CHAMPLAIN COLLEGE INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- CHAMPLAIN COLLEGE INC (EIN 03-0220266)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-05-15
- IRS object ID
- 201721359349303607
- Schema version
- 2015v3.0
- 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 K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-15T10:34:29-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Financial Plaza | AddressLine1Txt |
| City | Hartford | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 061032608 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030220266 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHAMPLAIN COLLEGE INCORPORATED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SHELLEY NAVARI | InCareOfNm |
| Business Name Control | CHAM | BusinessNameControlTxt |
| Phone | 8028602700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 163 SOUTH WILLARD STREET | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHELLEY NAVARI | PersonNm |
| Person Title | VP OF FINANCE | PersonTitleTxt |
| Phone | 8028656405 | PhoneNum |
| Signature | 2017-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY-EVELYN ANTONETTI | PreparerPersonNm |
| PTIN | P00431862 | PTIN |
| Phone | 8605223200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SHELLEY L NAVARI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 163 SOUTH WILLARD STREET | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $126,900,640 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CHAMPLAIN.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1878 | FormationYr |
| Legal Domicile State | VT | LegalDomicileStateCd |
| Activity Or Mission | CHAMPLAIN COLLEGE IS A PRIVATE BACCALAUREATE INSTITUTION DEDICATED TO EDUCATING ITS STUDENTS TO BECOME SKILLED PRACTITIONERS, EFFECTIVE PROFESSIONALS, (SEE SCH O) | ActivityOrMissionDesc |
| Voting Members Governing Body | 29 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 1896 | TotalEmployeeCnt |
| Total Volunteers | 33 | TotalVolunteersCnt |
| Total Gross UBI | $506,734 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$223,175 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,649,994 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,670,185 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $99,160,038 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $114,712,222 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,927,379 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,331,702 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,760,569 | PYOtherRevenueAmt |
| CY Other Revenue | $1,813,485 | CYOtherRevenueAmt |
| PY Total Revenue | $106,497,980 | PYTotalRevenueAmt |
| CY Total Revenue | $120,527,594 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $23,232,844 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $30,623,793 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $42,988,904 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $47,264,556 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,496,687 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $36,126,883 | PYOtherExpensesAmt |
| CY Other Expenses | $36,789,348 | CYOtherExpensesAmt |
| PY Total Expenses | $102,348,631 | PYTotalExpensesAmt |
| CY Total Expenses | $114,677,697 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,149,349 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,849,897 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $193,069,485 | TotalAssetsBOYAmt |
| Total Assets EOY | $195,140,768 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $66,235,025 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $64,287,921 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $126,834,460 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $130,852,847 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CHAMPLAIN COLLEGE IS A PRIVATE, BACCALAUREATE INSTITUTION DEDICATED TO EDUCATING ITS STUDENTS TO BECOME SKILLED PRACTITIONERS, EFFECTIVE PROFESSIONALS, (SEE SCH O) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $74,775,005 | ExpenseAmt |
| Grant | $30,492,855 | GrantAmt |
| Revenue | $78,403,348 | RevenueAmt |
| Desc | UNDERGRADUATE PROGRAM- THE COLLEGE HAS FIVE UNDERGRADUATE ACADEMIC DIVISIONS, INCLUDING BUSINESS, COMMUNICATION & CREATIVE MEDIA, EDUCATION & HUMAN STUDIES, INFORMATION TECHNOLOGY & SCIENCES, AND CORE. WITHIN THE UNDERGRADUATE DIVISIONS, THE COLLEGE HAS SEVEN CENTERS OF EXCELLENCE INCLUDING BRING YOUR OWN BUSINESS, THE CENTER FOR FINANCIAL LITERACY, THE PATRICK LEAHY CENTER FOR DIGITAL INVESTIGATION, THE EMERGENT MEDIA CENTER, THE CHAMPLAIN COLLEGE PUBLISHING INITIATIVE, THE GAME STUDIO AND THE DAVID L. COOPERRIDER CENTER FOR APPRECIATIVE INQUIRY. CHAMPLAINS CENTERS OF EXCELLENCE ON-CAMPUS LEARNING CENTERS IN STUDIO-LIKE ENVIRONMENTS IN WHICH STUDENTS ACROSS MAJORS WORK ON PROFESSIONAL PROJECTS PUT CHAMPLAINS STUDENTS CLASSROOM KNOWLEDGE TO THE TEST THROUGH PRACTICAL APPLICATION ON REAL PROJECTS. THE COLLEGE CURRENTLY HAS OVER 2,200 TRADITIONAL UNDERGRADUATE STUDENTS ENROLLED IN EDUCATIONAL PROGRAMS WHICH LEAD TO ASSOCIATE AND BACHELOR DEGREES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $12,268,219 | ExpenseAmt |
| Grant | $130,938 | GrantAmt |
| Revenue | $18,219,693 | RevenueAmt |
