2023-01-27T13:23:28-06:00 2022-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2021-07-01 060646520 ALBERTUS MAGNUS COLLEGE ALBE 2037738516 700 PROSPECT STREET NEW HAVEN CT 06511 LAURI STRIMKOVSKY VP FOR FINANCE AND ADMIN 2037738516 2023-01-27 1 LAURI STRIMKOVSKY 999009999 LAURA KIELCZEWSKI P00740769 9592007000 2023-01-25 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z LAURI STRIMKOVSKY 700 PROSPECT STREET NEW HAVEN CT 06511 59474643 0 X WWW.ALBERTUS.EDU X 1925 CT TO PROVIDE HIGHER EDUCATION TO COLLEGE STUDENTS 20 19 629 0 0 0 8247298 4703931 33845124 34496294 1355815 6908566 182260 -11498 43630497 46097293 11982021 14129976 0 0 19819622 19769545 0 0 1217745 12767172 13445709 44568815 47345230 -938318 -1247937 82618879 71777424 29102500 32185346 53516379 39592078 TO MAINTAIN AND OPERATE AN INSTITUTION OF HIGHER LEARNING WHICH PROVIDES INSTRUCTION IN THE LIBERAL ARTS AND SCIENCES AND CONFERS DEGREES UPON THE COMPLETION OF CURRICULA PRESCRIBED BY THE COLLEGE IN ACCORDANCE WITH ITS CHARTER AND THE LAWS OF THE STATE OF CONNECTICUT. 0 0 28008780 14129976 30972399 INSTRUCTION, LIBRARY, AND STUDENT AID OF APPROXIMATELY 1,500 COLLEGE STUDENTS BY APPROXIMATELY 120 QUALIFIED INSTRUCTORS AND THE OPERATION OF THE PHYSICAL PLANT. 10563023 3523895 STUDENT SERVICES AND AUXILIARY (STUDENT SUPPORT) SERVICES CONSISTING OF HOUSING, FOOD SERVICE, LAUNDRY SERVICE, INFIRMARY AND COUNSELING OF APPROXIMATELY 1,500 COLLEGE STUDENTS. 38571803 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 131 0 1 629 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X LAURI STRIMKOVSKY VP FOR FINANCE AND ADMIN 2037738516 700 PROSPECT STREET NEW HAVEN CT 06511 VINCENT PETRINI CHAIR/TRUSTEE 1.00 X X 0 0 0 MARC M CAMILLE ED D PRESIDENT/TRUSTEE 40.00 X X 399921 0 67655 JOSEPH P GERMAIN JR SECRETARY/TRUSTEE 1.00 X X 0 0 0 RAYMOND J PEACH TRUSTEE 1.00 X X 0 0 0 ANNE O MCCRORY JD TRUSTEE 1.00 X 0 0 0 BARBARA L PEARCE JD TRUSTEE 1.00 X 0 0 0 BISHOP THEODORE L BROOKKS SR TRUSTEE 1.00 X 0 0 0 HOPE CAHOON TRUSTEE 1.00 X 0 0 0 JOAN E SACCO TRUSTEE 1.00 X 0 0 0 JOHN R NESTER TRUSTEE 1.00 X 0 0 0 KERRY ALYS ROBINSON TRUSTEE 1.00 X 0 0 0 LAWRENCE P WARD TRUSTEE 1.00 X 0 0 0 LOUIS F TAGLIATELA JR - OUTGOING TRUSTEE 1.00 X 0 0 0 MARK JENUSAITIS - OUTGOING TRUSTEE 1.00 X 0 0 0 ROBERT J LYONS JR TRUSTEE/TREASURER 1.00 X 0 0 0 SISTER ANNE LYTHGOE OP TRUSTEE 1.00 X 0 0 0 SISTER PATRICIA TWOHILL OP TRUSTEE 1.00 X 0 0 0 SISTER SUSAN OLSON OP TRUSTEE 1.00 X 0 0 0 SISTER VIRGINIA BRUEN OP TRUSTEE 1.00 X 0 0 0 TABITHA W MANAFORT TRUSTEE 1.00 X 0 0 0 THOMAS F FLYNN PH D TRUSTEE 1.00 X 0 0 0 PAUL MCCRAVEN TRUSTEE 1.00 X 0 0 0 JEANNE M DENNISON TRUSTEE EMERITA 1.00 X 0 0 0 ELLEN M MULHOLLAND ESQ TRUSTEE EMERITA 1.00 X 0 0 0 BERNARD A PELLEGRINO ESQ TRUSTEE EMERITUS 1.00 X 0 0 0 LOIS FLACH - OUTGOING HONORARY TRUSTEE 1.00 X 0 0 0 JOANNE WILLIAMS OUTGOING VP FOR FINANCE & ADMIN 40.00 X 151765 0 0 SEAN O'CONNELL VP FOR ACADEMIC AFFAIRS 40.00 X 193723 0 33783 MARY YOUNG VP FOR ADVANCEMENT 40.00 X 175490 0 24954 ANDREA KOVACS VP FOR EM&M 40.00 X 166114 0 49555 STEVEN