2017-05-05T14:02:25-07:00 2016-06-30 990 2015-07-01 590624416 Stetson University Inc STET 3868227015 421 N Woodland Blvd DeLand FL 327238417 Frank Robert Huth Jr Executive Vice President and CFO 3868227015 2017-05-05 2015 2021-01-29 14:40:06Z Frank Robert Huth Jr 421 N Woodland Blvd Unit 8278 DeLand FL 32723 309588129 0 X www.stetson.edu X 1883 FL Our mission at Stetson University is to provide an excellent education in a creative community where learning and values meet, and to foster in students the qualities of mind and heart that will prepare them to reach their full potential as informed citizens of local communities and the world. 34 33 2758 57 85749 0 16644963 16754871 172783288 192013699 13978303 9181243 3930552 1741853 207337106 219691666 68524518 77897076 0 0 74819171 78435289 17852 27089 4087215 49705943 55430568 193067484 211790022 14269622 7901644 459258935 457049629 139886192 142000723 319372743 315048906 Stetson Mission: Our mission at Stetson University is to provide an excellent education in a creative community where learning and values meet, and to foster in students the qualities of mind and heart that will prepare them to reach their full potential as informed citizens of local communities and the world. 0 0 172695116 77897076 168769375 Educational: The University provides high quality educational services to students on four different campuses, serving over 3,000 undergraduate students and over 1,200 graduate and post-baccalaureate students. The University is committed to its strong liberal arts heritage, offering over 50 major and minor programs in various fields of study. The University offers numerous graduate degree programs, along with Juris Doctor, Master of Laws, and Master of Jurisprudence degrees. The undergraduate student to faculty ratio is 12.9:1; The DeLand campus has 216 full-time faculty members, 95 percent of who hold a Ph.D. or equivalent degrees. The College of Law campus has 49 full-time professors and is supplemented by over 60 experienced practitioners in specialized areas. Grants and scholarships were provided to students based on talent, academic, and athletic achievement and financial need. 20475367 23244324 Auxiliary enterprises: The University auxiliary enterprises are for the convenience and benefit of its students, faculty, and staff. These services include a wide variety of students housing options, including dormitories and apartment-style accommodations. In addition, the University offers full array of dining services, student convenience store, campus bookstore, and print shop. 0 0 0 193170483 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 0 1 6534 0 1 2758 1 1 1 0 0 0 0 1 1 0 0 0 0 X 34 33 1 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 FL X Frank Robert Huth Jr 3868227015 421 N Woodland Blvd DeLand FL 327238417 Wendy B Libby President/Trustee 70 0 X X 538173 0 111342 Steven Alexander Trustee 0 0 X 0 0 0 William R Booth Trustee 0 0 X 0 0 0 Maureen Breakiron-Evans Trustee 0 0 X 0 0 0 Cynthia R Brown Trustee 0 0 X 0 0 0 J Hyatt Brown Trustee 0 0 X 0 0 0 C Scott Bruin Trustee 0 0 X 0 0 0 S Sammy Cacciatore Jr Trustee 0 0 X 0 0 0 Yvonne Chang Trustee 0 0 X 0 0 0 Joe R Cooper Trustee 0 0 X 0 0 0 Nancy Farmer Trustee 0 0 X 0 0 0 Bonnie Foreman Trustee 0 0 X 0 0 0 Richard C George Trustee 0 0 X 0 0 0 Glenn Henderson Trustee 0 0 X 0 0 0 Tony Jenkins Trustee 0 0 X 0 0 0 Betty D Johnson Trustee 0 0 X 0 0 0 Geoffrey Jollay Trustee 0 0 X 0 0 0 Laurel A Kent Trustee 0 0 X 0 0 0 L Patrick Lane Trustee 0 0 X 0 0 0 Brenda H Lopez Trustee 0 0 X 0 0 0 Christine E Lynn Trustee 0 0 X 0 0 0 Joshua Magidson Trustee 0 0 X 0 0 0 M Lee McGraw Trustee 0 0 X 0 0 0 Susan Morris Trustee 0 0 X 0 0 0 Jane Edmunds Novak Trustee 0 0 X 0 0 0 Harlan Paul Trustee 0 0 X 0 0 0 Robert Pocica Trustee 0 0 X 0 0 0 Luis Prats Trustee 0 0 X 0 0 0 Gary D Reddick Trustee 0 0 X 0 0 0 David B Rinker Trustee 0 0 X 0 0 0 Troy Templeton Trustee 0 0 X 0 0 0 John D Walda Trustee 0 0 X 0 0 0 Charles A Wolfe Trustee 0 0 X 0 0 0 Kenneth Ziesenheim Trustee 0 0 X 0 0 0 Elizabeth Paul Executive VP and Provost 60 0 X 302320 0 84433 Frank R Huth Executive VP and CFO 60 0 X 282984 0 75673 Joel Bauman VP Enrollment Management 60 0 X 185438 0 55371 Jeffery Ulmer VP for University Relations 60 0 X 178454 0 28898 Christopher Pietruszkiewicz Dean of Law School 60 0 X 256534 0 58542 Rebecca C Morgan Professor of Law 40 0 X 241812 0 43411 Peter F Lake Professor of Law 40 0 X 230976 0 41803 Michael Allen Professor of Law & Associate Dean of Academic Affairs 40 