2012-03-01T11:56:51-07:00 2011-06-30 990 2010-07-01 160743126 ROBERTS WESLEYAN COLLEGE ROBE 5855946000 2300 Westside Drive Rochester NY 14624 James Cuthbert 5855946000 2012-03-01 2010 2016-02-24 21:20:13Z John Martin 2301 Westside Drive Rochester NY 14624 51328465 0 X www.roberts.edu X 1866 NY As a community of learners committed to historic Christianity, Roberts Wesleyan College seeks to prepare thoughtful, spiritually mature, service-oriented people who will help transform society. 27 27 1265 90 16500 16500 1797116 4080125 43859160 42818268 -29990 805079 934341 946181 46560627 48649653 10154556 10259118 0 0 21597524 21109723 0 0 924350 12818888 13332353 44570968 44701194 1989659 3948459 83259275 91262065 10542120 12514106 72717155 78747959 As a community of learners committed to historic Christianity, Roberts Wesleyan College seeks to prepare thoughtful, spiritually mature, service-oriented people who will help transform society. 0 0 38734033 10259118 44553028 Educational institutions and related activities: College liberal arts programs in the Christian tradition to prepare students for service to humanity in business, the arts, and a variety of human service fields. (Approx 1900 students) 0 0 0 38734033 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 214 0 1 1265 1 1 1 1 CJ 0 0 1 1 1 1 0 0 0 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 X X Robert Rood AVP of Finance 5855946000 2300 Westside Drive Rochester NY 14624 Lorne Jackson 2 X X 0 0 0 Terry Taber 2 X X 0 0 0 Norman Leenhouts 2 X X 0 0 0 Mary Perna 2 X X 0 0 0 Joshua Bouk 2 X 0 0 0 Gilbert Chang 2 X 0 0 0 John Cooke 2 X 0 0 0 Paul Crowell 2 X 0 0 0 George Grace 2 X 0 0 0 Allen Hawn 2 X 0 0 0 David Hughes 2 X 0 0 0 Roy King 2 X 0 0 0 David Lascell 2 X 0 0 0 Paul Lysander 2 X 0 0 0 Duncan O'Dwyer 2 X 0 0 0 Dwight Palmer 2 X 0 0 0 Stephen Pelton 2 X 0 0 0 Lesley Perry 2 X 0 0 0 Mary Richards 2 X 0 0 0 David Rinker 2 X 0 0 0 Deborah Schmidt 2 X 0 0 0 Robert Smith 2 X 0 0 0 Richard Snyder 2 X 0 0 0 Steven von Berg 2 X 0 0 0 Caryl Wenzke 2 X 0 0 0 Daniel Wolfe 2 X 0 0 0 Mary Worboys-Turner 2 X 0 0 0 John Martin 40 X 211039 0 9533 James Cuthbert 40 X 145111 0 4597 Robert Zwier 40 X 135197 0 11343 Samuel Connell 40 X 126491 0 10777 Nelson Hill 40 X 102165 0 3148 Gary Walsh 40 X X 141100 0 9085 David Basinger 40 X 100971 0 15280 962074 0 63763 7 1 1 0 Aramark Inc 2301 Westside Drive Rochester NY 14624 Food service providers 1728700 Dixon Schwabl Advertising Inc 1595 Mosely Road Victor NY 14564 Marketing support 490503 Follett Higher Education Group Store # 650 2301 Westside Drive Rochester NY 14624 Bookstore operations 490166 Thompson and Dilcher LLC 59 South Lake Ave Bergen NY 14416 Construction firm 355133 Royall and Company 1920 E Parham Road Richmond VA 23228 Marketing support 292988 6 0 0 0 0 1111307 2968818 0 4080125 Gross tuition and fees 611310 36542841 36542841 0 0 Room and Board 611310 5374650 5374650 0 0 Other student fees 611310 900777 900777 0 0 0 0 0 0 42818268 476534 460034 16500 0 0 0 0 0 0 0 0 0 0 0 3007357 0 2678812 0 328545 0 328545 328545 0 0 0 Reimbursements and other 611310 946181 946181 0 0 0 0 0 0 946181 48649653 44553028 16500 0 0 0 10259118 10259118 0 0 0 0 731673 278778 302141 150754 0 0 0 0 15806523 13515472 2018037 273014 123945 105980 1197 16768 3128294 2589485 477400 61409 1319288 1102371 183877 33040 0 0 0 0 22316 0 21393 923 53100 0 53100 0 0 0 0 0 0 0 0 0 1050571 931003 46654 72914 1311489 697492 538967 75030 1112414 659477 329122 123815 659579 135166 524413 0 0 0 0 0 1895811 1735407 146256 14148 978134 823247 123665 31222 0 0 0 0 180306 155505 23347 1454 236534 236393 141 0 0 0 0 0 2919621 2802707 100779 16135 325230 287010 36109 2111 Academic costs, books, etc. 2258763 2191054 67709 0 Equipment and other 241658 142320 48504 50834 Bad debt expense 17076 17076 0 0 Tuition waivers 63622 63622 0 0 Other misc 6129 5350 0 779 0 0 0 0 44701194 38734033 5042811 924350 0 0 7842715 11216210 1313199 772282 2855406 3261522 0 0 0 0 3705648 3711335 86920 126333 447354 469975 82833577 32946745 50218388 49886832 11786443 15865495 4074864 4993571 0 0 0 0 928338 958510 83259275 91262065 2042619 2113924 2622163 2928795 1241202 1150515 0 0 0 0 0 0 641567 541582 6000 6000 3988569 5773290 10542120 12514106 X 65458992 68890066 1323516 1901984 5934647 7955909 72717155 78747959 83259275 91262065 X 3948459 2082345 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 13508769 2173748 2915703 709914 0 0 17888306 12442612 323555 1444552 701950 0 0 13508769 16224042 633408 -3686010 728828 0 0 12442612 0.49 0.44 0.07 1 0 0 2007409 2007409 0 61490030 19978091 41511939 0 0 0 0 0 14838983 10879356 3959627 0 4497155 2089298 2407857 49886832 3935224 F 242986 C Cash surrender value of life insurance 815361 F 4993571 Contributions from split int agreements 405192 Due from Northeastern Seminary 553318 958510 0 Present value of annuities payable 1845604 Interest rate swap liability 787586 Asset retirement obligation 1233020 Investment funds held for Northeastern Seminary 1907080 5773290 48649653 44701194 3948459 2315287 0 0 0 -232942 2082345 6030804 40472880 2315287 0 0 -10259118 -7943831 48416711 0 232942 232942 48649653 34442076 0 0 0 -10259118 -10259118 44701194 0 0 0 44701194 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Endowment funds are generally used to fund scholarships and other donor specified activities or programs. SchD_P10_S00_L02 Schedule D, Part X, Line 2 Roberts Wesleyan College is a not-for-profit corporation exempt from income taxes as an organization qualified under Section 501(c)(3) of the Internal Revenue Code. Roberts Wesleyan College has also been classified as an organization that is not a private foundation. CGRI is a for-profit corporation organized under Section 402 of the New York State Business Corporation Law. The tax-exempt status of the College is considered to be an uncertainty, since events could potentially occur to jeopardize their tax-exempt status. As of June 30, 2011 and 2010, the College does not have a liability for unrecognized tax benefits. The College files tax returns in the U.S. Federal and New York State jurisdictions. The College is no longer subject to U.S. Federal income tax examinations by tax authorities for years through 2007. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 -232,942= Change in value of split interest agreements 316,434, investment income allocated to 501(c)(3) affiliate (306,876), Non-operating transfer to affiliate -$242,500 SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Institutional aid netted against gross tuition revenues SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Transfer to 501(c)(3) affiliate $242,500, change value of split interest agreements -$316,434, Investment income allocated to 501(c)(3) affiliate $306,876 SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Institutional aid ($10,259,118) 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 Roberts Wesleyan College complies with all applicable non-discrimination laws and is committed to the enhancement of human dignity and workplace diversity. This is advertised in employment related ads and on our website at www.roberts.edu. SchE_P01_S00_L06 Schedule E, Part I, Line 6 Roberts Wesleyan receives grants from both Federal and New York State governments. This includes aid administered through the Perkins Loan and Pell Grant programs, SEOG, and College Works-Study (Federal) and Bundy Aid, TAP, and Nursing Grants received through New York State. These amounts are used in direct or indirect support of students, to help offset, in part, the costs of tuition, books, and other costs of attendance. Additionally, the college may receive capital grants from both Federal and State agencies which are used to help upgrade facilities 1 Scholarships 1920 10259118 0 Determined by date of enrollment Scholarship assistance to students which reduces net amount payable to the College. SchI_P01_S00_L02 Schedule I, Part I, Line 2 Operating support for Northeastern Seminary per Roberts Wesleyan College Board of Trustees X X X 1 1 X X X X X X 1 1 0 0 0 0 0 0 0 John Martin 211039 0 0 0 0 0 4692 0 4841 0 220572 0 0 Gary Walsh 141100 0 0 0 0 0 3595 0 5490 0 150185 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Schedule J, Part I, Line 1a - The College President's spouse is considered a key representative of the college and therefore travel costs related to certain official college related meetings are covered for her. The College President resides in college provided housing which also serves as a place for meeting with college guests, students, donors, and alumni at various times. Also, the college does pay dues for the President for one major club in the Rochester, New York area to provide quality, off-campus meeting venues. Only individuals, not organizations, are allowed to join this club. The President uses this membership entirely for college related business. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 A portion of reported compensation for Gary Walsh was part of a mutually agreed upon contract buyout $35,000 paid in 2010. John A. Martin participated in a non-qualified retirement plan, which was funded at $25K for 2010. No amounts were paid out, however, under this plan. F990_P01_S00_L05 Form 990, Part I, Line 5 This number reflects W-2 forms issued, which overstates the number of employee for the College. Total employee headcount for FY 2010-11 was 375 for faculty/staff and about 300 students for a total of 675. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Mary Perna works as an independent contractor for another Trustee. David Lascell is an attorney with a regional law firm and may, from time to time, have transactions which may involve other board members or their companies. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a The form 990 is reviewed in detail with the members of the Board's Business Affairs Committee. The full board also has access to the draft form 990 on a corporate intranet site. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c A report of compliance with the conflict of interest policy is undertaken by the SVP and Treasurer. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board's compensation committee reviews all key employee salary in conjunction with the VP of Administration and using benchmarking data from both local and national pay databases. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Such documents are currently available upon request. Financial Statements are also available via College website and NACUBO's website. F990_P11_S00_L05 Form 990, Part XI, Line 5 $2,082,345= Unrealized gains $2,315,287, Investment income allocated to 501(c)(3) affiliate ($306,876), Non-operating support of affiliate ($242,500), Changes in value of split-interest agreements $316,434. Northeastern Seminary 2265 Westside Drive Rochester NY 14624 161554414 Seminary-graduate course programs in Divinity NY 501(c)(3) 2 N/A 0 Housing Development Foundation Inc 2301 Westside Drive Rochester NY 14624 161583317 Housing for college students NY 501(c)(3) 9 N/A 0 College Greene Residences Inc 2301 Westside Drive Rochester NY 14624 161360689 Retirement community NY Roberts Wesleyan College C 52987 448798 1 1 1 0 1 0 0 0 0 1 1 1 0 1 1 1 1 1 1 College Greene Residences Inc a-i 16500 6% of loan balance o/s during the year.