DOMINICAN UNIVERSITY NEW YORK: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- DOMINICAN UNIVERSITY NEW YORK (EIN 13-1967322)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-06
- IRS object ID
- 202601269349301605
- Schema version
- 2024v5.5
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-06T12:32:12-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 991856619 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131967322 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOMINICAN UNIVERSITY NEW YORK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DOMI | BusinessNameControlTxt |
| Phone | 8458487814 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 WESTERN HIGHWAY | AddressLine1Txt |
| City | ORANGEBURG | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10962 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL HOFFMAN | PersonNm |
| Person Title | INTERIM VP FINANCIAL AFFAIRS | PersonTitleTxt |
| Phone | 8458487814 | PhoneNum |
| Signature | 2026-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT THOMPSETT | PreparerPersonNm |
| PTIN | P00741490 | PTIN |
| Phone | 2125990100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR MANUEL MARTINEZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 WESTERN HIGHWAY | AddressLine1Txt |
| City | ORANGEBURG | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10962 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $60,466,788 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 0928 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.DUNY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1952 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | PROMOTE EDUCATIONAL EXCELLENCE, LEADERSHIP, & SERVICE VIA A STRONG COMMITMENT TO OUR STUDENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 33 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 728 | TotalEmployeeCnt |
| Total Volunteers | 87 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,732,985 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,653,633 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $50,170,307 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $53,420,751 | CYProgramServiceRevenueAmt |
| PY Investment Income | $312,583 | PYInvestmentIncomeAmt |
| CY Investment Income | $745,602 | CYInvestmentIncomeAmt |
| PY Other Revenue | $673,312 | PYOtherRevenueAmt |
| CY Other Revenue | $523,611 | CYOtherRevenueAmt |
| PY Total Revenue | $60,889,187 | PYTotalRevenueAmt |
| CY Total Revenue | $60,343,597 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $17,650,677 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $19,339,758 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $20,943,158 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $20,979,238 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $201,357 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,094,887 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $19,484,448 | PYOtherExpensesAmt |
| CY Other Expenses | $20,485,341 | CYOtherExpensesAmt |
| PY Total Expenses | $58,279,640 | PYTotalExpensesAmt |
| CY Total Expenses | $60,804,337 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,609,547 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$460,740 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $70,177,840 | TotalAssetsBOYAmt |
| Total Assets EOY | $72,566,808 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $36,778,736 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $39,472,601 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $33,399,104 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $33,094,207 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $53,215,876 | ExpenseAmt |
| Grant | $19,339,758 | GrantAmt |
| Revenue | $53,420,751 | RevenueAmt |
