2019-02-09T06:47:16-06:00 2018-05-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2017-06-01 160743989 D'YOUVILLE COLLEGE DYOU 7168297636 320 PORTER AVENUE BUFFALO NY 14201 JOHN GARFOOT VP FINANCE/TREASURER 7168297636 2019-01-29 1 DONNA M GONSER P01448922 7168563300 2019-01-22 38.122.36.250 2019-01-29 09:20:23 ES P E929E822DA4ED06B116DA1A0B819B04B4C73AA9A 592480B32526F37703AB9236B4A8E3A74CA9B3C1 2017 2019-02-21 02:37:17Z JOHN GARFOOT 320 PORTER AVENUE BUFFALO NY 14201 102842116 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. 23 22 1728 22 0 0 5326323 7268397 71907923 74087778 2266271 3412564 1503797 1925820 81004314 86694559 17008447 17465871 0 0 36848686 40706018 0 0 1031615 20608536 21482187 74465669 79654076 6538645 7040483 188950831 198459092 53736799 53991214 135214032 144467878 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 69576165 17465871 75472281 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. 69576165 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 1 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 128 0 1 1728 1 0 0 0 0 0 1 1 0 0 0 0 X 23 22 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X X TIM KORN 7168297640 320 PORTER AVENUE BUFFALO NY 14201 JOHN AMERSHADIAN BOARD MEMBER 0.30 X 0 0 0 DR ROBERT BENNETT BOARD MEMBER 0.30 X 0 0 0 JOSEPH COZZO BOARD MEMBER 0.30 X 0 0 0 MELINDA DISARE BOARD MEMBER 0.30 X 0 0 0 DR MEGAN FARRELL BOARD MEMBER 0.30 X 0 0 0 GRETCHEN FIERLE 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 MARY KAREN KELLY BOARD MEMBER 0.30 X 0 0 0 SISTER JEAN LISTON BOARD MEMBER 0.30 X 0 0 0 J EFRAIN MARTINEZ BOARD MEMBER 0.30 X 0 0 0 SISTER MARY MCCARRICK OSF BOARD MEMBER 0.30 X 0 0 0 BRENDA MCDUFFIE BOARD MEMBER 0.30 X 0 0 0 DALE MCKIM III BOARD MEMBER 0.30 X 0 0 0 STEPHEN MERCURIO BOARD MEMBER 0.30 X 0 0 0 CARL J MONTANTE BOARD MEMBER 0.30 X 0 0 0 SAM PASCIA BOARD MEMBER 0.30 X 0 0 0 JAMEL C PERKINS VICE CHAIRPERSON 0.30 X X 0 0 0 DOLORES PREZYNA BOARD MEMBER 0.30 X 0 0 0 GARY QUENNEVILLE SECRETARY 1.30 X X 0 0 0 GEORGE SCHLEMMER BOARD MEMBER 0.30 X 0 0 0 CHARLES J URLAUB CHAIRPERSON 1.38 X X 0 0 0 DR LORRIE CLEMO PRESIDENT 40.00 X X 279986 0 23910 JOHN GARFOOT VP FINANCE/TREASURER 40.00 X 141833 0 4677 ARUP SEN VP ACADEMIC AFFAIRS (THRU 8/17) 40.00 X 189887 0 24000 ROBERT DROBITCH ASSOC. DEAN PHARMACY 40.00 X 155712 0 7462 ROBERT LEOPOLD ASSOC. DEAN PHARMACY 40.00 X 156494 0 7462 JOSEPH DUNN ASSOC DEAN RESEARCH PHARMACY 40.00 X 145737 0 23203 CANIO MARASCO DEAN PHARMACY 40.00 X 170283 0 12074 1239932 0 102788 39 0 1 0 BOND SCHOENECK & KING 200 DELAWARE AVENUE SUITE 900 BUFFALO NY 14202 LEGAL SERVICES 166910 NRCCUA 745 ATLANTIC AVENUE BOSTON MA 02111 RECRUITING AND ENROLLMENT CONSULTING 107691 2 33869 1576876 5657652 7268397 TUITION & FEES 900099 71012071 71012071 ROOM & BOARD, NET 900099 3044753 3044753 BOOK SALES 900099 30954 30954 74087778 1633486 1633486 449736 0 449736 449736 449736 17859461 16080383 1779078 1779078 1779078 127801 33869 67174 60627 60627 THEATER 611310 575177 575177 RECOVERY OF COSTS 900099 156535 156535 PARKING 812930 93640 93640 590105 590105 1415457 86694559 75472281 0 3953881 X 16146298 16146298 1319573 1319573 428971 428971 31644963 28564059 2609565 471339 1555616 1407696 110392 37528 4696375 3963172 640803 92400 2380093 2153775 168900 57418 99500 99500 8308237 5885049 2264086 159102 869610 869610 1607477 1180142 244013 183322 1027354 711775 315579 553358 445613 107745 651707 549538 89007 13162 350141 305159 29432 15550 1090316 914497 175819 3184141 2776781 407360 424336 375439 48897 REPAIRS 1109598 846267 263331 ACCREDITATION AND MEMBE 299646 199028 100618 EQUIPMENT 249168 249168 BAD DEBTS 154173 154173 1503425 713526 788105 1794 79654076 69576165 9046296 1031615 425 425 