2014-03-11T08:54:13-05:00 2013-06-30 161131146 BONADIO & CO LLP 115 SOLAR STREET SYRACUSE NY 13204 990 2012-07-01 150543658 CAZENOVIA COLLEGE CAZE 3156557000 95 ALBANY STREET CAZENOVIA NY 13035 MARK EDWARDS 3156557000 2014-03-11 1 BETTINA LIPPHARDT P00956232 3152147575 2014-03-11 2012 2015-11-30 17:44:51Z MARK EDWARDS 95 ALBANY STREET CAZENOVIA NY 13035 45556715 0 X WWW.CAZENOVIA.EDU X 1824 NY COMMITMENT TO A LIFE INFORMED BY INTELLECTUAL, ETHICAL, AND AESTHETIC VALUES; TO DEVELOP SKILLS NECESSARY FOR THE PURSUIT OF A MEANINGFUL VOCATION; AND TO INSPIRE DEDICATION TO THE IDEAL OF SERVICE IN THEIR COMMUNITIES. THE COLLEGE OFFERS UNDERGRADUATE AND CONTINUING EDUCATION PROGRAMS, AND IS PRIMARILY FUNDED BY TUITION, AUXILIARY SERVICES REVENUE, AND OTHER STUDENT FEES CHARGED FOR PROGRAMS OFFERED. 28 27 1054 0 417832 -82451 3375559 1618420 33522131 34432018 667124 2193346 194738 297581 37759552 38541365 13239137 14352538 0 0 13785582 14591039 0 0 1215174 9776660 9938445 36801379 38882022 958173 -340657 62817155 64180321 24438340 24735689 38378815 39444632 X FOUNDED IN 1824, CAZENOVIA COLLEGE IS A SMALL, INDEPENDENT, COEDUCATIONAL COLLEGE OFFERING BACCALAUREATE PROGRAMS IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES. EMBRACING STUDENT SUCCESS AS ITS PRIMARY MISSION, THE COLLEGE COMPRISES A DIVERSE YET CLOSE-KNIT RESIDENTIAL COMMUNITY THAT FOSTERS INTELLECTUAL, SOCIAL, AND ETHICAL GROWTH. OUR EXPERIENTIAL AND CO-CURRICULAR LEARNING OPPORTUNITIES AND DEDICATED TEAM OF FACULTY AND STAFF PROVIDE FOR AN INDIVIDUALIZED EDUCATIONAL EXPERIENCE THAT BALANCES ACADEMIC AND STUDENT LIFE. GRADUATES OF CAZENOVIA COLLEGE POSSESS THE KNOWLEDGE AND SKILLS NECESSARY TO BECOME INFORMED AND SUCCESSFUL PARTICIPANTS IN THE GLOBAL COMMUNITY. 0 0 34230683 14352538 36499451 THE COLLEGE PROVIDED EDUCATIONAL SERVICES TO APPROXIMATELY 1,365 STUDENTS. ALL PROGRAM EXPENSES ARE INCURRED TO FURTHER THE EDUCATION OF THESE STUDENTS. 34230683 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 1 109 0 1 1054 1 1 1 0 0 0 0 1 1 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARK EDWARDS 3156557334 95 ALBANY STREET CAZENOVIA NY 13035 BRADFORD WHELER 1.00 X X 0 0 0 CAROLYN CHARLES DEACON 1.00 X X 0 0 0 THOMAS R TARTAGLIA 1.00 X X 0 0 0 ROBERTA LEE AUGUST 1.00 X 0 0 0 DACIA L BANKS 1.00 X 0 0 0 ERIC M BROWN 1.00 X 0 0 0 ALBERT J BUDNEY 1.00 X 0 0 0 ANDREW G CHURCH 1.00 X 0 0 0 PAUL W DELIMA 1.00 X 0 0 0 VICTOR A DISERIO 1.00 X 0 0 0 WILLIAM B EBERHARDT 1.00 X 0 0 0 PAULA STEC FENGER 1.00 X 0 0 0 MICHAEL D FLANNERY 1.00 X 0 0 0 STEPHEN D FOURNIER 1.00 X 0 0 0 CATHERINE A GALE 1.00 X 0 0 0 STEVEN J INFANTI SR 1.00 X 0 0 0 WILLIAM LOCKE 1.00 X 0 0 0 MARGIE DOBIN MILLER 1.00 X 0 0 0 JUDITH ROSE NUTTING 1.00 X 0 0 0 MARGERY A PINET 1.00 X 0 0 0 DAVID WC PUTNAM 1.00 X 0 0 0 BETTY OGLETREE ROBERTS 1.00 X 0 0 0 BETSY ROSENFIELD SAMET 1.00 X 0 0 0 RICHARD S SCOLARO 1.00 X 0 0 0 RICHARD L SMITH 1.00 X 0 0 0 JAMES G WEBSTER 1.00 X 0 0 0 CONNIE M WHITTON 1.00 X 0 0 0 WINIFRED E COLEMAN 1.00 X 0 0 0 ROBERT S CONSTABLE 1.00 X 0 0 0 CHARLES B MORGAN 1.00 X 0 0 0 BARBARA C WHELER 1.00 X 0 0 0 MARK TIERNO 