| Desc | GRADUATE AND CONTINUING PROFESSIONAL STUDIES- THE MISSION OF CHAMPLAINS GRADUATE STUDIES IS TO PROVIDE CURRENT AND ASPIRING PROFESSIONALS WITH INNOVATIVE PROGRAMS THAT EMBRACE REFLECTIVE LEARNING, EXPAND PROFESSIONAL EXPERTISE, INSPIRE CREATIVE AND CRITICAL THINKING, AND INFUSE THE JOY OF LIFELONG LEARNING. THE COLLEGE HAS TWELVE GRADUATE PROGRAMS, OFFERING MASTER DEGREES IN BUSINESS ADMINISTRATION, EMERGENT MEDIA, DIGITAL FORENSIC MANAGEMENT, DIGITAL FORENSIC SCIENCE, MANAGING INNOVATION & IT, INFORMATION SECURITY OPERATIONS, MEDIATION & APPLIED CONFLICT STUDIES, LAW, HEALTHCARE MANAGEMENT, EXECUTIVE LEADERSHIP AND EARLY CHILDHOOD EDUCATION. ADDITIONALLY, THE COLLEGE HAS BEGUN THE PROCESS OF TEACHING OUT THE MS IN DIGITAL FORENSIC MANAGEMENT AND THE MS IN MANGING INNOVATION & IT. THE COLLEGE HAS A PROSPERING DIVISION OF CONTINUING PROFESSIONAL STUDIES (CPS) THAT OFFERS ADULT ONLINE DEGREE PROGRAMS IN FIELDS WITH HIGH EMPLOYMENT GROWTH AND A GENERAL EDUCATION CURRICULUM DESIGNED TO ENHANCE PROFESSIONAL SKILLS. CPS PROGRAMS ARE TAILORED TO THE NEEDS OF AN ADULT STUDENT POPULATION; THEY TAKE INTO ACCOUNT THE VALUE OF PRIOR EDUCATION AND PROFESSIONAL EXPERIENCES AS WELL AS MORE LIFE PERSPECTIVES. CPS ALSO HOUSES THE COLLEGES TRU-ED PROGRAM. TRUED IS A BOLD REIMAGING OF WORKFORCE DEVELOPMENT THAT CREATES OPPORTUNITIES FOR ADULTS TO FURTHER THEIR EDUCATION IN CHAMPLAIN COLLEGES AWARD-WINNING ONLINE ACADEMIC PROGRAMS AND BRINGS EASY-TO-DEPLOY, TALENT MANAGEMENT SOLUTIONS TO EMPLOYERS. THROUGH STRATEGIC ALLIANCES WITH LEADING ORGANIZATIONS IN GOVERNMENT AND INDUSTRY, CHAMPLAIN COLLEGE ONLINE DELIVERS AN AFFORDABLE, ACCESSIBLE AND IMMEDIATELY APPLICABLE TO HIGHER EDUCATION TO HELP EMPLOYEES GAIN THE SKILLS AND KNOWLEDGE NEEDED TO ENHANCE THEIR CAREERS AND ACHIEVE THEIR ORGANIZATIONS BUSINESS OBJECTIVES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $11,102,022 | ExpenseAmt |
| Revenue | $18,223,008 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES- RESIDENTIAL LIFE AT CHAMPLAIN COLLEGE INCLUDES 19 TRADITIONAL RESIDENCE HALLS AND 7 APARTMENT STYLE HOUSING COMPLEXES, EACH WITH DISTINCTIVE ARCHITECTURAL FEATURES. EACH RESIDENCE HAS A COMMUNITY-ORIENTED ATMOSPHERE. THIS SETTING HELPS CREATE MUCH CLOSER AND LONGER-LASTING RELATIONSHIPS, SOMETHING THAT DIFFERENTIATES CHAMPLAIN. AT CHAMPLAIN, YOULL FIND VICTORIAN-ERA MANSIONS WITH CURVED STAIRCASES, CAREFULLY RESTORED WOODWORK AND EXPANSIVE WINDOWS LOOKING OUT OVER LAKE CHAMPLAIN AND THE ADIRONDACK MOUNTAINS. A CORNERSTONE OF THE COLLEGES MASTER PLAN IS TO HOUSE 90% OF THE COLLEGES STUDENT BODY ON CAMPUS. CHAMPLAIN BELIEVES THAT PROVIDING HOUSING ENABLES THE COLLEGE TO PROVIDE STUDENTS WITH A MORE WELL-ROUNDED EDUCATIONAL EXPERIENCE. THE COLLEGE OPERATES A CONFERENCE AND EVENT CENTER WHICH OFFERS A VENUE FOR SPECIAL EVENTS, MEETINGS AND CONFERENCES. ADDITIONALLY, THE COLLEGES BOOK STORE AND FOOD SERVICE IS OFFERED FOR THE STUDENTS (PRIMARILY FOR THE RESIDENTIAL CAMPUS COMMUNITY). | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $98,145,246 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 211 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1896 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | EI | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 29 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VT | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHELLEY NAVARI | PersonNm |
| Phone | 8028602700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 163 SOUTH WILLARD STREET | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05401 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (48 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| NICOLE CARIGNAN | ||||||||
| TRUSTEE 4/8/2016 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT BOTJER | ||||||||
| TRUSTEE (ROTATED OFF) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| GEORGE BURRILL | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| JON WETTSTEIN | ||||||||
| TRUSTEE 4/8/2016 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT CARPENTER | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| TOM CULLINS | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| LAURA DAGAN | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MOLLY DILLON | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| RICK DAVIS | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MARY EVSLIN | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| JOAN GIGNOUX | ||||||||
| TRUSTEE (ROTATED OFF) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES KITTREDGE | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| NEALE LUNDERVILLE | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| DALE METZ | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL METZ | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| EMILY MORROW | ||||||||
| TRUSTEE (ROTATED OFF) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MARK NEAGLEY | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| JUDY O'CONNELL | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MARY POWELL | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| PETER STERN | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL SULLIVAN | ||||||||
| TRUSTEE (ROTATED OFF) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| RICH TARRANT | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| DAVID STILLER | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| SARAH TISCHLER | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| TERENCE BREEN | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| MARGUERITE DIBBLE | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL BOARDMAN | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| KENNETH PALM | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| DONALD J LAACKMAN | ||||||||
| PRESIDENT | 40.0 | Yes (X) | $447,486 | $0 | $74,068 | Yes (X) | ||
| LISA GROENEVELD | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| CATHERINE MORGAN | ||||||||
| TRUSTEE (ROTATED OFF) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| JULIE SNOW | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| JANE SWIFT | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| DAVID WINSLOW | ||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| DAVID PROVOST | ||||||||
| SENIOR VICE PRESIDENT | 40.0 | $389,250 | $0 | $65,825 | Yes (X) | |||
| SHELLEY NAVARI | ||||||||
| TREASURER | 40.0 | $189,911 | $0 | $23,241 | Yes (X) | |||
| KATHERINE HAWLEY | ||||||||
| VICE PRESIDENT/SECRETARY | 40.0 | $193,441 | $0 | $32,844 | Yes (X) | |||
| LAURIE QUINN | ||||||||
| Chief Academic Officer/PROVOST | 40.0 | $238,513 | $0 | $47,281 | Yes (X) | |||
| LESLIE AVERILL | ||||||||
| VICE PRESIDENT | 40.0 | $201,483 | $0 | $37,751 | Yes (X) | |||
| MARY LEE | ||||||||
| VICE PRESIDENT | 40.0 | $202,686 | $0 | $43,322 | Yes (X) | |||
| CATHERINE O'ROURKE | ||||||||
| VICE PRESIDENT | 40.0 | $227,878 | $0 | $29,312 | Yes (X) | |||
