2020-07-13T12:43:06-05:00 2019-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-07-01 210650678 RIDER UNIVERSITY RIDE 6098965000 2083 LAWRENCEVILLE ROAD LAWRENCEVILLE NJ 086483099 JAMES P HARTMAN VP FINANCE AND TREASURER 6098965000 2020-07-13 1 GARRETT M HIGGINS P00543209 2122862600 2020-07-13 108.35.122.103 2020-07-13 12:27:18 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C5C0E2060BEB3F24671B5CC0358F632D6B4109AD 2018 2021-01-29 14:40:06Z DR GREGORY DELL'OMO 2083 LAWRENCEVILLE ROAD LAWRENCEVILLE NJ 086483099 294150377 0 X WWW.RIDER.EDU X 1865 NJ RIDER UNIVERSITY IS A PRIVATE, NOT-FOR-PROFIT INSTITUTION FOUNDED IN 1865. 24 24 3230 817 880619 0 15897025 20549823 212008957 206997740 3752738 3708061 2131443 1577386 233790163 232833010 77636802 80322997 0 0 96165115 94032972 53117 54788 3116683 52823469 57377469 226678503 231788226 7111660 1044784 276323291 281014163 121540585 123049840 154782706 157964323 X SEE SCHEDULE O. 0 0 138941369 79749485 100585077 INSTRUCTION: RIDER UNIVERSITY IS AN INDEPENDENT, COMPREHENSIVE, TEACHING ORIENTED INSTITUTION OF HIGHER LEARNING. THE UNIVERSITY OFFERS FINANCIAL SUPPORT TO STUDENTS THROUGH ACADEMIC AND ATHLETIC SCHOLARSHIPS, GRANTS AND STUDENT WORKSTUDY PROGRAMS. RIDER UNIVERSITY IS CURRENTLY ORGANIZED INTO FIVE COLLEGES - THE COLLEGE OF LIBERAL ARTS AND SCIENCES; THE COLLEGE OF EDUCATION AND HUMAN SERVICES; THE COLLEGE OF BUSINESS ADMINISTRATION; THE COLLEGE OF CONTINUING STUDIES; AND THE WESTMINSTER COLLEGE OF THE ARTS. THE PRIVATE UNIVERSITY CURRENTLY SERVES APPROXIMATELY 3,900 UNDERGRADUATE STUDENTS AND 930 GRADUATE STUDENTS IN 71 UNDERGRADUATE AND 28 GRADUATE PROGRAMS. CONTINUED ON SCHEDULE OTHE UNIVERSITY ALSO OFFERS 27 UNDERGRADUATE AND GRADUATE CERTIFICATIONS. FULL-TIME FACULTY NUMBER 248, WITH 97% HOLDING A DOCTORATE OR THE HIGHEST DEGREE IN THEIR FIELD.RIDER IS REGIONALLY ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION AND ALSO HOLDS SPECIALIZED ACCREDITATION WITH THESE PRESTIGIOUS EDUCATIONAL ORGANIZATIONS:- AACSB INTERNATIONAL (ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS) - RIDER IS AMONG THE SELECT BUSINESS SCHOOLS TO HAVE ATTAINED THIS DISTINCTION AND THE ONLY SCHOOL IN NEW JERSEY TO HOLD THE SPECIALIZED AACSB ACCREDITATION IN ACCOUNTING.- NCATE - ELEMENTARY AND SECONDARY EDUCATION PROGRAMS AND THEIR APPLICABLE GRADUATE PROGRAMS ON BOTH CAMPUSES ARE ACCREDITED BY THE NATIONAL COUNCIL FOR THE ACCREDITATION OF TEACHER EDUCATION.- NASM - THE UNDERGRADUATE AND GRADUATE MUSIC PROGRAMS OF WESTMINSTER CHOIR COLLEGE ARE ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC.- CACREP - RIDER'S GRADUATE COUNSELING SERVICES PROGRAM IN THE SCHOOL OF EDUCATION HOLDS NATIONAL ACCREDITATION FROM THE COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATION PROGRAMS.- NASP - THE SCHOOL PSYCHOLOGY PROGRAM IN THE SCHOOL OF EDUCATION IS ACCREDITED BY THE NATIONAL ACCREDITATION OF SCHOOL PSYCHOLOGISTS.- AMERICAN CHEMICAL SOCIETY - RIDER'S CHEMISTRY PROGRAM IS ACCREDITED BY THE AMERICAN CHEMICAL SOCIETY. 26996823 45875841 STUDENT SERVICES: RIDER UNIVERSITY PROVIDES THESE SERVICES TO THE ENTIRE STUDENT COMMUNITY IN AN EFFORT TO DEVELOP THE INTELLECTUAL AND SOCIAL TALENTS OF ITS STUDENTS. THESE SERVICES INCLUDE: ADMISSIONS, ATHLETICS, GREEK LIFE, CAREER SERVICES, COUNSELING CENTER, HEALTH SERVICES, FINANCIAL AID, AND RECREATION PROGRAMS. 22102059 573512 31818396 AUXILIARY ENTERPRISES: PRIMARY ROOM AND BOARD. RIDER UNIVERSITY HAS A LAWRENCEVILLE CAMPUS AND A PRINCETON CAMPUS. THE LAWRENCEVILLE CAMPUS HOUSES APPROXIMATELY 1,930 STUDENTS IN THIRTEEN RESIDENCE HALLS AND SIX GREEK HOUSES. THE LAWRENCEVILLE CAMPUS OFFERS FACILITIES FOR DINING AND SNACKING FOR STUDENTS, FACULTY, STAFF AND GUESTS AT DALY'S DINING HALL, CRANBERRY'S, STARBUCKS, ANDREW J'S AND SWEIGART EXPRESS.THE PRINCETON CAMPUS HOUSES APPROXIMATELY 120 STUDENTS IN THREE RESIDENCE HALLS. THE PRINCETON CAMPUS OFFERS THE DINING COMMONS AND THE WCC PUB FOR MEALS AND SNACKS FOR STUDENTS, FACULTY, STAFF AND GUESTS. 