DAEMEN UNIVERSITY: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- DAEMEN UNIVERSITY (EIN 16-0759798)
- Tax period
- 2024-06-01 to 2025-05-31
- Filed
- 2026-02-06
- IRS object ID
- 202610419349300421
- Schema version
- 2024v5.0
- 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 D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-02-06T14:28:12-07:00 | ReturnTs |
| Tax Period End | 2025-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 743118183 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Drescher &Malecki LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2721 Transit Rd Suite 111 | AddressLine1Txt |
| City | Elma | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14059 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 160759798 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAEMEN UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DAEM | BusinessNameControlTxt |
| Phone | 7168398218 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4380 Main Street | AddressLine1Txt |
| City | Amherst | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 142263592 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Timothy Balkin | PersonNm |
| Person Title | Vice President of Business Affairs | PersonTitleTxt |
| Phone | 7168398218 | PhoneNum |
| Signature | 2026-02-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Matthew Montalbo | PreparerPersonNm |
| PTIN | P01858118 | PTIN |
| Phone | 7165652299 | PhoneNum |
| Preparation | 2026-02-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Timothy Balkin | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4380 Main Street | AddressLine1Txt |
| City | Amherst | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14226 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $146,307,605 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.daemen.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1947 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | Education - Private, Independent University. The mission of Daemen University is to prepare creative, ethically-minded leaders for a diverse and interconnected world by integrating the intellectual strengths acquired through the liberal arts with the preparation necessary for professional excellence to make meaningful contributions to society. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 1321 | TotalEmployeeCnt |
| Total Volunteers | 60 | TotalVolunteersCnt |
| Total Gross UBI | $578,535 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $1 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,254,935 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,138,547 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $80,159,532 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $78,926,041 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,241,759 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,577,894 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,470,904 | PYOtherRevenueAmt |
| CY Other Revenue | $1,861,278 | CYOtherRevenueAmt |
| PY Total Revenue | $93,127,130 | PYTotalRevenueAmt |
| CY Total Revenue | $92,503,760 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $31,762,756 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $29,685,502 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $36,263,940 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $35,881,748 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $513,015 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $24,737,596 | PYOtherExpensesAmt |
| CY Other Expenses | $26,011,894 | CYOtherExpensesAmt |
| PY Total Expenses | $92,764,292 | PYTotalExpensesAmt |
| CY Total Expenses | $91,579,144 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $362,838 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $924,616 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $84,222,864 | TotalAssetsBOYAmt |
| Total Assets EOY | $86,714,837 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $34,895,410 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $36,449,442 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $49,327,454 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $50,265,395 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Private, independent university providing higher education to students. The mission of Daemen University is to prepare creative, ethically-minded leaders for a diverse and interconnected world by integrating the intellectual strengths acquired through the liberal arts with the preparation necessary for professional excellence to make meaningful contributions to society. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $84,596,448 | ExpenseAmt |
| Grant | $29,685,502 | GrantAmt |
| Revenue | $92,503,760 | RevenueAmt |
| Desc | Private, independent university providing higher education to students. The mission of Daemen University is to prepare creative, ethically-minded leaders for a diverse and interconnected world by integrating the intellectual strengths acquired through the liberal arts with the preparation necessary for professional excellence to make meaningful contributions to society. | Desc |
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $84,596,448 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 329 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1321 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Timothy Balkin | PersonNm |
| Phone | 7168398218 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4380 Main Street | AddressLine1Txt |
| City | Amherst | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 142263592 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| Dr Gary A Olson | |||||||||
| President | 40 | 0 | Yes (X) | $542,315 | $0 | $45,289 | |||
| Dr Michael Brogan | |||||||||
| Executive Vice President for Academic Affairs and Provost | 40 | 0 | Yes (X) | $184,765 | $0 | $21,820 | |||
| Thomas Wojciechowski | |||||||||
| Executive Director of Web Communications | 40 | 0 | $102,282 | $0 | $88,346 | Yes (X) | |||
| Gregory Ford | |||||||||
| Dean of the Scott Bieler College of Health Professions | 40 | 0 | $119,680 | $0 | $44,989 | Yes (X) | |||
| Diane Bessel Matteson | |||||||||
| Associate Professor | 40 | 0 | $154,652 | $0 | $8,944 | Yes (X) | |||
| Melaine Kenyon | |||||||||
| VP of Information Technology | 40 | 0 | Yes (X) | $131,939 | $0 | $30,326 | |||
| Elizabeth Wright | |||||||||
| AVP OF Academic Relations | 40 | 0 | $113,645 | $0 | $47,793 | Yes (X) | |||
| Mimi Steadman | |||||||||
| Vice President for Strategic Initiatives | 40 | 0 | Yes (X) | $128,684 | $0 | $27,635 | |||
| Heather Maloney-Stassen | |||||||||
| Founding Dean & Vice Provost | 40 | 0 | $124,476 | $0 | $27,282 | Yes (X) | |||
| Kerry Spicer | |||||||||
| Vice Pres. for Student Affairs & Dean of Students | 40 | 0 | Yes (X) | $112,099 | $0 | $29,733 | |||
| Traci Murphy | |||||||||
| Vice President for Athletics | 40 | 0 | Yes (X) | $114,935 | $0 | $26,578 | |||
| Mario Hicks | |||||||||
| VP of Institutional Advancement | 40 | 0 | Yes (X) | $123,600 | $0 | $3,797 | Yes (X) | ||
| Jacquelyn Dole | |||||||||
| AVP of Business Affairs & Controller | 40 | 0 | Yes (X) | $110,577 | $0 | $8,479 | Yes (X) | ||
| Tiffany Hamilton | |||||||||
| VP Institutional Equity & Belonging & HEOP Director | 40 | 0 | Yes (X) | $90,423 | $0 | $24,477 | |||
| Robert Rood | |||||||||
| VP of Business Affairs | 40 | 0 | Yes (X) | $86,960 | $0 | $5,899 | Yes (X) | ||
| Michael Ross | |||||||||
| Trustee | 40 | 0 | $92,038 | $0 | $294 | Yes (X) | |||
| Timothy Balkin | |||||||||
| Vice President of Business Affairs | 40 | 0 | Yes (X) | $82,277 | $0 | $239 | |||
| Lisa A Arida | |||||||||
| AVP of Business Affairs & Cont. | 40 | 0 | Yes (X) | $70,199 | $0 | $6,055 | |||
| John Yurtchuk | |||||||||
| Chair | 0.8 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Paul Saffrin | |||||||||
| Vice Chair | 0.8 | 0 | $0 | $0 | $0 | Yes (X) | |||
| JoEtte Zaccagnino | |||||||||
| Secretary/Treasurer | 0.8 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Lana Benatovich | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Scott Bieler | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Byron Brown | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Mark Chason | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| JoAnn Falletta | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Dorothy Ferguson | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Scott Friedman | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Terrence Gilbride | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Robert Gioia | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Jo-Ann Grabowski | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Alan Gracie | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Johnathan Graves | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Jennifer Gurske-Deperio | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Brian Higgins | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Candace Johnson | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Kathy Lawley-Best | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Lynn Marinelli | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Rebecca J McCormick-Boyle | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Gail Y Mitchell | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Thomas Reynolds | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Shandra Spicer | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Alan Turner II | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Steven Zenger | |||||||||
| Trustee | 0.4 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,485,546 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $447,975 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 76 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| AES DE RS III LLC | ||||||
| 282 Century Place | Suite 2000 | Louisville | CO | 80027 | solar energy provider | $431,617 |
| Energymark LLC | ||||||
| 6653 Main St | Williamsville | NY | 14221 | Utility Supplier | $247,307 | |
| Hodgson Russ LLP | ||||||
| The Guaranty Building | 140 Pearl St Suite 100 | Buffalo | NY | 14202 | Legal Services | $188,690 |
| ADPRO Sports LLC | ||||||
