2018-05-15T17:04:47-05:00 2017-06-30 910189318 Moss Adams LLP 4747 Executive Drive Suite 1300 San Diego CA 92121 990 2016-07-01 941610694 JOHN F KENNEDY UNIVERSITY JOHN 9259693300 100 ELLINWOOD WAY PLEASANT HILL CA 94523 Dave C Lawrence Vice Chancellor, Finance 9259693300 2018-05-14 1 Patricia J Mayer P00188643 8586271400 2016 2022-09-23 18:48:47Z Dave C Lawrence 100 ELLINWOOD WAY PLEASANT HILL CA 94523 27846177 0 X WWW.JFKU.EDU X 1964 CA OUR MISSION IS TO PROVIDE ACCESS TO HIGH-QUALITY, INNOVATIVE EDUCATIONAL OPPORTUNITIES THAT INTEGRATE THEORY AND LIFE EXPERIENCE. WE INSPIRE PERSONAL, PROFESSIONAL AND ACADEMIC GROWTH, AND ADVANCE THE WELL-BEING OF OUR DIVERSE LOCAL AND GLOBAL COMMUNITIES. THIS MISSION IS BUILT UPON OUR CORE VALUES. 22 21 604 0 0 0 1277097 7706102 20967914 18339892 237357 466829 1013345 744392 23495713 27257215 515746 604512 0 0 14732628 16136609 0 0 395798 9595503 10852980 24843877 27594101 -1348164 -336886 31216134 32543872 16898808 18313719 14317326 14230153 X OUR MISSION IS TO PROVIDE ACCESS TO HIGH-QUALITY, INNOVATIVE EDUCATIONAL OPPORTUNITIES THAT INTEGRATE THEORY AND LIFE EXPERIENCE. WE INSPIRE PERSONAL, PROFESSIONAL AND ACADEMIC GROWTH, AND ADVANCE THE WELL-BEING OF OUR DIVERSE LOCAL AND GLOBAL COMMUNITIES. THIS MISSION IS BUILT UPON OUR CORE VALUES. 0 0 13309889 604512 18339892 WE ARE DEDICATED TO STUDENTS WHO WANT TO CONTINUE THEIR FORMALEDUCATION, CHART NEW PROFESSIONAL DIRECTIONS AND/OR DERIVE GREATERMEANING FROM THEIR LIVES. WE PROVIDE A LEARNING ENVIRONMENT FOR THOSESEEKING A TRANSFORMATIVE AND LIFE-ENHANCING EDUCATIONAL EXPERIENCE.OUR COURSES OF STUDY ARE DELIVERED BY OUTSTANDING SCHOLAR-PRACTITIONERSIN A CREATIVE AND CHALLENGING ENVIRONMENT. WE PROMOTE HOLISTIC,INTERDISCIPLINARY, EXPERIMENTIAL LEARNING THAT BALANCES BREADTH ANDDEPTH. WE ARE RESPONSIVE TO CHANGING NEEDS OF OUR STUDENTS AND SOCIETYAND INCORPORATE SERVICE TO THE COMMUNITY INTO THE ACADEMIC EXPERIENCE.WE OFFER COURSES OF STUDY IN COUNSELING, MUSEUM STUDIES, LIBERALSTUDIES, MANAGEMENT, AND LAW. WE PROVIDED EDUCATIONAL PROGRAMS ANDSERVICES TO OVER 1,273 STUDENTS THIS YEAR.OUR EDUCATIONAL EXPERIENCE INCORPORATES INTERNSHIPS WHICH OFFERAPPLICATION OF LEARNED TECHNIQUES AND ALLOW OUR STUDENTS TO LEARN ASTHEY WORK. THE STUDENT INTERNS, UNDER SUPERVISION, PROVIDE MENTALHEALTH CARE SERVICES AT LOW COST AT OUR THREE COMMUNITY COUNSELINGCENTERS AND LEGAL SERVICE PROGRAMS TO SENIORS AT NO COST THROUGH OURLEGAL CLINIC FOR ELDERS. FROM FOUR OF OUR LOCATIONS IN THE GREATER BAYAREA, WE PROVIDED MORE THAN 55,000 HOURS OF COUNSELING AND LEGALSERVICES AND 2,000 HOURS OF SERVICE TO CLIENTS IN THE SURROUNDINGCOMMUNITIES. 