HODGES UNIVERSITY INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- HODGES UNIVERSITY INC (EIN 59-6605703)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2015-10-22
- IRS object ID
- 201522959349300202
- Schema version
- 2014v5.0
- 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 D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-10-22T07:57:25-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4099 TAMIAMI TRAIL N STE 300 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 596605703 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HODGES UNIVERSITY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HODG | BusinessNameControlTxt |
| Phone | 8004668017 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2655 NORTHBROOKE DRIVE | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 341197932 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERICA M TILLERY | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2395986221 | PhoneNum |
| Signature | 2015-10-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMELIA COOPER CPA | PreparerPersonNm |
| PTIN | P00437898 | PTIN |
| Phone | 2392628686 | PhoneNum |
| Preparation | 2015-10-21 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DAVID BOROFSKY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2655 NORTHBROOKE DRIVE | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 341197932 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $39,091,257 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HODGES.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1990 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | DEGREE PROGRAMS TO ENHANCE THE ABILITY OF STUDENTS TO ACHIEVE PERSONAL OR PROFESSIONAL OBJECTIVES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 433 | TotalEmployeeCnt |
| Total Volunteers | 75 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,280,458 | PYContributionsGrantsAmt |
| CY Contributions Grants | $634,206 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $32,756,129 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $31,126,332 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$155,699 | PYInvestmentIncomeAmt |
| CY Investment Income | $63,585 | CYInvestmentIncomeAmt |
| PY Other Revenue | $54,580 | PYOtherRevenueAmt |
| CY Other Revenue | $11,619 | CYOtherRevenueAmt |
| PY Total Revenue | $39,935,468 | PYTotalRevenueAmt |
| CY Total Revenue | $31,835,742 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,561,199 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,775,079 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $18,829,611 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,623,305 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $395,454 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,959,743 | PYOtherExpensesAmt |
| CY Other Expenses | $11,496,548 | CYOtherExpensesAmt |
| PY Total Expenses | $33,350,553 | PYTotalExpensesAmt |
| CY Total Expenses | $28,894,932 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,584,915 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,940,810 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $83,889,972 | TotalAssetsBOYAmt |
| Total Assets EOY | $83,628,630 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $35,637,105 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,512,731 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $48,252,867 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $50,115,899 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF HODGES UNIVERSITY IS TO OFFER ASSOCIATE, BACCALAUREATE, AND GRADUATE DEGREES AS WELL AS OTHER PROGRAMS WHICH ENHANCE THE ABILITY OF STUDENTS TO ACHIEVE PERSONAL OR PROFESSIONAL OBJECTIVES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $24,368,277 | ExpenseAmt |
| Grant | $2,775,079 | GrantAmt |
| Revenue | $31,130,275 | RevenueAmt |
| Desc | HODGES UNIVERSITY IS REGIONALLY ACCREDITED AND AWARDS ASSOCIATE, BACHELOR'S AND MASTER'S DEGREES. THE UNIVERSITY HAS APPROXIMATELY 2,200 STUDENTS ON CAMPUSES IN NAPLES AND FORT MYERS, FLORIDA. THE PROGRAMS OF THE UNIVERSITY ARE AS FOLLOWS: 13 ASSOCIATE DEGREES, 19 BACHELOR'S DEGREES, 7 GRADUATE DEGREES, 2 UNDERGRADUATE CERTIFICATES, 1 GRADUATE CERTIFICATE, 30 ONLINE DEGREES, 7 UNDERGRADUATE SELF-PACED DEGREES, ENGLISH AS A SECOND LANGUAGE, LIFELONG LEARNING CLASSES AT THE FRANCES PEW HAYES CENTER FOR LIFELONG LEARNING, IDENTITY FRAUD INSTITUTE, HISPANIC INSITUTE, CENTER FOR NONPROFIT EXCELLENCESCHOOLS: JOHNSON SCHOOL OF BUSINESS, SCHOOL OF ALLIED HEALTH, NICHOLS SCHOOL OF PROFESSIONAL STUDIES, FISHER SCHOOL OF TECHNOLOGY, SCHOOL OF LIBERAL STUDIESCONTINUED ON SCHEDULE OPROVIDING STUDENTS WITH PROGRAMS THAT PREPARE THEM FOR CAREERS, HODGES UNIVERSITY BELIEVES IN FLEXIBLE CLASS SCHEDULING, ALLOWING STUDENTS TO ATTEND WEEKLY CLASSES THAT SUIT THEIR BUSY LIFESTYLES. THE UNIVERSITY ALSO MEETS THE NEEDS OF TODAY'S STUDENTS BY OFFERING A WIDE VARIETY OF ACADEMIC DELIVERY METHODS AND STUDENT SERVICES, BOTH ON CAMPUS AND IN THE DISTANCE EDUCATION ARENA. | Desc |
