HOFSTRA UNIVERSITY: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
HOFSTRA UNIVERSITY (EIN 11-1630906)
Tax period
2019-09-01 to 2020-08-31
Filed
2021-07-12
IRS object ID
202101939349300540
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-07-12T14:23:38-05:00ReturnTs
Tax Period End2020-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1757 THIRD AVENUE 9TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN111630906EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HOFSTRA UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% OFFICE OF FINANCIAL AFFAIRSInCareOfNm
Business Name ControlHOFSBusinessNameControlTxt
Phone5164636820PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1128 HOFSTRA UNIVERSITYPHILLIPS HALAddressLine1Txt
CityHEMPSTEADCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11549ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCATHERINE HENNESSYPersonNm
Person TitleSVP FINANCIAL AFFAIRPersonTitleTxt
Phone5164636820PhoneNum
Signature2021-07-12SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDaniel RomanoPreparerPersonNm
PTINP00504182PTIN
Phone2125429609PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTUART RABINOWITZ PRESIDENTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1128 HOFSTRA UNIVERSITYAddressLine1Txt
CityHEMPSTEADCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11549ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$800,668,930GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.hofstra.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1935FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionINSTITUTION OF HIGHER LEARNINGActivityOrMissionDesc
Voting Members Governing Body30VotingMembersGoverningBodyCnt
Voting Members Independent30VotingMembersIndependentCnt
Total Employee6749TotalEmployeeCnt
Total Volunteers1150TotalVolunteersCnt
Total Gross UBI$63,663TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$8,327NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$46,523,024PYContributionsGrantsAmt
CY Contributions Grants$32,586,515CYContributionsGrantsAmt
PY Program Service Revenue$516,236,573PYProgramServiceRevenueAmt
CY Program Service Revenue$504,705,091CYProgramServiceRevenueAmt
PY Investment Income$30,372,508PYInvestmentIncomeAmt
CY Investment Income$38,742,603CYInvestmentIncomeAmt
PY Other Revenue-$204,948PYOtherRevenueAmt
CY Other Revenue$185,863CYOtherRevenueAmt
PY Total Revenue$592,927,157PYTotalRevenueAmt
CY Total Revenue$576,220,072CYTotalRevenueAmt
PY Grants And Similar Paid$159,349,007PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$169,161,365CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$279,204,185PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$272,026,895CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$276,876PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$328,750CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,315,885CYTotalFundraisingExpenseAmt
PY Other Expenses$113,762,593PYOtherExpensesAmt
CY Other Expenses$107,195,275CYOtherExpensesAmt
PY Total Expenses$552,592,661PYTotalExpensesAmt
CY Total Expenses$548,712,285CYTotalExpensesAmt
PY Revenues Less Expenses$40,334,496PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$27,507,787CYRevenuesLessExpensesAmt
Total Assets BOY$1,235,224,804TotalAssetsBOYAmt
Total Assets EOY$1,293,010,236TotalAssetsEOYAmt
Total Liabilities BOY$371,208,530TotalLiabilitiesBOYAmt
Total Liabilities EOY$366,094,063TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$864,016,274NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$926,916,173NetAssetsOrFundBalancesEOYAmt
MissionINSTITUTION OF HIGHER LEARNING OFFERING UNDERGRADUATE AND GRADUATE PROGRAMS, ALONG SIDE CO-CURRICULAR, CULTURAL PROGRAMS AND ACTIVITIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$444,556,512ExpenseAmt
Grant$166,531,491GrantAmt
Revenue$471,257,363RevenueAmt
DescInstruction and related academic support, including research and public services, sponsored programs, scholarships, fellowships and other expenses benefiting the community. (Fall 2019 full-time equivalents of 9,892)Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$40,371,759ExpenseAmt
Grant$2,629,874GrantAmt
Revenue$33,447,728RevenueAmt
DescAuxiliary enterprises, including residence halls and food service. (approximately 2,908 students in residence halls)Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$484,928,271TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document714IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee6749EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members30GoverningBodyVotingMembersCnt
Independent Voting Member30IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VentureYes (true)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (true)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonOFFICE OF FINANCIAL AFFAIRSPersonNm
Phone5164636820PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1128 HOFSTRA UNIVERSITYPHILLIPS HALAddressLine1Txt
CityHEMPSTEADCityNm
State AbbreviationNYStateAbbreviationCd
ZIP115491280ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Stuart Rabinowitz
President (See Sch J Notes)60.00.0Yes (X)Yes (X)$1,546,660$0$346,015
Catherine Hennessy
SVP FOR FINANCE & TREASURER60.00.0Yes (X)$634,775$0$86,402
Lawrence Smith
Dean, School of Medicine60.00.0$677,587$0$33,169Yes (X)
M Patricia Adamski
SR VP FOR PLAN & ADM60.00.0Yes (X)$606,911$0$58,029
Dolores Fredrich
SVP FOR LEGAL AFFAIRS60.00.0Yes (X)$584,644$0$70,471
Herman Berliner
Provost & SVP Academic Affairs60.00.0Yes (X)$467,561$0$99,086
Joseph Mihalich
Mens Basketball Coach60.00.0$508,628$0$49,582Yes (X)
Alan Kelly
VP FOR DEVELOPMENT60.00.0Yes (X)$442,188$0$72,051
Sina Rabbany
Dean, School of Engineering60.00.0$412,372$0$49,051Yes (X)
Gail Prudenti
Dean, School of Law60.00.0$417,353$0$14,827Yes (X)
Gail Simmons
SVP for Academic Affairs60.00.0$386,418$0$33,471Yes (X)
W Houston Dougharty
VP FOR STUDENT AFFAIRS60.00.0Yes (X)$291,224$0$122,816
Melissa Connolly
VP for UNIV RELATIONS60.00.0Yes (X)$287,900$0$122,231
Jessica Eads
VP FOR ENROLLMENT MANAGEMENT60.00.0Yes (X)$335,141$0$70,243
Joseph Barkwill
VP FOR FACILITIES60.00.0Yes (X)$319,964$0$63,372
Richard Cole
VP - Athletics60.00.0Yes (X)$331,205$0$39,090
Stephen Fabiani
VP of Information Technology60.00.0Yes (X)$332,314$0$14,560
Lawrence Levy
Associate Vice President60.00.0Yes (X)$244,806$0$76,494
