2025-05-14T00:30:37-05:00 2024-06-30 480567703 PINION LLC 402 N BROADWAY 4TH FLOOR BILLINGS MT 59101 990 2023-07-01 810235407 ROCKY MOUNTAIN COLLEGE ROCK 4066571000 1511 POLY DR BILLINGS MT 591021796 MELODIE MILROY CHIEF FINANCIAL OFFICER 4066571000 2025-05-13 1 0 KENDRA MORAN P00814196 4062455136 2025-05-12 2023 2025-03-06 01:10:19Z MELODIE MILROY 1511 POLY DR BILLINGS MT 591021796 61758843 0 X WWW.ROCKY.EDU X 1947 MT ROCKY MOUNTAIN COLLEGE EDUCATES FUTURE LEADERS THROUGH LIBERAL ARTS AND PROFESSIONAL PROGRAMS THAT CULTIVATE CRITICAL THINKING, CREATIVE EXPRESSION, ETHICAL DECISION MAKING, INFORMED CITIZENSHIP, AND PROFESSIONAL EXCELLENCE. 14 14 760 17 387074 0 4940670 4143901 41002381 41036836 2066761 4332729 311304 348471 48321116 49861937 17430051 17661201 0 0 15620577 16214475 18400 0 142427 14566475 13698639 47635503 47574315 685613 2287622 84019478 87743441 14728758 14226073 69290720 73517368 X ROCKY MOUNTAIN COLLEGE EDUCATES FUTURE LEADERS THROUGH LIBERAL ARTS AND PROFESSIONAL PROGRAMS THAT CULTIVATE CRITICAL THINKING, CREATIVE EXPRESSION, ETHICAL DECISION MAKING, INFORMED CITIZENSHIP, AND PROFESSIONAL EXCELLENCE. 0 0 29006962 17661201 36726340 INSTRUCTION - HIGHER EDUCATION PROGRAM LEADING TO A BACCALAUREATE DEGREE OR MASTERS DEGREE IN PROFESSIONAL STUDIES OR LIBERAL ARTS. ROCKY MOUNTAIN COLLEGE SERVES 850 TO 1,100 STUDENTS PER SEMESTER. 7496006 STUDENT SERVICES - DEAN OF STUDENTS ADMINISTRATION, STUDENT ACTIVITIES, PUBLICATIONS, CAREER COUNSELING, FINANCIAL AID, REGISTRAR, ADMISSIONS, STUDENT RECORDS (REGISTRAR), ETC. 3690334 4310496 AUXILIARY SERVICES - STUDENT RESIDENCE HALLS, DINING, BOOKSTORE, SUMMER CAMPS, CONFERENCES, ATHLETICS. 2506216 ACADEMIC SUPPORT - ACADEMIC ADMINISTRATION, LIBRARIES, STUDENT ADVISING, ACADEMIC COMPUTING, ETC. 2506216 42699518 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 174 0 1 760 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 AK CO MD MA MI NV NH OH OK OR SC WA WI DC NY PA X MELODIE MILROY 4066571000 1511 POLY DR BILLINGS MT 591021796 BILL LAMDIN BOARD MEMBER 1.00 X 0 0 0 COREY JENSEN BOARD MEMBER 1.00 X 0 0 0 DENA JOHNSON BOARD MEMBER 1.00 X 0 0 0 GREG WING BOARD MEMBER 1.00 X 0 0 0 JENNIFER OWEN BOARD MEMBER 1.00 X 0 0 0 JOHN STEWART BOARD MEMBER 1.00 X 0 0 0 KELLY COLEMAN BOARD MEMBER 1.00 X 0 0 0 LYNETTE SCOTT BOARD MEMBER 1.00 X 0 0 0 MEGAN KONGAIKA BOARD MEMBER 1.00 X 0 0 0 RICH ST JOHN CHAIR 1.00 X X 0 0 0 SAM BEAVES-FISHER BOARD MEMBER 1.00 X 0 0 0 STEVE LOVELESS BOARD MEMBER 1.00 X 0 0 0 TIM BROCOPP BOARD MEMBER 1.00 X 0 0 0 TOBY O'ROURKE BOARD MEMBER 1.00 X 0 0 0 ANTHONY PILTZ PROFESSOR, ACCOUNTING/PROV 40.00 X 170979 0 14298 AUSTIN MAPSTON VICE PRESIDENT FOR ENROLLM 40.00 X 126661 0 12294 BRAD NASON VICE PRESIDENT/DEAN FOR ST 40.00 X 117339 0 11919 ERIN RESER ACADEMIC VICE PRESIDENT 40.00 X 101363 0 10711 MELODIE MILROY CFO/TREASURER 40.00 X 125845 0 14259 ROBERT WILMOUTH PRESIDENT 40.00 X 266201 0 16301 BRADY