2023-05-09T08:03:03-05:00 2022-06-30 010523282 Berry Dunn McNeil & Parker LLC 1000 Elm Street 4th Floor Manchester NH 03101 990 2021-07-01 150533561 Hartwick College HART 6074314303 1 Hartwick Drive Oneonta NY 13820 Karen Zuill VP Finance/Assistant Treasurer 6074314303 2023-05-15 1 Karen Zuill 999009999 Melissa Magoon CPA P01712842 6036697337 2023-05-08 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z Darren Reisberg 1 Hartwick Drive Oneonta NY 13820 94473785 0 X www.hartwick.edu X 1797 NY Hartwick College, an engaged community striving towards inclusion and equity while increasing diversity, integrates a liberal arts education with experiential learning to inspire curiosity, critical thinking, creativity, personal courage and an enduring passion for learning. 23 22 1046 156 602509 210857 13677722 9773662 66437898 68847210 7112327 8937261 215586 30880 87443533 87589013 36488664 39230452 0 0 26007054 27394346 0 0 1536290 26357819 28339855 88853537 94964653 -1410004 -7375640 153448262 132159507 51096176 50177243 102352086 81982264 X Hartwick College, an engaged community striving towards inclusion and equity while increasing diversity, integrates a liberal arts education with experiential learning to inspire curiosity, critical thinking, creativity, personal courage and an enduring passion for learning. 0 0 54073417 37529953 55066222 Instruction is provided to approximately 1,100 full-time students by 98 full-time faculty members. Student and faculty research is conducted as a supplement to academic programming. 12125642 Student services expenses include primarily the student life activities, intercollegiate athletics, the office of the registrar, the office of financial aid and the office of admissions. 10263331 12742795 Auxiliary Enterprise expenses include expenditures associated with the residence halls, food service and health center operations. 13573513 1700499 1038193 Institutional support expenses encompass expenditures incurred in the general administration of the college.Academic support expenses entail costs incurred in the operation of campus-based services which enhance the academic environment.Public services expenses encompass those costs related to programs sponsored by the College, primarily for the benefit of residents of the local community and surrounding area. 13573513 1700499 1038193 90035903 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1668 0 1 1046 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X Karen Zuill 6074314303 1 Hartwick Drive Oneonta NY 13820 Margaret Drugovich President 40.00 X X 462766 0 143992 David Long Chairman 1.00 X X 0 0 0 Kathleen Fallon Vice Chair 1.00 X X 0 0 0 Cathy Weeks Treasurer 1.00 X X 0 0 0 Colleen Connery Secretary 1.00 X X 0 0 0 George Allen Trustee 1.00 X 0 0 0 Steve Bloom Trustee 1.00 X 0 0 0 Annie Chorbajian Trustee 1.00 X 0 0 0 Steven Epstein Trustee 1.00 X 0 0 0 Mike Finnerty Trustee 1.00 X 0 0 0 Sally Herbert Trustee 1.00 X 0 0 0 Mary Pat Lindsley Trustee 1.00 X 0 0 0 Randy McCullough Trustee 1.00 X 0 0 0 Brianna Mckenzie Trustee 1.00 X 0 0 0 Larry Miller Trustee 1.00 X 0 0 0 Neal Miller Trustee 1.00 X 0 0 0 Janet Mitchell Trustee 1.00 X 0 0 0 Joel Patterson Trustee 1.00 X 0 0 0 Marina Regelman Trustee 1.00 X 0 0 0 Santo Russo Trustee 1.00 X 0 0 0 Georgette Smith Trustee 1.00 X 0 0 0 Maria Vezina Trustee 1.00 X 0 0 0 Susan Warner Trustee 1.00 X 0 0 0 Keith Fulmer Past Treasurer 1.00 X X 0 0 0 Karen Zuill VP Finance/Assistant Treasurer 40.00 X 162942 0 64031 Lisa Corbett Assistant Secretary 40.00 X 68655 0 7252 Karen McGrath Senior VP - Enrollment & Student Exp 40.00 X 207431 0 16922 Paula Lee Hobson VP College Advancement 40.00 X 175848 0 28564 Barbara Feldman Interim VP for Academic Affairs 40.00 X 182117 0 11501 Suzanne Janitz