2016-05-13T21:52:13-05:00 2015-06-30 PricewaterhouseCoopers LLP 101 SEAPORT BOULEVARD Boston MA 02210 990 2014-07-01 041679980 NORTHEASTERN UNIVERSITY % THOMAS NEDELL NORT 6173735947 360 HUNTINGTON AVENUE BOSTON MA 02115 THOMAS NEDELL svp finance & treasurer 6175305000 2016-05-12 true GWEN SPENCER P01441612 6175305000 2014 2016-08-17 19:52:53Z Joseph E Aoun 360 Huntington Ave Boston MA 02115 1463831016 false X www.neu.edu X 1898 MA SEE SCHEDULE O. 37 35 15691 1000 11862756 156697000 154284000 1077749940 1161438640 38161876 37028457 14948573 15281568 1287557389 1368032665 261186843 280098461 0 0 512283288 544361324 478432 494792 21152613 392519265 429875196 1166467828 1254829773 121089561 113202892 2652261000 2743645000 1277070000 1285265000 1375191000 1458380000 X SEE SCHEDULE O. false false 392597622 0 1030801018 Instruction NORTHEASTERN ENABLES 34,628 STUDENTS TO FULFILL THEIR EDUCATIONAL GOALS BY PROVIDING TEACHING AND ADVISING THAT RESULT IN THE GRANTING OF ASSOCIATE, BACHELOR, MASTER AND DOCTORAL DEGREES IN A VARIETY OF ACADEMIC DISCIPLINES. THE UNIVERSITYS ACADEMIC AREA CONSISTS OF THE BOUVE COLLEGE OF HEALTH SCIENCE, COLLEGE OF ARTS, MEDIA AND DESIGN, D'AMORE-MCKIM SCHOOL OF BUSINESS, COLLEGE OF COMPUTER AND INFORMATION SCIENCE, COLLEGE OF ENGINEERING, COLLEGE OF PROFESSIONAL STUDIES, COLLEGE OF SCIENCE, COLLEGE OF SOCIAL SCIENCES AND HUMANITIES, AND SCHOOL OF LAW. 266062761 266062761 0 Student financial aid Northeastern awards grants and scholarships to students from several sources: federal and state governments, institutionally-funded and endowment/donor funded. The Office of Student Financial Services administers financial aid and is committed to working with students to identify financial aid options that can help make a Northeastern education affordable. 114262133 0 130637622 Auxiliary enterprises Northeastern provides student housing in 32 residential buildings and operates conference centers mainly used for University events. 372587756 14035700 0 1145510272 true true false true false false false false false true true true false false true true false true true false true true false true true false false true true true true false false false false false true false false true false true true false false true true true true false false true 34615 0 true 15691 true true true false false false false true true false false false false X 37 35 true false false false false true true true true false false true true true true true true true true false AK CO IN KY MD MA MI NH NY NC OH OR PA SC WI X THOMAS NEDELL 6173735374 360 HUNTINGTON AVE BOSTON MA 02115 X JOSEPH E AOUN PRESIDENT/TRUSTEE 40.0 0.0 X X 952445 0 240469 PETER B CAMERON TRUSTEE 1.0 0.0 X 0 0 0 CHAD GIFFORD TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM J COTTER TRUSTEE 1.0 0.0 X 0 0 0 EDMOND J ENGLISH TRUSTEE 2.0 0.0 X 0 0 0 WILLIAM S HOWARD TRUSTEE 1.0 0.0 X 0 0 0 KATHERIN S MCHUGH TRUSTEE 2.0 0.0 X 0 0 0 HENRY J NASELLA CHAIR/TRUSTEE 5.0 0.0 X 0 0 0 KATHRYN NICHOLSON TRUSTEE 1.0 0.0 X 0 0 0 RONALD L ROSSETTI TRUSTEE 1.0 0.0 X 0 0 0 CAROLE J SHAPAZIAN TRUSTEE 2.0 0.0 X 0 0 0 SEYMOUR STERNBERG TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL J ZAMKOW TRUSTEE 2.0 0.0 X 0 0 0 NONNIE S BURNES TRUSTEE 1.0 0.0 X 0 0 0 VENETIA G KONTOGOURIS TRUSTEE 1.0 0.0 X 0 0 0 BARBARA C ALLEYNE TRUSTEE 1.0 0.0 X 0 0 0 RICHARD A D'AMORE TRUSTEE 2.0 0.0 X 0 0 0 EDWARD G GALANTE TRUSTEE 2.0 0.0 X 0 0 0 ALAN S MCKIM TRUSTEE 2.0 0.0 X 0 0 0 RONALD L SARGENT TRUSTEE 1.0 0.0 X 0 0 0 JOSEPH M TUCCI TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM J CONLEY TRUSTEE 2.0 0.0 X 0 0 0 DAVID HOUSE TRUSTEE 1.0 0.0 X 0 0 0 JOHN PULICHINO TRUSTEE 1.0 0.0 X 0 0 0 ARTHUR ZAFIROPOULO TRUSTEE 1.0 0.0 X 0 0 0 JEFFREY J CLARKE TRUSTEE 1.0 0.0 X 0 0 0 SPENCER T FUNG TRUSTEE 1.0 0.0 X 0 0 0 LUCIAN GRAINGE CBE TRUSTEE 1.0 0.0 X 0 0 0 FRANCES N JANIS TRUSTEE 1.0 0.0 X 0 0 0 DAVID J MONDRAGON TRUSTEE 1.0 0.0 X 0 0 0 JEFFREY S BORNSTEIN TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM M COWAN TRUSTEE 1.0 0.0 X 0 0 0 SUSAN DEITCH TRUSTEE 1.0 0.0 X 0 0 0 CHET KANOJIA TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM A LOWELL TRUSTEE 1.0 0.0 X 0 0 0 TODD M MANGANARO TRUSTEE 1.0 0.0 X 0 0 0 GEORGE D BEHRAKIS TRUSTEE 1.0 0.0 X 0 0 0 PHILOMENA V MANTELLA SVP & CEO NU GLOBAL NETWORK 40.0 0.0 X 509979 0 96124 DIANE N MACGILLIVRAY SR VP OF UNIV. ADVANCEMENT 40.0 0.0 X 486058 0 118776 MICHAEL A ARMINI SENIOR VP - EXTERNAL AFFAIRS 40.0 0.0 X 360181 0 85175 STEPHEN W DIRECTOR PROVOST & SVP ACADEMIC AFFAIRS 40.0 0.0 X 669950 0 99224 RALPH C MARTIN II SR VP & GENERAL COUNSEL 40.0 0.0 X 586465 0 78239 THOMAS NEDELL SVP FINANCE AND TREASURER 40.0 0.0 X 473768 0 51230 STEVEN KADISH SVP & COO 40.0 0.0 X 537906 0 48977 NANCY MAY VP - FACILITIES 40.0 0.0 X 235941 0 36707 JANE BROWN VP - ENROLLMENT MGMT 40.0 0.0 X 289123 0 49655 NADINE AUBRY DEAN - COLLEGE OF ENGINEERING 40.0 0.0 X 482647 0 48822 HUGH COURTNEY DEAN D'AMORE-MCKIM SCHL OF BUS 40.0 0.0 X 373036 0 54187 TERRY FULMER DEAN-BOUVE' COLL OF HEALTH SCI 40.0 0.0 X 373372 0 28979 JOHN LABRIE DEAN-CPS & VP-PROF EDUCATION 40.0 0.0 X 260486 0 53495 MARC H MEYER SHILLMAN PROF-ENTREPRENEURSHIP 40.0 0.0 X 674169 0 28780 ALEXANDROS MAKRIYANNIS PROFESSOR & BEHRAKIS CHAIR 40.0 0.0 X 542080 0 27785 ALBERT-LASZLO BARABASI UNIV. DISTINGUISHED PROFESSOR 40.0 0.0 X 491073 0 51621 WILLIAM COEN HEAD COACH MEN'S BASKETBALL 40.0 0.0 X 531014 0 48914 MARIO MALETTA SR ASSOC DEAN-ACADEMIC PROGRAM 40.0 0.0 X 456773 0 48521 JOHN H MCCARTHY SR ADVISOR TO THE PRESIDENT 28.0 0.0 X 415142 0 33806 ALLEN SOYSTER PROFESSOR 40.0 0.0 X 106442 0 29233 DAVID LUZZI EXEC DIR STRATEGIC SECURITY 40.0 0.0 X 339667 0 52660 HARRY LANE PROFESSOR 40.0 0.0 X 270724 0 47672 STEPHEN