PACE UNIVERSITY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- PACE UNIVERSITY (EIN 13-5562314)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-12
- IRS object ID
- 201121329349301237
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-12T09:17:41-04:00 | 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 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 MADISON AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135562314 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PACE UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PACE | NameControl |
| Phone | 9149232600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PACE PLAZA CONTROLLERS OFFICE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100381598 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT C ALMON | Name |
| Title | EVP FOR FINANCE & CFO | Title |
| Date Signed | 2011-05-12 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6464713000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 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 | STEPHEN J FRIEDMAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PACE PLAZA | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100381598 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 419572399 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.PACE.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1906 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | PACE UNIVERSITY CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF ITS QUALIFIED & DIVERSE STUDENT POPULATION. DIVERSE PROGRAMS ARE OFFERED AT THE GRADUATE AND UNDERGRADUATE LEVELS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 26 | NbrIndependentVotingMembers |
| Total Nbr Employees | 5017 | TotalNbrEmployees |
| Total Nbr Volunteers | 28 | TotalNbrVolunteers |
| Total Gross UBI | -5967 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -8717 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 16206263 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 15662199 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 335540769 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 363755613 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1005421 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2598160 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 3522976 | OtherRevenuePriorYear |
| Other Revenue Current Year | 3160652 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 356275429 | TotalRevenuePriorYear |
| Total Revenue Current Year | 385176624 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 83959859 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 114576505 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 169270247 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 182346219 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 1036270 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 667312 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 3893537 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 115861145 | OtherExpensePriorYear |
| Other Expenses Current Year | 108769752 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 370127521 | TotalExpensesPriorYear |
| Total Expenses Current Year | 406359788 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -13852092 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -21183164 | RevenuesLessExpensesCY |
| Total Assets BOY | 456691662 | TotalAssetsBOY |
| Total Assets EOY | 432936055 | TotalAssetsEOY |
| Total Liabilities BOY | 312828366 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 303119037 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 143863296 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 129817018 | NetAssetsOrFundBalancesEOY |
| Mission Description | PACE UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL, NONSECTARIAN, NOT-FOR-PROFIT INSTITUTION OF HIGHER EDUCATION WITH CAMPUSES IN NEW YORK CITY AND WESTCHESTER COUNTY. FOUNDED IN 1906, PACE WAS GRANTED COLLEGE STATUS IN 1948. WE ARE EXEMPT FROM FEDERAL TAXES UNDER SECTION 501(C)(3). PACE CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF STUDENTS. OFFERING ACCESS AND OPPORTUNITY TO QUALIFIED MEN AND WOMEN, PACE EMBRACES PERSONS OF DIVERSE TALENTS, INTERESTS, EXPERIENCES, AND ORIGINS WHO HAVE THE WILL TO LEARN. THE UNIVERSITY OFFERS A WIDE RANGE OF ACADEMIC AND PROFESSIONAL PROGRAMS AT THE GRADUATE AND UNDERGRADUATE LEVEL IN SIX COLLEGES AND SCHOOLS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 116915099 | Expense |
| Grants | 0 | Grants |
| Revenue | 309701758 | Revenue |
| Description | INSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 114576505 | Expense |
| Grants | 114576505 | Grants |
| Revenue | 5970916 | Revenue |
| Description | SCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 44391779 | Expense |
| Grants | 0 | Grants |
| Revenue | 3881270 | Revenue |
| Description | ACADEMIC SUPPORT - TO PROVIDE FACILITIES AND PERSONNEL TO SUPPORT INSTRUCTIONAL STAFF IN THE EDUCATIONAL EFFORT (I.E. LIBRARIES, ACADEMIC COMPUTER CENTERS, AUDIO VISUAL AIDES, ETC). | Description |
Activity Other ActivityOther (3 entries)
| ExpenseExpense | GrantsGrants | RevenueRevenue | DescriptionDescription |
|---|---|---|---|
| 42058124 | 0 | 40123388 | AUXILIARIES |
| 38865739 | 0 | 3270122 | STUDENT SERVICES |
| 2816213 | 0 | 808159 | RESEARCH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 83740076 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 44201669 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 359623459 | 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 | false | ConservationEasements |
| Collections Of Art | true | 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 | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | true | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 231 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 5017 | 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 | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 26 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TOBY R WINER | NamePerson |
