2021-05-17T13:20:10-07:00 2020-06-30 990 2019-07-01 131740468 MANHATTAN COLLEGE MANH 7188627349 4513 Manhattan College Parkway Riverdale NY 104714098 Matthew McManness Vice President Finance, Treasurer 7188627349 2021-05-17 2019 2022-09-23 18:48:47Z Dr Brennan O'Donnell 4513 Manhattan College Parkway Riverdale NY 10471 216239174 0 X WWW.MANHATTAN.EDU X 1863 NY Manhattan College is an independent Catholic institution of higher learning that embraces qualified men and women of all faiths, cultures, and traditions. The mission of Manhattan College is to provide a contemporary, person-centered educational experience that prepares graduates for lives of personal development, professional success, civic engagement, and service to their fellow human beings. The College pursues this mission through programs that integrate a broad liberal education with concentration in specific disciplines in the arts and sciences or with professional preparation in business, education and engineering. Established in 1853 by the Institute of the Brothers of the Christian Schools, the College continues to draw its inspiration from the heritage of John Baptist de La Salle, the innovator of modern pedagogy and patron saint of teachers. 31 30 2351 796 0 0 19141727 22086106 192517138 187409656 2857517 2649794 2982245 2149286 217498627 214294842 70530385 74682499 0 0 90156481 92019540 100076 66915 8734124 50978486 43265158 211765428 210034112 5733199 4260730 411145986 414816101 124813074 119508326 286332912 295307775 Manhattan College is a Lasallian Catholic educational institution founded in 1853 by the De La Salle Christian Brothers, a religious teaching order started by Saint John Baptist de La Salle, the patron saint of teachers. Our lush, 22-acre campus in Riverdale offers a safe and secure home base that's within arm's reach of the greatest city in the world - New York. Education at Manhattan College has a strong focus on practical, experiential learning. Opportunities abound when it comes to internships, summer placements and the chance to gain real-world skills in their future workplace. Our connections to the upper echelons of New York City offer invaluable career connections, as well as a backstage pass to this vibrant, magnificent metropolis. The mission of the College is to provide a contemporary, person-centered educational experience that prepares graduates for lives of personal development, professional success, civic engagement, and service to their fellow human beings. 0 0 165148676 73043624 161673656 Manhattan College is an independent Catholic Institution of higher learning that offers the variety of academic programming found at a large university, but with the personalized learning experience of a small, liberal arts school. The College's 6 distinct schools, The School of Liberal Arts, The School of Science, The School of Engineering, The School of Education and Health, The O'Malley School of Business and The School of Continuing and Professional Studies offer more than 100 majors, minors, graduate programs and advanced certificates, as well as degrees that can be earned fully online or combined with a traditional classroom experience. With a 12:1 student-to-faculty ratio, a catalog of courses that uses New York City as a classroom and a curriculum built on a strong liberal arts foundation our students land internships and jobs at Fortune 500 companies and conduct research that makes a real impact in the world. The College educates approximately 3,500 undergraduate and 600 graduate students. 17896914 0 25736000 Auxiliary services include the cost of room and board for approximately 1,787 full time undergraduate students living in traditional residence hall, suite style and apartment style buildings on our 22 acre campus. The College offers a four year guarantee of resident housing. Additionally, graduate students are offered housing in an apartment style building. Auxiliary services also includes campus services offered in support of educational activities to students, faculty and staff such as the bookstore and cafeteria. 