PAUL SMITHS COLLEGE OF ARTS AND SCIENCES: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- PAUL SMITHS COLLEGE OF ARTS AND SCIENCES (EIN 15-0533545)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-02-08
- IRS object ID
- 201730399349300018
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-02-08T09:58:28-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 364709572 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWLEY & HALLORAN CPAS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 WASHINGTON ST STE 100 | AddressLine1Txt |
| City | WATERTOWN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 136013343 | 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 | 150533545 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL SMITHS COLLEGE | BusinessNameLine1Txt |
| Business Name Line2 | OF ARTS AND SCIENCES | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PAUL | BusinessNameControlTxt |
| Phone | 5183276291 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 265 | AddressLine1Txt |
| City | PAUL SMITHS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 129700265 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTIN HANIFIN | PersonNm |
| Person Title | VP FINANCE AND ADMIN | PersonTitleTxt |
| Phone | 5183276201 | PhoneNum |
| Signature | 2017-02-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PAMELA J HALLORAN | PreparerPersonNm |
| PTIN | P00804150 | PTIN |
| Phone | 3157883140 | PhoneNum |
| Preparation | 2017-02-08 | PreparationDt |
| 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 | MARTIN HANIFIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 265 | AddressLine1Txt |
| City | PAUL SMITHS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12970 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $36,632,421 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PAULSMITHS.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1946 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | HIGHER EDUCATION: "THE REAL VALUE OF A PSC EDUCATION IS IN THE EMPHASIS ON NOT JUST LEARNING SOMETHING, BUT IN ACTUALLY DOING IT." THE PAUL SMITH'S COLLEGE COMMUNITY PROVIDES A DYNAMIC EDUCATIONAL ENVIRONMENT WHICH ENCOURAGES STUDENTS TO BE ACTIVELY ENGAGED IN THEIR OWN LEARNING EXPERIENCE BY FOSTERING CREATIVE, ETHICAL AND INTELLECTUAL GROWTH. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 841 | TotalEmployeeCnt |
| Total Volunteers | 125 | TotalVolunteersCnt |
| Total Gross UBI | $255,707 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$19,616 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,926,677 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,431,107 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $29,848,980 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $30,005,132 | CYProgramServiceRevenueAmt |
| PY Investment Income | $482,819 | PYInvestmentIncomeAmt |
| CY Investment Income | $260,841 | CYInvestmentIncomeAmt |
| PY Other Revenue | $815,922 | PYOtherRevenueAmt |
| CY Other Revenue | $761,038 | CYOtherRevenueAmt |
| PY Total Revenue | $39,074,398 | PYTotalRevenueAmt |
| CY Total Revenue | $35,458,118 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $10,629,675 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $10,685,488 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,732,903 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $12,314,158 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,259,356 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,501,966 | PYOtherExpensesAmt |
| CY Other Expenses | $14,060,340 | CYOtherExpensesAmt |
| PY Total Expenses | $35,864,544 | PYTotalExpensesAmt |
| CY Total Expenses | $37,059,986 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,209,854 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,601,868 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $79,210,340 | TotalAssetsBOYAmt |
| Total Assets EOY | $75,961,809 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $21,842,803 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $20,783,598 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $57,367,537 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $55,178,211 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | HIGHER EDUCATION: "THE REAL VALUE OF A PSC EDUCATION IS IN THE EMPHASIS ON NOT JUST LEARNING SOMETHING, BUT IN ACTUALLY DOING IT." THE PAUL SMITH'S COLLEGE COMMUNITY PROVIDES A DYNAMIC EDUCATIONAL ENVIRONMENT WHICH ENCOURAGES STUDENTS TO BE ACTIVELY ENGAGED IN THEIR OWN LEARNING EXPERIENCE BY FOSTERING CREATIVE, ETHICAL AND INTELLECTUAL GROWTH. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $24,972,983 | ExpenseAmt |
