EXCELSIOR UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- EXCELSIOR UNIVERSITY (EIN 16-1532850)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-11
- IRS object ID
- 201211329349302181
- Schema version
- 2010v3.4
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-11T08:56:14-07:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161532850 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EXCELSIOR COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | EXCE | NameControl |
| Phone | 5184648500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Columbia Circle | AddressLine1 |
| City | Albany | City |
| State | NY | State |
| ZIP Code | 122035159 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | John Pontius | Name |
| Title | VP of Finance and Administration | Title |
| Phone | 5184648384 | Phone |
| Date Signed | 2012-05-11 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | John Ebersole | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Columbia Circle | AddressLine1 |
| City | Albany | City |
| State | NY | State |
| ZIP Code | 122035159 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 74712582 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.excelsior.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1998 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | A college accredited by the Commission on Higher Education of the Middle States Association of Colleges and Schools, focusing on adult learners through assessment and validation of student knowledge. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1396 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 558492 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 889517 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 61520834 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 63365085 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 574409 | InvestmentIncomePriorYear |
| Investment Income Current Year | 232007 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 23733 | OtherRevenuePriorYear |
| Other Revenue Current Year | 20507 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 62677468 | TotalRevenuePriorYear |
| Total Revenue Current Year | 64507116 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 715877 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 567810 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 42153760 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 44538284 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 81737 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1224184 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 18419175 | OtherExpensePriorYear |
| Other Expenses Current Year | 20495434 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 61288812 | TotalExpensesPriorYear |
| Total Expenses Current Year | 65683265 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1388656 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1176149 | RevenuesLessExpensesCY |
| Total Assets BOY | 43327755 | TotalAssetsBOY |
| Total Assets EOY | 42249646 | TotalAssetsEOY |
| Total Liabilities BOY | 15679061 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 14156430 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 27648694 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 28093216 | NetAssetsOrFundBalancesEOY |
| Mission Description | Excelsior College provides educational opportunity to adult learners with an emphasis on those historically underrepresented in higher education. The College meets students where they are - academically and geographically, offering quality instruction and the assessment of prior learning. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 22770337 | Expense |
| Grants | 214156 | Grants |
| Revenue | 29880771 | Revenue |
| Description | Undergrad and Graduate Tuition (credit and non-credit bearing) Higher Education. During this period, 84,695 undergraduate hours of course instruction, and 9,854 hours of graduate level course instruction were delivered. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 14881599 | Expense |
| Grants | 353654 | Grants |
| Revenue | 17500329 | Revenue |
| Description | Nursing and Written Examinations (administered examinations) Higher Education. During this period, the College administered 38,504 written examinations to students enrolled in its various programs and administered 2,814 performance examinations to students enrolled in its Nursing programs. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9932929 | Expense |
| Grants | 0 | Grants |
| Revenue | 15955695 | Revenue |
| Description | Enrollment Higher Education. During this period, 14,240 new students enrolled in the College while there were 30,963 actively enrolled students as of 6/30/11. 5,568 students completed degree requirements between 7/1/10 and 6/30/11. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 451549 | Expense |
| Grants | 0 | Grants |
| Revenue | 28290 | Revenue |