| Desc | SEE SCHEDULE O. DOMINICAN UNIVERSITY NEW YORK WAS FOUNDED IN 1952 BY THE SISTERS OF ST. DOMINIC OF BLAUVELT AND CONTINUES TO SERVE APPROXIMATELY 1,400 STUDENTS AS A PRIVATE, COEDUCATIONAL INSTITUTION, PROUD OF ITS DOMINICAN AND CATHOLIC TRADITION. THE UNIVERSITY IS COMMITTED TO MAINTAINING ITS VALUE-CENTERED, STUDENT-ORIENTED FOCUS. WITH A STUDENT/FACULTY RATIO OF 14 TO 1, EACH PERSON RECEIVES THE ASSISTANCE AND CHALLENGE SHE OR HE NEEDS TO REALIZE PERSONAL ASPIRATIONS AND TO BECOME A CONTRIBUTING CITIZEN. THE UNIVERSITY IS A LIBERAL ARTS INSTITUTION WHICH PROVIDES PROFESSIONAL PROGRAMS IN TEACHER EDUCATION, SOCIAL WORK, BUSINESS ADMINISTRATION AND THE HEALTH CARE PROFESSIONS OF NURSING AND OCCUPATIONAL AND PHYSICAL THERAPY. OVER THIRTY PROGRAMS, MANY OF WHICH ARE NATIONALLY ACCREDITED, ARE OFFERED ON THE UNDERGRADUATE AND MASTER'S LEVEL. THE 16,000 MEMBERS OF OUR ALUMNI MAKE A SIGNIFICANT DIFFERENCE IN THE HOSPITALS, SCHOOLS AND BUSINESSES WHERE THEY SERVE. DOMINICAN UNIVERSITY NEW YORK IS AN ACADEMIC COMMUNITY COMMITTED TO FOSTERING THE VALUES OF EXCELLENCE, LEADERSHIP AND SERVICE IN ITS CURRICULAR AND EXTRA-CURRICULAR PROGRAMS. A MEMBER OF NCAA, DIVISION II, THE ATHLETIC DEPARTMENT SPONSORS NINETEEN COMPETITIVE SPORTS DURING THE FALL AND SPRING SEMESTERS. THE STUDENT BODY IS RICHLY DIVERSE AND IS COMPOSED OF TRADITIONAL AND NON-TRADITIONAL AGED STUDENTS WHO COMMUTE OR RESIDE ON CAMPUS. SPECIAL PROGRAMS EXIST FOR ADULT LEARNERS WHO WORK FULL TIME WHILE ATTENDING ACCELERATED PROGRAMS IN THE EVENING OR ON WEEKENDS. | Desc |
| Total Program Service Expenses | $53,215,876 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 88 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 728 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 33 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL HOFFMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8458487814 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 WESTERN HIGHWAY | AddressLine1Txt |
| City | ORANGEBURG | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10962 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DR MANUEL MARTINEZ | ||||||||
| PRESIDENT (AS OF 07/24) | 35.00 | 0.00 | Yes (X) | Yes (X) | $248,633 | $0 | $11,151 | |
| MARY HUGHES OP | ||||||||
| INTERIM PRESIDENT (THRU 07/24) | 35.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SR NOREEN WALSH | ||||||||
| SECRETARY | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEVEN T SABATINI | ||||||||
| CHAIR | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DR JOAN H FACELLE MD | ||||||||
| VICE CHAIR | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN BARTOLOTTA | ||||||||
| TRUSTEE | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LAWRENCE BATES | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH CHARLES | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW COOKE | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN T DILLON JR | ||||||||
| TRUSTEE | 7.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DOROTHY C FILORAMO | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SR MARY FLOOD OP MD PH | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $18,000 | ||
| DR JOHN FLYNN | ||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM GOVE | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR BERNADETTE KAPPEN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY LEAHY | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LILIANA LOPEZ | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KENNETH R MARKS | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BARBARA MCENEAY OP | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL MCLAUGHLIN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| THOMAS MCNAMARA | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES O'BRIEN | ||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SR MARY EILEEN O'BRIEN OP | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RON OLORI JR | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR CLEMENT Y OSEI MD | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROSS PEPE | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL PERRY | ||||||||
| TRUSTEE (THRU 06/30/25) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN QUINN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL SANTOS | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR ERINMARIE SULLIVAN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES T TOOLEN | ||||||||
| TRUSTEE | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SR DIDI MADDEN | ||||||||
| TRUSTEE (AS OF 07/24) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD TED DOERING | ||||||||
| TRUSTEE (AS OF 07/24) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHLEEN MCMANUS | ||||||||
| TRUSTEE (AS OF 07/24) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANTHONY J CIPOLLA | ||||||||
| VP FINANCIAL AFFAIRS | 35.00 | 0.00 | Yes (X) | $151,727 | $0 | $18,451 | ||
| THOMAS NOWAK | ||||||||
| VP OF ACADEMIC AFFAIRS | 35.00 | 0.00 | Yes (X) | $128,312 | $0 | $8,641 | ||
| MICHAEL KELLY | ||||||||
| DIRECTOR OF GRADUATE STUDIES | 35.00 | 0.00 | $150,731 | $0 | $21,947 | Yes (X) | ||
| JOSEPH VALENTI | ||||||||
| VP INSTITUTIONAL ADVANCEMENT | 35.00 | 0.00 | $155,565 | $0 | $34,218 | Yes (X) | ||
| JOHN BURKE | ||||||||
| VP FOR STUDENT AFFAIRS | 35.00 | 0.00 | $165,967 | $0 | $34,293 | Yes (X) | ||
| NANCY DIDONA | ||||||||
| PROFESSOR AND DIRECTOR, NURSING | 35.00 | 0.00 | $161,757 | $0 | $248 | Yes (X) | ||
| RUSSELL DIAZ | ||||||||
| EXECUTIVE DIRECTOR OF IT | 35.00 | 0.00 | $137,554 | $0 | $19,487 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,300,246 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $166,436 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 25 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CHARTWELLS DINING SERVICES | |||||
| 16100 W 127TH STREET | LEMONT | IL | 60439 | DINING SERVICES | $3,236,883 |
| ARAMARK SERVICES INC | |||||
| 51 S PEARL ST STE 17 | ALBANY | NY | 12207 | FACILITIES MANAGEMENT | $2,485,697 |
| ARROW SECURITY | |||||
| 300 W MAIN STREET | SMITHTOWN | NY | 11787 | SECURITY | $724,191 |
| JENZABAR INC | |||||
| 111 HUNTINGTON AVE STE 530 | BOSTON | MA | 02199 | IT SERVICES | $355,597 |
| THE LANDTEK GROUP INC | |||||
| 235 COUNTY LINE ROAD | AMITYVILLE | NY | 11701 | CONSTRUCTION | $311,800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 21 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $208,668 | FundraisingAmt |
| Government Grants | $3,097,662 | GovernmentGrantsAmt |
| All Other Contributions | $2,347,303 | AllOtherContributionsAmt |
| Noncash Contributions | $1,168 | NoncashContributionsAmt |
| Total Contributions | $5,653,633 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 900099 | $45,870,342 | $45,870,342 |
| ROOM & BOARD(AUX ENT.) | 611710 | $7,550,409 | $7,550,409 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $53,420,751 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $260,602 | TotalRevenueColumnAmt |
| Exclusion | $260,602 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $44,845 | TotalRevenueColumnAmt |
| Exclusion | $44,845 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $342,264 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $342,264 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $342,264 | TotalRevenueColumnAmt |
| Exclusion | $342,264 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $485,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $485,000 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $485,000 | TotalRevenueColumnAmt |
| Exclusion | $485,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $67,750 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $208,668 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $123,191 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$55,441 | TotalRevenueColumnAmt |
| Exclusion | -$55,441 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STUDENT FEES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $51,288 | TotalRevenueColumnAmt |
| Exclusion | $51,288 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $140,655 | TotalRevenueColumnAmt |
| Exclusion | $140,655 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $191,943 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,343,597 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $53,420,751 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,269,213 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,339,758 | TotalAmt |
| Program Services | $19,339,758 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $612,126 | TotalAmt |
| Program Services | $163,200 | ProgramServicesAmt |
| Management And General | $448,926 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,722,270 | TotalAmt |
| Program Services | $14,440,385 | ProgramServicesAmt |
| Management And General | $1,662,642 | ManagementAndGeneralAmt |
| Fundraising | $619,243 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,454,580 | TotalAmt |
| Program Services | $2,099,906 | ProgramServicesAmt |
| Management And General | $265,615 | ManagementAndGeneralAmt |
| Fundraising | $89,059 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,190,262 | TotalAmt |
| Program Services | $1,017,184 | ProgramServicesAmt |
| Management And General | $129,994 | ManagementAndGeneralAmt |
| Fundraising | $43,084 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,364 | TotalAmt |
| Management And General | $44,364 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,194 | TotalAmt |