| 55 Amherst Villa Rd | Buffalo | NY | 14225 | Athletic gear | $126,007 | |
| Tarian Group LLC | ||||||
| 9530 Marketplace Rd | Suite 103 | Fort Myers | FL | 33912 | Campus safety | $102,137 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $94,595 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $2,435,395 | GovernmentGrantsAmt |
| All Other Contributions | $6,608,557 | AllOtherContributionsAmt |
| Noncash Contributions | $1,040,515 | NoncashContributionsAmt |
| Total Contributions | $9,138,547 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Tuition & Fees | 611310 | $69,115,397 | $69,115,397 | $0 | $0 |
| Sales & Svc of Auxiliary Enterprises | 611710 | $9,810,644 | $9,810,644 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $78,926,041 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $753,826 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $753,826 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $55,560,611 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $53,736,543 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,824,068 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,824,068 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,824,068 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $94,595 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $94,595 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $67,302 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,293 | TotalRevenueColumnAmt |
| Exclusion | $27,293 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Athletics & Student Activities | 900099 | $375,284 | $375,284 | $0 | $0 |
| Bookstore & Food Commissions | 900099 | $135,020 | $135,020 | $0 | $0 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,323,681 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $745,146 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $578,535 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,833,985 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $92,503,760 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $80,181,491 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $578,535 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,605,187 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,685,502 | TotalAmt |
| Program Services | $29,685,502 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,198,834 | TotalAmt |
| Program Services | $95,484 | ProgramServicesAmt |
| Management And General | $1,986,860 | ManagementAndGeneralAmt |
| Fundraising | $116,490 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,920,307 | TotalAmt |
| Program Services | $23,097,587 | ProgramServicesAmt |
| Management And General | $1,632,846 | ManagementAndGeneralAmt |
| Fundraising | $189,874 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,415,426 | TotalAmt |
| Program Services | $1,271,296 | ProgramServicesAmt |
| Management And General | $128,940 | ManagementAndGeneralAmt |
| Fundraising | $15,190 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,427,001 | TotalAmt |
| Program Services | $4,991,019 | ProgramServicesAmt |
| Management And General | $360,367 | ManagementAndGeneralAmt |
| Fundraising | $75,615 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,920,180 | TotalAmt |
| Program Services | $1,644,765 | ProgramServicesAmt |
| Management And General | $260,602 | ManagementAndGeneralAmt |
| Fundraising | $14,813 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,563 | TotalAmt |
| Management And General | $80,563 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,900 | TotalAmt |
| Management And General | $31,900 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,029 | TotalAmt |
| Management And General | $123,029 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,531,774 | TotalAmt |
| Program Services | $4,427,612 | ProgramServicesAmt |
| Management And General | $95,661 | ManagementAndGeneralAmt |
| Fundraising | $8,501 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $601,263 | TotalAmt |
| Program Services | $601,263 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,462,469 | TotalAmt |
| Program Services | $1,063,546 | ProgramServicesAmt |
| Management And General | $363,256 | ManagementAndGeneralAmt |
| Fundraising | $35,667 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,297,647 | TotalAmt |
| Program Services | $932,335 | ProgramServicesAmt |
| Management And General | $318,326 | ManagementAndGeneralAmt |
| Fundraising | $46,986 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,908 | TotalAmt |
| Program Services | $1,908 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,449,924 | TotalAmt |
| Program Services | $4,338,213 | ProgramServicesAmt |
| Management And General | $111,711 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $961,420 | TotalAmt |
| Program Services | $859,102 | ProgramServicesAmt |
| Management And General | $94,958 | ManagementAndGeneralAmt |
| Fundraising | $7,360 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,377,807 | TotalAmt |
| Program Services | $1,377,807 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,216,744 | TotalAmt |
