THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY (EIN 22-1487354)
Tax period
2011-07-01 to 2012-06-30
Filed
2013-05-13
IRS object ID
201321339349304282
Schema version
2011v1.5
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-05-13T15:50:54-05:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1666 THIRD AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100174057ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN221487354EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1STEVENS INSTITUTE OF TECHNOLOGYBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% RANDY GREENEInCareOfName
Name ControlSTEVNameControl
Phone2012168761Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CASTLE POINT ON HUDSONAddressLine1
CityHOBOKENCity
StateNJState
ZIP Code07030ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameRandly L GreeneName
TitleVP of Finance/TreasurerTitle
Date Signed2013-05-13DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
Phone2125990100Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonNariman FarvardinNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1CASTLE POINT ON HUDSONAddressLine1
CityHOBOKENCity
StateNJState
ZIP Code07030ZIPCode
FieldValueIRS element (for citing)
Gross Receipts300534329GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.STEVENS.EDUWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1870YearFormation
State Legal DomicileNJStateLegalDomicile
Activity Or Mission DescriptionTHE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE EDUCATIONAL SERVICES TO INDIVIDUALS IN PURSUIT OF AN UNDERGRADUATE, MASTERS AND/OR DOCTORATE DEGREE, AND TO conduct research.ActivityOrMissionDescription
Nbr Voting Members Governing Body26NbrVotingMembersGoverningBody
Nbr Independent Voting Members18NbrIndependentVotingMembers
Total Nbr Employees3082TotalNbrEmployees
Total Nbr Volunteers350TotalNbrVolunteers
Total Gross UBI113444TotalGrossUBI
Net Unrelated Business Txbl Income-29288NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year8164727ContributionsGrantsPriorYear
Contributions Grants Current Year11295493ContributionsGrantsCurrentYear
Program Service Revenue Prior Year199260504ProgramServiceRevenuePriorYear
Program Service Revenue CY208906156ProgramServiceRevenueCY
Investment Income Prior Year5749725InvestmentIncomePriorYear
Investment Income Current Year3559052InvestmentIncomeCurrentYear
Other Revenue Prior Year2287401OtherRevenuePriorYear
Other Revenue Current Year2656009OtherRevenueCurrentYear
Total Revenue Prior Year215462357TotalRevenuePriorYear
Total Revenue Current Year226416710TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year40484009GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY42668734GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year101374821SalariesEtcPriorYear
Salaries Etc Current Year105046962SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year2870121TotalFundrsngExpCurrentYear
Other Expense Prior Year71493490OtherExpensePriorYear
Other Expenses Current Year73489721OtherExpensesCurrentYear
Total Expenses Prior Year213352320TotalExpensesPriorYear
Total Expenses Current Year221205417TotalExpensesCurrentYear
Revenues Less Expenses Prior Year2110037RevenuesLessExpensesPriorYear
Revenues Less Expenses CY5211293RevenuesLessExpensesCY
Total Assets BOY308683840TotalAssetsBOY
Total Assets EOY307906023TotalAssetsEOY
Total Liabilities BOY134031821TotalLiabilitiesBOY
Total Liabilities EOY130570130TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY174652019NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY177335893NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionSTEVENS INSTITUTE OF TECHNOLOGY WAS FOUNDED IN 1870. THE INSTITUTE IS A NON-PROFIT RESEARCH UNIVERSITY OFFERING MORE THAN 30 UNDERGRADUATE MAJORS INCLUDING PROGRAMS IN ENGINEERING, THE SCIENCES, COMPUTER SCIENCE, BUSINESS, AND THE HUMANITIES; AND GRADUATE LEVEL COURSES IN A RANGE OF DISCIPLINES LEADING TO THE MASTER'S AND PHD DEGREES. ACADEMIC RESEARCH IS CARRIED OUT AT EVERY LEVEL OF THE INSTITUTE. THE MISSION OF THE INSTITUTE IS ACCOMPLISHED BY THE ACHIEVEMENT OF THE FOLLOWING CORE GOALS: PROVIDING STUDENTS WITH A BROAD-BASED, MULTIDISCIPLINARY LEARNING EXPERIENCE IN THE SCIENCES, ENGINEERING, BUSINESS AND LIBERAL ARTS WHILE STRESSING THE FUNDAMENTAL CONCEPTS, TECHNIQUES AND ATTITUDES THAT UNDERLIE DIFFERENT BRANCHES OF TECHNOLOGY; PROMOTING THE PERSONAL DEVELOPMENT OF THE STUDENT, DEMONSTRATED BY A SENSE OF ETHICAL RESPONSIBILITY, AWARENESS OF THE SOCIETAL IMPACT OF THEIR PROFESSIONS, DEVELOPMENT OF LEADERSHIP AND TEAM SKILLS, AND A LOVE OF LEARNING; CREATING KNOWLEDGE THROUGH WORLDMissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense146824765Expense
Grants42668734Grants
Revenue152321264Revenue
Descriptioneducational instruction: in the academic year 2011-2012, stevens' enrollment was 2,546 undergraduate students and 3,828 graduate students. 472 students graduated with bachelor of engineering, science or arts degrees, and 1,192 students received master's in Engineering, science, business administration or arts, and 47 Ph.D. degrees were also conferred. in addition, stevens collaborated with numerous domestic and international universities and other educational programs to provide courses and training to international students. stevens emphasizes innovation and teaches entrepreneurship throughout its curriculum with the aim of enabling the integration of technological and market knowledge.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense19793814Expense
Grants0Grants
Revenue22227079Revenue
DescriptionSTUDENT LIFE: STEVENS INSTITUTE MAINTAINS A 55 ACRE CAMPUS IN HOBOKEN, NEW JERSEY AND PROVIDES STUDENTS WITH ON CAMPUS AND OFF CAMPUS HOUSING AS WELL AS SEVERAL DINING FACILITIES. CLOSE INTERACTIONS BETWEEN PROFESSORS AND STUDENTS ALLOW FOR GREATER ACADEMIC AND SOCIAL DEVELOPMENT. THERE ARE OVER 120 CLUBS, ORGANIZATIONS AND VARSITY SPORTS THAT OFFER THE STUDENTS AMPLE OPPORTUNITY TO PARTICIPATE, BROADEN AND ENRICH THEIR STUDENT LIFE. THE S.C. WILLIAMS LIBRARY SERVES AS THE INSTITUTE'S INTELLECTUAL, CULTURAL AND SOCIAL CENTER CAPITALIZING ON A RESOURCEFUL STAFF AND NEW TECHNOLOGIES TO FOSTER A STIMULATING ENVIRONMENT FOR TEACHING, LEARNING, AND SCIENTIFIC DISCOVERY.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense27708172Expense
