MOLLOY UNIVERSITY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MOLLOY UNIVERSITY (EIN 11-1797182)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-13
- IRS object ID
- 201331339349302073
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-13T11:30:38-07:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 111797182 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOLLOY COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MOLL | NameControl |
| Phone | 5166785000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Hempstead Avenue-POB 5002 | AddressLine1 |
| City | Rockville Centre | City |
| State | NY | State |
| ZIP Code | 115715002 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Michael A McGovern | Name |
| Title | Vice President - Finance | Title |
| Phone | 5166785000 | Phone |
| Date Signed | 2013-05-13 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Drew Bogner PhD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Hempstead Avenue | AddressLine1 |
| Address Line2 | PO Box 5002 | AddressLine2 |
| City | Rockville Centre | City |
| State | NY | State |
| ZIP Code | 115715002 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 110314540 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Group Exemption Number | 0928 | GroupExemptionNumber |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.molloy.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1955 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | Molloy College, an independent, Catholic college, rooted in the Dominican tradition of study, spirituality, service, and community, is committed to academic excellence with respect for each person. Through transformative education, Molloy promotes a lifelong search for truth and the development of ethical leadership. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 28 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1763 | TotalNbrEmployees |
| Total Nbr Volunteers | 1 | TotalNbrVolunteers |
| Total Gross UBI | 156769 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -453517 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8017224 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4440393 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 84344034 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 94974972 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1287114 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1562666 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 265436 | OtherRevenuePriorYear |
| Other Revenue Current Year | 365525 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 93913808 | TotalRevenuePriorYear |
| Total Revenue Current Year | 101343556 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 12931776 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 14703095 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 50968821 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 56114911 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1376621 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 19913031 | OtherExpensePriorYear |
| Other Expenses Current Year | 25115034 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 83813628 | TotalExpensesPriorYear |
| Total Expenses Current Year | 95933040 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 10100180 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 5410516 | RevenuesLessExpensesCY |
| Total Assets BOY | 134067999 | TotalAssetsBOY |
| Total Assets EOY | 133326636 | TotalAssetsEOY |
| Total Liabilities BOY | 72085655 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 65448914 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 61982344 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 67877722 | NetAssetsOrFundBalancesEOY |
| Mission Description | Molloy College, an independent, Catholic College, rooted in the Dominican tradition of study, spirituality, service, and community, is committed to academic excellence with respect for each person. Through transformative education, Molloy promotes a lifelong search for truth and the development of ethical leadership. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 80426569 | Expense |
| Grants | 14703095 | Grants |
| Revenue | 94974972 | Revenue |
| Description | Founded in 1955 by the Dominican Sisters of Amityville, Molloy College is an independent, co-educational, non-profit institution of higher education. The College's strategic plan outlines the goals deemed necessary to further its missions. These goals include (i) committed to being Catholic and Dominican in philosophy and outlook; (ii) student centered learning; (iii) academic quality; (iv) leadership through service; (v) engagement with the wider community; and (vi) stewardship. The plan sets forth objectives for each goal and assigns oversight responsibility to individual leadership teams in order to facilitate the plan's implementation. Molloy continues to improve on every objective measure of excellence in higher education. For the fall term of 2012, the college enrolled 3,458 undergraduate, 1,010 graduate, and 28 Ph.D. students. For the spring term of 2012, the college enrolled 3,269 undergraduate, 986 graduate and 20 Ph.D. students. Applications to the college have increased by 35% since fall 2008, while enrollment over the last five years has increased by 15.6%. The mean standardized test scores of entering freshmen for the 2011 - 2012 school year has increased to 1,065, compared to the national average of 1,010 and New York State average of 983. In 1967, the College received the academic accreditation of the Middle States Association of Colleges and Schools. The College's academic departments are organized into six