2012-05-11T12:33:19-05:00 2011-06-30 UHY ADVISORS NY INC 66 SOUTH PEARL STREET SUITE 400 ALBANY NY 12207 990 2010-07-01 141338371 THE COLLEGE OF SAINT ROSE COLL 5184542066 432 WESTERN AVENUE ALBANY NY 12203 MARCUS BUCKLEY 5184542066 2012-05-01 1 MARILYN A PENDERGAST 5184493166 2010 2016-02-24 21:20:13Z DR R MARK SULLIVAN 432 WESTERN AVENUE ALBANY NY 12203 193247891 0 X WWW.STROSE.EDU X 1920 NY TO PROVIDE HIGHER EDUCATIONAL OPPORTUNITIES. 37 37 2408 231 0 0 10961111 13262537 98312085 101787033 2795614 1251979 565076 667567 112633886 116969116 27842731 30309449 0 0 46656528 50057694 0 0 1693536 30887768 30910689 105387027 111277832 7246859 5691284 177026612 188007114 61452727 61350312 115573885 126656802 X THE COLLEGE OF SAINT ROSE COMMUNITY ENGAGES HIGHLY MOTIVATED UNDERGRADUATE AND GRADUATE STUDENTS IN RIGOROUS EDUCATIONAL EXPERIENCES. IN THE PROGRESSIVE TRADITION OF THE FOUNDING SISTERS OF ST. JOSEPH OF CARONDELET, WE WELCOME MEN AND WOMEN FROM ALL RELIGIOUS AND CULTURAL BACKGROUNDS. IN ADDITION TO DEVELOPING THEIR INTELLECTUAL CAPACITIES, STUDENTS HAVE THE OPPORTUNITY TO CULTIVATE THEIR CREATIVE AND SPIRITUAL GIFTS IN A DIVERSE LEARNING COMMUNITY THAT FOSTERS INTEGRITY, INTERDEPENDENCE, AND MUTUAL RESPECT.THE COLLEGE DELIVERS DISTINCTIVE AND COMPREHENSIVE LIBERAL ARTS AND PROFESSIONAL PROGRAMS THAT INSPIRE OUR GRADUATES TO BE PRODUCTIVE ADULTS, CRITICAL THINKERS, AND MOTIVATED, CARING CITIZENS. OUR ENGAGEMENT WITH THE URBAN ENVIRONMENT EXPANDS THE SETTING FOR EDUCATIONAL OPPORTUNITIES AND ENCOURAGES THE SAINT ROSE COMMUNITY'S ENERGETIC INVOLVEMENT AND EFFECTIVE LEADERSHIP IN SOCIETY. 0 0 98215179 89624862 THE COLLEGE PROVIDES POST-SECONDARY EDUCATION TO BOTH UNDERGRADUATE AND GRADUATE STUDENTS. 98215179 1 1 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 187 0 2408 1 0 0 0 0 0 1 1 0 0 0 0 X 37 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X DEBRA POLLEY 5184542066 432 WESTERN AVE ALBANY NY 12203 SR MARY ANNE HEENAN CSJ 0.50 X 0 0 0 DR KATHLEEN SULLIVAN RICKER 0.50 X 0 0 0 MR ALBERT W BROOKS 0.50 X 0 0 0 MS JUDITH CALOGERO 0.50 X 0 0 0 MISS BARBARA A CARR 0.50 X 0 0 0 MRS RITA B CROTTY 0.50 X 0 0 0 MR JOHN DUNNE 0.50 X 0 0 0 SR KATHLEEN M EAGAN CSJ 0.50 X 0 0 0 MS JOANNE ESPOSITO 0.50 X 0 0 0 SR ELIZABETH GIARRUSSO CSJ 0.50 X 0 0 0 SR KATHERINE HANLEY CSJ 0.50 X 0 0 0 SR MARY LOUISE DOLAN CSJ 0.50 X 0 0 0 GEORGE R HEARST III 0.50 X 0 0 0 DR ZELDA J HOLCOMB 0.50 X 0 0 0 SR JOAN LESCINSKI CSJ 0.50 X 0 0 0 DR MATTHEW H MATARASO 0.50 X 0 0 0 TONITA F MCKONE 0.50 X 0 0 0 MR DANIEL P NOLAN 0.50 X 0 0 0 MR KEVIN O'CONNOR 0.50 X 0 0 0 MS ELIZABETH SIMCOE 0.50 X 0 0 0 MR TODD SLINGERLAND 0.50 X 0 0 0 SR PATRICIA A ST JOHN CSJ 0.50 X 0 0 0 MR CHARLES TOUHEY 0.50 X 0 0 0 MS MARCIA J WHITE 0.50 X 0 0 0 MR HAROLD L WILLIAMS 0.50 X 0 0 0 SR DIANE ZIGO CSJ 0.50 X 0 0 0 MR MICHAEL S MILLER 0.50 X 0 0 0 SR ANNE BRYAN SMOLLIN CSJ 0.50 X 0 0 0 I NORMAN MASSRY 0.50 X 0 0 0 RICHARD J HUETHER 0.50 X 0 0 0 ROBERT H BARLOW 0.50 X 0 0 0 MARTIN J BARRINGTON 0.50 X 0 0 0 SR ANN CHRISTI BRINK CSJ 0.50 X 0 0 0 SR MARGARET M EDIC CSJ 0.50 X 0 0 0 DR LEE A MCELROY JR 0.50 X 0 0 0 JEFFREY B SCOTT 0.50 X 0 0 0 SR MARY ROSE NOONAN CSJ 0.50 X 0 0 0 DR R MARK SULLIVAN 40.00 X 973300 0 35768 DR DAVID SZCZERBACKI 40.00 X 209747 0 31611 MARCUS BUCKLEY 40.00 X 187691 0 30097 DEBRA LIBERATORE 40.00 X 77905 0 25117 MARGARET KIRWIN 40.00 X 133849 0 18808 MARY GRONDAHL 40.00 X 144975 0 30705 KARIN CARR 40.00 X 165522 0 24980 DENNIS MCDONALD 40.00 X 113189 0 24346 LORNA SHAW 40.00 X 118626 0 21180 2124804 0 242612 12 0 1 0 ARAMARK CORPORATION PO BOX 198532 ATLANTA GA 30384 MAINT/FOOD SERVICE 3271913 SANO-RUBIN CONSTRUCTION PO BOX 9078 ALBANY NY 12209 CONSTRUCTION 2069887 UW MARX INC ONE STONE BREAK RD TROY NY 12182 CONSTRUCTION 920004 EYP ARCHITECTURE & ENGINEERING PO BOX 617 ALBANY ALBANY NY 12201 ENGINEERING 702405 USHERWOOD OFFICE TECHNOLOGY 1005 W FAYETTE ST SYRACUSE NY 13204 MAIL / PRINTING SERVICES 519306 26 6598487 6664050 13262537 TUITION AND FEES 611710 89624862 89624862 AUXILIARY SERVICES 900099 12162171 12162171 101787033 926064 926064 76604690 76270991 7784 333699 -7784 325915 325915 OTHER REVENUE 900099 667567 667567 667567 116969116 89624862 0 14081717 30139250 30139250 170199 170199 773055 773055 37243796 31571458 4787067 885271 2863361 2374366 419924 69071 6539842 5283840 1119641 136361 2637640 2243950 332715 60975 512705 512705 309840 309840 105068 105068 163814 163814 1323751 384445 892591 46715 1850733 1638375 177947 34411 1093484 938387 136111 18986 757390 643478 99294 14618 111004 111004 1808914 1536853 237149 34912 6220659 5285072 815528 120059 651022 552855 85623 12544 EDUCATIONAL 8283478 8283478 AUXILIARY 4064067 4064067 OTHER CONTRACTUAL SERVI 1271318 798852 433972 38494 RECRUITING EXPENSES 855822 855822 OTHER - ATHLETICS SUPPL 633861 604995 28866 893759 332732 339908 221119 111277832 98215179 11369117 1693536 11257934 9661877 2728334 2507460 4345177 4419409 979958 894235 192893260 76897731 107787462 115995529 29554542 35976053 17871727 16072352 2501478 2480199 177026612 188007114 10934283 11660150 40208592 40915232 10309852 8774930 61452727 61350312 X 99600464 108965566 7068527 7780403 8904894 9910833 115573885 126656802 177026612 188007114 X 5691284 5391633 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 141982 X X 0 26763849 1182636 4609637 -892256 31663866 23144335 292767 2042632 -1284115 26763849 25961101 196289 -3255158 -242103 23144335 0.69000 0.31000 0 0 1974545 1974545 151272888 47312242 103960646 18948458 16079797 2868661 20697369 13505692 7191677 115995529 CERTIFICATES OF DEPOSIT 8178467 F PRIVATE HEDGE FUND 3068702 F PRIVATE EQUITY FUND 2904235 F REAL ESTATE 1442219 F LIMITED PARTNERSHIP 478729 F 16072352 DEFERRED STUDENT FEES 1150736 INTERST RATE SWAP LIABILITY 6343443 U.S. GOVERNMENT ADVANCES 1280751 8774930 116969116 111277832 5691284 5391633 5391633 11082917 97825823 3970008 1421625 5391633 92434190 24534926 24534926 116969116 86742906 0 86742906 24534926 24534926 111277832 PART III, LINE 4: COLLECTIONS OF ART AND HISTORICAL MATERIALS ARE USED TO ENRICH THE LIBERAL ARTS EDUCATION PROVIDED BY THE COLLEGE. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE PRIMARY USES OF THE ENDOWMENT ARE SCHOLARSHIPS AND AWARDS (BASED ON THE AGREEMENT WITH THE DONOR), TO FUND NECESSARY CAPITAL PROJECTS, AND TO ADDRESS OTHER NEEDS OF THE COLLEGE AS APPROVED BY THE BOARD OF TRUSTEES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS HOWEVER REQUIRED TO FILE AN INFORMATIONAL RETURN (FEDERAL FORM 990). THE COLLEGE BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. INFORMATION RETURNS FOR FISCAL YEAR 2008 AND LATER ARE SUBJECT TO EXAMINATION BY THE IRS. PART XI, LINE 8 - OTHER ADJUSTMENTS: INTEREST RATE SWAP FAIR VALUE ADJUSTMENT UNREALIZED GAIN ON INVESTMENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: SWAP LIABILITY ADJSTMENT 1,421,625. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL AID 24,534,926. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL AID 24,534,926. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 POLICY IS PUBLISHED IN STUDENT HANDBOOK AND OTHER COLLEGE PUBLICATIONS, AS WELL AS THE COLLEGE'S WEBSITE. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES GRANTS FROM THE FEDERAL GOVERNMENT TO HELP ACHIEVE AND FURTHER ITS EDUCATIONAL MISSION. THE COLLEGE ALSO RECEIVES FEDERAL AND NEW YORK STATE FUNDS THROUGH ITS STUDENTS IN THE FORM OF FEDERAL AND STATE STUDENT FINANCIAL AID AND ASSISTANCE. 0 EUROPE 0 0 STUDY ABROAD PROGRAMS EDUCATIONAL 265624 SOUTH AMERICA 0 0 STUDY ABROAD PROGRAMS EDUCATIONAL 24817 CENTRAL AMERICA 0 0 STUDY ABROAD PROGRAMS EDUCATIONAL 8000 EAST ASIA AND PACIFIC 0 0 STUDY ABROAD PROGRAMS EDUCATIONAL 57872 0 0 0 0 0 0 356313 0 356313 X SOUTH AMERICA STUDY ABORAD PROGRAM FOR STUDENTS 10376 WIRE EUROPE STUDY ABROAD PROGRAM FOR STUDENTS. 149249 WIRE EUROPE STUDY ABROAD PROGRAM FOR STUDENTS. 10574 WIRE 7 STUDY ABROAD PROGRAM FOR STUDENTS EUROPE 23 265624 APPLIED TO STUDENT'S ACCOUNT STUDY ABROAD PROGRAM FOR STUDENTS SOUTH AMERICA 2 24817 APPLIED TO STUDENT'S ACCOUNT STUDY ABROAD PROGRAM FOR STUDENTS CENTRAL AMERICA 1 8000 APPLIED TO STUDENT'S ACCOUNT STUDY ABROAD PROGRAM FOR STUDENTS EAST ASIA AND PACIFIC 5 57872 APPLIED TO STUDENT'S ACCOUNT 0 0 0 0 0 0 1 SCHOLARSHIPS 2918 30139250 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BASED ON NEED AND MONITORED ANNUALLY BASED ON STUDENTS' ACADEMIC PROFILES AND GUIDELINES AS PROVIDED TO STUDENTS. X 0 0 X X 0 1 0 0 0 0 0 0 0 DR R MARK SULLIVAN 297712 0 0 0 675588 0 22050 0 13718 0 1009068 0 0 0 DR DAVID SZCZERBACKI 209747 0 0 0 0 0 18325 0 13286 0 241358 0 0 0 MARCUS BUCKLEY 187691 0 0 0 0 0 16379 0 13718 0 217788 0 0 0 MARGARET KIRWIN 133849 0 0 0 0 0 12126 0 6682 0 152657 0 0 0 MARY GRONDAHL 144975 0 0 0 0 0 12989 0 17716 0 175680 0 0 0 KARIN CARR 165522 0 0 0 0 0 14614 0 10366 0 190502 0 0 0 PART I, LINE 1A THE OFFICIAL RESIDENCE OF THE PRESIDENT IS OWNED AND MAINTAINED BY THE COLLEGE AND IS SITUATED IN CLOSE PROXIMITY TO THE COLLEGE'S URBAN CAMPUS. THE PRESIDENT RESIDES IN HIS OFFICIAL RESIDENCE AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE COLLEGE AND CERTAIN FUNDRAISING AND OTHER COLLEGE FUNCTIONS ARE HOSTED BY THE PRESIDENT IN HIS OFFICIAL RESIDENCE UNDER STIPULATION IN HIS EMPLOYMENT CONTRACT. PART I, LINE 4B DR. R. MARK SULLIVAN PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. OF THE AMOUNT REPORTED IN PART II(B)(III), $675,588 REPRESENTS A PAYOUT OF DR. SULLIVAN'S ACCUMULATED BALANCE BASED ON 15 YEARS OF SERVICE TO THE COLLEGE. CITY OF ALBANY INDUSTRIAL DEVELOPMENT AGENCY 146002058 012440LU5 2007-06-28 34000000 TO FINANCE VARIOUS CAPITAL PROJECTS AT THE COLLEGE 0 0 0 CITY OF ALBANY INDUSTRIAL DEVELOPMENT AGENCY 146002058 012440LV3 2007-06-28 6600000 TO FINANCE VARIOUS CAPITAL PROJECTS AT THE COLLEGE 0 0 0 34000000 2311192 15816416 1829916 16068895 2010 1 0 1 1 6600000 467110 6536649 372951 2007 1 0 1 1 0 0 0 0 0.00000 0.00000 0 0 0 0 0 0.00000 0.00000 0 0 1 1 BANK OF AMERICA 30.000000000000 0 0 0 0 0 0 1 1 BANK OF AMERICA 20.000000000000 0 0 0 0 0 X 15 861614 MARKET QUOTE X VARIOUS IN KIND 114 77945 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS MADE AVAILABLE FOR THE REVIEW OF THE GOVERNING BODY BEFORE FILING AND THEIR OBSERVATIONS ARE INCORPORATED AS APPROPRIATE IN THE PRESENTATION OF THE INFORMATION. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CERTIFICATION OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS REQUIRED OF ALL MEMBERS OF THE GOVERNING BODY AND OFFICERS IN FEBRUARY EACH YEAR, AND OF NEWLY-APPOINTED INDIVIDUALS AT THE TIME OF APPOINTMENT. APPLICABLE CONFLICTS OF INTEREST ARE REPORTED TO THE AUDIT COMMITTEE AND INDIVIDUALS SUBJECT RECUSE THEMSELVES FROM THE DELIBERATIVE AND DECISION-MAKING PROCESSES WITH RESPECT TO MATTERS WHERE CONFLICT MAY EXIST. FORM 990, PART VI, SECTION B, LINE 15 PERFORMANCE AND COMPARABILITY DATA RELATED TO OFFICERS' COMPENSATION IS REVIEWED BY INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE, WHOSE DELIBERATIONS AND DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 3,970,008. INTEREST RATE SWAP ADJUSTMENT 1,421,625. TOTAL TO FORM 990, PART XI, LINE 5: 5,391,633. FORM 990, PART XII, LINE 2C: COMMITTEE PROCEDURES WITH RESPECT TO OVERSIGHT OF THE AUDIT OF THE ANNUAL FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT HAVE NOT CHANGED FROM PRIOR YEAR. FINANCIAL AID FROM A GOVERNMENT AGENCY SCHEDULE E, LINE 6A THE COLLEGE RECEIVES GRANTS FROM THE FEDERAL GOVERNMENT TO HELP ACHIEVE AND FURTHER ITS EDUCATIONAL MISSION. THE COLLEGE ALSO RECEIVES FEDERAL AND NEW YORK STATE FUNDS THROUGH ITS STUDENTS IN THE FORM OF FEDERAL AND STATE STUDENT FINANCIAL AID AND ASSISTANCE.