2022-11-17T11:33:52-06:00 2022-06-30 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2021-07-01 160743126 ROBERTS WESLEYAN COLLEGE % LAURIE J LEO ROBE 5855946000 2301 WESTSIDE DRIVE ROCHESTER NY 14624 LAURIE J LEO CFO 5855946861 2022-11-15 true LAURIE J LEO 999009999 Lauren R Denton P01571860 2604604000 2 2021 2022-09-23 18:48:47Z X DEANA L PORTERFIELD 2301 WESTSIDE DRIVE ROCHESTER NY 14624 66182593 false X WWW.ROBERTS.EDU X 1866 NY AS A COMMUNITY OF LEARNERS COMMITTED TO HISTORIC CHRISTIANITY, RWC SEEKS TO PREPARE THOUGHTFUL, SPIRITUALLY MATURE, SERVICE-ORIENTED PEOPLE WHO WILL TRANSFORM SOCIETY. 23 23 1148 45 44417 37751 7294453 9668833 48378313 47905851 1400449 2064035 1410234 1368525 58483449 61007244 18375864 19830943 0 0 21587171 22131200 0 0 215271 16449828 17106994 56412863 59069137 2070586 1938107 137309598 131385408 31475567 29017225 105834031 102368183 X AS A COMMUNITY OF LEARNERS COMMITTED TO HISTORIC CHRISTIANITY, ROBERTS WESLEYAN COLLEGE SEEKS TO PREPARE THOUGHTFUL, SPIRITUALLY MATURE, SERVICE-ORIENTED PEOPLE WHO WILL HELP TRANSFORM SOCIETY. false false 53747657 17891053 49276391 ROBERTS IS AN INNOVATIVE AND DISTINCTIVE CHRISTIAN COLLEGE OFFERING EXCELLENCE IN 90 PLUS LIBERAL ARTS AND PROFESSIONAL PROGRAMS. THE COLLEGE PREPARES STUDENTS FOR SERVICE TO HUMANITY IN BUSINESS, THE ARTS AND A VARIETY OF HUMAN SERVICE FIELDS. DURING THE 2022 FISCAL YEAR, OVER 1700 STUDENTS WERE ENROLLED. 53747657 true true false false false false false false false true true true false false true false true true true false true false false false true false false false true true true false false false false false false false false false false false false false false false true true true false false true 137 0 1148 true true true true CJ LU false false false true true false false false false false false X 23 23 false false false false false false false true true false false false true true true true true true true false NY X LAURIE J LEO 5855946000 2301 WESTSIDE DRIVE ROCHESTER NY 14624 DEANA PORTERFIELD PRESIDENT 50.0 4.0 X 206376 0 41991 LAURIE LEO CHIEF FINANCIAL OFFICER 40.0 6.0 X 151264 0 1513 DAVID BASINGER CHIEF ACADEMIC OFFICER 40.0 0.0 X 121427 0 7273 KIMBERLEY WIEDEFELD VP FOR ENROLLMENT MANGEMENT 45.0 0.0 X 106600 0 21762 RACHEL ADAMS GOERTEL ASSOCIATE PROFESSOR 40.0 0.0 X 104591 0 21437 KRISTEN BROWN VP FOR STUDENT AND ORGANZATION 40.0 2.0 X 108343 0 6635 MICHELE KRAYNIK PROFESSOR 40.0 0.0 X 102127 0 832 DOUG CULLUM VP/DEAN NORTHEASTERN SEMINARY 2.0 40.0 X 69239 0 31748 ALEXANDER JONES VP FOR ADVANCEMENT 40.0 2.0 X 73747 0 11027 LINDA J ADAMS TRUSTEE 2.0 2.0 X 0 0 0 JANET L BALAJTHY TRUSTEE 2.0 2.0 X 0 0 0 EVELYN LYN M BARNETT TRUSTEE 2.0 2.0 X 0 0 0 PAMELA JH PAM BRAMAN TRUSTEE 2.0 2.0 X 0 0 0 EMERSON U FULLWOOD TRUSTEE 2.0 2.0 X 0 0 0 CHAD W GOODCHILD TRUSTEE 2.0 2.0 X 0 0 0 RAMONA GRAHAM TRUSTEE 2.0 2.0 X 0 0 0 TIMOTHY R HARNER SECRETARY 2.0 2.0 X X 0 0 0 HOLLY M HILLBERG VICE CHAIR 2.0 2.0 X X 0 0 0 DAVID W HUGHES LEFT 1021 TRUSTEE 2.0 2.0 X 0 0 0 DANIELE J LYMAN-TORRES TRUSTEE (LEFT 10/21) 2.0 2.0 X 0 0 0 PAUL A