2025-05-15T19:36:26+00:00 2024-06-30 135565207 KPMG LLP 345 Park Avenue New York NY 101540102 990 2023-07-01 131740468 Manhattan College MANH 7188627349 4513 MANHATTAN COLLEGE PARKWAY RIVERDALE NY 104714098 DR FREDERICK BONATO INTERIM PRESIDENT 2025-05-16 true Toby Kerslake P01875806 2127589700 2025-05-16 2023 2025-03-06 01:10:19Z DR FREDERICK BONATO 4513 MANHATTAN COLLEGE PARKWAY RIVERDALE NY 104714098 352119321 false X http://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 SUCCESS, CIVIC ENGAGEMENT, AND SERVICE TO THEIR FELLOW HUMAN BEINGS. 20 19 2073 705 0 0 25492261 19372607 180655013 178326859 19102082 5177041 1511731 3241709 226761087 206118216 81058159 82611572 0 0 83384013 83346724 0 0 4262552 64438209 61480072 228880381 227438368 -2119294 -21320152 431384829 424565669 116396783 117176820 314988046 307388849 MANHATTAN COLLEGE IS AN INDEPENDENT CATHOLIC INSTITUION OF HIGHER LEARNING THAT EMBRACES QUALIFIED MEN AND WOMEN OF ALL FAITHS, CULTURES, AND TRADITIONS. THE MISSION OF MANHATTAN 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. THE COLLEGE PURSUES THIS MISSION THROUGH PROGRAMS THAT INTEGRATE A BROAD LIBERAL EDUCATION WITH CONCENTRATION IN SPECIFIC DISCIPLINES IN THE ARTS AND SCIENCES OR WITH PROFESSIONAL PREPARATION IN BUSINESS, EDUCATION AND ENGINEERING. false false 185164317 82611572 158066023 MANHATTAN COLLEGE IN AN INDEPENDENT CATHOLIC INSTITUTUION OF HIGHER LEARNING THAT OFFERS THE VARIETY OF ACADEMIC PROGRAMMING FOUND AT A LARGE UNIVESITY, BUT WITH THE PERSONALIZED LEARING EXPERIENCE OF A SMALL, LIBERAL ARTS SCHOOL. THE UNIVERSITY'S THREE DISTINCT SHCOOLS, THE KAKOS SCHOOL OF ARTS AND SCIENCE, THE SCHOOL OF ENGINEERING, AND THE O'MALLEY SCHOLL OF BUSINESS AND OFFERS MORE THAN 100 MAJOR, MINORS GRADUATE PROGRAMS AND ADVANCED CERTIFICATES, AS WELL AS DEGREES THAT CAN BE EARNED FULLY ONLINE OR COMBINDED WITH A TRADITIONAL CLASROOM EXPERIENCE. WITH A 10:6 STUDENT TO FACULTY RATIOS, A CATALOG OF COURSES THAT USES NEW YORK CITY AS A CLASSROOM AND A CURICULUM BUILT ON A STRONG LIBERAL ARTS FOUNDATION OUR STUDENTS SECURE INTERNSHIPS AND JOBS AT FOURTURN 500 COMPANIES AND CONDUCT RESEARCH THAT MAKES A REAL IMPACT IN THE WORLD. THE UNIVERSITY EDUCATES APPROXIMATELY 3,015 UNDERGRADUATE AND 715 GRADUATE STUDENTS EACH YEAR 9731907 0 20782528 AUXILIARY SERVICES INCLUDE THE COST OF ROOM AND BOARD FOR APPROXIMATELY 1,060 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. 194896224 true true false false false false true false true true false false false true true true false true false true false false false true false false false true true true false false false false false false false false false false true false false false false false false false false true 5502 0 true 2073 true false false false false false true true false false false false false false X 20 19 false false false false false false false true true false false true true true true true true true true false X NARDA ROMERO 7188627349 4513 MANHATTAN COLLEGE PARKWAY RIVERDALE NY 104714098 BR FRANK G BYRNE TRUSTEE, VICE CHAIR 1.0 X X 0 0 0 DR MILO RIVERSO PRESIDENT FROM JULY 2023 40.0 X X 231568 0 169526 ROSANNE THOMAS MATZAT TRUSTEE, VICE CHAIR 1.0 X X 0 0 0 STEPHEN SQUERI TRUSTEE, CHAIR 1.0 X X 0 0 0 ANTHONY SCALA TRUSTEE 1.0 X 0 0 0 BR ERNEST MILLER TRUSTEE THRU JUN 2024 1.0 X 0 0 0 BR JOSE FRANCISCO