2021-05-17T10:33:08-05:00 2020-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2019-07-01 060646520 ALBERTUS MAGNUS COLLEGE ALBE 2037738516 700 PROSPECT STREET NEW HAVEN CT 06511 JOANNE WILLIAMS INTERIM VP FOR FINANCE 2037738516 2021-05-17 1 PATRICIA MCGOWAN P00184514 9592007000 2021-05-14 2019 2022-09-23 18:48:47Z JOANNE WILLIAMS 700 PROSPECT STREET NEW HAVEN CT 06511 46720143 0 X WWW.ALBERTUS.EDU X 1925 CT TO PROVIDE HIGHER EDUCATION TO COLLEGE STUDENTS 23 22 671 0 50449 -71332 1679078 4828160 30483695 32598577 2052915 2266964 166040 261177 34381728 39954878 9443988 11510431 0 0 19213633 20605912 0 0 5305654 11323119 11386380 39980740 43502723 -5599012 -3547845 61150837 76187703 14082822 31916966 47068015 44270737 TO MAINTAIN AND OPERATE AN INSTITUTION OF HIGHER LEARNING WHICH PROVIDES INSTRUCTION IN THE LIBERAL ARTS AND SCIENCES AND CONFERS DEGREES UPON THE COMPLETION OF CURRICULA PRESCRIBED BY THE COLLEGE IN ACCORDANCE WITH ITS CHARTER AND THE LAWS OF THE STATE OF CONNECTICUT. 0 0 27080998 11510431 32548128 INSTRUCTION, LIBRARY, AND STUDENT AID OF APPROXIMATELY 1,924 COLLEGE STUDENTS BY APPROXIMATELY 129 QUALIFIED INSTRUCTORS AND THE OPERATION OF THE PHYSICAL PLANT. 9691740 STUDENT SERVICES AND AUXILIARY (STUDENT SUPPORT) SERVICES CONSISTING OF HOUSING, FOOD SERVICE, LAUNDRY SERVICE, INFIRMARY AND COUNSELING OF APPROXIMATELY 1,924 COLLEGE STUDENTS. 36772738 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 103 0 1 671 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CT X JOANNE WILLIAMS INTERIM VP FOR FINANCE 2037738516 700 PROSPECT STREET NEW HAVEN CT 06511 ANNE LYTHGOE TRUSTEE 1.00 X 0 0 0 ANNE O MCCRORY TRUSTEE 1.00 X 0 0 0 BARBARA L PEARCE TRUSTEE 1.00 X 0 0 0 BERNARD A PELLEGRINO TRUSTEE EMERITA 1.00 X 0 0 0 BISHOP THEODORE L BROOKS TRUSTEE 1.00 X 0 0 0 DR LYNNE S FARRELL OUTGOING TRUSTEE 1.00 X 0 0 0 ELIZABETH S BOWMAN OUTGOING TRUSTEE 1.00 X 0 0 0 ELLEN M MULHOLLAND TRUSTEE EMERITA 1.00 X 0 0 0 FRANCES B GRANDQUIST OUTGOING TRUSTEE 1.00 X 0 0 0 HOPE CAHOON TRUSTEE 1.00 X 0 0 0 JEANNE M DENNISON TRUSTEE EMERITA 1.00 X 0 0 0 JOAN E SACCO TRUSTEE 1.00 X 0 0 0 JOHN R NESTER TRUSTEE 1.00 X 0 0 0 JOSEPH P GERMAIN JR SECRETARY/TRUSTEE 1.00 X X 0 0 0 KERRY ALYS ROBINSON TRUSTEE 1.00 X 0 0 0 LAWRENCE P WARD TRUSTEE 1.00 X 0 0 0 LOUIS F TAGLIATELA JR TRUSTEE 1.00 X 0 0 0 LOUIS FLACH HONORARY TRUSTEE 1.00 X 0 0 0 MARC C CAMILLE PRESIDENT/TRUSTEE 40.00 X X 457318 0 32199 MARK JENUSAITIS TRUSTEE 1.00 X 0 0 0 PAUL MCCRAVEN OUTGOING TRUSTEE 1.00 X 0 0 0 RAYMOND J PEACH TREASURER/TRUSTEE 1.00 X X 0 0 0 ROBERT J LYONS JR TRUSTEE 1.00 X 0 0 0 SISTER ANNE LYTHGOE TRUSTEE 1.00 X 0 0 0 SISTER MAURYEEN O'BRIEN OUTGOING TRUSTEE 1.00 X 0 0 0 SISTER PATRICIA TWOHILL TRUSTEE 1.00 X 0 0 0 SISTER SUSAN OLSON TRUSTEE 1.00 X 0 0 0 SISTER VIRGINIA BRUEN TRUSTEE 1.00 X 0 0 0 TABITHA W MANAFORT TRUSTEE 1.00 X 0 0 0 THOMAS F FLYNN TRUSTEE 1.00 X 0 0 0 VINCENT PETRINI CHAIR/TRUSTEE 1.00 X 0 0 0 WILLIAM J DOYLE OUTGOING TRUSTEE 1.00 X 0 0 0 WILLIAM HAWKINS VP FOR FINANCE & ADMIN 40.00 X 185285 0 7515 ANDREA KOVACS VP FOR ACADEMIC AFFAIRS 40.00 X 154267 0 21703 ANDREW FOSTER VP FOR STUDENT SERVICES 40.00 X 159530 0 8062 SEAN O'CONNELL VP FOR ACADEMIC AFFAIRS 40.00 X 189765 0 26091 STEVEN GSTALDER VP FOR INFORMATION TECHNOLOGY 40.00 X 161741 0 27078 WILLIAM ANISKOVICH ASSISTANT PROFESSOR 40.00 X 169925 0 457 1477831 0 123105 7 0 1 0 FIP CONSTRUCTION INC 1536 NEW BRITAIN AVE FARMINGTON CT 06032 CONSTRUCTION SERVICES 8040008 AMERICAN EXPRESS 62578 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 CREDIT CARD SERVICES 1240122 CHARTWELLS COMPASS GROUP 2400 YORKMONT ROAD CHARLOTTE NC 28217 FOOD SERVICES 1093384 EAB PO BOX 603519 CHARLOTTE NC 28260 EDUCATION CONSULTANT 791876 SECURITAS SECURITY SERVICES USA INC 2 CAMPUS DRIVE PARSIPPANY NJ 07054 SECURITY SERVICES 755443 27 45243 2242123 2540794 91480 4828160 TUITION AND FEES 900099 29326722 29326722 STUDENT SUPPORT SERVICE 611710 3221406 3221406 ATHLETIC MEMBERSHIPS 713940 50449 50449 32598577 607677 607677 261177 0 261177 261177 261177 8400020 6740733 1659287 1659287 1659287 24532 45243 24532 0 39954878 32548128 50449 2528141 11510431 11510431 722730 534852 9594 178284 15267285 11298461 202670 3766154 764732 565935 10152 188645 2708102 2004114 35950 668038 1143063 845917 15174 281972 166405 166405 3578596 2762310 816286 370299 351784 18515 1274212 1060984 50527 162701 14859 14859 812460 724697 87763 413453 372108 41345 213696 206052 7644 821493 821493 1742453 1557788 184665 GUARD SERVICES 1091370 1091370 MEMBERSHIP & DUES 434352 434352 BAD DEBTS 316787 316787 EQUIPMENT AND RENTAL MA 104557 104557 31388 27482 3906 43502723 36772738 1424331 5305654 1465502 1065186 1788321 2118452 74215 55166 709906 2173647 690738 433676 55625 364680 608043 65625852 30117602 16856646 35508250 32933256 34135991 6267573 33667 61150837 76187703 4335082 3607594 1096859 871484 7948052 17866973 702829 9570915 14082822 31916966 X 39030866 35695135 3944083 8575602 47068015 44270737 61150837 76187703 -3547845 750567 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 PART 11-B, LINE 1, LOBBYING ACTIVITIES: ALBERTUS MAGNUS COLLEGE MAY INDIRECTLY INCUR LOBBYING EXPENSES THROUGH DUES PAID TO OTHER ORGANIZATIONS 26162088 185956 2195044 2721932 25821156 8681852 16278274 2337962 1136000 26162088 7850942 186516 776223 131829 8681852 6948392 103704 938036 139190 7850942 6799067 199852 92052 142579 6948392 0.69710 0.16160 0.14130 0 0 57517142 23565623 33951519 8052084 6495353 1556731 56626 56626 0 35508250 LOAN FUNDS REFUNDABLE 474792 LINE OF CREDIT 6058331 SBA PPP LOAN 3037792 9570915 X 30120409 750567 -10609568 -9859001 39979410 -24532 -24532 39954878 32917687 24532 24532 32893155 10609568 10609568 43502723 PART X, LINE 2: THE COLLEGE IS A TAX-EXEMPT ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "IRC") AND, AS SUCH, IS NOT SUBJECT TO FEDERAL OR STATE CORPORATION INCOME TAXES. THE COLLEGE HAD NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2020 OR 2019. THE COLLEGE'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2017 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE COLLEGE HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID -10,609,568. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES INCLUDED IN FUNCTIONAL EXPENSES -24,532. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES INCLUDED IN FUNCTIONAL EXPENSES 24,532. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID 10,609,568. PART V, LINE 4: THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NOTED IN GENERAL PUBLICATIONS AND ADVERTISEMENTS. SCHEDULE E, PART I, LINE 6 SCHEDULE E - LINE 6A: THE COLLEGE PARTICIPATES IN FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS GOLF 69775 45243 24532 24532 69775 45243 24532 24532 24532 0 1 STUDENT FINANCIAL AID 592 11510431 FAIR MARKET VALUE REDUCTION OF TUITION COST CHARGED TO STUDENTS PART I, LINE 2: THE COLLEGE MAINTAINS A LISTING OF FINANCIAL AID AWARDED TO EACH STUDENT. X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MARC C CAMILLE PRESIDENT/TRUSTEE 457318 0 0 0 0 0 16554 0 15645 0 489517 0 0 0 WILLIAM HAWKINS VP FOR FINANCE & ADMIN 180285 0 5000 0 0 0 6485 0 1030 0 192800 0 0 0 ANDREA KOVACS VP FOR ACADEMIC AFFAIRS 149267 0 5000 0 0 0 6171 0 15532 0 175970 0 0 0 ANDREW FOSTER VP FOR STUDENT SERVICES 154530 0 5000 0 0 0 7179 0 883 0 167592 0 0 0 SEAN O'CONNELL VP FOR ACADEMIC AFFAIRS 184765 0 5000 0 0 0 10437 0 15654 0 215856 0 0 0 STEVEN GSTALDER VP FOR INFORMATION TECHNOLOGY 156741 0 5000 0 0 0 7278 0 19800 0 188819 0 0 0 WILLIAM ANISKOVICH ASSISTANT PROFESSOR 169925 0 0 0 0 0 0 0 457 0 170382 0 0 0 PART I, LINE 1A PAYMENTS MADE FOR HOUSING ALLOWANCE AND GROSS UP PAYMENTS ARE STIPULATED IN THE EMPLOYMENT CONTRACT AND INCLUDED IN SCHEDULE J, PART II, REPORTABLE COMPENSATION. X 1 6500 FMV X 1 84980 FMV 0 0 0 PART I, COLUMN (B): THE AMOUNTS LISTED ARE THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B OUR NORMAL PROCEDURE IS THAT THE PRESIDENT, V.P. FOR FINANCE/TREASURER, AND FINANCE COMMITTEE REVIEW AND APPROVE THE FORM 990, AND THEN PROVIDE IT TO THE BOARD OF TRUSTEES, PRIOR TO FILING THE RETURN. UNFORTUNATELY, DUE TO THE LINGERING EFFECTS OF THE COVID-19 PANDEMIC AND STAFF ATTRITION, THIS YEAR THE FINANCE COMMITTEE AND BOARD OF TRUSTEES WILL BE PROVIDED THE FORM 990 SUBSEQUENT TO THE FORM BEING FILED WITH THE INTERNAL REVENUE SERVICE. WE WILL RESUME OUR STANDARD PROCEDURE IN THE NEXT YEAR. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT OF THE COLLEGE MONITORS THE RETURN OF THE CONFLICT OF INTEREST FORMS WHICH MUST BE SIGNED ANNUALLY BY ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES. ANY DISCLOSED CONFLICT IS REPORTED TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES OVERSEES, REVIEWS AND APPROVES ALL COMPENSATION ON AN ANNUAL BASIS USING COMPARABILITY DATA AND CONTEMPORANEOUSLY DOCUMENTS THE DECISION MAKING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS CONFLICT OF INTEREST POLICY, ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.