2023-05-11T13:09:30-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2021-07-01 592961536 BEACON COLLEGE INC BEAC 3527877660 105 EAST MAIN STREET LEESBURG FL 34748 SANDI RYSELL CFO 3527877660 2023-05-11 1 SANDI RYSELL 999009999 AMY CHAPMAN P00843460 4078021200 2023-05-03 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z SANDI RYSELL 105 EAST MAIN STREET LEESBURG FL 34748 31174371 0 X WWW.BEACONCOLLEGE.EDU X 1989 FL BEACON COLLEGE, A FOUR-YEAR ACCREDITED COLLEGE, SERVES STUDENTS WITH LEARNING DISABILITIES. 13 11 326 20 0 0 2673487 3199684 23922206 27237390 29966 52628 63501 80640 26689160 30570342 5478436 6297702 0 0 10129533 11562302 0 143191 454982 9446186 10521493 25054155 28524688 1635005 2045654 31945680 34273982 22122364 22498693 9823316 11775289 BEACON COLLEGE, A FOUR-YEAR ACCREDITED COLLEGE, SERVES STUDENTS WITH LEARNING DISABILITIES, ADHD, AND OTHER LEARNING DIFFERENCES. 0 0 24002086 6297702 27318030 BEACON WAS FOUNDED BY PARENTS IN ORDER TO MAKE A SUPERIOR HIGHER EDUCATION ACCESSIBLE TO STUDENTS WITH LEARNING DIFFERENCES. WHEN ESTABLISHED IN 1989, THE COLLEGE WAS GRANTED THE APPROVAL OF THE FLORIDA DEPARTMENT OF EDUCATION TO OFFER A FOCUSED LIBERAL ARTS-BASED CURRICULUM ALIGNED SPECIFICALLY TO THE LEARNING STYLES, SPECIALIZED INSTRUCTIONAL AND LIFESTYLE DEVELOPMENT NEEDS OF THESE STUDENTS. BEACON IS A FULLY ACCREDITATED FOUR-YEAR PRIVATE LIBERAL ARTS COLLEGE FOR STUDENTS SEEKING BACHELOR'S DEGREES. 24002086 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 1 0 1 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 51 0 1 326 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SANDI RYSELL 3527877660 105 EAST MAIN STREET LEESBURG FL 34748 DR DANIEL AVERBECK BOARD CHAIR 8.00 X X 0 0 0 SARAH FLANAGAN VICE CHAIR 6.00 X X 0 0 0 JOHN ROGERS SEC/TREASURER 6.00 X X 0 0 0 MARK GRIFFIN TRUSTEE 4.00 X 0 0 0 HUGH W THOMPSON III TRUSTEE 4.00 X 0 0 0 DEBBIE RESNICK TRUSTEE 4.00 X 0 0 0 DR JENNIFER BRAATEN TRUSTEE 4.00 X 0 0 0 ALFRED MOFFETT TRUSTEE 4.00 X 0 0 0 JOHN R GILL TRUSTEE 4.00 X 0 0 0 NANCY D JUDGE TRUSTEE 4.00 X 0 0 0 SHELDON H HOROWITZ TRUSTEE 4.00 X 0 0 0 CHARO UCEDA TRUSTEE 4.00 X 0 0 0 JENNIFER KNOPF TRUSTEE 4.00 X 0 0 0 DR GEORGE J HAGERTY PRESIDENT 40.00 X 357646 0 96128 SANDI RYSELL CFO (EFFECTIVE 08/21) 40.00 X 95706 0 24254 SHELLY CHANDLER PROVOST 40.00 X 165850 0 19543 DALE HEROLD VP OF ADMINSSIONS & ENROL 40.00 X 168251 0 21040 BRIAN COBB VP FINANCE & ADMIN/CFO (THRU 07/21) 40.00 X 181275 0 16559 RICHARD KILLION VP INSTITUTIONAL ADVANCEMENT 40.00 X 133151 0 31419 BRENT BETIT CHIEF OPERATING OFFICER 40.00 X 0 0 0 ALEXANDER MORRIS-WOOD ASSOC VP TRANSITION & STUDENT EXPERIENCE 40.00 X 106950 0 6115 1208829 0 215058 6 0 1 0 SODEXO INC & AFFILIATES 9801 WASHINGTON BLVD GAITHERSBURG MD 20878 DINING/FACILITIES 2525362 VEYTEC 2418 SILVER STAR ROAD ORLANDO FL 32804 IT SERVICES 754748 MATHIAS FOODSERVICE EQUIPMENT PO BOX 491658 LEESBURG FL 347491658 FOOD SERVICE EQUIPMENT CONTRACTOR 449018 JACOB P SMITH BUILDING CO 1737 LAKE TERRACE DR EUSTIS FL 32726 BUILDING CONTRACTOR 425823 JENZABAR PO BOX 845588 BOSTON MA 02284 SOFTWARE SERVICES 400003 8 709124 2490560 12085 3199684 TUITION & FEES 611310 20006209 20006209 ROOM AND BOARD FEES 611310 5640158 5640158 STUDENT SERVICE FEES 611310 1092965 1092965 SUMMER FOR SUCCESS FEES 611310 498058 498058 27237390 33601 33601 403607 365202 19378 38405 -19378 19027 19027 248142 219449 28693 28693 OTHER REVENUE 990009 51947 51947 51947 30570342 27318030 0 52628 X 6241552 6241552 56150 56150 1480510 539905 728522 212083 7892701 6779975 1112726 307944 270983 36961 1244787 993268 251519 636360 520516 111687 4157 43665 43665 257570 257570 66766 66766 150 150 143191 143191 21446 21446 3386513 3116546 242551 27416 382531 305318 68144 9069 558301 179565 362757 15979 271960 184927 75594 11439 1546558 1434679 111879 186993 92459 83967 10567 158246 89990 67588 668 601131 577807 23324 1297123 1210725 86398 396376 382646 13730 SPECIAL EVENTS 498859 368523 116157 14179 OPERATING SUPPLIES 453909 300548 147932 5429 DIRECT AID TO STUDENTS 299505 299505 93891 56499 36587 805 28524688 24002086 4067620 454982 1491737 1966520 6228 0 654764 508026 386630 41150 82226 76189 235036 321535 37486181 8653060 26874379 28833121 1700816 1934066 202664 232544 311200 360831 31945680 34273982 1444083 1333830 2517504 2613031 17744635 18188186 416142 363646 22122364 22498693 X 8362446 9707156 1460870 2068133 9823316 11775289 31945680 34273982 X 2045654 -119699 26018 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 213 213 0 PART II-B, LINE 1: THE ANNUAL LOBBYIST REGISTRATION FEE IS FOR RICHARD KILLION. THE ORGANIZATION ALSO PAID MEMBERSHIP DUES TO NAICU THAT ENGAGES IN LOBBYING ACTIVITIES. X X 0 120836 -2552 118284 98557 22279 120836 100811 -2254 98557 92436 8375 100811 83990 8446 92436 0.00000 0.60000 0.40000 0 0 3255895 3255895 26425787 4970823 21454964 1953770 718793 1234977 4102900 2202626 1900274 1747829 760818 987011 28833121 X 24394822 -119699 219449 99750 24295072 21446 6253824 6275270 30570342 22442849 237309 237309 22205540 21446 6297702 6319148 28524688 PART III, LINE 1A: COLLECTION ITEMS CONSIST OF ART OBJECTS THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGUED, PRESERVED, CARED FOR, AND KEPT UNENCUMBERED. ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PART V, LINE 4: THE ORGANIZATION INTENDS TO USE ITS ENDOWMENTS TO PROVIDE FUNDS FOR FUTURE SCHOLARSHIPS. PART X, LINE 2: THE COLLEGE IS SUBJECT TO FEDERAL INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COLLEGE HAS EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AND HAS NOT RECORDED ANY OBLIGATIONS FOR UNRELATED BUSINESS INCOME TAX. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON THE REVENUE PAGE 219,449. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS NETTED AGAINST TUITION REVENUE 6,297,702. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -43,878. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON THE REVENUE PAGE 219,449. BAD DEBTS - PLEDGE 17,860. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS NETTED AGAINST TUITION REVENUE 6,297,702. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 BEACON COLLEGE'S POLICY IS STATED IN ALL ADVERTISING/NEWS RELEASES AT THE START OF THE SCHOOL YEAR. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: BEACON COLLEGE HAS BEEN THE RECIPIENT OF FLORIDA TUITION ASSISTANCE AND THE RECIPIENT OF FLORIDA DEPARTMENT OF TRANSPORTATION GRANTS TO PURCHASE VEHICLES. BEACON COLLEGE HAS NEVER HAD ITS RIGHT TO FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY REVOKED. 0 0 0 0 0 0 0 0 0 SCHOLARSHIPS SCHOLARSHIPS 6 56150 RATE REDUCTIONS ASSISTANCE IN THE FORM OF TUITION REDUCTION & REDUCED RATE FOR ROOM AND BOARD. FMV 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X X X X 1 CURLEY & PYNN PUBLIC RELATIONS 1516 HILLCREST ST STE 210 ORLANDO FL 32803 CAPITAL CAMPAIGN - PUBLIC RELATIONS MANAGEMENT SERVICES 0 0 59754 0 DONNA MARTIN 2279 NATOMA BLVD MT DORA FL 32757 CAPITAL CAMPAIGN - DONOR DATABASE MANAGEMENT 0 0 34148 0 ASPIRE RESEARCH GROUP 701 S HOWARD AVE STE 106-447 TAMPA FL 33606 CAPITAL CAMPAIGN - PROSPECT SCREEENING & VERIFICATION 0 0 19345 0 BRANDCONNEX LLC 99 WOOD AVE S STE 304 ISELIN NJ 08830 CAPITAL CAMPAIGN - DIGITAL MARKETING 0 0 12900 0 NG PRODUCTION FILMS 801 INTERNATIONAL PKWY 5TH FLR LAKE MARY FL 32746 CAPITAL CAMPAIGN - FILMING & EDITING 0 0 5164 0 131311 FL 1 SCHOLARSHIPS AND GRANTS 455 6241552 0 N/A N/A PART I, LINE 2: PRIMARILY STUDENTS ARE AWARDED BEACON SCHOLARSHIP AND GRANT AID (DISCOUNTED EDUCATION COSTS) BASED ON DEMONSTRATING FINANCIAL NEED AS DEFINED BY FEDERAL STUDENT AID GUIDELINES. THE DISCOUNT APPLIED IS AWARDED ON A FORMULA ASSIGNING THE LARGEST BEACON DISCOUNT TO THE NEEDIEST STUDENTS. THERE ARE A FEW SCHOLARSHIPS(DISCOUNTS) AWARDED BASED ON RECOMMENDATIONS FROM EDUCATIONAL PROFESSIONALS(PROFESSIONAL EDUCATOR SCHOLARSHIP)AND/OR A GRANT (RAISE ME) OFFERED TO STUDENTS WHO ACHIEVED SPECIFIC ACCOMPLISHMENTS IN HIGH SCHOOL. IN THESE CASES EVERYONE AUTOMATICALLY RECEIVES THE SAME LEVEL OF REDUCTION BASED ON PREDETERMINED CRITERIA. INTERNATIONAL STUDENTS ARE ALSO ELIGIBLE TO RECEIVE AN EDUCATIONAL COST REDUCTION BY DEMONSTRATING FINANCIAL NEED. THESE GRANTS VARY AND ARE DETERMINED BY THE STUDENT'S FINANCIAL CIRCUMSTANCES. IN ORDER FOR STUDENTS TO CONTINUE TO RECEIVE NEED-BASED BEACON COLLEGE GRANTS AND SCHOLARSHIPS, STUDENTS MUST RE-APPLY EACH YEAR USING THE FEDERAL APPLICATION FOR