CENTENARY UNIVERSITY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- CENTENARY UNIVERSITY (EIN 22-1500484)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-10-03
- IRS object ID
- 201412769349300106
- Schema version
- 2012v2.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-10-03T07:19:14-07:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEANS ARCHER & CO CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 265 E MERRICK RD STE 205 | AddressLine1 |
| City | VALLEY STREAM | City |
| State | NY | State |
| ZIP Code | 115806004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221500484 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTENARY COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CENT | NameControl |
| Phone | 9088521400 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 JEFFERSON STREET | AddressLine1 |
| City | HACKETTSTOWN | City |
| State | NJ | State |
| ZIP Code | 07840 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROGER L ANDERSON | Name |
| Title | CFO/COO | Title |
| Phone | 9088521400 | Phone |
| Date Signed | 2014-10-03 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS C KEMP III | Name |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ROGER L ANDERSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 JEFFERSON S | AddressLine1 |
| City | HACKETTSTOWN | City |
| State | NJ | State |
| ZIP Code | 07840 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 48205256 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.centenarycollege.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1867 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | Centenary College is an Independent College offering Bachelor and Associate degrees in Liberal Arts. Also, the College offers Master Degrees in Business and Administration. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 976 | TotalNbrEmployees |
| Total Nbr Volunteers | 40 | TotalNbrVolunteers |
| Total Gross UBI | 374516 | TotalGrossUBI |
| Contributions Grants Prior Year | 970132 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1603567 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 44796918 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 43068657 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 245233 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1377532 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1355181 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1708376 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 47367464 | TotalRevenuePriorYear |
| Total Revenue Current Year | 47758132 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 22517849 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 23234435 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1351888 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 23464742 | OtherExpensePriorYear |
| Other Expenses Current Year | 21599172 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 45982591 | TotalExpensesPriorYear |
| Total Expenses Current Year | 44833607 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1384873 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2924525 | RevenuesLessExpensesCY |
| Total Assets BOY | 95790082 | TotalAssetsBOY |
| Total Assets EOY | 95481450 | TotalAssetsEOY |
| Total Liabilities BOY | 47886117 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 44652960 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 47903965 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 50828490 | NetAssetsOrFundBalancesEOY |
| Mission Description | Centenary College is an Independent College offering Bachelor's | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 22418025 | Expense |
| Revenue | 43068657 | Revenue |
| Description | CENTENARY COLLEGE IS A COMMUNITY OF LEARNERS DISTINGUISHED BY A DIVERSE STUDENT BODY, A DEDICATED FACULITY AND STAFF AND STIMULATED EDUCATIONAL OPPORTUNITIES. CENTENARY COLLEGE IS COMMITTED TO QUALITY LIBERAL ARTS AND CAREER STUDIES EDUCATION WITH A SUBSTANTIAL INTERNATIONAL DIMENSION TO ENGAGE STUDENTS IN LEARNING AND PREPARE THEM FOR SATISFYING CAREER, SUCCESSFUL LIVES. COMMUNITY SERVICE AND LIFELONG INTELLECTUAL PURSUITS. AS THE PRIMARY EDUCATIONAL AND CULTURAL RESOURCE OF NORTHWEST NEW JERSY CENTENARY OFFIERS A RANGE OF UNDERGRADUATE AND PROFESSIONAL PROGRAMS, AS WELL AS NON-DEGREE COURSES FOR PROFESSIONAL AND PERSONAL DEVELOPMENT. | Description |
| Total Program Service Expense | 22418025 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 202 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 976 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | true | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROGER ANDERSON | NamePerson |
| Telephone Number | 9088521400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 JEFFERSON STREET | AddressLine1 |
| City | HACKETTSTOWN | City |
| State | NJ | State |
| ZIP Code | 07840 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Institutional TrusteeInstitutionalTrustee |
|---|---|---|---|---|---|---|
| DAVID LACKLAND | ||||||
| Institutional Trustee Emeritus | 2.00 | X | 0 | 0 | 0 | |
| DR HAE-JUNG KIM | ||||||
| Institutional Trustee Emeritus | 2.00 | X | 0 | 0 | 0 | |
| ARDEN DAVIS MELICK | ||||||
| Chairperson | 2.00 | 0 | 0 | 0 | X | |
| KENNETH LEE HAHN | ||||||
| 1st Vice Chair | 2.00 | 0 | 0 | 0 | X | |
| NORMAN WORTH | ||||||
| 2nd Vice Chair | 2.00 | 0 | 0 | 0 | X | |
| CHRISTOPHER TEANOR | ||||||
| 3rd Vice Chair | 2.00 | 0 | 0 | 0 | X | |
| LUCINDA THOMAS EMBERSITS | ||||||
| Secretary | 2.00 | 0 | 0 | 0 | X | |
| ALLAN J SHAW | ||||||
| Treasurer | 2.00 | 0 | 0 | 0 | X | |
| ELLEN BANKS | ||||||
| Institutional Trustee | 2.00 | 0 | 0 | 0 | X | |
| TILY-JO EMERSON | ||||||
| Institutional Trustee | 2.00 | 0 | 0 | 0 | X | |
| WOLFGANG GSTATTENBAUER | ||||||
| Institutional Trustee | 2.00 | 0 | 0 | 0 | X | |
| DAVID W JOHNSON | ||||||
| Institutional Trustee | 2.00 | 0 | 0 | 0 | X | |
| LINDA VAN WINKLE WATKINS | ||||||
| Institutional Trustee | 2.00 | 0 | 0 | 0 | X | |
| DENIS HENNESSY O'ROURKE | ||||||
| Institutional Trustee | 2.00 | 0 | 0 | 0 | X | |
| JIM SALERNO | ||||||
| Institutional Trustee | 2 | X | ||||
| M ALDEN SIEGEL | ||||||
| Institutional Trustee | 2 | X | ||||
| VALERIA A WILSON | ||||||
| Institutional Trustee | 2 | X | ||||
| RAYMOND NISIVOCCIA | ||||||
| Institutional Trustee | 2 | X | ||||
| JAMES STRYDER | ||||||
| Institutional Trustee | 2 | X | ||||
| STANLEY CAINE | ||||||
| Institutional Trustee | 2 | X | ||||
| ROCHELLE MAKELA-GOODMAN | ||||||
| Institutional Trustee | 2 | X | ||||
| ORIN SMITH | ||||||
| Institutional Trustee | 2 | X | ||||
| MIKE HALPIN | ||||||
| Institutional Trustee | 2 | X | ||||
| BISHOP DR JOHN R SCHOL | ||||||
| Institutional Trustee | 2 | X | ||||
| SUSAN BATEMAN ESQ | ||||||
| Institutional Trustee | 2 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1943672 | TotalReportableCompFromOrg |
| Total Other Compensation | 161548 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CHARTWELLS FOOD SERVICE | |||||
| PO BOX 417632 | BOSTON | MA | 02241 | Food Services | 2561219 |
| ARAMARK | |||||
| 24818 NETWORK PLACE | CHICAGO | IL | 60673 | Maintenanace Services | 1770875 |
| CDW GOVERMENT | |||||
| 75 REMITTANCE DRIVE | CHICAGO | IL | 60675 | Provider of Computers and related parts | 305966 |
| ROSSELLI ROOFING | |||||
| 5 ROY COURT | SUSSEX | NJ | 07461 | Capital Improvements | 248223 |
| SHANE DOYLE FARMS | |||||
| 770 MILL LANE | HILLSBOROGH | NJ | 08844 | Provider of Animal Feed (Hay) | 188686 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 166720 | FundraisingEvents |
| All Other Contributions | 1436847 | AllOtherContributions |
| Total Contributions | 1603567 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn |
|---|---|---|
| Tuition and Fees | 611600 | 35482769 |
| Student Room and Board | 611600 | 7585888 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 43068657 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1579731 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 33343 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 33343 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 33343 | TotalRevenueColumn |
| Exclusion | $33,343 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 164267 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 366466 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -202199 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -202199 | TotalRevenueColumn |
| Related Or Exempt Function Income | -202199 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 31105 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 166720 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 80658 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -49553 | TotalRevenueColumn |
| Exclusion | -$49,553 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| Summer Camp Program | 721214 | 374516 | 374516 | |
| Educational Programs | 611310 | 579642 | 579642 | |
| Theatre Company | 711110 | 590856 | 590856 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 179572 | TotalRevenueColumn |
| Related Or Exempt Function Income | 179572 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1724586 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 47758132 | TotalRevenueColumn |
| Related Or Exempt Function Income | 45796259 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 374516 | UnrelatedBusinessRevenue |
| Exclusion | -$16,210 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1302044 | Total |
| Program Services | 496686 | ProgramServices |
| Management And General | 629858 | ManagementAndGeneral |
| Fundraising | 175500 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17885553 | Total |
| Program Services | 13622033 | ProgramServices |
| Management And General | 3535152 | ManagementAndGeneral |
| Fundraising | 728368 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 692992 | Total |
| Program Services | 489910 | ProgramServices |
| Management And General | 158949 | ManagementAndGeneral |
| Fundraising | 44133 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1925161 | Total |
| Program Services | 1249750 | ProgramServices |
| Management And General | 603957 | ManagementAndGeneral |
| Fundraising | 71454 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1428685 | Total |
| Program Services | 958396 | ProgramServices |
| Management And General | 393457 | ManagementAndGeneral |
| Fundraising | 76832 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57901 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 57901 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114285 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 114285 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Fundraising | 0 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1196110 | Total |
| Program Services | 85691 | ProgramServices |
| Management And General | 1110419 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 650283 | Total |
| Program Services | 325966 | ProgramServices |
| Management And General | 237378 | ManagementAndGeneral |
| Fundraising | 86939 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 701163 | Total |
| Program Services | 77296 | ProgramServices |
| Management And General | 540928 | ManagementAndGeneral |
| Fundraising | 82939 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2489266 | Total |
| Program Services | 90717 | ProgramServices |
| Management And General | 2393148 | ManagementAndGeneral |
| Fundraising | 5401 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 395213 | Total |
| Program Services | 356552 | ProgramServices |
| Management And General | 17826 | ManagementAndGeneral |
| Fundraising | 20835 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63800 | Total |
| Program Services | 55835 | ProgramServices |
| Management And General | 7136 | ManagementAndGeneral |
| Fundraising | 829 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1406746 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 1406746 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3494009 | Total |
| Program Services | 1625099 | ProgramServices |
| Management And General | 1868910 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 670054 | Total |
| Program Services | 2100 | ProgramServices |
| Management And General | 667954 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Student Food Services | 2379911 | 0 | 2379911 | 0 |
| Bad Debt | 551155 | 0 | 551155 | 0 |
| Bank Fees | 323214 | 0 | 323214 | 0 |
| All other expenses | 7106062 | 2981994 | 4065410 | 58658 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44833607 | Total |
| Program Services | 22418025 | ProgramServices |
| Management And General | 21063694 | ManagementAndGeneral |
| Fundraising | 1351888 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2133867 | BOY |
| EOY | 3973149 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17882538 | BOY |
| EOY | 16660115 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3255359 | BOY |
| EOY | 3077636 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2612044 | BOY |
| EOY | 3318197 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 995397 | BOY |
| EOY | 1010997 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15018 | BOY |
| EOY | 18826 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 632240 | BOY |
| EOY | 483989 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 97634183 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 36449051 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63084108 | BOY |
| EOY | 61185132 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2828897 | BOY |
| EOY | 3336934 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1140121 | BOY |
| EOY | 1078586 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1210493 | BOY |
| EOY | 1337889 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95790082 | BOY |
| EOY | 95481450 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3156193 | BOY |
| EOY | 2448298 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2032559 | BOY |
| EOY | 1973510 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41454405 | BOY |
| EOY | 39104246 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1242960 | BOY |
| EOY | 1126906 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47886117 | BOY |
| EOY | 44652960 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10313461 | BOY |
| EOY | 11690353 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34748017 | BOY |
| EOY | 36222863 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2842487 | BOY |
| EOY | 2915274 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47903965 | BOY |
| EOY | 50828490 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95790082 | BOY |
| EOY | 95481450 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 2924525 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | true | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Public Support Total170 | 0 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Pertcentage170 | 0 | PublicSupportPertcentage170 |
| Public Support Total509 | 0 | PublicSupportTotal509 |
| Public Support Percentage509 | 0 | PublicSupportPercentage509 |
| Investment Income Percentage | 0 | InvestmentIncomePercentage |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2828897 | BeginningOfYearBalance |
| Contributions | 72787 | Contributions |
| Investment Earnings Or Losses | 548306 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 113056 | GrantsOrScholarships |
| End Of Year Balance | 3336934 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2911297 | BeginningOfYearBalance |
| Contributions | 115986 | Contributions |
| Investment Earnings Or Losses | -84488 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 113898 | GrantsOrScholarships |
| End Of Year Balance | 2828897 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2431868 | BeginningOfYearBalance |
| Contributions | 51209 | Contributions |
| Investment Earnings Or Losses | 658816 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 230596 | GrantsOrScholarships |
| End Of Year Balance | 2911297 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2096717 | BeginningOfYearBalance |
| Contributions | 89127 | Contributions |
| Investment Earnings Or Losses | 246024 | InvestmentEarningsOrLosses |
| End Of Year Balance | 2431868 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2835390 | BeginningOfYearBalance |
| Contributions | 190585 | Contributions |
| Investment Earnings Or Losses | -704701 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 224557 | GrantsOrScholarships |
| End Of Year Balance | 2096717 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.87000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.13000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1314028 | OtherCostOrOtherBasis |
| Book Value | 1314028 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 78570410 | OtherCostOrOtherBasis |
| Depreciation | 22418642 | Depreciation |
| Book Value | 56151768 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 27112 | OtherCostOrOtherBasis |
| Depreciation | 27112 | Depreciation |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16582190 | OtherCostOrOtherBasis |
| Depreciation | 14003297 | Depreciation |
| Book Value | 2578893 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1140443 | OtherCostOrOtherBasis |
| Book Value | 1140443 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 61185132 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Asset Retirements | $70,875 |
| LT Notes Payable | $1,056,031 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1126906 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 47758132 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 47758132 | RevenueSubtotal |
| Total Revenue Per Form990 | 47758132 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 44833607 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 44833607 | ExpensesSubtotal |
| Total Expenses Per Form990 | 44833607 | TotalExpensesPerForm990 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | false | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Line 3 | THE COLLEGE MEETS THE REQUIREMENTS OF SUBSECTION 1 OF SECTION 4.03; CONSEQUENTLY, THIS DOES NOT APPLY. THE COLLEGE FITS THE DESCRIPTION OF 2B. AS STATED ABOVE, THE COLLEGE IS EXEMPT FROM THIS SECTION |
| Line 6b | THE COLLEGE RECEIVES SUCH FINANCIAL AID AS PELL, SEOG |
Schedule G IRS990ScheduleG
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | true | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|---|---|
| ROGER ANDERSON | |||||
| 151000 | 500 | 1200 | 9532 | 5989 | 168221 |
| DIANE FINNAN | |||||
| 175000 | 500 | 7875 | 2774 | 186149 | |
| BARBARA LEWTHWAITE | |||||
| 211458 | 20000 | 11718 | 312 | 243488 | |
| JAMES PATTERSON | |||||
| 142000 | 500 | 3600 | 7810 | 421 | 154331 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt I Line 1a | The President is provided use of a house owned by the College. Related services such as facilities, maintenance and housekeeping are provided by the college. |
| Pt I Line 1b | The college is responsible for any and all personal expenses. President is responsible for any and all personal expenses. |
| Pt I Line 6a | Upon the profitability of the institution. |
| Pt I Line 1b | The Presidnt was paid in accordance with a written Contract. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| NJ EDUCATIONAL FACILITIES AUTHORITY | ||||||||
| A | 221829511 | 64605KLBW | 2003-01-28 | 14775000 | Renovation/Refund O/S Revenue | false | false | false |
| NJ EDUCATIONAL FACILITIES AUTHORITY | ||||||||
| B | 221829511 | 000000000 | 2007-03-15 | 4784617 | Paydown of Construction Loan | false | false | false |
| NJ EDUCATIONAL FACILITIES AUTHORITY | ||||||||
| C | 221829511 | 000000000 | 2006-10-16 | 9154113 | Paydown of Construction Loan | false | false | false |
| NJ EDUCATIONAL FACILITIES AUTHORITY | ||||||||
| D | 221829511 | 000000000 | 2010-12-15 | 13974000 | Current refunding of construct | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Capitalized InterestCapitalizedInterest | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 5330000 | 14914350 | 389497 | 295500 | 169554 | 45791 | 8744009 | 5270000 | 2006 | true | false | true | true |
| B | 403817 | 4784617 | 93590 | 352771 | 4338256 | 2007 | true | false | true | true | |||
| C | 577500 | 9154113 | 140223 | 9013990 | 2006 | true | false | true | true | ||||
| D | 484000 | 13974000 | 165025 | 13808990 | 2010 | true | false | false | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs | Engage Bond Counsel ContractsEngageBondCounselContracts |
|---|---|---|---|---|---|---|---|---|
| A | false | true | false | false | true | false | true | |
| B | false | true | false | false | true | false | true | |
| C | false | true | true | false | true | false | true | |
| D | false | true | true | false | true | false | true | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC |
|---|---|---|---|---|
| A | false | true | true | false |
| B | false | true | false | false |
| C | false | true | false | false |
| D | false | true | false | false |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Commerce Bank, National Association Date February 16, 2006 | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues | Amount Of TransactionAmountOfTransaction |
|---|---|---|---|
| NORMAN WORTH | |||
| Board Member | Board Member of our Bank | false | |
| MIKE LAVERY | |||
| Board Member | Partner, Courter Kobert & Cohen | false | 12980 |
| NORMAN WORTH | |||
| Board Member | Centenary College Purchase Adv | false | 30375 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (15 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt VI, Line 2 | Centenary College has multiple trustees from the same family on it's Board. |
| Pt VI, Line 11b | Form 990 is prepared externally and reviewed by the CFP/COO |
| Pt VI, Line 12c | Each officer, Director, Trustee and key employee is required |
| to annually disclose any and all conflicts of interest that | |
| may arise by virtue of their employment or position with | |
| the college. Centenary College monitors compliance with | |
| its conflict of interest policy through an annual questionnaire | |
| submitted to said individuals. Any potential conflicts are | |
| investigated. | |
| Pt VI, Line 15a | Centenary College undertakes a rigorous process to ensure |
| Pt VI, Line 15b | that executive compensation paid to top managment officials and all |
| officers (and Key employees) of the organization is reasonable | |
| In relevant part, the board of trustees has establised a compensation | |
| committee comprised of independent perosn that have no personal | |
| interest in the proposed compensation arrangement. |