Jeffrey Hathaway
VP - Athletics (Until 1/15/19)60.00.0$200,032$0$12Yes (X)
Alan J Bernon
Trustee3.00.0Yes (X)$0$0$0
Dr Leo A Guthart
Trustee2.00.0Yes (X)$0$0$0
Mr Peter S Kalikow
Trustee2.00.0Yes (X)$0$0$0
Arthur J Kremer Esq
Trustee2.00.0Yes (X)$0$0$0
Mr David S Mack
Trustee2.00.0Yes (X)$0$0$0
Janis M Meyer Esq
Trustee2.00.0Yes (X)$0$0$0
Mr John D Miller
Trustee2.00.0Yes (X)$0$0$0
Marilyn B Monter
Trustee2.00.0Yes (X)$0$0$0
Ms Martha S Pope
Trustee2.00.0Yes (X)$0$0$0
Robert Rosenthal
Trustee2.00.0Yes (X)$0$0$0
Mr Frank G Zarb
Trustee2.00.0Yes (X)$0$0$0
Debra A Sandler
Trustee2.00.0Yes (X)$0$0$0
Thomas J Sanzone
Trustee2.00.0Yes (X)$0$0$0
Joseph Sparacio
Trustee2.00.0Yes (X)$0$0$0
Arno H Fried
Trustee2.00.0Yes (X)$0$0$0
Diana E Lake
Trustee2.00.0Yes (X)$0$0$0
Julio A Portalatin
Trustee2.00.0Yes (X)$0$0$0
Kenneth Brodlieb
Trustee2.00.0Yes (X)$0$0$0
Michael Seiman
Trustee2.00.0Yes (X)$0$0$0
Leonard H Shapiro
Trustee2.00.0Yes (X)$0$0$0
Elizabeth McCaul
Trustee2.00.0Yes (X)$0$0$0
Michael Roberge
Trustee2.00.0Yes (X)$0$0$0
Donald M Schaeffer
Trustee2.00.0Yes (X)$0$0$0
Steven C Witkoff
Trustee2.00.0Yes (X)$0$0$0
Susan Catalano
Trustee2.00.0Yes (X)$0$0$0
Randy Levine
Trustee2.00.0Yes (X)$0$0$0
Stella Mendes
Trustee2.00.0Yes (X)$0$0$0
Michael Delaney
Trustee2.00.0Yes (X)$0$0$0
Joanne Minieri
Trustee2.00.0Yes (X)$0$0$0
Samuel Ramos
Trustee2.00.0Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$9,027,683TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,420,972TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K621IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Stuart Berger Construction Corp
368 Ocean AvenueLYNBROOKNY11563Construction$2,145,944
NCS PEARSON
3975 CONTINENTAL DRIVECOLUMBIAPA17512ONLINE LAW SERVICES$1,098,790
Structure Tone LLC
770 Broadway 9th FloORNEW YORKNY10003Construction$3,858,925
JECA ASSOCIATES INC
23 KNIGHT ROAD PO BOX 4240WAYNENJ07474Construction$2,001,987
PAVEMASTER INC
516 PINE AIRE DRIVEBAY SHORENY11706Construction$1,685,562
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K45CntrctRcvdGreaterThan100KCnt
Fundraising$1,122,460FundraisingAmt
Government Grants$18,001,791GovernmentGrantsAmt
All Other Contributions$13,462,264AllOtherContributionsAmt
Noncash Contributions$1,809,168NoncashContributionsAmt
Total Contributions$32,586,515TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION & FEES611600$452,706,650$452,706,650
SALES& SVC AUX ENT812900$33,447,728$33,296,377$151,351
SALES& SVC ED DPT900099$3,719,601$3,719,601
OTHER SOURCE ED SV900099$14,831,112$14,831,112
FieldValueIRS element (for citing)
Total Program Service Revenue$504,705,091TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,988,780TotalRevenueColumnAmt
Unrelated Business Revenue-$87,688UnrelatedBusinessRevenueAmt
Exclusion$14,076,468ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$311,400RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$39,576RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$271,824RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$271,824TotalRevenueColumnAmt
Exclusion$271,824ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$248,931,865SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$224,178,042SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$24,753,823SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,753,823TotalRevenueColumnAmt
Exclusion$24,753,823ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$133,163FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,122,460ContriRptFundraisingEventAmt
Fundraising Direct Expenses$203,792FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$70,629TotalRevenueColumnAmt
Exclusion-$70,629ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$12,116GamingGrossIncomeAmt
Gaming Direct Expenses$27,448GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column-$15,332TotalRevenueColumnAmt
Exclusion-$15,332ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$576,220,072TotalRevenueColumnAmt
Related Or Exempt Func Income$504,553,740RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$63,663UnrelatedBusinessRevenueAmt
Exclusion$39,016,154ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$40,000TotalAmt
Program Services$40,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$169,121,365TotalAmt
Program Services$169,121,365ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$6,207,287TotalAmt
Program Services$989,806ProgramServicesAmt
Management And General$4,744,179ManagementAndGeneralAmt
Fundraising$473,302FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$194,893,246TotalAmt
Program Services$174,580,636ProgramServicesAmt
Management And General$17,633,727ManagementAndGeneralAmt
Fundraising$2,678,883FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$17,301,588TotalAmt
Program Services$14,820,440ProgramServicesAmt
Management And General$2,217,909ManagementAndGeneralAmt
Fundraising$263,239FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$40,443,905TotalAmt
Program Services$33,668,534ProgramServicesAmt
Management And General$6,068,509ManagementAndGeneralAmt
Fundraising$706,862FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$13,180,869TotalAmt
Program Services$11,962,885ProgramServicesAmt
Management And General$1,013,283ManagementAndGeneralAmt
Fundraising$204,701FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$510,434TotalAmt
Program Services$83,560ProgramServicesAmt
Management And General$426,874ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$311,000TotalAmt
Program Services$16,181ProgramServicesAmt
Management And General$294,819ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$40,217TotalAmt
Management And General$40,217ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$328,750TotalAmt
Fundraising$328,750FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$5,399,315TotalAmt
Management And General$5,399,315ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,417,260TotalAmt
Program Services$4,846,055ProgramServicesAmt
Management And General$571,205ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,372,146TotalAmt
Program Services$272,097ProgramServicesAmt
Management And General$1,099,676ManagementAndGeneralAmt
Fundraising$373FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$18,051,884TotalAmt
Program Services$15,147,203ProgramServicesAmt
Management And General$2,720,728ManagementAndGeneralAmt
Fundraising$183,953FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,713,964TotalAmt
Program Services$6,461,009ProgramServicesAmt
Management And General$1,245,359ManagementAndGeneralAmt
Fundraising$7,596FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$10,001,604TotalAmt
Program Services$9,216,553ProgramServicesAmt
Management And General$760,783ManagementAndGeneralAmt
Fundraising$24,268FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,140,225TotalAmt
Program Services$8,807,282ProgramServicesAmt
Management And General$235,844ManagementAndGeneralAmt
Fundraising$97,099FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$348,397TotalAmt
Program Services$291,559ProgramServicesAmt
Management And General$53,876ManagementAndGeneralAmt
Fundraising$2,962FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$7,600,056TotalAmt
Program Services$7,347,743ProgramServicesAmt
Management And General$252,313ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$22,342,444TotalAmt
Program Services$16,783,005ProgramServicesAmt
Management And General$5,559,439ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,736,273TotalAmt
Program Services$870,223ProgramServicesAmt
Management And General$3,866,050ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BAD DEBT AND COLLECTION COST$3,358,604$3,111,743$246,861
UBI TAX$32,453$32,453
MEDICAL SCHOOL STIPENDS$1,419,583$1,419,583
OTHER MISC$8,366,034$4,004,974$4,017,163$343,897

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,033,382TotalAmt
Program Services$1,033,382ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$548,712,285TotalAmt
Program Services$484,928,271ProgramServicesAmt
Management And General$58,468,129ManagementAndGeneralAmt
Fundraising$5,315,885FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$201,385,837BOYAmt
EOY$214,232,400EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,730,461BOYAmt
EOY$12,400,985EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,760,976BOYAmt
EOY$5,833,224EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$17,520,146BOYAmt
EOY$18,373,937EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$6,715BOYAmt
EOY$2,771EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,829,999BOYAmt
EOY$4,830,039EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$676,278,953LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$359,453,977LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$319,219,065BOYAmt
EOY$316,824,976EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$356,678,727BOYAmt
EOY$387,954,588EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$305,454,905BOYAmt
EOY$324,564,124EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$11,637,973BOYAmt
EOY$7,993,192EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,235,224,804BOYAmt
EOY$1,293,010,236EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$21,174,096BOYAmt
EOY$30,656,692EOYAmt

Grants Payable GrantsPayableGrp

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

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$117,643,200BOYAmt
EOY$108,686,086EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$183,168,290BOYAmt
EOY$174,932,342EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$1,318,919BOYAmt
EOY$1,739,829EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$4,128,979BOYAmt
EOY$3,373,459EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$43,775,046BOYAmt
EOY$46,705,655EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$371,208,530BOYAmt
EOY$366,094,063EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$527,272,591BOYAmt
EOY$566,418,963EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$336,743,683BOYAmt
EOY$360,497,210EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$864,016,274BOYAmt
EOY$926,916,173EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,235,224,804BOYAmt
EOY$1,293,010,236EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$27,507,787ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$40,279,944NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$4,887,832OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$37,500,673CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$47,779,619CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,590,618CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$46,523,024CurrentTaxYearMinus1YearAmt
Current Tax Year$32,586,515CurrentTaxYearAmt
Total$209,980,449TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$37,500,673CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$47,779,619CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,590,618CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$46,523,024CurrentTaxYearMinus1YearAmt
Current Tax Year$32,586,515CurrentTaxYearAmt
Total$209,980,449TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$71,965,883SubstantialContributorsTotAmt
Public Support Total170$138,014,566PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,511,851CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,650,233CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,846,298CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,411,072CurrentTaxYearMinus1YearAmt
Current Tax Year$14,300,180CurrentTaxYearAmt
Total$66,719,634TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$284,908CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$274,868CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$292,400CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$229,555CurrentTaxYearMinus1YearAmt
Current Tax Year$9,327CurrentTaxYearAmt
Total$1,091,058TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$413,446CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$487,538CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$334,453CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$413,088CurrentTaxYearMinus1YearAmt
Current Tax Year$145,279CurrentTaxYearAmt
Total$1,793,804TotalAmt
FieldValueIRS element (for citing)
Total Support$279,584,945TotalSupportAmt
Gross Receipts Rltd Activities$2,488,076,696GrossReceiptsRltdActivitiesAmt
Public Support CY1700.49364PublicSupportCY170Pct
Public Support PY1700.53172PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule A, Part IISchedule A, Part II has been completed solely for the purposes of displaying that the University passes the Public Support test needed for the Special Rule set forth in Schedule B.