GSTALDER VP FOR INFORMATION TECHNOLOGY 40.00 X 166017 0 43602 WILIAM ANISKOVICH DEAN OF THE TAGLIATELA SCHOOL OF BUSINESS LEADERSH 40.00 X 176410 0 0 1429440 0 219549 19 0 1 0 CHARTWELLS COMPASS GROUP 2400 YORKMONT ROAD CHARLOTTE NC 28217 FOOD SERVICES 766668 EAB PO BOX 603519 CHARLOTTE NC 28260 EDUCATION CONSULTANT 620415 SECURITAS SECURITY SERVICES USA INC 2 CAMPUS DRIVE PARSIPPANY NJ 07054 SECURITY SERVICES 535680 ABLE ENGINEERING SERVICES 868 FOLSOM STREET SAN FRANCISCO CA 94107 ENGINEERING CONSULTANTS 395961 ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER DR CHICAGO IL 606930625 SOFTWARE PROVIDER 217066 9 293689 3354785 1055457 4703931 TUITION AND FEES 611310 30972399 30972399 STUDENT SUPPORT SERVICES 611710 3523895 3523895 34496294 600260 600260 280434 0 280434 280434 280434 19276574 12968268 6308306 6308306 6308306 117150 293689 409082 -291932 -291932 46097293 34496294 0 6897068 14129976 14129976 609252 450846 6093 152313 15333273 12371536 2221303 740434 418377 337565 60609 20203 2448301 2321078 95417 31806 960342 691277 201799 67266 198479 198479 4219951 2762202 1457749 350123 5572 327323 17228 1906557 671594 1049719 185244 32855 32855 1111310 914480 196830 403113 370606 29256 3251 443430 170828 272602 787401 787401 1976717 1904733 71984 GUARD SERVICES 1014637 1014637 MEMBERSHIP & DUES 431567 249105 182462 BAD DEBTS 396656 396656 EQUIPMENT AND RENTAL MA 142312 142312 30601 30601 47345230 38571803 7555682 1217745 1235536 996705 1605938 2399263 57231 56432 781892 835479 321227 295666 36014 29384 70261 168000 66706482 34126763 33941714 32579719 44535399 34383109 33667 33667 82618879 71777424 4624738 4878689 254756 1096564 17873975 17880976 6349031 8329117 29102500 32185346 X 41050143 29100033 12466236 10492045 53516379 39592078 82618879 71777424 -1247937 -12676364 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 PART 11-B, LINE 1, LOBBYING ACTIVITIES: ALBERTUS MAGNUS COLLEGE MAY INDIRECTLY INCUR LOBBYING EXPENSES THROUGH DUES PAID TO OTHER ORGANIZATIONS. 34550522 592781 -4468017 4713002 25962284 25821156 1079294 9316072 1666000 34550522 26162088 185956 2195044 2721932 25821156 8681852 16278274 2337962 1136000 26162088 7850942 186516 776223 131829 8681852 0.67195 0.17500 0.15305 0 0 829826 829826 57395672 26827831 30567841 8424357 7265683 1158674 56627 33249 23378 32579719 LOAN FUNDS REFUNDABLE 277240 LINE OF CREDIT 8051877 8329117 X 20718585 -12676364 409082 -12267282 32985867 13111426 13111426 46097293 34642886 409082 409082 34233804 13111426 13111426 47345230 PART X, LINE 2: THE COLLEGE IS A TAX-EXEMPT ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "IRC") AND, AS SUCH, IS NOT SUBJECT TO FEDERAL OR STATE CORPORATION INCOME TAXES. THE COLLEGE HAD NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2022 OR 2021. THE COLLEGE'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2019 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE COLLEGE HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 409,082. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID 13,111,426. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 409,082. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID 13,111,426. PART V, LINE 4: THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NOTED IN GENERAL PUBLICATIONS AND ADVERTISEMENTS. SCHEDULE E, PART I, LINE 6 SCHEDULE E - LINE 6A: THE COLLEGE PARTICIPATES IN FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. GOLF 33785 9385 24400 35101 GALA 377054 284304 92750 298706 64374 10901 410839 293689 117150 333807 64374 10901 409082 -291932 1 STUDENT FINANCIAL AID 699 14129976 FMV REDUCTION OF TUITION COST CHARGED TO STUDENTS PART I, LINE 2: THE FINANCIAL AID OFFICE WORKS WITH STUDENTS IN COMPLETING THE APPLICATION FOR FINANCIAL AID. ALL AWARDS ARE SUBJECT TO ADJUSTMENT BASED ON CHANGES IN ENROLLMENT, CHANGES IN HOUSING STATUS, CHANGES IN NEED, NEED ANALYSIS, FAILURE TO MAINTAIN SATISFACTORY ACADEMIC PROGRESS AND CONFLICTING INFORMATION ON THE STUDENT LOAN DATA SYSTEM. REVISIONS ARE MADE IN A TIMELY MANNER WHEN THE FINANCIAL AID OFFICE IS NOTIFIED OF A CHANGE IN ELIGIBILITY. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 MARC M CAMILLE ED D PRESIDENT/TRUSTEE 296438 0 41983 0 61500 0 48559 0 19096 0 467576 0 0 0 SEAN O'CONNELL VP FOR ACADEMIC AFFAIRS 191123 0 0 0 2600 0 10499 0 23284 0 227506 0 0 0 ANDREA KOVACS VP FOR EM&M 166114 0 0 0 0 0 7966 0 41589 0 215669 0 0 0 STEVEN GSTALDER VP FOR INFORMATION TECHNOLOGY 159017 0 7000 0 0 0 7874 0 35728 0 209619 0 0 0 MARY YOUNG VP FOR ADVANCEMENT 175490 0 0 0 0 0 6196 0 18758 0 200444 0 0 0 WILIAM ANISKOVICH DEAN OF THE TAGLIATELA SCHOOL OF BUS 176410 0 0 0 0 0 0 0 0 0 176410 0 0 0 JOANNE WILLIAMS OUTGOING VP FOR FINANCE & ADMIN 151765 0 0 0 0 0 0 0 0 0 151765 0 0 0 PART I, LINE 1A PAYMENTS MADE FOR HOUSING ALLOWANCE ARE STIPULATED IN THE EMPLOYMENT CONTRACT AND INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 7 BONUSES ARE PAID TO INDIVIDUALS BASED ON PERFORMANCE METRICS. BONUS AMOUNTS ARE INCLUDED IN PART II, COLUMN B(II). FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE PRESIDENT, VP FOR FINANCE AND ADMINISTRATION, AND FINANCE COMMITTEE PRIOR TO PROVIDING A COPY TO THE FULL BOARD FOR THEIR REVIEW. ONCE APPROVED BY THE BOARD, FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI LINE 1 THE NUMBER OF VOTING MEMBERS AS OF THE END OF THE TAX YEAR DOES NOT INCLUDE TRUSTEE EMERITI OR OUTGOING TRUSTEES THAT ARE REPORTED IN PART VII SECTION A. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT OF THE COLLEGE MONITORS THE RETURN OF THE CONFLICT OF INTEREST FORMS WHICH MUST BE SIGNED ANNUALLY BY ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES. ANY DISCLOSED CONFLICT IS REPORTED TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, ACTING AS THE COMPENSATION COMMITTEE, OVERSEES, REVIEWS AND APPROVES ALL COMPENSATION ON AN ANNUAL BASIS WITH THE ADVICE OF A COMPENSATION CONSULTANT, USING COMPARABILITY DATA AND CONTEMPORANEOUSLY DOCUMENTS THE DECISION MAKING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS CONFLICT OF INTEREST POLICY, ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.