UNIVERSITY OF MOUNT SAINT VINCENT: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: UNIVERSITY OF MOUNT SAINT VINCENT (EIN 13-1740445)
Tax period: 2010-07-01 to 2011-06-30
Filed: 2012-05-03
IRS object ID: 201231249349301023
Schema version: 2010v3.7
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 G
Schedule I
Schedule J
Schedule K
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-03T22:32:08-04:00	Timestamp
Tax Period End Date	2011-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GRANT THORNTON LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	666 THIRD AVENUE	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	100174011	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	131740445	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	COLLEGE OF MT ST VINCENT	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	COLL	NameControl
Phone	7184053200	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6301 RIVERDALE AVENUE	AddressLine1
City	RIVERDALE	City
State	NY	State
ZIP Code	10471	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Abed Elkeshk	Name
Title	cfo	Title
Date Signed	2012-05-02	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	2125990100	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	CHARLES FLYNN PRESIDENT	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	6301 RIVERDALE AVE	AddressLine1
City	RIVERDALE	City
State	NY	State
ZIP Code	10471	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	56368209	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.MOUNTSAINTVINCENT.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1847	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	FOUNDED BY THE SISTERS OF CHARITY OF NEW YORK, THE COLLEGE OF MOUNT SAINT VINCENT IS AN ACADEMICALLY EXCELLENT, AUTHENTICALLY INCLUSIVE, CATHOLIC AND ECUMENICAL LIBERAL ARTS COLLEGE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	29	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	28	NbrIndependentVotingMembers
Total Nbr Employees	992	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	55	TotalGrossUBI
Net Unrelated Business Txbl Income	-2695	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	3927714	ContributionsGrantsPriorYear
Contributions Grants Current Year	4306585	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	46951013	ProgramServiceRevenuePriorYear
Program Service Revenue CY	49429929	ProgramServiceRevenueCY
Investment Income Prior Year	328387	InvestmentIncomePriorYear
Investment Income Current Year	402975	InvestmentIncomeCurrentYear
Other Revenue Prior Year	345747	OtherRevenuePriorYear
Other Revenue Current Year	977218	OtherRevenueCurrentYear
Total Revenue Prior Year	51552861	TotalRevenuePriorYear
Total Revenue Current Year	55116707	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	12821718	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	13602410	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	17926463	SalariesEtcPriorYear
Salaries Etc Current Year	19405872	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	52752	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	1561566	TotalFundrsngExpCurrentYear
Other Expense Prior Year	17769343	OtherExpensePriorYear
Other Expenses Current Year	19541858	OtherExpensesCurrentYear
Total Expenses Prior Year	48517524	TotalExpensesPriorYear
Total Expenses Current Year	52602892	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	3035337	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2513815	RevenuesLessExpensesCY
Total Assets BOY	68647300	TotalAssetsBOY
Total Assets EOY	71735659	TotalAssetsEOY
Total Liabilities BOY	30370529	TotalLiabilitiesBOY
Total Liabilities EOY	30213150	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	38276771	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	41522509	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	FOUNDED BY THE SISTERS OF CHARITY OF NEW YORK, THE COLLEGE OF MOUNT SAINT VINCENT IS AN ACADEMICALLY EXCELLENT, AUTHENTICALLY INCLUSIVE, CATHOLIC AND ECUMENICAL LIBERAL ARTS COLLEGE. THE COLLEGE COMBINES A STRONG CORE CURRICULUM WITH A FULL ARRAY OF MAJORS IN THE LIBERAL ARTS AND, WITHIN THE TRADITION OF LIBERAL EDUCATION, SELECTED PROFESSIONAL FIELDS OF STUDY. AT MOUNT SAINT VINCENT, A STUDENT'S EDUCATION EXTENDS BEYOND KNOWLEDGE, SKILLS, AND PREPARATION FOR WORK. WE SEEK THE DEVELOPMENT OF THE WHOLE PERSON. IN THE SPIRIT OF VINCENT DE PAUL AND ELIZABETH ANN SETON, WE FOSTER AN UNDERSTANDING OF OUR COMMON HUMANITY, A COMMITMENT TO HUMAN DIGNITY, AND A FULL APPRECIATION OF OUR OBLIGATIONS TO EACH OTHER. THROUGH ITS SCHOOL OF PROFESSIONAL AND CONTINUING STUDIES, THE COLLEGE EXTENDS ITS PRIMARY UNDERGRADUATE MISSION BY OFFERING HIGH QUALITY GRADUATE STUDIES IN BUSINESS, EDUCATION AND NURSING AND AN ARRAY OF UNDERGRADUATE AND CERTIFICATE PROGRAMS SERVING NON-TRADITIONAL STUDENTS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	42625689	Expense
Grants	13602410	Grants
Revenue	49429929	Revenue
Description	College of Mount Saint Vincent is a school of higher education formed in the Catholic tradition, but nonsectarian. We have a diverse student population both ethnically and economically. We offer 3 associate, 25 baccalaureate, and 8 graduate majors. We award B.A. and B.S. degrees on the undergraduate level. In addition, we award M.S. and M.B.A. degrees on the graduate level. Our student body is composed of more than 1,800 full and part-time students. - The College offers full-time students a residence program designed to enhance their engagement, learning, and citizenship. The College maintains five residence halls, each housing between 75 and 250 students and offering a variety of amenities, including study-lounges, kitchenettes, and laundry rooms. We have a second campus in Manhattan which is used for a nursing degree program and Foreign Teacher Training Program with residential capacity of 28 students.	Description
Total Program Service Expense	42625689	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	true	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	true	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	true	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	true	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Info In Schedule O Part V	X	InfoInScheduleOPartV
Number Forms Transmitted With1096	3784	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	992	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	29	NbrVotingGoverningBodyMembers
Number Independent Voting Members	28	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	BARBARA HURLEIGH CONTROLLER	NamePerson
Telephone Number	7184053200	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	6301 RIVERDALE AVE	AddressLine1
City	Riverdale	City
State	NY	State
ZIP Code	10471	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (36 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
MARGARET DENNEHY SC
DIRECTOR	1.0	X	0	0	0
EDMUND C DUFFY
DIRECTOR	1.0	X	0	0	0
ROSE FREDERICK SC
SECRETARY	1.0	X	0	0	0	X
PATRICK P GRACE
DIRECTOR	1.0	X	0	0	0
STEVEN HAYES
DIRECTOR	1.0	X	0	0	0
MAUREEN A HENEGAN
DIRECTOR	1.0	X	0	0	0
MARY BETH MALONE
DIRECTOR	1.0	X	0	0	0
HELEN MCGOVERN SC
DIRECTOR	1.0	X	0	0	0
DOROTHY METZ
VICE CHAIR	1.0	X	0	0	0	X
JOHN W NEARY
DIRECTOR	1.0	X	0	0	0
DERYCK A PALMER
DIRECTOR	1.0	X	0	0	0
PAUL I RUBACKY
DIRECTOR	1.0	X	0	0	0
JOAN M SQUIRES
Director	1.0	X	0	0	0
JOAN D WALSH
DIRECTOR	1.0	X	0	0	0
Stephen A Manzi
Director	1.0	X	0	0	0
Rosemary T Berkery
director	1.0	X	0	0	0
James J Campbell
director	1.0	X	0	0	0
Vita Cassese
director	1.0	X	0	0	0
Gail Vance Civille
director	1.0	X	0	0	0
Mary Anne Cronin SC
director	1.0	X	0	0	0
Noreen M Culhane
Chair	1.0	X	0	0	0	X
Charles L Flynn Jr
President	40.0	X	273959	0	26381	X
Dominica Rocchio SC
Director	1.0	X	0	0	0
Paula Marie Buley
Director	1.0	X	0	0	0
Maria L Ellis
Director	1.0	X	0	0	0
Kevin M Kearney
Director	1.0	X	0	0	0
Valerie Mastronardi
Director	1.0	X	0	0	0
Raul Rivera
Director	1.0	X	0	0	0
Susan Whitney
Director	1.0	X	0	0	0
Guy Lometti
Provost and dean of faculty	40.0		163175	0	13150	X
Abed Elkeshk
Chief Financial Officer	40.0		167675	0	13150	X
Madeleine Melkonian
vice president	40.0		119106	0	26375		X
Matthew Mcdevitt
vice president	40.0		126375	0	0		X
Carol Vicino
director of nursing	40.0		109128	0	14109		X
Edward Meyer
Dean of SPCS	40.0		120788	0	13775		X
Justine Taddeo
Assistant Director of Nursing	40.0		113083	0	13600		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1193289	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	120540	TotalOtherCompensation
Number Individuals GT100 K	11	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
Brennan Brothers Company Inc
3150 Albany Crescent	BRONX	NY	10463	Contractor	347802
UNICCO SERVICE COMPANY
275 GROVE STREET SUITE 3200	AUBURNDALE	MA	02466	CLEANING SERVICES	3555405
chartwells compass group
PO Box 91377	CHICAGO	IL	606731337	FOOD SERVICE	2354255
Conserv Construction Inc
15 Washington Avenue	SUFFERN	NY	10901	construction svcs	1596461
Elite Roofing and Maintenance
PO Box 726	WAYNE	NJ	07470	construction svcs	311500

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	10	NumberOfContractorsGT100K
Fundraising Events	357587	FundraisingEvents
Government Grants	1825783	GovernmentGrants
All Other Contributions	2123215	AllOtherContributions
Noncash Contributions	488004	NoncashContributions
Total Contributions	4306585	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
TUITION & FEES	900099	41891668	41891668
ROOM & BOARD	900099	7451124	7451124
BOOKSTORE	611710	40000		$40,000
STUDENT AMENITIES	611710	4435		$4,435
COMMISSIONS	611710	16767		$16,767

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	25935	TotalRevenueColumn
Related Or Exempt Function Income	25935	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	49429929	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	181005	TotalRevenueColumn
Unrelated Business Revenue	55	UnrelatedBusinessRevenue
Exclusion	$180,950	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	228847	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	228847	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	228847	TotalRevenueColumn
Exclusion	$228,847	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	1322160	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	1100190	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	221970	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	221970	TotalRevenueColumn
Exclusion	$221,970	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	65015	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	357587	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	151312	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-86297	TotalRevenueColumn
Exclusion	-$86,297	ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	ExclusionExclusionAmount
ALUMNI EVENTS	900099	44360	$44,360
UPWARD BOUND	900099	230335	$230,335
CAMP FEES	900099	10450	$10,450

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	549523	TotalRevenueColumn
Exclusion	$549,523	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	834668	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	55116707	TotalRevenueColumn
Related Or Exempt Function Income	49368727	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	55	UnrelatedBusinessRevenue
Exclusion	$1,441,340	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	13602410	Total
Program Services	13602410	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1129499	Total
Program Services	499536	ProgramServices
Management And General	492463	ManagementAndGeneral
Fundraising	137500	Fundraising

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	14195587	Total
Program Services	11087645	ProgramServices
Management And General	2495784	ManagementAndGeneral
Fundraising	612158	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	792509	Total
Program Services	599146	ProgramServices
Management And General	154546	ManagementAndGeneral
Fundraising	38817	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2037039	Total
Program Services	1612043	ProgramServices
Management And General	324374	ManagementAndGeneral
Fundraising	100622	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1251238	Total
Program Services	945950	ProgramServices
Management And General	244002	ManagementAndGeneral
Fundraising	61286	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	46695	Total
Management And General	46695	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	131492	Total
Management And General	131492	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	283	Total
Management And General	283	ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	52752	Total
Fundraising	52752	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	53875	Total
Management And General	53875	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	192453	Total
Program Services	149123	ProgramServices
Management And General	41090	ManagementAndGeneral
Fundraising	2240	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	138305	Total
Program Services	5978	ProgramServices
Management And General	124427	ManagementAndGeneral
Fundraising	7900	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	2066092	Total
Program Services	1077811	ProgramServices
Management And General	780295	ManagementAndGeneral
Fundraising	207986	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	440480	Total
Program Services	20563	ProgramServices
Management And General	419881	ManagementAndGeneral
Fundraising	36	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1781572	Total
Program Services	1455527	ProgramServices
Management And General	316738	ManagementAndGeneral
Fundraising	9307	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	335182	Total
Program Services	239079	ProgramServices
Management And General	85158	ManagementAndGeneral
Fundraising	10945	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	174080	Total
Program Services	155261	ProgramServices
Management And General	15579	ManagementAndGeneral
Fundraising	3240	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	855166	Total
Management And General	855166	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	3229676	Total
Program Services	3229676	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	529219	Total
Program Services	805	ProgramServices
Management And General	528414	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
CONTRACTUAL SERVICES	4746392	3950879	668073	127440
FOOD SERVICE	2433465	2193574	79562	160329
BAD DEBT EXPENSE	116384		116384
BOND ADMINISTRATION FEES	121032		121032
LIBRARY BOOK	131836	85699	46057	80

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	2018179	Total
Program Services	1714984	ProgramServices
Management And General	274267	ManagementAndGeneral
Fundraising	28928	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	52602892	Total
Program Services	42625689	ProgramServices
Management And General	8415637	ManagementAndGeneral
Fundraising	1561566	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	5631598	BOY
EOY	6611797	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	1160672	BOY
EOY	1101698	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	450909	BOY
EOY	447185	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	638107	BOY
EOY	693849	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	81955079	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	32237844	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	48966295	BOY
EOY	49717235	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	4004221	BOY
EOY	5429594	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	2759367	BOY
EOY	2960887	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	5036131	BOY
EOY	4773414	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	68647300	BOY
EOY	71735659	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	4496018	BOY
EOY	4949008	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	1265545	BOY
EOY	1456571	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	20730000	BOY
EOY	20265000	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	420133	BOY
EOY	470449	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	1318524	BOY
EOY	1049621	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	2140309	BOY
EOY	2022501	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	30370529	BOY
EOY	30213150	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	26322954	BOY
EOY	28489750	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	5767884	BOY
EOY	6571211	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	6185933	BOY
EOY	6461548	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	38276771	BOY
EOY	41522509	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	68647300	BOY
EOY	71735659	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	2513815	ReconcilationRevenueExpenses
Reconcilation Other Changes	731923	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	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)
Total Grassroots Lobbying		TotalGrassrootsLobbying
Total Direct Lobbying		TotalDirectLobbying
Total Lobbying Expenditures		TotalLobbyingExpenditures
Other Exempt Purpose Expenditures		OtherExemptPurposeExpenditures
Total Exempt Purpose Expenditures		TotalExemptPurposeExpenditures
Lobbying Nontaxable		LobbyingNontaxableAmount
Grassroots Nontaxable		GrassrootsNontaxableAmount
Tot Lobbying Grassroot Minus Non Tx		TotLobbyingGrassrootMinusNonTx
Tot Lobby Expend Mns Lobbying Nontx		TotLobbyExpendMnsLobbyingNontx
Volunteers	false	Volunteers
Paid Staff Or Management	false	PaidStaffOrManagement
Media Advertisements	false	MediaAdvertisements
Mailings Members	false	MailingsMembers
Publications Or Broadcast	false	PublicationsOrBroadcast
Grants Other Organizations	false	GrantsOtherOrganizations
Direct Contact Legislators	false	DirectContactLegislators
Rallies Demonstrations	false	RalliesDemonstrations
Other Activities	true	OtherActivities
Other Activities	$283	OtherActivitiesAmount
Total Lobbying Expenditures IIB	283	TotalLobbyingExpendituresIIB
Not Described In501c3	false	NotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	Lobbying Expense	Identifier
Return Reference	Schedule L, Part II-B	ReturnReference
Explanation	The College is a member of the national association of independent colleges and universities (NAICU) that promote the needs of higher education as well as provide information to the industry. Several of these organizations allocate a portion of the annual dues to lobbying efforts. For the year ending June 30, 2011, the portion of the College's membership dues that was deemed to be lobbying activity is $283. These represent the only lobbying expenses made by the College.	Explanation

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	true	IncludedOnFS

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	6790426	BeginningOfYearBalance
Contributions	711047	Contributions
Investment Earnings Or Losses	1118668	InvestmentEarningsOrLosses
Other Expenditures	229660	OtherExpenditures
End Of Year Balance	8390481	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	6545598	BeginningOfYearBalance
Contributions	179107	Contributions
Investment Earnings Or Losses	168770	InvestmentEarningsOrLosses
Other Expenditures	103049	OtherExpenditures
End Of Year Balance	6790426	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	6301161	BeginningOfYearBalance
Contributions	244437	Contributions
Investment Earnings Or Losses	108858	InvestmentEarningsOrLosses
Other Expenditures	43876	OtherExpenditures
Administrative Expenses	64982	AdministrativeExpenses
End Of Year Balance	6545598	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.13140	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.11318	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.75542	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1994835	OtherCostOrOtherBasis
Book Value	1994835	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	62985749	OtherCostOrOtherBasis
Depreciation	22796902	Depreciation
Book Value	40188847	BookValue

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovements
Equipment		Equipment

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	16974495	OtherCostOrOtherBasis
Depreciation	9440942	Depreciation
Book Value	7533553	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	49717235	TotalOfBookValueLandBuildings

Other Assets OtherAssets (3 entries)

DescriptionDescription	Book ValueBookValue
DEFERRED BOND FINANCING COST	1838223
DEPOSITS HELD BY BOND TRUSTEE	1882663
OTHER	1052528

Field	Value	IRS element (for citing)
Total Book Value Other Assets	4773414	TotalBookValueOtherAssets
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
ANNUITIES PAYABLE	$1,987
U.S. GOV'T GRANTS REFUNDABLE	$691,233
CONDITIONAL ASSET RETIREMENT	$1,329,281

Field	Value	IRS element (for citing)
Total Of Amounts	2022501	TotalOfAmounts
Total Revenue	55116707	TotalRevenue
Total Expenses	52602892	TotalExpenses
Excess Or Deficit For Year	2513815	ExcessOrDeficitForYear
Net Unrealized GL On Investments	731924	NetUnrealizedGLOnInvestments
Total Adjustments	731924	TotalAdjustments
Excess Or Deficit Per FS	3245739	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	42397533	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	731924	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	731924	RevenueNotRptdF990
Revenue Subtotal	41665609	RevenueSubtotal
Other Revenues Not Included	13451098	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	13451098	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	55116707	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	39151794	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	39151794	ExpensesSubtotal
Other Expenses Not Included	13451098	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	13451098	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	52602892	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
TRUST, ESCROW AND CUSTODIAL ARRANGEMENTS	FORM 990, SCHEDULE D, PART IV, LINE 2	The College holds custodial accounts on behalf of its matriculating students. These funds are ultimately used to finance student activities, clubs and other programs. This account is reported on the College's financial statements and is reported on Part X, Line 21.
ENDOWMENT FUNDS	FORM 990, SCHEDULE D, PART V, LINE 4	The College's endowment fund is intended to support the College's educational mission. The College holds fifty individual funds for the purpose of providing scholarships and for undertaking educational programs. The endowment's principal will be left untouched while its earnings shall be used for expenditure.
Reconciliation of Revenue	FORM 990, SCHEDULE D, PART XII	Line 2D - Revenue included on Books not on Return Special Events Expense $ (151,312.) Line 4B - Revenue included on Return not on Books SCHOLARSHIP EXPENSE $13,602,410.
Reconciliation of Expenses	FORM 990, SCHEDULE D, PART XIII	Line 2D - Expenses included on Books not on Return Special Events Expense $ (151,312.) Line 4B - Expenses included on Return not on Books SCHOLARSHIP EXPENSE $13,602,410.
Collections of Art	Schedule D, Part III Line 4	The College art collection consists of Various pieces of art displayed throughout the campus which are used to enhance student appreciation of fine arts.
FIN 48		On July 1, 2009, the college adopted the provisions of FASB Interpretation No. 48 ("FIN 48") Accounting for Uncertainties in Income Taxes - an interpretation of FASB Statement No. 109, now incorporated in Accounting Standards Codification ("ASC") 740. ASC 740-10 clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statements recognition and measurement. This section provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The College is exempt from federal income taxation by virtue of being an organization described in Section 501(c)(3) of the Internal Revenue Code. Nevertheless, the College may be subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The tax years ending June 30, 2008, 2009, 2010 and 2011 are still open to audit for both federal and state purposes. The adoption of ASC 740-10 did not have a material impact on the College's financial statements, as management determined that there are no material uncertain tax positions within its financial statements.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	true	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	ExplanationExplanation
Part I, Line 3	The College's non-discriminatory policy is disclosed in all publications printed and distributed.
Part I, Line 6A	The College accepts both federal and state governmental funding for the purposes of providing financial aid to students matriculating at the College.

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	X	MailSolicitations
Phone Solicitations	X	PhoneSolicitations
In Person Solicitations	X	InPersonSolicitations
Solicitation Of Non Govt Grants	X	SolicitationOfNonGovtGrants
Solicitation Of Govt Grants	X	SolicitationOfGovtGrants
Special Fundraising Events	X	SpecialFundraisingEvents
Agreement Ref Fundraising	true	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

Field	Value	IRS element (for citing)
Name Of Individual	Mason Jay Blacher Assoc	NameOfIndividual

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2210 Fairview Avenue East	AddressLine1
City	Seattle	City
State	WA	State
ZIP Code	98102	ZIPCode

Field	Value	IRS element (for citing)
Activity	Direct Prospecting	Activity
Fundraiser Control Of Funds	false	FundraiserControlOfFunds
Gross Receipts	0	GrossReceipts
Amount Retained By Contractor	52752	AmountRetainedByContractor
Net To Organization	0	NetToOrganization

Field	Value	IRS element (for citing)
Total Gross Receipts	0	TotalGrossReceipts
Total Retained By Contractors	52752	TotalRetainedByContractors
Total Net To Organization	0	TotalNetToOrganization
Licensed States	NY	LicensedStates

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	Scholar Dinner	NameOfEvent1
Gross Receipts Event1	422602	GrossReceiptsEvent1
Charitable Contributions Event1	357587	CharitableContributionsEvent1
Gross Revenue Event1	65015	GrossRevenueEvent1
Food And Beverage Event1	51893	FoodAndBeverageEvent1
Other Direct Expenses Event1	99419	OtherDirectExpensesEvent1
Total Number Of Other Events	0	TotalNumberOfOtherEvents
Gross Receipts Total	422602	GrossReceiptsTotal
Charitable Contributions Total	357587	CharitableContributionsTotal
Gross Revenue Total Events	65015	GrossRevenueTotalEvents
Food And Beverage Total Events	51893	FoodAndBeverageTotalEvents
Other Direct Expenses Total Events	99419	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	151312	DirectExpenseSummaryEvents
Net Income Summary	-86297	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	SCHOLARSHIPS	TypeOfGrant
Number Of Recipients	1346	NumberOfRecipients
Amount Of Cash Grant	13602410	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	GRANTS AND OTHER ASSISTANCE IN THE UNITED STATES	Identifier
Return Reference	FORM 990, SCHEDULE I, PART I, LINE 2	ReturnReference
Explanation	The University provides scholarships to students matriculating at the University; therefore, all funds granted are used to defray the cost of tuition and no further monitoring of the grants is required.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (3 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
Guy Lometti
163175	0	0	0	0	0	13150	0	0	0	176325	0	0	0
Abed Elkeshk
167675	0	0	0	0	0	13150	0	0	0	180825	0	0	0
Charles L Flynn Jr
273959	0	0	0	0	0	19600	0	6781	0	300340	0	0	0

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	New York Industrial Development Agency	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	132906040	IssuerEIN
CUSIP Number	649438BD9	CUSIPNumber
Date Issued	2006-06-01	DateIssued
Issue Price	22117032	IssuePrice
Description Of Purpose	BUILD AND REFURBISH DORMS	DescriptionOfPurpose
Defeased	false	Defeased
On Behalf Of Issuer	false	OnBehalfOfIssuer
Pool Financing	false	PoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Amount Retired	2430250	AmountRetired
Total Proceeds	22695250	TotalProceeds
Amount In Reserve Fund	1546137	AmountInReserveFund
Issuance Costs From Proceeds	1337172	IssuanceCostsFromProceeds
Capital Expenditures	18097967	CapitalExpenditures
Year Of Subst Completion	2007	YearOfSubstCompletion
Current Refunding	true	CurrentRefunding
Advance Refunding	false	AdvanceRefunding
Final Allocation Made	true	FinalAllocationMade
Adequate Books And Recds Maintaind	true	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Owning Bond Financed Property	false	OwningBondFinancedProperty
Any Lease Arrangements	false	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	false	MngmentCntrctBondFinancdPrprty
Any Research Agreements	false	AnyResearchAgreements
Bond Counsel Routinely Engaged	false	BondCounselRoutinelyEngaged
Post Issuance Compliance Procdrs	true	PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	false	Form8038TFiled
Variable Rate Issue	true	VariableRateIssue
Hedge Identified In Books And Recds	false	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGIC
Gross Proceeds Invested	false	GrossProceedsInvested
Exception To Rebate	true	ExceptionToRebate

Form990 Schedule K Part V Form990ScheduleKPartV

Field	Value	IRS element (for citing)
Identifier	Schedule K - Tax-Exempt Bond Compliance	Identifier
Explanation	The College's tax exempt bond financing is being used to finance and refinance a portion of the costs of the following civic facilities on the College's campus: 1. Renovation, equipping and furnishing of two existing four story residence halls "Alumnae Hall" and "Spellman Hall." 2. Construction, equipping and furnishing of a new five story residence hall "Mastronardi Hall" and related site work. The bond financing is also being used as current refunding of the College's outstanding March 25, 1993 Revenue bonds which were used to finance renovations to and equip and furnish the College's auditorium/gymasium, science hall, administration building, and Grace Center. Schedule K, Part II, Line 5 The College incurred $894,831 in credit enhancement fees. These fees are included with the bond issuance costs (as required by the Form 990).	Explanation

Schedule M IRS990ScheduleM

Field	Value	IRS element (for citing)
Works Of Art		WorksOfArt
Art Historical Treasures		ArtHistoricalTreasures
Art Fractional Interest		ArtFractionalInterest
Books And Publications		BooksAndPublications
Clothing And Household Goods		ClothingAndHouseholdGoods
Cars And Other Vehicles		CarsAndOtherVehicles
Boats And Planes		BoatsAndPlanes
Intellectual Property		IntellectualProperty

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	25	NumberOfContributions
Noncash Contribs Rptd F990	473429	NoncashContribsRptdF990
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStock
Securities Prtnrshp Trust Intrsts		SecuritiesPrtnrshpTrustIntrsts
Securities Miscellaneous		SecuritiesMiscellaneous
Qualified Contrib Hist Struct		QualifiedContribHistStruct
Qualified Contrib Other		QualifiedContribOther
Real Estate Residential		RealEstateResidential
Real Estate Commercial		RealEstateCommercial
Real Estate Other		RealEstateOther
Collectibles		Collectibles
Food Inventory		FoodInventory
Drugs And Medical Supplies		DrugsAndMedicalSupplies
Taxidermy		Taxidermy
Historical Artifacts		HistoricalArtifacts
Scientific Specimens		ScientificSpecimens
Archaeological Artifacts		ArchaeologicalArtifacts

Other Non Cash Contributions Table OtherNonCashContributionsTable

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Description	Rug	Description
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	14000	NoncashContribsRptdF990
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	true	ReviewProcessUnusualNCGifts
Third Parties Used	true	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

Field	Value	IRS element (for citing)
Identifier	NONCASH CONTRIBUTIONS	Identifier
Return Reference	FORM 990, SCHEDULE M, PART I, LINE 32	ReturnReference
Explanation	The College routinely receives contributions of publicly traded securities. The College uses a third party investment bank to process or sell stock contributions.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
POLICIES	FORM 990, PART VI, SECTION B	Line 11 - The Form 990 was prepared by a nationally renowned accounting firm in conjunction with the organization's financial department. A copy of the draft Form 990 was circulated to the full Board of Trustees for discussion and comment. Each Board Member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the Internal Revenue Service. LINE 12 - potential conflicts of interest are reviewed annually by the audit committee. Relationships between Board members, officers or key employees of the College must be fully disclosed. In such instance, the trustee, officer, or key employee of the College must: A. Trustees 1) if a trustee discloses the existence of such interest and describes the nature thereof to the other trustees at such time as one becomes aware of it, and in all instances prior to the time final action is taken by the Board and/or the Executive Committee with respect to that matter; 2) abstain from voting thereon, with the meeting minutes recording such abstention; and 3) recuse himself/herself from the meeting during some portion of the discussion of the matter if the Board Chairman so requests This policy, however, should not be construed as preventing the trustee from briefly stating his/her position in the matter, nor from answering pertinent questions of other trustees, nor from recommending that the trustees enter into such transaction, since his/her knowledge may be of great assistance to the entire Board. B. Officers 1) if an officer discloses the existence of such interest and describes the nature thereof to the President at such time as one becomes aware of it, and in all instances prior to the time the final action is taken by those responsible for the recommendation and/or decision involved; 2) abstain from making a recommendation or decision on the matter involved and submit a written statement to the office of the President reporting having recused himself/herself thereon; The President shall inform the Executive Committee of the Board. C. Key Employees 1) if a key employee disclosed the existence of such interest and describes the nature thereof to the appropriate senior administrator and to the President at such time as one becomes aware of it, and in all instances, prior to the time the final action is taken by those responsible for the recommendation and/or decision involved; 2) abstain from making or participating in making a recommendation or decision on the matter involved and submit a written statement to the office of the appropriate vice president reporting having recused himself/herself thereon. LINE 15 - The process of determining the President's compensation is determined and voted on by the Board of Trustees. THE EXECUTIVE COMMITTEE, WHICH IS RESPONSIBLE FOR REVIEWING AND DOCUMENTING THE COMPENSATION OF THE PRESIDENT, USES DATA PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT. DOCUMENTATION OF THE EXECUTIVE COMMITTEE'S DELIBERATIONS REGARDING PRESIDENTIAL COMPENSATION DECISIONS IS PREPARED, APPROVED BY THE COMMITTEE AND FILED WITH OTHER BOARD-RELATED DOCUMENTS THAT ARE MAINTAINED AT THE COLLEGE. THE EXECUTIVE COMMITTEE REPORTS CHANGES TO THE PRESIDENT'S COMPENSATION IN EXECUTIVE SESSION TO THE FULL BOARD. The process of setting compensation for other officers (VP's) of the organization is determined by the CEO (President) based upon comparability data.
DISCLOSURE	FORM 990, PART VI, SECTION C	LINE 19 - The College makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.
Part XI, Line 5		Other Changes in Net Assets Unrealized Gains on Investments $ 731,923
Form 990, Part V, Line 3a & 3b		The College's unrelated business income did not exceed $1,000 during the year; nevertheless, the organization does file a Form 990-T.