2019-05-09T15:33:58-05:00 2018-06-30 474526160 EFPR GROUP CPAS PLLC 280 KENNETH DRIVE ROCHESTER NY 14623 990 2017-07-01 166054295 KEUKA COLLEGE KEUK 3152795244 141 CENTRAL AVENUE KEUKA PARK NY 14478 ROBERT BAUMET VP OF FINANCE & ADMIN. 3152795244 2019-05-02 1 CHRISTOPHER JOHNSTON P00896198 5854278900 2019-05-02 64.88.174.3 2019-05-02 15:27:17 ED P B561CD93553E67407827BAF128638A8ACAB09CF7 C75B28FFA3308768DAB6F0DF609403FC97F54CCE 2017 2019-02-21 02:37:17Z JORGE DIAZ-HERRERA 141 CENTRAL AVENUE KEUKA PARK NY 14478 59230485 0 X WWW.KEUKA.EDU X 1939 NY TO CREATE EXEMPLARY CITIZENS AND LEADERS TO SERVE THE NATION AND THE WORLD OF THE 21ST CENTURY. 40 36 1177 741 221548 -363883 3165239 3719217 50900329 53190539 412222 726343 796576 534294 55274366 58170393 14274577 16216858 0 0 24085239 23572207 0 0 940227 18703643 18608048 57063459 58397113 -1789093 -226720 61553807 61101133 36719274 35509570 24834533 25591563 X TO CREATE EXEMPLARY CITIZENS AND LEADERS TO SERVE THE NATION AND THE WORLD OF THE 21ST CENTURY. 0 0 46407066 16216858 53508014 SINCE ITS FOUNDING IN 1890 AS A SPIRITUALLY CENTERED COLLEGE OF LIBERAL ARTS AND PRACTICAL LEARNING, KEUKA COLLEGE HAS GRADUATED GENERATIONS OF HUMANISTS AND SCIENTISTS, CONTRIBUTIVE CITIZENS AND CARING LEADERS; WOMEN AND MEN ENERGETICALLY ENGAGED IN THE ART OF LEADING PRODUCTIVE AND FULFILLING LIVES. KEUKA COLLEGE STUDENTS ARE CHOSEN FOR REASONS OF ABILITY AND CHARACTER, AND DURING THEIR KEUKA COLLEGE YEARS, THEY DEVELOP THOSE ABILITIES, DISCOVER OTHERS THEY DID NOT KNOW THEY HAD, AND TAKE RESPONSIBILITY NOT ONLY OF THE COURSE OF THEIR EDUCATIONS, BUT THE PURSUIT OF THEIR OWN HAPPINESS.KEUKA COLLEGE OFFERS ACCREDITED LIBERAL ARTS-BASED UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS AT ITS HOME CAMPUS AND ACROSS NEW YORK STATE. THE COLLEGE ALSO OPERATES PROGRAMS IN CHINA AND VIETNAM. NURSING, BUSINESS, CRIMINAL JUSTICE, SOCIAL WORK, OCCUPATIONAL THERAPY, PSYCHOLOGY, AND BIOLOGY ARE AMONG THE TOP PROGRAMS IN THE COLLEGE'S PROGRAM PORTFOLIO. 46407066 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 1 1 1 1 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 2652 0 1 1177 0 1 1 0 0 0 0 1 1 0 0 0 0 X 40 36 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X INTERIM CONTROLLER 3152795252 141 CENTRAL AVENUE KEUKA PARK NY 144780098 PROF JORGE DIAZ-HERRERA PHD PRESIDENT 40.00 X X 319778 0 110591 JOSE ACEVEDO-RAMOS MD BOARD OF TRUSTEES 1.00 X 0 0 0 BARBARA S ALLARDICE PHD BOARD OF TRUSTEES 1.00 X 0 0 0 MARTHA DIETER BOARD OF TRUSTEES 1.00 X 0 0 0 NANCY RIKER BOARD OF TRUSTEES 1.00 X 0 0 0 REV WILLIAM A CARLSEN BOARD OF TRUSTEES 1.00 X 0 0 0 SANDRA ANSLEY BOARD OF TRUSTEES 1.00 X 0 0 0 KEITH H FAGAN BOARD OF TRUSTEES 1.00 X 0 0 0 REV ANNE BARDEN WAASDORP BOARD OF TRUSTEES 1.00 X 0 0 0 