2014-03-19T15:01:07-05:00 2013-06-30 GRANT THORNTON LLP 666 THIRD AVENUE NEW YORK NY 100174057 990 2012-07-01 131740469 Manhattanville College % NORMA BASS CONTROLLER MANH 9143235128 2900 Purchase Street Suite Purchase NY 10577 Erik Paulson 9143435128 2014-03-19 true 2125990100 2012 2015-11-30 17:44:51Z Jon Strauss President 2900 Purchase Street Purchase NY 10577 106230043 false X www.manhattanville.edu X 1841 NY To educate students to be ethical and socially-responsible leaders in a global community. 30 29 1638 0 51185 -47089 7118908 2927779 93130862 92268455 1040220 1233224 1445669 1758635 102735659 98188093 35273244 36464195 0 0 34791531 34421334 0 0 1328297 28896054 27873479 98960829 98759008 3774830 -570915 88019524 87147467 32814550 30563856 55204974 56583611 X THE MISSION OF MANHATTANVILLE COLLEGE IS TO EDUCATE ETHICAL AND SOCIALLY RESPONSIBLE LEADERS FOR THE GLOBAL COMMUNITY. MANHATTANVILLE IS COMMITTED TO FULFILLING THAT MISSION BY: ENSURING THE INTELLECTUAL, ETHICAL, AND SOCIAL DEVELOPMENT OF EACH STUDENT WITHIN A COMMUNITY OF ENGAGED SCHOLARS AND TEACHERS; ENCOURAGING EACH STUDENT TO DEVELOP AS AN INDEPENDENT AND CREATIVE THINKER IN PURSUING CAREER AND PERSONAL GOALS; AND PROVIDING A DIVERSE, INCLUSIVE AND NURTURING ENVIRONMENT WHICH DEVELOPS IN EACH STUDENT A COMMITMENT TO SERVICE AND LEADERSHIP WITHIN A GLOBAL COMMUNITY. false false 75889916 36464195 74548562 Manhattanville College (www.manhattanville.edu) is an independent, co-educational liberal arts institution dedicated to academic excellence and social and civic action. Manhattanville prepares students to be ethical and socially responsible leaders in a global community. Located just 30 minutes from New York City, Manhattanville serves 1,700 undergraduate students and 1,000 graduate students from more than 50 countries and 30 states. Founded in 1841, the College offers more than 50 undergraduate areas of study in the arts and sciences, and offers graduate programs in Education, Business, and Creative Writing as well as Continuing and Executive Education programs. 9506315 0 17719893 student and auxiliary services - MANHATTANVILLE COLLEGE IS COMMITTED TO OFFERING A RICH AND VARIED ARRAY OF SERVICES and support FOR STUDENTS. its STUDENTS ALSO PARTICIPATE IN OVER 40 SOCIAL CLUBS and organizations, RUN A RADIO STATION AND ENGAGE IN almost 30,000 HOURS OF COMMUNITY SERVICE EACH YEAR. STUDENT SERVICES COMPRISES ALL FACETS OF THE STUDENT COLLEGE EXPERIENCE INCLUDING RESIDENCE LIFE, ATHLETICS, CO-CURRICULAR ACTIVITIES As well as SOCIAL, psychological and leadership development program services and activities. RESIDENCE LIFE AT MANHATTANVILLE COLLEGE IS AN INTEGRAL PART OF THE EDUCATIONAL PROGRAM AND ACADEMIC SUPPORT SERVICES OF THE INSTITUTION. RESIDENCE LIFE IS MORE THAN JUST HOUSING AT THE COLLEGE. it STRIVEs TO CREATE A DYNAMIC LIVING ENVIRONMENT IN WHICH ALL STUDENTS ARE COMFORTABLE. THE RICH ARRAY OF SUPPORT SERVICES FOR STUDENTS INCLUDES THE COUNSELING CENTER, HEALTH CENTER, DISABILITY SERVICES, CENTER FOR CAREER DEVELOPMENT AND INTERNATIONAL STUDENT SERVICES. 85396231 true true false false false false false false true true true false false false true true true false true false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 100 0 true 1638 true true true false false false false true true false false false false X 30 29 true false false false false false false true true false false true true true true true true true true false X NORMA BASS CONTROLLER 9143235128 2900 PURCHASE STREET PURCHASE NY 10577 X Robert Hall 1.0 X D H Callahan 1.0 X Martin C Clague 1.0 X Ann Conroy 1.0 X Sally M Furay 1.0 X Nancy Roberts King 1.0 X P Nicholas Kourides 1.0 X Marcia DeWitt 