2018-02-23T11:24:45-06:00 2017-05-31 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2016-06-01 150532204 Ithaca College % JANET WILLIAMS INTERIM VP ITHA 6072743118 953 DANBY ROAD ITHACA NY 14850 JANET WILLIAMS INTERIM VP FIN & ADMIN 6072743118 2018-02-22 true Scott Thompsett P00741490 2125990100 209.220.136.124 26377520180545000005 2018-02-23 P F49A67012B2BD0B747B3FC8EDB4C5F33AD03E3F0 F49A67012B2BD0B747B3FC8EDB4C5F33AD03E3F0 2016 2021-01-29 14:40:06Z SHIRLEY M COLLADO 953 DANBY ROAD ITHACA NY 14850 653524077 false X WWW.ITHACA.EDU X 1892 NY To provide a foundation for a lifetime of learning, the College is dedicated to fostering intellectual growth, aesthetic appreciation, and character development in our students. 25 21 5407 21 237261 11918471 13413345 341085473 342820417 7457755 7041201 277163 1608970 360738862 364883933 116949108 122189560 0 0 131376055 136325158 0 0 3426067 86784106 88674517 335109269 347189235 25629593 17694698 781142672 825272956 229449408 223217908 551693264 602055048 X TO PROVIDE A FOUNDATION FOR A LIFETIME OF LEARNING, ITHACA COLLEGE IS DEDICATED TO FOSTERING INTELLECTUAL GROWTH, AESTHETIC APPRECIATION, AND CHARACTER DEVELOPMENT IN OUR STUDENTS. THE ITHACA COLLEGE COMMUNITY THRIVES ON THE PRINCIPLES THAT KNOWLEDGE IS ACQUIRED THROUGH DISCIPLINE, COMPETENCE IS ESTABLISHED WHEN KNOWLEDGE IS TEMPERED BY EXPERIENCE, AND CHARACTER IS DEVELOPED WHEN COMPETENCE IS EXERCISED FOR THE BENEFIT OF OTHERS. A COMPREHENSIVE COLLEGE THAT SINCE ITS FOUNDING HAS RECOGNIZED THE VALUE OF COMBINING THEORY AND PERFORMANCE, ITHACA PROVIDES A RIGOROUS EDUCATION BLENDING LIBERAL ARTS AND PROFESSIONAL PROGRAMS OF STUDY. OUR TEACHING AND SCHOLARSHIP ARE MOTIVATED BY THE NEED TO BE INFORMED BY, AND TO CONTRIBUTE TO, THE WORLD'S SCIENTIFIC AND HUMANISTIC ENTERPRISES. LEARNING AT ITHACA EXTENDS BEYOND THE CLASSROOM TO ENCOMPASS A BROAD RANGE OF RESIDENTIAL, PROFESSIONAL, AND EXTRACURRICULAR OPPORTUNITIES. OUR UNDERGRADUATE AND GRADUATE STUDENTS, FACULTY, STAFF, AND ALUMNI ALL CO false false 216309861 121983001 275862281 INSTRUCTION, RESEARCH, AND PUBLIC SERVICE: Ithaca College is a private, nonsectarian, coeducational liberal arts college located in Ithaca, New York. The Princeton Review consistently names the college among the best colleges in the nation, with the 2018 guide ranking the college #3 for theater, #3 for newspaper, and #6 for radio, and is among the top schools producing Fulbright scholarship recipients. In fall 2016, the college enrolled 6,103 full-time and 118 part-time undergraduate students as well as 457 graduate students. Approximately 69% of the undergraduate student body resides in on-campus housing. For the 2016-2017 academic year, the college conferred 1,507 undergraduate and 292 graduate degrees, and employed 523 full-time and 230 part-time and adjunct faculty. The College offers a curriculum with more than 100 degree programs in its five schools. Roy H. Park School of Communications: The School of Communications, recognized as a leading undergraduate communications school, is known for its prominent student-run media vehicles, including: The Ithacan, the Colleges official weekly newspaper; Ithaca College Television; and the WICB radio station. The school also offers the Los Angeles Program, an internship-based program that provides students with professional experience in their chosen field while taking industry-related courses at the James B. Pendleton Center, located minutes from Burbank and Hollywood. School of Business: Accredited by the Association of Advance Collegiate Schools of Business (AACSB), the School of Business offers a rigorous professional education, offering a range of undergraduate programs, concentrations, and minors, as well as graduate level and certificate programs. Students participate in the Professions Program, a professional development curriculum that allows students to develop progressive skills and gain experiences that will prepare them for competitive internships and Careers. School of Music: Tracing its roots to the Colleges founding in 1892 as a conservatory of music, the School of Music provides state-of-the-art facilities, features over 25 ensembles, and presents about 400 performances annually. The school is host to several summer music opportunities to musicians of all ages, including the Summer Music Academy and the Summer Piano Institute. Through the MusIC in the Community Program, the school connects students with the community by creating performance and teaching opportunities in the greater Ithaca area. School of Humanities & Sciences (H&S): A liberal arts education in the School of H&S prepares students for life in a rapidly changing, multicultural, and globally inclusive world. H&S students receive a broad foundational understanding of issues facing the human community. Students build their own integrative and cross-disciplinary version of an H&S education. The Department of Theatre Arts draws students from across the United States and the world, and is accredited by the National Association of Schools of Theatre. School of Health Sciences and Human Performance (HS&HP): The School of HS&HPs students touch peoples lives as clinicians, therapists, researchers, administrators, recreation and sport professionals. HS&HP students choose from more than 1,700 organizations across the nation to engage in internships and fieldwork, and can help clients at one of four on-campus clinics. The school offers a range of undergraduate programs, as well as graduate programs in areas of exercise and sport sciences, health promotion and physical education, occupational therapy, physical therapy, and speech-language pathology and audiology. Students are encouraged to participate in one of the colleges many study abroad opportunities. The college operates the Ithaca College London Center, which is located in the heart of the Royal Borough of Kensington and Chelsea and is among the longest-standing study abroad programs in London. The College provides students opportunities to engage in experiential learning through scholarship, research, and creative performance. Research is funded substantially by private sources and governmental agencies. During the 2016-2017 academic year, faculty members and others engaged in sponsored research received $1.38 million in awards from external funding agencies. 41423821 160134 65190180 AUXILIARY SERVICES: Auxiliary enterprises exist to furnish goods or services to students, faculty, staff, and other institutional departments. Auxiliary enterprises are managed to operate as self-supporting activities. Major auxiliary enterprises at the college include the following: Dining Services, administered by Sodexo, which operates 3 residential and 10 retail dining facilities located throughout the campus, and promotes environmental awareness through a variety of sustainability programs; Conference and Event Services, which provides a full range of meeting and event services to internal and external clients; and the Hammond Health Center, accredited by the Accreditation Association for Ambulatory Health Care, Inc. 27511095 46425 1767956 STUDENT SERVICES: Student services includes expenses incurred for offices of admissions and the registrar, student aid administration, and activities with the primary purpose of contributing to students emotional and physical well-being and intellectual, cultural, and social development outside the context of the formal instruction program. Student services also includes the colleges multitude of athletics programs. The Colleges varsity teams compete at the Division III level of the NCAA. The College is also a member of the Eastern College Athletic Conference, and, beginning July 1, 2017, the Liberty League. Prior to joining the Liberty League, the Ithaca Bombers were charter members of the Empire 8. Intercollegiate sports include baseball, basketball, crew, cross country running, field hockey, football, golf, gymnastics, lacrosse, sculling, soccer, softball, swimming & diving, tennis, track & field, volleyball, and wresting. The College also has a large intramural sports program, in which approximately 20% of students participate, and which offers a variety of sports including soccer, volleyball, flag football, and basketball, in addition to single day events such as tennis tournaments and battleship. The College is also home to more than 60 club sports, many of which compete regularly against other colleges in leagues and tournaments. Student services also includes expenses for the office of student engagement and multicultural affairs, which provides the first-year experience and orientation, and oversees student activities, multicultural events, and student organizations. The Office of Career Services, serving both students and alumni, provides career-related education, experiential learning, professional development, and post-graduate opportunities for the benefit of students and alumni. 