2021-05-11T08:39:37-07:00 2020-06-30 990 2019-07-01 590624416 Stetson University Inc STET 3868227015 421 N Woodland Blvd DeLand FL 327238417 Frank Robert Huth Jr Executive Vice President and CFO 3868227015 2021-05-11 2019 2022-09-23 18:48:47Z Frank Robert Huth Jr 421 N Woodland Blvd Unit 8278 DeLand FL 32723 334726198 0 X www.stetson.edu X 1883 FL Our mission at Stetson University is to provide an excellent education in a creative community where learning and values meet, and to foster in students the qualities of mind and heart that will prepare them to reach their full potential as informed citizens of local communities and the world. 38 37 2765 13 35907 0 18271801 11813090 215227113 219339017 14884497 13364697 2249293 2046220 250632704 246563024 94154516 100436783 0 0 83580628 85451777 11497 33493 4725724 58784832 55422942 236531473 241344995 14101231 5218029 541540027 588771463 143501048 184675673 398038979 404095790 Stetson Mission: Our mission at Stetson University is to provide an excellent education in a creative community where learning and values meet, and to foster in students the qualities of mind and heart that will prepare them to reach their full potential as informed citizens of local communities and the world. 0 0 200582864 100436783 194240052 Educational: The University provides high quality educational services to students on four different campuses, serving over 3,100 undergraduate students and approximately 1,200 graduate and post-baccalaureate students. The University is committed to its strong liberal arts heritage, offering over 60 major and minor programs in various fields of study. The University offers numerous graduate degree programs, along with Juris Doctor, Master of Laws, and Master of Jurisprudence degrees. The undergraduate student to faculty ratio is 13.1:1; The DeLand campus has 229 full-time faculty members, 93 percent of who hold a Ph.D. or equivalent degrees. The College of Law campus has 40 full-time professors and is supplemented by over 60 experienced practitioners in specialized areas. Grants and scholarships were provided to students based on talent, academic, and athletic achievement and financial need. 21538399 25098965 Auxiliary enterprises: The University auxiliary enterprises are for the convenience and benefit of its students, faculty, and staff. These services include a wide variety of students housing options, including dormitories and apartment-style accommodations. In addition, the University offers full array of dining services, student convenience store, and campus bookstore. 0 0 0 222121263 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 0 1 6519 0 1 2765 1 1 1 1 SP 0 0 0 1 1 0 0 0 0 0 0 0 0 X 38 37 1 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 FL X Frank Robert Huth Jr 3868227015 421 N Woodland Blvd DeLand FL 327238417 Wendy B Libby President/Trustee 70 0 X X 776926 0 114821 Frank R Huth EVP and CFO 60 0 X 584022 0 126887 Joel Bauman VP Enrollment Management 60 0 X 391376 0 40401 Jeffrey Altier Athletic Director 60 0 X 336226 0 51587 Noel Painter EVP and Provost 60 0 X 292136 0 79479 Darryl Wilson Professor of Law and Associate Dean 40 0 X 256200 0 44281 Rebecca Morgan Professor of Law 40 0 X 254967 0 44470 Neal Mero Dean of the School of Business 60 0 X 257841 0 26934 Peter Lake Professor of Law 40 0 X 242016 0 40710 Roy Gardner Professor of Law 40 0 X 224433 0 35148 Kristen Adams Former Dean of Law School 60 0 X 208614 0 43758 Jeffrey Ulmer VP for University Relations 60 0 X 211531 0 30975 Lua Hancock VP for Campus Life and Student Success 60 0 X 182863 0 53742 Bruce Chong VP for University Marketing and Communication 60 0 X 172801 0 58595 Michele Alexandre Dean of Law School 60 0 X 156379 0 23920 Steven Alexander Trustee 0 0 X 0 0 0 Maureen Breakiron-Evans Trustee 0 0 X 0 0 0 Susan P Brockway Trustee 0 0 X 0 0 0 Cynthia R Brown Trustee 0 0 X 0 0 0 J Hyatt Brown Trustee 0 0 X 0 0 0 S Sammy Cacciatore Jr Trustee 0 0 X 0 0 0 Yvonne Chang Trustee 0 0 X 0 0 0 Thomas Christopher Trustee 0 0 X 0 0 0 Joe R Cooper Trustee 0 0 X 0 0 0 Bruce Dahlgren Trustee 0 0 X 0 0 0 Michael T Davis Trustee 0 0 X 0 0 0 Wilfried Florin Trustee 0 0 X 0 0 0 Richard C George Trustee 0 0 X 0 0 0 R Dean Hollis Trustee 0 0 X 0 0 0 Thomas M Horton Trustee 0 0 X 0 0 0 Lila A Jaber Trustee 0 0 X 0 0 0 Tony Jenkins Trustee 0 0 X 0 0 0 Betty D Johnson Trustee 0 0 X 0 0 0 Geoffrey Jollay Trustee 0 0 X 0 0 0 Laurel Kent Trustee 0 0 X 0 0 0 Gerald