2025-11-06T00:00:49-06:00 2025-06-30 480567703 PINION LLC 1821 SOUTH AVENUE WEST 5TH FLOOR MISSOULA MT 59801 990 2024-07-01 810231774 CARROLL COLLEGE CARR 4064475432 1601 N BENTON AVE HELENA MT 596250002 JAMES CARNEY VICE PRESIDENT FINANCE 4064475432 2025-11-03 1 0 IRIS OWEN P01259219 4067217800 2025-11-03 2024 2025-03-06 01:10:19Z JAMES CARNEY 1601 N BENTON AVE HELENA MT 596250002 78378589 0 X WWW.CARROLL.EDU X 1909 MT CARROLL COLLEGE IS A CATHOLIC, DIOCESAN, LIBERAL ARTS COLLEGE IN THE ECUMENICAL TRADITION OF THE SECOND VATICAN COUNCIL. CARROLL COLLEGE ACKNOWLEDGES THE ROLE OF PREPARING ITS STUDENTS FOR A CAREER, AND ALSO AFFIRMS THE ROLE OF PROVIDING FOR THE EXPANSION OF THE INTELLECTUAL, IMAGINATIVE, AND SOCIAL AWARENESS OF ITS STUDENTS. CARROLL COLLEGE AFFIRMS ITS COMMITMENT TO THE PRINCIPLE OF FREEDOM OF INQUIRY. CARROLL COLLEGE IS COMMITTED TO A POLICY OF OPEN PARTICIPATION BY MEMBERS OF ALL RELIGIOUS FAITHS AND ALL PERSONS OF GOOD WILL IN THE TOTAL ACADEMIC AND SPIRITUAL EXPERIENCE OF THE COLLEGE COMMUNITY. 23 23 1018 34 20868 0 16333942 9647431 55382432 58822052 3302945 3810564 676556 797905 75695875 73077952 32910978 28918879 0 0 20580328 21852954 0 0 1982861 17123371 19707646 70614677 70479479 5081198 2598473 153021793 159898866 16697759 15983856 136324034 143915010 X CARROLL COLLEGE IS A CATHOLIC, DIOCESAN, LIBERAL ARTS COLLEGE IN THE ECUMENICAL TRADITION OF THE SECOND VATICAN COUNCIL. AS A LIBERAL ARTS SCHOOL, CARROLL COLLEGE ACKNOWLEDGES THE PRACTICAL ROLE OF PREPARING ITS STUDENTS FOR A CAREER, BUT IT ALSO AFFIRMS THE TRADITIONAL ROLE OF PROVIDING FOR THE EXPANSION OF THE INTELLECTUAL, IMAGINATIVE, AND SOCIAL AWARENESS OF ITS STUDENTS. IT IS DEDICATED TO PROVIDING FOR ITS STUDENTS THE MEANS FOR THEIR FULL REALIZATION OF A DUAL GOAL OF VOCATION AND ENLIGHTENMENT. THUS, WHILE PROVIDING SUBSTANTIAL PROFESSIONAL AND PRE-PROFESSIONAL PROGRAMS, THE COLLEGE ENCOURAGES AND EXPECTS ALL STUDENTS TO PARTICIPATE IN A BROAD SPECTRUM OF ACADEMIC DISCIPLINES. 0 0 11543003 46058095 INSTRUCTION - LIBERAL ARTS PROGRAM LEADING TO A BACCALAUREATE DEGREE 3286748 ACADEMIC SUPPORT - ACADEMIC ADMINISTRATION, LIBRARIES, LOGISTICS AND SERVICES 41406175 28918879 11258940 STUDENT SERVICES - OFFICE OF THE DEAN OF STUDENTS, STUDENT ACTIVITIES, STUDENT PUBLICATIONS,COUNSELING, FINANCIAL AID, STUDENT RECORDS, AND STUDENT HEALTH ISSUES 1725618 1566751 OTHER PROGRAMS 1725618 1566751 57961544 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 265 0 1 1018 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X THE ORGANIZATION 4064474300 1601 NORTH BENTON HELENA MT 59625 BOB HEBERLY TRUSTEE 2.00 X 0 0 0 CHRIS GILLETTE TRUSTEE 2.00 X 0 0 0 THERESA RACICOT TRUSTEE 2.00 X 0 0 0 DONALD WETZEL JR TRUSTEE 2.00 X 0 0 0 THOMAS DOWNEY TRUSTEE 2.00 X 0 0 0 DR RUSS BELL TRUSTEE 2.00 X 0 0 0 THE REV DR BART TOLLESON