| Program Services | $4,216,744 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $248,389 | TotalAmt |
| Program Services | $134,768 | ProgramServicesAmt |
| Management And General | $113,621 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Food Service Students | $2,473,435 | $2,473,435 | $0 | $0 |
| Library Services | $669,602 | $669,602 | $0 | $0 |
| Enrollment Services | $691,344 | $691,344 | $0 | $0 |
| Resident Assistants | $249,820 | $249,820 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,542,856 | TotalAmt |
| Program Services | $1,773,296 | ProgramServicesAmt |
| Management And General | $767,041 | ManagementAndGeneralAmt |
| Fundraising | $2,519 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,579,144 | TotalAmt |
| Program Services | $84,596,448 | ProgramServicesAmt |
| Management And General | $6,469,681 | ManagementAndGeneralAmt |
| Fundraising | $513,015 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,738,822 | BOYAmt |
| EOY | $1,253,432 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,434 | BOYAmt |
| EOY | $1,016,706 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,426,512 | BOYAmt |
| EOY | $6,218,155 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,700,596 | BOYAmt |
| EOY | $1,302,717 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $199,216 | BOYAmt |
| EOY | $127,751 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,226 | BOYAmt |
| EOY | $226,298 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $124,207,322 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $75,932,008 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,758,284 | BOYAmt |
| EOY | $48,275,314 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,993,457 | BOYAmt |
| EOY | $28,188,867 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $161,317 | BOYAmt |
| EOY | $105,597 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,222,864 | BOYAmt |
| EOY | $86,714,837 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $991,720 | BOYAmt |
| EOY | $1,314,067 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $974,757 | BOYAmt |
| EOY | $1,341,810 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,858,748 | BOYAmt |
| EOY | $27,127,229 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,000,000 | BOYAmt |
| EOY | $3,750,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,070,185 | BOYAmt |
| EOY | $2,916,336 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,895,410 | BOYAmt |
| EOY | $36,449,442 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,310,630 | BOYAmt |
| EOY | $33,146,366 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,016,824 | BOYAmt |
| EOY | $17,119,029 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,327,454 | BOYAmt |
| EOY | $50,265,395 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,222,864 | BOYAmt |
| EOY | $86,714,837 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $924,616 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $13,325 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,579,140 | BeginningYearBalanceAmt |
| Contributions | $51,135 | ContributionsAmt |
| Investment Earnings Or Losses | $1,994,087 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $151,649 | GrantsOrScholarshipsAmt |
| Other Expenditures | $50,500 | OtherExpendituresAmt |
| Administrative Expenses | $102,137 | AdministrativeExpensesAmt |
| End Year Balance | $24,320,076 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,600,545 | BeginningYearBalanceAmt |
| Contributions | $21,432 | ContributionsAmt |
| Investment Earnings Or Losses | $3,140,380 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,885 | GrantsOrScholarshipsAmt |
| Other Expenditures | $46,000 | OtherExpendituresAmt |
| Administrative Expenses | $124,332 | AdministrativeExpensesAmt |
| End Year Balance | $22,579,140 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,829,204 | BeginningYearBalanceAmt |
| Contributions | $111,570 | ContributionsAmt |
| Investment Earnings Or Losses | -$45,698 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $131,900 | GrantsOrScholarshipsAmt |
| Other Expenditures | $48,465 | OtherExpendituresAmt |
| Administrative Expenses | $114,166 | AdministrativeExpensesAmt |
| End Year Balance | $19,600,545 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,456,423 | BeginningYearBalanceAmt |
| Contributions | $93,966 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,394,611 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $141,775 | GrantsOrScholarshipsAmt |
| Other Expenditures | $44,672 | OtherExpendituresAmt |
| Administrative Expenses | $140,127 | AdministrativeExpensesAmt |
| End Year Balance | $19,829,204 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,769,561 | BeginningYearBalanceAmt |
| Contributions | $153,273 | ContributionsAmt |
| Investment Earnings Or Losses | $4,829,431 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $123,975 | GrantsOrScholarshipsAmt |
| Other Expenditures | $39,688 | OtherExpendituresAmt |
| Administrative Expenses | $132,179 | AdministrativeExpensesAmt |
