| Former Int. V.P. Stud. Serv. | 45.0 | 0.0 | $146,970 | $0 | $21,628 | Yes (X) | ||||
| Dennis J Garbini MBA | ||||||||||
| Former V.P. Administration | 0.0 | 0.0 | $148,538 | $0 | $18,499 | Yes (X) | ||||
| Msgr Joseph R Reilly | ||||||||||
| Trustee | 45.0 | 0.0 | $38,111 | $0 | $113,817 | Yes (X) | ||||
| Monsignor C Anthony Ziccardi | ||||||||||
| V.P Mission & Min.(Thru 9/20) | 45.0 | 0.0 | $71,333 | $0 | $71,627 | Yes (X) | ||||
| Reverend Collin Kay M Div | ||||||||||
| V.P. for Mission & Ministry | 50.0 | 0.0 | $42,260 | $0 | $77,598 | Yes (X) | ||||
| Monsignor Gerald J Buonopane | ||||||||||
| Regent/Trustee | 45.0 | 0.0 | $34,243 | $0 | $77,565 | Yes (X) | ||||
| Jon Paparsenos | ||||||||||
| V.P. Univ. Advancement | 50.0 | 0.0 | $66,760 | $0 | $40,260 | Yes (X) | ||||
| Michele Nelson PhD | ||||||||||
| V.P. Board Affairs & Strategy | 50.0 | 0.0 | $55,773 | $0 | $14,168 | Yes (X) | ||||
| Reverend John J Chadwick | ||||||||||
| Regent/Trustee | 45.0 | 0.0 | $21,355 | $0 | $42,092 | Yes (X) | ||||
| Monsignor Peter Smutelovic | ||||||||||
| Trustee | 1.0 | 0.0 | $0 | $0 | $42,190 | Yes (X) | ||||
| Cardinal Joseph W Tobin | ||||||||||
| Regent/Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Most Reverend Kurt R Burnette | ||||||||||
| Regent/Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Most Rev James F Checchio | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Most Rev Dennis J Sullivan | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Sr Margaret Stallmeyer CDP | ||||||||||
| Regent/Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Kevin H Marino JD | ||||||||||
| Regent/Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Mary Ann Christopher | ||||||||||
| Regent/Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Mark E Ganton | ||||||||||
| Regent/Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Robert J Sloan | ||||||||||
| Regent/Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| James E Collins | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Henry F D'Alessandro | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Robert S Basso | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Robert B Budelman Esq | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Edward C Cerny | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| David L Flood | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Robert C Garrett | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Richard A Giuditta Jr | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Helen Lerner | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Anthony Masherelli | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Richard C McMahon | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| John F Swift | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Stephen G Waldis | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Matthew W Wright | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| John D Hayes | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| James T Boyle Jr | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Gerard H Hanson Esq | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Kevin P Flood | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Leo J Zatta | ||||||||||
| Regent/Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Most Rev Kevin J Sweeney | ||||||||||
| Regent | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Sr Sharon A Euart RSM | ||||||||||
| Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Sr Maureen Shaughnessy SC | ||||||||||
| Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $9,356,702 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,330,773 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 337 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Gourmet Dining LLC | |||||
| 400 South Orange Avenue | SOUTH ORANGE | NJ | 07079 | Food Services | $7,455,393 |
| Atalian Global Services | |||||
| 417 Fifth Avenue 9th Floor | NEW YORK | NY | 10016 | Housekeeping | $4,554,711 |
| Sordoni Construction Co | |||||
| 1 Pluckemin Way 2nd Floor | BEDMINSTER | NJ | 07921 | General Contracting | $2,930,282 |
| Wiley Edu LLC | |||||
| PO Box 41671 | BOSTON | MA | 022416571 | Education Services | $2,424,489 |
| Joseph A Natoli Construction Corpor | |||||
| 293 Changebridge Rd | PINE BROOK | NJ | 070589513 | General Contracting | $1,530,499 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 100 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $227,000 | FundraisingAmt |
| Government Grants | $41,427,000 | GovernmentGrantsAmt |
| All Other Contributions | $14,658,000 | AllOtherContributionsAmt |
| Noncash Contributions | $680,000 | NoncashContributionsAmt |
| Total Contributions | $56,312,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 900099 | $372,802,000 | $372,802,000 |
| ROOM AND BOARD | 900099 | $20,322,000 | $20,322,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $393,124,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,131,000 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $532,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,599,000 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $863,000 | TotalRevenueColumnAmt |
| Exclusion | $863,000 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $132,000 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $22,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $110,000 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $103,000 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $103,000 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $103,000 | TotalRevenueColumnAmt |
| Exclusion | $103,000 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $62,714,000 | SecuritiesAmt |
| Other | $10,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $51,082,000 | SecuritiesAmt |
| Other | $2,000 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,632,000 | SecuritiesAmt |
| Other | $8,000 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,640,000 | TotalRevenueColumnAmt |
| Exclusion | $11,640,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $185,000 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $227,000 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $138,000 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,000 | TotalRevenueColumnAmt |
| Exclusion | $47,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| NCAA/CONFERENCE DISTRIBUTIONS | 900099 | $3,484,000 | $3,484,000 | |
| SALE OF NJ TAX CREDITS | 900099 | $1,000,000 | $1,000,000 | |
| PARKING | 812930 | $550,000 | $550,000 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,648,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,217,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $374,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $57,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $8,682,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $473,034,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $399,825,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $928,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,969,000 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,054,000 | TotalAmt |
| Program Services | $1,054,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,235,000 | TotalAmt |
| Program Services | $173,235,000 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,176,000 | TotalAmt |
| Program Services | $3,008,000 | ProgramServicesAmt |
| Management And General | $2,938,000 | ManagementAndGeneralAmt |
| Fundraising | $1,230,000 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $970,000 | TotalAmt |
| Program Services | $970,000 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,345,000 | TotalAmt |
| Program Services | $105,484,000 | ProgramServicesAmt |
| Management And General | $15,127,000 | ManagementAndGeneralAmt |
| Fundraising | $3,734,000 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,958,000 | TotalAmt |
| Program Services | $6,750,000 | ProgramServicesAmt |
| Management And General | $969,000 | ManagementAndGeneralAmt |
| Fundraising | $239,000 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,761,000 | TotalAmt |
| Program Services | $22,894,000 | ProgramServicesAmt |
| Management And General | $5,032,000 | ManagementAndGeneralAmt |
| Fundraising | $835,000 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,981,000 | TotalAmt |
| Program Services | $7,626,000 | ProgramServicesAmt |
| Management And General | $1,087,000 | ManagementAndGeneralAmt |
| Fundraising | $268,000 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $279,000 | TotalAmt |
| Program Services | $203,000 | ProgramServicesAmt |
| Management And General | $76,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $558,000 | TotalAmt |
| Program Services | $68,000 | ProgramServicesAmt |
| Management And General | $490,000 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $254,000 | TotalAmt |
