2025-08-06T14:43:17-05:00 2024-08-31 873707167 CBIZ ADVISORS LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2023-09-01 110461385 VAUGHN COLLEGE OF AERONAUTICS AND TECHNOLOGY VAUG 7184296600 86-01 23RD AVENUE FLUSHING NY 11369 BRENDAN LEONARD VP FINANCE & BUSINESS SERVICES 7184296600 2025-08-15 1 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2025-07-28 2023 2025-03-06 01:10:19Z DR SHARON DEVIVO 86-01 23RD AVENUE FLUSHING NY 11369 62905488 0 X WWW.VAUGHN.EDU X 1932 NY TO CHANGE THE WORLD ONE STUDENT AT A TIME WITH A TRANSFORMATIONAL EDUCATION THAT CREATES A LIFETIME OF OPPORTUNITY. 12 11 472 11 -3577 0 5285494 6193155 30106829 30888772 5215188 5379094 86029 152826 40693540 42613847 4228061 3744422 0 0 17093023 17615628 0 0 546150 22241880 21897619 43562964 43257669 -2869424 -643822 90841107 84761421 60692327 56591011 30148780 28170410 TO PROVIDE A DYNAMIC LEARNING ENVIRONMENT BUILT ON OUR AERONAUTICAL HERITAGE THAT INSPIRES A DIVERSE AND COMMITTED COMMUNITY OF STUDENTS TO ACHIEVE SUCCESS AS LEADERS IN THE INDUSTRIES WE SERVE. 0 0 30014634 3744422 29590130 INSTRUCTION - VAUGHN IS A FOUR YEAR PRIVATE EDUCATIONAL INSTITUTION OFFERING BACHELOR AND ASSOCIATE DEGREES IN ENGINEERING AND TECHNOLOGY, AVIATION AND MANAGEMENT. THE INSTITUTION ALSO OFFERS A MASTER OF SCIENCE IN AIRPORT MANAGEMENT. THE COLLEGE PROVIDES EDUCATIONAL SERVICES TO OVER 1,300 STUDENTS. THE INSTRUCTIONAL SERVICES ARE SUPPORTED AND ENHANCED BY EFFORTS IN THE ACADEMIC SUPPORT, STUDENT SUPPORT AND INSTITUTIONAL SUPPORT AREAS. 2323289 1417292 AUXILIARY SERVICES - VAUGHN OPERATES A 194 BED RESIDENCE HALL TO PROVIDE ON CAMPUS HOUSING FOR OUR STUDENTS. IN FISCAL YEAR 2023/2024 APPROXIMATELY 89 STUDENTS WERE LIVING IN THE RESIDENCE HALL. 32337923 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2176 0 1 472 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X ROBERT G WALDMANN VP OF FINANCE 7184296600 86-01 23RD AVENUE FLUSHING NY 11369 APRIL GASPARRI TRUSTEE 1.00 X 0 0 0 BARRY ECCLESTON TRUSTEE 1.00 X 0 0 0 DOUGLAS IZARRA TRUSTEE 1.00 X 0 0 0 DR DALMA NOVAK SECRETARY 1.00 X X 0 0 0 DR SHARON B DEVIVO PRESIDENT 40.00 X X 408719 0 9097 KATHERINE B POSNER TRUSTEE (OUTGOING) 1.00 X 0 0 0 KEN STAUFFER TRUSTEE (OUTGOING) 1.00 X 0 0 0 LYSA C SCULLY LEIPONIS SECRETARY (OUTGOING) 1.00 X X 0 0 0 MARY WARD-CALLAN TREASURER 1.00 X X 0 0 0 OSWIN MOORE VICE CHAIR 1.00 X X 0 0 0 PATTY CLARK TRUSTEE 1.00 X 0 0 0 PETER A VAUGHN CHAIR 1.00 X X 0 0 0 RODERICK K RANDALL TRUSTEE 1.00 X 0 0 0 SURYA RAGHU TRUSTEE 1.00 X 0 0 0 TERI BRISTOL TRUSTEE 1.00 X 0 0 0 DOMENIC PROSCIA VP TRAINING 40.00 X 187031 0 4717 KELLI L SMITH VP STUDENT AFFAIRS 40.00 X 158821 0 2322 PAUL LAVERGNE VP ACADEMIC AFFAIRS 40.00 X 171014 0 40980 ROBERT G WALDMANN VP FIN. & BUS. SERV. 40.00 X 264407 0 6567 AMIR ELZAWAWY PROFESSOR 40.00 X 150064 0 18552 GHANIA BENBELKACEM ASSISTANT PROFESSOR 40.00 X 150238 0 18089 HOSSEIN RAHEMI PROFESSOR, CHAIR 40.00 X 175927 0 19006 MARGARET DUCHARME ASSOCIATE PROFESSOR 40.00 X 150945 0 18252 RONALD RUGGERI INSTRUCTOR OF TECH. SPEC 40.00 X 157266 0 1393 1974432 0 138975 31 0 1 0 HERITAGE FLIGHT ACADEMY LLC 2075 SMITHTOWN AVE RONKONKOMA NY 11779 FLIGHT TRAINING 1369494 WRD CONSULTING GROUP LLC PO BOX 1606 BANDON OR 97411 GRANT CONSULTING 264539 BOND SCHOENECK & KING PLLC PO BOX 11607 SYRACUSE NY 13218 LEGAL SERVICES 150333 PROEDUCATION SOLUTIONS LLC 258 GOLDEN GATE PT STE 701 SARASOTA FL 34236 TEMPORARY STAFFING 149300 BAKER TILLY US LLP PO BOX 78975 MILWAUKEE WI 53278 AUDITING SERVICES 103889 5 311281 5063105 818769 638067 6193155 STUDENT TUITION & FEES 611710 29471480 29471480 AUXILIARY REVENUE 900099 1417292 1417292 30888772 547160 -5761 552921 350038 350038 18000 0 18000 18000 18000 24712313 20230417 4481896 4481896 2184 4479712 77400 311281 61224 16176 16176 BAD DEBT RECOVERY 900099 62289 62289 OTHER INCOME 900099 56361 56361 118650 42613847 31007422 -3577 5416847 3744422 3744422 1254685 1005404 232581 16700 13216983 10590985 2450071 175927 217180 174030 40259 2891 1712973 1372639 317534 22800 1213807 972648 225003 16156 521402 521402 372540 372540 110400 110400 5385 5385 4192259 3237476 898804 55979 1214716 43211 1138579 32926 804573 519440 284366 767 2398403 1674469 723934 476569 332722 142637 1210 68890 47818 20808 264 2866276 2866276 3506587 2603765 902822 454162 317078 137084 BAD DEBT 1050000 1050000 REPAIRS AND MAINTENANCE 828808 615419 213389 COLLEGE RELATIONS 808203 599163 209040 FOOD SERVICES 260938 260938 1957508 1360020 585998 11490 43257669 32337923 10373596 546150 546731 299336 457347 1227484 529635 662245 1006904 652874 1110882 144395968 89635425 57298571 54760543 23736027 19599482 880512 1103766 5836663 5893526 90841107 84761421 2928978 3276607 2062361 2286337 46986019 45650755 8600969 5263312 114000 114000 60692327 56591011 X 24761674 22082306 5387106 6088104 30148780 28170410 90841107 84761421 -643822 -1334548 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6993403 60472 673151 92624 7634402 6071650 451976 537573 67796 6993403 6895728 25000 -810563 38515 6071650 5421696 265250 1249864 41082 6895728 4288477 475150 671695 13626 5421696 0.22790 0.11650 0.65560 1 0 5407437 5407437 110753526 61400420 49353106 28235005 28235005 0 54760543 OTHER DEPOSITS 2963 DEPOSITS HELD BY BOND TRUSTEE 5890563 5893526 ASSET RETIREMENT OBLIGATION 114000 114000 X 37579492 -1334548 50000 -3744422 -5028970 42608462 5385 5385 42613847 39557862 50000 50000 39507862 5385 3744422 3749807 43257669 PART V, LINE 4: TO PROVIDE FUNDS FOR STUDENT SCHOLARSHIPS. PART X, LINE 2: THE COLLEGE BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2024 AND 2023 IN ACCORDANCE WITH FASB ASC TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS & FELLOWSHIPS -3,744,422. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & FELLOWSHIPS 3,744,422. 