BENEDICTINE UNIVERSITY: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- BENEDICTINE UNIVERSITY (EIN 36-2722198)
- Tax period
- 2013-06-01 to 2014-05-31
- Filed
- 2015-04-15
- IRS object ID
- 201531059349300913
- 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 D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-04-15T10:15:59-05:00 | ReturnTs |
| Tax Period End | 2014-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 440160260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 S MEYERS RD SUITE 500 | AddressLine1 |
| City | OAKBROOK TERRACE | City |
| State | IL | State |
| ZIP Code | 601815209 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362722198 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BENEDICTINE UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BENE | BusinessNameControlTxt |
| Phone | 6308296000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5700 COLLEGE ROAD | AddressLine1 |
| City | LISLE | City |
| State | IL | State |
| ZIP Code | 60532 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM J CARROLL | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6308296000 | PhoneNum |
| Signature | 2015-04-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JODY A GAUTHIER | PreparerPersonNm |
| PTIN | P00660340 | PTIN |
| Phone | 6302829500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WILLIAM J CARROLL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5700 COLLEGE ROAD | AddressLine1 |
| City | LISLE | City |
| State | IL | State |
| ZIP Code | 60532 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $153,611,176 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 0928 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BEN.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1887 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | BENEDICTINE UNIVERSITY DEDICATES ITSELF TO THE EDUCATION OF UNDERGRADUATE AND GRADUATE STUDENTS FROM DIVERSE ETHNIC, RACIAL, AND RELIGIOUS BACKGROUNDS. AS AN ACADEMIC COMMUNITY COMMITTED TO LIBERAL ARTS AND PROFESSIONAL EDUCATION DISTINGUISHED AND GUIDED BY ITS ROMAN CATHOLIC TRADITION AND BENEDICTINE HERITAGE, THE UNIVERSITY PREPARES ITS STUDENTS FOR A LIFETIME AS ACTIVE, INFORMED, AND RESPONSIBLE CITIZENS AND LEADERS IN THE WORLD COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 30 | VotingMembersIndependentCnt |
| Total Employee | 2224 | TotalEmployeeCnt |
| Total Volunteers | 150 | TotalVolunteersCnt |
| Total Gross UBI | $15,972 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $3,813 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $20,430,567 | PYContributionsGrantsAmt |
| CY Contributions Grants | $18,454,242 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $111,759,790 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $115,215,285 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,065,616 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,771,046 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$117,379 | PYOtherRevenueAmt |
| CY Other Revenue | -$107,754 | CYOtherRevenueAmt |
| PY Total Revenue | $134,138,594 | PYTotalRevenueAmt |
| CY Total Revenue | $137,332,819 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $38,587,572 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $41,822,306 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $49,665,759 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $53,571,728 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,079,071 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $37,861,897 | PYOtherExpensesAmt |
| CY Other Expenses | $41,022,988 | CYOtherExpensesAmt |
| PY Total Expenses | $126,115,228 | PYTotalExpensesAmt |
| CY Total Expenses | $136,417,022 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $8,023,366 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $915,797 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $150,035,889 | TotalAssetsBOYAmt |
| Total Assets EOY | $169,132,420 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $56,191,257 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $74,038,433 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $93,844,632 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $95,093,987 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | BENEDICTINE UNIVERSITY DEDICATES ITSELF TO THE EDUCATION OF UNDERGRADUATE & GRADUATE STUDENTS FROM DIVERSE ETHNIC, RACIAL AND RELIGIOUS BACKGROUNDS. AS AN ACADEMIC COMMUNITY COMMITTED TO LIBERAL ARTS AND PROFESSIONAL EDUCATION DISTINGUISHED AND GUIDED BY ITS ROMAN CATHOLIC TRADITION AND BENEDICTINE HERITAGE, THE UNIVERSITY PREPARES ITS STUDENTS FOR A LIFETIME AS ACTIVE, INFORMED, AND RESPONSIBLE CITIZENS AND LEADERS IN THE WORLD COMMUNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $127,555,927 | ExpenseAmt |
| Grant | $41,822,306 | GrantAmt |
| Revenue | $115,199,313 | RevenueAmt |
| Desc | EDUCATIONAL ACTIVITIES AND RELATED ENTERPRISE COSTS AND EXPENSES FOR 6,318 (FALL 2013) UNDERGRADUATE AND GRADUATE STUDENT ENROLLMENT. | Desc |
