CHESNUT HILL COLLEGE OF THE SISTERS OF ST JOSEPH: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CHESNUT HILL COLLEGE OF THE SISTERS OF ST JOSEPH (EIN 23-1352626)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-15
- IRS object ID
- 202311359349319471
- Schema version
- 2021v4.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-15T19:27:30-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1570 FRUITVILLE PIKE SUITE 400 | AddressLine1Txt |
| City | LANCASTER | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231352626 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHESTNUT HILL COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHES | BusinessNameControlTxt |
| Phone | 2152487163 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9601 GERMANTOWN AVENUE | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19118 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN MCCLOSKEY | PersonNm |
| Person Title | VP OF FINANCIAL AFFAIRS | PersonTitleTxt |
| Phone | 2152487163 | PhoneNum |
| Signature | 2023-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BRIAN | PersonFirstNm |
| Person Last | MCCLOSKEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KERRI N BOGDA CPA | PreparerPersonNm |
| PTIN | P00760402 | PTIN |
| Phone | 7177404863 | PhoneNum |
| Preparation | 2023-05-15 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BRIAN MCCLOSKEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9601 GERMANTOWN AVENUE | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19118 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $66,788,936 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CHC.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1924 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | PRIVATE LIBERAL ARTS COLLEGE SPONSORED BY THE CONGREGATION OF THE SISTERS OF ST. JOSEPH OF PHILA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 29 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 29 | VotingMembersIndependentCnt |
| Total Employee | 605 | TotalEmployeeCnt |
| Total Volunteers | 34 | TotalVolunteersCnt |
| Total Gross UBI | $304,033 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,694,429 | PYContributionsGrantsAmt |
| CY Contributions Grants | $19,665,792 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $41,347,670 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $42,749,319 | CYProgramServiceRevenueAmt |
| PY Investment Income | $532,806 | PYInvestmentIncomeAmt |
| CY Investment Income | $620,998 | CYInvestmentIncomeAmt |
| PY Other Revenue | $263,032 | PYOtherRevenueAmt |
| CY Other Revenue | $629,280 | CYOtherRevenueAmt |
| PY Total Revenue | $52,837,937 | PYTotalRevenueAmt |
| CY Total Revenue | $63,665,389 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $17,826,637 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $18,169,405 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $17,050,874 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,725,391 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $226,473 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $71,286 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,460,399 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,093,696 | PYOtherExpensesAmt |
| CY Other Expenses | $19,748,248 | CYOtherExpensesAmt |
| PY Total Expenses | $49,197,680 | PYTotalExpensesAmt |
| CY Total Expenses | $55,714,330 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,640,257 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,951,059 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $72,389,717 | TotalAssetsBOYAmt |
| Total Assets EOY | $76,444,726 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $33,270,385 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $31,706,821 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $39,119,332 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $44,737,905 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF CHESTNUT HILL COLLEGE IS TO PROVIDE STUDENTS WITH HOLISTIC EDUCATION IN AN INCLUSIVE CATHOLIC COMMUNITY MARKED BY ACADEMIC EXCELLENCE, SHARED RESPONSIBILITY, PERSONAL AND PROFESSIONAL GROWTH, SERVICE TO ONE ANOTHER AND TO THE GLOBAL COMMUNITY, AND CONCERN FOR THE EARTH. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $29,404,384 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $42,749,319 | RevenueAmt |
| Desc | EDUCATION AND STUDENT SERVICE: ANCHORED AND ANIMATED BY THE MISSION OF THE SISTERS OF SAINT JOSEPH, CHESTNUT HILL COLLEGE IS COMMITTED TO ACTIVE SERVICE IN PURSUIT OF JUST RELATIONSHIPS, INNOVATIVE THINKING, AND RESPONSIBLE ACTION TOWARD A MORE UNIFIED GLOBAL SOCIETY AND SUSTAINABLE EARTH. THE COLLEGE OFFERS TODAY'S STUDENTS A TRANSFORMATIVE, HOLISTIC EDUCATION GROUNDED IN EXPERIENTIAL LEARNING AND FOCUSING ON CREATING SOLUTIONS TO REAL-WORLD PROBLEMS. ORGANIZED INTO INTERDISCIPLINARY ACADEMIC CENTERS RATHER THAN TRADITIONAL DEPARTMENTS, STUDENTS ARE UNIQUELY POSITIONED TO BENEFIT FROM NOT ONLY THE FACULTY EXCELLENCE WITHIN THEIR GIVEN PROGRAMS OF STUDY, BUT ALSO DRIVEN TO COLLABORATE ON INTERCONNECTED PROJECTS SPANNING THE BREADTH OF DEPTH OF KNOWLEDGE, EXPERIENCE, AND EXPERTISE OF THE BROADER FACULTY AND LEARNING COMMUNITY.CHESTNUT HILL COLLEGE OFFERS 35 BACCALAUREATE PROGRAMS, INCLUDING BUSINESS, PSYCHOLOGY, AND EXERCISE SCIENCE; A BACHELOR OF SCIENCE DEGREE IN CYBERSECURITY WAS LAUNCHED IN FALL 2018. THE COLLEGE ALSO OFFERS A MASTER'S DEGREE IN SIX FIELDS AND A DOCTORATE DEGREE