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CHAMPLAIN COLLEGE INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CHAMPLAIN COLLEGE INC (EIN 03-0220266)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-14
IRS object ID
202411359349312341
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-14T20:40:37-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line160 SOUTH STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN030220266EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHAMPLAIN COLLEGE INCORPORATEDBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% APRIL O'DELLInCareOfNm
Business Name ControlCHAMBusinessNameControlTxt
Phone8028602700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1163 SOUTH WILLARD STREETAddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05401ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAPRIL O'DELLPersonNm
Person TitleTREASURERPersonTitleTxt
Phone8028602700PhoneNum
Signature2024-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstAPRILPersonFirstNm
Person LastODELLPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHYAMALEE JOSEPHPreparerPersonNm
PTINP01085371PTIN
Phone6179881000PhoneNum
Preparation2024-05-11PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerALEJANDRO HERNANDEZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1163 SOUTH WILLARD STREETAddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05401ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$173,823,232GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CHAMPLAIN.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1878FormationYr
Legal Domicile StateVTLegalDomicileStateCd
Activity Or MissionCHAMPLAIN COLLEGE EDUCATES STUDENTS TO BE READY FOR WORK, READY FOR LIFE AND READY TO MAKE A DIFFERENCE.ActivityOrMissionDesc
Voting Members Governing Body32VotingMembersGoverningBodyCnt
Voting Members Independent30VotingMembersIndependentCnt
Total Employee1597TotalEmployeeCnt
Total Volunteers33TotalVolunteersCnt
Total Gross UBI$529,370TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$13,043,117PYContributionsGrantsAmt
CY Contributions Grants$9,255,813CYContributionsGrantsAmt
PY Program Service Revenue$106,534,697PYProgramServiceRevenueAmt
CY Program Service Revenue$109,206,737CYProgramServiceRevenueAmt
PY Investment Income$5,401,048PYInvestmentIncomeAmt
CY Investment Income$7,103,720CYInvestmentIncomeAmt
PY Other Revenue$2,005,565PYOtherRevenueAmt
CY Other Revenue$2,912,283CYOtherRevenueAmt
PY Total Revenue$126,984,427PYTotalRevenueAmt
CY Total Revenue$128,478,553CYTotalRevenueAmt
PY Grants And Similar Paid$40,369,872PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$39,978,131CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$47,512,602PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$50,191,368CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,188,555CYTotalFundraisingExpenseAmt
PY Other Expenses$37,965,857PYOtherExpensesAmt
CY Other Expenses$39,657,815CYOtherExpensesAmt
PY Total Expenses$125,848,331PYTotalExpensesAmt
CY Total Expenses$129,827,314CYTotalExpensesAmt
PY Revenues Less Expenses$1,136,096PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,348,761CYRevenuesLessExpensesAmt
Total Assets BOY$225,972,098TotalAssetsBOYAmt
Total Assets EOY$221,563,269TotalAssetsEOYAmt
Total Liabilities BOY$84,684,483TotalLiabilitiesBOYAmt
Total Liabilities EOY$83,356,738TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$141,287,615NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$138,206,531NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionCHAMPLAIN COLLEGE EDUCATES STUDENTS TO BE READY FOR WORK, READY FOR LIFE AND READY TO MAKE A DIFFERENCE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$86,069,949ExpenseAmt
Grant$39,978,131GrantAmt
Revenue$73,838,840RevenueAmt
DescUNDERGRADUATE PROGRAM- THE COLLEGE HAS FIVE UNDERGRADUATE CAMPUS DIVISIONS, INCLUDING BUSINESS, COMMUNICATION & CREATIVE MEDIA, EDUCATION & HUMAN STUDIES, INFORMATION TECHNOLOGY & SCIENCES, AND CORE. WITHIN THE UNDERGRADUATE CAMPUS DIVISIONS, THE COLLEGE HAS FIVE CENTERS OF EXPERIENCE INCLUDING THE LEAHY CENTER FOR DIGITAL FORENSICS & CYBERSECURITY, THE EMERGENT MEDIA CENTER, THE CENTER FOR INNOVATION & ENTREPRENEURSHIP, THE CENTER FOR FINANCIAL LITERACY, AND THE CENTER FOR COMMUNITY & SOCIAL JUSTICE. EACH CENTER CONNECTS CHAMPLAIN TO THE GREATER BURLINGTON COMMUNITY AND THE WORLD THROUGH ITS SPECIFIC SKILL SET AND EXPERTISE, TURNING THEORY INTO PRACTICE. THE CENTERS ENTRUST STUDENTS WITH RESPONSIBILITY, ENGAGE THEM IN AMBITIOUS GOALS AND EMPOWER THEM WITH LEADERSHIP QUALITIES, SUCH AS CREATIVITY, CONFIDENCE, INSIGHT AND INTEGRITY. THE COLLEGE CURRENTLY HAS ABOUT 1,700 TRADITIONAL UNDERGRADUATE STUDENTS ENROLLED IN EDUCATIONAL PROGRAMS WHICH LEAD TO ASSOCIATE AND BACHELOR DEGREES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$8,720,068ExpenseAmt
Revenue$19,551,092RevenueAmt
DescAUXILIARY ENTERPRISES- RESIDENTIAL LIFE AT CHAMPLAIN COLLEGE INCLUDES 20 TRADITIONAL RESIDENCE HALLS AND 9 APARTMENT STYLE HOUSING COMPLEXES, EACH WITH DISTINCTIVE ARCHITECTURAL FEATURES. EACH RESIDENCE HAS A COMMUNITY-ORIENTED ATMOSPHERE. THIS SETTING HELPS CREATE MUCH CLOSER AND LONGER-LASTING RELATIONSHIPS, SOMETHING THAT DIFFERENTIATES CHAMPLAIN. AT CHAMPLAIN, YOU'LL FIND VICTORIAN-ERA MANSIONS WITH CURVED STAIRCASES, CAREFULLY RESTORED WOODWORK AND EXPANSIVE WINDOWS LOOKING OUT OVER LAKE CHAMPLAIN AND THE ADIRONDACK MOUNTAINS. CHAMPLAIN BELIEVES THAT PROVIDING HOUSING ENABLES THE COLLEGE TO PROVIDE STUDENTS WITH A MORE WELL-ROUNDED EDUCATIONAL EXPERIENCE AND CONTRIBUTES TO GETTING STUDENTS READY FOR LIFE. THE COLLEGE OPERATES A CONFERENCE AND EVENT CENTER WHICH OFFERS A VENUE FOR SPECIAL EVENTS, MEETINGS AND CONFERENCES. ADDITIONALLY, THE COLLEGE'S BOOK STORE AND FOOD SERVICE IS OFFERED FOR THE STUDENTS (PRIMARILY FOR THE RESIDENTIAL CAMPUS COMMUNITY).Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$16,473,088ExpenseAmt
Revenue$16,018,395RevenueAmt
