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PROVIDENCE COLLEGE: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
PROVIDENCE COLLEGE (EIN 05-0258932)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-13
IRS object ID
202421349349309152
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)
Return2024-05-13T17:45:17-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line160 SOUTH STREET TWO FINANCIALAddressLine1Txt
Address Line2CENTERAddressLine2Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN050258932EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PROVIDENCE COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPROVBusinessNameControlTxt
Phone4018651000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE CUNNINGHAM SQUAREAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02918ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN M SWEENEYPersonNm
Person TitleSR VP FINANCE/CFOPersonTitleTxt
Phone4018652281PhoneNum
Signature2024-05-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOHNPersonFirstNm
Person LastSWEENEYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGENEVA FURLANOPreparerPersonNm
PTINP10877392PTIN
Phone6179881000PhoneNum
Preparation2024-05-09PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerREV KENNETH R SICARD OPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE CUNNINGHAM SQUAREAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02918ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$423,603,273GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PROVIDENCE.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1917FormationYr
Legal Domicile StateRILegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OPROVIDENCE COLLEGE IS A CATHOLIC, DOMINICAN, LIBERAL ARTS INSTITUTION OF HIGHER EDUCATION AND A COMMUNITY COMMITTED TO ACADEMIC EXCELLENCE.ActivityOrMissionDesc
Voting Members Governing Body40VotingMembersGoverningBodyCnt
Voting Members Independent37VotingMembersIndependentCnt
Total Employee2846TotalEmployeeCnt
Total Volunteers43TotalVolunteersCnt
Total Gross UBI$513,605TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$37,057,188PYContributionsGrantsAmt
CY Contributions Grants$48,534,529CYContributionsGrantsAmt
PY Program Service Revenue$297,861,470PYProgramServiceRevenueAmt
CY Program Service Revenue$310,762,208CYProgramServiceRevenueAmt
PY Investment Income$24,583,942PYInvestmentIncomeAmt
CY Investment Income$4,115,658CYInvestmentIncomeAmt
PY Other Revenue$4,561,466PYOtherRevenueAmt
CY Other Revenue$9,450,643CYOtherRevenueAmt
PY Total Revenue$364,064,066PYTotalRevenueAmt
CY Total Revenue$372,863,038CYTotalRevenueAmt
PY Grants And Similar Paid$94,601,527PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$94,444,939CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$126,720,744PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$131,969,886CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$153,082PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$147,450CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$6,083,784CYTotalFundraisingExpenseAmt
PY Other Expenses$110,259,475PYOtherExpensesAmt
CY Other Expenses$123,109,676CYOtherExpensesAmt
PY Total Expenses$331,734,828PYTotalExpensesAmt
CY Total Expenses$349,671,951CYTotalExpensesAmt
PY Revenues Less Expenses$32,329,238PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$23,191,087CYRevenuesLessExpensesAmt
Total Assets BOY$896,934,054TotalAssetsBOYAmt
Total Assets EOY$1,044,258,281TotalAssetsEOYAmt
Total Liabilities BOY$244,959,390TotalLiabilitiesBOYAmt
Total Liabilities EOY$359,288,182TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$651,974,664NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$684,970,099NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE O.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$286,595,580ExpenseAmt
Grant$94,444,939GrantAmt
Revenue$317,872,849RevenueAmt
DescSEE SCHEDULE ODesc
Total Program Service Expenses$286,595,580TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document5639IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2846EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members40GoverningBodyVotingMembersCnt
Independent Voting Member37IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJOHN SWEENEY SVP FINANCECFOPersonNm
Phone4018652281PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE CUNNINGHAM SQUAREAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02918ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (55 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
ANN MANCHESTER-MOLAK
EVP & TRUSTEE40.00Yes (X)Yes (X)$414,369$0$54,466
REV KENNETH R SICARD OP
PRESIDENT & TRUSTEE40.00Yes (X)Yes (X)$0$0$68,010
REV FRANCIS BELANGER
TRUSTEE2.00Yes (X)$0$0$0
DUANE M BOULIGNY
TRUSTEE2.00Yes (X)$0$0$0
JOSEPH M CALABRIA JR
TRUSTEE2.00Yes (X)$0$0$0
JOHN A CERVIONE
TRUSTEE2.00Yes (X)$0$0$0
JAMES M CHIRICO JR
TRUSTEE2.00Yes (X)$0$0$0
GREGORY S CHRISTENSON
TRUSTEE2.00Yes (X)$0$0$0
ROBERT J CLARK
TRUSTEE2.00Yes (X)$0$0$0
RUDOLPH CLINE-THOMAS
TRUSTEE2.00Yes (X)$0$0$0
WILLIAM F CONCANNON
TRUSTEE2.00Yes (X)$0$0$0
MAUREEN DAVENPORT CORCORAN
TRUSTEE2.00Yes (X)$0$0$0
JOHN P DAWLEY
TRUSTEE2.00Yes (X)$0$0$0
COLLEEN M DUFFY
BOARD SECRETARY3.00Yes (X)Yes (X)$0$0$0
SUSAN M ESPER
BOARD V CHAIR/AUDIT COMM CHAIR2.00Yes (X)Yes (X)$0$0$0
HENRY C FOLEY
TRUSTEE2.00Yes (X)$0$0$0
RICHARD E GOTHAM
TRUSTEE2.00Yes (X)$0$0$0
V REV ACQUINAS GUILBEAU OP
TRUSTEE2.00Yes (X)$0$0$0
JOHN J HOULIHAN
TRUSTEE2.00Yes (X)$0$0$0
MICHAEL J JOYCE
TRUSTEE2.00Yes (X)$0$0$0
DOUGLAS A KINGSLEY
TRUSTEE2.00Yes (X)$0$0$0
DENNIS J LANGWELL
TRUSTEE2.00Yes (X)$0$0$0
TERESA A LAVOIE
TRUSTEE2.00Yes (X)$0$0$0
VERY REV DARREN PIERRE OP
TRUSTEE2.00Yes (X)$0$0$0
MEGHAN C LYON
TRUSTEE2.00Yes (X)$0$0$0
MARTA V MARTINEZ
TRUSTEE2.00Yes (X)$0$0$0
REV MICHAEL A MASCARI
TRUSTEE2.00Yes (X)$0$0$0
JOHN R MCCARTHY
TRUSTEE2.00Yes (X)$0$0$0
ANDRE E OWENS ESQ
TRUSTEE2.00Yes (X)$0$0$0
VERY REV THOMAS PETRI OP STD
TRUSTEE2.00Yes (X)$0$0$0
KEVIN C PHELAN
TRUSTEE2.00Yes (X)$0$0$0
JOHN J POWERS
TRUSTEE2.00Yes (X)$0$0$0
KEVIN P QUIRK
TRUSTEE2.00Yes (X)$0$0$0
CHRISTOPHER K REILLY
BOARD CHAIR2.00Yes (X)Yes (X)$0$0$0
MEGAN C SMITH
TRUSTEE2.00Yes (X)$0$0$0
MOST REV THOMAS J TOBIN DD
TRUSTEE2.00Yes (X)$0$0$0
CHRISTOPHER F VIRGULAK
TRUSTEE4.00Yes (X)$0$0$0
MARK T VOLL
TRUSTEE2.00Yes (X)$0$0$0
CHRISTOPHER J WALKER
TRUSTEE2.00Yes (X)$0$0$0