STUDENT AID. STUDENTS MUST ALSO REMAIN IN GOOD ACADEMIC STANDING AS DESCRIBED IN THE BEACON ACADEMIC CATALOG. SHOULD THE STUDENT/FAMILY FINANCIAL CIRCUMSTANCE CHANGE, THE STUDENT MAY RECEIVE A REDUCTION OR INCREASE IN A BEACON GRANT. IN THE CASE OF NON-NEED BASED BEACON COLLEGE GRANTS; STUDENTS ARE MONITORED ANNUALLY TO ASSURE THEY ARE MAINTAINING GOOD ACADEMIC STANDING. X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 DR GEORGE J HAGERTY PRESIDENT 293507 0 21386 0 42753 0 74712 0 21416 0 453774 0 0 0 BRIAN COBB VP FINANCE & ADMIN/CFO (THRU 07/21) 114908 0 0 0 66367 0 5815 0 10744 0 197834 0 0 0 DALE HEROLD VP OF ADMINSSIONS & ENROL 156251 0 12000 0 0 0 7766 0 13274 0 189291 0 0 0 SHELLY CHANDLER PROVOST 165850 0 0 0 0 0 8460 0 11083 0 185393 0 0 0 RICHARD KILLION VP INSTITUTIONAL ADVANCEMENT 133151 0 0 0 0 0 4523 0 26896 0 164570 0 0 0 PART I, LINE 1A DR. GEORGE J. HAGERTY- HOUSING ALLOWANCE WAS INCLUDED IN HIS TAXABLE INCOME. PART I, LINE 3 BEACON COLLEGE ESTABLISHES CEO/EXECUTIVE DIRECTOR COMPENSATION USING ALL OF THE FOLLOWING ELEMENTS: (1) REVIEW AND APPROVAL BY INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. PART I, LINE 4A BRIAN COBB RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $57,046.16. A HIGHER EDUCATIONAL FACILITIES FINANCE AUTHORITY 900058227 2019-06-27 20070000 REFUND PRIOR ISSUE; RESIDENCE & DINING HALL 0 0 0 A 20070000 243107 400329 348817 7218345 11859409 2022 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: HIGHER EDUCATIONAL FACILITIES FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/31/2022 NATHAN A JUDGE FAMILY MEMBER OF NANCY JUDGE, TRUSTEE OF THE ORGANIZATION 36167 COMPENSATION AND BENEFIT PAID BY THE ORGANIZATION 0 SAMANTHA RESNICK FAMILY MEMBER OF DEBBIE RESNICK, TRUSTEE OF THE ORGANIZATION 40286 COMPENSATION PAID BY THE ORGANIZATION 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE FIVE MEMBERS, ALL OF WHOM SHALL BE VOTING MEMBERS OF THE BOARD. THE PRESIDENT SHALL ALSO SERVE ON THE EXECUTIVE COMMITTEE BUT IN AN EX OFFICIO, NON-VOTING CAPACITY. THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE OFFICERS OF THE BOARD WITH OTHER MEMBERS SELECTED FROM THE CHAIRS OF STANDING COMMITTEES AND/OR AT-LARGE MEMBERS NOMINATED BY THE BOARD CHAIR AND CONFIRMED AT THE BOARD'S ANNUAL MEETING BY A MAJORITY VOTE OF THOSE TRUSTEES IN ATTENDANCE. IN CONDUCTING ITS DUTIES, THE EXECUTIVE COMMITTEE, SHALL NOT, EVEN IF THE NUMBER IS SUFFICIENT, BE CONSIDERED A QUORUM FOR A SPECIAL MEETING OF THE FULL BOARD. THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT FOR THE BOARD BETWEEN REGULAR BOARD OF TRUSTEES' MEETINGS ON ALL MATTERS, EXCEPT FOR THOSE MATTERS EXCLUSIVELY RESERVED TO THE BOARD: (I) PRESIDENTIAL SELECTION AND TERMINATION, (II) BOARD MEMBER AND BOARD OFFICER ELECTION, (III) CHANGES IN THE MISSION AND/OR