2026-03-18T20:37:38-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2024-07-01 221508627 SAINT PETER'S UNIVERSITY SAIN 2017616014 2641 KENNEDY BOULEVARD JERSEY CITY NJ 073065943 GUILLERMO DE VEYGA EXECUTIVE VP AND COO 2017616014 2026-03-13 1 1 LAURA J KENNEY P00202198 6177170831 2026-03-13 2024 2025-03-06 01:10:19Z HUBERT BENITEZ DDS PHD 2641 KENNEDY BOULEVARD JERSEY CITY NJ 073065943 158736485 0 0928 X WWW.SAINTPETERS.EDU X 1872 NJ TO EDUCATE A DIVERSE COMMUNITY OF LEARNERS TO EXCEL, LEAD, SERVE AND PROMOTE JUSTICE. 27 26 1298 47 94935 5621 14961983 12192729 103266280 108473372 13828399 5065243 -26810 149467 132029852 125880811 40399678 45118060 0 0 42097690 42092544 245410 175162 1406460 49166833 45554611 131909611 132940377 120241 -7059566 187436217 179955422 95523416 95057048 91912801 84898374 X SEE SCHEDULE O.SAINT PETER'S UNIVERSITY, INSPIRED BY ITS JESUIT, CATHOLIC IDENTITY, COMMITMENT TO INDIVIDUAL ATTENTION, AND GROUNDING IN THE LIBERAL ARTS, EDUCATES A DIVERSE COMMUNITY OF LEARNERS IN UNDERGRADUATE, GRADUATE AND PROFESSIONAL PROGRAMS TO EXCEL INTELLECTUALLY, LEAD ETHICALLY, SERVE COMPASSIONATELY, AND PROMOTE JUSTICE IN OUR EVER-CHANGING URBAN AND GLOBAL ENVIRONMENT. 0 0 79601978 44208884 100381038 INSTRUCTION AND ACADEMIC SUPPORT - THE UNIVERSITY PROVIDES ACCREDITED COURSES AND OTHER RELATED SERVICES TO APPROXIMATELY 3,600 STUDENTS, INCLUDING BOTH DAY AND EVENING SESSIONS, FOR FULL-TIME OR PART-TIME UNDERGRADUATE (60 PROGRAMS) AND SEVERAL GRADUATE STUDY PROGRAMS. FINANCIAL AID IS AWARDED TO STUDENTS FROM INSTITUTIONAL SOURCES BASED ON ACADEMIC ACHIEVEMENT, ATHLETIC ABILITY AND NEED. 28802793 909176 8092334 STUDENT SERVICES - INCLUDES ENROLLMENT SERVICES, REGISTRAR, HEALTH AND COUNSELING PROGRAMS, FINANCIAL AID, CAMPUS MINISTRY, STUDENT CLUBS AND ORGANIZATIONS, INTERCOLLEGIATE AND INTRAMURAL SPORTS AND ACTIVITIES, AND STUDENT HOUSING.SPONSORED PROGRAMS - INCLUDES VARIOUS PRIVATE PROGRAMS FOR THE BENEFIT OF THE STUDENT BODY, SUCH AS ACADEMIC ENRICHMENT, ACADEMIC CHAIRS, CAPITAL CAMPAIGN, AND VARIOUS ENDOWED SCHOLARSHIPS. 108404771 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 1 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 1 0 0 1 152 0 1 1298 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 27 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 FL KY MA MI NH NJ NY SC X GUILLERMO DE VEYGA 2017616014 2641 KENNEDY BOULEVARD JERSEY CITY NJ 073065943 HUBERT BENITEZ DDS PHD PRESIDENT, TRUSTEE 55.00 1.00 X X 227500 0 47460 KENNETH MOORE CHAIR, TRUSTEE 1.00 0.00 X X 0 0 0 MAUREEN LEMKE PERGOLA VICE CHAIR, TRUSTEE 1.00 0.00 X X 0 0 0 NADINE AUGUSTA TRUSTEE 1.00 0.00 X 0 0 0 JAMES M CONTI TRUSTEE 1.00 0.00 X 0 0 0 REV JOSEPH COSTANTINO SJ TRUSTEE 1.00 0.00 X 0 0 0 JULIA M DIGIOIA MD FACS TRUSTEE 1.00 0.00 X 0 0 0 EUGENE O FLINN TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL A GOMEZ TRUSTEE 1.00 0.00 X 0 0 