2011-01-10T10:42:25-06:00 2010-05-31 Lumsden & McCormick LLP 403 Main St Suite 430 Buffalo NY 14203 990 2009-06-01 160909446 TROCAIRE COLLEGE TROC 7168261200 360 CHOATE AVE BUFFALO NY 142202094 RICHARD BERNECKI 7168261200 2011-01-10 1 John P Schiavone 7168563300 2009 2016-02-24 21:20:13Z RICHARD BERNECKI 360 CHOATE AVE BUFFALO NY 142202094 20980410 0 X www.trocaire.edu X 1958 NY TROCAIRE COLLEGE, A PRIVATE, CAREER-ORIENTED CATHOLIC COLLEGE, IN THE SPIRIT OF THE SISTERS OF MERCY, STRIVES TO EMPOWER STUDENTS TOWARD PERSONAL ENRICHMENT, DIGNITY AND SELF-WORTH THROUGH EDUCATION IN A VARIETY OF PROFESSIONS AND IN THE LIBERAL ARTS. RECOGNIZING THE INDIVIDUAL NEEDS OF A DIVERSE STUDENT BODY, TROCAIRE COLLEGE PROVIDES LIFE LEARNING AND DEVELOPMENT WITHIN A COMMUNITY-BASED ENVIRONMENT. TROCAIRE COLLEGE PREPARES STUDENTS FOR SERVICE IN THE UNIVERSAL COMMUNITY. 22 22 314 150 0 0 1234247 1469648 12363821 14975202 -43908 170884 525145 172996 14079305 16788730 1297403 1387007 0 8588789 9113940 0 310941 4099255 4699164 13985447 15200111 93858 1588619 19292061 20376630 5644826 4662493 13647235 15714137 TROCAIRE COLLEGE, A PRIVATE, CAREER-ORIENTED CATHOLIC COLLEGE, IN THE SPIRIT OF THE SISTERS OF MERCY, STRIVES TO EMPOWER STUDENTS TOWARD PERSONAL ENRICHMENT, DIGNITY AND SELF-WORTH THROUGH EDUCATION IN A VARIETY OF PROFESSIONS AND IN THE LIBERAL ARTS. RECOGNIZING THE INDIVIDUAL NEEDS OF A DIVERSE STUDENT BODY, TROCAIRE COLLEGE PROVIDES LIFE LEARNING AND DEVELOPMENT WITHIN A COMMUNITY-BASED ENVIRONMENT. TROCAIRE COLLEGE PREPARES STUDENTS FOR SERVICE IN THE UNIVERSAL COMMUNITY. 0 0 6912594 1387007 13963808 Instruction - a two year, private college reaching approximately 2000 full time and part time students during day, evening, and summer sessions with credit and life long learning courses 2171548 140275 Academic support includes services to students in the following areas; library, learning center, student government admissions, financial assistance, student records, advisement billing, career counseling, and health records 801913 871119 Auxiliary service services - a college store that sells text books and supplies for the convenience of the students 9886055 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 27 0 1 314 1 0 0 0 0 0 1 1 0 0 0 0 22 22 0 1 1 0 1 0 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X RICHARD BERNECKI 7168261200 360 Choate Ave Buffalo NY 14220 MARY BENNETT MD 2.00 X 0 0 0 SISTER JOANNE COURNEEN 2.00 X 0 0 0 SISTER DIANE MATJE RSM 2.00 X 0 0 0 SISTER MARY ANN SCHIMSCH 2.00 X 0 0 0 THOMAS J GAMBLE PHD 2.00 X 0 0 0 JEFFREY HUGHES 2.00 X X 0 0 0 BRIAN GOULD 2.00 X 0 0 0 STEPHEN JOYCE 2.00 X 0 0 0 LISA KIRISITS CPA 2.00 X X 0 0 0 MICHELE LADOUCEUR 2.00 X 0 0 0 TERESA LAWRENCE PHD 2.00 X 0 0 0 CINDY RICH 2.00 X 0 0 0 SISTER EILEEN O'CONNOR 2.00 X 0 0 0 MAUREEN A WINNERT 2.00 X 0 0 0 SHARON HANSON 2.00 X 0 0 0 ROBERT MCDOW 2.00 X X 0 0 0 MICHAEL MORAVEC 2.00 X 0 0 0 SIOBHAN SMITH 2.00 X 0 0 0 WILLIAM PALADINO 2.00 X 0 0 0 SISTER SALLY WALZ RSM 2.00 X 0 0 0 NANCY SHEEHAN RN JD 2.00 X 0 0 0 JONATHAN SWIATKOWSKI CP 2.00 X 0 0 0 PAUL B HURLEY JR PHD 40.00 X 137234 0 25712 RICHARD BERNECKI 40.00 X 102826 0 9333 240060 0 35045 2 0 1 0 THE PEYTON BARLOW CO INC 360 DELAWARE AVENUE BUFFALO NY 14202 CONSTRUCTION FIRM 1468345 JIM'S ELECTRIC & GENERAL