COLLEGE OF NEW ROCHELLE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- COLLEGE OF NEW ROCHELLE (EIN 13-1740447)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-15
- IRS object ID
- 201421359349307942
- 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 C
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-15T15:42:58-07:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131740447 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEGE OF NEW ROCHELLE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COLL | NameControl |
| Phone | 9146545000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 Castle Place | AddressLine1 |
| City | New Rochelle | City |
| State | NY | State |
| ZIP Code | 10805 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEITH BORGE | Name |
| Title | VP Financial Affairs | Title |
| Phone | 9146545552 | Phone |
| Date Signed | 2014-05-15 | DateSigned |
| 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 | Judith Huntington | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 Castle Place | AddressLine1 |
| City | New Rochelle | City |
| State | NY | State |
| ZIP Code | 10805 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 74237860 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.cnr.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1904 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | The College of New Rochelle's mission is to provide access to education. It currently educates more than 4,200 students annually by providing undergraduate and graduate education. The College has four schools, School of Arts & Sciences, School of Nursing, and the School of New Resources at the undergraduate level and the Graduate School. The College also provides room and board facilities for those students residing on campus. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 23 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1450 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 154335 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -14718 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8103512 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4825526 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 63171748 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 63437691 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 589948 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2541021 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 71865208 | TotalRevenuePriorYear |
| Total Revenue Current Year | 70804238 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10842131 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 11713184 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 37606364 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 36527419 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 3483795 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 24134493 | OtherExpensePriorYear |
| Other Expenses Current Year | 25088590 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 72582988 | TotalExpensesPriorYear |
| Total Expenses Current Year | 73329193 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -717780 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2524955 | RevenuesLessExpensesCY |
| Total Assets BOY | 115210659 | TotalAssetsBOY |
| Total Assets EOY | 112313153 | TotalAssetsEOY |
| Total Liabilities BOY | 84747458 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 82449554 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 30463201 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 29863599 | NetAssetsOrFundBalancesEOY |
| Mission Description | The College of New Rochelle derives its dedication to the education of women and men in the liberal arts and in professional studies. Building on 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 48698850 | Expense |
| Grants | 11713184 | Grants |
| Revenue | 57091478 | Revenue |
| Description | Higher Education: The College of New Rochelle provides undergraduate and graduate education for students attending School of Arts & Science, School of Nursing, School of New Resources and Graduate School | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3119353 | Expense |
| Grants | 0 | Grants |
| Revenue | 5689561 | Revenue |
| Description | Room and Board for Students residing on the New Rochelle campus and general fees for all student | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 51818203 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 35 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1450 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 23 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The College of New Rochelle | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9146545000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 Castle Place | AddressLine1 |
| City | New Rochelle | City |
| State | NY | State |
| ZIP Code | 10805 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (34 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|---|
