2016-05-12T14:49:12-07:00 2015-06-30 990 2014-07-01 042104329 SPRINGFIELD COLLEGE SPRI 4137483145 263 Alden Street Springfield MA 01109 John L Mailhot Sr. VP for Finance and Admin 4137483145 2016-05-13 2014 2016-08-17 19:52:53Z Mary-Beth Cooper 263 Alden Street Springfield MA 01109 184546512 0 X www.springfield.edu X 1890 MA The mission of Springfield College is to educate students in spirit, mind and body for leadership in service to others by building upon a foundation of Humanics and academic excellence. The College is a private, coeducational institution offering baccalaureate, masters and doctoral degrees. 33 31 3368 300 -64268 -76679 11609435 12580882 142886323 145044361 3343459 2659567 -17891 30891 157821326 160315701 43639803 45774731 0 0 65359769 65468492 0 0 4689743 43663989 44674235 152663561 155917458 5157765 4398243 252251540 252501332 87021839 86132496 165229701 166368836 The mission of Springfield College is to educate students in spirit, mind and body for leadership in service to others by building upon a foundation of Humanics and academic excellence. The College is a private, coeducational institution offering baccalaureate, masters and doctoral degrees. 0 0 136578599 45774731 145031320 The College emphasizes the education of leaders for approximately 40 undergraduate degrees and 15 graduate degrees primarily in allied health services, human and social services, sports movement activities, and the arts and sciences, including doctoral degrees in physical education, physical therapy and counseling psychology. 0 0 0 136578599 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 6988 0 1 3368 1 1 1 0 0 0 0 1 1 0 0 0 0 X 33 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA MA NY X John L Mailhot 4137483145 263 Alden St Springfield MA 01109 X Douglass L Coupe Chair 0.5 X 0 0 0 Gregory C Toczydlowski Vice Chair 0.5 X 0 0 0 James E Walsh Secretary 0.5 X 0 0 0 Denise Alleyne Trustee 0.5 X 0 0 0 Edward Baumhauer Trustee 0.5 X 0 0 0 Bridget Belgiovine Trustee 0.5 X 0 0 0 Moriah Billups Student Trustee 0.5 X 0 0 0 William A Burke III Trustee 0.5 X 0 0 0 John L Doleva Trustee 0.5 X 0 0 0 Charisse F Duroure Trustee 0.5 X 0 0 0 Lisa B Emirzian Trustee 0.5 X 0 0 0 Sally M Griggs Trustee 0.5 X 0 0 0 Jeni Ellis Halliday Trustee 0.5 X 0 0 0 MaryLynn Jacobs Trustee 0.5 X 0 0 0 Herbert H Jervis Trustee 0.5 X 0 0 0 Jeffrey M Levy Trustee 0.5 X 0 0 0 John W Lund Trustee & Adjunct 2 X 2500 0 0 Susan E Lundin Trustee 0.5 X 0 0 0 Thomas Marks Trustee 0.5 X 0 0 0 Stephen W McCarthy Trustee 0.5 X 0 0 0 Michele Megas-Ditomassi Trustee 0.5 X 0 0 0 Linda C Moffat Trustee 0.5 X 0 0 0 James O'S Morton Trustee 0.5 X 0 0 0 Neil J Nicoll Trustee 0.5 X 0 0 0 John A Odierna Trustee 0.5 X 0 0 0 Howard A Pulsifer Trustee 0.5 X 0 0 0 James H Ross III Trustee 0.5 X 0 0 0 Harold C Smith Trustee 0.5 X 0 0 0 H Todd Stitzer Trustee 0.5 X 0 0 0 Robert M Sullivan Jr Trustee 0.5 X 0 0 0 J Michael Wallace Trustee 0.5 X 0 0 0 Lauren Grimes Youmans Trustee 0.5 X 0 0 0 Mary-Beth Cooper President 40 X X 363329 0 71453 Richard B Flynn President Emeritus 40 X 3984702 0 110992 John L Mailhot Sr VP for Finance and Adminstration & Treasurer 40 X 208116 0 55349 David Braverman Vice President for Student Affairs 40 X 186286 0 9600 Jill Russell Executive Vice-President 40 X 153801 0 16985 Theresa Vecchio Interim Vice President for Student Affairs 40 X 90075 0 14105 John White VP for Development & Alumni Relations 40 X 160301 0 31916 Jean Wyld Vice President for Academic Affairs/Provost 40 X 198497 0 35094 Danny Davis Chief Information Officer 40 X 148595 0 13307 Anne Herzog Dean of School of Arts/Sciences/Prof Studies 40 X 127820 0 33070 David Miller Dean of Health Sciences & Rehab Studies 40 X 130346 0 29219 Francine Vecchiolla Dean of School of Social Work 40 X 128697 0 12883 Robert Willey Dean of School of Human Services 40 X 145418 0 28279 6028483 0 462252 49 0 1 0 Aramark Corporation 263 Alden Street Springfield MA 01109 Food service 8134843 Erland Construction Inc 71 3rd Avenue Burlington MA 01803 Construction projects 1279374 King Ward Coach Lines 70 Justice Drive Chicopee MA 01022 Transportation 344879 Thayer Street Associates Inc 8 Coats Avenue South Deerfield MA 01373 Construction projects 328041 Tassinari Construction Inc 70 Maxwell Road Monson MA 01057 Construction projects 327901 11 0 0 60724 0 7546307 4973851 397819 