MOUNT SAINT MARY COLLEGE: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MOUNT SAINT MARY COLLEGE (EIN 14-1468399)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-14
- IRS object ID
- 202421359349304322
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T10:42:19+00:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 231 S Bemiston Ave Suite 800 | AddressLine1Txt |
| City | Clayton | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 63105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141468399 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mount Saint Mary College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MOUN | BusinessNameControlTxt |
| Phone | 8455610800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 Powell Avenue | AddressLine1Txt |
| City | Newburgh | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 125503412 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Arthur Glass II | PersonNm |
| Person Title | VP Finance & Administration | PersonTitleTxt |
| Signature | 2024-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Arthur | PersonFirstNm |
| Person Last | Glass II | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Steve Lenivy | PreparerPersonNm |
| PTIN | P01635350 | PTIN |
| Phone | 3148022000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jason N Adsit | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 Powell Avenue | AddressLine1Txt |
| City | Newburgh | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 125503412 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $114,559,473 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.msmc.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1960 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | The College is an independent, coeducational institution committed to providing students with a liberal arts education to prepare them for lives of leadership and service. Through a variety of majors and professional programs, students are also prepared for career entry or graduate and professional studies. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 863 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,359,206 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,684,917 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $64,831,316 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $62,801,579 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,347,447 | PYInvestmentIncomeAmt |
| CY Investment Income | -$1,136,656 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,427 | PYOtherRevenueAmt |
| CY Other Revenue | $16,476,381 | CYOtherRevenueAmt |
| PY Total Revenue | $69,539,396 | PYTotalRevenueAmt |
| CY Total Revenue | $80,826,221 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $22,281,527 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $22,363,360 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $27,461,391 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $29,239,974 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $940,687 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $25,806,016 | PYOtherExpensesAmt |
| CY Other Expenses | $29,200,146 | CYOtherExpensesAmt |
| PY Total Expenses | $75,548,934 | PYTotalExpensesAmt |
| CY Total Expenses | $80,803,480 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$6,009,538 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $22,741 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $192,615,143 | TotalAssetsBOYAmt |
| Total Assets EOY | $181,995,919 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $53,983,274 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $50,750,852 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $138,631,869 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $131,245,067 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | As reflected in its motto "Doce Me Veritatem" (Teach me the Truth), Mount Saint Mary College is an independent, coeducational institution committed to providing students with a liberal arts education to prepare them for lives of leadership and service. Through a variety of majors and professional programs, students are also prepared for career entry or graduate and professional studies. Consistent with Judeo-Christian values and the Dominican tradition of education that values the inherent worth of the individual, the mission of Mount Saint Mary College is to create an environment which fosters close student-faculty interaction that enables students to reach their full potential as lifelong learners. Mount Saint Mary College strives to provide a stimulating environment that promotes the intellectual and personal growth of undergraduate, graduate and continuing education students. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $53,724,156 | ExpenseAmt |
| Grant | $22,363,360 | GrantAmt |
| Revenue | $52,189,732 | RevenueAmt |
| Desc | MOUNT SAINT MARY COLLEGE, A HIGHER EDUCATION INSTITUTION, PROVIDES UNDERGRADUATE AND GRADUATE EDUCATION FOR APPROXIMATELY 2,282 FULL AND PART TIME STUDENTS, REPRESENTING OVER 18 STATES AND 27 COUNTRIES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $14,235,378 | ExpenseAmt |
| Revenue | $8,343,912 | RevenueAmt |