Schedule A, Part II, Line 10Other income is comprised of gross income from gaming and fundraising.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersYes (true)VolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersYes (true)MailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsYes (true)GrantsOtherOrganizationsInd
Grants Other Organizations$40,217GrantsOtherOrganizationsAmt
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$14,777DirectContactLegislatorsAmt
Rallies DemonstrationsYes (true)RalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Total Lobbying Expenditures$54,994TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule C, Part II-B, Line 1fThe University paid membership dues to the Commission on Independent Colleges and Universities (CICU). CICU has estimated that 6.25% of its operating budget relates to lobbying activities. For the year, the portion of the dues related to lobbying activities was $4,080. On occasion, at the recommendation of CICU, the University will mail individual letters to officials to lend its support on issues relating to private higher education. The University paid $36,137 to a law firm to advise and lobby on NYS legislation and regulation and in addressing other state issues affecting private higher education.
Schedule C, Part II-B, Line 1gRepresents salary allocations for Officers, direct lobbying expenses as reported to NY State, and travel expenses related to student particpation in Student Advocacy Day in Albany, NY.

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Funds And Other Accounts Held10FundsAndOtherAccountsHeldCnt
Funds And Other Accounts Contri$15,000FundsAndOtherAccountsContriAmt
Funds And Other Accounts Grants$53,419FundsAndOtherAccountsGrantsAmt
Funds And Other Accounts Vl EOY$1,200,413FundsAndOtherAccountsVlEOYAmt
Disclosed Org Leg CtrlYes (true)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (true)DisclosedForCharitablePrpsInd
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets SalefalseSolicitedAssetsSaleInd
Agent Trustee EtcYes (true)AgentTrusteeEtcInd
Beginning Balance$1,318,919BeginningBalanceAmt
Additions During Year$1,259,727AdditionsDuringYearAmt
Distributions During Year$838,817DistributionsDuringYearAmt
Ending Balance$1,739,829EndingBalanceAmt
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$633,700,987BeginningYearBalanceAmt
Contributions$6,327,012ContributionsAmt
Investment Earnings Or Losses$74,151,133InvestmentEarningsOrLossesAmt
Grants Or Scholarships$17,671,121GrantsOrScholarshipsAmt
Other Expenditures$9,541,216OtherExpendituresAmt
Administrative Expenses$5,355,985AdministrativeExpensesAmt
End Year Balance$681,610,810EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$611,432,662BeginningYearBalanceAmt
Contributions$24,708,655ContributionsAmt
Investment Earnings Or Losses$27,236,144InvestmentEarningsOrLossesAmt
Grants Or Scholarships$9,029,506GrantsOrScholarshipsAmt
Other Expenditures$15,601,131OtherExpendituresAmt
Administrative Expenses$5,045,837AdministrativeExpensesAmt
End Year Balance$633,700,987EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$553,025,124BeginningYearBalanceAmt
Contributions$29,528,373ContributionsAmt
Investment Earnings Or Losses$56,627,106InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,829,593GrantsOrScholarshipsAmt
Other Expenditures$14,976,234OtherExpendituresAmt
Administrative Expenses$4,942,114AdministrativeExpensesAmt
End Year Balance$611,432,662EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$444,920,395BeginningYearBalanceAmt
Contributions$71,614,132ContributionsAmt
Investment Earnings Or Losses$60,143,857InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,941,270GrantsOrScholarshipsAmt
Other Expenditures$12,065,451OtherExpendituresAmt
Administrative Expenses$4,646,539AdministrativeExpensesAmt
End Year Balance$553,025,124EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$410,321,604BeginningYearBalanceAmt
Contributions$24,801,441ContributionsAmt
Investment Earnings Or Losses$31,343,667InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,511,517GrantsOrScholarshipsAmt
Other Expenditures$11,062,411OtherExpendituresAmt
Administrative Expenses$3,972,389AdministrativeExpensesAmt
End Year Balance$444,920,395EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.52000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.29400PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.18600TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,535,127OtherCostOrOtherBasisAmt
Book Value$15,535,127BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$534,663,411OtherCostOrOtherBasisAmt
Depreciation$278,287,427DepreciationAmt
Book Value$256,375,984BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$76,244,279OtherCostOrOtherBasisAmt
Depreciation$53,022,720DepreciationAmt
Book Value$23,221,559BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$49,836,136OtherCostOrOtherBasisAmt
Depreciation$28,143,830DepreciationAmt
Book Value$21,692,306BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$316,824,976TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (9 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
ENDOWMENT-EQUITY FUND$105,696,006F
ENDOWMENT-FIXED INCOME FUND$52,587,498F
ENDOWMENT-HEDGE FDS/PRIV EQTY$138,845,120F
ENDOW SPLIT INT-CASH&CASH EQUI$76,909F
OTHER-CASH&CASH EQUIV$2,623,434F