degree-granting divisions: Business, Education, Nursing, Humanities, Natural Sciences, and Social Sciences. The College's undergraduate nursing program is the 5th largest nursing program in the US and the largest in the northeast. The College's curriculum features 2 associate and 4 bachelor degrees through 33 undergraduate majors and 46 minors as well as 7 master degrees, including one through a partnership with Fordham University, and 1 Ph.D. program in Nursing which began classes in the fall 2010 term with an enrollment of 10 students. Recent academic achievements include the following: In November 2010, the New York State Education department approved and registered the following programs in the Business division: Bachelor of Science (B.S.) in Finance; Master of Business Administration (M.B.A.) in Finance; and the B.S/M.B.A. dual degree in Finance. In February 2011, the American Speech-Language Hearing Association voted to award candidacy status to the Master's Program in Speech-Language Pathology for a period of five years. In November 2012, the New York State Education Department approved a new undergraduate degree, a Bachelor of Arts degree in Communications: New Media. The launch of the program has not been determined as yet. In January 2013, the New York State Education Department approved the Nuclear Medicine Technology Program leading to the Bachelors of Science degree. The proceeds from the Series 2009 bonds were used to finance and refinance the cost of (i) an approximately 36,000 square foot residence hall; (ii) an approximately 54,000 square foot campus center and associated parking; (iii) an approximately 6,000 square foot two story maintenance building, and (iv) the renovation and improvement of various walkways, parking areas, landscaped areas and courtyards located on the campus. The residence hall opened its doors in the fall of 2011 to 102 students. For the fall 2012, there were 154 residents living in on campus. The campus center had its grand opening in November 2011 in the Madison Performing Arts Center with the annual Molloy ball and continues to host major theatrical events as well as in-house events such as the nurse pinning ceremony. The campus center also contains the relocated bookstore, a new coffee bar, certain academic offices, an internet accessible work area, and other facilities that will encourage educational and social interaction. | Description |
| 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 | 80426569 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | 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 | 0 | 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 | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | 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 | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | 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 |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 252 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1763 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| 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 |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 28 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 0 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Michael A McGovern | NamePerson |
| Telephone Number | 5166785000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Hempstead Avenue-POB 5002 | AddressLine1 |
| City | Rockville Centre | City |
| State | NY | State |
| ZIP Code | 115715002 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (42 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Drew Bogner | ||||||||
| President (ex officio voting member of Board) | 35 | X | X | 589211 | 0 | 46296 | ||
| Theresa P Ahlstrom | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Ann Barlow | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| S Marilyn A Breen OP | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Dr Daniel W Bythewood | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| John T Ahern | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| John F Coghlan | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Sheila C DNodal | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Edward L Donnelly Jr | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Jeffrey H Greenfield | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Salvatore P Ciampo | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| S Mary Hughes OP | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Gerald Kaiser | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| William K Lloyd | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Welquis Ray Lopez | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Daniel T McGowan | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Rev John P McGuire OP | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Daniel L Murphy | ||||||||
| Trustee (now deceased) | 1 | X | 0 | 0 | 0 | |||
| Most Rev William Francis Murphy DD | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| S Margaret Murphy OP | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Charles M Piluso | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| John Pohlman | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Kathleen Sideli | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| S Kathleen Sullivan OP | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Raymond E Farrell | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Heather M Palmore Esq | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| James S Rowen | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Phillipa G Woodriffe | ||||||||
| Trustee | 1 | X | 0 | 0 | 0 | |||
| Daniel T Henry | ||||||||
| Chairperson | 1 | X | X | 0 | 0 | 0 | ||
| Laura A Cassell | ||||||||
| Vice Chairperson | 1 | X | X | 0 | 0 | 0 | ||
| Michael A McGovern | ||||||||
| Treasurer | 35 | X | 207564 | 0 | 34956 | |||
| S Dorothy Fitzgibbons | ||||||||
| Secretary | 35 | X | 100771 | 0 | 18704 | |||
| Edward Thompson | ||||||||
| Vice President | 35 | 203348 | 0 | 35941 | X | |||
| Valerie Collins | ||||||||
| Vice President | 35 | 210813 | 0 | 29473 | X | |||
| Robert L Paterson | ||||||||
| Vice President | 35 | 161597 | 0 | 28817 | X | |||
| Robert Houlihan | ||||||||
| Vice President | 35 | 165467 | 0 | 14991 | X | |||
| Linda Albanese | ||||||||
| Vice President | 35 | 157775 | 0 | 10232 | X | |||
| A Nicholas Fargnoli | ||||||||
| Dean of Humanities | 35 | 169236 | 0 | 21313 | X | |||
| Jeannine Muldoon | ||||||||
| Dean of Nursing | 35 | 220955 | 0 | 20616 | X | |||
| Pamela Monaco | ||||||||
| Chair of Biology Chemistry Environ Studies | 35 | 152229 | 0 | 34075 | X | |||
| Veronica Feeg | ||||||||
| Associate Dean and Director of PhD Program | 35 | 173810 | 0 | 29854 | X | |||
| Kathleen Maurer Smith | ||||||||
| Dean of Social Sciences | 35 | 142117 | 0 | 28993 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2654893 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 354261 | TotalOtherCompensation |
| Number Individuals GT100 K | 64 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation | Address Line2AddressOfContractor/AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|
| Butler Rogers Baskett Architects PC | ||||||
| 330 W 34th Street | New York | NY | 10001 | Architectural and Engineering Services | 738909 | |
| JL Media Inc | ||||||
| 1600 Route 22 | Union | NJ | 07083 | Media Services | 660537 | |
| Austin & Williams | ||||||
| 125 Kennedy | Hauppauge | NY | 117884015 | Media Services | 709840 | Suite 100 |
| Surepath Construction Services LLC | ||||||
| PO Box 9 | Marlboro | NJ | 07746 | Construction Consultant | 223320 | |
| Jenzabar | ||||||
| PO Box 845939 | Boston | MA | 02284 | Technology Consultant | 201161 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 19 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 339805 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 3123962 | GovernmentGrants |
| All Other Contributions | 976626 | AllOtherContributions |
| Noncash Contributions | 13205 | NoncashContributions |
| Total Contributions | 4440393 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Student Tuition and Fees | 611310 | 93497464 | 93497464 | 0 | $0 |
| Auxiliary Services Revenue | 611710 | 1477508 | 1361394 | 0 | $116,114 |
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 | 94974972 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1139087 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,139,087 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| 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 |
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 |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 80350 | Real |
| Personal | 0 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 80350 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 80350 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 32400 | UnrelatedBusinessRevenue |
| Exclusion | $47,950 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8965711 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8542132 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 423579 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 423579 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $423,579 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 306673 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 339805 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 428852 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -122179 | TotalRevenueColumn |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$122,179 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 0 | GrossIncomeGaming |
| Gaming Direct Expenses | 0 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| 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) |
|---|---|---|
| Gross Sales Of Inventory | 0 | GrossSalesOfInventory |
| Cost Of Goods Sold | 0 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| 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 |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Bad Debt Recovery | 900099 | 119573 | 0 | 0 | $119,573 |
| Theatre Ticket Sales | 900099 | 110516 | 0 | 110516 | $0 |
| Forfeited Deposits | 900099 | 45400 | 0 | 0 | $45,400 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 131865 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 13853 | UnrelatedBusinessRevenue |
| Exclusion | $118,012 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 407354 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 101343556 | TotalRevenueColumn |
| Related Or Exempt Function Income | 94858858 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 156769 | UnrelatedBusinessRevenue |
| Exclusion | $1,887,536 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14703095 | Total |
| Program Services | 14703095 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2079802 | Total |
| Program Services | 732556 | ProgramServices |
| Management And General | 1223355 | ManagementAndGeneral |
| Fundraising | 123891 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40553285 | Total |
| Program Services | 35305564 | ProgramServices |
| Management And General | 4613117 | ManagementAndGeneral |
| Fundraising | 634604 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2542497 | Total |
| Program Services | 2213490 | ProgramServices |
