2015-05-12T06:28:46-07:00 2014-06-30 990 2013-07-01 150533561 HARTWICK COLLEGE HART 6074314303 1 HARTWICK DRIVE ONEONTA NY 13820 GEORGE ELSBECK Vice President/CFO 2015-05-12 2013 2016-03-07 17:11:31Z MARGARET DRUGOVICH ONE HARTWICK DRIVE ONEONTA NY 13820 88297047 false false X WWW.HARTWICK.EDU X 1797 NY HARTWICK COLLEGE, AN ENGAGED COMMUNITY, INTEGRATES A LIBERAL ARTS EDUCATION WITH EXPERIENTIAL LEARNING TO INSPIRE CURIOSITY, CRITICAL THINKING, CREATIVITY, PERSONAL COURAGE AND AN ENDURING PASSION FOR LEARNING. 28 27 1563 289 -35757 -35757 4568545 4742441 69071353 74941222 7762026 1890694 198422 223707 81600346 81798064 26859292 31282140 0 26713884 27418520 0 1911305 22365283 22963995 75938459 81664655 5661887 133409 128882094 137494428 29120564 27567788 99761530 109926640 X HARTWICK COLLEGE, AN ENGAGED COMMUNITY, INTEGRATES A LIBERAL ARTS EDUCATION WITH EXPERIENTIAL LEARNING TO INSPIRE CURIOSITY, CRITICAL THINKING, CREATIVITY, PERSONAL COURAGE AND AN ENDURING PASSION FOR LEARNING. false false 50227452 31282139 60988904 INSTRUCTION AND RESEARCH - INSTRUCTION IS PROVIDED TO APPROXIMATELY 1,500 FULL-TIME STUDENTS BY 112 FULL-TIME FACULTY MEMBERS. STUDENT AND FACULTY RESEARCH IS CONDUCTED AS A SUPPLEMENT TO ACADEMIC PROGRAMMING. 10416269 607976 STUDENT SERVICES - STUDENT SERVICES EXPENSES INCLUDE PRIMARILY STUDENT LIFE ACTIVITIES, INTERCOLLEGIATE ATHLETICS, THE OFFICE OF THE REGISTRAR, THE OFFICE OF FINANCIAL AID AND THE OFFICE OF ADMISSIONS. 8117831 12774549 AUXILIARY ENTERPRISES - AUXILIARY ENTERPRISE EXPENSES INCLUDE EXPENDITURES ASSOCIATED WITH THE RESIDENCE HALLS, FOOD SERVICE AND HEALTH CENTER OPERATIONS. 8145860 569793 76907412 true true false true false false false false false true true false false true true false true false true false false false false false true false false false true true true false false false false false false false false true false true false false false false false false false false false true 2064 0 true 1563 true true false false false false true true false 0 false false false false false false false false false false X 28 27 false false false false false false false true true false false false true true true true true true true false X GEORGE J ELSBECK 6074314320 1 HARTWICK DRIVE ONEONTA NY 13820 ARNOLD DROGEN Vice Chairman 1.00 0.00 X X 0 0 0 CAROL ANN COUGHLIN Trustee 1.00 0.00 X 0 0 0 SARAH HERBERT Trustee 1.00 0.00 X 0 0 0 KEITH FULMER Trustee 1.00 0.00 X 0 0 0 EDWARD DROESCH Trustee 1.00 0.00 X 0 0 0 RONALD LYNCH Trustee 1.00 0.00 X 0 0 0 A BRUCE ANDERSON Trustee 1.00 0.00 X 0 0 0 VIRGINIA ELWELL Trustee 1.00 0.00 X 0 0 0 BETHANY LILLIE Trustee 1.00 0.00 X 0 0 0 JEANETTE CURETON Trustee 1.00 0.00 X 0 0 0 CHARLENE MARX Trustee 1.00 0.00 X 0 0 0 DEBRA FRENCH Trustee 1.00 0.00 X 0 0 0 ELAINE DIBRITA Trustee 1.00 0.00 X 0 0 0 KATHI HOCHBERG Trustee 1.00 0.00 X 0 0 0 MARK MCGOUGH Trustee 1.00 0.00 X 0 0 0 HALFORD JOHNSON Trustee 1.00 0.00 X 0 0 0 PAUL JOHNSON Treasurer 1.00 0.00 X X 0 0 0 WILLIAM KITSON III Trustee 1.00 0.00 X 0 0 0 JANET MITCHELL Trustee 1.00 0.00 X 0 0 0 FRANCIS LANDREY Chairman 1.00 0.00 X X 0 0 0 DOUGLAS RIVENBURGH Trustee 1.00 0.00 X 0 0 0 ROBERT ROWE Trustee 1.00 0.00 X 0 0 0 JOHN NACHBUR Trustee 1.00 0.00 X 0 0 0 LISA SCHULMEISTER Trustee 1.00 0.00 X 0 0 0 ROBERT SPADACCIA Trustee 1.00 0.00 X 0 0 0 BETSY TANNER WRIGHT Secretary 1.00 0.00 X X 0 0 0 ROBERT HANFT Trustee 1.00 0.00 X 0 0 0 MARGARET DRUGOVICH President 40.00 0.00 X X 404307 0 102639 KELLY ZACK-DECKER Asst Secretary 40.00 0.00 X 78519 0 0 GEORGE ELSBECK VP Finance/CFO 40.00 0.00 X 178216 0 55463 MICHAEL TANNENBAUM Provost 40.00 0.00 X 179366 0 61758 JAMES BROSCHART VP Inst Advncmnt 40.00 0.00 X 170878 0 18571 DAVID CONWAY VP Admissions 40.00 0.00 X 171379 0 15955 MEG NOWAK VP Student Affairs 40.00 0.00 X 124492 0 14159 DAVIS CONLEY Exec Dir Info Tech 40.00 0.00 X 105774 0 10980 JOHN CLEMENS PROFESSOR 40.00 0.00 X 100277 0 12536 JEFFREY