Kruhm Trustee 0 0 X 0 0 0 Rhea Law Trustee 0 0 X 0 0 0 Brenda H Lopez Trustee 0 0 X 0 0 0 Christine E Lynn Trustee 0 0 X 0 0 0 Joshua Magidson Trustee 0 0 X 0 0 0 Luis Maldonado Trustee 0 0 X 0 0 0 Ranell T Mason Trustee 0 0 X 0 0 0 Daniel McCarthy Trustee 0 0 X 0 0 0 Thomas Patton Trustee 0 0 X 0 0 0 Robert Pocica Trustee 0 0 X 0 0 0 Luis Prats Trustee 0 0 X 0 0 0 David B Rinker Trustee 0 0 X 0 0 0 Kimberly Van Gundy Trustee 0 0 X 0 0 0 William Voges Trustee 0 0 X 0 0 0 John Walda Trustee 0 0 X 0 0 0 Charles A Wolfe Trustee 0 0 X 0 0 0 Kenneth Ziesenheim Trustee 0 0 X 0 0 0 4548331 0 815708 116 1 1 0 Chartwells PO Box 91337 Chicago IL 606931337 Food Service 5501217 Williams Company Building 2301 Silver Star Road Orlando FL 32804 Construction 1949421 Tech Strategies International LLC 1553 Stargazer Terrace Sanford FL 32771 Consultants/Training 1304510 Charles Perry Partners Inc 200 E Palm Valley Drive Suite 1040 Oviedo FL 32765 Construction 955662 Bace Construction Inc 1623 Alligator Road Deland FL 32724 Construction 720291 44 0 0 37233 0 4436937 7338920 391304 11813090 Tuition and Fees 611310 191310974 191310974 0 0 Residential Room Charges 721310 17319767 17319767 0 0 Dining Services 722310 7476464 7476464 0 0 Sales of Educational Services 611699 1758609 1758609 0 0 Athletics 711211 787863 787863 0 0 685340 685340 0 0 219339017 7683990 0 -83463 7767453 0 0 0 0 3727 0 0 3727 1527663 0 989425 0 538238 0 538238 0 119370 418868 89193617 3619770 82997134 4135546 6196483 -515776 5680707 5680707 0 0 43754 37233 41069 2685 0 2685 0 0 0 0 0 0 0 0 0 0 0 0 Contractor's investment to capital 900099 466419 466419 0 0 Sponsorship 900099 420695 420695 0 0 Traffic 900099 231644 231644 0 0 382812 382812 0 0 1501570 246563024 226521294 35907 8192733 0 0 100436783 100436783 3993781 1448027 1771659 774095 59515883 53251347 4353836 1910700 5430245 4676942 523746 229557 12280597 10576988 1184461 519148 4231271 3644294 408105 178872 7697 0 7697 0 177062 1750 175312 0 172291 0 172291 0 1902 0 0 1902 33493 33493 916972 0 916972 0 3848398 3271968 330374 246056 748195 384283 312919 50993 4713892 3826300 696485 191107 3260525 2847507 401498 11520 1300 1300 0 0 8369766 7946673 383703 39390 2994729 2842379 62398 89952 0 0 0 0 423981 376127 38655 9199 5199983 5015437 147743 36803 0 0 0 0 11045864 10389763 579111 76990 1758061 691855 1066206 0 Dining Services/Catering 5726597 5412813 117897 195887 Athletics 1417036 1381355 0 35681 Subscriptions 1024765 949738 28996 46031 Membership & Dues 495014 312754 172909 9351 3118912 2434880 645035 38997 241344995 222121263 14498008 4725724 122698 114765 32958952 54592321 17442906 13209953 3012529 2269439 4599978 3819997 255863 306498 2529897 2800970 358922576 162814149 204927304 196108427 259433779 299574297 0 0 0 0 0 0 16256121 15974796 541540027 588771463 13066429 14137774 11650963 10478314 89527591 87813941 0 0 0 0 7807348 137500 52500935 21448717 19607209 143501048 184675673 X 158767298 163162919 239271681 240932871 398038979 404095790 541540027 588771463 X 5218029 2045087 0 0 0 -1206305 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 1902 0 0 1902 0 Schedule C, Part II-B, Line 1 The University's lobbying activities consist of travel to Tallahassee, the state capital of Florida, to maintain contact with State Legislative representatives. 0 3244850 0 0 X X X 0 261956833 45897814 14141093 4868779 7769215 907736 308450010 247927003 8832296 17482790 4566514 6871066 847676 261956833 235954666 2275154 21083492 4365713 6174229 846367 247927003 212432304 6666079 27682769 3947941 6337879 540666 235954666 215823243 9292604 -2131647 3848909 5973129 729858 212432304 0.32 0.68 0 1 0 1146500 8815510 9962010 0 284184113 111913572 172270541 0 0 0 0 0 35504932 27092572 8412360 0 29271521 23808005 5463516 196108427 Annuities Payable 2006637 Deposits/Held for Others 201561 Post Retirement Benefits 5628089 Refundable Gov't Loan Funds 4634899 Unamortized Premiums 7136023 19607209 147782085 2045087 0 0 -100948201 -98903114 246685199 916972 -1039147 -122175 246563024 141030387 0 0 0 1039147 1039147 139991240 916972 100436783 101353755 241344995 Schedule D, Part III, Line 4 The majority of the University art collection includes a significant body of work from the renowned German painter, Oscar Bluemner. This portion of the collection was valued at $2,621,000 at the time it was gifted to the University in 2000. Additional works from various artists, including several paintings and sculpture, have