2025-05-06T17:32:50-05:00 2024-06-30 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2023-07-01 141442493 MARIST UNIVERSITY MARI 8455753000 3399 NORTH ROAD POUGHKEEPSIE NY 12601 ELIZABETH VEASEY CFO 8455753000 2025-05-06 1 0 DANIEL ROMANO P00504182 2125990100 2023 2025-03-06 01:10:19Z X KEVIN WEINMAN 3399 NORTH ROAD POUGHKEEPSIE NY 12601 531814864 0 X WWW.MARIST.EDU X 1946 NY MARIST UNIVERSITY IS DEDICATED TO HELPING DEVELOP THE INTELLECT, CHARACTER (CONT IN SCHEDULE O)AND SKILLS REQUIRED FOR ENLIGHTENED, ETHICAL, AND PRODUCTIVE LIVES IN THE GLOBAL COMMUNITY OF THE 21ST CENTURY. 29 29 3748 226 1051376 127527 10448568 9515497 305295333 313705393 12876957 50386029 4380634 5875666 333001492 379482585 102310990 106925443 0 0 120354681 127428779 142160 365051 2740727 95447247 99328494 318255078 334047767 14746414 45434818 1014810614 1081904140 273479902 271316575 741330712 810587565 X MARIST UNIVERSITY IS DEDICATED TO HELPING STUDENTS DEVELOP THE INTELLECT, CHARACTER AND SKILLS REQUIRED FOR ENLIGHTENED, ETHICAL, AND PRODUCTIVE LIVES IN THE GLOBAL COMMUNITY OF THE 21ST CENTURY. 0 0 263019376 104897172 252695238 MARIST UNIVERSITY IS A HIGHLY SELECTIVE, COMPREHENSIVE INSTITUTION. MARIST IS CHARTERED BY THE STATE OF NEW YORK AND ITS POUGHKEEPSIE AND FLORENCE, ITALY CAMPUSES ARE FULLY ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION (MSCHE). MARIST'S STUDENT BODY IS COMPRISED OF 5,615 UNDERGRADUATE STUDENTS AND 805 GRADUATE STUDENTS WITH 67 BACHELOR'S PROGRAMS, 16 MASTER'S PROGRAMS, 11 CERTIFICATE PROGRAMS, AND 1 DOCTORAL PROGRAM. (CONTINUED IN SCHEDULE O)FOUNDED IN 1929, MARIST'S 250-ACRE CAMPUS OVERLOOKS THE HUDSON RIVER IN THE HEART OF THE HISTORIC HUDSON VALLEY AND IS SITUATED MIDWAY BETWEEN NEW YORK CITY AND ALBANY, THE STATE CAPITAL. WHAT STARTED AS A SCHOOL FOR THE TRAINING OF FUTURE MARIST BROTHERS HAS DEVELOPED INTO ONE OF THE MOST SELECTIVE UNIVERSITIES IN THE NATION. MARIST IS ECUMENICAL IN CHARACTER AND REFLECTS THE IDEALS OF THE MARIST BROTHERS' FOUNDER, ST. MARCELLIN CHAMPAGNAT: COMMITMENT TO EXCELLENCE IN EDUCATION, THE IMPORTANCE OF COMMUNITY, AND DEDICATION TO THE PRINCIPLE OF SERVICE. MARIST UNIVERSITY IS DEDICATED TO THE DEVELOPMENT OF THE WHOLE PERSON IN A WAY THAT WILL PREPARE OUR GRADUATES TO LEAD ENLIGHTENED, ETHICAL, AND PRODUCTIVE LIVES IN THE GLOBAL COMMUNITY OF THE 21ST CENTURY. 41831273 2028271 61010155 MARIST UNIVERSITY PROVIDES A VARIETY OF AUXILIARY SERVICES TO BOTH ITS STUDENTS AND EMPLOYEES IN SUPPORT OF ITS EDUCATIONAL MISSION. AS PART OF THE STUDENT EXPERIENCE, MARIST OFFERS A VARIETY OF UNIVERSITY HOUSING TO OVER 3400 STUDENTS IN CORRIDOR, SUITE, APARTMENT, AND TOWNHOUSE-STYLE RESIDENCES. THE RESIDENTIAL LIFE PROGRAM AT MARIST IS BASED UPON THE PHILOSOPHY OF PROVIDING STUDENTS WITH A SAFE, HEALTHY, AND ATTRACTIVE LIVING-LEARNING ENVIRONMENT THAT SUPPORTS AND SUPPLEMENTS THE EDUCATIONAL MISSION OF THE UNIVERSITY. (CONTINUED IN SCHEDULE O)STUDENTS ARE HOUSED USING A "RITES OF PASSAGE" PHILOSOPHY, WHICH RECOGNIZES THAT A STUDENT'S DEVELOPMENT SHOULD BE SUPPORTED BY HIS/HER LIVING ENVIRONMENT, ANOTHER LARGE AUXILIARY FUNCTION INCLUDES FOOD SERVICE THROUGH BOTH A RESIDENT AND RETAIL DINING PROGRAM. THE RESIDENT DINING OPERATION PROVIDES FOOD ON A DAILY BASIS TO OVER 3000 PARTICIPANTS. THE CAMPUS'S RETAIL CAFES OFFER A WIDE SELECTION OF HOT AND COLD DRINKS, SOUPS, SALADS, SANDWICHES, AND SNACKS. THE CAMPUS DINING EXPERIENCE IS