BAY PATH UNIVERSITY: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- BAY PATH UNIVERSITY (EIN 04-2103865)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-05-05
- IRS object ID
- 202111259349302936
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-05T19:24:01-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043000523 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'CONNOR & DREW PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 BRAINTREE HILL OFC PK SUITE 102 | AddressLine1Txt |
| City | BRAINTREE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02184 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103865 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAY PATH UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BAYP | BusinessNameControlTxt |
| Phone | 4135651219 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 588 LONGMEADOW STREET | AddressLine1Txt |
| City | LONGMEADOW | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01106 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL GIAMPIETRO | PersonNm |
| Person Title | VP FINANCE & ADMIN SERVICES | PersonTitleTxt |
| Phone | 4135651219 | PhoneNum |
| Signature | 2021-05-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID A DIIULIS | PreparerPersonNm |
| PTIN | P00303577 | PTIN |
| Phone | 6174711120 | PhoneNum |
| Preparation | 2021-05-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL GIAMPIETRO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 588 LONGMEADOW STREET | AddressLine1Txt |
| City | LONGMEADOW | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $85,697,729 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BAYPATH.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | A BAY PATH UNIVERSITY EDUCATION EMPOWERS UNDERGRADUATE WOMEN AND GRADUATE WOMEN AND MEN TO BECOME LEADERS IN THEIR CAREERS AND COMMUNITIES WITH AN INNOVATIVE APPROACH TO LEARNING THAT PREPARES STUDENTS TO FLOURISH IN A CONSTANTLY CHANGING WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 35 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 1443 | TotalEmployeeCnt |
| Total Volunteers | 234 | TotalVolunteersCnt |
| Total Gross UBI | $261 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $2,929 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,273,462 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,226,327 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $65,401,792 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $62,561,894 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,024,928 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,843,646 | CYInvestmentIncomeAmt |
| PY Other Revenue | $705,666 | PYOtherRevenueAmt |
| CY Other Revenue | $1,044,244 | CYOtherRevenueAmt |
| PY Total Revenue | $70,405,848 | PYTotalRevenueAmt |
| CY Total Revenue | $71,676,111 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $12,224,447 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $13,281,801 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $35,099,237 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $35,798,407 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $917,455 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $21,745,998 | PYOtherExpensesAmt |
| CY Other Expenses | $19,552,421 | CYOtherExpensesAmt |
| PY Total Expenses | $69,069,682 | PYTotalExpensesAmt |
| CY Total Expenses | $68,632,629 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,336,166 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,043,482 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $116,527,042 | TotalAssetsBOYAmt |
| Total Assets EOY | $117,799,617 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $29,350,507 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $28,586,485 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $87,176,535 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $89,213,132 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | BAY PATH UNIVERSITY EDUCATION EMPOWERS UNDERGRADUATE WOMEN AND GRADUATE WOMEN AND MEN TO BECOME LEADERS IN THEIR CAREERS AND COMMUNITIES WITH AN INNOVATIVE APPROACH TO LEARNING THAT PREPARES STUDENTS TO FLOURISH IN A CONSTANTLY CHANGING WORLD. (SEE SCH O).THE BAY PATH EXPERIENCE IS NOTHING LESS THAN TRANSFORMATIONAL. OUR WOMEN-ONLY UNDERGRADUATE PROGRAMS AND OUR COEDUCATIONAL GRADUATE PROGRAMS ARE OFFERED BOTH ON-CAMPUS AND ONLINE, PROVIDING A FLEXIBLE, 21ST-CENTURY EDUCATION FOR LEARNERS AT ALL STAGES OF LIFE AND CAREER. BAY PATH STUDENTS FIND A SUPPORTIVE AND DIVERSE COMMUNITY, CLOSE MENTORING, AND RIGOROUS PREPARATION FOR SUCCESS IN A COMPLEX AND GLOBALLY INTERDEPENDENT SOCIETY. STUDENTS GRADUATE WITH THE APPLIED KNOWLEDGE, PORTABLE SKILLSET, AND CONFIDENCE TO THRIVE IN THEIR PROFESSIONS, IDENTIFY AND REALIZE THEIR DREAMS, AND MAKE A LASTING DIFFERENCE IN THE WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $57,158,404 | ExpenseAmt |