TRUSTEE 2.00 X 0 0 0 CHRIS SCHELLING TRUSTEE 2.00 X 0 0 0 SARAH WALSH TRUSTEE 2.00 X 0 0 0 DR DAVID LECHNER TRUSTEE 2.00 X 0 0 0 THE REV CRAIG HANLEY TRUSTEE 2.00 X 0 0 0 SARA SEXE TRUSTEE 2.00 X 0 0 0 BISHOP AUSTIN VETTER CHANCELLOR 2.00 X X 0 0 0 THE REV PATRICK BERETTA CHAIR 2.00 X X 0 0 0 RON BAZE TRUSTEE 2.00 X 0 0 0 DR JOYCE STEWART SECRETARY 2.00 X X 0 0 0 THOMAS WHYTE VICE CHAIR 2.00 X X 0 0 0 JOHN SULLIVAN TRUSTEE 2.00 X 0 0 0 MICHAEL DALTON TRUSTEE 2.00 X 0 0 0 MONICA GOMEZ TRUSTEE 2.00 X 0 0 0 MSGR KEVIN O'NEILL TRUSTEE EMERITUS 2.00 X 0 0 0 PAUL GRMOLJEZ MD TRUSTEE 2.00 X 0 0 0 DIDI AUGUSTINE PECCIA TRUSTEE 2.00 X 0 0 0 DR JOHN CECH PRESIDENT/EX-OFFICIO 40.00 X 283836 0 34793 LORI PETERSON V.P. FINANCE & ADMINISTRAT 40.00 X 182529 0 23579 JENNIFER GLOWIENKA V.P. FOR ACADEMIC AFFAIRS 40.00 X 158269 0 22380 LAUREN SWANT DIRECTOR OF NURSING 40.00 X 125822 0 6572 JAMES PETROVICH DIRECTOR MASTERS OF SOCIAL 40.00 X 132817 0 14984 CHARLES GROSS DIRECTOR, ATHLETICS 40.00 X 145854 0 30646 KATHLEEN O'LEARY VICE PRESIDENT, STUDENT EN 40.00 X 157404 0 8308 1186531 0 141262 7 0 1 0 DICK ANDERSON CONSTRUCTION INC 4498 JACKRABBIT LN BOZEMAN MT 59718 CONTRACTOR 4541633 SODEXO OPERATIONS LLC 9801 WASHINGTONIAN BLVD GAITHERSBURG MD 20878 FOOD SERVICE 3983492 ACE ROOFING LLC 317 CRUSE AVE STE 201 HELENA MT 59601 CONTRACTOR 636919 ELLUCIAN COMPANY LP 4 COUNTRY VIEW ROAD MALVERN PA 19355 SOFTWARE 466135 BURDICK'S LOCKSMITH SERVICES 1316 GALLATIN AVE HELENA MT 59601 CONTRACTOR 363887 5 368290 1673031 7606110 685960 9647431 TUITION AND FEES 611600 46058095 46058095 AUXILIARY ENTERPRISES 611600 9943011 9943011 OTHER SOURCES 611600 1847400 1847400 ATHLETICS 611600 973546 973546 58822052 1811244 1811244 1354614 583121 771493 771493 20868 750625 6146098 272503 4138632 280649 2007466 -8146 1999320 1999320 4544 368290 60868 -56324 -56324 21002 0 21002 21002 299101 237367 61734 61734 73077952 58883786 20868 4525867 28918879 28918879 1145943 369168 576002 200773 15559727 12487658 2182166 889903 579536 446682 95206 37648 3235378 1358036 1780681 96661 1332370 1071244 185484 75642 120291 120291 3569595 1533481 1833436 202678 2167744 986830 927674 253240 796161 36451 759710 2135459 1812669 201383 121407 3794953 3515001 279952 247459 219216 28243 4389184 3099115 1286918 3151 SUPPLIES 2353694 2058878 277928 16888 OTHER 84870 84870 PERIODICALS 48236 48236 70479479 57961544 10535074 1982861 4615899 2484424 2054757 1851356 1784524 974695 202865 140732 327281 779299 139370317 73745682 60626958 65624635 74702522 80056509 3393921 3379423 5313066 4607793 153021793 159898866 4097479 2820791 1783275 1741496 9764459 10428796 1052546 992773 16697759 15983856 X 65683376 67118035 70640658 76796975 136324034 143915010 153021793 159898866 X 2598473 4937636 54867 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 80146498 1223896 8543665 2618265 87295794 69504356 3421026 10383034 3161918 80146498 64975432 694838 6174631 2340545 69504356 71365701 1387947 -5728886 2049330 64975432 54343547 2503628 16431125 1912599 71365701 0.17115 0.51036 0.31849 0 0 1473608 1473608 118192103 56787383 61404720 17935424 15266559 2668865 1769182 1691740 77442 65624635 ANNUITIES PAYABLE 810197 OTHER LIABILITIES 4358 STUDENT DEPOSITS 117220 REFUNDABLE ADVANCE 60998 992773 X 51396586 4937636 34234 936225 5908095 45488491 120291 27469170 27589461 73077952 43805608 34234 881356 915590 42890018 120291 27469170 27589461 70479479 PART III, LINE 4: VARIOUS ART PIECES ARE DISPLAYED ON CAMPUS. PART V, LINE 4: THE ENDOWMENT WILL BE USED TO FUND SCHOLARSHIPS AND GENERAL OPERATIONS OF THE COLLEGE AND SUPPORTS EDUCATION. PART X, LINE 2: CARROLL COLLEGE IS A NON-PROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXS UNDER INTERNAL REVENUE CODE 501(C)(3). PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 237,367. RENTAL EXPENSES NETTED ON RETURN 583,121. FUNDRAISING EVENT EXPENSES NETTED ON RETURN 60,868. CHANGE IN FAIR VALUE OF SPLIT INTEREST AGREEMENT 54,869. PART XI, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS AND GRANTS 27,469,170. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 237,367. RENTAL EXPENSES NETTED ON RETURN 583,121. FUNDRAISING EVENT EXPENSES NETTED ON RETURN 60,868. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS AND GRANTS 27,469,170. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CARROLL COLLEGE ADMITS STUDENTS OF ANY RACE, COLOR, AGE, SEX, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE COLLEGE. CARROLL COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, AGE, SEX, NATIONAL OR ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIPS AND LOAN PAYMENTS AND ATHLETIC OR OTHER SCHOOL ADMINISTERED PROGRAMS. SCHEDULE E, PART I, LINE 6 FINANCIAL AID OR ASSISTANCE FROM GOVERNMENTAL AGENCIES: PERKINS LOAN PROGRAM COLLEGE WORK-STUDY PROGRAM SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM PELL GRANT PROGRAM DIRECT LOAN PROGRAM PANAGORA DIVERSIFIED RISK MULTI-ASSET FUND, LTD 0 0 INVESTMENT 2127341 0 0 0 0 0 0 2127341 0 2127341 0 0 0 1 0 0 DINNER AND AUCTION 372834 368290 4544 9918 50950 372834 368290 4544 9918 50950 60868 -56324 21002 0 21002 21002 0 0 0 0 0 0 1 VARIOUS FINANCIAL AID PROGRAMS 1055 23848407 ENDOWED SCHOLARSHIPS 291 2012014 CASH GRANTS 261 1608749 FEDERAL SEOG 130 82527 FEDERAL PELL 249 1359638 FEDERAL TEACH GRANT 2 7544 PART I, LINE 2: CARROLL COLLEGE AND FEDERAL NEED-BASED GRANTS AND SCHOLARSHIPS ARE AWARDED BASED ON THE RESULTS OF THE FEDERAL FAFSA AND NEEDS ANALYSIS. NEW STUDENT MERIT SCHOLARSHIPS ARE BASED ON HIGH SCHOOL GPA AND TEST SCORES OR TRANSFER GPA FOR TRANSFER STUDENTS. STATE GRANT REPORTING IS COMPLETED EACH YEAR AFTER THE ACADEMIC YEAR IS COMPLETED. FEDERAL