2019-05-10T08:19:43-05:00 2018-06-30 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2017-07-01 042103701 AMERICAN INTERNATIONAL COLLEGE AMER 4137377000 1000 STATE STREET SPRINGFIELD MA 011093151 CHRISTOPHER GARRITY VICE PRESIDENT FOR FINANCE 4137377000 2019-03-08 1 DAVID A DIIULIS P00303577 6174711120 2019-03-08 108.7.66.186 2019-03-08 14:05:11 ES P 1B2E1A561AFFFD3BBF97976B10C59320AC83D664 95B8FFD26F64C979AB64DC3012DA71CC75ECBA82 2017 2019-02-21 02:37:17Z CHRISTOPHER GARRITY 1000 STATE STREET SPRINGFIELD MA 011093151 82811246 0 X WWW.AIC.EDU X 1885 MA THE MISSION OF AMERICAN INTERNATIONAL COLLEGE IS TO PREPARE STUDENTS FOR PERSONAL FULFILLMENT, PROFESSIONAL ACHIEVEMENT, AND CIVIC ENGAGEMENT THROUGH EDUCATIONAL EXPERIENCES THAT TRANSFORM LIVES. ACADEMIC PROGRAMS FOUNDED ON THE KNOWLEDGE,SKILLS, AND VALUES OF THE LIBERAL ARTS ENGAGE STUDENTS IN THEORY AND EMPHASIZE APPLIED LEARNING, WHILE PREPARING THEM FOR THE CHALLENGES AND OPPORTUNITIES PRESENTED IN THE GLOBAL ENVIRONMENT. COMMITTED TO THE INTRINSIC WORTH OF EACH INDIVIDUAL, AIC PREPARES STUDENTS FOR LIFE! 23 23 1215 50 0 0 2423528 2155542 77199112 78565203 237949 667979 1285886 1399915 81146475 82788639 27482901 27460161 0 0 26880158 26411866 0 0 648623 25184341 26624974 79547400 80497001 1599075 2291638 73079261 76200157 28573336 28885480 44505925 47314677 X THE MISSION OF AMERICAN INTERNATIONAL COLLEGE IS TO PREPARE STUDENTS FOR PERSONAL FULFILLMENT, PROFESSIONAL ACHIEVEMENT, AND CIVIC ENGAGEMENT THROUGH EDUCATIONAL EXPERIENCES THAT TRANSFORM LIVES. ACADEMIC PROGRAMS FOUNDED ON THE KNOWLEDGE,SKILLS, AND VALUES OF THE LIBERAL ARTS ENGAGE STUDENTS IN THEORY AND EMPHASIZE APPLIED LEARNING, WHILE PREPARING THEM FOR THE CHALLENGES AND OPPORTUNITIES PRESENTED IN THE GLOBAL ENVIRONMENT. COMMITTED TO THE INTRINSIC WORTH OF EACH INDIVIDUAL, AIC PREPARES STUDENTS FOR LIFE! 0 0 59515296 27460161 78058846 HIGHER EDUCATION: PROGRAM SERVICE ACTIVITIES RELATED TO THE INSTITUTION'S EXEMPT PURPOSE OF PROVIDING EDUCATIONAL SERVICES TO APPROXIMATELY 3,300 STUDENTS INCLUDING SCHOLARSHIPS AND AWARDS OF $27,460,161, INSTRUCTIONAL SERVICES OF $18,122,806, STUDENT SERVICES OF $12,914,773, AND LIBRARY SERVICES OF $1,017,556. 3303305 1898668 HIGHER EDUCATION: AUXILIARY SERVICES ARE PROVIDED AS AN INTEGRAL PART OF THE COLLEGE. 