LYSANDER TRUSTEE 2.0 2.0 X 0 0 0 KEVIN W MANNOIA TRUSTEE 2.0 2.0 X 0 0 0 WAYNE G MCCOWN TRUSTEE 2.0 2.0 X 0 0 0 DUNCAN W O'DWYER TRUSTEE 2.0 2.0 X 0 0 0 DWIGHT M KIP PALMER CHAIR 2.0 2.0 X X 0 0 0 DAVID B RINKER TRUSTEE 2.0 2.0 X 0 0 0 MAURICIO F RIVEROS TRUSTEE 2.0 2.0 X 0 0 0 BARBARA J ROSE TRUSTEE 2.0 2.0 X 0 0 0 DEBORAH K SCHMIDT TRUSTEE 2.0 2.0 X 0 0 0 WESLEY R SKINNER JR TRUSTEE 2.0 2.0 X 0 0 0 TERRY R TABER VICE CHAIR 2.0 2.0 X X 0 0 0 CARYL L WENZKE TRUSTEE 2.0 2.0 X 0 0 0 DEBORAH J WHITE TRUSTEE 2.0 2.0 X 0 0 0 GUY ADAMS TRUSTEE 2.0 0.0 X 0 0 0 1043714 0 144218 7 false true false METZ CULINARY MANAGEMENT 2 WOODLAND DRIVE DALLAS PA 18612 FOOD SERVICE 1771799 EAB GLOBAL INC PO BOX 603519 CHARLOTTE NC 28260 RESEARCH/MARKETING 439645 MVP HEALTH SERVICES CORP 625 State Street PO Box 2207 SCHENECTADY NY 12301 HR SERVICES 1407849 HARTER SECREST AND EMERY LLP 1600 BAUSCH AND LOMB PLACE ROCHESTER NY 14604 LEGAL SERVICES 217853 HOME LEASING CONSTRUCTION LLC 75 S CLINTON AVE SUITE 700 ROCHESTER NY 14604 CONSTRUCTION SERVICE 2915174 9 17390 72000 5991174 3588269 0 9668833 TUITION AND FEES 611310 42968140 42968140 SALES & SERVICES OF AUXILIARY ENTERPRISES 611310 4295734 4295734 OTHER PROGRAM REVENUE 611310 641977 641977 47905851 691807 44417 647390 0 0 0 0 0 6539282 5167054 1372228 1372228 1372228 6280 17390 8295 -2015 -2015 0 0 0 0 0 0 OTHER REVENUE 611710 486336 486336 REIMBURSEMENTS 611710 884204 884204 1370540 61007244 49276391 44417 2017603 0 19830943 19830943 0 0 401145 348774 46519 5852 0 19849227 17803621 1900147 145459 20500 18376 1971 153 1860328 1667595 178833 13900 0 0 148608 148608 80998 80998 0 0 136636 136636 1967253 1750680 216573 899276 899276 825779 740227 79382 6170 289353 289353 0 1853853 1661790 178211 13852 408821 366465 39300 3056 0 93080 84065 9015 767055 692763 74292 0 3590490 3218508 345153 26829 481942 481942 ALL OTHER EXPENSES 2542380 2542380 ACADEMIC SUPPLIES, BOOKS, ETC 220056 220056 EQUIPMENT AND EVENTS 2590667 2590667 ALLOWANCE FOR BAD DEBTS 210747 210747 59069137 53747657 5106209 215271 11090 9444 17745753 10150447 4900297 1940365 3187607 4001748 0 0 0 0 1197257 942487 27837 28927 231527 175582 138542713 71492173 61025682 67050540 27886961 28003807 18160989 15389835 0 0 0 0 2934598 3692226 137309598 131385408 2479891 2437598 0 0 2775767 2369485 16741821 15751895 0 0 0 0 0 0 0 0 9478088 8458247 31475567 29017225 X 63346128 61524904 42487903 40843279 105834031 102368183 137309598 131385408 X 1938107 -4798702 -605253 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35202803 1808525 -2867349 744559 552174 32847246 28915629 959612 7059503 1236062 495879 35202803 27933763 1691570 790501 1167256 332949 28915629 27989144 568713 1079907 1105288 598713 27933763 25274561 2887836 950558 1047699 76112 27989144 0.33620 0.66380 true true true 2062189 2062189 96375370 45614823 50760547 110302 86928 23374 24956164 21173242 3782922 15038688 4617180 10421508 67050540 7953393 F CASH SURRENDER VALUE LIFE INS. 643969 F INVESTMENT IN AFFILIATE 6792473 F 15389835 0 PRESENT VALUE OF ANNUITIES PAY 1315678 INTEREST - RATE SWAP LIABILITY 79227 ASSET RETIREMENT OBLIGATION 806218 FUNDS HELD FOR NORTHEASTERN SE 4383531 REFUNDABLE GRANT 1818047 CAPITAL LEASE OBLIGATION 55546 8458247 38325784 -4798702 8295 -4790407 43116191 17891053 17891053 61007244 41186379 8295 8295 41178084 17891053 17891053 59069137 SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS ARE HELD TO FINANCE PROJECTS AND SCHOLARSHIPS IN ORDER TO MEET THE GOALS OF THIS CHRISTIAN INSTITUTION IN HIGHER EDUCATION. SCHEDULE D, ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI & XII LINE 2D SPECIAL EVENTS $ 8,295 SCHEDULE D, PART XI & XII, LINE 4B STUDENT FINANCIAL AID $17,891,053 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 ROBERTS WESLEYAN COLLEGE COMPLIES WITH ALL APPLICABLE NON-DISCRIMINATORY LAWS AND IS COMMITTED TO OUR ENHANCEMENT OF HUMAN DIGNITY AND WORKPLACE DIVERSITY. THIS IS ADVERTISED IN EMPLOYMENT RELATED ADS AND ON OUR WEBSITE AT WWW.ROBERTS.EDU. SCHEDULE E, PART I, LINE 6A ROBERTS WESLEYAN RECEIVES GRANTS FROM BOTH FEDERAL AND NEW YORK STATE GOVERNMENTS. THIS INCLUDES AID ADMINISTERED THROUGH THE PERKINS LOAN AND PELL GRANT PROGRAMS, SEOG, AND COLLEGE WORK-STUDY (FEDERAL) AND BUNDY AID, TAP, AND NURSING GRANTS RECEIVED THROUGH NEW YORK STATE. THE COLLEGE PARTICIPATES IN THE FEDERAL DIRECT LOAN PROGRAM, WHICH PROVIDES LOANS TO ELIGIBLE STUDENTS SUBJECT TO FEDERAL LIMITATIONS AND CREDIT HISTORY OF THE INDIVIDUAL STUDENT. THESE AMOUNTS ARE USED IN DIRECT AND INDIRECT SUPPORT OF STUDENTS, TO HELP OFFSET, IN PART, THE COSTS OF TUITION, BOOKS AND OTHER COSTS OF ATTENDANCE. ADDITIONALLY, THE COLLEGE MAY RECEIVE CAPITAL GRANTS FROM BOTH FEDERAL AND STATE AGENCIES WHICH ARE USED TO HELP UPGRADE FACILITIES. false CENTRAL AMERICA/CARIBBEAN PASSIVE INVESTMENTS 6570183 EUROPE PASSIVE INVESTMENTS 535111 7105294 7105294 true false false false false false GOLF OUTING 23670 17390 6280 200 2688 2297 3110 0 23670 17390 6280 200 2688 2297 3110 8295 -2015 true SCHOLARSHIP ASSISTANCE 1723 19830943 SCHEDULE I, PART I, LINE 2 OUR FINANCIAL AID OFFICE AWARDS SCHOLARSHIPS TO STUDENTS BASED ON SUBMITTED FAFSA DATA AND ACADEMIC PERFORMANCE. THE FINANCIAL AID OFFICE IS RESPONSIBLE FOR ENSURING COMPLIANCE WITH ALL RELEVANT STATE AND FEDERAL REQUIREMENTS RELATIVE TO GRANT-BASED AID. THIS SCHOLARSHIP ASSISTANCE TO STUDENTS REDUCES THE NET AMOUNT PAYABLE TO THE COLLEGE. X X X true true X X X false false false false false false false false false DEANA PORTERFIELD PRESIDENT 204175 0 0 0 2201 0 21626 0 20365 0 248367 0 LAURIE LEO CHIEF FINANCIAL OFFICER 151264 0 0 0 0 0 1513 0 0 0 152777 0 SCHEDULE J, PART I, LINE 1A THE PRESIDENT OF ROBERTS IS CONSIDERED A KEY REPRESENTATIVE OF THE COLLEGE AND THEREFORE TRAVEL COSTS RELATED TO CERTAIN OFFICIAL COLLEGE MEETINGS ARE NONTAXABLE TO THE PRESIDENT. THE COLLEGE PRESIDENT RESIDES IN COLLEGE PROVIDED HOUSING WHICH ALSO SERVES AS A PLACE FOR MEETINGS WITH COLLEGE GUESTS, STUDENTS, DONORS, AND ALUMNI AT VARIOUS TIMES THROUGHOUT THE YEAR. THE COLLEGE PAYS ANNUAL DUES FOR THE PRESIDENTS DINING CLUB MEMBERSHIP TO PROVIDE A QUALITY, OFF-CAMPUS MEETING