| Management And General | $254,000 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,000 | TotalAmt |
| Management And General | $168,000 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,317,000 | TotalAmt |
| Management And General | $4,317,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,251,000 | TotalAmt |
| Program Services | $21,229,000 | ProgramServicesAmt |
| Management And General | $2,550,000 | ManagementAndGeneralAmt |
| Fundraising | $472,000 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,774,000 | TotalAmt |
| Program Services | $1,529,000 | ProgramServicesAmt |
| Management And General | $227,000 | ManagementAndGeneralAmt |
| Fundraising | $18,000 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,348,000 | TotalAmt |
| Program Services | $3,582,000 | ProgramServicesAmt |
| Management And General | $1,401,000 | ManagementAndGeneralAmt |
| Fundraising | $365,000 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,973,000 | TotalAmt |
| Program Services | $1,388,000 | ProgramServicesAmt |
| Management And General | $5,584,000 | ManagementAndGeneralAmt |
| Fundraising | $1,000 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,838,000 | TotalAmt |
| Program Services | $10,838,000 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,258,000 | TotalAmt |
| Program Services | $2,815,000 | ProgramServicesAmt |
| Management And General | $265,000 | ManagementAndGeneralAmt |
| Fundraising | $178,000 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $629,000 | TotalAmt |
| Program Services | $474,000 | ProgramServicesAmt |
| Management And General | $155,000 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,908,000 | TotalAmt |
| Program Services | $10,807,000 | ProgramServicesAmt |
| Management And General | $101,000 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,460,000 | TotalAmt |
| Program Services | $19,354,000 | ProgramServicesAmt |
| Management And General | $1,024,000 | ManagementAndGeneralAmt |
| Fundraising | $82,000 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,935,000 | TotalAmt |
| Program Services | $218,000 | ProgramServicesAmt |
| Management And General | $2,717,000 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| REPAIRS AND MAINTENANCE | $6,327,000 | $4,559,000 | $1,638,000 | $130,000 |
| COVID EXPENSES | $6,535,000 | $6,535,000 | ||
| BAD DEBT EXPENSE | $2,350,000 | $2,350,000 | ||
| BOOKS AND SUBSCRIPTIONS | $3,258,000 | $3,205,000 | $32,000 | $21,000 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,541,000 | TotalAmt |
| Program Services | $3,804,000 | ProgramServicesAmt |
| Management And General | $694,000 | ManagementAndGeneralAmt |
| Fundraising | $43,000 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $468,441,000 | TotalAmt |
| Program Services | $411,629,000 | ProgramServicesAmt |
| Management And General | $49,196,000 | ManagementAndGeneralAmt |
| Fundraising | $7,616,000 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,725,000 | BOYAmt |
| EOY | $9,038,000 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,653,000 | BOYAmt |
| EOY | $56,961,000 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,095,000 | BOYAmt |
| EOY | $13,649,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,141,000 | BOYAmt |
| EOY | $5,347,000 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,894,000 | BOYAmt |
| EOY | $2,894,000 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,966,000 | BOYAmt |
| EOY | $5,609,000 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,406,000 | BOYAmt |
| EOY | $19,216,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $629,667,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $318,887,000 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $327,979,000 | BOYAmt |
| EOY | $310,780,000 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,145,000 | BOYAmt |
| EOY | $126,527,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $191,414,000 | BOYAmt |
| EOY | $224,164,000 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,142,000 | BOYAmt |
| EOY | $116,164,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $814,560,000 | BOYAmt |
| EOY | $890,349,000 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,605,000 | BOYAmt |
| EOY | $53,813,000 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,862,000 | BOYAmt |
| EOY | $12,347,000 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $203,611,000 | BOYAmt |
| EOY | $198,582,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,454,000 | BOYAmt |
| EOY | $120,076,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $376,532,000 | BOYAmt |
| EOY | $384,818,000 | 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 | $234,337,000 | BOYAmt |
| EOY | $258,697,000 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $203,691,000 | BOYAmt |
| EOY | $246,834,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $438,028,000 | BOYAmt |
| EOY | $505,531,000 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $814,560,000 | BOYAmt |
| EOY | $890,349,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $4,593,000 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $62,395,000 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $515,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | 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 | $42,295,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $59,790,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $43,567,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $45,513,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $56,312,000 | CurrentTaxYearAmt |
| Total | $247,477,000 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $42,295,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $59,790,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $43,567,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $45,513,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $56,312,000 | CurrentTaxYearAmt |
| Total | $247,477,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $247,477,000 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,602,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,968,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,029,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,787,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,675,000 | CurrentTaxYearAmt |
| Total | $20,061,000 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $534,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $804,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $499,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $171,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $690,000 | CurrentTaxYearAmt |
| Total | $2,698,000 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,746,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,883,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,255,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,438,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,792,000 | CurrentTaxYearAmt |
| Total | $11,114,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $281,350,000 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,922,089,000 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.87960 | PublicSupportCY170Pct |
| Public Support PY170 | 0.86247 | 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) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | Yes (true) | MailingsMembersInd |
| Mailings Members | $1,200 | MailingsMembersAmt |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | Yes (true) | GrantsOtherOrganizationsInd |
| Grants Other Organizations | $22,376 | GrantsOtherOrganizationsAmt |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $174,321 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $197,897 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B, Line 1(i) Other Lobbying Activities | FormAndLineReferenceDesc |
| Explanation | Seton Hall University lobbied state legislators regarding annual independent college appropriations and aid for independent college students. Efforts consisted of direct mailings, phone calls and personal meetings. Members of Congress were contacted regarding student aid and grants for various university programs. The University's staff is involved in lobbying efforts. The value of that staff time is approximately $30,321. Those costs have been reported on Line 7 (other salaries and wages) and not separately identified on Line 11 (d) in Part IX, statement of Functional Expenses. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $1,799,000 | AssetsIncludedAmt |
Held Works Art HeldWorksArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $75,000 | RevenuesIncludedAmt |
| 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 | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $270,000,000 | BeginningYearBalanceAmt |
| Contributions | $4,584,000 | ContributionsAmt |
