HODGES UNIVERSITY INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- HODGES UNIVERSITY INC (EIN 59-6605703)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-16
- IRS object ID
- 201121369349302092
- 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 | 2011-05-16T13:29:19-05:00 | 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 | LARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 SOUTH SIXTH STREET SUITE 300 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | 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 | 596605703 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HODGES UNIVERSITY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HODG | NameControl |
| Phone | 8004668017 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2655 NORTHBROOKE DRIVE | AddressLine1 |
| City | NAPLES | City |
| State | FL | State |
| ZIP Code | 34119 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RANDY ELDRIDGE | Name |
| Title | VICE PRESIDENT - FINANCE | Title |
| Phone | 8004668017 | Phone |
| Date Signed | 2011-05-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6123764500 | 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 | TERRY MCMAHAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2655 NORTHBROOKE DRIVE | AddressLine1 |
| City | NAPLES | City |
| State | FL | State |
| ZIP Code | 34119 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 37605967 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.HODGES.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1990 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | DEGREE PROGRAMS TO ENHANCE THE ABILITY OF STUDENTS TO ACHIEVE LIFE OR CAREER OBJECTIVES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 418 | TotalNbrEmployees |
| Total Nbr Volunteers | 175 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 549869 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 616625 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 25418533 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 35923436 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 60088 | InvestmentIncomePriorYear |
| Investment Income Current Year | -192072 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -84332 | OtherRevenuePriorYear |
| Other Revenue Current Year | 133582 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 25944158 | TotalRevenuePriorYear |
| Total Revenue Current Year | 36481571 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 3148078 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 14382586 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 16210814 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 28189 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 60000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 547372 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7763825 | OtherExpensePriorYear |
| Other Expenses Current Year | 8984300 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 22174600 | TotalExpensesPriorYear |
| Total Expenses Current Year | 28403192 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3769558 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 8078379 | RevenuesLessExpensesCY |
| Total Assets BOY | 43254588 | TotalAssetsBOY |
| Total Assets EOY | 52427767 | TotalAssetsEOY |
| Total Liabilities BOY | 22354122 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 23594643 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 20900466 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 28833124 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF HODGES UNIVERSITY IS TO OFFER ASSOCIATE, BACCALAUREATE AND GRADUATE DEGREES AS WELL AS OTHER PROGRAMS WHICH ENHANCE THE ABILITY OF STUDENTS TO ACHIEVE LIFE OR CAREER OBJECTIVES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 23232919 | Expense |
| Grants | 3112313 | Grants |
| Revenue | 36060490 | Revenue |
