2015-05-12T15:30:17-05:00 2014-06-30 135565207 KPMG LLP 345 PARK AVE NEW YORK NY 10154 990 2013-07-01 112157078 DOWLING COLLEGE DOWL 6312443138 IDLE HOUR BOULEVARD OAKDALE NY 11769 DR ALBERT INSERRA PRESIDENT 6312443138 2015-05-12 true DEVIN L DUNCAN P01249521 2127589700 2015-05-12 2013 2016-03-07 17:11:31Z DR ALBERT INSERRA 150 IDLE HOUR BLVD OAKDALE NY 11769 65081162 false X WWW.DOWLING.EDU X 1968 NY DOWLING COLLEGE IS AN INDEPENDENT COMPREHENSIVE EDUCATIONAL INSTITUTION IN THE LIBERAL ARTS TRADITION WHOSE MISSION IS TO PROVIDE OUR STUDENTS WITH A WELL-ROUNDED EDUCATION BASED UPON INNOVATIVE TEACHING, INFORMED AND ENGAGING RESEARCH, AND A COMMITMENT TO DEMOCRATIC CITIZENSHIP WITH A COMMUNITY SERVICE COMPONENT. WE FOSTER AN OPEN AND SUPPORTIVE LEARNING ENVIRONMENT THAT IS BASED UPON COLLABORATION BETWEEN A COMMITTED AND SUPPORTIVE EXPERT FACULTY AND A STUDENT BODY DIVERSE IN ITS INTERESTS, BELIEFS, CULTURE, ETHNICITY, AND GEOGRAPHIC ORIGIN. WE RECOGNIZE LEARNING AS A LIFETIME ENDEAVOR, PARTICULARLY AS IT RELATES TO GLOBALIZATION. THE COLLEGE UPHOLDS ITS EDUCATIONAL MISSION THROUGH TEACHING, LEARNING AND RESEARCH IN THE ARTS, SCIENCES AND PROFESSIONS SUCH AS EDUCATION, BUSINESS AND AVIATION, AND BY PROVIDING MEMBERS OF THE COMMUNITY AND DOWLING ALUMNI WITH OPPORTUNITIES FOR CONTINUING EDUCATION. 12 11 963 11 0 2329900 1801416 75178639 60637221 246250 72520 410644 181099 78165433 62692256 22068013 18760889 0 33227223 26806578 0 37502 22105917 21701385 77401153 67268852 764280 -4576596 86352402 77866230 65307620 61669949 21044782 16196281 X DOWLING COLLEGE IS AN INDEPENDENT COMPREHENSIVE EDUCATIONAL INSTITUTION IN THE LIBERAL ARTS TRADITION WHOSE MISSION IS TO PROVIDE OUR STUDENTS WITH A WELL-ROUNDED EDUCATION BASED UPON INNOVATIVE TEACHING, INFORMED AND ENGAGING RESEARCH, AND A COMMITMENT TO DEMOCRATIC CITIZENSHIP WITH A COMMUNITY SERVICE COMPONENT. WE FOSTER AN OPEN AND SUPPORTIVE LEARNING ENVIRONMENT THAT IS BASED UPON COLLABORATION BETWEEN A COMMITTED AND SUPPORTIVE EXPERT FACULTY AND A STUDENT BODY DIVERSE IN ITS INTERESTS, BELIEFS, CULTURE, ETHNICITY, AND GEOGRAPHIC ORIGIN. WE RECOGNIZE LEARNING AS A LIFETIME ENDEAVOR, PARTICULARLY AS IT RELATES TO GLOBALIZATION. THE COLLEGE UPHOLDS ITS EDUCATIONAL MISSION THROUGH TEACHING, LEARNING AND RESEARCH IN THE ARTS, SCIENCES AND PROFESSIONS SUCH AS EDUCATION, BUSINESS AND AVIATION, AND BY PROVIDING MEMBERS OF THE COMMUNITY AND DOWLING ALUMNI WITH OPPORTUNITIES FOR CONTINUING EDUCATION. false false 24283558 39117595 INSTRUCTIONAL AND ACADEMIC SUPPORT RELATED DIRECTLY TO THE EDUCATIONAL PROCESS OF THE COLLEGE. THE COLLEGE SERVES APPROXIMATELY 3,000 UNDERGRADUATE, GRADUATE, & POSTGRADUATE STUDENTS. THE COLLEGE GRANTS DEGREES AND CERTIFICATIONS TO STUDENTS THROUGH PROGRAMS OFFERED BY ITS SCHOOLS OF ARTS & SCIENCES, BUSINESS, EDUCATION, AND AVIATION. 