13309889 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1314 0 1 604 1 0 0 0 0 0 1 1 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Michelle Bello Associate VP Finance 9259693314 100 ELLINWOOD WAY PLEASANT HILL CA 94523 CARLOS RODRIGUEZ trustee 3.00 X 0 0 0 Dan Pittard trustee 3.00 X 0 0 0 DR DONALD KRIPKE vice chair, trustee 3.00 X 0 0 0 DR E LEE RICE trustee 3.00 X 0 0 0 Dr Erlinda Martinez trustee 3.00 X 0 0 0 DR MICHAEL CUNNINGHAM CHANCELLOR, TRUSTEE 45.00 X X 54310 0 2297 GERALD CZARNECKI chair, trustee 3.00 X 0 0 0 HERBERT MEISTRICH trustee 3.00 X 0 0 0 HIEP QUACH trustee 3.00 X 0 0 0 Jay Stone trustee 3.00 X 0 0 0 JEANNE CONNELLY secretary, trustee 3.00 X 0 0 0 Joanne Pastula trustee 3.00 X 0 0 0 Kim Folsom trustee 3.00 X 0 0 0 MICHAEL R MCGILL trustee 3.00 X 0 0 0 REBECCA HENDERSON TRUSTEE 3.00 X 0 0 0 RICHARD CHISHOLM treasurer, trustee 3.00 X 0 0 0 ROBERT FREELEN trustee 3.00 X 0 0 0 Ruthann Heinrich trustee 3.00 X 0 0 0 STACY ALLISON trustee 3.00 X 0 0 0 THOMAS TOPUZES trustee 3.00 X 0 0 0 Tom Clevinger Trustee 3.00 X 0 0 0 WH KNIGHT JR trustee 3.00 X 0 0 0 Dave C Lawrence Vice Chancellor, Finance; Treasurer 5.00 X 7993 0 867 Debra Bean President 45.00 X 357029 0 68612 Michelle Bello Associate Vice Chancellor, Finance; Assistant Secr 5.00 X 0 0 0 Anne Marie Taylor VP, Advancement 45.00 X 158731 0 37930 Dean Barbieri Provost 45.00 X 252772 0 38226 Gerardo Rodriguez-Menendez Dean, College of GPS (thru 4/17) 45.00 X 176682 0 20726 Chris Kanios Professor 45.00 X 124895 0 37938 Jack Paduntin VP, Academic Initiatives 45.00 X 145396 0 30876 John Banks Professor 45.00 X 146273 0 17118 Michael Davidson Director, Marketing 45.00 X 120314 0 27707 Michael Graney-Mulholland Dean, CUGS 45.00 X 130969 0 10142 DR JERRY LEE II chancellor emeritus 3.00 X 352459 0 0 2027823 0 292439 10 1 1 0 Jenzabar Inc PO Box 55018 Boston MA 022055018 Software support 351766 Amell Construction Inc 929 Wiget Lane Walnut Creek CA 94598 Construction 248957 Hamnasu Takele AbideSecurity 5817 Madison Avenue Richmond CA 94804 Security Services 219252 HawthorneStone Prop Rent 1704 Union Street San Francisco CA 941234407 Rental company 216044 Mist Her Smith Inc 1721 Broadway 201 Oakland CA 94612 Marketing Services 212136 8 174219 6000000 912993 618890 7706102 tuition & fees 900099 17631605 17631605 educational activities 900099 708287 708287 18339892 225385 225385 49290 0 49290 49290 49290 749427 507983 241444 241444 241444 72863 174219 80979 -8116 -8116 other revenue 900099 703218 703218 703218 27257215 18339892 0 1211221 604512 604512 1177402 1177402 12001233 8561264 3225979 213990 425007 316817 100335 7855 1602649 50374 1552025 250 930318 626518 287212 16588 54791 54791 75084 75084 16535 16535 1966326 455414 1461875 49037 2310626 34394 2264132 12100 548433 83650 460005 4778 192318 80663 108557 3098 1814617 15355 1798351 911 112558 71118 40514 926 241675 141080 97321 3274 281202 281202 1199515 1199515 2239 2239 HOSPITALITY 307570 129954 122517 55099 book and Publications 259008 256197 2811 0 dues and Memberships 96932 56444 35238 5250 1373551 624381 726528 22642 27594101 13309889 13888414 395798 1475 1475 2262608 4229415 75425 0 2742354 1389141 259205 198656 