| Telephone Number | 9149232720 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PACE UNIVERSITY235 ELM ROAD | AddressLine1 |
| City | BRIARCLIFF MANOR | City |
| State | NY | State |
| ZIP Code | 10510 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (59 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Mark M Besca | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Aniello A Bianco | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Philip F Bleser | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Donald L Boudreau | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Christopher A Edwards | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| John A Gerson | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Cynthia Greer Goldstein | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Barry M Gosin | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Bridget-Anne Hampden | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| James E Healey | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Charles N Jordan Jr | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Harold O Levy | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Suresh Munshani | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Edward F Murphy | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| John T O'Connor Esq | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Michael O'Reilly | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| David J Pecker | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Barbara Ann Porceddu | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Maria Fiorini Ramirez | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Carol Raphael | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Jack J Ribeiro | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Robert A Rivero | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Joseph F Ryan | |||||||||
| Trustee, Full Time Faculty | 1.0 | X | 150129 | 0 | 22536 | ||||
| Jack L Salzman | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Ivan G Seidenberg | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Marie J Toulantis | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Hal J Upbin | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Ivor A Whitson | |||||||||
| Trustee, Adjunct Faculty | 1.0 | X | 5409 | 0 | 57 | ||||
| Richard F Zannino | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Stephen J Friedman | |||||||||
| President and Trustee | 40.0 | X | 502352 | 0 | 35553 | X | |||
| Thomas J Quinlan III | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Geoffrey L Brackett | |||||||||
| Provost & EVP Academic Affairs | 40.0 | 320155 | 0 | 47773 | X | ||||
| Stephen Brodsky | |||||||||
| Corp Secretary & Legal Counsel | 40.0 | 192498 | 0 | 41543 | X | ||||
| Robert Keating | |||||||||
| VP Strategic Initiatives | 40.0 | 202749 | 0 | 2554 | X | ||||
| Darnita Killian | |||||||||
| VP Student Services | 40.0 | 175723 | 0 | 30879 | X | ||||
| William McGrath | |||||||||
| SVP & Chief Admin Officer | 40.0 | 237400 | 0 | 24579 | X | ||||
| Christine M Meola | |||||||||
| VP Philanthropy | 40.0 | 158051 | 0 | 22236 | X | ||||
| Karen F Robilotta | |||||||||
| VP Human Resources | 40.0 | 193771 | 0 | 27905 | X | ||||
| Robina C Schepp | |||||||||
| VP Enrollment Mgt & Placement | 40.0 | 198944 | 0 | 21862 | X | ||||
| Rick N Whitfield | |||||||||
| EVP Finance & Planning, CFO | 40.0 | 464628 | 0 | 43137 | X | ||||
| Toby R Winer | |||||||||
| SVP Finance & Treasurer | 40.0 | 243962 | 0 | 27861 | X | ||||
| Robert C Almon | |||||||||
| EVP FINANCE & PLANNING, CFO | 40.0 | 0 | 0 | 0 | X | ||||
| STEPHEN A GRAHAM | |||||||||
| INTERIM VP PLANNING & BUDGET | 40.0 | 155341 | 0 | 35063 | X | ||||
| RONALD A NAHUM | |||||||||
| VP Planning & Budget | 40.0 | 282387 | 0 | 24475 | X | ||||
| GANESAN RAVISHANKER | |||||||||
| VP INFORMATION TECHNOLOGY, CIO | 40.0 | 82150 | 0 | 7030 | X | ||||
| THOMAS P TORELLO | |||||||||
| VP UNIVERSITY RELATIONS | 40.0 | 16273 | 0 | 0 | X | ||||
| Joseph R Baczko | |||||||||
| Dean, Lubin School of Business | 40.0 | 343614 | 0 | 19958 | X | ||||
| Harriet R Feldman | |||||||||
| Dean, Lienhard School Nursing | 40.0 | 259949 | 0 | 43125 | X | ||||
| Nira Herrmann | |||||||||
| Dean, Dyson College Arts & Sci | 40.0 | 224946 | 0 | 24400 | X | ||||
| Steven L Johnson | |||||||||
| Associate VP, Registrar | 40.0 | 168818 | 0 | 26188 | X | ||||
| Constance A Knapp | |||||||||
| Interim Dean,Seidenberg School | 40.0 | 155745 | 0 | 22533 | X | ||||
| Michelle S Simon | |||||||||
| Dean, School of Law | 40.0 | 320444 | 0 | 35663 | X | ||||
| Steven H Goldberg | |||||||||
| Professor, Law School | 40.0 | 217266 | 0 | 44707 | X | ||||
| John R Nolon | |||||||||
| Professor, Law School | 40.0 | 289739 | 0 | 44383 | X | ||||
| Nicholas A Robinson | |||||||||
| Professor, Law School | 40.0 | 221662 | 0 | 41963 | X | ||||
| Michael Szenberg | |||||||||
| Professor, Lubin School | 40.0 | 246714 | 0 | 28360 | X | ||||
| JEFFREY MILLER | |||||||||
| PROFESSOR, LAW SCHOOL | 40.0 | 224001 | 0 | 33909 | X | ||||
| David A Caputo | |||||||||
| Former University President | 221725 | 0 | 24983 | X | |||||
| Joseph C Morreale | |||||||||
| Former Provost & EVP Academic | 206096 | 0 | 40115 | X | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 6682641 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 845330 | TotalOtherCompensation |
| Number Individuals GT100 K | 298 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ABM Janitorial Svcs Northeast Inc | |||||
| 551 Fifth Avenue Suite 300 | NEW YORK | NY | 10176 | CLEANING SERVICES | 7649346 |
| LACKMANN FOOD SERVICE INC | |||||
| 303 CROSSWAYS PARK DRIVE | WOODBURY | NY | 11797 | FOOD SERVICES | 8298861 |
| WINFIELD SECURITY CORP | |||||
| 57 WEST 38TH STREET 5TH FLOOR | NEW YORK | NY | 10018 | SECURITY SERVICES | 4491297 |
| Hagedorn Company | |||||