12580882 Student tuition and fees 611310 117692823 117692823 0 0 Sales/services auxiliary enterprises 611310 22700786 22687745 13041 0 Sales/services educational departments 611310 1288489 1288489 0 0 Other program income 611310 3362263 3362263 0 0 0 0 0 0 145044361 1888405 0 -77309 1965714 0 0 0 0 0 0 0 0 110288 0 55683 0 54605 0 54605 0 0 54605 24870801 25000 24112194 12445 758607 12555 771162 0 0 771162 26775 60724 50489 -23714 0 -23714 0 0 0 0 0 0 0 0 0 0 0 0 0 160315701 145031320 -64268 2767767 0 0 45408228 45408228 366503 366503 0 0 5262769 4557935 529577 175257 0 0 0 0 45453057 39365615 4573800 1513642 3314395 2870505 333517 110373 7735040 6609686 874359 250995 3703231 3207264 372645 123322 0 0 0 0 221012 0 221012 0 124145 0 124145 0 0 0 0 0 0 0 309822 309822 0 0 1659068 1028330 524359 106379 976473 247263 729210 0 9182685 7366140 1042745 773800 1860125 1656461 155499 48165 0 0 0 0 6564821 5170600 1215475 178746 1392193 1075524 200521 116148 0 0 0 0 0 0 0 0 2885644 2019951 577129 288564 0 0 0 0 7944378 5600043 1544329 800006 1298690 0 1298690 0 Athletics 1474795 1474795 0 0 Auxiliary enterprises 7195721 7058499 91481 45741 Bad debts 642758 615057 0 27701 941905 570378 240623 130904 155917458 136578599 14649116 4689743 38328729 35612639 0 0 571572 320326 6498339 6648112 0 0 0 0 4588890 4480814 483703 499939 4242667 3647759 228522519 108713418 122384265 119809101 66640256 73464231 8513119 8018411 0 0 0 0 0 0 252251540 252501332 10755304 11190906 4038650 4038650 10345964 9917264 59160533 57658897 0 0 0 0 0 0 0 0 2721388 3326779 87021839 86132496 X 102306867 104010401 30962138 29044392 31960696 33314043 165229701 166368836 252251540 252501332 4398243 -3259108 0 0 0 0 X 0 1 X 1 1 1 X 4568880 6568282 6266270 4196863 5010861 26611156 0 0 0 0 0 0 0 0 0 0 0 0 4568880 6568282 6266270 4196863 5010861 26611156 1934778 24676378 889733 1240603 1484266 1836194 1943010 7393806 2250 5452 9131 0 -76679 -59846 0 0 0 0 0 0 33945116 743916910 0.72695 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 119650 0 0 X X 0 65321741 1383634 -1127383 2083379 0 0 63494613 54631440 1323812 10292816 926327 0 0 65321741 47087269 1897643 7537074 1890546 0 0 54631440 46279218 696590 223287 111826 0 0 47087269 38399191 1427081 8167127 1714181 0 0 46279218 0.101 0.525 0.374 0 0 0 5445523 5445523 0 103920083 28618766 75301317 0 68806397 40207851 28598546 0 41194316 34366622 6827694 0 9156200 5520179 3636021 119809101 0 Accounts held for others 829585 Asset retirement obligations 1853332 Capital lease obligations 643862 3326779 113706493 0 0 0 0 0 113706493 0 46609208 46609208 160315701 110079412 0 0 0 0 0 110079412 0 45838046 45838046 155917458 Schedule D, Part III, Line 4 Art work was donated in 1978. Works are on display to the public in various locations on the main campus and are preserved for future use. Schedule D, Part V, Line 4 Board designated funds are to be used as needed to fund scholarships, capital expenditures, general expenditure and provide program support. Permanent endowed funds are to be retained permanently according to donor stipulation or MAUPMIFA. Temporarily restricted endowed funds are to be used according to donor stipulations. Schedule D, Part XI, Line 4b Financial aid to students: $45,774,731; Realized gains: $771,162; Investment management fees: $309,821; Rental expenses: -$55,683; Other: -$190,823; Total $46,609,208 Schedule D, Part XII, Line 4b Financial aid to students: $45,774,731; Investment management fees: $309,821; Rental expenses: -$55,683; Other: -$190,823; Total $45,838,046 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Springfield College publishes a notice of its racially nondiscriminatory policy in a newspaper of general circulation that serves all racial segments of its community. The policy states "Springfield College does not discriminate against any person on the basis of race, color, religion, national or ethnic origin, age, sex, sexual orientation, gender identity or expression, disability, veteran status, or any other legally protected basis in admission and access to, and employment and treatment in, its programs and activities." In addition, the policy is published in the College's Student Handbook and website. Schedule E, Part I, Line 6 The College and its students participate in the following federal funded programs: Federal Pell Grant, Federal Perkins Loan, Federal Supplemental Educational Opportunity Grant, Federal Work Study and Federal Direct Loan Program. Additionally, the students participate in various state award and loan programs. 