BLOOMFIELD COLLEGE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- BLOOMFIELD COLLEGE (EIN 22-1494428)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-04-29
- IRS object ID
- 201401199349301105
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-04-29T15:00:09-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 488 Madison Avenue | AddressLine1 |
| Address Line2 | Floor 3 | AddressLine2 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 100225722 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221494428 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLOOMFIELD COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BLOO | NameControl |
| Phone | 9737489000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 467 FRANKLIN STREET | AddressLine1 |
| City | BLOOMFIELD | City |
| State | NJ | State |
| ZIP Code | 07003 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HOWARD C BUXBAUM | Name |
| Title | V.P OF FINANCE | Title |
| Date Signed | 2014-04-30 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Rachel Spurlock | Name |
| PTIN | P00520729 | PTIN |
| Phone | 2125725500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD LEVAO | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 467 FRANKLIN STREET | AddressLine1 |
| City | BLOOMFIELD | City |
| State | NJ | State |
| ZIP Code | 07003 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 60243556 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BLOOMFIELD.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1868 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 29 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1405 | TotalNbrEmployees |
| Total Nbr Volunteers | 29 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3231522 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3653502 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 55136155 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 55987497 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 106381 | InvestmentIncomePriorYear |
| Investment Income Current Year | 403671 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 52639 | OtherRevenuePriorYear |
| Other Revenue Current Year | -12702 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 58526697 | TotalRevenuePriorYear |
| Total Revenue Current Year | 60031968 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 14557770 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 15147538 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 24794355 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 25463630 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 83991 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 30360 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 887433 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 15402628 | OtherExpensePriorYear |
| Other Expenses Current Year | 15884978 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 54838744 | TotalExpensesPriorYear |
| Total Expenses Current Year | 56526506 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3687953 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3505462 | RevenuesLessExpensesCY |
| Total Assets BOY | 60941349 | TotalAssetsBOY |
| Total Assets EOY | 67992444 | TotalAssetsEOY |
| Total Liabilities BOY | 14805057 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 17216504 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 46136292 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 50775940 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 50275481 | Expense |
| Grants | 15147538 | Grants |
| Revenue | 56152438 | Revenue |
| Description | BLOOMFIELD COLLEGE IS AN INDEPENDENT COLLEGE HISTORICALLY RELATED TO THE PRESBYTERIAN CHURCH (U.S.A.). LOCATED IN THE NEW JERSEY-NEW YORK METROPOLITAN REGION, THE COLLEGE OFFERS ACADEMIC PROGRAMS LEADING TO THE BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES. THE MISSION OF BLOOMFIELD COLLEGE IS: TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. PROGRAMS OF STUDY ARE ROOTED IN THE LIBERAL ARTS, AND ASSIST STUDENTS IN OBTAINING THE SKILLS, KNOWLEDGE, AND VALUES THEY NEED TO BECOME EMPOWERED INDIVIDUALS ENGAGED IN RENEWING THEMSELVES, THEIR RELATIONSHIPS, THEIR WORKPLACES, AND THEIR COMMUNITIES. BLOOMFIELD COLLEGE OFFERS FLEXIBLE CLASS SCHEDULES AND HYBRID LEARNING (ONLINE AND CLASSROOM) TO ACCOMMODATE THOSE STUDENTS WITH FAMILY AND WORK OBLIGATIONS. CLASSES, FEES, SEMINARS, RESIDENTIAL HOUSING AND FOOD