2013-11-04T16:41:55-06:00 2012-12-31 861065772 DELOITTE TAX LLP TWO JERICHO PLAZA JERICHO NY 11753 990 2012-01-01 133705284 HELENE FULD COLLEGE OF NURSING HELE 2126167200 24 EAST 120TH STREET NEW YORK NY 10035 WENDY ROBINSON 2126167200 2013-11-04 1 CHRISTINE KAWECKI P00743140 5169187000 2013-11-04 2012 2016-02-24 21:20:13Z WENDY ROBINSON 24 EAST 120TH STREET NEW YORK NY 10035 6246041 0 X WWW.HELENEFULD.EDU X 2004 NY SEE SCHEDULE O. 14 14 91 0 0 0 261540 296751 5219367 4965527 66309 49513 -8519 0 5538697 5311791 180944 143066 0 0 3433539 3757400 0 0 168021 1644090 2016243 5258573 5916709 280124 -604918 4927510 4640862 688626 926520 4238884 3714342 X SEE SCHEDULE O. 0 0 4716671 143066 4965527 SEE SCHEDULE O. 4716671 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 91 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X GALINA VILKINA 2126167270 24 EAST 120TH STREET NEW YORK NY 10035 ALAN B MCDOUGALL 2.00 X 0 0 0 HAYWARD S GILL JR 2.00 X 0 0 0 RUTH BROWN 2.00 X 0 0 0 FRANK NAIRNE 2.00 X 0 0 0 JAMES C FRAUENTHAL PHD 2.00 X 0 0 0 ROGER MCCLANAHAN 2.00 X 0 0 0 STEPHEN FRAUENTHAL 2.00 X 0 0 0 SHARON LADAY 2.00 X 0 0 0 DAVID BARR 2.00 X 0 0 0 MORGAN HARPER 2.00 X 0 0 0 JEANINE FRUMENTI 2.00 X 0 0 0 PATRICIA SUMNER 2.00 X 0 0 0 JOSEPH L TAIT VMD 2.00 X 0 0 0 JACOB VICTORY MPA 2.00 X 0 0 0 DENISE DAVIS PHD 2.00 X 0 0 0 AMELIA K MCDONALD 2.00 X 0 0 0 DANIEL SUAREZ 2.00 X 0 0 0 WENDY ROBINSON 40.00 X 117200 0 1671 ADENIKE ABOYADE-COLE 40.00 X 12077 0 3394 CELESTE WALLIN 40.00 X 102950 0 9125 MARGARET WINES 40.00 X 142917 0 10780 GALINA VILKINA 40.00 X 51923 0 424 LINDA ENDE 40.00 X 100770 0 0 527837 0 25394 4 0 1 0 BETHEL GOSPEL ASSEMBLY 2-26 EAST 120TH STREET NEW YORK NY 10035 LANDLORD 690702 OXFORD HEALTH PLAN POBOX 1697 NEWARK NJ 071011697 MEDICAL INSURANCE 263774 ASSESSMENT TECHNOLOGY INTSTITUTION LLC 7500 W 160TH STREET STILLWELL KS 66085 TESTING FOR STUDENTS 117187 BLUE CHIP BUILDING MAINTENANCE INC WEST TH STREET NY 10001 HOUSEKEEPING SERVICES 104067 4 49771 246980 296751 TUITION REVENUE 611600 4323409 4323409 CHEMISTRY LAB FEES 611600 385563 385563 NON - TUITION REVENUE 611600 98767 98767 APPLICATION FEES 611600 67063 67063 CLINICAL NSG SKILLS 611600 22157 22157 68568 68568 4965527 45690 45690 938073 934250 3823 3823 3823 5311791 4965527 0 49513 143066 143066 553230 459181 71920 22129 2559248 2115381 337449 106418 644922 539590 80161 25171 12690 12690 47200 47200 17594 17594 181225 181225 49927 49927 304051 258700 43124 2227 790977 712783 69506 8688 9225 9225 132165 119100 11614 1451 58747 52940 5162 645 HFCN TESTING 117336 117336 0 0 EDUCATION EXPENSE 67677 67677 0 0 SUBSCRIPTIONS 54413 34715 19698 0 MAINTENANCE & REPAIR 39334 35446 3456 432 133682 43162 89660 860 5916709 4716671 1032017 168021 94039 172302 3136397 1388488 116758 245274 190782 123687 2283654 859469 177311 1424185 1212223 1286926 4927510 4640862 400236 580955 288390 345565 0 688626 926520 X 3509421 2944113 234843 