CITY UNIVERSITY CONSTRUCTION FUND: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- CITY UNIVERSITY CONSTRUCTION FUND (EIN 13-2587538)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-03-13
- IRS object ID
- 201800729349300105
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-03-13T08:22:29-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'Connor Davies LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 665 Fifth Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132587538 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITY UNIVERSITY CONSTRUCTION FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CITY | BusinessNameControlTxt |
| Phone | 6466642635 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 WEST 57TH STREET No 16 FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John Antonelli | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Phone | 6466642635 | PhoneNum |
| Signature | 2018-03-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Garrett M Higgins | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2018-02-27 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 65.51.112.58 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-03-13 | IPDt |
| IP Tm | 08:22:27 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | EABB674C3E6C355F7E1537161DFD3A2F2A375A93 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | A3EB9A663B166A7F172762214481AEBFA8C1AD13 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Judith Bergtraum | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 WEST 57TH STREET No 16 FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,697,831,927 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | web.cuny.edu/administration/cb/construction-f | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1966 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | The mission of CUCF is to manage the resources necessary for the design and construction of space required to support the educational mandate of The City University of New York. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 7 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,766,702,377 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,697,783,507 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $30,931 | PYInvestmentIncomeAmt |
| CY Investment Income | $38,903 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $9,517 | CYOtherRevenueAmt |
| PY Total Revenue | $1,766,733,308 | PYTotalRevenueAmt |
| CY Total Revenue | $1,697,831,927 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,766,702,377 | PYOtherExpensesAmt |
| CY Other Expenses | $1,697,783,507 | CYOtherExpensesAmt |
| PY Total Expenses | $1,766,702,377 | PYTotalExpensesAmt |
| CY Total Expenses | $1,697,783,507 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $30,931 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $48,420 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $65,226,186 | TotalAssetsBOYAmt |
| Total Assets EOY | $75,325,409 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $52,717,112 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $62,790,561 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,509,074 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $12,534,848 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CITY UNIVERSITY CONSTRUCTION FUND ("CUCF"), IS A CORPORATE GOVERNMENTAL AGENCY CONSTITUTING A PUBLIC BENEFIT CORPORATION. CUCF WAS CREATED ON JULY 5, 1966, BY THE STATE OF NEW YORK, PURSUANT TO ARTICLE 125-B OF THE EDUCATION LAW. THE PURPOSE OF CUCF, AS DEFINED IN THE LEGISLATION, IS: (A) TO PROVIDE FACILITIES FOR BOTH SENIOR COLLEGES AND COMMUNITY COLLEGES OF THE CITY UNIVERSITY OF NEW YORK ("CUNY") AND (B) TO SUPPORT THE EDUCATIONAL PURPOSES OF CUNY | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,357,910,490 | ExpenseAmt |
| Desc | Tuition & Fees:City University Construction Fund receives cash transfers from tuition and fees collected from the various senior and community colleges in New York City, and remits the funds to the City. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $192,949,672 | ExpenseAmt |
| Desc | Appropriations:The organization receives appropriations from the State of New York and the City of New York, which are used for the reimbursement of operating expenses and debt service payments to the Dormitory Authority of New York (DASNY.) DASNY has issued bonds, the proceeds of which are used to support CUNY'S capital program. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $146,923,345 | ExpenseAmt |
| Desc | Project Funds:Effective January 1, 2013, funds for all CUCF managed projects are remitted to CUCF by DASNY and other various sources, and are then disbursed by CUCF to contractors responsible for construction of facilities at both senior colleges and community colleges. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,697,783,507 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | 0 | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN ANTONELLI Daniel Rothbaum | PersonNm |
| Phone | 6466642601 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 WEST 57TH STREET 16TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Philip Berry | ||||||||
| Acting Chairman | 0.10 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Guillermo Linares | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Marcella Maxwell | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Robert Mujica | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Brian Obergfell | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Bill Thompson | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Michael Walsh | ||||||||
| Trustee | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| John Antonelli | ||||||||
| executive Director | 35.00 | Yes (X) | $160,000 | $0 | $0 | |||
| JudITH Bergtraum | ||||||||
