Totals
- Total revenue
- $249,568,152
- Total expenses
- $258,888,264
- Contributions and grants received
- $31,604,318
- Grants paid
- $96,218,791
- Program service revenue
- $203,088,841
- Investment income
- $13,553,038
- Other revenue
- $1,321,955
- Total assets, end of year
- $768,048,176
- Total liabilities, end of year
- $195,845,783
- Net assets or fund balances, end of year
- $572,202,393
- Program services expenses (Part IX)
- $243,234,684
- Management and general expenses
- $9,003,148
- Fundraising expenses
- $6,650,432
- Program service expenses (Part III)
- $243,234,684
Program services were 94.0% 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.
-
1e · Government grants (contributions)
$8,962,723
-
1f · All other contributions, gifts and grants
$22,641,595
-
1g · Noncash contributions included above
$347,004
-
2a · Program service revenue: TUITION AND FEES
total $180,587,622 · related or exempt $180,587,622
-
2b · Program service revenue: HOUSING
total $12,675,116 · related or exempt $12,675,116
-
2c · Program service revenue: FOOD SERVICES
total $7,798,959 · related or exempt $7,798,959
-
2d · Program service revenue: GEOGRAPHIC SOFTWARE
total $373,015 · related or exempt $373,015
-
2e · Program service revenue: CAMPUS STORE
total $225,199 · related or exempt $225,199
-
2f · All other program service revenue
total $1,428,930 · related or exempt $1,428,930
-
3 · Investment income
total $2,888,763 · excluded $2,888,763
-
5 · Royalties
total $196,093 · related or exempt $196,093
-
6a · Gross rents
real property $532,513
-
6b · Less rental expenses
real property $338,863
-
6c · Rental income or loss
real property $193,650
-
6d · Net rental income or loss
total $193,650 · excluded $193,650
-
7a · Gross sales of assets other than inventory
securities $12,341,645 · other assets $61,997,648
-
7b · Less cost or other basis and sales expenses
securities $3,868,393 · other assets $59,806,625
-
7c · Gain or loss
securities $8,473,252 · other assets $2,191,023
-
7d · Net gain or loss
total $10,664,275 · unrelated business -$715,376 · excluded $11,379,651
-
11a · Other revenue: INSURANCE INCENTIVES/REBATES
total $140,092 · related or exempt $140,092
-
11b · Other revenue: ENERGY INCENTIVES/GRANTS
total $117,741 · related or exempt $117,741
-
11c · Other revenue: NEW MTK TAX CRED GAIN
total $13,294 · excluded $13,294
-
11d · All other revenue
total $661,085 · related or exempt $661,085
-
11e · Other revenue, total
$932,212
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $918,720 · program services $918,720
-
2 · Grants to domestic individuals
total $95,102,912 · program services $95,102,912
-
3 · Grants to foreign organizations and individuals
total $197,159 · program services $197,159
-
5 · Compensation of officers, directors and key employees
total $4,349,011 · program services $464,516 · management and general $3,461,472 · fundraising $423,023
-
6 · Compensation of disqualified persons
total $44,061 · fundraising $44,061
-
7 · Other salaries and wages
total $77,922,554 · program services $62,473,495 · management and general $12,845,555 · fundraising $2,603,504
-
8 · Pension plan contributions
total $5,026,693 · program services $4,011,989 · management and general $847,914 · fundraising $166,790
-
9 · Other employee benefits
total $7,368,503 · program services $5,703,251 · management and general $1,398,610 · fundraising $266,642
-
10 · Payroll taxes
total $5,259,419 · program services $4,109,354 · management and general $960,179 · fundraising $189,886
-
11a · Fees: management
total $667,904 · program services $667,904
-
11b · Fees: legal
total $283,624 · program services $53,850 · management and general $229,774
-
11c · Fees: accounting
total $288,660 · management and general $288,660
-
11e · Fees: professional fundraising services
total $68,500 · fundraising $68,500
-
11f · Fees: investment management
total $3,394,493 · management and general $3,394,493
-
11g · Fees: other
total $9,464,422 · program services $7,743,238 · management and general $1,602,764 · fundraising $118,420
