2026-05-08T09:18:54-05:00 2025-06-30 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2024-07-01 131628206 MARYMOUNT MANHATTAN COLLEGE MARY 2125170400 221 EAST 71ST STREET NEW YORK NY 100214597 WILLIAM REUTER INTERIM VP FIN & ADMIN/CFO 2125170400 2026-05-08 1 0 DANIEL ROMANO P00504182 2125990100 2024 2025-03-06 01:10:19Z DR PETER NACCARATO 221 EAST 71ST ST NEW YORK NY 100214597 91532190 0 X HTTP://WWW.MMM.EDU X 1961 NY MARYMOUNT MANHATTAN COLLEGE IS AN URBAN, INDEPENDENT, LIBERAL ARTS COLLEGE (SEE SCHEDULE O). 5 3 1023 21 0 0 1764071 3370888 73877746 74147183 1993465 1894939 2996388 -240897 80631670 79172113 30509723 30051650 0 0 32948343 32881349 0 0 1522605 33277461 37442970 96735527 100375969 -16103857 -21203856 132190110 123877229 58550088 54137495 73640022 69739734 X MARYMOUNT MANHATTAN COLLEGE IS AN URBAN, INDEPENDENT, LIBERAL ARTS COLLEGE (SEE SCHEDULE O). 0 0 69447102 30051650 62211090 INSTITUTIONAL PROGRAM ACTIVITIES: OFFERING ASSISTANCE TO STUDENTS IN NEED IS ESSENTIAL TO ACHIEVE THE COLLEGE'S GOAL TO SERVE A SOCIALLY AND ECONOMICALLY DIVERSE STUDENT BODY. MMC CURRENTLY EDUCATES OVER 1,500 FULL- AND PART-TIME STUDENTS REPRESENTING 46 STATES AND 13 COUNTRIES. APPROXIMATELY 40.6% OF OUR STUDENTS ARE MINORITIES, AND 12.4% ARE DEGREE-SEEKING RETURNING ADULTS. MMC STUDENTS CAN PURSUE DEGREES IN 36 MAJOR PROGRAMS OF STUDY, CHOOSE FROM AMONG 45 MINORS AND PRE-PROFESSIONAL PROGRAMS, HOLD INTERNSHIPS AT RENOWNED NEW YORK CITY COMPANIES, ENGAGE IN SOPHISTICATED RESEARCH PROJECTS, STUDY ABROAD, AND PARTICIPATE IN SERVICE-LEARNING OPPORTUNITIES. SEE SCHEDULE O. 12183048 0 11820380 AUXILIARY SERVICES: DURING FISCAL YEAR 2025, APPROXIMATELY 630 STUDENTS MADE THEIR HOME AT MMC. THE 55TH STREET RESIDENCE IS THE FIRST-YEAR RESIDENCE HALL, CONTINUING STUDENTS LIVE AT THE COOPER SQUARE RESIDENCE HALL. EACH HALL IS LOCATED WITHIN A 30 MINUTE COMMUTE OF THE COLLEGE AND STAFFED WITH 24-HOUR SECURITY. RESIDENCE DIRECTORS AND RESIDENT ADVISORS STRIVE TO CREATE A SENSE OF COMMUNITY BY PROVIDING EDUCATIONAL AND SOCIAL PROGRAMS. SEE SCHEDULE O. 27356 0 115713 ACADEMIC ACCESS: THE PROGRAM FOR ACADEMIC ACCESS ADDRESSES MANY FUNDAMENTAL PRINCIPLES OF MARYMOUNT MANHATTAN'S MISSION. IT IS A PROGRAM FOR STUDENTS WITH LEARING DISABILITIES THAT IS SPECIFICALLY DESIGNED TO FOSTER ACADEMIC SUCCESS. THROUGH ACCOMODATIONS AND MULTIFACETED SUPPORT, STUDENTS WITH LEARNING DIFFICULTIES ARE ABLE TO MANAGE THE MARYMOUNT MANHATTAN CURRICULUM ALONG WITH THEIR PEERS AND CLASSMATES. SEE SCHEDULE O. 81657506 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1890 0 1 1023 1 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X WILLIAM REUTER 2125170531 221 EAST 71ST STREET NEW YORK NY 100214597 X PETER F NACCARATO INTERIM PRESIDENT 35.00 0.00 X X 385436 0 70705 THOMAS NEDELL TRUSTEE (AS OF 06/16/2025) 1.00 0.00 X 0 0 0 DIANE NISHIGAYA MACGILLIVRAY TRUSTEE (AS OF 06/16/2025) 1.00 0.00 X 0 0 0 RANDI ADELSTEIN TRUSTEE 1.00 0.00 X 0 0 0 PATRICIA A AGNELLO TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 CAROL BERMAN TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 VALERIE A BROWN TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 STEVEN CODY TRUSTEE, CHAIR (AS OF 06/16/2025) 1.00 0.00 X 0 0 0 HELEN DEMETRIOS TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 ABBY C FIORELLA TRUSTEE, CHAIR (THRU 06/16/2025) 1.00 0.00 X X 0 0 0 KRISTINA STROH GIMBEL TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 MAUREEN C GRANT PHD TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 LISA TACHICK HOOPER TRUSTEE 1.00 0.00 X 0 0 0 JOY D HOWELL MD TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 JOHN H HUNT TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 JAISHRI KAPOOR TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 BARBARA LYNCH LOUGHLIN TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 MARIELY MORONTA-SANCHEZ TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 CATHERINE M PATTEN RSHM TRUSTEE, SECRETARY (THRU 06/16/2025) 1.00 0.00 X X 0 0 0 STACEY RYAN-CORNELIUS TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 MICHAEL G STEWART MD MPH TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 CECILIA TUDELA-MONTERO TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 CATHERINE VINCIE RSHM PHD TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 CLEVIE YOUNGBLOOD RSHM TRUSTEE (THRU 06/16/2025) 1.00 0.00 X 0 0 0 KATHLEEN LANGAN VP AA & DEAN OF FACULTY 35.00 0.00 X 244439 0 43052 GRAHAM A CIRAULO VP INSTITUTIONAL ADVANCEMENT 35.00 0.00 X 187914 0 55752 WILLIAM D REUTER INT VP FIN & ADMIN & CFO 35.00 0.00 X 212496 0 19883 CHRISTINE SNEVA AVP FOR ENROLLMENT MGMT CHIEF ENROLLMENT OFF 35.00 0.00 X 185567 0 19657 KATHLEEN A LEBESCO AVP FOR STRATEGIC INITIATIVES 35.00 0.00 X 229122 0 24216 KURT JN MARIE ASSOC. VP OF INFORMATION TECHNOLOGY 35.00 0.00 X 185138 0 37580 BREE A BULLINGHAM ASSOCIATE VP OF HUMAN RESOURCES 35.00 0.00 X 178414 0 99930 DIANA ZAMBROTTA ASSOC. VP CHIEF OPERATING OFFICER 35.00 0.00 X 189824 0 55671 EMMALYN YAMRICK DEAN OF STUDENTS 35.00 0.00 X 174403 0 36897 RICHARD SHELDON ASSOC. VP FOR ACADEMIC ADMIN. 35.00 0.00 X 142245 0 32745 WILTON FRONTENETTE ASST. VP OF DEVELOPMENT 35.00 0.00 X 147658 0 24357 2462656 0 520445 72 0 1 0 GRUBHUB CAMPUS INC PO BOX 7410174 CHICAGO IL 60674 FOOD SERVICES 1955252 COOLEY 3 EMBERADERO CENTER 20TH FL SAN FRANCISCO CA 941114004 LEGAL SERVICES 1731455 231-235 EAST 55TH STREET CONDO 231-235 EAST 55TH STREET NEW YORK NY 10022 BUILDING MGMT SERVICES 1348476 METZ CULINARY MANAGEMENT LLC 2 WOODLAND DRIVE SALLAS PA 18612 FOOD SERVICES 1321606 SECURITAS SECURITY SERVICES USA INC 498 SEVENTH AVE 14TH FL NEW YORK NY 10018 SECURITY SERVICES 1069349 39 189317 849944 2331627 1981853 3370888 TUITION & FEES 611310 62211090 62211090 RESIDENCE HOUSING 721310 10960336 10960336 FOOD SERVICES 722514 860044 860044 ACADEMIC PROGRAMS 611310 115713 115713 74147183 1910730 1910730 530065 600091 -70026 -70026 -70026 11470848 11486639 -15791 -15791 -15791 44250 189317 247751 -203501 -203501 58226 25596 32630 32630 79172113 74147183 0 1654042 30051650 30051650 2011976 987997 763798 260181 23338646 19743239 2806349 789058 2006844 1481240 415086 110518 3586369 2942873 551382 92114 1937514 1433760 406878 96876 5033508 2644306 2387317 1885 255777 255777 196036 196036 178448 178448 1267725 1267725 1405530 1143961 212881 48688 1768532 1287322 421670 59540 2591287 2514493 75224 1570 350376 322428 21391 6557 442505 379963 23200 39342 2480435 2464162 16273 4497188 4497188 1741111 1741111 REPAYMENT OF PPP LOAN 8392758 8392758 HOUSING RENTAL 4131835 4131835 FOOD SERVICE OPERATIONS 1481279 1481279 BAD DEBT RESERVE 1042028 1042028 186612 98946 71390 16276 100375969 81657506 17195858 1522605 1696686 3380589 2418526 789435 1240123 1434832 159534157 91306776 70477244 68227381 49941361 47538031 6416170 2506961 132190110 123877229 5142416 3949082 927709 1021466 6650000 45829963 49166947 58550088 54137495 X 34046354 36324904 39593668 33414830 73640022 69739734 132190110 123877229 X -21203856 2810364 14493204 X 0 1 X 1 1 1 X 21861804 18392295 2574013 1764071 3370888 47963071 21861804 18392295 2574013 1764071 3370888 47963071 8979196 38983875 555810 9913175 9273684 4939666 2440795 27123130 227634 284187 232222 107471 102476 953990 76040191 357487251 0.51270 0.43870 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS OFFSITE FOOD SERVICES - 2020 AMOUNT: $ 129,465. 2021 AMOUNT: $ 161,822. 2022 AMOUNT: $ 142,218. 2023 AMOUNT: $ 45,511. 2024 AMOUNT: $ 0. OTHER - 2020 AMOUNT: $ 6,509. 2021 AMOUNT: $ 25,614. 2022 AMOUNT: $ 2,759. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 0. GROSS INCOME FROM FUNDRAISING EVENTS - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 6,065. 2022 AMOUNT: $ 7,750. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 44,250. GROSS INCOME FROM SALE OF INVENTORY - 2020 AMOUNT: $ 91,660. 2021 AMOUNT: $ 90,686. 2022 AMOUNT: $ 79,495. 2023 AMOUNT: $ 61,960. 2024 AMOUNT: $ 58,226. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30340471 1336966 3090274 1105862 33661849 27478527 276591 3628328 1042975 30340471 25621196 150968 2742783 1036420 27478527 30927734 333472 -4576072 1063938 25621196 21143119 4141334 6439993 796712 30927734 0.70710 0.29290 0 0 18094588 18094588 115632701 65507936 50124765 23300666 23300666 0 2506202 2498174 8028 68227381 PAYCHECK PROTECTION PROGRAM REFUNDABLE ADVANCE 8392758 ASSET RETIREMENT OBLIGATION 759462 LEASE LIABILITY 205111 55TH STREET - REFINANCE 39809616 49166947 X 67119021 2810364 15366642 18177006 48942015 178448 30051650 30230098 79172113 71019309 873438 873438 70145871 178448 30051650 30230098 100375969 PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS MOST ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIPS. SOME FUNDS ARE USED TO FUND SCIENCE AND LIBRARY DEPARTMENTS. PART X, LINE 2: THE COLLEGE ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES RECOGNIZED IN ITS FINANCIAL STATEMENTS USING A THRESHOLD OF MORE LIKELY THAN NOT OF BEING SUSTAINED. INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE COLLEGE'S EXEMPT PURPOSE IS SUBJECT TO TAX. THE COLLEGE DID NOT HAVE ANY MATERIAL UNRELATED BUSINESS INCOME TAX LIABILITY OR UNCERTAIN TAX POSITIONS AT JUNE 30, 2025. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE 600,091. COST OF GOODS SOLD 25,596. LOAN FORGIVENESS 14,200,000. FUNDRAISING EXPENSES 247,751. GAIN EARLY TERMINATION LEASE 293,204. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 30,051,650. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE 600,091. COST OF GOODS SOLD 25,596. FUNDRAISING EXPENSES 247,751. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 30,051,650. 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 COLLEGE PUBLICIZES OUR NON-DISCRIMINATION POLICY ON THE COLLEGES WEBSITE AND ON ALL PUBLISHED MATERIALS SENT TO PROSPECTIVE, ADMITTED AND ENROLLED STUDENTS. SCHEDULE E, PART I, LINE 6 FEDERAL WORK STUDY: $156,784 DIRECT LOANS: $14,477,490 SEOG: $214,064 PELL: $3,331,341 TOTAL FEDERAL GRANTS: $18,179,679 NEW YORK STATE HEOP (HIGHER EDUCATION OPPORTUNITY PROGRAM) GRANT: $584,146 NEW YORK STATE LIBRARY GRANT: $6,283 NEW YORK BUNDY GRANT: $87,255 NEW YORK STATE: $15,476 TOTAL NEW YORK STATE GRANTS: $693,160 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 2558927 0 0 0 0 0 0 2558927 0 2558927 1 0 1 0 0 0 GALA 233567 189317 44250 36311 211440 233567 189317 44250 36311 211440 247751 -203501 1 SCHOLARSHIPS 1590 30051650 PART I, LINE 2: MONITORING THE USE OF GRANT FUNDS - REFERENCE FROM SCHEDULE I, PART I, LINE 2. THE COLLEGE HAS DEVELOPED AN INSTITUTIONAL AWARDING PHILOSOPHY TO ENSURE CONSISTENT, EQUITABLE, AND FAIR DISTRIBUTION OF FINANCIAL AID FUNDS. PACKAGING PARAMETERS ARE PERIODICALLY REVIEWED WITH THE HELP OF AN OUTSIDE CONSULTANT, TO EVALUATE THE MMC GRANTS AND SCHOLARSHIP PROGRAMS OFFERED TO ALL STUDENT POPULATIONS AT MMC. THE COLLEGE OFFERS FOREIGN STUDENTS LIMITED FUNDS. ALL STUDENTS ARE MONITORED BY A REVIEW OF THEIR ACADEMIC PROGRESS EACH SEMESTER. THIS REVIEW INCLUDES AN EXAMINATION OF EACH STUDENT'S QUALITATIVE (GPA) AND QUANTITATIVE (CREDITS COMPLETED STANDARDS. FAILURE TO MEET ONE OR BOTH STANDARDS WILL RESULT IN THE STUDENT'S INSTITUTIONAL AID BEING PLACED IN A WARNING STATUS. CONTINUED FAILURE TO MEET STANDARDS WILL RESULT IN A LOSS OF ELIGIBILITY AND A SUSPENSION OF AID. X X X 0 0 0 0 0 0 0 0 0 PETER F NACCARATO INTERIM PRESIDENT 384194 0 0 0 1242 0 34500 0 36205 0 456141 0 0 0 KATHLEEN LANGAN VP AA & DEAN OF FACULTY 238429 0 0 0 6010 0 24229 0 18823 0 287491 0 0 0 BREE A BULLINGHAM ASSOCIATE VP OF HUMAN RESOURCES 177522 0 0 0 892 0 19052 0 80878 0 278344 0 0 0 KATHLEEN A LEBESCO AVP FOR STRATEGIC INITIATIVES 227998 0 0 0 1124 0 23192 0 1024 0 253338 0 0 0 DIANA ZAMBROTTA ASSOC. VP CHIEF OPERATING OFFICER 189438 0 0 0 386 0 20315 0 35356 0 245495 0 0 0 GRAHAM A CIRAULO VP INSTITUTIONAL ADVANCEMENT 187485 0 0 0 429 0 20392 0 35360 0 243666 0 0 0 WILLIAM D REUTER INT VP FIN & ADMIN & CFO 207748 0 0 0 4748 0 19000 0 883 0 232379 0 0 0 KURT JN MARIE ASSOC. VP OF INFORMATION TECHNOLOGY 184574 0 0 0 564 0 18892 0 18688 0 222718 0 0 0 EMMALYN YAMRICK DEAN OF STUDENTS 173837 0 0 0 566 0 18238 0 18659 0 211300 0 0 0 CHRISTINE SNEVA AVP FOR ENROLLMENT MGMT CHIEF ENROLL 185190 0 0 0 377 0 18841 0 816 0 205224 0 0 0 RICHARD SHELDON ASSOC. VP FOR ACADEMIC ADMIN. 138627 0 0 0 3618 0 14892 0 17853 0 174990 0 0 0 WILTON FRONTENETTE ASST. VP OF DEVELOPMENT 146203 0 0 0 1455 0 16623 0 7734 0 172015 0 0 0 X 6 1981853 HIGH/LOW PRICE MEAN 0 0 1 0 PART I, COLUMN (B): THE AMOUNT LISTED IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION: MARYMOUNT MANHATTAN COLLEGE (MMC) IS AN URBAN, INDEPENDENT, LIBERAL ARTS COLLEGE. THE MISSION OF THE COLLEGE IS TO EDUCATE A SOCIALLY AND ECONOMICALLY DIVERSE STUDENT BODY BY FOSTERING INTELLECTUAL ACHIEVEMENT AND PERSONAL GROWTH AND BY PROVIDING OPPORTUNITIES FOR CAREER DEVELOPMENT. INHERENT IN THIS MISSION IS THE INTENT TO DEVELOP AN AWARENESS OF SOCIAL, POLITICAL, CULTURAL, AND ETHICAL ISSUES IN THE BELIEF THAT THIS AWARENESS WILL LEAD TO CONCERN FOR, PARTICIPATION IN, AND IMPROVEMENT OF SOCIETY. TO ACCOMPLISH THIS MISSION, THE COLLEGE OFFERS A STRONG PROGRAM IN THE ARTS AND SCIENCES FOR STUDENTS OF ALL AGES, AS WELL AS SUBSTANTIAL PRE-PROFESSIONAL PREPARATION. CENTRAL TO THESE EFFORTS IS THE PARTICULAR ATTENTION GIVEN TO THE INDIVIDUAL STUDENT. MARYMOUNT MANHATTAN COLLEGE SEEKS TO BE A RESOURCE AND LEARNING CENTER FOR THE METROPOLITAN COMMUNITY. MARYMOUNT MANHATTAN COLLEGE WAS FOUNDED IN 1936 BY THE RELIGIOUS OF THE SACRED HEART OF MARY (RSHM) AS AN URBAN EXTENSION OF MARYMOUNT COLLEGE IN TARRYTOWN, NEW YORK. THE COLLEGE BECAME INDEPENDENT IN 1961 AND COEDUCATIONAL AND NONSECTARIAN IN 1971, AND CURRENTLY ENROLLS OVER 1,500 FULL AND PART-TIME STUDENTS. ON JUNE 16, 2025, NORTHEASTERN UNIVERSITY, BASED IN BOSTON, MA, BECAME THE SOLE CORPORATE MEMBER OF NORTHEASTERN-NEW YORK CITY, A NEW YORK EDUCATION CORPORATION, WHICH IN TURN BECAME THE SOLE MEMBER OF MARYMOUNT MANHATTAN COLLEGE IN ACCORDANCE WITH THE TRANSACTION AGREEMENT BETWEEN NORTHEASTERN UNIVERSITY AND MARYMOUNT MANHATTAN COLLEGE DATED SEPTEMBER 21, 2023. THE FINAL EXECUTION OF THE STATUTORY MERGER BETWEEN NORTHEASTERN-NEW YORK CITY AND MANHATTAN MARYMOUNT COLLEGE IS CURRENTLY STILL PENDING REGULATORY APPROVAL FROM THE UNITED STATES DEPARTMENT OF EDUCATION AND IS EXPECTED TO BE RECEIVED BY JUNE 30, 2026. FORM 990, PART III, LINE 4A - INSTITUTIONAL PROGRAM ACTIVITIES: MARYMOUNT MANHATTAN COLLEGE WAS FOUNDED IN 1936 BY THE RELIGIOUS OF THE SACRED HEART OF MARY AS A TWO-YEAR WOMEN'S COLLEGE AND AT THE TIME WAS A NEW YORK CITY EXTENSION OF MARYMOUNT COLLEGE IN TARRYTOWN, NEW YORK. IN 1948, THE COLLEGE MOVED TO ITS PRESENT LOCATION ON EAST 71ST STREET IN NEW YORK CITY AND BECAME A FOUR-YEAR BACHELOR'S DEGREE-GRANTING INSTITUTION; THE FIRST CLASS GRADUATED FROM THE COLLEGE IN 1950. IN 1961, THE REGENTS OF THE UNIVERSITY OF THE STATE OF NEW YORK GRANTED MARYMOUNT MANHATTAN AN ABSOLUTE CHARTER AS AN INDEPENDENT FOUR-YEAR COLLEGE. MARYMOUNT MANHATTAN HAS BEEN AN ACCREDITED MEMBER OF THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION SINCE THAT TIME. FAITHFUL TO THE VISION OF ITS FOUNDERS, MARYMOUNT MANHATTAN IS THRIVING AS A NONSECTARIAN, COEDUCATIONAL, INDEPENDENT COLLEGE OF THE LIBERAL ARTS, ATTRACTING AND SERVING A DIVERSE COMMUNITY OF STUDENTS, FACULTY, AND STAFF. FORM 990, PART III, LINE 4B - AUXILIARY SERVICES: THE 55TH STREET RESIDENCE HAS SUITE-STYLE ARRANGEMENTS JUST 16 BLOCKS FROM THE COLLEGE. EACH SUITE CONSISTS OF TWO BEDROOMS FURNISHED WITH LOFT BEDS, DRESSERS, DESKS, A KITCHEN AND BATHROOM, PLUS CABLE, AND WI-FI ACCESS. THE BUILDING IS STAFFED WITH 24-HOUR SECURITY AND FEATURES OTHER AMENITIES SUCH AS A LAUNDRY ROOM, CONVENIENCE STORE, LOUNGE SPACE, GYM, AND A BALCONY. COLLEGE STORE: MMC'S GRIFFIN GEAR WAS CREATED IN 2009, AS A RESULT OF A STUDENT INITIATIVE TO CREATE MORE SCHOOL SPIRIT ON CAMPUS. THE GRIFFIN GEAR KIOSK IS LOCATED IN THE 3RD FLOOR COMMONS OF THE MAIN BUILDING. FORM 990, PART III, LINE 4C - ACADEMIC ACCESS: THE PROGRAM FOR ACADEMIC ACCESS ASSISTS LEARNING-DISABLED STUDENTS THROUGH TUTORING SERVICES, COUNSELING, ADVISEMENT, AND PRIORITY REGISTRATION. ONCE ACCEPTED INTO THE PROGRAM, STUDENTS' PSYCHO-EDUCATIONAL EVALUATIONS ARE CAREFULLY EXAMINED AND PERSONALIZED ASSISTANCE IS GIVEN TO EACH STUDENT IN PLANNING THEIR PROGRAM. IN ADDITION TO BASIC ACCOMODATIONS, THE PROGRAM PROVIDES TWO HOURS OF INDIVIDUAL TUTORING PER WEEK WITH PROFESSIONAL, MATH TUTORING AS NEEDED, ACADEMIC COACHING TO DEVELOP EXECUTIVE FUNCTIONING SKILLS FOR TIME MANAGEMENT AND ORGANIZATION OF WORK, NOTE TAKERS FOR APPLICABLE COURSES, EXTENDED TESTING TIMES, MONTHLY PARENT MEETINGS THROUGHOUT THE ACADEMIC YEAR, AND TECHNICAL SUPPORT, INCLUDING KURZWEIL 3000 SOFTWARE AVAILABLE IN THE SHANAHAN LIBRARY. TO ENSURE THAT MARYMOUNT MANHATTAN COLLEGE CAN FOSTER A NURTURING ENVIRONMENT WITH SPECIALIZED ATTENTION FOR EACH STUDENT. THE ACADEMIC ACCESS PROGRAM ADMITS A SMALL NUMBER OF STUDENTS EACH YEAR. FORM 990, PART VI, SECTION A, LINE 6 ON JUNE 16, 2025, NORTHEASTERN UNIVERSITY, BASED IN BOSTON, MA, BECAME THE SOLE CORPORATE MEMBER OF NORTHEASTERN-NEW YORK CITY, A NEW YORK EDUCATION CORPORATION (AND DISREGARDED ENTITY FOR TAX PURPOSES), WHICH IN TURN BECAME THE SOLE MEMBER OF MARYMOUNT MANHATTAN COLLEGE IN ACCORDANCE WITH THE TRANSACTION AGREEMENT BETWEEN NORTHEASTERN UNIVERSITY AND MARYMOUNT MANHATTAN COLLEGE DATED SEPTEMBER 21, 2023. THE FINAL EXECUTION OF THE STATUTORY MERGER BETWEEN NORTHEASTERN-NEW YORK CITY AND MANHATTAN MARYMOUNT COLLEGE IS CURRENTLY STILL PENDING REGULATORY APPROVAL FROM THE UNITED STATES DEPARTMENT OF EDUCATION AND IS EXPECTED TO BE RECEIVED BY JUNE 30, 2026. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER SHALL BE ENTITLED TO APPOINT ALL OF THE TRUSTEES SERVING ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B BOARD REVIEW OF FORM 990 THE FORM 990 IS PREPARED BY AN EXTERNAL FIRM, IN COORDINATE WITH COLLEGE STAFF. THE BOARD CHAIR REVIEWS THE FORM 990 (INCLUDING SCHEDULE B). THEN THE FORM 990 (INCLUDING SCHEDULE B) IS REVIEWED BY THE BOARD AS A WHOLE AFTER REVIEW. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE TRUSTEES OF MARYMOUNT MANHATTAN COLLEGE ARE ELECTED TO SERVE THE COLLEGE AND ARE EXPECTED TO CARRY OUT THEIR DUTIES IN A MANNER THAT INSPIRES AND ASSURES THE CONFIDENCE OF THE COLLEGE AND THE BROADER COMMUNITY. ALL ACTIONS BY TRUSTEES WITH RESPECT TO THE COLLEGE AND ITS PROPERTY MUST BE TAKEN SOLELY ON THE BASIS OF A DESIRE TO ADVANCE THE BEST INTERESTS OF THE COLLEGE. TRUSTEES SHALL NOT USE THEIR POSITIONS AS TRUSTEES, OR KNOWLEDGE GAINED THEREFROM, SO THAT A CONFLICT MIGHT ARISE BETWEEN THE INTERESTS OF THE COLLEGE AND THE INDIVIDUAL INTERESTS OF THE TRUSTEES. THE COLLEGE'S TRUSTEES INEVITABLY ARE INVOLVED IN THE AFFAIRS OF OTHER INSTITUTIONS AND ORGANIZATIONS. TRUSTEES MAY FROM TIME TO TIME HAVE RELATIONSHIPS AND AFFILIATIONS THAT MAY RAISE QUESTIONS ABOUT PERCEIVED CONFLICTS OF INTEREST. ALTHOUGH MANY SUCH POTENTIAL CONFLICTS ARE AND WILL BE DEEMED INCONSEQUENTIAL, EACH TRUSTEE HAS THE RESPONSIBILITY TO ENSURE THAT THE ENTIRE BOARD IS MADE AWARE OF SITUATIONS THAT INVOLVE PERSONAL, FAMILIAL OR BUSINESS RELATIONSHIPS THAT COULD BE POTENTIAL CONFLICTS. THUS, THE BOARD REQUIRES EACH TRUSTEE (A) CONFIRM THAT HE OR SHE IS FAMILIAR WITH THIS POLICY, (B) DISCLOSE TO THE BOARD CHAIR ANY POSSIBLE PERSONAL, FAMILIAL OR BUSINESS RELATIONSHIPS THAT MIGHT GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST INVOLVING THE COLLEGE, AND (C) AGREE TO SERVE ONLY IN ACCORDANCE WITH THE LETTER AND SPIRIT OF THIS POLICY. A FORM FOR THIS PURPOSE IS ATTACHED, AND SHALL BE COMPLETED BY EACH TRUSTEE AT LEAST ANNUALLY. A "BUSINESS RELATIONSHIP" IS ONE IN WHICH A TRUSTEE OR A MEMBER OF HIS OR HER FAMILY SERVES AS AN OFFICER, DIRECTOR, EMPLOYEE, PARTNER, TRUSTEE OR CONTROLLING STOCKHOLDER OF AN ORGANIZATION THAT DOES BUSINESS WITH THE COLLEGE. A "FAMILY MEMBER" IS A SPOUSE, PARENT, SIBLING OR CHILD OF A TRUSTEE, OR ANY OTHER RELATIVE LIVING IN THE TRUSTEE'S HOUSEHOLD. IF A TRUSTEE IS UNCERTAIN WHETHER TO DISCLOSE A PARTICULAR RELATIONSHIP, THE BOARD CHAIR SHOULD BE CONSULTED. THE CHAIR MAY ELECT TO SEEK THE JUDGMENT OF THE EXECUTIVE COMMITTEE IN DETERMINING WHETHER A RELATIONSHIP GIVES RISE TO A CONFLICT OF INTEREST OR SHOULD OTHERWISE BE DISCLOSED TO THE BOARD. THE CHAIR AND THE EXECUTIVE COMMITTEE SHALL KEEP ANY CONSULTATION CONFIDENTIAL UNLESS AND UNTIL THEY DETERMINE THAT THE BEST INTERESTS OF THE COLLEGE REQUIRE DISCLOSURE. A TRUSTEE WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN ANY CONSIDERATION BY THE BOARD OF A MATTER RELATING TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW THE ORGANIZATION HAS INSTITUTED A PROCESS TO REVIEW THE COMPENSATION PAID TO ITS PRESIDENT, OFFICERS, AND KEY EMPLOYEES GIVING RISE TO A REBUTTABLE PRESUMPTION THAT THE COMPENSATION IS REASONABLE IN ACCORDANCE WITH TREAS. REG. 53.4958-6. COMPENSATION FOR THE OFFICERS OF THE COLLEGE IS DETERMINED BY A PROCESS THAT INCLUDES THE USE OF COMPARABILITY DATA, REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE, COMPRISED OF INDEPENDENT MEMBERS OF THE COLLEGE'S BOARD OF TRUSTEES, AND CONTEMPORANEOUS RECORDKEEPING OF DELIBERATIONS AND DECISIONS. THE LAST COMPENSATION STUDY WAS PERFORMED IN MAY OF 2018. A SEPARATE COMPENSATION STUDY WAS PERFORMED FOR THE PRESIDENT IN APRIL OF 2022. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DISCLOSURE OF GOVERNING DOCUMENTS THE COLLEGE MAKES ITS FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH ITS WEBSITE. THE FORM 990 IS ALSO AVAILABLE ON HTTPS://CANDID.ORG/. OTHER GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. PART VII, SECTION A: ON JUNE 16, 2025, NORTHEASTERN UNIVERSITY, BASED IN BOSTON, MA, BECAME THE SOLE CORPORATE MEMBER OF NORTHEASTERN-NEW YORK CITY, A NEW YORK EDUCATION CORPORATION, WHICH IN TURN BECAME THE SOLE MEMBER OF MARYMOUNT MANHATTAN COLLEGE. THOUGH TRUSTEES AS OF THE DATE OF THE MERGER ON JUNE 16, 2025, NO RELATED PARTY COMPENSATION IS REPORTED ON PART VII AND SCHEDULE J FOR TRUSTEE MEMBERS THOMAS NEDELL AND DIANE NISHIGAYA MACGILLIVRAY SINCE THERE WAS NO PRORATED COMPENSATION PAID WITHIN THE PERIOD NORTHEASTERN UNIVERSITY WAS RELATED. FORM 990, PART XI, LINE 9: LOAN FORGIVENESS 14,200,000. GAIN EARLY TERMINATION OF LEASE 293,204. NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVENUE BOSTON MA 02115 041679980 EDUCATION MA 501(C)(3) LINE 2 N/A 0 231-235 EAST 55TH STREET CONDOMINIUM 622 THIRD AVENUE NEW YORK NY 10017 582636459 STUDENT HOUSING NY MARYMOUNT C 2225924 1319836 0.70700 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 231-235 EAST 55TH STREET CONDOMINIUM P 1385443 PER OWNERSHIP % 231-235 EAST 55TH STREET CONDOMINIUM M 64238 PER OWNERSHIP % SCHEDULE R, PART II: ON JUNE 16, 2025, NORTHEASTERN UNIVERSITY, BASED IN BOSTON, MA, BECAME THE SOLE CORPORATE MEMBER OF NORTHEASTERN-NEW YORK CITY, A NEW YORK EDUCATION CORPORATION, WHICH IN TURN BECAME THE SOLE MEMBER OF MARYMOUNT MANHATTAN COLLEGE. SCHEDULE R, PART IV: THE COLLEGE IS A 70.70% OWNER OF THE 231-235 EAST 55TH STREET CONDOMINIUM WHICH IS A 32 FLOOR RESIDENCE HALL HOUSING UP TO 512 FIRST YEAR STUDENTS. THE RESIDENCE HALL CONSISTS OF FULLY FURNISHED SUITE STYLE APARTMENTS, EACH HOUSING BETWEEN 4-7 STUDENTS IN 2 BEDROOMS WITH 1-1.5 BATHROOMS AND A FULL KITCHEN. THE BUILDING AMENITIES INCLUDE 24-HOUR SECURITY, WI-FI, ACCESS TO A COMPREHENSIVE CABLE PACKAGE, LAUNDRY ROOM, CONVENIENCE STORE, LOUNGE SPACE, FITNESS CENTER, MAIL SERVICE/PACKAGE ROOM AND HEALTH CENTER. THE REMAINING 29.30% OF THE BUILDING ARE CONDOMINIUMS OWNED BY A PRIVATE DEVELOPER AND INDIVIDUALS WHO ARE NOT AFFILIATED WITH THE COLLEGE. THE CONDOMINIUM PORTION IS REQUIRED TO HAVE A CERTAIN AMOUNT OF ASSETS AND THEREFORE THE AMOUNT NOTED IN PART IV (G), SHARE OF END-OF-YEAR ASSETS, IN THE AMOUNT OF $X,XXX,XXX, IS BASED ON THE COLLEGE'S OWNERSHIP PERCENTAGE BUT IN ACTUALITY THE COLLEGE DOES NOT HAVE RIGHTS TO MAJORITY OF THESE ASSETS.