16900099 28718426 ACADEMIC SUPPORT (EXPENSES $16,304,698 INCLUDING GRANTS $0) (REVENUE $27,706,657) - GENERAL SUPPORT TO THE STUDENTS. THESE INCLUDE ACADEMIC INFORMATION TECHNOLOGY, DEAN'S OFFICES, LIBRARIES, THEATER, ART GALLERY, TV STUDIO, AND OTHER SIMILAR ACADEMIC ACTIVITIES.RESEARCH (EXPENSES $595,401 INCLUDING GRANTS $0) (REVENUE $1,011,769) - RESEARCH PERFORMED BY FACULTY AND STUDENTS. 16900099 28718426 204940350 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 267 0 3230 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CA CO KY MD MA MI NH NY OH OK OR SC WA X X PETER E BIHUNIAK 6098965009 2083 LAWRENCEVILLE RD LAWRENCEVILLE NJ 086483099 ROBERT SCHIMEK CHAIR 1.00 X X 0 0 0 F CHRISTOPHER CAROTHERS VICE CHAIR 1.00 X X 0 0 0 JOHN GUARINO VICE CHAIR 1.00 X X 0 0 0 ALBERTO BAPTISTE TRUSTEE 1.00 X 0 0 0 ROBERT CHRISTIE TRUSTEE 1.00 X 0 0 0 JEFFREY CORNELIUS TRUSTEE 1.00 X 0 0 0 E BRUCE DIDONATO TRUSTEE 1.00 X 0 0 0 MOLLY O'NEIL FRANK TRUSTEE 1.00 X 0 0 0 WARREN HIRSCHHORN TRUSTEE 1.00 X 0 0 0 THOMAS LYNCH TRUSTEE 1.00 X 0 0 0 THOMAS MARINO TRUSTEE 1.00 X 0 0 0 JOAN MAZZOTTI TRUSTEE 1.00 X 0 0 0 TERRY MCEWEN TRUSTEE 1.00 X 0 0 0 THOMAS M MULHARE TRUSTEE 1.00 X 0 0 0 GARY NEUBECK TRUSTEE 1.00 X 0 0 0 CHRISTOPHER NIKOLICH TRUSTEE 1.00 X 0 0 0 LEWIS PEPPERMAN TRUSTEE THRU MARCH 2019 1.00 X 0 0 0 DENISE PETITTA TRUSTEE 1.00 X 0 0 0 MICHELE POWERS TRUSTEE 1.00 X 0 0 0 BARRY RABNER TRUSTEE 1.00 X 0 0 0 SHERISE RITTER TRUSTEE 1.00 X 0 0 0 WILLIAM M RUE TRUSTEE 1.00 X 0 0 0 COLLEEN STACY SHAPIRO TRUSTEE 1.00 X 0 0 0 MARK SCHWEIKER TRUSTEE 1.00 X 0 0 0 ARTHUR J STAINMAN TRUSTEE 1.00 X 0 0 0 GREGORY G DELL'OMO PRESIDENT 50.00 X 480018 0 85399 DONNAJEAN A FREDEEN PROVOST/VP ACADEMIC AFFAIRS 50.00 X 247422 0 41848 MARK A SOLOMON VP LEGAL AFFAIRS & GENERAL COUNSEL 50.00 X 213496 0 37918 DEBORA Z STASOLLA SECRETARY VP STRATEGIC INITIATIVES & PLANNING 50.00 X 152743 0 29386 JAMES P HARTMAN VP FINANCE & TREASURER 50.00 X 0 0 0 JULIE A KARNS VP FINANCE TREASURER THRU JULY 2018 50.00 X 166845 0 9671 MARSHA BEWERSDORF INTERIM VP FINANCE THRU DEC 2018 50.00 X 92448 0 5361 DREW C AROMANDO VP ENROLLMENT MANAGEMENT 50.00 X 202939 0 12074 JONATHAN H MILLEN DEAN COLLEGE LIBERAL ARTS & SCIENCES 37.50 X 196335 0 35676 MICHAEL F RECA VP FACILITIES & UNIVERSITY OPERATIONS 50.00 X 186431 0 11048 PETER E BIHUNIAK AVP FINANCE AND CONTROLLER 37.50 X 165079 0 1104 KEVIN A BAGGETT BASKETBALL COACH 37.50 X 281567 0 35078 CYNTHIA NEWMAN PROFESSOR MARKETING 37.50 X 243640 0 29399 GARY M BROSVIC PROFESSOR PSYCHOLOGY 37.50 X 227053 0 24214 MARSHALL ONOFRIO DEAN WESTMINSTER COLLEGE OF THE ARTS 37.50 X 207856 0 21724 KARIN KLIM VP UNIVERSITY ADVANCEMENT 50.00 X 197915 0 36961 3261787 0 416861 214 0 1 0 GRACE CONSTRUCTION MANAGEMENT 3300 NJ-138 WALL TOWNSHIP NJ 07719 CONSTRUCTION 2206834 ELLUCIAN COMPANY LP 62590 COLLECTION CENTER DR CHICAGO IL 60693 INFORMATION TECHNOLOGY 1647174 PEPPER HAMILTON LLP 301 CARNEGIE CTR STE 400 PRINCETON NJ 08540 LEGAL 831332 PRICEWATERHOUSECOOPERS 4040 W BOY SCOUT BLVD TAMPA FL 33607 ADVISORY SERVICES 382293 KAUFMAN HALL AND ASSOCIATES 5202 OLD ORCHARD RD STE N700 SKOKIE IL 60077 STRATEGIC PLANNING 217228 13 5000 117125 3467012 16960686 1356572 20549823 TUITION AND FEES 611310 172273498 172273498 ROOM AND BOARD 611310 29612870 29612870 OTHER PROGRAM SERVICE REVENUE 611310 4661082 4661082 STUDY TOURS 611310 450290 450290 206997740 