MOUNT SAINT MARY COLLEGE: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: MOUNT SAINT MARY COLLEGE (EIN 14-1468399)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-02-14
IRS object ID: 201440459349301724
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 C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-02-14T13:05:51-06:00	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	9600 Brownsboro Road	AddressLine1
Address Line2	Suite 400	AddressLine2
City	Louisville	City
State	KY	State
ZIP Code	402411122	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	141468399	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MOUNT SAINT MARY COLLEGE	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MOUN	NameControl
Phone	8455613209	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	330 Powell Avenue	AddressLine1
City	Newburgh	City
State	NY	State
ZIP Code	125503412	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	CATHLEEN KENNY	Name
Title	VICE PRESIDENT FOR FINANCE	Title
Date Signed	2014-02-14	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Rachel Spurlock	Name
PTIN	P00520729	PTIN
Phone	5023263996	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	CATHLEEN KENNY	BusinessNameLine1

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	330 Powell Avenue	AddressLine1
City	Newburgh	City
State	NY	State
ZIP Code	125503412	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	91670199	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.MSMC.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1960	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	THE COLLEGE IS AN INDEPENDENT, COEDUCATIONAL INSTITUTION COMMITTED TO PROVIDING STUDENTS WITH A LIBERAL ARTS EDUCATION TO PREPARE THEM FOR LIVES OF LEADERSHIP AND SERVICE. THROUGH A VARIETY OF MAJORS AND PROFESSIONAL PROGRAMS, STUDENTS ARE ALSO PREPARED FOR CAREER ENTRY OR GRADUATE AND PROFESSIONAL STUDIES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	24	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	24	NbrIndependentVotingMembers
Total Nbr Employees	1192	TotalNbrEmployees
Total Nbr Volunteers	28	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	2929366	ContributionsGrantsPriorYear
Contributions Grants Current Year	6857082	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	68571953	ProgramServiceRevenuePriorYear
Program Service Revenue CY	67761415	ProgramServiceRevenueCY
Investment Income Prior Year	1311799	InvestmentIncomePriorYear
Investment Income Current Year	727189	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-37085	OtherRevenuePriorYear
Other Revenue Current Year	-46661	OtherRevenueCurrentYear
Total Revenue Prior Year	72776033	TotalRevenuePriorYear
Total Revenue Current Year	75299025	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	14081332	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	14480906	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	27863954	SalariesEtcPriorYear
Salaries Etc Current Year	29076149	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	24518	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	23372	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	713713	TotalFundrsngExpCurrentYear
Other Expense Prior Year	26215393	OtherExpensePriorYear
Other Expenses Current Year	26390005	OtherExpensesCurrentYear
Total Expenses Prior Year	68185197	TotalExpensesPriorYear
Total Expenses Current Year	69970432	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	4590836	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	5328593	RevenuesLessExpensesCY
Total Assets BOY	182959159	TotalAssetsBOY
Total Assets EOY	210988539	TotalAssetsEOY
Total Liabilities BOY	58886714	TotalLiabilitiesBOY
Total Liabilities EOY	77268882	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	124072445	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	133719657	NetAssetsOrFundBalancesEOY
Mission Description	AS REFLECTED IN ITS MOTTO "DOCE ME VERITATEM" (TEACH ME THE TRUTH), MOUNT SAINT MARY COLLEGE IS AN INDEPENDENT, COEDUCATIONAL INSTITUTION COMMITTED TO PROVIDING STUDENTS WITH A LIBERAL ARTS EDUCATION TO PREPARE THEM FOR LIVES OF LEADERSHIP AND SERVICE. THROUGH A VARIETY OF MAJORS AND PROFESSIONAL PROGRAMS, STUDENTS ARE ALSO PREPARED FOR CAREER ENTRY OR GRADUATE AND PROFESSIONAL STUDIES. CONSISTENT WITH JUDEO-CHRISTIAN VALUES AND THE DOMINICAN TRADITION OF EDUCATION THAT VALUES THE INHERENT WORTH OF THE INDIVIDUAL, THE MISSION OF MOUNT SAINT MARY COLLEGE IS TO CREATE AN ENVIRONMENT WHICH FOSTERS CLOSE STUDENT-FACULTY INTERACTION THAT ENABLES STUDENTS TO REACH THEIR FULL POTENTIAL AS LIFELONG LEARNERS. MOUNT SAINT MARY COLLEGE STRIVES TO PROVIDE A STIMULATING ENVIRONMENT THAT PROMOTES THE INTELLECTUAL AND PERSONAL GROWTH OF UNDERGRADUATE, GRADUATE AND CONTINUING EDUCATION STUDENTS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	43748281	Expense
Grants	14480906	Grants
Revenue	51250391	Revenue
Description	MOUNT SAINT MARY COLLEGE, A HIGHER EDUCATION INSTITUTION, PROVIDES UNDERGRADUATE AND GRADUATE EDUCATION FOR APPROXIMATELY 2580 FULL AND PART TIME STUDENTS.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	12939097	Expense
Revenue	13662370	Revenue
Description	ROOM AND BOARD AND BOOKSTORE OPERATIONS	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	2499412	Expense
Revenue	1983586	Revenue
Description	BISHOP DUNN MEMORIAL SCHOOL - ELEMENTARY SCHOOL OPERATIONS	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	478956	Expense
Revenue	865068	Revenue
Description	OTHER SOURCES OF INCOME SUCH AS COMMUNITY EDUCATION, SUMMER CAMPS, AND INDIRECT COST RECOVERY.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	478956	TotalOfOtherProgramServiceExp
Total Of Other Program Service Rev	865068	TotalOfOtherProgramServiceRev
Total Program Service Expense	59665746	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	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	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	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	true	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	false	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	true	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	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	3561	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	1192	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
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	24	NbrVotingGoverningBodyMembers
Number Independent Voting Members	24	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	N Mazza	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	8455693209	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	330 Powell Avenue	AddressLine1
City	Newburgh	City
State	NY	State
ZIP Code	125503412	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (39 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
ALBERT J GRUNER DMD
CHAIRMAN	7.50	X	X	0	0	0
ITA M RAHILLY CPA
VICE CHAIR	5.00	X	X	0	0	0
ANNA HALPINE
BOARD MEMBER	2.00	X		0	0	0
CHARLES FRANK
BOARD MEMBER	5.00	X		0	0	0
CHRIS J GAWLEY ESQ
BOARD MEMBER	5.00	X		0	0	0
DAVID MELBY
BOARD MEMBER	1.00	X		0	0	0
DUNCAN MAXWELL ANDERSON
BOARD MEMBER	3.00	X		0	0	0
ELIZABETH AILES
BOARD MEMBER	1.50	X		0	0	0
FATHER JOHN A LANGLOIS OP
BOARD MEMBER	0.50	X		0	0	0
FRANK A MARCHETTI
BOARD MEMBER	1.50	X		0	0	0
GREG M COOPER CPA CSEP
BOARD MEMBER	2.50	X		0	0	0
HARRISON H BUXTON III
BOARD MEMBER	3.00	X		0	0	0
JONATHAN GATSIK
BOARD MEMBER	3.00	X		0	0	0
JOSEPH A O'LOUGHLIN
BOARD MEMBER	1.00	X		0	0	0
LUDWIG H BACH
BOARD MEMBER (PARTIAL YEAR)	3.00	X		0	0	0
MARIANNA R KENNEDY ESQ
BOARD MEMBER	2.00	X		0	0	0
R ABEL GARRAGHAN
BOARD MEMBER (PARTIAL YEAR)	3.00	X		0	0	0
ROBERT MURPHY
BOARD MEMBER	5.00	X		0	0	0
SISTER ANN P STANKIEWICZ OP
BOARD MEMBER	2.00	X		0	0	0
SISTER LUCY POVILONIS OP
BOARD MEMBER	2.50	X		0	0	0
SISTER MADELEINE TACY OP
BOARD MEMBER	1.00	X		0	0	0
SISTER MARGARET ANDERSON OP
BOARD MEMBER	1.50	X		0	0	0
SR LORELLE ELCOCK OP
BOARD MEMBER	1.50	X		0	0	0
SUSAN D NAJORK
BOARD MEMBER	3.50	X		0	0	0
THOMAS C DONAHOE
BOARD MEMBER	2.00	X		0	0	0
WENDY E LONG ESQ
BOARD MEMBER	2.25	X		0	0	0
CATHLEEN KENNY
VICE PRESIDENT FOR FINANCE AND ADMINISTRATION	35.00		X	141526	0	31092
ELAINE A O'GRADY
DEAN OF ADMINISSIONS	35.00		X	89458	0	9915
FATHER KEVIN MACKIN
PRESIDENT	35.00		X	205725	0	32867
HARRY STEINWAY
VICE PRESIDENT FOR STUDENT DEVELOPMENT	35.00		X	119976	0	20460
IRIS TURKENKOPF
VICE PRESIDENT FOR ACADEMIC AFFAIRS	35.00		X	155513	0	28949
JAMES RAIMO
VICE PRESIDENT FOR FACILITIES AND OPERATIONS	35.00		X	139803	0	32667
JOSEPH VALENTI
VICE PRESIDENT FOR COLLEGE ADVANCEMENT	35.00		X	139572	0	30987
MARY HINTON
VICE PRESIDENT OF STRATEGIC PLANNING	35.00		X	117431	0	26682
JAMES BEARD
FACULTY	35.00			103707	0	23571	X
JAMES COTTER
FACULTY	35.00			118946	0	17725	X
JOHN REILLY
FACULTY	35.00			104546	0	18852	X
PAUL SCHWARTZ
FACULTY	35.00			105808	0	19004	X
WILLIAM LAHAR
FACULTY	35.00			102455	0	24309	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1644466	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	317080	TotalOtherCompensation
Number Individuals GT100 K	13	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	true	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
KIRCHHOFF-CONSIGLI CONSTRUCTION MANAGEMENT INC
199 WEST ROAD SUITE 100	PLEASANT VALLEY	NY	12569	CONSTRUCTION SERVICES	8849107
LCS FACILITY MAINTENANCE INC
36 COTTAGE STREET	POUGHKEEPSIE	NY	12601	FACILITY SERVICES	460711
HIGHLAND ASSOCIATES
102 HIGHLAND AVENUE	CLARKS SUMMIT	PA	18411	ARCHITECTURAL SERVICES	196896
SPECHT ELECTRIC INC
24 STILL HOLLOW ROAD	NEWBURGH	NY	12550	ELECTRICAL SERVICES	158822
L & M COMPANY
140 HIGHLAND STREET	PORT CHESTER	NY	10940	CONTRACTOR	150194

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	6	NumberOfContractorsGT100K
Fundraising Events	151214	FundraisingEvents
Government Grants	952091	GovernmentGrants
All Other Contributions	5753777	AllOtherContributions
Noncash Contributions	81415	NoncashContributions
Total Contributions	6857082	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION AND FEE INCOME	611310	51250391	51250391
DORMITORIES, FOOD, SERVICE, CAMPUS STORE	611310	13662370	13662370
ELEMENTARY SCHOOL - PRE K TO GRADE 8	611110	1983586	1983586
COMMUNITY EDUCATION	611310	358147	358147
OTHER SOURCES	611310	506921	506921

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	67761415	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	779254	TotalRevenueColumn
Exclusion	$779,254	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	24485	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	45717	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	-21232	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-21232	TotalRevenueColumn
Exclusion	-$21,232	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	16189230	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	16241295	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	-52065	Securities
Other	0	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-52065	TotalRevenueColumn
Exclusion	-$52,065	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	58733	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	151214	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	84162	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-25429	TotalRevenueColumn
Exclusion	-$25,429	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	Total Revenue ColumnTotalRevenueColumn
0	0
0	0
0	0

Miscellaneous Revenue MiscellaneousRevenue

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 Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	75299025	TotalRevenueColumn
Related Or Exempt Function Income	67761415	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$680,528	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	14480906	Total
Program Services	14480906	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	1202297	Total
Management And General	1062725	ManagementAndGeneral
Fundraising	139572	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	20807177	Total
Program Services	18114326	ProgramServices
Management And General	2444230	ManagementAndGeneral
Fundraising	248621	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1359560	Total
Program Services	1060457	ProgramServices
Management And General	271912	ManagementAndGeneral
Fundraising	27191	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	3988727	Total
Program Services	3270756	ProgramServices
Management And General	638196	ManagementAndGeneral
Fundraising	79775	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1718388	Total
Program Services	1409078	ProgramServices
Management And General	274942	ManagementAndGeneral
Fundraising	34368	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	62406	Total
Management And General	62406	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	83355	Total
Management And General	83355	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	23372	Total
Fundraising	23372	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	143224	Total
Management And General	143224	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	4761855	Total
Program Services	4226145	ProgramServices
Management And General	527068	ManagementAndGeneral
Fundraising	8642	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	763505	Total
Program Services	500379	ProgramServices
Management And General	211282	ManagementAndGeneral
Fundraising	51844	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1693243	Total
Program Services	787192	ProgramServices
Management And General	836910	ManagementAndGeneral
Fundraising	69141	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	684315	Total
Program Services	367375	ProgramServices
Management And General	316940	ManagementAndGeneral

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1636852	Total
Program Services	946192	ProgramServices
Management And General	690660	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	471761	Total
Program Services	336803	ProgramServices
Management And General	120072	ManagementAndGeneral
Fundraising	14886	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	130715	Total
Program Services	110707	ProgramServices
Management And General	19866	ManagementAndGeneral
Fundraising	142	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	1831060	Total
Program Services	1716239	ProgramServices
Management And General	114821	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	5700599	Total
Program Services	5244551	ProgramServices
Management And General	456048	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	476974	Total
Program Services	303355	ProgramServices
Management And General	173619	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
ELEMENTARY SCHOOL	2148530	2148530
MAINTENANCE & REPAIRS	1101338	1072154	29184
BOOKSTORE	931076	931076
SMALL EQUIPMENT	632732	91977	540755

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	3136465	Total
Program Services	2547548	ProgramServices
Management And General	572758	ManagementAndGeneral
Fundraising	16159	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	69970432	Total
Program Services	59665746	ProgramServices
Management And General	9590973	ManagementAndGeneral
Fundraising	713713	Fundraising

Total Joint Costs TotalJointCosts

Field	Value	IRS element (for citing)
Total	0	Total

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	9620890	BOY
EOY	8718264	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	4506648	BOY
EOY	8171666	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1290194	BOY
EOY	1319267	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

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	554696	BOY
EOY	576837	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	206776	BOY
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	950746	BOY
EOY	1246989	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	160217041	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	42620387	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	108782378	BOY
EOY	117596654	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	29353246	BOY
EOY	38028564	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	20504285	BOY
EOY	18187971	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	7189300	BOY
EOY	17142327	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	182959159	BOY
EOY	210988539	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2020594	BOY
EOY	4713409	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	1557495	BOY
EOY	1461641	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	45455607	BOY
EOY	65454318	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	3156643	BOY
EOY	1369595	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	6696375	BOY
EOY	4269919	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	58886714	BOY
EOY	77268882	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	112751947	BOY
EOY	118367637	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	6878001	BOY
EOY	10826356	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4442497	BOY
EOY	4525664	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	124072445	BOY
EOY	133719657	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	182959159	BOY
EOY	210988539	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	5328593	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	4637200	ReconciliationUnrealizedInvest
Reconcilation Other Changes	-318581	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 C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	false	Volunteers
Paid Staff Or Management	false	PaidStaffOrManagement
Media Advertisements	false	MediaAdvertisements
Mailings Members	false	MailingsMembers
Publications Or Broadcast	false	PublicationsOrBroadcast
Grants Other Organizations	false	GrantsOtherOrganizations
Direct Contact Legislators	false	DirectContactLegislators
Rallies Demonstrations	false	RalliesDemonstrations
Other Activities	true	OtherActivities
Other Activities	$0	OtherActivitiesAmount
Total Lobbying Expenditures IIB	0	TotalLobbyingExpendituresIIB
Not Described In501c3	false	NotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	Description of the activities reported on Lines 1a through 1i	Identifier
Return Reference	Schedule C, Part II-B, Line 1	ReturnReference
Explanation	THE COLLEGE DOES NOT UNDERTAKE ANY DIRECT LOBBYING ACTIVITIES. THE COLLEGE IS A MEMBER IN SEVERAL HIGHER EDUCATION ASSOCIATIONS SUCH AS NACUBO (NATIONAL ASSOCIATION OF COLLEGE UNIVERSITY BUSINESS OFFICERS) AND CICU (COMMISSION ON INDEPENDENT COLLEGES AND UNIVERSITIES) TO WHICH IT PAYS DUES. A PORTION OF THESE DUES ARE USED FOR LOBBYING PURPOSES.	Explanation

Schedule D IRS990ScheduleD

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	4771129	BeginningOfYearBalance
Contributions	83167	Contributions
Investment Earnings Or Losses	69550	InvestmentEarningsOrLosses
Grants Or Scholarships	261455	GrantsOrScholarships
End Of Year Balance	4662391	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	4691673	BeginningOfYearBalance
Contributions	81157	Contributions
Investment Earnings Or Losses	281732	InvestmentEarningsOrLosses
Grants Or Scholarships	283433	GrantsOrScholarships
End Of Year Balance	4771129	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	4452398	BeginningOfYearBalance
Contributions	223584	Contributions
Investment Earnings Or Losses	114685	InvestmentEarningsOrLosses
Grants Or Scholarships	98994	GrantsOrScholarships
End Of Year Balance	4691673	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	3702471	BeginningOfYearBalance
Contributions	790939	Contributions
Investment Earnings Or Losses	66846	InvestmentEarningsOrLosses
Grants Or Scholarships	107858	GrantsOrScholarships
End Of Year Balance	4452398	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	2183615	BeginningOfYearBalance
Contributions	1594517	Contributions
Investment Earnings Or Losses	-20511	InvestmentEarningsOrLosses
Grants Or Scholarships	55150	GrantsOrScholarships
End Of Year Balance	3702471	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	0.97000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.03000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	7403933	OtherCostOrOtherBasis
Book Value	7403933	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	132336735	OtherCostOrOtherBasis
Depreciation	37715345	Depreciation
Book Value	94621390	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Book Value	0	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	7391568	OtherCostOrOtherBasis
Depreciation	4905042	Depreciation
Book Value	2486526	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	13084805	OtherCostOrOtherBasis
Book Value	13084805	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	117596654	TotalOfBookValueLandBuildings

Financial Derivatives FinancialDerivatives

Field	Value	IRS element (for citing)
Book Value	0	BookValue
Method Of Valuation	F	MethodOfValuation

Closely Held Equity Interests CloselyHeldEquityInterests

Field	Value	IRS element (for citing)
Book Value	0	BookValue

Other Securities OtherSecurities (4 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
LIMITED PARTNERSHIPS - INTERNATIONAL INVESTMENTS	8573560	F
DOMESTIC EQUITY FUND	3854846	F
INTERNATIONAL EQUITY FUND	3573241	F
HEDGE FUNDS	2186324	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	18187971	TotalOfBookValueSecurities

Other Assets OtherAssets (2 entries)

DescriptionDescription	Book ValueBookValue
DEFERRED FINANCING COSTS	1105970
DEPOSITS WITH BOND TRUSTEES	16036357

Field	Value	IRS element (for citing)
Total Book Value Other Assets	17142327	TotalBookValueOtherAssets
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
CONDITIONAL ASSET RETIREMENT OBLIGATION	$196,000
DERIVATIVE LIABILITY	$3,446,629
GOVERNMENT GRANTS REFUNDABLE	$627,290

Field	Value	IRS element (for citing)
Total Of Amounts	4269919	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Intended uses of endowment funds	Schedule D, Part V, Line 4	THE PORTION OF THE PERMANENT ENDOWMENT FUNDS THAT IS REQUIRED TO BE RETAINED BY EXPLICIT DONOR RESTRICTION IS AS FOLLOWS FOR 2013: - RESTRICTED FOR SCHOLARSHIP SUPPORT $2,559,535 - RESTRICTED FOR INSTITUTIONAL SUPPORT $1,966,129 THE PORTION OF THE TEMPORARILY RESTRICTED ENDOWMENT FUNDS SUBJECT TO A TIME RESTRICTION IS AS FOLLOWS FOR 2013: - RESTRICTED FOR INSTITUTIONAL SUPPORT $136,727
FIN 48 (ASC 740) footnote	Schedule D, Part X, Line 2	THE COLLEGE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. U.S. GAAP PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF THE TAX POSITION IS CONSIDERED MORE-LIKELY-THAN-NOT TO BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT BELIEVES THE COLLEGE DOES NOT HAVE ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2013 AND 2012. THE COLLEGE IS NO LONGER SUBJECT TO EXAMINATION BY U.S. FEDERAL TAXING AUTHORITIES AND FOR ALL STATE INCOME TAXES THROUGH 2007. THE COLLEGE DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE COLLEGE WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE COLLEGE HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF JUNE 30, 2013 AND 2012.

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	THE COLLEGE PUBLISHES AN ANNUAL NOTICE OF ITS NON DISCRIMINATORY POLICY IN A LOCAL NEWSPAPER DURING THE ACADEMIC YEAR. THE NOTICE COMPLIES WITH IRS GUIDELINES.
Financial aid or assistance from a governmental agency	Schedule E, Part I, Line 6a	THE COLLEGE RECEIVES FEDERAL PELL, WORKSTUDY, SEOG, NYS TAP AND OTHER STATE SCHOLARSHIP FUNDS.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)

RegionRegion	Number Of OfficesNumberOfOffices	Number Of EmployeesNumberOfEmployees	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
EUROPE (INCLUDING ICELAND AND GREENLAND)	0	0	PROGRAM SERVICES	STUDY ABROAD PROGRAM	279000
CENTRAL AMERICA AND THE CARIBBEAN			INVESTMENTS		8574000

Field	Value	IRS element (for citing)
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	0	TotalNumberOfEmployees
Total Amount Spent	8853000	TotalAmountSpent
Transfer To Foreign Corp	false	TransferToForeignCorp
Interest In Foreign Trust	false	InterestInForeignTrust
Own Foreign Corp	true	OwnForeignCorp
Passive Foreign Invest Co	true	PassiveForeignInvestCo
Foreign Partnership	false	ForeignPartnership
Boycott Countries	false	BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Method used to account for expenditures on organization's financial statements	Schedule F, Part I, Line 3	CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL
Method used to account for expenditures on organization's financial statements	Schedule F, Part I, Line 3	CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL

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	LESTER INC	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	18 BUSINESS PARK DRIVE	AddressLine1
City	BRANDFORD	City
State	CT	State
ZIP Code	06405	ZIPCode

Field	Value	IRS element (for citing)
Activity	FUNDRAISING	Activity
Fundraiser Control Of Funds	false	FundraiserControlOfFunds
Gross Receipts	40745	GrossReceipts
Amount Retained By Contractor	23372	AmountRetainedByContractor
Net To Organization	17373	NetToOrganization

Field	Value	IRS element (for citing)
Total Gross Receipts	40745	TotalGrossReceipts
Total Retained By Contractors	23372	TotalRetainedByContractors
Total Net To Organization	17373	TotalNetToOrganization
Licensed States	AZ	LicensedStates

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	GOLF TOURNAMENT	NameOfEvent1
Gross Receipts Event1	100425	GrossReceiptsEvent1
Charitable Contributions Event1	77672	CharitableContributionsEvent1
Gross Revenue Event1	22753	GrossRevenueEvent1
Cash Prizes Event1	0	CashPrizesEvent1
Non Cash Prizes Event1	2250	NonCashPrizesEvent1
Rent Facility Costs Event1	19814	RentFacilityCostsEvent1
Food And Beverage Event1	0	FoodAndBeverageEvent1
Entertainment Event1	0	EntertainmentEvent1
Other Direct Expenses Event1	9256	OtherDirectExpensesEvent1
Name Of Event2	GALA	NameOfEvent2
Gross Receipts Event2	83250	GrossReceiptsEvent2
Charitable Contributions Event2	59673	CharitableContributionsEvent2
Gross Revenue Event2	23577	GrossRevenueEvent2
Cash Prizes Event2	0	CashPrizesEvent2
Non Cash Prizes Event2	0	NonCashPrizesEvent2
Rent Facility Costs Event2	6478	RentFacilityCostsEvent2
Food And Beverage Event2	19468	FoodAndBeverageEvent2
Entertainment Event2	0	EntertainmentEvent2
Other Direct Expenses Event2	7166	OtherDirectExpensesEvent2
Total Number Of Other Events	1	TotalNumberOfOtherEvents
Gross Receipts Other Events	26272	GrossReceiptsOtherEvents
Charitable Contrib Other Events	13869	CharitableContribOtherEvents
Gross Revenue Other Events	12403	GrossRevenueOtherEvents
Cash Prizes Other Events	0	CashPrizesOtherEvents
Non Cash Prizes Other Events	0	NonCashPrizesOtherEvents
Rent Facility Costs Other Events	13269	RentFacilityCostsOtherEvents
Food And Beverage Other Events	583	FoodAndBeverageOtherEvents
Entertainment Other Events	1800	EntertainmentOtherEvents
Other Direct Expenses Other Events	4078	OtherDirectExpensesOtherEvents
Gross Receipts Total	209947	GrossReceiptsTotal
Charitable Contributions Total	151214	CharitableContributionsTotal
Gross Revenue Total Events	58733	GrossRevenueTotalEvents
Cash Prizes Total Events	0	CashPrizesTotalEvents
Non Cash Prizes Total Events	2250	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	39561	RentFacilityCostsTotalEvents
Food And Beverage Total Events	20051	FoodAndBeverageTotalEvents
Entertainment Total Events	1800	EntertainmentTotalEvents
Other Direct Expenses Total Events	20500	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	84162	DirectExpenseSummaryEvents
Net Income Summary	-25429	NetIncomeSummary

Form990 Schedule G Part IV Form990ScheduleGPartIV

Field	Value	IRS element (for citing)
Identifier	FUNDRAISING AGREEMENT	Identifier
Return Reference	SCHEDULE G, PART I, LINE 2A	ReturnReference
Explanation	THE ACCEPTED PROPOSAL FOR FUNDRAISING ACTIVITIES PROVIDED THAT THE FILING ORGANIZATION WOULD BE INVOICED ON A WEEKLY BASIS, AND THAT ALL INVOICES WOULD REFLECT THE NUMBER OF CALLING AND TRAINING HOURS AND NUMBER OF DIRECT MAIL PIECES SENT. THE AGREEMENT PROVIDED THAT THE FEES FOR SET-UP, PRINTING AND PROCUREMENT OF STATIONERY AND FORMS WOULD APPEAR IN THE FIRST INVOICE. THE SETUP FEES WERE A FIXED AMOUNT. CHARGES FOR TELEPHONE CALLING, TRAINING, AND GENERAL SERVICES WERE PRICED AT AN HOURLY RATE AND DIRECT MAIL CHARGES WERE PRICED AT A PER ITEM BASIS.	Explanation

