2013-02-25T11:29:44-06:00 2012-05-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2011-06-01 160909446 TROCAIRE COLLEGE TROC 7168261200 360 CHOATE AVE BUFFALO NY 142202094 RICHARD BERNECKI 7168261200 2013-02-16 1 JOHN P SCHIAVONE P00228702 7168563300 2011 2016-03-07 17:11:31Z DR BASSAM DEEB 360 CHOATE AVE BUFFALO NY 142202094 25949576 0 X WWW.TROCAIRE.EDU X 1958 NY TROCAIRE IS THE COLLEGE WHERE LIVES ARE TRANSFORMED. GRADUATES WILL BE THE FIRST CHOICE OF EMPLOYERS. 24 23 377 150 0 0 1453186 862219 17363609 19496008 397995 291358 135141 173591 19349931 20823176 1465478 1652496 0 0 10081960 11075266 0 0 376439 5402083 5547076 16949521 18274838 2400410 2548338 24095393 25934000 5335890 5012460 18759503 20921540 X TROCAIRE COLLEGE, A PRIVATE, CAREER-ORIENTED CATHOLIC COLLEGE, IN THE SPIRIT OF THE SISTERS OF MERCY, STRIVES TO EMPOWER STUDENTS TOWARD PERSONAL ENRICHMENT, DIGNITY AND SELF-WORTH THROUGH EDUCATION IN A VARIETY OF PROFESSIONS AND IN THE LIBERAL ARTS. RECOGNIZING THE INDIVIDUAL NEEDS OF A DIVERSE STUDENT BODY, TROCAIRE COLLEGE PROVIDES LIFE LEARNING AND DEVELOPMENT WITHIN A COMMUNITY-BASED ENVIRONMENT. TROCAIRE COLLEGE PREPARES STUDENTS FOR SERVICE IN THE UNIVERSAL COMMUNITY. 0 0 8723928 1652496 18451979 INSTRUCTION - A 4-YEAR, PRIMARILY ASSOCIATE'S DEGREE-GRANTING PRIVATE NOT-FOR-PROFIT COLLEGE, OFFERING PRE-BACCALAUREATE CERTIFICATES, ASSOCIATE'S DEGREES AND BACHELOR'S DEGREES, REACHING APPROXIMATELY 2000 FULL-AND PART-TIME CREDIT STUDENTS, WITH THREE ACADEMIC SEMESTERS (FALL, SPRING, SUMMER) AND OFFERING COURSES DURING THE DAY, IN THE EVENING, ON WEEKENDS AND VIA DISTANCE EDUCATION, AS WELL AS PROVIDING NON-CREDIT LIFELONG LEARNING AND CONTINUING EDUCATION 2577338 169195 ACADEMIC SUPPORT INCLUDES SERVICES TO STUDENTS IN THE FOLLOWING AREAS; LIBRARY, LEARNING CENTER, STUDENT GOVERNMENT, ADMISSIONS, FINANCIAL ASSISTANCE, STUDENT RECORDS, ADVISEMENT BILLING, CAREER COUNSELING, AND HEALTH RECORDS 872245 874834 AUXILIARY SERVICE SERVICES - A COLLEGE STORE THAT SELLS TEXT BOOKS AND SUPPLIES FOR THE CONVENIENCE OF THE STUDENTS 12173511 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 377 1 0 0 0 0 0 1 1 0 0 0 0 0 X 24 23 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X RICHARD BERNECKI 7168261200 360 CHOATE AVE BUFFALO NY 14220 MARY BENNETT MD 2.00 X 0 0 0 SISTER JOANNE COURNEEN RSM 2.00 X 0 0 0 SISTER DIANE MATJE RSM 2.00 X 0 0 0 SISTER MARY ANN SCHIMSCHEINER RSM 2.00 X 0 0 0 THOMAS J GAMBLE PHD 2.00 X 0 0 0 BRIAN GOULD 2.00 X 0 0 0 LISA KIRISITS CPA 2.00 X X 0 0 0 MICHELE LADOUCEUR 2.00 X 0 0 0 TERESA LAWRENCE PHD 2.00 X 0 0 0 CINDY RICH 2.00 X 0 0 0 SISTER EILEEN O'CONNOR RSM 2.00 X 0 0 0 MAUREEN A WINNERT 2.00 X 0 0 0 SHARON HANSON 2.00 X 0 0 0 ROBERT MCDOW 2.00 X X 0 0 0 MICHAEL MORAVEC 2.00 X X 0 0 0 SIOBHAN SMITH 2.00 X 0 0 0 WILLIAM PALADINO 2.00 X 0 0 0 SISTER SALLY WALZ RSM 2.00 X 0 0 0 NANCY SHEEHAN RN