2014-02-24T11:17:53-06:00 2013-06-30 221478099 COHNREZNICK LLP 4 BECKER FARM ROAD ROSELAND NJ 07068 990 2012-07-01 221912028 FELICIAN COLLEGE FELI 2015596094 262 SOUTH MAIN STREET LODI NJ 07644 JEFFERY BRUNETTO 2015596094 2014-02-21 1 THOMAS LANNING P00851654 9732283500 2012 2015-11-30 17:44:51Z DR ANNE PRISCO 262 SOUTH MAIN STREET LODI NJ 07644 59659710 0 X WWW.FELICIAN.EDU X 1942 NJ FELICIAN COLLEGE IS THE CATHOLIC FRANCISCAN COLLEGE OF NEW JERSEY, SPONSORED BY THE FELICIAN SISTERS WITH THE MISSION OF EDUCATING A DIVERSE STUDENT POPULATION WITHIN A LIBERAL ARTS FRAMEWORK. THE COLLEGE PROVIDES LEARNING EXPERIENCES THROUGH MULTIPLE MODALITIES, REINFORCED WITH STRONG STUDENT DEVELOPMENT PROGRAMS TO OPTIMIZE STUDENT SUCCESS. 12 11 813 0 0 16466 1695697 1205629 54146474 51176955 407019 609873 -51330 329316 56197860 53321773 12109780 12279708 0 0 26012014 26370795 126000 126000 1454323 15099518 13939790 53347312 52716293 2850548 605480 61784272 65352605 12872545 15382336 48911727 49970269 X FELICIAN COLLEGE IS THE CATHOLIC FRANCISCAN COLLEGE OF NEW JERSEY, SPONSORED BY THE FELICIAN SISTERS WITH THE MISSION OF EDUCATING A DIVERSE STUDENT POPULATION WITHIN A LIBERAL ARTS FRAMEWORK. THE COLLEGE PROVIDES LEARNING EXPERIENCES THROUGH MULTIPLE MODALITIES, REINFORCED WITH STRONG STUDENT DEVELOPMENT PROGRAMS TO OPTIMIZE STUDENT SUCCESS. 0 0 42320812 12279708 51624588 FELICIAN CONTINUES TO ENROLL STUDENTS THROUGHOUT THE TRI-STATE REGION AND WITH THE GROWTH OF ON-LINE EDUCATIONAL PROGRAMS ACROSS THE NATION AND THE WORLD. ACADEMIC PROGRAM DIVERSITY IN AREAS SUCH AS NURSING, EDUCATION, CYBERSECURITY, AND THE 5 YEAR MBA PROGRAM AS WELL AS THE ADDITION OF DOCTORAL PROGRAMS ARE ATTRACTING AN INCREASINGLY DIVERSIFIED STUDENT POPULATION. THE COLLEGE ENROLLED 2103 STUDENTS IN THE 2012-13 ACADEMIC YEAR. REFURBISHED RESIDENCE HALLS, STATE OF THE ART SCIENCE LABORATORIES AND THE MODIFICATIONS TO THE STUDENT CENTER ON THE RUTHERFORD CAMPUS HAVE EXPANDED STUDENT LIFE ACTIVITIES WHICH HAVE RESULTED IN A STRONG INCREASE IN CAMPUS COMMUNITY AND RETENTION. 42320812 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 2835 2 1 813 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 12 11 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MICHAEL FESCOE 2015596004 262 SOUTH MAIN ST LODI NJ 07644 ANTHONY SCARDINO JR 1.00 X 0 0 0 ANTHONY SCIUTO ESQ 1.00 X 0 0 0 DR ANNE PRISCO 35.00 X X 127524 0 22101 GARY WALSH ESQ 1.00 X 0 0 0 JAMES LUBAWSKI 1.00 X 0 0 0 JOHN FOWLER 1.00 X 0 0 0 JOHN MAZUR 1.00 X 0 0 0 RAYMOND BRAMUCCI 1.00 X 0 0 0 SISTER MARY AQUINAS SZOTT 1.00 X X 0 0 0 SISTER MARY BRIDGET BECKER 1.00 X 0 0 0 SISTER MARY CHARLES WIENCKOSKI 1.00 X 0 0 0 SISTER MARY FELICIA BRODOWSKI 1.00 X 0 0 0 STEPHEN LOIACONO 1.00 X 0 0 0 DR CHARLES ROONEY 35.00 X 48712 0 19835 MARC CHALFIN 35.00 X 74279 0 4635 MICHAEL FESCOE 35.00 X 179050 0 19752 SISTER MARY ROSITA BRENNAN 35.00 X 0 0 0 SISTER MARY JUANITA ARNISTER 35.00 X 0 0 0 ARTHUR GOON 35.00 X 179298 0 35214 SUSAN CHALFIN 35.00 X 152025 0 8870 BETH CASTIGLIA 35.00 X 141450 0 11940 CELESTE ORANCHAK 35.00 X 146404 0 25237 EDWARD KUBERSKY 35.00 X 114675 0 19357 MURIEL SHORE 35.00 X 123600 0 11955 ROSE RUDNITSKI 35.00 X 118429 0 5366 1405446 0 184262 16 0 1 0 ASSET PROTECTION GROUP LLC 116 NORTH BROADWAY SOUTH AMBOY NJ 08879 SECURITY 262292 SIMPSON TOTAL CONSTRUCTION LLC 292 NORTH HALEDON AVE NORTH HALEDON NJ 07508 CONSTRUCTION 146553 COHNREZNICK LLP 4 BECKER FARM ROAD ROSELAND NJ 07068 ACCOUNTING 143058 PAWEL HAJDUK DBA PAUL TILE & CONSTRUCT 994 2319 COLONIAL DRIVE RAHWAY NJ 07065 CONSTRUCTION 118994 HISTORIC BUILDING ARCHITECTS 312 WEST STATE STREET TRENTON NJ 08618 ARCHITECT 116278 5 300278 89103 816248 66988 1205629 TUITION & FEES 611710 48526272 48526272 AUXILARY ENTERPRISE 611710 2650683 2650683 51176955 242214 242214 6515381 6147722 367659 367659 367659 59548 300278 184040 -124492 -124492 12350 6175 6175 6175 OTHER 900099 447633 447633 447633 53321773 51624588 0 491556 12279708 12279708 941547 793871 115316 32360 20987864 17696051 2570477 721336 932834 786525 114248 32061 1705166 1437721 208840 58605 1803384 1520535 220868 61981 957023 146275 756373 54375 94187 94187 107000 107000 126000 126000 76292 76292 1071869 1041928 29941 2673409 2075724 488235 109450 477888 285120 162524 30244 2770186 1717516 941863 110807 369974 300454 68374 1146 83500 50316 31524 1660 42757 42757 332391 332391 2229484 2229484 461637 104584 357053 FOOD SERVICES 1354385 1300830 16608 36947 OTHER 650483 263938 309194 77351 STUDENT HEALTH INSURANC 187325 187325 52716293 42320812 8941158 1454323 752149 725504 6654208 4405877 1509050 1201890 875854 357036 40124 39294 555927 371768 68707063 19951184 41943080 48755879 8469185 8474766 815183 841233 169512 179358 61784272 65352605 3576836 3858616 579637 504791 8140000 7500000 576072 3518929 12872545 15382336 X 39057669 40881153 5090405 4256688 4763653 4832428 48911727 49970269 61784272 65352605 605480 369055 84007 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 372886 1 1 4763653 68775 560256 170039 5222645 4762353 31300 97014 97014 30000 4763653 4248980 513373 71537 71537 4762353 4077476 171504 55522 55522 4248980 0.92530 0.07470 1 0 1361945 1361945 48121654 10948219 37173435 10558309 7227967 3330342 8665155 1774998 6890157 48755879 STATE LONG TERM DEBT 518929 LINE OF CREDIT 3000000 3518929 X 41710428 369055 215301 -12195701 -11611345 53321773 0 53321773 40651886 215301 215301 40436585 12279708 12279708 52716293 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF THE NEW JERSEY STATE INCOME TAX LAWS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COLLEGE HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2013 AND 2012. THE COLLEGE'S FEDERAL AND STATE TAX FILINGS PRIOR TO FISCAL YEAR 2010 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE COLLEGE RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS OPERATING EXPENSES AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCRUED EXPENSES IN THE STATEMENTS OF FINANCIAL POSITION. THERE WERE NO INTEREST AND PENALTIES PAID FOR THE YEARS ENDED JUNE 30, 2013 AND 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE -12,279,708. PRIOR PERIOD DONATION OF STOCK 84,007. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE 12,279,708. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE COLLEGE DOES NOT MAKE A DIRECT STATEMENT REGARDING RACIAL DISCRIMINATION. THE COLLEGE'S STUDENT HANDBOOK CONTAINS THE FOLLOWING STATEMENT ON PAGE 2: "FELICIAN COLLEGE IS COMMITTED TO POLICIES AND PRACTICES THAT WILL ASSURE THAT THERE SHALL BE NO DISCRIMINATION AGAINST ANY PERSON ON THE GROUNDS OF RACE, COLOR, AGE, RELIGION, SEX, MARITAL STATUS, HANDICAP OR NATIONAL ORIGIN, WHICH PROVIDE EQUAL OPPORTUNITY FOR ALL QUALIFIED INDIVIDUALS." THE COLLEGE DOES NOT MAKE A DIRECT STATEMENT REGARDING RACIAL NONDISCRIMINATION IN NEWSPRINT. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 FELICIAN COLLEGE RECEIVES FEDERAL AND STATE AID TO ASSIST OUR STUDENTS. EAST ASIA AND PACIFIC 0 3 PROGRAM SERVICES RECRUITING 13514 EAST ASIA AND PACIFIC 0 3 PROGRAM SERVICES COMMISSION 2574 EUROPE 0 2 PROGRAM SERVICES RECRUITING 2574 EUROPE 0 2 PROGRAM SERVICES COMMISSION 1035 0 10 0 0 0 10 19697 0 19697 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: FELICIAN COLLEGE IS NOT A GRANTMAKER. METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: FELICIAN COLLEGE UTILIZES THE ACCRUAL METHOD OF ACCOUNTING FOR EXPENDITURES. X X X X X X X 1 RONALD LAROSE ASSOCIATE 131 MAPLEWOOD AVENUE MAPLEWOOD NJ 07040 CAPITAL CAMPAIGN 0 1062968 126000 936968 1062968 126000 936968 NJ GOLF OUTING 110500 85252 25248 25248 11499 AUCTION 136386 124986 11400 66988 14582 3500 20320 1 112940 90040 22900 22900 5483 13520 359826 300278 59548 66988 48148 14582 8983 45339 184040 -124492 1 ADMISSIONS SCHOLARSHIP 1002 8926818 ATHLETIC SCHOLARSHIPS 122 1348692 NEED BASED GRANTS 416 1215375 MERIT AWARDS 203 388396 RESTRICED SCHOLASHIPS 75 242690 YELLOW RIBBON AWARDS 26 103636 COHORT SCHOLARSHIPS 47 45001 FFI GRANTS 8 9100 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE COLLEGE HAS WRITTEN POLICIES REGARDING THE AWARDING OF SPECIFIC GRANTS AND SCHOLARSHIP FUNDS. SELECTION CRITERIA AND ELIGIBILITY IS DETERMINED BASED ON THE TYPE, PURPOSE, AND/OR RESTRICTION OF THE AWARD. X 1 0 X X 1 0 0 0 0 0 0 0 0 MICHAEL FESCOE 179050 0 0 0 0 0 11000 0 8752 0 198802 0 0 0 ARTHUR GOON 136514 0 0 0 42784 0 11124 0 24090 0 214512 0 0 0 SUSAN CHALFIN 126844 0 0 0 25181 0 8870 0 0 0 160895 0 0 0 BETH CASTIGLIA 141450 0 0 0 0 0 11940 0 0 0 153390 0 0 0 CELESTE ORANCHAK 104351 0 0 0 42053 0 9336 0 15901 0 171641 0 0 0 PART I, LINE 1A THE PRESIDENT RECEIVES ON-CAMPUS HOUSING WITH A FAIR MARKET