2026-03-10T11:15:23-05:00 2025-06-30 333303535 EFPR ADVISORY LLC 100 SOUTH CLINTON AVE SUITE 1500 ROCHESTER NY 14604 990 2024-07-01 166054295 KEUKA COLLEGE KEUK 3152795244 141 CENTRAL AVENUE KEUKA PARK NY 14478 BRIAN MCDONALD VP OF FINANCE & ADMIN. 3152795328 2026-03-10 1 1 CHRISTOPHER JOHNSTON P00896198 5854278900 2026-03-10 2024 2025-03-06 01:10:19Z AMY STOREY 141 CENTRAL AVENUE KEUKA PARK NY 14478 58803961 0 X WWW.KEUKA.EDU X 1892 NY TO CREATE EXEMPLARY CITIZENS AND LEADERS TO SERVE THE NATION AND THE WORLD OF THE 21ST CENTURY. 16 14 728 397 238396 0 6960764 4256540 47436959 51737868 2005450 1517576 526393 953765 56929566 58465749 18560530 20702219 0 0 20505625 21418927 0 0 479962 16384921 14779250 55451076 56900396 1478490 1565353 65368810 67693210 25462554 25442926 39906256 42250284 X TO CREATE EXEMPLARY CITIZENS AND LEADERS TO SERVE THE NATION AND THE WORLD OF THE 21ST CENTURY. 0 0 45706181 20702219 52453237 SINCE ITS FOUNDING IN 1890 AS A SPIRITUALLY CENTERED COLLEGE OF LIBERAL ARTS AND PRACTICAL LEARNING, KEUKA COLLEGE HAS GRADUATED GENERATIONS OF HUMANISTS AND SCIENTISTS, CONTRIBUTIVE CITIZENS AND CARING LEADERS; WOMEN AND MEN ENERGETICALLY ENGAGED IN THE ART OF LEADING PRODUCTIVE AND FULFILLING LIVES. KEUKA COLLEGE STUDENTS ARE CHOSEN FOR REASONS OF ABILITY AND CHARACTER, AND DURING THEIR KEUKA COLLEGE YEARS, THEY DEVELOP THOSE ABILITIES, DISCOVER OTHERS THEY DID NOT KNOW THEY HAD, AND TAKE RESPONSIBILITY NOT ONLY OF THE COURSE OF THEIR EDUCATIONS, BUT THE PURSUIT OF THEIR OWN HAPPINESS.KEUKA COLLEGE OFFERS ACCREDITED LIBERAL ARTS-BASED UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS AT ITS HOME CAMPUS AND ACROSS NEW YORK STATE. THE COLLEGE ALSO OPERATES PROGRAMS IN CHINA AND VIETNAM. NURSING, BUSINESS, CRIMINAL JUSTICE, SOCIAL WORK, OCCUPATIONAL THERAPY, PSYCHOLOGY, AND BIOLOGY ARE AMONG THE TOP PROGRAMS IN THE COLLEGE'S PROGRAM PORTFOLIO. 45706181 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1877 0 1 728 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 14 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA MD X BRIAN MCDONALD VP OF FINANCE & ADMIN 3152795328 141 CENTRAL AVENUE KEUKA PARK NY 144780098 AMY STOREY PRESIDENT 40.00 X X 358698 0 53993 AMANDA CHU BOARD OF TRUSTEES 1.00 X 0 0 0 JANET HESLOP SECRETARY 1.00 X X 0 0 0 STEVEN BOISVERT BOARD OF TRUSTEES 1.00 X 0 0 0 CRYSTAL J GIPS EDD CHAIR 1.00 X X 0 0 0 TWYLA CUMMINGS BOARD OF TRUSTEES 1.00 X 0 0 0 PAUL CURCILLO II BOARD OF TRUSTEES 1.00 X 0 0 0 VALERIE DAVIS-HOWARD BOARD OF TRUSTEES 1.00 X 0 0 0 SUZANNE AQUILINA DNP BOARD OF TRUSTEES 1.00 X 0 0 0 DAN GALE TREASURER 1.00 X X 0 