| JAYSON BOYERS | ||||||||
| VICE PRESIDENT | 40.0 | $188,764 | $0 | $31,751 | Yes (X) | |||
| LYNNE BALLARD | ||||||||
| ASSOCIATE PROVOST | 40.0 | $177,830 | $0 | $36,960 | Yes (X) | |||
| JAMES CROSS | ||||||||
| ASSOCIATE PROVOST | 40.0 | $152,629 | $0 | $24,443 | Yes (X) | |||
| PAULA WILLOQUET-MARICONDI | ||||||||
| DEAN | 40.0 | $159,810 | $0 | $24,848 | Yes (X) | |||
| LINDSEY GODWIN | ||||||||
| DIRECTOR AND PROFESSOR | 40.0 | $172,065 | $0 | $19,931 | Yes (X) | |||
| DEAN LAWSON | ||||||||
| PROFESSOR | 40.0 | $152,892 | $0 | $32,269 | Yes (X) | |||
| ROBIN ABRAMSON | ||||||||
| FORMER PROVOST | 40.0 | $130,422 | $0 | $37,784 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,225,060 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $561,630 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 52 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JANITECH | |||||
| 158 BRENTWOOD DRIVE 7 | COLCHESTER | VT | 05446 | CUSTODIAL | $475,193 |
| CBMVT LLC | |||||
| PO BOX 3417 | BURLINGTON | VT | 05408 | CUSTODIAL | $643,288 |
| NCS PEARSON INC | |||||
| 13036 COLLECTION CENTER DRIVE | CHICAGO | IL | 60693 | CONSULTANT | $709,546 |
| SODEXO | |||||
| 9801 WASHINGTON BLVD | GAITHERSBURG | MD | 20878 | FOOD SERVICE MGMT | $3,975,971 |
| XEROX BUSINESS SERVICES | |||||
| PO BOX 201322 | DALLAS | TX | 75320 | CONSULTANT | $896,878 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 12 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Government Grants | $605,066 | GovernmentGrantsAmt |
| All Other Contributions | $2,065,119 | AllOtherContributionsAmt |
| Noncash Contributions | $27,875 | NoncashContributionsAmt |
| Total Contributions | $2,670,185 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611710 | $96,623,041 | $96,623,041 |
| DORMITORY AND DINING FEES | 721310 | $18,034,127 | $18,034,127 |
| BOOKSTORE RECEIPTS | 451211 | $55,054 | $55,054 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $114,712,222 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,414,148 | TotalRevenueColumnAmt |
| Exclusion | $1,414,148 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $100,900 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $100,900 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $100,900 | TotalRevenueColumnAmt |
| Exclusion | $100,900 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,785,917 | SecuritiesAmt |
| Other | $2,504,683 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,184,053 | SecuritiesAmt |
| Other | $2,188,993 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$398,136 | SecuritiesAmt |
| Other | $315,690 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$82,446 | TotalRevenueColumnAmt |
| Exclusion | -$82,446 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | BusinessBusinessCd | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| CONFERENCE & EVENT CENTER | $518,891 | $12,157 | $506,734 | ||
| PARKING FEES | $121,670 | $121,670 | 480000 | ||
| OTHER INCOME | $1,072,024 | 900099 | $1,072,024 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,712,585 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $120,527,594 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $114,846,049 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $506,734 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,504,626 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,459,943 | TotalAmt |
| Program Services | $30,459,943 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,850 | TotalAmt |
| Program Services | $163,850 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,494,229 | TotalAmt |
| Program Services | $839,748 | ProgramServicesAmt |
| Management And General | $1,310,265 | ManagementAndGeneralAmt |
| Fundraising | $344,216 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,907,149 | TotalAmt |
| Program Services | $28,735,433 | ProgramServicesAmt |
| Management And General | $4,722,572 | ManagementAndGeneralAmt |
| Fundraising | $449,144 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,612,282 | TotalAmt |
| Program Services | $2,228,105 | ProgramServicesAmt |
| Management And General | $354,636 | ManagementAndGeneralAmt |
| Fundraising | $29,541 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,674,694 | TotalAmt |
| Program Services | $4,675,258 | ProgramServicesAmt |
| Management And General | $892,149 | ManagementAndGeneralAmt |
| Fundraising | $107,287 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,576,202 | TotalAmt |
| Program Services | $2,072,170 | ProgramServicesAmt |
| Management And General | $451,184 | ManagementAndGeneralAmt |
| Fundraising | $52,848 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,499 | TotalAmt |
| Management And General | $175,499 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,969 | TotalAmt |
| Management And General | $128,969 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,184 | TotalAmt |
| Management And General | $145,184 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $244,759 | TotalAmt |
| Program Services | $244,530 | ProgramServicesAmt |
| Fundraising | $229 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $933,473 | TotalAmt |
| Program Services | $885,134 | ProgramServicesAmt |
| Management And General | $48,339 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,833,471 | TotalAmt |
| Program Services | $1,086,262 | ProgramServicesAmt |
| Management And General | $718,779 | ManagementAndGeneralAmt |
| Fundraising | $28,430 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,861,016 | TotalAmt |
| Management And General | $1,861,016 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,508,786 | TotalAmt |
| Program Services | $6,508,786 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,049,402 | TotalAmt |
| Program Services | $743,015 | ProgramServicesAmt |
| Management And General | $227,934 | ManagementAndGeneralAmt |
| Fundraising | $78,453 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,520,503 | TotalAmt |
| Program Services | $1,452,067 | ProgramServicesAmt |
| Management And General | $54,749 | ManagementAndGeneralAmt |