SERVICE PROVIDE AN EDUCATIONAL, RESIDENTIAL AND SOCIAL EXPERIENCE FOR STUDENTS AND MEMBERS OF THE SURROUNDING COMMUNITY. BLOOMFIELD COLLEGE IS CHARTERED BY THE STATE OF NEW JERSEY AND ACCREDITED BY THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. ITS ACADEMIC PROGRAMS ARE APPROVED BY THE NEW JERSEY COMMISSION ON HIGHER EDUCATION. THE NURSING PROGRAM AT BLOOMFIELD IS ACCREDITED BY COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE) AND THE NEW JERSEY BOARD OF NURSING. THE DIVISION OF EDUCATION IS ACCREDITED BY THE TEACHER EDUCATION ACCREDITATION COUNCIL (TEAC). BLOOMFIELD COLLEGE IS RELATED TO THE PRESBYTERIAN CHURCH, USA, THROUGH THE SYNOD OF THE NORTHEAST AND IS A MEMBER OF THE ASSOCIATION OF PRESBYTERIAN COLLEGES AND UNIVERSITIES. THE FALL 2012 STUDENT BODY, OF APPROXIMATELY 2,036 STUDENTS, IS APPROXIMATELY 64% FEMALE, 51% AFRICAN AMERICAN, 20% HISPANIC, AND 14% WHITE. MANY BLOOMFIELD COLLEGE STUDENTS ARE FIRST GENERATION COLLEGE STUDENTS, OR ARE PROFESSIONALS SEEKING TO KEEP PACE WITH A CHANGING MARKET PLACE. AS OF THE FALL OF 2012, ABOUT 393 STUDENTS RESIDE ON CAMPUS, AND ANOTHER 112 STUDENTS ARE HOUSED AT AN OFF-CAMPUS HOTEL. IN THE FALL OF 2012, BLOOMFIELD COLLEGE ENROLLED 596 NEW FRESHMAN AND TRANSFER STUDENTS; 367 OF THESE NEW STUDENTS WERE FULL-TIME TRADITIONAL UNDERGRADUATE FRESHMEN. 90% OF FRESHMEN AND 90% OF CONTINUING STUDENTS RECEIVE SOME FORM OF AID. AID IS DISTRIBUTED AS: 72% GRANTS, 24% STUDENT LOANS, 2% PARENTAL LOANS, 2% JOBS. 228 ENROLLED FRESHMEN WERE JUDGED TO HAVE NEED, 228 WERE OFFERED AID. SCHOLARSHIPS AVAILABLE FOR: ACADEMICS, ATHLETICS, LEADERSHIP, ALUMNI AFFILIATION, RELIGIOUS AFFILIATION. AS OF THE FALL 2012, THE FACULTY WAS COMPRISED OF 70 FULL-TIME PROFESSORS (28 MALE, 42 FEMALE), PLUS 156 ADJUNCT PROFESSORS. THE ADMINISTRATION AND STAFF (MINUS FACULTY) IS COMPRISED OF 237 FULL AND PART-TIME EMPLOYEES. MANY OF THE FACULTY AND ADMINISTRATION ARE NATIONAL LEADERS IN SCHOLARSHIP, DEVELOPING INNOVATIVE WAYS TO MEET THE INTELLECTUAL, SOCIAL AND DEMOGRAPHIC CHANGES IN SOCIETY. BLOOMFIELD COLLEGE OFFERS OVER 60 MAJORS AND AREAS OF CONCENTRATION AS WELL AS OTHER SPECIAL LEARNING OPPORTUNITIES SUCH HONORS PROGRAMS AND STUDY ABROAD. IN ADDITION TO THE UNDERGRADUATE CURRICULUM, WE ALSO HAVE A LARGE NON-CREDIT CONTINUING EDUCATION PROGRAM WITH OUR OFFICE OF INTERNATIONAL TRAINING AND PROFESSIONAL STUDIES (ITPS). ITPS OFFERS ONLINE CERTIFICATE PROGRAMS FOR THE CAREER ORIENTED STUDENT. THEY ALSO HAVE CUSTOMIZED CORPORATE COURSES. THE AMERICAN LANGUAGE CENTER HAS YEAR ROUND ESL CLASSES FOR THOSE LOOKING TO IMPROVE THEIR ENGLISH SKILLS. IN ADDITION, THEY ARE LINKED GLOBALLY WITH MANY SCHOOLS AND UNIVERSITIES FOR TRAINING OF INTERNATIONAL STUDENTS IN ENGLISH, NURSING, EDUCATION, HOSPITALITY, AND OTHER FIELDS OF STUDY. | Description |
| Total Program Service Expense | 50275481 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | true | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 2753 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1405 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 29 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CINDY MCDANIEL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9737489000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 467 FRANKLIN STREET | AddressLine1 |
| City | BLOOMFIELD | City |
| State | NJ | State |
| ZIP Code | 07003 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (44 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| DR ADRIAN A SHELBY | |||||||
| SECRETARY | 0.50 | X | X | 0 | 0 | 0 | |
| JOHN DELUCCA | |||||||
| VICE CHAIR | 0.50 | X | X | 0 | 0 | 0 | |
| MARTIN MCKERROW | |||||||
| CHAIR | 0.50 | X | X | 0 | 0 | 0 | |
| STEPHEN GLASSER | |||||||
| VICE CHAIR | 0.50 | X | X | 0 | 0 | 0 | |
| ANNE MOREAU THOMAS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| CARMEN AMALIA CORRALES | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| CAROLYN GLYNN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DIANA DRYSDALE | |||||||
| TRUSTEE (PARTIAL YEAR) | 0.00 | X | 0 | 0 | 0 | ||
| DOROTHEA BENTON FRANK | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DR ERNESTO BUTCHER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DR MAUREEN GRANT | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DR NICHOLAS CARLOZZI | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DR RICHARD A POLLACK | |||||||
| TRUSTEE (PARTIAL YEAR) | 0.50 | X | 0 | 0 | 0 | ||
