2023-05-11T16:58:23-05:00 2022-06-30 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2021-07-01 954786748 The Claremont Colleges Inc CLAR 9096218043 101 S Mills Ave Claremont CA 91711 Mia Alonzo Assistant VP/Controller 9096218043 2023-05-11 1 Mia Alonzo 999009999 Tracy S Paglia P00366884 2099556100 2023-05-11 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Stig Lanesskog 101 S Mills Ave Claremont CA 91711 80819747 0 X https://services.claremont.edu/ X 2000 CA To provide exceptional shared services to the members of The Claremont Colleges. 17 9 369 10 244186 223870 1466178 2172181 35917502 43105830 15139828 2198962 -20667 5395 52502841 47482368 3000 250 0 0 23017567 27926160 0 0 295 19267134 39422180 42287701 67348590 10215140 -19866222 182085874 158040859 26421857 29123299 155664017 128917560 To provide exceptional shared services as the preferred partner of The Claremont Colleges. 0 0 37833240 0 22854591 Institutional Support services provided to the Claremont Colleges by TCC include: food services administration; physical plant and facilities support; payroll and accounting; information technology; real estate; risk management; and employee benefits. Additional functions include advancing The Claremont Colleges, founding additional institutions and promoting cooperation among members to enhance programs. 14141083 250 12297416 Academic Support services provided by TCC include the central library system and bookstore providing library services and making textbooks available for the faculty and students of the Claremont Colleges. 7636865 0 7953823 Student services provided to the Claremont Colleges by TCC include: health and counseling services; ethnic centers; an interfaith office of chaplains and campus safety. 59611188 1 1 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 805 0 1 369 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 9 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Mia Alonzo 9096218043 101 S Mills Ave Claremont CA 91711 Hiram Chodosh Constituent Member 1.00 40.00 X 0 631056 180432 Maria M Klawe Constituent Member 1.00 50.00 X 0 691218 114513 Sheldon Schuster Constituent Member 1.00 40.00 X 0 622407 47522 Melvin L Oliver PhD Constituent Member 1.00 40.00 X 0 546923 105705 Len Jessup Constituent Member 1.00 40.00 X 0 469840 75230 Stig Lanesskogg Chief Executive Officer 40.00 0.00 X X 434283 0 49770 Amy Marcus-Newhall Constituent Member 1.00 40.00 X 0 415279 30719 Timothy J Kirley Chair of the Board 1.00 2.00 X X 0 0 0 James C Bean Constituent Member 1.00 1.00 X 0 0 0 Samuel Glick Constituent Member 1.00 1.00 X 0 0 0 Donald P Gould Constituent Member 1.00 1.00 X 0 0 0 David G Mgrublian Constituent Member 1.00 1.00 X 0 0 0 Cristina Rose At-Large Member 1.00 1.00 X 0 0 0 Nina Russel At-Large Member 1.00 1.00 X 0 0 0 Gabrielle Starr Constituent Member 1.00 40.00 X 0 636234 115979 Lynne Thompson Constituent Member 1.00 4.00 X 0 0 0 James Widergren Constituent Member 1.00 1.00 X 0 0 0 Janet Smith Dickerson VP for Student Affairs 40.00 0.00 X 269307 0 17419 Vanessa Aguirre VP of Finance & Treasurer 40.00 0.00 X 222709 0 41448 Colin Tudor - Secr to the Board/AVP for Comm Relations 40.00 0.00 X 218735 0 37722 Mia Alonzo Assistant Vice President/Controller 20.00 24.00 X 176365 0 33985 Charles Thompson Chief Information Officer 40.00 0.00 X 231418 0 29552 Janet Bishop Dean of the Library 40.00 0.00 X 208521 0 24355 Prateek Jindal Director of Student Health Services 40.00 0.00 X 292189 0 54135 Dennis Miller AVP For HR and Benefits Ad 40.00 0.00 X 175964 0 13828 Gary DeGroot Dir Monsour Counseling Services 40.00 0.00 X 141945 0 47446 Lee Gilbertson Dir Infrastructure Services 40.00 0.00 X 150863 0 23004 Kerean Povich - Senior Dir Enterprise Business System 40.00 0.00 X 159042 0 8467 2681341 4012957 1051231 36 0 1 0 Deloitte Consulting LLP PO Box 844717 Dallas TX 752844717 Consulting Services 3181134 Workday 6230 Stoneridge Mail Rd Pleasanton CA 94588 Software Consulting 1962028 University of Illinois 620 East John St Champaign IL 61820 