PACE UNIVERSITY: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- PACE UNIVERSITY (EIN 13-5562314)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-03-26
- IRS object ID
- 201510859349300331
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-03-26T14:11:28-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 MADISON AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135562314 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PACE UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ROBERT C ALMON | InCareOfNm |
| Business Name Control | PACE | BusinessNameControlTxt |
| Phone | 2123461227 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PACE PLAZA | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100381598 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANGELIQUE M DIAZ | PersonNm |
| Person Title | ASSISTANT CONTROLLER | PersonTitleTxt |
| Phone | 9149232379 | PhoneNum |
| Signature | 2015-03-26 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STEPHEN J FRIEDMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PACE PLAZA | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100381598 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $603,749,050 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PACE.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1906 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | PACE UNIVERSITY CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF ITS QUALIFIED AND DIVERSE STUDENT POPULATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 5622 | TotalEmployeeCnt |
| Total Volunteers | 119 | TotalVolunteersCnt |
| Total Gross UBI | -$8,031 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$36,781 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $16,573,280 | PYContributionsGrantsAmt |
| CY Contributions Grants | $16,475,558 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $430,413,585 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $444,839,836 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,521,354 | PYInvestmentIncomeAmt |
| CY Investment Income | $28,822,291 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,731,597 | PYOtherRevenueAmt |
| CY Other Revenue | $2,850,619 | CYOtherRevenueAmt |
| PY Total Revenue | $456,239,816 | PYTotalRevenueAmt |
| CY Total Revenue | $492,988,304 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $130,396,880 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $136,727,532 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $192,428,239 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $203,866,468 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $502,875 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $273,031 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,553,222 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $126,330,536 | PYOtherExpensesAmt |
| CY Other Expenses | $125,508,517 | CYOtherExpensesAmt |
| PY Total Expenses | $449,658,530 | PYTotalExpensesAmt |
| CY Total Expenses | $466,375,548 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,581,286 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $26,612,756 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $477,836,641 | TotalAssetsBOYAmt |
| Total Assets EOY | $593,137,972 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $317,016,848 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $408,784,234 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $160,819,793 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $184,353,738 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PACE UNIVERSITY EDUCATES STUDENTS TO BE "THINKING PROFESSIONALS", HIGHLY SOUGHT AFTER AS INNOVATORS AND SUCCESSFUL LEADERS WHO POSITIVELY IMPACT TWENTY-FIRST CENTURY SOCIETY. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $123,317,436 | ExpenseAmt |
| Revenue | $374,578,828 | RevenueAmt |
| Desc | INSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $136,727,532 | ExpenseAmt |
| Grant | $136,727,532 | GrantAmt |
| Revenue | $3,864,474 | RevenueAmt |
| Desc | SCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $54,606,406 | ExpenseAmt |
| Revenue | $53,474,811 | RevenueAmt |
| Desc | AUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)
| ExpenseExpenseAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|
| $46,449,395 | $5,829,148 | ACADEMIC SUPPORT |
| $41,965,940 | $5,512,133 | STUDENT SERVICES |
| $4,429,431 | $1,580,442 | RESEARCH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $92,844,766 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $12,921,723 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $407,496,140 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 402 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 5622 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT C ALMON | PersonNm |
| Phone | 2123461227 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PACE UNIVERSITY235 ELM ROAD | AddressLine1 |
| City | BRIARCLIFF MANOR | City |
| State | NY | State |
| ZIP Code | 10510 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (55 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| MARK M BESCA | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| ANIELLO A BIANCO | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| PHILIP F BLESER | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| CHRISTOPHER A EDWARDS | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| JOHN A GERSON | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| CYNTHIA GREER GOLDSTEIN | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| BARRY M GOSIN | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| BRIDGET-ANNE HAMPDEN | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| JAMES E HEALEY | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| CHARLES N JORDAN JR | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| SURESH MUNSHANI | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| EDWARD F MURPHY | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| JOHN T O'CONNOR | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| MICHAEL O'REILLY | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| DAVID J PECKER | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| BARBARA ANN PORCEDDU | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| THOMAS J QUINLAN | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| CAROL RAPHAEL | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| JACK J RIBEIRO | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| JOSEPH F RYAN | |||||||||