1.0 X Ofelia Garcia 1.0 X Barbara J Rogers 1.0 X Sally J Rogers 1.0 X 0 0 0 Susan A Ross 1.0 X Kathleen T MCgahran 1.0 X Maura B Morey 1.0 X Mary Gawlicki 1.0 X Warren R Mason 1.0 X Elizabeth J McCormack 1.0 X Jon C Strauss 1.0 X X 292450 50000 Paula Zilka Colbert 1.0 X Paul A Cummins 1.0 X Dwight R HIlson 1.0 X William H Humphreys 1.0 X Kerry Piercy 1.0 X Helaine Smith 1.0 X Mary Foley Cooper 1.0 X Wiley C Harrison 1.0 X Kathryn Pilgram 1.0 X James C Ram 1.0 X Michael Watson 1.0 X Joseph B Norus 1.0 X marina vasarhelyi 35.0 X 203099 20514 j Gregory Palmer 35.0 X 179917 18204 Jose Gonzalez 35.0 X 192230 35848 gail simmons 35.0 X 207555 34572 Anthony Davidson 35.0 X 197034 36028 Erik Paulson 35.0 X 150752 31718 Donald Dean 35.0 X 140923 14990 Norma Bass 35.0 X 140165 20208 Pamela Duncan 35.0 X 129678 30366 Molly Easo Smith 35.0 X 294875 2128678 0 292448 25 true true false Chartwells Dining Services PO Box 91377 CHICAGO IL 606931337 Food contractor 3682624 Dynamic Campus 2806 Flintlock Trace AUSTIN TX 78738 IT Services 2915666 smg services po box 53 BRATTLEBORO VT 05302 cleaning services 1011740 FLPW 436 Willet Ave PORT CHESTER NY 10573 Construction 900362 TJR Inc PO Box 866 POUGHQUAG NY 12570 Construction 895050 26 28930 676054 2222795 68344 2927779 TUITION AND FEES 900099 74548562 74548562 ROOM AND BOARD (AUXILIARY ENT.) 900099 17719893 17719893 92268455 869131 869131 0 56862 56862 1046315 1046315 0 1046315 1046315 8380173 8016080 364093 364093 364093 13615 28930 25870 -12255 -12255 0 0 BOOKSTORE AND OTHER COMMISSIONS 611710 229879 30647 199232 EDUCATION/STUDENT PROGRAMS 900099 101855 101855 INSURANCE DIVIDENDS & RECOVERIES 900099 76824 76824 259155 20538 238617 667713 98188093 92447134 51185 2761995 X 0 36464195 36464195 0 0 779269 360298 216381 202590 0 26323031 23410338 2429404 483289 1686977 1472947 184979 29051 3171045 2773827 342510 54708 2461012 2149313 269308 42391 366080 366080 100378 100378 142700 142700 0 0 40325 40325 2051210 1075649 829944 145617 490039 454363 35676 623557 423472 139514 60571 3648378 108833 3517695 21850 0 5663274 4843953 796610 22711 1202521 1132570 48901 21050 0 191706 168807 17027 5872 923941 859770 62092 2079 0 3869020 3388897 462161 17962 1209603 518987 690616 STUDENT BOARD 3129003 3129003 PROGRAM SUPPLIES/EXP 939054 846720 76131 16203 CATERING/BUSINESS MEALS 633104 566731 30078 36295 STUDENT ACTIVITIES-ACAD CLUBS 267190 267190 2382396 980368 1235970 166058 98759008 85396231 12034480 1328297 370805 337722 2171432 2063409 4125237 2256725 3447087 2828095 0 0 0 0 1888142 1780533 0 0 438899 423352 114720100 65946583 47358707 48773517 26612583 27136637 0 0 0 0 0 0 1606632 1547477 88019524 87147467 6479900 5218946 0 0 5256552 5375432 16103219 14869954 144476 138029 0 0 2600000 0 0 2400000 2230403 2561495 32814550 30563856 X 34248150 36353649 10087334 9090188 10869490 11139774 55204974 56583611 88019524 87147467 X -570915 1949552 X X false true X true true true X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 26077915 680507 3101948 3306014 26554356 28545277 234649 62849 2764860 26077915 24441196 414454 5872918 2183291 28545277 19548357 1976602 2916237 24441196 22110534 2430960 -4993137 19548357 0.39800 0.42000 0.18200 false false 1840257 1840257 88383825 49949399 38434426 23272474 15997184 7275290 1223544 1223544 48773517 0 CAPITAL LEASE OBLIGATIONS 511628 US GOVERNMENT GRANTS REFUNDABLE 1218472 CONDITIONAL ASSET RETIREMENT OBLIGATIONS 831395 2561495 X 63658994 1949551 25870 1975421 61683573 40325 36464195 36504520 98188093 62280358 25870 25870 62254488 40325 36464195 36504520 98759008 FIN 48 Part IV Line 11(f) The College follows guidance that established the criterion that an individual