2025-04-07T17:38:40+00:00 2024-06-30 440160260 Forvis Mazars LLP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2023-07-01 340714363 Oberlin College OBER 4407758460 173 W Lorain St Controllers Office Oberlin OH 44074 April Herner VP for Finance & Admin 4407758460 2025-04-07 true Lauren Denton P01571860 2604604000 2024-11-15 2023 2025-03-06 01:10:19Z REBECCA VAZQUEZ-SKILLINGS 70 N Professor St Oberlin OH 44074 550422822 false X www.oberlin.edu X 1834 OH SEE SCHEDULE O 30 29 2915 546 2300862 0 22149581 131374995 239363260 246058589 82463763 90290051 6370 49970 343982974 467773605 97538186 103432203 0 0 105661517 108737769 0 0 5681088 105946576 108720282 309146279 320890254 34836695 146883351 1896950617 2117814822 447683177 470490305 1449267440 1647324517 Oberlin College and Conservatory educate students for lives of intellectual, musical and artistic rigor and breadth, sustained inquiry, creativity and innovation, and leadership. Oberlin aims to prepare graduates with the knowledge, skills, and perspectives essential to confront complex issues and to create change and value in the world. Oberlin is committed to educational access and opportunity, embraces a diverse and inclusive residential learning environment defined by a free and respectful exchange of ideas, and shares an enduring commitment to a sustainable and just society. false false 299643477 103432203 246058589 Oberlin College is a liberal arts institution made up of the College of Arts & Sciences and the Conservatory of Music. The College served 2,950 full-time equivalent undergraduate students, awarding scholarships to 2,863 of them. The average student received $33,490 in financial aid. The College is essentially residential. The balance of the student body is housed in private off-campus housing within the City of Oberlin, Ohio. 299643477 true true false false false false true true true true true false false true true false true true false true false true false false false false true true true true false false false false false false false false false false true true false false false true true true false false true 4078 0 true 2915 true true true false false false false false false false false false true false X 30 29 false false false false false false false true true false false true true true true true true true true false OH X April Herner 4407758460 173 W Lorain St Controllers Office Oberlin OH 44074 CARMEN AMBAR PRESIDENT 40.0 0 X X 1182298 0 280874 CHARLENE DREW JARVIS TRUSTEE 2.0 0.0 X 0 0 0 CHESLEY Maddox-Dorsey TRUSTEE 4.0 0.0 X 0 0 0 CHUCK BIRENBAUM TRUSTEE 2.0 0.0 X 0 0 0 CYNTHIA HOGAN TRUSTEE 2.0 0.0 X 0 0 0 DAVID E SHIPLEY TRUSTEE 2.0 0.0 X 0 0 0 DAVID S KRISCHER TRUSTEE 4.0 0.0 X 0 0 0 ED HELMS TRUSTEE 2.0 0.0 X 0 0 0 ELIZABETH Barajas-Romn TRUSTEE 2.0 0.0 X 0 0 0 ERIC R KATZMAN TRUSTEE 2.0 0.0 X 0 0 0 FRANCISCO X DOMINGUEZ TRUSTEE 2.0 0.0 X 0 0 0 GEORGIA YUAN TRUSTEE 4.0 0.0 X 0 0 0 Hozefa Lokhandwala TRUSTEE 4.0 0.0 X 0 0 0 Isabel Tadmiri TRUSTEE 2.0 0.0 X 0 0 0 JACOB A GAYLE TRUSTEE 2.0 0.0 X 0 0 0 JULIA STEYN TRUSTEE 2.0 0.0 X 0 0 0 KOFI ASARE TRUSTEE 2.0 0.0 X 0 0 0 LEANNE C WAGNER TRUSTEE 4.0 0.0 X 0 0 0 LEE KOONCE TRUSTEE 2.0 0.0 X 0 0 0 LILLIE JOHNSON EDWARDS Board Vice Chair 8.0 0.0 X 0 0 0 LISA YVETTE WALLER TRUSTEE 2.0 0.0 X 0 0 0 MAGHAN KEITA TRUSTEE 2.0 0.0 X 0 0 0 MENNA DEMESSIE TRUSTEE 2.0 0.0 X 0 0 0 MINSOK PAK TRUSTEE 2.0 0.0 X 0 0 0 MOLLY HORST RAPHAEL TRUSTEE 4.0 0.0 X 0 0 0 ROBIN S BLACK TRUSTEE 2.0 0.0 X 0 0 0 SEAN P GAVIN TRUSTEE 4.0 0.0 X 0 0 0 Srimoyi Gunja SARKAR TRUSTEE 2.0 0.0 X 0 0 0 STEVE J DOLCEMASCHIO TRUSTEE 4.0 0.0 X 0 0 0 T CHRIS CANAVAN Board Chair 8.0 0.0 X 0 0 0 DAVID HERTZ Chief of Staff & Strategy Officer 40.0 0 X 223530 0 56442 DAVID KAMITSUKA DEAN OF ARTS & SCIENCES 40.0 0 X 276332 0 113637 JOSHUA JENSEN Vice President, Communications 40.0 0 X 203810 0 32813 JULIENNE MELVIN Associate Vice President for Finance and Administration 40.0 6.0 X 178655 0 53355 KAREN GOFF Vice President and Dean of Students 40.0 0 X 249726 0 115214 MANUEL CARBALLO Vice President/Dean of Admissions & Financial Aid 40.0 0 X 247710 0 70467 MATTHEW LAHEY Vice President, Gen Counsel & Secretary 40.0 0 X 280131 0 70303 MICHAEL GRZESIAK Vice President, Advancement 40.0 0 X 278741 0 61647 NATALIE WINKELFOOS Director Athletics & Physical Ed; Assoc VP Ath 40.0 0 X 212876 0 44264 REBECCA VAZQUEZ-SKILLINGS Vice President for Finance and Administration 40.0 4.0 X 290622 0 73313 WILLIAM QUILLEN DEAN OF CONSERVATORY 40.0 0 X 263089 0 73878 JOSEPH VITALE JR CHIEF HUMAN RESOURCES OFFICER 40.0 0 X 206829 0 38647 JUN YANG CHIEF INVESTMENT OFFICER 40.0 0 X 869917 0 84457 KEVIN BROWN CHIEF FACILITIES OFFICER 40.0 4.0 X 225200 0 22793 MARCEL MUTSINDASHYAKA Chief Information Officer 40.0 0 X 225244 0 41596 JEFFERY WITMER PROFESSOR 40.0 0 X 209086 0 48151 JOHN DUCA PROFESSOR 40.0 0 X 239644 0 23915 KATARZYNA KARAPUDA Associate Director of Investments 40.0 0 X 258632 0 21494 MARC BLECHER James Monroe Professor 40.0 0 X 193027 0 48145 PETER SLOWIK Professor 40.0 0 X 211700 0 21740 6526799 0 1397145 142 false true false M A Mortenson Company 700 MEADOW LN NORTH MINNEAPOLIS MN 55422 CONSTRUCTION SERVICES 58290190 GILBANE BUILDING COMPANY 7 JACKSON WALKWAY PROVIDENCE RI 02903 CONSTRUCTION SERVICES 26035989 AVI FOODSYSTEMS INC 2590 ELM RD WARREN OH 44483 DINING SERVICES 14630265 SHOOK CONSTRUCTION CO 2000 W DOROTHY LANE MORAINE OH 45439 CONSTRUCTION SERVICES 5202504 ENCORE ONE LLC 65 KINGSTON AVE COLUMBUS OH 43207 CLEANING SERVICES 4596786 69 4464516 126910479 2660993 131374995 Tuition and Fees 900099 193802982 193802982 Residential & Dining Services 900099 48719954 48719954 Educational Activities 900099 2299058 2299058 Summer Conference Program 900099 907744 907744 Auxiliary Services 900099 328851 328851 0 0 0 0 246058589 6989657 2300862 4688795 124045 74075 49970 0 49970 49970 165875536 82575142 83300394 0 83300394 83300394 0 0 0 0 0 467773605 246058589 2300862 88039159 237502 237502 91800634 91800634 11394067 11394067 5749094 2994436 2415141 339517 75838775 69068413 3713197 3057165 6165491 5615079 301873 248539 15279254 13974209 657598 647447 5705155 5195838 279334 229983 2137605 2137605 263430 263430 2476064 2476064 0 0 0 0 463349 441172 4695 17482 17286461 16533907 671862 80692 2119179 2119179 9266337 9266337 3634892 2795926 518947 320019 6585032 6585032 24015334 24015334 2475386 2475386 Other Expenses 16470458 13604271 2125943 740244 Facilities Expense 10296943 10296943 Study Away Programs 4414009 4414009 Instruction Expense 4081914 4081914 2733889 2733889 0 0 320890254 299643477 15565689 5681088 142986537 91714809 78989001 110731406 18252459 115876786 7504146 7786455 0 0 13147366 13147366 138410 22546 2277728 1576517 1070153153 523551283 459428328 546601870 693127253 752997034 475641953 472012202 5457436 5347831 0 0 1896950617 2117814822 37651737 31542971 86550 403 188592681 217195908 16547651 16845365 0 191618654 191670897 13185904 13234761 447683177 470490305 X 273649218 329553567 1175618222 1317770950 1449267440 1647324517 1896950617 2117814822 X 146883351 17721612 33452114 X false true X true true true X 38912972 24872184 59057174 22149581 131374995 276366906 0 0 38912972 24872184 59057174 22149581 131374995 276366906 106109175 170257731 3623579 3213195 2116001 6206821 7063669 22223265 0 0 0 0 0 0 0 298590171 1104303472 0.5702 0.8171 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2660993 7308113 X X X X false false true X 1199092191 25363322 96807115 18604639 32030838 162205 1270464946 1183221375 5877420 58594298 17317705 31133646 149551 1199092191 1272387575 13198124 -59675830 15819613 26541295 327586 1183221375 936576784 6310791 389894040 12922545 47155747 315748 1272387575 924604230 9001895 43567725 12181881 28205834 209351 936576784 0.1504 0.2805 0.5691 false false 8152623 8152623 748020679 308711053 439309626 266309580 214840230 51469350 47670271 47670271 546601870 Funds Held in Trust by Others 20737202 F Natural Resources Investments 12260693 F Venture Capital and Other Alternative Investments 439014307 F 472012202 Annuity Obligation 13234761 13234761 X Schedule D, Part III, Line 1a The college has elected not to capitalize contributed collections. All works of art and collections are held for public exhibition, education or research; are