2015-05-15T17:11:13-07:00 2014-06-30 990 2013-07-01 131740447 COLLEGE OF NEW ROCHELLE COLL 9146545000 29 Castle Place New Rochelle NY 10805 KEITH BORGE VP Financial Affairs 9146545552 2015-05-14 2013 2016-03-07 17:11:31Z The College of New Rochelle 29 Castle Place New Rochelle NY 10805 77397509 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. 25 25 1389 0 0 0 8103512 3589795 63171748 61241240 589948 5112952 0 106655 71865208 70050642 10842131 12390853 0 0 37606364 36579139 0 0 3264072 24134493 23833578 72582988 72803570 -717780 -2752928 112313153 110826284 82449554 82803784 29863599 28022500 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 53386759 12390853 56533703 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 4707537 Room and board for students residing on campus and general fees for all students 0 0 0 53386759 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 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 48 0 1 1389 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X Betty Roberts 9146545552 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 Kathleen Finnerty Trustee 1 0 X 0 0 0 Joan Freilich Trustee 1 0 X 0 0 0 Karen Helfenstein 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 Christianne Ricchi 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 Joan Bailey Special Assistant to the President 40 0 X X 144001 0 5368 Judith Huntington President 40 0 X 384190 0 21020 Keith Borge VP Financial Affairs 40 0 X 229365 0 0 Ellen Curry Damato Executive Vice President 40 0 X 264503 0 15246 Dorothy Escribano Provost & Senior VP Academic Affairs 40 0 X 270000 0 9642 Colette Geary VP Student Services 40 0 X 226300 0 0 Brenna Mayer VP College Advancement 40 0 X 221641 0 15246 Darryl Jones Dean 40 0 X 147250 0 0 Richard Thompson Dean 40 0 X 137171 0 21020 Louis DeSalle Assistant Dean 40 0 X 139599 0 9642 Marie Ribarich Dean 40 0 X 137171 0 9642 2301191 0 106826 39 0 1 0 DB Systems Corp 34 S Broadway Suite 601 White Plains NY 10601 computer database services 2091454 Culinart 175 Sunnyside Blvd Plainview NY 11803 food service 1979644 Waldorf Risk Solutions 30 Prospect St Huntington NY 11743 insurance 532576 VIAMEDIA 7796 Solution Center Chicago IL 60677 advertising 474172 Cablevision PO Box 392090 Pittsburgh PA 15251 advertising 434051 15 0 0 0 0 929406 2660389 113838 3589795 Tuition and fees 611310 56533703 56533703 0 0 Room and Board 621310 2282702 2282702 0 0 General fees 611310 1693692 1693692 0 0 Other Auxiliary 624310 731143 731143 0 0 0 0 0 0 61241240 1853648 1853648 0 0 106171 106171 0 0 0 0 0 0 0 0 0 10500000 0 7346867 0 3153133 3153133 3153133 0 0 0 106655 106655 0 0 106655 70050642 66460847 0 0 0 0 12390853 12390853 883555 883555 29290743 22636139 5631408 1023196 613475 474099 117946 21430 3822903 2954373 734987 133543 1968463 1521245 378455 68763 221046 221046 160325 160325 20109 20109 107649 107649 2673889 2219328 454561 3930073 1775500 1891306 263267 2558619 639655 1279309 639655 6607130 2984923 3179610 442597 2253074 1870051 292900 90123 2599385 2157490 337920 103975 730121 730121 Food Service 1742994 1742994 0 0 Telephone 127887 0 127887 0 Postage 101277 0 78315 22962 0 72803570 53386759 16152739 3264072 196388 487209 0 0 10483703 10800834 3727018 3236055 0 0 0 0 4695685 4712576 0 0 0 626487 126682204 68678788 61623386 58003416 18955584 21002554 0 0 0 0 0 0 12631389 11957153 112313153 110826284 6013655 5598197 758101 5043986 57117234 55639318 10500000 9000000 8060564 7522283 82449554 82803784 X 20493184 20329311 4520401 2775019 4850014 4918170 29863599 28022500 112313153 110826284 X -2752928 211428 0 106171 0 594230 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 2500000 0 2500000 0 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 17934845 162950 1931187 286623 93490 109329 19539540 0.59 0.41 0 0 0 0 258703 258703 0 95989635 41578002 54411633 0 0 0 0 0 30235611 27100786 3134825 0 198255 0 198255 58003416 Bond Discount & cost of issuance 1110638 Beneficial Interest in Perpetual Trust 394668 Investments 3419962 Government receivables under student loan programs 4712576 deposits with bond trustees 2213360 other 105949 11957153 556000 Interest Rate SWAP 3828853 Accrued Post Retirement benefit obligation 1012000 US government grants refundable 2125430 7522283 X 73452749 249968 0 0 3259788 3509756 69942993 107649 0 107649 70050642 72803570 0 0 0 107649 107649 72695921 107649 0 107649 72803570 Schedule D, Part III, Line 4 The photographs are displayed and used for instructional purposes Schedule D, Part V, Line 4 scholarships for students and to support academic programs of the four schools of the college Schedule D, Part X, Line 2 After a review of all financial information the administration has determined that FIN 48 will not affect the College Schedule D, Part XI, Line 2d Sale of building ($3,153,133) and other income Schedule D, Part XII, Line 2d investment expenses 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 of New Rochelle publicizes its racial non-discriminatory policy through advertisement, website and various forms of media as well as during periods of 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 1 grants and scholarships provided by the College 3500 0 12390853 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 non need 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 0 0 0 0 0 0 0 0 0 Judith Huntington President 384190 0 0 0 0 0 3201 0 21020 0 408411 0 387729 0 Ellen Curry Damato Executive Vice President 264503 0 0 0 0 0 6556 0 15246 0 286305 0 280624 0 Dorothy Escribano Provost & Senior VP Academic Affairs 270000 0 0 0 0 0 6000 0 9642 0 285642 0 274304 0 Keith Borge VP Financial Affairs 229365 0 0 0 0 0 5678 0 0 0 235043 0 232399 0 Colette Geary VP Student Services 226300 0 0 0 0 0 5408 0 0 0 231708 0 219168 0 Brenna Mayer VP College Advancement 221641 0 0 0 0 0 5485 0 15246 0 242372 0 238065 0 Joan Bailey Special Assistant to the President 144001 0 0 0 0 0 2375 0 5368 0 151744 0 207020 0 Darryl Jones Dean 147250 0 0 0 0 0 3625 0 0 0 150875 0 0 0 Richard Thompson Dean 144905 0 0 0 0 0 3623 0 21020 0 169548 0 165622 0 Louis DeSalle Assistant Dean 139599 0 0 0 0 0 3258 0 9642 0 152499 0 0 0 Marie Ribarich Dean 137171 0 0 0 0 0 3374 0 9642 0 150187 0 0 0 Schedule J, Part I, Line 1a On campus housing 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 A 0 Castle Oil Trustee 467000 purchase of heating oil at FMV 0 Form 990, Part VI, Section B, Line 11b 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 provide to all Board of Trustees members prior to filing. Form 990, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c Conflict of Interest statements are completed annually by the Board of Trustees and are reviewed annually by the College's attorney. Form 990, Part VI, Section B, Line 15 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. The process is documented. Form 990, Part VI, Section C, Line 19 The documents are distributed upon request Form 990, Part XI, Line 9 Change in value of perpetual trust $43156 The College has received an extension to file Form 990