BELOIT COLLEGE: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- BELOIT COLLEGE (EIN 39-0808497)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-04-02
- IRS object ID
- 201900929349300910
- Schema version
- 2017v2.3
- 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 I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-04-02T17:42:52-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 LAKESIDE AVE SUITE 200 | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 441141152 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390808497 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BELOIT COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BELO | BusinessNameControlTxt |
| Phone | 6083632250 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 COLLEGE ST | AddressLine1Txt |
| City | BELOIT | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53511 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STACIE T SCOTT | PersonNm |
| Person Title | TREAS./VP FINANCE & PLANNING | PersonTitleTxt |
| Phone | 6083632250 | PhoneNum |
| Signature | 2019-03-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ZACHARY FORTSCH | PreparerPersonNm |
| PTIN | P00052725 | PTIN |
| Phone | 2165231900 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 108.171.131.189 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-03-18 | IPDt |
| IP Tm | 12:49:11 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 427CB1DADF79ACA5E606B9DCEDE89A8A32B67430 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 562A18F8DC23C297E42EF16009230818801A988B | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR H SCOTT BIERMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 COLLEGE ST | AddressLine1Txt |
| City | BELOIT | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53511 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $168,653,185 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BELOIT.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1846 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | BELOIT COLLEGE IS A RESIDENTIAL, INDEPENDENT, NATIONAL LIBERAL ARTS COLLEGE AND WISCONSIN'S OLDEST CONTINUOUS INSTITUTION OF HIGHER LEARNING. THE COLLEGE IS A NATIONAL LEADER IN DELIVERING A RIGOROUS, TIME-TESTED LIBERAL ARTS EXPERIENCE THAT STUDENTS ARE REQUIRED TO APPLY AND TEST IN THEIR CHOSEN FIELDS OF STUDY, LOCAL COMMUNITY, SOCIAL ORGANIZATIONS AND AROUND THE WORLD. THE COLLEGE'S COMMITMENT TO ITS STUDENTS, FACULTY, STAFF, NAMESAKE CITY AND WORLD ARE CALLED OUT IN ITS MISSION STATEMENT, A STUDENT-RATIFIED STATEMENT OF CULTURE, AS WELL AS ITS PUBLIC COMMITMENTS TO INCLUSIVITY AND DIVERSITY, ACCESS, AND THE PUBLIC GOOD. TO LEARN MORE ABOUT BELOIT, VISIT WWW.BELOIT.EDU/MOREBELOIT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 1598 | TotalEmployeeCnt |
| Total Volunteers | 192 | TotalVolunteersCnt |
| Total Gross UBI | $76,291 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $18,938,022 | PYContributionsGrantsAmt |
| CY Contributions Grants | $18,501,057 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $69,587,945 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $70,553,902 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,612,819 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,555,490 | CYInvestmentIncomeAmt |
| PY Other Revenue | $794,303 | PYOtherRevenueAmt |
| CY Other Revenue | -$536,878 | CYOtherRevenueAmt |
| PY Total Revenue | $93,933,089 | PYTotalRevenueAmt |
| CY Total Revenue | $104,073,571 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $34,302,136 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $36,645,953 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $31,403,100 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $31,162,540 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,190,199 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $23,417,001 | PYOtherExpensesAmt |
| CY Other Expenses | $21,512,116 | CYOtherExpensesAmt |
| PY Total Expenses | $89,122,237 | PYTotalExpensesAmt |
| CY Total Expenses | $89,320,609 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,810,852 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $14,752,962 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $248,744,463 | TotalAssetsBOYAmt |
| Total Assets EOY | $255,528,681 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $73,602,893 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $69,474,615 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $175,141,570 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $186,054,066 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE OBELOIT COLLEGE ENGAGES THE INTELLIGENCE, IMAGINATION, AND CURIOSITY OF ITS STUDENTS, EMPOWERING THEM TO LEAD FULFILLING LIVES MARKED BY HIGH ACHIEVEMENT, PERSONAL RESPONSIBILITY, AND PUBLIC CONTRIBUTION IN A DIVERSE SOCIETY. OUR EMPHASIS ON INTERNATIONAL AND INTERDISCIPLINARY PERSPECTIVES, THE INTEGRATION OF KNOWLEDGE WITH EXPERIENCE, AND CLOSE COLLABORATION AMONG PEERS, PROFESSORS, AND STAFF EQUIPS OUR STUDENTS TO APPROACH THE COMPLEX PROBLEMS OF THE WORLD ETHICALLY AND THOUGHTFULLY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $75,715,635 | ExpenseAmt |
| Grant | $36,645,953 | GrantAmt |
| Revenue | $70,553,902 | RevenueAmt |