1608228 -31759 1639987 747148 747148 27579 27579 262582 66136 0 0 262582 66136 328718 66136 262582 62536235 61183550 1352685 1352685 67390 1285295 101066 117125 133817 -32751 -32751 BUSINESS CONF CENTER 721000 1185750 754113 431637 FITNESS CENTER 713940 34081 24739 9342 VENDING MACHINE COMMISSION 722210 34009 34009 1253840 232833010 206997740 880619 4404828 80322997 80322997 2600710 773383 1595425 231902 71928969 61100984 9125615 1702370 2665742 2591670 500 73572 10659519 9151802 1258469 249248 6178032 4534577 1509806 133649 455383 455383 1494311 1494311 151500 151500 8745 8745 54788 54788 311389 311389 5147604 2893940 2196829 56835 1164915 285045 759407 120463 3561030 2841345 599409 120276 5504144 4503518 869134 131492 9598138 9082968 463808 51362 2745000 2507909 194944 42147 1069757 898339 146177 25241 1306366 1265621 33512 7233 10557637 10138499 361071 58067 1440958 195597 1245361 FOOD SERVICE 7209079 7209079 BAD DEBT 1568699 703538 865161 BOOKS, PERIODICALS, SUB 1309574 1292778 6527 10269 DUES AND MEMBERSHIPS 812666 450620 351298 10748 1960574 1740758 182795 37021 231788226 204940350 23731193 3116683 26490 25990 33262490 28096191 12665763 21525956 3006403 3680929 2466609 2688781 298176986 165849615 119115944 132327371 73644389 61450445 26006715 26115437 4595225 3174311 1533263 1928752 276323291 281014163 21732251 21916064 4461819 8116000 80323942 78449551 322613 381542 910498 728303 13789462 13458380 121540585 123049840 X 81680948 70834881 25447457 30905566 47654301 56223876 154782706 157964323 276323291 281014163 X 1044784 2229256 -92423 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 2146 1 17416 1 8745 28307 0 PART II-B, LINE 1: PART II-B, LINE 1(B) AND 1(G) - PAID STAFF AND DIRECT CONTACT: THE PRESIDENT MET WITH KEY LEGISLATORS AND POLICYMAKERS IN AN EFFORT TO ADVOCATE ON BEHALF OF THE STUDENTS AT RIDER UNIVERSITY WHO RECEIVE FINANCIAL SUPPORT FROM THE STATE AND FEDERAL GOVERNMENT. PART II-B, LINE 1(H) - SPEECHES, LECTURES: THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IN NEW JERSEY (AICUNJ) IS COMMITTED TO THE ADVANCEMENT OF INDEPENDENT HIGHER EDUCATION IN NEW JERSEY. IT SERVES AS A LIAISON WITH THE STATE AND FEDERAL GOVERNMENT ON BEHALF OF THE INDEPENDENT SECTOR. THE PRESIDENT OF RIDER UNIVERSITY ATTENDED AICUNJ MEETINGS, AS WELL AS OTHER INDUSTRY ASSOCIATION MEETINGS, THROUGHOUT FISCAL YEAR 2019 AND SUPPORTED ITS EFFORTS TO ADVOCATE ON BEHALF OF RIDER AND THE INDEPENDENT SECTOR. PART II-B, LINE 1(I) - OTHER LOBBYING ACTIVITIES: THE UNIVERSITY PAYS ANNUAL ASSOCIATION DUES TO THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IN NEW JERSEY (AICUNJ), TO THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU), AND TO THE INDEPENDENT COLLEGE FUND OF NEW JERSEY (ICFNJ). AMONG OTHER SERVICES, THESE ASSOCIATIONS LOBBY ON BEHALF OF SECTOR NEEDS. 0 1 X 59732623 8093298 2707988 3035017 452908 67045984 57307247 1591882 4162599 2895013 434092 59732623 55014641 1137210 6336806 2693180 2488230 57307247 56381872 2605904 -1455717 2065856 451562 55014641 66010968 1169330 -58850 1641425 9098151 56381872 0.05990 0.94010 0.00000 0 0 3330000 253359 3583359 205625806 114074709 91551097 25859701 13841539 12018162 63108120 37933367 25174753 132327371 ALTERNATIVES: PRIVATE EQUITY 5196617 F ALTERNATIVES: DOMESTIC EQUITY 3189659 F ALTERNATIVES: INTERNATIONAL EQUITY 6543164 F ALTERNATIVES: FIXED INCOME 2504122 F ALTERNATIVES: PRIVATE REAL ASSETS 3412992 F ALTERNATIVES: FLEXIBLE CAPITAL 5268883 F 26115437 US GOVERNMENT GRANTS REFUNDABLE 3420865 ASSET RETIREMENT OBLIGATION 5337420 EMPLOYEE AND RETIREE MEDICAL SELF-INSURED LIABILITY 1478667 STUDENT DEPOSITS AND CREDIT BALANCES 862919 ANNUITIES PAYABLE 670250 CAPITAL LEASE 1120419 