FLORES GAMIO TRUSTEE THRU OCT 2023 1.0 X 0 0 0 BR ROBERT SMITH FSC TRUSTEE 1.0 X 0 0 0 DR MARYBETH MCCALL TRUSTEE 1.0 X 0 0 0 DR THOMAS D FARRELL TRUSTEE 1.0 X 0 0 0 FREDRIC MARRO TRUSTEE 1.0 X 0 0 0 GERARD CACCAPPOLO TRUSTEE 1.0 X 0 0 0 JOHN DESMARAIS TRUSTEE 1.0 X 0 0 0 JOHN MCAVOY TRUSTEE THRU OCT 2023 1.0 X 0 0 0 JOSE MINAYA TRUSTEE 1.0 X 0 0 0 KENNETH BOUYER TRUSTEE 1.0 X 0 0 0 LYNN MARTIN TRUSTEE 1.0 X 0 0 0 MARY ANNE AVELLA TRUSTEE 1.0 X 0 0 0 MARYANN MILLER TRUSTEE 1.0 X 0 0 0 NOREEN KRALL TRUSTEE 1.0 X 0 0 0 THOMAS KUSTER TRUSTEE 1.0 X 0 0 0 THOMAS MELORO TRUSTEE 1.0 X 0 0 0 THOMAS SCARANGELLO TRUSTEE 1.0 X 0 0 0 BARBARA FABE VP HUMAN RESOURCES, SECRETARY THRU JUN 2024 40.0 X 268939 0 39877 BR DANIEL GARDNER PRESIDENT EMERITUS 40.0 X 0 0 0 DENNIS LONERGAN AVP FINANCE AND CONTROLLER, ASSISTANT TREASURER THRU FEB 2024 40.0 X 215791 0 46869 JAMES PERRINO VICE PRESIDENT FINANCE, TREASURER FROM JUL 2023 40.0 X 163396 0 22487 JAMES RYAN GENERAL COUNSEL 40.0 X 352493 0 53421 THOMAS MAURIELLO VICE PRESIDENT, ASSISTANT TREASURER 40.0 X 367832 0 191423 COLETTE GEARY FORMER VP ENROLLMENT MANAGEMENT 40.0 X 246374 0 35756 RANI ROY INTERIM PROVOST 40.0 X 285742 0 29598 WILLIAM CLYDE PROVOST THRU DEC 2023 40.0 X 293580 0 66175 CRAIG COLLINS VICE PRESIDENT FOR FACILITIES 40.0 X 232746 0 55465 DONALD GIBSON DEAN THRU JUN 2024 40.0 X 259610 0 57700 JOHN GALLAGHER HEAD COACH, MEN'S BASKETBALL 40.0 X 278914 0 53683 RONALD GRAY VICE PRESIDENT FOR STUDENT LIFE 40.0 X 228900 0 57860 TIMOTHY WARD DEAN 40.0 X 248765 0 24171 DR BRENNAN O'DONNELL PRESIDENT EMERITUS 0.0 X 833413 0 111055 MATTHEW MCMANNESS FORMER VICE PRESIDENT FINANCE, TREASURER 40.0 X 423117 0 59711 4931180 0 1074777 199 true true false ARAMARK SERVICES INC 27310 NETWORK PLACE CHICAGO IL 60673 FACILITIES AND FOOD SERVICE 16168400 L&M COMPANY 140 Highland Street Suite 1 Port Chester NY 105733379 CONSTRUCTION 1830123 GILBANE BUILDING COMPANY 88 Pine Street Floor 27 New York NY 100051859 CONSTRUCTION 1591855 SPARK451 INC 865 Merrick Avenue Suite 451 Westbury NY 115906651 ENROLLMENT MARKETING SERVICES 1533690 EDUCATION ADVISORY BOARD PO Box 603519 Charlotte NC 282603519 ENROLLMENT MARKETING SERVICES 749833 32 1174830 5753488 12444289 1882043 19372607 TUITION AND FEES 611310 157366292 157366292 AUXILIARY SERVICES 611310 20782528 20782528 YOUTH PROGRAMS 611310 87650 87650 STUDENT LOAN INTEREST 522291 90389 90389 0 0 0 0 178326859 4260202 4260202 11 11 4530 4530 2208884 623969 1584915 0 1584915 1584915 146045121 145128293 916828 0 916828 916828 101300 1174830 248843 -147543 -147543 ATHLETIC PROGRAM REVENUE 900099 521692 521692 PARKING PERMITS & FINES 900099 505893 505893 SPONSORSHIP 900099 113736 113736 658486 0 0 658486 1799807 206118216 178848551 0 7897058 0 0 82611572 82611572 0 0 0 0 4011869 406662 2768002 837205 848121 0 781434 66687 60380239 49984203 8906137 1489899 3182665 2976526 89376 116763 3731618 3163591 467457 100570 11192212 8631556 1943170 617486 0 0 0 0 796026 2944 793082 0 240107 0 240107 0 0 0 0 0 79670 0 79670 0 3616825 2342483 1271270 3072 1621656 229384 1344419 47853 2165732 1483673 465515 216544 2255914 1412381 732866 110667 0 0 0 0 13647742 12549982 910113 187647 2655160 2569553 4091 81516 0 0 0 0 166861 165921 640 300 3410077 3077599 332478 0 0 0 0 0 13639293 12901110 738183 0 2008318 332973 1597533 77812 