| DR STEVEN M ROSE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| EMER FEATHERSTONE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| GLENN M REITER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| HANK UBEROI | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| HANNAH RICHMAN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| HECTOR O BANEGAS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JAMES R GILLEN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JOEL M WEINER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JOSEAN FERNANDEZ | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| NANCY LANE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| NANCY VAN DUYNE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| PATRICIA ETZOLD | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| RENEE BALDAN-SELITTO | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| RICHARD LARSEN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| ROSEMARY IVERSEN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| SANFORD B PRATER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| VERNON ENDO | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| WILLIAM H TURNER III | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| ADAM CASTRO | |||||||
| VP ENROLLMENT MANAGEMENT | 37.50 | X | 129958 | 0 | 17732 | ||
| HOWARD C BUXBAUM | |||||||
| VP OF FINANCE | 37.50 | X | 116676 | 0 | 9101 | ||
| KWI BRENNAN | |||||||
| VP ADVANCEMENT | 37.50 | X | 169336 | 0 | 29595 | ||
| MARION TERENZIO | |||||||
| VP ACADEMIC AFFAIRS | 37.50 | X | 150868 | 0 | 28807 | ||
| PATRICK LAMY | |||||||
| VP STUDENT AFFAIRS | 37.50 | X | 141270 | 0 | 18277 | ||
| PETER JEONG | |||||||
| VP ATI | 37.50 | X | 362413 | 0 | 60383 | ||
| RICHARD LEVAO | |||||||
| PRESIDENT | 37.50 | X | 347046 | 0 | 69712 | ||
| WILLIAM MCDONALD | |||||||
| VP CAMPUS PLANNING | 37.50 | X | 146052 | 0 | 94289 | ||
| CAROLYN SPIES | |||||||
| ASSOC. DEAN ADAC SUPP | 37.50 | 106756 | 0 | 22771 | X | ||
| JOHN TOWSEN | |||||||
| PROFESSOR | 37.50 | 138215 | 0 | 57525 | X | ||
| MARIA VOGT | |||||||
| PROFESSOR | 37.50 | 113354 | 0 | 29497 | X | ||
| MICHAEL SCHIRO | |||||||
| PROFESSOR | 37.50 | 106647 | 0 | 29876 | X | ||
| NEDDIE SERRA | |||||||
| PROFESSOR | 37.50 | 133784 | 0 | 22493 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2162375 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 490058 | TotalOtherCompensation |
| Number Individuals GT100 K | 22 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| FALLON & PACHECO ARCHITECTS | |||||
| 120 OVERLOOK TERRACE | BLOOMFIELD | NJ | 07003 | ARCHITECT | 299924 |
| MCMORAN & O'CONNOR & BRAMLEY | |||||
| 2399 HIGHWAY 34 BLDG D SUITE D-1 | MANASQUAN | NJ | 08736 | LEGAL | 133672 |
| DRINKER BIDDLE & REATH | |||||
| 500 CAMPUS DRIVE | FLORHAM PARK | NJ | 07932 | LEGAL | 121723 |
| JH COHN LLP | |||||
| 4 BECKER FARM ROAD | ROSELAND | NJ | 07078 | ACCOUNTING | 113000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Fundraising Events | 52720 | FundraisingEvents |
| Government Grants | 1956876 | GovernmentGrants |
| All Other Contributions | 1643906 | AllOtherContributions |
| Total Contributions | 3653502 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611310 | 49857680 | 49857680 |
| AUXILIARY SALES AND SERVICES | 611710 | 6129817 | 6129817 |
| 0 | |||
| 0 | |||
| 0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 55987497 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 403671 | TotalRevenueColumn |
| Exclusion | $403,671 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 20800 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 172815 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -152015 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -152015 | TotalRevenueColumn |
| Exclusion | -$152,015 | ExclusionAmount |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 13145 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 52720 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 38773 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -25628 | TotalRevenueColumn |
| Exclusion | -$25,628 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| PARKING | 611710 | 49875 | $49,875 |
| VENDING | 611710 | 24372 | $24,372 |
| 0 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 90694 | TotalRevenueColumn |
| Related Or Exempt Function Income | 90694 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 164941 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 60031968 | TotalRevenueColumn |
