GEORGIAN COURT UNIVERSITY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- GEORGIAN COURT UNIVERSITY (EIN 21-0634981)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-12
- IRS object ID
- 201101329349302700
- Schema version
- 2009v1.7
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-12T12:42:53-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MARKET STREET SUITE 3100 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 210634981 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGIAN COURT UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GEOR | NameControl |
| Phone | 7329872200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 Lakewood Avenue | AddressLine1 |
| City | Lakewood | City |
| State | NJ | State |
| ZIP Code | 087012097 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SUZANNE ELLIOTT RSM | Name |
| Title | VP-MISSION/BUS.AFFAIRS | Title |
| Phone | 7329872200 | Phone |
| Date Signed | 2011-05-09 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2155614200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ROSEMARY JEFFRIES | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 LAKEWOOD AVENUE | AddressLine1 |
| City | LAKEWOOD | City |
| State | NJ | State |
| ZIP Code | 08704 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 78686673 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.GEORGIAN.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1908 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | To provide a comprehensive liberal arts education in the Roman Catholic tradition, with a special concern for women. The University is committed to justice, respect, integrity, service and compassion. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1067 | TotalNbrEmployees |
| Total Nbr Volunteers | 170 | TotalNbrVolunteers |
| Total Gross UBI | 233148 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -38949 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 9681337 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2729161 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 53572565 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 54968474 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -3146343 | InvestmentIncomePriorYear |
| Investment Income Current Year | 866193 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 417820 | OtherRevenuePriorYear |
| Other Revenue Current Year | 516550 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 60525379 | TotalRevenuePriorYear |
| Total Revenue Current Year | 59080378 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10135103 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 11485942 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 26327147 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 26101965 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 144713 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2160866 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 22213733 | OtherExpensePriorYear |
| Other Expenses Current Year | 21048634 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 58675983 | TotalExpensesPriorYear |
| Total Expenses Current Year | 58781254 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1849396 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 299124 | RevenuesLessExpensesCY |
| Total Assets BOY | 115283030 | TotalAssetsBOY |
| Total Assets EOY | 118956310 | TotalAssetsEOY |
| Total Liabilities BOY | 41913240 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 39899476 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 73369790 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 79056834 | NetAssetsOrFundBalancesEOY |
| Mission Description | Georgian Court University offers students an innovative liberal arts curriculum that broadly covers the arts and sciences, and delivers highly specialized training to help students thrive in their careers. GCU students are engaged in scholarship, service, leadership, and personal development, and graduate to become competent professionals, compassionate leaders, and engaged citizens committed to servant leadership. Most recent data show that GCU students last year invested more than 13,945 hours in volunteer work as they helped Gulf Coast families still reeling from the effects of Hurricane Katrina; advocated for immigration reform and anti-poverty campaigns; and worked with poor women in Peru to promote microeconomics, holistic health, and early childhood education. Nearly 90 GCU classes incorporate service learning as an academic component, regularly connecting students and faculty with more than 15 agencies and 70 organizations. Student leaders in GCU's 16 honor societies and 30 clu | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 31415156 | Expense |
| Grants | 11485942 | Grants |
| Revenue | 55115693 | Revenue |
| Description | Georgian Court serves 1,969 undergraduates in 31 majors and 916 graduate students in 10 distinctive programs. GCU's Women's College and University College offer courses through the School of Arts and Humanities; the School of Sciences and Mathematics; the School of Education; and the School of Business. Women's College: The Women's College at GCU in Lakewood is dedicated to the success of women, both personally and professionally. Open to both residential and commuter students, the college provides a values-based liberal arts education that makes Women's College students extremely marketable in multidisciplinary fields. The emphasis is on building strong women leaders who excel in their careers; contribute to the greater good of their communities, state, and nation; and can approach any obstacle with confidence. Studies show that students at women's colleges like GCU develop high self-esteem, are better prepared for their first job, and are mentored for leadership roles. University College: University College encompasses the coeducational, nonresidential undergraduate, graduate, and certificate offerings at GCU. University College at Georgian Court University helps adult learners-students who have family obligations, hectic employment schedules, and limited time to attend class-achieve their educational and career goals. University College offers flexible scheduling, technology-enhanced courses, and convenient