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	SCHOLARSHIPS	TypeOfGrant
Number Of Recipients	2152	NumberOfRecipients
Amount Of Cash Grant	14480906	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 HAS RULES IN PLACE TO ENSURE THAT SCHOLARSHIP AID PROVIDED TO STUDENTS IS USED FOR AUTHORIZED PURPOSES. ADDITIONAL DETAIL IS AVAILABLE UPON REQUEST.	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
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
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 (5 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
JAMES RAIMO
VICE PRESIDENT FOR FACILITIES AND OPERATIONS	139138	0	0	0	665	0	14884	0	17783	0	172470	0	0	0
JOSEPH VALENTI
VICE PRESIDENT FOR COLLEGE ADVANCEMENT	139138	0	0	0	434	0	13089	0	17898	0	170559	0	0	0
CATHLEEN KENNY
VICE PRESIDENT FOR FINANCE AND ADMINISTRATION	141081	0	0	0	445	0	13332	0	17760	0	172618	0	0	0
IRIS TURKENKOPF
VICE PRESIDENT FOR ACADEMIC AFFAIRS	151421	0	0	0	4092	0	15384	0	13565	0	184462	0	0	0
FATHER KEVIN MACKIN
PRESIDENT	205725	0	0	0	0	0	18515	0	14352	0	238592	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Housing allowance or residence for personal use	Schedule J, Part I, Line 1a	COLLEGE PROVIDES HOUSING FOR THE PRESIDENT AS PART OF HIS EMPLOYMENT CONTRACT. PURSUANT TO IRC SEC. 119, HOUSING PROVIDED TO THE PRESIDENT IS NON-TAXABLE.
Health or social club dues or initiation fees	Schedule J, Part I, Line 1a	THE COLLEGE PROVIDES THE PRESIDENT WITH A CLUB MEMBERSHIP AS PART OF HIS EMPLOYMENT CONTRACT. THE CLUB MEMBERSHIP IS USED SOLELY FOR BUSINESS PURPOSES AND AS SUCH IS NONTAXABLE.
PRESIDENT'S COMPENSATION	SCHEDULE J, PART II, COLUMN (A)	THE COLLEGE PAYS THE PRESIDENT'S COMPENSATION DIRECTLY TO HIS ORDER, ST FRANCIS MONASTERY FOUNDATION INC, WHICH IS AN UNRELATED ORGANIZATION.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)

Bond ReferenceBondReferenceCd	Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
ORANGE COUNTY FUNDING CORPORATION
A	273179651	684594AT1	2012-12-21	40087992	SEE SCHEDULE O.	false	false	false
ORANGE COUNTY FUNDING CORPORATION
B	273179651		2012-12-21	25465000	SEE SCHEDULE O.	false	false	false

Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)

Bond ReferenceBondReferenceCd	Amount RetiredAmountRetired	Amount Bond DefeasedAmountBondDefeased	Total ProceedsTotalProceeds	Amount In Reserve FundAmountInReserveFund	Capitalized InterestCapitalizedInterest	Refunding EscrowRefundingEscrow	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Credit EnhancementCreditEnhancement	Working Capital ExpendituresWorkingCapitalExpenditures	Capital ExpendituresCapitalExpenditures	Other Spent ProceedsOtherSpentProceeds	Amount UnspentAmountUnspent	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
A	0	0	40087992	0	0	0	738186	0	0	12904806	18712388	7732612	2013	false	true	true	true
B	0	0	25465000	0	0	0	430016	0	0	1432054	23602930	0	2013	false	true	true	true

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Engage Bond Counsel ContractsEngageBondCounselContracts	Any Research AgreementsAnyResearchAgreements	Engage Bond Counsel ResearchEngageBondCounselResearch	Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers	Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI	Total Private Business UseTotalPrivateBusinessUse	Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest	Change In Use Bond Financed PropChangeInUseBondFinancedProp	Prcntge Bond Financed PropPrcntgeBondFinancedProp	Remedial Action TakenRemedialActionTaken	Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs
A	false	false	false	false	false	false	0.0000	0.0000	0.0000	false	false	0.0000	false	false
B	false	false	false	false	false	false	0.0000	0.0000	0.0000	false	false	0.0000	false	false

Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiled	Rebate Not Due YetRebateNotDueYet	Exception To RebateExceptionToRebate	No Rebate DueNoRebateDue	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Term Of HedgeTermOfHedge	Superintegrated HedgeSuperintegratedHedge	Hedge TerminatedHedgeTerminated	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Term Of GICTermOfGIC	Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied	Gross Proceeds InvestedGrossProceedsInvested	Written Proc To Monitor ReqsWrittenProcToMonitorReqs
(no name)
A	false	true	false	false	false	false	0.0	false	false	false	0.0	false	false	false
TD BANK
B	false	true	false	false	true	true	30.0	false	false	false	0	false	false	false

Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)

Bond ReferenceBondReferenceCd	Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction
A	false
B	false

