2023-05-15T23:16:28-05:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2021-07-01 131740468 MANHATTAN COLLEGE MANH 7188627349 4513 MANHATTAN COLLEGE PARKWAY RIVERDALE NY 104714098 MATTHEW MCMANNESS VICE PRESDIENT FINANCE 7188627349 2023-05-15 1 MATTHEW MCMANNESS 999009999 GARRETT M HIGGINS P00543209 9143818900 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z BROTHER DANIEL GARDNER F 4513 MANHATTAN COLLEGE PARKWAY RIVERDALE NY 104714098 222810425 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. 29 28 1916 700 0 0 31889091 35017652 177111567 179791354 2909741 3136188 996432 3749173 212906831 221694367 74240605 77361527 0 0 83758046 79747029 0 0 5720897 54017922 56506400 212016573 213614956 890258 8079411 442965957 427436173 121812515 121047916 321153442 306388257 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 178329267 77361527 155440807 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. 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 3,500 UNDERGRADUATE AND 600 GRADUATE STUDENTS. 10422062 0 24350547 AUXILIARY SERVICES INCLUDE THE COST OF ROOM AND BOARD FOR APPROXIMATELY 1,106 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. 188751329 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 1 415 0 1916 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X DENNIS LONERGAN 7188627349 4513 MANHATTAN COLLEGE PARKWAY RIVERDALE NY 104714098 DR BRENNAN O'DONNELL PRESIDENT 40.00 X X 921965 0 56174 WILLIAM DOOLEY TRUSTEE, CHAIR 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 JOHN BANKS III TRUSTEE THROUGH OCT. 2021 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 BR CARLOS GOMEZ RESTREPO FSC TRUSTEE THROUGH DEC 2021 1.00 X 0 0 0 MOIRA KILCOYNE TRUSTEE THROUGH MAY 2022 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 LYNN MARTIN TRUSTEE 1.00 X 0 0 0 JOHN MCAVOY TRUSTEE 1.00 X 0 0 0 FREDRIC MARRO 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 JAMES S MOTHERWAY TRUSTEE 1.00 X 0 0 0 PETER M MULDERRY TRUSTEE THROUGH OCT. 2021 1.00 X 0 0 0 SUNI MUNSHANI TRUSTEE 1.00 X 0 0 0 PETER M MUSUMECI JR TRUSTEE THROUGH 1.00 X 0 0 0 ROBERT PULVER TRUSTEE THROUGH AUG. 2021 1.00 X 0 0 0 MILO RIVERSO TRUSTEE 1.00 X 0 0 0 ANTHONY SCALA TRUSTEE 1.00 X 0 0 0 STEPHEN SQUERI TRUSTEE 1.00 X 0 0 0 BR ROBERT SMITH FSC TRUSTEE 1.00 X 0 0 0 MATTHEW MCMANNESS VICE PRESIDENT FINANCE, TREASURER 40.00 X 355915 0 49460 THOMAS MAURIELLO VICE PRESIDENT, ASSISTANT TREASURER 40.00 X 295396 0 95818 BARBARA FABE VICE PRESIDENT, SECRETARY 40.00 X 198016 0 25786 DENNIS LONERGAN AVP FINANCE AND CONTROLLER, ASSISTANT TREASURER 40.00 X 180306 0 31380 STEPHEN SCHREINER PROVOST 40.00 X 301340 0 72749 STEPHEN MASIELLO HEAD COACH, MEN'S BASKETBALL 40.00 X 427194 0 47856 TAMARA BRITT IN HOUSE COUNSEL 40.00 X 266137 0 87796 DONALD GIBSON DEAN 40.00 X 244424 0 46315 COLETTE GEARY VP ENROLLMENT MANAGEMENT 40.00 X 228795 0 43343 TIMOTHY WARD DEAN 40.00 X 260731 0 8720 3680219 0 565397 174 0 1 0 ARAMARK SERVICES 27310 NETWORK PLACE CHICAGO IL 60673 FACILITIES AND FOOD SERVICE 18552341 PAVARINI NORTH EAST CONSTRUCTION CO IN 30 OAK STREET STAMFORD CT 06905 CONSTRUCTION 2120101 EDUCATION ADVISORY BOARD PO BOX 603519 CHARLOTTE NC 28260 RECRUITMENT SERVICE 834217 AD LINE NYC INC 1617 66TH STREET BROOKLYN NY 11204 CONSTRUCTION 547632 ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 