2024-03-12T19:35:42-05:00 2023-05-31 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2022-06-01 340714681 JOHN CARROLL UNIVERSITY % ROBERT F CONNORS JOHN 2163971886 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 ROBERT CONNORS VP FINANCE AND ADMIN 2163974273 2023-11-15 true LAURI STRIMKOVSKY 999009999 Lauren R Denton P01571860 2604604000 2 2022 2023-04-26 12:10:37Z ALAN R MICIAK PHD 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 194978102 false X WWW.JCU.EDU X 1886 OH AS ONE OF 27 JESUIT CATHOLIC UNIVERSITIES IN THE USA, JOHN CARROLL UNIVERSITY'S MISSION IS TO INSPIRE INDIVIDUALS TO EXCEL IN LEARNING, LEADERSHIP, AND SERVICE. 50 48 1876 892 26755 10257 21886846 16933764 141813440 137138601 12988158 7370302 1109226 813416 177797670 162256083 72056300 66858723 0 0 54836151 53017150 0 0 2946989 46172273 49451408 173064724 169327281 4732946 -7071198 596841319 584327156 200702041 198320988 396139278 386006168 X AS A JESUIT CATHOLIC UNIVERSITY COMMITTED TO ACADEMIC RIGOR, INCLUSIVE EXCELLENCE, AND CARE FOR THE WHOLE PERSON, JOHN CARROLL UNIVERSITY INSPIRES INDIVIDUALS OF INTELLECT AND CHARACTER TO LEARN, LEAD AND SERVE IN THE COMMUNITY AND THROUGHOUT THE WORLD. false false 159346646 66858723 137138601 FROM ITS MODEST ORIGIN IN 1886 AS SAINT IGNATIUS COLLEGE ON CLEVELAND'S NEAR WEST SIDE, JOHN CARROLL TODAY IS WIDELY RECOGNIZED AS A TRANSFORMATIVE UNIVERSITY THAT EXCELS IN UNDERGRADUATE AND POST-GRADUATE EDUCATION, ATTRACTING STUDENTS FROM 37 STATES AND 20 COUNTRIES. THE UNIVERSITY STRIVES TO DEVELOP EACH STUDENT AS A WHOLE PERSON - MIND, BODY, AND SOUL. AT THE SAME TIME, STUDENTS ARE CHALLENGED TO MAKE A DIFFERENCE IN THE WORLD THROUGH LEADERSHIP AND SERVICE. AS A JESUIT CATHOLIC UNIVERSITY, JOHN CARROLL OFFERS A RIGOROUS EDUCATION BASED ON A WELL-DEVELOPED LIBERAL ARTS CORE CURRICULUM, INCLUDING A VARIETY OF ACADEMIC PROGRAMS IN THE ARTS AND SCIENCES, AND EDUCATION. U.S. NEWS AND WORLD REPORT ANNUALLY RANKS JOHN CARROLL AMONG THE TOP 5 UNIVERSITIES IN THE MIDWEST THAT GRANT MASTER'S DEGREES, AND THE UNIVERSITY'S JOHN M. AND MARY JO BOLER COLLEGE OF BUSINESS HOLDS DUAL AACSB ACCREDITATION - AN INTERNATIONAL DISTINCTION AWARDED BY THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS PLACING IT IN THE TOP FIVE PERCENT OF BUSINESS SCHOOLS WORLDWIDE. A BLOOMBERG BUSINESSWEEK SURVEY OF EMPLOYERS RANKED THE BOLER SCHOOL OF BUSINESS NUMBER ONE IN THE NATION IN PREPARING STUDENTS FOR CAREERS. JOHN CARROLL CONSISTENTLY RANKS AS ONE OF THE TOP SCHOOLS IN THE MIDWEST FOR RETENTION RATES AND GRADUATION RATES, WHICH SIGNIFICANTLY EXCEEDS U.S. AND OHIO AVERAGES. THE UNIVERSITY'S 14:1 STUDENT/FACULTY RATIO ENSURES INDIVIDUAL ATTENTION AND AN INTERACTIVE EXPERIENCE. 85% OF ALL CLASSES HAVE FEWER THAN 30 STUDENTS WITH NO CLASS EXCEEDING 50 STUDENTS. THE UNIVERSITY EDUCATED 2,417 UNDERGRADUATE STUDENTS AND 505 GRADUATE STUDENTS; OFFERED 39 BACHELOR DEGREE MAJORS AND 18 GRADUATE SCHOOL PROGRAMS; AND CONFERRED 725 BACHELOR AND 218 MASTERS DEGREES IN THE 2022-2023 ACADEMIC YEAR. JOHN CARROLL IS RECOGNIZED FOR EXCELLENT RETENTION AND GRADUATION RATES. 