| Description | During FY 2011 the College conducted the "Presidents' Forum" wich provides both traditional and non-traditional institutions the opportunity to exchange knowledge and perceptions of current models and tools for successful operation in an online environment. The College also started the "Educators Serving Educators" program. This program works with accredited institutions of higher education to develop and deliver online programs and courses specializing in assisting institutions that serve individuals traditionally underrepresented in higher education. The College also started a press which uses a variety of new and emerging technologies to publish works in print and as e-books. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 451549 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 28290 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 48036414 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | 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 | 1 | 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 | 1 | 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 | 249 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1396 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | 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 | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Michele Auricchio | NamePerson |
| Telephone Number | 5184648804 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Excelsior College | AddressLine1 |
| Address Line2 | 7 Columbia Circle | AddressLine2 |
| City | Albany | City |
| State | NY | State |
| ZIP Code | 12203 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (42 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Richard Yep | |||||||||
| Chairman of the Board | 1.2 | X | 0 | 0 | 0 | ||||
| Polly Baca | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| Linda Davila | |||||||||
| Vice Chariman of the Board | 1.2 | X | 0 | 0 | 0 | ||||
| Gloria R Gelmann | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| William G Harris | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| Harold L Hodgkinson | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| William T Moran | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| Alvin J Schexnider | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| Harry L Staley | |||||||||
| Board Treasurer | 1.2 | X | 0 | 0 | 0 | ||||
| Pamela Tate | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| Andre Vacroux | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| John R Wetsch | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| Kathryn J Whitmire | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| Jerry L Neff | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| Mary O'Conner | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| David Oliker | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| Sharon I Richie-Melvan | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| John Amidon | |||||||||
| Board Member (Ex-Officio) | 1.2 | X | 0 | 0 | 0 | ||||
| Rita Cepeda | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| Joseph S Laposata | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| Joshua L Smith | |||||||||
| Board Member | 1.2 | X | 0 | 0 | 0 | ||||
| John Ebersole | |||||||||
| President and Board Member (Ex-Officio) | 37.5 | 450870 | 0 | 76096 | X | ||||
| John M Pontius | |||||||||
| VP for Finance and Administration | 37.5 | 175713 | 0 | 15785 | X | ||||
| Nancy Davidson | |||||||||
| VP for HR and Administrative Services | 37.5 | 166453 | 0 | 15630 | X | ||||
| Mary Beth Hanner | |||||||||
| VP for outcomes assessment and Institutional Research | 37.5 | 170166 | 0 | 30058 | X | ||||
| Cathy Kushner | |||||||||
| VP Institutional Advancement | 37.5 | 163702 | 0 | 28888 | X | ||||
| Joseph Porter | |||||||||
| VP for Legal & Governmental Affairs, General Counsel, Secretary to the BOT | 37.5 | 178460 | 0 | 15974 | X | ||||
| Wayne Brown | |||||||||
| VP for Extended Education | 37.5 | 202435 | 0 | 19441 | X | ||||
| Dana Offerman | |||||||||
| Provost & Chief Academic Officer | 37.5 | 204852 | 0 | 32032 | X | ||||
| Craig Maslowsky | |||||||||
| VP for Enrolmment Management | 37.5 | 0 | 0 | 0 | X | ||||
| Susan O'Hern | |||||||||
| VP for Information Technology | 37.5 | 96294 | 0 | 26262 | X | ||||
| Jane LeClair | |||||||||
| Dean, Business and Technology | 37.5 | 150219 | 0 | 14036 | X | ||||
| Bridget M Nettleton | |||||||||
| Dean, Nursing | 37.5 | 150552 | 0 | 27683 | X | ||||
| George Timmons | |||||||||
| Dean, Online Education and Learning Services | 37.5 | 134669 | 0 | 13735 | X | ||||
| Scott Dalrymple | |||||||||
| Dean, School of Liberal Arts | 37.5 | 143317 | 0 | 13089 | X | ||||
| Thomas Dalton | |||||||||
| Assistant VP for Enrollment Management and Financial Aid | 37.5 | 124925 | 0 | 28369 | X | ||||
| Timothy Maciel | |||||||||
| Associate Provost | 37.5 | 123770 | 0 | 12492 | X | ||||
| Patrick Jones | |||||||||
| Dean of Assessment | 37.5 | 147407 | 0 | 27786 | X | ||||
| William Stewart | |||||||||
| Assistant Vice President for Institutional Advancement | 37.5 | 109139 | 0 | 11073 | X | ||||
| Anita Burns | |||||||||
| Assistant Vice President for Human Resources | 37.5 | 106490 | 0 | 24127 | X | ||||
| Murray Block | |||||||||
| Chief of Staff | 37.5 | 118165 | 0 | 5594 | X | ||||
| Michele Auricchio | |||||||||
| Assistant Vice President for Finance and Administration | 37.5 | 104511 | 0 | 26604 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3222109 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 464754 | TotalOtherCompensation |
