DEAN COLLEGE: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- DEAN COLLEGE (EIN 04-2104149)
- Tax period
- 2022-06-01 to 2023-05-31
- Filed
- 2024-04-12
- IRS object ID
- 202441039349300544
- Schema version
- 2022v5.0
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-12T11:56:17-05:00 | ReturnTs |
| Tax Period End | 2023-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 263753134 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ MHM LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 BOYLSTON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042104149 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEAN COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DEAN | BusinessNameControlTxt |
| Phone | 5085411615 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 MAIN STREET | AddressLine1Txt |
| City | FRANKLIN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02038 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS PISTORINO | PersonNm |
| Person Title | CFO & TREASURER | PersonTitleTxt |
| Phone | 5085411615 | PhoneNum |
| Signature | 2024-04-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | THOMAS | PersonFirstNm |
| Person Last | PISTORINO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| 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 | BRENDA L BOOTH | PreparerPersonNm |
| PTIN | P01342395 | PTIN |
| Phone | 6177610600 | PhoneNum |
| Preparation | 2024-04-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KENNETH ELMORE JD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 MAIN STREET | AddressLine1Txt |
| City | FRANKLIN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02038 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $78,157,920 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.DEAN.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1865 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | DEAN COLLEGE IS A PRIVATE, RESIDENTIAL NEW ENGLAND COLLEGE GROUNDED IN A CULTURE AND TRADITION THAT ALL STUDENTS DESERVE THE OPPORTUNITY TO DISCOVER AND EXCEED THEIR GREATEST ASPIRATIONS. A PERSONAL AND TRANSFORMATIVE COMMUNITY SINCE 1865, DEAN TIRELESSLY INSPIRES OUR STUDENTS TO UNIMAGINED HEIGHTS THROUGH PERSONALIZED SUPPORT AND INTEGRATED DELIVERY OF ACADEMIC, CO-CURRICULAR AND EXPERIENTIAL LEARNING. OUR GRADUATES ARE LIFELONG LEARNERS WHO THRIVE IN THEIR CAREERS, EMBRACE SOCIAL RESPONSIBILITY AND DEMONSTRATE LEADERSHIP. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 686 | TotalEmployeeCnt |
| Total Volunteers | 150 | TotalVolunteersCnt |
| Total Gross UBI | $43,814 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $30,221 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,528,594 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,016,398 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $66,481,157 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $67,726,773 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,401,649 | PYInvestmentIncomeAmt |
| CY Investment Income | $688,983 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,913 | PYOtherRevenueAmt |
| CY Other Revenue | $9,551 | CYOtherRevenueAmt |
| PY Total Revenue | $77,417,313 | PYTotalRevenueAmt |
| CY Total Revenue | $71,441,705 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $30,297,296 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $30,242,319 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $21,414,724 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $21,442,367 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $918,471 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $25,744,561 | PYOtherExpensesAmt |
| CY Other Expenses | $24,280,415 | CYOtherExpensesAmt |
| PY Total Expenses | $77,456,581 | PYTotalExpensesAmt |
| CY Total Expenses | $75,965,101 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$39,268 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$4,523,396 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $117,492,231 | TotalAssetsBOYAmt |
| Total Assets EOY | $113,932,349 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $49,645,117 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $48,890,190 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $67,847,114 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $65,042,159 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | DEAN COLLEGE IS A PRIVATE, RESIDENTIAL NEW ENGLAND COLLEGE GROUNDED IN A CULTURE AND TRADITION THAT ALL STUDENTS DESERVE THE OPPORTUNITY TO DISCOVER AND EXCEED THEIR GREATEST ASPIRATIONS. A PERSONAL AND TRANSFORMATIVE COMMUNITY SINCE 1865, DEAN TIRELESSLY INSPIRES OUR STUDENTS TO UNIMAGINED HEIGHTS THROUGH PERSONALIZED SUPPORT AND INTEGRATED DELIVERY OF ACADEMIC, CO-CURRICULAR AND EXPERIENTIAL LEARNING. OUR GRADUATES ARE LIFELONG LEARNERS WHO THRIVE IN THEIR CAREERS, EMBRACE SOCIAL RESPONSIBILITY AND DEMONSTRATE LEADERSHIP. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $32,492,016 | ExpenseAmt |