IN CLINICAL PSYCHOLOGY. IN FALL 2020, THE COLLEGE BEGAN OFFERING A MASTER'S DEGREE IN ORGANIZATIONAL LEADERSHIP. THERE ARE 14 PROGRAMS IN THE ADULT ACCELERATED DEGREE PROGRAM OFFERING ASSOCIATE, BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES. THE GRADUATE SCHOOL OFFERS 11 DEGREE PROGRAMS AND 17 CERTIFICATE PROGRAMS.DURING THE 2021-2022 ACADEMIC YEAR, CHESTNUT HILL ENROLLED 1,255 UNDERGRADUATE STUDENTS AND 532 GRADUATE STUDENTS. CHESTNUT HILL COLLEGE IS ONE OF ONLY ELEVEN COLLEGES/UNIVERSITIES IN THE U.S. OFFERING A MONTESSORI PROGRAM AS PART OF A BACHELOR'S OR MASTER'S DEGREE. CHESTNUT HILL COLLEGE'S PROGRAM IS AN AFFILIATE OF THE AMERICAN MONTESSORI SOCIETY (AMS) AND IS ACCREDITED BY THE MONTESSORI ACCREDITATION COUNCIL FOR TEACHER EDUCATION (MACTE).CHESTNUT HILL COLLEGE WAS RECOGNIZED AS ONE OF THE TOP 10 COLLEGES IN PHILADELPHIA IN 2019.CHESTNUT HILL COLLEGE IS COMMITTED TO IMPROVING THE EFFICIENCY AND EFFECTIVENESS OF ITS PROGRAMS AND SERVICES. IN 2017-2018, THE COLLEGE CONDUCTED AN ACADEMIC PROGRAM REVIEW AND PRIORITIZATION OF ALL ACADEMIC PROGRAMS TO IMPROVE QUALITY AND EFFICIENCY, ASSESS BENCHMARKS, AND IDENTIFY OPPORTUNITIES FOR GROWTH AND IMPROVEMENT. SIXTEEN ACADEMIC DEPARTMENTS WERE CONSOLIDATED UNDER A FACULTY-LED PROCESS INTO SIX ACADEMIC CENTERS. THIS RECONFIGURATION HAS RESULTED IN INCREASED COLLABORATION BETWEEN FACULTY AND A REDUCTION IN ADMINISTRATIVE COSTS.CHESTNUT HILL ALSO ACQUIRED A LEARNING MANAGEMENT SYSTEM IN FY 2018-2019 TO OFFER UNDERGRADUATE COURSES IN A HYBRID/ONLINE FORMAT. ALL COURSES CONVERTED TO CANVAS IN SUMMER 2019. IN ADDITION, CHESTNUT HILL COLLEGE IS UTILIZING SLATE TO IMPROVE THE ENROLLMENT MANAGEMENT EXPERIENCE FOR ITS STUDENTS.ACADEMIC AND STUDENT SUPPORT:FOR NEARLY 100 YEARS, CHESTNUT HILL COLLEGE HAS DEMONSTRATED ITS COMMITMENT TO PROVIDE STUDENTS WITH A TRANSFORMATIVE, HOLISTIC EDUCATION. TO THIS END, THE COLLEGE IMPLEMENTED MULTIPLE DYNAMIC ACADEMIC AND STUDENT SUPPORT PROGRAMS BEGINNING IN 2018-2019, CONTINUING TO ASSIST STUDENTS IN DECLARING A MAJOR, ACCESSING TECHNOLOGY AND TEXTBOOKS TO PROMOTE LEARNING, AND SUPPORTING THOSE EXPERIENCING FOOD INSECURITY.CHESTNUT HILL COLLEGE LAUNCHED ITS ACADEMIC DISCOVERY PROGRAM (ADP) IN 2018-2019 TO ADDRESS A GROWING NUMBER OF UNDECLARED MAJORS. IN THIS VOLUNTARY, TWO-SEMESTER PROGRAM, STUDENTS MEET WITH A DEDICATED STUDENT SUCCESS ADVISOR, TAKE TWO COURSES FOCUSED ON ACADEMIC AND CAREER DISCOVERY, DEVELOP A CAREER PLAN, AND OUTLINE A PATH FOR DEGREE COMPLETION WITHIN FOUR YEARS. THE COLLEGE ALSO LAUNCHED A LENDING LIBRARY IN FALL 2018 TO SUPPORT THE INCREASING NUMBER OF UNDERGRADUATE STUDENTS UNABLE TO AFFORD TEXTBOOKS AND COMPUTERS. THIS LIBRARY PROVIDES TEXTBOOKS TO STUDENTS ENROLLED IN GATEWAY COURSES, INCLUDING MATH, ENGLISH, FRENCH, SPANISH, PSYCHOLOGY, LIBERAL ARTS, RELIGIOUS STUDIES, AND COMPUTER AND INFORMATION TECHNOLOGY. THROUGH THE SISTERS OF SAINT JOSEPH, THE COLLEGE HAS THE ABILITY TO PROVIDE LOANER LAPTOPS FOR QUALIFYING STUDENTS.THE COLLEGE ALSO PARTNERED WITH THE ARCHDIOCESE OF PHILADELPHIA, SISTERS OF SAINT JOSEPH, AND WAWA TO OPEN AN ON-CAMPUS FOOD PANTRY TO ADDRESS THE GROWING ISSUE OF FOOD INSECURITY AFFECTING STUDENTS. ACCESSIBLE TO ALL STUDENTS, FACULTY, AND STAFF, THE PANTRY OFFERS A SELECTION OF NON-PERISHABLE AND REFRIGERATED GOODS. NO PROOF OF INCOME IS NEEDED OR REQUIRED.AUXILIARY SERVICES:AUXILIARY SERVICES INCLUDE A DIVERSE GROUP OF INTERNAL AND EXTERNAL UNITS INCLUDING RESIDENCE LIFE, FOOD SERVICES, AND FACILITIES RENTALS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $18,169,405 | ExpenseAmt |
| Grant | $18,169,405 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | FINANCIAL AID AT CHESTNUT HILL COLLEGE PROVIDES ACCESS TO HIGHER EDUCATION FOR A DIVERSE GROUP OF STUDENTS, INCLUDING THOSE WITH SIGNIFICANT FINANCIAL NEED. FOR TRADITIONAL UNDERGRADUATE STUDENTS, APPROXIMATELY 99% OF FULL-TIME STUDENTS ATTENDING CHESTNUT HILL COLLEGE RECEIVE INSTITUTIONAL SCHOLARSHIPS AND GRANTS, WHILE 100% OF FIRST-TIME, FULL-TIME STUDENTS RECEIVED SOME FORM OF FINANCIAL AID IN FISCAL 2021-2022. CHESTNUT HILL COLLEGE OFFERS A VARIETY OF SCHOLARSHIPS AND GRANTS TO HELP ENSURE STUDENTS HAVE THE ACCESS AND MEANS TO FULLY REALIZE THE BENEFITS OF A GREAT LIBERAL ARTS EDUCATION. THESE SCHOLARSHIPS AND GRANTS, WHICH DO NOT NEED TO BE REPAID, ARE GENERALLY RENEWABLE FOR AN ADDITIONAL FOUR YEARS FOR FIRST-YEAR UNDERGRADUATE STUDENTS. THE COLLEGE OFFERS COMPREHENSIVE FINANCIAL AID PACKAGES TO SUPPORT STUDENTS' PERSONAL AND PROFESSIONAL GOALS. GRADUATE AND ACCELERATED ADULT DEGREE PROGRAM TUITION IS BILLED PER CREDIT HOUR AND THE ADMINISTRATIVE COSTS OF A STUDENT'S EDUCATION ARE COVERED THROUGH PROGRAM FEES. TRADITIONAL FULL-TIME UNDERGRADUATE STUDENTS RECEIVE AWARD LETTERS DETAILING ANY AID FOR WHICH THEY ARE ELIGIBLE. AID PACKAGES COVER TUITION, FEES, ROOM, BOARD, BOOKS, SUPPLIES, TRANSPORTATION, AND ADDITIONAL MISCELLANEOUS EXPENSES. A TYPICAL AID PACKAGE INCLUDES GRANTS OR SCHOLARSHIPS AND CAMPUS EMPLOYMENT (UP TO 20 HOURS PER WEEK). UNDERGRADUATES WILL LIKELY RECEIVE THE SAME AMOUNT ALL FOUR YEARS AS LONG AS THEY SUBMIT THE FAFSA ANNUALLY, CONTINUE TO MEET ALL AWARD CONDITIONS, AND THEIR NEED REMAINS ESSENTIALLY UNCHANGED. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $47,573,789 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 130 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 605 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 29 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 29 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ID | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LARZ E JETER CONTROLLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2152487163 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9601 GERMANTOWN AVENUE | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19118 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| CAROL JEAN VALE SSJ | ||||||||
| PRESIDENT/BOARD MEMBER | 50.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CAHTERINE LOCKYER MOULTON | ||||||||
| BOARD CHAIR | 0.50 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MAUREEN ERDLEN SSJ | ||||||||
| BOARD VICE CHAIR | 0.50 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JILL KIMBERLEY BANKS | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SALLYANN M BOWMAN MD | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN JIN DAVIS | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEVIN DEVOUE | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KAREN DIETRICH SSJ | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HERMAN C FALA JD | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL FITZPATRICK | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH FLINT | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JACK GULATI | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID GUNN | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MILA M HAYES | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH HUGHES SSJ | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY ANN KEENAN MD | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EILEEN MARNIEN SSJ | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOANNE MCFADDEN MCBRIDE | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARGARET MCCAFFERY | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY MCFADDEN SSJ CFRE | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANCES R PIERCE | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS QUEENAN | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN SABIA JR | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LYNN MULVANEY SHARP | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROL STEINOUR YOUNG ESQ | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARYANNE L WALSH | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RASHIDA M WEATHERS | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KENNETH WONG | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RONALD ZEMNICK | ||||||||
| BOARD MEMBER | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH DENNY | ||||||||
| BOARD MEMBER (UNTIL 08/2021) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHANIE KING | ||||||||
| BOARD MEMBER (UNTIL 08/2021) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROLYN MONTGOMERY | ||||||||
| BOARD MEMBER (UNTIL 08/2021) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JANET BROWN QUINTAL | ||||||||
| BOARD MEMBER (UNTIL 08/2021) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT RIETHMILLER JR | ||||||||
| BOARD MEMBER (UNTIL 08/2021) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID WOODFORD | ||||||||
| TREAS./VP FIN. AFFAIRS (UNTIL 7/21) | 50.00 | 0.00 | Yes (X) | $169,679 | $0 | $10,646 | ||
| ROBERT WALLETT | ||||||||
| INTERIM VP, FIN. AFF.(AS OF 8/21) | 50.00 | 0.00 | Yes (X) | $111,297 | $0 | $0 | ||
| KATHRYN MILLER SSJ | ||||||||
| BOARD SECRETARY-NON VOTING | 50.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER B DOUGHERTY | ||||||||
| VP ACADEMIC AFFAIRS | 50.00 | 0.00 | $189,462 | $0 | $17,003 | Yes (X) | ||
| KEVIN HEARN | ||||||||
| VP ENROLLMENT MANAGEMENT | 50.00 | 0.00 | $171,928 | $0 | $26,005 | Yes (X) | ||
| CHRISTINA ABBOTT | ||||||||
| LEGAL COUNSEL & CHIEF OF STAFF | 50.00 | 0.00 | $166,396 | $0 | $10,605 | Yes (X) | ||
| ERIN WOOLEY | ||||||||
| VP INSTITUTIONAL ADVANCEMENT | 50.00 | 0.00 | $159,626 | $0 | $10,488 | Yes (X) | ||
| LYNN ORTALE | ||||||||
| VP STUDENT LIFE | 50.00 | 0.00 | $127,041 | $0 | $25,298 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,095,429 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $100,045 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CHARTWELLS COLLEGE & UNIVERSITY DINNING | |||||
| COMPASS GROUP USA PO BOX 91337 | CHICAGO | IL | 60673 | DINING SERVICES | $1,136,755 |
| ALLIED UNIVERSAL | |||||
| 161 WASHINGTON STREET STE 600 | CONSHOHOCKEN | PA | 19428 | SECURITY SERVICES | $1,093,363 |
| EMCOR FUIDICS | |||||
| 9815 ROOSEVELT BLVD SUITE A | PHILADELPHIA | PA | 19114 | PHYSICAL PLANT SVCS | $906,402 |
| EDUCATION ADVISORY BOARD | |||||
| PO BOX 603519 | CHARLOTTE | NC | 28260 | CONSULTING SERVICES | $280,102 |
| JENZABAR INC | |||||
| PO BOX 845588 | BOSTON | MA | 02284 | ACCOUNTING AND SYSTEM SOFTWARE | $242,566 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 17 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $351,121 | FundraisingAmt |
| Government Grants | $10,329,316 | GovernmentGrantsAmt |
| All Other Contributions | $8,985,355 | AllOtherContributionsAmt |
| Noncash Contributions | $1,239,197 | NoncashContributionsAmt |
| Total Contributions | $19,665,792 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611600 | $38,130,709 | $38,130,709 |
| ROOM AND BOARD | 611600 | $4,369,534 | $4,369,534 |
| AUXILIARY FEES | 611600 | $245,351 | $245,351 |
| INTEREST INCOME- STUDENT DEBT | 611600 | $3,725 | $3,725 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $42,749,319 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $288,946 | TotalRevenueColumnAmt |
| Exclusion | $288,946 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,323,600 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,991,548 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $332,052 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $332,052 | TotalRevenueColumnAmt |
| Exclusion | $332,052 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $10,487 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $351,121 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $131,999 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$121,512 | TotalRevenueColumnAmt |
| Exclusion | -$121,512 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| CATERING REVENUE | 722320 | $304,033 | $304,033 | |
| MISC. INCOME | 611110 | $152,178 | $152,178 | |
| CLINICAL RECEIPTS | 611110 | $98,928 | $98,928 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $195,653 | TotalRevenueColumnAmt |
| Exclusion | $195,653 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $750,792 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $63,665,389 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $42,749,319 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $304,033 | UnrelatedBusinessRevenueAmt |
| Exclusion | $946,245 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,169,405 | TotalAmt |
| Program Services | $18,169,405 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $519,766 | TotalAmt |
| Management And General | $519,766 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,545,330 | TotalAmt |
| Program Services | $12,160,445 | ProgramServicesAmt |
| Management And General | $1,689,426 | ManagementAndGeneralAmt |
| Fundraising | $695,459 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,569 | TotalAmt |
| Program Services | $167,216 | ProgramServicesAmt |
| Management And General | $26,790 | ManagementAndGeneralAmt |
| Fundraising | $9,563 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,397,797 | TotalAmt |
| Program Services | $1,167,592 | ProgramServicesAmt |
| Management And General | $163,430 | ManagementAndGeneralAmt |
| Fundraising | $66,775 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,058,929 | TotalAmt |
| Program Services | $869,828 | ProgramServicesAmt |
| Management And General | $139,355 | ManagementAndGeneralAmt |
| Fundraising | $49,746 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,594 | TotalAmt |
| Management And General | $86,594 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350,050 | TotalAmt |
| Management And General | $350,050 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,297 | TotalAmt |
| Management And General | $18,297 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,286 | TotalAmt |
| Fundraising | $71,286 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,398 | TotalAmt |
| Management And General | $85,398 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,977,407 | TotalAmt |
| Program Services | $1,157,485 | ProgramServicesAmt |
| Management And General | $506,753 | ManagementAndGeneralAmt |
| Fundraising | $313,169 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,676 | TotalAmt |
| Program Services | $13,788 | ProgramServicesAmt |
| Management And General | $58,888 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,028,891 | TotalAmt |
| Program Services | $601,238 | ProgramServicesAmt |
| Management And General | $352,921 | ManagementAndGeneralAmt |
| Fundraising | $74,732 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $590,925 | TotalAmt |
| Program Services | $363,866 | ProgramServicesAmt |
| Management And General | $177,977 | ManagementAndGeneralAmt |
| Fundraising | $49,082 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,163,692 | TotalAmt |
| Program Services | $3,302,774 | ProgramServicesAmt |
| Management And General | $860,918 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,329 | TotalAmt |
| Program Services | $91,114 | ProgramServicesAmt |
| Management And General | $30,287 | ManagementAndGeneralAmt |
| Fundraising | $6,928 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $391,664 | TotalAmt |
| Program Services | $169,189 | ProgramServicesAmt |
| Management And General | $170,580 | ManagementAndGeneralAmt |
| Fundraising | $51,895 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $940,615 | TotalAmt |
| Program Services | $705,461 | ProgramServicesAmt |
| Management And General | $235,154 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,696,515 | TotalAmt |
| Program Services | $1,272,386 | ProgramServicesAmt |
| Management And General | $424,129 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,200 | TotalAmt |
| Management And General | $27,200 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DINING SERVICES | $2,180,742 | $1,908,149 | $272,593 |
| GRANT RELATED EXPENSES | $1,563,503 | $1,563,503 | |
| SECURITY SERVICES | $1,128,947 | $846,710 | $282,237 |
| STUDENT REL. ACTIVITIES | $894,434 | $894,434 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,422,369 | TotalAmt |
| Program Services | $2,149,206 | ProgramServicesAmt |
| Management And General | $201,399 | ManagementAndGeneralAmt |
| Fundraising | $71,764 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,714,330 | TotalAmt |
| Program Services | $47,573,789 | ProgramServicesAmt |
| Management And General | $6,680,142 | ManagementAndGeneralAmt |
