2020-07-24T09:14:32-07:00 2019-06-30 030310172 OBrien Shortle Reynolds & Sabotka PC 54 North Main Street Rutland VT 05701 990 2018-07-01 030214106 CORPORATION OF SOUTHERN VERMONT COLLEGE INC CORP 8024476310 982 Mansion Drive Bennington VT 05201 WENDY ZIEBA Controller 2020-07-24 true Karen A Bartlett P01305897 8027738344 2018 2020-09-23 17:36:50Z 982 Mansion Drive Bennington VT 05201 11814285 false false X svc.edu X 1929 VT Provide full-time and part-time post-secondary educational services 13 12 290 0 6413584 1540053 10921862 10251209 68419 23023 8823 0 17412688 11814285 3644003 3785792 0 6561827 6711468 0 117057 4700737 4680103 14906567 15177363 2506121 -3363078 19352077 16432321 7370588 7822666 11981489 8609655 X Provide full-time and part-time post-secondary educational services false true 11047856 Instruction - degree and non-degree programs: Approximately 400 students attended, including full time and part time. The College's Success Program served approximately 181 students. At Commencement in May of 2017, approximately 84 degrees were conferred. Institutional financial aid, funded both with College resources and temporarily restricted contributions, was awarded to over 372 students. 11047856 true true false false false false false false false false true false false false true false false false true false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false true 41 0 true 290 true false false false false false false false false 0 false false false false false false false false false false false false X 13 12 false false false false false false false true true false false true true true true true true true false false X WENDY ZIEBA 8024476310 982 Mansion Drive Bennington VT 05201 MARK MANLEY Trustee 1.00 0.00 X 0 0 0 DAVID NEWELL Trustee 1.00 0.00 X 0 0 0 JOHN BAACKES Trustee 1.00 0.00 X 0 0 0 TOBY POTTERTON Trustee 1.00 0.00 X 0 0 0 CAROL CONROY Trustee 1.00 0.00 X 0 0 0 SUSAN HUNTER VICE CHAIR 1.00 0.00 X 0 0 0 CARMEN J LAWRENCE Trustee 1.00 0.00 X 0 0 0 Alfredo Quinones-Hinojosa Trustee 1.00 0.00 X 0 0 0 Ira Wagner Chairman 3.00 0.00 X 0 0 0 Deborah Wiley Secretary 3.00 0.00 X 0 0 0 NICHOLAS PINCHUK Trustee 1.00 0.00 X 0 0 0 MARJORIE GREGG DEAN SWAIN Trustee 1.00 0.00 X 0 0 0 JENNIFER MACKSEY VP Admin & Fin 40.00 0.00 X 129211 0 0 DANIEL SUMMERS II VP ENROLL. MGMT 40.00 0.00 X 100000 0 0 NINA MOSER VP ADVANCEMENT 40.00 0.00 X 117057 0 0 DAVID EVANS President 40.00 0.00 X 206400 0 0 MARY BOTTER NURSING CHAIR 40.00 0.00 X 152203 0 0 704871 4 false true false SODEXO INC 1021367 1 517195 1022858 1540053 Auxilliary Enterprises 2058825 2058825 Program Support Revenue 26133 26133 Tuition & fees 8166251 8166251 10251209 23023 23023 0 0 0 0 0 0 0 0 11814285 10274232 0 3785792 3785792 0 0 552668 435611 117057 0 5052703 3385311 1667392 21728 14558 7170 584743 391778 192965 499626 334749 164877 0 0 0 0 0 3223 2159 1064 0 18538 12420 6118 340617 228213 112404 43009 28816 14193 0 553090 370570 182520 217943 146022 71921 0 39801 26667 13134 143765 96323 47442 0 550464 368810 181654 296316 198532 97784 CONTRACT SERVICES 2089831 1400187 689644 PROGRAM EXPENSES 101359 67911 33448 VEHICLE EXPENSES 95931 64274 31657 DUES AND SUBSCRIPTIONS 69447 46529 22918 116769 78235 38534 15177363 11047856 4012450 117057 366818 0 0 1450595 1329752 298207 155086 0 0 0 5210 5210 93897 8629 20515756 5798236 14895460 14717520 2015445 0 0 0 184702 174381 41743 41743 19352077 16432321 986859 767667 6176950 5917718 37256 915871 169523 221410 7370588 7822666 X 6571945 8609655 2899538 2510006 11981489 8609655 19352077 16432321 -3363078 -8756 X X false false true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 683000 683000 16102852 3485618 12617234 1216684 445342 771342 2150868 1821888 328980 362352 45388 316964 14717520 CASH OVERDRAFT 200953 Student deposits and deferred revenue 20457 221410 true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race true 0 0 Educational Institutional Aid 3785792 FMV Grantmaker's Description of How Grants are Used Financial Aid Office follows Dept. of Education and other applicable regulations, subject to yearly A133 audit. X false false false false false false false false false false DAVID EVANS President 206400 206400 MARY BOTTER NURSING CHAIR 152203 152203 A VEDA 036024497 2011-04-04 8500000 FOR BUILDINGS AND STRUCTURES false false A 8500000 170000 8287500 42500 false false true true Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services College closed due to loss of accreditation for lack of finances as a result of lack of enrollment. Form 990, Part VI, Line 11b: Form 990 Review Process As a result of the college's closure in May 2019, David Newell, SVC Board of Directors Chairman and Wendy Zieba, SVC Controller will review the final FY2019 990. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Officers and employees are asked to disclose any interests that could give rise to conflicts. Any conflicts that are disclosed are brought to the attention of Senior Leadership and/or the Chairman of the Board of Trustees. Any conflicts that are disclosed by members of the Board of Trustees are discussed by the Board to determine if a conflict exists and how to handle the conflict. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE BOARD OF TRUSTEES APPROVES THE SALARY FOR THE PRESIDENT. THE PRESIDENT APPROVES THE SALARY FOR ALL FACULTY AND STAFF. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Upon request Form 990, Part XII, Line 3: Explain Why No Required Audit Client chose not to perform the financial statement audit requirement of the Single Audit and opted to have a Program Specific Audit of their Title IV federal funds per the Cognizant Oversight Body Requirement instead.