2016-05-10T10:29:57-05:00 2015-06-30 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 021293742 990 2014-07-01 050306206 JOHNSON & WALES UNIVERSITY JOHN 4015981900 8 ABBOTT PARK PLACE PROVIDENCE RI 02903 JOSEPH J GREENE TREASURER & CFO 4015981900 2016-05-06 1 LYNNE JOHNSON P00757336 6179129000 2014 2016-08-17 19:52:53Z JOHN BOWEN 8 ABBOTT PARK PLACE PROVIDENCE RI 02903 573831280 0 X WWW.JWU.EDU X 1914 RI EDUCATIONAL ACTIVITIES 16 15 7442 355 9424488 0 7548949 5172379 471251236 478027694 46816551 16622744 3620798 3598015 529237534 503420832 143305508 145960803 0 0 180281388 183606334 98011 116756 4390757 148295005 146801547 471979912 476485440 57257622 26935392 983253952 984921790 257181797 251374846 726072155 733546944 THE MISSION OF JOHNSON & WALES UNIVERSITY (JWU) IS TO PROVIDE AN EXCEPTIONAL EDUCATION THAT INSPIRES PROFESSIONAL SUCCESS AND LIFELONG PERSONAL AND INTELLECTURAL GROWTH. 0 0 419576130 145960803 470977062 IN FY 2015, JWU ENROLLMENT AT ITS 4 CAMPUSES (PROVIDENCE, RI; N. MIAMI, FL; DENVER, CO; CHARLOTTE, NC) AND ONLINE LEARNING PROGRAM TOTALED 15,744 STUDENTS.(14,838 UNDERGRADS AND 906 GRADUATE) JWU AWARDED 5,495 DEGREES INCLUDING 1,986 ASSOCIATE'S, 2,978 BACHELOR'S, 514 GRADUATE, 14 DOCTORIAL AND 3 CERTIFICATES. JWU EMPLOYED 492 F.T. AND 453 P.T. FACULTY THROUGHOUT ITS COLLEGE OF CULINARY ARTS,COLLEGE OF MANAGEMENT,COLLEGE OF ARTS & SCIENCE, COLLEGE OF ENGINEERING & DESIGN AND CENTER FOR PHYSICIAN ASSISTANT STUDIES. 3,997 STUDENTS PARTICIPATED IN 11-WEEK INTERNSHIPS;30.4% OF JWU STUDENTS WHO REPORTED THEIR PARENTS' EDUCATIONAL ATTAINMENT WERE THE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE, 93% RECEIVED INSTITUTIONAL AID, WITH AN AVERAGE AID OF $12,000 PER STUDENT. INSTITUTIONAL SCHOLARSHIPS EXCEEDED $146 MILLION. 419576130 1 1 0 1 0 0 0 1 1 1 1 1 0 0 1 1 0 1 1 1 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 1 1 1 1 0 0 1 27668 0 1 7442 1 1 1 0 0 0 0 1 1 0 0 0 0 X 16 15 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 AK AZ CO KY MD MA MI NH OH OK OR SC WA NY X MARIA RIX 4015982964 8 ABBOTT PARK PLACE PROVIDENCE RI 02903 WILLIAM J MURPHY TRUSTEE 1.00 0.00 X 0 0 0 EMERIL LAGASSE TRUSTEE 1.00 0.00 X 0 0 0 RICHARD L BREADY TRUSTEE 1.00 0.00 X 0 0 0 CLAY SNYDER TRUSTEE 1.00 0.00 X 0 0 0 EDWARD P TRIANGOLO JR TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM E TRUEHEART TRUSTEE 1.00 0.00 X 0 0 0 MICHELE BAILEY DIMARTINO TRUSTEE 1.00 0.00 X 0 0 0 LAURA FREID TRUSTEE 1.00 0.00 X 0 0 0 MERRILL W SHERMAN TRUSTEE (TERM ENDED 11/14) 1.00 0.00 X 0 0 0 JOHN MARTIN TRUSTEE 1.00 0.00 X 0 0 0 GUY B SNOWDEN CHAIR OF THE BOARD 1.00 0.00 X 0 0 0 JOHN H WHITE JR TRUSTEE 1.00 0.00 X 0 0 0 JOHN J BOWEN CHANCELLOR,PRESIDENT & CEO 40.00 0.00 X X 723587 0 474821 KRISTA TILLMAN TRUSTEE 1.00 0.00 X 0 0 0 BRENDA DANN-MESSIER TRUSTEE 1.00 0.00 X 0 0 0 DARREN LOPES TRUSTEE 1.00 0.00 X 0 0 0 LAURIE WHITE TRUSTEE 1.00 0.00 X 0 0 0 ERNEST ALMONTE TRUSTEE (TERM ENDED 3/15) 1.00 0.00 X 0 0 0 JAMES H HANCE JR TRUSTEE (TERM ENDED 11/14) 1.00 0.00 X 0 0 0 THOMAS DWYER VICE CHANCELLOR, EXEC VP 40.00 0.50 X 510046 0 318610 WAYNE M KEZIRIAN SR VP, GENERAL COUNSEL 40.00 0.50 X 342524 0 40152 EMILY GILCREAST SECRETARY, CHIEF OF STAFF 40.00 0.00 X 130069 0 17659 MINNIE L RUNEY COO, PRESIDENT, PVD CAMPUS 40.00 0.00 X 365390 0 118556 JOSEPH J GREENE JR CFO, TREASURER 40.00 0.00 X 259691 0 40352 ROBIN P KRAKOWSKY PRESIDENT, DENVER CAMPUS 40.00 0.00 X 281743 0 35439 ARTHUR J GALLAGHER PRESIDENT,CHARLOTTE CAMPUS 40.00 0.00 X 254186 0 42991 KENNETH F DISAIA SENIOR VP, ENROLLMENT MGMT 40.00 0.00 X 251507 0 38383 AKHIL GUPTA EXEC DIR OF UNIV PROC & BU 40.00 0.00 X 172409 0 30707 TARUN