| Total Program Service Expenses | $127,555,927 | 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 | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | 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 | 0 | 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 | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | 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 | 327 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2224 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CH | ForeignCountryCd |
| 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 |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Taxable Distributions | 0 | TaxableDistributionsInd |
| Distribution To Donor | 0 | DistributionToDonorInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 30 | 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 | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FINANCE DEPARTMENT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6308296000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5700 COLLEGE ROAD | AddressLine1 |
| City | LISLE | City |
| State | IL | State |
| ZIP Code | 60532 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ABBOT AUSTIN G MURPHY | |||||||
| CHANCELLOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ABBOT HUGH ANDERSON | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| ARTHUR S LITTLEFIELD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BROTHER CHARLES R HLAVA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROLYN GRAHAM | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLIE A THURSTON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CLAUDIA J COLALILLO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL F RIGBY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL L GOODWIN | |||||||
| VICE-CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| DANIEL M ROMANO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR LEONARD S PIAZZA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREG ELLIOT SR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES H BEATTY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES L MELSA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN P CALAMOS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHERINE A DONOFRIO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MACK C GASTON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MAUREEN BEAL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL J BIRCK | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL S SIUREK | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NORMAN BELES | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL J LEHMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL R GAUVREAU | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER J WRENN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT E KING | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERTO RAMIREZ | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROSEMARY MACKO WISNOSKY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SISTER JUDITH ANN HEBLE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TASNEEM A OSMANI | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM J CARROLL | |||||||
| PRESIDENT | 40.00 | Yes (X) | $657,258 | $23,300 | $39,931 | Yes (X) | |
| WILLIS M GILLETT | |||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| ALLAN GOZUM | |||||||
| TREASURER | 40.00 | $231,285 | $0 | $23,291 | Yes (X) | ||
| CHARLES GREGORY | |||||||
| EXECUTIVE VICE-PRESIDENT | 40.00 | $412,183 | $0 | $39,507 | Yes (X) | ||
| DONALD TAYLOR | |||||||
| PROVOST,VICE-PRESIDENT | 40.00 | $273,050 | $0 | $44,994 | Yes (X) | ||
| BARTHOLOMEW NG | |||||||
| PROFESSOR | 40.00 | $170,382 | $0 | $30,502 | Yes (X) | ||
| JAMES LUDEMA | |||||||
| PROFESSOR | 40.00 | $147,725 | $0 | $28,722 | Yes (X) | ||
| MICHAEL BROMBERG | |||||||
| PRESIDENT - SPRINGFIELD CAMPUS | 40.00 | $150,239 | $0 | $17,724 | Yes (X) | ||
| MICHAEL CARROLL | |||||||
| PRESIDENT - MESA CAMPUS | 40.00 | $173,398 | $0 | $22,417 | Yes (X) | ||
| RALPH MEEKER | |||||||
| PROFESSOR | 40.00 | $161,980 | $0 | $25,753 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,377,500 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $23,300 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $272,841 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 41 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MBS DIRECT LLC | |||||
| 2711 WEST ASH STREET | COLUMBIA | MO | 65203 | TEXTBOOK SERVICES | $232,393 |
| LEVEL 3 AUDIO VISUAL LLC | |||||
| 955 EAST JAVELINA AVENUE STE B106 | MESA | AZ | 85204 | AUDIO VIDEO SERVICES | $112,459 |
| THE EVENT GROUP | |||||
| 624 EAST 18TH AVENUE STE 2 | DENVER | CO | 80203 | EVENT ORGANIZATION | $109,980 |
| SCHOLARBUYS LLC | |||||
| 11 WEST MAIN STREET STE 202 | CARPENTERSVILLE | IL | 60110 | SOFTWARE | $108,467 |
| MCALLISTER AND QUINN LLC | |||||
