COLLEGE OF NEW ROCHELLE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- COLLEGE OF NEW ROCHELLE (EIN 13-1740447)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-15
- IRS object ID
- 201341359349303714
- Schema version
- 2011v1.2
- 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 I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T11:11:22-07:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131740447 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEGE OF NEW ROCHELLE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COLL | NameControl |
| Phone | 9146545000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 Castle Place | AddressLine1 |
| City | New Rochelle | City |
| State | NY | State |
| ZIP Code | 10805 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEITH BORGE | Name |
| Title | VP Financial Affairs | Title |
| Phone | 9146545552 | Phone |
| Date Signed | 2013-05-15 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Judith Huntington | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 Castle Place | AddressLine1 |
| City | New Rochelle | City |
| State | NY | State |
| ZIP Code | 10805 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 76892063 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.cnr.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1904 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | The College of New Rochelle's mission is to provide access to education. It currently educates more than 4,200 students annually by providing undergraduate and graduate education. The College has four schools, School of Arts & Sciences, School of Nursing, and the School of New Resources at the undergraduate level and the Graduate School. The College also provides room and board facilities for those students residing on campus. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1536 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3517765 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 8103512 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 63334450 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 63171748 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1461035 | InvestmentIncomePriorYear |
| Investment Income Current Year | 589948 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 872430 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 69185680 | TotalRevenuePriorYear |
| Total Revenue Current Year | 71865208 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 9933193 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 10842131 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 36817129 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 37606364 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 3110379 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 22783032 | OtherExpensePriorYear |
| Other Expenses Current Year | 24134493 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 69533354 | TotalExpensesPriorYear |
| Total Expenses Current Year | 72582988 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -347674 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -717780 | RevenuesLessExpensesCY |
| Total Assets BOY | 116635131 | TotalAssetsBOY |
| Total Assets EOY | 115210659 | TotalAssetsEOY |
| Total Liabilities BOY | 82874760 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 84747458 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 33760371 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 30463201 | NetAssetsOrFundBalancesEOY |
| Mission Description | The College of New Rochelle derives its dedication to the education of women and men in the liberal arts and in professional studeies. Building on its original committmment to women, the College also reaches out to those who have not previously had access to higher education; it places particular emphasis on the concept of life long learning. The College is committed to a respect and concern for each individual. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 49092125 | Expense |
| Grants | 10842131 | Grants |
| Revenue | 61376723 | Revenue |
| Description | Higher Education: The College of New Rochelle provides undergraduate and graduate education attending Scool of Arts & Science, School of Nursing and School of New Resources and graduate School. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4402016 | Expense |
| Grants | 0 | Grants |
| Revenue | 5183135 | Revenue |
| Description | Room and Board for students residing on the New Rochelle campus and general fee for all students | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 0 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | a | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 53494141 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 56 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1536 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The College of New Rochelle | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9146545000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 Castle Place | AddressLine1 |
| City | New Rochelle | City |
| State | NY | State |
| ZIP Code | 10805 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (33 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Institutional TrusteeInstitutionalTrustee | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Michael Ambler | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Tyronne Davis | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Kathleen Finnerty | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Joan Freilich | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Hugh Johnston | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Judith Kenny | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Elizabeth LeVaca | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| John Nicholson | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Leo O'Donovan | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Ann Peterson | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Christianne Ricchi | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Kevin Service | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Saddie Smith | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Diana Stano | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Anne Vitale | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Marcelle Willock | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Stephanie Wilson | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Rosa K Barksdale | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Lillian Brennan Carney | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Karen Helfenstein | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Regina Kehoe | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Jane Scully Reichle | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Joan Woodcome | |||||||||
