IONA UNIVERSITY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- IONA UNIVERSITY (EIN 13-3508093)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-10
- IRS object ID
- 201131309349300543
- Schema version
- 2009v1.7
- 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 D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-10T16:26:07-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 666 THIRD AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100174011 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133508093 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IONA COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | IONA | NameControl |
| Phone | 9146332483 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 715 NORTH AVENUE - MCSPEDON HALL | AddressLine1 |
| City | NEW ROCHELLE | City |
| State | NY | State |
| ZIP Code | 108011890 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jonathan C Ivec | Name |
| Title | VP FOR FINANCE AND ADMIN | Title |
| Phone | 9146332183 | Phone |
| Date Signed | 2011-05-10 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125429609 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JAMES LIGUORI | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 715 NORTH AVENUE MCSPEDON | AddressLine1 |
| City | NEW ROCHELLE | City |
| State | NY | State |
| ZIP Code | 10801 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 150331935 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Group Exemption Number | 0928 | GroupExemptionNumber |
| Organization501c | X | Organization501c |
| Web Site | WWW.IONA.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1940 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | IONA COLLEGE IS A DIVERSE COMMUNITY OF LEARNERS AND SCHOLARS DEDICATED TO ACADEMIC EXCELLENCE IN THE TRADITION OF THE CHRISTIAN BROTHERS AND AMERICAN CATHOLIC HIGHER EDUCATION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 34 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 33 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1979 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 473121 | TotalGrossUBI |
| Contributions Grants Prior Year | 9561713 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 8687356 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 115509227 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 117922900 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 916572 | InvestmentIncomePriorYear |
| Investment Income Current Year | 864002 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 132788 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2061978 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 126120300 | TotalRevenuePriorYear |
| Total Revenue Current Year | 129536236 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 31204211 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 33672274 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 52840767 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 54713173 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1610966 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 30117719 | OtherExpensePriorYear |
| Other Expenses Current Year | 30731498 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 114162697 | TotalExpensesPriorYear |
| Total Expenses Current Year | 119116945 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 11957603 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 10419291 | RevenuesLessExpensesCY |
| Total Assets BOY | 164756392 | TotalAssetsBOY |
| Total Assets EOY | 169294829 | TotalAssetsEOY |
| Total Liabilities BOY | 58369895 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 51123639 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 106386497 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 118171190 | NetAssetsOrFundBalancesEOY |
| Mission Description | Iona College is a diverse community of learners and scholars dedicated to academic excellence in the tradition of the Christian Brothers and American Catholic higher education. We commit ourselves to education within the rich heritage of these legacies, especially intellectual inquiry and the values of justice, peace, and service. Iona College graduates will be sought after because they will be (1) ethical and skilled decision makers and problem solvers motivated to leadership, service and civic responsibility, (2) independent thinkers informed and enriched by a liberal arts education, (3) lifelong learners skilled in and adaptable to new information and technologies, and (4) individuals who integrate the spiritual, intellectual, civic, emotional, and physical dimensions of their lives. The Iona College Community will achieve these goals by dedicated teaching enhanced through creative research and scholarship, internships, career development and by participation of students, faculty, s | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 65549887 | Expense |
| Grants | 33609208 | Grants |
| Revenue | 104654766 | Revenue |
