2018-03-13T08:22:29-05:00 2017-06-30 271728945 PKF O'Connor Davies LLP 665 Fifth Avenue New York NY 10022 990 2016-07-01 132587538 CITY UNIVERSITY CONSTRUCTION FUND CITY 6466642635 555 WEST 57TH STREET No 16 FL NEW YORK NY 10019 John Antonelli Executive Director 6466642635 2018-03-13 1 Garrett M Higgins P00543209 2122862600 2018-02-27 65.51.112.58 2018-03-13 08:22:27 ED P EABB674C3E6C355F7E1537161DFD3A2F2A375A93 A3EB9A663B166A7F172762214481AEBFA8C1AD13 2016 2021-01-29 14:40:06Z Judith Bergtraum 555 WEST 57TH STREET No 16 FL NEW YORK NY 10019 1697831927 0 X web.cuny.edu/administration/cb/construction-f X 1966 NY 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. 7 7 0 7 0 0 1766702377 1697783507 0 0 30931 38903 0 9517 1766733308 1697831927 0 0 0 0 0 0 0 0 0 1766702377 1697783507 1766702377 1697783507 30931 48420 65226186 75325409 52717112 62790561 12509074 12534848 X 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 0 0 1357910490 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. 192949672 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. 146923345 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. 1697783507 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 NY X X JOHN ANTONELLI Daniel Rothbaum 6466642601 555 WEST 57TH STREET 16TH FL NEW YORK NY 10019 Philip Berry Acting Chairman 0.10 X X 0 0 0 Guillermo Linares Trustee 0.10 X 0 0 0 Marcella Maxwell Trustee 0.10 X 0 0 0 Robert Mujica Trustee 0.10 X 0 0 0 Brian Obergfell Trustee 0.10 X 0 0 0 Bill Thompson Trustee 0.10 X 0 0 0 Michael Walsh Trustee 0.10 X 0 0 0 John Antonelli executive Director 35.00 X 160000 0 0 JudITH Bergtraum VICE CHANCELLOR 35.00 X 215586 0 0 Daniel Rothbaum Controller 35.00 X 125000 0 0 Vincent Green Director, Vendor Integrity 35.00 X 150577 0 0 Robert Lemieux Executive Director, DDCM 35.00 X 213200 0 0 Meghan Moore-Wilk Director, space Planning 35.00 X 152969 0 0 Gustavo Ordonez Chief of Staff 35.00 X 164370 0 0 Gwen Perlman Director, Capital Budget 35.00 X 166840 0 0 Frederick P Schaffer ESQ Counsel THRU 12/2016 35.00 X 265703 0 0 Howard Altschuler Financial Management 35.00 X 168000 0 0 Jay Goldstein Director 35.00 X 160000 0 0 Ali Vedavez Architecture Director 35.00 X 136500 0 0 Gary Vernick Sr. Director IT 35.00 X 135440 0 0 Jeffrey Weinstein Director, Procurement ServICES 35.00 X 136500 0 0 2350685 0 0 14 0 1 1 FJ SCIAME CONSTRUCTION CO INC 14 WALL STREET NEW YORK NY 10005 Construction 69943232 HILL INTERNATIONAL 1220 5TH AVENUE NEW YORK NY 10029 Project Management 16898528 STV Construction Inc 225 Park Avenue South New YORK NY 10003 Construction services 15222861 Johnson Controls Inc 5757 N Green Bay Ave Milwaukee WI 53201 Construction technology 4475193 BVK 55 WEST 125TH STREET LLC 55 WEST 125TH STREET FLOOR 10 NEW YORK NY 10027 CONSTRUCTION SERvices 3833334 43 1697783507 1697783507 38903 38903 OTHER INCOME 999999 9517 9517 9517 1697831927 0 0 48420 REFUND/TUITIONS & FEES 1357910490 1357910490 RENTAL PAYMENTS 192949672 192949672 Project Funds Payments 146923345 146923345 1697783507 1697783507 0 0 23485100 32952973 5431442 5458970 36292571 36885559 732179 732179 0 0 17073 27907 65226186 75325409 501660 527265 52215452 62263296 52717112 62790561 X 12509074 12534848 12509074 12534848 65226186 75325409 X 48420 -22646 X X 0 1 X 1 0 X 1529920704 1614187723 1691203405 1766702377 1697783507 8299797716 1529920704 1614187723 1691203405 1766702377 1697783507 8299797716 8299797716 14009 7691 30931 38903 91534 9517 9517 8299898767 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 693988 693988 0 38191 38191 0 0 DUE TO CUNY 2040929 due to the city of new york 11283692 contracts payable 36675651 PROJECT ADVANCES 12263024 62263296 X 1697831927 0 1697831927 0 1697831927 1697806153 22646 22646 1697783507 0 1697783507 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. 0 0 0 0 0 0 0 0 0 John Antonelli executive Director 160000 0 0 0 0 0 0 0 0 0 160000 0 0 0 JudITH Bergtraum VICE CHANCELLOR 215586 0 0 0 0 0 0 0 0 0 215586 0 0 0 Vincent Green Director, Vendor Integrity 150577 0 0 0 0 0 0 0 0 0 150577 0 0 0 Robert Lemieux Executive Director, DDCM 213200 0 0 0 0 0 0 0 0 0 213200 0 0 0 Meghan Moore-Wilk Director, space Planning 152969 0 0 0 0 0 0 0 0 0 152969 0 0 0 Gustavo Ordonez Chief of Staff 164370 0 0 0 0 0 0 0 0 0 164370 0 0 0 Gwen Perlman Director, Capital Budget 166840 0 0 0 0 0 0 0 0 0 166840 0 0 0 Frederick P Schaffer ESQ Counsel THRU 12/2016 265703 0 0 0 0 0 0 0 0 0 265703 0 0 0 Howard Altschuler Financial Management 168000 0 0 0 0 0 0 0 0 0 168000 0 0 0 Jay Goldstein Director 160000 0 0 0 0 0 0 0 0 0 160000 0 0 0 form 990, part vii, line 5: 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 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.