| Grant | $10,685,488 | GrantAmt |
| Revenue | $21,543,442 | RevenueAmt |
| Desc | POSTSECONDARY EDUCATION, GENERAL/OTHER: INSTRUCTION - TO PROVIDE HIGHER EDUCATION TO MEN AND WOMEN IN THE ARTS AND SCIENCES, WITH AUTHORITY TO CONFER THE DEGREES OF ASSOCIATES IN ARTS (AA), ASSOCIATES IN APPLIED SCIENCE (AAS) AND BACHELOR OF SCIENCE (BS) IN CONFORMITY WITH THE REGENTS OF NYS AND THE COMMISSIONER OF EDUCATION. APPROXIMATELY 878 STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,461,690 | ExpenseAmt |
| Revenue | $8,461,690 | RevenueAmt |
| Desc | POSTSECONDARY EDUCATION, GENERAL/OTHER: AUXILLIARY ENTERPRISES - THE OPERATION AND MAINTENANCE OF THE RESIDENCE HALLS, CAFETERIA AND CAMPUS STORE THAT SERVE THE STUDENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $33,434,673 | 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 | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | 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 | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 63 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 841 | 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 | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| 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 | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | 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 | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAURA ROZELL | PersonNm |
| Phone | 5183276226 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 265 | AddressLine1Txt |
| City | PAUL SMITHS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12970 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| E PHILLIP SAUNDERS | |||||||
| CHAIRMAN | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PATRICIA K DOWDEN | |||||||
| VICE CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DANIEL TESSONI PHD | |||||||
| TREASURER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANTHONY JOHNSON | |||||||
| SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STUART H ANGERT | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL E AVERY | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL M CANTWELL JR | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT CHUR | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL CIMINELLI | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER B FORRENCE | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT FOX | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY JO HUNT | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| PAULINE JENNETT | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| TODD E JONES | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| PIETER VC LITCHFIELD | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| DWAYNE MAHONEY | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID MAMMANO | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| ANGELA NOBLE-GRANGE | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID O'BRIEN | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN A PAGANELLI | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| FREDERICK G PIERCE II | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS ROGERS | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| NORA SULLIVAN | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH THORNDIKE PHD | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHARINE H WELLING | |||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANCINE WALKER | |||||||
| CO VICE CHAI | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CATHY DOVE | |||||||
| PRESIDENT | 40.00 | Yes (X) | $322,118 | $0 | $13,250 | ||
| F RAYMOND AGNEW | |||||||
| VP INST ADVA | 40.00 | Yes (X) | $170,871 | $0 | $8,709 | ||
| SHANNON OBORNE | |||||||
| CHIEF MARKET | 40.00 | Yes (X) | $125,700 | $0 | $2,136 | ||
| SUSAN SWEENEY | |||||||
| INT. VP FOR | 40.00 | Yes (X) | $113,613 | $0 | $5,903 | ||
| LAURA ROZELL | |||||||
| INT VP/CONTR | 40.00 | Yes (X) | $109,643 | $0 | $5,519 | ||
| STEVEN MCFARLAND | |||||||
| VP FOR CAPIT | 40.00 | Yes (X) | $102,228 | $0 | $5,183 | ||
| PETER BURNS | |||||||
| VP ENROLLMEN | 40.00 | Yes (X) | $75,688 | $0 | $3,784 | ||
| NICHOLAS HUNT-BULL | |||||||
| VP ACADEMIC | 40.00 | Yes (X) | $69,891 | $0 | $3,589 | ||
| RICHARD NELSON | |||||||
| VP ACADEMIC | 40.00 | Yes (X) | $69,026 | $0 | $3,579 | ||
| MATTHEW SCHUR | |||||||
| VP STUDENT A | 40.00 | Yes (X) | $59,806 | $0 | $2,826 | ||
| MARTIN HANIFIN | |||||||
| VP FINANCE A | 40.00 | Yes (X) | $52,205 | $0 | $2,630 | ||
| ERIC HOLMLUND | |||||||