FOCUSED ON CULINARY EXPERTISE, FRESH LOCAL AND REGIONAL INGREDIENTS, HEALTHY OPTIONS, AND A SHARED SENSE OF ENVIRONMENTAL AND SOCIAL RESPONSIBILITY. OTHER CAMPUS AUXILIARY SERVICES INCLUDE A BOOKSTORE, COMPUTER STORE, AND A CAMPUS/COMMUNITY DEBIT CARD ACCOUNT KNOWN AS MARIST MONEY. THROUGHOUT ALL OF THE UNIVERSITY'S AUXILIARY SERVICES, AN EMPHASIS IS PLACED ON PROMOTING SUSTAINABLE PRACTICES WHERE APPLICABLE AND INCLUDE, BUT ARE NOT LIMITED TO, EDUCATING FACULTY, STAFF, AND STUDENTS ABOUT THE IMPACT OF THEIR ACTIONS ON THE ENVIRONMENT; IDENTIFYING, ESTABLISHING, AND PUBLICIZING SUSTAINABILITY PRINCIPLES, GOALS, AND BEST PRACTICES; PROVIDING A FRAMEWORK FOR GUIDING SUSTAINABLE PROCEDURES, PROGRAMS, AND INITIATIVES; AND MONITORING AND REPORTING PROGRESS ON CAMPUS SUSTAINABILITY INITIATIVES. MARIST UNIVERSITY VOLUNTARILY CONTRIBUTES TO FAIRVIEW FIRE DISTRICT'S ANNUAL FUNDRAISING CAMPAIGN AND CONTRIBUTES FUNDS FOR CAPITAL IMPROVEMENT.FORM 990, PART V, LINE 1A:AMOUNT REPORTED IN BOX 3 OF FORM 1096MARIST UNIVERSITY IS REPORTING THE NUMBER FROM FORM 1096, BOX 3, LESS THE AMOUNT OF FORMS 1098-T PROVIDED TO STUDENTS DURING THE YEAR. FOR 2023, THERE WERE 7,100 FORMS 1098-T ISSUED. 304850649 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 358 1 1 3748 1 1 1 1 SP IT FR 0 0 0 1 1 0 0 0 0 1 0 X 29 29 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X ELIZABETH VEASEY CFO VP OF BA 8455753000 3399 NORTH ROAD POUGHKEEPSIE NY 12601 ROSS A MAURI CHAIR 2.00 0.00 X X 0 0 0 DIRK MCMAHON VICE CHAIR 1.00 0.00 X 0 0 0 GENINE MCCORMICK VICE CHAIR 1.00 0.00 X 0 0 0 CHRISTOPHER G MCCANN TRUSTEE 1.00 0.00 X 0 0 0 TIM TENNEY TRUSTEE 1.00 0.00 X 0 0 0 JAMES M BARNES TRUSTEE 1.00 0.00 X 0 0 0 STEVEN EFFRON TRUSTEE 1.00 0.00 X 0 0 0 GREG GARTLAND TRUSTEE 1.00 0.00 X 0 0 0 STANLEY E HARRIS TRUSTEE 1.00 0.00 X 0 0 0 DANIEL G HICKEY SR TRUSTEE 1.00 0.00 X 0 0 0 JAMES P HONAN TRUSTEE 1.00 0.00 X 0 0 0 BROTHER JOHN KLEIN TRUSTEE (THRU 05/2024) 1.00 0.00 X 0 0 0 RAJESH KOTHAPALLI TRUSTEE (AS OF 02/2024) 1.00 0.00 X 0 0 0 NEIL BENDER TRUSTEE (THRU 02/2024) 1.00 0.00 X 0 0 0 SUSAN L COHEN TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN COSGROVE TRUSTEE 1.00 0.00 X 0 0 0 LAURIE DEJONG TRUSTEE 1.00 0.00 X 0 0 0 MARK V DENNIS TRUSTEE 1.00 0.00 X 0 0 0 DONNA DILLENBERGER TRUSTEE 1.00 0.00 X 0 0 0 PATRICK M LAVELLE TRUSTEE 1.00 0.00 X 0 0 0 MAUREEN O'ROURKE TRUSTEE 1.00 0.00 X 0 0 0 ALVIN PATRICK TRUSTEE 1.00 0.00 X 0 0 0 JEROME A PICKETT TRUSTEE 1.00 0.00 X 0 0 0 ROBERT SHANAHAN TRUSTEE 1.00 0.00 X 0 0 0 DONALD DUET TRUSTEE 1.00 0.00 X 0 0 0 ROBERT R DYSON TRUSTEE 1.00 0.00 X 0 0 0 KRISTIN NOTO TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY LORELLO TRUSTEE 1.00 0.00 X 0 0 0 THOMAS M MURRAY TRUSTEE (AS OF 02/2024) 1.00 0.00 X 0 0 0 CJAMES TAYLOR III TRUSTEE (AS OF 02/2024) 1.00 0.00 X 0 0 0 ELIZABETH K VENUTI TRUSTEE (AS OF 02/2024) 1.00 0.00 X 0 0 0 KEVIN WEINMAN PRESIDENT 50.00 0.00 X 972219 0 207982 GEOFFREY L BRACKETT EXEC. VP FOR OPS & COMM. RELATIONS 50.00 1.00 X 443251 0 81330 ELIZABETH VEASEY VP OF BUSINESS AFFAIRS/CFO 50.00 1.00 X 334187 0 73990 THOMAS WERMUTH VP OF ACADEMIC AFFAIRS 50.00 0.00 X 322766 0 51198 CATHERINE KODAT PROVOST & DEAN OF FACULTY 50.00 0.00 X 334402 0 21849 EMILY SALAND - VP OF STRATEGIC INITIATIVES & CHIEF OF STAFF 50.00 0.00 X 234384 0 70824 SEAN P KAYLOR VP OF ADMISSIONS & ENROLLMENT 50.00 0.00 X 343227 0 80147 DARYL RICHARD VP FOR COMM. & MKTG. 