2018-05-15T16:49:27-07:00 2017-06-30 990 2016-07-01 131740468 MANHATTAN COLLEGE MANH 7188627349 4513 Manhattan College Parkway Riverdale NY 104714098 Matthew McManness Vice President Finance, Treasurer 7188627349 2018-05-15 2016 2022-09-23 18:48:47Z Dr Brennan O'Donnell 4513 Manhattan COllege Parkway Riverdale NY 10471 210019662 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. 32 31 2214 775 0 0 21944865 17869167 172300011 183498717 1601671 2087794 2244548 3053414 198091095 206509092 53800254 59314789 0 0 74875811 79892001 226768 178481 8555312 51946873 50658638 180849706 190043909 17241389 16465183 327979510 365177287 109957124 124568792 218022386 240608495 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 about 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 164276629 59314789 183498717 Manhattan College's undergraduate and graduate programs are: The School of Liberal Arts offers courses and undergraduate degree programs in the humanities and social sciences. Since its founding, Manhattan College has sought to broaden the intellectual horizons of its students to prepare them for the various professions Today, Liberal Arts continues the College's tradition through its core curriculum and its majors. The School of Science is the most recent manifestation of Manhattan College's commitment to Science education since its establishment as a separate school from the School of Arts in 1993. The School of Science curriculum leads to pre-medical and pre-dental programs of study. The School of Engineering curriculum leads to bachelor's degrees in each of the traditional branches of engineering chemical engineering, civil engineering, electrical engineering, mechanical engineering, as well as the more recent branches of environmental engineering and computer engineering. The School of Business curriculum consists of a broad background in the humanities and social sciences, leading to a bachelors degree in business administration with majors in Finance, Economics, Management, Marketing, Computer Information Systems, Accounting and Global Business Studies. The School of Education and Health consists of curricula leading to bachelors degrees in elementary and secondary education, physical education, childhood/special education, allied health, and radiological and health sciences, which include nuclear medicine technology and radiation therapy technology. The Graduate Division curricula include programs to earn a degree or advanced certificate from the School of Education and Health with a focus in special education, counseling, school building leadership or educational technology (online option available), Master of Science (Chemical (including a cosmetic engineering option), Civil, Electrical, Computer, Environmental and Mechanical Engineering), and Master of Environmental Engineering. The College offers a five-year BS/MBA program for undergraduates, as well as a stand alone MBA program for bachelor's degree holders (online option available). The School of Continuing and Professional Studies is designed to offer alternative academic opportunities to non-traditional students. The Bachelor of Science in General Studies addresses the needs of the working adult and provides an ideal opportunity to complete the bachelor's degree in 23 months in a highly structured, modular format. A degree can be conferred once a student has completed 60 credits in residency and has acquired 60 credits transferred from prior educational sources. A master's of science in organizational leadership is available fully online or in a hybrid format that combines online and in classroom learning. The College is accredited by the Middle States Association of Colleges and Schools and in March 2012 was reaccredited for a 10-year period. The College is approved by the American Chemical Society for the professional training of chemists and by the New York State Department of Health for Radiation Therapy Technology. The programs in chemical engineering, civil engineering, electrical engineering and computer engineering, mechanical engineering, and environmental engineering are accredited at the basic level by the Engineering Accreditation Commission of the Accreditation Board for Engineering and Technology. The School of Business is accredited by AACSB International, the Association to Advance Collegiate Schools of Business, the premier accrediting agency for business programs globally. The School of Education is accredited by TEAC, The Teacher Education Accreditation Council, an organization dedicated to improving academic degree programs for professional educators, those who will teach and lead in schools, pre-K through grade 12. FACILITIES The central campus was constructed when the College moved to its current location in the Riverdale section of the Bronx in 1923 from Manhattan. As the student body grew, the diversity of academic programs