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Nonprofiteer
← STEVENSON UNIVERSITY INC

Form 990 for tax year 2023

Filed by STEVENSON UNIVERSITY INC.

Totals

Total revenue
$170,194,735
Total expenses
$167,632,795
Contributions and grants received
$20,136,032
Grants paid
$70,519,093
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$148,284,263
Management and general expenses
$18,333,544
Fundraising expenses
$1,014,988
Program service expenses (Part III)
$148,284,263

Program services were 88.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ELLIOT L HIRSHMAN

    PRESIDENT

    Total calculated
    $1,002,463
    From this org
    $879,451
    From related orgs
    $0
    Other
    $123,012
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $513,398
    Bonus
    $331,053
    Other
    $35,000
    Deferred
    $122,875
    Nontaxable benefits
    $137
    Filer's total
    $1,002,463
  • MELANIE EDMONDSON

    VP OF ADMIN & FINANCE, CFO

    Total calculated
    $324,288
    From this org
    $302,479
    From related orgs
    $0
    Other
    $21,809
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $287,479
    Bonus
    $15,000
    Other
    $0
    Deferred
    $21,672
    Nontaxable benefits
    $137
    Filer's total
    $324,288
  • SUSAN GORMAN

    EVP OF ACADEMIC AFFAIR/PROVOS

    Total calculated
    $299,979
    From this org
    $266,796
    From related orgs
    $0
    Other
    $33,183
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $251,796
    Bonus
    $15,000
    Other
    $0
    Deferred
    $19,634
    Nontaxable benefits
    $13,549
    Filer's total
    $299,979
  • MARK HERGAN

    VP ENROLLMENT MANAGEMENT

    Total calculated
    $280,367
    From this org
    $245,906
    From related orgs
    $0
    Other
    $34,461
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,846
    Bonus
    $30,060
    Other
    $0
    Deferred
    $17,000
    Nontaxable benefits
    $17,461
    Filer's total
    $280,367
  • CHRISTOPHER VAUGHAN

    VP UNIVERSITY ADVANCEMENT

    Total calculated
    $276,591
    From this org
    $258,949
    From related orgs
    $0
    Other
    $17,642
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,170
    Bonus
    $24,779
    Other
    $0
    Deferred
    $17,505
    Nontaxable benefits
    $137
    Filer's total
    $276,591
  • ANTIONETTE MARBRAY

    VP LEGAL AFFAIRS/STATE&FED REG

    Total calculated
    $239,034
    From this org
    $221,489
    From related orgs
    $0
    Other
    $17,545
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $206,489
    Bonus
    $15,000
    Other
    $0
    Deferred
    $6,417
    Nontaxable benefits
    $11,128
    Filer's total
    $239,034
  • JOHN BUETTNER

    VP MARKETING & DIGITAL COMM

    Total calculated
    $211,074
    From this org
    $196,991
    From related orgs
    $0
    Other
    $14,083
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,991
    Bonus
    $10,000
    Other
    $0
    Deferred
    $13,946
    Nontaxable benefits
    $137
    Filer's total
    $211,074
  • DAVID JORDAN

    VP HUMAN RESOURCES

    Total calculated
    $196,335
    From this org
    $182,931
    From related orgs
    $0
    Other
    $13,404
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,931
    Bonus
    $5,000
    Other
    $0
    Deferred
    $13,267
    Nontaxable benefits
    $137
    Filer's total
    $196,335
  • MEREDITH DURMOWICZ

    SR AVP ACADEMIC AFFAIRS/RESEAR

    Total calculated
    $194,212
    From this org
    $163,539
    From related orgs
    $0
    Other
    $30,673
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,539
    Bonus
    $0
    Other
    $0
    Deferred
    $13,212
    Nontaxable benefits
    $17,461
    Filer's total
    $194,212
  • John Bantillo

    CIO

    Total calculated
    $176,440
    From this org
    $163,498
    From related orgs
    $0
    Other
    $12,942
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,498
    Bonus
    $0
    Other
    $0
    Deferred
    $12,300
    Nontaxable benefits
    $642
    Filer's total
    $176,440
  • Amanda Holstaka

    DEAN SODAC/VICE PROVOST OUTREA

    Total calculated
    $171,474
    From this org
    $159,421
    From related orgs
    $0
    Other
    $12,053
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,421
    Bonus
    $0
    Other
    $0
    Deferred
    $11,916
    Nontaxable benefits
    $137
    Filer's total
    $171,474
  • Sharon Buchbinder

    Dean SOBL

    Total calculated
    $155,086
    From this org
    $148,535
    From related orgs
    $0
    Other
    $6,551
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,535
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $6,551
    Filer's total
    $155,086
  • PAUL MARK SANDLER ESQ

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • ROBERT C BRENNAN

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • ARTHUR F BELL JR CPA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • SANDRA R BERMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ROBERT D BIAGIOTTI PE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BARBARA BOZZUTO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Eric D Brotman CFP

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DAVID A BURROWS JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • SAMUEL M DELL III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • SCOTT E DORSEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Vanessa Eluma

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KAREN P GIBBS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • NANCY C HUBBLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • SEAN A ISAAC MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BRENDA BOWE JOHNSON PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DONNA L KAHOE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BLAIRE AULL MILLER

    TRUSTEE EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • MEREDITH A MOWEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CANDACE OSUNADE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • T SCOTT PUGATCH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JENNIFER WARD REYNOLDS CFA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MARGARET SHEETZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KATHLEEN SHER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ANNA L SMITH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JAMES B STRADTNER CFA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JUSTIN TOWLES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Christopher Tsakalos

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JUDITH S WARANCH ESQ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ORSIA FOUDOS YOUNG ESQ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

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, and on a Form 990-PF Part VIII's — 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 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 5a · Pay contingent on this organization's revenues

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

HOUSING STIPEND
SCHEDULE J, PART I, LINE 1A DR. ELLIOT HIRSHMAN PURCHASED HIS OWN RESIDENCE BUT RECEIVED A HOUSING ALLOWANCE OF $35,000 THIS YEAR FROM THE UNIVERSITY. THIS AMOUNT IS REPORTED AS TAXABLE COMPENSATION ON SCHEDULE J AND PART VII.
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
SCHEDULE J, PART I, LINE 4B ELLIOT HIRSHMAN IS ELIGIBLE TO PARTICIPATE IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) SPONSORED BY THE UNIVERSITY. DEFERRED COMPENSATION EARNED UNDER THIS PLAN IS REPORTED ON SCHEDULE J, PART I, COLUMN C ALONG WITH THE 403(B) PLAN INSTITUTIONAL PAYMENTS. SERP CONTRIBUTIONS WERE AS FOLLOWS: ELLIOT HIRSHMAN $100,000
SCHEDULE J, PART I, LINE 5A
CHRISTOPHER VAUGHAN, VP UNIVERSITY ADVANCEMENT RECEIVED A BONUS BASED ON FUNDRAISING OUTCOMES.

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
21 March 2025
IRS schema version
2023v6.0
Source object
202510839349300716

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