ZOLOTH PROFESSOR 40.0 0.0 X 319307 0 53929 10737748 0 1512980 975 true true false COMPASS GROUP PO BOX 91337 CHICAGO IL 606931337 FOOD SERVICES 18659828 Suffolk Construction Co Inc 65 Allerton Street BOSTON MA 02119 CONSTRUCTION 16306094 EMBANET 105 GORDON BAKER ROAD TORONTO, ON M2H 2S5 0 CA ONLINE LEARNING SVCS 16011810 Gilbane Building Company 7 Jackson Walkway PROVIDENCE RI 029033623 CONSTRUCTION 9924422 CONSOLIDATED SERVICE GROUP 176 WILLIAMS STREET CHELSEA MA 02150 CLEANING SERVICES 7843306 256 272396 80795026 73216578 3501551 154284000 TUITION,RM BD,FEES 900099 1150143633 1150143633 PARKING 812930 8232238 3828091 4404147 FOOD SERVICE 900099 3062769 3062769 1161438640 13742251 -208852 13951103 228 228 344643 344643 12484759 2934037 9550722 0 9550722 9550722 116607536 -766000 92555558 24051978 -766000 23285978 2654812 20631166 106254 272396 308756 -202502 -202502 0 0 CONFERENCE CENTERS/ARENA 532000 4795873 4795873 ADVERTISING/SPORTS INCOME 900099 21086 21086 FEE FOR SERVICE INCOME 900099 771746 771746 5588705 1368032665 1150143633 11862756 51742276 13735211 13735211 266062761 266062761 300489 300489 0 9126814 3554094 4870694 702026 817388 297904 519484 435251662 397106231 27313422 10832009 25064851 22573733 1841758 649360 48162530 43148252 3773068 1241210 25938079 23360173 1905923 671983 591328 591328 4419768 135 4418564 1069 510818 510818 386618 360000 26618 494792 494792 1749036 1749036 14148253 14142438 5157 658 9233255 5624083 3597287 11885 37291822 30616588 5130054 1545180 39093466 28581233 10512233 55628 55628 65849227 62775408 2984885 88934 24887969 23208484 872255 807230 0 6564741 5503486 298389 762866 31215137 29930553 949731 334853 0 57785218 50430215 5437774 1917229 2379149 1219321 1159828 CONSULTANTS 28166101 22670643 4886922 608536 EQUIPMENT 13546861 13344023 167593 35245 MEAL PLAN AND FOOD COST 20277162 20273001 4161 PUB, BOOKS, & SUBSCRIPTIONS 12482808 10927423 1365837 189548 59240831 55117434 3865397 258000 1254829773 1145510272 88166888 21152613 78537000 95389000 237228000 286421000 99468000 105466000 50897000 60370000 1800000 1800000 0 0 33627000 33217000 0 0 15061000 15901000 1833044000 662618000 1095328000 1170426000 504035000 494312000 382678000 379573000 0 0 0 0 153602000 100770000 2652261000 2743645000 149169000 165901000 4644000 6559000 67584000 71253000 779592000 762979000 0 0 0 0 170875000 168600000 900000 900000 104306000 109073000 1277070000 1285265000 X 944548000 999381000 231461000 239860000 199182000 219139000 1375191000 1458380000 2652261000 2743645000 X 113202892 -16749892 -13264000 X false true X true true true X 122376000 165358991 136157007 156697000 154284000 734872998 0 0 122376000 165358991 136157007 156697000 154284000 734872998 10083929 724789069 18126650 17700666 17396199 24096006 26780733 104100254 0 103565 57065 72629 126354 106254 465867 839439119 5095038482 0.86342 0.86891 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 370000 false true 16818 386818 false Schedule C, Part II-B, Line 1 The University retains legal counsel and other firms and employs staff who perform occasional lobbying activities. The University also pays membership dues to membership organizations which may engage in lobbying activities. Lobbying activities are focused on the interests of Northeastern University (including scientific research & student aid), its students and the higher education industry. During Fiscal Year 2015, payments for these services totaled $386,818. 779720000 22807000 21491000 22126000 7529000 1737000 792626000 671710000 29751000 105372000 21756000 3942000 1415000 779720000 618924000 13438000 66081290 21862000 3426000 1445290 671710000 611478000 34072000 -280000 22502000 2353000 1491000 618924000 532487000 11705000 93060000 23780000 601000 1393000 611478000 0.57660 0.40510 0.01830 false false 23443000 23443000 1471248000 433481000 1037767000 338353000 229137000 109216000 1170426000 PRIVATE EQUITY 115870000 F HEDGE FUNDS 227391000 F OTHER ALTERNATIVE INVESTMENTS 20590000 F OTHER INVESTMENTS 15722000 F 379573000 0 CAPITAL LEASE 27936000 INTEREST RATE SWAP AGREEMENTS 52264000 FEDERALLY FUNDED LOANS 28873000 109073000 X SCHEDULE D, PART V, LINE 4 SPENDING POLICY INCOME FROM QUASI ENDOWMENT FUNDS ARE TO BE USED AS DESIGNATED BY THE BOARD OF TRUSTEES FOR OPERATIONS. TERM ENDOWMENTS ARE TO BE USED AS PER THE DONOR WISHES UPON TERMINATION OF THE CONTRACT. SPENDING POLICY INCOME FROM TRUE ENDOWMENT FUNDS ARE TO BE USED AS SET FORTH BY THE DONOR. CURRENTLY THESE FUNDS PRIMARILY SUPPORT SCHOLARSHIPS AND PROFESSORSHIPS. SCHEDULE D, PART X, LINE 2 GAAP requires that Northeastern evaluate tax positions taken by the University and recognize a tax liability (or asset) if the University has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service ("IRS"). The University has analyzed the tax positions taken and has concluded that as of June 30, 2015, there are no significant uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. true true true true true true true false false false false false false false false true false true RACIALLY NONDISCRIMINATORY POLICY SCHEDULE E, LINE 3 THE UNIVERSITY PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY IN THE LEGAL NOTICE SECTION OF LOCAL NEWSPAPERS, IN UNIVERSITY PUBLICATIONS AND ADVERTISEMENTS, ONLINE, AND VIA EMAIL. GOVERNMENTAL AID OR ASSISTANCE SCHEDULE E, LINE 6A THE UNIVERSITY RECEIVES FINANCIAL ASSISTANCE FOR ITS FINANCIAL AID PROGRAMS FROM VARIOUS PROGRAMS OF THE DEPARTMENT OF EDUCATION AND THE DEPARTMENT OF HEALTH AND HUMAN SERVICES. true Central America and the Caribbean Program Services CONFERENCE/Workshops 14275 Central America and the Caribbean Program Services Program Development 406830 Central America and the Caribbean Program