| Related Or Exempt Function Income | 56078191 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $300,275 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15147538 | Total |
| Program Services | 15147538 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1806515 | Total |
| Program Services | 909708 | ProgramServices |
| Management And General | 697876 | ManagementAndGeneral |
| Fundraising | 198931 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17951911 | Total |
| Program Services | 16084026 | ProgramServices |
| Management And General | 1546201 | ManagementAndGeneral |
| Fundraising | 321684 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1338122 | Total |
| Program Services | 1198891 | ProgramServices |
| Management And General | 115253 | ManagementAndGeneral |
| Fundraising | 23978 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2886449 | Total |
| Program Services | 2561248 | ProgramServices |
| Management And General | 253934 | ManagementAndGeneral |
| Fundraising | 71267 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1480633 | Total |
| Program Services | 1326574 | ProgramServices |
| Management And General | 127527 | ManagementAndGeneral |
| Fundraising | 26532 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 145344 | Total |
| Management And General | 145344 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 139175 | Total |
| Management And General | 139175 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30360 | Total |
| Fundraising | 30360 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16928 | Total |
| Management And General | 16928 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1617936 | Total |
| Program Services | 1022803 | ProgramServices |
| Management And General | 595133 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98299 | Total |
| Program Services | 68115 | ProgramServices |
| Management And General | 30059 | ManagementAndGeneral |
| Fundraising | 125 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4163064 | Total |
| Program Services | 3775468 | ProgramServices |
| Management And General | 305847 | ManagementAndGeneral |
| Fundraising | 81749 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1143788 | Total |
| Program Services | 1022220 | ProgramServices |
| Management And General | 111890 | ManagementAndGeneral |
| Fundraising | 9678 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1570721 | Total |
| Program Services | 1430080 | ProgramServices |
| Management And General | 125160 | ManagementAndGeneral |
| Fundraising | 15481 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 820801 | Total |
| Program Services | 793808 | ProgramServices |
| Management And General | 24563 | ManagementAndGeneral |
| Fundraising | 2430 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1782319 | Total |
| Program Services | 1654332 | ProgramServices |
| Management And General | 77902 | ManagementAndGeneral |
| Fundraising | 50085 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 572867 | Total |
| Management And General | 572867 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2462588 | Total |
| Program Services | 2238520 | ProgramServices |
| Management And General | 199399 | ManagementAndGeneral |
| Fundraising | 24669 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 352101 | Total |
| Program Services | 191658 | ProgramServices |
| Management And General | 160443 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OTHER PROGRAM COSTS AND OTHER EXPENSES | 836111 | 795381 | 15470 | 25260 |
| MEMBERSHIP AND DUES | 162936 | 55111 | 102621 | 5204 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56526506 | Total |
| Program Services | 50275481 | ProgramServices |
| Management And General | 5363592 | ManagementAndGeneral |
| Fundraising | 887433 | Fundraising |
Total Joint Costs TotalJointCosts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 161073 | BOY |
| EOY | 240595 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9105138 | BOY |
| EOY | 11698649 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 177630 | BOY |
| EOY | 570985 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 889333 | BOY |
| EOY | 880256 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 335048 | BOY |
| EOY | 942831 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 68906593 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 26721897 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40407804 | BOY |