DescCHAMPLAIN COLLEGE ONLINE (CCO) OFFERS UNDERGRADUATE AND GRADUATE PROGRAMS ONLINE TO ADULT LEARNERS WITH DEGREES IN BUSINESS, CYBERSECURITY, GAMING, HEALTHCARE AND INFORMATION TECHNOLOGY. CCO PROGRAMS ARE TAILORED TO THE NEEDS OF AN ADULT STUDENT POPULATION; THEY TAKE INTO ACCOUNT THE VALUE OF PRIOR EDUCATION AND PROFESSIONAL EXPERIENCES. CCO ALSO HOUSES THE COLLEGE'S TRU-ED PROGRAM. TRU-ED IS A BOLD REIMAGING OF WORKFORCE DEVELOPMENT THAT CREATES OPPORTUNITIES FOR ADULTS TO FURTHER THEIR EDUCATION IN CHAMPLAIN COLLEGE'S AWARD-WINNING ONLINE ACADEMIC PROGRAMS AND BRINGS TALENT MANAGEMENT AND FORWARD-THINKING WORKFORCE DEVELOPMENT SOLUTIONS TO EMPLOYERS. THROUGH STRATEGIC ALLIANCES WITH LEADING ORGANIZATIONS IN GOVERNMENT AND INDUSTRY, CHAMPLAIN COLLEGE ONLINE DELIVERS AN AFFORDABLE, ACCESSIBLE AND IMMEDIATELY APPLICABLE HIGHER EDUCATION TO HELP EMPLOYEES GAIN THE SKILLS AND KNOWLEDGE NEEDED TO ENHANCE THEIR CAREERS AND ACHIEVE THEIR ORGANIZATION'S BUSINESS OBJECTIVES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$111,263,105TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemYes (true)BusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document168IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee1597EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryCAForeignCountryCd
Foreign CountryEIForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members32GoverningBodyVotingMembersCnt
Independent Voting Member30IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldVTStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonAPRIL O'DELLPersonNm
Phone8028602700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1163 SOUTH WILLARD STREETAddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05401ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
ALEJANDRO E HERNANDEZ
PRESIDENT40.00.0Yes (X)Yes (X)$322,007$0$77,992
MONIQUE TAYLOR
PROVOST40.00.0Yes (X)$294,713$0$49,757
LESLIE AVERILL
VICE PRESIDENT40.00.0Yes (X)$272,084$0$49,205
DIANA MATOT
VICE PRESIDENT40.00.0Yes (X)$240,071$0$54,737
DAVID FINNEY
TRUSTEE (AS OF 10/2022)40.00.0Yes (X)$270,822$0$0
SHELLEY NAVARI
VICE PRESIDENT40.00.0Yes (X)$226,284$0$26,229
ROBIN GRONLUND
VICE PRESIDENT40.00.0Yes (X)$220,466$0$30,178
JOHNNA HERRICK-PHELPS
VICE PRESIDENT (UNTIL 11/2022)40.00.0Yes (X)$205,175$0$37,294
SARAH ANDRIANO
VICE PRESIDENT40.00.0Yes (X)$176,874$0$44,827
ALI HADI
PROFESSOR40.00.0$168,407$0$44,639Yes (X)
DANELLE BERUBE
VICE PRESIDENT40.00.0Yes (X)$175,882$0$31,015
ADAM GOLDSTEIN
PROFESSOR40.00.0$160,942$0$44,888Yes (X)
PAOLO SERGIO TENREIRO DE MAGAgalhae
PROFESSOR40.00.0$155,386$0$45,514Yes (X)
ANN DEMARLE
FORMER HIGHEST COMPENSATED40.00.0$193,627$0$0Yes (X)
KATHLEEN HYDE
Department Chair, Cyber Prog.40.00.0$152,454$0$36,124Yes (X)
APRIL O'DELL
ASSISTANT TREASURER40.00.0Yes (X)$142,149$0$45,942
AMANDA FOX
Acting Dean of Div. of Commun.40.00.0$155,826$0$29,555Yes (X)
MARY LEE
FORMER OFFICER0.040.0$0$119,816$0Yes (X)
KATIE HAWLEY
SECRETARY (UNTIL 10/2022)20.00.0Yes (X)$104,553$0$0
CHRISTA MONTAGNINO
VICE PRESIDENT (AS OF 11/2022)40.00.0Yes (X)$98,042$0$3,892
MICHELE ASCH
TRUSTEE2.00.0Yes (X)$0$0$0
CORINN MCCARTHY BERGERON
TRUSTEE2.00.0Yes (X)$0$0$0
DAN BOARDMAN
TRUSTEE2.00.0Yes (X)$0$0$0
KOJO MENSAH BONSU
TRUSTEE2.00.0Yes (X)$0$0$0
SARA BYERS
TRUSTEE2.00.0Yes (X)$0$0$0
JIM CROOK
TRUSTEE2.00.0Yes (X)$0$0$0
LAURA DAGAN
TRUSTEE2.00.0Yes (X)$0$0$0
IAN DAVIS
TRUSTEE2.00.0Yes (X)$0$0$0
MARGUERITE DIBBLE
TRUSTEE (AS OF 1/2023)2.00.0Yes (X)$0$0$0
MICHAEL DUBIE
TRUSTEE2.00.0Yes (X)$0$0$0
JUSTIN FIMLAID
TRUSTEE2.00.0Yes (X)$0$0$0
JIM FOSTER
TRUSTEE2.00.0Yes (X)$0$0$0
JOHN ILLICK
TRUSTEE2.00.0Yes (X)$0$0$0
MAHMOUD JABARI
TRUSTEE (AS OF 10/2022)2.00.0Yes (X)$0$0$0
CHARLES KITTREDGE
TRUSTEE4.00.0Yes (X)$0$0$0
NEALE LUNDERVILLE
TRUSTEE (UNTIL 10/2022)2.00.0Yes (X)$0$0$0
ROBERT MARINO
TRUSTEE (UNTIL 04/2023)2.00.0Yes (X)$0$0$0
AIMEE MARTI
TRUSTEE2.00.0Yes (X)$0$0$0
MARI MCCLURE
TRUSTEE2.00.0Yes (X)$0$0$0
MICHAEL METZ
TRUSTEE2.00.0Yes (X)$0$0$0
KEN MINKLEI
TRUSTEE2.00.0Yes (X)$0$0$0
JUDITH W O'CONNELL
TRUSTEE4.00.0Yes (X)$0$0$0
COLIN OWYANG
TRUSTEE2.00.0Yes (X)$0$0$0
KENNETH PALM
TRUSTEE2.00.0Yes (X)$0$0$0
KRISTIN HALPIN PERRY
TRUSTEE2.00.0Yes (X)$0$0$0
PREMILA PETERS
TRUSTEE2.00.0Yes (X)$0$0$0
DAVID PROVOST
TRUSTEE2.00.0Yes (X)$0$0$0
RAJ RAWAL
TRUSTEE2.00.0Yes (X)$0$0$0
RUSS SCULLY
TRUSTEE2.00.0Yes (X)$0$0$0
JULIE SNOW
TRUSTEE2.00.0Yes (X)$0$0$0
LINDA TARR-WHELAN
TRUSTEE (UNTIL 10/2022)2.00.0Yes (X)$0$0$0
EDUARDO VAZQUEZ
TRUSTEE2.00.0Yes (X)$0$0$0
JON WETTSTEIN
TRUSTEE2.00.0Yes (X)$0$0$0
RICK BLOUT
SECRETARY (AS OF 10/2022)20.00.0Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,735,764TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$119,816TotReportableCompRltdOrgAmt
Total Other Compensation$651,788TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K58IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SODEXO INC AND AFFILIATES
9859 Flower Bonnet Ave NWCONCORDNC28027FOOD SERVICE$3,708,896
Unbridled Connect LLC
1115 GRANT STREETDENVERCO80203CONSULTANT$1,349,267
GOOGLE LLC
1600 Amphitheatre PkwyMOUNTAIN VIEWCA94043ADVERTISING$815,456
JANITECH
158 BRENTWOOD DRIVECOLCHESTERVT05446CUSTODIAL$810,065
CBMVT LLC
78 Miller LaneWILLISTONVT05495CUSTODIAL$626,708
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K38CntrctRcvdGreaterThan100KCnt
Fundraising$0FundraisingAmt
Government Grants$1,800,411GovernmentGrantsAmt
All Other Contributions$7,455,402AllOtherContributionsAmt
Noncash Contributions$227,852NoncashContributionsAmt
Total Contributions$9,255,813TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEES611710$89,857,235$89,857,235
DORMITORY AND DINING FEES721310$19,316,523$19,316,523
BOOKSTORE RECEIPTS451211$32,979$32,979
FieldValueIRS element (for citing)
Total Program Service Revenue$109,206,737TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,747,060TotalRevenueColumnAmt
Exclusion$2,747,060ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$178,595RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$178,595RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$178,595TotalRevenueColumnAmt