| 11 Broadway 17th floor | NEW YORK | NY | 10004 | INSURANCE BROKER | 1265272 |
| Pavarini North East Construction Co | |||||
| 1111 Summer Street 6th Floor | STAMFORD | CT | 06905 | CONSTRUCTION SERVICE | 3511467 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 114 | NumberOfContractorsGT100K |
| Government Grants | 10783615 | GovernmentGrants |
| All Other Contributions | 4878584 | AllOtherContributions |
| Noncash Contributions | 249752 | NoncashContributions |
| Total Contributions | 15662199 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 321502737 | 321502737 |
| DORMITORY RENTALS | 900099 | 33451131 | 33451131 |
| FOOD SERVICE REVENUE | 900099 | 6658804 | 6658804 |
| ACADEMIC ACTIVITIES | 900099 | 1683559 | 1683559 |
| BOOKSTORE COMMISSIONS | 900099 | 442994 | 442994 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16388 | TotalRevenueColumn |
| Related Or Exempt Function Income | 16388 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 363755613 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1857097 | TotalRevenueColumn |
| Unrelated Business Revenue | -5967 | UnrelatedBusinessRevenue |
| Exclusion | $1,863,064 | 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 | 60000 | TotalRevenueColumn |
| Exclusion | $60,000 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1705099 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1729826 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -24727 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -24727 | TotalRevenueColumn |
| Exclusion | -$24,727 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 32830790 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 32089727 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 741063 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 741063 | TotalRevenueColumn |
| Exclusion | $741,063 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 1202634 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 576222 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 626412 | TotalRevenueColumn |
| Exclusion | $626,412 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 2498967 | TotalRevenueColumn |
| Exclusion | $2,498,967 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2498967 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 385176624 | TotalRevenueColumn |
| Related Or Exempt Function Income | 363755613 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -5967 | UnrelatedBusinessRevenue |
| Exclusion | $5,764,779 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114576505 | Total |
| Program Services | 114576505 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7316386 | Total |
| Program Services | 3545069 | ProgramServices |
| Management And General | 3377336 | ManagementAndGeneral |
| Fundraising | 393981 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118892895 | Total |
| Program Services | 103252453 | ProgramServices |
| Management And General | 14092889 | ManagementAndGeneral |
| Fundraising | 1547553 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8012786 | Total |
| Program Services | 6958699 | ProgramServices |
| Management And General | 949790 | ManagementAndGeneral |
| Fundraising | 104297 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39769245 | Total |
| Program Services | 34537573 | ProgramServices |
| Management And General | 4714021 | ManagementAndGeneral |
| Fundraising | 517651 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8354907 | Total |
| Program Services | 7098692 | ProgramServices |
| Management And General | 1129535 | ManagementAndGeneral |
| Fundraising | 126680 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 479361 | Total |
| Program Services | 12787 | ProgramServices |
| Management And General | 465074 | ManagementAndGeneral |
| Fundraising | 1500 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 357445 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 357445 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 667312 | Total |
| Fundraising | 667312 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 298261 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 298261 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7365006 | Total |
| Program Services | 5316301 | ProgramServices |
| Management And General | 1841867 | ManagementAndGeneral |
| Fundraising | 206838 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3289624 | Total |
| Program Services | 2722797 | ProgramServices |
| Management And General | 521282 | ManagementAndGeneral |
| Fundraising | 45545 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10027168 | Total |
| Program Services | 6255319 | ProgramServices |
| Management And General | 3721246 | ManagementAndGeneral |
| Fundraising | 50603 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2417470 | Total |
| Program Services | 1213933 | ProgramServices |
| Management And General | 1155167 | ManagementAndGeneral |
| Fundraising | 48370 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43499642 | Total |
| Program Services | 37995665 | ProgramServices |
| Management And General | 5498977 | ManagementAndGeneral |
| Fundraising | 5000 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3852358 | Total |
| Program Services | 3456576 | ProgramServices |
| Management And General | 361317 | ManagementAndGeneral |
| Fundraising | 34465 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 834676 | Total |
| Program Services | 770397 | ProgramServices |
| Management And General | 62574 | ManagementAndGeneral |
| Fundraising | 1705 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8378160 | Total |
| Program Services | 7407304 | ProgramServices |
| Management And General | 970856 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10406524 | Total |
| Program Services | 9420694 | ProgramServices |
| Management And General | 985830 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 279132 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 279132 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| EQUIPMENT REPAIR/SMALL CAPITAL | 2170617 | 2170617 | 0 | 0 |