been gifted to the University's collections over the years. These works, along with the art contributed by Stetson students, are currently housed in the Hand Art Center, where both the Stetson community and the public may study and enjoy them. The Gillespie Museum of Minerals is Stetson University's earth science collection museum. The museum's collection of 20,000 mineral, rock, and fossil specimens is valued at $402,431. The museum has developed over the past fifty years into a center for environmental education. Exhibits and Displays include geology, native Florida ecosystems and plant landscapes, minerals and mining, and fluorescent rocks. Schedule D, Part V, Line 4 The University endowment funds are used primarily for the benefit of students, faculty support, program support and facilities. The majority of endowment funds go to support student scholarships, including awards for merit, athletic participation and financial need. Endowment funds support several faculty chair positions, as well as general faculty salaries and benefits. Several university programs, such as the Roland George investment program and the Hollis renaissance program are fully supported by endowments. Additionally, the endowment provides facilities maintenance and support for existing institutional buildings and dormitories. Schedule D, Part XI, Line 2d Scholarships <$100,436,783>, Write-off of Uncollectible Pledges <526,871>, Actuarial Adjustment <$4,116>, Interfund transfers $19,569. Schedule D, Part XI, Line 4b Rental <$989,425>, Fundraising expenses <$41,069>, UBI investment expense <$8,653>. Schedule D, Part XII, Line 2d Rental <$989,425>, Fundraising expenses <$41,069>, UBI investment expense <$8,653>. Schedule D, Part XII, Line 4b Scholarships $100,436,783. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The University bulletin is made available to all prospective students via the University's website. Schedule E, Part I, Line 6 Stetson University participates in numerous federal and state programs listed in Stetson's single audit report under OMB Circular A-133 and the Single Audit Act of the state of Florida. Federal Programs are as follows: US Department of Education, US Department of Justice, US Environmental Protection Agency, National Science Foundation, US Department of Commerce, and Corporation for National and Community Service. State Programs are as follows: Florida Department of Education, Department of Highway Safety and Motor Vehicles, and Department of Environmental Protection. Central America and the Caribbean 0 0 Program Services Site Visit/Educational Tours - Guatemala 17294 Central America and the Caribbean 0 0 Program Services Study Abroad - Cayman Islands 85437 Central America and the Caribbean 0 0 Speaking at Seminars or Conferences Conference - Costa Rica 1606 Central America and the Caribbean 0 0 Speaking at Seminars or Conferences Conference - Cuba 1585 East Asia and the Pacific 0 0 Program Services Study Abroad - Singapore 3339 East Asia and the Pacific 0 0 Speaking at Seminars or Conferences Research - China 4408 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conference - United Kingdom 1227 Europe (including Iceland and Greenland) 0 0 Program Services Site Visit/Educational Tours - Germany 11273 Europe (including Iceland and Greenland) 0 0 Program Services Study Abroad - France 33174 Europe (including Iceland and Greenland) 0 0 Program Services Study Abroad - Innsbruck 155862 Europe (including Iceland and Greenland) 0 1 Program Services Study Abroad - Spain 30891 Europe (including Iceland and Greenland) 0 0 Program Services Study Abroad - Switzerland 110052 Europe (including Iceland and Greenland) 0 0 Program Services Study Abroad - United Kingdom 256394 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conference - Austria 1791 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conference - Czech Republic 1450 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conference - Finland 2197 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conference - France 3000 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conference - Italy 3149 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conference - Spain 28887 North America (including Canada and Mexico, but not the United States) 0 0 Speaking at Seminars or Conferences Conference - Canada 6081 Russia and the newly independent States 0 0 Program Services Study Abroad - Russia 28002 South America 0 0 