2020-04-01T11:15:40-05:00 2019-05-31 GRANT THORNTON LLP 75 State Street BOSTON MA 02109 990 2018-06-01 042199867 Curry College % DAVID ROSATI VP FINANCE & C CURR 6173332302 1071 BLUE HILL AVENUE MILTON MA 02186 DAVID ROSATI cfo 6173332302 2020-04-01 true ERIN COUTURE P01390592 6177237900 69.119.147.121 04586620200925000000 2020-04-01 P 7D14034AF515942D2ABE7F7E27EA16D2649DB046 A87539D75D44546F9E81755E19BD8DC508F41D5E 2018 2020-09-23 17:36:50Z Kenneth K Quigley Jr 1071 BLUE HILL AVENUE MILTON MA 02186 125622617 false X WWW.CURRY.EDU X 1879 MA TO EDUCATE AND GRADUATE STUDENTS PREPARED TO ENGAGE IN SUCCESSFUL CAREERS AND ACTIVE CITIZENSHIP WITH A GLOBAL PERSPECTIVE. 18 17 1741 95 0 0 2132670 731470 109789604 107289919 5364057 2440212 2695140 2208647 119981471 112670248 38142149 39355319 0 0 50294973 49410247 0 0 1130238 29896161 30506874 118333283 119272440 1648188 -6602192 243370166 230792405 94662726 91814830 148707440 138977575 X CURRY COLLEGE IS AN INCLUSIVE COMMUNITY OF DIVERSE LEARNERS AND EDUCATORS, COMMITTED TO CONTINUING OUR LEGACY OF DEVELOPING EFFECTIVE COMMUNICATORS WITH REFLECTIVE AND CRITICAL THINKING SKILLS. false false 70731610 39162778 85460203 INSTRUCTION - FOUNDED IN 1879, CURRY COLLEGE IS A 140 YEAR OLD PRIVATE, INDEPENDENT INSTITUTUTION GRANTING UNDERGRADUATE AND GRADUATE DEGREES TO A COMBINED ENROLLMENT OF APPROXIMATELY 3,300 FULL AND PART TIME STUDENTS. THE COLLEGE OFFERS 26 UNDERGRADUATE DEGREES AND FIVE MASTERS DEGREES. THE COLLEGE DRAWS ITS STUDENTS FROM 33 STATES AND 24 COUNTRIES. THE COMBINED FACULTY AND STAFF AT CURRY TOTAL APPROXIMATELY 824. 20518531 0 0 STUDENT SERVICES - CURRY COLLEGE OFFERS A WIDE VARIETY OF EXTRA AND CO-CURRICULAR ACTIVITIES. THESE INCLUDE 14 DIVISION III NCAA ATHLETIC TEAMS, INTRAMURAL SPORTS AND APPROXIMATELY 35 STUDENT CLUBS AND GROUPS. 12090710 0 21829716 AUXILIARY ENTERPRISES - CURRY COLLEGE PROVIDES HOUSING AND MEAL SERVICES TO STUDENTS. MORE THAN 1,399 STUDENTS RESIDE ON CAMPUS IN 18 DIFFERENT RESIDENCE HALLS. 6846790 192541 0 ACADEMIC SUPPORT 6846790 192541 0 110187641 true true false false false false false false false true true false false false true true true false true false true false true false true false false true true true true false false false false false false false false false false true false false false false false false false false true 3164 0 true 1741 true false false false false false true true false false false false false false X 18 17 false false false false false false false true true false false true true true true true true true true false MA X X DAVID ROSATI VP FINANCE C 6173332302 1071 BLUE HILL AVE MILTON MA 02186 W PATRICK HUGHES CHAIRPERSON 1.0 0.0 X X 0 0 0 KATHRYN M SARDELLA CHAIRPERSON 1.0 0.0 X X 0 0 0 DR JAMES M SULLIVAN TREASURER 1.0 0.0 X X 0 0 0 DR JOHN J SANTILLI CLERK 1.0 0.0 X X 0 0 0 ROBERT E BALLETTO TRUSTEE 1.0 0.0 X 0 0 0 HON ANTHONY M CAMPO ESQ TRUSTEE 1.0 0.0 X 0 0 0 DR RUTH ELLEN FITCH TRUSTEE 1.0 0.0 X 0 0 0 DAVID K HEMENWAY TRUSTEE 