| TRUSTEE, FT FACULTY MEMBER | 1.0 | Yes (X) | $206,145 | $59,463 | |||||
| JACK L SALZMAN | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| IVAN G SEIDENBERG | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| MARIE J TOULANTIS | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| RICHARD F ZANNINO | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| SUSAN S WALLACH | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| NANCY A GARVEY PHD | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| JOSEPH IANNIELLO | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| PHOTEINE M ANAGNOSTOPOULOS | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | |||||
| STEPHEN J FRIEDMAN | |||||||||
| PRESIDENT | 40.0 | Yes (X) | $642,864 | $43,939 | Yes (X) | ||||
| HAROLD O LEVY | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | 0.0 | ||||
| ROBERT C ALMON | |||||||||
| EVP AND CFO | 40.0 | $255,146 | $25,961 | Yes (X) | |||||
| UDAY SUKHATME | |||||||||
| PROVOST & EVP ACADEMIC AFFAIRS | 40.0 | $374,350 | $37,337 | Yes (X) | |||||
| STEPHEN BRODSKY | |||||||||
| CORP SECRETARY & LEGAL COUNSEL | 40.0 | $208,280 | $50,374 | Yes (X) | |||||
| ELIZABETH GARTI | |||||||||
| ASSOCIATE VP FOR HR | 40.0 | $155,972 | $15,452 | Yes (X) | |||||
| THOMAS A HULL | |||||||||
| VP, INFORMATION TECHNOLOGY | 40.0 | $190,621 | $41,370 | Yes (X) | |||||
| ROBERT GM KEATING | |||||||||
| VP, STRATEGIC INITIATIVES | 40.0 | $226,232 | $25,156 | Yes (X) | |||||
| WILLIAM MCGRATH | |||||||||
| SVP AND CAO | 40.0 | $292,266 | $29,219 | Yes (X) | |||||
| JENNIFER BERNSTEIN | |||||||||
| VICE PRESIDENT FOR DEVELOPMENT | 40.0 | $202,610 | $52,641 | Yes (X) | |||||
| MATTEO RENNA | |||||||||
| ASSOCIATE VP FOR HR | 40.0 | $154,751 | $44,680 | Yes (X) | |||||
| ROBINA C SCHEPP | |||||||||
| VICE PRESIDENT FOR ENROLLMENT | 40.0 | $246,623 | $25,201 | Yes (X) | |||||
| TOBY R WINER | |||||||||
| EVP AND CFO | 40.0 | $253,692 | $25,019 | Yes (X) | |||||
| THOMAS M BRADY | |||||||||
| TREASURER | 40.0 | $165,610 | $17,166 | Yes (X) | |||||
| FREDERICA N WALD | |||||||||
| VP AND CHIEF MARKETING OFFICER | 40.0 | $198,368 | $16,832 | Yes (X) | |||||
| CHRISTOPHER V ELARDE | |||||||||
| INTERIM CIO | 40.0 | $132,433 | $35,961 | Yes (X) | |||||
| NEAL S BRAUN | |||||||||
| DEAN, LUBIN SCHOOL OF BUSINESS | 40.0 | $335,432 | $36,492 | Yes (X) | |||||
| HARRIET R FELDMAN | |||||||||
| DEAN, COLLEGE OF HEALTH PROFS | 40.0 | $267,189 | $28,281 | Yes (X) | |||||
| NIRA HERRMANN | |||||||||
| DEAN, DYSON COLLEGE | 40.0 | $307,446 | $27,711 | Yes (X) | |||||
| ANDREA M SPENCER | |||||||||
| DEAN, SCHOOL OF EDUCATION | 40.0 | $185,499 | $36,383 | Yes (X) | |||||
| MICHELLE S SIMON | |||||||||
| DEAN, SCHOOL OF LAW | 40.0 | $400,371 | $36,608 | Yes (X) | |||||
| AMAR GUPTA | |||||||||
| DEAN, SEIDENBERG SCHOOL | 40.0 | $348,695 | $55,685 | Yes (X) | |||||
| JOHN NOLON | |||||||||
| PROFESSOR, LAW SCHOOL | 40.0 | $272,983 | $67,428 | Yes (X) | |||||
| BERNARD H NEWMAN | |||||||||
| PROFESSOR, LUBIN SCHOOL | 40.0 | $358,915 | $21,948 | Yes (X) | |||||
| CHARLES D MASIELLO | |||||||||
| PROFESSOR, DYSON COLLEGE | 40.0 | $297,045 | $34,169 | Yes (X) | |||||
| LILLIE M SHORTRIDGE-BAGGETT | |||||||||
| PROFESSOR, LIENHARD SCHOOL | 40.0 | $268,115 | $19,876 | Yes (X) | |||||
| MICHAEL SZENBERG | |||||||||
| PROFESSOR, LUBIN SCHOOL | 40.0 | $429,301 | $19,228 | Yes (X) | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,376,954 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $929,580 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 387 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ABM JANITORIAL SVCS NORTHEAST INC | |||||
| 551 Fifth Avenue Suite 300 | NEW YORK | NY | 10176 | CLEANING SERVICES | $9,108,846 |
| EINHORN YAFFE PRESCOTT AE PC | |||||
| 257 FULLER ROAD 1ST FLOOR | ALBANY | NY | 12203 | ARCHITECTURE SERVICE | $2,494,487 |
| WINFIELD SECURITY CORP | |||||
| 57 WEST 38TH STREET | NEW YORK | NY | 10018 | SECURITY SERVICES | $5,644,797 |
| KIRCHOFF-CONSIGLI CONSTRUCTION MGMT | |||||
| 199 WEST ROAD SUITE 100 | PLEASANT VALLEY | NY | 12569 | CONSTRUCTION SERVICE | $2,492,417 |
| CHARTWELLS DINING SERVICE | |||||
| 303 CROSSWAYS PARK DRIVE | WOODBURY | NY | 11797 | FOOD SERVICES | $10,571,597 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 150 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Fundraising | $1,104,644 | FundraisingAmt |
| Government Grants | $7,721,458 | GovernmentGrantsAmt |
| All Other Contributions | $7,649,456 | AllOtherContributionsAmt |
| Noncash Contributions | $1,363,962 | NoncashContributionsAmt |
| Total Contributions | $16,475,558 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 900099 | $387,487,983 | $387,487,983 |
| DORMITORY RENTALS | 900099 | $43,807,000 | $43,807,000 |
| FOOD SERVICE REVENUE | 900099 | $9,644,231 | $9,644,231 |
| ACADEMIC ACTIVITIES | 900099 | $3,286,798 | $3,286,798 |
| BOOKSTORE COMMISSIONS | 900099 | $350,000 | $350,000 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $263,824 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $263,824 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $444,839,836 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,198,263 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$8,031 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,206,294 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$74,785 | TotalRevenueColumnAmt |
| Exclusion | -$74,785 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $70,000 | TotalRevenueColumnAmt |
| Exclusion | $70,000 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,238,662 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,228,412 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $10,250 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,250 | TotalRevenueColumnAmt |
| Exclusion | $10,250 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $134,647,961 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $107,949,148 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $26,698,813 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,698,813 | TotalRevenueColumnAmt |
| Exclusion | $26,698,813 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $280,291 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $583,186 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$302,895 | TotalRevenueColumnAmt |
| Exclusion | -$302,895 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| NON-PROGRAM REVENUE | 900099 | $2,415,528 | $2,415,528 |
| INVESTMENTS IN FUNDS HELD BY TRUSTEE | 900099 | $2,618 | $2,618 |
