VAUGHN COLLEGE OF AERONAUTICS AND TECHNOLOGY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- VAUGHN COLLEGE OF AERONAUTICS AND TECHNOLOGY (EIN 11-0461385)
- Tax period
- 2009-09-01 to 2010-08-31
- Filed
- 2011-07-12
- IRS object ID
- 201141939349300624
- Schema version
- 2009v1.7
- 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 D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-07-12T13:19:26-05:00 | Timestamp |
| Tax Period End Date | 2010-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Marks Paneth & Shron LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 622 Third Avenue | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 110461385 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Vaughn college of aeronautics and technology | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VAUG | NameControl |
| Phone | 7184296600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8601 23rd avenue | AddressLine1 |
| City | east elmhurst | City |
| State | NY | State |
| ZIP Code | 11369 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN C FITZPATRICK | Name |
| Title | PRESIDENT | Title |
| Phone | 7184296600 | Phone |
| Date Signed | 2011-07-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125038800 | Phone |
| 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 | JOHN C FITZPATRICK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8601 23rd avenue | AddressLine1 |
| City | east elmhurst | City |
| State | NY | State |
| ZIP Code | 11369 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 29911941 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.vaughn.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1932 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | VAUGHN COLLEGE OF AERONAUTICS AND TECHNOLOGY PROVIDES A CULTURE OF EXCELLENCE IN WHICH RIGOROUS DEGREE, PROFESSIONAL, TECHNICAL AND CERTIFICATION PROGRAMS ARE OFFERED. THESE PROGRAMS, BULIT UPON OUR AERONAUTICAL HERITAGE, WILL INCORPORATE THE LATEST TECHNOLOGY AND MEET THE UNIVERSAL NEEDS OF THE INDUSTRIES THEY SERVE. THE RESULT WILL BE WELL-EDUCATED GRADUATES WHO ARE TRAINED, QUALIFIED AND SUCCESSFUL IN THEIR FIELDS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 415 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5365315 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 7514384 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 16950354 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 21774671 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 474221 | InvestmentIncomePriorYear |
| Investment Income Current Year | 425795 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 88106 | OtherRevenuePriorYear |
| Other Revenue Current Year | 29461 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 22877996 | TotalRevenuePriorYear |
| Total Revenue Current Year | 29744311 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1738725 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 2166267 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 11090971 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 12385185 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 237368 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11956461 | OtherExpensePriorYear |
| Other Expenses Current Year | 13968460 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 24786157 | TotalExpensesPriorYear |
| Total Expenses Current Year | 28519912 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1908161 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1224399 | RevenuesLessExpensesCY |
| Total Assets BOY | 57739473 | TotalAssetsBOY |
| Total Assets EOY | 61070850 | TotalAssetsEOY |
| Total Liabilities BOY | 45409874 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 46575790 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 12329599 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 14495060 | NetAssetsOrFundBalancesEOY |
| Mission Description | VAUGHN COLLEGE OF AERONAUTICS AND TECHNOLOGY IS AN INSTITUTION DEDICATED TO PROVIDING A DISTINCTIVE EDUCATION TO A DIVERSE POPULATION OF STUDENTS. OUR MISSION IS TO CREATE AN ENVIRONMENT THAT CULTIVATES PERSONAL GROWTH AND LEADERSHIP IN PREPARATION FOR SUCCESSFUL CAREERS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 23098025 | Expense |
| Grants | 2166267 | Grants |
| Revenue | 20272742 | Revenue |
| Description | INSTRUCTION - VAUGHN IS A FOUR YEAR PRIVATE EDUCATIONAL INSTITUTION OFFERING BACHELOR AND ASSOCIATE DEGREES IN ENGINEERING AND TECHNOLOGY, AVIATION AND MANAGEMENT. THE INSITUTION ALSO OFFERS A MASTER OF SCIENCE IN AIRPORT MANAGEMENT. THE COLLEGE PROVIDES EDUCATIONAL SERVICES TO OVER 1,450 STUDENTS. THE INSTRUCTIONAL SERVICES ARE SUPPORTED AND ENHANCED BY EFFORTS IN THE ACADEMIC SUPPORT, STUDENT SUPPORT AND INSTITUTIONAL SUPPORT AREAS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2631989 | Expense |
| Revenue | 1501929 | Revenue |
