HOUGHTON UNIVERSITY: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- HOUGHTON UNIVERSITY (EIN 16-0743045)
- Tax period
- 2023-06-01 to 2024-05-31
- Filed
- 2025-04-08
- IRS object ID
- 202500989349301300
- Schema version
- 2023v6.0
- 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 M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-08T09:42:14-05:00 | ReturnTs |
| Tax Period End | 2024-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 160765486 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUMSDEN & MCCORMICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 369 FRANKLIN STREET | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 160743045 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOUGHTON UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOUG | BusinessNameControlTxt |
| Phone | 5855679200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 WILLARD AVENUE | AddressLine1Txt |
| City | HOUGHTON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14744 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DALE WRIGHT | PersonNm |
| Person Title | VICE PRESIDENT, FINANCE | PersonTitleTxt |
| Phone | 5855679200 | PhoneNum |
| Signature | 2025-04-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SARAH M HOPKINS | PreparerPersonNm |
| PTIN | P02010701 | PTIN |
| Phone | 7168563300 | PhoneNum |
| Preparation | 2025-04-01 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR WAYNE D LEWIS JR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 WILLARD AVENUE | AddressLine1Txt |
| City | HOUGHTON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14744 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $39,224,298 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HOUGHTON.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1883 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | A NATIONALLY RANKED CHRISTIAN UNIVERSITY FOUNDED BY THE WESLEYAN CHURCH. | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 29 | VotingMembersIndependentCnt |
| Total Employee | 917 | TotalEmployeeCnt |
| Total Volunteers | 81 | TotalVolunteersCnt |
| Total Gross UBI | $89,959 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $1,778 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $11,539,841 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,666,214 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $19,775,824 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $21,639,778 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,270,119 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,144,236 | CYInvestmentIncomeAmt |
| PY Other Revenue | $701,065 | PYOtherRevenueAmt |
| CY Other Revenue | $688,198 | CYOtherRevenueAmt |
| PY Total Revenue | $34,286,849 | PYTotalRevenueAmt |
| CY Total Revenue | $32,138,426 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,417,809 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,533,190 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,966,667 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,202,850 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,060,875 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,739,093 | PYOtherExpensesAmt |
| CY Other Expenses | $16,919,786 | CYOtherExpensesAmt |
| PY Total Expenses | $34,123,569 | PYTotalExpensesAmt |
| CY Total Expenses | $35,655,826 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $163,280 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,517,400 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $126,684,978 | TotalAssetsBOYAmt |
| Total Assets EOY | $132,225,933 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $31,034,434 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $30,015,937 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $95,650,544 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $102,209,996 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | HOUGHTON UNIVERSITY PROVIDES AN ACADEMICALLY CHALLENGING, CHRIST-CENTERED EDUCATION IN THE LIBERAL ARTS AND SCIENCES TO STUDENTS FROM DIVERSE TRADITIONS AND ECONOMIC BACKGROUNDS AND EQUIPS THEM TO LEAD AND LABOR AS SCHOLAR-SERVANTS IN A CHANGING WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,079,071 | ExpenseAmt |