| ATHLETIC MEMBERSHIP | 900099 | $655,118 | $655,118 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,073,264 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $492,988,304 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $444,839,836 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$8,031 | UnrelatedBusinessRevenueAmt |
| Exclusion | $31,680,941 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,727,532 | TotalAmt |
| Program Services | $136,727,532 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,420,118 | TotalAmt |
| Program Services | $2,661,749 | ProgramServicesAmt |
| Management And General | $3,356,332 | ManagementAndGeneralAmt |
| Fundraising | $402,037 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,478,065 | TotalAmt |
| Program Services | $121,250,742 | ProgramServicesAmt |
| Management And General | $20,503,445 | ManagementAndGeneralAmt |
| Fundraising | $2,723,878 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,970,040 | TotalAmt |
| Program Services | $8,367,186 | ProgramServicesAmt |
| Management And General | $1,414,887 | ManagementAndGeneralAmt |
| Fundraising | $187,967 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,554,539 | TotalAmt |
| Program Services | $27,320,840 | ProgramServicesAmt |
| Management And General | $4,619,941 | ManagementAndGeneralAmt |
| Fundraising | $613,758 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,443,706 | TotalAmt |
| Program Services | $8,596,590 | ProgramServicesAmt |
| Management And General | $1,633,018 | ManagementAndGeneralAmt |
| Fundraising | $214,098 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $582,110 | TotalAmt |
| Program Services | $26,361 | ProgramServicesAmt |
| Management And General | $553,049 | ManagementAndGeneralAmt |
| Fundraising | $2,700 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $297,929 | TotalAmt |
| Management And General | $297,929 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $273,031 | TotalAmt |
| Fundraising | $273,031 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $602,174 | TotalAmt |
| Management And General | $602,174 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,498,886 | TotalAmt |
| Program Services | $5,633,571 | ProgramServicesAmt |
| Management And General | $2,633,726 | ManagementAndGeneralAmt |
| Fundraising | $231,589 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,421,109 | TotalAmt |
| Program Services | $3,626,824 | ProgramServicesAmt |
| Management And General | $511,881 | ManagementAndGeneralAmt |
| Fundraising | $282,404 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,562,775 | TotalAmt |
| Program Services | $6,444,504 | ProgramServicesAmt |
| Management And General | $3,934,324 | ManagementAndGeneralAmt |
| Fundraising | $183,947 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,657,040 | TotalAmt |
| Program Services | $764,227 | ProgramServicesAmt |
| Management And General | $1,788,109 | ManagementAndGeneralAmt |
| Fundraising | $104,704 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,230,526 | TotalAmt |
| Program Services | $48,472,839 | ProgramServicesAmt |
| Management And General | $7,757,687 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,367,704 | TotalAmt |
| Program Services | $4,664,836 | ProgramServicesAmt |
| Management And General | $483,989 | ManagementAndGeneralAmt |
| Fundraising | $218,879 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $723,382 | TotalAmt |
| Program Services | $532,526 | ProgramServicesAmt |
| Management And General | $177,582 | ManagementAndGeneralAmt |
| Fundraising | $13,274 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,258,972 | TotalAmt |
| Program Services | $3,928,639 | ProgramServicesAmt |
| Management And General | $330,333 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,997,804 | TotalAmt |
| Program Services | $10,835,119 | ProgramServicesAmt |
| Management And General | $1,162,685 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,103,934 | TotalAmt |
| Program Services | $691,684 | ProgramServicesAmt |
| Management And General | $407,250 | ManagementAndGeneralAmt |
| Fundraising | $5,000 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MEALS COSTS&STUDENT ACTIVITY | $10,269,600 | $9,630,030 | $568,791 | $70,779 |
| LIBRARY BOOK PURCHASES | $2,108,978 | $2,091,974 | $17,004 | $0 |
| EQUIPMENT REPAIR SERVICE EXP | $2,835,103 | $2,371,014 | $464,089 | $0 |
| MISC EXPENSES | $2,990,491 | $2,857,353 | $107,961 | $25,177 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $466,375,548 | TotalAmt |
| Program Services | $407,496,140 | ProgramServicesAmt |
| Management And General | $53,326,186 | ManagementAndGeneralAmt |
| Fundraising | $5,553,222 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,421,002 | BOYAmt |
| EOY | $11,183,992 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,845,608 | BOYAmt |
| EOY | $10,604,842 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,044,833 | BOYAmt |
| EOY | $9,097,049 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,146,825 | BOYAmt |
| EOY | $12,882,717 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,621 | BOYAmt |
| EOY | $41,621 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,814,525 | BOYAmt |
| EOY | $6,649,708 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $446,370,755 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $164,723,268 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $269,309,259 | BOYAmt |
| EOY | $281,647,487 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $121,910,971 | BOYAmt |
| EOY | $73,236,910 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,960,243 | BOYAmt |
| EOY | $86,559,341 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,341,754 | BOYAmt |
| EOY | $101,234,305 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $477,836,641 | BOYAmt |
| EOY | $593,137,972 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,756,619 | BOYAmt |
| EOY | $46,078,534 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,725,794 | BOYAmt |
| EOY | $12,841,700 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,764,323 | BOYAmt |
| EOY | $18,312,485 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,869,721 | BOYAmt |
| EOY | $201,469,455 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,670,000 | BOYAmt |
| EOY | $34,130,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,230,391 | BOYAmt |
| EOY | $95,952,060 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $317,016,848 | BOYAmt |
| EOY | $408,784,234 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,864,584 | BOYAmt |
| EOY | $9,942,479 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,961,052 | BOYAmt |
| EOY | $95,910,910 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,994,157 | BOYAmt |
| EOY | $78,500,349 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,819,793 | BOYAmt |
| EOY | $184,353,738 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $477,836,641 | BOYAmt |
| EOY | $593,137,972 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $26,612,756 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$3,193,137 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $114,326 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $3,470 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $1,764 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $5,234 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE C, PART II-B, QUESTIONS 1(B),1(G) | LOBBYING IS NOT A SUBSTANTIAL PART OF PACE UNIVERSITY'S OVERALL BUDGET. PACE UNIVERSITY ENGAGES IN INSUBSTANTIAL LEGISLATIVE ADVOCACY AT THE FEDERAL LEVEL AND MODEST ACTIVITY AT THE NEW YORK STATE AND NEW YORK CITY LEVELS. THE UNIVERSITY'S LOBBYISTS OCCASIONALLY ADVOCATE FOR APPROPRIATIONS FOR PROGRAMS OF IMPORTANCE TO THE UNIVERSITY. PACE UNIVERSITY RECEIVES FUNDING FOR STUDENT AID FROM THE STATE OF NEW YORK AND THE FEDERAL GOVERNMENT. THE AMOUNT AND CONTINUATION OF THESE FUNDS ARE NOT GUARANTEED. THE MAJORITY OF THE UNIVERSITY'S EFFORTS ARE RELATED TO ACTIVITIES SUPPORTING STUDENT AID. THE UNIVERSITY HAS CONDUCTED MINIMAL LOBBYING ACTIVITIES RELATED TO HIGHER EDUCATION ISSUES, ISSUES THAT AFFECT PACE'S DAY TO DAY OPERATIONS, AND OTHER ISSUES RELATED TO OUR ORGANIZATIONAL MISSION. THE UNIVERSITY ALSO ENGAGES IN LEGISLATIVE ADVOCACY RELATING TO DOMESTIC RELATIONS ISSUES (IN CONNECTION WITH PACE'S WOMEN'S JUSTICE CENTER) AND ENVIRONMENTAL ISSUES(IN CONNECTION WITH PACE'S LAND USE LAW CENTER). |
| SCHEDULE C, PART II-B, QUESTION 1(I) | UNIVERSITY STUDENTS PARTICIPATE IN ANNUAL LOBBY DAY ACTIVITIES ORGANIZED BY CICU (COMMISSION FOR INDEPENDENT COLLEGES AND UNIVERSITIES), DURING WHICH THE STUDENTS, ACCOMPANIED BY OUR REGISTERED LOBBYISTS, MEET WITH ELECTED OFFICIALS TO DISCUSS THE IMPORTANCE OF STATE FINANCIAL AID AND OTHER ISSUES. |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $1 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $137,634,274 | BeginningYearBalanceAmt |
| Contributions | $1,661,201 | ContributionsAmt |
| Investment Earnings Or Losses | $25,363,075 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,729,002 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,647,473 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $157,282,075 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $121,762,155 | BeginningYearBalanceAmt |
| Contributions | $2,427,072 | ContributionsAmt |
| Investment Earnings Or Losses | $16,795,741 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,986,567 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,364,127 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $137,634,274 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $124,108,887 | BeginningYearBalanceAmt |
| Contributions | $2,493,401 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,963,147 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,296,268 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,580,718 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $121,762,155 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $102,527,976 | BeginningYearBalanceAmt |
| Contributions | $3,441,952 | ContributionsAmt |
| Investment Earnings Or Losses | $20,903,392 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,502,690 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,261,743 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $124,108,887 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $92,989,794 | BeginningYearBalanceAmt |
| Contributions | $3,605,979 | ContributionsAmt |
| Investment Earnings Or Losses | $8,484,805 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,141,470 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,411,132 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $102,527,976 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.06000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.47000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.47000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,659,093 | OtherCostOrOtherBasisAmt |
| Book Value | $12,659,093 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $323,990,844 | OtherCostOrOtherBasisAmt |
| Depreciation | $102,171,154 | DepreciationAmt |
| Book Value | $221,819,690 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $30,802,557 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,843,915 | DepreciationAmt |
| Book Value | $16,958,642 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $77,868,041 | OtherCostOrOtherBasisAmt |
| Depreciation | $48,708,199 | DepreciationAmt |
| Book Value | $29,159,842 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,050,220 | OtherCostOrOtherBasisAmt |
| Book Value | $1,050,220 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $281,647,487 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| COMMINGLED FUNDS | $28,381,471 | F |
| ALT INVESTMENTS - DIVERSIFIERS | $11,818,737 | F |
| ALT INVESTMENTS - GLOBAL EQU | $10,502,939 | F |
| ALT INVESTMENTS - INFLATION SE | $4,120,344 | F |
| ALT INVESTMENTS - LONG/SHORT | $17,597,950 | F |
| ALT INVESTMENTS - LLP, LLC | $14,137,900 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $86,559,341 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FUNDS HELD BY BOND TRUSTEES | Desc |
| Book Value | $101,234,305 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $101,234,305 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED RENTAL REVENUE | $5,665,178 |
| ACCRUED POSTRETIRE. BEN. OBLG. | $86,837,887 |
| ASSET RETIREMENT OBLIGATION | $3,448,995 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $95,952,060 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $355,391,385 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$3,193,137 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $114,326 | OtherRevenueAmt |
| Revenue Not Reported | -$3,078,811 | RevenueNotReportedAmt |
