MOLLOY UNIVERSITY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- MOLLOY UNIVERSITY (EIN 11-1797182)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-06
- IRS object ID
- 202221269349300027
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-06T08:29:58-05:00 | 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 | 111797182 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOLLOY COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MOLL | BusinessNameControlTxt |
| Phone | 5163233000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 HEMPSTEAD AVENUE PO BOX 5002 | AddressLine1Txt |
| City | ROCKVILLE CENTRE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 115715002 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN D WILLIAMS | PersonNm |
| Person Title | VP FOR FINANCE & TREASURER | PersonTitleTxt |
| Phone | 5163233000 | PhoneNum |
| Signature | 2022-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SUSAN | PersonFirstNm |
| Person Last | WILLIAMS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | 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 | 0 | 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 | JAMES P LENTINI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 HEMPSTEAD AVENUE PO BOX 5002 | AddressLine1Txt |
| City | ROCKVILLE CENTRE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 115715002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $190,540,195 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MOLLOY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1955 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | MOLLOY COLLEGE IS AN INDEPENDENT CATHOLIC COLLEGE ROOTED IN THE DOMINICAN TRADITION OF STUDY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 29 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 2187 | TotalEmployeeCnt |
| Total Volunteers | 130 | TotalVolunteersCnt |
| Total Gross UBI | $947 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,150,247 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,535,715 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $147,286,279 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $142,077,332 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,659,279 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,205,186 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,995,867 | PYOtherRevenueAmt |
| CY Other Revenue | $549,015 | CYOtherRevenueAmt |
| PY Total Revenue | $161,091,672 | PYTotalRevenueAmt |
| CY Total Revenue | $158,367,248 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $31,800,381 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $35,214,333 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $84,361,859 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $78,321,188 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,197,754 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $38,348,587 | PYOtherExpensesAmt |
| CY Other Expenses | $37,905,990 | CYOtherExpensesAmt |
| PY Total Expenses | $154,510,827 | PYTotalExpensesAmt |
| CY Total Expenses | $151,441,511 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,580,845 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,925,737 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $237,160,877 | TotalAssetsBOYAmt |
| Total Assets EOY | $267,253,283 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $118,262,235 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $134,872,031 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $118,898,642 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $132,381,252 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MOLLOY COLLEGE, AN INDEPENDENT CATHOLIC COLLEGE, ROOTED IN THE DOMINICAN TRADITION OF STUDY, SPIRITUALITY, SERVICE, AND COMMUNITY, IS COMMITTED TO ACADEMIC EXCELLENCE WITH RESPECT FOR EACH PERSON. THROUGH TRANSFORMATIVE EDUCATION, MOLLOY PROMOTES A LIFELONG SEARCH FOR TRUTH AND THE DEVELOPMENT OF ETHICAL LEADERSHIP. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $123,482,831 | ExpenseAmt |
| Grant | $35,214,333 | GrantAmt |
| Revenue | $142,090,237 | RevenueAmt |
| Desc | SEE SCHEDULE OFOUNDED IN 1955 BY THE DOMINICAN SISTERS OF AMITYVILLE, MOLLOY COLLEGE (THE "COLLEGE OR "MOLLOY") IS AN INDEPENDENT CATHOLIC COLLEGE, ROOTED IN THE DOMINICAN TRADITION OF STUDY, SPIRITUALITY, SERVICE, AND COMMUNITY, AND COMMITTED TO ACADEMIC EXCELLENCE WITH RESPECT FOR EACH PERSON. THROUGH TRANSFORMATIVE EDUCATION, MOLLOY PROMOTES A LIFELONG SEARCH FOR TRUTH AND THE DEVELOPMENT OF ETHICAL LEADERSHIP. WITH NEARLY 5,000 STUDENTS, MOLLOY COLLEGE OFFERS 107 UNDERGRADUATE DEGREES IN CAREER AREAS, PROFESSIONAL AREAS AND IN THE LIBERAL ARTS AND SCIENCES, AS WELL AS 58 MASTER'S DEGREES AND 3 DOCTORAL DEGREES, THE MOST RECENT THE ED.D. IN EDUCATIONAL LEADERSHIP FOR DIVERSE LEARNING COMMUNITIES, ADDED IN 2015. THE COLLEGE PROVIDES A STUDENT-CENTERED LEARNING EXPERIENCE WHICH ENHANCES THE INTELLECTUAL, ETHICAL, SPIRITUAL AND SOCIAL DEVELOPMENT OF EVERY STUDENT, AND STRIVES TO ENHANCE THE QUALITY OF ITS ACADEMIC PROGRAMS, FACULTY, AND TEACHING LEARNING ENVIRONMENT. THE COLLEGE CONTINUES TO IDENTIFY, RECRUIT AND EDUCATE STUDENTS WHO DEMONSTRATE LEADERSHIP QUALITIES, UNDERSTAND THE NEED FOR CIVIC ENGAGEMENT AND ASPIRE TO SERVE THE COMMUNITY. LOCATED IN ROCKVILLE CENTRE, NY, THE COLLEGE IS A DYNAMIC LEARNING INSTITUTION WITH OUTSTANDING FACULTY, STATE-OF-THE-ART-TECHNOLOGY AND DISTINGUISHED ACADEMIC PROGRAMS. NOTABLY, MOLLOY'S NURSING PROGRAM IS AMONG THE LARGEST NURSING PROGRAMS IN THE NORTHEAST REGION AND IN THE COUNTRY. | Desc |