62818601 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 110 0 1 1215 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X CHRISTOPHER GARRITY 4132053902 1000 STATE STREET SPRINGFIELD MA 011093151 DANIEL E DELLA-GIUSTINA TRUSTEE EMERITI 1.00 X 0 0 0 CRAWFORD LINCOLN TRUSTEE EMERITI 1.00 X 0 0 0 RONALD J ABDOW TRUSTEE 1.00 X 0 0 0 JAMES A CALHOUN TRUSTEE 1.00 X 0 0 0 MARGARET CLANCY-PACKENHAM TRUSTEE 1.00 X 0 0 0 B JOHN DILL TRUSTEE 1.00 X 0 0 0 SHAWN HARRINGTON TRUSTEE 1.00 X 0 0 0 GALE A KIRKWOOD TRUSTEE 1.00 X 0 0 0 JOHN V LOMBARDI TRUSTEE 1.00 X 0 0 0 MARVIN E MORRIS TRUSTEE 1.00 X 0 0 0 EARL T PRYCE TRUSTEE 1.00 X 0 0 0 MICHAEL D RAVOSA TRUSTEE 1.00 X 0 0 0 TIMOTHY J REGAN II TRUSTEE 1.00 X 0 0 0 K KEVIN SAREMI TRUSTEE 1.00 X 0 0 0 MATTHEW C SCHIMENTI TRUSTEE 1.00 X 0 0 0 THOMAS P TUNSTALL TRUSTEE 1.00 X 0 0 0 PETER J VOGIAN TRUSTEE 1.00 X 0 0 0 DANIEL J WARWICK TRUSTEE 1.00 X 0 0 0 MICHAEL D WEEKES TRUSTEE 1.00 X 0 0 0 E DAVID WILSON TRUSTEE 1.00 X 0 0 0 FRANK COLACCINO CHAIR 4.00 X X 0 0 0 A CRAIG BROWN ESQ TREASURER 1.00 X X 0 0 0 VINCENT MANIACI PRESIDENT 40.00 X 393315 0 58543 CHRISTOPHER GARRITY VICE PRESIDENT FOR FINANCE 40.00 X 133254 0 5913 NICOLLE CESTERO-SZEWCYK SENIOR VP OF HR & CHIEF OF STAFF 40.00 X 186334 0 8067 MARION ROYSTON CHIEF INFORMATION OFFICER 40.00 X 176150 0 8058 BRIAN J O'SHAUGHNESSY VICE PRESIDENT FOR STUDENT AFFAIRS 40.00 X 158833 0 6942 NICHOLAS YOUNG PHD DEAN FOR LOW RESIDENCY PROGRAMS 40.00 X 230277 0 7645 CHRISTINE MICHAEL DIRECTOR OF ED.D. PROGRAM 40.00 X 185748 0 9287 ROBERT COLE VP OF MARKETING & COMMUNICATIONS 40.00 X 136250 0 0 CESARINA THOMPSON FORMER DEAN OF HEALTH SCIENCES 40.00 X 175310 0 6574 DONOVAN BREUNIG FORMER VP OF INST. ADVANCEMENT 40.00 X 142117 0 0 1917588 0 111029 17 1 1 0 CHARTWELLS COMPASS GROUP USA PO BOX 417632 BOSTON MA 02241 FOOD SERVICES 4266061 C & W FACILITY SERVICES INC 4002 SOLUTIONS CENTER CHICAGO IL 60677 FACILITY SERVICES 4030833 KBE BUILDING CORPORATION 76 BATTERSON PARK ROAD FARMINTGON CT 06032 CONSTRUCTION SERVICES 2860086 K-12 TEACHERS ALLIANCE 20624 ABBEY WOODS CT FRANKFORT IL 60423 RECRUITMENT CONSULTING 2131188 GS4 SECURE SOLUTIONS 1395 UNIVERSITY BOULEVARD JUPITER FL 33458 SECURITY SERVICES 1489718 30 42675 1166601 946266 2155542 UNDERGRADUATE & GRADUATE TUITION 611310 68313101 68313101 RESIDENCE HALLS 611310 4924901 4924901 DINING COMMONS AND BOOKSTORE 611310 4820844 4820844 HEALTH SERVICES 611310 399422 399422 FOLLETT COMMISSIONS 611310 106935 106935 78565203 667979 667979 30211 42675 22607 7604 7604 MISCELLANEOUS REVENUE 611310 1392311 1392311 1392311 82788639 79957514 0 675583 27460161 27460161 1931086 791646 1139440 20084653 16551949 3176252 356452 2752876 2180547 528115 44214 1643251 1194577 423722 24952 254807 254807 165677 165677 3189 3189 3230641 890708 2339933 812203 812203 895636 569708 307196 18732 434105 143527 289920 658 6610279 1606790 4973949 29540 712922 613966 85849 13107 66515 63414 2065 1036 475222 358209 117013 3580241 2382950 1171444 25847 630663 116707 513956 DINING EXPENSE 3373309 3301682 67293 4334 MISCELLANEOUS 2366431 1855320 401360 109751 COMMISSIONS 2235648 2235648 SHUTTLE SERVICE PROGRAM 284385 284385 493101 216707 256394 20000 80497001 62818601 17029777 648623 5404079 3245253 328831 179456 432961 945647 11830 37096 54701 842559 702090 94447261 42886494 48038888 51560767 17994847 19500413 73079261 76200157 8021610 10173091 961636 1129316 19590090 17583073 28573336 28885480 X 31148001 33255661 2655353 3004924 10702571 11054092 44505925 47314677 73079261 76200157 X 2291638 498674 18440 X X 0 1 X 1 1 1 X 13357924 392719 908776 -600403 14059016 13516978 280273 1340305 -1779632 13357924 13132398 966890 -260888 -321422 13516978 14592231 646775 79558 -2186166 13132398 13250983 459515 1299606 417873 14592231 0.78630 0.21370 1 0 2249863 2249863 62620254 25020661 37599593 20865615 15107133 5758482 8711529 2758700 5952829 51560767 MONEY MARKET FUNDS 747604 F MUTUAL FUNDS 17949922 F INVESTMENTS HELD IN TRUST 802887 F 19500413 X 55887488 495485 22478 -27441721 -26923758 82811246 -22607 -22607 82788639 53078736 22478 22607 45085 53033651 27463350 27463350 80497001 PART V, LINE 4: THE INCOME GENERATED FROM THE ENDOWMENT FUNDS IS SPENT ACCORDING TO THE WISHES OF THE DONORS. SOME OF THE INCOME IS UNRESTRICTED, WHILE SOME OF THE INCOME IS RESTRICTED TO SPECIFIC PURPOSES SUCH AS SCHOLARSHIPS, PRIZES, ATHLETIC EXPENSES, AND GENERAL COLLEGE EXPENDITURES. 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 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 THAT STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. THE COLLEGE HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT MEETS THE QUALIFICATIONS TO BE CLASSIFIED AS A TAX-EXEMPT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES, THE COLLEGE MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST AGREEMENTS 37,276. CHANGE IN PENSION VALUATION -18,836. SCHOLARSHIP/GRANT EXPENSE -27,460,161. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -22,607. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 22,607. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP/GRANT EXPENSE 27,460,161. INVESTMENT MANAGEMENT FEES 3,189. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE RACIALLY NONDISCRIMINATORY POLICY TOWARDS STUDENTS IS PUBLISHED IN THE STUDENT HANDBOOK AND ON THE COLLEGE'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVED STUDENT RELATED FINANCIAL AID FROM THE DEPARTMENT OF EDUCATION. THE PROGRAMS THAT THE COLLEGE PARTICIPATES IN ARE FEDERAL PELL GRANTS, FEDERAL EDUCATION LOAN PROGRAM, FEDERAL PERKINS LOAN PROGRAM, FEDERAL WORK-STUDY PROGRAM, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, FEDERAL NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT GRANT, FEDERAL TEACH GRANT, TRIO SUPPORT SERVICES AND US