LONG ISLAND UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- LONG ISLAND UNIVERSITY (EIN 11-1633516)
- Tax period
- 2010-09-01 to 2011-08-31
- Filed
- 2012-07-12
- IRS object ID
- 201241949349301009
- Schema version
- 2010v3.7
- 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 M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-07-12T16:16:32-05:00 | Timestamp |
| Tax Period End Date | 2011-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 Park Avenue | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 101540102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 111633516 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LONG ISLAND UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LONG | NameControl |
| Phone | 5162992535 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 NORTHERN BLVD | AddressLine1 |
| City | BROOKVILLE | City |
| State | NY | State |
| ZIP Code | 115481326 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT ALTHOLZ | Name |
| Title | VP FOR FINANCE, TREASURER | Title |
| Date Signed | 2012-07-30 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KPMG LLP | Name |
| Phone | 2127589700 | Phone |
| 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 | David J Steinberg | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 Northern Blvd | AddressLine1 |
| City | Brookville | City |
| State | NY | State |
| ZIP Code | 11548 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 515036504 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.liu.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1926 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | PROVIDE ACCESS AND EXCELLENCE IN HIGHER EDUCATION TO PEOPLE FROM ALL BACKGROUNDS, WHO SEEK TO EXPAND THEIR KNOWLEDGE AND PREPARE THEMSELVES FOR MEANINGFUL LIFE AND SERVICE TO THEIR COMMUNITIES AND THE WORLD. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 41 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 38 | NbrIndependentVotingMembers |
| Total Nbr Employees | 7358 | TotalNbrEmployees |
| Total Nbr Volunteers | 46 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 18465052 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 25660925 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 424836810 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 441391269 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1974924 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1687727 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 82897 | OtherRevenuePriorYear |
| Other Revenue Current Year | -129202 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 445359683 | TotalRevenuePriorYear |
| Total Revenue Current Year | 468610719 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 77699090 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 89229536 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 251200458 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 259241748 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 282579 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 365010 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 7805678 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 110176852 | OtherExpensePriorYear |
| Other Expenses Current Year | 117288944 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 439358979 | TotalExpensesPriorYear |
| Total Expenses Current Year | 466125238 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6000704 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2485481 | RevenuesLessExpensesCY |
| Total Assets BOY | 507475989 | TotalAssetsBOY |
| Total Assets EOY | 506005126 | TotalAssetsEOY |
| Total Liabilities BOY | 310694514 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 303477199 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 196781475 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 202527927 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | PROVIDE ACCESS AND EXCELLENCE IN HIGHER EDUCATION TO PEOPLE FROM ALL BACKGROUNDS, WHO SEEK TO EXPAND THEIR KNOWLEDGE AND PREPARE THEMSELVES FOR MEANINGFUL LIFE AND SERVICE TO THEIR COMMUNITIES AND THE WORLD. FOR MORE INFORMATION, SEE SCHEDULE O. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 351450341 | Expense |
| Grants | 89229536 | Grants |
| Revenue | 413343305 | Revenue |
| Description | INSTRUCTION, ACADEMIC SUPPORT, AND INSTITUTIONAL SUPPORT - THE UNIVERSITY OFFERS BOTH CREDIT AND NONCREDIT COURSES FOR ACADEMIC AND VOCATIONAL INSTRUCTION. THE UNIVERSITY OFFERS 558 DEGREE AND CERTIFICATE PROGRAMS TO OVER 24,000 STUDENTS, AND EMPLOYS NEARLY 640 FULL-TIME FACULTY OVER SIX CAMPUSES. ACTIVITIES IN THIS CATEGORY ALSO INCLUDE SUPPORT SERVICES SUCH AS LIBRARIES, EDUCATIONAL MEDIA SERVICES, ACADEMIC COMPUTING SUPPORT, ACADEMIC ADMINISTRATION, ETC. THE UNIVERSITY'S LIBRARIES HOUSE APPROXIMATELY 2.6 MILLION PRINT BOOKS AND SHARE OVER 90,000 ONLINE JOURNALS, MORE THAN 200 ONLINE DATABASES AND 50,000 ELECTRONIC BOOKS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 79484829 | Expense |
| Grants | 0 | Grants |
| Revenue | 26937081 | Revenue |
| Description | STUDENT SERVICES AND AUXILIARY ENTERPRISES - REPRESENTS THE ACTIVITIES THAT CONTRIBUTE TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE FORMAL INSTRUCTION PROGRAM. ACTIVITIES IN THIS CATEGORY INCLUDE EXPENSES FOR RESIDENCE HALLS, STUDENT ACTIVITIES, CULTURAL EVENTS, STUDENT NEWSPAPERS, INTRAMURAL ATHLETICS, STUDENT ORGANIZATIONS, INTERCOLLEGIATE ATHLETICS, COUNSELING AND CAREER GUIDANCE, STUDENT AID ADMINISTRATION AND STUDENT HEALTH SERVICE. APPROXIMATELY 2,720 STUDENTS RESIDE IN THE DORMS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5080706 | Expense |
| Grants | 0 | Grants |
| Revenue | 1110883 | Revenue |
