2019-05-13T10:33:31-05:00 2018-06-30 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 990 2017-07-01 133508093 IONA COLLEGE % ANNE MARIE SCHETTINI-LYNCH IONA 9146332483 715 NORTH AVENUE MCSPEDON HALL NEW ROCHELLE NY 108011890 ANNE MARIE SCHETTINI-LYNCH SVP OF FINANCE 9146332480 2019-05-10 true Paul Hammerschmidt P01384178 2128858000 174.49.114.208 26308920191335000005 2019-05-13 P 48C336AAB7D1DE8463E223BE15B361E384766368 48C336AAB7D1DE8463E223BE15B361E384766368 2017 2019-02-21 02:37:17Z DR JOSEPH NYRE 715 NORTH AVE MCSPEDON HALL NEW ROCHELLE NY 10801 166176396 false 0928 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. 33 32 1857 32 485820 35014 30710189 10839848 150605436 149441429 1542623 2029506 3089018 3528172 185947266 165838955 55550031 56652303 0 0 64276243 64333941 135200 107676 2428020 39608157 40625051 159569631 161718971 26377635 4119984 353614803 365444110 112081027 110243908 241533776 255200202 X 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 COLLEGES 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 91183793 56652303 127438672 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, IONAS 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. IONAS 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. IONAS 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 1 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 MASTERS 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. 31494200 0 2854332 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. 19192909 0 21018304 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 SERVICES/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. 141870902 true true false true false false false true false true true true false false true true true false false 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 238 0 true 1857 true true true false false false false true true false false false false X 33 32 false false false false false false false true true false false true true true true true true true true false X ANNE MARIE SCHETTINI-LYNCH 9146332480 715 NORTH AVE MCSPEDON HALL NEW ROCHELLE NY 10801 X DR JOSEPH NYRE PRESIDENT 65.0 0.0 X X 1503313 0 51795 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 RONALD M DEFEO TRUSTEE 1.0 0.0 X 0 0 0 ANDREW 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 JULIA CONSIDINE GREIFELD 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 JUDGE TRUSTEE 1.0 0.0 X 0 0 0 ROBERT 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 FROM 817 TRUSTEE 1.0 0.0 X 0 0 0 J RILEY MCDONOUGH TRUSTEE 1.0 0.0 X 0 0 0 JOANN MAZZELLA MURPHY TRUSTEE 1.0 0.0 X 0 0 0 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 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 Anne Marie Schettini-Lynch SVP OF FIN & ADMINISTRATION 65.0 0.0 X 416166 0 15615 VINCENT CALLUZZOTHRU 63018 Provost & SVP Academic Affairs 50.0 0.0 X 266306 0 45680 Mary Ellen Callaghan Chief of Staff & BOARD SEC. 50.0 0.0 X 188967 0 20220 Kathleen McElroy General Counsel 60.0 0.0 X 201983 0 19659 TIMOTHY CLUESS MEN'S BASKETBALL COACH 50.0 0.0 X 1096340 0 23706 PAUL SUTERA SVP ADVANCEMENT & EXTERNAL AFF 50.0 0.0 X 262171 0 44742 RICHARD COLE THRU 6218 VP for Athletics ADMIN. 50.0 0.0 X 220387 0 41683 SIBDAS GHOSH THRU 63018 DEAN, SCHOOL OF ARTS & SCIENCE 40.0 0.0 X 202569 0 23334 KURT ENGEMANN PROFESSOR 40.0 0.0 X 189887 0 15200 4548089 0 301634 96 false true false Chartwells Dining Services 91337 Collections Drive PO Box 9 CHICAGO IL 606931337 CATERING 4161604 EW HOWELL 245 NEWTOWN ROAD SUITE 600 PLAINVIEW NY 11803 CONSTRUCTION 2607471 EAB GLOBAL INC 2445 M STREET NW WASHINGTON DC 20037 ENROLLMENT MGMT SVCS 1197112 GENSLER 12478 Collection Center Drive CHICAGO IL 60693 CONSTRUCTION 990095 ENCON 1265 WOODEND ROAD STRATFORD CT 06615 CONSTRUCTION 735749 36 814630 4786422 5238796 