| 1368 NORTH WASHINGTON AVENUE | SCRANTON | PA | 18509 | PROFESSIONAL SERVICES | $101,450 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $274,140 | FundraisingAmt |
| Government Grants | $15,309,310 | GovernmentGrantsAmt |
| All Other Contributions | $2,870,792 | AllOtherContributionsAmt |
| Noncash Contributions | $85,720 | NoncashContributionsAmt |
| Total Contributions | $18,454,242 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION AND FEES | 611710 | $109,495,866 | $109,495,866 | |
| AUXILIARY ENTERPRISES | 611710 | $4,344,715 | $4,344,715 | |
| OTHER ED. ACTIVITIES | 611710 | $1,374,704 | $1,358,732 | $15,972 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $115,215,285 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,425,987 | TotalRevenueColumnAmt |
| Exclusion | $2,425,987 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $412 | TotalRevenueColumnAmt |
| Exclusion | $412 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,455,527 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,110,468 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,345,059 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,345,059 | TotalRevenueColumnAmt |
| Exclusion | $1,345,059 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $59,723 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $274,140 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $167,889 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$108,166 | TotalRevenueColumnAmt |
| Exclusion | -$108,166 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $137,332,819 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $115,199,313 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $15,972 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,663,292 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,822,306 | TotalAmt |
| Program Services | $41,822,306 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,688,394 | TotalAmt |
| Management And General | $1,688,394 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,108,086 | TotalAmt |
| Program Services | $37,840,168 | ProgramServicesAmt |
| Management And General | $2,241,800 | ManagementAndGeneralAmt |
| Fundraising | $1,026,118 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,659,968 | TotalAmt |
| Program Services | $1,528,333 | ProgramServicesAmt |
| Management And General | $90,302 | ManagementAndGeneralAmt |
| Fundraising | $41,333 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,089,226 | TotalAmt |
| Program Services | $5,606,350 | ProgramServicesAmt |
| Management And General | $331,254 | ManagementAndGeneralAmt |
| Fundraising | $151,622 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,026,054 | TotalAmt |
| Program Services | $2,691,724 | ProgramServicesAmt |
| Management And General | $261,705 | ManagementAndGeneralAmt |
| Fundraising | $72,625 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,596 | TotalAmt |
| Management And General | $163,596 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,450 | TotalAmt |
| Management And General | $105,450 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,156 | TotalAmt |
| Management And General | $177,156 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $567,583 | TotalAmt |
| Program Services | $544,562 | ProgramServicesAmt |
| Management And General | $16,375 | ManagementAndGeneralAmt |
| Fundraising | $6,646 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,105,313 | TotalAmt |
| Program Services | $2,055,688 | ProgramServicesAmt |
| Management And General | $21,128 | ManagementAndGeneralAmt |
| Fundraising | $28,497 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,544,962 | TotalAmt |
| Program Services | $3,327,171 | ProgramServicesAmt |
| Management And General | $96,968 | ManagementAndGeneralAmt |
| Fundraising | $120,823 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,224,097 | TotalAmt |
| Program Services | $959,988 | ProgramServicesAmt |
| Management And General | $223,882 | ManagementAndGeneralAmt |
| Fundraising | $40,227 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,208,146 | TotalAmt |
| Program Services | $4,119,743 | ProgramServicesAmt |
| Management And General | $68,992 | ManagementAndGeneralAmt |
| Fundraising | $19,411 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,696,097 | TotalAmt |
| Program Services | $1,580,311 | ProgramServicesAmt |
| Management And General | $94,851 | ManagementAndGeneralAmt |
| Fundraising | $20,935 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,102 | TotalAmt |
| Program Services | $152,824 | ProgramServicesAmt |
| Management And General | $6,457 | ManagementAndGeneralAmt |
| Fundraising | $1,821 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,181,904 | TotalAmt |
| Program Services | $1,181,904 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,499,055 | TotalAmt |
| Program Services | $4,344,326 | ProgramServicesAmt |
| Management And General | $115,040 | ManagementAndGeneralAmt |