0 X 225486 0 36559 Jacob R Bruce Professor of Law - Dean Emeritus 40 0 X 223932 0 45688 Bobbi Flowers Professor of Law 40 0 X 222685 0 20172 2888794 0 601892 117 0 1 0 Bace Construction Inc 1623 Alligator Road DeLand FL 32724 Construction 5716354 Chartwells PO Box 91337 Chicago IL 606931337 Food Service 4924512 Williams Company Building 2301 Silver Star Road Orlando FL 32804 Construction 2010305 Hanbury Evans Wright Vlattas & Company PO Box 3518 Norfolk VA 23514 Architectural & Engineer Services 1659512 Tech Strategies International LLC 1553 Stargazer Terrace Sanford FL 32771 Consultants/Training 933186 30 0 0 89214 0 1882256 14783401 4229953 16754871 Tuition & Fees 611710 163284403 163284403 0 0 Residential Room Charges 611710 14975185 14975185 0 0 Dining Services 611710 8140060 8140060 0 0 Sales of Educational Services 611710 4347151 4347151 0 0 Athletics 611710 844851 844851 0 0 422049 422049 0 0 192013699 5170518 0 0 5170518 100004 0 0 100004 6785 0 0 6785 1114809 0 821209 0 293600 0 293600 0 86549 207051 92659308 127924 88876511 0 3782797 127924 3910721 3910721 0 0 91496 89214 198743 -107247 0 -107247 Sponsorship 611710 358471 358471 0 0 Bookstore 611710 224843 224843 0 0 Traffic Fees & Fines 611710 198611 198611 0 0 766790 767590 -800 0 1548715 219691666 197473935 85749 5377111 0 77897076 77897076 1928832 534747 917482 476603 58075173 51595721 4673478 1805974 5152347 4476272 480078 195997 9314188 8092009 867863 354316 3964749 3444507 369421 150821 9533 9533 501434 180781 320653 158012 158012 27089 27089 729858 729858 4653529 4011831 612690 29008 965041 479884 396780 88377 4988625 3870544 820594 297487 3324361 2833245 458886 32230 1585 1585 9332844 8564588 717887 50369 4374791 4108652 151638 114501 531522 465057 56762 9703 3737993 3587056 127536 23401 9073820 8430266 588211 55343 2165944 799791 1365840 313 Dining Services/Catering 6451829 5969281 258241 224307 Athletics 1336101 1275786 13448 46867 Subscriptions 850332 788149 45401 16782 Membership and Dues 430969 247207 169383 14379 1812445 1516448 222649 73348 211790022 193170483 14532324 4087215 335747 244604 56560320 44997392 22526778 17383262 2806189 2773448 4888086 4967232 241629 228055 2600276 2412014 298754020 126262056 153376341 172491964 200882773 196771146 0 0 0 15040796 14780512 459258935 457049629 12765171 15600101 5286680 5931833 95519719 94149992 0 0 519607 968561 25795015 25350236 139886192 142000723 X 135957534 135962080 50588686 40595018 132826523 138491808 319372743 315048906 459258935 457049629 X 7901644 -10676818 0 0 0 -1548663 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 3185280 0 0 X X X 0 215823243 9292604 -2131647 3848909 5973129 729858 212432304 215457201 5766600 5432997 3620985 6456012 756558 215823243 186127395 8348302 29538265 3182625 4576288 797848 215457201 150756818 21313141 20733969 2464079 3402800 809654 186127395 147734624 5804081 3109254 2044587 3352974 493580 150756818 0.29 0.63 0.08 1 0 1146500 9080502 10227002 0 230153439 84249228 145904211 0 0 0 0 0 28683865 19875692 8808173 0 29689714 22137136 7552578 172491964 0 Annuities Payable 2520688 Deposits/Held for Others 151619 Post Retirement Benefits 6964970 Refundable Gov't Loan Funds 5265651 Unamortized Premium 10447308 25350236 130000587 -10676818 0 0 -79338193 -90015011 220015598 729858 -1053790 -323932 219691666 134216878 0 0 0 1053790 1053790 133163088 729858 77897076 78626934 211790022 Schedule D, Part III, Line 4 The majority of the University art collection includes a significant body of work from the renowned German painter, Oscar Bluemner. This portion of the collection was valued at $2,621,000 at the time it was gifted to the University in 2000. Additional works from various artists, including several paintings and sculpture, have been gifted to the University's collections over the years. These works, along with the art contributed by Stetson students, are currently housed in the Hand Art Center, where both the Stetson community and the public may study and enjoy them. The Gillespie Museum of Minerals is Stetson University's earth science collection museum. The museum's collection of 20,000 mineral, rock, and fossil specimens is valued at $402,431. The museum has developed over the past fifty years into a center for environmental education. Exhibits and Displays include geology, native Florida ecosystems and plant landscapes, minerals and mining, and fluorescent rocks. Schedule D, Part V, Line 4 The University endowment funds are used primarily for the benefit of students, faculty support, program