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Nonprofiteer
← CAPITAL UNIVERSITY

Form 990 for tax year 2022

Filed by CAPITAL UNIVERSITY.

Totals

Total revenue
$125,146,279
Total expenses
$131,428,980
Contributions and grants received
$16,668,750
Grants paid
$53,252,385
Program service revenue
$107,271,053
Investment income
$854,453
Other revenue
$352,023
Total assets, end of year
$294,859,393
Total liabilities, end of year
$53,204,834
Net assets or fund balances, end of year
$241,654,559
Program services expenses (Part IX)
$120,970,968
Management and general expenses
$8,319,374
Fundraising expenses
$2,138,638
Program service expenses (Part III)
$120,970,968

Program services were 92.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • STEVEN BAHLS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • LAURA BARBINS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • PAM BAUSER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • PAUL CHODAK

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4

  • DOMINIC DELUCA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • TIM DONOVAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • LUKE FEDLAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • JUNE FRYMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • CHRISTINE HOLT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • ERIKA CLARK JONES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • JEAN KOHLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL LANCASTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • MARTY MCDONALD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • NEIL MORTINE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • VINCENT PARISI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • ANDRE PORTER

    CHAIR

    Total calculated
    $0
    Hours/week
    4

  • BRIAN PRINCE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • NIKLAUS SCHILLACK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • TYLER SCHLEICH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • KIM SHUMATE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • MARTI TAYLOR

    CHAIR/VICE CHAIR

    Total calculated
    $0
    Hours/week
    4

  • JEFF THIELE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • WILLIAM WIECHER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • MO WRIGHT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • DAVID KAUFMAN

    PRESIDENT

    Total calculated
    $421,907
    From this org
    $404,489
    From related orgs
    $0
    Other
    $17,418
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $328,925
    Bonus
    $0
    Other
    $75,564
    Deferred
    $15,000
    Nontaxable benefits
    $2,418
    Filer's total
    $421,907

  • JODY FOURNIER

    PROVOST AND VP-LEARNING

    Total calculated
    $284,168
    From this org
    $207,329
    From related orgs
    $0
    Other
    $76,839
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $206,876
    Bonus
    $0
    Other
    $453
    Deferred
    $19,760
    Nontaxable benefits
    $57,079
    Filer's total
    $284,168

  • WILLIAM MEA

    VP-BUSINESS&FIN./TREASURER

    Total calculated
    $314,381
    From this org
    $261,814
    From related orgs
    $0
    Other
    $52,567
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $245,230
    Bonus
    $15,000
    Other
    $1,584
    Deferred
    $22,950
    Nontaxable benefits
    $29,617
    Filer's total
    $314,381

  • APRIL NOVOTNY

    VP-ADVANCEMENT

    Total calculated
    $160,175
    From this org
    $140,000
    From related orgs
    $0
    Other
    $20,175
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $139,845
    Bonus
    $0
    Other
    $155
    Deferred
    $12,213
    Nontaxable benefits
    $7,962
    Filer's total
    $160,175

  • JENNIFER PATTERSON

    VP-ADVANCEMENT

    Total calculated
    $189,338
    From this org
    $155,049
    From related orgs
    $0
    Other
    $34,289
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $154,722
    Bonus
    $0
    Other
    $327
    Deferred
    $14,234
    Nontaxable benefits
    $20,055
    Filer's total
    $189,338

  • TANYA POTEET

    VP,UNIV.COUNSEL/SECRETARY

    Total calculated
    $247,448
    From this org
    $208,792
    From related orgs
    $0
    Other
    $38,656
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $207,977
    Bonus
    $0
    Other
    $815
    Deferred
    $18,718
    Nontaxable benefits
    $19,938
    Filer's total
    $247,448

  • REYNALDO VALENCIA

    DEAN OF LAW SCHOOL

    Total calculated
    $324,530
    From this org
    $290,489
    From related orgs
    $0
    Other
    $34,041
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $289,457
    Bonus
    $0
    Other
    $1,032
    Deferred
    $14,025
    Nontaxable benefits
    $20,016
    Filer's total
    $324,530

