Form 990 for tax year 2022
Filed by FLORIDA MEMORIAL UNIVERSITY INC.
Totals
- Total revenue
- $50,419,718
- Total expenses
- $49,018,014
- Contributions and grants received
- $17,978,207
- Grants paid
- $6,792,182
- Program service revenue
- $26,759,438
- Investment income
- $5,522,542
- Other revenue
- $159,531
- Total assets, end of year
- $84,253,989
- Total liabilities, end of year
- $10,852,233
- Net assets or fund balances, end of year
- $73,401,756
- Program services expenses (Part IX)
- $32,718,843
- Management and general expenses
- $15,550,416
- Fundraising expenses
- $748,755
- Program service expenses (Part III)
- $32,718,843
Program services were 66.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Jaffus Hardrick
President
- Total calculated
- $286,500
- From this org
- $286,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $256,500
- Bonus
- $0
- Other
- $30,000
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $286,500
-
Jacqueline Hill
Interim VP & Exec Provost
- Total calculated
- $169,441
- From this org
- $160,000
- From related orgs
- $0
- Other
- $9,441
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $160,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $9,441
- Filer's total
- $169,441
-
Samuel A Darko
Dean of Arts & Sciences
- Total calculated
- $147,016
- From this org
- $130,000
- From related orgs
- $0
- Other
- $17,016
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $17,016
- Filer's total
- $147,016
-
Rodney Sobelson
AVP for Finance and Administration
- Total calculated
- $133,488
- From this org
- $126,000
- From related orgs
- $0
- Other
- $7,488
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $126,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $7,488
- Filer's total
- $133,488
-
Sonya Miller
General Counsel
- Total calculated
- $130,559
- From this org
- $112,500
- From related orgs
- $0
- Other
- $18,059
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $112,500
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $18,059
- Filer's total
- $130,559
-
Cory Witherspoon
VP of University Advancement
- Total calculated
- $120,371
- From this org
- $103,500
- From related orgs
- $0
- Other
- $16,871
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $103,500
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $16,871
- Filer's total
- $120,371
-
Jason Horn
AVP of Athletics
- Total calculated
- $119,024
- From this org
- $112,500
- From related orgs
- $0
- Other
- $6,524
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $112,500
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $6,524
- Filer's total
- $119,024
-
Imani Fredricks-Lowman
AVP of Academic Engagement & Student Success
- Total calculated
- $102,488
- From this org
- $95,000
- From related orgs
- $0
- Other
- $7,488
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $95,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $7,488
- Filer's total
- $102,488
-
Carlos Canas
Director of Institutional Research
- Total calculated
- $98,488
- From this org
- $91,000
- From related orgs
- $0
- Other
- $7,488
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $91,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $7,488
- Filer's total
- $98,488
-
Dr Clyde Lewis
AVP of Enrollment Management
- Total calculated
- $95,000
- From this org
- $95,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $95,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $95,000
-
Dr Annamaria Jerome-Raja
Trustee, Faculty Senate
- Total calculated
- $85,593
- From this org
- $85,593
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $85,593
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $85,593
-
Sharon Wilson Esq
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mr William McCormick
Board Chair
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Mr E Ray Smith
Trustee, Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Mona-Lisa Pinkney
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly M Chapman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mr Charles W George
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Brandon K Dumas
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Susan Nystrom
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Rev Bartholomew Banks Sr
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Carl Johnson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Dr Marcus D Davidson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Brittany McMillon
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Audrey White
First Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
John Owens Esq
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Dorothy P Davis
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Dr Glenn Parker
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Tracy Wright
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Dr Lawrence Morehouse
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Deneshea L Phelps
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Walter Weatherington
Trustee, Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Dr Gerald Glass
Trustee
- Total calculated
- $0
- Hours/week
- 40
-
Akil Rose
Trustee, SGA President
- 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 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 1a
- The President of the University receives a monthly housing allowance per his employment contract.
- Schedule J, Part I, Line 3
- The President receives a monthly housing allowance per his employment contract.
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
- 2022
- Filed
- 12 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431039349300223
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