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Nonprofiteer
← LYNN UNIVERSITY INC

Form 990 for tax year 2022

Filed by LYNN UNIVERSITY INC.

Totals

Total revenue
$146,004,996
Total expenses
$147,308,356
Contributions and grants received
$3,634,883
Grants paid
$44,162,532
Program service revenue
$138,759,415
Investment income
$388,518
Other revenue
$3,222,180
Total assets, end of year
$205,073,464
Total liabilities, end of year
$75,907,136
Net assets or fund balances, end of year
$129,166,328
Program services expenses (Part IX)
$119,833,229
Management and general expenses
$22,270,718
Fundraising expenses
$5,204,409
Program service expenses (Part III)
$119,833,229

Program services were 81.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $136,140

  • 1e · Government grants (contributions)

    $830,000

  • 1f · All other contributions, gifts and grants

    $2,668,743

  • 1g · Noncash contributions included above

    $174,053

  • 2a · Program service revenue: TUITION & RELATED FEES

    total $119,518,111 · related or exempt $119,518,111

  • 2b · Program service revenue: ROOM & BOARD

    total $16,396,440 · related or exempt $16,396,440

  • 2c · Program service revenue: CAMP FEES

    total $2,520,993 · related or exempt $2,520,993

  • 2d · Program service revenue: STUDENT ACTIVITY INC.

    total $221,952 · related or exempt $221,952

  • 2e · Program service revenue: CONFERENCE INCOME

    total $101,919 · related or exempt $101,919

  • 3 · Investment income

    total $637,407 · unrelated business $70,708 · excluded $566,699

  • 6a · Gross rents

    real property $1,924,186

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $1,924,186

  • 6d · Net rental income or loss

    total $1,924,186 · related or exempt $1,924,186

  • 7a · Gross sales of assets other than inventory

    securities $10,758,418 · other assets $26,000

  • 7b · Less cost or other basis and sales expenses

    securities $11,033,307 · other assets $0

  • 7c · Gain or loss

    securities -$274,889 · other assets $26,000

  • 7d · Net gain or loss

    total -$248,889 · excluded -$248,889

  • 8a · Fundraising events: gross income

    $10,360

  • 8a · Fundraising events: contributions included on line 1c

    $136,140

  • 8b · Fundraising events: direct expenses

    $49,092

  • 8c · Net income from fundraising events

    total -$38,732 · excluded -$38,732

  • 10a · Gross sales of inventory

    $321,361

  • 10b · Cost of goods sold

    $194,395

  • 10c · Net income from sales of inventory

    total $126,966 · excluded $126,966

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $899,760 · related or exempt $899,760

  • 11b · Other revenue: CONTRACT REVENUE

    total $310,000 · related or exempt $310,000

  • 11e · Other revenue, total

    $1,209,760

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $44,162,532 · program services $44,162,532

  • 5 · Compensation of officers, directors and key employees

    total $5,667,762 · program services $2,197,529 · management and general $3,128,325 · fundraising $341,908

  • 6 · Compensation of disqualified persons

    total $388,584 · program services $166,026 · management and general $222,558

  • 7 · Other salaries and wages

    total $39,728,046 · program services $30,383,936 · management and general $7,284,914 · fundraising $2,059,196

  • 8 · Pension plan contributions

    total $1,769,432 · program services $1,378,704 · management and general $322,596 · fundraising $68,132

  • 9 · Other employee benefits

    total $6,147,245 · program services $4,105,832 · management and general $1,832,504 · fundraising $208,909

  • 10 · Payroll taxes

    total $3,100,315 · program services $2,563,973 · management and general $397,509 · fundraising $138,833

  • 11b · Fees: legal

    total $247,675 · management and general $247,675

  • 11c · Fees: accounting

    total $156,245 · management and general $156,245

  • 11f · Fees: investment management

    total $743,203 · management and general $743,203

  • 11g · Fees: other

    total $1,463,732 · program services $297,495 · management and general $672,586 · fundraising $493,651

  • 12 · Advertising and promotion

    total $1,959,435 · program services $575,412 · management and general $14,960 · fundraising $1,369,063

