2017-04-17T12:19:10-05:00 2016-05-31 161071694 SCIARABBA WALKER & CO LLP 410 EAST UPLAND ROAD ITHACA NY 14850 990 2015-06-01 150532204 ITHACA COLLEGE ITHA 6072743118 953 DANBY ROAD ITHACA NY 148507002 JANET WILLIAMS INTERIM VP FINANCE & ADMINISTRATION 6072743118 2017-04-17 1 DAVID M STINSON P00213287 6072725550 2015 2021-01-29 14:40:06Z TOM ROCHON 953 DANBY ROAD ITHACA NY 148507002 432474040 0 X WWW.ITHACA.EDU X 1892 NY FOUNDED AS THE ITHACA CONSERVATORY OF MUSIC IN 1892, ITHACA COLLEGE BECAME A NONPROFIT, PRIVATE COLLEGE IN 1931. DURING THE EARLY DECADES OF THE TWENTIETH CENTURY, THE ACADEMIC PROGRAM EXPANDED TO INCLUDE OTHER PROFESSIONAL FIELDS, AND AT MID-CENTURY, THE INSTITUTION BEGAN DEVELOPING THE LIBERAL ARTS CURRICULA THAT HAVE GRADUALLY EVOLVED INTO THE LARGE AND DIVERSE SCHOOL OF HUMANITIES AND SCIENCES. AS A RESULT OF THIS UNUSUAL HISTORY OF INTERWEAVING, TWO DISTINCT PROGRAMS, PROFESSIONAL AND LIBERAL STUDIES AT ITHACA COLLEGE ARE TODAY MUTUALLY SUPPORTIVE AND INTEGRAL PARTS OF A TOTAL ACADEMIC PROGRAM.ITHACA COLLEGE IS A FULLY ACCREDITED, COEDUCATIONAL, NONDENOMINATIONAL INSTITUTION OFFERING A BROADLY DIVERSIFIED PROGRAM OF PROFESSIONAL AND LIBERAL ARTS STUDIES. THE COLLEGE SEEKS DIVERSITY IN ITS STUDENT BODY AND ADMITS APPLICANTS ON THE BASIS OF INDIVIDUAL QUALIFICATIONS, WITHOUT REGARD TO RACE, CREED, OR NATIONAL ORIGIN. 23 19 5565 19 186036 -4397 17200714 11918471 322566333 341085473 17268376 7457755 1413362 277163 358448785 360738862 106235331 116949108 0 0 130305350 131376055 0 0 3380837 89728702 86784106 326269383 335109269 32179402 25629593 781737607 781142672 238530006 229449408 543207601 551693264 X TO PROVIDE A FOUNDATION FOR A LIFETIME OF LEARNING, ITHACA COLLEGE IS DEDICATED TO FOSTERING INTELLECTUAL GROWTH, AESTHETIC APPRECIATION, AND CHARACTER DEVELOPMENT IN OUR STUDENTS. THE ITHACA COLLEGE COMMUNITY THRIVES ON THE PRINCIPLES THAT KNOWLEDGE IS ACQUIRED THROUGH DISCIPLINE, COMPETENCE IS ESTABLISHED WHEN KNOWLEDGE IS TEMPERED BY EXPERIENCE, AND CHARACTER IS DEVELOPED WHEN COMPETENCE IS EXERCISED FOR THE BENEFIT OF OTHERS.A COMPREHENSIVE COLLEGE THAT SINCE ITS FOUNDING HAS RECOGNIZED THE VALUE OF COMBINING THEORY AND PERFORMANCE, ITHACA PROVIDES A RIGOROUSEDUCATION BLENDING LIBERAL ARTS AND PROFESSIONAL PROGRAMS OF STUDY. OUR TEACHING AND SCHOLARSHIP ARE MOTIVATED BY THE NEED TO BE INFORMEDBY, AND TO CONTRIBUTE TO, THE WORLD'S SCIENTIFIC AND HUMANISTIC ENTERPRISES. LEARNING AT ITHACA EXTENDS BEYOND THE CLASSROOM TO ENCOMPASS A BROAD RANGE OF RESIDENTIAL, PROFESSIONAL, AND EXTRACURRICULAR OPPORTUNITIES. 0 0 208477028 116675811 271773268 INSTRUCTION, RESEARCH, AND PUBLIC SERVICE: ITHACA COLLEGE ENROLLS ALMOST 6,800 STUDENTS AND OFFERS PRIMARILY UNDERGRADUATE DEGREES IN SEVERAL PROFESSIONAL AREAS AND THE ARTS AND SCIENCES. THESE SERVICES ARE THE COLLEGE'S PRIMARY MISSION. 43024425 156229 67814469 AUXILIARIES: SERVICES PROVIDED TO STUDENTS INCLUDING RESIDENCE, DINING HALLS, AND BOOKSTORE AND ENHANCE THE COLLEGE EXPERIENCE 26085430 117068 1497736 STUDENT SERVICES: STUDENT SUPPORT SERVICES INCLUDING ADMISSIONS, REGISTRAR, ATHLETICS, AND STUDENT CLUBS. THESE SERVICES CONTRIBUTE TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL-BEING. 