VALUE OF $15,300. THIS AMOUNT IS A NON-TAXABLE BENEFIT INCLUDED ON SCHEDULE J PART II COLUMN D. PART I, LINE 4A INCLUDED IN SCHEDULE J PART II, COLUMN B(III) FOR ARTHUR GOON, CELESTE ORANCHAK, AND SUSAN CHALFIN ARE SEVERANCE PAYMENTS IN THE AMOUNT OF $42,784, $42,053, AND $25,181 RESPECTIVELY. THE AMOUNTS WERE APPROVED BY THE PRESIDENT & VICE PRESIDENT FOR FINANCE AND ARE INCLUDED ON THEIR 2012 W-2S. A NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 221829511 2006-06-30 11445000 REFUNDING OF REVENUE BONDS 0 0 0 A 3945000 11445000 11216100 228900 0 1 1 1 A 0 0 0 1 1 1 CAPITAL ONE 16.000000000000 1 0 0 0 0 THIS IS A REFUNDING BOND OF A PRE-2003 BOND ISSUANCE, THAT WAS ISSUED JUNE 30,2006. SCHEDULE K, PART IV, LINE 2C: REBATE COMPUTATION WAS PERFORMED ON 6/30/11. SCHEDULE K, PART IV, LINE 7: NEW WRITTEN PROCEDURES TO MONITOR THE REQUIREMENTS OF SECTION 148 ARE BEING ADOPTED IN THE 2013-14 FISCAL YEAR. X AUCTION ITEMS 239 66988 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 THE COLLEGE'S EXECUTIVE VP AND VP OF STUDENT SERVICES HAD BEEN MARRIED AND DIVORCED PRIOR TO THEIR EMPLOYMENT WITH THE COLLEGE. FORM 990, PART VI, SECTION A, LINE 7A THE COLLEGE'S BOARD OF TRUSTEES IS COMPRISED OF 12 TRUSTEES OF WHICH 4 ARE REPRESENTATIVES OF THE ORDER OF FELICIAN SISTERS OF SAINT FRANCIS. RESERVE POWERS TO OVERRIDE BOARD DECISIONS RESIDES WITH THE CORPORATION'S SOLE MEMBER, FELICIAN SERVICES, INC. FORM 990, PART VI, SECTION A, LINE 7B THE COLLEGE'S BOARD OF TRUSTEES IS COMPRISED OF 12 TRUSTEES OF WHICH 4 ARE REPRESENTATIVES OF THE ORDER OF FELICIAN SISTERS OF SAINT FRANCIS. RESERVE POWERS TO OVERRIDE BOARD DECISIONS RESIDES WITH THE CORPORATION'S SOLE MEMBER, FELICIAN SERVICES, INC. FORM 990, PART VI, SECTION B, LINE 11 THE COLLEGE PROVIDES A COMPLETED FORM 990 TO ALL TRUSTEES WITH A SUFFICIENT AMOUNT OF TIME TO REVIEW PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, READ AND UNDERSTANDS THE POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR TOP MANAGEMENT IS DETERMINED BASED ON SALARY SURVEYS. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BASED UPON SURVEYS AND RECOMMENDATIONS OF THE COLLEGE'S CEO AND TOP MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAINTAINS A PROCEDURE WHERE ANY PERSON REQUESTING INFORMATION ON THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS WILL BE REFERRED TO THE OFFICE OF THE VICE PRESIDENT FOR ADMINISTRATION, ENROLLMENT AND PLANNING. THE VICE PRESIDENT FOR ADMINISTRATION, ENROLLMENT AND PLANNING WILL DOCUMENT THE REQUEST AND WITHIN A REASONABLE AMOUNT OF TIME, MAKE COPIES AVAILABLE TO THE REQUESTOR IF APPROPRIATE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AS WELL AS SELECTION OF THE INDEPENDENT ACCOUNTANT. FELICIAN SISTERS OUR LADY OF HOPE PROVINCE 871 MERCER ROAD BEAVER FALLS PA 15010 271282473 PA 501(C)(3) LINE 1 N/A 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0