86% OF JCU FRESHMEN RETURN AS SOPHOMORES, AND 73% OF JCU UNDERGRADS RECEIVE THEIR BACHELOR'S DEGREES IN FOUR YEARS, COMPARED WITH 53% OF OTHER FOUR-YEAR PRIVATE SCHOOLS NATIONWIDE, AND 33% OF FOUR-YEAR PUBLIC SCHOOLS. JOHN CARROLL UNIVERSITY HAS BEEN NAMED TO THE PRESIDENT'S HIGHER EDUCATION COMMUNITY SERVICE HONOR ROLL MULTIPLE TIMES. SERVICE TO OTHERS IS A DEFINING ELEMENT OF THE UNIVERSITY, WHERE MORE THAN TWO THIRDS OF THE STUDENT BODY PARTICIPATE IN SERVICE ACTIVITIES. STUDENTS HAVE MANY OPPORTUNITIES TO ENGAGE WITH THE LOCAL COMMUNITY FROM THE TIME THEY ARE FRESHMEN. OUR STUDENTS LEARN FROM DISTINGUISHED FACULTY WHO ARE EXPERTS IN THEIR RESPECTIVE FIELDS. 98% OF OUR 144 FULL-TIME TEACHING FACULTY MEMBERS HOLD DOCTORAL DEGREES OR THE TERMINAL DEGREE IN THEIR FIELD; NINE ARE FULBRIGHT FELLOWS. THE MAJORITY OF OUR FACULTY HAVE PUBLISHED BOOKS, ARTICLES, OR RECEIVED RESEARCH GRANTS IN THE PAST TWO YEARS. THE UNIVERSITY'S VARSITY SPORTS TEAMS COMPETE AT THE NCAA DIVISION III INTERCOLLEGIATE LEVEL AND HAVE WON OVER 100 LEAGUE TITLES AND HAVE PLACED AMONG THE TOP 10 DIVISION III SCHOOLS IN THE NATION ON SEVERAL OCCASIONS. MORE THAN 100 VARSITY ATHLETES HAVE BEEN NAMED DIVISION III ALL-AMERICANS WITH OVER 20 INDIVIDUAL NATIONAL CHAMPIONS, THREE NATIONAL PLAYERS OF THE YEAR AND ONE ACADEMIC ALL-AMERICAN OF THE YEAR. NEARLY 500 UNDERGRADUATES PARTICIPATE IN 24 VARSITY MEN'S AND WOMEN'S SPORTS. STUDENTS ALSO HAVE ACCESS TO INTRAMURAL SPORTS, CLUB SPORTS, AND OTHER FITNESS AND RECREATIONAL ACTIVITIES. JOHN CARROLL UNIVERSITY WELCOMES STUDENTS AND FACULTY FROM DIFFERENT RELIGIOUS BACKGROUNDS AND VALUE SYSTEMS IN THE BELIEF THAT THE EDUCATIONAL ENVIRONMENT WHICH THE UNIVERSITY PROVIDES IS ONE WHICH THESE STUDENTS AND FACULTY MAY FIND CONGENIAL, REWARDING, AND ENRICHED BY THEIR PRESENCE. WITHIN THIS ENVIRONMENT THERE IS CONCERN FOR THE HUMAN AND SPIRITUAL DEVELOPMENTAL NEEDS OF THE STUDENTS AND A DEEP RESPECT FOR THE FREEDOM AND DIGNITY OF THE HUMAN PERSON. A FACULTY NOT ONLY PROFESSIONALLY QUALIFIED, BUT ALSO STUDENT ORIENTED, CONSIDERS EXCELLENCE IN INTERPERSONAL RELATIONSHIPS AS WELL AS ACADEMIC ACHIEVEMENT AMONG ITS PRIMARY GOALS. 159346646 true true false false false false false true false true true true false false true false false true true false true false false false false false false false true true true false false false false false false false false false true true false false false true false true true false false true 4053 0 true 1876 true true true false false false false true true false false false false false false X 50 48 false false false false true true true true true false false false true true true true true true true false X ROBERT F CONNORS 2163971886 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 ALAN MICIAK PRESIDENT 50.0 0.0 X X 444376 0 36477 MICHAEL JOHNSON PRESIDENT (END 05/21) 0.0 0.0 X 344861 0 6340 STEVEN HERBERT PROVOST AND AVP 50.0 0.0 X 284175 0 34703 WILLIAM ELLIOTT PROFESSOR 40.0 0.0 X 249176 0 32100 KAREN SCHUELE PROFESSOR 40.0 0.0 X 244963 0 16698 ALBERT NAGY PROFESSOR 40.0 0.0 X 208240 0 35489 JEREMIAH SWETEL AVP FACILITIES/AUXILIARY SVCS 50.0 0.0 X 193040 0 34696 BONNIE GUNZENHAUSER DEAN OF ARTS AND SCIENCE 50.0 0.0 X 201317 0 20747 STEPHANIE LEVENSON VP ENROLLMENT (END 12/22) 50.0 0.0 X 197767 0 12637 MARK SHELDON PROFESSOR 40.0 0.0 X 183707 0 19533 ROBERT CONNORS