1.0 0.0 X 0 0 0 VINCENT J LOMBARDO TRUSTEE 1.0 0.0 X 0 0 0 JOHN T MAHONEY III ESQ TRUSTEE 1.0 0.0 X 0 0 0 DR JOYCE A MURPHY TRUSTEE 1.0 0.0 X 0 0 0 ROBERT M PLATT TRUSTEE 1.0 0.0 X 0 0 0 JOSEPH P PLUNKETT III TRUSTEE 1.0 0.0 X 0 0 0 Christine A Pulgini Esq TRUSTEE 1.0 0.0 X 0 0 0 MITCHELL I QUAIN TRUSTEE 1.0 0.0 X 0 0 0 THOMAS J QUINLAN III TRUSTEE 1.0 0.0 X 0 0 0 KENNETH WAGNER TRUSTEE 1.0 0.0 X 0 0 0 ANDREW B WRUBLIN TRUSTEE 1.0 0.0 X 0 0 0 KENNETH K QUIGLEY JR PRESIDENT 40.0 0.0 X X 461657 0 60881 David M Rosati VP OF FINANCE & CFO 40.0 0.0 X 323170 0 38947 DAVID SZCZERBACKI VP OF ACADEMIC AFFAIRS/PROVOST 40.0 0.0 X 255765 0 24260 Christopher M Lawson VP INST'L ADvncmt (thru 12/18) 40.0 0.0 X 232270 0 33225 Steven P Gunning PROFESSOR 40.0 0.0 X 205288 0 30670 Anthony J Fabrizio Jr PROFESSOR 40.0 0.0 X 197235 0 25619 Susan W Pennini VP OF INSTITUTIONAL PLANNING 40.0 0.0 X 191047 0 32025 silas n pearman professor 40.0 0.0 X 180861 0 26101 2047293 0 271728 90 false true false WINDOVER CONSTRUCTION 66 CHERRY HILL DRIVE BEVERLY MA 01915 CONSTRUCTION 13015671 sodexo inc and affiliates 9801 washington boulevard GAITHERSBURG MD 20878 food service 4909725 McGarr Service Corporation 233 NEEDHAM STREET NEWTON MA 02464 janitorial service 1879173 Royall and Company 1920 EAST PARHAM ROAD RICHMOND VA 23228 Enrollment Mgmt. 791555 5 Horizons digitial LLC 1017 Turnpike Street Suite 33 CANTON MA 02021 Marketing Print 440714 20 12000 3965 715505 140513 731470 TUITION AND FEES 900099 85460203 85460203 RESIDENCE HALLS 721000 12817778 12817778 MEAL PLANS 722320 8868203 8868203 BOOKSTORE 451211 143735 143735 107289919 2052889 2052889 27634 27634 0 0 0 0 13290045 12930356 359689 359689 359689 31430 12000 22013 9417 9417 0 0 0 0 0 0 DAYCARE 624410 818267 818267 SPORTS CAMP REVENUE 900099 549169 549169 FACILITIES REVENUE 900099 569494 569494 262300 262300 2199230 112670248 107289919 4648859 192541 192541 39120953 39120953 41825 41825 0 1071407 257464 813943 0 37644642 34625738 2646251 372653 2383245 2125635 234314 23296 5574863 4972266 548104 54493 2736090 2440341 269004 26745 0 157671 157671 110704 110704 0 0 365368 365368 1702943 1184287 220483 298173 1058272 1008865 27237 22170 3034772 2808507 195182 31083 1077217 1011767 63404 2046 4968 4968 5541358 4917151 557745 66462 711127 603087 94997 13043 0 1799104 1593009 139651 66444 2154704 1999607 98422 56675 0 6645862 6221099 333345 91418 533235 8814 524421 DINING 4323615 4323615 0 0 BAD DEBT EXPENSE 498065 498065 0 0 TEMP. EMPLOYMENT AGENCIES 337275 158535 178501 239 ALL OTHER EXPENSES 450614 69502 375814 5298 119272440 110187641 7954561 1130238 1831 1730 31532309 17948485 1562130 1168775 2428893 2034331 0 0 0 0 172762 145097 0 0 590499 615695 202547836 92267282 100737868 110280554 99689666 98597738 0 0 0 0 0 0 6654208 0 243370166 230792405 8786452 8741907 0 0 3397872 3670347 82323406 79239695 0 0 0 0 0 0 0 0 154996 162881 94662726 91814830 X 144132334 134548089 3058486 2768954 1516620 1660532 148707440 