MALIK VP, CHARLOTTE CAMPUS 40.00 0.00 X 215219 0 38463 MARIE F BERNARDO SR VP OF ADMINISTRATION 40.00 0.00 X 280558 0 47547 LOREEN M CHANT PRESIDENT, N. MIAMI CAMPUS 40.00 0.00 X 159031 0 24277 LARRY RICE VP, N. MIAMI CAMPUS 40.00 0.00 X 185527 0 34906 DIANE H D'AMBRA VP OF HUMAN RESOURCES 40.00 0.00 X 242718 0 39742 RICHARD A WISCOTT VP, DENVER CAMPUS 40.00 0.00 X 174309 0 31792 MARIANNE DORAN-COLLINS CIO 40.00 0.00 X 225216 0 36962 RONALD L MARTEL VP OF STUDENT AFFAIRS 40.00 0.00 X 219972 0 21978 MAUREEN T DUMAS VP OF EXPER EDUC & CAREER 40.00 0.00 X 210779 0 39438 PAUL G VANLANDINGHAM PROFESSOR 40.00 0.00 X 601854 0 7748 MICHAEL J DOWNING VP OF AUXILIARY SERVICES 40.00 0.00 X 202215 0 34500 DOUGLAS JWHITING VP OF COMMUNICATIONS 40.00 0.00 X 188842 0 33165 WILLIAM MCARDLE VP FINANCE 40.00 0.00 X 179158 0 34044 BARBARA BENNETT CORP SEC.SR VP LAW &POLICY 40.00 0.00 X 237599 0 27340 6614149 0 1609572 240 1 1 0 AGOSTINI CONSTRUCTION CO INC 243 NARRAGANSETT PARK DRIVE EAST PROVIDENCE RI 02916 CONSTRUCTION SERVICES 10158629 SHAWMUT DESIGN & CONSTRUCTION 3 DAVOL SQUARE SUITE A275 PROVIDENCE RI 02903 CONSTRUCTION SERVICES 4462993 DIMEO CONSTRUCTION CO 75 CHAPMAN STREET PROVIDENCE RI 02905 CONSTRUCTION SERVICES 3455447 ATRION NETWORKING CORP PO BOX 842083 BOSTON MA 02284 IT HARDWARE/SERVICES 2204050 SODEXHO INC & AFFILIATES PO BOX 905374 CHARLOTTE NC 28290 MAINTENANCE SERVICES 2088630 93 24247 446190 2096595 2605347 566369 5172379 TUITION 611310 389275557 389275557 ROOM & BOARD REVENUES 611310 71714237 71714237 DOUBLETREE HOTEL 721110 8271264 8271264 STUDENT PRACTICUM 611310 3508114 3508114 STUDENT FEES 611310 2834917 2834917 2423605 2423605 478027694 3494695 836502 2658193 2071059 1721039 350020 350020 316722 33298 80023469 1418729 66569791 1744358 13453678 -325629 13128049 13128049 165504 446190 375260 -209756 -209756 BOOKSTORE, VENDING & STUDENT SERV 611310 2237119 2237119 CAREER EXPLORATION AND OTHER PROG 611310 607419 607419 ALUMNI PROGRAM RELATED MISC. INCO 611310 281927 281927 331286 331286 3457751 503420832 470977062 9424488 17846903 164426 164426 145086709 145086709 709668 709668 6111058 1774692 3770691 565675 998294 734646 263648 136070758 113769312 20535636 1765810 10782607 9215344 1536704 30559 20048674 16444536 3311290 292848 9594943 7930039 1512830 152074 578780 578780 666488 666488 140299 140299 183851 183851 116756 116756 1008818 1008818 3226759 3097953 128806 6656581 6041527 354566 260488 9098447 7025663 1901699 171085 5538393 5538393 372312 185089 187223 24212217 20976992 2994621 240604 4886713 3884480 826016 176217 4457637 3917867 495749 44021 34846979 30524356 3979653 342970 3232609 48513 3184096 FOOD/BEVERAGE/KITCHEN S 11003290 10372235 631055 STUDENT SERVICES EXPENS 9205866 9205866 CLASSROOM AND EDUCATION 7172519 7120631 36345 15543 CONSULTING 2930023 1468024 1405347 56652 17382966 14155318 3068193 159455 476485440 419576130 52518553 4390757 28837415 9157143 7493081 5738980 923289 927623 40502100 36314885 37172 21672 65941 62608 1740914 1134089 7996911 8312366 966205009 329482350 604938352 636722659 141233603 104989365 147791524 180008781 1693650 1531619 983253952 984921790 48292940 55116449 7190123 7933748 187714395 175577120 516061 610400 2320752 1331476 249651 0 10897875 10805653 257181797 251374846 X 694877867 703584010 10116317 8423769 21077971 21539165 726072155 733546944 983253952 984921790 X 26935392 -18934904 -525699 X 0 1 X 1 1 1 X 9881601 7845630 7343865 7548949 5172379 37792424 9881601 7845630 7343865 7548949 5172379 37792424 37792424 5601063 5892457 4682359 4810012 3925940 24911831 634821 666627 2339416 2235427 3100725 8977016 3406048 2514981 2918070 