617931 388430 27159372 9773786 16390752 17385586 8866384 8951169 31216134 32543872 767139 903205 217201 80829 555784 1174259 15358684 16155426 16898808 18313719 X 10113261 9776131 2157125 2307082 2046940 2146940 14317326 14230153 31216134 32543872 -336886 249713 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 25000.00 0 1 0 20.00 2500 X X 0 4744144 300000 635855 5679999 4895664 -151520 4744144 4539558 330468 25638 4895664 3878107 24770 640555 3874 4539558 3411179 466928 3878107 0.30170 0.37800 0.32030 0 1 1 4668317 4668317 16891690 7259277 9632413 648541 377477 271064 2909085 865782 2043303 2041739 1271250 770489 17385586 deferred rent 101422 due to affiliates 3057526 student association funds 197886 note payable to affiliate 12798592 16155426 X 26966860 249713 80979 330692 26636168 621047 621047 27257215 27054033 80979 80979 26973054 621047 621047 27594101 Part II, Line 9: ALL COSTS RELATED TO MAINTENANCE OF EASEMENT ARE REFLECTED IN THE FINANCIAL STATEMENTS ARE OPERATING COSTS. THE UNIVERSITY PROVIDES REGULAR LANDSCAPE MAINTENANCE FOR PUBLIC ACCESS PORTION OF THE PROPERTY. Part III, Line 4: VARIOUS PAINTINGS AND SCULPTURES ON PUBLIC DISPLAY. Part V, Line 4: ENDOWMENT INCLUDES BOTH DONOR RESTRICTED AND BOARD DESIGNATED FUNDS. DONOR RESTRICTED FUNDS ARE USED AS PER DONOR INSTRUCTIONS WITH USES PREDOMINATELY FOR SCHOLARSHIPS AND GENERAL AWARDS. Part X, Line 2: JFKU is a non-profit organization under Section 501(c)(3) of the Internal Revenue Code and related state provisions and as such is not subject to Federal and state income taxes. There is no unrelated business income tax for the years ended June 30, 2017 and 2016, as such, no provision for income taxes has been reflected in the accompanying financial statements. Income tax benefits and/or liabilities are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. JFKU has analyzed the tax positions taken in its filings with the Internal Revenue Service and the California Franchise Tax Board. JFKU believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on JFKU's financial condition, results of operations or cash flows. Accordingly, JFKU has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2017 and 2016. Part XI, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSEs 80,979. Part XI, Line 4b - Other Adjustments: SCHOLARSHIPS 604,512. INVESTMENT MANAGEMENT FEES 16,535. Part XII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSEs 80,979. Part XII, Line 4b - Other Adjustments: SCHOLARSHIPS 604,512. INVESTMENT MANAGEMENT FEES 16,535. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 ADVERTISING PLACED IN MEDIA AND ON NU EXTERNAL FACING WEBSITE GENERALLY CONTAIN THE FOLLOWING STATEMNET: ADMISSION IS OPEN TO QUALIFIED APPLICANTS WITHOUT REGARD TO RACE, RELIGION, SEX, AGE, PHYSICAL DISABILITY, OR ETHNIC ORIGIN. Schedule E, Part I, Line 6 THE UNIVERSITY RECEIVES FEDERAL FINANCIAL AID ASSISTANCE FOR STUDENTS IN THE FORM OF PERKINS LOAN FUNDS AND PELL AND SEOG GRANTS. THE UNIVERSITY IS REQUIRED TO PROVIDE 25% OF THE FUNDS AVAILABLE TO STUDENTS FOR THE SEOG PROGRAM. 