| Description | Iona College is chartered by the State of New York and fully accredited by the Commission on Higher Education of the Middle States Association of Schools and Colleges (CHE-MSA) to offer credit-bearing coursework towards degrees and registered certificates at the undergraduate and graduate levels. In addition to the federal Department of Education approved regional accreditor (CHE-MSA), Iona's academic programs hold multiple professional and special accreditations from outside agencies. Iona offers a wide variety of undergraduate and graduate degrees in the School of Arts and Science and the Hagan School of Business, including undergraduate degree programs for students enrolled in the evening Professional Studies Program. Iona's student body is comprised of 3,249 undergraduate students, 896 graduate students and 65 Professional Studies Program Students. Iona boasts a student to faculty ratio of 13 to 1. The School of Arts & Science supports the mission of Iona College through its commitment to academic excellence and education in the liberal arts tradition. A community of teacher-scholars devoted to academic excellence, the School of Arts & Science seeks, through the departments that comprise it, to provide all students with an educational foundation that is both traditional and contemporary. Through its major programs at the undergraduate and graduate levels, the School offers courses of study in the traditional liberal arts disciplines and appropriate preprofessional and professional programs that provide academic challenge and intellectual depth, and are rooted in liberal learning. Beyond its own inherent values, such broadly based education serves especially well the needs of students who will be employed in a rapidly evolving work environment and may change careers several times. In furtherance of these commitments, the School of Arts & Science strives to: - provide an education that is current, student-centered, outcome-based, and involves an appropriate mix of classroom-based instruction, independent research, and internship or practical experience; - equip students with the skills necessary for success in a rapidly changing environment: critical thinking, effective oral and written communication, problem solving, ethical decision making, computer competency, and scientific and technological literacy; - instill in students the habits of mind enabling them to possess our most precious human heritage: those ideas, beliefs, and writings that are the basis of intellectual, cultural, and moral development; - deepen students' self-awareness, reflectiveness, and commitment to a core of values that will illuminate both their personal relationships and their relationship to a pluralistic society with the qualities of intelligence, tolerance, decency, and compassion; - recruit, retain, and support the development of a faculty of exceptional teacher-scholars whose pedagogy is informed by research, experience, and scholarship. The Hagan School of Business at Iona College is one of the nation's most outstanding business schools, according to the Princeton Review. The Hagan School of Business offers degree programs leading to the Bachelor of Business Administration (B.BA.) degree in seven majors: - Accounting - Business Administration - Finance - Information Systems - International Business - Management, and - Marketing | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 10309476 | Expense |
| Grants | 63066 | Grants |
| Revenue | 12920215 | Revenue |
| Description | Iona College provides ancillary auxiliary services to both its student population and its employee base in an effort to support its educational mission. 1. Residential Services As part of the student experience, Iona College offers on-campus residence hall housing and related services. Over 1,076 Iona students choose to live in one of the College's five housing options. The primary goal of Iona's Residential Life program is to provide a safe, secure and comfortable environment where academic success, as well as the social, emotional, spiritual, physical and cultural development of each resident, is facilitated. 2. Bookstore The College also operates an on-campus bookstore where students can purchase textbooks, study aids, electronics, software, stationery, and related hard goods. 3. Food Services/Cafeteria The College operates an on-campus cafeteria that is committed to providing quality and nutritious food with exceptional service. Resident students and commuters may participate in the full Meal Plan offered at Iona College. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3723355 | Expense |
| Grants | 0 | Grants |
| Revenue | 1173371 | Revenue |
