2017-02-15T13:21:20-07:00 2016-06-30 990 2015-07-01 160743126 ROBERTS WESLEYAN COLLEGE ROBE 5855946000 2301 Westside Drive Rochester NY 14624 Laurie Leo Chief Financial Officer 5855946000 2017-02-15 2015 2021-01-29 14:40:06Z Deana L Porterfield 2301 Westside Drive Rochester NY 14624 60056810 0 X www.roberts.edu X 1866 NY As a community of learners committed to historic Christianity, Roberts Wesleyan College seeks to prepare thoughtful, spiritually mature, service-oriented people who will help transform society. 22 22 1348 80 0 0 5893808 2378206 45668462 44876376 1371420 77276 1914829 2416042 54848519 49747900 15002182 15298066 0 0 18498144 20502942 0 0 531554 17450199 16841063 50950525 52642071 3897994 -2894171 121649618 122915511 29832065 34946619 91817553 87968892 As a community of learners committed to historic Christianity, Roberts Wesleyan College seeks to prepare thoughtful, spiritually mature, service-oriented people who will help transform society. 0 0 45255294 15298066 44361045 Educational institution and related activities: College liberal arts programs in the Christian tradition to prepare students for service to humanity in business, the arts and a variety of human service fields. ( Approx 1900 students) 0 0 0 45255294 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 235 0 1 1348 1 0 1 CJ 0 0 0 1 1 0 0 0 0 X 22 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Laurie J Leo 5855946000 2301 Westside Drive Rochester NY 14624 Emerson Fullwodd Trustee 2 2 X 0 0 0 Holly Hillberg Trustee 2 2 X 0 0 0 Timothy R Harner Trustee 2 2 X 0 0 0 David Hughes Trustee 2 2 X 0 0 0 Roy King Trustee 2 2 X 0 0 0 Norman Leenhouts Vice Chair 2 2 X 0 0 0 Paul Lysander Trustee 2 2 X 0 0 0 Kevin Mannoia Trustee 2 2 X 0 0 0 Duncan W O'Dwyer Trustee 2 2 X 0 0 0 Dwight Palmer Board Chair 2 2 X 0 0 0 Mary Perna Secretary 2 2 X 0 0 0 E John Reinhold Trustee 2 2 X 0 0 0 David B Rinker Trustee 2 2 X 0 0 0 Mauricio F Riveros Trustee 2 2 X 0 0 0 David Roller Trustee 2 2 X 0 0 0 Deborah Schmidt Trustee 2 2 X 0 0 0 Wesley Skinner Jr Trustee 2 2 X 0 0 0 William J Smith Trustee 2 2 X 0 0 0 Terry Taber Trustee 2 2 X 0 0 0 Steven von Berg Trustee 2 2 X 0 0 0 Caryl Wenzke Trustee 2 2 X 0 0 0 Daniel Wolfe Trustee 2 2 X 0 0 0 Mary Worboys-Turner Vice Chair 2 2 X 0 0 0 John Cooke Trustee 2 2 X 0 0 0 George Kimmich Trustee 2 2 X 0 0 0 Deana Porterfield President 50 4 X 202541 0 18330 Laurie J Leo Chief Financial Officer 50 4 X 140204 0 2280 David Basinger Vice President for Academic Affairs 40 4 X 128691 0 16951 Nelson Hill Vice Presidetn for Student Development 40 4 X 117119 0 2753 Samuel Connell Executive Vice-President for Enrollment 40 4 X 92227 0 11226 680782 0 51540 4 0 1 0 Lechase Construction Services LLC 205 Indigo Creek Dr Rochester NY 14626 Building Construction 6841820 Metz Culinary Management 2 Woodland Drive Dallas PA 18612 Food Service 999728 