21107263 2631 ACADEMIC SUPPORT: OFFICE OF THE DEANS, LIBRARY, ACADEMIC COMPUTING, AND CLIENT SERVICES, CONTINUING EDUCATION, CENTER FOR CULTURE, RACE AND ETHNICITY AND INTERNATIONAL PROGRAMS. THESE SERVICES SUPPORT THE COLLEGE'S PRIMARY MISSION OF INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. 21107263 2631 298694146 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 471 0 1 5565 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 X 23 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JANET WILLIAMS INTERIM VP OF FINANCE & ADMIN 6072743118 953 DANBY ROAD ITHACA COLLEGE ITHACA NY 148507002 THOMAS H GRAPE CHAIR, BOARD OF TRUSTEES 1.00 X X 0 0 0 DAVID LISSY VICE CHAIR, BOARD OF TRUSTEES 1.00 X X 0 0 0 DAVID BACHRACH TRUSTEE 1.00 X 0 0 0 MICHAEL A BATTLE TRUSTEE 1.00 X 0 0 0 MICHAEL J CONOVER TRUSTEE 1.00 X 0 0 0 MARK DICKER TRUSTEE 1.00 X 0 0 0 THADDEUS FORTIN TRUSTEE 1.00 X 0 0 0 DAVID A GIANNOTTI TRUSTEE 1.00 X 0 0 0 ADELAIDE P GOMER TRUSTEE 1.00 X 0 0 0 DAVID A LEBOW TRUSTEE 1.00 X 0 0 0 ELLIOT MAYROCK TRUSTEE 1.00 X 0 0 0 STEPHEN C MCCLUSKI TRUSTEE 1.00 X 0 0 0 JAMES W NOLAN JR TRUSTEE 1.00 X 0 0 0 SUSAN D PERVI TRUSTEE 1.00 X 0 0 0 KENNETH D POLLINGER TRUSTEE 1.00 X 0 0 0 LISA B PUNTILLO TRUSTEE 1.00 X 0 0 0 ARRIEN L C SCHILTKAMP TRUSTEE 1.00 X 0 0 0 DOUGLAS M WEISMAN TRUSTEE 1.00 X 0 0 0 KURT J WOLFGRUBER TRUSTEE 1.00 X 0 0 0 CIARA LUCAS TRUSTEE, STUDENT 1.00 X 0 0 0 THOMAS R ROCHON PRESIDENT 40.00 X X 410183 0 211140 CHRISTY AGNESE TRUSTEE, STAFF 40.00 X 57720 0 13013 MICHAEL E BUCK TRUSTEE, FACULTY 40.00 X 106492 0 10106 NANCY E PRINGLE SECRETARY, SENIOR VP & GC (NON-VOTING) 40.00 X X 234724 0 32448 CHRISTOPHER M BIEHN VP INSTITUTIONAL ADVANCEMENT 40.00 X 252652 0 38535 GERALD L HECTOR VP FINANCE & ADMINISTRATION 40.00 X 238037 0 13830 BENJAMIN G RIFKIN PROVOST & VP EDUCATIONAL AFFAIRS 40.00 X 124508 0 11817 GERARD R TURBIDE VP ENROLLMENT MANAGEMENT 40.00 X 135219 0 21122 ERIC D MAGUIRE VP ENROLLMENT MANAGEMENT 40.00 X 133632 0 12686 TIMOTHY R CAREY ASSOCIATE VICE PRESIDENT, FACILITIES 40.00 X 196104 0 18205 DIANE M GAYESKI DEAN, SCHOOL OF COMMUNICATIONS 40.00 X 187760 0 26048 SEAN F REID DEAN, SCHOOL OF BUSINESS 40.00 X 151746 0 20469 LINDA PETROSINO DEAN, SCHOOL OF HS & HP 40.00 X 196469 0 30543 KEITH W MCINTOSH ASSOCIATE VICE PRESIDENT & CIO 40.00 X 212536 0 18838 KARL PAULNACK DEAN, SCHOOL OF MUSIC 40.00 X 163623 0 27914 GWEN SEAQUIST PROFESSOR & LEGAL STUDIES PROGRAM COORDINATOR 40.00 X 178609 0 23966 JEFFREY W LIPPITT ASSOCIATE PROFESSOR AND CHAIR 40.00 X 169560 0 27302 STEPHEN TROPIANO DIRECTOR AND ASSOCIATE PROFESSOR 40.00 X 157143 0 20010 3306717 0 577992 184 0 1 0 SODEXO INC 10 EARHART DRIVE WILLIAMSVILLE NY 14221 FOOD AND FACILITIES MANAGEMENT 10256504 APOGEE ELECTRONICS CORP 715 W 23RD ST SUITE M AUSTIN TX 78705 COMMUNICATION AND INTERNET SERVICES 3321987 IES ABROAD 33 WEST MONROE STREET STE 3200 CHICAGO IL 60603 STUDY ABROAD PROFESSIONALS 2474624 CHALLENGE INDUSTRIES INC 950 DANBY RD SUITE 179 ITHACA NY 14850 VOCATIONAL ORGANIZATION SUPPORTING PEOPL 1264648 ARCHITECTURAL CONCRETE PLUS LLC 69 HILLISTER STREET DUNDEE NY 14850 GENERAL CONSTRUCTION 1083604 52 3000321 8918150 402701 11918471 TUITION & FEES 900099 267632976 267632976 ROOM 721000 38027449 38027449 BOARD 722210 25248134 25248134 SALES-EDUCATION DEPART 611710 4140292 4133211 7081 CAMPUS STORE 900099 3237438 3237438 2799184 2569211 229973 341085473 2500336 -51018 2551354 9573 9573 27905 0 27905 27905 27905 61444870 15247727 56487451 15247727 4957419 0 4957419 4957419 CONTRACT BONUS 900004 100000 100000 PAYMENT CARD REBATES 900004 52583 52583 FORFEITED MEDICAL DEPO 900004 35019 35019 52083 52083 239685 360738862 341088104 186036 7546251 316352 316352 113223125 113223125 3409631 3409631 2870652 2592604 278048 97716332 83497669 12370089 1848574 6777638 5747663 1029975 17074764 13945165 2498959 630640 6936669 5882527 1054142 488250 488250 513112 16786 496326 36080 36080 6662 6662 940585 940585 22859230 20131565 2616420 111245 719963 199934 517564 2465 6918499 4604957 2186166 127376 168864 45118 123746 5513062 5137804 375258 5152048 4434323 547862 169863 7193794 7193794 20047090 18439385 1607705 2446303 1591855 854448 RENTALS & LEASES 3303712 2237847 1065783 82 COGS - CAMPUS STORE, DI 2553281 2553281 REPAIRS & MAINTENANCE 2114445 1477653 636081 711 SMALL EQUIPMENT 1619251 1299051 313631 6569 4189875 2820411 1164200 205264 335109269 298694146 33034286 3380837 378455 2053395 100263769 121889187 3793709 4538313 2000776 2434552 9313367 9650542 859357 872442 3851561 2289503 611974607 244728232 370691840 367246375 175562797 61291393 113711734 208241235 1310242 635735 781737607 781142672 37545575 40245576 8984767 7770376 140446598 132467183 25400059 24685667 26153007 24280606 238530006 229449408 X 384604691 398286939 110211497 102762497 48391413 50643828 543207601 551693264 781737607 781142672 X 25629593 -16942204 -201726 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 6662 6662 0 PART II-B, LINE 1: PART II-B LINE 1I - OTHER ACTIVITIES: THE COLLEGE IS A MEMBER OF ORGANIZATIONS LISTED ON THE LOBBYING DISCLOSURE ACT DATABASE. LINE 1I REPORTS 25% OF MEMBERSHIP DUES PAID TO THESE ORGANIZATIONS DURING THE COLLEGE'S FISCAL YEAR. X X 2 101.00 1 1 20.00 1 289524654 2307097 -11984785 1646352 8431985 269768629 268451287 17276171 12339814 1495075 7047543 289524654 243514286 5730558 27784439 1525211 7052785 268451287 203488681 18178725 29585030 1450009 6288141 243514286 209669014 8498106 -8603229 1478047 4597163 203488681 0.69000 0.19000 0.12000 0 0 13315694 13315694 504039789 192899417 311140372 2756567 380217 2376350 64022654 34924893 29097761 27839903 16523705 11316198 367246375 HEDGE FUNDS & ABSOLUTE RETURN FUNDS 63443669 F PRIVATE EQUITY 118791854 F REAL ESTATE 26005712 F 208241235 U.S. GOVT GRANTS REFUNDABLE 8215711 COND. ASSET RETIREMENT OBLIG. 980609 INTEREST RATE SWAP AGREEMENTS 15084286 24280606 X 226348205 -16942204 163336 -16778868 243127073 940585 116671204 117611789 360738862 217497480 0 217497480 940585 116671204 117611789 335109269 PART II, LINE 9: THE CONSERVATION EASEMENTS ARE NOT REPORTED ON THE BALANCE SHEET OR IN FOOTNOTES TO THE ORGANIZATION'S FINANCIAL STATEMENTS. THE AMOUNTS ARE CONSIDERED IMMATERIAL. PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE SCHOLARSHIPS AND GRANTS, AND TO SUPPORT THE EDUCATIONAL PROGRAMS AT ITHACA COLLEGE. PART X, LINE 2: THE COLLEGE FOLLOWS ACCOUNTING GUIDANCE WHICH 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 GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE COLLEGE IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSES, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE TAX YEARS ENDED MAY 31, 2013, 2014, 2015 AND 2016 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON BOND RESTRUCTURING 163,336. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED ON FINANCIALS 116,671,204. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED ON FINANCIALS 116,671,204. 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'S NONDISCRIMINATORY POLICY APPEARS ON THE COLLEGE'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES VARIOUS FUNDING FROM GOVERNMENTAL SOURCES IN ITS ADMINISTRATION OF FINANCIAL AID PROGRAMS AND OTHER GRANT AWARDS. GOVERNMENTAL SOURCES INCLUDE THE US DEPARTMENT OF EDUCATION, THE US DEPARTMENT OF STATE, THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES, THE NATIONAL SCIENCE FOUNDATION, AND THE NEW YORK STATE EDUCATION DEPARTMENT. 1 EUROPE 1 28 STUDY ABROAD PROGRAM FOR COLLEGE STUDENTS IN LONDON EDUCATIONAL DEGREE PROGRAM, INCLUDING INTERNSHIPS IN MANY ACADEMIC AREAS AND A NINE-CREDIT INTENSIVE DRAMA COURSE. THE ITHACA COLLEGE LONDON CENTER IS RUN BY A DIRECTOR AND STAFF WHO HELP THE STUDENTS WITH THEIR DAILY PERSONAL AND ACADEMIC NEEDS. 1529592 EUROPE 1 13 INTERNATIONAL PROGRAMS - STUDY ABROAD PROGRAM - COLLEGE STUDENTS. INTERNATIONAL EDUCATIONAL PROGRAM, SHORT-TERM STUDY ABROAD IN MANY ACADEMIC AREAS. 133717 EAST ASIA AND THE PACIFIC 0 2 INTERNATIONAL PROGRAMS - STUDY ABROAD PROGRAM - COLLEGE STUDENTS. INTERNATIONAL EDUCATIONAL PROGRAM, SHORT-TERM STUDY ABROAD IN MANY ACADEMIC AREAS. 23969 CENTRAL AMERICA AND THE CARIBBEAN - 0 9 INTERNATIONAL PROGRAMS - STUDY ABROAD PROGRAM - COLLEGE STUDENTS. INTERNATIONAL EDUCATIONAL PROGRAM, SHORT-TERM STUDY ABROAD IN MANY ACADEMIC AREAS. 91369 EAST ASIA AND THE PACIFIC - 0 4 TRAVEL IN EAST ASIA & PACIFIC. ATTEND, SPEAK AT ACADEMIC CONFERENCES AND CONDUCT RESEARCH. 8637 NORTH AMERICA - CANADA AND MEXICO, BUT 0 44 TRAVEL IN CANADA & MEXICO ATTEND AND PRESENT PAPERS AT ACADEMIC CONFERENCES, CONDUCT RESEARCH AND RECRUIT STUDENTS 60500 RUSSIA & THE NEWLY INDEPENDENT STATES - 0 4 TRAVEL IN RUSSIA ATTEND AND PRESENT CONFERENCES. 10817 SOUTH AMERICA - ARGENTINA, BOLIVIA, 0 3 TRAVEL IN SOUTH AMERICA ATTEND AND PRESENT PAPERS AT ACADEMIC CONFERENCES, CONDUCT RESEARCH AND RECRUIT STUDENTS 8534 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 2 TRAVEL IN EUROPE INTERNATIONAL STUDENT RECRUITMENT. 9506 SOUTH ASIA - AFGHANISTAN, BANGLADESH, 0 1 TRAVEL IN SOUTH ASIA RESEARCH 500 SUB-SAHARAN AFRICA - ANGOLA, 0 2 TRAVEL IN SUB-SAHARAN AFRICA ATTEND, PRESENT PAPERS AT ACADEMIC CONFERENCES. 5217 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 52 TRAVEL IN EUROPE. ATTEND AND PRESENT PAPERS AT ACADEMIC CONFERENCES AND CONDUCT RESEARCH. 125519 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 3 TRAVEL IN EAST ASIA INTERNATIONAL STUDENT RECRUITMENT. 54234 CENTRAL AMERICA AND THE CARIBBEAN - 0 8 TRAVEL IN CENTRAL AMERICA AND THE CARIBBEAN ATTEND AND PRESENT PAPERS AT ACADEMIC CONFERENCES AND CONDUCT RESEARCH. 31448 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 INVESTMENTS INVEST 181665 CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS INVEST 51123943 2 107 0 68 2 175 1867135 51532032 53399167 GRANT/SCHOLARSHIP EUROPE 289 3105481 ELECTRONICALLY DEP TO STUDENT BILLING ACCOUNT GRANT/SCHOLARSHIP EAST ASIAN AND THE PACIFIC 1 24530 ELECTRONICALLY DEP TO STUDENT BILLING ACCOUNT GRANT/SCHOLARSHIP SUB-SAHARAN AFRICA 8 119283 ELECTRONICALLY DEP TO STUDENT BILLING ACCOUNT GRANT/SCHOLARSHIP SOUTH AMERICA 6 85766 ELECTRONICALLY DEP TO STUDENT BILLING ACCOUNT GRANT/SCHOLARSHIP MIDDLE EAST AND NORTH AFRICA 4 48810 ELECTRONICALLY DEP TO STUDENT BILLING ACCOUNT GRANT/SCHOLARSHIP SOUTH ASIA 2 25761 ELECTRONICALLY DEP TO STUDENT BILLING ACCOUNT 1 0 1 1 1 0 PART I, LINE 2: SCHOLARSHIPS GIVEN ARE DEPOSITED INTO THE STUDENT'S ACCOUNT TO BE USED FOR TUITION IN EDUCATIONAL PROGRAM. THE FUNDS EXPENDED FOR TRAVEL AND ATTENDING CONFERENCES ARE ACCOUNTED FOR WHEN TRAVEL REPORTS ARE SUBMITTED TO ITHACA COLLEGE. PART I, LINE 3: EXPENDITURES ARE REPORTED ON AN ACCRUAL BASIS ACCORDING TO GAAP, CONSISTENT WITH THE ITHACA COLLEGE METHOD OF ACCOUNTING. 1 HILLEL OF ITHACA COLLEGE 953 DANBY RD MULLER CHAPEL ITHACA NY 14850 521758795 501(C)(3) 88235 ANNUAL OPERATING PAYMENT OF $52,076 PLUS CONTRIBUTIONS RECEIVED & REMITTED BY ITHACA COLLEGE. UNITED CHRISTIAN FELLOWSHIP PROTESTANT COMMUNITY AT ITHACA COLLEGE 953 DANBY RD MULLER CHAPEL ITHACA NY 14850 150625200 501(C)(3) 59900 ANNUAL OPERATING PAYMENT OF $52,076 PLUS CONTRIBUTIONS RECEIVED & REMITTED BY ITHACA COLLEGE. ITHACA COLLEGE NEWMAN FOUNDATION 953 DANBY RD 1001 MULLER CHAPEL ITHACA NY 14850 161188280 501(C)(3) 60161 ANNUAL OPERATING PAYMENT OF $52,076 PLUS CONTRIBUTIONS RECEIVED & REMITTED BY ITHACA COLLEGE. NATIONAL MERIT SCHOLARSHIP CORPORATION 1560 SHERMAN AVE NO 200 EVANSTON IL 60201 362307745 501(C)(3) 41000 ANNUAL REMITTANCE TO MERIT SCHOLARSHIP PROGRAM. TOMPKINS COUNTY AREA DEVELOPMENT 401 E STATE ST SUITE 402B ITHACA NY 14850 166058339 501(C)(6) 15000 SUPPORT THE ORGANIZATION'S DEVELOPMENT OF LOCAL ECONOMY. CORNELL UNIVERSITY 341 PINE TREE RD ITHACA NY 14850 150532082 501(C)(3) 50000 AGENCY PAYMENT FOR OPERATING BUDGET FOR REV ITHACA STARTUP WORKS. PLANETARY SCIENCE INSTITUTE 1700 EAST FORT LOWELL SUITE 106 TUCSON AZ 85719 330175263 501(C)(3) 2056 PAYMENT TO SUBRECIPIENT OF FEDERAL GRANT (CFDA 43.001) 6 1 SCHOLARSHIPS TO ATTEND