Grants0Grants
Revenue34357813Revenue
DescriptionRESEARCH: THE RESEARCH ENTERPRISE INCLUDES ACADEMIC RESEARCH, NATIONAL RESEARCH CENTERS, AND CROSS-DISCIPLINARY RESEARCH INITIATIVES, WITH affiliated ORGANIZATIONS AND INFRASTRUCTURE. CREATIVE AND ENTREPRENEURIAL RESEARCH IS AN INTEGRAL PART OF THE STEVENS MISSION. THE INSTITUTE HAS BEEN RECOGNIZED BY BOTH THE U.S. DEPARTMENT OF DEFENSE AND THE DEPARTMENT OF HOMELAND SECURITY AS A NATIONAL CENTER OF EXCELLENCE IN THE AREAS OF SYSTEMS ENGINEERING, PORT SECURITY AND INFORMATION ASSURANCE. THE FUNDAMENTAL PRINCIPLES GOVERNING THE RESEARCH ENVIRONMENT ARE INNOVATION, CREATIVITY AND ENTREPRENEURSHIP.Description
FieldValueIRS element (for citing)
Total Program Service Expense194326751TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiestrueLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArttrueCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiestrueReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchooltrueSchool
Foreign OfficetrueForeignOffice
Foreign ActivitiestrueForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualstrueMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondstrueTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationtrueBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshptrueOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntitytrueRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With1096458NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees3082NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncometrueUnrelatedBusinessIncome
Form990-T FiledtrueForm990-TFiled
Foreign Financial AccounttrueForeignFinancialAccount
Name Of Foreign CountryDRNameOfForeignCountry
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
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Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members26NbrVotingGoverningBodyMembers
Number Independent Voting Members18NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
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Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
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Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Own WebsiteXOwnWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonRANDY GREENENamePerson
Telephone Number2012168761TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1ONE CASTLE POINT ON HUDSONAddressLine1
CityHOBOKENCity
StateNJState
ZIP Code07030ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (49 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationOther CompensationOtherCompensationKey EmployeeKeyEmployeeReportable Comp From Related OrgsReportableCompFromRelatedOrgsHighest Compensated EmployeeHighestCompensatedEmployeeFormerFormer
Lawrence T Babbio Jr
Trustee/Chairman1.0XX00
Anthony Barrese
Trustee/Assoc. Dean1.0X17676717027
Stephen T Boswell
trustee/Vice Chairman1.0XX00
Thomas A Corcoran
Trustee/Vice Chairman1.0XX00
Philip P Crowley
Trustee1.0X00
Martin C Fliesler
trustee1.0X00
John Sean J Hanlon IV
Trustee1.0X00
Mark LaRosa
trustee1.0X00
Richard S Magee
trustee1.0X353440
Victoria O'Connor
Trustee1.0X00
Hillary Paul
Trustee1.0X00
Spyros Polemis
trustee1.0X00
Richard R Roscitt
Trustee/Vice Chairman1.0XX00
Virginia P Ruesterholz
Trustee/Vice Chairman1.0XX00
RONALD E SALLUZZO
trustee1.0X00
John A Schepisi
Trustee/Vice Chairman1.0XX00
frank j semcer sr
trustee1.0X00
Steven Shulman
Trustee/Vice Chairman1.0XX00
Richard F Spanier
trustee1.0X00
James M Walsh
trustee1.0X00
Joseph J Garvey
trustee1.0X35000
Larry B Giannechini
trustee (student)1.0X11040
Matthew R Libera
trustee/Faculty1.0X22336927970
Lisa M Mascolo
trustee1.0X00
Sandeep mathrani
trustee1.0X00
Thomas H Scholl
trustee1.0X00
Kendra L Appleheimer
trustee1.0X00
Randy L Greene
VP of Finance/Treasurer60.0X46488228168
Mary Wheeler
Assist VP of Fin/Assist Treas60.0X19332928683
Kathy Schulz
VP/General Counsel/Secretary60.0X29889222525
Diana Colombo
Exec. Assistant/Assistant Sec60.0X8038619869
Nariman Farvardin
President (As of 7/1/2011)60.0X31755622525
Elizabeth Sheldon
Assistant Treasurer beg. oct.60.0X479014050
Gregory Prastacos
Dean60.0X00
George P Korfiatis
Provost/VP60.066963739092X0
Henry P Dobbelaar Jr
Vice President60.026465522506X0
Maureen P Weatherall
Vice President60.043877635558X
Michael S Bruno
Dean60.036857433205X
Lisa Dolling
Dean60.017593914346X
Charles T koeller
Dean60.021159825994X
Dinesh Verma
Dean60.049897534338X
Mark Samolewicz
Vice President60.015467826299X
Malcolm Kahn
Vice President60.024784926719X
Constantin Chassapis
Deputy Dean60.030868136788X
Ralph G Giffin III
Assoc Dean/Assoc Prov60.031124716285X
Souran Manoochehri
Prof/Associate Dean60.029308931238X
Alan F Blumberg
Professor60.026758525574X
Donald M Merino
Professor60.029214615158X
Harold J Raveche 63010
President Former5261380X
FieldValueIRS element (for citing)
Total Reportable Comp From Org6872597TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation553917TotalOtherCompensation
Number Individuals GT100 K227NumberIndividualsGT100K
Formers ListedtrueFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
SODEXo OPERATIONS
PO Box 360170PITTSBURGHPA152516170FOOD SRVC MANAGEMENT8050390
gca service group
po box 643823PITTSBURGHPA15264MAINTENANCE1635509
Hewlett Packard Financial
PO Box 402582ATLANTAGA30384FINANCIAL907562
Donnelly Construction
557 Route 23 SouthWAYNENJ07470construction3565631
The RSmart Group Inc
1375 N Scottsdale RoadSCOTTSDALEAZ85257consulting878633
FieldValueIRS element (for citing)
Number Of Contractors GT100 K84NumberOfContractorsGT100K
Fundraising Events76367FundraisingEvents
All Other Contributions11219126AllOtherContributions
Noncash Contributions538730NoncashContributions
Total Contributions11295493TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION & FEES611600152321264152321264
RESEARCH REVENUES5417003435781334357813
ROOM AND BOARD6117101426458214264582
STUDENT DINING61171079624977962497
FieldValueIRS element (for citing)
Total Program Service Revenue208906156TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1540189TotalRevenueColumn
Unrelated Business Revenue-21812UnrelatedBusinessRevenue
Exclusion$1,562,001ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real356761Real

