HAIGAZIAN UNIVERSITY INC

Address
BEIRUT
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.
 20152014201320122011
Basic features of the organization
Year of formation2000
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  
Grants and allocations made  $1,963,970.00  
Program revenue  $6,535,454.00  
Program description  PROVIDES HIGHER EDUCATION TO APPROXIMATELY 900 FULL TIME STUDENTS.  
Financial data
Revenue
Total revenue  $9,364,799.00  
Revenue from contributions (total)$2,120,838.00$2,646,553.00$2,739,789.00$2,455,117.00$1,056,124.00
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)$5,896,719.00$6,245,607.00$6,523,683.00$6,238,546.00$4,879,873.00
Gross receipts  $9,367,623.00  
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  
Income from dividends, interest, and similar investments  $92,380.00  
Net rental income$0.00$0.00$0.00$0.00$0.00
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$9,347,375.00$9,977,029.00$9,884,675.00$9,050,887.00$8,769,483.00
Total assets, beginning of year  $9,050,887.00  
Total liabilities$2,881,000.00$2,894,400.00$2,807,075.00$2,715,176.00$2,939,505.00
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 audited  True  
Relationships among key personnel  True  
Accrual accounting  True  
Tax year start date  2012-10-01  
Tax year end date2015-09-012014-09-012013-09-012012-09-012011-09-01
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  
Date e-filing submitted  2014-12-29  
IRS schema version  2012v2.1  
Filing identifier  201432269349301723  
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