| DEAN | 40.00 | $126,417 | $0 | $6,522 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,397,206 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $63,630 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | 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 |
|---|---|---|---|---|---|
| SODEXO OPERATIONS LLC | |||||
| PO BOX 360170 | PITTSBURGH | PA | 152516170 | FOOD/FACILITIES | $3,438,378 |
| EXCELLUS BLUE CROSS BLUE SHIELD | |||||
| PO BOX 5254 | BINGHAMTON | NY | 139025254 | MEDICAL INSURAN | $1,074,015 |
| HOMEENERGY SERVICES | |||||
| 33 DEPOT ST | SARANAC | NY | 12983 | HEATING | $724,423 |
| LUCK BUILDERS | |||||
| 73 TRADE ROAD | PLATTSBURGH | NY | 12901 | CONSTRUCTION | $579,964 |
| AMERICAN EXPRESS | |||||
| PO BOX 1270 | NEWARK | NJ | 071011270 | TRAVEL/CREDIT | $446,710 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 17 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,738,507 | GovernmentGrantsAmt |
| All Other Contributions | $2,692,600 | AllOtherContributionsAmt |
| Noncash Contributions | $120,573 | NoncashContributionsAmt |
| Total Contributions | $4,431,107 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| STUDENT TUITION AND FEES | $21,543,442 | $21,543,442 |
| AUXILIARY ENTERPRISES | $8,461,690 | $8,461,690 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $30,005,132 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $361,154 | TotalRevenueColumnAmt |
| Exclusion | $361,154 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $279,960 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $380,273 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$100,313 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$100,313 | TotalRevenueColumnAmt |
| Exclusion | -$100,313 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $1,093,299 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $794,030 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $299,269 | TotalRevenueColumnAmt |
| Exclusion | $299,269 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| CONFERENCE SERVICES | 561499 | $255,707 | $255,707 | |
| OTHER | $206,062 | $206,062 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $461,769 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,458,118 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $30,211,194 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $255,707 | UnrelatedBusinessRevenueAmt |
| Exclusion | $560,110 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,685,488 | TotalAmt |
| Program Services | $10,685,488 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,229,965 | TotalAmt |
| Management And General | $1,229,965 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,782,725 | TotalAmt |
| Program Services | $8,080,370 | ProgramServicesAmt |
| Management And General | $171,687 | ManagementAndGeneralAmt |
| Fundraising | $530,668 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $389,085 | TotalAmt |
| Program Services | $295,337 | ProgramServicesAmt |
| Management And General | $83,793 | ManagementAndGeneralAmt |
| Fundraising | $9,955 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,231,866 | TotalAmt |
| Program Services | $1,128,705 | ProgramServicesAmt |
| Management And General | $15,802 | ManagementAndGeneralAmt |
| Fundraising | $87,359 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $680,517 | TotalAmt |
| Program Services | $626,103 | ProgramServicesAmt |
| Management And General | $18,152 | ManagementAndGeneralAmt |
| Fundraising | $36,262 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,508 | TotalAmt |
| Program Services | $15,952 | ProgramServicesAmt |
| Management And General | $31,556 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,130 | TotalAmt |
| Management And General | $145,130 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,200 | TotalAmt |
| Management And General | $66,200 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,217 | TotalAmt |
| Management And General | $33,217 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $578,644 | TotalAmt |
| Program Services | $337,083 | ProgramServicesAmt |
| Management And General | $39,411 | ManagementAndGeneralAmt |
| Fundraising | $202,150 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $462,820 | TotalAmt |
| Program Services | $326,297 | ProgramServicesAmt |
| Management And General | $47,487 | ManagementAndGeneralAmt |
| Fundraising | $89,036 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $470,839 | TotalAmt |
| Program Services | $350,813 | ProgramServicesAmt |
| Management And General | $63,409 | ManagementAndGeneralAmt |
| Fundraising | $56,617 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,366,655 | TotalAmt |
