2014-12-01T13:24:26-06:00 2014-05-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2013-06-01 160909446 TROCAIRE COLLEGE TROC 7168261200 360 CHOATE AVE BUFFALO NY 142202094 JOHN J HUDACK CHIEF FINANCIAL OFFICER 7168261200 2014-10-28 1 JOHN P SCHIAVONE P00228702 7168563300 2013 2015-11-30 17:44:51Z JOHN J HUDACK 360 CHOATE AVE BUFFALO NY 142202094 26672065 0 X WWW.TROCAIRE.EDU X 1958 NY TROCAIRE IS THE COLLEGE WHERE LIVES ARE TRANSFORMED. GRADUATES WILL BE THE FIRST CHOICE OF EMPLOYERS. 21 20 360 150 0 0 1245451 803483 19683030 20042601 544321 627586 161175 145626 21633977 21619296 1781873 1854257 0 0 11952292 11710447 0 0 894430 6052831 5292536 19786996 18857240 1846981 2762056 27840861 30311118 4630677 4051073 23210184 26260045 X TROCAIRE COLLEGE, A PRIVATE, CAREER-ORIENTED CATHOLIC COLLEGE, IN THE SPIRIT OF THE SISTERS OF MERCY, STRIVES TO EMPOWER STUDENTS TOWARD PERSONAL ENRICHMENT, DIGNITY AND SELF-WORTH THROUGH EDUCATION IN A VARIETY OF PROFESSIONS AND IN THE LIBERAL ARTS. RECOGNIZING THE INDIVIDUAL NEEDS OF A DIVERSE STUDENT BODY, TROCAIRE COLLEGE PROVIDES LIFE LEARNING AND DEVELOPMENT WITHIN A COMMUNITY-BASED ENVIRONMENT. TROCAIRE COLLEGE PREPARES STUDENTS FOR SERVICE IN THE UNIVERSAL COMMUNITY. 0 0 9774785 1854257 19137976 INSTRUCTION - A 4-YEAR, PRIMARILY ASSOCIATE'S DEGREE-GRANTING PRIVATE NOT-FOR-PROFIT COLLEGE, OFFERING PRE-BACCALAUREATE CERTIFICATES, ASSOCIATE'S DEGREES AND BACHELOR'S DEGREES, REACHING APPROXIMATELY 2000 FULL-AND PART-TIME CREDIT STUDENTS, WITH THREE ACADEMIC SEMESTERS (FALL, SPRING, SUMMER) AND OFFERING COURSES DURING THE DAY, IN THE EVENING, ON WEEKENDS AND VIA DISTANCE EDUCATION, AS WELL AS PROVIDING NON-CREDIT LIFELONG LEARNING AND CONTINUING EDUCATION 2642540 223008 ACADEMIC SUPPORT INCLUDES SERVICES TO STUDENTS IN THE FOLLOWING AREAS: LIBRARY, LEARNING CENTER, STUDENT GOVERNMENT, ADMISSIONS, FINANCIAL ASSISTANCE, STUDENT RECORDS, ADVISEMENT, BILLING, CAREER COUNSELING, AND HEALTH RECORDS 721560 681617 AUXILIARY SERVICE SERVICES - A COLLEGE STORE THAT SELLS TEXT BOOKS AND SUPPLIES FOR THE CONVENIENCE OF THE STUDENTS 13138885 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 25 0 1 360 1 0 0 0 0 0 1 1 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X JOHN J HUDACK 7168261200 360 CHOATE AVE BUFFALO NY 14220 SISTER JOANNE COURNEEN RSM BOARD MEMBER 2.00 X 0 0 0 SISTER DIANE MATJE RSM BOARD MEMBER 2.00 X 0 0 0 THOMAS J GAMBLE PHD BOARD MEMBER 2.00 X 0 0 0 BRIAN GOULD BOARD MEMBER 2.00 X 0 0 0 LISA KIRISITS CPA BOARD MEMBER 2.00 X 0 0 0 MICHELE LADOUCEUR BOARD MEMBER 2.00 X 0 0 0 TERESA LAWRENCE PHD BOARD MEMBER 2.00 X 0 0 0 CINDY RICH BOARD MEMBER 2.00 X 0 0 0 SISTER EILEEN O'CONNOR RSM BOARD MEMBER 2.00 X 0 0 0 SHARON HANSON BOARD CHAIR 2.00 X X 0 0 0 ROBERT MCDOW TREASURER 2.00 X X 0 0 0 SIOBHAN SMITH BOARD