| End Year Balance | $21,456,423 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.63 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.07 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.3 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,171,639 | OtherCostOrOtherBasisAmt |
| Book Value | $1,171,639 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $77,219,968 | OtherCostOrOtherBasisAmt |
| Depreciation | $38,037,338 | DepreciationAmt |
| Book Value | $39,182,630 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $361,140 | OtherCostOrOtherBasisAmt |
| Depreciation | $361,140 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $24,267,593 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,015,927 | DepreciationAmt |
| Book Value | $3,251,666 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $21,186,982 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,517,603 | DepreciationAmt |
| Book Value | $4,669,379 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $48,275,314 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Government Bonds & T Bills | $3,328,452 | F |
| Corporate Bonds | $4,618,865 | F |
| Common Stock | $17,259,162 | F |
| Money Funds | $813,644 | F |
| Alternative Investments | $2,109,817 | F |
| Other | $58,927 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $28,188,867 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Accrued Salaries Wages & Pension | $2,336,877 |
| Accrued Interest | $203,667 |
| US Gov't Advances | $270,195 |
| Operating Lease Liability | $105,597 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,916,336 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $92,584,387 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $13,325 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $13,325 | RevenueNotReportedAmt |
| Revenue Subtotal | $92,571,062 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $0 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$67,302 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$67,302 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $92,503,760 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $91,646,446 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $67,302 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $67,302 | ExpensesNotReportedAmt |
| Expenses Subtotal | $91,579,144 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $0 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $91,579,144 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 4 | Endowment funds are intended to be used for scholarships or other expenditures to further the University's mission of higher education |
| Schedule D, Part XI, Line 4b | $67,302 constitutes fundraising expenses that are included on Part VIII, Line 8b. |
| Schedule D, Part XII, Line 2d | Represents fundraising expenses shown on 990, Part VIII, line 8b. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | The policy is communicated through the website, student and employment handbooks, print ads and broadcast. |
| Schedule E, Part I, Line 6 | The University receives state aid from New York State, including: Bundy Aid, Higher Education Opportunity Grant, NYS Library Grant, NYS Dept of Labor Grant, NYSDDPC Sub-award, and NYSED Foster Youth Care Initiative. The University also receives aid from the US Government, including US Department of Education Title IV programs, Federal Title III, NASA GEO model grant and Federal CEVSS Grant |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Middle East and North Africa | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | Program Services | TypeOfActivitiesConductedTxt |
| Specific Services Provided | Seminary Fees for housing | SpecificServicesProvidedTxt |
| Region Total Expenditures | $386,053 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Spent | $386,053 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|
| Student Financial Aid | North America (including Canada and Mexico, but not the United States) | 62 | $2,554,557 | Applied to tuition | $0 | Book |
| Daemen Work Program | North America (including Canada and Mexico, but not the United States) | 17 | $78,122 | wages | $0 | book |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule F, Part I, Line 2 | Seminary fees are collected by Daemen University's Student Accounts Office and not remitted until verified and collected from the students. |
| Schedule F, Part III | Student financial aid was awarded to students attending the University in the US. The aid awarded was applied directly to outstanding student bills or paid out as wages for those eligible for the Daemen Work Program, up to a maximum of $4,800 per student per year or ($2,400 per student per term) |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Golf Outing | Event1Nm |
| Gross Receipts Event1 | $42,845 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $0 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $42,845 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $2,500 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $0 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $13,477 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $0 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $0 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $7,704 | OtherDirectExpensesEvent1Amt |