| Description | Other academic and student support activities are provided for enrolled students and in support of faculty scholarship consistent with standards established by the New York State Education Department, the Commission on Higher Education of the Middle States Association of Schools and Colleges and best practices in American higher education. These include fully staffed and operational libraries, a career development center, counseling center, health services center, IT support center, faculty training center, tutoring and academic support center, campus ministries office, athletics department, and student development office servicing clubs, student government, student media, and student recreation. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 79582718 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | 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 |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | 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 |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 179 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1979 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | true | NonDeductibleContributions |
| Non Deductible Disclosure | true | NonDeductibleDisclosure |
| 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 |
| Nbr Voting Governing Body Members | 34 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 33 | 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 | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ANDREW MCDERMOTT | NamePerson |
| Telephone Number | 9146332480 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 715 NORTH AVENUE MCSPEDON HALL | AddressLine1 |
| City | NEW ROCHELLE | City |
| State | NY | State |
| ZIP Code | 10801 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (46 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Br James A Liguori CFC | ||||||||
| Trustee and president | 1.0 | X | X | 299829 | 0 | 1162 | ||
| James Hynes | ||||||||
| Chairperson | 1.0 | X | X | 0 | 0 | 0 | ||
| Stephen Reitano | ||||||||
| Secretary | 1.0 | X | X | 0 | 0 | 0 | ||
| Michael Beckerich | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| David Brown | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Linda Bruno | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Ronald DeFeo | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Andrew Dolce | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Laurence downes | ||||||||
| Treasurer | 1.0 | X | X | 0 | 0 | 0 | ||
| John Driscoll | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Richard Franchella | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Theresa Gottlieb | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Julia Considine Greifeld | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Thomas Hales | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Alice Hoersch | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Kathleen Hurlie | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Helen Lafferty | ||||||||
| trustee | 1.0 | X | 0 | 0 | 0 | |||
| Robert Lapenta | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Bartley Livolsi | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Patrick Lynch | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| James MacDonald | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Phillip Maisano | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| David McCabe | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| J Riley McDonough | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| JoAnn Murphy | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Lawrence Murphy | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Kevin Plunkett | ||||||||
| trustee | 1.0 | X | 0 | 0 | 0 | |||
| Peter Riguardi | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Armando Rodriguez | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Charles Schoenherr | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Raymond Vercruysse | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| John Verrier | ||||||||
| trustee | 1.0 | X | 0 | 0 | 0 | |||
| Brian Walsh | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Lawrence Wills | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Warren Rosenberg | ||||||||
| Provost and VP for Academics | 35.0 | X | 227607 | 0 | 22519 | |||
| Kelli Hudson | ||||||||
| VP for finance and admin | 40.0 | X | 206182 | 0 | 16640 | |||
| Jonathan Ivec | ||||||||
| CFO (as of June 2010) | 40.0 | X | 0 | 0 | 0 | |||
| Richard Petriccione | ||||||||
| VP for Advancement | 35.0 | 209746 | 0 | 20401 | X | |||
| Vincent Calluzzo | ||||||||
| Dean, Hagan School of Business | 35.0 | 201157 | 0 | 20143 | X | |||
| Brian Nickerson | ||||||||
| Dean, School of A&S | 35.0 | 199053 | 0 | 9857 | X | |||
| Joanne Steele Laughlin | ||||||||
| Provost for IT | 35.0 | 168583 | 0 | 17774 | X | |||
| Kevin Willard | ||||||||
| Basketball Coach (thru 4/4/10) | 35.0 | 282036 | 0 | 11827 | X | |||
| Dimitris Halaris | ||||||||
| Assoc. Vice Provost for IT | 35.0 | 166704 | 0 | 23387 | X | |||
| Kurt Engemann | ||||||||
| Professor | 35.0 | 165702 | 0 | 13718 | X | |||
| Donald Moscato | ||||||||
| Professor | 35.0 | 165274 | 0 | 13342 | X | |||
| Charles Cante | ||||||||
