FURP.ORG / PUBLIC DATA EXPLORER

PACE UNIVERSITY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
PACE UNIVERSITY (EIN 13-5562314)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-03-19
IRS object ID
202520789349301817
Schema version
2023v6.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-19T19:38:02-04:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PwC US Tax LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12001 MARKET ST SUITE 1800AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN135562314EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% ROBERT C ALMONInCareOfNm
Business Name ControlPACEBusinessNameControlTxt
Phone9149232402PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PACE PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100381598ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH CAPPARELLIPersonNm
Person TitleVP FIN, CNTRLLR, CCOPersonTitleTxt
Phone9149232402PhoneNum
Signature2025-03-18SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSAPNA P VASUPreparerPersonNm
PTINP00545692PTIN
Phone2673303000PhoneNum
Preparation2025-03-12PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARVIN KRISLOVPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PACE PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100381598ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$830,254,133GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PACE.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1906FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionPACE UNIVERSITY CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF ITS QUALIFIED AND DIVERSE STUDENT POPULATION.ActivityOrMissionDesc
Voting Members Governing Body36VotingMembersGoverningBodyCnt
Voting Members Independent34VotingMembersIndependentCnt
Total Employee5149TotalEmployeeCnt
Total Volunteers1442TotalVolunteersCnt
Total Gross UBI$112,136TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$53,074,917PYContributionsGrantsAmt
CY Contributions Grants$38,077,053CYContributionsGrantsAmt
PY Program Service Revenue$615,166,283PYProgramServiceRevenueAmt
CY Program Service Revenue$647,121,351CYProgramServiceRevenueAmt
PY Investment Income$12,209,697PYInvestmentIncomeAmt
CY Investment Income$19,640,250CYInvestmentIncomeAmt
PY Other Revenue$2,131,689PYOtherRevenueAmt
CY Other Revenue$2,849,536CYOtherRevenueAmt
PY Total Revenue$682,582,586PYTotalRevenueAmt
CY Total Revenue$707,688,190CYTotalRevenueAmt
PY Grants And Similar Paid$224,885,069PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$234,995,444CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$225,260,628PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$240,587,923CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$469,571PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$532,159CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,600,257CYTotalFundraisingExpenseAmt
PY Other Expenses$187,528,073PYOtherExpensesAmt
CY Other Expenses$207,176,499CYOtherExpensesAmt
PY Total Expenses$638,143,341PYTotalExpensesAmt
CY Total Expenses$683,292,025CYTotalExpensesAmt
PY Revenues Less Expenses$44,439,245PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$24,396,165CYRevenuesLessExpensesAmt
Total Assets BOY$1,300,057,209TotalAssetsBOYAmt
Total Assets EOY$1,406,912,201TotalAssetsEOYAmt
Total Liabilities BOY$837,516,531TotalLiabilitiesBOYAmt
Total Liabilities EOY$897,979,934TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$462,540,678NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$508,932,267NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPACE UNIVERSITY EDUCATES STUDENTS TO BE "THINKING PROFESSIONALS", HIGHLY SOUGHT AFTER AS INNOVATORS AND SUCCESSFUL LEADERS WHO POSITIVELY IMPACT TWENTY-FIRST CENTURY SOCIETY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$155,759,168ExpenseAmt
Grant$0GrantAmt
Revenue$562,132,713RevenueAmt
DescINSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$234,995,444ExpenseAmt
Grant$234,995,444GrantAmt
Revenue$0RevenueAmt
DescSCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$95,829,709ExpenseAmt
Grant$0GrantAmt
Revenue$76,552,895RevenueAmt
DescAUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

ExpenseExpenseAmtGrantGrantAmtRevenueRevenueAmtDescDesc
$67,009,949$0$6,248,211ACADEMIC SUPPORT
$46,075,769$0$2,187,532STUDENT SERVICES
$3,511,080$0$0RESEARCH
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$116,596,798TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$8,435,743TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$603,181,119TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountYes (true)EscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document561IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee5149EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members36GoverningBodyVotingMembersCnt
Independent Voting Member34IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROBERT C ALMONPersonNm
Phone2123461227PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 SUMMIT LAKE DR 3RD FLAddressLine1Txt
CityVALHALLACityNm
State AbbreviationNYStateAbbreviationCd
ZIP10595ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (69 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndKey EmployeeKeyEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MARVIN KRISLOV
TRUSTEE, PRESIDENT40.00.0Yes (X)Yes (X)$711,748$0$404,000
JOSEPH FRANCO
PROVOST, EVP ACADEMIC AFFAIRS40.00.0Yes (X)$422,830$0$72,901
ROBERT C ALMON
EVP & CFO40.00.0Yes (X)$429,837$0$65,824
JOSEPH MORREALE
PROFESSOR40.00.0$457,218$0$35,335Yes (X)
JOSEPH A CAPPARELLI
VP FIN, CONTROLLER & CCO40.00.0Yes (X)$381,124$0$78,410
LAWRENCE SINGLETON
DEAN, LUBIN SCHOOL OF BUSINESS40.00.0$374,984$0$83,037Yes (X)
HORACE ANDERSON
DEAN, SCHOOL OF LAW40.00.0$369,759$0$83,997Yes (X)
JONATHAN HILL
DEAN, SEIDENBERG SCHOOL40.00.0$310,809$0$133,888Yes (X)
GARY LAERMER
VP DEV & ALUM RLTNS40.00.0Yes (X)$387,267$0$49,674
JOSEPH F RYAN
PROFESSOR40.00.0$367,629$0$29,435Yes (X)
BRIDGET CRAWFORD
PROFESSOR40.00.0$324,546$0$66,965Yes (X)
NICOLE THOMPSON
SENIOR VP OPERATIONS40.00.0Yes (X)$328,205$0$60,550
TRESMAINE GRIMES
DEAN, DYSON,INTERIM DEAN SANDS40.00.0$330,029$0$48,826Yes (X)
ROBINA C SCHEPP
VP FOR ENROLLMENT & PLACEMENT40.00.0Yes (X)$324,559$0$48,378
MARCUS TYE
DEAN, COLLEGE OF HEALTH PROF40.00.0$307,267$0$64,672Yes (X)
JASON CZARNEZKI
PROFESSOR40.00.0$319,659$0$45,388Yes (X)
LAUREN BIRNEY
PROFESSOR40.00.0$321,693$0$39,749Yes (X)
IBOLYA YOLAS
VP UNIV FACILITIES & CAP PROJ40.00.0Yes (X)$270,938$0$58,094
BETH GORDON
VP IT AND CIO40.00.0Yes (X)$265,113$0$45,201
CINDY HEILBERGER
VP FOR CORPORATE SECRETARY40.00.0Yes (X)$257,320$0$50,060
NIRA HERRMANN
FORMER DEAN, DYSON COLLEGE40.00.0$278,201$0$25,499Yes (X)
JEAN C GALLAGHER
VP STRATEGIC INITIATIVES40.00.0Yes (X)$223,360$0$73,293
LISA VALENTINO
FRMR INTERIM VP/GC (10/1-4/30)40.00.0$254,854$0$38,537Yes (X)
NILA BHAUMIK
VP FOR HUMAN RESOURCES40.00.0Yes (X)$263,007$0$29,780
RICHARD SCHLESINGER
FRMR DEAN, DYSON COLLEGE40.00.0$231,443$0$54,452Yes (X)
JEFFREY BARNETT
VP STUDENT AFFR AND DEAN40.00.0Yes (X)$214,952$0$54,965
LEILA FRANCHI
FORMER VP FOR UNIV RELATIONS40.00.0$203,652$0$65,633Yes (X)
BERNARD DUFRESNE
INTERIM AVP, CDO THRU JUL 202340.00.0Yes (X)$198,075$0$50,119
SONIA SUCHDAY
TRUSTEE, FT FACULTY MEMBER40.00.0Yes (X)$198,982$0$34,026
SUSAN DONAHUE
FRMR INTM, AVP HR TILL 9/2140.00.0$163,536$0$62,614Yes (X)
THOMAS M BRADY
TREASURER40.00.0Yes (X)$204,815$0$18,998
TERRYL BROWN
VP AND GENERAL COUNSEL40.00.0Yes (X)$203,214$0$13,250
MARY BAGLIVO
FORMER VP UNIV RELATIONS40.00.0$157,816$0$24,462Yes (X)
HARRIET R FELDMAN
FRMR DEAN, COLLEGE HEALTH PROF40.00.0$126,048$0$28,847Yes (X)
STEPHANIE AKUNVABEY
AVP, CDO AS OF AUG 202340.00.0Yes (X)$82,526$0$28,371
PETA-GAY CLARKE
TRUSTEE1.00.0Yes (X)$7,864$0$0
PHOTEINE M ANAGNOSTOPOULOS
TRUSTEE1.00.0Yes (X)$0$0$0
MARK M BESCA
TRUSTEE1.00.0Yes (X)$0$0$0
MICHAEL A CLINTON
TRUSTEE1.00.0Yes (X)$0$0$0
MICHAEL DISIMONE
TRUSTEE1.00.0Yes (X)$0$0$0
CHRISTOPHER A EDWARDS
TRUSTEE1.00.0Yes (X)$0$0$0
JOSEPH R FICALORA
TRUSTEE1.00.0Yes (X)$0$0$0
MARKI FLANNERY
TRUSTEE1.00.0Yes (X)$0$0$0
JOHN A GERSON
TRUSTEE1.00.0Yes (X)$0$0$0
THOMAS GIBBONS
TRUSTEE1.00.0Yes (X)$0$0$0
CYNTHIA GREER GOLDSTEIN
TRUSTEE1.00.0Yes (X)$0$0$0
BARRY M GOSIN
TRUSTEE1.00.0Yes (X)$0$0$0
LILIANE A HAUB
TRUSTEE1.00.0Yes (X)$0$0$0
HEMANT KHEMKA
TRUSTEE1.00.0Yes (X)$0$0$0
DAVID Z HIRSH
TRUSTEE1.00.0Yes (X)$0$0$0
JOSEPH IANNIELLO
TRUSTEE1.00.0Yes (X)$0$0$0
CHARLES MAK
TRUSTEE1.00.0Yes (X)$0$0$0
MARTIN MCELROY
TRUSTEE1.00.0Yes (X)$0$0$0
AUDREY MURPHY
TRUSTEE1.00.0Yes (X)$0$0$0
DONNA MURPHY
TRUSTEE1.00.0Yes (X)$0$0$0
JOHN T O'CONNOR
TRUSTEE1.00.0Yes (X)$0$0$0
THOMAS J QUINLAN III
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT ROBOTTI
TRUSTEE1.00.0Yes (X)$0$0$0
CHRISTOPHER ROKER
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT S SANDS
TRUSTEE1.00.0Yes (X)$0$0$0
IVAN G SEIDENBERG
TRUSTEE THRU MAY 20241.00.0Yes (X)$0$0$0
SHAUN E SMITH
TRUSTEE1.00.0Yes (X)$0$0$0
LANA BAILEY-TAMARO
TRUSTEE1.00.0Yes (X)$0$0$0
EUGENE M TOBIN
TRUSTEE1.00.0Yes (X)$0$0$0
MARIE J TOULANTIS
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT TUCKER
TRUSTEE1.00.0Yes (X)$0$0$0
SUSAN S WALLACH
TRUSTEE1.00.0Yes (X)$0$0$0
RICHARD F ZANNINO
TRUSTEE1.00.0Yes (X)$0$0$0
DOV HOROWITZ
TRUSTEE1.00.0Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$8,513,399TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,785,945TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K584IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
JRM CONSTRUCTION MANAGEMENT LLC
242 WEST 36TH STREET 9TH FLNEW YORKNY10018CONSTRUCTION$32,264,707
CHARTWELLS DINING SERVICE
303 CROSSWAYS PARK DRIVEWOODBURYNY11797FOOD SERVICES$15,880,133
COLLINS BUILDING SERVICES
24-01 44TH ROAD 15TH FLLONG ISLAND CITYNY11101CLEANING$12,794,681
ALLIED UNIVERSAL SECURITY SERVICES
EIGHT TOWER BRIDGE 161 WASHINGTONCONSHOHOCKENPA19428SECURITY$9,071,887
BBI BUILD LLC DBA BENCHMARK BUILDER
469 7TH AVENUE SUITE 501 5TH FLNEW YORKNY10018CONSTRUCTION$7,564,560
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K193CntrctRcvdGreaterThan100KCnt
Fundraising$1,762,733FundraisingAmt
Government Grants$23,122,304GovernmentGrantsAmt
All Other Contributions$13,192,017AllOtherContributionsAmt
Noncash Contributions$1,001,526NoncashContributionsAmt
Total Contributions$38,077,053TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES900099$569,112,209$569,112,209
DORMITORY RENTALS900099$61,279,704$61,279,704
FOOD SERVICE REVENUE900099$15,273,191$15,273,191
ACADEMIC ACTIVITIES900099$1,186,222$1,186,222
BOOKSTORE COMMISSIONS900099$190,940$190,940

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$79,085TotalRevenueColumnAmt
Related Or Exempt Func Income$79,085RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$647,121,351TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,070,489TotalRevenueColumnAmt
Unrelated Business Revenue$112,136UnrelatedBusinessRevenueAmt
Exclusion$6,958,353ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$177,101TotalRevenueColumnAmt
Exclusion$177,101ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$101,339TotalRevenueColumnAmt
Exclusion$101,339ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,055,172RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$1,019,932RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$35,240RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$35,240TotalRevenueColumnAmt
Exclusion$35,240ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$133,102,081SecuritiesAmt
Other$34,886OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$120,744,307SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$12,357,774SecuritiesAmt
Other$34,886OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,392,660TotalRevenueColumnAmt
Exclusion$12,392,660ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$544,837FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,762,733ContriRptFundraisingEventAmt
Fundraising Direct Expenses$801,704FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$256,867TotalRevenueColumnAmt
Exclusion-$256,867ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Exclusion$0ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
CONFERENCE CENTER AND OTHER REVENUE532310$2,945,103$2,945,103
FUNDS HELD BY TRUSTEES900099$24,721$24,721
FieldValueIRS element (for citing)
Other Revenue Total$2,969,824OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$707,688,190TotalRevenueColumnAmt
Related Or Exempt Func Income$647,121,351RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$112,136UnrelatedBusinessRevenueAmt
Exclusion$22,377,650ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$234,995,444TotalAmt
Program Services$234,995,444ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$8,759,897TotalAmt
Program Services$2,945,288ProgramServicesAmt
Management And General$5,238,168ManagementAndGeneralAmt
Fundraising$576,441FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$174,103,713TotalAmt
Program Services$147,466,364ProgramServicesAmt
Management And General$22,710,283ManagementAndGeneralAmt
Fundraising$3,927,066FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$11,469,455TotalAmt
Program Services$9,714,662ProgramServicesAmt
Management And General$1,496,089ManagementAndGeneralAmt
Fundraising$258,704FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$33,464,322TotalAmt
Program Services$28,344,380ProgramServicesAmt
Management And General$4,365,123ManagementAndGeneralAmt
Fundraising$754,818FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$12,790,536TotalAmt
Program Services$10,555,724ProgramServicesAmt
Management And General$1,921,523ManagementAndGeneralAmt
Fundraising$313,289FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$664,849TotalAmt
Program Services$268,336ProgramServicesAmt
Management And General$396,513ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$373,170TotalAmt
Management And General$373,170ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$127,101TotalAmt
Management And General$127,101ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$532,159TotalAmt
Fundraising$532,159FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,180,066TotalAmt
Management And General$1,180,066ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$11,866,910TotalAmt
Program Services$7,445,232ProgramServicesAmt
Management And General$4,217,885ManagementAndGeneralAmt
Fundraising$203,793FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,433,553TotalAmt
Program Services$3,076,570ProgramServicesAmt
Management And General$356,958ManagementAndGeneralAmt
Fundraising$25FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,797,938TotalAmt
Program Services$8,003,505ProgramServicesAmt
Management And General$698,023ManagementAndGeneralAmt
Fundraising$96,411FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$10,367,325TotalAmt
Program Services$2,746,658ProgramServicesAmt
Management And General$7,307,588ManagementAndGeneralAmt
Fundraising$313,079FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$100,271,910TotalAmt
Program Services$87,905,434ProgramServicesAmt
Management And General$12,366,476ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,567,919TotalAmt
Program Services$3,178,643ProgramServicesAmt
Management And General$332,399ManagementAndGeneralAmt
Fundraising$56,877FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$797,719TotalAmt
Program Services$595,297ProgramServicesAmt
Management And General$177,725ManagementAndGeneralAmt
Fundraising$24,697FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$8,596,397TotalAmt
Program Services$7,846,436ProgramServicesAmt
Management And General$749,962ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$20,316,973TotalAmt
Program Services$18,409,031ProgramServicesAmt
Management And General$1,907,942ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,385,910TotalAmt
Program Services$1,751,801ProgramServicesAmt
Management And General$1,634,109ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MEAL COSTS,STUDENT ACTIVITIES$14,752,581$14,571,477$138,774$42,330
EQUIPMENT REPAIR, SERVICES$3,442,439$3,026,579$415,860
LIBRARY BOOKS PURCHASES$1,246,789$1,246,576$213
STUDENT RECRUITMENT$8,527,265$8,527,265

