2020-07-15T13:34:21-05:00 2019-06-30 111986323 MARCUM LLP 185 ASYLUM STREET HARTFORD CT 06103 990 2018-07-01 060646936 UNIVERSITY OF BRIDGEPORT UNIV 2035764690 126 PARK AVE WAHLSTROM LIBRARY7TH BRIDGEPORT CT 06604 YUET LEE VP OF FINANCE & ADMINISTRATION 2035764690 2020-07-15 1 MARY-EVELYN ANTONETTI P00431862 8607600600 47.19.127.190 2020-07-15 13:08:33 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 04DC45234ACA7FC46FC69F653C1951DD105C433F 2018 2020-09-23 17:36:50Z YUET LEE 126 PARK AVE WAHLSTROM LIBRARY7TH BRIDGEPORT CT 06604 165544781 0 X HTTP://WWW.BRIDGEPORT.EDU X 1927 CT THE UNIVERSITY OF BRIDGEPORT (THE UNIVERSITY) OFFERS CAREER ORIENTED UNDERGRADUATE, GRADUATE, AND PROFESSIONAL DEGREES AND PROGRAMS FOR PEOPLE SEEKING PERSONAL AND PROFESSIONAL GROWTH. THE UNIVERSITY PROMOTES ACADEMIC EXCELLENCE, PERSONAL RESPONSIBILITY, AND COMMITMENT TO SERVICE. DISTINCTIVE CURRICULA IN AN INTERNATIONAL, CULTURALLY DIVERSE, SUPPORTIVE LEARNING ENVIRONMENT PREPARE GRADUATES FOR LIFE AND LEADERSHIP IN AN INCREASINGLY INTERCONNECTED WORLD. THE UNIVERSITY IS INDEPENDENT AND NON-SECTARIAN. 32 32 2253 38 163553 123305 4064230 4494260 135343530 132114953 6123460 697695 1792314 1372113 147323534 138679021 45160769 47380039 0 0 59867171 55574935 0 0 2984228 48756878 44111104 153784818 147066078 -6461284 -8387057 146473153 137344288 89101499 88736977 57371654 48607311 X THE UNIVERSITY OF BRIDGEPORT (THE UNIVERSITY) OFFERS CAREER ORIENTED UNDERGRADUATE, GRADUATE, AND PROFESSIONAL DEGREES AND PROGRAMS FOR PEOPLE SEEKING PERSONAL AND PROFESSIONAL GROWTH. THE UNIVERSITY PROMOTES ACADEMIC EXCELLENCE, PERSONAL RESPONSIBILITY, AND COMMITMENT TO SERVICE. DISTINCTIVE CURRICULA IN AN INTERNATIONAL, CULTURALLY DIVERSE, SUPPORTIVE LEARNING ENVIRONMENT PREPARE GRADUATES FOR LIFE AND LEADERSHIP IN AN INCREASINGLY INTERCONNECTED WORLD. THE UNIVERSITY IS INDEPENDENT AND NON-SECTARIAN. 0 0 127534725 47380039 132862934 THE ORGANIZATION IS AN INDEPENDENT AND NONSECTARIAN INTERNATIONAL ACADEMIC INSTITUTION. THERE WERE APPROXIMATELY 5,485 STUDENTS FROM 44 STATES, 2 U.S. TERRITORIES AND 83 COUNTRIES ENROLLED FOR THE YEAR ENDED JUNE 30, 2019. 127534725 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 1 1 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 78 0 1 2253 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 32 32 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X MALHAR SHARMA U OF BRIDGEPORT 2035764690 126 PARK AVE WALHSTROM LIBRARY BRIDGEPORT CT 066012449 ARTHUR E LANDI TRUSTEE 1.00 X 0 0 0 ROBERT L BERCHEM ESQ CO-CHAIR 1.00 X X 0 0 0 ABRAHAM I GORDON ESQ TRUSTEE 1.00 X 0 0 0 MARK A FRIES TRUSTEE 1.00 X 0 0 0 MARTIN F WOLF ESQ TRUSTEE 1.00 X 0 0 0 HONORABLE FRANK N ZULLO ESQ CO-CHAIR (RESIGNED 09/2018) 1.00 X X 0 0 0 JOSEPH VITTORIA TRUSTEE 1.00 X 0 