DOMINICAN UNIVERSITY NEW YORK: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- DOMINICAN UNIVERSITY NEW YORK (EIN 13-1967322)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-13
- IRS object ID
- 202201339349306815
- Schema version
- 2020v4.2
- 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 C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-13T13:49:48-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 366055558 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE 3RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131967322 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOMINICAN COLLEGE OF BLAUVELT NY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DOMI | BusinessNameControlTxt |
| Phone | 8458487814 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 WESTERN HIGHWAY | AddressLine1Txt |
| City | ORANGEBURG | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10962 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANTHONY CIPOLLA | PersonNm |
| Person Title | VP FINANCIAL AFFAIRS | PersonTitleTxt |
| Phone | 8458487814 | PhoneNum |
| Signature | 2022-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ANTHONY | PersonFirstNm |
| Person Last | CIPOLLA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT THOMPSETT | PreparerPersonNm |
| PTIN | P00741490 | PTIN |
| Phone | 2125990100 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SR MARY EILEEN O'BRIEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 WESTERN HIGHWAY | AddressLine1Txt |
| City | ORANGEBURG | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10962 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $61,052,626 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 0928 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.DC.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1952 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | PROMOTE EDUCATIONAL EXCELLENCE, LEADERSHIP, & SERVICE VIA A STRONG COMMITMENT TO OUR STUDENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 723 | TotalEmployeeCnt |
| Total Volunteers | 240 | TotalVolunteersCnt |
| Total Gross UBI | $4,388 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,111,043 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,372,012 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $55,245,174 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $53,159,672 | CYProgramServiceRevenueAmt |
| PY Investment Income | $244,684 | PYInvestmentIncomeAmt |
| CY Investment Income | $243,512 | CYInvestmentIncomeAmt |
| PY Other Revenue | $397,108 | PYOtherRevenueAmt |
| CY Other Revenue | $208,613 | CYOtherRevenueAmt |
| PY Total Revenue | $60,998,009 | PYTotalRevenueAmt |
| CY Total Revenue | $60,983,809 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $17,909,910 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $18,449,322 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $23,119,218 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $21,466,361 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $57,550 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $133,650 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $900,016 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $17,149,280 | PYOtherExpensesAmt |
| CY Other Expenses | $17,748,489 | CYOtherExpensesAmt |
| PY Total Expenses | $58,235,958 | PYTotalExpensesAmt |
| CY Total Expenses | $57,797,822 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,762,051 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,185,987 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $67,958,899 | TotalAssetsBOYAmt |
| Total Assets EOY | $75,157,140 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $38,794,975 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $41,045,174 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $29,163,924 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $34,111,966 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $50,282,031 | ExpenseAmt |
| Grant | $18,449,322 | GrantAmt |
| Revenue | $53,186,060 | RevenueAmt |
| Desc | SEE SCHEDULE O. DOMINICAN COLLEGE WAS FOUNDED IN 1952 BY THE SISTERS OF ST. DOMINIC OF BLAUVELT AND CONTINUES TO SERVE APPROXIMATELY 2,000 STUDENTS AS A PRIVATE, COEDUCATIONAL INSTITUTION, PROUD OF ITS DOMINICAN AND CATHOLIC TRADITION. THE COLLEGE IS COMMITTED TO MAINTAINING ITS VALUE-CENTERED, STUDENT-ORIENTED FOCUS. WITH A STUDENT/FACULTY RATIO OF 12 TO 1, EACH PERSON RECEIVES THE ASSISTANCE AND CHALLENGE SHE OR HE NEEDS TO REALIZE PERSONAL ASPIRATIONS AND TO BECOME A CONTRIBUTING CITIZEN. THE COLLEGE IS A LIBERAL ARTS INSTITUTION WHICH PROVIDES PROFESSIONAL PROGRAMS IN TEACHER EDUCATION, ATHLETIC TRAINING, SOCIAL WORK, BUSINESS ADMINISTRATION AND THE HEALTH CARE PROFESSIONS OF NURSING AND OCCUPATIONAL AND PHYSICAL THERAPY. OVER THIRTY PROGRAMS, MANY OF WHICH ARE NATIONALLY ACCREDITED, ARE OFFERED ON THE UNDERGRADUATE AND MASTER'S LEVEL. THE 16,000 MEMBERS OF OUR ALUMNI MAKE A SIGNIFICANT DIFFERENCE IN THE HOSPITALS, SCHOOLS AND BUSINESSES WHERE THEY SERVE. DOMINICAN COLLEGE IS AN ACADEMIC COMMUNITY COMMITTED TO FOSTERING THE VALUES OF EXCELLENCE, LEADERSHIP AND SERVICE IN ITS CURRICULAR AND EXTRA-CURRICULAR PROGRAMS. A MEMBER OF NCAA, DIVISION II, THE ATHLETIC DEPARTMENT SPONSORS SEVENTEEN COMPETITIVE SPORTS DURING THE FALL AND SPRING SEMESTERS. THE STUDENT BODY IS RICHLY DIVERSE AND IS COMPOSED OF TRADITIONAL AND NON-TRADITIONAL AGED STUDENTS WHO COMMUTE OR RESIDE ON CAMPUS. SPECIAL PROGRAMS EXIST FOR ADULT LEARNERS WHO WORK FULL TIME WHILE ATTENDING ACCELERATED PROGRAMS IN THE EVENING OR ON WEEKENDS. | Desc |