| Description | RESEARCH AND PUBLIC SERVICE - REPRESENTS ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE INSTITUTION OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE INSTITUTION. THIS CATEGORY ALSO INCLUDES ACTIVITIES ESTABLISHED PRIMARILY TO PROVIDE NON-INSTRUCTIONAL SERVICES BENEFICIAL TO INDIVIDUALS AND GROUPS EXTERNAL TO THE INSTITUTION. THESE ACTIVITIES INCLUDE COMMUNITY SERVICE PROGRAMS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 436015876 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | true | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 506 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 7358 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 41 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 38 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MARK SCHMOTZER | NamePerson |
| Telephone Number | 5162992535 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 NORTHERN BLVD | AddressLine1 |
| City | BROOKVILLE | City |
| State | NY | State |
| ZIP Code | 11548 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (55 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| BRIAN MADOCKS | |||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | ||
| ANGELO J MANGIA | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| DANIEL B FISHER | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| ROLAND DESILVA | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| STANLEY F BARSHAY | |||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | ||
| MARK A BOYAR | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| JOHN R BRANSFIELD JR | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| DAVID LIPKA | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| MICHAEL DEVINE | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| MICHAEL N EMMERMAN | |||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | ||
| GEORGE L ENGELKE JR | |||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | ||
| BRIAN LAND | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| ALFRED R KAHN | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| JOHN A KANAS | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| ERIC KRASNOFF | |||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | ||
| STEVEN J KUMBLE | |||||||
| SECRETARY | 1.0 | X | 0 | 0 | 0 | ||
| BYRON E LEWIS | |||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | ||
| HOWARD M LORBER | |||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | ||
| MICHAEL MELNICKE | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| THERESA MALL MULLARKEY | |||||||
| CHANCELLOR | 3.0 | X | 0 | 0 | 0 | ||
| SALVATORE NARO | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| RICHARD P NESPOLA | |||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | ||
| LEON LACHMAN | |||||||
| CHANCELLOR | 3.0 | X | 0 | 0 | 0 | ||
| JOEL PRESS | |||||||
| CHANCELLOR | 3.0 | X | 0 | 0 | 0 | ||
| THOMAS L PULLING | |||||||
| SENIOR VICE CHAIR | 4.0 | X | 0 | 0 | 0 | ||
| WILLIAM NUTI | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| EDWARD E SHORIN | |||||||
| CHANCELLOR | 3.0 | X | 0 | 0 | 0 | ||
| HARVEY SIMPSON | |||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | ||
| MARTIN SPERBER | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| DAVID STERLING | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| SHARON STERNHEIM | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| RONALD J SYLVESTRI | |||||||
| CHANCELLOR | 3.0 | X | 0 | 0 | 0 | ||
| EDWARD TRAVAGLIANTI | |||||||
| CHAIRMAN | 5.0 | X | 0 | 0 | 0 | ||
| PETER GIBSON | |||||||
| TRUSTEE (BEGINNING 10/10) | 1.0 | X | 0 | 0 | 0 | ||
| ROSALIND P WALTER | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| DAVID J STEINBERG | |||||||
| PRESIDENT | 40.0 | X | 496653 | 0 | 118621 | X | |
| STEVEN S HORNSTEIN | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| ERIC TVETER | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| RICHARD O ULLMAN | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| MICHAEL GUTNICK | |||||||
| TRUSTEE (BEGINNING 10/10) | 1.0 | X | 0 | 0 | 0 | ||
| LINDA AMPER | |||||||
| TRUSTEE (BEGINNING 10/10) | 1.0 | X | 0 | 0 | 0 | ||
| BASHAR BAROUDI | |||||||
| VP INFORMATION SYSTEMS | 40.0 | 246583 | 0 | 68952 | X | ||
| ROBERT ALTHOLZ | |||||||
| VP FINANCE/TREASURER | 40.0 | 370050 | 0 | 46985 | X | ||
| JEFFREY KANE | |||||||
| VP ACADEMIC AFFAIRS | 40.0 | 324319 | 0 | 51795 | X | ||
| RICHARD GORMAN | |||||||
| VP UNIVERSITY RELATIONS | 40.0 | 364329 | 0 | 45523 | X | ||
| GALE HAYNES | |||||||
| PROVOST BROOKLYN CAMPUS | 40.0 | 331559 | 0 | 37325 | X | ||
| DANIEL RODAS | |||||||
| VICE PRESIDENT PLANNING | 40.0 | 281365 | 0 | 34612 | X | ||
| PAUL FORESTELL | |||||||
| PROVOST C.W. POST CAMPUS | 40.0 | 220782 | 0 | 88542 | X | ||
| ELAINE CROSSON THRU 1210 | |||||||
| VP LEGAL SVC & UNIV COUNSEL | 40.0 | 276787 | 0 | 60941 | X | ||
| LYNETTE PHILLIPS BEG 111 | |||||||
| VP LEGAL SVC & UNIV COUNSEL | 40.0 | 56896 | 0 | 7571 | X | ||
| ANTHONY DEFALCO | |||||||
| PROFESSOR/RETIREE | 40.0 | 324821 | 0 | 20623 | X | ||
| FRANCIS BONSIGNORE | |||||||
| DEAN-COLLEGE OF MGMT | 40.0 | 274133 | 0 | 27343 | X | ||
| ROSE IANNICELLI | |||||||
| DEAN-STUD FIN SVC/RETIREE | 40.0 | 257168 | 0 | 16505 | X | ||
| ANTHONY CUTIE | |||||||
| DIRECTOR-DIV OF PHARMACY | 40.0 | 241977 | 0 | 43583 | X | ||
| HARVEY KUSHNER | |||||||
| PROF-CRIMINAL JUSTICE | 40.0 | 236543 | 0 | 39543 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4303965 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 708464 | TotalOtherCompensation |
| Number Individuals GT100 K | 420 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| PI MECHANICAL CORP | |||||
| 150 W 28TH ST | NEW YORK | NY | 10001 | HVAC CONTRACTOR | 550783 |
| PENINSULA CONTRACTING CORP | |||||
| 85 PARK AVENUE | BAYSHORE | NY | 11706 | GENERAL CONTRACTOR | 671233 |
| AD LUBOW LLC | |||||
| 1 PENN PLAZA 53RD FLOOR | NEW YORK | NY | 10119 | ADVERTISING | 663031 |
| ORACLE AMERICA INC | |||||
| 500 ORACLE PKWY | REDWOOD SHORES | CA | 94065 | ERP CONSULTANT | 625993 |
| GC CONTRACTORS INC | |||||
