2026-04-13T13:31:21-05:00 2025-05-31 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2024-06-01 166031585 HILBERT COLLEGE HILB 7166497900 5200 SOUTH PARK AVE HAMBURG NY 14075 LISA RESSMAN CONTROLLER 7166497900 2026-04-13 1 1 LAURA J KENNEY P00202198 6177170831 2026-04-13 2024 2025-03-06 01:10:19Z MICHAEL CORNELL 5200 SOUTH PARK AVE HAMBURG NY 14075 33649000 0 X WWW.HILBERT.EDU X 1957 NY HILBERT COLLEGE IS AN INDEPENDENT INSTITUTION OF HIGHER LEARNING THAT EMBRACES ITS CATHOLIC FRANCISCAN HERITAGE AND VALUES. STUDENTS FROM DIVERSE BACKGROUNDS ARE EDUCATED IN LIBERAL ARTS AND PROFESSIONAL PROGRAMS TO BECOME INFORMED CITIZENS COMMITTED TO SERVING AND STRENGTHENING THEIR COMMUNITIES. 21 20 457 27 0 0 1078732 1460472 29574898 31224171 362045 688905 268844 275452 31284519 33649000 11998367 11975499 0 0 11465791 11421670 5500 0 52512 10996458 10866945 34466116 34264114 -3181597 -615114 36057322 32751016 16917758 13870221 19139564 18880795 X HILBERT COLLEGE IS AN INDEPENDENT INSTITUTION OF HIGHER LEARNING THAT EMBRACES ITS CATHOLIC FRANCISCAN HERITAGE AND VALUES. STUDENTS FROM DIVERSE BACKGROUNDS ARE EDUCATED IN LIBERAL ARTS AND PROFESSIONAL PROGRAMS TO BECOME INFORMED CITIZENS COMMITTED TO SERVING AND STRENGTHENING THEIR COMMUNITIES. 0 0 29012611 11975499 31224171 HILBERT COLLEGE IS A HIGHER EDUCATION INSTITUTION OFFERING BACCALAUREATE DEGREES IN 25 PROGRAM AREAS AND MASTER DEGREES IN TWO PROGRAM AREAS. STUDENT SERVICES PROVIDED INCLUDE INSTRUCTION, STUDENT FINANCE, ADMISSIONS, CAREER DEVELOPMENT, MISSION INTEGRATION, COUNSELING, ATHLETICS, SCHOLARSHIPS, FINANCIAL AID, DIVERSITY AND INCLUSION AND STUDENT GOVERNMENT. THE COLLEGE'S ENGAGING, STUDENT-CENTERED CAMPUS COMMUNITY OFFERS NUMEROUS LEADERSHIP, INTERNSHIP, AND SERVICE LEARNING OPPORTUNITIES FROM WHICH STUDENTS LAUNCH SUCCESSFUL CAREERS WHILE MAKING A POSITIVE CHANGE IN THEIR COMMUNITIES. HILBERT COLLEGE TYPICALLY SERVES AROUND 700 IN PERSON STUDENTS, AND APPROXIMATELY 250 ONLINE STUDENTS. 29012611 1 1 0 0 0 1 0 0 0 1 1 0 0 1 1 1 0 1 1 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 139 0 1 457 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 20 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X LISA RESSMAN 7166497900 5200 SOUTH PARK AVE HAMBURG NY 14075 MICHAEL S BROPHY PRESIDENT 40.00 20.00 X X 280899 0 136468 LAURIE BOREANAZ CARRA CHAIR 2.00 1.00 X X 0 0 0 LAMONT WILLIAMS VICE CHAIR 1.00 0.00 X X 0 0 0 ERICKA N BENNETT ESQ TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY J BILLITTIER IV MD TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM D BRINSON TRUSTEE 1.00 0.00 X 0 0 0 MINDY CERVONI TRUSTEE 1.00 0.00 X 0 0 0 BRIAN J CONNOLLY TRUSTEE 1.00 0.00 X 0 0 0 REV SEAN DIMARIA TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL DONLON TRUSTEE 1.00 0.00 X 0 0 0 REV SEAN PAUL FLEMING TRUSTEE 1.00 0.00 X 0 0 0 SR MARCIA ANN FUITKO TRUSTEE (THRU 5/25) 1.00 0.00 X 0 0 0 RICHARD HAMISTER TRUSTEE (THRU 5/25) 1.00 0.00 X 0 0 0 HON CRAIG D HANNAH TRUSTEE 1.00 0.00 X 0 0 0 TERRANCE HEARD TRUSTEE 1.00 0.00 X 0 0 0 REV TED JOST TRUSTEE (THRU 5/25) 1.00 0.00 X 0 0 0 THOMAS MCARTHUR TRUSTEE (THRU 7/24) 1.00 