50.00 0.00 X 341758 0 19701 CHRISTOPHER DELGIORNO VP OF COLLEGE ADVANCEMENT 50.00 0.00 X 277925 0 66054 DEBORAH DICAPRIO VP/DEAN OF STUDENT AFFAIRS 50.00 0.00 X 269144 0 58606 SIMA SARAN AHUJA GENERAL COUNSEL 50.00 0.00 X 211214 0 56571 JOHN DUNNE HEAD COACH, MEN'S BASKETBALL 50.00 0.00 X 411838 0 38423 LEE MIRINGOFF DIRECTOR OF MIPO 50.00 0.00 X 323475 0 64758 MICHAEL CAPUTO VP OF INFORMATION TECHNOLOGY/CIO 50.00 0.00 X 327110 0 54469 ROGER NORTON DEAN, COMPUTER SCIENCE & MATH 50.00 0.00 X 266793 0 60105 WILLIAM LAMB DEAN, SCHOOL OF MANAGEMENT 50.00 0.00 X 248638 0 59962 DENNIS J MURRAY PRESIDENT EMERITUS 50.00 0.00 X 806967 0 68528 JOHN RITSCHDORFF ASSOC. VP OF ACADEMIC AFFAIRS 50.00 0.00 X 113345 0 26902 6582643 0 1161399 233 1 1 0 PIKE COMPANY INC 1 CIRCLE STREET ROCHESTER NY 14607 PLANT CONSTRUCTION 28519764 SODEXO INC AND AFFILIATES 9801 WASHINGTON BOULEVARD GAITHERSBURG MD 20878 FOOD SERVICE 6157558 COMPASS GROUP USA INCORPORATED 2400 YORKMONT ROAD CHARLOTTE NC 28217 FOOD SERVICE 6039628 UMBRELLA DIGITAL LLC 30 MONTGOMERY STREET SUITE 300 JERSEY CITY NJ 07302 DIGITAL MARKETING 2040000 MAINLINE INFORMATION SYSTEMS INC PO BOX 11407 DEPT 1659 BIRMINGHAM AL 35246 IT SERVICES 1446867 48 28374 3286150 6200973 427160 9515497 TUITION & FEES 611310 252695238 252695238 ROOM & BOARD 721310 61010155 61010155 313705393 10097874 10097874 109836 0 109836 109836 109836 192524122 152235967 40288155 40288155 40288155 103897 28374 81132 22765 22765 123360 15180 108180 108180 ATHLETICS 711210 1341502 1341502 STUDENT ACTIVITES AND CLUBS 611710 839471 839471 IT CONTRACTS 541511 652080 652080 2801832 399296 2402536 5634885 379482585 313705393 1051376 55210319 250000 250000 106675443 106675443 4969808 829416 3122000 1018392 88623038 79541484 8512529 569025 7483051 6571427 831277 80347 19739795 17702558 1812017 225220 6613087 6060657 478716 73714 10289210 10289210 696724 6728 689996 279919 279919 365051 365051 2386631 2386631 6360724 4304401 1899228 157095 2499731 2213602 285282 847 5278276 4009772 1181934 86570 6259679 5916950 341853 876 1727250 1397741 293730 35779 10517476 9834578 680133 2765 5542495 5320456 189339 32700 723883 661950 55825 6108 8289684 8270034 19650 18098592 17458248 640344 1993606 295356 1698250 INTERNATIONAL PROGRAM 10103297 10103297 CATERING & EVENTS 1760653 1355307 388543 16803 UNIFORMS/ATHLETIC EQUIP 1204865 1204865 R/A ROOM AND BOARD COST 1125213 1125213 4190586 3451956 669195 69435 334047767 304850649 26456391 2740727 115054 202756 83068982 84614938 3647275 3364687 2733421 2970461 2027014 2525107 244710 275169 2522108 3809582 742974060 309727181 405239945 433246879 72239510 76121494 392384531 452464536 50588064 22308531 1014810614 1081904140 28338888 28090766 8593472 10635159 224295819 220415526 12251723 12175124 273479902 271316575 X 630144883 687869123 111185829 122718442 741330712 810587565 1014810614 1081904140 X 45434818 25373922 -2386631 834744 X 0 1 X 1 1 1 X 12955817 14847219 19681323 10448568 9515497 67448424 12955817 14847219 19681323 10448568 9515497 67448424 650475 66797949 2481681 1803551 2116904 6041942 10207710 22651788 96387 192242 157920 160161 127527 734237 4046304 2054733 3469313 3526944 4810766 17908060 108742509 1458579370 0.61430 0.67010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 2957 2957 0 PART II-B, LINE 1: LOBBYING EXPENSE THE UNIVERSITY IS A MEMBER OF THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU), THE COMMISSION ON INDEPENDENT COLLEGES & UNIVERSITIES (CICU) AND AMERICAN COUNCIL ON EDUCATION (ACE). THESE ORGANIZATIONS PROMOTE THE NEEDS OF HIGHER EDUCATION AND PROVIDES INFORMATION TO THE INDUSTRY. THEY PROVIDE AN ALLOCATION OF THE ANNUAL DUES TO LOBBYING EFFORTS UPON REQUEST AND SUCH AMOUNTS HAVE BEEN DISCLOSED. 7897625 X X X 0 0 412133111 2421295 56760435 2066775 963223 468284843 378024822 1566712 35146216 1921158 683481 412133111 416682438 2111025 -38414888 1616039 737714 378024822 312885533 2261959 103524213 1480555 508712 416682438 297590169 5383555 11779580 1312584 555187 312885533 0.78200 0.21800 0 0 9207987 9207987 402499571 156397074 246102497 172609756 72475359 100134397 87843883 77490655 10353228 70812863 3364093 67448770 433246879 DIRECT FOREIGN INVESTMENTS 261560002 F OTHER ALTERNATIVE INVESTMENTS 190904534 F 452464536 ACCRUED POST RETIREMENT-BENEFITS 6632787 OPERATING LEASE LIABILITIES 3245217 US GOV'T GRANT REFUNDABLE 1767534 ANNUITIES PAYABLE 325788 CAPITAL LEASE OBLIGATIONS 203798 12175124 X 233396916 25373922 -62397517 -37023595 270420511 2386631 106675443 109062074 379482585 225422377 436686 436686 224985691 2386631 106675445 109062076 334047767 PART III, LINE 4: COLLECTION OF ARTWORKS THE UNIVERSITY HOLDS A CULTURALLY AND HISTORICALLY DIVERSE COLLECTION OF ARTWORK, BOOKS, SCULPTURES, ARCHIVES, FILM REELS AND VARIOUS MEDIA THAT SERVE PRIMARILY AS LEARNING AND RESEARCH RESOURCES FOR FACULTY AND STUDENTS. PART V, LINE 4: ENDOWMENT FUNDS ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR SCHOLARSHIPS AND TO SUPPORT ACADEMIC PROGRAMS OF THE UNIVERSITY. PART X, LINE 2: FIN 48 DISCLOSURE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION ARE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS ONLY IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE POSITION MAY BE CHALLENGED. THE UNIVERSITY IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSES, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. PART XI, LINE 2D - OTHER ADJUSTMENTS: DISPOSAL OF FIXED ASSETS 35,804. MC REAL PROPERTY RENTAL INCOME -109,836. ENDOWMENT RESOURCES DESIGNATED FOR CURRENT OPERATIONS 4,880,004. REALIZED/UNREALIZED LOSS -67,203,489. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 106,675,443. PART XII, LINE 2D - OTHER ADJUSTMENTS: MRPS DEPRECIATION 436,686. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 106,675,445. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE (MARIST.EDU) TO MAKE THE POLICY KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY IT SERVES. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FINANCIAL AID AND OTHER GRANTS FROM FEDERAL AND STATE AGENCIES. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 7 PROGRAM SERVICES ADMIN & EDUCATION 11419244 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 246055337 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 13472387 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES EDUCATIONAL 44850 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES EDUCATIONAL 601189 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 1 PROGRAM SERVICES ADMIN & EDUCATION 6000 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES EDUCATIONAL 70519 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES EDUCATIONAL 24813 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 12 PROGRAM SERVICES ADMIN & EDUCATION 113000 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 2 PROGRAM SERVICES ADMIN & EDUCATION 49800 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES EDUCATIONAL 26808 1 8 0 14 1 22 271694339 189608 271883947 1 0 1 1 1 0 SCHEDULE F, PART IV MARIST UNIVERSITY INVESTS IN DOMESTIC AND FOREIGN LIMITED PARTNERSHIPS THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, THE UNIVERSITY'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, 8621 OR 8865. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH THE UNIVERSITY'S FORM 990-T. X X X X X X X 1 EAB GLOBAL INCORPORATED PO BOX 603519 CHARLOTTE NC 28260 CONSULTANT 0 229433 135051 94382 COMMUNITY COUNS SVC CO LLC 527 MADISON AVE 5TH FL NEW YORK NY 10022 CONSULTS ON FUNDRAISING PROGRAM 0 0 230000 -230000 229433 365051 -135618 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY SOM GOLF 78115 23295 54820 4264 8755 24140 3676 RED FOX CLUB 35096 1431 33665 8376 13145 6440 1291 1 19060 3648 15412 1976 8494 575 132271 28374 103897 14616 30394 30580 5542 81132 22765 123360 13200 1980 1 1.00000 123360 13200 1980 15180 108180 NY 1 0 0 0 1.00000 ZACHARY HARKENRIDER 3399 NORTH ROAD POUGHKEEPSIE NY 12601 0 TIM MURRAY OVERSEES ALL ASPECTS OF GAMING ACTIVITIES X 0 1 FAIRVIEW FIRE DISTRICT 258 VIOLET AVENUE POUGHKEEPSIE NY 12601 146000328 501 (A) 250000 0 COMMUNITY ASSISTANCE 1 INSTITUTIONAL SCHOLARSHIP 5826 106675443 PART I, LINE 2: ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE UNIVERSITY PROVIDES SCHOLARSHIPS AND FINANCIAL AIDS TO STUDENTS BASED ON NEED AND ACADEMIC PERFORMANCE. THE FUNDS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT. RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIVERSITY'S POLICIES. THE UNIVERSITY'S FINANCIAL AID OFFICE ADHERES STRICTLY TO ALL FEDERAL AND STATE REGULATIONS AND IS SUBJECT TO THE COMPLIANCE AND INTERNAL CONTROLS REPORTS AS REQUIRED BY TITLE 2 U.S. CODE OF FEDERAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS AND GOVERNMENT AUDITING STANDARDS AND RELATED INFORMATION (FORMERLY OMB A-133). PART II, LINE 1D: MARIST UNIVERSITY VOLUNTARILY CONTRIBUTES TO THE FAIRVIEW FIRE DISTRICT'S ANNUAL FUNDRAISING CAMPAIGNS AND CONTRIBUTES FUNDS FOR CAPITAL IMPROVEMENTS. X X X 1 1 X X X X X 0 1 0 0 0 0 0 1 1 0 KEVIN WEINMAN PRESIDENT 724886 0 235000 0 12333 0 128200 0 79782 0 1180201 0 0 0 DENNIS J MURRAY PRESIDENT EMERITUS 623678 0 0 0 183289 0 39600 0 28928 0 875495 0 150000 0 GEOFFREY L BRACKETT EXEC. VP FOR OPS & COMM. RELATIONS 431785 0 2000 0 9466 0 39600 0 41730 0 524581 0 0 0 JOHN DUNNE HEAD COACH, MEN'S BASKETBALL 379497 0 25000 0 7341 0 24750 0 13673 0 450261 0 0 0 SEAN P KAYLOR VP OF ADMISSIONS & ENROLLMENT 316470 0 16000 0 10757 0 38704 0 41443 0 423374 0 0 0 ELIZABETH VEASEY VP OF BUSINESS AFFAIRS/CFO 319737 0 14000 0 450 0 31172 0 42818 0 408177 0 0 0 LEE MIRINGOFF DIRECTOR OF MIPO 303789 0 5000 0 14686 0 36820 0 27938 0 388233 0 0 0 MICHAEL CAPUTO VP OF INFORMATION TECHNOLOGY/CIO 318820 0 7000 0 1290 0 24354 0 30115 0 381579 0 0 0 THOMAS WERMUTH VP OF ACADEMIC AFFAIRS 310786 0 10000 0 1980 0 37525 0 13673 0 373964 0 0 0 DARYL RICHARD VP FOR COMM. & MKTG. 329308 0 12000 0 450 0 4225 0 15476 0 361459 0 0 0 CATHERINE KODAT PROVOST & DEAN OF FACULTY 299444 0 30000 0 4958 0 21126 0 723 0 356251 0 0 0 CHRISTOPHER DELGIORNO VP OF COLLEGE ADVANCEMENT 271254 0 0 0 6671 0 29050 0 37004 0 343979 0 0 0 DEBORAH DICAPRIO VP/DEAN OF STUDENT AFFAIRS 264620 0 0 0 4524 0 30464 0 28142 0 327750 0 0 0 ROGER NORTON DEAN, COMPUTER SCIENCE & MATH 263060 0 0 0 3733 0 32060 0 28045 0 326898 0 0 0 WILLIAM LAMB DEAN, SCHOOL OF MANAGEMENT 242611 0 5000 0 1027 0 18651 0 41311 0 308600 0 0 0 EMILY SALAND - VP OF STRATEGIC INITIATIVES & CHIEF OF STAFF 202186 0 32000 0 198 0 22601 0 48223 0 305208 0 0 0 SIMA SARAN AHUJA GENERAL COUNSEL 198936 0 12000 0 278 0 15375 0 41196 0 267785 0 0 0 JOHN RITSCHDORFF ASSOC. VP OF ACADEMIC AFFAIRS 112678 0 0 0 667 0 12408 0 14494 0 140247 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS TRAVEL FOR COMPANION(S) IS VERY LIMITED AND ALWAYS INCLUDES A CLEAR BUSINESS PURPOSE FOR THE COMPANION(S) AND MUST BE PRE-APPROVED BY THE PRESIDENT. PRESIDENT'S COMPANION(S) IS APPROVED BY THE CHAIR OF BOARD OF TRUSTEES. ALL TRAVEL BENEFITS PROVIDED WERE DETERMINED TO BE FOR A BUSINESS PURPOSE AND THEREFORE NOT INCLUDED IN TAXES AND WAGES. PART I, QUESTION 1A: HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT OF THE UNIVERSITY IS PROVIDED WITH HOUSING IN CLOSE PROXIMITY TO THE CAMPUS IN ORDER FOR THEM TO ATTEND TO EMERGENT SITUATIONS ON A 24/7 BASIS. THE HOUSING IS PROVIDED AS A CONDITION OF EMPLOYMENT, IS USED FOR UNIVERSITY BUSINESS AND ENTERTAINMENT PURPOSES AND AS A CONVENIENCE OF THE UNIVERSITY TO ENABLE THEM TO PERFORM THEIR DUTIES. FOR THE PRESIDENT, THE FAIR MARKET VALUE OF THE RESIDENCE IS SHOWN IN COLUMN D ON SCHEDULE J. THE AMOUNT IS BASED ON THE VALUE OF THE PROPERTY. THE PRESIDENT-EMERITUS IS PROVIDED WITH HOUSING AS PER THE TERMS OF THE EMPLOYMENT ARRANGEMENT. FOR THE PRESIDENT EMERITUS, THE VALUE IS CONSIDERED TAXABLE WAGES AND IS REPORTED IN COLUMN B(III) ON SCHEDULE J. PART I, QUESTION 1A: HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES THE UNIVERSITY PAYS CLUB MEMBERSHIP FEES FOR FOUR EXECUTIVES, WHICH ARE INTENDED TO BE USED EXCLUSIVELY FOR THE UNIVERSITY'S BUSINESS ENTERTAINMENT OR COLLEGE SPONSORED EVENTS. TO THE EXTENT THERE IS ANY PERSONAL USE OF THESE PRIVILEGES, THE INDIVIDUAL EXECUTIVES ARE TAXED OR REIMBURSE THE UNIVERSITY ON THE VALUE OF THE PERSONAL USE. PART I, LINE 3: THE EXECUTIVE COMMITTEE RECOMMENDS THE PRESIDENT'S COMPENSATION, WHICH IS APPROVED BY THE FULL BOARD OF TRUSTEES IN EXECUTIVE SESSION. THE RECOMMENDATION IS BASED ON THE OUTCOME OF THE PRESIDENT'S EVALUATION (WITH AN EMPHASIS ON PERFORMANCE), ADVICE FROM OUTSIDE COMPENSATION CONSULTANTS, AND A REVIEW OF RECENT DATA FROM THE UNIVERSITY AND UNIVERSITY PROFESSIONAL ASSOCIATION'S (CUPA) ADMINISTRATIVE COMPENSATION SURVEY. THE EXECUTIVE COMMITTEE ALSO DISCUSSES THE COMPENSATION OF OTHER LEADING COLLEGE AND UNIVERSITY PRESIDENTS, COMPARABLE NON-PROFIT EXECUTIVES, AND EXECUTIVES IN THE PRIVATE SECTOR. ON AN ANNUAL BASIS, THE UNIVERSITY'S EXECUTIVES CUPA COMPARATIVE DATA IS REVIEWED BY THE PRESIDENT. PART I, LINE 4B: SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN THE UNIVERSITY HAS IN PLACE A NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR THE FORMER AS WELL AS THE CURRENT PRESIDENT. THIS DEFERRED COMPENSATION WAS PAID OUT TO THE FORMER PRESIDENT IN CALENDAR YEAR 2023 AND IS INCLUDED IN COLUMN B(III). ANNUAL ACCRUALS FOR THESE BENEFITS HAVE BEEN REPORTED DESPITE BEING SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE AND CONTINGENT UPON THE INDIVIDUALS'S CONTINUED EMPLOYMENT AT THE UNIVERSITY. THE VALUE OF THE ACCRUAL FOR THE PRESIDENT FOR CALENDAR YEAR 2023 IS INCLUDED IN THE DEFERRED COMPENSATION COLUMN (COLUMN C) OF SCHEDULE J. PART I, LINE 7 NON-FIXED PAYMENTS ANNUALLY, PAY AWARDS WERE GIVEN IN RECOGNITION OF EMPLOYEES' CONTRIBUTIONS TO THE OVERALL SUCCESS OF THE UNIVERSITY. ANY VARIABLE PAY AWARDS IN FUTURE YEARS WILL BE CONTINGENT ON INDIVIDUAL PERFORMANCE AND THE CONTINUED SUCCESS OF THE UNIVERSITY. PART I, LINE 8 FIXED PAYMENTS ASSOCIATED WITH THE CONTRACT ENTERED INTO WITH THE PRESIDENT ARE SUBJECT TO THE INITIAL CONTRACT EXCEPTION. THE TERMS OF THE CONTRACT WERE NEGOTIATED AT AN ARM'S LENGTH AND THE PRESIDENT WAS NOT A DISQUALIFIED PERSON IMMEDIATELY PRIOR TO ENTERING INTO THE INITIAL CONTRACT. A DUTCHESS COUNTY IDA 141613685 267041GN5 2008-01-25 20000000 STUDENT HOUSING (30 FULTON), PARKING LOT, ROADWAY 0 0 0 B DUTCHESS COUNTY LDC 273106797 267045CV2 2013-03-28 15262546 ADDITION AND RENOV. OF STUDENT CTR, WALKWAY, PATIO 1 0 0 C DUTCHESS COUNTY LDC 273106797 267045FF4 2015-06-25 90557609 ALLIED SCIENCE BLDG AND NORTH CAMPUS HOUSING 0 0 0 D DUTCHESS COUNTY LDC 273106797 267045LM2 2018-10-04 40537062 STEEL PLANT STUDIOS, MCCANN ATHLETIC CENTER 0 0 0 A 7405000 20000000 301630 81184 203126 2009 0 0 1 1 B 2845000 11865000 15262546 259259 15003287 2014 0 0 1 1 C 9420000 90557609 851534 89706075 2016 0 0 1 1 D 1315000 40537062 537062 40000000 2019 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 1 0 0 0 0 1 D 0 0 1 0 0 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 D 1 PART IV, LINE 2C, COLUMN A THE REBATE COMPUTATION WAS COMPLETED ON 11/12/2015. PART IV, LINE 2C, COLUMN B THE REBATE COMPUTATION WAS COMPLETED ON 03/28/2018. PART IV, LINE 2C, COLUMN C THE REBATE COMPUTATION WAS COMPLETED ON 06/25/2020. PART IV, LINE 2C, COLUMN D THE REBATE COMPUTATION WAS COMPLETED ON 10/23/2024. PART II, LINE 7, STUDENT CENTER ADDITION/RENOVATION THE UNIVERSITY FINANCED A PORTION OF THE COSTS OF ISSUANCE WITH A POST-ISSUE DATE EQUITY CONTRIBUTION AND APPLIED THE ADDITIONAL PROCEEDS TO FINANCE PROJECT COSTS. THE POST-ISSUANCE EQUITY CONTRIBUTION CAUSED THE ACTUAL AMOUNT OF BOND-FINANCED ISSUANCE COSTS TO BE LESS THAN THE AMOUNT REPORTED ON THE FORM 8038. PART II, LINE 10, COLUMNS A & B AMOUNTS LISTED INCLUDE CAPITALIZED DELIVERY DATE EXPENSES NOT SUBJECT TO THE 2 PERCENT LIMITATION IN SECTION 147(G) OF THE CODE. A DUTCHESS COUNTY LDC 273106797 267045QW5 2022-05-10 59791579 DYSON CENTER 0 0 0 B DUTCHESS COUNTY LDC 273106797 267045RT1 2023-05-11 34989694 REFUNDING OF 2013A, 2013B1-3, AND 2016 BONDS 0 0 0 A 59791579 566585 2898702 261392 56064900 0 0 0 1 B 34989694 11865000 670299 22454395 2006 1 0 1 1 A 0 0 1 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 X 1 31750 APPRAISAL X 10165 APPRAISAL X 20 381957 AVG PRICE X RECEPTION/EVENT HOSTING 2 2363 COST X RECEPTION FLOWERS 1 925 COST 0 0 1 0 EXPLANATION OF NONCASH CONTRIBUTIONS MARIST UNIVERSITY REPORTS THE NUMBER OF CONTRIBUTIONS RECEIVED IN COLUMN B, NOT THE NUMBER OF ITEMS. FORM 990, PAGE 1, BOX B, ORAGANIZATION NAME CHANGE: EFFECTIVE JANUARY 29, 2025, THE BOARD OF REGENTS OF THE UNIVERSITY OF THE STATE OF NEW YORK, FOR AND ON BEHALF OF THE STATE EDUCATION DEPARTMENT, APPROVED MARIST UNIVERSITY'S AMENDMENT TO IS CHARTER CHANGING THE CORPORATE NAME TO MARIST UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S REVIEW PROCESS OF FORM 990 THE ORGANIZATION'S FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE BY THE INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT AND COMPLIANCE OF CONFLICTS OF INTEREST POLICY AS AN ON-GOING PRACTICE AND AS