VP for Human Resources 40.00 X 115919 0 9108 Megan Gray Assistant VP for Alumni Relations 40.00 X 105622 0 16581 Connie Anderson Professor of Anthropology 40.00 X 100309 0 6516 Patricia Delaney Director of Center for Collaboration and Inovation 40.00 X 110882 0 13788 Mark Wolff Professor of French Department 40.00 X 101384 0 7968 1793875 0 326223 13 0 1 0 Aramark Facilities Services Aramark Dallas Lockbox Dallas TX 75397 Facilities Maintenance 4488068 Aramark Dining Services PO Box 978839 Dallas TX 75397 Dining 3441663 Ologie LLC 447 East Main Street Columbus OH 43215 Marketing 1010137 EAB Global Inc PO Box 603519 Charlotte NC 28260 Student Recruiting 869643 Alliance Masonry Corp 2544 NYS Route 12 Chenango NY 13746 Construction 231459 10 4178687 5594975 349246 9773662 Tuition and Fees 611710 55066222 55066222 Room and Board 611710 12500075 12500075 Other Revenue 611710 1038193 666099 372094 Auxiliary Services 611710 242720 242720 68847210 854489 252466 602023 6181 6181 79180 54481 24699 24699 -22051 46750 13859613 1053450 6619898 210393 7239715 843057 8082772 8082772 87589013 68475116 602509 8737726 39230452 39230452 1506514 1302102 204412 21143521 19257961 1073607 811953 956537 919175 2643 34719 2301602 2065276 116181 120145 1486172 1277532 143116 65524 123260 123260 63100 63100 105292 105292 1490116 1239821 167440 82855 1475654 1453618 2380 19656 1498302 1321389 95418 81495 1876264 1864393 11871 2315465 2300934 10084 4447 587864 574220 10210 3434 35017 23908 11109 1713296 1713296 4559771 4559771 932594 932594 Contract Facilities 4575931 4575931 Contract Food Service 3386851 3386851 Academic/Student Servic 1962461 1962461 Miscellaneous Expense 1638617 1376320 154647 107650 94964653 90035903 3392460 1536290 6249761 2215180 2436896 3326085 3066614 1309269 1400837 1619321 1267054 208484 211582 844645 1062215 154837839 117103482 41192605 37734357 77032175 65111100 21665917 17653672 153448262 132159507 5788264 5884326 1255535 1019270 37464988 36612484 125932 120841 6461457 6540322 51096176 50177243 X 2725471 -3395932 99626615 85378196 102352086 81982264 153448262 132159507 X -7375640 -9481865 -3512317 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 94964653 94964653 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 77345328 1257110 -2153837 4210158 7136081 65102362 69576602 1653434 19418516 6949111 6245527 108586 77345328 76792235 742177 -1304127 3533680 3010172 109831 69576602 77304468 945042 6065775 3998062 3405757 119231 76792235 74348342 1349261 7187207 2835772 2618557 125013 77304468 0.04991 0.67689 0.27320 1 0 614573 614573 103502766 72640837 30861929 29310043 27131762 2178281 21410457 17330883 4079574 37734357 Interest in Split-Interest Agreements 16622209 Right of Use Assets, Net-Financing 1031463 17653672 Conditional Asset Retirment Obligation 3870399 Federal Student Loan Funds 1686770 Lease Obligations 983153 6540322 37014067 -9481865 54481 -9427384 46441451 105292 41042270 41147562 87589013 57383889 54481 54481 57329408 105292 37529953 37635245 94964653 Part V, Line 4: To fulfill the purpose designated by the donor to support college operations and activities such as scholarships, research, museum, academics and plant improvements. Part XI, Line 2d - Other Adjustments: Rental Expenses 54,481. Part XI, Line 4b - Other Adjustments: Change in Value of Split Interest Agreements 3,512,317. Scholarships/Aid 37,529,953. Part XII, Line 2d - Other Adjustments: Rental Expenses 54,481. Part XII, Line 4b - Other Adjustments: Scholarships/Aid 37,529,953. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Statement of non-discrimination is published on the application for admission. Schedule E, Part I, Line 6 Hartwick College recieves various government grants. Among them are: COVID-19 Higher Education Emergency Relief Fund SEOG and Pell Grants Federal Work Study Grants 1 Academic Merit Scholarships 224 1302955 Hartwick College Grant In Aid 911 36172154 Match of SEOG Grants 206 54844 Higher Education Emergency Relief Fund Grants 784 1700499 Part I, Line 2: The Office of Financial Aid awards grants to students that are applied to the student's account. Grants are awarded based on need or merit. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Margaret Drugovich President 448492 0 0 0 14274 0 114900 0 29092 0 606758 0 0 0 Karen Zuill VP Finance/Assistant Treasurer 162942 0 0 0 0 0 11456 0 52575 0 226973 0 0 0 Karen McGrath Senior VP - Enrollment & Student Exp 202431 0 0 0 5000 0 13664 0 3258 0 224353 0 0 0 Paula Lee Hobson VP College Advancement 170848 0 0 0 5000 0 12425 0 16139 0 204412 0 0 0 Barbara Feldman Interim VP for Academic Affairs 171117 0 0 0 11000 0 10392 0 1109 0 193618 0 0 0 Part I, Line 1a The College provides a residence for the President to entertain and conduct College business along with personal use. Social club dues are paid for the President. Housekeeping service was available to the President. Part I, Line 4b The President, Margaret Drugovich participates in a nonqualified deferred benefit plan. In 2021 the College provided $94,600 in funding for this plan which is held in a rabbi trust. A Otsego Industrial Development Agency 263661593 689090AP3 2015-04-23 39585000 Refund Prior Issue, Building 0 0 0 A 4145000 39585000 14672500 987752 26654048 50037 2018 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 0 Date Rebate Computation Performed Issuer Name: Otsego Industrial Development Agency Date the Rebate Computation was Performed: 07/07/2022 Elizabeth P Steele Spouse of President 86000 Compensation 0 X 9 283391 Fair Market Value X Pianos 3 65855 Professional Apprais 3 0 1 0 Form 990, Part VI, Section B, line 11b Form 990 was prepared by BerryDunn and reviewed by the Controller and VP for Finance/Assistant Treasurer. The complete Form 990 including required schedules with the exception of Schedule B was provided to all Board members and officers electronically. The Schedule B provided electronically was the public disclosure copy which excludes donors names. Board members discussed any questions with the finance staff and the Audit and Compliance Committee passed a resolution to accept the 990 prior to filing. Form 990, Part VI, Section B, line 12c The Audit and Compliance Committee requires annual conflict of interest statements from all Board members and senior management. The chair of the Audit and Compliance Committee reviews all forms and reports back to the committee any findings of conflict. Potential conflicts are directed to the Audit and Compliance Committee. A dollar amount of $10,000 or greater is deemed a potential conflict. Any individuals with a conflict are required to recuse themselves from any discussion or voting that involves the related transaction. Form 990, Part VI, Section B, line 15 The compensation of the President is recommended by a Presidential Compensation Committee to the Executive Committee who review and approve the compensation. The Compensation Committee reviews the President's performance, hires a compensation consultant and uses the CUPA-HR compensation survey as a tool for comparable salaries. The Human Resource Advancement Committee independently reviews senior management compensation using CUPA salary comparatives of peer and aspirational private universities. Form 990, Part VI, Section C, line 19 The College's governing documents, conflict of interest policy and financial statements are available upon request or by inspection at the College President's office. Form 990, Part XI, line 9: Change in Value of Split-Interest Agreement -3,512,317.