138977575 243370166 230792405 -6602192 -3127673 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100165348 349905 -1438322 120486 368421 98588024 103174746 641359 8916876 156466 12411167 100165348 95876423 584263 12189465 118325 5357080 103174746 94824961 2176608 -799812 86248 239086 95876423 90423929 705469 6154441 98723 2108983 95076133 0.95510 0.02810 0.01680 false false 2672481 2672481 135746092 55692077 80054015 361357 361125 232 32914202 29804904 3109298 30853704 6409176 24444528 110280554 0 GOVERNMENT ADVANCES - STUDENT 162881 162881 X 74728429 -3127673 4714000 1586327 73142102 365368 39162778 39528146 112670248 84458294 4714000 4714000 79744294 365368 39162778 39528146 119272440 SCHEDULE D, PART V, LINE 4 THE COLLEGE INTENDS TO USE ALL OF ITS ENDOWMENT FUNDS IN SUPPORT OF ITS EXEMPT PURPOSE. EXTERNALLY RESTRICTED FUNDS WILL BE USED IN A MANNER CONSISTENT WITH DONOR RESTRICTIONS, INCLUDING SCHOLARSHIPS, FACILITIES AND VARIOUS STUDENT SERVICES. THE SPECIFIC USE OF UNRESTRICTED FUNDS WILL BE AS APPROVED BY THE COLLEGE'S GOVERNING BOARD ON NEEDS IDENTIFIED AT THE TIME. SCHEDULE D, PART X, LINE 2 THE COLLEGE IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. ACCORDINGLY, IT IS GENERALLY NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. THE COLLEGE IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D AND PART XII, LINE 2D FOR PURPOSES OF 990 REPORTING, INCOME APPROPRIATED UNDER SPENDING POLICY OF $4,714,000 IS NOT INCLUDED ON THE STATEMENT OF REVENUES NOR THE STATEMENT OF FUNCTIONAL EXPENSES. SCHEDULE D, PART XI, LINE 4B AND PART XII, LINE 4B TOTAL REVENUE PER THE AUDITED FINANCIAL STATEMENTS IS PRESENTED NET OF INSTITUTIONAL SCHOLARSHIPS. FOR PURPOSES OF 990 REPORTING, TOTAL REVENUES AND EXPENSES ARE REPORTED GROSS. THEREFORE, A DIFFERENCE IS REFLECTED IN THE RECONCILIATION DUE TO INSTITUTIONAL SCHOLARSHIPS OF $39,162,778. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 CURRY COLLEGE IS AN INDEPENDENT NONSECTARIAN INSTITUTION THAT ADMITS STUDENTS WHO HAVE THE NECESSARY PREPARATION AND ACADEMIC BACKGROUND TO MEET THE REQUIREMENTS OF THE COLLEGE. NO STUDENT IS DENIED ADMISSION ON THE GROUNDS OF RACE, RELIGION, COLOR, SEX, AGE, ETHNIC OR NATIONAL ORIGIN OR ANCESTRY, PHYSICAL OR MENTAL DISABILITY, PREGNANCY, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, GENETIC INFORMATION, VETERAN OR MILITARY STATUS, MEMBERSHIP IN THE UNIFORMED SERVICES, OR ANY OTHER PROTECTED STATUS AND PROVIDED THAT HE OR SHE HAS THE NECESSARY PREPARATION AND ACADEMIC BACKGROUND. THIS INFORMATION IS PUBLISHED IN VARIOUS LITERATURE PROMOTING THE COLLEGE AND THE ANNUAL CURRY COLLEGE COURSE CATALOG. THE COLLEGE'S NONDISCRIMINATION POLICY CAN BE FOUND ON ITS WEBSITE AT WWW.CURRY.EDU. SCHEDULE E, PART I, LINE 6A CERTAIN STUDENTS OF THE COLLEGE RECEIVE FINANCIAL AID FROM THE STATE AND FEDERAL GOVERNMENTS IN THE FORM OF GRANTS AND LOANS UNDER THE FEDERAL PELL GRANT, WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM, FEDERAL