CLARK UNIVERSITY: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- CLARK UNIVERSITY (EIN 04-2111203)
- Tax period
- 2019-06-01 to 2020-05-31
- Filed
- 2021-02-16
- IRS object ID
- 202110559349300326
- Schema version
- 2019v5.0
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-16T15:14:03-07:00 | ReturnTs |
| Tax Period End | 2020-05-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042111203 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRUSTEES OF CLARK UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TRUS | BusinessNameControlTxt |
| Phone | 5087937499 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 950 Main Street | AddressLine1Txt |
| City | Worcester | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01610 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Danielle Manning | PersonNm |
| Person Title | Executive VP & Treasurer | PersonTitleTxt |
| Phone | 5087937455 | PhoneNum |
| Signature | 2021-02-18 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Clark University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | David Fithian | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 950 Main Street | AddressLine1Txt |
| City | Worcester | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $259,124,899 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.clarku.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1887 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | Clark University's mission is to educate undergraduate and graduate students to be imaginative and contributing citizens of the world, and to advance the frontiers of knowledge and understanding through rigorous scholarship and creative effort. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 2591 | TotalEmployeeCnt |
| Total Volunteers | 342 | TotalVolunteersCnt |
| Total Gross UBI | -$163,590 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$199,946 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $16,144,931 | PYContributionsGrantsAmt |
| CY Contributions Grants | $25,963,306 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $149,116,993 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $164,140,320 | CYProgramServiceRevenueAmt |
| PY Investment Income | $8,001,506 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,390,489 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,275,281 | PYOtherRevenueAmt |
| CY Other Revenue | $1,453,483 | CYOtherRevenueAmt |
| PY Total Revenue | $174,538,711 | PYTotalRevenueAmt |
| CY Total Revenue | $200,947,598 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $68,707,296 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $77,428,841 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $73,119,826 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $76,957,589 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,895,402 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $40,333,722 | PYOtherExpensesAmt |
| CY Other Expenses | $42,934,695 | CYOtherExpensesAmt |
| PY Total Expenses | $182,160,844 | PYTotalExpensesAmt |
| CY Total Expenses | $197,321,125 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$7,622,133 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,626,473 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $615,842,469 | TotalAssetsBOYAmt |
| Total Assets EOY | $609,464,924 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $103,911,245 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $99,952,634 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $511,931,224 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $509,512,290 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Clark University's mission is to educate undergraduate and graduate students to be imaginative and contributing citizens of the world, and to advance the frontiers of knowledge and understanding through rigorous scholarship and creative effort. Clark fosters a commitment to excellence in studying traditional academic disciplines, as well as innovation in exploring questions that cross disciplinary boundaries. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $70,832,492 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $150,035,565 | RevenueAmt |
| Desc | Instruction and academic support, with program expenditures of $70,832,492. Clark's fall 2019 enrollment consisted of 2,349 undergraduates and 1,149 graduate students. Our motto - and mission - is "Challenge Convention; Change Our World", and our faculty members work to inspire their students to utilize their liberal arts based education to make a real difference in the communities in which they live and work. We also have strong graduate programs, which include masters' level degrees and eight PhD programs. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $11,674,829 | ExpenseAmt |
| Grant | $4,567,515 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Research, with program expenditures of $11,674,829 and grant contributions of $9,077,682. Clark is committed to a program of research and has a very professionally active faculty, virtually all of whom are engaged in sponsored or unsponsored research and creative activity. This includes grants to organizations of $2,021,541. Additionally, Clark provided funding to students to support their research and LEEP projects in the amount of $1,353,471. There were also grants awarded through the CARES Act of $921,220 and emergency relief assistance of $271,283. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $72,861,326 | ExpenseAmt |
| Grant | $72,861,326 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Financial Aid, with expenditures/income offsets of $72,861,326. Clark is committed to being affordable to those students able to meet the high academic expectations of our faculty. Approximately 91% of undergraduate students receive some level of financial assistance, which is distributed on the basis of both merit and financial need. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $12,994,037 | $0 | $13,799,356 | Auxiliary Services includes providing high quality residence halls, food service, and campus store services to Clark students. There are program expenditures of $12,994,037 and offsetting revenue of $13,799,356. |
| $15,489,728 | $0 | $1,462,966 | Student Services programs support an environment for students that encourages them to become active, involved and responsible citizens in global communities. Resources are expended to provide support to students in achieving their non-academic goals and providing a balanced and healthy social environment. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $28,483,765 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $15,262,322 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $183,852,412 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | Yes (1) | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 7296 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2591 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 0 | Form8899Filedind |
| Form1098 C Filed | 0 | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Danielle Manning | PersonNm |
| Phone | 5087937455 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 950 Main Street | AddressLine1Txt |
| City | Worcester | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01610 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|---|
| David Angel | ||||||||||
| Officer | 40 | 0 | Yes (X) | $433,662 | $0 | $51,091 | ||||
| Jeffrey Hite Gillooly | ||||||||||
| Key Employee | 40 | 0 | $324,704 | $0 | $48,057 | Yes (X) | ||||
| Davis Baird | ||||||||||
| Key Employee | 40 | 0 | $303,641 | $0 | $50,131 | Yes (X) | ||||
| Pennie Turgeon | ||||||||||
| Key Employee | 40 | 0 | $276,367 | $0 | $74,777 | Yes (X) | ||||
| John LaBrie | ||||||||||
| Key Employee | 40 | 0 | $290,627 | $0 | $54,860 | Yes (X) | ||||
| Ronald Eastman | ||||||||||
| Director of Clark Labs | 40 | 0 | $247,423 | $0 | $48,794 | Yes (X) | ||||
| Robert Johnston | ||||||||||
| Director of Marsh Institute & Prof | 40 | 0 | $219,337 | $0 | $39,401 | Yes (X) | ||||
| Priscilla Elsass | ||||||||||
| Associate Professor | 40 | 0 | $220,646 | $0 | $32,159 | Yes (X) | ||||
| Jonathan Kappel | ||||||||||
| Exec Director of Principal Gifts | 40 | 0 | $219,773 | $0 | $26,989 | Yes (X) | ||||