| Grant | $3,533,190 | GrantAmt |
| Revenue | $13,493,801 | RevenueAmt |
| Desc | INSTRUCTION: HOUGHTON UNIVERSITY PROVIDES ACADEMICALLY CHALLENGING, CHRIST-CENTERED EDUCATION IN THE LIBERAL ARTS AND SCIENCES THROUGH AN ORTHODOX CHRISTIAN WORLDVIEW. A HOUGHTON EDUCATION IS DEEPLY ROOTED IN THE WESLEYAN THEOLOGICAL TRADITION AND IS AVAILABLE TO STUDENTS THROUGH BOTH RESIDENTIAL AND ONLINE PLATFORM. OUR RURAL, RESIDENTIAL CAMPUS FOCUSES ON LEARNING WITHIN AN INTENTIONAL CHRIST-CENTERED COMMUNITY, OFFERING OVER 70 MAJORS TO APPROXIMATELY 900 TRADITIONAL UNDERGRADUATE STUDENTS, EQUIPPING THEM WITH DEGREES IN THE LIBERAL ARTS, NATURAL SCIENCES AND PRE-PROFESSIONAL PROGRAMS. EXPERIENTIAL LEARNING BOTH IN AND OUT OF THE CLASSROOM IS A HALLMARK OF A HOUGHTON EDUCATION, AND UNIQUELY PREPARES OUR STUDENTS TO LEAD AND LABOR AS SCHOLAR-SERVANTS IN A CHANGING WORLD. OUR ONLINE EDUCATION PROVIDES THE SAME ACADEMICALLY CHALLENGING EDUCATION THROUGH AN ORTHODOX CHRISTIAN WORLDVIEW TO A STUDENT BODY OF DIVERSE LEARNERS INCLUDING ADULTS, PROFESSIONALS, TRADITIONAL COLLEGE STUDENTS, AND PRE-COLLEGE DUAL-ENROLLED STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,570,663 | ExpenseAmt |
| Revenue | $8,191,303 | RevenueAmt |
| Desc | AUXILARY ENTERPRISES: HOUGHTON UNIVERSITY'S AUXILIARY ENTERPRISES ARE PRIMARILY COMPOSED OF STUDENT HOUSING, DINING SERVICES AND THE HIGHLANDERS SHOP CAMPUS STORE. AS A RURAL, RESIDENTIAL CAMPUS, THESE COMPONENTS BECOME A VITAL PART OF A STUDENT'S EXPERIENCE, PROVIDING OPPORTUNITY FOR SOCIAL AND EMOTIONAL GROWTH AND FEEDING INTO THE VITALLY IMPORTANT TASK OF DEVELOPING CHRISTIAN YOUNG MEN AND WOMEN. AS STUDENTS LIVE AND LEARN TOGETHER, THE GROWTH WHICH TAKES PLACE IN STUDENT HOUSING AND THE DINING HALL IS OFTEN A SIGNIFICANT FACTOR IN THE WORLD-CHANGING, KINGDOM IMPACT OUR ALUMNI WILL HAVE AFTER GRADUATION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,899,681 | ExpenseAmt |
| Desc | STUDENT SERVICES: AT HOUGHTON UNIVERSITY, EDUCATION IS NOT CONFINED TO THE CLASSROOM. STUDENT LIFE, INCLUDING APPROXIMATELY 35 UNIQUE STUDENT CLUBS, A WEEKLY RHYTHM OF SPIRITUAL DEVELOPMENT, AND STUDENT LEADERSHIP DEVELOPMENT, PROVIDES BOTH SOCIAL AND PROFESSIONAL LEARNING OPPORTUNITIES FOR HOUGHTON STUDENTS. AS AN NCAA DIII SCHOOL, HIGHLANDER ATHLETICS SPONSORS 15 SPORTS TEAMS AND SERVES APPROXIMATELY ONE-THIRD OF THE STUDENT BODY, OFFERING LIFE-LONG WELLNESS SKILLS AND INTENSIVE CHRISTIAN LEADERSHIP DEVELOPMENT. OTHER STUDENT SERVICES INCLUDE WRAP-AROUND CARE SUPPORTING STUDENT'S MENTAL AND PHYSICAL WELLBEING, ACADEMIC SUPPORTS, AND INTERNSHIP AND CAREER SERVICES. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,741,770 | ExpenseAmt |
| Revenue | $567,716 | RevenueAmt |
| Desc | OTHER PROGRAM EXPENSES INCLUDE GRANTS TO STUDENTS, AS WELL AS DEPARTMENTAL PROJECTS AND STUDENT LOANS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,741,770 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $567,716 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $30,291,185 | 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 | Yes (1) | 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 | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | 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 | 0 | 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 | 0 | 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 | 1507 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 917 | 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 | 0 | ForeignFinancialAccountInd |
| 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANAE FORREST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5855679200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 WILLARD AVENUE | AddressLine1Txt |