0 0 STEVE SOLOMON BOARD OF TRUSTEES 1.00 X 0 0 0 JUANITA M HAWKINS BOARD OF TRUSTEES 1.00 X 0 0 0 JEFFREY WRIGHT VICE CHAIR 1.00 X X 0 0 0 LYN FITCH BOARD OF TRUSTEES 1.00 X 0 0 0 LEILANI PRICE STUDENT TRUSTEE REPRESENTA 1.00 X 1678 0 0 ALICIA RUSH STUDENT TRUSTEE REPRESENTA 1.00 X 1281 0 0 MARC MISIUREWICZ BOARD OF TRUSTEES 1.00 X 0 0 0 JOHN PAUL PEREZ BOARD OF TRUSTEES 1.00 X 0 0 0 ROBERT BAUMET VP FINANCE & ADMIN (UNTIL 9/2024) 40.00 X 89509 0 13786 BRIAN MCDONALD VP FINANCE & ADMIN (BEGIN 7/2024) 40.00 X 118438 0 33 TIMOTHY SELLERS VP CONT. & ONLINE ED. (UNTIL 5/2024) 40.00 X 151658 0 11439 PETE BEKISZ VP ENROLLMENT MGMT & MKTG 40.00 X 194692 0 18695 HEATHER MALDONADO INT PROVOST & VP ACADEMIC AFFAIRS 40.00 X 188989 0 42359 MALIA SPOFFORD XAVIER ASSISTANT PROVOST 40.00 X 124991 0 28693 PHIL CATALANO AVP & CONTROLLER (UNTIL 2/2025) 40.00 X 145471 0 28324 KATEY CHEPLICK AVP TECH SOLUTIONS & SYS 40.00 X 111430 0 12551 KLAUDIA LORINCZOVA DIV CHAIR & PROF OF EDUCATION 40.00 X 109326 0 15030 CARRIE ROBERTS AVP EXP. EDUCATION & WELLNESS 40.00 X 109024 0 34692 BRAD FUSTER PROVOST & VP ACAD AFF (UNTIL 6/2024) 40.00 X 140418 0 6947 1845603 0 266542 16 1 1 0 KEYPATH EDUCATION LLC 1933 N MEACHAM RD STE 400 SCHAUMBURG IL 60173 ONLINE EDUCATION 2604252 AVI FOODSYSTEMS INC 2590 ELM RD WARREN OH 44483 FOOD SERVICES 2566751 GROOVER CONSTRUCTION 625 TURNER RD NEWWARK NY 14513 CONSTRUCTION 750080 NMS SECURITY SERVICES LLC DEPT 1206 PO BOX 35146 SEATTLE WA 98124 SECURITY SERVICES 599714 FINGER LAKES PREMIER PROPERTIES INC 142 LAKE STREET PENN YAN NY 14527 PHYSICAL PLANT/HOUSEKEEPING 330081 17 1304103 2952437 86621 4256540 TUITION & FEES 900099 39729075 39729075 ROOM & BOARD 900099 9705107 9705107 INTERNATIONAL EXPANSION PROGRAMS 900099 2088852 2088852 AUXILIARY ENTERPRISES 531190 214834 93748 121086 51737868 1042514 1042514 324829 82363 242466 242466 150862 91604 730911 255849 475062 475062 475062 MISCELLANEOUS FEES 900099 705589 679883 25706 DEFERRED GIVING ARRANGEMENTS 900099 5710 5710 711299 58465749 52453237 238396 1517576 20702219 20702219 1242289 1242289 15974995 12331827 3356474 286694 400838 400838 2391412 1671209 623224 96979 1409393 1026567 382826 126955 126955 75900 75900 112132 12573 99559 2157173 789912 1319087 48174 392914 5167 387539 208 1857650 1033022 821678 2950 39736 39736 4156941 4058488 98453 399652 332226 45312 22114 60578 33175 27108 295 529907 476688 53219 2719252 2446152 273100 716100 716100 MISCELLANEOUS EXPENSES 795736 607532 176994 11210 BAD DEBTS EXPENSE 237941 237941 DUES/MEMBERSHIPS 196754 121501 63915 11338 CREDIT CARD FEES 96948 96948 106981 57923 