increased and demand for additional student services grew, the College constructed additional buildings on its campus and purchased additional properties located near the main campus. The College is located in Riverdale. The classroom and laboratory buildings include De La Salle Hall, Miguel Hall, Hayden Science Building, Leo Hall and the Research and Learning Center, which is dedicated to computer research. A wide variety of computing resources are available to students, faculty and staff via JasperNet, the College's campuswide network. Thirteen microcomputer laboratories are located on campus. The O'Malley Library and Technology Center supports 40 systems in a library commons area, 30 in a lab, a 40 seat multimedia classroom and an Internet cafA(C) Wireless network access is available throughout the campus and in student common areas including the dining halls. Internet access is provided by a high speed connection. The existing residence halls of the College are Lee Hall, Horan Hall, Overlook Manor, Jasper Hall, and Chrysostom Hall. Buildings used for classes, meetings and more include the Kelly Commons, De La Salle Hall, Alumni Hall, Draddy Gymnasium, Thomas Hall, Smith Hall and Gaelic Park, a 3.5-acre athletic recreational facility located between the upper and lower campuses. It provides the College with athletic facilities for soccer, lacrosse and softball. The College became coeducational and accepted its first women undergraduate students in 1973. Currently, women number nearly half of the full-time undergraduate student body. With the opening of Horan Hall (1990) and its twin Lee Hall (2008), the College now offers a four-year guarantee of resident housing and 80 percent of the student body chooses to live on or near campus, 20% commute. The student-faculty ratio is twelve to one. Fall 2016 Head count 3,428 undergraduate (full time), 540 graduate. 0 0 0 164276629 1 1 0 1 0 0 0 1 0 1 1 1 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 1 0 1 0 0 0 0 0 0 0 0 1 475 0 2214 1 0 0 0 0 0 1 1 0 0 0 X 32 31 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 Kenneth Rathgeber Trustee, Chair 1 0 X X 0 0 0 Brother Dennis Malloy Trustee, Vice Chair 1 0 X X 0 0 0 Michael J Passarella Trustee, Vice Chair 1 0 X X 0 0 0 John Banks III Trustee 1 0 X 0 0 0 Patrick G Boyle 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 Dr Cornilius J Higgins 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 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 Dr Marybeth McCall Trustee 1 0 X 0 0 0 John McMaster Trustee 1 0 X 0 0 0 Brother Michael J McGinniss 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 Peter M Musumeci Jr Trustee 1 0 X 0 0 0 Kenneth Orce Trustee 1 0 X 0 0 0 Michael J Paliotta 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 Brother Robert J Smith Trustee 1 0 X 0 0 0 Stephen Squeri Trustee 1 0 X 0 0 0 Rosanne Thomas Matzat Trustee 1 0 X 0 0 0 Margaret Walsh Trustee 1 0 X 0 0 0 Dr Brennan O'Donnell President 40 0 X X 612870 0 5499 Barbara Fabe Vice President, Sect 40 0 X 192081 0 35132 Matthew McManness Vice President Finance, Treasurer 40 0 X 289596 0 59899 Dennis Lonergan AVP Finance and Controller, Assistant Treasurer 40 0 X 172368 0 46780 Thomas Mauriello Vice President, Assistant Treasurer 40 0 X 294356 0 27538 William Clyde Provost/Executive Vice President 40 0 X 265544 0 94343 Andrew Ryan Vice President Facilities 40 0 X 201950 0 52689 Stephen Masiello Head Coach, Men's Basketball 40 0 X 389383 0 43806 Timothy Ward Dean 40 0 X 246497 0 25474 William Bisset VP Enrollment Management 40 0 X 233706 0 94359 Salwa Ammar Dean 40 0 X 222752 0 33057 Richard Saterlee Vice President - Student Life 40 0 X 198972 0 38663 3320075 0 557239 127 0 1 0 Gourmet Dining LLC 285 Madison Avenue Madison NJ 07940 Food Service 9297641 Pavarini North East Construction Co Inc 30 Oak Street Stamford CT 06905 Construction 3096688 Sodexho Inc & Affiliates PO Box 81049 Woburn MA 018131049 Cleaning Service 1941129 Mitchell Giurgola Architects LLP 630 9th Avenue Suite 711 New York NY 10036 Architects 823917 Brothers of the Christian Schools of Manhattan College 444 A Route 35 South Building B Eatontown NJ 07724 Educators 683198 59 0 0 1948708 0 2794957 13125502 2179240 17869167 Tuition and Fees 611310 183498717 183498717 0 0 0 0 0 0 183498717 1995789 0 0 1995789 0 0 0 0 31002 0 0 31002 2015727 0 703460 0 1312267 0 1312267 0 0 1312267 2410713 0 2318708 0 92005 0 92005 0 0 92005 200075 1948708 488402 -288327 0 -288327 0 0 0 0 0 0 0 0 0 0 0 0 NCAA Distribution 900099 585603 0 0 585603 Other Athletic Revenue 900099 314517 0 0 314517 Parking Permits 900099 314495 0 0 314495 783857 0 0 783857 1998472 206509092 183498717 0 5141208 0 0 59314789 59314789 0 0 0 0 2610333 442287 1679155 488891 118297 55000 63297 0 58441911 49491207 6047590 2903114 3020941 2565939 239332 215670 11734141 7539772 2480067 1714302 3966378 3509449 269698 