ENDOWMENT - REAL ESTATE$18,327,601F
OTHER-EQUITY$1,574,777F
OTHER-FIXED INCOME$1,802,485F
OTHER-HEDGE FUND/PVT EQUITY$3,030,294F
FieldValueIRS element (for citing)
Total Book Value Securities$324,564,124TotalBookValueSecuritiesAmt
Federal Income Tax Liability$32,453FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
OTHER LIABILITIES$8,630,313
US GOVT GRANTS REFUNDABLE$1,756,127
LIABILITY FOR POSTRETIREMENT$30,770,309
ASSET RETIREMENT OBLIGATION$5,516,453
FieldValueIRS element (for citing)
Total Liability$46,705,655TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$442,216,503TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$40,279,944NetUnrealizedGainsInvstAmt
Other Revenue$237,167OtherRevenueAmt
Revenue Not Reported$40,517,111RevenueNotReportedAmt
Revenue Subtotal$401,699,392RevenueSubtotalAmt
Investment Expenses Not Incld$5,399,315InvestmentExpensesNotIncldAmt
Other Revenues Not Included$169,121,365OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$174,520,680RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$576,220,072TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$374,428,772TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$237,167OtherExpensesIncludedAmt
Expenses Not Reported$237,167ExpensesNotReportedAmt
Expenses Subtotal$374,191,605ExpensesSubtotalAmt
Investment Expenses Not Incld2$5,399,315InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$169,121,365OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$174,520,680ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$548,712,285TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part III, Line 1aThe University maintains an art collection, which consists of works of art, including prints, painting, photographs, and sculptures that are held for the purpose of public exhibition, education, and research. Each item is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed by the Museum Director. The art collection is not recognized as an asset on the statement of financial position.
Schedule D, Part III, Line 4The daily, annual and long-range operations of the Hofstra University Museum are consonant with the mission of the University and consistent with the governance of the University. Just as the University holds a public trust and acts for the public good pursuant to its Charter by the Regents of the University of the State of New York, so does the Hofstra University Museum hold a public trust and acts in the public good as an agency of the University through its exhibitions; its permanent collection; its public and educational programming; as well as its interpretative, scholarly activities and publications.
Schedule D, Part X, Line 1Income generated that is unrelated to the University's exempt purpose is subject to tax. The University believes it did not have any material tax liability nor any significant uncertain tax positions for the years ended August 31, 2020 and 2019. A provision for income taxes, which is considered immaterial, has been reflected in the University's financial statements.
Schedule D, Part XI, Line 2Reconciliation of Revenue - Other Represent amounts included on Line 1, but not on Form 990, Part VIII, Line 12 and is made up of the following: Rental Expenses 5,927 Gaming Expenses 27,448 Fundraising Expenses 203,792 ------------ Total 237,167 Part XII, Line 4b represent scholarship amounts added back on Form 990, Part VIII, Lines 2a and 2b, and is made up of the following: Tuition Scholarships 166,491,491 Auxiliary Scholarship 2,629,874 ------------- Total 169,121,365
Schedule D, Part XII, Line 2Reconciliation of Expenses - Other Represent amounts included on Line 1, but not on Form 990, Part IX, Line 25 and is made up of the following: Rental Expenses 5,927 Gaming Expenses 27,448 Fundraising Expenses 203,792 ------------ Total 237,167 Part XII, Line 4b represent scholarship amounts included on Form 990, Part IX, Line 2, and is made up of the following: Tuition Scholarships 166,491,491 Auxiliary Scholarship 2,629,874 ------------- Total 169,121,365
Schedule D, Part IDonor Advised Funds or Other Similar Funds or Accounts There are no instances in which a donor has the right to provide advice on the investment of endowment funds. There are no instances in which the donor has the right to select how and to whom the funds are distributed. In 10 cases, the spending and distribution is recommended by a committee in which the donor has the right to be a member, or the selection of the recipient is made in consultation with the donor. In all instances the University approves the scholarship recipient, and in no instance is there a relationship between the donor and the recipient. The aggregate value of the 10 funds is $1,200,413 representing 0.18% of the total endowment value at August 31, 2020.
Schedule D, Part V, Line 4Endowment Funds The University endowment funds are used to support student scholarships, professorships, facilities and other programs.
Schedule D, Part IV, Line 2bEscrow and Custodial Arrangements The University maintains custody of agency funds for various student and other university related groups.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part 1, Line 3Racially Nondiscriminatory Policy The nondiscriminatory policy is publicized through the University website including recruitment materials and student bulletins.