Services Recruiting 26752 Central America and the Caribbean Program Services Study Abroad 127012 East Asia and the Pacific Program Services CONFERENCE/Workshops 118468 East Asia and the Pacific Program Services Program Development 440907 East Asia and the Pacific Program Services Recruiting 82466 East Asia and the Pacific Program Services Research 15371 East Asia and the Pacific Program Services Study Abroad 3600842 Europe (Including Iceland and Greenland) Program Services CONFERENCE/Workshops 335336 Europe (Including Iceland and Greenland) Program Services Program Development 2247940 Europe (Including Iceland and Greenland) Program Services Recruiting 105327 Europe (Including Iceland and Greenland) Program Services Research 63167 Europe (Including Iceland and Greenland) Program Services Study Abroad 12657767 Middle East and North Africa Program Services CONFERENCE/Workshops 8257 Middle East and North Africa Program Services Program Development 114243 Middle East and North Africa Program Services Recruiting 9427 Middle East and North Africa Program Services Research 17904 Middle East and North Africa Program Services Study Abroad 17878 North America Program Services CONFERENCE/Workshops 80112 North America Program Services Program Development 178500 North America Program Services Recruiting 24118 North America Program Services Research 4506 North America Program Services Study Abroad 43314 Russia and the Newly Independent States Program Services CONFERENCE/Workshops 5640 Russia and the Newly Independent States Program Services Program Development 8599 Russia and the Newly Independent States Program Services Research 1224 South America Program Services CONFERENCE/Workshops 20368 South America Program Services Program Development 294260 South America Program Services Recruiting 23925 South America Program Services Research 16974 South America Program Services Study Abroad 136998 South Asia Program Services CONFERENCE/Workshops 21276 South Asia Program Services Program Development 231124 South Asia Program Services Recruiting 6105 South Asia Program Services Research 3466 Sub-Saharan Africa Program Services CONFERENCE/Workshops 7399 Sub-Saharan Africa Program Services Program Development 377395 Central America and the Caribbean Investments 64833153 East Asia and the Pacific Investments 529934 Europe (Including Iceland and Greenland) Investments 87290312 20374387 154174484 174548871 North America Sub-Award 20996 CHECK Europe (Including Iceland and Greenland) SUB-AWARD 126438 CHECK East Asia and the Pacific SUB-AWARD 22659 CHECK Europe (Including Iceland and Greenland) SUB-AWARD 20000 CHECK Middle East and North Africa SUB-AWARD 49871 CHECK East Asia and the Pacific SUB-AWARD 47500 CHECK South America SUB-AWARD 13025 CHECK 4 3 true false true true true false SCHEDULE F, PART I, LINE 2 NORTHEASTERN UNIVERSITY (NU) HAS A FULL TIME EMPLOYEE TO MONITOR SUBAWARDS AND NU FOLLOWS FEDERAL REGULATIONS AS PART OF THE SUBRECIPIENT MONITORING UNDER A-133 (now Uniform Guidance 2 CFR 200). NU REVIEWS THE FEDERAL AUDIT CLEARINGHOUSE AND INSTITUTION'S A-133 REPORTS. DESK REVIEWS ARE PERFORMED AND PRINCIPAL INVESTIGATORS APPROVE ALL INVOICES. 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GreenZone Solutions 3507 Nutley Street Fairfax VA 22031 273314850 57086 Sub-award HF Webster Engineering Services 525 University Loop Ste 211 Rapid City SD 57701 208291879 257271 Sub-Award Harvard Pilgrim Health Care 133 Brookline Ave Boston MA 02215 042452600 501(C)(3) 23334 SUB-AWARD Harvard School of Public Health 677 Huntington Ave Boston MA 02115 042103580 501(C)(3) 24698 SUB-AWARD Indiana University 509 E 3rd Street Bloomington IN 47401 356001673 115 184510 Sub-award Institute for Science and International Security 236 Massachusetts Ave NE 500 Washington DC 20002 521809804 501(C)(3) 145172 SUB-AWARD Interdisciplinary Scientific Research PO Box 15110 Seattle WA 98115 753050164 19207 Sub-award International Association of Chiefs of Po 515 N Washington St Alexandria VA 22314 530227813 501(C)(3) 81758 SUB-AWARD Los Alamos National Laboratory 1112 Plaza Del Norte Espanola NM 87532 742853972 115 306683 Sub-Award Louisiana State University Baton Ro 359 Third Street Baton Rouge LA 70801 726000848 501(C)(3) 38266 SUB-AWARD March Of Dimes Foundation 1275 Mamaroneck Avenue White Plains NY 10605 131846366 501(C)(3) 26087 Sub-Award Mass Institute Of Technology 77 Massachusetts Ave Cambridge MA 02139 042103594 501(C)(3) 427592 SUB-AWARD Massachusetts General Hospital 55 Fruit Street Boston MA 02114 042697983 501(C)(3) 343668 SUB-AWARD McLean Hospital 115 Mill Street Belmont MA 02478 042697983 115 212388 Sub-award Meridian Institute 1800 M Street NW Suite 400N Washington DC 20036 042697981 501(C)(3) 324958 Sub-award Michigan State University 301 Admin Bldg East Lansing MI 48824 386005984 115 255467 SUB-AWARD MTC Technologies Inc 4032 Linden Ave Dayton OH 45432 020593816 19377 Sub-award Museum of Science Science Park Boston MA 02114 042103916 501(C)(3) 211212 Sub-Award Nanoal 8025 Lamon Ave 446 Skokie IL 60077 462925449 99306 Sub-award National Opinion Research Center 55 E Monroe St 20th Fl Chicago IL 60603 362167808 501(C)(3) 69470 Sub-award Nemours Children's Clinic 10140 Centurn Pkwy Jacksonville FL 32256 590634433 501(C)(3) 5169 Sub-Award Nemucore Medical Innovations Inc 33 Kirkland Circle Wellesley MA 02481 261903758 501(C)(3) 115596 Sub-Award New Mexico State University 2850 N Weddell Las Cruces NM 88001 856000401 115 175963 Sub-award Nissan Technical Center North America PO Box 9200 Farmington MI 48338 992108010 262022 Sub-award NORC 225 Friend St Boston MA 02114 362167808 501(C)(3) 31998 Sub-award Oregon Health and Science University 3181 SW Sam Jackson Park