CHAMPLAIN COLLEGE INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CHAMPLAIN COLLEGE INC (EIN 03-0220266)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-04
- IRS object ID
- 202641249349302004
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-04T11:20:43-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 SOUTH STREET TWO FINANCIAL | AddressLine1Txt |
| Address Line2 | CENTER | AddressLine2Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030220266 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHAMPLAIN COLLEGE INCORPORATED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAM | BusinessNameControlTxt |
| Phone | 8028602700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 163 SOUTH WILLARD STREET | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | APRIL O'DELL | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 8028602700 | PhoneNum |
| Signature | 2026-04-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RAGINI BANURU | PreparerPersonNm |
| PTIN | P01906959 | PTIN |
| Phone | 6179881000 | PhoneNum |
| Preparation | 2026-04-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ALEJANDRO HERNANDEZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 163 S WILLARD STREET | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $195,567,268 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CHAMPLAIN.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1878 | FormationYr |
| Legal Domicile State | VT | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O. | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 29 | VotingMembersIndependentCnt |
| Total Employee | 1540 | TotalEmployeeCnt |
| Total Volunteers | 29 | TotalVolunteersCnt |
| Total Gross UBI | $505,374 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,084,734 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,570,505 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $114,222,566 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $109,816,378 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,407,745 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,088,462 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,508,440 | PYOtherRevenueAmt |
| CY Other Revenue | $3,204,417 | CYOtherRevenueAmt |
| PY Total Revenue | $136,223,485 | PYTotalRevenueAmt |
| CY Total Revenue | $122,679,762 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $42,171,543 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $38,689,202 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $53,465,867 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $46,492,040 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,755,949 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $41,127,957 | PYOtherExpensesAmt |
| CY Other Expenses | $41,659,766 | CYOtherExpensesAmt |
| PY Total Expenses | $136,765,367 | PYTotalExpensesAmt |
| CY Total Expenses | $126,841,008 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$541,882 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$4,161,246 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $217,547,236 | TotalAssetsBOYAmt |
| Total Assets EOY | $213,765,472 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $80,981,173 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $78,909,904 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $136,566,063 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $134,855,568 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | AN INSTITUTION OF HIGHER EDUCATION THAT PREPARES STUDENTS TO EXCEL THROUGH RADICALLY PRAGMATIC CAREER-FOCUSED EDUCATION. WE ARE A SUPPORTIVE LEARNING COMMUNITY THAT ADVANCES SOCIETY BY DELIVERING UNIQUELY FUTURE-FOCUSED ACADEMIC PROGRAMS, TRANSFORMATIVE HANDS-ON EXPERIENCES, AND MEANINGFUL CONNECTIONS AND COLLABORATIONS THAT ENGAGE THE PASSIONS OF OUR STUDENTS TO CREATE A BETTER WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $80,109,480 | ExpenseAmt |
| Grant | $38,689,202 | GrantAmt |
| Revenue | $75,739,038 | RevenueAmt |
| Desc | SEE SCHEUDLE O. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $11,739,575 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $20,429,146 | RevenueAmt |
| Desc | SEE SCHEDULE O. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $17,813,296 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $14,670,773 | RevenueAmt |
| Desc | SEE SCHEUDLE O. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $109,662,351 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 154 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1540 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | EI | ForeignCountryCd |
| Foreign Country | CA | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 29 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VT | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | APRIL O'DELL | PersonNm |
| Phone | 8028602700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 163 SOUTH WILLARD STREET | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05401 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (50 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| ALEJANDRO E HERNANDEZ | |||||||||
| PRESIDENT | 40.00 | 0.00 | Yes (X) | Yes (X) | $465,337 | $0 | $127,457 | ||
| MICHELE ASCH | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CORINN MCCARTHY BERGERON | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAN BOARDMAN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SARA BYERS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LUCIA CAMPRIELLO | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN CHU | |||||||||