1 Europe (including Iceland and Greenland) 0 0 Grantmaking International study 92276 East Asia and the Pacific 0 0 Grantmaking International study 229506 South Asia 0 0 Grantmaking International study 5598 North America (including Canada and Mexico, but not the United States) 0 0 Grantmaking International study 15861 South America 0 0 Grantmaking International study 13062 Middle East and North Africa 0 0 Grantmaking International study 10200 Europe (including Iceland and Greenland) 0 0 Program Services Educational/research 24353 East Asia and the Pacific 0 0 Program Services Educational/research 69278 Central America and the Caribbean 0 0 Program Services Educational/research 6675 Middle East and North Africa 0 0 Program Services Educational/research 7198 Central America and the Caribbean 0 0 Investments 3842068 0 0 4316075 Scholarship/assistance for tuition Europe (including Iceland and Greenland) 6 92276 Check 0 Scholarship/assistance for tuition East Asia and the Pacific 18 229506 Check 0 Scholarship/assistance for tuition South Asia 1 5598 Check 0 Scholarship/assistance for tuition North America (including Canada and Mexico, but not the United States) 1 15861 Check 0 Scholarship/assistance for tuition South America 1 13062 Check 0 Scholarship/assistance for tuition Middle East and North Africa 1 10200 Check 0 0 0 0 0 0 0 Schedule F, Part I, Line 2 Springfield College has agreements with cooperating institutions to ensure that grant payments received from the College will be properly credited to the student's account at the foreign institution. Schedule F, Part I, Line 3 The amounts reported in column (F), total expenditures for Education and Research, represent other foreign activity expenses identifiable by region and activity in the college's accounting system. The amounts reported in column (F), total expenditures for International Study, represent scholarships and grants to Springfield College international students. Schedule F, Part III The scholarships reported in Part III include awards to Springfield College international students. Athletics Golf Tournament 65864 46389 19475 0 4235 16001 10164 0 5723 Alumni Golf Tournament 8131 831 7300 500 0 2394 2262 0 1413 2 13504 13504 0 0 0 0 2298 0 5499 87499 60724 26775 500 4235 18395 14724 0 12635 50489 -23714 1 Scholarships/tuition assistance 5161 45408228 0 Schedule I, Part I, Line 2 The College offers financial aid to assist students on the basis of full-time enrollment. Factors influencing the amount and type of aid awarded include financial need, academic achievement, leadership and other personal, qualitative attributes. The Free Application for Federal Student Aid (FAFSA), which helps to establish a student's financial need, serves as the application for financial aid. Files detailing grant and scholarship requirements and criteria are reviewed to ensure individual student eligibility before awards are made. The College does not discriminate against any person on the basis of race, color, religion, national or ethnic origin, age, sex, sexual orientation, gender identity or expression, disability, veteran status, or any other legally protected basis. X X X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 Mary-Beth Cooper President 314805 0 25000 0 6000 0 40924 0 50100 0 436829 0 0 0 Richard B Flynn President Emeritus 324359 0 0 0 3660343 0 91000 0 26099 0 4101801 0 2101072 0 John L Mailhot Sr VP for Finance and Adminstration & Treasurer 179636 0 10000 0 6000 0 34639 0 33939 0 264214 0 0 0 David Braverman Vice President for Student Affairs 182286 0 0 0 4000 0 9000 0 1275 0 196561 0 0 0 Jill Russell Executive Vice-President 136567 0 0 0 4000 0 24034 0 6671 0 171272 0 0 0 John White VP of Development & Alumni Relations 154301 0 0 0 6000 0 12694 0 19917 0 192912 0 0 0 Jean Wyld Vice President for Academic Affairs/Provost 192497 0 0 0 6000 0 22723 0 13128 0 234348 0 0 0 Danny Davis Chief Information Officer 148595 0 0 0 0 0 13307 0 663 0 162565 0 0 0 Anne Herzog Dean of School of Arts/Sciences/Prof Studies 127820 0 0 0 0 0 12302 0 21389 0 161511 0 0 0 David Miller Dean of Health Sciences & Rehab Studies 130346 0 0 0 0 0 12451 0 17396 0 160193 0 0 0 Robert