2022-12-22T09:04:44-06:00 2022-05-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2021-06-01 160909446 TROCAIRE COLLEGE TROC 7168261200 360 CHOATE AVE BUFFALO NY 142202094 MICHAEL CUCINOTTA VICE PRESIDENT OF FINANCE 7168261200 2022-12-20 1 MICHAEL CUCINOTTA XXX-XX-XXXX JOHN P SCHIAVONE P00040031 7168563300 2022-12-20 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MICHAEL CUCINOTTA 360 CHOATE AVE BUFFALO NY 142202094 33102682 0 X WWW.TROCAIRE.EDU X 1958 NY TROCAIRE IS THE COLLEGE WHERE LIVES ARE TRANSFORMED. OUR STUDENTS WILL BE GRADUATES OF CHOICE IN CAREER-ORIENTED PROFESSIONS. 25 24 343 75 0 0 3233978 8562673 21285447 17976738 4484487 1123380 75427 53177 29079339 27715968 3425829 4105547 0 0 11390658 11261304 0 0 1057175 7403788 7731429 22220275 23098280 6859064 4617688 49582632 48308094 4345358 1903976 45237274 46404118 X TROCAIRE COLLEGE, A PRIVATE, CAREER-ORIENTED CATHOLIC COLLEGE, IN THE SPIRIT OF THE SISTERS OF MERCY, STRIVES TO EMPOWER STUDENTS TOWARD PERSONAL ENRICHMENT, DIGNITY AND SELF-WORTH THROUGH EDUCATION IN A VARIETY OF PROFESSIONS AND IN THE LIBERAL ARTS. RECOGNIZING THE INDIVIDUAL NEEDS OF A DIVERSE STUDENT BODY, TROCAIRE COLLEGE PROVIDES LIFE LEARNING AND DEVELOPMENT WITHIN A COMMUNITY-BASED ENVIRONMENT. TROCAIRE COLLEGE PREPARES STUDENTS FOR SERVICE IN THE UNIVERSAL COMMUNITY. 0 0 12560546 4105547 17976738 INSTRUCTION - A 4-YEAR, PRIMARILY ASSOCIATE'S DEGREE-GRANTING PRIVATE NOT-FOR-PROFIT COLLEGE, OFFERING PRE-BACCALAUREATE CERTIFICATES, ASSOCIATE'S DEGREES AND BACHELOR'S DEGREES, REACHING APPROXIMATELY 1,000 FULL-AND PART-TIME CREDIT STUDENTS, WITH THREE ACADEMIC SEMESTERS (FALL, SPRING, SUMMER) AND OFFERING COURSES DURING THE DAY, IN THE EVENING, ON WEEKENDS AND VIA DISTANCE EDUCATION, AS WELL AS PROVIDING NON-CREDIT LIFELONG LEARNING AND CONTINUING EDUCATION 4180028 ACADEMIC SUPPORT INCLUDES SERVICES TO STUDENTS IN THE FOLLOWING AREAS: LIBRARY, LEARNING CENTER, STUDENT GOVERNMENT, ADMISSIONS, FINANCIAL ASSISTANCE, STUDENT RECORDS, ADVISEMENT, BILLING, CAREER COUNSELING, AND HEALTH RECORDS 16740574 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 65 0 1 343 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BARBARA EGGLESTON ACCOUNTING DIREC 7168261200 360 CHOATE AVE BUFFALO NY 14220 THOMAS H WARING JR BOARD CHAIR 2.00 X X 0 0 0 LISA M KIRISITS CPA VICE CHAIR 2.00 X X 0 0 0 TRACEY A MAW SECRETARY 2.00 X X 0 0 0 WILLIAM BARRETT WADSWORTH TREASURER 2.00 X X 0 0 0 PEG ADAMS BOARD MEMBER 2.00 X 0 0 0 BRIAN F ATTEA BOARD MEMBER 2.00 X 0 0 0 JUSTIN P AZZARELLA BOARD MEMBER 2.00 X 0 0 0 LAWRENCE E CHRIST BOARD MEMBER 2.00 X 0 0 0 SISTER ANNE CURTIS RSM BOARD MEMBER 2.00 X 0 0 0 SISTER M JEANNE THOMAS DANAHY BOARD MEMBER 2.00 X 0 0 0 SARAH E GILSON BOARD MEMBER 2.00 X 0 0 0 ANGELA LAVIANO HAMISTER BOARD MEMBER 2.00 X 0 0 0 RICHARD P HERSHBERGER PHD BOARD MEMBER 2.00 X 0 0 0 KATHY JAMIL BOARD MEMBER 2.00 X 0 0 0 TERESA M MAJORS CPA BOARD MEMBER 2.00 X 0 0 0 SISTER