2020-03-12T09:49:17-05:00 2019-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-07-01 132587538 CITY UNIVERSITY CONSTRUCTION FUND CITY 6466642635 555 WEST 57TH STREET 16 FL NEW YORK NY 10019 JOHN ANTONELLI DEPUTY EXECUTIVE DIRECTOR-CUCF 6466642635 2020-03-11 1 GARRETT M HIGGINS P00543209 2122862600 2020-03-11 4.15.211.182 2020-03-11 17:42:48 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 4F9F0882E2C1046A9DC4DC01D0F262469E3815E0 2018 2020-09-23 17:36:50Z ALLEN LEW 555 WEST 57TH STREET 16 FL NEW YORK NY 10019 1691000890 0 X WEB.CUNY.EDU/ADMINISTRATION/CB/CONSTRUCTION-F X 1966 NY THE MISSION OF CUCF IS TO MANAGE THE RESOURCES NECESSARY FOR THE DESIGN AND CONSTRUCTION OF SPACE REQUIRED TO SUPPORT THE EDUCATIONAL MANDATE OF THE CITY UNIVERSITY OF NEW YORK. 6 6 0 6 0 0 1767682232 1690792137 0 0 98526 193920 5736 14833 1767786494 1691000890 0 0 0 0 0 0 0 0 0 1767682232 1690792137 1767682232 1690792137 104262 208753 69032963 64919358 56402438 52080080 12630525 12839278 X THE CITY UNIVERSITY CONSTRUCTION FUND ("CUCF"), IS A CORPORATE GOVERNMENTAL AGENCY CONSTITUTING A PUBLIC BENEFIT CORPORATION. CUCF WAS CREATED ON JULY 5, 1966, BY THE STATE OF NEW YORK, PURSUANT TO ARTICLE 125-B OF THE EDUCATION LAW. THE PURPOSE OF CUCF, AS DEFINED IN THE LEGISLATION, IS: (A) TO PROVIDE FACILITIES FOR BOTH SENIOR COLLEGES AND COMMUNITY COLLEGES OF THE CITY UNIVERSITY OF NEW YORK ("CUNY") AND (B) TO SUPPORT THE EDUCATIONAL PURPOSES OF CUNY 0 0 1471062186 TUITION & FEES:CITY UNIVERSITY CONSTRUCTION FUND RECEIVES CASH TRANSFERS FROM TUITION AND FEES COLLECTED FROM THE VARIOUS SENIOR AND COMMUNITY COLLEGES IN NEW YORK CITY, AND REMITS THE FUNDS TO THE CITY. 111900995 APPROPRIATIONS:THE ORGANIZATION RECEIVES APPROPRIATIONS FROM THE STATE OF NEW YORK AND THE CITY OF NEW YORK, WHICH ARE USED FOR THE REIMBURSEMENT OF OPERATING EXPENSES AND DEBT SERVICE PAYMENTS TO THE DORMITORY AUTHORITY OF NEW YORK (DASNY.) DASNY HAS ISSUED BONDS, THE PROCEEDS OF WHICH ARE USED TO SUPPORT CUNY'S CAPITAL PROGRAM. 97303152 PROJECT FUNDS:EFFECTIVE JANUARY 1, 2013, FUNDS FOR ALL CUCF MANAGED PROJECTS ARE REMITTED TO CUCF BY DASNY AND OTHER VARIOUS SOURCES, AND ARE THEN DISBURSED BY CUCF TO CONTRACTORS RESPONSIBLE FOR CONSTRUCTION OF FACILITIES AT BOTH SENIOR COLLEGES AND COMMUNITY COLLEGES. 