288741 10839848 TUITION & FEES 611710 127438672 127438672 ROOM & BOARD (& OTHER STUDENT CHARGES) 611710 21070809 21070809 CAFETERIA 611710 731109 731109 BOOKSTORE 611710 140826 140826 VENDING COMMISSIONS 611710 60013 60013 149441429 2029506 2029506 0 0 337818 337818 0 337818 337818 0 223620 814630 337441 -113821 -113821 0 0 0 0 0 0 NCAA DISTRIBUTION 611710 526468 526468 SPORTS CAMPS 713940 426577 426577 AQUATICS CLUB 713940 269990 269990 2081140 2005369 59243 16528 3304175 165838955 151311308 485820 3201979 0 56652303 56652303 0 0 1747481 297510 1449971 0 47209440 40032404 5808679 1368357 2419830 2003104 353360 63366 9544824 7901081 1393802 249941 3412366 2824712 498298 89356 0 610459 610459 152150 152150 26027 26027 107676 107676 200094 200094 3907548 857578 2681668 368302 3385319 2284251 791841 309227 711076 637393 76502 -2819 2077424 1862156 223503 -8235 0 4014313 3598338 431887 -15912 2371156 2125450 255105 -9399 0 57029 51119 6136 -226 3543388 3176211 381222 -14045 0 6735504 6037551 724651 -26698 1442399 1292933 155183 -5717 FOOD SERVICE 6359415 5700434 684189 -25208 STUDENT ACTIVITIES 1124852 1008292 121019 -4459 OTHER ATHLETIC EXPENSES 847626 759793 91193 -3360 PROFESSIONAL DUES & TRAINING 541557 485440 58264 -2147 2517715 2256822 270873 -9980 161718971 141870902 17420049 2428020 9400 9300 37447890 37818970 12568763 12021687 2822966 3156119 0 0 0 0 2799677 2985655 0 0 1002550 1016874 234727333 91382595 144104266 143344738 15965337 16301444 135639816 148266040 0 0 0 0 1254138 523283 353614803 365444110 10873090 11969277 0 0 5051376 5138227 76764175 75362922 0 0 0 0 3955000 3095000 0 0 15437386 14678482 112081027 110243908 X 167919753 178021729 49489823 50944000 24124200 26234473 241533776 255200202 353614803 365444110 X 4119984 8735341 2101 809000 X false true X true true true X 7209092 10098230 24596735 30710189 10839848 83454094 0 0 7209092 10098230 24596735 30710189 10839848 83454094 32680637 50773457 2078353 2328529 1847950 1725122 2367324 10347278 403920 405205 444028 422848 485820 2161821 10895 12895 9752 7575 16528 57645 96020838 726753566 0.52878 0.50156 X PART I: IONA COLLEGE OPERATES AS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II) BUT HAS DESIGNATED ITSELF 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. false false false false false false false false true 26027 26027 false false PART II-B, LINE 1I: 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. X X X EDUCATIONAL INSTRUCTION false 130845536 7938632 9773420 4616151 200094 143741343 116405592 6334421 12091954 3841187 145244 130845536 110891168 6633800 897375 1871335 145416 116405592 100295971 9711522 2848107 1814847 149585 110891168 69249440 19472516 12494911 783405 137491 100295971 0.77220 0.17060 0.05720 false false 9852103 9852103 163215046 71479268 91735778 49295380 15741069 33554311 6229139 4162258 2066881 6135665 0 6135665 143344738 MULTI-STRATEGY EQUITY FUND 72400755 F MULTI STRATEGY BOND FUND 15041114 F GOVERNMENT MONEY MARKET FUND 7701318 F LIMITED PARTNERSHIPS 17302382 F CASH VALUE OF LIFE INSURANCE 109016 F R/E COMMERCIAL PROPERTY 2280371 F INTERMEDIATE TERM FUND 16728866 F MERGER ARBITRAGE FUND 16702218 F 148266040 0 ACCRUED POSTRETIREMENT BENEFIT 11656000 REFUNDABLE ADVANCES FROM U.S. 3022482 14678482 X 118868340 8735341 337441 9072782 109795558 200094 55843303 56043397 165838955 105204015 337441 337441 104866574 200094 56652303 56852397 161718971 PART III, LINE 4: 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. PART V, LINE 4: 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 AND OTHER STRATEGIC INITIATIVES. THE COLLEGE INTENDS ON KEEPING THE PERMANENTLY ENDOWMENT PRINCIPAL UNTOUCHED, WHILE USING ITS EARNINGS TO SATISFY THE ABOVE MENTIONED OBJECTIVES. PART X, LINE 2: 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. PART XI, LINE 2D AND PART XII, LINE 2D: SPECIAL EVENT EXPENSE...............................