| Investment Earnings Or Losses | $74,306,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,291,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,438,000 | OtherExpendituresAmt |
| Administrative Expenses | $831,000 | AdministrativeExpensesAmt |
| End Year Balance | $336,330,000 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $269,162,000 | BeginningYearBalanceAmt |
| Contributions | $3,586,000 | ContributionsAmt |
| Investment Earnings Or Losses | $14,028,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,167,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,173,000 | OtherExpendituresAmt |
| Administrative Expenses | $5,436,000 | AdministrativeExpensesAmt |
| End Year Balance | $270,000,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $271,090,000 | BeginningYearBalanceAmt |
| Contributions | $2,304,000 | ContributionsAmt |
| Investment Earnings Or Losses | $10,675,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,474,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $9,780,000 | OtherExpendituresAmt |
| Administrative Expenses | $1,653,000 | AdministrativeExpensesAmt |
| End Year Balance | $269,162,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $259,799,000 | BeginningYearBalanceAmt |
| Contributions | $3,286,000 | ContributionsAmt |
| Investment Earnings Or Losses | $25,041,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,487,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $11,431,000 | OtherExpendituresAmt |
| Administrative Expenses | $2,118,000 | AdministrativeExpensesAmt |
| End Year Balance | $271,090,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $246,904,000 | BeginningYearBalanceAmt |
| Contributions | $1,664,000 | ContributionsAmt |
| Investment Earnings Or Losses | $30,476,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,455,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $14,616,000 | OtherExpendituresAmt |
| Administrative Expenses | $1,174,000 | AdministrativeExpensesAmt |
| End Year Balance | $259,799,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.35630 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.32770 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.31600 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,171,000 | OtherCostOrOtherBasisAmt |
| Book Value | $3,171,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $554,052,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $271,732,000 | DepreciationAmt |
| Book Value | $282,320,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $58,427,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $47,155,000 | DepreciationAmt |
| Book Value | $11,272,000 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,017,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $14,017,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $310,780,000 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (11 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| OUTSIDE TRUST | $11,959,000 | F |
| HEDGE FUNDS | $64,201,000 | F |
| COMMINGLED FUNDS | $1,146,000 | F |
| PRIVATE EQUITY FUNDS | $18,149,000 | F |
| VENTURE CAPITAL | $10,431,000 | F |
| LIQUID FIXED INCOME | $18,000,000 | F |
| ILLIQUID FIXED INCOME | $22,515,000 | F |
| OPPORTUNISTIC | $18,982,000 | F |
| LONG EQUITY | $27,060,000 | F |
| DIVERSIFYING ASSETS | $18,321,000 | F |
| REAL ASSETS | $13,400,000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $224,164,000 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEPOSITS W/ TRUSTEE | $105,107,000 |
| RIGHT-OF-USE UNDER OPER LEASES | $606,000 |
| RIGHT-OF-USE UNDER FINA LEASES | $10,451,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $116,164,000 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE U.S. GOV'T GRANTS | $7,575,000 |
| CONDITIONAL ASSET RETIRE OBLIG | $9,530,000 |
| ACCRUED POSTRETIREMENT BENEFIT | $870,000 |
| OTHER LIABILITIES, NET | $5,036,000 |
| OPERATING LEASE LIABILITIES | $606,000 |
| FINANCE LSE LIAB/SECURED BORROWING | $20,571,000 |
| TAXABLE BONDS PAYABLE | $75,888,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $120,076,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $365,583,000 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $62,395,000 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $349,000 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $692,000 | OtherRevenueAmt |
| Revenue Not Reported | $63,436,000 | RevenueNotReportedAmt |
| Revenue Subtotal | $302,147,000 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $4,317,000 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $166,570,000 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $170,887,000 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $473,034,000 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $298,080,000 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $349,000 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $315,000 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $664,000 | ExpensesNotReportedAmt |
| Expenses Subtotal | $297,416,000 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $4,317,000 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $166,708,000 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $171,025,000 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $468,441,000 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, line 4 | Collections are composed of: a mural, ancient Greek and Roman coins, book collections, paintings, wild life art collections, and a special collection of research papers. Collections are utilized by students, faculty, administrators and the general public. Their usage helps achieve the ultimate goal of advancing the educational and research mission of the University. |
| Part V, line 4 | Endowment funds support the University's mission by providing a sustainable flow of funds to annual operations. This support includes funds for scholarships and for specific academic programs. The University has adopted an endowment spending policy designed to provide a predictable flow of funds to operations. The policy is intended to balance current spending needs and preserve the endowment's future purchasing power. The University applies a 4.5% spending rate to a three-year moving average of endowment investment funds. The Board of Regents sets the spending rate. The purpose of using a moving average is to smooth out any wide fluctuations in the market value. Endowment earnings in excess of the spending rate are added back to the principal of the endowment investments. In years when yield exceeds the amount appropriated under the spending policy the excess is returned to principal as appreciation. When annual yield is insufficient to support spending appropriations, the balance is provided from accumulated appreciation. Special allocations may be made for certain purposes in addition to the spending rate, as approved by the University's Board of Regents. There were no special allocation made in the year ended June 30, 2021. |
| Part X, line 2 - Other Liabilities - Income Taxes | The University has adopted the provisions of the ASC 740, Accounting for Uncertainties in Income Taxes. ASC 740-10 clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This section provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The University is exempt from Federal and New Jersey State Income taxation by virtue of being an organization described in Section 501(c)(3) of the IRC and similar provisions of the New Jersey State tax code. Nevertheless, The University may be subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The University believes that there are no material uncertain tax positions within its financial statements. |
| Part XI, Line 2D - Other | Change in the value of the split-interest agreements of $692,000. |
| Part XI, Line 4b - Other | Financial Aid of $166,708,000 less special events expenses of $138,000. |
| Part XII, Line 2D - Other | Special events expenses of $138,000 and provision for uncollectible contributions receivable of $177,000. |
| Part XII, Line 4B - Other | Financial aid of $166,708,000. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line:3 | The University's racially nondiscriminatory policy appears in its Undergraduate and Graduate catalogs, as well as in the Admission Prospectus. It is also in all newspaper advertisements and the University's website. |
| Line 6 - Explanation of Government Financial Aid | The University participates in various Federal and State financial aid programs, which include, but are not limited to the following programs: Federal Direct Lending Program, Federal Pell Grant, Federal College Work Study, Federal Supplemental Education Opportunity Grant, N.J State Tuition Assistance Grant and N.J. State Education Opportunity Fund. During the fiscal years ended June 30, 2021 and 2020, the federal government provided higher education institutions with Higher Education Emergency Relief Funding ("HEERF"), which was allocated under various acts of Congress. HEERF funding provided emergency aid to students of the University. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|
