2020-11-11T11:47:10-07:00 2020-05-31 743118183 Drescher &Malecki LLP 3083 William Street Cheektowaga NY 14227 990 2019-06-01 160759798 DAEMEN COLLEGE DAEM 7168398218 4380 Main Street Amherst NY 142263592 Robert E Rood VP for Business Affairs 7168398505 2020-11-11 1 Matthew Montalbo P01858118 7165652299 2020-11-11 50.75.185.98 2019 2021-01-29 14:40:06Z Dr Gary A Olson 4380 Main St Amherst NY 14226 77872366 0 X www.daemen.edu X 1947 NY Education - Private, Independent College 26 22 1556 40 88669 16347 2656879 4748316 68727561 70082132 1967991 1863399 1410341 1129040 74762772 77822887 25410536 26856522 0 0 34695541 35045469 2700 0 615093 16438614 16097952 76547391 77999943 -1784619 -177056 79154597 77974744 35905997 35200349 43248600 42774395 Private, independent college providing higher education to students 0 0 71719763 26856522 72985902 See above. 0 0 0 71719763 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 275 0 1 1556 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 22 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 1 0 X Dr Robert Rood 7168398218 4380 Main Street Amherst NY 142263592 Dr Gary A Olson President 40 X X 450921 0 50822 Dr Michael Brogan VP of Academic Affairs 40 X 170384 0 17619 Dr Gregory J Nayor VP of Student Affairs 40 X 145721 0 26978 Greg Shutts Professor 40 X 137562 0 26626 Joel Patterson Professor 40 X 124944 0 25464 Diane Bessel Professor 40 X 137726 0 8209 Robert Rood VP of Business Affairs 40 X 134132 0 11220 Carl Terryberry Professor 40 X 117285 0 25699 Cara Innus Professor 40 X 117965 0 10150 Lisa A Arida AVP of Business Affairs & Cont. 40 X 87750 0 21977 Kelly Duran VP of Information Technology 40 X 86250 0 20093 Brenda Young Trustee 40 X 88573 0 13530 Mary Glenn VP of Institutional Advancement 40 X 61379 0 5194 Craig Harris VP of Institutional Advancement 40 X 50604 0 6201 Frank Williams VP of Enrollment Management 40 X 48149 0 4085 Melaine Kenyon VP of Information Technology 40 X 1327 0 5 John Yurtchuk Chair 0.8 X 0 0 0 Paul Saffrin Vice Chair 0.8 X 0 0 0 JoEtte Zaccagnino Secretary/Treasurer 0.8 X 0 0 0 Alan Gracie Trustee 0.4 X 0 0 0 Jo-Ann Grabowski Trustee 0.4 X 0 0 0 Catherine LePage-Campbell Trustee 0.4 X 0 0 0 Robert Chur Trustee 0.4 X 0 0 0 Richard Day Trustee 0.4 X 0 0 0 Dale Demyanick Trustee 0.4 X 0 0 0 Dorothy Ferguson Trustee 0.4 X 0 0 0 Gary M Bichler Trustee 0.4 X 0 0 0 Jennifer Gurske-Deperio Trustee 0.4 X 0 0 0 Donald Hutton Trustee 0.4 X 0 0 0 Kathy Lawley-Best Trustee 0.4 X 0 0 0 Gail Mitchell Trustee 0.4 X 0 0 0 Scott Friedman Trustee 0.4 X 0 0 0 Thomas Reynolds Trustee 0.4 X 0 0 0 Shandra Spicer Trustee 0.4 X 0 0 0 Thomas Stewart Trustee 0.4 X 0 0 0 Mark Chason Trustee 0.4 X 0 0 0 Jeffrey Wellington Trustee 0.4 X 0 0 0 Arthur Wingerter Trustee 0.4 X 0 0 0 Terrence Gilbride Trustee 0.4 X 0 0 0 Edith Wyss OSF Trustee 0.4 X 0 0 0 Candace Johnson Trustee 0.4 X 0 0 0 Steven Zenger Trustee 0.4 X 0 0 0 1960672 0 273872 0 0 1 0 Energymark LLC 6653 Main St Williamsville NY 14221 Utility Supplier 350051 Ruffalo Noel Levitz LLC 1025 Kirkwood Prwy SW Cedar Rapids IA 52404 Enrollment Consult/Software 326442 Dell Marketing LP c/o Dell USA LP Dallas TX 75267 Computers 197791 PLSIII LLC 6 Fountain Plaza Buffalo NY 14202 Bus Shuttle 176877 Ellucian Company LP 4375 Fair Lakes Court Fairfax VA 22033 Technology/Software 169520 5 X 0 0 65197 0 3135968 1547151 81895 4748316 Tuition & Fees 611310 62117972 62117972 0 0 Sales & Svc of Auxiliary Ent 611710 7964160 7964160 0 0 0 0 0 0 70082132 538238 0 0 538238 17286 0 0 17286 569 0 0 569 0 0 1307875 0 0 0 1307875 0 1307875 0 0 1307875 106660 65197 49479 57181 0 57181 Bookstore/Food Commission 900099 125851 125851 0 0 Student Activities Revenue 900099 33973 33973 0 0 Overhead Recoveries 900099 19379 19379 0 0 892087 803418 88669 0 1071290 77822887 71064753 88669 1921149 X 0 0 26856522 26856522 0 0 0 0 1345251 108521 1146537 90193 25082828 22591280 2213073 278475 0 0 0 0 1378953 1194363 162440 22150 5277304 4754504 442408 80392 1961133 1691896 247596 21641 0 0 0 0 62469 0 62469 0 27950 0 27950 0 0 0 0 0 0 0 152677 0 152677 0 959968 