1 South Asia 1 Program services Teaching 2067 East Asia and the Middle East Sending agents of the organization to attend and speak at seminars and conferences Conference attendance 3775 North America (Canada and Mexico) Sending agents of the organization to attend and speak at seminars and conferences Conference attendance 3128 Europe (including Iceland and Greenland) Sending agents of the organization to attend and speak at seminars and conferences Conference attendance 3431 Central America, South America and the Caribbean Sending agents of the organization to attend and speak at seminars and conferences Conference attendance 6758 0 1 0 0 0 1 19159 0 19159 0 0 0 0 0 0 Part I, line 3: Accrual basis KL Dinner 232685 167217 65468 38888 31363 LEAP 6902 5852 1050 911 80 240 1 7495 1150 6345 9497 247082 174219 72863 911 48465 31603 80979 -8116 1 scholarships to jfk students, TUITION REDUCTION 368 604512 fmv TUITION IS REDUCED BY THE AMOUNT OF INDIVIDUAL SCHOLARSHIPS AWARDED TO STUDEnts. Part I, Line 2: JOHN F KENNEDY UNIVERSITY IDENTIFIES ELIGIBLE GRANTEES AS PER REGULATIONS FOR EDUCATIONAL PURPOSES AND COMMUNITY SERVICES. GRANT FUNDS AND GRANTEES ARE MONITORED AS APPROPRIATE PER REGULATIONS THROUGH PERIODIC AND ANNUAL REPORTS. X 1 1 X X X X 1 1 0 0 0 0 0 1 0 Debra Bean President 329397 0 27632 0 0 0 14470 0 54142 0 425641 0 0 0 Anne Marie Taylor VP, Advancement 158731 0 0 0 0 0 10223 0 27707 0 196661 0 0 0 Dean Barbieri Provost 252772 0 0 0 0 0 17800 0 20426 0 290998 0 0 0 Gerardo Rodriguez-Menendez Dean, College of GPS (thru 4/17) 176682 0 0 0 0 0 300 0 20426 0 197408 0 0 0 Chris Kanios Professor 124895 0 0 0 0 0 10231 0 27707 0 162833 0 0 0 Jack Paduntin VP, Academic Initiatives 145396 0 0 0 0 0 10450 0 20426 0 176272 0 0 0 John Banks Professor 146273 0 0 0 0 0 993 0 16125 0 163391 0 0 0 DR JERRY LEE II chancellor emeritus 0 0 0 0 352459 0 0 0 0 0 352459 0 0 0 Part I, Line 1a FIRST CLASS TRAVEL IS MADE AVAILABLE TO BOARD MEMBERS IF THE FLIGHT IS OVER 3 HOURS. THIS IS NOT INCLUDED AS TAXABLE INCOME TO SUCH BOARD MEMBERS IF UTILIZED. Part I, Lines 4a-b GERARDO RODRIGUEZ-MENENDEZ RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $28,000. ANN MARIE TAYLOR RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $19,082. DR. JERRY LEE PARTICIPATED IN A 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DURING FISCAL YEAR ENDING JUNE 30, 2017. PLAN DISTRIBUTIONS WERE MADE DURING THE YEAR ENDING 6/30/17 N THE AMOUNT OF $352,459. Part I, Line 7 Bonuses for officers and key emploees are AWARDED WITHIN A SPECIFIED RANGE IN THE DISCRETION OF THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES and based upon achieving goals. Form 990, Part VI, Section B, line 11b THE DRAFT FORM 990 WAS DISTRIBUTED TO SENIOR MANAGEMENT