| Desc | ROOM AND BOARD: THE COLLEGE SEEKS TO OFFER OUR STUDENTS INCLUSIVE COMMUNITIES, SOCIAL, AND EDUCATIONAL OPPORTUNITIES, AND SAFE AND WELL-MAINTAINED RESIDENCE FACILITIES. ALL OF OUR RESIDENCE HALLS ARE NEWLY BUILT OR RECENTLY RENOVATED. APPROXIMATELY 516 STUDENTS CALL OUR RESIDENCE HALLS HOME. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,493,175 | ExpenseAmt |
| Revenue | $1,669,192 | RevenueAmt |
| Desc | BISHOP DUNN MEMORIAL SCHOOL - ELEMENTARY SCHOOL OPERATIONS, AN ADJUNCT FACILITY ON THE MOUNT SAINT MARY COLLEGE CAMPUS, WHERE THE MOUNT'S EDUCATION STUDENTS ASSIST AND OBSERVE IN TEACHING, AND MAY COMPLETE FIELD WORK. THIS ON-CAMPUS SCHOOL IS A COMBINED ELEMENTARY SCHOOL AND MIDDLE SCHOOL FOR PRE-K THROUGH GRADE 8 PUPILS. IT OFFERS A VARIETY OF PROGRAMS, INCLUDING ENRICHMENT FOR HONORS PUPILS, SPECIAL EDUCATION, VIRTUAL FIELD TRIPS AND OTHER CREATIVE USES OF TECHNOLOGY. INDIVIDUALLY GIFTED PROGRAMS, ON BOTH PRIMARY AND MIDDLE LEVELS, ARE CONDUCTED HERE, AS WELL AS CLASSES FOR CHILDREN WITH LEARNING DISABILITIES. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenue | $605,385 | RevenueAmt |
| Desc | OTHER SOURCES OF INCOME SUCH AS COMMUNITY EDUCATION, SUMMER CAMPS, AND INDIRECT COST RECOVERY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Revenue | $605,385 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $70,452,709 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 2517 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 863 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Arthur Glass II | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8455693210 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 Powell Avenue | AddressLine1Txt |
| City | Newburgh | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 125503412 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Michael Horodyski | |||||||
| Chair | 15.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Philip DeAngelo | |||||||
| Vice Chair | 10.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Anne Marie Murray PhD | |||||||
| Board Member | 6.0 | Yes (X) | $0 | $0 | $0 | ||
| Anthony Liotti | |||||||
| Board Member | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Beth Jennings | |||||||
| Board Member (as of Sept 2022) | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Christina Bart Bilsky | |||||||
| Board Member (as of June 2023) | 3.5 | Yes (X) | $0 | $0 | $0 | ||
| Christofer Guarino | |||||||
| Board Member | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Jake Kosack | |||||||
| Board Member | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Jeremy Smith | |||||||
| Board Member | 3.0 | Yes (X) | $0 | $0 | $0 | ||
| Kekuut J Hoomkwap | |||||||
| Board Member | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Liam O'Brien Esq | |||||||
| Board Member | 5.0 | Yes (X) | $0 | $0 | $0 | ||
| Michael Catania Esq | |||||||
| Board Member | 5.0 | Yes (X) | $0 | $0 | $0 | ||
| Sister Constance Kelly OP '95 | |||||||
| Board Member | 1.5 | Yes (X) | $0 | $0 | $0 | ||
| Sister Constance Koch OP '71 | |||||||
| Board Member | 3.0 | Yes (X) | $0 | $0 | $0 | ||
| Sister Maureen Sullivan | |||||||
| Board Member | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Sister Patricia Magee OP 88 | |||||||
| Board Member | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Sr Catherine McDonnell OP | |||||||
| Board Member | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Stephen McCarthy | |||||||
| Board Member | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Valerie Bryant | |||||||
| Board Member (as of Sept 2022) | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| William Fioravanti | |||||||
| Board Member (as of Sept 2022) | 5.0 | Yes (X) | $0 | $0 | $0 | ||
| Arthur D Glass MBA CPA | |||||||
| Vice President for Finance & Administration | 35.0 | Yes (X) | $247,425 | $0 | $6,114 | ||
| Dr Jason N Adsit PhD | |||||||
| President | 35.0 | Yes (X) | $319,228 | $0 | $74,890 | ||
| George Abaunza PhD | |||||||
| Vice President for Academic Affairs | 35.0 | Yes (X) | $182,305 | $0 | $28,839 | ||
| Christine Berte | |||||||
| Dean of the School of Nursing | 35.0 | $153,943 | $0 | $1,942 | Yes (X) | ||
| Elaine A O'Grady MBA | |||||||
| Vice President for Students | 35.0 | $199,483 | $0 | $5,166 | Yes (X) | ||
| Moira T Tolan | |||||||
| Faculty | 35.0 | $132,812 | $0 | $3,947 | Yes (X) | ||
| Nidhi Khurana-Baugh | |||||||
| Vice President Advancement | 35.0 | $157,441 | $0 | $36,451 | Yes (X) | ||
| Tiffany Gagliano | |||||||
| Dean of the School of Business | 35.0 | $164,737 | $0 | $2,207 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,557,374 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $159,556 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 29 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| MID HUDSON CONSTRUCTION MANAGEMENT INC | ||||||
| 85 CIVIC CENTER PLAZA | SUITE 104 | POUGHKEEPSIE | NY | 12601 | CONSTRUCTION | $4,560,055 |
| PARKHURST DINING SERVICES | ||||||
| PO BOX 644091 | PISSBURGH | NY | 152644091 | FOOD SERVICES | $3,837,694 | |
| JENZABAR INC | ||||||
| PO BOX 55018 | BOSTON | MA | 022055018 | TECHNOLOGY SERVICES | $925,425 | |
| JENSPARK INC | ||||||
| PO BOX 845764 | BOSTON | MA | 022845764 | MARKETING/ADMISSIONS | $645,605 | |
| HAYDEN BUILDING MAINTENANCE CORPORATION | ||||||
| 169 WESTERN HIGHWAY | WEST NYACK | NY | 10994 | CONSTRUCTION | $503,832 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 29 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $182,740 | FundraisingAmt |