10525804 THE ORGANIZATION RECEIVED APPROPRIATIONS FROM NEW YORK STATE FOR THE ADMINISTRATION OF CONSTRUCTION RELATED PROJECTS BY THE FUND. 10525804 1690792137 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 1 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 NY X X JOHN ANTONELLI DANIEL ROTHBAUM 6466642601 555 WEST 57TH STREET 16TH FL NEW YORK NY 10019 PHILIP BERRY ACTING CHAIRMAN 0.10 X X 0 0 0 ROBERT MUJICA TRUSTEE 0.10 X 0 0 0 BRIAN OBERGFELL TRUSTEE 0.10 X 0 0 0 VICTOR PICHARDO TRUSTEE 0.10 X 0 0 0 BILL THOMPSON TRUSTEE 0.10 X 0 0 0 MICHAEL WALSH TRUSTEE 0.10 X 0 0 0 JUDITH BERGTRAUM SECRETARY/EXECUTIVE DIRECTOR - CUCF 35.00 X 243775 0 0 JOHN ANTONELLI TREASURER/DEPUTY EXECUTIVE DIRECTOR 35.00 X 179317 0 0 LISA BOVA-HIATT GENERAL COUNSEL 35.00 X 225000 0 0 DANIEL ROTHBAUM CONTROLLER 35.00 X 136238 0 0 JANE SOVERN INTERIM GENERAL COUNSEL THRU6/27/18 35.00 X 171507 0 0 ROBERT LEMIEUX EXECUTIVE DIRECTOR, DDCM 35.00 X 226709 0 0 MEGHAN MOORE-WILK DIRECTOR, SPACE PLANNING 35.00 X 163814 0 0 GWEN PERLMAN DIRECTOR, CAPITAL BUDGET 35.00 X 178669 0 0 GUSTAVO ORDONEZ CHIEF OF STAFF 35.00 X 184080 0 0 VINCENT GREEN DIRECTOR, VENDOR INTEGRITY 35.00 X 164115 0 0 JAY GOLDSTEIN DIRECTOR 35.00 X 174385 0 0 ALI VEDAVEZ ARCHITECTURE DIRECTOR 35.00 X 157479 0 0 SHARON RUSSELL DIRECTOR, PROCUREMENT 35.00 X 150000 0 0 DEBORAH M LOTT ASSOCIATE DIRECTOR, SPACE MGMT 35.00 X 140328 0 0 JEANNY CHEUNG ASSISTANT DIRECTOR 35.00 X 137890 0 0 2633306 0 0 15 0 1 1 FJ SCIAME CONSTRUCTION CO INC 14 WALL STREET NEW YORK NY 10005 CONSTRUCTION 39417309 LIRO PROGRAM AND CONSTRUCTION MANAGEMENT 3 AERIAL WAY SYOSSET NY 11791 CONSTRUCTION MANAGEMENT 31245378 EPIC MANAGEMENT INC 350 5TH AVE 59TH FL NEW YORK NY 10118 CONSTRUCTION MANAGEMENT 20875033 SIEMENS INDUSTRY INC 8 FERNWOOD ROAD FLORHAM PARK NJ 07923 PROJECT MANAGEMENT 5310900 TDX CONSTRUCTION CORPORATION 330 SEVENTH AVENUE NEW YORK NY 10001 CONSTRUCTION SERVICES 4956923 34 1690792137 1690792137 193920 193920 OTHER INCOME 900099 14833 14833 14833 1691000890 0 0 208753 REFUND/TUITIONS & FEES 1471062186 1471062186 RENTAL PAYMENTS 111900995 111900995 PROJECT FUNDS PAYMENTS 97303152 97303152 ADMINISTRATIVE EXPENSES 10525804 10525804 1690792137 1690792137 0 0 22909364 19507684 5522413 5654548 40538810 39633337 62376 123789 69032963 64919358 502369 441946 55900069 51638134 56402438 52080080 X 12630525 12839278 12630525 12839278 69032963 64919358 208753 0 X X 0 1 X 1 0 X 1691203405 1766702377 1697783507 1767682232 1690792137 8614163658 1691203405 1766702377 1697783507 1767682232 1690792137 8614163658 8614163658 7691 30931 38903 98526 193920 369971 9517 5736 14833 30086 8614563715 1.00000 1.00000 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2016 AMOUNT: $ 9,517. 2017 AMOUNT: $ 5,736. 2018 AMOUNT: $ 14,833. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO CUNY 2182549 CONTRACTS PAYABLE 35603828 PROJECT ADVANCES 13851757 51638134 X 1691000890 0 1691000890 0 1691000890 1690792137 0 1690792137 0 1690792137 PART X, LINE 2: U.S. GAAP REQUIRES EVALUATION OF TAX POSITIONS TAKEN BY AN ENTITY AND RECOGNITION OF A LIABILITY IN THE FINANCIAL STATEMENTS IF THE ENTITY HAS TAKEN UNCERTAIN TAX POSITIONS THAT MORE-LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. AS OF JUNE 30, 2019, CUCF HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. TAX RETURNS FOR ALL YEARS SINCE THE FISCAL YEAR ENDED 2016 REMAIN OPEN TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES. THERE ARE CURRENTLY NO TAX EXAMINATIONS IN PROGRESS. 0 0 0 0 0 0 0 0 0 JUDITH BERGTRAUM SECRETARY/EXECUTIVE DIRECTOR - CUCF 243775 0 0 0 0 0 0 0 0 0 243775 0 0 0 JOHN ANTONELLI TREASURER/DEPUTY EXECUTIVE DIRECTOR 179317 0 0 0 0 0 0 0 0 0 179317 0 0 0 LISA BOVA-HIATT GENERAL COUNSEL 225000 0 0 0 0 0 0 0 0 0 225000 0 0 0 JANE SOVERN INTERIM GENERAL COUNSEL THRU6/27/18 171507 0 0 0 0 0 0 0 0 0 171507 0 0 0 ROBERT LEMIEUX EXECUTIVE DIRECTOR, DDCM 226709 0 0 0 0 0 0 0 0 0 226709 0 0 0 MEGHAN MOORE-WILK DIRECTOR, SPACE PLANNING 163814 0 0 0 0 0 0 0 0 0 163814 0 0 0 GWEN PERLMAN DIRECTOR, CAPITAL BUDGET 178669 0 0 0 0 0 0 0 0 0 178669 0 0 0 GUSTAVO ORDONEZ CHIEF OF STAFF 184080 0 0 0 0 0 0 0 0 0 184080 0 0 0 VINCENT GREEN DIRECTOR, VENDOR INTEGRITY 164115 0 0 0 0 0 0 0 0 0 164115 0 0 0 JAY GOLDSTEIN DIRECTOR 174385 0 0 0 0 0 0 0 0 0 174385 0 0 0 ALI VEDAVEZ ARCHITECTURE DIRECTOR 157479 0 0 0 0 0 0 0 0 0 157479 0 0 0 FORM 990, PART VII, LINE 5: THE INDIVIDUALS LISTED ON FORM 990, PART VII, SECTION A RECEIVED OR ACCRUED COMPENSATION FROM UNRELATED ORGANIZATIONS FOR SERVICES PERFORMED FOR THE REPORTING ORGANIZATION. REPORTED IN FORM 990, PART VII, COLUMN (D) ARE THE INDIVIDUALS' FORM W-2 COMPENSATION. THE ORGANIZATION MADE A REASONABLE EFFORT BUT WAS UNABLE TO OBTAIN OR ESTIMATE THE INDIVIDUALS' DEFERRED COMPENSATION, BONUSES OR NON-TAXABLE BENEFITS PROVIDED BY THE UNRELATED ORGANIZATIONS, THE RESEARCH FOUNDATION OF CUNY AND CITY UNIVERSITY OF NEW YORK. THE INDIVIDUALS WHO RECEIVED COMPENSATION PAID BY THE CITY UNIVERSITY OF NEW YORK OR THE RESEARCH FOUNDATION OF CUNY, UNRELATED ORGANIZATIONS, ARE: JUDY BERGTRAUM VICE CHANCELLOR - FPCM/EXECUTIVE DIRECTOR - CUCF $243,775 PAID BY THE CITY UNIVERSITY OF NEW YORK JOHN ANTONELLI EXECUTIVE DIRECTOR - FPCM/DEPUTY EXECUTIVE DIRECTOR - CUCF $179,317 PAID BY THE RESEARCH FOUNDATION OF CUNY LISA BOVA-HIATT GENERAL COUNSEL $225,000 PAID BY THE CITY UNIVERSITY OF NEW YORK DANIEL ROTHBAUM CONTROLLER $136,238 PAID BY THE RESEARCH FOUNDATION OF CUNY ROBERT