Skip to content
Nonprofiteer
← BRYANT UNIVERSITY

Form 990 for tax year 2022

Filed by BRYANT UNIVERSITY.

Totals

Total revenue
$255,859,551
Total expenses
$242,647,809
Contributions and grants received
$15,198,781
Grants paid
$76,663,770
Program service revenue
$213,490,516
Investment income
$16,874,687
Other revenue
$10,295,567
Total assets, end of year
$637,475,150
Total liabilities, end of year
$218,442,232
Net assets or fund balances, end of year
$419,032,918
Program services expenses (Part IX)
$214,529,958
Management and general expenses
$24,425,006
Fundraising expenses
$3,692,845
Program service expenses (Part III)
$214,529,958

Program services were 88.4% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $274,869

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $1,829,185

  • 1f · All other contributions, gifts and grants

    $13,094,727

  • 1g · Noncash contributions included above

    $2,808,894

  • 2a · Program service revenue: Tuition and Fees

    total $166,544,695 · related or exempt $166,544,695 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Auxiliary Enterprises

    total $45,205,357 · related or exempt $45,125,873 · unrelated business $0 · excluded $79,484

  • 2c · Program service revenue: Student Services Revenues

    total $1,645,590 · related or exempt $1,645,590 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: Public Services Programs

    total $94,874 · related or exempt $94,874 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $8,531,336 · related or exempt $0 · unrelated business $3,343,530 · excluded $5,187,806

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $209,359 · related or exempt $0 · unrelated business $0 · excluded $209,359

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $34,315,427 · other assets $236,623

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

    securities $25,312,313 · other assets $896,386

  • 7c · Gain or loss

    securities $9,003,114 · other assets -$659,763

  • 7d · Net gain or loss

    total $8,343,351 · related or exempt $0 · unrelated business $35,470 · excluded $8,307,881

  • 8a · Fundraising events: gross income

    $68,535

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

    $274,869

  • 8b · Fundraising events: direct expenses

    $175,609

  • 8c · Net income from fundraising events

    total -$107,074 · unrelated business $0 · excluded -$107,074

  • 9a · Gaming: gross income

    $36,090

  • 9b · Gaming: direct expenses

    $2,866

  • 9c · Net income from gaming

    total $33,224 · related or exempt $0 · unrelated business $0 · excluded $33,224

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue: Study Abroad

    total $3,607,175 · related or exempt $3,607,175 · unrelated business $0 · excluded $0

  • 11b · Other revenue: Athletic Events

    total $1,340,948 · related or exempt $1,340,448 · unrelated business $500 · excluded $0

  • 11c · Other revenue: Other Campus Events

    total $1,224,909 · related or exempt $867,885 · unrelated business $357,024 · excluded $0

  • 11d · All other revenue

    total $3,987,026 · related or exempt $3,934,974 · unrelated business $0 · excluded $52,052

  • 11e · Other revenue, total

    $10,160,058

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $73,497,231 · program services $73,497,231

  • 3 · Grants to foreign organizations and individuals

    total $3,166,539 · program services $3,166,539

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $4,676,253 · program services $1,807,989 · management and general $2,674,918 · fundraising $193,346

  • 6 · Compensation of disqualified persons

    total $14,482 · program services $14,482 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $62,522,753 · program services $53,045,265 · management and general $7,969,531 · fundraising $1,507,957

  • 8 · Pension plan contributions

    total $4,396,040 · program services $3,890,990 · management and general $420,992 · fundraising $84,058

  • 9 · Other employee benefits

    total $12,425,389 · program services $10,705,294 · management and general $1,381,303 · fundraising $338,792

  • 10 · Payroll taxes

    total $4,535,774 · program services $3,848,084 · management and general $578,272 · fundraising $109,418

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $200,256 · program services $0 · management and general $196,581 · fundraising $3,675

  • 11c · Fees: accounting

    total $236,563 · program services $0 · management and general $236,563 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $167,489 · fundraising $167,489

