2024-05-15T12:41:34-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 131740468 MANHATTAN COLLEGE MANH 7188627349 4513 MANHATTAN COLLEGE PARKWAY RIVERDALE NY 104714098 JAMES PERRINO VP FOR FINANCE & CFO 7188627349 2024-05-15 1 JAMES PERRINO 999009999 1 GARRETT M HIGGINS P00543209 9143818900 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR MILO RIVERSO 4513 MANHATTAN COLLEGE PARKWAY RIVERDALE NY 104714098 231967533 0 X WWW.MANHATTAN.EDU X 1863 NY MANHATTAN COLLEGE IS AN INDEPENDENT CATHOLIC INSTITUTION OF HIGHER LEARNING THAT EMBRACES QUALIFIED MEN AND WOMEN OF ALL FAITHS, CULTURES, AND TRADITIONS. THE MISSION OF THE COLLEGE IS TO PROVIDE A CONTEMPORARY, PERSON-CENTERED EDUCATIONAL EXPERIENCE THAT PREPARES GRADUATES FOR LIVES OF PERSONAL DEVELOPMENT, PROFESSIONAL SUCCESSES, CIVIC ENGAGEMENT, AND SERVICE TO THEIR FELLOW HUMAN BEINGS. 27 27 2063 772 0 0 35017652 25492261 179791354 180655013 3136188 19102082 3749173 1511731 221694367 226761087 77361527 81058159 0 0 79747029 83384013 0 0 6859243 56506400 64438209 213614956 228880381 8079411 -2119294 427436173 431384829 121047916 116396783 306388257 314988046 X MANHATTAN COLLEGE IS A LASALLIAN CATHOLIC EDUCATIONAL INSTITUTION FOUNDED IN 1853 BY THE DE LA SALLE CHRISTIAN BROTHERS, A RELIGIOUS TEACHING ORDER STARTED BY SAINT JOHN BAPTIST DE LA SALLE, THE PATRON SAINT OF TEACHERS. OUR LUSH, 22-ACRE CAMPUS IN RIVERDALE OFFERS A SAFE AND SECURE HOME BASE THAT'S WITHIN ARM'S REACH OF THE GREATEST CITY IN THE WORLD - NEW YORK. EDUCATION AT MANHATTAN COLLEGE HAS A STRONG FOCUS ON PRACTICAL, EXPERIENTIAL LEARNING. OPPORTUNITIES ABOUND WHEN IT COMES TO INTERNSHIPS, SUMMER PLACEMENTS AND THE CHANCE TO GAIN REAL-WORLD SKILLS IN THEIR FUTURE WORKPLACE. OUR CONNECTIONS TO THE UPPER ECHELONS OF NEW YORK CITY OFFER INVALUABLE CAREER OPPORTUNITIES, AS WELL AS A BACKSTAGE PASS TO THIS VIBRANT, MAGNIFICENT METROPOLIS. THE MISSION OF THE COLLEGE IS TO PROVIDE A CONTEMPORARY, PERSON-CENTERED EDUCATIONAL EXPERIENCE THAT PREPARES GRADUATES FOR LIVES OF PERSONAL DEVELOPMENT, PROFESSIONAL SUCCESS, CIVIC ENGAGEMENT, AND SERVICE TO THEIR FELLOW HUMAN BEINGS. 0 0 191390883 81058159 157944928 MANHATTAN COLLEGE IS AN INDEPENDENT CATHOLIC INSTITUTION OF HIGHER LEARNING THAT OFFERS THE VARIETY OF ACADEMIC PROGRAMMING FOUND AT A LARGE UNIVERSITY, BUT WITH THE PERSONALIZED LEARNING EXPERIENCE OF A SMALL, LIBERAL ARTS SCHOOL. AS OF JUNE 30, 2023 THE COLLEGE'S 6 DISTINCT SCHOOLS, THE SCHOOL OF LIBERAL ARTS, THE SCHOOL OF SCIENCE, THE SCHOOL OF ENGINEERING, THE SCHOOL OF EDUCATION AND HEALTH, THE O'MALLEY SCHOOL OF BUSINESS AND THE SCHOOL OF CONTINUING AND PROFESSIONAL STUDIES OFFER MORE THAN 100 MAJORS, MINORS, GRADUATE PROGRAMS AND ADVANCED CERTIFICATES, AS WELL AS DEGREEES THAT CAN BE EARNED FULLY ONLINE OR COMBINED WITH A TRADITIONAL CLASSROOM EXPERIENCE. WITH A 12:1 STUDENT-TO-FACULTY RATIO, A CATALOG OF COURSES THAT USES NEW YORK CITY AS A CLASSROOM AND A CURRICULUM BUILT ON A STRONG LIBERAL ARTS FOUNDATION OUR STUDENTS LAND INTERNSHIPS AND JOBS AT FORTUNE 500 COMPANIES AND CONDUCT RESEARCH THAT MAKES A REAL IMPACT IN THE WORLD. THE COLLEGE EDUCATES APPROXIMATELY 2,970 UNDERGRADUATE AND 519 GRADUATE STUDENTS. 11876430 0 22710085 AUXILIARY SERVICES INCLUDE THE COST OF ROOM AND BOARD FOR APPROXIMATELY 1,155 FULL TIME UNDERGRADUATE STUDENTS LIVING IN TRADITIONAL RESIDENCE HALL, SUITE STYLE AND APARTMENT STYLE BUILDINGS ON OUR 22 ACRE CAMPUS. THE COLLEGE OFFERS A FOUR YEAR GUARANTEE OF RESIDENT HOUSING. ADDITIONALLY, GRADUATE STUDENTS ARE OFFERED HOUSING IN AN APARTMENT STYLE BUILDING. AUXILIARY SERVICES ALSO INCLUDES CAMPUS SERVICES OFFERED IN SUPPORT OF EDUCATIONAL ACTIVITIES TO STUDENTS, FACULTY AND STAFF SUCH AS THE BOOKSTORE AND CAFETERIA. 203267313 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 441 0 2063 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X JOSEPH PELIO 7188627349 4513 MANHATTAN COLLEGE PARKWAY RIVERDALE NY 104714098 X BR DANIEL GARDNER PRESIDENT 40.00 X X 0 0 0 STEPHEN SQUERI TRUSTEE, CHAIR 1.00 X X 0 0 0 THOMAS D O'MALLEY TRUSTEE, CHAIR THRU APR 2023 1.00 X X 0 0 0 WILLIAM DOOLEY TRUSTEE, CHAIR THRU AUG 2022 1.00 X X 0 0 0 BR FRANK G BYRNE VICE CHAIR 1.00 X X 0 0 0 ROSANNE THOMAS MATZAT VICE CHAIR 1.00 X X 0 0 0 MARY ANNE AVELLA TRUSTEE 1.00 X 0 0 0 KENNETH BOUYER TRUSTEE 1.00 X 0 0 0 PATRICK BOYLE TRUSTEE 1.00 X 0 0 0 GERARD CACCAPPOLO TRUSTEE 1.00 X 0 0 0 JOHN DESMARAIS TRUSTEE 1.00 X 0 0 0 DR THOMAS D FARRELL TRUSTEE 1.00 X 0 0 0 TERENCE GAFFNEY TRUSTEE 1.00 X 0 0 0 BR JOSE FRANCISCO FLORES GAMIO TRUSTEE 1.00 X 0 0 0 NOREEN KRALL TRUSTEE 1.00 X 0 0 0 THOMAS KUSTER TRUSTEE 1.00 X 0 0 0 BR WILLIAM MANN TRUSTEE 1.00 X 0 0 0 FREDRIC MARRO TRUSTEE 1.00 X 0 0 0 LYNN MARTIN TRUSTEE 1.00 X 0 0 0 JOHN MCAVOY TRUSTEE 1.00 X 0 0 0 DR MARYBETH MCCALL TRUSTEE 1.00 X 0 0 0 THOMAS MELORO TRUSTEE 1.00 X 0 0 0 BR ERNEST MILLER TRUSTEE 1.00 X 0 0 0 MARYANN MILLER TRUSTEE 1.00 X 0 0 0 JOSE MINAYA TRUSTEE 1.00 X 0 0 0 JAMES S MOTHERWAY TRUSTEE THRU FEB 2023 1.00 X 0 0 0 DR MILO RIVERSO TRUSTEE 1.00 X 0 0 0 ANTHONY SCALA TRUSTEE 1.00 X 0 0 0 THOMAS SCARANGELLO TRUSTEE 1.00 X 0 0 0 BR ROBERT SMITH FSC TRUSTEE 1.00 X 0 0 0 THOMAS MAURIELLO VICE PRESIDENT, ASSISTANT TREASURER 40.00 X 364313 0 156014 MATTHEW MCMANNESS VICE PRESIDENT FINANCE, TREASURER 40.00 X 440576 0 69213 DENNIS LONERGAN AVP FINANCE AND CONTROLLER, ASSISTANT TREASURER 40.00 X 223099 0 44577 BARBARA FABE VP HUMAN RESOURCES, SECRETARY 40.00 X 206415 0 35647 WILLIAM CLYDE PROVOST 40.00 X 301327 0 63499 STEPHEN MASIELLO HEAD COACH MEN'S BASKETBALL THRU OCT 2022 40.00 X 439979 0 63563 STEPHEN SCHREINER PROFESSOR OF ELECTRICAL & COMPUTER ENGINEERING 40.00 X 314946 0 114775 DONALD GIBSON DEAN 40.00 X 256406 0 58914 COLETTE GEARY VP ENROLLMENT MANAGEMENT THRU JAN 2023 40.00 X 239381 0 61764 TIMOTHY WARD DEAN 40.00 X 274033 0 20087 DR BRENNAN O'DONNELL PRESIDENT EMERITUS 40.00 X 725080 0 109539 3785555 0 797592 186 1 1 0 ARAMARK SERVICES 27310 NETWORK PLACE CHICAGO IL 60673 FACILITIES AND FOOD SERVICE 20540703 INNOVAX PILLAR INC 67 LAFAYETTE AVENUE WHITE PLAINS NY 10603 CONSTRUCTION 2787719 EDUCATION ADVISORY BOARD PO BOX 603519 CHARLOTTE NC 28260 RECRUITMENT SERVICE 1572328 FIDELIS CONTRACTING INC 300 NORTHERN BOULEVARD GREAT NECK NY 11021 CONSTRUCTION 1326542 AD LINE NYC INC 1617 66TH STREET BROOKLYN NY 11204 CONSTRUCTION 1126970 42 3634673 4151490 17706098 2921822 25492261 TUITION AND FEES 611310 157837694 157837694 AUXILIARY SERVICES 611310 22710085 22710085 YOUTH PROGRAMS 611310 93560 93560 STUDENT LOAN INTEREST 522291 13674 13674 180655013 3012989 3012989 16 16 18584 18584 1910382 663580 1246802 1246802 1246802 2307591 18000000 2337212 1881302 -29621 16118698 16089077 16089077 166260 3634673 324352 -158092 -158092 OTHER REVENUE 900099 387955 387955 INSURANCE LOSS REIMBURSEMENT 900099 16482 16482 404437 226761087 180655013 0 20613813 81058159 81058159 2072388 432444 963537 676407 868527 781674 86853 60151793 50626918 7139882 2384993 2395786 2270936 47419 77431 13275781 11071783 1669336 534662 4619738 3788185 600566 230987 995849 995849 231655 231655 106428 106428 7835658 6394107 1210067 231484 1789631 276910 394885 1117836 2233742 1350689 554084 328969 2147334 1885278 144645 117411 13418776 13131696 138419 148661 3970440 3680544 72555 217341 315572 260668 37201 17703 3517362 3405796 111566 12208182 11231527 854573 122082 1744561 335132 1331589 77840 FOOD SERVICE 8600037 8257894 137361 204782 MAINTENANCE & SUPPLIES 2746099 2311633 278779 155687 BOOKS & PRINTING 946955 882558 25709 38688 BAD DEBT EXPENSE 430000 430000 1199928 614456 496046 89426 228880381 203267313 18753825 6859243 26163399 7589987 9707186 12027107 25780371 25021293 3264085 3451841 35346 31463 141980 49399 434046675 195973531 230711526 238073144 122691848 135400223 7071415 8198822 539362 394432 1329655 1147118 427436173 431384829 14372845 12092187 9642882 9149518 92066977 90043099 4965212 5111979 121047916 116396783 X 144385229 147350386 162003028 167637660 306388257 314988046 427436173 431384829 -2119294 10719083 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 214425 0 0 X X X X 0 138691965 1622021 13152691 6579777 1453440 145433460 148203095 18358324 -19424420 3174470 5270564 138691965 119179757 5596784 27258018 3087690 743774 148203095 110787779 4011740 7131554 2087377 663939 119179757 100562380 5281115 7693998 2127427 622287 110787779 1.00000 0 0 5677732 5677732 377407587 154414878 222992709 4433907 4113917 319990 38507879 35668417 2839462 8019570 1776319 6243251 238073144 LIABILITIES UNDER PLANNED GIVING AGREEMENTS 1260213 ASSET RETIREMENT OBLIGATION 2015000 CAPITAL LEASE LIABILITY 1120342 U.S. GOVERNMENT GRANTS REFUNDABLE 716424 5111979 X 157303515 10719083 987932 11707015 145596500 106428 81058159 81164587 226761087 148703726 987932 987932 147715794 