2014-02-12T17:07:56-07:00 2013-06-30 990 2012-07-01 160743126 ROBERTS WESLEYAN COLLEGE ROBE 5855946000 2300 Westside Drive Rochester NY 14624 Robert Rood 5855946000 2013-12-31 2012 2015-11-30 17:44:51Z John A Martin 2301 Westside Drive Rochester NY 14624 54542820 0 X www.roberts.edu X 1866 NY As a community of learners committed to historic Christianity, Roberts Wesleyan College seeks to prepare thoughtful, spiritually mature, service-oriented people who will help transform society. 21 21 1305 100 7500 7500 8873811 3450489 44319143 43584580 789092 1149466 909067 955505 54891113 49140040 11843338 12856620 0 0 21842842 21363645 0 0 700583 13759285 13659153 47445465 47879418 7445648 1260622 97866206 100314108 13328192 13717994 84538014 86596114 As a community of learners committed to historic Christianity, Roberts Wesleyan College seeks to prepare thoughtful, spiritually mature, service-oriented people who will help transform society. 0 0 41193306 12856620 49094768 Educational institution and related activities: College liberal arts programs in the Christian tradition to prepare students for service to humanity in business, the arts and a variety of human service fields. ( Approx 1700 students) 0 0 0 41193306 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 202 0 1 1305 1 1 1 1 CJ 0 0 1 1 1 1 0 1 1 0 X 21 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X Robert Rood AVP of Finance 5855946000 2301 Westside Drive Rochester NY 14624 John Cooke 2 0 X 0 0 0 David Hughes 2 0 X 0 0 0 George Kimmich 2 0 X 0 0 0 Roy King 2 0 X 0 0 0 David Lascell 2 0 X 0 0 0 Paul Lysander 2 0 X 0 0 0 Duncan O'Dwyer 2 0 X 0 0 0 E John Reinhold 2 0 X 0 0 0 Mary Richards 2 0 X 0 0 0 David Rinker 2 0 X 0 0 0 David Roller 2 0 X 0 0 0 Deborah Schmidt 2 0 X 0 0 0 Robert Smith 2 0 X 0 0 0 Steven von Berg 2 0 X 0 0 0 Caryl Wenzke 2 0 X 0 0 0 Daniel Wolfe 2 0 X 0 0 0 Mary Worboys-Turner 2 0 X 0 0 0 Terry Tabor 2 0 X X 0 0 0 Norman Leenhouts 2 0 X 0 0 0 Dwight Palmer 2 0 X X 0 0 0 Mary Perna 2 0 X X 0 0 0 John Martin 40 4.00 X 213137 0 6088 Robert Zwier 40 0 X 138343 0 7883 James Cuthbert 40 4.00 X 142739 0 1477 Nelson Hill 40 0 X 112200 0 1122 David Basinger 40 0 X 105702 0 12680 712121 0 29250 5 0 1 0 ARAMARK INC 2301 WESTSIDE DRIVE Rochester NY 14624 Food services 1798248 FOLLETT HIGHER EDUCATION GROUP 2301 WESTSIDE DR STORE No 650 Rochester NY 14624 Campus store operator 569665 THOMPSON BUILDS INC 6670 HESSENTHALER RD BYRON NY 14422 Construction services 1238453 Lawman Heating and Cooling 5813 Stone Hill Road Lakeville NY 14480 HVAC Services 1362756 Northeastern Electric 35 Regency Oaks Blvd Ste 3 Rochester NY 14624 Electrical Installation 288010 10 0 0 116775 0 634086 2699628 169011 3450489 Tuition and Fees 611310 37480504 37480504 0 0 Room and Board 611310 5081469 5081469 0 0 Other Student Fees 611310 1022607 1022607 0 0 0 0 0 0 43584580 587214 579714 7500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5965032 0 5402780 0 562252 0 562252 562252 0 0 0 116775 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Reimbursements and other 611310 955505 955505 0 0 0 0 0 0 955505 49140040 45682051 7500 0 0 12856620 12856620 0 0 0 0 783369 286449 390576 106344 0 0 0 0 16184140 13736029 2167616 280495 114956 97567 15397 1992 2773676 1923111 787772 62793 1507504 1248157 224609 34738 0 0 0 0 37098 0 36998 100 59938 0 59938 0 0 0 0 0 0 0 0 0 0 0 1212286 1078046 80132 54108 1174590 237964 902491 34135 895252 649609 199903 45740 671142 120711 550431 0 0 0 0 0 1709732 1579728 117947 12057 987046 826712 137453 22881 0 0 0 0 173456 154819 12195 6442 229545 224219 5326 0 0 0 0 0 3016785 2872719 129206 14860 411418 370626 38533 2259 Academic supplies, books,etc 2507794 2439428 67716 650 Equipment and events 326400 248131 57280 20989 Allowance for bad debt 173219 173219 0 0 Tuition Waivers 67865 67865 0 0 5587 1577 4010 0 47879418 41193306 5985529 700583 0 0 10675198 11907404 4104241 3920061 3714319 3326766 0 0 0 0 3013420 2936064 119270 83027 1066274 769617 90043975 38719061 50417150 51324914 17453388 17307415 5899511 7065453 0 0 0 0 1403435 1673387 97866206 100314108 2501408 1809360 3020199 3042952 857631 1362020 0 0 0 0 0 0 441598 341613 6000 6000 6501356 7156049 13328192 13717994 X 68427260 68347868 5837133 8695421 10273621 9552825 84538014 86596114 97866206 100314108 X 1260622 1022630 0 0 0 -225152 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 19574927 1231476 2034325 739054 1554698 0 20546976 17888306 2546734 -207582 652531 0 0 19574927 13508769 2173748 2915703 709914 0 0 17888306 12442612 323555 1444552 701950 0 0 13508769 16224042 633408 -3686010 728828 0 0 12442612 0.4405 0.4649 0.0946 0 0 0 2094339 2094339 0 63139415 23582959 39556456 0 0 14488 -14488 0 16103825 12652420 3451405 0 8706396 2469194 6237202 51324914 5420607 F 762105 C Cash Surrender Value of Life Insurance 882741 F 7065453 0 Present value of annuities payable 1832162 Interest rate swap liability 911929 Asset retirement obligation 1374394 Investments held for Northeastern Seminary 3037564 7156049 X 37352926 1022630 0 0 46876 1069506 36283420 0 12856620 12856620 49140040 35022798 0 0 0 0 0 35022798 0 12856620 12856620 47879418 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The income generated by the endowment fund is used to provide students scholarships and student academic programming. SchD_P10_S00_L02 Schedule D, Part X, Line 2 Roberts Wesleyan College is a non-for-profit corporation exempt from income taxes as an organization qualified under Section 501(c)(3) of the Internal Revenue Code. Roberts Wesleyan College has also been classified as an organization that is a not a private foundation. CGRI is a for-profit corporation organized under section 402 of the New York State Business Corporation Law. The tax-exempt status of the College is considered an uncertainty, since events could potentially jeopardize their tax-exempt status. As of June 30,2013 and 2012, the College did not have a liability for uncertain tax positions. The College and CGRI file tax returns in the U.S. Federal and New York State jurisdictions. The College and CGRI are no longer subject to U.S. Federal income tax examinations by tax authorities for years before fiscal 2009. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d 46,876 = Investment income transferred to affiliate -$286,172. unrealized loss on interest rate swap 333,048 SchD_P11_S00_L04b Schedule D, Part XI, Line 4b Institutional grant-based aid included under revenue for audit presentation. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Institutional grant-based aid included under revenue for audit presentation. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 Roberts Wesleyan College complies with all applicable non-discrimination laws and is committed to the enhancement of human dignity and workplace diversity. This is advertised in employment related ads and on our website at www.roberts.edu SchE_P01_S00_L06 Schedule E, Part I, Line 6 Roberts Wesleyan receives grants from both Federal and New York State governments. This includes aid administered through the Perkins Loan and Pell Grant programs, SEOG, and College Works-Study (Federal) and Bundy Aid, TAP, and Nursing Grants received through New York State. These amounts are used in direct or indirect support of students, to help offset, in part, the costs of tuition, books, and other costs of attendance. Additionally, the college may receive capital grants from both Federal and State agencies which are used to help upgrade facilities. Golf Tournament 116775 114694 2081 0 0 19051 0 0 0 0 0 116775 114694 2081 0 0 19051 0 0 0 19051 -16970 1 Scholarship assistance to students which reduces net amount payable to the College. 1700 12856620 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Our financial aid office awards scholarships to students based on submitted FAFSA data and academic performance. The financial aid office is responsible for ensuring compliance with all relevant state and federal requirements relative to grant-based aid. X X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 John Martin 213137 0 0 0 0 0 25000 0 75163 0 313300 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The College President's spouse is considered a key representative of the College and therefore travel costs related to certain official college meetings are covered for her. The College President resides in college provided housing which also serves as a place for meeting with college guests, students, donors, and alumni at various times throughout the year. Also, the college pays dues for the President for one major club in the Rochester, New York area to provide quality, off-campus meeting venues. Only individuals, not organizations, are allowed to join this club. The President uses this membership entirely for college related business. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The Board of Trustees reviews and analyzes the President's compensation package. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 John A Martin participated in a non-qualified retirement plan, which was funded at $25K for 2012. No amounts were paid out, however, under this plan. X 3 169011 Market price 0 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b Stocks are sold through third party security brokers. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Mary Perna works as an independent contractor for another Trustee. David Lascell is an attorney with a regional law firm and may, from time to time, have transactions which may involve other board members or their companies. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The form 990 is reviewed in detail with the members of the Board's Business Affairs Committee. The full board also has access to the draft form 990 on a corporate intranet site. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Policies are reviewed annually with the full Board, with all members signing off on having received and reviewed them via electronic response to the SVP and Treasurer of Roberts Wesleyan College. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board's compensation committee reviews the president's and all key employee salary in conjunction with the VP of Administration and using bench-marking data from both local and national pay databases. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Such documents are currently available upon request. Financial Statements are also available via College website and NACUBO's website. F990_P11_S00_L09 Form 990, Part XI, Line 9 (225,152) = Investment income allocated to 501(c)(3) affiliate ($286,172), Non-operating support of affiliate ($242,500), Change in value of split interest agreements ($29,528), Gain on interest rate swap agreement +333,048 Northeastern Seminary 2265 Westside Drive Rochester NY 14624 161554414 Seminary-graduate course programs in Divinity NY 501(c)(3) 2 N/A 0 Housing Development Foundation Inc 2301 Westside Drive Rochester NY 14624 161583317 Housing for college students NY 501(c)(3) 9 N/A 0 College Greene Residences Inc 2301 Westside Drive Rochester NY 14624 161360689 Retirement community NY Roberts Wesleyan College C 1 1 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 College Greene Residences Inc a-i 7500 6% of loan balance outstanding during the year.