OTHER LIABILITIES 272240 VENDOR LIABILITIES 295600 13458380 X 154956818 2229256 528938 2758194 152198624 311389 80322997 80634386 232833010 151775201 621361 621361 151153840 311389 80322997 80634386 231788226 PART IV, LINE 2B: THE UNIVERSITY IS A CUSTODIAN OF SEVERAL AGENCY ACCOUNTS TOTALING $381,542. THE AGENCY ACCOUNTS PRIMARILY RELATE TO STUDENT ORGANIZATIONS FOR WHICH THE UNIVERSITY HOLDS THE FUNDS FOR EACH ORGANIZATION UNTIL SUCH TIME AS A CHECK REQUEST IS SUBMITTED BY THE ORGANIZATION FOR REIMBURSEMENT. THIS AMOUNT IS RECORDED AS A LIABILITY ON THE UNIVERSITY'S BALANCE SHEET. PART V, LINE 4: THE ENDOWMENT SPENDING POLICY SUPPORTS SCHOLARSHIPS, GRANTS, FACILITIES, AND PROGRAMS, IN ACCORDANCE WITH THE UNIVERSITY'S MISSION AND DONOR'S RESTRICTIONS. PART X, LINE 2: THE UNIVERSITY IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND, THEREFORE, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. THE UNIVERSITY RECOGNIZES THE EFFECTS OF INCOME TAX PROVISIONS ONLY IF THOSE PROVISIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. NO PROVISION FOR INCOME TAXES WAS REQUIRED IN 2019 AND 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PENSION 308,848. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 214,683. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 5,407. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE - TUITION AND FEES 79,749,485. SCHOLARSHIP ALLOWANCE - AUXILIARIES 573,512. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE-OFF OF CONTRIBUTION RECEIVABLE 621,361. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE - TUITION AND FEES 79,749,485. SCHOLARSHIP ALLOWANCE - AUXILIARIES 573,512. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A GENERAL STATEMENT OF NON-DISCRIMINATION IS INCLUDED IN ALL ADVERTISEMENTS, IN NEWSPAPERS OF GENERAL CIRCULATION, OTHER PRINTED MEDIA RELATING TO THE RECRUITMENT OF STUDENTS AND EMPLOYEES, AND ON THE UNIVERSITY'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED THE FOLLOWING FEDERAL AND STATE OF NEW JERSEY STUDENT FINANCIAL ASSISTANCE: FEDERAL: FEDERAL DIRECT STUDENT LOAN PROGRAM $36,163,239 FEDERAL PELL GRANT PROGRAM $5,831,335 FEDERAL TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION (TEACH) GRANTS PROGRAM $3,736 FEDERAL WORK-STUDY $646,536 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT $428,257 FEDERAL STUDENT SUPPORT SERVICES $40,500 TOTAL FEDERAL STUDENT FINANCIAL ASSISTANCE $43,113,603 STATE OF NEW JERSEY: N.J. - TUITION AID GRANT $9,064,008 N.J. - GOVERNOR'S URBAN SCHOLARS $7,000 N.J. - STARS II $28,750 N.J. - EDUCATIONAL OPPORTUNITY FUND $632,392 TOTAL STATE OF NEW JERSEY STUDENT FINANCIAL ASSISTANCE $9,732,150 TOTAL STUDENT FINANCIAL ASSISTANCE $52,845,753 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 6593576 NORTH AMERICA 0 0 INVESTMENTS 548388 0 0 0 0 0 0 7141964 0 7141964 1 0 1 1 1 0 PART I, LINE 3: INVESTMENTS ARE REVIEWED BY THE INVESTMENT SUBCOMMITTEE OF THE BUSINESS AFFAIRS COMMITTEE OF THE BOARD OF TRUSTEES, AS WELL AS BY RIDER'S INVESTMENT MANAGER. SCHEDULE F, PART IV, LINE 3: THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP REQUIREMENT. X X X X X X X 1 WILSON-BENNETT TECHNOLOGY INC 140 PROFESSIONAL DRIVE SUITE 2 CABOT AR 720238675 CONSULTS ON PHONATHON PROGRAM 0 139318 54788 84530 139318 54788 84530 AL AK AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MO MS OH ND NC NY NM NJ NH PA OR OK VA UT TN SC RI WI WV WA RACQUET AND TENNIS 53875 37995 15880 20062 150 4341 ATHLETICS GOLF 55570 17700 37870 12562 2385 21267 2757 4 108746 61430 47316 2979 9006 33751 24557 218191 117125 101066 15541 11391 75080 150 31655 133817 -32751 1 FEDERAL AMERICORPS EDUCATION AWARDS 7 13597 FEDERAL MATHEMATICS AND