tax position must meet for some or all of the benefits of that position to be recognized in an entity's financial statements. This standard requires the college to determine whether a tax position is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The college has processes in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; determine its filing and tax obligations in jurisdictions for which it has nexus; and to review other matters that may be considered tax positions. The tax years ending June 30 2010, 2011, 2012 and 2013 are still open to audit for both federal and state purposes. This standard has not had a material impact on the College's financial statements. Form 990, Sch D, Part IV, Line 2(b) The College has four annuitants in its Charitable Gift Annuity Program and reports a $138,029 liability on Part X, Line 21. Endowments Form 990, Sched D, Part V, Line 4 The College's endowment is intended to support the educational, curricular and cultural activities of the College's students, faculty and staff. The endowment's principal is intended to be left untouched for future growth and investment; the endowment's earnings are used to fund student scholarships, academic chairs, the campus ministry and facilities improvement. Reconciliation of revenue Schedule D, Part XI, Line 2(d) Direct expenses incurred for fundraising events were netted against that income on Line 8b of Part VIII: 25,870 Schedule D, Part XI, Line 4(b) Scholarships and Grants Reclassed to Part IX, Line 2: $36,464,195 reconciliation of expenses Schedule D, Part XII, Line 2(d) Direct expenses incurred for fundraising events were netted against that income on Line 8b of Part VIII: 25,870 Schedule D, Part XII, Line 4(b) Scholarships and Grants Reclassed to Part IX, Line 2: $36,464,195 true true true true true true true false false false false false false false false true false true disclosure of nondiscriminatory policy Schedule E, Part I, Line 3 The college regularly includes a non-discrimination disclosure in its student and prospective student publications and in an amendment to the by-laws of the board of trustees. Financial aid from governmental agencies Schedule E, Part I, Line 6a Manhattanville College is committed to making it possible for students of limited financial resources to attend the college. Millions of dollars in aid is awarded annually and students participate in federally-funded and state-supported grants and loan programs. SCHOLARSHIP EVT 34545 24210 10335 12078 1899 Wine Event 5900 3580 2320 3200 8693 1 2100 1140 960 42545 28930 13615 15278 10592 25870 -12255 true Scholarships - Undergraduate 2179 24056797 Scholarships - graduate 169 201853 Grants - undergraduate 1140 12027545 SEOG 187 178000 Schedule I, part I The College provides scholarships to students matriculating at the College based on need and/or merit. The College monitors students' files to ensure that the student receives necessary financial assistance based on grades, course of study and financial need. All funds granted are required to be used to defray the costs of attendance; funds may not be spent on discretionary items. X X true true X X true false false false false false false false false marina vasarhelyi 203099 20200 314 223613 j Gregory Palmer 179917 17925 279 198121 Jose Gonzalez 192230 19867 15981 228078 gail simmons 207555 19170 15402 242127 Molly Easo Smith 294875 294875 Jon C Strauss 286000 6450 50000 342450 Anthony Davidson 197034 20200 15828 233062 Erik Paulson 150752 15890 15828 182470 Donald Dean 140923 14435 555 155913 Norma Bass 140165 14352 5856 160373 Pamela Duncan 129678 14538 15828 160044 Form 990, Schedule J, Part I, Line 1 The President of the College is provided a home on the campus as a condition of his/her employment. The value of the residence provided to the president on campus has been assigned a fair market value of $50,000 and is included in Schedule J, Part II, Column D. In addition, the College provides housecleaning services for the President's personal living quarters at the employer-provided residence. Schedule J, Part II Former President Molly Easo Smith ceased her position as college President on May 25, 2011 and separated from service employment on December 31, 2011. Her entire calendar year 2012 compensation is severence pay and is reflected in Schedule J, Part II COlumn E. X 12 68344 FMV false true true Schedule M, Noncash Contributions When the College receives contributions of securities, it instructs its investment managers to sell them on the same day they are received and deposit the proceeds into the College's investment accounts. Policies family relationships form 990, part vi, section a, line 2 Board of Trustees Members, Sally Rogers and Barbara Rogers, have a family relationship. Process used to review form 990 Form 990, part VI, Section B, Line 11 The audit committee of Manhattanville College has a responsibility, as defined by its charter, to review the college's annual Form 990, and present it to the Full Board before the college submits it to the Internal Revenue Service. The audit committee of Manhattanville College is comprised of trustees. The trustees of the committee each have broad financial knowledge of the institution's operations. The audit committee reviewed the 2012 Form 990 at its meeting on February 4, 2014. The committee then provided the return to the full board for review during its meeting on February 6, 2014. Enforcement and monitoring of conflict of interest policy Form 990, Part VI, Section B, Line 12c Officers, trustees and key employees are annually required to complete an acknowledgement and disclosure statement. This statement requires the individual's signature verifying compliance with the procedures contained in the conflicts of interest and disclosure policy. The policy is included in the Manhattanville college board of trustees handbook which is provided to each trustee upon joining the board. The signed statements are reviewed by the board secretary. If any conflicts are noticed, the board chairman has responsibility for rectifying the conflict with the trustee, officer or key employee. Process for Determining compensation Form 990, Part VI, Section B, Line 15 Compensation for the officers and key employees is determined by Manhattanville board of trustees' executive committee which acts as the compensation committee. No individuals with a conflict of interest may be involved in the compensation determination process. comparability data for similarly qualified persons in functionally comparable positions at similarly situated organizations is prepared by the organization and reviewed by the board of trustees' executive committee. documentation of approval is retained in the human resources department. Disclosure Form 990, Part VI, Section C, Line 19 The College retains a copy of its Form 990 at its place of business. The Form 990 is also published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion. Part IX, Line 11(a) The College pays an independent third party organization for the President's salary and benefits. This expenditure is reported in part IX, Line 11(a) rather than on Part IX, Line 5. Part IV, line 4 and Schedule C The College does not undertake any direct lobbying activities; however, the College is a dues-paying member in various college and higher education professional associations.