| Government Grants | $951,690 | GovernmentGrantsAmt |
| All Other Contributions | $1,550,487 | AllOtherContributionsAmt |
| Noncash Contributions | $8,195 | NoncashContributionsAmt |
| Total Contributions | $2,684,917 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and Fee Income | 611310 | $52,189,732 | $52,189,732 |
| Dormitories, Food, Service, Campus Store | 611310 | $8,343,912 | $8,343,912 |
| Elementary School - Pre K to Grade 8 | 611310 | $1,669,192 | $1,669,192 |
| Food Services Revenue | 611310 | $355,302 | $355,302 |
| Other Program Service Revenue | 611310 | $243,441 | $243,441 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $62,801,579 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,070,439 | TotalRevenueColumnAmt |
| Exclusion | $1,070,439 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $10,700 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $25,183 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$14,483 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$14,483 | TotalRevenueColumnAmt |
| Exclusion | -$14,483 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $31,205,263 | SecuritiesAmt |
| Other | $218,254 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $33,412,358 | SecuritiesAmt |
| Other | $218,254 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$2,207,095 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,207,095 | TotalRevenueColumnAmt |
| Exclusion | -$2,207,095 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $61,679 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $182,740 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $77,457 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$15,778 | TotalRevenueColumnAmt |
| Exclusion | -$15,778 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| SUMMER AND SPORTS CAMPS | 611310 | $6,642 | $6,642 | |
| INVESTMENT SPENDING DESIGNATED FOR CURRENT OPERATIONS | 611130 | $16,500,000 | $16,500,000 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $16,506,642 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $80,826,221 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $62,808,221 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,333,083 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,363,360 | TotalAmt |
| Program Services | $22,363,360 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $765,326 | TotalAmt |
| Management And General | $765,326 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,530,289 | TotalAmt |
| Program Services | $18,984,406 | ProgramServicesAmt |
| Management And General | $3,090,754 | ManagementAndGeneralAmt |
| Fundraising | $455,129 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $725,536 | TotalAmt |
| Program Services | $592,267 | ProgramServicesAmt |
| Management And General | $119,200 | ManagementAndGeneralAmt |
| Fundraising | $14,069 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,296,420 | TotalAmt |
| Program Services | $2,690,923 | ProgramServicesAmt |
| Management And General | $541,575 | ManagementAndGeneralAmt |
| Fundraising | $63,922 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,922,403 | TotalAmt |
| Program Services | $1,569,290 | ProgramServicesAmt |
| Management And General | $315,835 | ManagementAndGeneralAmt |
| Fundraising | $37,278 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,111 | TotalAmt |
| Management And General | $50,111 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $142,081 | TotalAmt |
| Management And General | $142,081 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,233 | TotalAmt |
| Management And General | $193,233 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,917,204 | TotalAmt |
| Program Services | $5,092,763 | ProgramServicesAmt |
| Management And General | $652,941 | ManagementAndGeneralAmt |
| Fundraising | $171,500 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $735,590 | TotalAmt |
| Program Services | $444,864 | ProgramServicesAmt |
| Management And General | $236,231 | ManagementAndGeneralAmt |
| Fundraising | $54,495 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,013,701 | TotalAmt |
| Program Services | $713,457 | ProgramServicesAmt |
| Management And General | $287,571 | ManagementAndGeneralAmt |
| Fundraising | $12,673 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,276,134 | TotalAmt |
| Program Services | $476,049 | ProgramServicesAmt |
| Management And General | $800,085 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,187,894 | TotalAmt |
| Program Services | $2,042,834 | ProgramServicesAmt |
| Management And General | $145,060 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $463,547 | TotalAmt |
| Program Services | $297,761 | ProgramServicesAmt |
| Management And General | $109,923 | ManagementAndGeneralAmt |
| Fundraising | $55,863 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,572 | TotalAmt |
| Program Services | $78,786 | ProgramServicesAmt |
| Management And General | $22,701 | ManagementAndGeneralAmt |
| Fundraising | $4,085 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,821,089 | TotalAmt |
| Program Services | $1,760,770 | ProgramServicesAmt |
| Management And General | $60,319 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,871,850 | TotalAmt |
| Program Services | $7,518,707 | ProgramServicesAmt |
| Management And General | $353,143 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $586,888 | TotalAmt |