| City | HOUGHTON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14744 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 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 |
|---|---|---|---|---|---|---|---|---|
| DR WAYNE D LEWIS JR | ||||||||
| PRESIDENT | 39.00 | 1.00 | Yes (X) | Yes (X) | $264,960 | $0 | $18,742 | |
| REV DR JOSEPH JENNINGS | ||||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| REV DR MATTHEW D PICKERING | ||||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KAREN FOHL | ||||||||
| SECRETARY | 2.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOY TOLLIVER | ||||||||
| ASSISTANT SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| GARY BAHLER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DR JOANNE BARNES | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL BATES | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DR DAVID BEATTIE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DEBRA CANFIELD | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES ECKERT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MIKE GAFFNEY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| REV JOHN GILLETTE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DR DORIS GRIFFIN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| OMAR HAEDO | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RAY KALTENBAUGH | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DR RALPH KERR | ||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN C KNOWLTON | ||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GARY LARDER | ||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EMILY LAST | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN LEE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| REV DR J ANTHONY LLOYD | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DR C DAVID MARKLE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| REV DR GREG MCCLAIN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HARRIETT OLSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TERRY SLYE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| REV HAROLD SPOONER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DR COREENA WEAVER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| AIMEE WUETHRICH | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DR JUN ZHUANG | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DALE WRIGHT | ||||||||
| VP OF FINANCE | 38.00 | 2.00 | Yes (X) | $130,504 | $0 | $12,994 | ||
| DAVID DAVIES | ||||||||
| PROVOST AND DEAN OF FACULTY | 40.00 | $137,846 | $0 | $12,846 | Yes (X) | |||
| JASON TOWERS | ||||||||
| VP FOR ENROLLMENT | 40.00 | $129,933 | $0 | $13,005 | Yes (X) | |||
| ANN MONROE-BAILLARGEON | ||||||||
| DEAN OF EDUCATION AND PSYCHOLOGY | 40.00 | $122,004 | $0 | $8,136 | Yes (X) | |||
| KARL SISSON | ||||||||
| VP FOR ADVANCEMENT AND EXTERNAL ENGAGEMENT | 39.00 | 1.00 | $121,030 | $0 | $5,496 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $906,277 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $71,219 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | 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 |
|---|---|---|---|---|---|
| METZ CULINARY MANAGEMENT | |||||
| TWO WOODLAND DRIVE | DALLAS | PA | 18612 | FOOD SERVICE | $2,745,912 |
| SODEXO INC & AFFILIATES (FAC CONTRACT | |||||
| PO BOX 360170 | PITTSBURGH | PA | 15251 | CUSTODIAL AND MAINTENANCE | $2,410,160 |
| ACARA SOLUTIONS | |||||
| PO BOX 9057 | WILLIAMSVILLE | NY | 14231 | PAYROLL SERVICE | $220,456 |
| SPARKS451 INC | |||||
| 865 MERRICK AVE SUITE 451 | WESTBURY | NY | 11590 | DIGITAL MEDIA AND ADVERTISING | $208,026 |
| MJ MECHANICAL SERVICES INC | |||||
| 95 PIRSON PARKWAY | TONAWANDA | NY | 14150 | REPAIR SERVICES | $106,743 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $1,406,700 | RelatedOrganizationsAmt |
| Government Grants | $268,660 | GovernmentGrantsAmt |
| All Other Contributions | $4,990,854 | AllOtherContributionsAmt |
| Noncash Contributions | $275,744 | NoncashContributionsAmt |
