2011-02-14T12:18:00-06:00 2010-06-30 LBA Certified Public Accountants PA 501 RIVERSIDE AVENUE SUITE 800 JACKSONVILLE FL 322024939 990 2009-07-01 590624412 JACKSONVILLE UNIVERSITY JACK 9042567082 2800 UNIVERSITY BOULEVARD NORTH JACKSONVILLE FL 32211 GEORGE SCADUTO 9042567082 2011-02-14 1 9043964015 2009 2016-02-24 21:20:13Z DR KERRY ROMESBURG 2800 UNIVERSITY BOULEVARD NORTH JACKSONVILLE FL 32211 99247972 0 X WWW.JU.EDU X 1934 FL THE MISSION OF JACKSONVILLE UNIVERSITY IS TO PREPARE EACH STUDENT FOR LIFE-LONG LEARNING, ACHIEVING, LEADING, AND SERVING. 36 36 1375 0 0 0 8704963 13505905 71134170 79178930 -4409576 517297 3386160 2990544 78815717 96192676 28336667 34877774 0 28156026 28366516 0 1772345 40879113 30925418 97371806 94169708 -18556089 2022968 168543716 179074157 91081757 94632094 77461959 84442063 OUR MISSION IS TO PREPARE STUDENTS FOR LIFE-LONG SUCCESS IN LEARNING, ACHIEVING, LEADING, AND SERVING. WE ACCOMPLISH THIS MISSION IN A SMALL, COMPREHENSIVE, INDEPENDENT UNIVERSITY COMMUNITY LOCATED WITHIN A VIBRANT METROPOLITAN SETTING. THE UNIVERSITY SERVES AN ETHNICALLY AND GEOGRAPHICALLY DIVERSE, PREDOMINANTLY UNDERGRADUATE STUDENT BODY, AS WELL AS ADULT LEARNERS IN SELECTED UNDERGRADUATE AND GRADUATE PROGRAMS. OUR LEARNING COMMUNITY PROVIDES PERSONALIZED SERVICE, CLOSE STUDENT-FACULTY INTERACTION, AND AN EXTENSIVE ARRAY OF EDUCATIONAL AND CO-CURRICULAR PROGRAMS. WE EMPHASIZE ENGAGED LEARNING, THE INTEGRATION OF THINKING WITH DOING, AND THE COMBINATION OF PROFESSIONAL PREPARATION WITH A STRONG LIBERAL ARTS FOUNDATION. 0 0 75091110 34877774 82169474 PROVIDING ACCREDITED POST SECONDARY EDUCATIONAL SERVICES TO APPROXIMATELY 3,400 STUDENTS. GRANTS AND SCHOLARSHIPS WERE AWARDED TO APPROXIMATELY 3,100 STUDENTS. 75091110 1 1 0 0 0 0 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 88 0 1 1375 1 0 0 0 0 0 0 0 0 0 36 36 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X GEORGE SCADUTO 9042567082 2800 UNIVERSITY BOULEVARD NORTH JACKSONVILLE FL 32211 ADRIENNE CONRAD 1.00 X 0 0 0 ANNE P NIMNICHT 1.00 X 0 0 0 BRIAN WILLIAM DUDLEY 1.00 X 0 0 0 BRUCE KERN 1.00 X 0 0 0 CAROLYN MUNRO WILSON 1.00 X 0 0 0 CHARLES JO WODEHOUSE 1.00 X 0 0 0 CYRUS M JOLLIVETTE 1.00 X 0 0 0 F ANDREW MORAN 1.00 X 0 0 0 FRANK PACE 1.00 X 0 0 0 FRED G PRUITT 1.00 X 0 0 0 GIL POMAR JR 1.00 X 0 0 0 HW SHAD MBA CPA 1.00 X 0 0 0 HENRY J KEIGWIN 1.00 X 0 0 0 J PHILLIP GARCIA FACS 1.00 X 0 0 0 JOHN G HARRISON 1.00 X 0 0 0 KEITH WATSON 1.00 X 0 0 0 KEVIN F DELANEY RADM USN RET 1.00 X 0 0 0 L BUCK FOWLER 1.00 X 0 0 0 LINDA BERRY STEIN 1.00 X 0 0 0 LISA STRANGE WEATHERBY CIMA CIS 1.00 X 0 0 0 MARGARET BLACK-SCOTT 1.00 X 0 0 0 MARY VIRGINIA TERRY 1.00 X 0 0 0 MATTHEW KANE 1.00 X 0 0 0 MICHAEL CASCONE JR 1.00 X 0 0 0 MICHAEL HOWLAND 1.00 X 0 0 0 MICHAEL J MCKENNY 1.00 X 0 0 0 RAYMOND K MASON JR 1.00 X 0 0 0 RONALD A AUTREY 1.00 X 0 0 0 TERRY L WILCOX 1.00 X 0 0 0 TIMOTHY D PAYNE 1.00 X 0 0 0 TIMOTHY P COST 1.00 X 0 0 0 VICTORIA M MUSSALLEM 1.00 X 0 0 0 WALTER P BUSSELLS 1.00 X 0 0 0 WAYNE A GALLOWAY 1.00 