49058 56900396 45706181 10714253 479962 2527633 1141230 7289965 6199624 480439 576302 1833862 1922485 215415 220386 209109 132228 14739 82640 210587 192781 89890983 54425108 33253551 35465875 17329481 19312743 2004029 2446916 65368810 67693210 1094207 2189133 1957931 1793024 19381986 18577598 3028430 2883171 25462554 25442926 X 18589977 18838815 21316279 23411469 39906256 42250284 65368810 67693210 1565353 778675 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 19026340 731126 2011862 330139 404496 112132 20922561 17623100 412665 1785713 322495 377042 95601 19026340 16694095 322705 1380205 306723 374536 92646 17623100 18802458 362622 -1741827 289498 339464 100196 16694095 15706631 742946 3505739 417816 648026 87016 18802458 0.05386 0.66422 0.28192 1 0 45000 45000 1708100 66681149 38996960 29392289 14011883 11728705 2283178 7444851 3699443 3745408 35465875 CONDITIONAL ASSET RETIREMENT OBLIGATION 1720098 DEFERRED COMPENSATION PLAN LIABILITIES 169050 DEFERRED GIVING OBLIGATIONS 380909 REFUNDABLE GOVERNMENT LOAN FUNDS 613114 2883171 X 38624568 778675 82363 861038 37763530 20702219 20702219 58465749 36280540 82363 82363 36198177 20702219 20702219 56900396 PART III, LINE 1A: THE COLLEGE'S COLLECTIONS INCLUDE WORKS OF ART, SCULPTURES, LITERARY WORKS, HISTORICAL TREASURES AND ARTIFACTS THAT ARE MAINTAINED IN THE COLLEGE LIBRARY'S ART GALLERY AND IN VARIOUS LOCATIONS ACROSS CAMPUS. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR PUBLIC EXHIBITION AND EDUCATION. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR CONTINUOUSLY. CURRENTLY, THE COLLEGE HAS NO PLANS TO SELL THESE COLLECTIONS. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH CONTRIBUTIONS, ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENT OF FINANCIAL POSITION. CONTRIBUTED COLLECTION ITEMS ARE NOT RECORDED IN THE FINANCIAL STATEMENTS. PART III, LINE 4: THE WORKS OF ART, SCULPTURES AND OTHER ITEMS OF COLLECTIBLE SIGNIFICANCE ARE ON EXHIBITION FOR STUDENTS IN AN EFFORT TO ENHANCE THE STUDENT'S KNOWLEDGE AND APPRECIATION OF ART TO FOSTER PERSONAL AND ACADEMIC DEVELOPMENT WHILE VALUING CULTURE AND DIVERSITY. PART V, LINE 4: THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 100 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS TOTAL ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE TRUSTEES TO FUNCTION AS ENDOWMENTS. THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: INCOME TAXES - THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE COLLEGE'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH ASC 740-10-50, THE COLLEGE RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT THE COLLEGE IS CURRENTLY OPERATING IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THEREFORE, NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS HAS BEEN INCLUDED ON THE COLLEGE'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 82,363. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDED & UNFUNDED STUDENT AID 20,702,219. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 82,363. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDED & UNFUNDED STUDENT AID 20,702,219. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS POSTED ON EACH PAGE OF THE COLLEGE WEBSITE. STATEMENTS ARE INCLUDED ON PRINT ADVERTISEMENTS AND PUBLICATIONS. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL AID FROM STATE AND FEDERAL AGENCIES (HEOP, TAP AND TITLE IV) THAT IS PASSED TO THE COLLEGE'S STUDENTS. THE COLLEGE FILES THE APPROPRIATE REPORTS WITH THE FEDERAL AUDIT CLEARINGHOUSE AND THE DEPARTMENT OF EDUCATION. REVENUES AND EXPENSES FROM THIS AID ARE CONSIDERED AGENCY FUNDS AND ARE NOT RECORDED AS REVENUES AND EXPENSES OF THE COLLEGE. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: SAMHSA GRANT: THE SUBSTANCE ABUSE AND MENTAL HEALTH SERVICES ADMINISTRATION (SAMHSA) IS AN AGENCY WITHIN THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES THAT LEADS PUBLIC HEALTH EFFORTS TO ADVANCE THE BEHAVIORAL HEALTH OF THE NATION. SAMHSA, CENTER FOR MENTAL HEALTH SERVICES (CMHS) ACCEPTED KEUKA COLLEGE'S GRANT APPLICATIONS FOR FISCAL YEAR (FY) 2021 MENTAL HEALTH AWARENESS TRAINING GRANTS (SHORT TITLE: MHAT). THE PURPOSE OF THIS PROGRAM IS TO: (1) TRAIN INDIVIDUALS (E.G., SCHOOL PERSONNEL, EMERGENCY FIRST RESPONDERS, LAW ENFORCEMENT, VETERANS, ARMED SERVICES MEMBERS AND THEIR FAMILIES) TO RECOGNIZE THE SIGNS AND SYMPTOMS OF MENTAL DISORDERS, PARTICULARLY SERIOUS MENTAL ILLNESS (SMI) AND/OR SERIOUS EMOTIONAL DISTURBANCES (SED); (2) ESTABLISH LINKAGES WITH SCHOOL- AND/OR COMMUNITY-BASED MENTAL HEALTH AGENCIES TO REFER INDIVIDUALS WITH THE SIGNS OR SYMPTOMS OF MENTAL ILLNESS TO APPROPRIATE SERVICES; (3) TRAIN EMERGENCY SERVICES PERSONNEL, LAW ENFORCEMENT, FIRE DEPARTMENT PERSONNEL, VETERANS, AND OTHERS TO IDENTIFY PERSONS WITH A MENTAL DISORDER AND EMPLOY CRISIS DE-ESCALATION TECHNIQUES; AND (4) EDUCATE INDIVIDUALS ABOUT RESOURCES THAT ARE AVAILABLE IN THE COMMUNITY FOR INDIVIDUALS WITH A MENTAL DISORDER. IT IS EXPECTED THAT THIS PROGRAM WILL PREPARE AND TRAIN OTHERS ON HOW TO APPROPRIATELY AND SAFELY RESPOND TO INDIVIDUALS WITH MENTAL DISORDERS, PARTICULARLY INDIVIDUALS WITH SMI AND/OR SED. TITLE III GRANT: THE OFFICE OF POSTSECONDARY EDUCATION (AN OFFICE OF THE US