21120658 0 306365435 true true false true false false true true false true true true false false true true true false true true true true true false true false false true true true true false false false false false false true false false false true true false false false false false false false true 502 0 true 5407 true true true true UK false false false true true false false false false X 25 21 false false false false false false false true true false false true true true true true true true true false CA X X JANET WILLIAMS INTERIM VP 6072743118 FINANCE ADMIN 953 DANBY RD ITHACA NY 14850 Thomas H Grape Chair, Board of Trustees 1.0 0.0 X X 0 0 0 David H Lissy Vice Chair, Board of Trustees 1.0 0.0 X X 0 0 0 David J Bachrach Trustee 1.0 0.0 X 0 0 0 Michael A Battle Trustee 1.0 0.0 X 0 0 0 Michael J Conover Trustee 1.0 0.0 X 0 0 0 Mark N Dicker Trustee 1.0 0.0 X 0 0 0 Thaddeus J Fortin Trustee 1.0 0.0 X 0 0 0 David A Giannotti Trustee 1.0 0.0 X 0 0 0 Adelaide P Gomer Trustee (thru 5/17) 1.0 0.0 X 0 0 0 Stephen C McCluski Trustee (thru 5/17) 1.0 0.0 X 0 0 0 James W Nolan Jr Trustee 1.0 0.0 X 0 0 0 Kenneth D Pollinger Trustee 1.0 0.0 X 0 0 0 Lisa B Puntillo Trustee 1.0 0.0 X 0 0 0 Arrien L C Schiltkamp Trustee (thru 5/17) 1.0 0.0 X 0 0 0 Douglas M Weisman Trustee 1.0 0.0 X 0 0 0 Mary G Opperman Trustee 1.0 0.0 X 0 0 0 Peter R Taffae Trustee 1.0 0.0 X 0 0 0 Elijah T Greene Trustee, Student 1.0 0.0 X 0 0 0 Thomas R Rochon President 40.0 0.0 X X 941575 0 189332 Sybil M Conrad Trustee, Staff 40.0 0.0 X 56561 0 14772 Julie A Dorsey Trustee, Faculty 40.0 0.0 X 82054 0 21229 Nancy E Pringle non-voting Secretary, Senior VP, GC 40.0 0.0 X X 239301 0 79057 Kurt J Wolfgruber Trustee (thru 5/17) 1.0 0.0 X 0 0 0 Kristin R Muenzen Trustee 1.0 0.0 X 0 0 0 Charles R Hack Trustee 1.0 0.0 X 0 0 0 G Gabrielle Starr Trustee 1.0 0.0 X 0 0 0 Benjamin G Rifkin Provost VP Edu. Affairs (Thru 7/16) 40.0 0.0 X 252066 0 25802 Linda Petrosino Interim VP Educational Affairs & Provost 40.0 0.0 X 203605 0 31485 Christopher M Biehn VP Institutional Advancement 40.0 0.0 X 248274 0 36583 Gerard R Turbide VP Enrollment Management 40.0 0.0 X 167050 0 24688 Gerald L Hector VP Finance & Admin (Thru 7/16) 40.0 0.0 X 174413 0 8823 Janet L Williams Interim VP Finance & Admin. 40.0 0.0 X 149528 0 12512 Brian K Dickens VP Human Resources 40.0 0.0 X 248251 0 10292 Timothy R Carey Asso. Vice President, Facility 40.0 0.0 X 216432 0 19912 Diane M Gayeski Dean, School of Communications 40.0 0.0 X 191295 0 26670 Sean F Reid Dean, School of Business 40.0 0.0 X 306443 0 67633 Jeffrey W Lippitt Associate Professor and Chair 40.0 0.0 X 177319 0 27816 Gwen Seaquist Prof. & Legal Studies Program 40.0 0.0 X 169834 0 24485 Karl T Paulnack Dean, School of Music 40.0 0.0 X 165703 0 28863 Stephen Tropiano Director & Associate Professor 40.0 0.0 X 164274 0 20488 Marie C Blouin Assistant Professor 40.0 0.0 X 164208 0 14613 4318186 0 685055 137 false true false Sodexo Inc Affiliates 100 EARHART DRIVE WILLIAMSVILLE NY 14221 FOOD & FACILITIES 10534237 KIMBLE INC 1004 SULLIVAN STREET ELMIRA NY 14901 MECHANICAL & ROOFING 2699636 WELLIVER MCGUIRE INC 250 NORTH GENESEE STREET MONTOUR FALLS NY 14865 CONSTRUCTION 2474070 IES ABROAD 33 WEST MONROE STREET SUITE 2300 CHICAGO IL 60603 STUDY ABROAD 1880437 ARCHITECTURAL CONCRETE PLUS LLC 69 HILLISTER STREET DUNDEE NY 14837 GENERAL CONSTRUCTION 1822465 57 8200 3393575 10011570 1736777 13413345 TUITION & FEES 900099 272060285 272060285 ROOM & BOARD 721310 63955059 63955059 ANCILLARY STUDENT SERVICES/ACTIVITIES 611710 3801996 3801736 260 STUDENT INSURANCE 900099 1620659 1620659 PARKING SERVICES 900099 617538 617538 764880 268958 495922 342820417 6969637 -58566 7028203 0 51643 51643 69070 0 69070 0 69070 26609 42461 286721217 286649653 71564 71564 71564 25677 8200 7939 17738 17738 0 0 0 2983960 1982552 1001408 1001408 REBATES & REFUNDS 900004 206643 206643 COMMISSIONS 900004 80939 80939 DORMITORY FINES & REPAIR FEES 900004 73621 73621 107908 107908 469111 364883933 342439147 237261 8794180 347371 347371 118599064 118599064 3243125 3243125 0 3744966 834592 2583116 327258 0 101454546 85368233 14255419 1830894 7037557 5788586 1248971 17038371 13485800 2909756 642815 7049718 5798589 1251129 503600 503600 419747 6474 413273 124940 124940 0 0 1095868 1095868 21765443 18628792 3081219 55432 460047 219164 240580 303 7115080 5133419 1695807 285854 8285652 5460957 2767175 57520 0 6526746 6094741 432005 5015946 4329019 542898 144029 0 1189567 435374 692751 61442 7042904 7042904 0 21544723 19860070 1684653 2530888 1694499 836389 REPAIRS & MAINTENANCE 1995809 1450820 544273 716 RECRUITING 865820 340599 524935 286 TAXES, LICENSES, & PERMITS 758419 737675 19840 904 COST OF GOODS SOLD 636739 501972 134767 796579 459996 317969 18614 347189235 306365435 