REQUIRED BY OUR CODE OF ETHICS, ALL TRUSTEES ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS IN WHICH THEY ARE ASKED TO DISCUSS ANY BUSINESS RELATIONSHIPS THEY OR A MEMBER OF THEIR FAMILIES HAVE WITH THE UNIVERSITY. THE AUDIT COMMITTEE REVIEWS THESE STATEMENTS FOR COMPLIANCE ANNUALLY. OUR CODE OF ETHICS ALSO REQUIRES THAT ALL EXECUTIVES, DEANS AND SELECTED STAFF WITH FISCAL RESPONSIBILITIES FOR THE UNIVERSITY COMPLETE A CONFLICT OF INTEREST STATEMENT ANNUALLY. COMPLETED STATEMENTS THAT INDICATE A POTENTIAL CONFLICT OF INTEREST ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER, VICE PRESIDENT FOR HUMAN RESOURCES, AND THE EXECUTIVE VICE PRESIDENT. IF A CONFLICT EXISTS, APPROPRIATE ACTION IS TAKEN TO ENSURE FULL DISCLOSURE OR TERMINATION OF THE ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP MANAGEMENT OFFICIAL THE COMPENSATION AND RETIREMENT PROGRAM FOR THE PRESIDENT WAS BASED ON A COMPREHENSIVE ANALYSIS CONDUCTED BY AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTING FIRM. THE PRESIDENT'S CONTRACT WAS RECOMMENDED BY THE EXECUTIVE COMMITTEE OF THE BOARD (RESPONSIBLE FOR PRESIDENTIAL EVALUATION AND COMPENSATION), AND APPROVED BY THE FULL BOARD OF TRUSTEES. THE PRESIDENT'S PERFORMANCE IS REVIEWED ON AN ANNUAL BASIS BY THE EXECUTIVE COMMITTEE OF THE BOARD AND CHANGES IN COMPENSATION ARE RECOMMENDED TO THE FULL BOARD FOR APPROVAL. THE EXECUTIVE COMMITTEE OF THE BOARD BASES ITS RECOMMENDATIONS FOR ADJUSTMENTS ON PERFORMANCE AND A REVIEW OF APPROPRIATE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION (CUPA) DATA ON PRESIDENTIAL COMPENSATION AND THE PROCESS AND DECISION IS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES. COMPENSATION PROCESS FOR OFFICERS AND KEY EMPLOYEES SENIOR OFFICER COMPENSATION IS ESTABLISHED AFTER A REVIEW OF COMPENSATION DATA FROM CUPA AT PRIVATE INSTITUTIONS OF HIGHER EDUCATION BASED ON ANNUAL BUDGET SIZE AND ENROLLMENT. IN ADDITION TO SALARY COMPARABILITY AT OTHER INSTITUTIONS, PERFORMANCE AND YEARS OF SERVICE IN THE POSITION ARE ALSO FACTORS CONSIDERED BY THE PRESIDENT IN DETERMINING A SENIOR OFFICER'S ANNUAL SALARY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE THE UNIVERSITY'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE OFFICE OF THE CHIEF FINANCIAL OFFICER. THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AT MARIST.EDU. FORM 990, PART XI, LINE 9: FASB 158 ADJUSTMENT 986,400. MRPS DEPRECIATION -436,686. NET MC REAL PROPERTY PROFIT 31,961. PAYMENTS TO BENEFICIARIES -73,781. NET MRPS FIXED ASSETS CHANGE 436,686. MC REAL PROPERTY RENTAL INCOME OR LOSS -109,836. VAYU LLC 3399 NORTH ROAD POUGHKEEPSIE NY 12601 133727712 EDUCATIONAL NY 0 13247736 MARIST UNIVERSITY MC REAL PROPERTY HOLDINGS LLC 3399 NORTH ROAD POUGHKEEPSIE NY 12601 934830348 REAL ESTATE DE 109836 2703975 MARIST UNIVERSITY MARIST REAL PROPERTY SERVICES INC 3399 NORTH ROAD POUGHKEEPSIE NY 12601 141785087 REAL PROPERTY NY 501(C)(3) LINE 12A, I MARIST UNIV 1 MARIST REAL PROPERTY SVCS TWO INC 3399 NORTH ROAD POUGHKEEPSIE NY 12601 141825215 REAL PROPERTY NY MARIST UNI C 175000 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 IN DECEMBER 2023, THE UNIVERSITY ENTERED INTO AN OPERATING AGREEMENT WITH MC REAL PROPERTY HOLDINGS, LLC (THE "LLC"), A DELAWARE LIMITED LIABILITY COMPANY, FORMED IN SEPTEMBER 2023. THIS LLC IS WHOLLY OWNED BY THE UNIVERSITY AND IS TREATED AS A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES.