2012-04-03T06:11:01-05:00 2011-05-31 BONADIO & CO LLP 171 SULLYS TRAIL SUITE 201 PITTSFORD NE 14534 990 2010-06-01 160746864 ST JOHN FISHER COLLEGE STJO 5853858000 3690 EAST AVENUE ROCHESTER NY 14618 THOMAS O'NEIL 5853858000 2012-03-29 1 JEAN CLOSE 5853811000 2010 2016-02-24 21:20:13Z DR DONALD E BAIN 3690 EAST AVENUE ROCHESTER NY 14618 123318955 0 X WWW.SJFC.EDU X 1948 NY ST. JOHN FISHER COLLEGE IS A COLLABORATIVE COMMUNITY DEDICATED TO TEACHING AND LEARNING IN A PERSONALIZED EDUCATIONAL ENVIRONMENT. THE COLLEGE IS GUIDED BY ITS CATHOLIC HERITAGE, AS EXPRESSED IN THE MOTTO OF ITS FOUNDERS, THE BASILIAN FATHERS: "TEACH ME GOODNESS, DISCIPLINE, AND KNOWLEDGE." THROUGH AN EDUCATION ROOTED IN THE LIBERAL ARTS, WE PREPARE INDIVIDUALS FOR LIVES OF INTELLECTUAL, PROFESSIONAL, AND CIVIC INTEGRITY, IN WHICH DIVERSITY AND SERVICE TO OTHERS ARE VALUED AND PRACTICED. 36 34 1843 0 1100337 -86035 6152311 4711023 96713956 103895633 1262798 2323492 835502 821202 104964567 111751350 24188732 26199022 0 0 44033390 46759965 0 0 2266179 28372724 29591410 96594846 102550397 8369721 9200953 185988201 205127527 70261323 73846915 115726878 131280612 X ST. JOHN FISHER COLLEGE IS A COLLABORATIVE COMMUNITY DEDICATED TO TEACHING AND LEARNING IN A PERSONALIZED EDUCATIONAL ENVIRONMENT. THE COLLEGE IS GUIDED BY ITS CATHOLIC HERITAGE, AS EXPRESSED IN THE MOTTO OF ITS FOUNDERS, THE BASILIAN FATHERS: "TEACH ME GOODNESS, DISCIPLINE, AND KNOWLEDGE." THROUGH AN EDUCATION ROOTED IN THE LIBERAL ARTS, WE PREPARE INDIVIDUALS FOR LIVES OF INTELLECTUAL, PROFESSIONAL, AND CIVIC INTEGRITY, IN WHICH DIVERSITY AND SERVICE TO OTHERS ARE VALUED AND PRACTICED. 0 0 44229546 26199022 87999507 INSTRUCTION: TO GIVE INSTRUCTION IN LIBERAL ARTS COURSES LEADING TO THE DEGREES OF BA, BS, BBA, MASTER SCIENCE, MBA, AND PHARM D. 7855184 INSTITUTIONAL SUPPORT: TO SUPPORT THE INSTRUCTION FUNCTION. 9110162 14672806 AUXILIARY ENTERPRISES: TO SUPPORT THE INSTRUCTION FUNCTION. 4459102 ACADEMIC SUPPORT: TO SUPPORT THE INSTRUCTION FUNCTION. 6645002 808338 STUDENT SERVICES: TO SUPPORT THE INSTRUCTION FUNCTION. 11104104 808338 72298996 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 0 0 0 1 5493 0 1 1843 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 36 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X MR THOMAS O'NEIL 5853858000 3690 EAST AVENUE ROCHESTER NY 14618 DONALD E BAIN 35.00 X X 305331 0 28062 JOSE J CORONAS 1.00 X 0 0 0 MARTIN MUCCI 1.00 X X 0 0 0 DONALD E JEFFRIES 1.00 X 0 0 0 RONALD D BILLITIER 1.00 X 0 0 0 MARTIN L KEATING 1.00 X 0 0 0 MARTIN K BIRMINGHAM 1.00 X 0 0 0 THOMAS G BOWLES 1.00 X 0 0 0 R WAYNE LECHASE 1.00 X 0 0 0 RUSSELL H BRANDON 1.00 X 0 0 0 CHARLES A CONSTANTINO 1.00 X 0 0 0 DANIEL N MAXWELL 1.00 X 0 0 0 REV ALBERT CYLWICKI CSB 1.00 X 0 0 0 JOHN A PALVINO 1.00 X 0 0 0 MARY V PIEHLER 1.00 X 0 0 0 JOHN A DEPETERS 1.00 X 0 0 0 RONALD A PLUTA 1.00 X 0 0 0 M KEVIN DUGAN 1.00 X 0 0 0 WANDA POLISSENI 1.00 X 0 0 0 C MCCOLLISTER EVARTS MD 1.00 X 0 0 0 JOSEPH R RULISON 1.00 X 0 0 0 MICHAEL C GOONAN 1.00 X X 0 0 0 JAMES P GROWNEY 1.00 X 0 0 0 KEVIN N HILL 1.00 X 0 0 0 WILLIAM M HUGHES 1.00 X 0 0 0 DEBORAH WILSON 1.00 X 0 0 0 ROBERT W HURLBUT 1.00 X 0 0 0 PHILIP H YAWMAN 1.00 X 0 0 0 VICTOR E SALERNO 1.00 X 0 0 0 CHRISTOPHER C BOOTH 1.00 X 0 0 0 CAROL ANTHONY DAVIDSON 1.00 X 0 0 0 RONALD E HERMANCE 1.00 X 0 0 0 PAUL H HEWITT 1.00 X 0 0 0 BETTY MULLIN-DIPROSA 1.00 X 0 0 0 DIANA L NOLE 1.00 X 0 0 0 FERDINAND J SMITH 1.00 X 0 0 0 RONALD J AMBROSETTI 35.00 X 196988 0 16115 THOMAS O'NEIL 35.00 X 181280 0 15184 WILLIAM O'CONNOR 35.00 X 198509 0 24392 GERARD ROONEY 35.00 X 192815 0 60280 RICHARD DEJESUS-RUEFF 35.00 X 131680 0 18655 SWIGART SCOTT 35.00 X 226053 0 28460 DIANNE C MINER 35.00 X 151532 0 19443 JASON J BERMAN 35.00 X 181920 0 21395 MARY COLLINS 35.00 X 146141 0 10962 SELIM ILTER 35.00 X 144444 0 18820 WENDY PATERSON 35.00 X 144913 0 811 ARTHUR WALTON 35.00 X 177062 0 12524 2378668 0 275103 40 0 1 0 LECHASE CONSTRUCTION SERVICES 300 TROLLEY BLVD ROCHESTER NY 14606 CONSTRUCTION SERVICES 1851265 NIXON PEABODY LLP PO BOX 31051 ROCHESTER NY 14603 ATTORNEYS 331656 2 131192 2236572 2343259 148251 4711023 TUITION & FEES 611600 102672313 102672313 BUFFALO BILLS CAMP 900099 467355 467355 CHILD CARE 624410 402560 279577 122983 FACILITIES RENTAL 532000 320318 320318 GOLF COURSE 900099 27528 27528 5559 5559 103895633 1320232 1320232 12329753 11326493 1003260 1003260 1003260 253976 131192 241112 12864 12864 MISCELLANEOUS 900099 338039 338039 RESEARCH AND CONTRACT 611600 146934 146934 PARKING PERMITS/TICKET 611600 139650 139650 183715 183715 808338 111751350 103480651 1100337 2459339 26199022 26199022 1823531 1026872 383576 413083 34389710 21058354 12619457 711899 2166511 1325389 798039 43083 5459615 3331399 1981100 147116 2920598 1781565 1051415 87618 451218 451218 77520 77520 225612 112806 108294 4512 1111133 677791 400008 33334 1206744 736114 434428 36202 2812651 1642139 1089751 80761 1274895 777686 458962 38247 2092740 1276571 753386 62783 1329371 810916 478574 39881 586328 357660 211078 17590 2084780 1271716 750521 62543 6860998 4185209 2469959 205830 464397 283282 167183 13932 FOOD SERVICE 4758101 2902442 1712916 142743 REPAIRS AND MAINTENANCE 1196094 729617 430594 35883 SPECIAL PROGRAMS 728512 444392 262264 21856 AMORTIZATION AND ACCRET 686175 418567 247023 20585 MISCELLANEOUS 674918 411700 242970 20248 969223 537787 404986 26450 102550397 72298996 27985222 2266179 19469692 20098395 4890306 4618156 4760268 6181350 3507197 3376091 2754979 3027249 184828094 79356193 101184975 105471901 42953803 54472066 6466981 7882319 185988201 205127527 10850643 11467305 5692054 7597597 354257 47813198 50147797 5551171 4634216 70261323 73846915 X 100261292 107745704 4280485 11861600 11185101 11673308 115726878 131280612 185988201 205127527 X 9200953 6352781 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 0 1 42061120 1016466 8350299 48455 51379430 36842822 779927 5990451 1552080 42061120 44236101 2833083 -9466119 760243 36842822 0.61000 0.23000 0.16000 1 0 4689327 4689327 122114888 42103433 80011455 6398925 1986060 4412865 39460483 29219939 10240544 12164471 6046761 6117710 105471901 US GOVERNMENT GRANTS REFUNDABLE 3547064 LIABILITY UNDER FIN 47 1087152 4634216 PART III, LINE 1A: COLLECTION ITEMS IN THE COLLEGE'S ART COLLECTION ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE AND ARE NOT CAPITALIZED. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. ALL PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. PART III, LINE 4: COLLECTION ITEMS IN THE COLLEGE'S ART COLLECTION ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE AND ARE NOT CAPITALIZED. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. ALL PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. PART IV, LINE 1B: THE COLLEGE HOLDS VARIOUS FUNDS FOR STUDENT ORGANIZATIONS AT THE COLLEGE. PART IV, LINE 2B: THE COLLEGE HOLDS VARIOUS FUNDS FOR STUDENT ORGANIZATIONS AT THE COLLEGE. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE COLLEGE'S INTENDED USE FOR THEIR ENDOWMENT FUNDS IS THE PROVIDE INCOME FOR THE COLLEGE'S OPERATING EXPENSES, INCLUDING SCHOLARSHIPS AND GRANTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE HAS BEEN RECOGNIZED BY THE IRS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COLLEGE HAS ALSO BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. ST. JOHN FISHER REAL ESTATE LLC IS A SINGLE MEMBER LIMITED LIABILITY CORPORATION AND IS A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES. FOR THIS REASON IT IS VIEWED AS A DIVISION OF THE COLLEGE AND RELIES ON THE COLLEGES TAX EXEMPT STATUS. FOR TAX-EXEMPT ENTITIES, THEIR TAX-EXEMPT STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, SINCE EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. AS OF MAY 31, 2011 AND 2010, THE ORGANIZATIONS DID NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE COLLEGE FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND NEW YORK STATE. THE COLLEGE IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS THROUGH 2007. SCHEDULE D, PART XII, LINE 4 (B): NON OPERATING EXPENSES NET AGAINST REVENUE: $913,238, SCHOLARSHIPS AND GRANTS, $26,199,022. SCHEDULE D, PART XIII, LINE 4(B): SCHOLARSHIPS AND GRANTS, $26,199,022, NON-OPERATING EXPENSES NET AGAINST REVENUE, $913,238, INVESTMENT MANAGEMENT FEES, $225,612. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE COLLEGE DOES NOT PUBLISH ITS NON DISCRIMINATORY POLICY IN PRINT OR MEDIA. INSTEAD, THE POLICY IS PUBLISHED IN BOTH THE GRADUATE AND UNDERGRADUATE BULLETINS AND APPLICATIONS FOR ADMISSIONS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 MOST DISBURSEMENTS IN FURTHERANCE OF THE INSTITUTION'S EXEMPT PROGRAMS ARE MADE DIRECTLY FOR SALARY AND SIMILAR EXPENSES INCURRED DIRECTLY IN THE ACTIVITIES CONSTITUTING THE EXEMPT PURPOSE OR FUNCTION FOR WHICH THE INSTITUTION IS ORGANIZED AND OPERATED. OTHERWISE, SUCH DISBURSEMENTS ARE MADE IN ACCORDANCE WITH PROCEDURES OR ARE SUBJECT TO CONDITIONS ESTABLISHED BY THE INSTITUTION'S GOVERNING BOARD DESIGNED TO INSURE THAT INDIVIDUALS AND ORGANIZATIONS RECEIVING DISBURSEMENTS FROM THE ORGANIZATIONS IN FURTHERANCE OF ITS EXEMPT PROGRAMS ARE ADEQUATELY INVESTIGATED TO INSURE THAT THEY ARE QUALIFIED RECIPIENTS. STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS. SCHOLARSHIP GOLF TOURNAMENT 300988 131192 169796 19337 79813 7146 ACCOUNTING AWARDS DINNER 19400 0 19400 14306 5083 5 64780 0 64780 2300 0 113127 385168 131192 253976 21637 94119 125356 241112 12864 1 INSTITUTIONAL SCHOLARSHIPS 2562 20492610 ENDOWED SCHOLARSHIPS 283 778768 DONOR RESTRICTED SCHOLARSHIPS 150 291307 NEW YORK STATE GRANTS 411 422684 TUITION EXCHANGE 21 351086 HEOP/SJFC GRANT 73 239358 TUITION WAIVERS 222 1414848 EDUCATION MATERIALS 149 102010 RESIDENT ASSISTANT 54 423283 ROOM GRANTS 1027 1683068 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: A LIST OF SCHOLARSHIP AND FELLOWSHIP RECIPIENTS IS ON FILE AT ST. JOHN