HAIGAZIAN UNIVERSITY INC

Address
BEIRUT 11072090
LEBANON, FO 00000-0000
LE
Contact
Website: http://haigazian.edu.lb
Phone: +1 (961) 134-9230
Nonprofit
NTEE: B43 - University or Technological Institute
EIN: 98-0233371

Mission

HAIGAZIAN UNIVERSITY IS A LIBERAL ARTS INSTITUTION OF HIGHER LEARNING WHICH OPERATES ON THE AMERICAN MODEL OF HIGHER EDUCATION USING ENGLISH AS THE LANGUAGE OF INSTRUCTION. ITS PURPOSE IS TO PROVIDE QUALITY EDUCATION IN A CHRISTIAN ENVIRONMENT WHERE ACADEMIC FREEDOM AND THE SEARCH AND DISSEMINATION OF TRUTH ARE PREDOMINANT. IT SEEKS TO PREPARE STUDENTS BOTH FOR LEADERSHIP POSITIONS AND AS PROFESSIONALS TO SERVE IN THE ARMENIAN AND NON-ARMENIAN LEBANESE COMMUNITIES. THE ETHNIC AND GEOGRAPHIC IDENTITY OF THE UNIVERSTITY DEMANDS THE PRESERVATION AND PROMOTION OF ITS ARMENIAN AND MIDDLE EASTERN HERITAGE WITHIN THE GLOBAL CONTEXT. HAIGAZIAN UNIVERSITY IS AN INSTRUMENTALITY OF THE WITNESS OF THE ARMENIAN EVANGELICAL CHURCH. HAIGAZIAN UNIVERSITY IS CO-EDUCATIONAL AND OPEN TO ACADEMICALLY QUALIFIED STUDENTS REGARDLESS OF RACE, NATIONALITY OR CREED.
 20162015201420132012
Basic features of the organization
Year of formation2000
Subsection code03
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation   $83,226.00 
Number of employees   0 
Number of people compensated >$100k   0 
Number of volunteers   24 
Personnel
Aharonian, H
Title   TRUSTEE 
Name of key/compensated person   DR H STEVEN AHARONIAN MD 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Boujikanian, Anie
Title   TRUSTEE 
Name of key/compensated person   MS ANIE BOUJIKANIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Buchakjian, Serge
Title   TRUSTEE 
Name of key/compensated person   MR SERGE BUCHAKJIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Darakjian, Ani
Title   TRUSTEE 
Name of key/compensated person   DR ANI DARAKJIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Ekmekji, Nabil
Title   TRUSTEE 
Name of key/compensated person   MR NABIL EKMEKJI 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Filian, Levon
Title   TRUSTEE 
Name of key/compensated person   MR LEVON FILIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Haidostian, Paul
Title   PRESIDENT 
Name of key/compensated person   REV DR PAUL HAIDOSTIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   40.00 
Reportable compensation from org   $83,226.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Karagoezian, Megerdich
Title   TRUSTEE 
Name of key/compensated person   REV MEGERDICH KARAGOEZIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Kassarjian, J
Title   TRUSTEE 
Name of key/compensated person   PROF J BARKEV M KASSARJIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Kurkjian, Louis
Title   TRUSTEE 
Name of key/compensated person   MR LOUIS KURKJIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Kurkjian, Robert
Title   TRUSTEE 
Name of key/compensated person   MR ROBERT KURKJIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Marganian, Hrag
Title   TRUSTEE 
Name of key/compensated person   DR HRAG MARGANIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Momjian, Albert
Title   TRUSTEE 
Name of key/compensated person   ALBERT MOMJIAN ESQ 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Mouradian, Herair
Title   TRUSTEE 
Name of key/compensated person   MR HERAIR MOURADIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Nadjarian, Harry
Title   TRUSTEE 
Name of key/compensated person   MR HARRY H NADJARIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Nalbandian, Vahe
Title   TRUSTEE 
Name of key/compensated person   DR VAHE NALBANDIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Nercessian, Maro
Title   TRUSTEE 
Name of key/compensated person   MRS MARO NERCESSIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Nicolian, Haroutune
Title   TRUSTEE 
Name of key/compensated person   DR HAROUTUNE NICOLIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Phillips, Gary
Title   TRUSTEE 
Name of key/compensated person   MR GARY PHILLIPS ESQ 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Sagherian, John