Less Rental Expenses LessRentalExpenses

FieldValueIRS element (for citing)
Real0Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real356761Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column356761TotalRevenueColumn
Unrelated Business Revenue57915UnrelatedBusinessRevenue
Exclusion$298,846ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities74942543Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities72923680Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities2018863Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column2018863TotalRevenueColumn
Exclusion$2,018,863ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events34872GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events76367CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses35373FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-501TotalRevenueColumn
Exclusion-$501ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Gross Sales Of Inventory1451913GrossSalesOfInventory
Cost Of Goods Sold1158566CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column293347TotalRevenueColumn
Unrelated Business Revenue4006UnrelatedBusinessRevenue
Exclusion$289,341ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeExclusionExclusionAmountUnrelated Business RevenueUnrelatedBusinessRevenue
TECHNICAL LEADERSHIP INSTITUTE611710131722131722
DINING SERVICES722210165343$165,343
ACQUATICS/REC CENTER FEES713940249717$176,38273335

Miscellaneous Revenue MiscellaneousRevenue

FieldValueIRS element (for citing)
Total Revenue Column1459620TotalRevenueColumn
Exclusion$1,459,620ExclusionAmount
FieldValueIRS element (for citing)
Total Other Revenue2006402TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column226416710TotalRevenueColumn
Related Or Exempt Function Income209037878RelatedOrExemptFunctionIncome
Unrelated Business Revenue113444UnrelatedBusinessRevenue
Exclusion$5,969,895ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total42668734Total
Program Services42668734ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total9148877Total
Program Services5546964ProgramServices
Management And General3164597ManagementAndGeneral
Fundraising437316Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total79291688Total
Program Services70728017ProgramServices
Management And General7466725ManagementAndGeneral
Fundraising1096946Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total3274120Total
Program Services2798400ProgramServices
Management And General390045ManagementAndGeneral
Fundraising85675Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total8479039Total
Program Services7247059ProgramServices
Management And General1010106ManagementAndGeneral
Fundraising221874Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total4853238Total
Program Services4148076ProgramServices
Management And General578165ManagementAndGeneral
Fundraising126997Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total732792Total
Program Services313366ProgramServices
Management And General419426ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total683223Total
Management And General683223ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total210500Total
Management And General210500ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total2123585Total
Management And General2123585ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total8436337Total
Program Services4512004ProgramServices
Management And General3810121ManagementAndGeneral
Fundraising114212Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total778911Total
Program Services447157ProgramServices
Management And General331754ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total6727474Total
Program Services5432698ProgramServices
Management And General761221ManagementAndGeneral
Fundraising533555Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total1679555Total
Program Services1404536ProgramServices
Management And General211578ManagementAndGeneral
Fundraising63441Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total9464041Total
Program Services9411455ProgramServices
Management And General45828ManagementAndGeneral
Fundraising6758Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total2465710Total
Program Services2191723ProgramServices
Management And General132556ManagementAndGeneral
Fundraising141431Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total122650Total
Program Services83042ProgramServices
Management And General38208ManagementAndGeneral
Fundraising1400Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total4048587Total
Program Services3898927ProgramServices
Management And General149660ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total8232987Total
Program Services7546832ProgramServices
Management And General686155ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total979127Total
Program Services881214ProgramServices
Management And General97913ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
REPAIRS & MAINTENANCE68754165956833918583
RESEARCH CONTRACTS1602201316022013
EQUIPMENT RENTAL11468429234542147848604
LABORATORY SUPPLIES214878821449473841

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total611183Total
Program Services19300ProgramServices
Management And General559971ManagementAndGeneral
Fundraising31912Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total221205417Total
Program Services194326751ProgramServices
Management And General24008545ManagementAndGeneral
Fundraising2870121Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY43950BOY
EOY54585EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY20248554BOY
EOY17963668EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY4082187BOY
EOY8309162EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY26016278BOY
EOY26324728EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY594081BOY
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY296938BOY
EOY302624EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY876426BOY
EOY1447855EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis240109217LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec112205608LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY130393084BOY
EOY127903609EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY64693344BOY
EOY65806447EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY53279701BOY
EOY52688229EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY8159297BOY
EOY7105116EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY308683840BOY
EOY307906023EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY15063549BOY
EOY13309069EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY7039528BOY
EOY6212618EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY78542758BOY
EOY77988160EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY15033792BOY
EOY12760415EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY18352194BOY
EOY20299868EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY134031821BOY
EOY130570130EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY22562878BOY
EOY22779457EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY44458950BOY
EOY44641385EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY107630191BOY
EOY109915051EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY174652019BOY
EOY177335893EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY308683840BOY
EOY307906023EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses5211293ReconcilationRevenueExpenses
Reconcilation Other Changes-2527419ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbying
Total Direct LobbyingTotalDirectLobbying
Total Lobbying ExpendituresTotalLobbyingExpenditures
Other Exempt Purpose ExpendituresOtherExemptPurposeExpenditures
Total Exempt Purpose ExpendituresTotalExemptPurposeExpenditures
Lobbying NontaxableLobbyingNontaxableAmount
Grassroots NontaxableGrassrootsNontaxableAmount
Tot Lobbying Grassroot Minus Non TxTotLobbyingGrassrootMinusNonTx
Tot Lobby Expend Mns Lobbying NontxTotLobbyExpendMnsLobbyingNontx
VolunteersfalseVolunteers
Paid Staff Or ManagementtruePaidStaffOrManagement
Media AdvertisementsfalseMediaAdvertisements
Mailings MembersfalseMailingsMembers
Publications Or BroadcastfalsePublicationsOrBroadcast
Grants Other OrganizationsfalseGrantsOtherOrganizations
Direct Contact LegislatorstrueDirectContactLegislators
Direct Contact Legislators$210,500DirectContactLegislatorsAmount
Rallies DemonstrationsfalseRalliesDemonstrations
Other ActivitiesfalseOtherActivities
Total Lobbying Expenditures IIB210500TotalLobbyingExpendituresIIB
Not Described In501c3falseNotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

