2016-05-16T10:06:10-07:00 2015-06-30 990 2014-07-01 131740447 COLLEGE OF NEW ROCHELLE COLL 9146545000 29 Castle Place New Rochelle NY 10805 KEITH BORGE VP Financial Affairs 9146545552 2016-05-13 2014 2016-08-17 19:52:53Z Betty J Roberts 29 Castle Place New Rochelle NY 10989 66791858 0 X www.cnr.edu X College 1904 NY The College of New Rochelle's mission is to provide access to education. It currently educates 4,000 students annually by providing both undergraduate and graduate education. The College has four schools, School of Arts and Sciences, School of Nursing, Graduate School and the School of New Resources. The college also provides room and board facilities for those students who choose to live on campus. 24 23 1320 0 0 0 3589795 3817134 61241240 59955557 5112952 2833370 106655 185797 70050642 66791858 12390853 11854285 0 0 36579139 34896513 0 97500 3385507 23833578 23308997 72803570 70157295 -2752928 -3365437 110826284 106080162 82803784 81032826 28022500 25047336 The College of New Rochelle is dedicated to the education of women and men in the liberal arts and in professional studies. Building upon its original commitment to women, the College also reaches out to those who have not previously had access to higher education; it places particular emphasis on the concept of lifelong learning. The College is committed to a respect and concern for each individual. 0 0 51915253 11854285 55161386 Higher Education: The College of New Rochelle provides undergraduate and graduate education for more than 4000 students annually. The students attend the School of Arts & Sciences, the School of Nursing, the School of New Resources and the Graduate School 0 0 0 Room and board for students residing on campus and general fees for all students 0 0 0 51915253 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 42 0 1 1320 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X Betty Roberts 9146545553 29 Castle Place New Rochelle NY 10805 Gwen Adolph Trustee 1 0 X 0 0 0 Rosa Barksdale Trustee 1 0 X 0 0 0 Karen Calo Trustee 1 0 X 0 0 0 Lillian Brennan Carney Trustee 1 0 X 0 0 0 Tyronne Davis Trustee 1 0 X 0 0 0 Cynthia DiPietrantonio Trustee 1 0 X 0 0 0 Carla Romita Eccleston Trustee 1 0 X 0 0 0 Peter Javier Trustee 1 0 X 0 0 0 Celeste Johnson Trustee 1 0 X 0 0 0 Regina Kehoe Trustee 1 0 X 0 0 0 Judy Kenny Trustee 1 0 X 0 0 0 Elizabeth LeVaca Trustee 1 0 X 0 0 0 Margaret Ann Moser Trustee 1 0 X 0 0 0 Leo O'Donovan Trustee 1 0 X 0 0 0 Ann Peterson Trustee 1 0 X 0 0 0 James Reichbach Trustee 1 0 X 0 0 0 Jane Scully Reichle Trustee 1 0 X 0 0 0 Kevin Service Trustee 1 0 X 0 0 0 Diana Stano Trustee 1 0 X 0 0 0 Joan Woodcome Trustee 1 0 X 0 0 0 Hugh Johnston Trustee 1 X 0 0 0 John Nocholson Trustee 1 X 0 0 0 Saddie Smith Trustee 1 X 0 0 0 Judith Huntington President 40 X 381940 0 0 Betty Roberts VP Finance & Administration 40 X 198462 0 0 Dorothy Escribano Provost & Senior VP Academic Affairs 40 X 270000 0 0 Colette Geary SVP Strategic Initiatives 40 X 216300 0 0 Kevin Cavanagh VP Enrollment Management 40 X 220000 0 0 Brenna Mayer VP College Advancement 40 X 219391 0 0 Elaine White VP Student Servives 40 X 150000 0 0 H Michael Dreher Dean 40 X 175000 0 0 Warren Andrews Chief Information Officer 40 X 160000 0 0 Keith Borge Controller 40 X 152240 0 0 Richard Thompson Dean 40 X 151539 0 0 Darryl Jones Dean 40 X 145000 0 0 2439872 0 0 50 0 1 0 DB Systems Corp 34 S Broadway Suite 601 White Plains NY 10601 computer database services 2493866 Culinart 175 Sunnyside Blvd Plainview NY 11803 food service 1928950 Waldorf Risk Solutions 30 Prospect St Huntington NY 11743 insurance 540963 Spark451 865 Merrick Ave Suite 451 Westbury NY 11590 Advertising and recruitment services 1324769 Hobsons Inc PO Box 505208 St Louis MO 63150 Student recruitment services 554401 24 0 0 0 0 2013226 1803908 35000 3817134 Tuition and Fees 611310 55161386 55161386 0 0 Room and Board 611310 2429425 2429425 0 0 General Fees 611310 1530730 1530730 0 0 Other Auxiliary 611310 834016 834016 0 0 0 0 0 0 59955557 2707888 2707888 0 0 125482 125482 0 0 0 0 0 0 0 0 0 0 0 185797 185797 0 0 185797 66791858 62974724 0 0 X 0 0 11854285 11854285 0 0 0 0 580402 0 580402 0 28633467 22462361 5140144 1030962 315789 247730 56689 11370 3752317 2943615 673598 135104 1614538 1266572 289834 58132 244355 0 244355 0 167220 0 167220 0 19942 19942 0 0 97500 97500 117000 0 117000 0 2588061 2148091 0 439970 4466304 2057891 2103274 305139 2759343 689836 1379671 689836 5239413 2367026 2521411 350976 2509192 2082629 326195 100368 2531365 2101033 329077 101255 730121 0 730121 0 Payments to food service 1674242 1674242 0 0 Telephone 119229 0 119229 0 Postage & Shipping 143210 0 78315 64895 70157295 51915253 14856535 3385507 487209 369706 0 0 10800834 11142450 3236055 3794830 0 0 0 0 4712576 4821244 0 0 626487 548771 129535927 71210153 58003416 58325774 21002554 14639429 0 0 0 0 0 0 11957153 12437958 110826284 106080162 5598197 3736480 0 5043986 9153250 55639318 52884406 9000000 9000000 7522283 6258690 82803784 81032826 X 20329311 17940315 2775019 2081584 4918170 5025437 28022500 25047336 110826284 106080162 X -3365437 -2781026 0 117000 0 3054299 X 1 X 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 2600000 0 2600000 0 21002554 132980 52344 153977 6277472 117000 14639429 19955584 25000 9211213 155435 7926159 107649 21002554 21177499 107000 2408116 295193 4310838 131000 18955584 23260387 7050 -1683202 258736 0 148000 21177499 19539540 165983 4009935 317071 0 138000 23260387 0.59 0.41 0 0 0 0 2587030 2587030 0 93430355 43026553 50403802 0 0 0 0 0 33320287 28183600 5136687 0 198255 0 198255 58325774 Bond Discount & cost of issuance 1061402 Beneficial Interest in Perpetual Trust 368952 Investments 3407299 Deposits with Bond Trustees 2208015 Government Receivables under student aid programs 4305668 Employee accounts receivable 414949 Prepaid Expenses 671673 12437958 292498 Interest Rate SWAP 3199190 Accrued Post Retirement Benefit Obligation 965000 US Government Grants Refundable 1802002 6258690 X 67091636 416778 0 0 0 416778 66674858 117000 0 117000 66791858 70157295 0 0 0 117000 117000 70040295 117000 0 117000 70157295 Schedule D, Part III, Line 4 The photographs are displayed and used for instructional purposes Schedule D, Part V, Line 4 Endowment Fund earnings are sued to provide scholarships to students Schedule D, Part X, Line 2 After reviewing all financial information the administration has determined that FIN 48 will not affect the College Schedule D, Part XII, Line 2d Investment Exoenses 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 racial non-discriminatory policy through advertisement, website and various forms of media as well as during periods of student registration Schedule E, Part I, Line 6 Students receive PELL grants and SEOG awards from the federal government and TAP awards from New York State X X X X X X X 0 NY 1 grants and scholarships provided by the College 3200 11854285 scholarships and grants awarded by the financial aid office Schedule I, Part I, Line 2 College funded scholarships and grants as well as scholarships and grants from restricted sources (need and merit based) provided to students of the four schools of the College. The scholarships are credited to student accounts and are monitored through the financial aid office in conjunction with the controller's office X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Judith Huntington President 381940 0 0 0 0 0 7800 0 18655 0 408395 0 408411 0 Dorothy Escribano Provost & Senior VP Academic Affairs 270000 0 0 0 0 0 7488 0 8966 0 286454 0 286305 0 Kevin Cavanagh VP Enrollment Management 220000 0 0 0 0 0 6600 0 0 0 226600 0 0 0 Colette Geary SVP Strategic Initiatives 216300 0 0 0 0 0 6489 0 0 0 222789 0 231708 0 Brenna Mayer VP College Advancement 219391 0 0 0 0 0 6582 0 10762 0 236735 0 242372 0 Betty Roberts VP Finance & Administration 198462 0 0 0 0 0 5458 0 7557 0 211477 0 0 0 Elaine White VP Student Servives 150000 0 0 0 0 0 4500 0 14739 0 169239 0 0 0 H Michael Dreher Dean 175000 0 0 0 0 0 404 0 1520 0 176924 0 0 0 Warren Andrews Chief Information Officer 160000 0 0 0 0 0 4800 0 0 0 164800 0 0 0 Keith Borge Controller 153340 0 0 0 0 0 4567 0 9257 0 167164 0 235043 0 Richard Thompson Dean 151539 0 0 0 0 0 4546 0 11607 0 167692 0 169548 0 Darryl Jones Dean 145000 0 0 0 0 0 4350 0 0 0 149350 0 169548 0 Schedule J, Part I, Line 1a College housing was provided for the President and the SVP for Strategic Initiatives A Dormitory Authority of the State of New York 131740447 6499032G5 2008-08-06 40000000 Defease NYCIDA 1995 and 1997 and replace construction loan 0 0 0 A 0 9927463 40000000 0 0 0 115349 0 2219633 28960832 0 0 2009 0 1 1 1 A 0 0 0 0 0 0 0 1 0 1 A 1 1 1 RBS Citizens 10 0 0 0 0 1 Castle Oil Trustee 180932 purchase of heating oil at FMV 0 Form 990, Part VI, Section B, Line 11b A draft copy of the Form 990 is reviewed by the Audit Committee of the Board of Trustees. Any questions are addressed by the administration and our auditors. A copy of the Form 990 is provided to all Board of Trustees members prior to filing. Form 990, Part VI, Section B, Line 12c Conflict of interest statements are completed annually by Board of Trustees, Officers and key employees and are reviewed by the College's attorney Form 990, Part VI, Section B, Line 15 The compensation of officers and key employees is reviewed and compared to comparable published compensation data for similar institutions using national administrative compensation surveys. The chair of the Board of Trustees in conjunction with the Compensation Committee of the Board reviews the compensation data. This process is documented. Form 990, Part VI, Section C, Line 19 The documents are distributed upon request Form 990, Part IX, Line 9 Change in value of Perpetual Trust $-25713 Form 990, Part XI, Line 9 Change in value of Perpetual Trust is _25,713 The College filed IRS Form 8868 to request an extension and was provided an extension until May 5, 2016