| Management And General | 289220 | ManagementAndGeneral |
| Fundraising | 39787 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7895017 | Total |
| Program Services | 6873378 | ProgramServices |
| Management And General | 898093 | ManagementAndGeneral |
| Fundraising | 123546 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3044310 | Total |
| Program Services | 2650367 | ProgramServices |
| Management And General | 346304 | ManagementAndGeneral |
| Fundraising | 47639 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147321 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 147321 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118945 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 118945 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Fundraising | 0 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 113036 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 113036 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 636051 | Total |
| Program Services | 70509 | ProgramServices |
| Management And General | 491428 | ManagementAndGeneral |
| Fundraising | 74114 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1769252 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 1769252 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1086663 | Total |
| Program Services | 872656 | ProgramServices |
| Management And General | 197249 | ManagementAndGeneral |
| Fundraising | 16758 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 815688 | Total |
| Program Services | 473026 | ProgramServices |
| Management And General | 340080 | ManagementAndGeneral |
| Fundraising | 2582 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1340393 | Total |
| Program Services | 1170714 | ProgramServices |
| Management And General | 159665 | ManagementAndGeneral |
| Fundraising | 10014 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 192708 | Total |
| Program Services | 169238 | ProgramServices |
| Management And General | 18964 | ManagementAndGeneral |
| Fundraising | 4506 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1251143 | Total |
| Program Services | 1149473 | ProgramServices |
| Management And General | 91278 | ManagementAndGeneral |
| Fundraising | 10392 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2197609 | Total |
| Program Services | 2135817 | ProgramServices |
| Management And General | 61792 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4288842 | Total |
| Program Services | 3938873 | ProgramServices |
| Management And General | 316279 | ManagementAndGeneral |
| Fundraising | 33690 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1144437 | Total |
| Program Services | 593938 | ProgramServices |
| Management And General | 550499 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Payments to Other Institutions | 1178339 | 1172028 | 4027 | 2284 |
| Graduation and Other Special Events | 1165951 | 794034 | 284890 | 87027 |
| Contract Services | 1082778 | 893242 | 165773 | 23763 |
| Bad Debt Expense | 933805 | 683805 | 250000 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5652073 | Total |
| Program Services | 3830766 | ProgramServices |
| Management And General | 1679283 | ManagementAndGeneral |
| Fundraising | 142024 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95933040 | Total |
| Program Services | 80426569 | ProgramServices |
| Management And General | 14129850 | ManagementAndGeneral |
| Fundraising | 1376621 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6666917 | BOY |
| EOY | 4432685 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9500000 | BOY |
| EOY | 13600000 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3630649 | BOY |
| EOY | 2606032 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1455309 | BOY |
| EOY | 1539648 | 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 | 2090884 | BOY |
| EOY | 2036352 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 755130 | BOY |
| EOY | 754961 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 110838502 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 34743138 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64438619 | BOY |
| EOY | 76095364 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25198041 | BOY |
| EOY | 25764867 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1794656 | BOY |
| EOY | 2224013 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18537794 | BOY |
| EOY | 4272714 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 134067999 | BOY |
| EOY | 133326636 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16674021 | BOY |
| EOY | 10335597 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1326880 | BOY |
| EOY | 1414338 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1709309 | BOY |
| EOY | 1458758 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49773398 | BOY |
| EOY | 49742362 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18673 | BOY |
| EOY | 10279 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2583374 | BOY |
| EOY | 2487580 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72085655 | BOY |
| EOY | 65448914 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53222832 | BOY |
| EOY | 60376209 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5444824 | BOY |
| EOY | 4118349 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3314688 | BOY |
| EOY | 3383164 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61982344 | BOY |
| EOY | 67877722 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 134067999 | BOY |
| EOY | 133326636 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 5410516 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 484862 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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 D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 30400 | AssetsInPartX |