CRYSTAL J GIPS EDD BOARD OF TRUSTEES 1.00 X 0 0 0 WILLIAM H GOODRICH BOARD OF TRUSTEES 1.00 X 0 0 0 ARLENE WESLEY CASH BOARD OF TRUSTEES 1.00 X 0 0 0 CAROLYN M KLINGE PHD BOARD OF TRUSTEES 1.00 X 0 0 0 SARAH E KUEHL SECRETARY 1.00 X X 0 0 0 JILL E MARTIN BOARD OF TRUSTEES 1.00 X 0 0 0 KATHERINE T MEISCH BOARD OF TRUSTEES 1.00 X 0 0 0 DAVID MILLER BOARD OF TRUSTEES 1.00 X 0 0 0 ELLEN EDWARDS MUSHINSKI BOARD OF TRUSTEES 1.00 X 0 0 0 SUZANNE AQUILINA DNP BOARD OF TRUSTEES 1.00 X 0 0 0 MARTIN F PALUMBOS TREASURER 1.00 X X 0 0 0 FRANK CHIAINO BOARD OF TRUSTEES 1.00 X 0 0 0 AQUA Y PORTER VICE CHAIR 1.00 X X 0 0 0 JILL S GREGORY BOARD OF TRUSTEES 1.00 X 0 0 0 MICHAEL H SWEET BOARD OF TRUSTEES 1.00 X 0 0 0 ROBERT D TAISEY BOARD OF TRUSTEES 1.00 X 0 0 0 REV DR MARLOWE WASHINGTON DMIN BOARD OF TRUSTEES 1.00 X 0 0 0 BARBARA E YUNIS BOARD OF TRUSTEES 1.00 X 0 0 0 ALAN R ZIEGLER CHAIR 1.00 X X 0 0 0 BETTYLOU KOFFEL MD BOARD OF TRUSTEES 1.00 X 0 0 0 SUSAN NORDSTROM BOARD OF TRUSTEES 1.00 X 0 0 0 GENE PIERCE BOARD OF TRUSTEES 1.00 X 0 0 0 MARIAH SERGENT STUDENT TRUSTEE 1.00 X 386 0 0 STEVEN H SWARTOUT ESQ BOARD OF TRUSTEES 1.00 X 0 0 0 KIRK M VIESELMEYER PE BOARD OF TRUSTEES 1.00 X 0 0 0 KATHARINE WILHELM BOARD OF TRUSTEES 1.00 X 0 0 0 JUANITA M HAWKINS BOARD OF TRUSTEES 1.00 X 0 0 0 PATRICIA CONDLIN MIDDLEBROOK BOARD OF TRUSTEES 1.00 X 0 0 0 MARY MULLEN STUDENT TRUSTEE 1.00 X 1691 0 0 KAYE STONE-GANSZ BOARD OF TRUSTEES 1.00 X 0 0 0 JEFF WRIGHT BOARD OF TRUSTEES 1.00 X 0 0 0 JERRY HILLER VP FOR FINANCE & ADMIN. 40.00 X 135818 0 18792 MARK PETRIE VP FOR ENROLLMENT & STUD. DEV. 40.00 X 179534 0 20918 AMY STOREY VP FOR ADVANCEMENT & EXTERNAL AFFAIRS 40.00 X 161661 0 20522 PAUL FORESTELL PROVOST & VP FOR ACADEMIC AFFAIRS 40.00 X 162573 0 31916 VICTORIA SMITH PROF., OCCUPATIONAL THERAPY 40.00 X 136366 0 9887 ANDREA CAMPBELL ASSOCIATE VIP & CIO 40.00 X 127744 0 24306 TIMOTHY SELLERS ASSOCIATE PROVOST 40.00 X 127538 0 33783 DEBRA GATES ASSOC. PROFESSOR OF NURSING 40.00 X 112800 0 11520 ELIZABETH RUSSO DIVISION CHAIR OF NURSING 40.00 X 112750 0 15363 1578639 0 297598 12 0 1 0 AVI FOODSYSTEMS INC 2590 ELM RD WARREN OH 44483 FOOD SERVICES 2353193 SODEXO OPERATIONS LLC 1440 CAMPBELL LN STE 600 BOWLING GREEN KY 42104 PHYSICAL PLANT/HOUSEKEEPING 1778221 NMS SECURITY SERVICES LLC 800 E DIMOND BLVD STE 3-450 ANCHORAGE AK 99515 SECURITY SERVICES 376140 UPSTATE ROOFING INC 1300 BRIGHTON-HENRIETTA RD ROCHESTER NY 14623 ROOFING 191464 TRANE CO INC 75 TOWN CENTRE DR ROCHESTER NY 14623 HEATING & COOLING 190384 9 17600 305943 3395674 986719 3719217 TUITION & FEES 900099 42676259 42676259 ROOM & BOARD 900099 9191620 9191620 INTERNATIONAL EXPANSION PROGRAMS 900099 1113607 1113607 AUXILIARY ENTERPRISES 531190 209053 47100 161953 53190539 280477 280477 232843 198980 