FieldValueIRS element (for citing)
IdentifierSchedule C, Part II-B, Line gIdentifier
ExplanationTHE STEVENS INSTITUTE OF TECHNOLOGY DOES NOT DIRECTLY ENGAGE IN ANY LOBBYING ACTIVITIES; THE INSTITUTE HIRED VARIOUS OUTSIDE CONSULTANTS TO UNDERTAKE LOBBYING ACTIVITIES ON ITS BEHALF.Explanation

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

FieldValueIRS element (for citing)
Assets In Part X316405AssetsInPartX
FieldValueIRS element (for citing)
Held Works Of Art AmtsHeldWorksOfArtAmts
Collect Used For Public ExhibitionXCollectUsedForPublicExhibition
Collect Used For Scholar ResearchXCollectUsedForScholarResearch
Collect Used For PreservationXCollectUsedForPreservation
Solicited Assets For SalefalseSolicitedAssetsForSale
Included On FSfalseIncludedOnFS

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance144100616BeginningOfYearBalance
Contributions2197390Contributions
Investment Earnings Or Losses1391552InvestmentEarningsOrLosses
Grants Or Scholarships6272559GrantsOrScholarships
End Of Year Balance141416999EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance134214252BeginningOfYearBalance
Contributions335365Contributions
Investment Earnings Or Losses14682338InvestmentEarningsOrLosses
Grants Or Scholarships5131339GrantsOrScholarships
End Of Year Balance144100616EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance129122256BeginningOfYearBalance
Contributions742425Contributions
Investment Earnings Or Losses8926018InvestmentEarningsOrLosses
Grants Or Scholarships4576447GrantsOrScholarships
End Of Year Balance134214252EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance155485695BeginningOfYearBalance
Contributions788435Contributions
Investment Earnings Or Losses-24764095InvestmentEarningsOrLosses
Grants Or Scholarships2387779GrantsOrScholarships
End Of Year Balance129122256EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.06000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.94000PermanentEndowmentEOYBalance
Endowments Held By Unrelated OrgstrueEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis1763196OtherCostOrOtherBasis
Book Value1763196BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis209273837OtherCostOrOtherBasis
Depreciation96158664Depreciation
Book Value113115174BookValue
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovements

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis26346553OtherCostOrOtherBasis
Depreciation16046944Depreciation
Book Value10299608BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis2725631OtherCostOrOtherBasis
Book Value2725631BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings127903609TotalOfBookValueLandBuildings
Financial DerivativesFinancialDerivatives
Closely Held Equity InterestsCloselyHeldEquityInterests

Other Securities OtherSecurities (5 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
ALTERNATIVE INVESTMENTS24599528F
TRUSTS HELD BY OTHERS3130891F
SPLIT INTEREST AGREEMENTS3362423F
OTHER243152F
PRIVATE EQUITY21352235F
FieldValueIRS element (for citing)
Total Of Book Value Securities52688229TotalOfBookValueSecurities
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescriptionAmountAmount
ACCRUED POSTRETIREMENT BENEFIT$6,756,337
ANNUITIES PAYABLE$2,040,117
CONDITIONAL ASSET RETIREMENT$6,372,358
REFUNDABLE ADVANCES$5,131,056
FieldValueIRS element (for citing)
Total Of Amounts20299868TotalOfAmounts
Total Revenue226416710TotalRevenue
Total Expenses221205417TotalExpenses
Excess Or Deficit For Year5211293ExcessOrDeficitForYear
Net Unrealized GL On Investments-170176NetUnrealizedGLOnInvestments
Other-$2,357,243OtherAmount
Total Adjustments-2527419TotalAdjustments
Excess Or Deficit Per FS2683874ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt182208878TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments-170176NetUnrealizedGainsInvestments
Revenue Not Rptd F990-170176RevenueNotRptdF990
Revenue Subtotal182379054RevenueSubtotal
Investment Expenses Not Included2123585InvestmentExpensesNotIncluded
Other Revenues Not Included41914071OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt44037656RevenueNotRptdOnFinStmt
Total Revenue Per Form990226416710TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt177167761TotExpensesEtcAuditedFinclStmt
Other Expenses Included754663OtherExpensesIncluded
Expenses Not Rptd F990754663ExpensesNotRptdF990
Expenses Subtotal176413098ExpensesSubtotal
Investment Expenses Not Included22123585InvestmentExpensesNotIncluded2
Other Expenses Not Included42668734OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt44792319ExpensesNotRptdOnFinStmt
Total Expenses Per Form990221205417TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
COLLECTIONS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETSFORM 990, SCHEDULE D, PART IIILINE 4 - Various pieces of art that have been donated are on Public Display for the enrichment and enjoyment of visitors, faculty, staff and students.
ENDOWMENT FUNDSFORM 990, SCHEDULE D, PART VLINE 4 - the Institute's endowment fund is intended to support scholarships for undergraduate and graduate students, and to provide financial assistance for programs and services conducted by the Institute.
INCOME TAXESFORM 990, SCHEDULE D, PART XThe Institute adopted ASC 740-10 as of July 1, 2007. ASC 740-10 clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This section provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The Institute has processes presently in place to ensure the maintenance of its tax-exempt status, to identify and report unrelated income, determine its filing and tax obligations in jurisdictions for which it has nexus, and to review other matters that may be considered tax positions. Management of the Institute believes there are no uncertain tax positions. Therefore, the adoption of ASC 740-10 did not have any impact on the Institute's financial statements.
RECONCILIATION OF CHANGE IN NET ASSETSFORM 990, SCHEDULE D, PART XI, LINE 8Post-retirement benefit changes other than periodic costs $(2,467,455) Change in value of split interest agreements 124,432 Allowance for uncollectible contributions (14,220) ----------- Total $(2,357,243) ===========
OTHER REVENUE INCLUDED ON RETURN BUT NOT ON BOOKSFORM 990, SCHEDULE D, PART XII, LINE 4bSCHOLARSHIPS NET ON Financial statements reclassed to expenses (Part IX, Line 2) $42,668,734 Book store costs of goods sold, net of interdepartment sales, included in expenses on financial statements $(754,663) ----------- Total $41,914,071 ===========
OTHER EXPENSES INCLUDED ON RETURN BUT NOT ON BOOKSFORM 990, SCHEDULE D, PART XIII, LINE 2dBook store costs of goods sold, net of interdepartment sales, included in expenses on financial statements $(754,663) ========= FORM 990, SCHEDULE D, PART XIII, LINE 4b SCHOLARSHIPS NETTED AGAINST REVENUE ON Financial statements reclassed to expenses (Part IX, Line 2) $42,668,734 ===========

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmttrueNondiscriminatoryPolicyStmt
Policy Statement In Brochures EtctruePolicyStatementInBrochuresEtc
Policy Publ Via Broadcast MediatruePolicyPublViaBroadcastMedia
Maint Racial Composition RecordstrueMaintRacialCompositionRecords
Maint Scholarships RecordstrueMaintScholarshipsRecords
Maint Copies Of Brochures EtctrueMaintCopiesOfBrochuresEtc
Maint Copies Of All SolicitationstrueMaintCopiesOfAllSolicitations
Discriminate Race Students RightsfalseDiscriminateRaceStudentsRights
Discriminate Race Admiss PoliciesfalseDiscriminateRaceAdmissPolicies
Discriminate Race Emplmn FacultyfalseDiscriminateRaceEmplmnFaculty
Discriminate Race ScholarshipsfalseDiscriminateRaceScholarships
Discriminate Race Educ PoliciesfalseDiscriminateRaceEducPolicies
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFclts
Discriminate Race Athletic ProgfalseDiscriminateRaceAthleticProg
Discriminate Race Other ActyfalseDiscriminateRaceOtherActy
Government Financial Aid ReceivedtrueGovernmentFinancialAidReceived
Government Financial Aid RevokedfalseGovernmentFinancialAidRevoked
Compliance With Rev Proc7550trueComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifierExplanationExplanation
Part I, Line 3The Stevens Institute of Technology nondiscriminatory policy is distributed annually as well as printed in student materials and on its website.
Part I, Line 6aStevens Institute of Technology receives funding from various governmental sources including, but not limited to, Pell, Academic competitiveness grant, National Smart, Perkins, and FSEOG.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedtrueGrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)

RegionRegionNumber Of OfficesNumberOfOfficesNumber Of EmployeesNumberOfEmployeesType Of Activities ConductedTypeOfActivitiesConductedSpecific Services ProvidedSpecificServicesProvidedTotal ExpendituresTotalExpenditures
Central America and the Caribbean12Program ServicesGRADUATE EDUCATION132149
East Asia and the Pacific00Program ServicesContinuing education323859
South Asia01Program Servicesacademic recruiting10000
Central America and the Caribbean00Investments30743165
FieldValueIRS element (for citing)
Subtotal Number Of Offices1SubtotalNumberOfOffices
Subtotal Number Of Employees3SubtotalNumberOfEmployees
Total Number Of Offices1TotalNumberOfOffices
Total Number Of Employees3TotalNumberOfEmployees
Subtotal Amount Spent31209173SubtotalAmountSpent
Total Amount Spent31209173TotalAmountSpent
Transfer To Foreign CorptrueTransferToForeignCorp
Interest In Foreign TrustfalseInterestInForeignTrust
Own Foreign CorptrueOwnForeignCorp
Passive Foreign Invest CotruePassiveForeignInvestCo
Foreign PartnershiptrueForeignPartnership
Boycott CountriesfalseBoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV

FieldValueIRS element (for citing)
IdentifierForm 990, Schedule F, Part IV, Lines 1, 4 & 5Identifier
ExplanationStevens Institute of Technology invests in domestic and foreign limited partnerships that may own an interest in a foreign corporation, passive foreign investment company, or foreign partnership. Nevertheless, Stevens Institute of Technology's investment in these partnerships may not have reached the thresholds required for filing the Forms 926, 8621 or 8865.Explanation