| EOY | 42184696 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9865323 | BOY |
| EOY | 10732253 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 742179 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60941349 | BOY |
| EOY | 67992444 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1475902 | BOY |
| EOY | 2145117 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 731369 | BOY |
| EOY | 300763 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11799268 | BOY |
| EOY | 14071128 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 798518 | BOY |
| EOY | 699496 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14805057 | BOY |
| EOY | 17216504 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35871975 | BOY |
| EOY | 39410577 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3057604 | BOY |
| EOY | 4051182 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7206713 | BOY |
| EOY | 7314181 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46136292 | BOY |
| EOY | 50775940 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60941349 | BOY |
| EOY | 67992444 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 3505462 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 1134186 | ReconciliationUnrealizedInvest |
| Reconcilation Donated Services | 0 | ReconcilationDonatedServices |
| Reconcilation Invest Expenses | 0 | ReconcilationInvestExpenses |
| Reconcilation Prior Adjustment | 0 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9511367 | BeginningOfYearBalance |
| Contributions | 107468 | Contributions |
| Investment Earnings Or Losses | 1500596 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 272782 | GrantsOrScholarships |
| Other Expenditures | 66543 | OtherExpenditures |
| Administrative Expenses | 62400 | AdministrativeExpenses |
| End Of Year Balance | 10717706 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10146915 | BeginningOfYearBalance |
| Contributions | 119835 | Contributions |
| Investment Earnings Or Losses | 85126 | InvestmentEarningsOrLosses |
| Other Expenditures | 349028 | OtherExpenditures |
| Administrative Expenses | 491481 | AdministrativeExpenses |
| End Of Year Balance | 9511367 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8498914 | BeginningOfYearBalance |
| Contributions | 270680 | Contributions |
| Investment Earnings Or Losses | 1667559 | InvestmentEarningsOrLosses |
| Administrative Expenses | 290238 | AdministrativeExpenses |
| End Of Year Balance | 10146915 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6626188 | BeginningOfYearBalance |
| Contributions | 1704293 | Contributions |
| Investment Earnings Or Losses | 485049 | InvestmentEarningsOrLosses |
| Administrative Expenses | 316616 | AdministrativeExpenses |
| End Of Year Balance | 8498914 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8613756 | BeginningOfYearBalance |
| Contributions | 249885 | Contributions |
| Investment Earnings Or Losses | 106031 | InvestmentEarningsOrLosses |
| Other Expenditures | 2056079 | OtherExpenditures |
| Administrative Expenses | 287405 | AdministrativeExpenses |
| End Of Year Balance | 6626188 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.11300 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.68200 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.20500 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 56751900 | OtherCostOrOtherBasis |
| Depreciation | 17043322 | Depreciation |
| Book Value | 39708578 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1776540 | OtherCostOrOtherBasis |
| Depreciation | 1085113 | Depreciation |
| Book Value | 691427 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10378153 | OtherCostOrOtherBasis |
| Depreciation | 8593462 | Depreciation |
| Book Value | 1784691 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 42184696 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CAPITAL LEASE OBLIGATION | $198,963 |
| CONDITIONAL ASSET RETIREMENT OBLIGATION | $191,481 |
| ACCRUED RETIREMENT BENEFIT OBLIGATION | $309,052 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 699496 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 46850165 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1134185 | NetUnrealizedGainsInvestments |
| Other Revenues | 211588 | OtherRevenues |
| Revenue Not Rptd F990 | 1345773 | RevenueNotRptdF990 |
| Revenue Subtotal | 45504392 | RevenueSubtotal |