-
12 · Advertising and promotion
total $725,035 · program services $242,985 · management and general $480,181 · fundraising $1,869
-
13 · Office expenses
total $3,533,908 · program services $2,533,573 · management and general $651,172 · fundraising $349,163
-
14 · Information technology
total $3,035,438 · program services $2,947,420 · management and general $48,903 · fundraising $39,115
-
15 · Royalties
total $1,511,993 · program services $1,157,762 · management and general $244,860 · fundraising $109,371
-
16 · Occupancy
total $6,658,427 · program services $6,161,444 · management and general $442,373 · fundraising $54,610
-
17 · Travel
total $2,781,338 · program services $2,568,819 · management and general $75,921 · fundraising $136,598
-
19 · Conferences, conventions and meetings
total $2,393,822 · program services $1,731,612 · management and general $229,152 · fundraising $433,058
-
20 · Interest
total $4,518,802 · program services $4,118,616 · management and general $398,717 · fundraising $1,469
-
22 · Depreciation, depletion and amortization
total $10,944,710 · program services $9,554,567 · management and general $1,184,849 · fundraising $205,294
-
23 · Insurance
total $1,035,357 · program services $12,441 · management and general $990,336 · fundraising $32,580
-
24a · Other expenses: OTHER FOOD SERVICE
total $6,570,446 · program services $6,570,446 · management and general $0 · fundraising $0
-
24b · Other expenses: LIBRARY ACQUISITIONS
total $1,486,637 · program services $1,486,625 · management and general $12 · fundraising $0
-
24c · Other expenses: STUDY ABROAD/AWAY
total $1,462,513 · program services $1,462,513 · management and general $0 · fundraising $0
-
24e · All other expenses
total $1,873,203 · program services $21,239,473 · management and general -$20,772,749 · fundraising $1,406,479
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $235,854 · end of year $797,740
-
2 · Savings and temporary cash investments
beginning of year $56,487,522 · end of year $26,378,713
-
3 · Pledges and grants receivable
beginning of year $8,477,856 · end of year $12,811,777
-
4 · Accounts receivable
beginning of year $1,855,270 · end of year $1,957,526
-
8 · Inventories for sale or use
beginning of year $1,460,161 · end of year $1,322,614
-
9 · Prepaid expenses and deferred charges
beginning of year $4,369,134 · end of year $4,587,859
-
10a · Land, buildings and equipment: cost or other basis
$391,904,431
-
10b · Land, buildings and equipment: accumulated depreciation
$175,014,282
-
10c · Land, buildings and equipment, net
beginning of year $189,042,976 · end of year $216,890,149
-
11 · Investments: publicly traded securities
beginning of year $11,470,961 · end of year $12,612,126
-
12 · Investments: other securities
beginning of year $451,677,645 · end of year $487,063,515
-
13 · Investments: program-related
beginning of year $1,365,639 · end of year $876,568
-
15 · Other assets
beginning of year $2,068,210 · end of year $2,749,589
-
17 · Accounts payable and accrued expenses
beginning of year $23,860,351 · end of year $20,459,300
-
19 · Deferred revenue
beginning of year $10,492,371 · end of year $9,467,568
-
24 · Unsecured notes and loans payable
beginning of year $154,487,366 · end of year $154,516,954
-
25 · Other liabilities
beginning of year $12,412,147 · end of year $11,401,961
-
27 · Net assets without donor restrictions
beginning of year $132,424,916 · end of year $140,309,313
-
28 · Net assets with donor restrictions
beginning of year $394,834,077 · end of year $431,893,080
Mission and programs · 2023
Mission
CLARK UNIVERSITY'S MISSION IS TO EDUCATE UNDERGRADUATE AND GRADUATE STUDENTS TO BE IMAGINATIVE AND CONTRIBUTING CITIZENS OF THE WORLD, AND TO ADVANCE THE FRONTIERS OF KNOWLEDGE AND UNDERSTANDING THROUGH RIGOROUS SCHOLARSHIP AND CREATIVE EFFORT. (CONTINUED ON SCHEDULE O) CLARK FOSTERS A COMMITMENT TO EXCELLENCE IN STUDYING TRADITIONAL ACADEMIC DISCIPLINES, AS WELL AS INNOVATION IN EXPLORING QUESTIONS THAT CROSS DISCIPLINARY BOUNDARIES.