Schedule E, Part 1, Line 6aGovernment Support The University received government support from Federal, New York State and local sources.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (15 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmtEmployeeEmployeeCnt
Central America and the CaribbeanProgram ServicesStudy Abroad Program$97,251
Europe (Including Iceland and Greenland)Program ServicesStudy Abroad Program$71,4481
South AmericaProgram ServicesStudy Abroad Program$78,8731
Sub-Saharan AfricaProgram ServicesStudy Abroad Program$24,010
East Asia and the PacificProgram ServicesStudy Abroad Program$4,086
East Asia and the PacificProgram ServicesRecruitment$44,876
Middle East and North AfricaProgram ServicesRecruitment$18,454
South AsiaProgram ServicesRecruitment$5,233
Europe (Including Iceland and Greenland)Program ServicesRecruitment$36,865
Central America and the CaribbeanProgram ServicesRecruitment$6,352
Russia and the Newly Independent StatesProgram ServicesRecruitment$1,761
Sub-Saharan AfricaProgram ServicesRecruitment$1,049
South AmericaProgram ServicesRecruitment$19,052
Central America and the CaribbeanInvestments$60,400,928
Europe (Including Iceland and Greenland)Investments$58,450,867
FieldValueIRS element (for citing)
Subtotal Employees2SubtotalEmployeesCnt
Total Employee2TotalEmployeeCnt
Subtotal Spent$119,261,105SubtotalSpentAmt
Total Spent$119,261,105TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustYes (true)InterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

ActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndRetained By ContractorRetainedByContractorAmt
Community Counseling Service
See part IVfalse$203,750
Kevin Dwyer
see part IVfalse$125,000
FieldValueIRS element (for citing)
Total Retained By Contractors$328,750TotalRetainedByContractorsAmt
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event12020 GALA BALLEvent1Nm
Gross Receipts Event1$661,157GrossReceiptsEvent1Amt
Charitable Contri Event1$661,157CharitableContriEvent1Amt
Event22019 SUBURB DIEvent2Nm
Gross Receipts Event2$227,075GrossReceiptsEvent2Amt
Charitable Contri Event2$154,313CharitableContriEvent2Amt
Gross Revenue Event2$72,762GrossRevenueEvent2Amt
Rent Facility Costs Event2$6,425RentFacilityCostsEvent2Amt
Food And Beverage Event2$44,030FoodAndBeverageEvent2Amt
Entertainment Event2$15,455EntertainmentEvent2Amt
Other Direct Expenses Event2$3,920OtherDirectExpensesEvent2Amt
Other Events Total5OtherEventsTotalCnt
Gross Receipts Other Events$362,742GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$303,019CharitableContriOtherEventsAmt
Gross Revenue Other Events$59,723GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$7,396RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$87,617FoodAndBeverageOtherEventsAmt
Entertainment Other Events$12,586EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$26,049OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,250,974GrossReceiptsTotalAmt
Charitable Contributions Tot$1,118,489CharitableContributionsTotAmt
Gross Revenue Total Events$132,485GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$13,821RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$131,647FoodAndBeverageTotalEventsAmt
Entertainment Total Events$28,041EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$29,969OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$203,478DirectExpenseSummaryEventsAmt
Net Income Summary-$70,993NetIncomeSummaryAmt

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line1128 Hofstra UniversityAddressLine1Txt
CityHempsteadCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11549ZIPCd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule G, Part IFormAndLineReferenceDesc
ExplanationThe University retained Community Counseling Services to provide consulting services for multiple capital campaigns. Kevin Dwyer was retained to provide fundraising services for the School of Medicine.ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Village of HempsteadBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line199 Nichols CourtAddressLine1Txt
CityHempsteadCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11550ZIPCd
FieldValueIRS element (for citing)
Recipient EIN116000842RecipientEIN
IRC Section501(a)IRCSectionDesc
Cash Grant$40,000CashGrantAmt
Purpose Of GrantContributionPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
Total Student Financial Aid (See Breakdown Below)
Athletic Student Tuition Financial Aid277$5,916,286NANA
Undergraduate Student Tuition Financial Aid5444$125,133,566NANA
Graduate Student Tuition Financial Aid1996$35,441,639NANA
Room and Board Grants$2,629,874NANA

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule I, Part 1, Line 2Monitoring the Use of Grants On rare occasion, the University will match funds raised by students for worthy charitable projects. All such funds are reviewed carefully by the VP for Student Life and approved by the President upon the recommendation of the Student Government Association. Other grants may be permitted in furtherance of the University's mission and are approved by the President.
Schedule I, Part IIIGrants and Other Assistance to Individuals The University has financial aid available in many forms, including scholarships and grants. The eligibility for financial aid is based upon student's achievement and promise, academic credentials and financial need.