VP FINANCE AND ADMINISTRATION 50.0 0.0 X 168180 0 24567 ELAD GRANOT DEAN OF BOLER COLLEGE OF BUSIN 50.0 0.0 X 150046 0 22663 EDWARD PECK VP MISSION/IDENTITY 50.0 0.0 X 138804 0 31850 SHERRI CRAHEN VP STUDENT AFFAIRS 50.0 0.0 X 143008 0 17698 LAURI STRIMKOVSKY VP ADMIN AND CFO (END 12/21) 0.0 0.0 X 112500 0 0 DOREEN RILEY VP FOR ADVANCEMENT (END 5/22) 50.0 0.0 X 93840 0 9686 TIMOTHY J CAVANAGH DIRECTOR 1.0 0.0 X 0 0 0 JAMES M MYERS DIRECTOR 1.0 0.0 X 0 0 0 ERIC H BECK DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL B PETRAS JR DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL KERESMAN DIRECTOR 1.0 0.0 X 0 0 0 PAUL M VOINOVICH DIRECTOR 1.0 0.0 X 0 0 0 JAMES A COYNE DIRECTOR 1.0 0.0 X 0 0 0 HAROLD HAL F HAWK JR DIRECTOR 1.0 0.0 X 0 0 0 JEFFREY H PARAVANO DIRECTOR 1.0 0.0 X 0 0 0 REV MARK G HENNINGER SJ DIRECTOR 1.0 0.0 X 0 0 0 JOHN L MASTRANTONI DIRECTOR 1.0 0.0 X 0 0 0 REV KEVIN J EMBACH SJ MD DIRECTOR 1.0 0.0 X 0 0 0 BRUCE D JAROSZ DIRECTOR 1.0 0.0 X 0 0 0 JOHN DEMPSEY DIRECTOR 1.0 0.0 X 0 0 0 GEORGE SAMPLE DIRECTOR 1.0 0.0 X 0 0 0 CAROL J SIMON DIRECTOR 1.0 0.0 X 0 0 0 DANIEL F SANSONE DIRECTOR 1.0 0.0 X 0 0 0 BARBARA J DUGANIER DIRECTOR 1.0 0.0 X 0 0 0 ANTHONY TRICARICHI DIRECTOR 1.0 0.0 X 0 0 0 ARA A BAGDASARIAN DIRECTOR 1.0 0.0 X 0 0 0 JAMES E WINCHESTER JR DIRECTOR 1.0 0.0 X 0 0 0 NANCY BENACCI VICE CHAIR OF BOARD 1.0 0.0 X 0 0 0 GREGORY J SKODA DIRECTOR 1.0 0.0 X 0 0 0 ANTHONY J MAZZELLA DIRECTOR 1.0 0.0 X 0 0 0 EDWARD L COOPER III DIRECTOR 1.0 0.0 X 0 0 0 REV MARTIN CONNELL SJ DIRECTOR 1.0 0.0 X 0 0 0 BARBARA O BROWN DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM P DONNELLY CHAIR OF BOARD 1.0 0.0 X 0 0 0 HOLLY B PERZY DIRECTOR 1.0 0.0 X 0 0 0 RONALD A DENEWETH DIRECTOR 1.0 0.0 X 0 0 0 JANE B LAMBESIS DIRECTOR 1.0 0.0 X 0 0 0 CHRISTINE M KRAMER DIRECTOR 1.0 0.0 X 0 0 0 TERESA K LEWANDOWSKI DIRECTOR 1.0 0.0 X 0 0 0 VICTOR B ALEXANDER DIRECTOR 1.0 0.0 X 0 0 0 TERRENCE P FERGUS DIRECTOR 1.0 0.0 X 0 0 0 HOWARD W HANNA III DIRECTOR 1.0 0.0 X 0 0 0 LONDON L FLETCHER DIRECTOR 1.0 0.0 X 0 0 0 JAMES B MEATHE DIRECTOR 1.0 0.0 X 0 0 0 BRIAN J MORTELLARO DIRECTOR 1.0 0.0 X 0 0 0 GREGORY G MURESAN DIRECTOR 1.0 0.0 X 0 0 0 SEAN P NOLAN DIRECTOR 1.0 0.0 X 0 0 0 RICHARD J ADAMS DIRECTOR 1.0 0.0 X 0 0 0 RITA S CARROLL DIRECTOR 1.0 0.0 X 0 0 0 BRUCE LUECKE DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL COVEY DIRECTOR 1.0 0.0 X 0 0 0 ANNMARIE P LYONS DIRECTOR 1.0 0.0 X 0 0 0 LINDA MEGLIN DIRECTOR 1.0 0.0 X 0 0 0 JASON J THERRIEN DIRECTOR 1.0 0.0 X 0 0 0 LISA M ZONE DIRECTOR 1.0 0.0 X 0 0 0 3358000 0 355884 85 true true false EATN PARK HOSPITALITY GROUP PO BOX 644091 PITTSBURGH PA 15264 FOOD SERVICE 5001237 ABM PO BOX 643823 PITTSBURGH PA 152643823 JANITORIAL SERVICES 2059691 THE KRILL CO INC 1275 MAIN AVE CLEVELAND OH 44113 CONSTRUCTION 15478873 REGENCY CONSTRUCTION SERVICES INC 5475 ENGLE ROAD BROOK PARK OH 44142 CONSTRUCTION 2003608 BOSTWICK DESIGN PARTNERSHIP 2729 PROSPECT AVENUE CLEVELAND OH 44115 ARCHITECT FEES 1906608 81 1817711 15116053 505581 16933764 TUITION & FEES 611600 115441726 115441726 RESIDENCE AND DINING FEES 611710 15842746 15842746 OTHER 611710 4496370 4496370 MISCELLANEOUS RECEIPTS 611710 1357759 1357759 137138601 3262778 3262778 0 