GOLDMAN PROFESSOR 40.00 0.00 X 101480 0 6580 1614688 298641 9 false true false THOMAS FOX HICKORY HILL RESTORATION 136 HICKORY HILL ROAD OTEGO NY 13825 BUILDING CONTRACTOR 142750 1 29624 639388 4073429 278814 4742441 BOARD 5852763 5852763 EDUCATIONAL SALES&SERVICE 569793 569793 ROOM 6921786 6921786 STUDENT ACTIVITY FEE 607976 607976 TUITION AND FEES 60988904 60988904 74941222 1116608 -39009 1155617 0 0 0 7157032 85000 6441130 26816 715902 58184 774086 715902 58184 35804 29624 24060 11744 11744 0 9 6977 -6968 -6968 COACHES CLUB 1677 1677 EXTERNAL VENDORS 194087 194087 MISCELLANEOUS 21592 21592 1575 1575 218931 81798064 75657124 -35757 1434256 0 31282140 31282140 0 0 1437051 428458 819144 189449 0 19771238 18005388 811128 954722 1068208 928466 82113 57629 3711112 3225629 285271 200212 1430911 1243721 109993 77197 0 44356 44356 85720 85720 0 0 116836 116836 583840 338915 225005 19920 189622 162276 16490 10856 394547 333479 26324 34744 693049 634520 32879 25650 0 1639519 1639519 1747116 1681930 3562 61624 0 218539 179823 31732 6984 372141 372141 0 3366398 3366398 746746 746746 CONTRACT FACILITIES 3870268 3870268 CONTRACT FOOD SERVICE 3047145 3047145 ACADEMIC PROGRAMMING 864670 864670 EQUIP RENTAL AND REPAIR 580666 557293 15538 7835 4402817 3998487 139847 264483 81664655 76907412 2845938 1911305 6895216 6777045 0 3699256 2267187 1346002 589431 0 0 2566286 2782178 258367 227127 1072415 1171483 121873660 85131815 35568715 36741845 62448010 70396583 0 0 0 15027827 16541549 128882094 137494428 3825861 3888937 1320171 1094416 17870000 16422000 155648 151569 5948884 6010866 29120564 27567788 X 31433024 35421838 13921723 18164918 54406783 56339884 99761530 109926640 128882094 137494428 X 133409 9847541 116836 67324 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 81664655 81664655 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 62867777 1024352 9919881 1414646 1472386 116836 70808142 57773530 1896249 6024149 1249054 1467215 109882 62867777 61161606 1224858 -1806844 1332004 1372917 101169 57773530 52260029 879660 10996273 1481323 1388677 104356 61161606 47764097 597429 4996512 186872 813128 98009 52260029 0.20000 0.80000 true false false 588419 588419 83703836 51408527 32295309 8310980 6977428 1333552 28881181 26745860 2135321 389244 389244 36741845 SPLIT INTEREST AGREEMENTS 15971354 16541549 CONDITIONAL ASSET RETIREMENT OBLIGATION 2751221 FAIR VALUE INTEREST RATE SWAP 67263 FEDERAL STUDENT LOAN FUNDS 3192382 6010866 60355827 9847541 98361 9945902 50409925 31388139 31388139 81798064 50190717 31037 31037 50159680 116836 31388139 31504975 81664655 Part V, Line 4: Intended uses of the endowment fund. To fulfill the purpose designated by the donor to support college operations and activities such as scholarships, research, museum, academics and plant improvements. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 COST OF GOODS SOLD $6977 FUNDRAISING EVENTS $24060 SWAP AGREEMENT $67324 ROUNDING $0 Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S FINANCIAL AID $31282139 BAD DEBT $106000 Part XII, Line 2d: Other expenses and losses per audited F/S COST OF GOODS SOLD $6977 FUNDRAISING EVENTS $24060 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S FINANCIAL AID $31282139 BAD DEBT $106000 true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Statement of non-discrimination is published on the application for admission. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race false WINE AUCTION 33600 9186 24414 6751 2264 GOLF 31828 20438 11390 4850 5031 5164 65428 29624 35804 4850 11782 7428 24060 11744 true 0 0 ACADEMIC MERIT SCHOLARSHIPS 423 5941271 HARTWICK COLLEGE GRANT IN AID 1799 25291178 MATCH OF SEOG GRANTS 208 49691 Grantmaker's Description of How Grants are Used The office of Financial Aid awards grants to students that are applied to the student's account. Grants are awarded based on need or merit. X X X X true true X X X X X false true false false false false false false false false DAVID CONWAY VP Admissions 171379 11374 4581 187334 GEORGE ELSBECK VP Finance/CFO 173847 4369 11988 43475 233679 JAMES BROSCHART VP Inst Advncmnt 168668 2210 11439 7132 189449 MARGARET DRUGOVICH President 366561 35363 2383 52800 49839 506946 MICHAEL TANNENBAUM Provost 179366 12323 49435 241124 Part I, Line 1a: Relevant information in regards to selections on 1a. 1a The College provides a residence to the President to entertain and conduct College business along with personal use.Social club dues are paid for the VP for Finance and President.Maid service was available to the President.2 Substantiation of expenses and approval of the individual's supervisor were required prior to allowing or reimbursing expenses in 1a. These allowable expenses are also articulated in the individual's employment contract. A OtsegoCtyCapitalResCorp 263661593 2012-05-31 17870000 Refund prior issue, building false false false A 17870000 357400 895006 42441 true false true true A false true false true First Niagara Ban 10.0000 false false false false false ELIZABETH P STEELE FAMILY 32300 COMPENSATION false Schedule L, Part V Supplemental Information PART IV LINE(1) EMPLOYEE COMPENSATION IS PROVIDED TO A FAMILY MEMBER OF MARGARET DRUGOVICH, PRESIDENT X 10 278814 false true false Client Note 1 Client Note 1 - PART IILine 42DEPRECIATION DETAILLand Improvements 178,171 Buildings 1,633,338 Equip. & Furniture 631,171 Library Books 164,134 TOTAL 2,606,815 Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: INSTITUTIONAL SUPPORT - INSTITUTIONAL SUPPORT EXPENSES ENCOMPASS EXPENDITURES INCURRED IN THE GENERAL ADMINISTRATION OF THE COLLEGE. OTHER PROGRAM SERVICES 5: PUBLIC SERVICE - PUBLIC SERVICES EXPENSES ENCOMPASS THOSE COSTS RELATED TO PROGRAMS SPONSORED BY THE COLLEGE PRIMARILY FOR THE BENEFIT OF THE RESIDENTS OF THE LOCAL COMMUNITY AND SURROUNDING AREA. OTHER PROGRAM SERVICES 6: ACADEMIC SUPPORT - ACADEMIC SUPPORT EXPENSES ENTAIL COSTS INCURRED IN THE OPERATION OF CAMPUS BASED SERVICES WHICH ENHANCE THE ACADEMIC ENVIRONMENT. Form 990, Part VI, Line 11b: Form 990 Review Process The complete Form 990 including required schedules with the exception of Schedule B was provided to all Board members and officers electronically. The Schedule B provided electronically was the public disclosure copy which excludes donors names. Board members discussed any questions with the finance staff and the Audit and Compliance Committee passed a resolution to accept the 990 prior to filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The audit committee requires annual conflict of interest statements from all Board members and senior management. The chair of the audit committee reviews all forms and reports back to the committee any findings of conflict. Potential conflicts are directed to the audit committee. A dollar amount of $10,000 or greater is deemed a potential conflict. Any individuals with a conflict are required to recuse themselves from any discussion or voting that involves the related transaction. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The compensation of the President is recommended by a Compensation Committee to the Executive Committee who review and approve the compensation. The Compensation Committee reviews the President's performance and uses the CUPA-HR compensation survey as a tool for comparable salaries.The President reviews senior management compensation with the Executive Committee.The Audit and Compliance Committee independently reviews President and senior management compensation using comparative 990 data. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The College's governing documents, conflict of interest policy and financial statements are available upon request or by inspection at the College President's office. Other Changes In Net Assets Or Fund Balances - Other Increases INTEREST RATE SWAP = $67324