2014-04-14T13:37:05-05:00 2013-05-31 KPMG LLP One Financial Plaza Hartford CT 061032608 990 2012-06-01 150545841 LE MOYNE COLLEGE % ROGER W STACKPOOLE LEMO 3154454100 1419 SALT SPRINGS ROAD Suite SYRACUSE NY 13214 Roger Stackpoole 3154454174 2014-04-07 true koenraad vredeveld 8605223200 2012 2015-11-30 17:44:51Z Fred PPestelloPhDPresident 1419 Salt Springs Road Syracuse NY 13214 112351449 false X www.lemoyne.edu X 1946 NY THE COLLEGE IS A DIVERSE LEARNING COMMUNITY THAT STRIVES FOR ACADEMIC EXCELLENCE IN THE CATHOLIC AND JESUIT TRADITION THROUGH ITS COMPREHENSIVE PROGRAMS ROOTED IN THE LIBERAL ARTS AND SCIENCES. 35 33 1736 4613 110 -45682 10842239 10153699 93460888 93946924 3522258 3353304 726877 853187 108552262 108307114 30195776 30997599 0 0 43135573 42826767 33750 22500 2412661 25583091 27719557 98948190 101566423 9604072 6740691 237575755 275966065 73310370 85001379 164265385 190964686 X THE COLLEGE IS A DIVERSE LEARNING COMMUNITY THAT STRIVES FOR ACADEMIC EXCELLENCE IN THE CATHOLIC AND JESUIT TRADITION THROUGH ITS COMPREHENSIVE PROGRAMS ROOTED IN THE LIBERAL ARTS AND SCIENCES. false false 59309729 30997599 78292016 SEE SCHEDULE O 6953872 0 0 SEE SCHEDULE O 19372234 0 16537030 SEE SCHEDULE O 85635835 true true false true false false false true false true true true false false true true true false true false true false true true true false false false true true true false false false false false false false false true true true true false false false true true false false false true 4797 0 true 1736 true true true false false false false true true false false false false X 35 33 false false false false false false false true true false false true true true true true true true true false NY X ROGER W STACKPOOLE 3154454100 1419 SALT SPRINGS ROAD Syracuse NY 132141301 FRED P PESTELLO PHD 35.0 0.0 X X 456877 0 57395 REV CHIFFORD H AUTH JR 1.0 0.0 X 0 0 0 NOREEN R FALCONE 1.0 0.0 X 0 0 0 WALTER F BENSON JR 1.0 0.0 X 0 0 0 DENA C FEENEY 1.0 0.0 X 0 0 0 WILLIAM J BARRETT 1.0 0.0 X 0 0 0 WILLIAM M FLYNN 1.0 0.0 X 0 0 0 THOMAS G BERKERY 1.0 0.0 X 0 0 0 HENRY W FUST 1.0 0.0 X 0 0 0 JAMES R CARRICK 1.0 0.0 X 0 0 0 STEPHEN T HELMER 1.0 0.0 X 0 0 0 BRIAN W COLEMAN 1.0 0.0 X 0 0 0 REV FRANCIS G HILTON SJ 1.0 0.0 X 0 0 0 MICHAEL J HOLLAND 1.0 0.0 X 0 0 0 SHARON A KINSMAN SALMON 1.0 0.0 X 0 0 0 ABRAHAM M LACKMAN 1.0 0.0 X 0 0 0 PAUL A DRESCHER 1.0 0.0 X 0 0 0 WILLIAM F EDWARDS 1.0 0.0 X 0 0 0 JAMES J MALVASO 1.0 0.0 X 0 0 0 JOSEPH G MARINA SJ PH D 1.0 0.0 X 0 0 0 JOHN M MORPHY 1.0 0.0 X 0 0 0 ANGELA BERNAT 1.0 0.0 X 0 0 0 DR JOHN T BOORMAN 1.0 0.0 X 0 0 0 REV JOHN P BUCKI SJ 1.0 0.0 X 0 0 0 WRIGHT LASSITER III 1.0 0.0 X 0 0 0 JOHN T LILLIS 1.0 0.0 X 0 0 0 REV JEFFREY VON ARX SJ 1.0 0.0 X 0 0 0 VINCENT F SPINA 1.0 0.0 X 0 0 0 ROBERT M TURNER 1.0 0.0 X 0 0 0 MARY ANN TYSZKO 1.0 0.0 X 0 0 0 STEPHEN D SCROBE 1.0 0.0 X 0 0 0 REV RICHARD SALMI SJ 1.0 0.0 X 0 0 0 FREDERICK M VALERION SR 1.0 0.0 X 0 0 0 BARBARA SCANLON JESSUP 1.0 0.0 X 0 0 0 THOMAS M WYNNE 1.0 0.0 X 0 0 0 ROGER W STACKPOOLE 35.0 0.0 X 207496 0 52724 LINDA LEMURA PHD 35.0 0.0 X 186368 0 30469 DENNIS R DEPERRO 35.0 0.0 X 159320 0 34625 MARTHA GRABOWSKI PHD 35.0 0.0 X 171860 0 34509 WALLY J ELMER PHD 35.0 0.0 X 160311 0 27189 JOHN FREIE 35.0 0.0 X 171250 0 8937 SUSAN BEHUNIAK 35.0 0.0 X 177487 0 8965 MARK KARPER 35.0 0.0 X 185054 0 13071 GREGORY J STAHL 35.0 0.0 X 179400 0 0 2055423 0 267884 39 true true false WOODCOOK ASSOCIATES INC 6500 NEW VENTURE GEAR DRIVE EAST SYRACUSE NY 13057 CONSTRUCTION CNTRCT 2614330 ROBERT H LAW INC 6883 SCHYLER ROA EAST SYRACUSE NY 13057 