| Program Services | $3,222,856 | ProgramServicesAmt |
| Management And General | $116,736 | ManagementAndGeneralAmt |
| Fundraising | $27,063 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $706,880 | TotalAmt |
| Program Services | $631,855 | ProgramServicesAmt |
| Management And General | $38,217 | ManagementAndGeneralAmt |
| Fundraising | $36,808 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,989 | TotalAmt |
| Program Services | $11,560 | ProgramServicesAmt |
| Management And General | $1,039 | ManagementAndGeneralAmt |
| Fundraising | $390 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $500,899 | TotalAmt |
| Program Services | $500,899 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,087,813 | TotalAmt |
| Program Services | $2,933,422 | ProgramServicesAmt |
| Management And General | $123,513 | ManagementAndGeneralAmt |
| Fundraising | $30,878 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $468,081 | TotalAmt |
| Program Services | $449,746 | ProgramServicesAmt |
| Management And General | $14,668 | ManagementAndGeneralAmt |
| Fundraising | $3,667 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT SERVICES | $2,525,148 | $2,374,638 | $30,543 | $119,967 |
| SUPPLIES/SMALL EQUIPMENT | $1,037,752 | $955,890 | $60,243 | $21,619 |
| MISCELLANEOUS | $308,706 | $266,600 | $35,189 | $6,917 |
| STUDENT ACTIVITIES | $281,954 | $281,954 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$40,895 | TotalAmt |
| Program Services | -$40,895 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,059,986 | TotalAmt |
| Program Services | $33,434,673 | ProgramServicesAmt |
| Management And General | $2,365,957 | ManagementAndGeneralAmt |
| Fundraising | $1,259,356 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $101,370 | BOYAmt |
| EOY | $692,426 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,083,122 | BOYAmt |
| EOY | $1,141,145 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,447,976 | BOYAmt |
| EOY | $1,411,082 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,080 | BOYAmt |
| EOY | $151,980 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $544,491 | BOYAmt |
| EOY | $616,262 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $92,857,695 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $46,358,826 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,177,226 | BOYAmt |
| EOY | $46,498,869 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,762,196 | BOYAmt |
| EOY | $24,630,087 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $938,879 | BOYAmt |
| EOY | $819,958 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,210,340 | BOYAmt |
| EOY | $75,961,809 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,869,797 | BOYAmt |
| EOY | $1,842,246 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $326,380 | BOYAmt |
| EOY | $232,151 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,670,815 | BOYAmt |
| EOY | $15,678,343 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,052,580 | BOYAmt |
| EOY | $1,319,366 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,923,231 | BOYAmt |
| EOY | $1,711,492 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,842,803 | BOYAmt |
| EOY | $20,783,598 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,884,532 | BOYAmt |
| EOY | $37,152,884 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,556,824 | BOYAmt |
| EOY | $2,839,428 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,926,181 | BOYAmt |
| EOY | $15,185,899 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,367,537 | BOYAmt |
| EOY | $55,178,211 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,210,340 | BOYAmt |
| EOY | $75,961,809 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,601,868 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$587,458 | NetUnrlzdGainsLossesInvstAmt |
| 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 |
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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,701,075 | BeginningYearBalanceAmt |
| Contributions | $258,563 | ContributionsAmt |
| Investment Earnings Or Losses | -$326,705 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,182,888 | OtherExpendituresAmt |
| End Year Balance | $25,450,045 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,251,883 | BeginningYearBalanceAmt |
| Contributions | $2,532,567 | ContributionsAmt |
| Investment Earnings Or Losses | $336,153 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,419,528 | OtherExpendituresAmt |