  • DENVY BOWMAN

    FACULTY

    Total calculated
    $246,621
    From this org
    $213,771
    From related orgs
    $0
    Other
    $32,850
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $211,287
    Bonus
    $0
    Other
    $2,484
    Deferred
    $19,153
    Nontaxable benefits
    $13,697
    Filer's total
    $246,621

  • MARK BROWN

    FACULTY

    Total calculated
    $252,152
    From this org
    $210,368
    From related orgs
    $0
    Other
    $41,784
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $209,132
    Bonus
    $0
    Other
    $1,236
    Deferred
    $18,470
    Nontaxable benefits
    $23,314
    Filer's total
    $252,152

  • JEFF FERRIELL

    FACULTY

    Total calculated
    $241,106
    From this org
    $196,320
    From related orgs
    $0
    Other
    $44,786
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $194,217
    Bonus
    $0
    Other
    $2,103
    Deferred
    $16,917
    Nontaxable benefits
    $27,869
    Filer's total
    $241,106

  • DIXIE JEFFERS

    ATHLETIC DIRECTOR

    Total calculated
    $362,921
    From this org
    $362,921
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $11,859
    Bonus
    $0
    Other
    $351,062
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $362,921

  • MARK STRASSER

    FACULTY

    Total calculated
    $246,007
    From this org
    $191,351
    From related orgs
    $0
    Other
    $54,656
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $189,217
    Bonus
    $0
    Other
    $2,134
    Deferred
    $17,061
    Nontaxable benefits
    $37,595
    Filer's total
    $246,007

  • RACHEL JANUTIS

    FACULTY (FORMER KEY EMPLOYEE)

    Total calculated
    $223,210
    From this org
    $185,233
    From related orgs
    $0
    Other
    $37,977
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $184,866
    Bonus
    $0
    Other
    $367
    Deferred
    $16,468
    Nontaxable benefits
    $21,509
    Filer's total
    $223,210

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 · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 1b · Written policy on the line-1a expenses
  • 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)

PART I, LINE 1A
BENEFITS OFFERED TO CERTAIN EMPLOYEES - TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: THE PRESIDENT OF THE UNIVERSITY RECEIVES AN AUTOMOBILE AND A HOUSING ALLOWANCE. THESE ALLOWANCES ARE TREATED AS TAXABLE COMPENSATION AND ARE GROSSED-UP PAYMENTS. HEALTH OR SOCIAL CLUB DUES: THE UNIVERSITY PROVIDES A SOCIAL CLUB MEMBERSHIP TO THE PRESIDENT AND THE VICE PRESIDENT FOR ADVANCEMENT. THIS PROVIDES A FACILITY FOR HOSTING UNIVERSITY-RELATED EVENTS AND, AS SUCH, IS NOT TREATED AS TAXABLE COMPENSATION SINCE IT IS USED STRICTLY FOR BUSINESS PURPOSES. TRAVEL FOR COMPANIONS: THE UNIVERSITY ON OCCASION PAYS FOR TRAVEL EXPENSES FOR THE PRESIDENT'S SPOUSE WHEN SHE IS ASSISTING THE PRESIDENT WITH UNIVERSITY MATTERS.
PART I, LINE 1B
WRITTEN POLICY FOR EXPENSES - CAPITAL UNIVERSITY DOES NOT HAVE A POLICY THAT CLEARLY STATES WHO IS ELIGIBLE FOR EXTRA ALLOWANCES - HOUSING, AUTOMOBILE, ETC. THE PRESIDENT'S CONTRACT DOES INCLUDE SPECIFIC LANGUAGE THAT SPEAKS TO THE ADDITIONAL ALLOWANCES OFFERED (I.E., AUTOMOBILE, HOUSING, CLUB).
PART I, LINES 4A-B
SEVERANCE PAYMENT: DIXIE JEFFERS RECEIVED A SEVERANCE PAYMENT OF $351,062. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: PRESIDENT KAUFMAN PARTICIPATED IN A SECTION 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN DURING THE YEAR.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER TRUSTS (3)

    T · INVESTMENTS · OH

Provenance

Return type
form_990
Tax year
2022
Filed
24 April 2024
IRS schema version
2022v5.0
Source object
202411239349301661

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

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