2021-07-15T11:47:55-05:00 2020-08-31 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2019-09-01 043403049 URBAN COLLEGE OF BOSTON URBA 6174497430 2 BOYLSTON STREET BOSTON MA 02116 MICHAEL TAYLOR PRESIDENT 6174497430 2021-07-14 1 DAVID A DIIULIS P00303577 6174711120 2021-07-14 2019 2022-09-23 18:48:47Z MICHAEL TAYLOR 2 BOYLSTON STREET BOSTON MA 02116 4329049 0 X WWW.URBANCOLLEGE.EDU X 1998 MA PRIVATE TWO YEAR COLLEGE SERVING PRIMARILY LOWER INCOME INDIVIDUALS FROM THE GREATER BOSTON AREA. 16 15 114 16 9210 8210 891993 863266 3270368 3456573 0 0 13840 9210 4176201 4329049 464857 388957 0 0 2350464 2621726 0 0 0 1281281 1286510 4096602 4297193 79599 31856 1105406 1711257 272089 846084 833317 865173 PRIVATE TWO YEAR COLLEGE SERVING PRIMARILY LOWER INCOME INDIVIDUALS FROM THE GREATER BOSTON AREA. 0 0 3065581 388957 3456573 URBAN COLLEGE OF BOSTON (UCB) IS AN INDEPENDENT CO-EDUCATIONAL TWO YEAR HIGHER EDUCATION INSTITUTION LOCATED IN THE HEART OF DOWNTOWN BOSTON. UCB PROVIDES INNER-CITY RESIDENTS WHO MIGHT OTHERWISE NEVER GO TO COLLEGE WITH THE OPPORTUNITY TO ACHIEVE EDUCATION CREDENTIALS AND SKILLS TIED TO UPWARDLY MOBILE CAREERS. THE COLLEGE OFFERS ASSOCIATE DEGREES IN HUMAN SERVICE ADMINSTRATION, EDUCATION AND GENERAL STUDIES. 3065581 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 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 0 0 1 4 0 1 114 1 1 1 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 MA X MICHAEL TAYLOR 6174497430 2 BOYLSTON STREET BOSTON MA 02116 PETER EBB ESQ CHAIRPERSON 1.00 X X 0 0 0 CONSTANCE COUNTS PH D CLERK 1.00 X X 0 0 0 RYAN T NAGLE TRUSTEE 1.00 X 0 0 0 LINDA G DUMAS PH D TRUSTEE 1.00 X 0 0 0 JESSICA SOTO ESQ TRUSTEE 1.00 X 0 0 0 DONNA COARD TRUSTEE 1.00 X 0 0 0 HAROLD J MEZOFF VICE CHAIRPERSON 1.00 X X 0 0 0 MARGARET POWER PH D TRUSTEE 1.00 X 0 0 0 GEORGE REGAN TRUSTEE 1.00 X 0 0 0 SHARON SCOTT-CHANDLER ESQ TRUSTEE 1.00 X 0 0 0 CHARLES TITUS TRUSTEE 1.00 X 0 0 0 MICHAEL WAGNER MD TRUSTEE 1.00 X 0 0 0 JOHN B HYNES III TRUSTEE 1.00 X 0 0 0 MICHAEL TAYLOR PRESIDENT 35.00 X X 224614 0 16912 FEI GAO TRUSTEE 1.00 X 0 0 0 CLAUDE G LANCOME ESQ TRUSTEE 1.00 X 0 0 0 CLEA WINNEG CHIEF ACADEMIC OFFICER 35.00 X 125000 0 23394 349614 0 40306 2 0 1 0 BOSTON REDEVELOPMENT AUTHORITY 1 CITY HALL SQUARE BOSTON MA 02201 RENT 332313 BCBS 101 HUNTINGTON AVE 1300 BOSTON MA 02199 MEDICAL 127839 2 460098 403168 863266 TUITION AND FEES 611310 3456573 3456573 3456573 RENTAL INCOME 532000 9210 9210 9210 4329049 3456573 9210 0 388957 388957 389920 389920 1925957 1374405 551552 103893 36119 67774 74117 39282 34835 127839 67755 60084 137183 41883 95300 30350 30350 54743 41605 13138 97151 75838 21313 402148 321718 80430 23132 4627 18505 878 702 176 45644 36515 9129 190351 100886 89465 BAD DEBTS 108575 108575 GRANT AND PROGRAM EXPEN 83852 71274 12578 UTILITIES 58848 37074 21774 MISCELLANEOUS 53655 37021 16634 4297193 3065581 1231612 0 471478 1094535 474431 502869 208516 159366 94794 49150 64703 64703 1105406 1711257 110559 214916 53393 28963 108137 602205 272089 846084 X 452057 722775 381260 142398 833317 865173 1105406 1711257 31856 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 208516 159366 49150 49150 DEFERRED RENT 162205 PAYCHECK PROTECTION PROGRAM LOAN 440000 602205 X 3940092 0 3940092 388957 388957 4329049 3908236 0 3908236 388957 388957 4297193 PART X, LINE 2: 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" (MLTN) 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 THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, URBAN COLLEGE OF BOSTON MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 388,957. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 388,957. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 URBAN COLLEGE'S HARASSMENT/DISCRIMINATION POLICY IS AVAILABLE ON THE UCB WEBSITE (UNDER STUDENT SERVICES AND LINKED FROM CONSUMER DISCLOSURES). IT IS ALSO INCLUDED IN THE COURSE CATALOG AND STUDENT HANDBOOK, BOTH OF WHICH ARE ALSO AVAILABLE ON OUR WEBSITE. 1 SCHOLARHIPS AND INSTITUTIONAL AID 977 388957 PART I, LINE 2: THE COLLEGE'S ADMINISTRATIVE STAFF OVERSEE THAT THE PROVISIONS OF THE GRANTS ARE MET IN ACCORDANCE WITH THE GUIDELINES OR AGREEMENT SET FORTH, WHETHER THAT IS USE OF DONOR, GOVERNMENT OR INSTITUTIONAL SOURCES. X X 0 0 0 0 0 0 0 0 0 MICHAEL TAYLOR PRESIDENT 224614 0 0 0 0 0 0 0 16912 0 241526 0 0 0 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 C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 990 PART XII, LINE 2C THE OVERSIGHT PROCESS FOR REVIEW OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.