| Central America and the Caribbean | Investments | $145,196,852 | |
| Europe (Including Iceland and Greenland) | Investments | $38,663,527 | |
| East Asia and the Pacific | Program Services | $85,500 | Recruitment & MBA Prog |
| South Asia | Program Services | $114,403 | Peace Building |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $184,060,282 | SubtotalSpentAmt |
| Total Spent | $184,060,282 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 3, (1 & 2); Part IV , Lines 1, 3, 4, and 5 | By virtue of its investments in various limited partnership investments, Seton Hall University may invest in passive foreign investment companies and/or foreign partnerships; to the extent the University is required to file the Forms 926, 5471, or 8865, those foreign forms were attached to the University's Form 990-T. |
| Part I, Line 3 (3) | Support for student recruitment and academic exchange program developments. During FY2021, the Stillman School continued to offer an executive-style MBA program in collaboration with Viagold International Education Management Group, with cohorts in Shanghai and Zhuhai, China. Students are taught in Mandarin by a combination of Stillman faculty and faculty employed by Chinese universities. |
| Part I, Line 3 (4) | Humanitarian peacebuilding, stabilization, recovery, and development actors provide conflict sensitive programs in Yemen: This project will look to build a shared understand among service providers about the conflict contexts and how to operate most effectively in them, and agreement where possible on collective actions/approaches. It will do this through networking, coordination, strengthening of working relationships, and regular sessions to review available analysis and plan for shared actions. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | BeefSteakDinner | Event1Nm |
| Gross Receipts Event1 | $133,000 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $81,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $52,000 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $7,000 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $23,000 | OtherDirectExpensesEvent1Amt |
| Event2 | Golf Outing | Event2Nm |
| Gross Receipts Event2 | $110,000 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $73,000 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $37,000 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $25,000 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $9,000 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $169,000 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $73,000 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $96,000 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $1,000 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $49,000 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $24,000 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $412,000 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $227,000 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $185,000 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $33,000 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $49,000 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $56,000 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $138,000 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $47,000 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Township of South Orange Village | |||||||
| 76 S Orange Ave | South Orange | NJ | 07079 | 226002309 | 115 | $554,000 | General Purpose |
| South Orange Performing Arts Center Inc | |||||||
| 1 Sopac Way | South Orange | NJ | 07079 | 320074004 | 501(C)(3) | $12,000 | General Purpose |
| Township of Nutley NJ | |||||||
| 1 Kennedy Drive | Nutley | NJ | 07110 | 226002167 | 115 | $147,000 | General Purpose |
| Township of Clifton NJ | |||||||
| 900 Clifton Ave | Clifton | NJ | 07013 | 222940857 | 115 | $331,000 | General Purpose |
| SoarUSA | |||||||
| 3025 4th St NE | Washington | DC | 20017 | 521485481 | 501(c)(3) | $10,000 | General Purpose |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Federal Awards | 1947 | $10,746,000 |
| State of New Jersey Awards | 1641 | $12,600,000 |
| Institutional Support | 13278 | $146,870,000 |
| COVID-19 Relief Grants | 1418 | $3,019,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | All University spending must be approved by a manager or higher level, depending on the amount of the expenditure. Any expenditure of $1,000 or above would have to be approved by a Dean or other budget center manager. An expenditure in excess of $10,000 must be approved by a Vice President (or that person's designee) or the President. Grants or assistance to outside organizations are segregated in the University's financial accounting system through the use of a separate account code, which allows for review by University's central Finance Department. Scholarships are provided to students who are required to matriculate in the University, thereby ensuring that the funds are expended for the intended purposes. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Payments For Use Of Residence | Yes (X) | PaymentsForUseOfResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | false | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | 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 (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (22 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | 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 | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Msgr Joseph R Reilly | |||||||||||
| Trustee | $38,111 | $6,002 | $0 | $107,815 | $0 | $151,928 | $0 | $0 | $0 | ||
| Joseph E Nyre PhD | |||||||||||
| President/CEO/Regent/Trustee | $644,465 | $22,800 | $0 | $43,684 | $0 | $1,296,601 | $0 | $0 | $0 | $585,652 | |
| Kimberly ACapadonaEsq | |||||||||||
| Regent/General Counsel | $202,957 | $30,900 | $0 | $706 | $0 | $239,616 | $0 | $0 | $0 | $5,053 | |
| Katia PasseriniPhD | |||||||||||
| Provost and E.V.P. | $216,144 | $49,782 | $0 | $6,366 | $0 | $276,619 | $0 | $0 | $0 | $4,327 | |
| Shawna Cooper-GibsonEdD | |||||||||||
| V.P. Student Services | $227,711 | $14,128 | $0 | $25,164 | $0 | $298,925 | $0 | $0 | $0 | $7,422 | $24,500 |
| Patrick G Lyons MBA | |||||||||||
| EVP Operations/Chief of Staff | $391,000 | $122,800 | $0 | $10,479 | $0 | $706,248 | $0 | $0 | $0 | $21,969 | $160,000 |
| Karen E Boroff PhD | |||||||||||
| Former Interim Provost | $329,014 | $19,932 | $0 | $26,436 | $0 | $419,560 | $0 | $0 | $0 | $6,724 | $37,454 |
| Alyssa McCloud PhD | |||||||||||
| V.P. Enrollment Management | $320,631 | $19,411 | $0 | $13,597 | $0 | $491,208 | $0 | $0 | $0 | $7,569 | $130,000 |
| Stephen A Graham MBA | |||||||||||
| V.P. Finance & CFO | $304,127 | $18,453 | $0 | $38,618 | $0 | $400,767 | $0 | $0 | $0 | $7,569 | $32,000 |
| Kathleen BoozangJDLLM | |||||||||||
| Dean, School of Law | $392,931 | $22,800 | $0 | $13,597 | $0 | $438,152 | $0 | $0 | $0 | $8,824 | |
| Joyce A Strawser PhD | |||||||||||
| Dean, Stillman School Business | $274,843 | $16,955 | $0 | $35,983 | $0 | $328,839 | $0 | $0 | $0 | $1,058 | |
| Peter W Shoemaker PhD | |||||||||||
| Dean College of Arts & Science | $186,445 | $12,015 | $0 | $44,845 | $0 | $243,716 | $0 | $0 | $0 | $411 | |
| Brian B Shulman PhD | |||||||||||
| Dean, School Health & Medical | $281,857 | $17,154 | $0 | $13,597 | $0 | $314,232 | $0 | $0 | $0 | $1,624 | |
| Kevin Willard | |||||||||||
| Head Coach Men's Basketball | $2,224,294 | $22,800 | $0 | $39,355 | $0 | $2,502,967 | $0 | $0 | $0 | $26,518 | $190,000 |
| Anthony J Bozzella | |||||||||||
| Head Coach Women's Basketball | $298,173 | $17,882 | $0 | $37,220 | $0 | $444,433 | $0 | $0 | $0 | $18,658 | $72,500 |
| Stephen JLubbenJDPhD | |||||||||||
| Law School Professor | $262,702 | $16,210 | $0 | $37,925 | $0 | $317,192 | $0 | $0 | $0 | $355 | |
| Dennis J Garbini MBA | |||||||||||
| Former V.P. Administration | $8,878 | $0 | $9,621 | $0 | $167,037 | $0 | $0 | $0 | $148,538 | ||
| Tracy H Gottlieb PhD | |||||||||||
| Former V.P. Student Services | $146,599 | $10,649 | $0 | $21,585 | $0 | $180,504 | $0 | $0 | $0 | $1,671 | |
| Robin LCunninghamEdS | |||||||||||
| Former Int. V.P. Stud. Serv. | $146,194 | $8,910 | $0 | $12,718 | $0 | $168,598 | $0 | $0 | $0 | $776 | |
| Matthew Borowick MBA | |||||||||||
| V.P. Univ. Relations | $234,659 | $14,417 | $0 | $56,270 | $0 | $338,070 | $0 | $0 | $0 | $7,724 | $25,000 |
| Bryan Felt | |||||||||||
| Athletics Director | $243,505 | $14,750 | $0 | $3,614 | $0 | $329,873 | $0 | $0 | $0 | $8,004 | $60,000 |
| Timothy P Glynn JD | |||||||||||