| Total Program Service Expenses | $24,368,277 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 433 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERICA M TILLERY | PersonNm |
| Phone | 2395986221 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2655 NORTHBROOKE DRIVE | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 341197932 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| JOHN J AGNELLI | |||||||
| CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KEITH ARNOLD | |||||||
| VICE CHAIRMAN | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MICHAEL PRIOLETTI | |||||||
| SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DR JOSEPH DONAHUE | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| TODD GATES | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES HUMPHREY | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| GARY TRIPPE | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| LESLIE KING | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| GERARD A MCHALE JR | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHLEEN PASSIDOMO | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT SIMPSON | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES STAMPER | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| SANDRA STILLWELL | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| CLYDE QUINBY | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| JEANETTE BROCK | |||||||
| FORMER PRESIDENT | 40.00 | Yes (X) | $654,077 | $0 | $7,200 | ||
| KIM SPIEZIO | |||||||
| FORMER PROVOST | 40.00 | Yes (X) | $170,951 | $0 | $11,920 | ||
| ERICA TILLERY | |||||||
| EVP OF OPERATIONS, CFO, SECRETARY AND TREASURER | 40.00 | Yes (X) | $112,041 | $0 | $10,337 | ||
| NANCY WYANT | |||||||
| DEAN | 40.00 | $171,089 | $0 | $12,722 | Yes (X) | ||
| DAVID RICE | |||||||
| VICE PRESIDENT | 40.00 | $141,121 | $0 | $11,378 | Yes (X) | ||
| KAREN LOCKLEAR | |||||||
| DEAN | 40.00 | $144,685 | $0 | $11,533 | Yes (X) | ||
| ELSA ROGERS | |||||||
| DEAN | 40.00 | $119,556 | $0 | $10,853 | Yes (X) | ||
| AYSEGUL TIMUR | |||||||
| PROGRAM CHAIR | 40.00 | $134,526 | $0 | $11,805 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,648,046 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $87,748 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GREENFIELD ADVERTISING GROUP | |||||
| 12551 NEW BRITTANY BLVD | FORT MYERS | FL | 33907 | EDUCATIONAL ADVERTISING | $639,730 |
| NEWS PRESS | |||||
| PO BOX 677583 | DALLAS | TX | 752677583 | EDUCATIONAL ADVERTISING | $460,988 |
| ELLUCIANDATATEL | |||||
| 4375 FAIR LAKES CT | FAIRFAX | VA | 22033 | SOFTWARE SERVICES | $437,035 |
| BLACKBOARD | |||||
| PO BOX 200154 | PITTSBURGH | PA | 152510154 | SOFTWARE SERVICES | $337,844 |
| G4S SECURE SOLUTIONS | |||||
| 1395 UNIVERSITY BLVD | JUPITER | FL | 33458 | SECURITY | $283,512 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 14 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $123,265 | FundraisingAmt |
| All Other Contributions | $510,941 | AllOtherContributionsAmt |
| Total Contributions | $634,206 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION AND FEES | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $31,126,332 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $31,126,332 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $31,126,332 | TotalProgramServiceRevenueAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $92,633 | TotalRevenueColumnAmt |
| Exclusion | $92,633 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $187,755 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $180,486 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,269 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,269 | TotalRevenueColumnAmt |
| Exclusion | $7,269 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,264,703 | SecuritiesAmt |
| Other | $1,687,717 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,274,622 | SecuritiesAmt |
| Other | $1,706,846 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$9,919 | SecuritiesAmt |
| Other | -$19,129 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$29,048 | TotalRevenueColumnAmt |
| Exclusion | -$29,048 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $13,980 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $123,265 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $59,565 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$45,585 | TotalRevenueColumnAmt |