CONSTRUCTION CNTRCT 1171993 SODEXHO INC AFFILIATES LE MOYNE COLLEGE SYRACUSE NY 13214 CAMPUS DINING SERV 1675243 EAGLE JANITORIAL PO BOX SYRACUSE NY 13206 JANITORIAL 1214069 Ashley McGraw Architects 500 South Salina Street SYRACUSE NY 132023302 Architect Services 945582 61 0 0 205470 0 2945298 7002931 252659 10153699 TUITION & FEES 77437322 77437322 INTERCOLL. ATHLETICS 241977 241977 ROOM & BOARD 16060520 16060520 CATERING SERVICE 46216 46216 BOOKSTORE 160889 160889 93946924 1579940 110 1579830 0 0 0 0 0 5604254 9722 3840612 0 1763642 9722 1773364 1773364 174788 205470 203723 -28935 -28935 0 0 FEES AND ADMISSIONS 492952 492952 CONFERENCES 153834 153834 INDIRECT COST RECOVERY 81730 81730 153606 153606 882122 108307114 94829046 110 3324259 0 0 30810471 30810471 187128 187128 0 846827 189556 657271 132298 132298 31717106 25598798 4841830 1276478 2340231 1790632 443369 106230 5595124 4266685 1104031 224408 2195181 1679647 415888 99646 0 159410 159410 221881 221881 100007 100007 22500 22500 139353 139353 0 656408 656408 1278788 987063 224337 67388 943300 943300 0 0 2551250 1872141 401718 277391 0 0 2273515 2135531 125216 12768 0 6284928 6029119 228453 27356 484736 184222 268216 32298 ROOM & BOARD 3575797 3575797 0 0 UTILITIES 1961636 972375 989261 0 FACILITIES MAINTENANCE 1873850 1206645 667205 0 CUSTODIAL SERVICES 1198935 672709 526226 0 4015763 2688610 1160962 166191 101566423 85635835 13517927 2412661 15657520 25325233 0 0 1847374 1847374 4893339 4722317 0 0 0 0 3158628 3188940 0 0 0 0 158162383 62953752 87765457 95208631 95015224 108648301 21240402 23986465 0 0 0 0 7997811 13038804 237575755 275966065 2335532 2157289 0 0 0 0 47508118 61893661 0 0 0 0 0 0 0 0 23466720 20950429 73310370 85001379 X 53393264 62734456 34506912 50512057 76365209 77718173 164265385 190964686 237575755 275966065 X 6740691 17719091 2239519 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 100007 false false 100007 false Schedule C, Part II-B, question 1g THE COLLEGE HIRES A LOBBYING FIRM TO OBTAIN FUNDING FOR THE COLLEGE THROUGH THE FEDERAL APPROPRIATIONS PROCESS. 60000 X X false 114717089 1351936 21571554 5367648 0 964799 131308132 124165050 1556749 -5137587 2895640 2000000 971483 114717089 101746493 2904532 22602292 2164546 923721 124165050 83613889 7822895 12322161 1346957 665495 101746493 46741863 42263106 -3117760 1894032 379288 83613889 0.08090 0.32720 0.59190 false false 1436981 1436981 118273722 42388830 75884892 26616956 18341148 8275808 11834724 2223774 9610950 95208631 PARTNERSHIP INVESTMENTS 23986465 F 23986465 0 ACCRUED LIABILITIES 5423831 DEPOSITS & ADVANCES RECEIVED 3741331 RESERVE FOR SELF INSURANCE 6400 DEPOSITS HELD IN CUSTODY OF OTHERS 887406 REFUNDABLE GOVERNMENT LOANS 2491664 POST RETIREMENT CARE 6502198 ASSET RETIREMENT OBLIGATIONS 1897599 20950429 X 126130726 17719091 40151 17759242 108371484 139353 -203723 -64370 108307114 99227024 40151 -2240197 -2200046 101427070 139353 139353 101566423 Schedule D, Part III, Line 4 The College owns a collection of rare historical books dating back to the Civil War period and a set of doors of African origin. As part of the College's Exempt purpose, these items are made accessible for study by the students, faculty and staff. SCHEDULE D, PART V, LINE 4 THE INTENDED USES OF THE COLLEGE'S ENDOWMENT FUNDS ARE TO PROVIDE MERIT AND NEED-BASED INSTITUTIONAL FINANCIAL AID TO STUDENTS, SUPPORT ACADEMIC PROGRAMS, USED TO SUPPORT PLANT AND OTHER EDUCATIONAL PURPOSES IN ACCORDANCE WITH THE DONOR'S INTENTIONS FOR THE USE OF THE FUNDS. SCHEDULE D, PART X, LINE 2 The College generally does not