275609 494620 494620 4238884 3714342 4927510 4640862 X -604918 80371 5 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 729463 212000 8942 143066 37110 770229 753679 174500 180944 17772 729463 774955 176650 -41295 91102 65529 753679 793226 176609 3759 151566 47073 774955 792310 200074 185959 13199 793226 0.64220 0.35780 0 0 1031860 30656 1001204 1251794 828813 422981 1424185 5231504 80371 -143064 -62693 5294197 17594 17594 5311791 5756046 0 5756046 17594 143069 160663 5916709 PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FELLOWSHIPS -143,066. ROUNDING 2. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FELLOWSHIPS 143,066. ROUNDING 3. SCHEDULE D, PART X, LINE 2 ASC740 FOOTNOTE THE COLLEGE HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2007 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. 1 1 1 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 PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH SEVERAL VENUES, INCLUDING ON ITS WEBSITE, IN ITS HUMAN RESOURCES AND STUDENT BROCHURES AND MANUALS AND ON OTHER DOCUMENTATION PROVIDED TO POTENTIAL APPLICANTS TO THE COLLEGE. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 HELENE FULD COLLEGE OF NURSING RECEIVED FOLLOWING STATE GRANTS IN 2012: 1. BUNDY AID (STATE GRANT) = $24,464.20 ($9,241.02 OF WHICH WAS APPROVED IN 2012, BUT RECEIVED IN 2013. RECORDED AS RECEIVABLE IN 2012) 2. HIGH NEED NURSING AID (STATE GRANT) = $8,425.15 3. HIGHER EDUCATION CAPITAL GRANT (HECAP-STATE GRANT)- 10,494.59 THE BALANCE OF THE GRANT APPROVED IN 2010 4. LIBRARY COLLECTION AID (STATE GRANT) - -$3,740.00. THE GRANT WAS APPROVED IN 2012, BUT RECEIVED IN 2013. RECORDED AS RECEIVABLE IN 2012 0 0 0 NURSING SCHOLORSHIPS 188 143066 0 FMV N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS TO MATRICULATE IN THE COLLEGE. X 0 0 0 0 0 0 0 0 0 MARGARET WINES 142917 0 0 0 0 0 0 0 10780 0 153697 0 0 0 ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 HELENE FULD COLLEGE OF NURSING IS AN INDEPENDENT SINGLE-PURPOSE NURSING COLLEGE, WHOSE MISSION IS TO PRODUCE HIGH QUALITY AND TECHNICALLY ADAPTABLE NURSES FOR AN EVER-CHANGING SOCIETY. ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 HELENE FULD COLLEGE OF NURSING IS AN INDEPENDENT SINGLE-PURPOSE NURSING COLLEGE. ITS MISSION IS TO PRODUCE HIGH QUALITY AND TECHNICALLY ADAPTABLE NURSES WHO ARE ABLE TO FUNCTION EFFECTIVELY IN A CHANGING SOCIETY. PROGRAM SERVICE STATEMENT FORM 990, PART III, LINE 4A HELENE FULD COLLEGE OF NURSING IS AN INDEPENDENT SINGLE-PURPOSE INSTITUTION. ITS MISSION IS TO PROVIDE THE OPPORTUNITY, THROUGH A CAREER-LADDER APPROACH, FOR INDIVIDUALS TO ENHANCE THEIR EDUCATION AND IMPROVE THEIR NURSING PRACTICE. THE COLLEGE ENDEAVORS TO PRODUCE HIGH QUALITY AND TECHNICALLY ADAPTABLE NURSES WHO ARE ABLE TO FUNCTION EFFECTIVELY IN A CHANGING SOCIETY. THE COLLEGE AIMS TO TEACH ITS STUDENTS THE VALUE OF INTELLECTUAL SKILLS AND TO HELP THEM DEVELOP THE CAPABILITY OF