Program Services Study Abroad - Chile 3177 South Asia 0 0 Program Services Study Abroad - Korea 17365 Sub-Saharan Africa 0 0 Program Services Study Abroad - South Africa 7491 Sub-Saharan Africa 0 0 Speaking at Seminars or Conferences Conference - Kenya 2295 0 1 817427 0 0 0 0 0 0 X X X X X X X 1 Marts & Lundy 1200 Wall Street West Lyndhurst NJ 07071 Consulting 0 0 33493 -33493 0 33493 -33493 All States Chipper Jones 32076 17253 14823 0 1532 6301 3390 0 288 Hatter Kickoff 24685 17530 7155 0 1423 3000 5453 0 3342 2 24226 2450 21776 0 4953 7155 2209 250 1773 80987 37233 43754 0 7908 16456 11052 250 5403 41069 2685 1 See Schedule I, Part IV, Statement 1 3987 100436783 0 FMV Scholarships are for talent, academic merit, athletic participation, and financial need. Schedule I, Part I, Line 2 Stetson University ensures each scholarship is used for its intended purpose by applying the award amount directly to the recipient's student ledger. X X X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 Wendy B Libby President/Trustee 479309 0 100987 0 196630 0 78000 0 36821 0 891747 0 150000 Noel Painter EVP and Provost 292136 0 0 0 0 0 56900 0 22579 0 371615 0 Frank R Huth EVP and CFO 333076 0 0 0 250946 0 109751 0 17136 0 710909 0 211816 Joel Bauman VP Enrollment Management 226413 0 0 0 164963 0 23273 0 17128 0 431777 0 139034 Jeffrey Ulmer VP for University Relations 211531 0 0 0 0 0 21480 0 9495 0 242506 0 Jeffrey Altier Athletic Director 188324 0 0 0 147902 0 39199 0 12388 0 387813 0 124508 Bruce Chong VP for University Marketing and Communication 172801 0 0 0 0 0 36504 0 22091 0 231396 0 Lua Hancock VP for Campus Life and Student Success 182863 0 0 0 0 0 37170 0 16572 0 236605 0 Michele Alexandre Dean of Law School 156379 0 0 0 0 0 15167 0 8753 0 180299 0 Darryl Wilson Professor of Law and Associate Dean 256200 0 0 0 0 0 20458 0 23823 0 300481 0 Rebecca Morgan Professor of Law 254967 0 0 0 0 0 24563 0 19907 0 299437 0 Neal Mero Dean of the School of Business 257841 0 0 0 0 0 25745 0 1189 0 284775 0 Peter Lake Professor of Law 242016 0 0 0 0 0 22393 0 18317 0 282726 0 Roy Gardner Professor of Law 224433 0 0 0 0 0 23284 0 11864 0 259581 0 Kristen Adams Former Dean of Law School 208614 0 0 0 0 0 22086 0 21675 0 252375 0 Schedule J, Part I, Line 1a The President's spouse accompanies her on business related travel when his presence is expected and necessary for the event. Travel expenses for spousal or companion travel are not reimbursed under the current University policy, except in very limited cases where the president's spouse is required or is expected to attend the function. The President is provided a residence on campus. Along with providing housing for the President and her spouse, the residence is also used for various university events and functions hosted by the President. Staff employed by the University provides housekeeping services at the President's residence. Catering services are also provided for university functions and events held at the President's residence for University purpose. Schedule J, Part I, Line 4 The University contributes to a supplemental nonqualified retirement plan under IRC Section 457(f) for the benefit of Wendy Libby, President; Noel Painter, Executive VP and Provost; F. Robert Huth, Executive VP and CFO; Jeffrey Altier, Director of Athletics; Bruce Chong, VP for University Marketing and Communication; and Lua Hancock, VP for Campus Life and Student Success. The collective amount contributed by the University for calendar year 2019 of $216,179 is included on Schedule J, Part II, Column (C). Amounts contributed are unfunded and subject to a substantial risk of forfeiture pursuant to the years of service requirement under this plan. From this same plan, the following officers received payments, which included contributions and earnings, and are included on Schedule J, Part II, Column (B)(iii): Wendy Libby, President - $177,630; F. Robert Huth, Executive VP and CFO - $250,946; Joel Bauman, VP for Enrollment Management - $164,963; and Jeffrey Altier, Director of Athletics - $147,902. In prior years, payments towards these contributions were reported in Part II, Column (C), during which time all of the officers met the required years of service. The total amount was subject to a substantial risk of forfeiture. A Volusia County Educational Facilities Authority 800000613 928836LXI 2015-04-01 107948319 Finance certain property acquisitions, renovations, and improvements