| Total Program Service Expenses | $123,482,831 | 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 | Yes (1) | 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 | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | Yes (1) | 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 | Yes (1) | 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 | 310 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2187 | 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 | 29 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | 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 | 0 | 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 | SUSAN D WILLIAMS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5163233000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 HEMPSTEAD AVENUE PO BOX 5002 | AddressLine1Txt |
| City | ROCKVILLE CENTRE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 115715002 | 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 | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| JAMES P LENTINI | |||||||||
| PRESIDENT | 35.00 | 0.00 | Yes (X) | Yes (X) | $266,245 | $0 | $22,389 | ||
| JOHN P MCENTEE | |||||||||
| CHAIRPERSON | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PHILLIPA G WOODRIFFE | |||||||||
| VICE CHAIRPERSON | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JOHN J BISHAR JR | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SAMMY CHU | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROSE L CIAMPA | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SALVATORE P CIAMPO | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DONNA L DELLOMO | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DIANE ESPOSITO | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MAUREEN EVERS-WILLOX | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LAURA FARAHANI | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RAYMOND E FARRELL | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NICOLETTE FIORE-LOPEZ | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY H GREENFIELD | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MATTHEW GROVER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID M HAGAN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL F HINES | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| S ZAKI HOSSAIN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SHARI JAMES-PIERRE | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SR ANNE MARIE KIRMSE | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SR PATRICIA KOEHLER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BRENDAN LAVELLE | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SR MARGARET MCVETTY | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TIMOTHY MOONEY | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KENNETH J PRITCHARD | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT S SALVATICO | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SUSAN SANTORO | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SR KATHLEEN TUITE | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN WESTERMAN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DREW BOGNER | |||||||||
| PRESIDENT EMERITUS | 35.00 | 0.00 | Yes (X) | $794,738 | $0 | $54,141 | |||
| SUSAN D WILLIAMS | |||||||||
| VICE PRESIDENT FINANCE AND TREASURER | 35.00 | 0.00 | Yes (X) | $279,159 | $0 | $15,334 | |||
| DIANE K FORNIERI | |||||||||
| CHIEF OF STAFF AND SECRETARY | 35.00 | 0.00 | Yes (X) | $166,684 | $0 | $39,309 | |||
| EDWARD J THOMPSON | |||||||||
| VICE PRESIDENT OFFICE OF ADVANCEMENT | 35.00 | 0.00 | $264,964 | $0 | $59,200 | Yes (X) | |||
| ANN BRANCHINI | |||||||||
| VICE PRESIDENT ACADEMIC AFFAIRS | 35.00 | 0.00 | $292,384 | $0 | $15,707 | Yes (X) | |||
| MICHAEL TORRES | |||||||||
| VICE PRESIDENT OFFICE OF TECHNOLOGY | 35.00 | 0.00 | $218,570 | $0 | $42,411 | Yes (X) | |||
| LINDA ALBANESE | |||||||||
| VICE PRESIDENT ENROLLMENT MANAGEMENT | 35.00 | 0.00 | $220,989 | $0 | $13,459 | Yes (X) | |||
| JANINE BISCARI | |||||||||
| VICE PRESIDENT STUDENT AFFAIRS | 35.00 | 0.00 | $209,097 | $0 | $11,296 | Yes (X) | |||
| MARCIA GARDNER | |||||||||
| DEAN OF NURSING | 35.00 | 0.00 | $248,306 | $0 | $13,655 | Yes (X) | |||
| BARBARA SCHMIDT | |||||||||
| ASSISTANT VP ACADEMIC AFFAIRS | 35.00 | 0.00 | $229,898 | $0 | $29,227 | Yes (X) | |||
| JOHN CARPENTE | |||||||||
| DIRECTOR OF REBECCA CENTER | 35.00 | 0.00 | $207,034 | $0 | $10,706 | Yes (X) | |||
| AUDREY COHAN - SENIOR DEAN OF | |||||||||
| RESEARCH AND SCHOLARSHIP | 35.00 | 0.00 | $201,441 | $0 | $11,348 | Yes (X) | |||
| VERONICA D FEEG | |||||||||
| PROFESSOR OF NURSING | 35.00 | 0.00 | $202,483 | $0 | $40,518 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,801,992 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $378,700 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 165 | 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 |
|---|---|---|---|---|---|