187231 0 0 0 0 629956 98107 531849 0 185465 0 185465 0 29401 0 29401 0 178481 178481 988140 450485 459679 77976 1260808 128159 81816 1050833 1093500 635820 296369 161311 1505455 918810 457382 129263 0 0 0 0 5695136 4988784 478792 227560 3332829 3074268 115888 142673 0 0 0 0 835228 594606 198929 41693 2974908 2957908 15640 1360 0 0 0 0 9834540 9431156 371113 32271 1259524 421726 689655 148143 Food Service 8375190 8375190 0 0 Maintenance and Supplies 5021857 4144761 776236 100860 Books, Printing & Publications 1984420 1670841 193975 119604 Student Activities 331763 311328 1478 18957 5320518 3156237 1549162 615119 190043909 164276629 17211968 8555312 4900 4900 52688871 57112541 4843677 5032674 1071756 1392602 29000 0 0 0 95689 271918 50689 48924 576675 730699 308733432 141189881 166795523 167543551 73143444 85946489 27585443 46006865 1093843 1086124 0 0 0 0 327979510 365177287 8493680 9344233 0 0 11914696 11632961 84000592 89000104 0 0 0 0 242379 0 0 0 5305777 14591494 109957124 124568792 X 130713810 141952327 35866737 44172166 51441839 54484002 218022386 240608495 327979510 365177287 16465183 6120926 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 29401 0 0 29401 0 Schedule C, Part II-B, Line 1 Lobbying is not a substantial part of Manhattan College's activities. The College's lobbyist met with the College and New York City Department of Transportation regarding a revocable consent that the College was considering applying for the new Engineering and Science Center. 0 214425 0 0 X X X X 0 80660193 3042163 8001512 1371223 511723 0 89820922 75942238 4900450 1560801 1347763 395533 0 80660193 72903549 2322184 2516801 1453548 346748 0 75942238 64102231 773769 9773172 1361606 384017 0 72903549 57903120 1531453 6225032 1264338 293036 0 64102231 0.0364 0.6066 0.357 0 0 768360 5762097 6530457 0 257829888 111296200 146533688 0 3633932 3633932 0 0 29808528 25575369 4233159 0 10930627 684380 10246247 167543551 0 0 Funds Held by Bond Trustee 40327675 F Hedge Funds 3681447 F Cash Surrender value of Life Insurance policies 1997743 F 46006865 0 Unamortized Bond Premium 10678594 Asset Retirement Obligation 1671000 US government grants refundable 1221672 Liabilities under planned giving agreements 1020228 14591494 X 154507091 6120926 0 0 1191862 7312788 147194303 0 59314789 59314789 206509092 131920982 0 0 0 1191862 1191862 130729120 0 59314789 59314789 190043909 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 approximately 250 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, 2017 and 2016, the College has not identified or provided for any such positions. Schedule D, Part XI, Line 2d Schedule D, Part XI, Line 2d - Other consists of $703,460 of expenses related to rental income, $381,575 of expenses related to special event De La Salle Dinner and $106,827 of expenses related to special event Jasper Open. Schedule D, Part XI, Line 4b $59,314,789 scholarship expenses. Schedule D, Part XII, Line 2d Other consists of $703,460 of expenses related to rental income, $381,575 of expenses related to special event De La Salle Dinner and $106,827 of expenses related to special event Jasper Open. Schedule D, Part XII, Line 4b $59,314,789 scholarship expenses. 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 funds or participates in several programs including: Perkins Loan Program, Supplemental Education Opportunity Grant Program, Pell Grant Program, Teach Grant Program, Family Education Loan Program, Work-study Program, Department of Transportation, Higher Education Professional Development Program and National Science Foundation. Central America and the Caribbean 0 0 Investments 3295778 0 0 3295778 1 0 1 1 0 0 X X X X X X X 1 Lester Inc 19 Business Park Drive Branford CT 06405 Phonathon 0 70233 18531 51702 Community Counselling Services Co LLC 461 Fifth Avenue 3rf Floor New York NY 10017 Consultants for Capital Campaign 0 0 159950 -159950 70233 178481 -108248 CT NY De La Salle Dinner 1978558 1836558 142000 0 0 340453 0 0 41122 Jasper Open 170225 112150 58075 0 0 71630 0 0 35197 0 2148783 1948708 200075 0 0 412083 0 0 76319 488402 -288327 1 College funded scholarships 3364 56736977 0 Scholarships Endowments 293 1371223 0 Government grant and private gift funded scholarships 319 1206589 0 Schedule I, Part I, Line 2 Manhattan College awards Federal and State financial aid to students who demonstrate financial need. The College also provides institutional aid based on academic achievement and/or financial need. The College has a limited number of Athletic scholarships. The College also awards scholarships through its Endowment and donor contributions. These are awarded based upon the donors written restrictions. The Financial Aid Office verifies the academic achievements and the personal income data provided on the FASFA to determine each students need based award and continuously monitor's student eligibility and academic progress. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Dr Brennan O'Donnell President 467628 0 0 0 145242 0 4252 0 1248 0 618370 0 0 0 Barbara Fabe Vice President, Sect 192081 0 0 0 0 0 19208 0 15924 0 227213 0 0 0 Thomas Mauriello Vice President, Assistant Treasurer 289031 0 0 0 5325 0 23276 0 4262 0 321894 0 0 0 Matthew McManness Vice President Finance, Treasurer 284061 0 0 0 5536 0 28406 0 31494 0 349497 0 0 0 Dennis Lonergan AVP Finance and Controller, Assistant Treasurer 172367 0 0 0 0 0 13287 0 33494 0 219148 0 0 0 William Clyde Provost/Executive Vice President 265544 0 0 0 0 0 26555 0 67789 0 359888 0 0 0 Andrew Ryan Vice President Facilities 201950 0 0 0 0 0 20195 0 32494 0 254639 0 0 0 Stephen Masiello Head Coach, Men's Basketball 288296 0 95500 0 5587 0 22905 0 20901 0 433189 0 0 0 Timothy Ward Dean 244997 0 0 0 1500 0 24499 0 975 0 271971 0 0 0 William Bisset VP Enrollment Management 230054 0 0 0 3653 0 23005 0 71354 0 328066 0 0 0 Salwa Ammar Dean 222152 0 0 0 600 0 22215 0 10842 0 255809 0 0 0 Richard Saterlee Vice President - Student Life 198142 0 0 0 800 0 19815 0 18848 0 237605 0 0 0 Schedule J, Part I, Line 1a Manhattan College paid $1,062 in annual dues for the President's membership at The University Club which does not allow memberships to be in the institutions name. All expenditures at the club are in connection with conducting business for the college. The College paid $5,587 in companion travel for the Head Basketball Coach. Insurance premiums paid on behalf of the President of were grossed up for taxes. $93,285.74, the total of premiums and taxes were included in the presidents taxable wages. 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. $77,500 is included in column C. A Build NYC Resource Corporation 454040561 12008EMZ6 2017-06-14 101268446 To defease the Series 2007A and 2007B bonds, to refund Series 2013A and 20013B bonds, to pay costs 0 0 0 A 0 0 101268446 39992740 0 46746751 1533336 0 0 0 12995620 0 1 0 0 1 A 0 0 0 0 0 0 0 0 A 0 1 0 1 0 0 0 0 0 A 0 Schedule K, Part I, Column f-06/14/2017 101,268,446 Build NYC Resource Corporation issuance of the Series 2017 bonds and used in part to finance a new Engineering and Science Innovation Center and other capital projects. The 2013A and 2013B bonds were issued 08/06/2013. Schedule K, Part IV, Line 2c-06/14/2017 101,268,446 Build NYC Resource Corporation The rebate has not been calculated as of of 6/30/2017. The Computation Date for first rebate installment will be no later than June 14, 2022. Substantial Contributor Vendor 9159608 Food Service 0 Substantial Contributor Vendor 3735340 Construction Services 0 Substantial Contributor Vendor 2053121 Cleaning Services 0 Substantial Contributor Vendor 263236 Legal Services 0 Substantial Contributor Vendor 261950 Consulting Services 0 Substantial Contributor Vendor 250000 Legal Services 0 Substantial Contributor Vendor 235881 Audit and Consulting Services 0 Substantial Contributor Vendor 194667 Books 0 Substantial Contributor Vendor 147902 Consulting Services 0 Substantial Contributor Vendor 96832 Consulting Services 0 Substantial Contributor Vendor 67024 IT Services 0 Andrew Ryan Son of Key Employee 63297 Compensation, full time staff 0 Edward Frank McManness II Family member of Matthew McManness, Officer 55000 independent contractor arrangement consulting 0 Substantial Contributor Vendor 17600 Consulting Services 0 X 33 1410880 average of high low on date gift was received X 1 768360 appraised value 0 0 1 0 Schedule M, Part I, Line 9 The amount listed in column (b) represents the number of contributors. Schedule M, Part I, Line 16 The amount listed in column (b) represents the number of contributors. 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 not-for-profit, education and taxes among other areas of expertise. A 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 copy of the return will be given to all Board members electronically prior to filing. After distribution of the return the Chair of the Finance and Audit Committee of the Board 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. Employees 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. An employee 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 April 2013 to approve the renewal of the President's employment agreement for an additional 5 years 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 about 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 Vice Presidents, Deans and other key Senior Administrators 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 2014, an outside consultant specializing in higher education executive compensation reviewed the salaries of the Vice Presidents and Deans of the College. In cases of faculty salaries the Provost reviews salaries with the Vice President of Human Resources and the President of the College. 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.