| Meredith Twombley | ||||||||||
| Key Employee | 40 | 0 | $199,312 | $0 | $42,354 | Yes (X) | ||||
| Julie Dolan | ||||||||||
| Officer | 40 | 0 | Yes (X) | $208,862 | $0 | $29,336 | ||||
| Paula David | ||||||||||
| Key Employee | 40 | 0 | $200,905 | $0 | $26,305 | Yes (X) | ||||
| Yuko Aoyama | ||||||||||
| Key Employee | 40 | 0 | $193,238 | $0 | $28,111 | Yes (X) | ||||
| Frances Magee | ||||||||||
| Key Employee | 40 | 0 | $180,431 | $0 | $28,420 | Yes (X) | ||||
| Joseph Kalinowski | ||||||||||
| Asst VP Info Tech | 40 | 0 | $178,389 | $0 | $18,220 | Yes (X) | ||||
| John Foley | ||||||||||
| Officer | 40 | 0 | Yes (X) | $176,774 | $0 | $17,595 | ||||
| Jim Collins | ||||||||||
| Officer | 40 | 0 | Yes (X) | $172,883 | $0 | $18,608 | ||||
| Nancy Budwig | ||||||||||
| Former Key Employee | 40 | 0 | $148,144 | $0 | $21,867 | Yes (X) | ||||
| Katherine Cannon | ||||||||||
| Officer | 40 | 0 | Yes (X) | $149,697 | $0 | $16,202 | ||||
| Matthew Malsky | ||||||||||
| Key Employee | 40 | 0 | $136,631 | $0 | $13,927 | Yes (X) | ||||
| Jason M Barnett | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Andrew Brandman | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Ingrid Busson-Hall | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Kevin Cherry | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Rebecca Colin | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Roy DiNicola | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Mona Domosh | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Eric Epstein | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Richard Freeland | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Ross Gillman | ||||||||||
| Trustee | 15.00 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Daniel Hirsch | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Ellen Hughes-Cromwick | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Nancie Julian | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Gary Labovich | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Lawrence Landry | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Cynthia Michael-Wolpert | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Antonio Molestina | ||||||||||
| Trustee | 2.0 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| John O'Brien | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Lee Plave | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Joseph Poku | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Vickie H Riccardo | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Paul Saltzman | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Ron Shaich | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Robert Stevenish | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| David Strassler | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Steven Swain | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Tony Tilton | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Wendi J Trilling | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Bruce Weiller | ||||||||||
| Trustee | 2 | 0 | $0 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,481,446 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $687,204 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 124 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sodexo Inc Affiliates | |||||
| 9801 Washingtonian Blvd | Gaithersburg | MD | 20878 | Food services | $5,839,138 |
| J Calnan and Associates Inc | |||||
| 3 Batterymarch Park | Quincy | MA | 02169 | Construction | $1,140,377 |
| DelSignore Electrical Contractors | |||||
| 849 West Boylston Street | Worcester | MA | 01606 | Electrical | $835,974 |
| All State Construction Inc | |||||
| 449 Cooke Street | Farmington | CT | 06034 | Construction | $729,543 |
| UMass Memorial Medical Group | |||||
| Community Medical Group Admin | Worcester | MA | 01605 | Healthcare | $511,566 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 42 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $7,676,377 | GovernmentGrantsAmt |
| All Other Contributions | $18,286,929 | AllOtherContributionsAmt |
| Noncash Contributions | $6,256,393 | NoncashContributionsAmt |
| Total Contributions | $25,963,306 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Tuition and fees | 611310 | $149,430,243 | $149,430,243 | $0 | $0 |
| Housing | 721310 | $8,571,470 | $8,571,470 | $0 | $0 |
| Food services | 722310 | $5,049,413 | $5,049,413 | $0 | $0 |
| Geographic Software | 443120 | $248,266 | $248,266 | $0 | $0 |
| Campus Store | 453000 | $178,473 | $178,473 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $662,455 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $662,455 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $164,140,320 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,395,480 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,395,480 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,906 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $11,906 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $208,235 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $208,235 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $579,820 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $283,904 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $295,916 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $295,916 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $295,916 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,563,500 | SecuritiesAmt |
| Other | $54,313,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,434,603 | SecuritiesAmt |
| Other | $48,458,794 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $128,897 | SecuritiesAmt |
| Other | $5,854,206 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,983,103 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$163,590 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,146,693 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | 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 |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| 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 |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Energy incentives/grants | 900099 | $200,878 | $200,878 | $0 | $0 |
| Insurance incentive/rebate | 900099 | $94,941 | $94,941 | $0 | $0 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $653,513 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $653,513 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $949,332 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $200,947,598 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $165,297,887 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$163,590 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,849,995 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,981,297 | TotalAmt |
| Program Services | $1,981,297 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,268,710 | TotalAmt |
| Program Services | $75,268,710 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,834 | TotalAmt |
| Program Services | $178,834 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,410,103 | TotalAmt |
| Program Services | $1,824,016 | ProgramServicesAmt |
| Management And General | $1,188,089 | ManagementAndGeneralAmt |
| Fundraising | $397,998 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,210,888 | TotalAmt |
| Program Services | $46,016,028 | ProgramServicesAmt |
| Management And General | $9,677,785 | ManagementAndGeneralAmt |
| Fundraising | $2,517,075 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,960,385 | TotalAmt |
| Program Services | $3,130,707 | ProgramServicesAmt |
| Management And General | $658,429 | ManagementAndGeneralAmt |
| Fundraising | $171,249 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,470,791 | TotalAmt |
| Program Services | $5,905,702 | ProgramServicesAmt |
| Management And General | $1,242,048 | ManagementAndGeneralAmt |
| Fundraising | $323,041 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,905,422 | TotalAmt |
| Program Services | $3,087,258 | ProgramServicesAmt |
| Management And General | $649,292 | ManagementAndGeneralAmt |
| Fundraising | $168,872 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $524,146 | TotalAmt |
