2011-05-02T18:14:26-05:00 2010-06-30 GRANT THORNTON LLP 666 THIRD AVENUE NEW YORK NY 100174011 990 2009-07-01 131967322 DOMINICAN COLLEGE OF BLAUVELT NY DOMI 8458487814 470 Western Highway orangeburg NY 10962 Anthony Cipolla 2011-05-01 2125429609 2009 2016-02-24 21:20:13Z SR MARY EILEEN O'BRIEN 470 WESTERN HIGHWAY ORANGEBURG NY 10962 45574733 false X www.dc.edu X 1952 NY TO PROMOTE EDUCATIONAL EXCELLENCE, LEADERSHIP, AND SERVICE IN AN ENVIRONMENT CHARACTERIZED BY RESPECT FOR THE INDIVIDUAL AND CONCERN FOR THE COMMUNITY. 32 32 874 228 7425 -4306 2538303 1608228 38488247 43399781 189752 206147 262118 220788 41478420 45434944 8877188 10539272 0 0 16859129 18128317 315455 179624 693807 14140156 15487489 40191928 44334702 1286492 1100242 62272047 63427120 48305733 49657938 13966314 13769182 The aim of Dominican College is to promote educational excellence, leadership, and service in an environment characterized by respect for the individual and concern for the community. The College is an independent institution of higher learning, Catholic in origin and heritage. In the tradition of its Dominican founders, it fosters the active, shared pursuit of truth and embodies an ideal of education rooted in the values of reflective understanding and compassionate involvement. Committed to building its programs upon a strong liberal arts foundation, the College maintains a student-centered climate and offers an array of degree opportunities in Liberal Arts and Sciences, Business, and the professions on the graduate and undergraduate levels. While the majority of its students are from its geographic region, to whose emerging educational needs it is particularly responsive, its diverse student body includes national and international representation of all races and religions. Dominica false false 37497975 10539272 43399781 Dominican College was founded in 1952 by the Sisters of St. Dominic of Blauvelt and continues to serve approximately 1,800 students as a private, coeducational institution, proud of its Dominican and Catholic tradition. The College is committed to maintaining its value-centered, student-oriented focus. With a student/faculty ratio of 13 to 1, each person receives the assistance and challenge she or he needs to realize personal aspirations and to become a contributing citizen. The College is a liberal arts institution which provides professional programs in teacher education, athletic training, social work, business administration and the health care professions of nursing and occupational and physical therapy. Over thirty programs, many of which are nationally accredited, are offered on the undergraduate and master's level. The 8,000 members of our Alumni make a significant difference in the hospitals, schools and businesses where they serve. Dominican College is an academic community committed to fostering the values of excellence, leadership and service in its curricular and extra-curricular programs. A member of NCAA, Division II, the Athletic Department sponsors ten competitive sports during the fall and spring semesters. The student body is richly diverse and is composed of traditional and non-traditional aged students who commute or reside on campus. Special programs exist for adult learners who work full time while attending accelerated programs in the evening or on weekends. 37497975 true true false true false false false false true true true false true false false false false true true false false false true true true false false false false false false false false false false true false false false false false false false false true 10 0 true 874 true true true false false false false true true false false false 32 32 false false false false false false false true true false false true true true true true true true true false X ANTHONY CIPOLLA 8458487814 470 WESTERN HIGHWAY orangeburg NY 10962 Joseph P Corless 7.0 X X 0 0 0 Michael K Breen 2.0 X 0 0 0 John FM Flynn 3.0 X 0 0 0 Pat Aguanno 5.0 X 0 0 0 Mr James E Hennessy 7.0 X 0 0 0 Sr Mary Ann Collins OP 2.0 X 0 0 0 Mr Edward J Imparato 5.0 X 0 0 0 Jerry Keahon 7.0 X 0 0 0 James A Martin 2.0 X 0 0 0 Sr Jane McDermott OP 2.0 X 0 0 0 Mr Christopher J Mahoney 3.0 X 0 0 0 Peter M McGroddy 2.0 X 0 0 0 Kenneth R Marks 7.0 X X 0 0 0 Frank T Medici 3.0 X 0 0 0 Pat Miele 5.0 X 0 0 0 Clement Y Osei 2.0 X 0 0 0 Anthony Montalbano 7.0 X 0 0 0 Ross J Pepe 5.0 X 0 0 0 James J O'Brien Jr 3.0 X 0 0 0 A Jon Prusmack 3.0 X 0 0 0 Ms Magdalena Ramirez 2.0 X 0 0 0 Sr Mary Eileen O'Brien OP 35.0 X X 174372 0 11645 Steven T Sabatini 7.0 X 0 0 0 Janice J Teal 2.0 X 0 0 0 Sr Gertrude Simpson OP 2.0 X 0 0 0 James B Tully 3.0 X 0 0 0 Robert Vatter 3.0 X 0 0 0 Sr Kathleen Sullivan OP 35.0 X X 106570 0 11645 Mary Kay Vyskocil 2.0 X 0 0 0 Sr Noreen Walsh OP 2.0 X 0 0 0 Sr Anne Daniel Young OP 2.0 X 0 0 0 Sr Mary Flood OP 2.0 X 0 0 0 Thomas Nowak 35.0 X 108122 0 18331 Anthony J Cipolla 35.0 X 124189 0 13565 Dorothy Filoramo 35.0 X 106181 0 18535 Brian Fernandez 35.0 X 101897 0 18485 Sandra Countee 35.0 X 104248 0 17862 Russell Diaz 35.0 X 105500 0 16009 Michael Kelly 35.0 X 114492 0 16434 1045571 0 142511 9 false true false Holt Construction 50 East Washington Avenue PEARL RIVER NY 10965 Construction 533587 Graham Pelton Consulting 39 Beechwood Road SUMMIT NJ 07902 Fundraising consulta 179624 Empire Consultants 580 park Avenue Suite 1B NEW YORK NY 10021 Grant consultant 132000 Grant Thornton 666 Third Avenue NEW YORK NY 10017 Acctng/audit/tax 112764 4 143058 561494 903676 98601 1608228 TUITION AND FEES 900099 36657623 36657623 ROOM AND BOARD 611710 6742158 6742158 43399781 206147 206147 0 0 36900 36900 36900 36900 0 89602 139789 -50187 -50187 0 0 ATHLETICS CAMPS 900099 80485 80485 PARKING FINES & MISC FEES 900099 67274 67274 PALISADES INSTITUTE 900099 14195 14195 72121 7425 64696 234075 45434944 43399781 7425 419510 0 10539272 10539272 0 0 513253 108122 405131 0 14157895 12470799 1439416 247680 467086 409983 49107 7996 1966070 1685692 247187 33191 1024013 879451 127662 16900 800479 800479 331865 331865 144998 144998 132000 132000 179624 179624 0 593556 33409 502772 57375 1081215 870588 100486 110141 540106 476675 55929 7502 316769 279022 32206 5541 0 2293068 1946410 322429 24229 20552 18103 2089 360 0 315143 201692 113451 1791078 1397041 394037 0 1985996 1906556 79440 473887 281963 191924 RESIDENT STUDENT FOOD SERVICE 1744058 1744058 SECURITY SERVICES 530306 477275 53031 REPAIR & MAINTENANCE 398166 318533 79633 BAD DEBT EXPENSE 390809 390809 ATHLETIC GAMES/TEAMS EXPENSES 345939 345939 1257499 1107392 146839 3268 44334702 37497975 6142920 693807 112491 0 803387 2045543 1100919 995233 1165826 1099557 427233 330927 137819 233167 67648397 15217102 52576313 52431295 1278423 1425707 4669636 4865691 62272047 63427120 3104391 3230134 2017597 2541605 37155000 36585000 2321985 2178222 3706760 5122977 48305733 49657938 X 11909567 11454865 1253360 1414270 803387 900047 13966314 13769182 62272047 63427120 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 220181 220181 false Form 990, Schedule C, Line 1(i) The College does not undertake any direct lobbying activities. (See Form 990, Part IX, Line 11(d)). The College is a member in several higher education associations to which it pays dues. At year end, those Associations inform the College of the portion of its annual dues that are attributable to non-deductible lobbying activities. The College has estimated that non-deductible piece to be approximately $88,181 for the year ending June 30, 2010. The College does engage the services of a consulting firm, Empire Consulting, that undertakes certain advocacy endeavors on the College's behalf. Empire Consulting was paid $132,000 (see Part IX, Line 11(d) to provide legislative and regulatory representation on various higher education issues. 1611474 396660 78045 2086179 1104384 520187 -13097 1611474 0.56860 0.43140 false false 2204197 2204197 54908153 8584918 46323235 9752285 6632184 3120101 783762 783762 52431295 BOND ISSUANCE COSTS & INTEREST 1466650 OTHER RECEIVABLES 252083 DEPOSITS HELD W\ BOND TRUSTEE 3146958 4865691 0 REFUNDABLE GRANTS 487354 INTEREST RATE SWAP AGREEMENT 4635623 5122977 45434944 44334702 1100242 112362 -1409736 -1297374 -197132 33738087 112362 -1409736 -1297374 35035461 10399483 10399483 45434944 33935219 33935219 10399483 10399483 44334702 ENDOWMENT FUNDS FORM 990, SCHEDULE D, PART V, LINE 4 The College's endowment is intended to support the College's