DEPARTMENT OF EDUCATION) WORKS TO STRENGTHEN THE CAPACITY OF COLLEGES AND UNIVERSITIES TO PROMOTE REFORM, INNOVATION AND IMPROVEMENT IN POSTSECONDARY EDUCATION, PROMOTE AND EXPAND ACCESS TO POSTSECONDARY EDUCATION AND INCREASE COLLEGE COMPLETION RATES FOR AMERICA'S STUDENTS, AND BROADEN GLOBAL COMPETENCIES THAT DRIVE THE ECONOMIC SUCCESS AND COMPETITIVENESS OF OUR NATION. INSTITUTIONAL SERVICE (IS) ADMINISTERS PROGRAMS AUTHORIZED UNDER TITLE III, TITLE V, AND TITLE VII OF THE HIGHER EDUCATION ACT OF 1965, AS AMENDED. THE AID FOR INSTITUTIONAL DEVELOPMENT PROGRAMS (COMMONLY REFERRED TO AS THE TITLE III PROGRAMS) SUPPORT IMPROVEMENTS IN EDUCATIONAL QUALITY, MANAGEMENT AND FINANCIAL STABILITY AT QUALIFYING POSTSECONDARY INSTITUTIONS. THE PROGRAM (STRENGTHENING INSTITUTIONS PROGRAM) HELPS ELIGIBLE INSTITUTIONS OF HIGHER EDUCATIONS TO BECOME SELF-SUFFICIENT AND EXPAND THEIR CAPACITY TO SERVE LOW-INCOME STUDENTS BY PROVIDING FUNDS TO IMPROVE AND STRENGTHEN THE ACADEMIC QUALITY, INSTITUTIONAL MANAGEMENT, AND FISCAL STABILITY OF ELIGIBLE INSTITUTIONS. EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 6 6 PROGRAM SERVICES EDUCATION INSTRUCTORS 208014 EAST ASIA AND THE PACIFIC 6 6 PROGRAM SERVICES IN-COUNTRY TRAVEL & MEALS 30801 12 12 0 0 12 12 238815 0 238815 0 0 0 0 0 0 1 KEUKA GRANTS 834 20702219 BOOK PART I, LINE 2: AWARDING OF INSTITUTIONAL AID IS DRIVEN BY THE AWARD THE STUDENT RECEIVES UPON ENTRANCE TO KEUKA COLLEGE. THE ADMISSIONS AND FINANCIAL AID SCHOLARSHIP COMMITTEE FIRST DETERMINES IF THE STUDENT IS ELIGIBLE FOR MERIT BASED AWARDS. THESE AWARDS ARE BASED ON ACADEMIC AND CO-CURRICULAR ACTIVITIES. EACH STUDENT IS THEN REVIEWED FOR NEED-BASED GRANT FUNDING, CAMPUS BASED AID AND CAMPUS EMPLOYMENT TO DETERMINE ELIGIBILITY. STUDENTS ARE PLACED ON THIS GRID BY USING THE ADMISSION'S SCHOLARSHIP CRITERIA TO DETERMINE THEIR RATING AND THEN THEIR FINANCIAL NEED FACTOR AS DETERMINED BY THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) FOR THAT ACADEMIC YEAR. STUDENT AWARDS ARE REVIEWED ON A YEARLY BASIS TO DETERMINE THEIR ELIGIBILITY. TYPICALLY A STUDENT AWARD WILL NOT CHANGE UNLESS FINANCIAL NEED OR ACADEMIC PROGRESS CHANGES. TUITION BASED AWARDS WILL INCREASE/DECREASE WITH THE VALUE OF TUITION EACH YEAR. INSTITUTIONAL AID IS PLACED ON THE STUDENTS ACCOUNT TYPICALLY IN TWO EQUAL DISBURSEMENTS (FALL AND SPRING). THESE DISBURSEMENTS ARE NOT RELEASED UNTIL ALL REQUIRED DOCUMENTATION IS COMPLETE IN THE STUDENT'S FILE. DISBURSEMENTS ARE MADE 10 DAYS PRIOR TO THE START OF CLASSES EACH SEMESTER. INSTITUTIONAL GRANTS ARE AWARDED TO TRADITIONAL UNDERGRADUATE, INTERNATIONAL STUDENTS AND A LIMITED NUMBER OF STUDENTS IN THE GRADUATE AND ACCELERATED STUDY PROGRAM. X 1 1 X X X 1 0 0 0 0 0 0 0 0 AMY STOREY PRESIDENT 341044 0 10514 0 7140 0 13525 0 40468 0 412691 0 0 0 HEATHER MALDONADO INT PROVOST & VP ACADEMIC AFFAIRS 183671 0 4985 0 333 0 7544 0 34815 0 231348 0 0 0 PETE BEKISZ VP ENROLLMENT MGMT & MKTG 189034 0 5325 0 333 0 7867 0 10828 0 213387 0 0 0 PHIL CATALANO AVP & CONTROLLER (UNTIL 2/2025) 130970 0 4429 0 10072 0 5745 0 22579 0 173795 0 0 0 TIMOTHY SELLERS VP CONT. & ONLINE ED. (UNTIL 5/2024) 69889 0 0 0 81769 0 2887 0 8552 0 163097 0 0 0 MALIA SPOFFORD XAVIER ASSISTANT PROVOST 121575 0 3416 0 0 0 5309 0 23384 0 153684 0 0 0 BRAD FUSTER PROVOST & VP ACAD AFF (UNTIL 6/2024) 118258 0 0 0 22160 0 4308 0 2639 0 147365 0 0 0 PART I, LINE 1A KEUKA COLLEGE PROVIDED THE PRESIDENT A PERSONAL CAR ALLOWANCE OF $7,140. THIS ITEM WAS CONSIDERED A TAXABLE BENEFIT AND WAS INCLUDED AS WAGE COMPENSATION ON FORM W-2. KEUKA COLLEGE PROVIDED THE CURRENT VP FOR FINANCE & ADMINISTRATION WITH A HOUSING ALLOWANCE OF $3,086. THIS WAS CONSIDERED A TAXABLE BENEFIT AND WAS INCLUDED AS WAGE COMPENSATION ON FORM W-2. KEUKA COLLEGE PROVIDED THE FORMER VP FOR FINANCE & ADMINISTRATION WITH A HOUSING ALLOWANCE OF $4,315. THIS WAS CONSIDERED A TAXABLE BENEFIT AND WAS INCLUDED AS WAGE COMPENSATION ON FORM W-2. KEUKA COLLEGE PROVIDED THE ASSOCIATE VP AND CONTROLLER WITH A HOUSING ALLOWANCE OF $9,738. THIS WAS CONSIDERED A TAXABLE BENEFIT AND WAS INCLUDED AS WAGE COMPENSATION ON FORM W-2. PART I, LINE 4A BRAD FUSTER, FORMER PROVOST & VP FOR ACADEMIC AFFAIRS, RECEIVED $22,159.78 AS A SEVERANCE PAYMENT DURING THE CALENDAR YEAR 2024. JOSEPH BURKE FORMER PRESIDENT SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN PREMIUMS X 150000 220386 0 1 1 220386 ALICIA RUSH STUDENT TRUSTEE REPRESENTATIVE AND SCHOLARSHIP RECIPIENT 23200 SCHOLARSHIPS FINANCIAL AID LEILANI PRICE STUDENT TRUSTEE REPRESENTATIVE AND SCHOLARSHIP RECIPIENT 23250 SCHOLARSHIPS FINANCIAL AID ALAN STOREY SPOUSE OF THE PRESIDENT OF THE COLLEGE 112739 EMPLOYEE OF THE COLLEGE 0 TERRANCE SPYCHALSKI FATHER OF THE PRESIDENT OF THE COLLEGE 63577 HOURLY CONSULTANT TO THE COLLEGE 0 CHRISTOPHER J WRIGHT BROTHER OF BOARD TRUSTEE 19200 CONTRACTOR OF THE COLLEGE 0 X 8 69106 FMV AT DATE OF DONATION X FOOD FOR EVENTS 4 17515 FMV 0 1 1 PART I, LINE 32B: CANANDAIGUA WEALTH STRATEGIES GROUP ACCEPTS AND SELLS STOCK GIFTS GIVEN TO KEUKA COLLEGE THROUGH THEIR DTC SYSTEM. FORM 990, PART VI, SECTION A, LINE 4 ON MARCH 7, 2025, THE COLLEGE MADE THE FOLLOWING SIGNIFICANT CHANGES TO ITS BY-LAWS: ARTICLE III, SECTION 1C - THE STUDENT