2016-10-14T11:27:12-05:00 2016-05-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2015-06-01 160909446 TROCAIRE COLLEGE TROC 7168261200 360 CHOATE AVE BUFFALO NY 142202094 JOHN J HUDACK VICE PRESIDENT OF FINANCE 7168261200 2016-10-07 1 JOHN P SCHIAVONE P00228702 7168563300 2015 2017-02-10 21:41:12Z JOHN J HUDACK 360 CHOATE AVE BUFFALO NY 142202094 26330170 0 X WWW.TROCAIRE.EDU X 1958 NY TROCAIRE IS THE COLLEGE WHERE LIVES ARE TRANSFORMED. OUR STUDENTS WILL BE GRADUATES OF CHOICE IN CAREER-ORIENTED PROFESSIONS. 20 18 346 150 0 0 861363 827291 19998541 18762301 666603 110888 131078 153304 21657585 19853784 2091259 2016613 0 0 11432000 11772169 0 0 1085877 5980731 6088723 19503990 19877505 2153595 -23721 29640384 31690677 1515571 3579131 28124813 28111546 X TROCAIRE COLLEGE, A PRIVATE, CAREER-ORIENTED CATHOLIC COLLEGE, IN THE SPIRIT OF THE SISTERS OF MERCY, STRIVES TO EMPOWER STUDENTS TOWARD PERSONAL ENRICHMENT, DIGNITY AND SELF-WORTH THROUGH EDUCATION IN A VARIETY OF PROFESSIONS AND IN THE LIBERAL ARTS. RECOGNIZING THE INDIVIDUAL NEEDS OF A DIVERSE STUDENT BODY, TROCAIRE COLLEGE PROVIDES LIFE LEARNING AND DEVELOPMENT WITHIN A COMMUNITY-BASED ENVIRONMENT. TROCAIRE COLLEGE PREPARES STUDENTS FOR SERVICE IN THE UNIVERSAL COMMUNITY. 0 0 9568540 2016613 18355482 INSTRUCTION - A 4-YEAR, PRIMARILY ASSOCIATE'S DEGREE-GRANTING PRIVATE NOT-FOR-PROFIT COLLEGE, OFFERING PRE-BACCALAUREATE CERTIFICATES, ASSOCIATE'S DEGREES AND BACHELOR'S DEGREES, REACHING APPROXIMATELY 2000 FULL-AND PART-TIME CREDIT STUDENTS, WITH THREE ACADEMIC SEMESTERS (FALL, SPRING, SUMMER) AND OFFERING COURSES DURING THE DAY, IN THE EVENING, ON WEEKENDS AND VIA DISTANCE EDUCATION, AS WELL AS PROVIDING NON-CREDIT LIFELONG LEARNING AND CONTINUING EDUCATION 3038796 109940 ACADEMIC SUPPORT INCLUDES SERVICES TO STUDENTS IN THE FOLLOWING AREAS: LIBRARY, LEARNING CENTER, STUDENT GOVERNMENT, ADMISSIONS, FINANCIAL ASSISTANCE, STUDENT RECORDS, ADVISEMENT, BILLING, CAREER COUNSELING, AND HEALTH RECORDS 492773 AUXILIARY SERVICES - A COLLEGE STORE THAT SELLS TEXT BOOKS AND SUPPLIES FOR THE CONVENIENCE OF THE STUDENTS 13100109 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 47 0 1 346 1 0 0 0 0 0 1 1 0 0 0 0 X 20 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOHN J HUDACK 7168261200 360 CHOATE AVE BUFFALO NY 14220 JONATHAN SWIATKOWSKI BOARD CHAIR 2.00 X X 0 0 0 SIOBHAN SMITH VICE CHAIR 2.00 X X 0 0 0 JAMES NOTARO PHD TREASURER 2.00 X X 0 0 0 SISTER DIANE MATJE RSM BOARD MEMBER 2.00 X 0 0 0 THOMAS J GAMBLE PHD BOARD MEMBER 2.00 X 0 0 0 BRIAN GOULD BOARD MEMBER 2.00 X 0 0 0 MICHELE LADOUCEUR BOARD MEMBER 2.00 X 0 0 0 TERESA LAWRENCE PHD BOARD MEMBER 2.00 X 0 0 0 CINDY RICH BOARD MEMBER 2.00 X 0 0 0 SISTER EILEEN O'CONNOR RSM BOARD MEMBER 2.00 X 0 0 0 WILLIAM PALADINO BOARD MEMBER 2.00 X 0 0 0 SISTER