educational mission, to support its student activities and programs and to preserve and foster the college's traditions. The Fund's principal is intended to remain untouched, while the earnings are dedicated to the continuance and enhancement of the education of the College's students. INCOME TAXES FORM 990, SCHEDULE D, PART X The College adopted Accounting standards codification ("ASC") 740 "income taxes". ASC 740 requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The adoption of this guidance did not have an impact on the college's financial statements, as management believes that there are no uncertain tax positions within its financial statements. The college has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; determine its filing and tax obligations in jurisdictions for which it has nexus; and to review other matters that may be considered tax positions. The tax years ending June 30, 2007, 2008, 2009 and 2010 are still open to audit for both federal and state purposes. RECONCILIATION OF CHANGE IN NET ASSETS FORM 990, SCHEDULE D, PART XI, LINE 8 CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT (1,409,736) RECONCILIATION OF REVENUE FORM 990, SCHEDULE D, PART XII Line 2D: Change in value of interest rate swap agreement $(1,409,736) Line 4B: Scholarships $ 10,539,272 Fundraising Expenses $ (139,789) RECONCILIATION OF EXPENSES FORM 990, SCHEDULE D, PART XIII Line 4B: Scholarships $ 10,539,272 Fundraising Expenses $ (139,789) true true true THE COLLEGE PUBLISHES ITS NONDISCRIMINATION POLICY IN SUFFICIENT MEDIA THAT WOULD ALLOW ANY MEMBER OF THE PUBLIC TO OBTAIN IT WITHOUT THE NEEd FOR A SPECIFIC REQUEST. true true true true false false false false false false false false true false The college receives STATE GRANTS that are earmarked to BENEFIT CERTAIN ACADEMIC PROGRAMS OR CAPITAL PROJECTS. true X X X X X X true GRAHAM-PELTON CONSULTING INC CAPTL CMPGN false 0 179624 0 0 179624 0 NY Dinner Dance 113500 79200 34300 55116 Golf Outing 87516 56608 30908 59334 2 31644 7250 24394 25339 232660 143058 89602 139789 139789 -50187 true COLLEGE BASED SCHOLARSHIP 1795 9911492 FEDERAL GOVERNMENT BASED AID 375 441390 PRIVATE SCHOLARSHIP 47 186390 GRANTS AND ASSISTANCE IN THE UNITED STATES FORM 990, SCHEDULE I, PART I, LINE 2 The awarding of student financial aid grants under the U.S. Department of Education's Student Financial Assistance Program is monitored by the College's Financial Aid Office, which ensures that the College meets the compliance requirements of OMB Circular A-133. The College's Financial Aid Office is responsible for establishing and maintaining effective internal control over compliance with the requirements of laws, regulations, contracts, and grants applicable to federal programs. Monitoring of federal and foundation grants supporting College operating activities is coordinated between the Financial Aid Office, the Chancellor's office, the Controller's office and the VP of Institutional Advancement. These offices and individuals ensure that appropriate controls are established and that grant requirements for documentation, tracking, expenditure of funds and reporting are met. All students receiving scholarships are judged worthy by the institution's assessment on the basis of academic achievement, financial need, athletic ability and other similar standards. X true true X X X false false false false false false false false false Sr Mary Eileen O'Brien OP 174372 0 0 0 0 0 0 0 11645 0 186017 0 0 0 Schedule J Several of the College's officers are members of the Sisters of St. Dominic of Blauvelt and receive free housing (e.g. a housing allowance). The fair rental value of the housing allowance is excluded from these officers' salaries as it represents a permissible non-taxable fringe benefit for members of a religious order. County of Rockland Industrial development agency 133051646 773557AF0 2004-08-27 9950000 DEFEASE 1998 SERIES REVENUE BO false false county of rockland industrial development agency 133051646 773557Aj2 2005-06-30 9915000 PURCH RESIDENCE HALL & OTHER C false false County of rockland industrial development agency 133051646 773557Ay9 2006-12-21 14740000 Construction of residence hall false false 9950000 686825 219739 2008 false true true true 9915000 625230 285604 2005 false true true true 14740000 994522 535285 2007 false false true true false false false false false true false false false false false true false false false false false true false false false false false false false true false false false false false true false false false false X 4 64151 FMV X Furniture & Fixtures 1 34450 0 0 false true false POLICIES FORM 990, PART VI, SECTION B Line 11 - The Audit Committee of the Board of Trustees reviews the final draft of the Form 990. The Audit Committee makes recommendations on changes as necessary. The Committee votes to approve the Form 990 and arranges to have the approved Form 990 sent to each Board member for review and comments. The Audit Committee resolves inquiries from Board members after their review. The approval process is reviewed with the board prior to filing. Once the approval procees is complete, the College submits the form 990 to the IRS. LINE 12 - All Trustee disclosure forms are collected at the annual meeting of the Board of Trustees. These are reviewed by the Board Chairman and the President of the College. The VP for Financial Affairs collects the key employee disclosure forms and reviews them with the President of the College. LINE 15 - The Executive Committee of the Board of Trustees serves as the compensation committee which reviews and approves all key employee annual compensation without any conflict of interest with respect to that compensation. The Committee used comparable compensation data for similarly qualified people in functionally comparable positions at similar organizations. This is an annual process where contemporaneous documentation of the deliberation and decision regarding the compensation arrangement is recorded. the Committee utilizes data from CUPA-HR as comparative data for analysis. DISCLOSURE FORM 990, PART VI, SECTION C LINE 19 - The taxpayer 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. Schedule G, Part I, column IV The College contracted with Graham-Pelton Consulting, Inc. to run the College's capital campaign. The consulting firm did not undertake any fundraising solicitation, but assisted the College with fundraising advice and recommendations. Accordingly, the College has noted that no revenue was raised by Graham Pelton in Schedule G, Part I, column (iv). Form 990, Part IV, Line 34 The College was founded by the Sisters of St. Dominic of Blauvelt in 1952 as a three-year liberal arts college in the Catholic tradition, offering a teacher preparation program for women religious. The College deems the Sisterhood to be a related party of the College, but since the Sisters do not meet the IRS definition of a related party, the College has opted to note complete a Schedule R. In the interests of full disclosure, the College is including this Schedule O narrative to disclose the relationship. Form 990, Schedule K 1. The College's 2004 Bond was issued to refinance the College's 1998 Revenue Bonds. Proceeds from these bonds have been used to fund several construction bonds. Per the Form 8038, Information Return for Tax-EXempt Private Activity Bond Issues, the Bonds were called on May 1, 2008 (accordingly, the date of completion is 2008). $20,739 of the proceeds reported as bond issuance costs on Schedule K, Part II, Line 5 are credit enhancement fees. 2. The College's 2005 Bond was issed to purchase Rosary Hall, a 90,000 square foot residential building to house students and support academic activities. $87,304 of the proceeds reported as bond issuance costs on Schedule K, Part II, Line 5 are credit enhancement fees. 3. The College's 2006 was issued to construct Guzman Hall, a 200-bed residential building that was completed in 2007. $240,485 of the proceeds reported as bond issuance costs on Schedule K, Part II, Line 5 are credit enhancement fees. Form 990, Part VI, Lines 1 & 2 The College is reporting all 32 board members as independent voting members of the Board. The only two "compensated" board members are Members of the Dominican Sisters of Blauvelt who have taken a bona fide vow of poverty. All amounts reported in Part VII and Schedule J of the 990 were paid directly to the Order.