  • 13 · Office expenses

    total $3,748,718 · program services $2,850,651 · management and general $676,528 · fundraising $221,539

  • 14 · Information technology

    total $2,604,847 · program services $1,060,670 · management and general $1,544,177

  • 16 · Occupancy

    total $8,728,062 · program services $7,681,852 · management and general $946,072 · fundraising $100,138

  • 17 · Travel

    total $2,047,995 · program services $1,948,513 · management and general $68,873 · fundraising $30,609

  • 19 · Conferences, conventions and meetings

    total $525,091 · program services $453,464 · management and general $69,518 · fundraising $2,109

  • 20 · Interest

    total $1,596,151 · program services $1,465,465 · management and general $130,686

  • 22 · Depreciation, depletion and amortization

    total $6,932,720 · program services $4,652,447 · management and general $2,257,581 · fundraising $22,692

  • 23 · Insurance

    total $3,443,619 · program services $3,291,048 · management and general $146,085 · fundraising $6,486

  • 24a · Other expenses: FOOD EXPENSE

    total $4,736,313 · program services $4,736,313

  • 24b · Other expenses: RECRUITMENT EXPENSES

    total $2,054,908 · program services $1,846,098 · management and general $208,810

  • 24c · Other expenses: COMMISSIONS

    total $1,888,465 · program services $1,888,465

  • 24d · Other expenses: SUBSCRIPTION & DUES

    total $1,036,023 · program services $435,707 · management and general $484,742 · fundraising $115,574

  • 24e · All other expenses

    total $2,431,238 · program services $1,691,097 · management and general $714,571 · fundraising $25,570

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $54,423 · end of year $46,164

  • 2 · Savings and temporary cash investments

    beginning of year $22,342,643 · end of year $18,573,398

  • 3 · Pledges and grants receivable

    beginning of year $1,804,649 · end of year $1,681,965

  • 4 · Accounts receivable

    beginning of year $2,384,065 · end of year $4,209,853

  • 7 · Other notes and loans receivable

    beginning of year $2,308,661 · end of year $2,490,397

  • 8 · Inventories for sale or use

    beginning of year $131,291 · end of year $115,500

  • 9 · Prepaid expenses and deferred charges

    beginning of year $682,757 · end of year $4,571,400

  • 10a · Land, buildings and equipment: cost or other basis

    $271,708,337

  • 10b · Land, buildings and equipment: accumulated depreciation

    $144,310,153

  • 10c · Land, buildings and equipment, net

    beginning of year $126,410,054 · end of year $127,398,184

  • 11 · Investments: publicly traded securities

    beginning of year $3,464,146 · end of year $4,953,213

  • 12 · Investments: other securities

    beginning of year $35,987,284 · end of year $37,840,050

  • 14 · Intangible assets

    beginning of year $596,536 · end of year $511,316

  • 15 · Other assets

    beginning of year $5,887,726 · end of year $2,682,024

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,812,763 · end of year $12,192,405

  • 19 · Deferred revenue

    beginning of year $14,392,719 · end of year $13,950,758

  • 20 · Tax-exempt bond liabilities

    beginning of year $50,377,105 · end of year $47,770,500

  • 25 · Other liabilities

    beginning of year $1,566,014 · end of year $1,993,473

  • 27 · Net assets without donor restrictions

    beginning of year $83,349,995 · end of year $87,915,011

  • 28 · Net assets with donor restrictions

    beginning of year $43,555,639 · end of year $41,251,317

Mission and programs · 2022

Mission

FOUNDED IN 1962 AND LOCATED IN BOCA RATON, FLORIDA., LYNN UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL INSTITUTION ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES (SACSCOC). (CONT. IN SCH O)THE UNIVERSITY'S MISSION IS TO PROVIDE AN INNOVATIVE, GLOBAL AND PERSONALIZED EDUCATION THAT ENABLES STUDENTS TO REALIZE THEIR POTENTIAL. THE INSTITUTION AIMS TO ACHIEVE ITS MISSION THROUGH INNOVATIVE CURRICULUM, TECHNOLOGY AND CAMPUS DESIGN. THE LYNN 2025 STRATEGIC PLAN CONTAINS THE FOLLOWING STRATEGIC PRIORITIES: 1) ENGAGE: WE WILL ENGAGE WITH OUR CONSTITUENTS TO FURTHER FOSTER A CULTURE OF PRIDE, LOYALTY AND SUPPORT. 2) ELEVATE: WE WILL ELEVATE THE LYNN EXPERIENCE, BUILDING ON OUR STRONG FOUNDATIONS TO CONTINUALLY IMPROVE AND ADAPT. 3) EXPAND: WE WILL EXPAND OUR PROGRAMS, SERVICES, OPPORTUNITIES AND CAPABILITIES. READ THE FULL STRATEGIC PLAN AT LYNN.EDU/STRATEGY.

