2025-05-13T17:26:54-05:00 2024-06-30 WITHUMSMITHBROWNPC 155 SEAPORT BOULEVARD BOSTON MA 02210 990 2023-07-01 042103701 American International College % ELIZABETH NORRIS NEU AMER 4137377000 1000 state street Springfield MA 011093151 ELIZABETH NORRIS NEU VICE PRESIDENT FO FI 4132053902 2025-05-15 true true RICHARD RUVELSON P00234075 6172273333 2023 2025-03-06 01:10:19Z ELIZABETH NORRIS NEU 1000 state street Springfield MA 011093151 92473342 false X www.aic.edu X 1885 MA SEE SCHEDULE O 23 23 753 6 0 7026560 4210275 69088800 67884754 709268 960818 5757870 9242687 82582498 82298534 32214978 33744284 0 0 24088935 22869846 0 0 784102 25953976 27523779 82257889 84137909 324609 -1839375 94251994 95492958 34148646 33980780 60103348 61512178 AMERICAN INTERNATIONAL COLLEGE PROVIDES ACCESS TO A HOLISTIC EDUCATION IN AN INCLUSIVE ENVIRONMENT THAT PROPELS A DIVERSE COMMUNITY OF LEARNERS TO PERSONAL GROWTH AND PROFESSIONAL SUCCESS. false false 62424323 33744284 77173671 HIGHER EDUCATION: PROGRAM SERVICE ACTIVITIES RELATED TO THE INSTITUTION'S EXEMPT PURPOSE OF PROVIDING EDUCATIONAL SERVICES TO APPROXIMATELY 2,292 STUDENTS INCLUDING SCHOLARSHIPS AND AWARDS OF $33,744,284, INSTRUCTIONAL SERVICES OF $13,119,873, STUDENT SERVICES OF $14,596,759 AND LIBRARY SERVICES OF $963,407. 2531683 HIGHER EDUCATION:AUXILIARY SERVICES ARE PROVIDED AS AN INTEGRAL PART OF THE COLLEGE. 64956006 true true false false false false false false false true true false false false true true true false true false false false false false true false false false true true false false false false false true false false false false false false false false false false false true 38 0 true 753 true false false false false false false false false false false false false false false X 23 23 false false false false false false false true true false false true true true true true true true true false MA X ELIZABETH NORRIS NEU 4132053902 1000 STATE STREET SPRINGFIELD MA 011093151 X HUBERT BENITEZ PRESIDENT 40.0 0.0 X 373923 0 38140 MARION ROYSTON CHIEF INFORMATION OFFICER 40.0 0.0 X 226304 0 29713 NICOLLE CESTERO-SZEWCZYK COO, EXECUTIVE VP AND CHIEF OF 40.0 0.0 X 224842 0 25470 Michael T Dodge evpaa 40.0 0.0 X 217846 0 25135 SUSAN J HENRICHON DEAN SCHOOL OF EDUCATION 40.0 0.0 X 228475 0 0 Karen S Rousseau Dean Of Health Science 0.0 0.0 X 180150 0 41102 MATTHEW SCOTT VICE PRESIDENT FOR STUDENT AFF 40.0 0.0 X 193500 0 24808 KERRY BARNES COLE VICE PRESIDENT FOR ADMISSIONS 40.0 0.0 X 186825 0 25144 FRANK COLACCINO CHAIR 1.0 0.0 X X 0 0 0 K KEVIN SAREMI VICE CHAIR 1.0 0.0 X X 0 0 0 RONALD J ABDOW TRUSTEE 1.0 0.0 X 0 0 0 ARLEN CARBALLO TRUSTEE 1.0 0.0 X 0 0 0 SHEFALI DESAI TRUSTEE 1.0 0.0 X 0 0 0 MARK J DUCLOS TRUSTEE 1.0 0.0 X 0 0 0 GARY S GILLHEENEY Sr TRUSTEE 1.0 0.0 X 0 0 0 DENISE JORDAN TRUSTEE 1.0 0.0 X 0 0 0 GALE A KIRKWOOD TRUSTEE 1.0 0.0 X 0 0 0 STEVEN P LEFEBVRE TRUSTEE 1.0 0.0 X 0 0 0 JOHN V LOMBARDI TRUSTEE 1.0 0.0 X 0 0 0 EARL T PRYCE TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL D RAVOSA TRUSTEE 1.0 0.0 X 0 0 0 TIMOTHY J REGAN II TRUSTEE 1.0 0.0 X 0 0 0 JOHN ROUSOU TRUSTEE 1.0 0.0 X 0 0 0 NANCY M TANTONE TRUSTEE 1.0 0.0 X 0 0 0 THOMAS P TUNSTALL TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL D WEEKES TRUSTEE 1.0 0.0 X 0 0 0 lisa doherty TRUSTEE 1.0 0.0 X 0 0 0 ACraig Brown Esq Treasurer 1.0 0.0 X 0 0 0 1831865 0 209512 24 false true false Chartwells 4606 CENTRAL SCHOOL RD SAINT CHARLES MO 63304 FOOD SERVICES 4321240 WESTERN BUILDERS PO BOX 587 GRANBY MA 01033 Construction service 2244066 Allied Universal Security Services 580 HARRISON AVE BOSTON MA 02118 SECURITY 1914043 LAERDAL MEDICAL CORPORATION PO BOX 8500-53168 PHILADELPHIA PA 191783168 HEALTH 1551548 BMS Cat LLC 5718 Airport Freeway HALTOM CITY TX 76117 disaster recovery 1484201 5 1885612 2324663 18675 4210275 undergraduate & graduate tuit 611310 56130495 56130495 residence halls 611310 11734723 11734723 AUXILIARY ENTERPRISES 611310 19536 19536 67884754 935726 935726 0 0 0 0 0 10199900 10130910 43898 68990 -43898 25092 68990 0 -43898 22760 0 22760 0 0 0 0 0 0 INSURANCE PROCEEDS - FIRE 611310 7694709 7694709 MISCELLANEOUS REVENUE 611310 1525218 1525218 9219927 82298534 77173671 0 891828 0 33744284 33744284 0 0 1197969 920635 253365 23969 0 18020678 13945805 3713250 361623 266603 190186 71244 5173 2097849 1496542 560605 40702 1286747 1018753 240522 27472 0 133075 133075 148406 148406 0 0 0 3074343 335571 2706360 32412 314065 314065 406539 235064 120172 51303 72167 18202 49686 4279 0 5128916 1139230 3975233 14453 528657 497512 13533 17612 0 69051 62750 5364 937 543405 422240 121165 0 3286952 2447352 827375 12225 771805 6713 765092 Dining Expense 4447619 4342272 100891 4456 MAINTENANCE 1983596 1961771 21825 ATHLETICS 1896113 1896113 BAD DEBTS 1028763 1008763 20000 3690307 2236782 1307864 145661 84137909 64956006 18397801 784102 X 8285936 7912611 3502320 812689 165588 448046 2226458 2747258 0 0 0 0 0 0 0 0 1150911 1602530 111071385 63475675 42061366 47595710 31895135 29704906 0 0 0 0 0 0 4964280 4669208 94251994 95492958 4625593 6969338 0 0 1985069 1636055 0 0 0 0 0 0 24713996 22941521 0 0 2823988 2433866 34148646 33980780 X 40530712 39313322 19572636 22198856 60103348 61512178 94251994 95492958 X -1839375 3295155 -46950 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30481819 518262 4124024 579741 6200000 28344364 28023985 368371 2521894 432432 30481818 25570045 6373168 -3546830 372398 28023985 20058783 301039 5497995 287772 25570045 18847832 740561 591548 221158 19958783 0.20840 0.44720 0.34440 false false 2249863 2249863 73597208 38918742 34678466 25247181 21798233 3448948 9977133 2758700 7218433 47595710 0 ACCURED PENSION OBLIGATIONS 572477 ASSET RETIREMENT OBLIGATIONS 1810663 CAPITAL LEASE OBLIGATIONS 50726 2433866 X 85568208 3295155 21469 3316624 82251584 46950 46950 82298534 84159378 21469 21469 84137909 84137909 PART XI, LINE 4b - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST AGREEMENTS -67,358 CHANGE IN PENSION VALUE -180,764 Loss on beneficial interest in third-party trusts 295,075 TOTAL TO SCHEDULE D, PART XI, LINE 4b 46,950 PART X, LINE 2: The College has been notified by the Internal Revenue Service that it meets the qualifications to be classified as a tax-exempt entity under Section 501(c)(3) of the Internal Revenue Code. As a not-for-profit entity exempt from income taxes, the College may, however, be subject to tax on unrelated business income. Accounting principles generally accepted in the United States of America require an entity to assess the probability that a tax position has a "more likely than not" sustainability after review by tax authorities. If a tax position is deemed not to meet this threshold, any unrecognized tax benefits and costs are estimated and recognized. Tax returns are routinely open for review by tax authorities for three years from their due date. In certain circumstances, that statute of limitations may remain open indefinitely. true true true true true true true false false false false false false false false true false true LINE 3 THE RACIALLY NONDISCRIMINATORY POLICY TOWARDS STUDENTS IS PUBLISHED IN THE STUDENT HANDBOOK AND ON THE COLLEGE'S WEBSITE. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: THE COLLEGE RECEIVED FINANCIAL ASSISTANCE FROM THE DEPARTMENT OF EDUCATION. THE PROGRAMS THAT THE COLLEGE PARTICIPATES IN ARE FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, FEDERAL WORK-STUDY PROGRAM, FEDERAL PELL GRANT PROGRAM, FEDERAL DIRECT STUDENT LOANS, TEACH GRANTS, TRIO- STUDENT SUPPORT SERVICES, AND HIGHER EDUCATIONAL INSTITUTIONAL AID. GOLF TOURNAMENT 12840 12840 CHIPMAN GOLF 9920 9920 0 22760 22760 22760 true SCHOLARSHIPS FOR STUDENTS OF THE CO 2292 33744284 Part I Description of Procedure for Monitoring Use of Funds THE COLLEGE HAS POLICIES AND PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS. STUDENTS ARE PROPERLY VETTED TO ENSURE QUALIFICATION. STUDENT QUALIFICATION IS BASED UPON THE COLLEGE'S ASSESSMENT OF THE STUDENTS ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER RELEVANT STANDARDS/FACTORS. X true true X X X X X false false false false false false false false false HUBERT BENITEZ PRESIDENT 333923 0 0 0 40000 0 30000 0 8140 0 412063 0 SUSAN J HENRICHON DEAN SCHOOL OF EDUCATION 228475 0 0 0 0 0 0 0 0 0 228475 0 MARION ROYSTON CHIEF INFORMATION OFFICER 161304 0 0 0 65000 0 20970 0 8743 0 256017 0 NICOLLE CESTERO-SZEWCZYK COO, EXECUTIVE VP AND CHIEF OF 221692 0 0 0 3150 0 22500 0 2970 0 250312 0 Michael T Dodge evpaa 177846 0 0 0 40000 0 18785 0 6350 0 242981 0 MATTHEW SCOTT VICE PRESIDENT FOR STUDENT AFF 130900 0 0 0 62600 0 22170 0 2638 0 218308 0 KERRY BARNES COLE VICE PRESIDENT FOR ADMISSIONS 136825 0 0 0 50000 0 17787 0 7357 0 211969 0 Karen S Rousseau Dean Of Health Science 150150 0 0 0 30000 0 32673 0 8429 0 221252 0 PART I, LINE 1A: THE COLLEGE'S PRESIDENT RECEIVED A HOUSING ALLOWANCE WHICH WAS AUTHORIZED BY THE COLLEGE'S COMPENSATION COMMITTEE. PART I, LINE 5: ANNUAL BONUSES ARE DEPENDENT UPON THE COLLEGE'S FINANCIAL AND NON-FINANCIAL PERFORMANCE. THE COLLEGE'S COMPENSATION COMMITTEE DETERMINES ANNUAL BONUSES. A Craig Brown Esq Treasurer of AIC 58672 legal service of firm false FORM 990, PART VI, SECTION B, LINE 11B: THE COLLEGE'S FORM 990 WAS REVIEWED BY THE TRUSTEE AUDIT COMMITTEE AND WAS SUBSEQUENTLY PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD OF TRUSTEES. THE FORM 990 WAS FILED WITH THE INTERNAL REVENUE SERVICE FOLLOWING SUCH REVIEW. FORM 990, PART VI, SECTION B, LINE 12C: THE CONFLICT-OF-INTEREST POLICY IS APPLICABLE TO ALL COLLEGE EMPLOYEES AND TRUSTEES AND IS POSTED ON THE COLLEGE'S INTRANET SITE FOR ALL EMPLOYEES ANd TRUSTEES TO REVIEW. EACH TRUSTEE AND SENIOR ADMINISTRATIVE OFFICER EXECUTE A DECLARATION CONCERNING ANY CONFLICT OF INTEREST. THESE DECLARATIONS ARE FORWARDED TO THE CHAIRMAN OF THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15: THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES OF THE COLLEGE, (WHICH INCLUDES THE CHAIRMAN OF THE BOARD), CONDUCTS AN ANNUAL PERFORMANCE REVIEW AND EVALUATION OF SENIOR MANAGEMENT.THE COMMITTEE REVIEWS COMPENSATION DATA AT COMPARABLE INSTITUTIONS FOR ITS KEY EMPLOYEES AS PART OF THE PROCESS FOR DETERMINING COMPENSATION. MINUTES REGARDING DISCUSSION/DELIBERATIONS ARE MAINTAINED. THE LATEST COMPENSATION REVIEW WAS UNDERTAKEN IN THE LATTER PART OF FISCAL YEAR 2024. FORM 990, PART VI, SECTION C, LINE 19: THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: CHANGE IN SPLIT INTEREST AGREEMENTS -67,358 CHANGE IN PENSION VALUE -180,764 Loss on beneficial interest in third-party trusts 295,075 TOTAL TO FORM 990, PART XI, LINE 9 46,950 PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: AMERICAN INTERNATIONAL COLLEGE PROVIDES ACCESS TO A HOLISTIC EDUCATION IN AN INCLUSIVE ENVIRONMENT THAT PROPELS A DIVERSE COMMUNITY OF LEARNERS TO PERSONAL GROWTH AND PROFESSIONAL SUCCESS.