| Number Individuals GT100 K | 32 | NumberIndividualsGT100K |
| Formers Listed | 1 | 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 |
|---|---|---|---|---|---|---|
| NCS Pearson Inc | ||||||
| 13036 Collection Center Drive | Chicago | IL | 60693 | Examination Administrative Services | 1908104 | |
| Southern Performance Assessment Center | ||||||
| 3032 Briarcliff Road NE | Atlanta | GA | 30329 | Nursing Examination Administrative Services | 1104846 | |
| Milton S Eisenhower Library | ||||||
| Johns Hopkins University | Baltimore | MD | 21218 | Library Services | 1059941 | |
| GSS Infotech NY Inc | ||||||
| 1762 Central Ave | Albany | NY | 12205 | IT Consulting, Supply, and Support | 581562 | |
| Google Inc | ||||||
| Department No 33654 | San Francisco | CA | 941393654 | Advertising Services | 508590 | PO Box 39000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 35 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 59740 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 320872 | GovernmentGrants |
| All Other Contributions | 508905 | AllOtherContributions |
| Noncash Contributions | 8564 | NoncashContributions |
| Total Contributions | 889517 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Graduate, UG, & Non-Credit Bearing Tuition | 611310 | 29880771 | 29880771 | 0 | $0 |
| Examination Fees | 611310 | 17500329 | 17500329 | 0 | $0 |
| Enrollment Related Fees | 611310 | 15955695 | 15955695 | 0 | $0 |
| Presidents' Forum Conference Fees | 611310 | 28290 | 28290 | 0 | $0 |
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 | 63365085 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 451971 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $451,971 | 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 |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 9959619 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 10173262 | Securities |
| Other | 6321 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -213643 | Securities |
| Other | -6321 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -219964 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$219,964 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 4920 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 59740 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 25883 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -20963 | TotalRevenueColumn |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$20,963 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Bad Check Charges | 900099 | 5040 | 5040 | 0 | $0 |
| Merchandise | 900099 | 11467 | 11467 | 0 | $0 |
| Miscellaneous | 900099 | 24963 | 24963 | 0 | $0 |
Miscellaneous Revenue MiscellaneousRevenue
| 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 Other Revenue | 41470 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 64507116 | TotalRevenueColumn |
| Related Or Exempt Function Income | 63406555 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $211,044 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 567810 | Total |
| Program Services | 567810 | 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 | 2317378 | Total |
| Program Services | 496049 | ProgramServices |
| Management And General | 1632262 | ManagementAndGeneral |
| Fundraising | 189067 | 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 | 33527479 | Total |
| Program Services | 28337387 | ProgramServices |
| Management And General | 4582463 | ManagementAndGeneral |
| Fundraising | 607629 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2195402 | Total |
| Program Services | 1937200 | ProgramServices |
| Management And General | 231050 | ManagementAndGeneral |
| Fundraising | 27152 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3690021 | Total |
| Program Services | 3116896 | ProgramServices |
| Management And General | 518296 | ManagementAndGeneral |
| Fundraising | 54829 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2808004 | Total |
| Program Services | 2373322 | ProgramServices |
| Management And General | 383792 | ManagementAndGeneral |
| Fundraising | 50890 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74175 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 74175 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 113793 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 113793 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 131350 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 131350 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 318986 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 318986 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81737 | Total |
| Fundraising | 81737 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 119670 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 119670 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8142033 | Total |
| Program Services | 6406297 | ProgramServices |
| Management And General | 1681798 | ManagementAndGeneral |
| Fundraising | 53938 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2150835 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 2150835 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2108863 | Total |