CONTRACTING IN 289 RAMSDELL AVENUE BUFFALO NY 14216 CONSTRUCTION FIRM 381172 QUINLAN & COMPANY 385 NORTH FRENCH ROAD AMHERST NY 14228 ADVERTISING FIRM 289948 GLOBALQUEST SOLUTIONS INC 435 LAWRENCE BULL DRIVE SUITE 7 WILLIAMSVILLE NY 14221 IT SERVICES 201307 RUSS SALVATORE DEVELOPMENT LLC 6675 TRANSIT ROAD WILLIAMSVILLE NY 14221 PROPERTY MANAGEMENT SERVICES 158549 12 64850 944018 460780 1469648 STUDENT TUITION AND FE 611710 13963808 13963808 AUXILIARY ENTERPRISES 451211 871119 871119 LIFELONG LEARNING 611710 140275 140275 14975202 164192 164192 4175419 4168727 6692 6692 6692 22725 64850 22953 -228 -228 COPY MACHINE INCOME 561439 151694 151694 TRAINING FEES 611710 16865 16865 MISCELLANEOUS 611710 4430 4430 235 235 173224 16788730 14120948 0 1198134 1387007 1387007 275105 275105 6782389 5321115 1250815 210459 357241 272900 73087 11254 1102665 819879 248977 33809 596540 433983 144661 17896 30580 30580 508156 3249 504907 333844 21064 312780 1250768 750493 462752 37523 139253 23029 116224 542021 542021 47152 25258 21894 33423 19728 13695 544560 45536 499024 53682 26875 26807 AUXILIARY SERVICES 609888 609888 0 REPAIRS & MAINTENANCE 430331 81526 348805 BAD DEBT 96534 0 96534 MEMBERSHIPS AND SUBSCRI 78972 44525 34447 15200111 9886055 5003115 310941 702 4734 3817232 2563962 1041352 940840 158349 48799 22733 22733 113137 120051 98570 268043 13882917 4809246 7318256 9073671 5444267 5911343 1277363 1422454 100 0 19292061 20376630 654933 667711 1069893 494782 3920000 3500000 5644826 4662493 X 11115556 13005493 2150339 2327304 381340 381340 13647235 15714137 19292061 20376630 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1113082 240000 56609 1409691 1139852 121541 -148311 1113082 1.00000 0 0 360000 360000 10190176 2421944 7768233 3332741 2387302 945438 9073671 CDS WITH VARYING MATURITIES 500283 F CASH 922171 C 1422454 16788730 15200111 1588619 478283 478283 2066902 16029620 478283 478283 15551337 30580 1206813 1237393 16788730 13962718 0 13962718 30580 1206813 1237393 15200111 Part V, Line 4: Description of Intended Use of Endowment Funds: ENDOWMENT FUNDS ARE RESTRICTED FOR TIME BY THE US DEPARTMENT OF EDUCATION, AND AFTER A CERTAIN POINT, THE COLLEGE CAN USE THEM FOR UNRESTRICTED PURPOSES. (PART XII & XIII LINE 4B) AMOUNT REPRESENTS COLLEGE FUNDED SCHOLARSHIPS AND DISCOUNTS. 1 1 1 THE COLLEGE PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE COLLEGE CATALOG, AN IMPORTANT PART OF THEIR PROMOTIONAL LITERATURE. A SHORTENED VERSION APPEARS IN OTHER PUBLICATIONS SUCH AS BROCHURES, ADVERTISEMENTS, AND COURSE SCHEDULES. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 GOVERNMENT SUBSIDIZED LOANS 1 Trustee Reception 87575 64850 22725 21710 NONE 87575 64850 22725 21710 21710 1015 1 SCHOLARSHIPS, TUITION DISCOUNTS, AND STUDENT AID FOR STUDENTS ATTENDING TROCAIRE COLLEGE. 958 924671 462336 FMV EDUCATIONAL SUPPLIES SUCH AS TEXTBOOKS, NOTEBOOKS, WRITING MATERIALS, PROGRAM SPECIFIC SUPPLIES, AND OTHER VARIOUS EDUCATIONAL RELATED SUPPLIES. Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Once Trocaire College awards scholarships, discounts, and/or student aid, and the student accepts those funds, the College directly credits the students tuition bill. X X 0 0 0 0 0 0 0 0 0 PAUL B HURLEY JR PHD 133135 0 0 0 4099 0 10146 0 18858 0 166238 0 0 0 TIM HURLEY BROTHER OF PRESIDENT 131531 SELECTING FURNITURE VENDORS FOR THE COLLEGE. 