2019-07-12T09:03:22-05:00 2018-08-31 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2017-09-01 043403049 URBAN COLLEGE OF BOSTON URBA 6174497430 2 BOYLSTON STREET BOSTON MA 02116 MICHAEL TAYLOR PRESIDENT 6174497430 2019-06-28 1 DAVID A DIIULIS P00303577 6174711120 2019-06-28 108.7.66.186 2019-06-28 13:55:53 ED P FC66FA2F6FAA92178A632FCD7B72B584BEC644E9 A1D1130AC5E4BADE0FA9E404A6095F4F43374566 2017 2019-02-21 02:37:17Z MICHAEL TAYLOR 2 BOYLSTON STREET BOSTON MA 02116 4008889 0 X WWW.URBANCOLLEGE.EDU X 1998 MA PRIVATE TWO YEAR COLLEGE SERVING PRIMARILY LOWER INCOME INDIVIDUALS FROM THE GREATER BOSTON AREA. 12 12 116 6 0 0 805832 1066749 2921571 2942140 0 0 0 0 3727403 4008889 537478 427147 0 0 2590834 2369761 0 0 77694 569140 1151024 3697452 3947932 29951 60957 905678 1019044 212917 265326 692761 753718 PRIVATE TWO YEAR COLLEGE SERVING PRIMARILY LOWER INCOME INDIVIDUALS FROM THE GREATER BOSTON AREA. 0 0 2849667 427147 2942140 URBAN COLLEGE OF BOSTON (UCB) IS AN INDEPENDENT CO-EDUCATIONAL TWO YEAR HIGHER EDUCATION INSTITUTION LOCATED IN THE HEART OF DOWNTOWN BOSTON. UCB PROVIDES INNER-CITY RESIDENTS WHO MIGHT OTHERWISE NEVER GO TO COLLEGE WITH THE OPPORTUNITY TO ACHIEVE EDUCATION CREDENTIALS AND SKILLS TIED TO UPWARDLY MOBILE CAREERS. THE COLLEGE OFFERS ASSOCIATE DEGREES IN HUMAN SERVICE ADMINSTRATION, EDUCATION AND GENERAL STUDIES. SINCE ITS FORMATION, UCB HAS SERVED MORE THAN 5,250 STUDENTS AND AWARDED 1,005 ASSOCIATE DEGREES AND CERTIFICATES. 2849667 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 116 1 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 MA X MICHAEL TAYLOR 6174497430 2 BOYLSTON STREET BOSTON MA 02116 PETER EBB ESQ CHAIR 1.00 X X 0 0 0 CONSTANCE COUNTS PH D SECRETARY 1.00 X X 0 0 0 MARY C CHIN TREASURER 1.00 X X 0 0 0 LINDA G DUMAS PH D TRUSTEE 1.00 X 0 0 0 JEAN M BABCOCK TRUSTEE 1.00 X 0 0 0 DONNA COARD TRUSTEE 1.00 X 0 0 0 HAROLD J MEZOFF TRUSTEE 1.00 X 0 0 0 MARGARET POWER PH D TRUSTEE 1.00 X 0 0 0 GEORGE REGAN TRUSTEE 1.00 X 0 0 0 SHARON SCOTT-CHANDLER ESQ TRUSTEE 1.00 X 0 0 0 CHARLES TITUS TRUSTEE 1.00 X 0 0 0 MICHAEL WAGNER MD TRUSTEE 1.00 X 0 0 0 MICHAEL TAYLOR PRESIDENT 35.00 X 213921 0 20101 STEPHEN LOZEN DEAN OF ADMINISTRATION & FINANCE 35.00 X 128000 0 10324 NANCY DANIEL DEAN OF ACADEMIC AFFAIRS 35.00 X 110000 0 12219 451921 0 42644 3 0 1 0 BOSTON REDEVELOPMENT AUTHORITY 1 CITY HALL SQUARE BOSTON MA 02201 RENT 304620 BCBS 101 HUNTINGTON AVE 1300 BOSTON MA 02199 MEDICAL 102027 2 257965 808784 1066749 TUITION AND FEES 611310 2942140 2942140 2942140 4008889 2942140 0 0 427147 427147 494565 494565 1553878 543857 932327 77694 41281 12384 28897 251473 251473 28564 12854 15710 16420 16420 28000 28000 2690 2690 39435 39435 86502 86502 402018 386381 15637 6391 6391 45342 45342 32363 32363 BAD DEBTS 320778 320778 MISCELLANEOUS 57575 57575 UTILITIES 39090 39090 PROGRAM EXPENSE 22592 22592 51828 51828 3947932 2849667 1020571 77694 42508 233992 589262 580036 106109 0 208516 68203 103096 140313 64703 64703 905678 1019044 181428 125527 31489 35731 0 104068 212917 265326 X 553367 137922 139394 615796 692761 753718 905678 1019044 60957 0 X X 0 1 X 1 1 1 X 208516 68203 140313 140313 SECURITY DEPOSIT 64703 64703 DEFERRED RENT 54068 RELATED PARTY LOAN 50000 104068 X 3581742 0 3581742 427147 427147 4008889 3520785 0 3520785 427147 427147 3947932 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" (MLTN) SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, URBAN COLLEGE OF BOSTON MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 427,147. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 427,147. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 URBAN COLLEGE'S HARASSMENT/DISCRIMINATION POLICY IS AVAILABLE ON THE UCB WEBSITE (UNDER STUDENT SERVICES AND LINKED FROM CONSUMER DISCLOSURES). IT IS ALSO INCLUDED IN THE COURSE CATALOG AND STUDENT HANDBOOK, BOTH OF WHICH ARE ALSO AVAILABLE ON OUR WEBSITE. 1 SCHOLARHIPS AND INSTITUTIONAL AID 846 427147 PART I, LINE 2: THE COLLEGE'S ADMINISTRATIVE STAFF OVERSEE THAT THE PROVISIONS OF THE GRANTS ARE MET IN ACCORDANCE WITH THE GUIDELINES OR AGREEMENT SET FORTH, WHETHER THAT IS USE OF DONOR, GOVERNMENT OR INSTITUTIONAL SOURCES. X X 0 0 0 0 0 0 0 0 0 MICHAEL TAYLOR PRESIDENT 213921 0 0 0 0 0 14885 0 5216 0 234022 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE COLLEGE'S FORM 990 WAS REVIEWED BY THE TRUSTEE AUDIT COMMITTEE AND WAS SUBSEQUENTLY PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD OF TRUSTEES. THE FORM 990 WAS FILED WITH THE INTERNAL REVENUE SERVICE FOLLOWING SUCH REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 990 PART XII, LINE 2C THE OVERSIGHT PROCESS FOR REVIEW OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.