2017-11-14T06:26:54-06:00 2016-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2016-01-01 133705284 HELENE FULD COLLEGE OF NURSING HELE 2126167200 24 EAST 120TH STREET NEW YORK NY 10035 WENDY ROBINSON PRESIDENT AND CEO 2126167200 2017-11-09 1 AARON SHAPIRO P01333816 2128674000 38.98.118.70 2017-11-13 13:44:44 ES P D7076C0EC39B17C3336BFEA465ABF20A32036F2A 73A2BDB4DEE3E1301F7FB9DCBA9193E2BC5F7900 2016 2021-01-29 14:40:06Z WENDY ROBINSON 24 EAST 120TH STREET NEW YORK NY 10035 8354768 0 X WWW.HELENEFULD.EDU X 2004 NY HELENE FULD COLLEGE OF NURSING IS AN INDEPENDENT, SINGLE-PURPOSE INSTITUTION. ITS MISSION IS TO PROVIDE THE OPPORTUNITY, THROUGH A CAREER-LADDER APPROACH, FOR INDIVIDUALS TO ENHANCE THEIR EDUCATION AND IMPROVE THEIR NURSING PRACTICE. THE COLLEGE ENDEAVORS TO PRODUCE HIGH QUALITY AND TECHNICALLY ADAPTABLE NURSES WHO ARE ABLE TO FUNCTION EFFECTIVELY IN A CHANGING SOCIETY. 11 11 96 11 0 0 263252 251515 7461020 6191833 136782 32523 -5116 -25534 7855938 6450337 211452 133668 0 0 4088724 4011976 0 0 71896 2210247 2318257 6510423 6463901 1345515 -13564 7682846 7978604 753377 860530 6929469 7118074 X HELENE FULD COLLEGE OF NURSING IS AN INDEPENDENT, SINGLE-PURPOSE INSTITUTION. ITS MISSION IS TO PROVIDE THE OPPORTUNITY, THROUGH A CAREER-LADDER APPROACH, FOR INDIVIDUALS TO ENHANCE THEIR EDUCATION AND IMPROVE THEIR NURSING PRACTICE. THE COLLEGE ENDEAVORS TO PRODUCE HIGH QUALITY AND TECHNICALLY ADAPTABLE NURSES WHO ARE ABLE TO FUNCTION EFFECTIVELY IN A CHANGING SOCIETY. 0 0 5211738 133668 6191833 SEE SCHEDULE OHELENE FULD COLLEGE OF NURSING IS AN INDEPENDENT, SINGLE-PURPOSE INSTITUTION. THE COLLEGE IS AUTHORIZED TO GRANT BOTH BACHELOR OF SCIENCE AND ASSOCIATE IN APPLIED SCIENCE DEGREES. ITS MISSION IS TO PROVIDE THE OPPORTUNITY, THROUGH A CAREER-LADDER APPROACH, FOR INDIVIDUALS TO ENHANCE THEIR EDUCATION AND IMPROVE THEIR NURSING PRACTICE. THE COLLEGE ENDEAVORS TO PRODUCE HIGH QUALITY AND TECHNICALLY ADAPTABLE NURSES WHO ARE ABLE TO FUNCTION EFFECTIVELY IN A CHANGING SOCIETY. THE COLLEGE AIMS TO TEACH ITS STUDENTS THE VALUE OF INTELLECTUAL SKILLS AND TO HELP THEM DEVELOP THE CAPABILITY OF MAKING CHOICES BASED ON KNOWLEDGE AND UNBIASED EVALUATIONS; TO ADVANCE THE STUDENTS' KNOWLEDGE OF THE PROFESSION AND THEIR PROFICIENCY IN TECHNICAL SKILLS; TO ENCOURAGE PERSONAL GROWTH, RESOURCEFULNESS, A HEIGHTENED SENSE OF RESPONSIBILITY, AND A CONCERN FOR PEOPLE; TO EDUCATE THE STUDENTS TO RECOGNIZE AND APPRECIATE DIVERSE CULTURAL VALUE SYSTEMS; TO FAMILIARIZE THE STUDENTS WITH RESOURCES FOR FUTURE LEARNING SO THAT THEY CAN ADAPT TO THE INCREASING COMPLEXITY OF PROFESSIONAL RESPONSIBILITIES; AND TO PROMOTE LEARNING AS A LIFE-LONG COMMITMENT. THE COLLEGE STRIVES TO PROVIDE CONTINUED LEADERSHIP IN NON-TRADITIONAL NURSING EDUCATION WITH AN EMPHASIS ON EDUCATING LICENSED PRACTICAL NURSES AND REGISTERED NURSES; TO OFFER OPPORTUNITIES TO MEN AND WOMEN OF DIVERSE RACIAL, ETHNIC, AND SOCIOECONOMIC BACKGROUNDS AND TO THOSE WHO MIGHT OTHERWISE HAVE BEEN EXCLUDED FROM CAREER ADVANCEMENT; TO PREPARE GRADUATES WHO BENEFIT FROM THEIR INCREASED LEVEL OF EXPERTISE; AND TO PROVIDE THE BASE FOR FURTHER PROFESSIONAL EDUCATION. HELENE FULD COLLEGE OF NURSING CONTINUALLY SEEKS TO PROVIDE STUDENTS WITH THE BROADEST POSSIBLE SPECTRUM OF LEARNING OPPORTUNITIES BY USING THE VAST RESOURCES OF NEW YORK CITY. THE COLLEGE IS DEDICATED TO SERVING ITS STUDENTS, THE PROFESSION OF NURSING, AND NEW YORK CITY COMMUNITIES OF WHICH IT IS AN INTEGRAL PART. THE COLLEGE BELIEVES THAT ALL PERSONS ARE ENTITLED TO OPTIMUM HEALTHCARE. THE COLLEGE BELIEVES THIS IS A BASIC HUMAN RIGHT WHICH SHOULD BECOME ONE OF OUR NATION'S HIGH-PRIORITY GOALS. THE COLLEGE BELIEVES THAT NURSING IS ESSENTIAL TO THE HEALTH DELIVERY SYSTEM IN ACHIEVING THIS GOAL. SINCE MODERN NURSING ENCOMPASSES AN INCREASINGLY BROAD RANGE OF KNOWLEDGE AND SKILLS, IT CAN BEST FULFILL ITS OBLIGATIONS TO SOCIETY BY PREPARING DIFFERENT LEVELS OF NURSES. THESE RANGE FROM THE LICENSED PRACTICAL NURSE TO DOCTORALLY PREPARED NURSE. EDUCATIONAL FACILITIES INCLUDE CLASSROOMS, CONFERENCE ROOMS, NURSING ARTS AND SCIENCE LABORATORIES, LIBRARY, AND ADMINISTRATIVE AND FACULTY EDUCATIONAL EXPERIENCE. THE LIBRARY HOUSES AN EVER-EXPANDING COLLECTION OF BOOKS AND PERIODICALS SELECTED TO MEET CURRICULUM NEEDS AND STUDENT AND FACULTY INTERESTS. THE LIBRARY'S COLLECTIONS ARE SUPPLEMENTED BY MEMBERSHIPS IN RESOURCE-SHARING CONSORTIA. THESE PARTNERSHIPS ARE INTEGRATED INTO THE BORROWING SERVICES PROVIDED THROUGH THE INTERLIBRARY LOAN SERVICE AND SERVE TO EXPAND THE RANGE OF MATERIALS AVAILABLE TO STUDENTS. AUDIOVISUAL AND COMPUTER ASSISTED INSTRUCTIONAL RESOURCES SUPPLEMENT CLASSROOM INSTRUCTION, ENHANCE LEARNING AND PROVIDE A MEANS OF INDEPENDENT STUDY AND RESEARCH. THE LIBRARY MAINTAINS AN INTRANET PORTAL WHERE COURSE SYLLABI, BOOK LISTS, ONLINE PERIODICALS AND OTHER INFORMATION ARE AVAILABLE. THE NURSING ARTS LABORATORIES ARE AVAILABLE FOR STUDENTS TO PRACTICE AND REVIEW CLINICAL SKILLS, UNDER THE GUIDANCE OF QUALIFIED CLINICAL INSTRUCTORS. THE LABS ARE ALSO USED TO DEMONSTRATE SELECTED PROCEDURES DURING NURSING WORKSHOPS AND SEMINARS. THE THREE LABS CONTAIN ADVANCED TECHNOLOGICAL RESOURCES INCLUDING A COMPUTERIZED PATIENT SIMULATOR FOR DEMONSTRATION OF BASIC AND ADVANCED ASSESSMENTS AND ACUTE CARE PRACTICES, AS WELL AS VIDEO EQUIPMENT, AND A SMALL LIBRARY OF NURSING BOOKS. THE COLLEGE OFFERS TUTORING SERVICES TO ITS STUDENTS. THE TUTORING PROGRAM IN PART IS FUNDED BY A PRIVATE FOUNDATION. TUTORING ENCOURAGES, IN MATH, THE SCIENCES, AND NURSING, STUDENTS TO BECOME IMPROVED WRITERS BY IDENTIFYING THEIR STRENGTHS AND WEAKNESSES AND CORRECTING THEIR OWN ERRORS. HELENE FULD COLLEGE OF NURSING USES SELECTED PATIENT-CARE UNITS AT COOPERATING HOSPITALS AND COMMUNITY AGENCIES FOR CLINICAL EXPERIENCE. EXPERIENCE IS AVAILABLE WITH PATIENTS OF ALL AGES, VARIED ETHNIC AND SOCIOECONOMIC BACKGROUNDS AND WITH A VARIETY OF CLINICAL CONDITIONS. FACILITIES USED INCLUDE THE FOLLOWING: BELLEVUE HOSPITAL CENTER, BRONX LEBANON HOSPITAL, JACOBI MEDICAL CENTER, METROPOLITAN HOSPITAL CENTER, MONTEFIORE HOSPITAL CENTER, MT. SINAI MEDICAL CENTER, ST. LUKE'S ROOSEVELT MEDICAL CENTER. 5211738 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 104 0 96 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X GALINA VILKINA 2126167270 24 EAST 120TH STREET NEW YORK NY 10035 JAMES C FRAUENTHAL PHD CHAIRPERSON 2.00 X X 0 0 0 SUZANNE C RICE VICE CHAIRPERSON 2.00 X X 0 0 0 SHARON LADAY SECRETARY 2.00 X X 0 0 0 FRANK NAIRNE TREASURER 2.00 X X 0 0 0 TANYA KENNEDY JD TRUSTEE 2.00 X 0 0 0 PAUL BARRETT TRUSTEE 2.00 X 0 0 0 RUTH L FISCHBACH PHD TRUSTEE 2.00 X 0 0 0 HAYWARD S GILL JR TRUSTEE 2.00 X 0 0 0 ALAN B MCDOUGALL TRUSTEE 2.00 X 0 0 0 ALAN S ROEMER TRUSTEE 2.00 X 0 0 0 ALBERT VAN-LARE TRUSTEE 2.00 X 0 0 0 WENDY ROBINSON PRESIDENT AND CEO 40.00 X 194661 0 1714 CELESTE WALLIN DIRECTOR OF ADMINISTRATION 40.00 X 107005 0 10178 GALINA VILKINA HEAD OF FINANCE 40.00 X 102182 0 12018 CYNTHIA HUGHES VICE PRESIDNET 40.00 X 107798 0 11521 PAUL GYABAA-AMPONSAH COORDINATOR OF BIO SCIENCE 40.00 X 103698 0 11255 615344 0 46686 3 0 1 0 BLUE CHIP BUILDING MAINTENANCE INC 242 WEST 30TH STREET NEW YORK NY 10001 HOUSEKEEPING 125743 KAPLAN HIGHER EDUCATION PO BOX 203930 DALLAS TX 75320 TESTING FOR STUDENTS 100708 2 3630 34010 213875 251515 TUITION REVENUE 611600 5485026 5485026 CHEMISTRY LAB FEES 611600 361086 361086 CLINICAL NSG SKILLS 611600 186388 186388 APPLICATION FEES 611600 72750 72750 TESTING AND ACADEMIC REVENUE 611600 63160 63160 23423 23423 6191833 90938 90938 1820482 1878897 -58415 -58415 -58415 0 3630 25534 -25534 -25534 6450337 6191833 0 6989 133668 133668 427759 348546 73301 5912 2972126 2421743 509308 41075 13603 11084 2331 188 339354 276512 58152 4690 259134 211147 44406 3581 37734 37734 52096 52096 35541 35541 44174 44174 181885 101650 80235 305429 248715 54303 2411 836176 753513 73478 9185 13255 6911 6344 214062 190613 21071 2378 77951 68477 8560 914 EDUCATION 246454 246454 SUBSCRIPTIONS 104392 92455 10866 1071 HFCN TESTING 28875 28875 REPAIR AND MAINTENANCE 17836 16120 1525 191 122397 55255 66842 300 6463901 