  • 11f · Fees: investment management

    total $190,441 · program services $0 · management and general $190,441 · fundraising $0

  • 11g · Fees: other

    total $6,620,188 · program services $4,757,301 · management and general $1,311,751 · fundraising $551,136

  • 12 · Advertising and promotion

    total $3,465,691 · program services $1,576,526 · management and general $1,817,394 · fundraising $71,771

  • 13 · Office expenses

    total $1,525,343 · program services $1,453,883 · management and general $15,663 · fundraising $55,797

  • 14 · Information technology

    total $4,308,767 · program services $2,544,977 · management and general $1,657,306 · fundraising $106,484

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $4,834,827 · program services $2,539,735 · management and general $2,295,092 · fundraising $0

  • 17 · Travel

    total $4,781,774 · program services $4,601,350 · management and general $107,603 · fundraising $72,821

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $623,606 · program services $555,250 · management and general $52,952 · fundraising $15,404

  • 20 · Interest

    total $7,916,187 · program services $7,470,189 · management and general $445,998 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $18,144,674 · program services $17,122,403 · management and general $1,022,271 · fundraising $0

  • 23 · Insurance

    total $1,856,730 · program services $537,367 · management and general $1,319,363 · fundraising $0

  • 24a · Other expenses: Dining Services

    total $12,938,711 · program services $12,687,874 · management and general $210,910 · fundraising $39,927

  • 24b · Other expenses: Activities Expense

    total $2,475,027 · program services $1,962,495 · management and general $305,830 · fundraising $206,702

  • 24c · Other expenses: Facilities Repairs

    total $2,202,330 · program services $2,130,708 · management and general $71,622 · fundraising $0

  • 24d · Other expenses: Athletic Other

    total $1,002,822 · program services $1,002,822 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $3,921,922 · program services $3,611,204 · management and general $142,650 · fundraising $168,068

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $8,296,996 · end of year $8,549,008

  • 2 · Savings and temporary cash investments

    beginning of year $163,414,356 · end of year $51,036,838

  • 3 · Pledges and grants receivable

    beginning of year $3,385,111 · end of year $6,831,002

  • 4 · Accounts receivable

    beginning of year $3,609,047 · end of year $4,363,085

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $2,139,512 · end of year $1,431,817

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,818,859 · end of year $5,768,388

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

    $498,844,033

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

    $272,327,807

  • 10c · Land, buildings and equipment, net

    beginning of year $219,549,483 · end of year $226,516,226

  • 11 · Investments: publicly traded securities

    beginning of year $109,182,124 · end of year $207,151,193

  • 12 · Investments: other securities

    beginning of year $112,504,293 · end of year $120,000,328

  • 13 · Investments: program-related

    beginning of year $2,405,333 · end of year $2,758,561

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $2,504,839 · end of year $3,068,704

  • 17 · Accounts payable and accrued expenses

    beginning of year $26,354,430 · end of year $22,479,595

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $9,015,203 · end of year $8,522,824

  • 20 · Tax-exempt bond liabilities

    beginning of year $54,290,474 · end of year $50,881,054

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $133,049,669 · end of year $131,582,837

  • 25 · Other liabilities

    beginning of year $8,579,197 · end of year $4,975,922

  • 27 · Net assets without donor restrictions

    beginning of year $345,001,098 · end of year $355,237,712

  • 28 · Net assets with donor restrictions

    beginning of year $54,519,882 · end of year $63,795,206

Mission and programs · 2022

Mission

Bryant University's mission is to educate and inspire students to discover their passion and become innovative leaders with character around the world.

  • Bryant University's academic programs are distinguished by an integration of business, STEM fields and the liberal arts with a global perspective and offer master's and bachelor's degrees, in addition to certificate programs. Located in Smithfield, Rhode Island, on approximately 430 acres the University provides academic, residential, and other services to a diverse student population of approximately 3,200 undergraduate and 330 graduate students who are primarily from the Northeast region of the United States, as well as from approximately 30 U.S states and 40 foreign countries.