0 0 PHILLIP G SOAIVAN TRUSTEE 1.00 X 0 0 0 PIERRE TARDY TRUSTEE 1.00 X 0 0 0 JOAN B DUPONT TRUSTEE 1.00 X 0 0 0 NICHOLAS N KITTRIE SJD TRUSTEE 1.00 X 0 0 0 PAUL ANTINOZZI TRUSTEE 1.00 X 0 0 0 THE HONORABLE MARJORIE BUESSING TRUSTEE 1.00 X 0 0 0 DAVID D'ADDARIO TRUSTEE 1.00 X 0 0 0 THOMAS O'HARA TRUSTEE 1.00 X 0 0 0 SHINTARO AKATSU TRUSTEE 1.00 X 0 0 0 SARA TOWE HORSFALL TRUSTEE 1.00 X 0 0 0 BARBARA A JAMES TRUSTEE 1.00 X 0 0 0 ARNOLD H LEMA TRUSTEE 1.00 X 0 0 0 LAMBERT C SHELL SR TRUSTEE 1.00 X 0 0 0 DEVANG C PATEL TRUSTEE (RESIGNED 08/2018) 1.00 X 0 0 0 BRUCE L GRAHAM TRUSTEE (RESIGNED 09/2018) 1.00 X 0 0 0 DIANE ALLISON ESQ TRUSTEE 1.00 X 0 0 0 THOMAS G WALSH CO-CHAIR 1.00 X X 0 0 0 THE HONORABLE JOSEPH P GANIM TRUSTEE 1.00 X 0 0 0 KI HOON KIM TRUSTEE 1.00 X 0 0 0 SUSAN HECKMAN O'HARA TRUSTEE 1.00 X 0 0 0 MICHAEL KOLAKOWSKI TRUSTEE 1.00 X 0 0 0 MICHAEL LABELLA TRUSTEE 1.00 X 0 0 0 DAVID K NORTON TRUSTEE 1.00 X 0 0 0 TERRANCE J O'CONNOR SECRETARY 1.00 X X 0 0 0 BRUCE T SILVERSTONE TRUSTEE 1.00 X 0 0 0 MARKUS KARR TRUSTEE 1.00 X 0 0 0 KEVIN C LEAHY TRUSTEE 1.00 X 0 0 0 FREDERICK W SERRA TRUSTEE 1.00 X 0 0 0 TAREK M SOBH EVP RESEARCH & ECON DEVEP 35.00 X 366972 0 23597 SUSAN D WILLIAMS PHD VP ADMIN/FIN (RESIGNED 08/2018) 35.00 X 339982 0 1599 CAROLYN R LINSEY IN HOUSE COUNSEL 35.00 X 235196 0 8840 STEPHEN HEALEY PROVOST 35.00 X 247840 0 864 LAURA SKANDERA TROMBLEY PRESIDENT 35.00 X 269043 0 28369 YUET LEE VP ADMIN/FIN 35.00 X 106843 0 0 LLOYD GIBSON DEAN SCHOOL OF BUSINESS 35.00 X 225654 0 10825 KHALED ELLEITHY ASSOC VP GRAD STUDIES & RE 35.00 X 226545 0 18441 DAVID BRADY VP HLTH SCIENCES & DIR. NU 35.00 X 181419 0 23597 ABDELSHAKOUR A ABUZNEID ASSOC PROFESSOR OF COMPUTER SCIENCE & ENGINEERING 35.00 X 212457 0 23597 THERESA V HORVATH DIRECTOR, PA INSTITUTE 35.00 X 187389 0 15581 NEIL A SALONEN FORMER PRESIDENT PRESIDENT 35.00 X 795728 0 7355 3395068 0 162665 84 1 1 0 SODEXO OPERATIONS PO BOX 360170 PITTSBURGH PA 152516000 CAMPUS FOOD SERVICE 5873897 C&W 275 GROVE ST SUITE 3-200 AUBURNDALE MA 024662274 BUILDING & GROUNDS MAINTENANCE 5410302 SECURITAS SECURITY 2400 COMMERCE AVE BLDG 1100 SUITE 5 DULUTH GA 30096 SECURITY SERVICE 2159448 RAM BUILDERS 50 QUALITY STREET TRUMBULL CT 06611 CONSTRUCTION & ENGINEERING - CONTRACTORS 1519477 VAZ QUALITY WORKS 179 WILLIAM STREET BRIDGEPORT CT 06608 CONSTRUCTION/EXCAVATING/MASONRY 745587 29 89370 1364006 3040884 26259 4494260 TUITION AND FEES 611310 116971863 116971863 RESIDENCE & MEALS 721000 13432261 13432261 OTHER PROGRAM FEES & REVENUES 611710 1710829 1710829 132114953 517619 517619 5316 5316 460530 0 460530 460530 460530 27000119 26820043 180076 180076 180076 40450 89370 45717 -5267 -5267 RECOVERY OF BAD DEBT 900099 700000 700000 MISCELLANEOUS 900099 211534 47981 163553 911534 138679021 132862934 