| Grant | $13,281,801 | GrantAmt |
| Revenue | $61,111,863 | RevenueAmt |
| Desc | THE UNIVERSITY PROVIDES INSTRUCTIONS, ACADEMIC SUPPORT, STUDENT SERVICES, AND STUDENT FINANCIAL AID TO CARRY OUT ITS EXEMPT PURPOSES, SERVING APPROXIMATELY 3,400 STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,521,529 | ExpenseAmt |
| Revenue | $2,387,579 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES PROVIDE SERVICES FOR THE CONVENIENCE OF THE STUDENTS, FACULTY, AND STAFF. THIS INCLUDES DINING SERVICES, STUDENT HOUSING, THE BOOKSTORE, AND OTHER MISCELLANEOUS SERVICES. THE UNIVERSITY SERVED APPROXIMATELY 3,400 STUDENTS, INCLUDING APPROXIMATELY 300 RESIDENT STUDENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $58,679,933 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | 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 | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | 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 | 0 | 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 | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 304 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1443 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| 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 | 35 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | 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 | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN O'ROURKE III | PersonNm |
| Phone | 4135651219 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 588 LONGMEADOW STREET | AddressLine1Txt |
| City | LONGMEADOW | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01106 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (47 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| TANIA M BARBER | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DELCIE D BEAN IV | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JONATHAN F BESSE | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERTA B BOLDUC | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CINDY M BURKE | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CARRIE BURR | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARY BUSHNELL | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARTIN M CAINE | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANN HAMMER | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN F HEAPS JR | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GEORGE KEADY | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ESTELA R LOPEZ PHD | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GRACE MAKARI-JUDSON MD | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHARLENE MAZER | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANGIE B MCGINNIS | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBYN A NEWHOUSE PHD | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LYNN PELLERANO | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PATRICIA J PIERCE | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LORI S ROOP | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARY-ANN SPENCER CFA | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD B STEELE | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| BRIAN TUOHEY | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| HAMLINE C WILSON | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANDREW LAM MD | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| KIRK ARNOLD | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LAMONT CLEMENS | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LAURA GRONDIN | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANDREA HILL-CATALDO | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEFANO MARTINI | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| WAYNE WEBSTER | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHELLE WIRTH | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DREW DAVIS | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PIA KUMAR | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RODGER METZGER | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEANETTE WELDON | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DR CAROL A LEARY | |||||||||
| PRESIDENT | 55.00 | $494,510 | $0 | $295,423 | Yes (X) | ||||
| MICHAEL GIAMPIETRO | |||||||||
| VP OF FINANCE & ADMIN SERV | 50.00 | $224,856 | $0 | $37,943 | Yes (X) | ||||
| KATHLEEN BOURQUE | |||||||||
| VP OF UNIVERSITY RELATIONS | 50.00 | $188,646 | $0 | $16,114 | Yes (X) | ||||
| MELISSA MORRISS-OLSEN | |||||||||
| PROVOST | 50.00 | $236,518 | $0 | $27,315 | Yes (X) | ||||
| AMANDA GOULD | |||||||||
| CHIEF ADMINISTRATIVE OFFICER | 50.00 | $200,514 | $0 | $18,406 | Yes (X) | ||||
| ELIZABETH FLEMING | |||||||||
| ASSOCIATE PROVOST & DEAN | 50.00 | $183,215 | $0 | $24,683 | Yes (X) | ||||
| CARON HOBIN | |||||||||
| VP FOR STRATEGIC ALLIANCES | 50.00 | $168,703 | $0 | $22,328 | Yes (X) | ||||
| ALLISON GEARING-KALILL | |||||||||
| VP OF DEV. & PLANNED GIVING | 50.00 | $160,373 | $0 | $33,029 | Yes (X) | ||||
| THOMAS LOPER | |||||||||
| ASSOCIATE PROVOST & DEAN | 50.00 | $167,677 | $0 | $15,823 | Yes (X) | ||||
| KATHLEEN HALPIN-ROBBINS | |||||||||
| ASST VP & DIRECTOR OF HR | 50.00 | $157,896 | $0 | $19,009 | Yes (X) | ||||
| NAFIE SABA SHAPAZIAN | |||||||||
| DIRECTOR OF HEALTHCARE REC | 0.00 | $224,753 | $0 | $23,588 | Yes (X) | ||||
| ANN DOBMEYER | |||||||||
| DEAN RESEARCH & ACADEM | 0.00 | $219,239 | $0 | $22,167 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,626,900 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $555,828 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 26 | 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 |
|---|---|---|---|---|---|
| ARAMARK SERVICES INC | |||||
| 1101 MARKET STREET | PHILADELPHIA | PA | 19107 | FOOD SERVICE | $1,253,171 |
| REACHLOCAL | |||||
| 745 BOYLSTON STREET 7TH FLOOR | BOSTON | MA | 02116 | ADVERTISEMENT | $1,119,625 |
| GOOGLE INC | |||||
| PO BOX 39000 | SAN FRANCISCO | CA | 94139 | ADVERTISEMENT | $965,405 |
| ENROLLMENT BUILDERS LLC | |||||
| 4862 HARTLAND PARKWAY | LEXINGTON | KY | 40515 | ADVERTISEMENT | $753,425 |
| LAMAR ADVERTISING | |||||
| 32 MIDLAND STREET | WINDSOR | CT | 06095 | ADVERTISEMENT | $540,781 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 26 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $195,225 | FundraisingAmt |
| Government Grants | $2,692,334 | GovernmentGrantsAmt |
| All Other Contributions | $3,338,768 | AllOtherContributionsAmt |
| Noncash Contributions | $146,135 | NoncashContributionsAmt |
| Total Contributions | $6,226,327 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611600 | $59,862,514 | $59,862,514 |
| RESIDENCE AND DINING | 611710 | $2,694,958 | $2,694,958 |
| THEATER DEPARTMENT | 711110 | $3,753 | $3,753 |
| WOMEN'S CONFERENCE | 611710 | $669 | $669 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $62,561,894 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,205,583 | TotalRevenueColumnAmt |
| Exclusion | $1,205,583 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $230,240 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $107,845 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $122,395 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $122,395 | TotalRevenueColumnAmt |
| Exclusion | $122,395 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $14,530,966 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,892,903 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $638,063 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $638,063 | TotalRevenueColumnAmt |
| Exclusion | $638,063 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $195,225 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $20,069 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$20,069 | TotalRevenueColumnAmt |
| Exclusion | -$20,069 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $4,930 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $801 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,129 | TotalRevenueColumnAmt |
| Exclusion | $4,129 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER | 900099 | $716,094 | $716,094 | |
| FOOD SERVICE | 624200 | $198,132 | $197,871 | $261 |
| BOOKSTORE | 451211 | $23,563 | $23,563 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $937,789 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $71,676,111 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $63,499,422 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $261 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,950,101 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,408 | TotalAmt |
| Program Services | $82,408 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,111,016 | TotalAmt |
| Program Services | $13,111,016 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,377 | TotalAmt |
| Program Services | $88,377 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,628,091 | TotalAmt |
| Program Services | $432,940 | ProgramServicesAmt |
| Management And General | $1,195,151 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,715,299 | TotalAmt |
| Program Services | $23,545,909 | ProgramServicesAmt |
| Management And General | $3,549,656 | ManagementAndGeneralAmt |
| Fundraising | $619,734 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,891,280 | TotalAmt |
| Program Services | $1,606,763 | ProgramServicesAmt |
| Management And General | $242,227 | ManagementAndGeneralAmt |
| Fundraising | $42,290 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,279,468 | TotalAmt |
| Program Services | $1,619,460 | ProgramServicesAmt |
| Management And General | $600,012 | ManagementAndGeneralAmt |
| Fundraising | $59,996 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,284,269 | TotalAmt |
