2020-05-13T16:30:41-05:00 2019-06-30 350921680 CROWE LLP 488 Madison Avenue Floor 3 New York NY 100225702 990 2018-07-01 133508093 Iona College IONA 9146332483 715 North Avenue McSpedon Hall New Rochelle NY 108011809 ANNE MARIE SCHETTINI-LYNCH SVP OF FIN & ADMINISTRATION 2020-05-13 true KRISTIN ANDERSON P01231300 2125725500 2018 2021-01-29 14:40:06Z DR JOSEPH NYRE 715 North Avenue McSpedon Hall New Rochelle NY 108011809 230913878 false X WWW.IONA.EDU X 1940 NY IONA COLLEGE IS A CATHOLIC COLLEGE COMPRISED OF A DIVERSE COMMUNITY OF LEARNERS & SCHOLARS DEDICATED TO ACADEMIC EXCELLENCE IN THE TRADITION OF THE CHRISTIAN BROTHERS. 32 31 1843 31 474599 18662 10839848 8022616 149441429 153102070 2029506 3580080 3528172 4075379 165838955 168780145 56652303 58085399 0 0 64333941 63755280 107676 97700 2337346 40625051 41848019 161718971 163786398 4119984 4993747 365444110 378834737 110243908 109292200 255200202 269542537 IONA COLLEGE IS A CARING ACADEMIC COMMUNITY, INSPIRED BY THE LEGACY OF BLESSED EDMUND RICE AND THE CHRISTIAN BROTHERS, WHICH EMBODIES OPPORTUNITY, JUSTICE, AND THE LIBERATING POWER OF EDUCATION. IONA COLLEGE'S PURPOSE IS TO FOSTER INTELLECTUAL INQUIRY, COMMUNITY ENGAGEMENT AND AN APPRECIATION FOR DIVERSITY. IN THE TRADITION OF AMERICAN CATHOLIC HIGHER EDUCATION, IONA COLLEGE COMMITS ITS ENERGIES AND RESOURCES TO THE DEVELOPMENT OF GRADUATES RECOGNIZED FOR THEIR ETHICS, CREATIVITY AND PROBLEM-SOLVING ABILITIES, THEIR INDEPENDENT AND ADAPTABLE THINKING; THEIR JOY IN LIFELONG LEARNING; AND THEIR ENDURING INTEGRATION OF MIND, BODY AND SPIRIT. false false 92857678 58085399 131768136 INSTRUCTION - FOUNDED BY THE CONGREGATION OF CHRISTIAN BROTHERS IN 1940, IONA COLLEGE IS CHARTERED BY THE STATE OF NEW YORK AND FULLY ACCREDITED BY THE FEDERAL DEPARTMENT OF EDUCATION APPROVED REGIONAL ACCREDITOR, THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF SCHOOLS AND COLLEGES (CHE-MSA) TO OFFER CREDIT-BEARING COURSEWORK TOWARDS DEGREES AND REGISTERED CERTIFICATES AT THE UNDERGRADUATE AND GRADUATE LEVELS. IN ADDITION TO CHE-MSA, IONA'S ACADEMIC PROGRAMS HOLD MULTIPLE PROFESSIONAL AND SPECIAL ACCREDITATIONS FROM INDEPENDENT ACCREDITING BODIES INCLUDING THE ACCREDITING COUNCIL ON EDUCATION IN JOURNALISM & MASS COMMUNICATION, NATIONAL COUNCIL FOR ACCREDITATION OF TEACHER EDUCATION/COUNCIL FOR THE ACCREDITATION OF EDUCATOR PREPARATION, AND THE AMERICAN CHEMICAL SOCIETY AMONG OTHERS. THE SCHOOL OF BUSINESS IS ACCREDITED BY AACSB INTERNATIONAL - A HIGHLY ACCLAIMED DISTINCTION AWARDED TO JUST 5% OF BUSINESS SCHOOLS WORLDWIDE. THE SPEECH LANGUAGE PATHOLOGY PROGRAM IS ACCREDITED BY THE COUNCIL ON ACADEMIC ACCREDITATION IN AUDIOLOGY AND SPEECH-LANGUAGE PATHOLOGY. IONA'S MAIN CAMPUS IS LOCATED ON 43 ACRES IN NEW ROCHELLE (WESTCHESTER COUNTY), NEW YORK, 20 MILES NORTH OF MIDTOWN MANHATTAN, THE COLLEGE HAS A GRADUATE CENTER IN ROCKLAND COUNTY, N.Y., AND OFFERS GRADUATE COURSES IN NEW YORK CITY. IONA'S