Form990 Schedule K Part VI Form990ScheduleKPartVI (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORANGE COUNTY FUNDING CORPORATION: CUSIP- 684594AT1	SCHEDULE K, PART I, COLUMN (F)	PROCEEDS OF $17,205,265 WAS USED TO ADVANCE REFUND SERIES 2003 BOND, AND NON-REFUNDING PROCEEDS OF $22,306,668 USED FOR THE RENOVATION OF THE DOMINICAN CENTER, AND PAY OFF THE ORIGINAL LOAN FOR THE PURCHASE OF THE DOMINICAN CENTER.
ORANGE COUNTY FUNDING CORPORATION	SCHEDULE K, PART I, COLUMN (F)	ADVANCE REFUND 2005 BOND THAT WAS REOFFERED IN 2008 BY THE DORMITORY AUTHORITY OF THE STATE OF NEW YORK

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	LYNN FRANK	BusinessNameLine1

Field	Value	IRS element (for citing)
Relationship	FAMILY MEMBER OF CHARLES FRANK, BOARD MEMBER	Relationship
Amount Of Transaction	19600	AmountOfTransaction
Description Of Transaction	COMPENSATION	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	6	NumberOfContributions
Noncash Contribs Rptd F990	81415	NoncashContribsRptdF990
Method Of Determining Revenues	MARKET VALUE	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Number Of8283 Received	0	NumberOf8283Received
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	true	ReviewProcessUnusualNCGifts
Third Parties Used	false	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

Field	Value	IRS element (for citing)
Identifier	Number of contributions or items contributed.	Identifier
Return Reference	Schedule M, part I, column (b), Line 9	ReturnReference

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Delegate broad authority to a committee	Form 990, Part VI, Section A, Line 1a	ARTICLE VIII COMMITTEES OF THE BOARD OF TRUSTEES: VIII-2-THE EXECUTIVE COMMITTEE SHALL BE COMPRISED ALL STANDING COMMITTEE CHAIRS. AT HIS DISCRETION THE CHAIR MAY APPOINT AN ADDITIONAL MEMBER OF THE BOARD TO THE EXECUTIVE COMMITTEE. SUCH EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE IN THE INTERVALS BETWEEN MEETINGS OF THE FULL BOARD ALL POWERS AND AUTHORITY VESTED IN THE FULL BOARD UNDER ARTICLE 5, SECTION 226 OF THE EDUCATION LAW, EXCEPT THOSE POWERS SPECIFICALLY WITHHELD BY SAID SECTION 226, SUB-SECTION 2.
Review of form 990 by governing body	Form 990, Part VI, Section B, Line 11b	THE COMPLETED FORM 990 IS DISTRIBUTED TO THE BOARD OF TRUSTEES IN ADVANCE OF FILING FOR THEIR REVIEW.
Conflict of interest policy	Form 990, Part VI, Section B, Line 12c	THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION SHARES COMPLETED CONFLICT OF INTEREST QUESTIONAIRES WITH ALL TRUSTEES IN DECEMBER'S BOARD MEETING. CONFLICTS ARE REVIEWED AND RESOLVED BY THE MEMBERS OF THE EXECUTIVE COMMITTEE.
Process used to establish compensation of top management official	Form 990, Part VI, Section B, Line 15a	THE PRESIDENT'S COMPENSATION IS SET BY THE BOARD OF TRUSTEES. HIS SALARY IS REVIEWED AND ADJUSTED IN CONNECTION WITH AN ANNUAL PERFORMANCE REVIEW. COLLEGE POLICY CALLS FOR AN ANNUAL REVIEW OF SALARIES OF OFFICERS AND KEY EMPLOYEES BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THEIR REVIEW IS DOCUMENTED IN THE COMMITTEE MINUTES, AND WAS LAST DONE IN JUNE 2013.
Process used to establish compensation of other officers/key employees	Form 990, Part VI, Section B, Line 15b	THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS SET BY THE BOARD OF TRUSTEES AND BASED ON A REVIEW OF PUBLISHED DATA THAT COMPARES SALARIES OF OFFICER AT SIMILAR SIZED INSTITUTIONS. COLLEGE POLICY CALLS FOR AN ANNUAL REVIEW OF SALARIES OF OFFICERS AND KEY EMPLOYEES BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THEIR REVIEW WAS DOCUMENTED IN THE JUNE 2013 MINUTES.
Governing documents, conflict of interest policy and financial statements available to the public	Form 990, Part VI, Section C, Line 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
Other changes in net assets or fund balances	Form 990 , Part XI, Line 9	UNREALIZED GAIN ON INTEREST RATE SWAP - 2151543; COST OF BOND DEFEASEMENT - -2470124;