2021-04-06T15:52:01-05:00 2020-05-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2019-06-01 160743989 D'YOUVILLE COLLEGE DYOU 7168297636 320 PORTER AVENUE BUFFALO NY 14201 DR LORRIE CLEMO PRESIDENT 7168297636 2021-04-01 1 DONNA M GONSER CPA P01448922 7168563300 2021-04-01 2019 2022-09-23 18:48:47Z DR LORRIE CLEMO 320 PORTER AVENUE BUFFALO NY 14201 122532974 0 X WWW.DYC.EDU X 1908 NY D'YOUVILLE COLLEGE IS A PRIVATE COLLEGE IN BUFFALO, NEW YORK OFFERING UNDERGRADUATE, GRADUATE, DOCTORAL AND CONTINUING EDUCATION PROGRAMS PRIMARILY IN HEALTH SCIENCES, LIBERAL ARTS AND BUSINESS. THE COLLEGE TEACHES ITS STUDENTS TO CONTRIBUTE TO THE WORLD COMMUNITY BY BECOMING LEADERS IN THEIR ACADEMIC FIELDS OF STUDY. 19 18 1434 22 0 0 3864388 6849094 76147688 75080542 2671619 2950832 1480540 1908770 84164235 86789238 17973613 18873299 0 0 41791530 39536491 0 0 887489 24998483 24322204 84763626 82731994 -599391 4057244 191835795 209691731 50922273 65074829 140913522 144616902 X D'YOUVILLE IS AN INDEPENDENT INSTITUTION OF HIGHER EDUCATION THAT OFFERS BACCALAUREATE AND GRADUATE PROGRAMS TO STUDENTS OF ALL FAITHS, CULTURES, AND BACKGROUNDS. D'YOUVILLE HONORS ITS CATHOLIC HERITAGE AND THE SPIRIT OF ST. MARGUERITE D'YOUVILLE BY PROVIDING ACADEMIC, SOCIAL, SPIRITUAL, AND PROFESSIONAL DEVELOPMENT IN PROGRAMS THAT EMPHASIZE LEADERSHIP AND SERVICE. D'YOUVILLE TEACHES STUDENTS TO CONTRIBUTE TO THE WORLD COMMUNITY BY LEADING COMPASSIONATE, PRODUCTIVE, AND RESPONSIBLE LIVES. 0 0 71878641 18873299 76452428 D'YOUVILLE COLLEGE IS A PRIVATE COLLEGE IN BUFFALO, NEW YORK OFFERING UNDERGRADUATE, GRADUATE, DOCTORAL AND CONTINUING EDUCATION PROGRAMS PRIMARILY IN HEALTH SCIENCES, LIBERAL ARTS AND BUSINESS. THE COLLEGE TEACHES ITS STUDENTS TO CONTRIBUTE TO THE WORLD COMMUNITY BY BECOMING LEADERS IN THEIR ACADEMIC FIELDS OF STUDY. THE COLLEGE IS PRIMARILY FUNDED BY THE TUITION AND FEES CHARGED FOR PROGRAMS OFFERED FOR APPROXIMATELY 3,300 STUDENTS. 71878641 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 1 1 1 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 219 0 1 1434 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X X ROBERT ZIELINSKI CPA 7168297891 320 PORTER AVENUE BUFFALO NY 14201 JAMEL C PERKINS CHAIRPERSON 1.38 X X 0 0 0 JOSEPH COZZO VICE CHAIRPERSON 0.30 X X 0 0 0 DOLORES PREZYNA SECRETARY 1.30 X X 0 0 0 JOHN AMERSHADIAN BOARD MEMBER 0.30 X 0 0 0 ROBERT BENNETT BOARD MEMBER 0.30 X 0 0 0 DALE MCKIM III BOARD MEMBER 0.30 X 0 0 0 GRETCHEN FIERLE BOARD MEMBER 0.30 X 0 0 0 VINCENT O HANLEY BOARD MEMBER 0.30 X 0 0 0 MARY HOFFMAN BOARD MEMBER 0.30 X 0 0 0 TIMOTHY KANE BOARD MEMBER 0.30 X 0 0 0 SISTER JULIA LANIGAN BOARD MEMBER 0.30 X 0 0 0 SISTER MARY MCCARRICK OSF BOARD MEMBER 0.30 X 0 0 0 STEPHEN MERCURIO BOARD MEMBER 0.30 X 0 0 0 GARY QUENNEVILLE BOARD MEMBER 0.30 X 0 0 0 BLAIR SEVERN BOARD MEMBER 0.30 X 0 0 0 CHARLES URLAUB BOARD MEMBER 0.30 X 0 0 0 DR LORRIE CLEMO PRESIDENT 40.00 X X 364846 0 20556 SISTER MARY KAREN KELLY BOARD MEMBER 