Rd Portland OR 97239 931176109 115 172616 Sub-award Pacific Biosciences of California 1505 Adams Drive Menlo Park CA 94025 161590339 40297 Sub-Award Pennsylvania State University 408 Old Main St University Park PA 16802 246000376 115 7202 SUB-AWARD President & Fellows of Harvard Coll 1350 Massachusetts Ave Cambridge MA 02138 042103580 501(C)(3) 140185 SUB-AWARD Purdue University 1065 Freehafer Hall West Lafayette IN 47907 356002041 501(C)(3) 556338 Sub-Award Rapiscan Lab 2805 Columbia Street Torrance CA 90503 770468140 31779 Sub-award Regents of University of Michigan 3089 Wolverine Tower Ann Arbor MI 48109 386006309 115 471715 Sub-award Rensselaer Polytechnic Institute 110 8th Street Troy NY 12180 141340095 501(C)(3) 221802 Sub-Award Research Foundation for Mental Hygiene 150 Broadway Menands NY 12204 141410842 501(C)(3) 42317 SUB-AWARD Research Foundation of SUNY at Buffalo 402 Crofts Hall Buffalo NY 14260 131988190 501(C)(3) 335853 Sub-award Rhode Island Dept of Administration 88 Howard St Ste D New London CT 06320 542071158 115 17959 Sub-award Rowan University 201 Mullica Hill Rd Glassboro NJ 08028 222764819 115 20961 Sub-Award San Jose State University Research 210 N Fourth St 4th Floor San Jose CA 95112 946017638 501(C)(3) 105730 Sub-Award Scripps Research Institute 10550 N Torrey Pines Rd San Diego CA 92037 330435954 501(C)(3) 86277 Sub-Award SemiConductor Research Corp 1101 Slater Rd STE120 Durham NC 27703 581483645 32180 Sub-Award Silent Spring Institute 29 Crafts St Newton MA 02458 043237106 501(C)(3) 20848 Sub-Award Simmons College 300 The Fenway Boston MA 02115 042103629 501(C)(3) 13009 SUB-AWARD Simons Foundation 160 Fifth Ave 7th Floor New York NY 10010 133794889 501(C)(3) 149369 SUB-AWARD Simpson Gumpertz & Heger Inc 41 Seyon St Waltham MA 02453 042256923 6847 Sub-Award South End Community Health Ctr 1601 Washington St Boston MA 02118 042456134 501(C)(3) 96000 Sub-award Township of Wayne 475 Valley Rd Wayne NJ 07470 226002384 115 126306 Sub-award Township of West Orange 66 Main St West Orange NJ 07052 226002396 115 24050 SUB-AWARD Tufts University 169 Holland Street Somerville MA 02144 042103634 501(C)(3) 526861 SUB-AWARD Tuskegee University Kresge Center Tuskegee AL 36088 630288878 501(C)(3) 76755 Sub-award University of California 10920 Wilshire Blvd Los Angeles CA 90024 946002123 115 211906 Sub-Award University of Colorado 633 17th Street Denver CO 80202 840644739 115 78495 Sub-Award University of Connecticut Health Ce 263 Farmington Ave Farmington CT 06032 521725543 115 24113 SUB-AWARD University of Florida 219 Grinter POBox115500 Gainesville FL 32611 596002052 115 234623 Sub-award University of Hawaii 2530 Dole Street Honolulu HI 99164 996000354 115 83890 SUB-AWARD University of Houston 4800 Calhoun Rd Houston TX 77004 746001399 115 21168 Sub-award University of Kansas 1450 Jayhawk Blvd Lawrence KS 66045 480680117 501(C)(3) 11036 Sub-award University of Massachusetts Lowell 600 Suffolk Street Lowell MA 01854 043167352 115 523252 Sub-award University of Minnesota 200 Osk Street Minneapolis MN 55455 416007513 115 38181 SUB-AWARD University of New Hampshire 51 College Road Durham NH 03824 026000937 115 133616 Sub-award University of New Mexico 1700 Lomas NE Albuquerque NM 87131 856000642 115 342981 Sub-award University Of North Carolina 104 Airport Drive Chapel Hill NC 27599 566001393 115 38315 Sub-award University Of Notre Dame 415 Main bldg Notre Dame IN 46556 350868188 501(C)(3) 328072 Sub-award University of Puerto Rico 1187 Flamboyan St San Juan PR 00926 660177776 115 819021 Sub-award University Of Rhode Island 70 Lower College Road Kingston RI 02881 223011455 115 559050 SUB-AWARD University of South Florida 4202 East Fowler Ave Tampa FL 33620 593102112 115 75313 SUB-AWARD University of Tennessee 1st Floor State Capitol Nashville TN 37243 626001445 115 88793 Sub-Award University of Texas Austin 111 East 17th Street Austin TX 78774 746000089 115 123571 SUB-AWARD University of Utah 2110 State Office bldg Salt Lake City UT 84114 876000545 115 286723 Sub-award University of Virginia PO Box 400194 Charlottesville VA 22903 546001796 501(C)(3) 70683 SUB-AWARD University of Washington PO Box 43113 Olympia WA 98504 916001089 115 203970 Sub-award University of Wisconsin 600 Highland Avenue Madison WI 53792 391835630 115 48027 Sub-award Vanderbilt University 2201 West End Ave Nashville TN 37235 620476822 501(C)(3) 8627 Sub-award Virginia Institute of Marine Science 1208 Greate Rd Gloucester Point VA 99164 542027915 115 46149 SUB-AWARD WMKeck Foundation 550 S Hope St 2500 Los Angeles CA 90071 956092354 501(C)(3) 57307 Sub-Award Washington State University PO Box 64133 Pullman WA 99164 916033434 115 102461 Sub-award Wayne State University 42 W Warren Ave Detroit MI 48202 386028429 501(C)(3) 21559 Sub-Award West Virginia University One Waterfront Place Morgantown WV 26506 550665758 115 60051 Sub-award Western Michigan University 3081 Seibert Admin Bldg Kalamazoo MI 49008 386007327 115 8746 SUB-AWARD 83 12 Student Financial Aid 14296 266062761 COST TUITION OFFSET SCHEDULE I, PART I, LINE 2 GRANT FUNDING IS AWARDED TO STUDENTS BY STUDENT FINANCIAL SERVICES WITHIN ESTABLISHED BUDGET LEVELS BASED ON UNIVERSITY POLICIES. GRANT FUNDS ARE CREDITED TO INDIVIDUAL STUDENT ACCOUNTS ELECTRONICALLY. STUDENT FINANCIAL SERVICES WORKS WITH ADVANCEMENT STAFF TO ENSURE THAT RESTRICTED FUNDS ARE AWARDED WITHIN ESTABLISHED CRITERIA, AND WITH FINANCE STAFF TO DETERMINE AVAILABILITY OF FUNDS. STUDENT FINANCIAL SERVICES MAINTAINS INTERNAL POLICIES AND PROCEDURES FOR THE CORRECT AWARDING AND ADJUSTING OF INSTITUTIONAL FUNDS. ANNUAL AUDITS ARE CONDUCTED TO ASSURE COMPLIANCE WITH ALL POLICIES AND PROCEDURES. NORTHEASTERN UNIVERSITY (NU) HAS A