2015-10-08T12:45:54-07:00 2015-05-31 990 2014-06-01 161476258 Utica College UTIC 3157923011 1600 Burrstone Road Utica NY 13502 Pamela Salmon Interim VPFA 3157923011 2015-10-08 2014 2016-02-25 16:41:14Z Pamela Salmon 1600 Burrstone Rd Utica NY 13502 108248365 0 X www.utica.edu X 1946 NY To operate an institution of higher learning offering instruction and research in the liberal arts, sciences and professions leading to the degrees of Associate in Arts (A.A.), Associate in Science (A.S.), Bachelor of Arts (B.A.) and Bachelor of Science (B.S.). 36 35 2137 70 35000 34000 4283028 4103189 97472036 100979297 1657169 1280878 1887309 1876018 105299542 108239382 34317350 35742810 0 0 42930103 44335514 60000 65000 3605047 28104967 30224786 105412420 110368110 -112878 -2128728 106640177 110713733 56152564 63146442 50487613 47567291 Utica College educates for rewarding careers, responsible citizenship, enlightened leadership, and fulfilling lives by integrating liberal and professional study, by creating a community of learners with diverse experiences and perspectives, by balancing a commitment to its local heritage with global outreach, by encouraging lifelong learning, and by promoting scholarship in the belief that the discovery and application of knowledge enrich teaching, learning, and society. 0 0 62815053 35637446 89416295 Instruction and research to educate undergraduate & graduate students preparing them to achieve distinction in their chosen professions and inspiring them to become citizens committed to their community. 14435188 0 1875736 Student Services provides support to instructional programs with an emphasis on student life outside the classroom. it includes areas such as athletics, student activities, career counseling and placement, etc. 8524174 0 0 Academic support encompasses the areas of faculty and program development as well as resource centers including the library and various institutes designed to support the learning experience. 6263751 0 11528002 Auxilliary Enterprises Expenses $6,263,751 including grants $0 Revenue $11,528,002 6263751 0 11528002 92038166 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 276 0 1 2137 1 1 1 0 0 0 0 1 1 0 0 1 0 X 36 35 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Pamela Salmon 3157923011 1600 Burrstone Road Utica NY 13502 Lawrence Gilroy Chairperson 1.00 X X 0 0 0 Mark A Pilipczuk Vice Chairperson 1.00 X X 0 0 0 Ms Cecelia M Holloway Vice Chairperson 1.00 X X 0 0 0 Robert A Brvenik Vice Chairperson 1.00 X X 0 0 0 Eugene F Quadraro Secretary 1.00 X X 0 0 0 Harriet Anne Bamdad Trustee 1.00 X 0 0 0 Kenneth D Bell Trustee 1.00 X 0 0 0 Bernadette Clark Trustee 1.00 X 0 0 0 John H Costello III Trustee 1.00 X 0 0 0 Thomas F Cox Jr Trustee 1.00 X 0 0 0 Ronald A Cuccaro Trustee 1.00 X 0 0 0 Harry J Cynkus Trustee 1.00 X 0 0 0 Frederick C Degen Trustee 1.00 X 0 0 0 James F DuRoss Jr Trustee 1.00 X 0 0 0 Allyn R Earl Trustee 1.00 X 0 0 0 Marianne Gaige Trustee 1.00 X 0 0 0 Bruce Hamilton Trustee 1.00 X 0 0 0 Samuel D Hester Trustee 1.00 X 0 0 0 Andrew R Hislop Trustee 1.00 X 0 0 0 Heidi M Hoeller Trustee 1.00 X 0 0 0 Todd S Hutton President 37.5 X X 403264 0 126549 Daniel B Jones CLU Trustee 1.00 X 0 0 0 Stephen S Karboski Trustee 1.00 X 0 0 0 Jacqueline M Klotzbach Trustee 1.00 X 0 0 0 Christian W Meyer III Trustee 1.00 X 0 0 0 Michael Parsons Trustee 1.00 X 0 0 0 Russell J Petralia Trustee 1.00 X 0 0 0 Solade E Rowe Trustee 1.00 X 0 0 0 Mark P Salsbury Trustee 1.00 X 0 0 0 John H Snyder Trustee 1.00 X 0 0 0 Philip Taurisano Trustee 1.00 X 0 0 0 Yvette L Walker Trustee 1.00 X 0 0 0 John P Casellini Trustee 1.00 X 0 0 0 Gary M Kunath Trustee 1.00 X 0 0 0 Christopher Max Trustee 1.00 X 0 0 0 Jeremy Thurston Trustee 1.00 X 0 0 0 Judith Kirkpatrick Provost & Vice President for Academic Affairs 37.5 X 178168 0 28159 Tammara L Raub Vice President of Financial Affairs 37.5 X 145920 0 48956 Laura Casamento Executive Vice President and Chief Advancement Officer 37.5 X 181791 0 46494 Walter Desocio Vice President of Legal Affairs & General Counsel 37.5 X 153687 0 26602 Dale Scalise-Smith Vice President of the School for online & Extended students & Extended Parternships 37.5 X 182752 0 43765 James Norrie Dean of the School of Business and Justice 37.5 X 146528 0 21091 Jeffrey Gates Vice President of Student Affairs and Enrollment Management 37.5 X 136235 0 17794 Robert Halliday Sr. Associate Provost & Dean 37.5 X 136301 0 40352 Vijay Sonty Chief information Officer and Vice President for Technology 37.5 X 201296 0 