2718269 2402623 13959991 85641262 2290222119 0.44130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 183851 0 1 2225 186076 0 PART II-B, LINE 1: PART II-B, 1(G): DIRECT CONTACT: $183,851 PAID TO CONSULTING FIRMS TO MAINTAIN GOVERNMENT RELATIONS. PART II-B, 1(I): PORTION OF THE UNIVERSITY'S MEMBERSHIP DUES PAID TO THE AICU (ASSOCIATION OF INDEPENDENT COLLEGES & UNIVERSITIES OF RHODE ISLAND) AND TO THE NAICU (NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES & UNIVERSITIES), SPENT ON LOBBYING ACTIVITIES WAS $1,245 AND $980, RESPECTIVELY. 104930 X X X 0 0 1 X 272935957 572068 -2443263 -994929 -6291550 263778283 244787924 1447404 33599912 -817174 -6082109 272935957 226824100 404662 23641684 -571134 -5511388 244787924 241296110 1568507 -9064536 -1179460 -5796521 226824100 205185597 1519933 41060631 -780868 -5689183 241296110 0.89000 0.09000 0.02000 0 0 73438210 73438210 680081472 218274052 461807420 6168210 5232672 935538 161427665 105890610 55537055 45089452 85016 45004436 636722659 CASH 4523976 F COMMONFUND CEP VI 1141302 F COMMONFUND CEP V 502907 F COMMONFUND CEP VII 1283529 F GRACE VENTURE PARTNERS 22692 F PARK STREET CAPITAL V 863307 F PARK STREET CAPITAL VI 3113808 F PARK STREET CAPITAL VIII 4359077 F 457B 1588233 F CASH SURRENDER VALUE 7256 F DREYFUS CASH MANAGEMENT #288 781577 F LANKLER ASSETS 1303292 F LEHMAN BROTHERS 2605428 F PARK STREET NRF II 875232 F PARK STREET NRF III 1560723 F EATON PARK OVERSEAS FUND 165796 F COMMONFUND CVP VIII 1265031 F PARK STREET CAPITAL NRF IV 1321134 F PARK STREET CAPITAL IX 4515633 F SIGULER GUFF DISTRESSED OPPORTUNITIES FUND 2463986 F KING STREET CAPITAL LTD 75604 F COMMONFUND CVP IX 1328221 F SIGULER GUFF DISTRESSED OPPORTUNITIES FUND IV 2812101 F ASIA ALTERNATIVE CAPITAL PARTNERS 2318304 F PARK STREET CAPITAL NRF V 1502581 F PREFERRED STOCK CERTIFICATES 12000 F DOVER STREET VIII 2419710 F TRUEBRIDGE CAPITAL PARTNERS 1880178 F AGILITY OFFSHORE SOLUTIONS 127657731 F AGILITY ONSHORE SOLUTIONS 5738432 F 180008781 STUDENT DEPOSITS 6575151 ANNUITY DEPOSITS 122196 REFUNDABLE U.S. GRANTS 4108306 10805653 X PART III, LINE 4: THE CULINARY ARTS MUSEUM IS AN EDUCATIONAL RESOURCE FOR JOHNSON & WALES UNIVERSITY, THE COMMUNITY AT-LARGE, FOOD SCHOLARS AND THE FOOD SERVICE INDUSTRY WHICH SEEKS TO BOTH PRESERVE AND INTERPRET CULINARY AND HOSPITALITY HERITAGE. IT IS A SHOWCASE FOR THE WORK OF STUDENTS, FACULTY, ALUMNI AND DISTINGUISHED VISITING CHEFS. THROUGH EXHIBITIONS AND SPECIAL EVENTS, THE MUSEUM STRIVES TO INTERPRET THE EVOLUTION OF FOOD PREPARATION AND PRESENTATION, THE DEVELOPMENT OF CULINARY EQUIPMENT AND TECHNOLOGY, THE DIVERSE MENUS OFFERED AND THE PLACES WHERE PEOPLE PARTAKE OF FOOD. PART IV, LINE 2B: THE UNIVERSITY HOLDS MONEY AS A CUSTODIAN FOR STUDENT CLUBS AND POTENTIAL FUTURE PROGRAMS TO BE REFUNDED IF PROGRAM IS NOT INITIATED. PART V, LINE 4: THE UNIVERSITY USES ITS ENDOWMENT FUND FOR THE GENERAL BENEFIT OF THE UNIVERSITY'S CURRENT AND FUTURE STUDENTS (INCLUDING SCHOLARSHIPS AND LOAN FUNDS) AND FOR THE FUTHERANCE OF THE EDUCATIONAL MISSION OF THE UNIVERSITY. PART X, LINE 2: JOHNSON & WALES UNIVERSITY IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN EDUCATIONAL INSTITUTION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME. ANY TAX ON THE SUBSIDIARIES OR UNRELATED BUSINESS ACTIVITES IS NOT SIGNIFICANT TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AND ITS DECISION TO INCLUDE OR EXCLUDE ITEMS OF INCOME UNRELATED TO ITS OPERATIONS AS TAX POSITIONS; HOWEVER, THE UNIVERSITY HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. MANAGEMENT BELIEVES THE UNIVERSITY HAS NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2015 OR 2014. WITH FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2012. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN INCOME TAX EXPENSE. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 JOHNSON & WALES UNIVERSITY RECRUITS THROUGHOUT THE U.S. AND DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM A LARGE GEOGRAPHICAL AREA. PER REV. PROC. 75-50, 1975-2 C.B. 587, SECTION 4.03 PARAGRAPH 2(B), SUCH A SCHOOL MAY SATISFY THE PUBLICITY REQUIREMENT BY COMPLYING WITH SECTION 4.02, WHICH REQUIRES THAT A SCHOOL'S NONDISCRIMINATORY POLICY AS TO STUDENTS BE INCLUDED IN ALL ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. THE UNIVERSITY COMPLIES WITH THIS REQUIREMENT. MOREOVER, THE UNIVERSITY CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. SCHEDULE E, PART I, LINE 6 JOHNSON & WALES UNIVERSITY PARTICIPATES IN THE TITLE IV FINANCIAL AID PROGRAMS AND RECEIVES GRANTS FROM THE U.S. DEPARTMENT OF EDUCATION AND THE STATES OF RHODE ISLAND, FLORIDA, NORTH CAROLINA, MASSACHUSETTS, WYOMING, MAINE, DELAWARE, CONNECTICUT, VERMONT, MARYLAND, PENNSYLVANIA, IOWA AND VIRGINIA. 1 EAST ASIA AND THE PACIFIC - 4 15 PROGRAM SERVICES STUDENT RECRUITING 320260 SOUTH ASIA - AFGHANISTAN, BANGLADESH, 1 12 PROGRAM SERVICES STUDENT RECRUITING 82250 EUROPE (INCLUDING ICELAND & GREENLAND) - 1 1 PROGRAM SERVICES STUDENT RECRUITING 15010 MIDDLE EAST AND NORTH AFRICA - 3 PROGRAM SERVICES STUDENT RECRUITING 15500 CENTRAL AMERICA AND THE CARIBBEAN - 2 PROGRAM SERVICES STUDENT RECRUITING 3000 RUSSIA & NEIGHBORING STATES 1 PROGRAM SERVICES STUDENT RECRUITING 1750 SUB-SAHARAN AFRICA 1 PROGRAM SERVICES STUDENT RECRUITING 1000 CENTRAL AMERICA AND THE CARIBBEAN - INVESTING 130330223 SUB-SAHARAN AFRICA PROGRAM SERVICES STUDY ABROAD 116200 EAST ASIA AND THE PACIFIC - PROGRAM SERVICES STUDY ABROAD 242370 CENTRAL AMERICA AND THE CARIBBEAN - PROGRAM SERVICES STUDY ABROAD 98485 EUROPE (INCLUDING ICELAND & GREENLAND) - PROGRAM SERVICES STUDY ABROAD 1198019 SOUTH AMERICA PROGRAM SERVICES STUDY ABROAD 93600 EUROPE (INCLUDING ICELAND & GREENLAND) - GRANTMAKING 622778 EAST ASIA AND THE PACIFIC - GRANTMAKING 56806 CENTRAL AMERICA AND THE CARIBBEAN - GRANTMAKING 24084 SOUTH AMERICA GRANTMAKING 3000 SUB-SAHARAN AFRICA GRANTMAKING 3000 6 35 0 0 6 35 130768993 2458342 133227335 STUDY ABROAD SCHOLARSHIP EUROPE 315 622778 CREDIT TO STUDENT ACCOUNT BOOK STUDY ABROAD SCHOLARSHIP EAST ASIA & THE PACIFIC 69 56806 CREDIT TO STUDENT ACCOUNT BOOK STUDY ABROAD SCHOLARSHIP CENTRAL AMERICA AND THE CARIBBEAN 25 24084 CREDIT TO STUDENT ACCOUNT BOOK STUDY ABROAD SCHOLARSHIP SOUTH AMERICA 17 3000 CREDIT TO STUDENT ACCOUNT BOOK STUDY ABROAD SCHOLARSHIP SUB-SAHARAN AFRICA 33 3000 CREDIT TO STUDENT ACCOUNT BOOK 1 0 1 1 1 1 PART I, LINE 2: THE UNIVERSITY APPLIES SCHOLARSHIPS FOR THE STUDY-ABROAD PROGRAM DIRECTLY TO STUDENTS' ACCOUNTS RECEIVABLE BALANCES. X X X X X X X 1 STALEYROBESON INC 156 LONG WHARF ROAD MYSTIC CT 06355 PROSPECT STRATEGY CONSULTING 0 0 107756 107756 PATTON MCDOWELL AND ASSOCIATES LLC 338 S SHARON AMITY ROAD PMB 208 CHARLOTTE NC 28211 PROSPECT STRATEGY CONSULTING 0 0 9000 9000 116756 116756 AL AK AZ AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MO MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI GOLF TOURNAMENT 465056 338748 126308 82382 12498 21701 21302 181740 CHLT EPICUREAN SOCIETY 96132 82682 13450 8929 12658 5884 3 50506 24760 25746 2839 10107 11436 450 3334 611694 446190 165504 85221 22605 42066 34410 190958 375260 -209756 1 UNITED WAY OF RI 228 WATERMAN AVE PROVIDENCE RI 02906 050276059 501C3 60000 0 DONOR-ADVISED PHILANTROPHY FUND TO ASSIST VARIOUS NON-PROFIT ORGANIZATIONS IN RHODE