| Revenue Subtotal | $358,470,196 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $602,174 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $133,915,934 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $134,518,108 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $492,988,304 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $331,857,440 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $2,811,598 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,811,598 | ExpensesNotReportedAmt |
| Expenses Subtotal | $329,045,842 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $602,174 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $136,727,532 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $137,329,706 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $466,375,548 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART III, QUESTIONS 1A AND 4 | PACE UNIVERSITY HAS SEVERAL ART GALLERIES BETWEEN ITS PLEASANTVILLE AND NEW YORK CITY CAMPUSES THAT SERVE THE GENERAL STUDENT POPULATION WITH COURSES AND EXHIBITIONS. DONATED ARTWORK INCLUDES PHOTOGRAPHS, PAINTINGS AND SCULPTURES AND IS DISPLAYED ON VARIOUS INTERIOR AND EXTERIOR CAMPUS LOCATIONS AND IN SPECIAL EXHIBITIONS DESIGNED TO PROVIDE VISUAL LITERACY AS PART OF THE UNIVERSITY LEARNING EXPERIENCE. AS THE VALUE OF SUCH ART COLLECTIONS IS NOT MATERIAL TO THE UNIVERSITY AS A WHOLE, THE FOOTNOTES TO THE UNIVERSITY'S FINANCIAL STATEMENTS DO NOT INCLUDE RELATED TEXT. |
| SCHEDULE D, PART V, QUESTION 4 | The University's endowment consists of approximately 392 individual funds established for a variety of purposes, including support of scholarships, academic programs, academic chairs, student activities, research, institutional support and capital projects. Our endowment includes both donor restricted endowment funds and funds designated by the Board of Trustees to function as endowments (quasi endowments). The University's investments are managed to achieve the maximum prudent long term total return. The University's board of trustees has authorized a policy designed to preserve the value of these investments in real terms (after inflation) and provide a predictable flow of funds to support operations. |
| SCHEDULE D, PART X, LINE 2 | Based on our review of the University's activities and the tax advice received from PwC, we do not believe there are any uncertainties that would require a tax accrual at June 30, 2014. |
| SCHEDULE D, PART XI, LINE 2D | DESCRIPTION AMOUNT CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $ 114,326 |
| SCHEDULE D, PART XI, LINE 4B | DESCRIPTION AMOUNT SCHOLARSHIPS $136,727,532 RENT EXPENSES -$2,228,412 SPECIAL EVENTS EXPENSE -$583,186 _____________ $133,915,934 |
| SCHEDULE D, PART XII, LINE 2D | DESCRIPTION AMOUNT RENT EXPENSE $2,228,412 SPECIAL EVENTS EXPENSE $ 583,186 ____________ $2,811,598 |
| SCHEDULE D, PART XII, LINE 4B | DESCRIPTION AMOUNT SCHOLARSHIPS $136,727,532 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, QUESTION 3 | THE ENROLLMENT MARKETING TEAM AND THE UNIVERSITY'S RELATIONS MARKETING TEAM ARE FULLY KNOWLEDGEABLE OF THE REQUIREMENTS OF THE UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY AND ENSURE THAT APPROPRIATE POLICY LANGUAGE IS INCLUDED IN ALL PROMOTIONAL MATERIALS. |
| SCHEDULE E, PART I, QUESTION 6A | THE UNIVERSITY PARTICIPATES IN STUDENT FINANCIAL AID PROGRAMS THROUGH THE U.S. DEPARTMENT OF EDUCATION (PELL GRANT PROGRAM, PERKINS LOAN PROGRAM, DIRECT LOAN PROGRAM, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT PROGRAM, FEDERAL WORK STUDY PROGRAM, AS WELL AS OTHER SMALLER PROGRAMS) AND U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES (NURSING STUDENT LOAN PROGRAM AND SCHOLARSHIPS FOR DISADVANTAGED STUDENTS). |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 7 | Program Services | TRAVEL COURSES | $34,096 |
| South America | 6 | Program Services | TRAVEL COURSES | $9,265 |
| East Asia and the Pacific | 5 | Program Services | TRAVEL COURSES | $39,633 |
| East Asia and the Pacific | 4 | Fundraising | $90,281 | |
| Europe (Including Iceland and Greenland) | Program Services | STUDENT RECRUITMENT | $5,269 | |
| Europe (Including Iceland and Greenland) | 1 | Program Services | CONFERENCES, OTHER | $2,106 |
| East Asia and the Pacific | Program Services | STUDENT RECRUITMENT | $2,700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Employees | 23 | SubtotalEmployeesCnt |
| Total Employee | 23 | TotalEmployeeCnt |
| Subtotal Spent | $183,350 | SubtotalSpentAmt |
| Total Spent | $183,350 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)
| ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|
| TELECOMP TELEFUNDRAISING | ||||
| Tele- fundraising | false | $234,923 | $205,096 | $29,827 |
| HOSPITALITY RESOURCE GROUP SPECIAL | ||||
| STRATEGY & EXECUTION | Yes (true) | $272,408 | $38,000 | $234,408 |
| RUFFALO CODY LLC CONSULTING MARKE | ||||
| Tele- Fundraising | false | $63,568 | $29,935 | $33,633 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $570,899 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $273,031 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $297,868 | TotalNetToOrganizationAmt |
| Licensed States | NY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SOPA DINNER | NameOfEvent1Amt |
| Gross Receipts Event1 | $582,141 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $518,755 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $63,386 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $5,377 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $162,656 | RentFacilityCostsEvent1Amt |
| Entertainment Event1 | $23,135 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $124,063 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | PWJC DINNER | NameOfEvent2Amt |
| Gross Receipts Event2 | $222,320 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $153,163 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $69,157 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $4,178 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $1,400 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $38,299 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $20,147 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 8 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $580,474 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $432,726 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $147,748 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $8,663 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $25,700 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $93,749 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $75,819 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $1,384,935 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,104,644 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $280,291 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $18,218 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $189,756 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $132,048 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $23,135 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $220,029 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $583,186 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$302,895 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule G, Part I, Line 2b (iii) | FormAndLineReferenceDesc |