and the audit committee. THE FINAL VERSION OF FORM 990 WAS DISTRIBUTED FOR REVIEW BEFORE FILING TO THE TRUSTEES BY EMAIL. Form 990, Part VI, Section B, line 12c The board of trustees has periodically reviewed and approved (by a majority of disinterested trustees) the business transactions with trustees or their affiliated professional service firms. Such reviews include consideration of data on comparable service providers collected by university council. The interested trustees were excused from board sessions during which those business transactions were discussed and did not participate in voting on such transactions. Questionnaires are distributed every January. Compliance with the conflict of interest policy is monitored by university council and was reviewed by the board during the year ended June 30, 2017. Form 990, Part VI, Section B, line 15 COMPENSATION OF THE PRESIDENT OF THE UNIVERSITY IS REVIEWED BY THE BOARD AT THE TIME OF HIRING AND AS NECESSARY THEREAFTER. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED OR REVIEWED BY THE PRESIDENT, IN COORDINATION WITH THE CHANCELLOR. IN BOTH CASES, COMPENSATION IS DETERMINED WITH REGARD TO COMPENSATION PAID TO SENIOR EXECUTIVES OF COMPARABLE NON-PROFIT AND PROPRIETARY INSTITUTIONS IN EDUCATION AND OTHER FIELDS. the process is documented and was last completed IN MAY 2017. Form 990, Part VI, Section C, line 19 the organization makes its governing documnets, conflict of interest policy, and financial statements available to the public upon request. FORM 990, PART VII, COMPENSATION: DR. LEE COMPENSATION AS CHANCELLOR OF THE NATIONAL UNIVERSITY SYSTEM ("NUS") PURSUANT TO THE AFFILIATION AGREEMENT, DR. LEE GUIDEd THE STRATEGIC DIRECTION OF THE NU AFFILIATES. HE SPEARHEADED THE CREATION AND GROWTH OF THE NUS SINCE ITS INCEPTION IN 2001 through his retirement in september 2013. DURING THE FISCAL YEAR 2008-2009, HE LED THE NEGOTIATIONS THAT CULMINATED IN JOHN F KENNEDY UNIVERSITY BECOMING AN AFFILIATE OF THE NUS. THANKS TO THAT AFFILIATION, THE NUS NOW INCLUDES AN INSTITUTION THAT IS ACCREDITED TO AWARD DOCTORAL DEGREES. DURING THE FISCAL YEAR 2012-2013, HE LED THE NEGOTIATIONS THAT CULMINATED IN CITY UNIVERSITY OF SEATTLE BECOMING AN AFFILIATE OF NUS. THANKS TO THAT AFFILIATION, NUS ADDED 30 ADDITIONAL CAMPUSES AND OVER 7,000 STUDENTS. SEE STATEMENT ON SCHEDULE O THAT REFERENCES SCHEDULE R, FOR A DESCRIPTION OF THE NUS. THE CHANCELLOR'S COMPENSATION IS PAID BY SYSTEM MANAGEMENT GROUP ("SMG") AND IS ALLOCATED AMONG OTHER NUS AFFILIATES. SEE FORM 990 FILED BY SMG. NONE OF DR. LEE'S COMPENSATION IS ALLOCATED TO ANY OTHER ORGANIZATION OUTSIDE THE NUS. FORM 990, PART VII AND SCHEDULE J, PART II: COMPENSATION: RELATED PARTY ALL COMPENSATION FOR CERTAIN OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES IS ALLOCATED BY SMG TO NUS AFFILIATES PURSUANT TO THE AFFILIATION AGREEMENT. FOR A COMPLETE LISTING OF RELATED PARTY