ISLAND JUNIOR ACHIEVEMENT OF DENVER 1445 MARKET ST 200 DENVER CO 80202 840430495 501C3 13000 0 SUPPORT DENVER CHAPTER OF YOUTH ORGANIZATION WITH THEIR FINANCIAL LITERACY PROGRAM FL RESTAURANT & LODGING ASSOCIATION EDUCATIONAL FOUNDATION 230 S ADAMS ST TALAHASSEE FL 32301 596194391 501C3 15000 0 SUPPORT ASSOCIATION MISSION TO PROTECT, EDUCATE AND PROMOTE THE HOSPITALITY INDUSTRY WE DON'T WASTE 3580 WALNUT ST UNIT B DENVER CO 80205 270585966 501C3 0 17736 FMV FOOD SUPPORT PROGRAM TO HELP HOMELESSNESS AND NEEDY IN COLORADO A BETTER WORLD 4527 FREEDOM DR CHARLOTTE NC 28208 562238007 501C3 0 18100 FMV KITCHEN EQUIPMENT SUPPORT PROGRAM TO HELP HOMELESSNESS AND NEEDY IN NORTH CAROLINA FLORENCE CRITTENTON SERVICE 1300 BLYTHE BLVD CHARLOTTE NC 28203 560577626 501C3 0 6040 FMV COMPUTER EQUIPMENT SUPPORT CHARLOTTE PROGRAM TO OVERCOME AND PREVENT HOMELESSNESS INNER VISION TOTAL 415 E 4TH ST CHARLOTTE NC 28202 743091760 501C3 0 14360 FMV COMPUTER EQUIPMENT SUPPORT CHARLOTTE PROGRAM TO OVERCOME AND PREVENT HOMELESSNESS SUPPORT PROGRAM TO HELP HOMELESSNESS AND NEEDY IN RHODE ISLAND 7 0 SCHOLARSHIPS 14283 0 145086709 BOOK SCHOLARSHIPS PART I, LINE 2: PART II - THE OFFICE OF THE CHIEF OPERATING OFFICER MONITORS ALL FUNDS ALLOCATED TO EXTERNAL ORGANIZATIONS. PART III- THE UNIVERSITY PROVIDES ASSISTANCE IN THE FORM OF SCHOLARSHIPS THAT ARE ALL APPLIED TO STUDENTS' ACCOUNTS RECEIVABLE BALANCES AT THE BURSAR'S OFFICE. X X 1 1 X X X X X 1 1 0 0 0 0 0 0 0 JOHN J BOWEN CHANCELLOR,PRESIDENT & CEO 683595 0 0 0 39992 0 449005 0 25816 0 1198408 0 0 0 THOMAS DWYER VICE CHANCELLOR, EXEC VP 476626 0 0 0 33420 0 300935 0 17675 0 828656 0 0 0 WAYNE M KEZIRIAN SR VP, GENERAL COUNSEL 311288 0 0 0 31236 0 26000 0 14152 0 382676 0 0 0 MINNIE L RUNEY COO, PRESIDENT, PVD CAMPUS 339380 0 0 0 26010 0 26000 0 92556 0 483946 0 0 0 JOSEPH J GREENE JR CFO, TREASURER 227074 0 0 0 32617 0 23266 0 17086 0 300043 0 0 0 ROBIN P KRAKOWSKY PRESIDENT, DENVER CAMPUS 250577 0 0 0 31166 0 25299 0 10140 0 317182 0 0 0 ARTHUR J GALLAGHER PRESIDENT,CHARLOTTE CAMPUS 250169 0 0 0 4017 0 25486 0 17505 0 297177 0 0 0 KENNETH F DISAIA SENIOR VP, ENROLLMENT MGMT 222235 0 0 0 29272 0 22902 0 15481 0 289890 0 0 0 AKHIL GUPTA EXEC DIR OF UNIV PROC & BU 162472 0 0 0 9937 0 16806 0 13901 0 203116 0 0 0 TARUN MALIK VP, CHARLOTTE CAMPUS 213414 0 0 0 1805 0 21900 0 16563 0 253682 0 0 0 MARIE F BERNARDO SR VP OF ADMINISTRATION 248717 0 0 0 31841 0 25431 0 22116 0 328105 0 0 0 LOREEN M CHANT PRESIDENT, N. MIAMI CAMPUS 158576 0 0 0 455 0 16137 0 8140 0 183308 0 0 0 LARRY RICE VP, N. MIAMI CAMPUS 184093 0 0 0 1434 0 18968 0 15938 0 220433 0 0 0 DIANE H D'AMBRA VP OF HUMAN RESOURCES 223363 0 0 0 19355 0 22895 0 16847 0 282460 0 0 0 RICHARD A WISCOTT VP, DENVER CAMPUS 173017 0 0 0 1292 0 17860 0 13932 0 206101 0 0 0 MARIANNE DORAN-COLLINS CIO 223362 0 0 0 1854 0 22895 0 14067 0 262178 0 0 0 RONALD L MARTEL VP OF STUDENT AFFAIRS 212088 0 0 0 7884 0 21284 0 694 0 241950 0 0 0 MAUREEN T DUMAS VP OF EXPER EDUC & CAREER 196404 0 0 0 14375 0 20199 0 19239 0 250217 0 0 0 PAUL G VANLANDINGHAM PROFESSOR 74223 0 0 0 527631 0 7572 0 176 0 609602 0 0 0 MICHAEL J DOWNING VP OF AUXILIARY SERVICES 194141 0 0 0 8074 0 19916 0 14584 0 236715 0 0 0 DOUGLAS JWHITING VP OF COMMUNICATIONS 186411 0 0 0 2431 0 19199 0 13966 0 222007 0 0 0 WILLIAM MCARDLE VP FINANCE 150258 0 0 0 28900 0 15459 0 18585 0 213202 0 0 0 BARBARA BENNETT CORP SEC.SR VP LAW &POLICY 103496 0 0 0 134103 0 10558 0 16782 0 264939 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANION - THE SPOUSES OF CERTAIN LISTED PERSONS OCCASIONALLY ACCOMPANY THEM ON BUSINESS TRIPS. THE SPOUSES ARE EMPLOYEES OF THE