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1golf outingNameOfEvent1
Gross Receipts Event196604GrossReceiptsEvent1
Charitable Contributions Event168104CharitableContributionsEvent1
Gross Revenue Event128500GrossRevenueEvent1
Rent Facility Costs Event126063RentFacilityCostsEvent1
Other Direct Expenses Event11310OtherDirectExpensesEvent1
Name Of Event2wine tastingNameOfEvent2
Gross Receipts Event214635GrossReceiptsEvent2
Charitable Contributions Event28263CharitableContributionsEvent2
Gross Revenue Event26372GrossRevenueEvent2
Rent Facility Costs Event28000RentFacilityCostsEvent2
Total Number Of Other Events0TotalNumberOfOtherEvents
Gross Receipts Total111239GrossReceiptsTotal
Charitable Contributions Total76367CharitableContributionsTotal
Gross Revenue Total Events34872GrossRevenueTotalEvents
Rent Facility Costs Total Events34063RentFacilityCostsTotalEvents
Other Direct Expenses Total Events1310OtherDirectExpensesTotalEvents
Direct Expense Summary Events35373DirectExpenseSummaryEvents
Net Income Summary-501NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantSCHOLARSHIPS AND GRANTSTypeOfGrant
Number Of Recipients2701NumberOfRecipients
Amount Of Cash Grant42668734AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierGRANTS AND OTHER ASSISTANCE IN THE U.S.Identifier
Return ReferenceFORM 990, SCHEDULE I, PART I, LINE 2ReturnReference
ExplanationScholarships and grants are awarded as financial assistance to students attending the Stevens Institute of Technology. The distribution and application of the financial assistance are based on the specific criteria of each scholarship and grant and are administered consistent with federal, state, and institutional student aid policies. Administration of financial assistance is monitored on an on-going basis through a review of bi-weekly system-generated reports.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelXFirstClassOrCharterTravel
Travel For CompanionsXTravelForCompanions
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Club Dues Or FeesXClubDuesOrFees
Written Policy Re T And E ExpensestrueWrittenPolicyReTAndEExpenses
Substantiation RequiredtrueSubstantiationRequired
Compensation CommitteeXCompensationCommittee
Independent ConsultantXIndependentConsultant
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance PaymenttrueSeverancePayment
Supplemental Nonqual Retire PlantrueSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentstrueAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (21 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgBonus Filing OrgBonusFilingOrgOther Compensation Filing OrgOtherCompensationFilingOrgDeferred Comp Filing OrgDeferredCompFilingOrgNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgTotal Compensation Filing OrgTotalCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Related OrgsBonusRelatedOrgsOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrg
Anthony Barrese
17676700170270193794
Matthew R Libera
223369001323214738251339
Randy L Greene
46488200232754893493050
Mary Wheeler
188329500001752811155222012
Kathy Schulz
29889200196002925321417
Nariman Farvardin
31755600196002925340081
George P Korfiatis
505717150000139202205017042708729000000
Henry P Dobbelaar Jr
26465500225060287161000000
Maureen P Weatherall
3887765000002205013508474334
Michael S Bruno
368574002205011155401779
Lisa Dolling
17593900143460190285
Charles T koeller
21159800214204574237592
Dinesh Verma
498975001960014738533313
Mark Samolewicz
154678001454611753180977
Constantin Chassapis
30518135002205014738345469
Ralph G Giffin III
3112470162850327532
Souran Manoochehri
293089001653814700324327
Alan F Blumberg
26558520000202995275293159
Donald M Merino
29214600151580307304
Harold J Raveche 63010
00526138005261380
Malcolm Kahn
24784900183758344274568

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
COMPENSATION INFORMATIONFORM 990, SCHEDULE J, PART ILINE 1 - The Stevens Institute of Technology guidelines regarding first class/business class travel and spousal travel are included in the Stevens Business and Travel Expense Policy. Campus housing is provided for the University President and is used for program and development purposes. There is one instance in which a club membership is in the name of an individual due to club imposed membership rules. This membership is solely for business purposes, to foster relationships within the New York metropolitan area for the University.
Schedule J, Part I, Line 7incentive compensationthe stevens incentive compensation plan provides a mechanism to reward faculty, administrative leaders, and key staff for extraordinary performance over a period of one academic year. in contrast to merit-based salary increases, annual incentives do not increase base salary. incentive compensation may be awarded upon a finding by management that an employee's work has been extraordinary and has clearly contributed toward the goals and mission of stevens. incentive compensation, even in cases of extra ordinary performance, is not guaranteed, and decisions regarding incentive compensation will be subject to the board of trustees and others' determinations as to the financial results of the university and other factors not specified in this plan. incentive compensation for faculty, staff and administration are recommended by managerial staff, are approved by the president and are within parameters established by the board of trustees. incentive compensation for executive leaders is recommended by the human resources and compensation committee of the board of trustees and approved by the full board of trustees as part of its consideration of this group (and as further described in schedule O). each year, the board of trustees will approve a set of annual incentive performances metrics (performance measures) for the executive leaders and will review with the president the process for determining the metrics for each other group or sub-group of employees. the metrics must be defined by the institutional performance metrics and the institutional core and strategic objectives.
Schedule J, Part IICompensation of Former President:Dr. Ravech served 22 years as Stevens' President, ending on June 30, 2010. All of the elements of his compensation reported in the 2011 IRS Form 990 relate to long-standing contractual obligations. His calendar year 2011 contracted compensation consisted of: severance, consulting payments and other contractual benefits. As part of the retirement arrangements, Dr. Ravech repaid the university on 10/31/2011 in full for all outstanding loans previously made to him. The compensation amounts for Dr. Raveche reported on 2011 IRS Form 990 consist of the following: 320,000 CONTRACTUAL SEVERANCE 197,697 CONSULTING PAYMENTS 8,441 OTHER MISCELLANEOUS PAYMENTS ----------- $526,138 TOTAL COMPENSATION AS REPORTED ON 2011 FORM 990 ===========

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)

Issuer EINIssuerEINCUSIP NumberCUSIPNumberDate IssuedDateIssuedIssue PriceIssuePriceDescription Of PurposeDescriptionOfPurposeDefeasedDefeasedOn Behalf Of IssuerOnBehalfOfIssuerPool FinancingPoolFinancing
NJ EDU FAC AUTH STEVENS ISSUE 2007
221829511646065lp52007-08-0271633268REFUNDING OF PRIOR ISSUESfalsefalsefalse
NJ EDU FAC AUTH CAPITAL IMP 2005 A
22182951160605LWWX2005-08-10792706REFUNDING OF PRIOR ISSUESfalsefalsefalse
NJ EDU FAC AUTH CAPITAL IMP 2006 a
22182951164605LZ432006-10-26133640REFUNDING OF PRIOR ISSUESfalsefalsefalse
NJ EDU FAC AUTH DORM SAFETY 2003 A
22182951164605NBU72004-01-15244207FINANCE DORM SAFETY IMPROVEMENTfalsefalsefalse

Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)

Amount RetiredAmountRetiredAmount Bond DefeasedAmountBondDefeasedTotal ProceedsTotalProceedsAmount In Reserve FundAmountInReserveFundCapitalized InterestCapitalizedInterestRefunding EscrowRefundingEscrowIssuance Costs From ProceedsIssuanceCostsFromProceedsCredit EnhancementCreditEnhancementWorking Capital ExpendituresWorkingCapitalExpendituresCapital ExpendituresCapitalExpendituresOther Spent ProceedsOtherSpentProceedsAmount UnspentAmountUnspentYear Of Subst CompletionYearOfSubstCompletionCurrent RefundingCurrentRefundingAdvance RefundingAdvanceRefundingFinal Allocation MadeFinalAllocationMadeAdequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
008572535657827580665171191535969000002009falsetruetruetrue
000000000000falsefalsetruetrue
000000000000falsefalsetruetrue
13850000000000000falsefalsetruetrue

Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)

Owning Bond Financed PropertyOwningBondFinancedPropertyAny Lease ArrangementsAnyLeaseArrangementsMngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprtyAny Research AgreementsAnyResearchAgreementsPrcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthersPercentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBITotal Private Business UseTotalPrivateBusinessUsePost Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
falsefalsefalsefalse0.000000.000000.00000true
falsefalsefalsefalse0true
falsefalsefalsefalse0true
falsefalsefalsefalse0true

Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)

Form8038 T FiledForm8038TFiledVariable Rate IssueVariableRateIssueHedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecdsGross Proceeds Invested In GICGrossProceedsInvestedInGICBusiness Name Line1NameOfGICProvider/BusinessNameLine1Gross Proceeds InvestedGrossProceedsInvestedException To RebateExceptionToRebate
0
falsefalsefalsefalse0falsefalse
0
falsefalsefalsefalse0falsefalse
0
falsefalsefalsefalse0falsefalse
0
falsefalsefalsefalse0falsefalse

Schedule L IRS990ScheduleL

FieldValueIRS element (for citing)
Total Balance Due0TotalBalanceDue

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationshipAmount Of TransactionAmountOfTransactionDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
Lawrence T Babbio Jr
Chairman of the Board1607954See Schedule L, Part Vfalse
Virginia P Ruesterholz
V. Chairman of the board451431See Schedule L, Part Vfalse
Ronald E Salluzzo
Board Trustee223828See Schedule L, Part Vfalse

Form990 Schedule L Part V Form990ScheduleLPartV

FieldValueIRS element (for citing)
IdentifierSchedule L, Part IVIdentifier
Return ReferenceLines 1, 2, and 3ReturnReference
ExplanationChairman of the Board, Lawrence Babbio, also sits on the Board of Directors of Hewlett-Packard Company. The Institute conducts business with Hewlett Packard Company and with Hewlett Packard Financial Services (total fees of $1,607,954). Board of Trustees Member, Virginia Ruesterholz, is the President of Verizon Services Operation. The Institute conducts business with Verizon Wireless, Verizon Select Services, and various other Verizon companies (total fees of $451,431). Board of Trustees member, Ronald E. Salluzzo, is a partner at Attain, LLC. The University conducts business with attainn, llc (total fees of $223,828).Explanation

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArt
Art Historical TreasuresArtHistoricalTreasures
Art Fractional InterestArtFractionalInterest
Books And PublicationsBooksAndPublications
Clothing And Household GoodsClothingAndHouseholdGoods
Cars And Other VehiclesCarsAndOtherVehicles
Boats And PlanesBoatsAndPlanes
Intellectual PropertyIntellectualProperty

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions28NumberOfContributions
Noncash Contribs Rptd F990390661NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStock
Securities Prtnrshp Trust IntrstsSecuritiesPrtnrshpTrustIntrsts
Securities MiscellaneousSecuritiesMiscellaneous
Qualified Contrib Hist StructQualifiedContribHistStruct
Qualified Contrib OtherQualifiedContribOther
Real Estate ResidentialRealEstateResidential
Real Estate CommercialRealEstateCommercial
Real Estate OtherRealEstateOther
CollectiblesCollectibles
Food InventoryFoodInventory
Drugs And Medical SuppliesDrugsAndMedicalSupplies
TaxidermyTaxidermy
Historical ArtifactsHistoricalArtifacts
Scientific SpecimensScientificSpecimens
Archaeological ArtifactsArchaeologicalArtifacts

Other Non Cash Contributions Table OtherNonCashContributionsTable

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
DescriptionMISC. EQUIPMENTDescription
Number Of Contributions20NumberOfContributions
Noncash Contribs Rptd F990148069NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftstrueReviewProcessUnusualNCGifts
Third Parties UsedtrueThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