| Total Program Service Expenses | $50,282,031 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 56 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 723 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANTHONY CIPOLLA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8458487814 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 WESTERN HIGHWAY | AddressLine1Txt |
| City | ORANGEBURG | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10962 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| SR MARY EILEEN O'BRIEN OP | ||||||||
| PRESIDENT | 35.00 | 0.00 | Yes (X) | Yes (X) | $251,177 | $0 | $20,188 | |
| SR KATHLEEN SULLIVAN OP | ||||||||
| CHANCELLOR | 35.00 | 0.00 | Yes (X) | $119,927 | $0 | $20,188 | ||
| STEVEN T SABATINI | ||||||||
| CHAIRPERSON | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN BARTOLOTTA | ||||||||
| TRUSTEE | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL K BREEN ESQ | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SR MARY ANN COLLINS OP | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SR MICHAELA CONNOLLY | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| P JOSEPH CORLESS | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES D'AMBROSIO | ||||||||
| TRUSTEE (THRU 03/2021) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN T DILLON JR | ||||||||
| TRUSTEE | 7.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR JOAN H FACELLE MD | ||||||||
| VICE CHAIRPERSON | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SR MARY FLOOD OP MD PH | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR JOHN FLYNN | ||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR BERNADETTE KAPPEN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY LEAHY | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LILIANA LOPEZ | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER MAHONEY | ||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KENNETH R MARKS | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL MCLAUGHLIN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS MCNAMARA | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PAT MIELE | ||||||||
| TRUSTEE | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES O'BRIEN | ||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RON OLORI JR | ||||||||
| TRUSTEE (AS OF 07/2020) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR CLEMENT Y OSEI MD | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROSS PEPE | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL PERRY | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN QUINN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL SANTOS | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL SHILALE | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR ERINMARIE SULLIVAN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES T TOOLEN | ||||||||
| TRUSTEE | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SR NOREEN WALSH | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SR BARBARA WERNER | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DOROTHY C FILORAMO | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM GOVE | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANTHONY J CIPOLLA | ||||||||
| VP FINANCIAL AFFAIRS | 35.00 | 0.00 | Yes (X) | $149,949 | $0 | $23,575 | ||
| THOMAS NOWAK | ||||||||
| VP OF ACADEMIC AFFAIRS | 35.00 | 0.00 | Yes (X) | $148,262 | $0 | $23,260 | ||
| MICHAEL KELLY | ||||||||
| DIRECTOR OF GRADUATE STUDIES | 35.00 | 0.00 | $149,153 | $0 | $22,033 | Yes (X) | ||
| JOSEPH VALENTI | ||||||||
| VP INSTITUTIONAL ADVANCEMENT | 35.00 | 0.00 | $147,353 | $0 | $19,725 | Yes (X) | ||
| BRIAN FERNANDES | ||||||||
| VP OF ENROLLMENT | 35.00 | 0.00 | $138,730 | $0 | $23,254 | Yes (X) | ||
| RUSSELL DIAZ | ||||||||
| EXECUTIVE DIRECTOR OF IT | 35.00 | 0.00 | $134,503 | $0 | $22,661 | Yes (X) | ||
| JOHN BURKE | ||||||||
| VP FOR STUDENT AFFAIRS | 35.00 | 0.00 | $126,138 | $0 | $22,694 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,365,192 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $197,578 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 18 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CHARTWELLS DINING SERVICES | |||||
| 16100 W 127TH STREET | LEMONT | IL | 60439 | DINING SERVICES | $2,737,729 |
| ARAMARK SERVICES INC | |||||
| 51 S PEARL ST STE 17 | ALBANY | NY | 12207 | FACILITIES MANAGEMENT | $2,411,396 |
| ALLIED UNIVERSAL SECURITY SERVICES | |||||
| 50 JACKSON AVE 2ND FL | SYOSSET | NY | 11791 | CONTRACT SECURITY | $357,935 |
| SUNRISE LANDSCAPING SERVICES INC | |||||
| 59 CONCORD DRIVE | TAPPAN | NY | 10983 | LANDSCAPING SERVICES | $235,459 |
| PASKILL STAPLETON & LORD INC | |||||
| 1 ROBERTS AVE | GLENSIDE | PA | 19038 | MARKETING SERVICES | $233,501 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 21 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $200,105 | FundraisingAmt |
| Government Grants | $6,369,250 | GovernmentGrantsAmt |
| All Other Contributions | $802,657 | AllOtherContributionsAmt |
| Noncash Contributions | $1,880 | NoncashContributionsAmt |