MAKING CHOICES BASED ON KNOWLEDGE AND UNBIASED EVALUATIONS; TO ADVANCE THE STUDENTS' KNOWLEDGE OF THE PROFESSION AND THEIR PROFICIENCY IN TECHNICAL SKILLS; TO ENCOURAGE PERSONAL GROWTH, RESOURCEFULNESS, A HEIGHTENED SENSE OF RESPONSIBILITY, AND A CONCERN FOR PEOPLE; TO EDUCATE THE STUDENTS TO RECOGNIZE AND APPRECIATE DIVERSE CULTURAL VALUE SYSTEMS; TO FAMILIARIZE THE STUDENTS WITH RESOURCES FOR FUTURE LEARNING SO THAT THEY CAN ADAPT TO THE INCREASING COMPLEXITY OF PROFESSIONAL RESPONSIBILITIES; AND TO PROMOTE LEARNING AS A LIFE-LONG COMMITMENT. THE COLLEGE STRIVES TO PROVIDE CONTINUED LEADERSHIP IN NON-TRADITIONAL NURSING EDUCATION WITH AN EMPHASIS ON EDUCATING LICENSED PRACTICAL NURSES TO ADVANCE TO THE ASSOCIATE DEGREE REGISTERED NURSE LEVEL; TO OFFER OPPORTUNITIES TO MEN AND WOMEN OF DIVERSE RACIAL, ETHNIC, AND SOCIOECONOMIC BACKGROUNDS AND TO THOSE WHO MIGHT OTHERWISE HAVE BEEN EXCLUDED FROM CAREER ADVANCEMENT; TO PREPARE GRADUATES WHO BENEFIT FROM THEIR INCREASED LEVEL OF EXPERTISE; AND TO PROVIDE THE BASE FOR FURTHER PROFESSIONAL EDUCATION. HELENE FULD COLLEGE OF NURSING CONTINUALLY SEEKS TO PROVIDE STUDENTS WITH THE BROADEST POSSIBLE SPECTRUM OF LEARNING OPPORTUNITIES BY USING THE VAST RESOURCES OF NEW YORK CITY. THE COLLEGE IS DEDICATED TO SERVING ITS STUDENTS, THE PROFESSION OF NURSING, AND THE HARLEM COMMUNITY OF WHICH IT IS AN INTEGRAL PART. EDUCATIONAL PHILOSOPHY THE COLLEGE BELIEVES THAT ALL PERSONS ARE ENTITLED TO OPTIMUM HEALTHCARE. THE COLLEGE BELIEVES THIS IS A BASIC HUMAN RIGHT WHICH SHOULD BECOME ONE OF OUR NATION'S HIGH-PRIORITY GOALS. THE COLLEGE BELIEVES THAT NURSING IS ESSENTIAL TO THE HEALTH DELIVERY SYSTEM IN ACHIEVING THIS GOAL. SINCE MODERN NURSING ENCOMPASSES AN INCREASINGLY BROAD RANGE OF KNOWLEDGE AND SKILLS, IT CAN BEST FULFILL ITS OBLIGATIONS TO SOCIETY BY PREPARING DIFFERENT LEVELS OF NURSES. THESE RANGE FROM THE LICENSED PRACTICAL NURSE TO DOCTORALLY PREPARED NURSE. EDUCATIONAL FACILITIES COLLEGE FACILITIES INCLUDE CLASSROOMS, CONFERENCE ROOMS, NURSING ARTS AND SCIENCE LABORATORIES, LEARNING CENTER, ACADEMIC RESOURCE CENTER, AND ADMINISTRATIVE AND FACULTY OFFICES. LEARNING CENTER EQUIPPED WITH 25 INTERNET-READY IBM COMPATIBLE COMPUTERS, THE LEARNING CENTER IS A MAJOR RESOURCE FOR THE HELENE FULD EDUCATIONAL EXPERIENCE. THE LEARNING CENTER HOUSES AN EVER-EXPANDING COLLECTION OF BOOKS AND PERIODICALS SELECTED TO MEET CURRICULUM NEEDS AND STUDENT AND FACULTY INTERESTS. THE LIBRARY'S COLLECTIONS ARE SUPPLEMENTED BY MEMBERSHIPS IN RESOURCE-SHARING CONSORTIA. THESE PARTNERSHIPS ARE INTEGRATED INTO THE BORROWING SERVICES PROVIDED THROUGH THE INTERLIBRARY LOAN SERVICE AND SERVE TO EXPAND THE RANGE OF MATERIALS AVAILABLE TO STUDENTS. AUDIOVISUAL AND COMPUTER ASSISTED INSTRUCTIONAL RESOURCES SUPPLEMENT CLASSROOM INSTRUCTION, ENHANCE LEARNING AND PROVIDE A MEANS OF INDEPENDENT STUDY AND RESEARCH. THE LEARNING CENTER MAINTAINS AN INTRANET PORTAL WHERE COURSE