FISAP REPORTING IS COMPLETED PRIOR TO OCTOBER OF EACH YEAR FOLLOWING THE COMPLETION OF THE ACADEMIC YEAR. X X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR JOHN CECH PRESIDENT/EX-OFFICIO 283836 0 0 0 0 0 13144 0 21649 0 318629 0 0 0 LORI PETERSON V.P. FINANCE & ADMINISTRAT 182529 0 0 0 0 0 9839 0 13740 0 206108 0 0 0 JENNIFER GLOWIENKA V.P. FOR ACADEMIC AFFAIRS 158269 0 0 0 0 0 8500 0 13880 0 180649 0 0 0 CHARLES GROSS DIRECTOR, ATHLETICS 145854 0 0 0 0 0 7900 0 22746 0 176500 0 0 0 KATHLEEN O'LEARY VICE PRESIDENT, STUDENT EN 157404 0 0 0 0 0 0 0 8308 0 165712 0 0 0 A LEWIS AND CLARK COUNTY MONTANA 816001383 NONENOTED 2008-07-18 2800000 HIGHER EDUCATION REVENUE NOTE SERIES 2008 0 0 0 B LEWIS AND CLARK COUNTY MONTANA 816001383 NONENOTED 2022-09-01 6785116 HIGHER EDUCATION REFUNDING BOND SERIES 2022A 0 0 0 C LEWIS AND CLARK COUNTY MONTANA 816001383 NONENOTED 2022-09-01 4686884 HIGHER EDUCATION REVENUE BOND SERIES 2022B 0 0 0 A 2800000 25400 2774600 2008 0 0 1 1 B 6785116 6785116 2022 1 0 1 1 C 4686884 8048 4678836 2022 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 A 0 B 0 C 0 X 46 480081 FAIR MARKET VALUE X DONATED AUCTION ITEMS 311 129240 FAIR MARKET VALUE X OTHER 35 76639 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE COLLEGE USES APPROPRIATELY CERTIFIED PROFESSIONALS TO SELL NON-CASH GIFTS (SUCH AS SHARES OF STOCK OR REAL ESTATE) ON BEHALF OF THE COLLEGE. FORM 990, PART VI, SECTION A, LINE 3 FOOD SERVICES ON CAMPUS ARE PROVIDED THROUGH SODEXO AMERICA, LLC. THE TERMS OF THE CONTRACT ARE NEGOTIATED AT ARM'S LENGTH TO DETERMINE THAT THE COLLEGE WILL PAY NO MORE THAN THE FAIR MARKET VALUE OF THE SERVICES PROVIDED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 TAX RETURN IS PREPARED FROM THE AUDITED FINANCIAL STATEMENTS, AND IS REVIEWED BY THE VP OF FINANCE AND ADMINISTRATION, CONTROLLER, AND ASSISTANT CONTROLLER BEFORE BEING SIGNED AND ISSUED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY, AND TO INDICATE CONFLICTS OF INTEREST PRIOR TO PARTICIPATING IN THE DISCUSSION OF A TOPIC. ANY DISCLOSURE IS NOTED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE COLLEGE'S PRESIDENT IS DETERMINED BY THE BOARD OF TRUSTEES, USING A PEER GROUP SALARY COMPARISON OF ROUGHLY 77 SIMILAR INSTITUTIONS. THE COLLEGE PRESIDENT'S CONTRACT IS REVIEWED BY THE FULL BOARD OF TRUSTEES. COMPENSATION OF ALL OTHER STAFF AND FACULTY IS DETERMINED BY COLLEGE POLICY AND FINANCIAL RESOURCES, INCLUDING A COMPARISON TO A PEER GROUP OF ROUGHLY 77 SIMILAR INSTITUTIONS. SALARY INCREASES ARE APPROVED BY THE BOARD AS PART OF APPROVING THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE TRUST 54,869. ROUNDING -2. 990 PART XII, LINE 2C-OVERSIGHT OF AUDIT CARROLL HAS AN AUDIT & RISK ASSESSMENT COMMITTEE THAT MAINTAINS OVERSIGHT OF THE AUDIT. NO CHANGE TO THIS PROCESS FROM PRIOR YEAR REPORTING.