2020-10-12T15:37:11-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 402 SOUTH KENTUCKY AVENUE SUITE 600 LAKELAND FL 338015354 990 2019-07-01 596605703 HODGES UNIVERSITY INC HODG 8004668017 2647 PROFESSIONAL CIRCLE NAPLES FL 34119 ERICA M VOGT SECRETARY/TREASURER 8004668017 2020-10-09 1 LAUREN BALLARD CPA P01451787 8636805600 2020-09-25 67.137.57.251 2020-10-09 13:04:51 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 85196221612F4733F835EAC61B824B6D225A6DEA 2019 2021-01-29 14:40:06Z JOHN MEYER 2647 PROFESSIONAL CIRCLE NAPLES FL 34119 22548300 0 X WWW.HODGES.EDU X 1990 FL PREPARES STUDENTS TO LEVERAGE HIGHER LEARNING IN THEIR PERSONAL, PROFESSIONAL AND CIVIC ENDEAVORS 12 12 315 18 0 0 434741 2703380 19351425 16758675 359113 366590 576119 660037 20721398 20488682 1453700 1245837 0 0 10711803 10150028 0 0 0 9908009 9145217 22073512 20541082 -1352114 -52400 77964331 77492245 29904751 29684692 48059580 47807553 X PREPARES STUDENTS TO LEVERAGE HIGHER LEARNING IN THEIR PERSONAL, PROFESSIONAL, AND CIVIC ENDEAVORS. 0 0 17098931 1245837 16756279 HODGES UNIVERSITY WILL BE RECOGNIZED FOR EXCELLENCE IN CAREER-FOCUSED INCLUSIVE EDUCATION AND COMMUNITY ENGAGEMENT. HODGES UNIVERSITY, A PRIVATE, NONPROFIT INSTITUTION OF HIGHER LEARNING, IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES TO AWARD ASSOCIATE, BACHELOR'S, AND MASTER'S DEGREES.THE UNIVERSITY OFFERS FLEXIBLE SCHEDULES OF DAY, EVENING AND ONLINE CLASSES AND HANDS-ON SUPPORT FROM A HIGHLY QUALIFIED FACULTY. ALL OF THESE FACTORS CULMINATE TO PRODUCE A LEARNING ENVIRONMENT UNLIKE ANY OTHER INSTITUTION IN THE REGION.CONTINUED ON SCHEDULE ODEGREES:6 MASTER'S DEGREES 15 BACHELOR'S DEGREES 1 ASSOCIATES IN ARTS DEGREE9 ASSOCIATE IN SCIENCE DEGREES3 GRADUATE CERTIFICATE PROGRAMS11 UNDERGRADUATE CERTIFICATE PROGRAMSCONTINUING EDUCATION:ENGLISH AS A SECOND LANGUAGE CERTIFICATE PROGRAMHODGES UNIVERSITY SCHOOLS:FISHER SCHOOL OF TECHNOLOGYJOHNSON SCHOOL OF BUSINESSNICHOLS SCHOOL OF PROFESSIONAL STUDIESSCHOOL OF HEALTH SCIENCESSCHOOL OF GENERAL STUDIES 17098931 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 47 0 315 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ERICA M VOGT 2395986221 2647 PROFESSIONAL CIRCLE NAPLES FL 34119 CLYDE QUINBY CHAIR 5.00 X X 0 0 0 JERRY NICHOLS VICE CHAIR 5.00 X X 0 0 0 MICHAEL PRIOLETTI TRUSTEE 5.00 X 0 0 0 KEITH ARNOLD TRUSTEE 5.00 X 0 0 0 GERALD MCHALE TRUSTEE 5.00 X 0 0 0 SANDRA STILWELL TRUSTEE 5.00 X 0 0 0 TODD GATES TRUSTEE 5.00 X 0 0 0 LESLIE KING TRUSTEE 5.00 X 0 0 0 TIFFANY ESPOSITO TRUSTEE 5.00 X 0 0 0 GILLIAN CUMMINGS-BECK TRUSTEE 5.00 X 0 0 0 RICHARD PITBLADDO TRUSTEE 5.00 X 0 0 0 WILLIAM BARTON TRUSTEE 5.00 X 0 0 0 JOHN MEYER PRESIDENT 40.00 X 203388 0 6157 ERICA VOGT SECRETARY AND TREASURER 40.00 X 165003 0 6157 MIGUEL RIVERA ASSISTANT PROFESSOR 40.00 X 160181 0 6157 TRACEY LANHAM ASSOCIATE DEAN 40.00 X 151956 0 6157 DOLORES BATIATO DEAN 40.00 X 141303 0 6157 GAIL SABO ADJUNCT 40.00 X 112202 0 6157 