163553 1158274 39004530 39004530 8375509 8375509 1777043 236164 1540879 43714970 36612302 5475396 1627272 61487 51497 7701 2289 6602250 4671163 1657251 273836 3419185 2772129 524633 122423 175419 175419 151647 151547 100 122202 122202 9533414 7184422 2084910 264082 1067400 70863 965397 31140 3676134 1971084 1487026 218024 1992783 1273729 652938 66116 11879384 11107224 653366 118794 2023098 1248451 670357 104290 787682 621355 160325 6002 2703742 2703742 6756016 6756016 440654 440654 STUDENT TEACHING 735904 735904 STUDENT ACTIVITIES 631921 631921 ATHLETIC EXPENSES 465186 465186 UBI TAXES 74238 74238 894280 600880 143540 149860 147066078 127534725 16547125 2984228 800 899 4786080 5598107 294263 857194 4163971 4668329 4877821 4066765 555032 90340 715900 1017434 211918567 112601945 100664736 99316622 29449769 20805392 964781 923206 146473153 137344288 10727253 10620622 5113389 5224763 1278556 1178429 61736343 59942564 1043556 1006409 9202402 10764190 89101499 88736977 X 46332831 38404462 10346074 9440481 692749 762368 57371654 48607311 146473153 137344288 X -8387057 1436050 -1813336 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0.74 1 1 0 1 0 10.00 0 0 64500 X X 0 0 33949600 70000 2127240 10740055 122201 25284584 37272610 2157778 5314150 166638 33949600 33630153 4435970 793513 37272610 33111721 730248 211816 33630153 31450937 963639 826437 129292 33111721 0.48270 0.48730 0.03000 0 0 4505708 4505708 151748970 69217190 82531780 51904791 43195213 8709578 3759098 189542 3569556 99316622 ACCRUED RETIREMENT BENEFITS 37449 CAPITAL LEASES 702662 INTEREST RATE SWAP 4024079 LINE OF CREDIT 6000000 10764190 X 91963606 1436050 5059 -47380039 -45938930 137902536 122202 654283 776485 138679021 100727866 5059 1858970 1864029 98863837 122202 48080039 48202241 147066078 PART II, LINE 9: THE UNIVERSITY OF BRIDGEPORT PRESERVES A HISTORIC STRUCTURE. NOTHING IS REPORTED ON THE BALANCE SHEET OR IN THE STATEMENT OF FINANCIAL POSITION. PART III, LINE 4: ARTWORK CONSISTS OF VARIOUS LITHOGRAPHS, SERIGRAPHS, ETCHINGS, OIL PAINTINGS AND SCREEN PRINTS. THE UNIVERSITY OFFERS A GRAPHIC DESIGN DEGREE PROGRAM ALONG WITH AN INDUSTRIAL AND INTERIOR DESIGN MAJOR LEADING TO A BACHELOR'S DEGREE. THE UNIVERSITY ALSO OFFERS A FASHION MERCHANDISING 2 YEAR PROGRAM. STUDENTS WORKS OF ART ARE SHOWN ON DISPLAY ALONG WITH THE ABOVE PIECES THAT THE UNIVERSITY OWNS. PART V, LINE 4: ENDOWMENT FUND REVENUE IS USED FOR GENERAL OPERATING SUPPORT UNLESS IT IS RESTRICTED BY THE DONOR FOR A SPECIFIC PURPOSE. PART X, LINE 2: THE UNIVERSITY IS GENERALLY EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE, SECTION 501(A), AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THE UNIVERSITY ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A TWO-STEP APPROACH TO RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS. THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES THAT IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED ON AUDIT, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATION PROCESSES, IF ANY. THE SECOND STEP IS TO MEASURE THE TAX BENEFIT AS THE LARGEST AMOUNT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT. THE UNIVERSITY CLASSIFIES THE LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS CURRENT TO THE EXTENT THAT THE UNIVERSITY ANTICIPATES PAYMENT (OR RECEIPT) OF CASH WITHIN ONE YEAR. INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS ARE RECOGNIZED AND RECORDED AS NECESSARY IN THE PROVISION FOR INCOME TAXES. THE UNIVERSITY ASSESSED UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: GRANTS -47,380,039. PART XI, LINE 4B - OTHER ADJUSTMENTS: GOLF TOURNAMENT EXPENSES -45,717. BAD DEBT RECOVERIES 700,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: GOLF TOURNAMENT EXPENSES 45,717. CHANGE IN FV OF INTEREST RATE SWAP 1,813,253. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS 47,380,039. BAD DEBT RECOVERIES 700,000. 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 FOLLOWING POLICY APPEARS ON THE UNIVERSITY OF BRIDGEPORT'S WEBSITE, ADMISSION APPLICATIONS AND CATALOG. THE UNIVERSITY OF BRIDGEPORT DOES NOT DISCRIMINATE ON THE BASIS OF RACE,COLOR,NATIONAL ORIGIN,RELIGION,AGE,SEX,GENDER,SEXUAL ORIENTATION,DISABILITY,MARITAL STATUS,GENETIC INFORMATION, VETERAN STATUS OR GENDER IDENTITY AND GENDER EXPRESSION. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED THE FOLLOWING GOVERNMENT GRANTS FOR SCHOLARSHIPS AND FINANCIAL AID DURING THE YEAR ENDED JUNE 30, 2019: FEDERAL PERKINS LOAN - FEDERAL FEDERAL WORK STUDY - FEDERAL FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT - FEDERAL PELL GRANT - FEDERAL TEACH GRANT - FEDERAL STUDENT SUPPORT SERVICES - FEDERAL TITLE III ADVISING GRANT - FEDERAL ROBERTA B. WILLIS SCHOLARSHIP PROGRAM - STATE HIGHER EDUCATION ENTERPRENEURESHIP GRANT - STATE CONNECTICUT GEAR UP III 0 EAST ASIA AND THE PACIFIC 15 PROGRAM SERVICES EDUCATION 400342 0 15 0 0 0 15 400342 0 400342 SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 58 1134129 BOOK SCHOLARSHIPS EAST ASIA AND THE PACIFIC 138 1337817 BOOK SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 57 1929217 BOOK SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 33 436933 BOOK SCHOLARSHIPS NORTH AMERICA 5 146838 BOOK SCHOLARSHIPS RUSSIA AND NEIGHBORING STATES 8 193874 BOOK SCHOLARSHIPS SOUTH AMERICA 51 1293921 BOOK SCHOLARSHIPS SOUTH ASIA 140 1149583 BOOK SCHOLARSHIPS SUB-SAHARAN AFRICA 51 753197 BOOK 0 0 0 0 0 1 PART I, LINE 3: THE EXPENDITURES WERE REPORTED USING THE ACCRUAL METHOD OF ACCOUNTING. GOLF TOURNAMENT 129820 89370 40450 630 5725 32819 6543 129820 89370 40450 630 5725 32819 6543 45717 -5267 1 SCHOLARSHIPS FOR STUDENTS ATTENDING SCHOOL BASED ON FINANCIAL NEED 1976 34678245 BOOK STUDENTS AWARDED SCHOLARSHIP BASED ON ATHLETIC ABILITY. 