Covid Testing 1287256 The Fishel Company Department L-2478 Columbus OH 43260 Utility Engineering 992354 Loeb & Loeb LLP 10100 Santa Monica Blvd Ste 2200 Los Angeles CA 90067 Legal Counsel 620618 31 2150974 21207 500 2172181 Support Services 611710 42650311 42650311 Student Loan Interest 611710 342247 342247 Program Rental 611710 113272 113272 43105830 320460 244186 76274 50543 45148 5395 5395 5395 33638481 1532252 31917010 1375221 1721471 157031 1878502 1878502 47482368 43105830 244186 1960171 X 250 250 2310406 607744 1702662 18894368 16560031 2334337 2359065 2211977 147088 2885657 2590383 295274 1476664 1272625 204039 689759 447061 242698 135911 135911 207889 207889 4376901 3461668 915233 65013 50731 13987 295 2746266 2505025 241241 1562623 1252148 310475 1823162 1819953 3209 140307 136661 3646 274288 229921 44367 669579 632960 36619 813364 797028 16336 4386178 3522370 863808 130597 130245 352 Impairment loss 16622282 16622282 Books & Periodicals 4183135 4183135 Building Repair 488104 348179 139925 Non-capitalized Equipme 40036 38642 1394 66786 54258 12528 67348590 59611188 7737107 295 3637287 9770663 2187541 2239467 5691638 4399449 330232 345808 1722596 2020920 83763940 40847557 59472086 42916383 92437025 66002660 11178297 26492969 2789146 3275407 2640026 577133 182085874 158040859 7620801 11051920 11111057 10436577 1034156 1639978 6436080 5764448 219763 230376 26421857 29123299 X 120400031 97027603 35263986 31889957 155664017 128917560 182085874 158040859 X -19866222 -6427415 -452820 X 0 1 X 1 0 X X X 7 Pomona College 951664112 2 1 0 0 Claremont Graduate University 951664100 2 1 0 0 Scripps College 951664123 2 1 0 0 Claremont McKenna College 951664101 2 1 0 0 Harvey Mudd College 951911219 2 1 0 0 Pitzer College 952261113 2 1 0 0 Keck Graduate Institute of Applied Life Sciences 954625327 2 1 0 0 7 0 0 349214 209270 526137 1466178 2172181 4722980 349214 209270 526137 1466178 2172181 4722980 4722980 565844 1020178 876898 258126 126817 2847863 13449 79712 378117 225102 696380 8267223 220997235 0.57130 0.36190 X 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part I, Line 12, Col (vi) - Other Support The purpose of TCC is to support The Claremont Colleges (organizations listed under Schedule A, Part I, item 12). Therefore, all of the program expenses are support paid for the benefit of the organizations listed. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 31600 X X X X X See Part XIV 0 0 1 X 34520534 19345 -1910135 6569 1257760 207889 31157526 27013697 1000 9042480 6083 1282289 248271 34520534 29089495 1249 -570030 6086 1293724 207207 27013697 28587759 2100 2037813 6003 1285709 246465 29089495 27698506 2550 2325585 5901 1227118 205863 28587759 0.01582 0.41032 0.57386 1 1 1 7568038 7568038 48870122 37176240 11693882 17815515 3269407 14546108 9510265 401910 9108355 42916383 Absolute Return 6012760 F Private Equity/Venture Capital 5776933 F Real Assets Funds 4499278 F International Equity Funds 5434661 F Domestic Equity Funds 4769337 F 26492969 Asset Retirement Obligation 230376 230376 X 40439392 -6427415 -163486 -6590901 47030293 207889 244186 452075 47482368 50563567 45148 45148 50518419 207889 16622282 16830171 67348590 Part III, Line 4: TCC holds a historic musical instrument (violin), which is used in the above activities as well as for teaching and performance, which furthers the educational purpose of the affiliated institutions. Part IV, Line 2b: The funds held for others consist of intercollegiate program surplus of $1,639,978. Part V, Line 4: TCC uses the earnings of its endowment funds according to the direction of the donor. Earnings are primarily used to support the Libraries of the Claremont Colleges and intercollegiate scholarships and professorships. Where no donor intent is specified, the earnings fund the general operations of TCC. Part X, Line 2: TCC is exempt from Federal and California income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code, except for taxes on unrelated business income. Since TCC had no material unrelated business