22531 1865942 0 422293 41 0 1 0 Charles A Gaetano Construction 258 Genesee Street Utica NY 13502 Construction 707314 Orbis Education Services LLC 11595 North Meridian St Carmel IN 46032 Education Partner - ABSN 2119920 Sodexo Inc & Affiliates 1101 Sherman Drive Utica NY 13501 Dining Services 3507257 Temco Service Industries Inc PO Box 8000 Buffalo NY 14267 Facilities Services 3733753 Deltak edu 1415 W 22nd St Suite 400 Oak Brook IL 60523 Online Educational Services 5755507 40 0 0 47098 0 1940332 2115759 381343 4103189 Student Tuition and Fees 611710 89416295 89416295 0 0 Auxilliary Enterprises 611710 11563002 11528002 35000 0 0 0 0 0 100979297 1280878 0 0 1280878 0 0 0 0 0 0 0 0 0 0 0 0 9265 47098 8983 282 0 282 1875736 1875736 0 0 1875736 108239382 102820033 35000 1281160 35742810 35742810 1042038 774828 267210 31708849 25763974 4436849 1508026 2300779 1806006 369061 125712 7147643 5715704 1065653 366286 2136205 1684151 337196 114858 235348 235348 116282 116282 60000 60000 65000 65000 3120638 1639058 1329289 152291 1002962 60257 942705 2135370 1746764 335868 52738 701727 62535 638813 379 101130 1130 100000 4255816 3342873 746698 166245 1808099 1649802 101486 56811 821767 456624 142093 223050 1310404 1179319 118550 12535 3935507 3291410 644097 358614 55661 302953 Auxillaries - Food Service 2518289 2518289 0 0 Grounds Services 2576159 1926155 513168 136836 Custodial Services 1941744 1450972 387693 103079 3224930 1944672 1086267 193991 110368110 92038166 14724897 3605047 1762 1874 11675035 12727989 719725 409457 5726289 5941028 746889 750487 2372 1200 276597 171949 120059461 54698759 62055646 65360702 12763324 12626160 12672538 12722887 106640177 110713733 5608819 6946441 7715714 8789740 34677070 36582451 8150961 10827810 56152564 63146442 X 25438252 21980461 11487883 11826598 13561478 13760232 50487613 47567291 106640177 110713733 X -2128728 -370320 0 0 0 -421274 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 1681 0 1 62228 63909 0 Schedule C, Part II-B, Line 1 The College used paid lobbyists to develop additional college funding through representation with federal and state governments. 0 9847124 0 0 X X X X 0 24281839 274591 980969 731608 310990 24462 24470339 21809005 601904 2826355 596085 306269 53071 24281839 19114197 384012 3225281 591773 272349 50363 21809005 20588939 547462 -1118637 577570 275925 50072 19114197 18017414 311227 3141133 556580 274530 49725 20588939 0.1278 0.3294 0.5428 0 0 0 6254045 6254045 0 79776100 28397869 51378231 0 983069 610590 372479 0 19496069 16632689 2863380 0 13550178 9057611 4492567 65360702 Life Insurance 170302 F Multi Asset Fund 12552585 F 12722887 Post Retirement Liability 6411199 Charitable Trust Obligations 199955 Perkins Loan Federal Contribution 535608 Interest Rate Swap 1657134 Bond Premium, Net of Amortization 2023914 10827810 72231274 -370378 0 0 -282 -370660 72601934 0 35637448 35637448 108239382 74730380 0 0 0 -282 -282 74730662 0 35637448 35637448 110368110 Schedule D, Part III, Line 4 The College has a fine arts collection that is housed in the Barrett Art Gallery. The gallery is open to students and members of the community who share an interest in fine arts. The college offers a number of fine arts courses. Schedule D, Part V, Line 4 Utica College has endowment funds that are managed to provide a permanent source of income to support the teaching, research, and service missions of the institution. Schedule D, Part XI, Line 2d Golf Tournament - Special Events ($282) Schedule D, Part XI, Line 4b Scholarship Aid $35,637,448 Schedule D, Part XII, Line 2d Golf Tournament ($282) Schedule D, Part XII, Line 4b Scholarship Aid $34,637,448 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Utica College prints its nondiscriminatory policy in the annual catalog and it is also available on our website. Schedule E, Part I, Line 6 A majority of the college financial assistance is provided by the government to enable promising students to attend college if family and personal resources are inadequate to support a college education. Two of the main sources of financial aid are federal and state government. Central America and the Caribbean 0 0 Program Services Conference Attendance 500 Central America and the Caribbean 0 0 Speaking at Seminars or Conferences Conference Attendance & Presentation 3000 Central America and the Caribbean 0 0 Program Services Fieldwork 23000 East Asia and the Pacific 0 0 Speaking at Seminars or Conferences Conference Attendance & Presentation 5000 East Asia and the Pacific 0 0 Program Services Student International Recruitment 25000 East Asia and the Pacific 0 0 Program Services Student International Recruitment and Public Relations 23000 Europe (including Iceland and Greenland) 0 0 Program Services Conference Attendance 2000 Europe (including Iceland and Greenland) 0 0 Speaking at Seminars or Conferences Conference Attendance and Presentation 2000 Europe (including Iceland and Greenland) 0 0 Program Services Faculty Led Study Abroad 31000 Europe (including Iceland and Greenland) 0 0 Program Services Fieldwork 124000 Europe (including Iceland and Greenland) 0 0 Program Services Production of Video for Admissions 3000 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Conference Attendance 2000 North America (including Canada and Mexico, but not the United States) 0 0 Speaking at Seminars or Conferences Conference Attendance and Presentation 4000 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Fieldwork 3000 North America (including Canada and Mexico, but not the United States) 0 0 Program Services International Football Game 10000 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Student International Recruitment 8000 0 0 268500 0 0 0 0 0 0 X X X X X X X 0 NY Golf Tournament 56363 47098 9265 0 4217 0 1886 0 2880 0 0 56363 47098 9265 0 4217 0 1886 0 2880 8983 282 1 Fellowships 109 105364 FMV Grants are awarded to college employees or students for research projects. Grantees may elect to receive reimbursement for receipted expenses or they may elect to receive their awards as W-2 compensation. Scholarships 3289 35637448 FMV Schedule I, Part I, Line 2 Students receiving scholarships are evaluated by the College's assessment of academic achievement, financial need and other similar standards. X X X X X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 Todd S Hutton President 322575 0 80689 0 75612 0 28000 0 22937 0 529813 0 0 0 Tammara L Raub Vice President of Financial Affairs 142920 0 3000 0 15300 0 12060 0 21596 0 194876 0 0 0 Robert Halliday Sr. Associate Provost & Dean of Graduate Studies 136301 0 0 0 4497 0 15679 0 20176 0 176653 0 0 0 Laura Casamento Executive Vice President and Chief Advancement Officer 163427 0 18364 0 4555 0 20797 0 21142 0 228285 0 0 0 Walter Desocio Vice President of Legal Affairs & General Counsel 150643 0 3044 0 540 0 12308 0 13755 0 180290 0 0 0 Judith Kirkpatrick Provost & Vice President for Academic Affairs 164868 0 13300 0 0 0 20345 0 7815 0 206328 0 0 0 Dale Scalise-Smith Vice President of the School for online & Extended students & Extended Parternships 158057 0 24696 0 5600 0 17778 0 20386 0 226517 0 0 0 Vijay Sonty Chief information Officer and Vice President for Technology 179696 0 21600 0 540 0 14472 0 7519 0 223827 0 0 0 James Norrie Dean of the School of Business and Justice 136528 0 10000 0 540 0 11200 0 9351 0 167619 0 0 0 Jeffrey Gates Vice President of Student Affairs and Enrollment Management 133635 0 2600 0 540 0 10891 0 6363 0 154029 0 0 0 Schedule J, Part I, Line 1a The College president's spouse is also an employee of the college, and therefore, travel costs for certain business related travel is covered for her. The president is provided a discretionary spending account of $6,000 (after tax) for contribution to charities, 501 (C) (3) organization, or public causes of his choice. In order to effectively perform his duties as president, the president resides in housing provided by the College. The President's residence also services as a place for meeting with dignitaries and community leaders, receptions, meetings, and fundraising events. The college provides cleaning, lawn care, membership dues and initiation fees relating to membership in any clubs that the board of trustees requests that the president join. Schedule J, Part I, Line 7 Deferred Compensation in accordance with contracts. A Oneida County Local Development Corporation 273190422 2013-11-15 38200000 See Part VI 0 0 0 A 0 0 35286681 0 0 0 328200 2 2 2000000 32958481 0 1 0 0 1 A 0 0 1 1 0 0 0 0 0 0 0 A 0 1 0 0 1 1 See Part VI 9.95 0 0 0 0 0 A 0 Schedule K, Part I, Column f-11/15/2013 38,200,000 Oneida County Local Development Corporation The purposes of the Bond issue are as follows: Refund City 4 of Utica Industrial Development Agency Civic Facility Revenue Bonds (Utica College Project), Series 1998A, which were issued on June 20, 1998; Refund City of Utica Industrial Development Agency Civic Facility Revenue Bonds (Utica College Project), Series 2001, which were issued on December 13, 2001; Refund City of Utica Industrial