support and facilities. The majority of endowment funds go to support student scholarships, including awards for merit, athletic participation and financial need. Endowment funds support several faculty chair positions, as well as general faculty salaries and benefits. Several university programs, such as the Roland George investment program and the Hollis renaissance program are fully supported by endowments. Additionally, the endowment provides facilities maintenance and support for existing institutional buildings and dormitories. Schedule D, Part XI, Line 2d Scholarships <$77,897,076>, Write-off of Uncollectible Pledges <$1,314,822>, Actuarial Adjustment <$126,296>. Schedule D, Part XI, Line 4b Rental <$821,209>, Fundraising expenses <$198,743>, and UBI advertising <$33,838>. Schedule D, Part XII, Line 2d Rental $821,209, Fundraising expenses $198,743, and UBI advertising $33,838. Schedule D, Part XII, Line 4b Scholarships $77,897,076 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 University bulletin is made available to all prospective students via the University's website. Schedule E, Part I, Line 6 Stetson University participates in numerous federal and state programs listed in Stetson's single audit report under OMB Circular A-133 and the Single Audit Act of the state of Florida. Federal Programs are as follows: US Department of Education, US Department of Justice, US Department of Commerce, National Endowment for the Humanities, US Department of Health and Human Services, and US Department of the Interior. State Programs are as follows: Florida Department of Education, Department of Highway Safety and Motor Vehicles, and Division of Historical Resources. South America 0 0 Speaking at Seminars or Conferences Conferences - Brazil 1117 North America (including Canada and Mexico, but not the United States) 0 0 Speaking at Seminars or Conferences Conferences - Canada 15677 East Asia and the Pacific 0 0 Speaking at Seminars or Conferences Conferences - China 1367 South America 0 0 Speaking at Seminars or Conferences Conferences - Columbia 1380 Central America and the Caribbean 0 0 Speaking at Seminars or Conferences Conferences - Costa Rica 2673 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conferences - France 1500 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conferences - Germany 7115 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conferences - Ireland 13191 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conferences - Italy 5191 Central America and the Caribbean 0 0 Speaking at Seminars or Conferences Conferences - Jamaica 10146 East Asia and the Pacific 0 0 Speaking at Seminars or Conferences Conferences - Japan 2705 North America (including Canada and Mexico, but not the United States) 0 0 Speaking at Seminars or Conferences Conferences - Mexico 2987 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conferences - Netherlands 9196 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conferences - Norway 2193 East Asia and the Pacific 0 0 Speaking at Seminars or Conferences Conferences - Singapore 6285 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conferences - Spain 6648 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conferences - United Kingdom 4353 Europe (including Iceland and Greenland) 0 0 Program Services Performance - Germany & United Kingdom 10758 Europe (including Iceland and Greenland) 0 0 Program Services Publication Services - Finland 1131 Europe (including Iceland and Greenland) 0 0 Program Services Publication Services - Sweden 1808 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Recruiting - Canada 3334 Europe (including Iceland and Greenland) 0 0 Program Services Recruiting - Germany 603 Europe (including Iceland and Greenland) 0 0 Program Services Recruiting - Ireland 1080 Europe (including Iceland and Greenland) 0 0 Program Services Recruiting - Netherlands 3820 Europe (including Iceland and Greenland) 0 0 Program Services Recruiting - United Kingdom 1997 East Asia and the Pacific 0 0 Program Services Research - China 6575 South America 0 0 Program Services Research - Columbia 1915 Central America and the Caribbean 0 0 Program Services Research - Cuba 913 South America 0 0 Program Services Research - Ecuador 3768 Europe (including Iceland and Greenland) 0 0 Program Services Research - France 919 Europe (including Iceland and Greenland) 0 0 Program Services Research - Germany 8482 Central America and the Caribbean 0 0 Program Services Research - Guatemala 8000 East Asia and the Pacific 0 0 Program Services Research - Indonesia 6708 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Research - Mexico 5800 Russia and the newly independent States 0 0 Program Services Research - Russia 4315 Europe (including Iceland and Greenland) 0 0 Program Services Research - Serbia 3500 Europe (including Iceland and Greenland) 0 0 Program Services Research - Spain 1431 Europe (including Iceland and Greenland) 0 0 Program Services Services - Germany 229 Europe (including Iceland and Greenland) 0 0 Program Services Services - Netherlands 229 Central America and the Caribbean 0 0 Program Services Study Abroad - Cayman Islands 62774 East Asia and the Pacific 0 0 Program Services Study Abroad - China 23204 Central America and the Caribbean 0 0 Program Services Study Abroad - Cuba 71684 Europe (including Iceland and Greenland) 0 0 Program Services Study Abroad - France 50299 Europe (including Iceland and Greenland) 0 0 Program Services Study Abroad - Innsbruck 168860 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Study Abroad - Mexico 41209 Russia and the newly independent States 0 0 Program Services Study Abroad - Russia 27490 Europe (including Iceland and Greenland) 0 0 Program Services Study Abroad - Scotland 27768 Europe (including Iceland and Greenland) 0 1 Program Services Study Abroad - Spain 51567 Europe (including Iceland and Greenland) 0 0 Program Services Study Abroad - Switzerland 27281 East Asia and the Pacific 0 0 Program Services Study Abroad - Thailand 82301 Europe (including Iceland and Greenland) 0 0 Program Services Study Abroad - United Kingdom 358258 0 1 1163734 0 0 0 0 0 0 X X X X X X X 1 Marts & Lundy 1200 Wall Street West Lyndhurst NJ 07071 Consulting 0 0 18666 -18666 0 18666 -18666 All States Gala Campaign 131970 82255 49715 0 9530 25778 45514 4750 55869 Chipper Jones 21277 0 21277 0 10038 3294 8076 750 1131 3 27462 6959 20503 0 19433 4741 5932 28 3878 180709 89214 91495 0 39001 33813 59522 5528 60878 198742 -107247 1 Scholarships are for talent, academic merit, athletic participation, and financial need. 3615 77897076 0 FMV Schedule I, Part I, Line 2 Stetson University ensures each scholarship is used for its intended purpose by applying the award amount directly to the recipient's student ledger. X X X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 Wendy B Libby President/Trustee 429371 0 75075 0 33727 0 76500 0 34842 0 649515 0 Elizabeth Paul Provost 302320 0 0 0 0 0 57063 0 27370 0 386753 0 Frank R Huth VP of Business Affairs/CFO 282984 0 0 0 0 0 54608 0 21065 0 358657 0 Joel Bauman VP Enrollment Management 185438 0 0 0 0 0 38060 0 17311 0 240809 0 Jeffery Ulmer VP for University Relations 178454 0 0 0 0 0 18335 0 10563 0 207352 0 Christopher Pietruszkiewicz Dean of Law School 256534 0 0 0 0 0 26500 0 32042 0 315076 0 Rebecca C Morgan Professor of Law 241812 0 0 0 0 0 22790 0 20621 0 285223 0 Peter F Lake Professor of Law 230976 0 0 0 0 0 20703 0 21100 0 272779 0 Michael Allen Professor of Law & Associate Dean of Academic Affairs 225486 0 0 0 0 0 18502 0 18057 0 262045 0 Jacob R Bruce Professor of Law - Dean Emeritus 223932 0 0 0 0 0 24235 0 21453 0 269620 0 Bobbi Flowers Professor of Law 202717 0 0 0 19968 0 18172 0 2000 0 242857 0 Schedule J, Part I, Line 1a The President's spouse accompanies her on business related travel when his presence is expected and necessary for the event. Travel expenses for spousal or companion travel are not reimbursed under the current University policy, except in very limited cases where the president's spouse is required or is expected to attend the function. The President is provided a residence on campus. Along with providing housing for the President and her spouse, the residence is also used for various university events and functions hosted by the President. Staff employed by the University provides housekeeping services at the President's residence. Catering services are also provided for university functions and events held at the President's residence for University purpose. Schedule J, Part I, Line 4 The University contributes to a supplemental nonqualified retirement plan under IRC Section 457(f) for the benefit of Wendy Libby, President; Elizabeth Paul, Executive VP and Provost; F. Robert Huth, Executive VP and CFO; Joel Bauman, VP for Enrollment Management. The collective amount contributed by the University for calendar year 2015 of $127,501 is included on Schedule J, Part II, Column (C). Amounts contributed are unfunded and subject to a substantial risk of forfeiture pursuant to the years of service requirement under this plan. A Volusia County Educational Facilities Authority 800000613 928836LXI 2015-04-01 107948319 Finance certain property acquisitions, renovations, and improvements to the University DeLand and Gu 0 0 0 A 1450000 0 107948319 0 322426 0 902842 0 0 25564539 56168333 24990179 1 0 0 1 A 0 1 0 0 0.008 0 0.008 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 Schedule K, Part I, Column f-04/01/2015 107,948,319 Volusia County Educational Facilities Authority Finance certain property acquisitions, renovations, and improvements to the University's DeLand and Gulfport campuses. Refund all of the Volusia County Educational Facilities Revenue and Refunding Bonds (Stetson University, Inc. Project), Series 2005, Series 2010, and Series 2011. Paid off bank loan made to the University from 5th3rd Bank, dated March 18, 2013. J Hyatt Brown Trustee 1556122 Insurance Brokerage Services provided by Trustee's corporation. 0 Cynthia R Brown Trustee 0 Insurance Brokerage Services provided by Trustee's corporation. 0 Steve Alexander Trustee 55000 Bond Advisory Services from corporation he is employed at. 0 X 8 3171 Fair Market Value X 4727 Fair Market Value X 300 Fair Market Value X 64 4140539 Fair Market Value X 6 11895 Fair Market Value X Volunteer expenses 29 14132 Actual Cost X Gift in Kind 42 46177 Fair Market Value X Event Food/Supplies 11 9012 Fair Market Value 2 0 1 0 Form 990, Part VI, Section A, Line 2 The following Board member(s) has a family relationship during fiscal year 2015-2016. J. Hyatt Brown and Cynthia R. Brown (husband and wife). Form 990, Part VI, Section A, Line 7a The Chairs of the four Advisory Boards (A&S, Music, Business, and Law) and the Alumni Association President are all ex-officio voting members of the Board of Trustees during their terms. Form 990, Part VI, Section B, Line 11b Prior to the May's Board of Trustees meeting, the University provides a draft copy of the Form 990 to the individual members of the Board of Trustees for review. The audit committee of the Board formally reviews and discusses the return, and members are given the opportunity to request or provide additional information before the return is filed. Form 990, Part VI, Section B, Line 12c The University's Conflict of Interest Policy is included in the articles of incorporation and the University's bylaws. Annually, the Board of Trustees members must complete a conflict of interest disclosure statement. The audit committee of the Board reviews the information from these forms for possible conflict issues. The audit committee is responsible for enforcement and disclosure of issues and any required action. Board members are required to recuse themselves from voting on any matter in which a conflict of interest exists. The conflict of interest policy that pertains to officers and any other employee of the University is included in the University's personnel policies manual. Form 990, Part VI, Section B, Line 15 The compensation of the President of the University is reviewed annually by the presidential development and compensation committee of the Board of Trustees for appropriateness. Any increase or adjustment to the annual compensation must be approved by the Board. The University uses comparative data from CUPA, NACUBO, and other survey and database resources to determine salary ranges and increases for officers and other key employees. Their salary must be approved by the President and documented in their permanent employee records. Form 990, Part VI, Section C, Line 19 Copies of the University's governing documents, conflict of interest policy, and financial statements are available to the public upon a formal request to the Executive Vice-President and CFO. Electronic versions of the financial statements are available on the University's website. Form 990, Part XI, Line 9 Change in Actuarial Value Annuities (20a) of <$126,296>; Change in Investment in Value of Related Entity - Dana Foundation of <$107,546>; Change in Allowance for Uncollectible Pledges of <$1,314,822>. Rounding adjustment $1 GSH Investments LLC 421 N Woodland DeLand FL 32723 352520555 Property Management FL 83282 443754 Stetson University Inc The Charles A Dana Law Center Foundation 1401 61st Street South Gulfport FL 337073299 596135559 Contributions - Stetson Univ College of Law FL 501(c)(3) Line 5 Stetson University Inc 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 The Charles A Dana Law Center Foundation c 74994 All Allocated Interest & Dividends