| Desc | ACADEMIC AND STUDENT PROGRAM: BELOIT COLLEGE, A LIBERAL ARTS COLLEGE FOUNDED ON THE WISCONSIN FRONTIER IN 1846, WAS BORN OUT OF A BELIEF THAT A PARTICULAR BRAND OF EDUCATION COULD ENERGIZE AND TRANSFORM LIVES, AND BY EXTENSION, THE WORLD. BELOIT CONTINUES TO BELIEVE THIS AND DELIVERS IT THROUGH A "LIBERAL ARTS IN PRACTICE" CURRICULUM THAT ENGAGES STUDENTS IN AN EXPLORATION OF IDEAS, COMPELS STUDENTS TO DEEPLY KNOW THEIR SUBJECTS, AND REQUIRES THEM TO DEMONSTRATE THAT THEY DO. THAT FOCUS, ON PROVIDING A RIGOROUS AND REWARDING EDUCATION AND PREPARATION HAS LONG SET THE COLLEGE AND ITS GRADUATES APART. (SEE SCHEDULE O FOR CONTINUATION)HAILED AS ONE OF 40 "COLLEGES THAT CHANGE LIVES" BY FORMER NEW YORK TIMES EDUCATION EDITOR LOREN POPE, BELOIT OFFERS STUDENTS ACCESS TO MORE THAN 50 ACADEMIC PROGRAMS, 100 PLUS STUDENT CLUBS, 17 VARSITY SPORTS, AND COUNTLESS OTHER OPPORTUNITIES THAT RANGE FROM HANDS-ON FIELD AND INTERNSHIP EXPERIENCES BOTH LOCALLY AND GLOBALLY, TO COLLEGE-FUNDED STUDENT BUSINESS STARTUPS.DURING THE 2017-18 ACADEMIC YEAR, THE COLLEGE SERVED 1,324 STUDENTS, FROM 33 COUNTRIES, 37 STATES, AND THE DISTRICT OF COLUMBIA. THE COLLEGE OFFERED COURSES IN FALL, SPRING, AND SUMMER SESSIONS AND PROVIDED EDUCATIONAL SERVICES BOTH DOMESTICALLY AND THROUGH STUDY ABROAD PROGRAMS. THE COLLEGE GRADUATED 276 STUDENTS DURING THE YEAR, WHILE PROVIDING FINANCIAL ASSISTANCE TO 98 PERCENT OF DEGREE-SEEKING STUDENTS.ENROLLMENT AND DEVELOPMENT: DURING THE 2017-18 RECRUITMENT CYCLE, THE COLLEGE RECEIVED 4,235 APPLICATIONS TO JOIN THE CLASS OF 2022 - THE SECOND LARGEST NUMBER OF APPLICATIONS IN COLLEGE HISTORY. 323 FIRST-YEAR STUDENTS JOINED THE COLLEGE IN THE FALL OF 2017.OVER THE LAST EIGHT YEARS, GIVING FOR BUDGET-RELIEVING PURPOSES HAS RANGED FROM $2.3 MILLION TO A HIGH OF $3.8 MILLION, ANNUALLY. OVERALL FUNDRAISING, BUOYED BY THE SUCCESS OF THE POWERHOUSE PROJECT, ENDED THE 2017-18 YEAR AT $19.1 MILLION. THE 2017-2018 DOLLARS RAISED INCLUDED $2.8 MILLION FOR UNRESTRICTED (BUDGET-RELIEVING) DOLLARS AND TOTAL GIVING OF $15.5 MILLION.THE COLLEGE CONTINUES TO RECEIVE RECOGNITION FROM EXTERNAL EVALUATORS AND PEERS ACROSS THE COUNTRY FOR THE QUALITY OF ITS UNDERGRADUATE TEACHING, CURRICULAR INNOVATIONS, ENTREPRENEURIAL AND STUDY ABROAD PROGRAMS, AND MORE. THESE REPUTATIONAL MEASURES, WHICH REFLECT THE COLLEGE'S INCREASING VISIBILITY, INCLUDE LANDING ON THE U.S. NEWS & WORLD REPORT SHORT LISTS OF "MOST INNOVATIVE" SCHOOLS WITH "BEST UNDERGRADUATE TEACHING, AND THE "MOST INTERNATIONAL STUDENTS." U.S. NEWS & WORLD REPORT RANKS BELOIT COLLEGE NATIONALLY AT #76 AMONG LIBERAL ARTS COLLEGES. | Desc |
| Total Program Service Expenses | $75,715,635 | 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 | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| 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 | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | 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 | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1836 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1598 | 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 | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | IT | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | 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 | 0 | 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 | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STACIE T SCOTT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6083632250 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 COLLEGE ST | AddressLine1Txt |
| City | BELOIT | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53511 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| MR CHRISTOPHER D BARTOL | |||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MR ISAAC BAMGBOSE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR OSCAR E CARDONA JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DONALD P CARSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR PETER CHATILOVICZ | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR STEVEN H COHEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR MICHAEL D DOYLE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS KARLA B MAGANA FIGUEROA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS JO FROMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS DIANE HENDRICKS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR GREG L HOPPER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR PHEE BOON KANG | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DONALD P KENT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS JOANNA M KUTTER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR STEPHEN H MAHLE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS CECILY MAJERUS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR JONATHAN P MASON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR HAROLD F MAYER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR CHARLES P MCQUAID | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS JUDITH A MILLER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DICK NIEMIEC | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR THOMAS J O'NEILL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR JAMES L PACKARD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS SUDHA PAVULURI QUAMME MD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS MARGARET L ROBINSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR JAMES R SANGER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR ROBERT G SHAW | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR THOMAS S WALCOTT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS NINA V WEISSBERG | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DON J WYATT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR ROBERT H YOUNG | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR H SCOTT BIERMAN | |||||||
| PRESIDENT | 40.00 | Yes (X) | $470,548 | $0 | $111,609 | ||
| DR ANN C DAVIES | |||||||
| PROVOST & DEAN OF THE COLLEGE | 40.00 | Yes (X) | $176,074 | $0 | $25,950 | ||
| DR CHRISTINA P KLAWITTER | |||||||
| DEAN OF STUDENTS | 40.00 | Yes (X) | $168,226 | $0 | $40,206 | ||
| DR ROBERT MIRABILE | |||||||
| VICE PRESIDENT OF ENROLLMENT | 40.00 | Yes (X) | $210,660 | $0 | $41,629 | ||
| MS BETH MONTEIRO JD | |||||||
| VP OF DEVELOPMENT & ALUMNI RELATIONS | 40.00 | Yes (X) | $196,259 | $0 | $40,098 | ||
| MR DANIEL SCHOOFF | |||||||
| SECRETARY/CHIEF OF STAFF | 40.00 | Yes (X) | $152,176 | $0 | $27,781 | ||
| MS STACIE T SCOTT | |||||||
| TREAS/VP FIN & PLAN | 40.00 | Yes (X) | $201,148 | $0 | $18,838 | ||
| MS LORI RHEAD | |||||||
| VP OF HR & OPERATIONS | 40.00 | Yes (X) | $154,164 | $0 | $35,292 | ||
| MR TIMOTHY P JONES | |||||||
| CHIEF COMMUNICATIONS & MARKETING OFFICER | 40.00 | $123,852 | $0 | $28,064 | Yes (X) | ||
| DR PAMELA MCQUESTEN | |||||||
| CHIEF INFORMATION OFFICER | 40.00 | $152,176 | $0 | $35,565 | Yes (X) | ||
| DR RANJAN ROY | |||||||
| PROFESSOR OF MATH & COMPUTER SCIENCE | 40.00 | $114,132 | $0 | $27,318 | Yes (X) | ||
| DR KEN YASUKAWA | |||||||
| PROFESSOR OF BIOLOGY | 40.00 | $113,938 | $0 | $10,700 | Yes (X) | ||
| DR SUSAN K SWANSON | |||||||
| PROFESSOR OF GEOLOGY | 40.00 | $110,544 | $0 | $9,748 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,343,897 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $452,798 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | 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 |
|---|---|---|---|---|---|
| BON APPETIT | |||||
| PO BOX 91337 | CHICAGO | IL | 60693 | FOOD SERVICES | $3,518,556 |
| STUDIO GANG ARCHITECTS LTD | |||||
| 1520 W DIVISION STREET | CHICAGO | IL | 60642 | CONSTRUCTION SERVICES | $1,976,707 |
| CORPORATE CONTRACTORS INC | |||||
| 3800 GATEWAY BOULEVARD NO 200 | BELOIT | WI | 53511 | CONSTRUCTION SERVICES | $603,333 |
| ASSOCIATED COLLEGES OF THE MIDWEST | |||||
| 11 E ADAMS STREET SUITE 800 | CHICAGO | IL | 60603 | EDUCATIONAL SERVICES | $303,502 |
| FURMAN BROS LANDSCAPING | |||||
| 13447 E LAKE SHORE ROAD | CLINTON | WI | 53525 | MAINTENANCE SERVICES | $282,926 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 19 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,609,850 | GovernmentGrantsAmt |
| All Other Contributions | $16,891,207 | AllOtherContributionsAmt |
| Noncash Contributions | $2,066,111 | NoncashContributionsAmt |
| Total Contributions | $18,501,057 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 812900 | $61,084,974 | $61,084,974 |
| ROOM, BOARD, & OTHER | 812900 | $9,468,928 | $9,468,928 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $70,553,902 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,186,733 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $14,792 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,171,941 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $75,948,371 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $64,579,614 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,368,757 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,368,757 | TotalRevenueColumnAmt |
| Exclusion | $11,368,757 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| CONFERENCES | 721000 | $61,499 | $61,499 | |
| LOSS FROM SUBSIDIARIES | 900099 | -$1,542,799 | -$1,542,799 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $944,422 | TotalRevenueColumnAmt |
| Exclusion | $944,422 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$536,878 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $104,073,571 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $70,553,902 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $76,291 | UnrelatedBusinessRevenueAmt |
| Exclusion | $14,942,321 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,593,831 | TotalAmt |
| Program Services | $34,593,831 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,052,122 | TotalAmt |
| Program Services | $2,052,122 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,357,360 | TotalAmt |
| Program Services | $662,745 | ProgramServicesAmt |
| Management And General | $1,458,258 | ManagementAndGeneralAmt |
| Fundraising | $236,357 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,439,856 | TotalAmt |
| Program Services | $17,097,980 | ProgramServicesAmt |
| Management And General | $3,204,665 | ManagementAndGeneralAmt |
| Fundraising | $1,137,211 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,612,202 | TotalAmt |
| Program Services | $1,194,964 | ProgramServicesAmt |
| Management And General | $313,295 | ManagementAndGeneralAmt |
| Fundraising | $103,943 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,961,420 | TotalAmt |
| Program Services | $2,839,828 | ProgramServicesAmt |
| Management And General | $938,561 | ManagementAndGeneralAmt |
| Fundraising | $183,031 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,791,702 | TotalAmt |
| Program Services | $1,311,937 | ProgramServicesAmt |
| Management And General | $382,275 | ManagementAndGeneralAmt |
| Fundraising | $97,490 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,365 | TotalAmt |
| Program Services | $14,909 | ProgramServicesAmt |
| Management And General | $101,240 | ManagementAndGeneralAmt |
| Fundraising | $3,216 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,604 | TotalAmt |
| Management And General | $132,604 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $569,142 | TotalAmt |
| Management And General | $569,142 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,369,825 | TotalAmt |
| Program Services | $2,568,198 | ProgramServicesAmt |
| Management And General | $714,371 | ManagementAndGeneralAmt |
| Fundraising | $87,256 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,575 | TotalAmt |
| Program Services | $30,269 | ProgramServicesAmt |
| Management And General | $7,306 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,117,647 | TotalAmt |
| Program Services | $1,365,500 | ProgramServicesAmt |
| Management And General | $572,579 | ManagementAndGeneralAmt |
| Fundraising | $179,568 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $254,474 | TotalAmt |
| Program Services | $140,968 | ProgramServicesAmt |
| Management And General | $113,247 | ManagementAndGeneralAmt |
| Fundraising | $259 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,337 | TotalAmt |