5211738 1180267 71896 383903 544385 2660698 2746759 157740 87151 155001 252021 2674676 1761947 1056395 912729 3269109 3435559 7682846 7978604 345293 382285 408084 478245 753377 860530 X 6140645 6322805 294204 300649 494620 494620 6929469 7118074 7682846 7978604 -13564 202169 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 494620 33565 28482 33565 494620 537453 -1320 41513 494620 541224 39567 43338 537453 503562 78697 41035 541224 494620 43565 34623 503562 0.00000 1.00000 0.00000 0 0 1133927 536298 597629 1159588 1060044 99544 381161 165605 215556 912729 X 6483297 202169 -133668 68501 6414796 35541 35541 6450337 6294692 0 6294692 35541 133668 169209 6463901 PART V, LINE 4: THE OBJECTIVE OF THE COLLEGE IS TO MAINTAIN THE PRINCIPAL ENDOWMENT FUNDS AT THE ORIGINAL AMOUNT DESIGNATED BY THE DONOR WHILE GENERATING INCOME FOR THE SPECIFIED PROGRAM. THE INVESTMENT POLICY TO ACHIEVE THIS OBJECTIVE IS TO INVEST IN CASH EQUIVALENTS AND OTHER LOW-RISK SECURITIES. PART X, LINE 2: THE COLLEGE HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2013 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FELLOWSHIPS -133,668. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FELLOWSHIPS 133,668. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH SEVERAL VENUES, INCLUDING ITS WEBSITE, IN ITS HUMAN RESOURCES AND STUDENT BROCHURES AND MANUALS AND ON OTHER DOCUMENTATION PROVIDED TO POTENTIAL APPLICANTS TO THE COLLEGE. LINE 6: HELENE FULD COLLEGE OF NURSING RECEIVED THE FOLLOWING GRANTS IN 2016: 1. BUNDY AID (STATE GRANT) - $6,658 2. HIGH NEEDS NURSING AID (STATE GRANT) - $18,231 3. LIBRARY COLLECTION AID (STATE GRANT) - $4,426 4. FEDERAL PELL GRANT - $1,645 5. FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY (FSEOG) GRANT - $3,050 GRANTS AND AID DETAILS: TYPE OF FINANCIAL AID PROVIDED # OF RECIPIENTS: LOUIS & RACHEL RUDIN FOUNDATION - 98 SWITZER AWARD - 10 WILLIAM T. MORRIS FOUNDATION - 15 AID FOR PART-TIME STUDY - 17 NYS TUITION ASSISTANCE PROGRAM - 137 FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT - 119 PELL GRANT - 299 TOTAL NUMBER OF RECIPIENTS - 695 **THE COLLEGE RECEIVES THE FOLLOWING AWARDS THAT DO NOT IMPACT THE COLLEGE'S PROFIT AND LOSS STATEMENT AS THE AWARDS ARE RECEIVED AND IMMEDIATELY DISBURSED TO SCHOLARSHIP/GRANT RECIPIENTS. US DEPARTMENT OF EDUCATION FEDERAL PELL GRANT PROGRAM - $547,955 FSEOG GRANT - $44,288 AID FOR PART-TIME STUDY (PART TIME TAP) - $10,956 NYS TUITION ASSISTANCE PROGRAM (TAP) - $173,906 TOTAL GRANTS - $777,105 LOANS - # OF RECIPIENTS - AMOUNT PRIVATE EDUCATIONAL LOAN - 26 - $220,500 FEDERAL SUBSIDIZED LOAN - 391 - $932,033 FEDERAL UNSUBSIDIZED LOAN - 473 - $1,836,396 TOTAL LOANS - $2,988,929 1 STUDENT SCHOLARSHIPS 284 133668 PART I, LINE 2: THE COLLEGE MONITORS THE SCHOLARSHIP ASSISTANCE PROGRAM BY REVIEWING EACH GRANTOR'S REQUIRED SCHOLARSHIP CRITERIA AND THEN HAVING THE STUDENT FILL OUT A SCHOLARSHIP APPLICATION IN ORDER TO SEE IF THE STUDENT MEETS THE CRITERIA. THE COLLEGE HAS A SCHOLARSHIP COMMITTEE WHO REVIEWS THE APPLICATIONS AND CRITERIA AND APPROVES SCHOLARSHIPS FOR EACH STUDENT. X 0 0 0 0 0 0 0 1 0 WENDY ROBINSON PRESIDENT AND CEO 189661 0 5000 0 0 0 0 0 1714 0 196375 0 0 0 PART I, LINE 7 THE BOARD OF TRUSTEES RETAINS THE RIGHT TO APPROVE OR DISAPPROVE ALL BONUSES. THE ANNUAL BONUS WAS GIVEN TO WENDY ROBINSON, PRESIDENT AND CEO, AT THE DISCRETION OF THE BOARD OF TRUSTEES AND WAS DETERMINED BASED ON THE HIGH QUALITY OF DR. ROBINSON'S PERFORMANCE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE HELENE FULD COLLEGE OF NURSING BOARD OF TRUSTEES PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE (IN EITHER AN ELECTRONIC OR PAPER FORMAT). THE FORM 990 IS PRESENTED TO THE HELENE FULD COLLEGE OF NURSING AUDIT COMMITTEE. THE FORM 990 IS REVIEWED IN DETAIL BY THE COLLEGE'S HEAD OF FINANCE AND PRESIDENT AND APPROVED FOR FILING AFTER THE BOARD OF TRUSTEES PROVIDE FINAL COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO BE IN COMPLIANCE WITH THE COLLEGE'S CONFLICT OF INTEREST POLICY. EACH INDIVIDUAL IS PROVIDED AN ANNUAL QUESTIONNAIRE/SURVEY THAT IS INTENDED TO DISCLOSE BUSINESS AND/OR FAMILY RELATIONSHIPS/INTERESTS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. THESE RESPONSES ARE MAINTAINED IN THE PRESIDENT'S OFFICE AND ARE REVIEWED ANNUALLY TO ENSURE COMPLIANCE WITH THE COLLEGE'S POLICY. IN 2016, NO CONFLICTS WERE DISCLOSED ON THE ANNUAL QUESTIONNAIRES SUBMITTED BY THE OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES THAT WERE NOT DISCLOSED ON THE FORM. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT OF THE COLLEGE IS DETERMINED BY THE COLLEGE'S BOARD OF TRUSTEES, THROUGH THE PERSONNEL COMMITTEE EVERY THREE YEARS, AND IS DESIGNED TO ENSURE THAT THE AMOUNT PAID IS REASONABLE. THE PRESIDENT'S SALARY WAS LAST INCREASED IN 2016 AS APPROVED BY THE BOARD. FOR ALL OTHER OFFICERS AND EMPLOYEES, COMPENSATION IS SET UPON HIRING AND THEN SUBJECT TO AN INCREASE AS RECOMMENDED BY THE PRESIDENT. HISTORICALLY, THE BOARD HAS APPROVED ANNUAL SALARY INCREASES FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY OF EACH AT THE ADDRESS LISTED ON PAGE 1 OF THIS RETURN. ANY INDIVIDUAL REQUESTING A COPY OF THESE DOCUMENTS IS PROVIDED THAT COPY ON THE SAME BUSINESS DAY. THE ORGANIZATION'S GOVERNING DOCUMENTS, AUDITED FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND AT MANAGEMENT'S DISCRETION. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.