2025-04-30T11:50:31-05:00 2024-06-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2023-07-01 010212542 Trustees of Saint Joseph's College Saint Joseph's College of Maine TRUS 2078926766 278 Whites Bridge Road Standish ME 040845263 Jonathan Greven Sr. VP of Finance & Admin/CFO 2078926766 2025-04-28 1 1 Joseph R Byrne P01289281 2077752387 2025-04-28 2023 2025-03-06 01:10:19Z Jonathan Greven 278 Whites Bridge Road Standish ME 040845263 58295292 0 X www.sjcme.edu X 1955 ME Higher education institution offering liberal arts education on a full and part time basis to male and female students. The Institution also offers an on-line education program for bachelors and masters degrees through home study. 19 18 906 818 1019617 0 2722150 1356473 44770730 50025220 537005 2490701 43592 500407 48073477 54372801 17420093 20422451 0 0 19326047 19293338 0 0 555266 14785883 15500518 51532023 55216307 -3458546 -843506 64309387 64267160 17601024 17425971 46708363 46841189 X Saint Joseph's College of Maine, sponsored by the Sisters of Mercy and animated by the vision of Catherine McAuley, is a Catholic college in the liberal arts tradition distinguished by its welcoming community. We foster an ongoing dialogue between faith and reason so as to prepare our learners to live meaningful lives that improve the world around them. 0 0 48011155 20422451 44161647 Higher education institute offering small classes with an up-close and personal learning environment.- More than 40 majors, minors, and partnership programs- Classes of just six students are not unusual- Average class size of 13 students- Student Faculty ratio 14:1- First-year students meet with a faculty mentor- Professors will get to know you and inspire you 3972285 5863573 On-line education, offered through the Division of Graduate & Professional Studies includes:- Master's Degrees- Bachelor's Degrees- Associate Degrees- Certificate Programs- Continuing Education Courses 51983440 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 2273 0 1 906 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X Karen Shea 2078937733 278 Whites Bridge Road Standish ME 04084 Dr Monique LaRocque SVP Learning/Past Interim President 50.00 0.00 X X 211184 0 27202 Joseph Cassidy President 50.00 0.00 X X 136028 0 25 Jeffrey Moody Chair 2.00 0.00 X X 0 0 0 Carl Howell Vice Chair 2.00 0.00 X X 0 0 0 Sr Ellen Turner Secretary 2.00 0.00 X X 0 0 0 Craig Becker Trustee 2.00 0.00 X 0 0 0 Bernice Bradin Trustee 2.00 0.00 X 0 0 0 Thomas Driscoll Trustee 2.00 0.00 X 0 0 0 Mark Duval Trustee 2.00 0.00 X 0 0 0 Dr Judy Graham Trustee 2.00 0.00 X 0 0 0 Alan Lapoint Trustee 2.00 0.00 X 0 0 0 Sr Carol LeTourneau RSM Trustee 2.00 0.00 X 0 0 0 Christina Maguire Trustee 2.00 0.00 X 0 0 0 Kenneth Marino Trustee 2.00 0.00 X 0 0 0 Sr Mary Morey RSM Trustee 2.00 0.00 X 0 0 0 Michael J Mulhare Trustee 2.00 0.00 X 0 0 0 John Straub Trustee 2.00 0.00 X 0 0 0 Dr Carol Strobeck EdD Trustee 2.00 0.00 X 0 0 0 Frederick Yochum Trustee 2.00 0.00 X 0 0 0 Robert Zilg Trustee 2.00 0.00 X 0 0 0 Dr Frances Wiesen Psy D VP Student Life/CSDO 50.00 0.00 X 133907 0 18414 Jonathan Greven Sr. VP of Finance & Admin/CFO 50.00 0.00 X 171872 0 33776 Dr Christopher Fuller VP/Chief Spons. & Mis. Int. Officer 50.00 0.00 X 100035 0 40690 Haley Thompson SVP Marketing/Advancement/Admission 50.00 0.00 X 30020 0 621 Sheri Piers Director of Student Health Center 50.00 0.00 X 104015 0 13280 Cortland Stiles Jr Past AVP & CIO 50.00 0.00 X 104583 0 36142 Dale Brooker Assoc Dean Academics 50.00 0.00 X 106456 0 14410 Elizabeth Schran Sr Director IA 50.00 0.00 X 115421 0 5127 Kelly Hudock Chair of Nursing 50.00 0.00 X 137118 0 15902 Dr James S Dlugos Former President 0.00 0.00 X 255785 0 19929 1606424 0 225518 15 1 1 0 Allied Cook PO Box 1396 Portland ME 04104 Construction 2232558 Performance Food Service PO Box 2628 Dalton Road Augusta ME 043302628 Food Service 621683 WDCI - Rio Solutions 15 Bingera Terrace Caloundra AS 4551 Software Services 562875 Google Dept 33654 PO Box 39000 San Francisco CA 94139 Advertising Services 401583 Patriot Mechanical LLC 639 Main Street Gorham ME 04038 Building Maintenance 271792 21 22044 356802 977627 9994 1356473 Tuition and Fees 611710 38753782 38753782 Residence & Dining 721310 7967269 7967269 Miscellaneous Revenue 900099 2284552 2284552 Sports & Recreation 713940 1019617 1019617 50025220 428731 428731 4465834 1473141 3863205 13800 602629 1459341 2061970 2061970 117100 22044 45486 71614 71614 Gain on Bond Refinancing 900099 428793 428793 428793 54372801 46721051 1019617 5275660 20422451 20422451 1200118 1200118 15026421 13523779 1202114 300528 147175 132457 11774 2944 1803692 1623323 144295 36074 1115932 1004339 89275 22318 83944 83944 66662 66662 92056 92056 2602685 2342416 208215 52054 2065408 1858867 165233 41308 533355 480020 42668 10667 1210534 1210534 1499374 1371759 121934 5681 469904 422914 37592 9398 530705 477635 42456 10614 2654813 2389332 212385 53096 414934 394187 20747 Miscellaneous Expenses 1542646 1406996 125066 10584 Food Services 1103719 1103719 Bad Debt Expense 406084 406084 Membership & Dues 223695 212510 11185 55216307 51983440 2677601 555266 X 28303 50604 2172053 888840 122718 107855 701627 894960 871651 697221 60743 57133 1572461 3159281 84350011 44709141 40431175 39640870 15324786 16210942 253153 225025 2770717 2334429 64309387 64267160 2936978 2495008 1208070 1868904 12336222 10511727 1119754 2550332 17601024 17425971 X 27282609 29442594 19425754 17398595 46708363 46841189 64309387 64267160 X -843506 873001 103331 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 1 0 0.00 0 16482838 1491430 1911193 509382 2515137 16860942 15523566 1807080 1417789 748930 1516667 16482838 18502834 146890 -2199185 387963 539010 15523566 14862933 137430 4061487 347727 211289 18502834 14133744 376258 807911 343138 111842 14862933 0.07944 0.42063 0.49993 0 0 971323 971323 60764385 30754784 30009601 10529786 4790220 5739566 12000519 9164137 2836382 83998 83998 39640870 Advances from Federal Government for Student Loans 783197 Operating Lease Liability 239471 Finance Lease Liability 27664 Line of Credit 1500000 2550332 X 34880112 873001 148817 1021818 33858294 92056 20422451 20514507 54372801 34747286 45486 45486 34701800 92056 20422451 20514507 55216307 Part II, Line 9: The conservation easement was part of the land purchase. The value is included at historical cost for the purchase. Part V, Line 4: The intended use of the endowment funds is to support the operational budget's student aid. Part X, Line 2: The College accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The College has identified its tax status as a tax-exempt entity and its determination of which activities are related and unrelated as its only significant tax positions; however, the College has determined that such tax positions do not result in an uncertainty requiring recognition. The College is not currently under examination by any taxing jurisdictions. The College's federal and state tax returns are generally open for examination for three years following the date filed. Part XI, Line 2d - Other Adjustments: Fundraising Event Expenses 45,486. Change in Value of Split-Interest Agreement 103,331. Part XI, Line 4b - Other Adjustments: Financial Aid 20,422,451. Part XII, Line 2d - Other Adjustments: Fundraising Event Expenses 45,486. Part XII, Line 4b - Other Adjustments: Financial Aid 20,422,451. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The nondiscriminatory policy is published through an active recruitment program. Bulletins and employment advertisements also include such policies. Schedule E, Part I, Line 6 The College received $2,017,702 in government financial aid. Hot Stove Auction 37199 6719 30480 957 Golf Classic 38285 13800 24485 10145 3570 3 63660 1525 62135 14658 7584 1200 7372 139144 22044 117100 24803 12111 1200 7372 45486 71614 1 Federal 300 1546773 FMV Financial Aid Assistance State 197 470930 FMV Financial Aid Assistance College Merit-Based 724 14815202 FMV Financial Aid Assistance College Need-Based 386 2793417 FMV Financial Aid Assistance Tuition Exchange 5 102919 FMV Financial Aid Assistance Family Discounts 26 53550 FMV Financial Aid Assistance Donor Restricted 100 639660 FMV Financial Aid Assistance Part I, Line 2: Regarding grants and assistance to students in the U.S.: the College determines the students' eligibility prior to releasing the grant, and then monitors their enrollment status and satisfactory academic progress. X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dr James S Dlugos Former President 227297 0 0 0 28488 0 0 0 19929 0 275714 0 0 0 Dr Monique LaRocque SVP Learning/Past Interim President 176684 0 0 0 34500 0 2177 0 25025 0 238386 0 0 0 Jonathan Greven Sr. VP of Finance & Admin/CFO 171872 0 0 0 0 0 623 0 33153 0 205648 0 0 0 Kelly Hudock Chair of Nursing 137118 0 0 0 0 0 2373 0 13529 0 153020 0 0 0 Dr Frances Wiesen Psy D VP Student Life/CSDO 133907 0 0 0 0 0 3746 0 14668 0 152321 0 0 0 Part I, Line 1a The College provided a taxable housing allowance and automobile allowance benefits to Dr. James S. Dlugos, Former President, in the amount of $18,888 and $9,600, respectively. The College provided a taxable housing allowance and moving expense allowance benefit to Dr. Monique LaRocque, Senior Vice President/Past Interim President, in the amount of $12,000 and $22,500, respectively. The College provided a taxable automobile allowance benefit to Joseph Cassidy, President, in the amount of $5,538. A Maine Health & Higher Education Facilities Authorities - 2017A 010314384 56042RLG5 2017-06-27 44473721 Bond Refinance 2007A 0 0 1 B Maine Health & Higher Education Facilities Authorities - 2023A 010315384 56042SBX7 2023-07-25 72065468 New money & refunding 0 0 1 C Maine Health & Higher Education Facilities Authorities - 2020A 010314384 56042RXR8 2020-06-30 24443019 Bond refinance 2010B 0 0 1 D Maine Health & Higher Education Facilities Authorities - 2020B 010314384 56042RD82 2020-11-10 14031679 Refinance capital lease and construction 0 0 1 A 3428313 6050000 688312 85445 5276243 2017 1 0 1 1 B 1771288 5834788 671500 81758 5081530 2023 1 0 1 1 C 1131732 2315000 351732 43936 1919332 2020 1 0 1 1 D 355350 2105000 150350 36155 1918495 2021 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 Form 990, Schedule K: The amounts of the issue price on Part I differ from the amounts reported on Part II due to the fact all four bonds are pooled financing bonds. The amounts reported on Part II represent Saint Joseph's College's portion of the bond proceeds. Form 990, Part VI, Section A, line 7b As a condition to the Corporation's affiliation with the Conference for Mercy Higher Education (CMHE) and sponsorship by the Sisters of Mercy of the Americas, in no event shall the Board of Trustees take any of the following actions without the prior written consent of the Board of Directors of CMHE or its successor or designee (in each case, however, only to the extent such consent is required under Canon Law): (i) approve a sale or disposition of all or substantially all of the assets, a merger, consolidation, reorganization, dissolution or liquidation of the Corporation, or other fundamental transaction contemplated by Title 13-B, Section 1001 of the Maine Nonprofit Corporation Act (or any applicable successor provision); or (ii) amend the applicable Article of the Corporation's Bylaws with respect to the Corporation's Roman Catholic identity or the conditions relating to the affiliation of the Corporation with CMHE or its sponsorship by the Sisters of Mercy of the Americas. The President may confer with the Executive Director of CMHE (or its successor or designee), or any other person authorized by CMHE (or its successor or designee) to determine whether the prior written consent of the Board of Directors of CMHE (or its successor or designee) is required, and the Corporation shall be entitled to rely upon a certification by the Executive Director of CMHE or other authorized person with respect to such requirement. Form 990, Part VI, Section B, line 11b The Form 990 is electronically distributed to all members of the governing board. Any questions, comments, and concerns are addressed prior to filing the Form with the IRS. Form 990, Part VI, Section B, line 12c Conflict of interest questionnaires are distributed annually to all governing board members as well as senior management. There is continuous follow up until all signed questionnaires have been received. All conflict of interest questionnaires are reviewed by the CFO to determine if any information needs to be disclosed in the Form 990. If a conflict of interest is disclosed, appropriate action would be taken depending on the conflict of interest. Form 990, Part VI, Section B, line 15 The College uses salary survey data provided by various professional organizations as well as executive search firms. Based on the acquired data, a salary recommendation is made to the Board of Trustees for discussion and approval. The Chair of the Board of Trustees makes the employment offer to the presidential candidate and the President makes employment offers to all other officer positions. The process and deliberation is documented contemporaneously. Form 990, Part VI, Section C, line 19 The College's governing documents, conflict of interest policy, and financial statements reside in the office of the President, and copies are distributed upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Trustees of Saint Joseph's College Saint Joseph's College of Maine 278 Whites Bridge Road Standish, ME 04084 EIN: 01-0212542 Section 1.263(a)-3(n) Election: Trustees of Saint Joseph's College is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Change in Value of Split-Interest Agreement 103,331. Charitable Remainder Annuity Trust (1) Trust CA Trustees of Saint Joseph's College T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0