| Fundraising | $13,687 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,136,612 | TotalAmt |
| Program Services | $3,979,177 | ProgramServicesAmt |
| Management And General | $1,056,512 | ManagementAndGeneralAmt |
| Fundraising | $100,923 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $684,443 | TotalAmt |
| Program Services | $270,572 | ProgramServicesAmt |
| Management And General | $413,871 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MEAL EXPENSES | $3,308,594 | $3,308,594 | ||
| CONTRACTUAL SERVICES | $2,771,868 | $2,211,192 | $491,121 | $69,555 |
| STUDENT ACTIVITIES/ACADEMIC SU | $2,363,601 | $2,104,653 | $258,948 | |
| RENOVATION & OTH PROJECTS | $1,990,504 | $1,990,504 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,132,664 | TotalAmt |
| Program Services | $4,186,253 | ProgramServicesAmt |
| Management And General | $1,724,037 | ManagementAndGeneralAmt |
| Fundraising | $222,374 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,677,697 | TotalAmt |
| Program Services | $98,145,246 | ProgramServicesAmt |
| Management And General | $15,035,764 | ManagementAndGeneralAmt |
| Fundraising | $1,496,687 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,695,785 | BOYAmt |
| EOY | $12,357,895 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,573,139 | BOYAmt |
| EOY | $4,947,176 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $703,846 | BOYAmt |
| EOY | $1,377,415 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,711,899 | BOYAmt |
| EOY | $2,695,138 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,947,966 | BOYAmt |
| EOY | $2,158,631 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $174,168,288 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $46,489,016 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,106,245 | BOYAmt |
| EOY | $127,679,272 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,850,818 | BOYAmt |
| EOY | $37,065,255 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,191,780 | BOYAmt |
| EOY | $5,031,858 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,288,007 | BOYAmt |
| EOY | $1,828,128 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,069,485 | BOYAmt |
| EOY | $195,140,768 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,004,314 | BOYAmt |
| EOY | $6,943,799 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,236,918 | BOYAmt |
| EOY | $7,754,926 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,799,361 | BOYAmt |
| EOY | $46,494,642 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $554,882 | BOYAmt |
| EOY | $486,340 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,639,550 | BOYAmt |
| EOY | $2,608,214 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,235,025 | BOYAmt |
| EOY | $64,287,921 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $96,340,707 | BOYAmt |
| EOY | $103,092,255 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,022,919 | BOYAmt |
| EOY | $11,921,608 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,470,834 | BOYAmt |
| EOY | $15,838,984 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,834,460 | BOYAmt |
| EOY | $130,852,847 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,069,485 | BOYAmt |
| EOY | $195,140,768 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,849,897 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$832,934 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$412,767 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$585,809 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,522,146 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,869,616 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,444,618 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,649,994 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,670,185 | CurrentTaxYearAmt |
| Total | $28,156,559 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,522,146 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,869,616 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,444,618 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,649,994 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,670,185 | CurrentTaxYearAmt |
| Total | $28,156,559 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $9,353,454 | SubstantialContributorsTotAmt |
| Public Support Total170 | $18,803,105 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $992,831 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,141,994 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,301,277 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,949,437 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,515,048 | CurrentTaxYearAmt |
| Total | $6,900,587 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $23,843 | CurrentTaxYearMinus3YearsAmt |
| Total | $23,843 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $706,191 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $704,587 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $870,577 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,163,864 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,205,851 | CurrentTaxYearAmt |
| Total | $4,651,070 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $39,732,059 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $476,714,256 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.47325 | PublicSupportCY170Pct |
| Public Support PY170 | 0.50234 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,244,196 | BeginningYearBalanceAmt |
| Contributions | $1,778,052 | ContributionsAmt |
| Investment Earnings Or Losses | -$13,891 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $391,884 | GrantsOrScholarshipsAmt |
| Other Expenditures | $201,984 | OtherExpendituresAmt |
| End Year Balance | $17,414,489 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,613,080 | BeginningYearBalanceAmt |
| Contributions | $1,880,019 | ContributionsAmt |
| Investment Earnings Or Losses | $312,036 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $407,767 | GrantsOrScholarshipsAmt |
| Other Expenditures | $153,172 | OtherExpendituresAmt |