    Expenses $191,910,709 · Grants $76,663,770 · Revenue $178,035,641

  • Approximately 85% of the undergraduates and 90% of the freshmen reside on campus in the residence halls and townhouses. Living options at the University are designed to foster a gradual increase of independent lifestyle and individual responsibility. First-year students have the opportunity to establish relationships with large numbers of classmates in a more traditional setting. Sophomores and Juniors experiment with small-group living while eating in common areas with all resident students. Most seniors live independently in townhouse units with full responsibility for their cooking, cleaning, etc. All living areas include telephone, cable, and computer access. All students who live on campus, except for those in the townhouses, are required to participate in a meal plan. Bryant offers a number of plans to provide students flexible options for on-campus dining at several locations.

    Expenses $22,619,249 · Revenue $45,125,873

As filed on the 2022 return.

Listed in Part VII

  • Ross J Gittell

    President

    Total calculated
    $779,017
    From this org
    $617,537
    From related orgs
    $0
    Other
    $161,480
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $482,479
    Bonus
    $75,000
    Other
    $60,058
    Deferred
    $34,800
    Nontaxable benefits
    $126,680
    Filer's total
    $779,017
  • Barry F Morrison

    FMR VP for Business Affairs/Treas. (Thru 6/30/22)

    Total calculated
    $653,712
    From this org
    $578,625
    From related orgs
    $0
    Other
    $75,087
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $203,459
    Bonus
    $32,667
    Other
    $342,499
    Deferred
    $28,880
    Nontaxable benefits
    $46,207
    Filer's total
    $653,712
  • Jared K Grasso

    Head Men's Basketball Coach

    Total calculated
    $529,971
    From this org
    $471,243
    From related orgs
    $0
    Other
    $58,728
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $401,329
    Bonus
    $65,000
    Other
    $4,914
    Deferred
    $32,513
    Nontaxable benefits
    $26,215
    Filer's total
    $529,971
  • Charles F LoCurto

    VP for Information Services/CIO

    Total calculated
    $514,806
    From this org
    $453,432
    From related orgs
    $0
    Other
    $61,374
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $319,967
    Bonus
    $38,774
    Other
    $94,691
    Deferred
    $34,800
    Nontaxable benefits
    $26,574
    Filer's total
    $514,806
  • William Smith

    VP of Athletics and Recreation

    Total calculated
    $498,556
    From this org
    $343,488
    From related orgs
    $0
    Other
    $155,068
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $293,514
    Bonus
    $37,514
    Other
    $12,460
    Deferred
    $32,620
    Nontaxable benefits
    $122,448
    Filer's total
    $498,556
  • David C Wegrzyn

    VP for University Advancement

    Total calculated
    $432,570
    From this org
    $327,539
    From related orgs
    $0
    Other
    $105,031
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $277,292
    Bonus
    $36,835
    Other
    $13,412
    Deferred
    $32,542
    Nontaxable benefits
    $72,489
    Filer's total
    $432,570
  • Rupendra K Paliwal

    Provost and Chief Academic Officer

    Total calculated
    $387,258
    From this org
    $329,423
    From related orgs
    $0
    Other
    $57,835
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $292,500
    Bonus
    $0
    Other
    $36,923
    Deferred
    $20,040
    Nontaxable benefits
    $37,795
    Filer's total
    $387,258
  • Madan G Annavarjula

    Dean of the College of Business

    Total calculated
    $380,300
    From this org
    $293,448
    From related orgs
    $0
    Other
    $86,852
    Hours/week
    48 + 2 related

    Schedule J breakdown matched by us

    Base
    $269,384
    Bonus
    $0
    Other
    $24,064
    Deferred
    $58,915
    Nontaxable benefits
    $27,937
    Filer's total
    $380,300
  • Inge-Lise Ameer

    VP Student Affairs/Dean of Students

    Total calculated
    $366,103
    From this org
    $280,591
    From related orgs
    $0
    Other
    $85,512
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $237,985
    Bonus
    $40,800
    Other
    $1,806
    Deferred
    $27,432
    Nontaxable benefits
    $58,080
    Filer's total
    $366,103
  • Farokh N Bhada

    Associate VP for Business Affairs

    Total calculated
    $365,759
    From this org
    $304,524
    From related orgs
    $0
    Other
    $61,235
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $242,887
    Bonus
    $38,166
    Other
    $23,471
    Deferred
    $29,191
    Nontaxable benefits
    $32,044
    Filer's total
    $365,759
  • Timothy T Paige

    VP for Human Resources and Secretary

    Total calculated
    $363,143
    From this org
    $301,028
    From related orgs
    $0
    Other
    $62,115
    Hours/week
    48 + 2 related

    Schedule J breakdown matched by us

    Base
    $254,903
    Bonus
    $39,267
    Other
    $6,858
    Deferred
    $30,006
    Nontaxable benefits
    $32,109
    Filer's total
    $363,143
  • Michelle L Cloutier

    VP for Enrollment Management

    Total calculated
    $316,206
    From this org
    $262,356
    From related orgs
    $0
    Other
    $53,850
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $223,329
    Bonus
    $38,286
    Other
    $741
    Deferred
    $25,908
    Nontaxable benefits
    $27,942
    Filer's total
    $316,206
  • Hong Yang

    VP of International Affairs

    Total calculated
    $315,609
    From this org
    $262,210
    From related orgs
    $0
    Other
    $53,399
    Hours/week
    45 + 5 related

    Schedule J breakdown matched by us

    Base
    $218,568
    Bonus
    $19,641
    Other
    $24,001
    Deferred
    $26,843
    Nontaxable benefits
    $26,556
    Filer's total
    $315,609
  • Hakan Saraoglu

    Faculty Professor

    Total calculated
    $298,557
    From this org
    $244,255
    From related orgs
    $0
    Other
    $54,302
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $236,024
    Bonus
    $6,000
    Other
    $2,231
    Deferred
    $27,241
    Nontaxable benefits
    $27,061
    Filer's total
    $298,557
  • Nazmiye Ascioglu

    Faculty Professor

    Total calculated
    $294,915
    From this org
    $242,507
    From related orgs
    $0
    Other
    $52,408
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $235,375
    Bonus
    $6,000
    Other
    $1,132
    Deferred
    $25,876
    Nontaxable benefits
    $26,532
    Filer's total
    $294,915
  • Wendy Samter

    Associate Provost/FKE

    Total calculated
    $271,767
    From this org
    $236,482
    From related orgs
    $0
    Other
    $35,285
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $213,592
    Bonus
    $20,000
    Other
    $2,890
    Deferred
    $23,084
    Nontaxable benefits
    $12,201
    Filer's total
    $271,767
  • Veronica S McComb

    Dean of the College of Arts and Sciences

    Total calculated
    $227,146
    From this org
    $180,347
    From related orgs
    $0
    Other
    $46,799
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $179,959
    Bonus
    $0
    Other
    $388
    Deferred
    $20,596
    Nontaxable benefits
    $26,203
    Filer's total
    $227,146
  • Bradford D Martin

    Faculty Professor/FKE

    Total calculated
    $192,201
    From this org
    $149,994
    From related orgs
    $0
    Other
    $42,207
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $142,716
    Bonus
    $6,000
    Other
    $1,278
    Deferred
    $16,158
    Nontaxable benefits
    $26,049
    Filer's total
    $192,201
  • Lorraine A Daignault

    VP Marketing and Communications (As of 7/11/22)

    Total calculated
    $130,413
    From this org
    $119,633
    From related orgs
    $0
    Other
    $10,780
    Hours/week
    50
  • Donna G Ng