| TRUSTEE (AS OF 6/25) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM CROOK | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LAURA DAGAN | |||||||||
| TRUSTEE (UNTIL 10/24) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| IAN DAVIS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARGUERITE DIBBLE | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL DUBIE | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JUSTIN FIMLAID | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID FINNEY | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JERRY FORD | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM FOSTER | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MAHMOUD JABARI UNTIL 1124 | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AIMEE MARTI | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARI MCCLURE | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KOJO MENSAH-BONSU | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL METZ UNTIL 1124 | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KEN MINKLEI UNTIL 1024 | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANNIE ODE | |||||||||
| TRUSTEE (AS OF 6/25) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JUDITH W O'CONNELL | |||||||||
| TRUSTEE | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KRISTIN HALPIN PERRY | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PREMILA PETERS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID PROVOST | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RAJ RAWAL | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RUSS SCULLY | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JULIE SNOW | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID STILLER | |||||||||
| TRUSTEE (AS OF 10/24) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL SULLIVAN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| EDUARDO VAZQUEZ | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JON WETTSTEIN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MONIQUE TAYLOR | |||||||||
| PROVOST | 40.00 | 0.00 | Yes (X) | $299,663 | $0 | $52,341 | |||
| LESLIE AVERILL | |||||||||
| VICE PRESIDENT | 40.00 | 0.00 | Yes (X) | $269,409 | $0 | $30,495 | |||
| DIANA MATOT | |||||||||
| VICE PRESIDENT | 40.00 | 0.00 | Yes (X) | $195,736 | $0 | $51,271 | |||
| SARAH ANDRIANO | |||||||||
| VICE PRESIDENT | 40.00 | 0.00 | Yes (X) | $188,464 | $0 | $46,937 | |||
| DANELLE BERUBE | |||||||||
| VICE PRESIDENT | 40.00 | 0.00 | Yes (X) | $171,637 | $0 | $26,149 | |||
| APRIL O'DELL | |||||||||
| TREASURER | 40.00 | 0.00 | Yes (X) | $161,948 | $0 | $47,851 | |||
| CHRISTA MONTAGNINO | |||||||||
| VICE PRESIDENT | 40.00 | 0.00 | Yes (X) | $263,026 | $0 | $48,681 | |||
| JENNIFER KENNELLY | |||||||||
| ASSISTANT TREASURER | 40.00 | 0.00 | Yes (X) | $151,016 | $0 | $44,312 | |||
| KATHY EHLERS | |||||||||
| VP ENROLLMENT STRATEGY & MARKETING | 40.00 | 0.00 | Yes (X) | $154,564 | $0 | $26,992 | |||
| LEANDRE WALDO | |||||||||
| SECRETARY | 20.00 | 0.00 | Yes (X) | $126,315 | $0 | $27,370 | |||
| ALI HADI | |||||||||
| PROFESSOR | 40.00 | 0.00 | $169,878 | $0 | $42,185 | Yes (X) | |||
| FREDERICK BURKHARDT | |||||||||
| PROFESSOR OF FINANCE (THRU 6/24) | 40.00 | 0.00 | $232,353 | $0 | $28,662 | Yes (X) | |||
| JOSEPH O'GRADY | |||||||||
| PROF. OF HR MGMT & SRVCS (THRU 6/24) | 40.00 | 0.00 | $227,412 | $0 | $29,192 | Yes (X) | |||
| NICOLE MORRIS | |||||||||
| PROF. OF ACCOUNTING (THRU 6/24) | 40.00 | 0.00 | $211,719 | $0 | $11,126 | Yes (X) | |||
| NANCY KERR | |||||||||
| PROF. OF COMMS AND MEDIA (THRU 6/24) | 40.00 | 0.00 | $187,232 | $0 | $25,169 | Yes (X) | |||
| ROBIN GRONLUND | |||||||||
| VICE PRESIDENT (THRU 6/24) | 40.00 | 0.00 | $106,711 | $0 | $28,140 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,582,420 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $694,330 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 70 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| EDDY ACQUISITIONS LLC | |||||
| 15200 SANTA FE TRAIL DRIVE SUITE 2 | LENEXA | KS | 66219 | DIGITAL MARKETING | $5,277,166 |
| ENGELBERTH CONSTRUCTUION INC | |||||
| 150 WATER TOWER CIRCLE SUITE 101 | COLCHESTER | VT | 05446 | CONSTRUCTION | $5,222,672 |
| SODEXO INC AND AFFILIATES | |||||
| 9859 FLOWER BONNET AVENUE NW | CONCORD | NC | 28027 | FOOD SERVICE | $4,212,851 |
| SERVPRO OD WINOOSKI & STOWE | |||||
| 195 ACORN LANE | COLCHESTER | VT | 05446 | FIRE DAMAGE REPAIR | $1,706,918 |
| JANITECH | |||||
| 158 BRENTWOOD DRIVE 7 | COLCHESTER | VT | 05446 | JANITORIAL SERVICES | $859,908 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 34 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $6,322,130 | GovernmentGrantsAmt |
| All Other Contributions | $1,248,375 | AllOtherContributionsAmt |
| Noncash Contributions | $122,804 | NoncashContributionsAmt |
| Total Contributions | $7,570,505 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611710 | $89,581,777 | $89,581,777 |
| DORMITORY AND DINING FEES | 721310 | $20,209,389 | $20,209,389 |
| BOOKSTORE RECEIPTS | 455000 | $25,212 | $25,212 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $109,816,378 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,121,713 | TotalRevenueColumnAmt |
| Exclusion | $3,121,713 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $249,907 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $249,907 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $249,907 | TotalRevenueColumnAmt |
| Exclusion | $249,907 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $71,854,255 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $71,806,961 | SecuritiesAmt |
| Other | $1,080,545 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $47,294 | SecuritiesAmt |