| Description | AUXILIARY SERVICES - VAUGHN OPERATES A 200 BED RESIDENCE HALL TO PROVIDE ON CAMPUS HOUSING FOR OUR STUDENTS. IN FISCAL YEAR 2009/2010 APPROXIMATELY 135 STUDENTS WERE LIVING IN THE RESIDENCE HALL. THE COLLEGE ALSO OPERATES A CAFETERIA TO PROVIDE FOOD SERVICES TO BOTH RESIDENTIAL AND COMMUTER STUDENTS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 25730014 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| 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 | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | 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 | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | 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 | 1876 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 415 | 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 | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form1098 C Filed | 1 | Form1098CFiled |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | 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 | ROBERT G WALDMANN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7184296600 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 86-01 23rd avenue | AddressLine1 |
| City | FLUSHING | City |
| State | NY | State |
| ZIP Code | 11369 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| JOHN C FITZPATRICK | |||||||
| PRESIDENT | 40.00 | X | X | 281503 | 0 | 48735 | |
| THOMAS APPERSON | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| ELAINE ASCH-ROOT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SUSAN BAER | |||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| ANNE CRUDGE | |||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | |
| JULIAN M EARLS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN H ENDERS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TED G GAVRILIS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MONROE W HATCH JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CLYDE KIZER | |||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| THOMAS S MAROTTA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS J MCKEE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| FRANK L ROSENBERG | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| OSWIN MOORE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LINDA ORLADY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GEORGE A VAUGHN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOSEPH A WERNER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT ZINCONE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT G WALDMANN | |||||||
| VICE PRESIDENT | 40.00 | X | 172010 | 0 | 23962 | ||
| SHARON DEVIVO | |||||||
| VP-INST. REL. & MKTG | 40.00 | X | 179275 | 0 | 24936 | ||
| JAIN KALPANA | |||||||
| VP ACAD. AFFAIRS | 40.00 | X | 133930 | 0 | 27248 | ||
| ERNIE SHEPELSKY | |||||||
| VP ENROLLMENT MGT. | 40.00 | X | 138190 | 0 | 26417 | ||
| KEVIN WICKS | |||||||
| PROFESSOR | 40.00 | 101946 | 0 | 20123 | X | ||
| HASSAN RAHEMI | |||||||
| PROFESSOR | 40.00 | 117801 | 0 | 20700 | X | ||
| NAVEEN SETH | |||||||
| PROFESSOR | 40.00 | 107496 | 0 | 12706 | X | ||
| DOMENIC PROSCIA | |||||||
| ASSOCIATE PROFESSOR | 40.00 | 103550 | 0 | 11889 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1335701 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 216716 | TotalOtherCompensation |
| Number Individuals GT100 K | 14 | 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 |
|---|---|---|---|---|---|
| JOHN CIARDULLO ASSOCIATES | |||||
| 575 8TH AVENUE 20TH FL | NEW YORK | NY | 10018 | ARCHITECTURAL FEES | 1004360 |
| AUSTIN & WILLIAMS | |||||
| 125 KENNEDY DRIVE SUITE 100 | HAUPPAUGE | NY | 117884017 | ADVERTISING | 900059 |
| TRITON CONSTRUCTION | |||||
| 100 QUENTIN ROOSEVELT BLVD | GARDEN CITY | NY | 11530 | CONSTRUCTION | 537133 |
| UNITED UNLIMITED | |||||
| 44-10 30TH AVENUE | ASTORIA | NY | 11103 | CLEANING | 360640 |
| LABOR MANAGEMENT CONCEPTS INC | |||||
| 200 BELLEVILLE Tpk | N ARLINGTON | NJ | 07031 | SECURITY | 353687 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 19 | NumberOfContractorsGT100K |
| Government Grants | 6491988 | GovernmentGrants |
| All Other Contributions | 1022396 | AllOtherContributions |
| Noncash Contributions | 321998 | NoncashContributions |
| Total Contributions | 7514384 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STUDENT TUITION & FEES | 611710 | 20272742 | 20272742 |
| AUXILIARY REVENUE | 900099 | 1501929 | 1501929 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 21774671 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 391322 | TotalRevenueColumn |
| Exclusion | $391,322 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 202103 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 167630 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 34473 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 34473 | TotalRevenueColumn |
| Exclusion | $34,473 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS FEES | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 29461 | TotalRevenueColumn |
| Exclusion | $29,461 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 29461 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 29744311 | TotalRevenueColumn |
| Related Or Exempt Function Income | 21774671 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $455,256 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2166267 | Total |
| Program Services | 2166267 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1013047 | Total |
| Program Services | 626616 | ProgramServices |
| Management And General | 360168 | ManagementAndGeneral |
| Fundraising | 26263 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9548734 | Total |
| Program Services | 9243110 | ProgramServices |