0.00 X 0 0 0 MICHAEL MCCABE TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL MOMMERTZ TRUSTEE 1.00 0.00 X 0 0 0 REV JAMES MONACO TRUSTEE 1.00 0.00 X 0 0 0 LOUIS PETRUCCI MPA TRUSTEE 1.00 0.00 X 0 0 0 LISA RESSMAN CPA TRUSTEE 1.00 0.00 X 0 0 0 FR NICHOLAS ROKITKA OFM CONV TRUSTEE 1.00 0.00 X 0 0 0 JENNIFER SEIB LMHC CASAC TRUSTEE 1.00 0.00 X 0 0 0 RICHARD SUCHAN TRUSTEE 1.00 0.00 X 0 0 0 MICHELLE SULLIVAN TRUSTEE (THRU 5/25) 1.00 1.00 X 0 0 0 MICHAEL TEPFENHART TRUSTEE (THRU 1/25) 1.00 0.00 X 0 0 0 CAMILLE WICHER TRUSTEE (THRU 5/25) 1.00 0.00 X 0 0 0 KRISTINE STILL PROVOST 40.00 0.00 X 173559 0 70057 KATHLEEN CHRISTY VP FOR INSTITUTIONAL ADVANCEMENT 40.00 0.00 X 136565 0 54305 DONALD LANDO VP FROM HILBERT COLLEGE GLOBAL 40.00 0.00 X 133576 0 45217 AMY SMITH ACADEMIC DEAN 40.00 0.00 X 112386 0 60988 DIEDRE DEBOSE VP FOR MISSION AND ADVANCEMENT 40.00 0.00 X 115341 0 28066 952326 0 395101 8 0 1 0 ELBERS LANDSCAPE SERVICE 2900 MAIN ST BUFFALO NY 14214 LANDSCAPING AND GROUNDS 562411 BOTTOM LINE ADVISORS 50 FOUNTAIN PLAZA 1400 BUFFALO NY 14202 CONTRACT REVIEW 130337 LAKEVIEW HEATING PO BOX 4 LAKEVIEW NY 14085 HVAC/FURNACE 116600 FASTSPOT 2980 FALLS ROAD SUITE 300 BALTIMORE MD 21211 WEBSITE 102119 4 606645 853827 1460472 TUITION AND FEES 611600 27265135 27265135 AUXILIARY SERVICES 721000 3959036 3959036 31224171 688905 688905 336 336 58378 0 58378 58378 58378 OTHER REVENUE 900099 132016 132016 STUDENT INTEREST 900099 59880 59880 TRANSCRIPTS 900099 23079 23079 1763 1763 216738 33649000 31224171 0 964357 11580830 11580830 394669 394669 323170 323170 9189628 7572556 1617072 401547 291781 109766 859511 718204 141307 647814 476491 171323 114804 114804 542984 542984 42578 42578 1462912 1341046 111794 10072 647456 575651 71805 76025 30577 36302 9146 562392 198852 335682 27858 2142218 1493604 648614 80245 55013 25232 461477 323034 138443 1274914 892440 382474 256085 189810 66275 OTHER EXPENSE 1388787 1127464 255887 5436 ATHLETICS 892019 892019 CAFETERIA FOOD SERVICE 739495 739495 EQUIPMENT 148594 85115 63479 33960 33960 34264114 29012611 5198991 52512 226699 372850 6485 69853 26415 25108 3532503 1882476 40657 21798 167217 92693 40415294 20895860 20091895 19519434 8556680 8063585 3408771 2703219 36057322 32751016 2233682 1713727 926964 1002121 2630366 2347758 7071653 5130425 4055093 3676190 16917758 13870221 X 12132930 12107677 7006634 6773118 19139564 18880795 36057322 32751016 -615114 356345 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 98 29294 43184 3008137 0 0 3808428 27421 240677 43184 401091 3632251 5055690 4100 285979 168343 1368998 3808428 5400438 10960 -47618 308090 5055690 7987085 31460 -263048 1689672 665387 5400438 5977299 10018 2293281 293513 7987085 0.00000 0.82817 0.17183 0 0 1796067 1796067 32121503 17664285 14457218 5367102 2800862 2566240 1130622 430713 699909 19519434 DUE FROM AFFILIATES 380170 RIGHT-TO-USE ASSETS 329501 INVESTMENTS - COLLATERAL 1993548 2703219 AGENCY FUNDS 477579 DUE TO AFFILIATES 877187 FUNDS HELD FOR OTHERS 1941519 LEASE LIABILITIES 367214 U.S. GOVERNMENT LOAN FUNDS REFUNDABLE 12691 3676190 X PART V, LINE 4: THE PRIMARY PURPOSE OF THE EARNINGS GENERATED BY THE INVESTMENT OF HILBERT COLLEGE'S ENDOWED FUNDS IS TO PROVIDE SCHOLARSHIPS FOR THE COLLEGE'S STUDENTS. SOME OF THE ENDOWED FUNDS ARE RESTRICTED FOR FACULTY DEVELOPMENT, LIBRARY SUPPORT, AND STUDENT ACTIVITIES. PART X, LINE 2: HILBERT COLLEGE IS A 501(C)(3) CORPORATION EXEMPT FROM INCOME TAXATION UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE. MANAGMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COLLEGE AND HAS CONCLUDED THAT AS OF MAY 31, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WHILE NOT ON THE WEBSITE HOMEPAGE, THE FOLLOWING STATEMENT IS USED IN ALL PUBLICATIONS AND PLACED IN MEDIA ADVERTISING AT LEAST ONCE EACH YEAR: HILBERT COLLEGE IS OPEN TO MEN AND WOMEN REGARDLESS OF FAITH, RACE, AGE, PHYSICAL HANDICAP, OR NATIONAL ORIGIN. ALL STUDENTS HAVE AN EQUAL OPPORTUNITY TO PERSUE THEIR EDUCATIONAL GOALS THROUGH PROGRAMS AVAILABLE AT THE COLLEGE. SCHEDULE E, PART I, LINE 6 HILBERT COLLEGE ANNUALLY RECEIVES FUNDING FROM NEW YORK STATE IN THE FORM OF BUNDY AID. THE AMOUNT OF FUNDING IS BASED ON THE NUMBER OF STUDENTS WHO GRADUATED FROM THE COLLEGE IN THE PRECEDING YEAR. THE AMOUNT OF FINANCIAL ASSISTANCE IS AN INDUSTRY STANDARD AMOUNT INSTITUTIONS OF HIGHER EDUCATION IN NEW YORK STATE AND IS USED BY HILBERT COLLEGE TO FUND SCHOLARSHIPS FOR HILBERT COLLEGE STUDENTS. 0 NORTH AMERICA 0 0 SCHOLARSHIPS 318819 RUSSIA AND NEIGHBORING STATES 0 0 SCHOLARSHIPS 64600 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 SCHOLARSHIPS 600 SUB-SAHARAN AFRICA 0 0 SCHOLARSHIPS 10650 0 0 0 0 0 0 394669 0 394669 SCHOLARSHIP NORTH AMERICA 15 318819 CREDIT ON STUDENT ACCOUNT 0 N/A N/A SCHOLARSHIP RUSSIA AND NEIGHBORING STATES 3 64600 CREDIT ON STUDENT ACCOUNT 0 N/A N/A SCHOLARSHIP SUB-SAHARAN AFRICA 1 10650 CREDIT ON STUDENT ACCOUNT 0 N/A N/A 0 0 0 0 0 0 PART I, LINE 2: STUDENTS SEEKING FINANCIAL AID MUST DOCUMENT THEIR FINANCIAL CIRCUMSTANCES AND APPLY TO THE COLLEGE FOR SCHOLARSHIP ASSISTANCE. ALL SCHOLARSHIPS ARE DEPOSITED DIRECTLY TO THE STUDENTS ACCOUNT, AND NO FURTHER MONITORING IS REQUIRED. 1 SCHOLARSHIPS 747 11580830 0 N/A N/A PART I, LINE 2: STUDENTS SEEKING FINANCIAL AID MUST FILE A FAFSA TO DETERMINE THEIR ELIGIBILITY AND NEED FOR SCHOLARSHIP ASSISTANCE. SCHOLARSHIPS ARE APPLIED AGAINST THE STUDENT'S TUITION BILL. SCHOLARSHIPS ARE AWARDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. X 1 0 X X X 0 0 0 1 0 0 0 0 0 MICHAEL S BROPHY PRESIDENT 257999 0 0 0 22900 0 17978 0 118490 0 417367 0 0 0 KRISTINE STILL PROVOST 173559 0 0 0 0 0 8654 0 61403 0 243616 0 0 0 KATHLEEN CHRISTY VP FOR INSTITUTIONAL ADVANCEMENT 131565 0 5000 0 0 0 10305 0 44000 0 190870 0 0 0 DONALD LANDO VP FROM HILBERT COLLEGE GLOBAL 133576 0 0 0 0 0 6491 0 38726 0 178793 0 0 0 AMY SMITH ACADEMIC DEAN 112386 0 0 0 0 0 8961 0 52027 0 173374 0 0 0 PART I, LINE 1B MONTHLY HOUSING ALLOWANCE IS PROVIDED TO THE PRESIDENT PER THEIR CONTRACT WITH THE COLLEGE. PART I, LINE 5 KATHLEEN CHRISTY RECEIVES AN ANNUAL BONUS OF $5,000 BASED UPON THE FUFILMENT OF ANNUAL GOALS THAT ARE MUTUALLY SET WITH THE PRESIDENT EACH YEAR AS PER HER CONTRACT WITH THE COLLEGE. A TOWN OF HAMBURG LAND DEVELOPMENT CORPORATION 272424735 2010-06-22 6500000 STUDENT HOUSING 0 0 0 A 4152242 6500000 13231 6486769 2009 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 A 0 0 1 1 1 0 0 0 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: TOWN OF HAMBURG LAND DEVELOPMENT CORPORATION DATE THE REBATE COMPUTATION WAS PERFORMED: 06/22/2010 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIR, THE VICE CHAIR AND THE SECRETARY OF THE BOARD, THE PRESIDENT OF THE COLLEGE, AND THE CHAIR OF EACH COMMITTEE OF THE BOARD. IN ADDITION, FOR A PERIOD OF ONE YEAR FROM THE EXPIRATION OF THE TERM OF OFFICE OF THE IMMEDIATE PAST CHAIR OF THE BOARD, SUCH IMMEDIATE PAST CHAIR OF THE BOARD SHALL SERVE ON THE EXECUTIVE COMMITTEE OF THE BOARD, AS A VOTING MEMBER OF THE BOARD AND THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE THE FULL POWER OF THE BOARD EXCEPT AS LIMITED BY LAW AND EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER TO REMOVE TRUSTEES, TRUSTEES EMERITI, OR OFFICERS, OR APPROVE THE ANNUAL BUDGET OR MAJOR CAPITAL EXPENDITURES. FORM 990, PART VI, SECTION A, LINE 4 HILBERT COLLEGE MODIFIED ITS BYLAWS TO CHANGE REQUIREMENTS OF THE BOARD COMPOSITION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. A DRAFT COPY OF THE FORM 990 IS DISTRIBUTED TO ALL CURRENT MEMBERS OF THE COLLEGE'S FINANCE COMMITTEE. THE COMMITTEE DISCUSSES THE FORM. A FINAL DRAFT OF THE FORM IS EMAILED TO ALL MEMBERS OF THE COLLEGE'S BOARD OF TRUSTEES AND THE FORM IS REVIEWED AT A BOARD OF TRUSTEES MEETING. COMMENTS ARE NOTED PRIOR TO THE FILING OF THE FORM WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND OFFICERS OF THE COLLEGE ANNUALLY FILE A CONFLICT OF INTEREST STATEMENT. EACH PERSON IDENTIFIES ACTUAL AND POTENTIAL CONFLICTS ON THEIR STATEMENT. ONCE DISCLOSED, THE POTENTIAL CONFLICT OF INTEREST IS REVIEWED BY THE REMAINING BOARD MEMBERS TO DETERMINE IF A CONFLICT TRULY EXISTS. IF A CONFLICT OF INTEREST HAS BEEN FOUND TO EXIST, THE INTERESTED PERSON IS PRECLUDED FROM PARTICIPATING IN ANY BOARD OR COMMITTEE DELIBERATION OR VOTING REGARDING THE CONFLICTING MATTER. ALL DELIBERATION AND DECISIONS REGARDING A POTENTIAL CONFLICT OF INTEREST ARE RECORDED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE COLLEGE'S BOARD OF TRUSTEES MEETS ANNUALLY TO SET THE PRESIDENT'S COMPENSATION FOR THE UPCOMING YEAR. THEY GATHER DATA FROM THE FORM 990 OF AREA COLLEGES AND USE OTHER REGIONAL AND NATIONAL COMPENSATION SURVEYS. THEY THEN MAKE A RECOMMENDATION TO THE OTHER TRUSTEES TO SET THE COMPENSATION FOR THE PRESIDENT. THE PRESIDENT HAS A WRITTEN EMPLOYMENT CONTRACT THAT COVERS THREE YEARS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. VALLEY TRAINING CENTERS INC DBA VALLEY COLLEGE 287 AIKENS CENTER MARTINSBURG WV 25404 933961254 EDUCATION WV 0 0 FRANCISCAN SERVICES INC FRANCISCAN SERVICES INC 5200 SOUTH PARK AVE HAMBURG NY 14075 922192433 SUPPORT HILBERT COLLEGE NY 501(C)(3) LINE 12A, I HILBERT COLLEGE 1 FRANCISCAN SHARED SERVICES INC 5200 SOUTH PARK AVE HAMBURG NY 14075 922179527 SHARED SERVICES NY FRANCISCAN SERVICES INC C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 FRANCISCAN SERVICES INC O 653166 AMOUNT PAID