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,459,685TotalAmt
Program Services$560,418ProgramServicesAmt
Management And General$4,398,700ManagementAndGeneralAmt
Fundraising$500,567FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$683,292,025TotalAmt
Program Services$603,181,119ProgramServicesAmt
Management And General$72,510,649ManagementAndGeneralAmt
Fundraising$7,600,257FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,301,536BOYAmt
EOY$5,905,079EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$38,710,090BOYAmt
EOY$48,100,988EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$15,585,624BOYAmt
EOY$14,242,219EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$3,507,666BOYAmt
EOY$2,572,431EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,252,919BOYAmt
EOY$6,621,799EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$832,577,185LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$283,864,447LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$499,685,923BOYAmt
EOY$548,712,738EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$152,992,517BOYAmt
EOY$152,238,582EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$83,975,322BOYAmt
EOY$114,818,995EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$493,045,612BOYAmt
EOY$513,699,370EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,300,057,209BOYAmt
EOY$1,406,912,201EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$64,193,971BOYAmt
EOY$51,244,507EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$6,460,423BOYAmt
EOY$5,368,729EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$24,702,230BOYAmt
EOY$21,759,874EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$162,233,719BOYAmt
EOY$156,850,137EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$12,886,131BOYAmt
EOY$12,059,134EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$567,040,057BOYAmt
EOY$650,697,553EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$837,516,531BOYAmt
EOY$897,979,934EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$193,968,265BOYAmt
EOY$213,026,701EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$268,572,413BOYAmt
EOY$295,905,566EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$462,540,678BOYAmt
EOY$508,932,267EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,300,057,209BOYAmt
EOY$1,406,912,201EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$24,396,165ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$21,824,229NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$171,195OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersfalseVolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$127,101DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$523OtherActivitiesAmt
Total Lobbying Expenditures$127,624TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE C, PART II-B, LINE 1G - LOBBYING ACTIVITIESLOBBYING IS NOT A SUBSTANTIAL PART OF PACE UNIVERSITY'S OVERALL BUDGET. PACE UNIVERSITY 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 AFFECT 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).
SCHEDULE C, PART II-B, LINE 1I - OTHER LOBBYING ACTIVITIESUNIVERSITY 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 AND OTHER ISSUES.

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$652RevenuesIncludedAmt
Assets Included$3AssetsIncludedAmt
FieldValueIRS element (for citing)
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$232,404,376BeginningYearBalanceAmt
Contributions$2,321,165ContributionsAmt
Investment Earnings Or Losses$36,207,585InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,504,574GrantsOrScholarshipsAmt
Other Expenditures$4,330,388OtherExpendituresAmt
End Year Balance$262,098,164EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$210,436,818BeginningYearBalanceAmt
Contributions$2,254,474ContributionsAmt
Investment Earnings Or Losses$27,317,270InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,034,919GrantsOrScholarshipsAmt
Other Expenditures$3,569,268OtherExpendituresAmt
End Year Balance$232,404,375EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$250,615,147BeginningYearBalanceAmt
Contributions$6,347,980ContributionsAmt
Investment Earnings Or Losses-$25,711,021InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,952,685GrantsOrScholarshipsAmt
Other Expenditures$16,862,603OtherExpendituresAmt
End Year Balance$210,436,818EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$193,827,052BeginningYearBalanceAmt
Contributions$14,599,339ContributionsAmt
Investment Earnings Or Losses$64,091,011InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,385,180GrantsOrScholarshipsAmt
Other Expenditures$18,517,075OtherExpendituresAmt
End Year Balance$250,615,147EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$193,048,642BeginningYearBalanceAmt
Contributions$3,815,808ContributionsAmt
Investment Earnings Or Losses$8,107,993InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,434,014GrantsOrScholarshipsAmt
Other Expenditures$7,711,377OtherExpendituresAmt
End Year Balance$193,827,052EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.05590BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.48860PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.45550TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (true)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (true)RelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,453,325OtherCostOrOtherBasisAmt
Book Value$12,453,325BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$635,943,387OtherCostOrOtherBasisAmt
Depreciation$163,731,168DepreciationAmt
Book Value$472,212,219BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,402,339OtherCostOrOtherBasisAmt
Depreciation$24,191,144DepreciationAmt
Book Value$24,211,195BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$135,008,522OtherCostOrOtherBasisAmt
Depreciation$95,942,136DepreciationAmt
Book Value$39,066,387BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$769,612OtherCostOrOtherBasisAmt
Book Value$769,612BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$548,712,738TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
COMINGLED FUNDS$61,844,698F
ALT- INVESTMENTS- LONG/SHORT$7,786,287F
ALT- INVESTMENTS- LLP,LLC$45,188,010F
FieldValueIRS element (for citing)
Total Book Value Securities$114,818,995TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
FUNDS HELD BY BOND TRUSTEES$1,688,563
INVEST DESIGN FOR CONSTRUCTION$1,605,236
RIGHT OF USE ASSETS$510,405,571
FieldValueIRS element (for citing)
Total Book Value Other Assets$513,699,370TotalBookValueOtherAssetsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
LEASE LIABILITIES$612,509,552
ACCRUED PSTRETIRE. BEN. OBLG.$34,974,612
ASSET RETIREMENT OBLIGATION$3,213,389
FieldValueIRS element (for citing)
Total Liability$650,697,553TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$495,329,740TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$21,824,229NetUnrealizedGainsInvstAmt
Other Revenue$171,195OtherRevenueAmt
Revenue Not Reported$21,995,424RevenueNotReportedAmt
Revenue Subtotal$473,334,316RevenueSubtotalAmt
Investment Expenses Not Incld$1,180,066InvestmentExpensesNotIncldAmt
Other Revenues Not Included$233,173,808OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$234,353,874RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$707,688,190TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$448,938,151TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,821,636OtherExpensesIncludedAmt
Expenses Not Reported$1,821,636ExpensesNotReportedAmt
Expenses Subtotal$447,116,515ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,180,066InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$234,995,444OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$236,175,510ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$683,292,025TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, LINE 3A - COLLECTION OF ARTPACE 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 ART COLLECTIONS IS NOT MATERIAL TO THE UNIVERSITY AS A WHOLE, THE FOOTNOTES TO THE UNIVERSITY'S FINANCIAL STATEMENTS DO NOT INCLUDE RELATED TEXT.