103428 103428 4103187 3419954 683233 0 683233 683233 33409589 29302065 4107524 4107524 4107524 0 0 0 0 0 0 0 0 0 HEARTLAND MANATEE RIVERFRONT 531120 19513 19513 COMMONFUND CAPITAL VENTURE PARTNERS VI, LP 531120 37 37 GREEN EQUITY INVESTORS VII LP 531120 10773 10773 -3568 -3568 26755 162256083 137138601 26755 8156963 0 66858723 66858723 0 0 2262667 1796245 263230 203192 379992 379992 34942871 31458008 2311358 1173505 2196401 1965498 150452 80451 10515085 8671263 1182281 661541 2720134 2434172 186328 99634 330824 322174 8650 235457 235457 131121 130621 500 0 0 1505776 1505776 4675691 4479496 146836 49359 1029552 1027375 714 1463 3790505 3603280 42350 144875 2448233 2263808 91847 92578 0 6873876 6857986 4532 11358 2585203 2462926 49484 72793 0 2314494 1862044 212086 240364 2531161 2531161 0 10245221 10245221 994312 990027 4246 39 NON-PROF CONTRACT SVCS 7581751 7331385 197108 53258 DUES & SUBSCRIPTIONS 1204400 1001083 142514 60803 OTHER 973831 804779 167776 1276 169327281 159346646 7033646 2946989 65484 48952 165210985 130730977 0 113989 2386936 1457309 0 0 0 0 1588885 1206413 0 0 1628970 1567904 428991377 202211526 197083846 226779851 133784035 126797813 90965120 91824968 0 0 0 0 4127058 3798980 596841319 584327156 15930173 14959343 0 0 2079100 1860837 178827777 177608752 0 0 0 0 0 0 0 0 3864991 3892056 200702041 198320988 X 181199553 174157773 214939725 211848395 396139278 386006168 596841319 584327156 X -7071198 -4547097 1485185 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 271247678 3018513 767947 7598422 3920490 919609 262595617 289408515 10092915 -17015372 6959062 3519723 759595 271247678 228659697 3428065 68315594 6756588 3443931 794322 289408515 223538691 4403762 11624404 6713648 3448115 745397 228659697 225754829 5797896 3023373 7077418 3233165 726824 223538691 0.28680 0.52585 0.18735 true false 10660110 5436701 16096811 22908394 260897985 123429950 160376429 73542931 52089544 21453387 256180 55289076 26692032 28853224 226779851 MULTI-STRATEGY FUNDS 44506925 F HEDGED EQUITY FUNDS 34388926 F PRIVATE EQUITY FUNDS 12929117 F 91824968 0 ASSET RETIREMENT OBLIGATIONS 3567646 REFUNDABLE FEDERAL STUDENT LOA 324410 3892056 X 91098847 -4547097 3419954 -1127143 92225990 1505776 68524317 70030093 162256083 103051759 3419954 3419954 99631805 1505776 68189700 69695476 169327281 SCHEDULE D, PART X, LINE 2 THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. 1886 COMPANY, LTDL, IGNATIUS, LLC, LOYOLA, LLC, MANRESA, LLC, INIGO, LLC AND CURA PERSONALIS, LLC ARE WHOLLY-OWNED LIMITED LIABILITY COMPANIES THAT HAVE ELECTED TO BE TREATED AS DISREGARDED ENTITIES FOR U.S. TAX PURPOSES. MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. UNDER PROVISIONS OF THE INTERNAL REVENUE CODE, THE UNIVERSITY IS EXEMPT FROM TAXES ON INCOME, OTHER THAN UNRELATED BUSINESS INCOME UNDER CODE SECTION 501(C)(3). THE UNIVERSITY HAD NO MATERIAL NET UNRELATED BUSINESS INCOME DURING THE YEARS ENDED MAY 31, 2023 AND 2022, AND THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN MADE. SCHEDULE D, PART III, LINE 1A THE UNIVERSITY HAS ELECTED NOT TO CAPITALIZE THE COST OR VALUE OF ITS COLLECTION OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS. THERE WERE NO DEACCESSIONS DURING THE YEAR. SCHEDULE