33863 33863 -21763 55626 1294936 3000 818185 33885 476751 -30885 445866 445866 4313 17600 9042 -4729 -4729 MISCELLANEOUS FEES 900099 511843 507874 3969 DEFERRED GIVING ARRANGEMENTS 900099 -6683 -6683 505160 58170393 53508014 221548 721614 16177060 16177060 39798 39798 979920 979920 17690134 14056342 3141379 492413 1045728 1045728 2525920 1843790 540596 141534 1330505 1028848 301657 120052 120052 54700 54700 63109 30244 32865 3559159 2486698 1041288 31173 574064 4840 569224 3225620 1969604 1208951 47065 67727 67727 3530566 3499905 30661 548942 434057 50681 64204 128565 66301 51633 10631 1108277 996973 111304 3181913 2862347 319566 446446 7025 439421 MISCELLANEOUS EXPENSES 1043038 537334 364342 141362 BAD DEBTS EXPENSE 284880 284880 DUES/MEMBERSHIPS 237403 169020 56538 11845 MINOR CAPITAL PURCHASES 143490 75748 67742 290097 121132 168965 58397113 46407066 11049820 940227 3366181 3799721 1372512 2160099 1354637 1476266 193296 197026 1343593 1403480 44214 9647 298955 272733 74466540 38558044 38107441 35908496 12433608 12661375 3039370 3212290 61553807 61101133 2812803 3548657 1671673 1799437 7851514 7378311 20359730 18699019 4023554 4084146 36719274 35509570 X 9509358 8378932 4900721 6490179 10424454 10722452 24834533 25591563 61553807 61101133 X -226720 219602 764148 X X 0 1 X 1 1 1 X X X X 0 14215637 313656 1042680 603630 208585 63110 14696648 13312585 357551 1351778 553255 194656 58366 14215637 13261050 528312 80272 377153 126478 53418 13312585 13397500 396306 62068 403454 136588 54782 13261050 11504599 721128 1486383 201138 64552 48920 13397500 0.05460 0.72960 0.21580 1 0 45000 45000 1708100 56336696 28189975 29854821 10290792 7764825 2525967 6085952 2603244 3482708 35908496 CASH SURRENDER VALUE OF LIFE INSURANCE 226481 DEFERRED COMPENSATION PLAN ASSETS 385974 FUNDS HELD FOR DEFERRED GIVING 1160899 OTHER RECEIVABLES 1438936 3212290 457B PLAN LIABILITIES 385974 ASSET RETIREMENT OBLIGATION 1375194 DEFERRED GIVING OBLIGATIONS 791080 REFUNDABLE GOVERNMENT LOAN FUNDS 1531898 4084146 X 42389957 219602 208022 427624 41962333 16208060 16208060 58170393 42397075 208022 208022 42189053 16208060 16208060 58397113 PART III, LINE 1A: THE COLLEGE'S COLLECTIONS INCLUDE WORKS OF ART, SCULPTURES AND OTHER ITEMS OF COLLECTIBLE SIGNIFICANCE THAT ARE MAINTAINED IN THE COLLEGE'S LIBRARY ART GALLERY AND IN VARIOUS LOCATIONS ACROSS CAMPUS. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR PUBLIC EXHIBITION AND EDUCATION. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS OR COLLECTIONS. THE COLLEGE HAS NO PLANS TO SELL THESE COLLECTIONS. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH CONTRIBUTIONS, ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENT OF FINANCIAL POSITION. CONTRIBUTED COLLECTION ITEMS ARE NOT RECORDED IN THE FINANCIAL STATEMENTS. PART III, LINE 4: THE WORKS OF ART, SCULPTURES AND OTHER ITEMS OF COLLECTIBLE SIGNIFICANCE ARE ON EXHIBITION FOR STUDENTS IN AN EFFORT TO ENHANCE THE STUDENT'S KNOWLEDGE AND APPRECIATION OF ART TO FOSTER PERSONAL AND ACADEMIC DEVELOPMENT WHILE VALUING CULTURE AND DIVERSITY. PART V, LINE 4: THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 100 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS TOTAL ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE TRUSTEES TO FUNCTION AS ENDOWMENTS. THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: INCOME TAXES - THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE COLLEGE'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH ASC 740-10-50, THE COLLEGE RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT THE COLLEGE IS CURRENTLY OPERATING IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THEREFORE, NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS HAS BEEN INCLUDED ON THE COLLEGE'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 198,980. FUNDRAISING EXPENSES 9,042. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDED & UNFUNDED STUDENT AID 16,208,060. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 198,980. FUNDRAISING EXPENSES 9,042. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDED & UNFUNDED STUDENT AID 16,208,060. 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 POLICY IS POSTED ON EACH PAGE OF THE COLLEGE WEBSITE. STATEMENTS ARE INCLUDED ON PRINT ADVERTISEMENTS AND PUBLICATIONS. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL AID FROM STATE AND FEDERAL AGENCIES (HEOP, TAP AND TITLE IV) THAT IS PASSED TO THE COLLEGE'S STUDENTS. THE COLLEGE FILES THE APPROPRIATE REPORTS WITH THE FEDERAL AUDIT CLEARINGHOUSE AND THE DEPARTMENT OF EDUCATION. REVENUES AND EXPENSES FROM THIS AID ARE CONSIDERED AGENCY FUNDS AND ARE NOT RECORDED AS REVENUES AND EXPENSES OF THE COLLEGE. 1 EAST ASIA & THE PACIFIC 7 2 PROGRAM SERVICES STUDENT RECRUITING 8798 EAST ASIA & THE PACIFIC 7 2 PROGRAM SERVICES IN-COUNTRY TRAVEL & MEALS 10528 14 4 0 0 14 4 19326 0 19326 EAST ASIA & THE PACIFIC STUDENT RECRUITING 8798 WIRE FMV SCHOLARSHIP EAST ASIA AND THE PACIFIC 2 31000 CREDIT TO ACCOUNT FMV 0 0 0 0 0 0 PART I, LINE 2: AWARDING OF INSTITUTIONAL AID IS DRIVEN BY THE AWARD THE STUDENT RECEIVES UPON ENTRANCE TO KEUKA COLLEGE. COMING IN AS A NEW STUDENT, THE ADMISSIONS AND FINANCIAL AID SCHOLARSHIP COMMITTEE FIRST DETERMINES IF THE STUDENT IS ELIGIBLE FOR MERIT BASED AWARDS. THESE AWARDS ARE BASED ON ACADEMIC AND CO-CURRICULAR ACTIVITIES. EACH STUDENT IS THEN REVIEWED FOR NEED-BASED GRANT FUNDING, CAMPUS BASED AID AND CAMPUS EMPLOYMENT TO DETERMINE ELIGIBILITY. STUDENTS ARE PLACED ON THIS GRID BY USING THE ADMISSION'S SCHOLARSHIP CRITERIA TO DETERMINE THEIR RATING AND THEN THEIR FINANCIAL NEED FACTOR AS DETERMINED BY THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) FOR THAT ACADEMIC YEAR. STUDENT AWARDS ARE REVIEWED ON A YEARLY BASIS TO DETERMINE THEIR ELIGIBILITY. TYPICALLY A STUDENT AWARD WILL NOT CHANGE UNLESS FINANCIAL NEED OR ACADEMIC PROGRESS CHANGES. TUITION BASED AWARDS WILL INCREASE/DECREASE WITH THE VALUE OF TUITION EACH YEAR. INSTITUTIONAL AID IS PLACED ON THE STUDENTS ACCOUNT TYPICALLY IN TWO EQUAL DISBURSEMENTS (FALL AND SPRING). THESE DISBURSEMENTS ARE NOT RELEASED UNTIL ALL REQUIRED DOCUMENTATION IS COMPLETE IN THE STUDENT'S FILE. DISBURSEMENTS ARE MADE 10 DAYS PRIOR TO THE START OF CLASSES EACH SEMESTER. INSTITUTIONAL GRANTS ARE AWARDED TO TRADITIONAL UNDERGRADUATE, INTERNATIONAL STUDENTS AND A LIMITED NUMBER OF STUDENTS IN THE GRADUATE AND ACCELERATED STUDY PROGRAM. GOLF TOURNAMENT 21913 17600 4313 1000 1638 3434 2500 470 21913 17600 4313 1000 1638 3434 2500 470 9042 -4729 1 KEUKA GRANTS 1165 16177060 BOOK PART I, LINE 2: AWARDING OF INSTITUTIONAL AID IS DRIVEN BY THE AWARD THE STUDENT RECEIVES UPON ENTRANCE TO KEUKA COLLEGE. COMING IN AS A NEW STUDENT, THE ADMISSIONS AND FINANCIAL AID SCHOLARSHIP COMMITTEE FIRST DETERMINES IF THE STUDENT IS ELIGIBLE FOR MERIT BASED AWARDS. THESE AWARDS ARE BASED ON ACADEMIC AND CO-CURRICULAR ACTIVITIES. EACH STUDENT IS THEN REVIEWED FOR NEED-BASED GRANT FUNDING, CAMPUS BASED AID AND CAMPUS EMPLOYMENT TO DETERMINE ELIGIBILITY. STUDENTS ARE PLACED ON THIS GRID BY USING THE ADMISSION'S SCHOLARSHIP CRITERIA TO DETERMINE THEIR RATING AND THEN THEIR FINANCIAL NEED FACTOR AS DETERMINED BY THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) FOR THAT ACADEMIC YEAR. STUDENT AWARDS ARE REVIEWED ON A YEARLY BASIS TO DETERMINE THEIR ELIGIBILITY. TYPICALLY A STUDENT AWARD WILL NOT CHANGE UNLESS FINANCIAL NEED OR ACADEMIC PROGRESS CHANGES. TUITION BASED AWARDS WILL INCREASE/DECREASE WITH THE VALUE OF TUITION EACH YEAR. INSTITUTIONAL AID IS PLACED ON THE STUDENTS ACCOUNT TYPICALLY IN TWO EQUAL DISBURSEMENTS (FALL AND SPRING). THESE DISBURSEMENTS ARE NOT RELEASED UNTIL ALL REQUIRED DOCUMENTATION IS COMPLETE IN THE STUDENT'S FILE. DISBURSEMENTS ARE MADE 10 DAYS PRIOR TO THE START OF CLASSES EACH SEMESTER. INSTITUTIONAL GRANTS ARE AWARDED TO TRADITIONAL UNDERGRADUATE, INTERNATIONAL STUDENTS AND A LIMITED NUMBER OF STUDENTS IN THE GRADUATE AND ACCELERATED STUDY PROGRAM. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 PROF JORGE DIAZ-HERRERA PHD PRESIDENT 298439 0 0 0 21339 0 21750 0 88841 0 430369 0 0 0 JERRY HILLER VP FOR FINANCE & ADMIN. 135818 0 0 0 0 0 10080 0 8712 0 154610 0 0 0 MARK PETRIE VP FOR ENROLLMENT & STUD. DEV. 164387 0 0 0 15147 0 11918 0 9000 0 200452 0 0 0 AMY STOREY VP FOR ADVANCEMENT & EXTERNAL AFFAIR 154521 0 0 0 7140 0 11405 0 9117 0 182183 0 0 0 PAUL FORESTELL PROVOST & VP FOR ACADEMIC AFFAIRS 162573 0 0 0 0 0 12238 0 19678 0 194489 0 0 0 ANDREA CAMPBELL ASSOCIATE VIP & CIO 127744 0 0 0 0 0 9526 0 14780 0 152050 0 0 0 TIMOTHY SELLERS ASSOCIATE PROVOST 110738 0 16800 0 0 0 8529 0 25254 0 161321 0 0 0 PART I, LINE 1A KEUKA COLLEGE PROVIDED THE FOLLOWING BENEFITS FOR THE PRESIDENT: PERSONAL CAR ALLOWANCE, REIMBURSEMENT OF SOCIAL CLUB DUES, UTILITIES AND MAID SERVICES FOR A TOTAL OF $3,339. ALL OF THESE ITEMS WERE CONSIDERED TAXABLE BENEFITS FOR THE PRESIDENT AND WERE INCLUDED AS WAGE COMPENSATION ON FORM W-2. THE COLLEGE ALSO PROVIDED THE PRESIDENT A NONTAXABLE HOUSING ALLOWANCE OF $80,950. KEUKA COLLEGE PROVIDED THE VP FOR ENROLLMENT & STUDENT DEVELOPMENT WITH TUITION ASSISTANCE IN THE AMOUNT OF $15,147. THIS WAS CONSIDERED A TAXABLE BENEFIT AND WAS INCLUDED AS WAGE COMPENSATION ON FORM W-2. THE COLLEGE ALSO PROVIDED THE VP FOR ENROLLMENT & STUDENT MANAGEMENT A NONTAXABLE HOUSING ALLOWANCE OF $9,000. KEUKA COLLEGE PROVIDED THE VP FOR ADVANCEMENT AND EXTERNAL AFFAIRS A PERSONAL CAR ALLOWANCE OF $7,140. THIS WAS CONSIDERED A TAXABLE BENEFIT AND WAS INCLUDED AS WAGE COMPENSATION ON FORM W-2. A YATES COUNTY CAPITAL RESOURCE CORPORATION (YATES COUNTY CRC) 161130714 2010-09-02 10500000 REFUND PRIOR ISSUES AND NEW SPENDING FOR RENOVATIONS AND IMPROVEMENTS 0 0 0 A 3121689 10500000 210000 218480 1339057 8732463 2012 1 0 1 1 A 0 1 1 1 0 0.02100 0.02100 0 0 1 A 0 0 1 0 1 0 0 0 0 A 1 SCHEDULE K, PART I: REFUND PRIOR YEAR ISSUES 1/30/2003, 12/29/2004, 4/29/2007 AND NEW SPENDING FOR RENOVATIONS AND IMPROVEMENTS. JOSEPH BURKE FORMER PRESIDENT SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN PREMIUMS X 150000 197026 0 1 1 197026 MARY MULLEN STUDENT TRUSTEE AND SCHOLARSHIP RECIPIENT 17000 SCHOLARSHIPS FINANCIAL AID MARIAH SERGENT STUDENT TRUSTEE AND SCHOLARSHIP RECIPIENT 9397 SCHOLARSHIPS FINANCIAL AID STEPHANIE PETRIE DEPENDENT OF VP OF ENROLLMENT MGMT & STUDENT DEV OF COLLEGE 4830 TUITION REMISSION FINANCIAL AID DAN HECKMAN DEPENDENT OF CFO 9975 TUITION REMISSION PAUL FORESTELL KEY EMPLOYEE 89217 PAUL FORESTELL'S SPOUSE IS AN EMPLOYEE OF THE COLLEGE. 0 JOSE ACEVEDO-RAMOS MD BOARD TRUSTEE 99000 DR. JOSE ACEVEDO-RAMOS IS THE PRESIDENT AND CEO OF FLH MEDICAL, PC AND A BOARD TRUSTEE OF THE COLLEGE. THE COLLEGE CONTRACTS WITH FLH MEDICAL, PC FOR MEDICAL SERVICES. 0 WILLIAM H GOODRICH BOARD TRUSTEE 112737 WILLIAM GOODRICH IS THE CEO/MANAGING PARTNER OF LECHASE CONSTRUCTION SERVICES, LLC AND A BOARD TRUSTEE OF THE COLLEGE. THE COLLEGE CONTRACTS WITH LECHASE CONSTRUCTION SERVICES, LLC FOR CONSTRUCTION MANAGEMENT. 0 X 13 16960 INDEPENDENT APPRAISAL X 36 712205 FMV AT DATE OF DONATION X 1 250000 INDEPENDENT APPRAISAL X WINE 266 7554 ESTIMATED FAIR MARKE 0 1 1 PART I, LINE 32B: CANANDAIGUA WEALTH STRATEGIES GROUP ACCEPTS AND SELLS STOCK GIFTS GIVEN TO KEUKA COLLEGE THROUGH THEIR DTC SYSTEM. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER VERIFIES THE ACCURACY OF THE 990 IN DETAIL. IT IS THEN REVIEWED IN DETAIL WITH THE ENTIRE AUDIT COMMITTEE. ALL INDIVIDUALS ARE PROVIDED WITH COPIES OF THE FORM 990. IN ADDITION, THE FULL BOARD REVIEWS THE SALARY DISCLOSURES AND ARE PROVIDED WITH A FINAL COPY OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C FOR THE BOARD OF TRUSTEES, WRITTEN CONFLICT OF INTEREST FORMS ARE SUBMITTED ANNUALLY AND REVIEWED BY THE EXECUTIVE COMMITTEE, THE VP OF FINANCE & ADMINISTRATION AND WHEN NEEDED, THE COLLEGE AUDIT COMMITTEE. FOR EMPLOYEES AND STAFF, THE BUSINESS OFFICE, WITH LEADERSHIP BY THE VP OF FINANCE & ADMINISTRATION AND THE SUPPORT OF HUMAN RESOURCES, MONITORS ALL BUSINESS RELATIONSHIPS BETWEEN THE COLLEGE AND EMPLOYEES. IN ADDITION, THE PROVOST ASSISTS IN MONITORING ACADEMIC ACTIVITIES FOR POSSIBLE CONFLICTS OF INTEREST. THE COLLEGE HAS ADOPTED A "WHISTLEBLOWER" POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENTIAL DEVELOPMENT COMMITTEE (PDC) OF THE BOARD EVALUATED THE PRESIDENT BASED ON 6 KEY AREAS THAT THE COMMITTEE AND THE PRESIDENT AGREED UPON. THE PDC THEN RECOMMENDED THE PRESIDENT'S COMPENSATION PLAN ADJUSTMENT TO THE EXECUTIVE COMMITTEE WHO IN-TURN FURTHERED IT TO THE FULL BOARD. THE PRESIDENT ANNUALLY REVIEWS THE PERFORMANCE OF THE VICE PRESIDENTS. ANY SALARY AND COMPENSATION ADJUSTMENTS OF THE VICE PRESIDENTS ARE GRANTED AFTER AN EVALUATION WITH COMPARABLE EXECUTIVE SALARIES OF PEER COLLEGES, WITHIN AN ESTABLISHED RANGE. THE PRESIDENT DETERMINES THE SALARY ADJUSTMENTS AND REPORTS THEM TO THE COMPENSATION COMMITTEE WHO IN TURN INFORMS THE EXECUTIVE COMMITTEE. ANY SALARY ADJUSTMENTS OUTSIDE OF THE COMPARABILITY RANGE MUST BE APPROVED BY THE COMPENSATION AND EXECUTIVE COMMITTEE. ALSO, DURING THE FISCAL YEAR 2009-10, THE COLLEGE LOANED $50,000 TO THE FORMER PRESIDENT OF THE COLLEGE TO COVER THE PREMIUMS ON A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). DURING THE FISCAL YEAR 2010-11, THE COLLEGE LOANED AN ADDITIONAL $100,000 TO THE FORMER PRESIDENT OF THE COLLEGE TO COVER THESE PREMIUMS. UNDER THE TERMS OF THE AGREEMENT, THE COLLEGE WILL RECEIVE THE PRINCIPAL AMOUNT, PLUS INTEREST AFTER THE DEATHS OF BOTH THE FORMER PRESIDENT AND HIS SPOUSE. THE LOAN IS SECURED BY THE INSURANCE POLICY OF THE FORMER PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE BY REQUEST IN THE COLLEGE BUSINESS OFFICE. FORM 990, PART XI, LINE 9: GAIN ON PROCEEDS FROM INSURANCE RECOVERY 764,148. FORM 990, PART XII, LINE 2C: THE PROCESS FOR THE REVIEW OF THE AUDIT REPORT HAS NOT CHANGED FROM THE PRIOR YEAR.