UNIVERSITY AND TRAVEL IN THEIR CAPACITY AS EMPLOYEES OF THE UNIVERSITY. SUCH TRAVEL IS NOT TREATED AS TAXABLE COMPENSATION. -HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - SOCIAL CLUB DUES ARE PAID FOR CERTAIN OFFICERS OF THE UNIVERSITY IN ACCORDANCE WITH THEIR EMPLOYMENT CONTRACTS WHICH ARE APPROVED BY THE COMPENSATION COMMITTEE. IN ALL CASES, WHERE THE BENEFIT IS TAXABLE, IT'S TREATED AS COMPENSATION. PART I, LINES 4A-B BARBARA BENNETT RECEIVED SEVERANCE PAY OF $119,423. JOHN BOWEN AND THOMAS DWYER PARTICIPATE IN A SUPPLEMENTAL EMPLOYEE RETIREMENT PLAN (SERP), WHICH WAS ESTABLISHED UNDER SECTION 457(F) OF THE IRC. THE SERP WAS ESTABLISHED AND APPROVED BY THE BOARD OF TRUSTEES IN 2006 TO REWARD PERFORMANCE, LOYALTY, AND CONTINUOUS SERVICE OF SELECTED EXECUTIVES TO AGE 65. ONLY EXECUTIVES SPECIFICALLY DESIGNATED BY THE BOARD QUALIFY FOR PARTICIPATION, THEY MUST REMAIN EMPLOYED BY THE INSTITUTION THROUGH AGE 65 AND THE BENEFIT SUPPLEMENTS OTHER INSTITUTIONAL RETIREMENT PLANS SUCH THAT THE RECIPIENT WILL RECEIVE TOTAL RETIREMENT INCOME EQUAL TO 75% OF FINAL COMPENSATION. A COLORADO EDUCATIONAL AND CUTURAL FACILITIES 840896727 19645RUP4 2013-09-18 117152127 SERIES A+B: CAPITAL PROJECTS ON DENVER CAMPUS; REFUNDED 5 ISSUES 0 0 0 B NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 65819GJH2 2013-08-08 42523473 REFUNDED NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 2003 REV BONDS 0 0 0 C NORTH CAROLINA FACILITIES FINANCE AGENCY 561592154 2014-03-11 26502035 PURCHASE CITY VIEW TOWERS RESIDENCE HALL ON NC CAMPUS FOR STUDENT HOUSING 0 0 0 A 14105000 117166610 2211638 18648477 87149483 9157012 2015 1 0 0 1 B 3285000 42523494 4665 42518829 2004 1 0 1 1 C 2208503 26502035 26502035 2014 0 0 1 1 A 0 1 1 1 0 0.00640 0.00130 0.00770 0 0 1 B 0 1 1 1 0 0.01190 0.00060 0.01250 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 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 0 1 0 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: COLORADO EDUCATIONAL AND CUTURAL FACILITIES DATE THE REBATE COMPUTATION WAS PERFORMED: 10/23/2015 ISSUER NAME: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 11/18/2015 SCHEDULE K, PART I, LINE A, COLUMN (F): SERIES A WAS A NEW MONEY ISSUE USED TO FUND CAPITAL PROJECTIONS ON THE DENVER CAMPUS, PROCEEDS WERE $30,002,644. SERIES B WAS A REFUNDING ISSUE THAT REFUNDED THE FOLLOWING: COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY, SERIES 2003A, $23,985,062 RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION, SERIES 2003, $20,811,689 (THE RHODE ISLAND 2003 SERIES REFUNDED 1992 AND 1993 ISSUES) RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION, SERIES 1999, $23,036,937 RHODE ISLAND HEALTH AND EDUCAITONAL BUILDING CORPORATION, SERIES 1996, $ 6,262,926; CITY OF NORTH MIAMI, FLORIDA, SERIES 2003A, $13,053,439 (THE NORTH MIAMI 2003 SERIES REFUNDED A 1994 ISSUE) SCHEDULE K, PART III, LINE 4, 5, AND 6, COLUMN A: THE SERIES A PROJECT IS IN PROGRESS, THERE IS NO PRIVATE USE AT THIS TIME. THE SERIES B PROCEEDS OF $87,149,483 FUNDED ONLY ONE ISSUE REPORTED IN PART III OF SCHEDULE K. THE COLORADO 2003 SERIES IS THE ONLY ISSUE ON WHICH PRIVATE USE IS CACULATED FOR PURPOSES OF THIS FORM AS IT WAS THE ONLY POST 2002 ORIGINAL ISSUE. SCHEDULE K, PART III, LINE 7, COLUMNS A, B, AND C: 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 USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. TARUN MALIK EMPLOYEE RELOCATION LOAN X 75000 21672 0 1 1 21672 SEE SCHEDULE O 0 X 3047 176136 SALE COMPARABLE ITEMS X 109 313109 SALE COMPARABLE ITEMS X OTHER 62 77124 SALE COMPARABLE ITEM 0 1 0 PART I, COLUMN (B): LINE 9 REPRESENTS THE NUMBER OF