| AUSTIN & WILLIAMS INC | |||||
| 80 ARKAY DRIVE SUITE 220 | HAUPPAUGE | NY | 11788 | MEDIA SERVICES | $2,570,245 |
| MITCHELL ARCHITECTURAL GROUP | |||||
| 800 MAIN STREET S STE 120 | SOUTHBURY | CT | 06488 | ARCHITECTURAL SERVICES | $1,352,946 |
| SIEMENS INDUSTRY INC | |||||
| 100 TECHNOLOGY DRIVE | ALPHARETTA | GA | 30005 | CONSTRUCTION SERVICES | $1,233,169 |
| LESSING'S FOOD SERV MGMT | |||||
| 3500 SUNRISE HWY BLD 100 STE 1 | GREAT RIVER | NY | 11739 | FOOD SERVICES | $993,563 |
| CUTLASS INDUSTRIAL INC | |||||
| 193 HORTON AVENUE | LYNBROOK | NY | 11563 | CONSTRUCTION/RENOVATION | $938,651 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 19 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $400,132 | FundraisingAmt |
| Government Grants | $10,509,916 | GovernmentGrantsAmt |
| All Other Contributions | $2,625,667 | AllOtherContributionsAmt |
| Noncash Contributions | $215,006 | NoncashContributionsAmt |
| Total Contributions | $13,535,715 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $139,823,819 | $139,823,819 |
| STUDENT AUX. SERVICES | 611710 | $2,253,513 | $2,253,513 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $142,077,332 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,122,033 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $947 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,121,086 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,730 | TotalRevenueColumnAmt |
| Exclusion | $2,730 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $33,083,311 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $32,000,158 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,083,153 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,083,153 | TotalRevenueColumnAmt |
| Exclusion | $1,083,153 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $90,000 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $400,132 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $172,054 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$82,054 | TotalRevenueColumnAmt |
| Exclusion | -$82,054 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $68,420 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $735 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $67,685 | TotalRevenueColumnAmt |
| Exclusion | $67,685 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| INSURANCE PROCEEDS | 900099 | $206,616 | $206,616 | |
| RECOVERY OF BAD DEBT | 900099 | $111,284 | $111,284 | |
| STUDENT THEATER PERFOR | 611710 | $12,905 | $12,905 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $229,849 | TotalRevenueColumnAmt |
| Exclusion | $229,849 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $560,654 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $158,367,248 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $142,090,237 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $947 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,740,349 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,552 | TotalAmt |
| Program Services | $22,552 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,191,781 | TotalAmt |
| Program Services | $35,191,781 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,811,089 | TotalAmt |
| Program Services | $2,532,004 | ProgramServicesAmt |
| Management And General | $238,919 | ManagementAndGeneralAmt |
| Fundraising | $40,166 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,148,656 | TotalAmt |
| Program Services | $51,474,932 | ProgramServicesAmt |
| Management And General | $4,857,154 | ManagementAndGeneralAmt |
| Fundraising | $816,570 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $197,054 | TotalAmt |
| Program Services | $177,490 | ProgramServicesAmt |
| Management And General | $16,748 | ManagementAndGeneralAmt |
| Fundraising | $2,816 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,336,937 | TotalAmt |
| Program Services | $12,012,845 | ProgramServicesAmt |
| Management And General | $1,133,527 | ManagementAndGeneralAmt |
| Fundraising | $190,565 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,827,452 | TotalAmt |
| Program Services | $4,348,182 | ProgramServicesAmt |
| Management And General | $410,293 | ManagementAndGeneralAmt |
| Fundraising | $68,977 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $563,181 | TotalAmt |
| Management And General | $563,181 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,189 | TotalAmt |
| Management And General | $162,189 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $338,802 | TotalAmt |
| Management And General | $338,802 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,233,588 | TotalAmt |
| Program Services | $1,772,974 | ProgramServicesAmt |
| Management And General | $2,444,835 | ManagementAndGeneralAmt |
| Fundraising | $15,779 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,473,598 | TotalAmt |
| Program Services | $223,088 | ProgramServicesAmt |
| Management And General | $3,245,453 | ManagementAndGeneralAmt |
| Fundraising | $5,057 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,626,397 | TotalAmt |
| Program Services | $987,117 | ProgramServicesAmt |
| Management And General | $1,613,925 | ManagementAndGeneralAmt |
| Fundraising | $25,355 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,406,031 | TotalAmt |