CHARLENE WENDEL PROFESSOR 40.00 X 110635 0 6157 1044668 0 43099 11 0 1 0 BELLA BUSINESS SOLUTIONS LLC 5441 26TH AVE SW NAPLES FL 34116 WEBSITE, MARKETING 410896 ELLUCIAN 4 COUNTRY VIEW ROAD MALVERN PA 19355 SOFTWARE SERVICES 402035 VICTOR J LATAVISH ARCHITECT 1400 GULF SHORE BLVD NORTH SUITE NAPLES FL 34102 ARCHITECT FEES 162021 G4S SECURE SOLUTIONS 1395 UNIVERSITY BLVD JUPITER FL 33458 SECURITY SERVICES 153154 SUN BROADCASTING 2824 PALM BEACH BLVD FORT MYERS FL 33916 ADVERTISING 119883 9 2412580 290800 23497 2703380 TUITION AND FEES 611600 16758675 16758675 16758675 355867 355867 645154 0 645154 645154 645154 2063108 2052242 143 10866 -143 10723 10723 4837 7233 -2396 -2396 REBATES INCOME 900099 13949 13949 VENDING MACHINE 900099 2542 2542 COPY SERVICES 900099 788 788 17279 20488682 16756279 0 1029023 4970 4970 1240867 1240867 404441 404441 8586151 8396067 190084 494648 465584 29064 664788 623218 41570 66112 66112 72032 72032 367249 265154 102095 1015072 1015072 65686 36627 29059 1312899 378656 934243 1271699 143220 1128479 78039 55883 22156 53520 45611 7909 1594054 1594054 1801529 1801529 307799 307799 MATERIALS AND SUPPLIES 641529 590509 51020 LIBRARY RESOURCES 293672 293672 DUES AND SUBSCRIPTIONS 112934 77773 35161 STUDENT ACTIVITIES 16473 16473 74919 53992 20927 20541082 17098931 3442151 0 2513048 2716374 483862 479581 9105921 9241783 4270617 1919869 17573 52026 687159 636729 69918059 25703011 43216993 44215048 17657358 18219035 11800 11800 77964331 77492245 1218837 1306957 2899337 2242760 25689201 25254644 97376 714861 165470 29904751 29684692 X 34859940 34537098 13199640 13270455 48059580 47807553 77964331 77492245 X -52400 191916 -391543 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2898507 57456 2955963 2826636 71871 2898507 2820938 5698 2826636 2818695 2243 2820938 2745821 72874 2818695 1.00000 0 0 10332284 10332284 43280949 11340990 31939959 15572396 14339775 1232621 732430 22246 710184 44215048 X 19920214 191916 8200 7233 207349 19712865 775817 775817 20488682 20172241 8200 398776 406976 19765265 775817 775817 20541082 PART V, LINE 4: THE UNIVERSITY HAS DONOR RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS FOR STUDENTS AND SUPPORTING THE OPERATIONS OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS, AND AS A RESULT, THE UNIVERSITY EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2020 AND 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD OF BOOKSTORE REPORTED ON PART VIII 7,233. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL AID REPORTED ON PART IX 775,817. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE ACCOUNTS REPORTED ON PART XI 391,543. COST OF GOODS SOLD OF BOOKSTORE OPERATION ON PART VIII 7,233. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL AID REPORTED ON PART IX 775,817. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 HODGES UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, GENDER, GENDER IDENTITY, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, OR DISABILITY IN THE PROVISION OF EDUCATIONAL OPPORTUNITIES OR EMPLOYMENT OPPORTUNITIES AND BENEFITS. ALL MEMBERS OF THE UNIVERSITY COMMUNITY ARE VALUED EQUALLY. HODGES UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF SEX OR DISABILITY IN THE EDUCATION PROGRAMS AND ACTIVITIES THAT IT OPERATES, PURSUANT TO THE REQUIREMENTS OF ALL APPLICABLE FEDERAL AND STATE LEGISLATION AND REGULATIONS INCLUDING, BUT NOT LIMITED TO, TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, SECTION 504 OF THE REHABILITATION ACT OF 1973, AND THE AMERICANS WITH DISABILITIES ACT OF 1990. THIS POLICY EXTENDS TO BOTH EMPLOYMENT BY AND ADMISSION TO HODGES UNIVERSITY. SCHEDULE E, PART I, LINE 6 HODGES UNIVERSITY, INC. PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED THROUGH THESE PROGRAMS ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. SOME PROGRAMS PROVIDE A SMALL ADMINISTRATIVE ALLOWANCE FOR THE INSTITUTION. 1 INSTITUTIONAL AID, INCLUDING SCHOLARSHIPS, ASSISTANTSHIPS, AND TUITION WAIVERS 550 775817 N/A N/A CARES ACT STUDENT FUNDS 645 465050 N/A N/A PART I, LINE 2: HODGES UNIVERSITY PARTICIPATES IN VARIOUS LOCAL SPONSORSHIPS TO ORGANIZATIONS ANNUALLY BASED ON OUR ABILITY AND CURRENT ECONOMIC SITUATION. BECAUSE THE SPONSORSHIPS ARE FOR GENERAL OPERATING SUPPORT, NO MONITORING IS REQUIRED. HODGES UNIVERSITY PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. X X X X 0 0 0 0 0 0 0 0 0 JOHN MEYER PRESIDENT 203388 0 0 0 0 0 0 0 6157 0 209545 0 0 0 ERICA VOGT SECRETARY AND TREASURER 165003 0 0 0 0 0 0 0 6157 0 171160 0 0 0 MIGUEL RIVERA ASSISTANT PROFESSOR 160181 0 0 0 0 0 0 0 6157 0 166338 0 0 0 TRACEY LANHAM ASSOCIATE DEAN 151956 0 0 0 0 0 0 0 6157 0 158113 0 0 0 A COLLIER CO ED FAC AUTHORITY 650915682 19463TBC9 2013-11-14 28404134 REFUND BONDS AND FINANCE NEW BUILDING PURCHASE 0 0 0 A 2575000 28404134 2066550 521234 13301673 2013 0 1 1 1 A 0 0 0 0 0.05000 0.05000 0 0 0 A 0 0 0 0 0 0 0 0 0 A 1 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR (WHO ALSO CHAIRS THE EXECUTIVE COMMITTEE), THE BOARD VICE CHAIR (WHO IS ALSO THE VICE CHAIR OF THE EXECUTIVE COMMITTEE), AND THE CHAIR OF EACH OF THE FOUR STANDING COMMITTEES. EACH MEMBER SERVES A ONE-YEAR TERM. THIS TERM IS RENEWABLE FOR TWO (2) ADDITIONAL ONE-YEAR TERMS PROVIDED THE TRUSTEE'S TERM AS A BOARD TRUSTEE HAS NOT EXPIRES. THE PRESIDENT OF THE CORPORATION IS ALSO AN EX-OFFICIO MEMBER OF THE EXECUTIVE COMMITTEE. THE CORPORATE SECRETARY SERVES AS COMMITTEE SECRETARY. THE EXECUTIVE COMMITTEE, BETWEEN THE MEETINGS OF THE BOARD OF TRUSTEES, SHALL HAVE ALL THE POWERS VESTED IN THE BOARD OF TRUSTEES BY LAW OR BY THE CORPORATE BYLAWS. ANY ACTION TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE SUBJECT TO REVISION OR ALTERATION BY THE BOARD OF TRUSTEES AT THE MEETING OF THE BOARD OF TRUSTEES AT WHICH ANY SUCH ACTION SHALL BE REPORTED; PROVIDED, HOWEVER, THAT SUCH REVISION OR ALTERATION SHALL NOT AFFECT ANY ACTION TAKEN BY AN OFFICER OR EMPLOYEE OF THE CORPORATION OR BY ANY THIRD PARTY, OR ANY RIGHTS OF THIRD PARTIES WHICH SHALL HAVE VESTED IN RELIANCE UPON ANY ACTION OR DIRECTION OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WILL UNDERTAKE A COMPREHENSIVE REVIEW OF THE FORM 990 AND ITS SCHEDULES IMMEDIATELY UPON ITS COMPLETION, AND WILL ADDRESS ALL OF ITS QUESTIONS AND CONCERNS WITH THE PREPARER. UNIVERSITY POLICY PROVIDES FOR THE PROVISION OF A COPY OF THE COMPLETED RETURN TO ALL MEMBERS OF THE GOVERNING BOARD IN ADVANCE OF FILING. A VOTE OF THE FULL BOARD TO APPROVE OF THE TAX RETURN IS REQUIRED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND CORPORATE OFFICERS ARE REQUIRED TO SUBMIT ANNUAL DISCLOSURE STATEMENTS. THE STATEMENTS ARE REVIEWED BY THE SENIOR MANAGEMENT AND INDEPENDENT AUDITOR TO DETERMINE IF ANY RELATIONSHIPS NEED TO BE DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS OR THE FORM 990. IN THE CASE OF ANY REAL OR PERCEIVED CONFLICT OF INTEREST, INTERESTED PERSONS ARE EXPECTED TO DISCLOSE THE CONFLICT IN ADVANCE. ONCE SUCH A DISCLOSURE HAS BEEN MADE, THE INTERESTED PERSON MUST LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING TRUSTEES OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON MAY MAKE A PRESENTATION AT THE MEETING THAT HAS A CONFLICT OF INTEREST MATTER UNDER CONSIDERATION, BUT AFTER SUCH PRESENTATION, THE INTERESTED PERSON SHALL LEAVE THE MEETING. THE BOARD CHAIR OR CHAIR OF THE COMMITTEE, IF APPROPRIATE, SHALL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST THAT WOULD ALLEVIATE THE CONFLICT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OF TRUSTEES OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION MAY PURSUE THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST IN A MANNER THAT ALLOWS THE CONTINUED PARTICIPATION OF THE INTERESTED PERSON IN THE SUBJECT MATTER AT ISSUE. IF THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST CANNOT REASONABLY BE PURSUED UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OF TRUSTEES OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES OR COMMITTEE MEMBERS WHETHER THE BEST INTERESTS OF THE CORPORATION ARE SERVED BY CONTINUING WITH THE MATTER AT ISSUE DESPITE THE CONFLICT OF INTEREST AND SHALL DIRECT THE COURSE OF ACTION OF THE CORPORATION ACCORDINGLY, EXERCISING REASONABLE PRUDENCE IN MANAGING THE COURSE OF ACTION WITH RESPECT TO THE MATTER AT ISSUE SO AS TO PROTECT, TO THE MAXIMUM EXTENT FEASIBLE, THE INTERESTS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES THE COMPENSATION FOR THE PRESIDENT (CEO) AND THE EXECUTIVE VICE PRESIDENT OF ADMINISTRATIVE OPERATIONS, SECRETARY, AND TREASURER (ERICA VOGT). THE COMMITTEE CONSIDERS COMPARABILITY DATA AMONG MANY OTHER FACTORS TO DETERMINE THE APPROPRIATE COMPENSATION. THE COMMITTEE'S RECOMMENDATION MUST BE APPROVED BY THE FULL BOARD. THE LAST REVIEW WAS DONE IN 2020. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE ACCOUNTS -391,543.