| Management And General | $164,194 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,600 | TotalAmt |
| Program Services | $133,600 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,722 | TotalAmt |
| Management And General | $35,722 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,256,764 | TotalAmt |
| Management And General | $2,256,764 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,070,603 | TotalAmt |
| Program Services | $817,106 | ProgramServicesAmt |
| Management And General | $90,212 | ManagementAndGeneralAmt |
| Fundraising | $163,285 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $494,843 | TotalAmt |
| Program Services | $427,317 | ProgramServicesAmt |
| Management And General | $49,201 | ManagementAndGeneralAmt |
| Fundraising | $18,325 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $634,546 | TotalAmt |
| Program Services | $547,957 | ProgramServicesAmt |
| Management And General | $63,091 | ManagementAndGeneralAmt |
| Fundraising | $23,498 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,272,992 | TotalAmt |
| Program Services | $4,122,123 | ProgramServicesAmt |
| Management And General | $80,828 | ManagementAndGeneralAmt |
| Fundraising | $70,041 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $247,217 | TotalAmt |
| Program Services | $213,482 | ProgramServicesAmt |
| Management And General | $24,580 | ManagementAndGeneralAmt |
| Fundraising | $9,155 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,680 | TotalAmt |
| Program Services | $35,673 | ProgramServicesAmt |
| Management And General | $3,571 | ManagementAndGeneralAmt |
| Fundraising | $436 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,729,351 | TotalAmt |
| Program Services | $1,348,892 | ProgramServicesAmt |
| Management And General | $380,459 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,676,338 | TotalAmt |
| Program Services | $2,585,343 | ProgramServicesAmt |
| Management And General | $48,174 | ManagementAndGeneralAmt |
| Fundraising | $42,821 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $796,983 | TotalAmt |
| Program Services | $474,205 | ProgramServicesAmt |
| Management And General | $306,838 | ManagementAndGeneralAmt |
| Fundraising | $15,940 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| STUDENT FOOD SERVICES | $2,969,906 | $2,969,906 | |
| SECURITY SERVICES | $603,462 | $543,116 | $60,346 |
| ATHLETICS DEPT. EXP. | $581,569 | $581,569 | |
| STUDENT ACTIV/PROG. | $385,250 | $385,250 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,347,957 | TotalAmt |
| Program Services | $969,904 | ProgramServicesAmt |
| Management And General | $378,053 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,804,337 | TotalAmt |
| Program Services | $53,215,876 | ProgramServicesAmt |
| Management And General | $6,493,574 | ManagementAndGeneralAmt |
| Fundraising | $1,094,887 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,470 | BOYAmt |
| EOY | $1,470 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,434,976 | BOYAmt |
| EOY | $7,261,740 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $841,839 | BOYAmt |
| EOY | $656,456 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,257,253 | BOYAmt |
| EOY | $2,509,015 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $218,152 | BOYAmt |
| EOY | $214,010 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $97,922,108 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $47,604,079 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,092,469 | BOYAmt |
| EOY | $50,318,029 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,099,735 | BOYAmt |
| EOY | $5,690,520 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,231,946 | BOYAmt |
| EOY | $5,915,568 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,177,840 | BOYAmt |
| EOY | $72,566,808 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,864,591 | BOYAmt |
| EOY | $2,052,892 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,645,659 | BOYAmt |
| EOY | $3,845,489 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,926,440 | BOYAmt |
| EOY | $25,766,477 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,752,057 | BOYAmt |
| EOY | $5,355,909 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,505,000 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,084,989 | BOYAmt |
| EOY | $2,451,834 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,778,736 | BOYAmt |
| EOY | $39,472,601 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,453,425 | BOYAmt |