| Total Contributions | $6,666,214 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION AND FEES | 611600 | $13,493,801 | $13,493,801 | |
| AUXILIARY ENTERPRISES | 611710 | $8,145,977 | $8,071,779 | $74,198 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $21,639,778 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,371,401 | TotalRevenueColumnAmt |
| Exclusion | $2,371,401 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,668,914 | SecuritiesAmt |
| Other | $14,803 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,910,882 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $758,032 | SecuritiesAmt |
| Other | $14,803 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $772,835 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,803 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $758,032 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $310,275 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $174,990 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $135,285 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $119,524 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $15,761 | UnrelatedBusinessRevenueAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $552,913 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $552,913 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $552,913 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $32,138,426 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,252,820 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $89,959 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,129,433 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,533,190 | TotalAmt |
| Program Services | $3,533,190 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $561,621 | TotalAmt |
| Management And General | $467,785 | ManagementAndGeneralAmt |
| Fundraising | $93,836 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,622,838 | TotalAmt |
| Program Services | $9,382,391 | ProgramServicesAmt |
| Management And General | $1,730,181 | ManagementAndGeneralAmt |
| Fundraising | $510,266 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,253 | TotalAmt |
| Program Services | $153,440 | ProgramServicesAmt |
| Management And General | $44,007 | ManagementAndGeneralAmt |
| Fundraising | $11,806 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,053,905 | TotalAmt |
| Program Services | $1,586,460 | ProgramServicesAmt |
| Management And General | $370,538 | ManagementAndGeneralAmt |
| Fundraising | $96,907 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $755,233 | TotalAmt |
| Program Services | $553,792 | ProgramServicesAmt |
| Management And General | $158,831 | ManagementAndGeneralAmt |
| Fundraising | $42,610 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,023 | TotalAmt |
| Management And General | $8,023 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,781 | TotalAmt |
| Management And General | $64,781 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,270,103 | TotalAmt |
| Program Services | $2,063,590 | ProgramServicesAmt |
| Management And General | $160,635 | ManagementAndGeneralAmt |
| Fundraising | $45,878 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $505,830 | TotalAmt |
| Program Services | $268,036 | ProgramServicesAmt |
| Management And General | $229,545 | ManagementAndGeneralAmt |
| Fundraising | $8,249 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $359,594 | TotalAmt |
| Program Services | $244,683 | ProgramServicesAmt |
| Management And General | $109,721 | ManagementAndGeneralAmt |
| Fundraising | $5,190 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $353,343 | TotalAmt |
| Program Services | $210,500 | ProgramServicesAmt |
| Management And General | $142,843 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,052,466 | TotalAmt |
| Program Services | $1,709,530 | ProgramServicesAmt |
| Management And General | $335,445 | ManagementAndGeneralAmt |
| Fundraising | $7,491 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $889,120 | TotalAmt |