SCHEDULE D, PART V - INTENDED USES OF ENDOWMENT FUNDSTHE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 465 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.
SCHEDULE D, PART IX - OTHER ASSETSTHE BOARD OF TRUSTEES DESIGNATED FUNDS PRIMARILY FOR THE CONSTRUCTION OF A MASTER PLAN FOR THE CAMPUS LOCATED IN NEW YORK CITY. AS OF JUNE 30, 2024, THERE IS $1,605,236 IN INVESTMENTS DESIGNATED FOR CONSTRUCTION, ALL OF WHICH CONSISTS OF CASH AND CASH EQUIVALENTS. UNDER A NEW LEASE ACCOUNTING STANDARD, THE UNIVERSITY HAS ACCOUNTED FOR THE RIGHT OF USE ASSETS ON ITS BALANCE SHEET THAT ARISE FROM ITS LEASES.
SCHEDULE D, PART X - OTHER LIABILITIESINCOME GENERATED THAT IS UNRELATED TO THE UNIVERSITY'S EXEMPT PURPOSE IS SUBJECT TO TAX. THE UNIVERSITY BELIEVES IT DID NOT HAVE ANY MATERIAL TAX LIABILITY NOR ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR THE YEAR ENDING JUNE 30, 2024. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE UNIVERSITY'S FINANCIAL STATEMENTS. UNDER A NEW LEASE ACCOUNTING STANDARD, THE UNIVERSITY HAS ACCOUNTED FOR THE LEASE LIABILITIES ON ITS BALANCE SHEET THAT ARISE FROM ITS LEASES.
SCH D, PART XI, LINE 2D-OTHER AMOUNTS INCLUDED IN BOOKS BUT NOT IN RETURNCHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $171,195
SCH D, PART XI, LINE 4B-OTHER AMOUNTS INCLUDED IN RETURN BUT NOT IN BOOKSSCHOLARSHIPS OF $234,995,444 LESS SPECIAL EVENTS EXPENSE OF ($801,704) AND RENT EXPENSE ($1,019,932)
SCH D, PART XII, LN 2D-OTHER EXPENSES INCLUDED IN BOOKS BUT NOT IN RETURNSPECIAL EVENTS EXPENSE OF $801,704 AND RENT EXPENSE OF $1,019,932
SCH D, PART XII, LN 4B-OTHER EXPENSES INCLUDED IN RETURN BUT NOT IN BOOKSSCHOLARSHIPS OF $234,995,444

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCH E, PART I, LN 3 NONDISCRIMINATORY POLICY-STUDENTS' SOLICITATION MTRLSTHE ENROLLMENT MARKETING TEAM AND THE UNIVERSITY'S RELATIONS MARKETING TEAM ARE FULLY KNOWLEDGEABLE OF THE REQUIREMENTS OF THE UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY AND ENSURE THAT APPROPRIATE POLICY LANGUAGE IS INCLUDED IN ALL PROMOTIONAL MATERIALS.
SCHEDULE E, PART I, LINE 6A - FINANCIAL AID FROM GOVERNMENTAL AGENCIESTHE UNIVERSITY PARTICIPATES IN STUDENT FINANCIAL AID PROGRAMS THROUGH THE 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 AND SCHOLARSHIPS FOR DISADVANTAGED STUDENTS).

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmtOfficesOfficesCntEmployeeEmployeeCnt
Central America and the CaribbeanProgram ServicesConferences,Dues,Other$2,500
East Asia and the PacificProgram ServicesConferences,Dues,Other$7,000
Europe (Including Iceland and Greenland)Program ServicesConferences,Dues,Other$50,346
Middle East and North AfricaProgram ServicesConferences,Dues,Other$8,439
Russia and the Newly Independent StatesProgram ServicesConferences,Dues,Other$15,487
South AsiaProgram ServicesConferences,Dues,Other$49,386
East Asia and the PacificProgram ServicesRecruitment$272,87802
Europe (Including Iceland and Greenland)Program ServicesRecruitment$3,438,76402
Middle East and North AfricaProgram ServicesRecruitment$234,30302
North AmericaProgram ServicesRecruitment$3,460
Russia and the Newly Independent StatesProgram ServicesRecruitment$2,50001
South AmericaProgram ServicesRecruitment$4,406
South AsiaProgram ServicesRecruitment$1,527,856015
Sub-Saharan AfricaProgram ServicesRecruitment$32,96701
Central America and the CaribbeanProgram ServicesStudy Abroad$19,550
Europe (Including Iceland and Greenland)Program ServicesStudy Abroad$879,938
South AsiaProgram ServicesStudy Abroad$16,500
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees23SubtotalEmployeesCnt
Total Office0TotalOfficeCnt
Total Employee23TotalEmployeeCnt
Subtotal Spent$6,585,469SubtotalSpentAmt
Total Spent$6,585,469TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesYes (true)BoycottCountriesInd

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
Ruffalo Noel Levitz
1025 KIRKWOOD PARKWAY SWCEDAR RAPIDSIA52404Tele- FUNDRAIsingfalse$129,755$351,385-$221,630
Stelter
10435 NEW YORK AVENUEDes MoinesIA50322Strategyfalse$0$17,424-$17,424
Orr Group
3000 K STREETNW SUITE E280WashingtonDC20007Consultingfalse$0$163,350-$163,350
FieldValueIRS element (for citing)
Total Gross Receipts$129,755TotalGrossReceiptsAmt
Total Retained By Contractors$532,159TotalRetainedByContractorsAmt
Total Net To Organization-$402,404TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesMTLicensedStatesCd
Licensed StatesNELicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVTLicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWILicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1SOPAEvent1Nm
Gross Receipts Event1$1,018,871GrossReceiptsEvent1Amt
Charitable Contri Event1$786,351CharitableContriEvent1Amt
Gross Revenue Event1$232,520GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$1,199NonCashPrizesEvent1Amt
Rent Facility Costs Event1$0RentFacilityCostsEvent1Amt
Food And Beverage Event1$178,935FoodAndBeverageEvent1Amt
Entertainment Event1$84,819EntertainmentEvent1Amt
Other Direct Expenses Event1$28,326OtherDirectExpensesEvent1Amt
Event2PWJC-FALLEvent2Nm
Gross Receipts Event2$400,887GrossReceiptsEvent2Amt
Charitable Contri Event2$256,438CharitableContriEvent2Amt
Gross Revenue Event2$144,449GrossRevenueEvent2Amt
Cash Prizes Event2$0CashPrizesEvent2Amt
Non Cash Prizes Event2$0NonCashPrizesEvent2Amt
Rent Facility Costs Event2$0RentFacilityCostsEvent2Amt
Food And Beverage Event2$2,868FoodAndBeverageEvent2Amt
Entertainment Event2$115,000EntertainmentEvent2Amt
Other Direct Expenses Event2$101,405OtherDirectExpensesEvent2Amt
Other Events Total15OtherEventsTotalCnt