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) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 26771471 | BeginningOfYearBalance |
| Contributions | 124575 | Contributions |
| Investment Earnings Or Losses | 1095684 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 160280 | GrantsOrScholarships |
| Other Expenditures | 114103 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 27717347 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23728049 | BeginningOfYearBalance |
| Contributions | 354046 | Contributions |
| Investment Earnings Or Losses | 2908546 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 185915 | GrantsOrScholarships |
| Other Expenditures | 33255 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 26771471 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21640995 | BeginningOfYearBalance |
| Contributions | 224947 | Contributions |
| Investment Earnings Or Losses | 2084838 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 152225 | GrantsOrScholarships |
| Other Expenditures | 70506 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 23728049 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24247072 | BeginningOfYearBalance |
| Contributions | 227531 | Contributions |
| Investment Earnings Or Losses | -1841941 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 191667 | GrantsOrScholarships |
| Other Expenditures | 800000 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 21640995 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.85 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.12 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03 | 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 | 435000 | OtherCostOrOtherBasis |
| Book Value | 435000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 86497163 | OtherCostOrOtherBasis |
| Depreciation | 16882300 | Depreciation |
| Book Value | 69614863 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 1581313 | OtherCostOrOtherBasis |
| Depreciation | 1113410 | Depreciation |
| Book Value | 467903 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 21155728 | OtherCostOrOtherBasis |
| Depreciation | 16747428 | Depreciation |
| Book Value | 4408300 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 1169298 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 1169298 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 76095364 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Student Credit Balances | $729,884 |
| Asset Retirement Obligation | $1,757,696 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2487580 | TotalOfAmounts |
| Total Revenue | 101343556 | TotalRevenue |
| Total Expenses | 95933040 | TotalExpenses |
| Excess Or Deficit For Year | 5410516 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -364756 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 0 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | $849,618 | OtherAmount |
| Total Adjustments | 484862 | TotalAdjustments |
| Excess Or Deficit Per FS | 5895378 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 87441139 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -364756 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 849618 | OtherRevenues |
| Revenue Not Rptd F990 | 484862 | RevenueNotRptdF990 |
| Revenue Subtotal | 86956277 | RevenueSubtotal |
| Investment Expenses Not Included | 113036 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 14274243 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 14387279 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 101343556 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 81545761 | 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 | 81545761 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 113036 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 14274243 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 14387279 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 95933040 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P03_S00_L04 | Schedule D, Part III, Line 4 | The artwork includes works of art that are done by the students and local citizens to exhibit their talents. These works of art are generally used for public display or in departmental offices. |
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | The College's endowment fund is intended to support the College's educational mission. The endowment consists of approximately 91 individual funds. The endowment's earnings are used to fund the College's daily operations, including scholarships, student programs, and other campus activities. The Board of Trustees of the College through its approved investment policy guidelines has interpreted the New York Prudent Management of Institutional Funds (NYPMIFA) to allow the College to spend below the historical dollar value of its endowment unless specific donors have stipulated to the contrary. |
| SchD_P10_S00_L02 | Schedule D, Part X, Line 2 | The College follows ASC 740-10 which clarifies the accounting for uncertainties in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This section provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if the position is "more likely than not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The College is exempt from income taxes under IRC Section 501(c)(3), though they are subject to tax on income unrelated to its exempt purposes, unless that income is otherwise excluded by the Code. The tax years ending 2009, 2010, 2011 and 2012 are still open to audit for both federal and state purposes. |