Willey Dean of School of Human Services 145418 0 0 0 0 0 13408 0 15516 0 174342 0 0 0 Schedule J, Part I, Line 1a As approved by the Board of Trustees, housing and related housecleaning services are provided for the President of the College as a condition of employment to allow the President to more effectively fulfill her duties. Housing provided is College-owned and is located on the main campus. In addition, the College reimburses the President for reasonable expenses incurred for professional and community activities, including membership in professional and/or community organizations, and provides a membership for a social club to be used for College related business purposes. Schedule J, Part I, Line 4 The President Emeritus participated in a 457(f) non-qualified compensation plan during his employment. Schedule J, Part I, Line 7 The President, as approved by the Board of Trustees, and the Senior Vice President for Finance and Administration, as approved by the President, were provided a discretionary bonus in calendar year 2014 for their service. Schedule J, Part II The President Emeritus, as approved by the Board of Trustees, participated in a 457(f) non-qualified compensation plan, invested by the College. In 2014, upon the contract completion, a one-time lump sum payment for the amount of $3,206,249 was paid. This amount included contributions of $2,101,072 that were previously reported as compensation on prior Form 990 tax returns. The remainder of the payment consisted of interest income and gains over the life of the 457(f) investment. A Mass Development Finance Agency Revenue Bonds 2012 042104329 2012-11-08 10315000 Private placement refinancing of outstanding debt 0 0 0 B Mass HEFA Revenue Bonds 2010 042104329 2010-01-20 50000000 Construction projects, redemption of bonds 0 0 0 A 793172 0 10315000 0 0 0 178170 0 0 0 10136830 0 2012 0 1 1 1 B 3610000 0 49954071 4821651 0 0 825000 0 0 38688530 6802620 0 2010 0 1 1 1 A 0 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 A 0 B 0 Schedule K, Part I-11/08/2012 10,315,000 Mass Development Finance Agency Revenue Bonds The Mass Development Finance Agency Revenue Bonds 2012 consist of tax-exempt bonds of $10,315,000 and taxable bonds of $3,505,000. The information provided in Part I through Part V, column B is based on the tax-exempt portion of the bond issue. X 16 de minimus X 19 397819 Fair market value X 40 52039 Actual value X Equipment 1 1876 Actual value X Music 2 576 Actual value 0 0 1 1 Schedule M, Part I, Line 32b Springfield College has a banking arrangement to process stock donations. Stock donations are immediately sold, with the proceeds transferred to the College's bank account. Form 990, Part VI, Section B, Line 11b IRS Form 990 is prepared by the Controller and Senior Vice President for Finance and Administration. The Form 990 and accompanying schedules, along with relevant supporting materials, are subsequently reviewed by an independent accounting firm. The Form 990 is then provided to the Audit and Compliance Committee of the Board of Trustees for review, discussion and approval. The completed and approved Form 990 is then made available to the entire Board of Trustees prior to filing with the IRS. Form 990, Part VI, Section B, Line 12c Conflict of Interest statements for Board of Trustee members, officers and designated employees are completed annually and are reviewed by internal audit personnel and legal counsel. Statements are filed in the Human Resources office. Form 990, Part VI, Section B, Line 14 Springfield College has a record retention policy; however the policy was not approved by the Board of Trustees as of June 30, 2015. Form 990, Part VI, Section B, Line 15 The Board of Trustees reviews the President's overall compensation package in comparison to industry standards and peer institutions. Officers' and key employees' salaries are determined by the President, using external bench-marking and within budget constraints established by the Board. Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VII, Section A, Line 1a Board members are not compensated for their board service, but may receive compensation for other services, such as faculty, adjunct or student employment. Hickory Street Development LLC 263 Alden Street Springfield MA 01109 261851011 Real Estate holding company MA 0 0 Springfield College