Ruffalocody LLC PO BOX 718 DES MOINES IA 503030718 Advertising 398368 Uniland Development Company PO BOX 782 AMHERST NY 14226 Rental Services 125078 Credo LLC 201 South street 4th Floor Boston MA 02111 Consulting Services 118952 6 0 0 40900 0 614724 1722582 0 2378206 Tuition and Fees 611310 39470998 39470998 0 0 Sales and Services of Auxiliary 611310 5405378 5405378 0 0 0 0 0 0 44876376 592607 0 0 592607 0 0 0 0 0 0 0 0 0 0 9776913 0 10292244 0 -515331 0 -515331 -515331 0 0 2700 40900 16666 -13966 0 -13966 Other Revenue 611710 2430008 0 0 2430008 0 0 0 0 2430008 49747900 44361045 0 3008649 0 0 15298066 15298066 0 0 0 0 810822 325769 372143 112910 0 0 0 0 15660942 13301159 2180608 179175 47687 24709 14570 8408 3632256 2826734 732259 73263 351235 289302 56125 5808 0 0 0 0 72220 0 72220 0 70970 0 70970 0 0 0 0 0 0 0 0 0 0 0 906276 612074 252465 41737 915212 97845 817367 0 857789 536592 280645 40552 666377 191450 474927 0 0 0 0 0 4060295 3539052 488901 32342 520545 478240 36680 5625 0 0 0 0 78949 39495 39084 370 787346 787346 0 0 0 0 0 0 3626444 3371528 237942 16974 180019 29081 150938 0 All other expenses 2504035 2044588 447151 12296 Academic Supplies Book 977736 911961 65775 0 Equipment and Events 368478 301931 64453 2094 Allowance for Bad Debt 204716 204716 0 0 43656 43656 0 0 52642071 45255294 6855223 531554 0 0 10746560 8471301 5151300 3968942 2409021 1788676 0 0 0 0 2871983 2749676 66908 61049 1054857 1013558 122704235 48181184 68021352 74523051 21709644 20775686 7536567 2347577 0 0 0 0 2081426 7215995 121649618 122915511 3536378 2251412 0 0 1341671 2279893 14241791 19773674 0 0 0 0 141644 41660 6000 6000 10564581 10593980 29832065 34946619 X 73114571 70926760 6549172 4611120 12153810 12431012 91817553 87968892 121649618 122915511 X -2894171 -584667 0 0 0 -369823 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24164205 659413 -460113 964928 292406 0 23106171 22999998 2479819 -63686 913224 338702 0 24164205 20546976 560016 2715889 822883 0 0 22999998 19574927 1231476 2034325 739054 1554698 0 20546976 17888306 2546734 -207582 652531 0 0 19574927 0.4 0.54 0.06 0 0 0 2005980 2005980 0 87912257 29269238 58643019 0 110302 57952 52350 0 20762449 15723529 5038920 0 11913247 3130465 8782782 74523051 Contributions Receivable from split-interest agreements 448739 Due from Northeastern Seminary, Net 1522464 Endowment Receivable 5244792 7215995 0 Present Value of Annuities Payable 1955393 Interest-Rate Swap Liability 914513 Asset Retirement Obligation 729896 Funds held for Northeastern Seminary 3228122 Refundable Grant 3120447 Capital Lease Obligation 645609 10593980 X 33512010 -584667 0 0 -353157 -937824 34449834 0 15298066 15298066 49747900 37360671 0 0 0 16666 16666 37344005 0 15298066 15298066 52642071 Schedule D, Part V, Line 4 THE INCOME GENERATED BY THE ENDOWMENT FUND IS USED TO PROVIDE STUDENTS SCHOLARSHIP AND STUDENT ACADEMIC