Development Agency Multi-Mode Variable Rate Civic Facility Revenue Bonds (Utica College Project - Letter of Credit Secured), Series 2005A and Series 2005B, which were issued on December 21, 2005;Refinance taxable bank loan which was originally incurred on January 28, 2009; and Construct and equip educational facilities. Schedule K, Part II, Line 3-11/15/2013 38,200,000 Oneida County Local Development Corporation The Bonds were issued as "draw down bonds", the proceeds of which are to be advanced by the bondholder to the College from time-to-time to pay project costs. The total Bond proceeds advanced to the College, as of May 31, 2015 consist of the following: Proceeds advanced by bondholder on closing date (11/15/13) $33,477,681 Proceeds advanced by bondholder after closing date, through May 31, 2015 $1,809,000 Investment earnings through May 31, 2015 $0 Total proceeds of issue as of May 31, 2015 $35,286,681. Schedule K, Part II, Line 11-11/15/2013 38,200,000 Oneida County Local Development Corporation Refund outstanding indebtedness $32,958,481 Schedule K, Part II, Line 12-11/15/2013 38,200,000 Oneida County Local Development Corporation The project is not yet complete. Schedule K, Part IV, Line 4a-11/15/2013 38,200,000 Oneida County Local Development Corporation RBS Citizens, N.A. Term of Hedge: There are three interest rate swap agreements, as follows: Series 2013A Hedge - 9.95 year term Series 2013B Hedge - 9.87 year term Series 2013C Hedge - 9.16 year term Schedule K, Part V-11/15/2013 38,200,000 Oneida County Local Development Corporation The College has contacted Bond counsel to help prepare appropriate written procedures. James DuRoss Trustee 3973740 James DuRoss is employed by a company (Temco service industries, Inc.) that provides janitorial, landscape, and building maintenance services to the college. 0 Larry Gilroy Chairperson of the Board 157845 President of Utica College's property & casualty insurance agency, Gilroy, Kernan & Gilroy. 0 Todd Hutton President of the College 34684 Todd Hutton's wife, Nancy Hutton, receives compensation from the college in the form of a contribution to the 403(B) retirement plan. 0 Bernadette Clark Bernadette Clark is the wife of Tom Clark. Tom Clark is the managing agent of Adron Building LLC. 207010 The College has a rental agreement with Adron Building LLC to rent space in downtown utica. 0 Jeremy Thurston Majority Owner of The Hayner Hoyt Corporation 665505 Construction Contract 0 X 14 381343 FMV 0 1 1 Schedule M, Part I, Line 32b The College uses real estate agents and coin dealers in conjunction with the sale of donated properties on occasion. Form 990, Part VI, Section A, Line 2 The College conducts business with various vendors throughout the greater Utica area. Several of the College's vendors have principals or employees currently serving on its board of trustees. In accordance with the colleges bylaws, each vendor serving on the college board of trustees is required to disclose the details of transactions and other business involvements with the college. Significant related party transactions include certain lines of insurance coverage, janitorial, landscape and building maintenance service, government relations services and data processing, printing, mailing and email marketing for the development office. Form 990, Part VI, Section B, Line 11b The 990 is reviewed and approved by the treasurer, key employees, and appropriate trustees prior to being filed and issued. Additionally, the 990 is provided to the entire board of trustees for review and comment prior to filing. This is done by posting a draft PDF of the 990 to the College trustee website. Form 990, Part VI, Section B, Line 12c Officers and Board members are required to complete conflict of interest statements and submit them to the office of financial affairs. Form 990, Part VI, Section B, Line 15 The compensation of the president is determined by a compensation committee of the board of trustees in consultation with an independent consultant and approved by the executive committee. The compensation of officers and key employees is determined by the college president and approved by the compensation committee. Form 990, Part VI, Section C, Line 19 Governing documents are available to the public through personal requests through appropriate college officials. Form 990, Part XI, Line 9 Change in the funded status of the pension plan $161,785, Change in the value of annuity obligations $11,794, Loss on interest rate swap contracts ($594,853).