| Law School Professor | $240,075 | $14,506 | $0 | $2,654 | $0 | $257,764 | $0 | $0 | $0 | $529 | |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | Joseph E. Nyre, Ph.D. became President/CEO/Trustee/Regent on August 1, 2019. Under the terms of his employment agreement with the University, the University provides him with certain permissible expense reimbursements, including for the business use of his residence, which are imputed as taxable income as appropriate. Where applicable, gross-up payments are made to him to cover the tax withholding impact associated with imputed income. As a condition of employment, the president is required to live in a Board of Regents (Board) approved residence which is in close proximity to the University's South Orange, New Jersey campus, and is suitable for entertaining groups large and small and conducting University business. Rather than the University initially purchasing a residence suitable for conducting University business, the employment agreement required the president to purchase a Board-approved residence with a loan from the University. The resulting expense ramifications to the University, which includes the impact of imputed income and gross-up payments to the president, are reported in this Form 990 and will also be reflected in the subsequent fiscal year's filing. Upon assessing the total expense to the University associated with these amounts, the president requested the Board modify the employment agreement to reduce his total annual compensation. A new agreement was entered into in June of 2021, the president conveyed the residence to the University for $1.00 on August 6, 2021, and his total compensation was reduced, all of which will be reflected in the fiscal year 2023 Form 990 filing and thereafter. For further information related to the residence, see the Schedule L, Part II narrative included in Part V supplemental information. Housing and related services are provided at no charge to members of its priest community, which includes an officer and certain regents and trustees as reflected in Part VII of the Form 990. Where appropriate, the value of these housing and related benefits is reflected in Part VII, Section A, Column F as other compensation and in Schedule J, Part II as nontaxable benefits for the priest who met the compensation requirement for inclusion in Schedule J. Membership fees for the University's Men's Basketball Coach, Kevin Willard, its Women's Basketball Coach, Anthony Bozzella, its Athletics Director, Bryan Felt, and its EVP/Chief of Staff, Patrick G. Lyons, were paid by the University to assist such individuals in their duties involving donor cultivation and fundraising for the University. The fees associated with their business-related attendance are included in nontaxable benefits in Schedule J, Part II. To the extent of any personal usage of same, a portion of these fees are included in the recipient's taxable income. Certain members of the University, including its President, Men's Basketball Coach, and Women's Basketball Coach and other members of the executive cabinet, are permitted to have their spouses accompany them to a limited number of University business events, including fundraising and alumni events. Where appropriate, the value of personal travel benefits is included in the recipient's taxable income. The compensation information reflected in the Form 990 is based on calendar year 2020 and was payable (or disclosable, as the case may be) consistent with the terms of each executive's underlying employment agreement, the existence of which generally pre-dates the onset of the COVID-19 pandemic and the University's response to same. |
| Part I, Line 4a | The Former VP for Administration received solely severance and accrued vacation pay in calendar year 2020. It is reported on Schedule J, Part II column (iii). |
| Part I, Line 4b | Certain key executives of the University participate in its 457(f) non-qualified deferred compensation plan, which is intended to permit the University to attract and retain talented individuals while requiring same to generally satisfy certain performance and employment continuation requirements as a precondition of his or her receipt of any amounts thereunder. During 2020, the following executives participated in the deferred compensation plan: Patrick G. Lyons, MBA, EVP/Chief of Staff: $100,000; Katia Passerini, Ph.D., Provost and EVP: $40,000; Kimberly A. Capadona, Esq., General Counsel: $30,900; and Jon Paparsenos, VP, University Advancement: $34,000. Deferred amounts which may be payable in the future are reflected in Column C of Schedule J, Part II for those executives who meet the compensation requirement for inclusion in Schedule J. |
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 |
|---|---|---|---|---|---|---|---|---|
| NJEFA - Seton Hall - Issue 2020C | ||||||||
| A | 221829511 | 6460667B0 | 2020-06-18 | $34,025,223 | SEE PART VI | false | false | false |
| NJEFA - Seton Hall - Issue 2011 A | ||||||||
| B | 221829511 | 646065U83 | 2011-06-10 | $37,578,532 | SEE PART VI | false | false | false |
| NJEFA - Seton Hall - CIF 2014 B | ||||||||
| C | 221829511 | 646066DG2 | 2014-04-29 | $19,369,367 | SEE PART VI | false | false | Yes (true) |
| NJEFA - Seton Hall - ISSUE 2017 D | ||||||||
| D | 221829511 | 646066V64 | 2017-06-29 | $41,827,193 | SEE PART VI | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $34,025,223 | $0 | $0 | $0 | $266,697 | $1,369,051 | $0 | $770,076 | $0 | $31,619,399 | 2023 | false | false | false | Yes (true) |
| B | $31,545,000 | $0 | $37,578,532 | $0 | $0 | $0 | $411,094 | $0 | $0 | $0 | $37,167,438 | $0 | 2011 | Yes (true) | false | Yes (true) | Yes (true) |
| C | $228,505 | $0 | $19,369,367 | $0 | $0 | $0 | $113,339 | $0 | $0 | $1,014,830 | $0 | $0 | 2015 | false | false | Yes (true) | Yes (true) |
| D | $0 | $0 | $41,827,193 | $0 | $0 | $0 | $348,259 | $0 | $0 | $0 | $41,478,934 | $0 | 2017 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0 | false | false | false | Yes (true) |
| B | 0 | ||||||||
| C | false | false | false | false | 0 | false | false | false | Yes (true) |
| D | false | false | false | false | 0 | false | false | false | Yes (true) |
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 | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||||
| A | false | Yes (true) | false | false | false | false | false | 0 | false | Yes (true) |
| 0 | ||||||||||
| B | false | false | false | Yes (true) | false | false | false | 0 | false | Yes (true) |
| 0 | ||||||||||
| C | false | false | false | Yes (true) | false | false | false | 0 | false | Yes (true) |
| 0 | ||||||||||
| D | false | Yes (true) | false | false | false | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, LINE 2C | FormAndLineReferenceDesc |
| Explanation | REBATE COMPUTATIONS WERE PERFORMED IN THE JUNE AND JULY 2021 TIME FRAME FOR ALL SETON HALL UNIVERSITY BOND ISSUES LISTED IN PART I. THERE IS NO REBATE LIABILITY RELATED TO ANY OF THE UNIVERSITY'S ISSUES AS OF JUNE 30, 2021. PART I, COLUMN(F) DESCRIPTION OF PURPOSE 1. SETON HALL UNIVERSITY ISSUE, 2020 SERIES C (CUSIP 6460667B0), WAS ISSUED BY THE NJEFA TO FUND CAPITAL IMPROVEMENTS ON THE UNIVERSITY'S CAMPUS. In connection with this issue, the University paid $1,369,051 for bond insurance. The University did not have any private business use since the only related factor was this insurance cost. 2. SETON HALL UNIVERSITY ISSUE, 2011 SERIES A, (CUSIP NUMBER 646065U83)WAS ISSUED BY THE NJEFA TO CURRENTLY REFUND SETON HALL UNIVERSITY'S 1999 REFUNDING, 2001 SERIES A, 2001 SERIES B, AND 2001 SERIES G BOND ISSUES.THE 1999 REFUNDING ISSUE WAS ISSUED IN JULY 1999 TO REFUND THE UNIVERSITY'S 1991 SERIES D AND 1989 SERIES C ISSUES. THE 1991 SERIES D AND THE 1989 SERIES C ISSUES WERE ISSUED TO FINANCE CAPITAL IMPROVEMENTS. THE 2001 SERIES A ISSUE WAS ISSUED IN JUNE 2001 TO REFUND THE UNIVERSITY'S 1991 SERIES A ISSUE WHICH REFUNDED THE UNIVERSITY'S 1985 SERIES A ISSUE WHICH WAS ISSUED TO FINANCE CAPITAL IMPROVEMENTS. THE 2001 SERIES B ISSUE WAS ISSUED IN JUNE 2001 TO REFUND THE UNIVERSITY'S 1991 SERIES B ISSUE WHICH WAS ISSUED TO REFUND THE UNIVERSITY'S 1988 SERIES B ISSUE WHICH WAS ISSUED TO REFUND THE UNIVERSITY'S 1976 SERIES A ISSUE AND TO FINANCE CAPITAL IMPROVEMENTS. THE 1976 SERIES A ISSUE WAS ISSUED TO FINANCE CAPITAL IMPROVEMENTS. THE 2001 SERIES G ISSUE WAS ISSUED IN JUNE 2001 TO FINANCE CAPITAL IMPROVEMENTS. 