| Total Contributions | $7,372,012 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| TUITION AND FEES | 900099 | $47,372,165 | $47,372,165 | ||
| ROOM & BOARD(AUX ENT.) | 611710 | $5,787,507 | $5,784,730 | $0 | $2,777 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $53,159,672 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $243,512 | TotalRevenueColumnAmt |
| Exclusion | $243,512 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,027 | TotalRevenueColumnAmt |
| Exclusion | $25,027 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $85,300 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $85,300 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $85,300 | TotalRevenueColumnAmt |
| Exclusion | $85,300 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $20,700 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $200,105 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $66,317 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$45,617 | TotalRevenueColumnAmt |
| Exclusion | -$45,617 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $4,750 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $2,500 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,250 | TotalRevenueColumnAmt |
| Exclusion | $2,250 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| REFUNDS/REIMBURSEMENTS | 900099 | $33,871 | $0 | $0 | $33,871 |
| APPLICATION FEES | 900099 | $28,740 | $28,740 | $0 | $0 |
| PARKING & MISC. FEES | 900099 | $2,414 | $0 | $0 | $2,414 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $76,628 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $425 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $4,388 | UnrelatedBusinessRevenueAmt |
| Exclusion | $71,815 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $141,653 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,983,809 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $53,186,060 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $4,388 | UnrelatedBusinessRevenueAmt |
| Exclusion | $421,349 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,449,322 | TotalAmt |
| Program Services | $18,449,322 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $658,384 | TotalAmt |
| Program Services | $137,520 | ProgramServicesAmt |
| Management And General | $520,864 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,796,245 | TotalAmt |
| Program Services | $14,189,917 | ProgramServicesAmt |
| Management And General | $2,066,506 | ManagementAndGeneralAmt |
| Fundraising | $539,822 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,810,165 | TotalAmt |
| Program Services | $2,357,168 | ProgramServicesAmt |
| Management And General | $364,166 | ManagementAndGeneralAmt |
| Fundraising | $88,831 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,201,567 | TotalAmt |
| Program Services | $1,006,071 | ProgramServicesAmt |
| Management And General | $158,071 | ManagementAndGeneralAmt |
| Fundraising | $37,425 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,168 | TotalAmt |
| Management And General | $41,168 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,004 | TotalAmt |
| Management And General | $162,004 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,600 | TotalAmt |
| Management And General | $117,600 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,650 | TotalAmt |
| Fundraising | $133,650 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,843 | TotalAmt |
| Management And General | $54,843 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,242,686 | TotalAmt |
| Management And General | $1,242,686 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,329,657 | TotalAmt |
| Program Services | $1,138,666 | ProgramServicesAmt |
| Management And General | $165,826 | ManagementAndGeneralAmt |
| Fundraising | $25,165 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,457 | TotalAmt |
| Program Services | $213,282 | ProgramServicesAmt |
| Management And General | $31,061 | ManagementAndGeneralAmt |
| Fundraising | $8,114 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $466,259 | TotalAmt |
| Program Services | $393,908 | ProgramServicesAmt |
| Management And General | $57,366 | ManagementAndGeneralAmt |
| Fundraising | $14,985 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,044,019 | TotalAmt |
| Program Services | $3,830,389 | ProgramServicesAmt |
| Management And General | $213,630 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,270 | TotalAmt |
| Program Services | $42,469 | ProgramServicesAmt |
| Management And General | $6,185 | ManagementAndGeneralAmt |
| Fundraising | $1,616 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,442 | TotalAmt |
| Program Services | $7,553 | ProgramServicesAmt |
| Management And General | $850 | ManagementAndGeneralAmt |
| Fundraising | $1,039 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,001,494 | TotalAmt |
| Program Services | $781,165 | ProgramServicesAmt |
| Management And General | $220,329 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,315,232 | TotalAmt |
| Program Services | $2,236,514 | ProgramServicesAmt |
| Management And General | $41,674 | ManagementAndGeneralAmt |
| Fundraising | $37,044 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $616,262 | TotalAmt |
| Program Services | $366,676 | ProgramServicesAmt |
| Management And General | $237,261 | ManagementAndGeneralAmt |
