2019-05-09T14:08:37-05:00 2018-06-30 HENRIS TAX SERVICES 5280 N GLEN OAK DR SAGINAW MI 48603 990 2017-07-01 381359083 ALMA COLLEGE ALMA 9894637317 614 W SUPERIOR STREET ALMA MI 48801 MR JEFFREY SWEARS CFO 9894637317 2019-05-08 true DANIEL J HENRIS P00059651 9892455336 2019-05-09 X 96.36.28.118 2019-05-09 14:08:37 CD P 93489CB80623947AB6EF30DB80514F03EA65E0CA 93489CB80623947AB6EF30DB80514F03EA65E0CA 2017 2019-02-21 02:37:17Z DR JEFFREY ABERNATHY 142977272 false X WWW.ALMA.EDU X 1886 MI ALMA COLLEGE'S MISSION IS TO PREPARE GRADUATES WHO THINK CRITICALLY, SERVE GENEROUSLY, LEAD PURPOSEFULLY, AND LIVE RESPONSIBLY AS STEWARDS OF THE WORLD THEY BEQUEATH TO FUTURE GENERATIONS. 34 34 1298 700 149271 -64591 8459415 8111069 66486953 69745525 4093993 8715117 228481 219397 79268842 86791108 28941703 31700947 0 28057764 28553601 0 1241980 22531452 23198454 79530919 83453002 -262077 3338106 207985667 237245279 41635632 67576899 166350035 169668380 ALMA COLLEGE'S MISSION IS TO PREPARE GRADUATES WHO THINK CRITICALLY, SERVE GENEROUSLY, LEAD PURPOSEFULLY, AND LIVE RESPONSIBLY AS STEWARDS OF THE WORLD THEY BEQUEATH TO FUTURE GENERATIONS. false false 77438121 31700947 69745525 SCHOLARSHIPS AND AWARDS TO STUDENTS TO OFFSET THE COST OF TUITION. INSTRUCTION PROVIDED TO STUDENTS BY HIGHLY QUALIFIED FACULTY AND ASSISTANTS. HOUSING AND FOOD SERVICE PROVIDED TO STUDENTS (ALMA COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE WITH APPROXIMATELY 93% OF THE STUDENTS LIVING AND EATING ON CAMPUS. 77438121 true true false false false false false true false true true true false false true false true false true false true false false false false false false false true true true false false false false false false false false false true true false false false false true false false false true 147 0 true 1298 true true true false false false false false false false false false false false X 34 34 true false false false false false false true true false false true true true true true true true true false X ALMA COLLEGE 9894637317 614 W SUPERIOR STREET ALMA MI 48801 MR TOM ANDISON TRUSTEE 2.00 X 0 0 0 MR LARRY ANDRUS TRUSTEE 2.00 X 0 0 0 MS KAREN ASNER TRUSTEE 2.00 X 0 0 0 MR BRIAN BARTES TRUSTEE 2.00 X 0 0 0 MR ERIC BLACKHURST TRUSTEE 2.00 X 0 0 0 MR DAVID BOWEN TRUSTEE 2.00 X 0 0 0 MR PATRICK BYRNE TRUSTEE 2.00 X 0 0 0 MR DAVID CHAPOTON TRUSTEE 2.00 X 0 0 0 MR CHARLIE DEACON TRUSTEE 2.00 X 0 0 0 MR DAVID DEVINE TRUSTEE 2.00 X 0 0 0 MS CANDACE CROUCHER-DUGAN TRUSTEE 2.00 X 0 0 0 MS NANCY E GALLAGHER TRUSTEE 2.00 X 0 0 0 MR GLENN GRANGER TRUSTEE 2.00 X 0 0 0 MR DOUGLAS GROSS TRUSTEE 2.00 X 0 0 0 MR MARK HALL TRUSTEE 2.00 X 0 0 0 MR GREG HATCHER TRUSTEE 2.00 X 0 0 0 MR CARDELL JOHNSON TRUSTEE 2.00 X 0 0 0 MR BURT JORDAN TRUSTEE 2.00 X 0 0 0 MR JOHN JUDSON TRUSTEE 2.00 X 0 0 0 MR RANDALL KENDRICK TRUSTEE 2.00 X 0 0 0 MR DAVID P LARSEN TRUSTEE 2.00 X 0 0 0 MR STEPHEN MEYER TRUSTEE 2.00 X 0 0 0 MR ROGER MYERS TRUSTEE 2.00 X 0 0 0 MS MARCIA NUNN TRUSTEE 2.00 X 0 0 0 MS ELIZABETH PARKINSON TRUSTEE 2.00 X 0 0 0 MS ERICA POWERS APPELT TRUSTEE 2.00 X 0 0 0 