PRESIDENT & TRUSTEES OF COLBY COLLEGE: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- PRESIDENT & TRUSTEES OF COLBY COLLEGE (EIN 01-0211497)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-05-10
- IRS object ID
- 201731359349301753
- Schema version
- 2015v3.0
- Note
- A later return for the same period supersedes this one.
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-10T16:52:12-07:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010211497 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRESIDENT & TRUSTEES OF COLBY COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PRES | BusinessNameControlTxt |
| Phone | 2078594127 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4120 Mayflower Hill | AddressLine1Txt |
| City | Waterville | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04901 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Douglas Terp | PersonNm |
| Person Title | VP for Administration & CFO | PersonTitleTxt |
| Phone | 2078594770 | PhoneNum |
| Signature | 2017-03-18 | SignatureDt |
| 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 | David A Greene | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4120 Mayflower Hill | AddressLine1Txt |
| City | Waterville | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $397,523,000 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.colby.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1821 | FormationYr |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Activity Or Mission | Education | ActivityOrMissionDesc |
| Voting Members Governing Body | 33 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 2802 | TotalEmployeeCnt |
| Total Volunteers | 2000 | TotalVolunteersCnt |
| Total Gross UBI | $335,000 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$819,000 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $23,598,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $30,159,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $116,681,000 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $121,425,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $73,469,000 | PYInvestmentIncomeAmt |
| CY Investment Income | $52,428,000 | CYInvestmentIncomeAmt |
| PY Other Revenue | $368,000 | PYOtherRevenueAmt |
| CY Other Revenue | $190,000 | CYOtherRevenueAmt |
| PY Total Revenue | $214,116,000 | PYTotalRevenueAmt |
| CY Total Revenue | $204,202,000 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $29,601,600 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $31,507,552 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $71,769,000 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $75,916,000 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,970,000 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $62,561,400 | PYOtherExpensesAmt |
| CY Other Expenses | $69,009,448 | CYOtherExpensesAmt |
| PY Total Expenses | $163,932,000 | PYTotalExpensesAmt |
| CY Total Expenses | $176,433,000 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $50,184,000 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $27,769,000 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,380,336,000 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,345,920,000 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $280,262,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $278,322,000 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,100,074,000 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,067,598,000 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Colby seeks to provide a unique educational experience and a broad acquaintance with human knowledge to enable each student to fulfill his or her own unique potential. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $140,096,000 | ExpenseAmt |
| Grant | $31,507,552 | GrantAmt |
| Revenue | $121,425,000 | RevenueAmt |
| Desc | Post secondary education: Instruction of 1,857 undergraduate students in 2015/16. 504 were graduated in the 2015/16 year. This includes expenditures for faculty, dormitories and dining, student and academic support services, campus maintenance services and other related costs. | Desc |
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $140,096,000 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 3135 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2802 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | SP | ForeignCountryCd |
| Foreign Country | FR | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 33 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ruben L Rivera | PersonNm |
| Phone | 2078594127 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4120 Mayflower Hill | AddressLine1Txt |
| City | Waterville | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04901 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (51 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Greene David A | ||||||||||
| President | 40 | 0 | Yes (X) | Yes (X) | $599,773 | $0 | $134,724 | |||
| Diamond Robert E | ||||||||||
| Chair of the Board | 5 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Uchida Richard Y | ||||||||||
| Vice Chair of the Board | 5 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Alfond William L | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Biddle Leslie Dougherty | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Boland Susan B | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Boulos Joseph F | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Buck Jr Alexander K | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Burrell-McRae Karlene | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Causey Julie Sands | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Cotter William R | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Crawford James B | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Crook Jr James H | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Earle Steven M | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Forese James A | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Goldfarb William H | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Gordon Michael L | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Krensky Harry F | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Lawry Seth W | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Lunder Paula Crane | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Morgan Betsy L | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Oates Jr William A | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Packman Jeffrey N | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Papadellis Randy | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Powers M Jane | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Pugh Lawrence R | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Pulver David | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Reed Kathleen Pinard | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Richardson Lou | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Rosengren Eric | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Rouse Peter M | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Silverman Moses | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Snyder Edward A | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Tharakan Joerose | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Walter Amy E | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Wolff Anne Clarke | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Terp Douglas C | ||||||||||
| Vice President for Administration and CFO | 40 | 0 | Yes (X) | $325,237 | $0 | $45,162 | ||||
| Lugo Daniel G | ||||||||||
| VP for College and Student Advancement | 40 | 0 | Yes (X) | $233,472 | $0 | $15,573 | ||||
| Proto Matthew T | ||||||||||
| VP & Dean of Admissions and Financial Aid | 40 | 0 | Yes (X) | $131,048 | $0 | $10,278 | ||||
| Terhune James S | ||||||||||
| VP for Student Affairs and Dean of Students | 40 | 0 | Yes (X) | $196,965 | $0 | $41,741 | ||||
| Kletzer Lori G | ||||||||||
| Provost and Dean of Faculty | 40 | 0 | Yes (X) | $260,961 | $0 | $49,887 | ||||
| Jackson Ruth J | ||||||||||
| Vice President for Communications | 40 | 0 | Yes (X) | $150,052 | $0 | $36,842 | ||||
| McGadney Andrew | ||||||||||
| Vice President and Secretary of the College | 40 | 0 | Yes (X) | $312,362 | $0 | $22,910 | ||||
| O'Donnell Hugh J | ||||||||||
| Associate VP & Chief Investment Officer | 40 | 0 | $414,186 | $0 | $46,782 | Yes (X) | ||||
| Maisel L Sandy | ||||||||||
| Professor | 40 | 0 | $226,575 | $0 | $30,128 | Yes (X) | ||||
| Mackenzie G Calvin | ||||||||||
| Professor | 40 | 0 | $217,378 | $0 | $27,938 | Yes (X) | ||||
| Yeterian Edward H | ||||||||||
| Professor | 40 | 0 | $214,200 | $0 | $29,120 | Yes (X) | ||||
| Berkner Paul D | ||||||||||
| Medical Director | 40 | 0 | $198,377 | $0 | $40,049 | Yes (X) | ||||
| Corwin Sharon L | ||||||||||
| Director of Museum of Art | 40 | 0 | $197,795 | $0 | $20,534 | Yes (X) | ||||
| Cowdrey Teresa E | ||||||||||
| Dean of Admissions | 40 | 0 | $121,075 | $0 | $0 | Yes (X) | ||||
| Saunders Steven E | ||||||||||
| Professor | 40 | 0 | $166,368 | $0 | $23,274 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,965,824 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $574,942 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 123 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | 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 5035 | Boston | MA | 02107 | Food Services | $6,905,126 |
| R A D Corp | |||||
| 171 VFW Drive | Rockland | MA | 02370 | Construction | $4,851,357 |
| PC Construction Compnay | |||||
| 193 Tilley Drive | South Burlington | VT | 05403 | Construction | $3,881,043 |
| Mayberry Builders | |||||
| 30 Libby Hill Rd | Oakland | ME | 04963 | Construction | $1,272,540 |
| Consigli Construction Co Inc | |||||
| 15 Franklin Street | Portland | ME | 04101 | Construction | $601,879 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 32 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $1,900,000 | GovernmentGrantsAmt |
| All Other Contributions | $28,259,000 | AllOtherContributionsAmt |
| Noncash Contributions | $6,020,000 | NoncashContributionsAmt |
| Total Contributions | $30,159,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Tuition and fees | 611310 | $94,400,000 | $94,400,000 | $0 | $0 |
| Auxiliary | 611710 | $25,728,000 | $25,728,000 | $0 | $0 |
| Summer Programs | 900099 | $181,000 | $0 | $181,000 | $0 |
| Physical Fitness Facility | 713940 | $3,000 | $0 | $3,000 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,113,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,113,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $121,425,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,300,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,300,000 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,000 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $52,000 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $52,000 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $52,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $52,000 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $165,572,000 | SecuritiesAmt |
| Other | $70,877,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $150,461,000 | SecuritiesAmt |
| Other | $42,860,000 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,111,000 | SecuritiesAmt |
| Other | $28,017,000 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,128,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $151,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $42,977,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $137,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $137,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $137,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $204,202,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $121,241,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $335,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $52,467,000 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,552 | TotalAmt |
| Program Services | $191,552 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,733,000 | TotalAmt |
| Program Services | $27,733,000 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,583,000 | TotalAmt |
| Program Services | $3,583,000 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,891,477 | TotalAmt |
| Program Services | $397,593 | ProgramServicesAmt |
| Management And General | $1,921,691 | ManagementAndGeneralAmt |
| Fundraising | $572,193 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,200,523 | TotalAmt |
| Program Services | $43,627,407 | ProgramServicesAmt |
| Management And General | $6,153,309 | ManagementAndGeneralAmt |
| Fundraising | $2,419,807 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,299,000 | TotalAmt |
| Program Services | $2,708,000 | ProgramServicesAmt |
| Management And General | $443,000 | ManagementAndGeneralAmt |
| Fundraising | $148,000 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,780,000 | TotalAmt |
| Program Services | $10,901,000 | ProgramServicesAmt |
| Management And General | $1,991,000 | ManagementAndGeneralAmt |
| Fundraising | $888,000 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,745,000 | TotalAmt |
| Program Services | $3,046,000 | ProgramServicesAmt |
| Management And General | $496,000 | ManagementAndGeneralAmt |
| Fundraising | $203,000 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,529,000 | TotalAmt |
| Program Services | $8,367,000 | ProgramServicesAmt |
| Management And General | $2,016,000 | ManagementAndGeneralAmt |
| Fundraising | $146,000 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $333,000 | TotalAmt |
| Program Services | $180,000 | ProgramServicesAmt |
| Management And General | $127,000 | ManagementAndGeneralAmt |
| Fundraising | $26,000 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $162,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,909,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $6,909,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,306,000 | TotalAmt |
| Program Services | $12,117,000 | ProgramServicesAmt |
| Management And General | $872,000 | ManagementAndGeneralAmt |
| Fundraising | $317,000 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,862,000 | TotalAmt |
| Program Services | $1,781,000 | ProgramServicesAmt |
| Management And General | $1,052,000 | ManagementAndGeneralAmt |
| Fundraising | $29,000 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,332,000 | TotalAmt |
| Program Services | $4,287,000 | ProgramServicesAmt |
| Management And General | $940,000 | ManagementAndGeneralAmt |
| Fundraising | $105,000 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,930,000 | TotalAmt |
| Program Services | $3,301,000 | ProgramServicesAmt |
| Management And General | $420,000 | ManagementAndGeneralAmt |
| Fundraising | $209,000 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,501,000 | TotalAmt |
| Program Services | $6,164,000 | ProgramServicesAmt |
| Management And General | $1,118,000 | ManagementAndGeneralAmt |
| Fundraising | $219,000 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,782,000 | TotalAmt |
| Program Services | $8,562,000 | ProgramServicesAmt |
| Management And General | $1,856,000 | ManagementAndGeneralAmt |
| Fundraising | $364,000 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,872,000 | TotalAmt |
| Program Services | $1,569,000 | ProgramServicesAmt |
| Management And General | $289,000 | ManagementAndGeneralAmt |
| Fundraising | $14,000 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Dues and Memberships | $871,000 | $569,000 | $221,000 | $81,000 |
| Staff Recruitment | $377,000 | $289,000 | $88,000 | $0 |
| On-Campus Meals and Lodging | $1,842,000 | $0 | $1,689,000 | $153,000 |
| Loan write-off | $1,000,000 | $0 | $1,000,000 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,401,448 | TotalAmt |
| Program Services | $722,448 | ProgramServicesAmt |
| Management And General | $603,000 | ManagementAndGeneralAmt |
| Fundraising | $76,000 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $176,433,000 | TotalAmt |
| Program Services | $140,096,000 | ProgramServicesAmt |
| Management And General | $30,367,000 | ManagementAndGeneralAmt |
| Fundraising | $5,970,000 | FundraisingAmt |
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 | $43,077,000 | BOYAmt |
| EOY | $47,711,000 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,615,000 | BOYAmt |
| EOY | $46,751,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,709,000 | BOYAmt |
| EOY | $1,297,000 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $588,281 | BOYAmt |
| EOY | $351,600 | 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 | $4,305,000 | BOYAmt |
| EOY | $2,826,000 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $681,000 | BOYAmt |
| EOY | $692,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,133,000 | BOYAmt |
| EOY | $1,454,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $492,228,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $148,959,000 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $331,009,000 | BOYAmt |
| EOY | $343,269,000 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $294,491,000 | BOYAmt |
| EOY | $256,509,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $641,694,719 | BOYAmt |
| EOY | $636,726,400 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | 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 | $11,033,000 | BOYAmt |
| EOY | $8,333,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,380,336,000 | BOYAmt |
| EOY | $1,345,920,000 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,367,000 | BOYAmt |
| EOY | $16,307,000 | 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 | $1,074,000 | BOYAmt |
| EOY | $1,330,000 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,570,000 | BOYAmt |
| EOY | $98,182,000 | 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 | $104,696,000 | BOYAmt |
| EOY | $104,672,000 | 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 | $58,555,000 | BOYAmt |
| EOY | $57,831,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $280,262,000 | BOYAmt |
| EOY | $278,322,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $366,541,000 | BOYAmt |
| EOY | $358,054,000 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $349,088,000 | BOYAmt |
| EOY | $314,722,000 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $384,445,000 | BOYAmt |
| EOY | $394,822,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,100,074,000 | BOYAmt |
| EOY | $1,067,598,000 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,380,336,000 | BOYAmt |
| EOY | $1,345,920,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $27,769,000 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$59,718,000 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$527,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,334,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,834,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48,149,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,598,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,159,000 | CurrentTaxYearAmt |
| Total | $139,074,000 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,334,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,834,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48,149,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,598,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,159,000 | CurrentTaxYearAmt |
| Total | $139,074,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $11,628,000 | SubstantialContributorsTotAmt |
| Public Support Total170 | $127,446,000 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,231,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,629,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,881,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,768,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,353,000 | CurrentTaxYearAmt |
| Total | $38,862,000 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $64,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $64,000 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $289,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,389,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $461,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $307,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $137,000 | CurrentTaxYearAmt |
| Total | $2,583,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $180,583,000 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $565,000,000 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.70575 | PublicSupportCY170Pct |
| Public Support PY170 | 0.69676 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part I, Line 7 | The basis of Colby's public charity status has been and continues to be its qualification as a school described in section 170(B)(1)(A)(II). The organization has checked box 7 on Schedule A, Part I and completed Schedule A, Part II in order to demonstrate its qualification to follow the special rule for abbreviated reporting of contributions on Form 990, Schedule B. |
| Schedule A, Part II, Line 10 | Form 990, Part VIII, Line 11d |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $31,000 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $31,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 | FormAndLineReferenceDesc |
| Explanation | The College paid $31,000 in dues to various organizations, some portion of which may be used for lobbying in connection with issues that impact higher education. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $627,000 | RevenuesIncludedAmt |
| Assets Included | $148,566,000 | AssetsIncludedAmt |
Held Works Art HeldWorksArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $0 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $745,957,000 | BeginningYearBalanceAmt |
| Contributions | $15,243,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$8,382,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,461,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $22,789,000 | OtherExpendituresAmt |
| Administrative Expenses | $6,909,000 | AdministrativeExpensesAmt |
| End Year Balance | $710,659,000 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $740,631,000 | BeginningYearBalanceAmt |
| Contributions | $8,906,000 | ContributionsAmt |
| Investment Earnings Or Losses | $34,111,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,757,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $22,144,000 | OtherExpendituresAmt |
| Administrative Expenses | $4,790,000 | AdministrativeExpensesAmt |
| End Year Balance | $745,957,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $649,992,000 | BeginningYearBalanceAmt |
| Contributions | $11,053,000 | ContributionsAmt |
| Investment Earnings Or Losses | $111,503,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,740,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $18,618,000 | OtherExpendituresAmt |
| Administrative Expenses | $4,559,000 | AdministrativeExpensesAmt |
| End Year Balance | $740,631,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $599,557,000 | BeginningYearBalanceAmt |
| Contributions | $8,558,000 | ContributionsAmt |
| Investment Earnings Or Losses | $71,383,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,626,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $15,993,000 | OtherExpendituresAmt |
| Administrative Expenses | $4,887,000 | AdministrativeExpensesAmt |
| End Year Balance | $649,992,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $611,441,000 | BeginningYearBalanceAmt |
| Contributions | $5,639,000 | ContributionsAmt |
| Investment Earnings Or Losses | $9,876,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,308,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $14,482,000 | OtherExpendituresAmt |
| Administrative Expenses | $4,609,000 | AdministrativeExpensesAmt |
| End Year Balance | $599,557,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.28 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.331 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.389 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $194,000 | OtherCostOrOtherBasisAmt |
| Book Value | $194,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $293,557,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $129,394,000 | DepreciationAmt |
| Book Value | $164,163,000 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $38,586,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,651,000 | DepreciationAmt |
| Book Value | $19,935,000 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $2,009,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $789,000 | DepreciationAmt |
| Book Value | $1,220,000 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $157,882,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $125,000 | DepreciationAmt |
| Book Value | $157,757,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $343,269,000 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Fixed Income Securities | $91,305,000 | F |
| Global Equity Funds | $117,245,000 | F |
| Hedge Funds | $166,237,000 | F |
| Venture Capital Funds | $103,621,000 | F |
| Buyout Funds | $56,577,000 | F |
| Real Estate Funds | $37,987,000 | F |
| Natural Resources Fund | $44,161,000 | F |
| Other Investments | $19,593,400 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $636,726,400 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Government Advances for Student Loans | $2,326,000 |
| Annuity Obligations | $12,239,000 |
| Post Retirement Benefit Obligation | $38,287,000 |
| Asset Retirement Obligation | $4,979,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $57,831,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $136,505,000 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$59,718,000 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | -$1,070,000 | OtherRevenueAmt |
| Revenue Not Reported | -$60,788,000 | RevenueNotReportedAmt |
| Revenue Subtotal | $197,293,000 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $6,909,000 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $6,909,000 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $204,202,000 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $168,373,000 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $168,373,000 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $6,909,000 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $1,151,000 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $8,060,000 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $176,433,000 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 | Founded in 1959 and now comprising five wings, nearly 8,000 works, and more than 38,000 square feet of exhibition space, the Colby College Museum of Art has built an important collection that specializes in American and contemporary art with additional, select collections of Chinese antiquities, European paintings, and works on paper. The Museum serves as a teaching resource for Colby College and is a major cultural destination for the residents of Maine and visitors to the state. |
| Schedule D, Part V, Line 4 | The College's endowment funds provide income and support for the furtherance of the educational mission of the College. |
| Schedule D, Part X, Line 2 | The College accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax effect is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The College has a number of tax positions, none of which result in an uncertainty requiring recognition. The College is not currently under examination by any taxing jurisdictions. The College's Federal and state tax returns are generally open for examination for three years following the date filed. |
| Schedule D, Part XI, Line 2d | Accretion of asset retirement obligation $81,000, Other expense ($1,151,000) |
| Schedule D, Part XII, Line 4b | Other expense $1,151,000 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | The College includes a statement of its racially nondiscriminatory policy in all brochures and catalogs dealing with student admissions, programs and scholarships. |
| Schedule E, Part I, Line 6 | The College receives government grants for financial aid to students, faculty research, support of various innovative academic programs and energy related projects. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (13 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (including Iceland and Greenland) | 2 | 6 | Program Services | Study Abroad Program | $994,000 |
| Central America and the Caribbean | 0 | 2 | Program Services | Study Abroad Program | $82,000 |
| Russia and the newly independent States | 0 | 0 | Program Services | Study Abroad Program | $36,000 |
| South America | 0 | 1 | Program Services | Study Abroad Program | $26,000 |
| Europe (including Iceland and Greenland) | 0 | 0 | Grantmaking | $2,251,000 | |
| East Asia and the Pacific | 0 | 0 | Grantmaking | $477,000 | |
| South America | 0 | 0 | Grantmaking | $401,000 | |
| Sub-Saharan Africa | 0 | 0 | Grantmaking | $340,000 | |
| Central America and the Caribbean | 0 | 0 | Grantmaking | $66,000 | |
| South Asia | 0 | 0 | Grantmaking | $48,000 | |
| Central America and the Caribbean | 0 | 0 | Investments | $50,928,000 | |
| Sub-Saharan Africa | 0 | 0 | Investments | $6,010,000 | |
| Europe (including Iceland and Greenland) | 0 | 0 | Investments | $3,646,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 2 | TotalOfficeCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Spent | $65,305,000 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (6 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|---|---|
| Scholarships | Europe (including Iceland and Greenland) | 59 | $2,251,000 | check | $0 |
| Scholarships | East Asia and the Pacific | 13 | $477,000 | check | $0 |
| Scholarships | South America | 13 | $401,000 | check | $0 |
| Scholarships | Sub-Saharan Africa | 9 | $340,000 | check | $0 |
| Scholarships | Central America and the Caribbean | 3 | $66,000 | check | $0 |
| Scholarships | South Asia | 1 | $48,000 | check | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | Grants to students are made in accordance with Federal and Institutional Financial Aid policies. The grant funds are used for academic course work for foreign study-abroad. The Registrar's Office determines that academic standards are met before academic credit is received by the student. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|
| Maine Film Center | ||||||||||
| 10 Railroad Square | Waterville | ME | 04901 | 010419284 | 501(c)(3) | $34,000 | $0 | general support | ||
| Waterville Main Street | ||||||||||
| PO Box 945 | Waterville | ME | 04901 | 010544901 | 501(c)(3) | $30,200 | $0 | general support | ||
| Waterville Opera House Assoc | ||||||||||
| 93 Main Street | Waterville | ME | 04901 | 510159481 | 501(c)(3) | $21,085 | $0 | general support | ||
| KVCS-Waterville Public Schools | ||||||||||
| 25 Messalonskee Ave | Waterville | ME | 04901 | 611592446 | $21,000 | $0 | general support | |||
| Georges River Land Trust | ||||||||||
| 8 North Main Street | Rockland | ME | 04841 | 010424837 | 501(c)(3) | $20,000 | $0 | general support | Suite 200 | |
| Central Maine Growth Council | ||||||||||
| 50 Elm Street | Waterville | ME | 04901 | 010546258 | $15,000 | $0 | general support | |||
| Friends of Quarry Road | ||||||||||
| PO Box 362 | Fairfield | ME | 04937 | 273918525 | 501(c)(3) | $15,000 | $0 | general support | ||
| Mid-Maine Homeless Shelter | ||||||||||
| PO Box 2612 | Waterville | ME | 04901 | 010425115 | 501(c)(3) | $10,767 | $0 | general support | ||
| Waterville Reg Arts & Comm Ctr | ||||||||||
| 177 Main Street | Waterville | ME | 04901 | 010505433 | 501(c)(3) | $10,000 | $0 | general support | Waterville Creates | |
| University of Chicago | ||||||||||
| PO Box 4110 | Carol Stream | IL | 601974110 | 362177139 | 501(c)(3) | $7,500 | $0 | general support | ||
| Hardy Girls Healthy Women Inc | ||||||||||
| 177 Main Street | Waterville | ME | 049030821 | 010538121 | 501(c)(3) | $7,000 | $0 | general support | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 9 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships to students | GrantTypeTxt |
| Recipient | 706 | RecipientCnt |
| Cash Grant | $0 | CashGrantAmt |
| Non Cash Assistance | $27,733,000 | NonCashAssistanceAmt |
| Non Cash Assistance | Credit to student accounts | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | Grants to governments and organizations are made and monitored by College personnel in support of local community relations. College's Grants to individuals are made and monitored in accordance with Federal and Institutional Financial Aid policies. Amounts are applied to student accounts as credits to the bill at the bursar's office to offset academic charges. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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 | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Greene David A | ||||||||||||||
| President | $513,762 | $0 | $0 | $0 | $86,011 | $0 | $100,000 | $0 | $34,724 | $0 | $734,497 | $0 | $0 | $0 |
| Terp Douglas C | ||||||||||||||
| Vice President for Administration and CFO | $315,624 | $0 | $0 | $0 | $9,613 | $0 | $24,802 | $0 | $20,360 | $0 | $370,399 | $0 | $0 | $0 |
| Lugo Daniel G | ||||||||||||||
| VP for College and Student Advancement | $206,775 | $0 | $0 | $0 | $26,697 | $0 | $0 | $0 | $15,573 | $0 | $249,045 | $0 | $0 | $0 |
| Proto Matthew T | ||||||||||||||
| VP & Dean of Admissions and Financial Aid | $109,590 | $0 | $0 | $0 | $21,458 | $0 | $0 | $0 | $10,278 | $0 | $141,326 | $0 | $0 | $0 |
| Terhune James S | ||||||||||||||
| VP for Student Affairs and Dean of Students | $196,965 | $0 | $0 | $0 | $0 | $0 | $17,927 | $0 | $23,814 | $0 | $238,706 | $0 | $0 | $0 |
| Kletzer Lori G | ||||||||||||||
| Provost and Dean of Faculty | $245,961 | $0 | $0 | $0 | $15,000 | $0 | $23,308 | $0 | $26,579 | $0 | $310,848 | $0 | $0 | $0 |
| Jackson Ruth J | ||||||||||||||
| Vice President for Communications | $150,052 | $0 | $0 | $0 | $0 | $0 | $14,082 | $0 | $22,760 | $0 | $186,894 | $0 | $0 | $0 |
| McGadney Andrew | ||||||||||||||
| Vice President and Secretary of the College | $282,362 | $0 | $0 | $0 | $30,000 | $0 | $0 | $0 | $22,910 | $0 | $335,272 | $0 | $0 | $0 |
| O'Donnell Hugh J | ||||||||||||||
| Associate VP & Chief Investment Officer | $325,081 | $0 | $88,700 | $0 | $405 | $0 | $24,802 | $0 | $21,980 | $0 | $460,968 | $0 | $0 | $0 |
| Maisel L Sandy | ||||||||||||||
| Professor | $221,358 | $0 | $0 | $0 | $5,217 | $0 | $20,639 | $0 | $9,489 | $0 | $256,703 | $0 | $0 | $0 |
| Mackenzie G Calvin | ||||||||||||||
| Professor | $212,654 | $0 | $0 | $0 | $4,724 | $0 | $19,649 | $0 | $8,289 | $0 | $245,316 | $0 | $0 | $0 |
| Yeterian Edward H | ||||||||||||||
| Professor | $210,028 | $0 | $0 | $0 | $4,172 | $0 | $19,484 | $0 | $9,636 | $0 | $243,320 | $0 | $0 | $0 |
| Berkner Paul D | ||||||||||||||
| Medical Director | $198,377 | $0 | $0 | $0 | $0 | $0 | $18,789 | $0 | $21,260 | $0 | $238,426 | $0 | $0 | $0 |
| Corwin Sharon L | ||||||||||||||
| Director of Museum of Art | $187,795 | $0 | $0 | $0 | $10,000 | $0 | $17,264 | $0 | $3,270 | $0 | $218,329 | $0 | $0 | $0 |
| Cowdrey Teresa E | ||||||||||||||
| Dean of Admissions | $121,075 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $121,075 | $0 | $0 | $0 |
| Saunders Steven E | ||||||||||||||
| Professor | $164,696 | $0 | $0 | $0 | $1,672 | $0 | $14,745 | $0 | $8,529 | $0 | $189,642 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I | The Board of Trustees has enacted procedures to establish a presumption that the total compensation offered to officers and key employees is reasonable, consistent with Internal Revenue Code Section 4958 and applicable regulations. These procedures include: a decision-making committee comprised solely of trustees who are independent and free of conflict of interest (the Executive Committee); reliance on market comparability data; use of independent compensation consultants, as needed; and documentation of the committee's work. |
| Schedule J, Part I, Line 1a | First-class or charter travel- First-class is not authorized for employees traveling on College business, without advanced approval by the President or appropriate Vice President. In recognition that the President typically works during flights and attends directly to College business upon arrival, the Board of Trustees has approved the limited use of first-class travel for the President when traveling on College business. Charter travel was used on a limited basis for travel, including by President, CFO and other employees, funded by way of a restricted gift. Travel for companions- Travel for companions is permitted only when the companion's travel is directly in furtherance of the College's business purposes. Housing allowance or residence- Housing is provided to the President as a required condition of employment. All benefits were provided in accordance with written College policies. None of the benefits were treated as taxable compensation in accordance with applicable law. |
| Schedule J, Part I, Line 4 | President David A. Greene participates in a deferred compensation arrangement. The amount earned in calendar year 2015 under the program totaled $100,000. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| Maine Health & Higher Educational Facilities Authority | ||||||||
| A | 010314384 | 560427RB4 | 2012-01-19 | $27,670,000 | Facilities | 0 | 0 | 0 |
| Maine Health & Higher Educational Facilities Authority | ||||||||
| B | 010314384 | 560427C87 | 2014-05-07 | $72,998,075 | See General Explanation | 0 | 0 | 0 |
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 | $0 | $0 | $31,378,403 | $0 | $0 | $13,710,871 | $416,524 | $0 | $0 | $17,251,008 | $0 | $0 | 2014 | Yes (1) | Yes (1) | Yes (1) | Yes (1) |
| B | $0 | $0 | $72,998,075 | $0 | $0 | $54,873,219 | $624,856 | $0 | $0 | $17,500,000 | $0 | $0 | 2015 | Yes (1) | Yes (1) | 0 | Yes (1) |
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 | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | Yes (1) | 0 | 0.002 | 0 | 0.002 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | Yes (1) | 0 | 0.007 | 0 | 0.007 | 0 | 0 | Yes (1) |
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 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule K, Part I, Column f-05/07/2014 72,998,075 Maine Health & Higher Educational Facilities Auth | FormAndLineReferenceDesc |
| Explanation | Maine Health & Higher Educational Facilities Auth - Purpose- Defeasance of Series 2005, 2006G, 2007A, 2007B, 2008C, 2010B Bonds and Construction of Facilities. | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| Daniel G Lugo | |||||||
| Officer | Mortgage on primary residence | Yes (X) | $189,900 | $185,622 | 0 | Yes (1) | Yes (1) |
| Andrew McGadney | |||||||
| Officer | Mortgage on primary residence | Yes (X) | $172,800 | $165,978 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $351,600 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Ken Kletzer | |||
| Spouse of officer | $75,360 | compensation | 0 |
| Marnie Terhune | |||
| Spouse of officer | $53,650 | compensation | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part II | FormAndLineReferenceDesc |
| Explanation | Mortgages to officers are issued in accordance with a program available to all continuing faculty and staff. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 24 | ContributionCnt |
| Noncash Contributions Rpt F990 | $627,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | qualified appraisals | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 128 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,362,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | IRS valuation on gift date | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Educational Materials | Desc |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $31,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost of donated materials | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I, Line 32b | FormAndLineReferenceDesc |
| Explanation | The College utilizes financial services firms to assist with the sales of publicly traded securities, real estate and other similar non-cash gifts. All transactions are conducted at arms-length and for good and sufficient consideration. The amounts in Part I, column B reflect the total number of contributions. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part V, Line 4b | Spain, France, United Kingdom (England, Northern Ireland, Scotland and Wales) |
| Form 990, Part VI, Section B, Line 11b | The return is reviewed by an independent accounting firm and the audit subcommittee of the Board of Trustees. The College provides an electronic copy of the full IRS Form 990 via a password protected web-site on which the form may be viewed by all voting members of the Board of Trustees prior to filing. The College notifies Board members that the Form 990 is available for review on that site. |
| Form 990, Part VI, Section B, Line 12c | Conflict of Interest questionnaire is completed annually by all members of the Board of Trustees, all Officers and all Key Employees. The completed questionnaires are reviewed by College management and any potential conflicts are discussed with the Audit Subcommittee of the Board of Trustees. The Audit Subcommittee will enforce compliance with the Conflict of Interest policy. Any individual with a conflict of interest is prohibited from participating in deliberations and decisions involving the transaction. |
| Form 990, Part VI, Section B, Line 15 | For the President's compensation, a comparison to peer institutions is undertaken annually. In addition, an independent compensation consultant is engaged to assess the reasonableness of the compensation amount. The President's compensation amount is reviewed and approved annually by the Executive Committee of the Board of Trustees. For all other Officers and Key Employees, a comparison to peer institutions is undertaken annually. The College President will recommend the annual compensation amounts for all other Officers and Key Employees, which are reviewed and approved annually by the Executive Committee of the Board of Trustees. Compensation of the President, Officers and Key Employees is set by independent persons and documented contemporaneously. |
| Form 990, Part VI, Section C, Line 19 | Annual financial statement is available on Colby's public web-site. Other governing documents and the conflict of interest policy are made available to the public upon request. |
| Form 990, Part XI, Line 9 | Post retirement benefit cost change ($127,000), Accretion of asset retirement obligation $81,000, Change in annuity and life income funds ($481,000). |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| Elm City LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 473103849 | Real Estate Development | ME | $0 | $537,000 | The President & Trustees of Colby College |
| Elm City 9 LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 474327488 | Real Estate Development | ME | $0 | $218,000 | The President & Trustees of Colby College |
| Elm City 173 LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 474313598 | Real Estate Development | ME | $0 | $239,000 | The President & Trustees of Colby College |
| Elm City 20 LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 474888049 | Real Estate Development | ME | $0 | $116,000 | The President & Trustees of Colby College |
| Elm City 13 LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 475277633 | Real Estate Development | ME | $0 | $438,000 | The President & Trustees of Colby College |
| Elm City 14 LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 810865849 | Real Estate Development | ME | $0 | $183,000 | The President & Trustees of Colby College |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Colby College Charitable Trust | ||||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 010529787 | supporting organization | ME | 501(c)(3) | support org- Type I | The President & Trustees of Colby College | Yes (1) |
| Mayflower Hill Broadcasting WMHB | ||||||||||
| 4000 Mayflower Hill | Waterville | ME | 04901 | 141876184 | operation of radio station | ME | 501(c)(3) | 7 | The President & Trustees of Colby College | Yes (1) |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| Charitable Remainder Trust (25) | ||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | Charitable Remainder Unitrust | ME | N/A | T | Yes (1) |
| Charitable Remainder Annuity Trust (1) | ||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | Charitable Remainder Annuity Trust | ME | N/A | T | Yes (1) |
| Colby College Pooled Income Fund B (1) | ||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | Pooled Income Fund | ME | N/A | T | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Colby College Charitable Trust | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | c | TransactionTypeTxt |
| Involved | $9,380 | InvolvedAmt |
| Method Of Amount Determination | Cash transaction | MethodOfAmountDeterminationTxt |