| Elizabeth LeVaca | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| John Nicholson | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Leo O'Donovan | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Ann Peterson | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Christianne Ricchi | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Kevin Service | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Saddie Smith | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Rosa K Barksdale | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Lillian Brennan Carney | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Karen Helfenstein | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Regina Kehoe | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Jane Scully Reichle | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Joan Woodcome | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Michael Ambler | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Tyronne Davis | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Kathleen Finnerty | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Joan Freilich | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Hugh Johnston | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Carla L Romita Eccleston | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Peter Javier | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Judy P Kenny | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| Margaret Ann Moser OSU | ||||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||||
| James Reichbach | ||||||||||
| Tristee | 1 | X | 0 | 0 | 0 | |||||
| Thomas A Conniff | ||||||||||
| Secretary | 1 | 0 | 0 | 0 | X | |||||
| Keith Borge | ||||||||||
| Vice President | 40 | 226057 | 0 | 691 | X | 0 | ||||
| Judith Huntington | ||||||||||
| President | 40 | 362220 | 0 | 19259 | X | 0 | ||||
| Ellen Curry Damato | ||||||||||
| Executive Vice President | 40 | 260215 | 0 | 14159 | 0 | X | ||||
| Dorothy Escribano | ||||||||||
| Vice President | 40 | 258846 | 0 | 9208 | 0 | X | ||||
| Brenna Mayer | ||||||||||
| Vice President | 40 | 218445 | 0 | 14159 | 0 | X | ||||
| Joan Bailey | ||||||||||
| Vice President | 40 | 192992 | 0 | 9203 | 0 | X | ||||
| Collette Geary | ||||||||||
| Vice President Student Services | 40 | 213149 | 0 | 691 | 0 | X | ||||
| Ellen Lockamy | ||||||||||
| Associate Vice President | 40 | 150270 | 0 | 14159 | 0 | X | ||||
| Richard Thompson | ||||||||||
| Dean | 40 | 142794 | 0 | 19259 | 0 | X | ||||
| Stephen Sweeny | ||||||||||
| President Emeritus | 40 | 144925 | 0 | 0 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2169913 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 100788 | TotalOtherCompensation |
| Number Individuals GT100 K | 39 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | Address Line2AddressOfContractor/AddressUS/AddressLine2 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|---|
| DB Systems Corp | ||||||
| 34 South Broadway | Suite 601 | White Plains | NY | 10601 | Computer System | 2023990 |
| Culinart | ||||||
| 175 Sunnyside Blvd | Plainview | NY | 11803 | College Food Service | 1562014 | |
| Waldorf Risk Associates | ||||||
| PO Box 590 | Huntington | NY | 11743 | Insurance Broker | 384119 | |
| Sodexo Inc | ||||||
| PO Box 360170 | Pittsburgh | PA | 15251 | College Food Service | 164432 | |
| Cullen and Dykman | ||||||
| 44 Wall Street | New York | NY | 10005 | Law Firm | 124555 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 0 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 1004219 | GovernmentGrants |
| All Other Contributions | 3821307 | AllOtherContributions |
| Noncash Contributions | 184480 | NoncashContributions |
| Total Contributions | 4825526 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Tuition and Fees | 611310 | 57091478 | 57091478 | 0 | $0 |
| Room and Board | 611310 | 2358272 | 2358272 | 0 | $0 |
| General Fees | 611310 | 3331289 | 3331289 | 0 | $0 |
| Other Auxiliary | 611310 | 656652 | 502317 | 154335 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 63437691 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 704623 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $704,623 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 57727 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $57,727 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5212293 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3433622 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1778671 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1778671 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,778,671 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 0 | CntrbtnsRprtdFundraisingEvents |
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 70804238 | TotalRevenueColumn |
| Related Or Exempt Function Income | 63283356 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 154335 | UnrelatedBusinessRevenue |
| Exclusion | $2,541,021 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11713184 | Total |
| Program Services | 11713184 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 848492 | Total |
| Program Services | 424246 | ProgramServices |
| Management And General | 424246 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29732611 | Total |
| Program Services | 23096701 | ProgramServices |
| Management And General | 5347032 | ManagementAndGeneral |
| Fundraising | 1288878 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 423170 | Total |
| Program Services | 295129 | ProgramServices |
| Management And General | 105991 | ManagementAndGeneral |
| Fundraising | 22050 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3488733 | Total |
| Program Services | 2634902 | ProgramServices |
| Management And General | 706794 | ManagementAndGeneral |
| Fundraising | 147037 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2034413 | Total |
| Program Services | 1536512 | ProgramServices |
| Management And General | 412158 | ManagementAndGeneral |
| Fundraising | 85743 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 253859 | Total |
| Management And General | 253859 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 143000 | Total |
| Management And General | 143000 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29266 | Total |
| Management And General | 29266 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 131000 | Total |
| Management And General | 131000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2729873 | Total |
| Management And General | 2265795 | ManagementAndGeneral |
| Fundraising | 464078 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6331944 | Total |
| Program Services | 2863650 | ProgramServices |
| Management And General | 3043679 | ManagementAndGeneral |
| Fundraising | 424615 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 770000 | Total |
| Program Services | 35000 | ProgramServices |
| Management And General | 390000 | ManagementAndGeneral |
| Fundraising | 345000 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6904690 | Total |
| Program Services | 3119353 | ProgramServices |
| Management And General | 3322807 | ManagementAndGeneral |
| Fundraising | 462530 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2249704 | Total |
| Program Services | 1867254 | ProgramServices |
| Management And General | 292462 | ManagementAndGeneral |
| Fundraising | 89988 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2973521 | Total |
| Program Services | 2468872 | ProgramServices |
| Management And General | 385908 | ManagementAndGeneral |
| Fundraising | 118741 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 583630 | Total |
| Management And General | 583630 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Food Service | 1763400 | 1763400 | 0 | 0 |
| Telephone | 189568 | 0 | 189568 | 0 |
| Shipping & Postage | 35135 | 0 | 0 | 35135 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73329193 | Total |
| Program Services | 51818203 | ProgramServices |
| Management And General | 18027195 | ManagementAndGeneral |
| Fundraising | 3483795 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 212375 | BOY |
| EOY | 196388 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10631915 | BOY |
| EOY | 10483703 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4432074 | BOY |
| EOY | 4141967 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4640600 | BOY |
| EOY | 4695685 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40521 | BOY |
| EOY | 35280 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 445369 | BOY |
| EOY | 294120 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 128871194 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 67247808 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62689916 | BOY |
| EOY | 61623386 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21177499 | BOY |
| EOY | 18955584 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10940390 | BOY |
| EOY | 11887040 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 115210659 | BOY |
| EOY | 112313153 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5713254 | BOY |
| EOY | 5815041 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1136936 | BOY |
| EOY | 758101 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58539167 | BOY |
| EOY | 57117234 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10500000 | BOY |
| EOY | 10500000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8858101 | BOY |
| EOY | 8259178 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84747458 | BOY |
| EOY | 82449554 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20467497 | BOY |
| EOY | 20493184 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5278396 | BOY |
| EOY | 4520401 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4717308 | BOY |
| EOY | 4850014 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30463201 | BOY |
| EOY | 29863599 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 115210659 | BOY |
| EOY | 112313153 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -2524955 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 655151 | ReconciliationUnrealizedInvest |
| Reconcilation Donated Services | 0 | ReconcilationDonatedServices |
| Reconcilation Invest Expenses | 0 | ReconcilationInvestExpenses |
| Reconcilation Prior Adjustment | 0 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 1270202 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 1 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 1 | GrantsOtherOrganizations |
| Grants Other Organizations | $29,266 | GrantsOtherOrganizationsAmount |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 29266 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchC_P2B_S00_L01 | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | Schedule C, Part II B, Line1 - Schedule C, Part II B Line 1 - The College of New Rochelle participates and pays dues as a member of the Commission of Independent College and Universities ( New York State) and the National Association of Independent Colleges and Universities. Such membership organizations allocate part of their dues to lobbying | Explanation |
Schedule D IRS990ScheduleD
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21177299 | BeginningOfYearBalance |
| Contributions | 107000 | Contributions |
| Investment Earnings Or Losses | 2408116 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 295193 | GrantsOrScholarships |
| Other Expenditures | 4310638 | OtherExpenditures |
| Administrative Expenses | 131000 | AdministrativeExpenses |
| End Of Year Balance | 18955584 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23260387 | BeginningOfYearBalance |