RUFF PROFESSOR 40.00 X 104450 0 18107 CARRIE HALL PROGRAM DIRECTOR 40.00 X 116057 0 19554 DANIEL HARGROVE PROFESSOR, AVIATION 40.00 X 107841 0 5673 HEATHER HEGGEM DIRECTOR, PHYSICIAN ASSIST 40.00 X 139500 0 7251 TWYLLA KIRCHEN DIRECTOR, OTD PROGRAM 40.00 X 183446 0 16077 1559682 0 146444 11 0 1 0 SODEXO INC & AFFILIATES 1511 POLY DRIVE BILLINGS MT 59102 FOOD SERVICES 1425280 JENZABAR INC 101 HUNTINGTON AVE SUITE 2205 BOSTON MA 02199 SOFTWARE 425157 MERRILL LYNCH PO BOX 30917 BILLINGS MT 591079971 INVESTMENT MANAGEMENT 388554 EDWARDS JET CENTER 1691 AVIATION PLACE BILLINGS MT 59105 AVIATION SERVICES 299676 ENCODE CORPORATION 111 FLORINE LANE BILLINGS MT 59101 HVAC 237338 15 433261 2247993 1462647 224839 4143901 TUITION AND FEES 611600 36726766 36726766 RESIDENCE HALLS 721000 2113913 2113913 CAFETERIA/DINING 722514 1308647 1308647 OTHER 611710 471967 471967 COMMUNITY SERVICES 611710 209447 209447 206096 206096 41036836 1208327 1208327 4519 4519 19510 7562 11948 11948 11948 14885078 11760676 3124402 3124402 3124402 66586 433261 124468 -57882 -57882 7012 4200 2812 2812 CAMPS 721310 244005 244005 HEALTH CLUB 713940 142497 142497 MISCELLANEOUS 611710 530 530 42 42 387074 49861937 41036836 387074 4294126 17661201 17661201 1001278 444573 521947 34758 11727040 11031272 675621 20147 415681 375091 40590 2165845 1108436 1050196 7213 904631 826330 74053 4248 37865 37865 58804 58804 264676 264676 1406940 1230898 178545 -2503 422873 412619 10219 35 3043884 2953771 63923 26190 653810 358159 262379 33272 1785742 1598448 185302 1992 2032304 1987740 36515 8049 62502 46598 15904 421489 133600 287889 2198990 2198990 743964 254009 489955 MEMBERSHIP FEES 288602 241010 47592 BAD DEBT EXPENSE 159625 159625 OTHER EXPENSES 116569 86502 21041 9026 INDIRECT COSTS ALLOCATI 0 -249729 249729 47574315 42699518 4732370 142427 6487648 5843182 606443 891612 141717 81712 1878956 2682156 69870230 42819292 27943915 27050938 40607388 44461748 6353411 6732093 84019478 87743441 1489308 1666307 1228185 1286599 11095238 10115267 916027 1157900 14728758 14226073 X 25072679 25987376 44218041 47529992 69290720 73517368 84019478 87743441 X 2287622 1945312 -6286 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 390051 X 0 40587952 470003 5268800 1275700 461405 265205 44324445 37071580 299470 5366820 1318615 575753 255550 40587952 39322643 623454 -521557 1375900 654300 322760 37071580 32883434 5178265 3399282 1332145 509655 296538 39322643 32055243 570413 2022295 1081310 416665 266542 32883434 0.04110 0.95890 0.00000 0 0 288000 110978 398978 436780 48816114 27027208 22225686 3809155 2406822 1402333 16019152 13385262 2633890 189536 200515 390051 27050938 FUNDS HELD IN TRUST 6449403 RIGHT-OF-USE ASSET - FINANCE LEASES - NET 282690 6732093 STUDENT DEPOSITS 909554 ANNUITY LIABILITIES 99750 FEDERAL PERKINS STUDENT LOAN PROGRAM 148596 1157900 34010464 1945312 129621 2074933 31935531 17926406 17926406 49861937 29783816 136229 136229 29647587 17926728 17926728 47574315 PART III, LINE 4: THE COLLEGE'S COLLECTIONS OF ART ARE HELD FOR PUBLIC EXHIBITIONS AND EDUCATION. PART V, LINE 4: APPROXIMATELY TWO THIRDS OF THE VALUE OF THE ENDOWMENT FUNDS IS COMMITTED TO SUPPORT SCHOLARSHIPS. THE REMAINING ENDOWMENT FUNDS, INCLUDING THE MODEST BOARD-DESIGNATED FUNDS, SUPPORT THE GENERAL OPERATIONS OF THE COLLEGE. SOME OF THE INCOME FROM THESE LATTER ENDOWMENT IS RESTRICTED FOR THINGS SUCH AS BUILDING AND GROUNDS MAINTENANCE, LIBRARY RESOURCES, SPECIFIC ACADEMIC PROGRAMS AND ACADEMIC CHAIRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RAFFLE PRIZES 4,200. RENTAL EXPENSES 7,561. SPECIAL EVENT EXPENSES 124,468. CHANGE IN SPLIT INTEREST AGREEEMENT -6,608. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 17,661,201. ENDOWMENT EXPENSES REALLOACTED TO INCOME 265,205. PART XII, LINE 2D - OTHER ADJUSTMENTS: RAFFLE PRIZES 4,200. RENTAL EXPENSES 7,561. SPECIAL EVENT EXPENSES 124,468. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 17,661,201. ENDOWMENT EXPENSES REALLOCATED TO INCOME 265,205. IMMATERIAL ROUNDING 322. SCHEDULE D PART XI LINE 2D SPECIAL EVENT EXPENSES AND RAFFLE PRIZES WERE INCLUDED WITH EXPENSES IN THE AUDITED FINANCIAL STATEMENTS. SPECIAL EVENT EXPENSES AND RAFFLE PRIZES ARE REPORTED NET OF FUNDRAISING REVENUE ON THE FORM 990. RENTAL EXPENSES WERE INCLUDED WITH EXPENSES IN THE AUDITED FINANCIAL STATEMENTS. RENTAL EXPENSES ARE REPORTED NET OF RENTAL INCOME ON THE FORM 990. SCHEDULE D PART XII LINE 2D SPECIAL EVENT EXPENSES AND RAFFLE PRIZES WERE INCLUDED WITH EXPENSES IN THE AUDITED FINANCIAL STATEMENTS. SPECIAL EVENT EXPENSES AND RAFFLE PRIZES ARE REPORTED NET OF FUNDRAISING REVENUE ON THE FORM 990. RENTAL EXPENSES WERE INCLUDED WITH EXPENSES IN THE AUDITED FINANCIAL STATEMENTS. RENTAL EXPENSES ARE REPORTED NET OF RENTAL INCOME ON THE FORM 990. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ROCKY MOUNTAIN COLLEGE CATALOG - "ROCKY MOUNTAIN COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEX, RELIGION, NATIONAL ORIGIN, CITIZENSHIP, AGE, DISABILITY, OR SEXUAL ORIENTATION IN ADMISSIONS OR ITS POLICIES AND/OR PROGRAMS, EMPLOYMENT OR OTHER ACTIVITIES." SCHEDULE E, PART I, LINE 6 ROCKY MOUNTAIN COLLEGE RECEIVED MONEY FROM THE FEDERAL TITLE IV PROGRAM. OTHER MISCELLANEOUS GRANTS FROM FEDERAL AND STATE GOVERNMENTS ARE ALSO RECEIVED BY ROCKY MOUNTAIN COLLEGE FOR EDUCATION AND RESEARCH PURPOSES. BLACK TIE BLUE JEANS AUCTION 472817 419811 53006 8964 27633 11500 68040 BEAR BASH DINNER 27030 13450 13580 233 2571 5527 499847 433261 66586 9197 30204 11500 73567 124468 -57882 7012 1000 3200 0 7012 1000 3200 4200 2812 MT 0 ROCKY MOUNTAIN COLLEGE HOLDS VARIOUS RAFFLES THROUGHOUT THE YEAR. ROCKY MOUNTAIN COLLEGE APPLIES WITH THE STATE OF MONTANA TO CONDUCT RAFFLES, WHICH IS DONE ANNUALLY. 