| Associate Dean School of Bus. | 35.0 | 158066 | 0 | 14860 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2449939 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 185630 | TotalOtherCompensation |
| Number Individuals GT100 K | 60 | 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 |
|---|---|---|---|---|---|
| DARLIND CONSTRUCTION | |||||
| 1540 ROUTE 55 PO BOX 130 | LAGRANGEVILLE | NY | 12540 | CONSTRUCTION | 4002036 |
| Chartwells Dining Services | |||||
| 175 Sunnyside Boulevard | CHICAGO | IL | 60693 | FOOD SERVICE | 2398072 |
| Hennessey Construction Co Inc | |||||
| PO Box 189 14 Oak Street | CLOSTER | NJ | 07624 | Construction | 1028926 |
| re think group | |||||
| 700 Canal Street 5th Floor | STAMFORD | CT | 06902 | Publication/advertis | 1001518 |
| Tarter Krinsky Drogin LLP | |||||
| 1350 Broadway 11th Floor | NEW YORK | NY | 10018 | Legal Services | 441946 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 18 | NumberOfContractorsGT100K |
| Fundraising Events | 731196 | FundraisingEvents |
| Government Grants | 1580520 | GovernmentGrants |
| All Other Contributions | 6375640 | AllOtherContributions |
| Noncash Contributions | 484586 | NoncashContributions |
| Total Contributions | 8687356 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| TUITION AND FEES | 900099 | 104654766 | 104654766 | |
| ROOM AND BOARD (& OTHER HOUSING CHARGES) | 611710 | 11985934 | 11985934 | |
| ATHLETICS | 611710 | 347919 | 347919 | |
| CAFETERIA | 611710 | 659025 | $659,025 | |
| BOOKSTORE | 611710 | 159279 | $159,279 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 115977 | TotalRevenueColumn |
| Related Or Exempt Function Income | 70152 | RelatedOrExemptFunctionIncome |
| Exclusion | $45,825 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 117922900 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 861052 | TotalRevenueColumn |
| Exclusion | $861,052 | 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 | 76986 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 76986 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 76986 | TotalRevenueColumn |
| Exclusion | $76,986 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 20436527 | Securities |
| Other | 2950 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 20436527 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 2950 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2950 | TotalRevenueColumn |
| Exclusion | $2,950 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 295125 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 731196 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 359172 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -64047 | TotalRevenueColumn |
| Exclusion | -$64,047 | 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 |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| AQUATICS CLUB | 713940 | 347779 | $347,779 | |
| INSURANCE SETTLEMENTS | 900099 | 1191713 | $1,191,713 | |
| DAY CAMP SERVICES | 900099 | 418599 | 418599 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 90948 | TotalRevenueColumn |
| Related Or Exempt Function Income | 39300 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 54522 | UnrelatedBusinessRevenue |
| Exclusion | -$2,874 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2049039 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 129536236 | TotalRevenueColumn |
| Related Or Exempt Function Income | 117098071 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 473121 | UnrelatedBusinessRevenue |
| Exclusion | $3,277,688 | 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 | 33672274 | Total |
| Program Services | 33672274 | 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 | 2890116 | Total |
| Program Services | 2081607 | ProgramServices |
| Management And General | 737745 | ManagementAndGeneral |
| Fundraising | 70764 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38572805 | Total |
| Program Services | 27782079 | ProgramServices |
| Management And General | 9846279 | ManagementAndGeneral |
| Fundraising | 944447 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1570740 | Total |
| Management And General | 1570740 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8716832 | Total |
| Program Services | 22468 | ProgramServices |
| Management And General | 8694364 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2962680 | Total |
| Management And General | 2962680 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 520549 | Total |
| Management And General | 520549 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 217049 | Total |
| Management And General | 217049 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78102 | Total |
| Management And General | 78102 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2908415 | Total |
| Program Services | 671926 | ProgramServices |
| Management And General | 2226601 | ManagementAndGeneral |
| Fundraising | 9888 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1834632 | Total |