| Program Services | 809997 | ProgramServices |
| Management And General | 1185668 | ManagementAndGeneral |
| Fundraising | 113198 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1076136 | Total |
| Program Services | 5736 | ProgramServices |
| Management And General | 1069600 | ManagementAndGeneral |
| Fundraising | 800 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 308563 | Total |
| Program Services | 308563 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1013695 | Total |
| Program Services | 153919 | ProgramServices |
| Management And General | 859776 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1650811 | Total |
| Program Services | 1271292 | ProgramServices |
| Management And General | 341111 | ManagementAndGeneral |
| Fundraising | 38408 | 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 | 563024 | Total |
| Program Services | 216500 | ProgramServices |
| Management And General | 340129 | ManagementAndGeneral |
| Fundraising | 6395 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3629 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 3629 | 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 | 1591659 | Total |
| Program Services | 1018662 | ProgramServices |
| Management And General | 572997 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41435 | Total |
| Program Services | 1697 | ProgramServices |
| Management And General | 39738 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Credit Card Fees | 794857 | 794857 | 0 | 0 |
| College Wide Bad Debt Expense | 214640 | 214640 | 0 | 0 |
| Misc. Expense | 77280 | 5590 | 71549 | 141 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65683265 | Total |
| Program Services | 48036414 | ProgramServices |
| Management And General | 16422667 | ManagementAndGeneral |
| Fundraising | 1224184 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 703813 | BOY |
| EOY | -932109 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8981613 | BOY |
| EOY | 7983992 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 422252 | BOY |
| EOY | 131234 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2794254 | BOY |
| EOY | 2619408 | 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 | 229531 | BOY |
| EOY | 422437 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139703 | BOY |
| EOY | 120844 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 872962 | BOY |
| EOY | 812385 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 24583358 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 14637223 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9987282 | BOY |
| EOY | 9946135 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19084903 | BOY |
| EOY | 21093851 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111442 | BOY |
| EOY | 51469 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43327755 | BOY |
| EOY | 42249646 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8544176 | BOY |
| EOY | 7692634 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 183669 | BOY |
| EOY | 269739 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5050251 | BOY |
| EOY | 4671321 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1769621 | BOY |
| EOY | 1507618 | 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 | 131344 | BOY |
| EOY | 2892 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 12226 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15679061 | BOY |
| EOY | 14156430 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26809777 | BOY |
| EOY | 26978371 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 397222 | BOY |
| EOY | 515009 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 441695 | BOY |
| EOY | 599836 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27648694 | BOY |
| EOY | 28093216 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43327755 | BOY |
| EOY | 42249646 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1176149 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1620671 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $440,129 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $87,983 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 528112 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchC_P2B_S00_L01 | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | The majority of time/cost is spent in direct contact with various state legislators and other state government officials, in coordination with the College's registered lobbyist consultants, defending the College's Associate Degree Nursing program. The College works to have state statutes and/or regulations changed or introduced to ensure that the College's Associate Degree Nursing graduates are eligible for Registered Nurse licensure in those states. A significant portion of cost/time is spent preparing materials to aid College Officials, in coordination with the College's registered lobbyist consultants, in educating government officials on the fact that Excelsior College graduates are as prepared for licensure as nursing graduates from more traditional programs. Time is also spent drafting proposed legislation that would ensure Excelsior College nursing graduates would receive licensure in various states. | Explanation |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 64800 | 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 | 453217 | BeginningOfYearBalance |
| Contributions | 53899 | Contributions |
| Investment Earnings Or Losses | 103243 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 20690 | GrantsOrScholarships |
| Other Expenditures | 21021 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 568648 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 419861 | BeginningOfYearBalance |
| Contributions | 23575 | Contributions |
| Investment Earnings Or Losses | 48982 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 19490 | GrantsOrScholarships |
| Other Expenditures | 19711 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 453217 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 402739 | BeginningOfYearBalance |
| Contributions | 37250 | Contributions |
| Investment Earnings Or Losses | -43015 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 17458 | GrantsOrScholarships |
| Other Expenditures | -40345 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 419861 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.87 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.13 | 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 | 706735 | OtherCostOrOtherBasis |
| Book Value | 706735 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 7382883 | OtherCostOrOtherBasis |
| Depreciation | 2279397 | Depreciation |
| Book Value | 5103486 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 268696 | OtherCostOrOtherBasis |
| Depreciation | 108657 | Depreciation |
| Book Value | 160039 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 15109376 | OtherCostOrOtherBasis |
| Depreciation | 11769448 | Depreciation |
| Book Value | 3339928 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 1115668 | OtherCostOrOtherBasis |
| Depreciation | 479721 | Depreciation |
| Book Value | 635947 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 9946135 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Liabilities to beneficiaries under split interest agreements | Description |
| Amount | $12,226 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 12226 | TotalOfAmounts |
| Total Revenue | 64507116 | TotalRevenue |
| Total Expenses | 65683265 | TotalExpenses |
| Excess Or Deficit For Year | -1176149 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1620670 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 0 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | $0 | OtherAmount |
| Total Adjustments | 1620670 | TotalAdjustments |
| Excess Or Deficit Per FS | 444521 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 66200687 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1620670 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 40698 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | 1661368 | RevenueNotRptdF990 |
| Revenue Subtotal | 64539319 | RevenueSubtotal |
| Investment Expenses Not Included | 0 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -32203 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -32203 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 64507116 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 65756166 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 40698 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 40698 | ExpensesNotRptdF990 |
| Expenses Subtotal | 65715468 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 0 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | -32203 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | -32203 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 65683265 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P03_S00_L04 | Schedule D, Part III, Line 4 | Consists of various paintings that have been donated to and/or purchased by the college and have been recorded at their appraised fair market value at the time of donation, or cost at time of purchase. This collection aids in fostering a sense of community and appreciation of the arts for students, faculty, and support staff of the college. |
| SchD_P05_S00_L01e | Schedule D, Part V, Line 1e | Schedule D, Part V, Line 1e - In accordance with the State of New York Prudent Management of Institutional Funds Act (NYPMIFA), the 21,021 listed as other expenditures represents the College's transfer of funds related to the appreciation of endowment assets from Permanently Restricted Net Assets to Unrestricted Net Assets. |
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | The intended use of the College's endowment is for scholarships which are given to students to defray the cost of degree completion. |
| SchD_P10_S00_L02 | Schedule D, Part X, Line 2 | The College is classified for tax purposes as an organization under Section 501(c)(3) of the Internal Revenue Code, and except for unrelated business income, if any, is exempt from federal income taxes under Section 501(a) of the Code. Therefore, no provision for income taxes is made in the accompanying financial statements. The College follows the FASB guidance regarding accounting for uncertain tax positions. The College believes that it has no uncertain tax positions taken or expected to be taken that could result in an unrecognized tax benefit liability. The College has no federal or state informational tax returns that are currently under examination by the Internal Revenue Service ("IRS") or state authorities. However, fiscal years 2008 and later remain subject to examination by the IRS and New York State. |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | Includes fundraising expenditures and loss on disposal of assets. |
| SchD_P13_S00_L04b | Schedule D, Part XIII, Line 4b | Includes fundraising expenditures and loss on disposal of assets. |
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 | 0 | 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 | The organization meets the criteria established in section 4 03-2 of revenue procedures 75-50. |
| SchE_P01_S00_L06 | Schedule E, Part I, Line 6 | The college receives government assistance in the form of; Federal Direct Loans, SEOG grants, NYS TAP grants, NYS APTS grants, training grants such as the HRSA traineeship, HRSA Nursing Student Loan program and the HRSA Nursing Faculty Loan Program. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (5 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| North America (including Canada and Mexico, but not the United States) | 0 | 0 | Program Services | Accreditation team visit and attending academic conferencews | 12972 |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | International student recruitment and attending academic conferences | 14579 |
| Middle East and North Africa | 0 | 0 | Program Services | International student recruitment | 6420 |
| East Asia and the Pacific | 0 | 1 | Program Services | International student recruitment | 12847 |
| South America | 0 | 0 | Program Services | International student recruitment | 9116 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 1 | TotalNumberOfEmployees |
| Total Amount Spent | 55934 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization | Address Line2AddressUS/AddressLine2 | Name Of IndividualNameOfIndividual |
|---|---|---|---|---|---|---|---|---|---|---|
| Ruffalo Cody LLC | ||||||||||
| 65 Kirkwood North Road SW | Cedar Rapids | IA | 52404 | Phone Solicitiation | 0 | 38437 | 67553 | -29116 | ||
| Washburn & McGoldrick LLC | ||||||||||
| 950 New Loudon Road | Latham | NY | 12110 | Consulting | 0 | 0 | 8200 | -8200 | Suite 210 | |
| (no name) | ||||||||||
| 1574 New Scotland Road | Slingerlands | NY | 12159 | Consulting | 0 | 0 | 5500 | -5500 | Catherine Potvin | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 38437 | TotalGrossReceipts |
| Total Retained By Contractors | 81253 | TotalRetainedByContractors |
| Total Net To Organization | -42816 | TotalNetToOrganization |
| Licensed States | NY | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Partners in Lifelong Learning Scholarship Fundraising Event | NameOfEvent1 |
| Gross Receipts Event1 | 64660 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 59740 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 4920 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 728 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 800 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 12852 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 0 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 11503 | OtherDirectExpensesEvent1 |
| Food And Beverage Other Events | 0 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Gross Receipts Total | 64660 | GrossReceiptsTotal |
| Charitable Contributions Total | 59740 | CharitableContributionsTotal |
| Gross Revenue Total Events | 4920 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 728 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 800 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 12852 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 0 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 11503 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 25883 | DirectExpenseSummaryEvents |
| Net Income Summary | -20963 | 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 | Scholarships | TypeOfGrant |
| Number Of Recipients | 1062 | NumberOfRecipients |
| Amount Of Cash Grant | 567810 | 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 provides individual scholarship assistance to enrolled students in order to defray the cost of the College's enrollment and examination fees. This assistance is provided through direct credit to the student's account with the college, ensuring funds are utilized for their intended purpose. Depending on the source of funds, there may be donor stipulations which students may need to adhere to in order to maintain eligibility of funds. In the event of such, ongoing monitoring is performed by the College's Financial Aid department. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| 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 |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | 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 (17 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| John Ebersole | |||||||||||||
| 301521 | 0 | 30600 | 0 | 118749 | 0 | 62577 | 0 | 14281 | 0 | 527728 | 0 | 36000 | 0 |
| John M Pontius | |||||||||||||
| 152343 | 0 | 10112 | 0 | 13258 | 0 | 15552 | 0 | 491 | 0 | 191756 | 0 | 0 | 0 |
| Nancy Davidson | |||||||||||||
| 155894 | 0 | 10163 | 0 | 396 | 0 | 15630 | 0 | 396 | 0 | 182479 | 0 | 0 | 0 |
| Mary Beth Hanner | |||||||||||||
| 159016 | 0 | 10754 | 0 | 396 | 0 | 16539 | 0 | 13915 | 0 | 200620 | 0 | 0 | 0 |
| Cathy Kushner | |||||||||||||
| 152938 | 0 | 10268 | 0 | 496 | 0 | 15791 | 0 | 13493 | 0 | 192986 | 0 | 0 | 0 |
| Joseph Porter | |||||||||||||
| 157709 | 0 | 10267 | 0 | 10484 | 0 | 15789 | 0 | 323 | 0 | 194572 | 0 | 0 | 0 |
| Wayne Brown | |||||||||||||
| 190291 | 0 | 11934 | 0 | 210 | 0 | 18812 | 0 | 719 | 0 | 221966 | 0 | 0 | 0 |
| Dana Offerman | |||||||||||||
| 191787 | 0 | 12669 | 0 | 396 | 0 | 19483 | 0 | 12945 | 0 | 237280 | 0 | 0 | 0 |
| Jane LeClair | |||||||||||||
| 143801 | 0 | 6160 | 0 | 258 | 0 | 13614 | 0 | 680 | 0 | 164513 | 0 | 0 | 0 |
| Bridget M Nettleton | |||||||||||||
| 143394 | 0 | 6900 | 0 | 258 | 0 | 14634 | 0 | 13307 | 0 | 178493 | 0 | 0 | 0 |
| Scott Dalrymple | |||||||||||||
| 122606 | 0 | 6000 | 0 | 14711 | 0 | 12462 | 0 | 688 | 0 | 156467 | 0 | 0 | 0 |
| Thomas Dalton | |||||||||||||
| 119376 | 0 | 5411 | 0 | 138 | 0 | 12420 | 0 | 16087 | 0 | 153432 | 0 | 0 | 0 |
| Patrick Jones | |||||||||||||
| 140649 | 0 | 6500 | 0 | 258 | 0 | 14689 | 0 | 13355 | 0 | 175451 | 0 | 0 | 0 |
| William Stewart | |||||||||||||
| 104108 | 0 | 4773 | 0 | 258 | 0 | 10603 | 0 | 728 | 0 | 120470 | 0 | 0 | 0 |
| Anita Burns | |||||||||||||
| 101401 | 0 | 5000 | 0 | 89 | 0 | 10607 | 0 | 13657 | 0 | 130754 | 0 | 0 | 0 |
| Murray Block | |||||||||||||
| 105273 | 0 | 5746 | 0 | 7147 | 0 | 5594 | 0 | 0 | 0 | 123760 | 0 | 0 | 0 |
| Michele Auricchio | |||||||||||||
| 99471 | 0 | 4950 | 0 | 89 | 0 | 10607 | 0 | 20065 | 0 | 135182 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchJ_P01_S00_L01a | Identifier |
| Return Reference | Schedule J, Part I, Line 1a | ReturnReference |
| Explanation | In calendar year 2010, the College paid gross up payments to the President of the College. These tax gross up payments were to reimburse the President for taxes incurred related to supplemental long term care and life insurance. Additionally, in 2010 the college paid social club dues on behalf of the President. These dues were indented for business use relating to College matters only, and as such, were not treated as taxable income to him. Any personal use of the club was reimbursed to the College by the President. A monthly housing allowance is provided to the President and is included in his taxable wages. Finally, several officers received health club benefits during calendar year 2010. The College reimburses a portion of health club dues of its employees as part of the College's wellness initiative policy. This benefit is available to all college employees, and is included in the taxable income of employees who use this benefit. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|
| Albany County Industrial Development Agency | ||||||
| 141663410 | 2003-09-18 | 1300000 | Purchase of 9 Columbia Circle | 0 | 0 | 0 |
| Albany County Industrial Development Agency | ||||||
| 222587283 | 2003-05-16 | 2292130 | Refinance issue used for 7 Columbia Circle | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 1300000 | 0 | 0 | 0 | 49901 | 0 | 0 | 1300000 | 0 | 0 | 2003 | 0 | 0 | 1 | 1 |
| 0 | 0 | 2292130 | 0 | 0 | 0 | 24404 | 0 | 0 | 2292130 | 0 | 0 | 2003 | 1 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MVP Healthcare | |||
| President of above referenced business, David Oliker, is a member of the College's Board of Trustees | 136081 | Payments for adminstration of self-funded health insurance plan for employees of the College. | 0 |
| CAEL | |||
| President of above referenced business, Pamela Tate, serves on the College's Board of Trustees | 164544 | Conducts various consulting activities related to the evaluation, assessment, and prospective research of the College's academic programs | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0A_L03 | Form 990, Part VI, Section A, Line 3 | The college contracted with an outside management services firm to temporarily aid with the vacant position of VP of Enrollment Services. The firm provided an interim solution until a permanent employee was hired in March of the tax year. |
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | The form 990 was prepared by the accounting services department at the College. The information within the return was obtained through input from several Officers of the College. Following internal preparation of the return, it was forwarded to the College's independent auditors to seek their input before forwarding to the Audit Committee of the Board of Trustees. The Audit committee was delegated the authority to review and approve the final version of the information return by the Board of Trustees. The Audit Committee reviewed the final return in depth via teleconference with the Officers of the College and the accounting staff. Management at the College guided the Audit Committee through the various schedules included in the filing noting the purpose of the schedule and identifying the origin and sources of the content contained within. All questions posed by the Committee were answered by the Management of the College as documented in the minutes to the meeting. The final return was made available for inspection and review to all Board Members before final filing with the IRS. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | The College has had a written conflict of interest policy since June, 1998. This policy, as amended in 2008, is distributed annually to all Officers, Trustees, and other key employees each October. In addition to the policy, all officers, trustees and key employees are required to complete an annual disclosure statement indicating conflicts of interest and any direct or indirect professional and/or business arrangements with vendors with whom the College has a professional or business arrangement. Annually, the Audit Committee of the Board meets with General Counsel and the Secretary to the Board to review all disclosures and to determine the existence and severity of any conflicts. If conflicts exist, the Chairman of the Board is made aware of the conflicts and disclosures and the Secretary of the Board takes action as directed by the Audit Committee. Should the conflict exist at the Board level, full disclosure is made to all Board members and the affected member is recused from any vote related to the conflict of interest. Conflicts at levels below the Board are disclosed to the CEO, the VP of ODHR, and Legal Counsel to determine the impact of the conflict on the employees' ability to function in the effected role and take steps to resolve the conflict. |
| F990_P06_S0B_L14 | Form 990, Part VI, Section B, Line 14 | Financial records are retained in accordance with the College's standard record retention policy. In addition, grant awards, certain mortgage and contractual arrangement require additional retention timeframes. Other departments in the College such as the Registrar and Financial Aid offices retain student records as required under federal regulations and agencies guidelines. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | The Office of Human Resources establishes compensation within various grade levels at the College based on several factors such as the current and local job market and hiring rate in our area, the demographics of the region including the degree of difficulty and competition in acquiring the particular talent. Annual goal setting, progress goal reporting and written performance evaluations are performed. The achievements noted in these activities are additional factors in determining annual compensation. In addition, a compensation study was performed in 2011 which compared duties, responsibilities, and compensation for all job titles at the College. The study gathered data at the national level as well as industry specific data and job market information for our region of the country. Salaries within the organization were compared against this data. Each year, a pay structure is reviewed and adjusted accordingly. Salary grades are also reviewed and when changes are made, they are first presented to the HR and Compensation Committee of the Board of Trustees and then to the full board for approval. This approval is documented in the Board of Trustee meeting minutes. An employment contract with the College President, including a compensation arrangement that considered comparable institution salary data and campus demographics, was approved by the Board of Trustees in 2009. This contract is up for renewal, extension or termination every four years by the Board of Trustees. Additionally, the compensation of the President is reviewed annually by the Executive Committee of the Board of Trustees. The President has annual goals, is required to report on the progress toward the goals, and is subject to annual performance reviews conducted by the Executive Committee of the Board. Additionally, in 2010 a comprehensive salary study for the President was presented to the Board. All Board approvals are documented in the Board of Trustee meeting minutes. Any Board members with a conflict in the compensation arrangement are recused and prohibited from discussion and voting on that compensation arrangement. |
| F990_P06_S0B_L16b | Form 990, Part VI, Section B, Line 16b | The decision and performance measures used by the Board of Trustees, the President and the Executive Staff at the College align with the core mission of the College as a non-profit educational corporation. Business arrangements are reviewed by these parties before they are entered into to ensure the engagement supports the primary purpose of the tax exemption granted to the College. Revenues and net income generated from these arrangements are reinvested into the operations of the College as to further support ongoing educational activities. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | Abbreviated financial statements are issued annually in the annual report which is distributed to the student body, alumni, faculty and staff electronically. Hard copies of financial statements are available upon request. All other applicable documents are available upon request in hardcopy and electronic (.pdf) form. |
| F990_P11_S00_L05 | Form 990, Part XI, Line 5 | The amount on this line represents unrealized gains and losses on investments held by the College. These are recorded on the College's audited financial statements in accordance with generally accepted accounting principles. |