| Other | -$1,080,545 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,033,251 | TotalRevenueColumnAmt |
| Exclusion | -$1,033,251 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| SUMMER PROGRAM REVENUE | 900099 | $756,000 | $756,000 | |
| CONFERENCE AND EVENT CENTER | 561499 | $577,408 | $72,034 | $505,374 |
| PARKING REVENUE | 480000 | $194,545 | $194,545 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,426,557 | TotalRevenueColumnAmt |
| Exclusion | $1,426,557 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,954,510 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $122,679,762 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $110,838,957 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $505,374 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,764,926 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,607,202 | TotalAmt |
| Program Services | $38,607,202 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,000 | TotalAmt |
| Program Services | $82,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,544,732 | TotalAmt |
| Program Services | $786,879 | ProgramServicesAmt |
| Management And General | $1,384,438 | ManagementAndGeneralAmt |
| Fundraising | $373,415 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,292,686 | TotalAmt |
| Program Services | $29,466,651 | ProgramServicesAmt |
| Management And General | $4,099,636 | ManagementAndGeneralAmt |
| Fundraising | $726,399 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $770,025 | TotalAmt |
| Program Services | $676,470 | ProgramServicesAmt |
| Management And General | $78,930 | ManagementAndGeneralAmt |
| Fundraising | $14,625 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,055,579 | TotalAmt |
| Program Services | $5,119,654 | ProgramServicesAmt |
| Management And General | $785,400 | ManagementAndGeneralAmt |
| Fundraising | $150,525 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,829,018 | TotalAmt |
| Program Services | $2,335,732 | ProgramServicesAmt |
| Management And General | $411,326 | ManagementAndGeneralAmt |
| Fundraising | $81,960 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,127 | TotalAmt |
| Management And General | $157,127 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,175 | TotalAmt |
| Management And General | $175,175 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,450 | TotalAmt |
| Management And General | $149,450 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,840,866 | TotalAmt |
| Program Services | $7,713,458 | ProgramServicesAmt |
| Management And General | $123,697 | ManagementAndGeneralAmt |
| Fundraising | $3,711 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $591,730 | TotalAmt |
| Program Services | $452,758 | ProgramServicesAmt |
| Management And General | $128,882 | ManagementAndGeneralAmt |
| Fundraising | $10,090 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,454,930 | TotalAmt |
| Program Services | $546,993 | ProgramServicesAmt |
| Management And General | $2,907,937 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,800,891 | TotalAmt |
| Program Services | $5,800,891 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $482,749 | TotalAmt |
| Program Services | $385,955 | ProgramServicesAmt |
| Management And General | $52,801 | ManagementAndGeneralAmt |
| Fundraising | $43,993 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,095,262 | TotalAmt |
| Program Services | $3,017,762 | ProgramServicesAmt |
| Management And General | $62,000 | ManagementAndGeneralAmt |
| Fundraising | $15,500 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,360,614 | TotalAmt |
| Program Services | $4,847,994 | ProgramServicesAmt |
| Management And General | $1,372,995 | ManagementAndGeneralAmt |
| Fundraising | $139,625 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $972,584 | TotalAmt |
| Program Services | $444,913 | ProgramServicesAmt |
| Management And General | $527,671 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MEAL EXPENSES | $3,359,683 | $3,359,683 | ||
| CONTRACTUAL SERVICES | $2,955,094 | $1,722,835 | $1,042,510 | $189,749 |
| RENOVATION/OTH PROJECTS | $2,216,977 | $1,971,755 | $245,222 | |
| STUDENT ACTIVITIES/ACAD | $1,601,615 | $1,343,017 | $258,598 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,445,019 | TotalAmt |
| Program Services | $979,749 | ProgramServicesAmt |
| Management And General | $1,458,913 | ManagementAndGeneralAmt |
| Fundraising | $6,357 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,841,008 | TotalAmt |
| Program Services | $109,662,351 | ProgramServicesAmt |
| Management And General | $15,422,708 | ManagementAndGeneralAmt |
| Fundraising | $1,755,949 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,748,215 | BOYAmt |
| EOY | $7,956,137 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,853,705 | BOYAmt |
| EOY | $6,670,460 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,845,668 | BOYAmt |
| EOY | $1,066,137 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,967,270 | BOYAmt |
| EOY | $3,387,392 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,525,594 | BOYAmt |
| EOY | $2,288,271 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $225,986,640 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $94,847,833 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,911,677 | BOYAmt |
| EOY | $131,138,807 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,968,369 | BOYAmt |
| EOY | $59,714,279 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,726,738 | BOYAmt |
| EOY | $1,543,989 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,547,236 | BOYAmt |
| EOY | $213,765,472 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,305,640 | BOYAmt |
| EOY | $7,983,596 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,129,346 | BOYAmt |
| EOY | $5,209,705 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,488,988 | BOYAmt |
| EOY | $64,869,944 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,032 | BOYAmt |
| EOY | $20,795 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,002,167 | BOYAmt |
| EOY | $825,864 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,981,173 | BOYAmt |
| EOY | $78,909,904 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,032,515 | BOYAmt |
| EOY | $90,303,986 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,533,548 | BOYAmt |
| EOY | $44,551,582 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,566,063 | BOYAmt |
| EOY | $134,855,568 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,547,236 | BOYAmt |
| EOY | $213,765,472 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$4,161,246 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,048,875 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $401,876 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,328,004 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,043,117 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,255,813 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,084,734 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,570,505 | CurrentTaxYearAmt |
| Total | $49,282,173 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,328,004 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,043,117 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,255,813 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,084,734 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,570,505 | CurrentTaxYearAmt |
| Total | $49,282,173 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,798,478 | SubstantialContributorsTotAmt |
| Public Support Total170 | $46,483,695 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,226,979 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,700,760 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,925,655 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,682,156 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,371,620 | CurrentTaxYearAmt |
| Total | $14,907,170 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $907,914 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,142,746 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,002,728 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,118,780 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,426,557 | CurrentTaxYearAmt |
| Total | $9,598,725 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $73,788,068 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $548,212,927 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.63000 | PublicSupportCY170Pct |
| Public Support PY170 | 0.57760 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME - 2020 AMOUNT: $ 907,914. 2021 AMOUNT: $ 1,142,746. 2022 AMOUNT: $ 2,002,728. 2023 AMOUNT: $ 4,118,780. 2024 AMOUNT: $ 1,426,557. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,732,898 | BeginningYearBalanceAmt |
| Contributions | $11,284,121 | ContributionsAmt |
| Investment Earnings Or Losses | $3,725,566 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $561,270 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,033,219 | OtherExpendituresAmt |
| End Year Balance | $49,148,096 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,438,005 | BeginningYearBalanceAmt |
| Contributions | $15,272,050 | ContributionsAmt |
| Investment Earnings Or Losses | $3,324,117 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $558,891 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,742,383 | OtherExpendituresAmt |
| End Year Balance | $38,732,898 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,253,711 | BeginningYearBalanceAmt |
| Contributions | $1,122,637 | ContributionsAmt |
| Investment Earnings Or Losses | $2,474,019 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $560,154 | GrantsOrScholarshipsAmt |
| Other Expenditures | $852,208 | OtherExpendituresAmt |
| End Year Balance | $27,438,005 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $29,685,138 | BeginningYearBalanceAmt |
| Contributions | $277,537 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,433,113 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $504,175 | GrantsOrScholarshipsAmt |
| Other Expenditures | $771,676 | OtherExpendituresAmt |
| End Year Balance | $25,253,711 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,894,478 | BeginningYearBalanceAmt |
| Contributions | $415,116 | ContributionsAmt |
| Investment Earnings Or Losses | $6,528,189 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $481,716 | GrantsOrScholarshipsAmt |
| Other Expenditures | $670,929 | OtherExpendituresAmt |
| End Year Balance | $29,685,138 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.36540 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.24340 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.39130 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,125,202 | OtherCostOrOtherBasisAmt |
| Book Value | $5,125,202 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $203,267,940 | OtherCostOrOtherBasisAmt |
| Depreciation | $81,049,121 | DepreciationAmt |
| Book Value | $122,218,819 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,139,444 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,456,812 | DepreciationAmt |
| Book Value | $3,682,632 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,454,054 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,341,900 | DepreciationAmt |
| Book Value | $112,154 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $131,138,807 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| US GOVERNMENT GRANTS | $195,659 |
| LIAB. UNDER TRUST AND ANNUITY | $630,205 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $825,864 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $89,409,744 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,048,875 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$35,169,443 | OtherRevenueAmt |
| Revenue Not Reported | -$33,120,568 | RevenueNotReportedAmt |
| Revenue Subtotal | $122,530,312 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $149,450 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $149,450 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $122,679,762 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $90,738,982 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $4,802,284 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $4,802,284 | ExpensesNotReportedAmt |
| Expenses Subtotal | $85,936,698 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $149,450 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $40,754,860 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $40,904,310 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $126,841,008 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE CHAMPLAIN COLLEGE ENDOWMENT CONSISTS OF APPROXIMATELY 59 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. A MAJORITY OF THE FUNDS PROVIDE FINANCIAL AID FOR STUDENTS, ACADEMIC SUPPORT FOR PROGRAMS AND FACILITIES, AND STUDENT SERVICE PROGRAM SUPPORT. 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 THE PURCHASING POWER OF THE ENDOWMENT ASSETS. BASED ON THE POLICIES ADOPTED, THE BOARD OF TRUSTEES MAY APPROVE AND DISTRIBUTE UP TO 5% OF THE VALUE OF THE FUNDS ANNUALLY. THE VALUE OF THE FUNDS IS THE AVERAGE YEAR END VALUE OF THE FUND FOR THE PREVIOUS THREE CALENDAR YEARS. |
| PART X, LINE 2: | FIN 48 (ASC740) THE COLLEGE IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. ASC 740, INCOME TAXES, PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. ASC 740 PERMITS AN ENTITY TO RECOGNIZE THE BENEFIT AND REQUIRES ACCRUAL OF AN UNCERTAIN TAX POSITIONS WHEN THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IN THE EVENT OF AN EXAMINATION BY THE TAX AUTHORITIES. THE COLLEGE HAS NO EXAMINATIONS IN PROGRESS AND BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 114,311. FINANCIAL AID -40,754,860. FOREIGN ENTITIES - REVENUE 5,183,541. CHANGE IN ALLOWANCE FOR CONTRIBUTION RECEIVABLE 287,565. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FOREIGN ENTITIES - EXPENSE 4,802,284. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID EXCLUDING FOREIGN ENTITIES 40,754,860. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVES FEDERAL STUDENT AID FROM THE DEPARTMENT OF EDUCATION. |
| PART I, LINE 3 | CHAMPLAIN COLLEGE MAINTAINS A COMPREHENSIVE NONDISCRIMINATION POLICY THAT APPLIES TO ALL ASPECTS OF ITS EDUCATIONAL PROGRAMS AND ACTIVITIES. THIS POLICY IS PUBLISHED IN THE FOLLOWING LOCATIONS: THE COLLEGE'S OFFICIAL WEBSITE (WWW.CHAMPLAIN.EDU) THE STUDENT HANDBOOK EMPLOYEE HANDBOOK ALL ADMISSIONS MATERIALS AND CATALOGS FINANCIAL AID INFORMATION THE COLLEGE'S NONDISCRIMINATION STATEMENT AFFIRMS THAT CHAMPLAIN COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, AGE, SEX, RELIGION, DISABILITY, OR ANY OTHER LEGALLY PROTECTED STATUS IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC OR OTHER SCHOOL-ADMINISTERED PROGRAMS. ADDITIONALLY, THE COLLEGE REGULARLY REVIEWS ITS POLICIES TO ENSURE COMPLIANCE WITH FEDERAL AND STATE REGULATIONS. THE POLICY IS COMMUNICATED TO ALL PROSPECTIVE STUDENTS, CURRENT STUDENTS, FACULTY, AND STAFF. IN ACCORDANCE WITH CURRENT FEDERAL GUIDANCE, THE COLLEGE FOCUSES ITS POLICIES AND PROGRAMS ON MAINTAINING EQUAL OPPORTUNITY AND ACADEMIC EXCELLENCE FOR ALL STUDENTS. THE COLLEGE'S COMMITMENT TO EDUCATIONAL ACCESS IS DEMONSTRATED THROUGH MERIT-BASED SCHOLARSHIPS, NEED-BASED FINANCIAL AID PROGRAMS, AND ACADEMIC SUPPORT SERVICES AVAILABLE TO ALL QUALIFIED STUDENTS. CHAMPLAIN COLLEGE IS COMMITTED TO FOSTERING AN EDUCATIONAL ENVIRONMENT WHERE ALL STUDENTS CAN SUCCEED BASED ON THEIR ACADEMIC ABILITIES AND PERSONAL DEDICATION. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | PROGRAM SERVICES | FINANCIAL AID | $22,500 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | FINANCIAL AID | $33,000 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM SERVICES | FINANCIAL AID | $26,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $82,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $82,000 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (3 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|---|
| INSTITUTIONAL SCHOLARSHIPS - UNDERGRADUATE | EUROPE | 2 | $22,500 |
| INSTITUTIONAL SCHOLARSHIPS - UNDERGRADUATE | EAST ASIA AND THE PACIFIC | 1 | $33,000 |
| INSTITUTIONAL SCHOLARSHIPS - UNDERGRADUATE | CENTRAL AMERICA AND THE CARIBBEAN | 1 | $26,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | MONITORING THE USE OF GRANT FUNDS OUTSIDE THE U.S. THE COLLEGE OFFERS FINANCIAL ASSISTANCE, IN THE FORM OF GRANTS AND SCHOLARSHIPS, TO INTERNATIONAL STUDENTS. IN ORDER TO QUALIFY FOR THE ASSISTANCE, A STUDENT MUST BE ENROLLED FULL-TIME, MUST HAVE ACHIEVED A SATISFACTORY GRADE POINT AVERAGE, AND MUST HAVE DEMONSTRATED FINANCIAL NEED. ALL GRANTS AND SCHOLARSHIPS TO STUDENTS ARE AWARDED BASED ON NEED AND CONFORM TO FEDERAL, STATE AND INSTITUTIONAL REGULATIONS. THE COLLEGE HAS PROCEDURES IN PLACE FOR MONITORING GRANTS TO ENSURE PROPER COMPLIANCE. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| INSTITUTIONAL SCHOLARSHIPS - UNDERGRADUATE | 1701 | $38,298,939 |
| SEOG FINANCIAL AID | 874 | $308,263 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | MONITORING THE USE OF GRANT FUNDS IN THE U.S. CHAMPLAIN OFFERS BOTH MERIT AID AND NEED-BASED AID. MERIT SCHOLARSHIPS ARE RENEWED ANNUALLY PROVIDED THE STUDENT IS ENROLLED FULL-TIME AND MEETS ALL ACADEMIC STANDARDS. NEED-BASED SCHOLARSHIPS ARE RENEWED ANNUALLY BASED ON FINANCIAL NEED; THE FREE APPLICATION FOR FEDERAL STUDENT AID(FAFSA) FORM MUST BE COMPLETED IN ORDER TO BE CONSIDERED FOR THESE AWARDS. THE FINANCIAL AID OFFICE MONITORS STUDENTS TO ENSURE CONTINUED ELIGIBILITY FOR THE TYPE OF AID THEY ARE RECEIVING. AT THE END OF EACH SEMESTER (FALL, SPRING, SUMMER), EVERY FINANCIAL AID RECIPIENT'S PROGRESS IS REVIEWED BY THE OFFICE OF FINANCIAL AID. STUDENTS ARE MEASURED USING BOTH QUALITATIVE AND QUANTITATIVE STANDARDS. THE PURPOSE OF THIS REVIEW IS TO MEASURE WHETHER A STUDENT IS MAKING SATISFACTORY ACADEMIC PROGRESS TOWARDS GRADUATION. THESE STANDARDS APPLY TO ALL TYPES OF FINANCIAL AID: FEDERAL, STATE AND INSTITUTIONAL AID. STUDENTS WHO FAIL TO MEET THE SATISFACTORY ACADEMIC PROGRESS REQUIREMENTS MAY BECOME INELIGIBLE TO RECEIVE FINANCIAL AID UNTIL THEY ARE IN COMPLIANCE WITH THESE REQUIREMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALEJANDRO E HERNANDEZ | ||||||||||||||
| PRESIDENT | $398,521 | $0 | $0 | $0 | $66,816 | $0 | $66,369 | $0 | $61,088 | $0 | $592,794 | $0 | $0 | $0 |
| MONIQUE TAYLOR | ||||||||||||||
| PROVOST | $249,708 | $0 | $0 | $0 | $49,955 | $0 | $17,943 | $0 | $34,398 | $0 | $352,004 | $0 | $0 | $0 |
| CHRISTA MONTAGNINO | ||||||||||||||
| VICE PRESIDENT | $237,862 | $0 | $24,000 | $0 | $1,164 | $0 | $16,734 | $0 | $31,947 | $0 | $311,707 | $0 | $0 | $0 |
| LESLIE AVERILL | ||||||||||||||
| VICE PRESIDENT | $238,307 | $0 | $0 | $0 | $31,102 | $0 | $16,672 | $0 | $13,823 | $0 | $299,904 | $0 | $0 | $0 |
| FREDERICK BURKHARDT | ||||||||||||||
| PROFESSOR OF FINANCE (THRU 6/24) | $79,488 | $0 | $0 | $0 | $152,865 | $0 | $8,725 | $0 | $19,937 | $0 | $261,015 | $0 | $0 | $0 |
| JOSEPH O'GRADY | ||||||||||||||
| PROF. OF HR MGMT & SRVCS (THRU 6/24) | $73,707 | $0 | $28,179 | $0 | $125,526 | $0 | $13,902 | $0 | $15,290 | $0 | $256,604 | $0 | $0 | $0 |
| DIANA MATOT | ||||||||||||||
| VICE PRESIDENT | $194,749 | $0 | $0 | $0 | $987 | $0 | $19,883 | $0 | $31,388 | $0 | $247,007 | $0 | $0 | $0 |
| SARAH ANDRIANO | ||||||||||||||
| VICE PRESIDENT | $188,044 | $0 | $0 | $0 | $420 | $0 | $13,553 | $0 | $33,384 | $0 | $235,401 | $0 | $0 | $0 |
| NICOLE MORRIS | ||||||||||||||
| PROF. OF ACCOUNTING (THRU 6/24) | $79,972 | $0 | $0 | $0 | $131,747 | $0 | $8,213 | $0 | $2,913 | $0 | $222,845 | $0 | $0 | $0 |
| NANCY KERR | ||||||||||||||
| PROF. OF COMMS AND MEDIA (THRU 6/24) | $67,231 | $0 | $0 | $0 | $120,001 | $0 | $8,914 | $0 | $16,255 | $0 | $212,401 | $0 | $0 | $0 |
| ALI HADI | ||||||||||||||
| PROFESSOR | $169,574 | $0 | $0 | $0 | $304 | $0 | $12,091 | $0 | $30,094 | $0 | $212,063 | $0 | $0 | $0 |
| APRIL O'DELL | ||||||||||||||
| TREASURER | $161,588 | $0 | $0 | $0 | $360 | $0 | $11,853 | $0 | $35,998 | $0 | $209,799 | $0 | $0 | $0 |
| DANELLE BERUBE | ||||||||||||||
| VICE PRESIDENT | $171,275 | $0 | $0 | $0 | $362 | $0 | $11,521 | $0 | $14,628 | $0 | $197,786 | $0 | $0 | $0 |
| JENNIFER KENNELLY | ||||||||||||||
| ASSISTANT TREASURER | $108,009 | $0 | $0 | $0 | $43,007 | $0 | $8,224 | $0 | $36,088 | $0 | $195,328 | $0 | $0 | $0 |
| KATHY EHLERS | ||||||||||||||
| VP ENROLLMENT STRATEGY & MARKETING | $115,005 | $0 | $0 | $0 | $39,559 | $0 | $5,292 | $0 | $21,700 | $0 | $181,556 | $0 | $0 | $0 |
| LEANDRE WALDO | ||||||||||||||
| SECRETARY | $125,920 | $0 | $0 | $0 | $395 | $0 | $9,138 | $0 | $18,232 | $0 | $153,685 | $0 | $0 | $0 |
| ROBIN GRONLUND | ||||||||||||||
| VICE PRESIDENT (THRU 6/24) | $105,182 | $0 | $0 | $0 | $1,529 | $0 | $11,015 | $0 | $17,125 | $0 | $134,851 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | AS A CONDITION OF EMPLOYMENT, THE COLLEGE REQUIRES THAT THE PRESIDENT LIVE IN THE PRESIDENTIAL RESIDENCE LOCATED ON THE COLLEGE CAMPUS. THESE AMOUNTS ARE INCLUDED IN COLUMN (D) AS A NON-TAXABLE BENEFIT. THE COLLEGE MAY PROVIDE HOUSING ARRANGEMENTS TO NEW OFFICERS AND DIRECTORS OF THE COLLEGE UPON HIRE ON A TEMPORARY BASIS. THE COLLEGE COMPLIES WITH IRC SECTION 119. |
| PART I, LINE 3 | SEE SCHEDULE O COMPENSATION POLICY |
| PART I, LINES 4A-B | IN THE CALNEDAR YEAR 2024, PURSUANT TO AN EMPLOYMENT AGREEMENT, THE FOLLOWING INDIVIDUALS RECIEVED A ONE-TIME PAYMENT: I. PROFESSOR OF FINANCE $152,492 II. PROFESSOR OF HR MANAGEMENT AND SERVICES $122,688 III. PROFESSOR OF ACCOUNTING $131,540 IV. PROFESSOR OF COMMUNICATIONS $118,237 EFFECTIVE NOVEMBER 30, 2021, THE COLLEGE ESTABLISHED A 457(F) DEFERRED COMPENSATION PLAN FOR ALEJANDRO HERNANDEZ, PRESIDENT. NO VESTING OCCURRED AS OF JUNE 30, 2025. |
| PART I, LINE 7 | BONUSES FOR OFFICERS ARE DETERMINED BY THE COMPENSATION COMMITTEE AND ARE DISCRETIONARY. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VEHBFA (SERIES 2016A) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 237154467 | BondIssuerEIN |
| CUSIP | 924166JXO | CUSIPNum |
| Bond Issued | 2016-12-01 | BondIssuedDt |
| Issue Price | $67,826,964 | IssuePriceAmt |
| Purpose | REFUND PRIOR BONDS & CONSTRUCTION | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $1,535,000 | RetiredAmt |
| Total Proceeds | $68,098,866 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $617,916 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $22,186,692 | CapitalExpendituresAmt |
| Other Spent Proceeds | $45,294,258 | OtherSpentProceedsAmt |
| Substantial Completion | 2018 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Concerning UBI | 0.01900 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.01900 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | Yes (1) | Form8038TFiledInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE A, COLUMN F: | THE 2016A BOND ISSUE WAS FOR CONSTRUCTION OF A MIXED-USE FACILITY CONSISTING OF 105 DWELLING UNITS WITH AN AGGREGATE OF 314 BEDS FOR STUDENT HOUSING AS WELL AS GARAGE AND RETAIL STORE SPACE. THE BUILDING WAS PLACED IN SERVICE IN FISCAL YEAR 2019. THE 2016A BOND ISSUE ALSO REFUNDED THE FOLLOWING BONDS: 2009 SERIES - 06/09/2009 2010A SERIES - 12/13/2010 2010B SERIES - 12/13/2010 2011 SERIES - 12/09/2011 2013 SERIES - 05/29/2013 2014 SERIES - 07/30/2014 |
| PART II, LINE 3: | THE TOTAL AMOUNT OF PROCEEDS OF THE BOND ISSUE DOES NOT AGREE TO THE ISSUE PRICE LISTED IN PART I, COLUMN E DUE TO INTEREST EARNED OF $261,902 ON DEPOSIT WITH BOND TRUSTEE |
| PART III, LINE 3A: | THE COLLEGE ENTERS INTO JANITORIAL AND VENDING SERVICE CONTRACTS FOR ALL CAMPUS BUILDINGS INCLUDING RESIDENTIAL, ACADEMIC, AND ADMINISTRATIVE BUILDINGS. THESE SERVICES ARE DEEMED INCIDENTAL FOR PRIVATE BUSINESS USE CONSIDERATIONS. THE COLLEGE HAS ENGAGED LEGAL COUNSEL TO REVIEW THIRD PARTY FOOD MANAGEMENT SERVICE CONTRACTS TO ENSURE THEY MEET THE SAFE HARBOR REQUIREMENTS. AS A RESULT, THESE CONTRACTS DO NOT YIELD PRIVATE BUSINESS USE. THE COLLEGE ALSO ENTERS INTO A BOOKSTORE MANAGEMENT SERVICE CONTRACT WHICH MEETS THE SAFE HARBOR REQUIREMENTS AND THEREFORE DOES NOT RESULT IN PRIVATE BUSINESS USE. |
| PART IV, LINE 2C: | ARBITRAGE REBATE COMPUTATIONS: THE ARBITRAGE REBATE COMPUTATIONS FOR THE SERIES 2016A BONDS WERE PERFORMED ON DECEMBER 1, 2021. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUBSTANTIAL CONTRIBUTOR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | SUBSTANTIAL CONTRIBUTOR | RelationshipDescriptionTxt |
| Transaction | $4,000,189 | TransactionAmt |
| Transaction | PROVISION OF SERVICES | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $122,084 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1 | ORGANIZATION'S MISSION: CHAMPLAIN COLLEGE EDUCATES ADAPTABLE THINKERS, DARING CHANGE-MAKERS, AND INCLUSIVE INNOVATORS WHO SHAPE PROFESSIONS AND INSPIRE COMMUNITIES. CHAMPLAIN'S AGILE AND ENTREPRENEURIAL APPROACH TO HIGHER EDUCATION UNIQUELY BLENDS TECHNOLOGY LEADERSHIP, MARKET SAVVY, INNOVATION AND FISCAL RESPONSIBILITY WITH A COMMITMENT TO LIBERAL LEARNING, COMMUNITY INVOLVMENT AND "THE HUMAN TOUCH." THIS DISTINCTIVE APPROACH PERMEATES THE DELIVERY OF RELEVANT, RIGOROUS STUDENT-CENTERED PROGRAMS IN BUSINESS, ARTS, APPLIED TECHNOLOGY, AND PUBLIC SERVICE. |
| FORM 990, PART III, LINE 4A | UNDERGRADUATE PROGRAM- THE COLLEGE HAS FIVE UNDERGRADUATE CAMPUS DIVISIONS, INCLUDING BUSINESS, COMMUNICATION & CREATIVE MEDIA, EDUCATION & HUMAN STUDIES, INFORMATION TECHNOLOGY & SCIENCES, AND CORE. WITHIN THE UNDERGRADUATE CAMPUS DIVISIONS, THE COLLEGE HAS FOUR CENTERS OF EXPERIENCE INCLUDING THE LEAHY CENTER FOR DIGITAL FORENSICS & CYBERSECURITY, THE EMERGENT MEDIA CENTER, THE CENTER FOR INNOVATION & ENTREPRENEURSHIP, THE CENTER FOR FINANCIAL LITERACY, THE LEAHY CENTER, THE EMERGENT MEDIA CENTER, THE CENTER FOR COMMUNITY & SOCIAL JUSTICE. EACH CENTER CONNECTS CHAMPLAIN TO THE GREATER BURLINGTON COMMUNITY AND THE WORLD THROUGH ITS SPECIFIC SKILL SET AND EXPERTISE, TURNING THEORY INTO PRACTICE. THE CENTERS ENTRUST STUDENTS WITH RESPONSIBILITY, ENGAGE THEM IN AMBITIOUS GOALS AND EMPOWER THEM WITH LEADERSHIP QUALITIES, SUCH AS CREATIVITY, CONFIDENCE, INSIGHT AND INTEGRITY. THE COLLEGE CURRENTLY HAS ABOUT 1,450 TRADITIONAL UNDERGRADUATE STUDENTS ENROLLED IN EDUCATIONAL PROGRAMS WHICH LEAD TO ASSOCIATE AND BACHELOR DEGREES. |
| FORM 990, PART III, LINE 4B | AUXILIARY ENTERPRISES- RESIDENTIAL LIFE AT CHAMPLAIN COLLEGE INCLUDES 20 TRADITIONAL RESIDENCE HALLS AND 9 APARTMENT STYLE HOUSING COMPLEXES, EACH WITH DISTINCTIVE ARCHITECTURAL FEATURES. EACH RESIDENCE HAS A COMMUNITY-ORIENTED ATMOSPHERE. THIS SETTING HELPS CREATE MUCH CLOSER AND LONGER-LASTING RELATIONSHIPS, SOMETHING THAT DIFFERENTIATES CHAMPLAIN. AT CHAMPLAIN, YOU'LL FIND VICTORIAN-ERA MANSIONS WITH CURVED STAIRCASES, CAREFULLY RESTORED WOODWORK AND EXPANSIVE WINDOWS LOOKING OUT OVER LAKE CHAMPLAIN AND THE ADIRONDACK MOUNTAINS. CHAMPLAIN BELIEVES THAT PROVIDING HOUSING ENABLES THE COLLEGE TO PROVIDE STUDENTS WITH A MORE WELL-ROUNDED EDUCATIONAL EXPERIENCE AND CONTRIBUTES TO GETTING STUDENTS READY FOR LIFE. THE COLLEGE OPERATES A CONFERENCE AND EVENT CENTER WHICH OFFERS A VENUE FOR SPECIAL EVENTS, MEETINGS AND CONFERENCES. ADDITIONALLY, THE COLLEGE'S BOOK STORE AND FOOD SERVICE IS OFFERED FOR THE STUDENTS (PRIMARILY FOR THE RESIDENTIAL CAMPUS COMMUNITY). |
| FORM 990, PART III, LINE 4C | CHAMPLAIN COLLEGE ONLINE (CCO) OFFERS UNDERGRADUATE AND GRADUATE PROGRAMS ONLINE TO ADULT LEARNERS WITH DEGREES IN BUSINESS, CYBERSECURITY, GAMING, HEALTHCARE AND INFORMATION TECHNOLOGY. CCO PROGRAMS ARE TAILORED TO THE NEEDS OF AN ADULT STUDENT POPULATION; THEY TAKE INTO ACCOUNT THE VALUE OF PRIOR EDUCATION AND PROFESSIONAL EXPERIENCES. CCO ALSO HOUSES THE COLLEGE'S TRU-ED PROGRAM. TRU-ED IS A BOLD REIMAGING OF WORKFORCE DEVELOPMENT THAT CREATES OPPORTUNITIES FOR ADULTS TO FURTHER THEIR EDUCATION IN CHAMPLAIN COLLEGE'S AWARD-WINNING ONLINE ACADEMIC PROGRAMS AND BRINGS TALENT MANAGEMENT AND FORWARD-THINKING WORKFORCE DEVELOPMENT SOLUTIONS TO EMPLOYERS. THROUGH STRATEGIC ALLIANCES WITH LEADING ORGANIZATIONS IN GOVERNMENT AND INDUSTRY, CHAMPLAIN COLLEGE ONLINE DELIVERS AN AFFORDABLE, ACCESSIBLE AND IMMEDIATELY APPLICABLE HIGHER EDUCATION TO HELP EMPLOYEES GAIN THE SKILLS AND KNOWLEDGE NEEDED TO ENHANCE THEIR CAREERS AND ACHIEVE THEIR ORGANIZATION'S BUSINESS OBJECTIVES. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 REVIEW PROCESS THE ACCOUNTING STAFF AT THE COLLEGE IS RESPONSIBLE FOR GATHERING AND DRAFTING THE INFORMATION TO POPULATE THE FORM 990 IN CONJUNCTION WITH KPMG LLP, INDEPENDENT ACCOUNTANTS. ONCE THE DRAFT IS COMPLETED, IT IS REVIEWED BY THE ASSISTANT TREASURER AND TREASURER. THE COLLEGE ELECTRONICALLY DISTRIBUTES, VIA THE BOARD BOOK, A COMPLETE COPY OF ITS FORM 990 TO EACH MEMBER OF THE GOVERNING BODY FOR THEIR REVIEW, PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY THE COLLEGE HAS A STATEMENT OF POLICY REGARDING CONFLICT OF INTEREST FOR THE BOARD OF TRUSTEES, OFFICERS, AND KEY EMPLOYEES. ATTACHED TO THE CONFLICT OF INTEREST STATEMENT IS A SCHEDULE OF ALL TRUSTEE, OFFICER AND/OR KEY EMPLOYEES OF THE COLLEGE, AND INDIVIDUALS AND ENTITIES WHO HAVE OR HAVE HAD KEY BUSINESS RELATIONSHIPS WITH THE COLLEGE (E.G., INVESTMENT MANAGERS, LENDERS, OTHER FINANCIAL INSTITUTIONS, KEY VENDORS PROVIDING EITHER GOODS OR SERVICES TO THE COLLEGE). UPON JOINING THE BOARD OF TRUSTEES AND ANNUALLY THEREAFTER, EACH MEMBER OF THE BOARD MUST REVIEW THE SCHEDULE AND COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. THE CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. IF ANY CONFLICT OF INTEREST EXISTS BY A VOTING MEMBER OF THE COMMITTEE OR BOARD OF TRUSTEES, THEY MUST RECUSE THEMSELVES OF MATTERS PERTAINING TO A CONFLICT. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE BY THE TRUSTEE NOT VOTING. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION POLICY THE COMPENSATION COMMITTEE (THE COMMITTEE) WILL ANNUALLY REVIEW THE REASONABLENESS OF COMPENSATION LEVELS OF ALL OFFICERS ON A POSITION-BY-POSITION BASIS. THE COMMITTEE IS INDEPENDENT AND FREE FROM CONFLICT OF INTEREST. THE COMMITTEE REVIEWS THE NATURE AND SCOPE OF EACH POSITION AND ASSESSES THE BASIS FOR WHICH COMPENSATION IS TO BE PAID TO THE INDIVIDUAL. THE COMMITTEE DETERMINES COMPENSATION FOR ALL OFFICERS, EXCEPT THE PRESIDENT, UPON RECEIPT OF WRITTEN PERFORMANCE REVIEWS AND "VALID MARKET DATA". THE PRESIDENT REVIEWS EACH OFFICER'S PERFORMANCE FOR THE PRIOR YEAR AND SUBMITS A COMPENSATION RECOMMENDATION TO THE COMMITTEE BASED ON A COMBINATION OF "VALID MARKET DATA AND INDIVIDUAL PERFORMANCE. "VALID MARKET DATA" IS DETERMINED USING THE FOLLOWING METHOD: 1.1 DETERMINE THE LIST OF OVERLAP INSTITUTIONS - IDENTIFY OTHER PRIVATE COLLEGES THAT HAVE A HIGH NUMBER OF APPLICANT OVERLAPS WITH CHAMPLAIN. THIS DATA IS FROM THE NATIONAL STUDENT CLEARINGHOUSE, WHICH TRACKS THE COLLEGES TO WHICH STUDENTS APPLY AND ULTIMATELY CHOOSE TO ATTEND. 1.2 USING IRS TAX RETURN DATA (VIA GUIDESTAR), FIND THE MOST RECENT REPORT IDENTIFYING THE MOST HIGHLY COMPENSATED EMPLOYEES AT OVERLAP INSTITUTIONS. 1.3 ADJUST THE REPORTED SALARIES AND BENEFITS BY A PERCENTAGE TO MAKE THEM ROUGHLY COMPARABLE TO CURRENT SALARY DATA. THIS INFLATION FACTOR IS DERIVED FROM NATIONALLY REPORTED HIGHER EDUCATION AVERAGE PAY HIKES IN PAST YEARS. BOTH THE BASE YEAR COMPENSATION, AS WELL AS THE ADJUSTED SALARY, ARE REPORTED BACK TO THE COMMITTEE. 1.4 PROVIDE THE COMMITTEE WITH COMPARISONS OF CHAMPLAIN SALARY AND BENEFITS TO OVERLAP OTHER INSTITUTIONS ON A POSITION-BY-POSITION BASIS NARRATIVE INFORMATION WILL BE PROVIDED, IF SIMILARLY TITLED POSITIONS AT OTHER INSTITUTIONS ARE KNOWN TO DIFFER IN SCOPE OF RESPONSIBILITY. THE CHAIR AND VICE CHAIR OF THE BOARD OF TRUSTEES ANNUALLY CONDUCT A PERFORMANCE REVIEW OF THE PRESIDENT. THIS REVIEW, COMBINED WITH THE "VALID MARKET DATA" DESCRIBED ABOVE, IS DISCUSSED AND CONSIDERED BY THE COMMITTEE WHEN ARRIVING AT THE PRESIDENT'S ANNUAL COMPENSATION PACKAGE. THE DECISIONS OF THE COMMITTEE ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF EACH MEETING. THE COMPENSATION PROCEDURES OF THE COLLEGE MEET THE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION. |
| FORM 990, PART VI, SECTION C, LINE 19 | PUBLIC DISCLOSURE POLICY THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO POSTED ON WWW.GUIDESTAR.ORG. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 114,311. CHANGE IN CONTRIBUTION ALLOWANCE FOR DOUBTFUL ACCOUNTS 287,565. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COLLEGE CHAMPLAIN DU VERMONT | |||||||||||||||||
| 525 SHERBROOK STREET EAST | MONTREAL | QUEBEC | CA | H2L 1K2 | 999999999 | EDUCATIONAL | CA | CHAMPLAIN | Yes (1) | ||||||||
| GREEN MTN HIGHER EDUCATION CONSORTIUM | |||||||||||||||||
| 901113280 | SEE PART VII | 0 | 120 GRAHAM WAY SUITE 120 | SHELBURNE | VT | 05482 | VT | 501(C)(3) | 9 | N/A | |||||||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Legal Domicile StateLegalDomicileStateCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHAMPLAIN COLLEGE DUBLIN LIMITED | |||||||||||||
| 43 LOWER LEESON STREET | DUBLIN | EI | D02 EH10 | 999999999 | EDUCATIONAL | EI | CHAMPLAIN | C | -$454,075 | $67,414 | 1.00000 | Yes (1) | |
| CHARITABLE REMAINDER TRUSTS (6) | |||||||||||||
| 999999999 | CHARITABLE TRUST | T | 0 | VT | |||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CHAMPLAIN COLLEGE DUBLIN LIMITED | ||
| D | $3,660,484 | FMV |
| COLLEGE CHAMPLAIN DU VERMONT | ||
| R | $887,911 | FMV |
| CHAMPLAIN COLLEGE DUBLIN LIMITED | ||
| R | $1,254,725 | FMV |
| CHARITABLE REMAINDER TRUSTS | ||
| S | $98,402 | FMV |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 1, COLUMN (D) | THE ORGANIZATION IS A NON-PROFIT ORGANIZATION DESCRIBED IN PARAGRAPH 149(1)(I) OF THE INCOME TAX ACT OF CANADA AND IS EXEMPT FROM TAX. |
| PART II, LINE 2, COLUMN (B) | PROMOTING THE EDUCATIONAL PURPOSE AND CONSULTING SERVICES. |