| Exclusion | -$45,585 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $37,939 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $33,996 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,943 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,943 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| VENDING MACHINE | 900099 | $28,960 | $28,960 |
| VIRTUAL BOOKSTORE COMMISSION | 900099 | $17,032 | $17,032 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $45,992 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,835,742 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $31,130,275 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $71,261 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,132 | TotalAmt |
| Program Services | $60,132 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,714,947 | TotalAmt |
| Program Services | $2,714,947 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $816,492 | TotalAmt |
| Program Services | $76,220 | ProgramServicesAmt |
| Management And General | $474,633 | ManagementAndGeneralAmt |
| Fundraising | $265,639 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,675,853 | TotalAmt |
| Program Services | $11,021,769 | ProgramServicesAmt |
| Management And General | $645,673 | ManagementAndGeneralAmt |
| Fundraising | $8,411 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $319,769 | TotalAmt |
| Program Services | $181,631 | ProgramServicesAmt |
| Management And General | $133,206 | ManagementAndGeneralAmt |
| Fundraising | $4,932 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $852,125 | TotalAmt |
| Program Services | $802,766 | ProgramServicesAmt |
| Management And General | $37,135 | ManagementAndGeneralAmt |
| Fundraising | $12,224 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $959,066 | TotalAmt |
| Program Services | $833,393 | ProgramServicesAmt |
| Management And General | $105,574 | ManagementAndGeneralAmt |
| Fundraising | $20,099 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,321 | TotalAmt |
| Management And General | $34,321 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,934 | TotalAmt |
| Management And General | $50,934 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,000 | TotalAmt |
| Management And General | $44,000 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,075 | TotalAmt |
| Management And General | $1,075 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $603,165 | TotalAmt |
| Program Services | $204,930 | ProgramServicesAmt |
| Management And General | $390,878 | ManagementAndGeneralAmt |
| Fundraising | $7,357 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,850,193 | TotalAmt |
| Program Services | $1,847,747 | ProgramServicesAmt |
| Management And General | $2,446 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $996,581 | TotalAmt |
| Program Services | $382,098 | ProgramServicesAmt |
| Management And General | $584,865 | ManagementAndGeneralAmt |
| Fundraising | $29,618 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,437,144 | TotalAmt |
| Program Services | $484,644 | ProgramServicesAmt |
| Management And General | $952,500 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,062,287 | TotalAmt |
| Program Services | $1,062,287 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,667 | TotalAmt |
| Program Services | $105,591 | ProgramServicesAmt |
| Management And General | $114,445 | ManagementAndGeneralAmt |
| Fundraising | $15,631 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,327 | TotalAmt |
| Program Services | $32,598 | ProgramServicesAmt |
| Management And General | $24,796 | ManagementAndGeneralAmt |
| Fundraising | $2,933 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,615,826 | TotalAmt |
| Program Services | $1,615,826 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,282,207 | TotalAmt |
| Program Services | $2,282,207 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $492,501 | TotalAmt |
| Management And General | $492,501 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| LIBRARY RESOURCES | $428,239 | $428,239 | ||
| OTHER EXPENSES | $232,698 | $161,869 | $42,219 | $28,610 |
| GRADUATION EXPENSES | $40,135 | $40,135 | ||
| BOND FEES | $29,248 | $29,248 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,894,932 | TotalAmt |
| Program Services | $24,368,277 | ProgramServicesAmt |
| Management And General | $4,131,201 | ManagementAndGeneralAmt |
| Fundraising | $395,454 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,211,095 | BOYAmt |
| EOY | $2,545,214 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,424,741 | BOYAmt |
| EOY | $2,441,566 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,053,609 | BOYAmt |