Gross Receipts Other Events$887,811GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$719,943CharitableContriOtherEventsAmt
Gross Revenue Other Events$167,868GrossRevenueOtherEventsAmt
Cash Prizes Other Events$0CashPrizesOtherEventsAmt
Non Cash Prizes Other Events$14,154NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$23,299RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$149,009FoodAndBeverageOtherEventsAmt
Entertainment Other Events$8,486EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$94,204OthDirectExpnssOtherEventsAmt
Gross Receipts Total$2,307,569GrossReceiptsTotalAmt
Charitable Contributions Tot$1,762,732CharitableContributionsTotAmt
Gross Revenue Total Events$544,837GrossRevenueTotalEventsAmt
Cash Prizes Total Events$0CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$15,353NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$23,299RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$330,812FoodAndBeverageTotalEventsAmt
Entertainment Total Events$208,305EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$223,935OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$801,704DirectExpenseSummaryEventsAmt
Net Income Summary-$256,867NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient10688RecipientCnt
Non Cash Assistance$234,995,444NonCashAssistanceAmt
Valuation Method UsedBOOKValuationMethodUsedDesc
Non Cash AssistanceTUITION REDUCTIONNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMONITORING USE OF GRANT FUNDS IN THE USFormAndLineReferenceDesc
ExplanationTHE 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 VERIFIES THE ACADEMIC ACHIEVEMENTS AND THE PERSONAL INCOME DATA PROVIDED FOR ON THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) OF EACH STUDENT TO DETERMINE THE AMOUNT OF AID AWARDED ON AN AS NEEDED BASIS. 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.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Payments For Use Of ResidenceYes (X)PaymentsForUseOfResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (34 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARVIN KRISLOV
TRUSTEE, PRESIDENT$630,519$0$79,430$0$1,799$0$64,700$0$339,300$0$1,115,748$0$0$0
ROBERT C ALMON
EVP & CFO$425,601$0$3,000$0$1,236$0$29,700$0$36,124$0$495,661$0$0$0
LAWRENCE SINGLETON
DEAN, LUBIN SCHOOL OF BUSINESS$371,222$0$3,000$0$762$0$29,700$0$53,337$0$458,021$0$0$0
HORACE ANDERSON
DEAN, SCHOOL OF LAW$366,759$0$3,000$0$0$0$29,700$0$54,297$0$453,756$0$0$0
LAUREN BIRNEY
PROFESSOR$318,435$0$3,000$0$258$0$20,623$0$19,126$0$361,442$0$0$0
GARY LAERMER
VP DEV & ALUM RLTNS$383,265$0$3,000$0$1,002$0$29,700$0$19,974$0$436,941$0$0$0
JOSEPH A CAPPARELLI
VP FIN, CONTROLLER & CCO$330,360$0$3,000$0$47,764$0$29,700$0$48,710$0$459,534$0$0$0
JONATHAN HILL
DEAN, SEIDENBERG SCHOOL$307,809$0$3,000$0$0$0$29,262$0$104,626$0$444,697$0$0$0
BRIDGET CRAWFORD
PROFESSOR$321,546$0$3,000$0$0$0$27,791$0$39,174$0$391,511$0$0$0
TRESMAINE GRIMES
DEAN, DYSON,INTERIM DEAN SANDS$326,633$0$3,000$0$396$0$29,700$0$19,126$0$378,855$0$0$0
NIRA HERRMANN
FORMER DEAN, DYSON COLLEGE$273,215$0$3,000$0$1,986$0$24,589$0$910$0$303,700$0$0$0
ROBINA C SCHEPP
VP FOR ENROLLMENT & PLACEMENT$320,797$0$3,000$0$762$0$29,252$0$19,126$0$372,937$0$0$0
JASON CZARNEZKI
PROFESSOR$316,569$0$3,000$0$90$0$26,262$0$19,126$0$365,047$0$0$0
MARY BAGLIVO
FORMER VP UNIV RELATIONS$154,403$0$3,000$0$413$0$14,102$0$10,360$0$182,278$0$0$0
HARRIET R FELDMAN
FRMR DEAN, COLLEGE HEALTH PROF$121,984$0$3,000$0$1,064$0$15,096$0$13,751$0$154,895$0$0$0
IBOLYA YOLAS
VP UNIV FACILITIES & CAP PROJ$267,680$0$3,000$0$258$0$25,063$0$33,031$0$329,032$0$0$0
RICHARD SCHLESINGER
FRMR DEAN, DYSON COLLEGE$227,207$0$3,000$0$1,236$0$21,421$0$33,031$0$285,895$0$0$0
JEAN C GALLAGHER
VP STRATEGIC INITIATIVES$219,922$0$3,000$0$438$0$21,533$0$51,760$0$296,653$0$0$0
CINDY HEILBERGER
VP FOR CORPORATE SECRETARY$253,558$0$3,000$0$762$0$30,934$0$19,126$0$307,380$0$0$0
LEILA FRANCHI
FORMER VP FOR UNIV RELATIONS$200,256$0$3,000$0$396$0$16,923$0$48,710$0$269,285$0$0$0
THOMAS M BRADY
TREASURER$200,975$0$3,000$0$840$0$18,088$0$910$0$223,813$0$0$0
MARCUS TYE
DEAN, COLLEGE OF HEALTH PROF$304,009$0$3,000$0$258$0$28,548$0$36,124$0$371,939$0$0$0
SUSAN DONAHUE
FRMR INTM, AVP HR TILL 9/21$160,278$0$3,000$0$258$0$15,750$0$46,864$0$226,150$0$0$0
SONIA SUCHDAY
TRUSTEE, FT FACULTY MEMBER$195,724$0$3,000$0$258$0$16,482$0$17,544$0$233,008$0$0$0
JOSEPH MORREALE
PROFESSOR$188,578$0$3,000$0$265,640$0$21,251$0$14,084$0$492,553$0$0$0
NICOLE THOMPSON
SENIOR VP OPERATIONS$314,786$0$3,000$0$10,419$0$38,688$0$21,862$0$388,755$0$0$0
JOSEPH FRANCO
PROVOST, EVP ACADEMIC AFFAIRS$419,434$0$3,000$0$396$0$50,725$0$22,176$0$495,731$0$0$0
BERNARD DUFRESNE
INTERIM AVP, CDO THRU JUL 2023$194,961$0$3,000$0$114$0$15,486$0$34,633$0$248,194$0$0$0
JEFFREY BARNETT
VP STUDENT AFFR AND DEAN$207,221$0$3,000$0$4,731$0$5,906$0$49,059$0$269,917$0$0$0
NILA BHAUMIK
VP FOR HUMAN RESOURCES$258,211$0$3,000$0$1,796$0$23,792$0$5,988$0$292,787$0$0$0
BETH GORDON
VP IT AND CIO$261,735$0$3,000$0$378$0$23,575$0$21,626$0$310,314$0$0$0
LISA VALENTINO
FRMR INTERIM VP/GC (10/1-4/30)$251,716$0$3,000$0$138$0$21,431$0$17,106$0$293,391$0$0$0
JOSEPH F RYAN
PROFESSOR$155,609$0$3,000$0$209,020$0$16,684$0$12,751$0$397,064$0$0$0
TERRYL BROWN
VP AND GENERAL COUNSEL$202,950$0$0$0$264$0$0$0$13,250$0$216,464$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
HOURS, PART VII AND SCHEDULE JCOMPENSATION TO FORMER OFFICERS AND FORMER KEY EMPLOYEES IS BASED ON THEIR RESPECTIVE FACULTY POSITION HELD AT PACE UNIVERSITY DURING THE CALENDAR YEAR 2023. THE AVERAGE HOURS PER WEEK FOR FULL FACULTY POSITION IS 40 HOURS.