locations throughout the state, all while upholding the high caliber of education that is expected of GCU. Evening, weekend, online, and accelerated classes, as well as a variety of convenient locations, are all part of the University College advantage. Programs are offered starting in the early evening at the GCU main campus in Lakewood, and during the day and evening at GCU at Woodbridge, and GCU at the New Jersey Coastal Communiversity in Wall. GCU has added several new areas of study in recent years, keeping pace with market demands for talented professionals in nursing, homeland security, holistic health, wellness and exercise science, dance, and psychiatric rehabilitation and psychology. Georgian Court continues to develop unique faculty-student research opportunities in areas such as biochemistry; neurobiology; autism studies; early childhood education; learning disabilities teacher consulting; social work; environmental education; criminal justice; community counseling; and school psychology. At least 69% of first-year students at least occasionally spend time with faculty members on activities other than course work, and by their senior year, one in five students has conducted research with a professor. Beyond the classroom, students also participate in field experiences, and by graduation, 64 percent have completed a practicum, internship, co-op, or clinical assignment. Georgian Court is also meeting the need for educational enrichment programming for senior adults seeking intellectual challenge and academic involvement on a college campus. The university's new McAuley Institute for Lifelong Learning offers nearly 20 courses of five to seven weeks, covering topics from history and politics to Renaissance art and modern literature. The institute has attracted upward of 313 members since October 2009. Scholarships and Grants: 96% of full-time freshmen receive aid, and 93% of all students receive aid. The average institutional grant was $9,122 for all full-time students. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3346370 | Expense |
| Description | Student Athletic & Academic Programs: Georgian Court participates in the Central Atlantic Collegiate Conference, NCAA Division II athletics, fielding 126 athletes in eight sports, including basketball, cross country, lacrosse, soccer, softball, tennis, track & field, and volleyball. The GCU Athletics program is distinguished by its commitment to building well-rounded student-athletes. Studies show that women who participate in competitive sports reap rewards that enhance all aspects of their lives. In a nationwide survey, 80% of women identified as key leaders in Fortune 500 companies participated in sports. GCU student-athletes are living proof of this-they maintain high grade point averages, participate regularly in community service projects, and take on leadership roles throughout the university. Our coaching staff is dedicated to helping our student-athletes achieve on the field and in life. GCU student athletes, including those on the university's championship softball, soccer and lacrosse teams, maintain an average GPA of 3.13. In recent years, they have worked with the Tournament of Champions to provide basketball and soccer instruction to physically challenged individuals; raised $2,500 for hunger relief efforts; promoted breast cancer awareness; conducted homeless outreach; and collected used athletic shoes for a program that turns recycled shoe rubber into turf fields, basketball courts and playgrounds for underserved neighborhoods. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5339806 | Expense |
| Description | other expenditures to support the operation of offices dedicated to student service activities | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 40101332 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | true | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | true | 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 | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 141 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1067 | 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 |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | 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 | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | 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 | NJ | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SUZANNE ELLIOTT RSM | NamePerson |
| Telephone Number | 7329872262 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 LAKEWOOD AVENUE | AddressLine1 |
| City | LAKEWOOD | City |
| State | NJ | State |
| ZIP Code | 08704 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (48 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| Patricia E Koch Esq | ||||||||
| Board Chair | 1.0 | X | 0 | 0 | 0 | |||
| Raymond F Shea Jr Esq | ||||||||
| Board Vice Chair | 1.0 | X | 0 | 0 | 0 | |||
| Brian Buckelew | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| John F Croddick Sr | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Margaret E Crowley RSM phd | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Allison DePalma Dammann | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Johanna Diaz CPA | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Joseph DiCorcia Esq | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Marie Michele Donnelly RSM | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| John Paul Doyle Esq | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Helen Donovan Feulner EdD | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Elisabeth Fontenelli | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Fiah Gussin | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Amy J Habib | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Patricia Smith Heanue | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| James J Knipper | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Robert W Koar | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Monsignor Casimir H Ladzinski | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Lesa Lardieri-Wright | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Eugenia E Lawson | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| John K Lloyd | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Mary Meehan phd | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Mary Louise Miller RSM Esq | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Deirdre Mullan RSM phd | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Elizabeth Mulvihill | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Linda M Orlando | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Carol Rittner RSM edd | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| John W Seazholtz | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Eugene D Serpentelli Esq | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Senator Robert W Singer | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Peter R Strohm Esq | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Thomas J Sykes AIA PP | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Deborah Hanley Williams | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Mary Doris Wiswell RSM CAC | ||||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |||
| Rosemary Jeffries RSM PhD | ||||||||
| President | 35.0 | 0 | 0 | 95503 | X | |||
| Joseph F Gower phd | ||||||||
| Provost | 35.0 | 174678 | 0 | 26691 | X | |||
| Barbara A Gliwa | ||||||||
| VP for Finance&Adm/Treasurer | 35.0 | 165764 | 0 | 27105 | X | |||
| Margaret A Huber phd | ||||||||
| VP for Institutional Advanceme | 35.0 | 156269 | 0 | 20352 | X | |||
| Ruth Ann Burns | ||||||||
| VP for Marketing & External Af | 35.0 | 138932 | 0 | 24933 | X | |||
| Dennis Kelly | ||||||||
| VP for Enrollment | 35.0 | 137973 | 0 | 29724 | X | |||
| Mary Ellen Fuhrman RSM | ||||||||
| SpAsst to President/Secretary | 35.0 | 0 | 0 | 3842 | X | |||
| Suzanne Elliott RSM | ||||||||
| VP Mission & Business Affairs | 35.0 | 0 | 0 | 1457 | X | |||
| Mary Lee Batesko phd | ||||||||
| Professor of Education | 35.0 | 114644 | 0 | 15737 | X | |||
| Jacqueline Kress phd | ||||||||
| Dean,School of Educ/Prof | 35.0 | 121414 | 0 | 17774 | X | |||
| Evelyn Saul-Quinn | ||||||||
| Assoc Prov&Dean Stud/AssProf | 35.0 | 112198 | 0 | 28177 | X | |||
| Linda James phd | ||||||||
| Dean,Sch of Sc& Math/Prof | 35.0 | 115963 | 0 | 17375 | X | |||
| Andrew P Christ | ||||||||
| Asst VP for Operations | 35.0 | 111597 | 0 | 2228 | X | |||
| Eduardo S Paderon Phd | ||||||||
| Prof of Philosophy & Business | 0.0 | 18000 | 0 | 50 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1367432 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 310948 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SUNGARD HIGHER EDUCATION | |||||
| 13377 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 60693 | MGMT FEES | 1162824 |
| ebsco information services | |||||
| 17-19 washington st | TENAFLY | NJ | 07670 | IT SERVICES | 218849 |
| Atlantic Roofing Corp | |||||
| 5001 Commerce Drive PO Box 720 | GREEN LANE | PA | 18054 | Contractor | 560496 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Fundraising Events | 127567 | FundraisingEvents |
| Government Grants | 1921769 | GovernmentGrants |
| All Other Contributions | 679825 | AllOtherContributions |
| Noncash Contributions | 10154 | NoncashContributions |
| Total Contributions | 2729161 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| TUITION AND FEES | 900099 | 50724781 | 50724781 | |
| RESIDENCE HALLS AND DINING SERVICES | 900099 | 4123225 | 4123225 | |
| BOOKSTORE INCOME | 900099 | 120468 | $120,468 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 54968474 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1360761 | TotalRevenueColumn |
| Unrelated Business Revenue | -2038 | UnrelatedBusinessRevenue |
| Exclusion | $1,362,799 | 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 | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 235186 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 235186 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 235186 | TotalRevenueColumn |
| Unrelated Business Revenue | 235186 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18983479 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 19478047 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -494568 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -494568 | TotalRevenueColumn |
| Exclusion | -$494,568 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 117375 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 127567 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 115973 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1402 | TotalRevenueColumn |
| Exclusion | $1,402 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 24550 | GrossIncomeGaming |
| Gaming Direct Expenses | 12275 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12275 | TotalRevenueColumn |
| Exclusion | $12,275 | ExclusionAmount |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER STUDENT ACTIVITIES/MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 267687 | TotalRevenueColumn |
| Related Or Exempt Function Income | 267687 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 267687 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 59080378 | TotalRevenueColumn |
| Related Or Exempt Function Income | 55115693 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 233148 | UnrelatedBusinessRevenue |
| Exclusion | $1,002,376 | 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 | 11485942 | Total |
| Program Services | 11485942 | 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 | 1111141 | Total |
| Program Services | 172754 | ProgramServices |
| Management And General | 785074 | ManagementAndGeneral |
| Fundraising | 153313 | 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 | 19189692 | Total |
| Program Services | 14769287 | ProgramServices |
| Management And General | 3455519 | ManagementAndGeneral |
| Fundraising | 964886 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1291662 | Total |
| Program Services | 910867 | ProgramServices |
| Management And General | 304392 | ManagementAndGeneral |
| Fundraising | 76403 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2864883 | Total |
| Program Services | 1870569 | ProgramServices |
| Management And General | 869261 | ManagementAndGeneral |
| Fundraising | 125053 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1644587 | Total |