FULL TIME EMPLOYEE TO MONITOR SUBAWARDS. - NU FOLLOWS FEDERAL REGULATIONS AS PART OF THE SUBRECIPIENT MONITORING UNDER A-133 (now Uniform Guidance 2 CFR 200). - NU REVIEWS THE FEDERAL AUDIT CLEARINGHOUSE AND INSTITUTION'S A-133 REPORTS (now Uniform Guidance 2 CFR 200). - DESK REVIEWS ARE PERFORMED, AND PRINCIPAL INVESTIGATORS APPROVE ALL INVOICES. X X X X true true X X X X X false true false false false false false true true true JOSEPH E AOUN PRESIDENT/TRUSTEE 755306 0 120000 0 77139 0 102500 0 137969 0 1192914 0 0 0 PHILOMENA V MANTELLA SVP & CEO NU GLOBAL NETWORK 432877 0 39400 0 37702 0 92250 0 3874 0 606103 0 0 0 DIANE N MACGILLIVRAY SR VP OF UNIV. ADVANCEMENT 420311 0 39800 0 25947 0 92667 0 26109 0 604834 0 0 0 MICHAEL A ARMINI SENIOR VP - EXTERNAL AFFAIRS 316511 0 30400 0 13270 0 59333 0 25842 0 445356 0 0 0 STEPHEN W DIRECTOR PROVOST & SVP ACADEMIC AFFAIRS 513081 0 65000 0 91869 0 67667 0 31557 0 769174 0 0 0 RALPH C MARTIN II SR VP & GENERAL COUNSEL 490965 0 58080 0 37420 0 67667 0 10572 0 664704 0 0 0 THOMAS NEDELL SVP FINANCE AND TREASURER 409862 0 40000 0 23906 0 26000 0 25230 0 524998 0 0 0 STEVEN KADISH SVP & COO 454597 0 45320 0 37989 0 26000 0 22977 0 586883 0 0 0 NANCY MAY VP - FACILITIES 228642 0 4000 0 3299 0 23494 0 13213 0 272648 0 0 0 JANE BROWN VP - ENROLLMENT MGMT 279378 0 0 0 9745 0 26000 0 23655 0 338778 0 0 0 NADINE AUBRY DEAN - COLLEGE OF ENGINEERING 391572 0 0 0 91075 0 26000 0 22822 0 531469 0 0 0 HUGH COURTNEY DEAN D'AMORE-MCKIM SCHL OF BUS 360614 0 0 0 12422 0 26000 0 28187 0 427223 0 0 0 TERRY FULMER DEAN-BOUVE' COLL OF HEALTH SCI 359788 0 0 0 13584 0 26000 0 2979 0 402351 0 0 0 JOHN LABRIE DEAN-CPS & VP-PROF EDUCATION 258249 0 0 0 2237 0 26000 0 27495 0 313981 0 0 0 MARC H MEYER SHILLMAN PROF-ENTREPRENEURSHIP 269586 0 0 0 404583 0 26000 0 2780 0 702949 0 0 0 ALEXANDROS MAKRIYANNIS PROFESSOR & BEHRAKIS CHAIR 352361 0 0 0 189719 0 26000 0 1785 0 569865 0 0 0 ALBERT-LASZLO BARABASI UNIV. DISTINGUISHED PROFESSOR 316242 0 0 0 174831 0 26000 0 25621 0 542694 0 0 0 WILLIAM COEN HEAD COACH MEN'S BASKETBALL 504541 0 0 0 26473 0 26000 0 22914 0 579928 0 0 0 MARIO MALETTA SR ASSOC DEAN-ACADEMIC PROGRAM 256504 0 0 0 200269 0 26000 0 22521 0 505294 0 0 0 JOHN H MCCARTHY SR ADVISOR TO THE PRESIDENT 364845 0 30000 0 20297 0 26000 0 7806 0 448948 0 0 0 ALLEN SOYSTER PROFESSOR 104314 0 0 0 2128 0 11090 0 18143 0 135675 0 0 0 DAVID LUZZI EXEC DIR STRATEGIC SECURITY 329472 0 0 0 10195 0 26000 0 26660 0 392327 0 0 0 HARRY LANE PROFESSOR 193241 0 0 0 77483 0 20311 0 27361 0 318396 0 0 0 STEPHEN ZOLOTH PROFESSOR 309023 0 0 0 10284 0 26000 0 27929 0 373236 0 0 0 SCHEDULE J, PART I, LINE 1 THE UNIVERSITY WILL APPROVE BUSINESS CLASS AIR TRAVEL (OR FIRST CLASS IF BUSINESS CLASS IS NOT AVAILABLE) FOR THE PRESIDENT AS APPROPRIATE. TRAVEL FOR BUSINESS PURPOSES IS NOT INCLUDED IN TAXABLE WAGES. THE PRESIDENT HAS AUTHORITY TO APPROVE FIRST CLASS / BUSINESS CLASS TRAVEL IF NECESSARY IN CERTAIN CIRCUMSTANCES FOR INDIVIDUALS LISTED IN SCHEDULE J, PART II. THE PRESIDENT, THE PROVOST & SENIOR VICE PRESIDENT OF ACADEMIC AFFAIRS, AND THE SENIOR VICE PRESIDENT OF UNIVERSITY ADVANCEMENT ARE THE ONLY LISTED INDIVIDUALS WHO USED FIRST CLASS / BUSINESS CLASS TRAVEL DURING THE YEAR ENDED JUNE 30, 2015. THE PRESIDENT'S SPOUSE TRAVELS ON OCCASION WITH THE PRESIDENT WHEN NECESSARY FOR BUSINESS PURPOSES AND UPON APPROVAL OF THE CHAIRMAN OF THE BOARD. TRAVEL FOR BUSINESS PURPOSES IS NOT INCLUDED IN TAXABLE WAGES. HOUSING IS PROVIDED FOR THE PRESIDENT AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER AND IS NOT INCLUDED IN TAXABLE WAGES. A HOUSING ALLOWANCE IS PROVIDED TO THE PROVOST & SENIOR VICE PRESIDENT FOR ACADEMIC AFFAIRS AND IS INCLUDED IN TAXABLE WAGES. SHORT-TERM HOUSING WAS TEMPORARILY PROVIDED TO THE SENIOR VICE PRESIDENT & CEO FOR NU GLOBAL NETWORK AND WAS INCLUDED IN TAXABLE WAGES. SOCIAL CLUB DUES ARE PROVIDED FOR THE PRESIDENT. USE OF THE SOCIAL CLUB IS FOR BUSINESS PURPOSES ONLY AND DUES ARE NOT INCLUDED IN TAXABLE WAGES. SCHEDULE J, PART I, LINE 4B CERTAIN INDIVIDUALS PARTICIPATE IN LONG TERM INCENTIVE PLANS UNDER WHICH A DEFERRED PAYMENT IS AWARDED CONTINGENT ON CONTINUED EMPLOYMENT AND/OR ACHIEVEMENT OF CERTAIN CRITICAL UNIVERSITY GOALS. AMOUNTS ACCRUED BUT NOT PAID IN THE YEAR ARE REPORTED ON FORM 990, SCHEDULE J, PART II, COLUMN C AS DEFERRED COMPENSATION. THERE WERE NO INDIVIDUALS WHO RECEIVED PAYMENTS UNDER LONG TERM INCENTIVE PLANS IN 2014. Schedule J, Part I, Line 7 Payments which are part of a Variable pay plan are included in SCHEDULE J, PART II, COLUMN B, THE SECTION FOR REPORTING BONUS AND INCENTIVE COMPENSATION. THIS PLAN IS BASED ON ACHIEVEMENT OF PRE-ESTABLISHED GOALS. IT IS APPROVED BY THE BOARD OF TRUSTEES FOR THE PRESIDENT AND OTHER OFFICERS. OTHER EMPLOYEES HAVE RECEIVED BONUSES WHICH ARE AWARDED TO A LIMITED NUMBER OF EMPLOYEES FOR EXCEPTIONAL CONTRIBUTIONS. Schedule J, Part I, Line 8 THE PROVOST & SENIOR VICE PRESIDENT FOR ACADEMIC AFFAIRS HAD A LONG TERM CONTRACT, WHICH COVERED HIM DURING 2014. Schedule J, Part II ALLEN SOYSTER, PROFESSOR, IS LISTED AS "FORMER" DUE TO PREVIOUSLY SERVING AS INTERIM DEAN. STEVEN ZOLOTH, PROFESSOR, IS LISTED AS "FORMER" DUE TO PREVIOUSLY SERVING AS DEAN - BOUVE' COLLEGE. DAVID LUZZI, PROFESSOR AND EXECUTIVE DIRECTOR, STRATEGIC SECURITY INITIATIVE MECHANICAL AND INDUSTRIAL ENGINEERING, IS LISTED AS "FORMER" DUE TO PREVIOUSLY SERVING AS DEAN - ENGINEERING. HARRY LANE, PROFESSOR, IS LISTED AS "FORMER" DUE TO PREVIOUSLY SERVING AS ACTING DEAN. JOHN H MCCARTHY, SENIOR ADVISOR TO THE PRESIDENT, IS LISTED AS "FORMER" DUE TO PREVIOUSLY SERVING AS SENIOR VICE PRESIDENT FOR ADMINISTRATION AND FINANCE. A MHEFA SERIES R 042456011 57586c2z7 2008-05-22 92267988 REFUND SERIES N