SCHEDULE J, PART I, LINE 1A AND 1BTHE PRESIDENT'S EMPLOYMENT CONTRACT PROVIDES AS A CONDITION OF HIS EMPLOYMENT AS PRESIDENT, THAT HE RESIDE IN CLOSE PROXIMITY TO ITS NYC CAMPUS FOR THE BENEFITS AND CONVENIENCE OF THE UNIVERSITY IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED. THE PRESIDENT'S CONTRACT FURTHER REQUIRES FOR THE CONVENIENCE OF THE UNIVERSITY THAT HIS RESIDENCE BE AVAILABLE AND SHALL BE USED, FOR THE UNIVERSITY-RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. IN ADDITION, THE PRESIDENT'S CONTRACT PROVIDES THAT THE UNIVERSITY SHALL PAY FOR ALL MAINTENANCE AND OPERATING EXPENSES, INCLUDING GENERAL MAINTENANCE, HOUSEKEEPING, AND ALL UTILITIES INCLUDING TELEPHONE, CABLE, INTERNET, ELECTRIC, GAS, AND WATER. IN ACCORDANCE WITH THE PRESIDENT'S CONTRACT, THE UNIVERSITY ALSO PAYS FOR THE PRESIDENT'S USE OF A RECENT MODEL AUTOMOBILE AND A FULL TIME DRIVER TO ASSIST HIM IN IMPLEMENTING HIS DUTIES ON BEHALF OF THE UNIVERSITY, AS WELL AS ANNUAL DUES AND MEMBERSHIP FEES FOR SOCIAL CLUBS TO FACILITATE THE PRESIDENT'S FUNDRAISING, DEVELOPMENT AND RECRUITING EFFORTS ON BEHALF OF THE UNIVERSITY. THESE COSTS ARE TREATED AS NONTAXABLE BENEFITS TO THE PRESIDENT. SHORT TERM HOUSING ALLOWANCES ARE OCCASIONALLY PROVIDED PER INITIAL HIRING AGREEMENTS AND ARE TREATED AS TAXABLE COMPENSATION. 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.
SCHEDULE J, PART I, LINE 4AA SEVERANCE PAYMENT OF $265,640 WAS MADE DURING THE REPORTING PERIOD TO JOSEPH MORREALE. A SEVERANCE PAYMENT OF $207,956 WAS MADE DURING THE REPORTING PERIOD TO JOSEPH RYAN. THESE AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III).
SCHEDULE J, PART I, LINE 4BTERMS & CONDITIONS OF SUPPLEMENTAL RETIREMENT PLAN AND PAYMENT FOR 2023: DURING 2022, THE UNIVERSITY ENTERED INTO A DEFERRED COMPENSATION AGREEMENT WITH THE PRESIDENT. UNDER THE PLAN, THE ORGANIZATION DEPOSITED $35,000 TO THE PRESIDENT'S DEFERRED COMPENSATION ACCOUNT EACH JUNE 30TH FROM JUNE 30, 2023 THROUGH JUNE 30, 2027. SUCH AMOUNTS VEST OVER THE COURSE OF THE AGREEMENT SO LONG AS THE PRESIDENT REMAINS CONTINUOUSLY EMPLOYED BY THE UNIVERSITY THROUGH JUNE 30, 2027. FOR CALENDAR YEAR 2023, THE RATABLE ACCRUAL OF $35,000 IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C).

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
A146000293649907JB92013-03-07$104,775,845REFUND A PORTION OF THE OUTSTANDINYes (true)falsefalse
WESTCHESTER COUNTY LOCAL DEVELOPMENT
B45513557895737TBD72014-04-03$99,996,810FINANCE UNIVERSITY CONSTRUCTIONfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$41,625,000$685,000$105,306,750$0$0$0$957,351$0$0$33,310,261$70,752,695$02016Yes (true)falsefalseYes (true)
B$0$0$100,164,469$0$5,970,794$0$1,967,779$0$0$92,225,896$0$02018falsefalseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndChange In Use Bond Financed PropChangeInUseBondFinancedPropPctRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)Yes (true)Yes (true)0.000000.000000.00000falseYes (true)0.25200Yes (true)Yes (true)
BfalsefalseYes (true)Yes (true)Yes (true)Yes (true)0.000000.000000.00000falsefalsefalsefalse

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalseYes (true)falsefalsefalse0Yes (true)Yes (true)
0
BfalsefalseYes (true)falsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K, PART I, LINE A, COLUMN(F)THE 2013 BONDS WERE ISSUED TO REFUND BONDS ISSUED ON BEHALF OF THE UNIVERSITY ON JUNE 1, 2005, WHICH 2005 BONDS IN TURN REFUNDED BONDS ISSUED IN 1997 AND 2000. THE 2013 BONDS WERE ALSO USED TO FINANCE CERTAIN UNIVERSITY NEW MONEY PROJECTS.
SCHEDULE K, PART II, LINE 3 BONDS PROCEEDS AND CURRENT VALUESTOTAL PROCEEDS OF ISSUE COLUMN A FOR THE DORMITORY AUTHORITY OF THE STATE OF NEW YORK BOND (DASNY) 2013A-- THE AMOUNT ON LINE 3 REPRESENTS ORIGINAL ISSUE PRICE OF $104,775,845 (INCLUDING $95,840,000 OF PRINCIPAL AND $8,935,845 OF PREMIUM) AND ACCUMULATED EARNINGS ON THE RELATED CONSTRUCTION FUND THROUGH JUNE 30, 2024 OF $530,905. THE OUTSTANDING PRINCIPAL IS $53,530,000 AS OF JUNE 30, 2024. FOR THE YEAR ENDED JUNE 30, 2016, THE UNIVERSITY SOLD A PROPERTY PARTIALLY FUNDED BY CERTAIN PROCEEDS OF THE DASNY BOND ISSUE. AS A RESULT, THE UNIVERSITY INITIATED A LEGAL DEFEASANCE WHERE $1,570,000 OF THE OUTSTANDING DASNY SERIES 2013A (TAX EXEMPT) BONDS AND RELATED INTEREST COSTS OF $397,391 WERE PLACED IN ESCROW IN ORDER TO PAY THE BOND HOLDERS THE AMOUNT REQUIRED TO TAKE REMEDIAL ACTION. THE DEFEASANCE RESULTED IN THE UNIVERSITY'S LEGAL RELEASE OF $1,570,000 OF THE BOND OBLIGATION. THE ONLY BONDS ALLOCABLE TO THE PROPERTY SOLD WERE THOSE ISSUED TO REFINANCE BONDS ORIGINALLY ISSUED PRIOR TO 2003. DASNY AND THE UNIVERSITY TOOK A REMEDIAL ACTION IN ACCORDANCE WITH SECTIONS 1.141-12 AND 1.145-2 OF THE REGULATIONS. FOR THE YEAR ENDED JUNE 30, 2017, THE UNIVERSITY SOLD A PROPERTY PARTIALLY FUNDED BY CERTAIN PROCEEDS OF THE DASNY BOND ISSUE. EXCEPT FOR AN AMOUNT THAT IS LESS THAN 1 PERCENT OF THE 2013 BONDS, THE 2013 BONDS ALLOCABLE TO THE PROPERTY SOLD WERE THOSE ISSUED TO REFINANCE BONDS ORIGINALLY ISSUED PRIOR TO 2003. DASNY AND THE UNIVERSITY TOOK AN 'ALTERNATIVE USE OF DISPOSITION PROCEEDS" REMEDIAL ACTION IN ACCORDANCE WITH SECTIONS 1.141-12 AND 1.145-2 OF REGULATIONS. COLUMN B FOR THE WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION BOND 2014A AND B THE AMOUNT ON LINE 3 REPRESENTS ORIGINAL ISSUE PRICE OF $100,590,000 LESS THE ORIGINAL DISCOUNT OF $593,190 PLUS THE ACCUMULATED EARNINGS OF $167,659. THE OUTSTANDING PRINCIPAL IS $100,590,000 AS OF JUNE 30, 2024.
