Skip to main content

Nonprofit · EIN 59-0624412

JACKSONVILLE UNIVERSITY

Tax-exempt · JACKSONVILLE, FL 32211

Financials

$190.9M$189.9M2022$197.9M$211.6M2023$227.5M$232.1M2024
Revenue Expenses · by fiscal year end
Financials of JACKSONVILLE UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$227,501,878$232,145,639-$4,643,761$432,015,496$332,254,904$99,760,592
June 30, 2024990$197,931,983$211,564,149-$13,632,166$402,293,980$305,198,534$97,095,446
June 30, 2023990$190,889,661$189,944,057$945,604$384,273,459$279,943,576$104,329,883
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$33,556,200
of which government grants
$17,403,742
Program service revenue
$187,858,236
Investment income
$3,638,363
Net rental income
$189,539
Net gain from sales of assets
$1,287,837
Tax-exempt bond proceeds
$169,138
Other revenue
$2,449,079

Expenses

Grants and similar amounts paid
$91,865,745
Compensation of officers, directors and key employees
$2,451,019
Other salaries and wages
$54,913,229
Salaries, compensation and benefits (total)
$73,525,597
Professional fundraising fees
$0
Legal fees
$190,228
Accounting fees
$259,840
Occupancy
$4,619,614
Travel
$3,131,378
Depreciation
$8,211,980
Program services (functional)
$188,276,092
Management and general (functional)
$43,031,139
Fundraising (functional)
$838,408

