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Nonprofiteer
← SAMUEL MERRITT UNIVERSITY

Form 990 for tax year 2023

Filed by SAMUEL MERRITT UNIVERSITY.

Totals

Total revenue
$113,903,074
Total expenses
$107,618,804
Contributions and grants received
$8,137,086
Grants paid
$8,956,586
Program services expenses (Part IX)
$78,510,972
Management and general expenses
$27,439,422
Fundraising expenses
$1,668,410
Program service expenses (Part III)
$78,510,972

Program services were 73.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Ching-Hua Wang

    President

    Total calculated
    $947,105
    From this org
    $908,546
    From related orgs
    $0
    Other
    $38,559
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $747,886
    Bonus
    $100,000
    Other
    $60,660
    Deferred
    $38,559
    Nontaxable benefits
    $0
    Filer's total
    $947,105

  • Alvin McLean

    Regent & Vice-Chair

    Total calculated
    $0
    Hours/week
    5

  • Amber Luther

    Regent

    Total calculated
    $0
    Hours/week
    5

  • Anna Kiger

    Regent & Chief Nursing Officer

    Total calculated
    $0
    Hours/week
    5

  • Brad Barber

    Regent

    Total calculated
    $0
    Hours/week
    5

  • Caroline Cabias

    Regent

    Total calculated
    $0
    Hours/week
    5

  • Conrad M Vial

    Regent (Pt-Yr)

    Total calculated
    $0
    Hours/week
    5

  • Dennis O'Connell

    Regent

    Total calculated
    $0
    Hours/week
    5

  • Elizabeth Chaney

    Regent

    Total calculated
    $0
    Hours/week
    5

  • Eric Roberts

    Regent (Pt-Yr)

    Total calculated
    $0
    Hours/week
    5

  • Gary Morrison Esq

    Regent (Pt-Yr)

    Total calculated
    $0
    Hours/week
    5

  • John Schwartbert MD

    Regent (Pt-Yr)

    Total calculated
    $0
    Hours/week
    5

  • Jonathan Brown

    Regent (Pt-Yr)

    Total calculated
    $0
    Hours/week
    5

  • Katherine Schapiro

    Regent (Pt-Yr)

    Total calculated
    $0
    Hours/week
    5

  • Kevin Hart

    Regent (Pt-Yr)

    Total calculated
    $0
    Hours/week
    5

  • Lisa Zuffi

    Regent

    Total calculated
    $0
    Hours/week
    5

  • Lloyd Leanse

    Regent (Pt-Yr)

    Total calculated
    $0
    Hours/week
    5

  • Melanie Bell-Mayeda

    Regent

    Total calculated
    $0
    Hours/week
    5

  • Neptaly Aguilera

    Regent

    Total calculated
    $0
    Hours/week
    5

  • Saul Rosenbaum

    Regent

    Total calculated
    $0
    Hours/week
    5

  • Shefali Parikh

    Regent (Pt-Yr)

    Total calculated
    $0
    Hours/week
    5

  • Dave Lawlor

    Executive Vice President & Treasurer

    Total calculated
    $832,754
    From this org
    $781,235
    From related orgs
    $0
    Other
    $51,519
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $578,613
    Bonus
    $200,000
    Other
    $2,622
    Deferred
    $21,789
    Nontaxable benefits
    $29,730
    Filer's total
    $832,754

  • Al Frisone

    VP for University Advancement & Communications

    Total calculated
    $566,286
    From this org
    $509,419
    From related orgs
    $0
    Other
    $56,867
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $356,387
    Bonus
    $150,000
    Other
    $3,032
    Deferred
    $29,473
    Nontaxable benefits
    $27,394
    Filer's total
    $566,286

  • Brian Clocksin

    Provost Executive Vice President, Academic/Student Affairs (Pt-Yr)

    Total calculated
    $286,521
    From this org
    $263,112
    From related orgs
    $0
    Other
    $23,409
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $261,939
    Bonus
    $0
    Other
    $1,173
    Deferred
    $2,827
    Nontaxable benefits
    $20,582
    Filer's total
    $286,521

  • Celeste G Villanueva

    Assistant Academic VP

    Total calculated
    $328,189
    From this org
    $311,222
    From related orgs
    $0
    Other
    $16,967
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $303,239
    Bonus
    $0
    Other
    $7,983
    Deferred
    $16,967
    Nontaxable benefits
    $0
    Filer's total
    $328,189

  • Emily Prieto-Tseregounis

    Chief of Staff, VP of Exernal Affairs

    Total calculated
    $340,019
    From this org
    $303,133
    From related orgs
    $0
    Other
    $36,886
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $252,630
    Bonus
    $50,000
    Other
    $503
    Deferred
    $19,904
    Nontaxable benefits
    $16,982
    Filer's total
    $340,019

  • Eric Stamps

    Dean

    Total calculated
    $249,622
    From this org
    $233,499
    From related orgs
    $0
    Other
    $16,123
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $230,323
    Bonus
    $0
    Other
    $3,176
    Deferred
    $16,123
    Nontaxable benefits
    $0
    Filer's total
    $249,622

  • Evaon Wong-Kim

    Dean of Health Sciences

    Total calculated
    $254,295
    From this org
    $236,560
    From related orgs
    $0
    Other
    $17,735
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $233,258
    Bonus
    $0
    Other
    $3,302
    Deferred
    $16,342
    Nontaxable benefits
    $1,393
    Filer's total
    $254,295

