2011-05-12T07:49:44-05:00 2010-06-30 GRANT THORNTON LLP 666 THIRD AVENUE NEW YORK NY 100174011 990 2009-07-01 131740469 Manhattanville College MANH 9143235128 2900 Purchase Street Purchase NY 10577 Erik Paulson 9143235128 2011-05-11 true 2125429609 2009 2016-02-24 21:20:13Z Molly E Smith 2900 Purchase Street Purchase NY 10577 102679478 false X www.manhattanville.edu X 1841 NY To educate students to be ethical and socially-responsible leaders in a global community. 20 19 1696 0 217436 -6801 5560006 2657049 88837005 93305095 887809 599499 1041083 1628682 96325903 98190325 29851464 35023517 0 35895802 36967452 0 1585587 27077086 25968641 92824352 97959610 3501551 230715 82610237 82580805 38107024 35138247 44503213 47442558 The Mission of Manhattanville College is to educate ethically and socially responsible leaders for the global community. Manhattanville is committed to fulfilling that mission by: ensuring the intellectual, ethical, and social development of each student within a community of engaged scholars and teachers; encouraging each student to apply his or her development as an independent leader and creative thinker to career and personal goals; and providing a diverse campus community whose members know, care about, and support each other, and actively engage the community beyond. false false 68865709 35023517 78189029 At Manhattanville College, rigorous academic preparation within a nurturing environment is matched by personalized attention to every student. Our close-knit community of 1,700 undergraduate students and 1,200 graduate students is diverse, representing over 48 states and 76 countries. With more than 50 areas of undergraduate study, ranging from the Liberal Arts to cross-disciplinary studies such as Environmental Science, and professional concentrations such as Business and Museum Studies, our students discover their passions while here and feel empowered to make a difference in the larger local, national, and international communities around us. The College provides both undergraduate and graduate studies in a rigorous, yet nurturing, academic environment. The College has a diverse curriculum with students majoring in the following educational disciplines: BUSINESS & MANAGEMENT HUMANITIES & WRITING COMMUNICATIONS LANGUAGE & GLOBAL STUDIES SOCIAL SCIENCES VISUAL & PERFORMING ARTS EDUCATION SCIENCE, MATH & TECHNOLOGY 12648462 0 18121066 Student & Auxiliary Services - Manhattanville College is committed to offering a rich and varied array of services for students Our students also participate in over 50 social clubs, run a radio station, and engage in over 30,000 hours of community service each year. Student services comprises all facets of the student college experience, including room and board (residence life), athletics, curricular activities, and social clubs. Residence Life at Manhattanville College is an integral part of the educational program and academic support services of the institution. Residence Life is more than just housing at Manhattanville College. We strive to create a dynamic living environment in which all students are comfortable. The Center for Career Development supports and empowers students and alumni to make important decisions that integrate academic studies and life experiences with career planning. We strive to promote faculty, alumni and employer partnerships to generate opportunities that help students and alumni to discover their career potential and meet their career goals. The College's website, www.manhattanville.edu has more information about the various student services provided by the College. 81514171 true true false false false false false true true true true false true false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 114 0 true 1696 true true true false false false false true true false false false 20 19 false false false false false false false true true false false true true true true true false true true false X NORMA BASS 9143235128 2900 PURCHASE STREET PURCHASE NY 10577 Robert Hall 1.0 X X 0 0 0 Mark C Davis 1.0 X X 0 0 0 Peter Bridgman 1.0 X 0 0 0 D H Callahan 1.0 X 0 0 0 Martin C Clague 1.0 X 0 0 0 Ann Conroy 1.0 X 0 0 0 Robert Cullen 1.0 X 0 0 0 Wiliam C Fallon 1.0 X 0 0 0 Sally M Furay 1.0 X 0 0 0 Nancy Roberts King 1.0 X 0 0 0 P Nicholas Kourides 1.0 X 0 0 0 Ernst Nick O'hnell 1.0 X 0 0 0 Karen Olson 1.0 X 0 0 0 Scott Pierce 1.0 X 0 0 0 Barbara J Rodgers 1.0 X 0 0 0 Sally J Rogers 1.0 X 0 0 0 Susan A Ross 1.0 X 0 0 0 Kathleen T MCgahran 1.0 X 0 0 Maura B Morey 1.0 X 0 0 0 Molly Easo Smith 65.0 X X 146975 0 42360 Marvin Suchoff 60.0 X 223600 0 31656 Sue D Reynolds 50.0 X 87841 0 0 Maureen Bateman 40.0 X 201773 0 29600 Larry D Arps 40.0 X 199094 0 25683 Gregory J Palmer 40.0 X 170835 0 17315 Jose Flores 40.0 X 178456 0 32718 Imma De Stefanis 40.0 X 146060 0 19854 Norma Bass 40.0 X 141910 0 20051 Shelley Wepner 40.0 X 123600 0 18006 Donald Dean 40.0 X 135043 0 14357 PAMELA DUNCAN 40.0 X 130581 0 27934 Richard A Berman 65.0 X 508366 0 48196 2394134 0 327730 34 true true false Chartwell Dining Services PO Box 91337 CHICAGO IL 606931337 Food contractor 3448277 SMG services UC PO Box 53 BRATTLEBORO VT 05302 Cleaning service 1000114 Securitas Security Services USA Inc 170 Hamilton Avenue WHITE PLAINS NY 10601 security services 778262 Datatel 4375 Fair Lakes Court FAIRFAX VA 22033 software maintenance 337749 