106428 81058159 81164587 228880381 PART V, LINE 4: THE COLLEGE'S ENDOWMENT CONSISTS OF 309 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING BOTH DONOR RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE COLLEGE TO FUNCTION AS ENDOWMENTS (QUASI-ENDOWMENT), THE INVESTMENT RETURN ON WHICH IS EXPENDABLE PRINCIPALLY TO SUPPORT SCHOLARSHIPS. PART X, LINE 2: THE COLLEGE RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. THE COLLEGE EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS FINANCIAL STATEMENTS. AS OF JUNE 30, 2023 AND 2022, THE COLLEGE HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 663,580. FUNDRAISING EVENT EXPENSES REPORTED IN PART VIII 324,352. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NET WITH REVENUE ON FINANCIAL STATEMENTS 81,058,159. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 663,580. FUNDRAISING EVENT EXPENSES REPORTED IN PART VIII 324,352. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NET WITH REVENUE ON FINANCIAL STATEMENTS 81,058,159. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MANHATTAN COLLEGE HAS A LONG STANDING POLICY OF NON-DISCRIMINATION AND RESPECT FOR ALL INDIVIDUALS. THE POLICY IS DISCLOSED ON THE COLLEGE'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVED GRANTS FOR FINANCIAL AID AND RESEARCH FROM VARIOUS FEDERAL, NEW YORK STATE AND NEW YORK CITY AGENCIES. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 4591490 0 0 0 0 0 0 4591490 0 4591490 0 0 1 1 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART I, LINE 3: THE COLLEGE WAS NOT REQUIRED TO FILE FORMS 926, 5471 OR 8621 SINCE IT DID NOT MEET THE FILING REQUIREMENTS FOR THAT FORM. DE LA SALLE DINNER 3646713 3545913 100800 919 193793 26495 21759 JASPER OPEN 154220 88760 65460 17942 52240 11204 3800933 3634673 166260 18861 246033 26495 32963 324352 -158092 1 COLLEGE FUNDED SCHOLARSHIPS 2877 74794305 ENDOWED SCHOLARSHIPS 774 4361685 GOVERNMENT GRANT AND PRIVATE GIFT FUNDED SCHOLARSHIPS 193 1902169 PART I, LINE 2: MANHATTAN COLLEGE AWARDS GRANTS-IN-AID TO ACCEPTED STUDENTS WHO DEMONSTRATE FINANCIAL NEED. THESE AWARDS ARE RENEWED ANNUALLY AND ADJUSTED IN LINE WITH CHANGES ON THE STUDENT AID APPLICATIONS. THESE AWARDS ARE GIVEN FOR A MAXIMUM OF FOUR YEARS (EIGHT SEMESTERS). GRANT RECIPIENTS MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS. FULL TIME ENROLLMENT IS NECESSARY TO RECEIVE THE GRANT. ACADEMIC SCHOLARSHIPS: ELIGIBILITY IS BASED ON EXCEPTIONAL SAT OR ACT SCORES, SECONDARY SCHOOL GRADE POINT AVERAGE, AND RANK IN CLASS. THE AMOUNT OF THE SCHOLARSHIP IS DETERMINED AT THE TIME OF ADMISSION AND IS OFFERED FOR FOUR YEARS (EIGHT SEMESTERS MAXIMUM) PROVIDED THE STUDENT REMAINS ELIGIBLE. ATHLETIC SCHOLARSHIPS: MANHATTAN COLLEGE HAS AVAILABLE A STRICTLY BUDGETED FUND TO OFFER GRANTS-IN-AID TO STUDENTS WHO, BY THE POSSESSION OF CERTAIN ATHLETIC SKILLS CAN ADD TO THE COMMUNITY SPIRIT AND MORALE OF THE CAMPUS. THE COLLEGE FIRMLY STATES THAT RECIPIENTS MUST COME TO MANHATTAN AS STUDENTS, WITH THEIR FIRST INTEREST IN STUDIES. THEY MUST MEET THE SAME ENTRANCE REQUIREMENTS AS OTHER STUDENTS AND MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS. MANHATTAN ADHERES TO AND ENDORSES THE PRINCIPLES AND POLICIES OF THE METRO ATLANTIC ATHLETIC CONFERENCE, EASTERN COLLEGE ATHLETIC CONFERENCE, AND THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION. OTHER SCHOLARSHIPS: GRADUATE SCHOLARSHIPS ARE AWARDED AS PART OF GRANTS, GRADUATE ASSISTANCE OR BY DEPARTMENTS. HEOP SCHOLARSHIPS ARE AWARDED AS PART OF THE NEW YORK STATE PROGRAM. ENDOWMENT SCHOLARSHIPS ARE AWARDED BASED UPON THE DONORS' WRITTEN RESTRICTIONS. X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 DR BRENNAN O'DONNELL PRESIDENT EMERITUS 467531 0 0 0 257549 0 81092 0 28447 0 834619 0 219264 0 THOMAS MAURIELLO VICE PRESIDENT, ASSISTANT TREASURER 314313 0 50000 0 0 0 20145 0 135869 0 520327 0 0 0 MATTHEW MCMANNESS VICE PRESIDENT FINANCE, TREASURER 423454 0 0 0 17122 0 26744 0 42469 0 509789 0 0 0 STEPHEN MASIELLO HEAD COACH MEN'S BASKETBALL THRU OCT 2022 326979 0 100000 0 13000 0 20899 0 42664 0 503542 0 0 0 STEPHEN SCHREINER PROFESSOR OF ELECTRICAL & COMPUTER ENGINEERING 314946 0 0 0 0 0 20312 0 94463 0 429721 0 0 0 WILLIAM CLYDE PROVOST 301327 0 0 0 0 0 20971 0 42528 0 364826 0 0 0 DONALD GIBSON DEAN 256406 0 0 0 0 0 16516 0 42398 0 315320 0 0 0 COLETTE GEARY VP ENROLLMENT MANAGEMENT THRU JAN 2023 239381 0 0 0 0 0 26221 0 35543 0 301145 0 0 0 TIMOTHY WARD DEAN 272533 0 0 0 1500 0 17076 0 3011 0 294120 0 0 0 DENNIS LONERGAN AVP FINANCE AND CONTROLLER, ASSISTANT TREASURER 223099 0 0 0 0 0 13280 0 31297 0 267676 0 0 0 BARBARA FABE VP HUMAN RESOURCES, SECRETARY 206415 0 0 0 0 0 14010 0 21637 0 242062 0 0 0 PART I, LINE 7 THOMAS MAURIELLO RECEIVED A $50,000 DISCRETIONARY BONUS FROM THE COLLEGE AS REPORTED IN PART II, COLUMN B(II). SCHEDULE J, PART I, LINE 4B DR. BRENNAN O'DONNELL PARTICIPATED AND RECEIVED A DISTRIBUTION FROM A 457F PLAN AS REPORTED IN PART II, COLUMN B(III). A BUILD NYC RESOURCE CORPORATION 454040561 12008EMZ6 2017-06-14 101268446 TO PAY CONSTRUCTION COSTS OF STEM BUILDING, REFUND BONDS ISSUED 8/6/2013 0 0 0 A 7810000 101458263 161062 6148159 1533336 33872584 59743122 2020 1 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 A 1 PART II, LINE 3 THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND THE ISSUE PRICE IS DUE TO INVESTMENT EARNINGS. IN FISCAL YEAR 2023, THE TOTAL AMOUNT OF INVESTMENT EARNINGS FROM TAX-EXEMPT PROCEEDS IS $16 AND IS REPORTED ON FORM 990, PART VIII, LINE 4. X 15 2921822 AVG. SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B MANHATTAN COLLEGE HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. A COMPLETE COPY OF THE 990 RETURN IS GIVEN TO THE VP FOR FINANCE AND ADMINISTRATION AND THE CONTROLLER FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK AND COVERS ALL COLLEGE STAFF. ANNUALLY, THE OFFICE OF HUMAN RESOURCES REQUIRES ALL SENIOR ACADEMIC AND ADMINISTRATIVE STAFF, THOSE IN A POSITION TO INFLUENCE COLLEGE DECISIONS, AND MEMBERS OF THE BOARD OF TRUSTEES TO SIGN AND RETURN A COPY OF THE CONFLICT OF INTEREST FORM. COVERED PERSONS HAVING A CONFLICT ARE REQUIRED TO CALL IT TO THE ATTENTION OF THE VICE PRESIDENT FOR FINANCE AND THE VICE PRESIDENT OF HUMAN RESOURCES. ALL CONFLICT OF INTEREST ISSUES ARE INVESTIGATED BY THE OFFICE OF HUMAN RESOURCES/VICE PRESIDENT OF HUMAN RESOURCES. IF NEEDED THE VICE PRESIDENT OF HUMAN RESOURCES CONFERS WITH THE APPROPRIATE PERSONNEL (I.E., VICE PRESIDENT, BOARD COMMITTEE, PRESIDENT AND/OR CHAIR OF THE BOARD) TO RESOLVE CONFLICTS OF INTEREST. A COVERED PERSON HAVING A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN ANY DECISION MAKING MEETING ON THE SUBJECT, WILL NOT MAKE A DECISION ON THE MATTER, AND WILL NOT TRY TO INFLUENCE THE COLLEGE'S DECISIONS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A PROCESS TO APPROVE THE PRESIDENT'S EMPLOYMENT AGREEMENT. THE VP OF HUMAN RESOURCES WORKING WITH ATTORNEYS SPECIALIZING IN HIGHER EDUCATION AND BENEFITS/PENSIONS AND A SUB-COMMITTEE OF TRUSTEES FROM THE BOARD'S EXECUTIVE COMMITTEE REVIEW THE PROPOSED CONTRACT AGAINST INDUSTRY DATA COMPILED OF PRESIDENTS' COMPENSATION FROM MANY COLLEGES AND UNIVERSITIES DEEMED TO BE SIMILAR TO MANHATTAN COLLEGE, AND THE CUPA (COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION) ADMINISTRATIVE COMPENSATION SURVEY. AFTER REVIEW AND CONSIDERATION OF FACTORS, THE SUB-COMMITTEE PRESENTS THE DATA AND PROPOSED EMPLOYMENT AGREEMENT TERMS TO THE EXECUTIVE COMMITTEE, WHICH IN TURN PRESENTS THE AGREEMENT FOR APPROVAL BY THE BOARD OF TRUSTEES. SALARIES FOR OFFICERS AND KEY EMPLOYEES ARE REVIEWED ON AN ANNUAL BASIS AND ARE IN LINE WITH SALARY SURVEYS THAT REPORT ON INSTITUTIONS OF HIGHER EDUCATION SALARIES (I.E., CUPA ADMINISTRATIVE COMPENSATION SURVEY). THE SALARIES ARE REVIEWED BY THE VICE PRESIDENT OF HUMAN RESOURCES AND THE PRESIDENT OF THE COLLEGE. THE VICE PRESIDENT OF HUMAN RESOURCES ALSO WORKS WITH THE VICE PRESIDENT OF FINANCE. RECORDS ARE MAINTAINED BY MANHATTAN COLLEGE DOCUMENTING THE COMPENSATION REVIEW PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A COMPENSATION PAID TO THE PRESIDENT: THE PRESIDENT IS A RELIGIOUS MEMBER OF THE BROTHERS OF THE CHRISTIAN SCHOOLS OF MANHATTAN COLLEGE (THE ORDER) AND HAS TAKEN A VOW OF POVERTY AND IS PROVIDED WITH ZERO ($0) COMPENSATION FROM THE COLLEGE. ALL COMPENSATION THAT WOULD HAVE BEEN PAID TO THE PRESIDENT ON BEHALF OF THE SERVICES PROVIDED TO MANHATTAN COLLEGE IS INSTEAD PAID TO HIS RELIGIOUS ORDER (CHRISTIAN BROTHERS) RATHER THAN TO THE INDIVIDUAL. MANHATTAN COLLEGE PAID THE ORDER AN AMOUNT OF $193,721 FOR THE SERVICES THE PRESIDENT (BROTHER DANIEL GARDNER) PROVIDED TO THE COLLEGE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S ENTIRE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.