| Program Services | 1217753 | ProgramServices |
| Management And General | 339728 | ManagementAndGeneral |
| Fundraising | 87106 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55262 | Total |
| Program Services | 55262 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 159828 | Total |
| Management And General | 159828 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133481 | Total |
| Management And General | 133481 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27000 | Total |
| Management And General | 27000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144713 | Total |
| Fundraising | 144713 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 130150 | Total |
| Management And General | 130150 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25700 | Total |
| Program Services | 25700 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 646387 | Total |
| Program Services | 166715 | ProgramServices |
| Management And General | 470132 | ManagementAndGeneral |
| Fundraising | 9540 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1340496 | Total |
| Program Services | 926845 | ProgramServices |
| Management And General | 240126 | ManagementAndGeneral |
| Fundraising | 173525 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2488722 | Total |
| Program Services | 2383326 | ProgramServices |
| Management And General | 33956 | ManagementAndGeneral |
| Fundraising | 71440 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1899268 | Total |
| Program Services | 484811 | ProgramServices |
| Management And General | 1414457 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 345081 | Total |
| Program Services | 303045 | ProgramServices |
| Management And General | 22179 | ManagementAndGeneral |
| Fundraising | 19857 | 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 | 128883 | Total |
| Program Services | 89767 | ProgramServices |
| Management And General | 28571 | ManagementAndGeneral |
| Fundraising | 10545 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1640079 | Total |
| Management And General | 1640079 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3550983 | Total |
| Management And General | 3550983 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 829441 | Total |
| Program Services | 57356 | ProgramServices |
| Management And General | 772085 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| DINING HALL | 1440936 | 1440936 | ||
| STUDENT PROGRAMS & SERVICES | 1084014 | 1064554 | 19460 | |
| STATE/FED GRANT AID SUPPORT | 975470 | 975470 | ||
| RECRUITING | 882938 | 232180 | 46156 | 604602 |
| REPAIRS & MAINTENANCE | 1002704 | 212664 | 1155 | 788885 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2261811 | Total |
| Program Services | 1255529 | ProgramServices |
| Management And General | 748568 | ManagementAndGeneral |
| Fundraising | 257714 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58781254 | Total |
| Program Services | 40101332 | ProgramServices |
| Management And General | 16519056 | ManagementAndGeneral |
| Fundraising | 2160866 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2506502 | BOY |
| EOY | 3780477 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3241816 | BOY |
| EOY | 499235 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2017457 | BOY |
| EOY | 1884130 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15784 | BOY |
| EOY | 14055 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12106 | BOY |
| EOY | 12067 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 87320 | BOY |
| EOY | 85767 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 94369813 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 26557653 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69192576 | BOY |
| EOY | 67812160 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28603736 | BOY |
| EOY | 33805433 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8026505 | BOY |
| EOY | 9789804 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1579228 | BOY |
| EOY | 1273182 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 115283030 | BOY |
| EOY | 118956310 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3753254 | BOY |
| EOY | 4758894 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 125300 | BOY |
| EOY | 126049 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1919515 | BOY |
| EOY | 1347892 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32451285 | BOY |
| EOY | 31251457 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2938129 | BOY |
| EOY | 1647206 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 725757 | BOY |
| EOY | 767978 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41913240 | BOY |
| EOY | 39899476 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58610769 | BOY |
| EOY | 63835772 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3125659 | BOY |
| EOY | 3433733 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11633362 | BOY |
| EOY | 11787329 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73369790 | BOY |
| EOY | 79056834 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 115283030 | BOY |
| EOY | 118956310 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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 | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $27,000 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $2,013 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 29013 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE C, PART II-B, LINE 1 | Identifier |
| Explanation | The University contracts with one individual, Nan S. Wells, to undertake lobbying activities on its behalf. The total fees pursuant to this contract for the year ended June 30, 2010 was $27,000. Additionally, the University is a member in the following associations: Association of Independent Colleges and Universities NACUBO EACUBO The Council of Independent Colleges A percentage of the University's membership dues are deemed to be expended for lobbying activities. For the year ended June 30, 2010, the lobbying amount was $2,013. University personnel and students, during the course of various activities throughout the year, meet with legislators to discuss education related topics. The amount of time spent is not material. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Historic Land Area | X | HistoricLandArea |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Total Acreage | 0.57 | TotalAcreage |