| Event2 | Scholarship Gala | Event2Nm |
| Gross Receipts Event2 | $51,750 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $0 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $51,750 | GrossRevenueEvent2Amt |
| Cash Prizes Event2 | $0 | CashPrizesEvent2Amt |
| Non Cash Prizes Event2 | $0 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $33,493 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $0 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $450 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $9,678 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $94,595 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $0 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $94,595 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $2,500 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $0 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $46,970 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $0 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $450 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $17,382 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $67,302 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $27,293 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Student Financial Aid Programs | GrantTypeTxt |
| Recipient | 1665 | RecipientCnt |
| Cash Grant | $29,685,502 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | book | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | Schedule I, Part I, Line 2 - Student Financial Aid is credited to the individual student accounts and their net balances are monitored by the Business Office. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr Gary A Olson | ||||||||||||||
| President | $491,815 | $0 | $20,000 | $0 | $30,500 | $0 | $28,392 | $0 | $16,897 | $0 | $587,604 | $0 | $0 | $0 |
| Dr Michael Brogan | ||||||||||||||
| Executive Vice President for Academic Affairs and Provost | $157,765 | $0 | $0 | $0 | $27,000 | $0 | $15,158 | $0 | $6,662 | $0 | $206,585 | $0 | $0 | $0 |
| Melaine Kenyon | ||||||||||||||
| VP of Information Technology | $120,378 | $0 | $0 | $0 | $11,560 | $0 | $10,214 | $0 | $20,113 | $0 | $162,265 | $0 | $0 | $0 |
| Mimi Steadman | ||||||||||||||
| Vice President for Strategic Initiatives | $115,255 | $0 | $0 | $0 | $13,429 | $0 | $10,742 | $0 | $16,893 | $0 | $156,319 | $0 | $0 | $0 |
| Kerry Spicer | ||||||||||||||
| Vice Pres. for Student Affairs & Dean of Students | $106,057 | $0 | $0 | $0 | $6,042 | $0 | $9,667 | $0 | $20,066 | $0 | $141,832 | $0 | $0 | $0 |
| Traci Murphy | ||||||||||||||
| Vice President for Athletics | $108,860 | $0 | $0 | $0 | $6,075 | $0 | $9,720 | $0 | $16,858 | $0 | $141,513 | $0 | $0 | $0 |
| Robert Rood | ||||||||||||||
| VP of Business Affairs | $73,114 | $0 | $0 | $0 | $13,846 | $0 | $5,648 | $0 | $251 | $0 | $92,859 | $0 | $0 | $0 |
| Mario Hicks | ||||||||||||||
| VP of Institutional Advancement | $121,461 | $0 | $0 | $0 | $2,139 | $0 | $3,423 | $0 | $374 | $0 | $127,397 | $0 | $0 | $0 |
| Tiffany Hamilton | ||||||||||||||
| VP Institutional Equity & Belonging & HEOP Director | $85,622 | $0 | $0 | $0 | $4,801 | $0 | $7,682 | $0 | $16,795 | $0 | $114,900 | $0 | $0 | $0 |
| Jacquelyn Dole | ||||||||||||||
| AVP of Business Affairs & Controller | $105,491 | $0 | $0 | $0 | $5,086 | $0 | $8,138 | $0 | $341 | $0 | $119,056 | $0 | $0 | $0 |
| Timothy Balkin | ||||||||||||||
| Vice President of Business Affairs | $82,277 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $239 | $0 | $82,516 | $0 | $0 | $0 |
| Lisa A Arida | ||||||||||||||
| AVP of Business Affairs & Cont. | $50,325 | $0 | $0 | $0 | $19,874 | $0 | $5,847 | $0 | $208 | $0 | $76,254 | $0 | $0 | $0 |
| Gregory Ford | ||||||||||||||
| Dean of the Scott Bieler College of Health Professions | $109,658 | $0 | $0 | $0 | $10,022 | $0 | $10,022 | $0 | $34,967 | $0 | $164,669 | $0 | $0 | $0 |
| Heather Maloney-Stassen | ||||||||||||||
| Founding Dean & Vice Provost | $117,976 | $0 | $0 | $0 | $6,500 | $0 | $10,400 | $0 | $16,882 | $0 | $151,758 | $0 | $0 | $0 |
| Diane Bessel Matteson | ||||||||||||||
| Associate Professor | $124,152 | $0 | $0 | $0 | $30,500 | $0 | $8,553 | $0 | $391 | $0 | $163,596 | $0 | $0 | $0 |
| Thomas Wojciechowski | ||||||||||||||
| Executive Director of Web Communications | $95,617 | $0 | $0 | $0 | $6,665 | $0 | $8,887 | $0 | $79,459 | $0 | $190,628 | $0 | $0 | $0 |
| Elizabeth Wright | ||||||||||||||
| AVP OF Academic Relations | $101,400 | $0 | $0 | $0 | $12,245 | $0 | $9,796 | $0 | $37,997 | $0 | $161,438 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a | The President of the University is provided with a residence for personal use |
| Schedule J, Part I, Line 3 | The University uses the following to establish the compensation of the organization's CEO/President: Review of the written employment contract, benchmarking with other institutions of higher education and review and approval by the Executive of the Board of Trustees. |