PROGRAMMING. Schedule D, Part X, Line 2 ROBERTS WESLEYAN COLLEGE IS A NON-FOR-PROFIT CORPORATION EXEMPT FROM INCOME TAXES AS AN ORGANIZATION QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ROBERTS WESLEYAN COLLEGE HAS ALSO BEEN CLASSIFIED AS AN ORGANZIATION THAT IS A NOT A PRIVATE FOUNDATION. CGRI IS A FOR-PROFIT CORPORATON ORGANIZED UNDER SECTION 402 OF THE NEW YORK STATE BUSINESS CORPORATION LAW. THE COLLEGE AND CGRI FILE TAX RETURNS IN THE FEDERAL AND NEW YORK STATE JURISDICATIONS. Schedule D, Part XI, Line 2d INTEREST RATE SWAP -65,904. CONTRIBUTION TO AFFILIATE -42,500. CHANGE IN SPLIT INTEREST AGREEMENTS -261,419. SPECIAL EVENT EXPENSES 16,666. TOTAL TO SCHEDULE D, PART XI, LINE 2D -353,157. Schedule D, Part XI, Line 4b INSTITUTIONAL GRANT-BASED AID INCLUDED UNDER REVENUE FOR FINANCIAL STATEMENT 15,298,066. Schedule D, Part XII, Line 2d SPECIAL EVENT EXPENSES 16,666 Schedule D, Part XII, Line 4b INSTITUTIONAL GRANT-BASED AID INCLUDED UNDER REVENUE FOR FINANCIAL STATEMENT 15,298,066 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 ROBERTS WESLEYAN COLLEGE COMPLIES WITH ALL APPLICABLE NON-DISCRIMINATION LAWS AND IS COMMITTED TO OUR ENHANCEMENT OF HUMAN DIGNITY AND WORKPLACE DIVERSITY. THIS IS ADVERTISED IN EMPLOYMENT RELATED ADS AND ON OUR WEBSITE AT WWW.ROBERTS.EDU. Schedule E, Part I, Line 6 EXPLANATION OF GOVERNMENT FINANCIAL AID: ROBERTS WESLEYAN RECEIVES GRANTS FROM BOTH FEDERAL AND NEW YORK STATE GOVERNMENTS. THIS INCLUDES AID ADMINISTERED THROUGH THE PERKINS LOAN AND PELL GRANT PROGRAMS, SEOG, AND COLLEGE WORKS-STUDY (FEDERAL) AND BUNDY AID, TAP, AND NURSING GRANTS RECEIVED THROUGH NEW YORK STATE. THESE AMOUNTS ARE USED IN DIRECT AND INDIRECT SUPPORT OF STUDENTS, TO HELP OFFSET, IN PART, THE COSTS OF TUITION, BOOKS, AND OTHER COSTS OF ATTENDANCE. ADDITIONALLY, THE COLLEGE MAY RECEIVE CAPITAL GRANTS FROM BOTH FEDERAL AND STATE AGENCIES WHICH ARE USED TO HELP UPGRADE FACILITIES. Golf Tournament 43600 40900 2700 0 0 0 0 0 16666 0 0 43600 40900 2700 0 0 0 0 0 16666 16666 -13966 0 SCHOLARSHIP ASSISTANCE TO STUDENTS WHICH REDUCES NET AMOUNT PAYABLE TO THE COLLEGE. 1572 15298066 0 FMV Schedule I, Part I, Line 2 OUR FINANCIAL AID OFFICE AWARDS SCHOLARSHIPS TO STUDENTS BASED ON SUBMITTED FAFSA DATA AND ACADEMIC PERFORMANCE. THE FINANCIAL AID OFFICE IS RESPONSIBLE FOR ENSURING COMPLIANCE WITH ALL RELEVANT STATE AND FEDERAL REQUIREMENTS RELATIVE TO GRANT-BASED AID. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Deana Porterfield President 202541 0 0 0 0 0 4740 0 13590 0 220871 0 0 0 Schedule J, Part I, Line 1a THE COLLEGE PRESIDENT'S SPOUSE IS CONSIDERED A KEY REPRESENTATIVE OF THE COLLEGE AND THEREFORE TRAVEL COSTS RELATED TO CERTAIN OFFICIAL COLLEGE MEETINGS ARE COVERED FOR HER. THE COLLEGE PRESIDENT RESIDES IN COLLEGE PROVIDED HOUSING WHICH ALSO SERVES AS A PLACE FOR MEETING WITH COLLEGE GUESTS, STUDENTS, DONORS, AND