| Contributions | 7050 | Contributions |
| Investment Earnings Or Losses | -1683202 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 258736 | GrantsOrScholarships |
| Other Expenditures | 0 | OtherExpenditures |
| Administrative Expenses | 148000 | AdministrativeExpenses |
| End Of Year Balance | 21177499 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19539540 | BeginningOfYearBalance |
| Contributions | 165983 | Contributions |
| Investment Earnings Or Losses | 4009935 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 317071 | GrantsOrScholarships |
| Other Expenditures | 0 | OtherExpenditures |
| Administrative Expenses | 138000 | AdministrativeExpenses |
| End Of Year Balance | 23260387 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17934845 | BeginningOfYearBalance |
| Contributions | 162950 | Contributions |
| Investment Earnings Or Losses | 1931187 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 286623 | GrantsOrScholarships |
| Other Expenditures | 93490 | OtherExpenditures |
| Administrative Expenses | 109329 | AdministrativeExpenses |
| End Of Year Balance | 19539540 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21585410 | BeginningOfYearBalance |
| Contributions | 7380 | Contributions |
| Investment Earnings Or Losses | -2842727 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 367326 | GrantsOrScholarships |
| Other Expenditures | 353572 | OtherExpenditures |
| Administrative Expenses | 94320 | AdministrativeExpenses |
| End Of Year Balance | 17934845 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.59 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.41 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 258703 | OtherCostOrOtherBasis |
| Book Value | 258703 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 99129421 | OtherCostOrOtherBasis |
| Depreciation | 41303746 | Depreciation |
| Book Value | 57825675 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 29284815 | OtherCostOrOtherBasis |
| Depreciation | 25944062 | Depreciation |
| Book Value | 3340753 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 198255 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 198255 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 61623386 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Bond Discount & cost of issuance | 1209110 |
| Investments | 3332891 |
| Deposits with bond Trustees | 2339351 |
| Interst in perpetual trust | 351509 |
| Goverment receivable under student aid | 4654179 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 11887040 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Interest rate swap agreement | $4,398,927 |
| US government grants refundable | $2,668,637 |
| Post retirement benfit | $993,000 |
| Payroll Taxes | $198,614 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 8259178 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 59615205 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 655151 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | 655151 | RevenueNotRptdF990 |
| Revenue Subtotal | 58960054 | RevenueSubtotal |
| Investment Expenses Not Included | 131000 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 11713184 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 11844184 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 70804238 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 61485009 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 61485009 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 131000 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 11713184 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 11844184 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 73329193 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P03_S00_L01 | Schedule D, Part III, Line 1 | 75 Photographs were received by the College as a gift in Fiscal Year 2012 |
| SchD_P03_S00_L04 | Schedule D, Part III, Line 4 | The photos are used for instructional purpose |
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | Schedule D Part V, Line 4 - Schedule D Part V, Line 4 - The College of New Rochelle's Endowment Funds are held for long term growth. Income generated from the Endowment Fund ( interest and dividends are used to fund scholarships for students |
| SchD_P10_S00_L02 | Schedule D, Part X, Line 2 | After a review of all financial information management has made the decision the FIN 48 will not affect the College |
| SchD_P11_S00_L04b | Schedule D, Part XI, Line 4b | Grants and Aid given to the students |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | Student Aid |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchE_P01_S00_L03 | Schedule E, Part I, Line 3 | The College of New Rochelle publicize its racial non-discriminatory policy through newspaper advertisement and various forms of media as well as during periods of registration |
| SchE_P01_S00_L06 | Schedule E, Part I, Line 6 | Schedule E, Part I, Line 6 - Schedule E, Part 1, Line 6 - The College of New Rochelle participates in the financial aid programs of the US Department of Education and New York TAP |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | (1) see schedule I, Part IV Statement 1 Unfunded scholarships and grants as well as recent scholarships and grants ( need and non need based) provided to the student in the four schools of the College. The scholarships are credited to students accounts and no further monitoring is required since the College controls the funds at all times. | TypeOfGrant |
| Number Of Recipients | 3200 | NumberOfRecipients |