| Description | Hodges University is Regionally accredited and awards Associate, Bachelor's and Master's degrees. The University has approximately 3,000 students on campuses in Naples and Fort Myers, Florida. The Programs of the University are as follows: 12 associate degrees 11 bachelor's degrees 9 graduate degrees 21 online degrees English as a second language Lifelong learning classes at the Frances Pew Hayes Center for Lifelong Learning Schools: Johnson School of Business School of Allied Health Nichols School of Professional Studies School of Technology Providing students with programs that prepare them for careers, Hodges University believes in flexible class scheduling, allowing students to attend weekly classes that suit their busy lifestyles. The University also meets the needs of today's students by offering a wide variety of academic delivery methods and student services, both on campus and in the distance education arena. | Description |
| Total Program Service Expense | 23232919 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 15 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 418 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RANDY L ELDRIDGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8004668017 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2655 NORTHBROOKE DRIVE | AddressLine1 |
| City | NAPLES | City |
| State | FL | State |
| ZIP Code | 34119 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| JOHN J AGNELLI | ||||||||
| CHAIR | 5.00 | X | X | 0 | 0 | 0 | ||
| KEITH ARNOLD | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| DR JOSEPH DONAHUE | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| TODD GATES | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| JAMES HUMPHREY | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| TERRENCE IGO | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| LESLIE KING | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| GERARD A MCHALE JR | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| KATHLEEN PASSIDOMO | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| MICHAEL PROLETTI | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| JAMES STAMPER | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| SANDRA STILLWELL | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| TERRY MCMAHAN | ||||||||
| PRESIDENT | 40.00 | X | 1833102 | 0 | 5400 | |||
| JEANETTE BROCK | ||||||||
| SECRETARY | 40.00 | X | 1186450 | 0 | 0 | |||
| JOHN W WHITE | ||||||||
| TREASURER | 40.00 | X | 225966 | 0 | 150738 | |||
| LOUIS TRAINA | ||||||||
| VP OF ADVANCEMENT | 40.00 | X | 178546 | 0 | 15649 | |||
| FREDERICK NERONE | ||||||||
| DEAN | 40.00 | 167600 | 0 | 15370 | X | |||
| NANCY WYANT | ||||||||
| MANAGEMENT PROGRAM CHAIR | 40.00 | 152628 | 0 | 14904 | X | |||
| GEORGE BOWMAN | ||||||||
| VICE PRESIDENT | 40.00 | 124007 | 0 | 12969 | X | |||
| RITA LAMPUS | ||||||||
| VICE PRESIDENT | 40.00 | 116802 | 0 | 12339 | X | |||
| CAROL MORRISON | ||||||||
| VICE PRESIDENT | 40.00 | 118277 | 0 | 12285 | X | |||
| DAVID RICE | ||||||||
| VICE PRESIDENT | 40.00 | 145340 | 0 | 8940 | X | |||
| JOHN MEYER | ||||||||
| PROFESSOR | 40.00 | 115536 | 0 | 12401 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4364254 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 260995 | TotalOtherCompensation |
| Number Individuals GT100 K | 16 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 192012 | FundraisingEvents |
| All Other Contributions | 424613 | AllOtherContributions |
| Total Contributions | 616625 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION AND FEES | Description |
| Business Code | 611600 | BusinessCode |
| Total Revenue Column | 35923436 | TotalRevenueColumn |
| Related Or Exempt Function Income | 35923436 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 35923436 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 42447 | TotalRevenueColumn |
| Exclusion | $42,447 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 420389 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 401142 | Securities |
| Other | 253766 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 19247 | Securities |
| Other | -253766 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -234519 | TotalRevenueColumn |
| Exclusion | -$234,519 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 159246 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 192012 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 162718 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -3472 | TotalRevenueColumn |
| Exclusion | -$3,472 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 443824 | GrossSalesOfInventory |