| End Year Balance | $26,701,075 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,290,171 | BeginningYearBalanceAmt |
| Contributions | $1,007,057 | ContributionsAmt |
| Investment Earnings Or Losses | $2,719,662 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $765,007 | OtherExpendituresAmt |
| End Year Balance | $25,251,883 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,720,403 | BeginningYearBalanceAmt |
| Contributions | $1,177,096 | ContributionsAmt |
| Investment Earnings Or Losses | $1,816,672 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $424,000 | OtherExpendituresAmt |
| End Year Balance | $22,290,171 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,556,660 | BeginningYearBalanceAmt |
| Contributions | $1,268,000 | ContributionsAmt |
| Investment Earnings Or Losses | $506,882 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $611,139 | OtherExpendituresAmt |
| End Year Balance | $19,720,403 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.29990 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.59670 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.10340 | 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 | $811,919 | OtherCostOrOtherBasisAmt |
| Book Value | $811,919 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $75,030,081 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,582,973 | DepreciationAmt |
| Book Value | $43,447,108 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,887,868 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,775,853 | DepreciationAmt |
| Book Value | $2,112,015 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $127,827 | OtherCostOrOtherBasisAmt |
| Book Value | $127,827 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $46,498,869 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| ASSET RETIREMENT OBLIGATION | $1,216,895 |
| FEDERAL STUDENT LOAN FUNDS | $411,615 |
| CHARITABLE GIFT ANNUITY | $73,790 |
| CAPITAL LEASE EQUIPMENT PAYMENTS | $9,192 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,711,492 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $35,664,690 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$587,458 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $794,030 | OtherRevenueAmt |
| Revenue Not Reported | $206,572 | RevenueNotReportedAmt |
| Revenue Subtotal | $35,458,118 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $35,458,118 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $37,854,016 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $794,030 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $794,030 | ExpensesNotReportedAmt |
| Expenses Subtotal | $37,059,986 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $37,059,986 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICES, APPROVED BY THE BOARD OF TRUSTEES, 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 THESE ENDOWMENT ASSETS OVER THE LONG-TERM. THE COLLEGE'S SPENDING AND INVESTMENT POLICIES WORK TOGETHER TO ACHIEVE THIS OBJECTIVE. THE INVESTMENT POLICY ESTABLISHES AN ACHIEVABLE RETURN OBJECTIVE THROUGH DIVERSIFICATION OF ASSET CLASSES. THE CURRENT LONG-TERM RETURN OBJECTIVE IS TO ACHIEVE A TOTAL RETURN (INCOME PLUS CAPITAL CHANGE, NET OF ALL INVESTMENT EXPENSES) EQUAL TO OR EXCEEDING ANY APPROVED DISTRIBUTION RATE, PLUS THE INFLATION RATE AS MEASURED BY THE CONSUMER PRICE INDEX. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE COLLEGE RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE COLLEGE TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES AN EMPHASIS ON U.S. EQUITY-BASED INVESTMENTS AND U.S. INTERMEDIATE-TERM DEBT SECURITIES TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK PARAMETERS. TTHE SPENDING POLICY CALCULATES THE AMOUNT OF MONEY ANNUALLY DISTRIBUTED FROM THE COLLEGE'S VARIOUS ENDOWED FUNDS, FOR SCHOLARSHIPS, PROGRAMS AND ADMINISTRATION. THE COLLEGE UTILIZES A TOTAL RETURN SPENDING RATE POLICY WHICH LIMITS THE AMOUNT OF INVESTMENT RETURN USED TO SUPPORT CURRENT OPERATIONS. THE LIMIT IS DETERMINED BY THE COLLEGE'S CURRENT BUDGETED AMOUNT TO BE SPENT FOR THE YEAR. UNDER THE TOTAL SPENDING POLICY, THE COLLEGE UTILIZED 680,000 AND 976,000 IN 2016 AND 2015, RESPECTIVELY. THIS EQUATES TO APPROXIMATELY 2.67% IN 2016 AND 3.66% IN 2015 OF THE FAIR VALUE OF THE ENDOWMENT FUNDS. ACCORDINGLY, OVER THE LONG TERM, THE COLLEGE EXPECTS ITS CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT ASSETS TO GROW AT AN AVERAGE RATE OF 3% ANNUALLY. THIS IS CONSISTENT WITH THE COLLEGE'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ENDOWMENT ASSETS AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH INVESTMENT RETURN. |