| VICE CHANCELLOR | 35.00 | Yes (X) | $215,586 | $0 | $0 | |||
| Daniel Rothbaum | ||||||||
| Controller | 35.00 | Yes (X) | $125,000 | $0 | $0 | |||
| Vincent Green | ||||||||
| Director, Vendor Integrity | 35.00 | $150,577 | $0 | $0 | Yes (X) | |||
| Robert Lemieux | ||||||||
| Executive Director, DDCM | 35.00 | $213,200 | $0 | $0 | Yes (X) | |||
| Meghan Moore-Wilk | ||||||||
| Director, space Planning | 35.00 | $152,969 | $0 | $0 | Yes (X) | |||
| Gustavo Ordonez | ||||||||
| Chief of Staff | 35.00 | $164,370 | $0 | $0 | Yes (X) | |||
| Gwen Perlman | ||||||||
| Director, Capital Budget | 35.00 | $166,840 | $0 | $0 | Yes (X) | |||
| Frederick P Schaffer ESQ | ||||||||
| Counsel THRU 12/2016 | 35.00 | $265,703 | $0 | $0 | Yes (X) | |||
| Howard Altschuler | ||||||||
| Financial Management | 35.00 | $168,000 | $0 | $0 | Yes (X) | |||
| Jay Goldstein | ||||||||
| Director | 35.00 | $160,000 | $0 | $0 | Yes (X) | |||
| Ali Vedavez | ||||||||
| Architecture Director | 35.00 | $136,500 | $0 | $0 | Yes (X) | |||
| Gary Vernick | ||||||||
| Sr. Director IT | 35.00 | $135,440 | $0 | $0 | Yes (X) | |||
| Jeffrey Weinstein | ||||||||
| Director, Procurement ServICES | 35.00 | $136,500 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,350,685 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FJ SCIAME CONSTRUCTION CO INC | |||||
| 14 WALL STREET | NEW YORK | NY | 10005 | Construction | $69,943,232 |
| HILL INTERNATIONAL | |||||
| 1220 5TH AVENUE | NEW YORK | NY | 10029 | Project Management | $16,898,528 |
| STV Construction Inc | |||||
| 225 Park Avenue South | New YORK | NY | 10003 | Construction services | $15,222,861 |
| Johnson Controls Inc | |||||
| 5757 N Green Bay Ave | Milwaukee | WI | 53201 | Construction technology | $4,475,193 |
| BVK 55 WEST 125TH STREET LLC | |||||
| 55 WEST 125TH STREET FLOOR 10 | NEW YORK | NY | 10027 | CONSTRUCTION SERvices | $3,833,334 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 43 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,697,783,507 | GovernmentGrantsAmt |
| Total Contributions | $1,697,783,507 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,903 | TotalRevenueColumnAmt |
| Exclusion | $38,903 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 999999 | BusinessCd |
| Total Revenue Column | $9,517 | TotalRevenueColumnAmt |
| Exclusion | $9,517 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $9,517 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,697,831,927 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $48,420 | ExclusionAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| REFUND/TUITIONS & FEES | $1,357,910,490 | $1,357,910,490 |
| RENTAL PAYMENTS | $192,949,672 | $192,949,672 |
| Project Funds Payments | $146,923,345 | $146,923,345 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,697,783,507 | TotalAmt |
| Program Services | $1,697,783,507 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,485,100 | BOYAmt |
| EOY | $32,952,973 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,431,442 | BOYAmt |
| EOY | $5,458,970 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,292,571 | BOYAmt |
| EOY | $36,885,559 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $732,179 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $732,179 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,073 | BOYAmt |
| EOY | $27,907 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,226,186 | BOYAmt |
| EOY | $75,325,409 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $501,660 | BOYAmt |
| EOY | $527,265 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,215,452 | BOYAmt |
| EOY | $62,263,296 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,717,112 | BOYAmt |
| EOY | $62,790,561 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,509,074 | BOYAmt |
| EOY | $12,534,848 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,509,074 | BOYAmt |
| EOY | $12,534,848 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,226,186 | BOYAmt |
| EOY | $75,325,409 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $48,420 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$22,646 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,529,920,704 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,614,187,723 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,691,203,405 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,766,702,377 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,697,783,507 | CurrentTaxYearAmt |
| Total | $8,299,797,716 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,529,920,704 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,614,187,723 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,691,203,405 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,766,702,377 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,697,783,507 | CurrentTaxYearAmt |
| Total | $8,299,797,716 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $8,299,797,716 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,009 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $7,691 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $30,931 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $38,903 | CurrentTaxYearAmt |
| Total | $91,534 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $9,517 | CurrentTaxYearAmt |
| Total | $9,517 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $8,299,898,767 | TotalSupportAmt |
| Public Support CY170 | 1.00000 | PublicSupportCY170Pct |
| Public Support PY170 | 1.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $693,988 | OtherCostOrOtherBasisAmt |
| Depreciation | $693,988 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $38,191 | OtherCostOrOtherBasisAmt |
| Depreciation | $38,191 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO CUNY | $2,040,929 |
| due to the city of new york | $11,283,692 |
