2015-03-03T15:11:41-06:00 2014-06-30 161131146 BONADIO & CO LLP 115 SOLAR STREET SYRACUSE NY 13204 990 2013-07-01 150543658 CAZENOVIA COLLEGE CAZE 3156557000 95 ALBANY STREET CAZENOVIA NY 13035 MARK EDWARDS VP OF FINANCE/CFO 3156557000 2015-03-03 1 BETTINA LIPPHARDT P00956232 3152147575 2013 2016-02-25 16:41:14Z MARK EDWARDS 95 ALBANY STREET CAZENOVIA NY 13035 49633304 0 X WWW.CAZENOVIA.EDU X 1824 NY COMMITMENT TO A LIFE INFORMED BY INTELLECTUAL, ETHICAL, AND AESTHETIC VALUES; TO DEVELOP SKILLS NECESSARY FOR THE PURSUIT OF A MEANINGFUL VOCATION; AND TO INSPIRE DEDICATION TO THE IDEAL OF SERVICE IN THEIR COMMUNITIES. THE COLLEGE OFFERS UNDERGRADUATE AND CONTINUING EDUCATION PROGRAMS, AND IS PRIMARILY FUNDED BY TUITION, AUXILIARY SERVICES REVENUE, AND OTHER STUDENT FEES CHARGED FOR PROGRAMS OFFERED. 28 25 1054 30 406954 -34408 1618420 2590014 34432018 38464117 2193346 1463778 297581 60947 38541365 42578856 14352538 17496075 0 0 14591039 14418678 0 0 1101251 9938445 10747092 38882022 42661845 -340657 -82989 64180321 66585940 24735689 23867442 39444632 42718498 X FOUNDED IN 1824, CAZENOVIA COLLEGE IS A SMALL, INDEPENDENT, COEDUCATIONAL COLLEGE OFFERING BACCALAUREATE PROGRAMS IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES. EMBRACING STUDENT SUCCESS AS ITS PRIMARY MISSION, THE COLLEGE COMPRISES A DIVERSE YET CLOSE-KNIT RESIDENTIAL COMMUNITY THAT FOSTERS INTELLECTUAL, SOCIAL, AND ETHICAL GROWTH. OUR EXPERIENTIAL AND CO-CURRICULAR LEARNING OPPORTUNITIES AND DEDICATED TEAM OF FACULTY AND STAFF PROVIDE FOR AN INDIVIDUALIZED EDUCATIONAL EXPERIENCE THAT BALANCES ACADEMIC AND STUDENT LIFE. GRADUATES OF CAZENOVIA COLLEGE POSSESS THE KNOWLEDGE AND SKILLS NECESSARY TO BECOME INFORMED AND SUCCESSFUL PARTICIPANTS IN THE GLOBAL COMMUNITY. 0 0 38077013 17496075 39575696 THE COLLEGE PROVIDED EDUCATIONAL SERVICES TO APPROXIMATELY 1,187 STUDENTS. ALL PROGRAM EXPENSES ARE INCURRED TO FURTHER THE EDUCATION OF THESE STUDENTS. 38077013 1 1 0 0 0 0 0 0 0 1 1 0 0 0 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 1 0 1 0 0 0 1 0 0 0 0 1 121 0 1 1054 1 1 1 0 0 0 0 1 1 0 0 X 28 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARK EDWARDS 3156557334 95 ALBANY STREET CAZENOVIA NY 13035 CAROLYN CHARLES DEACON CHAIR 1.00 X X 0 0 0 THOMAS R TARTAGLIA SECRETARY 1.00 X X 0 0 0 ANDREW G CHURCH TRUSTEE 1.00 X 0 0 0 BETSY ROSENFIELD SAMET TRUSTEE 1.00 X 0 0 0 BETTY OGLETREE ROBERTS TRUSTEE 1.00 X 0 0 0 CATHERINE A GALE TRUSTEE 1.00 X 0 0 0 CONNIE M WHITTON TRUSTEE 1.00 X 0 0 0 DACIA L BANKS TRUSTEE 1.00 X 0 0 0 GRACE N CHIANG TRUSTEE 1.00 X 0 0 0 ERIC M BROWN TRUSTEE 1.00 X 0 0 0 STEPHANIE COTTON RUDNICK TRUSTEE 1.00 X 0 0 0 JUDITH ROSE NUTTING TRUSTEE 1.00 X 0 0 0 MARGERY A PINET VICE CHAIR 1.00 X X 0 0 0 MARGIE DOBIN MILLER TRUSTEE 1.00 X 0 0 0 MICHAEL D FLANNERY TRUSTEE 1.00 X 0 0 0 PAUL W DELIMA TREASURER 1.00 X X 0 0 0 PAULA STEC FENGER TRUSTEE 1.00 X 0 0 0 RICHARD L SMITH TRUSTEE 1.00 X 0 0 0 ROBERTA LEE AUGUST TRUSTEE 1.00 X 0 0 0 STEPHEN D FOURNIER TRUSTEE 1.00 X 0 0 0 STEVEN J INFANTI SR TRUSTEE 1.00 X 0 0 0 VICTOR A DISERIO TRUSTEE 1.00 X 0 0 0 WILLIAM B EBERHARDT TRUSTEE 1.00 X 0 0 0 WILLIAM F LOCKE TRUSTEE 1.00 X 0 0 0 BARBARA C WHELER TRUSTEE, EMERITI 1.00 X 0 0 0 CHARLES B MORGAN TRUSTEE, EMERITI 1.00 X 0 0 0 ROBERT S CONSTABLE TRUSTEE, EMERITI 1.00 X 0 0 0 WINIFRED E COLEMAN TRUSTEE, EMERITI 1.00 X 0 0 0 MARK TIERNO PRESIDENT 