provide for income taxes since it is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. ASC 740, Income Taxes, permits an entity to recognize the benefits of an uncertain tax position only when the position is "more likely than not" to be sustained in the event of an examination by tax authorities. In evaluating whether a tax position has met the recognition threshold, the College must presume that the position will be examined by the appropriate taxing authority that has full knowledge of all relevant information. ASC 740 also provides guidance on the recognition, measurement, and classification of tax uncertainties, along with any related interest or penalties. Tax positions deemed to meet the "more-likely-than-not" threshold are recorded as a tax expense in the current year. The College has analyzed all open tax years, as defined by the statues of limitations, for all major jurisdictions. Open tax years are those that are open for exam by taxing authorities. Major jurisdictions for the College include Federal and the State of New York. As of May 31, 2013, open Federal and New York tax years for the College include the tax years ended May 31, 2010 through May 31, 2012. The College has no examination in progress. The College believes it has no significant uncertain tax positions. SCHEDULE D, PART XI, LINE 4B DIRECT EXPENSES RELATED TO FUNDRAISING ACTIVITIES -$203,723 SCHEDULE D, PART XIII, LINE 2D Direct expenses related to fundraising activities $203,723 Change in value of FIN 47 liability $72,249 Change in fair value of interest rate swap -$132,148 Change in value of SFAS 158 postretirement care liability -$2,384,018 Rounding -$3 TOTAL -$2,240,197 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 SUCH POLICY IS CONTAINED IN THE COLLEGE CATALOG AND IS MADE AVAILABLE TO THE STUDENTS AND GENERAL PUBLIC. SCHEDULE E, LINE 6A LE MOYNE COLLEGE RECEIVES FEDERAL FINANCIAL AID UNDER THE PELL GRANT, SEOG AND COLLEGE WORK STUDY PROGRAMS, AS WELL AS THE ACADEMIC COMPETITIVENESS GRANT. PELL GRANTS ARE AWARDED BY THE FEDERAL AGENCY DIRECT TO EACH STUDENT. SEOG, COLLEGE WORK STUDY AND ACADEMIC COMPETITIVENESS GRANTS ARE AWARDED BY THE INSTITUTION BASED ON NEED AS DEFINED BY THE APPROPRIATE AGENCY. true East Asia and the Pacific Program Services STUDY ABROAD 19500 Europe (Including Iceland and Greenland) Program Services STUDY ABROAD 155628 Sub-Saharan Africa Program Services STUDY ABROAD 12000 187128 187128 ST FIN AID STUDY ABROAD East Asia and the Pacific 2 19500 tuit offset ST FIN AID STUDY ABROAD Europe (Including Iceland and Greenland) 21 155628 tuit offset ST FIN AID STUDY ABROAD Sub-Saharan Africa 2 12000 tuit offset therevi true false true true true false SCHEDULE F, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE UNITED STATES GRANTS AND ASSISTANCE IN FURTHERANCE OF THE INSTITUTION'S EXEMPT PROGRAMS ARE MADE TO STUDENTS IN STUDY ABROAD PROGRAMS IN ACCORDANCE WITH ESTABLISHED COLLEGE PROCEDURES OR ARE SUBJECT TO CONDITIONS ESTABLISHED BY THE INSTITUTION'S GOVERNING BOARD DESIGNED TO ENSURE THAT INDIVIDUALS RECEIVENG GRANTS ARE ADEQATELY INVESTIGATED TO ENSURE THAT THEY ARE QUALIFING RECIPENTS. SUCH AWARDS ARE MADE ONLY TO THE EXTENT OF THE COST OF TUTUION. FURTHER, ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. X X X X X X X true HARVEST FRC INC CONSULTANT false 0 22500 0 0 22500 0 NY FOUNDER'S DAY 277476 189551 87925 129774 15130 RUSSO GOLF TOUR 57896 15218 42678 33269 1 44885 700 44185 25550 380257 205469 174788 155324 48399 203723 -28935 true SCHOLARSHIPS/GRANTS APPLIED TO TUITION 2577 30810471 SCHEDULE I, PART 1, LINE 2 GRANTS AND ASSISTANCE IN FURTHERANCE OF THE INSTITUTION'S EXEMPT PROGRAMS ARE MADE IN ACCORDANCE WITH PROCEDURES OR ARE SUBJECT TO CONDITIONS ESTABLISHED BY THE INSTITUTION'S GOVERNING BOARD DESIGNED TO ENSURE THAT INDIVIDUALS RECEIVING GRANTS ARE ADEQUATELY INVESTIGATED TO ENSURE THAT THEY ARE QUALIFYING RECIPIENTS. STUDENTS RECEIVING SCHOLARSHIP GRANTS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. X X true true X X X X X true true false false false false false false false FRED P PESTELLO PHD 395000 0 0 0 61877 0 23750 0 33645 0 514272 0 0 0 ROGER W STACKPOOLE 202696 0 0 0 4800 0 19950 0 32774 0 260220 0 0 0 LINDA LEMURA PHD 181568 0 0 0 4800 0 17552 0 12917 0 216837 0 0 0 DENNIS R DEPERRO 156068 0 0 0 3252 0 14250 0 20375 0 193945 0 0 0 GREGORY J STAHL 0 0 0 0 179400 0 0 0 0 0 179400 0 0 0 MARTHA GRABOWSKI PHD 171810 0 0 0 50 0 16740 0 17769 0 206369 0 0 0 WALLY J ELMER PHD 152061 0 0 0 8250 0 13663 0 13526 0 187500 0 0 0 JOHN FREIE 63465 0 0 0 107785 0 6048 0 2889 0 180187 0 0 0 SUSAN BEHUNIAK 69291 0 0 0 108196 0 6228 0 2737 0 186452 0 0 0 MARK KARPER 65168 0 0 0 119886 0 6349 0 6722 0 198125 0 0 0 SCHEDULE J, LINE 1B THE PRESIDENT OF THE COLLEGE WAS PROVIDED A HOUSING ALLOWANCE FOR THE FIRST FIVE MONTHS AND A RESIDENCE FOR HIS PERSONAL USE IN THE SUBSEQUENT MONTHS THROUGH HIS EMPLOYMENT CONTRACT. THIS BENEFIT IS ADMINISTERED THROUGH PAYROLL AS A CASH PAYMENT AND TAXABLE FRINGE, RESPECTIVELY, WHICH IS INCLUDED IN HIS FORM W-2. THE BOARD OF TRUSTEES OF THE COLLEGE APPROVED THE NATURE AND AMOUNT OF HIS HOUSING ALLOWANCE AND THE PERSONAL USE OF THE COLLEGE OWNED RESIDENCE. SCHEDULE J, Line 4a SEVERENCE PAYMENTS- GREGORY STAHL: $179,400 MARK KARPER: $119,886 JOHN FREIE: $107,785 SUSAN BEHUNIAK: $108,046 SCHEDULE J, LINE 4B 457 DEFERRED COMPENSATION PLAN EMPLOYEE CONTRIBUTION LINDA LEMURA OF $17,000. 457 DEFERRED COMPENSATION PLAN EMPLOYEE CONTRIBUTION FRED PESTELLO OF $17,000. A DORMITORY AUTHORITY OF NY STATE 146000293 6499037P0 2009-01-22 19470000 CAMPUS-WIDE RENOVATION/REFUNDING false false false B ONONDAGA COVIC DEVELOPMENT CORP 800458240 682832AJ9 2010-07-15 25069329 CAMPUS-WIDE RENOVATION false false false C ONONDAGA CIVIC DEVELOPMENT CORP 800458240 682832BN9 2012-10-30 18765856 CAMPUS-WIDE RENOVATION/REFUNDING false false false A 0 0 19470000 0 0 6683082 566040 0 0 12220878 0 0 2008 true false false true B 0 0 25069329 2335360 0 0 418344 0 0 22315625 0 0 2011 false false false true C 0 0 18765856 0 0 2339617 305059 0 0 8653900 0 7467279 2013 true false false true A false false true false false 0.00374 0.00000 0.00374 false false false true B false false false false 0.00000 0.00000 0.00000 false false false true C false false true false false 0.00000 0.00000 0.00000 false false false true A false false false true true true TD BANK 10. false false false 0 false true B false false false true false false 0 false 0 false true C false false false true false false 0 false 0 false true A true B true C true Schedule K, Part I, Column (f) 0 The Series 2009 Bonds were used for the purpose of providing funds which, together with other available funds, will be used to (i) finance campus-wide renovations to various buildings and other related capital improvements, (ii) refund in full the outstanding principal amount of the Onondaga County Industrial Development Agency Civic Facility Revenue Bonds (LeMoyne College Project), Series 2001A issued on December 18, 2001 (the "2001" Bonds) and (iii) pay the Costs of Issuance of the Series 2009 Bonds. The Series 2010 Bonds were primarily used to fund the expansion and renovation of the existing science facility. The Series 2012 Bonds will be primarily used to the renovation of the existing science center and school of business facilities. A portion of the proceeds were used to refund the full outstanding principal of the Series 1994. SCHEDULE K, PART IV, 2C 0 THE DATE THE REBATE COMPUTATION FOR ALL BONDS WAS PERFORMED ON MAY 31, 2013. HARRIS BEACH PLLC TRUSTEE IS A PARTNER 265435 LEGAL SERVICES false HARRIET f PESTELLO FAMILY MEMBER OFFICER 132298 COMPENSATION false HARRIS BEACH PLLC LE MOYNE COLLEGE PAID HARRIS BEACH PLLC $265,435 DURING THE YEAR FOR LEGAL SERVICES. WILLIAM FLYNN IS A TRUSTEE OF LE MOYNE COLLEGE AND A MEMBER/PARTNER OF HARRIS BEACH PLLC. HARRIS BEACH PLLC DOES NOT SHARE IN THE REVENUES OF LE MOYNE COLLEGE. X 2 36750 FMV AT CONTRIBUTION X 1192 FMV AT CONTRIBUTION X 43 177278 FMV AT CONTRIBUTION X 2 689 FMV AT CONTRIBUTION false true false SCHEDULE M, PART I THE COLLEGE IS REPORTING IN PART I, COLUMN B THE NUMBER OF CONTRIBUTIONS MADE. FORM 990 PART III, LINE 4A Program Service Accomplishment #1 Le Moyne College offers undergraduate and graduate, programs to approximately 2,922 full-time equivalents in nearly 47 areas of study. In addition to instruction offered in individual academic disciplines, all undergraduate students engage in a core curriculum which seeks to provide a foundation in the liberal arts and sciences and refine students' critical thinking and communication skills. Within the core curriculum students deepen their understanding of the diverse ways in which women and men throughout history have responded to enduring questions about meaning and order in the physical universe, in social and political processes, and in human experience. Each year, upwards of 1% of Le Moyne students also take part in the College's study abroad program to enhance their educational experience, immerse themselves in a new way of life and develop new perspectives on the people and cultures of other lands. FORM 990 PART III, LINE 4B Program Service Accomplishment #2 The College offers several programs through its public service function to assist socially- and economically-disadvantaged high school students in successfully completing their secondary education and providing an opportunity to enter some form of post-secondary education. These programs provide advisement and tutoring experiences, as well as outside enrichment activities. The College also operates an academic support center offering tutoring and study groups to assist students in their coursework, to provide individual consultations to improve students' learning strategies and study skills, to provide support and counseling for students on academic probation, and to administer accommodations for students with learning and other disabilities. In addition to the Academic Support Center, the Noreen Reale Falcone Library supports the educational goals of Le Moyne College through a process of continuous review and improvement of collections, instructional programs, technology, and information services. The Library houses over 220,000 books, 25,000 e-books, and 50,000 print and electronic periodical subscriptions among its vast collections. In addition to in-house collections, access is provided to over 125 databases offering a variety of research materials. FORM 990 PART III, LINE 4C Program Service Accomplishment #3 In keeping with the College's mission and Jesuit tradition of educating the whole person, Le Moyne offers a variety of student services to meet student needs outside the