2017-05-15T17:14:28-05:00 2016-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2015-07-01 210650678 RIDER UNIVERSITY RIDE 6098965000 2083 LAWRENCEVILLE ROAD LAWRENCEVILLE NJ 086483099 JULIE A KARNS TREASURER AND VP FINANCE 6098965000 2017-05-15 1 GARRETT M HIGGINS P00543209 2122862600 2017-05-15 2015 2021-01-29 14:40:06Z DR GREGORY DELL'OMO 2083 LAWRENCEVILLE ROAD LAWRENCEVILLE NJ 086483099 250079794 0 X WWW.RIDER.EDU X 1865 NJ RIDER UNIVERSITY IS A PRIVATE, NOT-FOR-PROFIT INSTITUTION FOUNDED IN 1865. 28 27 3538 590 1137271 -224801 8341328 11355337 206048514 205036946 4567429 2658890 1748735 2223562 220706006 221274735 62804636 67975351 0 0 98169599 98216120 76314 68506 1793838 57965087 55970604 219015636 222230581 1690370 -955846 239156572 228244894 97779397 91433205 141377175 136811689 X SEE SCHEDULE O. 0 0 128489458 67520949 98572473 INSTRUCTION: RIDER UNIVERSITY IS AN INDEPENDENT, COMPREHENSIVE, TEACHING ORIENTED INSTITUTION OF HIGHER LEARNING. THE UNIVERSITY OFFERS FINANCIAL SUPPORT TO STUDENTS THROUGH ACADEMIC AND ATHLETIC SCHOLARSHIPS, GRANTS, AND STUDENT WORKSTUDY PROGRAMS. RIDER UNIVERSITY IS CURRENTLY ORGANIZED INTO FOUR COLLEGES - THE COLLEGE OF LIBERAL ARTS, EDUCATION, AND SCIENCES; THE COLLEGE OF BUSINESS ADMINISTRATION; THE COLLEGE OF CONTINUING STUDIES; AND THE WESTMINSTER COLLEGE OF THE ARTS. THE PRIVATE UNIVERSITY CURRENTLY SERVES APPROXIMATELY 4,100 UNDERGRADUATE STUDENTS AND 940 GRADUATE STUDENTS IN 67 UNDERGRADUATE AND 35 GRADUATE PROGRAMS. FULL-TIME FACULTY NUMBER 248, WITH 97% HOLDING A DOCTORATE OR THE HIGHEST DEGREE IN THEIR FIELD. CONTINUED ON SCHEDULE OINSTRUCTION - RIDER IS ACCREDITED BY THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS AND ALSO HOLDS SPECIALIZED ACCREDITATION WITH THESE PRESTIGIOUS EDUCATIONAL ORGANIZATIONS:- AACSB INTERNATIONAL (THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS) - RIDER IS AMONG THE SELECT BUSINESS SCHOOLS TO HAVE ATTAINED THIS DISTINCTION AND THE ONLY SCHOOL IN NEW JERSEY TO HOLD THE SPECIALIZED AACSB ACCREDITATION IN ACCOUNTING.- NCATE - ELEMENTARY AND SECONDARY EDUCATION PROGRAMS AND THEIR APPLICABLE GRADUATE PROGRAMS ON BOTH CAMPUSES ARE ACCREDITED BY THE NATIONAL COUNCIL FOR THE ACCREDITATION OF TEACHER EDUCATION. - NASM - THE UNDERGRADUATE AND GRADUATE MUSIC PROGRAMS OF WESTMINSTER CHOIR COLLEGE ARE ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC. - CACREP - RIDER'S GRADUATE PROGRAM IN COUNSELING SERVICES IN THE SCHOOL OF EDUCATION HOLDS NATIONAL ACCREDITATION FROM THE COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATION PROGRAMS. - NASP - THE SCHOOL PSYCHOLOGY PROGRAM IN THE SCHOOL OF EDUCATION IS ACCREDITED BY THE NATIONAL ACCREDITATION OF SCHOOL PSYCHOLOGISTS.- AMERICAN CHEMICAL SOCIETY - RIDER'S CHEMISTRY PROGRAM IS ACCREDITED BY THE AMERICAN CHEMICAL SOCIETY. 25653538 41474207 STUDENT SERVICES: RIDER UNIVERSITY PROVIDES THESE SERVICES TO THE ENTIRE STUDENT COMMUNITY IN AN EFFORT TO DEVELOP THE INTELLECTUAL AND SOCIAL TALENTS OF ITS STUDENTS. THESE SERVICES INCLUDE: ADMISSIONS, ATHLETICS, GREEK LIFE, CAREER SERVICES, COUNSELING CENTER, HEALTH SERVICES, FINANCIAL AID, AND RECREATION PROGRAMS. 23151975 350828 37804840 AUXILIARY ENTERPRISES: PRIMARY ROOM AND BOARD. RIDER UNIVERSITY HAS A LAWRENCEVILLE CAMPUS AND A PRINCETON CAMPUS. THE LAWRENCEVILLE CAMPUS HOUSES APPROXIMATELY 2,050 STUDENTS IN THIRTEEN RESIDENCE HALLS AND SIX GREEK HOUSES. THE LAWRENCEVILLE CAMPUS OFFERS FACILITIES FOR DINING AND SNACKING FOR STUDENTS, FACULTY, STAFF AND GUESTS AT DALY'S DINING HALL, CRANBERRY'S, STARBUCKS, ANDREW J'S AND SWEIGART EXPRESS.THE PRINCETON CAMPUS HOUSES APPROXIMATELY 200 STUDENTS IN THREE RESIDENCE HALLS. THE PRINCETON CAMPUS OFFERS THE DINING COMMONS AND THE WCC PUB FOR MEALS AND SNACKS FOR STUDENTS, FACULTY, STAFF AND GUESTS. 