| Program Services | $524,146 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $406,559 | TotalAmt |
| Program Services | $28,601 | ProgramServicesAmt |
| Management And General | $364,750 | ManagementAndGeneralAmt |
| Fundraising | $13,208 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $195,885 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $195,885 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,427,111 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,427,111 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,860,829 | TotalAmt |
| Program Services | $5,121,936 | ProgramServicesAmt |
| Management And General | $1,627,621 | ManagementAndGeneralAmt |
| Fundraising | $111,272 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $663,059 | TotalAmt |
| Program Services | $101,139 | ProgramServicesAmt |
| Management And General | $559,121 | ManagementAndGeneralAmt |
| Fundraising | $2,799 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,261,628 | TotalAmt |
| Program Services | $2,353,585 | ProgramServicesAmt |
| Management And General | $454,938 | ManagementAndGeneralAmt |
| Fundraising | $453,105 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,111,067 | TotalAmt |
| Program Services | $1,012,361 | ProgramServicesAmt |
| Management And General | $68,805 | ManagementAndGeneralAmt |
| Fundraising | $29,901 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $916,424 | TotalAmt |
| Program Services | $688,858 | ProgramServicesAmt |
| Management And General | $144,002 | ManagementAndGeneralAmt |
| Fundraising | $83,564 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,752,392 | TotalAmt |
| Program Services | $651,111 | ProgramServicesAmt |
| Management And General | $4,098,375 | ManagementAndGeneralAmt |
| Fundraising | $2,906 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,684,635 | TotalAmt |
| Program Services | $1,492,856 | ProgramServicesAmt |
| Management And General | $51,395 | ManagementAndGeneralAmt |
| Fundraising | $140,384 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,081,505 | TotalAmt |
| Program Services | $781,611 | ProgramServicesAmt |
| Management And General | $154,733 | ManagementAndGeneralAmt |
| Fundraising | $145,161 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,377,579 | TotalAmt |
| Program Services | $1,272,657 | ProgramServicesAmt |
| Management And General | $102,590 | ManagementAndGeneralAmt |
| Fundraising | $2,332 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,116,507 | TotalAmt |
| Program Services | $8,037,326 | ProgramServicesAmt |
| Management And General | $998,054 | ManagementAndGeneralAmt |
| Fundraising | $81,127 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $595,844 | TotalAmt |
| Program Services | $470 | ProgramServicesAmt |
| Management And General | $588,308 | ManagementAndGeneralAmt |
| Fundraising | $7,066 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Study Abroad/Away | $2,063,787 | $2,063,787 | $0 | $0 |
| Other food service | $4,314,614 | $4,314,614 | $0 | $0 |
| Library Acquisitions | $1,522,444 | $1,522,444 | $0 | $0 |
| Other expense - Misc. | $928,408 | $5,943,966 | -$5,129,971 | $114,413 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,272 | TotalAmt |
| Program Services | $10,548,392 | ProgramServicesAmt |
| Management And General | -$11,548,049 | ManagementAndGeneralAmt |
| Fundraising | $1,129,929 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $197,321,125 | TotalAmt |
| Program Services | $183,852,412 | ProgramServicesAmt |
| Management And General | $7,573,311 | ManagementAndGeneralAmt |
| Fundraising | $5,895,402 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $293,462 | BOYAmt |
| EOY | $377,010 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,245,171 | BOYAmt |
| EOY | $54,354,674 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,095,050 | BOYAmt |
| EOY | $5,848,866 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,340,639 | BOYAmt |
| EOY | $1,534,658 | 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 | $6,742,030 | BOYAmt |
| EOY | $6,872,365 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $755,787 | BOYAmt |
| EOY | $994,242 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $736,772 | BOYAmt |
| EOY | $837,596 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $242,221,003 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $135,095,594 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,450,613 | BOYAmt |
| EOY | $107,125,409 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,581,883 | BOYAmt |
| EOY | $93,534,299 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $349,488,176 | BOYAmt |
| EOY | $332,914,958 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,620,682 | BOYAmt |
| EOY | $3,668,104 | 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 | $1,492,204 | BOYAmt |
| EOY | $1,402,743 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $615,842,469 | BOYAmt |
| EOY | $609,464,924 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,042,047 | BOYAmt |
| EOY | $14,327,559 | 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 | $11,678,342 | BOYAmt |
| EOY | $11,829,991 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,932,759 | BOYAmt |
| EOY | $58,488,163 | 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 | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | 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 | $15,258,097 | BOYAmt |
| EOY | $15,306,921 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,911,245 | BOYAmt |
| EOY | $99,952,634 | 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 | $132,470,772 | BOYAmt |
| EOY | $135,006,427 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $379,460,452 | BOYAmt |
| EOY | $374,505,863 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $511,931,224 | BOYAmt |
| EOY | $509,512,290 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $615,842,469 | BOYAmt |
| EOY | $609,464,924 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,626,473 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$4,677,847 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$1,367,560 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,799,651 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,756,185 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,128,374 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,144,931 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $25,963,306 | CurrentTaxYearAmt |
| Total | $94,792,447 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,799,651 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,756,185 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,128,374 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,144,931 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $25,963,306 | CurrentTaxYearAmt |
| Total | $94,792,447 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,881,867 | SubstantialContributorsTotAmt |
| Public Support Total170 | $86,910,580 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,296,567 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,285,208 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,847,124 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,306,817 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,703,302 | CurrentTaxYearAmt |
| Total | $14,439,018 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $250,340 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $250,340 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $109,481,805 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $208,235 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.79384 | PublicSupportCY170Pct |
| Public Support PY170 | 0.80613 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $17,397 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $17,397 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 | FormAndLineReferenceDesc |
| Explanation | There were no paid lobbyists for FY20. A small portion of the President's and Vice President for Community and Government Relations' time is spent meeting with and calling government officials. | ExplanationTxt |
Schedule D IRS990ScheduleD