| EOY | $9,401,622 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,662,902 | BOYAmt |
| EOY | $1,405,514 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,085 | BOYAmt |
| EOY | $78,780 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,872,787 | BOYAmt |
| EOY | $2,008,502 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $64,307,674 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $16,342,121 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,679,493 | BOYAmt |
| EOY | $47,965,553 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,397,942 | BOYAmt |
| EOY | $17,770,079 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $518,318 | BOYAmt |
| EOY | $11,800 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,889,972 | BOYAmt |
| EOY | $83,628,630 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,476,337 | BOYAmt |
| EOY | $1,384,591 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,270,768 | BOYAmt |
| EOY | $3,613,140 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,890,000 | BOYAmt |
| EOY | $28,515,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,637,105 | BOYAmt |
| EOY | $33,512,731 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,501,812 | BOYAmt |
| EOY | $36,194,281 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,768,222 | BOYAmt |
| EOY | $10,941,048 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,982,833 | BOYAmt |
| EOY | $2,980,570 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,252,867 | BOYAmt |
| EOY | $50,115,899 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,889,972 | BOYAmt |
| EOY | $83,628,630 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,940,810 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$22,179 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,055,599 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | 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 D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,754,843 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$9,022 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,745,821 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $4,503,091 | ContributionsAmt |
| Investment Earnings Or Losses | $53,639 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,896,034 | OtherExpendituresAmt |
| Administrative Expenses | $94,147 | AdministrativeExpensesAmt |
| End Year Balance | $2,566,549 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,332,284 | OtherCostOrOtherBasisAmt |
| Book Value | $10,332,284 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $41,057,505 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,165,848 | DepreciationAmt |
| Book Value | $34,891,657 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,598,248 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,886,844 | DepreciationAmt |
| Book Value | $2,711,404 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $319,637 | OtherCostOrOtherBasisAmt |
| Depreciation | $289,429 | DepreciationAmt |
| Book Value | $30,208 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $47,965,553 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $28,720,673 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$22,179 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $14,848 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $274,047 | OtherRevenueAmt |
| Revenue Not Reported | $266,716 | RevenueNotReportedAmt |
| Revenue Subtotal | $28,453,957 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,075 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $3,380,710 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $3,381,785 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $31,835,742 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $26,857,641 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $14,848 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $663,883 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $678,731 | ExpensesNotReportedAmt |
| Expenses Subtotal | $26,178,910 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,075 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $2,714,947 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,716,022 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $28,894,932 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE UNIVERSITY HAS DONOR RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS FOR STUDENTS AND SUPPORTING THE OPERATIONS OF THE UNIVERSITY. |