STUDENT BODY IS COMPRISED OF 3,178 UNDERGRADUATE STUDENTS AND 614 GRADUATE STUDENTS WITH A WIDE VARIETY OF UNDERGRADUATE AND GRADUATE DEGREES IN THE SCHOOL OF ARTS AND SCIENCE AND SCHOOL OF BUSINESS. IN RECENT YEARS, THE IONA COMMUNITY HAS FOCUSED ON ADVANCING STUDENT DISTINCTION, ELEVATING THE IONA EXPERIENCE, ENHANCING ACADEMIC DISTINCTION, GROWING INFRASTRUCTURE, ADVANCING AFFORDABILITY, AND RAISING NECESSARY RESOURCES. MUCH SUCCESS HAS BEEN REALIZED INCLUDING ENHANCED ACADEMIC OFFERINGS AND INTERNATIONAL PROGRAMS, LAUNCH OF ACADEMIC CENTERS AND INSTITUTES, RECORD SCHOLARSHIPS AWARDED, GROWTH TO THE ENDOWMENT OF OVER 100%, AND AN INCREASE TO CAMPUS LAND HOLDINGS OF 30%. IONA COLLEGE OFFERS A VIBRANT EXPERIENCE FOR STUDENTS WITH STUDENT CLUBS, ORGANIZATIONS, AND GROUPS ON CAMPUS, AND AN NCAA DIVISION I ATHLETICS PROGRAM WITH 21 VARSITY TEAMS. THE SCHOOL OF ARTS AND SCIENCE AND THE SCHOOL OF BUSINESS SUPPORT THE MISSION OF IONA COLLEGE THROUGH A COMMITMENT TO FOSTERING ACADEMIC EXCELLENCE AND INTELLECTUAL INQUIRY IN THE LIBERAL ARTS TRADITION. THE SCHOOLS EMBRACE THE VALUES OF A STUDENT-CENTERED INSTITUTION ROOTED IN A RELIGIOUS TRADITION INCLUDING PURSUIT OF KNOWLEDGE AND TRUTH, DEVOTION TO INTEGRITY, DIVERSITY, AND FREEDOM OF INQUIRY; OPENNESS TO CHANGE, INNOVATION, AND ENTREPRENEURSHIP; APPRECIATION FOR DATA-INFORMED, OUTCOMES-ORIENTED PRACTICES THAT PROMOTE INTERNAL COLLABORATION AND EXTERNAL COMPETITIVENESS; COMMITMENT TO COMPASSION, TRANSPARENT DECISION-MAKING, AND ACCOUNTABILITY AND DEDICATION TO RESPONSIBLE STEWARDSHIP OF HUMAN, PHYSICAL, FINANCIAL, AND ENVIRONMENTAL RESOURCES. WITH 19 ACADEMIC DEPARTMENTS, THE SCHOOL OF ARTS AND SCIENCE OFFERS MORE THAN 40 BACHELOR OF ARTS (BA), BACHELOR OF SCIENCE (BS) AND MORE THAN 15 MASTER'S DEGREES, AS WELL AS SEVERAL NON-DEGREE CERTIFICATE PROGRAMS. THE SCHOOL OF BUSINESS, OFFERS 7 BACHELOR OF BUSINESS ADMINISTRATION (BBA) DEGREES AND 6 MINORS, THE MASTER OF BUSINESS ADMINISTRATION (MBA) DEGREE IN 5 DIFFERENT MAJOR CONCENTRATIONS, 2 MASTER OF SCIENCE (MS) DEGREES IN FAST-GROWING AREAS SUCH AS FINANCE AND PUBLIC ACCOUNTING. 31769910 0 3292175 STUDENT SERVICES - OTHER ACADEMIC AND STUDENT SUPPORT ACTIVITIES ARE PROVIDED FOR ENROLLED STUDENTS AND IN SUPPORT OF FACULTY SCHOLARSHIP CONSISTENT WITH STANDARDS ESTABLISHED BY THE NEW YORK STATE EDUCATION DEPARTMENT, THE COMMISSION OF HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF SCHOOLS AND COLLEGES AND BEST PRACTICES IN AMERICAN HIGHER EDUCATION. THESE INCLUDE FULLY STAFFED AND OPERATIONAL LIBRARIES, A CAREER DEVELOPMENT CENTER, COUNSELING CENTER, HEALTH SERVICES CENTER, IT SUPPORT CENTER, FACULTY TRAINING CENTER, TUTORING AND ACADEMIC SUPPORT CENTER CAMPUS MINISTRIES OFFICE, ATHLETICS DEPARTMENT, AND STUDENT DEVELOPMENT OFFICE SERVICING CLUBS, STUDENT GOVERNMENT, STUDENT MEDIA AND STUDENT RECREATION. 19243522 0 20407837 AUXILIARY ENTERPRISES - IONA COLLEGE PROVIDE ANCILLARY AUXILIARY SERVICES TO BOTH ITS STUDENT POPULATION AND ITS EMPLOYEE BASE IN AN EFFORT TO SUPPORT ITS EDUCATIONAL MISSION: 1) RESIDENTIAL SERVICES - AS PART OF THE STUDENT EXPERIENCE, IONA COLLEGE OFFERS ON-CAMPUS RESIDENCE HALL HOUSING AND RELATED SERVICES. THE PRIMARY GOAL OF IONA'S RESIDENTIAL LIFE PROGRAM IS TO PROVIDE A SAFE, SECURE AND COMFORTABLE ENVIRONMENT WHERE ACADEMIC SUCCESS, AS WELL AS THE SOCIAL, EMOTIONAL, SPIRITUAL, PHYSICAL AND CULTURAL DEVELOPMENT OF EACH RESIDENT, IS FACILITATED. 2) BOOKSTORE - THE COLLEGE HAS AN ON-CAMPUS BOOKSTORE WHERE STUDENTS CAN PURCHASE TEXTBOOKS, STUDY AIDS, ELECTRONICS, SOFTWARE, STATIONERY AND RELATED HARD GOODS. 3) FOOD SERVICE/CAFETERIA - THE COLLEGE HAS AN ON-CAMPUS CAFETERIA THAT IS COMMITTED TO PROVIDING QUALITY AND NUTRITIOUS FOOD WITH EXCEPTIONAL SERVICE. RESIDENT STUDENTS AND COMMUTERS MAY PARTICIPATE IN THE FULL MEAL PLAN OFFERED AT IONA COLLEGE. 143871110 true true false true false false true false true true true false false true true true false true false false false false true true false false false true true true false false false false false false false false false false true false false false true false false false false true 221 0 true 1843 true true true false false false false true true true false false false false false X 32 31 false false true false false false false true true false false true true true true true true true false false X ANNE MARIE SCHETTINI-LYNCH 9146332468 715 NORTH AVE MCSPEDON HALL NEW ROCHELLE NY 10801 DR JOSEPH E NYRE PRESIDENT 65.0 0.0 X X 714531 0 35891 JAMES P HYNES CHAIRPERSON 2.0 0.0 X X 0 0 0 DAVID J MCCABE VICE CHAIR 1.0 0.0 X X 0 0 0 DAVID P BROWN TRUSTEE 1.0 0.0 X 0 0 0 LINDA M BRUNO TRUSTEE 1.0 0.0 X 0 0 0 JULIA CONSIDINE GREIFELD TRUSTEE 1.0 0.0 X 0 0 0 RONALD M DEFEO TRUSTEE 1.0 0.0 X 0 0 0 ANDREW J DOLCE TRUSTEE 1.0 0.0 X 0 0 0 PATRICK C DUNICAN JR TRUSTEE 1.0 0.0 X 0 0 0 KEVIN FLOOD TRUSTEE 1.0 0.0 X 0 0 0 THERESA A GOTTLIEB TRUSTEE 1.0 0.0 X 0 0 0 KEVIN GRIFFITH TRUSTEE 1.0 0.0 X 0 0 0 THOMAS E HALES TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL P HEGARTY TRUSTEE 1.0 0.0 X 0 0 0 KATHLEEN A HURLIE TRUSTEE 1.0 0.0 X 0 0 0 JOHN C JUDGE TRUSTEE 1.0 0.0 X 0 0 0 ROBERT V LAPENTA TRUSTEE 1.0 0.0 X 0 0 0 BARTLEY F LIVOLSI TRUSTEE 1.0 0.0 X 0 0 0 PHILLIP N MAISANO TRUSTEE 1.0 0.0 X 0 0 0 JOANN MAZZELLA MURPHY TRUSTEE 1.0 0.0 X 0 0 0 C PATRICK O'DONNELL JR TRUSTEE 1.0 0.0 X 0 0 0 SEAN O'SHEA TRUSTEE 1.0 0.0 X 0 0 0 STEPHEN V REITANO TRUSTEE 1.0 0.0 X 0 0 0 PETER J RIPP TRUSTEE 1.0 0.0 X 0 0 0 ERIC L ROBINSON TRUSTEE 1.0 0.0 X 0 0 0 ARMANDO C RODRIGUEZ JR TRUSTEE 1.0 0.0 X 0 0 0 CHARLES W SCHOENHERR TRUSTEE 1.0 0.0 X 0 0 0 INGRID THOMPSON-SELLERS TRUSTEE 1.0 0.0 X 0 0 0 MARGARET TIMONEY TRUSTEE 1.0 0.0 X 0 0 0 RAYMOND J VERCRUYSSE TRUSTEE 1.0 0.0 X 0 0 0 BRIAN M WALSH TRUSTEE 1.0 0.0 X 0 0 0 LAWRENCE I WILLS TRUSTEE 1.0 0.0 X 0 0 0 J Riley Mcdonough Trustee (Through 7/20/18) 1.0 0.0 X 0 0 0 ANNE