| LIBRARY BOOK PURCHASES | 2069718 | 2037290 | 15129 | 17299 |
| BAD DEBT EXPENSE | 551994 | 125397 | 426597 | 0 |
| MEALS COSTS & STUDENT ACTIVITY | 7592793 | 7124060 | 430678 | 38055 |
| OTHER EXPENSES | 4899803 | 3625331 | 1187789 | 86683 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 406359788 | Total |
| Program Services | 359623459 | ProgramServices |
| Management And General | 42842792 | ManagementAndGeneral |
| Fundraising | 3893537 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37668867 | BOY |
| EOY | 9158188 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25345588 | BOY |
| EOY | 20260750 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7512354 | BOY |
| EOY | 6810613 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13864122 | BOY |
| EOY | 13679816 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41621 | BOY |
| EOY | 41621 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8703114 | BOY |
| EOY | 7977540 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 393183548 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 136919071 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 255387920 | BOY |
| EOY | 256264477 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72137470 | BOY |
| EOY | 84018137 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23061313 | BOY |
| EOY | 20561546 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12969294 | BOY |
| EOY | 14163367 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 456691662 | BOY |
| EOY | 432936055 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29263260 | BOY |
| EOY | 28915519 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12333492 | BOY |
| EOY | 12506154 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9211184 | BOY |
| EOY | 10034354 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84099553 | BOY |
| EOY | 81571035 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100043503 | BOY |
| EOY | 74950000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77877374 | BOY |
| EOY | 95141975 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 312828366 | BOY |
| EOY | 303119037 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19969141 | BOY |
| EOY | 2342451 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51106123 | BOY |
| EOY | 53689798 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72788032 | BOY |
| EOY | 73784769 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 143863296 | BOY |
| EOY | 129817018 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 456691662 | BOY |
| EOY | 432936055 | 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 | true | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | true | MailingsMembers |
| Mailings Members | $58 | MailingsMembersAmount |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $10,806 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $2,889 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 13753 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| LOBBYING ACTIVITIES | SCHEDULE C, PART II-B | LOBBYING IS NOT A SUBSTANTIAL PART OF PACE UNIVERSITY'S OVERALL BUDGET. PACE ENGAGES IN INSUBSTANTIAL LEGISLATIVE ADVOCACY AT THE FEDERAL LEVEL AND MODEST ACTIVITY AT THE NEW YORK STATE AND NEW YORK CITY LEVELS. THE UNIVERSITY'S LOBBYISTS OCCASIONALLY ADVOCATE FOR APPROPRIATIONS FOR PROGRAMS OF IMPORTANCE TO THE UNIVERSITY. PACE UNIVERSITY RECEIVES FUNDING FOR STUDENT AID FROM THE STATE OF NEW YORK AND THE FEDERAL GOVERNMENT. THE AMOUNT AND CONTINUATION OF THESE FUNDS ARE NOT GUARANTEED. THE MAJORITY OF THE UNIVERSITY'S EFFORTS ARE RELATED TO ACTIVITIES SUPPORTING STUDENT AID. THE UNIVERSITY HAS CONDUCTED MINIMAL LOBBYING ACTIVITIES RELATED TO HIGHER EDUCATION ISSUES, ISSUES THAT EFFECT PACE'S DAY TO DAY OPERATIONS, AND OTHER ISSUES RELATED TO OUR ORGANIZATIONAL MISSION. THE UNIVERSITY ALSO ENGAGES IN LEGISLATIVE ADVOCACY RELATING TO DOMESTIC RELATIONS ISSUES (IN CONNECTION WITH PACE'S WOMEN'S JUSTICE CENTER) AND ENVIRONMENTAL ISSUES(IN CONNECTION WITH PACE'S LAND USE LAW CENTER). |
| OTHER LOBBYING ACTIVITIES | SCHEDULE C, PART II-B, QUESTION 1(I) | UNIVERSITY STUDENTS PARTICIPATE IN ANNUAL LOBBY DAY ACTIVITIES ORGANIZED BY CICU (COMMISSION FOR INDEPENDENT COLLEGES AND UNIVERSITIES), DURING WHICH THE STUDENTS, ACCOMPANIED BY OUR REGISTERED LOBBYISTS, MEET WITH ELECTED OFFICIALS TO DISCUSS THE IMPORTANCE OF STATE FINANCIAL AID. |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 92989794 | BeginningOfYearBalance |
| Contributions | 3605979 | Contributions |
| Investment Earnings Or Losses | 8484805 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1141470 | GrantsOrScholarships |
| Other Expenditures | 1411132 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 102527976 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 118836147 | BeginningOfYearBalance |
| Contributions | 3855278 | Contributions |
| Investment Earnings Or Losses | -27283860 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1311619 | GrantsOrScholarships |
| Other Expenditures | 1106152 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 92989794 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.07000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.62000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.31000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11285093 | OtherCostOrOtherBasis |
| Book Value | 11285093 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 289682069 | OtherCostOrOtherBasis |
| Depreciation | 82644927 | Depreciation |
| Book Value | 207037142 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 20550831 | OtherCostOrOtherBasis |
| Depreciation | 7873652 | Depreciation |
| Book Value | 12677180 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 70722386 | OtherCostOrOtherBasis |
| Depreciation | 46400493 | Depreciation |
| Book Value | 24321893 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 943169 | OtherCostOrOtherBasis |