SCIENCE PARTNERSHIP PROGRAM 1 1845 FEDERAL STUDENT SUPPORT SERVICES PROGRAM 29 40500 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT 916 428257 N.J. - EDUCATIONAL OPPORTUNITY FUND 105 566445 NSF NOYCE GROW YOUR OWN PIPELINE 13 151112 RESTRICTED AID USED FOR SCHOLARSHIPS 585 2402172 RIDER UNIVERSITY ATHLETIC, MERIT AND NEED-BASED FINANCIAL AID 3621 76719069 PART I, LINE 2: THE UNIVERSITY HAS ESTABLISHED POLICIES, PROCEDURES, AND CONTROLS OVER THE AWARDING, DISBURSING, AND MONITORING OF STUDENT FINANCIAL AID OR ASSISTANCE TO INDIVIDUAL STUDENTS IN COMPLIANCE WITH FEDERAL AND STATE OF NEW JERSEY REGULATIONS AND REQUIREMENTS. IN ADDITION, THE UNIVERSITY HAS AN EXTERNAL AUDIT PERFORMED IN ACCORDANCE WITH TITLE 2 U.S. CODE OF FEDERAL REGULATIONS PART 200 (UNIFORM GUIDANCE) AND NEW JERSEY OFFICE OF MANAGEMENT AND BUDGET CIRCULAR 15-08. X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 GREGORY G DELL'OMO PRESIDENT 465134 0 0 0 14884 0 23750 0 61649 0 565417 0 0 0 DONNAJEAN A FREDEEN PROVOST/VP ACADEMIC AFFAIRS 245100 0 0 0 2322 0 12864 0 28984 0 289270 0 0 0 MARK A SOLOMON VP LEGAL AFFAIRS & GENERAL COUNSEL 210526 0 0 0 2970 0 10967 0 26951 0 251414 0 0 0 DEBORA Z STASOLLA SECRETARY VP STRATEGIC INITIATIVES & PLANNING 151319 0 0 0 1424 0 8181 0 21205 0 182129 0 0 0 JULIE A KARNS VP FINANCE TREASURER THRU JULY 2018 159437 0 0 0 7408 0 8396 0 1275 0 176516 0 0 0 DREW C AROMANDO VP ENROLLMENT MANAGEMENT 196884 0 0 0 6055 0 9844 0 2230 0 215013 0 0 0 JONATHAN H MILLEN DEAN COLLEGE LIBERAL ARTS & SCIENCES 195390 0 0 0 945 0 9815 0 25861 0 232011 0 0 0 MICHAEL F RECA VP FACILITIES & UNIVERSITY OPERATION 179070 0 0 0 7361 0 8954 0 2094 0 197479 0 0 0 PETER E BIHUNIAK AVP FINANCE AND CONTROLLER 162806 0 2000 0 273 0 0 0 1104 0 166183 0 0 0 KEVIN A BAGGETT BASKETBALL COACH 278167 0 0 0 3400 0 18195 0 16883 0 316645 0 0 0 CYNTHIA NEWMAN PROFESSOR MARKETING 242484 0 0 0 1156 0 11728 0 17671 0 273039 0 0 0 GARY M BROSVIC PROFESSOR PSYCHOLOGY 226083 0 0 0 970 0 7952 0 16262 0 251267 0 0 0 MARSHALL ONOFRIO DEAN WESTMINSTER COLLEGE OF THE ARTS 204944 0 0 0 2912 0 10446 0 11278 0 229580 0 0 0 KARIN KLIM VP UNIVERSITY ADVANCEMENT 191879 0 0 0 6036 0 10203 0 26758 0 234876 0 0 0 PART I, LINE 7 PETER BIHUNIAK, AVP FINANCE AND CONTROLLER, RECEIVED PERFORMANCE-BASED BONUS OF $2,000. BONUS WAS APPROVED BY THE DIVISION HEAD AND HUMAN RESOURCES. FORM 990, SCHEDULE J: PART I, LINE 1A; PART II, COLUMN (D): RIDER UNIVERSITY HAS PAID $13,706 IN SOCIAL CLUB MEMBERSHIP DUES FOR UNIVERSITY BUSINESE PURPOSES ON BEHALF OF PRESIDENT GREGORY G. DELL'OMO. THIS AMOUNT IS NONTAXABLE TO THE RECIPIENT. PART I, LINE 1A; PART II, COLUMN (D): THE NONTAXABLE BENEFITS AMOUNT OF $ 61,649 OF PRESIDENT GREGORY G. DELL'OMO INCLUDES THE MARKET VALUE OF THE UNIVERSITY RESIDENCE PROVIDED TO THE PRESIDENT. THE MARKET VALUE OF THE UNIVERSITY RESIDENCE IS APPROXIMATELY 47% OF NONTAXABLE BENEFITS. THE PRESIDENT OF THE UNIVERSITY IS REQUIRED TO ACCEPT LODGING AND LIVE ADJACENT TO THE LAWRENCEVILLE CAMPUS AS A CONDITION OF HIS EMPLOYMENT. PART II, COLUMN (D): APPROXIMATELY 7% OF DONNAJEAN A. FREDEEN'S NONTAXABLE BENEFITS AMOUNT OF $28,984 REPRESENTS TUITION REMISSION. PART II, COLUMN (D): APPROXIMATELY 9% OF DEBORA Z. STASOLLA'S NONTAXABLE BENEFITS AMOUNT OF $21,205 REPRESENTS TUITION REMISSION. PART II, COLUMN (D): NONTAXABLE BENEFITS, EXCLUSIVE OF THE ITEMS NOTED ABOVE, REPRESENT THE VALUE OF THE HEALTH CARE BENEFITS WHICH VARY BY INDIVIDUAL BENEFIT ELECTIONS. A NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 6460652M3 2012-04-04 55203833 CAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILITIES AND REFUNDING OF PRIOR BONDS 0 0 0 B NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 