protected, kept unencumbered, cared for, and preserved; and are subject to policies governing their use. Recognizing works of art as an asset of the Institution would result in a material increase in property, plant and equipment and a corresponding increase in net assets in the statements of financial position. Schedule D, Part III, Line 4 Collections of art - description of collections The Allen Memorial Art Museum (AMAM) is one of the finest college or university collections in the United States. Comprising nearly 14,000 works of art from virtually every culture and spanning the history of art, the AMAM's collection is a vital cultural resource for the students, faculty, and staff of Oberlin College as well as the surrounding community. The Museum organizes a variety of public programs in connection with exhibitions for Oberlin College and the local community. The Museum offers educational resources for Oberlin College faculty and students as well as other colleges and universities, K-12 teachers, children, and families. Schedule D, Part IV, Line 2b Explanation of escrow agreement In addition to funds from student organizations, the College maintains agency funds for various purposes including fellowships funded by outside foundations. Schedule D, Part V, Line 4 Intended uses of endowment funds Oberlin College's endowment spending policy is set by the College's Board of Trustees. The Board of Trustees takes great care in developing the broad objectives and specific spending methodology, giving consideration to a number of factors, including preservation of the College's endowment for perpetuity, economic conditions and the possible impact of inflation and deflation, the College's historical total return on endowment, the expected total returns and the related investment policies and targeted allocations to achieve the expected returns, and the other financial resources of the College. The broad objectives of the endowment spending policy are to increase the real value of the endowment, to provide a dependable stream of current earnings distribution from the endowment pool to the College, to release earnings at a rate sustainable over the long term, and to seek to provide predictability and stability of endowment spending essential for long range planning. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The College is exempt from Federal income taxes under Internal Revenue Code Section 501(c)(3). The College generates minor amounts of unrelated business income, annually files Form 990-T and pays taxes on such income. The College recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the College, the continued tax-exempt status of bonds issued by the College and various positions related to potential sources of unrelated taxable income. The College believes that it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements. As of June 30, 2024, the College's income tax years from 2019 and thereafter remain subject to examination by the Internal Revenue Service, as well as various state and local taxing authorities. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The College publicizes its racially nondiscriminatory policy through newspaper advertising, the College course catalog, the student regulations, policies and procedures publication, and employee handbooks. The College follows a voluntary affirmative action plan. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT Oberlin College participates in various student financial aid programs from the U.S. Department of Education, including the following programs: PELL Grants, Supplemental Educational Opportunity Grants, Perkins Loans, and College Work-Study programs. true Central America and the Caribbean 0 0 Investments 290714343 Europe (Including Iceland and Greenland) 0 0 Investments 61177177 North America (Canada & Mexico only) 0 0 Investments 7705267 Central America and the Caribbean 0 0 Program Services STUDY ABROAD PROGRAMS 31500 East Asia and the Pacific 0 0 Program Services STUDY ABROAD PROGRAMS 260414 Europe (Including Iceland and Greenland) 0 0 Program Services STUDY ABROAD PROGRAMS 1663495 Middle East and North Africa 0 0 Program Services STUDY ABROAD PROGRAMS 80532 North America (Canada & Mexico only) 0 0 Program Services STUDY ABROAD PROGRAMS 65998 Russia and Neighboring States 0 0 Program Services STUDY ABROAD PROGRAMS 74869 South America 0 0 Program Services STUDY ABROAD PROGRAMS 96673 Sub-Saharan Africa 0 0 Program Services STUDY ABROAD PROGRAMS 96213 South Asia 0 0 Program Services STUDY ABROAD PROGRAMS 8189 Central America and the Caribbean 0 0 Program Services GRANTMAKING 441454 East Asia and the Pacific 0 0 Program Services GRANTMAKING 4971714 Europe (Including Iceland and Greenland) 0 0 Program Services GRANTMAKING 1351321 Middle East and North Africa 0 0 Program Services GRANTMAKING 240458 North America (Canada & Mexico only) 0 0 Program Services GRANTMAKING 537664 Russia and Neighboring States 0 0 Program Services GRANTMAKING 475108 South America 0 0 Program Services GRANTMAKING 861130 Sub-Saharan Africa 0 0 Program Services GRANTMAKING 1268833 South Asia 0 0 Program Services GRANTMAKING 1246385 0 0 0 0 0 0 368979617 4389120 373368737 SCHOLARSHIPS Central America and the Caribbean 9 441454 CREDIT TO ACCOUNT SCHOLARSHIPS East Asia and the Pacific 141 4971714 CREDIT TO ACCOUNT SCHOLARSHIPS Europe (Including Iceland and Greenland) 25 1351321 CREDIT TO ACCOUNT SCHOLARSHIPS Middle East and North Africa 4 240458 CREDIT TO ACCOUNT SCHOLARSHIPS North America (Canada & Mexico only) 15 537664 CREDIT TO ACCOUNT SCHOLARSHIPS Russia and Neighboring States 6 475108 CREDIT TO ACCOUNT SCHOLARSHIPS South America 13 861130 CREDIT TO ACCOUNT SCHOLARSHIPS Sub-Saharan Africa 17 1268833 CREDIT TO ACCOUNT SCHOLARSHIPS South Asia 22 1246385 CREDIT TO ACCOUNT true false true false true false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds The College ensures that its grants are used for educational purposes by applying the financial aid awards directly to the students' accounts for those students that study abroad. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Cash; EAST ASIA AND THE PACIFIC-Cash; EUROPE (INCLUDING ICELAND AND GREENLAND)-Cash; MIDDLE EAST AND NORTH AFRICA-Cash; NORTH AMERICA (CANADA & MEXICO ONLY)-Cash; RUSSIA AND NEIGHBORING STATES-Cash; SOUTH AMERICA-Cash; SOUTH ASIA-Cash; SUB-SAHARAN AFRICA-Cash Schedule F, Part III Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN - EAST ASIA AND THE PACIFIC - EUROPE (INCLUDING ICELAND AND GREENLAND) - MIDDLE EAST AND NORTH AFRICA - NORTH AMERICA (CANADA & MEXICO ONLY) - RUSSIA AND NEIGHBORING STATES - SOUTH AMERICA - SOUTH ASIA - SUB-SAHARAN AFRICA - true Oberlin Early Childhood Center 317 East College Street Oberlin OH 44074 237313925 501c3 38000 FMV OECC School Greenhouse Oberlin Heritage Center PO Box 455 73 1/2 S Professor St Oberlin OH 44074 346533053 Corp 7096 FMV Green EDGE Fund Grant - Sustainable Climate Control - dual heat pump system City Of Oberlin 85 South Main Street Oberlin OH 44074 346002073 STATE OF OHIO 81708 FMV Hydro Energy Grant - OC Match City Fresh PO Box 357 Oberlin OH 44074 522237568 501c3 15000 FMV Green EDGE Fund Grant - Sustainability Grant - New Farmer Incubator REwild PO Box 129 Austin TX 78767 262887967 501c3 15000 FMV Green EDGE Fund Grant - Natural Turf Management Transition Pilot Project Shagbark Haven LLC 352 West College St Oberlin OH 44074 844271609 501c3 15000 FMV Green EDGE Fund Grant - Sugarbush Ecosystem LandLab Our Family (Fathers and Mothers) 234 Hemlock Dr Elyria OH 44035 208535326 501c3 5205 FMV Green EDGE Fund Grant - Improving Legion Field Infrastructure Project 6 1 Scholarships 2697 91749249 Cash Green Edge Fund Grant 19 44085 Cash Launch U Grant 15 7300 Cash Schedule I, Part II, Line 1(h) Name of Organization or Government: Western Reserve Land Conservancy (h) Purpose of Grant or Assistance: Green EDGE Fund Grant - Tree Fencing Project and Fund trail improvements and extension of the Oberlin Great South Woods Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The College ensures that its grants of student financial aid are used for the intended educational purpose by applying the awards directly to the students' tuition balances instead of issuing checks. The College also makes entrepreneurial and environmental grants through its Launch U Program and Green EDGE Fund. Potential grantees submit applications for the grants, and after a rigorous review process, grants are awarded. Grantees are required to submit reports which indicate how the grant funds were spent. X true true X X X false true false false false false false false false CARMEN AMBAR PRESIDENT 618090 0 554146 0 10062 0 138203 0 142671 0 1463172 0 100000 0 JULIENNE MELVIN Associate Vice President for Finance and Administration 177526 0 0 0 1129 0 19277 0 34078 0 232010 0 0 0 MANUEL CARBALLO Vice President/Dean of Admissions & Financial Aid 247440 0 0 0 270 0 23076 0 47391 0 318177 0 0 0 KAREN GOFF Vice President and Dean of Students 249312 0 0 0 414 0 21945 0 93269 0 364940 0 0 0 DAVID HERTZ Chief of Staff & Strategy Officer 222342 0 0 0 1188 0 22841 0 33601 0 279972 0 0 0 JOSHUA JENSEN Vice President, Communications 203540 0 0 0 270 0 18550 0 14263 0 236623 0 0 0 DAVID KAMITSUKA DEAN OF ARTS & SCIENCES 275144 0 0 0 1188 0 77200 0 36437 0 389969 0 0 0 WILLIAM QUILLEN DEAN OF CONSERVATORY 262909 0 0 0 180 0 22644 0 51234 0 336967 0 0 0 NATALIE WINKELFOOS Director Athletics & Physical Ed; Assoc VP Ath 212704 0 0 0 172 0 17522 0 26742 0 257140 0 0 0 REBECCA VAZQUEZ-SKILLINGS Vice President for Finance and Administration 290208 0 0 0 414 0 26448 0 46865 0 363935 0 0 0 MATTHEW LAHEY Vice President, Gen Counsel & Secretary 279717 0 0 0 414 0 23338 0 46965 0 350434 0 0 0 MICHAEL GRZESIAK Vice President, Advancement 277967 0 0 0 774 0 27146 0 34501 0 340388 0 0 0 MARCEL MUTSINDASHYAKA Chief Information Officer 225082 0 0 0 162 0 1433 0 40163 0 266840 0 0 0 KEVIN BROWN CHIEF FACILITIES OFFICER 224426 0 0 0 774 0 21954 0 839 0 247993 0 0 0 JOSEPH VITALE JR CHIEF HUMAN RESOURCES OFFICER 206070 0 0 0 759 0 20990 0 17657 0 245476 0 0 0 JUN YANG CHIEF INVESTMENT OFFICER 475462 0 393681 0 774 0 30400 0 54057 0 954374 0 0 0 KATARZYNA KARAPUDA Associate Director of Investments 205061 0 53398 0 173 0 20677 0 817 0 280126 0 0 0 JOHN DUCA PROFESSOR 238456 0 0 0 1188 0 23076 0 839 0 263559 0 0 0 JEFFERY WITMER PROFESSOR 207914 0 0 0 1172 0 21134 0 27017 0 257237 0 0 0 PETER SLOWIK Professor 209593 0 0 0 2107 0 20781 0 959 0 233440 0 0 0 MARC BLECHER James Monroe Professor 191334 0 0 0 1693 0 19811 0 28334 0 241172 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use The university president resides in a university owned house as required by contract. The House is located on campus and is used by the president for university functions including Receptions, dinners and other business events. The sect. 119 rules are met and, as a result, The fair market value of this benefit is considered nontaxable compensation to the President. Karen Goff also receives a nontaxable housing allowance out of convenience for the University. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan The following individuals participate in a 457(f) plan that is considered a supplemental non-qualified retirement plan. For year ended June 30, 2024 the following employer contributions were made: Carmen Twillie Ambar: $100,000 David Kamitsuka: $49,980 A OHEFC Apr 2017 Bonds 346849674 67756DNB8 2017-04-12 43220316 Educational Facilities; includes partial advance refunding of Series 2009 (10-1-2009) and new money true false false B OHEFC April 2023A Bond Series 346849674 67756DM60 2023-05-09 120898356 Educational Facilities; new money. false false false C OHEFC April 2023B Bond Series 346849674 67756DN69 2023-07-01 31738989 Educational Facilities; advance refunding of Series 2013 (9-12-2013) false false false D OHEFC April 2024 Bond 346849674 2024-04-22 30000000 Educational Facilities; new money. false false false A 2035000 3100000 43220316 0 0 17424343 495973 0 25300000 0 0 0 2020 true false true true B 0 0 120898356 0 0 0 898356 0 0 72150304 0 47849696 false true true true C 0 0 31738989 0 0 0 231826 0 0 0 31507163 0 2023 false true true true D 0 0 30000000 0 0 0 203750 0 0 0 0 30000000 false true true true A false false false false 0.0 0.0 0.0 false false true B false false false false 0.0 0.0 0.0 false false true C false false false false 0.0 0.0 0.0 false false true D false false false false 0.0 0.0 0.0 false false true A false true false false false false false false true B false true false false false false false false true C false true false false false false false false true D false true false false false false false false true A true B true C true D true X 5 130500 Cost X 57 2466993 Market value X Musical Instruments 3 48500 Cost X Academic Equipment 1 15000 Cost 4 false true false Schedule M, Part I Explanations of reporting method for number of contributions Art - Works of art - number of contributions Securities - Publicly traded - number of contributions Other - Musical Instruments number of contributions Other - Academic Equipment number of contributions Form 990, Part I, Line 1 Oberlin College and Conservatory educate students for lives of intellectual, musical and artistic rigor and breadth, sustained inquiry, creativity and innovation, and leadership. Oberlin aims to prepare graduates with the knowledge, skills, and perspectives essential to confront complex issues and to create change and value in the world. Form 990, Part VI, Line 11b Review of form 990 by governing body The Board of Trustees delegated the task of reviewing Form 990 to the Audit Committee, pursuant to the College's by-laws and approved via a vote of the entire board. An electronic draft copy of the Form 990 was provided to the audit committee for review in advance of its meeting on February 27, 2025. Following the review with the outside accounting firm and receiving the audit committee's approval of the Form 990, the College distributed the Form 990 to the full Board of Trustees prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy All officers, trustees, directors, and key employees are required to disclose at least annually, and within thirty days after a material change, any relationships, positions, or circumstances that they believe could contribute to a conflict of interest, via a disclosure form that is circulated, along with the College's Conflict of Interest Policy, to all such individuals. The General Counsel and Secretary of the College reviews and analyzes any conflicts and maintains copies of disclosure statements. Violations of the conflict of interest policy are communicated to the Chair of the Audit Committee and the Controller of the College, investigated by the College, and promptly corrected, including, where applicable, disciplinary action, up to the individual's removal from his or her position. Form 990, Part VI, Line 15a Process to establish compensation of top management official Pursuant to the College's by-laws, approved via a vote of the full Board, the compensation arrangements for the President and select officers and key employees are approved in advance through the following process. The Compensation Subcommittee of the Board's Executive Committee organizes and conducts the review of the President as the College's Chief Executive Officer, and makes recommendations to the Executive Committee and the Board concerning the compensation of the President and select officers and key employees. The Compensation Subcommittee consists of Trustees without a conflict of interest with respect to the compensation arrangement. In formulating its recommendations, the Compensation subcommittee obtains and relies upon comparability data regarding the compensation of the President and select officers and key employees at similarly situated private colleges and universities. The subcommittee presents to the Executive Committee its written report and recommendations. The Executive Committee may approve the subcommittee's report and recommendations or act otherwise, and the Executive Committee's action is then presented to the full Board in executive session for ratification. A written report of the approved compensation determination and the basis for that determination is subsequently filed and preserved with the College's General Counsel and Secretary. Form 990, Part VI, Line 19 Required documents available to the public The College makes its governing documents available to the public upon request. Its audited financial statements are posted on its website. The College does not make its conflict policy available to the public. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Post-retirement benefit obligation adjustment - -34808; Settlement Recovery - 30325000; Redesignated funds and other - 1560374; Gain on debt extinguishment - 1601548; Form 990, Part 1, Line 6, Number of Volunteers The Alumni Association would not be able to support such a wide range of programs and activities without the dedication and commitment of many alumni. We value the contributions of alumni and encourage them to find a volunteer activity of interest. We offer many ways for alumni to stay engaged and to support the college and our students. Volunteers can: -Get involved with a regional or international club -Recruit new students for Oberlin as an Alumni Admissions Recruiter -Attend an admissions fair or host an admissions gathering. -Become an alumni advisor on our online networking platform, Wisr -Encourage others to make a difference through fundraising as a Class Ambassador -Volunteer for an affinity or chartered group -Serve on the Alumni Leadership Council or a working committee -Serve on a reunion planning committee -Offer summer and Winter Term internships -Serve as a social media ambassador -Host a student intern in their home -Host an event in their home or office Form 990, Part III, Line 1, Description of Organization Mission: Core values derived from our mission include: - Educational Excellence: The College of Arts and Sciences and Conservatory of Music are committed to educating students to achieve academic and musical excellence in an environment where equity, diversity, and inclusion are a central mode for achieving such excellence. An Oberlin education prepares students for successful lives, careers, and leadership by enabling them to see and develop meaningful connections and integration with all aspects of their Oberlin experience, and with the wider world. The Oberlin Conservatory provides professional education at the highest level, enabling students to reach their greatest potential both as musicians and individuals, and to attain skills and perspectives not only in music, but in other disciplines that will prepare them to become leaders. - Diversity and Community: A diverse residential community is critical to fostering the spectrum of perspectives, interactions, and approaches upon which the most effective teaching and learning depend. - Stewardship: Oberlin seeks life-long engagement with and wise stewardship of the institution by students, parents, faculty, staff, and alumni. - Sustainability: Oberlin remains committed to leadership in environmental sustainability and education. College Properties of Oberlin Inc 173 W Lorain St Oberlin OH 44074 341658407 Property Holding OH 501(c)(3) Type I Oberlin College true College Properties of Northern Ohio Inc 173 W Lorain St Oberlin OH 44074 340960554 Property Holding OH 501(c)(3) Type I Oberlin College true Oberlin Shansi Memorial Association 173 W Lorain St Oberlin OH 44074 340768350 Educational OH 501(c)(3) Type III-FI NA false Oberlin College Broadcasting Inc 70 N Professor St Oberlin OH 44074 263344852 Broadcasting Education OH 501(c)(3) Type I Oberlin College true The Five Colleges of Ohio 209 Chase Avenue Eaton Center Gambier OH 43022 311440434 Educational Consortium OH 501(c)(3) Type I NA false Associated Kyoto Program 173 W Lorain St Oberlin OH 44074 042996114 Study Abroad Program MA 501(c)(3) Type III-FI NA false Great Lakes Colleges Association 535 W William St Ann Arbor MI 48103 381678376 Educational Consortium MI 501(c)(3) Type I NA false Charitable Remainder Trusts (1) 173 W Lorain Street Oberlin OH 44074 Charitable Trust NY N/A Trust false Charitable Remainder Trusts (7) 173 W Lorain Street Oberlin OH 44074 Charitable Trust OH N/A Trust false false false false true false false false false false false false true false true false false true false false College Properties of Northern Ohio D 19375171 FMV College Properties of Oberlin J 187800 Cash