| End Year Balance | $16,244,196 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,080,417 | BeginningYearBalanceAmt |
| Contributions | $2,211,041 | ContributionsAmt |
| Investment Earnings Or Losses | $1,790,600 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $346,474 | GrantsOrScholarshipsAmt |
| Other Expenditures | $122,504 | OtherExpendituresAmt |
| End Year Balance | $14,613,080 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,187,201 | BeginningYearBalanceAmt |
| Contributions | $273,970 | ContributionsAmt |
| Investment Earnings Or Losses | $1,021,383 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $324,042 | GrantsOrScholarshipsAmt |
| Other Expenditures | $78,095 | OtherExpendituresAmt |
| End Year Balance | $11,080,417 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,634,361 | BeginningYearBalanceAmt |
| Contributions | $210,941 | ContributionsAmt |
| Investment Earnings Or Losses | -$214,253 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $295,437 | GrantsOrScholarshipsAmt |
| Other Expenditures | $148,411 | OtherExpendituresAmt |
| End Year Balance | $10,187,201 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.02890 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.71490 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.25620 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,006,650 | OtherCostOrOtherBasisAmt |
| Book Value | $4,006,650 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $155,026,069 | OtherCostOrOtherBasisAmt |
| Depreciation | $36,322,834 | DepreciationAmt |
| Book Value | $118,703,235 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $386,302 | OtherCostOrOtherBasisAmt |
| Depreciation | $302,603 | DepreciationAmt |
| Book Value | $83,699 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,862,317 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,247,361 | DepreciationAmt |
| Book Value | $2,614,956 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,886,950 | OtherCostOrOtherBasisAmt |
| Depreciation | $616,218 | DepreciationAmt |
| Book Value | $2,270,732 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $127,679,272 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| U.S. GOVERNMENT GRANTS | $1,665,669 |
| LIAB. UNDER TRUST AND ANNUITY | $942,545 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,608,214 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $90,690,221 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$832,934 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$29,004,439 | OtherRevenueAmt |
| Revenue Not Reported | -$29,837,373 | RevenueNotReportedAmt |
| Revenue Subtotal | $120,527,594 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $120,527,594 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $86,130,424 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $2,076,520 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,076,520 | ExpensesNotReportedAmt |
| Expenses Subtotal | $84,053,904 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $30,623,793 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $30,623,793 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $114,677,697 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4 | THE CHAMPLAIN COLLEGE ENDOWMENT CONSISTS OF APPROXIMATELY 57 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. A MAJORITY OF THE FUNDS PROVIDE FINANCIAL AID FOR STUDENTS, ACADEMIC SUPPORT FOR PROGRAMS AND FACILITIES, AND STUDENT SERVICE PROGRAM SUPPORT. THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. BASED ON THE POLICIES ADOPTED, THE BOARD OF TRUSTEES MAY APPROVE AND DISTRIBUTE UP TO 5% OF THE VALUE OF THE FUNDS ANNUALLY. THE VALUE OF THE FUNDS IS THE AVERAGE YEAR END VALUE OF THE FUND FOR THE PREVIOUS THREE CALENDAR YEARS. |
| PART X, LINE 2 | FIN 48 (ASC740) THE COLLEGE IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(a) OF THE CODE. ASC 740, INCOME TAXES, PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. ASC 740 PERMITS AN ENTITY TO RECOGNIZE THE BENEFIT AND REQUIRES ACCRUAL OF AN UNCERTAIN TAX POSITIONS WHEN THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IN THE EVENT OF AN EXAMINATION BY THE TAX AUTHORITIES. THE COLLEGE HAS NO EXAMINATION IN PROGRESS AND BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 2D | REVENUE IN FINANCIAL STATEMENTS NOT ON RETURN CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS $ (8,302) SWAP VALUATION $ (786,554) CHANGE IN ALLOWANCE FOR CONTRIBUTIONS RECEIVABLE $ 209,047 FINANCIAL AID $(31,858,216) FOREIGN ENTITIES $ 3,439,586 ____________ $(29,004,439) |
| PART XII, LINE 2D | EXPENSES IN FINANCIAL STATEMENTS NOT IN RETURN FOREIGN ENTITIES $ 2,076,520 |
| PART XII, LINE 4B | EXPENSES IN RETURN PRESENTED IN NET REVENUE ON THE FINANCIAL STATEMENTS FINANCIAL AID EXCLUDING FOREIGN ENTITIES $30,623,793 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | CHAMPLAIN ENDEAVORS TO BE A DIVERSE AND WELCOMING COMMUNITY AND INVITES APPLICATIONS FROM MEMBERS OF ANY GROUP THAT HAS HISTORICALLY BEEN UNDERREPRESENTED. THE COLLEGE ASSURES EQUAL EDUCATION AND EMPLOYMENT OPPORTUNITY AND PROHIBITS DISCRIMINATION ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, GENDER, RELIGION, SEXUAL ORIENTATION, AGE, OR DISABILITY. THIS POLICY IS INCLUDED IN THE FACULTY HANDBOOK, COLLEGE CATALOGS, THE HUMAN RESOURCE WEBSITE, JOB POSTINGS, AND APPLICATION FORMS. |
| PART I, LINE 6A | THE COLLEGE RECEIVES FEDERAL STUDENT AID FROM THE DEPARTMENT OF EDUCATION. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (11 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| Europe (Including Iceland and Greenland) | Program Services | FOREIGN CAMPUS INVEST | $614,280 |
| Europe (Including Iceland and Greenland) | Program Services | STUDY ABROAD | $133,660 |
| East Asia and the Pacific | Program Services | STUDY ABROAD | $206,651 |
| South America | Program Services | STUDY ABROAD | $102,192 |
| South Asia | Program Services | STUDY ABROAD | $16,700 |
| North America | Program Services | FOREIGN CAMPUS INVEST | $1,213,848 |
| East Asia and the Pacific | Program Services | FINANCIAL AID | $37,350 |
| Europe (Including Iceland and Greenland) | Program Services | FINANCIAL AID | $66,750 |
| Middle East and North Africa | Program Services | FINANCIAL AID | $27,250 |
| North America | Program Services | FINANCIAL AID | $4,500 |
| Russia and the Newly Independent States | Program Services | FINANCIAL AID | $28,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $2,451,181 | SubtotalSpentAmt |
| Total Spent | $2,451,181 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (5 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|---|
| FINANCIAL AID | North America | 1 | $4,500 |
| FINANCIAL AID | East Asia and the Pacific | 5 | $37,350 |
| FINANCIAL AID | Europe (Including Iceland and Greenland) | 6 | $66,750 |
| FINANCIAL AID | Russia and the Newly Independent States | 1 | $28,000 |
| FINANCIAL AID | Middle East and North Africa | 7 | $27,250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | MONITORING THE USE OF GRANT FUNDS OUTSIDE THE U.S. THE COLLEGE OFFERS FINANCIAL ASSISTANCE, IN THE FORM OF GRANTS AND SCHOLARSHIPS, TO INTERNATIONAL STUDENTS. IN ORDER TO QUALIFY FOR THE ASSISTANCE, A STUDENT MUST BE ENROLLED FULL-TIME, MUST HAVE ACHIEVED A SATISFACTORY GRADE POINT AVERAGE, AND MUST HAVE DEMONSTARTED FINANCIAL NEED. ALL GRANTS AND SCHOLARSHIPS TO STUDENTS ARE AWARDED BASED ON NEED AND CONFORM TO FEDERAL, STATE AND INSTITUTIONAL REGULATIONS. THE COLLEGE HAS PROCEDURES IN PLACE FOR MONITORING GRANTS TO ENSURE PROPER COMPLIANCE. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| INSTITUTIONAL SCHOLARSHIPS - UNDERGRADUATE | 2269 | $30,024,355 |
| SEOG FINANCIAL AID | 805 | $304,650 |
| INSTITUTIONAL SCHOLARSHIPS - GRADUATE | 30 | $130,938 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | MONITORING THE USE OF GRANT FUNDS IN THE U.S. CHAMPLAIN OFFERS BOTH MERIT AID AND NEED-BASED AID. MERIT SCHOLARSHIPS ARE RENEWED ANNUALLY PROVIDED THE STUDENT IS ENROLLED FULL-TIME AND MEETS ALL ACADEMIC STANDARDS. NEED-BASED SCHOLARSHIPS ARE RENEWED ANNUALLY BASED ON FINANCIAL NEED; THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) FORM MUST BE COMPLETED IN ORDER TO BE CONSIDERED FOR THESE AWARDS. THE FINANCIAL AID OFFICE MONITORS STUDENTS TO ENSURE CONTINUED ELIGIBILITY FOR THE TYPE OF AID THEY ARE RECEIVING. AT THE END OF EACH SEMESTER (FALL, SPRING, SUMMER), EVERY FINANCIAL AID RECIPIENTS PROGRESS IS REVIEWED BY THE OFFICE OF FINANCIAL AID. STUDENTS ARE MEASURED USING BOTH QUALITATIVE AND QUANTITATIVE STANDARDS. THE PURPOSE OF THIS REVIEW IS TO MEASURE WHETHER A STUDENT IS MAKING SATISFACTORY ACADEMIC PROGRESS TOWARDS GRADUATION. THESE STANDARDS APPLY TO ALL TYPES OF FINANCIAL AID: FEDERAL, STATE AND INSTITUTIONAL AID. STUDENTS WHO FAIL TO MEET THE SATISFACTORY ACADEMIC PROGRESS REQUIREMENTS MAY BECOME INELIGIBLE TO RECEIVE FINANCIAL AID UNTIL THEY ARE IN COMPLIANCE WITH THESE REQUIREMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID PROVOST | ||||||||||||||
| SENIOR VICE PRESIDENT | $277,010 | $0 | $107,500 | $0 | $4,740 | $0 | $44,500 | $0 | $21,325 | $0 | $455,075 | $0 | $0 | $0 |
| SHELLEY NAVARI | ||||||||||||||
| TREASURER | $155,984 | $0 | $32,000 | $0 | $1,927 | $0 | $19,109 | $0 | $4,132 | $0 | $213,152 | $0 | $0 | $0 |
| KATHERINE HAWLEY | ||||||||||||||
| VICE PRESIDENT/SECRETARY | $159,304 | $0 | $32,000 | $0 | $2,137 | $0 | $24,206 | $0 | $8,638 | $0 | $226,285 | $0 | $0 | $0 |
| ROBIN ABRAMSON | ||||||||||||||
| FORMER PROVOST | $105,435 | $0 | $0 | $24,987 | $0 | $14,865 | $0 | $22,919 | $0 | $168,206 | $0 | $0 | $0 | |
| LAURIE QUINN | ||||||||||||||
| Chief Academic Officer/PROVOST | $182,540 | $0 | $54,000 | $0 | $1,973 | $0 | $24,567 | $0 | $22,714 | $0 | $285,794 | $0 | $0 | $0 |
| LESLIE AVERILL | ||||||||||||||
| VICE PRESIDENT | $158,367 | $0 | $41,000 | $0 | $2,116 | $0 | $19,259 | $0 | $18,492 | $0 | $239,234 | $0 | $0 | $0 |
| LYNNE BALLARD | ||||||||||||||
| ASSOCIATE PROVOST | $165,020 | $0 | $0 | $0 | $12,810 | $0 | $25,463 | $0 | $11,497 | $0 | $214,790 | $0 | $0 | $0 |
| JAMES CROSS | ||||||||||||||
| ASSOCIATE PROVOST | $149,718 | $0 | $0 | $0 | $2,911 | $0 | $15,255 | $0 | $9,188 | $0 | $177,072 | $0 | $0 | $0 |
| MARY LEE | ||||||||||||||
| VICE PRESIDENT | $157,656 | $0 | $42,500 | $0 | $2,530 | $0 | $18,248 | $0 | $25,074 | $0 | $246,008 | $0 | $0 | $0 |
| PAULA WILLOQUET-MARICONDI | ||||||||||||||
| DEAN | $156,514 | $0 | $0 | $0 | $3,296 | $0 | $15,910 | $0 | $8,938 | $0 | $184,658 | $0 | $0 | $0 |
| DONALD J LAACKMAN | ||||||||||||||
| PRESIDENT | $346,350 | $0 | $87,500 | $0 | $13,636 | $0 | $26,500 | $0 | $47,568 | $0 | $521,554 | $0 | $0 | $0 |
| CATHERINE O'ROURKE | ||||||||||||||
| VICE PRESIDENT | $186,454 | $0 | $27,900 | $0 | $13,524 | $0 | $21,574 | $0 | $7,738 | $0 | $257,190 | $0 | $0 | $0 |
| LINDSEY GODWIN | ||||||||||||||
| DIRECTOR AND PROFESSOR | $171,805 | $0 | $0 | $0 | $260 | $0 | $17,431 | $0 | $2,500 | $0 | $191,996 | $0 | $0 | $0 |
| JAYSON BOYERS | ||||||||||||||
| VICE PRESIDENT | $112,535 | $0 | $75,000 | $0 | $1,229 | $0 | $19,172 | $0 | $12,579 | $0 | $220,515 | $0 | $0 | $0 |
| DEAN LAWSON | ||||||||||||||
| PROFESSOR | $146,130 | $0 | $0 | $0 | $6,762 | $0 | $9,329 | $0 | $22,940 | $0 | $185,161 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1 | BENEFITS ACCORDING TO THE COLLEGE'S WRITTEN CONTRACT WITH THE PRESIDENT, THE PRESIDENTS COMPANION SHALL ONLY BE REIMBURSED WHEN EXPENSES ARE INCURRED WHILE CONDUCTING THE BUSINESS OF THE COLLEGE. AS A CONDITION OF EMPLOYMENT, THE COLLEGE REQUIRES THAT THE PRESIDENT LIVE IN THE PRESIDENTIAL RESIDENCE LOCATED ON THE COLLEGE CAMPUS. THESE AMOUNTS ARE INCLUDED IN COLUMN (D) AS A NON-TAXABLE BENEFIT. ACCORDING TO THE COLLEGE'S WRITTEN CONTRACT WITH THE PRESIDENT, THE COLLEGE MAY REIMBURSE THE PRESIDENT FOR HEALTH/SOCIAL CLUB DUES, WHICH IS ALSO INCLUDED IN THE INDIVIDUAL'S W-2. ADDITIONALLY, THE SENIOR VICE PRESIDENT ALSO RECEIVES REIMBURSEMENT OF HEALTH CLUB DUES AND IT IS ALSO INCLUDED IN THE INDIVIDUAL'S W-2. THE COLLEGE MAY PROVIDE HOUSING ARRANGEMENTS TO NEW OFFICERS OF THE COLLEGE UPON HIRE ON A TEMPORARY BASIS. THE DIFFERENCE BETWEEN RENT PAID BY THE OFFICER AND THE FAIR MARKET VALUE OF RENTING A SIMILAR FACILITY IN THE SAME AREA IS TAXABLE TO THE INDIVIDUAL AND INCLUDED ON THEIR W-2. |
