2018-05-03T10:55:36-05:00 2017-06-30 161131146 BONADIO & CO LLP 171 SULLYS TRAIL SUITE 201 PITTSFORD NY 14534 990 2016-07-01 160743996 ELMIRA COLLEGE ELMI 6077351800 ONE PARK PLACE ELMIRA NY 14901 JOHN ADAMS FINANCIAL VP AND DEAN OF ADMIN 6077351800 2018-05-01 1 JEAN CLOSE P01346943 5853811000 4.14.157.194 2018-05-01 14:08:59 ED P F810F9FE0C4C4DAD171A8C8E72DF89C05E51BF9A 2A601B88E5C13A8BD23DB41523EF60CFA6ABA5F0 2016 2021-01-29 14:40:06Z JOHN ADAMS ONE PARK PLACE ELMIRA NY 14901 64345313 0 X WWW.ELMIRA.EDU X 1942 NY ELMIRA COLLEGE IS A NOT-FOR-PROFIT HIGHER EDUCATIONAL INSTITUTE LOCATED IN ELMIRA, NY. THE COLLEGE OFFERS A WIDE ARRAY OF UNDERGRADUATE AS WELL AS GRADUATE PROGRAMS TO APPROXIMATELY 2,000 STUDENTS, RANGING FROM LOCAL RESIDENTS TO INTERNATIONAL CITIZENS. 16 15 1175 0 2242 0 3531065 2370937 58684052 52419761 2116629 1449198 831162 1331640 65162908 57571536 24688863 20814948 0 0 812496 932458 0 0 0 44437159 41455098 69938518 63202504 -4775610 -5630968 143272636 139723705 69591326 63666420 73681310 76057285 ELMIRA COLLEGE IS A NOT-FOR-PROFIT HIGHER EDUCATIONAL INSTITUTE LOCATED IN ELMIRA, NY. THE COLLEGE OFFERS A WIDE ARRAY OF UNDERGRADUATE AS WELL AS GRADUATE PROGRAMS TO APPROXIMATELY 2,000 STUDENTS, RANGING FROM LOCAL RESIDENTS TO INTERNATIONAL CITIZENS. 0 0 57156805 20814948 55198357 INSTRUCTION, ACADEMIC SUPPORT, STUDENT SERVICES, STUDENT AID, AUXILIARY EXPENDITURES, AND OTHER PROGRAM SERVICES. 57156805 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 115 0 1 1175 1 1 1 0 0 0 0 0 0 0 0 0 X 16 15 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOHN FRATARCANGELO 6077351800 ONE PARK PLACE ELMIRA NY 14901 CLAIRE VAN DEN BLINK TRUSTEE 1.00 X 0 0 0 ROBERT S BASEL TRUSTEE 1.00 X 0 0 0 ELIZABETH DALRYMPLE TRUSTEE 1.00 X 0 0 0 THOMAS J HILFIGER TRUSTEE 1.00 X 0 0 0 SUSANNE GRENNELL TRUSTEE 1.00 X 0 0 0 JOHN CARDENTE JR TRUSTEE 1.00 X 0 0 0 DORIS MALESARDI TRUSTEE 1.00 X 0 0 0 KATHERINE METZGER TRUSTEE 1.00 X 0 0 0 WITNEY POSILLICO TRUSTEE 1.00 X 0 0 0 WILLIAM H WALDORF TRUSTEE 1.00 X 0 0 0 ROBERT G MORRIS CHAIRMAN 1.00 X X 0 0 0 JOHN WALSH TRUSTEE 1.00 X 0 0 0 FRANON WILSON TRUSTEE 1.00 X 0 0 0 GEORGE H WINNER JR TRUSTEE 1.00 X 0 0 0 THOMAS G TRANTER JR TRUSTEE 1.00 X 0 0 0 NORMAN SMITH PRESIDENT 40.00 X X 0 0 0 ROBERT J CAMPE FORMER FINANCIAL VICE PRESIDENT AND DEAN OF ADMIN. 40.00 X 131250 0 9614 JOHN ADAMS FINANCIAL VICE PRESIDENT AND DEAN OF ADMINISTRATIO 40.00 X 0 0 0 CHARLES W LINDSAY PROVOST 40.00 X 157500 0 5065 PATRICIA A THOMPSON VP OF ATHLETICS AND MEDICA 40.00 X 158100 0 12875 KATHLEEN LYNNE COHEN DEAN OF FINANCIAL AID 40.00 X 143208 0 12863 CHRISTOPHER COONS VICE PRESIDENT OF ENROLLMENT MANAGEMENT 40.00 X 120000 0 12817 BRIAN CORNELL CHIEF INFORMATION OFFICER 40.00 X 102682 0 5333 MICHAEL ROGERS VICE PRESIDENT OF EXTERNAL RELATIONS 40.00 X 120000 0 24873 932740 0 83440 7 0 1 0 CHARTWELLS DINING SERVICES 2 WILLIAM T MORRISSEY BLVD DORCHESTER MA 02125 DINING SERVICES 3650547 REGISTRY FOR COLLEGE AND UNIV PRESIDENTS THREE CENTENIAL DRIVE PEABODY MA 01960 MANAGEMENT SERVICES 508359 COVERED WAGON TOURS 2626 LAKEVILLE ROAD AVON NY 14414 ATHLETIC TEAM TRAVEL 165900 MAILBOX INC 1650 HANSHAW ROAD ITHACA NY 148509102 ADMISSIONS MAILINGS 111111 MAGUIRE ASSOCIATES 555 VIRGINIA RD SUITE 201 CONCORD MA 017422727 ENROLLMENT MANAGEMENT 104190 5 