Title   TRUSTEE 
Name of key/compensated person   MR JOHN SAGHERIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Sarkis, Hratch
Title   TRUSTEE 
Name of key/compensated person   MR HRATCH SARKIS 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Sarkissian, Robert
Title   TRUSTEE 
Name of key/compensated person   REV ROBERT SARKISSIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Segel, Christina
Title   TRUSTEE 
Name of key/compensated person   MRS CHRISTINA SEGEL 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Stein, Joyce
Title   TRUSTEE 
Name of key/compensated person   MRS JOYCE STEIN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Zeronian, Joseph
Title   TRUSTEE 
Name of key/compensated person   DR JOSEPH ZERONIAN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activities   HAIGAZIAN UNIVERSITY PROVIDES EDUCATION OF THE HIGHEST QUALITY IN A CHRISTIAN ENVIRONMENT. 
Program service expenses, total   $4,312,765.00 
Programs, including revenue & expenses
PROVIDES HIGHER EDUCATION TO APPROXIMATELY 900 FULL TIME STUDENTS.
Program expenses   $4,312,765.00 
Program revenue   $6,535,454.00 
Grants and allocations made   $1,963,970.00 
Program description   PROVIDES HIGHER EDUCATION TO APPROXIMATELY 900 FULL TIME STUDENTS. 
Financial data
Revenue
Total revenue$6,442,152.00  $9,364,799.00 
Revenue from contributions (total)   $2,739,789.00 
Investment income, current yr   $89,556.00 
Total revenue from grants, etc., current yr   $2,739,789.00 
Total unrelated business revenue   $0.00 
Other revenue, current yr   $11,771.00 
Net unrelated business taxable revenue   $0.00 
Program service revenue (total)   $6,523,683.00 
Sources of contributions
Contributions from related organizations   $328,258.00 
Revenue from gov't grants   $1,508,078.00 
Revenue from all other contributions   $903,453.00 
Other types of revenue
Miscellaneous revenue (total)   $11,771.00 
Investment income   $92,380.00 
Expense categories (totals)
Total functional expenses: sum of all   $8,674,814.00 
Total functional expenses: program service    $4,312,765.00 
Total functional expenses: management and general   $4,362,049.00 
Total functional expenses: fundraising   $0.00 
Fees for services
Fundraising service fees (total)   $0.00 
Assets and liabilities
Total assets$8,347,194.00  $9,884,675.00 
Total assets, beginning of year   $9,050,887.00 
Total liabilities   $2,807,075.00 
Total liabilities, beginning of year   $2,715,176.00 
Unrestricted net assets, end of yr   $5,714,719.00 
Temporarily restricted net assets   $158,153.00 
Permanently restricted net assets, end of yr   $1,204,728.00 
Net assets   $7,077,600.00 
Net assets, beginning of year   $6,335,711.00 
Other liabilities   $407,146.00 
Other assets   $1,019,799.00 
Cash: non-interest bearing   $36,626.00 
Escrow or custodial account liability   $1,325,357.00 
Inventories for sale or use   $5,849.00 
Other financial variables
Revenue less expenses   $689,985.00 
Advertising (total)   $70,804.00 
Savings & temp cash investment   $1,519,708.00 
Accounts receivable, net   $459,069.00 
Prepaid expenses & deferred charges   $195,174.00 
Accounts payable & accrued expenses   $596,163.00 
Deferred revenue   $92,583.00 
Secured mortgages and notes payable   $385,826.00 
Total net assets or fund balances   $7,077,600.00 
Depreciation, depletion, amortization   $420,029.00 
Governance and accountability
Number of voting members   25 
Number of independent voting members   24 
Financial sheets were audited   True 
Relationships among key personnel   True 
Accrual accounting   True 
Tax year start date   2012-10-01 
Tax year end date2016-09-012015-09-012014-09-012013-09-012012-09-01
Indicators for schedules (selected)
Org has controlled entity   True 
Org transacted with controlled entity   True 
Metadata about the filing
E-return type: 990, 990EZ, or 990PF   990 
IRS schema version   2012v2.1 
Filing identifier   201432269349301723 
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