6279763 STUDENT SERVICES- FUNDS EXPENDED FOR ACTIVITIES WHICH CONTRIBUTE TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL-BEING AND TO THEIR INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE FORMAL INSTRUCTIONAL PROGRAM 6706593 2758737 AUXILIARY ENTERPRISES-FUNDS EXPENDED FOR FURNISHING LIVING QUARTERS AND MEAL PLANS TO STUDENTS 18760889 18760889 18760889 SCHOLARSHIPS & TUITION REDUCTIONS 18760889 18760889 18760889 56030803 true true false false false false false false false true true true false false false true true false true false false false false false true false false false true true true false false false false false false false false true false false false false false false false false false false true 86 0 true 963 true false false false false false true true false false false false X 12 11 false true false false false false false true true false false true true true true false false true true false NY CA X DR ALBERT INSERRA 6312443200 150 IDLE HOUR BLVD OAKDALE NY 11769 SCOTT RUDOLPH TRUSTEE 2.00 X 0 0 0 DENISE FISCHER TRUSTEE 2.00 X 0 0 0 DENNIS O' DOHERTY TRUSTEE 2.00 X 0 0 0 DEBORAH K RICHMAN TRUSTEE 2.00 X 0 0 0 GERALD J CURTIN VICE CHAIRMA 2.00 X X 0 0 0 JACK O' CONNOR TRUSTEE 2.00 X 0 0 0 JOHN RACANELLI TRUSTEE 2.00 X 0 0 0 JOSEPH K POSILLICO SECRETARY 2.00 X X 0 0 0 MICHAEL PUORRO CHAIRMAN 5.00 X X 0 0 0 MYRKA GONZALEZ TRUSTEE 2.00 X 0 0 0 RONALD PARR TRUSTEE 2.00 X 0 0 0 DR NORMAN SMITH PRESIDENT 40.00 X X 0 0 0 RALPH CERULLO CFO & TREASU 40.00 X 226986 0 1033 ELANA ZOLFO SECRETARY 40.00 X 174718 0 21351 ANDREW KARP PROFESSOR 40.00 X 167214 0 29064 PAUL ABRAMSON PROFESSOR 40.00 X 166578 0 29064 FRED RISPOLI PROFESSOR 40.00 X 163794 0 29064 SUSANNE BLEIBERG-SEPERSON PROFESSOR 40.00 X 157156 0 29064 LEO GIGLIO PROFESSOR 40.00 X 154002 0 29064 JEREMY BROWN PRES THROUGH X 353192 0 17711 1563640 185415 72 true true false FJC SECURITY SERVICES INC 275 JERICHO TPKE FLORAL PARK NY 11001 SECURITY 1192588 ARROW SECURITY 300 WEST MAIN STREET SMITHTOWN NY 11787 SECURITY 752988 EGC GROUP INC 1175 WALT WHITMAN RD MELVILLE NY 11747 ADVERTISING 749701 CULINART INC 1979 MARCUS AVE SUITE E-110 LAKE SUCCESS NY 11042 FOOD SERVICE 732025 WE DRIVE YOU INC 700 AIRPORT BLVD BURLINGAME CA 94010 TRANSPORTATION 435991 11 66507 1419108 315801 1801416 TUITION & FEES 611600 57878484 57878484 AUXILIARY ENTERPRISES 531110 2758737 2758737 60637221 56037 56037 318821 386663 -67842 -67842 -67842 917732 1049796 902633 1048412 15099 1384 16483 16483 43029 66507 51198 -8169 -8169 ATHLETIC RENTAL INCOME 900099 107284 107284 OTHER INCOME 900099 72428 72428 ATHLETIC TOURNAMENT INCOME 900099 63452 63452 13946 13946 257110 62692256 60637221 253619 18760889 18760889 429492 429492 47899 45102 2797 19809791 16318964 3461238 29589 4896560 3760193 1129011 7356 1622836 1308877 313959 807269 130 807139 336980 336980 241000 241000 16662 5 16657 410937 156000 254937 844095 67874 776221 725465 546834 178074 557 974789 396285 578504 2291 2291 4035044 4035044 278609 245596 33013 347588 317160 30428 3236231 2960319 275912 3370261 3040312 329949 1198382 13686 1184696 OUTSIDE SERVICES 3636586 3574661 61925 BAD DEBT & COLLECTION EXP 458104 458104 ATHLETICS 411630 411460 170 ADMINISTRATION FEES 300341 300341 69121 69121 67268852 56030803 11200547 37502 4734362 1753508 4577525 4214427 2190021 