$337,441. PART XI, LINE 4B: SCHOLARSHIP DISBURSEMENTS.........................$56,652,303. CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION......................................$ (809,000.) TOTAL.............................................$55,843,303. PART XII, LINE 4B: SCHOLARSHIP DISBURSEMENTS.........................$56,652,303. X X X X X X X true Concourse Consulting LLC 35 STURBRIDGE PLACE SCARSDALE NY 10583 fundraising false 0 75000 0 MARTS LUNDY 1200 WALL STREET WEST LYNDHURST NJ 07071 FUNDRAISING STRATEGIST false 0 32676 0 0 107676 0 NY DINNER DANCE 859250 709550 149700 153816 10750 78535 WINGED FOOT 179000 105080 73920 55000 39340 0 1038250 814630 223620 208816 10750 117875 337441 -113821 715 North AVENUE New Rochelle NY 10801 true SCHOLARSHIPS 3261 56652303 PART I, LINE 2: 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 THE 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 false false false false false false true false DR JOSEPH NYRE PRESIDENT 520082 0 613208 0 370023 0 13500 0 38295 0 1555108 0 0 0 Anne Marie Schettini-Lynch SVP OF FIN & ADMINISTRATION 280569 0 121762 0 13835 0 13615 0 2000 0 431781 0 0 0 VINCENT CALLUZZOTHRU 63018 Provost & SVP Academic Affairs 259521 0 0 0 6785 0 25568 0 20112 0 311986 0 0 0 TIMOTHY CLUESS MEN'S BASKETBALL COACH 525072 0 568250 0 3018 0 22261 0 1445 0 1120046 0 0 0 PAUL SUTERA SVP ADVANCEMENT & EXTERNAL AFF 241871 0 20000 0 300 0 12497 0 32245 0 306913 0 0 0 RICHARD COLE THRU 6218 VP for Athletics ADMIN. 192349 0 20000 0 8038 0 10022 0 31661 0 262070 0 0 0 Mary Ellen Callaghan Chief of Staff & BOARD SEC. 171405 0 17371 0 191 0 17420 0 2800 0 209187 0 0 0 Kathleen McElroy General Counsel 182703 0 18575 0 705 0 9239 0 10420 0 221642 0 0 0 SIBDAS GHOSH THRU 63018 DEAN, SCHOOL OF ARTS & SCIENCE 191351 0 0 0 11218 0 9826 0 13508 0 225903 0 0 0 KURT ENGEMANN PROFESSOR 186228 0 0 0 3659 0 14987 0 213 0 205087 0 0 0 PART I, LINE 1A: 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. ADDITIONAL PAYMENT FOR HOUSEHOLD SERVICES (I.E., IMPUTED INCOME AND GROSS-UP) IS REPORTED ON BOTH THE PRESIDENT'S FORM W-2 AND ON FORM 990, SCHEDULE J, PART II, COLUMN (B)(III). ADDITIONALLY, A CONTRACTUAL TUITION CREDIT PAYMENT AND A COMPLETION BONUS ARE INCLUDED FOR 2017. 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. PART I, LINE 7: The college provided Timothy Cluess, Mens Basketball Coach, with a contractual stay bonus which is reported on Schedule J, Part II, Column (B)(II). 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 0 31366862 2039974 0 0 507061 0 0 6058913 22760914 0 2013 true false false true B 664230 0 49537981 2946436 2107765 0 773080 0 0 31779882 8186545 3744273 2016 true false false true A false false false false 0 false false false true B false false false false 0 false false false true A false true false false false false 0 false 0 false true B false true false false false false 0 false 0 false true A true B true X 25 288741 MARKET QUOTATION false true false PART I, LINE 9, COLUMN (B): NUMERICAL FIGURES HERE REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B: 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, SECTION B, LINE 12C: 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. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15: THE COLLEGE UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS TOP MANAGEMENT OFFICIAL AND ALL OF ITS OFFICERS AND KEY EMPLOYEES 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. FORM 990, PART VI, SECTION C, LINE 19: 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 XI, LINE 9: CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION............$ 809,000. 748-754 NORTH AVENUE LLC 715 NORTH AVENUE NEW ROCHELLE NY 10801 472478619 REAL ESTATE NY