| Amount Of Cash Grant | 11713184 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | Financial aid award letter | MethodOfValuation |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchI_P01_S00_L02 | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | See Schedule I, Part IV, Statement 1 | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Judith Huntington | ||||||||||||||
| President | 362220 | 0 | 0 | 0 | 0 | 0 | 6250 | 0 | 19259 | 0 | 387729 | 0 | 0 | 0 |
| Keith Borge | ||||||||||||||
| Vice President | 226057 | 0 | 0 | 0 | 0 | 0 | 5651 | 0 | 691 | 0 | 232399 | 0 | 0 | 0 |
| Dorothy Escribano | ||||||||||||||
| Vice President | 258846 | 0 | 0 | 0 | 0 | 0 | 6250 | 0 | 9208 | 0 | 274304 | 0 | 0 | 0 |
| Ellen Curry Damato | ||||||||||||||
| Executive Vice President | 260215 | 0 | 0 | 0 | 0 | 0 | 6250 | 0 | 14159 | 0 | 280624 | 0 | 0 | 0 |
| Brenna Mayer | ||||||||||||||
| Vice President | 218445 | 0 | 0 | 0 | 0 | 0 | 5461 | 0 | 14159 | 0 | 238065 | 0 | 0 | 0 |
| Joan Bailey | ||||||||||||||
| Vice President | 192992 | 0 | 0 | 0 | 0 | 0 | 4824 | 0 | 9204 | 0 | 207020 | 0 | 0 | 0 |
| Collette Geary | ||||||||||||||
| Vice President Student Services | 213149 | 0 | 0 | 0 | 0 | 0 | 5328 | 0 | 691 | 0 | 219168 | 0 | 0 | 0 |
| Ellen Lockamy | ||||||||||||||
| Associate Vice President | 150270 | 0 | 0 | 0 | 0 | 0 | 3756 | 0 | 14159 | 0 | 168185 | 0 | 0 | 0 |
| Richard Thompson | ||||||||||||||
| Dean | 142794 | 0 | 0 | 0 | 0 | 0 | 3569 | 0 | 19259 | 0 | 165622 | 0 | 0 | 0 |
| Stephen Sweeny | ||||||||||||||
| President Emeritus | 144925 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 691 | 0 | 145616 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchJ_P01_S00_L01a | Identifier |
| Return Reference | Schedule J, Part I, Line 1a | ReturnReference |
| Explanation | Schedule J, Part 1a - Schedule J, Part 1a - The College of New Rochelle provides on campus housing for two employees: The Vice President of Student Servicesand the Vice Preesident for Mission and Identity. This on campus houing is required as part of the individuals job description and is for the convenience of the College. Clubs dues are provideed to the President for use when conducting business on behlf of the College. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dormitory Authority of the State of New York | BusinessNameLine1 |
| Business Name Line2 | College of New Rochelle | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 131740447 | IssuerEIN |
| CUSIP Number | 6499032G5 | CUSIPNumber |
| Date Issued | 2008-08-06 | DateIssued |
| Issue Price | 40000000 | IssuePrice |
| Description Of Purpose | Defease NYCIDA 1995 and 1997 and replace construction loan | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 9927463 | AmountBondDefeased |
| Total Proceeds | 40000000 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 115349 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 2219633 | WorkingCapitalExpenditures |
| Capital Expenditures | 28960832 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2009 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 1 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0 | TotalPrivateBusinessUse |
| Bond Iss Meet Prvt Security Pay Test | 1 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 1 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 1 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RBS Citizens Bank | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 10 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 1 | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | 0 | ProcToUndertkCorrectiveAction |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Castle Oil | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Owned by Trustee | Relationship |
| Amount Of Transaction | 188748 | AmountOfTransaction |
| Description Of Transaction | The purchasing of heating oil at FMV | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Securities Miscellaneous SecuritiesMiscellaneous
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 12 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 184480 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Fair Market Value | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | Form 990, Part VI Section B, line 11b - Form 990, Part VI Line 11b A draft copy of the Form 990 will be reviewed by the Audit Committee of the Board of Trustee. Any questions will be address by the administration and our auditors. A copy of the Form 990 will be provided to all Board of Trustee members prior to filing |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | Form 990, Part VI Section B Line 12c - Form 990 Part VI Section B Line 12c - Conflict of interest statement are completed annually by the Board of Trustees and are reviewed annually by the College's Attorney |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | Form 990, Part VI Section B Line 15 - Form 990, Part VI Section B, Line5 - The compensation of officers and key employees is reviewed and compared to comparable 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 also documented |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | Form n990, Part VI, Section C, Line 19 - Form 99o, Part VI, Section C, Line 19 - These documents are distributed upon request. |
| F990_P11_S00_L09 | Form 990, Part XI, Line 9 | Schedule D, Part XI Line 9 - Value change in Swap agreement 1,345,202 Net Periodic Benefit cost 75,000 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Requested an extentison which was granted | Explanation |