MARIE SCHETTINI-LYNCH SVP OF FIN & ADMINISTRATION 65.0 0.0 X 327341 0 16489 DARRELL WHEELER PROVOST & SVP ACADEMIC AFFAIRS 50.0 0.0 X 147470 0 18749 MARY ELLEN CALLAGHAN CHIEF OF STAFF & BOARD SEC. 50.0 0.0 X 216375 0 23571 KATHLEEN MCELROY GENERAL COUNSEL 60.0 0.0 X 214623 0 21583 TIMOTHY CLUESS MEN'S BASKETBALL COACH 50.0 0.0 X 687137 0 30678 PAUL SUTERA SVP ADVANCEMENT & EXTERNAL AFF 50.0 0.0 X 271691 0 47589 WILLIAM LAMB DEAN, LAPENTA SCHOOL OF BUSINESS 50.0 0.0 X 257561 0 45754 JOANNE STEEL VICE PROVOST, INFORMATION TECHNOLOGY 40.0 0.0 X 196061 0 47617 CHRISTOPH WINKLER ENDOWED PROFESSOR 40.0 0.0 X 194710 0 11988 VINCENT CALLUZZO FORMER PROVOST & SVP ACADEMIC AFFAIRS 50.0 0.0 X 227831 0 44168 3455331 0 344077 102 true true false Chartwells Dining Services 91337 Collections Dr PO Box 91337 Chicago IL 60693 Catering 4240032 Pavarini 585 West Putnam Avenue Greenwich CT 06905 Construction 1395067 EAB GLOBAL INC 2445 M STREET NW WASHINGTON DC 20037 Enrollment Mgmt Services 1230006 Valente C A Lindman LLC 263 South River Street Hackensack NJ 07601 Construction 538523 Google Inc Dept 33654 PO BOX 39000 San Francisco CA 94139 Enrollment Services 435760 30 X 574590 2832200 4615826 1372896 8022616 TUITION AND FEES 611710 131768136 131768136 ROOM & BOARD (& OTHER STUDENT CHARGES) 611710 20407837 20407837 CAFETERIA 611710 745762 745762 BOOKSTORE 611710 120321 120321 VENDING COMMISSIONS 611710 60014 60014 0 0 0 0 153102070 2613351 56772 2556579 447040 447040 0 447040 447040 62746000 61779271 966729 0 966729 966729 258300 574590 354462 -96162 -96162 NCAA DISTRIBUTION 611710 544909 544909 SPORTS CAMPS 713940 411992 411992 AQUATICS CLUB 713940 303850 303850 2463750 2443416 5835 14499 3724501 168780145 155468148 474599 4814782 58085399 58085399 0 0 1915479 341372 1574107 47040891 40523381 5299817 1217693 2712066 2263810 380799 67457 8663857 7231876 1216485 215496 3422987 2857228 480619 85140 506499 506499 171585 171585 12008 12008 97700 97700 159942 159942 5335954 1497257 3499244 339453 3353538 2320992 728404 304142 666355 592710 73433 212 1916166 1704393 211164 609 4013180 3569647 442258 1275 2132919 1897190 235051 678 87737 78040 9669 28 3494765 3108527 385128 1110 6925624 6160210 763214 2200 1542080 1371651 169939 490 FOOD SERVICES 6358204 5655501 700683 2020 OTHER ATHLETIC EXPENSES 799397 711048 88095 254 STUDENT ACTIVITIES 1100287 978684 121253 350 PROFESSIONAL DUES & TRAINING 536219 476957 59092 170 2735560 2433229 301462 869 163786398 143871110 17577942 2337346 9300 8300 37818970 26289441 12021687 9780218 3156119 4045343 0 0 0 2985655 3217815 1016874 1201298 256830862 98269963 143344738 158560899 16301444 16236933 148266040 158966461 0 523283 528029 365444110 378834737 11969277 13231165 5138227 5498591 75362922 73937329 0 3095000 2220000 14678482 14405115 110243908 109292200 X 178021729 192020539 50944000 49714000 26234473 27807998 255200202 269542537 365444110 378834737 X 4993747 9050685 -2097 300000 X false true X true true true X 10098230 24596735 30710189 10839848 8022616 84267618 0 0 10098230 24596735 30710189 10839848 8022616 84267618 31962296 52305322 2328529 1847950 1725122 2367324 3060391 11329316 405205 444028 422848 485820 417827 2175728 285545 322880 219831 240148 272799 1341203 99113865 251488986 0.5277 0.5288 X Schedule A, Part I SCHEDULE A, PART I IONA COLLEGE OPERATES AS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II) BUT ALSO QUALIFIES AS A PUBLICLY SUPPORTED ORGANIZATION DESCRIBED IN SECTION 170(B)(1)(A)(VI) TO ALLOW ITSELF TO UTILIZE THE SPECIAL RULE FOR 501(C)(3) ORGANIZATIONS ON FORM 990, SCHEDULE B. Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 285545.0, COLUMN B - 322880.0, COLUMN C - 219831.0, COLUMN D - 240148.0, COLUMN E - 272799.0, COLUMN F - 1341203.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 12008 12008 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY LOBBYING IS AN INSUBSTANTIAL PART OF THE COLLEGE'S BUDGET. THE COLLEGE EXPENDED FUNDS ON CONSULTING EXPENSES FOR GOVERNMENT RELATIONS BENEFICIAL TO THE COLLEGE AND ITS STUDENTS. 0 100000 X X EDUCATIONAL INSTRUCTION false 143741343 8118305 11622837 3384534 159942 159938009 130845536 7938632 9773420 4616151 200094 143741343 116405592 6334421 12091954 3841187 145244 130845536 110891168 6633800 897375 1871335 145416 116405592 100295971 9711522 2848107 1814847 149585 110891168 0.7745 0.1671 0.0584 false false 9852103 9852103 163215046 75295840 87919206 51467530 18081831 33385699 6887402 4773923 2113479 25408781 118369 25290412 158560899 MULTI-STRATEGY EQUITY FUND 79013375 F MULTI STRATEGY BOND FUND 16155577 F GOVERNMENT MONEY MARKET FUND 7869512 F LIMITED PARTNERSHIPS 19642186 F CASH VALUE OF LIFE INSURANCE 123983 F R/E COMMERCIAL PROPERTY 2280371 F INTERMEDIATE TERM FUND 17451652 F MERGER ARBITRAGE FUND 16429805 F 158966461 ACCRUED POSTRETIREMENT BENEFIT 11088000 REFUNDABLE ADVANCES FROM U.S. 3317115 14405115 X 120239951 9050685 -57945341 -48894656 169134607 -354462 -354462 168780145 105895519 354462 354462 105541057 58245341 58245341 163786398 Schedule D, Part III, Line 4 Collections of art - description of collections THE COLLEGE OPERATES A PUBLIC GALLERY NEAR ITS CAMPUS THAT IS OPEN TO BOTH STUDENTS AND TO THE GENERAL PUBLIC, FREE OF CHARGE. THE COLLEGE DOES NOT OWN ANY OF THE ARTWORK EXHIBITED IN THIS GALLERY BUT RECEIVES THESE PIECES FOR PUBLIC EXHIBITION. THE GALLERY IS INTENDED AS A VEHICLE TO INCREASE PUBLIC APPRECIATION OF ART AND TO ENHANCE THE STUDENT EDUCATIONAL EXPERIENCE. Schedule D, Part V, Line 4 Intended uses of endowment funds THE COLLEGE'S ENDOWMENT FUND IS INTENDED TO SUPPORT ITS EDUCATIONAL MISSION. PERMANENT ENDOWMENT FUNDS AND QUASI ENDOWMENT FUNDS WILL FUND STUDENT SCHOLARSHIPS, FACULTY SUPPORT, FACILITY ENHANCEMENTS, OPERATIONS AND OTHER STRATEGIC INITIATIVES. THE COLLEGE INTENDS ON KEEPING THE ENDOWMENT PRINCIPAL UNTOUCHED, WHILE USING ITS EARNINGS TO SATISFY THE ABOVE MENTIONED OBJECTIVES. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote IONA COLLEGE (THE "COLLEGE"), A CATHOLIC COLLEGE IN THE TRADITION OF THE CHRISTIAN BROTHERS, IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), AND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS. UNDER ASC 740, "INCOME TAXES", THE COLLEGE MUST RECOGNIZE A TAX LIABILITY ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE COLLEGE DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS TAKEN, AND ACCORDINGLY, WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS UNDER ASC 740. THE COLLEGE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 SCHOLARSHIP DISBURSEMENT - -58085399 INVESTMENT EXPENSES - -159942 CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION - 300000 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Special Events & Gaming Direct Expenses - -354462 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Special Events & Gaming Direct Expenses - 354462 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements SCHOLARSHIP DISBURSEMENTS - 58085399 INVESTMENT EXPENSES - 159942 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE COLLEGE INCLUDES A STATEMENT OF ITS NON-DISCRIMINATION POLICY ON ITS WEBSITE, AS WELL AS IN STUDENT MATERIALS, AND EMPLOYEE JOB POSTINGS Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE COLLEGE RECEIVES GRANTS FOR RESEARCH , TRAINING, AND FINANCIAL AID FROM THE NATIONAL SCIENCE FOUNDATION , THE US DEPARTMENT OF EDUCATION AND VARIOUS OTHER FEDERAL AND NEW YORK STATE AGENCIES X X X X X X X true MARTS & LUNDY 1200 WALL STREET WEST 5th FLOOR LYNDHURST NJ 07071 FUNDRAISING STRATEGIST false 0 32700 -32700 CONCOURSE CONSULTING LLC 35 STURBRIDGE PLACE SCARSDALE NY 10583 FUNDRAISING false 0 65000 -65000 0 97700 -97700 NY Dinner Dance 607420 464320 143100 169404 10750 79638 Winged Foot 225470 110270 115200 60558 34112 0 0 832890 574590 258300 229962 10750 113750 354462 -96162 true SCHOLARSHIPS 3302 58085399 0 N/A N/A Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. IONA COLLEGE GIVES AID TO STUDENTS IN TWO FORMS: MERIT AID AND NEEDS BASED AID. THE AMOUNT OF MERIT AID A STUDENT RECEIVES IS BASED ON A CALCULATED ACADEMIC INDEX THAT IS DERIVED FROM THEIR GPA & SAT SCORES. NEED BASED AID IS DETERMINED FROM THE STUDENT EFC. STUDENTS ARE GIVEN THESE AWARDS UPON ACCEPTANCE TO THE COLLEGE AND THE AWARDS ARE RENEWED ON AN ANNUAL BASIS ASSUMING THE STUDENT MEETS THE REQUIRED CUMULATIVE GPA AND THEIR NEED AS DETERMINED BY FAFSA HAS NOT CHANGED. ALL SCHOLARSHIPS ISSUED BY THE COLLEGE ARE INTENDED TO BE USED TO DEFRAY TUITION COSTS AND ENABLE STUDENTS TO MATRICULATE AT IONA COLLEGE, THE STUDENT HAS NO DISCRETION ON HOW TO EXPEND THOSE FUNDS. ACCORDINGLY, THE COLLEGE DOES NOT FORMALLY MONITOR THE USE OF THE SCHOLARSHIP FUNDS SINCE IT IS REQUIRED THAT SUCH FUNDS BE USED TO OFFSET TUITION COSTS. X X X X true true X X X false true false