| Grant | $21,876,553 | GrantAmt |
| Revenue | $49,272,665 | RevenueAmt |
| Desc | INSTRUCTION: THE COLLEGE HAD FULL TIME ENROLLMENT OF 1,111 AND PART-TIME ENROLLMENT OF 73. THE STUDENTS ARE FROM ALL OVER THE UNITED STATES AND NUMEROUS FOREIGN COUNTRIES. THE COLLEGE OFFERS 18 ASSOCIATE AND 18 BACHELOR DEGREES | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,473,308 | ExpenseAmt |
| Desc | STUDENT SERVICES: THE COLLEGE PROVIDES THE STUDENTS WITH AN ADVISING CENTER STAFFED BY FULL TIME ADVISORS, A ONE-STOP SHOP CENTER THAT PROVIDES REGISTRATION, BILLING AND FINANCIAL AID, AN ACTIVE CAMPUS LIFE DEPARTMENT AND AN ATHLETIC PROGRAM. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $18,844,458 | ExpenseAmt |
| Grant | $8,365,766 | GrantAmt |
| Revenue | $17,825,970 | RevenueAmt |
| Desc | AUXILIARY SERVICES: THE COLLEGE HAS 13 RESIDENTIAL FACILITIES RANGING FROM TRADITIONAL DORMITORIES, SMALL HOUSES AND APARTMENTS. THE COLLEGE ALSO OFFERS A FULL SERVICE DINING HALL FOR THE STUDENTS. APPROXIMATELY 90% OF THE STUDENTS RESIDE ON CAMPUS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,340,765 | ExpenseAmt |
| Revenue | $628,138 | RevenueAmt |
| Desc | ACADEMIC SUPPORT: THE COLLEGE OFFERS SEVERAL ACADEMIC SUPPORT PROGRAMS INCLUDING STRUCTURED SEMESTER PROGRAMS AS WELL INDIVIDUALIZED TUTORING PROGRAMS. THE STUDENTS ALSO HAVE ACCESS TO A FULL SERVICE LIBRARY LEARNING CENTER AND ACADEMIC COMPUTING. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $4,340,765 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $628,138 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $69,150,547 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | 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 | Yes (1) | 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 | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | 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 | Yes (1) | 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 | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1721 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 686 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | 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 | 0 | 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 | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHLEEN MCGUIRE | PersonNm |
| Phone | 5085411615 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 MAIN STREET | AddressLine1Txt |
| City | FRANKLIN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02038 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| MARK BOYCE | ||||||||
| CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ANDRES FERNANDEZ | ||||||||
| VICE CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JEFFREY P COHEN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT COLWELL | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL COSTA | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DONNA CUSSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RUTH DUGAN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER HENNESSEY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER HEXTER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID HOFFSIS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAN KOKES | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN LINCOLN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DENNIS MAGUIRE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GREGORY O'BRIEN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARTIN PARQUETTE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| THERESA ROBBINS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHELLE DROLET | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL LAMBERT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD SULLIVAN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LISA FREUDENHEIM | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC LEE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| M RODNEY ROBINSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MELISSA SMITH | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT WILLIAMS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM GREEN | ||||||||