Activities or mission (Part I)

SEE SCHEDULE OTHE MISSION OF LYNN UNIVERSITY IS TO PROVIDE AN INNOVATIVE, GLOBAL AND PERSONALIZED EDUCATION THAT ENABLES STUDENTS TO REALIZE THEIR POTENTIAL.

  • THE UNIVERSITY OFFERS BACHELOR'S AND MASTER'S DEGREES AND A DOCTORAL DEGREE. THE ACADEMIC PROGRAM IS DESIGNED FOR TRADITIONAL-AGED STUDENTS, AS WELL AS A GROWING POPULATION OF ADULT LEARNERS. LYNN UNIVERSITY HAS MORE THAN 3,500 STUDENTS FROM APPROXIMATELY 100 COUNTRIES AND NEARLY ALL 50 STATES. THE UNIVERSITY OFFERS 48 UNDERGRADUATE MAJORS, 14 GRADUATE MAJORS AND 37 GRADUATE SPECIALIZATIONS. LYNN UNIVERSITY IS PROUD OF ITS TRADITION OF EDUCATING STUDENTS WHO ASSUME POSITIONS OF RESPONSIBILITY AND BECOME LEADERS IN THEIR CHOSEN PROFESSIONS. THE UNIVERSITY IS COMMITTED TO STUDENT-CENTERED LEARNING, WHERE FACULTY AND STAFF PROVIDE PERSONALIZED ATTENTION TO STUDENTS WHO HAVE VARYING LEVELS OF ACADEMIC PROFICIENCY AND ARE MOTIVATED TO EXCEL. (CONTINUED ON SCH O)A FULL RANGE OF ACADEMIC AND SUPPORT PROGRAMS ARE COORDINATED TO SERVE THE INCREASINGLY DIVERSE NEEDS OF UNDERGRADUATE AND GRADUATE STUDENTS. ADDITIONAL AND SPECIALIZED ACADEMIC SUPPORT SERVICES ARE OFFERED TO PROVIDE ACADEMIC ASSISTANCE TO HELP STUDENTS REMAIN IN COLLEGE AND GRADUATE. THESE SERVICES ARE OFFERED TO STUDENTS IN A VARIETY OF FORMS WITH A VARYING FEE SCHEDULE. AN ACADEMIC RESOURCE NAMED THE INSTITUTE FOR ACHIEVEMENT AND LEARNING IS AVAILABLE TO ALL STUDENTS, INCLUDING THOSE WITH DIAGNOSED LEARNING DIFFERENCES. MATH, COMPUTER AND OTHER SUBJECT-AREA TUTORS ASSIST STUDENTS. THE UNIVERSITY, SMALL BY DESIGN, PROVIDES AN ENVIRONMENT WITHIN AND OUTSIDE THE CLASSROOM IN WHICH A COMMUNITY OF LEARNERS CAN PURSUE ACADEMIC EXCELLENCE AND DEVELOP THEIR SKILLS AS RESPONSIBLE GLOBAL CITIZENS. FACULTY, STAFF AND STUDENTS CONTRIBUTE TO AN ATMOSPHERE THAT NURTURES CREATIVITY, FOSTERS ACHIEVEMENT, VALUES DIVERSITY AND ENCOURAGES VOLUNTEERISM. LYNN'S STUDENTS HAVE SPENT NEARLY 54,000 HOURS GIVING BACK TO THE LOCAL COMMUNITY THROUGH THE CITIZENSHIP PROJECT, A FOUR-WEEK PROGRAM DURING WHICH FIRST-YEAR STUDENTS PARTICIPATE IN HANDS-ON SERVICE ACTIVITIES. LYNN'S ACADEMIC