2017-07-12T14:45:40-05:00 2016-08-31 GRANT THORNTON LLP 757 THIRD AVE 3RD FLOOR NEW YORK NY 100172013 990 2015-09-01 135604699 Wagner College % JOHN A CARRESCIA JR WAGN 7184204264 One Campus Road Staten Island NY 10301 RICHARD GUARASCI PRESIDENT 7184204264 2017-07-12 true Daniel Romano P00504182 2125990100 2015 2021-01-29 14:40:06Z RICHARD GUARASCI ONE CAMPUS ROAD STATEN ISLAND NY 10301 137970234 false X www.wagner.edu X 1883 NY WAGNER COLLEGE PREPARES STUDENTS FOR LIFE, AS WELL AS FOR CAREERS, BY EMPHASIZING SCHOLARSHIP, ACHIEVEMENT, LEADERSHIP, AND CITIZENSHIP. SEE SCHEDULE O 21 20 1556 20 51802 -1250 4224606 6176500 99148314 102258269 704693 2611477 468854 565518 104546467 111611764 35189822 36787464 0 0 40608979 41332326 0 0 2879592 32038180 31395993 107836981 109515783 -3290514 2095981 183284127 184674057 96637295 93436255 86646832 91237802 X WAGNER COLLEGE PREPARES STUDENTS FOR LIFE, AS WELL AS FOR CAREERS, BY EMPHASIZING SCHOLARSHIP, ACHIEVEMENT, LEADERSHIP, AND CITIZENSHIP. WAGNER COLLEGE OFFERS A COMPREHENSIVE EDUCATIONAL PROGRAM THAT IS ANCHORED IN THE LIBERAL ARTS, EXPERIENTIAL AND CO-CURRICULAR LEARNING, INTERCULTURALISM, INTERDISCIPLINARY STUDIES, AND SERVICE TO SOCIETY, AND THAT IS CULTIVATED BY A FACULTY DEDICATED TO PROMOTING INDIVIDUAL EXPRESSION, REFLECTIVE PRACTICE, AND INTEGRATIVE LEARNING. false false 59610112 36787464 83794185 INSTRUCTION AND SCHOLARSHIPS/FELLOWSHIPS: WAGNER COLLEGE SERVES 2,184 STUDENTS (FALL 2015 SEMESTER). WAGNER OFFERS PROGRAMS IN HUMANITIES, PERFORMING AND VISUAL ARTS, PROFESSIONAL PROGRAMS, THE SCIENCES, SOCIAL SCIENCES AND INTERDISCIPLINARY PROGRAMS. THE COLLEGE GRANTS THE DEGREES OF BACHELOR OF ARTS, BACHELOR OF SCIENCE, BACHELOR OF SCIENCE IN EDUCATION, MASTER OF BUSINESS ADMINISTRATION, MASTER OF SCIENCE IN EDUCATION, MASTER OF SCIENCE IN ACCOUNTING, MASTER OF SCIENCE IN NURSING, MASTER OF SCIENCE IN MICROBIOLOGY, MASTER OF SCIENCE IN ADVANCED PHYSICIAN ASSISTANT, EXECUTIVE MASTER IN BUSINESS ADMINISTRATION, AND DOCTOR OF NURSING PRACTICE. SCHOLARSHIPS AND FELLOWSHIPS ARE AWARDED TO APPROXIMATELY 90% OF ALL FULL-TIME STUDENTS, THROUGH THE COLLEGE'S FINANCIAL AID OFFICE. 16081927 0 1091000 STUDENT SERVICES AND ACADEMIC SUPPORT: STUDENT SERVICES FOR 2,184 STUDENTS INCLUDE DEAN OF STUDENTS, ACADEMIC ADVISEMENT, ADMISSIONS, CHAPLAIN, CAREER PLANNING, HEALTH SERVICES, FINANCIAL AID, ORIENTATION, REGISTRAR COUNSELING, STUDENT GOVERNMENT, STUDENT ACTIVITIES BOARD, CAMPUS LIFE, AND SECURITY, AS WELL AS ATHLETIC SERVICES CONSISTING OF 20 VARSITY SPORTS TEAMS FOR MEN AND WOMEN. ACADEMIC SUPPORT SERVICES FOR 2,184 STUDENTS INCLUDE ACADEMIC AFFAIRS, TECHNOLOGY SERVICES, LIBRARY, LANGUAGE LAB, MEDIA SERVICES, NURSING LAB, AND SPIRO COMPUTER LAB. 13157940 0 17373084 Auxiliary services: Wagner college provides residence and dining services to approximately 80% of full-time undergraduate students. 