| Program Services | $743,266 | ProgramServicesAmt |
| Management And General | $1,662,710 | ManagementAndGeneralAmt |
| Fundraising | $55 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,103,651 | TotalAmt |
| Program Services | $2,060,057 | ProgramServicesAmt |
| Management And General | $1,043,594 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,289 | TotalAmt |
| Program Services | $276,569 | ProgramServicesAmt |
| Management And General | $25,650 | ManagementAndGeneralAmt |
| Fundraising | $3,070 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $201,215 | TotalAmt |
| Program Services | $159,100 | ProgramServicesAmt |
| Management And General | $41,721 | ManagementAndGeneralAmt |
| Fundraising | $394 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,236,422 | TotalAmt |
| Program Services | $2,938,381 | ProgramServicesAmt |
| Management And General | $1,294,519 | ManagementAndGeneralAmt |
| Fundraising | $3,522 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,613,799 | TotalAmt |
| Program Services | $5,944,935 | ProgramServicesAmt |
| Management And General | $2,668,864 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,119,849 | TotalAmt |
| Management And General | $1,119,849 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BLDG. GROUNDS & MAINT. | $1,890,726 | $638,406 | $1,233,766 | $18,554 |
| COVID-19 TESTING | $1,102,115 | $222,979 | $879,136 | |
| BAD DEBT EXPENSES | $953,999 | $3,470 | $950,529 | |
| MEMBERSHIPS | $284,726 | $158,761 | $123,415 | $2,550 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,290,413 | TotalAmt |
| Program Services | $1,593,942 | ProgramServicesAmt |
| Management And General | $692,147 | ManagementAndGeneralAmt |
| Fundraising | $4,324 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,441,511 | TotalAmt |
| Program Services | $123,482,831 | ProgramServicesAmt |
| Management And General | $26,760,926 | ManagementAndGeneralAmt |
| Fundraising | $1,197,754 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,223,686 | BOYAmt |
| EOY | $8,403,523 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,001,174 | BOYAmt |
| EOY | $43,418,540 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,628,905 | BOYAmt |
| EOY | $4,532,190 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,168,622 | BOYAmt |
| EOY | $2,378,625 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,809,858 | BOYAmt |
| EOY | $2,435,275 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,327,860 | BOYAmt |
| EOY | $1,733,765 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $218,497,222 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $87,278,421 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,867,228 | BOYAmt |
| EOY | $131,218,801 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,904,943 | BOYAmt |
| EOY | $48,814,846 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,096,676 | BOYAmt |
| EOY | $5,258,992 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,750 | BOYAmt |
| EOY | $202,250 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,840,175 | BOYAmt |
| EOY | $18,856,476 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $237,160,877 | BOYAmt |
| EOY | $267,253,283 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,972,597 | BOYAmt |
| EOY | $13,122,072 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,945,366 | BOYAmt |
| EOY | $1,955,796 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,450,265 | BOYAmt |
| EOY | $5,090,323 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,891,694 | BOYAmt |
| EOY | $88,317,188 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,140,711 | BOYAmt |
| EOY | $3,691,455 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $186,988 | BOYAmt |
| EOY | $178,772 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,674,614 | BOYAmt |
| EOY | $22,516,425 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,262,235 | BOYAmt |
| EOY | $134,872,031 | 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 | $108,148,994 | BOYAmt |
| EOY | $120,086,663 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,749,648 | BOYAmt |
| EOY | $12,294,589 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,898,642 | BOYAmt |
| EOY | $132,381,252 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $237,160,877 | BOYAmt |
| EOY | $267,253,283 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,925,737 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $6,857,420 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$300,547 | 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 | $37 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $37 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE C, PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | MOLLOY COLLEGE IS A DUES PAYING MEMBER OF NACUBO AND EACUBO; A PORTION OF ITS ANNUAL DUES ARE ATTRIBUTABLE TO LOBBYING AND ARE REPORTED IN SCHEDULE C, PART II-B, LINE 1(I). THE COLLEGE'S ALLOCATED PORTION OF MEMBERSHIP DUES ATTRIBUTABLE TO LOBBYING AMOUNTS TO LESS THAN $100. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $312,989 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $43,648,437 | BeginningYearBalanceAmt |
| Contributions | $732,083 | ContributionsAmt |
| Investment Earnings Or Losses | $8,374,430 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $202,507 | GrantsOrScholarshipsAmt |
| End Year Balance | $52,552,443 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $40,758,565 | BeginningYearBalanceAmt |
| Contributions | $554,200 | ContributionsAmt |
| Investment Earnings Or Losses | $2,518,733 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $183,061 | GrantsOrScholarshipsAmt |
| End Year Balance | $43,648,437 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,240,438 | BeginningYearBalanceAmt |
| Contributions | $323,926 | ContributionsAmt |
| Investment Earnings Or Losses | $2,376,828 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $182,627 | GrantsOrScholarshipsAmt |
| End Year Balance | $40,758,565 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,141,633 | BeginningYearBalanceAmt |
| Contributions | $172,040 | ContributionsAmt |
| Investment Earnings Or Losses | $2,521,566 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $178,929 | GrantsOrScholarshipsAmt |
| Other Expenditures | $415,872 | OtherExpendituresAmt |
| End Year Balance | $38,240,438 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,215,465 | BeginningYearBalanceAmt |
| Contributions | $1,173,145 | ContributionsAmt |
| Investment Earnings Or Losses | $3,334,323 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $184,691 | GrantsOrScholarshipsAmt |
| Other Expenditures | $396,609 | OtherExpendituresAmt |
| End Year Balance | $36,141,633 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.84000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.13000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.03000 | 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 | $3,273,630 | OtherCostOrOtherBasisAmt |
| Book Value | $3,273,630 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $170,243,355 | OtherCostOrOtherBasisAmt |
| Depreciation | $52,324,240 | DepreciationAmt |
| Book Value | $117,919,115 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,641,257 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,607,777 | DepreciationAmt |
| Book Value | $2,033,480 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $37,102,138 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,346,404 | DepreciationAmt |
| Book Value | $5,755,734 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,236,842 | OtherCostOrOtherBasisAmt |
| Book Value | $2,236,842 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $131,218,801 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| FUNDS HELD WITH TRUSTEE | $4,252,375 |
| RIGHT-OF-USE ASSETS | $13,680,763 |
| CASH SURRENDER VALUE OF DONATED LIFE INSURANCE POLICY | $923,338 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $18,856,476 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| BOND INTEREST PAYABLE | $2,062,500 |
| RIGHT-OF-USE LEASE LIABILITY | $15,378,520 |
| CONDITIONAL ASSET RETIREMENT OBLIGATION | $5,075,405 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $22,516,425 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $132,488,107 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $6,857,420 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$32,570,548 | OtherRevenueAmt |
| Revenue Not Reported | -$25,713,128 | RevenueNotReportedAmt |
| Revenue Subtotal | $158,201,235 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $338,802 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$172,789 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $166,013 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $158,367,248 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $119,005,497 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $473,336 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $473,336 | ExpensesNotReportedAmt |
| Expenses Subtotal | $118,532,161 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $338,802 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $32,570,548 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $32,909,350 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $151,441,511 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE COLLEGE MAINTAINS AN ARTWORK COLLECTION IN VARIOUS BUILDINGS FOR THE ENJOYMENT OF STUDENTS, EMPLOYEES, AND VISITORS TO ITS CAMPUS. |
| PART IV, LINE 2B: | MOLLOY COLLEGE HAD $3,691,455 IN STUDENT CREDIT BALANCES AT JUNE 30, 2021. THESE BALANCES REPRESENT POTENTIAL TUITION MONEY OWED TO STUDENTS DUE TO OVER-PAYMENT, FINANCIAL AID APPLIED TO THE STUDENT'S ACCOUNT OR PAYMENTS MADE FOR THE NEXT SEMESTER. |
| PART V, LINE 4: | THE COLLEGE'S ENDOWMENT FUND IS INTENDED TO SUPPORT THE COLLEGE'S EDUCATIONAL MISSION. THE ENDOWMENT EARNINGS ARE USED TO FUND THE COLLEGE'S DAILY OPERATIONS, INCLUDING SCHOLARSHIPS, STUDENT PROGRAMS, AND OTHER CAMPUS ACTIVITIES. THE BOARD OF TRUSTEES, THROUGH ITS APPROVED INVESTMENT POLICY GUIDELINES, HAS INTERPRETED THE NEW YORK PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS (NYPMIFA) TO ALLOW THE COLLEGE TO SPEND BELOW THE HISTORICAL DOLLAR VALUE OF ITS ENDOWMENT UNLESS SPECIFIC DONORS HAVE STIPULATED TO THE CONTRARY. |
| PART X, LINE 2: | 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 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 HAS 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 AT JUNE 30, 2021 AND 2020. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | INSTITUTIONAL AID AND SCHOLARSHIPS -32,570,548. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES -172,054. GAMING EXPENSES -735. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES 172,054. WRITE-OFF OF CAMPAIGN PLEDGES RECEIVABLE 300,547. GAMING EXPENSES 735. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INSTITUTIONAL AID AND SCHOLARSHIPS 32,570,548. |
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 (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | NONDISCRIMINATION POLICIES ARE PUBLISHED IN CATALOGS AND PUBLICATIONS, AS WELL AS, ON THE COLLEGE WEBSITE. |
| LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: | AS A RESULT OF THE COVID-19 PANDEMIC AND GOVERNOR CUOMO'S EXECUTIVE ORDER, MOLLOY COLLEGE CLOSED ITS COLLEGE BUILDINGS IN MARCH 2020. THE SPRING AND FALL SEMESTERS WERE TRANSITIONED TO VIRTUAL LEARNING AND RE-OPENED FOR THE 2021 FALL SEMESTER. DURING FISCAL YEARS ENDED JUNE 30, 2021 AND 2020, THE FEDERAL GOVERNMENT PROVIDED HIGHER EDUCATION INSTITUTIONS WITH HIGHER EDUCATION EMERGENCY RELIEF FUNDING ("HEERF"), WHICH WAS ALLOCATED UNDER VARIOUS ACTS OF CONGRESS. THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITIES ACT ("CARES") WAS SIGNED INTO LAW ON MARCH 27, 2020 AND PROVIDED THE COLLEGE WITH TOTAL FUNDING OF $2,813,441 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 TOTAL FUNDING OF $5,271,682 UNDER HEERF II. THE AMERICAN RESCUE PLAN ("ARP") WAS SIGNED INTO LAW ON MARCH 11, 2021 AND PROVIDED THE COLLEGE WITH TOTAL FUNDING OF $9,370,688 UNDER HEERF III. EACH OF THESE AWARDS HAS A STUDENT AID PORTION AND TWO INSTITUTIONAL PORTIONS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $3,247,003 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $3,247,003 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $3,247,003 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | TRUSTEES' DINNER DANCE | Event1Nm |
| Gross Receipts Event1 | $313,782 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $313,782 | CharitableContriEvent1Amt |
| Entertainment Event1 | $75,779 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $18,974 | OtherDirectExpensesEvent1Amt |
| Event2 | ENERGEIA GOLF OUTING | Event2Nm |
| Gross Receipts Event2 | $175,850 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $85,850 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $90,000 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $5,480 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $49,300 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $5,051 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $500 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $500 | CharitableContriOtherEventsAmt |
| Oth Direct Expnss Other Events | $17,470 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $490,132 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $400,132 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $90,000 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $5,480 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $49,300 | RentFcltyCostsTotalEventsAmt |
| Entertainment Total Events | $75,779 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $41,495 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $172,054 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$82,054 | NetIncomeSummaryAmt |
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $68,420 | GrossRevenueOtherGamingAmt |
| Non Cash Prizes Other Gaming | $735 | NonCashPrizesOtherGamingAmt |
| Volunteer Labor Other Gaming | 0 | VolunteerLaborOtherGamingInd |
| Gross Revenue Total Gaming | $68,420 | GrossRevenueTotalGamingAmt |
| Non Cash Prizes Total Gaming | $735 | NonCashPrizesTotalGamingAmt |
| Direct Expense Summary Gaming | $735 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $67,685 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | NY | StatesWhereGamingConductedCd |
| Licensed | Yes (1) | LicensedInd |
| License Suspended Etc | 0 | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | Yes (1) | GamingWithNonmembersInd |
| Member Of Other Entity | 0 | MemberOfOtherEntityInd |
| Gaming Own Facility | 0.99000 | GamingOwnFacilityPct |
| Gaming Other Facility | 0.01000 | GamingOtherFacilityPct |
| Individual With Books | SUSAN D WILLIAMS | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 HEMPSTEAD AVENUE | AddressLine1Txt |
| City | ROCKVILLE CENTRE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11571 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | 0 | CntrctWith3rdPrtyForGameRevInd |
| Gaming Manager Person | EDWARD THOMPSON | GamingManagerPersonNm |
| Gaming Manager Compensation | $0 | GamingManagerCompensationAmt |
| Gaming Manager Services Prov | SEE SCHEDULE G, PART IV | GamingManagerServicesProvTxt |
| Gaming Manager Is Employee | Yes (X) | GamingManagerIsEmployeeInd |
| Charitable Distribution Rqr | 0 | CharitableDistributionRqrInd |
| Distributed | $0 | DistributedAmt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE G, PART II, COLUMN (A): | DUE TO THE COVID-19 PANDEMIC, THE COLLEGE'S ANNUAL GALATHON WAS REQUIRED TO BE HELD VIRTUALLY. ATTENDEES DID NOT RECEIVE ANY TANGIBLE BENEFITS AND ALL REVENUE RECORDED FOR THE GALATHON REPRESENTS CONTRIBUTION REVENUE. EXPENSES ASSOCIATED WITH THE EVENT REPRESENT ENTERTAINMENT COSTS FOR THE VIRTUAL GALA. |
| SCHEDULE G, PART II, COLUMN (C): | MOLLOY COLLEGE INTENDED TO HOLD A SECOND GOLF OUTING IN FISCAL 2021, BUT THE OUTING WAS CANCELLED DUE TO THE COVID-19 PANDEMIC. THE GOLF EVENT HAS BEEN RE-SCHEDULED TO CALENDAR YEAR 2022. AMOUNTS REPORTED IN SCHEDULE G, PART II, COLUMN (C) REPRESENT EITHER NON-REFUNDABLE COSTS INCURRED FOR THE EVENT OR PREPAID EXPENSES FOR THE 2022 GOLF OUTING. |
| SCHEDULE G, PART III, COLUMN (C): | THE COLLEGE DID NOT CONDUCT ANY FORMAL GAMING ACTIVITIES IN FISCAL YEAR 2021; ALL GAMING REVENUES REPORTED IN FORM 990 PART VIII, AND SCHEDULE G REPRESENT SMALL RAFFLES CONDUCTED BY STUDENT CLUBS ON CAMPUS. |
| SCHEDULE G, PART III, LINE 16, DESCRIPTION OF SERVICES PROVIDED: | THE COLLEGE DOES NOT EMPLOYEE A GAMING MANAGER. THE INDIVIDUAL LISTED IS THE VICE PRESIDENT FOR ADVANCEMENT AND IS RESPONSIBLE FOR THE FUNDRAISING COMPONENT OF REVENUES, ALONG WITH THE DIRECTOR OF ATHLETICS, WHO RAISES FUNDS FOR THE ATHLETIC DEPARTMENT. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| INSTITUTIONAL AID AND SCHOLARSHIPS | 4641 | $35,016,376 |
| STIPENDS | 10 | $168,868 |
| FACULTY RESEARCH GRANTS | 5 | $6,537 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE FOLLOWS FEDERAL, STATE AND INSTITUTIONAL POLICIES AND REGULATIONS TO MONITOR GRANTS AND FUNDS: 1) THE STUDENT APPLIES FOR THE GRANTS; 2) GRANTS ARE AWARDED FROM THE VARIOUS FUNDING SOURCES DEPENDING ON NEED AND/OR ACADEMIC STANDING; 3) THE STUDENT'S ELIGIBILITY IS VERIFIED THROUGH FEDERAL, STATE AND INSTITUTIONAL REQUIREMENTS, MATRICULATION, REGISTRATION, ATTENDANCE AND ACADEMIC PROGRESS; 4) GRANTS AND AWARDS ARE PROCESSED ONTO THE STUDENT'S ACCOUNT; 5) WHERE LOANS ARE INVOLVED, THE COLLEGE FOLLOWS UP WITH THE REGULATORY REQUIREMENTS AFTER GRADUATION. THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) IS AN INTEGRAL PART OF THIS PROCESS. THE COLLEGE ALSO PARTICIPATED IN THE HIGHER EDUCATION EMERGENCY RELIEF FUNDING PROGRAM INSTITUTED TO ASSIST COLLEGES WITH PROVIDING EMERGENCY STUDENT RELIEF. STUDENT AID PAID AS PART OF THE HEERF PROGRAM IS REPORTED IN THE INSTITUTIONAL AID AND SCHOLARSHIPS AMOUNT REPORTED IN SCHEDULE I, PART III. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DREW BOGNER | ||||||||||||||
| PRESIDENT EMERITUS | $431,596 | $0 | $100,000 | $0 | $263,142 | $0 | $25,623 | $0 | $28,518 | $0 | $848,879 | $0 | $216,913 | $0 |
| EDWARD J THOMPSON | ||||||||||||||
| VICE PRESIDENT OFFICE OF ADVANCEMENT | $260,839 | $0 | $0 | $0 | $4,125 | $0 | $16,375 | $0 | $42,825 | $0 | $324,164 | $0 | $0 | $0 |
| ANN BRANCHINI | ||||||||||||||
| VICE PRESIDENT ACADEMIC AFFAIRS | $261,230 | $0 | $0 | $0 | $31,154 | $0 | $14,536 | $0 | $1,171 | $0 | $308,091 | $0 | $0 | $0 |
| SUSAN D WILLIAMS | ||||||||||||||
| VICE PRESIDENT FINANCE AND TREASURER | $279,159 | $0 | $0 | $0 | $0 | $0 | $15,334 | $0 | $0 | $0 | $294,493 | $0 | $0 | $0 |
| JAMES P LENTINI | ||||||||||||||
| PRESIDENT | $202,624 | $0 | $0 | $0 | $63,621 | $0 | $4,718 | $0 | $17,671 | $0 | $288,634 | $0 | $0 | $0 |
| MARCIA GARDNER | ||||||||||||||
| DEAN OF NURSING | $248,306 | $0 | $0 | $0 | $0 | $0 | $13,655 | $0 | $0 | $0 | $261,961 | $0 | $0 | $0 |
| MICHAEL TORRES | ||||||||||||||
| VICE PRESIDENT OFFICE OF TECHNOLOGY | $218,197 | $0 | $0 | $0 | $373 | $0 | $0 | $0 | $42,411 | $0 | $260,981 | $0 | $0 | $0 |
| BARBARA SCHMIDT | ||||||||||||||
| ASSISTANT VP ACADEMIC AFFAIRS | $229,898 | $0 | $0 | $0 | $0 | $0 | $14,602 | $0 | $14,625 | $0 | $259,125 | $0 | $0 | $0 |
| VERONICA D FEEG | ||||||||||||||
| PROFESSOR OF NURSING | $202,483 | $0 | $0 | $0 | $0 | $0 | $12,000 | $0 | $28,518 | $0 | $243,001 | $0 | $0 | $0 |
| LINDA ALBANESE | ||||||||||||||
| VICE PRESIDENT ENROLLMENT MANAGEMENT | $218,890 | $0 | $0 | $0 | $2,099 | $0 | $13,459 | $0 | $0 | $0 | $234,448 | $0 | $0 | $0 |
| JANINE BISCARI | ||||||||||||||
| VICE PRESIDENT STUDENT AFFAIRS | $205,222 | $0 | $0 | $0 | $3,875 | $0 | $11,296 | $0 | $0 | $0 | $220,393 | $0 | $0 | $0 |
| JOHN CARPENTE | ||||||||||||||
| DIRECTOR OF REBECCA CENTER | $207,034 | $0 | $0 | $0 | $0 | $0 | $10,706 | $0 | $0 | $0 | $217,740 | $0 | $0 | $0 |
| AUDREY COHAN - SENIOR DEAN OF | ||||||||||||||
| RESEARCH AND SCHOLARSHIP | $201,441 | $0 | $0 | $0 | $0 | $0 | $11,348 | $0 | $0 | $0 | $212,789 | $0 | $0 | $0 |
| DIANE K FORNIERI | ||||||||||||||
| CHIEF OF STAFF AND SECRETARY | $166,684 | $0 | $0 | $0 | $0 | $0 | $10,791 | $0 | $28,518 | $0 | $205,993 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | BOTH THE COLLEGE'S CURRENT PRESIDENT, JAMES LENTINI, AND PRESIDENT EMERITUS DREW BOGNER, ARE PROVIDED CERTAIN PERQUISITES BY VIRTUE OF THEIR POSITION AT THE COLLEGE. BY CONTRACT, THE PRESIDENT POSITION IS ENTITLED TO A HOUSING ALLOWANCE, A CAR ALLOWANCE AND REIMBURSEMENT FOR SOCIAL CLUB DUES. THE CURRENT PRESIDENT, JAMES LENTINI, IS PROVIDED USE OF A RESIDENCE THAT IS BEING TREATED AS A TAXABLE FRINGE BENEFIT (REPORTABLE IN FORM 990, SCHEDULE J, PART II, COLUMN (B)(III)). IN ADDITION, THE VICE PRESIDENT FOR ACADEMIC AFFAIRS IS ENTITLED TO A HOUSING ALLOWANCE, WHILE THE VICE PRESIDENT FOR ADVANCEMENT IS ENTITLED TO BOTH A CAR ALLOWANCE AND REIMBURSEMENT FOR SOCIAL CLUB DUES. THE HOUSING ALLOWANCE AND THE PERSONAL USE OF THE CARS ARE A TAXABLE FRINGE BENEFIT AND ARE INCLUDED IN "OTHER REPORTABLE COMPENSATION" ON SCHEDULE J, PART II, COLUMN (B)(III). THE PRESIDENT AND VICE PRESIDENT USE THE SOCIAL CLUB SOLELY IN A BUSINESS CAPACITY AND THEREFORE, THIS IS A NON-TAXABLE FRINGE BENEFIT. THE PRESIDENT'S COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES AND MEMORIALIZED IN COMMITTEE MINUTE MEETINGS. |