| PART X, LINE 2: | THE UNIVERSITY IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS NOT CONSIDERED A PRIVATE FOUNDATION AND CONTRIBUTIONS ARE CONSIDERED TAX DEDUCTIBLE. THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FOR THE YEARS ENDED JUNE 30, 2015 AND 2014, THE UNIVERSITY HAD NO MATERIAL OBLIGATION FOR UNRELATED BUSINESS INCOME TAX. THE UNIVERSITY HAS ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. AS A RESULT OF THE IMPLEMENTATION, THE UNIVERSITY EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2015 AND 2014. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD OF BOOK STORE OPERATION REPORTED ON PART VIII 33,996. DIRECT FUNDRAISING EXPENSES REPORTED ON PART VIII 59,565. DIRENT RENTAL EXPENSES REPORTED ON PART VIII 180,486. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INSTITUTIONAL AID REPORTED ON PART IX 2,714,947. LOSS ON PLEDGES REPORTED ON PART XI 457,690. AMORTIZATION OF OTHER COMPREHENSIVE EXPENSES REPORTED ON PART XI 208,073. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | BAD DEBT WRITE-OFF REPORTED ON PART XI 389,836. COST OF GOODS SOLD OF BOOK STORE OPERATION REPORTED ON PART VIII 33,996. DIRECT FUNDRAISING EXPENSES REPORTED ON PART VIII 59,565. DIRENT RENTAL EXPENSES REPORTED ON PART VIII 180,486. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INSTITUTIONAL AID REPORTED ON PART IX 2,714,947. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE UNIVERSITY'S POLICY STATEMENT IS INCLUDED IN ITS MESSAGE TO THE PUBLIC: HODGES UNIVERSITY, AS AN OPEN, CREATIVE AND COMMUNITY-CONSCIOUS EDUCATIONAL INSTITUTION, MUST FULFILL ITS MISSION IN THE CLIMATE OF A CHANGING WORLD. THAT EACH STUDENT, AS A UNIQUE PERSON, DESERVES A PROGRAM OF STUDIES AND VARIED EXPERIENCES FOR PERSONAL GROWTH WITHOUT REGARD TO RACE, COLOR, GENDER, SEXUAL ORIENTATION, RELIGION, CREED, NATIONAL ORIGIN, POLITICAL OPINIONS OR AFFILIATIONS, DISABLED VETERAN STATUS, DISABILITY, OR AGE AS PROVIDED BY LAW AND IN ACCORDANCE WITH THE UNIVERSITY'S RESPECT FOR PERSONAL DIGNITY. |
| SCHEDULE E, PART I, LINE 6 | HODGES UNIVERSITY, INC. PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED THROUGH THESE PROGRAMS ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. SOME PROGRAMS PROVIDE A SMALL ADMINISTRATIVE ALLOWANCE FOR THE INSTITUTION. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | LUMINARY | Event1Nm |
| Gross Receipts Event1 | $33,815 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $30,070 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $3,745 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $3,192 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $11,910 | OtherDirectExpensesEvent1Amt |
| Event2 | HUMINATAIAN | Event2Nm |
| Gross Receipts Event2 | $64,550 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $56,975 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $7,575 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $14,824 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $19,614 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $38,880 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $36,220 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $2,660 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $8,010 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $2,015 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $137,245 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $123,265 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $13,980 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $26,026 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $33,539 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $59,565 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$45,585 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| HORIZON FOUNDATION INC | |||||||
| 2201 SECOND ST STE 500 | FORT MYERS | FL | 33901 | 650872214 | 501(C)(3) | $7,500 | TO SUPPORT GENERAL OPERATION. |
| JUNIOR ACHIEVEMENT OF SW FLORIDA | |||||||
| 9530 MARKETPLACE RD STE 302 | FORT MYERS | FL | 33912 | 650503084 | 501(C)(3) | $5,250 | TO SUPPORT GENERAL OPERATION. |
| GREATER NAPLES CHAMBER OF COMMERCE | |||||||
| 2390 TAMIAMI TRAIL NORTH | NAPLES | FL | 34103 | 590688292 | 501(C)(3) | $8,392 | TO SUPPORT GENERAL OPERATIONS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | INSTITUTIONAL AID, INCLUDING SCHOLARSHIPS, ASSISTANTSHIPS, AND TUITION WAIVER. | GrantTypeTxt |
| Recipient | 1209 | RecipientCnt |
| Cash Grant | $2,714,847 | CashGrantAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | HODGES UNIVERSITY PARTICIPATES IN VARIOUS LOCAL SPONSORSHIPS TO ORGANIZATIONS ANNUALLY BASED ON OUR ABILITY AND CURRENT ECONOMIC SITUATION. BECAUSE THE SPONSORSHIPS ARE FOR GENERAL OPERATING SUPPORT, NO MONITORING IS REQUIRED. HODGES UNIVERSITY PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEANETTE BROCK | ||||||||||||||
| FORMER PRESIDENT | $260,170 | $0 | $0 | $0 | $393,907 | $0 | $0 | $0 | $7,200 | $0 | $661,277 | $0 | $0 | $0 |