PURPOSE OF THE INSTITUTION, (IV) AMENDMENTS TO THE ARTICLES OF INCORPORATION AND/OR BYLAWS, (V) INCURRENCE OF CORPORATE INDEBTEDNESS, (VI) SALE OR OTHER DISPOSITION OF REAL ESTATE AND/OR OTHER TANGIBLE PROPERTY, (VII) ADOPTION OF THE ANNUAL BUDGET, AND (VIII) CONFERRAL OF DEGREES, (IX) SETTING TUITION, (X) SETTING INCREASES IN SALARIES. FORM 990, PART VI, SECTION B, LINE 11B BOARD OF TRUSTEES MEMBERS ARE PROVIDED A DRAFT COPY OF THE FORM 990 FOR THEIR REVIEW, CHANGES NOTED BY MEMBERS ARE MADE AS NECESSARY, AND THE FINAL FORM 990 IS THEN FILED UPON SIGNATURE OF AN AUTHORIZED OFFICER. FORM 990, PART VI, SECTION B, LINE 12C A BOARD MEMBER SHALL BE CONSIDERED TO HAVE A CONFLICT OF INTEREST IF HE OR SHE, OR PERSONS OR ENTITIES WITH WHICH HE OR SHE IS AFFILIATED, HAS A DIRECT OR INDIRECT INTEREST THAT MAY IMPAIR OR MAY REASONABLY APPEAR TO IMPAIR HIS OR HER INDEPENDENT, UNBIASED JUDGMENT IN THE DISCHARGE OF HIS OR HER RESPONSIBILITIES TO THE INSTITUTION. BOARD MEMBERS SHALL DISCLOSE TO THE BOARD ANY ACTUAL, APPARENT, OR POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICAL TIME. A BOARD MEMBER WHO HAS MADE SUCH A DISCLOSURE SHALL ABSTAIN FROM VOTING ON SUCH MATTERS, OR PARTICIPATING IN OR OTHERWISE INFLUENCING THE DELIBERATIONS OF THE BOARD IN RELATION TO THE MATTER FOR WHICH AN ACTUAL, APPARENT, OR POSSIBLE CONFLICT IS ACKNOWLEDGED. THE BOARD MEETING MINUTES SHALL REFLECT THAT A DISCLOSURE WAS MADE AND NOTE THE BOARD MEMBERS' ABSTENTION FROM VOTING AND ABSENCE DURING BOARD DELIBERATIONS. A BOARD MEMBER WHO IS RECUSED MAY BE COUNTED FOR PURPOSES OF DETERMINING THE PRESENCE OF A QUORUM AT THE MEETING, BUT SHALL NOT BE COUNTED FOR PURPOSES OF DETERMINING THE PRESENCE OF A QUORUM FOR REQUISITE BOARD ACTION. IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY, EVERY BOARD MEMBER SHALL COMPLETE AND SIGN A DISCLOSURE FORM ON AN ANNUAL BASIS, AND UPDATE THE FORM AS PROMPTLY AS POSSIBLE FOLLOWING KNOWLEDGE OF CONDITIONS THAT MAY CREATE A POSSIBLE CONFLICT OF INTEREST. BOARD MEMBERS SERVE AS VOLUNTEERS AND ARE NOT COMPENSATED FOR THEIR SERVICES. THEY MAY BE REIMBURSED FOR TRANSPORTATION AND OTHER REASONABLE DIRECT EXPENSES WHILE ENGAGED IN THE DISCHARGE OF THEIR OFFICIAL BOARD DUTIES. FORM 990, PART VI, SECTION B, LINE 15 BEACON CONDUCTS AN ANNUAL ADMINISTRATIVE SALARY AND BENEFIT SURVEY FOR THE PRESIDENT. AT THE SAME TIME, AN ANNUAL SALARY SURVEY OF THE PROVOST, THE VICE PRESIDENT OF FINANCE & STRATEGIC PRIORITIES/CFO, VICE PRESIDENT OF ADMISSIONS & ENROLLMENT MANAGEMENT, VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT AND THE ASSOCIATE VICE PRESIDENT OF STUDENT ENGAGEMENT AND SUCCESS IS ALSO CONDUCTED. THE RESEARCH UTILIZED FOR THE ADMINISTRATIVE SURVEY IS OBTAINED FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR). CUPA-HR IS CONSIDERED THE DEFINITIVE SOURCE FOR ADMINISTRATIVE SALARIES FOR HIGHER EDUCATION SINCE 1967, AND THE RESEARCH FROM ITS ADMINISTRATOR SURVEY IS USED BY THE "CHRONICLE OF HIGHER EDUCATION" TO ANNUALLY REPORT ON THE COMPENSATION FOR HIGHER EDUCATION ADMINISTRATIVE STAFF. IN ADDITION, BEACON UTILIZES THE DATA OBTAINED FROM THE MOST RECENT IRS 990 FILINGS FOR EACH COLLEGE THAT BEACON UTILIZES FOR COMPARATIVE PURPOSES. INCLUDED IN THIS COMPARISON ARE: PEER COLLEGES, FLORIDA COLLEGES, PRIVATE INDEPENDENT COLLEGES, BACCALAUREATE COLLEGES, AND SOUTHERN REGION PRIVATE INDEPENDENT COLLEGES, BY ENROLLMENT OR TOTAL EXPENSE. THE DIRECTOR OF HUMAN RESOURCES PERFORMS THE ANALYSIS OF DATA AND WRITES THE REPORTS, WHICH INCLUDES DATA DOCUMENTATION, FOR THE BOARD CHAIR AND PRESIDENT TO REVIEW. THE PRESIDENT MAKES A RECOMMENDATION TO THE BOARD CHAIR FOR SUGGESTED COMPENSATION FOR EXECUTIVE LEVEL COMPENSATION, BASED ON AN ANNUAL REVIEW OF THEIR ACCOMPLISHMENTS IN THEIR RESPECTIVE POSITIONS. THE BOARD CHAIR REVIEWS BOTH THE PRESIDENT'S ANNUAL COMPENSATION SURVEY AND EXECUTIVE LEVEL COMPENSATION RECOMMENDATIONS FROM THE PRESIDENT. THESE ARE THEN PRESENTED TO THE COMPENSATION COMMITTEE APPOINTED BY THE EXECUTIVE COMMITTEE FOR REVIEW AND DISCUSSION, TO INCLUDE THE ANNUAL REVIEW FOR THE PRESIDENT. THE COMPENSATION COMMITTEE MEETS IN CLOSED SESSION AND DETERMINES THE COMPENSATION LEVELS FOR THE PRESIDENT AND SENIOR EXECUTIVES. THE COMPENSATION COMMITTEE ADVISES THE EXECUTIVE COMMITTEE WHO PRESENTS THE RECOMMENDATIONS TO THE FULL BOARD. THIS PROCESS WAS LAST CONDUCTED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST FOR A REASONABLE COPYING CHARGE. FORM 990, PART IX, LINE 11G FINANCIAL AID SERVICES: PROGRAM SERVICE EXPENSES 51,468. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,468. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 83,628. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,628. MARKETING AND OUTREACH SERVICES: PROGRAM SERVICE EXPENSES 18,300. MANAGEMENT AND GENERAL EXPENSES 75,897. FUNDRAISING EXPENSES 4,141. TOTAL EXPENSES 98,338. HEALTH SERVICES MANAGEMENT: PROGRAM SERVICE EXPENSES 108,550. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 108,550. FACILITIES MANAGEMENT: PROGRAM SERVICE EXPENSES 855,291. MANAGEMENT AND GENERAL EXPENSES 34,525. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 889,816. DINING SERVICES: PROGRAM SERVICE EXPENSES 1,960,474. MANAGEMENT AND GENERAL EXPENSES 240. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,960,714. OTHER: PROGRAM SERVICE EXPENSES 38,835. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,835. IT MANAGEMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 131,889. FUNDRAISING EXPENSES 23,275. TOTAL EXPENSES 155,164. FORM 990, PART XI, LINE 9: CHANGE IN VALUE SPLIT INTEREST AGREEMENT 43,878. BAD DEBT - PLEDGES -17,860.