0 NOREEN HEATH-BEAMAN TRUSTEE 1.00 0.00 X 0 0 0 REV STEPHEN KATSOUROS TRUSTEE 1.00 0.00 X 0 0 0 ROBERT LAHITA MD PHD TRUSTEE 1.00 0.00 X 0 0 0 CHARLES M LIZZA ESQ TRUSTEE 1.00 0.00 X 0 0 0 THOMAS LUDDY TRUSTEE 1.00 0.00 X 0 0 0 THOMAS P MAC MAHON TRUSTEE 1.00 0.00 X 0 0 0 FRANCIS MCGRAIL TRUSTEE 1.00 0.00 X 0 0 0 NIURKA MEDEROS TRUSTEE 1.00 0.00 X 0 0 0 REV ALEJANDRO OLAYO-MENDEZ TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM T PRICE III TRUSTEE 1.00 0.00 X 0 0 0 J PAUL SCHAETZLE TRUSTEE 1.00 0.00 X 0 0 0 CHRISTINA SHEA TRUSTEE 1.00 0.00 X 0 0 0 MARIA SOLORZANO TRUSTEE 1.00 0.00 X 0 0 0 JOAN BALMER TULLY TRUSTEE 1.00 0.00 X 0 0 0 TONI ANN TURCO TRUSTEE 1.00 0.00 X 0 0 0 ELNARDO J WEBSTER II ESQ TRUSTEE 1.00 0.00 X 0 0 0 JOHN B WILSON ESQ TRUSTEE 1.00 0.00 X 0 0 0 MARILDA GANDARA ESQ TRUSTEE TO 8/4/2025 1.00 0.00 X 0 0 0 GEORGE E MARTIN PHD TRUSTEE TO 11/29/2024 1.00 0.00 X 0 0 0 REV JAMES MIRACKY SJ TRUSTEE TO 7/1/2024 1.00 0.00 X 0 0 0 LA TORO YATES PHD TRUSTEE TO 10/16/2024 1.00 0.00 X 0 0 0 KEVIN J DOWNES VICE CHAIR, TRUSTEE TO 7/1/2024 1.00 0.00 X X 0 0 0 VIRGINIA BENDER PHD SEC/SPEC ASST TO PRESIDENT 55.00 0.00 X 196739 0 28177 WEIDONG ZHU INTERIM VP OF ACADEMICS 55.00 0.00 X 170485 0 54221 PAUL CIRAULO VP FINANCE & BUSINESS TO 8/29/2025 55.00 1.00 X 213272 0 6488 FREDERICK P BONATO PROVOST/ACADEMIC VP TO 8/1/2024 55.00 0.00 X 156435 0 25509 LEAH M LETO ED VP ADVANCEMENT TO 6/2/2025 55.00 0.00 X 213150 0 59578 JEFFREY GANT VP OF ENROLLMENT & MKT TO 6/12/2025 55.00 0.00 X 202608 0 6257 KATHERINE ARCURI ATHLETIC DIRECTOR 55.00 0.00 X 162400 0 40181 BASHIR MASON MEN'S BASKETBALL COACH 55.00 0.00 X 509885 0 68157 KIMBERLY REEVE - KPMG DEAN FRANK J. GUARINI SCHOOL OF BUSINESS 55.00 0.00 X 187975 0 24365 MARYELLEN HAMILTON PROFESSOR OF PSYCHOLOGY 55.00 0.00 X 169149 0 24459 CYNTHIA MCDANIEL CONTROLLER TO 3/27/2025 55.00 0.00 X 167475 0 3134 GULHAN BIZEL ASSISTANT PROFESSOR OF DATA SCIENCE 55.00 0.00 X 162329 0 4921 EUGENE CORNACCHIA PHD FORMER OFFICER, TRUSTEE TO 6/30/2024 0.00 0.00 X 430752 0 43333 3170154 0 436240 78 1 1 0 COLLINS BUILDING SERVICES 24-01 44TH RD 15TH FLR LONG ISLAND CITY NY 11101 FACILITIES SERVICES 5050353 ARAMARK PO BOX 7548 PHILADELPHIA PA 19101 FOOD SERVICES 3142838 ALLIED UNIVERSAL PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 2355930 YES & LIPMANHEARNE LLC 227 W MONROE ST 21ST FL CHICAGO IL 60606 MEDIA SERVICES 1436338 ELLUCIAN 62578 COLLECTIONS CENTER DR CHICAGO IL 60693 IT CONTRACTED SERVICES 1308620 51 372119 6392042 5428568 205660 12192729 TUITION AND FEES 900099 100381038 100381038 AUXILIARY ENTERPRISES 900099 7016356 7016356 OTHER PROGRAM-RELATED REVENUE 900099 1075978 1075978 108473372 1662192 1662192 291472 46578 244894 244894 94935 149959 36057130 32654079 3403051 3403051 3403051 59590 372119 155017 -95427 -95427 125880811 108473372 94935 5119775 45118060 45118060 1447221 273436 1173785 32040308 