| Fundraising | $1,460,399 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,142 | BOYAmt |
| EOY | $10,817 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,844,279 | BOYAmt |
| EOY | $5,685,878 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,371,953 | BOYAmt |
| EOY | $5,755,804 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,423,809 | BOYAmt |
| EOY | $2,170,153 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $416,124 | BOYAmt |
| EOY | $469,597 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $95,440,524 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $46,619,842 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,317,309 | BOYAmt |
| EOY | $48,820,682 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,289,626 | BOYAmt |
| EOY | $11,492,674 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,734 | BOYAmt |
| EOY | $204,559 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,064,212 | BOYAmt |
| EOY | $1,488,487 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $428,529 | BOYAmt |
| EOY | $346,075 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,389,717 | BOYAmt |
| EOY | $76,444,726 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,461,434 | BOYAmt |
| EOY | $1,767,442 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $816,920 | BOYAmt |
| EOY | $858,632 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,396,592 | BOYAmt |
| EOY | $20,516,284 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,500,000 | BOYAmt |
| EOY | $4,000,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,285,900 | BOYAmt |
| EOY | $1,373,221 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,809,539 | BOYAmt |
| EOY | $3,191,242 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,270,385 | BOYAmt |
| EOY | $31,706,821 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,368,670 | BOYAmt |
| EOY | $14,684,227 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,750,662 | BOYAmt |
| EOY | $30,053,678 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,119,332 | BOYAmt |
| EOY | $44,737,905 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,389,717 | BOYAmt |
| EOY | $76,444,726 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $7,951,059 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,229,611 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$18,539 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,166,515 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,376,951 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,782,110 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,694,429 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,314,671 | CurrentTaxYearAmt |
| Total | $47,334,676 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,166,515 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,376,951 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,782,110 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,694,429 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,314,671 | CurrentTaxYearAmt |
| Total | $47,334,676 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,243,806 | SubstantialContributorsTotAmt |
| Public Support Total170 | $45,090,870 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $291,009 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $311,803 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $278,768 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $249,056 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $288,946 | CurrentTaxYearAmt |
| Total | $1,419,582 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $114,659 | CurrentTaxYearMinus2YearsAmt |
| Total | $114,659 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $555,618 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $514,752 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $352,941 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $261,403 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $836,906 | CurrentTaxYearAmt |
| Total | $2,521,620 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $51,390,537 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $224,597,205 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.87740 | PublicSupportCY170Pct |
| Public Support PY170 | 0.84090 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | AMS DUES - 2021 AMOUNT: $ 6,970. ATHLETIC SPONSORSHIPS - 2018 AMOUNT: $ 6,000. 2019 AMOUNT: $ 2,500. BOOKSTORE COMMISSIONS - 2017 AMOUNT: $ 54,007. 2018 AMOUNT: $ 31,567. 2019 AMOUNT: $ 29,137. 2020 AMOUNT: $ 22,233. 2021 AMOUNT: $ 20,931. CELL TOWER REVENUE - 2018 AMOUNT: $ 10,858. 2019 AMOUNT: $ 26,926. 2020 AMOUNT: $ 22,584. 2021 AMOUNT: $ 23,316. CLINICAL RECEIPTS - 2018 AMOUNT: $ 80,535. 2019 AMOUNT: $ 74,413. 2020 AMOUNT: $ 69,302. 2021 AMOUNT: $ 98,928. FORFEITED DEPOSITS - 2017 AMOUNT: $ 64,177. 2018 AMOUNT: $ 66,755. LAUNDRY COMMISSIONS - 2018 AMOUNT: $ 7,887. 2019 AMOUNT: $ 6,423. 2020 AMOUNT: $ 2,147. 2021 AMOUNT: $ 3,938. MISC INCOME - 2017 AMOUNT: $ 30,362. 2018 AMOUNT: $ 54,003. 2020 AMOUNT: $ 79,478. 2021 AMOUNT: $ 180,717. NON-CHARITABLE FUNDRAISING - 2017 AMOUNT: $ 52,932. 2018 AMOUNT: $ 53,659. 2019 AMOUNT: $ 40,093. 2020 AMOUNT: $ 18,150. 2021 AMOUNT: $ 361,608. PARKING TICKETS AND FEES - 2017 AMOUNT: $ 80,470. 2018 AMOUNT: $ 75,685. 2019 AMOUNT: $ 81,940. 2020 AMOUNT: $ 15,472. 2021 AMOUNT: $ 68,353. REIMBURSEMENTS - 2017 AMOUNT: $ 231,565. 2018 AMOUNT: $ 10,305. REVENUE SHARING - 2018 AMOUNT: $ 61,024. 2019 AMOUNT: $ 38,925. TRANSCRIPTS - 2018 AMOUNT: $ 31,529. 2019 AMOUNT: $ 30,146. 2020 AMOUNT: $ 31,600. 2021 AMOUNT: $ 30,306. UNCLAIMED CHECKS - 2017 AMOUNT: $ 17,341. VENDING MACHINE COMMISSIONS - 2017 AMOUNT: $ 24,764. 2018 AMOUNT: $ 24,945. 2019 AMOUNT: $ 22,438. 2020 AMOUNT: $ 437. 2021 AMOUNT: $ 41,839. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $18,297 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $18,297 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION ENLISTED THE SERVICES OF A PROFESSIONAL LOBBYING FIRM TO ASSIST THEM IN DETERMINING OPTIONS FOR THE USE OF THEIR PROPERTY IN SUGARLOAF, VERMONT. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,043,647 | BeginningYearBalanceAmt |
