EIN 59-1083502

Nova Southeastern University (NSU)

IRS 501(c) type
501(c)(3)
Num. employees
8,557
State
Year formed
1964
Most recent tax filings
2023-06-01
Description
The Mission of Nova Southeastern University, a private, not-for-profit institution, is to offer a diverse array of innovative academic programs that complement on-campus educational opportunities and resources with accessible distance learning programs.
Total revenues
$937,818,588
2023
Total expenses
$886,692,937
2023
Total assets
$1,990,847,965
2023
Num. employees
8,557
2023

Program areas at NSU

Instructional Services: Nova Southeastern University (NSU) offers undergraduate degrees, graduate and first professional degrees, and certificate programs to more than 20,000 full-time and part-time students in a wide range of fields, including the humanities, biological and environmental sciences, business, counseling, computer and information sciences, conflict resolution, education, family therapy, medicine, dentistry, various other health professions, law, marine science, performing and visual arts, psychology, and other social sciences. Courses are taught at 4 South Florida campuses; 8 regional campus locations, including Puerto Rico; and at sites in 3 states, as well as foreign countries. (continued on Schedule O)NSU has 15 colleges and schools: Abraham S. Fischler College of Education and School of Criminal Justice; College of Dental Medicine; College of Computing and Engineering; College of Optometry; Barry and Judy Silverman College of Pharmacy; College of Psychology; Dr. Kiran C. Patel College of Allopathic Medicine; Dr. Kiran C. Patel College of Osteopathic Medicine; Dr. Pallavi Patel College of Health Care Sciences; Farquhar Honors College; H. Wayne Huizenga College of Business and Entrepreneurship; Halmos College of Arts and Sciences and the Guy Harvey Oceanographic Research Center; Ron and Kathy Assaf College of Nursing; Shepard Broad College of Law; and the NSU University School. Expanding Undergraduates and Health Professions Programs:In fall 2022, NSU welcomed its largest undergraduate class with 1,978 first-time-in-college freshmen, an increase of 17 percent from its prior record of 1,689 in fall 2020. In line with NSU's strategic expansion of undergraduates, overall undergraduate enrollment has increased for the sixth year in a row, standing at 6,971 in fall 2022. The distinctive Dual Admission Program, offering prospective undergraduate students a reserved spot in selective graduate/professional programs, has continued to attract academically highly qualified students, supporting strategic goals for enhanced student quality, experience, and outcomes. Increased professional-level enrollment during fiscal 2023 was driven by strategic health professions expansion, with continued growth at the Tampa Bay Regional Campus. NSU's Dr. Kiran C. Patel College of Osteopathic Medicine (KPCOM) expanded its D.O. program to Tampa Bay beginning fall 2019. In fall 2022, KPCOM admitted its fourth class of 164 D.O. students in Tampa Bay, for a total Tampa Bay D.O. enrollment of 626. Beginning May 2022, the College of Dental Medicine expanded its D.M.D. program to the Tampa Bay Regional Campus. It admitted its second cohort in May 2023, for a total of 72 international dental students enrolled in Tampa Bay as of June 30, 2023. College Achievements: Two significant academic program recognitions occurred in fiscal 2023, each many years in the making. The H. Wayne Huizenga College of Business and Entrepreneurship received accreditation from AACSB International-The Association to Advance Collegiate Schools of Business (AACSB), the highest standard of achievement for business education. The Dr. Kiran C. Patel College of Allopathic Medicine (KPCAM) received full accreditation for its M.D. program from the Liaison Committee on Medical Education (LCME). NSU is one of only four universities in the United States to offer both a D.O. and M.D. program, and the first and only university in the state of Florida to grant both degrees. During fiscal 2023, NSU graduated 424 physicians (D.O. and M.D. graduates combined), helping to alleviate the local and national physician shortage.
Auxiliary Enterprises: Nova Southeastern University's NSU Health is a patient centric, integrated health care network built on a foundation of education, research, and the highest quality patient care.NSU Health has many outpatient facilities and provides care in medical, dental, optometry, pharmacy, and mental health services, including family therapy. There are also specialty services available, such as audiology, occupational therapy, physical therapy, and speech language pathology. In addition to the health care facilities on the Fort Lauderdale/Davie Campus, NSU Health provides services to the surrounding community.(continued on Schedule O)NSU has numerous residence halls on the main campus that serve its students. The residence halls are living/learning centers that provide an environment conducive to student success.The Don Taft University Center is a more than 325,000-square-foot facility featuring three NCAA competition courts, group fitness and instruction rooms, cardio and weight training areas, squash courts, a rock climbing wall, and the Flight Deck Pub. The Performing and Visual Arts Wing of the Don Taft University Center includes state-of-the-art classrooms and facilities that support the art, dance, music, and theatre majors of the Department of Communication, Media, and the Arts (DCMA) at the Halmos College of Arts and Sciences.
Academic Support: Programs include the NSU library system, computer services, museum of art operations, student education center operations and maintenance of facilities dedicated to instructional activities. The university library system is composed of the Alvin Sherman Library, Research, and Information Technology Center; the Health Professions Division Library; the Law Center Library; the Oceanography Library; and the NSU University School Media Center. The 325,000-square-foot Alvin Sherman Library, Research, and Information Technology Center is a joint-use facility with the Broward County Board of County Commissioners. The facility contains electronic classrooms, group-study rooms, a large collaborative study room, a cafe, and (continued on Schedule O)service desks with staff trained and ready to serve library users.Beginning May 2022, the College of Dental Medicine expanded its D.M.D. program to the Tampa Bay Regional Campus. Approximately 19,000 square feet of the campus was outfitted to house a student clinic, simulation lab, and supporting offices and classrooms. Construction on the state-of-the art clinic was completed during fiscal 2023, with the first patients welcomed in May.In fiscal 2023, NSU continued developing its multiphased plan for strategic capital investments anticipated to play a major role in further advancing NSU's health and medical education, research, and patient care on the main campus in Fort Lauderdale/Davie.Other significant ongoing projects included renovating facilities to provide new locker rooms, improved fields, and other athletic amenities, as well as renewal and expansion of the university's chiller plants on the main campus in Fort Lauderdale/Davie.
Nova Southeastern University goes beyond its primary mission by reaching out to the community with diverse service programs and community-based research. NSU is 1 of only 360 colleges and universities nationally selected for the Carnegie Foundation's Community Engagement Classification, and 1 of only 59 colleges and universities to hold both community engaged and high research activity designations. NSU delivers tangible benefits, including junior kindergarten through doctoral education, physical infrastructure, a professional workforce, employment opportunities, delivery of health care and law services in Broward and Miami-Dade counties, lifelong learning options, community-service initiatives, and public access to cultural and scholarly experiences. NSU continues to grow its academic and scientific research activities. More than 200 research projects are currently under way at NSU, including studies on cardiovascular disease, anticancer therapies, chronic fatigue syndrome, autism, coral reef restoration, stem cells, and wildlife DNA forensics, among other subjects. The Center for Collaborative Research (CCR) consists of 215,000 square feet of research and collaborative spaces. This project is registered with the U.S. Green Building Council (USGBC) and is the first NSU facility to achieve a LEED certification level of Gold. The facility houses core facilities including Genomics, Flow Cytometry, Cell Therapy and Imaging. The CCR brings multiple disciplines together, with students and NSU faculty members partnering with professionals and organizations outside of the NSU community-furthering cutting-edge research and developing technologies that will benefit the global community. During fiscal 2023, NSU researchers conducted ongoing studies addressing topics of national significance and attained various new, multiyear grant awards. For example, the Halmos College of Arts and Sciences was collectively awarded approximately $3.3 million from the Florida Department of Environmental Protection for various coral reef research and mitigation efforts promoting the restoration, resilience, and diversity of coral species impacted by disease. KPCAM was awarded $2.3 million to establish a research program for nanomedicine, novel drug discovery, and cancer research. The Barry and Judy Silverman College of Pharmacy was awarded $1.5 million from the National Institutes of Health to enhance research training for underrepresented undergraduate students and to foster successful completion of biomedical graduate programs. The College of Computing and Engineering was awarded $2.5 million to build research and education infrastructure in high-performance computing and develop a high-skilled cybersecurity workforce. Also of note and in line with NSU's core value of innovation, the Alan B. Levan | NSU Broward Center of Innovation was awarded nearly $4.0 million in grants from the United States Department of Education to build artificial intelligence and spatial computing infrastructure to broaden access and meet workforce demands in South Florida's emerging technology sector.

Grants made by NSU

GranteeGrant descriptionAmount
Central Florida Area Health Education CenterInstruction$1,404,766
Research Triangle Institute (RTI)Research$633,044
The Reef InstituteResearch$287,870
...and 19 more grants made totalling $3,531,052

Who funds Nova Southeastern University (NSU)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
University of Miami (UM)Research$1,411,920
Fidelity FoundationTechnology & Equipment$645,000
Royal Dames of Cancer ResearchSee SCH I, Part V$615,000
...and 106 more grants received totalling $8,278,427

Personnel at NSU

NameTitleCompensation
Frederick LippmanChancellor HPD / Interim Executive Vice President and Chief Operating Officer / Health Profess Div Chancellor$578,456
George L. Hanbury IIPresident and Chief Executive Officer$1,251,132
Ray FerreroUniversity Chancellor$402,733
Harry K MoonExecutive Vice President and Chief Operating Officer$523,628
Alyson SilvaVice President Finance and Chief Financial Officer$364,426
...and 7 more key personnel

Financials for NSU

RevenuesFYE 06/2023
Total grants, contributions, etc.$69,821,603
Program services$833,830,196
Investment income and dividends$17,073,719
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$130,710
Net gain from sale of non-inventory assets$9,401,592
Net income from fundraising events$-107,388
Net income from gaming activities$0
Net income from sales of inventory$1,332,405
Miscellaneous revenues$6,335,751
Total revenues$937,818,588

Form 990s for NSU

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-10990View PDF
2022-062023-05-11990View PDF
2021-062022-05-12990View PDF
2020-062021-05-20990View PDF
2019-062021-01-27990View PDF
...and 9 more Form 990s

Organizations like NSU

OrganizationLocationRevenue
Georgetown UniversityWashington, DC$1,922,844,840
Drexel UniversityPhiladelphia, PA$1,412,910,056
Dartmouth CollegeHanover, NH$1,603,346,438
Northeastern University (NU)Boston, MA$2,586,227,003
Lehigh UniversityBethlehem, PA$695,392,244
Baylor University (BU)Waco, TX$1,454,111,582
University of PittsburghPittsburgh, PA$3,139,570,956
Fordham UniversityBronx, NY$1,017,256,067
The Trustees of the Stevens Institute of Technology (SIT)Hoboken, NJ$505,884,074
Hofstra UniversityHempstead, NY$653,515,145
Data update history
October 23, 2024
Received grants
Identified 9 new grant, including a grant for $74,968 from R S Weil Charitable Foundation
October 4, 2024
Updated personnel
Identified 1 new personnel
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 31, 2024
Received grants
Identified 40 new grant, including a grant for $615,000 from Royal Dames of Cancer Research
July 11, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsSchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
3300 S University Dr
Fort Lauderdale, FL 33328
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Broward County, FL
Website URL
nova.edu/index.html 
Phone
(800) 541-6682
Facebook page
NovaSoutheastern 
Twitter profile
@novase 
IRS details
EIN
59-1083502
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1964
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0247383
FTB Entity ID
1145011
AB 488 data last updated ("as-of") date
2024-11-06
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