3. ON APRIL 29, 2014 THE NJEFA ISSUED CIF BONDS, 2014 SERIES B, AND ADVANCE REFUNDING CIF BONDS, 2014 SERIES D, PURSUANT TO A PROGRAM OF THE STATE OF NEW JERSEY TO FINANCE CAPITAL IMPROVEMENTS AT INSTITUTIONS OF HIGHER EDUCATION. ONE FORM 8038 WAS FILED BY THE NJEFA COVERING BOTH ISSUES, UNDER CUSIP NUMBER 646066DG2. GROSS PROCEEDS FROM BOTH ISSUES WERE $19,369,367 WITH THE 2014 B PORTION BEING $15,493,539 AND THE 2014 D PORTION BEING $3,875,828. THE UNIVERSITY'S PORTION OF THE $3,875,828 WAS $2,724,951 WITH $1,226,845 BEING DEBT AND THE REMAINDER BEING A GRANT. THE UNIVERSITY PAID OFF ITS 2014 SERIES D DEBT DURING IT'S FISCAL YEAR ENDED JUNE 30, 2021. THE PROCEEDS OF 2014 SERIES B WERE ALLOCATED TO SIX PRIVATE INSTITUTIONS OF HIGHER EDUCATION. SETON HALL'S APPORTIONED AMOUNT WAS $2,192,165. AFTER $12,165 OF APPORTIONED ISSUANCE COSTS, THE REMAINDER THAT WAS RECEIVED BY SETON HALL WAS $2,180,000, OF WHICH $1,165,170 WAS A GRANT AND $1,014,830 WAS DEBT REPAYABLE OVER 20 YEARS. BONDS ISSUED TO FINANCE GRANTS MUST BE APPROVED BY THE STATE TREASURER AND ARE REPAYABLE BY THE STATE SUBJECT TO APPROPRIATION. THE BONDS WERE SOLD BASED ON THE CREDIT OF THE STATE. EACH INSTITUTION ENTERED INTO A GRANT AGREEMENT OBLIGATING THE GRANTEE TO PAY A PORTION OF THE DEBT SERVICE ON THE BONDS ALLOCABLE TO THE GRANT. SETON HALL SPENT THE ENTIRE AMOUNT OF THE DEBT PROCEEDS ALLOCATED TO IT ON CAPITAL IMPROVEMENTS. 4. SETON HALL UNIVERSITY ISSUE, 2017 SERIES D (CUSIP 646066V64), WAS ISSUED BY THE NJEFA TO REFUND THE UNIVERSITY'S 2008 SERIES D BONDS AND TO PAY $4,872,000 FOR THE TERMINATION OF SWAP AGREEMENTS. 5. SETON HALL UNIVERSITY ISSUE, 2013 SERIES D, (CUSIP 6460656D9) WAS ISSUED BY THE NJEFA TO CURRENTLY REFUND SETON HALL UNIVERSITY'S 2009 C BONDS SOLD DIRECTLY TO CAPITAL ONE, N.A., FINANCE A PORTION OF THE COST OF TERMINATING THE UNIVERSITY'S INTEREST RATE SWAP AGREEMENT WITH CITIBANK, N.A. THAT HEDGED INTEREST RATE EXPOSURE RELATED TO THE 2009 C BONDS, AND TO FINANCE CAPITAL IMPROVEMENTS. THE UNIVERSITY'S 2009 SERIES C BONDS REFUNDED THE UNIVERSITY ISSUE, 1998 SERIES F, ISSUED ON JUNE 29, 1998 BY THE NJEFA TO REFUND A 1991 SERIES D SETON HALL UNIVERSITY ISSUE THAT FINANCED CAPITAL IMPROVEMENTS AT THE UNIVERSITY. THE PORTION OF THE 2013 D TOTAL PROCEEDS OF $43,935,728 THAT WAS USED TO REFUND THE 2009 C BONDS AND TO FINANCE A PORTION OF THE COST TO TERMINATE THE RELATED SWAP AGREEMENT WAS $7,800,307. 6. SETON HALL UNIVERSITY ISSUE, 2015 C (CUSIP 646066MC1) WAS ISSUED BY THE NJEFA TO ADVANCE REFUND SETON HALL UNIVERSITY'S 2008 SERIES E BONDS. THE PROCEEDS OF $24,255,807, WHICH INCLUDED A DEBT PREMIUM OF $2,050,807, TOGETHER WITH $1,850,957 OF 2008 SERIES E DEBT SERVICE RESERVE FUNDS, WERE DEPOSITED IN AN IRREVOCABLE TRUST TO PAY INTEREST ALONG WITH PRINCIPAL OUTSTANDING OF $22,030,000 ON ITS 2008 SERIES E BONDS THROUGH JULY 1, 2019, AND PAY BOND ISSUANCE COSTS OF $306,564. THE 2008 SERIES E ISSUE, ALONG WITH 2008 SERIES D, WERE ISSUED BY THE NJEFA TO CURRENTLY REFUND SETON HALL UNIVERSITY ISSUES, 2005 SERIES C AND 2006 SERIES A. THE 2005 SERIES C ISSUE FINANCED CAPITAL IMPROVEMENTS AT THE UNIVERSITY. THE 2006 SERIES A ISSUE REFUNDED THE UNIVERSITY'S 1996 SERIES E ISSUE, WHICH WAS FOR CAPITAL IMPROVEMENTS AND FOR REFUNDING THE UNIVERSITY'S 1989 SERIES C ISSUE, WHICH WAS FOR CAPITAL IMPROVEMENTS. 7. SETON HALL UNIVERSITY ISSUE, 2016 SERIES C (CUSIP 646066B66), WAS ISSUED BY THE NJEFA TO FUND CAPITAL IMPROVEMENTS ON THE UNIVERSITY'S CAMPUS. 8. ON JULY 26, 2016 THE NJEFA ISSUED CIF BONDS, 2016 SERIES A, AND REFUNDED CIF BONDS, 2006 SERIES A, AND OTHER SERIES OF CIF BONDS, PURSUANT TO A PROGRAM OF THE STATE OF NEW JERSEY TO FINANCE CAPITAL IMPROVEMENTS AT INSTITUTIONS OF HIGHER EDUCATION. THE BONDS WERE ISSUED PRIVATELY (THEREFORE NO CUSIP #)IN THE PRINCIPAL AMOUNT OF $20,805,115 WHICH WAS ALLOCATED TO FOURTEEN PRIVATE INSTITUTIONS IN NEW JERSEY. THE UNIVERSITY'S SHARE OF THE PROCEEDS WAS $2,326,537, OF WHICH $1,134,796 WAS USED TO REFUND THE REMAINING UNIVERSITY BALANCE OF 2006 SERIES A AND THE REMAINDER REFUNDED OTHER STATE ISSUES THAT PROVIDED GRANT FUNDS FOR CAPITAL IMPROVEMENTS TO THE UNIVERSITY IN PRIOR YEARS. THE 2006 SERIES A BONDS PARTIALLY ADVANCE REFUNDED THE 2004 SERIES A BONDS AND OTHER SERIES OF CIF BONDS FOR CAPITAL IMPROVEMENTS. THE AMOUNTS PAYABLE TO THE STATE BY EACH INSTITUTION WERE ADJUSTED TO TAKE ACCOUNT OF ALLOCABLE DEBT SERVICES SAVINGS. 9. ON DECEMBER 20, 2016 THE NJEFA ISSUED CIF BONDS, 2016 SERIES B,PURSUANT TO A PROGRAM OF THE STATE OF NEW JERSEY TO FINANCE CAPITAL IMPROVEMENTS AT INSTITUTIONS OF HIGHER EDUCATION. ONE FORM 8038 WAS FILED BY THE NJEFA COVERING THE ISSUE UNDER CUSIP NUMBER 646066F54. THE BONDS WERE ISSUED IN THE PRINCIPAL AMOUNT OF $30,676,062 WHICH WAS ALLOCATED TO A TOTAL OF TWELVE PRIVATE INSTITUTIONS IN NEW JERSEY. THE UNIVERSITY'S APPORTIONED AMOUNT, AFTER $12,153 OF APPORTIONED ISSUANCE COSTS, WAS $1,500,000. OF THIS AMOUNT THAT WAS RECEIVED BY THE UNIVERSITY, $766,748 WAS A GRANT AND $733,252 WAS DEBT REPAYABLE OVER TWENTY YEARS. BOTH AMOUNTS WERE TO BE SPENT ON CAPITAL IMPROVEMENTS. BONDS ISSUED TO FINANCE GRANTS MUST BE APPROVED BY THE STATE TREASURER AND ARE PAYABLE BY THE STATE SUBJECT TO APPROPRIATION. THE BONDS ARE SOLD BASED ON THE CREDIT OF THE STATE. EACH INSTITUTION ENTERED INTO A GRANT AGREEMENT OBLIGATING THE GRANTEE TO PAY HALF OF THE DEBT SERVICE ON THE BONDS ALLOCABLE TO THE GRANT. | ExplanationTxt |
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 |
|---|---|---|---|---|---|---|---|---|
| NJEFA - Seton Hall - Issue 2013 D | ||||||||
| A | 221829511 | 6460656D9 | 2013-07-10 | $43,935,728 | SEE PART VI | false | false | false |
| NJEFA - Seton Hall - ISSUE 2015 C | ||||||||
| B | 221829511 | 646066MC1 | 2015-07-14 | $24,225,807 | SEE PART VI | false | false | false |
| NJEFA - Seton Hall - ISSUE 2016 C | ||||||||
| C | 221829511 | 646066B66 | 2016-09-15 | $38,059,002 | SEE PART VI | false | false | false |
| NJEFA - Seton Hall - CIF 2016 A | ||||||||
| D | 221829511 | 2016-07-26 | $20,805,115 | SEE PART VI | false | false | Yes (true) | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $11,855,000 | $0 | $43,935,728 | $0 | $2,405,009 | $0 | $522,077 | $0 | $0 | $33,208,335 | $7,800,307 | $0 | 2014 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $4,170,000 | $0 | $24,255,807 | $0 | $0 | $0 | $306,564 | $0 | $0 | $0 | $23,949,243 | $0 | 2015 | false | Yes (true) | Yes (true) | Yes (true) |
| C | $0 | $0 | $38,059,002 | $0 | $1,655,530 | $0 | $403,472 | $0 | $0 | $36,000,000 | $0 | $0 | 2018 | false | false | Yes (true) | Yes (true) |
| D | $50,351 | $0 | $20,805,115 | $0 | $0 | $0 | $48,426 | $0 | $0 | $0 | $1,046,461 | $0 | 2016 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0 | false | false | false | Yes (true) |
| B | 0 | ||||||||
| C | false | false | false | false | 0 | false | false | false | Yes (true) |
| D | false | false | false | false | 0 | false | false | false | Yes (true) |
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 | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||||
| A | false | false | false | Yes (true) | false | false | false | 0 | false | Yes (true) |
| 0 | ||||||||||
| B | false | false | false | Yes (true) | false | false | false | 0 | false | Yes (true) |
| 0 | ||||||||||
| C | false | Yes (true) | false | false | false | false | false | 0 | false | Yes (true) |
| 0 | ||||||||||
| D | false | Yes (true) | Yes (true) | false | false | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
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 | NJEFA - SETON HALL - CIF 2016 B | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 221829511 | BondIssuerEIN |
| CUSIP | 646066P54 | CUSIPNum |
| Bond Issued | 2016-12-20 | BondIssuedDt |
| Issue Price | $30,676,062 | IssuePriceAmt |
| Purpose | SEE PART VI | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | Yes (true) | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $89,839 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $30,676,062 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $246,539 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $733,252 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2019 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | false | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (true) | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joseph E Nyre PhD | PersonNm |
| Relationship With Org | President/CEO/Trustee/Regent | RelationshipWithOrgTxt |
| Loan Purpose | Home Purchase | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $2,894,000 | OriginalPrincipalAmt |
| Balance Due | $2,894,000 | BalanceDueAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | Yes (true) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $2,894,000 | TotalBalanceDueAmt |
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Total of 9 | PersonNm |
| Cash Grant | $179,707 | CashGrantAmt |
| Type Of Assistance | Scholar/Tuition Remission | TypeOfAssistanceTxt |
| Assistance Purpose | Education | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| MARY ANN CHRISTOPHER | |||
| Brother of Trustee/Regent | $258,000 | LEGAL SERVICES | false |
| Tracy HGottlieb | |||
| Sister of Officer | $169,090 | COMPENSATION & BENEFITS | false |
| Tracy HGottlieb | |||
| Sister of Officer | $68,742 | COMPENSATION & BENEFITS | false |
| Tracy HGottlieb | |||
| Daughter-in-law of Officer | $135,998 | COMPENSATION & BENEFITS | false |
| MATTHEW BOROWICK | |||