37397733 3426067 31022 31225 12079279 33747004 4538313 4341799 2434552 2630594 0 0 0 0 9650542 9704254 872442 757591 2304616 2366486 632952127 260400460 367246375 372551667 180572736 177755849 200777060 221386487 0 0 0 0 635735 0 781142672 825272956 25849210 30537278 0 0 7770376 7343242 132467183 126773960 0 0 0 0 24685667 23920920 0 0 38676972 34642508 229449408 223217908 X 398286939 437743407 102762497 111310533 50643828 53001108 551693264 602055048 781142672 825272956 X 17694698 29038770 3628316 X false true X true true true X 12079312 12026192 17200714 11918471 13413345 66638034 0 0 12079312 12026192 17200714 11918471 13413345 66638034 14245705 52392329 1940881 1870377 2445427 2588832 7122332 15967849 24615 24615 8035914 7753918 1355228 239685 4592208 21976953 104607451 1606256192 0.50085 0.00000 X Part II, Section C, Line 15 PRIOR YEAR PUBLIC SUPPORT PERCENTAGE: Starting with the year ending May 31, 2017, Ithaca College has elected to use the special rule on Schedule B and complete the public support test on Schedule A, Part II. Since the public support test was not completed in the prior year Form 990, Schedule A, Part II, line 15 is blank. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 6442 6442 false PART II-B, LINE 1, LOBBYING ACTIVITIES: LINE 1I, OTHER ACTIVITIES - THE COLLEGE IS A MEMBER OF ORGANIZATIONS LISTED AS REGISTRANTS ON THE LOBBYING DISCLOSURE ACT DATABASE. LINE 1I REPORTS 25% OF MEMBERSHIP DUES PAID TO THESE ORGANIZATIONS DURING THE COLLEGE'S FISCAL YEAR. X X 2 101.00 1 true 20.00 true 1250000 1250000 X false 267328459 7532678 34451515 1908400 6688733 300715519 288038497 1589083 -11984785 1646352 8667984 267328459 268451287 17276171 12339814 1495075 8533700 288038497 243514286 5730558 27784439 1525211 7052785 268451287 203488681 18178725 29585030 1450009 6288141 243514286 0.69440 0.16930 0.13630 false false 13360791 13360791 519129981 205041948 314088033 2756567 475271 2281296 68612154 36601059 32011095 29092634 18282182 10810452 372551667 HEDGE FUND & ABSOL RETURN FUND 181461859 F PRIVATE EQUITY 16883446 F REAL ESTATE FUNDS 23041182 F 221386487 0 POSTRETIREMENT BENEFIT OBLIGATION 13774684 INTEREST RATE SWAP AGREEMENTS 11848057 US GOVERNMENT GRANTS REFUNDABLE 8178681 CONDITIONAL ASSET RETIREMENT OBLIG. 841086 34642508 X 276656951 29038770 3633816 32672586 243984365 1095868 119803700 120899568 364883933 226295167 1995991 1995991 224299176 1095868 121794191 122890059 347189235 PART II, LINE 9 - how the organization reports conservation easements: THE CONSERVATION EASEMENTS ARE NOT REPORTED ON THE BALANCE SHEET OR IN FOOTNOTES TO THE ORGANIZATION'S FINANCIAL STATEMENTS. THE AMOUNTS ARE CONSIDERED IMMATERIAL. PART III, LINE 4 - description of the organization's collections and how they further its exempt purpose: THE COLLEGES COLLECTION CONSISTS SOLELY OF A SCULPTURE RECEIVED AS A NON-CASH CONTRIBUTION IN DECEMBER 2016. THE SCULPTURE, TITLED "THE DRUMMER", WAS CREATED BY BARRY FLANAGAN, A WELSH SCULPTOR BEST KNOWN FOR HIS BRONZE STATUES OF HARES AND OTHER ANIMALS. MR. FLANAGANS WORK CAN BE FOUND AT THE NATIONAL GALLERY OF ART SCULPTURE GARDEN IN WASHINGTON, DC; AND IN PUBLIC SPACES IN NEW YORK CITY, LONDON, COLOGNE, OKLAHOMA CITY, AND ON COLLEGE CAMPUSES AROUND THE WORLD. THE ADDITION OF THIS SCULPTURE TO OUR CAMPUS LANDSCAPE ELEVATES THE COLLEGES REPUTATION IN THE ART WORLD, AND SERVES AS AN ON-CAMPUS PIECE THAT IS STUDIED BY STUDENTS, ESPECIALLY THOSE IN ART HISTORY AND ART CONSERVATION CLASSES. THIS HELPS SUPPORT THE COLLEGES MISSION TO FOSTER INTELLECTUAL GROWTH, AESTHETIC APPRECIATION, AND CHARACTER DEVELOPMENT IN OUR STUDENTS. PART V, LINE 4 - INTENDED USES OF ENDOWMENT FUNDS: THE INTENDED USE OF THE COLLEGE'S ENDOWMENT FUNDS IS TO PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS, AND TO SUPPORT THE COLLEGE'S EDUCATIONAL PROGRAMS. AMOUNTS REPORTED IN THE COLLEGE'S SCHEDULE D, PART V, ENDOWMENT FUNDS FOR THE YEARS ENDING MAY 31, 2016 AND 2015, HAVE BEEN RE-STATED FROM THE AMOUNTS REPORTED IN THE PRIOR YEAR FORM 990 TO REFLECT AN ADJUSTMENT TO THE ENDOWMENT ACCOUNT BALANCES AS A RESULT OF A CHANGE IN REPORTING METHODOLOGY ON CERTAIN PLEDGES. PART X, LINE 2 - FIN 48 DISCLOSURE: The College follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The College has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it was nexus; and to identify and evaluate other matters that may be considered tax positions. The College has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements for the years ended May 31, 2017 and May 31, 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: POSTRETIREMENT BENEFITS EXPENSE OTHER THAN NET PERIODIC BENEFIT COST $1,033,322 CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENTS $2,600,494 ----------- TOTAL $3,633,816 =========== PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED ON FINANCIALS $121,794,191 FUNDRAISING EXPENSES ($ 7,939) COST OF GOOD SOLD (CAMPUS STORE) ($ 1,982,522) ------------ TOTAL $119,803,700 ============ PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES $7,939 COST OF GOOD SOLD (CAMPUS STORE) $1,982,522 WRITE OFF OF CAPITAL GIFTS & OTHER ADDITIONS $ 5,500 ----------- TOTAL $1,995,991 =========== PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED ON FINANCIALS $121,794,191 true true true true true true true false false false false false false false false true false true PART I, LINE 3 - NONDISCRIMINATORY POLICY: THE COLLEGE'S NONDISCRIMINATORY POLICY APPEARS ON THE COLLEGE'S WEBSITE. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: The College receives assistance from the US Department of Education and the New York State Education Department to fund financial aid programs. The College receives assistance from a variety of other Federal and State agencies to fund research and other grant awards. true Europe (Including Iceland and Greenland) 1 37 Program Services Study Abroad London 1090371 Central America and the Caribbean 9 Program Services Conferences & Research 11131 Central America and the Caribbean 76 Program Services Study Abroad 136033 East Asia and the Pacific 10 Program Services Conferences & Research 23081 East Asia and the Pacific 14 Program Services Study Abroad 6030 East Asia and the Pacific 2 Program Services Recruiting 37715 Europe (Including Iceland and Greenland) 1 Maintaining Offices 2807 Europe (Including Iceland and Greenland) 79 Program Services Conferences & Research 159805 Europe (Including Iceland and Greenland) 34 Program Services Study Abroad 10201 Europe (Including Iceland and Greenland) 2 Program Services Recruiting 8181 Europe (Including Iceland and Greenland) 2 Send Agents to Seminars 1024 North America 137 Program Services Conferences & Research 72444 North America 10 Program Services Study Abroad 3995 North America 2 Program Services Recruiting 1088 North America 1 Send Agents to Seminars 2602 Russia and the Newly Independent States 5 Program Services Conferences & Research 10917 Russia and the Newly Independent States Grantmaking 1076 South America 19 Program Services Conferences & Research 36324 South America 3 Program Services Study Abroad 1703 South Asia 2 Program Services Conferences & Research 3225 Sub-Saharan Africa 4 Program Services Conferences & Research 6317 Sub-Saharan Africa 1 Program Services Study Abroad 1662 Central America & Carribean Grantmaking 12500 East Asia Grantmaking 492964 Europe Grantmaking 2522184 Middle East Grantmaking 40269 South America Grantmaking 56900 South Asia Grantmaking 78927 Sub-Saharan Africa Grantmaking 39381 Central America and the Caribbean Investments 44506348 Europe (Including Iceland and Greenland) Investments 17783 1 421 29 1 450 1578501 47816487 49394988 South Asia Subreceipt of Fed Grants 46427 wire tfr. 1 0 Grant/Scholarship East Asia and the Pacific 40 492964 Wire Tfr. Grant/Scholarship Europe (Including Iceland and Greenland) 243 2522184 Wire Tfr. Grant/Scholarship Middle East and North Africa 3 40269 Wire Tfr. Grant/Scholarship South America 6 56900 Wire Tfr. Grant/Scholarship South Asia 3 32500 Wire Tfr. Grant/Scholarship Sub-Saharan Africa 4 39381 Wire Tfr. Grant/Scholarship Central America and the Caribbean 1 12500 Wire Tfr. true false true true true false PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF ITS GRANTS AND OTHER ASSISTANCE: THE COLLEGE FOLLOWS THE OMB UNIFORM GUIDANCE WITH RESPECT TO MONITORING THE USE OF FUNDS OF SUBRECIPIENTS OF FEDERAL AWARDS. SCHOLARSHIPS GIVEN ARE DEPOSITED INTO THE STUDENT'S ACCOUNT TO BE USED FOR TUITION IN EDUCATIONAL PROGRAM. THE FUNDS EXPENDED FOR TRAVEL AND ATTENDING CONFERENCES ARE ACCOUNTED FOR WHEN TRAVEL REPORTS ARE SUBMITTED TO ITHACA COLLEGE. PART I, LINE 3, COLUMN (F): EXPENDITURES ARE REPORTED ON AN ACCRUAL BASIS ACCORDING TO GAAP, CONSISTENT WITH THE ITHACA COLLEGE METHOD OF ACCOUNTING. PART IV, LINE 4 - Foreign Filing Requirements: ITHACA COLLEGE INVESTS DIRECTLY IN A VARIETY OF ALTERNATIVE INVESTMENTS THAT ARE STRUCTURED AS EITHER FOREIGN CORPORATIONS, FOREIGN LIMITED PARTNERSHIPS OR DOMESTIC LIMITED PARTNERSHIPS. THE LIMITED PARTNERSHIP INVESTMENTS MAY, IN TURN, OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. TO THE EXTENT THAT ITHACA COLLEGE