| Program Services | 664851 | ProgramServices |
| Management And General | 1087375 | ManagementAndGeneral |
| Fundraising | 82406 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1813539 | Total |
| Program Services | 800891 | ProgramServices |
| Management And General | 874847 | ManagementAndGeneral |
| Fundraising | 137801 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 441146 | Total |
| Program Services | 149518 | ProgramServices |
| Management And General | 289512 | ManagementAndGeneral |
| Fundraising | 2116 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2096 | Total |
| Program Services | 2096 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6812128 | Total |
| Program Services | 1192479 | ProgramServices |
| Management And General | 5599689 | ManagementAndGeneral |
| Fundraising | 19960 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1041360 | Total |
| Program Services | 967623 | ProgramServices |
| Management And General | 63305 | ManagementAndGeneral |
| Fundraising | 10432 | 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 | 98590 | Total |
| Program Services | 81944 | ProgramServices |
| Management And General | 8096 | ManagementAndGeneral |
| Fundraising | 8550 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1383085 | Total |
| Program Services | 1309833 | ProgramServices |
| Management And General | 73252 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5044302 | Total |
| Program Services | 4088992 | ProgramServices |
| Management And General | 955310 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1276695 | Total |
| Program Services | 426131 | ProgramServices |
| Management And General | 850564 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SERVICE | 3821152 | 3718172 | 99312 | 3668 |
| ATHLETICS | 978259 | 929231 | 37872 | 11156 |
| ADVANCEMENT | 689933 | 146421 | 238404 | 305108 |
| STUDENT ACTIVITIES | 571263 | 339226 | 232037 | |
| PROFESSIONAL DUES AND TRAINING | 382885 | 275009 | 103445 | 4431 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 816318 | Total |
| Program Services | 259947 | ProgramServices |
| Management And General | 556132 | ManagementAndGeneral |
| Fundraising | 239 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 119116945 | Total |
| Program Services | 79582718 | ProgramServices |
| Management And General | 37923261 | ManagementAndGeneral |
| Fundraising | 1610966 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7734 | BOY |
| EOY | 8700 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13550181 | BOY |
| EOY | 6548063 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6852152 | BOY |
| EOY | 3961303 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 449712 | BOY |
| EOY | 596332 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2324568 | BOY |
| EOY | 2166584 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2512456 | BOY |
| EOY | 1916414 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 178332758 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 72948734 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 103147589 | BOY |
| EOY | 105384024 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71382 | BOY |
| EOY | 93163 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33030720 | BOY |
| EOY | 45832905 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2809898 | BOY |
| EOY | 2787341 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 164756392 | BOY |
| EOY | 169294829 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10590128 | BOY |
| EOY | 6265824 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4511214 | BOY |
| EOY | 3926900 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30448820 | BOY |
| EOY | 27088453 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12819733 | BOY |
| EOY | 13842462 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58369895 | BOY |
| EOY | 51123639 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77597352 | BOY |
| EOY | 94219282 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14617880 | BOY |
| EOY | 9215013 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14171265 | BOY |
| EOY | 14736895 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106386497 | BOY |
| EOY | 118171190 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 164756392 | BOY |
| EOY | 169294829 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 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 Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | Educational instruction | DescriptionOfOtherPurposes |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 25181581 | BeginningOfYearBalance |
| Contributions | 6600330 | Contributions |
| Investment Earnings Or Losses | 2630489 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 102200 | GrantsOrScholarships |
| Other Expenditures | 119286 | OtherExpenditures |
| Administrative Expenses | 75871 | AdministrativeExpenses |
| End Of Year Balance | 34115043 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 29647626 | BeginningOfYearBalance |