0.30 X 0 0 0 MEGAN FARRELL BOARD MEMBER 0.30 X 0 0 0 JOHN GARFOOT CFO UNTIL OCT. 2019 40.00 X 148923 0 9630 TIM KORN CFO NOV. 2019 - PRESENT 40.00 X 120910 0 21577 MIMI STEADMAN VP ACADEMIC AFFAIRS 40.00 X 190336 0 35642 CANIO MARASCO DEAN OF PHARMACY 40.00 X 169487 0 34325 JOGGESHWAR DAS VP INSTITUTIONAL EFFECT PL 40.00 X 155406 0 33348 ROBERT DROBITCH ASSOC DEAN PHARM ADMIN 40.00 X 155025 0 32650 ROBERT LEOPOLD ASSOC DEAN PHARM PRACTICE 40.00 X 155541 0 18522 1460474 0 206250 44 0 1 0 BOND SCHOENECK & KING PO BOX 11607 SYRACUSE NY 13218 LEGAL SERVICES 429642 FREED MAXICK CPAS PC 424 MAIN ST 800 BUFFALO NY 14202 ACCOUNTING 185736 BOTTOM LINE ADVISORS LLC 50 FOUNTAIN PLAZA 1400 BUFFALO NY 14202 CONSULTING 145103 3 2489900 4359194 6849094 TUITION & FEES 900099 72280171 72280171 ROOM & BOARD, NET 900099 2753815 2753815 BOOK SALES 900099 46556 46556 75080542 2793197 2793197 468198 0 468198 468198 468198 35900436 35742801 157635 157635 157635 23065 935 22130 22130 THEATER 611310 678065 678065 PARKING 812930 81155 81155 RECOVERY OF COSTS 900099 44990 44990 614232 614232 1418442 86789238 76452428 0 3487716 17112718 17112718 1760581 1760581 652480 652480 30512512 27958905 2033788 519819 1525625 1397945 101689 25991 4511667 3466359 944754 100554 2334207 2138856 155585 39766 71708 71708 7006349 5109296 1843984 53069 612276 546913 44713 20650 1440976 1009157 370152 61667 1527881 678290 849591 908820 792554 116266 597668 524758 65034 7876 254357 243568 2840 7949 1084267 897203 187064 3690338 3218218 472120 888091 611051 277040 EQUIPMENT 2609242 2245239 364003 STUDENT ACTIVITIES 1255635 906770 348865 GROUND AND REFURBISHING 458841 206038 252803 1915755 1054222 811385 50148 82731994 71878641 9965864 887489 425 425 19822603 18217193 3425241 9099539 5642074 5891349 2870817 16463791 164118 740734 138647073 44417913 95008583 94229160 64413131 63860563 39077 488803 1149900 191835795 209691731 5386009 6540728 6980594 6663807 23697903 22154534 11833822 24122574 3023945 5593186 50922273 65074829 X 110617454 111804562 30296068 32812340 140913522 144616902 191835795 209691731 4057244 -353864 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25100 X 0 49592297 190086 429013 126917 50084479 51350321 175532 -1850189 83367 49592297 43308584 4011957 4924392 822583 51350321 38408796 902941 4820514 823667 43308584 40927374 403452 -1802463 1119567 38408796 0.47080 0.31430 0.21490 0 0 9086753 9086753 100682841 22500412 78182429 19718356 16274261 3444095 9159123 5643240 3515883 94229160 STUDENT DEPOSITS 283300 GOVERNMENT GRANTS REFUNDABLE 2527761 INTEREST RATE SWAP LIABILITY 706618 REFUNDABLE ADVANCES 2075507 5593186 68263502 -353864 935 -352929 68616431 18172807 18172807 86789238 64560122 935 935 64559187 18172807 18172807 82731994 PART III, LINE 4: THE COLLEGE RECEIVED ARTWORK WHICH IT DISPLAYS IN ITS LIBRARY TO FOSTER A CULTURAL AND DIVERSE EDUCATIONAL ENVIRONMENT. PART V, LINE 4: ENDOWED FUND EARNINGS ARE USED ACCORDING TO DONOR RESTRICTIONS WHICH SUPPORT THE COLLEGE MISSION OF PROVIDING HIGHER EDUCATION TO STUDENTS. MOST QUASI-ENDOWED FUND EARNINGS ARE USED TO SUPPORT ANNUAL OPERATING PURPOSES. MOST OF THE PERPETUAL ENDOWMENT EARNINGS ARE USED FOR SCHOLARSHIPS TO STUDENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING 935. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE 18,101,099. INVESTMENT MANAGEMENT FEES 71,708. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING 935. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE 18,101,099. INVESTMENT MANAGEMENT FEES 71,708. SCHEDULE D, PART XI, LINE 4B SCHOLARSHIP ALLOWANCE AND INVESTMENT MANAGEMENT FEES ARE NET AGAINST REVENUES IN THE AUDITED FINANCIAL STATEMENTS. IN THIS FORM 990 RETURN THEY ARE BROKEN OUT SEPARATELY AND REPORTED AS EXPENDITURES. SCHEDULE D, PART XII, LINE 4B SCHOLARSHIP ALLOWANCE AND INVESTMENT MANAGEMENT FEES ARE NET AGAINST REVENUES IN THE AUDITED FINANCIAL STATEMENTS. IN THIS FORM 990 RETURN THEY ARE BROKEN OUT SEPARATELY AND REPORTED AS EXPENDITURES. SCHEDULE D, PART XI & XII, LINE 2D FUNDRAISING EXPENDITURES ARE NETTED AGAINST FUNDRAISING REVENUES FOR THIS RETURN. 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 POLICY IS PUBLISHED IN PRINTED PAMPHLETS, CATALOGUES, BROCHURES, AND NEWSPAPER ADVERTISEMENTS. THE POLICY IS ALSO VISIBLE ON THE COLLEGE'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL ASSISTANCE FROM FEDERAL, NEW YORK STATE, ERIE COUNTY, AND THE CITY OF BUFFALO GOVERNMENTAL AGENCIES. ALL GOVERNMENT FUNDING IS USED FOR THE INSTITUTION'S EXEMPT PURPOSE. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 1 PROGRAM SERVICES TEACHING AND RELATIONSHIP DEVELOPMENT WITH UNIVERSITIES 98812 0 1 0 0 0 1 98812 0 98812 INSTITUTIONALLY FUNDED TUITION GRANTS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 180 1519648 OFFSET STUDENT TUITION BILL FMV INSTITUTIONALLY FUNDED TUITION SCHOLARSHIPS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 32 137377 OFFSET STUDENT TUITION BILL FMV NYS FUNDED TUITION GRANTS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 24 103556 OFFSET STUDENT TUITION BILL FMV 0 0 0 0 0 0 PART I, LINE 2: CONSISTENT WITH THE COLLEGE'S STUDENT FINANCIAL PROCESS, INTERNATIONAL STUDENTS APPLY FOR THE VARIOUS AID TYPES. ANY AID AWARDED IS ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. AID IS DISBURSED TO ELIGIBLE STUDENTS AS A PAYMENT ON THEIR STUDENT BILL. PART I, LINE 3: BASED ON ACTUAL PAYROLL AND COSTS REIMBURSED. PART III ACCOUNTING METHOD: KAVINOKY CABARET 23065 23065 935 23065 23065 935 935 22130 1 FEDERALLY FUNDED TUITION GRANTS 119 225692 NEW YORK STATE FUNDED TUITION GRANTS 464 1581954 INSTITUTIONALLY FUNDED TUITION WAIVERS 1115 3563468 INSTITUTIONALLY FUNDED TUITION SCHOLARSHIPS 1304 9493462 INSTITUTIONALLY FUNDED TUITION GRANTS 881 1475942 CARES ACT EMERGENCY GRANTS TO STUDENTS 2182 772200 PART I, LINE 2: STUDENTS RECEIVING SCHOLARSHIPS, GRANTS, OR OTHER ASSISTANCE, ARE EVALUATED ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. X 