BONDS false false false B MHEFA SERIES T 042456011 57586cz57 2008-05-22 210795125 REFUND SERIES P BONDS false false false C MHEFA SERIES Y 042456011 57586efe6 2009-02-05 64431595 NEW PROJECT/REFUND SERIES F,H,K, false false false D MHEFA SERIES 2010A 042456011 57584eth4 2010-03-18 266921019 REFUND SERIES I,Q,U,W false false false A 14217380 0 92267998 0 0 0 396998 0 3771000 0 88100000 0 true false true true B 4040599 0 225893991 0 8470410 0 1078308 0 0 0 209716817 0 2010 true false true true C 19549595 0 66093741 0 1517334 0 536194 0 0 38000000 25895401 0 2010 true false true true D 44091899 0 266921019 0 0 0 1281074 0 34652829 0 230987116 0 true false true true A 0 B false true true true false 0.03640 0.00000 0.03640 false false false true C false true true true false 0.02760 0.00440 0.03200 false false false true D 0 A false false true true false false 0 false false false 0 false true B false false true true true false 0 false false false 0 false true C false false true true false false 0 false false false 0 false true D false false true true false false 0 false false false 0 false true A true B true C true D true SCHEDULE K, PART VI PART I, LINE B, COLUMN (E) IN APRIL 2012, SERIES T-2 BONDS FOR $70,000,000 WERE CONVERTED TO FULLY REGISTERED FIXED RATE BONDS IN THE AGGREGATE PRINCIPAL AMOUNT OF $66,315,000 WITH A FINAL MATURITY DATE IN OCTOBER 2037. THE BALANCE OF THE INITIAL AGGREGATE PRINCIPAL AMOUNT OF THE SERIES T-2 BONDS IN THE AMOUNT OF $3,685,000 WAS CANCELLED IN APRIL 2012. BOND ISSUANCE COSTS OF $395,335 ARE RECORDED IN PREPAID EXPENSES AND OTHER ASSETS AND WILL BE AMORTIZED OVER THE LIFE OF THE RESPECTIVE BONDS. THE SERIES T-2 BONDS WERE REMARKETED WITH A PREMIUM TOTALING $4,080,335 WHICH IS RECORDED IN LONG-TERM DEBT. THE PREMIUM WILL BE AMORTIZED USING THE EFFECTIVE INTEREST METHOD OVER THE LIFE OF THE RESPECTIVE BONDS. IN FEBRUARY 2012, SERIES T-1 BONDS FOR $70,000,000 WERE CONVERTED TO FULLY REGISTERED FIXED RATE BONDS IN THE AGGREGATE PRINCIPAL AMOUNT OF $63,260,000 WITH A FINAL MATURITY DATE IN OCTOBER 2037. THE BALANCE OF THE INITIAL AGGREGATE PRINCIPAL AMOUNT OF THE SERIES T-1 BONDS IN THE AMOUNT OF $6,740,000 WAS CANCELLED IN FEBRUARY 2012. BOND ISSUANCE COSTS OF $399,790 ARE RECORDED IN PREPAID EXPENSES AND OTHER ASSETS AND WILL BE AMORTIZED OVER THE LIFE OF THE RESPECTIVE BONDS. THE SERIES T-1 BONDS WERE REMARKETED WITH A PREMIUM TOTALING $7,139,790 WHICH IS RECORDED IN LONG-TERM DEBT. THE PREMIUM WILL BE AMORTIZED USING THE EFFECTIVE INTEREST METHOD OVER THE LIFE OF THE RESPECTIVE BONDS. PART I, LINE A, COLUMN (F) MHEFA SERIES R REFUNDED SERIES N BONDS WHICH WERE ISSUED JANUARY 23, 2003. PART I, LINE B, COLUMN (F) MHEFA SERIES T REFUNDED SERIES P BONDS WHICH WERE ISSUED JULY 18, 2007. PART I, LINE C, COLUMN (F) MHEFA SERIES Y (I) FINANCED THE CONSTRUCTION OF A DORMITORY, RENOVATIONS TO VARIOUS ACADEMIC AND ATHLETIC FACILITIES, AND MISCELLANEOUS FURNITURE AND EQUIPMENT ACQUISITIONS, AND (II) REFUNDED SERIES F, H, AND K BONDS WHICH WERE ISSUED JULY 6, 1999, JULY 9, 1998, AND JULY 11, 2000, RESPECTIVELY. PART I, LINE D, COLUMN (F) MHEFA SERIES 2010(A) REFUNDED SERIES I, Q, U, AND W. * SERIES I BONDS WERE ISSUED MAY 26, 1999 TO FINANCE VARIOUS CAPITAL PROJECTS. * SERIES Q BONDS WERE ISSUED MAY 28, 2008 FOR THE PURPOSE OF REFUNDING THE SERIES L BONDS WHICH WERE ISSUED JANUARY 25, 2001 TO FINANCE VARIOUS CAPITAL PROJECTS. * SERIES U BONDS WERE ISSUED JULY 31, 2008 FOR THE PURPOSE OF REFUNDING THE SERIES M BONDS WHICH WERE ISSUED JULY 3, 2002. SERIES M BONDS WERE ISSUED FOR THE PURPOSE OF REFUNDING THE SERIES E BONDS WHICH WERE ISSUED APRIL 1992. * SERIES W BONDS WERE ISSUED DECEMBER 17, 2008 FOR THE PURPOSE OF REFUNDING THE SERIES G BONDS WHICH WERE ISSUED APRIL 1998 TO FINANCE VARIOUS CAPITAL PROJECTS. PART I, LINE A, COLUMN (F) MDFA SERIES 2012 REFUNDED SERIES S BONDS WHICH WERE ISSUED MAY 22, 2008. PART I, LINE B, COLUMN (F) MDFA SERIES 2014A WERE ISSUED JANUARY 23, 2014 TO FINANCE VARIOUS CAPITAL PROJECTS. PART II, LINE 3 - TOTAL PROCEEDS OF ISSUE MHEFA SERIES T - PROCEEDS REPORTED ON LINE 3 INCLUDES $8,470,410 OF CAPITALIZED INTEREST AND $6,628,456 OF INVESTMENT EARNINGS. ACTUAL PROCEEDS OF ISSUE IS $210,000,000. MHEFA SERIES Y - PROCEEDS REPORTED ON LINE 3 INCLUDES $1,517,334 OF CAPITALIZED INTEREST AND $144,812 OF INVESTMENT EARNINGS. ACTUAL PROCEEDS OF ISSUE IS $64,431,595. MDFA SERIES 2014A - PROCEEDS REPORTED ON LINE 3 INCLUDES $9,970,894 OF CAPITALIZED INTEREST AND $726,567 OF INVESTMENT EARNINGS. ACTUAL PROCEEDS OF ISSUE IS $150,000,000. PART II, LINE 9 - WORKING CAPITAL WORKING CAPITAL CONSISTS OF BOND PROCEEDS USED TO FINANCE TERMINATION PAYMENTS DUE TO SWAP COUNTERPARTIES. PART IV, LINE 2C, COLUMN (A) - DATE REBATE CALCULATION WAS PERFORMED MHEFA SERIES R - JULY 16, 2015 PART IV, LINE 2C, COLUMN (B) - DATE REBATE CALCULATION WAS PERFORMED MHEFA SERIES T - JULY 16, 2015 PART IV, LINE 2C, COLUMN (C) - DATE REBATE CALCULATION WAS PERFORMED MHEFA SERIES Y - JULY 16, 2015 PART IV, LINE 2C, COLUMN (D) - DATE REBATE CALCULATION WAS PERFORMED MHEFA SERIES 2010A - JULY 16, 2015 PART IV, LINE 2C, COLUMN (A) - DATE REBATE CALCULATION WAS PERFORMED MDFA SERIES 2012 - JULY 16, 2015 PART IV, LINE 2C, COLUMN (B) - DATE REBATE CALCULATION WAS PERFORMED MDFA SERIES 2014A - JULY 16, 2015 PART IV, LINE 4 - HEDGE THE UNIVERSITY HAS ENTERED INTO AN INTEREST RATE SWAP AGREEMENT WITH AIG FOR BOND ISSUE MHEFA SERIES T TO MANAGE THE INTEREST COST AND VARIABLE RATE RISK ASSOCIATED WITH ITS OUTSTANDING DEBT. THE INTEREST RATE SWAP AGREEMENT WAS NOT IDENTIFIED ON THE BOOKS AND RECORDS OF THE ISSUER OR THE INSTITUTION AND WERE NOT IDENTIFIED TO BE TREATED AS A "QUALIFYING HEDGE" WITH RESPECT TO THE SERIES T BONDS. THE