2013-02-26T19:15:57-06:00 2012-06-30 GRANT THORNTON LLP 666 THIRD AVENUE NEW YORK NY 100174057 990 2011-07-01 131740469 Manhattanville College % NORMA BASS MANH 9143235128 2900 Purchase Street Purchase NY 10577 Erik Paulson 2013-02-27 true Scott Thompsett 2125990100 2011 2016-03-07 17:11:31Z Jon Strauss President 2900 Purchase Street Purchase NY 10577 108584797 false X www.manhattanville.edu X 1841 NY To educate students to be ethical and socially-responsible leaders in a global community. 25 24 1674 0 36506 25574 3979560 7118908 91390263 93130862 1156928 1040220 1806384 1445669 98333135 102735659 34124448 35273244 0 0 35959267 34791531 0 0 1734301 28314733 28896054 98398448 98960829 -65313 3774830 86227737 88019524 33886087 32814550 52341650 55204974 X THE MISSION OF MANHATTANVILLE COLLEGE IS TO EDUCATE ETHICAL AND SOCIALLY RESPONSIBLE LEADERS FOR THE GLOBAL COMMUNITY. MANHATTANVILLE IS COMMITTED TO FULFILLING THAT MISSION BY: ENSURING THE INTELLECTUAL, ETHICAL, AND SOCIAL DEVELOPMENT OF EACH STUDENT WITHIN A COMMUNITY OF ENGAGED SCHOLARS AND TEACHERS; ENCOURAGING EACH STUDENT TO DEVELOP AS AN INDEPENDENT AND CREATIVE THINKER IN PURSUING CAREER AND PERSONAL GOALS; AND PROVIDING A DIVERSE, INCLUSIVE AND NURTURING ENVIRONMENT WHICH DEVELOPS IN EACH STUDENT A COMMITMENT TO SERVICE AND LEADERSHIP WITHIN A GLOBAL COMMUNITY. false false 75255469 35273244 75101104 AT MANHATTANVILLE COLLEGE, RIGOROUS ACADEMIC PREPARATION WITHIN A NURTURING ENVIRONMENT IS MATCHED BY PERSONALIZED ATTENTION TO EVERY STUDENT. OUR CLOSE-KNIT COMMUNITY OF approximately 1,800 UNDERGRADUATE STUDENTS AND 1,200 GRADUATE STUDENTS IS DIVERSE, REPRESENTING OVER 30 STATES AND 50 COUNTRIES. UNDERGRADUATE PROGRAMS: MANHATTANVILLE OFFERS MORE THAN 50 BACHELOR'S DEGREE PROGRAMS RANGING FROM LIBERAL ARTS TO ENVIRONMENTAL SCIENCE AND PROFESSIONAL CONCENTRATIONS SUCH AS BUSINESS AND MUSEUM STUDIES. GRADUATE PROGRAMS: MANHATTANVILLE'S SCHOOL OF EDUCATION OFFERS A DOCTORATE DEGREE IN EDUCATIONAL LEADERSHIP AND MASTERS DEGREES AND CERTIFICATE PROGRAMS. THE COLLEGE'S SCHOOL OF GRADUATE AND PROFESSIONAL STUDIES OFFERS SIX MASTER OF SCIENCE BUSINESS DEGREES. THE COLLEGE ALSO OFFERS a MASTER OF ARTS DEGREE IN liberal studies and a master of fine arts degree in WRITING. 9310727 0 18029758 STUDENT AND AUXILIARY SERVICES - MANHATTANVILLE COLLEGE IS COMMITTED TO OFFERING A RICH AND VARIED ARRAY OF SERVICES FOR STUDENTS. its STUDENTS ALSO PARTICIPATE IN OVER 40 SOCIAL CLUBS, RUN A RADIO STATION AND ENGAGE IN almost 30,000 HOURS OF COMMUNITY SERVICE EACH YEAR. STUDENT SERVICES COMPRISES ALL FACETS OF THE STUDENT COLLEGE EXPERIENCE INCLUDING RESIDENCE LIFE, ATHLETICS, CO-CURRICULAR ACTIVITIES AND SOCIAL CLUBS. RESIDENCE LIFE AT MANHATTANVILLE COLLEGE IS AN INTEGRAL PART OF THE EDUCATIONAL PROGRAM AND ACADEMIC SUPPORT SERVICES OF THE INSTITUTION. RESIDENCE LIFE IS MORE THAN JUST HOUSING AT THE COLLEGE. it STRIVEs TO CREATE A DYNAMIC LIVING ENVIRONMENT IN WHICH ALL STUDENTS ARE COMFORTABLE. THE RICH ARRAY OF SUPPORT SERVICES FOR STUDENTS INCLUDES THE COUNSELING CENTER, HEALTH CENTER, DISABILITY SERVICES, CENTER FOR CAREER DEVELOPMENT AND INTERNATIONAL STUDENT SERVICES. 84566196 true true false false false false false false true true true false false false true true true false true false false false false false true false false false true true false false false false false false false false true true false false false false false false false false true 94 0 true 1674 true true true false false false false true true false false false false X 25 24 true false false false false false false true true false false true true true true true true true true false X NORMA BASS 9143235128 2900 PURCHASE STREET PURCHASE NY 10577 X Robert Hall 1.0 X 0 0 0 Mark C Davis 1.0 X 0 0 0 D H Callahan 1.0 X 0 0 0 Martin C Clague 1.0 X 0 0 0 Ann Conroy 1.0 X 0 0 0 Sally M Furay 1.0 X 0 0 0 Nancy Roberts King 1.0 X 0 0 0 P Nicholas Kourides 1.0 X 0 0 0 Marcia DeWitt 1.0 X 0 0 0 Ofelia Garcia 1.0 X 0 0 0 Barbara J Rogers 1.0 X 0 0 0 Sally J Rogers 1.0 X 0 0 0 Susan A Ross 1.0 X 0 0 0 Kathleen T MCgahran 1.0 X 0 0 0 Maura B Morey 1.0 X 0 0 0 Mary Gawlicki 1.0 X 0 0 0 Warren R Mason 1.0 X 0 0 0 Elizabeth J McCormack 1.0 X 0 0 0 Jon C Strauss 1.0 X X 132024 0 22917 Paula Zilka Colbert 1.0 X 0 0 0 Paul Cummins 1.0 X 0 0 0 Dwight HIlson 1.0 X 0 0 0 William H Humphreys 1.0 X 0 0 0 Kerry Piercy 1.0 X 0 0 0 Helaine Smith 1.0 X 0 0 0 marina vasarhelyi 35.0 X 137180 0 13926 j Gregory Palmer 35.0 X 176165 0 17695 Jose Gonzalez 35.0 X 195599 0 34582 gail simmons 35.0 X 188503 0 33851 Norma Bass 35.0 X 141151 0 19632 Donald Dean 35.0 X 141864 0 14629 PAMELA DUNCAN 35.0 X 143580 0 29348 Erik Paulson 35.0 X 159400 0 30673 Douglas Geiger 35.0 X 142927 0 18904 Marvin Suchoff 35.0 X 260248 0 9032 Molly Easo Smith 35.0 X 296854 0 57678 2115495 0 302867 27 true true true Chartwells Dining Services PO Box 91377 CHICAGO IL 606931337 Food contractor 3592162 Dynamic Campus 2806 Flintlock Trace AUSTIN TX 78738 IT Services 3010234 smg services po box 53 BRATTLEBORO VT 05302 cleaning services 1031862 Securitas Security Services USA Inc 170 Hamilton Avenue WHITE PLAINS NY 10601 security services 772302 Alexander Holdings LLC 745 Montauk highway COPIAGUE NY 11726 Construction 444630 17 31115 600586 6487207 49998 7118908 TUITION AND FEES 900099 75101104 75101104 ROOM AND BOARD (AUXILIARY ENT.) 900099 18029758 18029758 93130862 787327 787327 0 61180 61180 987052 152798 194533 19924 792519 132874 925393 7673 917720 5856570 5603677 252893 252893 252893 25900 31115 31004 -5104 -5104 0 0 BOOKSTORE AND OTHER COMMISSIONS 611710 224452 28833 195619 INSURANCE DIV. & RECOVERIES 900099 147925 147925 ALUMNI REVENUE 900099 37590 37590 54233 54233 464200 102735659 93316377 36506 2263868 0 35273244 35273244 0 0 1149853 659976 292807 197070 0 26279966 23128480 2356524 794962 1719414 1491158 166071 62185 3097752 2686519 299199 112034 2544546 2206752 245767 92027 350827 350827 106909 106909 179250 179250 0 0 44563 44563 2198258 1075085 977931 145242 737003 703934 33069 1322321 1096918 130426 94977 4058524 109741 3925895 22888 0 5025704 4474047 541374 10283 1164513 1118556 22216 23741 0 149595 119533 26472 3590 967100 945826 20609 665 0 3890686 3375796 508656 6234 1193641 525284 668357 STUDENT BOARD 3058244 3058244 CATERING/BUSINESS MEALS 632424 427535 146104 58785 STUDY ABROAD 246395 246395 EQUIPMENT/MAINT/REPAIR 154623 60939 93684 3415474 1782234 1523622 109618 98960829 84566196 12660332 1734301 536708 370805 42844 2171432 2086176 4125237 2640455 3447087 0 0 0 0 1940616 1888142 0 0 596472 438899 109450381 62091674 45897321 47358707 30886305 26612583 0 0 0 0 0 0 1600840 1606632 86227737 88019524 6504866 6479900 0 0 4871098 5256552 17269645 16103219 139100 144476 0 0 0 2600000 3500000 0 1601378 2230403 33886087 32814550 X 34129151 34248150 7626345 10087334 10586154 10869490 52341650 55204974 86227737 88019524 X 3774830 -911506 X X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true 28545277 234649 62849 2764860 26077915 24441196 414454 5872918 2183291 28545277 19548357 1976602 2916237 24441196 22110534 2430960 -4993137 19548357 0.44500 0.41700 0.13800 false false 1840257 1840257 83198941 47420324 35778617 22005814 14671350 7334464 2405369 2405369 47358707 0 CAPITAL LEASE OBLIGATIONS 98558 US GOVERNMENT GRANTS REFUNDABLE 1223874 CONDITIONAL ASSET RETIREMENT OBLIGATION 907971 2230403 102735659 98960829 3774830 -911506 -911506 2863324 66751808 -911506 245462 -666044 67417852 44563 35273244 35317807 102735659 63888484 245462 245462 63643022 44563 35273244 35317807 98960829 FIN 48 Part IV Line 11(f) The College follows guidance that established criterion that an individual tax position must meet for some or all of the benefits of that position to be recognized in an entity's financial statements. This standard requires the college to determine whether a tax position is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The college has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; determine its filing and tax obligations in jurisdictions for which it has nexus; and to review other matters that may be considered tax positions. The tax years ending 2009, 2010 and 2011 are still open to audit for both federal and state