Exclusion$178,595ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$49,683,839SecuritiesAmt
Other$17,500OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$45,344,679SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4,339,160SecuritiesAmt
Other$17,500OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,356,660TotalRevenueColumnAmt
Exclusion$4,356,660ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
CONFERENCE AND EVENT CENTER720000$529,370$529,370
PARKING REVENUE480000$201,590$201,590
OTHER INCOME900099$2,002,728$2,002,728
FieldValueIRS element (for citing)
Other Revenue Total$2,733,688OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$128,478,553TotalRevenueColumnAmt
Related Or Exempt Func Income$109,408,327RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$529,370UnrelatedBusinessRevenueAmt
Exclusion$9,285,043ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$39,724,445TotalAmt
Program Services$39,724,445ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$253,686TotalAmt
Program Services$253,686ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,625,847TotalAmt
Program Services$763,819ProgramServicesAmt
Management And General$1,476,764ManagementAndGeneralAmt
Fundraising$385,264FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$36,135,434TotalAmt
Program Services$30,503,834ProgramServicesAmt
Management And General$4,843,667ManagementAndGeneralAmt
Fundraising$787,933FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,604,591TotalAmt
Program Services$2,231,107ProgramServicesAmt
Management And General$322,154ManagementAndGeneralAmt
Fundraising$51,330FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$6,014,092TotalAmt
Program Services$4,968,705ProgramServicesAmt
Management And General$895,574ManagementAndGeneralAmt
Fundraising$149,813FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,811,404TotalAmt
Program Services$2,282,559ProgramServicesAmt
Management And General$447,295ManagementAndGeneralAmt
Fundraising$81,550FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$98,751TotalAmt
Management And General$98,751ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$153,303TotalAmt
Management And General$153,303ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$233,928TotalAmt
Management And General$233,928ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,068,120TotalAmt
Program Services$3,969,036ProgramServicesAmt
Management And General$98,743ManagementAndGeneralAmt
Fundraising$341FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$910,879TotalAmt
Program Services$655,626ProgramServicesAmt
Management And General$235,599ManagementAndGeneralAmt
Fundraising$19,654FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,474,265TotalAmt
Program Services$724,750ProgramServicesAmt
Management And General$2,749,515ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,048,457TotalAmt
Program Services$5,048,457ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$721,115TotalAmt
Program Services$484,789ProgramServicesAmt
Management And General$146,431ManagementAndGeneralAmt
Fundraising$89,895FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$3,229,072TotalAmt
Program Services$3,148,360ProgramServicesAmt
Management And General$64,570ManagementAndGeneralAmt
Fundraising$16,142FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,158,061TotalAmt
Program Services$4,686,417ProgramServicesAmt
Management And General$1,303,858ManagementAndGeneralAmt
Fundraising$167,786FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$826,470TotalAmt
Program Services$300,954ProgramServicesAmt
Management And General$525,516ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CONTRACTUAL SERVICES$3,654,286$2,537,685$710,909$405,692
MEAL EXPENSES$3,162,984$3,162,984
RENOVATION & OTH PROJECTS$1,265,451$1,265,451
STUDENT ACTIVITIES/ACADEMIC SU$2,503,360$1,646,400$826,664$30,296

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,149,313TotalAmt
Program Services$2,904,041ProgramServicesAmt
Management And General$1,242,413ManagementAndGeneralAmt
Fundraising$2,859FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$129,827,314TotalAmt
Program Services$111,263,105ProgramServicesAmt
Management And General$16,375,654ManagementAndGeneralAmt
Fundraising$2,188,555FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$18,875,483BOYAmt
EOY$7,017,188EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,136,064BOYAmt
EOY$5,262,727EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,328,924BOYAmt
EOY$1,728,266EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$3,285,199BOYAmt
EOY$3,718,723EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,157,620BOYAmt
EOY$2,245,009EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$222,035,512LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$86,307,673LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$133,577,733BOYAmt
EOY$135,727,839EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$62,186,912BOYAmt
EOY$63,525,985EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,424,163BOYAmt
EOY$2,337,532EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$225,972,098BOYAmt
EOY$221,563,269EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,671,332BOYAmt
EOY$7,984,340EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$5,975,634BOYAmt
EOY$6,094,054EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$66,726,482BOYAmt
EOY$66,639,596EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$114,948BOYAmt
EOY$86,332EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$2,855,594BOYAmt
EOY$1,423,437EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,340,493BOYAmt
EOY$1,128,979EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$84,684,483BOYAmt
EOY$83,356,738EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$110,042,161BOYAmt
EOY$101,485,457EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$31,245,454BOYAmt
EOY$36,721,074EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$141,287,615BOYAmt
EOY$138,206,531EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$225,972,098BOYAmt
EOY$221,563,269EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$1,348,761ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,452,446NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$279,877OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,587,427CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,945,996CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,328,004CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,043,117CurrentTaxYearMinus1YearAmt
Current Tax Year$9,255,813CurrentTaxYearAmt
Total$38,160,357TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,587,427CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,945,996CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,328,004CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,043,117CurrentTaxYearMinus1YearAmt
Current Tax Year$9,255,813CurrentTaxYearAmt
Total$38,160,357TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,585,169SubstantialContributorsTotAmt
Public Support Total170$35,575,188PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,454,764CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,209,518CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,226,979CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,700,760CurrentTaxYearMinus1YearAmt
Current Tax Year$2,925,655CurrentTaxYearAmt
Total$12,517,676TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,154,590CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,666,555CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$985,586CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,344,193CurrentTaxYearMinus1YearAmt
Current Tax Year$2,204,318CurrentTaxYearAmt
Total$8,355,242TotalAmt
FieldValueIRS element (for citing)
Total Support$59,033,275TotalSupportAmt
Gross Receipts Rltd Activities$554,554,131GrossReceiptsRltdActivitiesAmt
Public Support CY1700.60263PublicSupportCY170Pct
Public Support PY1700.62855PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,253,711BeginningYearBalanceAmt
Contributions$1,122,637ContributionsAmt
Investment Earnings Or Losses$2,474,019InvestmentEarningsOrLossesAmt
Grants Or Scholarships$560,154GrantsOrScholarshipsAmt
Other Expenditures$852,208OtherExpendituresAmt
End Year Balance$27,438,005EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$29,685,138BeginningYearBalanceAmt
Contributions$277,537ContributionsAmt
Investment Earnings Or Losses-$3,433,113InvestmentEarningsOrLossesAmt
Grants Or Scholarships$504,175GrantsOrScholarshipsAmt
Other Expenditures$771,676OtherExpendituresAmt
End Year Balance$25,253,711EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$23,894,478BeginningYearBalanceAmt
Contributions$415,116ContributionsAmt
Investment Earnings Or Losses$6,528,189InvestmentEarningsOrLossesAmt
Grants Or Scholarships$481,716GrantsOrScholarshipsAmt
Other Expenditures$670,929OtherExpendituresAmt
End Year Balance$29,685,138EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,009,249BeginningYearBalanceAmt
Contributions$92,686ContributionsAmt
Investment Earnings Or Losses-$208,695InvestmentEarningsOrLossesAmt
Grants Or Scholarships$445,608GrantsOrScholarshipsAmt
Other Expenditures$553,154OtherExpendituresAmt
End Year Balance$23,894,478EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$24,297,680BeginningYearBalanceAmt
Contributions$147,503ContributionsAmt
Investment Earnings Or Losses$1,385,620InvestmentEarningsOrLossesAmt
Grants Or Scholarships$435,819GrantsOrScholarshipsAmt
Other Expenditures$385,735OtherExpendituresAmt
End Year Balance$25,009,249EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.01980BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.29960PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.68060TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,125,202OtherCostOrOtherBasisAmt
Book Value$5,125,202BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$199,912,143OtherCostOrOtherBasisAmt
Depreciation$71,824,042DepreciationAmt
Book Value$128,088,101BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,544,113OtherCostOrOtherBasisAmt
Depreciation$13,349,180DepreciationAmt
Book Value$2,194,933BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,454,054OtherCostOrOtherBasisAmt
Depreciation$1,134,451DepreciationAmt
Book Value$319,603BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$135,727,839TotalBookValueLandBuildingsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
U.S. GOVERNMENT GRANTS$436,246
LIAB. UNDER TRUST AND ANNUITY$692,733
FieldValueIRS element (for citing)
Total Liability$1,128,979TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$87,899,505TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,452,446NetUnrealizedGainsInvstAmt
Other Revenue-$38,892,674OtherRevenueAmt
Revenue Not Reported-$40,345,120RevenueNotReportedAmt
Revenue Subtotal$128,244,625RevenueSubtotalAmt
Investment Expenses Not Incld$233,928InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$233,928RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$128,478,553TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$91,558,010TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$2,920,060OtherExpensesIncludedAmt
Expenses Not Reported$2,920,060ExpensesNotReportedAmt
Expenses Subtotal$88,637,950ExpensesSubtotalAmt
Investment Expenses Not Incld2$233,928InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$40,955,436OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$41,189,364ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$129,827,314TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4THE CHAMPLAIN COLLEGE ENDOWMENT CONSISTS OF APPROXIMATELY 57 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. A MAJORITY OF THE FUNDS PROVIDE FINANCIAL AID FOR STUDENTS, ACADEMIC SUPPORT FOR PROGRAMS AND FACILITIES, AND STUDENT SERVICE PROGRAM SUPPORT. THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. BASED ON THE POLICIES ADOPTED, THE BOARD OF TRUSTEES MAY APPROVE AND DISTRIBUTE UP TO 5% OF THE VALUE OF THE FUNDS ANNUALLY. THE VALUE OF THE FUNDS IS THE AVERAGE YEAR END VALUE OF THE FUND FOR THE PREVIOUS THREE CALENDAR YEARS.
PART X, LINE 2FIN 48 (ASC740) THE COLLEGE IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(a) OF THE CODE. ASC 740, INCOME TAXES, PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. ASC 740 PERMITS AN ENTITY TO RECOGNIZE THE BENEFIT AND REQUIRES ACCRUAL OF AN UNCERTAIN TAX POSITIONS WHEN THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IN THE EVENT OF AN EXAMINATION BY THE TAX AUTHORITIES. THE COLLEGE HAS NO EXAMINATIONS IN PROGRESS AND BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS.
PART XI, LINE 2DREVENUE AMOUNTS INCLUDED ON AUDITED FINANCIAL STATEMENTS BUT NOT ON FORM 990 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS $36,769 CHANGE IN ALLOWANCE FOR CONTRIBUTIONS RECEIVABLE $(316,646) FINANCIAL AID $(40,955,436) FOREIGN ENTITIES $2,342,639 TOTAL $(38,892,674)
PART XII, LINE 2DEXPENSE AMOUNTS INCLUDED ON AUDITED FINANCIAL STATEMENTS BUT NOT ON FORM 990 FOREIGN ENTITIES $2,920,060
PART XII, LINE 4BEXPENSE AMOUNTS INCLUDED ON FORM 990 BUT NOT ON AUDITED FINANCIAL STATEMENTS PRESENTED IN NET REVENUE ON THE FINANCIAL STATEMENTS FINANCIAL AID EXCLUDING FOREIGN ENTITIES $40,955,436

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3CHAMPLAIN ENDEAVORS TO BE A DIVERSE, EQUITABLE, AND INCLUSIVE COMMUNITY AND INVITES APPLICATIONS FROM MEMBERS OF ANY GROUP THAT HAS HISTORICALLY BEEN UNDERREPRESENTED. THE COLLEGE ASSURES EQUAL EDUCATION AND EMPLOYMENT OPPORTUNITY AND PROHIBITS DISCRIMINATION ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, GENDER, RELIGION, SEXUAL ORIENTATION, AGE, OR DISABILITY. THIS POLICY IS INCLUDED IN THE FACULTY HANDBOOK, COLLEGE CATALOGS, THE HUMAN RESOURCE WEBSITE, JOB POSTINGS, APPLICATION FORMS, AND ON THE COLLEGE'S WEBSITE.
PART I, LINE 6ATHE COLLEGE RECEIVES FEDERAL STUDENT AID FROM THE DEPARTMENT OF EDUCATION.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean00Program ServicesFINANCIAL AID$24,036
East Asia and the Pacific00Program ServicesFINANCIAL AID$33,500
Europe (Including Iceland and Greenland)00Program ServicesFINANCIAL AID$45,650
Russia and the Newly Independent States00Program ServicesFINANCIAL AID$33,500
South America00Program ServicesFINANCIAL AID$87,000
South Asia00Program ServicesFINANCIAL AID$30,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$253,686SubtotalSpentAmt
Total Spent$253,686TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (6 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmt
FINANCIAL AIDCentral America and the Caribbean1$24,036
FINANCIAL AIDEast Asia and the Pacific2$33,500
FINANCIAL AIDRussia and the Newly Independent States1$33,500
FINANCIAL AIDSouth Asia1$30,000
FINANCIAL AIDEurope (Including Iceland and Greenland)3$45,650
FINANCIAL AIDSouth America2$87,000
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2FormAndLineReferenceDesc
ExplanationMONITORING THE USE OF GRANT FUNDS OUTSIDE THE U.S. THE COLLEGE OFFERS FINANCIAL ASSISTANCE, IN THE FORM OF GRANTS AND SCHOLARSHIPS, TO INTERNATIONAL STUDENTS. IN ORDER TO QUALIFY FOR THE ASSISTANCE, A STUDENT MUST BE ENROLLED FULL-TIME, MUST HAVE ACHIEVED A SATISFACTORY GRADE POINT AVERAGE, AND MUST HAVE DEMONSTRATED FINANCIAL NEED. ALL GRANTS AND SCHOLARSHIPS TO STUDENTS ARE AWARDED BASED ON NEED AND CONFORM TO FEDERAL, STATE AND INSTITUTIONAL REGULATIONS. THE COLLEGE HAS PROCEDURES IN PLACE FOR MONITORING GRANTS TO ENSURE PROPER COMPLIANCE.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
INSTITUTIONAL SCHOLARSHIPS - UNDERGRADUATE1830$39,342,212
SEOG FINANCIAL AID873$308,263
DOD INFORMATION ASSURANCE SCHOLARSHIP1$73,970

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2FormAndLineReferenceDesc
ExplanationMONITORING THE USE OF GRANT FUNDS IN THE U.S. CHAMPLAIN OFFERS BOTH MERIT AID AND NEED-BASED AID. MERIT SCHOLARSHIPS ARE RENEWED ANNUALLY PROVIDED THE STUDENT IS ENROLLED FULL-TIME AND MEETS ALL ACADEMIC STANDARDS. NEED-BASED SCHOLARSHIPS ARE RENEWED ANNUALLY BASED ON FINANCIAL NEED; THE FREE APPLICATION FOR FEDERAL STUDENT AID(FAFSA) FORM MUST BE COMPLETED IN ORDER TO BE CONSIDERED FOR THESE AWARDS. THE FINANCIAL AID OFFICE MONITORS STUDENTS TO ENSURE CONTINUED ELIGIBILITY FOR THE TYPE OF AID THEY ARE RECEIVING. AT THE END OF EACH SEMESTER (FALL, SPRING, SUMMER), EVERY FINANCIAL AID RECIPIENT'S PROGRESS IS REVIEWED BY THE OFFICE OF FINANCIAL AID. STUDENTS ARE MEASURED USING BOTH QUALITATIVE AND QUANTITATIVE STANDARDS. THE PURPOSE OF THIS REVIEW IS TO MEASURE WHETHER A STUDENT IS MAKING SATISFACTORY ACADEMIC PROGRESS TOWARDS GRADUATION. THESE STANDARDS APPLY TO ALL TYPES OF FINANCIAL AID: FEDERAL, STATE AND INSTITUTIONAL AID. STUDENTS WHO FAIL TO MEET THE SATISFACTORY ACADEMIC PROGRESS REQUIREMENTS MAY BECOME INELIGIBLE TO RECEIVE FINANCIAL AID UNTIL THEY ARE IN COMPLIANCE WITH THESE REQUIREMENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmt
ALEJANDRO E HERNANDEZ
PRESIDENT$241,379$80,000$628$42,910$35,082$399,999
MONIQUE TAYLOR
PROVOST$247,937$46,776$24,346$25,411$344,470
LESLIE AVERILL
VICE PRESIDENT$227,282$23,230$21,572$25,839$23,366$321,289
DIANA MATOT
VICE PRESIDENT$185,381$19,000$35,690$27,474$27,263$294,808
DAVID FINNEY
TRUSTEE (AS OF 10/2022)$270,822$270,822
SHELLEY NAVARI
VICE PRESIDENT$205,013$20,604$667$21,270$4,959$252,513
ROBIN GRONLUND
VICE PRESIDENT$198,827$19,000$2,639$22,030$8,148$250,644
JOHNNA HERRICK-PHELPS
VICE PRESIDENT (UNTIL 11/2022)$178,201$26,974$17,525$19,769$242,469
SARAH ANDRIANO
VICE PRESIDENT$160,069$16,463$342$18,312$26,515$221,701
ALI HADI
PROFESSOR$168,139$268$17,497$27,142$213,046
DANELLE BERUBE
VICE PRESIDENT$159,386$16,160$336$17,975$13,040$206,897
ADAM GOLDSTEIN
PROFESSOR$160,559$383$16,834$28,054$205,830
PAOLO SERGIO TENREIRO DE MAGAgalh
PROFESSOR$155,028$358$13,351$32,163$200,900
ANN DEMARLE
FORMER HIGHEST COMPENSATED$193,627$193,627
KATHLEEN HYDE
Department Chair, Cyber Prog.$151,940$514$15,677$20,447$188,578
APRIL O'DELL
ASSISTANT TREASURER$141,868$281$15,231$30,711$188,091
AMANDA FOX
Acting Dean of Div. of Commun.$154,724$1,102$16,054$13,501$185,381
MARY LEE
FORMER OFFICER$119,816$119,816

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AS A CONDITION OF EMPLOYMENT, THE COLLEGE REQUIRES THAT THE PRESIDENT LIVE IN THE PRESIDENTIAL RESIDENCE LOCATED ON THE COLLEGE CAMPUS. THESE AMOUNTS ARE INCLUDED IN COLUMN (D) AS A NON-TAXABLE BENEFIT. THE COLLEGE MAY PROVIDE HOUSING ARRANGEMENTS TO NEW OFFICERS, DIRECTORS, AND KEY EMPLOYEES OF THE COLLEGE UPON HIRE ON A TEMPORARY BASIS. THE COLLEGE COMPLIES WITH IRC SECTION 119.
PART I, LINE 3COMPENSATION SEE SCHEDULE O
PART 1, LINE 7THE BONUSES FOR OFFICERS AND KEY EMPLOYEES ARE DETERMINED BY THE COMPENSATION COMMITTEE AND ARE DISCRETIONARY.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1VEHBFA (SERIES 2016A)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN237154467BondIssuerEIN
CUSIP924166JXOCUSIPNum
Bond Issued2016-12-01BondIssuedDt
Issue Price$67,826,964IssuePriceAmt
PurposeRefund Prior Bonds & ConstructionPurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$0RetiredAmt
Bond Defeased$0BondDefeasedAmt
Total Proceeds$68,098,866TotalProceedsAmt
In Reserve Fund$0InReserveFundAmt
Capitalized Interest$0CapitalizedInterestAmt
Refunding Escrow$0RefundingEscrowAmt
Issuance Costs From Proceeds$617,916IssuanceCostsFromProceedsAmt
Credit Enhancement$0CreditEnhancementAmt
Working Capital Expenditures$0WorkingCapitalExpendituresAmt
Capital Expenditures$22,186,692CapitalExpendituresAmt
Other Spent Proceeds$45,294,258OtherSpentProceedsAmt
Unspent$0UnspentAmt
Substantial Completion2018SubstantialCompletionYr
Refunding Tax Exempt BondsYes (true)RefundingTaxExemptBondsInd
Refunding Taxable BondsfalseRefundingTaxableBondsInd
Final Allocation MadeYes (true)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedPropertyInd
Any Lease ArrangementsfalseAnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropYes (true)MgmtContractBondFincdPropInd
Engage Bond Counsel ContractsYes (true)EngageBondCounselContractsInd
Any Research AgreementsfalseAnyResearchAgreementsInd
Private Bus Use By Others0PrivateBusUseByOthersPct
Private Bus Concerning UBI0.01770PrivateBusConcerningUBIPct
Total Private Business Use0.01770TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt TestfalseBondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Remedial Action TakenfalseRemedialActionTakenInd
Procs Nonqualified Bond RemdtdYes (true)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledYes (true)Form8038TFiledInd
Rebate Not Due YetfalseRebateNotDueYetInd
Exception To RebatefalseExceptionToRebateInd
No Rebate DueYes (true)NoRebateDueInd
Variable Rate IssuefalseVariableRateIssueInd
Hedge Identified In Bks And RecfalseHedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

FieldValueIRS element (for citing)
Business Name Line10BusinessNameLine1Txt
FieldValueIRS element (for citing)
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd

GIC Provider Name GICProviderName

FieldValueIRS element (for citing)
Business Name Line10BusinessNameLine1Txt
FieldValueIRS element (for citing)
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (true)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (true)ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE A, COLUMN FTHE 2016A BOND ISSUE WAS FOR CONSTRUCTION OF A MIXED-USE FACILITY CONSISTING OF 105 DWELLING UNITS WITH AN AGGREGATE OF 314 BEDS FOR STUDENT HOUSING AS WELL AS GARAGE AND RETAIL STORE SPACE. THE BUILDING WAS PLACED IN SERVICE IN FISCAL YEAR 2019. THE 2016A BOND ISSUE ALSO REFUNDED THE FOLLOWING BONDS: 2009 SERIES - 06/09/2009 2010A SERIES - 12/13/2010 2010B SERIES - 12/13/2010 2011 SERIES - 12/09/2011 2013 SERIES - 05/29/2013 2014 SERIES - 07/30/2014
PART II, LINE 3THE TOTAL AMOUNT OF PROCEEDS OF THE BOND ISSUE DOES NOT AGREE TO THE ISSUE PRICE LISTED IN PART I, COLUMN E DUE TO INTEREST EARNED OF $261,902 ON DEPOSIT WITH BOND TRUSTEE.
PART III, LINE 3ATHE COLLEGE ENTERS INTO JANITORIAL AND VENDING SERVICE CONTRACTS FOR ALL CAMPUS BUILDINGS INCLUDING RESIDENTIAL, ACADEMIC, AND ADMINISTRATIVE BUILDINGS. THESE SERVICES ARE DEEMED INCIDENTAL FOR PRIVATE BUSINESS USE CONSIDERATIONS. THE COLLEGE HAS ENGAGED LEGAL COUNSEL TO REVIEW THIRD PARTY FOOD MANAGEMENT SERVICE CONTRACTS TO ENSURE THEY MEET THE SAFE HARBOR REQUIREMENTS. AS A RESULT, THESE CONTRACTS DO NOT YIELD PRIVATE BUSINESS USE. THE COLLEGE ALSO ENTERS INTO A BOOKSTORE MANAGEMENT SERVICE CONTRACT WHICH MEETS THE SAFE HARBOR REQUIREMENTS AND THEREFORE DOES NOT RESULT IN PRIVATE BUSINESS USE.
PART IV, LINE 2CARBITRAGE REBATE COMPUTATIONS: THE ARBITRAGE REBATE COMPUTATIONS FOR THE SERIES 2016A BONDS WERE PERFORMED ON DECEMBER 1, 2021.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR$3,985,803Provision of Servicesfalse
David Finney Associates
35% Controlled Entity of TRUSTEE FINNEY$24,000Consulting servicesfalse
Hawley Consulting Services
35% Controlled Entity of OFFICER HAWLEY$47,500Consulting servicesfalse

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArtGrp
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution11ContributionCnt
Noncash Contributions Rpt F990$227,852NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B)FormAndLineReferenceDesc
ExplanationNUMBER OF CONTRIBUTIONS AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I AND III, LINE 1ORGANIZATION'S MISSION CHAMPLAIN COLLEGE EDUCATES ADAPTABLE THINKERS, DARING CHANGE-MAKERS, AND INCLUSIVE INNOVATORS WHO SHAPE PROFESSIONS AND INSPIRE COMMUNITIES. CHAMPLAIN'S AGILE AND ENTREPRENEURIAL APPROACH TO HIGHER EDUCATION UNIQUELY BLENDS TECHNOLOGY LEADERSHIP, MARKET SAVVY, INNOVATION AND FISCAL RESPONSIBILITY WITH A COMMITMENT TO LIBERAL LEARNING, COMMUNITY INVOLVMENT AND "THE HUMAN TOUCH." THIS DISTINCTIVE APPROACH PERMEATES THE DELIVERY OF RELEVANT, RIGOROUS STUDENT-CENTERED PROGRAMS IN BUSINESS, ARTS, APPLIED TECHNOLOGY, AND PUBLIC SERVICE.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW PROCESS THE ACCOUNTING STAFF AT THE COLLEGE IS RESPONSIBLE FOR GATHERING AND DRAFTING THE INFORMATION TO POPULATE THE FORM 990 IN CONJUNCTION WITH KPMG LLP, INDEPENDENT ACCOUNTANTS. ONCE THE DRAFT IS COMPLETED, IT IS REVIEWED BY THE ASSISTANT TREASURER AND TREASURER. THE COLLEGE ELECTRONICALLY DISTRIBUTES, VIA THE BOARD BOOK, A COMPLETE COPY OF ITS FORM 990 TO EACH MEMBER OF THE GOVERNING BODY FOR THEIR REVIEW, PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY THE COLLEGE HAS A STATEMENT OF POLICY REGARDING CONFLICT OF INTEREST FOR THE BOARD OF TRUSTEES, OFFICERS, AND KEY EMPLOYEES. ATTACHED TO THE CONFLICT OF INTEREST STATEMENT IS A SCHEDULE OF ALL TRUSTEE, OFFICER AND/OR KEY EMPLOYEES OF THE COLLEGE, AND INDIVIDUALS AND ENTITIES WHO HAVE OR HAVE HAD KEY BUSINESS RELATIONSHIPS WITH THE COLLEGE (E.G., INVESTMENT MANAGERS, LENDERS, OTHER FINANCIAL INSTITUTIONS, KEY VENDORS PROVIDING EITHER GOODS OR SERVICES TO THE COLLEGE). UPON JOINING THE BOARD OF TRUSTEES AND ANNUALLY THEREAFTER, EACH MEMBER OF THE BOARD MUST REVIEW THE SCHEDULE AND COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. THE CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. IF ANY CONFLICT OF INTEREST EXISTS BY A VOTING MEMBER OF THE COMMITTEE OR BOARD OF TRUSTEES, THEY MUST RECUSE THEMSELVES OF MATTERS PERTAINING TO A CONFLICT. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE BY THE TRUSTEE NOT VOTING.
FORM 990, PART VI, SECTION B, LINES 15A AND 15BCOMPENSATION POLICY THE COMPENSATION COMMITTEE (THE COMMITTEE) WILL ANNUALLY REVIEW THE REASONABLENESS OF COMPENSATION LEVELS OF ALL OFFICERS ON A POSITION-BY-POSITION BASIS. THE COMMITTEE IS INDEPENDENT AND FREE FROM CONFLICT OF INTEREST. THE COMMITTEE REVIEWS THE NATURE AND SCOPE OF EACH POSITION AND ASSESSES THE BASIS FOR WHICH COMPENSATION IS TO BE PAID TO THE INDIVIDUAL. THE COMMITTEE DETERMINES COMPENSATION FOR ALL OFFICERS, EXCEPT THE PRESIDENT, UPON RECEIPT OF WRITTEN PERFORMANCE REVIEWS AND "VALID MARKET DATA". THE PRESIDENT REVIEWS EACH OFFICER'S PERFORMANCE FOR THE PRIOR YEAR AND SUBMITS A COMPENSATION RECOMMENDATION TO THE COMMITTEE BASED ON A COMBINATION OF "VALID MARKET DATAINDIVIDUAL PERFORMANCE. "VALID MARKET DATA" IS DETERMINED USING THE FOLLOWING METHOD: 1.1 DETERMINE THE LIST OF OVERLAP INSTITUTIONS - IDENTIFY OTHER PRIVATE COLLEGES THAT HAVE A HIGH NUMBER OF APPLICANT OVERLAPS WITH CHAMPLAIN. THIS DATA IS FROM THE NATIONAL STUDENT CLEARINGHOUSE, WHICH TRACKS THE COLLEGES TO WHICH STUDENTS APPLY AND ULTIMATELY CHOOSE TO ATTEND. 1.2 USING IRS TAX RETURN DATA (VIA GUIDESTAR), FIND THE MOST RECENT REPORT IDENTIFYING THE MOST HIGHLY COMPENSATED EMPLOYEES AT OVERLAP INSTITUTIONS. 1.3 ADJUST THE REPORTED SALARIES AND BENEFITS BY A PERCENTAGE TO MAKE THEM ROUGHLY COMPARABLE TO CURRENT SALARY DATA. THIS INFLATION FACTOR IS DERIVED FROM NATIONALLY REPORTED HIGHER EDUCATION AVERAGE PAY HIKES IN PAST YEARS. BOTH THE BASE YEAR COMPENSATION, AS WELL AS THE ADJUSTED SALARY, ARE REPORTED BACK TO THE COMMITTEE. 1.4 PROVIDE THE COMMITTEE WITH COMPARISONS OF CHAMPLAIN SALARY AND BENEFITS TO OVERLAP OTHER INSTITUTIONS ON A POSITION-BY-POSITION BASIS NARRATIVE INFORMATION WILL BE PROVIDED, IF SIMILARLY TITLED POSITIONS AT OTHER INSTITUTIONS ARE KNOWN TO DIFFER IN SCOPE OF RESPONSIBILITY. THE CHAIR AND VICE CHAIR OF THE BOARD OF TRUSTEES ANNUALLY CONDUCT A PERFORMANCE REVIEW OF THE PRESIDENT. THIS REVIEW, COMBINED WITH THE "VALID MARKET DATA" DESCRIBED ABOVE, IS DISCUSSED AND CONSIDERED BY THE COMMITTEE WHEN ARRIVING AT THE PRESIDENT'S ANNUAL COMPENSATION PACKAGE. THE DECISIONS OF THE COMMITTEE ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF EACH MEETING. THE COMPENSATION PROCEDURES OF THE COLLEGE MEET THE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION.
FORM 990, PART VI, SECTION C, LINE 19PUBLIC DISCLOSURE POLICY THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO POSTED ON WWW.GUIDESTAR.ORG.
FORM 990, PART XI, LINE 9OTHER CHANGES IN NET ASSETS Line 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS $ 36,769 CHANGE IN CONTRIBUTION ALLOWANCE FOR DOUBTFUL ACCOUNTS $(316,646) TOTAL $(279,877)

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACd
COLLEGE CHAMPLAIN DU VERMONT
525 SHERBROOK STREET EASTMONTREALQUEBECCA999999999EDUCATIONALCACHAMPLAINYes (true)
Green Mtn Higher Education Consortium
901113280See Part VIIfalse120 GRAHAM WAY SUITE 120SHELBURNEVT05482VT501(c)(3)9N/A

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndLegal Domicile StateLegalDomicileStateCd
CHAMPLAIN COLLEGE DUBLIN LIMITED
43 LOWER LEESON STREETDUBLINIRELANDEI999999999EDUCATIONALEICHAMPLAINC CORP-$515,695$60,0911.00000Yes (true)
CHARITABLE REMAINDER TRUSTS (7)
999999999CHARITABLE TRNATRUSTfalseVT
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (true)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
COLLEGE CHAMPLAIN DU VERMONT
d$860,930FMV
CHAMPLAIN COLLEGE DUBLIN LIMITED
d$2,984,336FMV
COLLEGE CHAMPLAIN DU VERMONT
r$916,088FMV
CHAMPLAIN COLLEGE DUBLIN LIMITED
r$900,000FMV

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II, LINE 1 COLUMN (D)THE ORGANIZATION IS A NON-PROFIT ORGANIZATION DESCRIBED IN PARAGRAPH 149(1)(I) OF THE INCOME TAX ACT OF CANADA AND IS EXEMPT FROM TAX.
PART II, LINE 2 COLUMN (B)Promoting the educational purpose and consolidating services