0 0 0 183045590 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 1 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 1 533 0 2351 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Dennis Lonergan 7188627349 4513 Manhattan College Parkway Riverdale NY 10471 Dr Brennan O'Donnell President 40 0 X X 589774 0 90911 Stephen Masiello Head Coach, Men's Basketball 40 0 X 455265 0 59091 Matthew McManness Vice President Finance, Treasurer 40 0 X 315466 0 65245 Thomas Mauriello Vice President, Assistant Treasurer 40 0 X 309312 0 68485 William Clyde Provost/Executive Vice President 40 0 X 283715 0 63137 Donald Gibson Dean 40 0 X 252780 0 60125 William Bisset VP Enrollment Management 40 0 X 245710 0 61372 Tamara Britt In House Counsel 40 0 X 237991 0 62987 Timothy Ward Dean 40 0 X 267900 0 29066 Barbara Fabe Vice President, Secretary 40 0 X 202776 0 38102 Dennis Lonergan AVP Finance and Controller, Assistant Treasurer 40 0 X 184237 0 41515 Andrew Ryan thru September 2019 Vice President Facilities 40 0 X 168902 0 26877 Kenneth Rathgeber Trustee, Chair 1 0 X X 0 0 0 Kenneth Orce Trustee, Vice Chair 1 0 X X 0 0 0 Brother Dennis Lee FSC Trustee, Vice Chair 1 0 X X 0 0 0 John Banks III Trustee 1 0 X 0 0 0 Kenneth Bouyer Trustee 1 0 X 0 0 0 Brother Frank G Byrne Trustee 1 0 X 0 0 0 Gerard Caccappolo Trustee 1 0 X 0 0 0 Clare A Cunniffe Trustee 1 0 X 0 0 0 John Desmarais Trustee 1 0 X 0 0 0 William N Dooley Trustee 1 0 X 0 0 0 Dr Thomas D Farrell Trustee 1 0 X 0 0 0 Brother Carlos Gomez Restrepo FSC Trustee 1 0 X 0 0 0 Moira Kilcoyne Trustee 1 0 X 0 0 0 Noreen Krall Trustee 1 0 X 0 0 0 Thomas Kuster Trustee 1 0 X 0 0 0 Lou Lamatina Trustee 1 0 X 0 0 0 John V Magliano Trustee 1 0 X 0 0 0 Brother William Mann Trustee 1 0 X 0 0 0 Fredric Marro Trustee 1 0 X 0 0 0 Lynn Martin Trustee 1 0 X 0 0 0 John McAvoy Trustee 1 0 X 0 0 0 Dr Marybeth McCall Trustee 1 0 X 0 0 0 Thomas Meloro Trustee 1 0 X 0 0 0 James S Motherway Trustee 1 0 X 0 0 0 Peter M Mulderry Trustee 1 0 X 0 0 0 Suni Munshani Trustee 1 0 X 0 0 0 Peter M Musumeci Jr Trustee 1 0 X 0 0 0 Robert Pulver Trustee 1 0 X 0 0 0 Milo Riverso Trustee 1 0 X 0 0 0 Anthony Scala Trustee 1 0 X 0 0 0 Stephen Squeri Trustee 1 0 X 0 0 0 Br Robert Smith FSC Trustee 1 0 X 0 0 0 Rosanne Thomas Matzat Trustee 1 0 X 0 0 0 3513828 0 666913 185 0 1 0 Pavarini North East Construction Co Inc 30 Oak Street Stamford CT 06905 Construction 39967302 Gourmet Dining 400 Cedar Avenue West Long Branch NJ 077641804 Food Service 8952737 Sodexho Inc & Affiliates PO Box 81049 Woburn MA 018131049 Cleaning Service 2236539 Mitchell Giurgola Architects LLP 630 9th Avenue Ste 711 New York NY 100363747 Architects 1813356 Thyssenkrupp Elevator Corp 3100 Interstate North Cir SE Ste 500 Atlanta GA 303392227 Elevator repair 770656 60 0 0 2493472 0 6407476 13185158 1834098 22086106 Tuition and Fees 611310 161673656 161673656 0 0 Room and board and other student services 611310 25736000 25736000 0 0 0 0 0 0 187409656 2808364 0 0 2808364 14420 0 0 14420 32453 0 0 32453 2039464 0 756987 0 1282477 0 1282477 0 0 1282477 268251 498529 171410 768360 96841 -269831 -172990 0 0 -172990 128000 2493472 247575 -119575 0 -119575 0 0 0 0 0 0 0 0 0 0 0 0 Parking Permits 900000 317306 0 0 317306 Athletic Revenue 900099 314512 0 0 314512 322113 0 0 322113 953931 214294842 187409656 0 4799080 0 0 74682499 74682499 0 0 0 0 2453353 398321 1538124 516908 0 0 0 0 68144211 56941052 7720828 3482331 3657280 3051717 342513 263050 13209192 8409413 2930512 1869267 4555504 3998930 339735 216839 0 0 0 0 667585 110945 556640 0 187250 0 187250 0 0 0 0 0 66915 66915 178143 0 178143 0 1031038 824480 187126 19432 863513 41033 72033 750447 873594 504638 215433 153523 1837410 1197292 574075 66043 0 0 0 0 6035029 5257671 456282 321076 2299279 2176364 47509 75406 0 0 0 0 702603 501279 166099 35225 2083012 2047998 32213 2801 0 0 0 0 8724559 8187756 493859 42944 1410900 525380 740593 144927 Food Service 6545136 6545136 0 0 Maintenance and Supplies 3869715 3412742 390164 66809 Books, Printing and Publications 1780819 1544476 92392 143951 Student Services 212089 212089 0 0 3963484 2474379 992875 496230 210034112 183045590 18254398 8734124 4900 4900 62436820 35294901 