Ithaca College

“Independent voting members members of the board of trustees are deemed to be non-independent if they have a compensatory relationship with the college, either because the individual receives wages from the college, a family member is employed by the college, or because the individual has a conflict relationship requiring disclosure on schedule l of the form 990. The following individuals have compensation relationships with the college: kristin r. Muenzen, mary george opperman, alexa rahman, casey l. Kendall, baruch j. Whitehead, and la jerne terry cornish.”

“Form 990 review process the college's department of financial services compiles the underlying records and prepares supporting schedules used in the preparation of the form 990. The college uses an external tax service provider to prepare and review the form 990. The vice president of finance and administration and other knowledgeable persons review the form 990 prior to submitting the form 990 to the board of trustees for review. The audit committee of the board of trustees engages in an additional review of the form 990 with the external tax service provider and persons from the college's office of business and finance. The full board of trusteess receives a complete copy of the form 990 prior to filing the form.”

“Conflict of interest policy all trustees and senior management complete annual conflict of interest forms. The forms are submitted to the secretary of the board and all disclosed conflicts are forwarded to the chair of the audit committee for review and on-going monitoring.”

“Process for determining executive compensation the process for determining compensation for all senior administrators and the president is guided by ithaca college's executive compensation philosophy. Comparability data - the office of human resources obtains comparable compensation data for persons in comparable positions at other institutions of higher education. The primary data sources are recent irs forms 990 from comparable institutions and the administrators in higher education survey published by the college and university professional association for human resources (cupa-hr). For the president (top management official) - the governance and compensation/assessment committee of the board of trustees reviews comparable compensation data provided by the office of human resources. Using these data, the governance and compensation/assessment committee makes recommendations on compensation to the executive committee of the board of trustees. The executive committee reviews the recommendations and presents the recommended compensation to the board of trustees in executive session. The board of trustees votes on a resolution setting compensation for the upcoming year. Contemporaneous documentation and recordkeeping for deliberations and decisions regarding these compensation arrangements are maintained by the secretary to the board of trustees. For the chief financial officer and provost & senior vice president - the office of human resources and the president develop recommendations for compensation using comparable compensation data. The governance and compensation/assessment committee evaluates and approves these recommendations. Contemporaneous documentation and recordkeeping for deliberations and decisions regarding these compensation arrangements are maintained by the secretary to the board of trustees. For all other vice presidents and deans - the office of human resources and the president determine compensation using comparable compensation data. The office of human resources and the president review the planned compensation with the governance and compensation/assessment committee. Contemporaneous documentation and recordkeeping for the review of these compensation arrangements are maintained by the secretary to the board of trustees.”

“Making organizational documents available to the public the public may access the college's governing documents, conflict of interest policy, and financial statements by visiting the college's website or by contacting the office of the vice president of finance administration at the contact information disclosed in part vi section c line 20. The college makes its irs determination letter confirming its tax-exempt status available to the public at its place of business upon request in lieu of the form 1023 which is no longer available.”

“Vision: a global destination for bold thinkers seeking to build thriving communities. Mission: educate, engage, and empower through theory, practice, and performance. Values: academic excellence, respect and accountability, innovation, sustainability, and equity. All of these values are interrelated and equally critical to accomplishing ithaca college's vision and mission. Academic excellence. Ithaca college views academic excellence as the integration of theory, practice, and performance. The college's unique fusion of the liberal arts and professional programs assumes that knowledge needs to inform and be informed by hands-on experience, real-life application, and concrete action. Curricular and co-curricular activities should provide all community members with opportunities to develop, debate, and critically evaluate strategies to address complex problems. Respect and accountability. Mutual care, respect, and accountability are expected in all facets of institutional life. Ithaca college values every community member's dignity and seeks to create a social environment where everyone can flourish and be their authentic self. As members of a thriving community, we demonstrate practices that foster a sense of belonging, shared responsibility, collaboration, innovation, and achievement. Accountability to ithaca college's values and policies gives us the opportunity to consider the consequences of our actions, to self-examine, and to find ways to restore trust and forgiveness when harm is caused. A culture of care and love grows when we respectfully engage in learning opportunities that help us shift out of our presumed paradigms. Innovation. A culture of innovation enables us to remain forward thinking, nimble, and adaptable to social and technological change. When people from diverse backgrounds and experiences are empowered to exchange ideas and collaboratively problem-solve, innovation grows, creativity sparks, and institutional and personal goals are achieved. Collaboration between the professional and liberal arts traditions cultivates academic excellence in the spirit of theory, practice, and performance. Sustainability. Adopting institutional strategies that offer ecological and resource-based sustenance to the people and places of ithaca college ensure its futurity. Sustainability means increasing our usage of renewable energy sources and reducing our carbon footprint because we understand the impact of our decisions on the community and the planet. It means practicing good stewardship of financial resources. It means fostering connections among students, faculty, staff, alumni, and administrators to serve the public good. We activate critical thinking, scholarly inquiry, professional skills, and performance in order to positively impact, sustain, and advance our local and global communities. Equity. We adopt an equity framework that proactively seeks to make ithaca college accessible, affordable, and inclusive for all people, especially those impacted by systemic disadvantage, marginalization, and exclusion. This endeavor requires resource allocation as well as organizational structures that facilitate equity. It demands adopting strategies for increasing the representational diversity of students, faculty, and staff who are currently underrepresented in higher education. It also means implementing inclusive policies and practices proven to foster the retention, belonging, and advancement of people who face systemic disadvantages and discrimination based on race, gender, sexual orientation, religion, ability, and national origin. Finally, an equity framework assumes inclusive decision-making processes, transparency, and accountability as the primary ways of working together.”