Activities or mission (Part I)
CLARK UNIVERSITY'S MISSION IS TO EDUCATE UNDERGRADUATE AND GRADUATE (CONTINUED ON SCHEDULE O)STUDENTS TO BE IMAGINATIVE AND CONTRIBUTING CITIZENS OF THE WORLD, AND TO ADVANCE THE FRONTIERS OF KNOWLEDGE AND UNDERSTANDING THROUGH RIGOROUS SCHOLARSHIP AND CREATIVE EFFORT.
-
INSTRUCTION AND ACADEMIC SUPPORT: CLARK'S FALL 2023 ENROLLMENT CONSISTED OF 1,774 UNDERGRADUATES AND 597 GRADUATE STUDENTS. OUR MOTTO - AND MISSION - IS "CHALLENGE CONVENTION; CHANGE OUR WORLD", AND OUR FACULTY MEMBERS WORK TO INSPIRE THEIR STUDENTS TO UTILIZE THEIR LIBERAL ARTS BASED EDUCATION TO MAKE A REAL DIFFERENCE IN THE COMMUNITIES IN WHICH THEY LIVE AND WORK. WE ALSO HAVE STRONG GRADUATE PROGRAMS, WHICH INCLUDE MASTERS' LEVEL DEGREES AND EIGHT PHD PROGRAMS.
Expenses $97,037,658 · Revenue $181,471,284
-
FINANCIAL AID: CLARK IS COMMITTED TO BEING AFFORDABLE TO THOSE STUDENTS ABLE TO MEET THE HIGH ACADEMIC EXPECTATIONS OF OUR FACULTY. APPROXIMATELY 96% OF UNDERGRADUATE STUDENTS RECEIVE SOME LEVEL OF FINANCIAL ASSISTANCE, WHICH IS DISTRIBUTED ON THE BASIS OF BOTH MERIT AND FINANCIAL NEED.
Expenses $93,583,909 · Grants $93,583,909
-
RESEARCH: CLARK IS COMMITTED TO A PROGRAM OF RESEARCH AND HAS A VERY PROFESSIONALLY ACTIVE FACULTY, VIRTUALLY ALL OF WHOM ARE ENGAGED IN SPONSORED OR UNSPONSORED RESEARCH AND CREATIVE ACTIVITY. UNDERGRADUATE AND GRADUATE STUDENTS PARTICIPATE EXTENSIVELY IN FACULTY-DIRECTED RESEARCH. RESEARCH IS FUNDED BY BOTH PRIVATE AND PUBLIC GRANTS.
Expenses $14,502,441 · Grants $2,634,882
-
AUXILIARY SERVICES INCLUDES PROVIDING HIGH QUALITY RESIDENCE HALLS, FOOD SERVICE, AND CAMPUS STORE SERVICES TO CLARK STUDENTS.STUDENT SERVICES PROGRAMS SUPPORT AN ENVIRONMENT FOR STUDENTS THAT ENCOURAGES THEM TO BECOME ACTIVE, INVOLVED AND RESPONSIBLE CITIZENS IN GLOBAL COMMUNITIES. RESOURCES ARE EXPENDED TO PROVIDE SUPPORT TO STUDENTS IN ACHIEVING THEIR NON-ACADEMIC GOALS AND PROVIDING A BALANCED AND HEALTHY SOCIAL ENVIRONMENT.
Expenses $38,110,676 · Revenue $22,732,568
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ani AprahamianANI APRAHAMIAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jason M BarnettJASON M BARNETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Donella BrockingtonDONELLA BROCKINGTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Ingrid Busson-HallINGRID BUSSON-HALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Anthony CannonANTHONY CANNON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Kevin CherryKEVIN CHERRY
TRUSTEE (THRU 06/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Roy DinicolaROY DINICOLA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mona DomoshMONA DOMOSH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Larry FranksLARRY FRANKS
TRUSTEE (AS OF 07/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Ross GillmanROSS GILLMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Janet GossJANET GOSS
TRUSTEE (AS OF 07/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Nancie JulianNANCIE JULIAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Gary LabovichGARY LABOVICH
TRUSTEE/CHAIR
- Total calculated
- $0
- Hours/week
- 15
-
Lawrence LandryLAWRENCE LANDRY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Cynthia Michael-WolpertCYNTHIA MICHAEL-WOLPERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Antonio MolestinaANTONIO MOLESTINA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Arlene MorrisARLENE MORRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Peter MugarPETER MUGAR
TRUSTEE (AS OF 07/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer OttingerJENNIFER OTTINGER
TRUSTEE (AS OF 07/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Karen Patterson GreeneKAREN PATTERSON GREENE
TRUSTEE (AS OF 07/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Erica PennERICA PENN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Lee PlaveLEE PLAVE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Joseph PokuJOSEPH POKU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Vickie H RiccardoVICKIE H RICCARDO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Ron ShaichRON SHAICH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
David StrasslerDAVID STRASSLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Tony TiltonTONY TILTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Wendi J TrillingWENDI J TRILLING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Bruce WeillerBRUCE WEILLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mark WetzelMARK WETZEL
TRUSTEE (AS OF 07/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Lori WittmanLORI WITTMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
David FithianDAVID FITHIAN
PRESIDENT
- Total calculated
- $998,813
- From this org
- $893,604
- From related orgs
- $0
- Other
- $105,209
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $804,006
- Bonus
- $80,371
- Other
- $9,227
- Deferred
- $33,000
- Nontaxable benefits
- $72,209
- Filer's total
- $998,813
-
Danielle ManningDANIELLE MANNING
EXECUTIVE VICE PRESIDENT & TREASURER
- Total calculated
- $445,160
- From this org
- $397,148
- From related orgs
- $0
- Other
- $48,012
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $361,953
- Bonus
- $35,195
- Other
- $0
- Deferred
- $33,000
- Nontaxable benefits
- $15,012
- Filer's total
- $445,160
-
Kendall IsaacKENDALL ISAAC
GEN COUNSEL & SECRETARY
- Total calculated
- $409,055
- From this org
- $343,718
- From related orgs
- $0
- Other
- $65,337
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $343,718
- Bonus
- $0
- Other
- $0
- Deferred
- $33,000
- Nontaxable benefits
- $32,337
- Filer's total
- $409,055
-
Anne RandallANNE RANDALL
CONTROLLER AND ASST TREASURER
- Total calculated
- $188,132
- From this org
- $170,656
- From related orgs
- $0
- Other
- $17,476
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $170,656
- Bonus
- $0
- Other
- $0
- Deferred
- $16,986
- Nontaxable benefits
- $490
- Filer's total
- $188,132
-
Sebastian RoyoSEBASTIAN ROYO
PROVOST
- Total calculated
- $425,042
- From this org
- $353,930
- From related orgs
- $0
- Other
- $71,112
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $353,930
- Bonus
- $0
- Other
- $0
- Deferred
- $33,000
- Nontaxable benefits
- $38,112
- Filer's total
- $425,042
-
Jill FriedmanJILL FRIEDMAN
VP MARKETING & COMMUNICATIONS
- Total calculated
- $329,166
- From this org
- $287,442
- From related orgs
- $0
- Other
- $41,724
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $287,442
- Bonus
- $0
- Other
- $0
- Deferred
- $28,857
- Nontaxable benefits
- $12,867
- Filer's total
- $329,166
-
David ChearoDAVID CHEARO
VP PLANNING & CHIEF OF STAFF
- Total calculated
- $336,757
- From this org
- $277,532
- From related orgs
- $0
- Other
- $59,225
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $252,121
- Bonus
- $25,411
- Other
- $0
- Deferred
- $26,616
- Nontaxable benefits
- $32,609
- Filer's total
- $336,757
-
Margo ForemanMARGO FOREMAN
VP & CHIEF DIVERSITY OFFICER
- Total calculated
- $279,486
- From this org
- $217,798
- From related orgs
- $0
- Other
- $61,688
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $217,798
- Bonus
- $0
- Other
- $0
- Deferred
- $23,576
- Nontaxable benefits
- $38,112
- Filer's total
- $279,486
-
Joseph CorazziniJOSEPH CORAZZINI
VP GOVT & COMM AFFAIRS
- Total calculated
- $255,522
- From this org
- $219,647
- From related orgs
- $0
- Other
- $35,875
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $219,647
- Bonus
- $0
- Other
- $0
- Deferred
- $4,488
- Nontaxable benefits
- $31,387
- Filer's total
- $255,522
-
Joe ManokJOE MANOK
VICE PRESIDENT UNIV. ADVANCEMENT
- Total calculated
- $378,944
- From this org
- $317,020
- From related orgs
- $0
- Other
- $61,924
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $317,020
- Bonus
- $0
- Other
- $0
- Deferred
- $31,033
- Nontaxable benefits
- $30,891
- Filer's total
- $378,944
-
Alan EisnerALAN EISNER
DEAN SCHOOL OF MANAGEMENT
- Total calculated
- $393,775
- From this org
- $355,638
- From related orgs
- $0
- Other
- $38,137
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $350,438
- Bonus
- $5,200
- Other
- $0
- Deferred
- $33,000
- Nontaxable benefits
- $5,137
- Filer's total
- $393,775
-
John LabrieJOHN LABRIE
ASC PROVOST/DEAN OF PROF STUDIES
- Total calculated
- $398,281
- From this org
- $330,839
- From related orgs
- $0
- Other
- $67,442
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $276,733
- Bonus
- $54,106
- Other
- $0
- Deferred
- $29,330
- Nontaxable benefits
- $38,112
- Filer's total
- $398,281
-
Nadia WardNADIA WARD
DIRECTOR MOSAKOWSKI INSTITUTE
- Total calculated
- $305,616
- From this org
- $266,029
- From related orgs
- $0
- Other
- $39,587
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $266,029
- Bonus
- $0
- Other
- $0
- Deferred
- $26,720
- Nontaxable benefits
- $12,867
- Filer's total
- $305,616
-
Seyed Hamed AlemohammadSEYED HAMED ALEMOHAMMAD
DIR. CNTR GEOSPATIAL ANALYTICS
- Total calculated
- $295,927
- From this org
- $254,325
- From related orgs
- $0
- Other
- $41,602
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $254,325
- Bonus
- $0
- Other
- $0
- Deferred
- $24,193
- Nontaxable benefits
- $17,409
- Filer's total
- $295,927
-
Ronald EastmanRONALD EASTMAN
DIRECTOR OF CLARK LABS
- Total calculated
- $307,826
- From this org
- $251,020
- From related orgs
- $0
- Other
- $56,806
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $251,020
- Bonus
- $0
- Other
- $0
- Deferred
- $25,705
- Nontaxable benefits
- $31,101
- Filer's total
- $307,826
-
Yuko AoyamaYUKO AOYAMA
ASSOC PROVOST/DEAN OF RESEARCH
- Total calculated
- $221,522
- From this org
- $191,384
- From related orgs
- $0
- Other
- $30,138
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $191,384
- Bonus
- $0
- Other
- $0
- Deferred
- $19,275
- Nontaxable benefits
- $10,863
- Filer's total
- $221,522
-
Matthew MalskyMATTHEW MALSKY
PROGRAM DIR. MCA SUPPLEMENT
- Total calculated
- $154,930
- From this org
- $140,651
- From related orgs
- $0
- Other
- $14,279
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,651
- Bonus
- $0
- Other
- $0
- Deferred
- $13,892
- Nontaxable benefits
- $387
- Filer's total
- $154,930
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
- 1a · Personal services (maid, chauffeur, chef)
- 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
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- TRAVEL FOR COMPANIONS: TWO TRIPS FOR BUSINESS PURPOSES FOR THE PRESIDENT'S SPOUSE IN THE FALL OF 2023. THE EXPENSE WAS NOT INCLUDED IN TAXABLE INCOME. HOUSING ALLOWANCE AND PERSONAL SERVICES: THE PRESIDENT IS REQUIRED TO LIVE IN CAMPUS HOUSING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE UNIVERSITY. THE FAIR MARKET VALUE OF THE HOUSING IS INCLUDED AS A NONTAXABLE BENEFIT IN THE PRESIDENT'S COMPENSATION. THE VALUE OF ANY CLEANING SERVICES IS INCLUDED IN TAXABLE EARNINGS. GROSS-UP PAYMENTS: THE UNIVERSITY PAID PREMIUMS ON THE PRESIDENT'S LIFE INSURANCE POLICY, THE VALUE OF WHICH WAS GROSSED UP AND INCLUDED IN TAXABLE INCOME. SOCIAL CLUB MEMBERSHIPS: TWO SENIOR STAFF MEMBERS WERE PROVIDED SOCIAL CLUB MEMBERSHIPS FOR THE PURPOSE OF UNIVERSITY ENTERTAINING. THE COST OF THE MEMBERSHIPS WAS NOT INCLUDED IN TAXABLE INCOME.
- PART I, LINE 3
- THE UNIVERSITY'S BOARD OF TRUSTEES HAS FORMED AN EXECUTIVE COMPENSATION COMMITTEE WHICH IS CHARGED WITH ESTABLISHING THE PRESIDENT'S COMPENSATION AND APPROVING THE PRESIDENT'S WRITTEN EMPLOYMENT CONTRACT. THE COMMITTEE ENGAGES INDEPENDENT COMPENSATION CONSULTANTS AND REVIEWS COMPARABLE INDUSTRY DATA WHEN DETERMINING THE PRESIDENT'S COMPENSATION. THE EXECUTIVE COMPENSATION COMMITTEE EVALUATES THE PRESIDENT'S COMPENSATION ANNUALLY BASED ON THE TERMS OF HIS EMPLOYMENT CONTRACT, DOCUMENTING THEIR DELIBERATIONS AND THE RESULTING APPROVAL.
- PART I, LINE 7
- CERTAIN LISTED INDIVIDUALS RECEIVED A BONUS SUBJECT TO APPROVAL BY THE BOARD.
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
-
$222,000
RESEARCH/TRAINING
-
BOSTON PRIVATE INDUSTRY COUNCIL INC
$184,180
RESEARCH/TRAINING
-
CITY OF WORCESTER
$139,985
RESEARCH/TRAINING
-
$87,760
RESEARCH
-
$87,471
RESEARCH/TRAINING
-
$52,810
RESEARCH
-
VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY
$47,698
RESEARCH
-
$42,436
RESEARCH
-
$17,599
RESEARCH
-
UNIVERSITY OF HAWAII
$12,927
RESEARCH
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · SUPPORT THE TRUSTEES OF CLARK UNIVERSITY UNDER SECTION 501(C)(3). · MA · controlled entity
Directly controlled by TRUSTEES OF CLARK UNIVERSITY
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 TRUST (18)
T · CHARITABLE TRUST · MA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531009349300123
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.