SYLLABI, BOOK LISTS, ONLINE PERIODICALS AND OTHER INFORMATION ARE AVAILABLE. THE LEARNING CENTER ALSO HAS SPACE FOR GROUP STUDY. FOR A SMALL FEE, STUDENTS MAY COPY SELECTED PAGES FROM NON-CIRCULATING MATERIALS. AUDIOCASSETTES CAN ALSO BE DUPLICATED FOR HOME USE. THE LEARNING CENTER IS STAFFED MONDAY THROUGH THURSDAY FROM 8:00 A.M. TO 8:00 P.M. AND ON FRIDAY FROM 8:00 A.M. TO 6:00 P.M. NURSING ARTS LABORATORIES THE NURSING ARTS LABORATORIES ARE AVAILABLE FOR STUDENTS TO PRACTICE AND REVIEW CLINICAL SKILLS, UNDER THE GUIDANCE OF QUALIFIED CLINICAL INSTRUCTORS. DURING EACH NURSING COURSE WHICH HAS A CLINICAL COMPONENT, STUDENTS ARE SCHEDULED FOR LAB HOURS. THE LABS ARE ALSO USED TO DEMONSTRATE SELECTED PROCEDURES DURING NURSING WORKSHOPS AND SEMINARS. THE TWO LABS CONTAIN ADVANCED TECHNOLOGICAL RESOURCES INCLUDING A COMPUTERIZED PATIENT SIMULATOR FOR DEMONSTRATION OF BASIC AND ADVANCED ASSESSMENTS AND ACUTE CARE PRACTICES, AS WELL AS VIDEO EQUIPMENT, AND A SMALL LIBRARY OF NURSING BOOKS. THE NURSING ARTS LABORATORIES ARE OPEN FROM THROUGH JUNE. HOURS OF OPERATION ARE POSTED ON THE DOORS. ACADEMIC RESOURCE CENTER THE ACADEMIC RESOURCE CENTER HOUSES A COMPUTER LAB WITH 24 HOUR INTERNET-READY STUDENT WORKSTATIONS WHERE ENTRANCE AND ASSESSMENT TESTS ARE GIVEN. THE CENTER IS ALSO OPEN FOR STUDENT USE ON CERTAIN DAYS OF THE WEEK, WHICH ARE POSTED ON THE DOOR. STAFF ARE AVAILABLE TO HELP STUDENTS. WRITING CENTER THE WRITING CENTER PROVIDES OPPORTUNITIES FOR STUDENTS TO ENHANCE THEIR WRITING ABILITIES WITH ONE-ON-ONE TUTORING. STUDENTS ARE ENCOURAGED TO BRING IN WRITING SAMPLES FOR CRITIQUE AND ASSISTANCE. TUTORS ENCOURAGE STUDENTS TO BECOME BETTER WRITERS BY IDENTIFYING THEIR STRENGTHS AND WEAKNESSES AND CORRECTING THEIR OWN ERRORS. CLINICAL FACILITIES HELENE FULD COLLEGE OF NURSING USES SELECTED PATIENT-CARE UNITS AT COOPERATING HOSPITALS AND COMMUNITY AGENCIES FOR CLINICAL EXPERIENCE. EXPERIENCE IS AVAILABLE WITH PATIENTS OF ALL AGES, VARIED ETHNIC AND SOCIOECONOMIC BACKGROUNDS AND WITH A VARIETY OF CLINICAL CONDITIONS. FACILITIES USED INCLUDE THE FOLLOWING: BELLEVUE HOSPITAL CENTER BRONX LEBANON HOSPITAL CASITA UNIDA CLUBHOUSE HARLEM HOSPITAL CENTER HOSPITAL FOR JOINT DISEASES JACOBI MEDICAL CENTER LENOX HILL HOSPITAL MANHATTAN PSYCHIATRIC CENTER METROPOLITAN HOSPITAL CENTER MONTEFIORE HOSPITAL CENTER MT. SINAI MEDICAL CENTER NORTH GENERAL HOSPITAL OUR LADY OF MERCY MEDICAL CENTER PUBLIC SCHOOL 79, NYC BOARD OF EDUCATION ST. LUKE'S ROOSEVELT MEDICAL CENTER. FORM 990, PART VI, SECTION A, LINE 2 BOARD OF TRUSTEE MEMBERS JAMES C FRAUENTHAL, PH D, (TREASURER) AND STEPHEN FRAUENTHAL HAVE A FAMILY RELATIONSHIP, THEY ARE BROTHERS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 WILL BE PROVIDED TO EACH MEMBER OF THE HELENE FULD COLLEGE OF NURSING BOARD OF TRUSTEES PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE (IN EITHER AN ELECTRONIC OR PAPER FORMAT). THE FORM 990 WAS PRESENTED TO