to the University DeLand and Gu 0 0 0 A 8020000 0 107948319 0 2706566 0 902842 0 0 48170579 56168333 0 1 0 1 1 A 0 1 0 0 0.008 0 0.008 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 Schedule K, Part I, Column f-04/01/2015 107,948,319 Volusia County Educational Facilities Authority Finance certain property acquisitions, renovations, and improvements to the University's DeLand and Gulfport campuses. Refund all of the Volusia County Educational Facilities Revenue and Refunding Bonds (Stetson University, Inc. Project), Series 2005, Series 2010, and Series 2011. Paid off bank loan made to the University from 5th3rd Bank, dated March 18, 2013. J Hyatt Brown Trustee 2065964 Insurance Brokerage Services provided by Trustee's corporation. 0 Cynthia R Brown Trustee 0 Insurance Brokerage Services provided by Trustee's corporation. 0 Steve Alexander Trustee 35000 Loan Advisory Services and Financial Forecasting Software License. 0 Richard C George Trustee 32320 Furnishing Services provided by Trustee's corporation. 0 X 832 FMV X 3000 FMV X 14 321730 FMV X 6 41253 FMV X Volunteer expenses 11 5671 Actual cost X Gift in Kind 7 16090 FMV X Event food/supplies 5 2728 Actual cost 1 0 1 0 Form 990, Part VI, Section A, Line 2 The following Board member(s) has a family relationship during fiscal year 2019-2020. J. Hyatt Brown and Cynthia R. Brown (husband and wife). Form 990, Part VI, Section A, Line 7a The Chairs of the four Advisory Boards (A&S, Music, Business, and Law) and the Alumni Association President are all ex-officio voting members of the Board of Trustees during their terms. Form 990, Part VI, Section B, Line 11b Prior to the May's Board of Trustees meeting, the University provides a draft copy of the Form 990 to the individual members of the Board of Trustees for review. The audit committee of the Board formally reviews and discusses the return, and members are given the opportunity to request or provide additional information before the return is filed. Form 990, Part VI, Section B, Line 12c The University's Conflict of Interest Policy is included in the articles of incorporation and the University's bylaws. Annually, the Board of Trustees members must complete a conflict of interest disclosure statement. The audit committee of the Board reviews the information from these forms for possible conflict issues. The audit committee is responsible for enforcement and disclosure of issues and any required action. Board members are required to recuse themselves from voting on any matter in which a conflict of interest exists. The conflict of interest policy that pertains to officers and any other employee of the University is included in the University's personnel policies manual. Form 990, Part VI, Section B, Line 15 The compensation of the President of the University is reviewed annually by the presidential development and compensation committee of the Board of Trustees for appropriateness. Any increase or adjustment to the annual compensation must be approved by the Board. The University uses comparative data from CUPA, NACUBO, and other survey and database resources to determine salary ranges and increases for officers and other key employees. Their salary must be approved by the President and documented in their permanent employee records. Form 990, Part VI, Section C, Line 19 Copies of the University's governing documents, conflict of interest policy, and financial statements are available to the public upon a formal request to the Executive Vice-President and CFO. Electronic versions of the financial statements are available on the University's website. Form 990, Part XI, Line 9 Change in Actuarial Value Annuities (20a) of <$4,116>; Change in Investment in Value of Related Entity - Dana Foundation of $121,437; Change in Allowance for Uncollectible Pledges of <$526,871>; Change in OPEB liability $133,815, Donor Life Insurance <$211,246>, Interfund transfer $19,569, Loss on early extinguishment of debt <$11,604>, and CARES student payments <$727,289>. GSH Investments LLC 421 N Woodland DeLand FL 32723 352520555 Property Management FL 9766 1453290 Stetson University Inc The Charles A Dana Law Center Foundation 1401 61st Street South Gulfport FL 337073299 596135559 Contributions - Stetson Univ College of Law FL 501(c)(3) Line 5 Stetson University Inc 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 The Charles A Dana Law Center Foundation c 83315 All allocated interest & dividends