MEMBER 2.00 X 0 0 0 WILLIAM PALADINO BOARD MEMBER 2.00 X 0 0 0 SISTER SALLY WALZ RSM BOARD MEMBER 2.00 X 0 0 0 JONATHAN SWIATKOWSKI CPA BOARD VICE CHAIR 2.00 X X 0 0 0 SISTER MARY JEANNE THOMAS DANAHY RS BOARD MEMBER 2.00 X 0 0 0 JAMES NOTARO PHD BOARD MEMBER 2.00 X 0 0 0 THOMAS QUATROCHE PHD BOARD MEMBER 2.00 X 0 0 0 MAUREEN A WINNERT BOARD MEMBER 2.00 X 0 0 0 SHARON PRISE AZURIN ESQ BOARD MEMBER 2.00 X 0 0 0 NANCY SHEEHAN RN JD BOARD MEMBER 2.00 X 0 0 0 BASSAM M DEEB PHD PRESIDENT 40.00 X 178651 0 26844 JOHN HUDACK CHIEF FINANCIAL OFFICER 40.00 X 76407 0 24998 RICHARD BERNECKI FORMER VP OF FINANCE & ADMINISTRATION 40.00 X 116982 0 8333 372040 0 60175 2 1 1 0 0 118675 500221 184587 803483 STUDENT TUITION AND FEES 611710 19137976 19137976 AUXILIARY ENTERPRISES - BOOKSTORE 451211 681617 681617 LIFELONG LEARNING 611710 223008 223008 20042601 200135 200135 5453798 5026347 427451 427451 427451 18850 118675 26422 -7572 -7572 COPY MACHINE INCOME 561439 131724 131724 TRAINING FEES 611710 8390 8390 MISCELLANEOUS 611710 7017 7017 6067 6067 153198 21619296 19796825 0 1018988 1854257 1854257 307327 307327 8625463 7157552 1198277 269634 557775 459426 81042 17307 1502611 1243688 212072 46851 717271 576958 118534 21779 24881 24881 873196 2070 871126 507932 30557 6159 471216 1366132 1022133 302853 41146 202546 67447 120353 14746 574821 574821 55057 29845 22080 3132 42188 18503 22630 1055 584306 58535 525771 78027 31751 46276 AUXILIARY SERVICES 469959 469959 BAD DEBT 223230 223230 REPAIRS & MAINTENANCE 199217 61521 136598 1098 MEMBERSHIPS AND SUBSCRI 91044 54683 29895 6466 18857240 13138885 4823925 894430 702 0 8075656 9825189 456077 489101 22147 95258 145801 147074 213234 272639 15626412 6953176 9036831 8673236 8813625 9690445 1066883 1113335 9905 4841 27840861 30311118 1095394 1060020 429210 357240 3106073 2633813 4630677 4051073 X 20421551 24502532 2407293 1376173 381340 381340 23210184 26260045 27840861 30311118 2762056 287805 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2195196 45854 1069592 0 1171458 1983626 211570 2195196 2014496 -30870 1983626 1791031 223465 2014496 1494422 240000 56609 1791031 0.32600 0.67400 0 0 1119064 1119064 10689857 3810390 6879467 3817491 3142786 674705 8673236 20176482 287805 287805 19888677 24880 1705739 1730619 21619296 17126621 0 17126621 24880 1705739 1730619 18857240 PART V, LINE 4: ENDOWMENT FUNDS ARE RESTRICTED FOR TIME BY THE US DEPARTMENT OF EDUCATION, AND AFTER A CERTAIN POINT, THE COLLEGE CAN USE THEM FOR UNRESTRICTED PURPOSES. PART XI, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS ETC PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS ETC PART XI, LINE 2D -OTHER ADJUSTMENTS: NET UNREALIZED GAINS ON INVESTMENT 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE COLLEGE CATALOG, AN IMPORTANT PART OF THEIR PROMOTIONAL LITERATURE. A SHORTENED VERSION APPEARS IN OTHER PUBLICATIONS SUCH AS BROCHURES, ADVERTISEMENTS, AND COURSE SCHEDULES. SCHEDULE E, PART I, LINE 6 GOVERNMENT SUBSIDIZED LOANS TRUSTEE RECEPTION 137525 118675 18850 26422 NONE 137525 118675 18850 26422 26422 -7572 1 SCHOLARSHIPS, TUITION DISCOUNTS, AND STUDENT AID FOR STUDENTS ATTENDING TROCAIRE COLLEGE. 1267 1236171 618086 FMV EDUCATIONAL SUPPLIES SUCH AS TEXTBOOKS, NOTEBOOKS, WRITING MATERIALS, PROGRAM SPECIFIC SUPPLIES, AND OTHER VARIOUS EDUCATIONAL RELATED SUPPLIES. PART I, LINE 2: ONCE TROCAIRE COLLEGE AWARDS SCHOLARSHIPS, DISCOUNTS, AND/OR STUDENT AID, AND THE STUDENT ACCEPTS THOSE FUNDS, THE COLLEGE DIRECTLY CREDITS THE STUDENTS TUITION BILL. X 1 1 X X 1 0 0 0 0 0 0 0 0 BASSAM M DEEB PHD PRESIDENT 178651 0 0 0 0 0 6101 0 20743 0 205495 0 0 0 RICHARD BERNECKI FORMER VP OF FINANCE & ADMINISTRATIO 116982 0 0 0 0 0 4435 0 3898 0 125315 0 0 0 PART I, LINE 1A THE COLLEGE PAYS THE MEMBERSHIP DUES FOR THE PRESIDENT AT A LOCAL SOCIAL CLUB AS THE SOCIAL CLUB IS USED TO HAVE MEETINGS OF THE BOARD AS WELL AS MEETINGS WITH POTENTIAL SUPPORTERS OF THE COLLEGE. PART I, LINE 4 A RICHARD BERNECKI RECEIVED SEVERANCE PAYMENTS DURING THE TIME PERIOD JUNE 1, 2013 THROUGH NOVEMBER 30, 2013. HE RECEIVED HIS BIWEEKLY SALARY OF $4,434.85 AND HEALTH INSURANCE OPT OUT PAYMENT OF $66.67. JONATHAN HUDACK SON OF CHIEF FINANCIAL OFFICER 37368 SALARY 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS DISTRIBUTED TO THE MEMBERS OF THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. AFTER REVIEW, THE COMMITTEE AUTHORIZES THE CHIEF FINANCIAL OFFICER TO SIGN THE DOCUMENT AT THE NEXT SCHEDULED FINANCE COMMITTEE MEETING. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF TRUSTEES ANNUALLY REVIEWS AND COMPLETES THE "CONFLICT OF INTEREST STATEMENT". KEY EMPLOYEES ARE REQUIRED TO REPORT ANY POSSIBLE CONFLICTS TO THEIR SUPERVISORS BY COMPLETING THE "CONFLICT OF INTEREST DISCLOSURE FORM". NO ANNUAL MONITORING OF KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR CEO/TOP MANAGEMENT IS REVIEWED AND SET BY THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES HAS A WRITTEN CONTRACT WITH THE PRESIDENT OF THE COLLEGE, AND IN ESTABLISHING A SALARY, THERE IS AN ASSESSMENT OF COMPARABLE PRESIDENT SALARIES. COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS BASED ON POSITION RESPONSIBILITIES AND OTHER COMPARABLE EXISTING EMPLOYEES SALARY LEVELS. FACULTY SALARY DECISIONS ARE GUIDED BY THE COLLECTIVE BARGAINING AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE PUBLIC CAN CONTACT THE PRESIDENT'S OFFICE DIRECTLY AND REQUEST TO SEE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR FINANCIAL STATEMENTS. THE REQUIRED DOCUMENTATION IS HELD AT THE MAIN CAMPUS WHICH IS THE SAME AS THE RETURNS ADDRESS.