| Fundraising | $39,689 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,307 | TotalAmt |
| Program Services | $114,207 | ProgramServicesAmt |
| Management And General | $207,100 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OUTSIDE SERVICES | $15,922,608 | $15,554,016 | $308,131 | $60,461 |
| OTHER EXPENSES | $3,484,578 | $2,658,829 | $403,542 | $422,207 |
| FOOD SERVICE | $744,405 | $667,996 | $49,753 | $26,656 |
| BAD DEBTS | $657,027 | $657,027 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $258,602 | TotalAmt |
| Program Services | $148,454 | ProgramServicesAmt |
| Management And General | $110,148 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,417,022 | TotalAmt |
| Program Services | $127,555,927 | ProgramServicesAmt |
| Management And General | $6,782,024 | ManagementAndGeneralAmt |
| Fundraising | $2,079,071 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,767,514 | BOYAmt |
| EOY | $10,511,519 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,579 | BOYAmt |
| EOY | $360,969 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,181,283 | BOYAmt |
| EOY | $7,835,766 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,201,210 | BOYAmt |
| EOY | $2,381,759 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $303,549 | BOYAmt |
| EOY | $340,404 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $121,886,234 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $43,235,362 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,033,453 | BOYAmt |
| EOY | $78,650,872 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,704,797 | BOYAmt |
| EOY | $43,268,357 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,804,504 | BOYAmt |
| EOY | $25,782,774 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,035,889 | BOYAmt |
| EOY | $169,132,420 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,189,845 | BOYAmt |
| EOY | $12,427,281 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,655,838 | BOYAmt |
| EOY | $5,310,477 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,974,000 | BOYAmt |
| EOY | $50,070,320 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $837,409 | BOYAmt |
| EOY | $531,931 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,534,165 | BOYAmt |
| EOY | $5,698,424 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,191,257 | BOYAmt |
| EOY | $74,038,433 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,062,786 | BOYAmt |
| EOY | $68,863,816 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,439,410 | BOYAmt |
| EOY | $12,197,181 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,342,436 | BOYAmt |
| EOY | $14,032,990 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,844,632 | BOYAmt |
| EOY | $95,093,987 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,035,889 | BOYAmt |
| EOY | $169,132,420 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $915,797 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $248,733 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $84,825 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $2,418,422 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $35,991,922 | BeginningYearBalanceAmt |
| Contributions | $150,591 | ContributionsAmt |
| Investment Earnings Or Losses | $3,763,316 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $772,189 | GrantsOrScholarshipsAmt |
| End Year Balance | $39,133,640 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,545,435 | BeginningYearBalanceAmt |
| Contributions | $3,829,953 | ContributionsAmt |
| Investment Earnings Or Losses | $4,880,399 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,263,865 | GrantsOrScholarshipsAmt |
| End Year Balance | $35,991,922 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $31,398,349 | BeginningYearBalanceAmt |
| Contributions | $116,986 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,655,184 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$314,716 | GrantsOrScholarshipsAmt |
| End Year Balance | $28,545,435 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $24,907,011 | BeginningYearBalanceAmt |
| Contributions | $237,834 | ContributionsAmt |
| Investment Earnings Or Losses | $6,481,424 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$227,920 | GrantsOrScholarshipsAmt |
| End Year Balance | $31,398,349 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,342,195 | BeginningYearBalanceAmt |
| Contributions | $769,205 | ContributionsAmt |
| Investment Earnings Or Losses | $3,927,221 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$129,189 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$2,421 | OtherExpendituresAmt |
| End Year Balance | $24,907,011 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.44820 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.35860 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.19320 | TermEndowmentBalanceEOYPct |
| 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 | $940,651 | OtherCostOrOtherBasisAmt |