| Program Services | $1,337 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,475,370 | TotalAmt |
| Program Services | $1,475,370 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,402,085 | TotalAmt |
| Program Services | $1,206,034 | ProgramServicesAmt |
| Management And General | $135,491 | ManagementAndGeneralAmt |
| Fundraising | $60,560 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $434,830 | TotalAmt |
| Program Services | $374,756 | ProgramServicesAmt |
| Management And General | $49,414 | ManagementAndGeneralAmt |
| Fundraising | $10,660 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,375,224 | TotalAmt |
| Program Services | $1,281,525 | ProgramServicesAmt |
| Management And General | $93,699 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,705,420 | TotalAmt |
| Program Services | $2,836,496 | ProgramServicesAmt |
| Management And General | $868,924 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $217,579 | TotalAmt |
| Program Services | $2,121 | ProgramServicesAmt |
| Management And General | $212,458 | ManagementAndGeneralAmt |
| Fundraising | $3,000 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD SERVICE | $3,529,166 | $3,432,336 | $53,980 | $42,850 |
| REPAIRS & MAINTENANCE | $1,392,083 | $156,530 | $1,235,553 | |
| COLLECTIONS | $562,946 | $562,927 | $19 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $815,444 | TotalAmt |
| Program Services | $512,952 | ProgramServicesAmt |
| Management And General | $257,694 | ManagementAndGeneralAmt |
| Fundraising | $44,798 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,320,609 | TotalAmt |
| Program Services | $75,715,635 | ProgramServicesAmt |
| Management And General | $11,414,775 | ManagementAndGeneralAmt |
| Fundraising | $2,190,199 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $188,311 | BOYAmt |
| EOY | $144,927 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,558,150 | BOYAmt |
| EOY | $12,795,779 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,903,229 | BOYAmt |
| EOY | $8,157,374 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,071,389 | BOYAmt |
| EOY | $1,472,243 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,207,842 | BOYAmt |
| EOY | $15,483,435 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,909 | BOYAmt |
| EOY | $19,248 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,433 | BOYAmt |
| EOY | $378,366 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $139,206,678 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $75,429,777 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,291,340 | BOYAmt |
| EOY | $63,776,901 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,552,398 | BOYAmt |
| EOY | $130,727,651 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,799,447 | BOYAmt |
| EOY | $18,504,430 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,900 | BOYAmt |
| EOY | $16,300 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,853,115 | BOYAmt |
| EOY | $4,052,027 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $248,744,463 | BOYAmt |
| EOY | $255,528,681 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,591,264 | BOYAmt |
| EOY | $3,008,754 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,772,812 | BOYAmt |
| EOY | $1,525,959 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,718,524 | BOYAmt |
| EOY | $53,812,864 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,520,293 | BOYAmt |
| EOY | $11,127,038 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,602,893 | BOYAmt |
| EOY | $69,474,615 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,029,329 | BOYAmt |
| EOY | $41,477,634 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,936,939 | BOYAmt |
| EOY | $53,203,979 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,175,302 | BOYAmt |
| EOY | $91,372,453 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $175,141,570 | BOYAmt |
| EOY | $186,054,066 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $248,744,463 | BOYAmt |
| EOY | $255,528,681 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $14,752,962 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$5,505,942 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,665,475 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,250,419 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,497,877 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,968,357 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,938,022 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,501,057 | CurrentTaxYearAmt |
| Total | $77,155,732 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,250,419 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,497,877 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,968,357 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,938,022 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,501,057 | CurrentTaxYearAmt |
| Total | $77,155,732 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,853,053 | SubstantialContributorsTotAmt |
| Public Support Total170 | $74,302,679 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,688,789 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,497,735 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,796,078 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,894,646 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,186,733 | CurrentTaxYearAmt |
| Total | $26,063,981 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $59,685 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $42,948 | CurrentTaxYearAmt |
| Total | $102,633 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,076,107 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $973,232 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $300,139 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $731,100 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $944,422 | CurrentTaxYearAmt |
| Total | $4,025,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $107,347,346 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $320,689,310 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.69220 | PublicSupportCY170Pct |
| Public Support PY170 | 0.69830 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINES 2 AND 7 AND PART II | FormAndLineReferenceDesc |
| Explanation | ON THIS RETURN THE COLLEGE IS USING THE SPECIAL RULE FOR SCHEDULE B THAT LIMITS THE DONOR DISCLOSURE TO CONTRIBUTIONS GREATER THAN 2% OF TOTAL CONTRIBUTION REVENUE FOR THE TAX YEAR. AN ORGANIZATION USING THE SPECIAL RULE FOR SCHEDULE B IS REQUIRED TO COMPLETE THE PUBLIC SUPPORT TEST IN PART II OF FORM 990, SCHEDULE A IN ORDER TO DEMONSTRATE THAT THE ORGANIZATION MEETS THE PUBLIC SUPPORT THRESHOLD. IN ADDITION TO COMPLETING THE PUBLIC SUPPORT TEST IN PART II OF SCHEDULE A, AN ORGANIZATION USING THE SCHEDULE B SPECIAL RULE IS REQUIRED TO CHECK BOX 7 IN PART I OF SCHEDULE A TO REPORT ITS PUBLIC CHARITY STATUS UNDER SECTION 509(A)(1) OF THE CODE. THEREFORE THE COLLEGE IS NO LONGER IDENTIFYING ITSELF AS A SCHOOL BY CHECKING BOX 2 IN PART I OF SCHEDULE A. THIS DOES NOT AFFECT THE COLLEGE'S ORIGINAL PUBLIC CHARITY CLASSIFICATION AS A SCHOOL AND THE COLLEGE CONTINUES TO FILE SCHEDULE E AS REQUIRED. | ExplanationTxt |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $722,579 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $159,514,047 | BeginningYearBalanceAmt |
| Contributions | $1,211,309 | ContributionsAmt |
| Investment Earnings Or Losses | $10,010,843 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,803,326 | OtherExpendituresAmt |
| End Year Balance | $160,932,873 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $145,155,229 | BeginningYearBalanceAmt |
| Contributions | $3,658,287 | ContributionsAmt |
| Investment Earnings Or Losses | $18,262,968 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $7,562,437 | OtherExpendituresAmt |
| End Year Balance | $159,514,047 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $145,348,605 | BeginningYearBalanceAmt |
| Contributions | $10,612,177 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,506,129 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $7,299,424 | OtherExpendituresAmt |
| End Year Balance | $145,155,229 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $154,496,618 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$9,148,013 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $145,348,605 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $142,277,624 | BeginningYearBalanceAmt |
| Contributions | $7,116,112 | ContributionsAmt |
| Investment Earnings Or Losses | $11,644,597 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,428,798 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,112,917 | OtherExpendituresAmt |
| End Year Balance | $154,496,618 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.32020 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.53550 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.14430 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,907,266 | OtherCostOrOtherBasisAmt |
| Book Value | $1,907,266 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $117,204,229 | OtherCostOrOtherBasisAmt |
| Depreciation | $61,077,244 | DepreciationAmt |
| Book Value | $56,126,985 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $75,744 | OtherCostOrOtherBasisAmt |
| Depreciation | $75,744 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,830,775 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,647,415 | DepreciationAmt |
| Book Value | $1,183,360 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,188,664 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,629,374 | DepreciationAmt |
| Book Value | $4,559,290 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $63,776,901 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALTERNATIVE INVESTMENTS | Desc |
| Book Value | $18,504,430 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $18,504,430 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| STUDENT DEPOSITS AND DEFERRED GRANT REVENUE | $490,893 |
| ANNUITIES PAYABLE | $3,649,938 |
| SWAP LIABILITY | $5,057,023 |
| REFUNDABLE ADVANCES | $1,773,389 |
| OTHER LIABILITIES | $155,795 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $11,127,038 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $63,680,807 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$5,505,942 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,759,130 | OtherRevenueAmt |
| Revenue Not Reported | -$3,746,812 | RevenueNotReportedAmt |
| Revenue Subtotal | $67,427,619 | RevenueSubtotalAmt |
| Other Revenues Not Included | $36,645,953 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $36,645,953 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $104,073,572 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $52,768,311 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $93,655 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $93,655 | ExpensesNotReportedAmt |
| Expenses Subtotal | $52,674,656 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $36,645,953 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $36,645,953 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $89,320,609 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE COLLEGE MAINTAINS AN ANTHROPOLOGICAL MUSEUM AND AN ART MUSEUM. THE COLLECTIONS ARE DISPLAYED FOR PUBLIC VIEWING. HOWEVER, SPACE LIMITATIONS REQUIRE THAT ONLY PORTIONS OF THE COLLECTION ARE DISPLAYED AT A GIVEN TIME. THE COLLECTIONS AND THEIR PRESERVATION ARE USED IN THE CLASSROOM SETTING FOR INSTRUCTIONAL PURPOSES IN AREAS OF STUDY SUCH AS ANTHROPOLOGY, ART AND MUSEUM STUDIES. |