| Other Revenues Not Included | 14510648 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 14510648 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 60015040 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 42210518 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 211588 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 211588 | ExpensesNotRptdF990 |
| Expenses Subtotal | 41998930 | ExpensesSubtotal |
| Other Expenses Not Included | 14510648 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 14510648 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 56509578 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Intended uses of endowment funds | Schedule D, Part V, Line 4 | THE ENDOWMENT CONSISTS OF APPROXIMATELY 70 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES (SCHOLARSHIPS AND PROGRAM SUPPORT). IT INCLUDES BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT FUNDS WHILE ALSO MAINTAINING THE PURCHASING POWER OF THOSE ENDOWMENT ASSETS OVER THE LONG-TERM. THE COLLEGE HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR 4% OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OF THE AVERAGE OF THE PRIOR TWELVE QUARTERS PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. |
| FIN 48 (ASC 740) footnote | Schedule D, Part X, Line 2 | THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF THE NEW JERSEY STATE INCOME TAX LAWS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE COLLEGE HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2013 AND 2012. THE COLLEGE'S U.S. FEDERAL AND STATE TAX FILINGS PRIOR TO FISCAL YEAR 2010 ARE CLOSED, AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE COLLEGE RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS OPERATING EXPENSES AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCRUED EXPENSES IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. THERE WERE NO INTEREST OR PENALTIES PAID FOR THE YEARS ENDED JUNE 30, 2013 AND 2012. |
| Other revenues in audited financial statements not in form 990 | Schedule D, Part XI, Line 2d | DIRECT FUNDRAISING EXPENSES - 38773; NET RENTAL INCOME LOSS - 172815; |
| Other revenues in form 990 not in audited financial statements | Schedule D, Part XI, Line 4b | INSTITUTIONAL AID - 14510648; |
| Other expenses in audited financial statements not in form 990 | Schedule D, Part XII, Line 2d | DIRECT FUNDRAISING EXPENSES - 38773; NET RENTAL INCOME LOSS - 172815; |
| Other expenses in form 990 not in audited financial statements | Schedule D, Part XII, Line 4b | INSTITUTIONAL AID - 14510648; |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Racially nondiscriminatory policy | Schedule E, Part I, Line 3 | DURING THE REGISTRATION PERIOD, THE NONDISCRIMINATORY POLICY IS PUBLISHED THROUGH THE COURSE OFFERING CATALOG (PAGE 2) WHICH IS GIVEN TO EVERY STUDENT. WHEN RECRUITING STUDENTS THROUGH THE MAIL, ALL SOLICITATION MATERIALS ALWAYS CONTAIN THE NONDISCRIMINATORY POLICY. |
| Financial aid or assistance from a governmental agency | Schedule E, Part I, Line 6a | SEE SCHEDULE B FOR DETAIL OF GOVERNMENT AGENCY ASSISTANCE. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADVANTAGE PLUS CONSULTING | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 746 | AddressLine1 |
| City | WEST CALDWELL | City |
| State | NJ | State |
| ZIP Code | 07006 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING (PHONE & MAIL APPEAL) | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Gross Receipts | 46066 | GrossReceipts |
| Amount Retained By Contractor | 28543 | AmountRetainedByContractor |
| Net To Organization | 17523 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 46066 | TotalGrossReceipts |
| Total Retained By Contractors | 28543 | TotalRetainedByContractors |
| Total Net To Organization | 17523 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 65865 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 52720 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 13145 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 16204 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 5500 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 17069 | OtherDirectExpensesEvent1 |
| Gross Revenue Event2 | 0 | GrossRevenueEvent2 |
| Gross Revenue Other Events | 0 | GrossRevenueOtherEvents |
| Gross Receipts Total | 65865 | GrossReceiptsTotal |
| Charitable Contributions Total | 52720 | CharitableContributionsTotal |
| Gross Revenue Total Events | 13145 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 0 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 0 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 16204 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 5500 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 17069 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 38773 | DirectExpenseSummaryEvents |
| Net Income Summary | -25628 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | INSTITUTIONAL TUITION ASSISTANCE | TypeOfGrant |
| Number Of Recipients | 1795 | NumberOfRecipients |
| Amount Of Cash Grant | 12919866 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedures for monitoring use of grant funds | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | THE ORGANIZATION ISSUES GRANTS TO QUALIFIED INDIVIDUALS. THE GRANT FUNDS ARE THEN USED DIRECTLY AGAINST THE STUDENTS ACCOUNT AS PAYMENT TOWARDS THEIR COLLEGE EDUCATION. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KWI BRENNAN | ||||||||||||||
| VP ADVANCEMENT | 169336 | 0 | 0 | 0 | 0 | 0 | 17146 | 0 | 12449 | 0 | 198931 | 0 | 0 | 0 |
| MARION TERENZIO | ||||||||||||||
| VP ACADEMIC AFFAIRS | 150868 | 0 | 0 | 0 | 0 | 0 | 15522 | 0 | 13285 | 0 | 179675 | 0 | 0 | 0 |
| PATRICK LAMY | ||||||||||||||
| VP STUDENT AFFAIRS | 141270 | 0 | 0 | 0 | 0 | 0 | 14123 | 0 | 4154 | 0 | 159547 | 0 | 0 | 0 |
| PETER JEONG | ||||||||||||||
| VP ATI | 362413 | 0 | 0 | 0 | 0 | 0 | 25000 | 0 | 35383 | 0 | 422796 | 0 | 0 | 0 |
| RICHARD LEVAO | ||||||||||||||
| PRESIDENT | 262046 | 0 | 85000 | 0 | 0 | 0 | 25209 | 0 | 44503 | 0 | 416758 | 0 | 0 | 0 |
| WILLIAM MCDONALD | ||||||||||||||
| VP CAMPUS PLANNING | 146052 | 0 | 0 | 0 | 0 | 0 | 15245 | 0 | 79044 | 0 | 240341 | 0 | 0 | 0 |
| NEDDIE SERRA | ||||||||||||||
| PROFESSOR | 133784 | 0 | 0 | 0 | 0 | 0 | 10700 | 0 | 11793 | 0 | 156277 | 0 | 0 | 0 |
| JOHN TOWSEN | ||||||||||||||
| PROFESSOR | 138215 | 0 | 0 | 0 | 0 | 0 | 44375 | 0 | 13150 | 0 | 195740 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Housing allowance or residence for personal use | Schedule J, Part I, Line 1a | THE ORGANIZATION PROVIDES HOUSING FOR THE PRESIDENT AS AGREED UPON IN HIS CONTRACT, THE COLLEGE REQUIRES HIM TO MAINTAIN A RESIDENCE ON CAMPUS. AS SUCH, THE COLLEGE CONSIDERS THIS TO BE FOR BUSINESS USE AND IS NOT TAXABLE TO THE PRESIDENT. |
| Health or social club dues or initiation fees | Schedule J, Part I, Line 1a | THE ORGANIZATION PROVIDES HEALTH/SOCIAL CLUB DUES FOR THE PRESIDENT FOR USE IN BUSINESS RELATED MEETINGS. AS SUCH, THIS BENEFIT IS NOT TAXABLE TO THE PRESIDENT. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NJ EDUCATIONAL FACILITIES AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 221829511 | IssuerEIN |
| Date Issued | 2013-05-13 | DateIssued |
| Issue Price | 32267000 | IssuePrice |
| Description Of Purpose | CONSTRUCTION OF NEW DORMITORY, REFUNDING PRIOR ISSUE | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 32284179 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 17179 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 548758 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 85729 | CapitalExpenditures |
| Other Spent Proceeds | 7020516 | OtherSpentProceeds |
| Amount Unspent | 24611997 | AmountUnspent |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | false | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Engage Bond Counsel Contracts | false | EngageBondCounselContracts |
| Any Research Agreements | false | AnyResearchAgreements |
| Engage Bond Counsel Research | false | EngageBondCounselResearch |
| Prcntge Prvt Business Use By Others | 0.0000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.0000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.0000 | TotalPrivateBusinessUse |
| Bond Iss Meet Prvt Security Pay Test | false | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedProp |
| Prcntge Bond Financed Prop | 0.0000 | PrcntgeBondFinancedProp |
| Remedial Action Taken | false | RemedialActionTaken |
| Non Qualified Bond Remed Procdrs | true | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiled |
| Rebate Not Due Yet | true | RebateNotDueYet |
| Exception To Rebate | false | ExceptionToRebate |
| No Rebate Due | false | NoRebateDue |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
| Term Of Hedge | 0.0 | TermOfHedge |
| Superintegrated Hedge | false | SuperintegratedHedge |
| Hedge Terminated | false | HedgeTerminated |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
| Term Of GIC | 0.0 | TermOfGIC |