21762495 20727921 1482359 1640736 0 0 0 0 119907 20000 67239 82792 470081 241516 404766486 167062059 200967535 237704427 102167845 111698568 20744853 6608828 921952 791512 0 0 0 0 411145986 414816101 12475589 10624568 0 0 10763299 8237410 87692913 86265483 0 0 0 0 0 0 0 0 13881273 14380865 124813074 119508326 X 147494249 146541838 138838663 148765937 286332912 295307775 411145986 414816101 4260730 4714133 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 214425 0 0 X X X X 0 110787779 4011740 7131554 2087377 663979 0 119179717 100562380 5281115 7693998 2127427 622287 0 110787779 89820922 6708220 6499143 1926873 539032 0 100562380 80660193 3042163 8001512 1371223 511723 0 89820922 75942238 4900450 1560801 1347763 395533 0 80660193 0.0324 0.9676 0 0 0 0 5762097 5762097 0 265832370 130867288 134965082 0 4433907 3873925 559982 0 35994716 31060571 4934145 0 92743396 1260275 91483121 237704427 Unamortized Bond Premium 9609250 Asset Retirement Obligation 1775000 US Government Grants Refundable 1056457 Liabilities Under Planned Giving Agreements 1001817 Social Security Taxes Deferred Under Cares Act 938341 14380865 X 146791770 4714133 0 0 1004562 5718695 141073075 178143 73043624 73221767 214294842 137816907 0 0 0 1004562 1004562 136812345 178143 73043624 73221767 210034112 Schedule D, Part III, Line 4 Included in the Manhattan College Archives are donated works of art. Donations of art work are made to Manhattan College to be used for educational purposes. The art work is housed in the Manhattan College Archives throughout the O'Malley Library in order to make it available to professors planning their course work and students for study and analysis. Schedule D, Part V, Line 4 The College's endowment consists of 291 individual funds established for a variety of purposes, including both donor restricted endowment funds and funds designated by the College to function as endowments (quasi-endowment). The majority of the donor restrictions are for scholarship. Schedule D, Part X, Line 2 The College recognizes the effects of income tax positions only if those positions are more likely than not of being sustained. The College evaluates, on an annual basis, the effects of any uncertain tax positions on its financial statements. As of June 30, 2020 and 2019, the College has not identified or provided for any such positions. Schedule D, Part XI, Line 2d Other Consists of $756,987 of expenses related to rental income, $247,575 related to special events. Schedule D, Part XI, Line 4b Student aid net with revenue on financial statements Schedule D, Part XII, Line 2d Other Consists of $756,987 of expenses related to rental income, $247,575 related to special events. Schedule D, Part XII, Line 4b Student aid net with revenue on financial statements 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Manhattan College has a long standing policy of non-discrimination and respect for all individuals. The College is committed to equal treatment of students, faculty and staff, including but not limited to admissions, participation in programs and activities, access to services and resources, and employment. The policy is disclosed in the student handbook and on the College's web site. Schedule E, Part I, Line 6 The College receives grants for financial aid and research from various Federal, New York State and New York City agencies. The college also received aid under the Coronavirus Aid, Relief and Economic Security (CARES) Act. Central America and the Caribbean 0 0 Investments 4130910 0 0 4130910 0 0 1 1 0 0 Schedule F, Part I, Line 3 The College was not required to file form 5471 since it did not meet the filing requirements for that form. X X X X X X X 1 Pentera Inc 8650 Commerce Park Place Suite G Indianapolis IN 46268 Consulting for Capital Campaign 0 17300000 66915 17233085 17300000 66915 17233085 CT NY De La Salle Dinner 2621472 2493472 128000 0 0 216752 0 0 30823 0 0 2621472 2493472 128000 0 0 216752 0 0 30823 247575 -119575 1 College Funded Scholarships 3343 69938553 0 Endowed Scholarships 401 2087377 0 Government grant and private gift funded scholarships 271 1017694 0 CARES Act