| Book Value | $940,651 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $84,463,777 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,501,078 | DepreciationAmt |
| Book Value | $56,962,699 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,229,210 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,226,322 | DepreciationAmt |
| Book Value | $13,002,888 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,834,174 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,507,962 | DepreciationAmt |
| Book Value | $5,326,212 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,418,422 | OtherCostOrOtherBasisAmt |
| Book Value | $2,418,422 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $78,650,872 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (9 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CASH EQUIVALENTS | $9,892,566 | F |
| COMMON STOCKS | $1,105,055 | F |
| PREFERRED STOCKS | $3,815,226 | F |
| FIXED INCOME MUTUAL FUNDS | $2,700,350 | F |
| REAL ESTATE INVESTMENT TRUST | $3,668,543 | F |
| ENERGY TRUSTS | $1,921,787 | F |
| EQUITY MUTUAL FUNDS | $4,821,404 | F |
| POOLED INVESTMENTS | $15,233,756 | F |
| CASH SURRENDER VALUE OF LIFE INSURANCE | $109,670 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $43,268,357 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| OTHER | $2,020,795 |
| AFFILIATE RECEIVABLE | $2,005,066 |
| BOND ISSUE COSTS | $546,449 |
| BOND PROCEEDS HELD IN TRUST | $19,471,479 |
| DEBT SERVICE RESERVE FUND | $1,738,985 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $25,782,774 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| DEPOSITS | $1,427,260 |
| ADVANCES FROM US GOVT FOR STUDENT LOANS HELD FOR OTHERS | $1,935,309 |
| INTEREST RATE SWAP AGREEMENT LIABILITY | $1,371,039 |
| DEFERRED LEASE INCENTIVE | $170,777 |
| DEFERRED RENT LIABILITY | $794,039 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,698,424 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $95,835,559 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $248,733 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $85,580 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $334,313 | RevenueNotReportedAmt |
| Revenue Subtotal | $95,501,246 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $177,156 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $41,654,417 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $41,831,573 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $137,332,819 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $94,671,029 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $85,580 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $167,889 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $253,469 | ExpensesNotReportedAmt |
| Expenses Subtotal | $94,417,560 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $177,156 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $41,822,306 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $41,999,462 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $136,417,022 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE JURICA-SUCHY NATURE MUSEUM IS A SMALL, NATURAL HISTORY MUSEUM WITH ABOUT 10,000 SPECIMENS RANGING IN SIZE FROM A TINY GNAT TO A SKELETON OF A BALEEN WHALE. THE COLLECTION REPRESENTS BOTH VERTEBRATE AND INVERTEBRATE ANIMALS AND INCLUDES SEVERAL RARE SPECIMENS OF EXTINCT AND ENDANGERED ANIMALS. THERE IS ALSO A LARGE COLLECTION OF FOSSILS AND ROCKS AND MINERALS IN THE STORAGE AREA THAT IS IN THE PROCESS OF BEING INVENTORIED. MANY LOCAL TEACHERS BRING THEIR CLASSES TO THE JURICA-SUCHY NATURE MUSEUM TO FOCUS ON PARTICULAR THEMES TO ENHANCE THEIR CURRICULUM. THE STUDENTS TAKE A BRIEF TOUR; VISIT THE LEARNING CIRCLE UNDER THE WHALE TO TOUCH DIFFERENT SPECIMENS AND THEN SET OFF TO WORK ON AN ACTIVITY SHEET SELECTED BY THE TEACHER. BECAUSE THE MUSEUM IS AN INTIMATE SPACE, FILLED WITH SPECIMENS, CHILDREN ARE ABLE TO MAKE OBSERVATIONS, EXPLORE DIFFERENCES AMONG THE SPECIMENS, AND THINK ABOUT THEM. THE MUSEUM HOSTS MANY HOME SCHOOL FAMILIES AND ALSO IS USED BY OUR BENEDICTINE STUDENTS FOR CLASS ASSIGNMENTS IN BIOLOGY, ART AND EDUCATION. THERE ARE OVER 5000 VISITORS TO THE MUSEUM EACH YEAR. IN ADDITION, THE JURICA-SUCHY NATURE MUSEUM OFFERS A DISCOVERY BOX LOAN PROGRAM OF MORE THAN 40 BOXES FOR TEACHERS, HOME SCHOOL FAMILIES AND OTHER GROUPS. THE BOXES CONTAIN MUSEUM SPECIMENS, BACKGROUND INFORMATION, VISUAL AIDS, CURRICULAR GUIDES, AND SUGGESTED CLASSROOM ACTIVITIES. THIS PROGRAM REACHES AN ADDITIONAL 5000 CHILDREN EACH YEAR. THESE PROGRAMS ARE OFFERED AT NO COST TO OUR PUBLIC AS A MEANS OF FURTHERING EDUCATION IN THE NATURAL SCIENCES IN OUR COMMUNITY. BENEDICTINE UNIVERSITY POSSESSES AN ART COLLECTION NUMBERING NEARLY 4,000 PIECES AND ARTIFACTS. THE COLLECTION REPRESENTS BOTH FINE AND APPLIED ARTS, AND IS QUITE DIVERSE IN ITS SCOPE OF SUBJECT AND MEDIA; WHILE THE MAJORITY OF THE COLLECTION HAS A RELIGIOUS THEME. THE COLLECTION CONSISTS MAINLY OF CERAMICS, DRAWINGS, PAINTINGS, ORIGINAL