| Program Services | $752,086 | ProgramServicesAmt |
| Management And General | $58,877 | ManagementAndGeneralAmt |
| Fundraising | $78,157 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,079 | TotalAmt |
| Program Services | $15,961 | ProgramServicesAmt |
| Management And General | $10,118 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,034,039 | TotalAmt |
| Program Services | $913,457 | ProgramServicesAmt |
| Management And General | $119,492 | ManagementAndGeneralAmt |
| Fundraising | $1,090 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,041,825 | TotalAmt |
| Program Services | $2,883,458 | ProgramServicesAmt |
| Management And General | $156,266 | ManagementAndGeneralAmt |
| Fundraising | $2,101 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $264,329 | TotalAmt |
| Program Services | $251,308 | ProgramServicesAmt |
| Management And General | $11,553 | ManagementAndGeneralAmt |
| Fundraising | $1,468 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD | $1,376,559 | $1,376,559 | ||
| SUPPLIES, PRINTING, AND | $784,891 | $618,089 | $98,483 | $68,319 |
| OTHER FOOD SERVICE COST | $236,754 | $236,754 | ||
| LAB COSTS | $143,150 | $143,150 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,508,900 | TotalAmt |
| Program Services | $3,394,751 | ProgramServicesAmt |
| Management And General | $26,642 | ManagementAndGeneralAmt |
| Fundraising | $87,507 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,655,826 | TotalAmt |
| Program Services | $30,291,185 | ProgramServicesAmt |
| Management And General | $4,303,766 | ManagementAndGeneralAmt |
| Fundraising | $1,060,875 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,187,902 | BOYAmt |
| EOY | $135,058 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,437,194 | BOYAmt |
| EOY | $2,455,995 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,577,439 | BOYAmt |
| EOY | $1,749,576 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,235,995 | BOYAmt |
| EOY | $1,299,437 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $675,052 | BOYAmt |
| EOY | $603,410 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,052 | BOYAmt |
| EOY | $124,460 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $674,922 | BOYAmt |
| EOY | $592,679 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $100,898,069 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $63,385,319 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,009,197 | BOYAmt |
| EOY | $37,512,750 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,536,004 | BOYAmt |
| EOY | $81,136,171 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,232,221 | BOYAmt |
| EOY | $6,616,397 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,684,978 | BOYAmt |
| EOY | $132,225,933 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,884,603 | BOYAmt |
| EOY | $2,602,537 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $959,065 | BOYAmt |
| EOY | $1,019,447 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,250,000 | BOYAmt |
| EOY | $21,945,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,940,766 | BOYAmt |
| EOY | $4,448,953 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,034,434 | BOYAmt |
| EOY | $30,015,937 | 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 | $21,387,560 | BOYAmt |
| EOY | $16,961,108 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,262,984 | BOYAmt |
| EOY | $85,248,888 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,650,544 | BOYAmt |
| EOY | $102,209,996 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,684,978 | BOYAmt |
| EOY | $132,225,933 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$3,517,400 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $9,903,040 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $173,812 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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 |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $69,416,105 | BeginningYearBalanceAmt |
