COLLEGE OF NEW ROCHELLE: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- COLLEGE OF NEW ROCHELLE (EIN 13-1740447)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-16
- IRS object ID
- 201101369349304235
- Schema version
- 2009v1.2
- 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 L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-16T12:16:06-07:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131740447 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEGE OF NEW ROCHELLE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COLL | NameControl |
| Phone | 9146545000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 Castle Place | AddressLine1 |
| City | New Rochelle | City |
| State | NY | State |
| ZIP Code | 108052330 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEITH BORGE | Name |
| Title | VP Financial Affairs | Title |
| Phone | 9146545939 | Phone |
| Date Signed | 2011-05-13 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KEITH BORGE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 CASTLE PLACE | AddressLine1 |
| City | NEW ROCHELLE | City |
| State | NY | State |
| ZIP Code | 10805 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 68070861 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.cnr.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1904 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | See Schedule O. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1595 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8662385 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4051918 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 61362674 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 60044071 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2113231 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1160660 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 318042 | OtherRevenuePriorYear |
| Other Revenue Current Year | 695387 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 72456332 | TotalRevenuePriorYear |
| Total Revenue Current Year | 65952036 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10534879 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 9919895 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 38299082 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 35036346 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 91489 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 51026 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2550642 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 21620633 | OtherExpensePriorYear |
| Other Expenses Current Year | 21436006 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 70546083 | TotalExpensesPriorYear |
| Total Expenses Current Year | 66443273 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1910249 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -491237 | RevenuesLessExpensesCY |
| Total Assets BOY | 113293329 | TotalAssetsBOY |
| Total Assets EOY | 111664820 | TotalAssetsEOY |
| Total Liabilities BOY | 80704353 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 80227408 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 32588976 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 31437412 | NetAssetsOrFundBalancesEOY |
| Mission Description | See Schedule O. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 45816365 | Expense |
| Grants | 9919895 | Grants |
| Revenue | 54576929 | Revenue |
| Description | Higher Education: The College of New Rochelle provides undergraduate and graduate education for 3868 students attending the School of Arts & Sciences, the School of Nursing, the School of New Resources and 991 students attending the Graduate School. Expenses include instruction, academic support, library and various administrative costs. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 6291137 | Expense |
| Grants | 0 | Grants |
| Revenue | 5092339 | Revenue |
| Description | Room and Board for students residing on the New Rochelle campus and general fee for all students. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 52107502 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 60 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1595 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The College of New Rochelle | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9146545000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Attn Financial Affairs | AddressLine1 |
| City | New Rochelle | City |
| State | NY | State |
| ZIP Code | 108052330 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (32 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Hugh F Johnston | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Margaret Mary Kelleher OSU | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| John C Nicholson | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Sadie L Smith | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Sister Jean Baptiste Nicholson | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| James Plowden Wardlaw | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Carla Romita | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Sister Diana Stano | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Marcelle Willock | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Sister Stephanie Wilson | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Michael Ambler | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Lillian Brennan Carney | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Mary Hogan Hearle | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Anne Vitale | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Sister Regina Kehoe | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Dolores Battalia | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Joseph Farina | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Kathleen Finnerty OSU | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Joan Freilich | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Thomas A Conniff | ||||||||
| Board Secretary | 1 | X | 0 | 0 | 0 | |||
| Judith Kenny | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Chritianne Ricchi | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Stephen Sweeny | ||||||||
| President | 40.00 | 401071 | 0 | 0 | X | |||
| Judith Huntington | ||||||||
| Vice President | 40.00 | 256753 | 0 | 0 | X | |||
| Dorothy Escribano | ||||||||
| Vice President | 40.00 | 220173 | 0 | 0 | X | |||
| Ellen Curry Damato | ||||||||
| Vice President | 40.00 | 230571 | 0 | 0 | X | |||
| Keith Borge | ||||||||
| Controller | 40.00 | 131420 | 0 | 0 | X | |||
| Brenna Mayer | ||||||||
| Vice President | 40.00 | 173198 | 0 | 0 | X | |||
| Joan Bristol | ||||||||
| Vice President | 40.00 | 194010 | 0 | 0 | X | |||
| Joan Bailey | ||||||||
| Vice President | 40.00 | 190186 | 0 | 0 | X | |||
| Elza Dinwiddie Boyd | ||||||||
| Dean | 40.00 | 133363 | 0 | 0 | X | |||
| Richard Thompson | ||||||||
| Dean | 40.00 | 128205 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2058950 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 34 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation | Address Line2AddressOfContractor/AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|
| DB Systems Corp | ||||||
| 34 South Broadway | White Plains | NY | 10601 | Computer database services | 1973577 | |
| Paskill Stapelton & Lord | ||||||
| One Roberts Avenue | Glennside | PA | 19038 | Enrollment Management | 239779 | |
| Waldorf & Associates | ||||||
| PO Box 590 | Huntington | NY | 11743 | insurance broker | 1742853 | |
| Stamats Communications | ||||||
| 615 Fifth St | Cedar Rapids | IA | 52406 | admissions materials | 270445 | PO Box 1888 |
| Sodexo Inc Affiliates | ||||||
| PO Box 81049 | Woburn | MA | 01813 | college food and catering services | 1827291 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 18 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 0 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 2524968 | GovernmentGrants |
| All Other Contributions | 1526950 | AllOtherContributions |
| Noncash Contributions | 70760 | NoncashContributions |
| Total Contributions | 4051918 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Tuition and Fees | 611310 | 54576929 | 54576929 | 0 | $0 |
| Room and Board | 611310 | 2568824 | 2568824 | 0 | $0 |
| General Fees | 611310 | 2535845 | 2535845 | 0 | $0 |
| Other Auxiliary | 611310 | 362473 | 362473 | 0 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 60044071 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 498926 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $498,926 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2780559 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2118825 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 661734 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 661734 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $661,734 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 0 | CntrbtnsRprtdFundraisingEvents |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Net Assets Released | Description |
| Business Code | 611310 | BusinessCode |
| Total Revenue Column | 695387 | TotalRevenueColumn |
| Related Or Exempt Function Income | 695387 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 695387 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 65952036 | TotalRevenueColumn |
| Related Or Exempt Function Income | 60739458 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,160,660 | 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 | 9919895 | Total |
| Program Services | 9919895 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1130907 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 1130907 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28672794 | Total |
| Program Services | 24230744 | ProgramServices |
| Management And General | 3551733 | ManagementAndGeneral |
| Fundraising | 890317 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3015891 | Total |
| Program Services | 2548663 | ProgramServices |
| Management And General | 373582 | ManagementAndGeneral |
| Fundraising | 93646 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2216754 | Total |
| Program Services | 1873330 | ProgramServices |
| Management And General | 274592 | ManagementAndGeneral |
| Fundraising | 68832 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144810 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 144810 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 124100 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 124100 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23371 | Total |
| Program Services | 23371 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51026 | Total |
| Fundraising | 51026 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 109329 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 109329 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 730584 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 523574 | ManagementAndGeneral |
| Fundraising | 207010 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3916726 | Total |
| Program Services | 1769471 | ProgramServices |
| Management And General | 1884882 | ManagementAndGeneral |
| Fundraising | 262373 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2295725 | Total |
| Program Services | 573931 | ProgramServices |