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 ORGANIZATION MAKES THE POLICY KNOWN TO THE GENERAL COMMUNITY THRU ITS CATALOG. SCHEDULE E, PART I, LINE 6 VAUGHN COLLEGE RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (SEOG) PROGRAM AND FEDERAL WORK STUDY (FWS) PROGRAM. GALA 388681 311281 77400 61224 388681 311281 77400 61224 61224 16176 1 SCHOLARSHIPS & FELLOSHIPS 867 3744422 FMV TUITION ASSISTANCE PART I, LINE 2: THE COLLEGE OFFERS SEVERAL SCHOLARSHIP OPPORTUNITIES FOR STUDENTS. THE PRIMARY SCHOLARSHIPS AND THE GUIDELINES FOR QUALIFYING ARE: FOUNDERS SCHOLARSHIPS - THESE SCHOLARSHIPS ARE AWARDED TO STUDENTS UPON ACCEPTANCE TO A BACHELOR OF SCIENCE DEGREE PROGRAM AT VAUGHN. TO BE CONSIDERED, APPLICANTS MUST ATTAIN A CUMULATIVE HIGH SCHOOL AVERAGE OF AT LEAST A "B AND A COMBINED SAT SCORE OF AT LEAST 1000. STUDENTS WHO MEET THESE MINIMUM CRITERIAS WILL BE CONSIDERED FOR AWARDS, BASED ON THEIR GRADES AND EXAM SCORES, BY VAUGHN COLLEGE'S SCHOLARSHIP COMMITTEE. THE AWARDS MAY BE RENEWABLE FOR UP TO FOUR YEARS OF CONSECUTIVE STUDY, PROVIDING THE RECIPIENT MAINTAINS A 2.75 CUMULATIVE GRADE POINT AVERAGE (GPA) AND A FULL TIME STATUS. BOARD OF TRUSTEES, ACADEMIC GRANT ( #14 AND #36)- THESE GRANTS ALLOCATE FUNDS TO BE USED IN AWARDING GRANT-IN-AID ASSISTANCE TO NEW AND CONTINUING STUDENTS. GRANTS ARE AWARDED TO STUDENTS WHO ARE MATRICULATING ON A FULL TIME BASIS IN BACHELOR AND ASSOCIATE DEGREE PROGRAMS. RECIPIENTS ARE SELECTED ON THE BASIS OF THEIR FINANCIAL AID STATUS. AWARDS ARE DESIGNATED FOR A SPECIFIC ACADEMIC YEAR AND ARE RENEWABLE EACH SEMESTER BASED ON SATISFACTORY ACADEMIC PERFORMANCE AND THE AVAILABILITY OF FUNDS. TRANSFER STUDENT SCHOLARSHIP - TRANSFER STUDENTS PURSUING A BACHELOR'S DEGREE WHO HAVE COMPLETED 24 OR MORE CREDITS AT AN ACCREDITED COLLEGE OR UNIVERSITY AND WHO HAVE ACHIEVED A CUMULATIVE GRADE POINT AVERAGE (GPA) OF AT LEAST 2.75 (INCLUDING ALL COURSES AT EVERY INSTITUTION ATTENDED) MAY BE AWARDED SCHOLARSHIPS TO TRANSFER. THE AWARDS MAY BE RENEWABLE FOR UP TO THREE YEARS OF CONSECUTIVE STUDY, PROVIDING THE RECIPIENT MAINTAINS A CUMULATIVE (GPA) OF 2.75. THE NUMBER OF YEARS THE SCHOLARSHIP WILL BE PROVIDED DEPENDS ON THE NUMBER OF CREDITS ACCEPTED BY THE COLLEGE AT THE TIME OF TRANSFER. ACADEMIC EXCELLENCE SCHOLARSHIPS - ACADEMIC EXCELLENCE SCHOLARSHIPS ARE AWARDED EACH YEAR TO CONTINUING STUDENTS ON THE BASIS OF OUTSTANDING ACADEMIC ACHIEVEMENT AND SELECTION FOR ACADEMIC HONORS. THE CRITERIA APPLIED IN DECIDING ELIGIBILITY FOR THESE AWARDS INCLUDE CUMULATIVE GPA AND SATISFACTORY COMPLETION OF AT LEAST TWO SEMESTERS (29 CREDITS/UNITS OR MORE) AS A MATRICULATED STUDENT AND A FULL TIME STATUS. X X X 0 0 0 0 0 0 0 0 0 DR SHARON B DEVIVO PRESIDENT 404061 0 0 0 4658 0 8267 0 830 0 417816 0 0 0 ROBERT G WALDMANN VP FIN. & BUS. SERV. 260855 0 0 0 3552 0 5993 0 574 0 270974 0 0 0 PAUL LAVERGNE VP ACADEMIC AFFAIRS 168846 0 0 0 2168 0 4182 0 36798 0 211994 0 0 0 HOSSEIN RAHEMI PROFESSOR, CHAIR 175927 0 0 0 0 0 2752 0 16254 0 194933 0 0 0 DOMENIC PROSCIA VP TRAINING 182442 0 0 0 4589 0 3887 0 830 0 191748 0 0 0 MARGARET DUCHARME ASSOCIATE PROFESSOR 150945 0 0 0 0 0 1998 0 16254 0 169197 0 0 0 AMIR ELZAWAWY PROFESSOR 150064 0 0 0 0 0 2298 0 16254 0 168616 0 0 0 GHANIA BENBELKACEM ASSISTANT PROFESSOR 150238 0 0 0 0 0 1835 0 16254 0 168327 0 0 0 KELLI L SMITH VP STUDENT AFFAIRS 154337 0 0 0 4484 0 2322 0 0 0 161143 0 0 0 RONALD RUGGERI INSTRUCTOR OF TECH. SPEC 157266 0 0 0 0 0 1393 0 0 0 158659 0 0 0 SCHEDULE J PART II COLUMN B(III): OTHER REPORTABLE COMPENSATION IN COLUMN B(III) REPRESENTS AUTO ALLOWANCES PROVIDED TO EMPLOYEES. A DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 64990CLH2 2016-12-15 54803179 ACQUIRE & RENOVATE FACILITY 0 0 0 A 7985000 54841392 4035893 1047475 19994195 29837673 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X AAR B757/AIRBUS HARDWARE 1 638067 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND THE AUDIT COMMITTEE AND THE BOARD OF TRUSTEES REVIEW THE 990 IN DETAIL. ONCE FORMALLY APPROVED THE 990 IS THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN FEBRUARY 2017, AN UPDATED BOARD OF TRUSTEES - CONFLICT OF INTEREST POLICY AND PROCEDURE WAS ADOPTED. THE POLICY AND PROCEDURE INCLUDES AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT WHICH MUST BE COMPLETED, SIGNED AND SUBMITTED BY EACH BOARD MEMBER EVERY YEAR IN OCTOBER. THE PRESIDENT'S SECRETARY CONFIRMS RECEIPT OF THE STATEMENTS AND KEEPS THEM ON FILE. IN JULY 2009, AN OFFICERS AND MANAGEMENT STAFF CONFLICT OF INTEREST POLICY AND PROCEDURES WAS ADOPTED. THE POLICY AND PROCEDURE ALSO INCLUDES A CONFLICT OF INTEREST DISCLOSURE FORM WHICH IS COMPLETED, SIGNED AND SUBMITTED ON AN ANNUAL BASIS. THE ASSOCIATE VICE PRESIDENT FOR HUMAN RESOURCES AND COLLEGE SERVICES CONFIRMS RECEIPT, REVIEWS THE FORMS AND KEEPS THEM ON FILE. THE CONFLICT OF INTEREST POLICY EXPRESSLY ACKNOWLEDGES THAT FAMILY AND BUSINESS RELATIONSHIPS COULD BE SOURCES OF CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD OF TRUSTEES COMPENSATION COMMITTEE WITH STAFF ASSISTANCE FROM THE COLLEGE'S EXTERNAL LEGAL COUNSEL. COUNSEL USES THE FOLLOWING COMPENSATION FACTORS AND SOURCES TO ASSIST THE COMMITTEE IN ITS DECISION MAKING PROCESS: COMPENSATION FACTORS - A. COMPENSATION LEVELS PAID BY SIMILAR ORGANIZATIONS B. LEVEL OF PERSON'S EDUCATION AND EXPERIENCE C. SPECIFIC RESPONSIBILITIES OF POSITION D. PREVIOUS SALARY OR COMPENSATION PACKAGE E. SIMILAR SERVICES IN THE SAME GEOGRAPHIC OR METROPOLITAN AREA F. SIMILAR NUMBER OF STUDENTS G. ANNUAL BUDGET AND/OR GROSS REVENUE/ASSETS H. NATURE OF CURRICULUM (E.G., 2 YEAR VS. 4 YEAR UNDERGRADUATE VS. GRADUATE) COMPENSATION SOURCES - A. INTERNET RESEARCH ON COMPENSATION AT SIMILAR INSTITUTIONS B. FORMS 990 FILED BY OTHER COLLEGES AND UNIVERSITIES C. ANNUAL BUDGET OR GROSS REVENUE/ASSETS FORM 990, PART VI, SECTION C, LINE 19 A SUMMARY OF ITS KEY FINANCIAL RESULTS IS PRINTED IN ITS MAGAZINE - ANNUAL REPORT EDITION. ALL OTHER GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.