88849979 true true false false false false false false false true true false false false true true true false true false true false false false true false false false true true true false false false false false false false false true false true false false false false false false false false true 283 0 true 1556 true true true false false false false true true false false false false X 21 20 false false false false false false false true true false false true true true true true false true true false X JOHN A CARRESCIA JR 7184204264 ONE CAMPUS ROAD staten island NY 10301 X WARREN r PROCCI TRUSTEE AND CHAIR 1.0 0.0 X X 0 0 0 DAVID FRIEDMAN TRUSTEE 1.0 0.0 X 0 0 0 NANCI Z KAUFFMAN TRUSTEE 1.0 0.0 X 0 0 0 MARC LEBOVITZ TRUSTEE 1.0 0.0 X 0 0 0 DIANNE M POWERS TRUSTEE AND TREASURER 1.0 0.0 X X 0 0 0 WILLIAM W RENSHAW TRUSTEE 1.0 0.0 X 0 0 0 BISHOP ROBERT RIMBO TRUSTEE 1.0 0.0 X 0 0 0 MAUREEN ROBINSON TRUSTEE 1.0 0.0 X 0 0 0 KIMBERLY H SPIRO TRUSTEE 1.0 0.0 X 0 0 0 ANDREW F CORTESE TRUSTEE 1.0 0.0 X 0 0 0 RICHARD GRASSO TRUSTEE 1.0 0.0 X 0 0 0 JOHN H MYERS TRUSTEE AND VICE CHAIR 1.0 0.0 X X 0 0 0 RICHARD GUARASCI PRESIDENT AND TRUSTEE 60.0 0.0 X X 408801 0 99081 LORRAINE MCNEILL POPPER TRUSTEE 1.0 0.0 X 0 0 0 RICHARD a MORGAN TRUSTEE 1.0 0.0 X 0 0 0 MARY CARACAPPA-HURTADO TRUSTEE AND SECRETARY 1.0 0.0 X X 0 0 0 ALEX FOX TRUSTEE 1.0 0.0 X 0 0 0 Steve Aiello Trustee 1.0 0.0 X 0 0 0 Ralph E Greene Jr Trustee 1.0 0.0 X 0 0 0 SEYMOUR P LACHMAN TRUSTEE 1.0 0.0 X 0 0 0 JOAN NICOLAIS TRUSTEE 1.0 0.0 X 0 0 0 ANGELO G ARAIMO VP ENROLLMENT AND PLANNING 50.0 0.0 X 183138 0 37611 JOSEPH F ROMANO VP ADMINISTRATION 50.0 0.0 X 146040 0 20744 JOHN A CARRESCIA vp finance & business 50.0 0.0 X 174163 0 37957 Lily D McNair Provost & Senior VP 50.0 0.0 X 183980 0 71414 Ruta Shah-Gordon VP Internat. and campus life 50.0 0.0 X 136298 0 33051 DAVID J MARTIN DIRECTOR OF COLLEGE RELATIONS 50.0 0.0 X 147536 0 13830 BASHIR B MASON HEAD MEN'S BASKETBALL COACH 50.0 0.0 X 184662 0 22822 WALTER C HAMELINE DIRECTOR OF ATHLETICS 50.0 0.0 X 196522 0 45710 GARY SULLIVAN PROFESSOR 50.0 0.0 X 130741 0 10775 Jeffrey Kraus Vice Provost 50.0 0.0 X 141832 0 14030 PATRICK MINSON CDO (AS OF 09/2014) 50.0 0.0 X 143712 0 23026 2177425 0 430051 32 false true false Chartwells PO Box 91337 CHICAGO IL 60693 FOOD SERVICES 5996869 Jenzabar Inc PO Box 55018 BOSTON MA 02205 Software/computer 518677 FIRE ENGINE RED PO BOX 1017 HAVERTOWN PA 19083 recruiting services 239754 Academy Bus 111 Paterson Avenue PO BOX 1410 HOBOKEN NJ 07030 Transportation SVCS 222340 QUALITY CONSERVATION SERVICES INC PO BOX 404322 ATLANTA GA 30384 CONTRACTING SERVICES 164318 9 33215 801461 5341824 433720 6176500 TUITION AND FEES 611600 83264063 83264063 AUXILIARY ENTERPRISES 611710 17373084 17323282 49802 ATHLETICS GUARANTEED PROCEEDS 611710 1091000 1091000 EARLY CHILDHOOD CENTER 611710 332825 332825 THEATER 611600 197297 197297 102258269 1690357 1690357 0 0 99880 99880 0 99880 99880 27244780 26323660 921120 921120 921120 27450 33215 34810 -7360 -7360 0 0 FINES AND FEES 900099 96361 96361 FERRY VAN INCOME 480000 80000 80000 OTHER INTEREST AND GAINS 900099 22164 22164 274473 2000 272473 472998 111611764 102208467 51802 3174995 0 36787464 36787464 0 0 1236200 511200 725000 128360 102350 26010 27200095 19655670 6453689 1090736 2345723 1759292 469144 117287 8388522 6291392 1677704 419426 2033426 1525070 406685 101671 0 45349 45349 195813 195813 0 0 276419 276419 573906 430430 114781 28695 197044 147783 39409 9852 7994523 5995892 1598905 399726 462000 346500 92400 23100 0 4011286 3008465 802257 200564 2146325 1609744 429265 107316 0 381379 286034 76275 19070 2526023 2526023 0 5255465 3941598 1051093 262774 827412 314860 512552 DINING 5035800 5035800 HOSPITALITY 824512 618384 164902 41226 SUBSCRIPTIONS 172745 129558 34549 8638 MEMBERSHIPS 221418 166063 44283 11072 248574 186430 49715 12429 109515783 88849979 17786212 2879592 0 0 13770536 15325188 1051921 1481598 2905790 3780547 0 0 0 0 2814060 2505740 49794 52879 1157794 1516284 147778545 74960828 76974311 72817717 67661243 72401159 9860548 8274060 0 0 0 0 7038130 6518885 183284127 184674057 4007861 3131718 0 0 15396622 16640566 50993798 49641583 0 0 0 0 19065568 17075733 0 0 7173446 6946655 96637295 93436255 X 21013721 19941351 26167779 29024052 39465332 42272399 86646832 91237802 183284127 184674057 X 2095981 2460179 34810 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73156830 2265459 4063439 347701 3331095 75806932 79383453 573903 -3592076 389141 2819309 73156830 71787477 836452 9739682 384992 2595166 79383453 46434592 24424477 3160915 333384 1899123 71787477 46002845 497305 2131936 298530 1898964 46434592 0.30680 0.55760 0.13560 false false 4393475 4393475 118844226 56652844 62191382 19252331 15247427 4004904 5288513 3060557 2227956 72817717 0 REFUNDABLE FEDERAL GRANTS 2903791 ASSET RETIREMENT OBLIGATIONS 2441142 POSTRETIREMENT BENEFIT 73063 STUDENT DEPOSITS 401342 AMOUNTS HELD FOR OTHERS 194293 CAPITAL LEASE OBLIGATION 933024 6946655 X 77042870 2460179 2460179 74582691 276419 36752654 37029073 111611764 72451900 72451900 276419 36787464 37063883 109515783 Endowment Funds FORM 990, SCHEDULE D, PART V, LINE 4 WAGNER COLLEGE MAINTAINS AN ENDOWMENT FUND FOR ALL CONTRIBUTIONS TO THE COLLEGE THAT ARE PERMANENTLY RESTRICTED BY THE DONOR. PERMANENTLY RESTRICTED CONTRIBUTIONS ARE ALL GIFTS GIVEN TO THE COLLEGE FOR WHICH THE DONOR INSTRUCTS THE COLLEGE NEVER TO SPEND THE ORIGINAL GIFT. OFTEN, WHEN CONTRIBUTORS GIVE PERMANENTLY RESTRICTED GIFTS TO THE COLLEGE, THEY WILL ALLOW THE INCOME EARNED ON THE FUNDS TO BE USED FOR VARIOUS PURPOSES. SUCH INCOME IS CLASSIFIED AS TEMPORARILY RESTRICTED ENDOWMENT NET ASSETS; THESE ASSETS ARE PRINCIPALLY USED FOR PLANT PROJECTS, LAND IMPROVEMENTS, AND VARIOUS PROGRAM SUPPORT. SOME OF THESE ASSETS MAY ALSO BE USED FOR SCHOLARSHIPS IF SO DIRECTED BY THE DONOR. OTHER TEMPORARILY RESTRICTED NET ASSETS MAY ALSO BE TIME RESTRICTED. THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 200 INDIVIDUAL DONOR-RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE COLLEGE HAS AN ENDOWMENT SPENDING POLICY FOR ENDOWMENT FUNDS THAT DO NOT HAVE A SPENDING POLICY PRESCRIBED IN THE GIFT DOCUMENT. THE COLLEGE'S ENDOWMENT TOTALS $75,806,932 AS OF AUGUST 31, 2016, OF WHICH $42,272,399 IS CLASSIFIED AS PERMANENTLY RESTRICTED NET ASSETS, $10,276,192 IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS, AND $23,258,341 IS CLASSIFIED AS UNRESTRICTED NET ASSETS. THE UNRESTRICTED ENDOWMENT NET ASSETS REPRESENT BOARD-DESIGNATED ENDOWMENT FUNDS. Accounting for Uncertainty in Income Taxes Part X, Line 2 THE COLLEGE HAS BEEN CLASSIFIED AS A SECTION 501(C)(3) ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AND SIMILAR PROVISIONS UNDER NEW YORK STATE TAX LAWS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. 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 standard REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD, AND APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. DURING THE YEARS ENDED AUGUST 31, 2016 AND 2015, THE COLLEGE EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT MEET THE CRITERIA UNDER THE STANDARD. THE TAX YEARS ENDING AUGUST 31, 2013, 2014, 2015, AND 2016 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. 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 HAS NEXUS; AND, to IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. Reconciliation of Revenue per Audited FS with Revenue per Form 990 PART XI, LINE 4B $36,752,654 REPRESENTS TOTAL SCHOLARSHIPS AND FELLOWSHIPS FOR THE FISCAL YEAR OF $36,787,464 LESS TOTAL EXPENSES RELATED TO THE GOLF CLASSIC FUNDRAISING EVENT OF $34,810 FOR THE FISCAL YEAR. Reconciliation of Expenses per Audited FS with Expenses per Form 990 PART XII, lINE 4b $36,787,464 REPRESENTS TOTAL SCHOLARSHIPS AND FELLOWSHIPS FOR THE FISCAL YEAR. true true true true true true true false false false false false false false false true false true Part I, line 3 THE FOLLOWING POLICY APPEARS IN THE ADMISSIONS SECTION OF THE WAGNER COLLEGE BULLETIN - "WAGNER COLLEGE ADMITS STUDENTS OF ANY RACE, AGE, SEX, RELIGION, OR ETHNIC AND NATIONAL ORIGIN." PART I, LINE 6A THE COLLEGE RECEIVES GRANTS FROM GOVERNMENT AGENCIES TO SUPPORT ITS OPERATIONS AND THE EDUCATIONAL PROGRAMS OF THE ORGANIZATION. Central America and the Caribbean Investments 915000 915000 915000 false false false false false false PART I, LINE 3, COLUMN F THIS AMOUNT REFLECTS THE BOOK VALUE OF INVESTMENTS AT AUGUST 31, 2016. GOLF CLASSIC 60665 33215 27450 27850 6960 0 60665 33215 27450 27850 6960 34810 -7360 true SCHOLARSHIPS & FELLOWSHIPS 1900 36787464 FMV TUITION CREDIT Part I, Line 2 WAGNER COLLEGE MONITORS THE USE OF SCHOLARSHIP FUNDS IN THE UNITED STATES BY ENSURING THAT ALL STUDENTS WHO RECEIVE SCHOLARSHIP MONIES ARE ALWAYS REGISTERED AS STUDENTS OF THE COLLEGE. MANY DEPARTMENTS WITHIN THE COLLEGE WORK IN CONJUNCTION TO ENSURE THAT SCHOLARSHIP FUNDS ARE MONITORED EFFICIENTLY AND EFFECTIVELY. THE ADMISSIONS OFFICE REVIEWS ALL STUDENT APPLICATIONS, AND DETERMINES WHO IS ELIGIBLE TO RECEIVE SCHOLARSHIPS. THE FINANCE AND BUSINESS OFFICE DRAWS