| Program Services | $351,942 | ProgramServicesAmt |
| Management And General | $234,946 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Elementary School | $2,493,175 | $2,493,175 | |
| Maintenance & Repairs | $792,839 | $723,261 | $69,578 |
| Equipment Rental Expense | $550,239 | $191,643 | $358,596 |
| Bad Debt Expense | $514,192 | $514,192 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,484,807 | TotalAmt |
| Program Services | $2,066,451 | ProgramServicesAmt |
| Management And General | $346,683 | ManagementAndGeneralAmt |
| Fundraising | $71,673 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,803,480 | TotalAmt |
| Program Services | $70,452,709 | ProgramServicesAmt |
| Management And General | $9,410,084 | ManagementAndGeneralAmt |
| Fundraising | $940,687 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,624,990 | BOYAmt |
| EOY | $21,886,928 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,873,694 | BOYAmt |
| EOY | $3,742,080 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,102,043 | BOYAmt |
| EOY | $3,967,949 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $755,906 | BOYAmt |
| EOY | $2,693,513 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $208,498,771 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $107,423,348 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $101,731,204 | BOYAmt |
| EOY | $101,075,423 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,152,617 | BOYAmt |
| EOY | $17,311,496 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,219,608 | BOYAmt |
| EOY | $27,753,220 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $256,429 | BOYAmt |
| EOY | $303,973 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,898,652 | BOYAmt |
| EOY | $3,261,337 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $192,615,143 | BOYAmt |
| EOY | $181,995,919 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,995,813 | BOYAmt |
| EOY | $2,950,663 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $387,150 | BOYAmt |
| EOY | $432,584 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,132,299 | BOYAmt |
| EOY | $46,561,839 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,468,012 | BOYAmt |
| EOY | $805,766 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,983,274 | BOYAmt |
| EOY | $50,750,852 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $121,510,293 | BOYAmt |
| EOY | $114,365,175 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,121,576 | BOYAmt |
| EOY | $16,879,892 | EOYAmt |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,631,869 | BOYAmt |
| EOY | $131,245,067 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $192,615,143 | BOYAmt |
| EOY | $181,995,919 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $22,741 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $9,090,457 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$16,500,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,609,756 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,936,263 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,231,987 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,359,206 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,684,917 | CurrentTaxYearAmt |
| Total | $23,822,129 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,609,756 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,936,263 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,231,987 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,359,206 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,684,917 | CurrentTaxYearAmt |
| Total | $23,822,129 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $23,822,129 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,572,691 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,323,322 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $857,658 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,517,801 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,081,139 | CurrentTaxYearAmt |
| Total | $6,352,611 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $898,229 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,680 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $44,127 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $47,829 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $61,679 | CurrentTaxYearAmt |
| Total | $1,076,544 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $31,251,284 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $363,728,525 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.7623 | PublicSupportCY170Pct |
| Public Support PY170 | 0.7751 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - GROSS INCOME FROM FUNDRAISING, COLUMN A - 67669.0, COLUMN B - 24680.0, COLUMN C - 44127.0, COLUMN D - 47829.0, COLUMN E - 61679.0, COLUMN F - 245984.0; DESCRIPTION - GROSS INCOME FROM GAMING, COLUMN A - 1660.0, COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - , COLUMN F - 1660.0; DESCRIPTION - CLASS ACTION SETTLEMENT, COLUMN A - 828900.0, COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - , COLUMN F - 828900.0; | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,278,607 | BeginningYearBalanceAmt |
| Contributions | $1,411,900 | ContributionsAmt |
