2024-05-15T08:17:54-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990 2022-07-01 510305893 DELAWARE STATE UNIVERSITY DELA 3028576200 1200 NORTH DUPONT HIGHWAY DOVER DE 19901 ANAS BEN ADDI VP OF FINANCE/CFO 3028576200 2024-05-15 1 ANAS BEN ADDI 999009999 1 CONNIE M LIRA P00481097 2156433900 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANAS BEN ADDI 1200 NORTH DUPONT HIGHWAY DOVER DE 19901 257298944 0 X WWW.DESU.EDU X 1891 DE DELAWARE STATE UNIVERSITY IS A PUBLIC INSTITUTION THAT OFFERS OPPORTUNITY TO DIVERSE POPULATIONS. 16 15 1806 17 0 0 135282326 137886635 108004358 108969988 423969 1585941 1364201 1921363 245074854 250363927 42119509 41702906 0 0 82678034 95385374 0 0 690159 90993630 112681991 215791173 249770271 29283681 593656 547430681 512212979 590517991 553418725 -43087310 -41205746 X DELAWARE STATE UNIVERSITY IS A PUBLIC, COMPREHENSIVE, 1890 LAND-GRANT INSTITUTION THAT OFFERS ACCESS AND OPPORTUNITY TO DIVERSE POPULATIONS FROM DELAWARE, THE NATION, AND THE WORLD. (CONTINUED ON SCHEDULE O.)BUILDING ON ITS HERITAGE AS A HISTORICALLY BLACK COLLEGE, THE UNIVERSITY PURPOSEFULLY INTEGRATES THE HIGHEST STANDARDS OF EXCELLENCE IN TEACHING, RESEARCH, AND SERVICE IN ITS BACCALAUREATE, MASTER'S AND DOCTORAL PROGRAMS. ITS COMMITMENT TO ADVANCE SCIENCE, TECHNOLOGY, LIBERAL ARTS, AND THE PROFESSIONS PRODUCES CAPABLE AND PRODUCTIVE LEADERS WHO CONTRIBUTE TO THE SUSTAINABILITY AND ECONOMIC DEVELOPMENT OF THE GLOBAL COMMUNITY VISION STATEMENT. AS ONE OF AMERICA'S MOST HIGHLY RESPECTED HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, DELAWARE STATE UNIVERSITY WILL BE RENOWNED FOR A STANDARD OF ACADEMIC EXCELLENCE THAT PREPARES OUR GRADUATES TO BECOME THE FIRST CHOICE OF EMPLOYERS IN A GLOBAL MARKET AND INVIGORATES THE ECONOMY AND THE CULTURE OF DELAWARE AND THE MID-ATLANTIC REGION. 0 0 62457689 0 29290823 AUXILIARY ENTERPRISES: THE SCHOOL UNDERTAKES A NUMBER OF ACTIVITIES TO BENEFIT THE STUDENT BODY, INCLUDING OPERATING HOUSING (DORMITORY) COMPLEXES, A CAFETERIA, CAMPUS BOOK STORE, VENDING MACHINES, AND OTHER INCIDENTALS NECESSARY TO CAMPUS LIFE. THESE ACTIVITIES MIGHT ALSO INCLUDE STUDENT SERVICES, INSTITUTIONAL SUPPORT, ACADEMIC SUPPORT, PUBLIC SERVICE, AND OTHER SERVICES. 45429628 26602489 72140310 DELAWARE STATE UNIVERSITY IS A PREEMINENT INSTITUTION OF HIGHER LEARNING THAT PROVIDES A LIBERAL ARTS EDUCATION. SOME STATISTICS ABOUT THE UNIVERSITY, AT A GLANCE: 47 UNDERGRADUATE DEGREE PROGRAMS, 21 MASTER'S DEGREE PROGRAMS, AND 6 DOCTORAL DEGREE PROGRAMS, ACCREDITED BY THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES, ASSOCIATION OF COLLEGES AND SCHOOLS, AS WELL AS BY SEVEN SPECIALIZED ACADEMIC ACCREDITING AGENCIES. WILLIAM C. JASON LIBRARY INCLUDES A COLLECTION OF 323,297 PRINTED VOLUMES, 102 ELECTRONIC DATABASES, 38,901 ELECTRONIC JOURNALS, 360,936 ELECTRONIC BOOKS, ACCESS TO 9,167 STREAMING MEDIA CONTENT, AND A TOTAL HOLDING OF 723,134 PUBLICATIONS. (CONTINUED ON SCHEDULE O.)FACULTY PROFILE - 234 FACULTY MEMBERS WITHIN 17 ACADEMICS DEPARTMENTS. 