646066DG2 2014-04-29 200975862 ADVANCE REFUND PRIOR POOLED FINANCINGS 0 0 1 C NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 2016-07-26 20805115 CURRENT REFUND PRIOR POOLED FINANCINGS 0 0 1 D NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 646066F54 2016-12-20 30676062 TO RENOVATE SPACE WITHIN THE SCIENCE AND TECHNOLOGY BUILDING 0 0 1 A 20220000 55305595 570340 10037181 44698075 2015 1 1 1 1 B 55949 176248 176248 0 1 1 1 C 254396 2181777 2181777 1 0 1 1 D 10352 1002561 1002561 0 0 0 1 A 0 1 1 1 0 0.01300 0.01100 0.02400 0 0 1 B 0 1 1 1 0 0.59600 0.00000 0.59600 0 0 1 C 0 1 1 1 0 0.59600 0.00000 0.59600 0 0 1 D 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 1 0 0 0 1 1 B 0 0 0 1 0 0 0 1 1 C 0 1 1 1 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 FORM 990, SCHEDULE K: ENTITY 1: BOND A, PART I, BOND ISSUES: (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: CAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILITIES AND REFUNDING OF PRIOR BONDS BOND B, PART I, BOND ISSUES: (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: ADVANCE REFUND PRIOR POOLED FINANCINGS BOND C, PART I, BOND ISSUES: (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: CURRENT REFUND PRIOR POOLED FINANCINGS BOND D, PART I, BOND ISSUES: (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: TO RENOVATE SPACE WITHIN THE SCIENCE AND TECHNOLOGY BUILDING BOND A, PART I(F): BONDS REFUNDED BY SERIES 2012A: SERIES 2007C (ISSUED 6/21/07), SERIES 2004A (ISSUED 6/17/04), SERIES 2002A (ISSUED 04/03/02). BOND A, PART II, LINE 3: AMOUNT LISTED DIFFERS FROM THE ISSUE PRICE LISTED IN PART I(E) DUE TO INVESTMENT EARNINGS ACCRUED. BOND A, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. BOND A, PART IV, LINE 2(B): THE PORTION OF THE SERIES 2012A BOND PROCEEDS USED FOR CURRENT REFUNDING MET THE 6-MONTH SPENDING EXCEPTION. BOND A, PART IV, LINE 2(C): THE REBATE REPORT WAS PREPARED BY HAWKINS DELAFIELD & WOOD LLP AND DATED JULY 27, 2015. BOND B, PART I(F): THE BONDS REFUND THE BORROWER'S HECIF SERIES 2004 A (ISSUED 04/14/2014). BOND B, PART II: REFLECTS ONLY THE AMOUNTS RECEIVED BY RIDER UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS. BOND B, PART II, LINE 1: AMOUNT SHOWN REPRESENTS THE BONDS RETIRED THAT ARE ALLOCABLE TO THE BORROWER'S PORTION OF DEBT SERVICE RESPONSIBILITY. BOND B, PART III, LINE 7: ALTHOUGH THE PRIVATE USE PERCENTAGE WITH RESPECT TO THE BORROWER'S PORTION OF THE BONDS EXCEEDS 5%, THE BORROWER'S PORTION OF THE BONDS REPRESENTS LESS THAN 5% OF THE BONDS. ACCORDINGLY, ANY PRIVATE PAYMENTS WITH RESPECT TO THE BORROWER'S PORTION OF THE BONDS SHOULD NOT EXCEED 5% OF THE BONDS. BOND B, PART IV, LINE 2(C): THE MOST RECENT 5TH YEAR REBATE REPORT WAS PREPARED BY BLX GROUP AND DATED JULY 16, 2018. BOND C, PART I(F): BONDS CURRENT REFUNDED: HECIF SERIES 2006 A (ISSUED 10/26/2006) AND HECIF SERIES 2005 A (ISSUED 08/10/2005). BOND C, PART II: REFLECTS ONLY THE AMOUNTS RECEIVED BY RIDER UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS. BOND C, PART III, LINES 4 & 5: REFLECTS ONLY THE PRIVATE USE PERCENTAGE APPLICABLE TO THE PORTION OF THE BONDS AND THE HECIF SERIES 2004 A BONDS (WHICH WERE REFUNDED BY THE HECIF 2006 A BONDS) ALLOCABLE TO THE BORROWER ISSUED AFTER JANUARY 1, 2003. ALL OTHER BONDS ISSUED PRIOR JANUARY 1, 2003 HAVE BEEN EXCLUDED FROM PART III ON THIS SCHEDULE. BOND C, PART III, LINE 7: ALTHOUGH THE PRIVATE USE PERCENTAGE WITH RESPECT TO THE BORROWER'S PORTION OF THE BONDS THAT REFUND BONDS ISSUED AFTER DECEMBER 31, 2002 EXCEEDS 5%, THE BORROWER'S PORTION OF THE BONDS THAT REFUND BONDS ISSUED AFTER DECEMBER 31, 2002 REPRESENTS LESS THAN 5% OF THE BONDS. ACCORDINGLY, ANY PRIVATE