2017-05-15T10:46:19-05:00 2016-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBOROUGH MA 01581 990 2015-07-01 042321292 PINE MANOR COLLEGE PINE 6177317098 400 HEATH STREET CHESTNUT HILL MA 02467 RICHARD M REGAN JR EXECUTIVE VP OF FINANCE & ADMIN 6177317098 2017-05-11 1 THOMAS WASHBURN CPA P00537319 5083669100 2017-05-10 2015 2021-01-29 14:40:06Z RICHARD M REGAN JR 400 HEATH STREET CHESTNUT HILL MA 02467 25375281 0 X WWW.PMC.EDU X 1911 MA PINE MANOR IS COMMITTED TO EDUCATING AND EMPOWERING A DIVERSE STUDENT BODY -ONE STUDENT AT A TIME - WITH THE KNOWLEDGE AND SKILLS THEY WILL NEED TO MEET THE CHALLENGES OF CAREER, COMMUNITY AND CITIZENSHIP IN TODAY'S GLOBAL SOCIETY. 11 10 350 18 388877 -248625 1054298 809116 18778984 19450950 517119 555946 671447 552401 21021848 21368413 4050157 4240612 0 0 7230303 6881575 0 0 261230 9803406 9854423 21083866 20976610 -62018 391803 29852385 28720501 13769858 12412176 16082527 16308325 PINE MANOR IS COMMITTED TO EDUCATING AND EMPOWERING A DIVERSE STUDENT BODY -ONE STUDENT AT A TIME - WITH THE KNOWLEDGE AND SKILLS THEY WILL NEED TO MEET THE CHALLENGES OF CAREER, COMMUNITY AND CITIZENSHIP IN TODAY'S GLOBAL SOCIETY. 0 0 17428513 4240612 19614474 THE COLLEGE PROVIDES AN UNDERGRADUATE LIBERAL ARTS EDUCATION TO WOMEN AND A GRADUATE DEGREE IN FINE ARTS TO MEN AND WOMEN. TOTAL ENROLLMENT IS 417 STUDENTS. 17428513 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 45 0 1 350 1 1 1 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X TIMOTHY JOHNSON 6177317098 400 HEATH STREET CHESTNUT HILL MA 02467 ROBERT UTZSCHNEIDER CHAIR 8.00 X X 0 0 0 TIMOTHY ALLEN TRUSTEE 6.00 X 0 0 0 PETER ALCOCK TRUSTEE 2.00 X 0 0 0 DOROTHY KEE TRUSTEE 2.00 X 0 0 0 MARGARET KRIPPENDORF TRUSTEE 2.00 X 0 0 0 ANDREW EVANS TRUSTEE 4.00 X 0 0 0 LISE LEIST VICE-CHAIR 3.00 X X 0 0 0 DOROSELLA KALUMA TRUSTEE 2.00 X 0 0 0 ELIZABETH ADJEI TRUSTEE 2.00 X 0 0 0 ROBERT HARRIS TRUSTEE 2.00 X 0 0 0 THOMAS M O'REILLY PRESIDENT (STARTING 5/30/16) 40.00 X X 0 0 0 EDWARD LEE PRESIDENT (LEFT 6/30/15) 40.00 X 128558 0 0 128558 0 0 1 1 0 0 ARAMARK SERVICES INC 129 FISHER AVE BROOKLINE MA 02445 FOOD SERVICES 1752580 SECURITAS SECURITY SERVICES USA INC ONE HARBOR STREET SUITE 301 BOSTON MA 02210 CAMPUS SECURITY 490507 LASELL COLLEGE 1844 COMMONWEALTH AVENUE NEWTON MA 02446 IT SERVICES 390728 DTZ INC 131 DUMMER STREET BROOKLINE MA 02446 GENERAL CONTRACTOR 374318 VANGUARD ORGANIZATION 1839 SOUTH ROAD WAPPINGERS FALLS NY 12590 ROOFING CONTRACTOR 225325 5 42174 766942 3537 809116 TUITION AND FEES 900099 11643110 11643110 AUXILIARY ENTERPRISES 900099 3357985 3357985 RENTAL 900099 2745857 2745857 EDUCATIONAL SERVICES 611710 1297164 1297164 CHILD CARE SERVICES 624410 406834 406834 19450950 205297 205297 644536 662493 -17957 -17957 -17957 3695024 3344375 350649 350649 350649 OTHER 900099 570358 570358 570358 21368413 19614474 388877 555946 4240612 4240612 184816 27722 110890 46204 5483589 4553900 827862 101827 778822 639365 138760 697 434348 353896 79069 1383 110679 110679 99408 99408 47440 47440 1761499 1719854 41645 80212 72692 6849 671 479232 367261 85097 26874 2483601 2230273 231766 21562 62680 50824 3146 8710 151812 151812 440678 395729 41123 3826 183713 4456 179257 ROOM AND BOARD 1433935 1416223 17080 632 CONSULTING AND TEMPORAR 1343198 734276 608274 648 MISCELLANEOUS 313101 90547 222554 BAD DEBT 274172 55889 218283 589063 474994 107518 6551 20976610 17428513 3286867 261230 1329394 1147128 1000266 1001172 528146 313550 1232751 1135817 537792 233849 41817149 27403590 14952387 14413559 6578693 6771824 2464174 2490190 1228782 1213412 29852385 28720501 2345705 2160573 1593117 957574 6192281 5964711 3156105 2828339 482650 500979 13769858 12412176 X 3894902 4085070 1986664 2022294 10200961 10200961 16082527 16308325 29852385 28720501 X 391803 -148195 -17810 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10961905 58614 360311 413000 10967830 11299266 66043 20596 424000 10961905 9692150 1054133 908983 356000 11299266 9319065 111184 601901 340000 9692150 10329485 655748 42246 1708414 9319065 0.93000 0.07000 0 0 376268 376268 27606498 16581669 11024829 2665947 509759 2156188 11158011 10312162 845849 10425 10425 14413559 OTHER INVESTMENTS 2490190 F 2490190 ANNUITY PAYMENT OBLIGATION 66892 ASSET RETIREMENT OBLIGATION 210283 DEPOSIT 132835 INTEREST RATE SWAP CONTRACT IN LOSS POSITION 90969 500979 X 17576849 -148195 -17810 -166005 17742854 47440 3578119 3625559 21368413 17351051 662493 662493 16688558 47440 4240612 4288052 20976610 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS REPRESENT AMOUNTS RECEIVED FROM DONORS WITH STIPULATION THAT THE PRINCIPAL WILL BE HELD IN PERPETUITY AND ONLY THE INVESTMENT INCOME CAN BE SPENT. PART X, LINE 2: UUNCERTAINTY IN INCOME TAXES THE COLLEGE ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE COLLEGE HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS AT JUNE 30, 2016. THE COLLEGE'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON CARRYING VALUE OF INTEREST RATE SWAP CONTRACT -17,810. PART XI, LINE 4B - OTHER ADJUSTMENTS: PINE MANOR'S PORTION OF STUDENT AID 4,240,612. DIRECT SPECIAL EVENT RENTAL EXPENSE -662,493. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT RENTAL EXPENSE 662,493. PART XII, LINE 4B - OTHER ADJUSTMENTS: PINE MANOR'S PORTION OF STUDENT AID 4,240,612. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A STATEMENT OF PINE MANOR COLLEGE'S NONDISCRIMINATORY POLICY REGARDING STUDENTS IS CONTAINED IN THE COLLEGE'S CATALOGS, BROCHURES, ETC., WHICH ARE AVAILABLE UPON REQUEST. SCHEDULE E, PART I, LINE 6 PINE MANOR COLLEGE RECEIVES AND PARTICIPATES IN VARIOUS GOVERNMENTAL FINANCIAL AID ASSISTANCE PROGRAMS COMMON TO COLLEGES AND UNIVERSITIES SUCH AS NATIONAL DIRECT STUDY LOAN PROGRAM, TITLE II LIBRARY GRANT PROGRAM, BASIC EDUCATIONAL OPPORTUNITY GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, AND WORK STUDY PROGRAMS. 1 PINE MANOR'S PORTION OF INTERNAL AID 277 4153112 FMV STUDENT AID NSF GRANT SCHOLARSHIPS 13 87500 FMV STUDENT AID PART I, LINE 2: THE COLLEGE RECORDS AND TRACKS GRANTS AND ASSISTANCE. X 0 0 0 0 0 0 0 0 0 EDWARD LEE PRESIDENT (LEFT 6/30/15) 128558 0 0 0 0 0 0 0 0 0 128558 0 0 0 PART I, LINE 3 THE WRITTEN EMPLOYMENT CONTRACT WAS APPROVED BY THE BOARD. A MASS DEVELOPMENT FINANCE AGENCY 043431814 2008-07-01 7500000 CAPITAL IMPROVEMENTS 0 0 0 A 1535289 7500000 153985 7346015 2010 0 0 1 1 A 0 0 0 0 0.03800 0.03800 0 0 0 A 0 0 1 0 0 1 INTERNATIONAL SWAP DEALERS ASSOCIATION 3.000000000000 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11 THE DIRECTOR OF FINANCE AND CONTROLLER REVIEWED THE FORM 990 IN DETAIL. THE BOARD CHAIR, BOARD TREASURER AND THE FINANCE COMMITTEE REVIEWED THE FORM 990 IN DETAIL. THE FORM 990 WAS PROVIDED TO THE BOARD FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE HAS AN ESTABLISHED CONFLICT OF INTEREST POLICY REQUIRING DISCLOSURE OF INDIVIDUAL, FAMILY OR A RELATED ENTITY WHICH ARE ADVERSE TO THE COLLEGE; THE PARTY IS IN A POSITION TO INFLUENCE A DECISION BENEFITING THE PARTY; DIRECT OR INDIRECT INVESTMENT INTEREST WHICH MAY IMPAIR INDEPENDENCE OR FINANCIAL INTEREST WHICH COULD BENEFIT BY A DECISION OR OPERATIONS OF THE COLLEGE. THERE IS A POLICY WHICH IS DISTRIBUTED TO OFFICERS, TRUSTEES AND KEY EMPLOYEES WHICH REQUIRES IT BEING SIGNED AND RETURNED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT HAS A CONTRACT WITH THE COLLEGE. THE EXECUTIVES RECEIVE THE SAME RATE INCREASES AS STAFF MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION, WHEN REQUESTED. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE UNIFORM GUIDANCE WEB SITE AND TAX RETURNS ARE AVAILABLE ON GUIDESTAR. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON CARRYING VALUE OF INTEREST RATE SWAP CONTRACT -17,810. PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR.