2013-05-15T11:11:22-07:00 2012-06-30 990 2011-07-01 131740447 COLLEGE OF NEW ROCHELLE COLL 9146545000 29 Castle Place New Rochelle NY 10805 KEITH BORGE 9146545552 2013-05-15 2011 2016-02-24 21:20:13Z Judith Huntington 29 Castle Place New Rochelle NY 10805 76892063 0 X www.cnr.edu X 1904 NY 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. 21 20 1536 0 0 0 3517765 8103512 63334450 63171748 1461035 589948 872430 0 69185680 71865208 9933193 10842131 0 0 36817129 37606364 0 0 3110379 22783032 24134493 69533354 72582988 -347674 -717780 116635131 115210659 82874760 84747458 33760371 30463201 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. 0 0 49092125 10842131 61376723 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. 4402016 0 5183135 Room and Board for students residing on the New Rochelle campus and general fee for all students 0 0 0 a 0 0 0 53494141 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 56 0 1 1536 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X The College of New Rochelle 9146545000 29 Castle Place New Rochelle NY 10805 Michael Ambler 1 X 0 0 0 Tyronne Davis 1 X 0 0 0 Kathleen Finnerty 1 X 0 0 0 Joan Freilich 1 X 0 0 0 Hugh Johnston 1 X 0 0 0 Judith Kenny 1 X 0 0 0 Elizabeth LeVaca 1 X 0 0 0 John Nicholson 1 X 0 0 0 Leo O'Donovan 1 X 0 0 0 Ann Peterson 1 X 0 0 0 Christianne Ricchi 1 X 0 0 0 Kevin Service 1 X 0 0 0 Saddie Smith 1 X 0 0 0 Diana Stano 1 X 0 0 0 Anne Vitale 1 X 0 0 0 Marcelle Willock 1 X 0 0 0 Stephanie Wilson 1 X 0 0 0 Rosa K Barksdale 1 X 0 0 0 Lillian Brennan Carney 1 X 0 0 0 Karen Helfenstein 1 X 0 0 0 Regina Kehoe 1 X 0 0 0 Jane Scully Reichle 1 X 0 0 0 Joan Woodcome 1 X 0 0 0 Keith Borge 40 X 213611 0 691 Judith Huntington 40 X 307463 0 19259 Ellen Curry Damato 40 X 246482 0 14159 Dorothy Escribano 40 X 237247 0 9209 Brenna Mayer 40 X 202155 0 14159 Joan Bailey 40 X 192992 0 9204 Ellen Lockamy 40 X 142314 0 14159 Collette Geary 40 X 201296 0 0 Elza Dinwiddie Boyd 40 X 148722 0 691 Stephen Sweeny 1 X 421521 0 0 2313803 0 81531 10 1 1 0 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 9 0 0 0 0 1417543 6685969 2539500 8103512 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 0 0 0 0 63171748 369749 0 0 369749 121710 0 0 121710 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5125344 0 5026855 0 98489 0 98489 0 0 98489 0 0 0 0 0 0 71865208 63171748 0 589948 0 0 10842131 10842131 767556 767556 0 30213956 25806002 3499634 908320 1044996 870428 143931 30637 3384001 2818698 466090 99213 2195855 1829034 302443 64378 0 219664 219664 160000 160000 22518 22518 148000 148000 2598228 2156529 441699 6306940 2849305 3035147 422488 2375636 593909 1187818 593909 0 5274356 2382812 2538227 353317 2134106 1777600 293938 62568 2424919 2014755 307328 102836 582568 582568 Food Service 1709467 1709467 0 0 Telephone 147077 0 147077 0 Postage & Shipping 31014 0 0 31014 72582988 53494141 15978468 3110379 0 0 321948 212375 10352915 10631915 4414532 4432074 0 0 0 0 4533484 4640600 39556 40521 666006 445369 126969203 64279287 63562505 62689916 23260387 21177499 9483798 10940390 116635131 115210659 5689049 5713254 0 0 511080 1136936 59911250 58539167 0 0 0 10400000 10500000 6363381 8858101 82874760 84747458 X 23207510 20467497 5806372 5278396 4746489 4717308 33760371 30463201 116635131 115210659 X -717780 -2579390 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 0 1 31916 0 0 0 31916 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 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. 23260387 7050 -1683202 258736 0 148000 21177499 19539540 165983 4009935 317071 0 138000 23260387 17934845 162950 1931187 286623 93490 109329 19539540 21585410 7380 -2842727 367326 353572 94320 17934845 0.81 0.19 0 0 0 0 258703 258703 0 98269758 39851048 58418710 0 0 0 0 0 28242487 24428239 3814248 0 198255 0 198255 62689916 Insurance policies held 324280 Other accounts receivables - gifts, bequests, etc 3058107 Deposits with bond trustees 2732235 Bond discount & cost of issuance 1003815 Investments 3821953 10940390 136914 Interest Rate Swap Agreement 5744129 Federal income taxes 136914 US Government Grants Refundable 2840144 8858101 71865208 72582988 -717780 -203511 0 0 0 -2412110 -2615621 -3333401 60819566 -203511 0 0 0 -203511 61023077 0 10842131 10842131 71865208 61740857 0 0 0 0 0 61740857 0 10842131 10842131 72582988 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 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 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. 1 (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 3200 10842131 0 Financial aid award letter SchI_P01_S00_L02 Schedule I, Part I, Line 2 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. X X 1 1 X 0 0 0 0 0 0 0 0 0 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 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a 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. Dormitory Authority of the State of New York College of New Rochelle 131740447 6499032G5 2008-08-06 40000000 Defease NYCIDA 1995 and 1997 and replace construction loan 0 0 0 0 9927463 40000000 0 0 0 1115349 0 2219633 28960832 0 0 2009 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 RBS Citizens Bank 10 0 0 0 0 0 Castle Oil Owned by Trustee 134866 The purchase of Heating oil 0 X 75 photos 1 2539500 Appraisal 1 0 1 0 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 The Collewge of New Rochelle filed for an extention with the IRS and it was granted