CURRICULA AND PROGRAMS ARE STRUCTURED TO PROVIDE A BALANCE BETWEEN THE THEORETICAL AND THE PRACTICAL, ALONG WITH OPPORTUNITIES TO BECOME INVOLVED IN COMMUNITY-BASED ORGANIZATIONS AND INDUSTRIES. EDUCATION AND SERVICE ARE FULLY INTEGRATED TO MEET THE CHANGING NEEDS OF THE LOCAL AND GLOBAL COMMUNITY. THIS INTEGRATIVE DESIGN PREPARES OUR GRADUATES TO MEET THE DYNAMIC NEEDS OF THE EMERGING GLOBAL SOCIETY. A RIGOROUS CORE CURRICULUM-THE DIALOGUES-WAS LAUNCHED IN FALL 2008. CORE COURSES ARE REQUIRED THROUGH ALL FOUR YEARS IN THE BACHELOR'S DEGREE PROGRAM. IN EACH CORE CLASS, FACULTY MEMBERS MEASURE STUDENT OUTCOMES IN COMPETENCY AREAS INCLUDING WRITING, QUANTITATIVE REASONING, AND SCIENTIFIC AND TECHNOLOGICAL LITERACY. PRESENTED IN SEMINAR RATHER THAN LECTURE FORMAT, THE CORE COURSES ARE ORGANIZED AROUND LIFE'S BIG QUESTIONS: SELF AND SOCIETY, BELIEF AND REASON, JUSTICE AND CIVIC LIFE, AND QUANTITATIVE REASONING AND SCIENTIFIC LITERACY. EACH JANUARY, ALL STUDENTS ARE REQUIRED TO ATTEND COURSES THAT OFFER INTENSE FOUR-WEEK EXPERIENCES INCLUDING TRAVEL, CIVIC ACTIVISM, CAREER PREP, LANGUAGE AND CULTURE, AND OTHER CREATIVE APPROACHES TO LEARNING. ALL FRESHMEN ARE REQUIRED TO PARTICIPATE IN THE CITIZENSHIP PROJECT. LYNN UNIVERSITY LAUNCHED ITS IPAD-POWERED LEARNING PROGRAM IN 2013. FOLLOWING A SUCCESSFUL PILOT WITH UNDERGRADUATES, LYNN EXTENDED THE PROGRAM TO INCLUDE ALL FACULTY AND STUDENTS. TODAY, FACULTY CREATE FREE, MULTI-TOUCH BOOKS THROUGH THE LYNN UNIVERSITY DIGITAL PRESS. STUDENTS ACCESS COURSE MATERIALS USING CANVAS AND TEXTBOOKS CREATED BY THE LYNN UNIVERSITY DIGITAL PRESS, AND THEY EXPERIENCE ENGAGING MOBILE CONTENT DELIVERED THROUGH LYNN'S DISCUSSION-DRIVEN DIALOGUES CORE CURRICULUM. THEY ALSO SAVE UP TO 90 PERCENT IN TEXTBOOK COSTS. APPLE HAS NAMED LYNN AN APPLE DISTINGUISHED SCHOOL SINCE 2014. MOREOVER, IT RECOGNIZED SEVERAL FACULTY MEMBERS AS APPLE DISTINGUISHED EDUCATORS AND CERTIFIED MANY OTHERS. INSIDE HIGHER ED AND THE CHRONICLE OF HIGHER EDUCATION HIGHLIGHTED LYNN'S PIONEERING WORK, AND U.S. NEWS & WORLD REPORT HAS LISTED LYNN AMONG AMERICA'S MOST INNOVATIVE AND INTERNATIONAL COLLEGES.