198 FACULTY MEMBERS POSSESS A PH.D. OR A TERMINAL DEGREE (TERMINAL MASTER'S OF FLIGHT CAPTAIN). STUDENT-TO-FACULTY RATIO IS 18:1. TOTAL ENROLLMENT 6,451, 75% FULL-TIME, 25% PART-TIME; 46% LIVE ON CAMPUS, 54% COMMUTE; 52% IN THE FOLLOWING PROGRAMS: MANAGEMENT, ACCOUNTING, NURSING, BIOLOGICAL SCIENCES, KINESIOLOGY, LIBERAL STUDIES, PSYCHOLOGY/SOCIAL SCIENCES, AND RELATED PROGRAMS.AS NOTED ON THE FORM 990 FOR THE TAX YEAR ENDED JUNE 30, 2022: THE UNIVERSITY EXECUTED AN AGREEMENT WITH WESLEY COLLEGE ON JULY 9, 2020, UNDER WHICH THE UNIVERSITY ACQUIRED A MAJORITY OF WESLEY COLLEGE'S ASSETS AND LIABILITIES. WESLEY COLLEGE IS A SEPARATE NONPROFIT ORGANIZATION NOT AFFILIATED WITH THE UNIVERSITY. ON JULY 1, 2021, THE UNIVERSITY AND WESLEY COLLEGE ENTERED INTO VARIOUS AGREEMENTS AMENDING THE PRIOR AGREEMENT DATED JULY 9, 2020. AS OF JULY 1, 2021, WESLEY COLLEGE ASSIGNED, GRANTED, CONVEYED AND TRANSFERRED THE MAJORITY OF THEIR ASSETS AND LIABILITIES TO THE UNIVERSITY AND THE COMBINATION BECAME EFFECTIVE ON THAT DATE. THE INITIAL OPENING BALANCES OF WESLEY COLLEGE'S ASSETS AND LIABILITIES WERE DETERMINED BASED ON THE CARRYING VALUES REPORTED BY WESLEY COLLEGE AS OF JUNE 30, 2022. THE TAX YEAR ENDED JUNE 30, 2023 WAS THE FIRST FULL YEAR AFTER THE COMBINATION. 20116712 15100417 7436191 THE MISSION OF THE OFFICE OF THE ASSOCIATE PROVOST FOR RESEARCH (OAPR) IS "TO PROVIDE THOSE INDIVIDUALS WHO ARE ADMITTED QUALITY RESEARCH OPPORTUNITIES AND EXPERIENCES THAT ARE CONSISTENT WITH THE OVERALL UNIVERSITY COMMITMENT." THE RESEARCH DIVISION IS ALSO RESPONSIBLE FOR MAINTAINING AN INFRASTRUCTURE WITHIN A SUPPORTIVE ENVIRONMENT THAT ENCOURAGES BOTH FACULTY AND STUDENTS TO PRODUCE RESEARCH WITH RESULTS THAT ARE MAKING OUR WORLD BETTER EVERY DAY. PRESTIGIOUS RESEARCH PROJECTS UNDERWAY BY DWU FACULTY MEMBERS SERVE TO ENHANCE DSU'S LAND-GRANT MISSION AND ITS CONTRIBUTIONS TO THE NATION'S RESEARCH EFFORTS. 128004029 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 4825 0 1806 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DE X X ANAS BEN ADDI 3028576200 1200 N DUPONT HIGHWAY DOVER DE 19901 ANTIONE ALLEN PRESIDENT 60.00 0.00 X X 662065 0 178798 SAUNDRA DELAUDER PROVOST & VP ACADEMIC AFFAIRS 60.00 0.00 X 256392 0 83255 MICHAEL CASSON DEAN 60.00 0.00 X 265113 0 71851 CLEON CAULEY SENIOR VP/COO 60.00 0.00 X 257785 0 75764 STACY DOWNING VP STRATEGIC INITIATIVES 60.00 0.00 X 248572 0 68189 IRENE CHAPMAN-HAWKINS CHIEF ADMINISTRATIVE OFFICER 60.00 0.00 X 227969 0 80598 ANTONIO BOYLE VP STRATEGIC ENROLLMENT 60.00 0.00 X 234995 0 71331 GWENDOYLN SCOTT-JONES DEAN 60.00 0.00 X 226932 0 78662 ANAS BEN ADDI VP OF FINANCE/CFO 60.00 0.00 X 209300 0 78421 LAKRESHA MOULTRIE VP & GENERAL COUNSEL 60.00 0.00 X 216484 0 67009 VITA PICKRUM VP INST ADVANCEMENT 60.00 0.00 X 209388 