THE HELENE FULD COLLEGE OF NURSING BOARD OF TRUSTEES BY DELOLTTE TAX LLP. THE FORM 990 WAS REVIEWED IN DETAIL BY THE COLLEGE'S HEAD OF FINANCE AND PRESIDENT AND APPROVED FOR FILING AFTER THE BOARD OF TRUSTEES PROVIDED FINAL COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO BE IN COMPLIANCE WITH THE COLLEGE'S CONFLICT OF INTEREST POLICY. EACH INDIVIDUAL IS PROVIDED AN ANNUAL QUESTIONNAIRE/SURVEY THAT IS INTENDED TO DISCLOSE BUSINESS AND/OR FAMILY RELATIONSHIPS/INTERESTS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. THESE RESPONSES ARE MAINTAINED IN THE HUMAN RESOURCES DEPARTMENT AND ARE REVIEWED ANNUALLY TO ENSURE COMPLIANCE WITH THE COLLEGE'S POLICY. IN 2011, NO CONFLICTS WERE DISCLOSED ON THE ANNUAL QUESTIONNAIRES SUBMITTED BY THE OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES THAT ARE NOT DISCLOSED ON THE FORM. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT OF THE COLLEGE IS DETERMINED BY THE COLLEGE'S BOARD OF TRUSTEES THROUGH THE PERSONNEL COMMITTEE OF THE BOARD AND IS DESIGNED TO ENSURE THAT THE AMOUNT PAID IS REASONABLE. THE PRESIDENT'S SALARY WAS SET MANY YEARS AGO AND IS INCREASED AS APPROVED BY THE BOARD. FOR ALL OTHER OFFICERS AND KEY EMPLOYEES, COMPENSATION IS SET UPON HIRING AND THEN SUBJECT TO AN INCREASE AS RECOMMENDED BY THE PRESIDENT AND APPROVED BY THE BOARD. HISTORICALLY, THE BOARD HAS APPROVED 3% ANNUAL SALARY INCREASES FOR THE PRESIDENT AND KEY EMPLOYEES. NEITHER THE BOARD, THE PRESIDENT NOR ANY OTHER OFFICER HAS THE DISCRETION TO ALTER COMPENSATION INCREASES. ADDITIONALLY, IN 2012, NEITHER THE PRESIDENT NOR ANY OFFICER RECEIVED A BONUS. FORM 990, PART VI, SECTION C, LINE 19 THE TAXPAYER MAKES ITS FORM 990 AND FORM 1023 AVAILABLE TO THE PUBLIC BY RETAINING A COPY OF EACH AT THE ADDRESS LISTED ON PAGE 1 OF THIS RETURN. ANY INDIVIDUAL REQUESTING A COPY OF THESE DOCUMENTS IS PROVIDED THAT COPY ON THE SAME BUSINESS DAY. THE ORGANIZATION'S GOVERNING DOCUMENTS, AUDITED FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND AT MANAGEMENT'S DISCRETION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ROUNDING 5. NET ASSETS RELEASED 0. GRANTS AND AID DETAILS GRANTS AND AID DETAILS TYPE OF FINANCIAL PROVIDED # OF RECIPIENTS LOUIS & RACHEL RUDIN FOUNDATION 130 SWITZER AWARD 10 APTS (PART TIME TAP) 26 NYS TUITION ASSISTANCE PROGRAM (TAP) 93 FEDERAL SUPPLY OPPORUNITY GRANT 107 PELL GRANT 318 TOTAL NUMBER OF RECIPIENTS 684 AGGREGATE DOLLAR AMOUNT $246,839 **THE COLLEGE RECEIVES THE FOLLOW ING AWARDS THAT DO NOT IMPACT THE COLLEGE'S PROFIT AND LOSS STATEMENT AS THE AWARDS ARE RECEIVED AND IMMEDIATELY DISBURSED TO SCHOLARSHIP/GRANT RECIPIENTS. US DEPARTMENT OF EDUCATION FEDERAL PELL GRANT PROGRAM = $ 545,756 FEDERAL SUPPLEMETAL EDUCATIONAL OPPORTUNITY GRANT = $51,836 LOANS # OF RECIPIENTS AMOUNT PRIVATE EDUCATIONAL LOAN 14 $102,500 FEDERAL SUBSIDIZED LOAN 457 $1,088,488 FEDERAL UNSUBSIDIZED LOAN 472 $1,651,562 TOTAL FEDERAL AWARDS $3,604,633