| KIM SPIEZIO | ||||||||||||||
| FORMER PROVOST | $170,951 | $0 | $0 | $0 | $0 | $0 | $4,720 | $0 | $7,200 | $0 | $182,871 | $0 | $0 | $0 |
| NANCY WYANT | ||||||||||||||
| DEAN | $171,089 | $0 | $0 | $0 | $0 | $0 | $5,522 | $0 | $7,200 | $0 | $183,811 | $0 | $0 | $0 |
| DAVID RICE | ||||||||||||||
| VICE PRESIDENT | $141,121 | $0 | $0 | $0 | $0 | $0 | $4,178 | $0 | $7,200 | $0 | $152,499 | $0 | $0 | $0 |
| KAREN LOCKLEAR | ||||||||||||||
| DEAN | $144,685 | $0 | $0 | $0 | $0 | $0 | $4,333 | $0 | $7,200 | $0 | $156,218 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINES 4A-B | SEVERANCE PAYMENTS: ANNA AVOLA $11,333 KATHLEEN BRYCE $1,116 THERESA GARRATT $2,480 JOSEPH GOLDBACH $2,252 MAUREEN LENHARDT $1,136 LISA OHLERT $1,636 SUZANNE PONICSAN $2,000 DAVE RICE $11,606 JANET SMITH $1,500 KIM SPIEZIO $17,042 BRENDAN STANELY $2,500 |
| PART II, COLUMN B (III) | THE AMOUNT REPORTED ON SCHEDULE J COLUMN B (III) OF $393,907 IS A CONTRIBUTION TO A 457(F) NON-QUALIFIED EXECUTIVE RETIREMENT PLAN. THE AMOUNT BECAME TAXABLE TO THE INDIVIDUAL IN 2014. JEANETTE BROCK RETIRED ON 12/31/14 AND WAS PAID OUT HER EXECUTIVE RETIREMENT FROM THE 457(F) PLAN THEREAFTER. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLIER CO ED FAC AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 650915682 | BondIssuerEIN |
| CUSIP | 19463TBC9 | CUSIPNum |
| Bond Issued | 2013-11-14 | BondIssuedDt |
| Issue Price | $28,404,134 | IssuePriceAmt |
| Purpose | REFUND BONDS AND FINANCE NEW BUILDING PURCHASE | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $375,000 | RetiredAmt |
| Total Proceeds | $28,404,134 | TotalProceedsAmt |
| In Reserve Fund | $2,066,550 | InReserveFundAmt |
| Issuance Costs From Proceeds | $517,198 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $13,133,144 | CapitalExpendituresAmt |
| Substantial Completion | 2014 | SubstantialCompletionYr |
| Current Refunding | 0 | CurrentRefundingInd |
| Advance Refunding | Yes (1) | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | Yes (1) | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.05000 | PrivateBusUseByOthersPct |
| Total Private Business Use | 0.05000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE UNIVERSITY'S EXECUTIVE COMMITTEE CONSISTS OF NO LESS THAN THREE BUT NO MORE THAN SIX MEMBERS OF THE BOARD OF TRUSTEES INCLUDING ONE OFFICER THAT IS APPOINTED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE FULL BOARD OF TRUSTEES BETWEEN MEETINGS WITH ANY ACTIONS UNDERTAKEN TO BE RATIFIED BY THE FULL BOARD AT THE NEXT REGULARLY SCHEDULED MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11 | MANAGEMENT WILL UNDERTAKE A COMPREHENSIVE REVIEW OF THE FORM 990 AND ITS SCHEDULES IMMEDIATELY UPON ITS COMPLETION, AND WILL ADDRESS ALL OF ITS QUESTIONS AND CONCERNS WITH THE PREPARER. UNIVERSITY POLICY PROVIDES FOR THE PROVISION OF A COPY OF THE COMPLETED RETURN TO ALL MEMBERS OF THE GOVERNING BOARD IN ADVANCE OF FILING. A VOTE OF THE FULL BOARD TO APPROVE OF THE TAX RETURN IS REQUIRED PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT ANNUAL DISCLOSURE STATEMENTS. THE STATEMENTS ARE REVIEWED BY THE SENIOR MANAGEMENT AND THE INDEPENDENT AUDITOR TO DETERMINE IF ANY RELATIONSHIPS NEED TO BE DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS OR THE FORM 990. IN CASE OF ANY POTENTIAL REAL OR PERCEIVED CONFLICT OF INTEREST, AFFILIATED PERSONS ARE EXPECTED TO DISCLOSE THE CONFLICT IN ADVANCE. ONCE SUCH A DISCLOSURE HAS BEEN MADE, THE CHAIRMAN OF THE BOARD OF TRUSTEES SHALL DETERMINE WHETHER OR NOT THERE IS A POTENTIAL CONFLICT OF INTEREST. IF IT IS DETERMINED THAT THERE IS A POTIENTIAL CONFLICT OF INTEREST, THE AFFILIATED PERSON INVOLVED SHALL ABSTAIN FROM VOTING AND SHALL NOT PARTICIPATE IN THE DISCUSSION OF THE MATTER AT ISSUE EXCEPT TO STATE BRIEFLY HIS OR HER POSITION IN THE MATTER AND TO ANSWER SPECIFIC QUESTIONS. THIS ABSTENTION SHALL BE REFLECTED IN THE MEETING MINUTES. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES COMPENSATION FOR THE PRESIDENT (CEO), THE SECRETARY AND THE TREASURER. THE COMMITTEE CONSIDERS COMPARABILITY DATA AMONG MANY OTHER FACTORS TO DETERMINE THE APPROPRIATE COMPENSATION. MINUTES ARE PRODUCED AT EACH MEETING OF THE COMMITTEE AND THEIR RECOMMENDATIONS MUST BE APPROVED BY THE FULL BOARD OF TRUSTEES. THE LAST REVIEW AND APPROVAL OF COMPENSATION WAS DONE IN 2015 FOR SECRETARY AND TREASURER, E. TILLERY. IN ADDITION THE BOARD APPROVED THE CONTRACT FOR THE PRESIDENT, D. BOROFSKY WHO IS AN INDEPENDINET CONTRACTOR. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | AMORTIZATION OF OTHER COMPREHENSIVE EXPENSES -208,073. LOSS ON PLEDGES -457,690. BAD DEBT WRITE-OFF -389,836. |
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