2017-05-01T15:16:47-05:00 2016-06-30 221478099 COHNREZNICK LLP 4 BECKER FARM ROAD ROSELAND NJ 07068 990 2015-07-01 221529785 College of Saint Elizabeth COLL 9732904000 2 Convent Rd Morristown NJ 07960 Michael Fescoe vp finance and adminstration 9732904000 2017-04-28 1 THOMAS LANNING P00851654 9732283500 2015 2021-01-29 14:40:06Z HELEN J STREUBERT 2 Convent Rd Morristown NJ 07960 34405126 0 X www.cse.edu X 1899 NJ TO BE A COMMUNITY OF LEARNING IN THE CATHOLIC LIBERAL ARTS TRADITION FOR STUDENTS OF DIVERSE AGES, BACKGROUNDS, AND CULTURES. 22 21 622 21 0 0 4638127 4179241 32290195 28891431 1443506 51029 586285 1154423 38958113 34276124 10506088 9707884 0 0 14465577 13422948 19021 27639 817652 12045864 11347853 37036550 34506324 1921563 -230200 62037085 61496794 24294253 23939534 37742832 37557260 X The mission of the College of Saint Elizabeth, sponsored by the Sisters of Charity, is to be a community of learning in the Catholic liberal arts tradition for students of diverse ages, backgrounds, and cultures. Through the vision and core values of Elizabeth Ann Seton, Vincent DePaul, and Louise de Marillac and rooted in Gospel values and in Catholic social teaching, the College of Saint Elizabeth affirms its solidarity with the poor and its commitment in service to the community. 0 0 28259345 9707884 28974211 The College of Saint Elizabeth, a not-for-profit institution of higher education, is a college in the Catholic, liberal arts tradition. Founded as a liberal arts college for women in 1899 by the Sisters of Charity of Saint Elizabeth, the College was one of the first Catholic colleges in the United States to award degrees to women. The College became incorporated under New Jersey State Law in May 1900 and granted its first baccalaureate degrees in June 1903. Since then, the College has steadily developed and is now a co-educational institution classified among "Master's Colleges & Universities: Medium Programs" in the Carnegie system. The College offers 19 baccalaureate degree programs, 11 master's degree programs, 2 doctoral programs, and a variety of professional certifications and certificates. 28259345 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1906 0 1 622 1 0 0 0 0 0 1 1 0 0 0 0 X 22 21 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Michael Fescoe 9732904000 2 Convent Rd Morristown NJ 07960 Agans Sister Jeanne trustee 1.00 X 0 0 0 Butler Sister Patricia Secretary, Board of Trustees 1.00 X X 0 0 0 Byrne Emma N trustee 1.00 X 0 0 0 Colyer Kathleen Markey trustee 1.00 X 0 0 0 Crowley Sister Maureen trustee 1.00 X 0 0 0 Ford William S Jr trustee 1.00 X 0 0 0 Humphreys Sister Deborah trustee 1.00 X 0 0 0 Johanson Winifred M trustee 1.00 X 0 0 0 Lataille Ronald H trustee 1.00 X 0 0 0 Mancuso Peter V trustee 1.00 X 0 0 0 McGowen Gailon W Jr trustee 1.00 X 0 0 0 McNamara Donna B trustee 1.00 X 0 0 0 Mello Susan M trustee 1.00 X 0 0 0 Mertz Francis J trustee 1.00 X 0 0 0 Michel Susan M trustee 1.00 X 0 0 0 Moynihan Sister Rosemary Chair, Board of Trustees 1.00 X X 0 0 0 Painter Alan S trustee 1.00 X 0 0 0 Regan Katherine A trustee 1.00 X 0 0 0 Renyi Elizabeth M trustee 1.00 X 0 0 0 Rose Steven M trustee 1.00 X 0 0 0 Serratelli Most Rev Arthur J Bishop of Paterson 1.00 X 0 0 0 Streubert Helen J President and Treasurer 40.00 X X 236842 0 81770 Buck Katherine M VP for Student Life 40.00 X 122128 0 12182 Cammarata Maria R VP for Finance Administration 40.00 X 82248 0 3954 Ciccone Joseph Interim VP for Academic Affairs 40.00 X 110067 0 0 Cleary Sally VP for Institutional Advancement 40.00 X 140027 0 171 Guillory Monique VP for Academic Affairs 40.00 X 84061 0 12896 Scott Alexander VP for Enrollment Management 40.00 X 140030 0 0 colabraro anthony Asst VP Finance Administration 40.00 X 185179 0 8853 1100582 0 119826 14 0 1 0 Leegis Group Inc 2333 US Highway 22 West union NJ 07083 constructions services 1998233 Chartwells PO Box 417632 BOSTON MA 022417632 FOOD SERVICES 692670 Turtle & Hughes Inc 1900 Lower Road linden NJ 07036 constructions services 469413 ABM Janitorial Svcs Neast Inc PO Box 1534 new york NY 100081534 janatorial