37.50 X 248696 0 16886 MARK EDWARDS 37.50 X 119238 0 14101 DONALD MCCRIMMON 37.50 X 114342 0 14362 ROBERT CROOT 37.50 X 103702 0 2050 SUSAN BERGER 37.50 X 106587 0 9433 692565 0 56832 5 0 1 0 BURTON F CLARK INC PO BOX 427 DELHI NY 13753 CONSTRUCTION 150550 RONALD LOYD DIMON CONSTRUCTION INC 4911 PALMER RD MANLIUS NY 13104 CONSTRUCTION 146440 WADE TOURS 337 KIRKLAND AVE CLINTON NY 13323 TRANSPORTATION 112833 3 4080 687155 927185 1618420 TUITION AND FEES 611600 24974922 24974922 AUXILIARY SERVICES 611600 9384447 8966615 417832 INTEREST STUDENT LOANS 611600 72649 72649 34432018 497705 497705 8705383 7009742 1695641 1695641 1695641 11270 4080 5608 5662 5662 MISCELLANEOUS 611600 291919 291919 291919 38541365 36499451 417832 5662 14352538 14352538 998358 323824 578086 96448 10786305 9072529 1077141 636635 191507 148283 32339 10885 1755393 1342709 297096 115588 859476 665489 145135 48852 62011 62011 54600 54600 110140 110140 266500 167849 39691 58960 490230 289114 136354 64762 1865585 1570979 219869 74737 334851 223479 27628 83744 80463 44226 36237 961733 961733 1833686 1758954 74732 193029 185140 7889 AUXILLARY ENTERPRISES 1400726 1400726 MISCELLANEOUS 1030859 1000190 6106 24563 UTILITIES 753749 722921 30828 UBIT EXPENSES 500283 500283 38882022 34230683 3436165 1215174 192682 156697 3273941 2453150 787203 706212 300183 298878 93848 92731 689453 660822 63251433 32265440 31109318 30985993 23310212 25854629 3060315 2971209 62817155 64180321 614764 984349 22240759 22365951 1582817 1385389 24438340 24735689 X 31255959 31411209 3085097 3796730 4037759 4236693 38378815 39444632 62817155 64180321 X -340657 1195798 210676 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5071818 198934 617470 197125 5691097 4948365 266288 32789 175624 5071818 3924577 523966 885170 385348 4948365 3391481 66297 468670 1871 3924577 4126385 180361 -791815 123450 3391481 0.74440 0.25560 1 0 890977 890977 45291478 19015318 26276160 286097 116767 169330 12033674 10411070 1622604 4749207 2722285 2026922 30985993 ADVANCE PAYMENTS 99580 ANNUITY PAYABLE 52815 ASSET RETIREMENT OBLIGATION 1225852 ALTERNATIVE LOAN CLEARING 7142 1385389 X 39632259 1195798 210676 1406474 38225785 110140 205440 315580 38541365 38566442 0 38566442 110140 205440 315580 38882022 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE EARNINGS ON THE COLLEGE'S ENDOWED FUNDS ARE USED FOR SCHOLARSHIPS, CAPITAL FUNDING, AND ANNUAL SUPPORT FOR OPERATIONS AS DEFINED BY THE BUDGET. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE COLLEGE HAS NOT RECOGNIZED ANY BENEFITS FROM UNCERTAIN TAX POSITIONS IN 2013 AND BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS FOR WHICH IT IS REASOANBLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE BALANCE SHEET DATE. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON SWAP 198,426. UNREALIZED GAIN ON UNITRUST 12,250. PART XI, LINE 4B - OTHER ADJUSTMENTS: CAPTIAL CAMPAIGN EXPENSES 205,440. PART XII, LINE 4B - OTHER ADJUSTMENTS: CAPTIAL CAMPAIGN EXPENSES 205,440. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 NON DISCRIMINATORY POLICIES ARE CONTAINED IN THE COLLEGE CATALOG AND THE ADMISSIONS PACKET. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 PELL, SEOG, CWS, TITLE IV, VEA AWARDS GIVEN TO STUDENTS BASED UPON NEED WHERE COLLEGE ACTS AS CUSTODIAN AGENT FOR THE FUNDS. IN SOME INSTANCES THE COLLEGE CONTRIBUTES TO SCHOLARSHIPS AND STUDENT LOANS. PELL - BASIC EDUCATIONAL OPPORTUNITY GRANTS SEOG - SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS CWS - COLLEGE WORK STUDY PROGRAM GSL/PLUS LOAN PRGORAM - STAFFORD GUARANTEED STUDENT LOAN TITLE IV - LEARNING ACCELERATION PROGRAM VEA - VOCATIONAL EDUCATION ACT FINANCIAL ASSISTANCE IN THE FORM OF PERKINS LOAN WAS SUSPENDED IN 1988-1989 WHEN THE DEFAULT RATE WAS GREATER THAN 15%. STEPS WERE TAKEN TO LOWER THE DEFAULT RATE RESULTING IN THE COLLEGE RECEIVING FINANCIAL ASSISTANCE ALLOCATIONS IN THE FORM OF PERKINS LOANS IN THE 1991-1992 YEAR. X X X X X X X 1 CONSTELLATION ADVANCEMENT LLC 17 VILLAGE ROAD PO BOX 188 NEW VERNON NJ 07976 CAPITAL CAMPAIGN CONSULTANT 0 269167 50000 219167 269167 50000 219167 NY GOLF TOURNAMENT 15350 4080 11270 4420 1188 15350 4080 11270 4420 1188 5608 5662 1 WORKSTUDY GRANT 236 93304 CASH SEOG MATCHING GRANT 319 87780 CASH CAZENOVIA COLLEGE GRANTS 922 14171454 CASH THE COLLEGE VERIFIES THAT THE RECIPIENT MEETS THE GUIDELINES OF EACH SPECIFIC AWARD. THE COLLEGE APPLIES GRANT MONIES DIRECTLY TO STUDENT BALANCES. X X X X 0 1 X X X X X 0 0 0 0 0 0 0 0 0 MARK TIERNO 241331 0 0 0 7365 0 4758 0 12128 0 265582 0 0 0 PART I, LINE 1B DR. TIERNO IS COMPENSATED PER HIS SIGNED EMPLOYMENT CONTRACT. A MADISON COUNTY IDA 521325841 2006-03-28 9975000 CAPITAL IMPROVEMENTS 0 0 0 A 9894917 199500 9695417 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 SUSAN A BERGER FAMILY MEMBER IS A PARTNER AT BOND, SCHOENECK & KING, LLP 50080 BOND, SCHOENECK & KING, LLP PROVIDES LEGAL SERVICES TO THE COLLEGE. 0 X 17 95624 TRADE PRICE AT DONATION 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 WAS REVIEWED BY A MEMBER OF THE AUDIT COMMITTEE WHO IS AN INDEPENDENT TAX PROFESSIONAL WITH A REGIONAL CPA FIRM. AFTER HIS REVIEW IT WAS SENT TO THE FULL BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE REQUIRES CONFLICT OF INTEREST QUESTIONNAIRES TO BE COMPLETED ANNUALLY FOR OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES AND MEMBERS OF MANAGEMENT. THESE ARE MAINTAINED BY THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES OF TOP MANAGEMENT ARE REVIEWED BY THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS. THE COMMITTEE UTILIZES COMPENSATION AND BENEFITS INFORMATION FROM SIMILAR COLLEGES. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE DOCUMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE THROUGH VARIOUS COLLEGE COMPARATIVE DATA WEBSITES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON SWAP 198,426. UNREALIZED GAIN ON UNITRUST 12,250. FORM 990 PART XII LINE 2C RESPONSIBILITY FOR AUDIT THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND HAS RESPONSIBILITY FOR FINAL APPROVAL OF THE AUDITED FINANCIAL STATEMENTS AS WELL AS APPOINTING OUTSIDE ACCOUNTANTS. CAZENOVIA GRILL LLC 22 SULLIVAN ST CAZENOVIA NY 13035 264663877 INACTIVE NY N/A