PACE UNIVERSITY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- PACE UNIVERSITY (EIN 13-5562314)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-03-28
- IRS object ID
- 201420879349300612
- Schema version
- 2012v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-03-28T10:31:33-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 MADISON AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135562314 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PACE UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % ROBERT C ALMON | InCareOfName |
| Name Control | PACE | NameControl |
| Phone | 2123461227 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PACE PLAZA | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100381598 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT C ALMON | Name |
| Title | EVP FINANCE AND CFO | Title |
| Phone | 6464713000 | Phone |
| Date Signed | 2014-03-26 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6464713000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STEPHEN J FRIEDMAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PACE PLAZA | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100381598 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 473852730 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PACE.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1906 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | PACE UNIVERSITY CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF ITS QUALIFIED & DIVERSE STUDENT POPULATION. DIVERSE PROGRAMS ARE OFFERED AT THE GRADUATE AND UNDERGRADUATE LEVELS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 26 | NbrIndependentVotingMembers |
| Total Nbr Employees | 5566 | TotalNbrEmployees |
| Total Nbr Volunteers | 111 | TotalNbrVolunteers |
| Total Gross UBI | -23059 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -50409 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 20531491 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 16573280 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 403474135 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 430413585 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 16521672 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3521354 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 3343889 | OtherRevenuePriorYear |
| Other Revenue Current Year | 5731597 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 443871187 | TotalRevenuePriorYear |
| Total Revenue Current Year | 456239816 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 122290052 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 130396880 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 196350141 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 192428239 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 480518 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 502875 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 5351008 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 117846319 | OtherExpensePriorYear |
| Other Expenses Current Year | 126330536 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 436967030 | TotalExpensesPriorYear |
| Total Expenses Current Year | 449658530 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6904157 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6581286 | RevenuesLessExpensesCY |
| Total Assets BOY | 464485299 | TotalAssetsBOY |
| Total Assets EOY | 477836641 | TotalAssetsEOY |
| Total Liabilities BOY | 323926216 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 317016848 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 140559083 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 160819793 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | PACE UNIVERSITY EDUCATES STUDENTS TO BE "THINKING PROFESSIONALS", HIGHLY SOUGHT AFTER AS INNOVATORS AND SUCCESSFUL LEADERS WHO POSITIVELY IMPACT TWENTY-FIRST CENTURY SOCIETY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 121923892 | Expense |
| Grants | 0 | Grants |
| Revenue | 366051768 | Revenue |
| Description | INSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 130396880 | Expense |
| Grants | 130396880 | Grants |
| Revenue | 4276698 | Revenue |
| Description | SCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 49940888 | Expense |
| Grants | 0 | Grants |
| Revenue | 49540045 | Revenue |
| Description | AUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES. | Description |
Activity Other ActivityOther (3 entries)
| ExpenseExpense | GrantsGrants | RevenueRevenue | DescriptionDescription |
|---|---|---|---|
| 45147257 | 0 | 4538862 | ACADEMIC SUPPORT |
| 40888725 | 0 | 4688780 | STUDENT SERVICES |
| 3888043 | 0 | 1317432 | RESEARCH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 89924025 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 10545074 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 392185685 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 318 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 5566 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 26 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT C ALMON | NamePerson |
| Telephone Number | 2123461227 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PACE UNIVERSITY235 ELM ROAD | AddressLine1 |
| City | BRIARCLIFF MANOR | City |
| State | NY | State |
| ZIP Code | 10510 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (58 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Aniello A Bianco | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Philip F Bleser | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Donald L Boudreau | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Christopher A Edwards | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| John A Gerson | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Cynthia Greer Goldstein | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Barry M Gosin | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Bridget-Anne Hampden | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| James E Healey | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Charles N Jordan Jr | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Harold O Levy | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Suresh Munshani | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Edward F Murphy | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| John T O'Connor Esq | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Michael O'Reilly | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| David J Pecker | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Barbara Ann Porceddu | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Maria Fiorini Ramirez | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Carol Raphael | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Jack J Ribeiro | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Robert A Rivero | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Joseph F Ryan | |||||||||