| Contributions | 469739 | Contributions |
| Investment Earnings Or Losses | -3594294 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 170920 | GrantsOrScholarships |
| Other Expenditures | 1114172 | OtherExpenditures |
| Administrative Expenses | 56398 | AdministrativeExpenses |
| End Of Year Balance | 25181581 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.52960 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.43200 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03840 | TermEndowmentEOYBalance |
| 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 | 2512212 | OtherCostOrOtherBasis |
| Book Value | 2512212 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 130785801 | OtherCostOrOtherBasis |
| Depreciation | 44645814 | Depreciation |
| Book Value | 86139987 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 30834493 | OtherCostOrOtherBasis |
| Depreciation | 23571579 | Depreciation |
| Book Value | 7262914 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14200252 | OtherCostOrOtherBasis |
| Depreciation | 4731341 | Depreciation |
| Book Value | 9468911 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 105384024 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MULTI-STRATEGY BOND FUND | 13011689 | F |
| SHORT-TERM FUND | 0 | F |
| MULTI-STRATEGY EQUITY FUND | 21610162 | F |
| GOVERNMENT SECURITIES FUND | 9296700 | F |
| COMMODITIES FUND | 1910799 | F |
| CASH VALUE OF LIFE INSURANCE | 3555 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 45832905 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| REFUNDABLE ADVANCES FROM U.S. GOVERNMENT | $2,227,814 |
| ACCRUED POSTRETIREMENT BENEFITS | $11,512,000 |
| ASSET RETIREMENT OBLIGATION | $102,648 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 13842462 | TotalOfAmounts |
| Total Revenue | 129536236 | TotalRevenue |
| Total Expenses | 119116945 | TotalExpenses |
| Excess Or Deficit For Year | 10419291 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1990402 | NetUnrealizedGLOnInvestments |
| Other | $625,000 | OtherAmount |
| Total Adjustments | 2615402 | TotalAdjustments |
| Excess Or Deficit Per FS | 13034693 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 98198500 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1990402 | NetUnrealizedGainsInvestments |
| Other Revenues | 359172 | OtherRevenues |
| Revenue Not Rptd F990 | 2349574 | RevenueNotRptdF990 |
| Revenue Subtotal | 95848926 | RevenueSubtotal |
| Investment Expenses Not Included | 78102 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 33609208 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 33687310 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 129536236 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 85788807 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 359172 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 359172 | ExpensesNotRptdF990 |
| Expenses Subtotal | 85429635 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 78102 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 33609208 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 33687310 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 119116945 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ENDOWMENT FUNDS | FORM 990, SCHEDULE D, PART V | The College's endowment fund is intended to support its educational mission. Permanent endowment funds are intended to fund student scholarships; term endowment funds are reserved to satisfy the College's debt covenants. The College intends on keeping the endowment principal untouched, while using its earnings to satisfy the abovementioned objectives. |
| INCOME TAXES | Form 990, Schedule D, Part X | In July 2006, new guidance was issued in the area of "Accounting for Uncertainty in Income Taxes." The new standard clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This standard provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The standard also provides guidance on measurement, classification, interest and penalties, and disclosure. It was effective for the College on July 1, 2008, and had no material impact on the accompanying financial statements. The tax years ended 2007, 2008, and 2009 are still open to audit for both federal and state purposes. The College has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. |
| reconciliation of net assets | Postretirement related changes: $625,000 | |
| reconciliation of revenue | Form 990, Schedule D, Part XII | Line 2d: Special events expenses (reclass to revenue) 359,172 Line 4b: Scholarships: $33,609,766 |
| reconciliation of expenses | Form 990, Schedule D, Part XIII | Line 2d: Special events expenses (reclass to revenue) 359,172 Line 4b Scholarships: $33,609,766 |
| Schedule D, part III | Iona College operates a public gallery near its campus that is open to both students and to the general public, free of charge. The College does not own any of the artwork exhibited in this gallery but receives these pieces for public exhibition. The gallery is intended as a vehicle to increase public appreciation of art and to enhance the student educational experience. |