| Book Value | 943169 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 256264477 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED RENTAL REVENUE | $9,441,966 |
| ACCRUED POSTRETIRE. BEN. OBLG. | $74,669,821 |
| ASSET RETIREMENT OBLIGATION | $3,463,323 |
| FAIR VALUE OF DERIVATIVE INSTR | $7,566,865 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 95141975 | TotalOfAmounts |
| Total Revenue | 385176624 | TotalRevenue |
| Total Expenses | 406359788 | TotalExpenses |
| Excess Or Deficit For Year | -21183164 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 7063483 | NetUnrealizedGLOnInvestments |
| Other | $73,403 | OtherAmount |
| Total Adjustments | 7136886 | TotalAdjustments |
| Excess Or Deficit Per FS | -14046278 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 280098417 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 7063483 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 353625 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 2379451 | OtherRevenues |
| Revenue Not Rptd F990 | 9796559 | RevenueNotRptdF990 |
| Revenue Subtotal | 270301858 | RevenueSubtotal |
| Investment Expenses Not Included | 298261 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 114576505 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 114874766 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 385176624 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 294144695 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 353625 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 2306048 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2659673 | ExpensesNotRptdF990 |
| Expenses Subtotal | 291485022 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 298261 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 114576505 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 114874766 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 406359788 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Collections of Art | SCHEDULE D, PART III, QUESTIONS 1A AND 4 | PACE UNIVERSITY HAS SEVERAL ART GALLERIES BETWEEN ITS PLEASANTVILLE AND NEW YORK CITY CAMPUSES THAT SERVE THE GENERAL STUDENT POPULATION WITH COURSES AND EXHIBITIONS. DONATED ARTWORK INCLUDES PHOTOGRAPHS, PAINTINGS AND SCULPTURES AND IS DISPLAYED ON VARIOUS INTERIOR AND EXTERIOR CAMPUS LOCATIONS AND IN SPECIAL EXHIBITIONS DESIGNED TO PROVIDE VISUAL LITERACY AS PART OF THE UNIVERSITY LEARNING EXPERIENCE. AS THE VALUE OF SUCH COLLECTIONS IS NOT MATERIAL TO THE UNIVERSITY AS A WHOLE, THE FOOTNOTES TO THE FINANCIAL STATEMENTS DO NOT INCLUDE RELATED TEXT. |
| INTENDED USES OF ENDOWMENT FUNDS | SCHEDULE D, PART V, QUESTION 4 | The University's endowment consists of approximately 360 individual funds established for a variety of purposes, including support of scholarships, academic programs, academic chairs, student activities, research, institutional support and capital projects. Our endowment includes both donor restricted endowment funds and funds designated by the Board of Trustees to function as endowments (quasi endowments). The University's investments are managed to achieve the maximum prudent long term total return. The University's board of trustees has authorized a policy designed to preserve the value of these investments in real terms (after inflation) and provide a predictable flow of funds to support operations. |
| FEDERAL INCOME TAX | SCHEDULE D, PART X, LINE 2 | At June 30, 2010 and 2009, the University had no liabilities recorded for uncertain tax positions. |
| OTHER AMOUNTS INCLUDED IN BOOKS BUT NOT IN RETURN | SCHEDULE D, PART XII, LINE 2D | DESCRIPTION AMOUNT RENT EXPENSE $1,729,826 SPECIAL EVENTS EXPENSE $ 576,222 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $ 73,403 |
| OTHER AMOUNTS INCLUDED IN RETURN BUT NOT IN BOOKS | SCHEDULE D, PART XII, LINE 4B | DESCRIPTION AMOUNT SCHOLARSHIPS $114,576,505 |
| OTHER EXPENSES INCLUDED IN BOOKS BUT NOT IN RETURN | SCHEDULE D, PART XIII, LINE 2D | DESCRIPTION AMOUNT RENT EXPENSE $1,729,826 SPECIAL EVENTS EXPENSE $ 576,222 |
| OTHER EXPENSES INCLUDED IN RETURN BUT NOT IN BOOKS | SCHEDULE D, PART XII, LINE 4B | DESCRIPTION AMOUNT SCHOLARSHIPS $114,576,505 |
| RECONCILIATION OF CHANGE IN NET ASSETS - FORM 990 TO AUDITED FINANCIALS | SCHEDULE D, PART XI, LINE 8 | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $73,403 |
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 Enrollment Marketing team and the University Relations Marketing team know of the requirement and ensure that this language appears in all promotional materials. | 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 | THE UNIVERSITY PARTICIPATES IN STUDENT FINANCIAL AID PROGRAMS THROUGH U.S. DEPARTMENT OF EDUCATION (PELL GRANT PROGRAM, PERKINS LOAN PROGRAM DIRECT LOAN PROGRAM, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT PROGRAM, FEDERAL WORK STUDY PROGRAM, AS WELL AS OTHER SMALLER PROGRAMS) AND U.S DEPARTMENT OF HEALTH AND HUMAN SERVICES (NURSING STUDENT LOAN PROGRAM SCHOLARSHIPS FOR DISADVANTAGED STUDENTS). | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (5 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | TRAVEL COURSES | 198753 |
| South America | 0 | 0 | Program Services | TRAVEL COURSES | 17000 |
| Europe (Including Iceland and Greenland) | 0 | 1 | Program Services | STUDENT RECRUITMENT | 85114 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | CONFERENCES,DUES&OTHER | 21020 |
| East Asia and the Pacific | 0 | 0 | STUDENT RECRUITMENT | 11914 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 1 | TotalNumberOfEmployees |
| Total Amount Spent | 333801 | TotalAmountSpent |
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 (5 entries)
| Name Of IndividualNameOfIndividual | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|
| COMMUNITY COUNSELING SERVICE STRATE | Strategic Counsel | false | 6293026 | 294500 | 5998526 |
| RUFFALO CODY LLC TELEFUNDRAISING AN | Telefundra- ising | false | 304853 | 195490 | 109363 |