| SchD_P11_S00_L08 | Schedule D, Part XI, Line 8 | In 2012, the College revised its cost estimate and timetable for completion of the asbestos abatement project. This resulted in a gain of $849,618 which is included as revenue in the non-operating activity section of the financial statements but which is excluded on Form 990 Part VIII. |
| SchD_P12_S00_L02d | Schedule D, Part XII, Line 2d | In 2012, the College revised its cost estimate and timetable for completion of the asbestos abatement project. This resulted in a gain of $849,618 which is included in revenues in the non-operating section of the financial statements but which is excluded on Form 990 Part VIII. |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | Institutional aid in the amount of $14,703,095 is netted against revenues in the financial statements and shown as an expense on Form 990 Part IX. Fundraising expenses in the amount of $428,852 are shown as an expense on the financial statements and as a reduction of net income from fundraising events on Form 990 Part VIII. |
| SchD_P13_S00_L04b | Schedule D, Part XIII, Line 4b | Institutional aid in the amount of $14,703,095 is shown as an expense on Form 990 Part IX and netted against revenues in the financial statements. Fundraising expenses in the amount of $428,852 are shown as a reduction of net income from fundraising events on Form 990 Part VIII and is shown as an expense on the financial statements. |
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 | Non-discrimination policies are furnished in catalogs and publications as well as on the College website. |
| SchE_P01_S00_L06 | Schedule E, Part I, Line 6 | The College receives federal funding primarily from the United States Department of Education through their Student Financial Assistance Cluster. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Central America and the Caribbean | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | Investments | TypeOfActivitiesConducted |
| Total Expenditures | 1713422 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 1713422 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Annual Gala | NameOfEvent1 |
| Gross Receipts Event1 | 317552 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 136907 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 180645 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 6546 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 12611 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 91557 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 94409 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 58511 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Molloy Golf Outing | NameOfEvent2 |
| Gross Receipts Event2 | 180893 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 80741 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 100152 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 0 | CashPrizesEvent2 |
| Non Cash Prizes Event2 | 11681 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 74690 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 468 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 0 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 11915 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 148033 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 122157 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 25876 | GrossRevenueOtherEvents |
| Cash Prizes Other Events | 0 | CashPrizesOtherEvents |
| Non Cash Prizes Other Events | 11014 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 13500 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 32354 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 9596 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 646478 | GrossReceiptsTotal |
| Charitable Contributions Total | 339805 | CharitableContributionsTotal |
| Gross Revenue Total Events | 306673 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 29241 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 100801 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 124379 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 94409 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 80022 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 428852 | DirectExpenseSummaryEvents |
| Net Income Summary | -122179 | NetIncomeSummary |
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 | Institutional aid and scholarships | TypeOfGrant |
| Number Of Recipients | 1963 | NumberOfRecipients |
| Amount Of Cash Grant | 14703095 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
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 | The College follows federal, state and institutional policies and regulations to monitor grants and funds: (1) the student applies for the grant; (2) grants are awarded from the different funding sources depending on need and/or academic standing; (3) the student's eligibility is verified through federal, state and institutional requirements, matriculation, registration, attendance, and academic progress; (4) grants and awards are processed onto the student's account; (5) where loans are involved, the College follows up with the regulatory requirements after graduation. The Free Application for Federal Student Aid (FAFSA) is an integral part of this process. | 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 |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | 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 (12 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Linda Albanese | |||||||||||||
| 157775 | 0 | 0 | 0 | 0 | 0 | 10232 | 0 | 0 | 0 | 168007 | 0 | 0 | 0 |
| Drew Bogner | |||||||||||||
| 355000 | 0 | 55000 | 0 | 179211 | 0 | 29834 | 0 | 16462 | 0 | 635507 | 0 | 119122 | 0 |