| PART V, LINE 4: | THE PURPOSE OF THE COLLEGE'S ENDOWMENT FUND IS TO PROVIDE A CONTINUOUS SOURCE OF FUNDING TO SUPPORT THE MISSION OF THE INSTITUTION. ENDOWMENT FUND EXPENDITURES PROVIDE FUNDING FOR SCHOLARSHIPS, FACULTY SALARIES, LIBRARY RESOURCES, AND OTHER PROGRAM ACTIVITIES. |
| PART X, LINE 2: | THE COLLEGE QUALIFIES AS A SECTION 501(C)(3) NOT-FOR-PROFIT EDUCATIONAL INSTITUTION OF THE INTERNAL REVENUE CODE (THE CODE) AND, THEREFORE, IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE IS, HOWEVER, SUBJECT TO FEDERAL INCOME TAXES ON ANY UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 511 OF THE CODE. THE COLLEGE IS EXEMPT FROM UNDER INCOME TAXES UNDER SECTION 71.26 OF WISCONSIN STATUTES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN FAIR VALUE OF SWAP LIABILITY 1,759,130. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID 36,645,953. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | ADJUSTMENTS TO ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE 93,655. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID 36,645,953. |
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 | BELOIT COLLEGE IS A FOUR YEAR PRIVATE LIBERAL ARTS INSTITUTION THAT DRAWS STUDENTS NOT ONLY NATIONWIDE BUT WORLDWIDE. MATERIALS USED IN PROMOTIONAL ACTIVITIES AND RECRUITING EFFORTS INCLUDE STATEMENTS THAT BELOIT COLLEGE DOES NOT DISCRIMINATE AGAINST STUDENTS, APPLICANTS FOR ADMISSION, APPLICANTS FOR FINANCIAL ASSISTANCE, APPLICANTS FOR EMPLOYMENT, OR EMPLOYEES ON THE BASIS OF SEX, RACE, COLOR, RELIGION, NATIONAL ORIGIN, ANCESTRY, AGE, SEXUAL ORIENTATION, OR PHYSICAL OR MENTAL DISABILITIES UNRELATED TO INSTITUTIONAL JOBS, PROGRAMS, OR ACTIVITIES. |
| SCHEDULE E, PART I, LINE 6 | BELOIT COLLEGE DID RECEIVE FEDERAL FUNDS, WHICH WERE USED FOR STUDENT PROGRAMS/ENTITLEMENTS SUCH AS PELL GRANTS, SEOG GRANTS, AND WORKSTUDY PROGRAMS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (15 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | EDUCATIONAL SERVICES | $215,188 |
| EUROPE | 0 | 0 | PROGRAM SERVICES | EDUCATIONAL SERVICES | $221,961 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES | EDUCATIONAL SERVICES | $57,167 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | SCHOLARSHIPS | $73,060 | |
| EAST ASIA AND THE PACIFIC | 0 | 0 | SCHOLARSHIPS | $431,067 | |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | SCHOLARSHIPS | $1,082,146 | |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | SCHOLARSHIPS | $37,610 | |
| NORTH AMERICA | 0 | 0 | SCHOLARSHIPS | $20,860 | |
| RUSSIA AND NEIGHBORING STATES | 0 | 0 | SCHOLARSHIPS | $63,748 | |
| SOUTH AMERICA | 0 | 0 | SCHOLARSHIPS | $143,694 | |
| SOUTH ASIA | 0 | 0 | SCHOLARSHIPS | $15,000 | |
| SUB-SAHARAN AFRICA | 0 | 0 | SCHOLARSHIPS | $184,937 | |
| EAST ASIA AND THE PACIFIC | 0 | 0 | GRANTS | $25,000 | |
| SOUTH ASIA | 0 | 0 | GRANTS | $40,756 | |
| SUB-SAHARAN AFRICA | 0 | 0 | GRANTS | $2,000 |
| 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 | $2,139,059 | SubtotalSpentAmt |
| Continuation Spent | $475,135 | ContinuationSpentAmt |
| Total Spent | $2,614,194 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (12 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| SCHOLARSHIP | EAST ASIA AND THE PACIFIC | 23 | $431,067 | SEE PART V |
| SCHOLARSHIP | EUROPE | 66 | $1,082,146 | SEE PART V |
| SCHOLARSHIP | MIDDLE EAST AND NORTH AFRICA | 2 | $37,610 | SEE PART V |
| SCHOLARSHIP | RUSSIA AND NEIGHBORING STATES | 4 | $63,748 | SEE PART V |
| SCHOLARSHIP | SOUTH AMERICA | 8 | $143,694 | SEE PART V |
| SCHOLARSHIP | SUB-SAHARAN AFRICA | 11 | $184,937 | SEE PART V |
| SCHOLARSHIP | CENTRAL AMERICA AND THE CARIBBEAN | 5 | $73,060 | SEE PART V |
| SCHOLARSHIP | NORTH AMERICA | 1 | $20,860 | SEE PART V |
| GRANT | CENTRAL AMERICA AND THE CARIBBEAN | 16 | $25,000 | SEE PART V |
| SCHOLARSHIP | SOUTH ASIA | 1 | $15,000 | SEE PART V |
| GRANT | SOUTH ASIA | 14 | $40,756 | SEE PART V |
| GRANT | SUB-SAHARAN AFRICA | 3 | $2,000 | SEE PART V |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANT FUNDS AWARDED IN THE FORM OF STUDENT FINANCIAL ASSISTANCE IS CREDITED TO THEIR TUITION ACCOUNT TO ASSIST IN COVERING THE COST OF TUITION. IN CASES WHERE FUNDS ARE SPENT AWAY FROM CAMPUS, APPROPRIATE DOCUMENTATION IS REQUIRED TO BE SUBMITTED AND APPROVED TO SUBSTANTIATE THE EXPENSE. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | STUDENT FINANCIAL ASSISTANCE | GrantTypeTxt |
| Recipient | 1422 | RecipientCnt |
| Cash Grant | $34,593,831 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS ARE AWARDED IN THE FORM OF FINANCIAL ASSISTANCE TOWARDS THE PAYMENT OF TUITION AND FEES IN WHICH CASE THE GRANT AMOUNTS ARE APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT. OTHER GRANTS ARE AWARDED FOR VARIOUS REASONS TO STUDENTS, FACULTY AND STAFF FOR EDUCATIONAL OR WORK RELATED ACTIVITIES. IN THESE CASES EXPENSE VERIFICATION IS REQUIRED IN THE FORM OF RECEIPTS AND OTHER APPROPRIATE DOCUMENTATION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 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 H SCOTT BIERMAN | ||||||||||||||
| PRESIDENT | $413,548 | $0 | $42,000 | $0 | $15,000 | $0 | $27,000 | $0 | $84,609 | $0 | $582,157 | $0 | $0 | $0 |
| DR ANN C DAVIES | ||||||||||||||
| PROVOST & DEAN OF THE COLLEGE | $173,574 | $0 | $0 | $0 | $2,500 | $0 | $17,627 | $0 | $8,323 | $0 | $202,024 | $0 | $0 | $0 |
| DR CHRISTINA P KLAWITTER | ||||||||||||||
| DEAN OF STUDENTS | $166,726 | $0 | $0 | $0 | $1,500 | $0 | $17,825 | $0 | $22,381 | $0 | $208,432 | $0 | $0 | $0 |
| DR ROBERT MIRABILE | ||||||||||||||
| VICE PRESIDENT OF ENROLLMENT | $210,660 | $0 | $0 | $0 | $0 | $0 | $21,848 | $0 | $19,781 | $0 | $252,289 | $0 | $0 | $0 |
| MS BETH MONTEIRO JD | ||||||||||||||
| VP OF DEVELOPMENT & ALUMNI RELATIONS | $196,259 | $0 | $0 | $0 | $0 | $0 | $20,400 | $0 | $19,698 | $0 | $236,357 | $0 | $0 | $0 |
| MR DANIEL SCHOOFF | ||||||||||||||
| SECRETARY/CHIEF OF STAFF | $152,176 | $0 | $0 | $0 | $0 | $0 | $8,000 | $0 | $19,781 | $0 | $179,957 | $0 | $0 | $0 |
| MS STACIE T SCOTT | ||||||||||||||
| TREAS/VP FIN & PLAN | $201,148 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18,838 | $0 | $219,986 | $0 | $0 | $0 |
| MS LORI RHEAD | ||||||||||||||
| VP OF HR & OPERATIONS | $154,164 | $0 | $0 | $0 | $0 | $0 | $16,296 | $0 | $18,996 | $0 | $189,456 | $0 | $0 | $0 |
| MR TIMOTHY P JONES | ||||||||||||||
| CHIEF COMMUNICATIONS & MARKETING OFF | $123,852 | $0 | $0 | $0 | $0 | $0 | $12,973 | $0 | $15,091 | $0 | $151,916 | $0 | $0 | $0 |
| DR PAMELA MCQUESTEN | ||||||||||||||
| CHIEF INFORMATION OFFICER | $152,176 | $0 | $0 | $0 | $0 | $0 | $16,000 | $0 | $19,565 | $0 | $187,741 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | DISCRETIONARY SPENDING ACCOUNT: THE PRESIDENT HAS A NONTAXABLE DISCRETIONARY SPENDING ACCOUNT OF $15,000. THE COLLEGE PAID $1,500 TO ANN C. DAVIES IN 2017 FOR ENDOWED PROFESSOR EDWIN F WILDE, JR. THE COLLEGE PAID $1,500 TO DR. CHRISTINA P. KLAWITTER IN 2017 AS A DISCRETIONARY SPENDING ACCOUNT. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE/PERSONAL SERVICES: AS A CONDITION OF EMPLOYMENT, THE PRESIDENT OF BELOIT COLLEGE IS REQUIRED TO RESIDE IN THE PRESIDENT'S HOUSE. THE PRESIDENT'S HOUSE SERVES BOTH AS A PERSONAL RESIDENCE AS WELL AS A VENUE FOR THE CARRYING ON OF COLLEGE BUSINESS REGULARLY. THE COLLEGE HAS DETERMINED THAT THE VALUE OF THE USE OF THIS PERSONAL RESIDENCE IS NOT CONSIDERED TAXABLE INCOME TO THE PRESIDENT AS PROVIDED FOR IN INTERNAL REVENUE CODE SECTION 119. CONSISTENT WITH THE USE OF THE RESIDENCE AS A VENUE FOR COLLEGE BUSINESS, A PART-TIME HOUSEKEEPER IS ASSIGNED TO CLEAN UP AND ASSIST WITH SUCH USE. THE VALUE OF THIS BENEFIT WAS $24,948 IN 2017. THE VALUE OF THE HOUSING ALLOWANCE WAS $43,007 IN 2017. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| WISC HEALTH & EDUCATIONAL FACILITIES AUTHORITIES | ||||||||
| A | 391337855 | 97710BTF9 | 2010-04-28 | $28,394,743 | REFINANCE OF 2007 SERIES BOND | Yes (1) | Yes (1) | 0 |
| WISC HEALTH & EDUCATIONAL FACILITIES AUTHORITIES | ||||||||
| B | 391337855 | NONEAVAIL | 2014-05-09 | $29,775,500 | CURRENT REFUND BONDS ISSUED APRIL 28, 2010 | 0 | 0 | 0 |
| WISC HEALTH & EDUCATIONAL FACILITIES AUTHORITIES | ||||||||
| C | 391337855 | 97712DSK3 | 2016-09-14 | $26,746,813 | CURRENT REFUND BONDS ISSUED APRIL 28, 2010 | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $28,394,743 | $28,394,743 | $400,960 | $1,790,735 | $26,203,048 | 2010 | Yes (1) | 0 | Yes (1) | Yes (1) |
| B | $2,066,662 | $29,775,500 | $75,500 | $29,700,000 | 2014 | Yes (1) | 0 | Yes (1) | Yes (1) | |
| C | $26,746,813 | $317,465 | $26,429,348 | 2016 | 0 | Yes (1) | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (no name) | ||||||||||||
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | |||
| CHASE BANK | ||||||||||||
| B | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | 21.980000000000 | 0 | 0 |
| (no name) | ||||||||||||
| C | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | DATE REBATE COMPUTATION PERFORMED | FormAndLineReferenceDesc |
| Explanation | ISSUER NAME: WISC. HEALTH & EDUCATIONAL FACILITIES AUTHORITIES DATE THE REBATE COMPUTATION WAS PERFORMED: 04/28/2015 | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DIANE HENDRICKS | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | TRUSTEE | RelationshipDescriptionTxt |
| Transaction | $603,333 | TransactionAmt |
| Transaction | CORPORATE CONTRACTORS INC. 100% OWNED BY DIANE HENDRICKS WAS PAID FOR CONSTRUCTION SERVICES | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | NO VALUE ASSIGNED | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Method Of Determining Revenues | NO VALUE ASSIGNED | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Method Of Determining Revenues | NO VALUE ASSIGNED | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 52 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,017,739 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Method Of Determining Revenues | NO VALUE ASSIGNED | MethodOfDeterminingRevenuesTxt |
Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Method Of Determining Revenues | NO VALUE ASSIGNED | MethodOfDeterminingRevenuesTxt |
Historical Artifacts HistoricalArtifactsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Method Of Determining Revenues | NO VALUE ASSIGNED | MethodOfDeterminingRevenuesTxt |
Archaeological Artifacts ArchaeologicalArtifactsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 7 | ContributionCnt |
| Method Of Determining Revenues | NO VALUE ASSIGNED | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | LIFE INCOME INTEREST | Desc |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $48,372 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE ORGANIZATION IS REPORTING A COMBINATION OF THE NUMBER OF CONTRIBUTIONS AND THE NUMBER OF ITEMS RECEIVED. |
| PART I, LINE 32B: | IT IS THE GENERAL POLICY OF THE COLLEGE TO SELL OR OTHERWISE DISPOSE OF ALL GIFTS OF PERSONAL PROPERTY IN ORDER TO USE THE PROCEEDS TO ADVANCE ITS ACTIVITIES, UNLESS THE PROPERTY ITSELF FURTHERS THE MISSION OF THE COLLEGE SUCH AS CERTAIN ARTWORK, PIECES OF INTEREST FOR THE LOGAN MUSEUM, VALUABLE MANUSCRIPTS, ETC. ONCE THE PROPERTY IS TRANSFERRED A KNOWLEDGEABLE AGENT IS SOUGHT TO EFFICIENTLY DISPOSE OF THE PROPERTY FOR MAXIMUM PROCEEDS. |
