2016-05-13T11:35:20-05:00 2015-06-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2014-07-01 131967321 MERCY COLLEGE MERC 9144552650 555 BROADWAY DOBBS FERRY NY 10522 TIMOTHY L HALL PRESIDENT 9144552650 2016-05-13 1 ROBERT R LYONS CPA P00227472 2125038800 2014 2016-08-17 19:52:53Z TIMOTHY L HALL 555 BROADWAY DOBBS FERRY NY 10522 269307192 0 X WWW.MERCY.EDU X 1950 NY EDUCATE STUDENTS IN LIBERAL ARTS, SCIENCES, BUSINESS, EDUCATION AND PROFESSIONAL PROGRAMS. 21 20 2049 22 0 0 6542207 7069664 172983207 165828211 3916614 16967824 235142 338902 183677170 190204601 29682635 28199313 0 0 63181178 64305367 20178 115625 1077196 57863653 59378065 150747644 151998370 32929526 38206231 276644018 337556047 48553571 84500986 228090447 253055061 X MERCY COLLEGE IS COMMITTED TO PROVIDING MOTIVATED STUDENTS THE OPPORTUNITY TO TRANSFORM THEIR LIVES THROUGH HIGHER EDUCATION BY OFFERING LIBERAL ARTS AND PROFESSIONAL PROGRAMS IN PERSONALIZED AND HIGH QUALITY LEARNING ENVIRONMENTS, THUS PREPARING STUDENTS TO EMBARK ON REWARDING CAREERS, TO CONTINUE LEARNING THROUGHOUT THEIR LIVES AND TO ACT ETHICALLY AND RESPONSIBLY IN A CHANGING WORLD. 0 0 124840059 28199313 165828211 MERCY COLLEGE IS A COMPREHENSIVE COLLEGE OFFERING BOTH UNDERGRADUATE AND GRADUATE DEGREES TO OVER 10,600 STUDENTS. THE COLLEGE HAS FOUR CAMPUS LOCATIONS IN AND AROUND NEW YORK CITY AND ALSO OFFERS COURSES THROUGH THE INTERNET. STUDENTS ARE PRIMARILY FROM THE NEW YORK METROPOLITAN AREA. 124840059 1 1 0 1 0 0 0 1 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 190 0 2049 1 0 0 0 0 0 1 1 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X NARDA A ROMERO 9146747841 555 BROADWAY DOBBS FERRY NY 10522 GARY W BROWN CHAIRMAN 1.00 X 0 0 0 JOSEPH P CARLUCCI ESQ VICE CHAIRMAN 1.00 X 0 0 0 JOSEPH GANTZ VICE CHAIRMAN 1.00 X 0 0 0 JAMES M MCCORMICK VICE CHAIRMAN 1.00 X 0 0 0 KYUNG CIOFFI TRUSTEE 1.00 X 0 0 0 EDWARD B DUNN TRUSTEE 1.00 X 0 0 0 ALEX FERRARI TRUSTEE 1.00 X 0 0 0 JULIO GARCIA TRUSTEE 1.00 X 0 0 0 JAMES GARITO TRUSTEE 1.00 X 0 0 0 LYNNE GREENE TRUSTEE 1.00 X 0 0 0 BRUCE J HABER TRUSTEE 1.00 X 0 0 0 DAVID B JONES TRUSTEE 1.00 X 0 0 0 THOMAS LANSEN TRUSTEE 1.00 X 0 0 0 DONALD J MATTHEWS TRUSTEE 1.00 X 0 0 0 WILLIAM M MOONEY JR TRUSTEE 1.00 X 0 0 0 KUNI NAKAMURA TRUSTEE 1.00 X 0 0 0 HARRIS B STRATYNER TRUSTEE 1.00 X 0 0 0 PATRICIA BLACKMAR TRUSTEE 1.00 X 0 0 0 LYNN STRATFORD TRUSTEE 1.00 X 0 0 0 JOHN R THOMPSON TRUSTEE 1.00 X 0 0 0 CHARLES EF MILLARD TRUSTEE (FORMER) 1.00 X 0 0 0 CARYL M STERN TRUSTEE (FORMER) 1.00 X 0 0 0 TIMOTHY L HALL TRUSTEE, PRESIDENT 35.00 X X 283326 0 33810 DONALD B AUNGST CFO AND TREASURER 35.00 X 248967 0 44061 IRENE BUCKLEY CHIEF OF STAFF/SECRETARY 35.00 X 214600 0 26517 NARDA ROMERO CONTROLLER & ASST: TREASURER 35.00 X 171799 0 15624 CONCETTA M STEWART PROVOST AND V.P. OF ACADEMIC AFFAIRS 35.00 X 402684 0 50537 JOSEPH