1 0 X X X X 0 0 0 0 0 0 0 0 0 DR LORRIE CLEMO PRESIDENT 328846 0 0 0 36000 0 20556 0 0 0 385402 0 0 0 JOHN GARFOOT CFO UNTIL OCT. 2019 148923 0 0 0 0 0 9630 0 0 0 158553 0 0 0 MIMI STEADMAN VP ACADEMIC AFFAIRS 190336 0 0 0 0 0 13795 0 21847 0 225978 0 0 0 CANIO MARASCO DEAN OF PHARMACY 169487 0 0 0 0 0 12478 0 21847 0 203812 0 0 0 JOGGESHWAR DAS VP INSTITUTIONAL EFFECT PL 155406 0 0 0 0 0 11501 0 21847 0 188754 0 0 0 ROBERT DROBITCH ASSOC DEAN PHARM ADMIN 155025 0 0 0 0 0 10803 0 21847 0 187675 0 0 0 ROBERT LEOPOLD ASSOC DEAN PHARM PRACTICE 155541 0 0 0 0 0 10796 0 7726 0 174063 0 0 0 PART I, LINE 1A A REPRESENTATIVE FROM THE GREY NUNS WAS PROVIDED A RESIDENCE BY THE COLLEGE. NOTE THAT THIS REPRESENTATIVE DID NOT RECEIVE A W-2 OR FORM 1099 FROM THE COLLEGE. A DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 2012-05-30 25410000 FINANCE THE CONSTRUCTION OF THE 2008 PROJECT, TO REFUND AND DEFEASE 0 0 0 B DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 2012-04-25 9355000 REFINANCE AND CONSOLIDATE TWO OLDER DEBT ISSUANCES 0 0 0 A 4570000 25410000 689232 2010 0 0 1 1 B 7484908 9355000 4548 2001 1 0 1 1 A 0 0 0 0 1 0 1 B 0 0 0 0 1 0 1 A 0 0 1 0 1 1 KEYBANK 10.000000000000 1 0 0 0 1 B 0 0 1 0 1 1 KEYBANK 10.000000000000 1 0 0 0 1 A 1 B 1 VINCENT HANLEY COLLEGE BOARD MEMBER AND PARTNER AT BOND SCHOENECK AND KING 429642 LEGAL SERVICES 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCIAL MANAGEMENT TEAM OF THE COLLEGE PREPARES THE DATA FOR INPUT INTO THE 990. THEY REVIEW THE RETURN AFTER IT IS PREPARED BY THEIR INDEPENDENT AUDITORS. THEN IT IS FORWARDED TO THE AUDIT COMMITTEE OF THE COLLEGE WHO REVIEWS AND APPROVES THE FORM 990 BEFORE IT IS FILED. A COPY OF THE FORM IS GIVEN ELECTRONICALLY TO ALL BOARD MEMBERS AND THEN APPROVED AT A SUBSEQUENT BOARD MEETING. MEMBERS ARE GIVEN AN ADEQUATE AMOUNT OF TIME TO REVIEW THE RETURN. ANY QUESTIONS OR CONCERNS ARE ADDRESSED PRIOR TO THE FILING OF THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE HAS A WRITTEN CONFLICT OF INTEREST POLICY COVERING ALL EMPLOYEES AND TRUSTEES. THE POLICY IS COMMUNICATED ANNUALLY TO ALL EMPLOYEES AND TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 DETERMINING COMPENSATION FOR TOP MANAGEMENT OFFICIALS, OFFICERS, AND KEY EMPLOYEES INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT OFFICERS AND DIRECTORS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE IN THE PRESIDENT'S OFFICE AND/OR BUSINESS OFFICE OF THE COLLEGE. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. DYC HUB LLC 320 PORTER AVENUE BUFFALO NY 14201 844003676 MANAGING MEMBER OF 301 CONNECTICUT LLC NY 0 0 D'YOUVILLE COLLEGE 301 CONNECTICUT LLC 320 PORTER AVENUE BUFFALO NY 14201 842677509 CONSTRUCT AND OPERATE HUB NY N/A N/A 0 1 301 CONNECTICUT HOLDINGS INC 320 PORTER AVENUE BUFFALO NY 14201 842686531 INVEST IN HUB PROJECT NY D'YOUVILLE COLLEGE C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 301 CONNECTICUT LLC Q 1019934 ACTUAL COSTS