| Fundraising | $12,325 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT FOOD SERVICES | $2,225,715 | $2,225,715 | $0 | $0 |
| COVID RELIEF/PPE EXP. | $1,301,114 | $1,301,114 | ||
| BAD DEBT EXPENSE | $546,861 | $0 | $546,861 | $0 |
| SECURITY SERVICES | $544,550 | $490,095 | $54,455 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,426,856 | TotalAmt |
| Program Services | $1,114,487 | ProgramServicesAmt |
| Management And General | $312,369 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,797,822 | TotalAmt |
| Program Services | $50,282,031 | ProgramServicesAmt |
| Management And General | $6,615,775 | ManagementAndGeneralAmt |
| Fundraising | $900,016 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,570 | BOYAmt |
| EOY | $1,570 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,432,607 | BOYAmt |
| EOY | $5,086,323 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,498 | BOYAmt |
| EOY | $104,066 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,258,638 | BOYAmt |
| EOY | $2,328,171 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,492 | BOYAmt |
| EOY | $94,301 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $200,175 | BOYAmt |
| EOY | $215,121 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $89,662,685 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $38,355,845 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,387,850 | BOYAmt |
| EOY | $51,306,840 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,451,242 | BOYAmt |
| EOY | $9,782,565 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $978,827 | BOYAmt |
| EOY | $6,238,183 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,958,899 | BOYAmt |
| EOY | $75,157,140 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,939,131 | BOYAmt |
| EOY | $1,748,360 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,065,873 | BOYAmt |
| EOY | $4,683,220 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,025,670 | BOYAmt |
| EOY | $26,817,036 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,262,161 | BOYAmt |
| EOY | $2,457,884 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,502,140 | BOYAmt |
| EOY | $5,338,674 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,794,975 | BOYAmt |
| EOY | $41,045,174 | 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 | $25,662,702 | BOYAmt |
| EOY | $29,833,422 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,501,222 | BOYAmt |
| EOY | $4,278,544 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,163,924 | BOYAmt |
| EOY | $34,111,966 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,958,899 | BOYAmt |
| EOY | $75,157,140 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,185,987 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,762,055 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $117,600 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $117,600 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE DOES NOT UNDERTAKE ANY DIRECT LOBBYING ACTIVITIES. THE COLLEGE IS A MEMBER IN SEVERAL HIGHER EDUCATION ASSOCIATIONS TO WHICH IT PAYS DUES. WHILE THE COLLEGE ACKNOWLEDGES THAT A PORTION OF ITS ANNUAL MEMBERSHIP DUES MAY BE RELATED TO NON-DEDUCTIBLE LOBBYING ACTIVITIES, NO ACCURATE QUANTIFICATION OF THAT AMOUNT HAS BEEN RECEIVED FROM THE RESPECTIVE INSTITUTIONS. THE COLLEGE DOES ENGAGE THE SERVICES OF A CONSULTING FIRM, EMPIRE STRATEGIES LTD, THAT UNDERTAKES CERTAIN ADVOCACY ENDEAVORS ON THE COLLEGE'S BEHALF. EMPIRE STRATEGIES LTD WAS PAID $117,600 (SEE PART IX, LINE 11(D)) TO PROVIDE LEGISLATIVE AND REGULATORY REPRESENTATION ON VARIOUS HIGHER EDUCATION ISSUES. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $2,280,490 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | Yes (1) | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,224,291 | BeginningYearBalanceAmt |
| Contributions | $822,452 | ContributionsAmt |
| Investment Earnings Or Losses | $1,857,779 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $9,904,522 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,578,259 | BeginningYearBalanceAmt |
| Contributions | $472,302 | ContributionsAmt |
| Investment Earnings Or Losses | $173,730 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $7,224,291 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,549,764 | BeginningYearBalanceAmt |
| Contributions | $688,772 | ContributionsAmt |
| Investment Earnings Or Losses | $339,723 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,578,259 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,532,819 | BeginningYearBalanceAmt |
| Contributions | $763,182 | ContributionsAmt |
| Investment Earnings Or Losses | $253,763 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $5,549,764 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,514,705 | BeginningYearBalanceAmt |
| Contributions | $138,251 | ContributionsAmt |
| Investment Earnings Or Losses | $246,161 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $366,298 | OtherExpendituresAmt |
| End Year Balance | $4,532,819 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.63430 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.23000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.13570 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,674,432 | OtherCostOrOtherBasisAmt |