| Explanation | Hospitality Resource Group (HRG) receives gifts by mail (checks and credit card authorizations) directly for Pace University events from various donors. HRG overnights the checks and authorizations within three business days to the university's gift lockbox for deposit or charge (in the case of credit card authorizations). | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 8601 | RecipientCnt |
| Non Cash Assistance | $136,727,532 | NonCashAssistanceAmt |
| Valuation Method Used | BOOK | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION REDU | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY AWARDS FEDERAL AND STATE FINANCIAL AID FUNDS EACH YEAR BASED UPON A STUDENT'S FINANCIAL NEED. ADDITIONALLY, THE UNIVERSITY PROVIDES INSTITUTIONAL AID VIA UNIVERSITY GRANTS ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEED, AND OTHER STANDARDS. THE OFFICE OF FINANCIAL AID VERIFIES THE ACADEMIC ACHIEVEMENTS AND THE PERSONAL INCOME DATA PROVIDED FOR ON THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) OF EACH STUDENT TO DETERMINE THE AMOUNT OF AID AWARDED ON AN AS NEEDED BASIS. THE UNIVERSITY ALSO OFFERS SCHOLARSHIPS FUNDED THROUGH SPECIAL ENDOWMENTS AND DONATIONS, WHICH ARE AWARDED BASED ON SIMILAR STANDARDS AS WELL AS DONOR'S CRITERIA. THE OFFICES OF FINANCIAL AID AND FINANCE CONTINUOUSLY MONITOR STUDENT ELIGIBILITY FOR THESE AWARDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (27 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| JOSEPH F RYAN | ||||||
| TRUSTEE, FT FACULTY MEMBER | $205,749 | $0 | $396 | $43,953 | $15,510 | $265,608 |
| ROBERT C ALMON | ||||||
| EVP AND CFO | $242,000 | $0 | $13,146 | $22,860 | $3,101 | $281,107 |
| UDAY SUKHATME | ||||||
| PROVOST & EVP ACADEMIC AFFAIRS | $373,342 | $0 | $1,008 | $22,950 | $14,387 | $411,687 |
| STEPHEN BRODSKY | ||||||
| CORP SECRETARY & LEGAL COUNSEL | $208,277 | $0 | $3 | $26,014 | $24,360 | $258,654 |
| STEPHEN J FRIEDMAN | ||||||
| PRESIDENT | $533,577 | $100,000 | $9,287 | $22,950 | $20,989 | $686,803 |
| ELIZABETH GARTI | ||||||
| ASSOCIATE VP FOR HR | $148,388 | $0 | $7,584 | $11,221 | $4,231 | $171,424 |
| THOMAS A HULL | ||||||
| VP, INFORMATION TECHNOLOGY | $190,507 | $0 | $114 | $16,998 | $24,372 | $231,991 |
| ROBERT GM KEATING | ||||||
| VP, STRATEGIC INITIATIVES | $221,246 | $0 | $4,986 | $20,082 | $5,074 | $251,388 |
| WILLIAM MCGRATH | ||||||
| SVP AND CAO | $291,252 | $0 | $1,014 | $22,950 | $6,269 | $321,485 |
| JENNIFER BERNSTEIN | ||||||
| VICE PRESIDENT FOR DEVELOPMENT | $202,550 | $0 | $60 | $19,280 | $33,361 | $255,251 |
| MATTEO RENNA | ||||||
| ASSOCIATE VP FOR HR | $154,511 | $0 | $240 | $12,748 | $31,932 | $199,431 |
| ROBINA C SCHEPP | ||||||
| VICE PRESIDENT FOR ENROLLMENT | $246,359 | $0 | $264 | $22,172 | $3,029 | $271,824 |
| TOBY R WINER | ||||||
| EVP AND CFO | $221,867 | $0 | $31,825 | $22,500 | $2,519 | $278,711 |
| THOMAS M BRADY | ||||||
| TREASURER | $164,800 | $0 | $810 | $14,832 | $2,334 | $182,776 |
| FREDERICA N WALD | ||||||
| VP AND CHIEF MARKETING OFFICER | $198,104 | $0 | $264 | $4,500 | $12,332 | $215,200 |
| CHRISTOPHER V ELARDE | ||||||
| INTERIM CIO | $132,433 | $0 | $12,844 | $23,117 | $168,394 | |
| NEAL S BRAUN | ||||||
| DEAN, LUBIN SCHOOL OF BUSINESS | $335,036 | $0 | $396 | $36,492 | $371,924 | |
| HARRIET R FELDMAN | ||||||
| DEAN, COLLEGE OF HEALTH PROFS | $266,181 | $0 | $1,008 | $12,750 | $15,531 | $295,470 |
| NIRA HERRMANN | ||||||
| DEAN, DYSON COLLEGE | $306,300 | $0 | $1,146 | $22,950 | $4,761 | $335,157 |
| ANDREA M SPENCER | ||||||
| DEAN, SCHOOL OF EDUCATION | $184,797 | $0 | $702 | $17,020 | $19,363 | $221,882 |
| MICHELLE S SIMON | ||||||
| DEAN, SCHOOL OF LAW | $399,357 | $0 | $1,014 | $30,600 | $6,008 | $436,979 |
| AMAR GUPTA | ||||||
| DEAN, SEIDENBERG SCHOOL | $340,265 | $0 | $8,430 | $22,950 | $32,735 | $404,380 |
| JOHN NOLON | ||||||
| PROFESSOR, LAW SCHOOL | $271,747 | $0 | $1,236 | $52,717 | $14,711 | $340,411 |
| BERNARD H NEWMAN | ||||||
| PROFESSOR, LUBIN SCHOOL | $160,338 | $0 | $198,577 | $12,780 | $9,168 | $380,863 |
| CHARLES D MASIELLO | ||||||
| PROFESSOR, DYSON COLLEGE | $99,987 | $0 | $197,058 | $12,427 | $21,742 | $331,214 |
| LILLIE M SHORTRIDGE-BAGGETT | ||||||
| PROFESSOR, LIENHARD SCHOOL | $94,428 | $0 | $173,687 | $11,388 | $8,488 | $287,991 |
| MICHAEL SZENBERG | ||||||
| PROFESSOR, LUBIN SCHOOL | $183,050 | $0 | $246,251 | $17,030 | $2,198 | $448,529 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART VII AND SCHEDULE J | COMPENSATION TO TRUSTEE JOSEPH F. RYAN IS BASED ON HIS RESPECTIVE FACULTY POSITION HELD AT PACE UNIVERSITY DURING CALENDAR 2013 AND IS NOT RELATED TO HIS POSITION AS TRUSTEE. THE AVERAGE HOURS PER WEEK DISCLOSED PERTAINS TO HIS POSITION AS TRUSTEE. |
| PART VII AND SCHEDULE J | Mr. Almon separated from his position as University's Executive Vice President, Finance and Planning and Chief Financial Officer effective January 23, 2012. Subsequent to that date Mr. Almon served as Senior Advisor to the University's President. Mr. Almon was reappointed Executive Vice President, Finance and Planning and Chief Financial Officer effective September 1, 2013. |
| SCHEDULE J, PART I, LINE 1A AND 1B | Short Term housing allowances are occasionally provided per initial hiring agreements and are treated as taxable compensation. Chauffeur services are provided per employment contracts for University business; any personal travel expenses are treated as taxable compensation to the respective officer. Social club dues are paid in accordance with individual employment contracts or business considerations. |
| SCHEDULE J, PART I, LINE 7 | Certain officers earned non-fixed payments either based on successful completion of individual/divisional/university wide strategic and operational goals or based on additional responsibilities or roles. In addition, one officer receives a mileage stipend as part of his employment contract. All non-fixed payments paid by Pace University in Calendar year 2013 have been included in Part VII and Schedule J compensation reporting. |
| SCHEDULE J, PART I, LINE 4A | PACE UNIVERSITY PROVIDES SEVERANCE AGREEMENTS TO TERMINATED EMPLOYEES DEPENDENT UPON CIRCUMSTANCES OF TERMINATION. AGREEMENTS ARE EXECUTED VIA COLLABORATION OF OUR HUMAN RESOURCES AND LEGAL DEPARTMENTS, WHEREAS EMPLOYEES ARE PROVIDED THE OPTION OF ACCEPTING OR DECLINING THE TERMS AND CONDITIONS OF THE AGREEMENT. DURING THE 2013 REPORTING PERIOD, PACE UNIVERSITY EXECUTED ONE SEVERANCE AGREEMENT FOR AN OFFICER REPORTED ON FORM 990. PACE UNIVERSITY EXTENDED A VOLUNTARY INCENTIVE RETIREMENT PROGRAM TO ELIGIBLE FACULTY MEMBERS. UNDER THE TERMS AND CONDITIONS OF THE AGREEMENT, FOUR OF THE HIGHLY COMPENSATED EMPLOYEES REPORTED ON FORM 990 VOLUNTEERED TO PARTICIPATE IN THIS OFFERING. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| DORMITORY AUTHORITY OF THE STATE OF NY (DASNY) | ||||||||
| A | 146000293 | 649907JB9 | 2013-03-07 | $104,775,845 | FUND NEW CAPITAL PROJECTS | false | false | false |
| WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION | ||||||||
| B | 455135578 | 95737TBD7 | 2014-04-03 | $99,996,810 | FINANCE UNIVERSITY CONSTRUCTION | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $2,900,000 | $0 | $104,814,874 | $0 | $0 | $0 | $957,351 | $0 | $0 | $30,665,799 | $70,752,695 | $2,439,029 | 2017 | Yes (true) | false | false | Yes (true) |
| B | $0 | $0 | $99,939,308 | $0 | $1,181,303 | $0 | $1,947,304 | $0 | $0 | $245,474 | $0 | $97,746,530 | 2017 | false | false | false | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | Yes (true) | Yes (true) | 0 | false | false | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | Yes (true) | Yes (true) | 0 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||||
| A | false | false | false | false | false | false | false | 0 | false | Yes (true) |
| 0 | ||||||||||
| B | false | false | false | false | Yes (true) | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part II, LINE 3 | Total Proceeds of Issue Column A For the Dormitory Authority Of the State Of New York Bond 2013A-- the amount on Line 3 represents original issuance costs of $104,775,845 (including $95,840,000 of principal and $8,935,845 of premium) and accumulated earnings on the related construction fund through June 30, 2014 of $39,029. The outstanding Bond balance at June 30, 2014 was $101,467,350, which includes $95,840,000 of principal and unamortized premium of $8,527,350. Column B for the Westchester County Local Development Corporation Bond 2014A and B-the amount on Line 3 represents original issuance cost of $100,590,000 less the accumulated loss of $57,502 and the original discount of $593,190. The outstanding Bond balance at June 30, 2014 was $100,002,105 which includes $100,590,000 of principal less unamortized discount of $587,895. |
| SCHEDULE K, PART II, LINE 7 | Issuance Costs From Proceeds Column A and B The amount in Line 7 represents costs of issuance subject to the two percent limit of code section 147(G). |
| Schedule K, Part II, Line 13 | |
| Schedule K, Part III, LINE 4 and 5 | Private Business Use The percentage of finance property used in a private business use by the entities other than a Section 501(C)(3) Organization or a State or Local Government and the percentage of financed property used in a private business use as a result of unrelated trade or business activity carries on by the University, another 501(C)(3) Organization or State or Local Government, is zero. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| POONAM GUPTA STUDENT ASSISTANCE | |||
| SPOUSE OF KEY EMPLOYEE | $17,525 | COMPENSATION, PART TIME STAFF | false |
| MEDHA U SUKHATME ENROLLMENT MGT | |||
| SPOUSE OF KEY EMPLOYEE | $56,240 | COMPENSATION, FULL TIME STAFF | false |
| THOMAS J QUINLAN III CEO RRD | |||
| TRUSTEE | $140,697 | PYMT TO RR DONNELLEY FOR SVS | false |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | VALUED $1 PER DONOR | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $130 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RETAIL VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 25 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,295,188 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | QUOTED PRICES | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | VARIOUS ITEMS FOR AUCTION AT FUNDRAISING EVENTS | 153 | $42,242 | RETAIL VALUE |
| Yes (X) | COMPUTER HARDWARE | 1 | $1 | RETAIL VALUE |
| Yes (X) | COMPUTER SOFTWARE | 1 | $26,400 | RETAIL VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE M, LINE 32A | THE ORGANIZATION USES A STOCKBROKER TO RESELL DONATED SECURITIES. |
| PART I, COLUMN B | PACE UNIVERSITY USES A COMBINATION OF REPORTING THE NUMBER OF CONTRIBUTIONS AND THE NUMBER OF ITEMS RECEIVED. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Core Form, Part VI, Section B, Line 11A | The Form 990 is prepared by the University's Associate Vice President and Controller as assisted by various other staff members in the Finance and Planning Department. The prepared Form is reviewed by the University's President, Chief Financial Officer and In-House Legal Counsel as well as PriceWaterhouseCoopers, LLP the University's outside tax advisors. A draft Form 990 is then presented to the Audit Committee of the Board of Trustees for approval, followed by distribution of the final copy of Form 990 to all members of the Board of Trustees before it is filed. |
| CORE FORM, PART VI, SECTION B, LINE 12(C) | Conflict of Interest Policy Disclosure Forms (the "Disclosure Forms") are annually submitted to and retrieved from the University's Trustees, Officers, Deans and Key Employees. The Disclosure Forms for Officers, Deans and Key Employees are reviewed by the Associate Vice President of Human Resources and University In-House Legal Counsel. Potential officer, dean and key employee conflicts are vetted with supervisors in consultation with the Associate Vice President of Human Resources and University's In-House Legal Counsel. The Disclosure Forms for the Trustees are reviewed by University In-House Legal Counsel, who prepares a spreadsheet listing potential trustee conflicts for review by the Board's Committee of Trustees. This listing is used as (1) a guide to ensure that conflicted Trustees are recused from discussions and voting when appropriate and (2) input to assess disclosures in the University's Form 990. |