MR DARRYL SCHIMECK TRUSTEE 2.00 X 0 0 0 MS CAROLYN SCHULZ TRUSTEE 2.00 X 0 0 0 MR BRYAN SEGEDI TRUSTEE 2.00 X 0 0 0 MR D MICHAEL SHERMAN TRUSTEE 2.00 X 0 0 0 MR MATTHEW STEINMETZ TRUSTEE 2.00 X 0 0 0 MS DANETTE TAYLOR TRUSTEE 2.00 X 0 0 0 MS KIM TAYLOR TRUSTEE 2.00 X 0 0 0 MR RUSSELL YOUNGDAHL TRUSTEE 2.00 X 0 0 0 DR JEFFREY ABERNATHY PRESIDENT 60.00 X 277909 0 36056 MR MATTHEW VANDENBERG VP ADVANCEME 60.00 X 169714 0 28837 MR MICHAEL SELMON PROVOST 60.00 X 151825 0 37927 MR ROBERT GARCIA VP ENROLLMEN 60.00 X 130882 0 18953 MR STEVEN RACKLEY ATHLETIC DIR 60.00 X 123832 0 26158 MS ELIZABETH HALL CHIEF OF STA 60.00 X 121289 0 9554 MR ALAN GATLIN CHIEF OPER O 60.00 X 109056 0 8765 DR NICHOLAS PICCOLO VP STUDENT A 60.00 X 107506 0 18646 MR KARL RISCHE VP STUDENT A 60.00 X 43672 0 7023 MR JEFFREY SWEARS CFO 60.00 X 0 0 0 DR KATHLEEN DAUGHERTY PROVOST 60.00 X 0 0 0 MR DANIEL HENRIS AVP FIN/CONT 60.00 X 123383 0 24551 DR KEITH NELSON IT DIRECTOR 60.00 X 114832 0 23198 DR EDWARD LORENZ FACULTY 60.00 X 110333 0 21848 DR DALE SANDERS FACULTY 60.00 X 109937 0 12878 DR KAREN KLUMPP ADMIN/FACULT 60.00 X 104527 0 20707 1798697 295101 13 false true false EAB-ROYALL 1920 EAST PARHAM RICHMOND VA 23228 ENROLLMENT MGT 499131 MID MICHIGAN MEDICAL CENTER 300 E WARWICK DRIVE ALMA MI 48801 MEDICAL SERVICE 226028 ENTERPRISE FLEET MANAGEMENT PO BOX 800089 KANSAS CITY MO 64180 VEHICLE FLEET 147782 MERCER 1001 SOUTH HANLEY RD THIRD FLOOR ST LOUIS MO 63105 INVESTMENT MGT 128462 4 872638 7238431 558726 8111069 STUDENT TUITION AND FEES 611600 52837680 52837680 STUDENT ROOM AND BOARD 611710 13288587 13288587 STUDENT PROGRAM FEES 611710 3211773 3211773 STUDENT RECRUITING 611710 407485 407485 69745525 3535051 3535051 147026 67556 79470 79470 9344 70126 61298674 56118608 5180066 5180066 5180066 PE CENTER USER FEES 713940 139927 139927 139927 86791108 69745525 149271 8785243 31700947 31700947 1591272 625350 759257 206665 19839843 18465051 884382 490410 1126361 1057730 36764 31867 4627733 4357687 156964 113082 1368392 1268893 65340 34159 43667 43667 55300 55300 635607 635607 2204866 2084863 64278 55725 246281 16612 229654 15 3771111 2934511 708257 128343 600529 600529 1759810 1741619 7276 10915 2685690 2555712 75297 54681 237580 190410 38422 8748 1381914 1243723 138191 2737515 2407380 330135 567756 107028 460728 FOOD SERVICE 3678272 3678272 REPAIRS AND MAINTENANCE 2027388 1911451 23078 92859 SPECIAL EVENTS 205526 142837 48178 14511 BAD DEBTS 187218 187218 172424 160298 12126 83453002 77438121 4772901 1241980 5712 4282 7354874 1734198 5732354 6534217 585776 750416 3372146 3089849 1613368 964008 127383406 54137396 63198300 73246010 110258702 134460958 13003119 13394878 2861316 3066463 207985667 237245279 6765066 9835323 1114750 1243777 18700000 40700000 8000000 8400000 3500000 4625000 3555816 2772799 41635632 67576899 X 34718823 33061325 66347250 70334229 65283962 66272826 166350035 169668380 207985667 237245279 3338106 -19761 X false true X true true true X 9488573 10638467 10713410 8459414 8111069 47410933 9488573 10638467 10713410 8459414 8111069 47410933 47410933 3681114 3585264 3917867 3099443 3682077 17965765 65376698 69745525 0.72520 0.71030 X SUPPLEMENTAL INFORMATION SCHEDULE A, PART II, LINES 8 AND 10 - EXCLUDES THE GAIN/LOSS ON SALE OF SECURITIES AND OTHER CAPITAL ASSETS. X DECORATION false 120712604 970352 8673469 5718977 635607 124001841 111888764 2718751 12366590 5595334 666167 120712604 114761906 3989929 -674346 5475229 713496 111888764 116462048 4319649 -7982 5200898 810911 114761906 102679827 4171533 15432861 5002907 819266 116462048 0.52300 0.47700 true false 2389360 2389360 105943280 37694481 68248799 1435168 421405 1013763 17615598 16021510 1594088 73246010 ALTERNATIVE INVESTMENTS 13394878 F 13394878 LIFE INCOME OBLIGATIONS 1406032 REFUNDABLE GOV LOAN PGM 1366767 2772799 54016129 -19761 -418664 -438425 54454554 635607 31700947 32336554 86791108 50697784 -418664 -418664 51116448 635607 31700947 32336554 83453002 SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS ARE INVESTED TO PROVIDE MAXIMUM RETURN WITHIN COLLEGE RISK TOLERANCES. ANNUAL DRAWS ARE USED TO SUPPORT STUDENT SCHOLARSHIPS AND OTHER COLLEGE OPERATIONAL NEEDS. SCHEDULE D, PAGE 4, PART XI, LINE 2D EXPENSES NET TO INCOME ON RETURN 67,556 REVENUE OFFSETS NET TO EXPENSE ON RETURN -486,220 SCHEDULE D, PAGE 4, PART XI, LINE 4B SCHOLARSHIPS NET TO REVENUE ON AFS 31,700,947 SCHEDULE D, PAGE 4, PART XII, LINE 2D EXPENSES NET TO INCOME ON RETURN 67,556 REVENUE OFFSETS NET TO EXPENSE ON RETURN -486,220 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS NET TO REV ON AFS 31,700,947 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE RACIALLY NONDISCRIMINATION POLICY FOR ALMA COLLEGE IS INCLUDED IN INFORMATION PROVIDED TO STUDENTS, PROSPECTIVE STUDENTS, PARENTS, AND THE COMMUNITY. SCHEDULE E, LINE 6 ALMA COLLEGE RECEIVES FEDERAL AID FOR STUDENTS, SUCH AS PELL GRANTS, SEOG GRANTS, AND PERKINS LOANS. SCHEDULE E ALMA COLLEGE RECEIVES FEDERAL FINANCIAL AID FOR STUDENTS, SUCH AS PELL GRANTS, SEOG GRANTS, AND PERKINS LOANS. true EUROPE PROGRAM SERVICES STUDY ABROAD (18) 227123 EAST ASIA AND PACIFIC PROGRAM SERVCIES STUDY ABROAD (4) 24009 SOUTH AMERICA PROGRAM SERVICES STUDY ABROAD (4) 9150 260282 260282 false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 3 EUROPE 227,123 0 EAST ASIA AND PACIFIC 24,009 0 SOUTH AMERICA 9,150 0 true SCHOLARSHIPS AND AWARDS 1359 31700947 SCHEDULE I, PAGE 1, PART I, LINE 2 A LIST OF RECIPIENTS OF SCHOLARSHIPS IS ON FILE AT THE COLLEGE AND IS AVAILABLE ON REQUEST. ALTHOUGH THERE MAY BE RECIPIENTS WHO ARE RELATED PERSONS HAVING AN INTEREST IN THE COLLEGE, SUCH RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELEY DETERMINED BASIS WITH OTHER RECIPIENTS. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS ARE JUDGED WORTHY BY THE COLLEGE'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER STANDARDS. APPROXIMATELY 1,359 STUDENTS RECEIVED 28,434,105 IN INSTITUTIONAL SCHOLARSHIPS AND 507,598 IN OTHER FINANCIAL AID. X true false X X X false false false false false false false false false DR JEFFREY ABERNATHY PRESIDENT 277909 20200 17155 313965 MR MATTHEW VANDENBERG VP ADVANCEMENT 169714 12981 16941 198551 MR MICHAEL SELMON PROVOST 151825 12695 26333 189752 A MFA 2017 MULTI-MODAL REVENUE BOND 381359083 2017-05-01 18700000 REFUND DEBT, RENOVATE DORM false false false B MFA 2017A MULTI-MODAL REVENUE BOND 381359083 2017-12-18 22000000 RESIDENCE HALL RENOVATIONS false false false A 18700000 374950 18166502 158548 2017 false true false true B 22000000 100618 3363208 18536174 false false false true A false false false false false false true B false false false false false false true A false true false false false false false false true B false true false false false false false false true A true B true GRANGER CONSTRUCTION COMPANY TRUSTEE 527868 CONSTRUCTION MANAGER false HATCHER AGENCY TRUSTEE 12000 BENEFIT ADVISOR false FMV X 1 558726 FMV false true true SCHEDULE M, PAGE 1, PART I, LINE 32B STOCK DONATIONS THAT ARE RECEIVED ARE DEPOSITED WITH THE COLLEGE'S INVESTMENT CUSTODIAN FOR IMMEDIATE SALE IN THE OPEN MARKET. FORM 990, PAGE 1, PART I, LINE 6 APPROXIMATELY 650 STUDENTS PROVIDE VARIOUS VOLUNTEER SERVICES TO THE COLLEGE, IN ADDITION TO APPROXIMATELY 50 COMMUNITY VOLUNTEERS. FORM 990, PAGE 6, PART VI, LINE 2 DOUG GROSS ELIZABETH PARKINSON TRUSTEE TRUSTEE IN-LAWS FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE FORM 990 AND 990T IS PROVIDED TO AND REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO FILING. THE RETURN IS AVAILABLE FOR THE FULL BOARD TO REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C EACH YEAR ALL BOARD OF TRUSTEE MEMBERS, EXECUTIVE STAFF MEMBERS, AND KEY EMPLOYEES ARE REQUIRED TO SIGN A WRITTEN STATEMENT NOTING ANY CONFLICT OF INTEREST DEALINGS. THESE SIGNED CONFLICT OF INTEREST STATEMENTS ARE REVIEWED ANNUALLY BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. IF A POTENTIAL CONFLICT IS DISCLOSED, THAT PERSON WILL BE ASKED TO ABSTAIN FROM ANY DECISION-MAKING RELATING TO THE DISCLOSED CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF TRUSTEE EXECUTIVE COMMITTEE, ALONG WITH INPUT FROM THE FULL BOARD OF TRUSTEES, ANNUALLY DETERMINES THE COMPENSATION FOR THE COLLEGE PRESIDENT. COMPENSATION AMOUNTS ARE BASED UPON MANY FACTORS, SUCH AS THE SKILLS AND EXPERIENCE OF THE PRESIDENT AND COMPARABLE COMPENSATION LEVELS PROVIDED BY PEER INSTITUTIONS. FORM 990, PAGE 6, PART VI, LINE 15B THE PRESIDENT OF THE COLLEGE, WITH INPUT FROM THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, ANNUALLY DETERMINE THE COMPENSATION FOR THE PROVOST, CHIEF OPERATING OFFICER, CHIEF FINANCIAL OFFICER, AND OTHER VICE- PRESIDENTS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 EXPENSES NET TO INCOME ON RETURN 67,556 REVENUE OFFSETS NET TO EXPENSE ON RETURN -486,220 SCHOLARSHIPS NET TO REVENUE ON AFS -31,700,947 EXPENSES NET TO INCOME ON RETURN -67,556 REVENUE OFFSETS NET TO EXPENSE ON RETURN 486,220 SCHOLARSHIPS NET TO REV ON AFS 31,700,947 PERPETUAL TRUSTS (6) TRUSTS MI N/A TRUST false CHARITABLE REMAINDER TRUSTS (3) CRUTS MI N/A TRUST false false false false false false false false false false false false false false false false false false false false