AQUINAS COLLEGE INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- AQUINAS COLLEGE INC (EIN 38-1367080)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-15
- IRS object ID
- 202321359349306367
- 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 D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-15T11:19:27-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORVIS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 E Wayne St Suite 600 | AddressLine1Txt |
| City | Fort Wayne | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46802 | 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 | 381367080 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AQUINAS COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % TIMOTHY STAFFORD | InCareOfNm |
| Business Name Control | AQUI | BusinessNameControlTxt |
| Phone | 6166328900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 FULTON STREET EAST | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 495061801 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY J STAFFORD | PersonNm |
| Person Title | VP FOR FINANCE | PersonTitleTxt |
| Phone | 6166322885 | PhoneNum |
| Signature | 2023-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LISA | PersonFirstNm |
| Person Last | VANDEWEERT | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lauren R Denton | PreparerPersonNm |
| PTIN | P01571860 | PTIN |
| Phone | 2604604000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | DR ALICIA CORDOBA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 FULTON STREET EAST | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 495061801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $72,294,185 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.AQUINAS.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1892 | FormationYr |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Activity Or Mission | AQUINAS COLLEGE STRIVES TO BE AMONG THE PREMIER CATHOLIC COLLEGES IN THE MIDWEST RECOGNIZED FOR ITS EXCELLENCE IN PREPARING THE WHOLE PERSON TO LEAD A LIFE OF PURPOSE AND SUCCESS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 879 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $132,844 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $96,441 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,859,270 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,674,238 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $47,914,563 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $46,175,966 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,402,762 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,438,724 | CYInvestmentIncomeAmt |
| PY Other Revenue | $135,759 | PYOtherRevenueAmt |
| CY Other Revenue | $277,403 | CYOtherRevenueAmt |
| PY Total Revenue | $65,312,354 | PYTotalRevenueAmt |
| CY Total Revenue | $60,566,331 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $24,506,521 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $25,191,647 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $19,882,741 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $20,080,817 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $93,719 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $27,076 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,176,286 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $15,463,148 | PYOtherExpensesAmt |
| CY Other Expenses | $16,922,563 | CYOtherExpensesAmt |
| PY Total Expenses | $59,946,129 | PYTotalExpensesAmt |
| CY Total Expenses | $62,222,103 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,366,225 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,655,772 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $140,086,964 | TotalAssetsBOYAmt |
| Total Assets EOY | $130,597,146 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $36,318,729 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $38,172,805 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $103,768,235 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $92,424,341 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | AQUINAS COLLEGE, AN INCLUSIVE EDUCATIONAL COMMUNITY ROOTED IN THE CATHOLIC DOMINICAN TRADITION, PROVIDES A LIBERAL ARTS EDUCATION WITH A GLOBAL PERSPECTIVE, EMPHASIZES CAREER PREPARATION FOCUSED ON LEADERSHIP AND SERVICES TO OTHERS, AND FOSTERS A COMMITMENT TO A LIFELONG LEARNING DEDICATED TO THE PURSUIT OF TRUTH AND THE COMMON GOOD. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $53,953,766 | ExpenseAmt |
| Grant | $25,167,622 | GrantAmt |
| Revenue | $46,175,966 | RevenueAmt |