| SCHEDULE D, PAGE 3, PART X | FASB ASC 740, "INCOME TAXES", REQUIRES ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTIES IN THEIR TAX POSITION. TAX YEARS INCLUDING 2012 AND LATER ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES. AREAS THAT THE IRS AND STATE TAX AUTHORITIES CONSIDER WHEN EXAMINING TAX RETURNS OF A CHARITY INCLUDE, BUT MAY NOT BE LIMITED TO, TAX-EXEMPT STATUS AND THE EXISTENCE AND AMOUNT OF UNRELATED BUSINESS INCOME. THE COLLEGE DOES NOT BELIEVE THAT IT HAS ANY UNCERTAIN TAX POSITIONS WITH RESPECT TO THESE OR OTHER MATTERS, AND HAS NOT RECORDED ANY UNRECOGNIZED TAX BENEFITS OF LIABILITY FOR PENALTIES OR INTEREST. THE COLLEGE IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE DATE OF THESE FINANCIAL STATEMENTS. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | COST OF GOODS SOLD 794,030 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | COST OF GOODS SOLD 794,030 |
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 |
|---|---|
| SCHEDULE E, LINE 3 | NONDISCRIMINATORY POLICY IS AVAILABLE TO THE PUBLIC MEDIA |
| SCHEDULE E, LINE 6 | COLLEGE AWARDS FINANCIAL AID RECEIVED THROUGH GOVERNMENT TO STUDENTS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIP AID | GrantTypeTxt |
| Recipient | 910 | RecipientCnt |
| Cash Grant | $10,685,488 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE UTILIZES SYSTEMS DESIGNED FOR FINANCIAL AID TO STUDENTS AND MONITORS THE ACTIVITY AND USES OF FEDERAL, STATE, AND LOCAL GRANTS FUNDS WITH THE APPROPRIATE CRITERIA ON AN ONGOING BASIS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|
| CATHY DOVE | |||
| PRESIDENT | $322,118 | $13,250 | $335,368 |
| F RAYMOND AGNEW | |||
| VP INST ADVANCEMENT | $170,871 | $8,709 | $179,580 |
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 |
|---|---|---|---|---|---|---|---|
| COUNTY OF FRANKLIN IDA | |||||||
| A | 141763507 | 2007-06-28 | $9,340,000 | CAPITAL EXPENDITURES | false | false | false |
| COUNTY OF FRANKLIN IDA | |||||||
| B | 141763507 | 2011-02-24 | $10,000,000 | CONSTRUCTION PROJECT | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|
| A | 2007 | false | false | Yes (true) | Yes (true) |
| B | 2012 | 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 | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false |
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 | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
Schedule M IRS990ScheduleM
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $17,500 | NoncashContributionsRptF990Amt |
Boats And Planes BoatsAndPlanesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $8,910 | NoncashContributionsRptF990Amt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $89,063 | NoncashContributionsRptF990Amt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,100 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | HIGHER EDUCATION: "THE REAL VALUE OF A PSC EDUCATION IS IN THE EMPHASIS ON NOT JUST LEARNING SOMETHING, BUT IN ACTUALLY DOING IT." THE PAUL SMITH'S COLLEGE COMMUNITY PROVIDES A DYNAMIC EDUCATIONAL ENVIRONMENT WHICH ENCOURAGES STUDENTS TO BE ACTIVELY ENGAGED IN THEIR OWN LEARNING EXPERIENCE BY FOSTERING CREATIVE, ETHICAL AND INTELLECTUAL GROWTH. |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE PRIOR TO FILING. THE COMMITTEE THEN REPORTS TO THE FULL BOARD OF TRUSTEES. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE COLLEGE HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS INCLUDED IN ITS BUSINESS ETHICS POLICY STATEMENT. THIS STATEMENT IS INCLUDED IN THE APPOINTMENT AND ANNUAL REAPPOINTMENT PACKETS FOR ALL EMPLOYEES AND IS RETAINED IN EACH EMPLOYEE'S PERSONNEL FILE. KEY EMPLOYEES, OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. THESE PROCEDURES ARE PERFORMED ANNUALLY AND ARE MONITORED BY THE HUMAN RESOURCES AND BUSINESS OFFICES OF THE COLLEGE. |
| FORM 990, PAGE 6, PART VI, LINE 15A | A TRUSTEE SUB-COMMITTEE REVIEWS THE PERFORMANCE OF THE PRESIDENT AND RECOMMENDS TO THE BOARD ANNUAL SALARY INCREASES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REQUEST TO THE COLLEGE |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREEN & WHITE HOSPITALITY LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 265 | AddressLine1Txt |
| City | PAUL SMITHS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12970 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 452110175 | EIN |
| Primary Activities | HOSPITALIT | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | -$662 | TotalIncomeAmt |
| End Of Year Assets | $1,937 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL SMITH | BusinessNameLine1Txt |
| Business Name Line2 | COLLEGE | BusinessNameLine2Txt |