purposes. as of june 30, 2012, management does not believe they have any uncertain tax positions. Form 990, Sch D, Part IV, Line 2(b) The College has four annuitants in its Charitable Gift Annuity Program and reports a $144,476 liability on Part X, Line 21. Endowments Form 990, Sched D, Part V, Line 4 The College's endowment is intended to support the educational, curricular and cultural activities of the College's students, faculty and staff. The endowment's principal is intended to be left untouched for future growth and investment; the endowment's earnings are used to fund student scholarships, academic chairs, the campus ministry and facilities improvement. Reconciliation of revenue Schedule D, Part XII, Line 2(d) Expenses incurred in the generation of unrelated business income were netted against that income on Line 6b of Part VIII: $214,458 Direct expenses incurred for fundraising events were netted against that income on Line 8b of Part VIII: 31,004 --------- Total: $245,462 Schedule D, Part XII, Line 4(b) Scholarships and Grants Reclassed to Part IX, Line 2: $35,273,244 reconciliation of expenses Schedule D, Part XIII, Line 2(d) Expenses incurred in the generation of unrelated business income were netted against that income on Line 6b of Part VIII: $214,458 Direct expenses incurred for fundraising events were netted against that income on Line 8b of Part VIII: 31,004 --------- total: $245,462 Schedule D, Part XIII, Line 4(b) Scholarships and Grants Reclassed to Part IX, Line 2: $35,273,244 true true true true true true true false false false false false false false false true false true disclosure of nondiscriminatory policy Schedule E, Part I, Line 3 The college regularly includes a non-discrimination disclosure in its student and prospective student publications and in an amendment to the by-laws of the board of trustees. Financial aid from governmental agencies Schedule E, Part I, Line 6a Manhattanville College is committed to making it possible for students of limited financial resources to attend the college. Over $35 million in aid was awarded in the past fiscal year; additionally, Manhattanville students participate in federally funded and state supported grants and loan programs. Scholarship Evt 33555 22055 11500 0 0 0 12650 0 830 Golf Outing 23460 9060 14400 0 0 17400 0 0 124 0 57015 31115 25900 0 0 17400 12650 0 954 31004 -5104 true Scholarships - Undergraduate 1760 21777197 Scholarships - graduate 163 183947 Grants - undergraduate 1071 13171100 SEOG 148 141000 Schedule I, part I The College provides scholarships to students matriculating at the College based on need and/or merit. The College monitors students' files to ensure that the student receives necessary financial assistance based on grades, course of study and financial need. All funds granted are required to be used to defray the costs of attendance; funds may not be spent on discretionary items. X X true true X X X true false false false false false false false false marina vasarhelyi 137180 0 0 0 0 0 13718 0 208 0 151106 0 0 0 Marvin Suchoff 39663 0 0 0 220585 0 8177 0 855 0 269280 0 0 0 j Gregory Palmer 176165 0 0 0 0 0 17617 0 78 0 193860 0 0 0 Jose Gonzalez 195599 0 0 0 0 0 19525 0 15057 0 230181 0 0 0 gail simmons 188503 0 0 0 0 0 18840 0 15011 0 222354 0 0 0 Norma Bass 141151 0 0 0 0 0 14105 0 5527 0 160783 0 0 0 Donald Dean 141864 0 0 0 0 0 14186 0 443 0 156493 0 0 0 Molly Easo Smith 296854 0 0 0 0 0 28597 0 29081 0 354532 0 0 0 PAMELA DUNCAN 143580 0 0 0 0 0 14291 0 15057 0 172928 0 0 0 Jon C Strauss 131083 0 0 0 941 0 0 0 22917 0 154941 0 0 0 Erik Paulson 159400 0 0 0 0 0 15616 0 15057 0 190073 0 0 0 Douglas Geiger 142927 0 0 0 0 0 13400 0 5504 0 161831 0 0 0 Form 990, Schedule J, Part I, Line 1 The President of the College is provided a home on the campus as a condition of his/her employment. The value of the residence provided to the president on campus has been assigned a fair market value of $50,000 and is included in Schedule J, Part II, Column D, $25,000 for half year for the former president and $22,917 for the five and a half months for the current