INTEREST RATE SWAP AGREEMENT WAS NOT ENTERED INTO FOR TRADING OR SPECULATIVE PURPOSES. UNDER THE TERMS OF THE AGREEMENT, THE UNIVERSITY PAYS A FIXED RATE, DETERMINED AT INCEPTION, TO A THIRD PARTY WHO IN TURN PAYS THE UNIVERSITY A VARIABLE RATE ON THESE RESPECTIVE NOTIONAL PRINCIPAL AMOUNTS. THERE IS NO COLLATERAL POSTING REQUIREMENT FOR THE UNIVERSITY RELATED to the swap with aig. A MDFA SERIES 2012 043431814 57583usro 2012-09-13 58405024 REFUND SERIES S false false false B MDFA Series 2014A 043431814 57583ua81 2014-01-23 152658416 CONSTRUCTION false false false A 536879 0 58405024 0 0 0 430024 0 0 0 57975000 0 true false true true B 58816 0 163355877 0 9970894 0 1060898 0 0 56473731 0 95123787 false false false true A false false false false 0 false false false true B false false false false 0 false false false true A false true true true false false 0 false false false 0 false true B false true true true false false 0 false false false 0 false true A true B true Stephen W Director Officer Home Loan X 2000000 1800000 false true true 1800000 Geoffrey Trussell TRUSTEE CHAD GIFFORD 244715 NU EMPLOYEE false NICKOLAS AVERY OFFIC. PHILOMENA MANTELLA 53189 NU EMPLOYEE false X 1 0 APPRAISAL X 42 1251096 MARKET VALUE X EQUIPMENT 14 2250455 MARKET VALUE 2 false true false SCHEDULE M, PART I, COLUMN (B) NORTHEASTERN UNIVERSITY REPORTED THE NUMBER OF CONTRIBUTIONS. SCHEDULE M, PART I, LINE 33 NORTHEASTERN UNIVERSITY'S ACCOUNTING POLICY STATES THAT NO REVENUE IS TO BE RECOGNIZED FOR GIFTS IN KIND UNLESS THERE IS AN IDENTIFIABLE USEFUL LIFE OR DETERMINABLE MARKET VALUE. ALL GIFTS IN KIND ARE REVIEWED TO DETERMINE IF THEY MEET EITHER CRITERIA. Mission Statement Form 990, Parts I and III, line 1 To educate students for a life of fulfillment and accomplishment. To create and translate knowledge to meet global and societal needs. This mission inspires members of the University community in whatever they do - as students and scholars, as teachers and researchers, as mentors, as administrators, and as leaders. Northeastern's commitment to this mission is focused in three areas of distinction where the university can have the greatest effect on the lives of students and the wider world: experiential learning, use-inspired research, and global impact. By concentrating its energy in these areas, Northeastern is best positioned to set priorities, make decisions, and focus resources that allow the institution to achieve its goals as a leader in higher education. Form 990, Part III, Line 4d Other program services consist of: Research, academic support, student services, and other student aid. Form 990, Part VI, Line 1a PURSUANT TO THE BYLAWS, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS AUTHORIZED TO ACT WITH THE FULL AUTHORITY OF THE BOARD OF TRUSTEES IN THE MONTHS IN WHICH THE FULL BOARD DOES NOT MEET. All members of the Board of Trustees who are not appointed to serve on the Executive Committee shall be authorized to serve as alternates to the Executive Committee with full voting authority. The Secretary shall be authorized to select an alternate whenever a member notifies the Secretary of his or her inability to attend any regular or special meeting of the Executive Committee. A majority of the members of the Executive Committee, including any alternate(s), shall constitute a quorum for any meeting of the Executive Committee. Form 990, Part VI, Line 2 Edward G. Galante Alan S. McKim Business Relationship Form 990, Part VI, Line 7a & 7b Members of the Corporation have the responsibility of electing members of the Corporation and the Board of Trustees. THE CHAIRMAN OF THE BOARD OF TRUSTEES HAS THE AUTHORITY TO APPOINT ONE EMERITUS/MEMBER ON AN ANNUAL BASIS TO SERVE AS A VOTING TRUSTEE. Form 990, Part VI, Line 11B The University's Form 990 review process is a collaborative effort. The core Form 990 and related schedules were reviewed by four committees of the Board of Trustees, senior management, an independent compensation consultant and a paid tax preparer. All feedback from the above parties was incorporated in the form. The Form 990 as filed is provided to the full board prior to filing with the IRS. Form 990, Part VI, Line 12c ANNUALLY, THE UNIVERSITY'S COMPLIANCE DEPARTMENT, REPORTING TO SENIOR VICE PRESIDENT AND GENERAL COUNSEL, ELECTRONICALLY DISTRIBUTES THE NORTHEASTERN UNIVERSITY CONFLICT OF INTEREST AND COMMITMENT DISCLOSURE FORM TO FACULTY AND STAFF. THE COMPLETED FORMS ARE REVIEWED BY THE COMPLIANCE DEPARTMENT AND RELEVANT COLLEGE AND ADMINISTRATIVE MANAGEMENT. FOLLOW UP FOR CLARIFICATION IS CARRIED OUT WHERE NECESSARY AND THE APPROPRIATE UNIT DEAN, VICE-PRESIDENT OR DIRECTOR IS RESPONSIBLE FOR REVIEWING THE IDENTIFIED CONFLICTS AND RESOLVING THOSE CONFLICTS APPROPRIATELY. BOTH THE FACULTY AND STAFF CONFLICT OF INTEREST AND COMMITMENT POLICIES ARE ON THE UNIVERSITY'S WEBSITE. A PARALLEL PROCESS IS CARRIED OUT ANNUALLY BY THE OFFICE OF THE BOARD OF TRUSTEES, REPORTING TO THE SENIOR VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT, FOR THE UNIVERSITY'S SENIOR LEADERSHIP AND BOARD OF TRUSTEES. THE POLICY REQUIRES THAT ALL TRUSTEES, OFFICERS AND OTHER GOVERNING BOARD MEMBERS WHO SERVE ON STANDING COMMITTEES ARE REQUIRED TO ADHERE TO A POLICY WHICH REQUIRES DISCLOSURE IN ADVANCE OF ANY CONFLICT; NON-PARTICIPATION IN DECISIONS REGARDING THE POTENTIAL CONFLICT; AND AN ANNUAL REPORTING OF ANY CONFLICTS FOR PERSONAL OR THIRD PARTY INVOLVEMENT. THE FINAL DISCLOSURE FORMS ARE REVIEWED BY A SUBCOMMITTEE OF THE BOARD'S TRUSTEESHIP COMMITTEE AND ANY CONFLICTS THAT REQUIRE RESOLUTION ARE BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD AND UNIVERSITY MANAGEMENT FOR RESOLUTION. Form 990, Part VI, Lines 15a & 15b NORTHEASTERN UNIVERSITY