2025-05-15T21:46:18-05:00 2024-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2023-07-01 475219553 CENTENARY EQUESTRIAN FOUNDATION LLC CENT 9735388008 400 JEFFERSON STREET HACKETTSTOWN NJ 07840 DR DALE CALDWELL PRESIDENT 9088521400 2025-05-15 1 1 GARRETT M HIGGINS P00543209 2017129800 2025-05-15 2023 2025-03-06 01:10:19Z DR DALE CALDWELL 400 JEFFERSON STREET HACKETTSTOWN NJ 07840 309533 0 X N/A X LLC 2015 NJ TO OWN PROPERTY FOR THE BENEFIT AND SUPPORT OF CENTENARY UNIVERSITY. 7 5 0 5 0 0 0 0 1238134 309533 0 0 0 0 1238134 309533 0 0 0 0 0 0 0 0 0 3334222 3033368 3334222 3033368 -2096088 -2723835 73749622 72115431 30035012 31124656 43714610 40990775 THE PURPOSE OF THE ORGANIZATION IS TO OWN THE REAL PROPERTY AND IMPROVEMENTS OF THE CENTENARY UNIVERSITY CAMPUS AND EQUINE CENTER FACILITIES. 0 0 2887767 309533 THE PURPOSE OF THE ORGANIZATION IS TO OWN THE REAL PROPERTY AND IMPROVEMENTS OF THE CENTENARY UNIVERSITY CAMPUS AND EQUINE CENTER FACILITIES. 2887767 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 0 0 0 X LAURA TAKACH 9088521400 400 JEFFERSON STREET HACKETTSTOWN NJ 07840 DENTON STARGEL TREASURER 1.00 35.00 X X 0 196561 14032 MICHAEL CATAPANO TRUSTEE 1.00 3.00 X 0 0 0 WOLFGANG GSTATTENBAUER TRUSTEE 1.00 3.00 X 0 0 0 DAVID JOHNSON TRUSTEE 1.00 3.00 X 0 0 0 KELLY MUNZ TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY YACULLO TRUSTEE 1.00 0.00 X 0 0 0 DR DALE CALDWELL PRESIDENT 1.00 35.00 X X 0 151359 60787 CLAUDIA IZZI SECRETARY, THRU 7/15/23 1.00 35.00 X 0 35425 4594 BRUCE MURPHY FORMER PRESIDENT 0.00 0.00 X 0 178694 927 0 562039 80340 0 1 1 0 0 RENTAL TO UNIVERSITY 532000 309533 309533 309533 309533 309533 0 0 597533 568852 28681 2435835 2318915 116920 3033368 2887767 145601 0 138199 25000 90983675 49505979 43645185 41477696 753287 731131 29212951 29881604 73749622 72115431 88902 400239 29946110 30724417 30035012 31124656 X 43714610 40990775 43714610 40990775 73749622 72115431 -2723835 0 X X 0 1 X 0 0 X X X 1 CENTENARY UNIVERSITY 221500484 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART I, LINE 12G COLUMN (VI): CENTENARY EQUESTRIAN FOUNDATION PROVIDES THE USE OF ALL OF ITS CAMPUS PROPERTY TO CENTENARY UNIVERSITY. THE AMOUNT OF RENTAL REVENUE IS $309,533, AS REPORTED IN 990 PART VIII, LINE 2A. 302151 302151 85422515 47100440 38322075 5259009 2405539 2853470 41477696 DUE FROM CENTENARY UNIVERSITY 29881604 29881604 X 33257694 32948161 32948161 309533 0 309533 37630168 34596800 34596800 3033368 0 3033368 PART X, LINE 2: FOLLOWING IS THE FOOTNOTE FROM CONSOLIDATED AUDITED FINANCIAL STATEMENTS IN WHICH THE ORGANIZATION IS INCLUDED: CENTENARY UNIVERSITY AND THE FOUNDATION ACCOUNT FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORELIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT JUNE 30, 2024 AND 2023. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE IN THE CONSOLIDATED FINANCIAL STATEMENTS ATTRIBUTABLE TO THE UNIVERSITY 32,948,161. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES IN THE CONSOLIDATED FINANCIAL STATEMENTS ATTRIBUTABLE TO THE UNIVERSITY 34,596,800. 0 0 0 0 0 0 0 0 0 DR DALE CALDWELL PRESIDENT 0 146859 0 0 0 4500 0 0 0 60787 0 212146 0 0 DENTON STARGEL TREASURER 0 188511 0 5000 0 3050 0 0 0 14032 0 210593 0 0 BRUCE MURPHY FORMER PRESIDENT 0 175694 0 0 0 3000 0 0 0 927 0 179621 0 0 PART I, LINE 3 THE OFFICERS REPORTED IN PART II ARE COMPENSATED BY CENTENARY UNIVERSITY, A RELATED TAX-EXEMPT ORGANIZATION WHICH USED THE FOLLOWING METHODS TO ESTABLISH THEIR COMPENSATION: THE USE OF A BOARD-DESIGNATED PERSONNEL COMMITTEE, COMPENSATION SURVEYS USING COMPARABLE DATA FROM OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OF CENTENARY UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS CENTENARY UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, CENTENARY UNIVERSITY, ELECTS ALL BOARD TRUSTEES. NO TRUSTEE MAY BE APPOINTED, ELECTED OR SERVE BY DESIGNATION OF ANY OTHER PERSON OR FUTURE MEMBER OTHER THAN CENTENARY UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN GOVERNANCE DECISIONS OF THE ORGANIZATION ARE SUBJECT TO THE APPROVAL OF CENTENARY UNIVERSITY, THE SOLE MEMBER. THESE DECISIONS INCLUDE DETERMINING THE NUMBER OF TRUSTEES, THE DECISION TO TRANSFER AN INTEREST OF THE ORGANIZATION, AND THE DECISION TO DISSOLVE THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY THE CFO AND CONTROLLER, OF CENTENARY UNIVERSITY, AND IS PRESENTED TO THE AUDIT COMMITTEE AND THE FULL BOARD OF TRUSTEES OF THE UNIVERSITY. ALL TRUSTEES RECEIVE A COMPLETE COPY OF THE FORM 990 AFTER FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE IS REQUIRED UPON HIRE, AND ANNUALLY, TO COMPLETE A "CONFLICT OF INTEREST QUESTIONNAIRE." THIS IS MONITORED BY BUSINESS, FINANCE AND HUMAN RESOURCES. KEY ITEMS REVIEWED INCLUDE ASKING IF THE PERSON OR MEMBER OF THEIR FAMILY HAS BUSINESS DEALINGS WITH THE FOUNDATION OR ORGANIZATIONS AFFLIATED WITH THE FOUNDATION. IF A CONFLICT IS DETERMINED TO EXIST, IT IS RESOLVED ACCORDINGLY, WHICH INCLUDEDS ENSURING THE INDIVIDUAL IS EXCUSED FROM DISCUSSION ON ANY MATTERS ASSOCIATED WITH THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC REVIEW UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OF CENTENARY UNIVERSITY, THE SOLE MEMBER OF THE FOUNDATION, OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CENTENARY UNIVERSITY 400 JEFFERSON STREET HACKETTSTOWN NJ 07840 221500484 POST SECONDARY EDUCATION NJ 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 1 1