| HOSPITALITY RESOURCE GROUP SPECIAL | STRATEGY & EXECUTION | true | 314829 | 25000 | 289829 |
| BUCKLEY HALL SPECIAL EVENT FUNDRAIS | Strategy & Execution | true | 609300 | 82857 | 526443 |
| ARLEEN JOHNSON ANJ ENTERPR SPECIA | STRATEGY & EXECUTION | true | 399432 | 69465 | 329967 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 7921440 | TotalGrossReceipts |
| Total Retained By Contractors | 667312 | TotalRetainedByContractors |
| Total Net To Organization | 7254128 | TotalNetToOrganization |
| Licensed States | NY | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | LIM DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 395262 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 395262 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 3740 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 0 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 72930 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 800 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 93060 | OtherDirectExpensesEvent1 |
| Name Of Event2 | LUBIN LUNCHEON | NameOfEvent2 |
| Gross Receipts Event2 | 312373 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 312373 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 0 | CashPrizesEvent2 |
| Non Cash Prizes Event2 | 43821 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 0 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 54399 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 0 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 58919 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 6 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 494999 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 494999 | GrossRevenueOtherEvents |
| Cash Prizes Other Events | 0 | CashPrizesOtherEvents |
| Non Cash Prizes Other Events | 14510 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 35600 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 108033 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 90410 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 1202634 | GrossReceiptsTotal |
| Gross Revenue Total Events | 1202634 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 62071 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 35600 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 235362 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 800 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 242389 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 576222 | DirectExpenseSummaryEvents |
| Net Income Summary | 626412 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 7841 | NumberOfRecipients |
| Amount Of Cash Grant | 114576505 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITORING USE OF GRANT FUNDS IN THE US | Identifier |
| Return Reference | SCHEDULE I, PART I, LINE 2 | ReturnReference |
| Explanation | THE UNIVERSITY AWARDS FEDERAL AND STATE FINANCIAL AID FUNDS EACH YEAR BASED UPON A STUDENT'S FINANCIAL NEED. ADDITIONALLY, THE UNIVERSITY PROVIDES INSTITUTIONAL AID VIA UNIVERSITY GRANTS ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEED, AND OTHER STANDARDS. The Office of Financial Aid verify the academic performance and the income data provided on the Free Application for Federal Student Aid (FAFSA) of each student to determine the amount of aid awarded, as needed. THE UNIVERSITY ALSO OFFERS SCHOLARSHIPS FUNDED THROUGH SPECIAL ENDOWMENTS AND DONATIONS, WHICH ARE AWARDED BASED ON SIMILAR STANDARDS AS WELL AS DONOR'S CRITERIA. THE OFFICES OF FINANCIAL AID AND FINANCE CONTINUOUSLY MONITOR STUDENT ELIGIBILITY FOR THESE AWARDS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (27 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 Ryan | |||||||||||||
| 149733 | 0 | 0 | 0 | 396 | 0 | 12232 | 0 | 10304 | 0 | 172665 | 0 | 0 | 0 |
| Geoffrey L Brackett | |||||||||||||
| 307058 | 0 | 0 | 0 | 13097 | 0 | 24500 | 0 | 23273 | 0 | 367928 | 0 | 0 | 0 |
| Stephen Brodsky | |||||||||||||
| 192498 | 0 | 0 | 0 | 0 | 0 | 23920 | 0 | 17623 | 0 | 234041 | 0 | 0 | 0 |
| Stephen J Friedman | |||||||||||||
| 396599 | 0 | 100000 | 0 | 5753 | 0 | 22050 | 0 | 13503 | 0 | 537905 | 0 | 0 | 0 |
| Robert Keating | |||||||||||||
| 199080 | 0 | 0 | 0 | 3669 | 0 | 0 | 0 | 2554 | 0 | 205303 | 0 | 0 | 0 |
| Darnita Killian | |||||||||||||
| 175723 | 0 | 0 | 0 | 0 | 0 | 16358 | 0 | 14521 | 0 | 206602 | 0 | 0 | 0 |
| William McGrath | |||||||||||||
| 234718 | 0 | 0 | 0 | 2682 | 0 | 19579 | 0 | 5000 | 0 | 261979 | 0 | 0 | 0 |
| Christine M Meola | |||||||||||||
| 156909 | 0 | 0 | 0 | 1142 | 0 | 12863 | 0 | 9373 | 0 | 180287 | 0 | 0 | 0 |
| Karen F Robilotta | |||||||||||||
| 193627 | 0 | 0 | 0 | 144 | 0 | 7500 | 0 | 20405 | 0 | 221676 | 0 | 0 | 0 |
| Robina C Schepp | |||||||||||||
| 198800 | 0 | 0 | 0 | 144 | 0 | 18000 | 0 | 3862 | 0 | 220806 | 0 | 0 | 0 |
| Rick N Whitfield | |||||||||||||
| 366664 | 0 | 95000 | 0 | 2964 | 0 | 22050 | 0 | 21087 | 0 | 507765 | 0 | 0 | 0 |
| Toby R Winer | |||||||||||||
| 243698 | 0 | 0 | 0 | 264 | 0 | 21971 | 0 | 5890 | 0 | 271823 | 0 | 0 | 0 |
| Joseph R Baczko | |||||||||||||
| 295614 | 0 | 0 | 0 | 48000 | 0 | 0 | 0 | 19958 | 0 | 363572 | 0 | 0 | 0 |
| Harriet R Feldman | |||||||||||||
| 259553 | 0 | 0 | 0 | 396 | 0 | 21000 | 0 | 22125 | 0 | 303074 | 0 | 0 | 0 |
| Nira Herrmann | |||||||||||||
| 223800 | 0 | 0 | 0 | 1146 | 0 | 20317 | 0 | 4083 | 0 | 249346 | 0 | 0 | 0 |
| Steven L Johnson | |||||||||||||
| 168818 | 0 | 0 | 0 | 0 | 0 | 15408 | 0 | 10780 | 0 | 195006 | 0 | 0 | 0 |
| Constance A Knapp | |||||||||||||
| 155349 | 0 | 0 | 0 | 396 | 0 | 12896 | 0 | 9637 | 0 | 178278 | 0 | 0 | 0 |
| Michelle S Simon | |||||||||||||
| 319550 | 0 | 0 | 0 | 894 | 0 | 29400 | 0 | 6263 | 0 | 356107 | 0 | 0 | 0 |
| Steven H Goldberg | |||||||||||||
| 216498 | 0 | 0 | 0 | 768 | 0 | 24295 | 0 | 20412 | 0 | 261973 | 0 | 0 | 0 |
| John R Nolon | |||||||||||||
| 288971 | 0 | 0 | 0 | 768 | 0 | 29400 | 0 | 14983 | 0 | 334122 | 0 | 0 | 0 |
| Nicholas A Robinson | |||||||||||||