false false false false false false DR JOSEPH E NYRE PRESIDENT 550689 0 53321 0 110521 0 0 0 35891 0 750422 0 0 0 ANNE MARIE SCHETTINI-LYNCH SVP OF FIN & ADMINISTRATION 281504 0 28317 0 17520 0 13750 0 2739 0 343830 0 0 0 DARRELL WHEELER PROVOST & SVP ACADEMIC AFFAIRS 141326 0 0 0 6144 0 6923 0 11826 0 166219 0 0 0 MARY ELLEN CALLAGHAN CHIEF OF STAFF & BOARD SEC. 195685 0 20500 0 190 0 19848 0 3723 0 239946 0 0 0 KATHLEEN MCELROY GENERAL COUNSEL 194970 0 18947 0 706 0 9857 0 11726 0 236206 0 0 0 TIMOTHY CLUESS MEN'S BASKETBALL COACH 664182 0 0 0 22955 0 27750 0 2928 0 717815 0 0 0 PAUL SUTERA SVP ADVANCEMENT & EXTERNAL AFF 248492 0 22938 0 261 0 12849 0 34740 0 319280 0 0 0 WILLIAM LAMB DEAN, LAPENTA SCHOOL OF BUSINESS 232646 0 24000 0 915 0 12019 0 33735 0 303315 0 0 0 JOANNE STEEL VICE PROVOST, INFORMATION TECHNOLOGY 191235 0 0 0 4826 0 15294 0 32323 0 243678 0 0 0 CHRISTOPH WINKLER ENDOWED PROFESSOR 193887 0 0 0 823 0 9779 0 2209 0 206698 0 0 0 VINCENT CALLUZZO FORMER PROVOST & SVP ACADEMIC AFFAIRS 219964 0 0 0 7867 0 22279 0 21889 0 271999 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments GROSS-UP PAYMENTS ARE REPORTED ON BOTH THE PRESIDENT'S FORM W-2 AND ON FORM 990, SCHEDULE J, PART II, COLUMN (B)(III). Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE COLLEGE PROVIDES DR. JOSEPH NYRE, PRESIDENT, HOUSING ON THE COLLEGE'S CAMPUS FOR THE CONVENIENCE OF THE EMPLOYER (IONA COLLEGE) AND AS A CONDITION OF HIS EMPLOYMENT. THE $78,000 FAIR MARKET VALUE OF SUCH LODGING IS EXCLUDED FROM THE PRESIDENT'S TAXABLE INCOME AND IS NOT REPORTED ON FORM 990, SCHEDULE J, PART II, COLUMN (D) AS A NONTAXABLE BENEFIT. Schedule J, Part I, Line 1a Health or social club dues or initiation fees THE COLLEGE MAINTAINS AN INSTITUTIONAL MEMBERSHIP AT THE "HOME" GOLF CLUB OF THE IONA COLLEGE GOLF TEAM. THE PRESIDENT USES THE SOCIAL CLUB PRIMARILY FOR BUSINESS PURPOSES. ANY INCREMENTAL CHARGES FOR PERSONAL USE ARE PAID PERSONALLY BY THE PRESIDENT. Schedule J, Part I, Line 1a Personal services PAYMENTS FOR HOUSEHOLD SERVICES ARE REPORTED ON BOTH THE PRESIDENT'S FORM W-2 AND ON FORM 990, SCHEDULE J, PART II, COLUMN (B)(III). Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE FOLLOWING CONTRIBUTION WAS MADE TO A SECTION 457(F) PLAN DURING THE YEAR -Dr. Joseph Nyre- $18,500 A DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 649906P65 2012-08-01 31366862 REFUNDING 2002 BOND/CONSTRUCTION false false false B CITY OF NEW ROCHELLE CORP FOR LOCAL DEVELOPMENT 611721247 648535AS1 2015-05-06 49537981 REFUNDING OF 2013 NROC BOND/CONSTR false false false A 2429580 31366862 2039974 507061 6058913 22760914 2013 true false false true B 664230 49537981 2946436 2107765 773080 34815590 8186545 708565 2016 true false false true A false false false false 0.0 0.0 0.0 false false true B false false false false 0.0 0.0 0.0 false false true A false true false false false false false false true B false true false false