ITEMS RECEIVED. LINES 19 AND 25 REPRESENT THE NUMBER OF SEPERATE GIFTS ON SEPERATE DATES; THAT IS, ONE DONOR MAY HAVE MADE MULTIPLE GIFTS DURING THE YEAR, AND EACH GIFT MAY CONTAIN MULTIPLE ITEMS. FORM 990, PART VI, SECTION A, LINE 6 IN ADDITION TO THE GOVERNING BOARD (BOARD OF TRUSTEES) THE UNIVERSITY HAS A GROUP OF INDIVIDUALS REFERRED TO AS "THE CORPORATION". THE CORPORATION CONSISTS OF MEMBERS REPRESENTING VARIOUS CONSTITUENCIES AND AREAS OF BUSINESS THAT ARE RELEVANT TO THE INSTITUTION'S MISSION AND PURPOSES. THE ONLY DUTY AND AUTHORITY OF THE CORPORATION IS TO ELECT THE MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A IN ADDITION TO THE GOVERNING BOARD (BOARD OF TRUSTEES) THE UNIVERSITY HAS A GROUP OF INDIVIDUALS REFERRED TO AS "THE CORPORATION". THE CORPORATION CONSISTS OF MEMBERS REPRESENTING VARIOUS CONSTITUENCIES AND AREAS OF BUSINESS THAT ARE RELEVANT TO THE INSTITUTION'S MISSION AND PURPOSES. THE ONLY DUTY AND AUTHORITY OF THE CORPORATION IS TO ELECT THE MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, A COMPLETE COPY OF THE 990 IS PROVIDED TO THE BOARD OF TRUSTEES. IN ADDITION, MEMBERS OF THE AUDIT COMMITTEE MEET WITH ACCOUNTING MANAGEMENT TO ADDRESS ANY QUESTIONS. ALL QUESTIONS MUST BE ADDRESSED TO THE SATISFACTION OF THE COMMITTEE MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, OFFICER AND SENIOR EXECUTIVE SHALL DISCLOSE TO THE BOARD AT LEAST ONCE EACH YEAR ALL THE MATERIAL FACTS CONCERNING HIS OR HER RELATIONSHIP WITH, OR INTEREST IN, ANY PERSON, FIRM, CORPORATION OR OTHER ENTITY WITH WHOM THE UNIVERSITY HAS, OR PROPOSES TO ENTER INTO, ANY CONTRACT OR OTHER TRANACTION WHICH MAY, DIRECTLY, OR INDIRECTLY, RESULT IN FINANCIAL GAIN OR OTHER ADVANTAGE TO SUCH TRUSTEE, OFFICER OR SENIOR EXECUTIVE BY REASON OF SUCH RELATIONSHIP OR INTEREST. ADDITIONALLY, WHERE APPLICABLE, ALL TRUSTEES, OFFICERS AND SENIOR EXECUTIVES ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST NOT LATER THAN WHEN THE POTENTIAL CONFLICT BECOMES A MATTER OF BOARD ACTION. THE CORPORATE SECRETARY SHALL COLLECT THE INFORMATION INCLUDED IN THE AFOREMENTIONED DISCLOSURE STATEMENTS AND REPORT ON THE SAME TO THE AUDIT COMMITTEE. THE INFORMATION IS REVIEWED BY ACCOUNTING PERSONNEL FOR BUSINESS AND PERSONAL RELATIONSHIPS THAT MAY RESULT IN A CONFLICT OF INTEREST SITUATION. A LISTING OF THE INDIVIDUALS AND RELATED BUSINESSES AND / OR ORGANIZATIONS IS DEVELOPED AND DISTRIBUTED TO ACCOUNTS PAYABLE / PROCUREMENT PERSONNEL WITH A DIRECTIVE TO MONITOR ALL OF THE TRANSACTIONS WITH ANY OF THE LISTED BUSINESSES AND / OR INDIVIDUALS. ALSO, AS PART OF THE ANNUAL INDEPENDENT AUDIT, ALL TRANSACTIONS WITH SUCH BUSINESSES AND / OR INDIVIDUALS MUST BE SUMMARIZED FOR PURPOSES OF THE REQUIRED FINANCIAL STATEMENT DISCLOSURE OF RELATED PARTY TRANSACTIONS. THIS PROVIDES AN ADDED OPPORTUNITY FOR MANAGEMENT TO REVIEW SUCH TRANSACTIONS AND RELATIONSHIPS FOR PROPRIETY. TRUSTEES, OFFICERS AND SENIOR EXECUTIVES MAY VOTE ON AND / OR PARTICIPATE IN APPROVING TRANSACTIONS WITH SUCH BUSINESSES AND / OR INDIVIDUALS IN CERTAIN PRESCRIBED CIRCUMSTANCES IN WHICH THE RELATIONSHIP IS CLEARLY DISCLOSED AND THE TRANSACTION IS APPROVED BY A MAJORITY OF THE DISINTERESTED TRUSTEES, OFFICERS AND / OR SENIOR EXECUTIVES THAT ARE CHARGED WITH MAKING THE DECISION REGARDING THE TRANSACTION IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF THE UNIVERSITY'S TOP MANAGEMENT OFFICIAL (THE UNIVERSITY CHANCELLOR) AS WELL AS THE NEXT TWO HIGHEST RANKING OFFICIALS (THE VICE CHANCELLOR AND THE CHIEF OPERATING OFFICER) INCLUDED ALL OF THE ELEMENTS OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS. THE INDEPENDENT COMPENSATION COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES INDEPENDENTLY ENGAGED A FIRM OF COMPENSATION SPECIALISTS TO PERFORM A STUDY TO EVALUATE THE COMPENSATION LEVELS OF SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED INSTITUTIONS. THIS INFORMATION WAS USED BY THE COMMITTEE TO EVALUATE THE COMPENSATION OF THESE THREE ADMINISTRATORS. THE RESULTING COMPENSATION AMOUNTS WERE OFFICIALLY APPROVED BY THE COMMITTEE AND DOCUMENTED IN THE MEETING MINUTES AS WELL AS IN SIGNED EMPLOYMENT CONTRACTS FOR EACH INDIVIDUAL. THESE COMPENSATION AMOUNTS WERE APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD, AND THE COMPENSATION OF THE CHANCELLOR/PRESIDENT/CEO WAS APPROVED BY THE ENTIRE BOARD OF TRUSTEES. THIS PROCESS OCCURRED IN DECEMBER OF 2012 FOR CONTRACT PERIODS BEGINNING ON JANUARY 1, 2013. SIMILAR COMPENSATION STUDIES HAVE BEEN PERFORMED FOR ALL OF THE REMAINING INDIVIDUALS AND/OR POSIITIONS REPORTED IN PART VII, EXCEPT FOR THE POSITION OF THE ASSISTANT SECRETARY. ALL OF THESE STUDIES WERE PERFORMED IN 2013 FOR COMPENSATION EFFECTIVE JULY 1, 2013. ADDITIONALLY, DURING THE INTERVENING YEARS BETWEEN THE FORMAL STUDIES, THE COMPENSATION FOR ALL OF THESE INDIVIDUALS IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC VIA THE UNIVERSITY'S AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITES. THE UNIVERSITY'S FORM 990 WITHOUT SCHEDULE B IS AVAILABLE TO THE GENERAL PUBLIC VIA GUIDESTAR'S AND THE MASSACHUSETT ATTORNEY GENERAL'S WEBSITES. THE UNIVERSITY'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN INVESTMENT IN CORPORATE SUBS. 5,915. INVESTMENT IN CONTROLLED NOT-FOR-PROFIT ORGANIZATION -531,614. SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: SARAH C. MALIK (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF OFFICER, TRUSTEE, OR KEY EMPLOYEE (C) AMOUNT OF TRANSACTION: $89,363 (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: KATHLEEN A. HARNEY (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF OFFICER, TRUSTEE, OR KEY EMPLOYEE (C) AMOUNT OF TRANSACTION: $75,265 (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: JAMES C. GREENE (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF OFFICER, TRUSTEE, OR KEY EMPLOYEE (C) AMOUNT OF TRANSACTION: $57,556 (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: IRMA JULIE GREENE (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF OFFICER, TRUSTEE, OR KEY EMPLOYEE (C) AMOUNT OF TRANSACTION: $65,375 (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: BARBARA G. DISAIA (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF OFFICER, TRUSTEE, OR KEY EMPLOYEE (C) AMOUNT OF TRANSACTION: $77,521 (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: MICHELE VON HEIN (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF OFFICER, TRUSTEE, OR KEY EMPLOYEE (C) AMOUNT OF TRANSACTION: $98,036 (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION REVENUES? = NO WILDCAT REALTY HOLDINGS LLC 8 ABBOTT PARK PLACE PROVIDENCE RI 02903 454834756 REAL ESTATE HOLDINGS RI 2583684 JOHNSON & WALES UNIVERSITY MULTICULTURAL FOODSERVICE & HOSPITALITY ALLIANCE 1144 NARRAGANSETT BLVD CRANSTON RI 02905 364120950 BUILD CULTURAL INTELLIGENCE RI 501(C)(3) LINE 9 JOHNSON & WALES UNIVERISTY 1 JOHNSON & WALES UNIVERSITY CLUB 8 ABBOTT PARK PLACE PROVIDENCE RI 02903 050366691 RETAIL SALES RI JOHNSON & WALES UNIVERSITY C -635 1.00000 1 CHARITABLE REMAINDER ANNUITY TRUST(1) CHARITABLE TRUST RI JOHNSON & WALES UNIVERSITY T 1 CHARITABLE REMAINDER UNITRUST(2) CHARITABLE TRUST RI JOHNSON & WALES UNIVERSITY T 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 1 MULTICULTURAL FOODSERVICE & HOSPITALITY ALLIANCE S 37124 ACTUAL