EIN 59-1083502

Nova Southeastern University (NSU)

IRS 501(c) type
501(c)(3)
Num. employees
8,219
State
Year formed
1964
Most recent tax filings
2022-06-01
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
$878,104,649
2022
Total expenses
$811,108,948
2022
Total assets
$1,951,921,009
2022
Num. employees
8,219
2022

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 6 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; 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 2021, NSU welcomed 1,672 first-time-in-college freshmen, near its record of 1,689 in fall 2020. For the fifth year in a row, NSU's overall undergraduate enrollment increased, growing 55 percent from fall 2016 to fall 2021. The distinctive Dual Admissions Program, offering prospective undergraduate students a reserved spot in selective graduate/professional programs, continues to attract academically highly qualified students, supporting strategic goals for enhanced student quality, experience, and outcomes. 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. In May 2022, the Dr. Kiran C. Patel College of Allopathic Medicine (KPCAM) celebrated the graduation of its first class of M.D. students, who were admitted in fall 2018. KPCAM's inaugural graduating class of 46 joined the 231 D.O. graduates in fiscal 2022 from NSU's Dr. Kiran C. Patel College of Osteopathic Medicine (KPCOM) in helping to alleviate the local and national physician shortage. Overall, fall 2021 enrollment in KPCAM and KPCOM (undergraduate, graduate, and professional programs) totaled 2,634, increasing a combined 14 percent from the prior year (fall 2020) and 52 percent over a three-year period (from fall 2018 to fall 2021). KPCOM's growth is largely attributable to its expansion at the Tampa Bay Regional Campus beginning fall 2019. During fiscal 2022 (fall 2021), the third class of 163 D.O. students was admitted to the program for a total Tampa Bay D.O. enrollment of 474. The College of Dental Medicine expanded its D.M.D. program to the Tampa Bay Regional Campus beginning May 2022, welcoming its first cohort of 38 international dental students. Approximately 19,000 square feet of the campus was outfitted to house a student clinic, simulation lab, and supporting offices and classrooms. Additionally, NSU expanded its Anesthesiology Assistant program at a new leased site in the Denver, Colorado area during fiscal 2022. In terms of significant academic program recognitions during fiscal 2022, the graduate mental health counseling program in the College of Psychology received its first-ever eight-year accreditation from the Council for Accreditation of Counseling and Related Educational Programs, a specialized accrediting body for graduate counseling programs in the United States. In the U.S. News & World Report 2022 college rankings, NSU stands at 213, in the National Universities list, climbing 33 spots over two years. Additionally, NSU ranked 59 in Top Performers on Social Mobility, compared to 165 two years ago. Also noteworthy, NSU tied for 21 on the Diversity Index among nationally ranked institutions.
Auxiliary Enterprises: In addition to clinical facilities on the Fort Lauderdale/Davie Campus, the university provides clinical services to the surrounding community through owned and leased off-campus facilities. The Health Professions Division has outpatient facilities that provide medical, dental, optometry, pharmacy, occupational therapy, and physical therapy services, as well as audiology and hearing and balance services. It also operates The Speech-Language Pathology Clinic, which provides testing and rehabilitation services to schools and individuals. The College of Psychology provides mental health services through the Psychology Services Center, while the Halmos College of Arts and Sciences provides family therapy services through the Brief Therapy Institute.(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 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.New Facilities Supporting Strategic Initiatives: In fiscal 2022, NSU developed a multiphased plan for strategic capital investments, beginning with a state-of-the-art, interprofessional simulation complex for which construction is scheduled to commence in fall 2022. With progressive tools and immersive techniques in healthcare, the 107,000 square-foot complex is anticipated to play a major role in further advancing NSU's health and medical education, research, and patient care. NSU opened the new Alan B. Levan | NSU Broward Center of Innovation (the Levan Center of Innovation) in fiscal 2022, showcasing NSU's core value of innovation with a focus on technology and entrepreneurship. A continuation of a long-standing public-private partnership with NSU and Broward County, the state-of-the-art, 54,000-square-foot center occupies the top floor of the Alvin Sherman Library, Research, and Information Technology Center and is one of the largest of its kind in the nation.
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 60 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. NSU advanced its research initiatives in fiscal 2022, with ongoing studies addressing topics of national significance, as well as various new, multi-year grant awards. Of note, the College of Dental Medicine received a $2.4 million award from the National Institutes of Health related to a specific study on periodontal disease. NSU received a $3.5 million award from Florida Department of Health to support provision of, and improved access to, health care services for uninsured veterans and their families. KPCOM received a $1 million award for a specific study related to Gulf War Illness, in support of improved therapies for affected individuals, in addition to a continuing $3.9 million award to provide tobacco cessation and training services in support of public health. The Halmos College of Arts and Sciences received a $1.2 million award focused on improved understanding of the physical oceanographic environment and wave behavior.

Grants made by NSU

GranteeGrant descriptionAmount
Central Florida Area Health Education CenterTeaching/training$1,087,978
Research Triangle Institute (RTI)Research$466,563
The Reef InstituteResearch$237,976
...and 23 more grants made totalling $3,002,315

Who funds Nova Southeastern University (NSU)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Heart Association (AHA)Research$3,232,367
University of Miami (UM)Research$1,115,509
Royal Dames of Cancer ResearchSee SCH I, Part V$600,000
...and 123 more grants received totalling $9,662,419
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$574,554,263
Department of EducationFEDERAL PELL GRANT PROGRAM$13,881,956
Department of EducationEDUCATION STABILIZATION FUND$10,697,093
...and 101 more federal grants / contracts

Personnel at NSU

NameTitleCompensation
Frederick LippmanChancellor HPD$553,103
George L Hanbury IiphdPresident and Chief Executive Officer
Ray FerreroUniversity Chancellor$395,005
Harry K MoonExecutive Vice President and Chief Operating Officer$497,266
Alyson SilvaVice President Finance and Chief Financial Officer$344,516
...and 6 more key personnel

Financials for NSU

RevenuesFYE 06/2022
Total grants, contributions, etc.$74,738,833
Program services$775,737,713
Investment income and dividends$15,695,999
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$18,089
Net gain from sale of non-inventory assets$5,002,063
Net income from fundraising events$22,317
Net income from gaming activities$0
Net income from sales of inventory$1,120,610
Miscellaneous revenues$5,769,025
Total revenues$878,104,649

Form 990s for NSU

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-11990View PDF
2020-062021-05-20990View PDF
2019-062021-01-27990View PDF
2018-062019-06-19990View PDF
2017-062018-11-15990View PDF
...and 7 more Form 990s

Organizations like NSU

OrganizationLocationRevenue
Baylor University (BU)Waco, TX$1,400,477,758
Rice UniversityHouston, TX$1,372,497,739
Drexel UniversityPhiladelphia, PA$1,352,478,393
Hofstra UniversityHempstead, NY$606,887,297
Northeastern University (NU)Boston, MA$2,393,370,957
Dartmouth CollegeHanover, NH$1,952,191,796
Brown UniversityProvidence, RI$1,790,921,493
Pepperdine UniversityMalibu, CA$719,080,959
Liberty UniversityLynchburg, VA$1,594,106,664
Boston CollegeChestnut Hill, MA$1,638,236,627
Data update history
July 13, 2023
Used new vendors
Identified 7 new vendors, including , , , , , , and
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 6, 2023
Used new vendors
Identified 11 new vendors, including , , , , , , , , , , and
June 30, 2023
Updated personnel
Identified 2 new personnel
May 16, 2023
Updated personnel
Identified 7 new personnel
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
3301 College Ave
Fort Lauderdale, FL 33314
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
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