Schedule I, Part III, Line 5For the room and board grant amounts, the number of recipients is not disclosed as these students are already included in Lines 2,3 and 4.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (19 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt
Stuart Rabinowitz
President (See Sch J Notes)$826,840$125,000$594,820$298,126$47,889$1,892,675$241,731
M Patricia Adamski
SR VP FOR PLAN & ADM$449,477$100,000$57,434$44,387$13,642$664,940
Joseph Barkwill
VP FOR FACILITIES$271,628$40,000$8,336$32,243$31,129$383,336
Melissa Connolly
VP for UNIV RELATIONS$257,071$20,000$10,829$34,308$87,923$410,131
W Houston Dougharty
VP FOR STUDENT AFFAIRS$268,200$23,024$15,099$107,717$414,040
Jessica Eads
VP FOR ENROLLMENT MANAGEMENT$270,900$50,000$14,241$39,114$31,129$405,384
Dolores Fredrich
SVP FOR LEGAL AFFAIRS$437,156$100,000$47,488$39,342$31,129$655,115
Catherine Hennessy
SVP FOR FINANCE & TREASURER$483,068$100,000$51,707$39,342$47,060$721,177
Alan Kelly
VP FOR DEVELOPMENT$369,357$50,000$22,831$32,342$39,709$514,239
Herman Berliner
Provost & SVP Academic Affairs$415,611$51,950$44,822$54,264$566,647
Stephen Fabiani
VP of Information Technology$305,868$26,446$1,327$13,233$346,874
Richard Cole
VP - Athletics$267,443$63,762$8,147$30,943$370,295
Lawrence Levy
Associate Vice President$235,170$9,636$28,607$47,887$321,300
Jeffrey Hathaway
VP - Athletics (Until 1/15/19)$200,000$32$12$200,044
Gail Simmons
SVP for Academic Affairs$367,092$19,326$14,000$19,471$419,889
Joseph Mihalich
Mens Basketball Coach$348,503$28,422$131,703$18,453$31,129$558,210
Lawrence Smith
Dean, School of Medicine$630,115$47,472$32,342$827$710,756
Gail Prudenti
Dean, School of Law$397,915$19,438$14,000$827$432,180
Sina Rabbany
Dean, School of Engineering$381,060$31,312$44,974$4,077$461,423

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part IIPresident Rabinowitz has served at the University since 1972, including as president since 2001 and before that as dean and as a tenured member of the law school faculty. In 2016, in order to recognize that service and assure retention of his services as president, and to provide appropriate retirement benefits for him and termination of his tenure rights, the University entered into a deferred compensation arrangement with the president. Pursuant to IRS reporting rules, the deferred compensation is required to be reported during the retention period although payments will not be received until a later date.
Schedule J, Part IIThe president is a nonvoting member of the Board of Trustees.
Schedule J, Part I, Line 1aOfficer Compensation All items identified on Line 1a are included as compensation on both the employee's W2 and on Form 990, Schedule J. A payment for personal services, reimbursing for personal financial services, was provided to an officer and included on the employees W2 and on Form 990, Schedule J.
Schedule J, Part I, Line 1bPayment or reimbursement is pursuant to a written agreement.
Schedule J, Part II, Items C and DCompensation In accordance with IRS regulations, items reported in columns C and D include University contributions to group retirement and nontaxable group benefits paid by the University. These items include the University's contribution to a qualified 403(b) plan, with contributions varying based on length of service, as limited by IRS regulations; the University-paid portion of group health care benefits (cost vary by employee selected plan); and the University-paid costs of other nontaxable benefits including life and disability insurance, and tuition payments. All group benefits apply equally to all non union employees or as set forth in collective bargaining agreements.
Schedule JThe University contributes to retiree health and life benefits for former employees, including former officers, based on retirement date which varies by unit.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
Town of Hempstead LDC Series 2011
A112798949424682CZ32011-12-20$75,541,215Refinance 1998 Bonds & Renovationsfalsefalsefalse
Town of Hempstead LDC Series 2013
B112798949424682EDO2013-06-20$70,200,775Refinance 2003 Bonds & New Facilitfalsefalsefalse
Town of Hempstead LDC Series 2017
C112798949424682HC92017-05-17$61,034,262Refinance 2007 Bonds & New Facilitfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$4,965,000$0$75,559,558$0$1,650,002$0$771,553$0$0$20,905,181$52,232,822$02014Yes (true)falseYes (true)Yes (true)
B$16,470,000$0$70,223,624$0$2,750,159$0$796,915$0$0$27,524,247$39,152,303$02015Yes (true)falseYes (true)Yes (true)
C$2,875,000$0$61,776,446$0$2,567,113$0$811,580$0$0$38,960,878$19,436,875$02020Yes (true)falseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndEngage Bond Counsel ResearchEngageBondCounselResearchInd
AfalseYes (true)Yes (true)Yes (true)false0falsefalsefalseYes (true)
BfalseYes (true)Yes (true)Yes (true)Yes (true)0falsefalsefalseYes (true)Yes (true)
CfalseYes (true)Yes (true)Yes (true)false0falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)
0
BfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)
0
CfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part II, Line 3Includes investment earnings on bond proceeds through 8/31/20.
Part III, Lines 4,5 and 6For bonds issued after 2002, the University computes private business use separately for each bond issue, whether refinanced or not, under the multipurpose allocation exception. On Schedule K, for each outstanding bond issue, the private business use is computed and reported on a combined basis, with the refinancings.
Part IV, Line 2cARBITRAGE CALCULATION DATE A. 2011 TOWN OF HEMPSTEAD LDC - AUGUST 31, 2020 B. 2013 TOWN OF HEMPSTEAD LDC - MAY 31, 2020 C. 2017 TOWN OF HEMPSTEAD LDC - APRIL 30, 2020

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution26ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
Method Of Determining RevenuesNAMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Method Of Determining RevenuesNAMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution22ContributionCnt
Noncash Contributions Rpt F990$1,809,168NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMV OF STOCKMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Event Supplies68$0NA
Yes (X)Gift Card/Certificate4$0NA
Yes (X)Equipment1$00
FieldValueIRS element (for citing)
Form8283 Received5Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I, Line 33FormAndLineReferenceDesc
ExplanationNoncash Gifts See statement for Schedule D, Part III, Line 1a with regards to works of art. Other non-cash contributions other than works of art are used by the University in the normal course of business or used in connection with Development activities. Gifts-in-kind are not assigned a value and not recorded on the University's financial system.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, Line 2As reflected on statements filed annually with the University, other than listed below, no officer, director, trustee, key employees, highest compensated employees or highest compensated professional or other independent contractors receiving any compensation from the organization is related to any other such entity through family or business relationships. Trustee Miller disclosed that he has an investment in a fund in which Trustee Guthart is a principal.