DEPARTMENT OF HEALTH AND HUMAN SERVICES NURSING WORKFORCE DEVELOPMENT. GOLF TOURNAMENT 72886 42675 30211 22607 72886 42675 30211 22607 22607 7604 1 SCHOLARSHIPS FOR STUDENTS OF THE COLLEGE 1898 27460161 PART I, LINE 2: POLICIES AND PROCEDURES FOR DISBURSEMENTS ARE SET BY THE COLLEGE'S GOVERNING BOARD. INDIVIDUALS AND ORGANIZATIONS ARE ADEQUATELY INVESTIGATED TO INSURE THAT THEY ARE QUALIFYING RECIPIENTS. STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS. X 1 1 X X X X X X 0 0 0 1 0 0 0 0 0 VINCENT MANIACI PRESIDENT 351654 0 0 0 41661 0 53622 0 4921 0 451858 0 0 0 NICOLLE CESTERO-SZEWCYK SENIOR VP OF HR & CHIEF OF STAFF 186230 0 0 0 104 0 8067 0 0 0 194401 0 0 0 MARION ROYSTON CHIEF INFORMATION OFFICER 175970 0 0 0 180 0 8058 0 0 0 184208 0 0 0 BRIAN J O'SHAUGHNESSY VICE PRESIDENT FOR STUDENT AFFAIRS 158741 0 0 0 92 0 6942 0 0 0 165775 0 0 0 NICHOLAS YOUNG PHD DEAN FOR LOW RESIDENCY PROGRAMS 230277 0 0 0 0 0 7645 0 0 0 237922 0 0 0 CHRISTINE MICHAEL DIRECTOR OF ED.D. PROGRAM 185748 0 0 0 0 0 9287 0 0 0 195035 0 0 0 CESARINA THOMPSON FORMER DEAN OF HEALTH SCIENCES 174660 0 0 0 650 0 6574 0 0 0 181884 0 0 0 DONOVAN BREUNIG FORMER VP OF INST. ADVANCEMENT 142012 0 0 0 105 0 0 0 0 0 142117 0 0 0 PART I, LINE 5 BONUS AND/OR INCENTIVE BASED ON REVENUES. DOHERTY WALLACE PILLSBURY MURPHY PC CRAIG BROWN - TRUSTEE 176908 LEGAL SERVICES 0 FORM 990, PART VI, SECTION B, LINE 11B THE COLLEGE'S FORM 990 IS REVIEWED BY THE TRUSTEE AUDIT COMMITTEE AND IS SUBSEQUENTLY PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD OF TRUSTEES. THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE FOLLOWING SUCH REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL COLLEGE EMPLOYEES AND TRUSTEES AND IS POSTED ON THE COLLEGE'S INTRANET SITE FOR ALL EMPLOYEES AND TRUSTEES TO REVIEW. EACH TRUSTEE AND SENIOR ADMINISTRATIVE OFFICER EXECUTES A DECLARATION CONCERNING ANY CONFLICT OF INTEREST. THESE DECLARATIONS ARE FORWARDED TO THE CHAIRMAN OF THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE TRUSTEE EXECUTIVE COMMITTEE OF THE COLLEGE, (WHICH INCLUDES THE CHAIRMAN OF THE BOARD), CONDUCTS AN ANNUAL PERFORMANCE REVIEW AND EVALUATION OF SENIOR MANAGEMENT. THE COMMITTEE REVIEWS COMPENSATION DATA AT COMPARABLE INSTITUTIONS FOR ITS KEY EMPLOYEES AS PART OF THE PROCESS FOR DETERMINING COMPENSATION. MINUTES REGARDING DISCUSSION/DELIBERATIONS ARE MAINTAINED. THE LATEST COMPENSATION REVIEW WAS UNDERTAKEN IN THE LATTER PART OF FISCAL YEAR 2018. 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 WRITTEN REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PENSION VALUATION -18,836. CHANGE IN SPLIT INTEREST AGREEMENTS 37,276. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.