| Trustee, Full Time Faculty | 1.0 | X | 190296 | 0 | 55980 | ||||
| Jack L Salzman | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Ivan G Seidenberg | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Marie J Toulantis | |||||||||
| Trustee,Interim VP Univ.Relati | 1.0 | X | 98534 | 0 | 8563 | X | |||
| Hal J Upbin | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Grant M Wilson | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Richard F Zannino | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Stephen J Friedman | |||||||||
| President and Trustee | 40.0 | X | 628445 | 0 | 43208 | X | |||
| Thomas J Quinlan III | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Photeine M Anagnostopoulos | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Mark M Besca | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Uday Sukhatme SCD | |||||||||
| Provost & EVP Academic Affairs | 40.0 | 252276 | 0 | 31237 | X | ||||
| Stephen Brodsky | |||||||||
| Corp Secretary & Legal Counsel | 40.0 | 203504 | 0 | 48267 | X | ||||
| Robert GM Keating | |||||||||
| VP Strategic Initiatives | 40.0 | 218715 | 0 | 24357 | X | ||||
| William McGrath | |||||||||
| SVP & Chief Admin Officer | 40.0 | 279704 | 0 | 28546 | X | ||||
| Robina C Schepp | |||||||||
| VP Enrollment AND Placement | 40.0 | 234694 | 0 | 25354 | X | ||||
| Toby R Winer | |||||||||
| EVP, Chief Financial Officer | 40.0 | 317018 | 0 | 26133 | X | ||||
| Elizabeth Garti | |||||||||
| ASSOCIATE VP Human Resources | 40.0 | 128709 | 11283 | X | |||||
| Matteo Renna | |||||||||
| ASSOCIATE VP Human Resources | 40.0 | 143840 | 0 | 40648 | X | ||||
| Thomas A Hull | |||||||||
| VP INFORMATION TECHNOLOGY, CIO | 40.0 | 228110 | 0 | 37877 | X | ||||
| Jennifer Bernstein | |||||||||
| VP Development&Alumni Relation | 40.0 | 197886 | 0 | 40266 | X | ||||
| Frederica N Wald | |||||||||
| VP & Chief Mrktg Officer U Rel | 40.0 | 90936 | 0 | 4802 | X | ||||
| Thomas Brady | |||||||||
| Treasurer | 40.0 | 150444 | 0 | 28569 | X | ||||
| Harriet R Feldman | |||||||||
| DEAN, HEALTH PROFESSIONS | 40.0 | 323058 | 0 | 40338 | X | ||||
| Nira Herrmann | |||||||||
| Dean, Dyson College Arts & Sci | 40.0 | 299946 | 0 | 27196 | X | ||||
| Constance A Knapp | |||||||||
| Interim Dean,Seidenberg School | 40.0 | 192116 | 0 | 53583 | X | ||||
| Michelle S Simon | |||||||||
| Dean, School of Law | 40.0 | 385897 | 0 | 36839 | X | ||||
| Neal S Braun | |||||||||
| Dean, Lubin School of Business | 40.0 | 326540 | 0 | 32923 | X | ||||
| Geraldine Colombraro | |||||||||
| Interim Dean, Health Professio | 40.0 | 170567 | 0 | 36247 | X | ||||
| Andrea M Spencer | |||||||||
| Dean, School of Education | 40.0 | 182175 | 0 | 30990 | X | ||||
| Amar Gupta | |||||||||
| Dean, Seidenberg School | 40.0 | 169258 | 0 | 21621 | X | ||||
| Michael Szenberg | |||||||||
| Professor, Lubin School | 40.0 | 246815 | 0 | 56155 | X | ||||
| Samir El-Gazzar | |||||||||
| Professor, Lubin School | 40.0 | 257601 | 0 | 62945 | X | ||||
| Rudolph A Jacob | |||||||||
| Professor, Lubin School | 40.0 | 238982 | 0 | 60657 | X | ||||
| Daniel Baugher | |||||||||
| Professor, Lubin School | 40.0 | 234674 | 0 | 72192 | X | ||||
| John Nolon | |||||||||
| Professor, Law School | 40.0 | 297213 | 0 | 66214 | X | ||||
| Robert C Almon | |||||||||
| EVP FINANCE & PLANNING, CFO | 40.0 | 210834 | 0 | 24366 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 6898787 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 1077356 | TotalOtherCompensation |
| Number Individuals GT100 K | 351 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ABM Janitorial Svcs Northeast Inc | |||||
| 551 Fifth Avenue Suite 300 | NEW YORK | NY | 10176 | CLEANING SERVICES | 7937539 |
| JRM CONSTRUCTION MANAGEMENT LLC | |||||
| 242 WEST 36TH STREET 9TH FLOOR | NEW YORK | NY | 10018 | CONSTRUCTION SERVICE | 5886667 |
| WINFIELD SECURITY CORP | |||||
| 57 WEST 38TH STREET | NEW YORK | NY | 10018 | SECURITY SERVICES | 4816253 |
| TMP WORLDWIDE | |||||
| 205 HUDSON STREET 5TH FLOOR | NEW YORK | NY | 10013 | ADVERTISING SERVICES | 1755638 |
| CHARTWELLS DINING SERVICE | |||||
| 303 CROSSWAYS PARK DRIVE | WOODBURY | NY | 11797 | FOOD SERVICES | 9253391 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 126 | NumberOfContractorsGT100K |
| Fundraising Events | 1412405 | FundraisingEvents |
| Government Grants | 9009877 | GovernmentGrants |
| All Other Contributions | 6150998 | AllOtherContributions |
| Noncash Contributions | 659108 | NoncashContributions |
| Total Contributions | 16573280 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 377635374 | 377635374 |
| DORMITORY RENTALS | 900099 | 41361288 | 41361288 |
| FOOD SERVICE REVENUE | 900099 | 8153947 | 8153947 |
| ACADEMIC ACTIVITIES | 900099 | 2807468 | 2807468 |
| BOOKSTORE COMMISSIONS | 900099 | 350000 | 350000 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 105508 | TotalRevenueColumn |
| Related Or Exempt Function Income | 105508 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 430413585 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2305308 | TotalRevenueColumn |
| Unrelated Business Revenue | -23059 | UnrelatedBusinessRevenue |
| Exclusion | $2,328,367 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 70094 | TotalRevenueColumn |
| Exclusion | $70,094 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 2244312 | Real |
| Personal | 0 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 2218757 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 25555 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 25555 | TotalRevenueColumn |
| Exclusion | $25,555 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15970482 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 14754436 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1216046 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1216046 | TotalRevenueColumn |
| Exclusion | $1,216,046 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 276815 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 1412405 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 639721 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -362906 | TotalRevenueColumn |
| Exclusion | -$362,906 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| REALIZED GAIN SETTLEMENT OF DERIVATIVE INSTRUMENT | 900099 | 1829896 | $1,829,896 |
| OTHER INCOME | 900099 | 4168958 | $4,168,958 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 5998854 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 456239816 | TotalRevenueColumn |