| 221266 | 0 | 0 | 0 | 396 | 0 | 27094 | 0 | 14869 | 0 | 263625 | 0 | 0 | 0 |
| Michael Szenberg | |||||||||||||
| 244728 | 0 | 0 | 0 | 1986 | 0 | 25025 | 0 | 3335 | 0 | 275074 | 0 | 0 | 0 |
| David A Caputo | |||||||||||||
| 220957 | 0 | 0 | 0 | 768 | 0 | 11289 | 0 | 13694 | 0 | 246708 | 0 | 0 | 0 |
| Joseph C Morreale | |||||||||||||
| 204614 | 0 | 0 | 0 | 1482 | 0 | 20459 | 0 | 19656 | 0 | 246211 | 0 | 0 | 0 |
| STEPHEN A GRAHAM | |||||||||||||
| 155310 | 0 | 0 | 0 | 31 | 0 | 14578 | 0 | 20485 | 0 | 190404 | 0 | 0 | 0 |
| RONALD A NAHUM | |||||||||||||
| 183429 | 0 | 0 | 0 | 98958 | 0 | 21395 | 0 | 3080 | 0 | 306862 | 0 | 0 | 0 |
| JEFFREY MILLER | |||||||||||||
| 217857 | 0 | 0 | 0 | 6144 | 0 | 25020 | 0 | 8889 | 0 | 257910 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Trustees Joseph F. Ryan and Ivor A. Whitson | PART VII AND SCHEDULE J | COMPENSATION TO TRUSTEES JOSEPH F. RYAN AND IVOR A. WHITSON IS BASED UPON THE FACULTY POSITIONS THEY HELD AT PACE UNIVERSITY DURING THEIR TERM AS UNIVERSITY TRUSTEES AND IS NOT RELATED TO THEIR ROLE AS TRUSTEES. TRUSTEE IVOR A. WHITSON TERM AS TRUSTEE ENDED MAY 2010. THE AVERAGE HOURS PER WEEK DISCLOSED ARE FOR THEIR ROLE AS TRUSTEES. |
| DAVID A. CAPUTO, FORMER PRESIDENT | PART VII AND SCHEDULE J | Dr. Caputo retired from his position as University's President effective June 3, 2007. The amounts disclosed represent Dr. Caputo's regular compensation during Calendar 2009 as full time faculty. |
| JOSEPH C. MORREALE, FORMER PROVOST AND EVP OF ACADEMIC AFFAIRS | PART VII AND SCHEDULE J | Dr. Morreale separated from his position as Provost and EVP of Academic Affairs effective January 15, 2007. The amounts represent Dr. Morreale's regular compensation during Calendar 2009 as full time faculty. |
| Robert C. Almon, Executive Vice President Finance and Planning and CFO | PART VII AND SCHEDULE J | Hired as University's Executive Vice President Finance and Planning and CFO effective May 10, 2010. Therefore the schedule does not reflect any compensation for Mr. Almon. |
| Rick N. Whitfield,Executive Vice President Finance and Planning and CFO | PART VII AND SCHEDULE J | Separated from his position as University's Executive Vice President Finance and Planning and CFO effective May 31, 2010. |
| HOUSING ALLOWANCE, SOCIAL CLUB DUES AND CHAUFFEUR SERVICES | SCHEDULE J, PART I, LINE 1B | Housing allowances are provided to officers in accordance with individual employment contracts and are treated as taxable compensation to the respective officer. Chauffeur services are provided per employment contracts for University business; any personal travel expenses are treated as taxable compensation to the respective officer. Social club dues are paid in accordance with individual employment contracts or business considerations. |
| NON-FIXED PAYMENTS | SCHEDULE J, PART I, LINE 7 | Certain officers earned non-fixed payments either based on successful completion of individual/divisional/university wide strategic and operational goals or based on taking on additional responsibilities or roles. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DORMITORY AUTHORITY OF THE STATE OF NY (DASNY) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 146000293 | IssuerEIN |
| CUSIP Number | 64983QFF1 | CUSIPNumber |
| Date Issued | 2005-06-01 | DateIssued |
| Issue Price | 73975000 | IssuePrice |
| Description Of Purpose | REPAYMENT OF DASNY SER 1997 & 2000 | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 73975000 | TotalProceeds |
| Amount In Reserve Fund | 3526998 | AmountInReserveFund |
| Amount Defeased | 66765561 | AmountDefeased |
| Amount Unspent | 0 | AmountUnspent |
| Issuance Costs From Proceeds | 891582 | IssuanceCostsFromProceeds |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 0 | CapitalExpenditures |
| Year Of Subst Completion | 2005 | YearOfSubstCompletion |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | true | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | true | VariableRateIssue |
| Hedge Identified In Books And Recds | true | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERRILL LYNCH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 24.1 | TermOfHedge |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MARK SCHEPPPACE GOVT'COMMUNITY AF | |||
| SON OF PACE OFFICER | 43109 | COMPENSATION, FULL TIME STAFF | false |
| PHILIP BLESER OFFICER JP MORGAN C | |||
| TRUSTEE | 96996 | BANK AND OTHER FEES | false |
| IVAN G SEIDENBERG CHAIRMAN VERIZ | |||
| TRUSTEE | 971950 | TELECOMMUNICATION SERVICES | false |
| Antoinette D'OrazioDir Student Ser | |||
| SPOUSE OF PACE OFFICER | 58240 | COMPENSATION, FULL TIME STAFF | false |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 4 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MEMO ENTRY | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 17 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 98689 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | QUOTED PRICES | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | LUNCHEON SPONSORSHIP | 2 | 30916 | RETAIL VALUE |
| X | VARIOUS ITEMS FOR AUCTION AT FUNDRAISING EVENTS | 143 | 71100 | RETAIL VALUE |
| X | OFFICE SUPPLIES | 1 | 3708 | RETAIL VALUE |
| X | COMPUTER HARDWARE | 2 | 45335 | RETAIL VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 1 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SELLING DONATED SECURITIES | Identifier |
| Return Reference | SCHEDULE M, LINE 32A | ReturnReference |
| Explanation | The organization used a stockbroker to resell donated securities. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990 Review Process | Core Form, Part VI, Section A, Line 11A | The Form 990 is prepared by the University's Controller. It is reviewed by the University's President, Chief Financial Officer, Senior Vice President for Finance, and in-house legal counsel. A review is also performed by the University's outside tax advisors. The draft Form 990 is then presented to the Audit Committee of the Board of Trustees for approval, followed by distribution of the final copy of the Form 990 to all members of the Board of Trustees before it is filed. |