| Contributions | $2,029,361 | ContributionsAmt |
| Investment Earnings Or Losses | $12,240,524 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,252,707 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,850,990 | OtherExpendituresAmt |
| End Year Balance | $80,582,293 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $69,865,076 | BeginningYearBalanceAmt |
| Contributions | $2,189,621 | ContributionsAmt |
| Investment Earnings Or Losses | $530,328 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,117,521 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,051,399 | OtherExpendituresAmt |
| End Year Balance | $69,416,105 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $77,840,929 | BeginningYearBalanceAmt |
| Contributions | $2,747,440 | ContributionsAmt |
| Investment Earnings Or Losses | -$8,312,249 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $988,465 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,422,579 | OtherExpendituresAmt |
| End Year Balance | $69,865,076 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $57,801,644 | BeginningYearBalanceAmt |
| Contributions | $1,538,849 | ContributionsAmt |
| Investment Earnings Or Losses | $20,841,026 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $948,737 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,391,853 | OtherExpendituresAmt |
| End Year Balance | $77,840,929 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $53,834,227 | BeginningYearBalanceAmt |
| Contributions | $1,789,287 | ContributionsAmt |
| Investment Earnings Or Losses | $4,400,747 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $908,663 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,313,954 | OtherExpendituresAmt |
| End Year Balance | $57,801,644 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.59000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.40000 | 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 | $965,624 | OtherCostOrOtherBasisAmt |
| Book Value | $965,624 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $76,192,898 | OtherCostOrOtherBasisAmt |
| Depreciation | $46,154,465 | DepreciationAmt |
| Book Value | $30,038,433 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,156,973 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,212,951 | DepreciationAmt |
| Book Value | $3,944,022 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,582,574 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,017,903 | DepreciationAmt |
| Book Value | $2,564,671 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $37,512,750 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RIGHT-OF-USE ASSETS - LEASES | $237,601 |
| BENEFICIAL INTEREST IN FOUNDATION | -$56,857 |
| SPLIT-INTEREST AGREEMENTS | $4,258,580 |
| ASSETS RESTRICTED FOR USE | $2,177,073 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $6,616,397 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| FUNDS HELD ON BEHALF OF OTHERS | $27,367 |
| LIABILITY UNDER SPLIT INTEREST AGREEMENTS | $2,024,603 |
| BONDS PREMIUMS AND DEFERRED FINANCING COSTS | $1,818,706 |
| U.S. GOVERNMENT LOAN FUNDS REFUNDABLE | $333,682 |
| LEASE LIABILITIES | $244,595 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,448,953 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | COLLECTION ITEMS IN THE HOUGHTON UNIVERSITY ART COLLECTION ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE AND ARE NOT CAPITALIZED AND ACCORDINGLY, CONTRIBUTION REVENUE IS NOT RECOGNIZED WHEN COLLECTION ITEMS ARE DONATED. ALL PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION OR DIRECT CARE OF THE COLLECTION. |
| PART V, LINE 4: | THE OBJECTIVE OF THE UNIVERSITY'S ENDOWMENT FUND IS TO SUPPORT UNIVERSITY PROGRAMS BY ACHIEVING THE BEST POSSIBLE RATE OF LONG-TERM INVESTMENT RETURN CONSISTENT WITH A REASONABLE LEVEL OF VOLATILITY (RISK), WITH THE INTENTION OF PRESERVING PRINCIPAL POWER AGAINST INFLATION. |
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 3 | THE UNIVERSITY PUBLICIZES ITS NONDISCRIMINATION POLICY IN SEVERAL DIFFERENT WAYS, INCLUDING APPLICATION FOR ADMISSION, UNIVERSITY CATALOG, WEBSITE (WWW.HOUGHTON.EDU) AND IN THE STUDENT GUIDE. UNIVERSITY MEDIA RECRUITMENT EFFORTS ARE PRIMARILY ELECTRONIC AND AS SUCH, POINT PROSPECTIVE STUDENTS TO THE UNIVERSITY WEB SITE WHERE THIS POLICY IS AVAILABLE. |
| SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY RECEIVES MULTIPLE FEDERAL AWARDS, PRIMARILY FROM THE DEPARTMENT OF EDUCATION. THIS INCLUDES GRANT AND LOANS FOR STUDENTS TO ASSIST WITH THE COST OF ATTENDANCE. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE | 0 | 7 | PROGRAM SERVICES | STUDY ABROAD | $311,063 |
| SUB-SAHARAN AFRICA | 0 | 1 | PROGRAM SERVICES | STUDY ABROAD | $2,966 |
| SOUTH AMERICA | 0 | 1 | PROGRAM SERVICES | STUDY ABROAD | $55,191 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 9 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Subtotal Spent | $369,220 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $369,220 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (6 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| ENDOWED GRANTS AND SCHOLARSHIPS | 662 | $1,831,625 |
| NEED BASED GRANTS AND SCHOLARSHIPS | 238 | $909,909 |
| MERIT BASED GRANTS AND SCHOLARSHIPS | 324 | $502,318 |
| SPECIAL CATEGORY GRANTS AND SCHOLARSHIPS | 136 | $120,445 |
| AGENCY GRANTS AND SCHOLARSHIPS | 21 | $127,289 |
| FEDERAL SEOG GRANTS | 36 | $41,604 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | A FILE IS CREATED FOR EACH GRANTEE. WE DETERMINE EACH STUDENT'S DEMONSTRATED FINANCIAL NEED BASED ON THEIR COST OF ATTENDANCE MINUS EXPECTED FAMILY CONTRIBUTION ACCORDING TO THE INSTITUTIONAL STUDENT INFORMATION RECORD FROM THE FEDERAL PROCESSOR. WE ATTEMPT TO MEET EACH STUDENT'S DEMONSTRATED NEED WITH A COMBINATION OF MERIT-BASED SCHOLARSHIPS, NEED-BASED GRANTS, FEDERAL WORK-STUDY, AND STUDENT LOANS. FINANCIAL AID MAY BE AWARDED FROM FEDERAL, STATE, INSTITUTIONAL, AND PRIVATE SOURCES. WE MONITOR AND MAINTAIN COMPLIANCE WITH ALL FEDERAL, STATE, AND INSTITUTIONAL FINANCIAL AID POLICIES AND PROCEDURES. IN ADDITION, THE UNIVERSITY MONITORS AND MAINTAINS SEPARATE FUND ACCOUNTS FOR EACH AWARD CATEGORY AND PROVIDES THE NECESSARY REPORTS TO THE FEDERAL AND STATE AGENCIES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| 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 |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR WAYNE D LEWIS JR | ||||||||||||||
| PRESIDENT | $264,960 | $0 | $0 | $0 | $0 | $0 | $7,949 | $0 | $10,793 | $0 | $283,702 | $0 | $0 | $0 |
| DAVID DAVIES | ||||||||||||||
| PROVOST AND DEAN OF FACULTY | $137,846 | $0 | $0 | $0 | $0 | $0 | $4,135 | $0 | $8,711 | $0 | $150,692 | $0 | $0 | $0 |
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 | ALLEGANY COUNTY CAPITAL RESOURCE CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 454707001 | BondIssuerEIN |
| CUSIP | 017095AH3 | CUSIPNum |
| Bond Issued | 2022-03-16 | BondIssuedDt |
| Issue Price | $24,817,813 | IssuePriceAmt |
| Purpose | REFINANCE DEBT AND HVAC REPLACEMENT | 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 | $305,000 | RetiredAmt |
| Total Proceeds | $24,949,895 | TotalProceedsAmt |
| In Reserve Fund | $1,476,962 | InReserveFundAmt |
| Issuance Costs From Proceeds | $527,447 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $2,876,291 | CapitalExpendituresAmt |
| Other Spent Proceeds | $20,069,195 | OtherSpentProceedsAmt |
| Substantial Completion | 2023 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | 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 | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | 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 | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| 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 (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 3: | PART II, LINE 3 DOES NOT EQUAL PART 1, LINE A(E) DUE TO INVESTMENT EARNINGS. |
| PART IV, LINE 2C: | DATE OF REBATE CALCULATION - 3/15/2024 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1513 | ContributionCnt |
| Noncash Contributions Rpt F990 | $111,556 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | HORSE | 4 | $162,500 | FMV |
| Yes (X) | EQUESTRIAN EQUIPMENT | 2 | $1,688 | FMV |
| 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 | SCHEDULE M, PART I, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | THE AMOUNTS REPORTED IN PART I, COLUMN (B) REPRESENT THE NUMBER OF ITEMS RECEIVED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS PROVIDED IN DRAFT FORMAT TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. UPON APPROVAL BY THE AUDIT COMMITTEE, IT IS SUBMITTED TO THE BOARD OF TRUSTEES WITH A PERIOD FOR PROVIDING COMMENTS, EDITS, AND CORRECTIONS PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR THE MEMBERS OF THE BOARD OF TRUSTEES AND SENIOR ADMINISTRATORS COMPLETE AND SIGN A FORM DISCLOSING ANY CONFLICT OF INTEREST. IF THERE IS A CONFLICT OF INTEREST ON A MATTER UNDER CONSIDERATION AT A BOARD MEETING, THE TRUSTEE IS NOT ALLOWED TO VOTE ON THE MATTER. THE MINUTES OF THE MEETING WILL DOCUMENT THAT THE TRUSTEE HAVING THE CONFLICT OF INTEREST ABSTAINED FROM VOTING. FOR PERIODS IN WHICH THERE ARE NO CIRCUMSTANCES THAT CONSTITUTE A CONFLICT OF INTEREST THE MINUTES WILL STATE AS SUCH. |
| FORM 990, PART VI, SECTION B, LINE 15 | FOR THE DETERMINATION OF COMPENSATION OF THE UNIVERSITY'S PRESIDENT, ALL MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD AS WELL AS THE FULL BOARD (EXCEPT THE PRESIDENT, WHO WOULD NOT BE PRESENT AT THESE DELIBERATIONS) WOULD BE INDEPENDENT TRUSTEES, I.E. THEY ARE NOT EMPLOYEES OF THE UNIVERSITY, NOR MARRIED TO EMPLOYEES, AND NONE OF THEM HAVE BUSINESS RELATIONSHIPS WITH THE UNIVERSITY THAT AFFECTS THEIR INDEPENDENCE. THE PROCESS IS AS FOLLOWS IF THE PRESIDENT RECEIVES A COMPENSATION INCREASE OTHER THAN A GENERAL ACROSS THE BOARD COLA INCREASE THAT IS APPROVED BY THE BOARD OF TRUSTEES FOR ALL EMPLOYEES: 1. COMPARATIVE EXECUTIVE COMPENSATION DATA IS GATHERED FROM SEVERAL SOURCES: GUIDESTAR, COUNCIL OF CHRISTIAN COLLEGES AND UNIVERSITIES (CCCU), BENTZ, WHALEY, FLESSNER (CONSULTING FIRM) AND NEW YORK STATE PRIVATE COLLEGES. 2. THE BOARD EXECUTIVE COMMITTEE (EXCLUDING THE PRESIDENT) REVIEWS THE COMPARATIVE COMPENSATION DATA AND MAKES A CONTRACT RECOMMENDATION TO THE FULL BOARD. 3. THE FULL BOARD MEETS IN EXECUTIVE SESSION (EXCLUDING THE PRESIDENT) TO DISCUSS THE RECOMMENDED CONTRACT AND VOTES ON THE FINAL CONTRACT, WHICH INCLUDES STATED COMPENSATION. DOCUMENTATION OF FULL BOARD APPROVAL OF THE RECOMMENDATION APPEARS IN THE BOARD MINUTES. FOR DETERMINATION OF COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES, COMPARISON SALARY DATA IS PROVIDED DIRECTLY TO THE PRESIDENT BY THE HUMAN RESOURCES OFFICE. THE PRESIDENT THEN AUTHORIZES A CERTAIN SALARY BASED ON BOTH EXTERNAL COMPARISON AND INTERNAL COMPARISON WITH OTHER VICE PRESIDENTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 197,026. CHANGE IN BENEFICIAL INTEREST IN FOUNDATION -23,214. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WILLARD J HOUGHTON FOUNDATION | |||||||||||
| 1 WILLARD AVE | HOUGHTON | NY | 14744 | 222325519 | SUPPORT OF COMMUNITY | NY | 501(C)(3) | LINE 12A, I | HOUGHTON UNIVERSITY | Yes (1) | |
| THE WESLEYAN INVESTMENT FUND INC | |||||||||||
| 13300 OLIO RD PO BOX 7250 | FISHERS | IN | 46037 | 351775757 | CHURCH LENDING INSITITUTION | IN | 501(C)(3) | LINE 1 | THE WESLEYAN CHURCH CORPORATION | 0 | |
| THE WESLEYAN CHURCH CORPORATION | |||||||||||
| 13300 OLIO RD | FISHERS | IN | 46037 | 351148762 | CHURCH | IN | 501(C)(3) | LINE 1 | 0 | N/A | |
| 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 | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | 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 | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| WILLARD J HOUGHTON FOUNDATION | ||
| D | $600,000 | OUTSTANDING LOAN PRINCIPAL |
| WESLEYAN CHURCH COPRORATION | ||
| C | $1,406,700 | FAIR MARKET VALUE |