| TRUSTEE (UNTIL 10/1/22) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| EDWARD AUGUSTUS | ||||||||
| CHANCELLOR | 55.00 | Yes (X) | $260,500 | $0 | $5,146 | |||
| KATHLEEN MCGUIRE | ||||||||
| VP & TREASURER | 50.00 | Yes (X) | $196,597 | $0 | $36,389 | |||
| KENNETH ELMORE JD | ||||||||
| PRESIDENT | 55.00 | Yes (X) | $254,713 | $0 | $43,558 | |||
| COLEEN RESNICK | ||||||||
| VICE PRESIDENT | 50.00 | $192,556 | $0 | $46,174 | Yes (X) | |||
| DARRELL KULESZA | ||||||||
| VICE PRESIDENT | 50.00 | $184,329 | $0 | $38,123 | Yes (X) | |||
| GREGORY CHALK | ||||||||
| VICE PRESIDENT | 50.00 | $174,367 | $0 | $40,507 | Yes (X) | |||
| SANDRA CAIN | ||||||||
| VICE PRESIDENT | 50.00 | $243,187 | $0 | $23,309 | Yes (X) | |||
| ALESSANDRA GORDON | ||||||||
| ASSISTANT VICE PRESIDENT | 50.00 | $153,595 | $0 | $10,357 | Yes (X) | |||
| DR PAULA M ROONEY | ||||||||
| FORMER PRESIDENT (AS OF 5/31/22) | 55.00 | $1,220,355 | $0 | $145,575 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,880,199 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $389,138 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 24 | 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 |
|---|---|---|---|---|---|
| SODEXO INC & AFFILIATES | |||||
| 9801 WASHINGTON BLVD | GAITHERSBURG | MD | 20878 | FOOD SERVICE | $3,278,967 |
| TEAMOPS LLC | |||||
| ONE PATRIOT PLACE | FOXBOROUGH | MA | 02035 | SECURITY | $1,357,139 |
| HARVARD MAINTENANCE LLC | |||||
| PO BOX 95000-1112 | PHILADELPHIA | PA | 19195 | CLEANING SERVICES | $1,212,057 |
| BRIGHTVIEW LANDSCAPES LLC | |||||
| 401 PLYMOUTH RD SUITE 500 | PLYMOUTH MEETING | PA | 19462 | LANDSCAPING | $995,735 |
| INHOUSE PHYSICIANS | |||||
| 1560 WALL STREET SUITE 335 | NAPERVILLE | IL | 60563 | TESTING SERVICES | $574,207 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 26 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $68,623 | FundraisingAmt |
| Government Grants | $2,305,887 | GovernmentGrantsAmt |
| All Other Contributions | $641,888 | AllOtherContributionsAmt |
| Noncash Contributions | $77,940 | NoncashContributionsAmt |
| Total Contributions | $3,016,398 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 900099 | $49,272,665 | $49,272,665 |
| AUXILIARY REVENUE | 900099 | $17,825,970 | $17,825,970 |
| EDUCATIONAL ACTIVITIES | 900099 | $628,138 | $628,138 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $67,726,773 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $771,767 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $42,163 | UnrelatedBusinessRevenueAmt |
| Exclusion | $729,604 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,052 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,401 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,651 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,651 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,651 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,604,687 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,687,471 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$82,784 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$82,784 | TotalRevenueColumnAmt |
| Exclusion | -$82,784 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $31,243 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $68,623 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $23,343 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,900 | TotalRevenueColumnAmt |
| Exclusion | $7,900 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $71,441,705 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $67,726,773 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $43,814 | UnrelatedBusinessRevenueAmt |
| Exclusion | $654,720 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,060,469 | TotalAmt |
| Program Services | $30,060,469 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,850 | TotalAmt |
| Program Services | $181,850 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,212,173 | TotalAmt |
| Program Services | $280,059 | ProgramServicesAmt |
| Management And General | $911,031 | ManagementAndGeneralAmt |
| Fundraising | $21,083 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,700,999 | TotalAmt |
| Program Services | $14,315,141 | ProgramServicesAmt |
| Management And General | $1,976,661 | ManagementAndGeneralAmt |
| Fundraising | $409,197 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $775,786 | TotalAmt |
| Program Services | $623,279 | ProgramServicesAmt |
| Management And General | $132,846 | ManagementAndGeneralAmt |
| Fundraising | $19,661 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,567,361 | TotalAmt |
| Program Services | $1,253,591 | ProgramServicesAmt |
| Management And General | $274,590 | ManagementAndGeneralAmt |
| Fundraising | $39,180 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,186,048 | TotalAmt |
| Program Services | $976,068 | ProgramServicesAmt |
| Management And General | $180,056 | ManagementAndGeneralAmt |
| Fundraising | $29,924 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,357 | TotalAmt |
| Management And General | $123,357 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,860 | TotalAmt |
| Management And General | $118,860 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,353,679 | TotalAmt |
| Program Services | $1,921,230 | ProgramServicesAmt |
| Management And General | $286,851 | ManagementAndGeneralAmt |
| Fundraising | $145,598 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,831,340 | TotalAmt |
| Program Services | $1,644,341 | ProgramServicesAmt |
| Management And General | $186,999 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,242,078 | TotalAmt |
| Program Services | $940,058 | ProgramServicesAmt |
| Management And General | $247,956 | ManagementAndGeneralAmt |
| Fundraising | $54,064 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,994,545 | TotalAmt |
| Program Services | $1,765,161 | ProgramServicesAmt |
| Management And General | $172,653 | ManagementAndGeneralAmt |
| Fundraising | $56,731 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,113,371 | TotalAmt |
| Program Services | $4,825,854 | ProgramServicesAmt |
| Management And General | $252,173 | ManagementAndGeneralAmt |
| Fundraising | $35,344 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $269,916 | TotalAmt |
| Program Services | $239,148 | ProgramServicesAmt |
| Management And General | $27,373 | ManagementAndGeneralAmt |
| Fundraising | $3,395 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,827,974 | TotalAmt |
| Program Services | $1,726,233 | ProgramServicesAmt |
| Management And General | $101,741 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,144,271 | TotalAmt |
| Program Services | $3,846,531 | ProgramServicesAmt |
| Management And General | $242,739 | ManagementAndGeneralAmt |
| Fundraising | $55,001 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $647,000 | TotalAmt |
| Program Services | $217,010 | ProgramServicesAmt |
| Management And General | $423,560 | ManagementAndGeneralAmt |
| Fundraising | $6,430 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| FOOD SERVICE | $3,023,912 | $3,023,912 |
| STUDENT ACTIVITIES | $792,682 | $792,682 |
| EQUIPMENT RENTAL/MAINT. | $37,742 | $37,742 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $759,688 | TotalAmt |
| Program Services | $480,188 | ProgramServicesAmt |
| Management And General | $236,637 | ManagementAndGeneralAmt |
| Fundraising | $42,863 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,965,101 | TotalAmt |
| Program Services | $69,150,547 | ProgramServicesAmt |
| Management And General | $5,896,083 | ManagementAndGeneralAmt |
| Fundraising | $918,471 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $488,339 | BOYAmt |
| EOY | $709,047 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $675,502 | BOYAmt |
| EOY | $540,822 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $330,524 | BOYAmt |
| EOY | $17,025 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,824,417 | BOYAmt |
| EOY | $863,808 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $262,289 | BOYAmt |
| EOY | $227,064 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $627,909 | BOYAmt |
| EOY | $1,191,834 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $115,168,953 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $69,751,030 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,353,850 | BOYAmt |
| EOY | $45,417,923 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,405,054 | BOYAmt |
| EOY | $47,226,220 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,637,059 | BOYAmt |
| EOY | $15,254,191 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $887,288 | BOYAmt |
| EOY | $2,484,415 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,492,231 | BOYAmt |
| EOY | $113,932,349 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,346,297 | BOYAmt |
| EOY | $4,231,066 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,292,513 | BOYAmt |
| EOY | $1,050,504 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,438,779 | BOYAmt |