    Expenses $75,829,797 · Grants $42,150,177 · Revenue $80,077,134

  • A PROGRAM OF ACTIVITIES COMPLIMENTS THE ACADEMIC CURRICULUM. STUDENTS CHOOSE THOSE ACTIVITIES THAT WILL CONTRIBUTE TO THEIR PERSONAL DEVELOPMENT AND ENJOYMENT - STUDENT GOVERNMENT, SERVICE CLUBS, SPORTS, SOCIAL FRATERNITIES, AND NUMEROUS SPECIAL INTEREST ORGANIZATIONS. SOCIAL ACTIVITIES INCLUDE GAME SHOWS, DANCES, COMEDIANS, LIVE MUSIC, INTERNATIONAL FESTIVALS, FILMS, POOL PARTIES, SPORTS DAYS, INTRAMURAL SPORTS, AWARD DINNERS AND NOVELTY ENTERTAINMENT. INDIVIDUAL INTERESTS RANGING FROM THE FINE ARTS TO PROFESSIONAL FOOTBALL, BASEBALL, BASKETBALL AND HOCKEY TO GOURMET DINING CAN BE FOUND IN SOUTH FLORIDA. LYNN UNIVERSITY HOLDS MEMBERSHIP IN THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION (NCAA), DIVISION II, AND THE SUNSHINE STATE ATHLETIC CONFERENCE. (CONTINUED ON SCH O)INTERCOLLEGIATE ATHLETIC PROGRAMS ARE OPEN TO ALL STUDENTS IN ACCORDANCE WITH NCAA AND INSTITUTIONAL ELIGIBILITY STANDARDS. INTERCOLLEGIATE TEAMS INCLUDE MEN'S AND WOMEN'S SOCCER, MEN'S AND WOMEN'S BASKETBALL, MEN'S AND WOMEN'S GOLF, MEN'S AND WOMEN'S TENNIS, BASEBALL, SOFTBALL, MEN'S AND WOMEN'S CROSS COUNTRY, MEN'S AND WOMEN'S TRACK, MEN'S AND WOMEN'S LACROSSE, MEN AND WOMEN'S SWIMMING AND WOMEN'S VOLLEYBALL. ALL STUDENT-ATHLETES ARE REQUIRED TO ATTEND SEMINARS ON SUBSTANCE ABUSE AND NCAA STANDARDS THROUGHOUT THE SCHOOL YEAR. IN ADDITION TO INTERCOLLEGIATE SPORTS, STUDENTS ARE ENCOURAGED TO PARTICIPATE IN A WIDE RANGE OF INTRAMURAL PROGRAMS, INCLUDING FLAG FOOTBALL, SOFTBALL, SOCCER AND VOLLEYBALL. AT LEAST ONE REGISTERED NURSE OR PHYSICIAN'S ASSISTANT IS ON DUTY DURING DAYTIME HOURS IN THE HEALTH CENTER, AND WORKS IN CONJUNCTION WITH COMMUNITY MEDICAL SERVICES TO PROVIDE AMPLE HEALTH CARE. THE HEALTH CENTER PROVIDES TREATMENT FOR MINOR AILMENTS. WHEN FURTHER CARE IS NEEDED, REFERRALS ARE MADE TO LOCAL PHYSICIANS AND HEALTH CARE AGENCIES. A STAFF MEMBER ORGANIZES WELLNESS ACTIVITIES INCLUDING YOGA AND EXERCISE CLASSES AS WELL AS STUDENT STRENGTH TRAINING IN LYNN'S FITNESS CENTER. COUNSELING IS PROVIDED ON A PRIVATE OR GROUP BASIS, AND RECORDS ARE MAINTAINED IN STRICT CONFIDENCE BY THE DIRECTOR OF COUNSELING. STUDENTS ALSO ARE URGED TO CONSULT THEIR INDIVIDUAL INSTRUCTORS, RESIDENT ASSISTANTS, AND APPROPRIATE MEMBERS OF THE UNIVERSITY COMMUNITY, ALL OF WHOM ARE PROFESSIONALLY FOCUSED ON ASSISTING STUDENTS. IN ADDITION, ALCOHOL AND SUBSTANCE ABUSE LITERATURE AND REFERRAL SERVICES ARE CONTINUALLY AVAILABLE THROUGH THE COUNSELING CENTER. THE CAREER AND ALUMNI CONNECTIONS OFFICE PROVIDES A VARIETY OF SERVICES TO ASSIST STUDENTS IN EVALUATING, CHOOSING AND PLANNING A CAREER. PROFESSIONAL STAFF AND CAREER COUNSELORS ARE AVAILABLE TO HELP STUDENTS SET THEIR CAREER GOALS, INVESTIGATE EMPLOYMENT OPPORTUNITIES AND INTERVIEW WITH COMPANIES FOR WHICH THEY WOULD LIKE TO WORK OR INTERN. THE SNYDER SANCTUARY PROVIDES THE LYNN COMMUNITY WITH A MULTI-FAITH SPACE FOR CONTEMPLATIVE THOUGHT AND SPIRITUAL EXPLORATION.