| Nmbr Hist Struct Easements | 1 | NmbrHistStructEasements |
| Nmbr Hist Struct Easements After | 1 | NmbrHistStructEasementsAfter |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 33429111 | BeginningOfYearBalance |
| Contributions | 138314 | Contributions |
| Investment Earnings Or Losses | 6229294 | InvestmentEarningsOrLosses |
| Other Expenditures | 38120 | OtherExpenditures |
| End Of Year Balance | 39758599 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 35278684 | BeginningOfYearBalance |
| Contributions | 5867869 | Contributions |
| Investment Earnings Or Losses | -7501721 | InvestmentEarningsOrLosses |
| Other Expenditures | 215721 | OtherExpenditures |
| End Of Year Balance | 33429111 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.65800 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.29600 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.04500 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 4543047 | OtherCostOrOtherBasis |
| Book Value | 4543047 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 72138321 | OtherCostOrOtherBasis |
| Depreciation | 14458803 | Depreciation |
| Book Value | 57679518 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14266990 | OtherCostOrOtherBasis |
| Depreciation | 9735696 | Depreciation |
| Book Value | 4531294 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3421456 | OtherCostOrOtherBasis |
| Depreciation | 2363155 | Depreciation |
| Book Value | 1058301 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 67812160 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| HEDGE FUNDS | 4118051 |
| INVESTMENTS HELD BY TRUSTEE | 3003304 |
| PRIVATE EQUITY FUNDS | 371190 |
| STRUCTURED CREDIT FUNDS | 1747259 |
| SPECIAL SITUATIONS FUNDS | 550000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 9789804 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| MISCELLANEOUS | $161,910 |
| CONDITIONAL ASSET RETIREMENT | $561,155 |
| ANNUITY PAYMENT LIABILITY | $44,913 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 767978 | TotalOfAmounts |
| Total Revenue | 59080378 | TotalRevenue |
| Total Expenses | 58781254 | TotalExpenses |
| Excess Or Deficit For Year | 299124 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 5387920 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 5387920 | TotalAdjustments |
| Excess Or Deficit Per FS | 5687044 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 52982356 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 5387920 | NetUnrealizedGainsInvestments |
| Other Revenues | -11485942 | OtherRevenues |
| Revenue Not Rptd F990 | -6098022 | RevenueNotRptdF990 |
| Revenue Subtotal | 59080378 | RevenueSubtotal |
| Total Revenue Per Form990 | 59080378 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 47295312 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 47295312 | ExpensesSubtotal |
| Other Expenses Not Included | 11485942 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 11485942 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 58781254 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ENDOWMENT FUNDS | FORM 990, SCHEDULE D, PART V, LINE 4 | The University has adopted an investment policy that is intended to provide a predictable stream of funding to programs from its endowment while seeking to maintain the purchasing power of the endowment assets. Endowment assets include those assets of donor-restricted funds that the University must hold in perpetuity as well as board-designated funds. 1. Donor-restricted endowment funds are established by donor-restricted gifts and recorded as permanently restricted within the University financial statements. The amount of each individual fund is comprised of the original gift, subsequent gifts if they were to be added to the permanent endowment and accumulations if directed by the donor's gift documents. These funds must be retained in accordance with the explicit donor stipulations. 2. Earnings on these endowed funds are regarded as "net appreciation" and classified as temporarily restricted net assets. These amounts are appropriated for expenditure consistent with the donor guidelines. Donor funded scholarships are awarded annually, in accordance with donor stipulated guidelines and are a component of the University's financial aid budget. 3. Board designated funds, quasi-endowment, functioning as endowments are made up of a debt fund, intended to offset future debt borrowings; a plant fund, intended to supplement operational expenses related to facilities' needs such as deferred maintenance or capital items; and a special projects fund with the ability to react to the changing needs and demands of the higher education environment. |
| INCOME TAXES | FORM 990, SCHEDULE D, PART X, LINE 2 | The University follows appropriate guidance which prescribes a model for the recognition and measurement of a tax position taken or expected to be taken in a tax return, and provides guidance on recognition, classification, interest and penalties, disclosure and transition. At June 30, 2010 and 2009, the University does not believe its financial statements include any material uncertain tax positions. |
| RECONCILIATION OF REVENUE | FORM 990, SCHEDULE D, PART XII, LINE 2D SCHOLARSHIP EXPENSE -11,485,942 (Reclass) | |
| RECONCILIATION OF EXPENSES | FORM 990, SCHEDULE D, PART XIII, LINE 4B SCHOLARSHIP EXPENSE 11,485,942 (Reclass) |
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 |
| Pub Via Broadcast Media Expln | The university's Notice of Nondiscrimination policy is printed on all brochures, Web pages, and publications that advertise GCU programs and admissions standards. | PubViaBroadcastMediaExpln |
| 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 |
| Govt Financial Aid Explanation | U.S. DEPARTMENT OF EDUCATION: STUDENT FINANCIAL ASSISTANCE- FEDERAL PELL GRANT PROGRAM FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT FEDERAL WORK STUDY PROGRAM FEDERAL PERKINS LOAN PROGRAM FEDERAL FAMILY EDUCATION LOAN PROGRAM NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT GRANT TEACH GRANT ACADEMIC COMPETITIVENESS GRANT OTHER U.S DEPARTMENT OF EDUCATION AID- TRIO STUDENT SUPPORT SERVICES UPWARD BOUND NJ DEPARTMENT OF EDUCATION: STUDENT FINANCIAL AID CLUSTER- TUITION AID GRANT GEAR UP GRANT DISTINGUISHED SCHOLARSHIP PROGRAM URBAN SCHOLARSHIP PROGRAM OTHER NJ DEPARTMENT OF EDUCATION ASSISTANCE: NEW JERSEY COLLEGE LOANS TO ASSIST STATE STUDENTS EDUCATION OPPORTUNITY FUND-GRANT EDUCATION OPPORTUNITY FUND-ARTICLE IV EDUCATION OPPORTUNITY FUND-SUMMER NJ DEPARTMENT OF HEALTH AND HUMAN SERVICES: VOCATIONAL REHABILITATION DIRECT SERVICES NJ COMMISSION FOR THE BLIND AID TO INDEPENDENT COLLEGES AND UNIVERSITIES NJEFA - DORMITORY SAFETY TRUST FUND, SERIES 2001 A - INTEREST SUBSIDY | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | Ronald Larose Assoc | NameOfIndividual |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Amount Retained By Contractor | 99000 | AmountRetainedByContractor |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 99000 | TotalRetainedByContractors |
| Licensed States | NJ | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Golf Outing | NameOfEvent1 |
| Gross Receipts Event1 | 97010 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 48735 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 48275 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 38079 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Gala | NameOfEvent2 |
| Gross Receipts Event2 | 131550 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 71620 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 59930 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 71638 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 16382 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 7212 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 9170 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 6256 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 244942 | GrossReceiptsTotal |
| Charitable Contributions Total | 127567 | CharitableContributionsTotal |
| Gross Revenue Total Events | 117375 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 115973 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 115973 | DirectExpenseSummaryEvents |
| Net Income Summary | 1402 | NetIncomeSummary |
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | 24550 | GrossRevenueOtherGaming |
| Cash Prizes Other Gaming | 12275 | CashPrizesOtherGaming |
| Volunteer Labor Other Gaming | true | VolunteerLaborOtherGaming |
| Volunteer Labor Prcnt Other Gaming | 0.73000 | VolunteerLaborPrcntOtherGaming |
| Gross Revenue Total Gaming | 24550 | GrossRevenueTotalGaming |
| Cash Prizes Total Gaming | 12275 | CashPrizesTotalGaming |
| Direct Expense Summary Gaming | 12275 | DirectExpenseSummaryGaming |
| Net Gaming Income Summary | 12275 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | NJ | StatesWhereGamingConducted |
| Licensed | true | Licensed |
| License Suspended Etc | false | LicenseSuspendedEtc |
| Gaming With Nonmembers | false | GamingWithNonmembers |
| Member Of Other Entity | false | MemberOfOtherEntity |
| Percentage Of Gaming Own Facility | 0.75000 | PercentageOfGamingOwnFacility |
| Percentage Of Gaming Othr Facility | 0.25000 | PercentageOfGamingOthrFacility |
| Name Of Gaming Rec Keeper Person | Stephanie Ferrier Ross Basen | NameOfGamingRecKeeperPerson |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 LAKEWOOD AVENUE | AddressLine1 |
| City | LAKEWOOD | City |
| State | NJ | State |
| ZIP Code | 08704 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | false | ContractWith3rdPartyForGamRev |
| Gaming Manager Name Person | Stephanie Ferrier Ross Basen | GamingManagerNamePerson |
| Gaming Manager Compensation | 0 | GamingManagerCompensation |
| Gaming Manager Services Provided | Managed raffle as part of event fundraising | GamingManagerServicesProvided |
| Gaming Manager Is Employee | X | GamingManagerIsEmployee |
| Charitable Distrib Required | true | CharitableDistribRequired |
| Amount Distributed | 12275 | AmountDistributed |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (45 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Scholarships | 240 | 1899750 |
| Grants | 475 | 1234070 |
| Athletic Grants | 114 | 946400 |
| EOF Supplemental Grant | 80 | 179042 |
| Nursing Scholarships | 73 | 456750 |
| Resident Assistant Grant | 15 | 147585 |
| Sister of Mercy Discount | 1 | 2258 |
| Catholic Schools Educator Grant - UG | 2 | 1128 |
| Catholic Schools Educator Grant - Grad | 28 | 61045 |
| Senior Citizen Discount | 9 | 20816 |
| Family Discount | 19 | 39518 |
| Mercy ResidenceGrant | 2 | 10800 |
| Semester Graduate Assistantship | 6 | 25020 |
| Catholic High School Grant | 37 | 71500 |
| Deacons Discount | 2 | 2086 |
| President/Leader Scholarship | 5 | 126076 |
| Girl Scout Award | 6 | 2750 |
| Music Scholarship | 4 | 19500 |
| Phi Theta Kappa Scholarship | 61 | 482500 |
| Full Year Graduate Assistantship | 15 | 231381 |
| Mercy Grant | 14 | 75675 |
| GCU-ILEM Scholarship | 72 | 189863 |
| GCUOutstandingLeaderAward | 21 | 97500 |
| IntlEducationGrant | 3 | 57960 |
| Vol/PTMinistryGrant | 49 | 141464 |
| Transfer Scholarship | 441 | 1798700 |
| Phi Theta Kappa PT | 4 | 5100 |
| Court Heritage | 7 | 32500 |
| GCU Incentive Grant | 33 | 108550 |
| Delores Perron U/G Scholarship | 1 | 7859 |
| NJ Girls State Scholarship | 9 | 54000 |
| Women in Science | 3 | 25000 |
| Brookdale CC Grant | 129 | 228000 |
| GCUSch/UpperClass | 301 | 1702400 |
| Ministry | 5 | 10398 |
| Honors Scholarship | 63 | 132000 |
| GCU Award | 69 | 161250 |
| Mercy Mission Award | 1 | 3879 |
| GCU FUNDING ENDOWED SCHOLARSHIP | 90 | 188604 |
| SEOG Match | 133 | 83333 |
| FWS Match | 209 | 68466 |
| Endowed Scholarships | 44 | 79976 |
| Other Scholarships | 57 | 183157 |
| YELLOW RIBBON PROGRAM | 4 | 16345 |
| COLLEGE WORKSTUDY | 48 | 73988 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990, SCHEDULE I, PART I | Identifier |
| Explanation | The University grants listed on Schedule I represent scholarships offered to students who matriculate at the University. As such, no monitoring of the grant funds are required because the student may only use the scholarship funds to defray the cost of tuition. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | false | SubstantiationRequired |
| 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 | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| 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 Gower phd | |||||||||||||
| 166040 | 0 | 0 | 0 | 8638 | 0 | 15116 | 0 | 11575 | 0 | 201369 | 0 | 0 | 0 |
| Barbara A Gliwa | |||||||||||||
| 157598 | 0 | 0 | 0 | 8166 | 0 | 14291 | 0 | 12814 | 0 | 192869 | 0 | 0 | 0 |
| Margaret A Huber phd | |||||||||||||
| 148841 | 0 | 0 | 0 | 7428 | 0 | 13000 | 0 | 7352 | 0 | 176621 | 0 | 0 | 0 |
| Ruth Ann Burns | |||||||||||||
| 131969 | 0 | 0 | 0 | 6963 | 0 | 12186 | 0 | 12747 | 0 | 163865 | 0 | 0 | 0 |
| Dennis Kelly | |||||||||||||
| 128738 | 0 | 0 | 0 | 9235 | 0 | 11891 | 0 | 17833 | 0 | 167697 | 0 | 0 | 0 |
| Eduardo S Paderon Phd | |||||||||||||
| 18000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 | 0 | 18050 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Compensation | Identifier |
| Return Reference | Form 990, Schedule J, Line 1 | ReturnReference |
| Explanation | The President is provided use of a University residence building. The costs are included in other compensation and considered part of the costs customary with said position in order to carry out various job functions. Related services such as maintenance and housekeeping on this facility are performed by the University. The University provides the use of a University residence building to the Vice President of Enrollment. This benefit is not provided pursuant to a written policy, rather it represents a benefit provided to this particular officer to facilitate his job functions at the University. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (5 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| New Jersey Educational Facilities Authority 2007 | ||||||
| 221829511 | 646065KQ4 | 2007-07-19 | 27196077 | ADVANCE REFUNDING/CONSTRUCTIONS | false | false |
| New Jersey Educational Facilities Authority 2003 | ||||||
| 221829511 | 64605LFQ6 | 2003-08-21 | 15933891 | CONSTRUCTION/CAPITAL IMPRVMTS | false | false |
| New Jersey Educational Facilities Auth 20042006A | ||||||
| 221829511 | 646065LMN | 2004-04-14 | 2702688 | FINANCING CAPITAL IMPRVMTS | false | false |
| New Jersey Educational Facilities Authority 2007 | ||||||
| 221829511 | 2007-09-28 | 1050000 | PURCHASE PROPERTY | false | false | |
| New Jersey Educational Facilities Authority TR BDS | ||||||
| 221829511 | 64605NBUT | 2003-10-09 | 180934 | DORMITORY SAFETY IMPRVMTS | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (5 entries)
| Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Amount DefeasedAmountDefeased | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|
| 29252014 | 1738347 | 13468490 | 443446 | 11457843 | false | true | true | true |
| 16307409 | 54 | 318678 | 14694742 | false | false | true | true | |
| 2702698 | 39988 | 2666270 | false | false | true | true | ||
| 1050000 | 1050000 | false | false | true | true | |||
| 180934 | 2735 | 178198 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (5 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| false | false | true | false | false | false |
| false | false | true | false | false | false |
| false | false | false | false | false | false |
| false | false | false | false | false | false |
| false | false | false | false | false | false |
Form990 Schedule K Part IV Form990ScheduleKPartIV (5 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| false | false | false | false | true | false |
| false | false | false | false | true | false |
| false | false | false | false | false | false |
| false | false | false | false | false | true |
| false | false | false | false | true | false |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7 | In April 2006, the Sisters of Mercy of the Regional Community of New Jersey transferred the sponsorship of Georgian Court to the Conference for Mercy Higher Education ("CMHE"). CMHE coordinates collaboration among the 16 Mercy colleges and universities throughout the country on behalf of the Institute of the Sisters of Mercy of the Americas. Georgian Court University has a two-tiered governance structure, the first tier consisting of CMHE (as the University's sole member) and the second being the duly elected Board of Trustees, which includes the President of the University as an ex-officio member. Control of the University and its affairs and property is vested in the Board of Trustees pursuant to the University's By-Laws, subject to the powers reserved to CMHE, including among others, the power to establish the philosophy and mission of the University, elect or remove with or without cause the University president and members of the Board of Trustees, approve expenditures that are in excess of a level requiring approval of the Holy See and merge, consolidate, dissolve, or change the corporate structure of the University. Except to the extent reserved to CMHE, the Board of Trustees is empowered to manage the property and business of the University, including within such authority, the power to delegate such responsibilities and duties to the officers of Georgian Court University as the Board of Trustees deems appropriate. |
| FORM 990, PART VI, SECTION A, LINE 10 | The University's Form 990 was prepared by an international public accounting firm in conjunction with the University's financial department. A draft is prepared and distributed to the full audit committee for review. The audit committee recommends and approves for release the 990. The 990 is distributed to the full board. |
| FORM 990, PART VI, SECTION B, LINE 12 | Each officer, director, trustee and key employee of the University is required to annually disclose any conflicts of interest that arise by virtue of their employment, board service, or position with the University. The University monitors compliance with its conflict of interest policy through a conflict of interest statement that is completed by each board member at the annual June meeting. These are reviewed by the Executive Committee of the Board. In addition to the above parties, Finance staff, as well as anyone with purchasing responsibilities within the University, complete the questionnaire annually and are reviewed by the Vice President for Mission & Business Affairs and Director of Human Resources. Any disclosed relationships are communicated to the Controller for the purpose of completing the 990. Potential conflicts are investigated immediately. |