FieldValueIRS element (for citing)
IdentifierNONCASH CONTRIBUTIONSIdentifier
Return ReferenceFORM 990, SCHEDULE M, PART IReturnReference
ExplanationLine 9 - To the extent that the Institute receives contributions of securities, the Institute's investment brokerage bank is tasked with selling those securities. Line 32 - the Institute uses various galleries to facilitate the sale of art. No art was sold in Fiscal Year 2012.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, LINE 11Bthis form 990 was prepared by members of the finance and legal offices of the institution together with its outside tax and accounting firm specializing in higher education. the form 990 was then presented to the audit committee of the board of trustees for review and approval. following this process and any modifications recommended by the audit committee, the form 990 was presented to a meeting of the full board of trustees of the institution and approved in accordance with the by-laws of the institution and approved in accordance with the By-Laws of the institution.
Form 990, Part VI, Line 12Cthe institution's conflict of interest policy requires ongoing compliance and self-reporting of conflicts. it also provides for completion of an annual questionnaire by all trustees, officers and faculty, which questionnaire is reviewed by the office of compliance and internal audit and the general counsel and reported to the audit committee of the board and to the board of trustees. information disclosed in the questionnaires which indicates the possible presence of a conflict is investigated, discussed with relevant personnel and, if necessary, the conflict is eliminated or managed pursuant to a conflict management plan or device supervised by the chair of the board of trustees or the chair of the audit committee, with advice from the office of audit, risk and compliance and the general counsel. in addition, conflicts are identified by the officers of the institution and staff at other levels of the institution as they arise from time to time and are referred to office of audit, risk and compliance and the general counsel for further analysis and resolution. certain conflicts relating solely to research activities may be managed by the director of the office sponsored programs, with advice from the office of audit, risk and compliance and the general counsel.
Form 990, Part VI, Line 15Bthe total compensation of the persons occupying the following positions and any recommended adjustments were reviewed by the human resources and compensation committee of the board of trustees, in the fall of 2011, based on recommendations from the president (except with respect to the president himself), together with comparative data from peer institutions collected and analyzed by an independent compensation consultant to the institution, and then proposed by such committee to the full board of trustees for approval: president provost and university vice president (interim president) deans vice president for facilities and community affairs chief administrative officer chief financial officer and treasurer vice president for development vice president for enterprise development vice president for the research enterprise vice president, gerenal counsel and secretary vice president for human resources assistant secretary grants and contracts specialist (related) associate provost for graduate enterprise and professor deputy dean and department director (engineering) faculty trustee, associate dean and chief of staff (systems) the secretary of the board of trustees took contemporaneous minutes of the meetings at which these decisions were made by the human resources and compensation committee and the board of trustees.
Form 990, Part VI, Line 19The Governing documents of the institution together with charters for committees of the board of trustees, the conflict of interest policy and the financial statements of the institution are all made available on the institutions website (www.stevens.edu). in addition, a variety of other documents and materials regarding the institution and its operations, as well as the other policies of the institution, are available on the website.
Form 990, Part XI, Line 5Net unrealized gains (losses) on investments $(170,176) Post-retirement benefit changes other than periodic costs (2,467,455) Change in value of split interest agreements 124,432 Allowance for uncollectible contributions (14,220) ----------- Total $(2,527,419) ===========Other changes in net assets or fund balances
Schedule K, Part I1. Bond Issue A - Column (F): This issue advance refunded all of the outstanding principal amount of the revenue bonds, Stevens Institute of Technology issue, 2004 Series B issued on July 1, 2004 by the New Jersey Educational Facilities Authority ("NJEFA"), all of the revenue bonds, 2002 Series C issued by NJEFA on December 1, 2002 and a portion of the revenue bonds, Stevens Institute of Technology issue, 1998 Series I issued by NJEFA on August 25, 1998. The refunded bonds financed capital improvements for the Institute. 2. Bond Issue B - Columns (E) and (F): These bonds were issued in the par amount of $15,077,352 to refund a portion of the NJEFA Capital Improvement Fund (CIF) Issues, Series 2000 A, Series 2000 B and Series 2002 A. CIF Bonds were issued pursuant to a legislative program to finance capital improvements for New Jersey colleges and universities. Eleven colleges received grants from the 2000 A, 2000 B, and 2002 A bonds. Stevens received grants only from the 2000 A and 2000 B bonds. The refunded bonds and the series 2005 A refunding bonds (bond issue B) are repayable in part by state appropriations. The issue price shown on Schedule K for the Series 2005 A Bonds is the approximate amount of the issue price allocable to the Institute. 3. Bond Issue C - Columns (E) and (F): These bonds were issued in the par amount of $155,460,000 to refund a portion of NJEFA's capital improvement fund issues, Series 2000 A, Series 2000 B, Series 2002 A, and Series 2004 A. The 2000 A, 2000 B, 2002 A, and 2004 A bonds were issued on July 1, 2000, December 30, 2000, November 21, 2002 and March 14, 2004 respectively. At least eleven colleges received grants from these bonds. Stevens received grants only from 2000 A and 2000 B. The refunded bonds and the series 2006 A refunding bonds (Bond Issue C) are repayable in part by state appropriations. The issue price shown on the Schedule K for the refunding 2006 A Bonds is the approximate amount of the issue price allocable to the Institute. 4. Bond Issue D - Columns (E) and (F): These bonds were issued pursuant to a legislatively created state-backed program to finance safety improvements for dormitory facilities. The bonds are repayable in part by state appropriations. Proceeds of Bond Issue D were issued as a single issue of $5,440,000 which was lent in varying amounts to 12 of the private colleges located in New Jersey. The Institute received a loan of $243,500. The issue price shown on Schedule K is the approximate amount of the $5,523,846.05 issue price for the entire bond issue which is allocable to the loan made to the Institute.Supplemental Information
Schedule K, Part II1. Bond Issue A - As described above, these bonds advance refunded three prior issues. The $85,725,356.30 shown on Line 1 is the total of the par amount, the original issue discount, the amount held in escrow funds for the refunded bonds applied to the refunding and gross earnings of $8,747,827.89 on all funds as reported in the interim rebate report for these bonds as of June 30, 2011 (the "rebate report"). The $5,782,757.88 is the amount reported as the balance remaining in the debt reserve fund in the rebate report. The original deposit was $5,772,781.26. The $66,517,119.10 in Line 3 is the total balance remaining in the escrow funds for the refunded bonds reported in the rebate report. The issuance costs in Line 5 includes underwriters' discount. 2. Bond Issues B, C, & D - As described in the supplemental information to Part I, these three bond issues were issued by the New Jersey Educational Facilities Authority under state legislative programs intended to provide financial assistance to a large number of colleges and universities in New Jersey. Stevens Institute received grants under these programs but was only 1 of 11 or 12 institutions that received money from each issue. Each of these issues were sold on the credit of the State of New Jersey which pays debt service from state appropriations. The Institute is reporting the amounts it received but does not have the complete information that the Authority, as issuer, has.Supplemental Information

Schedule R IRS990ScheduleR

Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivityPrimaryActivityLegal Domicile StateLegalDomicileStateBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Type Of EntityTypeOfEntityShare Of Total IncomeShareOfTotalIncomeShare Of EOY AssetsShareOfEOYAssetsPercentage OwnershipPercentageOwnership
RAVENSWOOD CORPORATION
ONE CASTLE POINT ON HUDSONHOBOKENNJ07030221854071real estateNJstevens instC CORP35676119339081.00000
CASTLE POINT HOLDINGS INC
ONE CASTLE POINT ON HUDSONHOBOKENNJ07030204264786tech transferNJstevens instC CORP5983411.00000
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgtrueLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgtrueLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgstruePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolvedMethod Of Amt DeterminationMethodOfAmtDetermination
RAVENSWOOD CORPORATION
e, k86899FMV
CASTLE POINT HOLDINGS inc
d, k44562FMV

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