Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,443,817

• 1f · All other contributions, gifts and grants

  $5,406,327

• 1g · Noncash contributions included above

  $424,547

• 2a · Program service revenue: Tuition & Fees

  total $44,592,606 · related or exempt $44,592,606

• 2b · Program service revenue: Residence Halls

  total $4,435,926 · related or exempt $4,435,926

• 2c · Program service revenue: Food Services

  total $4,023,343 · related or exempt $4,023,343

• 2d · Program service revenue: Conference Revenue

  total $486,193 · related or exempt $486,193

• 3 · Investment income

  total $1,368,291 · excluded $1,368,291

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 6d · Net rental income or loss

  total $0

• 7a · Gross sales of assets other than inventory

  securities $22,104,634 · other assets $38,000

• 7b · Less cost or other basis and sales expenses

  securities $21,992,699 · other assets $0

• 7c · Gain or loss

  securities $111,935 · other assets $38,000

• 7d · Net gain or loss

  total $149,935 · excluded $149,935

• 8a · Fundraising events: gross income

  $0

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $0

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $1,689,853 · excluded $1,689,853

• 11e · Other revenue, total

  $1,689,853

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $0

• 2 · Grants to domestic individuals

  total $29,818,972 · program services $29,818,972

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $0

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $15,857,085 · program services $12,523,175 · management and general $2,567,001 · fundraising $766,909

• 8 · Pension plan contributions

  total $561,280 · program services $443,272 · management and general $90,862 · fundraising $27,146

• 9 · Other employee benefits

  total $3,413,896 · program services $2,643,464 · management and general $569,710 · fundraising $200,722

• 10 · Payroll taxes

  total $1,076,856 · program services $850,450 · management and general $174,325 · fundraising $52,081

• 11a · Fees: management

  total $586,670 · management and general $586,670

• 11b · Fees: legal

  total $152,279 · management and general $152,279

• 11c · Fees: accounting

  total $143,613 · management and general $143,613

• 11d · Fees: lobbying

  total $0

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $141,582 · management and general $141,582

• 11g · Fees: other

  total $2,464,996 · program services $2,464,996

• 12 · Advertising and promotion

  total $519,207 · program services $237,227 · management and general $210,577 · fundraising $71,403

• 13 · Office expenses

  total $2,033,851 · program services $1,815,179 · management and general $163,862 · fundraising $54,810

• 14 · Information technology

  total $1,163,859 · program services $528,011 · management and general $610,461 · fundraising $25,387

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $8,596,031 · program services $7,805,425 · management and general $736,975 · fundraising $53,631

• 17 · Travel

  total $733,587 · program services $626,169 · management and general $67,628 · fundraising $39,790

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $0

• 20 · Interest

  total $1,620,645 · program services $1,453,648 · management and general $148,268 · fundraising $18,729

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $3,592,346 · program services $3,277,246 · management and general $280,825 · fundraising $34,275

• 23 · Insurance

  total $0

• 24a · Other expenses: Athletics

  total $1,131,260 · program services $1,131,260

• 24b · Other expenses: Memberships

  total $213,440 · program services $24,964 · management and general $188,476

• 24c · Other expenses: Bad Debt

  total $1,181,240 · management and general $1,181,240

• 24d · Other expenses: Miscellaneous Expenses

  total $1,038,888 · program services $523,455 · management and general $511,233 · fundraising $4,200

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $106,860 · end of year $2,607,022

• 2 · Savings and temporary cash investments

  beginning of year $14,517,446 · end of year $4,650,468

• 3 · Pledges and grants receivable

  beginning of year $1,169,721 · end of year $152,462

• 4 · Accounts receivable

  beginning of year $1,164,918 · end of year $1,038,329

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $75,547

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,709,501 · end of year $1,349,251

• 10a · Land, buildings and equipment: cost or other basis

  $138,125,373

• 10b · Land, buildings and equipment: accumulated depreciation

  $81,243,798

• 10c · Land, buildings and equipment, net

  beginning of year $51,664,881 · end of year $56,881,575

• 11 · Investments: publicly traded securities

  beginning of year $64,221,060 · end of year $54,944,448

• 12 · Investments: other securities

  beginning of year $28,513,047 · end of year $30,719,277

• 13 · Investments: program-related

  beginning of year $1,001,938 · end of year $0

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $0 · end of year $417,920

• 17 · Accounts payable and accrued expenses

  beginning of year $4,073,799 · end of year $5,959,013

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $1,084,644 · end of year $1,247,881

• 20 · Tax-exempt bond liabilities

  beginning of year $32,180,000 · end of year $31,965,000

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $1,323,864 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $4,081,289

• 25 · Other liabilities

  beginning of year $2,502,510 · end of year $805,363

• 27 · Net assets without donor restrictions

  beginning of year $30,509,387 · end of year $18,903,150

• 28 · Net assets with donor restrictions

  beginning of year $92,395,168 · end of year $89,874,603

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A

MARSHA KELLIHER - THE COLLEGE PROVIDES A RESIDENCE FOR PERSONAL USE OF THE PRESIDENT AS WELL AS COLLEGE BUSINESS. THE RESIDENCE WAS TREATED AS NONTAXABLE COMPENSATION.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER TRUST (1)

  TRUST · NY

  Directly controlled by NA