income for the years ended June 30, 2022 and 2021, no provision for income taxes has been made in the accompanying financial statements. In accordance with generally accepted account principles, TCC had no uncertain tax positions at June 30, 2022 and 2021. Part XI, Line 2d - Other Adjustments: Actuarial Adjustment -208,634. Rental Expense 45,148. Part XI, Line 4b - Other Adjustments: Partnership Income from Sch K-1 244,186. Part XII, Line 2d - Other Adjustments: Rental Expense 45,148. Part XII, Line 4b - Other Adjustments: Impairment on software implementation costs as a service 16,622,282. Central America and the Caribbean - 0 0 Investments 11871433 0 0 0 0 0 0 11871433 0 11871433 1 0 1 1 1 0 Part I, line 3: Accrual Method Part III Accounting Method: X X 1 1 X X 0 1 0 0 0 0 0 0 0 Hiram Chodosh Constituent Member 0 607056 0 0 0 24000 0 101622 0 78810 0 811488 0 0 Maria M Klawe Constituent Member 0 684430 0 0 0 6788 0 34800 0 79713 0 805731 0 0 Gabrielle Starr Constituent Member 0 616734 0 0 0 19500 0 31944 0 84035 0 752213 0 0 Sheldon Schuster Constituent Member 0 568407 0 0 0 54000 0 34800 0 12722 0 669929 0 0 Melvin L Oliver PhD Constituent Member 0 540923 0 0 0 6000 0 34800 0 70905 0 652628 0 0 Len Jessup Constituent Member 0 466160 0 0 0 3680 0 47444 0 27786 0 545070 0 0 Stig Lanesskogg Chief Executive Officer 386283 0 0 0 48000 0 24900 0 24870 0 484053 0 0 0 Amy Marcus-Newhall Constituent Member 0 415279 0 0 0 0 0 27900 0 2819 0 445998 0 0 Prateek Jindal Director of Student Health Services 285229 0 6000 0 960 0 17769 0 36366 0 346324 0 0 0 Janet Smith Dickerson VP for Student Affairs 262935 0 5412 0 960 0 15951 0 1468 0 286726 0 0 0 Vanessa Aguirre VP of Finance & Treasurer 216749 0 5000 0 960 0 13667 0 27781 0 264157 0 0 0 Charles Thompson Chief Information Officer 225758 0 4700 0 960 0 13448 0 16104 0 260970 0 0 0 Colin Tudor - Secr to the Board/AVP for Comm Relations 212975 0 4400 0 1360 0 12767 0 24955 0 256457 0 0 0 Janet Bishop Dean of the Library 203361 0 4200 0 960 0 11817 0 12538 0 232876 0 0 0 Mia Alonzo Assistant Vice President/Controller 171805 0 3600 0 960 0 9707 0 24278 0 210350 0 0 0 Dennis Miller AVP For HR and Benefits Ad 171504 0 3500 0 960 0 9426 0 4402 0 189792 0 0 0 Gary DeGroot Dir Monsour Counseling Services 137985 0 3000 0 960 0 7501 0 39945 0 189391 0 0 0 Lee Gilbertson Dir Infrastructure Services 146903 0 3000 0 960 0 7665 0 15339 0 173867 0 0 0 Kerean Povich - Senior Dir Enterprise Business System 154982 0 3100 0 960 0 8072 0 395 0 167509 0 0 0 Part I, Line 1a Housing is provided to the CEO for whom the fair market value of the rent is included as taxable income. A taxable discretionary gross-up for housing and/or moving reimbursement was given to the following individual during the year: Dean of Library. Part I, Line 4b Presidents of The Claremont Colleges participate in Section 457(f) plans provided by their respective institution. One or more of the Presidents received a payment per their plan agreement during the year. A CA Educational Facilities Authority 521705592 130178ZQ2 2011-04-07 9095717 Facilities Renewal & Construction 0 0 0 B CA Educational Facilities Authority 521705592 130178P91 2012-08-02 9212026 Facilities Renewal & Construction 0 0 0 A 4362116 9096449 182732 3375037 5537986 2011 1 0 1 1 B 3166375 9212546 179979 9032567 2012 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 1 B 1 Schedule K, Part II, Line 3, Column A The difference between the issue price of $9,095,717 and proceeds of $9,096,449 is the result of investment earnings. Schedule K, Part II, Line 3, Column B The difference between the issue price of $9,212,026 and the proceeds of $9,212,546 is a result of investment earnings. Form 990, Part VI, Section A, line 7a The Claremont Colleges, Inc. ("TCC") is the central coordinating institution of The Claremont Colleges, a cluster of seven undergraduate, graduate, and professional academic institutions ("Member Institutions"). The governing body of TCC is its Board of Directors ("Board"). The Board is composed