X 0 0 0 YE HALL 1.00 X 0 0 0 DEREK HALL 40.00 X 129000 0 13615 DR JOHN BALOG 40.00 X 139300 0 14108 DR KERRY ROMESBURG 40.00 X 445937 0 65050 DR LOIS BECKER 40.00 X 191400 0 19558 GEORGE SCADUTO 40.00 X 175600 0 11824 GRADY JONES 40.00 X 126500 0 11814 KIM HERNANDEZ 40.00 X 76256 0 9338 TERRY WHITTUM 40.00 X 180000 0 25993 THOMAS HALL 40.00 X 128000 0 14444 C ALLEN VERLANDER JR 40.00 X 156500 0 12987 DR DIPAK CHUDASAMA 40.00 X 204545 0 15269 DR LAURANCE JERROLD 40.00 X 264097 0 21020 DR MARC AKERMAN 40.00 X 213995 0 16403 JOSEPH MCCANN 40.00 X 200000 0 33881 KERWIN BELL 40.00 X 242417 0 19119 2873547 0 304423 14 0 1 0 SODEXHO PO BOX 905374 CHARLOTTE NC 28290 FOOD SERVICE 7173403 PERRY MCCALL CONSTRUCTION INC 6262 GREENLAND RD JACKSONVILLE FL 32258 GENERAL CONTRACTOR 4155613 DELTA CONNECTION ACADEMY 855-14 ST JOHNS BLVD STE 3B JACKSONVILLE FL 32225 AIRLINE USAGE FEES-STUDENT FLIGHT TRAINI 903896 FOLLETT HIGHER EDUCATION 1818 SWIFT ROAD OAK BROOK IL 60523 BOOKSTORE 465715 THE YELLOW DOOR AGENCY LLC 12736 CORMORANT COVE LN JACKSONVILLE FL 32223 ADVERTISING 276715 5 8979748 4526157 144322 13505905 TUITION & FEES 900099 65886748 65886748 AUXILIARY ENTERPRISES 900099 13292182 13292182 79178930 758271 758271 2814322 3055296 -240974 -240974 -240974 SPONSORSHIPS & OTHER I 900099 2990544 2990544 2990544 96192676 82169474 0 517297 34877774 34877774 1947224 1947224 20396509 17756841 1637328 1002340 945411 785695 126778 32938 3103369 2506049 470855 126465 1974003 1661503 239311 73189 341617 356 341277 -16 1567129 1299443 205744 61942 1584473 1181545 343406 59522 3533226 1219752 2313375 99 1762271 1665590 59870 36811 3326892 12226 3314666 4734118 4734118 OUTSOURCED SERVICES-PHY 3907448 146428 3761020 BOARD PLAN 2783758 2783758 SPORTS EQUIPMENT & SUPP 487543 487239 304 OUTSOURCED SERVICES 476070 442428 18564 15078 STUDENT WORK AWARDS 397397 350545 22513 24339 6023476 3179820 2504018 339638 94169708 75091110 17306253 1772345 3884460 5059444 2422513 2577632 2909448 4165996 3336970 3343342 3483418 3413167 142850270 45172005 95486148 97678265 7249564 7419597 32050944 36254638 17720251 19162076 168543716 179074157 645906 1056081 2236803 4587766 63030000 63020000 25169048 25968247 91081757 94632094 X 28612868 33101102 14367952 16296893 34481139 35044068 77461959 84442063 168543716 179074157 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1757860 X X X 0 23268585 179538 2333647 116864 25664906 57696619 1241564 -13149604 22519994 23268585 1.00000 0 0 1874548 1874548 108903333 27534287 81369046 24146205 16340803 7805402 7926184 1296915 6629269 97678265 BENEFICIAL INTEREST IN TRUSTS 15792846 C MORTGAGE BACKED 1772815 F S/T INVESTMENTS 18688977 F 36254638 BOND & INTEREST SINKING FUND 5226512 COLLATERAL FOR INTEREST RATE SWAPS 12111783 PERMANENT ART COLLECTION 1757860 STAMP COLLECTION 65921 19162076 STUDENT DEPOSITS 546371 ACCRUED LIABILITIES 8337937 TRUST LIABILITIES 312393 CAPITAL LEASE OBLIGATIONS 1137392 ADVANCES FROM FED GOV'T 2349936 INTEREST RATE SWAPS 13284218 25968247 96192676 94169708 2022968 4849351 107785 4957136 6980104 71517066 4849351 9019 4858370 66658696 29533980 29533980 96192676 64536962 9019 9019 64527943 29641765 29641765 94169708 Part III, Line 1a: THE ART COLLECTION REPRESENTS HUNDREDS OF PIECES OF ART WORK, PAINTINGS, AND SCULPTURES DONATED TO THE UNIVERSITY OVER THE PAST 75 YEARS. LINE 8: TOTAL OTHER ADJUSTMENTS OF $107,785 INCLUDES ADJUSTMENT FOR CHANGE IN PERKINS LIABILITY OF $107,785. LINE 4B: GRANTS EXPENSE RECLASSIFIED FROM PROGRAM SERVICE REVENUE OF $29,533,980. 1 1 1 JACKSONVILLE UNIVERSITY PUBLISHES ITS NONDISCRIMINATORY POLICIES IN VARIOUS DOCUMENTS OF THE UNIVERSITY, INCLUDING THE SCHOOL CATALOG, STUDENT HANDBOOK, REGISTRATION POSTERS, AND NEWSPAPER ADVERTISEMENTS. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 IN ORDER TO PROVIDE STUDENTS WITH ADEQUATE FINANCIAL AID PACKAGES, THE UNIVERSITY PARTICIPATES IN BOTH FEDERAL AND STATE FINANCIAL AID PROGRAMS. 1 1 STUDENT WORK AWARDS 520 397397 SCHOLARSHIPS 2166 29577120 STUDENT LOAN CANCELLATIONS 5680 FEDERAL PELL GRANT PROGRAM 1179 4188731 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS 405359 FEDERAL WORK-STUDY PROGRAM 303487 X 1 1 X X X X 0 1 0 1 0 1 0 0 0 DR JOHN BALOG 136300 0 0 0 3000 0 0 0 14108 0 153408 0 0 0 DR KERRY ROMESBURG 282000 0 163937 0 0 0 42300 0 22750 0 510987 0 0 0 DR LOIS BECKER 191400 0 0 0 0 0 0 0 19558 0 210958 0 0 0 GEORGE SCADUTO 175600 0 0 0 0 0 0 0 11824 0 187424 0 0 0 TERRY WHITTUM 180000 0 0 0 0 0 0 0 25993 0 205993 0 0 0 C ALLEN VERLANDER JR 125000 0 31500 0 0 0 0 0 12987 0 169487 0 0 0 DR DIPAK CHUDASAMA 153610 0 50935 0 0 0 0 0 15269 0 219814 0 0 0 DR LAURANCE JERROLD 230650 0 33447 0 0 0 0 0 21020 0 285117 0 0 0 DR MARC AKERMAN 166400 0 47595 0 0 0 0 0 16403 0 230398 0 0 0 JOSEPH MCCANN 200000 0 0 0 0 0 0 0 33881 0 233881 0 0 0 KERWIN BELL 185417 0 57000 0 0 0 0 0 19119 0 261536 0 0 0 Part I, Line 4a President Romesburg participates in a 457(f) Nonqualified Deferred Compensation Plan. This plan is administered thru TIAA-CREF. Part I, Line 5 A portion of Kerwin Bell's (Head Football Coach) bonus compensation payment in 2009 is based on a percentage sharing agreement whereby contracted guarantee revenue payments for the University to play certain national profile football programs exceeds a minimum baseline revenue level established by the University. Part I, Line 6 The bonus compensation payments for Dr. Laurance Jerrold, Dr. Dipak Chudasama, and Dr. Marc Ackerman represent contractual agreements that provide these Orthodontics Program Faculty Members additional compensation for a percentage of the net annual operational earnings generated by the University's Orthodontic Clinic. The University operates a very successful, high customer volume, Orthodontic Teaching Clinic that serves the dental needs of the local community while providing the necessary clinical training for students attending the University's Accredited Orthodontic Professional Certification Program. HEFFA (FL) REV BD 34073TBB2 2006-10-01 63000000 higher