| 15 E 32ND ST 9TH FL | NEW YORK | NY | 10016 | CONSTRUCTION | 553362 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 44 | NumberOfContractorsGT100K |
| Fundraising Events | 619626 | FundraisingEvents |
| Government Grants | 15670098 | GovernmentGrants |
| All Other Contributions | 9371201 | AllOtherContributions |
| Noncash Contributions | 356324 | NoncashContributions |
| Total Contributions | 25660925 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 900099 | 404755692 | 404755692 |
| AUXILIARY ENTERPRISE | 900099 | 26937081 | 26937081 |
| CONCERT THEATRE | 900099 | 3797621 | 3797621 |
| COMMISSIONS | 900099 | 872097 | 872097 |
| UNIVERSITY FEES | 900099 | 561426 | 561426 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4467352 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4467352 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 441391269 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1290162 | TotalRevenueColumn |
| Exclusion | $1,290,162 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 325250 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 286419 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 38831 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38831 | TotalRevenueColumn |
| Exclusion | $38,831 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 46010558 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 45612993 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 397565 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 397565 | TotalRevenueColumn |
| Exclusion | $397,565 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 358340 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 619626 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 526373 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -168033 | TotalRevenueColumn |
| Exclusion | -$168,033 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 468610719 | TotalRevenueColumn |
| Related Or Exempt Function Income | 441391269 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,558,525 | 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 | 89229536 | Total |
| Program Services | 89229536 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2914193 | Total |
| Program Services | 1171944 | ProgramServices |
| Management And General | 1274922 | ManagementAndGeneral |
| Fundraising | 467327 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 481377 | Total |
| Program Services | 481377 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185650408 | Total |
| Program Services | 172074771 | ProgramServices |
| Management And General | 9876951 | ManagementAndGeneral |
| Fundraising | 3698686 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12555205 | Total |
| Program Services | 11551201 | ProgramServices |
| Management And General | 730544 | ManagementAndGeneral |
| Fundraising | 273460 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44068530 | Total |
| Program Services | 40544496 | ProgramServices |
| Management And General | 2564196 | ManagementAndGeneral |
| Fundraising | 959838 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13572035 | Total |
| Program Services | 12486718 | ProgramServices |
| Management And General | 789710 | ManagementAndGeneral |
| Fundraising | 295607 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105930 | Total |
| Management And General | 105930 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 485751 | Total |
| Management And General | 485751 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 792155 | Total |
| Management And General | 792155 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185607 | Total |
| Management And General | 185607 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 365010 | Total |
| Fundraising | 365010 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 237583 | Total |
| Management And General | 237583 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6214879 | Total |
| Program Services | 5717688 | ProgramServices |
| Management And General | 372893 | ManagementAndGeneral |
| Fundraising | 124298 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4511413 | Total |
| Program Services | 4150500 | ProgramServices |
| Management And General | 270685 | ManagementAndGeneral |
| Fundraising | 90228 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8592461 | Total |
| Program Services | 7905064 | ProgramServices |
| Management And General | 515548 | ManagementAndGeneral |
| Fundraising | 171849 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6774422 | Total |
| Program Services | 6232469 | ProgramServices |
| Management And General | 406465 | ManagementAndGeneral |
| Fundraising | 135488 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25991266 | Total |
| Program Services | 23911965 | ProgramServices |
| Management And General | 1559476 | ManagementAndGeneral |
| Fundraising | 519825 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4558002 | Total |
| Program Services | 4512216 | ProgramServices |
| Management And General | 40110 | ManagementAndGeneral |
| Fundraising | 5676 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1269838 | Total |
| Program Services | 1214826 | ProgramServices |
| Management And General | 41259 | ManagementAndGeneral |
| Fundraising | 13753 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7608764 | Total |
| Program Services | 7000063 | ProgramServices |
| Management And General | 456526 | ManagementAndGeneral |
| Fundraising | 152175 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16021177 | Total |
| Program Services | 14739483 | ProgramServices |
| Management And General | 961270 | ManagementAndGeneral |
| Fundraising | 320424 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 703954 | Total |
| Program Services | 647638 | ProgramServices |
| Management And General | 42237 | ManagementAndGeneral |
| Fundraising | 14079 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SERVICES | 11422448 | 11422448 | ||
| BAD DEBTS | 7250492 | 7250492 | ||