    Expenses $23,461,280 · Revenue $39,972,929

  • THE UNIVERSITY MAINTAINS SEVEN RESIDENCE HALLS THAT PROVIDE FULL LIVING ACCOMMODATIONS FOR THE UNDERGRADUATE AND GRADUATE STUDENT POPULATION. EACH ROOM IS FURNISHED TO MEET STUDENTS' NEEDS, INCLUDING TV CABLE AND WIRELESS INTERNET SERVICE. MOST STUDENTS LIVING ON CAMPUS ARE REQUIRED TO BE ON THE UNIVERSITY MEAL PLAN. SODEXO IS THE FOOD SERVICE VENDOR, AND THE ON-CAMPUS DINING EXPERIENCE INCLUDES BREAKFAST, LUNCH AND DINNER SERVED DAILY WITH UNLIMITED DINING AT EACH MEAL. COMMUTER STUDENTS, FACULTY, STAFF AND VISITORS CAN PURCHASE BLOCK MEAL PLANS. THE LYNN UNIVERSITY CAMPUS STORE OFFERS SCHOOL-BRANDED CLOTHING, ACCESSORIES, AND VARIOUS OTHER SUPPLIES.

    Expenses $20,542,152 · Grants $2,012,355 · Revenue $21,843,298

  • CLASSICAL MUSIC IS PROVIDED TO THE UNIVERSITY COMMUNITY AS WELL AS THE GENERAL PUBLIC BY STUDENTS AND FACULTY BY THE LYNN UNIVERSITY CONSERVATORY OF MUSIC. ADDITIONALLY, STUDENTS IN THE DRAMA B.F.A. PROGRAM AND PROFESSIONAL ACTORS AND MUSICIANS PERFORM ON CAMPUS IN THE PERFORMING ARTS CENTER. MANY OPPORTUNITIES TO SHARE CULTURE AND IDEAS ARE OFFERED THROUGH LECTURE SERIES AND COMMUNITY DISCOURSE. DURING THE SUMMER MONTHS, A PORTION OF THE UNIVERSITY'S EDUCATIONAL FACILITIES ARE USED TO PROVIDE INSTRUCTION TO CHILDREN AGED 5-14 WHO ATTEND PINE TREE CAMPS SUMMER SESSIONS.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kevin M Ross

    PRESIDENT

    Total calculated
    $1,090,137
    From this org
    $983,899
    From related orgs
    $0
    Other
    $106,238
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $568,191
    Bonus
    $75,062
    Other
    $340,646
    Deferred
    $18,300
    Nontaxable benefits
    $87,938
    Filer's total
    $1,090,137
  • Thomas Rooney

    CFO & TREASURER

    Total calculated
    $522,403
    From this org
    $420,889
    From related orgs
    $0
    Other
    $101,514
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $274,923
    Bonus
    $0
    Other
    $145,966
    Deferred
    $17,123
    Nontaxable benefits
    $84,391
    Filer's total
    $522,403
  • Gregory J Malfitano

    SVP FOR DEVELOPMENT & ADMINISTRATION

    Total calculated
    $395,355
    From this org
    $344,233
    From related orgs
    $0
    Other
    $51,122
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $292,024
    Bonus
    $0
    Other
    $52,209
    Deferred
    $18,173
    Nontaxable benefits
    $32,949
    Filer's total
    $395,355
  • Christian G Boniforti

    CHIEF INFORMATION OFFICER

    Total calculated
    $327,962
    From this org
    $278,046
    From related orgs
    $0
    Other
    $49,916
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $278,046
    Bonus
    $0
    Other
    $0
    Deferred
    $17,135
    Nontaxable benefits
    $32,781
    Filer's total
    $327,962
  • Gareth P Fowles

    VP FOR ENROLLMENT MANAGEMENT

    Total calculated
    $323,929
    From this org
    $302,590
    From related orgs
    $0
    Other
    $21,339
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $302,590
    Bonus
    $0
    Other
    $0
    Deferred
    $18,150
    Nontaxable benefits
    $3,189
    Filer's total
    $323,929
  • Katrina Marie Carter-Tellison

    VP FOR ACADEMIC AFFAIRS

    Total calculated
    $303,074
    From this org
    $255,190
    From related orgs
    $0
    Other
    $47,884
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $255,190
    Bonus
    $0
    Other
    $0
    Deferred
    $15,888
    Nontaxable benefits
    $31,996
    Filer's total
    $303,074
  • Michael Antonello

    GENERAL COUNSEL & SECRETARY

    Total calculated
    $293,115
    From this org
    $224,944
    From related orgs
    $0
    Other
    $68,171
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,944
    Bonus
    $0
    Other
    $0
    Deferred
    $13,550
    Nontaxable benefits
    $54,621
    Filer's total
    $293,115
  • Sherrie Weldon

    CHIEF MARKETING OFFICER

    Total calculated
    $317,002
    From this org
    $251,288
    From related orgs
    $0
    Other
    $65,714
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $251,288
    Bonus
    $0
    Other
    $0
    Deferred
    $41,847
    Nontaxable benefits
    $23,867
    Filer's total
    $317,002
  • Michael P Petroski

    ACADEMIC DEAN

    Total calculated
    $273,915
    From this org
    $249,653
    From related orgs
    $0
    Other
    $24,262
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $249,577
    Bonus
    $0
    Other
    $76
    Deferred
    $12,437
    Nontaxable benefits
    $11,825
    Filer's total
    $273,915
  • Kristell Lowe

    VP OF CAMPUS OPERATIONS

    Total calculated
    $246,390
    From this org
    $220,783
    From related orgs
    $0
    Other
    $25,607
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,033
    Bonus
    $0
    Other
    $3,750
    Deferred
    $0
    Nontaxable benefits
    $25,607
    Filer's total
    $246,390
  • Ralph T Good

    DEAN COLLEGE OF BUSINESS

    Total calculated
    $232,616
    From this org
    $209,335
    From related orgs
    $0
    Other
    $23,281
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,269
    Bonus
    $0
    Other
    $66
    Deferred
    $12,553
    Nontaxable benefits
    $10,728
    Filer's total
    $232,616
  • Michael C Bolduc

    DIRECTOR OF FINANCE OPERATIONS

    Total calculated
    $232,496
    From this org
    $188,226
    From related orgs
    $0
    Other
    $44,270
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,661
    Bonus
    $0
    Other
    $22,565
    Deferred
    $10,612
    Nontaxable benefits
    $33,658
    Filer's total
    $232,496
  • Anthony R Altieri

    VP FOR STUDENT LIFE

    Total calculated
    $213,551
    From this org
    $199,181
    From related orgs
    $0
    Other
    $14,370
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,181
    Bonus
    $0
    Other
    $0
    Deferred
    $11,989
    Nontaxable benefits
    $2,381
    Filer's total
    $213,551
  • Ralph J Norcio

    ASSOCIATE DEAN, BUSINESS SCHOOL

    Total calculated
    $212,561
    From this org
    $185,470
    From related orgs
    $0
    Other
    $27,091
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,391
    Bonus
    $0
    Other
    $79
    Deferred
    $6,577
    Nontaxable benefits
    $20,514
    Filer's total
    $212,561
  • Kathleen Weigel

    DEAN

    Total calculated
    $203,638
    From this org
    $182,642
    From related orgs
    $0
    Other
    $20,996
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,567
    Bonus
    $0
    Other
    $75
    Deferred
    $8,536
    Nontaxable benefits
    $12,460
    Filer's total
    $203,638
  • Robert G Villa