“Instruction, research, and public service: ithaca college is a private, nonsectarian, coeducational liberal arts college located in ithaca, new york. The princeton review consistently names the college among the best colleges in the nation, with "the best 389 colleges: 2024 edition" awarding the college high rankings on lists for best college newspaper, best college radio station, best college theater, and top 50 green colleges. In fall 2023, the college enrolled 4,368 undergraduate students and 460 graduate students. Roy h. Park school of communications: the school of communications, recognized as a leading undergraduate communications school, is known for its prominent student-run media vehicles, including: the ithacan, the college's official weekly newspaper; ithaca college television; and the wicb radio station. The school also offers the los angeles program, an internship-based program that provides students with professional experience in their chosen field while taking industry-related courses at the james b. Pendleton center, located minutes from burbank and hollywood. School of business: accredited by the association of advance collegiate schools of business (aacsb), the school of business offers a rigorous professional education, offering a range of undergraduate programs, concentrations, and minors, as well as graduate level and certificate programs. Students participate in the professions program, a professional development curriculum that allows students to develop progressive skills and gain experiences that will prepare them for competitive internships and careers. School of music, theatre, and dance: tracing its roots to the college's founding in 1892 as a conservatory of music, the school of music provides state-of-the-art facilities, features a variety of ensembles, and presents hundreds of performances annually. The school is host to several summer music opportunities to musicians of all ages, including the summer music academy and the summer piano institute, and is accredited by the national association of schools of music. The department of theatre arts draws students from across the united states and the world and is accredited by the national association of schools of theatre. School of humanities & sciences (h&s): a liberal arts education in the school of h&s prepares students for life in a rapidly changing, multicultural, and globally inclusive world. H&s students receive a broad foundational understanding of issues facing the human community. Students build their own integrative and cross-disciplinary version of an h&s education. School of health sciences and human performance (hs&hp): the school of hs&hp's students touch people's lives as clinicians, therapists, researchers, administrators, and sport professionals. Hs&hp students choose from a robust array of organizations across the nation to engage in internships and fieldwork, and can help clients at one of four on-campus clinics. The school offers a range of undergraduate programs, as well as graduate programs in areas of exercise and sport sciences, occupational therapy, physical therapy, physician assistant studies and speech-language pathology and audiology. Students are encouraged to participate in one of the college's many study abroad opportunities. The college operates the ithaca college london center, which is located in the heart of the royal borough of kensington and chelsea and is among the longest-standing study abroad programs in london. The college provides students opportunities to engage in experiential learning through scholarship, research, and creative performance with faculty and staff members. Research is funded substantially by private and governmental agencies. In june 2023, ithaca college hosted the summer games of the special olympics of new york, bringing together hundreds of athletics from across new york state, their coaches and their families.”

“Auxiliary services: auxiliary enterprises exist to furnish goods or services to students, faculty, staff, and other institutional departments. Auxiliary enterprises are managed to operate as self-supporting activities. Major auxiliary enterprises at the college include the following: dining services, which operates multiple residential and retail dining facilities located throughout the campus; the campus store, which purveys textbooks, apparel, supplies and accessories; and conference and event services, which provides a full range of meeting and event services.”

“Student services: student services includes expenses incurred for offices of admissions and the registrar, student aid administration, and activities with the primary purpose of contributing to students' emotional and physical well-being and intellectual, cultural, and social development outside the context of the formal instruction program. Student services also includes the college's multitude of athletics programs. The college's varsity teams compete at the division iii level of the ncaa. The college is also a member of the eastern college athletic conference and the liberty league. Intercollegiate sports include baseball, basketball, crew, cross country running, field hockey, football, golf, gymnastics, lacrosse, sculling, soccer, softball, swimming & diving, tennis, track & field, volleyball, and wrestling. The college also has a large intramural sports program, in which approximately 20% of students participate, and which offers a variety of sports including soccer, volleyball, flag football, and basketball, in addition to single day events such as tennis tournaments and battleship. The college is also home to more than 60 club sports, many of which compete regularly against other colleges in leagues and tournaments. Student services also includes expenses for the office of student engagement, which provides the first-year experience and orientation, and oversees student activities, multicultural events, and student organizations. The center for career exploration and development, serving both students and alumni, provides career-related education, experiential learning, professional development, and post-graduate opportunities for the benefit of students and alumni.”

“Adjustment to liabilities for other employee benefits 52,045. Adjustment to liabilities for self-insured health care 35,134. Adjustment to liabilities for gate loan program -16,783. Adjustment to liabilities for perkins loan program 12,560. Postretirement benefits gain other than net periodic benefit cost 1,476,646. Change in valuation of charitable giving annuity agreements -23,696. Change in fair value of interest rate swap agreements 476,067.”