| Program Services | $1,940,632 | ProgramServicesAmt |
| Management And General | $292,559 | ManagementAndGeneralAmt |
| Fundraising | $51,078 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,132 | TotalAmt |
| Management And General | $39,132 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,891 | TotalAmt |
| Management And General | $67,891 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,538,407 | TotalAmt |
| Program Services | $3,628,050 | ProgramServicesAmt |
| Management And General | $829,069 | ManagementAndGeneralAmt |
| Fundraising | $81,288 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,056,263 | TotalAmt |
| Program Services | $4,817,365 | ProgramServicesAmt |
| Management And General | $238,898 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,455,499 | TotalAmt |
| Program Services | $1,169,383 | ProgramServicesAmt |
| Management And General | $265,543 | ManagementAndGeneralAmt |
| Fundraising | $20,573 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $859,949 | TotalAmt |
| Program Services | $739,778 | ProgramServicesAmt |
| Management And General | $120,171 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,709,091 | TotalAmt |
| Program Services | $1,373,653 | ProgramServicesAmt |
| Management And General | $335,438 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,765 | TotalAmt |
| Program Services | $241,294 | ProgramServicesAmt |
| Management And General | $18,552 | ManagementAndGeneralAmt |
| Fundraising | $1,919 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,998 | TotalAmt |
| Program Services | $67,272 | ProgramServicesAmt |
| Management And General | $10,241 | ManagementAndGeneralAmt |
| Fundraising | $485 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $536,703 | TotalAmt |
| Management And General | $536,703 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,070,031 | TotalAmt |
| Program Services | $2,778,939 | ProgramServicesAmt |
| Management And General | $291,092 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $233,363 | TotalAmt |
| Management And General | $233,363 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT BOARD | $1,014,402 | $1,014,402 | ||
| ENTERTAINMENT | $290,964 | $200,777 | $51,224 | $38,963 |
| MEMBERSHIPS | $205,313 | $151,901 | $52,283 | $1,129 |
| MISCELLANEOUS | $135,650 | $69,614 | $66,036 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,632,629 | TotalAmt |
| Program Services | $58,679,933 | ProgramServicesAmt |
| Management And General | $9,035,241 | ManagementAndGeneralAmt |
| Fundraising | $917,455 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,559,123 | BOYAmt |
| EOY | $8,771,082 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,814 | BOYAmt |
| EOY | $2,217 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $212,342 | BOYAmt |
| EOY | $764,016 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,379,028 | BOYAmt |
| EOY | $3,421,253 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,381,851 | BOYAmt |
| EOY | $1,194,609 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,329,117 | BOYAmt |
| EOY | $1,183,952 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $87,650,715 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $51,685,344 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,185,333 | BOYAmt |
| EOY | $35,965,371 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,029,255 | BOYAmt |
| EOY | $56,070,715 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,444,179 | BOYAmt |
| EOY | $10,426,402 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,527,042 | BOYAmt |
| EOY | $117,799,617 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,384,126 | BOYAmt |
| EOY | $3,946,660 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $752,904 | BOYAmt |
| EOY | $752,904 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,649,941 | BOYAmt |
| EOY | $5,924,618 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,501,809 | BOYAmt |
| EOY | $15,887,745 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,863 | BOYAmt |
| EOY | $14,418 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,003,864 | BOYAmt |
| EOY | $2,060,140 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,350,507 | BOYAmt |
| EOY | $28,586,485 | 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 | $71,142,905 | BOYAmt |
| EOY | $71,576,780 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,033,630 | BOYAmt |
| EOY | $17,636,352 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,176,535 | BOYAmt |
| EOY | $89,213,132 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,527,042 | BOYAmt |
| EOY | $117,799,617 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,043,482 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,002,757 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$4,129 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 | $4,060,212 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,568,258 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,915,237 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,273,462 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,226,327 | CurrentTaxYearAmt |
| Total | $23,043,496 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,060,212 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,568,258 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,915,237 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,273,462 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,226,327 | CurrentTaxYearAmt |
| Total | $23,043,496 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $712,733 | SubstantialContributorsTotAmt |
| Public Support Total170 | $22,330,763 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $837,632 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,054,836 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,105,449 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,434,083 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,205,583 | CurrentTaxYearAmt |
| Total | $5,637,583 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,633 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,297 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,991 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,713 | CurrentTaxYearMinus1YearAmt |
| Total | $14,634 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,585 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,295 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,475 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,737 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,129 | CurrentTaxYearAmt |
| Total | $25,221 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $28,720,934 | TotalSupportAmt |
| Public Support CY170 | 0.77750 | PublicSupportCY170Pct |
| Public Support PY170 | 0.79490 | 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $53,589,753 | BeginningYearBalanceAmt |
| Contributions | $1,496,730 | ContributionsAmt |
| Investment Earnings Or Losses | $592,650 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $311,643 | GrantsOrScholarshipsAmt |
| Other Expenditures | $21,686 | OtherExpendituresAmt |
| End Year Balance | $55,345,804 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $50,579,337 | BeginningYearBalanceAmt |
| Contributions | $1,335,902 | ContributionsAmt |
| Investment Earnings Or Losses | $1,979,791 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $271,733 | GrantsOrScholarshipsAmt |
| Other Expenditures | $33,544 | OtherExpendituresAmt |
| End Year Balance | $53,589,753 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $46,320,446 | BeginningYearBalanceAmt |
| Contributions | $1,261,465 | ContributionsAmt |
| Investment Earnings Or Losses | $3,273,434 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $252,849 | GrantsOrScholarshipsAmt |
| Other Expenditures | $23,157 | OtherExpendituresAmt |
| End Year Balance | $50,579,339 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $40,824,792 | BeginningYearBalanceAmt |
| Contributions | $1,171,084 | ContributionsAmt |
| Investment Earnings Or Losses | $4,575,235 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $227,107 | GrantsOrScholarshipsAmt |
| Other Expenditures | $23,558 | OtherExpendituresAmt |
| End Year Balance | $46,320,446 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,457,507 | BeginningYearBalanceAmt |
| Contributions | $657,397 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,064,015 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $206,604 | GrantsOrScholarshipsAmt |
| Other Expenditures | $19,493 | OtherExpendituresAmt |
| End Year Balance | $40,824,792 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.74700 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.22450 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.02850 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,143,008 | OtherCostOrOtherBasisAmt |
| Book Value | $6,143,008 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $803,608 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $52,394,733 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,624,767 | DepreciationAmt |
| Book Value | $26,573,574 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,577,708 | OtherCostOrOtherBasisAmt |
| Depreciation | $567,055 | DepreciationAmt |
| Book Value | $1,010,653 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,760,271 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,317,572 | DepreciationAmt |
| Book Value | $1,442,699 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,971,387 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,175,950 | DepreciationAmt |
| Book Value | $795,437 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $35,965,371 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY | $5,067,478 | F |
| HEDGE FUNDS | $5,358,924 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $10,426,402 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER LONG TERM LIABILITIES | $1,923,310 |
| ANNUITY OBLIGATIONS | $136,830 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,060,140 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $58,719,684 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,002,756 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$13,199,393 | OtherRevenueAmt |
| Revenue Not Reported | -$14,202,149 | RevenueNotReportedAmt |
| Revenue Subtotal | $72,921,833 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$1,245,722 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$1,245,722 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $71,676,111 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $55,525,403 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $92,167 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $92,167 | ExpensesNotReportedAmt |
| Expenses Subtotal | $55,433,236 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $13,199,393 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $13,199,393 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $68,632,629 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE UNIVERSITY HOLDS DEPOSITS FROM STUDENTS AS SECURITY FOR RESIDENTIAL DORMITORY DAMAGE, AS WELL AS TUITION DEPOSITS. IN ADDITION, THE UNIVERSITY OWNS AND RENTS RESIDENTIAL PROPERTIES NEAR THE CAMPUS. THE TENANTS' SECURITY DEPOSITS ARE MAINTAINED IN ESCROW ACCOUNTS AT A LOCAL BANK. |
| PART X, LINE 2: | THE UNIVERSITY IS AN ORGANIZATION DESCRIBED UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS GENERALLY EXEMPT FROM INCOME TAXES UNDER SECTION 501(A) OF THE CODE AND APPLICABLE STATE LAWS. THE UNIVERSITY BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX PROVISIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SCHOLARSHIPS -13,199,393. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSE -72,098. FUNDRAISING EXPENSE -20,069. RAFFLE INCOME 4,129. NET RETURN ON INVESTMENTS -1,157,684. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL PROPERTY EXPENSE 72,098. FUNDRAISING EXPENSE 20,069. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 13,199,393. |
| SCHEDULE D, PART V, LINE 4 | THE UNIVERSITY'S ENDOWMENT FUND IS AN INVESTMENT PORTFOLIO COMPRISED OF DONOR-RESTRICTED(TRUE) AND BOARD-DESIGNATED(QUASI) ENDOWMENT FUNDS. THE INTENTIONS OF THE FUND ARE TO GENERATE A TOTAL RETURN THAT PRESERVES THE LONG-TERM REAL PURCHASING POWER OF THE ENDOWMENT FUNDS AND PROVIDES A RELATIVELY PREDICTABLE AND INCREASING REVENUE STREAM TO BE USED FOR DONOR-SPECIFIED AND BOARD-DESIGNATED PURPOSES THAT SUPPORT THE MISSIONS OF THE UNIVERSITY. FOR SCHEDULE D, UNIVERSITY CONTRIBUTIONS INCLUDE FUNDS TRANSFERRED FROM DONOR RESTRICTED FUNDS TO THE UNRESTRICTED QUASI-ENDOWMENT FUND TO SUPPORT THE DONOR-RESTRICTED SCHOLARSHIPS AWARDED DURING THE YEAR FROM LIQUID, UNRESTRICTED INVESTMENTS |
| SCHEDULE D, PART VI, LINE 1(B), COL(A) | INVESTMENTS IN DIRECT REAL ESTATE OF $803,608 ARE INCLUDED HERE. |
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 | PUBLICATIONS, APPLICATIONS, REGISTRATION FORMS, NEWSPAPER ADVERTISEMENTS, AND SUMMER PROGRAMS MAKE REFERENCE TO THE UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY. |
| SCHEDULE E, PART I, LINE 6 | ALL FEDERAL AND STATE FUNDS RECEIVED ARE EXPENDED ENTIRELY FOR STUDENT FINANCIAL AID IN ACCORDANCE WITH THE U.S. OFFICE OF MANAGEMENT AND BUDGET UNIFORM GUIDANCE FOR FEDERAL FUNDS, AND WITH SPECIFIC REQUIREMENTS APPLICABLE TO THE MASSACHUSETTS OFFICE OF STUDENT FINANCIAL ASSISTANCE PROGRAMS FOR STATE FUNDS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD | $19,700 |
| EUROPE | 0 | 0 | PROGRAM SERVICES | MARKETING SERVICES | $8,332 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | MARKETING SERVICES | $2,000 |
| RUSSIA/INDEPENDENT STATES | 0 | 0 | GRANTS TO RECEIPIENTS | $45,500 | |
| EAST ASIA AND THE PACIFIC | 0 | 0 | GRANTS TO RECEIPIENTS | $42,877 | |
| CENTRAL AMERICA/CARIBBEAN | 0 | 0 | INVESTMENTS | $5,358,924 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $5,477,333 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $5,477,333 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| EDUCATION | RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, | 3 | $45,500 | CREDIT AMOUNT |
| EDUCATION | EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | 4 | $42,877 | CREDIT AMOUNT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | Yes (1) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | ALL GRANTS AND ASSISTANCE TO INDIVIDUALS OUTSIDE OF THE UNITED STATES ARE GIVEN AS SCHOLARSHIPS TOWARDS TUITION FOR FOREIGN STUDENTS TO ATTEND BAY PATH UNIVERSITY. THESE SCHOLARSHIPS ARE MONITORED BY THE UNIVERSITY'S FINANCIAL AID STAFF BASED ON THE STUDENT'S MERIT AND NEED. |
| PART III ACCOUNTING METHOD: |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA (DINNER DANCE) | Event1Nm |
| Gross Receipts Event1 | $195,225 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $195,225 | CharitableContriEvent1Amt |
| Non Cash Prizes Event1 | $1,962 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $10,027 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $65 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $4,750 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $3,265 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $195,225 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $195,225 | CharitableContributionsTotAmt |
| Non Cash Prizes Total Events | $1,962 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $10,027 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $65 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $4,750 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $3,265 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $20,069 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$20,069 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|
| TOWN OF LONGMEADOWN | ||||||
| 20 WILLIAMS STREET | LONGMEADOW | MA | 01106 | 046001204 | $62,408 | PILOT PROGRAM, QUINT FIRE TRUCK, FIRE AND POLICE |
| TOWN OF EAST LONGMEADOW | ||||||
| 60 CENTER SQUARE | LONGMEADOW | MA | 01028 | 046001139 | $20,000 | PILOT PROGRAM AND FIRE AND POLICE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 2 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS AND AID TO STUDENTS | GrantTypeTxt |
| Recipient | 3314 | RecipientCnt |
| Cash Grant | $13,111,016 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990 SCHEDULE I PART (IV) | FormAndLineReferenceDesc |
| Explanation | BAY PATH UNIVERSITY RECEIVES GRANT MONEY FROM FEDERAL AND STATE GOVERNMENT AGENCIES FOR STUDENT FINANCIAL AID. THIS GRANT MONEY IS DISBURSED TO STUDENT ACCOUNTS AS IT IS RECEIVED BY THE UNIVERISITY. STUDENT AWARDS ARE BASED ON THE FEDERAL AND STATE GUIDELINES FOR EACH TYPE OF GRANT. GRANTS TO CHARITABLE ORGANIZATIONS ARE MADE IN ACCORDANCE WITH ESTABLISHED FINANCIAL POLICIES | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 (12 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR CAROL A LEARY | ||||||||||||||
| PRESIDENT | $490,373 | $0 | $0 | $0 | $4,137 | $0 | $250,000 | $0 | $45,423 | $0 | $789,933 | $0 | $0 | $0 |
| MICHAEL GIAMPIETRO | ||||||||||||||
| VP OF FINANCE & ADMIN SERV | $224,781 | $0 | $0 | $0 | $75 | $0 | $19,913 | $0 | $18,030 | $0 | $262,799 | $0 | $0 | $0 |
| KATHLEEN BOURQUE | ||||||||||||||
| VP OF UNIVERSITY RELATIONS | $188,571 | $0 | $0 | $0 | $75 | $0 | $16,114 | $0 | $0 | $0 | $204,760 | $0 | $0 | $0 |
| MELISSA MORRISS-OLSEN | ||||||||||||||
| PROVOST | $236,443 | $0 | $0 | $0 | $75 | $0 | $20,214 | $0 | $7,101 | $0 | $263,833 | $0 | $0 | $0 |
| AMANDA GOULD | ||||||||||||||
| CHIEF ADMINISTRATIVE OFFICER | $200,439 | $0 | $0 | $0 | $75 | $0 | $16,927 | $0 | $1,479 | $0 | $218,920 | $0 | $0 | $0 |
| ELIZABETH FLEMING | ||||||||||||||
| ASSOCIATE PROVOST & DEAN | $183,140 | $0 | $0 | $0 | $75 | $0 | $16,102 | $0 | $8,581 | $0 | $207,898 | $0 | $0 | $0 |
| CARON HOBIN | ||||||||||||||
| VP FOR STRATEGIC ALLIANCES | $168,628 | $0 | $0 | $0 | $75 | $0 | $15,227 | $0 | $7,101 | $0 | $191,031 | $0 | $0 | $0 |
| ALLISON GEARING-KALILL | ||||||||||||||
| VP OF DEV. & PLANNED GIVING | $160,298 | $0 | $0 | $0 | $75 | $0 | $14,850 | $0 | $18,179 | $0 | $193,402 | $0 | $0 | $0 |
| THOMAS LOPER | ||||||||||||||
| ASSOCIATE PROVOST & DEAN | $167,602 | $0 | $0 | $0 | $75 | $0 | $14,252 | $0 | $1,571 | $0 | $183,500 | $0 | $0 | $0 |
| KATHLEEN HALPIN-ROBBINS | ||||||||||||||
| ASST VP & DIRECTOR OF HR | $157,821 | $0 | $0 | $0 | $75 | $0 | $13,435 | $0 | $5,574 | $0 | $176,905 | $0 | $0 | $0 |
| NAFIE SABA SHAPAZIAN | ||||||||||||||
| DIRECTOR OF HEALTHCARE REC | $187,278 | $0 | $0 | $0 | $37,475 | $0 | $12,612 | $0 | $10,976 | $0 | $248,341 | $0 | $0 | $0 |
| ANN DOBMEYER | ||||||||||||||
| DEAN RESEARCH & ACADEM | $146,659 | $0 | $0 | $0 | $72,580 | $0 | $12,733 | $0 | $9,434 | $0 | $241,406 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE PRESIDENT'S EMPLOYMENT CONTRACT ALLOWS FOR SPOUSAL TRAVEL. THE TRAVEL IS ON A LIMITED BASIS AND TYPICALLY INVOLVES THE SPOUSE'S SERVICE AS A CHAPERONE ON THE ANNUAL HONORS STUDENTS' TRIP TO A WORLD CAPITAL. THE PRESIDENT RESIDES IN A UNIVERSITY-OWNED HOUSE NEAR THE CAMPUS AS REQUIRED IN HER CONTRACT. NUMEROUS FUNCTIONS TAKE PLACE AT THE PRESIDENT'S HOME IN SUPPORT OF THE UNIVERSITY'S MISSION. DONORS, FACULTY, STAFF, AND STUDENTS ARE WELCOMED THROUGHOUT THE YEAR. GIVEN THE VISIBILITY OF AND THE MANY EVENTS THAT TAKE PLACE AT THE PRESIDENT'S RESIDENCE, A UNIVERSITY EMPLOYEE CLEANS THE HOME AT VIRTUALLY NO EXTRA COST TO THE UNIVERSITY. THE AVAILABILITY AND APPROACHABILITY OF THE PRESIDENT IS A KEY ELEMENT TO INSTILLING THE SENSE OF COMMUNITY AND CARING THAT IS CENTRAL TO THE UNIVERSITY'S MISSION. THE VALUE OF THE PRESIDENT'S HOUSING IS $29,748 FOR THE YEAR AND IS INCLUDED IN HER SCHEDULE J,PART II, COLUMN (D) COMPENSATION. |
| PART I, LINE 4A | $37,475 OF SEVERANCE RECEIVED BY NAFIE SABA SHAPAZIAN. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY SERIES 2013 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 043431814 | BondIssuerEIN |
| Bond Issued | 2013-12-23 | BondIssuedDt |
| Issue Price | $19,500,000 | IssuePriceAmt |
| Purpose | CONSTRUCT/EQUIP/REFUND 2006 | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $3,505,742 | RetiredAmt |
| Total Proceeds | $19,500,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $100,000 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $12,108,657 | CapitalExpendituresAmt |
| Other Spent Proceeds | $6,734,874 | OtherSpentProceedsAmt |
| Unspent | $556,469 | UnspentAmt |
| Substantial Completion | 2014 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART II, LINE 11 | FormAndLineReferenceDesc |
| Explanation | 12/23/2013 $19,500,000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY OTHER SPENT PROCEEDS OF $6,734,874 REPRESENTS THE AMOUNT USED TO PAY OFF THE OUTSTANDING BALANCE OF A PRIOR BOND ISSUE. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $146,135 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY USED A THIRD PARTY TO SELL GIFTS OF STOCK. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | PRIOR TO THE FILING OF THE FORM 990, A COMPLETE COPY IS REVIEWED BY THE UNIVERSITY'S VICE PRESIDENT FOR FINANCE & ADMINISTRATIVE SERVICES, AS WELL AS THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. A PUBLIC DISCLOSURE COPY IS PROVIDED, VIA THE TRUSTEES INTERNET PORTAL, TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO THE FILING DATE. AT THE JUNE MEETING OF THE FULL BOARD OF TRUSTEES, THE AUDIT COMMITTEE CHAIRPERSON DELIVERS A SUMMARY REPORT OF THE FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | IN ACCORDANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY FOR TRUSTEES, AS CONTAINED IN THE BOARD OF TRUSTEES BYLAWS, ALL TRUSTEES AND OFFICERS ARE REQUIRED TO COMPLETE AT LEAST ANNUALLY A CONFLICT OF INTEREST QUESTIONNAIRE AND SUBMIT IT TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. ADDITIONALLY, ANY POTENTIAL CONFLICT OF INTEREST WHICH ARISES MID-TERM IS REQUIRED TO BE SUBMITTED TO THE AUDIT COMMITTEE AT THE EARLIEST PRACTICAL TIME. NO TRUSTEES OR OFFICER SHALL VOTE OR PARTICIPATE IN ANY DISCUSSION ON ANY MATTER UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH SUCH TRUSTEE OR OFFICER HAS A CONFLICT OF INTEREST. ANY TRUSTEE OR OFFICER WHO IS UNCERTAIN WHETHER HE/SHE HAS A CONFLICT OF INTEREST MAY REQUEST THE AUDIT COMMITTEE TO MAKE A DETERMINATION IN SUCH REGARD, AND THE AUDIT COMMITTEE MAY SEEK AN OPINION FROM COUNSEL FOR THE UNIVERSITY IN SUCH MATTER. THE UNIVERSITY ALSO REQUIRES ALL EMPLOYEES TO COMPLETE ANNUALLY A CONFLICT OF INTEREST DISCLOSURE FORM AND SUBMIT IT TO THEIR RESPECTIVE DIVISIONAL VICE PRESIDENT FOR REVIEW. IF AN EMPLOYEE DICLOSES ACTIVE OR INTENDED PARTICIPATION IN AN ACTIVITY THAT IS A POTENTIAL CONFLICT OF INTEREST, THE SUPERVISOR AND DIVISIONAL VICE PRESIDENT WILL EVALUATE THE DISCLOSURE TO DETERMINE THE APPROPRIATE ACTION TO BE TAKEN. THE EMPLOYEE MAY BE ASKED TO DISCONTINUE PARTICIPATION IN THE ACTIVITY IF IT IS DETERMINED TO BE A CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE HUMAN RESOURCES AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES HAS THE RESPONSIBILITY FOR REVIEWING AND RECOMMENDING THE UNIVERSITY PRESIDENT'S AND OFFICER'S/KEY EMPLOYEES' COMPENSATION TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE HUMAN RESOURCES AND COMPENSATION COMMITTEE CONSIDERS COMPARATIVE DATA GATHERED FROM PEER INSTITUTIONS BY AN EXECUTIVE COMPENSATION CONSULTING FIRM. THE COMMITTEE ALSO REVIEWS ACCOMPLISHMENTS IN COMPARISON TO PLANNED GOALS AND OBJECTIVES. THE EXECUTIVE COMMITTEE, COMPRISED OF INDEPENDENT BOARD OF TRUSTEE MEMBERS, APPROVES THE PRESIDENT'S AND OFFICER'S/KEY EMPLOYEES' COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE UNIVERSITY'S FORM 990 AND 990-T ARE AVAILABLE FOR PUBLIC INSPECTION AT THE OFFICE OF THE VICE PRESIDENT FOR FINANCE & ADMINISTRATIVE SERVICES UPON WRITTEN REQUEST. ADDITIONAL, THE UNIVERSITY'S FORM 990 AND MASSACHUSETTS PC, AS WELL AS AUDITED FINANCIAL STATEMENTS, ARE AVAILABLE ON THE WEBSITE OF THE MASSACHUSETTS ATTORNEY GENERAL'S OFFICE, PUBLIC CHARITIES DIVISION. AUDITED FINANICIAL STATEMENTS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. REQUESTS FOR COPIES OF BYLAWS, AND CONFLICT OF INTEREST POLICIES, ARE DIRECTED TO THE VICE PRESIDENT FOR FINANCE & ADMINISTRATIVE SERVICES FOR A RESPONSE. |
| FORM 990, PART XI, LINE 9: | RAFFLE NET INCOME -4,129. |
| PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| PART X, LINE 10 | INVESTMENTS IN DIRECT REAL ESTATE OF $803,608 ARE INCLUDED HERE. |