2013-04-09T15:01:40-07:00 2012-05-31 KPMG LLP 300 North Greene St Suite 400 Greensboro NC 27401 990 2011-06-01 111630830 St Johns University STJO 7189906084 8000 Utopia Parkway Jamaica NY 114390001 Martha K Hirst 7189903250 2013-04-09 1 Laura A Collins P00008888 3362753394 2013-04-09 2011 2016-02-25 16:41:14Z Martha K Hirst EVP COO Treasurer 8000 Utopia Parkway Jamaica NY 114390001 654253295 0 X www.stjohns.edu X 1870 NY St. John's University is a Catholic, Vincentian, and metropolitan institution of higher education that strives to provide excellent education for all people; especially those lacking economic and social advantages. The Vincentian tradition at St. John's University is the foundation and the source of the core values its members strive to embody: truth, love, respect, opportunity, excellence and service. 29 29 7059 713 389385 72416 30292625 31376931 591338264 611816371 12843123 9328537 0 0 634474012 652521839 183377730 185243754 0 0 248869683 261864093 60000 65000 10456426 165335039 174415882 597642452 621588729 36831560 30933110 1059805910 1062394446 630045782 629780064 429760128 432614382 St. John's University is a Catholic, Vincentian, and metropolitan institution of higher education that strives to provide excellent education for all people; especially those lacking economic and social advantages. The Vincentian tradition at St. John's University is the foundation and the source of the core values its members strive to embody: truth, love, respect, opportunity, excellence and service. 0 0 338548367 185243754 535506633 Higher Education: (Instruction) - St. Johns University is a Catholic Vincentian Metropolitan non-profit institution of higher learning. Approximately 15,766 undergraduate and 5,301 graduate students are currently enrolled in courses. (21,067 Students) 58006619 0 0 Higher Education: (Academic Support) - St. Johns University is a Catholic Vincentian Metropolitan non-profit institution of higher learning. Approximately 15,766 undergraduate and 5,301 graduate students are currently enrolled in courses. (21,067 Students) 26552105 0 0 Higher Education: (Institutional) - St. Johns University is a Catholic Vincentian Metropolitan non-profit institution of higher learning. Approximately 15,766 undergraduate and 5,301 graduate students are currently enrolled in courses. (21,067 Students) 148314319 0 76309738 Higher Education: (Other Program Services) - St. Johns University is a Catholic Vincentian Metropolitan non-profit institution of higher learning. Approximately 15,766 undergraduate and 5,301 graduate students are currently enrolled in courses. (21,067 Students) 148314319 0 76309738 571421410 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 1 1 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 853 0 1 7059 1 1 1 1 CJ FR IT SP 0 0 0 1 1 0 0 0 0 X 29 29 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Martha K Hirst 7189903250 8000 Utopia Parkway Jamaica NY 11439 X Rev Elmer Bauer III CM 1 X 0 0 0 Very Rev Michael J Carroll CM 1 X 0 0 0 Patricia A Castel Esq 1 X 0 0 0 Mr William Collins 1 X 0 0 0 Rev Gregory P Cozzubbo CM 1 X 0 0 0 Mr Peter P D'Angelo 1 X 0 0 0 Mr Paul J Evanson 1 X 0 0 0 Dr Margaret M Fitzpatrick SC 1 X 0 0 0 Rev Msgr Otto Garcia 1 X 0 0 0 Rev John W Gouldrick CM 1 X 0 0 0 Ms Suzanne M Halpin 1 X 0 0 0 Mr William Janetschek 1 X 0 0 0 Hon Theodore T Jones 1 X 0 0 0 Sr Carol Keehan DC 1 X 0 0 0 Rev Gerard H Luttenberger CM 1 X 0 0 0 Teresa Mason Esq 1 X 0 0 0 Mr Joseph M Mattone Sr Esq 1 X 0 0 0 Mr Thomas E McInerney 1 X 0 0 0 Arthur J Mirante II Esq 1 X 0 0 0 Most Rev David M O'Connell CM 1 X 0 0 0 Mr Joseph C O'Connor 1 X 0 0 0 Rev Hugh O'Donnell CM 1 X 0 0 0 Mr Lewis Rice Jr 1 X 0 0 0 Ms Linda S Sanford 1 X 0 0 0 Mr Joseph H Schwartz 1 X 0 0 0 Mr Brian T Shea 1 X 0 0 0 Ms Patricia C Skarulis 1 X 0 0 0 Mrs Mary P Tobin 1 X 0 0 0 Rev Donald J Harrington CM 40 X X 0 0 0 Martha K Hirst 40 X 343400 0 410 Sister Julia Upton RSM 40 X 0 0 0 Dr Dorothy Habben 40 X 198476 0 29266 Jacqueline A Travisano 40 X 196784 0 30990 Joseph Oliva Esq 40 X 328160 0 50407 Robert Wile 40 X 433004 0 51273 Steve Lavin 40 X 1983218 0 44089 Michael Simons 40 X 373538 0 55816 Andrew Simons 40 X 340320 0 17662 Brij Anand 40 X 315258 0 43249 Dr James P Pellow 40 X 834274 0 48224 5346432 0 371386 535 1 1 0 Total Maintenance Solution LLC 184 Ardmore Ave Staten Island NY 10314 Maintenance Contractor 14503855 Chartwells 91337 Collections Drive Chicago IL 606931337 Food Service 12373282 Constructomics LLC 45 West 21st Street New York NY 10010 Building Construction 5331141 Royall and Company 1920 Parham Road Richmond VA 23228 Recruitment Services 1618105 Windsor Construction Enterprises Inc 5 Lyons Mall Suite 317 Basking Ridge NJ 07920 Construction 1292332 74 0 0 4463989 0 13820316 13092626 314026 31376931 Tuition and Fees 900099 535506633 535506633 0 0 Auxiliary Enterprises 900099 66188809 65831218 357591 0 Other Revenue 900099 10120929 10120929 0 0 0 0 0 0 611816371 5078660 0 31794 5046866 -48523 0 0 -48523 0 0 0 0 0 0 4298400 0 0 0 4298400 0 4298400 0 0 4298400 1731456 4463989 1731456 0 0 0 0 652521839 611458780 389385 9296743 0 0 179808708 179808708 5435046 5435046 0 0 1093051 396900 598704 97447 0 0 0 0 191542869 172863145 14253195 4426529 12950933 11575503 1030754 344676 43744699 38584443 4102450 1057806 12532541 10834863 1338346 359332 0 0 0 0 1949246 735661 1043708 169877 314867 114332 172464 28071 0 0 0 0 65000 65000 954869 351920 522731 80218 0 0 0 0 2967515 1912710 608384 446421 13424431 9954583 2940995 528853 2397314 1271602 968046 157666 0 0 0 0 21413499 20952314 345889 115296 7568216 7110158 335815 122243 0 0 0 0 278421 247865 26279 4277 15581765 13313684 1950596 317485 0 0 0 0 31278190 29013365 1947796 317029 2403568 872765 1316522 214281 Repairs and Maintenance 20786910 19985784 601050 200076 Meal Plan/Food Services cost 10201050 10189500 9933 1617 Library periodicals/books/online resources 4774471 4773976 426 69 Professional Services 4625162 3498051 800066 327045 33496388 27624532 4796744 1075112 621588729 571421410 39710893 10456426 22947126 11542295 2970678 2788016 22129738 19822039 19926494 19514114 1250000 1250000 0 0 0 0 0 0 10500398 10428029 901286349 281485576 621493438 619800773 171864413 197178453 157968350 152975675 28755275 27095052 0 0 0 0 1059805910 1062394446 81331991 77096291 0 0 11429266 11986519 518789303 516412714 0 0 0 0 18495222 24284540 630045782 629780064 X 311220699 316601951 40273769 34110830 78265660 81901601 429760128 432614382 1059805910 1062394446 X 30933110 -28078856 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 27 0 0 1 29755 0 1 7109 36891 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 The St. John's University's Office of Government Relations and the President are the primary liaisons to State and Federal government through their regular communication regarding the University's mission, goals and programs. The Office of Government Relations also apprises St. John's University's officials about pertinent government activities to ensure the University is sufficiently informed. The primary focus of the University's effort is directed toward helping government representatives learn more about St. John's University. The University's participation in the legislative process is primarily through its memberships in the Commission on Independent Colleges and Universities (CICU) and the National Association of Independent Colleges and Universities (NAICU). St. John's University does not have any other lobbying activities other than those listed on lines 1d, 1g, and 1i. 313565230 44420677 -12411671 3107334 13523303 1028337 327915262 262195043 15767298 50889625 2643964 11675632 967140 313565230 233804007 9354993 33478209 2291744 11139766 1010656 262195043 329202441 12215135 -93185684 1235742 12275939 916204 233804007 0.71 0.245 0.045 1 0 0 43346732 43346732 0 518283617 134100170 384183447 0 9260798 1705340 7555458 0 65196656 30626038 34570618 0 265198546 115054028 150144518 619800773 0 0 Alternative investments 104289652 F International investments 41407572 F Other investments 5628465 F Fixed income investments 1649986 F 152975675 Student Loans Receivable 27095052 F 27095052 0 Present value of annuities payable 3557593 Interest rate swap liability 6611978 Refundable US government advances 14114969 24284540 652521839 621588729 30933110 -28078856 0 0 0 0 -28078856 2854254 625219570 -28078856 0 0 1731456 -26347400 651566970 954869 0 954869 652521839 622365316 0 0 0 1731456 1731456 620633860 954869 0 954869 621588729 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The University's endowment funds are invested for the long-term to generate investment income which is used to support operations, scholarships, professorships, chairs and other initiatives of the University related to its educational mission. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The University recognizes the effects of income tax positions only if those positions are more likely than not of being sustained. No provision for income taxes has been made as the University has not recognized any net taxable unrelated business income. The University evaluates, on an annual basis, the effects of any uncertain tax positions on its consolidated financial statements. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Gross revenue related to fundraising activities SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Expenses related to fundraising events 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 Consistent with the University's mission as a Catholic, Vincentian, and metropolitan institution of higher education, the University abides by all applicable federal, state, and local laws which prohibit discrimination on the basis of race, religion, color, national or ethnic origin, age, sex (including sexual harassment), sexual orientation, marital status, citizenship status, disability, genetic predisposition or carrier status or status in the uniformed services of the United States in admitting students to its programs or in administering its educational policies, admissions policies, scholarships and loan programs, athletics and other institutionally administered programs or activities generally made available to students at the University. In accordance with these laws, the University also prohibits retaliation against anyone who has complained about discrimination or otherwise exercised rights guaranteed under these laws. SchE_P01_S00_L06 Schedule E, Part I, Line 6 St. John's University consistently strives to place an outstanding higher education within the financial reach of all qualified applicants. The University awards millions of dollars in federal and state financial aid funds each year based upon a student's financial need. Additionally, the University provides financial aid funding via University grants-in-aid, scholarships and tuition remission. Grants-in-aid are awarded on the basis of demonstrated financial need assessed by the use of a standard financial aid application, currently the Free Application for Federal Student Aid (FAFSA), which analyzes the family income data provided on the FAFSA through the federally mandated Federal Methodology. 1 Europe (including Iceland and Greenland) 3 74 Program Services Instruction 6660640 South America 0 3 Program Services Instruction 73149 Middle East and North Africa 0 1 Program Services Instruction 21190 Central America and the Caribbean 0 2 Program Services Instruction 14067 Central America and the Caribbean Investments 69504129 3 80 76273175 Scholarship - Institutional Aid Central America and the Caribbean 17 0 33821 Scholarship - Institutional Aid East Asia and the Pacific 3 0 34064 Scholarship - Institutional Aid Europe (including Iceland and Greenland) 496 0 5150809 Scholarship - Institutional Aid South America 11 0 39563 Scholarship - Federal Aid Europe (including Iceland and Greenland) 64 0 86400 Scholarship - Endowment/Restricted Aid Middle East and North Africa 1 0 750 Scholarship - Endowment/Restricted Aid Europe (including Iceland and Greenland) 56 0 89640 1 0 1 1 1 0 SchF_P01_S00_L02 Schedule F, Part I, Line 2 The procedures for monitoring the use of grant funds outside the United States are consistent with the monitoring performed in the United States. See Schedule I Part IV for further detail. X X X X X X X 1 Lorelei Enterprises and Events Inc 355 Lexington Avenue Suite 1001 New York NY 10017 Event Planning & Solicitation of the ILOTY Dinner 1 2464925 65000 2399925 2464925 65000 2399925 AL CA DE GA HI KS ND NJ NM NY PA President's Dinner 2653953 2162710 491243 0 4393 0 412393 37385 37072 Insurance Leader 2464925 1694003 770922 0 655 8500 515694 1700 244372 13 1076567 607276 469291 5700 19770 29309 195581 149924 69008 6195445 4463989 1731456 5700 24818 37809 1123668 189009 350452 1731456 0 SchG_P01_S00_L02a Schedule G, Part I, Line 2a The University contracted with Lorelei Enterprises and Events, Inc. for $65,000 of fundraising fees related to the annual Insurance Leader of the Year Dinner. Additional expenses incurred by Lorelei were reimbursed by the University, in the amount of $6,161. 1 Scholarships - Institutional Aid 17913 0 171038873 Scholarships - Federal Grant 1149 0 4270461 Scholarships - Endowment/Restricted Aid 911 0 4499375 SchI_P01_S00_L02 Schedule I, Part I, Line 2 St. John's University consistently strives to place an outstanding higher education within the financial reach of all qualified applicants. The University awards millions of dollars in federal and state financial aid funds each year based upon a student's financial need. Additionally, the University provides financial aid funding via University grants-in-aid, scholarships and tuition remission. Grants-in-aid are awarded on the basis of demonstrated financial need assessed by the use of a standard financial aid application, currently the Free Application for Federal Student Aid (FAFSA), which analyzes the family income data provided on the FAFSA through the federally mandated Federal Methodology. All need-based financial aid must be awarded according to a student's calculated financial need. Scholarship awards are primarily provided on scholastic achievement. University scholarships are highly competitive and available to students through a combination of academic achievement and personal commitment, display of values, compassion and pursuit of excellence which embody the spirit and mission of the University. The University has many scholarships funded through special endowments and donations. In most instances, academic merit and financial need are considered along with the particular requirements of the scholarship selection process. Grants-in-aid are awarded to needy students and students who have special abilities or make significant contributions to the University. Additionally, various associations, corporations, foundations and unions provide scholarships for recipients whom they select. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Martha K Hirst 340750 0 0 0 2650 0 0 0 410 0 343810 0 0 0 Dr Dorothy Habben 196236 0 0 0 2240 0 19700 0 9566 0 227742 0 0 0 Jacqueline A Travisano 181664 0 15000 0 120 0 19719 0 11271 0 227774 0 0 0 Joseph Oliva Esq 327980 0 0 0 180 0 32375 0 18032 0 378567 0 0 0 Robert Wile 368980 0 0 0 64024 0 33200 0 18073 0 484277 0 0 0 Steve Lavin 391565 0 150000 0 1441653 0 30303 0 13786 0 2027307 0 0 0 Michael Simons 323268 0 0 0 50270 0 32250 0 23566 0 429354 0 0 0 Andrew Simons 249362 0 20000 0 70958 0 200 0 17462 0 357982 0 0 0 Brij Anand 287972 0 25000 0 2286 0 25250 0 17999 0 358507 0 0 0 Dr James P Pellow 197048 0 0 0 637226 0 36273 0 11951 0 882498 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a First class travel for certain listed persons was used in accordance with University travel policies for business purposes only and is a non-taxable benefit of the listed persons. Dr. James P. Pellow and Robert Wile - social club dues are taxable benefits. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Dr. James P. Pellow received payment from a supplemental nonqualified retirement plan of $4,000. Dormitory Authority of the State of New York 146000293 64983RFY8 2005-03-16 21557978 Series 2005A - Finance construction of various sites 0 0 0 Dormitory Authority of the State of New York 146000293 649903EN7 2007-02-22 123473592 Series 2007A - Finance construction of various sites 0 0 0 Dormitory Authority of the State of New York 146000293 649903EN7 2007-02-22 138318912 Series 2007C - Refund 1996, 1998, and 2001A debt 0 0 0 Dormitory Authority of the State of New York 146000293 649903302 2008-09-24 191030000 Series 2008 - Advance refund Series 2001B, 2005B, 2005C, 2007B 0 0 0 0 0 21928417 0 1147715 0 408364 277893 0 20094445 0 0 2008 0 0 1 1 0 0 132302435 0 16341582 0 2116640 1146370 0 112697843 0 0 2009 0 0 1 1 0 136604527 138318912 0 0 135428076 1652824 1238011 0 0 0 0 2001 1 1 1 1 0 188188318 191146588 0 0 188193436 2924960 28192 0 0 0 0 2009 1 0 1 1 0 0 1 1 0 0.0012 0 0.0012 1 0 0 1 1 0 0.012 0 0.012 1 0 0 1 1 0 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 SchK_P03_S00_L05 Schedule K, Part III, Line 5 The 2008 issue refunded the 2001B, 2005B, 2005C, and 2007B auction rate bond series. The 2005 and 2007 issues are reported for Part III Private Business Use purposes. Following are the respective Private Business Use percentages required. 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 are: 2005B 0.13%; 2005C 0.46%; 2007B 1.30%. Robert Wile Other X 350000 250000 0 1 1 Steve Lavin Relocation/Other X 1000000 1000000 0 1 1 1250000 X 1 11000 See Part II X 26 303026 See Part II 1 0 1 1 SchM_P01_S00_L00 Schedule M, Part I St. John's University determines the number of contributions reported in Schedule M Part I(b) based upon the number of contributions by each donor. SchM_P01_S00_L01 Schedule M, Part I, Line 1 Appraisal by independent third party SchM_P01_S00_L09 Schedule M, Part I, Line 9 Average share price on date stock was received SchM_P01_S00_L32b Schedule M, Part I, Line 32b The University only uses stock brokers to sell stock that was donated to the University. There is no soliciting for non-cash donations involved in this process. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Mr. Thomas E. McInerney, a member of the Board of Trustees and Mr. Robert Wile, Senior Vice President and Chief of Staff, own shares in a closely held corporation. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the Audit and Compensation Committee of the Board of Trustees and is made available to the entire Board of Trustees. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The University monitors and enforces compliance with its conflict of interest policy by obtaining signed and dated conflict of interest statements from all members of the Board of Trustees (including members of the Board committees who are not members of the Board). F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 An external consultant is contracted to compile survey data from educational, not-for-profit and peer institutions as well as information on other Form 990s to establish comparable compensation ranges. The President's compensation is recommended by the consultant, reviewed by the Audit and Compensation Committee of the Board of Trustees and presented to the Board of Trustees for approval. Management's recommendations of officer compensation are approved by the Audit and Compensation Committee. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The University makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. F990_P07_S0A_L01a Form 990, Part VII, Section A, Line 1a Pursuant to an agreement with the Congregation of the Mission of St. Vincent de Paul, compensation for Rev. Donald J. Harrington CM is paid directly to the Congregation of the Mission. Pursuant to an agreement with the Religious Sisters of Mercy, compensation for Sister Julia Upton RSM is paid directly to the Sisters of Mercy. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gain on investments F990_P12_S00_L02b Form 990, Part XII, Line 2b The consolidated audited financial statements for the year ended May 31, 2012 have been prepared by St. John's University and include the University and its affiliates St. John's Paris Association and the Rome SRL. The University's Audit and Compensation Committee assumes responsibility for oversight of the audit of the University's financial statements and selection of the University's independent auditors. The Risk Foundation 101 Murray Street New York NY 10007 760716547 To foster and support the study of risk management and insurance NY 501(c)(3) 509(a)(3) Type I St Johns University 0 St John's Bread & Life Program Inc 795 Lexington Avenue Brooklyn NY 11221 113174514 Helping those in need by providing free meals to the community NY 501(c)(3) 170(b)(1)(A)(vi) St Johns University 0 Charitable Remainder Unitrust (1) 8000 Utopia Parkway Jamaica NY 11439 NA NY N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 The Risk Foundation r 4985838 Additional time was required to compile and review electronic data to ensure accuracy and completeness of Form 990.