| Cost Of Goods Sold | 306770 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 137054 | TotalRevenueColumn |
| Related Or Exempt Function Income | 137054 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 36481571 | TotalRevenueColumn |
| Related Or Exempt Function Income | 36060490 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$195,544 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35765 | Total |
| Program Services | 35765 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3112313 | Total |
| Program Services | 3112313 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1228955 | Total |
| Program Services | 342878 | ProgramServices |
| Management And General | 886077 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11931302 | Total |
| Program Services | 10583974 | ProgramServices |
| Management And General | 1010029 | ManagementAndGeneral |
| Fundraising | 337299 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1226816 | Total |
| Program Services | 1152755 | ProgramServices |
| Management And General | 54345 | ManagementAndGeneral |
| Fundraising | 19716 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 876975 | Total |
| Program Services | 865966 | ProgramServices |
| Management And General | 9409 | ManagementAndGeneral |
| Fundraising | 1600 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 946766 | Total |
| Program Services | 808926 | ProgramServices |
| Management And General | 117083 | ManagementAndGeneral |
| Fundraising | 20757 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29912 | Total |
| Management And General | 29912 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32400 | Total |
| Management And General | 32400 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30000 | Total |
| Management And General | 30000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60000 | Total |
| Fundraising | 60000 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 355752 | Total |
| Program Services | 88405 | ProgramServices |
| Management And General | 263198 | ManagementAndGeneral |
| Fundraising | 4149 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 928318 | Total |
| Program Services | 920144 | ProgramServices |
| Management And General | 6844 | ManagementAndGeneral |
| Fundraising | 1330 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 919263 | Total |
| Program Services | 717671 | ProgramServices |
| Management And General | 163140 | ManagementAndGeneral |
| Fundraising | 38452 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1346671 | Total |
| Program Services | 548671 | ProgramServices |
| Management And General | 798000 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 996735 | Total |
| Program Services | 996735 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 505844 | Total |
| Program Services | 240280 | ProgramServices |
| Management And General | 222385 | ManagementAndGeneral |
| Fundraising | 43179 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 177560 | Total |
| Program Services | 124193 | ProgramServices |
| Management And General | 39529 | ManagementAndGeneral |
| Fundraising | 13838 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 315563 | Total |
| Program Services | 315563 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1568740 | Total |
| Program Services | 1568740 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 244533 | Total |
| Program Services | 223413 | ProgramServices |
| Management And General | 21120 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| EQUIPMENT RENTAL/MAINT | 606914 | 143228 | 463686 | |
| BAD DEBT EXPENSE | 397074 | 397074 | ||
| LIBRARY RESOURCES | 243339 | 243339 | ||
| DUES AND SUBSCRIPTIONS | 146068 | 60315 | 78648 | 7105 |
| GRADUATION EXPENSES | 96166 | 96166 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43448 | Total |
| Program Services | 43479 | ProgramServices |
| Management And General | 22 | ManagementAndGeneral |
| Fundraising | -53 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28403192 | Total |
| Program Services | 23232919 | ProgramServices |
| Management And General | 4622901 | ManagementAndGeneral |
| Fundraising | 547372 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 228805 | BOY |
| EOY | 2309640 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9827350 | BOY |
| EOY | 13178525 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5819313 | BOY |
| EOY | 5645897 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1271050 | BOY |
| EOY | 781299 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 94877 | BOY |
| EOY | 88708 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120123 | BOY |
| EOY | 529241 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 37385804 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 9043425 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25724649 | BOY |
| EOY | 28342379 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 94217 | BOY |
| EOY | 1482481 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74204 | BOY |
| EOY | 69597 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43254588 | BOY |
| EOY | 52427767 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1844743 | BOY |
| EOY | 2970736 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3716460 | BOY |
| EOY | 4974550 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16255000 | BOY |
| EOY | 15485000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 537919 | BOY |
| EOY | 164357 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22354122 | BOY |
| EOY | 23594643 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14937186 | BOY |
| EOY | 23000180 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5963280 | BOY |
| EOY | 5832944 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20900466 | BOY |
| EOY | 28833124 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43254588 | BOY |
| EOY | 52427767 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
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) |
|---|---|---|
| Political Expenditures | 0 | PoliticalExpenditures |
| Volunteer Hours | 0 | VolunteerHours |
| Amt Of4955 Tax | 0 | AmtOf4955Tax |
| Amt Of4955 Tax On Managers | 0 | AmtOf4955TaxOnManagers |
| Amt Expended For527 Activities | 0 | AmtExpendedFor527Activities |
| Amt Of Internal Funds Contributed | 0 | AmtOfInternalFundsContributed |
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $36,000 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 36000 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part IV, Supplemental Information: | Identifier |
| Explanation | A FEE OF $30,000 WAS PAID TO A MANAGEMENT CONSULTING FIRM TO SUPPORT THE INTERESTS OF THE UNIVERSITY; NO MONIES WERE PAID IN SUPPORT OF OR IN OPPOSITION TO ANY CANDIDATE FOR POLITICAL OFFICE. | Explanation |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7950853 | OtherCostOrOtherBasis |
| Book Value | 7950853 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18232004 | OtherCostOrOtherBasis |
| Depreciation | 2721474 | Depreciation |
| Book Value | 15510530 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2026504 | OtherCostOrOtherBasis |
| Depreciation | 127596 | Depreciation |
| Book Value | 1898908 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6603796 | OtherCostOrOtherBasis |
| Depreciation | 3829882 | Depreciation |
| Book Value | 2773914 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2572647 | OtherCostOrOtherBasis |
| Depreciation | 2364473 | Depreciation |
| Book Value | 208174 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 28342379 | TotalOfBookValueLandBuildings |
| Total Revenue | 36481571 | TotalRevenue |
| Total Expenses | 28403192 | TotalExpenses |
| Excess Or Deficit For Year | 8078379 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 7191 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | -318261 | PriorPeriodAdjustments |
| Other | $165,349 | OtherAmount |
| Total Adjustments | -145721 | TotalAdjustments |
| Excess Or Deficit Per FS | 7932658 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 33845937 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 7191 | NetUnrealizedGainsInvestments |
| Other Revenues | 469488 | OtherRevenues |
| Revenue Not Rptd F990 | 476679 | RevenueNotRptdF990 |
| Revenue Subtotal | 33369258 | RevenueSubtotal |
| Other Revenues Not Included | 3112313 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3112313 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 36481571 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 25760367 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 469488 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 469488 | ExpensesNotRptdF990 |
| Expenses Subtotal | 25290879 | ExpensesSubtotal |
| Other Expenses Not Included | 3112313 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3112313 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 28403192 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part XI, Line 8 - Other Adjustments: | CHANGE IN VALUE OF DEFINED BENEFIT EXECUTIVE RETIREMENT PLAN: 90274. INTEREST RATE SWAP ADJUSTMENT: 75075. |
| Part XII, Line 2d - Other Adjustments: | COST OF GOODS SOLD: 306770. SPECIAL EVENT EXPENSES: 162718. |
| Part XII, Line 4b - Other Adjustments: | INSTITUTIONAL AID: 3112313. |
| Part XIII, Line 2d - Other Adjustments: | COST OF GOODS SOLD: 306770. SPECIAL EVENT EXPENSES: 162718. |
| Part XIII, Line 4b - Other Adjustments: | INSTITUTIONAL AID: 3112313. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | THE UNIVERSITY'S POLICY STATEMENT IS INCLUDED IN ITS MESSAGE TO THE PUBLIC: HODGES UNIVERSITY, AS AN OPEN, CREATIVE AND COMMUNITY-CONSCIOUS EDUCATIONAL INSTITUTION, MUST FULFILL ITS MISSION IN THE CLIMATE OF A CHANGING WORLD. THAT EACH STUDENT, AS A UNIQUE PERSON, DESERVES A PROGRAM OF STUDIES AND VARIED EXPERIENCES FOR PERSONAL GROWTH WITHOUT REGARD TO RACE, COLOR, GENDER, SEXUAL ORIENTATION, RELIGION, CREED, NATIONAL ORIGIN, POLITICAL OPINIONS OR AFFILIATIONS, DISABLED VETERAN STATUS, DISABILITY, OR AGE AS PROVIDED BY LAW AND IN ACCORDANCE WITH THE UNIVERSITY'S RESPECT FOR PERSONAL DIGNITY. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | HODGES UNIVERSITY, INC. PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED THROUGH THESE PROGRAMS ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. SOME PROGRAMS PROVIDE A SMALL ADMINISTRATIVE ALLOWANCE FOR THE INSTITUTION. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| 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 | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | WILLIAM MERWIN | NameOfIndividual |
| Activity | PLANNED GIVING | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 60000 | AmountRetainedByContractor |
| Net To Organization | -60000 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 60000 | TotalRetainedByContractors |
| Total Net To Organization | -60000 | TotalNetToOrganization |
| Licensed States | FL | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF TOURNAMENT | NameOfEvent1 |
| Gross Receipts Event1 | 183830 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 114646 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 69184 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 1600 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 28236 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 29637 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 300 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 9411 | OtherDirectExpensesEvent1 |
| Name Of Event2 | HUMANITARIAN LUNCH | NameOfEvent2 |
| Gross Receipts Event2 | 137438 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 73090 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 64348 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 0 | CashPrizesEvent2 |
| Non Cash Prizes Event2 | 0 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 0 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 36635 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 0 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 31185 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 29990 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 4276 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 25714 | GrossRevenueOtherEvents |
| Cash Prizes Other Events | 0 | CashPrizesOtherEvents |
| Non Cash Prizes Other Events | 0 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 1942 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 5954 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 17818 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 351258 | GrossReceiptsTotal |
| Charitable Contributions Total | 192012 | CharitableContributionsTotal |
| Gross Revenue Total Events | 159246 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 1600 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 30178 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 72226 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 300 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 58414 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 162718 | DirectExpenseSummaryEvents |
| Net Income Summary | -3472 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN NATIONAL RED CROSS COLLIER OCOUNTY CHAPTER | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2610 NORTHBROOKE PLAZA DR | AddressLine1 |
| City | NAPLES | City |
| State | FL | State |
| ZIP Code | 34119 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 591420958 | EINOfRecipient |
| IRC Section | 501(c)(3) | IRCSection |
| Amount Of Cash Grant | 11845 | AmountOfCashGrant |
| Purpose Of Grant | HAITI EARTHQUAKE RELIEF | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | INSTITUTIONAL AID | TypeOfGrant |
| Number Of Recipients | 2064 | NumberOfRecipients |
| Amount Of Cash Grant | 3112313 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | N/A | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TERRY MCMAHAN | |||||||||||||
| 267582 | 0 | 0 | 0 | 1565520 | 0 | 0 | 0 | 5400 | 0 | 1838502 | 0 | 1115542 | 0 |
| JEANETTE BROCK | |||||||||||||
| 225000 | 0 | 0 | 0 | 961450 | 0 | 0 | 0 | 0 | 0 | 1186450 | 0 | 622906 | 0 |
| JOHN W WHITE | |||||||||||||
| 225966 | 0 | 0 | 0 | 0 | 0 | 145338 | 0 | 5400 | 0 | 376704 | 0 | 0 | 0 |
| LOUIS TRAINA | |||||||||||||
| 172546 | 0 | 0 | 0 | 6000 | 0 | 10249 | 0 | 5400 | 0 | 194195 | 0 | 0 | 0 |
| FREDERICK NERONE | |||||||||||||
| 167600 | 0 | 0 | 0 | 0 | 0 | 9970 | 0 | 5400 | 0 | 182970 | 0 | 0 | 0 |
| NANCY WYANT | |||||||||||||
| 152628 | 0 | 0 | 0 | 0 | 0 | 9504 | 0 | 5400 | 0 | 167532 | 0 | 0 | 0 |
| DAVID RICE | |||||||||||||
| 145340 | 0 | 0 | 0 | 0 | 0 | 8940 | 0 | 0 | 0 | 154280 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part I, Line 4a | TERRY P. MCMAHAN - CONTRIBUTION TO A 457(F) NON-QUALIFIED EXECUTIVE RETIREMENT PLAN - $195,338. THE AMOUNT REPORTED ON SCHEDULE J COLUMN B(III) IS THE AMOUNT WHICH BECAME TAXABLE TO THE INDIVIDUAL IN 2009. JEANETTE BROCK - CONTRIBUTION TO 457(F) NON-QUALIFIED EXECUTIVE RETIREMENT PLAN - $104,786. THE AMOUNT REPORTED ON SCHEDULE J COLUMN B(III) IS THE AMOUNT WHICH BECAME TAXABLE TO THE INDIVIDUAL IN 2009. JOHN H. WHITE - CONTRIBUTION TO A 457(F) NON-QUALIFIED EXECUTIVE RETIREMENT PLAN - $145,338. THE AMOUNT REPORTED ON SCHEDULE J COLUMN C IS NOT TAXABLE TO THE INDIVIDUAL IN 2009. | |
| Part III | THE UNIVERSITY ESTABLISHED A DEFINED BENEFIT EXECUTIVE RETIREMENT PLAN FOR THREE KEY EXECUTIVES ON JULY 1, 2003. THE PLAN CALLS FOR AN ACCUMULATION OF 3% PER YEAR OF SERVICE UP TO A MAXIMUM OF 75%. THAT PERCENTAGE IS THEN APPLIED TO THE AVERAGE OF THE MOST RECENT FIVE YEARS' SALARY FOR EACH PARTICIPANT, FACTORED THROUGH AN ACTUARIAL COMPUTATION BASED ON A STANDARD MORTALITY TABLE. THE PLAN IS A NONQUALIFIED DEFERRED COMPENSATION PLAN, COVERED BY IRC SECTION 457(F) FOR TAX EXEMPT ENTITIES. PARTICIPANTS BECOME VESTED IN THE PLAN UPON SEPARATION FROM SERVICE ON OR AFTER REACHING NORMAL RETIREMENT AGE (AGE 60), OR THROUGH OTHER EVENTS ASSOCIATED WITH DEATH OR DISABILITY. UNDER SECTION 457(F), THE COMPENSATION CAN ONLY BE DEFERRED AS LONG AS THE BENEFIT IS SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE. THE UNIVERSITY HAS INTERPRETED THIS TO MEAN THAT THE PARTICIPANTS MUST BE TAXED ON THE BENEFIT ACCRUED ON THEIR 60TH BIRTHDAYS, AS WELL AS ANNUALLY FOR ANY ADDITIONAL ACCRUED BENEFIT, EVEN THOUGH THE BENEFITS WILL NOT BE DISTRIBUTED UNTIL AFTER THE PARTICIPANTS RETIRE. THE PLAN CONTAINS A PROVISION THAT ALLOWS THE UNIVERSITY TO ADVANCE THE TAXES DUE IN THESE CIRCUMSTANCES. SUCH TAXES ADVANCED REDUCE THE REMAINING LIABILITY TO BE PAID TO THE PARTICIPANTS. ALTHOUGH THE PLAN ITSELF IS UNFUNDED, THE UNIVERSITY ALSO ESTABLISHED AN EXECUTIVE RETIREMENT TRUST IN 2003 TO ACCUMULATE FUNDS THROUGH LIFE INSURANCE POLICIES FOR ALL THREE PARTICIPANTS. THE ANNUAL CONTRIBUTION TO THE INSURANCE POLICIES IS DETERMINED BY ACTUARIAL COMPUTATION WHICH WILL ACCUMULATE TO A CASH VALUE APPROXIMATING THE PROJECTED RETIREMENT LIABILITY FOR EACH PARTICIPANT. THE BENEFICIARY OF THE LIFE INSURANCE POLICIES IS THE EXECUTIVE RETIREMENT TRUST. NONE OF THE AMOUNTS RELATED TO THE EXECUTIVE RETIREMENT PLAN WHICH ARE REQUIRED TO BE REPORTED IN FORM 990, PART VII AND SCHEDULE J, PART II HAVE BEEN DISBURSED TO THE PARTICIPANTS, NOR ARE THE AMOUNTS AVAILABLE TO THE PARTICIPANTS UNTIL THEY RETIRE. SCHEDULE J COLUMN F DETAILS THE PORTION OF THE AMOUNTS REPORTED IN COLUMN C THAT WAS REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS' FORM 990S. | Supplemental Information |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLIER CTY ED FAC AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 650915682 | IssuerEIN |