FINE ART PRINTS, PHOTOGRAPHY, TEXTILE, SCULPTURE, MIXED MEDIA, FOLK ART AND KITSCH. THE UNIVERSITYS ART COLLECTION IS VISIBLE THROUGHOUT THE ENTIRE CAMPUS, AND ITS BRANCH CAMPUS. IN ADDITION TO THE NUMEROUS AREA TEACHERS, PARENTS, SPECIAL ART INTEREST GROUPS AND VISITORS THAT COME TO THE UNIVERSITY, AND NEIGHBORING ST. PROCOPIUS ABBEY, FOR THE EXPRESS PURPOSE OF A GUIDED TOUR OF THE CAMPUS, VIRTUALLY EVERY CAMPUS VISITOR IS ABLE TO SEE A PART OF THE ART COLLECTION. THIS MUST BE NOTED AS MOST COLLEGE COLLECTIONS HAVE A DESIGNATED AREA FOR SHOWING ARTWORK OR EXHIBITIONS, USUALLY WITHIN A CONTAINED EXHIBITION SPACE. BENEDICTINE UNIVERSITY DOES HAVE ONE DESIGNATED ENCLOSED SET OF DISPLAY CASES, IN THE LOWER AREA OF KRASA HALL, FOR THE PURPOSE OF SHOWING SMALLER EXHIBITIONS, BUT THE 2ND FLOOR OF KINDLON HALL, OUTSIDE THE LIBRARY, HAS RECENTLY BEEN OPENED UP TO SHOW LARGER EXHIBITIONS. CLASSES ON CAMPUS ARE ENCOURAGED TO UTILIZE THE ART COLLECTION TO ENHANCE THEIR CURRICULUM. THE UNIVERSITY IS ALSO HOST TO VARIOUS SUMMER SPORTS AND MUSIC CAMPS WHEREBY AN ADDITIONAL VIEWING AUDIENCE FROM THE COMMUNITY IS ABLE TO SEE AND APPRECIATE THE ART COLLECTION. THE COLLECTION ENHANCES THE ART CURRICULUM, BUT THE ENORMITY OF THE COLLECTION AND BEING SPREAD THROUGHOUT THE CAMPUS AS IT IS, HAS TRANSFORMED THE CAMPUS INTO A GIGANTIC ART GALLERY, WHEREBY ART IS APPRECIATED BY THE MASSES AND OF AESTHETIC MERIT TO ALL DISCIPLINES. |
| PART V, LINE 4: | THE UNIVERSITY HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR A PORTION OF ITS PERMANENTLY RESTRICTED ENDOWMENT FUNDS FAIR VALUE AS OF THE LAST DAY OF THE YEAR PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. DISTRIBUTIONS FROM OTHER ENDOWMENTS ARE MADE ON THE BASIS OF PRUDENT APPLICATION OF THE FUNDS IN FURTHERANCE OF THE UNIVERSITY'S STRATEGIC PLAN IN ACCORDANCE WITH DONOR-IMPOSED RESTRICTIONS, WHEN AND IF APPLICABLE, ON THE USE OF THE FUNDS. IN ESTABLISHING THIS POLICY, THE UNIVERSITY CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS INVESTMENT ASSETS, THE NATURE AND DURATION OF THE INDIVIDUAL ENDOWMENT FUNDS, MANY OF WHICH MUST BE MAINTAINED IN PERPETUITY BECAUSE OF DONOR-IMPOSED RESTRICTIONS, AND THE POSSIBLE EFFECT OF INFLATION. THE UNIVERSITY EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT FUNDS TO GROW AT A NOMINAL AVERAGE ANNUAL RATE, THAT WILL PROVIDE A DEPENDABLE AND GROWING SOURCE OF FUNDING SUPPORT AND FINANCIAL DISTRIBUTIONS FOR THE UNIVERSITY, WHILE PRESERVING THE PRINCIPAL OF THE FUNDS AND PROTECTING THEIR VALUE FROM THE IMPACT OF INFLATION. |
| PART X, LINE 2: | THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE TAX YEAR ENDED MAY 31, 2011. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES -167,889. SCHOLARSHIPS AND GRANTS 41,822,306. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 167,889. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP AND GRANTS 41,822,306. |
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 | BENEDICTINE UNIVERSITY PUBLISHES ITS RACIALLY NON-DISCRIMINATORY POLICY IN ITS STUDENT AND EMPLOYEE RECRUITMENT MATERIALS, APPLICATIONS, BUS. TRANSACTIONS, LEGAL DOCUMENTS, CATALOG, OPERATIONAL MATERIALS, AND IN INTERNAL AND EXTERNAL COMMUNICATION. |
| SCHEDULE E, PART I, LINE 6 | THE INSTITUTION RECEIVED FINANCIAL AID FROM GOVERNMENT AGENCIES OF $15,309,310 AS INDICATED IN SUPPORT OF FORM 990, PAGE 9, LINE 1E. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EAST ASIA AND PACIFIC REGION | RegionTxt |
| Offices | 1 | OfficesCnt |
| Employee | 2 | EmployeeCnt |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConductedTxt |
| Specific Services Provided | PROVIDING EDUCATIONAL SERVICES FOR MASTERS LEVEL PROGRAM. | SpecificServicesProvidedTxt |
| Region Total Expenditures | $549,690 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 2 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Subtotal Spent | $549,690 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $549,690 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | PRES. GOLF OUTING | NameOfEvent1Amt |
| Gross Receipts Event1 | $333,863 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $274,140 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $59,723 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $155,563 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $4,000 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $8,326 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $333,863 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $274,140 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $59,723 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $155,563 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $4,000 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $8,326 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $167,889 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$108,166 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|
| INSTITUTIONAL | 3384 | $27,486,068 | $0 | OTHER | N/A |