PAYMENTS WITH RESPECT TO SUCH PORTION WOULD NOT EXCEED 5% OF THE BONDS. BOND C, PART IV, LINES 2(B) & 2(C): BONDS HAVE MET THE 6-MONTH EXCEPTION TO REBATE AND, THEREFORE, NO PAYMENT TO THE IRS WILL EVER BECOME DUE ON THE BONDS. BOND D, PART II: REFLECTS ONLY THE AMOUNT RECEIVED BY RIDER UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS. BOND D, PART II, LINE 1: AMOUNT SHOWN REPRESENTS THE BONDS RETIRED THAT ARE ALLOCABLE TO THE BORROWER'S PORTION OF DEBT SERVICE RESPONSIBILITY. BOND D, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. ENTITY 2: BOND A, PART 1, BOND ISSUES: (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: CAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILITIES BOND A, PART II, LINE 3: AMOUNT LISTED DIFFERS FROM THE ISSUE PRICE LISTED IN PART I(E) DUE TO INVESTMENT EARNINGS ACCRUED. BOND A, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. A NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 646066Z94 2017-11-30 44228160 CAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILITIES 0 0 0 A 45210855 2051521 564023 14143697 42232 28409381 0 0 0 1 A 0 1 0 0 0.00000 0.00200 0.00200 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 24000 MERIT SCHOLARSHIP SCHEDULE L, PART III, GRANTS OR ASSISTANCE BENEFITTING INTERESTED PERSONS: (C) AMOUNT OF GRANT: $24,000.(D) TYPE OF ASSISTANCE: MERIT SCHOLARSHIP(E) PURPOSE OF ASSISTANCE: MERIT SCHOLARSHIP GRANTS OR OTHER ASSISTANCE BENEFITTING INTERESTED PERSONS: STUDENTS OF TRUSTEES AND OFFICERS RECEIVING FINANCIAL AID FOLLOW THE SAME NEED-BASED ASSESSMENT AS OTHER STUDENTS RECEIVING SCHOLARSHIP AS DESCRIBED ON SCHEDULE I, PART IV. X 14 1356572 MEAN PRICE-GIFT DATE 0 0 1 0 PART I, COLUMN (B): RIDER UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTORS WHO MADE STOCK DONATIONS DURING THE FISCAL YEAR. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION'S MISSION: RIDER'S VISION RIDER UNIVERSITY WILL BE A PREMIER, FORWARD-LOOKING UNIVERSITY KNOWN FOR ITS ENGAGED LEARNING PROGRAM THAT, TOGETHER WITH DYNAMIC ACADEMIC PROGRAMS, ENRICHING CO-CURRICULAR EXPERIENCES AND A VIBRANT LIVING AND LEARNING COMMUNITY, CHALLENGES STUDENTS, EXCITES THEIR IMAGINATIONS AND INSTILLS IN THEM EXCELLENCE IN THOUGHT AND ACTION, PREPARING THEM FOR HIGHLY ENGAGED AND FULFILLING PROFESSIONAL AND PERSONAL LIVES. RIDER'S MISSION RIDER UNIVERSITY WELCOMES STUDENTS FROM THROUGHOUT THE REGION, ACROSS THE NATION, AND AROUND THE WORLD WHO SEEK TO BE CHALLENGED AND SUPPORTED AS ACTIVE MEMBERS OF OUR INCLUSIVE AND VIBRANT LIVING AND LEARNING COMMUNITY. COMMITTED TO STUDENT GROWTH, TRANSFORMATION AND LEADERSHIP, WE CONNECT RIGOROUS ACADEMIC, ARTISTIC AND PROFESSIONAL PROGRAMS OF STUDY WITH A RICH ARRAY OF LEARNING EXPERIENCES THAT ENGAGE STUDENTS INSIDE AND OUTSIDE THE CLASSROOM. WE PREPARE GRADUATES TO THRIVE PROFESSIONALLY AND TO BE LIFELONG INDEPENDENT LEARNERS AND RESPONSIBLE CITIZENS WHO EMBRACE DIVERSITY, SUPPORT THE COMMON GOOD, AND CONTRIBUTE MEANINGFULLY TO THE CHANGING WORLD IN WHICH THEY LIVE AND WORK. RIDER'S PROMISE OUR STUDENTS, ALUMNI, FACULTY, STAFF AND ADMINISTRATORS LIVE THE RIDER PROMISE BY BEING FOREVER: - PREPARED TO CONTRIBUTE MEANINGFULLY TO THE CHANGING WORLD IN WHICH THEY LIVE AND WORK - RESPECTFUL OF ALL PEOPLE, RIGHTS, FREEDOMS AND INDIVIDUAL DIFFERENCES - OPEN TO A LIFE OF INDEPENDENT LEARNING - MOTIVATED TO BE RESPONSIBLE CITIZENS WHO SUPPORT THE COMMON GOOD - INNOVATIVE, CREATIVE AND RESOURCEFUL - SKILLED AND THRIVING PROFESSIONALS, EDUCATORS, ARTISTS AND PERFORMERS - ENGAGED IN THEIR COMMUNITIES AS LEADERS AND ROLE MODELS THE RIDER PROMISE IS OFFERED AS A REPRESENTATION OF THE NEW MISSION IN RESPONSE TO FEEDBACK FROM STUDENTS DURING THE STRATEGIC PLANNING PROCESS. IT IS INSPIRED BY RIDER'S RECENT 150TH ANNIVERSARY WHICH EMBRACED THE TAGLINE, FULFILLING THE PROMISE. THIS TAGLINE WAS, IN TURN, INSPIRED BY ANDREW J. RIDER HIMSELF AS DISCUSSED IN THE HISTORICAL BOOKS WRITTEN BY DR. WALTER A. BROWER '48, FORMER DEAN OF THE SCHOOL OF EDUCATION. ANDREW J. RIDER DECLARED IN 1883 THAT RIDER'S FUTURE WAS FULL OF PROMISE. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT AND ENTERPRISE RISK MANAGEMENT COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES PERFORMED A REVIEW OF THE FORM 990 AND ALL APPLICABLE SCHEDULES PRIOR TO SUBMISSION AS PART OF AN AUDIT AND ENTERPRISE RISK MANAGEMENT COMMITTEE MEETING. IN ADDITION, THE FORM 990 AND ALL APPLICABLE SCHEDULES WERE POSTED ON THE UNIVERSITY'S INTRANET FOR THE ENTIRE BOARD OF TRUSTEES TO REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY, AND AN ANNUAL COMPLIANCE REVIEW PROCESS WHICH INCLUDES: - SOLICIT FEEDBACK FROM DIVISION HEADS ON PROPOSED STAFF IN THEIR UNITS WHO SHOULD PARTICIPATE IN THE ANNUAL REPORTING AND REVIEW PROCESS. ANY INDIVIDUAL WHO IS CONSIDERED TO HAVE SIGNIFICANT RESPONSIBILITY FOR INSTITUTIONAL OPERATIONS OR PURCHASING IS INCLUDED. THE POLICY REQUIRES THAT PERSONS INVOLVED IN DECISION MAKING DISCLOSE FINANCIAL OR OTHER INTERESTS - EITHER CURRENT OR PROPOSED - THAT IMPAIR OR MAY APPEAR TO IMPAIR THEIR INDEPENDENT, UNBIASED JUDGMENT. - DISTRIBUTE THE CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE FOR DISCLOSURE OF POTENTIAL CONFLICTS OF INTEREST TO ALL INDIVIDUALS SO IDENTIFIED. IN 2019, 135 INDIVIDUALS (OFFICERS, TRUSTEES, COACHES, AND ADMINISTRATORS) RECEIVED AND COMPLETED THE CONFLICT QUESTIONNAIRE. - REVIEW OF ALL CONFLICT QUESTIONNAIRE RESPONSES BY THE UNIVERSITY BOARD OF TRUSTEES' HUMAN RESOURCES COMMITTEE, WHICH SERVES AS THE CONFLICT COMMITTEE UNDER THE UNIVERSITY'S BYLAWS. THE HUMAN RESOURCES COMMITTEE REPORTS ITS FINDINGS TO THE BOARD OF TRUSTEES, WHICH IS RESPONSIBLE FOR ACTING ON THE COMMITTEE'S FINDINGS - IN PARTICULAR ON ANY CONFLICT THAT MIGHT BE IDENTIFIED. BY POLICY, ANY PROPOSED BUSINESS RELATIONSHIP BETWEEN A TRUSTEE OR THEIR RELATED ENTITY MUST BE EVALUATED AND ACTED ON PRIOR TO ITS POTENTIAL IMPLEMENTATION. NO SUCH RELATIONSHIP CURRENTLY EXISTS. - ANY BOARD MEMBER WITH A CONFLICT WILL RECUSE HIMSELF/HERSELF FROM ANY VOTES REGARDING THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE SENIOR COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES ENGAGES AN INDEPENDENT CONSULTING FIRM TO UNDERTAKE A REASONABLENESS REVIEW OF TOP MANAGEMENT COMPENSATION. TOP MANAGEMENT INCLUDES THE INSTITUTION'S PRESIDENT AND VICE PRESIDENTS. THE REASONABLENESS REVIEW INCLUDES CONSIDERATION OF COMPARABILITY DATA PREPARED BY THE CONSULTANTS WHICH IS PROVIDED TO ALL COMMITTEE MEMBERS AND TO ALL MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. THE BENCHMARK DATA CONSIDERED INCLUDES BOTH SALARY AND TOTAL COMPENSATION INFORMATION. CONTEMPORANEOUS MINUTES ARE MAINTAINED FOR BOTH THE SENIOR COMPENSATION COMMITTEE OF THE BOARD AND FOR THE FULL BOARD OF TRUSTEES MEETINGS. THIS PROCESS WAS LAST UNDERTAKEN IN OCTOBER 2018. THE UNIVERSITY CONSISTENTLY UTILIZES HIGHER EDUCATION BENCHMARKING DATA TO ASSESS THE REASONABLENESS OF KEY EMPLOYEES' COMPENSATION. FACULTY COMPENSATION IS GOVERNED BY A COLLECTIVE BARGAINING AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PENSION 308,848. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 214,683. WRITE-OFF OF CONTRIBUTION RECEIVABLE -621,361. POSTRETIREMENT ACTUARIAL ADJUSTMENT CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 5,407. FORM 990, PART XII, LINE 2C: RIDER UNIVERSITY DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.