JD 2.00 X 0 0 0 JONATHAN SWIATKOWSKI CPA 2.00 X 0 0 0 SISTER MARY JEANNE THOMAS DANAHY RS 2.00 X 0 0 0 JAMES NOTARO PHD 2.00 X 0 0 0 THOMAS QUATROCHE PHD 2.00 X 0 0 0 PAUL B HURLEY JR PHD 40.00 X 164762 0 24461 RICHARD BERNECKI 40.00 X 108863 0 9992 273625 0 34453 2 0 1 0 0 89506 623084 149629 862219 STUDENT TUITION AND FE 611710 18451979 18451979 AUXILIARY ENTERPRISES 451211 874834 874834 LIFELONG LEARNING 611710 169195 169195 19496008 195018 195018 5198433 5102093 96340 96340 96340 23400 89506 24307 -907 -907 COPY MACHINE INCOME 561439 145865 145865 MISCELLANEOUS 611710 18524 18524 TRAINING FEES 611710 4340 4340 5769 5769 174498 20823176 18625514 0 1335443 1652496 1652496 308078 308078 8376446 6677397 1439761 259288 427166 325764 87968 13434 1243779 920106 285730 37943 719797 523652 174551 21594 42975 42975 815966 7240 808726 445814 30252 415562 1472676 1031903 396593 44180 190857 62491 128366 570037 570037 68379 36650 31729 61555 25388 36167 618142 48857 569285 76687 34345 42342 AUXILIARY SERVICES 628722 628722 REPAIRS & MAINTENANCE 321608 116572 205036 BAD DEBT 146495 146495 MEMBERSHIPS AND SUBSCRI 87163 51676 35487 18274838 12173511 5724888 376439 702 702 4715100 7474391 994374 550127 55787 34063 16659 0 135410 160390 149067 162908 14402916 5754622 8999390 8648294 7799976 7927197 1209077 961714 19851 14214 24095393 25934000 881642 809214 411652 627581 4042596 3575665 5335890 5012460 X 16088885 18333942 2289278 2206258 381340 381340 18759503 20921540 24095393 25934000 X 2548338 -386301 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2014496 -30870 1983626 1791031 223465 2014496 1494422 240000 56609 1791031 1501192 141541 -148311 1494422 0.19200 0.80800 0 0 360000 360000 10458863 3115739 7343124 3584053 2638883 945170 8648294 20823176 18274838 2548338 -386301 -386301 2162037 18898506 -386301 -386301 19284807 42975 1495394 1538369 20823176 16736469 0 16736469 42975 1495394 1538369 18274838 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE RESTRICTED FOR TIME BY THE US DEPARTMENT OF EDUCATION, AND AFTER A CERTAIN POINT, THE COLLEGE CAN USE THEM FOR UNRESTRICTED PURPOSES. (PART XII & XIII LINE 4B) AMOUNT REPRESENTS COLLEGE FUNDED SCHOLARSHIPS AND DISCOUNTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE COLLEGE PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE COLLEGE CATALOG, AN IMPORTANT PART OF THEIR PROMOTIONAL LITERATURE. A SHORTENED VERSION APPEARS IN OTHER PUBLICATIONS SUCH AS BROCHURES, ADVERTISEMENTS, AND COURSE SCHEDULES. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 GOVERNMENT SUBSIDIZED LOANS TRUSTEE RECEPTION 112906 89506 23400 24307 NONE 112906 89506 23400 24307 24307 -907 1 SCHOLARSHIPS, TUITION DISCOUNTS, AND STUDENT AID FOR STUDENTS ATTENDING TROCAIRE COLLEGE. 1265 1101664 550832 FMV EDUCATIONAL SUPPLIES SUCH AS TEXTBOOKS, NOTEBOOKS, WRITING MATERIALS, PROGRAM SPECIFIC SUPPLIES, AND OTHER VARIOUS EDUCATIONAL RELATED SUPPLIES. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ONCE TROCAIRE COLLEGE AWARDS SCHOLARSHIPS, DISCOUNTS, AND/OR STUDENT AID, AND THE STUDENT ACCEPTS THOSE FUNDS, THE COLLEGE DIRECTLY CREDITS THE STUDENTS TUITION BILL. X X 0 0 0 0 0 0 0 0 0 PAUL B HURLEY JR PHD 160663 0 0 0 4099 0 12228 0 12233 0 189223 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION (TROCAIRE COLLEGE) ARE THE CONFERENCE FOR MERCY HIGHER EDUCATION ("CMHE") AND FOUR (4) SISTERS OF MERCY SELECTED FROM AMONG THE SISTERS OF MERCY SERVING ON THE BOARD OF TRUSTEES BY THE PRESIDENT OF THE SISTERS OF MERCY OF THE AMERICAS, NEW YORK, PENNSYLVANIA, PACIFIC WEST COMMUNITY AFTER CONSULTATION WITH THE BOARD OF TRUSTEES. CMHE SHALL DESIGNATE A REPRESENTATIVE AND AN ALTERNATE REPRESENTATIVE WHO SHALL HAVE FULL AUTHORITY TO ACT ON CMHE'S BEHALF WITH RESPECT TO ALL MATTERS AT THE ANNUAL MEETING OR ANY SPECIAL MEETINGS OF THE MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS HAVE RESERVED AUTHORITY IN APPROVAL OF: 1) CHANGES IN THE ARTICLES OF INCORPORATION AND THE BY-LAWS OF THE COLLEGE THAT AFFECT THE MISSION AND PURPOSE OF THE COLLEGE, AND THE BY-LAWS SECTION ON MEMBERSHIP, 2) ANY ACTION WHICH WOULD INVOLVE MERGER, CONSOLIDATION, DISSOLUTION OR TRANSFER OF SUBSTANTIALLY ALL OF THE ASSETS OR CHANGE OF LEGAL STATUS OF THE CORPORATION, AND 3) THE APPROVAL OF TRUSTEES NOMINATED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS DISTRIBUTED TO THE MEMBERS OF THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. AFTER REVIEW, THE COMMITTEE AUTHORIZES THE VICE PRESIDENT, FINANCE AND ADMINISTRATION TO SIGN THE DOCUMENT AT THE NEXT SCHEDULED FINANCE COMMITTEE MEETING. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF TRUSTEES ANNUALLY REVIEWS AND COMPLETES THE "CONFLICT OF INTEREST STATEMENT". KEY EMPLOYEES ARE REQUIRED TO REPORT ANY POSSIBLE CONFLICTS TO THEIR SUPERVISORS BY COMPLETING THE "CONFLICT OF INTEREST DISCLOSURE FORM'. NO ANNUAL MONITORING OF KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR CEO/TOP MANAGEMENT IS REVIEWED AND SET BY THE BOARD OF TRUSTEES. THE BOARD OF DIRECTORS HAS A WRITTEN CONTRACT WITH THE PRESIDENT OF THE COLLEGE, AND IN ESTABLISHING A SALARY, THERE IS AN ASSESSMENT OF COMPARABLE PRESIDENT SALARIES. COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS BASED ON POSITION RESPONSIBILIES AND OTHER COMPARABLE EXISTING EMPLOYEES SALARY LEVELS. FACULTY AND PROGRAM DIRECTOR SALARY DECISIONS ARE GUIDED BY THE COLLECTIVE BARGAINING AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE PUBLIC CAN CONTACT THE PRESIDENT'S OFFICE DIRECTLY AND REQUEST TO SEE ITS GOVERNING DOUCMENTS, CONFLICT OF INTEREST POLICY AND/OR FINANCIAL STATEMENTS. THE REQUIRED DOCUMENTATION IS HELD AT THE MAIN CAMPUS WHICH IS THE SAME AS THE RETURNS ADDRESS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -386,301.