| PART I, LINE 4B | THE PRESIDENT EMERITUS PARTICIPATES IN THE COLLEGE'S SECTION 457(F) PLAN. IN CALENDAR YEAR 2020, PRESIDENT EMERITUS BOGNER RECEIVED A PAYOUT OF $216,913 FROM HIS 457(F) PLAN; THAT AMOUNT IS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III) AND IN COLUMN (F) TO REFLECT AMOUNTS THAT WERE PREVIOUSLY REPORTED AS DEFERRED COMPENSATION ON EARLIER 990S. |
| PART I, LINE 7 | PRESIDENT EMERITUS, DREW BOGNER, RECEIVED A $100,000 BONUS IN CALENDAR YEAR 2020, AUTHORIZED AT THE DISCRETION OF THE BOARD FOR MEETING CERTAIN OBJECTIVE PERFORMANCE-BASED CRITERIA. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| TOWN OF HEMPSTEAD LOCAL DEVELOPMENT CORPORATION | ||||||||
| A | 112798949 | 424682GE6 | 2014-11-14 | $32,574,808 | TO FINANCE THE COST OF A NEW ACADEMIC BUILDING. | 0 | 0 | 0 |
| TOWN OF HEMPSTEAD LOCAL DEVELOPMENT CORPORATION | ||||||||
| B | 112798949 | 424682HD7 | 2017-07-01 | $49,942,142 | TO REFINANCE THE SERIES 2009 BONDS. | 0 | 0 | 0 |
| TOWN OF HEMPSTEAD LOCAL DEVELOPMENT CORPORATION | ||||||||
| C | 112798949 | 424682JU7 | 2018-10-18 | $16,104,560 | TO FINANCE THE COST OF A NEW DORMITORY BUILDING | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $1,730,000 | $32,574,808 | $1,341,777 | $1,480,180 | $481,260 | $30,378,282 | 2016 | 0 | Yes (1) | Yes (1) | Yes (1) | |
| B | $3,620,000 | $49,942,142 | $2,285,797 | $697,145 | 2017 | 0 | Yes (1) | Yes (1) | Yes (1) | $48,923,275 | ||
| C | $400,000 | $16,104,560 | $615,293 | $527,083 | $395,615 | $15,162,277 | 2019 | 0 | 0 | Yes (1) | Yes (1) |
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 | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 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 | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | 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 | SCHEDULE K, PART IV, LINE 2C, COLUMN A: | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE COMMISSIONED AN INDEPENDENT THIRD PARTY BOND ARBITRAGE SPECIALIST TO DETERMINED WHETHER ANY ARBITRAGE EXISTED ON ITS 2014 BOND ISSUANCE. THE ARBITRAGE REPORT WAS ISSUED ON NOVEMBER 14TH, 2019 AND THE CONSULTANT CONCLUDED THAT NO REBATE WAS DUE. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $215,006 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV ON DATE OF DONATION | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | AS PART OF ITS FUNDRAISING EFFORTS, THE COLLEGE SOLICITS DONATIONS FROM MANY SOURCES. IN THOSE INSTANCES WHERE ASSERTING THAT THE SECURITIES CAN BE LIQUIDATED. THE INVESTMENT MANAGER THEN LIQUIDATES THE SECURITIES AND THE CASH IS TRANSFERRED TO THE INVESTMENT MANAGER AND RECEIVED INTO AN ACCOUNT SET UP TO RECEIVE SUCH DONATIONS. THE COLLEGE REQUESTS FROM THE DONOR, A STATEMENT NON-CASH ASSETS ARE ACQUIRED, GENERALLY IN THE FORM OF DONATED PUBLICLY TRADED SECURITIES, THE SECURITIES ARE TRANSFERRED TO OUR OUTSIDE APPROPRIATE CASH ACCOUNT FOR ITS INTENDED USE. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE COLLEGE'S FORM 990 IS PREPARED BY AN INDEPENDENT THIRD PARTY ACCOUNTING FIRM IN CONJUNCTION WITH THE COLLEGE'S FINANCIAL DEPARTMENT. THE 990 IS REVIEWED IN DETAIL BY MANAGEMENT AND THEN SHARED WITH THE COLLEGE'S AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES. UPON APPROVAL BY THE AUDIT COMMITTEE, A COPY OF THE COMPLETE FORM 990 IS SHARED WITH THE FULL BOARD OF DIRECTOR PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | A CONFLICT OF INTEREST STATEMENT IS REQUIRED TO BE COMPLETED ANNUALLY FOR ALL BOARD OF TRUSTEE MEMBERS, OFFICERS AND KEY EMPLOYEES. ANY TRANSACTIONS OR BUSINESS RELATIONSHIPS BETWEEN THE COLLEGE AND A TRUSTEE OR FAMILY MEMBER IS SUBJECT TO REVIEW AND APPROVAL OF DISINTERESTED MEMBERS OF THE BOARD TO ENSURE THAT SUCH TRANSACTIONS OR RELATIONSHIPS ARE IN THE BEST INTEREST OF THE COLLEGE AND COMPLIES WITH COLLEGE POLICY AND ALL APPLICABLE LEGAL AND ETHICAL GUIDELINES. THE EXECUTIVE COMMITTEE OF THE BOARD SHALL REPORT TO THE FULL BOARD PERIODICALLY, BUT AT LEAST ANNUALLY, ANY SIGNIFICANT TRANSACTIONS AND RELATIONSHIPS. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION OF THE PRESIDENT OF THE COLLEGE AND ITS KEY EMPLOYEES ARE APPROVED BY THE BOARD OF TRUSTEES. THE COMPENSATION OF THE PRESIDENT IS BASED ON SEVERAL FACTORS, INCLUDING DATA COLLECTED FROM AND COMPARED TO VARIOUS COLLEGES AND UNIVERSITIES IN OUR PEER GROUP. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COLLEGE DOES NOT POST ITS FINANCIAL STATEMENTS ON ITS WEBSITE. COPIES ARE MADE AVAILABLE UPON REQUEST. THE FORM 990 IS POSTED ON GUIDESTAR AND IS MADE AVAILABLE IN THE COLLEGE'S FINANCE OFFICE. BYLAWS AND OTHER GOVERNING DOCUMENTS ARE MAINTAINED ON PREMISES AND AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | WRITE-OFF OF CAMPAIGN PLEDGES RECEIVABLE -300,547. |