| Trustee | 1 | X | 0 | 0 | 0 | ||||
| Keith Borge | |||||||||
| Vice President | 40 | 213611 | 0 | 691 | X | ||||
| Judith Huntington | |||||||||
| President | 40 | 307463 | 0 | 19259 | X | ||||
| Ellen Curry Damato | |||||||||
| Executive Vice President | 40 | 246482 | 0 | 14159 | X | ||||
| Dorothy Escribano | |||||||||
| Vice President | 40 | 237247 | 0 | 9209 | X | ||||
| Brenna Mayer | |||||||||
| Vice President | 40 | 202155 | 0 | 14159 | X | ||||
| Joan Bailey | |||||||||
| Vice President | 40 | 192992 | 0 | 9204 | X | ||||
| Ellen Lockamy | |||||||||
| Associate Vice President | 40 | 142314 | 0 | 14159 | X | ||||
| Collette Geary | |||||||||
| Vice President Student Services | 40 | 201296 | 0 | 0 | X | ||||
| Elza Dinwiddie Boyd | |||||||||
| Dean | 40 | 148722 | 0 | 691 | X | ||||
| Stephen Sweeny | |||||||||
| President Emeritus | 1 | 421521 | 0 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2313803 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 81531 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Sodexo Inc Affiliates | |||||
| PO Box 81049 | Woburn | MA | 01813 | college food and catering services | 2481110 |
| DB Systems Corp | |||||
| 34 South Broadway | White Plains | NY | 10601 | computer database services | 2155397 |
| Waldorf Risk Associates | |||||
| PO Box 590 | Huntington | NY | 11743 | insurance broker | 599904 |
| Paskill Stapleton and Lord | |||||
| One Roberts Avenue | Glennside | PA | 19038 | enrollment management | 424333 |
| Thompson and Bender LLC | |||||
| 1192 Pleasantville Road | Briarcliff Manor | NY | 10510 | advertising services | 267981 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 0 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 1417543 | GovernmentGrants |
| All Other Contributions | 6685969 | AllOtherContributions |
| Noncash Contributions | 2539500 | NoncashContributions |
| Total Contributions | 8103512 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Tuition and Fees | 611310 | 57440304 | 57440304 | 0 | $0 |
| Romm and Board | 611310 | 2722916 | 2722916 | 0 | $0 |
| General Fees | 611310 | 2744114 | 2744114 | 0 | $0 |
| Other Auxiliary | 611310 | 264414 | 264414 | 0 | $0 |
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 | 63171748 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 369749 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $369,749 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 121710 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $121,710 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| 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 |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| 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 |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5125344 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5026855 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 98489 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 98489 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $98,489 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 0 | CntrbtnsRprtdFundraisingEvents |
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 | 71865208 | TotalRevenueColumn |
| Related Or Exempt Function Income | 63171748 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $589,948 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10842131 | Total |
| Program Services | 10842131 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 767556 | Total |
| Management And General | 767556 | ManagementAndGeneral |
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 | 30213956 | Total |
| Program Services | 25806002 | ProgramServices |
| Management And General | 3499634 | ManagementAndGeneral |
| Fundraising | 908320 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1044996 | Total |
| Program Services | 870428 | ProgramServices |
| Management And General | 143931 | ManagementAndGeneral |
| Fundraising | 30637 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3384001 | Total |
| Program Services | 2818698 | ProgramServices |
| Management And General | 466090 | ManagementAndGeneral |
| Fundraising | 99213 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2195855 | Total |
| Program Services | 1829034 | ProgramServices |
| Management And General | 302443 | ManagementAndGeneral |
| Fundraising | 64378 | 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 | 219664 | Total |
| Management And General | 219664 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160000 | Total |
| Management And General | 160000 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22518 | Total |
| Management And General | 22518 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 148000 | Total |
| Management And General | 148000 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2598228 | Total |
| Management And General | 2156529 | ManagementAndGeneral |
| Fundraising | 441699 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6306940 | Total |
| Program Services | 2849305 | ProgramServices |
| Management And General | 3035147 | ManagementAndGeneral |
| Fundraising | 422488 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2375636 | Total |
| Program Services | 593909 | ProgramServices |
| Management And General | 1187818 | ManagementAndGeneral |
| Fundraising | 593909 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5274356 | Total |
| Program Services | 2382812 | ProgramServices |
| Management And General | 2538227 | ManagementAndGeneral |
| Fundraising | 353317 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2134106 | Total |
| Program Services | 1777600 | ProgramServices |
| Management And General | 293938 | ManagementAndGeneral |
| Fundraising | 62568 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2424919 | Total |
| Program Services | 2014755 | ProgramServices |
| Management And General | 307328 | ManagementAndGeneral |
| Fundraising | 102836 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 582568 | Total |
| Management And General | 582568 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Food Service | 1709467 | 1709467 | 0 | 0 |
| Telephone | 147077 | 0 | 147077 | 0 |
| Postage & Shipping | 31014 | 0 | 0 | 31014 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72582988 | Total |
| Program Services | 53494141 | ProgramServices |
| Management And General | 15978468 | ManagementAndGeneral |
| Fundraising | 3110379 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 321948 | BOY |
| EOY | 212375 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10352915 | BOY |
| EOY | 10631915 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4414532 | BOY |
| EOY | 4432074 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4533484 | BOY |