0 59254 CLYTRICE WATSON ASSOCIATE PROVOST 60.00 0.00 X 193942 0 73474 YOUNGSIK KWAK PROFESSOR 60.00 0.00 X 199230 0 68047 FENGSHAN LIU ASSOC VP INTERNATIONAL AFFAIRS 60.00 0.00 X 191607 0 69264 RAYMOND TUTU PROFESSOR 60.00 0.00 X 179709 0 66721 ALECIA SHIELDS DIRECTOR OF ATHLETICS 60.00 0.00 X 188212 0 54427 BERNARD PRATT ASSOCIATE VP 60.00 0.00 X 176158 0 61876 TERRY PARKER JEFFRIES ASSISTANT DEAN 60.00 0.00 X 178233 0 58031 RODERICK MILSTEAD HEAD FOOTBALL COACH 60.00 0.00 X 176508 0 57757 CHERESE WINSTEAD DEAN 60.00 0.00 X 166687 0 55380 DARRELL MCMILLON CHIEF INFORMATION OFFICER 60.00 0.00 X 180000 0 41669 FRANCINE EDWARDS DEPUTY CHIEF ADMINISTRATIVE OFFICER 60.00 0.00 X 155089 0 64400 JACKIE GRIFFITH CHIEF OF STAFF 60.00 0.00 X 160694 0 56109 MARSHA HORTON SPECIAL ASSISTANT TO VP 60.00 0.00 X 150319 0 51967 DEVONA E WILLIAMS BOARD CHAIR 15.00 0.00 X X 0 0 0 JOHN RIDGEWAY BOARD VICE CHAIR 15.00 0.00 X X 0 0 0 JOHN J ALLEN JR BOARD VICE CHAIR 5.00 0.00 X X 0 0 0 JOHN CARNEY EX-OFFICIO TRUSTEE 5.00 0.00 X 0 0 0 MICHAEL N CASTLE TRUSTEE 5.00 0.00 X 0 0 0 WILLIAM COLLICK TRUSTEE 5.00 0.00 X 0 0 0 NORMAN GRIFFITHS TRUSTEE 5.00 0.00 X 0 0 0 DEBBIE HARRINGTON TRUSTEE 5.00 0.00 X 0 0 0 WILMA MISHOE TRUSTEE 5.00 0.00 X 0 0 0 CHIP ROSSI TRUSTEE 5.00 0.00 X 0 0 0 HAROLD STAFFORD TRUSTEE 5.00 0.00 X 0 0 0 JOCELYN STEWART TRUSTEE 5.00 0.00 X 0 0 0 LEROY A TICE ESQ TRUSTEE 5.00 0.00 X 0 0 0 MARGIE LOPEZ WAITE TRUSTEE 5.00 0.00 X 0 0 0 BERNADETTE DORSEY WHATLEY TRUSTEE 5.00 0.00 X 0 0 0 LOIS M HOBBS TRUSTEE TO JAN 2023 5.00 0.00 X 0 0 0 ESTHELDA R PARKER TRUSTEE TO DEC 2022 5.00 0.00 X 0 0 0 5311383 0 1692254 31 0 1 0 ATI RESTORATION LLC PO BOX 8318 PASADENA CA 911098318 ON-CAMPUS CONSTRUCTION PROJECTS 5357125 TOP CHOICE TRUCKING LLC 1550 MATASSINO RD NEW CASTLE DE 19720 DSU SHUTTLE/ TRANSPORTATION 1443183 DOVINGTON TRAINING CENTER LLC 595 BLACK SWAMP ROAD FELTON DE 19943 BOARDING & CARE FOR HORSES 696020 PIVOT ATHLETIC TRAINING LLC 501 FAIRMOUNT AVE STE 302 TOWNSON MD 21286 ATHLETIC TRAINING SERVICES 640915 JOHNSON CONTROLS FIRE PROTECTION LP 5757 NORTH GREEN BAY AVE MILWAUKEE WI 53209 RENOVATION SERVICES 335247 22 2126373 135167113 593149 137886635 TUITION AND FEES 611710 71037039 71037039 AUXILIARY ENTERPRISES 611710 29290823 29290823 ATHLETIC REVENUES 611710 805786 805786 SALES & SERVICE OF ED DEPTS 611710 297485 297485 COMMISSIONS 611710 102664 102664 7436191 7436191 108969988 1237260 1237260 7283698 6935017 348681 348681 348681 SERVICE CONCESSION 900099 1921363 1921363 1921363 250363927 108867324 0 3609968 X 1720872 1720872 39982034 39982034 5758530 1012597 4745933 64362650 43189046 20747406 426198 13532424 8702209 4733477 96738 5583998 4059251 1480551 44196 6147772 3819822 2287469 40481 443619 23020 420599 277209 277209 47780 47780 40864189 8952654 31885725 25810 487174 12509 474665 2330298 448779 1873904 7615 6422502 1028639 5392407 1456 86630 85130 