WORK-STUDY, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT, FEDERAL PERKINS LOAN PROGRAM, AND TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION (TEACH) GRANT. true Europe (Including Iceland and Greenland) 0 0 Program Services Study Abroad 27100 Europe (Including Iceland and Greenland) 0 0 Grantmaking Scholarships 41825 0 0 0 0 68925 68925 Curry Scholarships Europe (Including Iceland and Greenland) 3 41825 part V false false false false false false SCHEDULE F, PART I, LINE 2 THE COLLEGE MAINTAINS A COMPUTERIZED SYSTEM WITH INTEGRATED CONTROLS TO ENSURE THAT SCHOLARSHIPS AWARDS ARE MADE IN ACCORDANCE WITH ESTABLISHED CRITERIA AS APPROVED BY SENIOR MANAGEMENT AND FEDERAL AND STATE AUTHORITIES, AS APPROPRIATE. A SERIES OF REPORTS HAVE BEEN DEVELOPED AND ARE USED BY MANAGEMENT TO IDENTIFY AND ADDRESS ANY EXCEPTIONS. ANNUALLY, THE COLLEGE'S FINANCIAL AID COMPLIANCE WITH FEDERAL GUIDELINES IS AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. THE COLLEGE ISSUES SCHOLARSHIPS TO STUDENTS WHO ARE REQUIRED TO MATRICULATE AT THE COLLEGE. THE STUDENT DOES NOT HAVE ANY DISCRETION ON HOW FUNDS ARE USED; ALL FUNDS ARE USED TO DEFRAY THE COSTS OF PARTICIPATING IN THE PROGRAM, THEREFORE, THE COLLEGE IS NOT REQUIRED TO FURTHER MONITOR THE USE OF THE FUNDS. SCHEDULE F, PART III, COLUMN (E) SCHOLARSHIP FUNDS ARE APPLIED DIRECTLY AGAINST STUDENTS' ACCOUNT BALANCES AND PAID DIRECTLY TO PARTICIPATING STUDY ABROAD PROGRAMS. NO CASH IS PROVIDED DIRECTLY TO THE STUDENTS. football golf 18870 6450 12420 8875 800 hockey golf 24560 5550 19010 10888 1450 0 43430 12000 31430 19763 2250 22013 9417 true Town of Milton 525 Canton Ave Milton MA 02186 046001228 GOV'T 100000 Milton Pilot Cape Cod Baseball League PO Box 266 Harwichport MA 02646 042687718 501(C)(3) 30000 Sponsorship Milton Library Foundation PO Box 314 Milton MA 02186 043614024 501(C)(3) 15000 Sponsorship Rodman Ride for Kids 10 Lincoln Road Foxboro MA 02035 043329283 501(C)(3) 22500 Sponsorship Milton Foundation for Education PO Box 223 Milton MA 02186 043307338 501(C)(3) 10000 Sponsorship Milton High School Boosters 25 Gile Road Milton MA 02186 465437759 501(C)(3) 7500 Sponsorship New England Council Inc 98 N Washington St Boston MA 02114 041661090 501(C)(6) 7500 Sponsorship 6 1 Curry College Institutional Scholarship 2350 38206363 Stipends 91 682007 Tuition Discounts 101 232583 Schedule I, Part I, Line 2 PROCESS FOR MONITORING GRANTS TO INDIVIDUALS THE COLLEGE MAINTAINS A COMPUTERIZED SYSTEM WITH INTEGRATED CONTROLS TO ENSURE THAT SCHOLARSHIPS AWARDS ARE MADE IN ACCORDANCE WITH ESTABLISHED CRITERIA AS APPROVED BY SENIOR MANAGEMENT AND FEDERAL AND STATE AUTHORITIES, AS APPROPRIATE. A SERIES OF REPORTS HAVE BEEN DEVELOPED AND ARE USED BY MANAGEMENT TO IDENTIFY AND ADDRESS ANY EXCEPTIONS. ANNUALLY, THE COLLEGES FINANCIAL AID COMPLIANCE WITH FEDERAL GUIDELINES IS AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. THE COLLEGE ISSUES SCHOLARSHIPS TO STUDENTS WHO ARE REQUIRED TO MATRICULATE AT THE