Held Works Art HeldWorksArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $0 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $417,571,575 | BeginningYearBalanceAmt |
| Contributions | $11,816,086 | ContributionsAmt |
| Investment Earnings Or Losses | $2,331,792 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,724,954 | GrantsOrScholarshipsAmt |
| Other Expenditures | $12,260,537 | OtherExpendituresAmt |
| Administrative Expenses | $2,097,655 | AdministrativeExpensesAmt |
| End Year Balance | $410,636,307 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $436,869,340 | BeginningYearBalanceAmt |
| Contributions | $1,370,351 | ContributionsAmt |
| Investment Earnings Or Losses | -$336,747 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,470,808 | GrantsOrScholarshipsAmt |
| Other Expenditures | $11,837,913 | OtherExpendituresAmt |
| Administrative Expenses | $2,022,648 | AdministrativeExpensesAmt |
| End Year Balance | $417,571,575 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $408,808,150 | BeginningYearBalanceAmt |
| Contributions | $9,430,109 | ContributionsAmt |
| Investment Earnings Or Losses | $37,823,793 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,956,784 | GrantsOrScholarshipsAmt |
| Other Expenditures | $11,327,979 | OtherExpendituresAmt |
| Administrative Expenses | $1,907,948 | AdministrativeExpensesAmt |
| End Year Balance | $436,869,341 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $369,079,796 | BeginningYearBalanceAmt |
| Contributions | $7,800,049 | ContributionsAmt |
| Investment Earnings Or Losses | $50,318,626 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,685,496 | GrantsOrScholarshipsAmt |
| Other Expenditures | $10,871,985 | OtherExpendituresAmt |
| Administrative Expenses | $1,832,839 | AdministrativeExpensesAmt |
| End Year Balance | $408,808,151 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $403,722,250 | BeginningYearBalanceAmt |
| Contributions | $3,560,695 | ContributionsAmt |
| Investment Earnings Or Losses | -$21,059,146 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,210,579 | GrantsOrScholarshipsAmt |
| Other Expenditures | $10,221,964 | OtherExpendituresAmt |
| Administrative Expenses | $1,711,460 | AdministrativeExpensesAmt |
| End Year Balance | $369,079,796 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.15 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.37 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.48 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $17,059,765 | OtherCostOrOtherBasisAmt |
| Book Value | $17,059,765 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $207,279,868 | OtherCostOrOtherBasisAmt |
| Depreciation | $126,646,947 | DepreciationAmt |
| Book Value | $80,632,921 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,424,498 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,314,706 | DepreciationAmt |
| Book Value | $109,792 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $13,768,011 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,133,941 | DepreciationAmt |
| Book Value | $6,634,070 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $2,688,861 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $2,688,861 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $107,125,409 | TotalBookValueLandBuildingsAmt |
Financial Derivatives FinancialDerivativesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Partnerships/alternative investments | $332,552,670 | F |
| Other | $362,288 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $332,914,958 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (13 entries)
| DescDesc | AmtAmt |
|---|---|
| Annuities payable | $5,998,569 |
| Perkins federal liability contra | $4,130,123 |
| Conditional Asset Retirement Obligation | $1,833,256 |
| Interest rate swap liability | $1,169,839 |
| PILOT liability | $858,858 |
| ED Health Self Insured IBNR | $362,400 |
| Deferred compensation- President | $300,000 |
| China tax liability | $188,814 |
| Custodial funds | $186,047 |
| Capital lease obligation | $133,772 |
| Student health insurance | $116,494 |
| Cash card liability | $15,300 |
| Miscellaneous tax liabilities and other | $13,449 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $15,306,921 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $120,853,462 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$4,677,847 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | -$74,273,082 | OtherRevenueAmt |
| Revenue Not Reported | -$78,950,929 | RevenueNotReportedAmt |
| Revenue Subtotal | $199,804,391 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,427,111 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$283,904 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,143,207 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $200,947,598 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $123,608,660 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $239,708 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $239,708 | ExpensesNotReportedAmt |
| Expenses Subtotal | $123,368,952 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,427,111 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $72,525,062 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $73,952,173 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $197,321,125 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 1 | The University houses certain collections of works of art, literary works and artifacts. These collections are protected and preserved for public exhibition, education, research, and the furtherance of public service. They are neither disposed of for financial gain nor encumbered in any manner. Accordingly, these collections are not recorded or capitalized for financial statement purposes. |
| Schedule D, Part III, Line 4 | Clark University has art and book collections that are used by students and faculty to enhance curriculum. On occasion, these works have been accessed for scholarly research. |
| Schedule D, Part V, Line 4 | The University has adopted an endowment investment philosophy, which combined with the spending rate, attempts to provide a predictable stream of returns thereby making funds available to programs that are supported by its endowment, while at the same time seeking to maintain the purchasing power of the endowment assets. Endowment assets include those assets of donor-restricted funds that the organization must hold in perpetuity or for donor-specified periods, as well as, board-designated funds. Under the University's Investment Policy and spending rate, both of which are approved by the Board of Trustees, the endowment assets are invested in a manner that is intended to produce an inflation-adjusted return in excess of the spending rate over a long period of time. The use of the distribution is for mission related activities including student scholarships, library acquisitions, research, academic support, student loans, and instruction. |
| Schedule D, Part X, Line 2 | The University is required to assess uncertain tax positions and has determined that there were no such positions that are material to the consolidated financial statements. |
| Schedule D, Part XI, Line 2d | Reclass tuition remissions from contra revenue,-$72,861,326. Reclass student loan program revenue, -$1,182,786. Reclass student loan program expenses, $1,217,396. Change in value of post-retirement health obligation in non-operating activity, $5,535. Change in value of the interest rate swap, -$976,070. Change in value of split interest and beneficial interest in outside trust, -$89,461. Change in annuity and unitrust obligation, -$342,174. Endowment expense - other, -$44,196. |
| Schedule D, Part XI, Line 4b | Reclass of rental property expense to revenue, -$283,904. |
| Schedule D, Part XII, Line 2d | Endowment expense-other, -$44,196. Reclass of rental property expense to revenue, $283,904. |
| Schedule D, Part XII, Line 4b | Reclass tuition reductions from contra-revenue to expense, $72,712,730. Reclass aid for auxiliary from contra revenue to expense, $148,596. Elimination of related party activity from consolidated statement, -$336,264. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | Policy is printed in student handbooks, is available on the school website, and is referenced in all print media. The University also publicizes its non-discriminatory policy in all faculty and staff job ads. |
| Schedule E, Part I, Line 6 | To provide financial assistance to our students, the University participates in the Title IV program for Pell, Direct Lending, Campus Work Study and Supplemental Education Opportunity Grants. The Perkins Loan program is no longer active as the authority for schools to make new Federal Perkins Loans ended on September 30, 2017. The University continues to service existing Perkins balances. In addition, the University was awarded a CARES Act: Higher Education Emergency Relief Fund grant from the Department of Education of $1.9 million in March, 2020 to pay for some of the additional costs incurred related to the closing of campus due to COVID-19. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (38 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| East Asia and the Pacific | 0 | 0 | Grantmaking | $16,130 | |
| Europe (including Iceland and Greenland) | 0 | 1 | Grantmaking | $26,131 | |
| North America (including Canada and Mexico, but not the United States) | 0 | 0 | Grantmaking | $5,286 | |
| South America | 0 | 0 | Grantmaking | $7,938 | |
| South Asia | 0 | 0 | Grantmaking | $1,493 | |
| Sub-Saharan Africa | 0 | 0 | Grantmaking | $53,298 | |
| Central America and the Caribbean | 0 | 0 | Program Services | $6,384 | Conferences |
| East Asia and the Pacific | 0 | 0 | Program Services | $56,717 | Conferences |
| Europe (including Iceland and Greenland) | 0 | 1 | Program Services | $48,946 | Conferences |
| Middle East and North Africa | 0 | 0 | Program Services | $7,794 | Conferences |
| North America (including Canada and Mexico, but not the United States) | 0 | 1 | Program Services | $8,986 | Conferences |
| South America | 0 | 0 | Program Services | $3,640 | Conferences |
| South Asia | 0 | 0 | Program Services | $1,500 | Conferences |
| Sub-Saharan Africa | 0 | 0 | Program Services | $2,902 | Conferences |
| Central America and the Caribbean | 0 | 0 | Program Services | $912 | Instruction |
| East Asia and the Pacific | 0 | 0 | Program Services | $863,157 | Instruction |
| Europe (including Iceland and Greenland) | 0 | 6 | Program Services | $1,309,137 | Instruction |
| Middle East and North Africa | 0 | 0 | Program Services | $8,244 | Instruction |
| North America (including Canada and Mexico, but not the United States) | 0 | 1 | Program Services | $10,052 | Instruction |
| Russia and the newly independent States | 0 | 0 | Program Services | $7,418 | Instruction |
| South America | 0 | 1 | Program Services | $300 | Instruction |
| South Asia | 0 | 0 | Program Services | $25,500 | Instruction |
| Sub-Saharan Africa | 0 | 0 | Program Services | $2,253 | Instruction |
| Central America and the Caribbean | 0 | 0 | Program Services | $792 | Program development |
| East Asia and the Pacific | 0 | 1 | Program Services | $15,569 | Program development |
| Europe (including Iceland and Greenland) | 0 | 2 | Program Services | $6,758 | Program development |
| Middle East and North Africa | 0 | 0 | Program Services | $3,128 | Program development |
| North America (including Canada and Mexico, but not the United States) | 0 | 0 | Program Services | $1,845 | Program development |
| South America | 0 | 0 | Program Services | $4,457 | Program development |
| Sub-Saharan Africa | 0 | 0 | Program Services | $4,857 | Program development |
| Central America and the Caribbean | 0 | 0 | Program Services | $783 | Student recruitment |
| East Asia and the Pacific | 0 | 0 | Program Services | $1,607,287 | Student recruitment |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | $98,407 | Student recruitment |
| North America (including Canada and Mexico, but not the United States) | 0 | 0 | Program Services | $5,706 | Student recruitment |
| South America | 0 | 0 | Program Services | $623 | Student recruitment |
| South Asia | 0 | 0 | Program Services | $182,030 | Student recruitment |
| Sub-Saharan Africa | 0 | 0 | Program Services | $18,900 | Student recruitment |
| Central America and the Caribbean | 0 | 0 | Investments | $9,300,095 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 14 | TotalEmployeeCnt |
| Total Spent | $13,725,355 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | East Asia and the Pacific | RegionTxt |
| Purpose Of Grant | Research | PurposeOfGrantTxt |
| Cash Grant | $36,544 | CashGrantAmt |
| Manner Of Cash Disbursement | wire transfer | MannerOfCashDisbursementTxt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (10 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|---|---|
| Research grants | Central America and the Caribbean | 1 | $1,885 | electronic funds transfer | $0 |
| Research grants | Europe (including Iceland and Greenland) | 12 | $37,403 | check and electronic funds transfer | $0 |
| Research grants | Middle East and North Africa | 1 | $566 | electronic funds transfer | $0 |
| Research grants | Sub-Saharan Africa | 1 | $18,281 | electronic funds transfer | $0 |
| Scholarships | Central America and the Caribbean | 1 | $500 | electronic funds transfer | $0 |
| Scholarships | East Asia and the Pacific | 3 | $7,286 | check and electronic funds transfer | $0 |
| Scholarships | Europe (including Iceland and Greenland) | 18 | $47,144 | check and electronic funds transfer | $0 |
| Scholarships | Middle East and North Africa | 3 | $5,459 | check and electronic funds transfer | $0 |
| Scholarships | South America | 4 | $16,815 | check and electronic funds transfer | $0 |
| Scholarships | Sub-Saharan Africa | 4 | $3,251 | check and electronic funds transfer | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | PRE-AWARD SUBRECIPIENT MONITOR: Federal awards are identified by informing each subrecipient of CFDA title and number, award name and number, award year, and name of Federal agency. If any of this information is not available, the pass-through entity shall provide the best information available to describe the Federal award. The subrecipient is advised of requirements imposed by governing laws, regulations, and provisions of contracts or grant agreements and supplemental requirements imposed by the pass-through entity. The subrecipient's activities are monitored to ensure awards are used for authorized purposes in compliance with laws, regulations, and the provisions of contracts or grant agreements and performance goals are achieved. Assurance is ascertained that any subrecipient expending $750,000 or more in Federal awards during the subrecipient's fiscal year must meet the audit requirements of Uniform Grant Guidance (formerly OMB A-133). A management decision on audit findings must be issued within six months after receipt of the subrecipient's audit report and ensure that the subrecipient takes appropriate and timely corrective action. A determination is made as to whether subrecipient audits necessitate adjustment of the pass-through entity's own records. Each subrecipient is required to permit the pass-through entity and auditors to have access to the records and financial statements as necessary for the pass-through entity to comply with this part. POST-AWARD SUBRECIPIENT MONITORING: The Principal Investigator (PI) or Program Director (PD) is responsible for monitoring the activities. The subrecipient should submit progress reports, technical reports and other deliverables to the PI/PD by specified due dates. The PI/PD is responsible for forwarding copies of the subrecipient's report(s) to the Office of Sponsored Programs and Research (OSPR). Subrecipient invoices submitted to the university must contain the following information: invoice on subcontractor's letterhead, date of invoice, invoice number, period of performance covered by the invoice, itemized description of services and backup documentation, current period costs including cost sharing, cumulative project costs and subrecipient contact person with respect to invoice. Invoice must be signed by an authorized official of the subcontractor and must contain a certification that all payments requested are for appropriate purposes and in accordance with the agreements set forth in the application and award documents. The PI/PD is responsible for reviewing and approving invoices from subrecipient(s) for adherence to the budget and submitting invoices for payment in Smart Buy Plus. Grant Accounting will review the subrecipient's invoice(s) for the following: period of performance is within the contract period, appropriate invoice format and level of detail, signature by authorized subrecipient representatives, evidence of cost sharing, if applicable, and availability of funding. Grant Accounting is responsible for ensuring that subrecipients that expend $750,000 or more of Federal funds each fiscal year submit an Audit Certification Letter along with a copy of subrecipient's audited financial statements. The following is required to close out a subrecipient award: receipt of final invoice, receipt of cost share documentation, if applicable, time and effort certifications, final progress and technical reports, annual audit certification letter. Grant Accounting is responsible for tracking payments made to individuals or organizations and where payments are sent when outside of the US as required by the Schedules F and I - Form 990. EDUCATIONAL ASSISTANCE: Educational assistance is awarded based on financial need and merit. Need based assistance is awarded after review of the student's FAFSA, tax return information, W-2 statements, and other relevant financial documents. Students are required to maintain satisfactory academic progress in order to continue to be eligible for need based assistance. Students' Grade Point Averages and earned units are reviewed each academic year to ensure satisfactory academic progress is achieved. Merit based educational assistance is awarded to students via Committee. Students who are awarded merit based assistance are required to maintain satisfactory academic progress in accordance with the terms of the assistance received. Need and merit based educational assistance are funded directly to the student's accounts receivable balance to offset tuition, fees, and room and board. Any resulting refunds are issued to the student. Students are granted research awards by their academic departments and work with faculty advisors who monitor the research performed by the student. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | IRC SectionIRCSectionDesc |
|---|---|---|---|---|---|---|---|---|---|
| Public Consulting Group | |||||||||
| 148 State Street | 10th Floor | Boston | MA | 02109 | 042942913 | $1,265,239 | $0 | Employment training | |
| The University of Arizona | |||||||||
| University of Arizona | Tucson | AZ | 85721 | 742652689 | $413,221 | $0 | Research | 501c3 | |
| University of Illinois | |||||||||
| 420 NE Glen Oak Ave | Number 401 | Peoria | IL | 61603 | 376000511 | $207,275 | $0 | Research | 501c3 |
| Virginia Polytechnic Institute and State University | |||||||||
| 300 Turner Street | Blacksburg | VA | 24061 | 546001805 | $37,932 | $0 | Research | 501c3 | |
| University of California Santa Barbara | |||||||||
| UC Santa Barbara | Santa Barbara | CA | 93106 | 956006145 | $33,289 | $0 | Research | 501c3 | |
| Florida Atlantic University | |||||||||
| 777 Glades Rd | Boca Raton | FL | 33431 | 650385507 | $16,551 | $0 | Research | 501c3 | |
| Princeton University | |||||||||
| Princeton University | Princeton | NJ | 08544 | 210634501 | $6,496 | $0 | Research | 501c3 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (6 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|
| Undergraduate scholarships | 2105 | $51,213,777 | $0 |
| Graduate scholarships | 20 | $147,296 | $0 |
| Graduate remissions | 931 | $20,499,803 | $0 |
| Undergraduate remissions | 92 | $948,574 | $0 |
| Graduate awards | 213 | $835,854 | $0 |
| Undergraduate awards | 1472 | $1,623,406 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | PRE-AWARD SUBRECIPIENT MONITOR: Federal awards are identified by informing each subrecipient of CFDA title and number, award name and number, award year, and name of Federal agency. If any of this information is not available, the pass-through entity shall provide the best information available to describe the Federal award. The subrecipient is advised of requirements imposed by governing laws, regulations, and provisions of contracts or grant agreements and supplemental requirements imposed by the pass-through entity. The subrecipient's activities are monitored to ensure awards are used for authorized purposes in compliance with laws, regulations, and the provisions of contracts or grant agreements and performance goals are achieved. Assurance is ascertained that any subrecipient expending $750,000 or more in Federal awards during the subrecipient's fiscal year must meet the audit requirements of Uniform Grant Guidance (formerly OMB A-133). A management decision on audit findings must be issued within six months after receipt of the subrecipient's audit report and ensure that the subrecipient takes appropriate and timely corrective action. A determination is made as to whether subrecipient audits necessitate adjustment of the pass-through entity's own records. Each subrecipient is required to permit the pass-through entity and auditors to have access to the records and financial statements as necessary for the pass-through entity to comply with this part. POST-AWARD SUBRECIPIENT MONITORING: The Principal Investigator (PI) or Program Director (PD) is responsible for monitoring the activities. The subrecipient should submit progress reports, technical reports and other deliverables to the PI/PD by specified due dates. The PI/PD is responsible for forwarding copies of the subrecipient's report(s) to the Office of Sponsored Programs and Research (OSPR). Subrecipient invoices submitted to the university must contain the following information: invoice on subcontractor's letterhead, date of invoice, invoice number, period of performance covered by the invoice, itemized description of services and backup documentation, current period costs including cost sharing, cumulative project costs and subrecipient contact person with respect to invoice. Invoice must be signed by an authorized official of the subcontractor and must contain a certification that all payments requested are for appropriate purposes and in accordance with the agreements set forth in the application and award documents. The PI/PD is responsible for reviewing and approving invoices from subrecipient(s) for adherence to the budget and submitting invoices for payment in Smart Buy Plus. Grant Accounting will review the subrecipient's invoice(s) for the following: period of performance is within the contract period, appropriate invoice format and level of detail, signature by authorized subrecipient representatives, evidence of cost sharing, if applicable, and availability of funding. Grant Accounting is responsible for ensuring that subrecipients that expend $750,000 or more of Federal funds each fiscal year submit an Audit Certification Letter along with a copy of subrecipient's audited financial statements. The following is required to close out a subrecipient award: receipt of final invoice, receipt of cost share documentation, if applicable, time and effort certifications, final progress and technical reports, annual audit certification letter. Grant Accounting is responsible for tracking payments made to individuals or organizations and where payments are sent when outside of the US as required by the Schedules F and I - Form 990. EDUCATIONAL ASSISTANCE: Educational assistance is awarded based on financial need and merit. Need based assistance is awarded after review of the student's FAFSA, tax return information, W-2 statements, and other relevant financial documents. Students are required to maintain satisfactory academic progress in order to continue to be eligible for need based assistance. Students' Grade Point Averages and earned units are reviewed each academic year to ensure satisfactory academic progress is achieved. Merit based educational assistance is awarded to students via Committee. Students who are awarded merit based assistance are required to maintain satisfactory academic progress in accordance with the terms of the assistance received. Need and merit based educational assistance are funded directly to the student's accounts receivable balance to offset tuition, fees, and room and board. Any resulting refunds are issued to the student. Students are granted research awards by their academic departments and work with faculty advisors who monitor the research performed by the student. | 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 (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (20 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 | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| David Angel | ||||||||||||||