1500 3438687 1506280 1890142 42265 384429 293321 88646 2462 4382498 4382498 9540005 8961861 578144 3092148 209878 2882270 REPAIRS AND MAINTENANCE 14607787 3443780 11164007 FOOD SERVICE 12563118 267675 12294831 612 UTILITIES 7237421 12452 7224612 357 BAD DEBT EXPENSE 6099537 6099537 376960 272220 102771 1969 249770271 128004029 121076083 690159 50352734 34846523 4168954 4732295 20459230 16441937 2324116 597250 184965 538826431 204651044 329947649 334175387 12834194 15148095 6035969 6012296 21801253 20719484 99506582 79354747 547430681 512212979 40916047 51333873 24265662 6396078 89243242 85558579 16284251 14287697 419808789 395842498 590517991 553418725 X -88881827 -52024773 45794517 10819027 -43087310 -41205746 547430681 512212979 593656 1287908 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 15678339 628308 780159 413317 16673489 16739600 418526 -1235161 244626 15678339 8581321 7708757 845162 395640 16739600 8400409 212003 281026 312117 8581321 14852965 162655 866186 7300000 181397 8400409 0.44000 0.43000 0.13000 0 1 1 16334605 16334605 332116269 122565485 209550784 28467785 19176484 9291301 85281006 56291149 28989857 76626766 6617926 70008840 334175387 DEFERED OUTFLOWS RELATED TO OPEB (OTHER POSTEMPLOYMENT BENEFITS) 57061254 DEFERED OUTFLOWS RELATED TO PENSION 21722765 DEFERRED LOSS ON REFUNDING 570728 79354747 NET PENSION LIABILITY 34363108 NET OPEB LIABILITY 206330463 LEASE OBLIGATION 420808 FINANCED PURCHASE 2440161 SUBSCRIPTION LIABILITIES 1014649 DEFERRED INFLOWS RELATED TO GRANTS 2392587 DEFERRED INFLOWS RELATED TO PENSION 280533 DEFERRED INFLOWS RELATED TO OPEB 76050165 DEFERRED INFLOWS RELATED TO SERVICE CONCESSION ARRANGEMENT 72550024 395842498 X 218849537 1287908 1287908 217561629 47780 32754518 32802298 250363927 216967973 0 216967973 47780 32754518 32802298 249770271 PART III, LINE 1A: ITEMS IN THE COLLECTION INCLUDE, BUT ARE NOT LIMITED TO, BOOKS AND RARE PLANT SPECIMENS. THE COLLECTION IS NOT CONSIDERED MATERIAL TO THE AUDITED FINANCIAL STATEMENTS, AND AS SUCH THERE IS NO FOOTNOTE ADDRESSING THE COLLECTION. THE ORGANIZATION HAS ELECTED, AS PERMITTED UNDER FASB ASC 958, NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE. PART III, LINE 4: THE UNIVERSITY MAINTAINS A RARE COLLECTION OF PLANT SPECIMENS DATING BACK TO THE MID TO LATE 1800'S. THIS COLLECTION IS HOUSED IN THE UNIVERSITY HERBARIUM AND USED AS PART OF THE ONGOING LAND GRANT MISSION IN EDUCATING AND CLASSIFICATION OF PLANTS OF THE AMERICA'S. PART V, LINE 4: THE INTENDED USES OF THE UNIVERSITY'S ENDOWMENT FUNDS ARE TO OFFER STUDENT SCHOLARSHIPS AND SUPPORT ACADEMIC PROGRAMS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS RECOGNIZED AS SUCH BY THE INTERNAL REVENUE SERVICE. THE PROVISIONS INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECT TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITION AS OF JUNE 30, 2023 AND 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 32,754,518. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 32,754,518. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL MEDIA ADVERTISING AND BROCHURES ISSUED BY THE UNIVERSITY CONTAIN A STATEMENT OF THE UNIVERSITY'S NON-DISCRIMINATION POLICY. IN ADDITION, THE POLICY IS PROVIDED ON THE UNIVERSITY'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY PARTICIPATES IN FEDERALLY FUNDED PELL GRANTS, SEOG GRANTS, FEDERAL WORK-STUDY, AND PERKINS LOAN PROGRAMS. FEDERAL PROGRAMS ARE AUDITED IN ACCORDANCE WITH THE SINGLE AUDIT ACT AMENDMENTS OF 1996, THE U.S. OFFICE OF MANAGEMENT AND BUDGET REVISED UNIFORM GRANT GUIDANCE, AUDIT OF STATES, LOCAL GOVERNMENTS AND NON-PROFIT ORGANIZATIONS, AND THE COMPLIANCE SUPPLEMENT. 1 UNIVERSITY OF DELAWARE 700 PILOTTOWN ROAD LEWES DE 19958 516000297 501(C)(3) 900303 0 EDUCATION NORTHWESTERN UNIVERSITY CENTER FOR PUBLIC SAFETY EVANSTON IL 60201 362167817 501(C)(3) 441151 0 EDUCATION ST OF MARYLAND BOWIE STATE UNIVERSITY BOWIE MD 20715 526002033 501(C)(3) 62322 0 EDUCATION ALABAMA STATE UNIVERSITY 915 S JACKSON STREET MONTGOMERY AL 36104 636001101 501(C)(3) 42439 0 EDUCATION VIRGINIA POLYTECH INST NORTH END CENTER 300 TURNER STREEET SUITE 4200 BLACKBURG VA 24061 546001805 501(C)(3) 40930 0 EDUCATION WEST VIRGINIA UNIVERSITY 201 ACEOP ADMIN BLDG INSTITUTE WV 25112 556000842 501(C)(3) 39970 0 EDUCATION TENNESSEE STATE UNIVERSITY PO BOX 9623 NASHVILLE TN 37209 620786119 501(C)(3) 32964 0 EDUCATION CLAFLIN UNIVERSITY 400 MAGNOLIA STREET ORANGEBURG SC 29115 570314374 501(C)(3) 29600 0 EDUCATION LOUISIAN STATE UNIVERSITY A&M COLLEGE 204 THOMAS BOYD HALL BATON ROUGE LA 70803 726000848 501(C)(3) 27271 0 EDUCATION PENNSYLVANIA STATE UNIVERSITY 227 W BEAVER AVENUE SUITE 401 STATE COLLEGE PA 16801 246000376 501(C)(3) 19025 0 EDUCATION VIRGINIA STATE UNIVERSITY PO BOX 9415 PETERSBURG VA 23806 546001811 501(C)(3) 16367 0 EDUCATION ALCORN STATE UNIVERSITY 1000 ASU DRIVE 509 ALCORN STATE MS 39096 646000013 501(C)(3) 13704 0 EDUCATION SOUTHERN UNIVERSITY PO BOX 10010 BATON ROUGE LA 70813 726000817 501(C)(3) 13256 0 EDUCATION LINCOLN UNIVERSITY OF MISSOURI OFC OF THE COMPTROLLER PO BOX 29 JEFFERSON CITY MO 65102 231352655 501(C)(3) 12401 0 EDUCATION UNIVERSITY OF MARYLAND EASTERN SHORE COMPTROLLERS OFFICE PRINCESS ANNE MD 21853 526002033 501(C)(3) 10125 0 EDUCATION TUSKEGEE UNIVERSITY 1200 W MONTGOMERY RD TUSKEGEE AL 36088 630288878 501(C)(3) 7945 0 EDUCATION ALABAMA A&M UNIVERSITY 105 PATTON BLDG NORMAL AL 35762 636001097 501(C)(3) 5899 0 EDUCATION INDIANA UNIVERSITY PO BOX 78000 DETROIT MI 48278 356001673 501(C)(3) 5200 0 EDUCATION 18 0 SCHOLARSHIPS 4639 32754518 0 OTHER GRANTS AND ASSISTANCE 630 7227516 0 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BASED UPON MERIT OR FINANCIAL NEED. STUDENTS APPLY FOR INDIVIDUAL SCHOLARSHIPS THROUGH THE OFFICE OF INSTITUTIONAL ADVANCEMENT AND ARE AWARDED BASED UPON THE