COLLEGE. THE STUDENT DOES NOT HAVE ANY DISCRETION ON HOW FUNDS ARE USED; ALL FUNDS ARE USED TO DEFRAY THE COSTS OF PARTICIPATING IN THIS PROGRAM, THEREFORE, THE COLLEGE IS NOT REQUIRED TO FURTHER MONITOR THE USE OF THE FUNDS. PROCESS FOR MONITORING GRANTS TO ORGANIZATIONS GRANTS AND OTHER ASSISTANCE TO GOVERNMENTS AND ORGANIZATIONS IN THE UNITED STATES ARE REVIEWED AND APPROVED BY THE COLLEGE'S PRESIDENT AND CHIEF FINANCIAL OFFICER. IN EACH CASE, THE COLLEGE IS AWARE OF THE CHARITABLE USE OF THE FUNDS, WHICH IS TYPICALLY FOR THE GENERAL PURSUIT OF THE RECEIVING ORGANIZATION'S EXEMPT PURPOSES AND NOT EARMARKED FOR A SPECIFIC USE. THE COLLEGE BELIEVES IN EACH INSTANCE THAT THESE FORMS OF ASSISTANCE ARE IN THE COLLEGE'S BEST INTEREST IN PROMOTING ITS IMAGE AND THE PURSUIT OF ITS EXEMPT PURPOSE. X X X X false true X X X X X false false false false false false false false false David M Rosati VP OF FINANCE & CFO 309614 0 0 0 13556 0 22015 0 16932 0 362117 0 0 0 DAVID SZCZERBACKI VP OF ACADEMIC AFFAIRS/PROVOST 253479 0 0 0 2286 0 15392 0 8868 0 280025 0 0 0 Christopher M Lawson VP INST'L ADvncmt (thru 12/18) 221233 0 0 0 11037 0 15896 0 17329 0 265495 0 0 0 Steven P Gunning PROFESSOR 186044 0 0 0 19244 0 12262 0 18408 0 235958 0 0 0 Anthony J Fabrizio Jr PROFESSOR 196461 0 0 0 774 0 7207 0 18412 0 222854 0 0 0 Susan W Pennini VP OF INSTITUTIONAL PLANNING 189859 0 0 0 1188 0 13544 0 18481 0 223072 0 0 0 KENNETH K QUIGLEY JR PRESIDENT 447924 0 0 0 13733 0 19012 0 41869 0 522538 0 0 0 silas n pearman professor 180447 0 0 0 414 0 17005 0 9096 0 206962 0 0 0 SCHEDULE J, PART I, LINE 1A HOUSING ALLOWANCE/PERSONAL SERVICES The President is required to live on campus as a condition of employment for the convenience of the College. The value of the residence is included on Schedule J, Part II, Column (D) as a nontaxable benefit. A portion of the housekeeping and insurance associated the personal use of the residence is treated as taxable and is included on Schedule J, Part II, Column (b)(iii). TAX INDEMNIFICATION AND GROSS-UP PAYMENTS THE COLLEGE PROVIDES TAX INDEMNIFICATION AND GROSS-UP PAYMENTS RELATED TO THE PERSONAL USE OF COLLEGE PROVIDED VEHICLES FOR THE VP OF INSTITUTIONAL ADVANCEMENT, DEAN OF STUDENTS, VP OF FINANCE & CFO, AND THE DEAN OF ADMISSIONS. THIS BENEFIT IS ALSO PROVIDED TO ADMISSIONS COUNSELORS. THIS BENEFIT WAS TREATED AS TAXABLE COMPENSATION FOR THESE LISTED INDIVIDUALS AND IS REPORTED ON PART II COLUMN (B)(III). SOCIAL CLUB DUES THE COLLEGE PROVIDES ITS VP FOR INSTITUTIONAL ADVANCEMENT WITH MEMBERSHIP TO A SOCIAL CLUB WHICH IS USED SOLELY FOR BUSINESS PURPOSES FOR FUNDRAISING ACTIVITY. THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION FOR THIS INDIVIDUAL. SCHEDULE J, PART I, LINE 1B THE COLLEGE REIMBURSES ALL EMPLOYEES, INCLUDING ITS OFFICERS, KEY EMPLOYEES, AND SENIOR LEVEL STAFF FOR EXPENSES INCURRED WHILE CONDUCTING BUSINESS OF THE COLLEGE. REIMBURSEMENTS FOR OFFICERS, KEY EMPLOYEES, AND SENIOR LEVEL STAFF ARE REVIEWED BY THE CFO AND/OR PRESIDENT, AS APPROPRIATE. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2013-12-20 42000000 SEE DESCRIPTION IN PART VI false false false B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2015-01-30 15350000 SEE DESCRIPTION IN PART VI false false false C MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2016-03-21 27700418 SEE DESCRIPTION IN PART VI false false false D MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2016-06-14 9799582 SEE DESCRIPTION IN PART VI false false false A 9495000 0 42150123 0 0 0 429290 0 0 18091109 23629724 0 2016 true false true true B 2885317 0 15350000 0 0 0 140960 0 0 0 15209040 0 2008 true false true true C 1857572 0 27700418 0 0 0 165473 0 0 0 27534945 0 2008 true false true true D 701900 0 10025612 0 0 0 67253 0 0 9985359 0 0 2019 false false true true A false true true true false 0.04420 0.04420 false false false true B false true true true false 0.01150 0.01150 false false false true C false true false false 0 false false false true D false true false false 0 false false false true A false false false true true false 0 0 false true B false true false false true false 0 0 false true C false true false false true false 0 0 false true D false true false false true false 0 0 false true A true B true C true D true SCHEDULE K, PART I, LINE A, COLUMN F BONDS WERE ISSUED TO REFUND THE COLLEGE'S OUTSTANDING 1999, 2000 AND 2003 SERIES DEBT. IN ADDITION, A PORTION OF BOND PROCEEDS WERE USED TO CONSTRUCT A RESIDENCE HALL, RENOVATE AN EXISTING PROPERTY, AND OTHER CAPITAL IMPROVEMENTS. SCHEDULE K, PART I, LINE B, COLUMN F BONDS WERE ISSUED TO REFUND THE COLLEGE'S OUTSTANDING 2005 SERIES DEBT. SCHEDULE K, PART I, LINE C, COLUMN F BONDS WERE ISSUED TO REFUND THE COLLEGE'S OUTSTANDING 2006 SERIES DEBT. ADDITIONALLY, BONDS PROCEEDS WERE USED TO DEMOLISH AN EXISTING STUDENT CENTER AND CONSTRUCT A NEW STUDENT CENTER, CONSTRUCTION OF A NEW ACADEMIC BUILDING, AND EXPANSION AND RENOVATION OF AN EXISTING ADMINISTRATIVE OFFICE BUILDING. SCHEDULE K, PART I, LINE D, COLUMN F BONDS WERE ISSUED FOR THE PURPOSES OF CONSTRUCTING A NEW ACADEMIC BUILDING AND RENOVATION OF AN EXISTING ACADEMIC BUILDING. SCHEDULE K, PART II, LINE 3, COLUMNS A & D Total proceeds are higher for Bond A and D than the amount listed in Part I due to interest earned on proceeds. SCHEDULE K, PART III, LINE 4, COLUMNS A, B, C THE COLLEGE HAS ESTABLISHED PROCEDURES TO MONITOR PRIVATE BUSINESS USE ARRANGEMENTS PERTAINING TO ALL FACILITIES IT HAS FINANCED OR REFINANCED WITH TAX-EXEMPT BONDS, AND THE COLLEGE MONITORS ALL SUCH USES ON AN ANNUAL OR MORE FREQUENT BASIS. THE MONITORING IS INTENDED TO ENSURE THAT OVER THE TERM TO MATURITY OF EACH SUCH BOND ISSUE, THE COLLEGE WILL NOT EXCEED THE AGGREGATE PRIVATE BUSINESS USE LIMITATION APPLICABLE TO ANY ISSUE. SCHEDULE K, PART IV, LINE 2C, COLUMN A THE COLLEGE PERFORMED A REBATE COMPUTATION ON THE 2013 SERIES TAX-EXEMPT BOND. THE MOST RECENT COMPUTATIONS WERE PERFORMED AS OF 12/20/16. X 5 140513 FMV false true false Form 990, Schedule M, Part I, Column B The college is reporting the number of contributions received. FORM 990, PART III, LINE 4D ACADEMIC SUPPORT - CURRY COLLEGE ACADEMICALLY SUPPORTS STUDENTS WITH OUR ACADEMIC ENRICHMENT CENTER AND CAMPUS LIBRARY. Form 990, Part V, Line 1A The number from 2018 Form 1096 Box 3 includes 3,023 Forms 1098-T. FORM 990, PART VI, LINE 11B THE FORM 990 WAS PREPARED BY THE COLLEGE'S INDEPENDENT TAX FIRM WITH INFORMATION PROVIDED BY MANAGEMENT AND REVIEWED BY THE CHIEF FINANCIAL OFFICER, THE DIRECTOR OF FINANCE, AND THE CONTROLLER. A COMPLETE COPY OF THE 990 WAS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO THE FORM 990 BEING SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, LINE 12C THE COLLEGE HAS TWO CONFLICT OF INTEREST POLICIES, ONE THAT COVERS ALL BOARD MEMBERS AND A SECOND THAT COVERS ALL EMPLOYEES. BOTH POLICIES ARE UNDER THE OVERSIGHT OF THE BOARD OF TRUSTEES. THE COLLEGE DISTRIBUTES AN ANNUAL QUESTIONNAIRE TO BE COMPLETED BY OFFICERS AND THE BOARD OF TRUSTEES. THE CFO AND/OR PRESIDENT REVIEW POTENTIAL CONFLICTS OF INTEREST BY EMPLOYEES AND ALL NON-INTERESTED TRUSTEES REVIEW POTENTIAL CONFLICTS OF INTEREST BY TRUSTEES. THE PERSON WITH THE POTENTIAL CONFLICT WOULD PROVIDE INFORMATION TO THE BOARD OR CFO/PRESIDENT AS APPLICABLE. IN THE CASE OF TRUSTEES WITH A POTENTIAL CONFLICT OF INTEREST, THEY WOULD LEAVE THE BOARD MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT WHICH RESULTED IN THE CONFLICT. FORM 990, PART VI, LINES 15A & 15B Curry College maintains a compensation policy which covers all employees. When determining initial salaries, the following are considered: level of essential functions and responsibilities, required education, skills and relevant experience, both internal and external equity and budgeted amount. In reviewing salaries of existing employees, additional considerations include a substantial and permanent change in job duties, the change involves increase levels of responsibilities in terms of decision-making and problem solving, job complexity and/or additional knowledge and skills required. Changes to a position can occur as the result of organizational changes, both internal and external equity and availability of budgeted funds. The Office of Human Resources regularly reviews the external market to ensure the College is compensating positions competitively. Market data comes from a variety of generally accepted benchmarking sources. In addition, research is conducted on hiring ranges for appropriate matches at local and other higher education institutions. Different aspects of data are collected depending on the position being reviewed in order to ensure an appropriate compensation comparison. The compensation of the President is reviewed and approved by the Board of Trustees and there is contemporaneous documentation of the deliberation and decision. FORM 990, PART VI, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST.