2019-04-10T08:53:49-05:00 2018-05-31 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2017-06-01 111630830 St John's University NEW YORK % Sharon Hewitt Watkins STJO 7189903369 8000 Utopia Parkway Jamaica NY 11439 SHARON HEWITT WATKINS VP BUS AFRS CFO/TREA 7189901507 2019-04-09 true DAVID M HIGHFILL P01517891 2127589700 2019-04-02 167.68.102.5 56038220191005000000 2019-04-10 P C8CB3EFEA1BF4B35460B00C83F6DA374EAE250A1 5D7B52A41C2226A5E4849843C7D809138903E6FF 2017 2019-02-21 02:37:17Z Conrado M Gempesaw PhD 8000 Utopia Parkway Jamaica NY 11439 872153659 false X www.stjohns.edu X 1871 NY ST. JOHN'S UNIVERSITY IS A CATHOLIC, VINCENTIAN, METROPOLITAN, AND GLOBAL INSTITUTION OF HIGHER EDUCATION (CONTINUED ON SCHEDULE O). 28 27 6464 214 -144359 -38146 36047419 55710446 677361598 689214514 42665032 36266091 0 0 756074049 781191051 248740290 265843882 0 0 271584790 280008453 0 0 8497171 182200700 185563950 702525780 731416285 53548269 49774766 1455303224 1507064856 624713469 599478824 830589755 907586032 X St. John's University is a Catholic, Vincentian, Metropolitan, and Global Institution of Higher Education (Continued on Schedule O). false false 681598505 265843882 689195760 Higher Education: St. John's University is a Catholic, Vincentian, Metropolitan, and Global Non-Profit Institution of higher learning. Approximately 16,766 Undergraduate and 4,580 Graduate students are enrolled in courses. (21,346 Students) 681598505 true true false true false false false false false true true true false false true true false true true true true false true false true false false false true true true false false false false false false false false false false true false false false false true true false false false true X 29271 0 true 6464 true true true true FR IT SP false false false true true false false false false X 28 27 false false false false false false false true true false false true true true true true true true true false IN KY MD MA MI NH NJ ND OR PA SC VA X Sharon Hewitt Watkins 7189903369 8000 Utopia Parkway Jamaica NY 11439 X Rev Elmer Bauer III CM Board Member 1.0 0.0 X 0 0 0 Paul M Carroll Board Member 1.0 0.0 X 0 0 0 William L Collins Chair of Board 5.0 0.0 X 0 0 0 Rev Gregory P Cozzubbo CM Board Member 1.0 0.0 X 0 0 0 Rev Kevin G Creagh CM Ed D Board Member 1.0 0.0 X 0 0 0 Margaret LaRosa D' Angelo Board Member 1.0 0.0 X 0 0 0 Pascal Desroches Board Member - Began 05/10/18 1.0 0.0 X 0 0 0 Paul J Evanson Board Member - THRU 05/09/18 1.0 0.0 X 0 0 0 Margaret M Fitzpatrick SC Ed D Board Member 1.0 0.0 X 0 0 0 Anita Gomez - Palacio Board Member 1.0 0.0 X 0 0 0 Very Rev Stephen M Grozio CM Vice Chair OF BOARD 3.0 0.0 X 0 0 0 Suzanne M Halpin Board Member 1.0 0.0 X 0 0 0 William J Janetschek Board Member 1.0 0.0 X 0 0 0 Robert F Kalenka Board Member 1.0 0.0 X 0 0 0 Margaret M Keane Secretary of Board 1.0 0.0 X 0 0 0 Sr Carol Keehan DC Board Member 1.0 0.0 X 0 0 0 Rev Gerard H Luttenberger CM STD Board Member 1.0 0.0 X 0 0 0 Rev Robert P Maloney CM STD Board Member 1.0 0.0 X 0 0 0 Joseph M Mattone SR Esq Board Member 1.0 0.0 X 0 0 0 Rev Thomas F McKenna CM STD Board Member 1.0 0.0 X 0 0 0 Joseph C O' Connor Board Member 1.0 0.0 X 0 0 0 Lewis Rice Jr Board Member 1.0 0.0 X 0 0 0 Mahendra G Shah GP PhD Board Member - THRU 05/09/18 1.0 0.0 X 0 0 0 James J Shannon Board Member 1.0 0.0 X 0 0 0 Brian T Shea Board Member 1.0 0.0 X 0 0 0 Patricia CASTEL Skarulis Board Member 1.0 0.0 X 0 0 0 Joseph A Tarantino Board Member-BEGAN 05/10/18 1.0 0.0 X 0 0 0 Tarik S Tuner Board Member 1.0 0.0 X 0 0 0 Rev Edward R Udovic CM PhD Board Member 1.0 0.0 X 0 0 0 Conrado M Gempesaw PhD President 40.0 0.0 X X 628796 0 76636 Rev Bernard M Tracey CM Executive VP for Mission 40.0 0.0 X 0 0 0 Robert A Mangione Provost & VP for ACAD Affairs 40.0 0.0 X 424530 0 124555 Sharon Hewitt Watkins VP for Bus Affairs, CFO, Treas 40.0 0.0 X 366912 0 53549 Joseph E Oliva Esq VP for Admin Sec & Gen Counsel 40.0 0.0 X 422400 0 129609 Mark J Browne Professor 40.0 0.0 X 420382 0 52113 Anton E Goff Director of Athletics 40.0 0.0 X 503738 0 44760 Christopher P Mullin Head Coach Men's Basketball 40.0 0.0 X 1993246 0 102144 Michael A Simons Dean Law School 40.0 0.0 X 419881 0 69047 Joseph L Tartamella Head Coach Women's Basketball 40.0 0.0 X 436072 0 76266 5615957 0 728679 653 false true false Collins Building Services Inc 24-01 44th Rd Court Square Place Long Island City NY 11101 Bldg Maintenance 17849398 Chartwells 91337 Collections Drive Chicago IL 60693 Food Service 14147036 Shawmut Woodworking Supply Inc 3 East 54th Street New York NY 10022 Construction 9018999 IVCi LLC 601 Old Willets Path Hauppauge NY 11788 Classroom Upgrade 3095312 Med-Tek Contracting Inc 601 N Macquesten Parkway Mount Vernon NY 10552 Construction 1797781 111 3876315 10082814 41751317 1938451 55710446 Tuition and Fees 900099 611900410 611900410 Auxiliary Enterprises 900099 66787013 66768259 18754 Other Revenue 900099 10527091 10527091 689214514 9577059 -163113 9740172 81852 81852 0 0 0 0 115502948 88895768 26607180 26607180 26607180 2066840 3876315 2066840 0 0 0 0 0 0 0 781191051 689195760 -144359 36429204 0 260132922 260132922 5710960 5710960 0 2358533 433306 1694434 230793 0 201324626 184383511 12983559 3957556 13268401 12058557 904039 305805 49776589 44784784 3968811 1022994 13280304 11675826 1321196 283282 0 1453277 565416 840100 47761 275354 93391 172175 9788 7238 7238 0 2936322 995901 1836039 104382 0 2593761 1908325 637559 47877 13102129 9363377 3315872 422880 4315554 2562905 1658387 94262 0 18372496 17795621 546372 30503 9191252 8865077 213029 113146 0 100498 96937 3369 192 16305431 14314761 1883585 107085 0 39753817 37979756 1678628 95433 3264417 1218782 1935593 110042 Repairs and Maintenance 25830903 24788957 986841 55105 Meal Plan & Food Svc Costs 10415272 10415272 Professional Services 6244435 4346943 1200080 697412 LIB PERIOD/ BKS/ ONLINE RES 4210758 4210758 27191036 22896460 3533703 760873 731416285 681598505 41320609 8497171 6192045 5252739 7852883 24070494 15563418 30115347 15946157 21711384 0 0 0 0 0 0 0 0 1718643 2264163 1052614702 433024322 624632258 619590380 382303682 367127471 358753461 395367477 15638114 14303953 0 0 26702563 27261448 1455303224 1507064856 76643457 76134626 0 0 21688767 19820871 498060242 477695395 0 0 0 0 0 0 5995000 5995000 22326003 19832932 624713469 599478824 X 648288765 686899498 67166068 77837144 115134922 142849390 830589755 907586032 1455303224 1507064856 X 49774766 28189243 -967732 X X false true X true true true X 30403371 30371569 27707728 36047419 55710446 180240533 0 0 30403371 30371569 27707728 36047419 55710446 180240533 11162689 169077844 4845745 8069176 7718202 8355159 9577059 38565341 0 78193 248985 140308 25379 81852 574717 219380591 3290435264 0.77071 0.80730 X Schedule A, Part II, Line 10 - Other Income Represents Income Earned on Funds Held by Bond Trustees. true true false true false false true 11349 false true 7238 18587 false Schedule C, Part II-B, Line 1 The University's Office of Government Relations and the President are the primary liaisons to Local, State and Federal government through their regular communication regarding the University's mission, goals and programs. The office of Government Relations also apprises the University's officials about pertinent government activities to ensure the University is sufficiently informed. The primary focus of the University's effort is directed toward helping government representatives learn more about St. John's University. The University's participation in the legislative process is primarily through its memberships in the Commission on Independent Colleges and Universities (CICU) and the National Association of Independent Colleges and Universities (NAICU).The University does not have any other lobbying activities other than those listed on lines 1d, 1g and 1i. 716485533 12266086 64182689 6217187 26758633 3859649 756098839 643376223 18305353 90816318 6085412 26381175 3545774 716485533 692346220 26809410 -15468268 6222554 51546411 2542174 643376223 651520182 29359509 42366896 4525946 25132698 1241723 692346220 392223260 219159604 64819535 3790254 19936930 955033 651520182 0.78070 0.16180 0.05750 false false 27708117 27708117 551232484 189887315 361345169 25936711 9449112 16487599 114195382 50463243 63732139 333542008 183224652 150317356 619590380 ALT. INV & COMMINGLED FUNDS 392394686 F DOMESTIC INVESTMENTS 924117 F INTERNATIONAL INVESTMENTS 423206 F FIXED INCOME INVESTMENTS 1602528 F REAL ESTATE INVESTMENT TRUSTS 22940 F 395367477 0 REFUNDABLE U.S. GOVERNMENT ADVANCES 13216706 PRESENT VALUE OF ANNUITIES PAYABLES 4240889 INTEREST RATE SWAP LIABILITY 2375337 19832932 X 807543081 28189244 1099108 29288352 778254729 2936322 2936322 781191051 730546803 2066840 2066840 728479963 2936322 2936322 731416285 Schedule D, Part V, Line 4 The University's endowment funds are invested for the long-term to generate investment income which is used to support operations, scholarships, professorships, chairs and other initiatives of the University related to its educational mission. SCHEDULE D, Part X, Line 2 The University recognizes the effects of income tax positions only if those positions are more likely than not of being sustained. The University evaluates, on an annual basis, the effects of any uncertain tax positions on its consolidated financial statements. As of May 31, 2018 and 2017, the University has not identified or provided for any such positions. SCHEDULE D, PART XI, LINE 2D OTHER REVENUES CONSIST OF FUNDRAISING EVENTS OF $2,066,840, CHANGE IN FAIR VALUE OF INTEREST RATE SWAP OF $1,307,176, EFFECT OF ADVANCE REFUNDING OF LONG-TERM DEBT OF ($1,693,208), AND OTHER NONOPERATING ACTIVITIES OF ($581,700). SCHEDULE D, PART XII, LINE 2D Expenses of $2,066,840 related to fundraising events. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 Consistent with its mission as a Catholic, Vincentian, Metropolitan, and Global institution of higher education, the University abides by all applicable federal, state, and local laws, and prohibits discrimination on the basis of race, color, national origin, religion, disability, age, gender, gender identity, sex (including sexual harassment and sexual violence), sexual orientation, marital status, alienage, citizenship status, status as a victim of domestic violence, genetic predisposition or carrier status, status in the uniformed services of the United States (including veteran status), or any other characteristic protected by law. The Universitys policy of nondiscrimination extends to employment opportunities, admission of students to its programs, and to the administration of its educational policies, scholarships, and loan programs, athletics, and other institutionally administered programs or activities generally made available to the students at the University. In accordance with these laws, the University also prohibits retaliation. Schedule E, Part I, Line 6 St. John's University consistently strives to place an outstanding higher education within the financial reach of all qualified applicants. The University awards millions of dollars in federal and state financial aid funds each year based upon a student's financial need. Additionally, the University provides financial aid funding via University grants-in-aid, scholarships, and tuition remission. Financial Aid is awarded on the basis of demonstrated financial need assessed by the use of a standard financial aid application, currently, the Free Application for Federal Student Aid (FAFSA), which analyzes the family income data provided on the FAFSA through the mandated Federal Methodology. true Europe (Including Iceland and Greenland) 3 94 Program Services Instruction 8170885 South America 3 Program Services Instruction 64421 East Asia and the Pacific 4 Program Services Instruction 38022 Sub-Saharan Africa 2 Program Services Instruction 15978 Central America and the Caribbean Investments 135191345 Europe (Including Iceland and Greenland) Investments 8806038 East Asia and the Pacific 5 Program Services Recruiting Expense 513077 South Asia 2 Program Services Recruiting Expense 13118 Europe (Including Iceland and Greenland) 1 Program Services Recruiting Expense 18644 North America 1 Program Services Recruiting Expense 5163 South America 1 Program Services Recruiting Expense 17080 Europe (Including Iceland and Greenland) 2 Program Services Conferences 7877 South America 1 Program Services Conferences 8852 Sub-Saharan Africa 1 Program Services Conferences 13785 East Asia and the Pacific 1 Program Services Conferences 4523 Europe (Including Iceland and Greenland) Grantmaking Grants to Recipients 5710960 3 118 3 118 158599768 158599768 Scholarships Europe (Including Iceland and Greenland) 512 5710960 Scholarships FMV true false true true true true Schedule F, Part I, Line 2 The procedures for monitoring the use of grant funds outside the United States are consistent with the monitoring performed in the United States. See Schedule I Part IV for further detail. President's Din 1815085 1419437 395648 254813 60169 80666 Insurance Lead 2449977 1553572 896405 750 631953 2000 261702 23 1678093 903306 774787 4400 24336 55769 338916 208222 143144 5943155 3876315 2066840 4400 25086 55769 1225682 270391 485512 2066840 true Scholarships 13014 258359302 FMV Scholarships Scholarships 350 1773620 FMV Scholarships Schedule I, Part I, Line 2 The University consistently strives to place an outstanding higher education within the financial reach of all qualified applicants. The University awards millions of dollars in federal and state financial aid funds each year based upon a student's financial need. Additionally, the University provides financial aid via University grants-in-aid, scholarships and tuition remission. Grants-in-Aid are awarded on the basis of demonstrated financial need assessed by the use of a standard financial aid application, currently the Free Application for Federal Student Aid (FAFSA), which analyzes the family income data provided on the FAFSA through the mandated Federal Methodology. All need-based financial aid must be awarded according to a student's calculated financial need. Scholarship awards are primarily provided on scholastic achievement. University scholarships are highly competitive and available to students through a combination of academic achievement and personal commitment, display of values, compassion, and pursuit of excellence which embody the spirit and mission of the University. The University has many scholarships funded through special endowments and donations. In most instances, academic merit and financial need are considered along with the particular requirements of the scholarship selection process. Also, various associations, corporations, foundations and unions provide scholarships for recipients whom they select. X X X X true true X X X X X false false false false false false false false false Conrado M Gempesaw PhD President 623400 0 0 0 5396 0 31250 0 45386 0 705432 0 0 0 Robert A Mangione Provost & VP for ACAD Affairs 416142 0 0 0 8388 0 40000 0 84555 0 549085 0 0 0 Sharon Hewitt Watkins VP for Bus Affairs, CFO, Treas 348588 0 0 0 18324 0 16750 0 36799 0 420461 0 0 0 Joseph E Oliva Esq VP for Admin Sec & Gen Counsel 400530 0 0 0 21870 0 36700 0 92909 0 552009 0 0 0 Mark J Browne Professor 418608 0 1000 0 774 0 13250 0 38863 0 472495 0 0 0 Anton E Goff Director of Athletics 316170 0 4875 0 182693 0 13250 0 31510 0 548498 0 0 0 Christopher P Mullin Head Coach Men's Basketball 1990138 0 0 0 3108 0 25000 0 77144 0 2095390 0 0 0 Michael A Simons Dean Law School 419317 0 0 0 564 0 35500 0 33547 0 488928 0 0 0 Joseph L Tartamella Head Coach Women's Basketball 418888 0 11500 0 5684 0 41000 0 35266 0 512338 0 0 0 Schedule J, Part I, Line 1a Charter Travel: As needed, the University's Athletic teams travel via chartered aircraft. Charter travel is needed to transport the teams in the most time effective and cost efficient manner. Coaches listed in Form 990, Part VII, travel with the team on these occasions. None of the benefit is taxable compensation. Travel for Companions: If approved by the Chair of the Board of the Trustees, the University covers the cost of travel for the President's spouse when she accompanies him on University Travel in connection with University business. President's Housing: The president is provided housing near campus for the convenience of the University as a condition of employment so that he can fully engage in campus life, entertain students, donors and faculty; for proximity to the campus for many evening events; and to be nearby in the event of emergencies. Additionally, the president uses the employer-provided house for significant business use, such as entertaining donors, University meetings and other business activities. None of the benefit is taxable compensation. Tax Indemnification and Gross-Up Payments: Included in other reportable compensation for Anton E. Goff, Director of Athletics, is a buyout payment of $110,000 for his previous employer and the related tax gross up pursuant to his employment agreement. The amount is reported on Schedule J, Part II, Col B(iii). A DASNY St John's University Series 2007C 146000293 649903FF3 2007-02-22 138318912 REFUND 1996, 1998 & 2001A BONDS false false false B DASNY St John's University Series 2008B1& 2008B2 146000293 6499033S8 2008-09-24 135540000 REF SERIES 2005B, 2005C & 2007B true false false C DASNY St John's University Series 2012A 146000293 649906S54 2012-08-09 55493238 REF SERIES 1998, 2001A AND 2005A true false false D DASNY St John's University Series 2012B 146000293 649906U28 2012-08-09 50021736 REFUND 2008A BONDS true false false A 18495000 0 138318912 0 0 0 1652825 1238011 0 0 135428076 0 2001 true true true true B 18200000 2915000 135540000 0 0 0 2056088 0 0 0 133483912 0 2009 true false true true C 17715000 28595000 55493238 0 0 0 669695 0 0 0 54823543 0 2008 true true true true D 14625000 14050000 50021736 0 0 0 771170 0 0 0 49250566 0 2009 true false true true A 0 B false false true true false 0.00700 0.00700 false true 0.00168 true C false false true true false 0.00100 0.00100 false true 0.00193 true D false false true true false 0 false false 0.00168 false true A false false true false false false 0 false 0 false true B false false true false true false 0 false 0 false true C false false true false false false 0 false 0 false true D false false true false false false 0 false 0 false true A true B true C true D true Schedule K, Part II, Line 11 DASNY St. John's University Series 2007C - The other spent proceeds are the refunding proceeds that are no longer in escrow. DASNY St. John's University Series 2008B1 and 2008B2 - The other spent proceeds are the refunding proceeds that are no longer in escrow. DASNY St. John's University Series 2012A - The other spent proceeds are the refunding proceeds that are no longer in escrow. DASNY St. John's University Series 2012B - The other spent proceeds are the refunding proceeds that are no longer in escrow. DASNY St. John's University Series 2015A - The other spent proceeds are the refunding proceeds that are no longer in escrow. DASNY St. John's University Series 2017A - The other spent proceeds are the refunding proceeds that are no longer in escrow. Schedule K, Part III, Line 4 DASNY St. John's University Series 2012B - All activities and contracts currently operated within bond-financed space financed through this refunding series are either related to St. John's University, New York's tax exempt purpose or fall within one of the safe harbors and/or exceptions, and consequently do not result in private business use in the bond-financed space. DASNY St. John's University Series 2013A - All activities and contracts currently operated within this bond-financed space are either related to St. John's University, New York's tax exempt purpose or fall within one of the safe harbors and/or exceptions, and consequently do not result in private business use in this bond-financed space. Schedule K, Part III, Line 8B, Columns B, C and D (ST. John's Bonds) The percentages of bond-financed property sold or disposed of include bonds issued to refund bonds originally issued prior to 2003. Schedule K, Part III, Line 8C, Columns B, C and D (St. John's Bonds) The University sold certain bond-financed assets in September 2016, but did not take remedial action at that time. Upon discovery of the issue and the need to remediate, the University promptly consulted with the issuer of the bonds, and submitted a request for a closing agreement under the internal revenue service Voluntary closing agreement program in May 2018. A DASNY St John's University Series 2013A 146000293 649907XK3 2013-11-20 58019006 PURCHASE STUDENT RESIDENCE false false false B DASNY St John's University Series 2015A 146000293 6499076D9 2015-04-15 121109546 REFUND 2007A BONDS false false false C DASNY St John's University Series 2017A 146000293 64990c6d8 2017-12-28 51095452 REF 2012 A & B and 2008B1 & B2 false false false A 0 0 58019006 0 0 0 869568 0 0 57149438 0 0 2017 false false true true B 0 0 121109546 0 0 0 1072236 0 0 120037310 13132637 0 2015 false true true true C 0 0 51095452 0 0 47509468 687320 0 0 0 2898664 0 2018 true true true true A false false true true false 0 false false false true B false false true true false 0.00500 0.00500 false false false true C false false true true false 0.00800 0.00800 false false false true A false true false false false false 0 false 0 false true B false true false false false false 0 false 0 false true C false true false false false false 0 false 0 false true A true B true C true X 26 1938451 SEE PART II false true true Schedule M, part I Column B The University is reporting the number of contributions. Schedule M, Part I, Line 9 Average Market Price on date stock is received. Schedule M, Part I, Line 32b The University only uses stock brokers to sell stocks that are donated to the University. There is no soliciting for non-cash donations involved in this process. ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 and PART III, LINE 1 St. John's University is a Catholic, Vincentian, Metropolitan, and Global Institution of Higher Education that strives to provide excellent education for all people; especially those lacking economic and social advantages. The Vincentian tradition at St. John's University is the foundation and the source of the core values its members strive to embody: Truth, Love, Respect, Opportunity, Excellence, and Service. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the Audit and Risk Committee of the Board of Trustees and is made available to the entire Board of Trustees prior to filing. Form 990, Part VI, Section B, Line 12c The University monitors and enforces compliance with its conflict of interest policy by obtaining signed and dated conflict of interest statements from officers and all members of the Board of Trustees. Any trustee with an interest in a proposed transaction is required to make a full disclosure of all material facts as soon as he/she becomes aware of the proposed transaction, and he/she may not participate in any deliberation or vote, or exercise any influence with regard to the proposed transaction. Form 990, Part VI, Section B, Line 15 An external consultant is contracted to compile survey data from educational, not-for-profit and peer institutions as well as information on other Form 990s to establish comparable compensation ranges. The President's compensation is recommended by the consultant, reviewed by the Governance Committee of the Board of Trustees and presented to the Board of Trustees for approval. Management's recommendations of officers' compensation are approved by the Governance Committee. The University's compensation review and approval process is recorded contemporaneously in the minutes. 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 VII, Section A, Line 1A Pursuant to an agreement with the congregation of the mission of St. Vincent De Paul, compensation for Rev. Bernard M. Tracey, C.M., Executive Vice President for Mission, is paid directly to the congregation of the mission. Form 990, Part XI, Line 9 Change in fair value of interest rate swap of $1,307,176, effect of advance refunding of long-term debt ($1,693,208) and other nonoperating activities of ($581,700). Form 990, Part XII, Line 2c The consolidated audited financial statements as of and for the year ended May 31, 2018 have been prepared by St. John's University and include the University and its affiliates - St. John's Paris Association and the Rome SRL. The University's Audit and Risk Committee assumes responsibility for oversight of the audit of the University's financial statements and selection of the University's independent auditors. Schedule F, Part III, Column (C) and Schedule I, Part III, Column (B) Some of the recipients that received grants outside the U.S. also received grants inside the U.S. St John's Bread & Life Program Inc 795 Lexington Avenue Brooklyn NY 11221 113174514 Meals/SVCS NY 501(c)(3) 7 StJohn'sNY true Pooled Income Fund 8000 Utopia Parkway Jamaica NY 11439 Investment NY NA true false true false false false false false false false false false true false false false false false false false