884841 71731 3396 335503 335503 0 0 1381214 1006416 340734 34064 793138 504315 239094 49729 1913 1913 0 0 2489916 2409765 80151 0 906100 788564 100700 16836 0 0 0 0 0 0 0 0 2059194 2059194 0 0 0 0 0 0 2975767 2975767 0 0 153285 63833 89452 0 Food Services: Students 1804419 1804419 0 0 Library Services 583701 583701 0 0 Resident Assistants 230900 230900 0 0 Direct Mail Services 151567 151567 0 0 1028271 721979 288075 18217 77999943 71719763 5665087 615093 1101630 1679185 3292322 3086831 881044 1263726 706888 875653 0 0 0 0 1647717 1190592 0 0 331420 171526 107056317 58926997 48503865 48129320 21216400 21108763 1473311 469148 0 0 0 0 0 0 79154597 77974744 976179 876231 0 0 1012811 1158212 30897360 30075057 0 0 0 0 0 0 0 0 3019647 3090849 35905997 35200349 X 33843836 32431193 9404764 10343202 43248600 42774395 79154597 77974744 -177056 -297149 0 0 0 0 X 0 1 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15755128 192275 1092192 110950 37341 121743 16769561 16119512 224129 210263 86019 588860 123897 15755128 14433550 498023 1453975 77692 68414 119930 16119512 12479822 394682 1706010 42134 0 104830 14433550 12300284 869308 -582291 44740 0 62739 12479822 0.56 0.07 0.37 0 0 0 1108415 1108415 0 69245559 27937516 41308043 0 352965 132362 220603 0 19874983 17583049 2291934 0 16474395 13274070 3200325 48129320 Accrued Salaries, Wages and Pension 2228820 Accrued Interest 224467 US Government Advances 637562 3090849 77575217 -297149 0 0 0 -297149 77872366 0 -49479 -49479 77822887 78049422 0 0 0 49479 49479 77999943 0 0 0 77999943 Schedule D, Part V, Line 4 Endowment funds are intended to be used for scholarships or other expenditures to further the College's mission of higher education. Schedule D, Part XI, Line 4b $49,479 constitutes fundraising expenses that are included on Part VIII, Line 8b. Schedule D, Part XII, Line 2d Represents fundraising expenses shown on 990, Part VIII, Line 8b. 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 communicated through the website, student and employment handbooks, print ads, and broadcast. Schedule E, Part I, Line 6 The College receives state aid from New York State, including: Bundy Aid, Higher Education Opportunity Grant, DASNY Grant and NYS Library Grant. The College also receives aid from the US Government, including US Department of Education Title IV Programs and HEERF funding CARES Act. Middle East and North Africa 0 0 Program Services Seminary Review 15908 0 0 15908 Student Financial Aid North America (including Canada and Mexico, but not the United States) 31 1109034 Applied to Tuition St 0 Book Daemen Work Program North America (including Canada and Mexico, but not the United States) 24 49200 Wages 0 Book 0 0 0 0 0 0 Schedule F, Part I, Line 1 The College received contributions from seminaries in Israel to conduct on site reviews for student placements. $20,970. Schedule F, Part III Student financial aid was awarded to students attending the College in the US. The aid awarded was applied directly to outstanding student bills or paid out as wages for those eligible for the Daemen Work Program, up to a maximum of $2,400 per student for the current fiscal year. Annual Fund 65197 65197 0 0 0 0 0 0 0 Golf Outing 57810 0 57810 0 0 4400 7759 0 5017 1 48850 0 48850 0 0 0 23981 1225 7097 171857 65197 106660 0 0 4400 31740 1225 12114 49479 57181 1 Student Financial Aid Programs 2205 26856522 0 Book Schedule I, Part I, Line 2 Student Financial Aid is credited to the individual student accounts and their net balances are monitored by the Business Office Schedule I, Part III Student Financial Aid is credited to the individual student accounts and their net balance are monitored by the Business Office X 1 1 X 1 1 0 0 0 0 0 0 0 Dr Gary A Olson President 400921 0 25000 0 25000 0 27653 0 23169 0 501743 0 0 0 Dr Michael Brogan VP of Academic Affairs 147837 0 0 0 22547 0 11273 0 6346 0 188003 0 0 0 Craig Harris VP of Institutional Advancement 47157 0 0 0 3446 0 3447 0 2755 0 56805 0 0 0 Robert Rood VP of Business Affairs 109132 0 0 0 25000 0 10731 0 489 0 145352 0 0 0 Kelly Duran VP of Information