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 |
| Pub Via Broadcast Media Expln | The organization publishes its racially nondiscriminatory policy on the web at _www.iona.edu/ombuds. The College also publishes its nondiscriminatory policy in student handbooks. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | false | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Org Does Not Maintain Explanation | ETHNIC BACKGROUND IS AN OPTIONAL QUESTION ON THE ADMISSIONS APPLICATION. IF STUDENTS PROVIDE THE INFORMATION IT IS ENTERED INTO PEOPLESOFT. THIS DATA IS ALSO KEPT ON EMPLOYEES WHERE PROVIDED. ADMISSIONS DECISION LETTERS ARE MAINTAINED IN STUDENT FILES AND ARE KEPT IN SFS. THE COLLEGE COMMUNICATIONS DEPARTMENT MAINTAINS BLUEPRINTS ON FILE OF ANY ADMISSIONS BROCHURES AND OUTSOURCES, AND THE DUPLICATIONS DEPARTMENT MAINTAINS COPIES OF ANY BROCHURE, POSTER, ETC. THAT HAS BEEN CREATED INTERNALLY. | OrgDoesNotMaintainExplanation |
| 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 |
| Govt Financial Aid Explanation | The College receives both federal and state funding student loans. The College administers the New York State Tuition Assistance Program (TAP) and the Pell Grants Program, a federally funded Title IV program. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Dinner Dance | NameOfEvent1 |
| Gross Receipts Event1 | 632750 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 440750 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 192000 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 809 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 207291 | RentFacilityCostsEvent1 |
| Entertainment Event1 | 2800 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 35784 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Winged Foot | NameOfEvent2 |
| Gross Receipts Event2 | 256710 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 193990 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 62720 | GrossRevenueEvent2 |
| Non Cash Prizes Event2 | 12550 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 89153 | RentFacilityCostsEvent2 |
| Other Direct Expenses Event2 | 10785 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 136861 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 96456 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 40405 | GrossRevenueOtherEvents |
| Gross Receipts Total | 1026321 | GrossReceiptsTotal |
| Charitable Contributions Total | 731196 | CharitableContributionsTotal |
| Gross Revenue Total Events | 295125 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 13359 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 296444 | RentFacilityCostsTotalEvents |
| Entertainment Total Events | 2800 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 46569 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 359172 | DirectExpenseSummaryEvents |
| Net Income Summary | -64047 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
| No Grant More Than5000 | X | NoGrantMoreThan5000 |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 3434 | NumberOfRecipients |
| Amount Of Cash Grant | 33609208 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Description of Grants and Assistance | Identifier |
| Return Reference | FORM 990, SCHEDULE I, PART 1, LINE 2 | ReturnReference |
| Explanation | Iona College gives aid to students in two forms. Merit aid and need based aid. The amount of merit aid a student receives is based on a calculated academic index that is derived from their GPA and SAT scorces. Need based aid is determined from the student EFC. Students are given these awards upon acceptance to the College and the awards are renewed on an annual basis assuming the student meets the required cumulative GPA and their need as determined by the FAFSA has not changed. All scholarships issued by the College are intended to be used to defray tuition costs and enable students to matriculate in Iona College; the student has no discretion on how to expend those funds. Accordingly, the College does not formally monitor the use of the scholarship funds since it is required that such funds be used to offset tuition costs. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | 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 | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Br James A Liguori CFC | |||||||||||||
| 268474 | 0 | 0 | 0 | 31355 | 0 | 0 | 0 | 1162 | 0 | 300991 | 0 | 0 | 0 |
| Warren Rosenberg | |||||||||||||
| 208380 | 0 | 0 | 0 | 19227 | 0 | 21661 | 0 | 858 | 0 | 250126 | 0 | 0 | 0 |
| Kelli Hudson | |||||||||||||
| 200706 | 0 | 0 | 0 | 5476 | 0 | 15845 | 0 | 795 | 0 | 222822 | 0 | 0 | 0 |
| Richard Petriccione | |||||||||||||
| 189667 | 0 | 0 | 0 | 20079 | 0 | 19623 | 0 | 778 | 0 | 230147 | 0 | 0 | 0 |
| Vincent Calluzzo | |||||||||||||
| 180839 | 0 | 0 | 0 | 20318 | 0 | 19375 | 0 | 768 | 0 | 221300 | 0 | 0 | 0 |