| Desc | AQUINAS COLLEGE SERVES 1,238 UNDERGRADUATE AND 124 GRADUATE STUDENT THE COLLEGE STRIVES TO PROVIDE A LIBERAL ARTS EDUCATION WITH A GLOBAL PERSPECTIVE, EMPHASIZING CAREER PREPARATION FOCUSED ON LEADERSHIP AND SERVICE TO OTHERS, ROOTED IN THE CATHOLIC DOMINICAN TRADITION. | Desc |
| Total Program Service Expenses | $53,953,766 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1775 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 879 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | EI | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY STAFFORD | PersonNm |
| Phone | 6166322920 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 FULTON STREET EAST | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 495061801 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| KEVIN QUINN | ||||||||
| PRESIDENT | 40.0 | 0.0 | Yes (X) | $291,566 | $0 | $25,412 | ||
| ERIN CRAIG | ||||||||
| VP FOR ENROLLMENT MANAGEMENT | 40.0 | 0.0 | $199,560 | $0 | $18,024 | Yes (X) | ||
| LISA VANDEWEERT | ||||||||
| VP FOR FINANCE/CFO | 40.0 | 0.0 | Yes (X) | $166,239 | $0 | $26,960 | ||
| STEPHEN GERMIC | ||||||||
| INTERIM PRESIDENT | 40.0 | 0.0 | Yes (X) | $170,786 | $0 | $11,453 | ||
| GINA OSTERGREN | ||||||||
| VICE PRESIDENT FOR ADVANCEMENT | 40.0 | 0.0 | $142,213 | $0 | $25,610 | Yes (X) | ||
| NICHOLAS DAVIDSON | ||||||||
| VICE PRESIDENT FOR ATHLETICS | 40.0 | 0.0 | $103,205 | $0 | $25,643 | Yes (X) | ||
| KATHARINA HAUSLER-GROSS | ||||||||
| ASSOCIATE PROVOST, ENGAGEMENT | 40.0 | 0.0 | $100,898 | $0 | $23,119 | Yes (X) | ||
| BRIAN DIVITA | ||||||||
| ASSOCIATE PROFESSOR, BUSINESS | 40.0 | 0.0 | $103,472 | $0 | $18,356 | Yes (X) | ||
| TIMOTHY STAFFORD | ||||||||
| INTERIM CFO | 40.0 | 0.0 | Yes (X) | $60,560 | $0 | $25,445 | ||
| MARCIE HILLARY | ||||||||
| CHAIR | 0.6 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| KIMBERLY HANRAHAN | ||||||||
| TREASURER | 0.6 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JAMES RABAUT | ||||||||
| SECRETARY | 0.6 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| SANDRA DELGADO | ||||||||
| TRUSTEE | 0.6 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| RICK HEUVELMAN | ||||||||
| TRUSTEE | 0.6 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| JOHN LOWERY | ||||||||
| TRUSTEE | 0.6 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| ANDOLA MATHIS | ||||||||
| TRUSTEE | 0.6 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| THOMAS MCGOVERN | ||||||||
| TRUSTEE | 0.6 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| JOE MURPHY | ||||||||
| TRUSTEE | 0.6 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| SR BARBARA REID OP | ||||||||
| TRUSTEE | 0.6 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| THOMAS WELCH JR | ||||||||
| VICE CHAIR | 0.6 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| SAMUEL CUMMINGS | ||||||||
| TRUSTEE | 0.6 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| ROBERT WOODHOUSE JR | ||||||||
| TRUSTEE | 0.6 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| MARGARET KENNEDY | ||||||||
| TRUSTEE | 0.6 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| MATT BIERSACK | ||||||||
| TRUSTEE | 0.6 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,338,499 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $200,022 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CREATIVE DINING SERVICES | |||||
| ONE ROYAL PART DRIVE | ZEELAND | MI | 49464 | DINING SERVICES | $2,075,191 |
| ELLUCIAN COMPANY LP | |||||
| 62578 COLLECTIONS CENTER DR | CHICAGO | IL | 60693 | INFORMATION TECH | $1,422,390 |
| WAYBETTER MARKETING INC | |||||
| PO BOX 1439 | COLUMBIA | MD | 21044 | MARKETING CAMPAIGNS | $199,882 |
| PRESIDIO TECHNOLOGY CAPITAL | |||||
| PO BOX 74390 | CHICAGO | IL | 60690 | INFORMATION TECH | $197,574 |
| DEAN TRAILWAYS OF MICHIGAN | |||||
| 4812 AURELIUS RD | LANSING | MI | 48910 | TRANSPORTATION | $428,789 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 12 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $168,010 | FundraisingAmt |
| Government Grants | $3,945,942 | GovernmentGrantsAmt |
| All Other Contributions | $6,560,286 | AllOtherContributionsAmt |
| Noncash Contributions | $315,644 | NoncashContributionsAmt |
| Total Contributions | $10,674,238 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION AND FEES | 611310 | $40,227,275 | $40,227,275 | |
| AUXILIARY SERVICES | 611710 | $5,633,238 | $5,633,238 | |
| OTHER REVENUE | 900099 | $315,453 | $180,639 | $134,814 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $46,175,966 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,437,376 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$1,970 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,439,346 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $275,332 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $275,332 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $275,332 | TotalRevenueColumnAmt |
| Exclusion | $275,332 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,662,953 | SecuritiesAmt |
| Other | $545 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,662,150 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,000,803 | SecuritiesAmt |
| Other | $545 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,001,348 | TotalRevenueColumnAmt |
| Exclusion | $2,001,348 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $67,775 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $168,010 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $65,704 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,071 | TotalRevenueColumnAmt |
| Exclusion | $2,071 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,566,331 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $46,041,152 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $132,844 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,718,097 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,025 | TotalAmt |
| Program Services | $24,025 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,177,211 | TotalAmt |
| Program Services | $23,177,211 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,990,411 | TotalAmt |
| Program Services | $1,990,411 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $778,421 | TotalAmt |
| Management And General | $778,421 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,162,592 | TotalAmt |
| Program Services | $13,078,822 | ProgramServicesAmt |
| Management And General | $1,441,797 | ManagementAndGeneralAmt |
| Fundraising | $641,973 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $339,959 | TotalAmt |
| Program Services | $276,199 | ProgramServicesAmt |
| Management And General | $48,657 | ManagementAndGeneralAmt |
| Fundraising | $15,103 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,737,178 | TotalAmt |
| Program Services | $1,756,567 | ProgramServicesAmt |
| Management And General | $906,395 | ManagementAndGeneralAmt |
| Fundraising | $74,216 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,062,667 | TotalAmt |
| Program Services | $865,781 | ProgramServicesAmt |
| Management And General | $148,758 | ManagementAndGeneralAmt |
| Fundraising | $48,128 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,962 | TotalAmt |
| Management And General | $66,962 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,000 | TotalAmt |
| Management And General | $63,000 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,076 | TotalAmt |
| Fundraising | $27,076 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $263,670 | TotalAmt |
| Management And General | $263,670 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,799,874 | TotalAmt |
| Program Services | $3,410,316 | ProgramServicesAmt |
| Management And General | $1,310,272 | ManagementAndGeneralAmt |
| Fundraising | $79,286 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $498,406 | TotalAmt |
| Program Services | $225,446 | ProgramServicesAmt |
| Management And General | $207,100 | ManagementAndGeneralAmt |
| Fundraising | $65,860 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $208,740 | TotalAmt |
| Program Services | $142,910 | ProgramServicesAmt |
| Management And General | $42,949 | ManagementAndGeneralAmt |
| Fundraising | $22,881 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $788,886 | TotalAmt |
| Program Services | $73,372 | ProgramServicesAmt |
| Management And General | $638,390 | ManagementAndGeneralAmt |
| Fundraising | $77,124 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,881,798 | TotalAmt |
| Program Services | $1,679,946 | ProgramServicesAmt |
| Management And General | $201,852 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $984,053 | TotalAmt |
| Program Services | $973,906 | ProgramServicesAmt |
| Management And General | $6,642 | ManagementAndGeneralAmt |
| Fundraising | $3,505 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,308,058 | TotalAmt |
| Program Services | $1,171,740 | ProgramServicesAmt |
| Management And General | $136,318 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,690,772 | TotalAmt |
| Program Services | $3,543,141 | ProgramServicesAmt |
| Management And General | $147,631 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,453 | TotalAmt |
| Management And General | $299,453 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES | $698,953 | $563,750 | $115,793 | $19,410 |
| OTHER | $1,369,938 | $1,000,223 | $267,991 | $101,724 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,222,103 | TotalAmt |
| Program Services | $53,953,766 | ProgramServicesAmt |
| Management And General | $7,092,051 | ManagementAndGeneralAmt |
| Fundraising | $1,176,286 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $600 | BOYAmt |
| EOY | $600 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,391,021 | BOYAmt |
| EOY | $5,269,510 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,925,436 | BOYAmt |
| EOY | $2,003,256 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,030,807 | BOYAmt |
| EOY | $833,776 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $444,992 | BOYAmt |
| EOY | $788,093 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $129,157,055 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $60,744,584 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,500,756 | BOYAmt |
| EOY | $68,412,471 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,006,607 | BOYAmt |
| EOY | $43,050,238 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,786,745 | BOYAmt |
| EOY | $10,239,202 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,086,964 | BOYAmt |
| EOY | $130,597,146 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,699,366 | BOYAmt |
| EOY | $3,230,466 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $245,090 | BOYAmt |
| EOY | $223,840 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,198,600 | BOYAmt |
| EOY | $28,498,562 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,000 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,214,714 | BOYAmt |
| EOY | $5,294,614 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,860,959 | BOYAmt |
| EOY | $825,323 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,318,729 | BOYAmt |
| EOY | $38,172,805 | 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 | $42,540,205 | BOYAmt |
| EOY | $39,664,548 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,228,030 | BOYAmt |
| EOY | $52,759,793 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,768,235 | BOYAmt |
| EOY | $92,424,341 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,086,964 | BOYAmt |
| EOY | $130,597,146 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,655,772 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$8,533,839 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,154,283 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,084,905 | BeginningYearBalanceAmt |
| Contributions | $767,871 | ContributionsAmt |
| Investment Earnings Or Losses | -$5,708,198 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,021,800 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $804,389 | AdministrativeExpensesAmt |
| End Year Balance | $41,318,389 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,432,321 | BeginningYearBalanceAmt |
| Contributions | $1,160,786 | ContributionsAmt |
| Investment Earnings Or Losses | $10,420,119 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,025,200 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $903,121 | AdministrativeExpensesAmt |
| End Year Balance | $48,084,905 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,297,011 | BeginningYearBalanceAmt |
| Contributions | $715,474 | ContributionsAmt |
| Investment Earnings Or Losses | $679,103 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $740,100 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $519,167 | AdministrativeExpensesAmt |
| End Year Balance | $38,432,321 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,958,461 | BeginningYearBalanceAmt |
| Contributions | $691,765 | ContributionsAmt |
| Investment Earnings Or Losses | $1,949,936 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $745,000 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,558,151 | AdministrativeExpensesAmt |
| End Year Balance | $38,297,011 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $35,224,095 | BeginningYearBalanceAmt |
| Contributions | $2,878,052 | ContributionsAmt |
| Investment Earnings Or Losses | $2,495,672 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $674,900 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $964,458 | AdministrativeExpensesAmt |
| End Year Balance | $38,958,461 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.84000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.16000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,483,678 | OtherCostOrOtherBasisAmt |
