2012-12-14T10:09:30-07:00 2012-05-31 743118183 Drescher & Malecki LLP 3083 William St Suite 5 Cheektowaga NY 14227 990 2011-06-01 160759798 Daemen College DAEM 7168398218 4380 Main Street Amherst NY 142263592 Robert Beiswanger Jr 7168398218 2012-12-14 1 Wayne Drescher P00739175 7165652299 2012-11-15 2011 2016-02-24 21:20:13Z Dr Edwin G Clausen Daemen College 4380 Main Street Amherst NY 14226 62148128 0 X www.daemen.edu X 1947 NY Education - private, independent college. 30 27 1626 90 0 0 2934135 3713082 52665451 57226179 607090 617384 525079 591483 56731755 62148128 15952254 18294692 0 0 24755816 27306006 0 25100 592616 14564111 18291623 55272181 63917421 1459574 -1769293 81474315 81470680 47482028 50100737 33992287 31369943 Private, independent college providing higher education to students. 0 0 55254641 18294692 58435046 See above. 0 0 0 55254641 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 126 0 1 1626 1 0 0 0 0 0 1 1 0 0 0 0 X 30 27 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 0 1 0 1 0 X Robert C Beiswanger Jr 7168398218 4380 Main Street Amherst NY 142263592 Caroline Buerk 0.8 X 0 0 0 Thomas Brydges 0.8 X 0 0 0 Dale Demyanick 0.8 X 0 0 0 Audre Bunis 0.4 X 0 0 0 Catherine LePage-Campbell 0.4 X 0 0 0 Robert Chur 0.4 X 0 0 0 Richard Day 0.4 X 0 0 0 Jed Dietrich 0.4 X 0 0 0 Dr Kristin Fries 40 X 67226 0 61945 Marie Hare 0.4 X 0 0 0 Peter Hunt 0.4 X 0 0 0 Donald Hutton 0.4 X 0 0 0 Roy Innis 0.4 X 0 0 0 Kathryn Karlic 0.4 X 0 0 0 Seymour Knox IV 0.4 X 0 0 0 Dr Jeffrey Meilman 0.4 X 0 0 0 Lynn Milane 0.4 X 0 0 0 Sr Dorothy Mueller 0.4 X 0 0 0 Gregory Oehler 0.4 X 0 0 0 Robert Savarino 0.4 X 0 0 0 Dr Thomas Stewart 0.4 X 0 0 0 Connie Vari 0.4 X 0 0 0 D Scott N Warman 0.4 X 0 0 0 Ellen White 0.4 X 0 0 0 Sr Edith Wyss 0.4 X 0 0 0 Wayne Wisbaum 0.4 X 0 0 0 Barbara Howe 0.4 X 0 0 0 Dr Hratch Karamanoukian 0.4 X 0 0 0 Thomas Reynolds 0.4 X 0 0 0 Dr Edwin Clausen 40 X X 184104 0 63332 Robert Beiswanger Jr 40 X 138289 0 24439 Dr Richanne Mankey 40 X 125422 0 21926 Dr David Cristantello 40 X 118457 0 33908 Dr Michael Brogan 40 X 116397 0 18906 Dr Patricia Brown 40 X 110237 0 22126 Michael Looker 40 X 92537 0 20625 Dr Mary Lou Rusin 40 X 154537 0 11941 Dr Gregg Shutts 40 X 118939 0 21149 Diane Ryan 40 X 112046 0 18987 Cheryl Nosek 40 X 109492 0 8975 Dr Joel Patterson 40 X 105808 0 19949 Dr Martin J Anisman 0 X 205250 0 30904 1758741 0 379112 20 1 1 0 Manguso Architects PLLC 4080 Ridge Lea Rd Buffalo NY 14228 Architects 110900 James Girard 42 Pine Woods Ave Tonawanda NY 14150 Painting and Construction 134382 Jaeckle Fleischmann & Mugel LLP Avant Building Suite 900 Buffalo NY 14202 Law Firm 102571 Tri Main Development LLC 2495 Main St Buffalo NY 14214 Property Managment Co 277226 4 0 0 156112 0 3031492 525478 4123 3713082 Tuition and Fees 611310 49950188 49950188 0 0 Sales & service of auxiliary enterprise 611710 7275991 7275991 0 0 0 0 0 0 57226179 571804 571804 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 45580 0 0 0 45580 0 45580 45580 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Bookstore/Food Commissions 900099 116078 116078 0 0 Student Activities Revenue 900099 96146 96146 0 0 Overhead Recoveries 900099 87999 87999 0 0 291260 291260 0 0 591483 62148128 58435046 0 0 0 0 18294692 18294692 0 0 0 0 1244949 128410 958472 158067 0 0 0 0 19971687 18490876 1258839 221972 958472 843628 97146 17698 3633223 3363836 229006 40381 1497675 1316286 154930 26459 0 0 0 0 99585 0 99585 0 45010 0 45010 0 0 0 0 0 25100 25100 96225 0 96225 0 371130 314107 52983 4040 341594 341594 0 0 2032554 1631234 348668 52652 476321 321530 154791 0 1665 1665 0 0 2936227 2878507 57720 0 935582 770987 136881 27714 0 0 0 0 28683 28683 0 0 1795785 1795785 0 0 0 0 0 0 2382196 2382196 0 0 160086 68769 91317 0 Change in Value of Derivatives 3977379 0 3977379 0 Food Service-Students 1153366 1153366 0 0 Direct Mail Services 213389 213389 0 0 Resident Assistants 202050 202050 0 0 1042796 713051 311212 18533 63917421 55254641 8070164 592616 1231646 2450764 14114746 10161326 606493 753673 1227669 1182176 0 0 0 0 2982825 2993395 0 0 251527 356634 84690009 38165471 43573412 46524538 11335407 10982244 3251608 3209387 0 0 2898982 2856543 0 0 81474315 81470680 683464 790614 0 0 1765165 1615873 35120000 34295000 822058 559338 0 0 0 0 0 0 9091341 12839912 47482028 50100737 X 29345262 26340923 3604758 4877390 1042267 151630 33992287 31369943 81474315 81470680 X -1769293 -853051 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 822058 569840 832560 559338 1 7130497 342721 -229177 23055 0 60260 7160726 5856578 352008 1003916 26429 0 55576 7130497 5120013 254820 546872 16000 0 49127 5856578 6363522 105924 -1299306 6250 0 43877 5120013 0.61 0.02 0.37 1 0 0 807678 807678 0 52627704 16414155 36213549 0 390998 78200 312798 0 14911214 14185310 725904 0 15952415 7487806 8464609 46524538 0 0 Funds held by bond trustees 3209387 F 3209387 0 Accrued salaries, wages and pension 1949692 Accrued interest 111577 Post employment benefits payable 169740 U.S. government advances 977146 Derivative liability 9631757 12839912 62148128 63917421 -1769293 -853051 0 0 0 0 -853051 -2622344 61295077 -853051 0 0 0 -853051 62148128 0 0 0 62148128 59940042 0 0 0 0 0 59940042 0 3977379 3977379 63917421 SchD_P04_S00_L01b Schedule D, Part IV, Line 1b The College performs administrative functions for three agencies. The amounts reported represent the assets the College has fiduciary duties to maintain and control. SchD_P04_S00_L02b Schedule D, Part IV, Line 2b The College performs administrative functions for three agencies. The amounts reported represent the assets the College has fiduciary duties to maintain and control. SchD_P05_S00_L04 Schedule D, Part V, Line 4 Endowment Funds are intended to be used for scholarships or other expenditures to further the College's mission of higher education. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Change in value of derivative. 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 policy is communicated through the website, student and employee handbooks, print ads, and broadcast media. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The College receives aid from New York State including: Bundy Aid, Higher Education Opportunity Grant, Library Grant, TLQP Research Grant, and DASNY HeCap Grant. The College also receives aid from the U.S. Government including: U.S. Department of Education Title III and Title IV Programs, Department of Health and Human Services Nursing Grants, FIPSE-NAMP, Burn Analysis Grant, and Department of Energy Grant. X X X X X X X 1 RuffaloCODY PO Box 3018 Cedar Rapids IA 52406 Consults on email and phone campaigns. 0 38891 25100 13791 38891 25100 13791 All States Golf tournament 59349 0 59349 0 0 26451 6112 0 0 Annual Fund 96763 0 96763 0 0 0 0 0 0 0 156112 0 156112 0 0 26451 6112 0 0 32563 123549 1 Student financial aid grants 2101 18294692 0 Book SchI_P01_S00_L02 Schedule I, Part I, Line 2 Student financial aid is credited to the individual student accounts, and their net balances are monitored by the Business Office. X 1 1 X X X 1 0 0 0 0 0 0 0 0 Dr Martin J Anisman 195767 0 0 0 9483 0 8000 0 0 0 213250 0 17784 0 Dr Edwin Clausen 169725 0 0 0 14379 0 14380 0 0 0 198484 0 12035 0 Robert Beiswanger Jr 118217 0 0 0 20072 0 11218 0 0 0 149507 0 10892 0 Dr Mary Lou Rusin 134378 0 0 0 20159 0 10649 0 0 0 165186 0 9960 0 Dr David Cristantello 112437 0 0 0 6020 0 9631 0 0 0 128088 0 9352 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The President of the College receives a housing allowance. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The college uses the following to establish the compensation of the organization's CEO/President: Compensation Committee, written employment contract, and approval by the Board. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Dr. Martin J. Anisman retired as President of the College on 5/31/11. His severance package included $234,750 in salary to be paid over two years and $3,564 in health insurance premiums to be paid over six months. Town of Amherst Industrial Development Agency 161136451 031362EH5 2006-06-30 20925000 Refund & defease 2001A bonds 0 0 0 Town of Amherst Industrial Development Agency 161136451 031362EJ1 2006-06-30 17075000 Construction & equipment for new librar 0 0 0 2695000 0 20925000 1436398 0 18275654 434918 637393 0 0 140637 0 2006 0 1 1 1 1185000 0 17075000 1064941 575186 0 365107 568492 0 14500435 839 0 2006 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 Morgan Stanley 20.0 0 0 1 Morgan Stanley 25.0 1 0 1 0 1 1 Morgan Stanley 30.0 0 0 1 Morgan Stanley 30.0 1 0 1 Thomas Brydges Trustee of the College 137573 Legal services by his law firm 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the Board of Trustees prior to filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The written Conflict of Interest Policy covers employees and trustees; Officers ensure that all of their employees required to submit a Conflict of Interest Statement do so. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The College's President's compensation is reviewed and approved by the Executive Committee of the Board of Trustees, with documentation in the minutes. F990_P06_S0C_L17 Form 990, Part VI, Section C, Line 17 Daemen College is not required to file the Form 990 with New York State or any other State. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Copies of governing documents, conflict of interest policy, and financial statements are available upon request. Also, the financial statements are available on another's website - www.guidestar.org. F990_P11_S00_L05 Form 990, Part XI, Line 5 Other changes in net assets are the unrealized loss on investments. 4380 Main Street Inc 4380 Main Street Amherst NY 14226 161003033 Liquor License NY C 0 2273 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 An application for extention of time to file for an expempt organization return (Form 8868) which was accepted by the IRS on 9/28/2012.