| DAUGHTER OF OFFICER | $59,724 | COMPENSATION & BENEFITS | false |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part II - Loans to and/or From Interested Persons | As disclosed in the Form 990 filing for the University's fiscal year ended June 30, 2020, and in Schedule J, Part III of this Form 990, as a condition of employment, the president is required to live in a Board of Regents (Board) approved residence suitable for entertaining groups large and small and conducting University business. Rather than the University initially purchasing a residence suitable for conducting University business, the employment agreement required the president to purchase a Board approved residence with a loan from the University. The 2019 loan, which was secured by the residence, was for 30 years in the amount of $2,894,000. It fully financed the purchase of the residence. Loan principal was to be paid upon maturity or termination of employment. Annual payments were to be for interest only, unless interest was forgiven by the Board, which was the case in calendar year 2020, based on its determination that his residence was used for substantial official University functions and business on a continuous basis. Interest forgiveness was imputed into his taxable income, with a gross-up payment made to him to cover the tax withholding impact of the imputed income. On August 6, 2021, Dr. Nyre conveyed the residence to the University for $1.00 for the reasons noted in Schedule J, Part III. In connection with the conveyance, the loan of $2,894,000 was discharged in its entirety. |
| Part III - Grants or Assistance Benefiting Interested Persons | Seton Hall University is not required to identify interested persons to whom assistance was provided under the Family Educational Rights and Privacy Act (FERPA). |
| Part IV - Business Transactions Involving Interested Persons | The brother of Mary Ann Christopher, trustee/Regent, is a partner in the Law Firm of Gibbons P.C. Seton Hall University paid Gibbons P.C. $258,080, for legal services in the year ended June 30, 2021. The two sisters and daughter-in-law of Dr. Tracy H. Gottlieb, Former V.P. for Student Services, served as employees of the University. In fiscal year 2021,they received total compensation and benefits of $169,090, $68,742, and $135,998, respectively. The daughter of Matthew Borowick, MBA, Interim V.P. Advancement, served as an employee of the University. In fiscal year 2021, she received total compensation and benefits of $59,724. All transactions with interested persons were conducted at arm's length, for good sufficient consideration, based on terms that are fair and reasonable to and for the benefit of the University. The applicable interested persons had no influence over the decisions to enter into the transactions. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $75,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 31 | ContributionCnt |
| Noncash Contributions Rpt F990 | $564,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Selling price | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | MISCELLANEOUS | Desc |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $41,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 32b | FormAndLineReferenceDesc |
| Explanation | Auction companies are used to process and/or sell noncash contributions in "silent auctions" at several fundraising events. To the extent Seton Hall University receives donations of publicly traded securities, it's investment broker is engaged to sell those securities. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 1 | Seton Hall University (the "University") is the nation's oldest Diocesan Catholic University. In a diverse and collaborative environment, it focuses on academic, ethical, and spiritual development. Seton Hall students are prepared to be leaders in their professional and community lives in a global society and are challenged by outstanding faculty, a technologically advanced setting, and values-centered curricula. The University is home to ten nationally recognized and accredited schools located on three campuses, all within 15 miles of New York City. Its main campus is in South Orange, New Jersey, its nationally ranked Law School is in Newark, New Jersey, and its Interprofessional Health Sciences ("IHS") campus is in the City of Clifton and the Township of Nutley, New Jersey. Within these ten schools, the professors of Seton Hall educate, shape and develop approximately 5,900 undergraduate and 3,900 graduate students, who are enrolled in more than 90 rigorous majors. This has led to the University being nationally recognized for academic excellence by the Princeton Review, U.S. News and World Report, and Bloomberg Businessweek. The University remains a pioneer in Catholic education. In June 2015, the University and Hackensack University Health Network ("HUHN"), acting on behalf of Hackensack University Medical Center ("HUMC"), signed an agreement to establish the principle elements of a long-term relationship to develop an undergraduate school of medicine, as well as sponsor graduate medical education programs. In October 2015, the University and HUMC formed Kingsland Street Urban Renewal, LLC ("Kingsland") for the purposes of leasing and renovating a location for the University's new IHS campus, which was to house the school of medicine, as well as the University's College of Nursing("CON") and School of Health and Medical Sciences ("SHMS"). Kingsland executed the lease in June 2016, with lease commencement in September 2016. Through March 18, 2018, the University had a 50% membership interest in Kingsland. Kingsland is exempt from federal income taxes under Section 501(a) of the Internal Revenue Code as an organization described in Section 501(c)(3). In January 2016, the University and HUHN formed the Seton Hall-Hackensack School of Medicine, a nonprofit New Jersey corporation. HUHN subsequently became Hackensack Meridian Health, Inc. ("HMH") after its merger with Meridian Health System, Inc. in July 2016. In March 2017, an agreement was reached between HMH and the University that superseded the June 2015 agreement. Under this agreement, both the University and HMH controlled 50% of the School of Medicine, and the name of the school was changed to the Seton Hall-Hackensack Meridian School of Medicine ("SOM"). The SOM is exempt from federal income taxes under Section 501(a) of the Internal Revenue Code as an organization described in Section 501(c)(3). The University agreed to offer, under its existing accreditations and regulatory approvals, the SOM academic degree program (the "MD Program"). The University received preliminary accreditation from the Liaison Committee on Medical Education (the "LCME")to operate the MD program in February 2018. The MD program commenced academic operations in July 2018 with the University being the degree-granting institution. On March 19, 2018, the University and HMH reached an agreement for the transition of the MD Program and the full control of the SOM to HMH. Under this agreement, the University's membership interest in Kingsland was transferred to HMH and all costs associated with the Kingsland lease were assumed by HMH, with a sublease established with the University. In addition, the entire financial responsibility for the SOM was transferred to HMH effective July 1, 2018, although the University continued to perform certain administrative functions for the SOM. The name of the MD Program was changed to the Hackensack Meridian School of Medicine at Seton Hall University. The University retained full control of academic matters associated with the MD Program until such time as the SOM earned independent accreditation as a standalone entity with the LCME and Middle States, and the appropriate actions had taken place related to all other applicable regulatory bodies. In June 2020, the University was notified by HMH that HMH and the SOM had obtained all the accreditations and regulatory approvals necessary for the SOM to operate the MD Program as a standalone medical school, independent of the University's accreditation. Effective July 3, 2020, control of the MD Program was transferred to HMH. The University is no longer the degree granting institution. The name of the MD Program was changed to the Hackensack Meridian School of Medicine ("HMSOM"). Academic and administrative functions provided by the University were terminated, apart from certain limited functions that could not be completed by July 3, 2020. In addition, the University, HMH and HMSOM entered into a release and indemnification agreement to hold each other harmless for certain claims that arose prior to July 3, 2020 and that may arise subsequent to that date. The Strategic Academic Partnership Agreement entered into between the University, HMH and the SOM prior to July 3, 2020 shall remain in effect. The University will remain a strategic academic partner of HMH and the HMSOM whereby the University and the HMSOM will have an integrated curriculum, 25% of the seats in each class of the MD Program will be reserved for University graduates who reside in New Jersey, provided they meet the standards of admission set by the HMSOM, and the University's CON and SHMS students will continue to have broad access to train at HMH hospitals. In addition, the University and HMH will co-own the IHS campus when the Kingsland lease and the University's sublease expire. Robert C. Garrett, Regent, is the CEO at HMH, and also on the Board of Governors of the SOM. The University and HMH are strategic academic partners in the SOM. Neither HMH nor the SOM are considered related parties of the University. |
| Form 990, Part VI | PART VI, SECTION A, LINE 7A: THE BOARD OF REGENTS IS RESPONSIBLE FOR THE ENTIRE MANAGEMENT OF THE AFFAIRS AND CONCERNS OF THE UNIVERSITY. THE BOARD OF REGENTS IS VESTED WITH THE RESPONSIBILITY, POWER, AND AUTHORITY TO GOVERN THE UNIVERSITY AND SHALL EXERCISE THE CORPORATE POWERS OF THE UNIVERSITY UNDER LAW. BOARD OF REGENT EMERITI DO NOT HAVE VOTING PRIVILEGES. PART VI, SECTION A, LINE 7B: THE BOARD OF TRUSTEES STAND IN THE STEAD OF THE ORIGINAL INCORPORATORS OF SETON HALL COLLEGE AND HAVE THE RIGHTS AND POWERS RESERVED TO IT BY THE UNIVERSITY'S BY-LAWS. THOSE POWERS INCLUDE THE RIGHT TO AMEND THE UNIVERSITY'S ORGANIZING DOCUMENTS, TO AUTHORIZE THE SALE OF ANY UNIVERSITY PROPERTY AND, MOST IMPORTANTLY, TO ELECT THE BOARD OF REGENTS. PART VI, SECTION B, LINE 11: THE BOARD OF REGENTS ADOPTED A WRITTEN POLICY CHARGING THE AUDIT COMMITTEE WITH THE RESPONSIBILITY TO CONDUCT, ON AN ANNUAL BASIS, AN APPROPRIATE REVIEW OF THE UNIVERSITY'S COMPLETED FORM 990 AND FORM 990-T PRIOR TO FILING WITH INTERNAL REVENUE SERVICE. THE AUDIT COMMITTEE IS ALSO CHARGED WITH MAKING AN APPROPRIATE REPORT AND RECOMMENDATION TO THE BOARD OF REGENTS ON THEIR REVIEW. FOLLOWING REVIEW BY THE AUDIT COMMITTEE, FORMS 990 AND 990-T ARE SUBMITTED TO THE ENTIRE BOARD OF REGENTS FOR ITS REVIEW AND APPROVAL FOR FILING WITH THE INTERNAL REVENUE SERVICE. THE BOARD OF REGENTS SHALL CONTEMPORANEOUSLY DOCUMENT THE MEETING AT WHICH THE FORMS 990 AND 990-T ARE REVIEWED AND APPROVED FOR FILING. PART VI, SECTION B, LINE 12C: THE UNIVERSITY'S CONFLICT OF INTEREST POLICY IS POSTED ON THE UNIVERSITY'S WEB SITE. ALL NEW EMPLOYEES ARE MADE AWARE OF THE POLICY AT THE TIME OF HIRE. FOR SENIOR MANAGEMENT, THE UNIVERSITY REQUIRES AN ANNUAL DISCLOSURE OF SIGNIFICANT FINANCIAL INTERESTS IN, OR EMPLOYMENT OR CONSULTING RELATIONSHIPS WITH, ENTITIES DOING BUSINESS WITH THE UNIVERSITY. THESE ANNUAL DISCLOSURES COVER BOTH SENIOR MANAGEMENT AND THEIR IMMEDIATE FAMILY MEMBERS. WHEN SUCH RELATIONSHIPS EXIST, MEASURES ARE TAKEN TO ADDRESS THE ACTUAL OR PERCEIVED CONFLICT TO PROTECT THE BEST INTERESTS OF THE UNIVERSITY. THE POLICY REQUIRES, AMONG OTHER THINGS, THAT NO MEMBER OF THE BOARD OF REGENTS OR ITS COMMITTEES CAN PARTICIPATE IN ANY DECISION IN WHICH HE OR SHE (OR AN IMMEDIATE FAMILY MEMBER) HAS A MATERIAL FINANCIAL INTEREST. EACH REGENT IS REQUIRED TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND INDICATE WHETHER THE UNIVERSITY DOES BUSINESS WITH AN ENTITY IN WHICH A REGENT HAS A MATERIAL FINANCIAL INTEREST. WHEN SUCH RELATIONSHIPS EXIST, MEASURES ARE TAKEN TO MITIGATE ANY ACTUAL OR PERCEIVED CONFLICT, INCLUDING REQUIRING THAT SUCH TRANSACTIONS BE CONDUCTED AT ARM'S LENGTH, FOR GOOD AND SUFFICIENT CONSIDERATION, BASED ON TERMS THAT ARE FAIR AND REASONABLE TO AND FOR THE BENEFIT OF THE UNIVERSITY, AND IN ACCORDANCE WITH RELEVANT CONFLICT OF INTEREST LAWS. THE UNIVERSITY IS UNAWARE OF ANY SUCH ASSOCIATIONS CONSIDERED TO BE SIGNIFICANT. PART VI, SECTION B, LINE 15: SETON HALL UNIVERSITY CAN ENSURE AND DEMONSTRATE THAT OUR COMPENSATION ACTIONS DO NOT INURE TO THE BENEFIT OF A PRIVATE INDIVIDUAL. WE CAN DEMONSTRATE THAT THE COMPENSATION OF ALL DISQUALIFIED PERSONS, SUCH AS OFFICERS, DIRECTORS, AND KEY EMPLOYEES, IS CONSIDERED REASONABLE AND WOULD ORDINARILY BE PAID FOR LIKE SERVICES BY LIKE ENTERPRISES UNDER LIKE CIRCUMSTANCES. THE REASONABLENESS OF OUR COMPENSATION TAKES INTO ACCOUNT ALL BENEFITS. ANY COMPENSATION TRANSACTIONS FOR THESE INDIVIDUALS ARE APPROVED BY AN AUTHORIZED BODY OF INDIVIDUALS WHO HAVE NO CONFLICT OF INTEREST. UTILIZING A COMPENSATION CONSULTANT, APPROPRIATE COMPENSATION DATA IS RELIED UPON FOR COMPARABILITY AND PROOF OF FAIR MARKET VALUE, BEFORE MAKING A DECISION. COMPENSATION DECISIONS AND REPORTS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE MEETING OF THE COMMITTEE WHEN THE DECISIONS ARE MADE. PART VI, SECTION C, LINE 19: THE UNIVERSITY'S BY-LAWS AND ITS CONFLICT OF INTEREST POLICY ARE POSTED ON THE UNIVERSITY'S WEBSITE. |
| Form 990, Part VII, Section A | Jon Paparsenos became VP for University Advancement on November 2, 2020. Matthew Borowick M.B.A. stepped down as Interim VP for University Advancement and became VP for University Relations on November 3, 2020. Michele Nelson, Ph.D. became VP for Board Affairs and Strategy in August 2020. Reverend Collin Kay became VP for Mission and Ministry on September 21, 2020. Monsignor C.Anthony Z. Ziccardi, S.T.D., S.S.L, stepped down as VP for Mission and Ministry on September 20, 2020. Kimberly A. Capadona, ESQ. became VP and General Counsel on April 27, 2020. Katia Passerini, PH.D. became Executive Vice President and Provost on June 5, 2020. Karen Boroff, PH.D. stepped down as Interim Provost on June 4, 2020. |
| Form 990, Part XI, Line 9 | Provision for uncollectible contributions receivable of $177,000 less the change in value of split-interest agreements of $692,000. |
| COVID-19 PANDEMIC | IN MARCH 2020, IN RESPONSE TO THE NOVEL CORONAVIRUS COVID-19 PANDEMIC, THE UNIVERSITY TRANSITIONED TO REMOTE LEARNING FOR ALL COURSES FOR THE REMAINDER OF THE SPRING TERM. FOR THE FALL 2020 TERM, THE UNIVERSITY INITIALLY REOPENED ITS CAMPUS USING SMALLER IN-PERSON CLASSES WITH SCREENING, SOCIAL DISTANCING, AND MASKING REQUIREMENTS, WHILE CONTINUING TO OFFER COURSES IN A VIRTUAL SETTING FOR THOSE THAT PREFER REMOTE COURSE LEARNING. HOWEVER, IN NOVEMBER 2020, IN RESPONSE TO AN INCREASE IN COVID-19 CASES IN NEW JERSEY, THE UNIVERSITY TRANSITIONED BACK TO REMOTE COURSE LEARNING FOR THE REMAINDER OF THE ACADEMIC YEAR. FOR THE FALL 2021 TERM, THE UNIVERSITY REOPENED ITS CAMPUS. The University continues to closely monitor government guidance and public statistics, and to refine safety protocols to address the changing health environment. During the fiscal years ended June 30, 2021 and 2020, the federal government provided higher education institutions with Higher Education Emergency Relief Funding ("HEERF"), which was allocated under various acts of Congress. The Coronavirus Aid, Relief, and Economic Securities Act ("CARES") was signed into law on March 27, 2020 and provided the University with total funding of $5,750,000 under HEERF I. The Coronavirus Response and Relief Supplemental Appropriations Act ("CRRSAA") was signed into law on December 27, 2020 and provided the University with total funding of $8,858,000 under HEERF II. The American Rescue Plan ("ARP") was signed into law on March 11, 2021. The University did not receive any funding under HEERF III in 2021. Each of these awards has a student aid portion and an institutional portion. The Department of Education provided required uses of the funds for both the student portion and institutional portion and until the conditions associated with those requirements are satisfied, revenue cannot be recognized, in accordance with ASU 2018-08. During the year ended June 30, 2021, the University incurred nonrecurring COVID-19 pandemic expenses of $9,555,000 for emergency grants to students under the HEERF program, shielding, ventilation improvements, personal protective equipment, safety barriers, COVID testing, quarantining, contact tracing, remote learning, additional dining services, cleaning, supplies, and signage. Also, during the year ended June 30, 2021, the University recognized HEERF student share revenues of $3,019,000, offsetting the emergency grants provided to students (see COVID-19 Relief Grants in Schedule I, Part III). |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Roman Catholic Archdiocese of Newark | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 Clifton Avenue | AddressLine1Txt |
| City | Newark | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221487308 | EIN |
| Primary Activities | See Part VII | PrimaryActivitiesTxt |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 1 | PublicCharityStatusTxt |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II : Identification of Related Tax-Exempt Org. Primary Activity | FormAndLineReferenceDesc |
| Explanation | Primary activity of Roman Catholic Archdiocese of Newark - oversees the Catholic church in certain counties of New Jersey. | ExplanationTxt |
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