| Book Value | $2,483,678 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $84,633,070 | OtherCostOrOtherBasisAmt |
| Depreciation | $29,265,759 | DepreciationAmt |
| Book Value | $55,367,311 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,534,558 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,127,702 | DepreciationAmt |
| Book Value | $8,406,856 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,914,911 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,967,360 | DepreciationAmt |
| Book Value | $1,947,551 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,590,838 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,383,763 | DepreciationAmt |
| Book Value | $207,075 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $68,412,471 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| CASH VALUE OF LIFE INSURANCE | $17,042 |
| BENEFICIAL INTEREST IN TRUSTS | $10,222,160 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $10,239,202 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| AGREEMENT | $6,060 |
| STUDENT AND OTHER DEPOSITS | $374,596 |
| REFUNDABLE PERKINS LOAN ADVANCES | $33,586 |
| FUNDS HELD IN TRUST FOR OTHERS | $10,813 |
| CAPITALIZED LEASE OBLIGATIONS | $400,268 |
| DERIVATIVE LIABILITY | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $825,323 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $27,170,821 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$8,533,839 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $65,704 | OtherRevenueAmt |
| Revenue Not Reported | -$8,468,135 | RevenueNotReportedAmt |
| Revenue Subtotal | $35,638,956 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $263,670 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $24,663,705 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $24,927,375 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $60,566,331 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $38,514,715 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $65,704 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $65,704 | ExpensesNotReportedAmt |
| Expenses Subtotal | $38,449,011 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $263,670 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $23,509,422 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $23,773,092 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $62,222,103 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART V, LINE 4 | THE COLLEGE'S ENDOWMENT FUNDS ARE DEVOTED TO FURTHER THE MISSION OF THE COLLEGE. |
| ASC 740 | MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D | FUNDRAISING EXPENSES $ 65,704 PART XI, LINE 4B CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $ 1,154,244 STUDENT AID $23,509,422 INTEREST RATE SWAP VALUATION $ 39 TOTAL $24,663,705 PART XII, LINE 2D FUNDRAISING EXPENSES $ 65,704 PART XII, LINE 4B STUDENT AID $23,509,422 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE SCHOOL'S MISSION AND PROCLAMATION ON DIVERSITY ARE PUBLISHED IN THE CATALOG, RECRUITMENT MATERIALS, ADMISSIONS MATERIALS AND WEBSITE. |
| SCHEDULE E, PART I, LINE 6A | AQUINAS COLLEGE PROVIDES STUDENTS WITH APPLICABLE FEDERAL TITLE IV STUDENT ASSISTANCE PROGRAMS AND THAT OF MICHIGAN GRANTS AND SCHOLARSHIPS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| East Asia and the Pacific | 0 | 0 | Program Services | SCHOLARSHIPS | $218,620 |
| North America | 0 | 0 | Program Services | SCHOLARSHIPS | $316,698 |
| Russia and the Newly Independent States | 0 | 0 | Program Services | SCHOLARSHIPS | $22,500 |
| South America | 0 | 0 | Program Services | SCHOLARSHIPS | $120,297 |
| Sub-Saharan Africa | 0 | 0 | Program Services | SCHOLARSHIPS | $61,893 |
| Central America and the Caribbean | 0 | 0 | Program Services | INVESTMENTS | $2,851,206 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | SCHOLARSHIPS | $1,227,403 |
| Central America and the Caribbean | 0 | 0 | Program Services | SCHOLARSHIP | $23,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $4,841,617 | SubtotalSpentAmt |
| Total Spent | $4,841,617 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (7 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| SCHOLARSHIPS | East Asia and the Pacific | 9 | $218,620 | TUITION DISC |
| SCHOLARSHIPS | Europe (Including Iceland and Greenland) | 42 | $1,227,403 | TUITION DISC |
| SCHOLARSHIPS | North America | 12 | $316,698 | TUITION DISC |
| SCHOLARSHIPS | Russia and the Newly Independent States | 1 | $22,500 | TUITION DISC |