| Investment Earnings Or Losses | -$222,122 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $737,738 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $9,730,647 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,284,817 | BeginningYearBalanceAmt |
| Contributions | $1,220,614 | ContributionsAmt |
| Investment Earnings Or Losses | $143,126 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $369,950 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $9,278,607 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,562,111 | BeginningYearBalanceAmt |
| Contributions | $1,266,707 | ContributionsAmt |
| Investment Earnings Or Losses | $681,285 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $225,286 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $8,284,817 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,997,757 | BeginningYearBalanceAmt |
| Contributions | $437,965 | ContributionsAmt |
| Investment Earnings Or Losses | $418,311 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $291,922 | GrantsOrScholarshipsAmt |
| End Year Balance | $6,562,111 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,700,646 | BeginningYearBalanceAmt |
| Contributions | $441,942 | ContributionsAmt |
| Investment Earnings Or Losses | $149,274 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $294,105 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $5,997,757 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.0 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.718 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.282 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $749,591 | OtherCostOrOtherBasisAmt |
| Book Value | $749,591 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $184,867,205 | OtherCostOrOtherBasisAmt |
| Depreciation | $90,355,617 | DepreciationAmt |
| Book Value | $94,511,588 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,629,689 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,976,228 | DepreciationAmt |
| Book Value | $3,653,461 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,252,286 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,091,503 | DepreciationAmt |
| Book Value | $2,160,783 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $101,075,423 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Limited Partnerships | $4,503,019 | F |
| Hedge Funds | $19,918,678 | F |
| Funds of Funds | $3,331,523 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $27,753,220 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Derivative Liability | $0 |
| Government Grants Refundable | $119,366 |
| Conditional asset retirement obligation | |
| Capital Lease Obligation | |
| Service Contract Liabilty | $686,400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $805,766 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $67,655,958 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $9,090,457 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $9,090,457 | RevenueNotReportedAmt |
| Revenue Subtotal | $58,565,501 | RevenueSubtotalAmt |
| Other Revenues Not Included | $22,260,720 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $22,260,720 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $80,826,221 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $58,542,760 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $102,640 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $102,640 | ExpensesNotReportedAmt |
| Expenses Subtotal | $58,440,120 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $22,363,360 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $22,363,360 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $80,803,480 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 4 Intended uses of endowment funds | The portion of the permanent endowment funds that is required to be retained by explicit donor restriction is as follows for FISCAL YEAR 2023: - restricted for scholarship support $4,705,913 - restricted for institutional support $2,281,431 |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The College is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. U.S. GAAP prescribes recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Tax benefits will be recognized only if the tax position is considered more-likely-than-not to be sustained in a tax examination, with a tax examination being presumed to occur. For tax positions not meeting the more-likely-than-not test, no tax benefit will be recorded. Management believes the College does not have any tax benefits or liabilities to be recognized at June 30, 2023 and 2022. The College would recognize interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The College has not incurred any interest or penalties for the years ended June 30, 2023 and 2022. |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | INSTITUTIONAL AID - 22363360 RENTAL EXPENSE - -25183 FUNDRAISING EXPENSE - -77457 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | RENTAL EXPENSE - 25183 FUNDRAISING EXPENSE - 77457 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | INSTITUTIONAL AID - 22363360 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | The college publishes an annual notice of its non discriminatory policy in a local newspaper during the academic year and online in several locations on the College's publicly accessible internet page (links can be found below to these locations). The notice complies with IRS Guidelines. 1. TITLE IX AND DIVERSITY WEBPAGE: HTTPS://WWW.MSMC.EDU/TITLE-IX/ 2. SEXUAL MISCONDUCT AND GRIEVANCE POLICY: https://msmc.s3.amazonaws.com/files/resources/sexual-misconduct-title-ix-grievance-policy-ay-23-2.pdf 3. STUDENT HANDBOOK: https://msmc.s3.amazonaws.com/files/resources/msmc-studenthandbook-spring20-final-final.pdf |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | The college receives federal Pell, Workstudy, SEOG, NYS TAP, ETA and other state scholarship funds. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investments | $4,503,019 | |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | $59,356 | STUDY ABROAD PROGRAM |
| East Asia and the Pacific | 0 | 0 | Program Services | $4,190 | STUDY ABROAD PROGRAM |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $4,566,565 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $4,566,565 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | FormAndLineReferenceDesc |
| Explanation | CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF | Event1Nm |
| Gross Receipts Event1 | $136,169 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $87,240 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $48,929 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $719 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $31,621 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $10,856 | OtherDirectExpensesEvent1Amt |
| Event2 | GALA | Event2Nm |
| Gross Receipts Event2 | $108,250 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $95,500 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $12,750 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $34,261 | OtherDirectExpensesEvent2Amt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $244,419 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $182,740 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $61,679 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $719 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $31,621 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $45,117 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $77,457 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$15,778 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 1242 | RecipientCnt |
| Cash Grant | $22,363,360 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | The organization has controls in place to ensure that scholarship aid provided to students is used for authorized purposes. Additional detail is available upon request. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr Jason N Adsit PhD | ||||||||||||||
| President | $318,400 | $0 | $0 | $0 | $828 | $0 | $5,317 | $0 | $69,573 | $0 | $394,118 | $0 | $0 | $0 |
| Arthur D Glass MBA CPA | ||||||||||||||
| Vice President for Finance & Administration | $242,853 | $0 | $0 | $0 | $4,572 | $0 | $5,027 | $0 | $1,087 | $0 | $253,539 | $0 | $0 | $0 |
| George Abaunza PhD | ||||||||||||||
| Vice President for Academic Affairs | $180,783 | $0 | $0 | $0 | $1,522 | $0 | $4,148 | $0 | $24,691 | $0 | $211,144 | $0 | $0 | $0 |
| Elaine A O'Grady MBA | ||||||||||||||
| Vice President for Students | $197,987 | $0 | $0 | $0 | $1,496 | $0 | $3,619 | $0 | $1,547 | $0 | $204,649 | $0 | $0 | $0 |
| Nidhi Khurana-Baugh | ||||||||||||||
| Vice President Advancement | $156,952 | $0 | $0 | $0 | $489 | $0 | $3,508 | $0 | $32,943 | $0 | $193,892 | $0 | $0 | $0 |
| Tiffany Gagliano | ||||||||||||||
| Dean of the School of Business | $164,267 | $0 | $0 | $0 | $470 | $0 | $710 | $0 | $1,497 | $0 | $166,944 | $0 | $0 | $0 |
| Christine Berte | ||||||||||||||
| Dean of the School of Nursing | $151,009 | $0 | $0 | $0 | $2,934 | $0 | $1,572 | $0 | $370 | $0 | $155,885 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | College provides housing for the President as part of his employment contract. Pursuant to IRC Sec. 119, Housing provided to the President is nontaxable. |
| Schedule J, Part I, Line 1a Health or social club dues or initiation fees | The College provides the President with a club membership as part of his employment contract. The club membership is used solely for business purposes and as such is nontaxable. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| Orange County Funding Corporation | ||||||||
| A | 273179651 | 000000000 | 2012-12-21 | $25,465,000 | refunding of 2005 bond issue | false | false | false |
| Orange County Funding Corporation | ||||||||
| B | 273179651 | 684594AT1 | 2012-12-21 | $40,087,992 | renovation of Dominican Center and refund 2003 bond issue | false | false | false |
| Public Finance Authority | ||||||||
| C | 273866124 | 000000000 | 2017-10-17 | $3,926,000 | Equipment- Energy Efficient Improvement | false | false | false |
| Orange County Funding Corporation | ||||||||
| D | 273179651 | 684594BV5 | 2022-09-29 | $17,428,408 | refunding of Series 2012C and funding termination of Series 2012C swap | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $25,465,000 | $0 | $25,465,000 | $0 | $0 | $0 | $321,542 | $0 | $0 | $1,540,528 | $23,602,930 | $0 | 2013 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $11,290,000 | $0 | $40,087,992 | $0 | $0 | $0 | $576,058 | $0 | $0 | $22,306,669 | $17,205,265 | $0 | 2013 | false | Yes (true) | Yes (true) | Yes (true) |
| C | $2,159,300 | $0 | $3,926,000 | $0 | $0 | $0 | $78,520 | $0 | $0 | $3,847,480 | $0 | $0 | 2018 | false | false | Yes (true) | Yes (true) |