FOOD SERVICE 7174248 6950462 100082 123704 BAD DEBT EXPENSE & OTHER WRITEOFFS 2268989 0 2268989 0 MAINTENANCE & SUPPLIES 1537444 1075013 429380 33051 LIBRARY SERVICES & BOOKS 590950 563059 27144 747 3605060 1465577 1988454 151029 227438368 194896224 28279592 4262552 0 0 0 0 14700125 15558770 111330 72317 25021293 22146813 2438418 2380354 0 0 0 0 0 69501 346410 439744934 209352734 238073144 230392200 140834528 149339775 7339492 2830248 464032 255195 0 0 2332966 1243587 431384829 424565669 12092187 15409140 0 0 9149518 9263162 90043099 87929221 0 0 0 0 0 0 0 0 5111979 4575297 116396783 117176820 X 147350386 123405921 167637660 183982928 0 0 0 0 0 0 314988046 307388849 431384829 424565669 -21320152 13720955 0 0 X false true X true true true X 22086106 31889091 35017652 25492261 19372607 133857717 0 0 22086106 31889091 35017652 25492261 19372607 133857717 5002342 128855375 4894701 3192662 3766240 4941971 6473627 23269201 0 1081931 592864 3641671 570697 1379415 7266578 164393496 903816143 0.7838 0.7858 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING INCOME, COLUMN A - 128000.0, COLUMN B - 0.0, COLUMN C - 146475.0, COLUMN D - 166260.0, COLUMN E - 101300.0, COLUMN F - 542035.0; DESCRIPTION - INCOME FROM GAMING, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 500.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 500.0; DESCRIPTION - OTHER INCOME, COLUMN A - 953931.0, COLUMN B - 592864.0, COLUMN C - 3494696.0, COLUMN D - 404437.0, COLUMN E - 1278115.0, COLUMN F - 6724043.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 214425 X X X X false 145433460 868294 18539822 4018660 657986 160164930 138691965 1622021 13152691 6579777 1453440 145433460 148203095 18358324 -19424420 3174470 5270564 138691965 119179757 5596784 27258018 3087690 743774 148203095 110787779 4011740 7131554 2087377 663939 119179757 0.0 1.0 0.0 false false 5677732 5677732 384334127 166098077 218236050 4433907 4193915 239992 38625417 37084034 1541383 6673751 1976708 4697043 230392200 LIABILITY UNDER PLANNED GIVING AGREEMENTS 909736 ASSET RETIREMENT OBLIGATION 2096000 CAPITAL LEASE LIABILITY 946796 U.S. GOVERNMENT GRANTS REFUNDABLE 622765 4575297 X 138020741 13720955 -82611572 -68890617 206911358 79670 -872812 -793142 206118216 145619938 872812 872812 144747126 79670 82611572 82691242 227438368 Schedule D, Part V, Line 4 Intended uses of endowment funds THE COLLEGE'S ENDOWMENT CONSISTS OF 326 INDIVIDUAL PERMANENT ENDOWMENT FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, THE INVESTMENT RETURN ON WHICH IS EXPENDABLE PRINCIPALLY TO SUPPORT SCHOLARSHIPS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote 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, 2024 AND 2023, THE COLLEGE HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 STUDENT SCHOLARSHIPS - -82611572 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements FUNDRAISING EXPENSES - -248843 Rental Expenses - -623969 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 FUNDRAISING EXPENSES - 248843 Rental Expenses - 623969 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements STUDENT SCHOLARSHIPS - 82611572 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY MANHATTAN COLLEGE HAS A LONG STANDING POLICY OF NONDISCRIMINATION AND RESPECT FOR ALL INDIVIDUALS. THE POLICY IS DISCLOSED ON THE COLLEGE'S WEBSITE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE COLLEGE RECEIVED GRANTS FOR FINANCIAL AID AND RESEARCH FROM VARIOUS FEDERAL, NEW YORK STATE AND NEW YORK CITY AGENCIES. Central America and the Caribbean 0 0 Investments 0 0 0 0 0 0 0 0 0 0 false false true true false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual De La Salle Dinner 1130700 1096900 33800 1510 126141 50024 Jasper Open 145430 77930 67500 6243 62950 1975 0 1276130 1174830 101300 7753 189091 51999 248843 -147543 true COLLEGE FUNDED SCHOLARSHIP 2883 76710328 ENDOWED SCHOLARSHIPS 677 4008718 GOVERNMENT GRANT AND PRIVATE GIFT FUNDED SCHOLARSHIPS 111 1892526 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. 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 true true X X X X X true true false false false false false true false DR MILO RIVERSO PRESIDENT FROM JULY 2023 224818 0 0 0 6750 0 153204 0 16322 0 401094 0 0 0 DR BRENNAN O'DONNELL PRESIDENT EMERITUS 495592 0 0 0 337821 0 63960 0 47095 0 944468 0 299536 0 MATTHEW MCMANNESS FORMER VICE PRESIDENT FINANCE, TREASURER 409921 0 0 0 13196 0 34764 0 24947 0 482828 0 0 0 THOMAS MAURIELLO VICE PRESIDENT, ASSISTANT TREASURER 315182 0 50000 0 2650 0 27142 0 164281 0 559255 0 0 0 JAMES RYAN GENERAL COUNSEL 352493 0 0 0 0 0 15039 0 38382 0 405914 0 0 0 BARBARA FABE VP HUMAN RESOURCES, SECRETARY THRU JUN 2024 208826 0 0 0 60113 0 18026 0 21851 0 308816 0 0 0 DENNIS LONERGAN AVP FINANCE AND CONTROLLER, ASSISTANT TREASURER THRU FEB 2024 215791 0 0 0 0 0 18364 0 28505 0 262660 0 0 0 JAMES PERRINO VICE PRESIDENT FINANCE, TREASURER FROM JUL 2023 160022 0 0 0 3374 0 11059 0 11428 0 185883 0 0 0 WILLIAM CLYDE PROVOST THRU DEC 2023 285247 0 0 0 8333 0 23604 0 42571 0 359755 0 0 0 RANI ROY INTERIM PROVOST 278842 0 0 0 6900 0 22583 0 7015 0 315340 0 0 0 COLETTE GEARY FORMER VP ENROLLMENT MANAGEMENT 121200 0 0 0 125174 0 15887 0 19869 0 282130 0 0 0 JOHN GALLAGHER HEAD COACH, MEN'S BASKETBALL 252164 0 0 0 26750 0 20417 0 33266 0 332597 0 0 0 DONALD GIBSON DEAN THRU JUN 2024 259610 0 0 0 0 0 22239 0 35461 0 317310 0 0 0 CRAIG COLLINS VICE PRESIDENT FOR FACILITIES 232746 0 0 0 0 0 13325 0 42140 0 288211 0 0 0 TIMOTHY WARD DEAN 247265 0 0 0 1500 0 20486 0 3685 0 272936 0 0 0 RONALD GRAY VICE PRESIDENT FOR STUDENT LIFE 228900 0 0 0 0 0 20375 0 37485 0 286760 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments BARBARA FABE, THE VP OF HUMAN RESOURCES AND SECRETARY, RECEIVED A TIAAA MATCH GROSS-UP PAID DIRECTLY TO HER AS PART OF HER SEVERANCE PACKAGE. THESE AMOUNTS ARE REPORTED IN PART II, COLUMN B(III). Schedule J, Part I, Line 4a Severance or change-of-control payment BARBARA FABE, THE VP OF HUMAN RESOURCES AND SECRETARY, and Collete Geary, FORMER VP ENROLLMENT MANAGEMENT, RECEIVED SERVERANCE PAYMENTS. THESE AMOUNTS ARE REPORTED IN PART II, COLUMN B(III). Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan DR. BRENNAN O'DONNELL PARTICIPATED AND RECEIVED A DISTRIBUTION FROM A 457F PLAN AS REPORTED IN PART II, COLUMN B(III). Dr. Milo Riverso PARTICIPATED IN A 457F PLAN AND A CURRENT YEAR DEFERRAL IS REPORTED IN PART II, COLUMN (C). Schedule J, Part I, Line 7 Non-fixed payments THOMAS MAURIELLO RECEIVED A $50,000 DISCRETIONARY BONUS FROM THE COLLEGE AS REPORTED IN PART II, COLUMN B(II). A BUILD NYC RESOURCE CORPORATION 454040561 12008EMZ6 2017-06-14 101268446 TO PAY CONSTRUCTION COSTS OF STEM BUILDING, REFUND BONDS ISSUED 8/6/2013 false false false A 9620000 101458275 161073 6148159 1579417 33872584 59697041 2020 true false false true A false false false false 0.0 0.0 0.0 false false false A false false false true false false false false false A true Schedule K, Part II, Line 3 TOTAL PROCEEDS OF ISSUE THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND THE ISSUE PRICE IS DUE TO INVESTMENT EARNINGS. IN FISCAL YEAR 2024, THE TOTAL AMOUNT OF INVESTMENT EARNINGS FROM TAX-EXEMPT PROCEEDS IS $11 AND IS REPORTED ON FORM 990, PART VIII, LINE 4. X 17 1882043 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). Form 990, Part VI, Line 11b Review of form 990 by governing body MANHATTAN COLLEGE HAD ITS FORM 990 PREPARED BY THE CONTROLLER AND DEPUTY CONTROLLER WITH THE ASSISTANCE OF AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED A 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, CHIEF FINANCIAL OFFICER, GENERAL COUNSEL AND THE BOARD, FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy 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., GENERAL COUNSEL, VICE PRESIDENT, BOARD COMMITTEE, PRESIDENT AND/ORCHAIR 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, Line 15a Process to establish compensation of top management official THE ORGANIZATION HAS A PROCESS TO APPROVE THE PRESIDENT'S EMPLOYMENT AGREEMENT. THE VP OF HUMAN RESOURCES WORKING WITH ATTORNEYS SPECIALIZING IN HIGHER EDUCATION AND BENEFITS/PENSIONS AND A SUBCOMMITTEE OF TRUSTEES FROM THE BOARD'S EXECUTIVE COMMITTEE REVIEW THE PROPOSED CONTRACT AGAINST INDUSTRY DATA COMPILED OF PRESIDENTS' COMPENSATION FROM MANY COLLEGES AND UNIVERSITIES DEEMED TO BE SIMILAR TO MANHATTAN COLLEGE, AND THE CUPA (COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION) ADMINISTRATIVE COMPENSATION SURVEY. AFTER REVIEW AND CONSIDERATION OF FACTORS, THE SUB-COMMITTEE PRESENTS THE DATA AND PROPOSED EMPLOYMENT AGREEMENT TERMS TO THE EXECUTIVE COMMITTE, WHICH IN TURN PRESENTS THE AGREEMENT FOR APPROVAL BY THE BOARD OF TRUSTEES. Form 990, Part VI, Line 15b Process to establish compensation of other employees SALARIES FOR OFFICERS AND KEY EMPLOYEES ARE REVIEWED ON AN ANNUAL BASIS AND ARE IN LINE WITH SALARY SURVEYS THAT REPORT ON INSTITUTIONS OF HIGHER EDUCATION SALARIES (I.E., CUPA ADMINISTRATIVE COMPENSATION SURVEY). THE SALARIES ARE REVIEWED BY THE VICE PRESIDENT OF HUMAN RESOURCES AND THE PRESIDENT OF THE COLLEGE. THE VICE PRESIDENT OF HUMAN RESOURCES ALSO WORKS WITH THE VICE PRESIDENT OF FINANCE. RECORDS ARE MAINTAINED BY MANHATTAN COLLEGE DOCUMENTING THE COMPENSATION REVIEW PROCESS. Form 990, Part VI, Line 19 Required documents available to the public THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue ALL OTHER REVENUE - Total Revenue: 658486, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 658486; Form 990, Part XII, Line 2c OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS 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. Schedule F, Part I, Line 3 FORMS 926, 5471 OR 8621 THE COLLEGE WAS NOT REQUIRED TO FILE FORMS 926, 5471 OR 8621 SINCE IT DID NOT MEET THE FILING REQUIREMENTS FOR THAT FORM. Schedule F, Part I, Line 3 ACTIVITIES PER REGION MANHATTAN COLLEGE HELD FOREIGN DOMICILED INVESTMENTS FOR A PORTION OF FISCAL YEAR 2024; IT EXITED THE FUND BEFORE JUNE 30, 2024.