37.50 X 357249 0 18163 MARK EDWARDS VP OF FINANCE/CFO 37.50 X 121796 0 15372 SHARON DETTMER DEAN OF FACULTY 37.50 X 88493 0 2248 DONALD MCCRIMMON ACADEMIC DEAN 37.50 X 123807 0 7812 SUSAN BERGER EXECUTIVE VP 37.50 X 110216 0 9662 ROBERT CROOT VP OF ADMISSIONS & FINANCI 37.50 X 107312 0 2773 JOSEPH BEHAN VP FOR STUDENT DEVELOPMENT AND DEAN OF STUDENTS 37.50 X 102834 0 1512 TIMOTHY MCLAUGHLIN ASSOCIATE DEAN OF FACULTY 37.50 X 102874 0 1011 1114581 0 58553 7 0 1 0 LECHASE CONSTRUCTION SERVICES LLC 205 INDIGO CREEK DRIVE ROCHESTER NY 14626 CONSTRUCTION 109613 WADE TOURS 37 KIRKLAND AVE CLINTON NY 13323 TRANSPORTATION 106802 2 4320 715600 1870094 657792 2590014 TUITION AND FEES 611600 27937371 27937371 AUXILIARY SERVICES 611600 10468337 10061383 406954 INTEREST STUDENT LOANS 611600 58409 58409 38464117 526558 526558 7985941 7048721 937220 937220 937220 11919 4320 5727 6192 6192 MISCELLANEOUS 611600 54755 54755 54755 42578856 39575696 406954 6192 17496075 17496075 946755 370983 477408 98364 10907917 9010114 1322634 575169 195894 155520 30106 10268 1535792 1207902 233832 94058 832320 660776 127917 43627 16214 16214 71300 71300 115745 115745 520207 410961 12059 97187 463764 251312 175943 36509 1993862 1706760 213618 73484 1045202 1002819 42383 324089 247698 13951 62440 81974 40974 39103 1897 839690 839690 1879932 1803576 76356 205001 196668 8333 AUXILLARY ENTERPRISES 1400950 1400950 MISCELLANEOUS 892611 819046 65317 8248 EQUIPMENT RENTAL AND MA 455189 455189 UBIT EXPENSES 441362 441362 42661845 38077013 3483581 1101251 156697 140228 2453150 2078641 706212 352193 298878 185925 92731 105695 660822 674086 64911100 34069157 30985993 30841943 25854629 26543887 2971209 3156050 0 2507292 64180321 66585940 984349 1061804 12715251 11537868 9650700 7312618 1385389 3955152 24735689 23867442 X 31411209 33589308 3796730 3754707 4236693 5374483 39444632 42718498 64180321 66585940 X -82989 3391775 -34920 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5691097 1137790 985899 210986 7603800 5071818 198934 617470 197125 5691097 4948365 266288 32789 175624 5071818 3924577 523966 885170 385348 4948365 3391481 66297 468670 1871 3924577 0.70680 0.29320 1 0 890977 890977 46243213 20166210 26077003 286097 142812 143285 12531205 10829961 1701244 4959608 2930174 2029434 30841943 ADVANCE PAYMENTS 103058 ANNUITY PAYABLE 60171 ASSET RETIREMENT OBLIGATION 1284631 COLLEGE SPONSORED BORROWING 2507292 3955152 X 45669746 3391775 -34920 3356855 42312891 115745 150220 265965 42578856 42395880 0 42395880 115745 150220 265965 42661845 PART V, LINE 4: THE EARNINGS ON THE COLLEGE'S ENDOWED FUNDS ARE USED FOR SCHOLARSHIPS, CAPITAL FUNDING, AND ANNUAL SUPPORT FOR OPERATIONS AS DEFINED BY THE BUDGET. PART X, LINE 2: THE COLLEGE HAS NOT RECOGNIZED ANY BENEFITS FROM UNCERTAIN TAX POSITIONS IN 2014 AND BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS FOR WHICH IT IS REASOANBLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE BALANCE SHEET DATE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF UNITRUST -34,920. PART XI, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CAMPAIGN EXPENSES 150,220. PART XII, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CAMPAIGN EXPENSES 150,220. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 SCHEDULE E, PART I, LINE 3 NON DISCRIMINATORY POLICIES ARE CONTAINED IN THE COLLEGE CATALOG AND THE ADMISSIONS PACKET. SCHEDULE E, PART I, LINE 6 PELL, SEOG, CWS, TITLE IV, VEA AWARDS GIVEN TO STUDENTS BASED UPON NEED WHERE COLLEGE ACTS AS CUSTODIAN AGENT FOR THE FUNDS. IN SOME INSTANCES THE COLLEGE CONTRIBUTES TO SCHOLARSHIPS AND STUDENT LOANS. PELL - BASIC EDUCATIONAL OPPORTUNITY GRANTS SEOG - SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS CWS - COLLEGE WORK STUDY PROGRAM GSL/PLUS LOAN PRGORAM - STAFFORD GUARANTEED STUDENT LOAN TITLE IV - LEARNING ACCELERATION PROGRAM VEA - VOCATIONAL EDUCATION ACT FINANCIAL ASSISTANCE IN THE FORM OF PERKINS LOAN WAS SUSPENDED IN 1988-1989 WHEN THE DEFAULT RATE WAS GREATER THAN 15%. STEPS WERE TAKEN TO LOWER THE DEFAULT RATE RESULTING IN THE COLLEGE RECEIVING FINANCIAL ASSISTANCE ALLOCATIONS IN THE FORM OF PERKINS LOANS IN THE 1991-1992 YEAR. X X X X X X X 1 CONSTELLATION ADVANCEMENT LLC 17 VILLAGE ROAD PO BOX 188 NEW VERNON NY 07976 CAPITAL CAMPAIGN CONSULTANT 0 1262107 57775 1204332 1262107 57775 1204332 NY GOLF TOURNAMENT 16239 4320 11919 2502 2981 244 16239 4320 11919 2502 2981 244 5727 6192 1 WORKSTUDY GRANT 252 113715 CASH SEOG MATCHING GRANT 334 131234 CASH CAZENOVIA COLLEGE GRANTS 945 17251126 CASH FORM 990 SCHEDULE I PART IV THE COLLEGE VERIFIES THAT THE RECIPIENT MEETS THE GUIDELINES OF EACH SPECIFIC AWARD. THE COLLEGE APPLIES GRANT MONIES DIRECTLY TO STUDENT BALANCES. X X X X 0 1 X X X X X 0 0 0 0 0 0 0 0 0 MARK TIERNO PRESIDENT 350202 0 0 0 7047 0 4818 0 13345 0 375412 0 0 0 PART I, LINE 1B DR. TIERNO IS COMPENSATED PER HIS SIGNED EMPLOYMENT CONTRACT. A MADISON COUNTY IDA 521325841 2006-03-28 9975000 CAPITAL IMPROVEMENTS 0 0 0 A 9894917 199500 9695417 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 SUSAN A BERGER FAMILY MEMBER IS A PARTNER AT BOND, SCHOENECK & KING, LLP 29943 BOND, SCHOENECK & KING, LLP PROVIDES LEGAL SERVICES TO THE COLLEGE. 0 JUDITH ROSE NUTTING INTEREST IN VIP ARCHITECTS 10095 VIP ARCHITECTS PROVIDES ARCHITECTURAL SERVICES TO THE COLLEGE. 0 RICHARD SMITH PARTNER AT BOND, SCHOENECK & KING, LLP 29943 BOND, SCHOENECK & KING, LLP PROVIDES LEGAL SERVICES TO THE COLLEGE. 0 GRACE N CHIANG OWNER OF CHIANG O'BRIEN ARCHITECTS, DPC 32072 CHIANG O'BRIEN ARCHITECTS PROVIDES ARCHITECTURAL SERVICES TO THE COLLEGE. 0 X 8 738049 TRADE PRICE AT DONATION 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 WAS REVIEWED BY A MEMBER OF THE AUDIT COMMITTEE WHO IS AN INDEPENDENT TAX PROFESSIONAL WITH A REGIONAL CPA FIRM. AFTER HIS REVIEW IT WAS SENT TO THE FULL BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE REQUIRES CONFLICT OF INTEREST QUESTIONNAIRES TO BE COMPLETED ANNUALLY FOR OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES AND MEMBERS OF MANAGEMENT. THESE ARE MAINTAINED BY THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES OF TOP MANAGEMENT ARE REVIEWED BY THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS. THE COMMITTEE UTILIZES COMPENSATION AND BENEFITS INFORMATION FROM SIMILAR COLLEGES. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE DOCUMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE THROUGH VARIOUS COLLEGE COMPARATIVE DATA WEBSITES. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON UNITRUST -34,920. RESPONSIBILITY FOR AUDIT THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND HAS RESPONSIBILITY FOR FINAL APPROVAL OF THE AUDITED FINANCIAL CAZENOVIA GRILL LLC 22 SULLIVAN ST CAZENOVIA NY 13035 264663877 INACTIVE NY N/A