16815646 103574 27185426 ACADEMIC SUPPORT (EXPENSES $15,259,956 INCLUDING GRANTS $0) (REVENUE $24,672,809) - GENERAL SUPPORT TO THE STUDENTS. THESE INCLUDE ACADEMIC INFORMATION TECHNOLOGY, DEAN'S OFFICES, LIBRARIES, THEATER, ART GALLERY, TV STUDIO, AND OTHER SIMILAR ACADEMIC ACTIVITIES.RESEARCH (EXPENSES $1,555,690 INCLUDING GRANTS $103,574) (REVENUE $2,512,617) - RESEARCH PERFORMED BY FACULTY AND STUDENTS. 16815646 103574 27185426 194110617 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 358 0 3538 1 1 1 0 0 0 0 1 1 0 0 0 0 X 28 27 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CO KY MD MA MI NH NY OH OK OR SC WA X X JENNIFER POTTER 6098965009 2083 LAWRENCEVILLE RD LAWRENCEVILLE NJ 086483099 MICHAEL B KENNEDY CHAIR/ADJUNCT LECTURER 10.00 X X 10510 0 138 ERNESTINE LAZENBY GAST VICE CHAIR 1.00 X X 0 0 0 CHRISTOPHER NIKOLICH SECRETARY 1.00 X X 0 0 0 RALPH J ANDERSON TRUSTEE 1.00 X 0 0 0 ALBERTO BAPTISTE TRUSTEE 1.00 X 0 0 0 LOUISE HALL BEARD TRUSTEE 1.00 X 0 0 0 F CHRISTOPHER CAROTHERS TRUSTEE 1.00 X 0 0 0 ROBERT CHRISTIE TRUSTEE 1.00 X 0 0 0 JEFFREY CORNELIUS TRUSTEE 1.00 X 0 0 0 E BRUCE DIDONATO TRUSTEE 1.00 X 0 0 0 JAIMIE FLACK TRUSTEE 1.00 X 0 0 0 MOLLY O'NEIL FRANK TRUSTEE 1.00 X 0 0 0 JOHN GUARINO TRUSTEE 1.00 X 0 0 0 MICHAEL J HENNESSY TRUSTEE 1.00 X 0 0 0 THOMAS MARINO TRUSTEE 1.00 X 0 0 0 TERRY MCEWEN TRUSTEE 1.00 X 0 0 0 DONALD MONKS TRUSTEE 1.00 X 0 0 0 ELI MORDECHAI TRUSTEE 1.00 X 0 0 0 THOMAS M MULHARE TRUSTEE 1.00 X 0 0 0 LEWIS PEPPERMAN TRUSTEE 1.00 X 0 0 0 DENISE PETITTA TRUSTEE 1.00 X 0 0 0 GARY PRUDEN TRUSTEE UNTIL JAN. 2016 1.00 X 0 0 0 CARL REICHEL TRUSTEE UNTIL OCT. 2015 1.00 X 0 0 0 WILLIAM M RUE TRUSTEE 1.00 X 0 0 0 MIKA RYAN TRUSTEE 1.00 X 0 0 0 ROBERT SCHIMEK TRUSTEE 1.00 X 0 0 0 COLLEEN SHAPIRO TRUSTEE 1.00 X 0 0 0 GARY SHAPIRO TRUSTEE 1.00 X 0 0 0 ARTHUR J STAINMAN TRUSTEE 1.00 X 0 0 0 ALAN WEXLER TRUSTEE 1.00 X 0 0 0 MORDECHAI ROZANSKI PRESIDENT - RETIRED JULY 31, 2015 50.00 X 789391 0 42786 GREGORY G DELL'OMO PRESIDENT AS OF AUG. 1, 2015 50.00 X 199793 0 32315 JULIE A KARNS VP FINANCE & TREASURER 50.00 X 276429 0 72576 DONNAJEAN A FREDEEN PROVOST/VP ACADEMIC AFFAIR 50.00 X 244624 0 75770 JONATHAN MEER VP UNIVERSITY ADVANCEMENT 50.00 X 225903 0 36735 JAMES P O'HARA VP ENROLLMENT MANAGEMENT 50.00 X 222982 0 24908 PATRICIA MOSTO DEAN COLLEGE LIBERAL ARTS 37.50 X 189016 0 21381 ANTHONY CAMPBELL AVP STUDENT AFFAIRS/DEAN O 37.50 X 161931 0 41753 JENNIFER M POTTER AVP FINANCE & CONTROLLER 37.50 X 154876 0 33262 MICHAEL F RECA AVP FACILITIES/AUXILIARY S 37.50 X 151371 0 79908 MARGARET O'REILLY-ALLEN CHAIR, ACCOUNTING 37.50 X 185152 0 26093 CYNTHIA NEWMAN ASSOCIATE PROFESSOR, MARKETING 37.50 X 181275 0 23584 KEVIN BAGGETT BASKETBALL COACH 37.50 X 181183 0 29912 JAMES RIGGS PROFESSOR BIOLOGY 37.50 X 180075 0 53998 LARRY M NEWMAN ASS PROFESSOR MARKETING/ADVERTISING 37.50 X 174916 0 27899 3529427 0 623018 246 0 1 0 ELLUCIAN COMPANY LP 151 SOUTHHALL LANE MAITLAND FL 32751 INFORMATION TECHNOLOGY 1267840 UNIVERSITY ATHLETIC MANAGEMENT 385 OXFORD VALLEY ROAD YARDLEY PA 19067 MGMT FEE FOR SRC 418255 L&L CONSTRUCTION LLC 5 HOLDER DRIVE EWING NJ 08628 CONSTRUCTION 318654 BRIAN'S TREE SERVICE 174 LINDBERGH ROAD HOPEWELL NJ 08543 LANDSCAPING SERVICES 221495 KUKOVICH AND ASSOCIATES 800 PERRY HWY SUITE 1 PITTSBURGH PA 15229 MARKET RESEARCH 218739 10 56940 184872 4198697 6914828 1426410 11355337 TUITION AND FEES 611310 165787423 165787423 ROOM AND BOARD 611310 30595649 30595649 STUDY TOURS 611310 4528020 4528020 OTHER PROGRAM SERVICE REVENUE 611310 4125854 4125854 205036946 1458921 -34329 1493250 67055 67055 557873 84949 0 0 557873 84949 642822 84949 557873 29831523 28631554 1199969 1199969 12188 1187781 128660 184872 173505 -44845 -44845 BUSINESS CONF CENTER 