| Related Or Exempt Function Income | 430413585 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -23059 | UnrelatedBusinessRevenue |
| Exclusion | $9,276,010 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 130396880 | Total |
| Program Services | 130396880 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6537340 | Total |
| Program Services | 2924113 | ProgramServices |
| Management And General | 3232987 | ManagementAndGeneral |
| Fundraising | 380240 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 138101643 | Total |
| Program Services | 117005978 | ProgramServices |
| Management And General | 18768365 | ManagementAndGeneral |
| Fundraising | 2327300 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9710061 | Total |
| Program Services | 8226805 | ProgramServices |
| Management And General | 1319621 | ManagementAndGeneral |
| Fundraising | 163635 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28094697 | Total |
| Program Services | 23803102 | ProgramServices |
| Management And General | 3818141 | ManagementAndGeneral |
| Fundraising | 473454 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9984498 | Total |
| Program Services | 8297049 | ProgramServices |
| Management And General | 1502656 | ManagementAndGeneral |
| Fundraising | 184793 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 384539 | Total |
| Program Services | 62530 | ProgramServices |
| Management And General | 318709 | ManagementAndGeneral |
| Fundraising | 3300 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 655491 | Total |
| Management And General | 655491 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 502875 | Total |
| Fundraising | 502875 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 385536 | Total |
| Management And General | 385536 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9219729 | Total |
| Program Services | 5858694 | ProgramServices |
| Management And General | 2934098 | ManagementAndGeneral |
| Fundraising | 426937 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4144527 | Total |
| Program Services | 3570160 | ProgramServices |
| Management And General | 497284 | ManagementAndGeneral |
| Fundraising | 77083 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10421490 | Total |
| Program Services | 6626860 | ProgramServices |
| Management And General | 3631839 | ManagementAndGeneral |
| Fundraising | 162791 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2263477 | Total |
| Program Services | 1179046 | ProgramServices |
| Management And General | 975872 | ManagementAndGeneral |
| Fundraising | 108559 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52152407 | Total |
| Program Services | 45800481 | ProgramServices |
| Management And General | 6351926 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6292042 | Total |
| Program Services | 5392535 | ProgramServices |
| Management And General | 762811 | ManagementAndGeneral |
| Fundraising | 136696 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 726424 | Total |
| Program Services | 444673 | ProgramServices |
| Management And General | 124338 | ManagementAndGeneral |
| Fundraising | 157413 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5060235 | Total |
| Program Services | 4499521 | ProgramServices |
| Management And General | 560714 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10236813 | Total |
| Program Services | 9251900 | ProgramServices |
| Management And General | 984913 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 993164 | Total |
| Program Services | 615318 | ProgramServices |
| Management And General | 372846 | ManagementAndGeneral |
| Fundraising | 5000 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MEALS COSTS&STUDENT ACTIVITY | 9210681 | 8477828 | 620603 | 112250 |
| LIBRARY BOOK PURCHASES | 2339823 | 2323309 | 16514 | |
| EQUIPMENT REPAIR/SMALL CAP | 1262278 | 1088173 | 174105 | |
| LOSS ON REFUNDING OF DEBT | 4322084 | 3843163 | 478921 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6259796 | Total |
| Program Services | 2497567 | ProgramServices |
| Management And General | 3633547 | ManagementAndGeneral |
| Fundraising | 128682 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 449658530 | Total |
| Program Services | 392185685 | ProgramServices |
| Management And General | 52121837 | ManagementAndGeneral |
| Fundraising | 5351008 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25668948 | BOY |
| EOY | 18421002 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14468755 | BOY |
| EOY | 11845608 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8828060 | BOY |
| EOY | 9044833 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13347848 | BOY |
| EOY | 13146825 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41621 | BOY |
| EOY | 41621 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9336578 | BOY |
| EOY | 4814525 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 426355361 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 157046102 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 260175782 | BOY |
| EOY | 269309259 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101575462 | BOY |
| EOY | 121910971 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22806271 | BOY |
| EOY | 17960243 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8235974 | BOY |
| EOY | 11341754 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 464485299 | BOY |
| EOY | 477836641 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33046862 | BOY |
| EOY | 36756619 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12550303 | BOY |
| EOY | 12725794 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10430171 | BOY |
| EOY | 13764323 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72327000 | BOY |
| EOY | 104869721 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85250000 | BOY |
| EOY | 53670000 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 110321880 | BOY |
| EOY | 95230391 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 323926216 | BOY |
| EOY | 317016848 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 640564 | BOY |
| EOY | 8864584 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63052550 | BOY |
| EOY | 74961052 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76865969 | BOY |
| EOY | 76994157 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140559083 | BOY |
| EOY | 160819793 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 464485299 | BOY |
| EOY | 477836641 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6581286 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 13626238 | ReconciliationUnrealizedInvest |
| Reconcilation Donated Services | 0 | ReconcilationDonatedServices |
| Reconcilation Prior Adjustment | 0 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 53186 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | true | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | true | MailingsMembers |
| Mailings Members | $150 | MailingsMembersAmount |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $4,666 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $1,764 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 6580 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| LOBBYING ACTIVITIES | SCHEDULE C, PART II-B, QUESTIONS 1(B),1(G) | LOBBYING IS NOT A SUBSTANTIAL PART OF PACE UNIVERSITY'S OVERALL BUDGET. PACE ENGAGES IN INSUBSTANTIAL LEGISLATIVE ADVOCACY AT THE FEDERAL LEVEL AND MODEST ACTIVITY AT THE NEW YORK STATE AND NEW YORK CITY LEVELS. THE UNIVERSITY'S LOBBYISTS OCCASIONALLY ADVOCATE FOR APPROPRIATIONS FOR PROGRAMS OF IMPORTANCE TO THE UNIVERSITY. PACE UNIVERSITY RECEIVES FUNDING FOR STUDENT AID FROM THE STATE OF NEW YORK AND THE FEDERAL GOVERNMENT. THE AMOUNT AND CONTINUATION OF THESE FUNDS ARE NOT GUARANTEED. THE MAJORITY OF THE UNIVERSITY'S EFFORTS ARE RELATED TO ACTIVITIES SUPPORTING STUDENT AID. THE UNIVERSITY HAS CONDUCTED MINIMAL LOBBYING ACTIVITIES RELATED TO HIGHER EDUCATION ISSUES, ISSUES THAT AFFECT PACE'S DAY TO DAY OPERATIONS, AND OTHER ISSUES RELATED TO OUR ORGANIZATIONAL MISSION. THE UNIVERSITY ALSO ENGAGES IN LEGISLATIVE ADVOCACY RELATING TO DOMESTIC RELATIONS ISSUES (IN CONNECTION WITH PACE'S WOMEN'S JUSTICE CENTER) AND ENVIRONMENTAL ISSUES(IN CONNECTION WITH PACE'S LAND USE LAW CENTER). |
| OTHER LOBBYING ACTIVITIES | SCHEDULE C, PART II-B, QUESTION 1(I) | UNIVERSITY STUDENTS PARTICIPATE IN ANNUAL LOBBY DAY ACTIVITIES ORGANIZED BY CICU (COMMISSION FOR INDEPENDENT COLLEGES AND UNIVERSITIES), DURING WHICH THE STUDENTS, ACCOMPANIED BY OUR REGISTERED LOBBYISTS, MEET WITH ELECTED OFFICIALS TO DISCUSS THE IMPORTANCE OF STATE FINANCIAL AID AND OTHER ISSUES. |
| MAILINGS TO MEMBERS, LEGISLATORS, OR THE PUBLIC | SCHEDULE C, PART II-B, QUESTION 1(D) | Mailings were made to elected officials to advocate on behalf of student aid funding and/or legislative priorities. |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 121762155 | BeginningOfYearBalance |
| Contributions | 2427072 | Contributions |
| Investment Earnings Or Losses | 16795741 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1986567 | GrantsOrScholarships |
| Other Expenditures | 1364127 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 137634274 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 124108887 | BeginningOfYearBalance |
| Contributions | 2493401 | Contributions |
| Investment Earnings Or Losses | -1963147 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1296268 | GrantsOrScholarships |
| Other Expenditures | 1580718 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 121762155 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 102527976 | BeginningOfYearBalance |
| Contributions | 3441952 | Contributions |
| Investment Earnings Or Losses | 20903392 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1502690 | GrantsOrScholarships |
| Other Expenditures | 1261743 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 124108887 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 92989794 | BeginningOfYearBalance |
| Contributions | 3605979 | Contributions |
| Investment Earnings Or Losses | 8484805 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1141470 | GrantsOrScholarships |
| Other Expenditures | 1411132 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 102527976 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 118836147 | BeginningOfYearBalance |
| Contributions | 3855278 | Contributions |
| Investment Earnings Or Losses | -27283860 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1311619 | GrantsOrScholarships |
| Other Expenditures | 1106152 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 92989794 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.06000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.52000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.42000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12659093 | OtherCostOrOtherBasis |
| Book Value | 12659093 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 308835743 | OtherCostOrOtherBasis |
| Depreciation | 96849249 | Depreciation |
| Book Value | 211986494 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 29872414 | OtherCostOrOtherBasis |
| Depreciation | 12414003 | Depreciation |
| Book Value | 17458411 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 73935078 | OtherCostOrOtherBasis |
| Depreciation | 47782850 | Depreciation |
| Book Value | 26152228 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1053033 | OtherCostOrOtherBasis |
| Book Value | 1053033 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 269309259 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED RENTAL REVENUE | $6,609,378 |
| ACCRUED POSTRETIRE. BEN. OBLG. | $85,162,816 |
| ASSET RETIREMENT OBLIGATION | $3,458,197 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 95230391 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 341995302 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 13626238 | NetUnrealizedGainsInvestments |
| Other Revenues | 2911664 | OtherRevenues |
| Revenue Not Rptd F990 | 16537902 | RevenueNotRptdF990 |
| Revenue Subtotal | 325457400 | RevenueSubtotal |
| Investment Expenses Not Included | 385536 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 130396880 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 130782416 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 456239816 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 321734592 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 2858478 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2858478 | ExpensesNotRptdF990 |
| Expenses Subtotal | 318876114 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 385536 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 130396880 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 130782416 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 449658530 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Collections of Art | SCHEDULE D, PART III, QUESTIONS 1A AND 4 | PACE UNIVERSITY HAS SEVERAL ART GALLERIES BETWEEN ITS PLEASANTVILLE AND NEW YORK CITY CAMPUSES THAT SERVE THE GENERAL STUDENT POPULATION WITH COURSES AND EXHIBITIONS. DONATED ARTWORK INCLUDES PHOTOGRAPHS, PAINTINGS AND SCULPTURES AND IS DISPLAYED ON VARIOUS INTERIOR AND EXTERIOR CAMPUS LOCATIONS AND IN SPECIAL EXHIBITIONS DESIGNED TO PROVIDE VISUAL LITERACY AS PART OF THE UNIVERSITY LEARNING EXPERIENCE. AS THE VALUE OF SUCH COLLECTIONS IS NOT MATERIAL TO THE UNIVERSITY AS A WHOLE, THE FOOTNOTES TO THE FINANCIAL STATEMENTS DO NOT INCLUDE RELATED TEXT. |
| INTENDED USES OF ENDOWMENT FUNDS | SCHEDULE D, PART V, QUESTION 4 | The University's endowment consists of approximately 390 individual funds established for a variety of purposes, including support of scholarships, academic programs, academic chairs, student activities, research, institutional support and capital projects. Our endowment includes both donor restricted endowment funds and funds designated by the Board of Trustees to function as endowments (quasi endowments). The University's investments are managed to achieve the maximum prudent long term total return. The University's board of trustees has authorized a policy designed to preserve the value of these investments in real terms (after inflation) and provide a predictable flow of funds to support operations. |
| FEDERAL INCOME TAX | SCHEDULE D, PART X, LINE 2 | At June 30, 2013 and 2012, the University had no liabilities recorded for uncertain tax positions. |
| OTHER AMOUNTS INCLUDED IN BOOKS BUT NOT IN RETURN | SCHEDULE D, PART XI, LINE 2D | DESCRIPTION AMOUNT RENT EXPENSE $2,218,757 SPECIAL EVENTS EXPENSE $ 639,721 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $ 53,186 |
| OTHER AMOUNTS INCLUDED IN RETURN BUT NOT IN BOOKS | SCHEDULE D, PART XI, LINE 4B | DESCRIPTION AMOUNT SCHOLARSHIPS $130,396,880 |
| OTHER EXPENSES INCLUDED IN BOOKS BUT NOT IN RETURN | SCHEDULE D, PART XII, LINE 2D | DESCRIPTION AMOUNT RENT EXPENSE $2,218,757 SPECIAL EVENTS EXPENSE $ 639,721 |
| OTHER EXPENSES INCLUDED IN RETURN BUT NOT IN BOOKS | SCHEDULE D, PART XII, LINE 4B | DESCRIPTION AMOUNT SCHOLARSHIPS $130,396,880 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NONDISCRIMINATORY POLICY - STUDENTS' SOLICITATION MATERIALS | SCHEDULE E, PART I, QUESTION 3 | The Enrollment Marketing team and the University's Relations Marketing team know of the requirement and ensure that this language appears in all promotional materials. |
| FINANCIAL AID FROM GOVERNMENTAL AGENCIES | SCHEDULE E, PART I, QUESTION 6A | The University participates in student financial aid programs through the U.S. Department of Education (Pell Grant Program, Perkins Loan Program, Direct Loan Program, Supplemental Education Opportunity Grant Program, Federal Work Study Program, as well as other smaller programs) and U.S. Department of Health and Human Services (Nursing Student Loan Program and Scholarships for Disadvantaged Students). |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (14 entries)
| RegionRegion | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 16 | Program Services | TRAVEL COURSES | 186824 |
| Central America and the Caribbean | 1 | Program Services | TRAVEL COURSES | 2376 |
| East Asia and the Pacific | 2 | Program Services | TRAVEL COURSES | 25963 |
| Europe (Including Iceland and Greenland) | 7 | Program Services | STUDENT RECRUITMENT | 18074 |
| East Asia and the Pacific | 11 | Program Services | STUDENT RECRUITMENT | 12212 |
| South America | 3 | Program Services | STUDENT RECRUITMENT | 1789 |
| Europe (Including Iceland and Greenland) | 10 | Program Services | CONFERENCES,DUES,OTHER | 26111 |
| East Asia and the Pacific | 1 | Program Services | CONFERENCES,DUES,OTHER | 530 |
| Central America and the Caribbean | 1 | Program Services | CONFERENCES,DUES,OTHER | 600 |
| Russia and the Newly Independent States | 1 | Program Services | CONFERENCES,DUES,OTHER | 500 |
| North America | 6 | Program Services | CONFERENCES,DUES,OTHER | 9403 |
| East Asia and the Pacific | 3 | Fundraising | 20459 | |
| Europe (Including Iceland and Greenland) | 1 | Grantmaking | 2500 | |
| Central America and the Caribbean | Investments | 2900000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Employees | 63 | SubtotalNumberOfEmployees |
| Total Number Of Employees | 63 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 3207341 | SubtotalAmountSpent |
| Total Amount Spent | 3207341 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (3 entries)
| Name Of IndividualNameOfIndividual | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|
| TELECOMP TELEFUNDRAISING | Telefundra- ising | false | 288767 | 230077 | 58690 |
| HOSPITALITY RESOURCE GROUP SPECIAL | STRATEGY & EXECUTION | true | 383968 | 81960 | 302008 |
| ROYAL AND COMPANY CONSULTING MARK | STRATEGY & EXECUTION | false | 458866 | 190838 | 268028 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 1131601 | TotalGrossReceipts |
| Total Retained By Contractors | 502875 | TotalRetainedByContractors |
| Total Net To Organization | 628726 | TotalNetToOrganization |
| Licensed States | NY | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | LIM DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 1169486 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 1021406 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 148080 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 0 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 54306 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 131000 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 16180 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 247378 | OtherDirectExpensesEvent1 |
| Name Of Event2 | LUBIN ALUMNI | NameOfEvent2 |
| Gross Receipts Event2 | 106755 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 96230 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 10525 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 0 | CashPrizesEvent2 |
| Non Cash Prizes Event2 | 4479 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 0 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 0 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 0 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 14538 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 5 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 412979 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 294769 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 118210 | GrossRevenueOtherEvents |
| Cash Prizes Other Events | 0 | CashPrizesOtherEvents |
| Non Cash Prizes Other Events | 5257 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 33048 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 89332 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 44203 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 1689220 | GrossReceiptsTotal |
| Charitable Contributions Total | 1412405 | CharitableContributionsTotal |
| Gross Revenue Total Events | 276815 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 9736 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 87354 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 220332 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 16180 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 306119 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 639721 | DirectExpenseSummaryEvents |
| Net Income Summary | -362906 | NetIncomeSummary |
Form990 Schedule G Part IV Form990ScheduleGPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Custody or Control of Contributions | Identifier |
| Return Reference | Schedule G, Part I, Line 2b (iii) | ReturnReference |
| Explanation | Hospitality Resource Group (HRG) receives gifts by mail (checks and credit card authorizations) for Pace University events directly from various donors. HRG overnights them within three business days to the university's gift lockbox for deposit or charge (in the case of credit cards). | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 8512 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 130396880 | AmountOfNonCashAssistance |
| Description Of Non Cash Assistance | Tuition Reduction | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITORING USE OF GRANT FUNDS IN THE US | Identifier |
| Return Reference | SCHEDULE I, PART I, LINE 2 | ReturnReference |
| Explanation | THE UNIVERSITY AWARDS FEDERAL AND STATE FINANCIAL AID FUNDS EACH YEAR BASED UPON A STUDENT'S FINANCIAL NEED. ADDITIONALLY, THE UNIVERSITY PROVIDES INSTITUTIONAL AID VIA UNIVERSITY GRANTS ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEED, AND OTHER STANDARDS. The Office of Financial Aid verifies the academic performance and the income data provided on the Free Application for Federal Student Aid (FAFSA) of each student to determine the amount of aid awarded, as needed. THE UNIVERSITY ALSO OFFERS SCHOLARSHIPS FUNDED THROUGH SPECIAL ENDOWMENTS AND DONATIONS, WHICH ARE AWARDED BASED ON SIMILAR STANDARDS AS WELL AS DONOR'S CRITERIA. THE OFFICES OF FINANCIAL AID AND FINANCE CONTINUOUSLY MONITOR STUDENT ELIGIBILITY FOR THESE AWARDS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (26 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joseph F Ryan | ||||||||||||||
| Trustee, Full Time Faculty | 189900 | 0 | 0 | 0 | 396 | 0 | 41516 | 0 | 14464 | 0 | 246276 | 0 | 0 | 0 |
| Uday Sukhatme SCD | ||||||||||||||
| Provost & EVP Academic Affairs | 227828 | 0 | 0 | 0 | 24448 | 0 | 19688 | 0 | 11549 | 0 | 283513 | 0 | 0 | 0 |
| Stephen Brodsky | ||||||||||||||
| Corp Secretary & Legal Counsel | 203504 | 0 | 0 | 0 | 0 | 0 | 25379 | 0 | 22888 | 0 | 251771 | 0 | 0 | 0 |
| Stephen J Friedman | ||||||||||||||
| President and Trustee | 519846 | 0 | 100000 | 0 | 8599 | 0 | 22500 | 0 | 20708 | 0 | 671653 | 0 | 0 | 0 |
| Robert GM Keating | ||||||||||||||
| VP Strategic Initiatives | 213729 | 0 | 0 | 0 | 4986 | 0 | 19403 | 0 | 4954 | 0 | 243072 | 0 | 0 | 0 |
| William McGrath | ||||||||||||||
| SVP & Chief Admin Officer | 278690 | 0 | 0 | 0 | 1014 | 0 | 22500 | 0 | 6046 | 0 | 308250 | 0 | 0 | 0 |
| Robina C Schepp | ||||||||||||||
| VP Enrollment AND Placement | 234550 | 0 | 0 | 0 | 144 | 0 | 21217 | 0 | 4137 | 0 | 260048 | 0 | 0 | 0 |
| Toby R Winer | ||||||||||||||
| EVP, Chief Financial Officer | 316184 | 0 | 0 | 0 | 834 | 0 | 22500 | 0 | 3633 | 0 | 343151 | 0 | 0 | 0 |
| Harriet R Feldman | ||||||||||||||
| DEAN, HEALTH PROFESSIONS | 322290 | 0 | 0 | 0 | 768 | 0 | 25000 | 0 | 15338 | 0 | 363396 | 0 | 0 | 0 |
| Nira Herrmann | ||||||||||||||
| Dean, Dyson College Arts & Sci | 298800 | 0 | 0 | 0 | 1146 | 0 | 22500 | 0 | 4696 | 0 | 327142 | 0 | 0 | 0 |
| Constance A Knapp | ||||||||||||||
| Interim Dean,Seidenberg School | 191720 | 0 | 0 | 0 | 396 | 0 | 41161 | 0 | 12422 | 0 | 245699 | 0 | 0 | 0 |
| Michelle S Simon | ||||||||||||||
| Dean, School of Law | 384883 | 0 | 0 | 0 | 1014 | 0 | 30000 | 0 | 6839 | 0 | 422736 | 0 | 0 | 0 |
| Michael Szenberg | ||||||||||||||
| Professor, Lubin School | 244829 | 0 | 0 | 0 | 1986 | 0 | 53133 | 0 | 3022 | 0 | 302970 | 0 | 0 | 0 |
| Robert C Almon | ||||||||||||||
| EVP FINANCE & PLANNING, CFO | 210000 | 0 | 0 | 0 | 834 | 0 | 19125 | 0 | 5241 | 0 | 235200 | 0 | 0 | 0 |
| Neal S Braun | ||||||||||||||
| Dean, Lubin School of Business | 326144 | 0 | 0 | 0 | 396 | 0 | 0 | 0 | 32923 | 0 | 359463 | 0 | 0 | 0 |
| Matteo Renna | ||||||||||||||
| ASSOCIATE VP Human Resources | 143795 | 0 | 0 | 0 | 45 | 0 | 10966 | 0 | 29682 | 0 | 184488 | 0 | 0 | 0 |
| Thomas A Hull | ||||||||||||||
| VP INFORMATION TECHNOLOGY, CIO | 228014 | 0 | 0 | 0 | 96 | 0 | 10575 | 0 | 27302 | 0 | 265987 | 0 | 0 | 0 |
| Jennifer Bernstein | ||||||||||||||
| VP Development&Alumni Relation | 197838 | 0 | 0 | 0 | 48 | 0 | 18450 | 0 | 21816 | 0 | 238152 | 0 | 0 | 0 |
| Geraldine Colombraro | ||||||||||||||
| Interim Dean, Health Professio | 170567 | 0 | 0 | 0 | 0 | 0 | 15247 | 0 | 21000 | 0 | 206814 | 0 | 0 | 0 |
| Andrea M Spencer | ||||||||||||||
| Dean, School of Education | 180500 | 0 | 0 | 0 | 1675 | 0 | 16605 | 0 | 14385 | 0 | 213165 | 0 | 0 | 0 |
| Thomas Brady | ||||||||||||||
| Treasurer | 149634 | 0 | 0 | 0 | 810 | 0 | 26379 | 0 | 2190 | 0 | 179013 | 0 | 0 | 0 |
| Amar Gupta | ||||||||||||||
| Dean, Seidenberg School | 129258 | 0 | 0 | 0 | 40000 | 0 | 10500 | 0 | 11121 | 0 | 190879 | 0 | 0 | 0 |
| Samir El-Gazzar | ||||||||||||||
| Professor, Lubin School | 243323 | 0 | 0 | 0 | 14278 | 0 | 54389 | 0 | 8556 | 0 | 320546 | 0 | 0 | 0 |
| Rudolph A Jacob | ||||||||||||||
| Professor, Lubin School | 238586 | 0 | 0 | 0 | 396 | 0 | 47738 | 0 | 12919 | 0 | 299639 | 0 | 0 | 0 |
| Daniel Baugher | ||||||||||||||
| Professor, Lubin School | 229401 | 0 | 0 | 0 | 5273 | 0 | 52715 | 0 | 19477 | 0 | 306866 | 0 | 0 | 0 |
| John Nolon | ||||||||||||||
| Professor, Law School | 295977 | 0 | 0 | 0 | 1236 | 0 | 52117 | 0 | 14097 | 0 | 363427 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Trustees Joseph F. Ryan and Marie J. Toulantis | PART VII AND SCHEDULE J | COMPENSATION TO TRUSTEES JOSEPH F. RYAN AND MARIE J. TOULANTIS IS BASED UPON THEIR RESPECTIVE FACULTY AND STAFF POSITIONS THEY HELD AT PACE UNIVERSITY DURING CALENDAR 2012 AND ARE NOT RELATED TO THEIR ROLE AS TRUSTEES. THE AVERAGE HOURS PER WEEK DISCLOSED IS FOR THEIR ROLE AS TRUSTEES. Ms. TOULANTIS served as Interim Vice President for University Relations from November 14, 2011 to August 3, 2012. |
| ROBERT C. ALMON, FORMER EVP FINANCE AND PLANNING AND CFO | PART VII AND SCHEDULE J | Mr. Almon separated from his position as University's Executive Vice President, Finance and Planning and Chief Financial Officer effective January 23, 2012. Subsequent to that date Mr. Almon served as Senior Advisor to the University's President. Mr. Almon was reappointed Executive Vice President, Finance and Planning and Chief Financial Officer effective September 1, 2013. |
| HOUSING ALLOWANCE, SOCIAL CLUB DUES AND CHAUFFEUR SERVICES | SCHEDULE J, PART I, LINE 1A AND 1B | Short Term housing allowances are occasionally provided per initial hiring agreements and are treated as taxable compensation. Chauffeur services are provided per employment contracts for University business; any personal travel expenses are treated as taxable compensation to the respective officer. Social club dues are paid in accordance with individual employment contracts or business considerations. |
| NON-FIXED PAYMENTS | SCHEDULE J, PART I, LINE 7 | Certain officers earned non-fixed payments either based on successful completion of individual/divisional/university wide strategic and operational goals or based on taking on additional responsibilities or roles. In addition, one officer has been receiving a mileage stipend as part of his employment contract and others were paid for reimbursement of relocation expenses per their hiring agreement. All non-fixed payments paid by Pace in Calendar 2012 have been included in Part VII and Schedule J compensation reporting. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DORMITORY AUTHORITY OF THE STATE OF NY (DASNY) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 146000293 | IssuerEIN |
| CUSIP Number | 649907JB9 | CUSIPNumber |
| Date Issued | 2013-03-07 | DateIssued |
| Issue Price | 104775845 | IssuePrice |
| Description Of Purpose | REPAYMENT SERIES 2005+NEW MONEY | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 104777180 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 1023150 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 23000000 | CapitalExpenditures |
| Other Spent Proceeds | 70752695 | OtherSpentProceeds |
| Amount Unspent | 10001335 | AmountUnspent |
| Year Of Subst Completion | 2001 | YearOfSubstCompletion |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | true | MngmentCntrctBondFinancdPrprty |
| Engage Bond Counsel Contracts | true | EngageBondCounselContracts |
| Any Research Agreements | true | AnyResearchAgreements |
| Engage Bond Counsel Research | true | EngageBondCounselResearch |
| Prcntge Prvt Business Use By Others | 0 | PrcntgePrvtBusinessUseByOthers |
| Bond Iss Meet Prvt Security Pay Test | true | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedProp |
| Remedial Action Taken | false | RemedialActionTaken |
| Non Qualified Bond Remed Procdrs | true | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiled |
| Rebate Not Due Yet | true | RebateNotDueYet |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Written Proc To Monitor Reqs | true | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | true | ProcToUndertkCorrectiveAction |
Form990 Schedule K Part VI Form990ScheduleKPartVI (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| BOND PROCEEDS AND CURRENT VALUES | Schedule K, Part II, LINE 3 | THE AMOUNT IN LINE 3 REPRESENTS THE ORIGINAL ISSUANCE OF $104,775,845 (INCLUDING $95,840,000 OF PRINCIPAL AND $8,935,845 OF PREMIUM) AND ACCUMULATED INVESTMENT EARNINGS ON THE RELATED CONSTRUCTION FUND THROUGH JUNE 30, 2013 OF $1,335. THE OUTSTANDING BONDS BALANCE AT JUNE 30, 2013 AMOUNTED TO $104,673,721, INCLUDING $95,840,000 OF PRINCIPAL AND UNAMORTIZED PREMIUM OF $8,833,721. |
| ISSUANCE COSTS FROM PROCEEDS | SCHEDULE K, PART II, LINE 7 | THE AMOUNT IN LINE 7 REPRESENTS COSTS OF ISSUANCE SUBJECT TO THE TWO PERCENT LIMIT OF CODE SECTION 147(G). |
| MULTIPURPOSE BONDS | SCHEDULE K, PART II, LINE 13 AND PART III | The Series 2013A Bonds were issued as multipurpose bonds in accordance with the provisions of Section 1.148-9(h)(4) of the Treasury Regulations, partly for the purpose of refunding the 2005A Bonds, originally issued prior to the 2003 effective date of Part III (Refunding Portion), as well as for the purpose of providing funding for new capital projects (New Money). Part III is therefore only completed for the New Money. The completion date in Part II, Line 13, and the Yes answer to line 16, refer to the refunding portion. The completion date for the New Money is expected to be 2016. |
| Private Business Use | Schedule K, Part III, Lines 4 and 5 | The percentage of financed property used in a private business use by entities other than a section 501( c)(3) organization or a state or local government and the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by the University, another 501( c)(3) organization or a state or local government, is zero. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| POONAM GUPTAPACE STUDEN ASSISTANCE | |||
| SPOUSE OF KEY EMPLOYEE | 11525 | COMPENSATION, PART TIME STAFF | false |
| MEDHA U SUKHATME ENROLLMENT MGT | |||
| SPOUSE OF KEY EMPLOYEE | 17815 | COMPENSATION, FULL TIME STAFF | false |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 29 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 3 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MEMO ENTRY | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 30 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 620494 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | QUOTED PRICES | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | VARIOUS ITEMS FOR AUCTION AT FUNDRAISING EVENTS | 209 | 25997 | RETAIL VALUE |
| X | COMPUTER HARDWARE | 55 | 12614 | RETAIL VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 2 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990 Review Process | Core Form, Part VI, Section B, Line 11A | The Form 990 is prepared by the University's Controller. It is reviewed by the University's President, Chief Financial Officer and in-house legal counsel. A review is also performed by the University's outside tax advisors. The draft Form 990 is then presented to the Audit Committee of the Board of Trustees for approval, followed by distribution of the final copy of the Form 990 to all members of the Board of Trustees before it is filed. |
| COMPLIANCE WITH CONFLICT OF INTEREST POLICY | CORE FORM, PART VI, SECTION B, LINE 12(C) | Annual officer and key employee disclosure forms are reviewed by the Associate Vice President of Human Resources and University Counsel. Potential officer and key employee conflicts are vetted with supervisors in consultation with the Associate Vice President of Human Resources and University Counsel. Annual trustee disclosure forms are reviewed by University Counsel, who prepares a spreadsheet listing trustee conflicts for the Board's committee on trustees. This list is used as a guide to ensure that conflicted trustees are recused from discussions and votes when appropriate. |
| PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES | CORE FORM, PART VI, SECTION B, LINE 15 | Each year, the Chair of the Board of Trustees asks the Human Resources department of the University to collect comparative presidential compensation data from the College and University Professional Association for Human Resources (CUPA-HR), as well as published 990 data from such sources as the Chronicle of Higher Education, to use in setting the annual compensation of the President of the University for the upcoming year. With respect to other University officers, each year prior comparability data from our peer institutions is collected and summarized for review by the President(9 comparable doctoral class institutions of similar size, scope and organizational complexity, locally and nationally, that are used as comparators for several academic and financial scopes across the university). This data, which is obtained via survey, and, in some years, via outside independent consultant, is used by the President, to propose compensation adjustments to the independent Compensation Committee of the Board of Trustees. The University's President does not take part in Board votes relating to matters involving his compensation, benefits and other terms and conditions of his employment, or participate in or attend Board discussions relating thereto, except he may provide information or respond to questions when requested to do so by the Compensation Committee. The University further has a robust performance evaluation process in place, the results of which are considered during the compensation determination process. The competitive data is also used in determining compensation offers for new hires at the executive level. Once this data is collected and presented for approval by the Compensation Committee and the Board of Trustees, documentation of the decisions and the discussions surrounding those decisions are written by the Special Assistant to the Board of Trustees and filed with the University Archivist, along with the minutes of the meetings for documentation and historical record. |
| FINANCIAL ACCOUNTS IN A FOREIGN COUNTRY | CORE FORM, PART V, LINE 4 | The University's financial holdings in a foreign country were limited to equity interests in commingled investment vehicles. Accordingly, the University was not required to file Form TD F 90-22.1 Report of Foreign Bank and Financial Accounts. |
| AVAILABILITY OF GOVERNING AND OTHER DOCUMENTS TO THE PUBLIC | CORE FORM, PART VI, SECTION C, LINE 19 | The University's financial statements and conflict of interest policy are posted on its website. Form 990 and 990-T are available upon request. The University's governing documents are not available to the public. |
| OTHER PROGRAM SERVICE ACTIVITIES | CORE FORM, PART III, LINE 4D | BELOW IS A DESCRIPTION OF OTHER SIGNIFICANT PROGRAM SERVICE ACTIVITIES: ACADEMIC SUPPORT - TO PROVIDE FACILITIES AND PERSONNEL TO SUPPORT INSTRUCTIONAL STAFF IN THE EDUCATIONAL EFFORT (I.E. LIBRARIES, ACADEMIC COMPUTER CENTERS, AUDIO VISUAL AIDES, ETC). STUDENT SERVICES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS ADMISSIONS, REGISTRATION, COUNSELING, CAREER PLANNING, SOCIAL AND CULTURAL ACTIVITIES. Research - To support activities specifically organized to produce research, whether commissioned by an agency external to the University or separately budgeted by an organizational unit within the University. |
| OTHER CHANGES IN NET ASSETS | PART XI, LINE 9 | DESCRIPTION AMOUNT CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $53,186 |
| CHANGES TO ORGANIZATIONAL DOCUMENTS | CORE FORM, PART VI, SECTION A, LINE 4 | ON JULY 31, 2013 THE UNIVERSITY'S BOARD OF TRUSTEES APPROVED UPDATED BY-LAWS. THE UPDATES WERE MADE TO COMBINE THE CURRENTLY SEPARATE INVESTMENT AND PENSION SPECIAL COMMITTEES INTO ONE INVESTMENT AND PENSION COMMITTEE. WE DO NOT CONSIDER THE NOTED CHANGE TO BE SIGNIFICANT. |
| WHISTLEBLOWER AND DOCUMENT RETENTION AND DESTRUCTION POLICIES | PART VI, SECTION B, LINES 13 AND 14 | The University had written whistleblower and document retention and destruction policies in place during fiscal year 2013 (adopted by the Board of Trustees in its September 13, 2012 meeting). |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| SECOND CENTURY INNOVATIONS AND IDEAS | ||||||||||
| 163 WILLIAM STREET 3RD FLOOR | NEW YORK | NY | 10038 | 571191089 | INCUBATOR | NY | 501(C)(3) | 7 | NA | true |
| PACE ENVIRONMENTAL LITIGATION CLINIC | ||||||||||
| 78 NORTH BROADWAY | WHITE PLAINS | NY | 10603 | 133709483 | EDUCATION | NY | 501(C)(3) | 11(A) | NA | true |
| JOHN JAY LEGAL SERVICES INC | ||||||||||
| 80 NORTH BROADWAY | WHITE PLAINS | NY | 10603 | 133403308 | EDUCATION | NY | 501(C)(3) | 11(A) | NA | true |
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Controlled OrgControlledOrg |
|---|---|---|---|---|
| Charitable Remainder Unitrust (1) | ||||
| Trust Distrib | NY | PACE UNIVERSITY | T | false |
| Unitrust (1) | ||||
| Trust Distrib | NY | PACE UNIVERSITY | T | false |
| Pooled Life Income Fund (1) | ||||
| Trust Distrib | NY | PACE UNIVERSITY | T | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| SECOND CENTURY INNOVATIONS AND IDEAS | |
| SHARE | 0 |
| PACE ENVIRONMENTAL LITIGATION CLINIC | |
| SHARE | 0 |
| JOHN JAY LEGAL SERVICES INC | |
| SHARE | 0 |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Related Tax Exempt Organizations | Identifier |
| Return Reference | SCHEDULE R, PART V | ReturnReference |
| Explanation | The disclosed related entities do not have separate facilities or employees. They operate out of Pace University facilities and managed by Pace University's employees. Second Century Innovations and Ideas Corporation ("SCI2") nurtures young firms and helps them survive and grow during the startup period when they are most vulnerable. SCI2 provides hands-on management assistance, access to financing and orchestrates exposure to critical business or technical support services. A unanimous written consent was signed on May 8, 2012 by all of the Directors and Members of SCI2 adopting a Plan and authorizing the filing of a Certificate of Dissolution in accordance with section 1003 of the New York State Not-for-Profit Corporation Law. Pursuant to sections 404(b)-(u), 1002(c), and 1003(b)(1) of the New York State Not-for-Profit Corporation Law, the New York State Education Department's consent to the filing with the New York State Department of State of the Corporation's certificate of dissolution was obtained on June 6, 2012. SCI2 was dissolved on June 28, 2013. Pace Environmental Litigation Clinic educates law students and provides public interest legal services to not-for-profit organizations regarding environmental issues. John Jay Legal Services, Inc., provides training, supervision for law students engaged in representation of clients pursuant to Student Practice Order issued by Appellate Division, 2d Dept. | Explanation |