    VP for Business Affairs/Treasurer (As of 10/3/22)

    Total calculated
    $130,042
    From this org
    $114,240
    From related orgs
    $0
    Other
    $15,802
    Hours/week
    50
  • David M Beirne

    Chair of the Board

    Total calculated
    $0
    Hours/week
    5
  • Joseph F Puishys

    Vice-Chair of the Board

    Total calculated
    $0
    Hours/week
    5
  • Kimberly Anderson

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Tim Barton

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • George E Bello

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • P James Brady

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Robert P Brown

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Robert J Calabro

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • William J Conaty

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Nancy DeViney

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Julia Di Natale

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Scott C Donnelly

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Jeffrey W Gardner

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Eric Handa

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Ann-Marie Harrington

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Skye Hazel

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Christine Katziff

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Diane Kazarian

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Beverly Ledbetter

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Kristian P Moor

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Patricia O'Brien

    Trsutee

    Total calculated
    $0
    Hours/week
    5
  • Angelique M Perrone

    Trsutee

    Total calculated
    $0
    Hours/week
    5
  • Gordon P Riblet

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Daniel J Rice IV

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • James V Rosati

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Brian Salit

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Edwin J Santos

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Cynthia Schmitt-Sprinkle

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • David Sorbaro

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Frank Stasiowski

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Margaret M Van Bree

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Scott Voss

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Rita Williams-Bogar

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • D Ellen Wilson

    Trustee

    Total calculated
    $0
    Hours/week
    5

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 · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 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
  • 7 · Other non-fixed payments

Answered no

  • 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
As a condition of their employment, the University provided on-campus housing for President Gittell; Rupendra Paliwal (Provost and Chief Academic Officer); Inge-Lise Ameer (VP for Student Affairs and Dean of Students); and William Smith (VP of Athletics and Recreation). The University provides custodial services to maintain the housing. These amounts are included as non-taxable benefits in Part II. Rupendra Paliwal (Provost) received one time gross-up payment to cover income taxes related to moving expenses. As a condition of employment, David Wegrzyn (VP for University Advancement), is reimbursed for social club expenses only when they are directly in furtherance of the University's business purpose, and thus are not treated as taxable compensation.
Schedule J, Part I, Line 4
Former VP for Business Affairs (until June 30, 2022) Barry Morrison received severance of $207,729 as a result of separation from the University. Madan Annavarjula (Dean for the College of Business) participated in a nonqualified supplemental retirement plan for which contributions were made in 2022 related to earnings for 2022. Barry Morrison (former VP for Business Affairs) and Charles LoCurto (VP for Information Services/CIO) received payments from a nonqualified supplemental retirement plan.
Schedule J, Part I, Line 7
At-risk compensation award is based on the achievement of an objective and quantitative set of measurable goals which are mutually established between the President and eligible participants at the beginning of each fiscal year. The President makes his assessment of each participant's achievement of specific goals, and presents his "at risk award" recommendation to the Executive Compensation Committee of the Board of Trustees for final review and approval.
Schedule J, Part II
Column B(III) includes payments for group term life premiums and personal use of auto. Column C includes employer provided contributions to Section 403(B) plans and other deferred compensation plans. Column D includes non-taxable benefits including undergraduate tuition remission, employer health benefits, life insurance and disability benefit premium payments, as well as the value of on-campus housing provided to certain employees under the requirements of their employment contracts. Column F includes payments made from a nonqualified supplemental retirement plan

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • BRU LLC

    Real estate · RI · income $0 · assets $590,682

    Directly controlled by Bryant University

Related corporations and trusts

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

  • Bryant China (HK) Limited

    C · Provision for prog. svcs. for Bryant Zhuai · HK · 100% owned · share of income $2,162,986 · share of assets $233,094 · controlled entity

    Directly controlled by Bryant University

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202441349349303659

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

The source document this was parsed from is served over the API, which is where bulk and document access live.