| EOY | 4640600 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39556 | BOY |
| EOY | 40521 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 666006 | BOY |
| EOY | 445369 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 126969203 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 64279287 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63562505 | BOY |
| EOY | 62689916 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23260387 | BOY |
| EOY | 21177499 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9483798 | BOY |
| EOY | 10940390 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 116635131 | BOY |
| EOY | 115210659 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5689049 | BOY |
| EOY | 5713254 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 511080 | BOY |
| EOY | 1136936 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59911250 | BOY |
| EOY | 58539167 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10400000 | BOY |
| EOY | 10500000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6363381 | BOY |
| EOY | 8858101 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82874760 | BOY |
| EOY | 84747458 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23207510 | BOY |
| EOY | 20467497 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5806372 | BOY |
| EOY | 5278396 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4746489 | BOY |
| EOY | 4717308 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33760371 | BOY |
| EOY | 30463201 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 116635131 | BOY |
| EOY | 115210659 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -717780 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2579390 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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 | 1 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 1 | GrantsOtherOrganizations |
| Grants Other Organizations | $31,916 | GrantsOtherOrganizationsAmount |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 31916 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchC_P2B_S00_L01 | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | Schedule C, Part II - B, Line 1 - The College of New Rochelle participates and pays annual dues as a member of the Commission of Independent Colleges and Universities ( New York State) and the National Association of Independent Colleges and Universities. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23260387 | BeginningOfYearBalance |
| Contributions | 7050 | Contributions |
| Investment Earnings Or Losses | -1683202 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 258736 | GrantsOrScholarships |
| Other Expenditures | 0 | OtherExpenditures |
| Administrative Expenses | 148000 | AdministrativeExpenses |
| End Of Year Balance | 21177499 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19539540 | BeginningOfYearBalance |
| Contributions | 165983 | Contributions |
| Investment Earnings Or Losses | 4009935 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 317071 | GrantsOrScholarships |
| Other Expenditures | 0 | OtherExpenditures |
| Administrative Expenses | 138000 | AdministrativeExpenses |
| End Of Year Balance | 23260387 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17934845 | BeginningOfYearBalance |
| Contributions | 162950 | Contributions |
| Investment Earnings Or Losses | 1931187 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 286623 | GrantsOrScholarships |
| Other Expenditures | 93490 | OtherExpenditures |
| Administrative Expenses | 109329 | AdministrativeExpenses |
| End Of Year Balance | 19539540 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21585410 | BeginningOfYearBalance |
| Contributions | 7380 | Contributions |
| Investment Earnings Or Losses | -2842727 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 367326 | GrantsOrScholarships |
| Other Expenditures | 353572 | OtherExpenditures |
| Administrative Expenses | 94320 | AdministrativeExpenses |
| End Of Year Balance | 17934845 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.81 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.19 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 258703 | OtherCostOrOtherBasis |
| Book Value | 258703 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 98269758 | OtherCostOrOtherBasis |
| Depreciation | 39851048 | Depreciation |
| Book Value | 58418710 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 28242487 | OtherCostOrOtherBasis |
| Depreciation | 24428239 | Depreciation |
| Book Value | 3814248 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 198255 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 198255 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 62689916 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Insurance policies held | 324280 |
| Other accounts receivables - gifts, bequests, etc | 3058107 |
| Deposits with bond trustees | 2732235 |
| Bond discount & cost of issuance | 1003815 |
| Investments | 3821953 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 10940390 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 136914 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Interest Rate Swap Agreement | $5,744,129 |
| Federal income taxes | $136,914 |
| US Government Grants Refundable | $2,840,144 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 8858101 | TotalOfAmounts |
| Total Revenue | 71865208 | TotalRevenue |
| Total Expenses | 72582988 | TotalExpenses |
| Excess Or Deficit For Year | -717780 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -203511 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 0 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | -$2,412,110 | OtherAmount |
| Total Adjustments | -2615621 | TotalAdjustments |
| Excess Or Deficit Per FS | -3333401 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 60819566 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -203511 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | -203511 | RevenueNotRptdF990 |
| Revenue Subtotal | 61023077 | RevenueSubtotal |
| Investment Expenses Not Included | 0 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 10842131 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 10842131 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 71865208 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 61740857 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 61740857 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 0 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 10842131 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 10842131 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 72582988 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | Schedule D, Part V, Line 4 - The College of New Rochelle's Endowment Funds are held for long-term growth. Income generated from the Endowment Fund (interest and dividends) are used to fund scholarships for students. |