| ENDOWED | 134 | $321,701 | $0 | OTHER | N/A |
| FEDERAL | 1742 | $7,278,853 | $0 | OTHER | N/A |
| STATE | 1488 | $5,406,582 | $0 | OTHER | N/A |
| OUTSIDE | 176 | $1,329,102 | $0 | OTHER | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | BENEDICTINE UNIVERSITY'S OFFICE OF FINANCIAL AID ADMINISTERS FEDERAL TITLE IV, STATE, PRIVATE AND INSTITUTIONAL GRANTS IN THE FORM OF STUDENT SCHOLARSHIPS, GRANTS, WAIVERS AND AWARDS. THE OFFICE OF FINANCIAL AID FOLLOWS SPECIFIC GRANT PROGRAM CRITERIA TO: DETERMINE STUDENT ELIGIBILITY AND SELECTION; MONITOR APPROPRIATE HANDLING OF FUNDS, AND; MEET REPORTING AND RECORD RETENTION REQUIREMENTS. DOCUMENTATION OF ALL STUDENT FINANCIAL ASSISTANCE FUNDING IS MAINTAINED IN THE STUDENTS AID FILE AND UNIVERSITY COMPUTER SYSTEM. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 (9 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WILLIAM J CARROLL | ||||||||||||||
| PRESIDENT | $490,107 | $23,300 | $100,000 | $0 | $67,151 | $0 | $17,850 | $0 | $22,081 | $0 | $697,189 | $23,300 | $0 | $0 |
| ALLAN GOZUM | ||||||||||||||
| TREASURER | $225,382 | $0 | $5,000 | $0 | $903 | $0 | $11,545 | $0 | $11,746 | $0 | $254,576 | $0 | $0 | $0 |
| CHARLES GREGORY | ||||||||||||||
| EXECUTIVE VICE-PRESIDENT | $325,584 | $0 | $75,000 | $0 | $11,599 | $0 | $17,850 | $0 | $21,657 | $0 | $451,690 | $0 | $0 | $0 |
| DONALD TAYLOR | ||||||||||||||
| PROVOST,VICE-PRESIDENT | $256,530 | $0 | $15,000 | $0 | $1,520 | $0 | $17,500 | $0 | $27,494 | $0 | $318,044 | $0 | $0 | $0 |
| BARTHOLOMEW NG | ||||||||||||||
| PROFESSOR | $165,884 | $0 | $0 | $0 | $4,498 | $0 | $12,081 | $0 | $18,421 | $0 | $200,884 | $0 | $0 | $0 |
| JAMES LUDEMA | ||||||||||||||
| PROFESSOR | $146,479 | $0 | $0 | $0 | $1,246 | $0 | $10,211 | $0 | $18,511 | $0 | $176,447 | $0 | $0 | $0 |
| MICHAEL BROMBERG | ||||||||||||||
| PRESIDENT - SPRINGFIELD CAMPUS | $148,286 | $0 | $0 | $0 | $1,953 | $0 | $10,380 | $0 | $7,344 | $0 | $167,963 | $0 | $0 | $0 |
| MICHAEL CARROLL | ||||||||||||||
| PRESIDENT - MESA CAMPUS | $161,033 | $0 | $0 | $0 | $12,365 | $0 | $11,110 | $0 | $11,307 | $0 | $195,815 | $0 | $0 | $0 |
| RALPH MEEKER | ||||||||||||||
| PROFESSOR | $157,964 | $0 | $0 | $0 | $4,016 | $0 | $11,204 | $0 | $14,549 | $0 | $187,733 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | DR. WILLIAM J. CARROLL, PRESIDENT OF THE COLLEGE, IS RECEIVING SUCH BENEFIT. | ExplanationTxt |
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 |
|---|---|---|---|---|---|---|---|---|
| ILLINOIS FINANCE AUTHORITY | ||||||||
| A | 861091967 | 45203HWK4 | 2013-11-20 | $19,638,077 | SEE PART VI | 0 | 0 | 0 |
| ILLINOIS FINANCE AUTHORITY | ||||||||
| B | 861091967 | NONEAVAIL | 2013-11-20 | $30,000,000 | SEE PART VI | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $19,638,077 | $1,739,042 | $17,050,973 | $274,867 | $573,196 | 2014 | Yes (1) | 0 | Yes (1) | Yes (1) |
| B | $30,000,000 | $10,107,566 | $424,168 | $19,468,266 | 2015 | Yes (1) | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | Yes (1) | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 0 |
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 | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| (no name) | |||||||||||
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| RBS CITIZENS NA | |||||||||||
| B | 0 | Yes (1) | 0 | 0 | Yes (1) | Yes (1) | 0 | Yes (1) | 6.800000000000 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I, BOND ISSUES: | LINE A, COLUMN (F), DESCRIPTION OF PURPOSE: ILLINOIS FINANCE AUTHORITY, SERIES 2013A - TO FINANCE PORTION OF NEW ACADEMIC BUILDING, CURRENT REFUNDING OF ALL OF SERIES 1999 BONDS, FUND DEBT SERVICE RESERVE FUND FOR THE BENEFIT OF SERIES 2013A AND PAY CERTAIN EXPENSES INCURRED IN CONNECTION WITH THE ISSUANCE OF 2013A. BENEDICTINE UNIVERSITY IS THE SOLE MEMBER OF FOUNDERS WOODS, LTD. (36-4376857). |
| SCHEDULE K, PART I, BOND ISSUES: | LINE B, COLUMN (F), DESCRIPTION OF PURPOSE: ILLINOIS FINANCE AUTHORITY, SERIES 2013B - TO FINANCE PORTION OF NEW ACADEMIC BUILDING, CURRENT REFUNDING ALL OF THE 2010A SERIES AND PAY CERTAIN COSTS OF ISSUING THE SERIES 2013B BONDS. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 42 | ContributionCnt |
| Noncash Contributions Rpt F990 | $57,595 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | ESTIMATED FAIR VALUE | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $6,435 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | ESTIMATED FAIR VALUE | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $1,050 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | ESTIMATED FAIR VALUE | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 10 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,870 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | ESTIMATED FAIR VALUE | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $357 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | ESTIMATED FAIR VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | GIFT CARDS/VO | 77 | $10,009 | ESTIMATED FAIR VALUE |