| Officer | $383,662 | $0 | $50,000 | $0 | $0 | $0 | $28,000 | $0 | $23,091 | $0 | $484,753 | $0 | $0 | $0 |
| Jeffrey Hite Gillooly | ||||||||||||||
| Key Employee | $322,704 | $0 | $2,000 | $0 | $0 | $0 | $28,000 | $0 | $20,057 | $0 | $372,761 | $0 | $0 | $0 |
| Davis Baird | ||||||||||||||
| Key Employee | $301,641 | $0 | $2,000 | $0 | $0 | $0 | $28,000 | $0 | $22,131 | $0 | $353,772 | $0 | $0 | $0 |
| Pennie Turgeon | ||||||||||||||
| Key Employee | $174,098 | $0 | $0 | $0 | $102,269 | $0 | $27,618 | $0 | $47,159 | $0 | $351,144 | $0 | $0 | $0 |
| John LaBrie | ||||||||||||||
| Key Employee | $240,627 | $0 | $50,000 | $0 | $0 | $0 | $25,418 | $0 | $29,442 | $0 | $345,487 | $0 | $0 | $0 |
| Ronald Eastman | ||||||||||||||
| Director of Clark Labs | $247,422 | $0 | $0 | $0 | $0 | $0 | $25,384 | $0 | $23,410 | $0 | $296,216 | $0 | $0 | $0 |
| Robert Johnston | ||||||||||||||
| Director of Marsh Institute & Prof | $219,337 | $0 | $0 | $0 | $0 | $0 | $19,138 | $0 | $20,263 | $0 | $258,738 | $0 | $0 | $0 |
| Priscilla Elsass | ||||||||||||||
| Associate Professor | $220,646 | $0 | $0 | $0 | $0 | $0 | $21,551 | $0 | $10,607 | $0 | $252,804 | $0 | $0 | $0 |
| Jonathan Kappel | ||||||||||||||
| Exec Director of Principal Gifts | $217,773 | $0 | $2,000 | $0 | $0 | $0 | $21,911 | $0 | $5,078 | $0 | $246,762 | $0 | $0 | $0 |
| Meredith Twombley | ||||||||||||||
| Key Employee | $197,312 | $0 | $2,000 | $0 | $0 | $0 | $20,223 | $0 | $22,131 | $0 | $241,666 | $0 | $0 | $0 |
| Julie Dolan | ||||||||||||||
| Officer | $193,862 | $0 | $15,000 | $0 | $0 | $0 | $16,154 | $0 | $13,183 | $0 | $238,199 | $0 | $0 | $0 |
| Paula David | ||||||||||||||
| Key Employee | $42,441 | $0 | $0 | $0 | $158,464 | $0 | $20,262 | $0 | $6,043 | $0 | $227,210 | $0 | $0 | $0 |
| Yuko Aoyama | ||||||||||||||
| Key Employee | $193,238 | $0 | $0 | $0 | $0 | $0 | $19,471 | $0 | $8,641 | $0 | $221,350 | $0 | $0 | $0 |
| Frances Magee | ||||||||||||||
| Key Employee | $178,431 | $0 | $2,000 | $0 | $0 | $0 | $18,090 | $0 | $10,330 | $0 | $208,851 | $0 | $0 | $0 |
| Joseph Kalinowski | ||||||||||||||
| Asst VP Info Tech | $176,388 | $0 | $2,000 | $0 | $0 | $0 | $16,708 | $0 | $1,512 | $0 | $196,608 | $0 | $0 | $0 |
| John Foley | ||||||||||||||
| Officer | $174,774 | $0 | $2,000 | $0 | $0 | $0 | $17,034 | $0 | $561 | $0 | $194,369 | $0 | $0 | $0 |
| Jim Collins | ||||||||||||||
| Officer | $170,883 | $0 | $2,000 | $0 | $0 | $0 | $15,908 | $0 | $2,700 | $0 | $191,491 | $0 | $0 | $0 |
| Nancy Budwig | ||||||||||||||
| Former Key Employee | $148,144 | $0 | $0 | $0 | $0 | $0 | $14,634 | $0 | $7,233 | $0 | $170,011 | $0 | $0 | $0 |
| Katherine Cannon | ||||||||||||||
| Officer | $147,697 | $0 | $2,000 | $0 | $0 | $0 | $14,523 | $0 | $1,678 | $0 | $165,898 | $0 | $0 | $0 |
| Matthew Malsky | ||||||||||||||
| Key Employee | $136,631 | $0 | $0 | $0 | $0 | $0 | $13,569 | $0 | $358 | $0 | $150,558 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a | Jocelyne Bauduy, wife of President David Angel, travels on bona fide business trips in her position as Special Assistant to the President. President David Angel is required to live in a house owned by the University. The value of the house is estimated to be $3,200 per month. No value was included in compensation. David Angel, Davis Baird, and Jeff Gillooly have memberships at The Worcester Club for the purpose of University related entertaining. |
| Schedule J, Part I, Line 3 | The University's Board of Trustees has formed an Executive Compensation Committee which is charged with establishing the President's compensation and approving the President's written employment contract. The Committee engages independent compensation consultants and reviews comparable industry data when determining the President's compensation. |
| Schedule J, Part I, Line 4 | Paula David received a severance payment of $160,297. In addition, the University contributed $16,030 to her 403b plan and an additional $3,304 toward her health insurance. Pennie Turgeon received a severance payment of $102,300 and a contribution of $10,200 to her 403b plan. |
| Schedule J, Part I, Line 7 | The University entered into a deferred compensation agreement with President David Angel. Payment to President Angel is at the discretion of the Board of Trustees and payable at the conclusion of six years from the date of the agreement. If the Board approves payment, the maximum amount attributable to FY20, would be $50k. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| Massachusetts Development Finance Agency | ||||||||
| A | 043431814 | 57583RUU7 | 2008-04-07 | $50,255,000 | See Part VI. | 0 | 0 | 0 |
| Massachusetts Development Finance Agency | ||||||||
| B | 043431814 | 57583UJY5 | 2011-12-01 | $20,098,799 | See Part VI. | 0 | 0 | 0 |
| Massachusetts Development Finance Agency | ||||||||
| C | 043431814 | PRIVATE00 | 2015-10-01 | $17,895,000 | See Part VI. | 0 | 0 | 0 |
| Massachusetts Development Finance Agency | ||||||||
| D | 043431814 | PRIVATE00 | 2020-04-03 | $10,750,000 | Refund MDFA11 (OID: 12/01/2011) | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 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 | $16,610,000 | $1,068,043 | $50,334,445 | $0 | $0 | $0 | $273,558 | $78,412 | $0 | $0 | $0 | $0 | 2009 | Yes (1) | 0 | Yes (1) | Yes (1) |
| B | $8,268,799 | $11,830,000 | $20,099,208 | $0 | $0 | $0 | $253,048 | $0 | $0 | $5,616,353 | $14,229,806 | $0 | 2013 | Yes (1) | 0 | Yes (1) | Yes (1) |
| C | $3,400,000 | $0 | $17,895,000 | $0 | $0 | $0 | $152,148 | $0 | $0 | $3,025,805 | $14,717,047 | $0 | 2017 | 0 | 0 | Yes (1) | Yes (1) |
| D | $0 | $0 | $10,750,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10,750,000 | $0 | 2020 | Yes (1) | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | 0 | 0 | 0.0023 | 0 | 0.0023 | Yes (1) | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) | |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) | |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Barclay's | ||||||||||||
| A | 0 | 0 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | 30 | 0 | 0 | 0 | 0 | 0 |
| (no name) | ||||||||||||
| B | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | |||
| (no name) | ||||||||||||
| C | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | |||
| (no name) | ||||||||||||
| D | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part I, Column f-04/07/2008 50,255,000 Massachusetts Development Finance Agency | Refund MDFA00 (OID: 11/2/00), Refund MDFA02A (OID: 11/26/2002), Refund MDFA02B (OID: 11/26/2002), Construct & equip library. |
| Schedule K, Part I, Column f-12/01/2011 20,098,799 Massachusetts Development Finance Agency | Refund MDFA98 (OID: 11/10/98 ), Finance the construction, renovation and/or equipping of certain facilities of the institution and to pay the costs of issuing the bonds. |
| Schedule K, Part I, Column f-10/01/2015 17,895,000 Massachusetts Development Finance Agency | Refund MDFA05 (OID: 11/03/2005 ), Capital repairs and improvements to the campus, acquisition of technology and data network equipment for use on campus, and payment of issuance costs. |
| Schedule K, Part IV, Line 2c-04/07/2008 50,255,000 Massachusetts Development Finance Agency | 4/7/2008 $50,255,000 Massachusetts Development Finance Agency - Clark has engaged AMTEC to perform the arbitrage rebate computations for MDFA series 2008. Their computations covered the period from April 7, 2008 thru April 7, 2020, with future valued to April 7, 2021 computation date. The report dated June 18, 2020 provided that the issue qualified for the Eighteen Month Spending Exception from rebate. |