721000 1476003 1059110 416893 FITNESS CENTER 713940 47978 15353 32625 VENDING MACHINE COMMISSION 722210 34549 34549 1558530 221274735 205036946 1137271 3745181 103574 103574 67871777 67871777 3076288 938570 1689400 448318 73317214 64487790 8398269 431155 3542778 2982786 536218 23774 12090589 6562789 5450001 77799 6189251 5131703 996667 60881 356979 356979 258119 258119 144550 144550 8171 8171 68506 68506 267084 267084 4042398 1880116 2162282 1245650 683433 516128 46089 4224216 3171473 931731 121012 5647037 4211765 1285625 149647 9809176 9710886 97544 746 6084805 5765836 294124 24845 258119 126663 131456 1844145 1833694 10451 10410258 10085458 324800 1070425 136887 933538 FOOD SERVICE 6145498 6145498 BOOKS, PERIODICALS, SUB 1003991 993588 7607 2796 DUES AND MEMBERSHIPS 540339 236007 304332 BAD DEBT 388426 388426 2221218 693345 1189603 338270 222230581 194110617 26326126 1793838 26488 25287 36984137 28951226 5655260 6643949 4294845 4484281 5148057 4956215 2505857 2256624 258918319 136965197 125683606 121953122 29801493 30862849 27084874 26424461 1971955 1686880 239156572 228244894 21254612 21672755 10065206 9149741 48857541 44604358 160948 98813 1430676 1265857 16010414 14641681 97779397 91433205 X 75910613 76356112 26539489 18983454 38927073 41472123 141377175 136811689 239156572 228244894 X -955846 -3716888 107248 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 8171 8171 0 PART II-B, LINE 1: PART II-B, LINE 1(I) - OTHER LOBBYING ACTIVITIES: THE UNIVERSITY PAYS ANNUAL ASSOCIATION DUES TO THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IN NEW JERSEY (AICUNJ), TO THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU), AND TO THE INDEPENDENT COLLEGE FUND OF NEW JERSEY (ICFNJ). AMONG OTHER SERVICES, THESE ASSOCIATIONS LOBBY ON BEHALF OF SECTOR NEEDS. 0 1 X 56381872 2605904 -1455717 2065856 451562 55014641 66010968 1169330 -58850 1641425 9098151 56381872 56355808 3602610 8103084 1350429 700105 66010968 51495786 1609468 5130460 1154732 725174 56355808 54217784 393521 -1173168 1251792 690559 51495786 0.10930 0.89070 0.00000 0 0 3330000 253359 3583359 185615044 94582982 91032062 21599616 10477058 11122558 48120300 31905157 16215143 121953122 ALTERNATIVES: PRIVATE EQUITY 4380216 F ALTERNATIVES: DOMESTIC EQUITY 1933561 F ALTERNATIVES: INTERNATIONAL EQUITY 5297150 F ALTERNATIVES: FIXED INCOME 2392479 F ALTERNATIVES: PRIVATE REAL ASSETS 2647966 F ALTERNATIVES: INFLATION HEDGING 907008 F ALTERNATIVES: FLEXIBLE CAPITAL 8105047 F OTHER ALTERNATIVES 761034 F 26424461 US GOVERNMENT GRANTS REFUNDABLE 4076077 ASSET RETIREMENT OBLIGATION 4797472 EMPLOYEE AND RETIREE MEDICAL SELF-INSURED LIABILITY 3276852 STUDENT DEPOSITS AND CREDIT BALANCES 978041 ANNUITIES PAYABLE 812021 BUSINESS CONFERENCE DEPOSITS 195094 UNCLAIMED CHECKS 90849 CAPITAL LEASE 211344 NEW JERSEY SALES TAX PAYABLE 13924 PNC LINE OF CREDIT 154267 OTHER LIABILITIES 35740 14641681 X 149625761 -3716888 206775 -3510113 153135874 267084 67871777 68138861 221274735 154191247 99527 99527 154091720 267084 67871777 68138861 222230581 PART IV, LINE 2B: THE UNIVERSITY IS A CUSTODIAN OF SEVERAL AGENCY ACCOUNTS TOTALING $98,813. THE AGENCY ACCOUNTS PRIMARILY RELATE TO STUDENT ORGANIZATIONS FOR WHICH THE UNIVERSITY HOLDS THE FUNDS FOR EACH ORGANIZATION UNTIL SUCH TIME AS A CHECK REQUEST IS SUBMITTED BY THE ORGANIZATION FOR REIMBURSEMENT. THIS AMOUNT IS RECORDED AS A LIABILITY ON THE UNIVERSITY'S BALANCE SHEET. PART V, LINE 4: THE ENDOWMENT SPENDING POLICY SUPPORTS SCHOLARSHIPS, GRANTS, FACILITIES, AND PROGRAMS, IN ACCORDANCE WITH THE UNIVERSITY'S MISSION AND DONOR'S RESTRICTIONS. PART X, LINE 2: THE UNIVERSITY IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND THEREFORE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. THE UNIVERSITY RECOGNIZES THE EFFECTS OF INCOME TAX PROVISIONS ONLY IF THOSE PROVISIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. NO PROVISION FOR INCOME TAXES WAS REQUIRED IN 2016 AND 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PENSION 206,775. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE - TUITION AND FEES 67,520,949. SCHOLARSHIP ALLOWANCE - AUXILIARIES 350,828. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 89,987. WRITE-OFF OF CONTRIBUTION RECEIVABLE 9,540. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE - TUITION AND FEES 67,520,949. SCHOLARSHIP ALLOWANCE - AUXILIARIES 350,828. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A GENERAL STATEMENT OF NON-DISCRIMINATION IS INCLUDED IN ALL ADVERTISEMENTS, IN NEWSPAPERS OF GENERAL CIRCULATION, AND OTHER PRINTED MEDIA RELATING TO THE RECRUITMENT OF STUDENTS AND EMPLOYEES. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED THE FOLLOWING FEDERAL AND STATE OF NEW JERSEY STUDENT FINANCIAL ASSISTANCE: FEDERAL: FEDERAL DIRECT STUDENT LOAN PROGRAM $37,201,137 FEDERAL PELL GRANT PROGRAM $5,237,559 FEDERAL PERKINS LOAN PROGRAM $7,112,361 FEDERAL WORK-STUDY $492,191 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT $335,438 FEDERAL STUDENT SUPPORT SERVICES $40,371 TOTAL FEDERAL STUDENT FINANCIAL ASSISTANCE $50,419,057 STATE OF NEW JERSEY: N.J. - TUITION AID GRANT $7,802,810 N.J. - GOVERNOR'S URBAN SCHOLARS $9,500 N.J. - STARS II $48,750 N.J. - EDUCATIONAL OPPORTUNITY FUND $611,667 TOTAL STATE OF NEW JERSEY STUDENT FINANCIAL ASISTANCE $8,472,727 TOTAL STUDENT FINANCIAL ASSISTANCE $58,891,784 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 8267072 NORTH AMERICA 0 0 INVESTMENTS 572117 0 0 0 0 0 0 8839189 0 8839189 1 0 1 1 1 0 PART I, LINE 3: INVESTMENTS ARE REVIEWED BY THE INVESTMENT SUBCOMMITTEE OF THE BUSINESS AFFAIRS COMMITTEE OF THE BOARD OF TRUSTEES, AS WELL AS BY RIDER'S INVESTMENT MANAGER. SCHEDULE F, PART IV, LINE 1, LINE 3, LINE 4 AND LINE 5 THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 AND FORM 8621 BECAUSE IT DOES NOT MEET THE APPLICABLE FILING THRESHOLD REQUIREMENT AND/OR OWNERSHIP REQUIREMENT. X X X X X X X 1 WILSON-BENNETT TECHNOLOGY INC 140 PROFESSIONAL DRIVE SUITE 2 CABOT AR 720238675 CONSULTS ON PHONATHON PROGRAM 0 250767 68506 182261 250767 68506 182261 AL AK AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MO MS OH ND NC NY NM NJ NH PA OR OK VA UT TN SC RI WI WV WA RACQUET AND TENNIS 79060 55300 23760 28972 4927 READINGS/CAROLS 65547 43037 22510 16390 22244 8 168925 86535 82390 12975 8356 68131 11510 313532 184872 128660 12975 8356 113493 38681 173505 -44845 1 RUTGERS THE STATE UNIVERSITY OF NEW JERSEY-RBHS-RWJMS 3 RUTGERS PLAZA ASB III FL 2 OFFICE OF RSP NEW BRUNSWICK NJ 08901 462354111 STATE OF NJ 25305 RESEARCH PRINCETON UNIVERSITY 701 CARNEGIE CENTER SUITE 446 PRINCETON NJ 08540 210634501 501(C)(3) 78269 RESEARCH 2 0 FEDERAL AMERICORPS EDUCATION AWARDS 23 28052 FEDERAL BUILDING TEACHER LEASERSHIP CAPACITY 21 43725 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT 641 335438 FEDERAL STUDENT SUPPORT SERVICES PROGRAM 30 40371 N.J. - EDUCATIONAL OPPORTUNITY FUND 146 662494 RESTRICTED AID USED FOR SCHOLARSHIPS 646 5963254 RIDER UNIVERSITY ATHLETIC, MERIT AND NEED-BASED FINANCIAL AID 3786 60798443 PART I, LINE 2: THE UNIVERSITY HAS ESTABLISHED POLICIES, PROCEDURES, AND CONTROLS OVER THE AWARDING, DISBURSING, AND MONITORING OF STUDENT FINANCIAL AID OR ASSISTANCE TO INDIVIDUAL STUDENTS IN COMPLIANCE WITH FEDERAL AND STATE OF NEW JERSEY REGULATIONS AND REQUIREMENTS. IN ADDITION, THE UNIVERSITY HAS AN EXTERNAL AUDIT PERFORMED IN ACCORDANCE WITH TITLE 2 U.S. CODE OF FEDERAL REGULATIONS PART 200 (UNIFORM GUIDANCE) AND NEW JERSEY OFFICE OF MANAGEMENT AND BUDGET CIRCULAR 15-08. THE UNIVERSITY HAS PROCEDURES AND CONTROLS IN PLACE OVER THE AWARDING, DISBURSING, AND MONITORING OF SUBAWARDS MADE TO ORGANIZATIONS. THESE INCLUDE REVIEWING THE ANNUAL FINANCIAL STATEMENT AND SINGLE AUDIT REPORTS OF THE ORGANIZATION AND REVIEWING ALL SUPPORTING DOCUMENTATION INCLUDING INVOICES RECEIVED BY THE ORGANIZATION. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 MORDECHAI ROZANSKI PRESIDENT - RETIRED JULY 31, 2015 251895 0 12500 0 524996 0 21631 0 21155 0 832177 0 456784 0 GREGORY G DELL'OMO PRESIDENT AS OF AUG. 1, 2015 194934 0 0 0 4859 0 7916 0 24399 0 232108 0 0 0 JULIE A KARNS VP FINANCE & TREASURER 268407 0 0 0 8022 0 18043 0 54533 0 349005 0 0 0 DONNAJEAN A FREDEEN PROVOST/VP ACADEMIC AFFAIR 219615 0 25009 0 0 0 15237 0 60533 0 320394 0 0 0 JONATHAN MEER VP UNIVERSITY ADVANCEMENT 218953 0 0 0 6950 0 14706 0 22029 0 262638 0 0 0 JAMES P O'HARA VP ENROLLMENT MANAGEMENT 221182 0 0 0 1800 0 14782 0 10126 0 247890 0 0 0 PATRICIA MOSTO DEAN COLLEGE LIBERAL ARTS 189016 0 0 0 0 0 11646 0 9735 0 210397 0 0 0 ANTHONY CAMPBELL AVP STUDENT AFFAIRS/DEAN O 159831 0 0 0 2100 0 10259 0 31494 0 203684 0 0 0 JENNIFER M POTTER AVP FINANCE & CONTROLLER 154876 0 0 0 0 0 11064 0 22198 0 188138 0 0 0 MICHAEL F RECA AVP FACILITIES/AUXILIARY S 150671 0 0 0 700 0 9936 0 69972 0 231279 0 0 0 MARGARET O'REILLY-ALLEN CHAIR, ACCOUNTING 185152 0 0 0 0 0 10247 0 15846 0 211245 0 0 0 CYNTHIA NEWMAN ASSOCIATE PROFESSOR, MARKETING 181275 0 0 0 0 0 9594 0 13990 0 204859 0 0 0 KEVIN BAGGETT BASKETBALL COACH 179708 0 0 0 1475 0 15738 0 14174 0 211095 0 0 0 JAMES RIGGS PROFESSOR BIOLOGY 180075 0 0 0 0 0 10814 0 43184 0 234073 0 0 0 LARRY M NEWMAN ASS PROFESSOR MARKETING/ADVERTISING 174916 0 0 0 0 0 13898 0 14001 0 202815 0 0 0 FORM 990, SCHEDULE J PART I, LINE 1A; PART II, COLUMN (D): RIDER UNIVERSITY HAS PAID $9,415 IN SOCIAL CLUB MEMBERSHIP DUES FOR UNIVERSITY BUSINESS PURPOSES ON BEHALF OF JONATHAN MEER. THIS AMOUNT IS NONTAXABLE TO THE RECIPIENT. PART I, LINE 1A; PART II, COLUMN (D): THE NONTAXABLE BENEFITS AMOUNT OF $24,399 OF PRESIDENT GREGORY G. DELL'OMO INCLUDES THE MARKET VALUE OF THE UNIVERSITY RESIDENCE PROVIDED TO THE PRESIDENT. THE MARKET VALUE OF THE UNIVERSITY RESIDENCE IS APPROXIMATELY 50% OF NONTAXABLE BENEFITS. THE PRESIDENT OF THE UNIVERSITY IS REQUIRED TO ACCEPT LODGING AND LIVE ADJACENT TO THE LAWRENCEVILLE CAMPUS AS A CONDITION OF HIS EMPLOYMENT. PART I, LINE 1A; PART II, COLUMN (D): RIDER UNIVERSITY HAS PAID $7,061 IN SOCIAL CLUB MEMBERSHIP DUES FOR UNIVERITY BUSINESS PURPOSES ON BEHALF OF PRESIDENT GREGORY G. DELL'OMO. THIS AMOUNT IS NONTAXABLE TO THE RECIPIENT. PART I, LINE 1A; PART II, COLUMN (D): THE NONTAXABLE BENEFITS AMOUNT OF $31,494 OF ANTHONY CAMPBELL INCLUDES THE MARKET VALUE OF THE UNIVERSITY RESIDENCE PROVIDED TO THE ASSOCIATE VP STUDENT AFFAIRS/DEAN OF STUDENTS. THE MARKET VALUE OF THE UNIVERSITY RESIDENCE IS APPROXIMATELY 91% OF NONTAXABLE BENEFITS. THE ASSOCIATE VP OF STUDENT AFFAIRS/DEAN OF STUDENTS OF THE UNIVERSITY IS REQUIRED TO ACCEPT LODGING AND LIVE ADJACENT TO THE LAWRENCEVILLE CAMPUS AS A CONDITION OF HIS EMPLOYMENT. PART I, LINE 4B; PART II, COLUMN (B)(III): PRESIDENT MORDECHAI ROZANSKI PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN (457(F) PLAN). OTHER REPORTABLE COMPENSATION OF $524,996 INCLUDED A 457(F) DISTRIBUTION UPON HIS RETIREMENT (7/31/2015) OF $441,418. PART II, COLUMN F:THE AMOUNT OF $456,784 FOR PRESIDENT MORDECHAI ROZANSKI REPRESENTS DEFERRED COMPENSATION AWARDS. THE AWARDS WERE PREVIOUSLY REPORTED ON FORM 990S AS DEFERRED INCENTIVE COMPENSATION NOT TAXABLE IN THE YEAR AWARDED. PART II, COLUMN (D): APPROXIMATELY 83% OF JULIE A. KARNS' NONTAXABLE BENEFITS AMOUNT OF $54,533 REPRESENTS TUITION REMISSION. PART II, COLUMN (D): APPROXIMATELY 64% OF DONNAJEAN A. FREDEEN'S NONTAXABLE BENEFITS AMOUNT OF $60,533 REPRESENTS TUITION REMISSION. PART II, COLUMN (D): APPROXIMATELY 97% OF MICHAEL F. RECA'S NONTAXABLE BENEFITS AMOUNT OF $69,972 REPRESENTS TUITION REMISSION. PART II, COLUMN (D): APPROXIMATELY 68% OF JAMES RIGGS' NONTAXABLE BENEFITS AMOUNT OF $43,184 REPRESENTS TUITION REMISSION. PART II, COLUMN (D): NONTAXABLE BENEFITS, EXCLUSIVE OF THE ITEMS NOTED ABOVE, REPRESENT THE VALUE OF HEALTH CARE BENEFITS WHICH VARY BY INDIVIDUAL BENEFIT ELECTIONS. A NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 64605NBU7 2003-10-09 5523846 FIRE SUPPRESSION SYSTEM INSTALLATION 0 0 1 B NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 64605LZ43 2006-10-26 12036146 ADVANCE REFUND PRIOR POOLED FINANCINGS 0 0 1 C NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 6460652M3 2012-04-04 55203833 CAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILTIES AND REFUNDING OF PRIOR BONDS 0 0 0 D NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 646066DG2 2014-04-29 200975862 ADVANCE REFUND PRIOR POOLED FINANCING 0 0 1 A 184894 1525353 1525353 2004 0 0 1 1 B 24728 1482186 1482186 0 1 1 1 C 10985000 55305596 570340 10037181 44698075 2015 1 1 0 1 D 13157 176230 176230 0 1 1 1 A 0 1 0 0 0.00100 0.02100 0.02200 0 0 1 B 0 1 1 1 0 0.59600 0.00000 0.59600 0 0 1 C 0 1 1 1 0 0.00700 0.01600 0.02300 0 0 1 D 0 1 1 1 0 0.59600 0.00000 0.59600 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 1 1 0 0 0 0 1 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K, PART I, BOND ISSUES: ENTITY 1, BOND A (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: FIRE SUPPRESSION SYSTEM INSTALLATION ENTITY 1, BOND B (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: ADVANCE REFUND PRIOR POOLED FINANCINGS ENTITY 1, BOND C (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: CAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILTIES AND REFUNDING OF PRIOR BONDS ENTITY 1, BOND D (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: ADVANCE REFUND PRIOR POOLED FINANCINGS ENTITY 2, BOND A (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: REFUND PRIOR POOLED FINANCINGS FORM 990, SCHEDULE K ENTITY 1: BOND B, PART I (F): BONDS REFUNDED BY THE SERIES 2006 HECIF: SERIES 2000A (ISSUED 07/31/00), SERIES 2000B (ISSUED 12/20/00), SERIES 2002A (ISSUED 11/21/02), AND SERIES 2004A (ISSUED 04/14/04). BOND C, PART I (F): BONDS REFUNDED BY SERIES 2012A: SERIES 2007C (ISSUED 6/21/07), SERIES 2004A (ISSUED 6/17/04), SERIES 2002A (ISSUED 04/03/02). BOND D, PART I (F): THE BONDS REFUND THE BORROWER'S HECIF SERIES 2004A (ISSUED 04/14/2014). BOND A, B, D, AMOUNTS IN PART II REFLECT ONLY THE AMOUNT RECEIVED BY RIDER UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS. BOND B, PART II, LINE 1: AMOUNT SHOWN REPRESENTS THE BONDS RETIRED THAT ARE ALLOCABLE TO THE BORROWER'S PORTION OF DEBT SERVICE RESPONSIBILITY. BOND D, PART II, LINE 2: AMOUNT SHOWN REPRESENTS THE BONDS DEFEASED THAT ARE ALLOCABLE TO THE BORROWER'S PORTION OF THE TOTAL POOLED ISSUE. BOND C, PART II, LINE 3: AMOUNT LISTED DIFFERS FROM THE ISSUE PRICE LISTED IN PART I, (E) DUE TO INVESTMENT EARNINGS ACCRUED. BOND B, PART III, LINE 4: THE AMOUNT LISTED ONLY INCLUDES THE PRIVATE USE PERCENTAGE APPLICABLE TO THE BORROWER'S PORTION OF THE REFUNDED SERIES 2004A. ALL OTHER BONDS REFUNDED BY THE SERIES 2006 HECIF WERE ISSUED PRIOR TO JANUARY 1, 2003 AND HAVE THEREFORE BEEN EXCLUDED FROM PART III OF THIS SCHEDULE. BOND A, C, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. BOND B, PART III, LINE 7: ALTHOUGH THE PRIVATE USE PERCENTAGE WITH RESPECT TO THE BORROWER'S PORTION OF THE BONDS THAT REFUND BONDS ISSUED AFTER DECEMBER 31, 2002 EXCEEDS 5%, THE BORROWER'S PORTION OF THE BONDS THAT REFUND BONDS ISSUED AFTER DECEMBER 31, 2002 REPRESENTS LESS THAN 5% OF THE