MONICA DENISE WOMACK
TRUSTEE2.00Yes (X)$0$0$0
GREGORY WALDRON
SR VP INSTIT. ADVANCEMENT40.00Yes (X)$491,450$0$62,234
STEVEN NAPOLILLO
VP/DIR OF ATHLETICS40.00Yes (X)$467,684$0$59,568
SEAN REID
SR VP ACADEMIC AFFAIRS/PROVOST40.00Yes (X)$377,217$0$62,885
JOHN SWEENEY
SR VP FINANCE & BUSINESS/CFO40.00Yes (X)$377,750$0$62,128
KYLE MCINNIS
SR. ADVISOR TO PRES40.00Yes (X)$384,380$0$45,989
CHRISTOPHER NERONHA
VP & GEN COUNSEL40.00Yes (X)$313,876$0$42,924
STEVEN SEARS
VP STUDENT AFFAIRS40.00Yes (X)$319,666$0$36,360
REV JAMES CUDDY OP
VP MISSION & MINISTRY40.00Yes (X)$0$0$26,753
REV KEVIN D ROBB OP
TREASURER40.00Yes (X)$0$0$10,440
EDWARD COOLEY
MENS BBALL COACH (THRU 3/23)40.00$4,698,511$0$165,876Yes (X)
NATHAN LEAMAN
MENS HOCKEY COACH40.00$677,959$0$109,867Yes (X)
JAMES CROWLEY
WOMEN'S BBALL COACH (THRU 2/23)40.00$454,325$0$62,454Yes (X)
JEFFREY BATTLE
MEN'S BBALL ASSOCIATE HC (THRU 3/23)40.00$406,716$0$42,926Yes (X)
SYLVIA MAXFIELD
DEAN SCHOOL OF BUSINESS40.00$357,096$0$55,045Yes (X)
ROBERT DRISCOLL
VP & DIR OF ATHLETICS (THRU 6/22)40.00$556,369$0$34,711Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$10,297,368TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,002,636TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K255IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FARRAR & ASSOCIATES
31A BRIDGE STREETNEWPORTRI02840CONSTRUCTION MANAGEMENT SERVICES$29,211,629
DIMEO CONSTRUCTION COMPANY
75 CHAPMAN STREETPROVIDENCERI02905CONSTRUCTION SERVICES$19,479,562
SODEXO INC
9801 WASHINGTONIAN BLVDGAITHERSBURGMD20878FOOD SERVICES$13,363,668
UG2 LLC
2 COPLEY PLACE TOWER 2 SUITE 110BOSTONMA02116JANITORIAL SERVICES$5,335,237
SITE TECH CORPORATION
184 BUTTONHOLE DRIVEPROVIDENCERI02909CONSTRUCTION SERVICES$4,203,775
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K93CntrctRcvdGreaterThan100KCnt
Fundraising$972,279FundraisingAmt
Government Grants$9,250,827GovernmentGrantsAmt
All Other Contributions$38,311,423AllOtherContributionsAmt
Noncash Contributions$999,792NoncashContributionsAmt
Total Contributions$48,534,529TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611600$245,764,968$245,764,968
ROOM REVENUE721000$33,851,746$33,851,746
BOARD REVENUE721000$18,943,553$18,943,553
ATHLETICS REVENUE900099$12,093,437$12,093,437
AUXILARY REVENUE721000$108,504$108,504
FieldValueIRS element (for citing)
Total Program Service Revenue$310,762,208TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,095,075TotalRevenueColumnAmt
Unrelated Business Revenue$230,564UnrelatedBusinessRevenueAmt
Exclusion$1,864,511ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$734,376TotalRevenueColumnAmt
Exclusion$734,376ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$240,696RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$203,928RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$36,768RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$36,768TotalRevenueColumnAmt
Exclusion$36,768ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$51,951,838SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$49,931,255SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,020,583SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,020,583TotalRevenueColumnAmt
Exclusion$2,020,583ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$334,075FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$972,279ContriRptFundraisingEventAmt
Fundraising Direct Expenses$605,052FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$270,977TotalRevenueColumnAmt
Exclusion-$270,977ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
GEORGETOWN UNIVERSITY611310$4,000,000$4,000,000
AMP CIVIC CENTER611310$1,000,000$1,000,000
COMMISSIONS611310$822,191$822,191

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,128,285TotalRevenueColumnAmt
Related Or Exempt Func Income$2,110,641RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$283,041UnrelatedBusinessRevenueAmt
Exclusion$734,603ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$8,950,476OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$372,863,038TotalRevenueColumnAmt
Related Or Exempt Func Income$317,872,849RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$513,605UnrelatedBusinessRevenueAmt
Exclusion$5,942,055ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$82,545TotalAmt
Program Services$82,545ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$94,362,394TotalAmt
Program Services$94,362,394ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$4,293,660TotalAmt
Program Services$1,805,031ProgramServicesAmt
Management And General$1,999,432ManagementAndGeneralAmt
Fundraising$489,197FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$48,515TotalAmt
Program Services$48,515ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$96,280,530TotalAmt
Program Services$70,484,170ProgramServicesAmt
Management And General$22,784,255ManagementAndGeneralAmt
Fundraising$3,012,105FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$8,474,741TotalAmt
Program Services$6,157,237ProgramServicesAmt
Management And General$1,990,348ManagementAndGeneralAmt
Fundraising$327,156FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$15,498,479TotalAmt
Program Services$11,252,872ProgramServicesAmt
Management And General$3,637,530ManagementAndGeneralAmt
Fundraising$608,077FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$7,373,961TotalAmt
Program Services$5,346,399ProgramServicesAmt
Management And General$1,728,242ManagementAndGeneralAmt
Fundraising$299,320FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$113,626TotalAmt
Management And General$113,626ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$289,125TotalAmt
Management And General$289,125ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$27,000TotalAmt
Program Services$20,404ProgramServicesAmt
Management And General$6,596ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$147,450TotalAmt
Fundraising$147,450FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$2,496,771TotalAmt
Management And General$2,496,771ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$9,703,455TotalAmt
Program Services$7,212,022ProgramServicesAmt
Management And General$2,331,311ManagementAndGeneralAmt
Fundraising$160,122FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$600,321TotalAmt
Program Services$453,670ProgramServicesAmt
Management And General$146,651ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,785,649TotalAmt
Program Services$2,044,675ProgramServicesAmt
Management And General$660,949ManagementAndGeneralAmt
Fundraising$80,025FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,240,310TotalAmt
Program Services$3,960,171ProgramServicesAmt
Management And General$1,280,139ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,933,759TotalAmt
Program Services$4,484,219ProgramServicesAmt
Management And General$1,449,540ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,332,784TotalAmt
Program Services$1,485,767ProgramServicesAmt
Management And General$480,280ManagementAndGeneralAmt
Fundraising$366,737FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$7,226,074TotalAmt
Program Services$5,460,839ProgramServicesAmt
Management And General$1,765,235ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$25,273,350TotalAmt
Program Services$19,055,227ProgramServicesAmt
Management And General$6,159,669ManagementAndGeneralAmt
Fundraising$58,454FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,775,934TotalAmt
Program Services$1,342,097ProgramServicesAmt
Management And General$433,837ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD SERVICE$15,662,285$15,420,294$162,072$79,919
BUILDING AND GROUND MAI$12,875,093$9,729,876$3,145,217
ATHLETICS GAMES & SUPPL$6,343,832$6,343,832
RENTALS$2,878,602$2,175,397$703,205

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$21,551,706TotalAmt
Program Services$17,867,927ProgramServicesAmt
Management And General$3,228,557ManagementAndGeneralAmt
Fundraising$455,222FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$349,671,951TotalAmt
Program Services$286,595,580ProgramServicesAmt
Management And General$56,992,587ManagementAndGeneralAmt
Fundraising$6,083,784FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$28,480,795BOYAmt
EOY$38,351,616EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,547,658BOYAmt
EOY$28,661,706EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$8,040,936BOYAmt
EOY$5,046,851EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,386,590BOYAmt
EOY$1,589,041EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$985,151,941LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$404,276,288LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$502,143,733BOYAmt
EOY$580,875,653EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$62,827,777BOYAmt
EOY$47,396,321EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$274,160,723BOYAmt
EOY$336,822,280EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,345,842BOYAmt
EOY$5,514,813EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$896,934,054BOYAmt
EOY$1,044,258,281EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$32,192,660BOYAmt
EOY$31,020,500EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$15,634,168BOYAmt
EOY$15,152,309EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$193,560,440BOYAmt
EOY$309,947,104EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,572,122BOYAmt
EOY$3,168,269EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$244,959,390BOYAmt
EOY$359,288,182EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$407,605,777BOYAmt
EOY$412,523,354EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$244,368,887BOYAmt
EOY$272,446,745EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$651,974,664BOYAmt
EOY$684,970,099EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$896,934,054BOYAmt
EOY$1,044,258,281EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$23,191,087ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$10,252,259NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$447,911OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)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$21,325,239CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$20,466,943CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30,238,417CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,057,188CurrentTaxYearMinus1YearAmt
Current Tax Year$48,534,529CurrentTaxYearAmt
Total$157,622,316TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,325,239CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$20,466,943CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30,238,417CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,057,188CurrentTaxYearMinus1YearAmt
Current Tax Year$48,534,529CurrentTaxYearAmt
Total$157,622,316TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,298,934SubstantialContributorsTotAmt
Public Support Total170$152,323,382PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,602,290CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,683,035CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,850,302CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,759,522CurrentTaxYearMinus1YearAmt
Current Tax Year$2,839,583CurrentTaxYearAmt
Total$14,734,732TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$155,640CurrentTaxYearMinus1YearAmt
Current Tax Year$41,894CurrentTaxYearAmt
Total$197,534TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,670,789CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,679,709CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,808,090CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,336,978CurrentTaxYearMinus1YearAmt
Current Tax Year$9,001,510CurrentTaxYearAmt
Total$22,497,076TotalAmt
FieldValueIRS element (for citing)
Total Support$195,051,658TotalSupportAmt
Gross Receipts Rltd Activities$1,430,640,383GrossReceiptsRltdActivitiesAmt
Public Support CY1700.78090PublicSupportCY170Pct
Public Support PY1700.79200PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationPART VIII LINE 11A - 2018 AMOUNT: $ 807,426. 2019 AMOUNT: $ 728,526. 2020 AMOUNT: $ 809,164. 2021 AMOUNT: $ 1,030,592. 2022 AMOUNT: $ 4,000,000. PART VIII LINE 11B - 2018 AMOUNT: $ 522,858. 2019 AMOUNT: $ 379,423. 2020 AMOUNT: $ 429,504. 2021 AMOUNT: $ 500,147. 2022 AMOUNT: $ 1,000,000. PART VIII LINE 11C - 2020 AMOUNT: $ 333,334. 2021 AMOUNT: $ 655,555. 2022 AMOUNT: $ 822,191. PART VIII LINE 11D - 2018 AMOUNT: $ 2,133,984. 2019 AMOUNT: $ 1,445,260. 2020 AMOUNT: $ 902,668. 2021 AMOUNT: $ 1,848,212. 2022 AMOUNT: $ 2,845,244. PART VIII LINE 8A - 2018 AMOUNT: $ 206,521. 2019 AMOUNT: $ 126,500. 2020 AMOUNT: $ 333,420. 2021 AMOUNT: $ 302,472. 2022 AMOUNT: $ 334,075.ExplanationTxt

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 C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$27,000OtherActivitiesAmt