    DEAN

    Total calculated
    $199,319
    From this org
    $168,117
    From related orgs
    $0
    Other
    $31,202
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,050
    Bonus
    $0
    Other
    $67
    Deferred
    $9,693
    Nontaxable benefits
    $21,509
    Filer's total
    $199,319
  • Devin Crosby

    ATHLETICS DIRECTOR

    Total calculated
    $190,488
    From this org
    $155,370
    From related orgs
    $0
    Other
    $35,118
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,305
    Bonus
    $0
    Other
    $65
    Deferred
    $8,091
    Nontaxable benefits
    $27,027
    Filer's total
    $190,488
  • Christine E Lynn

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2
  • Stephen Snyder

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • James Milby

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Jeff Perlman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • William J Rehrig

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Paul A Robino

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • John Langan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Jan Carlsson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Victoria Rixon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • R Brad Osborne Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

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 · Tax indemnification and gross-up payments
  • 1a · Discretionary spending account
  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 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 · 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)

PART I, LINE 1A
TAX INDEMNIFICATION AND GROSS-UP PAYMENTS CERTAIN INDIVIDUALS ARE REIMBURSED FOR TRAVEL EXPENSES AS PART OF THEIR EMPLOYMENT CONTRACT. THE AMOUNTS ARE GROSSED UP FOR TAX PAYMENT AND REPORTING PURPOSES. GROSS UPS ARE APPROVED BY THE BOARD OF TRUSTEES OR HUMAN RESOURCES. DISCRETIONARY SPENDING ACCOUNT KEVIN ROSS HAS A DISCRETIONARY SPENDING ACCOUNT WHICH IS PART OF HIS EMPLOYMENT CONTRACT AND IS INCLUDED IN HIS TAXABLE COMPENSATION. HOUSING ALLOWANCE: THE PRESIDENT OF LYNN UNIVERSITY IS REQUIRED TO OCCUPY UNIVERSITY OWNED HOUSING AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY. THE BENEFIT IS EXCLUDED FROM TAXABLE COMPENSATION PURSUANT TO IRC SECTION 119 BUT IS INCLUDED AS NONTAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES THE UNIVERSITY PAYS FOR COUNTRY CLUB MEMBERSHIPS FOR THE PURPOSE OF FUNDRAISING AND DEVELOPMENT FOR GREG MALFITANO, SENIOR MAJOR GIFT OFFICER. IT WAS DETERMINED THAT 100% OF SUCH FEES PAID DURING THE YEAR WERE RELATED TO BUSINESS USE. THE ENTIRE AMOUNT OF THESE FEES WAS TREATED AS TAXABLE COMPENSATION TO THE INDIVIDUAL.
PART I, LINE 4B
SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DURING THE CALENDAR YEAR, CERTAIN OFFICERS AND KEY EMPLOYEES PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. CERTAIN LISTED INDIVIDUALS HAD CONTRIBUTIONS VEST IN THE PLAN IN THE CURRENT YEAR. SUCH VESTED CONTRIBUTIONS ARE REPORTED AS TAXABLE COMPENSATION AND REPORTED ON SCHEDULE J, PART II, COLUMN B(III), OTHER REPORTABLE COMPENSATION. AMOUNT ACCRUED IN PRIOR YEAR UNDER THE PLAN AND PAID IN THE CURRENT YEAR ARE INCLUDED IN SCHEDULE J, PART II, COLUMN F. IN 2022 THE PRESIDENT AND THE UNIVERSITY ENTERED INTO A NEW DEFERRED COMPENSATION ARRANGEMENT. NO AMOUNTS WERE ACCRUED OR PAID UNDER THIS AGREEMENT IN 2022.
PART I, LINE 7
MOST BONUSES ARE FIXED PAYMENTS BASED ON CONTRACTS ESTABLISHED BETWEEN THE BOARD OF TRUSTEES AND THE EMPLOYEE. HOWEVER THERE ARE SOME DISCRETIONARY BONUS PAYMENTS AWARDED FOR EXTRAORDINARY ACHIEVEMENTS. DISCRETIONARY PAYMENTS ARE APPROVED AT A CABINET LEVEL.

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
14 February 2024
IRS schema version
2022v5.0
Source object
202410469349300841

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

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