BONDS. ACCORDINGLY, ANY PRIVATE PAYMENTS WITH RESPECT TO SUCH PORTION WOULD NOT EXCEED 5% OF THE BONDS. BOND D, PART III, LINE 7: ALTHOUGH THE PRIVATE USE PERCENTAGE WITH RESPECT TO THE BORROWER'S PORTION OF THE BONDS EXCEEDS 5%, THE BORROWER'S PORTION OF THE BONDS REPRESENTS LESS THAN 5% OF THE BONDS. ACCORDINGLY, ANY PRIVATE PAYMENTS WITH RESPECT TO THE BORROWER'S PORTION OF THE BONDS SHOULD NOT EXCEED 5% OF THE BONDS. BOND C, PART IV, LINE 2(B): THE PORTION OF THE SERIES 2012A BOND PROCEEDS USED FOR CURRENT REFUNDING MET THE 6-MONTH SPENDING EXCEPTION. BOND A, PART IV, LINE 2(C): THE REBATE COMPUTATION WAS PERFORMED AS OF JUNE 30, 2009. ALL BOND PROCEEDS WERE SPENT AS OF THIS COMPUTATION DATE. BOND B, PART IV, LINE 2(C): THE REBATE COMPUTATION WAS PERFORMED AS OF SEPTEMBER 1, 2014. ENTITY 2: BOND A, PART I(F): BONDS REFUNDED BY THE SERIES 2005 HECIF: SERIES 2002A (ISSUED 11/21/02). BOND A, PART II, LINE 1: AMOUNT SHOWN REPRESENTS THE BONDS RETIRED THAT ARE ALLOCABLE TO THE BORROWER'S PORTION OF DEBT SERVICE RESPONSIBILITY. BOND A, PART II, LINES 3 AND 6: THE AMOUNT REFLECTS ONLY THE AMOUNT RECEIVED BY RIDER UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS. BOND A, PART IV, LINE 2(C): THE REBATE COMPUTATION WAS PERFORMED AS OF JUNE 30, 2010. A NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 64605LWX2 2005-08-10 16420869 REFUND PRIOR POOLED FINANCINGS 0 0 1 A 287682 1648393 380308 1268085 0 1 1 1 A 0 0 0 1 0 0 0 1 1 A 1 X 17 1426410 MEAN PRICE-GIFT DATE 0 0 1 0 PART I, COLUMN (B): RIDER UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTORS WHO MADE STOCK DONATIONS DURING THE FISCAL YEAR. 990, PART III, LINE 1 - CONTINUED RIDER'S VISION RIDER UNIVERSITY WILL BE A LEADER IN AMERICAN HIGHER EDUCATION CELEBRATED FOR EDUCATING TALENTED STUDENTS FOR CITIZENSHIP, LIFE AND CAREER SUCCESS IN A DIVERSE AND INTERDEPENDENT WORLD. RIDER WILL ACHIEVE DISTINCTIVENESS BY FOCUSING ON STUDENTS FIRST, BY CULTIVATING LEADERSHIP SKILLS, BY AFFIRMING TEACHING AND LEARNING THAT BRIDGE THE THEORETICAL AND THE PRACTICAL, AND BY FOSTERING A CULTURE OF ACADEMIC EXCELLENCE. RIDER'S MISSION RIDER ATTRACTS AND GRADUATES TALENTED AND MOTIVATED STUDENTS WITH DIVERSE BACKGROUNDS FROM ACROSS THE NATION AND AROUND THE WORLD, AND PUTS THEM AT THE CENTER OF OUR LEARNING AND LIVING COMMUNITY. AS A LEARNER-CENTERED UNIVERSITY DEDICATED TO THE EDUCATION OF THE WHOLE STUDENT, RIDER PROVIDES STUDENTS THE INTELLECTUAL RESOURCES AND BREADTH OF STUDENT LIFE OPPORTUNITIES OF A COMPREHENSIVE UNIVERSITY WITH THE PERSONAL ATTENTION AND CLOSE STUDENT-FACULTY INTERACTIONS OF A LIBERAL ARTS COLLEGE. THROUGH A COMMITMENT TO HIGH QUALITY TEACHING, SCHOLARSHIP AND EXPERIENTIAL OPPORTUNITIES, FACULTY ON BOTH CAMPUSES PROVIDE UNDERGRADUATE AND GRADUATE STUDENTS RIGOROUS AND RELEVANT PROGRAMS OF STUDY TO EXPAND THEIR INTELLECTUAL, CULTURAL AND PERSONAL HORIZONS AND DEVELOP THEIR LEADERSHIP SKILLS. OUR HIGHLY REGARDED PROGRAMS IN THE ARTS, SOCIAL SCIENCES, SCIENCES, MUSIC, BUSINESS AND EDUCATION CHALLENGE STUDENTS TO BECOME ACTIVE LEARNERS WHO CAN ACQUIRE, INTERPRET, COMMUNICATE AND APPLY KNOWLEDGE WITHIN AND ACROSS DISCIPLINES TO FOSTER THE INTEGRATIVE THINKING REQUIRED IN A COMPLEX AND RAPIDLY CHANGING WORLD. RIDER ATTRACTS HIGHLY QUALIFIED FACULTY, STAFF AND ADMINISTRATION WITH DIVERSE BACKGROUNDS WHO CREATE AN ENVIRONMENT THAT INSPIRES INTELLECTUAL AND SOCIAL ENGAGEMENT, STIMULATES INNOVATION AND SERVICE, AND ENCOURAGES PERSONAL AND PROFESSIONAL DEVELOPMENT. AS KEY MEMBERS OF OUR UNIVERSITY COMMUNITY, IT IS THEIR COMMITMENT TO OUR VALUES, VISION AND MISSION THAT WILL ENSURE RIDER'S SUCCESS. THE UNIVERSITY'S INSTITUTIONAL IDENTITY WILL CONTINUE TO REFLECT THE STRENGTHS OF ITS PEOPLE, HISTORY, LOCATION AND SHARED VALUES, AMONG WHICH ARE