2016-02-12T13:41:32-07:00 2015-06-30 990 2014-07-01 160743126 ROBERTS WESLEYAN COLLEGE ROBE 5855946000 2301 Westside Drive Rochester NY 14624 Laurie Leo Chief Financial Officer 5855946000 2016-02-12 2014 2016-08-17 19:52:53Z Deana L Porterfield 2301 Westside Drive Rochester NY 14624 56479831 0 X www.roberts.edu X 1866 NY As a community of learners committed to historic Christianity, Roberts Wesleyan College seeks to prepare thoughtful, spiritually mature, service-oriented people who will help transform society. 22 22 1314 100 0 0 1991464 5893808 44584951 45668462 1017589 1371420 1495245 1914829 49089249 54848519 13531088 15002182 0 0 21296942 18498144 0 0 795610 14047613 17450199 48875643 50950525 213606 3897994 105696025 121649618 16430378 29832065 89265647 91817553 As a community of learners committed to historic Christianity, Roberts Wesleyan College seeks to prepare thoughtful, spiritually mature, service-oriented people who will help transform society. 0 0 44497700 15002182 48906131 Educational institution and related activities: College liberal arts programs in the Christian tradition to prepare students for service to humanity in business, the arts and a variety of human service fields. ( Approx 1700 students) 0 0 0 44497700 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 220 0 1 1314 1 0 1 CJ 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Laurie J Leo 5855946000 2301 Westside Drive Rochester NY 14624 John Cooke Trustee 2 2 X 0 0 0 David Hughes Trustee 2 2 X 0 0 0 George Kimmich Trustee 2 2 X 0 0 0 Roy King Trustee 2 2 X 0 0 0 Paul Lysander Trustee 2 2 X 0 0 0 E John Reinhold Trustee 2 2 X 0 0 0 David Roller Trustee 2 2 X 0 0 0 Deborah Schmidt Trustee 2 2 X 0 0 0 Steven von Berg Trustee 2 2 X 0 0 0 Caryl Wenzke Trustee 2 2 X 0 0 0 Daniel Wolfe Trustee 2 2 X 0 0 0 Mary Worboys-Turner Trustee 2 2 X 0 0 0 Terry Taber Chair 2 2 X 0 0 0 Norman Leenhouts Vice Chair 2 2 X 0 0 0 Dwight Palmer Vice Chair 2 2 X 0 0 0 Mary Perna Secretary 2 2 X 0 0 0 Timothy R Harner Trustee 2 2 X 0 0 0 Emerson Fullwodd Trustee 2 2 X 0 0 0 Kevin Mannoia Trustee 2 2 X 0 0 0 Wesley Skinner Jr Trustee 2 2 X 0 0 0 William J Smith Trustee 2 2 X 0 0 0 Holly Hillberg Trustee 2 2 X 0 0 0 Robert Rood Former Interim Chief Financial Officer 40 4 X X 64896 0 0 Joseph McCarthy Interim Chief Financial Officer 40 4 X 71731 0 1196 Laurie J Leo Chief Financial Officer 50 4 X 0 0 0 John A Martin Former President 40 4 X X X X 299135 0 17751 Deana Porterfield President 40 4 X X 99634 0 6619 Samuel Connell Executive Vice-President for Advancement 40 4 X 106571 0 19102 641967 0 44668 2 1 1 0 Ruffalocody LLC PO BOX 718 DES MOINES IA 503030718 Advertising 484857 Uniland Development Company PO BOX 782 AMHERST NY 14226 Rental Services 113118 Olver Korts Korona and Russell Tobey Village Office Park 100 Office Parkway Pittsford NY 14534 Legal 128074 Credo LLC 201 South street 4th Floor Boston MA 02111 Consulting Services 112742 Lechase Construction Services LLC 205 Indigo Creek Dr Rochester NY 14626 Building Construction 404025 4 0 0 69896 0 224915 5598997 0 5893808 Tuition and Fees 611310 40069465 40069465 0 0 Room and Board 611310 5598997 5598997 0 0 0 0 0 0 45668462 696700 696700 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2292216 0 1617496 0 674720 0 674720 674720 0 0 62396 7500 13816 48580 0 48580 0 0 0 0 0 0 0 0 0 0 0 0 1866249 1866249 0 0 1866249 54848519 48906131 0 48580 0 0 15002182 15002182 0 0 0 0 755472 213279 416520 125673 0 0 0 0 13229096 12555664 417306 256126 227963 178043 46288 3632 2867326 2014268 799372 53686 1418287 1077722 309341 31224 0 0 0 0 20752 0 20752 0 51800 0 51800 0 0 0 0 0 0 0 0 0 0 0 1363673 725066 597779 40828 1101053 231610 869443 0 1061493 590957 444797 25739 565323 52436 512887 0 0 0 0 0 4921571 4530067 351536 39968 1102120 929837 147647 24636 0 0 0 0 195426 155800 39626 0 290864 290864 0 0 0 0 0 0 3427083 3134262 112539 180282 284386 29081 255305 0 Academic supplies, book, etc 2504549 2447554 56995 0 Equipment and events 351015 164806 172393 13816 Allowance for bad debt 106735 106735 0 0 Tuition Waivers 67467 67467 0 0 34889 0 34889 0 50950525 44497700 5657215 795610 0 0 12515390 10746560 3673978 5151300 2830002 2409021 0 0 0 0 2921211 2871983 95349 66908 1248506 1054857 113215018 45193666 53339392 68021352 19919809 21709644 7506887 7536567 0 0 0 0 1645501 2081426 105696025 121649618 3452638 3536378 3118591 0 1582730 1341671 469663 14241791 0 0 0 0 241629 141644 6000 6000 7559127 10564581 16430378 29832065 X 72645429 73114571 6774291 6549172 9845927 12153810 89265647 91817553 105696025 121649618 X 3897994 -1282652 0 0 0 -63436 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22999998 2479819 -63686 913224 338702 0 24164205 20546976 560016 2715889 822883 0 0 22999998 19574927 1231476 2034325 739054 1554698 0 20546976 17888306 2546734 -207582 652531 0 0 19574927 13508769 2173748 2915703 709914 0 0 17888306 0.401 0.503 0.096 0 0 0 2116282 2116282 0 69683177 27744215 41938962 0 0 0 0 0 17516663 14507209 3009454 0 23898896 2942242 20956654 68021352 6044547 F 897842 C Cash Surrender Value of Life Insurance 594178 F 7536567 0 Present value of annuities payable 1847192 Interest rate swap liability 848609 Asset retirement obligation 1488541 Investments held for Northeastern Seminary 3278732 Refundable Grant - agency liability 3101507 10564581 X 38588520 -1282652 0 0 24835 -1257817 39846337 0 15002182 15002182 54848519 35948343 0 0 0 0 0 35948343 0 15002182 15002182 50950525 Schedule D, Part V, Line 4 The income generated by the endowment fund is used to provide students scholarships and student academic programming. Schedule D, Part X, Line 2 Roberts Wesleyan College is a non-for-profit corporation exempt from income taxes as an organization qualified under Section 501(c)(3) of the Internal Revenue Code. Roberts Wesleyan College has also been classified as an organization that is a not a private foundation. CGRI is a for-profit corporation organized under section 402 of the New York State Business Corporation Law. The College and CGRI file tax returns in the U.S. Federal and New York State jurisdictions. Schedule D, Part XI, Line 2d $24,835= Investment loss allocated to affiliate $ 14,484, Unrealized gain on interest rate swap $10,351. Schedule D, Part XI, Line 4b Institutional grant-based aid included under revenue for financial statement presentation. Schedule D, Part XII, Line 4b Institutional grant-based aid included under revenue for financial statement presentation. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Roberts Wesleyan College complies with all applicable non-discrimination laws and is committed to the enhancement of human dignity and workplace diversity. This is advertised in employment related ads and on our website at www.roberts.edu. Schedule E, Part I, Line 6 Roberts Wesleyan receives grants from both Federal and New York State governments. This includes aid administered through the Perkins Loan and Pell Grant programs, SEOG, and College Work-Study (Federal) and Bundy Aid, TAP, and Nursing Grants received through New York State. These amounts are used in direct or indirect support of students, to help offset, in part, the costs of tuition, books, and other costs of attendance. Additionally, the college may receive capital grants from both Federal and State agencies which are used to help upgrade facilities. Golf Tournament 62396 0 62396 0 0 13816 0 0 0 0 0 62396 0 62396 0 0 13816 0 0 0 13816 48580 1 See Schedule I, Part IV, Statement 1 1950 15002182 0 FMV Schedule I, Part I, Line 2 Our financial aid office awards scholarships to students based on submitted FAFSA data and academic performance. The financial aid office is responsible for ensuring compliance with all relevant state and federal requirements relative to grant-based aid. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 John A Martin Former President 299135 0 0 0 17751 0 0 0 0 0 316886 0 165634 0 Schedule J, Part I, Line 1a The College President's spouse is considered a key representative of the College and therefore travel costs related to certain official college meetings are covered for her. The College President resides in college provided housing which also serves as a place for meeting with college guests, students, donors, and alumni at various times throughout the year. Also, the college pays dues for the President for one major club in the Rochester, New York area to provide quality, off-campus meeting venues. Only individuals, not organizations, are allowed to join this club. The President uses this membership entirely for college related business. Schedule J, Part I, Line 3 The Board of Trustees executive committee reviews and negotiates the President's compensation package. This is in agreement with the bylaws, subsection 6; on the employment contract and compensation for the President. Schedule J, Part I, Line 4 John A Martin participated in a non-qualified retirement plan which was paid out $165,164.38 during the fiscal year. A Monroe County Industrial Development Corporation (COMIDA) 510188852 2014-03-14 26000000 Science & Nursing Building Project 0 0 0 A 0 0 26000000 26000000 203812 0 469663 0 0 13772128 0 11758210 2016 0 0 0 1 A 0 0 0 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 A 0 X 8 145814 Market Price 0 0 1 1 Schedule M, Part I, Line 32b Stocks are sold through third party security brokers. Form 990, Part VI, Section B, Line 11b The form 990 is reviewed by the members of the Board's Business Affairs Committee. The full board also has access to the draft form 990 on a corporate intranet site. Form 990, Part VI, Section B, Line 12c Policies are reviewed with the full Board, with all members signing off on having received and reviewed them via electronic response to the SVP and Treasurer of Roberts Wesleyan College. Form 990, Part VI, Section B, Line 15 The Board's compensation committee reviews the president's and all key employee salary in conjunction with the VP of Administration and using bench-marking data from both local and national pay databases. Form 990, Part VI, Section C, Line 19 Such documents are currently available upon request. Financial Statements are also available via College website and NACUBO's website. Form 990, Part XI, Line 9 ($63,436) Investment income allocated to 501(c)(3) affiliate 14,484 , Non-operating support of affiliate ($74,000), change in value of split interest agreements ($14,271), Gain on interest rate swap agreement $10,351 Northeastern Seminary 2265 Westside Drive Rochester NY 14624 161554414 Seminary-graduate course programs in Divinity NY 501(c)(3) 2 N/A 0 Housing Development Foundation Inc 2301 Westside Drive Rochester NY 14624 161583317 Housing for college students NY 501(c)(3) 9 N/A 0 College Greene Residences Inc (16-1360689) 2301 Westside Drive Rochester NY 14624 161360689 Real estate activities NY Roberts Wesleyan College C 1 1 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 Northeastern Seminary p 1584645 The College and the Seminary have entered into an annually renewable administrative support agreement. Housing Development Foundation Inc p 508400 Room rental due to the Foundation. Schedule R, Part V, Line 2 See Schedule R, Part VII, Statement 1 Form 8868 has been filed.