| SchD_P10_S00_L02 | Schedule D, Part X, Line 2 | Schedule D, Part X, Line 2- The College of New Rochelle follows ASU No 2009-06 in conjunction with FASB interpretation No 48. The college recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. The College believes it has taken no significant uncertain tax positions. |
| SchD_P11_S00_L08 | Schedule D, Part XI, Line 8 | Schedule D Part XIV Value change in Swap agreement 2,236,876 Net Periodic Benefit cost 139,000 |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | Financial Aid |
| SchD_P13_S00_L04b | Schedule D, Part XIII, Line 4b | Scholarships and Grants |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchE_P01_S00_L03 | Schedule E, Part I, Line 3 | The college of New Rochelle publicize its racial non-discriminatory policy through newspaper advertisement and various forms of media as well as during periods of registration |
| SchE_P01_S00_L06 | Schedule E, Part I, Line 6 | Schedule E, Part 1, Line 6 - The College of New Rochelle particiapates in the federal financial aid programs of the US Department of Education and New York State TAP. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | (1) see schedule I, Part IV, Statement 1 Unfunded scholarships and grants as well as recented scholarships and grants ( need and non need based ) provided to the students in the four schools of the College | TypeOfGrant |
| Number Of Recipients | 3200 | NumberOfRecipients |
| Amount Of Cash Grant | 10842131 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | Financial aid award letter | MethodOfValuation |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchI_P01_S00_L02 | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | The students of The College of New Rochelle participate in the financial aid programs both the US Department of Education and New York State TAP. During 2011-2012 more than 3000 students received financial aid through PELL and Direct Loans. Students also participated in the SEOG and Perkins Loans as well as NYS TAP. The Financial Aid Office constantly monitors for program compliance. | 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 | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stephen Sweeny | |||||||||||||
| 421521 | 0 | 0 | 0 | 0 | 0 | 7246 | 0 | 0 | 0 | 428767 | 0 | 0 | 0 |
| Keith Borge | |||||||||||||
| 213611 | 0 | 0 | 0 | 0 | 0 | 5513 | 0 | 691 | 0 | 219815 | 0 | 0 | 0 |
| Judith Huntington | |||||||||||||
| 307463 | 0 | 0 | 0 | 0 | 0 | 8450 | 0 | 19259 | 0 | 335172 | 0 | 0 | 0 |
| Dorothy Escribano | |||||||||||||
| 237247 | 0 | 0 | 0 | 0 | 0 | 6192 | 0 | 9209 | 0 | 252648 | 0 | 0 | 0 |
| Ellen Curry Damato | |||||||||||||
| 246482 | 0 | 0 | 0 | 0 | 0 | 6365 | 0 | 14159 | 0 | 267006 | 0 | 0 | 0 |
| Brenna Mayer | |||||||||||||
| 202155 | 0 | 0 | 0 | 0 | 0 | 5325 | 0 | 14159 | 0 | 221639 | 0 | 0 | 0 |
| Joan Bailey | |||||||||||||
| 192992 | 0 | 0 | 0 | 0 | 0 | 4824 | 0 | 9204 | 0 | 207020 | 0 | 0 | |
| Ellen Lockamy | |||||||||||||
| 142314 | 0 | 0 | 0 | 0 | 0 | 3701 | 0 | 14159 | 0 | 160174 | 0 | 0 | 0 |
| Collette Geary | |||||||||||||
| 201296 | 0 | 0 | 0 | 0 | 0 | 5250 | 0 | 0 | 0 | 206546 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchJ_P01_S00_L01a | Identifier |
| Return Reference | Schedule J, Part I, Line 1a | ReturnReference |
| Explanation | Schedule J, Part1, Line 1a - The College of New Rochelle proivdes on campus housing for two employees; the President and the Vice Presifdent for Mission and Identity. This on campus housing is required as part of the individuals job description and is for the convenience of the College. Club dues are proivded to the President for use when conducting business on behalf of the College. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dormitory Authority of the State of New York | BusinessNameLine1 |
| Business Name Line2 | College of New Rochelle | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 131740447 | IssuerEIN |
| CUSIP Number | 6499032G5 | CUSIPNumber |
| Date Issued | 2008-08-06 | DateIssued |
| Issue Price | 40000000 | IssuePrice |
| Description Of Purpose | Defease NYCIDA 1995 and 1997 and replace construction loan | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 9927463 | AmountBondDefeased |
| Total Proceeds | 40000000 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 1115349 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 2219633 | WorkingCapitalExpenditures |
| Capital Expenditures | 28960832 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2009 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 1 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 1 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RBS Citizens Bank | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 10 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
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 | Castle Oil | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Owned by Trustee | Relationship |
| Amount Of Transaction | 134866 | AmountOfTransaction |
| Description Of Transaction | The purchase of Heating oil | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | 75 photos | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2539500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 1 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | Form 990, Part VI Line 11B- A draft copy of the Form 990 will be reviewed by the Audit Committee of the Board of Trustees. Any questions will be address by the administration and our auditors. A copy of mthe Form 990 will be proivded to all Board of Trustee members prior to filing |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | Form 990, Part VI, Section B, Line 12c - Conflict of interest statements are completed annually by the Board of Trustees and are reviewed annually by the College's attorney |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | Form 990, Part VI, Section B, Line 15 - The compensation of officers and key employees is reviewed and compared to comparable compensation data for similar institutions using national administrative compensation surveys. The Chair of the Board of Trustees in conjunction with the Compensation Committee of the Board review the compensation data. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | Form 990, Part VI, Section C, Line 19 - These documents are distributed upon request. |
| F990_P11_S00_L05 | Form 990, Part XI, Line 5 | Schedule O Change in value of interest swap agreement |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | The Collewge of New Rochelle filed for an extention with the IRS and it was granted | Explanation |
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