ALLOCATION OF COMPENSATION AND BENEFITS PLEASE REFER TO SMG FORM 990, SCHEDULE O DISCLOSURE. system management group 11355 north torrey pines road la jolla CA 92037 201269904 provides administrative services to affiliated institutions CA 501(c)(3) Line 12a, I N/A 1 NATIONAL UNIVERSITY VIRTUAL HIGH SCHOOL 11355 north torrey pines road la jolla CA 92037 562438569 EDUCATIONAL INSTITUTION CA 501(c)(3) Line 10 N/A 1 WESTMED COLLEGE 11355 north torrey pines road la jolla CA 92037 900171867 EDUCATIONAL INSTITUTION CA 501(c)(3) Line 10 N/A 1 SPECTRUM PACIFIC LEARNING INC 11355 north torrey pines road la jolla CA 92037 453996682 Inactive CA 501(c)(3) Line 10 N/A 1 NATIONAL UNIVERSITY INTERNATIONAL INC 11355 north torrey pines road la jolla CA 92037 453997908 Inactive CA 501(c)(3) Line 2 N/A 1 national university 11355 NORTH TORREY PINES ROAD la jolla CA 92037 237172306 eDUCATIONAL INSTITUTION CA 501(c)(3) Line 2 N/A 1 city university of seattle 521 wall street no 100 seattle WA 98121 237421224 eDUCATIONAL INSTITUTION WA 501(c)(3) Line 2 N/A 1 0 0 1 0 1 0 0 0 0 0 1 0 1 1 1 1 0 1 0 national university K 553809 CASH SYSTEM MANAGEMENT GROUP M 2154413 CASH national university M 16527828 CASH National university E 12798592 CASH LOAN national university C 6000000 cASH national university P 11934840 cash national university R 279894 cash national university E 3057526 cash SCHEDULE R, RELATED ORGANIZATIONS: THE NUS IS AN ALLIANCE OF EDUCATIONAL INSTITUTIONS, SERVING DIVERSE LEARNERS FROM HIGH SCHOOL TO DOCTORAL PROGRAMS. THE NUS INCLUDES 6 INDEPENDENT NON-PROFIT ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3): NATIONAL UNIVERSITY, NATIONAL UNIVERSITY VIRTUAL HIGH SCHOOL, WESTMED COLLEGE, JOHN F. KENNEDY UNIVERSITY, CITY UNIVERSITY OF SEATTLE, AND SYSTEM MANAGEMENT GROUP (SMG). SMG IS A SUPPORTING ORGANIZATION EXEMPT UNDER IRC SECTION 509(A)(3) WHICH PROVIDES SUPPORT AND SERVICES TO ITS TAX-EXEMPT AFFILIATES IN THE NUS. SPECTRUM PACIFIC LEARNING COMPANY LLC AND NATIONAL UNIVERSITY INTERNATIONAL LLC ARE WHOLLY-OWNED BY NATIONAL UNIVERSITY, AND ARE TREATED AS DISREGARDED ENTITIES FOR TAX PURPOSES. THE BOARD OF TRUSTEES OF EACH NUS AFFILIATE GOVERNS EACH AFFILIATE INDEPENDENTLY. THE BOARD OF TRUSTEES HAS NO AUTHORITY TO REMOVE, REPLACE OR APPOINT A MAJORITY OF THE GOVERNING BODY OF THOSE OTHER AFFILIATES. THE BOARD OF TRUSTEES OF EACH AFFILIATE, ACTING IN ITS INDEPENDENT CAPACITY, PERIODICALLY APPOINTS ITS OWN NEW TRUSTEES. THE BOARD OF TRUSTEES HAS A MAJORITY OVERLAPPING COMPOSITION BETWEEN EACH AFFILIATE OF NUS. IN ADDITION, THE NUS AUDIT FIRM PREPARES A SET OF "COMBINED NOT "CONSOLIDATED" AUDITED FINANCIAL STATEMENTS THAT INCLUDE THE EIGHT INDEPENDENT NON-PROFIT ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3): NATIONAL UNIVERSITY, NATIONAL UNIVERSITY VIRTUAL HIGH SCHOOL, WESTMED COLLEGE, JOHN F. KENNEDY UNIVERSITY, CITY UNIVERSITY OF SEATTLE, AND SYSTEM MANAGEMENT GROUP.