Form 990, Part IV, Line 9In the ordinary course of business, the University provides information to students and parents regarding eligibility for Title IV student assistance, including student and parent loans, University scholarship and loan programs, and internal and external payment plan arrangements which are available to finance tuition and fees at Hofstra. In addition, the University is engaged in the collection of tuition and fee balances from students for the current and prior terms, including entering into agreements for the collection and payment of amounts due and owing.
Form 990, Part VI, Line 11bForm 990 is prepared by the University, and reviewed by an outside tax consultant. The SVP for Financial Affairs and Treasurer also reviews the return with the President, SVP for Planning and the SVP for Legal Affairs and General Counsel. The final return is submitted to the Audit Committee of the Board of Trustees and the full Board of Trustees prior to signing and filing the return.
Form 990, Part VI, Line 15The Hofstra University Board of Trustees Compensation Committee has oversight of all elements of executive compensation and reports to the entire Board on such matters. Specifically, the Committee reviews the compensation of the President and officers and other key employees. The Committee assesses and approves the reasonableness of the compensation of the President; compensation for other officers are recommended by the President to the Board of Trustees. The University provides the necessary data including peer comparisons compiled from 990 tax return disclosures to the Committee and the Board in order for the review to take place each year. Members of the Committee, as well as any third party providing professional advice to the Committee, must be independent and have no conflicts of interest as to the compensation being reviewed, the officer who is being reviewed, or any products or services being considered. Such review includes a comparison of data as presented on the 990 tax return of comparable institutions, adjusted as appropriate for the New York metropolitan area and updated to the present year. Consideration is given to the breadth and complexity of programs, such as medical and law schools. The review also includes an assessment of the duties and responsibilities of each officer and the overall performance of each. From time to time, the University engages an outside consultant to review the comparables and to assist the Committee in its deliberations. The Committee reviews its recommendations with the Board of Trustees for final approval. The actions of the Committee and Board of Trustees are set forth in the minutes, including the information reviewed in determining comparability and the basis for determining that the compensation is reasonable.
Form 990, Part VI, Line 12cThe University's bylaws set forth a conflict of interest policy for Trustees prohibiting certain transactions and requiring disclosure of any conflict that might arise. Annually, all Trustees must complete and sign a compliance and disclosure statement which is reviewed and maintained as a matter of record by the University's General Counsel. Disclosures are brought to the attention of the Audit Committee of the Board of Trustees. In addition, there is a conflict of interest policy for all administrative employees and certain union employees prohibiting certain actions and requiring disclosure of any conflict that might arise. Annually, employees must complete and sign a compliance and disclosure statement which is reviewed and maintained as a matter of record by the Office of Human Resources. Any questionable activity is not permitted until the appropriate Vice President has determined that sufficient safeguards exist to fully protect the University's interests and the University's General Counsel has reviewed.
Form 990, Part XI, Line 9Other changes in net assets are made up of the following: Postretirement Changes other than net periodic benefit costs (5,963,409) Other components of net periodic benefit costs 1,075,577 --------------- $(4,887,832)
Form 990, Part IV, Line 16The University provided financial assistance of $7,308,196 to certain international students attending Hofstra. This assistance is included on Schedule I, Part III as Assistance to Individuals in the United States,as the students attended classes within the United States. All amounts provided are credited to the students US based Hofstra accounts.
Form 990, Part VI, Line 19As a private University, governing documents, conflict of interest policy and financial statements are not required to be made available to the public. However, the University Bylaws and the Conflict of Interest Policy are available on the University website. In addition, the University's Form 990 (which includes financial data) is made available upon request.
Form 990 , Part VI, Line 4The Bylaws of the University were last amended by the Board of Trustees on February 28, 2017, with minor updates.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
Community Legal Assistance Corporation
108 Hofstra UniversityHempsteadNY11549112267282EducationNY501(c)(3)11(a)naYes (true)
Hofstra Law Access to Justice Incubator
108 Hosftra UniversityHempsteadNY11549463390636EducationNY501(C)(3)11(a)naYes (true)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxt
Charitable Remainder Unitrust (2)
128 Hofstra UniversityHempsteadNY11549TRUSTNYNATRUST
Charitable Remainder Annuity Trust (3)
128 Hofstra UniversityHempsteadNY11549TRUSTNYNATRUST
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
Community Legal Assistance Corporation
N,OSee Part VII
Hofstra Law Access to Justice Incubator
N,OSee Part VII

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule R, Part V, Line 2FormAndLineReferenceDesc
ExplanationRelated Tax Exempt Organizations In furtherance of Hofstra University's educational mission, the related entities have been formed pursuant to the Not-For-Profit Corporation Law of New York State. The related entities do not have separate facilities or employees and their activities are included in Hofstra University's financial statements. The related entities each provide educational opportunities for law students and services for the underprivileged under the supervision of attorneys to the extent permitted under the New York Judiciary Law. The Hofstra Law Access to Justice Incubator entity was dissolved in February 2020.ExplanationTxt

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