Balance sheet and other

Total assets, start of year
$402,293,980
Total assets, end of year
$432,015,496
Total liabilities, end of year
$332,254,904
Net assets, end of year
$99,760,592
Land, buildings and equipment
$183,755,766
Publicly traded securities
$72,544,592
Net assets without donor restrictions
$31,533,361
Net assets with donor restrictions
$68,227,231
Gross unrelated business income
$118,172
Gross receipts
$250,864,018
Employees
1,420
Volunteers
95
Year formed
1934
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Timothy CostPresident
Trustee or director, Officer
40$967,829$134,672
Christine SapienzaExecutive VP, Partnership & Development
Key employee
40$559,298$84,750
Eman OthmanAsst. Professor Orthodontics
Highest-paid employee
40$371,976$59,965
Jordan MincyHead Men's Basketball Coach
Highest-paid employee
40$357,748$47,384
Nicholas AllardDean, College of Law
Highest-paid employee
40$365,112$21,704
Randal FreebournSenior VP, CFO (thru 1.31.2025)
Officer
40$289,138$73,741
Alex Ricker-GilbertSVP, Athletic Director
Highest-paid employee
40$299,727$52,040
Barbara RitterDean, College of Business
Highest-paid employee
40$276,580$56,274
Sherri JacksonInterim Provost
Key employee
40$231,147$29,292
Kimberly BanksDir. of Fin. Mgmt (7.1.24 - 1.31.25) / SVP, CFO (as of 2.1.25)
Officer
40$64,579$16,573
Charles JosephSecretary/Advocate
Trustee or director, Officer
1$0$0
Frank MartireTreasurer
Trustee or director, Officer
1$0$0
John MillerVice Chairman
Trustee or director, Officer
1$0$0
Matthew KaneChairman
Trustee or director, Officer
1$0$0
Amy BergTrustee
Trustee or director
1$0$0
21 more people on this return
NameTitleHours / weekCompensation
Audrey MoranTrustee
Trustee or director
1$0
Barry GleichenhausTrustee
Trustee or director
1$0
Clay MeuxTrustee
Trustee or director
1$0
Dane GreyTrustee
Trustee or director
1$0
Ellis HarrTrustee
Trustee or director
1$0
Janet Walker FordTrustee
Trustee or director
1$0
JF Bryan IVTrustee
Trustee or director
1$0
John Donahoo IIITrustee
Trustee or director
1$0
Joseph NackashiTrustee
Trustee or director
1$0
Joseph SanchezTrustee
Trustee or director
1$0
Kent Thielen MDTrustee
Trustee or director
1$0
Laura AngeliniTrustee
Trustee or director
1$0
Lee NimnichtTrustee
Trustee or director
1$0
Mark BennettTrustee
Trustee or director
1$0
Marsha OliverTrustee
Trustee or director
1$0
Nina WatersTrustee
Trustee or director
1$0
Paul BoyntonTrustee
Trustee or director
1$0
Shane SimsTrustee
Trustee or director
1$0
Timothy Groover MDTrustee
Trustee or director
1$0
Will BaxleyTrustee
Trustee or director
1$0
Will WeatherfordTrustee
Trustee or director
1$0
990 for the year ended June 30, 2024: 37 people
NameTitleHours / weekCompensationOther / benefits
Timothy P CostPresident
Trustee or director, Officer
40$1,355,129$133,823
Dr Christine SapienzaExecutive VP, Partnership & Development
Key employee
40$365,677$77,804
Jordan MincyHead Coach, Men's Basketball
Highest-paid employee
40$353,536$30,717
Nicholas AllardDean, College of Law
Highest-paid employee
40$370,854$10,026
Randal FreebournSenior VP, CFO
Officer
40$264,913$68,379
Alex Ricker-GilbertSVP, Athletic Director
Highest-paid employee
40$306,272$25,518
Barbara RitterDean, DCOB
Highest-paid employee
40$286,562$25,487
Eman OthmanAssistant Professor Orthodontics
Highest-paid employee
40$277,102$24,088
Sherri JacksonInterim Provost
Key employee
40$207,233$29,214
Charles JosephTrustee (thru May 2024), Secretary & Advocate (BEG. May 2024)
Trustee or director, Officer
1$0$0
Frank MartireTreasurer
Trustee or director, Officer
1$0$0
Jamie SheltonSecretary & Advocate (THRU May 2024)
Trustee or director, Officer
1$0$0
John MillerVice Chairman
Trustee or director, Officer
1$0$0
Matthew KaneChairman
Trustee or director, Officer
1$0$0
Amy BergTrustee
Trustee or director
1$0$0
Audrey MoranTrustee
Trustee or director
1$0$0
Barry GleichenhausTrustee
Trustee or director
1$0$0
Clay MeuxTrustee
Trustee or director
1$0$0
Cynthia ChomiakTrustee (THRU MAY 2024)
Trustee or director
1$0$0
Dane GreyTrustee
Trustee or director
1$0$0
G Ray DriverTrustee
Trustee or director
1$0$0
Jannet Walker FordTrustee
Trustee or director
1$0$0
JF Bryan IVTrustee
Trustee or director
1$0$0
Joseph SanchezTrustee
Trustee or director
1$0$0
Ken BabbyTrustee
Trustee or director
1$0$0
Kent Thielen MDTrustee
Trustee or director
1$0$0
Laura AngeliniTrustee
Trustee or director
1$0$0
Lee NimnichtTrustee
Trustee or director
1$0$0
Linda SteinTrustee (THRU MAY 2024)
Trustee or director
1$0$0
Mark BennettTrustee
Trustee or director
1$0$0
Marsha OliverTrustee
Trustee or director
1$0$0
Nina WatersTrustee
Trustee or director
1$0$0
Paul BoyntonTrustee
Trustee or director
1$0$0
Roseann DuranTrustee (THRU JAN 2024)
Trustee or director
1$0$0
Russ ThomasTrustee
Trustee or director
1$0$0
Timothy Groover MDTrustee
Trustee or director
1$0$0
Will WeatherfordTrustee
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 33 people
NameTitleHours / weekCompensationOther / benefits
Timothy P CostPresident
Trustee or director, Officer
40$827,522$127,121
Dr Christine SapienzaProvost (thru May 2023), Exec. VP, Partnership & Development
Key employee
40$357,750$62,615
Jordan MincyHead Men's Basketball Coach
Highest-paid employee
40$348,469$28,941
Alex Ricker-GilbertSVP, Athletic Director
Highest-paid employee
40$291,925$23,014
Barbara RitterDean, DCOB
Highest-paid employee
40$279,026$35,526
Randal FreebournSenior VP CFO
Officer
40$253,687$60,628
Eman OthmanAsst. Professor, Orthodontics
Highest-paid employee
40$243,474$33,251
Grant VezinaClinical Director, Orthodontics
Highest-paid employee
40$251,096$2,075
Cynthia ChomiakVice Chairman (thru 10/2022) / Trustee
Trustee or director, Officer
1$0$0
Frank MartireTreasurer
Trustee or director, Officer
1$0$0
Jamie SheltonChairman (thru 10/2022) / Secretary & Advocate
Trustee or director, Officer
1$0$0
John MillerVice Chairman
Trustee or director, Officer
1$0$0
Matthew KaneSecretary & Advocate (thru 10/2022) / Chairman
Trustee or director, Officer
1$0$0
Amy BergTrustee
Trustee or director
1$0$0
Audrey MoranTrustee
Trustee or director
1$0$0
Barry GleichenhausTrustee
Trustee or director
1$0$0
Charles JosephTrustee
Trustee or director
1$0$0
Dane GreyTrustee
Trustee or director
1$0$0
G Ray DriverTrustee
Trustee or director
1$0$0
Jannett Walker FordTrustee
Trustee or director
1$0$0
JF Bryan IVTrustee
Trustee or director
1$0$0
Joseph SanchezTrustee
Trustee or director
1$0$0
Ken BabbyTrustee
Trustee or director
1$0$0
Kent Thielen MDTrustee
Trustee or director
1$0$0
Laura AngeliniTrustee
Trustee or director
1$0$0
Linda SteinTrustee
Trustee or director
1$0$0
Marsha OliverTrustee
Trustee or director
1$0$0
Nina WatersTrustee
Trustee or director
1$0$0
Paul BoyntonTrustee
Trustee or director
1$0$0
Rachel VittiTrustee (thru Feb. 2023)
Trustee or director
1$0$0
Roseann DuranTrustee
Trustee or director
1$0$0
Russ ThomasTrustee
Trustee or director
1$0$0
Will WeatherfordTrustee
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2800 UNIVERSITY BLVD N, JACKSONVILLE, FL 32211-3321
Principal officer (990 for 2024)
Timothy Cost, 2800 University Boulevard North, Jacksonville, FL 32211
Signed the 990
Timothy Cost, President
Phone
(904) 256-7082
Website
www.ju.edu
Return prepared by
CROWE LLP