| CORE FORM, PART VI, SECTION B, LINE 15 | Each year, the Chair of the University's Board of Trustees requests the Human Resources Department to collect comparative presidential compensation data from the College and University Professional Association for Human Resources (CUPA-HR), as well as published Form 990 data from such sources as the Chronicle of Higher Education, as a basis in setting the annual compensation of the President of the University for the upcoming year. With respect to other University officers, deans and key employees, each year prior comparability data from peer institutions is collected and summarized for review by the President (nine comparable doctoral class institutions of similar size, scope and organizational complexity, locally and nationally, used as comparators for several academic and financial scopes across the university). This data obtained via survey, and at times via outside independent consultant, is used by the President to present compensation adjustments to the University's independent Compensation Committee of the Board of Trustees. The competitive data obtained is also used when determining compensation offers for new hires at the executive level. Once this data is collected and presented for approval by the Compensation Committee and the Board of Trustees, documentation of the surrounding discussions and decisions is prepared by the Special Assistant to the Board of Trustees and filed with the University Archivist, along with the related minutes of the meetings for historical record. The University further has a robust performance evaluation process in place, the results of which are considered during the compensation determination process. The University's President does not take part in Board voting relating to matters involving his compensation, benefits and other terms and conditions of his employment, or participate in or attend Board meetings and discussions relating thereto, except at times when responding to questions from the Compensation Committee. |
| CORE FORM, PART V, LINE 4A AND 4B | The University's financial holdings in any foreign country are limited to equity interests in commingled investment vehicles. Accordingly, the University is not required to file FINCEN REPORT 114 (FORMERLY Form TD F 90-22.1) Report of Foreign Bank and Financial Accounts. |
| CORE FORM, PART VI, SECTION C, LINE 19 | The University's audited financial statements and the Conflict of Interest Policy are posted on its website. Form 990 and 990-T are available upon request. The University's governing documents are not available to the public. |
| CORE FORM, PART III, LINE 4D | A description of the University's other significant program service activities are as follows: ACADEMIC SUPPORT- To provide facilities and personnel to support INSTRUCTIONAL staff in educational efforts such as libraries, academic computer centers, audio visual aids, etc.. STUDENT SERVICES- To meet non-instructional needs of students such as admissions, registration, counseling, career planning, and social and cultural activities. RESEARCH- To support activities specifically organized to produce research, whether commissioned by an agency external to the University or separately budgeted by an organizational unit within the University. |
| PART XI, LINE 9 | The change in value of Split-Interest Agreements $114,326 |
| CORE FORM, PART VI, SECTION A, LINE 4 | The University's By-Laws were amended on July 31, 2013 for the purpose of combining the Pension Special and Investment Committees that were previously separate committees. On May 8, 2014 the By-laws were amended for the addition of the composition and qualification of Special Alumni and Parent Trustee Classes to the voting members of the Board of Trustees. In addition the By-Laws were also modified on September 16, 2014 to comply with the requirements of the New York Non-Profit Revitalization Act primarily related to Interested Trustees, Related Parties, and Related Party Transactions . As part of this amendment, the University's conflict of interest policy was materially amended and removed from the By-Laws and is now a stand-alone Trustee policy. All such amendments and modifications were approved by the Board of Trustees. The July 31, 2013 amendment was not considered to be significant to the University's governing documents. The May 8, 2014 and the September 16, 2014 amendments are considered significant changes to the University's governing documents based on Form 990 Part VI, line 4 instructions. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| PACE ENVIRONMENTAL LITIGATION CLINIC | ||||||||||
| 78 NORTH BROADWAY | WHITE PLAINS | NY | 10603 | 133709483 | EDUCATION | NY | 501(C)(3) | 11(A) | NA | Yes (true) |
| JOHN JAY LEGAL SERVICES INC | ||||||||||
| 80 NORTH BROADWAY | WHITE PLAINS | NY | 10603 | 133403308 | EDUCATION | NY | 501(C)(3) | 11(A) | NA | Yes (true) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pace University Fund LP | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 High Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463422188 | EIN |
| Primary Activities | Investments | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pace University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | EXCLUDED | PredominantIncomeTypeTxt |
| Share Of Total Income | $864,370 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $114,134,516 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | false | DisproportionateAllocationsInd |
| General Or Managing Partner | false | GeneralOrManagingPartnerInd |
| Ownership | 0.99999 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|
| Charitable Remainder Unitrust (1) | ||||
| Trust Distrib | NY | PACE UNIVERSITY | T | false |
| Unitrust (1) | ||||
| Trust Distrib | NY | PACE UNIVERSITY | T | false |
| Pooled Life Income Fund (1) | ||||
| Trust Distrib | NY | PACE UNIVERSITY | T | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| PACE UNIVERSITY FUND LP | ||
| 1B | $111,786,601 | BOOK |
| PACE ENVIRONMENTAL LITIGATION CLINIC | ||
| 1N | $0 | NONE |
| JOHN JAY LEGAL SERVICES INC | ||
| 1N | $0 | NONE |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART V | FormAndLineReferenceDesc |
| Explanation | PACE UNIVERSITY FUND, LP (PACE FUND) IS A LIMITED PARTNERSHIP, WHICH COMMENCED OPERATIONS ON DECEMBER 4, 2013, IN WHICH THE UNIVERSITY IS THE SOLE LIMITED PARTNER AND CAMBRIDGE ASSOCIATES RESOURCES, LLC IS THE GENERAL PARTNER. THE PARTNERSHIP ACTS AS AN INVESTMENT VEHICLE FOR A SIGNIFICANT PORTION OF THE UNIVERSITY'S ENDOWMENT. THE PACE FUND IS RECORDED AT NET ASSET VALUE AT JUNE 30, 2014. | ExplanationTxt |