2192154 2117178 1066248 1792958 1874198 3371654 3268169 99816451 43648392 59105110 56168059 1746788 2079868 6576460 5146000 140346 103599 86352402 77866230 7629306 6712300 1777179 1777179 1050307 409582 49963531 48419852 4887297 4351036 65307620 61669949 X 16117967 10962746 3022736 3327356 1904079 1906179 21044782 16196281 86352402 77866230 X -4576596 -271905 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2149087 6904 149825 -13525 2292291 2003260 16779 177448 -48400 2149087 2031054 7769 -35563 2003260 1965412 7744 88398 -30500 2031054 1959696 27386 -21670 1965412 0.83000 0.17000 false false 8928981 8928981 77463645 35840454 41623191 12436200 7807938 4628262 987625 987625 56168059 REAL ESTATE 5146000 F 5146000 X 44097323 -271905 -18760889 -19032794 63130117 -437861 -437861 62692256 48945824 437861 437861 48507963 18760889 18760889 67268852 SCHEDULE D, PAGE 2, PART V, LINE 4 PERMANENTLY RESTRICTED NET ASSETS REPRESENT ENDOWMENT CORPUS, WHICH PROVIDES INVESTMENT INCOME PRINCIPALLY FOR STUDENT SCHOLARSHIPS. TEMPORARILY RESTRICTED NET ASSETS ARE PRIMARILY USED FOR STUDENT SCHOLARSHIPS. SCHEDULE D, PAGE 3, PART X THE COLLEGE IS ORGANIZED AS AN EDUCATIONAL ORGANIZATION UNDER THE LAWS OF NEW YORK STATE. THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES AS A 501 (C) (3) ORGANIZATION UNDER THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COLLEGE EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS FINANCIAL STATEMENTS USING A THRESHOLD OF MORE LIKELY THAN NOT. AS OF JUNE 30, 2014 AND 2013, THE COLLEGE HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS. SCHEDULE D, PAGE 4, PART XI, LINE 2D SCHOLARSHIPS & GRANTS TO STUDENTS -18,760,889 SCHEDULE D, PAGE 4, PART XI, LINE 4B RENTAL EXPENSES -386,663 DIRECT EXPENSE OF SPECIAL EVENTS -51,198 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSE 386,663 DIRECT EXPENSE OF SPECIAL EVENTS 51,198 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIP & GRANTS TO STUDENTS 18,760,889 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE COLLEGE HAS A NONDISCRIMINATORY POLICY STATING THAT DOWLING COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, NATIONAL ORIGIN, CITIZENSHIP, SEX, SEXUAL ORIENTATION, MARITAL STATUS, MENTAL OR PHYSICAL DISABILITY, AGE, VETERAN/NATIONAL GUARD OR ANY OTHER SIMILARLY PROTECTED STATUS IN ITS PROGRAM AND ACTIVITIES. THE POLICY IS MADE KNOWN TO OUR COMMUNITY THROUGH OUR CATALOG, WEBSITE, AND ADVERTISEMENTS. SCHEDULE E, LINE 6 THE COLLEGE RECEIVES HEOP FINANCIAL AID FROM THE STATE OF NEW YORK. NY ATHLETICS GOLF 94850 58970 35880 35460 3761 EDD GOLF OUTING 14686 7537 7149 10914 1063 109536 66507 43029 46374 4824 51198 -8169 true COLLEGE FUNDED AID-ACHIEV 1473 11099665 COLLEGE FUNDED AID-NEED 646 5152069 COLLEGE FUNDED AID- ATHL 167 2264322 EXTERNALLY FUNDED AID-STA 93 244833 SCHEDULE I, PAGE 1, PART I, LINE 2 DOWLING COLLEGE AWARDS FINANCIAL ASSISTANCE TO STUDENTS BOTH MERIT BASED AND NEED BASED. ALL STUDENTS ARE REQUIRED TO MAINTAIN GOOD ACADEMIC STANDING (SATISFACTORY ACADEMIC PROGRESS) AS A CONDITION OF ENROLLMENT AT DOWLING COLLEGE AND TO RECEIVE VARIOUS TYPES OF FINANCIAL AID. STUDENTS ARE REVIEWED EACH SEMESTER BY THE OFFICE OF FINANCIAL AID TO ENSURE THEY ARE MEETING SATISFACTORY ACADEMIC PROGRESS. SCHEDULE I, PAGE 4, PART IV PART III, LINE 1- ESTIMATED NUMBER OF RECIPIENTS BASED ON AN AVERAGE GRANT AMOUNT. X true false X X true false false false false false false false false RALPH CERULLO CFO & TREASURER 226986 1033 228019 ELANA ZOLFO SECRETARY 174718 21351 196069 ANDREW KARP PROFESSOR 167214 29064 196278 PAUL ABRAMSON PROFESSOR 166578 29064 195642 FRED RISPOLI PROFESSOR 163794 29064 192858 SUSANNE BLEIBERG-SEPERSON PROFESSOR 157156 29064 186220 LEO GIGLIO PROFESSOR 154002 29064 183066 JEREMY BROWN PRES THROUGH 10/1/12 353192 17711 370903 SCHEDULE J, PAGE 1, PART I, LINE 1A DR SMITH, AN OFFICER OF THE COLLEGE, WAS PROVIDED WITH COLLEGE OWNED HOUSING AS A CONDITION OF HIS CONTRACT. DR. NORMAN SMITH WAS ENGAGED THROUGH THE REGISTRY FOR COLLEGE AND UNIVERSITY PRESIDENTS. THE COLLEGE PAID THE REGISTRY FOR DR. SMITH'S SERVICES DURING CALANDER YEAR 2013. THE COLLEGE OWNED HOUSING WAS VALUED AT 14,200 AND WAS PROVIDED TO THE REGISTRY. SCHEDULE J, PAGE 1, PART I, LINE 4 JEREMY BROWN 353,192 0 0 A INDUSTRIAL DEVELOPMENT AGENCY 2006 112584714 864768MU7 2006-06-01 38910000 SEE PART VI false false false A 4125000 40157775 2846005 4385310 15250000 17482290 2010 false true true true A false false false false false false true A false false false true false false false false false SCHEDULE K - DIFFERENCES IN ISSUE PRICE EXPLANATION INDUSTRIAL DEVELOPMENT AGENCY 2006 THE DIFFERENCE BETWEEN ISSUE PRICE AND TOTAL PROCEEDS OF ISSUE IS ATTRIBUTABLE TO 1,247,775 OF INVESTMENT EARNINGS. SCHEDULE K - DATE REBATE COMPUTATION PERFORMED INDUSTRIAL DEVELOPMENT AGENCY 2006 06/01/14 SCHEDULE K - ADDITIONAL INFORMATION INDUSTRIAL DEVELOPMENT AGENCY 2006 THE SUFFOLK COUNTY INDUSTRIAL DEVELOPMENT AGENCY ISSUED 38,910,000 OF CIVIC FACILITY BONDS FOR THE PURPOSES OF PROVIDING FUNDS TO EFFECT THE (1) ADVANCE REFUNDING OF THE 1993 10,115,000 CIVIC FACILITY REVENUE BONDS, (2) ADVANCE REFUNDING OF THE 1994 8,825,000 CIVIC FACILITY REVENUE BONDS, (3) ADVANCE REFUNDING OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT BONDS, AND (4) THE CONSTRUCTION OF THE STUDENT ACTIVITY CENTER AT THE BROOKHAVEN CAMPUS AND ASSORTED CAPITAL PROJECTS AT THE OAKDALE AND BROOKHAVEN CAMPUSES. ON AN ANNUAL BASIS THE COLLEGE CONTRACTS THE ARBITRAGE GROUP TO PERFORM AN ARBITRAGE REBATE CALCULATION FOR THE INDUSTRIAL DEVELOPMENT AGENCY 2006 BONDS. THE ARBITRAGE GROUP DETERMINES IF A REBATE LIABILITY EXISTS AND IF ANY FILING IS REQUIRED WITH THE IRS. MANAGEMENT MONITORS COMPLIANCE WITH TAX-EXEMPT BOND POST-ISSUANCE REQUIREMENTS AND CONTACTS BOND COUNSEL SHOULD QUESTIONS ARISE. RALPH CERULLO SON OF OFFICER 45102 COMP & BENEFIT false FORM 990 - ORGANIZATION'S MISSION DOWLING COLLEGE IS AN INDEPENDENT COMPREHENSIVE EDUCATIONAL INSTITUTION IN THE LIBERAL ARTS TRADITION WHOSE MISSION IS TO PROVIDE OUR STUDENTS WITH A WELL-ROUNDED EDUCATION BASED UPON INNOVATIVE TEACHING, INFORMED AND ENGAGING RESEARCH, AND A COMMITMENT TO DEMOCRATIC CITIZENSHIP WITH A COMMUNITY SERVICE COMPONENT. WE FOSTER AN OPEN AND SUPPORTIVE LEARNING ENVIRONMENT THAT IS BASED UPON COLLABORATION BETWEEN A COMMITTED AND SUPPORTIVE EXPERT FACULTY AND A STUDENT BODY DIVERSE IN ITS INTERESTS, BELIEFS, CULTURE, ETHNICITY, AND GEOGRAPHIC ORIGIN. WE RECOGNIZE LEARNING AS A LIFETIME ENDEAVOR, PARTICULARLY AS IT RELATES TO GLOBALIZATION. THE COLLEGE UPHOLDS ITS EDUCATIONAL MISSION THROUGH TEACHING, LEARNING AND RESEARCH IN THE ARTS, SCIENCES AND PROFESSIONS SUCH AS EDUCATION, BUSINESS AND AVIATION, AND BY PROVIDING MEMBERS OF THE COMMUNITY AND DOWLING ALUMNI WITH OPPORTUNITIES FOR CONTINUING EDUCATION. FORM 990, PAGE 2, PART III, LINE 4D SCHOLARSHIPS & TUITION REDUCTIONS FORM 990, PAGE 6, PART VI, LINE 3 DR. NORMAN SMITH ASSUMED THE ROLE OF PRESIDENT IN MAY 2013. DR. NORMAN SMITH WAS ENGAGED THROUGH THE REGISTRY FOR COLLEGE AND UNIVERSITY PRESIDENTS. THE COLLEGE PAID THE REGISTRY 211,435.62 FOR DR. SMITH'S SERVICES DURING CALANDER YEAR 2013. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PREPARED INTERNALLY BY THE FINANCE DEPARTMENT. THE DRAFT FORM 990 IS REVIEWED BY THE INDEPENDENT ACCOUNTING FIRM, KPMG. THE OFFICE OF BUSINESS & FINANCE THEN REVIEWS AND APPROVES THE FINAL 990. AFTER APPROVAL, A COMPLETE COPY OF THE 990 IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C DOWLING COLLEGE REQUIRES ALL EMPLOYEES AND BOARD OF TRUSTEES TO COMPLETE ANNUALLY A CONFLICT OF INTEREST DISCLOSURE FORM WHICH IS DESIGNED TO PROVIDE A MECHANISM TO INSURE THAT THE COLLEGE IS AWARE OF ANY POTENTIAL CONFLICTS OF INTEREST AS WELL AS TO PROVIDE EMPLOYEES PROPER GUIDANCE FROM THE DOWLING COLLEGE COMMITTEE ON ETHICAL AND PROFESSIONAL CONDUCT IN COMPLIANCE WITH THE POLICY. THE COMMITTEE REVIEWS THE DISCLOSURE FORMS AND DETERMINES IF NO CONFLICT OF INTEREST EXISTS OR IF A CONFLICT OF INTEREST DOES EXIST AND IF CONDITIONS OR RESTRICTIONS MUST BE IMPOSED. FORM 990, PART VI, LINES 13&14- WHISTLEBLOWER AND DOCUMENT RETENTION POLICY THE BOARD HAS CONSIDERED ADOPTING A WHISTLEBLOWER POLICY AND A DOCUMENT RETENTION AND DESTRUCTION POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION OF THE PRESIDENT OF DOWLING COLLEGE IS DETERMINED BY THE DOWLING COLLEGE BOARD OF TRUSTEES. MEMBERS OF THE BOARD DETERMINING COMPENSATION ARE INDEPENDENT, COMPARABILITY DATA IS UTILIZED, AND RESULTS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PAGE 6, PART VI, LINE 15B THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES OF DOWLING COLLEGE IS PROPOSED BY THE EXECUTIVE MANAGEMENT TEAM THEN REVIEWED AND APPROVED BY THE DOWLING COLLEGE BOARD OF TRUSTEES. MEMBERS OF THE BOARD DETERMINING COMPENSATION ARE INDEPENDENT, COMPARABILITY DATA IS UTILIZED, AND RESULTS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PAGE 6, PART VI, LINE 19 THE COLLEGE'S 990 AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 SCHOLARSHIPS & GRANTS TO STUDENTS -18,760,889 RENTAL EXPENSES 386,663 DIRECT EXPENSE OF SPECIAL EVENTS 51,198 RENTAL EXPENSE -386,663 DIRECT EXPENSE OF SPECIAL EVENTS -51,198 SCHOLARSHIP & GRANTS TO STUDENTS 18,760,889