FISHER COLLEGE AND IS AVAILABLE UPON REQUEST. ALTHOUGH THERE MAY BE RECIPIENTS WHO ARE RELATED TO PERSONS HAVING INTEREST IN THE INSTITUTION, SUCH RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. X X X X X 1 1 X X 0 0 0 0 0 0 0 0 0 DONALD E BAIN 302777 0 0 0 2554 0 19600 0 8462 0 333393 0 0 0 RONALD J AMBROSETTI 196988 0 0 0 0 0 15214 0 901 0 213103 0 0 0 THOMAS O'NEIL 181280 0 0 0 0 0 14283 0 901 0 196464 0 0 0 WILLIAM O'CONNOR 177509 0 0 0 21000 0 14489 0 9903 0 222901 0 0 0 GERARD ROONEY 190670 0 0 0 2145 0 15627 0 44653 0 253095 0 0 0 RICHARD DEJESUS-RUEFF 131680 0 0 0 0 0 10370 0 8285 0 150335 0 0 0 SWIGART SCOTT 226053 0 0 0 0 0 18557 0 9903 0 254513 0 0 0 DIANNE C MINER 151532 0 0 0 0 0 11107 0 8336 0 170975 0 0 0 JASON J BERMAN 181920 0 0 0 0 0 11580 0 9815 0 203315 0 0 0 MARY COLLINS 146141 0 0 0 0 0 10240 0 722 0 157103 0 0 0 SELIM ILTER 144444 0 0 0 0 0 10507 0 8313 0 163264 0 0 0 ARTHUR WALTON 177062 0 0 0 0 0 11702 0 822 0 189586 0 0 0 COMIDA - 2011 BONDS 510188852 61075TAC2 2011-05-06 13855000 TO DEFEASE 2008 SERIES DASNY BONDS 0 0 0 12160000 13855000 1070100 624900 1 0 1 1 1 1 1 0 1 0.00070 0.02770 0.02840 1 0 0 0 0 0 0 DISCOUNTED TUITION FAMILY MEMBER OF A KEY EMPLOYEE 43625 MERIT SCHOLARSHIPS FAMILY MEMBER OF A KEY EMPLOYEE 8000 VICTOR SALERNO BOARD OF TRUSTEES MEMBER 60178 ELECTRICAL SERVICES. 0 R WAYNE LECHASE BOARD OF TRUSTEES MEMBER 5893498 CONSTRUCTION SERVICES. 0 FERDINAND J SMITH BOARD OF TRUSTEES MEMBER 1049300 ADVERTISING SERVICES. 0 WILLIAM HUGHES BOARD OF TRUSTEES MEMBER 7825 CONSULTING SERVICES. 0 RONALD BILLITIER BOARD OF TRUSTEES MEMBER 66514 ELECTRICAL SERVICES 0 X 5330 FAIR MARKET VALUE X 10 142921 FAIR MARKET VALUE 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS EXTENSIVELY REVIEWED BY THE FINANCE AND AUDIT COMMITTEES AND POSTED ONTO THE INTRANET FOR BOARD OF TRUSTEE REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICTS COMMITTEE OF THE BOARD OF TRUSTEES OVERSEES AND ENFORCES COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT AND CABINET MEMBERS: A THIRD PARTY CONSULTANT IS HIRED TO COLLECT COMPENSATION AND BENEFIT DATA FROM PEER INSTITUTIONS IDENTIFIED BY THE COLLEGE. THIS IS COORDINATED BY THE DIRECTOR OF HR. THE EXECUTIVE COMPENSATION COMMITTEE REVIEWS THE AGGREGATE DATA AND TRENDS AND FORWARDS THEIR RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE OF THE BOARD WHO MAKES THE FINAL APPROVAL OF SALARY AND BENEFIT ADJUSTMENTS. DEANS AND KEY EMPLOYEES: THE DIRECTOR OF HR COLLECTS MARKET DATA FOR THE IDENTIFIED POSITIONS AND REVIEWS WITH THE PRESIDENT AND CABINET MEMBERS WHO ARE RESPONSIBLE FOR APPROVING THE SALARY ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19 ALL FORMS REQUESTED WILL BE MADE AVAILABLE AT THE ST. JOHN FISHER COLLEGE CONTROLLER'S OFFICE DURING NORMAL BUSINESS HOURS. IF FEASIBLE, SJFC MAY ALSO ELECT TO FULFILL THE REQUEST IN A PDF VERSION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 6,891,392. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 2,755. WRITE OFF OF BOND ISSUANCE COSTS -541,366. TOTAL TO FORM 990, PART XI, LINE 5: 6,352,781. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. ST JOHN FISHER REAL ESTATE LLC 3690 EAST AVENUE ROCHESTER NY 14618 160746864 TO ASSUME TITLE OF CERTAIN PROPERTY FROM THE COLLEGE NY 0 0 ST JOHN FISHER COLLEGE