| EOY | $28,111,333 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,945,679 | BOYAmt |
| EOY | $4,982,874 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,399,104 | BOYAmt |
| EOY | $33,094,207 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,177,840 | BOYAmt |
| EOY | $72,566,808 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$460,740 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $461,918 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$306,075 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $133,600 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $133,600 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY DOES NOT UNDERTAKE ANY DIRECT LOBBYING ACTIVITIES. THE UNIVERSITY IS A MEMBER IN SEVERAL HIGHER EDUCATION ASSOCIATIONS TO WHICH IT PAYS DUES. WHILE THE UNIVERSITY ACKNOWLEDGES THAT A PORTION OF ITS ANNUAL MEMBERSHIP DUES MAY BE RELATED TO NON-DEDUCTIBLE LOBBYING ACTIVITIES, NO ACCURATE QUANTIFICATION OF THAT AMOUNT HAS BEEN RECEIVED FROM THE RESPECTIVE INSTITUTIONS. THE UNIVERSITY DOES ENGAGE THE SERVICES OF A CONSULTING FIRM, EMPIRE STRATEGIES LTD, THAT UNDERTAKES CERTAIN ADVOCACY ENDEAVORS ON THE UNIVERSITY'S BEHALF. EMPIRE STRATEGIES LTD WAS PAID $133,600 (SEE PART IX, LINE 11(D)) TO PROVIDE LEGISLATIVE AND REGULATORY REPRESENTATION ON VARIOUS HIGHER EDUCATION ISSUES. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $2,280,490 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | Yes (1) | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,129,431 | BeginningYearBalanceAmt |
| Contributions | $666,722 | ContributionsAmt |
| Investment Earnings Or Losses | $688,138 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $348,705 | OtherExpendituresAmt |
| End Year Balance | $6,135,586 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,453,474 | BeginningYearBalanceAmt |
| Contributions | $114,269 | ContributionsAmt |
| Investment Earnings Or Losses | $861,688 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $4,300,000 | AdministrativeExpensesAmt |
| End Year Balance | $5,129,431 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,021,538 | BeginningYearBalanceAmt |
| Contributions | $136,850 | ContributionsAmt |
| Investment Earnings Or Losses | $695,086 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $1,400,000 | AdministrativeExpensesAmt |
| End Year Balance | $8,453,474 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,904,522 | BeginningYearBalanceAmt |
| Contributions | $346,754 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,229,738 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $9,021,538 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,224,291 | BeginningYearBalanceAmt |
| Contributions | $822,452 | ContributionsAmt |
| Investment Earnings Or Losses | $1,857,779 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $9,904,522 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.22450 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.51680 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.25870 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,957,021 | OtherCostOrOtherBasisAmt |
| Book Value | $8,957,021 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $69,548,554 | OtherCostOrOtherBasisAmt |
| Depreciation | $32,441,642 | DepreciationAmt |
| Book Value | $37,106,912 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,236,199 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,311,502 | DepreciationAmt |
| Book Value | $1,924,697 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,180,334 | OtherCostOrOtherBasisAmt |
| Depreciation | $850,935 | DepreciationAmt |
| Book Value | $2,329,399 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $50,318,029 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RIGHT-OF-USE ASSETS | $2,219,390 |
| OTHER RECEIVABLES | $3,696,178 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $5,915,568 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OPERATING LEASE LIABILITIES | $2,238,540 |
| FINANCING LEASE LIABILITIES | $213,294 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,451,834 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $41,588,947 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $461,918 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $123,190 | OtherRevenueAmt |
| Revenue Not Reported | $585,108 | RevenueNotReportedAmt |