| Contributions | $2,363,992 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,413,581 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $19,994,058 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,459,637 | BeginningYearBalanceAmt |
| Contributions | $2,336,566 | ContributionsAmt |
| Investment Earnings Or Losses | $2,247,444 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $20,043,647 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,443,150 | BeginningYearBalanceAmt |
| Contributions | $4,476,327 | ContributionsAmt |
| Investment Earnings Or Losses | -$459,840 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $15,459,637 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,317,363 | BeginningYearBalanceAmt |
| Contributions | $1,042,027 | ContributionsAmt |
| Investment Earnings Or Losses | $83,760 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $11,443,150 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,808,627 | BeginningYearBalanceAmt |
| Contributions | $587,334 | ContributionsAmt |
| Investment Earnings Or Losses | -$78,598 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $10,317,363 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,506,160 | OtherCostOrOtherBasisAmt |
| Book Value | $10,506,160 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $66,197,023 | OtherCostOrOtherBasisAmt |
| Depreciation | $34,897,740 | DepreciationAmt |
| Book Value | $31,299,283 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,822,953 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,722,102 | DepreciationAmt |
| Book Value | $100,851 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,914,388 | OtherCostOrOtherBasisAmt |
| Book Value | $6,914,388 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $48,820,682 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| STUDENT DEPOSITS AND ADVANCES | $1,137,614 |
| ADVANCES FROM FEDERAL GOVERNMENT - STUDENT LOANS | $494,434 |
| ANNUITIES PAYABLE | $111,673 |
| CAPITAL LEASE OBLIGATION | $1,447,521 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,191,242 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $44,744,829 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,229,611 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $1,450,394 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$18,273,342 | OtherRevenueAmt |
| Revenue Not Reported | -$19,052,559 | RevenueNotReportedAmt |
| Revenue Subtotal | $63,797,388 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$131,999 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$131,999 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $63,665,389 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $39,126,256 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $1,450,394 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $131,999 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,582,393 | ExpensesNotReportedAmt |
| Expenses Subtotal | $37,543,863 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $18,254,803 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $18,254,803 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $55,798,666 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ENDOWMENT FUND IS USED PRIMARILY FOR THE AWARDING OF SCHOLARSHIPS TO STUDENTS. OTHER USES MAY INCLUDE THE FUNDING OF EDUCATION-RELATED ACTIVITIES SUCH AS PURCHASING LIBRARY RESOURCES OR THE FUNDING OF A LECTURE SERIES. |
| PART X, LINE 2: | THE COLLEGE FOLLOWS THE FASB GUIDANCE AS IT RELATES TO UNCERTAIN TAX POSITIONS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL AND STATE INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF A RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SCHOLARSHIPS & GRANTS -18,169,405. INVESTMENT FEES -85,398. CHANGE IN LIFE INSURANCE CSV -18,539. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES -131,999. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 131,999. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS & GRANTS 18,169,405. INVESTMENT FEES 85,398. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE COLLEGE PROVIDES A STATEMENT IN ALL PUBLICATIONS AND ON ITS WEBSITE REGARDING ITS NONDISCRIMATORY POLICY. IN FISCAL YEAR 2021-2022, RACIAL/ETHNIC MINORITIES COMPRISED 59.3% OF ALL DEGREE-SEEKING UNDERGRADUATES, 52.6% WERE WOMEN, 50.7% WERE PELL ELIGIBLE, AND 37.9% WERE FIRST-GENERATION STUDENTS. |
| SCHEDULE E, PART I, LINE 6 | CHESTNUT HILL COLLEGE RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENT AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAMS INCLUDE DIRECT LOANS, PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (SEOG) PROGRAM, FEDERAL WORK STUDY PROGRAM (FWS), AND TEACH GRANT PROGRAM. THE STATE PROGRAM IS THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE (PHEAA) PROGRAM FOR STUDENTS. IN ADDITION, THE COLLEGE IS AWARDED SPONSORED PROJECT GRANTS BY FEDERAL AND STATE GOVERNMENTAL AGENCIES. GENERAL SUPPORT IS PROVIDED TO THE COLLEGE FROM THE COMMONWEALTH OF PENNSYLVANIA UNDER ITS INSTITUTIONAL ASSISTANCE GRANT (IAG) PROGRAM TO PRIVATE COLLEGES AND UNIVERSITIES IN THE STATE. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHANGING OUR WORLD INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1285 AVENUE OF THE AMERICAS 5TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | ENDOWMENT CAMPAIGN SERVICES | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $21,500 | RetainedByContractorAmt |
| Net To Organization | -$21,500 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $21,500 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$21,500 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SCHOLARSHIP GALA | Event1Nm |
| Gross Receipts Event1 | $361,608 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $351,121 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $10,487 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $131,999 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $361,608 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $351,121 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $10,487 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $131,999 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $131,999 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$121,512 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | TUITION ASSISTANCE | GrantTypeTxt |
| Recipient | 1172 | RecipientCnt |
| Cash Grant | $18,169,405 | CashGrantAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | CHESTNUT HILL COLLEGE DOES NOT PROVIDE GRANTS TO OTHER ORGANIZATIONS; HOWEVER, ON OCCASION DONATIONS ARE MADE TO OTHER CHARITABLE NON-PROFIT ORGANIZATIONS. SINCE THESE ARE DONATIONS, THEY ARE NOT MONITORED FOR A SPECIFIC USE. THE STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE DETERMINED BY THE COLLEGE ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER OBJECTIVE STANDARDS. SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S CHESTNUT HILL COLLEGE ACCOUNT AND APPLIED TO TUITION AND FEES. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY CHESTNUT HILL COLLEGE. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF STUDENT CONTINUES TO DEMONSTRATE NEED, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE, AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH CHESTNUT HILL COLLEGE POLICY. RENEWAL OF AID ALSO IS DEPENDENT ON AVAILABILITY OF FUNDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHRISTOPHER B DOUGHERTY | ||||||||||||||
| VP ACADEMIC AFFAIRS | $189,462 | $0 | $0 | $0 | $0 | $0 | $2,368 | $0 | $14,635 | $0 | $206,465 | $0 | $0 | $0 |
| KEVIN HEARN | ||||||||||||||
| VP ENROLLMENT MANAGEMENT | $171,928 | $0 | $0 | $0 | $0 | $0 | $2,149 | $0 | $23,856 | $0 | $197,933 | $0 | $0 | $0 |
| DAVID WOODFORD | ||||||||||||||
| TREAS./VP FIN. AFFAIRS (UNTIL 7/21) | $169,679 | $0 | $0 | $0 | $0 | $0 | $2,121 | $0 | $8,525 | $0 | $180,325 | $0 | $0 | $0 |
| CHRISTINA ABBOTT | ||||||||||||||
| LEGAL COUNSEL & CHIEF OF STAFF | $166,396 | $0 | $0 | $0 | $0 | $0 | $2,080 | $0 | $8,525 | $0 | $177,001 | $0 | $0 | $0 |
| ERIN WOOLEY | ||||||||||||||
| VP INSTITUTIONAL ADVANCEMENT | $159,626 | $0 | $0 | $0 | $0 | $0 | $1,995 | $0 | $8,493 | $0 | $170,114 | $0 | $0 | $0 |
| LYNN ORTALE | ||||||||||||||
| VP STUDENT LIFE | $127,041 | $0 | $0 | $0 | $0 | $0 | $1,588 | $0 | $23,710 | $0 | $152,339 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE PROVIDES AN APARTMENT NEAR THE COLLEGE IN WHICH THE VICE PRESIDENT FOR STUDENT LIFE, LYNN ORTALE, RESIDES. BECAUSE OF HER POSITION AT THE COLLEGE, THIS IS A CONDITION OF HER EMPLOYMENT. THE COLLEGE OWNS THE PROPERTY AND NO PART OF THE BENEFIT WAS TAXABLE INCOME TO THE INDIVIDUAL. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHILA AUTHORITY - INDUSTRIAL DEVELOPMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 232237287 | BondIssuerEIN |
| Bond Issued | 2014-07-30 | BondIssuedDt |
| Issue Price | $27,238,000 | IssuePriceAmt |
| Purpose | REVENUE BOND, SERIES OF 2014 - SEE BELOW FOR DETAILS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $6,370,000 | RetiredAmt |
| Total Proceeds | $27,238,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $494,894 | IssuanceCostsFromProceedsAmt |
| Other Spent Proceeds | $26,743,106 | OtherSpentProceedsAmt |
| Substantial Completion | 2014 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | Yes (1) | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00010 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00010 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K SUPPLENTAL INFORMATION | FormAndLineReferenceDesc |
| Explanation | THE REVENUE BOND, SERIES OF 2014 WAS ISSUED ON BEHALF OF CHESTNUT HILL COLLEGE (THE "COLLEGE") FOR THE FOLLOWING PURPOSES: (I) THE CURRENT REFUNDING OF THE OUTSTANDING PRINCIPAL AMOUNT OF THE CHELTENHAM TOWNSHIP INDUSTRIAL DEVELOPMENT AUTHORITY'S CONSTRUCTION LINE OF CREDIT/PERMANENT MORTGAGE NOTE SERIES 2005 A 1 DATED SEPTEMBER 19, 2005 (THE "CTIDA NOTE"), (II) THE CURRENT REFUNDING OF THE OUTSTANDING PRINCIPAL AMOUNT OF PAID'S TAX-EXEMPT ADJUSTABLE MODE EDUCATIONAL FACILITIES REVENUE BONDS SERIES A OF 2007 (THE "SERIES 2007A BONDS"), AND PAID'S TAX-EXEMPT ADJUSTABLE MODE EDUCATIONAL FACILITIES REVENUE BONDS SERIES B OF 2007 (THE "SERIES 2007B BONDS"), (III) THE CURRENT REFUNDING OF THE OUTSTANDING PRINCIPAL AMOUNT OF A CONSTRUCTION LOAN PROVIDED TO THE COLLEGE BY WELLS FARGO BANK, NATIONAL ASSOCIATION (THE "2009 CONSTRUCTION LOAN"), (IV) THE PAYMENT OF THE COSTS OF TERMINATING AN INTEREST RATE MANAGEMENT AGREEMENT RELATED TO THE SERIES 2007A BONDS (THE "SWAP TERMINATION"), AND (V) FINANCING CERTAIN COSTS AND EXPENSES INCURRED IN CONNECTION WITH THE ISSUANCE OF THE REVENUE BOND, SERIES OF 2014 (THE "CLOSING COSTS"). PROCEEDS OF THE DEBT/BONDS TO BE REFUNDED WERE USED BY THE COLLEGE TO FINANCE OR REFINANCE VARIOUS CAPITAL IMPROVEMENTS ON THE COLLEGE'S CAMPUS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 7 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,239,197 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | NYSE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS OF THE ORGANIZATION ARE THE GENERAL COUNCIL OF THE CONGREGATION OF THE SISTERS OF SAINT JOSEPH. THEY HAVE THE SAME VOTING RIGHTS AS THE OTHER BOARD DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE GENERAL COUNCIL OF THE CONGREGATION OF THE SISTERS OF SAINT JOSEPH RESERVE THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERS MAY INITIATE AND IMPLEMENT ANY PROPOSAL WITH RESPECT TO ANY OF THE FOLLOWING, AND, IF ANY PROPOSAL WITH RESPECT TO ANY OF THE FOLLOWING IS OTHERWISE INITIATED, IT SHALL NOT BECOME EFFECTIVE UNLESS APPROVED BY THE MEMBERS: (A) TO ADOPT OR CHANGE THE MISSION, PURPOSE, PHILOSOPHY OR OBJECTIVES OF THE CORPORATION OR TO CHANGE THE GENERAL STRUCTURE OF THE OPERATION OF THE CORPORATION AS A VOLUNTARY NON-PROFIT CORPORATION FOR EDUCATION; (B) TO AMEND THE CORPORATION'S CHARTER, CERTIFICATE OR ARTICLES OF INCORPORATION, OR BYLAWS; (C) TO DISSOLVE, DIVIDE, CONVERT, LIQUIDATE OR WIND UP THE CORPORATION, OR CONSOLIDATE OR MERGE THE CORPORATION WITH ANOTHER CORPORATION OR ENTITY; (D) TO SELL ALL OR SUBSTANTIALLY ALL THE ASSETS OF THE CORPORATION; (E) TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION; (F) TO APPROVE PRINCIPAL OFFICERS OF THE CORPORATION; AND (G) TO EFFECT ANY TRANSFER OR ENCUMBRANCE OF CORPORATE PROPERTY WHICH REQUIRES APPROVAL PURSUANT TO CANON LAW. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 AND ALL ACCOMPANYING SCHEDULES ARE PREPARED AND REVIEWED BY THE COLLEGE'S EXTERNAL AUDIT FIRM. AFTER THE INITIAL REVIEW BY MANAGEMENT, THE FORM 990 IS THEN DISTRIBUTED TO THE AUDIT COMMITTEE MEMBERS FOR THEIR REVIEW AND APPROVAL. THE FULL BOARD OF DIRECTORS RECEIVES THE RETURN PRIOR TO THE RETURN BEING FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COLLEGE HAS A SUBSTANTIVE WRITTEN CONFLICT OF INTEREST POLICY THAT COVERS BOARD MEMBERS AND ANY OTHER INDIVIDUAL CONSIDERED AN INTERESTED PERSON. BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT WHICH INCLUDES COMPREHENSIVE QUESTIONS ON FAMILY AND BUSINESS RELATIONSHIPS. ALL STATEMENTS ARE REVIEWED BY THE BOARD SECRETARY. ANY POTENTIAL OR ACTUAL CONFLICT IS FULLY DISCLOSED BY THE SECRETARY TO THE MEMBERSHIP COMMITTEE, WHO WILL DETERMINE WHETHER OR NOT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. THE INTERESTED PARTY IS EXCLUDED FROM ALL DISCUSSIONS AND DECISIONS RELATED TO THE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PROCESS FOR DETERMINING THE COMPENSATION FOR THE COLLEGE PRESIDENT AND THE OFFICERS IS DOCUMENTED IN THE COLLEGE'S "PROCESS FOR DETERMINING COMPENSATION" POLICY. THE PRESIDENT OF THE COLLEGE, A SISTER OF ST. JOSEPH, RECEIVES NO DIRECT COMPENSATION. A PORTION OF THE PRESIDENT'S SALARY IS REMITTED TO THE CONGREGATION OF THE SISTERS OF SAINT JOSEPH OF PHILADELPHIA. THE BOARD OF DIRECTORS APPROVES THE FISCAL YEAR BUDGET WHICH CONTAINS THE TOTAL COMPENSATION AMOUNT FOR THE YEAR. THE PRESIDENT AND SENIOR VICE PRESIDENT FOR FINANCIAL AFFAIRS DETERMINE THE SALARIES OF OFFICERS AND OTHER COLLEGE EMPLOYEES BASED ON THE BUDGET AND MARKET DATA FROM COMPARABLE INSTITUTIONS. THE ORGANIZATION USES CUPA SALARY DATA TO VERIFY ANY COMPENSATION DECISIONS ARE WITHIN FAIR MARKET RANGE FOR THE INDUSTRY. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS PERIODICALLY REVIEWS THE COLLEGE PRESIDENT'S SALARY AND DOCUMENTS ITS REVIEW IN COMMITTEE MINUTES. SPECIFIC DISCUSSIONS ON COMPENSATION ARE NOT RECORDED IN BOARD MINUTES, HOWEVER, COMPENSATION IS A COMPONENT OF THE BUDGET WHICH IS FULLY DOCUMENTED. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE COLLEGE'S ACCOUNTING OFFICE. |
| FORM 990, PART XI, LINE 9: | CHANGE IN LIFE INSURANCE CSV -18,539. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONGREGATION OF THE SISTERS OF ST JOSEPH | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9701 GERMANTOWN AVENUE | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19118 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | LOCAL COMMUNITIES ENGAGE IN TEACHING, HUMAN SVC AND CHARITABLE PURSUITS | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 1 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE R, PART V: | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE LEASES ITS MAIN CAMPUS PROPERTY FROM THE CONVENT OF THE SISTERS OF SAINT JOSEPH, PHILADELPHIA, A PENNSYLVANIA NON-PROFIT CORPORATION. THE LEASE IS DATED JULY 28, 2014 AND IS FOR A TERM OF 25 YEARS EXPIRING JULY 30, 2039. THE RENT FOR THE ENTIRE TERM WAS $10.00. THE CONVENT AND COLLEGE'S MAIN CAMPUS ARE LOCATED ON THE SAME PROPERTY. THE TWO ENTITIES SHARE COSTS RELATED TO PHYSICAL PLANT MAINTENANCE, UTILITIES, PROPERTY INSURANCE AND OTHER PROPERTY COSTS AS NECESSARY. COSTS ARE ALLOCATED BASED ON USAGE. | ExplanationTxt |