classroom. These services enhance the quality of student life and foster student social development. Activities and services revolve around key areas including housing and food service, personal counseling, health services, service learning, career planning and placement, and intercollegiate athletics. In particular, Campus Ministry offers a variety of retreat and alternative break programs to students looking to engage in spiritual growth and answer the call to be leaders in serving the needs of others, as well as opportunities to take part in liturgical ministries. The Office of Service Learning integrates community service opportunities with academic coursework in recognition of the social justice component of a Jesuit education. Finally, the Office of Career Services offers seminars and workshops on a variety of topics including resume writing, interviewing, and graduate-school planning, along with recruiting programs featuring employers from a variety of industries. FORM 990, PART VI, SECTION A, LINE 1A The Board of Trustees has delegated broad authority to the Executive Committee. The Executive Committee has at least 10 members, consisting of the Board Officers, President, the chairs of the standing committees and at-large members, nominated by the Committee on Board Development and elected by the Board of Trustees. Members of the Executive Committee serve a one-year term and may be re-elected for an unlimited number of additional terms. The Executive Committee has the authority to act for the Board of Trustees on matters which cannot or should not be deferred to the Board's next scheduled meeting, except for the following which shall be reserved for the Board: presidential selection and termination; trustee and board officer election; standing committee membership and chair selection; changes in institutional mission and purposes; changes to the Charter or bylaws; incurring of corporate indebtedness; sale of College assets or tangible property; adoption of the annual budget and conferral of degrees. The Executive Committee reports to the full board at each meeting on all actions taken by it since the last Board meeting. In addition to its authority to take action on matters which cannot or should not be deferred to the Board's next scheduled meeting, the Executive Committee oversees the College's planning process and progress on planning goals, the Board's responsibility to support the president and assess his or her performance, annually review the President's compensation and conditions of employment, and when requested by the Board, oversee the work of Board Committees. FORM 990 PART VI, SECTION B, LINE 11B The Form 990 is prepared internally under the review of the Vice President of Finance, Administration and Treasurer. The completed Form is distributed to the Finance Committee to review with management. The officer/employee compensation disclosures are reviewed by the Executive Committee of the Board of Trustees. After the Finance Committee reviews the Form 990, the completed Form is distributed to the Board of Trustees prior to filing the Form with the IRS. FORM 990 PART VI, SECTION B, LINE 12C Prior to the beginning of each academic year each vice president receives a list of administrative-level and executive employees in his or her division who received a conflict of interest form in the prior year. The vice presidents review the lists for their respective division for completeness and accuracy, making any adjustments necessary. Each identified employee receives a conflict of interest form to complete, as