ALUMNI AT VARIOUS TIMES THROUGHOUT THE YEAR. ALSO, THE COLLEGE PAYS DUES FOR THE PRESIDENT FOR ONE MAJOR CLUB IN THE ROCHESTER, NEW YORK AREA TO PROVIDE QUALITY, OFF-CAMPUS MEETING VENUES. ONLY INDIVIDUALS, NOT ORGANIZATIONS, ARE ALLOWED TO JOIN THIS CLUB. THE PRESIDENT USES THIS MEMBERSHIP ENTIRELY FOR COLLEGE RELATED BUSINESS. A Monroe County Industrial Development Corporation 510188852 2014-03-14 26000000 Science & Nursing Building 0 0 0 A 6000000 0 26000000 0 293818 0 542621 0 0 19773674 0 6226326 2017 0 0 0 1 A 0 0 0 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 A 0 X 6 79594 FMV 0 0 0 Form 990, Part I, Line 1 DESCRIPTION OF ORGANIZATION MISSION: TO PREPARE THOUGHTFUL, SPIRITUALLY MATURE, SERVICE-ORIENTED PEOPLE WHO WILL HELP TRANSFORM SOCIETY. Form 990, Part VI, Section A, Line 2 MARY PERNA WORKS AS AN INDEPENDENT CONTRACTOR FOR ANOTHER TRUSTEE. DAVID LASCELL IS AN ATTORNEY WITH A REGIONAL LAW FIRM AND MAY, FROM TIME TO TIME, HAVE TRANSACTIONS WHICH MAY INVOLVE OTHER BOARD MEMBERS OF THEIR COMPANIES. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED IN DETAIL WITH THE MEMBERS OF THE BOARD'S BUSINESS AFFAIRS COMMITTEE. THE FULL BOARD ALSO HAS ACCESS TO THE DRAFT FORM 990 ON A CORPORATE INTRANET SITE. Form 990, Part VI, Section B, Line 12c A REPORT OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS UNDERTAKEN BY THE SVP AND TREASURER. Form 990, Part VI, Section B, Line 15 THE BOARD'S COMPENSATION COMMITTEE REVIEWS ALL KEY EMPLOYEE SALARY IN CONJUNCTION WITH THE VP OF ADMINISTRATION AND USING BENCH-MARKING DATA FROM BOTH LOCAL AND NATIONAL PAY DATABASES. Form 990, Part VI, Section C, Line 19 SUCH DOCUMENTS ARE CURRENTLY AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVAILABLE VIA COLLEGE WEBSITE AND NACUBO'S WEBSITE. Form 990, Part XI, Line 9 CHANGES IN NET ASSETS: CHANGE IN SPLIT INTEREST AGREEMENTS -261,419. CHANGE IN VALUE OF SWAP -65,904. CONTRIBUTION TO AFFILATE -42,500. TOTAL TO FORM 990, PART XI, LINE 9 -369,823. Northeastern Seminary 2265 Westside Drive Rochester NY 14624 161554414 Seminary-graduate course programs in Divinity NY 501(c)(3) 2 N/A 0 Housing Development Foundation Inc 2301 Westside Drive Rochester NY 14624 161583317 Housing for college students NY 501(c)(3) 9 N/A 0 College Greene Residences Inc (16-1360689) 2301 Westside Drive Rochester NY 14624 161360689 Real estate activities NY Roberts Wesleyan College C 1 1 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 Northeastern Seminary q 1534806 OPERATING EXPENSES PAID ON BEHALF OF NORTHEASTERN SEMINARY Northeastern Seminary k 49404 LEASE OF CLASSROOMS FROM NORTHEASTERN SEMINARY Northeastern Seminary s 3228122 POOLED ENDOWMENT FUNDS WITH NORTHEASTERN SEMINARY Northeastern Seminary b 42500 FORGIVENESS OF NORTHEASTERN SEMINARY DEBT Northeastern Seminary d 297500 LOAN DUE FORM NORTHEASTERN SEMINARY Extension for 8868 was filed.