President. In addition, the President's spouse accompanied him on three business trips in fiscal year 2011-12. To the extent required by the Internal Revenue Code, the value of that spousal travel has been treated as taxable wages to the President. Schedule J, Part II, Line 1 President Molly Easo Smith ceased her position as college President on May 25, 2011 and separated from service employment on December 31, 2011. Her entire calendar year 2011 compensation is reflected in Schedule J, Part II COlumn E. Schedule J, Part II, LIne 2 Vice President for finance and treasurer, Marvin Suchoff, separated from service in February 2011 and received a severance payment of $220,585 in fiscal year ended June 30, 2011. This amount is reflected in Schedule J, Part II Column B(iii). X 9 49998 FMV 1 false true true Schedule M, Noncash Grants When the College receives contributions of securities, it instructs its investment managers to dispose of those securities. Policies Form 990, Part VI, Section A, Line 1A President Smith separated from service in may 2011; from that date until the close of the year, the Chairman of the Board, Robert Hall, assumed the position of Acting President (and received no compensation for such services). Subsequent to year end, in july of 2011, the College contracted with an outside third party for the services of the Interim President, Jon Strauss, and Robert Hall resumed his position of Chairman of the Board. The interim president became president in May 2012. family relationships form 990, part vi, section a, line 2 Board of Trustees Members, Sally Rogers and Barbara Rogers, have a family relationship. Process used to review form 990 Form 990, part VI, SEction B, Line 11 The audit committee of Manhattanville College has a responsibility, as defined by its charter, to review the college's annual Form 990, and present it to the Full Board before the college submits it to the Internal Revenue Service. The audit committee of Manhattanville College is comprised of trustees. The trustees of the committee each have broad financial knowledge of the institution's operations. The audit committee reviewed the 2011 Form 990 at its meeting on February 5, 2013. The committee then provided the return to the full board for review during its meeting on February 7, 2013. Enforcement and monitoring of conflict of interest policy Form 990, Part VI, Section B, Line 12c Officers, trustees and key employees are annually required to complete an acknowledgement and disclosure statement. This statement requires the individual's signature verifying compliance with the procedures contained in the conflicts of interest and disclosure policy, the policy is included in the Manhattanville college board of trustees handbook which is provided to each trustee upon joining the board. The signed statements are reviewed by the board secretary. If any conflicts are noticed, the board chairman has responsibility for rectifying the conflict with the trustee or officer. Process for Determining compensation Form 990, Part VI, Section B, Line 15 Compensation for the officers and key employees is determined by Manhattanville board of trustees' executive committee which acts as the compensation committee. No individuals with a conflict of interest may be involved in the compensation determination process. comparability data for similarly qualified persons in functionally comparable positions at similarly situated organizations is prepared by the organization and reviewed by the board of trustees' executive committee. documentation of approval is retained in human resources. Disclosure Form 990, Part VI, Section C, Line 19 The College retains a copy of its Form 990 at its place of business. The Form 990 is also published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion. Part IV, line 4 and Schedule C The College does not undertake any direct lobbying activities; however, the College is a dues-paying member in various college and higher education professional associations. Other Changes in Fund Balances Form 990, Part XI, Line 5 Unrealized Loss on Investments - $911,506