| Management And General | 286462 | ManagementAndGeneral |
| Fundraising | 19162 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 358427 | Total |
| Program Services | 346955 | ProgramServices |
| Management And General | 10753 | ManagementAndGeneral |
| Fundraising | 719 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 782571 | Total |
| Program Services | 757523 | ProgramServices |
| Management And General | 23477 | ManagementAndGeneral |
| Fundraising | 1571 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 682406 | Total |
| Program Services | 660564 | ProgramServices |
| Management And General | 20472 | ManagementAndGeneral |
| Fundraising | 1370 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88459 | Total |
| Management And General | 88459 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142500 | Total |
| Management And General | 142500 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56004 | Total |
| Management And General | 56004 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 944005 | Total |
| Program Services | 742461 | ProgramServices |
| Management And General | 125968 | ManagementAndGeneral |
| Fundraising | 75576 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1250007 | Total |
| Program Services | 1175359 | ProgramServices |
| Management And General | 26241 | ManagementAndGeneral |
| Fundraising | 48407 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 840379 | Total |
| Program Services | 609658 | ProgramServices |
| Management And General | 200876 | ManagementAndGeneral |
| Fundraising | 29845 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12844 | Total |
| Program Services | 12844 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1387208 | Total |
| Program Services | 1302866 | ProgramServices |
| Management And General | 84342 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 228715 | Total |
| Program Services | 196125 | ProgramServices |
| Management And General | 24794 | ManagementAndGeneral |
| Fundraising | 7796 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14801 | Total |
| Program Services | 12193 | ProgramServices |
| Management And General | 708 | ManagementAndGeneral |
| Fundraising | 1900 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1996517 | Total |
| Program Services | 1875129 | ProgramServices |
| Management And General | 121388 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2347162 | Total |
| Program Services | 2204455 | ProgramServices |
| Management And General | 142707 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53324 | Total |
| Program Services | 50082 | ProgramServices |
| Management And General | 3242 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MISCELLANEOUS | 1574580 | 1532975 | 41605 | |
| BAD DEBT | 650000 | 650000 | ||
| COLLEGE RELATIONS | 616192 | 564487 | 29987 | 21718 |
| EQUIPMENT | 569212 | 563288 | 2883 | 3041 |
| CONTRACTED SERVICE | 174582 | 116186 | 58396 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1021969 | Total |
| Program Services | 970871 | ProgramServices |
| Management And General | 51098 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28519912 | Total |
| Program Services | 25730014 | ProgramServices |
| Management And General | 2552530 | ManagementAndGeneral |
| Fundraising | 237368 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 393799 | BOY |
| EOY | 16962 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1380272 | BOY |
| EOY | 2420964 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 645044 | BOY |
| EOY | 1130809 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27022 | BOY |
| EOY | 32795 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 65825021 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 30177505 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35304572 | BOY |
| EOY | 35647516 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1786 | BOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19215228 | BOY |
| EOY | 21078615 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 771750 | BOY |
| EOY | 743189 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57739473 | BOY |
| EOY | 61070850 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2206937 | BOY |
| EOY | 3438221 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 972290 | BOY |
| EOY | 486111 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38733903 | BOY |
| EOY | 38071536 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2800000 | BOY |
| EOY | 3850000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 696744 | BOY |
| EOY | 729922 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45409874 | BOY |
| EOY | 46575790 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11187297 | BOY |
| EOY | 12012474 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1032740 | BOY |
| EOY | 2360747 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 109562 | BOY |
| EOY | 121839 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12329599 | BOY |
| EOY | 14495060 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57739473 | BOY |
| EOY | 61070850 | 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 Separate | X | FinancialStatementSeparate |
| 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 D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1142302 | BeginningOfYearBalance |