| Book Value | $4,674,432 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $68,385,819 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,135,000 | DepreciationAmt |
| Book Value | $43,250,819 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,255,359 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,557,852 | DepreciationAmt |
| Book Value | $697,507 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,347,075 | OtherCostOrOtherBasisAmt |
| Depreciation | $662,993 | DepreciationAmt |
| Book Value | $2,684,082 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $51,306,840 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RIGHT-OF-USE ASSETS | $5,237,425 |
| DEPOSITS | $856,988 |
| OTHER RECEIVABLES | $143,770 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $6,238,183 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| OPERATING LEASE LIABILITIES | $4,778,003 |
| FINANCING AND CAPITAL LEASE LIABILITIES | $283,500 |
| REFUNDABLE GRANTS | $277,171 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,338,674 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $45,207,470 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,762,055 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $68,817 | OtherRevenueAmt |
| Revenue Not Reported | $1,830,872 | RevenueNotReportedAmt |
| Revenue Subtotal | $43,376,598 | RevenueSubtotalAmt |
| Other Revenues Not Included | $17,607,211 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $17,607,211 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $60,983,809 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $40,259,428 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $68,817 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $68,817 | ExpensesNotReportedAmt |
| Expenses Subtotal | $40,190,611 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $17,607,211 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $17,607,211 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $57,797,822 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | COLLECTIONS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS THE COLLEGE OCCASIONALLY RECEIVES DONATIONS OF ARTWORK THAT IT INTENDS TO USE IN FULFILLMENT OF ITS TAX-EXEMPT MISSION, EITHER BY DISPLAYING THE ARTWORK ON CAMPUS FOR THE ENJOYMENT OF ITS STUDENTS, FACULTY AND VISITORS, OR FOR INTEGRATION INTO THE COLLEGE'S ART CURRICULUM. |
| PART V, LINE 4: | ENDOWMENT FUNDS THE COLLEGE'S SCHOLARSHIP ENDOWMENT IS INTENDED TO SUPPORT THE COLLEGE'S EDUCATIONAL MISSION, TO SUPPORT ITS STUDENT ACTIVITIES AND PROGRAMS AND TO PRESERVE AND FOSTER THE COLLEGE'S TRADITIONS. THE FUND'S PRINCIPAL IS INTENDED TO REMAIN UNTOUCHED, WHILE THE EARNINGS ARE DEDICATED TO THE CONTINUANCE AND ENHANCEMENT OF THE EDUCATION OF THE COLLEGE'S STUDENTS. THE QUASI-ENDOWMENT IS A BOARD DESIGNATED FUND TO HELP PROVIDE FOR THE FUTURE NEEDS OF THE COLLEGE. PART IX, RIGHT-OF-USE ASSETS, LINE 1: THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") IMPLEMENTED A NEW LEASE ACCOUNTING STANDARD THAT BECAME EFFECTIVE FOR DOMINICAN COLLEGE IN THE YEAR ENDING JUNE 30, 2021. THIS ACCOUNTING STANDARD WAS EFFECTUATED TO IMPROVE THE TRANSPARENCY SURROUNDING KEY INFORMATION PERTAINING TO AN EXEMPT ORGANIZATION'S LEASING ARRANGEMENTS (AND TO ENSURE THAT ALL ORGANIZATIONS WERE RECORDING THE TRANSACTIONS UNIFORMLY ON THEIR BALANCE SHEETS). THE INCREASE IN ASSETS AND LIABILITIES REPORTED ON THE COLLEGE'S BALANCE SHEET IS A FUNCTION OF THE COLLEGE COMPLYING WITH THE NEW ACCOUNTING PRONOUNCEMENT. THE COLLEGE HAS BOOKED A RIGHT-OF-USE ASSET (AND CORRESPONDING LIABILITY) ON ITS BALANCE SHEET IN EXCESS OF $100M. |
| PART X, LINE 2: | INCOME TAXES THE COLLEGE FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE COLLEGE HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT WAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE COLLEGE HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RECLASSIFICATION OF EVENT EXPENSES TO OFFSET REVENUE 68,817. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RECLASSIFICATION OF SCHOLARSHIPS TO OFFSET REVENUE, 17,607,211. EXCLUDING HEERF GRANTS |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RECLASSIFICATION OF EVENT EXPENSES TO OFFSET REVENUE 68,817. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RECLASSIFICATION OF SCHOLARSHIPS TO OFFSET REVENUE, 17,607,211. EXCLUDING HEERF GRANTS |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE COLLEGE PUBLISHES ITS NONDISCRIMINATION POLICY IN SUFFICIENT MEDIA THAT WOULD ALLOW ANY MEMBER OF THE PUBLIC TO OBTAIN IT WITHOUT THE NEED FOR A SPECIFIC REQUEST. |
| SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVES STATE GRANTS FROM THE NEW YORK DEPARTMENT OF EDUCATION, THE DORMITORY AUTHORITY OF THE STATE OF NEW YORK, AND FEDERAL GRANTS FROM THE NATIONAL SCIENCE FOUNDATION, THAT ARE EARMARKED TO BENEFIT CERTAIN ACADEMIC PROGRAMS OR CAPITAL PROJECTS. IN ADDITION, THE COLLEGE RECEIVED APPROXIMATELY $2.7M IN HIGHER EDUCATION EMERGENCY RELIEF FUNDING. THE HIGHER EDUCATION EMERGENCY RELIEF FUND ("HEERF") PROVIDES FUNDING TO INSTITUTIONS FOR EMERGENCY FINANCIAL AID GRANTS TO STUDENTS AS WELL AS FUNDING TO SUPPORT THE COSTS OF SHIFTING CLASSES ONLINE AND OTHER INSTITUTIONAL COSTS INCURRED RELATED TO THE PANDEMIC. THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITIES ACT ("CARES") WAS SIGNED INTO LAW ON MARCH 27, 2020 AND PROVIDED THE COLLEGE WITH FUNDING UNDER HEERF I. THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT ("CRRSAA") WAS SIGNED INTO LAW ON DECEMBER 27, 2020 AND PROVIDED THE COLLEGE WITH FUNDING UNDER HEERF II. |
| LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID (CONTINUED): | THE AMERICAN RESCUE PLAN ("ARP") WAS SIGNED INTO LAW ON MARCH 11, 2021 AND PROVIDED THE COLLEGE WITH FUNDING UNDER HEERF III. EACH OF THESE AWARDS HAS A STUDENT AID PORTION AND AN INSTITUTIONAL PORTION. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| SHEER STRATEGY LLC | ||||||||
| 3 N CARINGOM RD | NEW YORK | NY | 10956 | GRANTS APPLICATION | 0 | $0 | $65,050 | $0 |
| MCALLISTER & QUINN LLC | ||||||||
| 1030 15TH ST NW STE 590W | WASHINGTON | DC | 20005 | GRANTS APPLICATION | 0 | $0 | $68,600 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $133,650 | TotalRetainedByContractorsAmt |
| Licensed States | NY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF OUTING | Event1Nm |
| Gross Receipts Event1 | $184,405 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $163,705 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $20,700 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $49,297 | RentFacilityCostsEvent1Amt |
| Entertainment Event1 | $4,137 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $6,808 | OtherDirectExpensesEvent1Amt |
| Event2 | DINNER DANCE | Event2Nm |
| Gross Receipts Event2 | $21,900 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $21,900 | CharitableContriEvent2Amt |
| Other Direct Expenses Event2 | $682 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $14,500 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $14,500 | CharitableContriOtherEventsAmt |
| Food And Beverage Other Events | $1,654 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $1,653 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $2,086 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $220,805 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $200,105 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $20,700 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $49,297 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $1,654 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $5,790 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $9,576 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $66,317 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$45,617 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE G, PART II: | FormAndLineReferenceDesc |
| Explanation | DUE TO THE COVID-19 PANDEMIC, THE COLLEGE WAS REQUIRED TO CANCEL ITS REGULARLY SCHEDULED IN-PERSON DINNER DANCE. ALL REVENUES RECEIVED FROM THIS EVENT ARE RECORDED AS CONTRIBUTIONS. IN ADDITION, THE COLLEGE INCURRED SOME NON-REIMBURSABLE COSTS FOR THESE EVENTS AND HAS ALLOCATED THEM ACCORDINGLY IN SCHEDULE G, PART II. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| COLLEGE BASED SCHOLARSHIP | 1337 | $17,183,533 |
| FEDERAL GOVERNMENT BASED AID | 178 | $187,750 |
| PRIVATE SCHOLARSHIP | 71 | $235,928 |
| HIGHER EDUCATION EMERGENCY RELIEF FUND | 1458 | $842,111 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS AND ASSISTANCE IN THE UNITED STATES THE AWARDING OF STUDENT FINANCIAL AID GRANTS UNDER THE U.S. DEPARTMENT OF EDUCATION'S STUDENT FINANCIAL ASSISTANCE PROGRAM IS MONITORED BY THE COLLEGE'S FINANCIAL AID OFFICE, WHICH ENSURES THAT THE COLLEGE MEETS THE COMPLIANCE REQUIREMENTS OF TITLE 2, US CODE OF FEDERAL REGULATIONS (CFR) PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS. THE COLLEGE'S FINANCIAL AID OFFICE IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING EFFECTIVE INTERNAL CONTROL OVER COMPLIANCE WITH THE REQUIREMENTS OF LAWS, REGULATIONS, CONTRACTS, AND GRANTS APPLICABLE TO FEDERAL PROGRAMS. MONITORING OF FEDERAL AND FOUNDATION GRANTS SUPPORTING COLLEGE OPERATING ACTIVITIES IS COORDINATED BETWEEN THE FINANCIAL AID OFFICE, THE CHANCELLOR'S OFFICE, THE CONTROLLER'S OFFICE AND THE VP OF INSTITUTIONAL ADVANCEMENT. THESE OFFICES AND INDIVIDUALS ENSURE THAT APPROPRIATE CONTROLS ARE ESTABLISHED AND THAT GRANT REQUIREMENTS FOR DOCUMENTATION, TRACKING, EXPENDITURE OF FUNDS AND REPORTING ARE MET. ALL STUDENTS RECEIVING SCHOLARSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, ATHLETIC ABILITY AND OTHER SIMILAR STANDARDS. IN ADDITION, THE COLLEGE DISPENSED CERTAIN EMERGENCY FINANCIAL AID TO STUDENTS AS REQUIRED BY THE HIGHER EDUCATION EMERGENCY RELIEF FUND "HEERF." NO FURTHER MONITORING OF THE USE OF HEERF FUNDING IS REQUIRED BY THE COLLEGE (AS THE AID IS NOT DISPENSED UNLESS THE STUDENT MEETS THE ELIGIBILITY REQUIREMENTS). | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SR MARY EILEEN O'BRIEN OP | ||||||||||||||
| PRESIDENT | $251,177 | $0 | $0 | $0 | $0 | $0 | $720 | $0 | $19,468 | $0 | $271,365 | $0 | $0 | $0 |
| ANTHONY J CIPOLLA | ||||||||||||||
| VP FINANCIAL AFFAIRS | $149,949 | $0 | $0 | $0 | $0 | $0 | $3,850 | $0 | $19,725 | $0 | $173,524 | $0 | $0 | $0 |
| THOMAS NOWAK | ||||||||||||||
| VP OF ACADEMIC AFFAIRS | $148,262 | $0 | $0 | $0 | $0 | $0 | $3,535 | $0 | $19,725 | $0 | $171,522 | $0 | $0 | $0 |
| MICHAEL KELLY | ||||||||||||||
| DIRECTOR OF GRADUATE STUDIES | $149,153 | $0 | $0 | $0 | $0 | $0 | $2,308 | $0 | $19,725 | $0 | $171,186 | $0 | $0 | $0 |
| JOSEPH VALENTI | ||||||||||||||
| VP INSTITUTIONAL ADVANCEMENT | $147,353 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19,725 | $0 | $167,078 | $0 | $0 | $0 |
| BRIAN FERNANDES | ||||||||||||||
| VP OF ENROLLMENT | $138,730 | $0 | $0 | $0 | $0 | $0 | $3,529 | $0 | $19,725 | $0 | $161,984 | $0 | $0 | $0 |
| RUSSELL DIAZ | ||||||||||||||
| EXECUTIVE DIRECTOR OF IT | $134,503 | $0 | $0 | $0 | $0 | $0 | $2,936 | $0 | $19,725 | $0 | $157,164 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J | FormAndLineReferenceDesc |
| Explanation | SEVERAL OF THE COLLEGE'S OFFICERS ARE MEMBERS OF THE SISTERS OF ST. DOMINIC OF BLAUVELT AND RECEIVE FREE HOUSING (E.G. A HOUSING ALLOWANCE) PROVIDED BY THE COLLEGE. THE FAIR MARKET RENTAL VALUE OF THE HOUSING ALLOWANCE (APPROXIMATELY $15,200 PER OFFICER) IS EXCLUDED FROM THESE OFFICERS' SALARIES AS IT REPRESENTS A PERMISSIBLE NON-TAXABLE FRINGE BENEFIT UNDER SECTION 107 OF THE INTERNAL REVENUE CODE FOR MEMBERS OF A RELIGIOUS ORDER. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd | CUSIPCUSIPNum |
|---|---|---|---|---|---|---|---|---|
| COUNTY OF ROCKLAND INDUSTRIAL DEVELOPMENT AGENCY | ||||||||
| A | 136007344 | 2013-07-24 | $8,705,000 | REISSUED 2005 SERIES A&B BONDS | 0 | 0 | 0 | |
| COUNTY OF ROCKLAND INDUSTRIAL DEVELOPMENT AUTHOR | ||||||||
| B | 136007344 | 2014-12-14 | $10,653,930 | REISSUED 2004 SERIES A&B BONDS | 0 | 0 | 0 | 773557AF0 |
| ROCKLAND COUNTY ECONOMIC ASSISTANCE CORPORATION | ||||||||
| C | 274524167 | 2014-12-14 | $15,632,950 | REFUND 2006 SERIES A&B BONDS | 0 | 0 | 0 | 773557AY9 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|
| A | $2,538,819 | $8,705,000 | $8,705,000 | 2013 | Yes (1) | 0 | Yes (1) | Yes (1) | |
| B | $2,784,510 | $10,653,930 | $10,653,930 | 2014 | Yes (1) | 0 | Yes (1) | Yes (1) | |
| C | $2,408,900 | $15,632,950 | $15,320,291 | 2014 | Yes (1) | 0 | Yes (1) | Yes (1) | $312,659 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 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 | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Term Of GICTermOfGICPct | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RBC | |||||||||||
| A | 0 | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) | 17.000000000000 | 0 | 0 | Yes (1) |
| (no name) | |||||||||||
| B | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | ||
| (no name) | |||||||||||
| C | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | ||
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE K, PART IV, LINE 2C | FormAndLineReferenceDesc |
| Explanation | DOMINICAN COLLEGE HAD A REBATE CALCULATION PERFORMED ON ALL THREE OF THE BONDS DISCLOSED IN THE SCHEDULE K OF THE FORM 990. FOR THE BOND ORIGINALLY ISSUED IN JUNE OF 2005 AND REFINANCED IN JULY OF 2013, THE REBATE COMPUTATION WAS PERFORMED ON JULY 23, 2018; FOR THE BONDS ISSUED IN AUGUST OF 2004 AND DECEMBER OF 2006 (BOTH OF WHICH WERE REFINANCED IN DECEMBER OF 2014), THE REBATE CALCULATION WAS PERFORMED ON DECEMBER 16, 2019. THE REBATE CALCULATION FOR THE 2005 BONDS CONFIRMED AN ARBITRAGE REBATE DUE OF $46,944. ON SEPTEMBER 17, 2018, THE COLLEGE REMITTED THE $46,944 IN REBATE TO THE FEDERAL GOVERNMENT. THE REBATE CALCULATIONS FOR THE 2004 AND 2014 BONDS CONFIRMED THAT NO REBATE WAS DUE ON THE BONDS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| GENERAL EXPLANATORY STATEMENT REGARDING THE COVID-19 IMPACT ON THE COLLEGE | IN DECEMBER 2019, AN OUTBREAK OF A NOVEL STRAIN OF CORONAVIRUS ("COVID-19") EMERGED GLOBALLY, AND IN MARCH 2020 THE WORLD HEALTH ORGANIZATION DECLARED THE SPREAD OF COVID-19 A WORLDWIDE PANDEMIC. KEEPING THE HEALTH AND SAFETY OF THE COMMUNITY AS ITS PRIMARY PRIORITY, THE COLLEGE'S CAMPUS WAS CLOSED IN MARCH 2020 AND MOVED THE REMAINDER OF THE SPRING 2020 SEMESTER TO VIRTUAL LEARNING. ALTHOUGH SOME VIRTUAL LEARNING CONTINUED INTO THE FALL 2020 SEMESTER MOST CLASSES RETURNED TO IN-PERSON INSTRUCTION. THE CAMPUS WAS COMPLETELY RE-OPENED WITH IN-PERSON CLASSES IN SPRING 2021 WITH STUDENTS BEING REQUIRED TO BE VACCINATED OR PROVIDE PERIODIC NEGATIVE COVID-19 TEST RESULTS. AS A RESPONSE TO THE COVID-19 PANDEMIC THE U.S. FEDERAL GOVERNMENT PASSED THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT ("CARES ACT"). DURING FISCAL 2020 THE COLLEGE WAS AWARDED A HIGHER EDUCATION EMERGENCY RELIEF FUND ("HEERF") GRANT TOTALING $1,808,846 UNDER THE CARES ACT. THE DEFERRED REVENUE FROM FISCAL 2020 OF $858,242 WAS DISBURSED ON QUALIFYING EXPENDITURES AND SUBSEQUENTLY RECOGNIZED AS GOVERNMENT GRANT REVENUE IN THE CURRENT FORM 990. IN DECEMBER 2020, THE HIGHER EDUCATION EMERGENCY RELIEF FUND II ("HEERF II") WAS AUTHORIZED BY THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT AS A FURTHER COVID-19 PANDEMIC RESPONSE. DURING FISCAL 2021 THE COLLEGE WAS AWARDED A HEERF II GRANT TOTALING $2,710,968. A PORTION OF THE HEERF II GRANT TOTALING $842,111 WAS DISBURSED TO QUALIFYING STUDENTS FOR EMERGENCY AID AND IS RECOGNIZED AS GOVERNMENT GRANT REVENUE ON THIS YEAR'S FORM 990, PART VIII, LINE 1(E). ADDITIONALLY, $1,061,819 WAS RECOGNIZED AS GOVERNMENT GRANT REVENUE RELATED TO INSTITUTIONAL SUPPORT AND ADDITIONAL SUPPORT TO STUDENTS. THE BALANCE OF THE GRANT AWARDED TOTALING $807,038 TO SUPPORT INSTITUTIONAL EXPENSES RELATED TO COVID-19 IS RECOGNIZED AS DEFERRED REVENUE TO SUPPORT INSTITUTIONAL EXPENSES RELATED TO COVID-19 WILL BE REPORTED AS GOVERNMENT GRANT REVENUE ON NEXT YEAR'S FORM 990. IN ADDITION, THE COLLEGE WAS AWARDED AN AMERICAN RESCUE PLAN ("HEERF III") GRANT IN THE AMOUNT OF $5,086,879. NO HEERF III FUNDS WERE RECEIVED IN FISCAL 2021. ON APRIL 16, 2020 THE COLLEGE RECEIVED LOAN PROCEEDS IN THE AMOUNT OF $3,150,500 FROM BANKUNITED, NA UNDER THE PAYCHECK PROTECTION PROGRAM ("PPP"). THE PPP, ESTABLISHED AS PART OF THE CARES ACT, PROVIDES FOR LOANS TO QUALIFYING BUSINESSES. THE LOANS AND ACCRUED INTEREST ARE FORGIVABLE AFTER EIGHT WEEKS AS LONG AS THE BORROWER USES THE LOAN PROCEEDS FOR ELIGIBLE PURPOSES, INCLUDING PAYROLL, BENEFITS, RENT AND UTILITIES, AND MAINTAINS ITS PAYROLL LEVELS. THE AMOUNT OF LOAN FORGIVENESS WILL BE REDUCED IF THE BORROWER TERMINATES EMPLOYEES OR REDUCES SALARIES DURING THE EIGHT-WEEK PERIOD. THE COLLEGE RECEIVED FULL FORGIVENESS OF ITS PPP LOAN IN JUNE OF 2021 AND HAS RECOGNIZED THIS REVENUE IN FORM 990, PART VIII, LINE 1(E). |
| FORM 990, PART III, LINE 1 | THE AIM OF DOMINICAN COLLEGE IS TO PROMOTE EDUCATIONAL EXCELLENCE, LEADERSHIP, AND SERVICE IN AN ENVIRONMENT CHARACTERIZED BY RESPECT FOR THE INDIVIDUAL AND CONCERN FOR THE COMMUNITY AND ITS NEEDS. FOUNDED BY THE DOMINICAN SISTERS OF BLAUVELT, THE COLLEGE IS AN INDEPENDENT INSTITUTION OF HIGHER LEARNING, CATHOLIC IN ORIGIN AND HERITAGE. IN THE DOMINICAN TRADITION, IT FOSTERS THE ACTIVE, SHARED PURSUIT OF TRUTH AND EMBODIES AN IDEAL OF EDUCATION ROOTED IN THE VALUES OF REFLECTIVE UNDERSTANDING AND COMPASSIONATE INVOLVEMENT. COMMITTED TO BUILDING ITS PROGRAMS UPON A STRONG FOUNDATION IN THE LIBERAL ARTS AND SCIENCES, THE COLLEGE MAINTAINS A STUDENT-CENTERED CLIMATE AND SERVES A DIVERSE COMMUNITY OF STUDENTS IN UNDERGRADUATE AND GRADUATE PROGRAMS. THE COLLEGE EMPOWERS THIS COMMUNITY OF LEARNERS TO EXCEL, LEAD AND SERVE WITH INTEGRITY AND TO ENGAGE RESPONSIBLY IN THE PURSUIT OF A MORE JUST, ETHICAL AND SUSTAINABLE WORLD. DOMINICAN COLLEGE IS DEDICATED TO THE PRINCIPLE THAT ITS EDUCATIONAL PROGRAMS AND SERVICES MUST BE BOTH CHALLENGING AND SUPPORTIVE, DISTINGUISHED BOTH BY HIGH STANDARDS AND BY ATTENTION TO THE NEEDS AND POTENTIAL OF THE INDIVIDUAL STUDENT. AFFIRMED AND ENGAGED BY THESE STANDARDS AND VALUES, GRADUATES ARE PREPARED FOR PURPOSEFUL LIVES AND FOR THE CAREERS AND PROFESSIONS THEY CHOOSE TO PURSUE. |
| FORM 990, PART IV, LINE 34 | RELATED PARTIES DISCLOSURE THE COLLEGE WAS FOUNDED BY THE SISTERS OF ST. DOMINIC OF BLAUVELT IN 1952 AS A THREE-YEAR LIBERAL ARTS COLLEGE IN THE CATHOLIC TRADITION, OFFERING A TEACHER PREPARATION PROGRAM FOR WOMEN RELIGIOUS. THE COLLEGE DEEMS THE SISTERHOOD TO BE A RELATED PARTY OF THE COLLEGE, BUT SINCE THE SISTERS DO NOT MEET THE IRS DEFINITION OF A RELATED PARTY, THE COLLEGE HAS OPTED TO NOT COMPLETE A SCHEDULE R. IN THE INTERESTS OF FULL DISCLOSURE, THE COLLEGE IS INCLUDING THIS SCHEDULE O NARRATIVE TO DISCLOSE THE RELATIONSHIP. |
| FORM 990, PART VI, SECTION A | GOVERNING BODY AND MANAGEMENT THE COLLEGE IS REPORTING 34 BOARD MEMBERS, OF WHICH 32 ARE INDEPENDENT VOTING MEMBERS OF THE BOARD. THE TWO "COMPENSATED" BOARD MEMBERS ARE MEMBERS OF THE DOMINICAN SISTERS OF BLAUVELT WHO HAVE TAKEN A BONA FIDE VOW OF POVERTY. ALL AMOUNTS REPORTED IN PART VII AND SCHEDULE J OF THE 990 WERE PAID DIRECTLY TO THE ORDER. WHILE THE SISTERS COULD BE CONSIDERED INDEPENDENT UNDER THE IRS GUIDELINES; NEVERTHELESS, IN THE INTEREST OF FULL DISCLOSURE, THE COLLEGE IS REPORTING THEM BOTH AS NON-INDEPENDENT. |
| FORM 990, PART VI, SECTION B, LINE 11B | PROCESS USED TO REVIEW FORM 990 THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE FINAL DRAFT OF THE FORM 990. THE AUDIT COMMITTEE MAKES RECOMMENDATIONS ON CHANGES AS NECESSARY. THE COMMITTEE VOTES TO APPROVE THE FORM 990 AND ARRANGES TO HAVE THE APPROVED FORM 990 SENT TO EACH BOARD MEMBER FOR REVIEW AND COMMENTS. THE AUDIT COMMITTEE RESOLVES INQUIRIES FROM BOARD MEMBERS AFTER THEIR REVIEW. ONCE THE PROCESS IS COMPLETE, THE COLLEGE SUBMITS THE FORM 990 TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ENFORCEMENT & MONITORING OF CONFLICT OF INTEREST POLICY THE COLLEGE REQUIRES ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES TO COMPLETE AN ANNUAL QUESTIONAIRE THAT REQUIRES THE INDIVIDUALS TO DISCLOSE ANY TRANSACTIONS THAT MAY POTENTIALLY RESULT IN A CONFLICT OF INTEREST. THESE ARE REVIEWED BY THE BOARD CHAIRMAN AND THE PRESIDENT OF THE COLLEGE. THE VP FOR FINANCIAL AFFAIRS COLLECTS THE KEY EMPLOYEE DISCLOSURE FORMS AND REVIEWS THEM WITH THE PRESIDENT OF THE COLLEGE. TO THE EXTENT THAT A CONFLICT OF INTEREST IS DISCOVERED, THE TRANSACTION IS VETTED IMMEDIATELY AND THE APPROPRIATE ACTION UNDERTAKEN. |
| FORM 990, PART VI, SECTION B, LINE 15 | PROCESS FOR DETERMINING COMPENSATION THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES SERVES AS THE COMPENSATION COMMITTEE WHICH REVIEWS AND APPROVES ALL KEY EMPLOYEE ANNUAL COMPENSATION WITHOUT ANY CONFLICT OF INTEREST WITH RESPECT TO THAT COMPENSATION. THE COMMITTEE USED COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PEOPLE IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THIS IS AN ANNUAL PROCESS WHERE CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATION AND DECISION REGARDING THE COMPENSATION ARRANGEMENT IS RECORDED. THE COMMITTEE UTILIZES DATA FROM CUPA-HR AS COMPARATIVE DATA FOR ANALYSIS. DOMINICAN COLLEGE COMMISSIONED ITS LAST COMPENSATION SURVEY IN MARCH OF 2019. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABILITY OF DOCUMENTS TO THE PUBLIC MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. |