DOWN FUNDS FOR SCHOLARSHIPS AND GRANTS. THE FINANCIAL AID OFFICE AWARDS SCHOLARSHIPS AND GRANTS TO STUDENTS, AND THE REGISTRAR'S OFFICE MONITORS AND MAINTAINS ALL RECORDS REGARDING THE REGISTERED STATUS OF STUDENTS. PART III, LINE 1, COLUMN B WAGNER COLLEGE ESTIMATES THAT APPROXIMATELY 90% OF ALL FULL-TIME STUDENTS RECEIVE SOME SORT OF FINANCIAL ASSISTANCE from THE COLLEGE. THEREFORE, THE NUMBER OF RECIPIENTS OF GRANTS AND OTHER ASSISTANCE BY WAGNER COLLEGE IS ESTIMATED BY TAKING 90% OF THE TOTAL FTE ENROLLMENT FOR THE FALL 2015 SEMESTER (2,081 FTES), RESULTING IN APPROXIMATELY 1,900 RECIPIENTS. X X true true X X X X false true false false false false false false false RICHARD GUARASCI PRESIDENT AND TRUSTEE 395118 0 0 0 13683 0 25500 0 73581 0 507882 0 0 0 ANGELO G ARAIMO VP ENROLLMENT AND PLANNING 179996 0 0 0 3142 0 18560 0 19051 0 220749 0 0 0 JOSEPH F ROMANO VP ADMINISTRATION 143207 0 0 0 2833 0 14500 0 6244 0 166784 0 0 0 BASHIR B MASON HEAD MEN'S BASKETBALL COACH 182406 0 0 0 2256 0 16578 0 6244 0 207484 0 0 0 WALTER C HAMELINE DIRECTOR OF ATHLETICS 192100 0 0 0 4422 0 16210 0 29500 0 242232 0 0 0 JOHN A CARRESCIA vp finance & business 172021 0 0 0 2142 0 17906 0 20051 0 212120 0 0 0 Lily D McNair Provost & Senior VP 180763 0 0 0 3217 0 18560 0 52854 0 255394 0 0 0 Ruta Shah-Gordon VP Internat. and campus life 134396 0 0 0 1902 0 14000 0 19051 0 169349 0 0 0 Jeffrey Kraus Vice Provost 140748 0 0 0 1084 0 13030 0 1000 0 155862 0 0 0 PATRICK MINSON CDO (AS OF 09/2014) 143472 0 0 0 240 0 3375 0 19651 0 166738 0 0 0 DAVID J MARTIN DIRECTOR OF COLLEGE RELATIONS 144915 0 0 0 2621 0 13830 0 0 0 161366 0 0 0 PART I, LINE 1A WAGNER COLLEGE PROVIDED HOUSING ON ITS BUSINESS PREMISES FOR THE FOLLOWING EMPLOYEES - RICHARD GUARASCI (PRESIDENT) AND LILY D. MCNAIR (PROVOST AND SENIOR VP); THESE INDIVIDUALS WERE REQUIRED TO ACCEPT HOUSING AS A CONDITION OF THEIR EMPLOYMENT AT THE COLLEGE. THE COLLEGE DEEMED IT NECESSARY FOR THESE TWO INDIVIDUALS TO BE AVAILABLE ALL HOURS OF THE DAY AND NIGHT TO ATTEND ANY URGENT SITUATIONS THAT COULD ARISE AFTER NORMAL BUSINESS HOURS. BOTH INDIVIDUALS ARE CHARGED WITH DUTIES OF SECURITY AND STUDENT WELFARE, SUCH AS CAMPUS HOUSING ISSUES, POWER OUTAGES, INCLEMENT WEATHER ISSUES, AND OTHER EMERGENCY SITUATIONS. THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION TO ANY EMPLOYEE. THE APPROXIMATE NON-TAXABLE VALUES OF THE HOUSING PROVIDED TO THE EMPLOYEES ARE AS FOLLOWS: RICHARD GUARASCI - $51,644, AND LILY D. MCNAIR - $37,184. WAGNER COLLEGE ALSO PROVIDED SOCIAL CLUB DUES FOR RICHARD GUARASCI, AS WELL AS FOR WALTER HAMELINE (DIRECTOR OF ATHLETICS). THESE MEMBERSHIPS ARE FOR BUSINESS PURPOSES ONLY, SPECIFICALLY DONOR DEVELOPMENT AND COLLEGE-RELATED BUSINESS MEETINGS. PART I, LINE 3 WAGNER COLLEGE'S EXECUTIVE COMMITTEE, WHICH IS COMPRISED OF INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES, DETERMINES THE COMPENSATION OF THE COLLEGE'S PRESIDENT. BOTH THE EXECUTIVE COMMITTEE AND THE BOARD MUST REVIEW AND APPROVE COMPENSATION. COMPENSATION IS DETERMINED THROUGH REVIEW OF THE FORM 990 OF OTHER COMPARABLE LIKE-SIZE ORGANIZATIONS. THE EXECUTIVE COMMITTEE ALSO REFERS TO COMPARABLES AND SALARY SURVEYS, MAINLY CUPA, TO DETERMINE THE REASONABLENESS OF THE PROPOSED COMPENSATION AMOUNT. ANY COMPENSATION DETERMINATIONS OF THE EXECUTIVE COMMITTEE ARE RECORDED CONTEMPORANEOUSLY IN THE MINUTES OF THE COMMITTEE. PART I, LINE 4B DURING THE CALENDAR YEAR ENDED DECEMBER 31, 2015, ONE PERSON LISTED ON FORM 990, PART VII, SECTION A, LINE 1A (PRESIDENT RICHARD GUARASCI) PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. HE CONTRIBUTED $17,500 TO THE PLAN IN CALENDAR YEAR 2015. PART II COLUMN B (BREAKDOWN OF W-2 COMPENSATION) INCLUDES EACH EMPLOYEE'S BASE COMPENSATION IN COLUMN B(I). COLUMN B(III) INCLUDES AMOUNTS FOR TAXABLE GROUP TERM LIFE INSURANCE. COLUMN C (RETIREMENT AND OTHER DEFERRED COMPENSATION) INCLUDES EMPLOYER CONTRIBUTIONS TO RETIREMENT PLANS FOR ALL INDIVIDUALS LISTED. COLUMN D (NONTAXABLE BENEFITS) IS COMPRISED OF A VARIETY OF BENEFITS, INCLUDING EMPLOYER CONTRIBUTIONS TO EMPLOYEE HEALTH PLANS, FLEXIBLE SPENDING ACCOUNT PLAN CONTRIBUTIONS, AND SOCIAL CLUB DUES. ALSO INCLUDED IN THIS TOTAL AS A CONDITION OF EMPLOYMENT, IS THE VALUE OF THE HOUSING PROVIDED BY THE COLLEGE TO THE PRESIDENT, RICHARD GUARASCI and THE PROVOST AND SENIOR VP, LILY D. MCNAIR, AS WELL AS THE COSTS OF THEIR ORDINARY HOME UTILITIES (ELECTRIC, GAS, WATER, AND CABLE). A dormitory authority of the state of new york 146000293 6499037Q8 2009-01-28 30500000 finance new dormitory false false false B build nyc resource corporation 454040561 12008EAU0 2012-09-25 13940443 finance building renovations false false false A 0 0 28509865 1085576 0 0 415922 488637 0 28139152 370712 0 2010 false false true true B 0 0 12398634 1270500 0 0 271309 0 0 12356021 42613 0 2015 false false true true A false false true true false 0.00140 0.00140 false false false true B false true true true false 0.00300 0.00300 false false false true A false true false false 0 false 0 false true B false true false false 0 false 0 false true A true B true schedule k, part v The college actively reviews the activities of the bond-financed facilities to determine private use and identify possible arbitrage and other potential violations of federal tax law. THE COLLEGE WILL DISCUSS ANY POSSIBLE VIOLATIONS WITH BOND COUNSEL AND, IF NECESSARY, CORRECT VIOLATIONS THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM IF SELF-REMEDIATION IS NOT OTHERWISE AVAILABLE. CARIN GUARASCI PRESIDENT'S SPOUSE 70760 Professor/ADMINISTRATOR false DAVID GORDON OFFICER'S SPOUSE 57600 PROFESSOR false Part IV THE PRESIDENT'S SPOUSE, CARIN GUARASCI, IS EMPLOYED BY THE COLLEGE AS AN ADMINISTRATOR IN BOTH THE EDUCATION DEPARTMENT AND THE INSTITUTIONAL ADVANCEMENT OFFICE, HAVING EARNED A TOTAL OF $70,760 IN COMPENSATION DURING THE COLLEGE'S TAX YEAR. THE SPOUSE OF THE COLLEGE'S Vice president for Internationalization, Intercultural Affairs, and