| CUSIP Number | 19463TAA4 | CUSIPNumber |
| Date Issued | 2004-04-21 | DateIssued |
| Issue Price | 19245000 | IssuePrice |
| Description Of Purpose | REFUND OLD BONDS AND FINANCE NEW LAND & BUILING | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 19245000 | TotalProceeds |
| Issuance Costs From Proceeds | 494100 | IssuanceCostsFromProceeds |
| Capital Expenditures | 14076560 | CapitalExpenditures |
| Year Of Subst Completion | 2005 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 1 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIFTH THIRD BANK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 7.000000000000 | TermOfHedge |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 1 | THE UNIVERSITY'S EXECUTIVE COMMITTEE CONSISTS OF NOT LESS THAN THREE BUT NOT MORE THAN SIX MEMBERS OF THE BOARD OF TRUSTEES INCLUDING ONE OFFICER THAT IS APPOINTED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE FULL BOARD OF TRUSTEES BETWEEN MEETINGS WITH ANY ACTIONS UNDERTAKEN TO BE RATIFIED BY THE FULL BOARD AT THE NEXT REGULARLY SCHEDULED MEETING. |
| Form 990, Part VI, Section B, line 11 | Management will undertake a comprehensive review of the Form 990 and its schedules immediately upon its completion, and will address all of its questions and concerns with the preparer. University policy provides for the provision of a copy of the completed return to all members of the Governing Board in advance of filing. However, the Governing Board has authorized Management to file the return in advance of its distribution to all members, should circumstances dictate that necessity. In such a case, the return will be distributed to all members of the Governing Board as quickly after filing as possible, with the Board acting formally to accept the return not later than its next scheduled meeting. |
| Form 990, Part VI, Section B, line 12c | ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT ANNUAL DISCLOSURE STATEMENTS. THE STATEMENTS ARE REVIEWED BY THE SENIOR MANAGEMENT AND THE INDEPENDENT AUDITOR TO DETERMINE IF ANY RELATIONSHIPS NEED TO BE DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS OR THE FORM 990. IN CASE OF ANY POTENTIAL REAL OR PERCEIVED CONFLICT OF INTEREST, AFFILIATED PERSONS ARE EXPECTED TO DISCLOSE THE CONFLICT IN ADVANCE. ONCE SUCH A DISCLOSURE HAS BEEN MADE, THE CHAIRMAN OF THE BOARD OF TRUSTEES SHALL DETERMINE WHETHER OR NOT THERE IS A POTENTIAL CONFLICT OF INTEREST. IF IT IS DETERMINED THAT THERE IS A POTENTIAL CONFLICT OF INTEREST, THE AFFILIATED PERSON INVOLVED SHALL ABSTAIN FROM VOTING AND SHALL NOT PARTICIPATE IN THE DISCUSSION OF THE MATTER AT ISSUE EXCEPT TO STATE BRIEFLY HIS OR HER POSITION IN THE MATTER AND TO ANSWER SPECIFIC QUESTIONS. THIS ABSTENTION SHALL BE REFLECTED IN THE MEETING MINUTES. |
| Form 990, Part VI, Section B, line 15 | THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES COMPENSATION FOR THE PRESIDENT (CEO), THE SECRETARY AND THE TREASURER. THE COMMITTEE CONSIDERS COMPARABILITY DATA AMONG MANY OTHER FACTORS TO DETERMINE THE APPROPRIATE COMPENSATION. MINUTES ARE PRODUCED AT EACH MEETING OF THE COMMITTEE AND THEIR RECOMMENDATIONS MUST BE APPROVED BY THE FULL BOARD OF TRUSTEES. THE LAST REVIEW AND APPROVAL OF COMPENSATION WAS DONE IN 2010. |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HODGES UNIVERSITY FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2655 NORTHBROOKE DRIVE | AddressLine1 |
| City | NAPLES | City |
| State | FL | State |
| ZIP Code | 34119 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 651176465 | EIN |
| Primary Activities | RAISE & INVEST ENDOWMENT FUNDS | PrimaryActivities |
| Legal Domicile State | FL | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | Line 11b, II | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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