INFORMATION TECHNOLOGY 442094 42 2409674 6171565 26436413 4476604 35017652 TUITION AND FEES 611310 155322432 155322432 AUXILIARY SERVICES 611310 24350547 24350547 YOUTH PROGRAMS 611310 107211 107211 STUDENT LOAN INTEREST 522291 11164 11164 179791354 2990110 2990110 30 30 8177 8177 767923 259619 508304 508304 508304 593508 447460 146048 146048 146048 146475 2409674 408979 -262504 -262504 500 0 500 500 INSURANCE LOSS REIMBURSEMENT 900099 3364055 3364055 OTHER REVENUE 900099 130641 130641 3494696 221694367 179791354 0 6885361 77361527 77361527 2198686 381425 1058214 759047 58456286 48101238 8282960 2072088 1765344 1705111 10592 49641 12824744 10547101 1902167 375476 4501969 3646473 675424 180072 340663 340663 28900 28900 122011 122011 5615198 4512098 986889 116211 1025886 182000 217249 626637 2031170 1079305 591026 360839 2114041 1358400 715610 40031 13361839 11877029 1124292 360518 2944036 2693415 63634 186987 222160 207922 6227 8011 3635596 3307983 291815 35798 11713767 10778629 819796 115342 1588212 371314 1139476 77422 FOOD SERVICE 8030864 7898344 64239 68281 MAINTENANCE & SUPPLIES 1926649 1680405 214333 31911 BOOKS & PRINTING 787704 736597 14817 36290 BAD DEBT EXPENSE 349086 225000 124086 668618 325013 247396 96209 213614956 188751329 19142730 5720897 18168022 26163399 14190146 9707186 20934214 25780371 1041468 3264085 58060 35346 322774 141980 419817055 189105529 238853356 230711526 139097469 122691848 8140380 7071415 648076 539362 1511992 1329655 442965957 427436173 14386954 14372845 8417115 9642882 94010855 92066977 4997591 4965212 121812515 121047916 X 152691014 144385229 168462428 162003028 321153442 306388257 442965957 427436173 X 8079411 -22769596 -75000 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 148203095 18358324 -19424420 3174470 5270564 138691965 119179757 5596784 27258018 3087690 743774 148203095 110787779 4011740 7131554 2087377 663939 119179757 100562380 5281115 7693998 2127427 622287 110787779 89820922 6708220 6499143 1926873 539032 100562380 1.00000 0 0 5762097 5762097 363136025 149225651 213910374 4433907 4033920 399987 37432680 34201753 3230927 9052346 1644205 7408141 230711526 LIABILITIES UNDER PLANNED GIVING AGREEMENTS 937236 ASSET RETIREMENT OBLIGATION 1919000 CAPITAL LEASE LIABILITY 1286428 U.S. GOVERNMENT GRANTS REFUNDABLE 822548 4965212 X 122109831 -22769596 668598 -22100998 144210829 122011 77361527 77483538 221694367 136875016 743598 743598 136131418 122011 77361527 77483538 213614956 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, 2022 AND 2021, THE COLLEGE HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 259,619. FUNDRAISING EVENT EXPENSES REPORTED IN PART VIII 408,979. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NET WITH REVENUE ON FINANCIAL STATEMENTS 77,361,527. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 259,619. FUNDRAISING EVENT EXPENSES REPORTED IN PART VIII 408,979. WRITE OFF OF PRIOR YEAR UNCOLLECTIBLE PLEDGE 75,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NET WITH REVENUE ON FINANCIAL STATEMENTS 77,361,527. 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. THE COLLEGE ALSO RECEIVED FINANCIAL AID UNDER THE CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY (CARES) ACT. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 4209811 0 0 0 0 0 0 4209811 0 4209811 0 0 1 1 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART I, LINE 3: THE COLLEGE WAS NOT REQUIRED TO FILE FORM 5471 SINCE IT DID NOT MEET THE FILING REQUIREMENTS FOR THAT FORM. DE LA SALLE DINNER 2427194 2327994 99200 1362 301965 39507 JASPER OPEN 128955 81680 47275 17329 41345 7471 2556149 2409674 146475 18691 343310 46978 408979 -262504 1 COLLEGE FUNDED SCHOLARSHIPS 2924 72649517 ENDOWED SCHOLARSHIPS 550 3174470 GOVERNMENT GRANT AND PRIVATE GIFT FUNDED SCHOLARSHIPS 243 1537540 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 X X X X 0 1 0 0 0 0 0 0 0 DR BRENNAN O'DONNELL PRESIDENT 437725 0 0 0 484240 0 11100 0 45074 0 978139 0 0 0 STEPHEN MASIELLO HEAD COACH, MEN'S BASKETBALL 327194 0 100000 0 0 0 8359 0 39497 0 475050 0 0 0 MATTHEW MCMANNESS VICE PRESIDENT FINANCE, TREASURER 345715 0 0 0 10200 0 9833 0 39627 0 405375 0 0 0 THOMAS MAURIELLO VICE PRESIDENT, ASSISTANT TREASURER 295396 0 0 0 0 0 8391 0 87427 0 391214 0 0 0 STEPHEN SCHREINER PROVOST 301340 0 0 0 0 0 8596 0 64153 0 374089 0 0 0 TAMARA BRITT IN HOUSE COUNSEL 226537 0 0 0 39600 0 4292 0 83504 0 353933 0 0 0 DONALD GIBSON DEAN 244424 0 0 0 0 0 6818 0 39497 0 290739 0 0 0 COLETTE GEARY VP ENROLLMENT MANAGEMENT 228795 0 0 0 0 0 10799 0 32544 0 272138 0 0 0 TIMOTHY WARD DEAN 259231 0 0 0 1500 0 7060 0 1660 0 269451 0 0 0 BARBARA FABE VICE PRESIDENT, SECRETARY 198016 0 0 0 0 0 5481 0 20305 0 223802 0 0 0 DENNIS LONERGAN AVP FINANCE AND CONTROLLER, ASSISTANT TREASURER 180306 0 0 0 0 0 4896 0 26484 0 211686 0 0 0 SCHEDULE J, PART I, LINE 4B DR. BRENNAN O'DONNELL RECEIVED A DISTRIBUTION FROM A 457F PLAN AS REPORTED IN PART II, COLUMN B(III). A BUILD NYC RESOURCE CORPORATION 454040561 12008EMZ6 2013-08-06 101268446 TO PAY CONSTRUCTION COSTS OF STEM BUILDING, REFUND BONDS ISSUED 8/6/2013 0 0 0 A 6090000 101458247 161046 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. X 23 4476604 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 PROCESS IN 2019 TO APPROVE THE RENEWAL OF THE PRESIDENT'S EMPLOYMENT AGREEMENT CONSISTED OF 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. IN ORDER FOR THE TRUSTEES TO CONSIDER CONTRACT TERMS AND COMPENSATION, DATA WAS COMPILED OF PRESIDENTS' COMPENSATION FROM 25-30 COLLEGES DEEMED TO BE SIMILAR TO MANHATTAN COLLEGE, PLUS THE CUPA ADMINISTRATIVE COMPENSATION SURVEY. THE TRUSTEES ALSO HAD ACCESS TO A SUMMARY OF THE VALUE OF CURRENT COMPENSATION FOR THE PRESIDENT AND KNOWLEDGE OF THE PRESIDENT'S PERFORMANCE AND ACHIEVEMENTS FOR THE COLLEGE. AFTER REVIEW AND CONSIDERATION OF THESE FACTORS, THE SUB-COMMITTEE PRESENTED THE DATA AND PROPOSED EMPLOYMENT AGREEMENT TERMS TO THE EXECUTIVE COMMITTEE, WHICH IN TURN PRESENTED 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. IN 2019, AN OUTSIDE CONSULTANT SPECIALIZING IN HIGHER EDUCATION EXECUTIVE COMPENSATION REVIEWED THE SALARIES OF THE SECRETARY, TREASURER, ASSISTANT TREASURER, PROVOST, AND VICE PRESIDENT FOR FACILITIES. 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. IN 2019, AN OUTSIDE CONSULTANT SPECIALIZING IN HIGHER EDUCATION EXECUTIVE COMPENSATION REVIEWED THE SALARIES OF THE SECRETARY, TREASURER, ASSISTANT TREASURER, PROVOST AND VICE PRESIDENT FOR FACILITIES. 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 XI, LINE 9: WRITE OFF OF PRIOR YEAR UNCOLLECTIBLE PLEDGE -75,000. 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.