Higher Education Emergency Relief Funds for Students 3563 1638875 0 Schedule I, Part I, Line 2 Need Scholarships: Manhattan College awards grants-in-aid to accepted students who demonstrate financial need. These awards are renewed annually and adjusted in line with changes on the FAFSA. These awards are given for a maximum of four years (eight semesters). Grant recipients must maintain satisfactory academic progress. Full time enrollment is necessary to receive grant. Academic Scholarships: Eligibility is based on exceptional SAT or ACT scores, secondary school grade point average, and rank in class. The amount of the Scholarship is determined at the time of admission and is offered for four years (eight semesters maximum) provided the student remains eligible. Athletic Scholarships: Manhattan College has available a strictly-budgeted fund to offer grants-in-aid to students who, by the possession of certain athletic skills can add to the community spirit and morale of the campus. The College firmly states that recipients must come to Manhattan as students, with their first interest in studies. They must meet the same entrance requirements as other students and must maintain satisfactory academic progress. Manhattan adheres to and endorses the principles and policies of the Metro Atlantic Athletic Conference, Eastern College Athletic Conference and the National Collegiate Athletic Association. Graduate Scholarships are awarded as part of grants, grad assistance or by departments. HEOP Scholarships are awarded as part of the New York State Program. Endowment scholarships are awarded based upon the donors written restrictions. The College received aid from the US Department of Education as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act and disbursed Emergency Financial Aid Grants directly to eligible students. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Dr Brennan O'Donnell President 490040 0 0 0 99734 0 68139 0 24801 0 682714 0 0 0 Stephen Masiello Head Coach, Men's Basketball 349274 0 102500 0 3491 0 25946 0 34077 0 515288 0 0 0 Matthew McManness Vice President Finance, Treasurer 303848 0 0 0 11618 0 30888 0 35309 0 381663 0 0 0 Thomas Mauriello Vice President, Assistant Treasurer 306554 0 0 0 2759 0 31428 0 38009 0 378750 0 0 0 William Clyde Provost/Executive Vice President 283715 0 0 0 0 0 28874 0 35215 0 347804 0 0 0 Donald Gibson Dean 252780 0 0 0 0 0 25768 0 35179 0 313727 0 0 0 William Bisset VP Enrollment Management 243124 0 0 0 2586 0 25015 0 37309 0 308034 0 0 0 Tamara Britt In House Counsel 237991 0 0 0 0 0 17127 0 45859 0 300977 0 0 0 Timothy Ward Dean 267900 0 0 0 0 0 26640 0 3160 0 297700 0 0 0 Barbara Fabe Vice President, Sect 202776 0 0 0 0 0 20886 0 18530 0 242192 0 0 0 Dennis Lonergan AVP Finance and Controller, Assistant Treasurer 184237 0 0 0 0 0 18742 0 23725 0 226704 0 0 0 Andrew Ryan thru September 2019 Vice President Facilities 161044 0 0 0 7858 0 16298 0 11358 0 196558 0 0 0 Schedule J, Part I, Line 1a Manhattan College paid the annual dues for College President, Dr O'Donnell's membership at The University Club. The club does not allow memberships to be in the institutions name and all expenditures at the club are in connection with conducting business for the college. The value of the annual dues is not included in taxable income under IRC section 132 and is included in Schedule J, Column (D) Nontaxable benefits. Certain Insurance premiums paid on behalf of the President were grossed up for taxes and included as taxable compensation and are included in Schedule J, Column B(III) other reportable compensation. The College paid for companion travel for the Head Basketball Coach, Stephen Masiello and the value was treated as taxable compensation to him. It is included in Schedule J, Column B(III) other reportable compensation. Schedule J, Part I, Line 4 Dr. Brennan O'Donnell, President of Manhattan College participates in a 457(f) plan that is not substantially vested. No contributions were made to the plan in Calendar Year 2019. A Build NYC Resource Corporation 454040561 12008EMZ6 2017-06-14 101268446 To pay construction cost of STEM