| D | $0 | $0 | $17,428,408 | $0 | $0 | $0 | $346,097 | $0 | $0 | $0 | $17,082,311 | $0 | 2023 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | false | |
| B | false | false | Yes (true) | false | 0.02 | 0.0 | 0.02 | false | false | false | Yes (true) |
| C | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | false | |
| D | false | false | false | false | 0.0 | 0.0 | 0.0 | Yes (true) | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Deutsche Bank | ||||||||||||
| A | false | false | Yes (true) | false | Yes (true) | Yes (true) | 30.0 | false | false | false | false | false |
| (no name) | ||||||||||||
| B | false | false | Yes (true) | false | false | false | false | false | false | |||
| (no name) | ||||||||||||
| C | false | false | false | Yes (true) | false | false | false | false | false | |||
| (no name) | ||||||||||||
| D | false | false | Yes (true) | false | false | false | false | false | false | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
| C | false |
| D | false |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part I Orange County Funding Corporation: CUSIP- 684594AT1 | Proceeds of $17,205,265 was used to advance refund series 2003 Bond, and non-refunding proceeds of $22,306,668 used for the renovation of the Dominican Center, and pay off the original loan for the purchase of the Dominican Center. |
| Schedule K, Part I Orange County Funding Corporation | Advance refund 2005 Bond that was reoffered in 2008 by the Dormitory Authority of the State of New York |
| Schedule K, Part VI POST-ISSUANCE COMPLIANCE POLICIES S | Applicable for Schedule K, Part III, line 9; Part IV, line 7; Part V: The college does not have a written Post-Issuance Tax-Exempt Bond Compliance Policy. The Vice President for Finance and Administration has primary responsibility for monitoring and ensuring post issuance compliance with tax-exempt bond regulations. This includes, but is not limited to analyzing and reviewing activities that involve private business use, keeping current with tax-exempt bond developments and consulting with college bond counsel and other experts on an as needed basis to ensure continued compliance with federal regulations. |
| Schedule K, Part IV, Line 2c COLUMN C | Issuer name: Public Finance Authority The calculation for computing no rebate due was performed on 12/16/2022 |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $8,652 | CashGrantAmt |
| Type Of Assistance | Tuition Waiver | TypeOfAssistanceTxt |
| Assistance Purpose | Academic | AssistancePurposeTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ including grants of $)(Revenue $ 605,385) OTHER SOURCES OF INCOME SUCH AS COMMUNITY EDUCATION, SUMMER CAMPS, AND INDIRECT COST RECOVERY. |
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | Article VIII: Committees of the Board of Trustees: VIII-2-The Executive Committee shall be comprised of all standing committee Chairs. At his discretion the Chair may appoint an additional member of the board to the Executive Committee. Such Executive Committee shall have and exercise, in the intervals between meetings of the full Board, all powers and authority vested in the full Board under Article 5, Section 226 of the Education Law, except those powers specifically withheld by said Section 226, sub-section 2. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | The completed Form 990 is distributed to the Board of Trustees in advance of filing for their review. |
| Form 990, Part VI, Line 12c Conflict of interest policy | The Vice President for Finance and Administration shares completed conflict of interest questionnaires with all Trustees in December's Board Meeting. Conflicts are reviewed and resolved by the members of the Executive Committee. Trustees, officers, and all with purchasing power who have declared or been found to have a conflict or potential conflict of interest shall refrain from voting on proposed transactions. Such persons may participate in deliberations concerning any proposed transaction only with the consent of no less than two-thirds of those present at any meeting where such matters are being discussed. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The President's compensation is set by the Board of Trustees and based on a review of published data that compares salaries of officer at similar sized institutions. Their salary is reviewed and adjusted in connection with an annual budget approval process. College policy calls for an annual review of salaries of officers and key employees by the Executive Committee of the Board of Trustees. Their review is documented as part of the annual budget approval process. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | The compensation of officers and key employees is set by the Board of Trustees and based on a review of published data that compares salaries of officer at similar sized institutions. College policy calls for an annual review of salaries of officers and key employees by the Executive Committee of the Board of Trustees. Their review is documented as part of the annual budget approval process. |
| Form 990, Part VI, Line 19 Required documents available to the public | The organization makes its governing documents, conflict of interest policy, and its financial statements available to the public upon request. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | INVESTMENT SPENDING DESIGNATED FOR CURRENT OPERATIONS - -16500000; |