182 4037959 BOOK PWPA STUDY ACADEMY - BASED ON STUDENTS' ACADEMIC MERIT 35 288326 BOOK PART I, LINE 2: EACH GRANT IS ASSIGNED A SEPARATE DEPARTMENT ACCOUNT NUMBER. REPORTS ARE THEN PRINTED WHICH SHOW ALL FUNDS RECEIVED AND DISBURSED. THESE GRANT REPORTS ARE PRINTED ON A MONTHLY BASIS BY THE PERSON RESPONSIBLE FOR THE GRANT. THE ACCOUNTING DEPARTMENT ALSO PRINTS GRANT REPORTS ON A MONTHLY BASIS AS A CHECK THAT DISBURSEMENTS ARE NOT GREATER THAN FUNDS RECEIVED AND THAT FUNDS ARE BEING DISBURSED FOR GRANTS APPROVED. X 1 1 X X X X X X 0 1 0 0 0 0 0 1 0 TAREK M SOBH EVP RESEARCH & ECON DEVEP 366972 0 0 0 0 0 0 0 23597 0 390569 0 0 0 SUSAN D WILLIAMS PHD VP ADMIN/FIN (RESIGNED 08/2018) 188404 0 40392 0 111186 0 0 0 1599 0 341581 0 80000 0 CAROLYN R LINSEY IN HOUSE COUNSEL 189851 0 3570 0 41775 0 0 0 8840 0 244036 0 30300 0 STEPHEN HEALEY PROVOST 231590 0 16250 0 0 0 0 0 864 0 248704 0 0 0 LAURA SKANDERA TROMBLEY PRESIDENT 239327 0 0 0 29716 0 0 0 28369 0 297412 0 0 0 LLOYD GIBSON DEAN SCHOOL OF BUSINESS 225654 0 0 0 0 0 0 0 10825 0 236479 0 0 0 KHALED ELLEITHY ASSOC VP GRAD STUDIES & RE 226545 0 0 0 0 0 0 0 18441 0 244986 0 0 0 DAVID BRADY VP HLTH SCIENCES & DIR. NU 181419 0 0 0 0 0 0 0 23597 0 205016 0 0 0 ABDELSHAKOUR A ABUZNEID ASSOC PROFESSOR OF COMPUTER SCIENCE 212457 0 0 0 0 0 0 0 23597 0 236054 0 0 0 THERESA V HORVATH DIRECTOR, PA INSTITUTE 187389 0 0 0 0 0 0 0 15581 0 202970 0 0 0 NEIL A SALONEN FORMER PRESIDENT PRESIDENT 184185 0 0 0 611543 0 0 0 7355 0 803083 0 559336 0 PART I, LINE 1B THE PRESIDENT AND CFO ARE REQUIRED TO LIVE ON CAMPUS AND ARE PROVIDED WITH UNIVERSITY OWNED HOUSING WITHOUT HAVING TO PAY RENT AND IS CONSIDERED AS PART OF THEIR COMPENSATION. WITH REGARD TO THE PRESIDENT AND CURRENT CFO, HOUSING IS FOR THE CONVENIENCE OF THE UNIVERSITY. WITH REGARD TO THE PREVIOUS CFO, THE UNIVERSITY USED THE ADEQUATE RENT CALCULATION UNDER IRS PUBLICATION 525 SO THAT THE FORMER CFO COULD COMPUTE THE INCOME TAX ON THE RENT BENEFIT. PART I, LINE 4B PART I, LINE 4B: STEPHEN HEALEY AND CAROLYN LINSEY - PARTICIPATED IN A NONQUALIFIED RETIREMENT PLAN. PART I, LINE 7 THE BONUSES REPORTED ON PART II, COLUMN II WERE ONE-TIME PAYMENTS DETERMINED BY THE BOARD. A STATE OF CT HEALTH & EDUCATIONAL FACILITY AUTHORITY SERIES C 060806188 2010-12-09 30000000 REFINANCE 8/10/2007 BOND & INFRASTRUCTURE 0 1 0 B STATE OF CT HEALTH & EDUCATIONAL FACILITY AUTHORITY SERIES D 060806186 2012-11-02 12000000 ISSUE SERIES C CHEFA FOR INFRASTRUCTURE 0 1 0 C STATE OF CT HEALTH & EDUCATIONAL FACILITY AUTHORITY SERIES E 060806186 2014-09-30 25000000 ISSUE SERIES E CHEFA FOR INFRASTRUCTURE 0 1 0 A 30000000 462600 9830754 19706746 2012 1 0 1 1 B 12000000 240000 11760000 2013 0 0 1 1 C 25000000 350000 24650000 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 1 1 1 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: STATE OF CT HEALTH & EDUCATIONAL FACILITY AUTHORITY SERIES C DATE THE REBATE COMPUTATION WAS PERFORMED: 12/09/2015 ISSUER NAME: STATE OF CT HEALTH & EDUCATIONAL FACILITY AUTHORITY SERIES D DATE THE REBATE COMPUTATION WAS PERFORMED: 12/02/2017 SCHEDULE K, PART II, LINE 11 THE PROCEEDS WERE USED TO REFUND THE PRIOR ISSUE DATED AUGUST 10, 2007 MARK A FRIES CO-VICE/ SR VP 378775 SEE BELOW 0 PAUL ANTINOZZI BOARD TRUSTEE/ PRES 66670 SEE BELOW 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: MARK A. FRIES(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:CO-VICE/ SR VP AT PEOPLE'S UNITED INSURANCE AGENCY(D) DESCRIPTION OF TRANSACTION: THE UNIVERSITY OF BRIDGEPORT PURCHASED INSURANCE FROM BEARDSLEY BROWN & BASSETT, INC. (PEOPLE'S UNITED INSURANCE AGENCY)(A) NAME OF PERSON: PAUL ANTINOZZI(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:BOARD TRUSTEE/ PRESIDENT ANTINOZZI ASSOCIATES(D) DESCRIPTION OF TRANSACTION: THE UNVERSITY ENGAGED ANTINOZZI ASSOCIATES TO PROVIDE ARCHITECTURAL SERVICES X LAB EQUIPMENT 3 12393 FMV X FURNITURE 3 9766 FMV X SUPPLIES 1 4100 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 THOMAS O'HARA AND SUE J. O'HARA ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETED COPY OF FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF ITS GOVERNING BODY BEFORE FILING. CFO, UPON COMPLETION, REVIEWS RETURN WITH THE PRESIDENT AND UNIVERSITY'S COUNSEL. CONTROLLER REVIEWS FOR FINANCIAL ISSUES. BOARD OF TRUSTEES REVIEWS PRIOR TO ISSUANCE. FORM 990, PART VI, SECTION B, LINE 12C GENERAL COUNSEL DISTRIBUTES POLICY AND DISCLOSURE FORMS TO ALL TRUSTEES. THE TRUSTEES COMPLETE THE DISCLOSURE WHICH IS REVIEWED BY TRUSTEES OR A COMMITTEE THEREOF, AND WHO DECIDE WHETHER A CONFLICT EXISTS AND IF SO WHAT ACTION SHOULD BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 CFO COLLECTS COMPARABLE COMPENSATION DATA RELATING TO NON-PROFIT UNIVERSITIES IN SIMILAR NON-PROFIT UNIVERSITIES. THE BOARD OF TRUSTEES COMPENSATION COMMITTEE USES THE DATA TO DETERMINE THE COMPENSATION FOR THE CEO AND PRINCIPAL UNIVERSITY OFFICERS. MINUTES OF THE COMMITTEE ACTIVITIES ARE MAINTAINED. THE CEO AND PRINCIPAL UNIVERSITY OFFICERS DETERMINE THE COMPENSATION FOR THE OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES AVAILABLE ITS FORMS 990 AND 990-T UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS FOR PUBLIC INSPECTION UPON REQUEST, AT ITS ADMINISTRATIVE OFFICES IN BRIDGEPORT, CONNECTICUT. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS -1,813,336. FORM 990, PART XI, LINE 2C: USED SAME PROCESS AS PRIOR YEAR.