| Revenue Subtotal | $41,003,839 | RevenueSubtotalAmt |
| Other Revenues Not Included | $19,339,758 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $19,339,758 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $60,343,597 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $41,587,769 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $123,190 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $123,190 | ExpensesNotReportedAmt |
| Expenses Subtotal | $41,464,579 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $19,339,758 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $19,339,758 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $60,804,337 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | COLLECTIONS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS THE UNIVERSITY OCCASIONALLY RECEIVES DONATIONS OF ARTWORK THAT IT INTENDS TO USE IN FULFILLMENT OF ITS TAX-EXEMPT MISSION, EITHER BY DISPLAYING THE ARTWORK ON CAMPUS FOR THE ENJOYMENT OF ITS STUDENTS, FACULTY AND VISITORS, OR FOR INTEGRATION INTO THE UNIVERSITY'S ART CURRICULUM. |
| PART V, LINE 4: | ENDOWMENT FUNDS THE UNIVERSITY'S SCHOLARSHIP ENDOWMENT CONSISTS OF 30 FUNDS INTENDED TO SUPPORT THE UNIVERSITY'S EDUCATIONAL MISSION, TO SUPPORT ITS STUDENT ACTIVITIES AND PROGRAMS AND TO PRESERVE AND FOSTER THE UNIVERSITY'S TRADITIONS. THE FUND'S PRINCIPAL IS INTENDED TO REMAIN UNTOUCHED, WHILE THE EARNINGS ARE DEDICATED TO THE CONTINUANCE AND ENHANCEMENT OF THE EDUCATION OF THE UNIVERSITY'S STUDENTS. THE QUASI-ENDOWMENT IS A BOARD DESIGNATED FUND TO HELP PROVIDE FOR THE FUTURE NEEDS OF THE UNIVERSITY. |
| PART X, LINE 2: | INCOME TAXES THE UNIVERSITY FOLLOWS GUIDANCE THAT 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 GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY IRC. THE UNIVERSITY 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 WAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE UNIVERSITY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RECLASSIFICATION OF EVENT EXPENSES TO OFFSET REVENUE 123,190. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RECLASSIFICATION OF SCHOLARSHIPS TO OFFSET REVENUE 19,339,758. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RECLASSIFICATION OF EVENT EXPENSES TO OFFSET REVENUE 123,190. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RECLASSIFICATION OF SCHOLARSHIPS TO OFFSET REVENUE 19,339,758. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE UNIVERSITY PUBLISHES ITS NONDISCRIMINATION POLICY IN SUFFICIENT MEDIA THAT WOULD ALLOW ANY MEMBER OF THE PUBLIC TO OBTAIN IT WITHOUT THE NEED FOR A SPECIFIC REQUEST. |
| SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY RECEIVES STATE GRANTS FROM THE NEW YORK DEPARTMENT OF EDUCATION AND FEDERAL GRANTS FROM SEVERAL DIFFERENT AGENCIES, THAT ARE EARMARKED TO BENEFIT CERTAIN ACADEMIC PROGRAMS OR CAPITAL PROJECTS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF OUTING | Event1Nm |
| Gross Receipts Event1 | $114,100 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $102,274 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $11,826 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $36,311 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $24,207 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $5,501 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $4,740 | OtherDirectExpensesEvent1Amt |
| Event2 | DINNER DANCE | Event2Nm |
| Gross Receipts Event2 | $122,826 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $66,902 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $55,924 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $10,496 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $10,496 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $5,435 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $2,845 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $39,492 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $39,492 | CharitableContriOtherEventsAmt |
| Food And Beverage Other Events | $10,759 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $10,758 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $1,643 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $276,418 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $208,668 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $67,750 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $46,807 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $45,462 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $21,694 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $9,228 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $123,191 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$55,441 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| UNIVERSITY BASED SCHOLARSHIP | 4575 | $19,061,809 |