CRITERIA FOR EACH INDIVIDUAL SCHOLARSHIP THEY ARE AWARDED BY A COMMITTEE. ATHLETIC SCHOLARSHIPS ARE AWARDED DURING THE RECRUITMENT PROCESS AND ARE AWARDED BASED UPON MERIT. FRESHMAN ENROLLMENT SCHOLARSHIPS ARE OFFERED TO INCOMING FRESHMEN BASED UPON THEIR INDIVIDUAL HIGH SCHOOL PERFORMANCE, SAT SCORES, AND FINANCIAL NEEDS. THE UNIVERSITY PROVIDES SCHOLARSHIPS TO STUDENTS MATRICULATING AT THE COLLEGE, THEREFORE, ALL FUNDS GRANTED ARE USED TO DEFRAY THE COST OF TUITION AND ARE APPLIED DIRECTLY TO THE STUDENT'S DSU ACCOUNT, SO NO FURTHER MONITORING OF THE GRANTS IS REQUIRED IN ORDER TO ENSURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 ANTIONE ALLEN PRESIDENT 496142 0 165371 0 552 0 153252 0 25546 0 840863 0 0 0 SAUNDRA DELAUDER PROVOST & VP ACADEMIC AFFAIRS 244808 0 10000 0 1584 0 60174 0 23081 0 339647 0 0 0 MICHAEL CASSON DEAN 264561 0 0 0 552 0 61331 0 10520 0 336964 0 0 0 CLEON CAULEY SENIOR VP/COO 247425 0 10000 0 360 0 60174 0 15590 0 333549 0 0 0 STACY DOWNING VP STRATEGIC INITIATIVES 218212 0 30000 0 360 0 57748 0 10441 0 316761 0 0 0 IRENE CHAPMAN-HAWKINS CHIEF ADMINISTRATIVE OFFICER 204921 0 20000 0 3048 0 53170 0 27428 0 308567 0 0 0 ANTONIO BOYLE VP STRATEGIC ENROLLMENT 214995 0 20000 0 0 0 55023 0 16308 0 306326 0 0 0 GWENDOYLN SCOTT-JONES DEAN 226591 0 0 0 341 0 53099 0 25563 0 305594 0 0 0 ANAS BEN ADDI VP OF FINANCE/CFO 204300 0 5000 0 0 0 49568 0 28853 0 287721 0 0 0 LAKRESHA MOULTRIE VP & GENERAL COUNSEL 201244 0 15000 0 240 0 50642 0 16367 0 283493 0 0 0 VITA PICKRUM VP INST ADVANCEMENT 199388 0 10000 0 0 0 48734 0 10520 0 268642 0 0 0 CLYTRICE WATSON ASSOCIATE PROVOST 193390 0 0 0 552 0 46046 0 27428 0 267416 0 0 0 YOUNGSIK KWAK PROFESSOR 196351 0 0 0 2879 0 46436 0 21611 0 267277 0 0 0 FENGSHAN LIU ASSOC VP INTERNATIONAL AFFAIRS 190023 0 0 0 1584 0 45035 0 24229 0 260871 0 0 0 RAYMOND TUTU PROFESSOR 179367 0 0 0 342 0 41983 0 24738 0 246430 0 0 0 ALECIA SHIELDS DIRECTOR OF ATHLETICS 188212 0 0 0 0 0 43986 0 10441 0 242639 0 0 0 BERNARD PRATT ASSOCIATE VP 168106 0 7500 0 552 0 41323 0 20553 0 238034 0 0 0 TERRY PARKER JEFFRIES ASSISTANT DEAN 177709 0 0 0 524 0 41723 0 16308 0 236264 0 0 0 RODERICK MILSTEAD HEAD FOOTBALL COACH 175956 0 0 0 552 0 41449 0 16308 0 234265 0 0 0 CHERESE WINSTEAD DEAN 166350 0 0 0 337 0 39197 0 16183 0 222067 0 0 0 DARRELL MCMILLON CHIEF INFORMATION OFFICER 175000 0 5000 0 0 0 41669 0 0 0 221669 0 0 0 FRANCINE EDWARDS DEPUTY CHIEF ADMINISTRATIVE OFFICER 154537 0 0 0 552 0 36972 0 27428 0 219489 0 0 0 JACKIE GRIFFITH CHIEF OF STAFF 145334 0 15000 0 360 0 38140 0 17969 0 216803 0 0 0 MARSHA HORTON SPECIAL ASSISTANT TO VP 147271 0 0 0 3048 0 34968 0 16999 0 202286 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE PRESIDENT, AS PART OF HIS BENEFIT PACKAGE, RESIDES IN A UNIVERSITY-OWNED PROPERTY THAT IS LOCATED ON THE UNIVERSITY'S PREMISES. THE PRESIDENT IS REQUIRED TO ACCEPT THIS HOUSING AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY. ALL OF THIS BENEFIT WAS EXCLUDE-ABLE, AND THEREFORE EXCLUDED, FROM TAXABLE COMPENSATION. HEALTH CLUB DUES: THE UNIVERSITY PROVIDED MEMBERSHIP TO A HEALTH CLUB FOR THE PRESIDENT. ALL OF THIS BENEFIT WAS EXCLUDE-ABLE, AND THEREFORE EXCLUDED, FROM TAXABLE COMPENSATION. PERSONAL SERVICES: THE UNIVERSITY PROVIDED PERSONAL SERVICES TO THE PRESIDENT THAT ARE ANCILLARY TO THE BENEFITS HE RECEIVES WITH THE HOUSING PACKAGE. PERSONAL SERVICES INCLUDE A HOUSE MANAGER AND A CAR AND DRIVER. ALL OF THIS BENEFIT WAS EXCLUDE-ABLE, AND THEREFORE EXCLUDED, FROM TAXABLE COMPENSATION. PART I, LINE 7 BONUSES PAID ARE BASED ON A NUMBER OF VARIABLES INCLUDING BUT NOT LIMITED TO INDIVIDUAL GOAL ACHIEVEMENTS AS WELL AS OPERATION ACHIEVEMENTS. THE FINAL DETERMINATION OF THE BONUS AMOUNT IS DETERMINED AND APPROVED BY THE BOARD AS PART OF THE COMPENSATION REVIEW, WHICH INCLUDES THE USE OF COMPARABILITY DATA. A DELAWARE ECONOMIC DEVELOPMENT AUTHORITY 510269736 246387QD9 2012-03-01 34161528 PAY 5/11/1999 AND 1/21/2004 BOND ISSUES 0 0 0 B DELAWARE ECONOMIC DEVELOPMENT AUTHORITY 510269736 246387RJ5 2014-12-18 32953404 PAY 1/21/2004 BOND ISSUE, CONSTR. OF OSCAR, ACQ. OF COURTYARD AND SHERATON 0 0 0 C DELAWARE ECONOMIC DEVELOPMENT AUTHORITY 510269736 246387SS4 2017-04-04 45619598 PAY 12/20/2007 BOND ISSUE 0 0 0 A 12040000 34299942 2174013 444822 31681107 2012 1 0 1 1 B 6100000 33043410 2127181 529801 118459 17201133 13066836 2014 1 0 1 1 C 6325000 45619598 569838 152362 44897398 2017 0 1 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 C 0 0 1 1 0 0.00000 0.00000 0.00000 1 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 A 0 B 0 C 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: DELAWARE ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2022 ISSUER NAME: DELAWARE ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2022 SCHEDULE K, PART I, COLUMN (E) V. PART II, LINE 3: DELAWARE ECONOMIC DEVELOPMENT AUTHORITY ISSUE DATE 12/18/2014: GROSS PROCEEDS IN RESERVE FUNDS INCLUDES GAIN OF $90,006. SCHEDULE K, PART I, COLUMN (E) V. PART II, LINE 3: DELAWARE ECONOMIC DEVELOPMENT AUTHORITY ISSUE DATE 03/01/2012: GROSS PROCEEDS IN RESERVE FUNDS INCLUDES INVESTMENT EARNINGS OF $138,414. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE LEADERSHIP COMMITTEE SHALL CONSIST OF THE CHAIR OF THE BOARD, THE VICE CHAIR(S) OF THE BOARD, AND SELECT CHAIRPERSONS OF THE STANDING COMMITTEES AND MEMBERS AT-LARGE AS MAY BE APPOINTED BY THE CHAIR OF THE BOARD. THE COMMITTEE SHALL BE COMPRISED OF NO MORE THAN SIX (6) MEMBERS. THE CHAIR OF THE BOARD SHALL PRESIDE AT ALL MEETINGS OF THE COMMITTEE. A MAJORITY OF THE MEMBERS SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. IN ANY INTERVAL BETWEEN THE REGULAR MEETINGS OF THE BOARD, THE COMMITTEE SHALL HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES WHEN A MAJORITY OF THE COMMITTEE DEEMS