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Nonprofiteer
← HARTWICK COLLEGE

Form 990 for tax year 2022

Filed by HARTWICK COLLEGE.

Totals

Total revenue
$82,877,184
Total expenses
$95,291,688
Contributions and grants received
$5,056,649
Grants paid
$38,552,963
Program service revenue
$68,274,096
Investment income
$6,314,504
Other revenue
$3,231,935
Total assets, end of year
$114,215,151
Total liabilities, end of year
$47,486,204
Net assets or fund balances, end of year
$66,728,947
Program services expenses (Part IX)
$90,067,873
Management and general expenses
$3,569,815
Fundraising expenses
$1,654,000
Program service expenses (Part III)
$90,067,873

Program services were 94.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Margaret Drugovich

    Past President

    Total calculated
    $1,142,028
    From this org
    $1,088,935
    From related orgs
    $0
    Other
    $53,093
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $338,653
    Bonus
    $0
    Other
    $750,282
    Deferred
    $21,350
    Nontaxable benefits
    $31,743
    Filer's total
    $1,142,028

  • Darren Reisberg

    President

    Total calculated
    $218,960
    From this org
    $199,923
    From related orgs
    $0
    Other
    $19,037
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,923
    Bonus
    $0
    Other
    $35,000
    Deferred
    $0
    Nontaxable benefits
    $19,037
    Filer's total
    $218,960

  • David Long

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • Kathleen Fallon

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Cathy Weeks

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Colleen Connery

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • George Allen

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Steve Bloom

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Edward Droesch

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Cyrus Mehri

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Steve Epstein

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Randy McCullough

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Brianna Mckenzie

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Joel Patterson

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Sally Herbert

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Annie Chorbajian

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Georgette Smith

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Larry Miller

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mary Pat Lindsley

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Neal Miller

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Maria Vezina

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Susan Warner

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Michael Finnerty

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Marina Regelman

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Santo Russo

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Karen Zuill

    VP Finance/Assistant Treasurer

    Total calculated
    $238,672
    From this org
    $170,852
    From related orgs
    $0
    Other
    $67,820
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,852
    Bonus
    $0
    Other
    $0
    Deferred
    $12,961
    Nontaxable benefits
    $54,859
    Filer's total
    $238,672

  • Lisa Corbett

    Assistant Secretary

    Total calculated
    $85,708
    From this org
    $77,183
    From related orgs
    $0
    Other
    $8,525
    Hours/week
    40

  • Karen McGrath

    Senior VP - Enrollment & Student Exp

    Total calculated
    $231,429
    From this org
    $213,447
    From related orgs
    $0
    Other
    $17,982
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,447
    Bonus
    $0
    Other
    $0
    Deferred
    $15,062
    Nontaxable benefits
    $2,920
    Filer's total
    $231,429

  • Gail Glover

    VP for Strategic Communication

    Total calculated
    $146,616
    From this org
    $128,493
    From related orgs
    $0
    Other
    $18,123
    Hours/week
    40

  • Suzanne Janitz

    VP for Human Resources

    Total calculated
    $145,382
    From this org
    $135,915
    From related orgs
    $0
    Other
    $9,467
    Hours/week
    40

  • Laurel Bongiorno

    VP for Academic Affairs and Provost

    Total calculated
    $140,021
    From this org
    $124,650
    From related orgs
    $0
    Other
    $15,371
    Hours/week
    40

  • Pauline Stamp

    Associate Professor of Business Administration

    Total calculated
    $136,492
    From this org
    $124,197
    From related orgs
    $0
    Other
    $12,295
    Hours/week
    40

  • Timothy Ecklund

    AVP for Student Success

    Total calculated
    $129,062
    From this org
    $120,655
    From related orgs
    $0
    Other
    $8,407
    Hours/week
    40

  • Paula Lee Hobson

    Former VP for College Advancement

    Total calculated
    $121,618
    From this org
    $101,155
    From related orgs
    $0
    Other
    $20,463
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $101,155
    Bonus
    $0
    Other
    $0
    Deferred
    $7,919
    Nontaxable benefits
    $12,544
    Filer's total
    $121,618

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 1a
The College provides a residence for the President to entertain and conduct College business along with personal use. Social club dues are paid for the President. Housekeeping service was available to the President.
Part I, Line 4a
Margaret Drugovich, Past President, received severance pay of $749,675 during 2022.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
9 May 2024
IRS schema version
2022v5.0
Source object
202401319349301045

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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