Rose press inc 8 North 14th avenue MOUNT VERNON NY 10550 printing services 289351 16 215700 1106779 1334570 354999 2657049 TUITION AND FEES 900099 75184029 75184029 ROOM AND BOARD (AUXILIARY ENT.) 900099 18121066 18121066 93305095 754514 754514 0 9036 9036 938207 108603 938207 108603 1046810 217436 829374 4334138 4489153 -155015 -155015 -155015 16250 215700 16250 16250 0 0 BOOKSTORE AND OTHER COMMISSIONS 611710 133993 133993 ALUMNI REVENUE 900099 55588 55588 INSURANCE DIV. AND RECOVERIES 900099 131381 131381 235624 235624 556586 98190325 93492064 217436 1823776 0 35023517 35023517 0 0 1408512 490791 727412 190309 0 29016761 22019373 6458911 538477 1772229 1311185 418593 42451 2227503 1648020 526127 53356 2542447 1881032 600515 60900 0 56225 56225 174000 174000 0 0 50054 50054 721828 191771 376722 153335 536612 491608 45004 1365683 1159341 126344 79998 304079 39929 232615 31535 0 6114054 5289894 814676 9484 1370303 1187486 165553 17264 0 201418 97301 100511 3606 1187605 1060372 126482 751 0 4053467 3057324 991130 5013 861772 373062 488710 STUDENT BOARD 2960965 2960965 SECURITY SERVICE 818488 818488 CATERING 660563 512577 86228 61758 EQUIP. RENT/MAINT./REPAIR 537478 45156 484518 7804 MISCELLANEOUS 3994047 2673467 991034 329546 97959610 81514171 14859852 1585587 1440329 904507 1032631 2031289 2664296 1430046 3196421 2943192 1562854 1763432 364299 295702 101433100 54498594 48456625 46934506 23389108 24715700 503674 1562431 82610237 82580805 8150402 7202166 7966229 7371167 19411806 18368130 139128 133848 635082 0 432000 0 1372377 2062936 38107024 35138247 X 28648319 32642838 5601596 4384728 10253298 10414992 44503213 47442558 82610237 82580805 X false true true X true true X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true 19548357 1976602 2916237 24441196 22110534 2430960 -4993137 19548357 0.58600 0.41400 false false 1840257 1840257 79628068 42663645 36964423 0 19329259 11834949 7494310 635516 635516 46934506 0 CAPITAL LEASE OBLIGATIONS 698960 US GOVERNMENT GRANTS REFUNDABLE 1238976 CONDITIONAL ASSET RETIREMENT OBLIGATION 125000 2062936 98190325 97959610 230715 2708630 2708630 2939345 65875438 2708630 2708630 63166808 35023517 35023517 98190325 62936093 62936093 35023517 35023517 97959610 FIN 48 The FASB accounting standards codification ("ASC") established criterion that an individual tax position must meet some or all of the benefits of that position to be recognized in an entity's financial statements. This standard requires the college to determine whether a tax position is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The college has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; determine its filing and tax obligations in juristrictions for which it has nexus; and to review other matters that may be considered tax positions. The tax years ending 2007, 2008 and 2009 are still open to audit for both federal and state purposes. This standard has not had a material impact on the college's financial statements. Endowments Form 990, Sch D, Part V, Line 4 The College's endowment is intended to support the educational, curricular and cultural activities of the students, faculty and staff of Manhattanville College. The endowment's principal is intended to be left untouched for future growth and investment; the endowment's earning are used to fund student scholarships, academic chairs, the campus ministry and facilities improvement. Reconciliation of revenue Schedule D, Part XII, line 4B Scholarships $35,023,517 reconciliation of expenses Schedule D, Part XIII, Line 4B Scholarships $35,023,517 Schedule D - Custodial Accounts The College has four annuitants in its Charitable Gift Annuity Program. The $133,848 liability is reported on Part X, Line 21. Schedule D - Works of Art true true true During its review of the 2008 Form 990, Schedule E, Manhattanville noted that while it regularly included a nondiscrimination disclosure in its employee, student and prospective student publication, the bylaws were silent on nondiscrimination. During its meeting on May 19, 2010, the board of trustees approved the following amendment to its bylaws: Manhattanville college is committed to equality of educational opportunity, and is an equal opportunity employer. The college does not discriminate against current or prospective students and employees on the basis of race, color, sex, national and ethnic origin, religion, age, disability, or any other legally protected characteristic. This college policy is implemented in educational and admissions policies, scholarship and loan programs, athletic and other school administered programs and in employee-related programs. true true true true false false false false false false false false true false Manhattanville is committed to making it possible for students of limited financial resources to attend the college. Millions of dollars in aid is awarded annually, and students participate in federally funded and state supported grants and loan programs. true Gala 231950 215700 16250 Golf Outing 0 231950 215700 16250 16250 true Scholarships - Undergraduate 1300 20195869 Scholarships - graduate 186 255831 Grants - undergraduate 1100 14348317 SEOG 234 223500 Schedule I, part I The College provides scholarships to students matriculating at the College based on need and/or merit. The College monitors students' files to ensure that the student receives necessary financial assistance based on grades, course of study and financial need. All funds granted are required to be used to defray the costs of tuition; funds may not be spent on discretionary items. Accordingly, the College does not need to monitor where the funds are spent. X true true X X X X X true false false false false false false false false Richard A Berman 173366 0 0 0 335000 0 18352 0 29844 0 556562 0 0 0 Marvin Suchoff 223600 0 0 0 0 0 22552 0 9104 0 255256 0 0 0 Maureen Bateman 201773 0 0 0 0 0 20628 0 8972 0 231373 0 0 0 Larry D Arps 199094 0 0 0 0 0 20256 0 5427 0 224777 0 0 0 Gregory J Palmer 170835 0 0 0 0 0 17057 0 258 0 188150 0 0 0 Jose Flores 178456 0 0 0 0 0 18657 0 14061 0 211174 0 0 0 Imma De Stefanis 146060 0 0 0 0 0 14863 0 4991 0 165914 0 0 0 Norma Bass 141910 0 0 0 0 0 14388 0 5663 0 161961 0 0 0 Molly Easo Smith 146975 0 0 0 0 0 14000 0 28360 0 189335 0 0 0 PAMELA DUNCAN 130581 0 0 0 0 0 13837 0 14097 0 158515 0 0 0 Schedule J, Part I, Line 1 The President of the College is provided a home in close proximity to the campus as a condition of his employment. The value of the residence provided to the president on campus has been assigned a fair market value and is included in Schedule J, Part II, Column D (in the amount of $25,000). Both Mr. Berman and Ms. Smith have reported this nontaxable benefit in their compensation. Schedule J, part I, Line 3 Former President, Richard Berman, received a severance payment of $335,000 in the year ending June 30, 2010. This severance payment has been identified in Schedule J, Part II, Column (b)(iii). General Counsel, Maureen Bateman, separated from service on November 21, 2009. Ms. Bateman did not receive any severance in calendar year 2009, but received some in calendar year 2010 (and these amounts will be reported on the succeeding year's Form 990). X 16 354999 1 false true false Schedule M, Noncash Grants To the extent the College receives contributions of securities, the College tasks its investment managers to dispose of those securities. Policies Form 990, Part VI, Section B Line 11 - The audit committee of Manhattanville Colege has a responsibilty, as defined by its charter, to "review the college's annual Form 990, and submit it to the IRS and present the Form 990 to the full board". The audit committee reviewed the 2009 Form 990 on February 11, 2011. The audit committee of Manhattanvile College is comprised of four lay trustees as well as the president and chief financial officer, the trustees of the committee each have non-detailed but broad financial knowledge of the institution's operations. The committee than provided the return, including required schedules other than those related to compensation, to the full board for review during its meeting on March 3, 2011. Both the Audit committee and board were presented with an overview of how audited financial statements were represented within the return and both groups undertook detailed review of specific lines on Form 990 PArt VI and schedule E. Line 12 - Officers, trustees and key employees are annually required to complete an acknowledgement and disclosure statement. This statement requires the individual's signature verifying compliance with the procedures contained in the conflicts of interest and disclosure policy, the policy is included in the Manhattanville college board of trustees handbook which is provided to each trustee upon joining the board. The signed statements are reviewed by the board secretary. If any conflicts are noticed, the board chairman has responsibility for rectifying the conflict with the trustee or officer. Line 15 - Compensation for the officers and key employees is determined by Manhattanville board of trustees' executive committee which acts as the compensation committee. No individuals with a conflict of interest may be involved in the compensation determination process. comparability data for similarly qualified persons in functionally comparable positions at similarly situated organizations is prepared by the organization and reviewed by the board of trustees' compensation committee. The minutes of the compensation committee document the decisions regarding compensation. the review process is communicated to the board. Disclosure Form 990, Part VI, Section C Line 19 - The taxpayer makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion. Part IV, line 4 and Schedule C The College does not undertake any direct lobbying activities; however, the College is a dues-paying member in various college and higher education professional associations. By virtue of its membership in these associations, the College may undertake some indirect lobbying activities as a portion of its membership dues may be used to fund higher education advocacy endeavors. The College has not received notification from the Associations of its allocable share of non-deductible lobbying expenditures; accordingly, the College has not disclosed any amounts on Schedule C. This disclosure in Schedule O is offered in the interests of full disclosure. rental income Form 990, Part VIII, Line 6 Rental income disclosed on Part VIII is reported gross; all expenditures associated with the earning of the rental income is reported on Part IX of the Form 990 to prevent any under-reporting of gross unrelated business income from rental activities on part VIII.