education bonds 0 0 63000000 5878388 14316953 3008189 9330328 30466142 2008 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 42 X 8 41753 FAIR MARKET VALUE X 1 65921 APPRAISED VALUE X 1 1 X GIFT CERT & MERCH 11 395 FAIR MARKET VALUE X furn & equip 6 24 X SOFTWARE subscriptions 1 15900 fair MARKET VALUE X air TRAVEL 1 19630 fAIR MARKET VALUE X FOOD & WINE 4 528 X TICKETS 2 104 FAIR MARKET VALUE X OFFICE SUPPLIES 1 19 FAIR MARKET VALUE X lodging & meals 2 4 X OTHER SUPPLIES 1 1 3 0 1 0 Method for Determining Number of Contributors: Part I, Column (b): THE VALUE OF ITEMS WHOSE FAIR MARKET VALUE CANNOT BE READILY DETERMINED IS RECORDED AT $1 PER ITEM FOR FINANCIAL STATEMENT PURPOSES. Form 990, Part VI, Section B, line 11 DESCRIBE THE PROCESS FOR PROVIDING A COPY OF THE FORM 990 TO THE GOVERNING BODY BEFORE IT IS FILED: The University employs the assistance of external tax advisors in preparation of its 990 tax return. The content information for the return is provided by the Controller of the University. The Controller and external tax advisors work collectively to accurately complete the return in a timely fashion. The final review of the return is done by the University's Chief Financial Officer and is also made available for review (if requested) by other key executives of the University as well as all members of the University's Board of Trustees. Form 990, Part VI, Section B, line 12c DESCRIBE HOW THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY: The University requires on an annual basis written confirmation from all Board of Trustees' members full & complete acknowledgement of compliance with the University's Conflict of Interest Policy. The University's purchasing policies & procedures also ensure that all purchasing decisions are evaluated on a stringent quality and cost/benefit process that is not influenced by potential related party or conflict of interest. Form 990, Part VI, Section B, line 15 DESCRIBE THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIALS, OFFICERS AND KEY EMPLOYEES: The University determines its annual compensation for all executive, senior level and key employees on a consistent basis through the use of independent, comparative compensation data from peer institutions of similar size and complexity. The employment contracts of the University's President and other key senior officers and employees are also reviewed and approved by a select group of Board of Trustee's members. Form 990, Part VI, Section C, line 19 DESCRIBE HOW THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANICAL STATEMENTS AVAILABLE TO THE PUBLIC: COPIES OF THE ORGANIZATION'S FORM 990 AND RELATED DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE OFFICE OF THE CONTROLLER AT THE UNIVERSITY'S ADDRESS OF RECORD. FORM 990, PART XI, LINE 2C THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR. JACKSONVILLE UNIVERSITY CLINIC LLC 2800 UNIVERSITY BOULEVARD NORTH JACKSONVILLE FL 32211 043648158 ORTHODONTIC CLINIC OPERATIONS FL 3010993 248835