TRUSTEES SHALL BE NOMINATED FROM THE STUDENT BODY AND ELECTED BY THE BOARD OF TRUSTEES FOR A TERM OF TWO YEARS, ONE SUCH TRUSTEE FROM THE INCOMING JUNIOR CLASS BEING ELECTED EACH YEAR. ARTICLE XI, SECTION 5 - THE EXECUTIVE COMMITTEE SHALL ALSO ADMINISTER THE COLLEGE'S CONFLICT OF INTEREST AND WHISTLEBLOWER POLICIES AND HAVE OVERSIGHT FOR THE PERFORMANCE EVALUATION AND PROFESSIONAL DEVELOPMENT OF THE PRESIDENT. ARTICLE XI, SECTION 8 - THE GOVERNANCE COMMITTEE SHALL ALSO BE RESPONSIBLE FOR THE PROFESSIONAL DEVELOPMENT OF THE BOARD AND SHALL ASSIST WITH EVALUATING THE PERFORMANCE OF THE BOARD COLLECTIVELY. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER VERIFIES THE ACCURACY OF THE 990 IN DETAIL. IT IS THEN REVIEWED IN DETAIL WITH THE ENTIRE AUDIT COMMITTEE. ALL INDIVIDUALS ARE PROVIDED WITH COPIES OF THE FORM 990. IN ADDITION, THE FULL BOARD REVIEWS THE SALARY DISCLOSURES AND ARE PROVIDED WITH A FINAL COPY OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES WRITTEN CONFLICT OF INTEREST FORMS ARE SUBMITTED ANNUALLY AND FILED WITH THE EXECUTIVE ASSISTANT TO THE PRESIDENT AND BOARD LIAISON. THE EXECUTIVE COMMITTEE SHALL ADMINISTER THE COLLEGE'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE GOVERNANCE (GOV) COMMITTEE OF THE BOARD EVALUATED THE PRESIDENT BASED ON 6 KEY AREAS THAT THE COMMITTEE AND THE PRESIDENT AGREED UPON. THE GOV THEN RECOMMENDED THE PRESIDENT'S COMPENSATION PLAN ADJUSTMENT TO THE FULL BOARD. THE PRESIDENT ANNUALLY REVIEWS THE PERFORMANCE OF THE VICE PRESIDENTS. ANY SALARY AND COMPENSATION ADJUSTMENTS OF THE VICE PRESIDENTS ARE GRANTED AFTER AN EVALUATION WITH COMPARABLE EXECUTIVE SALARIES OF PEER COLLEGES, WITHIN AN ESTABLISHED RANGE. THE PRESIDENT DETERMINES THE SALARY ADJUSTMENTS AND ANY SALARY ADJUSTMENTS OUTSIDE OF THE COMPARABILITY RANGE MUST BE APPROVED BY THE COMPENSATION AND EXECUTIVE COMMITTEE. ALSO, DURING THE FISCAL YEAR 2009-10, THE COLLEGE LOANED $50,000 TO THE FORMER PRESIDENT OF THE COLLEGE TO COVER THE PREMIUMS ON A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). DURING THE FISCAL YEAR 2010-11, THE COLLEGE LOANED AN ADDITIONAL $100,000 TO THE FORMER PRESIDENT OF THE COLLEGE TO COVER THESE PREMIUMS. UNDER THE TERMS OF THE AGREEMENT, THE COLLEGE WILL RECEIVE THE PRINCIPAL AMOUNT, PLUS INTEREST AFTER THE DEATHS OF BOTH THE FORMER PRESIDENT AND HIS SPOUSE. THE LOAN IS SECURED BY THE INSURANCE POLICY OF THE FORMER PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE BY REQUEST IN THE COLLEGE BUSINESS OFFICE. FORM 990, PART XII, LINE 2C: THE PROCESS FOR THE REVIEW OF THE AUDIT REPORT HAS NOT CHANGED FROM THE PRIOR YEAR.