| Management And General | 1147863 | ManagementAndGeneral |
| Fundraising | 573931 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5997038 | Total |
| Program Services | 5067964 | ProgramServices |
| Management And General | 742860 | ManagementAndGeneral |
| Fundraising | 186214 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2728037 | Total |
| Program Services | 2305404 | ProgramServices |
| Management And General | 337925 | ManagementAndGeneral |
| Fundraising | 84708 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2585700 | Total |
| Program Services | 2185118 | ProgramServices |
| Management And General | 320294 | ManagementAndGeneral |
| Fundraising | 80288 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 760526 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 760526 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Food Service | 1609611 | 1609611 | 0 | 0 |
| Postage and Shipping | 79249 | 0 | 26952 | 52297 |
| Telephone | 217200 | 0 | 217200 | 0 |
| Investment Expenses | 114000 | 0 | 114000 | 0 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66443273 | Total |
| Program Services | 52107502 | ProgramServices |
| Management And General | 11785129 | ManagementAndGeneral |
| Fundraising | 2550642 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90342 | BOY |
| EOY | 297576 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10414424 | BOY |
| EOY | 9686137 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5371002 | BOY |
| EOY | 4103960 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30743 | BOY |
| EOY | 16486 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4966466 | BOY |
| EOY | 4685496 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40235 | BOY |
| EOY | 34160 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 302918 | BOY |
| EOY | 320449 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 122346774 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 59212947 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63415784 | BOY |
| EOY | 63133827 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17434845 | BOY |
| EOY | 19539540 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5966 | BOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11220604 | BOY |
| EOY | 9847189 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113293329 | BOY |
| EOY | 111664820 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4826465 | BOY |
| EOY | 4253718 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 576012 | BOY |
| EOY | 522425 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60880000 | BOY |
| EOY | 60445000 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9500000 | BOY |
| EOY | 8500000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4921876 | BOY |
| EOY | 6506265 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80704353 | BOY |
| EOY | 80227408 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26668671 | BOY |
| EOY | 25507753 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1533184 | BOY |
| EOY | 1360780 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4387121 | BOY |
| EOY | 4568879 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32588976 | BOY |
| EOY | 31437412 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113293329 | BOY |
| EOY | 111664820 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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) |
|---|---|---|
| Volunteers | 1 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 1 | GrantsOtherOrganizations |
| Grants Other Organizations | $23,371 | GrantsOtherOrganizationsAmount |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 23371 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchC_P2B_S00_L01 | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | The College of New Rochelle participates and pays annual dues as a member of the Commission of Independent Colleges (New York State). | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17934845 | BeginningOfYearBalance |
| Contributions | 162950 | Contributions |
| Investment Earnings Or Losses | 1931187 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 286623 | GrantsOrScholarships |
| Other Expenditures | 93490 | OtherExpenditures |
| Administrative Expenses | 109329 | AdministrativeExpenses |
| End Of Year Balance | 19539540 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21585410 | BeginningOfYearBalance |
| Contributions | 7380 | Contributions |
| Investment Earnings Or Losses | -2842727 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 367326 | GrantsOrScholarships |
| Other Expenditures | 353572 | OtherExpenditures |
| Administrative Expenses | 94320 | AdministrativeExpenses |
| End Of Year Balance | 17934845 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.81 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.19 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 258703 | OtherCostOrOtherBasis |
| Book Value | 258703 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 95477144 | OtherCostOrOtherBasis |
| Depreciation | 36962359 | Depreciation |
| Book Value | 58514785 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 25912672 | OtherCostOrOtherBasis |
| Depreciation | 22250588 | Depreciation |
| Book Value | 3662084 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 500000 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 198255 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 698255 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 63133827 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Bond Discount & Cost of Issuance | 1307582 |
| Insurance Policies Held | 324280 |
| Other Accounts Receivable - Gifts & Bequests, etc. | 2822197 |
| Deposits with Bond Trustees | 5073656 |
| Beneficial Interest in Perpetual Trust | 319474 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 9847189 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Interest Rate Swap Agreement | $3,599,170 |
| US Government Grants Refundable | $2,907,095 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6506265 | TotalOfAmounts |
| Total Revenue | 65952036 | TotalRevenue |
| Total Expenses | 66443273 | TotalExpenses |
| Excess Or Deficit For Year | -491237 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1592323 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 202019 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | -$1,600,270 | OtherAmount |
| Total Adjustments | 194072 | TotalAdjustments |
| Excess Or Deficit Per FS | -297165 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 56848730 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 930589 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | 930589 | RevenueNotRptdF990 |
| Revenue Subtotal | 55918141 | RevenueSubtotal |
| Investment Expenses Not Included | 114000 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 9919895 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 10033895 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 65952036 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 56409378 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 56409378 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 114000 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 9919895 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 10033895 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 66443273 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | The College of New Rochelle's Endowment Funds are held for long-term growth. Income generated from the Endowment is used to fund scholarships to students. |
| SchD_P10_S00_L00 | Schedule D, Part X | In June 2006, the FASB issued FASB No. 48, addressing the accounting for uncertainties in income taxes recognized in an organization's financial statements and prescribes a threshold or more-likely-than-not for recognition and de-recognition of tax positions taken or expected to be taken in a tax return. FIN 48 also provides related guidance on measurement, classification, interest and penalties, and disclosures. There was no significant impact to the College's financial statements as a result of the adoption of FIN 48. |
| SchD_P11_S00_L08 | Schedule D, Part XI, Line 8 | Amount not yet recognized as a component of the periodic benefit cost $397,000. Change in value of interest rate swap agreement ($1,997,270). |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | Scholarship and Grant Allowance $9,919,895. Net changes in Temp Restricted Net Assets ($172,404). Net changes in Perm Restricted Net Assets $181,758. |
| SchD_P13_S00_L04b | Schedule D, Part XIII, Line 4b | Scholarship and Grant allowance |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | The College of New Rochelle publicizes its racial non-disriminatory policy through newspaper advertisement and broadcast as well as during periods of registration. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | The students of The College of New Rochelle participate in the financial aid programs of both the US Department of Education and New York State TAP. During the year the number of students participating in those programs were as follows: Pell (3791) Direct Loan Subsidized (3377) Direct Loan Unsubsidized (2348) SEOG (553) Perkins Loans (253) TAP (2880) APTS(62) | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| 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 | 1 | AgreementRefFundraising |
| Total Gross Receipts | 0 | TotalGrossReceipts |
| Total Retained By Contractors | 0 | TotalRetainedByContractors |
| Total Net To Organization | 0 | TotalNetToOrganization |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Unfunded scholarships and grants (need and non0need based) provided to the students in four schools | TypeOfGrant |
| Number Of Recipients | 3250 | NumberOfRecipients |
| Amount Of Cash Grant | 9919895 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | Financial Aid Award Letter | MethodOfValuation |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchI_P01_S00_L02 | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | The Office of Financial Aid keeps all records of the distribution of scholarships and grants. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (7 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 Related OrgsCompReportPrior990RelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stephen Sweeny | |||||||||||||
| 401071 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63891 | 0 | 464962 | 0 | 0 | |
| Judith Huntington | |||||||||||||
| 256753 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17016 | 0 | 273769 | 0 | 0 | 0 |
| Ellen Curry Damato | |||||||||||||
| 230571 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11787 | 0 | 242358 | 0 | 0 | 0 |
| Dorothy Escribano | |||||||||||||
| 220173 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8540 | 0 | 228713 | 0 | 0 | 0 |
| Joan Bailey | |||||||||||||
| 190186 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33340 | 0 | 223526 | 0 | 0 | 0 |
| Joan Bristol | |||||||||||||
| 194010 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6065 | 0 | 200075 | 0 | 0 | 0 |
| Brenna Mayer | |||||||||||||
| 173198 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12376 | 0 | 185574 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchJ_P01_S00_L01a | Identifier |
| Return Reference | Schedule J, Part I, Line 1a | ReturnReference |
| Explanation | In one instance, first class travel was necessary as the only means for the President to attend a meeting. The College provides on campus housing for two emplyees; the President and the Vice President for Mission and Identity. This on campus housing is required as part of the individual job description and is for the convenience of the College. Club dues are provided to the President and Vice President for College Advancement for business use when conducting business on behalf of the College. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dormitory Authority of the State of New York | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| CUSIP Number | 6499032G5 | CUSIPNumber |
| Date Issued | 2008-08-06 | DateIssued |
| Issue Price | 40000000 | IssuePrice |
| Description Of Purpose | Defease NYCIDA 1995 and NYCIDE 1997 replace construction loan | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 40000000 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Amount Defeased | 9927463 | AmountDefeased |
| Amount Unspent | 0 | AmountUnspent |
| Issuance Costs From Proceeds | 1115349 | IssuanceCostsFromProceeds |
| Working Capital Expenditures | 2219633 | WorkingCapitalExpenditures |
| Capital Expenditures | 0 | CapitalExpenditures |
| Year Of Subst Completion | 2009 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 1 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 1 | BondCounselRoutinelyEngaged |
| Total Private Business Use | 0 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 1 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RBS Citizens Bank N A | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 10 | TermOfHedge |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Dorothy Escribano | NamePerson |
| Purpose Of Loan | Purchase of Principal Residence | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $45,000 | OriginalPrincipalAmount |
| Balance Due | 16486 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 16486 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Carla Romita | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Member of the Board of Trustees | Relationship |
| Amount Of Transaction | 189236 | AmountOfTransaction |
| Description Of Transaction | The purchase of Heating Oil | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Education Equipment | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 70760 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraised Value | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P01_S00_L01 | Form 990, Part I, Line 1 | The College of New Rochelle educates more than 5000 students annually by providing Undergraduate and Graduate College education. The College has four schools, School of Arts & Sciences, School of Nursing and the School of New Resources at the undergarduate level and the Graduate School. The College also provides room and board facilities for those students who need such facilities. |
| F990_P03_S00_L00a | Form 990, Part III (Cont. 1) | From this tradition the College derives its dedication to the education of women and men in the liberal arts and in professional studies. Building on its original commitment to women, the College also reaches out to those who have not previously had access to higher education; it places particular emphasis on the concept of life long learning. The College is committed to a respect and concern for each individual. It seeks to challenge students to achieve the full development of their individual talents and a greater understanding of themselves. The College strives to articulate its academic tradition and religious heritage in ways that are consonant with the best contemporary understandings of both. It provides opportunities for spiritual growth in a context of freedom and ecumenism. The College tries to respond to the needs of society through its educational programs and service activities and through fostering the concept of education-for-service. |
| F990_P06_S0B_L11 | Form 990, Part VI, Section B, Line 11 | A draft copy of the Form 990 will be reviewed by the Audit Committee of the Board of Trustees. Any questions will be addressed by the administration and or auditor. A copy of the Form 990 will be provided to all Board of Trustees prior to filing. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | Conflict of interest statements are completed annually by the Board of Trustees and are reviewed by the College attorney annually. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | The compensation of officers and key employees is reviewed and compared to comparable compensation data for similar institutions using national administrative compensation surveys. The Chair of the Board of Trustees in conjunction with the Compensation Committee of the Board review compensation data. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | The College of New Rochelle governing documents and conflict of interest policy are posted on the intranet. Audited financial statements are available upon written request to the College. |
| SchL_P02_S00_L00 | Schedule L, Part II | The interest rate of the loan was at fair market rate at the time of issuance. Payments on the loan have been in accordance with the payment schedule. |
| SchL_P04_S00_L00 | Schedule L, Part IV | The College of New Rochelle purchases heating oil from Castle Oil Corporation, which a Board member is the Senior Vice President of the Corporation, in addition to her family being a founder of the Corporation. Annually, the College compares heating oil prices and track these prices during the year to determine that the price paid is comparable. |
Comments