services 428020 Eastern DataComm Inc 44 Commerce Way hackensack NJ 07601 telephone system install services 362718 6 96751 2113469 1969021 427415 4179241 STUDENT TUITION AND FEES 611710 24951065 24951065 STUDENT ROOM AND BOARD 611710 3910638 3910638 OTHER PROGRAM REVENUE 611710 29728 29728 28891431 11661 11661 908571 0 908571 908571 908571 144393 105025 39368 39368 39368 15125 96751 23977 -8852 -8852 insurance claims proceeds 900099 171924 171924 social development 611710 47244 47244 campus store 611710 9903 9903 25633 25633 254704 34276124 28974211 0 1122672 9707884 9707884 862470 462648 259624 140198 10180502 8478995 1402601 298906 97682 79123 14652 3907 1298739 1058944 186031 53764 983555 796680 147533 39342 1468067 1088880 379187 25527 25527 99740 99740 27639 27639 136404 136404 365037 239326 125711 299592 297997 1595 1159687 656546 383143 119998 592567 253696 338172 699 1100 1100 2277351 1844654 341603 91094 297794 252327 39301 6166 45408 35285 6593 3530 669409 669409 1987541 1987541 349702 120956 228746 residence halls 447640 447640 membership 204414 83507 112469 8438 publications 178838 147454 31384 recruiting services 166812 166812 575223 51350 499902 23971 34506324 28259345 5429327 817652 4046903 1098019 3209336 3198811 556148 252336 1017352 671266 589376 608914 361099 230985 80051635 46500676 32062368 33550959 19102600 20866643 213017 193916 878886 824945 62037085 61496794 2392853 2656327 228491 517679 21132840 20302103 540069 463425 24294253 23939534 X 12494721 14041890 14300555 12543616 10947556 10971754 37742832 37557260 62037085 61496794 -230200 44628 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19461065 116320 -53027 1058618 18465740 19525920 247232 981542 1112568 181061 19461065 18578699 526867 2535531 1974167 141010 19525920 19431648 331101 2280377 3320196 144231 18578699 20932290 402166 635493 2384319 153982 19431648 0.10060 0.59420 0.30520 0 0 87750 87750 50761230 24834902 25926328 12321683 11143213 1178470 16880972 10522561 6358411 33550959 ADVANCES FROM GOVERNMENT - FOR STUDENT LOANS 394032 DUE TO SISTERS OF CHARITY OF SAINT ELIZABETH 69393 463425 X 24531692 44628 31251 -9707884 -9632005 34163697 136404 -23977 112427 34276124 24717264 31251 23977 55228 24662036 136404 9707884 9844288 34506324 Part V, Line 4: INCLUDED IN NET ASSETS ARE CURRENT QUASI-ENDOWMENT FUNDS WHOSE ASSETS HAVE BEEN DESIGNATED BY THE BOARD OF TRUSTEES TO BE USED FOR OPERATING AND PLANT EXPENSES, RESPECTIVELY. INCLUDED IN TEMPORARILY RESTRICTED NET ASSETS ARE UNSPENT DONOR RESTRICTED GIFTS TO BE USED TO SUPPORT FUTURE OPERATIONS AND EARNINGS ON PERMANTENTLY RESTRICTED ENDOWMENTS, WHICH WILL BE SPENT IN ACCORDANCE WITH THE TERMS OF THE ENDOWMENT IN SUBSEQUENT PERIODS. INCLUDED IN PERMANENTLY RESTRICTED NET ASSETS ARE ENDOWMENT FUNDS WHICH INCLUDE ASSETS WHOSE EARNINGS HAVE BEEN DONOR-RESTRICTED FOR THE FOLLOWING PURPOSES: 1. SCHOLARSHIP ENDOWMENT FUND FOR NAMED SCHOLARSHIPS TO STUDENTS; 2. GERALDINE D. RIORDAN ENDOWMENT FUND FOR THE OPERATIONS OF THE GERALDINE D. RIORDAN VOLUNTEER CENTER; 3. SCIENCE ENDOWMENT FUND FOR THE PURCHASE OF EQUIPMENT FOR THE SCIENCE DEPARTMENTS; 4. SETON ENDOWMENT FUND FOR THE OPERATION OF THE GRADUATE PROGRAM IN EDUCATION; 5. MALONEY ENDOWMENT FUND FOR FACULTY DEVELOPMENT. Part X, Line 2: no provision for income taxes was required for 2016 and 2015. There are certain transactions that could be deemed unrelated business income and would result in a tax liability. Management reviews transactions to estimate potential tax liabilities using a threshold of more likely than not. It is management's estimation that there are no material tax liabilities that need to be recorded. The College has no unrecognized tax benefits at June 30, 2016 and 2015. The College's Federal and state tax filings prior to fiscal year 2013 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. Part XI, Line 2d - Other Adjustments: student aid -9,707,884. Part XI, Line 4b - Other Adjustments: fundraising expenses -23,977. Part XII, Line 2d - Other Adjustments: fundraising expenses 23,977. Part XII, Line 4b - Other Adjustments: student aid 9,707,884. 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 INSTITUTION'S RACIALLY NON-DISCRIMINATORY POLICY IS DISCLOSED IN ALL ADMISSION MATERIAL, THE OFFICIAL COLLEGE CATALOG, PUBLIC ANNOUNCEMENTS, ETC. Schedule E, Part I, Line 6 the organization received financial aid and assistance from the government. X X X X X X X 1 Ruffalo Noel Levitz PO Box 718 DesMoines IA 503030718 phonathon 0 88912 27639 61273 88912 27639 61273 gala 111876 96751 15125 10625 2000 11352 111876 96751 15125 10625 2000 11352 23977 -8852 1 scholarships 477 9707884 fmv financial aid Part I, Line 2: THE COLLEGE (PRIMARILY THE FINANCIAL AID DEPARTMENT) MONITORS STUDENTS' FILES TO ENSURE THAT THEY RECEIVE THE NECESSARY FINANCIAL AID ASSISTANCE BASED ON GRADES, COURSE OF STUDY, FINANCIAL NEED, ETC. STUDENT FILES ARE REVIEWED ON AN ANNUAL BASIS TO ENSURE THAT THEY MEET ELIGIBILITY REQUIREMENTS. X 1 1 X X X 0 0 0 0 0 0 0 0 0 Streubert Helen J President and Treasurer 228844 0 0 0 7998 0 0 0 81770 0 318612 0 0 0 colabraro anthony Asst VP Finance Administration 185002 0 0 0 177 0 0 0 8853 0 194032 0 0 0 Part I, Line 1a THE ORGANIZATION PROVIDES A RESIDENCE FOR THE PERSONAL USE OF THE PRESIDENT OF THE COLLEGE. THE FMV OF THE USE OF THAT RESIDENCE HAS BEEN INCLUDED IN THE PRESIDENT'S NON-TAXABLE BENEFITS. A NJEFA 221829511 646065SM5 2008-05-29 24090000 building construction and renovation 0 0 0 A 4500000 24090000 625494 345774 23118732 2009 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 0 0 0 1 A 1 SCHEDULE K, PART IV, LINE 2: THE REBATE COMPUTATION WAS PERFORMED ON JUNE 30, 2010. X 1000 fmv X 18 425115 fmv X club membership 1 1300 fmv 0 1 0 Part I, Column (b): amounts in column b represent the number of contributors. Form 990, Part VI, Section A, line 6 The members of the college shall consist of not fewer than five nor more than seven members, all of whom shall be members of the sisters of charity of saint Elizabeth or any successor entity and the president of the college. Form 990, Part VI, Section A, line 7a the members shall have the sole right to elect members and elect members of the board, fix the number of members and the number of elected trustees and remove elected trustees with or without cause. Form 990, Part VI, Section B, line 11 THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION AND IN CONSULTATION WITH THE ORGANIZATION'S STAFF. THE DRAFT PREPARED BY THE ACCOUNTING FIRM IS THEN CAREFULLY REVIEWED BY THE ORGANIZATION. THE DOCUMENT IS FURTHER REVIEWED AND APPROVED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES AND THEN PROVIDED TO THE BOARD OF TRUSTEES OF THE COLLEGE. IT IS FILED WITH THE INTERNAL REVENUE SERVICE AND SUBSEQUENTLY AVAILABLE ON GUIDESTAR.ORG. Form 990, Part VI, Section B, line 12c OFFICERS, DIRECTORS, AND SELECTED EMPLOYEES (BASED ON THEIR LEVEL OF RESPONSIBILITY) ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM. THESE FORMS ARE SENT DIRECTLY TO THE DIRECTOR OF HUMAN RESOURCES WHO THEN REVIEWS THEM WITH THE PRESIDENT AND THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. THE TRUSTEES' CONFLICT OF INTEREST FORMS ARE REVIEWED DIRECTLY BY THE PRESIDENT OF THE COLLEGE. Form 990, Part VI, Section B, line 15 COMPENSATION OF OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION IS DETERMINED BY INDEPENDENT PERSONS WHO REVIEW DATA INCLUDED ON: FORM 990 OF OTHER SIMILAR ORGANIZATIONS, COMPENSATION SURVEY DATA SUPPLIED BY THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RECOURCES (CUPA-HR), AND BENCHMARK DATA OF PEER AND ASPIRANT INSTITUTIONS. THE DIRECTOR OF HUMAN RESOURCES COORDINATES THE PROCESS AND HOUSES THE AFOREMENTIONED SUPPORTING DOCUMENTS. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS ARE HOUSED IN THE PRESIDENT'S OFFICE AND ARE ALSO AVAILABLE TO THE PUBLIC UPON REQUEST. form 990, part xii, line 2c: the organization has a committee responsible for the oversight of the audit as well as the selection of the independent accountant. sisters of charity of saint elizabeth Po Box 476 convent station NJ 07961 221487343 church NJ 501(c)(3) Line 1 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0