of the Chief Executive Officer of TCC, the Presidents and Board Chairs of each of the seven Member Institutions, and at least three Independent Directors (who are elected or appointed by the Board). Form 990, Part VI, Section A, line 7b TCC is governed, in part, by a constitution. Article VIII of that constitution provides that it may be amended by the Board; however, amendments to six specific articles (Article II, Objectives, Article IV, Central Coordinating Institution, Article V, Size of Member Institutions, Article VI, Instructional Services, Article VII, Procedures for New Colleges and Other Institutions, and Article VIII, Amendments) become effective only "upon ratification by the respective boards of the member institutions." Form 990, Part VI, Section B, line 11b TCC utilizes a process for review of the IRS Form 990 Return of Organization Exempt from Income Tax that involves multiple layers of management as well as governing board members. TCC has engaged an outside accounting firm to prepare the Form 990 using information provided by individuals in the Office of Financial Services and the Office of Human Resources, and changes are made as needed. Once a draft is available, it is reviewed by the Chief Executive Officer and Treasurer. After this review and any resulting changes are complete, the revised draft is provided to members of the TCC Audit Committee for questions and comments. Once questions and comments from the Audit Committee are fielded and issues resolved, the Committee accepts the Form 990 and provides it to all voting members of the Board of Directors prior to filing. Form 990, Part VI, Section B, line 12c The Conflict of Interest Policy applies to overseers, officers and employees of TCC. Each year, the Secretary of the Board sends a copy of the policy along with a survey to all overseers and officers to determine if there are any conflicts of interest. The results are reviewed by the Chief Executive Officer to determine if any conflicts exist and are reported to the Audit Committee annually. Any action required due to a conflict is evaluated by the Audit Committee on a case by case basis. Form 990, Part VI, Section B, line 15 TCC has an executive compensation review policy in place for independent review by the Board of Directors. Each year a report of compensation for officers, key employees and other disqualified persons (see Part VII) is prepared and includes historic compensation, and national and regional survey data. The Board meets to approve total compensation before any changes are implemented. Contemporaneous substantiation of the compensation approval is maintained in the form of board minutes. Form 990, Part VI, Section C, line 19 The governing/organizing documents are made available to the public upon request. The conflict of interest policy and financial statements are available on the TCC website. https://services.claremont.edu/ Form 990, Part IX, Line 24a: In June 2022, TCC management concluded it was no longer probable that computer software in development would be completed and placed into service. The impaired value of the uncompleted software amounted to $16,622,282. Form 990, Part XI, line 9: Actuarial Adjustment -208,634. Partnership Income from Sch K-1 -244,186. Pomona College 550 N College Ave Claremont CA 91711 951664112 Education CA 501(c)(3) Line 2 N/A 0 Claremont Graduate University 150 E 10th Street Claremont CA 91711 951664100 Education CA 501(c)(3) Line 2 N/A 0 Scripps College 1030 Columbia Claremont CA 91711 951664123 Education CA 501(c)(3) Line 2 N/A 0 Claremont McKenna College 500 E 9th Street Claremont CA 91711 951664101 Education CA 501(c)(3) Line 2 N/A 0 Harvey Mudd College 301 Platt Blvd Claremont CA 91711 951911219 Education CA 501(c)(3) Line 2 N/A 0 Pitzer College 1050 N Mills Claremont CA 91711 952261113 Education CA 501(c)(3) Line 2 N/A 0 Keck Graduate Institute 535 Watson Dr Claremont CA 91711 954625327 Education CA 501(c)(3) Line 2 N/A 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 1 0 0