| SCHOLARSHIPS | South America | 5 | $120,297 | TUITION DISC |
| SCHOLARSHIPS | Sub-Saharan Africa | 5 | $61,893 | TUITION DISC |
| SCHOLARSHIPS | Central America and the Caribbean | 1 | $23,000 | TUITION DISC |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
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 (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | J MILITO AND ASSOCIATES INC | PersonNm |
| Activity | CALL CENTER | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Retained By Contractor | $27,076 | RetainedByContractorAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $27,076 | TotalRetainedByContractorsAmt |
| Licensed States | MI | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | WEGE PRO-AM GOL | Event1Nm |
| Gross Receipts Event1 | $194,925 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $136,300 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $58,625 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $7,666 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $13,040 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $11,517 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $8,536 | OtherDirectExpensesEvent1Amt |
| Event2 | EMERITUS EVENIN | Event2Nm |
| Gross Receipts Event2 | $34,550 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $27,800 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $6,750 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $850 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $9,341 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $6,458 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $6,310 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $3,910 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $2,400 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $6,144 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $2,152 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $235,785 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $168,010 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $67,775 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $7,666 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $13,890 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $27,002 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $17,146 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $65,704 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $2,071 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 1212 | RecipientCnt |
| Cash Grant | $23,177,211 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | STUDENTS RECEIVE SCHOLARSHIPS AS CREDITS AGAINST TUITION. THESE SCHOLARSHIPS CAN BE BASED ON NEED, ACADEMIC PERFORMANCE, AND/OR ATHLETICS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KEVIN QUINN | ||||||||||||
| PRESIDENT (LEFT 12/2021) | $291,566 | $0 | $0 | $0 | $0 | $0 | $4,027 | $0 | $21,385 | $0 | $316,978 | $0 |
| LISA VANDEWEERT LEFT 012022 | ||||||||||||
| VP FOR FINANCE/CFO | $166,239 | $0 | $0 | $0 | $0 | $0 | $2,625 | $0 | $24,335 | $0 | $193,199 | $0 |
| STEPHEN GERMIC | ||||||||||||
| INTERIM PRESIDENT | $170,786 | $0 | $0 | $0 | $0 | $0 | $2,018 | $0 | $9,435 | $0 | $182,239 | $0 |
| GINA OSTERGREN | ||||||||||||
| VICE PRESIDENT FOR ADVANCEMENT | $142,213 | $0 | $0 | $0 | $0 | $0 | $2,250 | $0 | $23,360 | $0 | $167,823 | $0 |
| ERIN CRAIG | ||||||||||||
| VP FOR ENROLLMENT MANAGEMENT | $199,560 | $0 | $0 | $0 | $0 | $0 | $2,110 | $0 | $15,914 | $0 | $217,584 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | PRESIDENT KEVIN QUINN RECEIVES TRAVEL BENEFITS FOR HIS SPOUSE. THE PRESIDENT ALSO RECEIVES A HOUSING ALLOWANCE, AS REQUIRED BY THE BOARD. THE SECT. 119 RULES ARE MET AND, AS A RESULT, THE FAIR MARKET VALUE OF THIS BENEFIT IS CONSIDERED NONTAXABLE COMPENSATION TO THE PRESIDENT. COUNTRY CLUB DUES ARE ALSO PAID FOR. THE COUNTRY CLUB IS FOR BUSINESS USE ONLY. THESE BENEFITS ARE TREATED AS NON-TAXABLE COMPENSATION. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MICHIGAN FINANCE AUTHORITY | ||||||||
| A | 800596186 | 594479GN1 | 2021-07-21 | $4,580,000 | DEBT REFINANCING AND CAPITAL IMPRO | false | false | false |
| MICHIGAN FINANCE AUTHORITY | ||||||||
| B | 800596186 | 594479GP6 | 2021-07-21 | $5,685,000 | DEBT REFINANCING AND CAPITAL IMPRO | false | false | false |
| MICHIGAN FINANCE AUTHORITY | ||||||||
| C | 800596186 | 594479GQ4 | 2021-07-21 | $16,535,000 | DEBT REFINANCING AND CAPITAL IMPRO | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $2,607,011 | $0 | $4,967,669 | $366,315 | $153,592 | $0 | $88,867 | $0 | $0 | $0 | $0 | $0 | 2021 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $3,235,995 | $0 | $6,166,201 | $454,694 | $190,649 | $0 | $110,308 | $0 | $0 | $0 | $0 | $0 | 2021 | Yes (true) | false | Yes (true) | Yes (true) |