LISA MARY MCCARTNEY RSM BOARD MEMBER 2.00 X 0 0 0 GERRY NAGLE BOARD MEMBER 2.00 X 0 0 0 JAMES NOTARO PHD BOARD MEMBER 2.00 X 0 0 0 MICHAEL P RADE MD BOARD MEMBER 2.00 X 0 0 0 JEFFREY RUBIN DMD BOARD MEMBER 2.00 X 0 0 0 SISTER MARY ANN SCHIMSCHEINER BOARD MEMBER 2.00 X 0 0 0 ROB SWANN BOARD MEMBER 2.00 X 0 0 0 LISA M WHEELER BOARD MEMBER 2.00 X 0 0 0 SEAN WILLETT BOARD MEMBER 2.00 X 0 0 0 BASSAM M DEEB PHD PRESIDENT 40.00 X X 281698 0 45058 MICHAEL CUCINOTTA VP FINANCE 40.00 X 132959 0 25256 GARY M SMITH VP INNOVATION AND WORKFORC 40.00 X 149136 0 34471 JANET E PETERS CHIEF HUMAN RESOURCES OFFICER 40.00 X 106540 0 30610 RICHARD LINN SENIOR VICE PRESIDENT 40.00 X 133002 0 34681 ALLYSON LOWE VP ACADEMIC AFFAIRS 40.00 X 127619 0 28294 ANN-MARIE JOHN DEAN OF NURSING 40.00 X 132455 0 32483 1063409 0 230853 12 0 1 0 MCALLISTER & QUINN LLC 1030 15TH STREET NW WASHINGTON DC 20005 CONSULTING 104400 1 156863 7953047 452763 8562673 STUDENT TUITION AND FEES 611710 17426826 17426826 LIFELONG LEARNING 611710 549912 549912 17976738 573233 573233 1000 0 1000 1000 1000 5587218 294286 5283099 48258 304119 246028 550147 550147 24169 156863 55357 -31188 -31188 BOOKSTORE COMMISSIONS 561439 36878 36878 MISCELLANEOUS 611710 29357 29357 TRAINING FEES 611710 17130 17130 83365 27715968 17976738 0 1176557 4105547 4105547 497652 497652 8384244 6956641 1141837 285766 455258 385344 54085 15829 1263028 1035039 185472 42517 661122 522466 117194 21462 119472 119472 2933474 1300702 1564605 68167 203210 53189 145120 4901 1668808 1173751 495057 REPAIRS AND MAINTENANCE 1618057 1151122 466935 CONTRACTED SERVICES 1113820 56773 438514 618533 STRATEGIC INITIATIVES 74588 74588 23098280 16740574 5300531 1057175 688278 504646 1618831 1642619 354849 476846 386370 255160 18195042 11894889 7521572 6300153 32761249 30423431 6251483 8705239 49582632 48308094 1622369 1613071 337289 290905 2385700 0 4345358 1903976 X 41400759 42487990 3836515 3916128 45237274 46404118 49582632 48308094 4617688 -3450844 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1638240 237946 -99650 33800 1742736 1090118 309960 238862 700 1638240 473438 553536 68144 5000 1090118 473832 6606 7000 473438 442519 34813 3500 473832 0.88600 0.11400 0 0 1119064 1119064 13180855 8896763 4284092 3895123 2998126 896997 6300153 CASH AND CASH EQUIVALENTS 6766270 F OTHER INVESTMENTS 1938969 F 8705239 22195564 -3450844 -3450844 25646408 119472 1950088 2069560 27715968 21028720 0 21028720 119472 1950088 2069560 23098280 PART V, LINE 4: ENDOWMENT FUNDS ARE RESTRICTED FOR TIME BY THE US DEPARTMENT OF EDUCATION, AND AFTER A CERTAIN POINT, THE COLLEGE CAN USE THEM FOR UNRESTRICTED PURPOSES. PART XI, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS ETC 1,950,088. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS ETC 1,950,088. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE COLLEGE CATALOG, AN IMPORTANT PART OF THEIR PROMOTIONAL LITERATURE. A SHORTENED VERSION APPEARS IN OTHER PUBLICATIONS SUCH AS BROCHURES, ADVERTISEMENTS, AND COURSE SCHEDULES. SCHEDULE E, PART I, LINE 6 GOVERNMENT SUBSIDIZED LOANS SPRING SOIREE 181032 156863 24169 55357 181032 156863 24169 55357 55357 -31188 1 SCHOLARSHIPS, TUITION DISCOUNTS, AND STUDENT AID FOR STUDENTS ATTENDING TROCAIRE COLLEGE. 1509 1327365 663682 FMV EDUCATIONAL SUPPLIES SUCH AS TEXTBOOKS, NOTEBOOKS, WRITING MATERIALS, PROGRAM SPECIFIC SUPPLIES, AND OTHER VARIOUS EDUCATIONAL RELATED SUPPLIES. STUDENT AID RELATING TO CRRSA AND ARP ACTS 1548 2114500 FMV PAYMENT MADE DIRECTLY TO STUDENT THROUGH CRRSA AND ARP ACT PART I, LINE 2: ONCE TROCAIRE COLLEGE AWARDS SCHOLARSHIPS, DISCOUNTS, AND/OR STUDENT AID, AND THE STUDENT ACCEPTS THOSE FUNDS, THE COLLEGE DIRECTLY CREDITS THE STUDENTS TUITION BILL. X 1 1 X X 0 0 0 0 0 0 0 0 0 BASSAM M DEEB PHD PRESIDENT 281698 0 0 0 0 0 22252 0 22806 0 326756 0 0 0 GARY M SMITH VP INNOVATION AND WORKFORC 149136 0 0 0 0 0 11411 0 23060 0 183607 0 0 0 RICHARD LINN SENIOR VICE PRESIDENT 133002 0 0 0 0 0 10140 0 24541 0 167683 0 0 0 ANN-MARIE JOHN DEAN OF NURSING 132455 0 0 0 0 0 9423 0 23060 0 164938 0 0 0 MICHAEL CUCINOTTA VP FINANCE 132959 0 0 0 0 0 2450 0 22806 0 158215 0 0 0 ALLYSON LOWE VP ACADEMIC AFFAIRS 127619 0 0 0 0 0 10339 0 17955 0 155913 0 0 0 PART I, LINE 1A THE COLLEGE PAYS THE MEMBERSHIP DUES FOR THE PRESIDENT AT A LOCAL SOCIAL CLUB AS THE SOCIAL CLUB IS USED TO HAVE MEETINGS OF THE BOARD AS WELL AS MEETINGS WITH POTENTIAL SUPPORTERS OF THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS DISTRIBUTED TO THE MEMBERS OF THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. AFTER REVIEW, THE COMMITTEE PUTS FORTH A RECOMMENDATION TO THE FULL BOARD AT ITS NEXT MEETING TO APPROVE THE 990 AND AUTHORIZES THE VICE PRESIDENT OF FINANCE TO SIGN THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF TRUSTEES ANNUALLY REVIEWS AND COMPLETES THE "CONFLICT OF INTEREST STATEMENT". KEY EMPLOYEES ARE REQUIRED TO REPORT ANY POSSIBLE CONFLICTS TO THEIR SUPERVISORS BY COMPLETING THE "CONFLICT OF INTEREST DISCLOSURE FORM". NO ANNUAL MONITORING OF KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR CEO/TOP MANAGEMENT IS REVIEWED AND SET BY THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES HAS A WRITTEN CONTRACT WITH THE PRESIDENT OF THE COLLEGE, AND IN ESTABLISHING A SALARY, THERE IS AN ASSESSMENT OF COMPARABLE PRESIDENT SALARIES. COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS BASED ON POSITION RESPONSIBILITIES AND OTHER COMPARABLE EXISTING EMPLOYEES SALARY LEVELS. FACULTY SALARY DECISIONS ARE GUIDED BY THE COLLECTIVE BARGAINING AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE PUBLIC CAN CONTACT THE PRESIDENT'S OFFICE DIRECTLY AND REQUEST TO SEE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR FINANCIAL STATEMENTS. THE REQUIRED DOCUMENTATION IS HELD AT THE MAIN CAMPUS WHICH IS THE SAME AS THE RETURNS ADDRESS. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.