D, PART III, LINE 4 THE UNIVERSITY MAINTAINS A COLLECTION OF BOOKS, JOURNALS, ART, UNIVERSITY ARCHIVAL MATERIALS, MANUSCRIPTS AND ELECTRONIC RESOURCES. THESE ITEMS ARE HOUSED AND MADE AVAILABLE PRIMARILY THROUGH THE GRASSELLI LIBRARY AND BREEN LEARNING CENTER AS ESSENTIAL RESOURCES FOR THE EDUCATIONAL EXPERIENCE OF OUR STUDENTS. SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT FUNDS ARE INVESTED AND A PORTION OF THE INCOME EARNED IS USED TO SUPPORT SCHOLARSHIPS, PROGRAMS, FACULTY WORK, OR A SPECIFIC AREA DESIGNATED BY THE DONOR. SCHEDULE D, PART XI, LINE 2D RENTAL EXPENSE RECLASS $ 3,419,954 SCHEDULE D, PART XI, LINE 4B CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS $ 334,617 STUDENT FINANCIAL AID & SCHOLARSHIPS $66,858,723 MISC RECEIPTS NETTED AGAINST EXPENSE ON F/S $ 1,330,977 TOTAL $68,524,317 SCHEDULE D, PART XII, LINE 2D RENTAL EXPENSE RECLASS $ 3,419,954 SCHEDULE D, PART XII, LINE 4B STUDENT FINANCIAL AID & SCHOLARSHIPS $66,858,723 MISC RECEIPTS NETTED AGAINST EXPENSE ON F/S $ 1,330,977 TOTAL $68,189,700 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE PRESIDENT SENDS OUT A NOTICE ANNUALLY TO ALL FACULTY, STAFF AND STUDENTS PROVIDING A LINK TO THE POLICY IN A COMPLIANCE NOTICE. SCHEDULE E, PART I, LINE 6A THE UNIVERSITY RECEIVES FEDERAL STUDENT FINANCIAL AID ASSISTANCE FOR THE BENEFIT OF ITS STUDENTS FROM VARIOUS FEDERAL AGENCIES. THESE INCLUDE THE DEPARTMENT OF EDUCATION WHICH PROVIDES FUNDS FOR FEDERAL WORK STUDY, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, AND FAMILY EDUCATIONAL LOAN PROGRAM. THE UNIVERSITY ALSO RECEIVES FEDERAL RESEARCH GRANTS FROM THE NATIONAL SCIENCE FOUNDATION, DEPARTMENT OF EDUCATION AND THE DEPARTMENT OF HEALTH AND HUMAN SERVICES. false South America 0 0 Investments 1973202 Europe (Including Iceland and Greenland) 0 0 Investments 25987836 Middle East and North Africa 0 0 Investments 367837 East Asia and the Pacific 0 0 Investments 23451564 Central America and the Caribbean 0 0 Program Services STUDY ABROAD 41857 East Asia and the Pacific 0 0 Program Services STUDY ABROAD 6051 Europe (Including Iceland and Greenland) 0 0 Program Services STUDY ABROAD 411257 North America 0 0 Program Services STUDY ABROAD 18514 South Asia 0 0 Program Services STUDY ABROAD 4828 Middle East and North Africa 0 0 Program Services STUDY ABROAD 30026 0 0 0 0 52292972 52292972 true false true true true false Part V - Additional Information THE UNIVERSITY PROVIDES A NUMBER OF STUDY ABROAD OPPORTUNITIES FOR ITS STUDENTS. VARIOUS STUDY ABROAD PROGRAMS ARE AVAILABLE EACH YEAR, BUT NOT ALL PROGRAMS LISTED BELOW ARE OFFERED EVERY ACADEMIC YEAR. THE UNIVERSITY ENJOYS LONG-STANDING STUDENT EXCHANGE AGREEMENTS WITH SOPHIA UNIVERSITY IN TOKYO, NANZAN UNIVERSITY IN NAGOYA, AND KANSAI GAIDAI UNIVERSITY IN KYOTO, JAPAN. IN ADDITION, THE UNIVERSITY IS A MEMBER OF THE INTERNATIONAL STUDENT EXCHANGE PROGRAM (ISEP), WHICH OFFERS STUDY ABROAD OPPORTUNITIES WORLDWIDE. IN RECENT YEARS THE UNIVERSITY HAS ALSO ADDED EXCHANGE PROGRAMS WITH THE UNIVERSITY OF HULL, ENGLAND; THE UNIVERSITY OF DORTMUND, GERMANY; RHODES UNIVERSITY, SOUTH AFRICA; RAI INSTITUTE, INDIA; AND FATIH UNIVERSITY, TURKEY. THE UNIVERSITY IS A MEMBER OF THE CONSORTIUM OF AMERICAN JESUIT COLLEGES AND UNIVERSITIES (AJCU) THAT SUPPORTS THE BEIJING PROGRAM FOR UNDERGRADUATE STUDY IN CHINA AS WELL AS THE CASA DE LA SOLIDARIDAD IN EL SALVADOR. STUDENTS CAN CHOOSE FROM SEVERAL PROGRAM OFFERINGS IN EUROPE FOR ONE SEMESTER OR TWO, DEPENDING ON THE PROGRAM. IN ENGLAND, BUSINESS STUDENTS CAN ENROLL IN THE UNIVERSITY'S BOLER BUSINESS SEMESTER IN LONDON; NON-BUSINESS STUDENTS CAN ENROLL IN THE LONDON LIBERAL ARTS SEMESTER, BOTH IN COOPERATION WITH REGENT'S COLLEGE. IN ITALY, STUDENTS CAN PARTICIPATE IN THE UNIVERSITY'S OWN VATICAN PROGRAM IN COOPERATION WITH THE PONTIFICA UNIVERSITA URBANIANA; LOYOLA UNIVERSITY OF CHICAGO'S ROME CENTER; OR JOHN CABOT UNIVERSITY IN ROME. THE UNIVERSITY HAS ALSO ESTABLISHED STUDY ABROAD PROGRAMS IN IRELAND (MAYNOOTH), SPAIN(MADRID), AND COSTA RICA. IN ADDITION, COOPERATIVE AGREEMENTS EXIST WITH PROGRAMS IN AUSTRALIA (AUSTRALEARN) AND DENMARK (DIS), AND THE UNIVERSITY OFFERS SHORT TERM FACULTY LED PROGRAMS IN NUMEROUS COUNTRIES ALL OVER THE WORLD. true SCHOLARSHIPS AND GRANTS 2699 66858723 Part I, Line 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE UNIVERSITY AWARDS SCHOLARSHIPS AND GRANTS BASED ON SUPERIOR ACADEMIC ACHIEVEMENT AND DEMONSTRATED FINANCIAL NEED. INDIVIDUALS RECEIVING AWARDS FROM JOHN CARROLL UNIVERSITY ARE CHOSEN BASED UPON OBJECTIVE AND NON-DISCRIMINATORY CRITERIA WHICH ARE CONSISTENT WITH THE OVERALL TAX-EXEMPT PURPOSE OF THE UNIVERSITY. X true true X X X X true false false false false false false false false ALAN MICIAK PRESIDENT 400000 0 0 0 44376 0 19825 0 16652 0 480853 0 MICHAEL JOHNSON PRESIDENT (END 05/21) 343750 0 0 0 1111 0 6094 0 246 0 351201 0 STEVEN HERBERT PROVOST AND AVP 282334 0 0 0 1841 0 18352 0 16351 0 318878 0 LAURI STRIMKOVSKY VP ADMIN AND CFO (END 12/21) 112500 0 0 0 0 0 0 0 0 0 112500 0 STEPHANIE LEVENSON VP ENROLLMENT (END 12/22) 197660 0 0 0 107 0 5891 0 6746 0 210404 0 SHERRI CRAHEN VP STUDENT AFFAIRS 141167 0 0 0 1841 0 9882 0 7816 0 160706 0 EDWARD PECK VP MISSION/IDENTITY 136589 0 0 0 2215 0 9561 0 22289 0 170654 0 ROBERT CONNORS VP FINANCE AND ADMINISTRATION 167857 0 0 0 323 0 9750 0 14817 0 192747 0 WILLIAM ELLIOTT PROFESSOR 246936 0 0 0 2240 0 15710 0 16390 0 281276 0 KAREN SCHUELE PROFESSOR 243973 0 0 0 990 0 9759 0 6939 0 261661 0 ALBERT NAGY PROFESSOR 207465 0 0 0 775 0 14523 0 20966 0 243729 0 JEREMIAH SWETEL AVP FACILITIES/AUXILIARY SVCS 192875 0 0 0 165 0 12537 0 22159 0 227736 0 MARK SHELDON PROFESSOR 183599 0 0 0 108 0 11934 0 7599 0 203240 0 BONNIE GUNZENHAUSER DEAN OF ARTS AND SCIENCE 200900 0 0 0 417 0 13059 0 7688 0 222064 0 ELAD GRANOT DEAN OF BOLER COLLEGE OF BUSIN 149716 0 0 0 330 0 9669 0 12994 0 172709 0 SCHEDULE J, PART I, LINE 1A ALAN MICIAK, PRESIDENT OF THE UNIVERSITY, LIVES IN A RESIDENCE CONTIGUOUS TO THE UNIVERSITY AND THE VALUE OF THAT ARRANGEMENT IS INCLUDED IN HIS TAXABLE INCOME. SCHEDULE J, PART III - OTHER ADDITIONAL INFORMATION ON JULY 1, 2008 THE UNIVERSITY ENACTED A QUALIFIED PRIVATE 457(B) DEFERRED COMPENSATION PLAN FOR CERTAIN EMPLOYEES WITH ANY EMPLOYER CONTRIBUTIONS TO BE MADE ON A DISCRETIONARY BASIS. THE UNIVERSITY MADE NO CONTRIBUTIONS TO THE 457 PLAN IN FISCAL 2023. ANY AND ALL CONTRIBUTIONS TO THE PLAN IN FISCAL YEAR 2023 WERE VOLUNTARY EMPLOYEE CONTRIBUTIONS. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DBZS 2016-02-01 22320000 REFUNDING OF THE 2006 BONDS false false false B OHIO HIGHER EDUCATION FACILITY COMMISSION 346849674 2020-10-01 33570000 REFINANCE MORTGAGE REMODEL DORMATO false false false C OHIO HIGHER EDUCATION FACILITY COMMISSION 346849674 2022-02-01 105555000 REFUND 2018 BOND, REMODEL DORM, NE false false false A 0 0 22320000 0 0 0 305952 0 0 0 0 0 true true true true B 18435359 0 38637149 0 1501790 0 420368 0 0 1423991 0 0 true true false true C 16546795 0 119414178 80201595 8045874 0 705436 0 0 1950480 0 0 true false false true A false false false false 0 false false false true B false false false false 0 false false false true C false false false false 0 false false false true A false false false true false false 0 false 0 false true B false true false false false false 0 false 0 false true C false true false false false false 0 false 0 false true A true B true C true JASON THERRIEN TRUSTEE 808000 BUSINESS TRANSACTION false SCHEDULE L, PART IV JASON THERRIEN, BOARD MEMBER, OWNS 100% OF THUNDER TECH WHICH RECEIVED $808,000 IN PAYMENTS FROM JOHN CARROLL UNIVERSITY. X 22 505581 MARKET VALUE false true false PART I, COLUMN B JOHN CARROLL UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN B OF SCHEDULE M, PART I. FORM 990, PART I, LINE 4 ALAN MICIAK IS A COMPENSATED BOARD MEMBER AND IS THEREFORE CONSIDERED A NONINDEPENDENT MEMBER. JASON THERRIEN IS NONINDEPENDENT DUE TO THE TRANSACTION DISCLOSED ON SCHEDULE L. FORM 990, PART I, LINE 6 A SIGNIFICANT NUMBER OF ALUMNI AND OTHER FRIENDS OF THE UNIVERSITY VOLUNTEER THEIR TIME ADVANCING THE MISSION OF THE UNIVERSITY AND HELPING ATTRACT STUDENTS TO ATTEND JOHN CARROLL. FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF MEMBER OF JOHN CARROLL UNIVERSITY SHALL CONSIST OF: (1) THE PRESIDENT OF JOHN CARROLL UNIVERSITY, EX-OFFICIO MEMBER; (2) THE RECTOR OF THE JOHN CARROLL JESUIT COMMUNITY CORPORATION, EX-OFFICIO MEMBER; (3) TWO MEMBERS OF THE JOHN CARROLL JESUIT COMMUNITY CORPORATION ELECTED TO SERVE TWO YEAR STAGGERED TERMS, BY THOSE MEMBERS IN GOOD STANDING OF THE SOCIETY OF JESUS WHO ARE ASSIGNED TO THE JOHN CARROLL JESUIT COMMUNITY CORPORATION AND PROVIDE SERVICE TO OR HAVE BEEN RETIRED FROM THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF MEMBERS SHALL HAVE AND EXERCISE SUCH POWERS AND AUTHORITY PROVIDED UNDER APPLICABLE LAW AS ARE CONSISTENT WITH THE MISSION OF THE UNIVERSITY, INCLUDING WITHOUT LIMITATION, THE POWERS TO: (1) ELECT AND TO RE-ELECT THE DIRECTORS OF THE CORPORATION FROM THE SLATE OF NOMINEES RECOMMENDED BY THE BOARD OF DIRECTORS (2) REMOVE ANY DIRECTOR, UPON RECOMMENDATION OF THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF MEMBERS SHALL HAVE AND EXERCISE SUCH POWERS TO AMEND THE ARTICLES AND THE CODE OF REGULATIONS; SELL OR DISPOSE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION; AND MERGE OR DISSOLVE THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE UNIVERSITY'S INDEPENDENT ACCOUNTING FIRM PREPARES THE FORM 990, WHICH IS PRESENTED TO THE UNIVERSITY'S AUDIT COMMITTEE FOR REVIEW AND APPROVAL. THE FULL PUBLIC INSPECTION COPY OF THE FINAL FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO IT BEING FILED WITH THE IRS. THE PUBLIC COPY REMOVES THE NAMES AND ADDRESSES OF THE DONORS LISTED IN SCHEDULE B OF THE FORM 990 FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY HAS WRITTEN CONFLICT OF INTEREST POLICIES THAT REQUIRE ITS OFFICERS, DIRECTORS, AND EMPLOYEES TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST INVOLVING THEMSELVES AND/OR THEIR FAMILY MEMBERS. THE UNIVERSITY'S EMPLOYEES ARE REQUIRED TO REVIEW THE APPLICABLE POLICY ON AN ANNUAL BASIS, ACKNOWLEDGE COMPLIANCE, AND DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. IN ADDITION, EACH MEMBER OF THE BOARD OF DIRECTORS FILLS OUT AN ANNUAL QUESTIONNAIRE IN WHICH POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED. THE RESPONSE TO THESE TWO PROCESSES ARE REVIEWED FOR ANY DISCLOSED ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY PROHIBITS INVOLVEMENT IN UNIVERSITY DECISION-MAKING BY ANY OFFICER, ADMINISTRATOR, EMPLOYEE OR DIRECTOR WHO HAS A CONFLICT THAT IS NOT MANAGED. IN THE EVENT OF THE EXISTENCE OF A CONFLICT OF INTEREST, APPROPRIATE CONFLICT MANAGEMENT MEASURES ARE IMPLEMENTED. VIOLATIONS OF THE UNIVERSITY'S CONFLICTS POLICIES MAY RESULT IN SANCTIONS, UP TO AND INCLUDING TERMINATION OF EMPLOYMENT. FORM 990, PART VI, SECTION B, LINE 15A THE UNIVERSITY'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR ESTABLISHING, REVIEWING AND APPROVING COMPENSATION LEVELS FOR THE UNIVERSITY'S PRESIDENT. THE COMMITTEE REVIEWS COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN ESTABLISHING COMPENSATION LEVELS. THE COMMITTEE REVIEWS THE COMPENSATION OF THE UNIVERSITY'S PRESIDENT ANNUALLY. CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING ARE RECORDED ON ALL COMMITTEE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT FOR THE UNIVERSITY'S PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15B THE UNIVERSITY'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR ESTABLISHING, REVIEWING AND APPROVING COMPENSATION LEVELS FOR THE UNIVERSITY'S OFFICERS AND KEY EMPLOYEES. THE COMMITTEE REVIEWS COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN ESTABLISHING COMPENSATION LEVELS. THE COMMITTEE REVIEWS THE COMPENSATION OF THE UNIVERSITY'S OFFICERS AND KEY EMPLOYEES ANNUALLY. CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING ARE RECORDED ON ALL COMMITTEE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT FOR THE UNIVERSITY'S OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FORM 1023 APPLICATION FOR TAX EXEMPTION AND FORMS 990 AND 990-T (CURRENT AND PRIOR THREE YEARS) ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, CODE OF REGULATIONS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $ (334,617) OTHER ADJUSTMENT $ 1,819,802 TOTAL: $ 1,485,185 THE 1886 COMPANY LTD LLC 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 1347360 18463098 JCU CURA PERSONALIS LLC 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 906296 3341287 JCU IGNATIUS LLC 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 554554 1993782 JCU INIGO LLC 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 293492 1138751 JCU LOYOLA LLC 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 792135 2380530 JCU MANRESA LLC 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 209350 693539 JCU