Mission

Our mission is to empower students for life-long growth as global citizens through a transformative, innovative educational experience, built on excellence in community-centered service. We accomplish this mission in a small, comprehensive, independent University community located within a vibrant metropolitan setting. (continued on Schedule O)

990 for the year ended June 30, 2025

Program accomplishments

  • JACKSONVILLE UNIVERSITY ("JU") IS A SMALL, COMPREHENSIVE, INDEPENDENT UNIVERSITY COMBINING THE BEST ATTRIBUTES OF THE LIBERAL ARTS AND SCIENCES TRADITION AND PROFESSIONAL STUDIES. THE JU LEARNING COMMUNITY PROVIDES PERSONALIZED SERVICE AND CLOSE STUDENT-FACULTY INTERACTION WITH AN EMPHASIS ON ENGAGED LEARNING. THE COLLEGE OF ARTS & SCIENCES, THE DAVIS COLLEGE OF BUSINESS, THE COLLEGE OF FINE ARTS, THE COLLEGE OF HEALTH SCIENCES, AND THE SCHOOL OF ORTHODONTICS OFFER MORE THAN 70 UNDERGRADUATE MAJORS PLUS GRADUATE PROGRAMS IN BUSINESS, CHOREOGRAPHY, VISUAL ARTS, EDUCATION, MATH, MARINE SCIENCE, NURSING AND ORTHODONTICS. JACKSONVILLE UNIVERSITY PREPARES ITS STUDENTS TO SUCCEED IN MEANINGFUL CAREERS AND ADVANCED STUDY AT THE GRADUATE LEVEL AND ALSO TO FUNCTION AS WELL-EDUCATED, WELL-ROUNDED, SERVICE-MINDED CITIZENS IN OUR MODERN SOCIETY. (continued on Schedule O)
    Expenses $188,276,092 · grants $91,865,745 · revenue $190,049,488

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-0624412
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1944
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$432,015,496
Income (IRS master file)
$250,864,018

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$227,501,878$232,145,639$432,015,496IRS
990-TJune 2025–––IRS
990June 2024$197,931,983$211,564,149$402,293,980IRS
990-TJune 2024–––IRS
990June 2023$190,889,661$189,944,057$384,273,459IRS
990-TJune 2023–––IRS
990June 2022$178,973,477$175,920,087$366,536,773IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-0624412).

Questions about JACKSONVILLE UNIVERSITY

What is the EIN of JACKSONVILLE UNIVERSITY?
The employer identification number (EIN) of JACKSONVILLE UNIVERSITY is 59-0624412.
Is JACKSONVILLE UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1944.
Are donations to JACKSONVILLE UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does JACKSONVILLE UNIVERSITY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of JACKSONVILLE UNIVERSITY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JACKSONVILLE UNIVERSITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of JACKSONVILLE UNIVERSITY?
The 990 for the year ended June 30, 2025 names Timothy Cost.
Who are the officers and directors of JACKSONVILLE UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 36 people; 10 received compensation from the organization, the highest $967,829 (Timothy Cost, President).
How much revenue does JACKSONVILLE UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $227,501,878, expenses of $232,145,639 and total assets of $432,015,496 at year end.

Other nonprofits in JACKSONVILLE

All nonprofits in JACKSONVILLE · Florida · Education