SCHEDULE K, PART II, LINE 7 - ISSUANCE COSTS FROM PROCEEDSTHE AMOUNT IN LINE 7 IN COLUMNS A AND B REPRESENT COSTS OF ISSUANCE SUBJECT TO THE TWO PERCENT LIMIT OF CODE SECTION 147(G).
SCHEDULE K, PART II, LINE 13 - YEAR OF SUBSTANTIAL COMPLETIONCOLUMN A - THE SERIES 2013A DORMITORY AUTHORITY OF THE STATE OF NEW YORK BONDS WERE ISSUED AS MULTIPURPOSE BONDS IN ACCORDANCE WITH THE PROVISIONS OF SECTION 1.148-9(H) OF THE TREASURY REGULATIONS, PARTLY FOR THE PURPOSE OF REFUNDING THE 2005A BONDS, ORIGINALLY ISSUED PRIOR TO THE EFFECTIVE DATE OF PART III (REFUNDING PORTION), AS WELL AS FOR THE PURPOSE OF PROVIDING FUNDING FOR NEW CAPITAL PROJECTS (NEW MONEY). PART III IS THEREFORE ONLY COMPLETED FOR THE NEW MONEY EXCEPT FOR PART 3, LINE 8 WHICH IS COMPLETED FOR BOTH. THE COMPLETION DATE IN PART II, LINE 13, AND THE "NO" ANSWER TO LINE 16, REFERS TO THE NEW MONEY PORTION.
SCHEDULE K, PART II, LINE 16 COLUMN ATHE ALLOCATION FOR THESE BONDS WAS FINALIZED WITH RESPECT TO THE ORIGINAL PROCEEDS, BUT DUE TO THE ASSET SALE AND ALTERNATIVE USE OF DISPOSITION PROCEEDS DESCRIBED ABOVE, THE ALLOCATION OF THE DISPOSITION PROCEEDS HAS NOT BEEN FINALIZED. COLUMN B - THE SERIES 2014A AND B WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION BONDS WERE ISSUED TO FINANCE THE UNIVERSITY'S DESIGN, RENOVATION, CONSTRUCTION, EQUIPPING, AND/OR FURNISHING CERTAIN FACILITIES INCLUDING TECHNOLOGY IMPROVEMENTS AND FUND THE COST OF THE BOND'S ISSUANCE AND INTEREST COST DURING THE CONSTRUCTION PERIOD. THEREFORE, PART III HAS BEEN COMPLETED FOR THE BOND'S PURPOSE OF FUNDING FOR NEW CAPITAL PROJECTS.
SCHEDULE K, PART III, LINE 4 AND 5 - PRIVATE BUSINESS USETHE PERCENTAGE OF FINANCE PROPERTY USED IN A PRIVATE BUSINESS USE BY THE ENTITIES OTHER THAN A SECTION 501(C)(3) ORGANIZATION OR A STATE OR LOCAL GOVERNMENT AND THE PERCENTAGE OF FINANCED PROPERTY USED IN A PRIVATE BUSINESS USE AS A RESULT OF UNRELATED TRADE OR BUSINESS ACTIVITY CARRIES ON BY THE UNIVERSITY, ANOTHER 501(C)(3) ORGANIZATION OR STATE OR LOCAL GOVERNMENT, IS ZERO.
SCHEDULE K, PART IV, LINE 6 - ARBITRAGEIN CONNECTION WITH THE AFOREMENTIONED REMEDIAL ACTION AND LEGAL DEFEASANCE OF 2013A BONDS, FUNDS OF THE UNIVERSITY WERE INVESTED IN A YIELD RESTRICTED DEFEASANCE ESCROW, AND THUS WERE INVESTED BEYOND ANY APPLICABLE TEMPORARY PERIOD. LINE 2C- THE REBATE COMPUTATION WAS PERFORMED ON 3/7/2018 FOR 2013 AND 4/3/2019 FOR 2014.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (20 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
SUBSTANTIAL CONTRIBUTOR
VENDOR$15,717,359CONSTRUCTIONfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$10,785,356JANITORIAL SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$10,323,082SECURITY SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$2,335,978FURNITUREfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$1,856,392CONSULTINGfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$1,092,175BUILDING DESIGN CONSULTANTSfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$910,311CONSTRUCTIONfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$677,745CONSTRUCTIONfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$466,000AUDITINGfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$424,100AIR CONDITIONING SERVICEfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$397,501CONSTRUCTIONfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$350,774CONSTRUCTIONfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$319,331CONSTRUCTIONfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$299,000AUDITING AND TAX SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$286,917PLUMBINGfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$217,490CONSTRUCTIONfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$185,196PACE TRANSPORTATION FLEETLEASEfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$163,014FIRE ALARM/SECURITYfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$162,180ELEVATOR SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$128,000ENGINEERING CONSULTANTfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART IV, COLUMN AFormAndLineReferenceDesc
ExplanationTHE NAMES OF SUBSTANTIAL CONTRIBUTORS HAVE NOT BEEN PRESENTED ON SCHEDULE L. SUCH INFORMATION IS PRESENTED ELSEWHERE WITHIN FORM 990 AND/OR IS NOT CONSIDERED PUBLIC INFORMATION SIMILAR TO INFORMATION INCLUDED ON SCHEDULE B.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution652ContributionCnt
Noncash Contributions Rpt F990$3NoncashContributionsRptF990Amt
Method Of Determining RevenuesValued $1 per GiftMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution21ContributionCnt
Noncash Contributions Rpt F990$871,656NoncashContributionsRptF990Amt
Method Of Determining RevenuesQuoted PricesMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Equipment3$126,242Retail Value
Yes (X)Supplies4$3,625Retail Value
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PART I, COLUMN BFormAndLineReferenceDesc
ExplanationPACE UNIVERSITY USES A COMBINATION OF REPORTING THE NUMBER OF CONTRIBUTIONS AND THE NUMBER OF ITEMS RECEIVED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11A, REVIEW PROCESSTHE FORM 990 IS PREPARED BY THE UNIVERSITY'S VICE PRESIDENT AND CONTROLLER AS ASSISTED BY VARIOUS OTHER STAFF MEMBERS IN THE FINANCE AND PLANNING DEPARTMENT. THE PREPARED FORM IS REVIEWED BY THE UNIVERSITY'S PRESIDENT, CHIEF FINANCIAL OFFICER AND IN-HOUSE LEGAL COUNSEL AS WELL AS PWC US TAX, LLP THE UNIVERSITY'S OUTSIDE TAX ADVISORS. A DRAFT FORM 990 IS THEN PRESENTED TO THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL, FOLLOWED BY DISTRIBUTION OF THE FINAL COPY OF FORM 990 TO ALL MEMBERS OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12CCOMPLIANCE WITH CONFLICT OF INTEREST POLICY CONFLICT OF INTEREST POLICY DISCLOSURE FORMS (THE "DISCLOSURE FORMS") ARE ANNUALLY SUBMITTED TO AND RETRIEVED FROM THE UNIVERSITY'S TRUSTEES, OFFICERS, DEANS AND KEY EMPLOYEES. THE DISCLOSURE FORMS FOR OFFICERS, DEANS AND KEY EMPLOYEES ARE REVIEWED BY THE VICE PRESIDENT OF HUMAN RESOURCES AND UNIVERSITY IN-HOUSE LEGAL COUNSEL. POTENTIAL OFFICER, DEAN AND KEY EMPLOYEE CONFLICTS ARE VETTED WITH SUPERVISORS IN CONSULTATION WITH THE VICE PRESIDENT OF HUMAN RESOURCES AND UNIVERSITY'S IN-HOUSE LEGAL COUNSEL. THE DISCLOSURE FORMS FOR THE TRUSTEES ARE REVIEWED BY UNIVERSITY IN-HOUSE LEGAL COUNSEL, WHO PREPARES A SPREADSHEET LISTING POTENTIAL TRUSTEE CONFLICTS FOR REVIEW BY THE BOARD'S COMMITTEE OF TRUSTEES. THIS LISTING IS USED AS (1) A GUIDE TO ENSURE THAT CONFLICTED TRUSTEES ARE RECUSED FROM DISCUSSIONS AND VOTING WHEN APPROPRIATE AND (2) INPUT TO ASSESS DISCLOSURES IN THE UNIVERSITY'S FORM 990.