| Contributions | 1302277 | Contributions |
| Investment Earnings Or Losses | 91705 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 53698 | GrantsOrScholarships |
| End Of Year Balance | 2482586 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 130491 | BeginningOfYearBalance |
| Contributions | 922600 | Contributions |
| Investment Earnings Or Losses | 107840 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 18629 | GrantsOrScholarships |
| End Of Year Balance | 1142302 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.44300 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.04900 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.50800 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2557733 | OtherCostOrOtherBasis |
| Book Value | 2557733 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 49533733 | OtherCostOrOtherBasis |
| Depreciation | 16443950 | Depreciation |
| Book Value | 33089783 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13733555 | OtherCostOrOtherBasis |
| Depreciation | 13733555 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 35647516 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| ALTERNATIVE INVESTMENTS | 18364020 | F |
| AMOUNTS HELD BY BOND TRUSTEE | 2714595 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 21078615 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ASSET RETIREMENT OBLIGATION | Description |
| Amount | $729,922 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 729922 | TotalOfAmounts |
| Total Revenue | 29744311 | TotalRevenue |
| Total Expenses | 28519912 | TotalExpenses |
| Excess Or Deficit For Year | 1224399 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 941062 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 941062 | TotalAdjustments |
| Excess Or Deficit Per FS | 2165461 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 30694372 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 941062 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 8999 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 950061 | RevenueNotRptdF990 |
| Revenue Subtotal | 29744311 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 29744311 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 28528911 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 8999 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 8999 | ExpensesNotRptdF990 |
| Expenses Subtotal | 28519912 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 28519912 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | To provide funds for student scholarships. |
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | THE COLLEGE RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. THE COLLEGE EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS FINANCIAL STATEMENTS. AS OF AUGUST 31, 2010 AND 2009, THE COLLEGE HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS. |
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 | CATALOG | 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 | VAUGHN COLLEGE RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAM INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (SEOG) PROGRAM, FEDERAL WORK STUDY (FWS) PROGRAM AND THE PERKINS LOAN PROGRAMS. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | INDIA | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | INSTRUCTIONAL | TypeOfActivitiesConducted |
| Specific Services Provided | AIRPORT/AIRLINE MANAGEMENT; ELECTRICAL ENGINEERING TECHNOLOGY | SpecificServicesProvided |
| Total Expenditures | 71639 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 71639 | TotalAmountSpent |
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 | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 1273 | NumberOfRecipients |
| Amount Of Cash Grant | 2166267 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: The College offers several scholarship opportunities for students. The primary scholarships and the guidelines for qualifying are: FOUNDERS SCHOLARSHIPS THESE SCHOLARSHIPS ARE AWARDED TO STUDENTS UPON ACCEPTANCE TO A BACHELOR OF SCIENCE DEGREE PROGRAM AT VAUGHN. TO BE CONSIDERED, APPLICANTS MUST ATTAIN A CUMULATIVE HIGH SCHOOL AVERAGE OF AT LEAST A "B" AND COMBINED SAT1 SCORE OF AT LEAST 1000. STUDENTS WHO MEET THESE MINIMUM CRITERIA WILL BE CONSIDERED FOR AWARDS, BASED ON THEIR GRADES AND EXAM SCORES, BY VAUGHN COLLEGE'S SCHOLARSHIP COMMITTEE. THE AWARDS MAY BE RENEWABLE FOR UP TO FOUR YEARS OF CONSECUTIVE STUDY, PROVIDING THE RECIPIENT MAINTAINS A 3.0 COMULATIVE GRADE POINT AVERAGE (GPA). BOARD OF TRUSTEES GRANTS THE BOARD OF TRUSTEE ALLOCATES FUNDS TO BE USED IN AWARDING GRANT-IN-AID ASSISTANCE TO NEW AND CONTINUING STUDENTS. GRANT ARE AWARDED TO STUDENTS WHO ARE MATRICULATING ON A FULL OR PART-TIME BASIS IN BACHELOR AND ASSOCIATE DEGREE PROGRAMS. RECIPIENTS ARE SELECTED ON THE BASIS OF THEIR ACADEMIC PERFORMANCE AND FINANCIAL AID STATUS. AWARDS ARE DESIGNATED FOR A SPECIFIC ACADEMIC YEAR AND ARE RENEWABLE EACH SEMESTER BASED ON SATISFACTORY ACADEMIC PERFORMANCE AND THE AVAILABILITY OF FUNDS. TRANSFER STUDENT SCHOLARSHIP STUDENTS WHO TRANSFER TO THE COLLEGE HAVING COMPLETED 24 OR MORE CREDITS AT AN ACCREDITED COLLEGE OR UNIVERSITY, AND WHO HAVE ACHIEVED A CUMULATIVE GRADE POINT AVERAGE OF AT LEAST 3.0 (INCLUDING ALL COURSES AT EVERY INSTITUTION ATTENDED) MAY BE AWARDED SCHOLARSHIPS TO TRANSFER. THE AWARDS MAY BE RENEWABLE FOR UP TO THREE YEARS OF CONSECUTIVE STUDY, PROVIDING THE RECIPIENT MAINTAINS A 3.0 CUMULATIVE GPA. ACACADEMIC EXCELLENCE SCHOLARSHIPS ACADEMIC EXCELLENCE SCHOLARSHIPS ARE AWARDED EACH YEAR TO CONTINUING STUDENTS ON THE BASIS OF OUTSTANDING ACADEMIC ACHIEVEMENT AND SELECTION FOR ACADEMIC HONORS. THE CRITERIA APPLIED IN DECIDING ELIGIBILITY FOR THESE AWARDS INCLUDE CUMULATIVE GRADE POINT AVERAGE (GPA) AND SATISFACTORY COMPLETION OF AT LEAST TWO SEMESTERS (29 CREDITS/UNITS OR MORE) AS A MATRICULATED STUDENT. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (5 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 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN C FITZPATRICK | |||||||||||||
| 281503 | 0 | 0 | 0 | 0 | 0 | 16500 | 0 | 32235 | 0 | 330238 | 0 | 185033 | 0 |
| ROBERT G WALDMANN | |||||||||||||
| 172010 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23962 | 0 | 195972 | 0 | 113813 | 0 |
| SHARON DEVIVO | |||||||||||||
| 179275 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24936 | 0 | 204211 | 0 | 114863 | 0 |
| JAIN KALPANA | |||||||||||||
| 133930 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27248 | 0 | 161178 | 0 | 88840 | 0 |
| ERNIE SHEPELSKY | |||||||||||||
| 138190 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26417 | 0 | 164607 | 0 | 84491 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 132906040 | IssuerEIN |
| CUSIP Number | 649438BZ0 | CUSIPNumber |
| Date Issued | 2006-12-21 | DateIssued |
| Issue Price | 40059248 | IssuePrice |
| Description Of Purpose | CONSTRUCTION OF FACILITY AND REFUNDING OF PRIOR ISSUE (6/18/98) | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 21283500 | TotalProceeds |
| Amount In Reserve Fund | 2713532 | AmountInReserveFund |
| Issuance Costs From Proceeds | 723828 | IssuanceCostsFromProceeds |
| Capital Expenditures | 19188641 | CapitalExpenditures |
| Year Of Subst Completion | 2008 | 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 | 0 | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 1 | ExceptionToRebate |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 163 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Boats And Planes BoatsAndPlanes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 308098 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | AIRLINE TIC. | 2 | 4954 | FMV |
| X | COMP. EQPMT. | 1 | 549 | FMV |
| X | HANGAR FEES | 1 | 7224 | FMV |
| X | GIANTS TIC. | 1 | 1010 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Method for Determining Number of Contributors: | Identifier |
| Return Reference | Part I, Column (b): | ReturnReference |
| Explanation | THE ORGANIZATION IS REPORTING BOTH THE NUMBER OF CONTRIBUTORS AND NUMBER OF CONTRIBUTIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | Return reviewed in detail with the Audit Committee and made available to the Board of Trustees for seven days for comment. | |
| Form 990, Part VI, Section B, line 12c | In May 2007, a new Board of Trustees - Conflict of Interest Policy and Procedure was adopted. The policy and procedure includes an Annual Conflict of Interest Disclosure Statement which must be completed, signed and submitted by each Board member every year in May. The president's secretary confirms receipt of the statements and keeps them on file. In July 2009, an Officers and Management Staff Conflict of Interest Policy and Procedures was adopted. The policy and procedures also includes a Conflict of Interest Disclosure Form which is completed, signed and submitted on an annual basis. The Assistant Vice President for Human Resources and College Services confirms receipt, reviews the forms and keeps them on file. | |
| Form 990, Part VI, Section B, line 15 | LINE 15A: The president's compensation is determined by the Board of Trustees Compensation Committee with staff assistance from the College's external legal counsel. Counsel uses the following compensation factors and sources to assist the Committee in its decision making process: Compensation Factors - a. Compensation levels paid by similar organizations b. Level of person's education and experience c. Specific responsibilities of position d. Previous salary or compensation package e. Similar services in the same geographic or metropolitan area f. Similar number of students g. Annual budget and/or gross revenue/assets h. Nature of curriculum (e.g., 2 year vs. 4 year undergraduate vs. graduate) Compensation Sources - a. published surveys of compensation at similar institutions b. Internet research on compensation at similar institutions c. Forms 990 filed by other colleges and universities d. Annual budget or gross revenue/assets LINE 15B: The president sets the compensation of the other officers and key employees. He uses similar compensation factors and sources and advises the Compensation Committee of his decisions | |
| Form 990, Part VI, Section C, line 19 | The organization keeps a copy of its IRS Form 990 in its library for examination by the public. A summary of its key financial results is printed in its magazine - annual report edition. | |
| FORM 990, PART XI, LINE 2C: | HAS NOT BEEN CHANGED FROM PRIOR YEAR. | THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT |
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