| Valerie Collins | |||||||||||||
| 210813 | 0 | 0 | 0 | 0 | 0 | 21058 | 0 | 8415 | 0 | 240286 | 0 | 0 | 0 |
| Robert Houlihan | |||||||||||||
| 164028 | 0 | 0 | 0 | 1439 | 0 | 14991 | 0 | 0 | 0 | 180458 | 0 | 0 | 0 |
| Michael A McGovern | |||||||||||||
| 207565 | 0 | 0 | 0 | 0 | 0 | 18648 | 0 | 16308 | 0 | 242521 | 0 | 0 | 0 |
| Robert L Paterson | |||||||||||||
| 161597 | 0 | 0 | 0 | 0 | 0 | 14537 | 0 | 14280 | 0 | 190414 | 0 | 0 | 0 |
| Edward Thompson | |||||||||||||
| 199238 | 0 | 0 | 0 | 4110 | 0 | 18535 | 0 | 17405 | 0 | 239288 | 0 | 0 | 0 |
| Jeannine Muldoon | |||||||||||||
| 220955 | 0 | 0 | 0 | 0 | 0 | 14662 | 0 | 5954 | 0 | 241571 | 0 | 0 | 0 |
| Veronica Feeg | |||||||||||||
| 173810 | 0 | 0 | 0 | 0 | 0 | 13546 | 0 | 16308 | 0 | 203664 | 0 | 0 | 0 |
| A Nicholas Fargnoli | |||||||||||||
| 169236 | 0 | 0 | 0 | 0 | 0 | 12794 | 0 | 8519 | 0 | 190549 | 0 | 0 | 0 |
| Pamela Monaco | |||||||||||||
| 152229 | 0 | 0 | 0 | 0 | 0 | 9172 | 0 | 24903 | 0 | 186304 | 0 | 0 | 0 |
| Kathleen Maurer Smith | |||||||||||||
| 142117 | 0 | 0 | 0 | 0 | 0 | 12685 | 0 | 16308 | 0 | 171110 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchJ_P01_S00_L01a | Schedule J, Part I, Line 1a | The President of the College is permitted certain perquisites by virtue of his position at the College. By contract, the President is entitled to a housing allowance and social club dues. The compensation of the President is approved by the Board of Trustees. |
| SchJ_P01_S00_L04 | Schedule J, Part I, Line 4 | As part of his total compensation, the College makes payments to a 457(b) and 457(f) plan on behalf of the President of the College. |
| SchJ_P02_S00_L00 | Schedule J, Part II | The President of the College received a payout of $119,122 from his 457(f) plan in calendar 2011. This amount is reflected in column (b)(iii) as part of his reportable compensation. Since this amount was reported as deferred compensation in prior year Form 990's, it is likewise, being reported in column (f) accordingly. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Town of Hempstead Local Development Corporation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 112798949 | IssuerEIN |
| CUSIP Number | 424682BG6 | CUSIPNumber |
| Date Issued | 2009-11-13 | DateIssued |
| Issue Price | 49827973 | IssuePrice |
| Description Of Purpose | To finance the costs of certain facilities on the College's campus. | 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) |
|---|---|---|
| Amount Retired | 250000 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 49824973 | TotalProceeds |
| Amount In Reserve Fund | 1656538 | AmountInReserveFund |
| Capitalized Interest | 3805165 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 1243285 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 0 | CapitalExpenditures |
| Other Spent Proceeds | 42663830 | OtherSpentProceeds |
| Amount Unspent | 1323252 | AmountUnspent |
| Year Of Subst Completion | 2011 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0A_L02 | Form 990, Part VI, Section A, Line 2 | Board of Trustee members Daniel L. Murphy and Gerald Kaiser have a business relationship. |
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | It is the policy of the College to review the details of the Form 990 with the Fiscal Affairs Committee of the Board to obtain approval of the Committee prior to filing the return. Additionally, Form 990 was reviewed by the College's independent auditors prior to the review by the Fiscal Affairs Committee. The results of these reviews along with a copy of the completed Form 990 are reported to the full Board prior to the time of issuance at which time any unusual items or areas of concern had been highlighted and discussed. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | The conflict of interest policy is required to be completed and updated annually for all Board members, officers and key employees. Any transaction or business relationship between the College and a trustee or family member is subject to the review and approval of disinterested members of the Board of Trustees to ensure that such transactions or relationships are in the best interest of the College and complies with College policy and all applicable legal and ethical guidelines. The Executive Committee of the Board shall report to the Board of Trustees periodically, and at least annually, on all significant transactions and relationships. |
| F990_P06_S0B_L13 | Form 990, Part VI, Section B, Line 13 | The College is in the process of drafting a whistle blower policy for approval by the Board of Trustees. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | Compensation of the College president and key employees are approved by the Board of Trustees. The compensation is based on several factors including data collected from and compared to various colleges and universities. Increases in salaries and benefits that are in excess of that approved by the Board as part of the budgetary process are presented to the Executive Committee of the Board for consideration and approval. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | The College does not post its financial statements on any web site. Copies are made available upon request. The Form 990 tax return is posted on Guidestar and is made available in the College's finance office. Bylaws and other governing documents are maintained on the premises and are made available upon request. |
| F990_P11_S00_L05 | Form 990, Part XI, Line 5 | Unrealized (loss) on investments not included in revenues totaling $364,756. Update of asbestos abatement cost estimates and timing of performance resulted in a gain of $849,618 which is not included in revenues. |