2014-04-10T14:00:03-05:00 2013-06-30 CROWE HORWATH LLP 101 E Kennedy Blvd Suite 1250 Tampa FL 336025197 990 2012-07-01 590624412 JACKSONVILLE UNIVERSITY JACK 9042567082 2800 University Boulevard North Jacksonville FL 32211 GEORGE C SCADUTO 2014-04-10 true Rachel Spurlock P00520729 8132231316 2012 2015-11-30 17:44:51Z TIM COST 2800 University Boulevard North Jacksonville FL 32211 115505046 false X WWW.JU.EDU X 1934 FL THE MISSION OF JACKSONVILLE UNIVERSITY IS TO PREPARE EACH STUDENT FOR LIFE-LONG LEARNING, ACHIEVING, LEADING, AND SERVING. 33 32 1390 36 -374 -374 14874632 11491540 92801200 95056065 486456 1263145 3162735 3043726 111325023 110854476 38552094 39574361 0 0 37190842 39057492 0 0 1781184 34162324 31813091 109905260 110444944 1419763 409532 171205635 173999814 81527867 79615653 89677768 94384161 X OUR MISSION IS TO PREPARE STUDENTS FOR LIFE-LONG SUCCESS IN LEARNING, ACHIEVING, LEADING, AND SERVING. WE ACCOMPLISH THIS MISSION IN A SMALL, COMPREHENSIVE, INDEPENDENT UNIVERSITY COMMUNITY LOCATED WITHIN A VIBRANT METROPOLITAN SETTING. (CONTINUED IN SCHEDULE O) false false 91657074 39574361 98043992 JACKSONVILLE UNIVERSITY IS A SMALL, COMPREHENSIVE, INDEPENDENT UNIVERSITY COMBINING THE BEST ATTRIBUTES OF THE LIBERAL ARTS AND SCIENCES TRADITION AND PROFESSIONAL STUDIES. THE JU LEARNING COMMUNITY PROVIDES PERSONALIZED SERVICE AND CLOSE STUDENT-FACULTY INTERACTION WITH AN EMPHASIS ON ENGAGED LEARNING. THE COLLEGE OF ARTS & SCIENCES, THE DAVIS COLLEGE OF BUSINESS, THE COLLEGE OF FINE ARTS, THE COLLEGE OF HEALTH SCIENCES, THE COLLEGE OF INTERDISCIPLINARY AND PROFESSIONAL STUDIES AND THE SCHOOL OF ORTHODONTICS OFFER MORE THAN 40 UNDERGRADUATE MAJORS PLUS GRADUATE PROGRAMS IN BUSINESS, CHOREOGRAPHY, VISUAL ARTS, EDUCATION, MATH, MARINE SCIENCE, NURSING AND ORTHODONTICS. JACKSONVILLE UNIVERSITY PREPARES ITS STUDENTS TO SUCCEED IN MEANINGFUL CAREERS AND ADVANCED STUDY AT THE GRADUATE LEVEL AND ALSO TO FUNCTION AS WELL-EDUCATED, WELL-ROUNDED, SERVICE-MINDED CITIZENS IN OUR MODERN SOCIETY. 91657074 true true false false false false true false true true true false false true true true false true false true false false false false false false false true true false false false false true false true false true true false false true true true false false false true X 6148 0 true 1390 true true true false false false false false false false false false false X 33 32 false false false false false false false true true false false false true true true true true true false false FL X George C Scaduto 9042567082 2800 University Boulevard North Jacksonville FL 32211 CHARLES JO WODEHOUSE 1.00 0.00 X X 0 0 0 DR KERRY ROMESBURG 40.00 0.00 X X 471478 0 91713 FRED G PRUITT 1.00 0.00 X X 0 0 0 MARGARET BLACK-SCOTT 1.00 0.00 X X 0 0 0 MATTHEW KANE 1.00 0.00 X X 0 0 0 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0.00000 0.91940 0.08060 false false 1577548 1577548 112941440 33671836 79269604 0 27090439 21230164 5860275 9299354 3606936 5692418 92399845 0 0 BENEFICIAL INTEREST IN TRUSTS 18367069 F REAL ESTATE TRUSTS 471093 F FICURMA SUBORDINATED DEBENTURES 380775 F LIMITED PARTNERSHIPS INVESTING IN PRIVATE EQUITY 6206782 F 25425719 0 STUDENT DEPOSITS 439017 ACCRUED LIABILITIES 6146939 TRUST LIABILITIES 273230 CAPITAL LEASE OBLIGATIONS 44973 ADVANCES FROM FEDERAL GOV'T 2434898 INTEREST RATE SWAPS 1300124 10639181 X Collections of art - description of collections Schedule D, Part III, Line 4 THE ART COLLECTION REPRESENTS HUNDREDS OF PIECES OF ART WORK, PAINTINGS, AND SCULPTURES DONATED TO THE UNIVERSITY OVER THE PAST 75 YEARS. Intended uses of endowment funds Schedule D, Part V, Line 4 DONOR-RESTRICTED ENDOWMENT FUNDS ARE INTENDED TO BE HELD IN PERPETUITY, WITH THE EARNINGS THEREOF USED FOR THE STATED PURPOSE DEFINED IN THE GIFT INSTRUMENTS. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. U.S. GAAP PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF THE TAX POSITION IS CONSIDERED MORE-LIKELY-THAN-NOT TO BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO BENEFIT IS RECORDED. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION BY U.S. FEDERAL TAXING AUTHORITIES FOR YEARS PRIOR TO JUNE 30, 2009. THE UNIVERSITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFIT TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE UNIVERSITY RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE UNIVERSITY DID NOT HAVE ANY AMOUNT ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2013 AND 2012. true true true true true true true false false false false false false false false true false true Racially nondiscriminatory policy Schedule E, Part I, Line 3 JACKSONVILLE UNIVERSITY PUBLISHES ITS NONDISCRIMINATORY POLICIES IN VARIOUS DOCUMENTS OF THE UNIVERSITY, INCLUDING THE SCHOOL CATALOG, STUDENT HANDBOOK, REGISTRATION POSTERS, AND NEWSPAPER ADVERTISEMENTS. Financial aid or assistance from a governmental agency Schedule E, Part I, Line 6a IN ORDER TO PROVIDE STUDENTS WITH ADEQUATE FINANCIAL AID PACKAGES, THE UNIVERSITY PARTICIPATES IN BOTH FEDERAL AND STATE FINANCIAL AID PROGRAMS. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 2932975 2932975 true false true false false false true STUDENT WORK AWARDS 424 394076 0 N/A N/A SCHOLARSHIPS 2125 34380760 0 N/A N/A STUDENT LOAN CANCELLATIONS 17 16825 0 N/A N/A FEDERAL PELL GRANT PROGRAM 1213 4245861 0 N/A N/A FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS 424 273701 0 N/A N/A COLLEGE WORK-STUDY PROGRAMS 274 263138 0 N/A N/A Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 ALL GRANT EXPENDITURES ARE REVIEWED BY THE GRANT ACCOUNTANT FOR REASONABLENESS, ALLOWABLE EXPENDITURES, AND COMPLIANCE TO THE GRANT REGULATIONS AND CRITERIA. ALL SCHOLARSHIPS AND ASSISTANCE ARE PROVIDED AS A CREDIT TO THE STUDENT'S TUITION ACCOUNT. X true true X X X false true false true false true false true false DR KERRY ROMESBURG 318470 0 151913 0 1095 0 84313 0 7400 0 563191 0 0 0 DR LOIS BECKER 191064 0 6000 0 516 0 12200 0 16564 0 226344 0 0 0 GEORGE C SCADUTO 195000 0 0 0 516 0 11700 0 1376 0 208592 0 0 0 TERRY WHITTUM 185821 0 0 0 516 0 5680 0 9996 0 202013 0 0 0 KERWIN BELL 197519 0 68479 0 180 0 12360 0 13551 0 292089 0 0 0 MICHAEL HOWLAND 166358 0 0 0 516 0 10700 0 17448 0 195022 0 0 0 JON WARREN 217758 0 12848 0 120 0 11742 0 13412 0 255880 0 0 0 MARK ALARBI 215002 0 138862 0 108 0 6123 0 7865 0 367960 0 0 0 WILLIAM M CROSBY 180265 0 0 0 885 0 10867 0 8578 0 200595 0 0 0 JUDITH ERICKSON 170424 0 0 0 656 0 8850 0 6965 0 186895 0 0 0 DEREK HALL 136494 0 0 0 130 0 8100 0 7616 0 152340 0 0 0 JOHN BALOG 139324 0 0 0 721 0 8430 0 7102 0 155577 0 0 0 Housing allowance or residence for personal use Schedule J, Part I, Line 1a MICHAEL HOWLAND RECEIVED A TAXABLE HOUSING ALLOWANCE AS PART OF HIS EMPLOYMENT CONTRACT. THIS BENEFIT ENDED ON JANUARY 31, 2012. Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b PRESIDENT ROMESBURG PARTICIPATES IN A 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN. TOTAL CONTRIBUTIONS FOR 2012 WERE $48,081. Compensation contingent on revenues of the organization Schedule J, Part I, Line 5a A PORTION OF KERWIN BELL'S (HEAD FOOTBALL COACH) AND JON WARREN'S (HEAD BASKETBALL COACH) BONUS COMPENSATION PAYMENTS IN 2012 IS BASED ON A PERCENTAGE SHARING AGREEMENT WHEREBY CONTRACTED GUARANTEE REVENUE PAYMENTS FOR THE UNIVERSITY TO PLAY CERTAIN NATIONAL PROFILE FOOTBALL AND BASKETBALL PROGRAMS EXCEEDS A MINIMUM BASELINE REVENUE LEVEL ESTABLISHED BY THE UNIVERSITY. Compensation contingent on net earnings of the organization Schedule J, Part I, Line 6a THE BONUS COMPENSATION PAYMENTS FOR DR. MARK ALARBI, REPRESENT CONTRACTUAL AGREEMENTS THAT PROVIDE THESE ORTHODONTICS PROGRAM FACULTY MEMBERS ADDITIONAL COMPENSATION FOR A PERCENTAGE OF THE NET ACCRUAL OPERATIONAL EARNINGS GENERATED BY THE UNIVERSITY'S ORTHODONTIC CLINIC. THE UNIVERSITY OPERATES A VERY SUCCESSFUL, HIGH CUSTOMER VOLUME, ORTHODONTIC TEACHING CLINIC THAT SERVES THE DENTAL NEEDS OF THE LOCAL COMMUNITY WHILE PROVIDING THE NECESSARY CLINICAL TRAINING FOR STUDENTS ATTENDING THE UNIVERSITY'S ACCREDITED ORTHODONTIC PROFESSIONAL CERTIFICATION PROGRAM. Non-fixed payments Schedule J, Part I, Line 7 DR. LOIS BECKER RECEIVED A BONUS THAT WAS NON-CONTRACTUAL IN THE AMOUNT OF $6,000. SEE STATEMENT . 170814 DISCOUNTED TUITION HOLLY HALL SPOUSE OF DEREK HALL, AN OFFICER OF JU 16804 COMPENSATION false GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS SCHEDULE L, PART III COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. PURSUANT TO THE INSTRUCTIONS TO FORM 990, SCHEDULE L, PART III, COLUMNS (A) AND (B) HAVE BEEN LEFT BLANK. X 2 210000 OPINIONS OF EXPERTS X 6048 MARKET VALUE X 1 8000 MARKET VALUE X MISC FURNITURE & EQUIP 10 55605 MARKET VALUE X MISCELLANEOUS 8 12610 MARKET VALUE 2 false true false NUMBER OF CONTRIBUTIONS SCHEDULE M, PART I THE NUMBER IN COLUMN (B) FOR ALL NONCASH CONTRIBUTIONS REFLECTS THE NUMBER OF CONTRIBUTIONS RECEIVED. Number of contributions or items contributed. Schedule M, part I, column (b), Line 1 Number of contributions or items contributed. Schedule M, part I, column (b), Line 4 Number of contributions or items contributed. Schedule M, part I, column (b), Line 7 Number of contributions or items contributed. Schedule M, part I, column (b), Line other=MISC FURNITURE & EQUIP ORGANIZATION'S MISSION STATEMENT FORM 990, PART III, LINE 1 (CONTINUED FROM PART III) THE UNIVERSITY SERVES AN ETHNICALLY AND GEOGRAPHICALLY DIVERSE, PREDOMINANTLY UNDERGRADUATE STUDENT BODY, AS WELL AS ADULT LEARNERS IN SELECTED UNDERGRADUATE AND GRADUATE PROGRAMS. OUR LEARNING COMMUNITY PROVIDES PERSONALIZED SERVICE, CLOSE STUDENT-FACULTY INTERACTION, AND AN EXTENSIVE ARRAY OF EDUCATIONAL AND CO-CURRICULAR PROGRAMS. WE EMPHASIZE ENGAGED LEARNING, THE INTEGRATION OF THINKING WITH DOING, AND THE COMBINATION OF PROFESSIONAL PREPARATION WITH A STRONG LIBERAL ARTS FOUNDATION. FORM 1098-C FORM 990, PART V, LINE 7H THE ORGANIZATION MISTAKENLY FAILED TO FILE THE FORM 1098-C UPON RECEIPT OF A DONATED VEHICLE. THE ORGANIZATION HAS ADOPTED PROCEDURES TO ENSURE THE FORM WILL BE FILED TIMELY WHEN ANY VEHICLES ARE RECEIVED AS A DONATION. Delegate broad authority to a committee Form 990, Part VI, Section A, Line 1a THE EXECUTIVE COMMITTEE HAS ALL POWERS OF THE BOARD EXCEPT AS PROHIBITED BY LAW AND EXCEPT THAT IT SHALL NOT HAVE THE POWER TO ALTER OR REVOKE ANY PREVIOUS ORDER, RESOLUTION OR VOTE OF A MEETING OF THE BOARD UNLESS SPECIFICALLY GRANTED SUCH POWER BY THE BOARD. THE COMMITTEE SHALL HAVE AS ITS SPECIAL RESPONSIBILITY OVERSIGHT FOR THE PREPARATION AND IMPLEMENTATION OF THE UNIVERSITY'S STRATEGIC PLAN PRESENTED BY THE PRESIDENT. THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL CONSIST OF ALL THE OFFICERS OF THE BOARD AND THE CHAIRS OF THE STANDING COMMITTEES. THE PRESIDENT OF THE UNIVERSITY SHALL SERVE ON THE EXECUTIVE COMMITTEE WITHOUT VOTE. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE UNIVERSITY USES EXTERNAL TAX ADVISERS TO PREPARE AND REVIEW ITS 990 TAX RETURN. THE CONTENT INFORMATION FOR THE RETURN IS PROVIDED BY THE CONTROLLER OF THE UNIVERSITY. THE CONTROLLER AND EXTERNAL TAX ADVISERS WORK COLLECTIVELY TO ACCURATELY COMPLETE THE RETURN IN A TIMELY FASHION. THE FINAL REVIEW OF THE RETURN IS DONE BY THE UNIVERSITY'S VP FINANCE AND ADMIN AND IS ALSO MADE AVAILABLE FOR REVIEW (IF REQUESTED) BY OTHER KEY EXECUTIVES OF THE UNIVERSITY AS WELL AS ALL MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. Conflict of interest policy Form 990, Part VI, Section B, Line 12c THE UNIVERSITY REQUIRES ON AN ANNUAL BASIS WRITTEN CONFIRMATION FROM ALL EXECUTIVE STAFF AND BOARD OF TRUSTEES' MEMBERS FULL & COMPLETE ACKNOWLEDGEMENT OF COMPLIANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. THE UNIVERSITY'S PURCHASING POLICIES & PROCEDURES ALSO ENSURE THAT ALL PURCHASING DECISIONS ARE EVALUATED ON A STRINGENT QUALITY AND COST/BENEFIT PROCESS THAT IS NOT INFLUENCED BY POTENTIAL RELATED PARTY OF CONFLICT OF INTEREST. INDIVIDUALS ARE PROHIBITED FROM VOTING ON ANY MATTER WHERE A CONFLICT OF INTEREST EXISTS. IF AN INDIVIDUAL IS UNSURE WHETHER A CONFLICT EXISTS OR NOT, THEY MAY REQUEST THE BOARD OR COMMITTEE TO RESOLVE THE MATTER VIA VOTE. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE UNIVERSITY DETERMINES ITS ANNUAL COMPENSATION FOR ALL EXECUTIVE, SENIOR LEVEL AND KEY EMPLOYEES ON A CONSISTENT BASIS THROUGH THE USE OF INDEPENDENT, COMPARATIVE COMPENSATION DATA FROM PEER INSTITUTIONS OF SIMILAR SIZE AND COMPLEXITY. THE EMPLOYMENT CONTRACTS OF THE UNIVERSITY'S PRESIDENT AND OTHER KEY SENIOR OFFICERS AND EMPLOYEES ARE ALSO REVIEWED AND APPROVED BY A SELECT GROUP OF BOARD OF TRUSTEE'S MEMBERS. THE EVALUATION IS PERFORMED ANNUALLY, THE LAST TIME BEING MARCH 2013. EVIDENCE OF DELIBERATION AND DECISION IS CONTAINED IN THE MINUTES OF THE BOARD OF TRUSTEES MEETINGS PROCESS OF DETERMINING COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES FORM 990, PART VI, LINE 15B THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE PRESIDENT. THE PRESIDENT USES COMPARABILITY INFORMATION TO DETERMINE REASONABLE COMPENSATION IN COMPARISON TO SIMILAR SIZED AND STRUCTURED COLLEGES AND UNIVERSITIES. THIS REVIEW IS CONDUCTED ANNUALLY AND IS DOCUMENTED IN EACH EMPLOYEE'S FILE. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 COPIES OF THE ORGANIZATION'S FORM 990 AND RELATED DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE OFFICE OF THE CONTROLLER AT THE UNIVERSITY'S ADDRESS OF RECORD. Other changes in net assets or fund balances Form 990 , Part XI, Line 9 CHANGE IN VALUE OF INTEREST RATE SWAP - 729481; JACKSONVILLE UNIVERSITY CLINIC LLC 2800 UNIVERSITY BOULEVARD NORTH JACKSONVILLE FL 32211 043648158 ORTHODONTIC CLINIC OPERATIONS FL 3420133 416938 JU CHARITABLE REMAINDER TRUSTS (3) TRUST FL JU TRUST false false false false false false false false false false false false false false false false false false false