2015-11-11T11:04:04-06:00 2014-12-31 861065772 DELOITTE TAX LLP TWO JERICHO PLAZA JERICHO NY 11753 990 2014-01-01 133705284 HELENE FULD COLLEGE OF NURSING HELE 2126167200 24 EAST 120TH STREET NEW YORK NY 10035 WENDY ROBINSON PRESIDENT 2126167200 2015-11-09 1 CHRISTINE KAWECKI P00743140 5169187000 2015-11-06 2014 2016-03-07 17:11:31Z WENDY ROBINSON 24 EAST 120TH STREET NEW YORK NY 10035 8361937 0 X WWW.HELENEFULD.EDU X 2004 NY SEE SCHEDULE O. 13 13 104 0 0 0 320442 260757 6489239 6835882 236221 107574 0 0 7045902 7204213 142576 208379 0 0 3904222 3895831 0 0 150212 2110514 2113007 6157312 6217217 888590 986996 5544820 6557510 887397 828014 4657423 5729496 X SEE SCHEDULE O. 0 0 4974562 208379 6835882 SEE SCHEDULE O. 4974562 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 77 0 1 104 1 0 0 0 0 0 0 0 0 0 0 0 X 13 13 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 0 0 0 RUTH BROWN VICE CHAIRPERSON 2.00 X 0 0 0 STEPHEN FRAUENTHAL TRUSTEE 2.00 X 0 0 0 JEANINE FRUMENTI TRUSTEE 2.00 X 0 0 0 HAYWARD S GILL JR TRUSTEE 2.00 X 0 0 0 SHARON LADAY SECRETARY 2.00 X 0 0 0 AMELIA K MCDONALD TRUSTEE 2.00 X 0 0 0 ALAN B MCDOUGALL TRUSTEE 2.00 X 0 0 0 FRANK NAIRNE TREASURER 2.00 X 0 0 0 DANIEL SUAREZ TRUSTEE-UNTIL APRIL 2014 2.00 X 0 0 0 PATRICIA SUMNER TRUSTEE-UNTIL APRIL 2014 2.00 X 0 0 0 JACOB VICTORY MPA TRUSTEE-UNTIL APRIL 2014 2.00 X 0 0 0 SUZANNE RICE TRUSTEE 0.00 X 0 0 0 ALAN ROEMER TRUSTEE 0.00 X 0 0 0 RUTH FISCHBACH PHD TRUSTEE 0.00 X 0 0 0 ALBERT VAN-LARE TRUSTEE 0.00 X 0 0 0 WENDY ROBINSON PRESIDENT AND CEO 40.00 X 180000 0 1453 CELESTE WALLIN DIRECTOR OF ADMINISTRATION 40.00 X 112223 0 9659 GALINA VILKINA HEAD OF FINANCE 40.00 X 103862 0 10329 PAUL GYABBAH-AMPONSAH COORDINATOR BIO SCIENCES 40.00 X 101955 0 10107 498040 0 31548 4 0 1 0 KAPLAN HIGHER EDUCATION CORP POBOX 203930 DALLAS TX 753203930 TESTING FOR STUDENTS 119407 BLUE CHIP BUILDING MAINTENANCE INC 242 WEST 30TH STREET NEW YORK NY 10001 HOUSEKEEPING 112070 2 44196 216561 260757 TUITION REVENUE 611600 5795162 5795162 CHEMISTRY LAB FEES 611600 547498 547498 CLINICAL NSG SKILLS 611600 262309 262309 TESTING & ACADEMIC REV 611600 130872 130872 APPLICATION FEES 611600 79115 79115 20926 20926 6835882 50678 50678 1214620 1157724 56896 56896 56896 7204213 6835882 0 107574 208379 208379 396085 63000 333085 2887100 2514597 261224 111279 612646 480982 110899 20765 3923 3923 55441 55441 26547 26547 41916 41916 29985 29985 295194 243646 49281 2267 785436 707790 69019 8627 8694 6071 2623 224394 202211 19718 2465 52639 47435 4626 578 HFCN TESTING 175032 175032 0 0 EDUCATION EXPENSE 163090 153280 9810 0 SUBSCRIPTIONS 74050 64748 7598 1704 MAINTENANCE & REPAIR 48417 43630 4255 532 128249 63761 62493 1995 6217217 4974562 1092443 150212 161523 198529 2002665 2544462 178196 149407 112048 137301 2515811 1330434 1309955 1185377 1780433 2342434 5544820 6557510 521440 375608 365957 452406 0 887397 828014 X 3845279 4896768 317524 338108 494620 494620 4657423 5729496 5544820 6557510 986996 85077 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 812144 185765 34115 99552 99744 832728 770229 208988 72911 134586 105398 812144 729463 212000 8942 143066 37110 770229 753679 174500 180944 17772 729463 774955 176650 -41295 91102 65529 753679 0.59400 0.40600 0 0 1100965 279647 821318 1414846 1050787 364059 1185377 X 7054364 85077 -208379 -123302 7177666 26547 26547 7204213 5982291 0 5982291 26547 208379 234926 6217217 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, 2011 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FELLOWSHIPS -208,379. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLORSHIPS AND FELLOWSHIPS 208,379. 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 ON ITS WEBSITE, IN ITS HUMAN RESOURCES AND STUDENT BROCHURES AND MANUALS AND ON OTHER DOCUMENTATION PROVIDED TO POTENTIAL APPLICANTS TO THE COLLEGE. SCHEDULE E, PART I, LINE 6 HELENE FULD COLLEGE OF NURSING RECEIVED FOLLOWING STATE GRANTS IN 2014: 1. BUNDY AID (STATE GRANT) = $17,355.55 2. HIGH NEED NURSING AID (STATE GRANT) = $20,238.70 3. LIBRARY COLLECTION AID (STATE GRANT) = $3,906.00 4. FEDERAL PELL GRANT = $1,525 5. FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY (FSEOG) GRANT = $ 1,170 GRANTS AND AID DETAILS: TYPE OF FINANCIAL PROVIDED # OF RECIPIENTS LOUIS & RACHEL RUDIN FOUNDATION 89 SWITZER AWARD 22 APTS (PART TIME TAP) 19 NYS TUITION ASSISTANCE PROGRAM (TAP) 167 FEDERAL SUPPLY OPPORUNITY GRANT 84 PELL GRANT 381 TOTAL NUMBER OF RECIPIENTS 762 **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 = $686,481 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT = $30,946 AID FOR PART-TIME STUDY (PART TIME TAP) = $15,410 NYS TUITION ASSISTANCE PROGRAM (TAP) = $232,028 TOTAL GRANTS $1,068,183 LOANS - # OF RECIPIENTS - AMOUNT PRIVATE EDUCATIONAL LOAN - 21 - $164,206 FEDERAL SUBSIDIZED LOAN - 528 - $1,299,093 FEDERAL UNSUBSIDIZED LOAN - 550 - $2,007,417 TOTAL LOANS $3,470,716 0 0 0 NURSING SCHOLARSHIPS 199 208379 PART I, LINE 2: SCHOLARSHIPS TO MATRICULATE IN THE COLLEGE. X 0 0 0 0 0 0 0 0 0 WENDY ROBINSON PRESIDENT AND CEO 180000 0 0 0 0 0 0 0 1453 0 181453 0 0 0 FORM 990, PART I, LINE 1 ORGANIZATION'S MISSION HELENE FULD COLLEGE OF NURSING IS AN INDEPENDENT SINGLE-PURPOSE NURSING COLLEGE, WHOSE MISSION IS TO PRODUCE HIGH QUALITY AND TECHNICALLY ADAPTABLE NURSES FOR AN EVER-CHANGING SOCIETY. FORM 990, PART III, LINE 1 ORGANIZATION'S MISSION HELENE FULD COLLEGE OF NURSING IS AN INDEPENDENT SINGLE-PURPOSE NURSING COLLEGE. ITS MISSION IS TO PRODUCE HIGH QUALITY AND TECHNICALLY ADAPTABLE NURSES WHO ARE ABLE TO FUNCTION EFFECTIVELY IN A CHANGING SOCIETY. FORM 990, PART III, LINE 4A HELENE FULD COLLEGE OF NURSING IS AN INDEPENDENT SINGLE-PURPOSE INSTITUTION. ITS MISSION IS TO PROVIDE THE OPPORTUNITY, THROUGH A CAREER-LADDER APPROACH, FOR MEN AND WOMEN 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. IT 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 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. 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. 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 WILL BE 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 WAS PRESENTED TO THE HELENE FULD COLLEGE OF NURSING AUDIT COMMITTEE BY DELOLTTE TAX LLP. THE FORM 990 WAS REVIEWED IN DETAIL BY THE COLLEGE'S HEAD OF FINANCE AND PRESIDENT AND APPROVED FOR FILING AFTER THE BOARD OF TRUSTEES PROVIDED 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 2014, NO CONFLICTS WERE DISCLOSED ON THE ANNUAL QUESTIONNAIRES SUBMITTED BY THE OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES THAT ARE 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. IN 2014, NEITHER THE PRESIDENT NOR KEY EMPLOYEES RECEIVED A BONUS. FORM 990, PART VI, SECTION C, LINE 19 THE TAXPAYER MAKES ITS FORM 990 AND FORM 1023 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.