| EOY | $35,040,626 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,500,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,567,528 | BOYAmt |
| EOY | $6,067,994 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,645,117 | BOYAmt |
| EOY | $48,890,190 | 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 | $49,396,121 | BOYAmt |
| EOY | $47,572,336 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,450,993 | BOYAmt |
| EOY | $17,469,823 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,847,114 | BOYAmt |
| EOY | $65,042,159 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,492,231 | BOYAmt |
| EOY | $113,932,349 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$4,523,396 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $187,473 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,530,968 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,511,597 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,778,035 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,745,981 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,528,594 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,016,398 | CurrentTaxYearAmt |
| Total | $26,580,605 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,511,597 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,778,035 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,745,981 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,528,594 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,016,398 | CurrentTaxYearAmt |
| Total | $26,580,605 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,495,483 | SubstantialContributorsTotAmt |
| Public Support Total170 | $24,085,122 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $901,676 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $986,238 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $659,782 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $598,437 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $729,604 | CurrentTaxYearAmt |
| Total | $3,875,737 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $1,881 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $64,179 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $43,814 | CurrentTaxYearAmt |
| Total | $109,874 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $30,566,216 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $315,700,371 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.78800 | PublicSupportCY170Pct |
| Public Support PY170 | 0.78350 | 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 | FORM 990, SCHEDULE A, PART 1, LINE 7: | FormAndLineReferenceDesc |
| Explanation | THE BASIS OF DEAN COLLEGE'S PUBLIC CHARITY STATUS HAS BEEN AND CONTINUES TO BE ITS QUALIFICATION AS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II). THE ORGANIZATION HAS CHECKED BOX 7 ON SCHEDULE A, PART I AND COMPLETED SCHEDULE A, PART II IN ORDER TO DEMONSTRATE ITS QUALIFICATION TO FOLLOW THE SPECIAL RULE FOR ABBREVIATED REPORTING OF CONTRIBUTIONS ON FORM 990, SCHEDULE B. | 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 C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $75,046,630 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $75,046,630 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $64,555,302 | BeginningYearBalanceAmt |
| Contributions | $104,312 | ContributionsAmt |
| Investment Earnings Or Losses | $875,513 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,661,980 | GrantsOrScholarshipsAmt |
| End Year Balance | $62,873,147 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $62,005,198 | BeginningYearBalanceAmt |
| Contributions | $5,423,323 | ContributionsAmt |
| Investment Earnings Or Losses | -$501,419 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,371,800 | GrantsOrScholarshipsAmt |
| End Year Balance | $64,555,302 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $47,013,682 | BeginningYearBalanceAmt |
| Contributions | $4,134,577 | ContributionsAmt |
| Investment Earnings Or Losses | $13,078,575 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,221,636 | GrantsOrScholarshipsAmt |
| End Year Balance | $62,005,198 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $46,504,090 | BeginningYearBalanceAmt |
| Contributions | $145,630 | ContributionsAmt |
| Investment Earnings Or Losses | $2,437,658 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,073,696 | GrantsOrScholarshipsAmt |
| End Year Balance | $47,013,682 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $45,089,504 | BeginningYearBalanceAmt |
| Contributions | $1,987,285 | ContributionsAmt |
| Investment Earnings Or Losses | $1,375,106 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,947,805 | GrantsOrScholarshipsAmt |
| End Year Balance | $46,504,090 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.74200 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.25800 | PrmnntEndowmentBalanceEOYPct |
| 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 | $1,184,820 | OtherCostOrOtherBasisAmt |
| Book Value | $1,184,820 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $87,935,507 | OtherCostOrOtherBasisAmt |
| Depreciation | $52,417,979 | DepreciationAmt |
| Book Value | $35,517,528 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,287,147 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,314,312 | DepreciationAmt |
| Book Value | $4,972,835 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,761,479 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,018,739 | DepreciationAmt |
| Book Value | $3,742,740 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $45,417,923 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER FUNDS | Desc |
| Book Value | $15,254,191 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $15,254,191 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE ADVANCES | $141,294 |
| OBLIGATIONS UNDER INTEREST RATE SWAP CONTRACTS | $988,315 |
| OBLIGATIONS UNDER CAPITAL LEASE | $3,308,043 |
| OPERATING LEASE LIABILITY | $1,630,342 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,067,994 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $42,946,571 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $187,473 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,559,712 | OtherRevenueAmt |
| Revenue Not Reported | $1,747,185 | RevenueNotReportedAmt |
| Revenue Subtotal | $41,199,386 | RevenueSubtotalAmt |
| Other Revenues Not Included | $30,242,319 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $30,242,319 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $71,441,705 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $45,751,526 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $28,744 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $28,744 | ExpensesNotReportedAmt |
| Expenses Subtotal | $45,722,782 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $30,242,319 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $30,242,319 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $75,965,101 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE COLLEGE'S ENDOWMENT IS USED FOR GENERAL SUPPORT, SCHOLARSHIPS, AND ACADEMIC SUPPORT. |
| PART X, LINE 2: | THE COLLEGE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE COLLEGE HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AND ITS DETERMINATION OF WHICH REVENUES ARE RELATED OR UNRELATED TO BE ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE COLLEGE HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN UNCERTAINTIES REQUIRING RECOGNITION. THE COLLEGE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. THE COLLEGE'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | GAIN ON INTEREST RATE SWAP CONTRACT 1,530,968. GOLF OUTING EXPENSE 23,343. RENTAL EXPENSE 5,401. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID 30,242,319. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | GOLF OUTING EXPENSE 23,343. RENTAL EXPENSE 5,401. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID 30,242,319. |
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 | DEAN COLLEGE FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY IN ALL ASPECTS OF RECRUITING, ADMISSION AND FINANCIAL AID AWARDING. THE NOTICE OF NON-DISCRIMINATION IS PUBLISHED IN ALL BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. DEAN COLLEGE CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM A LARGE GEOGRAPHIC SECTION OF THE UNITED STATES AND, AS NOTED, FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. THE COLLEGE DEMONSTRATES THAT IT FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS BY ENROLLING STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. |
| SCHEDULE E, PART I, LINE 6 | FINANCIAL ASSISTANCE IS IN THE FORM OF STUDENT AID SUCH AS SEOG, WORKSTUDY AND PELL. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | GRANTMAKING | $179,350 |
| RUSSIA AND NEIGHBORING STATES | 0 | 0 | GRANTMAKING | $2,500 |
| 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 | $181,850 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $181,850 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|
| SCHOLARSHIP | EUROPE (INCLUDING ICELAND & GREENLAND) | 12 | $179,350 | CREDIT TO STUDENT ACCOUNT | FMV |
| SCHOLARSHIP | RUSSIA AND NEIGHBORING STATES | 1 | $2,500 | CREDIT TO STUDENT ACCOUNT | FMV |
| 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 | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, COL (C): | SCHOLARSHIPS ARE AWARDED BY THE COLLEGE'S FINANCIAL AID DEPARTMENT AND APPLIED AS CREDITS TO THE STUDENT'S BALANCES BY THE COLLEGE'S BURSAR'S OFFICE. |
| PART III ACCOUNTING METHOD: |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF OUTING | Event1Nm |
| Gross Receipts Event1 | $99,866 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $68,623 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $31,243 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $23,343 | RentFacilityCostsEvent1Amt |
| Gross Receipts Total | $99,866 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $68,623 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $31,243 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $23,343 | RentFcltyCostsTotalEventsAmt |
| Direct Expense Summary Events | $23,343 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $7,900 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 1119 | RecipientCnt |
| Non Cash Assistance | $30,060,469 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | CREDIT TO STUDENT ACCOUNTS | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS ARE GENERALLY APPLIED TO STUDENT ACCOUNT BALANCES THROUGH THE COLLEGE'S BURSAR'S OFFICE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| 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 |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 | Yes (1) | InitialContractExceptionInd |
| Rebuttable Presumption Proc | Yes (1) | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 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 PAULA M ROONEY | ||||||||||||||
| FORMER PRESIDENT (AS OF 5/31/22) | $188,442 | $0 | $0 | $0 | $1,031,913 | $0 | $135,575 | $0 | $10,000 | $0 | $1,365,930 | $0 | $174,138 | $0 |
| KENNETH ELMORE JD | ||||||||||||||
| PRESIDENT | $239,348 | $0 | $0 | $0 | $15,365 | $0 | $0 | $0 | $43,558 | $0 | $298,271 | $0 | $0 | $0 |
| SANDRA CAIN | ||||||||||||||
| VICE PRESIDENT | $184,861 | $0 | $55,000 | $0 | $3,326 | $0 | $13,646 | $0 | $9,663 | $0 | $266,496 | $0 | $0 | $0 |
| EDWARD AUGUSTUS | ||||||||||||||
| CHANCELLOR | $257,865 | $0 | $0 | $0 | $2,635 | $0 | $0 | $0 | $5,146 | $0 | $265,646 | $0 | $0 | $0 |
| COLEEN RESNICK | ||||||||||||||
| VICE PRESIDENT | $191,089 | $0 | $0 | $0 | $1,467 | $0 | $16,283 | $0 | $29,891 | $0 | $238,730 | $0 | $0 | $0 |
| KATHLEEN MCGUIRE | ||||||||||||||
| VP & TREASURER | $192,269 | $0 | $0 | $0 | $4,328 | $0 | $16,027 | $0 | $20,362 | $0 | $232,986 | $0 | $0 | $0 |
| DARRELL KULESZA | ||||||||||||||
| VICE PRESIDENT | $180,260 | $0 | $0 | $0 | $4,069 | $0 | $11,408 | $0 | $26,715 | $0 | $222,452 | $0 | $0 | $0 |
| GREGORY CHALK | ||||||||||||||
| VICE PRESIDENT | $155,168 | $0 | $0 | $0 | $19,199 | $0 | $13,203 | $0 | $27,304 | $0 | $214,874 | $0 | $0 | $0 |
| ALESSANDRA GORDON | ||||||||||||||
| ASSISTANT VICE PRESIDENT | $141,095 | $0 | $0 | $0 | $12,500 | $0 | $0 | $0 | $10,357 | $0 | $163,952 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE COLLEGE PROVIDED CERTAIN REIMBURSEMENTS TO THE PRESIDENT THAT WERE GROSSED UP FOR TAX PURPOSES. THE PAYMENTS WERE TREATED AS TAXABLE COMPENSATION AND INCLUDED ONTO SCHEDULE J PART II COLUMN B(III). HOUSING IS PROVIDED AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE COLLEGE. THE BENEFIT IS NOT TAXABLE TO THE RECIPIENT. |
| PART I, LINES 4A-B | THE PRESIDENT RECIEVED A SEPARATION PAYMENT OF $854,500 IN CALENDAR 2022. THIS AMOUNT IS INCLUDED ON SCHEDULE J, PART II, COLUMN (B)(III). THE COLLEGE HAS ESTABLISHED TWO NONQUALIFIED DEFERRED COMPENSATION PLANS FOR THE BENEFIT OF DR. PAULA M. ROONEY. THE COLLEGE CONTRIBUTED $120,500 TO THE PLANS IN CALENDAR 2022. THIS AMOUNT IS INCLUDED ON SCHEDULE J, PART II, COLUMN (C). |
| PART I, LINE 8 | THE PRESIDENT WAS GIVE A THREE YEAR CONTRACT WHICH INCLUDED THE STANDARD COLLEGE BENEFITS AS WELL AS HOUSING AND AN ANNUAL CONTRIBUTION TO A NONQUALIFIED DEFERRED COMPENSATION PLAN. |
| PART I, LINE 7 | A VICE PRESIDENT RECEIVED ADDITIONAL COMPENSATION BASED ON PERFORMANCE FOR THE PAST YEAR, AS REPORTED ON SCHEDULE J COLUMN B (II). THE AMOUNT WAS DETERMINED BY THE PRESIDENT AND COMPENSATION COMMITTEE. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MASS DEVELOPMENT FINANCE AGENCY | ||||||||
| A | 043431814 | 57583RYB5 | 2008-06-11 | $28,400,000 | REFUND 1999 BONDS AND CONSTRUCT A BUILDING ADDITION | 0 | 0 | 0 |
| MASS DEVELOPMENT FINANCE AGENCY | ||||||||
| B | 043431814 | NONEAVAIL | 2011-10-26 | $14,400,000 | CONSTRUCTION OF A RESIDENTIAL HALL | 0 | 0 | 0 |
| MASS DEVELOPMENT FINANCE AGENCY | ||||||||
| C | 043431814 | NONEAVAIL | 2015-09-03 | $4,500,000 | PURCHASE OF CONDOMIUM FOR STUDENT HOUSING | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $28,400,000 | $230,497 | $31,883 | $20,114,472 | $8,023,148 | 2011 | Yes (1) | 0 | Yes (1) | Yes (1) |
| B | $14,400,000 | $146,560 | $14,253,440 | 2013 | 0 | 0 | Yes (1) | Yes (1) | ||
| C | $4,500,000 | $76,500 | $4,423,500 | 2015 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00210 | 0.00210 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.01400 | 0.01400 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Business Name Line2GICProviderName/BusinessNameLine2Txt | Term Of GICTermOfGICPct | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Business Name Line2HedgeProviderName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CITIZENS BANK | |||||||||||||||||
| A | 0 | 0 | Yes (1) | 0 | Yes (1) | Yes (1) | 19.000000000000 | 0 | 0 | Yes (1) | GE FUNDING CAPITAL | MARKET SERVICES | 2.000000000000 | Yes (1) | 0 | Yes (1) | |
| RBS CITIZENS | |||||||||||||||||
| B | 0 | 0 | Yes (1) | 0 | Yes (1) | Yes (1) | 12.000000000000 | 0 | 0 | 0 | 0 | Yes (1) | NATIONAL | ||||
| CITIZENS BANK | |||||||||||||||||
| C | 0 | 0 | Yes (1) | 0 | Yes (1) | Yes (1) | 9.000000000000 | 0 | 0 | 0 | 0 | Yes (1) | |||||
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHELLE DROLET | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | COMPANY IS OWNED BY A TRUSTEE | RelationshipDescriptionTxt |
| Transaction | $167,000 | TransactionAmt |
| Transaction | MICHELLE DROLET A TRUSTEE OWNS TOWERWALL A COMPANY THE COLLEGE USED FOR CYBERSECURITY SERVICE AND SOFTWARE. THE TOTAL AMOUNT PAID TO TOWERWALL WAS $167,000. | TransactionDesc |
| Sharing Of Revenues | Yes (1) | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $21,192 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV ON DATE OF GIFT | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | MISCELLANEOUS | Desc |
| Contribution | 58 | ContributionCnt |
| Noncash Contributions Rpt F990 | $56,748 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV ON DATE OF GIFT | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| 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, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER ON SCHEDULE M, PART I, COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED, NOT THE NUMBER OF CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990, WITH THE EXCEPTION OF SCHEDULE B, WAS REVIEWED IN DETAIL WITH THE AUDIT COMMITTEE. PRIOR TO SUBMISSION, THE SAME VERSION WAS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY VIA THE TRUSTEE'S PASSWORD-PROTECTED WEB PORTAL. MEMBERS WERE ADVISED VIA E-MAIL THAT THE FORM 990 WAS AVAILABLE FOR THEIR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED ANNUALLY BY ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES. COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE. IN THE EVENT OF A CONFLICT OF INTEREST, THE CONFLICTED INDIVIDUAL IS PROHIBITED FROM VOTES OR DECISIONS RELATING TO THE TRANSACTIONS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE OF BOARD OF TRUSTEES REVIEWS YEARLY ACCOMPLISHMENTS OF THE COLLEGE UNDER LEADERSHIP OF THE PRESIDENT AS WELL AS RELEVANT SALARY INFORMATION, INCLUDING SALARY SURVEYS. THE COMPENSATION IS PRESENTED TO THE CHAIRMAN OF THE BOARD FOR APPROVAL. A REVIEW BY AN INDEPENDENT COMPENSATION CONSULTANT IS PERFORMED PERIODICALLY. THE PRESIDENT'S SALARY IS APPROVED BY INDEPENDENT PERSONS AND DOCUMENT CONTEMPORANEOUSLY. AN OUTSIDE FIRM WAS HIRED TO PERFORM A COMPENSATION STUDY WHICH WAS USED TO DETERMINE THE SALARY OF THE NEW PRESIDENT. THE STUDY WAS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPENSATION OF THE KEY EMPLOYEES OF THE COLLEGE IS REVIEWED INTERNALLY AND ANNUALLY UTIILIZING A PEER INSTITUTION LIST OF COMPARABLE COLLEGES AND USING A SUBCRIPTION DATABASE THROUGH THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA - HR) USING DATA COLLECTED ANNUALLY THROUGH THEIR ADMINISTRATIVE COMPENSATION SURVEY. COMPENSATION FOR THIS GROUP IS SET BY INDEPENDENT PERSONS AND DOCUMENTED CONTEMPORANEOUSLY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AND ARE AVAILABLE UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS CAN BE FOUND ON THE COLLEGE'S WEBSITE. ADDITIONALLY, THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. |
| FORM 990, PART XI, LINE 9: | GAIN ON INTEREST RATE SWAP CONTRACT 1,530,968. |