FORM 990, PART VI, SECTION B, LINE 15PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES EACH YEAR, THE CHAIR OF THE UNIVERSITY'S BOARD OF TRUSTEES REQUESTS THE HUMAN RESOURCES DEPARTMENT TO COLLECT COMPARATIVE PRESIDENTIAL COMPENSATION DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR), AS WELL AS PUBLISHED FORM 990 DATA FROM SUCH SOURCES AS THE CHRONICLE OF HIGHER EDUCATION, AS A BASIS IN SETTING THE ANNUAL COMPENSATION OF THE PRESIDENT OF THE UNIVERSITY FOR THE UPCOMING YEAR. WITH RESPECT TO OTHER UNIVERSITY OFFICERS, DEANS AND KEY EMPLOYEES, EACH YEAR PRIOR COMPARABILITY DATA FROM PEER INSTITUTIONS IS COLLECTED AND SUMMARIZED FOR REVIEW BY THE PRESIDENT (NINE COMPARABLE DOCTORAL CLASS INSTITUTIONS OF SIMILAR SIZE, SCOPE AND ORGANIZATIONAL COMPLEXITY, LOCALLY AND NATIONALLY, USED AS COMPARATORS FOR SEVERAL ACADEMIC AND FINANCIAL SCOPES ACROSS THE UNIVERSITY). THIS DATA OBTAINED VIA SURVEY IS USED BY THE PRESIDENT TO PRESENT COMPENSATION ADJUSTMENTS TO THE UNIVERSITY'S INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPETITIVE DATA OBTAINED IS ALSO USED WHEN 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 SURROUNDING DISCUSSIONS AND DECISIONS IS PREPARED BY THE SPECIAL ASSISTANT TO THE BOARD OF TRUSTEES AND FILED WITH THE UNIVERSITY ARCHIVIST, ALONG WITH THE RELATED MINUTES OF THE MEETINGS FOR HISTORICAL RECORD. THE UNIVERSITY FURTHER HAS A ROBUST PERFORMANCE EVALUATION PROCESS IN PLACE, THE RESULTS OF WHICH ARE CONSIDERED DURING THE COMPENSATION DETERMINATION PROCESS. THE UNIVERSITY'S PRESIDENT DOES NOT TAKE PART IN BOARD VOTING RELATING TO MATTERS INVOLVING HIS COMPENSATION, BENEFITS AND OTHER TERMS AND CONDITIONS OF HIS EMPLOYMENT, OR PARTICIPATE IN OR ATTEND BOARD MEETINGS AND DISCUSSIONS RELATING THERETO, EXCEPT AT TIMES WHEN RESPONDING TO QUESTIONS FROM THE COMPENSATION COMMITTEE.
FORM 990, PART V, LINE 4A AND 4B, FINANCIAL ACCOUNTS IN A FOREIGN COUNTRYTHE UNIVERSITY'S FINANCIAL HOLDINGS IN ANY FOREIGN COUNTRY ARE LIMITED TO EQUITY INTERESTS IN COMMINGLED INVESTMENT VEHICLES. ACCORDINGLY, THE UNIVERSITY IS NOT REQUIRED TO FILE FINCEN REPORT 114 (FORMERLY FORM TD F 90-22.1) REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS.
FORM 990, PART VI, SECTION C, LINE 19AVAILABILITY OF GOVERNING AND OTHER DOCUMENTS TO THE PUBLIC THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND THE 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.
FORM 990, PART III, LINE 4, OTHER PROGRAM SERVICE ACTIVITIESA DESCRIPTION OF THE UNIVERSITY'S OTHER SIGNIFICANT PROGRAM SERVICE ACTIVITIES ARE AS FOLLOWS: ACADEMIC SUPPORT - TO PROVIDE FACILITIES AND PERSONNEL TO SUPPORT INSTRUCTIONAL STAFF IN EDUCATIONAL EFFORTS SUCH AS LIBRARIES, ACADEMIC COMPUTER CENTERS, AUDIO VISUAL AIDS, ETC. STUDENT SERVICES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS ADMISSIONS, REGISTRATION, COUNSELING, CAREER PLANNING, AND SOCIAL AND CULTURAL ACTIVITIES. RESEARCH - TO SUPPORT ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE UNIVERSITY OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE UNIVERSITY.
FORM 990, PART XI, LINE 9, OTHER CHANGES IN NET ASSETSCHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $171,195.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
PACE ENVIRONMENTAL LITIGATION CLINIC
78 NORTH BROADWAYWHITE PLAINSNY10603133709483EDUCATIONNY501(C)(3)12(A)NAYes (true)
JOHN JAY LEGAL SERVICES INC
80 NORTH BROADWAYWHITE PLAINSNY10603133403308EDUCATIONNY501(C)(3)12(A)NAYes (true)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIV FUND LPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 HIGH STAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd
FieldValueIRS element (for citing)
EIN463422188EIN
Primary ActivitiesINVESTMENTSPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeEXCLUDEDPredominantIncomeTypeTxt
Share Of Total Income$21,225,563ShareOfTotalIncomeAmt
Share Of EOY Assets$240,647,515ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
UBI Code V$102,137UBICodeVAmt
General Or Managing PartnerfalseGeneralOrManagingPartnerInd
Ownership0.99999OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER UNITRUST (1)
TRUST DISTRIBNYPACE UNIVERSITYTfalse
POOLED LIFE INCOME FUND (1)
TRUST DISTRIBNYPACE UNIVERSITYTfalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITY FUND LPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction Type1CTransactionTypeTxt
Involved$4,300,000InvolvedAmt
Method Of Amount DeterminationBOOKMethodOfAmountDeterminationTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE R, PART III - RELATED ORGANIZATION TAXABLE PARTNERSHIPFormAndLineReferenceDesc
ExplanationPACE UNIVERSITY FUND, LP (PACE FUND) IS A LIMITED PARTNERSHIP, WHICH COMMENCED OPERATIONS ON DECEMBER 4, 2013, IN WHICH THE UNIVERSITY IS THE SOLE LIMITED PARTNER AND CAMBRIDGE ASSOCIATES RESOURCES, LLC IS THE GENERAL PARTNER. THE PARTNERSHIP ACTS AS AN INVESTMENT VEHICLE FOR A SIGNIFICANT PORTION OF THE UNIVERSITY'S ENDOWMENT. THE PACE FUND IS RECORDED AT NET ASSET VALUE AT JUNE 30, 2024.ExplanationTxt