| Brian Nickerson | |||||||||||||
| 185731 | 0 | 0 | 0 | 13322 | 0 | 9134 | 0 | 723 | 0 | 208910 | 0 | 0 | 0 |
| Joanne Steele Laughlin | |||||||||||||
| 155969 | 0 | 0 | 0 | 12614 | 0 | 17096 | 0 | 678 | 0 | 186357 | 0 | 0 | 0 |
| Kevin Willard | |||||||||||||
| 275160 | 0 | 0 | 0 | 6876 | 0 | 10959 | 0 | 868 | 0 | 293863 | 0 | 0 | 0 |
| Dimitris Halaris | |||||||||||||
| 160265 | 0 | 0 | 0 | 6439 | 0 | 16724 | 0 | 6663 | 0 | 190091 | 0 | 0 | 0 |
| Kurt Engemann | |||||||||||||
| 143572 | 0 | 0 | 0 | 22130 | 0 | 13195 | 0 | 523 | 0 | 179420 | 0 | 0 | 0 |
| Donald Moscato | |||||||||||||
| 144681 | 0 | 0 | 0 | 20593 | 0 | 12834 | 0 | 508 | 0 | 178616 | 0 | 0 | 0 |
| Charles Cante | |||||||||||||
| 132684 | 0 | 0 | 0 | 25382 | 0 | 14293 | 0 | 567 | 0 | 172926 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | COMPENSATION INFORMATION | Identifier |
| Return Reference | FORM 990, SCHEDULE J | ReturnReference |
| Explanation | LINE 1A: The President of the College is a member of a religious order and his compensation is usually remit directly to the Order. In 2010, the President did receive taxable income and the College issued him a W-2. The President is provided housing in close proximity to the campus; the value of that housing is not included in his taxable income as his presence on the campus is required as a condition of his employment. The College, likewise, pays social club dues for the President. The President uses the social club exclusively for business purposes and the value of the club dues is reported in the nontaxable benefits column on Schedule J. LINE 1B: Any expenses incurred by the President with respect to his housing allowance and/or his social club dues are submitted for reimbursement to the Finance office via a check request. THE CHECK REQUEST NEEDS THE APPROVAL OF THE APPROPRIATE PERSON (VP FINANCE IN THIS CASE) BEFORE BEING SUBMITTED TO ACCOUNTS PAYABLE FOR PROCESSING. THE DRIVER IN THIS CASE IS AN IONA COLLEGE EMPLOYEE AND THE STIPEND HE RECEIVES FOR DRIVING IS INCLUDED IN HIS PAYCHECK AND APPROVED BY THE DIRECTOR OF HUMAN RESOURCES. | Explanation |
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 | 23 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 484586 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | OTHER | 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 | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule M, Question 32a | Identifier |
| Return Reference | FORM 990, SCHEDULE M | ReturnReference |
| Explanation | To the extent that Iona College receives any noncash contributions of marketable securities, the College's investment advisors are tasked with disposing of the securities. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, LINE 2 | Richard Petriccione, VP for Advancement, and Joanne Murphy, trustee, have a business relationship. |
| FORM 990, PART VI, LINE 11 | The Form 990 was prepared by a nationally renowned accounting firm in conjunction with the organization's financial department. A copy of the draft Form 990 was circulated to the full Board of Trustees for discussion and comment. Each Board Member was provided ample opportunity to comment on the information contained in the 990 prior to its electronic filing with the Internal Revenue Service. |
| FORM 990, PART VI, LINE 12 | Each officer, director, trustee and key employee of the College is required to annually disclose any conflicts of interest that arise by virtue of their employment, board service, or position with the College. The College monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately. |
| FORM 990, PART VI, LINE 15 | The College undertakes a thorough process to ensure that the executive compensation it pays to its top management official and all of its officers and key employees is reasonable given the market in which the College operates. In relevant part, the Board of Directors has established a Compensation Committee of independent persons that have no personal interest in the proposed compensation agreement. The Compensation committee contracts with a compensation consultant to complete a market assessment and competitive position analysis for the College's top executives. The compensation consultant utilizes comparability and benchmarking surveys to ensure that the College compensates its executives commensurate with the market. The compensation committee will then set the compensation for the relevant executive and document the decision in board minutes. |
| FORM 990, PART VI, LINE 19 | The taxpayer makes its Form 990 available to the public by retaining a copy at its place of business and is available upon request. 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. |
| Form 990, Part VI, Line 13 | The College implemented a whistleblower policy in the year ending June 30, 2010 as a measure of best corporate governance practices. |
| Form 990, Part IV, Line 4 & Schedule C | Iona 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. |