Total Lobbying Expenditures$27,000TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationPROVIDENCE COLLEGE PAYS ADVOCACY SOLUTIONS & POLICASTRO GROUP LLC TO SUPPORT INITIATIVES OF THE COLLEGE WHICH INCLUDE LOBBYING ACTIVITIES.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$316,898,374BeginningYearBalanceAmt
Contributions$8,052,763ContributionsAmt
Investment Earnings Or Losses$11,065,614InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,018,388GrantsOrScholarshipsAmt
Other Expenditures$8,351,056OtherExpendituresAmt
End Year Balance$321,647,307EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$320,617,453BeginningYearBalanceAmt
Contributions$37,506,942ContributionsAmt
Investment Earnings Or Losses-$28,313,175InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,335,698GrantsOrScholarshipsAmt
Other Expenditures$7,577,148OtherExpendituresAmt
End Year Balance$316,898,374EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$231,720,254BeginningYearBalanceAmt
Contributions$7,254,132ContributionsAmt
Investment Earnings Or Losses$93,810,553InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,187,862GrantsOrScholarshipsAmt
Other Expenditures$6,979,624OtherExpendituresAmt
End Year Balance$320,617,453EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$234,228,360BeginningYearBalanceAmt
Contributions$4,050,089ContributionsAmt
Investment Earnings Or Losses$4,083,127InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,929,874GrantsOrScholarshipsAmt
Other Expenditures$5,711,448OtherExpendituresAmt
End Year Balance$231,720,254EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$238,528,635BeginningYearBalanceAmt
Contributions$10,626,654ContributionsAmt
Investment Earnings Or Losses$8,696,420InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,757,585GrantsOrScholarshipsAmt
Other Expenditures$18,865,764OtherExpendituresAmt
End Year Balance$234,228,360EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.30000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.40000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.30000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,575,655OtherCostOrOtherBasisAmt
Book Value$5,575,655BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$796,121,382OtherCostOrOtherBasisAmt
Depreciation$321,899,938DepreciationAmt
Book Value$474,221,444BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$94,344,717OtherCostOrOtherBasisAmt
Depreciation$75,391,433DepreciationAmt
Book Value$18,953,284BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$89,110,187OtherCostOrOtherBasisAmt
Depreciation$6,984,917DepreciationAmt
Book Value$82,125,270BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$580,875,653TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
LIMITED PARTNERSHIPS$110,340,595F
HEDGE FUNDS$165,911,393F
OTHER INVESTMENTS$800,000F
DEPOSITS WITH TRUSTEES$59,770,292F
FieldValueIRS element (for citing)
Total Book Value Securities$336,822,280TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
ACCRUED INTEREST PAYABLE$2,183,519
REFUNDABLE ADVANCE-GOVT GRANT$984,750
FieldValueIRS element (for citing)
Total Liability$3,168,269TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$382,660,955TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$10,252,259NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$1,681,360DonatedServicesAndUseFcltsAmt
Other Revenue-$447,911OtherRevenueAmt
Revenue Not Reported$11,485,708RevenueNotReportedAmt
Revenue Subtotal$371,175,247RevenueSubtotalAmt
Investment Expenses Not Incld$2,496,771InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$808,980OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,687,791RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$372,863,038TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$349,665,520TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$1,681,360DonatedServicesUseFcltsAmt
Other Expenses Included$808,980OtherExpensesIncludedAmt
Expenses Not Reported$2,490,340ExpensesNotReportedAmt
Expenses Subtotal$347,175,180ExpensesSubtotalAmt
Investment Expenses Not Incld2$2,496,771InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$2,496,771ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$349,671,951TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE INTENDED USE OF THE COLLEGE'S ENDOWMENT IS TO FUND STUDENT SCHOLARSHIPS AND PROJECTS.
PART X, LINE 2:THE COLLEGE IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE, AS AMENDED. ACCORDINGLY, IT IS GENERALLY NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. THE COLLEGE BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:PROVISION FOR DOUBTFUL PLEDGES -462,693. POST RETIREMENT BENEFIT OBLIGATION 14,782.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES -605,052. RENTAL EXPENSES -203,928.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES 605,052. RENTAL EXPENSES 203,928.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3NONDISCRIMINATORY POLICY THE COLLEGE ANNUALLY PUBLISHES A NOTICE OF ITS RACIALLY NONDISCRIMINATORY POLICY IN A NEWSPAPER OF GENERAL CIRCULATION THAT SERVES ALL RACIAL SEGMENTS OF THE COMMUNITY. ALSO, THE COLLEGE'S NONDISCRIMINATION POLICY IS AVAILABLE ON THE COLLEGE'S WEBSITE.
GOVERNMENT AID OR ASSISTANCE - LINE 6AGOVERNMENT AID OR ASSISTANCE THE COLLEGE PARTICIPATES IN VARIOUS GOVERNMENTAL ASSISTANCE PROGRAMS INCLUDING THE FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS AND FEDERAL WORK STUDY PROGRAM.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA/CARRIBEAN00INVESTMENTS$111,870,203
EUROPE00INVESTMENTS$5,344,481
CENTRAL AMERICA/CARRIBEAN00PROGRAM SERVICES$44,465EDUCATIONAL ACTIVITES
EAST ASIA & THE PACIFIC00PROGRAM SERVICES$86,636EDUCATIONAL ACTIVITES
EUROPE00PROGRAM SERVICES$5,243,405EDUCATIONAL ACTIVITES
MIDDLE EAST & NORTH AFRICA00PROGRAM SERVICES$27,311EDUCATIONAL ACTIVITES
NORTH AMERICA00PROGRAM SERVICES$67,982EDUCATIONAL ACTIVITES
SOUTH AMERICA00PROGRAM SERVICES$41,059EDUCATIONAL ACTIVITES
SUB-SAHARAN AFRICA00PROGRAM SERVICES$14,725EDUCATIONAL ACTIVITES
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$122,725,542SubtotalSpentAmt
Continuation Spent$14,725ContinuationSpentAmt
Total Spent$122,740,267TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3:EXPENDITURES EXPENDITURES IN COLUMN (F) ARE BASED ON THE ACCRUAL METHOD OF ACCOUNTING.
PART III ACCOUNTING METHOD:

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1EABBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 603519AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28260ZIPCd
FieldValueIRS element (for citing)
ActivityMAIL & EMAIL SOLICITATIONActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$455,929GrossReceiptsAmt
Retained By Contractor$147,450RetainedByContractorAmt
Net To Organization$308,479NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$455,929TotalGrossReceiptsAmt
Total Retained By Contractors$147,450TotalRetainedByContractorsAmt
Total Net To Organization$308,479TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesAZLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDELicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesIDLicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesINLicensedStatesCd
Licensed StatesIALicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesMTLicensedStatesCd
Licensed StatesNELicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesSDLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesTXLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd
Licensed StatesWYLicensedStatesCd
Licensed StatesDCLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1MBB FALL VISION CUPEvent1Nm
Gross Receipts Event1$281,500GrossReceiptsEvent1Amt
Charitable Contri Event1$197,500CharitableContriEvent1Amt
Gross Revenue Event1$84,000GrossRevenueEvent1Amt
Cash Prizes Event1$2,000CashPrizesEvent1Amt
Rent Facility Costs Event1$87,359RentFacilityCostsEvent1Amt
Food And Beverage Event1$18,538FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$13,278OtherDirectExpensesEvent1Amt
Event2MBB SPRING VISION CUPEvent2Nm
Gross Receipts Event2$245,151GrossReceiptsEvent2Amt
Charitable Contri Event2$176,351CharitableContriEvent2Amt
Gross Revenue Event2$68,800GrossRevenueEvent2Amt
Cash Prizes Event2$1,000CashPrizesEvent2Amt
Rent Facility Costs Event2$69,565RentFacilityCostsEvent2Amt
Food And Beverage Event2$228FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$30,129OtherDirectExpensesEvent2Amt
Other Events Total6OtherEventsTotalCnt
Gross Receipts Other Events$779,703GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$598,428CharitableContriOtherEventsAmt
Gross Revenue Other Events$181,275GrossRevenueOtherEventsAmt
Cash Prizes Other Events$3,900CashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$185,918RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$49,355FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$143,782OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,306,354GrossReceiptsTotalAmt
Charitable Contributions Tot$972,279CharitableContributionsTotAmt
Gross Revenue Total Events$334,075GrossRevenueTotalEventsAmt
Cash Prizes Total Events$6,900CashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$342,842RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$68,121FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$187,189OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$605,052DirectExpenseSummaryEventsAmt
Net Income Summary-$270,977NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2FormAndLineReferenceDesc
ExplanationFUNDRAISING ACTIVITIES PROVIDENCE COLLEGE HAS A WRITTEN AGREEMENT WITH EAB A PROFESSIONAL FUNDRAISER, WHEREBY EAB PROVIDED MAILING & EMAILING AND EMAILING SERVICES. THE AGREEMENT CALLS FOR A MONTHLY PAYMENT OF AN AGREED UPON FEE, PLUS REIMBURSEMENT OF COSTS SUCH AS PRINTING, POSTAGE, SUPPLIES ETC. EAB BILLS PROVIDENCE COLLEGE SEPARATELY FOR THESE COSTS. PROVIDENCE COLLEGE PAID EAB $147,450.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
A WISH COME TRUE
6 JEFFERSON DRIVECOVENTRYRI02816050398808501(C)(3)$8,400$0GENERAL SUPPORT
GLORIA GEMMA BREAST CANCER
1 WELLINGTON ROADLINCOLNRI02865134283582501(C)(3)$20,000$0GENERAL SUPPORT
OPERATION STAND DOWN RHODE ISLAND
1010 HARTFORD AVENUEJOHNSTONRI02919050475772501(C)(3)$15,000$0GENERAL SUPPORT
SPECIAL OLYMPICS RHODE ISLAND
370 GEORGE WASHINGTON HIGHWAYSMITHFIELDRI02917050377867501(C)(3)$9,000$0GENERAL SUPPORT
WEST END COMMUNITY CENTER
109 BUCKLIN STREETPROVIDENCERI02907510201816501(C)(3)$15,000$0GENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org5Total501c3OrgCnt

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

Grant TypeGrantTypeTxtRecipientRecipientCntNon Cash AssistanceNonCashAssistanceAmt
FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT300$1,194,000
ATHLETIC SCHOLARSHIPS286$11,526,853
STUDENT SCHOLARSHIPS & FINANCIAL AID2771$81,641,541

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2FormAndLineReferenceDesc
ExplanationMONITOR THE USE OF GRANT FUNDS IN THE U.S. THE COLLEGE MONITORS THE USE OF GRANT FUNDS IN VARIOUS WAYS INCLUDING OBTAINING REPORTS FROM THE ORGANIZATIONS OUTLINING THE ACTIVITIES SUPPORTED BY GRANTS, MEETING REGULARLY WITH THE ORGANIZATIONS, AND VISITING ORGANIZATIONS TO OBSERVE ACTIVITIES ON A FIRST HAND BASIS. THE OFFICE OF FINANCIAL AID MONITORS FEDERAL GRANT FUNDS USING BANNER REPORTING TOOLS TO TRACK THE LEVEL OF AMOUNTS PAID FOR ALL TITLE IV GRANTS AND INSTITUTIONAL GRANTS. AMOUNTS ARE RECONCILED TO THE STUDENT ACCOUNT SYSTEM TO ENSURE FUNDS ARE PROPERLY DISBURSED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
EDWARD COOLEY
MENS BBALL COACH (THRU 3/23)$3,348,218$0$1,147,500$0$202,793$0$130,500$0$35,376$0$4,864,387$0$0$0
NATHAN LEAMAN
MENS HOCKEY COACH$575,942$0$77,500$0$24,517$0$80,500$0$29,367$0$787,826$0$0$0
ROBERT DRISCOLL
VP & DIR OF ATHLETICS (THRU 6/22)$201,367$0$97,503$0$257,499$0$22,501$0$12,210$0$591,080$0$0$0
GREGORY WALDRON
SR VP INSTIT. ADVANCEMENT$399,103$0$0$0$92,347$0$30,500$0$31,734$0$553,684$0$0$0
STEVEN NAPOLILLO
VP/DIR OF ATHLETICS$322,081$0$102,156$0$43,447$0$30,500$0$29,068$0$527,252$0$0$0
JAMES CROWLEY
WOMEN'S BBALL COACH (THRU 2/23)$382,566$0$58,425$0$13,334$0$30,500$0$31,954$0$516,779$0$0$0
ANN MANCHESTER-MOLAK
EVP & TRUSTEE$402,519$0$0$0$11,850$0$30,500$0$23,966$0$468,835$0$0$0
JEFFREY BATTLE
MEN'S BBALL ASSOCIATE HC (THRU 3/23)$289,126$0$75,000$0$42,590$0$30,500$0$12,426$0$449,642$0$0$0
SEAN REID
SR VP ACADEMIC AFFAIRS/PROVOST$368,217$0$0$0$9,000$0$30,500$0$32,385$0$440,102$0$0$0
JOHN SWEENEY
SR VP FINANCE & BUSINESS/CFO$362,782$0$0$0$14,968$0$30,500$0$31,628$0$439,878$0$0$0
KYLE MCINNIS
SR. ADVISOR TO PRES$351,376$0$0$0$33,004$0$15,651$0$30,338$0$430,369$0$0$0
SYLVIA MAXFIELD
DEAN SCHOOL OF BUSINESS$353,676$0$0$0$3,420$0$30,500$0$24,545$0$412,141$0$0$0
CHRISTOPHER NERONHA
VP & GEN COUNSEL$304,726$0$0$0$9,150$0$30,500$0$12,424$0$356,800$0$0$0
STEVEN SEARS
VP STUDENT AFFAIRS$288,176$0$0$0$31,490$0$30,500$0$5,860$0$356,026$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ACHARTER TRAVEL, HOUSING ALLOWANCE, AND HEALTH OR SOCIAL CLUB DUES THE FOLLOWING LISTED BENEFITS WERE PROVIDED BY THE COLLEGE DURING CALENDAR YEAR 2022. LISTED BENEFITS TO EMPLOYEES CEASE UPON THEIR TERMINATION DATE. EDWARD COOLEY, THE MENS BASKETBALL COACH TRAVELS ON CHARTER FLIGHTS AS PART OF HIS COACHING RESPONSIBILITIES. THE COLLEGE'S PRESIDENT, REV. KENNETH R. SICARD, OP WAS PROVIDED WITH ON CAMPUS HOUSING. THE HOUSING WAS EXCLUDED FROM THE INCOME OF REV. KENNETH R. SICARD, OP, AS IT MEETS THE EXCEPTION UNDER INTERNAL REVENUE CODE SECTION 119(D). THE COLLEGE'S PRESIDENT, REV. KENNETH R. SICARD, OP, NATHAN LEAMAN, HOCKEY COACH, GREGORY WALDRON, SR VP OF INSTITUTIONAL ADVANCEMENT, STEVEN NAPOLILLO, VP & DIRECTOR OF ATHLETICS, AND EDWARD COOLEY, MEN'S BASKETBALL COACH, WERE PROVIDED WITH SOCIAL CLUB MEMBERSHIPS PAID BY THE COLLEGE. THE MEMBERSHIP DUES PAID BY THE COLLEGE FOR REV. KENNETH R. SICARD, OP WAS EXCLUDED FROM HIS INCOME AS AN ORDINARY AND NECESSARY BUSINESS EXPENSE UNDER INTERNAL REVENUE CODE SECTION 162. THE MEMBERSHIP DUES PAID BY THE COLLEGE FOR NATHAN LEAMAN, GREGORY WALDRON, STEVEN NAPOLILLO, AND EDWARD COOLEY ARE TAXABLE TO THE INDIVIDUALS AND INCLUDED IN THEIR FORM W-2. THESE AMOUNTS HAVE BEEN REPORTED IN FORM 990, PART VII AND ON SCHEDULE J.
PART I, LINE 4B4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN CERTAIN HIGHLY COMPENSATED EMPLOYEES PARTICIPATE IN A NONQUALIFIED 457(F) PLAN: CONTRIBUTIONS MADE: EDWARD COOLEY $100,000 NATHAN LEAMAN $50,000

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
RI HEALTH & EDUCATIONAL BLDG CORP - SERIES 2023
A521300173762197M322023-04-26$125,895,414CONSTRUCTION000
RI HEALTH & EDUCATIONAL BLDG CORP - SERIES 2021B
B521300173762197H202021-08-03$31,450,320REFUNDING OF 2012 A BONDS000
RI HEALTH & EDUCATIONAL BLDG CORP - SERIES 2021A
C521300173762197E642021-06-09$24,867,188CONSTRUCTION000
RI HEALTH & EDUCATIONAL BLDG CORP - SERIES 2017
D521300173762197UW92017-03-29$50,394,917CONSTRUCTION000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtUnspentUnspentAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndRetiredRetiredAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYr
A$126,199,717$837,747$65,597,927$59,764,043000Yes (1)
B$31,450,359$222,503Yes (1)0Yes (1)Yes (1)$770,000$31,227,8562022
C$24,868,181$252,598$24,614,59000Yes (1)Yes (1)$9932022
D$50,729,305$376,819$50,352,20900Yes (1)Yes (1)$2772019

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndEngage Bond Counsel ContractsEngageBondCounselContractsInd
A000000Yes (1)
B00Yes (1)000Yes (1)Yes (1)
C00Yes (1)000Yes (1)Yes (1)
D00Yes (1)000Yes (1)Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A0Yes (1)000000Yes (1)
B000Yes (1)0000Yes (1)
C000Yes (1)0000Yes (1)
D000Yes (1)0000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II, LINE 3, BOND ISSUE ATHE DIFFERENCE BETWEEN TOTAL PROCEEDS IN PART II, LINE 3 AND THE ISSUE PRICE OF THE BOND ISSUE IS INVESTMENT EARNINGS OF $304,303
PART II, LINE 3, BOND ISSUE BTHE DIFFERENCE BETWEEN TOTAL PROCEEDS IN PART II, LINE 3 AND THE ISSUE PRICE OF THE BOND ISSUE IS INVESTMENT EARNINGS OF $39
PART II, LINE 3, BOND ISSUE CTHE DIFFERENCE BETWEEN TOTAL PROCEEDS IN PART II, LINE 3 AND THE ISSUE PRICE OF THE BOND ISSUE IS INVESTMENT EARNINGS OF $993
PART II, LINE 3, BOND ISSUE DTHE DIFFERENCE BETWEEN TOTAL PROCEEDS IN PART II, LINE 3 AND THE ISSUE PRICE OF THE BOND ISSUE IS INVESTMENT EARNINGS OF $334,388
PART II, LINE 3, BOND ISSUE ETHE DIFFERENCE BETWEEN TOTAL PROCEEDS IN PART II, LINE 3 AND THE ISSUE PRICE OF THE BOND ISSUE IS INVESTMENT EARNINGS OF $50,214
PART II, LINE 3, BOND ISSUE FTHE DIFFERENCE BETWEEN TOTAL PROCEEDS IN PART II, LINE 3 AND THE ISSUE PRICE OF THE BOND ISSUE IS INVESTMENT EARNINGS OF $550
PART IV, LINE 2CTHE REBATE COMPUTATION DATE FOR THE SERIES 2021B BOND ISSUE WAS 5/31/2023 THE REBATE COMPUTATION DATE FOR THE SERIES 2021A BOND ISSUE WAS 5/31/2023 THE REBATE COMPUTATION DATE FOR THE SERIES 2017 BOND ISSUE WAS 3/31/2023 THE REBATE COMPUTATION DATE FOR THE SERIES 2015 BOND ISSUE WAS 6/30/2023 THE REBATE COMPUTATION DATE FOR THE SERIES 2012B BOND ISSUE WAS 11/20/2022

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
RI HEALTH & EDUCATIONAL BLDG CORP - SERIES 2015
A521300173762197RZ62015-07-16$51,061,015REFUND 2008 BONDS & CONSTRUCTION000
RI HEALTH & EDUCATIONAL BLDG CORP - SERIES 2012B
B521300173762197LS82012-11-20$40,616,916ADVANCE REFUNDING OF 2003A BONDS000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$14,975,000$51,111,229$375,619$35,253,587$15,482,0232017Yes (1)0Yes (1)Yes (1)
B$25,925,000$40,617,466$234,178$40,383,28820140Yes (1)Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00Yes (1)Yes (1)000Yes (1)
B00Yes (1)Yes (1)000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A000Yes (1)0000Yes (1)
B000Yes (1)0000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Cash Grant$26,895CashGrantAmt
Type Of AssistanceTUITIONTypeOfAssistanceTxt
Assistance PurposeTUITION REMISSION GRAssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARGARET MANCHESTERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionFAMILY MEMBER OF OFFICER/TRUSTEERelationshipDescriptionTxt
Transaction$48,515TransactionAmt
TransactionCOMPENSATIONTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution69ContributionCnt
Noncash Contributions Rpt F990$879,057NoncashContributionsRptF990Amt
Method Of Determining RevenuesSELLING PRICEMethodOfDeterminingRevenuesTxt

Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$17,255NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Collectibles CollectiblesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$19,300NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescMISCELLANEOUSDesc
Contribution42ContributionCnt
Noncash Contributions Rpt F990$84,180NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationCONTRIBUTIONS THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1ORGANIZATION'S MISSION PROVIDENCE COLLEGE IS A CATHOLIC, DOMINICAN, LIBERAL ARTS INSTITUTION OF HIGHER EDUCATION AND A COMMUNITY COMMITTED TO ACADEMIC EXCELLENCE IN PURSUIT OF THE TRUTH, GROWTH IN VIRTUE, AND SERVICE OF GOD AND NEIGHBOR. HISTORY PROVIDENCE COLLEGE WAS FOUNDED IN 1917 BY THE DOMINICAN FRIARS AT THE INVITATION OF BISHOP HARKINS TO PROVIDE A CATHOLIC EDUCATION IN THE ARTS AND SCIENCES. FAITH AND REASON PROVIDENCE COLLEGE IS CONFIDENT IN THE APPEAL OF REASON, BELIEVES THAT HUMAN BEINGS ARE DISPOSED TO KNOW THE TRUTH, AND TRUSTS IN THE POWER OF GRACE TO ENLIGHTEN MINDS, OPEN HEARTS, AND TRANSFORM LIVES. PROVIDENCE COLLEGE MAINTAINS THAT THE PURSUIT OF TRUTH HAS INTRINSIC VALUE, THAT FAITH AND REASON ARE COMPATIBLE AND COMPLEMENTARY MEANS TO ITS DISCOVERY, AND THAT THE SEARCH FOR TRUTH IS THE BASIS FOR DIALOGUE WITH OTHERS AND CRITICAL ENGAGEMENT WITH THE WORLD. ACADEMIC EXCELLENCE PROVIDENCE COLLEGE IS COMMITTED TO ACADEMIC EXCELLENCE, AND HOLDS ITSELF TO THE HIGHEST STANDARDS IN TEACHING, LEARNING, AND SCHOLARSHIP. ITS CORE CURRICULUM ADDRESSES KEY QUESTIONS OF HUMAN EXISTENCE, INCLUDING LIFE'S MEANING AND PURPOSE, AND STRESSES THE IMPORTANCE OF MORAL AND ETHICAL REASONING, AESTHETIC APPRECIATION, AND UNDERSTANDING THE NATURAL WORLD, OTHER CULTURES, AND DIVERSE TRADITIONS. PROVIDENCE COLLEGE HONORS ACADEMIC FREEDOM, PROMOTES CRITICAL THINKING AND ENGAGED LEARNING, AND ENCOURAGES A PEDAGOGY OF DISPUTED QUESTIONS. COMMUNITY AND DIVERSITY PROVIDENCE COLLEGE SEEKS TO REFLECT THE RICH DIVERSITY OF THE HUMAN FAMILY. FOLLOWING THE EXAMPLE OF ST. DOMINIC, WHO EXTENDED A LOVING EMBRACE TO ALL, IT WELCOMES QUALIFIED MEN AND WOMEN OF EVERY BACKGROUND AND AFFIRMS THE GOD-GIVEN DIGNITY, FREEDOM, AND EQUALITY OF EACH PERSON. PROVIDENCE COLLEGE PROMOTES THE COMMON GOOD, THE HUMAN FLOURISHING OF EACH MEMBER OF THE CAMPUS COMMUNITY, AND SERVICE OF NEIGHBOURS NEAR AND FAR. VERITAS AND PROVIDENCE PROVIDENCE COLLEGE BRINGS THE EIGHT-HUNDRED-YEAR-OLD DOMINICAN IDEAL OF VERITAS TO THE ISSUES AND CHALLENGES OF TODAY. IT SEEKS TO SHARE THE FRUITS OF CONTEMPLATION IN AN INCREASINGLY GLOBAL AND DIVERSE SOCIETY, AND TO PRAISE AND BLESS ALL THAT IS GOOD AND VITAL IN HUMAN ENDEAVORS. PROVIDENCE COLLEGE SUPPORTS THE DOMINICAN MISSION OF PREACHING THE GOSPEL OF JESUS CHRIST TO A NEW GENERATION OF STUDENTS AND HELPING THEM DISCOVER GOD'S PROVIDENCE IN THEIR LIVES.
PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:PROVIDENCE COLLEGE OFFERS UNDERGRADUATE DEGREES, GRADUATE DEGREES, AND CERTIFICATE PROGRAMS. COMMITTED TO ACADEMIC EXCELLENCE, THE COLLEGE'S CORE CURRICULUM ADDRESSES KEY QUESTIONS OF HUMAN EXISTANCE, INCLUDING LIFE'S MEANING AND PURPOSE, AND STRESSES THE IMPORTANCE OF MORAL AND ETHICAL REASONING, AESTHETIC APPRECIATION, AND UNDERSTANDING THE NATURAL WORLD, OTHER CULTURES, AND DIVERSE TRADITIONS. PROVIDENCE COLLEGE HONORS ACADEMIC FREEDOM, PROMOTES CRITICAL THINKING AND ENGAGED LEARNING, AND ENCOURAGES A PEDAGOGY OF DISPUTED QUESTIONS. THE COLLEGE OFFERS APPROXIMATELY 50 MAJOR FIELDS OF STUDY. THE STUDENT/FACULTY RATIO IS 11:1 AND THE AVERAGE CLASS SIZE IS 20. THE COLLEGE IS ACCREDITED BY THE NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES AND THE AACSB INTERNATIONAL, AMONG OTHER ACCREDITING BODIES. APPROXIMATELY 4,700 STUDENTS WERE ENROLLED IN THE UNDERGRADUATE, GRADUATE AND CONTINUING EDUCATION PROGRAMS.
FORM 990, PART VI, SECTION A, LINE 4IN JUNE 2023, THE ORGANIZATION AMENDED ITS BYLAWS TO INCREASE THE MAXIMUM SIZE OF THE TRUSTEE MEMBERSHIP FROM FORTY TO FORTY-FIVE.
FORM 990, PART VI, SECTION A, LINE 612-MEMBER CORPORATION PROVIDENCE COLLEGE'S GOVERNING BODY IS A TWO-TIER STRUCTURE: A CORPORATION AND A BOARD OF TRUSTEES. THE 12-MEMBER CORPORATION IS THE BODY THAT HAS THE ULTIMATE AUTHORITY TO EXERCISE CONTROL OVER OWNERSHIP OF PROPERTY, TO PROMULGATE AND AMEND THE BY-LAWS, TO ACCEPT OR REJECT THE RECOMMENDATION FOR ELECTION TO THE PRESIDENCY OF THE COLLEGE BY THE BOARD OF TRUSTEES, AND TO ELECT MEMBERS OF THE CORPORATION AND OF THE BOARD OF TRUSTEES. THE CORPORATION IS COMPRISED OF FIVE EX OFFICIO MEMBERS AND SEVEN OTHER INDIVIDUALS ELECTED BY THE CORPORATION, FOUR DOMINICAN FRIARS AND THREE LAY PERSONS. THE EX OFFICIO MEMBERS ARE: (I) THE PROVINCIAL OF THE PROVINCE OF ST. JOSEPH, THE ELECTED LEADER OF THE DOMINICAN ORDER FOR THE EASTERN REGION OF THE UNITED STATES; (II) THE ROMAN CATHOLIC BISHOP OF THE DIOCESE OF PROVIDENCE; (III) THE PRESIDENT OF THE COLLEGE; (IV) THE CHAIRPERSON OF THE BOARD OF TRUSTEES; AND (V) THE VICE-CHAIRPERSON OF THE BOARD OF TRUSTEES. THE TERMS OF OFFICE OF THE BISHOP, THE PRESIDENT, THE PROVINCIAL, THE CHAIRPERSON OF THE BOARD OF TRUSTEES AND THE VICE-CHAIRPERSON OF THE BOARD OF TRUSTEES ARE CO-TERMINUS WITH THE RESPECTIVE INCUMBENCY OF EACH. THE TERM OF ALL OTHER MEMBERS IS THREE YEARS.
FORM 990, PART VI, SECTION A, LINE 7ASEE DESCRIPTION PROVIDED FOR FORM 990, PART VI, LINE 6
FORM 990, PART VI, SECTION A, LINE 7BSEE DESCRIPTION PROVIDED FOR FORM 990, PART VI, LINE 6
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW PROCESS THE FORM 990 WILL BE COMPLETED ANNUALLY. MEMBERS OF THE AUDIT COMMITTEE WILL REVIEW THE FORM 990 WITH THE COLLEGE'S PRESIDENT, EXECUTIVE VICE PRESIDENT, SR. VICE PRESIDENT FOR FINANCE & BUSINESS/CFO, AND CONTROLLER. AT THE DISCRETION OF THE AUDIT COMMITTEE CHAIR, THE THIRD PARTY PREPARER OF THE FORM 990 MAY BE ASKED TO ATTEND. ANY NECESSARY CHANGE, IDENTIFIED THROUGH THE REVIEW PROCESS, WILL BE MADE TO THE ORIGINALLY SUBMITTED FORM 990. THIS UPDATED VERSION OF THE FORM 990 WILL BE CONSIDERED APPROVED FOR FILING. IT WILL BE SIGNED BY THE SR. VICE PRESIDENT FOR FINANCE & BUSINESS/CFO, DATED, AND SUBMITTED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED, VIA POSTING ON THE TRUSTEES ONLY AREA OF THE COLLEGE WEBSITE, TO ALL OF THE OFFICERS AND TRUSTEES BEFORE THE RETURN IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY ALL OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUAL INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ALL CONFLICT OF INTEREST DISCLOSURE FORMS ARE REVIEWED BY THE COLLEGE'S GENERAL COUNSEL, THE CHAIRPERSON OF THE AUDIT COMMITTEE, AND A DESIGNEE OF THE CORPORATION. ISSUES ARISING UNDER THE APPLICATION OF THIS POLICY SHALL BE RESOLVED BY THE BOARD OF TRUSTEES OR THE EXECUTIVE COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION POLICY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS THE POLICIES, PROGRAMS, AND TOTAL COMPENSATION FOR EXECUTIVES TO ENSURE COMPLIANCE WITH FEDERAL REGULATIONS CONCERNING EXECUTIVE COMPENSATION IN NON-PROFIT ORGANIZATIONS. COMPETITIVE SURVEY DATA IS COLLECTED, ANALYZED, AND SUMMARIZED BY THE SENIOR ASSOCIATE VICE PRESIDENT FOR HUMAN RESOURCES AND IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. SALARIES ARE BASED UPON THE EXECUTIVE'S SCOPE, SIZE, AND COMPLEXITY OF RESPONSIBILITIES AS WELL AS PERFORMANCE AGAINST GOALS AND OBJECTIVES. THIS PROCESS IS USED TO ESTABLISH COMPENSATION FOR THE FOLLOWING: PRESIDENT, EVP, VP FOR STUDENT AFFAIRS, SR VP OF ACADEMIC AFFAIRS/PROVOST, VP AND GENERAL COUNSEL, SR VP FOR FINANCE & BUSINESS/CFO, SR VP FOR INSTITUTIONAL ADVANCEMENT, VP & DIRECTOR OF ATHLETICS, VP FOR MISSION AND MINISTRY, SENIOR ADVISOR TO THE PRESIDENT, AND TREASURER. THIS PROCESS IS DONE ANNUALLY. PROVIDENCE COLLEGE'S PRESIDENT, VP OF MISSION & MINISTRY, AND TREASURER ARE MEMBERS OF THE DOMINICAN FRIARS, A CATHOLIC RELIGIOUS ORDER. THE COLLEGE PROVIDES ON CAMPUS HOUSING, AND PAYS FOR THEIR HEALTH INSURANCE PREMIUMS. THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS SET BY THE PRESIDENT OF THE COLLEGE. INDEPENDENT COMPENSATION COMPARABILITY SURVEYS ARE USED PERIODICALLY IN SETTING COMPENSATION. THE COLLEGE COMPLIES WITH THE THREE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION STANDARD, AS OUTLINED IN TREASURY REGULATIONS SECTION 53.4958-6: (1) EXECUTIVE COMPENSATION IS AUTHORIZED BY AN INDEPENDENT COMMITTEE OF THE BOARD OF DIRECTORS, (2) THE COMMITTEE AUTHORIZING EXECUTIVE COMPENSATION OBTAINS AND RELIES ON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING DETERMINATIONS, AND (3) THE COMMITTEE ADEQUATELY DOCUMENTS THE BASIS FOR DETERMINATIONS CONCURRENTLY WITH MAKING THE DETERMINATIONS.
FORM 990, PART VI, SECTION C, LINE 19PUBLIC DISCLOSURE POLICY THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THE WEBSITE. THE COLLEGE COMMUNITY (FACULTY, STAFF, AND STUDENTS) HAVE ACCESS TO THE CONFLICT OF INTEREST POLICY THROUGH THE COLLEGE'S WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE TO ANYONE UPON REQUEST. THE FORM 990 IS POSTED ON THE INTERNET AT WWW.GUIDESTAR.ORG.
FORM 990, PART XI, LINE 9:UNCOLLECTIBLE PLEDGES -462,693. POST RETIREMENT BENEFIT OBLIGATION 14,782.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER TRUSTS (5)
INVESTINGRIPCTYes (1)
CHARITABLE PERPETUAL TRUSTS (3)
INVESTINGRIPCTYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CHARITABLE PERPETUAL TRUST (1)
S$60,000CASH
CHARITABLE PERPETUAL TRUST (2)
S$56,980CASH