| Regulatory Safe Harbor Satisfied | false | RegulatorySafeHarborSatisfied |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Written Proc To Monitor Reqs | true | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | true | ProcToUndertkCorrectiveAction |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | TOTAL PROCEEDS NOT IDENTIAL TO ISSUE PRICE IN PART I | Identifier |
| Return Reference | SCHEDULE K, PART II, LINE 3 | ReturnReference |
| Explanation | THE TOTAL PROCEEDS OF ISSUE IN SCHEDULE K, PART II, LINE 3 HAVE BEEN ADJUSTED ACCORDING TO THE INSTRUCTIONS TO INCLUDE CAPITALIZED EARNINGS OF $17,179, AND THEREFORE IS NOT IDENTICAL TO PART I, COLUMN (E). | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Delegate broad authority to a committee | Form 990, Part VI, Section A, Line 1a | THE EXECUTIVE COMMITTEE SHALL CONSIST OF ALL OFFICERS OF THE BOARD OF TRUSTEES AND CHAIRPERSONS OF ALL STANDING COMMITTEES. WHEN THE CHAIRPERSON OF A STANDING COMMITTEE IS UNABLE TO ATTEND AN EXECUTIVE COMMITTEE MEETING, THE VICE CHAIRPERSON OF THAT STANDING COMMITTEE, WHO MAY ATTEND IN THE CHAIRPERSON'S PLACE, SHALL HAVE FOR THAT MEETING ALL OF THE POWERS OF AN EXECUTIVE COMMITTEE MEMBER AND SHALL BE COUNTED FOR THE PURPOSE OF ESTABLISHING A QUORUM. THE PRESIDENT OF THE COLLEGE SHALL SERVE AS AN EX OFFICIO MEMBER WITH VOTE. DURING THE PERIOD BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THIS COMMITTEE SHALL EXERCISE ALL OF THE POWERS OF THE BOARD OF TRUSTEES AT SUCH TIME AS THE BOARD IS NOT IN SESSION EXCEPT TO ELECT MEMBERS OF THE BOARD, AMEND THESE BYLAWS, REMOVE FROM OFFICE, OR ANY OTHER MATTERS SPECIFICALLY RESERVED TO ITSELF BY THE BOARD. IT SHALL REPORT ALL ACTION AT THE NEXT REGULAR MEETING OF THE BOARD OF TRUSTEES. THIS COMMITTEE SHALL BE RESPONSIBLE FOR LONG RANGE PLANNING POLICIES FOR THE COLLEGE AND FOR INCLUDING IN THIS PROCESS THE VARIOUS CONSTITUENCIES OF THE COLLEGE; AND SHALL CAUSE PERIODIC MANAGEMENT REVIEW TO ASSURE EFFICIENT AND EFFECTIVE POLICY IMPLEMENTATION, GOOD ADMINISTRATIVE PRACTICE AND OPEN COMMUNICATION THROUGHOUT THE ACADEMIC COMMUNITY. |
| Review of form 990 by governing body | Form 990, Part VI, Section B, Line 11b | THE VICE PRESIDENT OF FINANCE WILL REVIEW A COMPLETE COPY OF THE FORM 990 WITH THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. MANAGEMENT AND THE ORGANIZATION'S TAX CONSULTANTS WILL ALSO PRESENT A COMPLETE COPY OF THE FORM 990 TO THE AUDIT COMMITTEE FOR ITS REVIEW BEFORE FILING WITH THE IRS. |
| Conflict of interest policy | Form 990, Part VI, Section B, Line 12c | UNDER CHAPTER II, ARTICLE G OF THE COLLEGE BY-LAWS THE BOARD OF TRUSTEES ARE COVERED BY THE CONFLICT OF INTEREST POLICY. IN GENERAL A CONFLICT CAN OCCUR IN TWO CASES. FIRST, IF THERE IS AN EXISTING OR POTENTIAL FINANCIAL OR OTHER INTEREST THAT IMPAIRS OR APPEARS TO IMPAIR THE TRUSTEES INDEPENDENT UNBIASED JUDGMENT. SECOND, IF A FAMILY MEMBER OR ORGANIZATION IN WHICH THE TRUSTEE HAS A CONTROLLING INTEREST HAS AN RELATIONSHIP WITH THE COLLEGE THAT WOULD IMPAIR THE UNBIASED AND INDEPENDENT JUDGMENT OF THE TRUSTEE. CONFLICTS WOULD BE REVIEWED BY THE BOARD OF TRUSTEES. THERE IS A REQUIRED RECUSAL FROM VOTING IN WHICH A CONFLICT OCCURS. |
| Process used to establish compensation of top management official | Form 990, Part VI, Section B, Line 15a | COMPENSATION FOR THE PRESIDENT IS REVIEWED BY THE COMPENSATION COMMITTEE AND ALSO REVIEWED BY THE BOARD IN CLOSED SESSION. THE COLLEGE PREPARES A STUDY OF COMPARABLE POSITIONS BASED ON DATA OBTAINED BY THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION. DOCUMENTATION OF DELIBERATIONS & DECISIONS ARE DOCUMENTED BY MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2013. |
| Process used to establish compensation of other officers/key employees | Form 990, Part VI, Section B, Line 15b | COMPENSATION FOR THE OFFICERS IS REVIEWED BY THE PRESIDENT AND THE COMPENSATION COMMITTEE AND ALSO REVIEWED BY THE BOARD IN CLOSED SESSION. THE COLLEGE PREPARES A STUDY OF COMPARABLE POSITIONS BASED ON DATA OBTAINED BY THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION. DOCUMENTATION OF DELIBERATIONS & DECISIONS ARE DOCUMENTED BY MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2013. |
| Governing documents, conflict of interest policy and financial statements available to the public | Form 990, Part VI, Section C, Line 19 | THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. |
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