25846792 5277868 915648 1194269 753579 409067 31623 4909691 4046791 738805 124095 2501055 1834741 602373 63941 517920 22309 495611 258168 258168 175162 175162 252366 252366 7632889 3649290 3982599 1000 2172460 1948545 219249 4666 696897 458050 234283 4564 555693 358910 196117 666 12771368 7771531 4999837 1162989 953340 207681 1968 1234823 909673 325111 39 4006669 3480411 526258 6152023 5475723 676300 1510869 429589 1081280 MEAL PLANS 2737631 2737323 308 DUES/SUBS/MEMBERSHIPS 1104241 600162 420991 83088 BAD DEBTS 1051089 1051089 ATHLETICS 500935 500935 1235581 1235581 132940377 108404771 23129146 1406460 19973575 47945 10041 11687348 6527880 6823139 1984634 2592058 828283 1428617 222166359 110991963 111032875 111174396 45722075 44690498 212490 212490 1144364 1298931 187436217 179955422 5249221 4765394 2689012 3514055 22699424 22652388 3870 26670 56644787 57364868 8237102 6733673 95523416 95057048 X 30519672 26390932 61393129 58507442 91912801 84898374 187436217 179955422 X -7059566 49586 350162 -354609 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 X X X 0 0 1 X 43606171 1460424 4017269 2986803 2702942 43394119 39220636 1380577 4575477 1242765 327754 43606171 35849523 1780317 3265700 1302836 372068 39220636 40941198 1416062 -4998328 1175263 334145 35849524 34738402 1131835 7858322 1197743 1589618 40941198 0.00000 0.79703 0.20297 0 0 7958279 7958279 177781050 84623208 93157842 1125063 755149 369914 26538544 23819912 2718632 8763423 1793694 6969729 111174396 LEASE LIABILITIES 917790 CONDITIONAL ASSET RETIREMENT OBLIGATIONS 658375 CHARITABLE GIFT ANNUITY OBLIGATIONS 1073269 ACCRUED RETIREMENT PLANS 4084239 6733673 X PART III, LINE 1A: SAINT PETER'S UNIVERSITY COLLECTIONS INCLUDE ART WORKS, PAINTINGS, SCULPTURES, POSTERS, DOCUMENTS, AND OTHER ARTIFACTS AND ARE ALL EMPLOYED IN THE EDUCATION OF STUDENTS ON THE WORLD'S RICH HISTORICAL AND CULTURAL TRADITIONS. WORKS OF ART IN THE UNIVERSITY'S COLLECTION ARE NOT RECOGNIZED AS ASSETS IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED IN OPERATING EXPENSES AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF A DONOR MAKES A CONTRIBUTION INTENDED TO FUND THE SUBSEQUENT PURCHASE OF COLLECTION ITEMS. THERE WERE NO MATERIAL COLLECTION PURCHASES OR SALES FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. PART IV, LINE 2B: THIS AMOUNT REPRESENTS TENANT RENT SECURITY DEPOSITS HELD IN ESCROW. PART V, LINE 4: SAINT PETER'S UNIVERSITY ENDOWMENT CONSISTS OF APPROXIMATELY 200 INDIVIDUAL FUNDS ESTABLISHED MAINLY FOR SCHOLARSHIPS. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE UNIVERSITY'S ENDOWMENT FUNDS ARE USED TO FURTHER ITS EXEMPT PURPOSES BY PROVIDING SCHOLARSHIPS, CONSTRUCTING FACILITIES AND FUNDING THE GENERAL ACTIVITIES AND OPERATIONS OF THE UNIVERSITY. PART X, LINE 2: SAINT PETER'S IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND A SIMILAR PROVISION UNDER STATE LAWS THROUGH AN EXEMPTION THROUGH THE ARCHDIOCESE OF NEWARK. REVENUE FROM UNRELATED ACTIVITIES IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. SAINT PETER'S HAD NO TAXES DUE FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 AND 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SAINT PETER'S UNIVERSITY ("UNIVERSITY") RACIALLY NONDISCRIMINATORY POLICY IS DESCRIBED IN ALL LITERATURE PUBLISHED FOR GENERAL DISTRIBUTION, WITHIN THE STUDENT HANDBOOK, AND ON THE UNIVERSITY'S WEBSITE'S HOMEPAGE. SCHEDULE E, PART I, LINE 6 SAINT PETER'S UNIVERSITY ("UNIVERSITY") PARTICIPATES IN VARIOUS FEDERAL AND STATE FINANCIAL AID PROGRAMS FOR THE BENEFIT OF STUDENTS WHO ATTEND THE UNIVERSITY. THESE PROGRAMS HAVE STRICT REQUIREMENTS FOR PARTICIPATION AND THE UNIVERSITY IS SUBJECT TO GOVERNMENT PROGRAM REVIEWS COVERING COMPLIANCE WITH LAWS AND REGULATIONS. SPECIFIC AREAS OF REVIEW INCLUDE STUDENT PROGRAM ELIGIBILITY, COORDINATION OF FINANCIAL AID PROGRAMS, AND OTHER MATTERS. X X X X X X X 1 EAB GLOBAL INC 2445 M ST NW WASHINGTON DC 20037 CROWDFUNDING, DIRECT MAIL 0 250388 130162 120226 COMMUNITY COUNSELLING SERVICE CO 527 MADISON AVE 5TH FL NEW YORK NY 10022 STRATEGIC ADVICE 0 0 45000 0 250388 175162 120226 AL AK AR AZ CA CO CT DE DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO MT NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI HEARTS & MINDS DINNER 369000 327283 41717 64119 16257 43386 GOLF OUTING 62709 44836 17873 24840 1425 4990 431709 372119 59590 88959 1425 16257 48376 155017 -95427 1 SCHOLARSHIPS 2138 44208884 RESIDENT ASSISTANTS AND HOUSING DISCOUNTS 330 909176 PART I, LINE 2: SAINT PETER'S UNIVERSITY PROVIDES SCHOLARSHIPS AND OTHER ASSISTANCE TO STUDENTS MATRICULATING AT THE UNIVERSITY FOR VARIOUS REASONS INCLUDING, BUT NOT LIMITED TO, ACADEMIC PERFORMANCE, STUDENT INSTITUTIONAL AID, AND ATHLETICS. THEREFORE, ALL FUNDS GRANTED ARE USED TO DEFRAY THE COST OF TUITION AND HOUSING AND NO FURTHER MONITORING OF THE GRANTS IS REQUIRED. SCHOLARSHIPS AND OTHER ASSISTANCE ARE AWARDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. X X 1 1 X X X X 0 0 0 0 0 0 0 1 1 1 BASHIR MASON MEN'S BASKETBALL COACH 399885 0 100000 0 10000 0 15945 0 52212 0 578042 0 0 0 EUGENE CORNACCHIA PHD FORMER OFFICER, TRUSTEE TO 6/30/2024 236385 0 135000 0 59367 0 7880 0 35453 0 474085 0 0 0 HUBERT BENITEZ DDS PHD PRESIDENT, TRUSTEE 200000 0 0 0 27500 0 4000 0 43460 0 274960 0 0 0 LEAH M LETO ED VP ADVANCEMENT TO 6/2/2025 213150 0 0 0 0 0 9592 0 49986 0 272728 0 0 0 VIRGINIA BENDER PHD SEC/SPEC ASST TO PRESIDENT 196739 0 0 0 0 0 9338 0 18839 0 224916 0 0 0 WEIDONG ZHU INTERIM VP OF ACADEMICS 154622 0 0 0 15863 0 7731 0 46490 0 224706 0 0 0 PAUL CIRAULO VP FINANCE & BUSINESS TO 8/29/2025 213272 0 0 0 0 0 6398 0 90 0 219760 0 0 0 KIMBERLY REEVE - KPMG DEAN FRANK J. GUARINI SCHOOL OF BUSINESS 187775 0 0 0 200 0 6151 0 18214 0 212340 0 0 0 JEFFREY GANT VP OF ENROLLMENT & MKT TO 6/12/2025 202608 0 0 0 0 0 6078 0 179 0 208865 0 0 0 KATHERINE ARCURI ATHLETIC DIRECTOR 162400 0 0 0 0 0 7714 0 32467 0 202581 0 0 0 MARYELLEN HAMILTON PROFESSOR OF PSYCHOLOGY 121483 0 0 0 47666 0 6074 0 18385 0 193608 0 0 0 FREDERICK P BONATO PROVOST/ACADEMIC VP TO 8/1/2024 156435 0 0 0 0 0 7654 0 17855 0 181944 0 0 0 CYNTHIA MCDANIEL CONTROLLER TO 3/27/2025 167475 0 0 0 0 0 0 0 3134 0 170609 0 0 0 GULHAN BIZEL ASSISTANT PROFESSOR OF DATA SCIENCE 85309 0 0 0 77020 0 4265 0 656 0 167250 0 0 0 PART I, LINE 1: THE PRESIDENT RESIDES IN A UNIVERSITY-OWNED PROPERTY AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY. THE ANNUAL FAIR MARKET RENTAL OF THE UNIVERSITY-OWNED PROPERTY AMOUNTED TO APPROXIMATELY $50,042 IN 2024 AND WAS NOT REPORTED AS TAXABLE COMPENSATION ON THE PRESIDENTS' 2024 FORMS W-2 IT IS INCLUDED IN THE AMOUNT REPORTED IN SCHEDULE J, PART II, COLUMN (D), SPLIT EQUALLY BETWEEN CURRENT PRESIDENT HUBERT BENITEZ, DDS, PH.D., AND FORMER PRESIDENT EUGENE CORNACCHIA, PH.D. THE UNIVERSITY PROVIDES CLEANING SERVICES TO THE PRESIDENT'S UNIVERSITY-OWNED RESIDENCE. THE VALUE OF THESE SERVICES WAS APPROXIMATELY $2,661 IN 2024 AND WAS NOT REPORTED AS TAXABLE COMPENSATION ON THE PRESIDENTS' 2024 FORMS W-2. IT IS INCLUDED IN THE AMOUNT REPORTED IN SCHEDULE J, PART II, COLUMN (D), SPLIT EQUALLY BETWEEN CURRENT PRESIDENT HUBERT BENITEZ, DDS, PH.D., AND FORMER PRESIDENT EUGENE CORNACCHIA, PH.D. PART I, LINE 7: PER THE TERMS OF AN EMPLOYMENT AGREEMENT, THE FORMER PRESIDENT, EUGENE CORNACCHIA, PH.D., WAS ELIGIBLE TO RECEIVE AN ANNUAL PERFORMANCE AWARD OF UP TO 15% OF BASE SALARY BASED UPON AN EVALUATION OF PERFORMANCE AGAINST PRE-DETERMINED OBJECTIVES. THE FORMER PRESIDENT AND THE EXECUTIVE COMMITTEE AGREED ON SUCH GOALS AND OBJECTIVES AND THE PRECISE AMOUNT OF SUCH AN AWARD, IF ANY, WAS DETERMINED BY THE EXECUTIVE COMMITTEE. THE FORMER PRESIDENT WAS PAID A PERFORMANCE BONUS OF $60,000 IN CALENDAR YEAR 2024. THIS AMOUNT WAS INCLUDED IN THE FORMER PRESIDENT'S 2024 FORM W-2 AND IS INCLUDED IN THE AMOUNT REPORTED IN SCHEDULE J PART II COLUMN (B)(II). THE REMAINING $75,000 BONUS REPORTED IN SCHEDULE J PART II COLUMN (B)(II) IS A FIXED RETENTION BONUS. PART I, LINE 8: HUBERT BENITEZ, DDS, PH.D., PRESIDENT AS OF JULY 1, 2024, HAS A CONTRACT IN PLACE THROUGH JUNE 30, 2029. A NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 646066F54 2016-12-20 1008102 RENOVATION OF POPE HALL 0 0 1 B NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 2022-11-29 22000000 REFINANCE/EXTINGUISH DEBT 0 0 0 A 657785 1008102 8102 1000000 2017 0 0 1 1 B 22000000 2200000 252500 19547500 2022 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 1 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 3263492 INDEPENDENT CONTRACTOR 0 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 3306764 INDEPENDENT CONTRACTOR 0 X 5 205660 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF NOT LESS THAN FIVE MEMBERS AND INCLUDES THE CHAIR AND VICE CHAIR OF THE BOARD, THE CHAIR OF EACH STANDING COMMITTEE OF THE BOARD AND THE PRESIDENT OF THE UNIVERSITY AND SUCH OTHER TRUSTEES AS THE BOARD OF TRUSTEES MAY FROM TIME TO TIME DESIGNATE IN ITS DISCRETION. TO THE EXTENT PERMITTED BY GENERAL LAW, AND SUBJECT TO SUCH CONTRARY INSTRUCTIONS, RULES OR REGULATIONS AS MAY FROM TIME TO TIME BE ISSUED BY THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL HAVE FULL POWER TO ACT FOR THE BOARD OF TRUSTEES BETWEEN MEETINGS OF THE BOARD, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER TO GRANT DEGREES OR TO ELECT OR REMOVE FROM OFFICE. FORM 990, PART VI, SECTION B, LINE 11B SAINT PETER'S UNIVERSITY'S ("UNIVERSITY") FEDERAL FORM 990 WAS PROVIDED TO EACH VOTING MEMBER OF ITS GOVERNING BODY - ITS BOARD OF TRUSTEES - PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE ("IRS"). HOWEVER, THE VERSION PROVIDED WAS NOT A COMPLETE COPY BECAUSE NAMES AND ADDRESSES OF CONTRIBUTORS ON SCHEDULE B WERE REDACTED TO PROTECT THE PRIVACY OF THE UNIVERSITY'S DONORS, WHICH INCLUDES BOARD MEMBERS. IN ADDITION, THE UNIVERSITY'S AUDIT COMMITTEE PERFORMED A DETAILED REVIEW OF THE FEDERAL FORM 990. THE UNIVERSITY'S BOARD OF TRUSTEES HAS DELEGATED TO THE AUDIT COMMITTEE THE RESPONSIBILITY TO OVERSEE AND COORDINATE THE FEDERAL FORM 990 PREPARATION, REVIEW, AND FILING PROCESS FOR THE UNIVERSITY AND ITS AFFILIATES. AS PART OF THE TAX RETURN PREPARATION PROCESS, THE UNIVERSITY HIRED A PROFESSIONAL CPA FIRM WITH EXPERIENCE AND KNOWLEDGE IN BOTH EDUCATION AND NOT-FOR-PROFIT TAX RETURN PREPARATION TO PREPARE THE FEDERAL FORM 990. THE CPA FIRM'S TAX PROFESSIONALS WORKED CLOSELY WITH THE UNIVERSITY'S FINANCE PERSONNEL TO OBTAIN THE INFORMATION NEEDED TO PREPARE A COMPLETE AND ACCURATE TAX RETURN. THE CPA FIRM PREPARED A DRAFT FEDERAL FORM 990 AND FURNISHED IT TO THE UNIVERSITY'S FINANCE PERSONNEL FOR REVIEW AND ANY NECESSARY REVISIONS WERE MADE TO THE DRAFT. FOLLOWING THE FINALIZATION OF THE REVIEW AND APPROVAL OF THE FORM 990 BY THE FINANCE PERSONNEL THE UNIVERSITY'S AUDIT COMMITTEE PERFORMED A DETAILED REVIEW. IN CONJUNCTION WITH THE AUDIT COMMITTEE MEETING WHEREIN THE FORM 990 WAS PRESENTED AND DISCUSSED, THE FORM 990 WAS PROVIDED TO EACH VOTING MEMBER OF ITS GOVERNING BODY AND APPROVED FOR FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C SAINT PETER'S UNIVERSITY (THE "UNIVERSITY") REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT-OF-INTEREST POLICY. ANNUALLY, ALL MEMBERS OF THE BOARD OF TRUSTEES, DIRECTORS, OFFICERS, AND MEMBERS OF SENIOR MANAGEMENT ARE REQUIRED TO REVIEW THE EXISTING CONFLICT-OF-INTEREST POLICY AND COMPLETE A QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE RETURNED TO THE UNIVERSITY'S SECRETARY OF THE BOARD FOR REVIEW. THEREAFTER, THE UNIVERSITY'S SECRETARY OF THE BOARD PREPARES A SUMMARY OF THE COMPLETED QUESTIONNAIRES WHICH CONTAINS INFORMATION DISCLOSED ON AN INDIVIDUAL-BY-INDIVIDUAL BASIS. IF APPLICABLE, THE SECRETARY TO THE BOARD PRESENTS THIS SUMMARY TO THE UNIVERSITY'S EXECUTIVE COMMITTEE FOR ITS REVIEW, DISCUSSION, INVESTIGATION, AND IMPLEMENTATION OF ANY NECESSARY MITIGATING BEHAVIOR. FORM 990, PART VI, SECTION B, LINE 15A SAINT PETER'S UNIVERSITY (THE "UNIVERSITY") BOARD OF TRUSTEES HAS AN EXECUTIVE COMPENSATION COMMITTEE ("COMMITTEE"). THE COMMITTEE REVIEWS THE "TOTAL COMPENSATION" OF THE UNIVERSITY'S PRESIDENT, WHICH IS INTENDED TO INCLUDE BOTH CURRENT AND DEFERRED COMPENSATION AND ALL EMPLOYEE BENEFITS, BOTH QUALIFIED AND NON-QUALIFIED. THE COMMITTEE'S REVIEW IS DONE ON A CONTRACT RENEWAL BASIS WITH PERFORMANCE BONUSES REVIEWED AND APPROVED ANNUALLY. THE COMMITTEE ENSURES THAT THE "TOTAL COMPENSATION" OF THE PRESIDENT OF THE UNIVERSITY IS REASONABLE. THE COMMITTEE OBTAINS AND RELIES UPON "APPROPRIATE DATA AS TO COMPARABILITY" PRIOR TO MAKING ITS DETERMINATION. THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES, EACH OF WHOM IS INDEPENDENT AND FREE FROM ANY CONFLICTS OF INTEREST. THIS COMMITTEE REPORTS DIRECTLY TO THE UNIVERSITY'S BOARD OF TRUSTEES WHEREIN ALL DISCUSSIONS AT THE COMMITTEE LEVEL ARE DOCUMENTED IN WRITTEN MEETING MINUTES OF THE FULL BOARD OF TRUSTEES. THIS PROCESS WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION B, LINE 15B: THE COMPENSATION AND BENEFITS OF OTHER EXECUTIVES REPORTED IN CORE FORM, PART VII AND SCHEDULE J OF THIS FORM 990 ARE REVIEWED ANNUALLY BY THE PRESIDENT WITH ASSISTANCE FROM THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT IN CONJUNCTION WITH THE INDIVIDUAL'S JOB PERFORMANCE DURING THE YEAR AND IS BASED UPON OTHER OBJECTIVE FACTORS DESIGNED TO ENSURE THAT REASONABLE AND FAIR MARKET VALUE COMPENSATION IS PAID BY THE UNIVERSITY. OTHER OBJECTIVE FACTORS INCLUDE MARKET SURVEY DATA FOR COMPARABLE POSITIONS AND INDIVIDUAL GOALS. FORM 990, PART VI, SECTION C, LINE 19 SAINT PETER'S UNIVERSITY ("UNIVERSITY'S") CERTIFICATE OF INCORPORATION AND ANY AMENDMENTS CAN BE OBTAINED AND REVIEWED THROUGH THE STATE OF NEW JERSEY DEPARTMENT OF THE TREASURY. THE UNIVERSITY'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND AT MANAGEMENT'S DISCRETION. FORM 990, PART XI, LINE 9: OTHER COMPONENTS OF NET PERIODIC PENSION (COST) BENEFIT -661,053. PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION BENEFIT (COST) 423,583. CHANGE IN FAIR VALUE OF SPLIT-INTEREST AGREEMENTS -117,139. SPJC MANAGEMENT 2641 KENNEDY BOULEVARD JERSEY CITY NJ 073065943 201447046 INACTIVE NJ SAINT PETER'S UNIVERSITY C 133290 1.00000 1 ST PETER'S UNIVERSITY EVENTS COMPANY 2641 KENNEDY BOULEVARD JERSEY CITY NJ 073065943 472969571 TO SUPPORT SAINT PETER'S UNIVERSITY NJ SAINT PETER'S UNIVERSITY C 91123 282162 1.00000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 ST PETER'S UNIVERSITY EVENTS COMPANY A 21337 COST