SALLY WALZ RSM BOARD MEMBER 2.00 X 0 0 0 SISTER MARY JEANNE THOMAS DANAHY RS BOARD MEMBER 2.00 X 0 0 0 SISTER JOANNE COURNEEN RSM TREASURER 2.00 X 0 0 0 THOMAS QUATROCHE PHD BOARD MEMBER 2.00 X 0 0 0 BASSAM M DEEB PHD PRESIDENT 40.00 X X 191538 0 35782 SHARON PRISE AZURIN ESQ BOARD MEMBER 2.00 X 0 0 0 NANCY SHEEHAN RN JD BOARD MEMBER 2.00 X 0 0 0 THOMAS WARING JR BOARD MEMBER 2.00 X 0 0 0 G RICHARD BRAEN MD BOARD MEMBER 2.00 X 0 0 0 JOHN HUDACK VICE PRESIDENT OF FINANCE 40.00 X 99865 0 28521 RICHARD LINN VP FOR ACADEMIC AFFAIRS & 40.00 X 103818 0 30199 PAMELA WITTER VP OF DEVELOPMENT AND COMMUNITY ENGAGEMENT 40.00 X 111191 0 29453 506412 0 123955 3 0 1 0 ASCEND LEARNING HOLDINGS LLC 11161 OVERBROOK RD LEAWOOD KS 66211 TECHNOLOGY 306781 1 95070 605736 126485 827291 STUDENT TUITION AND FEES 611710 18349917 18349917 AUXILIARY ENTERPRISES - BOOKSTORE 451211 302444 302444 LIFELONG LEARNING 611710 109940 109940 18762301 361957 361957 6197059 6448128 -251069 -251069 -251069 13440 95070 28258 -14818 -14818 COPY MACHINE INCOME 561439 139621 139621 MISCELLANEOUS 611710 18082 18082 TRAINING FEES 611710 5565 5565 4854 4854 168122 19853784 18465422 0 561071 2016613 2016613 365507 365507 8613590 7136237 1089266 388087 409789 348720 54571 6498 1607998 1328194 255055 24749 775285 624105 139551 11629 60955 60955 1565610 14627 1550983 610766 75214 535552 1466077 1062858 359058 44161 270838 59446 152166 59226 523021 523021 62109 18791 36537 6781 85739 36040 45730 3969 705865 67395 638470 27155 26892 263 AUXILIARY SERVICES 270412 270412 REPAIRS & MAINTENANCE 249341 44490 204051 800 BAD DEBT 103243 103243 MEMBERSHIPS AND SUBSCRI 87592 45289 37878 4425 19877505 13100109 5691519 1085877 4197557 4256128 176025 373548 161549 192447 156592 0 231660 195808 17384688 8272960 8652240 9111728 15601488 15776827 463273 1784191 29640384 31690677 1251186 1162319 264385 384311 2032501 1515571 3579131 X 26363330 26393711 1380143 1336495 381340 381340 28124813 28111546 29640384 31690677 -23721 10454 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1192676 -18958 1173718 1171458 21218 1192676 2195196 45854 1069592 1171458 1983626 211570 2195196 2014496 -30870 1983626 0.32500 0.67500 0 0 1119064 1119064 11506011 4603647 6902364 4405636 3669313 736323 353977 353977 9111728 CASH AND CASH EQUIVALENTS 1784191 F 1784191 17915039 10454 10454 17904585 60955 1888244 1949199 19853784 17928306 0 17928306 60955 1888244 1949199 19877505 PART V, LINE 4: ENDOWMENT FUNDS ARE RESTRICTED FOR TIME BY THE US DEPARTMENT OF EDUCATION, AND AFTER A CERTAIN POINT, THE COLLEGE CAN USE THEM FOR UNRESTRICTED PURPOSES. PART XI, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS ETC 1,888,244. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS ETC 1,888,244. 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 COLLEGE PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE COLLEGE CATALOG, AN IMPORTANT PART OF THEIR PROMOTIONAL LITERATURE. A SHORTENED VERSION APPEARS IN OTHER PUBLICATIONS SUCH AS BROCHURES, ADVERTISEMENTS, AND COURSE SCHEDULES. SCHEDULE E, PART I, LINE 6 GOVERNMENT SUBSIDIZED LOANS TRUSTEE RECEPTION 108510 95070 13440 28258 NONE 108510 95070 13440 28258 28258 -14818 1 SCHOLARSHIPS, TUITION DISCOUNTS, AND STUDENT AID FOR STUDENTS ATTENDING TROCAIRE COLLEGE. 974 1344409 672204 FMV EDUCATIONAL SUPPLIES SUCH AS TEXTBOOKS, NOTEBOOKS, WRITING MATERIALS, PROGRAM SPECIFIC SUPPLIES, AND OTHER VARIOUS EDUCATIONAL RELATED SUPPLIES. PART I, LINE 2: ONCE TROCAIRE COLLEGE AWARDS SCHOLARSHIPS, DISCOUNTS, AND/OR STUDENT AID, AND THE STUDENT ACCEPTS THOSE FUNDS, THE COLLEGE DIRECTLY CREDITS THE STUDENTS TUITION BILL. X 1 1 X X 0 0 0 0 0 0 0 0 0 BASSAM M DEEB PHD PRESIDENT 191538 0 0 0 0 0 15593 0 20189 0 227320 0 0 0 PART I, LINE 1A THE COLLEGE PAYS THE MEMBERSHIP DUES FOR THE PRESIDENT AT A LOCAL SOCIAL CLUB AS THE SOCIAL CLUB IS USED TO HAVE MEETINGS OF THE BOARD AS WELL AS MEETINGS WITH POTENTIAL SUPPORTERS OF THE COLLEGE. JONATHAN HUDACK SON OF VICE PRESIDENT OF FINANCE 39644 SALARY 0 ELLICOTT CONSTRUCTION CEO IS BOARD MEMBER 252131 CONSTRUCTION AND RENT 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS DISTRIBUTED TO THE MEMBERS OF THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. AFTER REVIEW, THE COMMITTEE PUTS FORTH A RECOMMENDATION TO THE FULL BOARD AT ITS NEXT MEETING TO APPROVE THE 990 AND AUTHORIZES THE VICE PRESIDENT OF FINANCE TO SIGN THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF TRUSTEES ANNUALLY REVIEWS AND COMPLETES THE "CONFLICT OF INTEREST STATEMENT". KEY EMPLOYEES ARE REQUIRED TO REPORT ANY POSSIBLE CONFLICTS TO THEIR SUPERVISORS BY COMPLETING THE "CONFLICT OF INTEREST DISCLOSURE FORM". NO ANNUAL MONITORING OF KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR CEO/TOP MANAGEMENT IS REVIEWED AND SET BY THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES HAS A WRITTEN CONTRACT WITH THE PRESIDENT OF THE COLLEGE, AND IN ESTABLISHING A SALARY, THERE IS AN ASSESSMENT OF COMPARABLE PRESIDENT SALARIES. COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS BASED ON POSITION RESPONSIBILITIES AND OTHER COMPARABLE EXISTING EMPLOYEES SALARY LEVELS. FACULTY SALARY DECISIONS ARE GUIDED BY THE COLLECTIVE BARGAINING AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE PUBLIC CAN CONTACT THE PRESIDENT'S OFFICE DIRECTLY AND REQUEST TO SEE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR FINANCIAL STATEMENTS. THE REQUIRED DOCUMENTATION IS HELD AT THE MAIN CAMPUS WHICH IS THE SAME AS THE RETURNS ADDRESS. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH ASSUMES RESPONISBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.