782921 1588016 153642 2370937 TUITION AND FEES 611310 41264548 41264548 ROOM AND BOARD 721310 10386756 10386756 AUXILIARY ENTERPRISES 722320 768457 768457 52419761 581683 581683 7641292 6773777 867515 867515 867515 OTHER SOURCES 900099 1329398 1329398 CHEERLEADER CAMP 611620 2242 2242 1331640 57571536 55198357 2242 0 X 20814948 20814948 932458 169769 762689 2415955 2415955 5316337 5316337 INSTRUCTION 8376212 8376212 STUDENT SERVICES 7191204 7191204 AUXILIARY ENTERPRISES 4840866 4840866 OPERATION/MAINTENANCE O 4783357 4783357 8531167 8031514 499653 63202504 57156805 6045699 0 2247401 653315 1690981 1995755 788656 553268 990344 947400 3527609 3512761 421813 324111 1026810 79899 182460077 94561695 92163104 87898382 40415918 43758814 143272636 139723705 3391092 2883580 528386 408735 48200733 46985700 17471115 13388405 69591326 63666420 X 33923170 32442998 12432150 16001910 27325990 27612377 73681310 76057285 143272636 139723705 X -5630968 4078755 3928188 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 44177218 300017 5514325 3884146 46107414 49060495 529703 -1304656 4108322 44177220 55708213 213703 576135 7437556 49060495 50541916 478911 9017245 4329859 55708213 33543719 13627776 6866771 3496350 50541916 0.10900 0.59900 0.29200 0 0 6701070 6701070 120127167 50519408 69607759 27191374 24570938 2620436 28440466 19471349 8969117 87898382 FEDERAL FINANCIAL ASSISTANCE 3482777 DEPOSITS HELD IN CUSTODY 41704 ASSET RETIREMENT OBLIGATIONS 1487108 INTEREST RATE SWAP CONTRACT 8376816 13388405 65578479 4078755 3928188 8006943 57571536 0 57571536 63202504 0 63202504 0 63202504 PART III, LINE 1A: THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE COLLEGE'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF OR PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE RECORDED AS CHANGES IN UNRESTRICTED NET ASSETS IN THE YEAR THE TRANSACTION OCCURS. DONATIONS OF ART OBJECTS AND LIBRARY MATERIALS ARE NOT RECORDED AS INCOME IN THE STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS. PART V, LINE 4: ENDOWMENT FUNDS ARE LONG-TERM ASSETS OF THE COLLEGE CREATED THROUGH DONOR GIFTS OR BY ACTIONS OF THE BOARD OF TRUSTEES. THEIR PURPOSE IS TO GENERATE, EITHER IN PERPETUITY OR THROUGH SHORT-TERM INVESTMENT STRATEGIES, OPERATING REVENUE FOR SPECIFIC USE OR FOR THE GENERAL OPERATIONS OF THE COLLEGE. ENDOWMENT FUNDS ARE INVESTED UNDER THE DIRECTION OF THE BOARD OF TRUSTEES TO EARN A TOTAL RATE OF RETURN THAT EXCEEDS THE COLLEGE'S ANNUAL SPENDING RATE PLUS THE RATE OF INFLATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON INTEREST RATE SWAP CONTRACT 4,129,229. CHANGE IN VALUE OF ANNUITY -47,399. NON-CASH CONTRIBUTIONS -153,642. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ELMIRA COLLEGE DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM A LARGE GEOGRAPHIC SECTION OF THE UNITED STATES AND FOLLOWS A RACIAL NONDISCRIMINATORY POLICY. AS TO STUDENTS, A STATEMENT OF THE COLLEGE'S POLICY IS ALSO INCLUDED IN ALL BROCHURES, CATALOGS, AND ADVERTISING ASSOCIATED WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. SCHEDULE E, PART I, LINE 6 THE INSTITUTION RECEIVES FINANCIAL ASSISTANCE FROM FEDERAL AND NEW YORK STATE AGENCIES. 