FOLLOWS A CAREFULLY DEFINED PROCESS FOR REVIEWING SENIOR EXECUTIVE COMPENSATION LEVELS. THE POSITIONS INCLUDED IN THIS PROCESS DURING 2014 ARE THE PRESIDENT, PROVOST AND SENIOR VICE PRESIDENT FOR ACADEMIC AFFAIRS, SENIOR VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT, SENIOR VICE PRESIDENT AND CEO FOR NU GLOBAL NETWORK, SENIOR VICE PRESIDENT AND CHIEF OPERATING OFFICER, SENIOR VICE PRESIDENT FOR FINANCE AND TREASURER, SENIOR VICE PRESIDENT FOR EXTERNAL AFFAIRS, AND SENIOR VICE PRESIDENT & GENERAL COUNSEL. OTHER POSITIONS INCLUDING, BUT NOT LIMITED TO, DEANS MAY BE INCLUDED EACH YEAR. THIS PROCESS EMBRACES THE BEST PRACTICES UTILIZED IN THE HIGHER EDUCATION INDUSTRY. IN 2014, A COMPETITIVE PAY ASSESSMENT WAS CONDUCTED BY A THIRD PARTY INDEPENDENT COMPENSATION CONSULTING FIRM, USING MULTIPLE MARKET REFERENCES, INCLUDING SURVEYS REPRESENTING SIMILAR UNIVERSITIES AND OTHER RELEVANT LABOR MARKETS (AS APPLICABLE FOR CERTAIN POSITIONS). THE ASSESSMENT IS BASED ON PEER REFERENCES THAT REFLECT OTHER UNIVERSITIES OF SIMILAR SIZE AND PROMINENCE WITH WHICH NORTHEASTERN COMPETES FOR EXECUTIVE TALENT. THE INDEPENDENT CONSULTANT ALSO PROVIDED ADDITIONAL PROPRIETARY COMPENSATION MARKET DATA AND AN ASSESSMENT OF THE REASONABLENESS OF THE DATA. THE COMPENSATION COMMITTEE CONSISTS OF THE CHAIRMAN OF THE BOARD OF TRUSTEES, ALSO SERVING AS THE CHAIR, ALONG WITH FIVE OTHER INDEPENDENT TRUSTEE MEMBERS. THIS COMMITTEE HAS CONTINUED TO ENGAGE TOWERS WATSON AS ITS INDEPENDENT COMPENSATION CONSULTANT, WITH THE EXPECTATION THAT ITS PROCESSES AND PROCEDURES WOULD CONTINUE TO EVOLVE TO REFLECT EMERGING BEST PRACTICES. THE COMPETITIVE PAY ASSESSMENT AND INDEPENDENT CONSULTANT REVIEW WERE PROVIDED TO THE PRESIDENT FOR HIS USE IN MAKING SALARY AND BONUS RECOMMENDATIONS TO THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOR THE POSITIONS INCLUDED IN THE PROCESS, EXCLUDING HIS OWN. THE PRESIDENT'S RECOMMENDATIONS TO THE COMPENSATION COMMITTEE TAKE INTO CONSIDERATION THE MARKET INFORMATION, AS WELL AS THE RESULTS OF A FORMAL ANNUAL PERFORMANCE ASSESSMENT PROCESS BASED ON PRE-DETERMINED GOALS AND OBJECTIVES. THE COMPENSATION COMMITTEE REVIEWED THE COMPETITIVE INFORMATION AND THE RESULTS OF THE PERFORMANCE ASSESSMENT PROCESS PRESENTED BY THE PRESIDENT, DISCUSSED POTENTIAL CHANGES, AND VOTED TO APPROVE THE FINAL RECOMMENDATIONS, WHICH WERE THEN PRESENTED TO THE FULL BOARD OF TRUSTEES. THE BOARD ALSO VOTED TO APPROVE THE RECOMMENDATIONS. THESE DISCUSSIONS AND RESULTING APPROVALS ARE DOCUMENTED IN THE MINUTES OF EACH MEETING. IN DETERMINING THE PRESIDENT'S COMPENSATION, THE INDEPENDENT CONSULTANT PROVIDED THE RESULTS OF THE MARKET PAY ASSESSMENT FOR THE PRESIDENT DIRECTLY TO THE COMMITTEE. THE COMMITTEE ALSO CONDUCTED A FORMAL PERFORMANCE ASSESSMENT OF THE PRESIDENT, UTILIZING PRE-DETERMINED GOALS AND OBJECTIVES. THE COMMITTEE THEN DISCUSSED POTENTIAL CHANGES TO THE PRESIDENT'S COMPENSATION BASED ON THE MARKET DATA AND THE RESULTS OF THE PERFORMANCE ASSESSMENT, AND PRESENTED ITS RECOMMENDATIONS TO THE FULL BOARD OF TRUSTEES FOR THEIR APPROVAL. THE BOARD VOTED TO APPROVE THE RECOMMENDATIONS. THESE DISCUSSIONS AND RESULTING APPROVALS ARE DOCUMENTED IN THE MINUTES OF EACH MEETING. Form 990, Part VI, Line 19 Original hard copy Financial Statements and Governing documents are available upon request. The Conflict of interest policy and the annual financial statements are available via the internet at www.NEU.EDU. FORM 990, PART VII, COLUMN (A) ALLEN SOYSTER, PROFESSOR, IS LISTED AS "FORMER" DUE TO PREVIOUSLY SERVING AS INTERIM DEAN. STEVEN ZOLOTH, PROFESSOR, IS LISTED AS "FORMER" DUE TO PREVIOUSLY SERVING AS DEAN - BOUVE' COLLEGE. DAVID LUZZI, PROFESSOR AND EXECUTIVE DIRECTOR, STRATEGIC SECURITY INITIATIVE MECHANICAL AND INDUSTRIAL ENGINEERING, IS LISTED AS "FORMER" DUE TO PREVIOUSLY SERVING AS DEAN - ENGINEERING. HARRY LANE, PROFESSOR, IS LISTED AS "FORMER" DUE TO PREVIOUSLY SERVING AS ACTING DEAN. JOHN H MCCARTHY, SENIOR ADVISOR TO THE PRESIDENT, IS LISTED AS "FORMER" DUE TO PREVIOUSLY SERVING AS SENIOR VICE PRESIDENT FOR ADMINISTRATION AND FINANCE. Form 990, Part VII, Column (B) 40 hours constitutes a full-time equivalent employee at Northeastern University. Form 990, Part XI, Line 9 SWAP ADJUSTMENT ($13,264,000) Renaissance Park Garage LLC 1209 Orange St Wilmington DE 19801 043480384 Parking svcs DE 2009541 17241807 NORTHEASTERN NU Research LLC 360 Huntington Ave Boston MA 02115 170388661 Research Ctr MA 0 NORTHEASTERN NU Innovation LLC 360 Huntington Ave Boston MA 02115 270388561 Research Ctr MA 0 NORTHEASTERN George J Kostas Research Institute Suite 250 CP 360 Huntington Avenue Boston MA 02115 465228806 Research Ctr MA 326000 NORTHEASTERN NU Housing Corporation c/o NU 716 Columbus Ave Boston MA 02120 260874402 Real Estate MA 501(C)(3) 9 NORTHEASTERN true The Mass Green High Perf Computing Ctr 77 Mass Ave Cambridge MA 02139 273014805 Research Ctr MA 501(C)(3) 11A-I NA false MGHPCC Holyoke Inc 77 Mass Ave CAMBRIDGE MA 02139 452257442 RESEARCH CTR MA 501(C)(3) 11A-I NA false Azland Inc c/o NU 360 Huntington Avenue Boston MA 02115 042454917 Real Estate DE NORTHEASTERN C Corp 23562 221099 1.00000 true Charitable Remainder Trust (1) INVESTING CA NORTHEASTERN TRUST true Charitable Remainder Trust (1) INVESTING ME NORTHEASTERN TRUST true Charitable Remainder Trust (12) INVESTING MA NORTHEASTERN TRUST true Charitable Remainder Trust (3) INVESTING NH NORTHEASTERN Trust true Pooled Income Trust (1) INVESTING MA NORTHEASTERN TRUST true Perpetual Trust (1) INVESTING MA Northeastern Trust true Perpetual Trust (1) Investing ME Northeastern Trust true false false false false false false false false false false false false false false false false false false false