IS REQUIRED TO COMPLETE A FORM 926, 5471, 8621 OR 8865 BECAUSE ITS INVESTMENT EXCEEDS THE FILING THRESHOLD, THOSE FORMS HAVE BEEN ATTACHED TO THE ORGANIZATION'S FORM 990-T FILING. GOLF OUTING 33877 8200 25677 136 7803 0 33877 8200 25677 136 7803 7939 17738 true Hillel of Ithaca College 953 Danby Rd Muller Chpl Ithaca NY 14850 521758795 501(c)(3) 85711 Annual operating payment of $53,378 plus contributions received & remitted by Ithaca College. UC Fellowship Protestant Comm at Ithaca 953 Danby Rd Muller Chpl Ithaca NY 14850 150625200 501(c)(3) 61234 Annual operating payment of $53,378 plus contribut Ithaca College Newman Foundation 953 Danby Rd Muller Chpl Ithaca NY 14850 161188280 501(c)(3) 59614 Annual operating payment of $53,378 plus contribut National Merit Scholarship Corporation 1560 Sherman Ave No 200 Evanston IL 60201 362307745 501(c)(3) 20000 Annual remittance to merit scholarship program. Tompkins County Area Development 401 E State St Suite 402B Ithaca NY 14850 166058339 501(c)(6) 15000 Support local economy Cornell University 341 Pine Tree Rd Ithaca NY 14850 150532082 501(c)(3) 50000 Rev Ithaca startup works Planetary Science Institute 1700 E Ft LowellSte 106 Tusconn Tuscon AZ 85719 330175263 501(c)(3) 49387 Payment to Fed grant subrecipient 6 1 Scholarships 5754 118566993 Scholarships awarded to employees 9 10500 Federal grant subawards 2 21571 PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS TO ORGANIZATIONS IN THE UNITED STATES: THE PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS TO ORGANIZATIONS IN THE UNITED STATES VARY BASED ON THE NATURE OF THE AGREEMENT WITH THE GRANTEE. ORGANIZATIONS OPERATING OUT OF THE MULLER CHAPEL (HILLEL, PROTESTANT COMMUNITY, AND NEWMAN FOUNDATION) ARE SUBJECT TO OVERSIGHT BY COLLEGE EMPLOYEES. FOR GRANTS TO THE NATIONAL MERIT SCHOLARSHIP CORPORATION, TOMPKINS COUNTY AREA DEVELOPMENT, AND CORNELL UNIVERSITY, THE COLLEGE RELEGATES RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS TO INDIVIDUALS WITHIN THOSE ORGANIZATIONS. THE COLLEGE FOLLOWS THE OMB UNIFORM GUIDANCE WITH RESPECT TO MONITORING THE USE OF FUNDS OF SUBRECIPIENTS OF FEDERAL AWARDS (PLANETARY SCIENCE INSTITUTE). STUDENTS MUST MEET THE CRITERIA SPECIFIED IN THE SCHOLARSHIP PROGRAM IN ORDER TO RECEIVE THE SCHOLARSHIP. FOR ONGOING SCHOLARSHIPS, STUDENTS MUST CONTINUE TO MEET THE CRITERIA IN ORDER TO BE AWARDED A SCHOLARSHIP IN SUBSEQUENT YEARS. PART II, LINE 1, COLUMN (H) - PURPOSE OF GRANT OR ASSISTANCE: HILLEL OF ITHACA COLLEGE - ANNUAL OPERATING PAYMENT OF $53,378 PLUS CONTRIBUTIONS RECEIVED & REMITTED BY ITHACA COLLEGE. UNITED CHRISTIAN FELLOWSHIP PROTESTANT COMMUNITY AT ITHACA COLLEGE - ANNUAL OPERATING PAYMENT OF $53,378 PLUS CONTRIBUTIONS RECEIVED & REMITTED BY ITHACA COLLEGE. ITHACA COLLEGE NEWMAN FOUNDATION - ANNUAL OPERATING PAYMENT OF $53,378 PLUS CONTRIBUTIONS RECEIVED & REMITTED BY ITHACA COLLEGE. X true true X X X false true false false false false false true false Thomas R Rochon President 392220 0 0 0 549355 0 121980 0 67352 0 1130907 0 441424 0 Nancy E Pringle non-voting Secretary, Senior VP, GC 223729 0 365 0 15207 0 20905 0 58152 0 318358 0 0 0 Benjamin G Rifkin Provost VP Edu. Affairs (Thru 7/16) 234480 0 0 0 17586 0 22050 0 3752 0 277868 0 0 0 Linda Petrosino Interim VP Educational Affairs & Provost 203605 0 0 0 0 0 18764 0 12721 0 235090 0 0 0 Christopher M Biehn VP Institutional Advancement 248274 0 0 0 0 0 22050 0 14533 0 284857 0 0 0 Gerard R Turbide VP Enrollment Management 166700 0 350 0 0 0 15075 0 9613 0 191738 0 0 0 Gerald L Hector VP Finance & Admin (Thru 7/16) 141012 0 0 0 33401 0 0 0 8823 0 183236 0 0 0 Janet L Williams Interim VP Finance & Admin. 139528 0 10000 0 0 0 12407 0 105 0 162040 0 0 0 Brian K Dickens VP Human Resources 118251 0 130000 0 0 0 875 0 9417 0 258543 0 0 0 Timothy R Carey Asso. Vice President, Facility 211410 0 0 0 5022 0 18889 0 1023 0 236344 0 0 0 Diane M Gayeski Dean, School of Communications 191295 0 0 0 0 0 17350 0 9320 0 217965 0 0 0 Sean F Reid Dean, School of Business 306443 0 0 0 0 0 28191 0 39442 0 374076 0 0 0 Jeffrey W Lippitt Associate Professor and Chair 165394 0 0 0 11925 0 15307 0 12509 0 205135 0 0 0 Gwen Seaquist Prof. & Legal Studies Program 135170 0 0 0 34664 0 12538 0 11947 0 194319 0 0 0 Karl T Paulnack Dean, School of Music 165703 0 0 0 0 0 15295 0 13568 0 194566 0 0 0 Stephen Tropiano Director & Associate Professor 122572 0 0 0 41702 0 11168 0 9320 0 184762 0 0 0 Marie C Blouin Assistant Professor 156408 0 0 0 7800 0 13912 0 701 0 178821 0 0 0 PART I, LINE 1A, Housing Allowance: HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE PRESIDENT RECEIVES HOUSING PROVIDED BY THE COLLEGE. THE ESTIMATED VALUE OF THIS NONTAXABLE BENEFIT IS $40,300 AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN (D). PART I, LINE 4B, SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: THE PRESIDENT RECEIVES ACCRUALS OF ANNUAL CONTRIBUTIONS TO A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THE VALUE OF THE CONTRIBUTION WAS $98,419 FOR THE 2016 CALENDAR YEAR, AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN C. IN DECEMBER 2016 THE PRESIDENT RECEIVED A DISTRIBUTION FROM THE 457(F) PLAN TOTALING $525,835; THE DISTRIBUTION IS REPORTED IN SCHEDULE J, COLUMN (B)(III). THIS DISTRIBUTION IS COMPRISED OF PRIOR YEARS' CUMULATIVE PAYMENTS TO THE 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THESE PRIOR YEAR PAYMENTS WERE REPORTED ON FORM 990 FOR THE YEARS ENDING MAY 31, 2012 THROUGH MAY 31, 2016 IN SCHEDULE J, COLUMN C and in the current year in Schedule J, Part II, Column (f). PART I, LINE 7, NON-FIXED PAYMENTS: IN ACCORDANCE WITH THE COLLEGE'S COMPENSATION POLICIES, EMPLOYEES WHO HAVE MADE SPECIFIC AND SIGNIFICANT ACCOMPLISHMENTS AND WHO HAVE PERFORMED WELL IN SUPPORT OF A PROJECT OR INITIATIVE DURING THE YEAR MAY BE RECOGNIZED WITH A ONE-TIME MERIT PAYMENT. THESE PAYMENTS ARE REPORTED ON SCHEDULE J, PART II, COLUMN (B)(II). Bonuses reported for Interim VP of Finance, Janet Williams, and VP of Human Resources, Brian Dickens, are fixed contractual bonuses. A Tompkins County Industrial Development Agency 161214039 890099CQ5 2004-11-10 31100000 Construction & Renovation false false false B Tompkins County Development Corporation 272290745 890096AT7 2011-04-07 25869342 ACQUISITION, CONSTRUCTION & Refurb false false false C Tompkins County Industrial Development Agency 161214039 890099CZ5 2013-12-09 40290000 REISSUANCE OF SERIES 2005B false false false D Tompkins County Development Corporation 272290745 890096CC2 2015-09-24 49150749 REFIN OF REISSUED SER. 2007 & 2008 false false false A 8025000 0 32424139 0 0 0 343050 412183 0 31325726 343180 0 2007 false false true true B 2410000 0 25871026 0 0 0 419663 257657 0 24993584 200122 0 2012 false false true true C 4225000 0 40290000 0 0 0 0 0 0 0 40290000 0 true false true true D 2545000 0 49150749 0 0 0 528070 0 0 0 48618311 4368 true false true true A false true false false 0 0.00100 0.00100 false false false true B false false true true false 0.00200 0.00200 false false false true C 0 D false true true true false 0.00000 0.00000 0.00000 false false false true A false false false true true true UBS AG 30. false false false 0 false true B false false false true false false 0 false 0 false true C false true true false true true BANK OF AMERICA NA 12.6 false false false 0 false true D false true false false false false 0 false 0 false true A true B true C true D true COLUMN A, COLUMN B, COLUMN C, COLUMN D: THE DIFFERENCE BETWEEN PART I (E) AND PART II, LINE 3 IS DUE TO INTEREST EARNINGS ON BOND PROCEEDS. COLUMN C, PART I (F): THE ORIGINAL SERIES 2005 BONDS WERE ISSUED ON SEPTEMBER 29, 2005. COLUMN D, PART I (F): PROCEEDS OF THE BONDS WERE ISSUED TO CURRENTLY REFUND THE BORROWER'S OUTSTANDING REISSUED SERIES 2007 BONDS (ISSUED 08/20/2009) AND REISSUED SERIES 2008 BONDS (ISSUED 09/17/2009) (COLLECTIVELY, THE "PRIOR BONDS"). COLUMN B, PART II, LINE 11: THIS AMOUNT INCLUDES STATE AND ISSUER ADMINISTRATIVE FEES. COLUMN C, PART II, LINE 13: SINCE PROCEEDS OF THE BONDS WERE USED FOR CURRENT REFUNDING PURPOSES, THE YEAR OF SUBSTANTIAL COMPLETION IS NOT APPLICABLE. COLUMN D, PART II, LINE 13: SINCE THE BONDS WERE ISSUED FOR THE PURPOSE OF REFUNDING PRIOR BONDS, A SUBSTANTIAL DATE OF COMPLETION IS NOT APPLICABLE TO THE BOND ISSUE. COLUMN C, PART III: Because proceeds of the Reissued Series 2005 Bonds were used to refund bonds issued before January 1, 2003, the Issuer has not completed Part III with respect to the Bonds. COLUMN A, COLUMN B, COLUMN D, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN C, PART IV, LINE 2: THE 5TH BOND YEAR HAS NOT OCCURRED, AND THUS NO REBATE COULD BE DUE. THE BONDS CONSIST OF A CURRENT REFUNDING, WHICH HAS MET AN EXCEPTION TO THE REBATE REQUIREMENT. NO REBATE CALCULATION HAS BEEN OR WILL EVER BE MADE, BEFORE OR AFTER THE DUE DATE OF AN 8038-T. COLUMN A, PART IV, LINE 2(B): PROCEEDS OF THE BONDS WERE EXPENDED AS OF THE LAST REBATE COMPUTATION DATE. TO THE EXTENT THAT NO FURTHER PROCEEDS ARISE WHICH BECOME ALLOCABLE TO THE BONDS, NO FURTHER CALCULATIONS OF REBATE LIABILITY ARE NECESSARY. COLUMN A, PART IV LINE 2(C): THE REBATE COMPUTATION WAS PERFORMED ON NOVEMBER 10, 2009. BECAUSE ALL PROCEEDS OF THE BONDS WERE EXPENDED AS OF THAT DATE AND NO FURTHER PROCEEDS HAVE SINCE ARISEN, NO FURTHER REBATE COMPUTATION HAS BEEN PERFORMED. COLUMN B, PART IV, LINE 2(C): THE FIFTH YEAR REBATE WAS PERFORMED AS OF APRIL 7, 2016, AND DATED APRIL 20, 2016. 0 68685 TUITION REMISSION Education/Tuition 20913 SCHOLARSHIPS Education/Tuition X 1 1250000 EXPERT OPINION X 29 446650 FAIR MARKET VALUE X Musical Instruments 3 20700 EXPERT OPINION X Camera Equipment 1 18988 EXPERT OPINION X Supplies 4 439 COMPARABLE SALES 1 false true false PART I, LINE 25, COLUMN (B): THE COLLEGE IS REPORTING THE NUMBER OF ITEMS RECEIVED. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: ITHACA COLLEGE IS A FULLY ACCREDITED, COEDUCATIONAL, NONDENOMINATIONAL INSTITUTION OFFERING A BROADLY DIVERSIFIED PROGRAM OF PROFESSIONAL AND LIBERAL ARTS STUDIES. THE COLLEGE SEEKS DIVERSITY IN ITS STUDENT BODY AND ADMITS APPLICANTS ON THE BASIS OF INDIVIDUAL QUALIFICATIONS, WITHOUT REGARD TO RACE, CREED, OR NATIONAL ORIGIN. FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: ACADEMIC SUPPORT: Academic support includes expenses incurred to provide support services for the colleges primary program service of instruction, research, and public service. It includes the following activities: The retention, preservation, and display of educational materials at the Ithaca College Library, the Handwerker Gallery, and other gallery spaces; information technology services deployed at the college, particularly services within the themes of campus engagement and teaching & learning; academic administration and personnel providing administrative support and management direction to the primary program service; and separately budgeted support for course and curriculum development. FORM 990, PART VI, SECTION B, LINE 11, FORM 990 REVIEW PROCESS: THE COLLEGE'S DEPARTMENT OF FINANCIAL SERVICES COMPILES THE UNDERLYING RECORDS AND PREPARES SUPPORTING SCHEDULES USED IN THE PREPARATION OF THE FORM 990. THE COLLEGE USES AN EXTERNAL TAX SERVICE PROVIDER TO PREPARE AND REVIEW THE FORM 990. THE INTERIM VICE PRESIDENT OF FINANCE AND ADMINISTRATION AND OTHER KNOWLEDGEABLE PERSONS REVIEW THE FORM 990 PRIOR TO SUBMITTING THE FORM 990 TO THE BOARD OF TRUSTEES FOR REVIEW. THE TRUSTEES REVIEW THE FORM 990 PRIOR TO THE BOARD OF TRUSTEES MEETING HELD IN THE SPRING. DURING THE SPRING BOARD MEETING, THE AUDIT COMMITTEE ENGAGES IN AN ADDITIONAL REVIEW OF THE FORM 990 WITH THE EXTERNAL TAX SERVICE PROVIDER AND PERSONS FROM THE COLLEGE'S DEPARTMENT OF FINANCIAL SERVICES. THE AUDIT COMMITTEE VOTES TO APPROVE THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C, CONFLICT OF INTEREST POLICY: ALL TRUSTEES AND SENIOR MANAGEMENT COMPLETE ANNUAL CONFLICT OF INTEREST FORMS. THE FORMS ARE SUBMITTED TO THE SECRETARY OF THE BOARD AND ALL DISCLOSED CONFLICTS ARE FORWARDED TO THE CHAIR OF THE AUDIT COMMITTEE FOR REVIEW AND ON-GOING MONITORING. FORM 990, PART VI, SECTION B, LINE 15, PROCESS FOR DETERMINING EXECUTIVE COMPENSATION: A. FOR TOP MANAGEMENT OFFICIALS - THE BOARD OF TRUSTEES SUB-COMMITTEE ON COMPENSATION ANNUALLY COLLECTS COMPARABILITY DATA TO BE USED IN ESTABLISHING PRESIDENTIAL COMPENSATION. THIS DATA IS GATHERED USING THE ASSISTANCE OF NON-INTERESTED PARTIES INCLUDING EXTERNAL CONSULTANTS AND THE COLLEGE'S OFFICE OF HUMAN RESOURCES. THE SUB-COMMITTEE ON COMPENSATION MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE, WHICH HAS AUTHORITY TO APPROVE THE RECOMMENDATION. THE EXECUTIVE COMMITTEE REPORTS TO THE FULL BOARD THE DETAILS OF THE REVIEW AND COMPENSATION. B. FOR OTHER OFFICERS AND KEY EMPLOYEES - HUMAN RESOURCES OBTAINS COMPARABILITY DATA ON COMPENSATION WHICH IS SHARED WITH THE PRESIDENT. THE DATA IS REVIEWED AND THE COMPENSATION COMMITTEE IS INFORMED OF THE DECISIONS. THE PRESIDENT ANNUALLY REVIEWS THE COMPENSATION POLICIES OF THE COLLEGE RELATED TO SENIOR OFFICERS. FORM 990, PART VI, SECTION C, LINE 19, MAKING ORGANIZATIONAL DOCUMENTS AVAILABLE TO THE PUBLIC: THE PUBLIC MAY ACCESS THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS BY VISITING THE COLLEGE'S WEBSITE OR BY CONTACTING THE OFFICE OF THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION AT THE CONTACT INFORMATION DISCLOSED IN PART VI SECTION C LINE 20. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: POSTRETIREMENT BENEFITS EXPENSE OTHER THAN NET PERIODIC BENEFIT COST $1,033,322 CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENTS $2,600,494 WRITE OFF OF CAPITAL GIFTS & OTHER ADDITIONS ($5,500) ----------- TOTAL $3,628,316 ===========