0 0 0 1.00000 MELODIE MILROY 1511 POLY DR BILLINGS MT 59101 0 0 1 PELL GRANTS 265 1373599 RMC GRANTS 803 16156269 SEOG GRANTS 183 127560 TEACH GRANTS 1 3772 PART I, LINE 2: ROCKY MOUNTAIN COLLEGE AWARDS FINANCIAL AID WHICH COMES FROM FEDERAL AND STATE FUNDS, ENDOWMENT FUNDS, DONATIONS, ETC. THE STUDENTS ARE SELECTED BASED ON THE INDIVIDUAL FUND REQUIREMENTS AND IS POSTED TO THEIR ACCOUNT AS A REDUCTION. IF FUNDS EXCEED TUITION AND FEES, THE STUDENT IS GIVEN THE EXTRA FUNDS FOR LIVING EXPENSES. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ROBERT WILMOUTH PRESIDENT 266201 0 0 0 0 0 6875 0 9426 0 282502 0 0 0 TWYLLA KIRCHEN DIRECTOR, OTD PROGRAM 183446 0 0 0 0 0 8625 0 7452 0 199523 0 0 0 ANTHONY PILTZ PROFESSOR, ACCOUNTING/PROV 170979 0 0 0 0 0 8767 0 5531 0 185277 0 0 0 PART I, LINE 1A DUES WERE PAID FOR MEMBERSHIPS IN SOCIAL AND CIVIC CLUBS FOR ROBERT WILMOUTH. THESE CLUB VENUES ARE USED TO NETWORK AND SOLICIT DONATIONS FOR THE COLLEGE. NONE OF THE DUES ARE TREATED AS TAXABLE COMPENSATION. PART I, LINE 3 A COMPENSATION COMMITTEE FORMED BY TRUSTEES OF THE COLLEGE DETERMINES THE SALARY OF THE PRESIDENT, WHICH IS THEN APPROVED BY THE BOARD OF TRUSTEES. THE PROCESS FOR DETERMINING COMPENSATION USES OUTSIDE SOURCES SUCH AS CUPA-HR ADMINISTRATIVE COMPENSATION SURVEY AS WELL AS INFORMATION AND REPORTING FROM THE CHRONICLE OF HIGHER EDUCATION. A CITY OF BILLINGS MT 816001237 2011-03-31 2610868 PNC ENERGY PERFORMANCE AUDIT 0 0 0 B CITY OF BILLINGS MT 816001237 2004-02-18 10200000 2004 HIGHER ED NOTE 0 0 0 A 1606470 2610868 52000 2610868 0 0 1 1 B 5627699 10200000 204000 5765700 4230300 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 1 0 0 0 0 0 B 1 0 0 0 0 0 A 0 B 0 X 4 145337 FAIR MARKET VALUE X AUCTION ITEMS 0 79502 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE ELECTRONICALLY. THE AUDIT COMMITTEE DISCUSSES ANY QUESTIONS AND/OR COMMENTS WITH THE FINANCIAL STAFF. ONCE APPROVAL IS GIVEN THROUGH THE AUDIT COMMITTEE, THE RETURN IS FILED. THE APPROVAL IS COMMUNICATED TO THE FULL BOARD OF TRUSTEES AND EACH TRUSTEE MAY RECEIVE A COPY OF THE RETURN UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, TRUSTEES, OFFICERS AND MANAGEMENT EMPLOYEES COMPLETE A CONFLICT OF INTEREST FORM LISTING ANY CONFLICTS THEY MAY HAVE. IF TRUSTEES HAVE A CONFLICT OF INTEREST, THEY ARE NOT ALLOWED TO VOTE ON ANY ISSUES THAT ARE RELATED TO THEIR CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE PRESIDENT OF ROCKY MOUNTAIN COLLEGE IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. COMPARABLE INFORMATION FROM CUPA-HR ADMNISTRATIVE COMPENSATION SURVEY AND CHRONICLE OF HIGHER EDUCATION ARE USED TO HELP DETERMINE THE SALARY. FORM 990, PART VI, SECTION C, LINE 19 POLICIES ARE AVAILABLE ON THE ROCKY MOUNTAIN COLLEGE WEBSITE. GOVERNING DOCUMENTS AND 990'S ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENT -6,608. ROUNDING 322. 990 PART XII, LINE 2C-OVERSIGHT OF AUDIT ROCKY MOUNTAIN COLLEGE HAS AN AUDIT COMMITTEE THAT MAINTAINS OVERSIGHT OF THE AUDIT. NO CHANGE TO THIS PROCESS FROM PRIOR YEAR REPORTING.