23286247 30177894 4490869 2812370 4024248 4836162 3514965 3187266 109238 480722 133507965 40114762 95375765 93393203 57994824 62863911 154250 707139 188950831 198459092 4418265 6536553 5528888 6651650 26695547 25211271 13666084 12757834 3428015 2833906 53736799 53991214 X 110539423 114218611 13278221 14685353 11396388 15563914 135214032 144467878 188950831 198459092 7040483 2213363 0 X X 0 1 X 1 1 1 X 25100 X 0 43308584 4011957 4924392 698427 51546506 38408796 902941 4820514 823667 43308584 40927374 403452 -1802463 1119567 38408796 38649100 419260 2949452 1090438 40927374 34664459 298005 4563031 876395 38649100 0.47860 0.30190 0.21950 0 0 9028671 9028671 99208618 21081240 78127378 15419028 13990785 1428243 9851648 5042737 4808911 93393203 STUDENT DEPOSITS 225365 GOVERNMENT GRANTS REFUNDABLE 2608541 2833906 71409725 2213363 67174 2280537 69129188 17565371 17565371 86694559 62155879 67174 67174 62088705 17565371 17565371 79654076 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 PERMANENTLY RESTRICTED ENDOWMENT EARNINGS ARE USED FOR SCHOLARSHIPS TO STUDENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING 67,174. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE 17,465,871. INVESTMENT MANAGEMENT FEES 99,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING 67,174. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE 17,465,871. INVESTMENT MANAGEMENT FEES 99,500. 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 0 1 PROGRAM SERVICES TEACHING AND RELATIONSHIP DEVELOPMENT WITH UNIVERSITIES 44258 0 1 0 0 0 1 44258 0 44258 INSTITUTIONALLY FUNDED TUITION GRANTS NORTH AMERICA 1 3000 OFFSET STUDENT TUITION BILL FMV INSTITUTIONALLY FUNDED TUITION SCHOLARSHIPS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 25 48210 OFFSET STUDENT TUITION BILL FMV INSTITUTIONALLY FUNDED TUITION GRANTS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 147 1178083 OFFSET STUDENT TUITION BILL FMV NYS FUNDED TUITION GRANTS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 12 90280 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. PRESIDENTIAL GALA 91940 33869 58071 26610 LAPS FOR LIMBS 59790 59790 38929 1 9940 9940 1635 161670 33869 127801 67174 67174 60627 1 FEDERALLY FUNDED TUITION GRANTS 46 109430 NEW YORK STATE FUNDED TUITION GRANTS 65 1114974 INSTITUTIONALLY FUNDED TUITION WAIVERS 1095 4670413 INSTITUTIONALLY FUNDED TUITION SCHOLARSHIPS 2177 9204814 INSTITUTIONALLY FUNDED TUITION GRANTS 951 1046667 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 0 0 X X X X 0 0 0 0 0 0 0 0 0 DR LORRIE CLEMO PRESIDENT 279585 0 0 0 401 0 23910 0 0 0 303896 0 0 0 ARUP SEN VP ACADEMIC AFFAIRS (THRU 8/17) 188099 0 0 0 1788 0 24000 0 0 0 213887 0 0 0 ROBERT DROBITCH ASSOC. DEAN PHARMACY 150656 0 0 0 5056 0 7462 0 0 0 163174 0 0 0 ROBERT LEOPOLD ASSOC. DEAN PHARMACY 156494 0 0 0 0 0 7462 0 0 0 163956 0 0 0 JOSEPH DUNN ASSOC DEAN RESEARCH PHARMACY 143948 0 0 0 1789 0 23203 0 0 0 168940 0 0 0 CANIO MARASCO DEAN PHARMACY 165227 0 0 0 5056 0 12074 0 0 0 182357 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 2956907 25410000 642123 2010 0 0 1 1 B 3061000 9355000 10151 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 FORM 990, PART VI, SECTION A, LINE 4 THE COLLEGE MADE CHANGES TO THEIR BYLAWS. CHANGES INCLUDE: REVISIONS TO COMMITTEES INCLUDING RESPONSIBILITES AND EXPECTATIONS OF MEMBERS WITHIN THOSE COMMITTEES, RULES REGARDING REMOVAL OF MEMBERS, AND REVISIONS TO BOARD MEETING TIMES AND MEETING FORMATS. 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 IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 5,885,049. MANAGEMENT AND GENERAL EXPENSES 2,264,086. FUNDRAISING EXPENSES 159,102. TOTAL EXPENSES 8,308,237. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.