| TUITION REMISSION | 3638365 | 3638365 | ||
| STUDENT FINANCIAL AID | 1026674 | 1026674 | ||
| OTHER EXPENSES | 9897763 | 9105942 | 593866 | 197955 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 466125238 | Total |
| Program Services | 436015876 | ProgramServices |
| Management And General | 22303684 | ManagementAndGeneral |
| Fundraising | 7805678 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67129051 | BOY |
| EOY | 55205724 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2648685 | BOY |
| EOY | 5683296 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17859608 | BOY |
| EOY | 24502337 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15277504 | BOY |
| EOY | 14676789 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3216114 | BOY |
| EOY | 2281704 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 527277759 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 198799995 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 318968182 | BOY |
| EOY | 328477764 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47598708 | BOY |
| EOY | 39290750 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17676335 | BOY |
| EOY | 22760736 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17101802 | BOY |
| EOY | 13126026 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 507475989 | BOY |
| EOY | 506005126 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18152373 | BOY |
| EOY | 18539331 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12708185 | BOY |
| EOY | 12819376 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58387654 | BOY |
| EOY | 60091454 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 138861622 | BOY |
| EOY | 130593116 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2811922 | BOY |
| EOY | 1401817 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79772758 | BOY |
| EOY | 80032105 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 310694514 | BOY |
| EOY | 303477199 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 152792298 | BOY |
| EOY | 149192094 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2456144 | BOY |
| EOY | 7673189 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41533033 | BOY |
| EOY | 45662644 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 196781475 | BOY |
| EOY | 202527927 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 507475989 | BOY |
| EOY | 506005126 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2485481 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3260971 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | 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) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | true | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $265,395 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 265395 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LOBBYING EXPENSES | Identifier |
| Return Reference | FORM 990, SCHEDULE C, PART II-B, LINE 1G | ReturnReference |
| Explanation | GIVEN THE IMPACT OF HIGHER EDUCATION FUNDING AND REGULATIONS, IT IS VITAL FOR LONG ISLAND UNIVERSITY TO BE WELL-REPRESENTED IN WASHINGTON, DC, OUR STATE CAPITAL IN ALBANY, NY AND IN CITY HALL. AS PART OF A LARGER COMMUNITY OF HIGHER EDUCATION INSTITUTIONS, LONG ISLAND UNIVERSITY ACTIVELY ADVOCATES FOR INCREASED STUDENT FINANCIAL AID, RESEARCH FUNDING, ECONOMIC DEVELOPMENT AID AND FOR SPECIFIC PROGRAMS THAT ASSIST OUR NEIGHBORING COMMUNITIES. WE OCCASIONALLY LOOK TO GOVERNMENT RELATIONS CONSULTANTS TO ASSIST IN FRAMING STRATEGIC PLANS TO ACCOMPLISH OUR ADVOCACY GOALS, AS WELL AS ENGAGING THE EXPERTISE OF OUR INTERNAL STAKEHOLDERS - OUR WORLD-CLASS FACULTY, PROFESSIONAL ADMINISTRATORS, UNIVERSITY OFFICERS AND THE LEADERSHIP OF OUR TRUSTEES. LONG ISLAND UNIVERSITY'S GOVERNMENT RELATIONS EFFORTS HAVE HELPED SECURE MILLIONS OF DOLLARS IN PUBLIC SUPPORT FOR A WIDE RANGE OF UNIVERSITY PROGRAMS INCLUDING THE LIU HOMELAND SECURITY MANAGEMENT INSTITUTE, THE LIU BROOKLYN BRENDA PILLORS ASTHMA EDUCATION PROGRAM, THE LIU POST GROW YOUR OWN TEACHER PROGRAM, THE TILLES CENTER FOR THE PERFORMING ARTS, THE LIU BROOKLYN WRAC WELLNESS, RECREATION AND ATHLETIC CENTER AND MANY OTHER ENDEAVORS THAT SERVE OUR COMMUNITY, OUR STUDENTS, OUR STATE AND OUR NATION. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 77008980 | BeginningOfYearBalance |
| Contributions | 3697897 | Contributions |
| Investment Earnings Or Losses | 3751862 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1354349 | GrantsOrScholarships |
| Other Expenditures | 2001177 | OtherExpenditures |
| End Of Year Balance | 81103213 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 75358131 | BeginningOfYearBalance |
| Contributions | 2391041 | Contributions |
| Investment Earnings Or Losses | 2680122 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 863696 | GrantsOrScholarships |
| Other Expenditures | 2556618 | OtherExpenditures |
| End Of Year Balance | 77008980 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 87372884 | BeginningOfYearBalance |
| Contributions | 4864521 | Contributions |
| Investment Earnings Or Losses | -12176311 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1170102 | GrantsOrScholarships |
| Other Expenditures | 3532861 | OtherExpenditures |
| End Of Year Balance | 75358131 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.43700 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.56300 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16099419 | OtherCostOrOtherBasis |
| Book Value | 16099419 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 434348941 | OtherCostOrOtherBasis |
| Depreciation | 163638482 | Depreciation |
| Book Value | 270710459 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 64185910 | OtherCostOrOtherBasis |
| Depreciation | 35161513 | Depreciation |
| Book Value | 29024397 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12643489 | OtherCostOrOtherBasis |
| Book Value | 12643489 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 328477764 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (7 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| POST RETIREMENT BENEFITS | $44,220,792 |
| EARLY RETIREMENT PLAN | $5,905,864 |
| FUNDS HELD FOR OTHERS | $33,167 |
| ANNUITY PAYABLE | $1,335,813 |
| EST SELF-INSURANCE LIABILITY | $4,396,423 |
| ASSET RETIREMENT OBLIGATION | $6,142,000 |
| INTEREST RATE SWAP LIABILITY | $17,998,046 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 80032105 | TotalOfAmounts |
| Total Revenue | 468610719 | TotalRevenue |
| Total Expenses | 466125238 | TotalExpenses |
| Excess Or Deficit For Year | 2485481 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2622794 | NetUnrealizedGLOnInvestments |
| Other | $638,177 | OtherAmount |
| Total Adjustments | 3260971 | TotalAdjustments |
| Excess Or Deficit Per FS | 5746452 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 383217363 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2622794 | NetUnrealizedGainsInvestments |
| Other Revenues | 638177 | OtherRevenues |
| Revenue Not Rptd F990 | 3260971 | RevenueNotRptdF990 |
| Revenue Subtotal | 379956392 | RevenueSubtotal |
| Investment Expenses Not Included | 237583 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 88416744 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 88654327 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 468610719 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 377470911 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 812792 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 812792 | ExpensesNotRptdF990 |
| Expenses Subtotal | 376658119 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 237583 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 89229536 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 89467119 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 466125238 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| COLLECTION OF ART AND HISTORICAL TREASURES | FORM 990, SCHEDULE D, PART III | LONG ISLAND UNIVERSITY HAS COLLECTIONS OF ART, HISTORICAL TREASURES, AND OTHER SIMILAR ASSETS HELD FOR RESEARCH, EDUCATION, AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE WHICH ARE MAINTAINED UNDER CURATORIAL CARE. IN ACCORDANCE WITH ASC 958, THE UNIVERSITY DOES NOT CAPITALIZE ITS COLLECTIONS. |
| INTENDED USE OF ENDOWMENT FUNDS | FORM 990, SCHEDULE D, PART V | ENDOWMENT FUND REVENUE IS USED FOR GENERAL OPERATING SUPPORT UNLESS IT IS RESTRICTED BY THE DONOR FOR A SPECIFIC PURPOSE. |
| ASC 740 FOOTNOTE | FORM 990, SCHEDULE D, PART X | THE UNIVERSITY EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS FINANCIAL STATEMENTS USING A THRESHOLD OF MORE LIKELY THAN NOT. AS OF AUGUST 31, 2011, THE UNIVERSITY HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS. |
| RECONCILIATION OF CHANGE IN NET ASSETS | FORM 990, SCHEDULE D, PART XI, LINE 8 | POSTRETIREMENT CHANGES ................................$ 175,327 CHANGE IN FMV OF INTEREST RATE SWAP AGREEMENTS ........$ 541,797 LOSS ON REFUNDING OF DEBT..............................$ (518,695) CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS ..........$ 374,027 PROVISION FOR UNCOLLECTABLE CONTRIBUTIONS AND GRANTS...$ 20,000 OTHER NON-OPERATING CHANGE IN NET ASSETS ..............$ 45,721 ------------ $ 638,177 |
| RECONCILIATION OF REVENUE PER AUDITED FINANCIALS WITH REVENUE PER RETURN | FORM 990, SCHEDULE D, PART XII | LINE 2D POSTRETIREMENT CHANGES ...............................$ 175,327 CHANGE IN FMV OF INTEREST RATE SWAP AGREEMENTS .......$ 541,797 LOSS ON REFUNDING OF DEBT ............................$ (518,695) CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS .........$ 374,027 PROVISION FOR UNCOLLECTABLE CONTRIBUTIONS AND GRANTS .$ 20,000 OTHER NON-OPERATING CHANGE IN NET ASSETS .............$ 45,721 ------------- $ 638,177 LINE 4B SCHOLARSHIPS .........................................$ 89,229,536 RECLASS OF SPECIAL EVENT EXPENSES ....................$ (526,373) RECLASS OF RENTAL EXPENSES ...........................$ (286,419) ------------- $ 88,416,744 |
| RECONCILIATION OF EXPENSES PER AUDITED FINANCIALS WITH EXPENSES PER RETURN | FORM 990, SCHEDULE D, PART XIII | LINE 2D RECLASS OF SPECIAL EVENT EXPENSES ....................$ 526,373 RECLASS OF RENTAL EXPENSES ...........................$ 286,419 ----------- $ 812,792 LINE 4B SCHOLARSHIPS .........................................$89,229,536 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DISCRIMINATION POLICY | FORM 990, SCHEDULE E, LINE 3 | THE FOLLOWING POLICY APPEARS ON LONG ISLAND UNIVERSITY'S WEBSITE AND UNIVERSITY BULLETINS: LONG ISLAND UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF SEX, SEXUAL ORIENTATION, RACE, COLOR, CREED, NATIONAL ORIGIN, RELIGION, AGE, HANDICAP OR POLITICAL BELIEF, IN ANY OF ITS EDUCATIONAL PROGRAMS AND ACTIVITIES INCLUDING EMPLOYMENT PRACTICES AND ITS POLICIES RELATING TO RECRUITMENT AND ADMISSION FOR STUDENTS. ADDITIONALLY, LONG ISLAND UNIVERSITY TAKES AFFIRMATIVE ACTION TO RECRUIT APPLICANTS FROM AMONG WOMEN, MEMBERS OF PROTECTED MINORITY GROUPS, HANDICAPPED INDIVIDUALS AND VETERANS, INCLUDING DISABLED VETERANS AND VIETNAM-ERA VETERANS. |
| GOVERNMENT GRANTS | FORM 990, SCHEDULE E, LINE 6A | THE UNIVERSITY RECEIVES GRANTS FORM THE FOLLOWING GOVERNMENT AGENCIES TO SUPPORT ITS OPERATIONS: FEDERAL AID: UNITED STATES DEPARTMENT OF EDUCATION UNITED STATES DEPARTMENT OF HEALTH AND HUMAN SERVICES NATIONAL SCIENCE FOUNDATION NATIONAL INSTITUTES OF HEALTH DEPARTMENT OF DEFENSE DEPARTMENT OF HOMELAND SECURITY NATIONAL TRANSPORTATION SECURITY CENTER CENTER FOR DISEASE CONTROL AND PREVENTION CORPORATION FOR NATIONAL AND COMMUNITY SERVICE HEALTH RESOURCES AND SERVICES ADMINISTRATION DEPARTMENT OF JUSTICE DEPARTMENT OF THE INTERIOR NATIONAL PARK SERVICE NATIONAL ENDOWMENT FOR THE HUMANITIES NEW YORK STATE AID: NEW YORK STATE HIGHER EDUCATION SERVICES CORPORATION |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Central America and the Caribbean | 1 | 25 | Program Services | ACADEMIC INSTRUCTION | 579297 |
| South Asia | 1 | 13 | Program Services | ACADEMIC INSTRUCTION | 217190 |
| East Asia and the Pacific | 2 | 16 | Program Services | ACADEMIC INSTRUCTION | 601150 |
| Central America and the Caribbean | 0 | 0 | Investments | 17898000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 4 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 54 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 4 | TotalNumberOfOffices |
| Total Number Of Employees | 54 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 19295637 | SubtotalAmountSpent |
| Total Amount Spent | 19295637 | TotalAmountSpent |
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD USED TO ACCOUNT FOR EXPENDITURES | Identifier |
| Return Reference | FORM 990, SCHEDULE F, PART I | ReturnReference |
| Explanation | EXPENDITURES ON PART I, LINE 3, COLUMN F ARE REPORTED ON AN ACCRUAL BASIS. | Explanation |
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 | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (4 entries)
| Name Of IndividualNameOfIndividual | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|
| RUFFALO CODY SEE PART IV | TELEMARKET | false | 236664 | 269790 | -33126 |
| BRAKELEY BRISCOE INC | CONSULTANT | false | 0 | 70675 | -70675 |
| DAVID G CLOUGH | CONSULTANT | false | 0 | 17250 | -17250 |
| PAUL DINTER | CONSULTANT | false | 0 | 7295 | -7295 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 236664 | TotalGrossReceipts |
| Total Retained By Contractors | 365010 | TotalRetainedByContractors |
| Total Net To Organization | -128346 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Tilles Gala | NameOfEvent1 |
| Gross Receipts Event1 | 531154 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 403931 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 127223 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 87894 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 105160 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 76000 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 54999 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Swing for Kids | NameOfEvent2 |
| Gross Receipts Event2 | 233115 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 118400 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 114715 | GrossRevenueEvent2 |
| Non Cash Prizes Event2 | 9530 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 78799 | RentFacilityCostsEvent2 |
| Other Direct Expenses Event2 | 14845 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 3 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 213697 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 97295 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 116402 | GrossRevenueOtherEvents |
| Non Cash Prizes Other Events | 2500 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 20105 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 43112 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 23827 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 9602 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 977966 | GrossReceiptsTotal |
| Charitable Contributions Total | 619626 | CharitableContributionsTotal |
| Gross Revenue Total Events | 358340 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 12030 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 186798 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 148272 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 99827 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 79446 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 526373 | DirectExpenseSummaryEvents |
| Net Income Summary | -168033 | NetIncomeSummary |
Form990 Schedule G Part IV Form990ScheduleGPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FUNDRAISERS | Identifier |
| Return Reference | FORM 990, SCHEDULE G, PART I, LINE 2B | ReturnReference |
| Explanation | IN ADDITION TO GENERATING GIFT REVENUE, THE PROFESSIONAL SERVICES PROVIDED BY RUFFALO CODY ENABLE THE UNIVERSITY TO ACTIVELY MAINTAIN CONTACT WITH OVER 180,000 LIVING ALUMNI. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 12584 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 89229536 | AmountOfNonCashAssistance |
| Method Of Valuation | BOOK | MethodOfValuation |
| Description Of Non Cash Assistance | TUITION CREDIT | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITORING THE USE OF GRANT FUNDS | Identifier |
| Return Reference | FORM 990, SCHEDULE I, PART I, LINE 2 | ReturnReference |
| Explanation | LONG ISLAND UNIVERSITY OFFERS A NUMBER OF INSTITUTIONAL GRANTS AND SCHOLARSHIPS TO QUALIFYING STUDENTS ENROLLED IN BOTH DEGREE AND NON-DEGREE PROGRAMS. EACH GRANT OR OTHER FORMS OF ASSISTANCE HAVE SPECIFIC AWARDING CRITERIA AND INDIVIDUAL RULES FOR SELECTION BASED ON MERIT, NEED, AND/OR PERFORMANCE. THESE REQUIREMENTS ARE PUBLISHED EACH YEAR AND ARE ADMINISTERED BY THE CAMPUS FINANCIAL AID OFFICES WHICH ARE ALSO RESPONSIBLE FOR AWARDING AND POSTING TRANSACTIONS TO INDIVIDUAL STUDENT ACCOUNTS. THE DISBURSAL OF FUNDS IS SEGREGATED AND PERFORMED BY THE CENTRAL FINANCIAL AID OFFICE OF THE UNIVERSITY. IN ADDITION, INTERNAL CONTROLS ARE IN PLACE TO ENSURE AMOUNTS ARE AWARDED ACCURATELY TO STUDENTS WHO PROPERLY MEET AND MAINTAIN ELIGIBILITY CRITERIA. ACCOUNTING TRANSACTIONS ARE ROUTINELY RECONCILED THROUGH THE UNIVERSITY'S ERP SYSTEM AND STUDENT ACCOUNTS ARE CONSISTENTLY MONITORED BY ADMINISTRATIVE STAFF. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (14 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 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID J STEINBERG | ||||||||||||
| 485504 | 0 | 0 | 0 | 11149 | 0 | 26686 | 0 | 91935 | 0 | 615274 | 0 | 0 |
| BASHAR BAROUDI | ||||||||||||
| 244583 | 0 | 0 | 0 | 2000 | 0 | 26505 | 0 | 42447 | 0 | 315535 | 0 | 0 |
| ROBERT ALTHOLZ | ||||||||||||
| 363135 | 0 | 0 | 0 | 6915 | 0 | 26686 | 0 | 20299 | 0 | 417035 | 0 | 0 |
| JEFFREY KANE | ||||||||||||
| 321744 | 0 | 0 | 0 | 2575 | 0 | 26686 | 0 | 25109 | 0 | 376114 | 0 | 0 |
| RICHARD GORMAN | ||||||||||||
| 349822 | 0 | 0 | 0 | 14507 | 0 | 26686 | 0 | 18837 | 0 | 409852 | 0 | 0 |
| GALE HAYNES | ||||||||||||
| 328270 | 0 | 0 | 0 | 3289 | 0 | 26686 | 0 | 10639 | 0 | 368884 | 0 | 0 |
| DANIEL RODAS | ||||||||||||
| 275365 | 0 | 0 | 0 | 6000 | 0 | 22314 | 0 | 12298 | 0 | 315977 | 0 | 0 |
| PAUL FORESTELL | ||||||||||||
| 214262 | 0 | 0 | 0 | 6520 | 0 | 22755 | 0 | 65787 | 0 | 309324 | 0 | 0 |
| ELAINE CROSSON THRU 1210 | ||||||||||||
| 271467 | 0 | 0 | 0 | 5320 | 0 | 26686 | 0 | 34255 | 0 | 337728 | 0 | 0 |
| ANTHONY DEFALCO | ||||||||||||
| 20275 | 0 | 0 | 0 | 304546 | 0 | 2236 | 0 | 18387 | 0 | 345444 | 0 | 0 |
| FRANCIS BONSIGNORE | ||||||||||||
| 274133 | 0 | 0 | 0 | 0 | 0 | 26686 | 0 | 657 | 0 | 301476 | 0 | 0 |
| ROSE IANNICELLI | ||||||||||||
| 81668 | 0 | 0 | 0 | 175500 | 0 | 8404 | 0 | 8101 | 0 | 273673 | 0 | 0 |
| ANTHONY CUTIE | ||||||||||||
| 239662 | 0 | 0 | 0 | 2315 | 0 | 17157 | 0 | 26426 | 0 | 285560 | 0 | 0 |
| HARVEY KUSHNER | ||||||||||||
| 234915 | 0 | 0 | 0 | 1628 | 0 | 13068 | 0 | 26475 | 0 | 276086 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990, SCHEDULE J, PART I, LINE 1A AND PART II | Identifier |
| Return Reference | COMPENSATION DETAILS AND NON-TAXABLE BENEFITS | ReturnReference |
| Explanation | SCHEDULE J, PART II, COLUMN D, INCLUDES NON-TAXABLE HOUSING BENEFIT OF $61,541 AND $50,000 FOR DR. STEINBERG AND PAUL FORESTELL, RESPECTIVELY. BOTH ARE REQUIRED TO RESIDE ON THE UNIVERSITY'S CAMPUS AS A CONDITION OF THEIR EMPLOYMENT. FORM 990, SCHEDULE J, PART II, COLUMN B (III) THE FOLLOWING HIGHEST PAID EMPLOYEES' COMPENSATION INCLUDE AMOUNTS PAID AS PART A FACULTY CONTRACT BUYOUT AND RETIREMENT INCENTIVE PROGRAM. ANTHONY DEFALCO - $304,546 ROSE IANNICELLI - $175,500 | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| DORM AUTHORITY STATE OF NEW YORK (2003B series) | |||||||
| 146000293 | 649901UX6 | 2003-08-21 | 23544268 | FINANCED BROOKLYN CAMPUS FACILITIE | false | false | false |
| DORM AUTHORITY STATE OF NEW YORK (2003A series) | |||||||
| 146000293 | 649901D77 | 2003-01-23 | 16298647 | RENOVATIONS & IMPROVEMENTS TO FACI | false | false | false |
| DORM AUTHORITY STATE OF NEW YORK (2006A-1 series) | |||||||
| 146000293 | 649905PQ3 | 2010-09-23 | 30000000 | CONSTRUCTION & RENOVATION OF FACIL | false | false | false |
| DORM AUTHORITY STATE OF NEW YORK (2006A-2 series) | |||||||
| 146000293 | 649905PQ3 | 2009-09-01 | 35395000 | CONSTRUCTION & RENOVATION OF FACIL | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3785000 | 0 | 24301386 | 2032730 | 0 | 0 | 284050 | 621028 | 0 | 21114179 | 249399 | 0 | 2005 | false | false | true | true |
| 2025000 | 0 | 17092368 | 1285831 | 0 | 0 | 301262 | 460059 | 0 | 14852166 | 193050 | 0 | 2007 | false | false | true | true |
| 0 | 0 | 30000000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30000000 | 0 | 2010 | true | false | true | true |
| 665000 | 0 | 35395000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35395000 | 0 | 2010 | true | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| false | false | false | false | true | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | true | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | true | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | true | 0.00000 | 0.00000 | 0.00000 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| false | false | false | false | false | false |
| false | false | false | false | true | false |
| false | true | false | false | true | false |
| false | true | false | false | true | false |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE K | Identifier |
| Return Reference | SCHEDULE K, PARTS I-IV | ReturnReference |
| Explanation | SEE SCHEDULE O FOR SCHEDULE K DETAIL. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | - | NameOfInterestedPerson |
| Relationship With Organization | - | RelationshipWithOrganization |
| Amount Of Grant | 33018 | AmountOfGrant |
| Type Of Assistance | SEE SCH L, PT V | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV (5 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| PIA STEVENS HAYNES | |||
| FAMILY MEMBER - SEE PT V | 102005 | EMPLOYEE OF UNIVERSITY | false |
| OKARITA STEVENS | |||
| FAMILY MEMBER - SEE PT V | 114120 | EMPLOYEE OF UNIVERSITY | false |
| BRAD COHEN | |||
| FAMILY MEMBER - SEE PT V | 164976 | EMPLOYEE OF UNIVERSITY | false |
| NANCY MARKSBURY | |||
| FAMILY MEMBER - SEE PT V | 100276 | EMPLOYEE OF UNIVERSITY | false |
| RUFFALO CODY | |||
| BOARD MEMBER - SEE PT V | 269790 | PROVIDED SERVICES TO LIU | false |
Form990 Schedule L Part V Form990ScheduleLPartV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| GRANTS AND ASSISTANCE BENEFITING INTERESTED PERSONS | FORM 990, SCHEDULE L, PART III | ALUMNI AND MERIT SCHOLARSHIPS AWARDED ON AN OBJECTIVE AND NON-DISCRIMINATORY BASIS. |
| BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS | FORM 990, SCHEDULE L, PART IV | GALE STEVENS HAYNES GALE STEVENS HAYNES IS AN OFFICER OF THE UNIVERSITY AND HAS THREE FAMILY MEMBERS WHO ARE EMPLOYEES OF THE UNIVERSITY: *PIA STEVENS HAYNES - DAUGHTER *OKARITA STEVENS - SISTER-IN-LAW *BRAD COHEN - SON-IN-LAW PAUL FORESTELL PAUL FORESTELL IS AN OFFICER OF THE UNIVERSITY AND HIS SPOUSE, NANCY MARKSBURY, IS AN EMPLOYEE OF THE UNIVERSITY. BRIAN MADOCKS BRIAN MADOCKS IS A TRUSTEE OF THE UNIVERSITY AND A DIRECTOR OF RUFFALO CODY, AN ORGANIZATION WHICH DOES BUSINESS WITH THE UNIVERSITY. |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 11 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 356324 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION AND VISION | FORM 990, PART III, LINE 1 | VISION: TOWARD A MORE PEACEFUL AND HUMANE WORLD LONG ISLAND UNIVERSITY ENVISIONS A LEARNING COMMUNITY DEDICATED TO EMPOWERING AND TRANSFORMING THE LIVES OF ITS STUDENTS TO EFFECT A MORE PEACEFUL AND HUMANE WORLD THAT RESPECTS DIFFERENCES AND CHERISHES CULTURAL DIVERSITY; IMPROVING HEALTH AND THE OVERALL QUALITY OF LIFE; ADVANCING SOCIAL JUSTICE AND PROTECTING HUMAN RIGHTS; REDUCING POVERTY; CELEBRATING CREATIVITY AND ARTISTIC EXPRESSION; REWARDING INNOVATION AND ENTREPRENEURSHIP; HONORING EDUCATION AND PUBLIC SERVICE; AND MANAGING NATURAL RESOURCES IN AN ENVIRONMENTALLY-RESPONSIBLE, SUSTAINABLE FASHION. IT ASPIRES TO MOVE TOWARD THIS VISION THROUGH AN INSTITUTIONAL CULTURE THAT IS OPEN TO ALL, CHERISHING AND NURTURING THE EXPANSION OF KNOWLEDGE; INTELLECTUAL INQUIRY AND CRITICAL THOUGHT; ARTISTIC AND CREATIVE EXPRESSION; TEACHING AND LEARNING; AND COMMUNITY SERVICE AS ITS CORE VALUES. THIS VISION SUSTAINS THE UNIVERSITY AND PROVIDES THE FOUNDATION UPON WHICH ITS MISSION RESTS. MISSION: ACCESS AND EXCELLENCE THE MISSION OF LONG ISLAND UNIVERSITY IS TO PROVIDE ACCESS AND EXCELLENCE IN PRIVATE HIGHER EDUCATION TO PEOPLE FROM ALL BACKGROUNDS, WHO SEEK TO EXPAND THEIR KNOWLEDGE AND PREPARE THEMSELVES FOR MEANINGFUL, EDUCATED LIVES AND FOR SERVICE TO THEIR COMMUNITIES AND THE WORLD. BOARD REVIEW OF FORM 990 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM (KPMG) BASED ON INFORMATION PROVIDED BY THE BUSINESS AND FINANCE DIVISION OF THE UNIVERSITY. THE AUDIT COMMITTEE THEN REVIEWS THE FORM 990 IN A MEETING ATTENDED BY COMMITTEE MEMBERS, MANAGEMENT AND THE INDEPENDENT ACCOUNTANTS. A COPY OF THE FINAL FORM 990 IS PROVIDED TO THE EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN WITH THE IRS. THE AUDIT COMMITTEE CHAIR, CHIEF FINANCIAL OFFICER AND THE INDEPENDENT ACCOUNTANTS ARE AVAILABLE TO THE BOARD FOR QUESTIONS. |
| BUSINESS AND FAMILY RELATIONSHIP | FORM 990, PART VI, SECTION A, LINE 2 | ERIC KRASNOFF (TRUSTEE) AND EDWARD TRAVAGLIANTI (TRUSTEE) HAVE A BUSINESS RELATIONSHIP. MR. TRAVAGLIANTI IS A MEMBER OF THE BOARD OF DIRECTORS OF PALL CORPORATION, A NYSE TRADED COMPANY. MR. KRASNOFF IS CHAIRMAN & CEO OF PALL CORPORATION. STEVEN KUMBLE (TRUSTEE) AND DAVID LIPKA (TRUSTEE) HAVE A BUSINESS RELATIONSHIP. MR. KUMBLE IS CHAIRMAN OF CORINTHIAN CAPITAL GROUP, LLC. MR. LIPKA IS THE EXECUTIVE DIRECTOR OF CORINTHIAN CAPITAL GROUP, LLC. |
| CONFLICT OF INTEREST POLICY | FORM 990, PART VI, SECTION B, LINE 12C | ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ANNUALLY COMPLETE A QUESTIONNAIRE TO DISCLOSE POTENTIAL CONFLICTS. THE QUESTIONNAIRE INCLUDES KEY DEFINITIONS AND EXAMPLES. IN ADDITION, THE CONFLICT OF INTEREST POLICY IS ANNUALLY REVIEWED WITH OFFICERS, DIRECTORS AND KEY EMPLOYEES AND THE SAME ARE REGULARLY REMINDED TO DISCLOSE ANY CHANGES. FOR ALL ACTUAL OR POTENTIAL CONFLICTS THAT ARE IDENTIFIED BY MANAGEMENT, THE AFFECTED PERSON IS ASKED TO RECUSE HIMSELF OR HERSELF FROM ALL DELIBERATIONS, TRANSACTIONS, NEGOTIATIONS AND OTHER MATTERS RELATING TO ANY SUCH INTEREST. NEW OFFICERS, DIRECTORS AND KEY EMPLOYEES UNDERGO AN ORIENTATION WHICH INCLUDES A REVIEW OF THE CONFLICT OF INTEREST POLICY. |
| COMPENSATION REVIEW PROCESS | FORM 990, PART VI, SECTION B, LINE 15A AND 15B | COMPENSATION FOR THE UNIVERSITY PRESIDENT AND OTHER UNIVERSITY OFFICERS IS ESTABLISHED BY A PROCESS THAT INCLUDES THE USE OF COMPARABILITY DATA, REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES, AND CONTEMPORANEOUS RECORDKEEPING OF DELIBERATIONS AND DECISIONS. THE COMPENSATION COMMITTEE CONSISTS OF THE CHAIR OF THE BOARD OF TRUSTEES, THE SENIOR VICE CHAIR, THE SECRETARY AND FIVE (5) UNIVERSITY CHANCELLORS. THE PRESIDENT DOES NOT PARTICIPATE IN THE SETTING/REVIEW OF HIS COMPENSATION AND ALL DECISIONS ARE MADE BY INDEPENDENT PERSONS WITHOUT A CONFLICT OF INTEREST WITH RESPECT TO COMPENSATION ARRANGEMENTS. |
| PUBLIC DISCLOSURE OF GOVERNING DOCUMENTS | FORM 990, PART VI, SECTION C, LINE 19 | LONG ISLAND UNIVERSITY PUBLISHES AN ANNUAL REPORT TO THE COMMUNITY WHICH INCLUDES FINANCIAL STATEMENT HIGHLIGHTS. THIS REPORT IS AVAILABLE ON THE UNIVERSITY'S WEB SITE. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE GENERAL PUBLIC ON REQUEST. THE 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. |
| OTHER CHANGES IN NET ASSETS | FORM 990, PART XI, LINE 5 | UNREALIZED GAIN ON INVESTMENTS: $ 2,622,794 POSTRETIREMENT CHANGES: $ 175,327 CHANGE IN FMV OF INTEREST RATE SWAP AGREEMENTS: $ 541,797 LOSS ON REFUNDING OF DEBT: $ (518,695) CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS: $ 374,027 PROVISION FOR UNCOLLECTABLE CONTRIBUTION AND GRANTS $ 20,000 OTHER NON-OPERATING CHANGE IN NET ASSETS $ 45,721 ------------- $ 3,260,971 ============= |
| SCHEDULE K | SCHEDULE K, PARTS I-IV | BOND ISSUE A - DORM AUTHORITY STATE OF NEW YORK (2003B series) *THE DIFFERENCE BETWEEN PART I, COLUMN E AND PART II, QUESTION 3 IS DUE TO INTEREST EARNED FROM THE CONSTRUCTION FUND. *PART II, QUESTION 11: AMOUNT LISTED INCLUDES STATE AND ISSUER FEES, TITLE INSURANCE AND SURVEY COSTS. BOND ISSUE B - DORM AUTHORITY STATE OF NEW YORK (2003A series) *THE DIFFERENCE BETWEEN PART I, COLUMN E AND PART II, QUESTION 3 IS DUE TO INTEREST EARNED FROM THE CONSTRUCTION FUND. *PART II, QUESTION 11: AMOUNT LISTED INCLUDES STATE AND ISSUER FEES, TITLE INSURANCE AND SURVEY COSTS. BOND ISSUE C - DORM AUTHORITY STATE OF NEW YORK (2006A-1 series) *PART I, QUESTION F: BONDS REFUNDED - THE BORROWER'S INSURED REVENUE BONDS, SUBSERIES 2006A-1 ISSUED NOVEMBER 9, 2006. *PART III, LINE 2: THE BORROWER HAS ENTERED INTO VARIOUS ARRANGEMENTS WHICH ARE RELATED TO ITS EXEMPT PURPOSES AND WHICH SATISFY THE 50-DAY RULE REQUIREMENTS OF SECTION 1.141-3(D)(3)(II) OF THE TREASURY REGULATIONS. BOND ISSUE D - DORM AUTHORITY STATE OF NEW YORK (2006A-2 series) *PART I, QUESTION F: BONDS REFUNDED - THE BORROWER'S INSURED REVENUE BONDS, SUBSERIES 2006A-2 ISSUED NOVEMBER 9, 2006. *PART III, LINE 2: THE BORROWER HAS ENTERED INTO VARIOUS ARRANGEMENTS WHICH ARE RELATED TO ITS EXEMPT PURPOSES AND WHICH SATISFY THE 50-DAY RULE REQUIREMENTS OF SECTION 1.141-3(D)(3)(II) OF THE TREASURY REGULATIONS. |