| COMPLIANCE WITH CONFLICT OF INTEREST POLICY | CORE FORM, PART VI, SECTION B, LINE 12(C) | Annual officer and key employee disclosure forms are reviewed by the Vice President of Human Resources and University Counsel. Potential officer and key employee conflicts are vetted with supervisors in consultation with the Vice President of Human Resources and University Counsel. Annual trustee disclosure forms are reviewed by University Counsel, who prepares a spreadsheet listing trustee conflicts for the board's committee on trustees. This list is used as a guide to ensure that conflicted trustees are recused from discussions and votes when appropriate. |
| PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES | CORE FORM, PART VI, SECTION B, LINE 15 | Each year, the Chair of the Board of Trustees asks the Human Resources department of the University to collect comparative presidential compensation data from the College and University Professional Association for Human Resources (CUPA-HR), as well as published 990 data from such sources as the Chronicle of Higher Education, to use in setting the annual compensation of the President of the University for the upcoming year. With respect to other University officers, each year prior comparability data from our peer institutions (12 doctoral class institutions of similar size, scope and organizational complexity, locally and nationally) is collected and summarized for review by the President. This data, which is obtained via survey, and, in some cases, via outside independent consultant, is used by the President, to propose compensation adjustments to the independent Compensation Committee of the Board of Trustees. The University's President does not take part in Board votes relating to matters involving his compensation, benefits and other terms and conditions of his employment, or participate in or attend Board discussions relating thereto, except he may provide information or respond to questions when requested to do so by the Compensation Committee. The University further has a robust performance evaluation process in place, the results of which are considered during the compensation determination process. The competitive data is also used in determining compensation offers for new hires at the executive level. Once this data is collected and presented for approval by the Compensation Committee and the Board of Trustees, documentation of the decisions and the discussions surrounding those decisions are written by the Special Assistant to the Board of Trustees and filed with the University Archivist, along with the minutes of the meetings for documentation and historical record. |
| FINANCIAL ACCOUNTS IN A FOREIGN COUNTRY | CORE FORM, PART V, LINE 4 | The University's financial holdings in a foreign country were limited to equity interests in comingled investment vehicles. Accordingly, the University was not required to file Form TD F 90-22.1 Report of Foreign Bank and Financial Accounts. |
| RELATED TAX-EXEMPT ORGANIZATIONS | SCHEDULE R, PART V | The disclosed related entities do not have separate facilities or employees. They operate out of Pace University facilities and managed by Pace University's employees. Second Century Innovations and Ideas Corporation ("SCI2") nurtures young firms and helps them survive and grow during the start up period when they are most vulnerable. SCI2 provides hands-on management assistance, access to financing and orchestrates exposure to critical business or technical support services. Pace Environmental Litigation Clinic educates law students and provide public interest legal service to not-for-profit organizations regarding environmental issues. John Jay Legal Services, Inc., provides training, supervision for law students engaged in representation of clients pursuant to Student Practice Order issued by Appellate Division, 2d Dept. |
| AVAILABILITY OF GOVERNING AND OTHER DOCUMENTS TO THE PUBLIC | CORE FORM, PART VI, SECTION C, LINE 19 | The University's financial statements and conflict of interest policy are posted on its website. Form 990 and 990-T are available upon request. The University's governing documents are not available to the public. |
| OTHER PROGRAM SERVICE ACTIVITIES | CORE FORM, PART III, LINE 4D | BELOW IS A DESCRIPTION OF OTHER SIGNIFICANT PROGRAM SERVICE ACTIVITIES: AUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES. STUDENT SERVICES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS ADMISSIONS, REGISTRATION, COUNSELING, CAREER PLANNING, SOCIAL AND CULTURAL ACTIVITIES. |
| TAX EXEMPT BONDS | SCHEDULE K | PART II AMOUNTS IN LINE 1-5 REPRESENT ORIGINAL BOND PROCEEDS. AT JUNE 30, 2010 THE OUTSTANDING BONDS BALANCE AND RESERVE FUNDS AMOUNTED TO $73,675,000 AND $3,554,616, RESPECTIVELY. ACCUMULATED INVESTMENT EARNINGS ON THE RESERVE FUNDS THROUGH JUNE 30, 2010 AMOUNTED TO $507,618. AMOUNT IN LINE 5 REPRESENTS COSTS OF ISSUANCE SUBJECT TO THE TWO PERCENT LIMIT OF CODE SECTION 147(G). PART IV, LINE 3C TERM OF HEDGE REPRESENTS ORIGINAL TERM. TERM OF HEDGE AT JUNE 30, 2010 IS 19.1 YEARS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| SECOND CENTURY INNOVATIONS AND IDEAS | |||||||||
| 163 WILLIAM STREET 3RD FLOOR | NEW YORK | NY | 10038 | 571191089 | INCUBATOR | NY | 501(C)(3) | 7 | NA |
| PACE ENVIRONMENTAL LITIGATION CLINIC | |||||||||
| 78 NORTH BROADWAY | WHITE PLAINS | NY | 10603 | 133709483 | EDUCATION | NY | 501(C)(3) | 11(A) | NA |
| JOHN JAY LEGAL SERVICES INC | |||||||||
| 80 NORTH BROADWAY | WHITE PLAINS | NY | 10603 | 133403308 | EDUCATION | NY | 501(C)(3) | 11(A) | NA |
| 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 | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| SECOND CENTURY INNOVATIONS AND IDEAS | |
| SHARE | 0 |
| PACE ENVIRONMENTAL LITIGATION CLINIC | |
| SHARE | 0 |
| JOHN JAY LEGAL SERVICES INC | |
| SHARE | 0 |
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