0 Form 990, Part VI, Section A, line 3 THE COLLEGE HIRED GLOBALQUEST SOLUTIONS TO MANAGE THE INFORMATION TECHNOLOGY FOR A SIX MONTH PERIOD REPORTING TO THE VICE PRESIDENT, FINANCE & ADMINISTRATION. Form 990, Part VI, Section A, line 4 Trocaire College made changes to their By-Laws and Charter. Changes to the By-Laws were made to the Identity and Selection and Reserved Powers of Corporate Members under Article IV. Changes to the Charter were made to reflect the changes in the By-Laws and to regonize that the College is authorized and approved to operate postsecondary degree programs. Form 990, Part VI, Section A, line 6 The Members of the Corporation (Trocaire College) are the Conference for Mercy Higher Education ("CMHE") and four (4) Sisters of Mercy selected from among the Sisters of Mercy serving on the Board of Trustees by the President of the Sisters of Mercy of the Americas, New York, Pennsylvania, Pacific West Community after consultation with the Board of Trustees. CMHE shall designate a Representative and an Alternate Representative who shall have full authority to act on CMHE's behalf with respect to all matters at the Annual Meeting or any Special Meetings of the Members of the Corporation. Form 990, Part VI, Section A, line 7b The Members have reserved authority in approval of: 1) changes in the Articles of Incorporation and the By-Laws of the College that affect the mission and purpose of the College, and the By-Laws section on membership, 2) any action which would involve merger, consolidation, dissolution or transfer of substantially all of the assets or change of legal status of the Corporation, and 3) the approval of trustees nominated by the Board of Trustees. Form 990, Part VI, Section B, line 11 The 990 is distributed to the members of the Finance Committee and the Board of Trustees for review. After review and approval by the Finance Committee and the Board of Trustees, the Committee authorizes the Vice President, Finance and Administration to sign the document at the next scheduled Finance Committee meeting. Form 990, Part VI, Section B, line 12c Board of Trustees annually reviews and completes the "Conflict of Interest Statement". Key employees are required to report any possible conflicts to their supervisors by completing the "Conflict of Interest Disclosure Form'. No annual monitoring of Key employees. Form 990, Part VI, Section B, line 15 Compensation for CEO/top management is reviewed and set by the Board of Trustees. The Board of Trustees has a written contract with the President of the College, and in establishing a salary, there is an assessment of comparable president salaries. The contract is approved by the Board Trustees. Compensation for officers and key employees is based on position responsibilies and other comparable existing employees salary levels. Faculty and Program Director salary decisions are guided by the Collective Bargaining Agreement. Form 990, Part VI, Section C, line 19 THE PUBLIC CAN CONTACT THE PRESIDENT'S OFFICE DIRECTLY AND REQUEST TO SEE ITS GOVERNING DOUCMENTS, CONFLICT OF INTEREST POLICY AND/OR FINANCIAL STATEMENTS. THE REQUIRED DOCUMENTATION IS HELD AT THE MAIN CAMPUS WHICH IS THE SAME AS THE RETURNS ADDRESS.