| Schedule J, Part I, Line 4 | An optional 457(b) plan is offered to cabinet members. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Town of Amherst Development Corporation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 222867364 | BondIssuerEIN |
| CUSIP | 03135NAR2 | CUSIPNum |
| Bond Issued | 2018-06-14 | BondIssuedDt |
| Issue Price | $30,445,732 | IssuePriceAmt |
| Purpose | See part VI | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $0 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $0 | TotalProceedsAmt |
| In Reserve Fund | $30,445,732 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $590,057 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $0 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $2,051,162 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $0 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2021 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | Yes (1) | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | Yes (1) | Form8038TFiledInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part I, Column f-06/14/2018 30,445,732 Town of Amherst Development Corporation | Purpose of the issue was to refund two prior issues. Town of Amherst IDA CUSIP#031362EH5 6/30/2006 $14,310,000 and Town of Amherst IDA CUSIP# 31362EJ1 6/30/2006 $13,485,000 as well as provide $2,000,000 for capital projects |
| Schedule K, Part IV, Line 2c-06/14/2018 30,445,732 Town of Amherst Development Corporation | Schedule K, Part IV, Line 2c-06/14/2018 30,445,732 Town of Amherst Development Corporation - Rebate computation prepared as of 6/14/2023. No rebate due. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Mark Chason | |||
| Trustee | $781,672 | Student Housing | 0 |
| Kathy-Lawley-Best | |||
| Trustee | $53,445 | Insurance | 0 |
| Steven Zenger | |||
| Trustee | $27,510 | Printing &" Bulk Mail Service | 0 |
| Candice Johnson | |||
| Trustee | $182,880 | Cytotechnology program | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part I, Line 1 | FormAndLineReferenceDesc |
| Explanation | 1) The University leases student housing from Mark Chason's business. This business relationship existed prior to the individual becoming a trustee. The lease space is of a unique nature and there are no other vendors who could provide the services/space needed.2) The University brokers its insurance through Lawley Insurance, of which Kathy Lawley-Best is head of corporate relations. 3) The University utilizes the services of the Zenger Group where Steven Zenger is the president & CEO. 4) The University partners with Roswell Park Cancer for their a cyto-technology teaching program. Candace Johnson is the president and CEO of Roswell Park | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,040,515 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Fair Market Value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | 8 Spaces in Dorm | 8 | $58,328 | Fair Market value |
| Yes (X) | Design Services | 1 | $7,500 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I, Line 32b | FormAndLineReferenceDesc |
| Explanation | The University uses an investment broker to sell donated stocks if they do not align with their investment policies. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, Line 11b | The Board of Trustees will ratify the Form 990 at the quarterly board meeting. The Form 990 is reviewed by the audit firm after preparation and available in the office of Business Affairs for review upon request. |
| Form 990, Part VI, Section B, Line 12c | The written conflict of interest policy covers employees and trustees. Officers ensure that all of their employees required to submit a conflict of interest policy do so. |
| Form 990, Part VI, Section B, Line 15 | The University President's compensation is reviewed and approved by the Executive Committee of the Board of Trustees and documented in the minutes. Compensation for members of the University's cabinet are reviewed in comparison with CUPA and Bureau of Labor statistics for benchmarking. |
| Form 990, Part VI, Section C, Line 19 | Copies of the Governing Documents, the Conflict of Interest Policy and the Financial Statements are made available upon request. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Daemen University Physical Therapy Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4380 Main Street | AddressLine1Txt |
| City | Amherst | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14226 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462438676 | EIN |
| Primary Activities | Physical therapy clinic | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 9 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 4380 Main Street Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4380 Main Street | AddressLine1Txt |
| City | Amherst | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14226 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161003033 | EIN |
| Primary Activities | Liquor License | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Ownership | 1 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| 4380 Main Street Inc | ||
| r | $53 | cash |
| Daemen University Physical Therapy Inc | ||
| d | $12,098 | cash value |