| PART I, LINE 33: | THE COLLEGE, AS A MATTER OF ACCOUNTING POLICY, DOES NOT RECORD REVENUE FOR WORKS OF ART ADDED TO ITS COLLECTIONS, AS ALLOWED UNDER SFAS 116. FURTHERMORE, ITEMS USED AS PROPS IN THE COLLEGE'S THEATER PROGRAM AND USED BOOKS DONATED TO THE COLLEGE'S LIBRARY ARE NOT REPORTED AS REVENUE FOR FINANCIAL STATEMENT PURPOSES. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | BELOIT COLLEGE'S FORM 990 WAS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. A DRAFT OF THE FORM 990 WAS PROVIDED ELECTRONICALLY TO THE BOARD OF TRUSTEES' AUDIT COMMITTEE FOR REVIEW AT THE MAY AUDIT COMMITTEE MEETING. THE FEBRUARY MEETING AGENDA INCLUDED DISCUSSION OF QUESTIONS OR CONCERNS REGARDING THE INFORMATION CONTAINED IN THE FORM 990. ONCE ALL ISSUES AND QUESTIONS REGARDING THE RETURN WERE RESOLVED, THE FORM 990 WAS FINALIZED TO INCORPORATE ANY NECESSARY CHANGES. AN UPDATED VERSION WAS PROVIDED ELECTRONICALLY TO THE CONTROLLER TO DISTRIBUTE TO THE AUDIT COMMITTEE FOR ADDITIONAL MATTERS TO BE ADDRESSED AND RESOLVED. THE FINALIZED VERSION OF FORM 990 WAS FILED WITH THE IRS ON OR BEFORE THE MAY 15TH FILING DEADLINE. TO RESPECT THE WISHES OF CERTAIN DONORS TO REMAIN ANONYMOUS, WE HAVE CHOSEN NOT TO PROVIDE A FULL DISCLOSURE COPY OF THE 990 TO THE FULL GOVERNING BOARD OF BELOIT COLLEGE. THE BOARD DOES, HOWEVER, RECEIVE A FULL REPORT LESS THE DONOR NAMES AND ADDRESSES TO REVIEW. A FULL DISCLOSURE COPY, WITH ALL DONOR INFORMATION, WILL BE FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | TRUSTEES AND OFFICERS ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST DOCUMENTS ANNUALLY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, ANY PERSON COVERED BY THIS POLICY MUST DISCLOSE THE EXISTENCE OF THE CONFLICT ISSUE AND ALL MATERIAL FACTS CONCERNING THE ISSUE. THE BOARD OF TRUSTEES MUST REVIEW AND APPROVE ALL SUBSTANTIAL CONFLICTING ACTIVITIES OF ALL TRUSTEES. THE AUDIT & RISK MANAGEMENT COMMITTEE MUST REVIEW AND APPROVE ALL SUBSTANTIAL CONFLICTING ACTIVITIES OF CORPORATE OFFICERS. WHEN THERE IS DOUBT AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY THE AUDIT & RISK MANAGEMENT COMMITTEE FOR CORPORATE OFFICERS AND THE EXECUTIVE COMMITTEE FOR THE TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COLLEGE PARTICIPATES ANNUALLY IN AN OFFICER COMPENSATION SURVEY CONDUCTED BY THE WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (WAICU), AND AN ANNUAL ADMINISTRATIVE SALARY SURVEY CONDUCTED BY THE ASSOCIATED COLLEGES OF THE MIDWEST (ACM) WITH BI-ANNUAL INCLUSION OF THE GREAT LAKES COLLEGES ASSOCIATION (GLCA). THE SURVEYS ARE REVIEWED AS A PART OF THE PROCESS FOR DETERMINING ENCUMBENT SALARY INCREASES ANNUALLY. ADDITIONALLY, THE SURVEYS AND INDEPENDENT COMPARABILITY DATA FROM THE WAICU AND ACM/GLCA SCHOOLS WERE UTILIZED TO DETERMINE COMPENSATION FOR HIRING EXECUTIVES, OFFICERS AND KEY STAFF TO FILL VACANCIES. THE EXECUTIVE COMMITTEE OF THE BELOIT COLLEGE BOARD OF TRUSTEES ACTS AS THE COMPENSATION COMMITTEE. THERE ARE 6 MEMBERS OF THIS COMMITTEE, THE CHAIR OF THE BOARD, THE CHAIR OF THE BUDGET COMMITTEE, AND 4 MEMBERS ELECTED FROM THE FULL BOARD. THE PROCESS USED TO DETERMINE THE COMPENSATION OF THE PRESIDENT AND TO REVIEW THE COMPENSATION OF THE OFFICERS OF THE COLLEGE IS DETAILED BELOW: 1. MARKET DATA FROM COMPENSATION SURVEYS OF MEMBER COLLEGES OF THE ASSOCIATED COLLEGES OF THE MIDWEST/GREAT LAKES COLLEGES ASSOCIATION (ACM/GLCA), MEMBER COLLEGES OF THE WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (WAICU), AND TWENTY COMPARATIVE NATIONAL RESIDENTIAL LIBERAL ARTS COLLEGES BELOIT USES FOR A VARIETY OF PURPOSES ARE USED TO COMPARE THE SALARIES, BENEFITS AND OTHER PERQUISITES OF THE PRESIDENT AND OFFICERS OF THE COLLEGE. 2. THE EXECUTIVE COMMITTEE USES THE MARKET DATA AS PART OF THEIR DECISION PROCESS. PRIOR TO THE SPRING BOARD OF TRUSTEES MEETING, THE EXECUTIVE COMMITTEE IS ALSO PROVIDED WITH AN ANNUAL REPORT AND REFLECTION ON THE PREVIOUS YEAR AUTHORED BY THE PRESIDENT. THIS IS DISCUSSED BY THE EXECUTIVE COMMITTEE WITH THE PRESIDENT AND IN EXECUTIVE SESSION AT THEIR SPRING MEETING. FOLLOWING THIS DISCUSSION, THE EXECUTIVE COMMITTEE DECIDES ON A COMPENSATION PROPOSAL TO BRING TO THE FULL BOARD. 3. THE EXECUTIVE COMMITTEE TAKES THEIR RECOMMENDATION REGARDING THE PRESIDENT'S COMPENSATION FOR REVIEW AND CONSIDERATION TO THE FULL BOARD ALSO AT THE SPRING BOARD OF TRUSTEES MEETING. AT THIS MEETING, THE EXECUTIVE COMMITTEE SUMMARIZES THE PRESIDENT'S ANNUAL REPORT, THEIR OWN DELIBERATIONS, AND THE ARGUMENT FOR THE COMPENSATION RECOMMENDATION THEY ARE PROPOSING. 4. ONCE THE COMPENSATION PACKAGE IS APPROVED, IT IS COMMUNICATED TO THE VICE PRESIDENT FOR HUMAN RESOURCES AND OPERATIONS WHO IMPLEMENTS THE DECISION FOR THE NEXT FISCAL YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGE'S WEBSITE. OTHER DOCUMENTS MAY BE MADE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME AS SET FORTH IN IRC SECTION 6104(D). |
| FORM 990, PART XI, LINE 9: | ADJUSTMENTS TO ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE -93,655. CHANGE IN FAIR VALUE OF SWAP LIABILITY 1,759,130. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BELOIT POWERHOUSE LLC | ||||||||||||
| 700 COLLEGE ST | BELOIT | WI | 53511 | 820908061 | OWNING & RENOVATING PROPERTY | WI | BELOIT COLLEGE | -$154 | $1,786 | 0 | Yes (1) | 0.00010 |
| POWERHOUSE MASTER TENANT LLC | ||||||||||||
| 700 COLLEGE ST | BELOIT | WI | 53511 | 823813413 | OWNING & RENOVATING PROPERTY | WI | BELOIT POWERHOUSE HOLDINGS II | $16,398 | 0 | Yes (1) | 0.01000 | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHARITABLE REMAINDER TRUSTS (11) | ||||||||||||
| CHARITABLE TRUST | WI | BELOIT COLLEGE | T | Yes (1) | ||||||||
| BELOIT POWERHOUSE HOLDINGS INC | ||||||||||||
| OWNING & RENOVATING PROPERTY | WI | BELOIT COLLEGE | C | 0 | 700 COLLEGE ST | BELOIT | WI | 53511 | 823808472 | -$77,140 | $188,371 | 1.00000 |
| BELOIT POWERHOUSE HOLDINGS II LLC | ||||||||||||
| OWNING & RENOVATING PROPERTY | WI | BELOIT COLLEGE | C | 0 | 700 COLLEGE ST | BELOIT | WI | 53511 | 825098452 | -$1,465,505 | $3,595,074 | 1.00000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| BELOIT POWERHOUSE LLC | ||
| B | $531 | FMV |
| POWERHOUSE MASTER TENANT LLC | ||
| B | $16,398 | FMV |
| BELOIT POWERHOUSE HOLDINGS INC | ||
| B | $265,511 | FMV |
| BELOIT POWERHOUSE HOLDINGS II LLC | ||
| B | $5,044,181 | FMV |