2016-10-31T08:21:38-05:00 2015-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2015-01-01 133705284 HELENE FULD COLLEGE OF NURSING HELE 2126167200 24 EAST 120TH STREET NEW YORK NY 10035 WENDY ROBINSON PRESIDENT AND CEO 2126167200 2016-10-24 1 AARON SHAPIRO P01333816 2128674000 2015 2017-02-10 21:41:12Z WENDY ROBINSON 24 EAST 120TH STREET NEW YORK NY 10035 8497248 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. 12 12 108 14 0 0 260757 263252 6835882 7461020 107574 136782 0 -5116 7204213 7855938 208379 211452 0 0 3895831 4088724 0 0 184922 2113007 2210247 6217217 6510423 986996 1345515 6557510 7682846 828014 753377 5729496 6929469 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 5233454 211452 7461020 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. 5233454 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 78 0 108 1 0 0 0 0 0 1 1 0 0 0 0 X 12 12 1 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 RUTH L BROWN RN 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 PAUL S BARNETT TRUSTEE 2.00 X 0 0 0 RUTH L FISCHBACH PHD TRUSTEE 2.00 X 0 0 0 JEANINE M FRUMENTI TRUSTEE 2.00 X 0 0 0 HAYWARD S GILL JR TRUSTEE 2.00 X 0 0 0 AMELIA K MCDONALD TRUSTEE (UNTIL APRIL 2015) 2.00 X 0 0 0 ALAN B MCDOUGALL TRUSTEE 2.00 X 0 0 0 SUZANNE C RICE 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 STEPHEN FRAUENTHAL TRUSTEE (UNTIL MAY 2015) 2.00 X 0 0 0 WENDY ROBINSON PRESIDENT AND CEO 40.00 X 188593 0 1460 CELESTE WALLIN DIRECTOR OF ADMINISTRATION 40.00 X 118370 0 10490 GALINA VILKINA HEAD OF FINANCE 40.00 X 104844 0 10850 PAUL GYABBAH-AMPONSAH COORDINATOR OF BIO SCIENCES 40.00 X 110129 0 10283 521936 0 33083 4 0 1 0 KAPLAN HIGHER EDUCATION PO BOX 203930 DALLAS TX 75320 TESTING FOR STUDENTS 148500 BLUE CHIP BUILDING MAINTENANCE INC 242 WEST 30TH STREET NEW YORK NY 10001 HOUSEKEEPING 110378 2 8090 38299 216863 263252 TUITION REVENUE 611600 6650232 6650232 CHEMISTRY LAB FEES 611600 400837 400837 CLINICAL NSG SKILLS 611600 227564 227564 TESTING AND ACADEMIC R 611600 79944 79944 APPLICATION FEES 611600 68565 68565 33878 33878 7461020 82519 82519 679385 625122 54263 54263 54263 9775 8090 16188 -6413 -6413 RECOVERY FROM NORTH GE 900099 1297 1297 1297 7855938 7461020 0 131666 211452 211452 434607 342072 75918 16617 3049127 2399922 532625 116580 345643 272052 60377 13214 259347 204128 45303 9916 19287 19287 56511 56511 33666 33666 16918 16918 101230 101230 328601 268015 57963 2623 771995 695677 67838 8480 6817 3443 3304 70 217451 195955 19108 2388 73011 63934 7831 1246 EDUCATION 327321 327321 SUBSCRIPTIONS 90113 80021 8012 2080 HFCN TESTING 24355 24355 142971 43877 87386 11708 6510423 5233454 1092047 184922 198529 383903 2544462 2660698 149407 157740 137301 155001 2604280 1547885 1185377 1056395 2342434 3269109 6557510 7682846 375608 345293 452406 408084 828014 753377 X 4896768 6140645 338108 294204 494620 494620 5729496 6929469 6557510 7682846 1345515 -145542 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 537453 -1320 41513 494620 541224 39567 43338 537453 503562 78697 41035 541224 494620 43565 34623 503562 494620 1868 1868 494620 0.00000 1.00000 0.00000 0 0 1100965 405844 695121 1129261 1024620 104641 374054 117421 256633 1056395 X 7465278 -145542 -211452 -356994 7822272 33666 33666 7855938 6265305 0 6265305 33666 211452 245118 6510423 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, 2012 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FELLOWSHIPS -211,452. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FELLOWSHIPS 211,452. 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 2015: 1. BUNDY AID (STATE GRANT) - $6,620 2. HIGH NEEDS NURSING AID (STATE GRANT) - $23,650 3. LIBRARY COLLECTION AID (STATE GRANT) - $4,096 4. FEDERAL PELL GRANT - $1,375 5. FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY (FSEOG) GRANT - $2,558 GRANTS AND AID DETAILS: TYPE OF FINANCIAL AID PROVIDED # OF RECIPIENTS: LOUIS & RACHEL RUDIN FOUNDATION - 147 SWITZER AWARD - 22 WILLIAM T. MORRIS FOUNDATION - 14 AID FOR PART-TIME STUDY - 18 NYS TUITION ASSISTANCE PROGRAM - 169 FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT - 123 PELL GRANT - 365 TOTAL NUMBER OF RECIPIENTS - 858 **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 - $714,646 FSEOG GRANT - $45,048 AID FOR PART-TIME STUDY (PART TIME TAP) - $12,288 NYS TUITION ASSISTANCE PROGRAM (TAP) - $207,184 TOTAL GRANTS - $979,166 LOANS - # OF RECIPIENTS - AMOUNT PRIVATE EDUCATIONAL LOAN - 22 - $156,715 FEDERAL SUBSIDIZED LOAN - 519 - $1,263,358 FEDERAL UNSUBSIDIZED LOAN - 567 - $2,169,677 TOTAL LOANS - $3,589,750 70TH ANNIVERSARY 17865 8090 9775 9775 1126 5287 17865 8090 9775 9775 1126 5287 16188 -6413 1 0 0 STUDENT SCHOLARSHIPS 284 211452 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 0 0 WENDY ROBINSON PRESIDENT AND CEO 188593 0 0 0 0 0 0 0 1460 0 190053 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD OF TRUSTEE MEMBERS JAMES C. FRAUENTHAL, PH. D., (CHAIRPERSON) AND STEPHEN FRAUENTHAL HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 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 2015, 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, AND IS DESIGNED TO ENSURE THAT THE AMOUNT PAID IS REASONABLE. THE PRESIDENT'S SALARY IS INCREASED 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.