well as a copy of the conflict of interest policy. The employee listings and completed forms are kept in a confidential file in the President's Office. Regular follow-up with employees occurs during the year to ensure all conflict of interest forms are received. In addition to administrative-level and executive employees, all Board of Trustees members receive a conflict of interest form to complete and a copy of the policy. Regular follow up occurs during the year to ensure all conflict of interest forms are received. FORM 990 PART VI, SECTION B, LINE 15A The process for determining the compensation plan of the President meets the three requirements of the rebuttable presumption provisions under treasury regulation 53.4958-6. The compensation plan of the President is approved in advance by the Executive Committee. Prior to making a compensation decision, the Executive Committee obtained and relied upon appropriate data as to comparability. The comparability data is used to obtain an objective third party assessment of the total compensation plan to ensure the components and total plan is reasonable, customary and within market. This assessment is prepared annually on a rotating basis, internally and by an independent consultant; using comparative compensation data, including overall market factors determined to impact compensation. The Executive Committee of the College's Board of Trustees adequately and timely documents the basis for setting the President's compensation plan concurrently with the making of the determination. The President's compensation is formally incorporated into his employment contract. FORM 990 PART VI, SECTION B, LINE 15B The process for determining the compensation plans of the Officers and Key Employees, meet the three requirements of the rebuttable presumption provisions under treasury regulation 53.4958-6. The compensation plan of the Officers and Key Employees are approved in advance by the President. Prior to making compensation decisions, the President obtained and relied upon appropriate data as to comparability. The comparability data is used to obtain an objective third party assessment of the total compensation plans to ensure the components and total plans are reasonable, customary and within market. These assessments are prepared annually on a rotating basis, internally and by an independent consultant; using comparative compensation data, including overall market factors determined to impact compensation. The President presents his decision to the Executive Committee of the College's Board of Trustees for review and the determination and decision is documented in the minutes of the Executive Committee. The compensation is formally incorporated into each individual's salary letter. FORM 990 PART VI, SECTION C, LINE 19 HARD COPIES OF THE COLLEGE'S FINANCIAL STATEMENTS AND FORM 990 ARE KEPT ON FILE FOR PUBLIC REVIEW. IN ADDITION, THE COLLEGE'S FORM 990 IS AVAILABLE ON THE WEBSITE OF GUIDESTAR USA, INC. AT WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF FIN 47 LIABILITY -$72,249 CHANGE IN FAIR VALUE OF INTEREST RATE SWAP $132,148 CHANGE IN VALUE OF SFAS 158 POSTRETIREMENT CARE LIABILITY $2,384,018 BOND REFINANCING -$204,404 ROUNDING $6 TOTAL $2,239,519 CHARITABLE REMAINDER UNITRUST 1419 salt springs road syracuse NY 13214 136948882 investments NY NA TRUST CHARITABLE REMAINDER UNITRUST 1419 salt springs road syracuse NY 13214 166449760 investments NY NA TRUST false false false false false false false false false false false false false false false false false false false