| Schedule K, Part IV, Line 2c-12/01/2011 20,098,799 Massachusetts Development Finance Agency | 12/01/2011 $20,098,799 Massachusetts Development Finance Agency - Clark has engaged AMTEC to perform the arbitrage rebate computations for the MDFA Series 2011. Their computations covered the period from December 1, 2011 thru July 1, 2020, with no future value date as the bonds have been redeemed . The report, dated July 24, 2020 provided their calculation and conclusion that no rebate liability existed and reporting to the IRS was not required at this time. |
| Schedule K, Part IV, Line 2c-10/01/2015 17,895,000 Massachusetts Development Finance Agency | 10/01/2015 $17,895,000 Massachusetts Development Finance Agency - Clark has engaged AMTEC to perform the arbitrage rebate computations for the MDFA Series 2015. Their computations covered the period from August 27, 2015 thru August 27, 2020, with future valued to August 31, 2021. The report, dated September 23, 2020, provided their calculation and conclusion that no rebate liability existed and reporting to the IRS was not required at this time. |
| Schedule K, Part IV, Line 2c-04/03/2020 10,750,000 Massachusetts Development Finance Agency | 04/03/20 $10,750,000 Massachusetts Development Finance Agency - Clark has engaged AMTEC to perform the arbitrage rebate computations for the MDFA Series 2020. The first value report is scheduled for March 31, 2021. |
Schedule K IRS990ScheduleK
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Substantial Contributor | PersonNm |
| Relationship With Org | Substantial contributor, ownership interest in excess of 5% Public Consulting Group. | RelationshipWithOrgTxt |
| Cash Grant | $1,265,239 | CashGrantAmt |
| Type Of Assistance | PCG is subcontractor on grant from the Department of Labor | TypeOfAssistanceTxt |
| Assistance Purpose | Please see Part V | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (6 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Christopher Cannon | |||
| Employee is son of officer, K. Cannon | $34,970 | Compensation for position of custodian/utility | 0 |
| Jocelyne Bauduy | |||
| Employee is wife of the President | $28,012 | Compensation for position of Special Assistant to the President's Office. | 0 |
| Alyssa Spencer | |||
| Employee is the daughter of Trustee Vickie Ricardo | $40,112 | Compensation for the position of Assistant Director of Stewardship. | 0 |
| Eric Epstein | |||
| Trustee and Director Davidson Kempner | $60,000 | Clark had an investment in funds managed by Davidson Kempner that was fully redeemed as of July 24,2019. Clark paid management fees of approximately $60,000 to the partnership. | 0 |
| Jack Foley | |||
| Officer of Clark, Trustee of Jonas Realty Corp | $182,000 | Clark leases 939 Main Street from Related Organization Jonas Realty Corporation of which Jack Foley is a Trustee. The rental expense paid to Jonas Realty Corp in FY20 was $182,000. | 0 |
| Jack Foley | |||
| Officer of Clark, Treasurer and board member of the Community Development Corporation | $78,650 | Mr. Foley is Treasurer and a board member of the Community Development Corporation, to whom Clark has guaranteed a line of credit up to $500,000 related to restoration of the Main South neighborhood. The balance of the line of credit outstanding as of the end of FY20 was $78,650. | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part III | FormAndLineReferenceDesc |
| Explanation | Clark has entered into a subcontract agreement with Public Consulting Group to perform services and provide support for a federal grant from the Department of Labor. One of Clark's substantial contributors has an ownership interest in excess of 5% in PCG. The amount paid under the agreement for FY20 was $1,265,239 | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 23 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,256,393 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4a | In March 2020, the World Health Organization declared the outbreak of COVID-19 to be a global pandemic. At that time, the University moved to an online learning platform for the remainder of the academic year. All instruction and student support services were delivered remotely. |
| Form 990, Part III, Line 4d | In March 2020, the World Health Organization declared the outbreak of COVID-19 to be a global pandemic. At that time, housing and meal operations were significantly curtailed with the exception of those required to support a small number of international students who were unable to get home due to pandemic-related travel restrictions. |
| Form 990, Part VI, Section B, Line 11b | The Audit Committee of the Board of Trustees was authorized and requested to review the administration's draft responses to the Form 990. This was completed at the XX XX XXXX meeting of the committee. The Board has authorized submission to the Internal Revenue Service with the approval of the Audit Committee. In addition, a draft of the 990 is posted on the trustee web page and each member is notified of the opportunity to review before submission. |
| Form 990, Part VI, Section B, Line 12c | Each trustee, senior administrator, and faculty member is required to complete annually a conflict of interest disclosure form. Faculty forms are reviewed by the Grants Office within the Office of Academic Affairs. Trustees and senior administrators' disclosures are reviewed by the Assistant Secretary of the Corporation and the Executive Vice President, who is also the Treasurer of the Board of Trustees. |
| Form 990, Part VI, Section B, Line 15 | The University's Board of Trustees has formed an Executive Compensation Committee which is charged with establishing the President's compensation and approving the President's written employment contract. The Committee engages independent compensation consultants and reviews comparable industry data when determining the President's compensation. |
| Form 990, Part VI, Section C, Line 19 | Clark University's governing documents, conflict of interest policy and financial documents are all considered public documents. The governing documents, including the provisions of Jonas Clark's will, the by-laws of the University and the Articles of Incorporation are available for viewing in Goddard Library and are also publicly available as a result of several public debt issuances through the Massachusetts Development Finance Agency (MDFA). Financial statements are similarly available and are also posted on the University's website and through Guidestar. The conflict of interest policy is available upon request from the Board of Trustees and the Office of Sponsored Programs and Research. |
| Form 990, Part XI, Line 9 | Change in value of split interest agreement, -$342,174. Change in value of interest rate swap, -$976,070. Change in value of beneficial interest in outside trust, -$89,461. Student loan activity-net, $34,610. Change in post-retirement health obligation, $5,535. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jonas Realty Corp | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 950 Main Street | AddressLine1Txt |
| City | Worcester | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 475234687 | EIN |
| Primary Activities | Support the Trustees of Clark University and similar nonprofit entities under Section 501(c)(3). | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 11c III FI | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Trustees of Clark University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charitable Remainder Trust (19) | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 950 Main Street | AddressLine1Txt |
| City | Worcester | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Charitable Trust | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | T | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Jonas Realty Corp | ||
| d | $9,700,000 | Original principal on four loans. |
| Jonas Realty Corp | ||
| k | $182,000 | Negotiated rate - deemed fair market value. |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule R, Part V, Line 1l | FormAndLineReferenceDesc |
| Explanation | Clark performed accounting services for Jonas Realty Corporation. The amount of the transaction is below the reporting threshold for reporting on line 2. | ExplanationTxt |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Extension was necessary in order to compile all the necessary data to submit an accurate and complete filing | ExplanationTxt |