| contracts payable | $36,675,651 |
| PROJECT ADVANCES | $12,263,024 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $62,263,296 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,697,831,927 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,697,831,927 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,697,831,927 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,697,806,153 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $22,646 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $22,646 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,697,783,507 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,697,783,507 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X, Line 2: | U.S. GAAP requires evaluation of tax positions taken by an entity and recognition of a liability in the financial statements if the entity has taken uncertain tax positions that more-likely-than-not would not be sustained upon examination by taxing authorities. As of June 30, 2017, CUCF has determined that it has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Tax returns for all years since the fiscal year ended 2014 remain open to examination by the respective taxing authorities. There are currently no tax examinations in progress. |
| Part XII, Line 2d - Other Adjustments: | Transfers to CUNY 22,646. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| John Antonelli | ||||||||||||||
| executive Director | $160,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $160,000 | $0 | $0 | $0 |
| JudITH Bergtraum | ||||||||||||||
| VICE CHANCELLOR | $215,586 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $215,586 | $0 | $0 | $0 |
| Vincent Green | ||||||||||||||
| Director, Vendor Integrity | $150,577 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $150,577 | $0 | $0 | $0 |
| Robert Lemieux | ||||||||||||||
| Executive Director, DDCM | $213,200 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $213,200 | $0 | $0 | $0 |
| Meghan Moore-Wilk | ||||||||||||||
| Director, space Planning | $152,969 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $152,969 | $0 | $0 | $0 |
| Gustavo Ordonez | ||||||||||||||
| Chief of Staff | $164,370 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $164,370 | $0 | $0 | $0 |
| Gwen Perlman | ||||||||||||||
| Director, Capital Budget | $166,840 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $166,840 | $0 | $0 | $0 |
| Frederick P Schaffer ESQ | ||||||||||||||
| Counsel THRU 12/2016 | $265,703 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $265,703 | $0 | $0 | $0 |
| Howard Altschuler | ||||||||||||||
| Financial Management | $168,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $168,000 | $0 | $0 | $0 |
| Jay Goldstein | ||||||||||||||
| Director | $160,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $160,000 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | form 990, part vii, line 5: | FormAndLineReferenceDesc |
| Explanation | the individuals listed on Form 990, Part VII, section A received or accrued compensation from unrelated organizations for services performed for the reporting organization. Reported in Form 990, Part VII, column (D) are the individual's Form W-2 compensation. The individuals who received compensation paid by the City University of New York or The Research Foundation of CUNY, unrelated organizations, are: John Antonelli Executive Director $160,000 Paid by The Research Foundation of CUNY Judy Bergtraum Vice Chancellor $215,586 Paid by The Research Foundation of CUNY and City University of New York Daniel Rothbaum Controller $125,000 Paid by The Research Foundation of CUNY Vincent Green Director, Vendor Integrity $150,577 Paid by The Research Foundation of CUNY Robert Lemieux Executive Director, DDCM $213,200 Paid by the City University of New York Meghan Moore-Wilk Director, space Planning $152,969 Paid by the City University of New York Gustavo Ordonez Chief of Staff $164,370 Paid by the Research Foundation of CUNY Gwen Perlman Director, Capital Budget $166,840 Paid by the City University of New York Frederick P. Schaffer, ESQ. Counsel $265,703 Paid by the City University of New York Howard Altschuler Financial Management $168,000 Paid by The Research Foundation of CUNY Jay Goldstein Director $160,000 Paid by The Research Foundation of CUNY Ali Vedavez Architecture Director $136,500 Paid by the City University of New York Gary Vernick Sr. Director IT $135,440 Paid by The Research Foundation of CUNY Jeffrey Weinstein Director, Procurement Services $136,500 Paid by The Research Foundation of CUNY | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | The Form 990 is reviewed internally by management, specifically by the Controller. The Controller discusses the Form 990 with the Executive Director prior to filing with the IRS. |
| Form 990, Part VI, Section B, line 12 | All CUCF employees are employed by the Research Foundation of CUNY/City University of New York (CUNY) and are bound by the policies of the university. CUCF enforces the conflict of interest policy established by CUNY. The policy requires trustees and employees to disclose any actual or potential conflict of interest with the governing board on an annual basis. |
| Form 990, Part VI, Section B, line 15 | The officers, key employees, and highest compensated employees of the City University Construction Fund are employees of the Research Foundation of CUNY/City University of New York. Although these individuals are not trustees of the CUCF Board, they each are participants of the CUCF Board meetings and their services affect the contributions of CUCF as a whole. |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 IS ALSO AVAILABLE AT "GUIDESTAR.COM" |
| Form 990, Part XI, line 9: | Transfers from (to) CUNY -22,646. |
| Form 990, Part XII, Line 2c: | The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year. |