| PART I, LINE 3 | COMPENSATION SEE SCHEDULE O |
| PART I, LINE 7 | NON-FIXED PAYMENTS THE BONUSES FOR ALL OFFICERS AND KEY EMPLOYEES ARE DETERMINED BY THE COMPENSATION COMMITTEE AND ARE DISCRETIONARY. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| VEHBFA (SERIES 2009) | |||||||
| A | 237154467 | 2009-06-09 | $12,000,000 | CONSTRUCTION | false | false | false |
| VEHBFA (SERIES 2010A) | |||||||
| B | 237154467 | 2010-12-13 | $8,971,117 | REFUND 2003 BONDS | false | false | false |
| VEHBFA (SERIES 2010B) | |||||||
| C | 237154467 | 2010-12-13 | $4,000,000 | CONSTRUCTION | false | false | false |
| VEHBFA (SERIES 2011A) | |||||||
| D | 237154467 | 2011-12-09 | $7,700,000 | CONSTRUCTION | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $6,926,730 | $0 | $12,000,000 | $0 | $0 | $0 | $155,000 | $0 | $0 | $11,845,000 | $0 | $0 | 2011 | false | false | Yes (true) | Yes (true) |
| B | $2,257,272 | $0 | $8,971,117 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8,971,117 | $0 | 2004 | Yes (true) | false | Yes (true) | Yes (true) |
| C | $589,354 | $0 | $4,000,000 | $0 | $0 | $0 | $80,000 | $0 | $0 | $3,920,000 | $0 | $0 | 2011 | false | false | Yes (true) | Yes (true) |
| D | $1,913,718 | $0 | $7,700,000 | $0 | $0 | $0 | $120,000 | $0 | $0 | $7,580,000 | $0 | $0 | 2013 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | false | false | 0 | 0.00018 | 0.00018 | false | false | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | false | 0 | 0.03241 | 0.03241 | false | false | false | Yes (true) |
| C | false | false | Yes (true) | false | false | 0.00658 | 0.00658 | false | false | false | Yes (true) | |
| D | false | false | Yes (true) | false | false | 0 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 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 | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TD BANK | |||||||||||||
| A | false | false | false | Yes (true) | Yes (true) | Yes (true) | 10. | false | false | false | 0 | false | Yes (true) |
| TD BANK | |||||||||||||
| B | false | false | false | Yes (true) | Yes (true) | Yes (true) | 10. | false | false | false | 0 | false | Yes (true) |
| KEY BANK | |||||||||||||
| C | false | false | false | Yes (true) | Yes (true) | Yes (true) | 10. | false | false | false | 0 | false | Yes (true) |
| TD BANK | |||||||||||||
| D | false | false | false | Yes (true) | Yes (true) | Yes (true) | 15. | false | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
| C | false |
| D | false |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 3A | THE COLLEGE ENTERS INTO JANITORIAL AND VENDING SERVICE CONTRACTS FOR ALL CAMPUS BUILDINGS INCLUDING RESIDENTIAL, ACADEMIC, AND ADMINISTRATIVE BUILDINGS. THESE SERVICES ARE DEEMED INCIDENTAL FOR PRIVATE BUSINESS USE CONSIDERATIONS. THE COLLEGE HAS ENGAGED LEGAL COUNSEL TO REVIEW THIRD PARTY FOOD MANAGEMENT SERVICE CONTRACTS TO ENSURE THEY MEET THE SAFE HARBOR REQUIREMENTS. AS A RESULT, THESE CONTRACTS DO NOT YIELD PRIVATE BUSINESS USE. THE COLLEGE ALSO ENTERS INTO A BOOKSTORE MANAGEMENT SERVICE CONTRACT WHICH DOES NOT MEET THE SAFE HARBOR REQUIREMENTS AND THEREFORE RESULTS IN PRIVATE BUSINESS USE. |
| PART III, LINE 4 AND LINE 5 | PRIVATE BUSINESS USE IS PRIMARILY GENERATED FROM THE COLLEGE'S UNRELATED BUSINESS ACTIVITIES DERIVED FROM THE EVENT CENTER AND CONTRACTS RECEIVED THROUGH THE CENTERS OF EXCELLENCE. |
| PART IV, LINE 2C | BOND REBATE CALCULATIONS WERE PERFORMED ON FOLLOWING DATES. BOND A - 06/03/2015 |
| PART II, LINE 11, BOND B | |
| PART V |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| VEHBFA (SERIES 2013A) | |||||||
| A | 237154467 | 2013-05-29 | $18,000,000 | CONSTRUCTION | false | false | false |
| VEHBFA (SERIES 2014A & SERIES 2014B) | |||||||
| B | 237154467 | 2014-07-30 | $12,500,000 | CONSTRUCTION | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $3,600,000 | $0 | $18,000,000 | $0 | $0 | $0 | $0 | $0 | $0 | $18,000,000 | $0 | $0 | 2014 | false | false | Yes (true) | Yes (true) |
| B | $1,389,401 | $0 | $12,500,000 | $0 | $0 | $0 | $0 | $0 | $0 | $12,500,000 | $0 | $0 | 2015 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | false | false | 0 | 0.01071 | 0.01071 | false | false | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | false | 0 | 0.03156 | 0.03156 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 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 | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MERCHANTS BANK | |||||||||||||
| A | false | false | false | Yes (true) | Yes (true) | Yes (true) | 15. | false | false | false | 0 | false | Yes (true) |
| 0 | |||||||||||||
| B | false | Yes (true) | false | false | Yes (true) | false | false | 0 | false | Yes (true) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| JANITECH | |||
| OWNER OF COMPANY- FMR TRU | $533,847 | CUSTODIAL SERVICES | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $4,416,613 | FOOD SERVICE | false |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 9 | ContributionCnt |
| Noncash Contributions Rpt F990 | $27,875 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | NUMBER OF CONTRIBUTIONS AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I AND III, LINE 1 | ORGANIZATION'S MISSION AND GLOBAL CITIZENS. CHAMPLAIN COLLEGE ENDEAVORS TO BE A LEADER IN EDUCATING TODAY'S STUDENTS TO BECOME SKILLED PRACTITIONERS, EFFECTIVE PROFESSIONALS AND ENGAGED GLOBAL CITIZENS. CHAMPLAIN'S AGILE AND ENTREPRENEURIAL APPROACH TO HIGHER EDUCATION UNIQUELY BLENDS TECHNOLOGY LEADERSHIP, MARKET SAVVY, INNOVATION AND FISCAL RESPONSIBILITY WITH A COMMITMENT TO LIBERAL LEARNING, COMMUNITY INVOLVMENT AND "THE HUMAN TOUCH." THIS DISTINCTIVE APPROACH PERMEATES THE DELIVERY OF RELEVANT, RIGOROUS STUDENT-CENTERED PROGRAMS IN BUSINESS, ARTS, APPLIED TECHNOLOGY, AND PUBLIC SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE SENIOR ACCOUNTANT AT THE COLLEGE IS RESPONSIBLE FOR GATHERING AND DRAFTING THE INFORMATION TO POPULATE THE FORM 990 IN CONJUNCTION WITH KPMG LLP, INDEPENDENT ACCOUNTANTS. ONCE THE DRAFT IS COMPLETED IT IS REVIEWED BY THE ASSISTANT TREASURER. THE FORM 990 IS THEN REVIEWED IN DETAIL WITH THE TREASURER AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE THEN MAKES A MOTION TO APPROVE AND BRING FORWARD THE FORM 990 TO THE FULL BOARD OF TRUSTEES. AFTER AUDIT COMMITTEE APPROVAL, THE COLLEGE ELECTRONICALLY DISTRIBUTES, VIA THE BOARD BOOK, A COMPLETE COPY OF ITS FORM 990 TO EACH MEMBER OF THE GOVERNING BODY FOR THEIR REVIEW, PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COLLEGE HAS A STATEMENT OF POLICY REGARDING CONFLICT OF INTEREST FOR THE BOARD OF TRUSTEES, OFFICERS, AND KEY EMPLOYEES. ATTACHED TO THE CONFLICT OF INTEREST STATEMENT IS A SCHEDULE OF ALL TRUSTEE, OFFICER AND/OR KEY EMPLOYEES OF THE COLLEGE, AND INDIVIDUALS AND ENTITIES WHO HAVE OR HAVE HAD KEY BUSINESS RELATIONSHIPS WITH THE COLLEGE (E.G., INVESTMENT MANAGERS, LENDERS, OTHER FINANCIAL INSTITUTIONS, KEY VENDORS PROVIDING EITHER GOODS OR SERVICES TO THE COLLEGE.) UPON JOINING THE BOARD OF TRUSTEES AND ANNUALLY THEREAFTER, EACH MEMBER OF THE BOARD MUST REVIEW THE SCHEDULE AND COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. THE CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. IF ANY CONFLICT OF INTEREST EXISTS BY A VOTING MEMBER OF THE COMMITTEE OR BOARD OF TRUSTEES, THEY SHALL NOT BE ALLOWED TO VOTE ON ANY SUCH MATTER PERTAINING TO CONFLICT. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE BY THE TRUSTEE NOT VOTING. |
| FORM 990, PART VI, SECTION B, LINES 15A AND 15B | COMPENSATION POLICY THE COMPENSATION COMMITTEE (THE COMMITTEE) WILL ANNUALLY REVIEW THE REASONABLENESS OF COMPENSATION LEVELS OF ALL OFFICERS ON A POSITION-BY-POSITION BASIS. THE COMMITTEE IS INDEPENDENT AND FREE FROM CONFLICT OF INTEREST. THE COMMITTEE REVIEWS THE NATURE AND SCOPE OF EACH POSITION AND ASSESSES THE BASIS FOR WHICH COMPENSATION IS TO BE PAID TO THE INDIVIDUAL. THE COMMITTEE DETERMINES COMPENSATION FOR ALL OFFICERS, EXCEPT THE PRESIDENT, UPON RECEIPT OF WRITTEN PERFORMANCE REVIEWS AND "VALID MARKET DATA". THE PRESIDENT REVIEWS EACH OFFICERS PERFORMANCE FOR THE PRIOR YEAR AND SUBMITS A COMPENSATION RECOMMENDATION TO THE COMMITTEE BASED ON A COMBINATION OF "VALID MARKET DATAINDIVIDUAL PERFORMANCE. "VALID MARKET DATA" IS DETERMINED USING THE FOLLOWING METHOD: 1.1 DETERMINE THE LIST OF OVERLAP INSTITUTIONS - IDENTIFY OTHER PRIVATE COLLEGES THAT HAVE A HIGH NUMBER OF APPLICANT OVERLAPS WITH CHAMPLAIN. THIS DATA IS FROM THE NATIONAL STUDENT CLEARINGHOUSE, WHICH TRACKS THE COLLEGES TO WHICH STUDENTS APPLY AND ULTIMATELY CHOOSE TO ATTEND. 1.2 USING IRS TAX RETURN DATA (VIA GUIDESTAR), FIND THE MOST RECENT REPORT IDENTIFYING THE MOST HIGHLY COMPENSATED EMPLOYEES AT OVERLAP INSTITUTIONS. 1.3 ADJUST THE REPORTED SALARIES AND BENEFITS BY A PERCENTAGE TO MAKE THEM ROUGHLY COMPARABLE TO CURRENT SALARY DATA. THIS INFLATION FACTOR IS DERIVED FROM NATIONALLY REPORTED HIGHER EDUCATION AVERAGE PAY HIKES IN PAST YEARS. BOTH THE BASE YEAR COMPENSATION, AS WELL AS THE ADJUSTED SALARY, ARE REPORTED BACK TO THE COMMITTEE. 1.4 PROVIDE THE COMMITTEE WITH COMPARISONS OF CHAMPLAIN SALARY AND BENEFITS TO OVERLAP OTHER INSTIUTIONS ON A POSITION-BY-POSITION BASIS NARRATIVE INFORMATION WILL BE PROVIDED, IF SIMLIARLY TITLED POSITIONS AT OTHER INSTITUTIONS ARE KNOWN TO DIFFER IN SCOPE OF RESPONSIBILITY. THE CHAIR AND VICE CHAIR OF THE BOARD OF TRUSTEES ANNUALLY CONDUCT A PERFORMANCE REVIEW OF THE PRESIDENT. THIS REVIEW, COMBINED WITH THE "VALID MARKET DATA" DESCRIBED ABOVE, IS DISCUSSED AND CONSIDERED BY THE COMMITTEE WHEN ARRIVING AT THE PRESIDENT'S ANNUAL COMPENSATION PACKAGE. THE DECISIONS OF THE COMMITTEE ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF EACH MEETING. THE COMPENSATION PROCEDURES OF THE COLLEGE MEET THE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION. |
| FORM 990, PART VI, SECTION C, LINE 19 | PUBLIC DISCLOSURE POLICY THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO POSTED ON WWW.GUIDESTAR.ORG. |
| FORM 990, PART XI, LINES 8 AND 9 | OTHER CHANGES IN NET ASSETS Line 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS ($8,302) SWAP VALUATION ($786,554) CHANGE IN CONTRIBUTION ALLOWANCE FOR DOUBTFUL ACCOUNTS $209,047 ___________ TOTAL ($585,809) |
| FORM 990, PART VIII, LINE 7, OTHER | THE COLLEGE PURCHASED THE ETHAN ALLEN CLUB ON DECEMBER 16, 2008 FOR $2.65M WITH THE INTENTION OF DEVELOPING THE PROPERTY FOR STUDENT HOUSING. OBTAINING PERMITS TO DEVELOP THE PROPERTY COMBINED WITH A COMMUNITY NEED FOR THE PROPERTY LED THE COLLEGE TO DIVEST THE PROPERTY ON AUGUST 20, 2015 FOR $2.5M WHEN THE BOOK VALUE WAS $2.18M. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEGE CHAMPLAIN DU VERMONT | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 525 SHERBROOK STREET EAST | AddressLine1Txt |
| City | MONTREAL | CityNm |
| Province Or State | QUEBEC | ProvinceOrStateNm |
| Country | CA | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 999999999 | EIN |
| Primary Activities | EDUCATIONAL | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | CA | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHAMPLAIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Legal Domicile StateLegalDomicileStateCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHAMPLAIN COLLEGE DUBLIN LIMITED | |||||||||||||
| 43 LOWER LEESON STREET | DUBLIN | IRELAND | EI | 999999999 | EDUCATIONAL | EI | CHAMPLAIN | C CORP | -$65,720 | $47,339 | 1.00000 | Yes (true) | |
| CHARITABLE REMAINDER TRUSTS (8) | |||||||||||||
| 999999999 | CHARITABLE TR | NA | TRUST | false | VT | ||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| COLLEGE CHAMPLAIN DU VERMONT | ||
| D | $1,213,848 | FMV |
| CHAMPLAIN COLLEGE DUBLIN LIMITED | ||
| D | $614,280 | FMV |
| COLLEGE CHAMPLAIN DU VERMONT | ||
| R | $613,001 | FMV |
| CHAMPLAIN COLLEGE DUBLIN LIMITED | ||
| R | $987,750 | FMV |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 1 COLUMN (D) | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS A NON-PROFIT ORGANIZATION DESCRIBED IN PARAGRAPH 149(1)(I) OF THE INCOME TAX ACT OF CANADA AND IS EXEMPT FROM TAX. | ExplanationTxt |