building, refund bonds 0 0 0 A 1480000 0 101458225 161067 4834969 0 1533336 0 0 33872584 61056128 0 1 0 0 1 A 0 0 0 0 0 0 0 0 0 0 A 0 1 0 1 0 0 0 0 1 A 1 Schedule K, Part II, Line 3-06/14/2017 101,268,446 Build NYC Resource Corporation The difference between the Issue Price and the Total Proceeds of Issue is due to investment income. Schedule K, Part IV, Line 2c-06/14/2017 101,268,446 Build NYC Resource Corporation The rebate has not been calculated as of 6/30/2020. The Computation Date for first rebate installment will be no later than June 14, 2022. X 38 2491743 Average of high low on date of contribution X Athletic Equipment 1 5210 Fair market value 0 0 1 0 Form 990, Part VI, Section B, Line 11b The 990 return was prepared by the College and then reviewed by an outside accounting firm with expertise in non-for-profit, education and taxes among other areas of expertise. A complete copy of the 990 return was given to the Chair of the Audit Committee of the Board of Trustees for review prior to filing. A complete copy of the return will be given to all Board members electronically prior to filing. After distribution of the return, the Chair of the Audit Committee reviews the return with the full Board of Trustees at the next meeting of the Board. Form 990, Part VI, Section B, Line 12c The Conflict of Interest Policy is included in the Employee Handbook and covers all College staff. Annually, the Office of Human Resources requires all senior academic and administrative staff, those in a position to influence College decisions, and members of the Board of Trustees to sign and return a copy of the Conflict of Interest Form. Covered persons having a conflict are required to call it to the attention of the Vice President for Finance and the Vice President of Human Resources. All conflict of interest issues are investigated by the Office of Human Resources/Vice President of Human Resources. If needed the Vice President of Human Resources confers with the appropriate personnel ie: Vice President, Board Committee, President and or chair of the Board to resolve conflicts of interest. A covered person having a conflict of interest shall not participate in any decision making meeting on the subject, will not make a decision on the matter, and will not try to influence the College's decision. Form 990, Part VI, Section B, Line 15 The process in 2019 to approve the renewal of the President's employment agreement for an additional 5 years (7/1/2019 to 6/30/24) consisted of the VP of Human Resources working with attorneys specializing in higher education and benefits/pensions and a sub-committee of trustees from the Board's Executive Committee. In order for the trustees to consider contract terms and compensation data was compiled of presidents' compensation from 25-30 colleges deemed to be similar to Manhattan College, plus the CUPA Administrative Compensation Survey. The trustees also had access to a summary of the value of current compensation for the President and knowledge of the President's performance and achievements for the college. After review and consideration of these factors, the sub-committee presented the data and proposed employment agreement terms to the Executive Committee, which in turn presented the agreement for approval by the Board of Trustees. Salaries for Officers and key employees are reviewed on an annual basis and are in line with salary surveys that report on IHE salaries (ie: CUPA Administrative Compensation Survey). The salaries are reviewed by the Vice President of Human Resources and the President of the College. In 2019, an outside consultant specializing in higher education executive compensation reviewed the salaries of the Secretary, Treasurer, Assistant Treasurers, Provost and Vice President Facilities. The Vice President of Human Resources also works with the Vice President of Finance. Records are maintained by Manhattan College documenting the compensation review process. Form 990, Part VI, Section C, Line 19 The College makes its Governing Documents, Conflict of Interest Policy and Financial Statements available to the public upon request.