SCHAEFER CHIEF OPERATING OFFICER 35.00 X 275326 0 25996 DEIRDRE A WHITMAN VP ENROLLMENT MANAGEMENT 35.00 X 250515 0 30859 BERNADETTE WADE CHIEF ADVANCEMENT OFFICER 35.00 X 207268 0 3940 WILLIAM E MARTINOV CHIEF STUDENT AFFAIRS OFFICER 35.00 X 187508 0 42588 MARGARET M MCGRAIL VP STUDENT SERVICES 35.00 X 208386 0 39949 ALFRED S POSAMENTIER DEAN, SCHOOL OF EDUCATION 35.00 X 216709 0 17471 CHARLES E WEIS JR DEAN, SCHOOL OF BUSINESS 35.00 X 251839 0 40755 2918927 0 372107 12 0 1 0 KIRCHHOFF-CONSIGLI CONSTRUCTION 199 WEST ROAD PLEASANT VALLEY NY 12569 CONSTRUCTION/ RESTORATION 20725918 ELLUCIAN COMPANY LP 62590 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 INFORMATION TECHNOLOGY 6826042 LESSINGS 3500 SUNRISE HIGHWAY BUILDING 100 GREAT RIVER NY 11739 FOOD SERVICES MANAGEMENT 2790688 ARAMARK COPORATION DINING SERVICES 153 PERKINS STUDENT CENTER NEWARK DE 19716 FACILITY MAINTENANCE SERVICE 2690000 DOUGHERTY CLIFFORD & WADSWORTH CORP 895 MARCONI AVENUE RONKONKOMA NY 11749 ADVERTISING/ MARKETING 2336242 29 356818 5986152 726694 49798 7069664 GROSS TUITION & FEES 900099 157652529 157652529 ROOM AND BOARD 721310 7453715 7453715 OTHER 900099 721967 721967 165828211 3590016 3590016 244601 0 244601 244601 244601 92389791 79011983 13377808 13377808 13377808 184909 356818 90608 94301 94301 190204601 165828211 0 17306726 28199313 28199313 2137699 2137699 48157518 44580691 3066136 510691 2714773 2284099 398583 32091 7741045 7011844 630687 98514 3554332 2990470 521847 42015 9184061 1222431 7961630 317094 317094 204434 204434 50 50 115625 115625 577394 577394 4003279 3694939 308340 3394466 163223 3229417 1826 2392097 2013200 220815 158082 2553740 1452307 1093244 8189 15569372 14649568 919804 1523901 1397043 121912 4946 1568600 1161467 366370 40763 2044505 1874045 170460 5383371 5192545 190826 578056 578056 BAD DEBT 2279496 2279496 STUDENT FOOD SERVICES 2051728 2051728 CONTRACTUAL PAYMENTS 1872354 1872354 PROG. SUPPORT COST 1097640 1094838 2802 2782427 1933954 784019 64454 151998370 124840059 26081115 1077196 11312309 9911237 50067508 25988151 1936381 546600 7407594 4611188 451773 336398 2828264 3798963 121018886 46849015 53714770 74169871 115890028 162348342 31875388 31186680 1160003 24658617 276644018 337556047 12086848 11754138 6826953 5574022 16925000 54994404 12714770 12178422 48553571 84500986 X 222208930 247070461 2105582 2105537 3775935 3879063 228090447 253055061 276644018 337556047 38206231 -13241617 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 50 1 0 50 0 PART II-B, LINE 1: CONSULTING SERVICES ON LEGISLATIVE AND REGULATORY REPRESENTATION. 158430 X 0 147765416 42655006 3678834 60044 504190 193535022 103289493 33855121 11056573 70557 365214 147765416 64043194 33555589 6069379 73824 304845 103289493 31113763 32819631 364828 85475 169553 64043194 23521614 2614241 5119168 55648 85612 31113763 0.97220 0.02000 0.00780 0 0 6520561 6520561 45805555 15441237 30364318 16028334 8794074 7234260 25730474 20548235 5182239 26933962 2065469 24868493 74169871 LIMITED PARTNERSHIP INTERESTS 2408387 F HEDGE FUNDS 28778293 F 31186680 DEPOSITS HELD BY BOND TRUSTEES 24658617 24658617 ADVANCES FROM FEDERAL GOVERNMENT FOR STUDENT LOANS 1310450 CONDITIONAL ASSET RETIREMENT OBLIGATION 3703042 DEFERRED RENT 7164930 12178422 X 148276885 -13241617 90608 -13151009 161427894 577394 28199313 28776707 190204601 123312271 90608 90608 123221663 577394 28199313 28776707 151998370 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS ARE RESTRICTED TO INVESTMENT IN PERPETUITY WITH INVESTMENT RETURN PRINCIPALLY AVAILABLE FOR SCHOLARSHIPS. PART X, LINE 2: THE COLLEGE BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2015 AND 2014 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. THE COLLEGE IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEAR ENDED JUNE 30, 2012 AND PRIOR YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS 90,608. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 28,199,313. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS 90,608. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 28,199,313. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MERCY COLLEGE HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER AND/OR BROADCAST MEDIA DURING THE PERIOD OF SOLICITATION IN A WAY THAT MADE THE POLICY KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY IT SERVES. THE COLLEGE IS RECOGNIZED AS A MINORITY SERVING INSTITUTION. SCHEDULE E, PART I, LINE 6 MERCY COLLEGE RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (SEOG) PROGRAM, COLLEGE WORK STUDY (CWS) PROGRAM AND THE PERKINS LOAN PROGRAMS. X X X X X X X 1 CHARITY BUZZ 437 FIFTH AVENUE 11TH FLOOR NEW YORK NY 10016 ONLINE AUCTION 1 20800 4435 16365 GRANDSTAND SPORTS AND MEMORABILIA 148 MADISON AVENUE 14 NEW YORK NY 10016 ONLINE AUCTION 1 13565 8521 5044 34365 12956 21409 TRUSTEE'S DINNER 435617 310742 124875 67673 GOLF TOURNAMENT 85264 44050 41214 14675 1 20846 2026 18820 8260 541727 356818 184909 90608 90608 94301 1 SCHOLARSHIPS 4595 20496901 COST INSTITUTIONAL AID DISCOUNTS AND EXEMPTIONS 1594 7702412 COST INSTITUTIONAL AID SCHEDULE I, PART III SCHOLARSHIPS AND DISCOUNTS ARE BASED ON ACADEMIC PERFORMANCE AND FINANCIAL NEED AND ARE ADMINISTERED BY THE OFFICES OF ADMISSIONS AND STUDENT SERVICES. X X X 0 0 0 0 0 0 0 0 0 TIMOTHY L HALL TRUSTEE, PRESIDENT 283326 0 0 0 0 0 20250 0 13560 0 317136 0 0 0 DONALD B AUNGST CFO AND TREASURER 248967 0 0 0 0 0 23443 0 20618 0 293028 0 0 0 IRENE BUCKLEY CHIEF OF STAFF/SECRETARY 204600 0 10000 0 0 0 18788 0 7729 0 241117 0 0 0 NARDA ROMERO CONTROLLER & ASST: TREASURER 171799 0 0 0 0 0 15624 0 0 0 187423 0 0 0 CONCETTA M STEWART PROVOST AND V.P. OF ACADEMIC AFFAIRS 362684 0 40000 0 0 0 29919 0 20618 0 453221 0 0 0 JOSEPH SCHAEFER CHIEF OPERATING OFFICER 260326 0 15000 0 0 0 23159 0 2837 0 301322 0 0 0 DEIRDRE A WHITMAN VP ENROLLMENT MANAGEMENT 250515 0 0 0 0 0 21144 0 9715 0 281374 0 0 0 BERNADETTE WADE CHIEF ADVANCEMENT OFFICER 192268 0 15000 0 0 0 3940 0 0 0 211208 0 0 0 WILLIAM E MARTINOV CHIEF STUDENT AFFAIRS OFFICER 187508 0 0 0 0 0 17344 0 25244 0 230096 0 0 0 MARGARET M MCGRAIL VP STUDENT SERVICES 208386 0 0 0 0 0 19331 0 20618 0 248335 0 0 0 ALFRED S POSAMENTIER DEAN, SCHOOL OF EDUCATION 216709 0 0 0 0 0 17471 0 0 0 234180 0 0 0 CHARLES E WEIS JR DEAN, SCHOOL OF BUSINESS 211839 0 40000 0 0 0 20137 0 20618 0 292594 0 0 0 A NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 64971C450 2005-05-01 16220000 REFINANCING OF DEBT 0 0 0 B WESTCHESTER INDUSTRIAL DEVELOPMENT AGENCY 521294265 957368GJ6 2005-05-01 10140000 REFINANCING OF DEBT 0 0 0 C DOBBS FERRY LOCAL DEVELOPMENT CORPORATION 800668125 256048AA7 2014-07-31 8255000 INFRASTRUCTURE IMPROVEMENTS 0 0 0 D DOBBS FERRY LOCAL DEVELOPMENT CORPORATION 800668125 256048AB5 2014-07-31 12565000 INFRASTRUCTURE IMPROVEMENTS 0 0 0 A 5715000 16220000 948848 15271152 2005 0 0 0 1 B 4880000 10140000 696128 9443872 2005 0 0 0 1 C 8255000 135214 8119786 2015 0 0 0 1 D 12565000 205810 12359190 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 0 0 1 1 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 A DOBBS FERRY LOCAL DEVELOPMENT CORPORATION 800668125 256048AC3 2014-07-31 16035000 INFRASTRUCTURE IMPROVEMENTS 0 0 0 A 16035000 262647 15772353 0 0 0 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 JOSEPH P CARLUCCI ESQ BOARD MEMBER 37200 LEGAL - JOSEPH CARLUCCI IS A PARTNER AT A LAW FIRM ENGAGED BY MERCY COLLEGE DURING FISCAL 2015. 0 X 4 49798 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: MERCY COLLEGE USES CHARITY BUZZ, AN ONLINE AUCTION SERVICE, TO AUCTION DONATED GOODS. FORM 990, PART VI, SECTION B, LINE 11 SENIOR MANAGEMENT REVIEWS THE FORM 990 AND IT IS THEN PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD OF TRUSTEES, OFFICERS, AND TOP MANAGEMENT OFFICIALS ARE REQUIRED TO SIGN OFF ON THE CONFLICT OF INTEREST POLICY AND TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 WHEN DETERMINING THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT, THE ORGANIZATION TYPICALLY CONSULTS PUBLIC INFORMATION DERIVED FROM THE ANNUAL REPORT ISSUED BY THE CHRONICLE OF HIGHER EDUCATION AND THEN SENDS TO THE BOARD OF TRUSTEES FOR APPROVAL. RECOMMENDATIONS ARE MADE TO THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES TO REVIEW AND APPROVE THE SALARIES OF THE PRESIDENT'S DIRECT REPORTS, INCLUDING OFFICERS AND KEY EMPLOYEES OF THE COLLEGE. FORM 990, PART VI, SECTION C, LINE 19 MERCY COLLEGE MAKES ITS GOVERNING DOCUMENTS (BY-LAWS), CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT BEEN CHANGED FROM THE PRIOR YEAR.