SUCH ACTION NECESSARY FOR THE WELFARE OF THE UNIVERSITY; PROVIDED THAT THE COMMITTEE SHALL NOT HAVE THE POWER TO AMEND THE BYLAWS, TO FILL VACANCIES OR REMOVE ANY MEMBER OF THE BOARD OR TO AUTHORIZE THE SALE, LEASE OR ENCUMBRANCE OF ANY OF THE PROPERTY AND ASSETS OF THE UNIVERSITY. THE EXECUTIVE COMMITTEE SHALL REPORT VERBALLY AND/OR IN WRITTEN FORM, ON ITS ACTIONS AT THE NEXT REGULARLY SCHEDULED MEETING OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE UNIVERSITY AND THE GOVERNOR OF THE STATE OF DELAWARE ARE TRUSTEES OF THE UNIVERSITY PER THE BYLAWS. EIGHT TRUSTEES SHALL BE APPOINTED AND COMMISSIONED BY THE GOVERNOR FOR A TERM OF 6 YEARS EACH, TO BEGIN UPON THE EXPIRATION OF THE TERM OF THE TRUSTEE WHOM EACH IS TO SUCCEED. TWO SUCH TRUSTEES SHALL RESIDE IN EACH COUNTY OF THE STATE. THE GOVERNOR SHALL FILL ANY VACANCIES THAT OCCUR AS TO APPOINTMENTS MADE BY THE GOVERNOR. FORM 990, PART VI, SECTION B, LINE 11B THE UNIVERSITY'S FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE UNIVERSITY'S FINANCIAL DEPARTMENT. THE FORM 990 IS REVIEWED BY THE VP OF FINANCE AND THE CONTROLLER. A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY REQUIRES DISCLOSURE FROM OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ON A CONTINUOUS BASIS. AT ANY TIME THAT A RELATIONSHIP IS ENTERED INTO, THE MEMBER IS REQUIRED TO INFORM THE CHAIRMAN OF THE BOARD OF TRUSTEES TO DETERMINE WHETHER A CONFLICT EXISTS. A RECERTIFICATION STATEMENT IS ALSO REQUIRED ANNUALLY. IF THERE IS REASONABLE CAUSE TO BELIEVE THAT A DSU EMPLOYEE HAS INTENTIONALLY FAILED TO DISCLOSE AN ACTUAL CONFLICT OF INTEREST THE NON-DISCLOSURE SHOULD BE REPORTED TO HUMAN RESOURCES. IF AN INVESTIGATION OF THE FACTS DETERMINES AN ACTUAL CONFLICT OCCURRED AND THE EMPLOYEE INTENTIONAL FAILED TO DISCLOSE THE CONFLICT DISCIPLINARY MEASURES WILL BE IMPLEMENTED, INCLUDING POSSIBLE TERMINATION OF EMPLOYMENT. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY UNDERTAKES A THOROUGH PROCESS TO DETERMINE ALL OFFICER AND KEY EMPLOYEE COMPENSATION. THIS PROCESS INCLUDES EACH BOARD OF TRUSTEE MEMBER SPECIFICALLY DISCUSSING PERFORMANCE IN A SPECIAL ANNUAL MEETING. EVIDENCE SUPPORTS COMPENSATION ALONG WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATIONS AND THE DECISION THAT IS MADE FOR EACH EMPLOYEE BY THE BOARD OF TRUSTEES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FINANCIAL STATEMENTS ARE PUBLISHED ON THE UNIVERSITY'S WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 8,952,654. MANAGEMENT AND GENERAL EXPENSES 31,885,725. FUNDRAISING EXPENSES 25,810. TOTAL EXPENSES 40,864,189. DELAWARE STATE UNIVERSITY FOUNDATION INC 1200 NORTH DUPONT HIGHWAY DOVER DE 19901 201372435 FUNDRAISING DE 501(C)(3) LINE 12A, I DELAWARE STATE UNIVERSITY 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 DELAWARE STATE UNIVERSITY FOUNDATION INC C 2126373 CASH DELAWARE STATE UNIVERSITY FOUNDATION INC Q 1968497 CASH