2021-11-15T14:49:53-06:00 2020-12-31 141555429 UHY ADVISORS NY INC 1185 AVENUE OF THE AMERICAS 38TH FLOOR NEW YORK NY 10036 990 2020-01-01 133705284 HELENE FULD COLLEGE OF NURSING HELE 2126167200 24 EAST 120TH STREET NEW YORK NY 10035 JOYCE GRIFFIN-SOBEL PRESIDENT AND CEO 2126167200 2021-11-15 1 JOYCE GRIFFIN-SOBEL 999009999 MICHAEL BURKE P01595226 2123814700 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JOYCE GRIFFIN-SOBEL 24 EAST 120TH STREET NEW YORK NY 10035 17664841 0 X WWW.HELENEFULD.EDU X 2004 NY HELENE FULD COLLEGE OF NURSING IS AN INDEPENDENT SINGLE-PURPOSE INSTITUTION. ITS MISSION IS TO PROVIDE A DYNAMIC CAREER-APPROACH TO NURSING EDUCATION TO IMPROVE PROFESSIONAL PRACTICE AND CONTRIBUTE TO THE HEALTH OF COMMUNITIES. 16 14 121 0 0 0 133287 76627 7818656 10447634 398382 350512 0 0 8350325 10874773 202017 131080 0 0 4670227 5627304 0 0 0 2761694 2995220 7633938 8753604 716387 2121169 10273409 13859868 1138268 2087128 9135141 11772740 SEE SCHEDULE O 0 0 7317780 131080 10447634 SEE SCHEDULE O 7317780 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 96 0 1 121 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X GALINA VILKINA 2126167270 24 EAST 120TH STREET NEW YORK NY 10035 JAMES C FRAUENTHAL CHAIRPERSON 2.00 X X 0 0 0 SHARON LADAY SECRETARY 2.00 X X 0 0 0 FRANK NAIRNE TREASURER 2.00 X X 0 0 0 PAUL STRYKER BARRETT TRUSTEE 2.00 X 0 0 0 RUTH L FISCHBACH TRUSTEE 2.00 X 0 0 0 HAYWARD S GILL JR TRUSTEE 2.00 X 0 0 0 MADHU MAZUMDAR TRUSTEE 2.00 X 0 0 0 ABIOLA T JEREMIAH TRUSTEE 2.00 X 0 0 0 ALAN B MCDOUGALL TRUSTEE 2.00 X 0 0 0 ALAN S ROEMER TRUSTEE 2.00 X 0 0 0 MARIE KONSTANCE TRUSTEE 2.00 X 0 0 0 CARLOTTA M ARTHUR TRUSTEE 2.00 X 0 0 0 GRETCHEN HARDERS TRUSTEE 2.00 X 0 0 0 JOHN BERTOLOZZI TRUSTEE 2.00 X 0 0 0 NATALIA CINEAS TRUSTEE 2.00 X 0 0 0 DARA COOK TRUSTEE 2.00 X 0 0 0 GALINA VILKINA CFO 40.00 X 129557 0 0 JOYCE GRIFFIN-SOBEL PRESIDENT & CEO 40.00 X 294045 0 24020 SANDRA CAROLLO PROVOST & EXECUTIVE VP 40.00 X 171581 0 24765 LAYLA QAABIDH DEAN 40.00 X 134540 0 0 ESMIRA YUSUFOVA FACULTY 40.00 X 119332 0 0 849055 0 48785 5 0 1 0 METRO SOUND PROS 577 STATE ROUTE 208 SUITE 200 MONROE NY 10905 TECHNOLOGY UPGRADE 208625 ANTHOLOGY 5201 CONGREE AVENUE STE 220A BOCA RATON FL 33487 NEW STUDENT MANAGEMENT SYSTEM 157795 PORTLAND RESTORATION 92 WRIGHT STREET WEST BABYLON NY 11704 CONSTRUCTION 151775 MAUVIN RURRELL 793C EAST 160TH ST BRONX NY 10456 CONSTRUCTION 136447 DIEKIN AIRE 243-31 145TH AVENUE JAMAICA NY 11422 CONSTRUCTION 129625 5 22642 53985 76627 TUITION REVENUE 611600 9632941 9632941 CHEMISTRY LAB FEES 611600 397141 397141 CLINICAL NSG SKILLS 611600 214067 214067 APPLICATION FEES 611600 102510 102510 TESTING & ACADEMIC REV 611600 97963 97963 3012 3012 10447634 118191 118191 7022389 6790068 232321 232321 232321 10874773 10447634 0 350512 131080 131080 567460 486912 80548 4276060 3669093 606967 17198 14757 2441 424829 364525 60304 341757 293245 48512 66307 66307 78953 78953 57744 57744 94688 94688 17803 5000 12803 343436 277219 66217 1043561 940397 103164 31416 21725 9691 295783 266543 29240 96356 86022 10334 EDUCATION 484343 484343 OTHER EXPENSES 204529 55089 149440 SUBSCRIPTIONS 112704 98721 13983 COLLEGE TESTING 40980 40980 26617 24385 2232 8753604 7317780 1435824 0 1141080 622773 1454463 2657884 170967 541188 1056908 1119186 3312165 1836386 657943 1475779 5792048 7443058 10273409 13859868 541436 1520736 596832 566392 1138268 2087128 X 8431964 11213174 703177 559566 9135141 11772740 10273409 13859868 2121169 516430 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 703177 28950 53774 78911 147424 559566 772387 77900 83385 129150 101345 703177 790097 181700 -27807 115957 55646 772387 795269 175625 53228 123238 110787 790097 788824 168600 28482 116810 73827 795269 0.00000 0.88390 0.11610 0 0 2129425 1112776 1016649 611971 350252 261719 570769 373358 197411 1475779 X 11202379 516430 -131080 385350 10817029 57744 57744 10874773 8564780 0 8564780 57744 131080 188824 8753604 PART X, LINE 2: THE COLLEGE WAS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION IN NYS, AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE INCOME TAX POSITIONS TAKEN BY THE COLLEGE FOR ANY YEARS OPEN UNDER THE VAROUS STATUTES OF LIMITATIONS ARE THAT THE COLLEGE CONTINUES TO BE EXEMPT FROM INCOME TAXES AND THAT THE COLLEGE DOES NOT HAVE UNRELATED BUSINESS INCOME THAT WOULD SUBJECT IT TO INCOME TAXES. THE COLLEGE BELIEVES THAT THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY INCREASE OR DECREASE UNRECOGNIZED TAX BENEFITS WITHIN 12 MONTHS OF THE REPORTING DATE. NONE OF THE COLLEGE'S FEDERAL OR STATE RETURNS ARE CURRENTLY UNDER EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS/FELLOWSHIPS NOT IN PART VIII -131080 PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS/FELLOWSHIPS IN PART IX 131080 PART V, LINE 4: THE OBJECTIVE OF THE COLLEGE IS TO MAINTAIN THE PRINCIPAL ENDOWMENT FUNDS AT THE ORIGINAL AMOUNT DESIGNATED BY THE DONOR WHILE GENERATING INCOME FOR THE SPECIFIED PROGRAM. THE INVESTMENT POLICY TO ACHIEVE THIS OBJECTIVE IS TO INVEST IN CASH EQUIVALENTS AND OTHER LOW-RISK SECURITIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE PUBLICIZES ITS NON DISCRIMINATION POLICY IN SEVERAL VENUES: WEBSITE, HANDBOOKS, MARKETING BROCHURES AND IN HR DOCUMENTS. PART I, LINE 6: HELENE FUND COLLEGE OF NURSING RECEIVED THE FOLLOWING GRANTS IN 2020: BUNDY AID (STATE GRANT) - $4,032 HIGN NEEDS NURSING AID - $17,015 FEDERAL PELL GRANT - $1,595 TOTAL - $22,642 PART I, LINE 6: GRANT AND AID DETAILS: TYPE OF FINANCIAL AID RECEIVED - # OF RECIPIENTS: LOUIS & RACHEL RUDIN FOUNDATION - 86 SWITZER AWARD - 31 WILLIAM T. MORRIS FOUNDATION - 0 AID FOR PART-TIME STUDY - 15 NYS TUITION ASSISTANCE PROGRAM - 163 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT - 145 PELL GRANT - 390 PARKER JEWISH INSTITUTE SCHOLARSHIP - 54 TOTAL NUMBER OF RECIPIENTS - 884 PART I, LINE 6: THE COLLEGE RECEIVES THE FOLLOWING AWARDS THAT DO NOT IMPACT THE COLLEGE'S PROFIT AND LOSS STATEMENT AS THE AWARDS ARE RECEIVED AND IMMEDIATELY DISBURSED TO SCHOLARSHIP/GRANT RECIPIENTS: US DEPARTMENT OF EDUCATIONAL FEDERAL PELL GRANT PROGRAM - $775,423 FSEOG GRANT - $41,869 AID FOR PART-TIME STUDY (PART-TIME TAP) - $12,390 NYS TUITION ASSISTANCE PROGRAM (TAP) - $242,386 PARKER JEWISH INSTITUTE SCHOLARSHIP - $205,920 TOTAL GRANTS - $1,277,988 PART I, LINE 6: LOANS - # OF RECIPIENTS - AMOUNT PRIVATE EDUCATIONAL LOAN - 47 - $388,006 FEDRAL SUBSIDIZED LOAN - 493 - $1,399,133 FEDERAL UNSUBSIDIZED LOAN - 574 - $2,917,832 TOTAL LOANS - $4,704,971 1 STUDENT SCHOLARSHIPS 363 131080 PART III LINE A THE COLLEGE HAS A SCHOLARSHIP COMMITTEE WHICH REVIEWS SCHOLARSHIP APPLICATIONS AND CRITERIA, AND RECOMMENDS SCHOLARSHIP AWARDS TO THE PRESIDENT. X 0 0 0 0 0 0 0 0 0 JOYCE GRIFFIN-SOBEL PRESIDENT & CEO 244045 0 50000 0 0 0 16200 0 7820 0 318065 0 0 0 SANDRA CAROLLO PROVOST & EXECUTIVE VP 161581 0 10000 0 0 0 12450 0 12315 0 196346 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD OF TRUSTEE MEMBER JAMES FRAUENTHAL, PH.D. (CHAIRPERSON) AND ALAN ROEMER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAILS BY THE COLLEGE'S CFO AND PRESIDENT. THE FORM 990 IS PRESENTED TO THE HELENE FULD COLLEGE OF NURSING AUDIT COMMITTEE FOR REVIEW AND APPROVAL. A COPY OF THE FORM 990 IS PROVIDED TO ALL TRUSTEES PRIOR TO FILING WITH THE IRS IN ELECTRONIC FORMAT. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO BE IN COMPLIANCE WITH THE COLLEGE'S CONFLICT OF INTEREST POLICY. EACH INDIVIDUAL IS PROVIDED AN ANNUAL CONFLICT OF INTEREST FORM THAT IS INTENDED TO DISCLOSE BUSINESS AND/OR FAMILY RELATIONSHIPS/INTERESTS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. THESE SIGNED FORMS ARE MAINTAINED IN THE PRESIDENT'S OFFICE AND ARE REVIEWED ANNUALLY TO ENSURE COMPLIANCE WITH THE COLLEGE'S POLICY. IN 2020 NO CONFLICTS WERE DISCLOSED ON THE ANNUAL CONFLICT OF INTEREST FORMS SUBMITTED BY THE OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES THAT WERE NOT DISCLOSED ON THE FORM. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT OF THE COLLEGE IS DETERMINED BY THE COLLEGE'S BOARD OF TRUSTEES, THROUGH THE PERSONNEL COMMITTEE ANNUALLY, AND DESIGNED TO ENSURE THAT THE AMOUNT PAID IS REASONABLE. THE PRESIDENT'S SALARY WAS LAST INCREASED IN 2020 AS APPROVED BY THE BOARD. FOR ALL OTHER OFFICERS AND EMPLOYEES COMPENSATION IS SET UPON HIRING AND THEN SUBJECT TO INCREASE BY THE PRESIDENT. HISTORICALLY, THE BOARD HAS APPROVED ANNUAL SALARY INCREASES FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY OF EACH AT THE ADDRESS LISTED ON PAGE 1 OF THIS RETURN. ANY INDIVIDUAL REQUESTING A COPY OF THESE DOCUMENTS IS PROVIDED THAT COPY ON THE SAME BUSINESS DAY. THE ORGANIZATION'S GOVERNING DOCUMENTS, AUDITED FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND AT MANAGEMENT'S DISCRETION. FORM 990, PART XII, LINE 2C: OVERSIGHT, REVIEW AND SELECTION PROCESS HAS NOT CHANGED FROM PRIOR YEAR.