| FEDERAL GOVERNMENT BASED AID | 183 | $77,622 |
| PRIVATE SCHOLARSHIP | 195 | $200,327 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS AND ASSISTANCE IN THE UNITED STATES THE AWARDING OF STUDENT FINANCIAL AID GRANTS UNDER THE U.S. DEPARTMENT OF EDUCATION'S STUDENT FINANCIAL ASSISTANCE PROGRAM IS MONITORED BY THE UNIVERSITY'S STUDENT FINANCIAL SERVICES OFFICE, WHICH ENSURES THAT THE UNIVERSITY MEETS THE COMPLIANCE REQUIREMENTS OF TITLE 2, US CODE OF FEDERAL REGULATIONS (CFR) PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS. THE UNIVERSITY'S STUDENT FINANCIAL SERVICES OFFICE IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING EFFECTIVE INTERNAL CONTROL OVER COMPLIANCE WITH THE REQUIREMENTS OF LAWS, REGULATIONS, CONTRACTS, AND GRANTS APPLICABLE TO FEDERAL PROGRAMS. ALL STUDENTS RECEIVING SCHOLARSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, ATHLETIC ABILITY AND OTHER SIMILAR STANDARDS. MONITORING OF FEDERAL AND FOUNDATION GRANTS SUPPORTING UNIVERSITY OPERATING ACTIVITIES IS COORDINATED BETWEEN THE CONTROLLER'S OFFICE, THE PROJECT MANAGER ASSIGNED TO THE GRANT PROJECT AND THE VP OF INSTITUTIONAL ADVANCEMENT. THESE OFFICES AND INDIVIDUALS ENSURE THAT APPROPRIATE CONTROLS ARE ESTABLISHED AND THAT GRANT REQUIREMENTS FOR DOCUMENTATION, TRACKING, EXPENDITURE OF FUNDS AND REPORTING ARE MET. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR MANUEL MARTINEZ | ||||||||||||||
| PRESIDENT (AS OF 07/24) | $248,633 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11,151 | $0 | $259,784 | $0 | $0 | $0 |
| JOHN BURKE | ||||||||||||||
| VP FOR STUDENT AFFAIRS | $165,967 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34,293 | $0 | $200,260 | $0 | $0 | $0 |
| JOSEPH VALENTI | ||||||||||||||
| VP INSTITUTIONAL ADVANCEMENT | $155,565 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34,218 | $0 | $189,783 | $0 | $0 | $0 |
| MICHAEL KELLY | ||||||||||||||
| DIRECTOR OF GRADUATE STUDIES | $150,731 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21,947 | $0 | $172,678 | $0 | $0 | $0 |
| ANTHONY J CIPOLLA | ||||||||||||||
| VP FINANCIAL AFFAIRS | $151,727 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18,451 | $0 | $170,178 | $0 | $0 | $0 |
| NANCY DIDONA | ||||||||||||||
| PROFESSOR AND DIRECTOR, NURSING | $161,757 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $248 | $0 | $162,005 | $0 | $0 | $0 |
| RUSSELL DIAZ | ||||||||||||||
| EXECUTIVE DIRECTOR OF IT | $137,554 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19,487 | $0 | $157,041 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | SISTER MARY FLOOD, TRUSTEE, IS A MEMBER OF THE SISTERS OF ST. DOMINIC OF BLAUVELT AND RECEIVES FREE HOUSING PROVIDED BY THE UNIVERSITY. THE FAIR MARKET VALUE OF THE HOUSING ALLOWANCE (APPROXIMATELY $18,000) IS EXCLUDED FROM HER SALARY, AS IT REPRESENTS A PERMISSIBLE NONTAXABLE FRINGE BENEFIT UNDER SECTION 107 OF THE INTERNAL REVENUE CODE FOR MEMBERS OF A RELIGIOUS ORDER. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROCKLAND COUNTY ECONOMIC ASSISTANCE CORPORATION (2025 SUBSERIES A) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 274524167 | BondIssuerEIN |
| CUSIP | 77356HAA8 | CUSIPNum |
| Bond Issued | 2025-01-30 | BondIssuedDt |
| Issue Price | $27,596,151 | IssuePriceAmt |
| Purpose | FINANCING/REFUNDING CAPITAL FACILITIES | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $27,596,151 | TotalProceedsAmt |
| In Reserve Fund | $551,923 | InReserveFundAmt |
| Refunding Escrow | $2,525,565 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $1,125,602 | IssuanceCostsFromProceedsAmt |
| Working Capital Expenditures | $250,000 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $21,647,164 | CapitalExpendituresAmt |
| Unspent | $1,745,897 | UnspentAmt |
| Substantial Completion | 2025 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE K: | FormAndLineReferenceDesc |
| Explanation | THE SERIES 2025A BONDS WERE ISSUED TO REFUND PRIOR CAMPUS FINANCINGS, FUND CAPITAL IMPROVEMENTS AT THE UNIVERSITY'S PRUSMACK CENTER, ESTABLISH A DEBT SERVICE RESERVE FUND, RETIRE CERTAIN MORTGAGE DEBT, PAY COSTS OF ISSUANCE, AND PROVIDE LIMITED WORKING CAPITAL. ALL BOND-FINANCED FACILITIES ARE OWNED AND OPERATED BY DOMINICAN UNIVERSITY NEW YORK IN FURTHERANCE OF ITS EXEMPT EDUCATIONAL MISSION. THE UNIVERSITY COVENANTS TO COMPLY WITH APPLICABLE POST-ISSUANCE TAX COMPLIANCE AND ARBITRAGE RESTRICTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1 | THE AIM OF DOMINICAN UNIVERSITY NEW YORK IS TO PROMOTE EDUCATIONAL EXCELLENCE, LEADERSHIP, AND SERVICE IN AN ENVIRONMENT CHARACTERIZED BY RESPECT FOR THE INDIVIDUAL AND CONCERN FOR THE COMMUNITY AND ITS NEEDS. FOUNDED BY THE DOMINICAN SISTERS OF BLAUVELT, THE UNIVERSITY IS AN INDEPENDENT INSTITUTION OF HIGHER LEARNING, CATHOLIC IN ORIGIN AND HERITAGE. IN THE DOMINICAN TRADITION, IT FOSTERS THE ACTIVE, SHARED PURSUIT OF TRUTH AND EMBODIES AN IDEAL OF EDUCATION ROOTED IN THE VALUES OF REFLECTIVE UNDERSTANDING AND COMPASSIONATE INVOLVEMENT. COMMITTED TO BUILDING ITS PROGRAMS UPON A STRONG FOUNDATION IN THE LIBERAL ARTS AND SCIENCES, THE UNIVERSITY MAINTAINS A STUDENT-CENTERED CLIMATE AND SERVES A DIVERSE COMMUNITY OF STUDENTS IN UNDERGRADUATE AND GRADUATE PROGRAMS. THE UNIVERSITY EMPOWERS THIS COMMUNITY OF LEARNERS TO EXCEL, LEAD AND SERVE WITH INTEGRITY AND TO ENGAGE RESPONSIBLY IN THE PURSUIT OF A MORE JUST, ETHICAL AND SUSTAINABLE WORLD. DOMINICAN UNIVERSITY NEW YORK IS DEDICATED TO THE PRINCIPLE THAT ITS EDUCATIONAL PROGRAMS AND SERVICES MUST BE BOTH CHALLENGING AND SUPPORTIVE, DISTINGUISHED BOTH BY HIGH STANDARDS AND BY ATTENTION TO THE NEEDS AND POTENTIAL OF THE INDIVIDUAL STUDENT. AFFIRMED AND ENGAGED BY THESE STANDARDS AND VALUES, GRADUATES ARE PREPARED FOR PURPOSEFUL LIVES AND FOR THE CAREERS AND PROFESSIONS THEY CHOOSE TO PURSUE. |
| FORM 990, PART IV, LINE 34 | RELATED PARTIES DISCLOSURE THE UNIVERSITY WAS FOUNDED BY THE SISTERS OF ST. DOMINIC OF BLAUVELT IN 1952 AS A THREE-YEAR LIBERAL ARTS UNIVERSITY IN THE CATHOLIC TRADITION, OFFERING A TEACHER PREPARATION PROGRAM FOR WOMEN RELIGIOUS. THE UNIVERSITY DEEMS THE SISTERHOOD TO BE A RELATED PARTY OF THE UNIVERSITY, BUT SINCE THE SISTERS DO NOT MEET THE IRS DEFINITION OF A RELATED PARTY, THE UNIVERSITY HAS OPTED TO NOT COMPLETE A SCHEDULE R. IN THE INTERESTS OF FULL DISCLOSURE, THE UNIVERSITY IS INCLUDING THIS SCHEDULE O NARRATIVE TO DISCLOSE THE RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | PROCESS USED TO REVIEW FORM 990 THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE FINAL DRAFT OF THE FORM 990. THE AUDIT COMMITTEE MAKES RECOMMENDATIONS ON CHANGES AS NECESSARY. THE COMMITTEE VOTES TO APPROVE THE FORM 990 AND ARRANGES TO HAVE THE APPROVED FORM 990 SENT TO EACH BOARD MEMBER FOR REVIEW AND COMMENTS. THE AUDIT COMMITTEE RESOLVES INQUIRIES FROM BOARD MEMBERS AFTER THEIR REVIEW. ONCE THE PROCESS IS COMPLETE, THE UNIVERSITY SUBMITS THE FORM 990 TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ENFORCEMENT & MONITORING OF CONFLICT OF INTEREST POLICY THE UNIVERSITY REQUIRES ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES TO COMPLETE AN ANNUAL QUESTIONNAIRE THAT REQUIRES THE INDIVIDUALS TO DISCLOSE ANY TRANSACTIONS THAT MAY POTENTIALLY RESULT IN A CONFLICT OF INTEREST. THESE ARE REVIEWED BY THE BOARD CHAIRMAN AND THE PRESIDENT OF THE UNIVERSITY. THE VP FOR FINANCIAL AFFAIRS COLLECTS THE KEY EMPLOYEE DISCLOSURE FORMS AND REVIEWS THEM WITH THE PRESIDENT OF THE UNIVERSITY. TO THE EXTENT THAT A CONFLICT OF INTEREST IS DISCOVERED, THE TRANSACTION IS VETTED IMMEDIATELY AND THE APPROPRIATE ACTION UNDERTAKEN. |
| FORM 990, PART VI, SECTION B, LINE 15 | PROCESS FOR DETERMINING COMPENSATION THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES SERVES AS THE COMPENSATION COMMITTEE WHICH REVIEWS AND APPROVES ALL KEY EMPLOYEE ANNUAL COMPENSATION WITHOUT ANY CONFLICT OF INTEREST WITH RESPECT TO THAT COMPENSATION. THE COMMITTEE USED COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PEOPLE IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THIS IS AN ANNUAL PROCESS WHERE CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATION AND DECISION REGARDING THE COMPENSATION ARRANGEMENT IS RECORDED. THE COMMITTEE UTILIZES DATA FROM CUPA-HR AS COMPARATIVE DATA FOR ANALYSIS. DOMINICAN UNIVERSITY NEW YORK COMMISSIONED ITS LAST COMPENSATION SURVEY IN MARCH OF 2023. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABILITY OF DOCUMENTS TO THE PUBLIC MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. 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 XI, LINE 9: | LOSS ON BOND REFINANCING -306,075. |