| FORM 990, PART VI, SECTION B, LINE 15 | The University undertakes a thorough process to ensure that the executive compensation it pays to its top management official and all of its officers and key employees of organization is reasonable given the market in which the University operates. CEO Compensation: The Executive Committee of the Board, reviews the compensation package of the President annually at its June meeting. Compensation level is decided upon utilizing comparative data received from the Human Resource Department. Officer positions are assigned a salary range established by a compensation study done by an outside firm and the Executive Committee of the Board also reviews the compensation for these employees who are considered highest-paid employees. The officers reside on the President's Administrative Team, categorized as the executive level of the University. |
| FORM 990, PART VI, SECTION C, LINE 19 | Governing documents and financial statements are available upon request. Financial statements are listed with bond reporting agencies. Form 990 is provided to the public upon request. |
| FORM 990, SCHEDULE J-2 | Eduardo Paderon is a former officer of the University. In the year ending June 30, 2010, Mr. Paderon received compensation for services rendered as an adjunct professor. President, Sister Rosemary Jeffries; Special Assistant to the President, Sister Mary Ellen Fuhrman; and VP for Mission and Business Affairs, Sister Suzanne Elliot, are represented on Schedule J-2, Part I as having received no compensation from the University because the Order they represent receives all compensation they would both otherwise be paid. The Sisters of Mercy fulfill various roles within the University. Some positions, which would otherwise be filled with lay persons, are assigned a value for compensation and payments for these services are made to the Sisters of Mercy. The payments made for the calendar year 2009 totaled $1,119,764 and the compensation for these two positions is included in this figure. This compensation is not treated as taxable income to the Sisters since they are members of a religious Order and, therefore, Sister Rosemary Jeffries, is still deemed to be an independent board member for purposes of Part VI of the Form 990. |
| RELATED PARTY TRANSACTIONS | ALLISON DEPALMA, TRUSTEE, VICE PRESIDENT OF SCHOOR DEPALMA, SUBSEQUENTLY COMPANY SOLD, CMX, ENGINEERING SERVICES FOR YEAR TOTALED $14,854. ALL SERVICES WERE AT ARMS LENGTH AND IN ACCORDANCE WITH THE UNIVERSITY CONFLICT OF INTEREST POLICY. |
| FORM 990, SCHEDULE K | SCHEDULE K, DATE ISSUED 8/21/2003: THIS BOND REFUNDED A PORTION OF THE NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY BONDS, GEORGIAN COURT COLLEGE ISSUE, 2003 PROJECT B SCHEDULE K, DATE ISSUED 9/28/2007: THESE BONDS WERE ISSUED BY THE NEW JERSEY EDUCATIONAL FACILIITES AUTHORITY PURSUANT TO A NEW JERSEY STATE PROGRAM TO FINANCE CAPITAL IMPROVEMENTS AT INSTITUTIONS OF HIGHER EDUCATION IN NEW JERSEY. THE BONDS WERE SOLD BASED ON THE CREDIT OF THE STATE OF NEW JERSEY IN THE AGGREGATE PRINCIPAL AMOUNT OF $76,725,000. THIS AMOUNT WAS ALLOCATED TO BOTH PUBLIC AND PRIVATE INSTITUTIONS. A FORM 8038 WAS FILED FOR THE PORTION OF THE ISSUE ALLOCATED TO THE PRIVATE INSTITUTIONS AND A SEPARATE FORM 8038-G WAS FILED FOR THE PORTION ALLOCATED TO PUBLIC INSTITUTIONS. GEORGIAN COURT RECEIVED AN AMOUNT OF $2,635,641 WHICH REPRESENTS 23.189% OF THE TOTAL AMOUNT ALLOCATED TO PRIVATE INSTITUTIONS. THE 23.189% WAS APPLIED TO THE AMOUNTS SHOWN ON THE FORM 8038 FOR THE PRIVATE INSTITUTIONS AS ISSUE PRICE, COSTS OF ISSUANCE AND NON-REFUNDING PROCEEDS TO OBTAIN THE PORTION OF THESE AMOUNTS ALLOCABLE TO GEORGIAN COURT. THE OTHER INFORMATION PROVIDED ON SCHEDULE K ABOUT THESE BONDS RELATES TO THE PORTION OF THE ISSUE ALLOCATED TO GEORGIAN COURT AND NOT TO THE AMOUNT OF THE ISSUE IN THE AGGREGATE. ON OCTOBER 26, 2006, THE NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY ISSUED ITS CAPITAL IMPROVEMENT FUND BONDS, 2006 A TO REFUND PART OF THE CAPITAL IMPROVEMENT FUND 2004 A BONDS AND PART OF SEVERAL OTHER ISSUES OF CAPITAL IMPROVEMENT BONDS. DEBT SERVICE ON THE 2004 A BONDS WAS ADJUSTED TO TAKE ACCOUNT OF THE DEBT SERVICE SAVINGS THAT RESULTED FROM THE REFUNDING. THE CUSIP NUMBER AND DATE OF ISSUE SHOWN ON PART I OF SCHEDULE K AND OTHER INFORMATION PROVIDED ABOUT THESE BONDS ON SCHEDULE K RELATE TO THE 2004 A BONDS. SCHEDULE K, DATE ISSUED 10/9/2003: THIS BOND ISSUE WAS ISSUED BY THE NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY PURSUANT TO A STATE PROGRAM TO FINANCE DORMITORY SAFETY IMPROVEMENTS. THE PROCEEDS WERE LOANED TO 12 EDUCATIONAL INSTITUTIONS. GEORGIAN COURT RECEIVED A LOAN OF $178,198.33 OUT OF $5,440,339.33. THUS, GEORGIAN COURT UNIVERSITY RECEIVED 3.2755% OF THE LOANS. THIS PERCENTAGE WAS APPLIED TO THE ISSUE PRICE AND COSTS OF ISSUANCE SHOWN ON THE FORM 8038 FOR THE BONDS TO OBTAIN THE AMOUNTS SHOWN IN PART I, COLUMN (E) AND PART II, lINE 6, COLUMN (E). THE INFORMATION ABOUT REBATE IN PART IV IS FOR THE ENTIRE ISSUE AND IS BASED ON THE MOST RECENT REBATE REPORT RECEIVED BY THE AUTHORITY. THE LOANS MADE TO GEORGIAN COURT AND THE OTHER BORROWERS WERE INTEREST FREE LOANS. GEORGIAN COURT IS OBLIGATED TO REPAY PRINCIPAL OF ITS LOAN AND THE STATE OF NEW JERSEY PAYS DEBT SERVICE SUBJECT TO APPROPRIATION. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONFERENCE FOR MERCY HIGHER EDUCATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8630 FENTON STREET 934 | AddressLine1 |
| City | SILVER SPRING | City |
| State | MD | State |
| ZIP Code | 20190 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431973007 | EIN |
| Primary Activities | Sponsorship | PrimaryActivities |
| Legal Domicile State | MD | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | 1 | PublicCharityStatus |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | 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 |
| 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 | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | 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 |
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