| Yes (X) | EQUIPMENT | 7 | $4,357 | ESTIMATED FAIR VALUE |
| Yes (X) | EVENT TICKETS | 17 | $2,825 | ESTIMATED FAIR VALUE |
| Yes (X) | MISCELLAENOUS | 3 | $1,222 | ESTIMATED FAIR VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. |
| PART I, LINE 33: | ALL IN-KIND CONTRIBUTIONS ARE RECORDED BY THE DEVELOPMENT OFFICE IN THEIR MILLENNIUM SOFTWARE SYSTEM, WHICH INCLUDES A CONCISE DESCRIPTION OF THE IN-KIND CONTRIBUTION AND A MEMO ENTRY OF THE VALUE SUGGESTED BY THE DONOR. HOWEVER, REVENUE IS NOT RECORDED IN THE FINANCIAL ACCOUNTS OF THE UNIVERSITY, UNLESS THE CONTRIBUTION IS MATERIAL AND A FAIR MARKET VALUE CAN BE DETERMINED. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | BENEDICTINE UNIVERSITY IS A MEMBERSHIP CORPORATION WITH TWO CLASSES OF PARTICIPANTS IN THE CORPORATION: MEMBERS AND TRUSTEES. MEMBERS OF THE CORPORATION ARE THE INDIVIDUALS CONSTITUTING THE BOARD OF DIRECTORS OF ST. PROCOPIUS ABBEY, A NOT-FOR-PROFIT CORPORATION. THE BENEDICTINE MONKS OF ST. PROCOPIUS ABBEY FOUNDED BENEDICTINE UNIVERSITY AS ST. PROCOPIUS COLLEGE IN 1887. |
| FORM 990, PART VI, SECTION A, LINE 7B | IT REQUIRES A TWO-THIRDS AFFIRMATIVE VOTE OF ALL MEMBERS TO APPROVE: (1) ANY SALE, MORTGAGE OR ENCUMBRANCE OF ANY REAL ESTATE OF THE UNIVERSITY; (2) THE MERGER, LIQUIDATION OR DISSOLUTION OF THE UNIVERSITY; (3) CHANGES OR AMENDMENTS OF THE ARTICLES OF INCORPORATION OF THE UNIVERSITY AND BY-LAWS; AND (4) ELECTION OF TRUSTEES. (NEW TRUSTEES ARE ELECTED BY A MAJORITY OF THE TRUSTEES IN OFFICE AT ANY REGULAR MEETING OF THE FULL BOARD.) |
| FORM 990, PART VI, SECTION B, LINE 11 | THE PROCESS USED BY THE UNIVERSITY TO REVIEW THE FORM 990: THE EXECUTIVE VICE PRESIDENT, VICE PRESIDENT OF FINANCE, COMPLIANCE OFFICER, AND THE DIRECTOR OF GENERAL ACCOUNTING REVIEW THE DRAFT FORM 990, TOGETHER WITH ITS OUTSIDE ACCOUNTING FIRM. THE COMPLETED 990 IS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. A COPY IS PROVIDED TO EACH MEMBER OF THE FULL BOARD OF TRUSTEES PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COMPLIANCE OFFICER ANNUALLY DISTRIBUTES THE CONFLICTS OF INTEREST POLICY AND DISCLOSURE QUESTIONNAIRE, TO TRUSTEES, OFFICERS, FACULTY AND STAFF. TRUSTEES RECEIVE A COPY OF THE CONFLICTS OF INTEREST POLICY IN THE TRUSTEE HANDBOOK. EACH IS REQUIRED TO ANNUALLY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST BY SIGNING AND SUBMITTING THE UNIVERSITY DISCLOSURE QUESTIONNAIRE AND UPDATING IT AS PERTINENT NEW INTERESTS OR SITUATIONS ARISE. RESPONSES TO THE DISCLOSURE QUESTIONNAIRE ARE REVIEWED AND DISCLOSED CONFLICTS ARE RESOLVED. THE OFFICE OF THE PROVOST, THE OFFICE OF BUSINESS AND FINANCE SERVICES, AND THE COMPLIANCE OFFICER PROVIDE ASSISTANCE BY ANSWERING QUESTIONS AND PROVIDING GUIDANCE ON APPROACHES TO RESOLVING CONFLICTS OF INTEREST. INDIVIDUALS WHO FAIL TO COMPLETE THE ANNUAL DISCLOSURE QUESTIONNAIRE AND/OR FAIL TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ARE SUBJECT TO APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PROCESS FOR DETERMINING COMPENSATION OF THE PRESIDENT, OTHER OFFICERS OR KEY EMPLOYEES OF THE UNIVERSITY: THE CHAIRMAN OF THE BOARD OF TRUSTEES AND FOUR OTHER INDEPENDENT MEMBERS OF THE BOARD COMPRISED THE COMPENSATION COMMITTEE. THIS GROUP REVIEWS AND DETERMINES EXECUTIVE COMPENSATION THROUGH THE USE OF COMPARABLE COMPENSATION DATA FROM VARIOUS SOURCES INCLUDING THE CHRONICLE OF HIGHER EDUCATION, PROFESSIONAL SEARCH FIRMS SPECIALIZING IN HIGHER EDUCATION PLACEMENT, AND CASE COMPENSATION DATA. THE COMMITTEE MET AND REVIEWED SALARY HISTORY AND PERFORMED AN ANALYSIS IN REACHING THE ANNUAL COMPENSATION. CONTEMPORANEOUS DOCUMENTATION WAS KEPT AND MAINTAINED. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL INFORMATION IS ALSO PUBLISHED IN THE UNIVERSITY'S VOICES MAGAZINE. IN FY 2014 THE BENEDICTINE UNIVERSITY CONFLICTS OF INTEREST POLICY IS AVAILABLE ON THE COMPLIANCE PAGE OF THE UNIVERSITY'S WEBSITE. |
| FORM 990, PART XI, LINE 9: | UNREALIZED GAIN ON INTEREST RATE SWAP 84,825. |
| FORM 990, PART XII, LINE 2C | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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 | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| FOUNDERS WOODS | ||||||||||
| 5700 COLLEGE ROAD | LISLE | IL | 60532 | 364376857 | SUPPORT BENEDICTINE | IL | 501(C)(3) | LINE 9 | N/A | 0 |
| SPRINGFIELD COLLEGE IN ILLINOIS | ||||||||||
| 1500 NORTH FIFTH STREET | SPRINGFIELD | IL | 62701 | 370663573 | EDUCATION | IL | 501(C)(3) | LINE 2 | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (6 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| FOUNDERS WOODS | ||
| R | $2,207,200 | COST |
| FOUNDERS WOODS | ||
| Q | $268,703 | COST |
| FOUNDERS WOODS | ||
| D | $10,069,377 | COST |
| FOUNDERS WOODS | ||
| J | $1 | COST |
| SPRINGFIELD COLLEGE IN ILLINOIS | ||
| D | $1,163,021 | COST |
| SPRINGFIELD COLLEGE IN ILLINOIS | ||
| K | $762,746 | COST |
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