LEMIEUX EXECUTIVE DIRECTOR, DDCM $226,709 PAID BY THE CITY UNIVERSITY OF NEW YORK MEGHAN MOORE-WILK DIRECTOR, SPACE PLANNING $163,814 PAID BY THE CITY UNIVERSITY OF NEW YORK GWEN PERLMAN DIRECTOR, CAPITAL BUDGET $178,669 PAID BY THE CITY UNIVERSITY OF NEW YORK JANE SOVERN INTERIM GENERAL COUNSEL $171,507 PAID BY THE CITY UNIVERSITY OF NEW YORK GUSTAVO ORDONEZ CHIEF OF STAFF $184,080 PAID BY THE RESEARCH FOUNDATION OF CUNY VINCENT GREEN DIRECTOR, VENDOR INTEGRITY $164,115 PAID BY THE RESEARCH FOUNDATION OF CUNY JAY GOLDSTEIN DIRECTOR $174,385 PAID BY THE RESEARCH FOUNDATION OF CUNY ALI VEDAVEZ ARCHITECTURE DIRECTOR $157,479 PAID BY THE CITY UNIVERSITY OF NEW YORK SHARON RUSSELL DIRECTOR, PROCUREMENT $150,000 PAID BY THE RESEARCH FOUNDATION OF CUNY DEBORAH M LOTT ASSOCIATE DIRECTOR, SPACE MGMT $140,328 PAID BY THE RESEARCH FOUNDATION OF CUNY JEANNY CHEUNG ASSISTANT DIRECTOR $137,890 PAID BY THE RESEARCH FOUNDATION OF CUNY FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS DURING FY19 AS FOLLOWS: THE NEW BY-LAWS OUTLINE A REGULAR MEETING SCHEDULE, REFERENCE THE CUCF'S ENABLING STATUTE, RELEVANT SECTIONS OF THE EDUCATION LAW, THE NUMBER OF TRUSTEES, THE NUMBER OF TRUSTEES THAT CONSTITUTE A QUORUM, AND THE DUTIES OF THE SECRETARY, THE TREASURER, AND THE GENERAL COUNSEL. ADDITIONALLY, THE BYLAWS AS MODIFIED MAKE REFERENCE TO THE OPEN MEETINGS LAW, AND INCLUDE INFORMATION REGARDING THE COMMITTEES OF THE BOARD, THE REQUIREMENT OF TAKING MINUTES, THE EXECUTIVE SESSION PROCESS, ET AL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED INTERNALLY BY MANAGEMENT, SPECIFICALLY BY THE CONTROLLER. THE CONTROLLER DISCUSSES THE FORM 990 WITH THE EXECUTIVE DIRECTOR PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12 ALL CUCF EMPLOYEES ARE EMPLOYED BY THE RESEARCH FOUNDATION OF CUNY/CITY UNIVERSITY OF NEW YORK (CUNY) AND ARE BOUND BY THE POLICIES OF THE UNIVERSITY. CUCF ENFORCES THE CONFLICT OF INTEREST POLICY ESTABLISHED BY CUNY. THE POLICY REQUIRES TRUSTEES AND EMPLOYEES TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST WITH THE GOVERNING BOARD ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES OF THE CITY UNIVERSITY CONSTRUCTION FUND ARE EMPLOYEES OF THE RESEARCH FOUNDATION OF CUNY/CITY UNIVERSITY OF NEW YORK. ALTHOUGH THESE INDIVIDUALS ARE NOT TRUSTEES OF THE CUCF BOARD, THEY EACH ARE PARTICIPANTS OF THE CUCF BOARD MEETINGS AND THEIR SERVICES AFFECT THE CONTRIBUTIONS OF CUCF AS A WHOLE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 IS ALSO AVAILABLE AT "GUIDESTAR.ORG". FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.