2024-04-03T15:38:21-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2022-07-01 475219553 CENTENARY EQUESTRIAN FOUNDATION LLC CENT 9735388008 400 JEFFERSON STREET HACKETTSTOWN NJ 07840 DENTON L STARGEL TREASURER 9088521400 2024-04-03 1 DENTON STARGEL 999009999 1 GARRETT M HIGGINS P00543209 2017129800 2024-03-29 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR DALE CALDWELL 400 JEFFERSON STREET HACKETTSTOWN NJ 07840 1238134 0 X N/A X LLC 2015 NJ TO OWN PROPERTY FOR THE BENEFIT AND SUPPORT OF CENTENARY UNIVERSITY. 7 5 0 7 0 0 0 0 1472688 1238134 0 0 0 0 1472688 1238134 0 0 0 0 0 0 0 0 0 3393665 3334222 3393665 3334222 -1920977 -2096088 76414742 73749622 30604044 30035012 45810698 43714610 THE PURPOSE OF THE ORGANIZATION IS TO OWN THE REAL PROPERTY AND IMPROVEMENTS OF THE CENTENARY UNIVERSITY CAMPUS AND EQUINE CENTER FACILITIES. 0 0 3174180 1238134 THE PURPOSE OF THE ORGANIZATION IS TO OWN THE REAL PROPERTY AND IMPROVEMENTS OF THE CENTENARY UNIVERSITY CAMPUS AND EQUINE CENTER FACILITIES. 3174180 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 X DENTON L STARGEL TREASURER 9088521400 400 JEFFERSON STREET HACKETTSTOWN NJ 07840 BRUCE MURPHY PRESIDENT 1.00 35.00 X X 0 336618 63229 DENTON STARGEL TREASURER 1.00 35.00 X X 0 191764 13169 WOLFGANG GSTATTENBAUER TRUSTEE 1.00 3.00 X 0 0 0 MICHAEL CATAPANO TRUSTEE 1.00 3.00 X 0 0 0 DAVID JOHNSON TRUSTEE 1.00 3.00 X 0 0 0 KELLY MUNZ TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY YACULLO TRUSTEE 1.00 0.00 X 0 0 0 CLAUDIA IZZI SECRETARY 1.00 35.00 X 0 63632 9705 0 592014 86103 0 0 1 0 0 RENTAL TO UNIVERSITY 532000 1238134 1238134 1238134 1238134 1238134 0 0 719659 685116 34543 2614563 2489064 125499 3334222 3174180 160042 0 598426 138199 90737485 47092300 46023767 43645185 775442 753287 29017107 29212951 76414742 73749622 90587 88902 30513457 29946110 30604044 30035012 X 45810698 43714610 45810698 43714610 76414742 73749622 -2096088 0 X X 0 1 X 0 0 X X X 1 CENTENARY UNIVERSITY 221500484 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART I, LINE 12G COLUMN (VI) CENTENARY EQUESTRIAN FOUNDATION PROVIDES THE USE OF ALL OF ITS CAMPUS PROPERTY TO CENTENARY UNIVERSITY. THE AMOUNT OF RENTAL REVENUE IS $1,238,134, AS REPORTED IN 990 PART VIII, LINE 2A. 302151 302151 85206000 45045611 40160389 5229334 2046689 3182645 43645185 DUE FROM CENTENARY UNIVERSITY 29212951 29212951 X 32797170 31559036 31559036 1238134 0 1238134 38696712 35362490 35362490 3334222 0 3334222 PART X, LINE 2: FOLLOWING IS THE FOOTNOTE FROM CONSOLIDATED AUDITED FINANCIAL STATEMENTS IN WHICH THE ORGANIZATION IS INCLUDED: CENTENARY UNIVERSITY AND THE FOUNDATION ACCOUNT FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORELIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT JUNE 30, 2023 AND 2022. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE IN THE CONSOLIDATED FINANCIAL STATEMENTS ATTRIBUTABLE TO THE UNIVERSITY 31,559,036. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES IN THE CONSOLIDATED FINANCIAL STATEMENTS ATTRIBUTABLE TO THE UNIVERSITY 35,362,490. 0 0 0 0 0 0 0 0 0 BRUCE MURPHY PRESIDENT 0 300000 0 30000 0 6618 0 750 0 62479 0 399847 0 0 DENTON STARGEL TREASURER 0 191764 0 0 0 0 0 0 0 13169 0 204933 0 0 PART I, LINE 3 THE OFFICERS REPORTED IN PART II ARE COMPENSATED BY CENTENARY UNIVERSITY, A RELATED TAX-EXEMPT ORGANIZATION WHICH USED THE FOLLOWING METHODS TO ESTABLISH THEIR COMPENSATION: THE USE OF A BOARD-DESIGNATED PERSONNEL COMMITTEE, COMPENSATION SURVEYS USING COMPARABLE DATA FROM OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OF CENTENARY UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS CENTENARY UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, CENTENARY UNIVERSITY, ELECTS ALL BOARD TRUSTEES. NO TRUSTEE MAY BE APPOINTED, ELECTED OR SERVE BY DESIGNATION OF ANY OTHER PERSON OR FUTURE MEMBER OTHER THAN CENTENARY UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN GOVERNANCE DECISIONS OF THE ORGANIZATION ARE SUBJECT TO THE APPROVAL OF CENTENARY UNIVERSITY, THE SOLE MEMBER. THESE DECISIONS INCLUDE DETERMINING THE NUMBER OF TRUSTEES, THE DECISION TO TRANSFER AN INTEREST OF THE ORGANIZATION, AND THE DECISION TO DISSOLVE THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY THE CFO AND CONTROLLER, OF CENTENARY UNIVERSITY, AND IS PRESENTED TO THE AUDIT COMMITTEE AND THE FULL BOARD OF TRUSTEES OF THE UNIVERSITY. ALL TRUSTEES RECEIVE A COMPLETE COPY OF THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE IS REQUIRED UPON HIRE, AND ANNUALLY, TO COMPLETE A "CONFLICT OF INTEREST QUESTIONNAIRE." THIS IS MONITORED BY BUSINESS, FINANCE AND HUMAN RESOURCES. KEY ITEMS REVIEWED INCLUDE ASKING IF THE PERSON OR MEMBER OF THEIR FAMILY HAS BUSINESS DEALINGS WITH THE FOUNDATION OR ORGANIZATIONS AFFLIATED WITH THE FOUNDATION. IF A CONFLICT IS DETERMINED TO EXIST, IT IS RESOLVED ACCORDINGLY, WHICH INCLUDEDS ENSURING THE INDIVIDUAL IS EXCUSED FROM DISCUSSION ON ANY MATTERS ASSOCIATED WITH THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC REVIEW UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OF CENTENARY UNIVERSITY, THE SOLE MEMBER OF THE FOUNDATION, OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CENTENARY UNIVERSITY 400 JEFFERSON STREET HACKETTSTOWN NJ 07840 221500484 POST SECONDARY EDUCATION NJ 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 1 1