| C | $9,411,993 | $0 | $17,934,588 | $1,322,492 | $554,509 | $0 | $320,833 | $0 | $0 | $0 | $0 | $0 | 2021 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0 | false | false | false | Yes (true) |
| B | false | false | false | false | 0 | false | false | false | Yes (true) |
| C | false | false | false | false | 0 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Exception To RebateExceptionToRebateInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||
| A | false | Yes (true) | false | false | false | 0 | false | Yes (true) |
| 0 | ||||||||
| B | false | Yes (true) | false | false | false | 0 | false | Yes (true) |
| 0 | ||||||||
| C | false | Yes (true) | false | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICK HEUVELMAN | PersonNm |
| Relationship With Org | BOARD MEMBER | RelationshipWithOrgTxt |
| Loan Purpose | ATH. FIELD UPGRADE | LoanPurposeTxt |
| Loan To Organization | Yes (X) | LoanToOrganizationInd |
| Original Principal | $150,000 | OriginalPrincipalAmt |
| Balance Due | $100,000 | BalanceDueAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | false | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $100,000 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | DONOR PROVIDED | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $525 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 16 | ContributionCnt |
| Noncash Contributions Rpt F990 | $313,619 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVERAGE PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PART I | FormAndLineReferenceDesc |
| Explanation | THE AMOUNTS LISTED IN PART I, COLUMN B ARE BASED ON THE NUMBER OF CONTRIBUTORS FOR EACH TYPE OF PROPERTY CONTRIBUTED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1B | RICK HEUVELMAN IS CONSIDERED NON-INDEPENDENT DUE TO A TRANSACTION ON SCHEDULE L. |
| FORM 990, PART VI, SECTION A, LINE 7A | TWO OF THE MEMBERS OF THE BOARD OF TRUSTEES SHALL BE APPOINTED BY THE PRIORESS OF THE SISTERS OF THE ORDER OF ST. DOMINIC OF OUR LADY OF THE SACRED HEART (THE DOMINICAN SISTERS). THE PRIORESS MAY, BUT NEED NOT, APPOINT HERSELF AS ONE OF HER TWO APPOINTEES. |
| FORM 990, PART VI, SECTION A, LINE 7B | CERTAIN POWERS RELATING TO THE CONTROL AND OPERATION OF THE CORPORATION ARE RESERVED TO THE DOMINICAN SISTERS. THE RESERVED POWERS REQUIRE THE APPROVAL OF THE DOMINICAN SISTERS ACTING THROUGH THE PRIORESS, FOR CERTAIN ACTIONS TAKEN BY THE BOARD OF TRUSTEES. THOSE ACTIONS ARE: 1. THE ACQUISITION, DISPOSITION, OR CONSTRUCTION, IN ONE TRANSACTION OR A SERIES OF RELATED TRANSACTIONS, OF REAL PROPERTY AND IMPROVEMENTS OF A VALUE OF FIVE MILLION DOLLARS ($5,000,000) OR MORE. 2. A CHANGE IN THE MISSION OF THE CORPORATION. 3. A CHANGE TO THE BOARD COMPOSITION, INCLUDING THE NUMBER OF BOARD MEMBERS. 4. A CHANGE IN WHO WILL RECEIVE THE REMAINING ASSETS OF THE CORPORATION AFTER SATISFACTION OF ALL LIABILITIES, DEBTS AND OBLIGATIONS OF THE CORPORATION UPON DISSOLUTION OF THE CORPORATION. 5. TO AMEND OR REPEAL THE ARTICLES, IN WHOLE OR IN PART. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY THE VICE PRESIDENT FOR FINANCE. THE FORM 990 DRAFT REVIEW PROCESS BEGINS WITH OUR ACCOUNTING AND TAX ADVISING FIRM, FOLLOWED BY THE PRESIDENT AND THE BOARD TREASURER. THE BOARD TREASURER MAKES THE FORM 990 AVAILABLE TO MEMBERS OF THE BOARD EXCLUDING SCHEDULE B. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ASSISTANT TO THE PRESIDENT ANNUALLY DELIVERS AND COLLECTS THE CONFLICT OF INTEREST STATEMENTS FROM ALL ACTIVE BOARD OF TRUSTEE MEMBERS WHICH ARE THEN MADE AVAILABLE FOR REVIEW BY THE EXECUTIVE COMMITTEE OF THE BOARD. IF A CONFLICT ARISES, THERE IS A MEETING WITH THE INDIVIDUAL WITH WHOM THE CONFLICT EXISTS. IF THE CONFLICT IS NOT ELIMINATED, THE INDIVIDUAL IS REMOVED FROM THEIR ROLE. |
| FORM 990, PART VI, SECTION B, LINE 15A & 15B | THE FULL BOARD OF TRUSTEES ANNUALLY REVIEWS AND APPROVES THE COMPENSATION PACKAGE FOR THE PRESIDENT BASED ON NUMEROUS FACTORS INCLUDING PERFORMANCE AND COMPARABILITY DATA. THROUGH THE ANNUAL REVIEW AND APPROVAL PROCESS OF THE BUDGET, THE FINANCE COMMITTEE OF THE BOARD APPROVES STAFF COMPENSATION. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2021. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS OPEN TO PUBLIC INSPECTION ARE MADE AVAILABLE UPON REQUEST. |
| PART XI, LINE9 | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $-1,154,244 INTEREST RATE SWAP VALUATION $ -39 TOTAL $-1,154,283 |