ITHACA COLLEGE 6041 113214574 STAFF SCHOLAR AWARDS 7 6000 FEDERAL GRANT SUBAWARD 1 2551 PART I, LINE 2: MONITORING ACTIVITIES OF GRANTS TO ORGANIZATIONS VARY BASED ON THE NATURE OF THE AGREEMENT WITH THE GRANTEE. ORGANIZATIONS OPERATING OUT OF THE MULLER CHAPEL (HILLEL, PROTESTANT COMMUNITY, AND NEWMAN FOUNDATION) ARE SUBJECT TO DIRECT OVERSIGHT BY COLLEGE EMPLOYEES. FOR GRANTS TO THE NATIONAL MERIT SCHOLARSHIP CORPORATION, TOMPKINS COUNTY AREA DEVELOPMENT, AND CORNELL UNIVERSITY, THE COLLEGE RELEGATES RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS TO INDIVIDUALS WITHIN THOSE ORGANIZATIONS. THE COLLEGE FOLLOWS THE OMB UNIFORM GUIDANCE WITH RESPECT TO MONITORING THE USE OF FUNDS OF SUBRECIPIENTS OF FEDERAL AWARDS (PLANETARY SCIENCE INSTITUTE). STUDENTS MUST MEET THE CRITERIA SPECIFIED IN THE SCHOLARSHIP PROGRAM IN ORDER TO RECEIVE THE SCHOLARSHIP. FOR ONGOING SCHOLARSHIPS, STUDENTS MUST CONTINUE TO MEET THE CRITERIA IN ORDER TO BE AWARDED A SCHOLARSHIP IN SUBSEQUENT YEARS. X 1 1 X X X 0 1 0 0 0 0 0 1 0 THOMAS R ROCHON PRESIDENT 388386 0 0 0 21797 0 146115 0 65025 0 621323 0 0 0 NANCY E PRINGLE SECRETARY, SENIOR VP & GC (NON-VOTIN 214523 0 350 0 19851 0 19746 0 12702 0 267172 0 0 0 CHRISTOPHER M BIEHN VP INSTITUTIONAL ADVANCEMENT 232536 0 0 0 20116 0 21735 0 16800 0 291187 0 0 0 GERALD L HECTOR VP FINANCE & ADMINISTRATION 231850 0 350 0 5837 0 0 0 13830 0 251867 0 0 0 GERARD R TURBIDE VP ENROLLMENT MANAGEMENT 135219 0 0 0 0 0 12184 0 8938 0 156341 0 0 0 TIMOTHY R CAREY ASSOCIATE VICE PRESIDENT, FACILITIES 192775 0 0 0 3329 0 17212 0 993 0 214309 0 0 0 DIANE M GAYESKI DEAN, SCHOOL OF COMMUNICATIONS 187060 0 700 0 0 0 16951 0 9097 0 213808 0 0 0 SEAN F REID DEAN, SCHOOL OF BUSINESS 151746 0 0 0 0 0 13950 0 6519 0 172215 0 0 0 LINDA PETROSINO DEAN, SCHOOL OF HS & HP 196119 0 350 0 0 0 18069 0 12474 0 227012 0 0 0 KEITH W MCINTOSH ASSOCIATE VICE PRESIDENT & CIO 192516 0 0 0 20020 0 17243 0 1595 0 231374 0 0 0 KARL PAULNACK DEAN, SCHOOL OF MUSIC 163623 0 0 0 0 0 15125 0 12789 0 191537 0 0 0 GWEN SEAQUIST PROFESSOR & LEGAL STUDIES PROGRAM CO 132081 0 0 0 46528 0 12242 0 11724 0 202575 0 0 0 JEFFREY W LIPPITT ASSOCIATE PROFESSOR AND CHAIR 162360 0 0 0 7200 0 15016 0 12286 0 196862 0 0 0 STEPHEN TROPIANO DIRECTOR AND ASSOCIATE PROFESSOR 118441 0 1500 0 37202 0 10913 0 9097 0 177153 0 0 0 PART I, LINE 1A THE PRESIDENT RECEIVES HOUSING PROVIDED BY ITHACA COLLEGE. THE ESTIMATED VALUE OF THIS NONTAXABLE BENEFIT IS $39,100 AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN (D). PART I, LINE 1A: CERTAIN EMPLOYEES RECEIVED TAXABLE HOUSING ALLOWANCES. THESE AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 4B THE PRESIDENT RECEIVES ANNUAL CONTRIBUTIONS TO A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THE VALUE OF THE CONTRIBUTION WAS $104,992 FOR THE YEAR ENDING MAY 31, 2016, AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C). PART I, LINE 7 IN ACCORDANCE WITH THE COLLEGE'S COMPENSATION POLICIES, EMPLOYEES WHO HAVE MADE SPECIFIC AND SIGNIFICANT ACCOMPLISHMENTS AND WHO HAVE PERFORMED WELL IN SUPPORT OF A PROJECT OR INITIATIVE DURING THE YEAR MAY BE RECOGNIZED WITH A ONE-TIME MERIT PAYMENT. THESE PAYMENTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN (B)(II). A TOMPKINS CTY INDUSTRIAL DEV AGENCY 161214039 890099CQ5 2004-11-10 31100000 CONSTRUCTION AND RENOVATION OF CAMPUS FACILITIES 0 0 0 B TOMPKINS CTY INDUSTRIAL DEV AGENCY 161214039 890099CZ5 2013-12-09 40290000 REISSUANCE OF SERIES 2005B BONDS. 0 0 0 C TOMPKINS CTY DEVELOPMENT CORPORATION 272290745 890096AT7 2011-04-07 25869342 ACQUISITION, CONSTRUCTION AND REFURBISHMENT OF FACILITIES. 0 0 0 D TOMPKINS COUNTY DEVELOPMENT CORPORATION 272290745 890096CC2 2015-09-24 49150749 REFUND SERIES 2007 AND 2008 BONDS 0 0 0 A 7100000 32424139 343050 412183 31325726 343180 2007 0 0 1 1 B 2770000 40290000 40290000 1 0 1 1 C 1900000 25871026 419663 257657 24993584 200122 2012 0 0 1 1 D 49150749 528070 48615761 6918 1 0 1 1 A 0 1 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 1 1 0 0 0 1 D 0 1 1 1 0 0 0 1 A 0 0 0 1 1 1 UBS AG 30.000000000000 0 0 0 NA 0 0 1 B 0 1 1 0 1 1 BANK OF AMERICA 12.600000000000 0 0 0 NA 0 0 1 C 0 0 0 1 0 0 0 NA 0 0 1 D 0 1 0 0 0 0 0 NA 0 1 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: TOMPKINS CTY INDUSTRIAL DEV. AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 11/10/2009 ISSUER NAME: TOMPKINS CTY DEVELOPMENT CORPORATION DATE THE REBATE COMPUTATION WAS PERFORMED: 04/20/2016 COLUMN A. PART II LINE 3: DIFFERENCE BETWEEN PART I(E) AND PART II LINE 3 IS DUE TO INTEREST EARNINGS ON BOND PROCEEDS. COLUMN A. PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN A. PART IV, LINE 2(B): PROCEEDS OF THE BONDS WERE EXPENDED AS OF THE LAST REBATE COMPUTATION DATE. TO THE EXTENT THAT NO FURTHER PROCEEDS ARISE WHICH BECOME ALLOCABLE TO THE BONDS, NO FURTHER CALCULATIONS OF REBATE LIABILITY ARE NECESSARY. COLUMN A. PART IV, LINE 2(C): THE REBATE COMPUTATION WAS PERFORMED ON NOVEMBER 10, 2009. BECAUSE ALL PROCEEDS OF THE BONDS WERE EXPENDED AS OF THAT DATE AND NO FURTHER PROCEEDS HAVE SINCE ARISEN, NO FURTHER REBATE COMPUTATION HAS BEEN PERFORMED. COLUMN B. PART I (F): THE ORIGINAL SERIES 2005 BONDS WERE ISSUED ON SEPTEMBER 29, 2005. COLUMN B. PART II, LINE 13: SINCE PROCEEDS OF THE BONDS WERE USED FOR CURRENT REFUNDING PURPOSES, THE YEAR OF SUBSTANTIAL COMPLETION IS NOT APPLICABLE. COLUMN B. PART III: BECAUSE PROCEEDS OF THE BONDS WERE USED TO REFUND BONDS ISSUED BEFORE JANUARY 1, 2003, THE ISSUER HAS NOT COMPLETED PART III WITH RESPECT TO THE BONDS. COLUMN B. PART IV, LINE 2: THE 5TH BOND YEAR HAS NOT OCCURRED, AND THUS NO REBATE COULD BE DUE. THE BONDS CONSIST OF A CURRENT REFUNDING, WHICH HAS MET AN EXCEPTION TO THE REBATE REQUIREMENT. NO REBATE CALCULATION HAS BEEN OR WILL EVER BE MADE, BEFORE OR AFTER THE DUE DATE OF AN 8038-T. COLUMN C. PART II LINE 3: DIFFERENCE BETWEEN PART I(E) AND PART II LINE 3 IS DUE TO INTEREST EARNINGS ON BOND PROCEEDS. COLUMN C. PART II, LINE 11: THIS AMOUNT INCLUDES STATE AND ISSUER ADMINISTRATIVE FEES. COLUMN C. PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN C. PART IV, LINE 2(C): THE FIFTH YEAR REBATE COMPUTATION WAS PERFORMED AS OF APRIL 7, 2016, AND DATED APRIL 20, 2016. COLUMN D. PART I (F): PROCEEDS OF THE BONDS WERE ISSUED TO CURRENTLY REFUND THE BORROWER'S OUTSTANDING REISSUED SERIES 2007 BONDS (ISSUED AUGUST 20, 2009) AND REISSUED SERIES 2008 BONDS (ISSUED SEPTEMBER 17, 2009) (COLLECTIVELY, THE "PRIOR BONDS"). COLUMN D. PART I (F): SINCE THE BONDS WERE ISSUED FOR THE PURPOSE OF REFUNDING PRIOR BONDS, A SUBSTANTIAL DATE OF COMPLETION IS NOT APPLICABLE TO THE BOND ISSUE. COLUMN D. PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. 123132 TUITION REDUCTION EDUCATIONAL BENEFITS X 43 393083 STOCK MARKET VALUE X PRINTERS 5 4995 CASH VALUE X SOFTWARE LICENSE 1 3990 CASH VALUE X ATHLETIC EQUIPMENT 1 540 CASH VALUE X MISCELLANEOUS 4 93 CASH VALUE 0 1 0 PART I, COLUMN (B): PART I LINES 25, 26, 27, AND 28: THE ORGANIZATION IS REPORTING THE NUMBER OF ITEMS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11 THE COLLEGE WORKS WITH AN EXTERNAL FIRM TO PREPARE AND REVIEW FORM 990. MEMBERS OF THE COLLEGE'S FINANCIAL SERVICES DEPARTMENT REVIEW THE FORM 990 BEFORE SUBMITTING IT TO THE AUDIT COMMITTEE FOR REVIEW. THE AUDIT COMMITTEE VOTES TO APPROVE THE FORM 990 FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND SENIOR MANAGEMENT COMPLETE ANNUAL CONFLICT OF INTEREST FORMS. THE FORMS ARE SUBMITTED TO THE SECRETARY OF THE BOARD AND ALL DISCLOSED CONFLICTS ARE FORWARDED TO THE CHAIR OF THE AUDIT COMMITTEE FOR REVIEW AND ON-GOING MONITORING. FORM 990, PART VI, SECTION B, LINE 15 A. THE BOARD OF TRUSTEES SUB-COMMITTEE ON COMPENSATION ANNUALLY COLLECTS COMPARABILITY DATA TO BE USED IN ESTABLISHING PRESIDENTIAL COMPENSATION. THIS DATA IS GATHERED USING THE ASSISTANCE OF NON-INTERESTED PARTIES INCLUDING EXTERNAL CONSULTANTS AND THE COLLEGE'S OFFICE OF HUMAN RESOURCES. THE SUB-COMMITTEE ON COMPENSATION MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE, WHICH HAS AUTHORITY TO APPROVE THE RECOMMENDATION. THE EXECUTIVE COMMITTEE REPORTS TO THE FULL BOARD THE DETAILS OF THE REVIEW AND COMPENSATION. B. HUMAN RESOURCES OBTAINS COMPARABILITY DATA ON COMPENSATION WHICH IS SHARED WITH THE PRESIDENT. THE DATA IS REVIEWED AND THE COMPENSATION COMMITTEE IS INFORMED OF THE DECISIONS. THE PRESIDENT ANNUALLY REVIEWS THE COMPENSATION POLICIES OF THE COLLEGE RELATED TO SENIOR OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE PUBLIC MAY LOOK ON THE SCHOOL'S WEBSITE OR CONTACT THE OFFICE OF THE VP OF FINANCE AND ADMINISTRATION IN ORDER TO REVIEW THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INT RATE SWAP AGREEMENTS 1,087,534. POSTRETIREMENT BENEFITS EXPENSE OTHER THAN NET PERIODIC COST 725,620. WRITE OFF OF CAPITAL GIFTS & OTHER ADDITIONS -9,116. GAIN ON BOND RESTRUCTURING 163,336. LOSS ON INTEREST RATE SWAP TERMINATION -2,169,100. 990, PART XI, LINE 2C, AUDIT COMMITTEE THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE SELECTION OF THE AUDITORS AND THE CONDUCT OF THE AUDIT. THAT FUNCTION HAS NOT CHANGED IN THE PAST YEAR.