false false false false true A true B true X 33 1372896 Market value 0 false true false Schedule M, Part I, Line 9 SCHEDULE M, PART I, LINE 9, COLUMN (B) AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. Form 990, Part VI, Line 4 Significant changes to organizational documents The bylaws have been amended to make a change to the requirements of the Young Adult Trustee. Under the previous bylaws, the young adult trustee should not have graduated more than 5 years prior to election. Under the new bylaws, the requirement has been changed from 5 years to 8 years. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY A NATIONALLY RENOWNED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. A COPY OF THE DRAFT FORM 990 IS CIRCULATED TO THE FULL BOARD OF TRUSTEES FOR DISCUSSION AND COMMENT. EACH BOARD MEMBER IS PROVIDED AMPLE OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE FORM 990 PRIOR TO ITS ELECTRONIC FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy EACH TRUSTEE OF THE COLLEGE IS REQUIRED UPON APPOINTMENT AND ANNUALLY TO DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR EMPLOYMENT, BOARD SERVICE, OR POSITION WITH THE COLLEGE. THE COLLEGE MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS BY THE SECRETARY OF THE BOARD. The Secretary provides a copy of all completed statements to the Chair of the Audit, Compliance and Risk Committee and the Chair of the Board. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. Should a potential conflict arise, they are reviewed by the Audit, Compliance and Committee, which will attempt to resolve any actual or potential conflict and, in the absence of resolution, will refer the matter to the Board of Trustees for resolution. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE COLLEGE UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS TOP MANAGEMENT OFFICIAL IS REASONABLE GIVEN THE MARKET IN WHICH THE COLLEGE OPERATES. IN RELEVANT PART, THE BOARD OF TRUSTEES HAS ESTABLISHED A COMPENSATION COMMITTEE OF INDEPENDENT PERSONS THAT HAVE NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION AGREEMENT. CONTEMPORANEOUS SUBSTANTIATION FOR THE COMPENSATION REVIEW IS WITH THE COMPENSATION COMMITTEE MINUTES WHICH INCLUDES THE USE OF COMPARATIVE DATA AVAILABLE IN THE MARKET. THE PROCESS WAS MOST RECENTLY PERFORMED IN APRIL 2019. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION DOES NOT ORDINARILY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, HOWEVER IF REQUESTED WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Parking Fines - Total Revenue: 14499, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 14499; Other Revenue - Total Revenue: 2449251, Related or Exempt Function Revenue: 2443416, Unrelated Business Revenue: 5835, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION - 300000; 748-754 NORTH AVENUE LLC 715 NORTH AVENUE NEW ROCHELLE NY 10801 472478619 REAL ESTATE NY 132191 2200000 IONA COLLEGE