Technology 82246 0 0 0 4005 0 6407 0 13685 0 106343 0 0 0 Dr Gregory J Nayor VP of Student Affairs 132840 0 6000 0 6881 0 11009 0 15969 0 172699 0 0 0 Frank Williams VP of Enrollment Management 46437 0 0 0 1712 0 2738 0 1347 0 52234 0 0 0 Lisa A Arida AVP of Business Affairs & Cont. 68750 0 0 0 19000 0 7568 0 14409 0 109727 0 0 0 Mary Glenn VP of Institutional Advancement 55220 0 0 0 6159 0 4927 0 267 0 66573 0 0 0 Melaine Kenyon VP of Information Technology 1327 0 0 0 0 0 0 0 5 0 1332 0 0 0 Diane Bessel Professor 130046 0 0 0 7680 0 7680 0 529 0 145935 0 0 0 Greg Shutts Professor 110990 0 0 0 26572 0 11415 0 15211 0 164188 0 0 0 Joel Patterson Professor 105258 0 0 0 19686 0 10286 0 15178 0 150408 0 0 0 Cara Innus Professor 106168 0 0 0 11797 0 9437 0 713 0 128115 0 0 0 Carl Terryberry Professor 98450 0 0 0 18835 0 8863 0 16836 0 142984 0 0 0 Schedule J, Part I, Line 1a The President of the College is provided with a residence for personal use Schedule J, Part I, Line 3 The College uses the following to establish the compensation of the organization's CEO/President; Compensation Committee, written employment contract and approval of the Board of Trustees Schedule J, Part I, Line 4 Frank Williams $30,900 A Town of Amherst Development Corporation 222867364 03135NAR2 2018-06-14 30445732 See part VI 0 0 0 A 0 0 30445732 0 0 0 590057 0 0 1582083 0 469148 2021 1 0 0 1 A 0 0 0 0 0 0 0 1 0 0 A 0 0 0 0 0 0 0 0 1 A 1 Schedule K, Part I, Column f-06/14/2018 30,445,732 Town of Amherst Development Corporation Purpose of issue was to refund two prior issuances, Town of Amherst IDS CUSIP# 031362EH5 6/30/2006 $14,310,000 and Town of Amherst IDA CUSIP# 031362EJ1 6/30/2006 $13,485,000 as well as provide $2,000,000 for capital projects. Mark Chason Trustee 414985 Student Housing 0 Terrance Gilbride Trustee 79946 Legal Counsel 0 Kathy Lawley-Best Trustee 34060 Insurance 0 Schedule L, Part IV The College leases student housing from the individual's business. This business relationship existed prior to the individual becoming a trustee. The lease space is of a unique nature and there are no other vendors who could provide the services/space needed. The College utilized the legal services of Hodgson Russ LLP. Terrance Gilbride is a partner at this firm. The College brokers its insurance through Lawley Insurance, of which Kathy Lawley-Best is head of corporated relations at Lawley Insurance X 359 Fair Market Value X 1 15217 Fair Market Value X 1 8655 Fair Market Value X 8 Space in Dorm 8 55664 Fair Market Value X Gift Cards 1 2000 Fair Market Value 0 1 1 Schedule M, Part I, Line 32b The College used an investment broker to sell donated stocks if they do not align with the investment policies of the College. Form 990, Part VI, Section B, Line 11b The form 990 is reviewed by the Board of Trustees prior to filing. Form 990, Part VI, Section B, Line 12c The written conflict of interest policy covers employees and trustees. Officers ensure that all of their employees required to submit a conflict of interest policy do so. Form 990, Part VI, Section B, Line 15 The College President's compensation is reviewed and approved by the Executive Committee of the Board of Trustees and documented in the minutes. Form 990, Part VI, Section C, Line 19 Copies of the Governing Documents, the Conflict of Interest Policy, and the Financial Statements are made available upon request. Form 990, Part VIII, Line 1a Government grants: includes $1,872,946 in HEERF funding from the federal government due to the COVID-19 pandemic. $742k of these funds were used to offset lost revenue on line 2b. The balance of these funds were used to offset other pandemic related expenditures. Form 990, Part IX, Line 2 Grants and other assistance: included $936,473 of aid given to students with HEERF funds under the CARES act. Daemen College Physical Therapy Inc 4380 Main Street Amherst NY 14226 462438676 Physical therapy clinic NY 501(c)(3) 9 N/A 0 4380 Main Street Inc 4380 Main Street Amherst NY 14226 161003033 Liquor License NY N/A C 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1