VENUE. THE PRESIDENT IS THE ONLY INDIVIDUAL ABLE TO USE, SOLELY FOR COLLEGE RELATED PURPOSES. A MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION 510188852 2014-03-14 26000000 SCIENCE AND NURSING BUILDING false false false A 9876047 0 26000000 0 293818 0 520502 0 0 19471547 0 0 2017 false false false true A false false false false 0 false false false false A false false false false true false 0 false 0 false false A false SUPPLEMENTAL INFORMATION ROBERTS WESLEYAN COLLEGE HAS ANSWERED NO TO PART III LINE 9, PART IV LINE 7, AND PART V. THE COLLEGE IS IN THE PROCESS OF ESTABLISHING POLICIES AND PROCEDURES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL WITH THE MEMBERS OF THE BOARD'S BUSINESS AFFAIRS COMMITTEE. THE FULL BOARD IS PROVIDED A COPY OF FORM 990 WITHOUT SCHEDULE B FOR REVIEW. AN INDEPENDENT ACCOUNTING FIRM ALSO REVIEWS THE 990 BEFORE SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES SHALL DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. NO TRUSTEE SHALL VOTE ON ANY MATTER, UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH THE TRUSTEE HAS A CONFLICT OF INTEREST. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE TRUSTEE HAVING A CONFLICT OF INTEREST ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD OR COMMITTEE TO RESOLVE THE QUESTIONS BY MAJORITY VOTE. A REPORT OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS UNDERTAKEN BY THE FINANCE OFFICE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A A PERIODIC COMPENSATION REVIEW IS PERFORMED FOR THE PRESIDENT BY THE BOARD'S COMPENSATION COMMITTEE AND THE VICE PRESIDENT FOR STUDENT AND ORGANIZATIONAL DEVELOPMENT. THE REVIEW INCLUDES INFORMATION FROM PEER AND INDUSTRY DATA TO DETERMINE EQUITABLE, COMPETITIVE COMPENSATION. THIS COMES FROM BOTH LOCAL AND NATIONAL PAY DATABASES. GENERALLY, SALARIES ARE TIED TO A COMBINATION OF CUPA, ATS, AND LOCAL BENCHMARKS. THE COMPENSATION REVIEW WAS CONDUCTED BY THE COMPENSATION COMMITTEE IN 2018, COVERING THE PERIOD THROUGH JUNE OF 2023. FORM 990, PART VI, SECTION B, LINE 15B AN ANNUAL COMPENSATION REVIEW IS PERFORMED BY THE PRESIDENT AND THE VICE PRESIDENT FOR STUDENT AND ORGANIZATIONAL DEVELOPMENT. THIS REVIEW INCLUDES COMPARABILITY DATA FROM THE NATIONAL PAY DATABASES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 RECONCILIATION OF NET ASSETS CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -455,641 CHANGE IN LOSS ON INTEREST RATE SWAP CONTRACTS 209,603 INCOME FROM AFFILIATES -359,215 TOTAL -$605,253 NORTHEASTERN SEMINARY 2301 WESTSIDE DRIVE ROCHESTER NY 14624 161554414 EDUCATION NY 501(C)(3) 2 RWC true HOUSING DEVELOPMENT FOUNDATION INC 2301 WESTSIDE DRIVE ROCHESTER NY 14624 161583317 HOUSING NY 501(C)(3) 10 NA false false false true false false false false false false true true false true true true true true true true HOUSING DEVELOPMENT FOUNDATION O 118411 ALLOCATION HOUSING DEVELOPMENT FOUNDATION INC Q 262177 ALLOCATION NORTHEASTERN SEMINARY C 72000 FMV NORTHEASTERN SEMINARY Q 337005 ALLOCATION NORTHEASTERN SEMINARY K 63486 SQ FOOTAGE NORTHEASTERN SEMINARY O 989476 ACTUAL WAGES