Campus Life, DAVID GORDON, IS ALSO EMPLOYED BY THE COLLEGE AS AN EDUCATION PROFESSOR, AND EARNED $57,600 IN COMPENSATION DURING THE TAX YEAR. THE EMPLOYMENT AND COMPENSATORY PACKAGES OF BOTH OF THESE INDIVIDUALS WERE DECIDED UPON WITHOUT THE INVOLVEMENT OF THE INTERESTED PARTIES, AND WERE APPROVED BY THE EXECUTIVE COMMITTEE OF THE COLLEGE. X 15 433720 SELLING PRICE false false false PART I, LINE 9, COLUMN (B) THE AMOUNT REPORTED ON SCHEDULE M, PART I, LINE 9, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED BY THE COLLEGE. Board Review of Form 990 Part VI, Section B. Policies, Line 11B Wagner College's 990 is prepared internally by the College's Finance & Business Office. Wagner then sends a draft of the return to an independent tax group at Grant Thornton LLP for review. The 990 is then brought to the Audit Committee for discussion, and lastly is provided to the Board of Trustees during a Board meeting for review before the 990 can be filed. Conflict of Interest Policy Part VI, Section B. Policies, Line 12C Wagner College has a conflict of interest policy in place, and consistently monitors and enforces compliance with such policy. Each year, conflict of interest statements are sent out to all members of the Board of Trustees, who then must disclose any transactions with interested parties. If there are any such transactions, the College would ensure that the transaction is arms-length. To date, there have been no non-arms length relationships noted. Document Retention and Destruction Policy Part VI, Section B. Policies, Line 14 Wagner College has a document retention and destruction policy in place that is followed by many offices on campus; however, the policy has not been put in front of the Board of Trustees for approval as of yet. Compensation Review Part VI, Section B. Policies, Line 15A & 15B Wagner College's Executive Committee, which is comprised of independent members of the Board of Trustees, determines the compensation of the College's President, and reviews and approves the compensation of all senior officers. Both the Executive Committee and the Board must review and approve compensation. Compensation is determined through review of the Form 990 of other comparable and like-size organizations. The Executive Committee also refers to comparables and salary surveys, mainly CUPA, to determine the reasonableness of the proposed compensation amounts. Any compensation determinations of the Executive Committee are recorded contemporaneously in the minutes of the committee. Public Disclosure Part VI, Section C. Disclosure, Line 19 Wagner College makes its financial statements AND ITS FORM 990 available to the public upon request. The College also provides a link to the annual report on the College website (www.wagner.edu), which includes the balance sheet and other financial information. Reconciliation of Net Assets Part XI, Line 9 THE BALANCE REPRESENTS TOTAL EXPENSES RELATED TO THE GOLF CLASSIC FUNDRAISING EVENT FOR THE FISCAL YEAR.