A COMMITMENT TO DIVERSITY, SOCIAL AND ETHICAL RESPONSIBILITY, AND COMMUNITY. THE SUCCESS OF OUR GRADUATES WILL BE DEMONSTRATED BY THEIR PERSONAL AND CAREER ACHIEVEMENTS AND BY THEIR CONTRIBUTIONS TO THE CULTURAL, SOCIAL AND ECONOMIC LIFE OF THEIR COMMUNITIES, THE NATION AND THE WORLD. FORM 990, PART VI, SECTION A, LINE 2 COLLEEN AND GARY SHAPIRO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE BOARD OF TRUSTEES REVISED THE BY-LAWS OF THE UNIVERSITY AT THE JUNE 2016 MEETING TO ESTABLISH THE GOVERNANCE COMMITTEE AND TO EXPAND AND/OR REVISE COMMITTEE RESPONSIBILITIES. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT AND ENTERPRISE RISK COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES PERFORMED A REVIEW OF THE FORM 990 AND ALL APPLICABLE SCHEDULES PRIOR TO SUBMISSION AS PART OF AN AUDIT AND ENTERPRISE RISK COMMITTEE MEETING. IN ADDITION, THE FORM 990 AND ALL APPLICABLE SCHEDULES WERE POSTED ON THE UNIVERSITY'S INTRANET FOR THE ENTIRE BOARD OF TRUSTEES TO REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY, AND AN ANNUAL COMPLIANCE REVIEW PROCESS WHICH INCLUDES: - SOLICIT FEEDBACK FROM DIVISION HEADS ON PROPOSED STAFF IN THEIR UNITS WHO SHOULD PARTICIPATE IN THE ANNUAL REPORTING AND REVIEW PROCESS. ANY INDIVIDUAL WHO IS CONSIDERED TO HAVE SIGNIFICANT RESPONSIBILITY FOR INSTITUTIONAL OPERATIONS OR PURCHASING IS INCLUDED. THE POLICY REQUIRES THAT PERSONS INVOLVED IN DECISION MAKING DISCLOSE FINANCIAL OR OTHER INTERESTS-EITHER CURRENT OR PROPOSED- THAT IMPAIR OR MAY APPEAR TO IMPAIR THEIR INDEPENDENT, UNBIASED JUDGEMENT. - DISTRIBUTE THE CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE FOR DISCLOSURE OF POTENTIAL CONFLICTS OF INTEREST TO ALL INDIVIDUALS SO IDENTIFIED. IN 2016, 136 INDIVIDUALS (OFFICERS, TRUSTEES, COACHES, AND ADMINISTRATORS) RECEIVED AND COMPLETED THE CONFLICT QUESTIONNAIRE. - REVIEW OF ALL CONFLICT QUESTIONNAIRE RESPONSES BY THE UNIVERSITY BOARD OF TRUSTEES' HUMAN RESOURCES COMMITTEE, WHICH SERVES AS THE CONFLICT COMMITTEE UNDER THE UNIVERSITY'S BYLAWS. THE HUMAN RESOURCES COMMITTEE REPORTS ITS FINDINGS TO THE BOARD OF TRUSTEES, WHICH IS RESPONSIBLE FOR ACTING ON THE COMMITTEE'S FINDINGS - IN PARTICULAR ON ANY CONFLICT THAT MIGHT BE IDENTIFIED. BY POLICY, ANY PROPOSED BUSINESS RELATIONSHIP BETWEEN A TRUSTEE OR THEIR RELATED ENTITY MUST BE EVALUATED AND ACTED ON PRIOR TO ITS POTENTIAL IMPLEMENTATION. NO SUCH RELATIONSHIP CURRENTLY EXISTS. - ANY BOARD MEMBER WITH A CONFLICT WILL RECUSE HIMSELF/HERSELF FROM ANY VOTES REGARDING THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE SENIOR COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES ENGAGES AN INDEPENDENT CONSULTING FIRM TO UNDERTAKE A REASONABLENESS REVIEW OF TOP MANAGEMENT COMPENSATION. TOP MANAGEMENT INCLUDES THE INSTITUTION'S PRESIDENT AND VICE PRESIDENTS. THE REASONABLENESS REVIEW INCLUDES CONSIDERATION OF COMPARABILITY DATA PREPARED BY THE CONSULTANTS WHICH IS PROVIDED TO ALL COMMITTEE MEMBERS AND TO ALL MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. THE BENCHMARK DATA CONSIDERED INCLUDES BOTH SALARY AND TOTAL COMPENSATION INFORMATION. CONTEMPORANEOUS MINUTES ARE MAINTAINED FOR BOTH THE SENIOR COMPENSATION COMMITTEE OF THE BOARD AND FOR THE FULL BOARD OF TRUSTEES MEETINGS. THIS PROCESS WAS LAST UNDERTAKEN IN OCTOBER 2016. THE UNIVERSITY CONSISTENTLY UTILIZES HIGHER EDUCATION BENCHMARKING DATA TO ASSESS THE REASONABLENESS OF KEY EMPLOYEES' COMPENSATION. FACULTY COMPENSATION IS GOVERNED BY A COLLECTIVE BARGAINING AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PENSION 206,775. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST -89,987. WRITE-OFF OF CONTRIBUTION RECEIVABLE -9,540. FORM 990, PART XII, LINE 2C RIDER UNIVERSITY DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.