1 ELMIRA COLLEGE PROVIDES IT STUDENTS SCHOLARSHIPS AND AWARDS, GRANTS AND LOANS TO ASSIST WITH MAKING THEIR EDUCATION MORE AFFORDABLE. COLLEGE FUNDED SCHOLARSHIPS 948 20814948 PART I, LINE 2: RECORDS OF GRANTS PROVIDED TO STUDENTS ARE MAINTAINED BY THE FINANCIAL AID OFFICE, AND ARE PERIODICALLY RECONCILED WITH BUSINESS OFFICE RECORDS, INCLUDING THE STUDENT ACCOUNTS AND INSTITUTIONAL BUDGET. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 CHARLES W LINDSAY PROVOST 157500 0 0 0 0 0 3500 0 1565 0 162565 0 0 0 PATRICIA A THOMPSON VP OF ATHLETICS AND MEDICA 158100 0 0 0 0 0 0 0 12875 0 170975 0 0 0 KATHLEEN LYNNE COHEN DEAN OF FINANCIAL AID 143208 0 0 0 0 0 0 0 12863 0 156071 0 0 0 PART I, LINE 1A THE COLLEGE PROVIDES FOR A RESIDENCE FOR THE COLLEGE PRESIDENT ALONG WITH HOUSEKEEPING AND MAINTENANCE SERVICES FOR THAT RESIDENCE, AS WELL AS TELEPHONE AND INTERNET. THE COLLEGE ALSO PROVIDED THE PRESIDENT WITH SOCIAL CLUB DUES. A CHEMUNG COUNTY INDUSTRIAL DEVELOPMENT AGENCY 166209017 164017AA3 2012-09-04 52300000 REFINANCE OF SERIES 2007A REVENUE BONDS 0 0 0 A 4680000 52300000 779140 51520860 2012 1 0 1 1 A 0 0 0 0 0 0 0 A 1 1 1 MORGAN STANLEY CAPITAL SERVICES 30.000000000000 1 0 0 0 0 A 0 X 10 153642 FMV DATE OF DONATION 0 1 0 FORM 990, PART VI, SECTION A, LINE 3 DURING THE YEAR, THE COLLEGE ENGAGED THE SERVICES OF A PRIVATE COMPANY, THE REGISTRY FOR COLLEGE AND UNIVERSITY PRESIDENTS, TO RETAIN AN INDIVIDUAL OF APPROPRIATE BACKGROUND AND EXPERIENCE FOR THE PERFORMANCE OF TASKS ASSOCIATED WITH THE PRESIDENTIAL FUNCTION FOR THE COLLEGE. THE REGISTRY WAS PAID $587,722 IN ACCORDANCE WITH THE TERMS OF THE AGREEMENT FOR THIS SERVICE. FORM 990, PART VI, SECTION B, LINE 11B THE COLLEGE'S EXTERNAL AUDITORS REVIEWED THE DRAFT FEDERAL FORM 990 WITH MEMBERS OF THE AUDIT COMMITTEE VIA CONFERENCE CALL. FOLLOWING THAT REVIEW, INFORMATIONAL COPIES WERE PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL MEMBERS OF THE BOARD OF TRUSTEES, SENIOR MANAGEMENT AND EMPLOYEES THAT SERVE IN A CAPACITY OF BEING ABLE TO ACQUIRE GOODS AND SERVICES FOR THE COLLEGE ARE ASKED TO FILL OUT A QUESTIONNAIRE, WHICH ASKS THEM TO DISCLOSE ANY RELATIONSHIPS THEY MAY HAVE WITH THOSE PROVIDING SUCH SERVICES. THESE QUESTIONNAIRES ARE REVIEWED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 EVERY THREE YEARS, THE BOARD DOES A COMPREHENSIVE REVIEW OF COLLEGE PRESIDENT SALARIES NATIONWIDE, COMPARING THE COLLEGE PRESIDENT'S SALARY TO THAT OF OTHER PRESIDENTS AT COMPARABLY SIZED COLLEGES. FORM 990, PART VI, SECTION C, LINE 19 ANY INFORMATION THAT IS REQUIRED TO BE AVAILABLE FOR PUBLIC INSPECTION IS AVAILABLE IN THE TREASURER'S OFFICE. ALSO, APPROPRIATE FILINGS ARE MADE WITH STATE AGENCIES THAT, IN TURN, MAKE THE DATA AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E GENERAL INSTITUTION SUPPORT: PROGRAM SERVICE EXPENSES 4,093,254. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,093,254. ACADEMIC SUPPORT: PROGRAM SERVICE EXPENSES 2,146,229. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,146,229. STUDENT AID: PROGRAM SERVICE EXPENSES 1,792,031. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,792,031. OTHER EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 499,653. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 499,653. FORM 990, PART XI, LINE 9: GAIN ON INTEREST RATE SWAP 4,129,229. CHANGE IN VALUE OF ANNUITY -47,399. NON-CASH CONTRIBUTIONS -153,642. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.