  • Lorna D Kendrick

    Dean of Nursing (Pt-Yr)

    Total calculated
    $210,010
    From this org
    $199,627
    From related orgs
    $0
    Other
    $10,383
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $197,580
    Bonus
    $0
    Other
    $2,047
    Deferred
    $7,081
    Nontaxable benefits
    $3,302
    Filer's total
    $210,010

  • Timothy Cranford

    VP for Student Affairs (Pt-Yr)

    Total calculated
    $208,784
    From this org
    $180,066
    From related orgs
    $0
    Other
    $28,718
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $178,671
    Bonus
    $0
    Other
    $1,395
    Deferred
    $12,710
    Nontaxable benefits
    $16,008
    Filer's total
    $208,784

  • Daniel Bell

    Assistant Professor

    Total calculated
    $258,207
    From this org
    $245,936
    From related orgs
    $0
    Other
    $12,271
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $245,421
    Bonus
    $0
    Other
    $515
    Deferred
    $12,271
    Nontaxable benefits
    $0
    Filer's total
    $258,207

  • Joseph J Janakes

    Program Director

    Total calculated
    $348,635
    From this org
    $309,293
    From related orgs
    $0
    Other
    $39,342
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $301,020
    Bonus
    $0
    Other
    $8,273
    Deferred
    $15,213
    Nontaxable benefits
    $24,129
    Filer's total
    $348,635

  • Kevin A Hamby

    Assistant Professor

    Total calculated
    $344,133
    From this org
    $296,259
    From related orgs
    $0
    Other
    $47,874
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $288,450
    Bonus
    $0
    Other
    $7,809
    Deferred
    $20,480
    Nontaxable benefits
    $27,394
    Filer's total
    $344,133

  • Orophenia Bollinger

    Assistant Professor

    Total calculated
    $294,523
    From this org
    $249,728
    From related orgs
    $0
    Other
    $44,795
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $248,496
    Bonus
    $0
    Other
    $1,232
    Deferred
    $16,348
    Nontaxable benefits
    $28,447
    Filer's total
    $294,523

  • Steven Rush

    Dean of Nursing

    Total calculated
    $273,627
    From this org
    $257,178
    From related orgs
    $0
    Other
    $16,449
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $255,013
    Bonus
    $0
    Other
    $2,165
    Deferred
    $16,449
    Nontaxable benefits
    $0
    Filer's total
    $273,627

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use
Housing Allowance for VP for University Advancement and Communications, treated as taxable compensation to the individual.
Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
SUPPLEMENTAL COMPENSATION INFORMATION: THE EXECUTIVE COMMITTEE OF THE SAMUEL MERRITT UNIVERSITY BOARD OF REGENTS RETAINS ULTIMATE DISCRETIONARY AUTHORITY OVER ALL ELEMENTS OF COMPENSATION TO ASSURE THAT ORGANIZATIONAL PURPOSES ARE APPROPRIATELY BEING SERVED. THE EXECUTIVE COMMITTEE USES CREDIBLE DATA SOURCES AND MAINTAINS AN OBJECTIVE "ARM'S LENGTH" DECISION-MAKING PROCESS, ENSURING THE INTEGRITY OF THE UNIVERSITY'S EXECUTIVE PROGRAMS AND CONSISTENCY WITH THE ORGANIZATION'S OVERALL MISSION. SEE SCHEDULE O NARRATIVE FOR PART VI, LINE 15 FOR A FULL DESCRIPTION OF THE COMPENSATION APPROVAL PROCESS COMPLETED BY SAMUEL MERRITT.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
The University also offers a Non-Qualified Retirement Plan 457(B), eligible to highly compensated individuals as defined by the IRS. There is no University matching under this plan and employee contributions to the plan vest immediately. The University also offers a Supplemental Executive Retirement Plan (SERP) 457(F) for two of its officers. The plan is designated as a non-qualified deferred compensation plan and is exempt from filing and audit requirements under Title I of ERISA.
Schedule J, Part I, Line 7 Non-fixed payments
THERE ARE NO SPECIFIC GUIDELINES FOR THE AMOUNT OF THE SPOT AWARD, AVERAGE AMOUNT OF SPOT AWARDS TEND TO NOT EXCEED 5% TO 15% OF GROSS ANNUAL SALARY. ANNUAL INCENTIVE PLAN (AIP): THE PURPOSE OF THE PLAN IS TO FOCUS EXECUTIVES ON SPECIFIC, SHORTER-TERM GOALS THAT ARE CRITICAL TO THE ACHIEVEMENT OF AFFILIATE, OPERATING UNIT AND SYSTEM-WIDE OBJECTIVES THAT DRIVE OVERALL ORGANIZATION PERFORMANCE. IN ALL CASES, THE EXECUTIVE COMMITTEE OF THE BOARD DETERMINES ACHIEVEMENT OF ORGANIZATION GOALS AND MAKES FINAL AWARD DETERMINATION WHICH MAY RESULT IN A REDUCTION OF AWARD IF APPROPRIATE. ALL SENIOR EXECUTIVE AWARDS ARE REVIEWED FOR COMPENSATION REASONABLENESS AND APPROVED BY THE COMPENSATION COMMITTEE PRIOR TO PAYMENT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202443179349308894

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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