UNIVERSITY OF NEW ENGLAND: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF NEW ENGLAND (EIN 01-0211810)
- Tax period
- 2014-06-01 to 2015-05-31
- Filed
- 2016-04-07
- IRS object ID
- 201620989349300627
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-04-07T13:00:37-05:00 | ReturnTs |
| Tax Period End | 2015-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 263753134 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ TOFIAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 BOYLSTON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010211810 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF NEW ENGLAND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 2076022063 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 HILLS BEACH ROAD | AddressLine1Txt |
| City | BIDDEFORD | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NICOLE L LABBE-TRUFANT CPA | PersonNm |
| Person Title | VP OF FINANCE & ADMINISTRATION | PersonTitleTxt |
| Phone | 2076022157 | PhoneNum |
| Signature | 2016-03-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSEPH M GISO | PreparerPersonNm |
| PTIN | P00030126 | PTIN |
| Phone | 6177610600 | PhoneNum |
| Preparation | 2016-03-24 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DANIELLE RIPICH PHD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 HILLS BEACH ROAD | AddressLine1Txt |
| City | BIDDEFORD | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $223,410,966 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.UNE.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1831 | FormationYr |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Activity Or Mission | THE UNIVERSITY'S MISSION IS TO PROVIDE STUDENTS WITH A HIGHLY INTEGRATED LEARNING EXPERIENCE THAT PROMOTES EXCELLENCE THROUGH INTERDISCIPLINARY COLLABORATION AND INNOVATION IN EDUCATION, RESEARCH, AND SERVICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 29 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 3319 | TotalEmployeeCnt |
| Total Volunteers | 28 | TotalVolunteersCnt |
| Total Gross UBI | $49,242 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $17,220 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $21,297,100 | PYContributionsGrantsAmt |
| CY Contributions Grants | $17,878,889 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $176,254,262 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $192,610,350 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,473,013 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,547,814 | CYInvestmentIncomeAmt |
| PY Other Revenue | $7,239,039 | PYOtherRevenueAmt |
| CY Other Revenue | $7,280,906 | CYOtherRevenueAmt |
| PY Total Revenue | $206,263,414 | PYTotalRevenueAmt |
| CY Total Revenue | $220,317,959 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $35,893,321 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $37,693,125 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $83,633,315 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $87,786,949 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,060,622 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $62,766,321 | PYOtherExpensesAmt |
| CY Other Expenses | $63,651,442 | CYOtherExpensesAmt |
| PY Total Expenses | $182,292,957 | PYTotalExpensesAmt |
| CY Total Expenses | $189,131,516 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $23,970,457 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $31,186,443 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $318,212,861 | TotalAssetsBOYAmt |
| Total Assets EOY | $346,134,105 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $146,299,631 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $144,663,977 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $171,913,230 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $201,470,128 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE UNIVERSITY'S MISSION IS TO PROVIDE STUDENTS WITH A HIGHLY INTEGRATED LEARNING EXPERIENCE THAT PROMOTES EXCELLENCE THROUGH INTERDISCIPLINARY COLLABORATION AND INNOVATION IN EDUCATION, RESEARCH, AND SERVICE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $153,770,953 | ExpenseAmt |
| Grant | $37,693,125 | GrantAmt |
| Revenue | $172,757,919 | RevenueAmt |
| Desc | HIGHER EDUCATION: EDUCATION OF OVER 10,371 STUDENTS AT THE COLLEGE LEVEL. DURING THE 2014-15 ACADEMIC YEAR, THE UNIVERSITY GRANTED 1,466 ASSOCIATE'S, BACHELOR'S, MASTER'S AND DOCTORAL DEGREES, REPRESENTING THE COLLEGES OF ARTS AND SCIENCES, WESTBROOK COLLEGE OF HEALTH PROFESSIONS, COLLEGE OF OSTEOPATHIC MEDICINE, COLLEGE OF GRADUATE STUDIES, AND COLLEGE OF PHARMACY. THE UNIVERSITY OFFERS PROGRAMS IN OSTEOPATHIC MEDICINE, ALLIED HEALTH SCIENCES, LIBERAL ARTS, PHARMACY, DENTAL MEDICINE AND OTHER GRADUATE AND UNDERGRADUATE MAJORS.ADDITIONAL FACTS: THE UNIVERSITY OF NEW ENGLAND INCLUDES MAINE'S ONLY:-MASTER OF SCIENCE-PHYSICIAN ASSISTANT PROGRAM.-MASTER OF SCIENCE-NURSE ANESTHESIA PROGRAM-POST-BACCALAUREATE CERTIFICATE PROGRAM IN GERONTOLOGY AND ADDICTIONS COUNSELING.COLLEGES:THE UNIVERSITY OF NEW ENGLAND'S SIX COLLEGES PROVIDE BOTH UNDERGRADUATE AND GRADUATE STUDENTS WITH A WEALTH OF RESOURCES AND A VARIETY OF EDUCATIONAL EXPERIENCES AND RESEARCH OPPORTUNITIES. EACH COLLEGE HAS ITS OWN IDENTITY, BUT EACH CONTRIBUTES TO THE ENRICHMENT OF THE UNIVERSITY'S ACADEMIC LIFE.COLLEGE OF ARTS AND SCIENCES:THE COLLEGE OF ARTS AND SCIENCES OFFERS MORE THAN 30 UNDERGRADUATE MAJORS, RANGING FROM AQUACULTURE AND AQUARIUM SCIENCE TO SPORT MANAGEMENT. THE COLLEGE'S GRADUATE PROGRAMS INCLUDE: MASTERS PROGRAMS IN EDUCATION, BIOLOGICAL SCIENCES AND MARINE SCIENCES; A CERTIFICATE OF ADVANCED GRADUATE STUDY IN EDUCATIONAL LEADERSHIP; AND A DOCTORATE IN EDUCATIONAL LEADERSHIP. THE COLLEGE OF ARTS AND SCIENCES IS HOUSED ON THE BIDDEFORD CAMPUS ON THE COAST OF MAINE.COLLEGE OF DENTAL MEDICINE:THE CURRICULUM OF THE NEW COLLEGE OF DENTAL MEDICINE COMPRISES A BLEND OF TIME TESTED METHODS AND NEW INNOVATIONS IN DENTAL EDUCATION. OUR STUDENTS ARE TREATED AS MEMBERS OF THE PROFESSION FROM DAY ONE. THEY BENEFIT FROM A COMPREHENSIVE EDUCATION IN THE BASIC AND BEHAVIORAL SCIENCES, AND COME TO UNDERSTAND AND APPRECIATE THE MANY CONNECTIONS BETWEEN ORAL HEALTH AND OVERALL HEALTH. THEY GAIN EXTENSIVE PRACTICAL EXPERIENCE, FROM PROVIDING CARE TO A SIMULATED PATIENT IN THE FIRST YEAR; TO PROVIDING DIRECT PATIENT CARE IN PATIENT CENTERED GENERAL PRACTICE TEAMS IN OUR ORAL HEALTH CENTER IN THE SECOND AND THIRD YEARS; TO EXTENDING THEIR CLINICAL EXPERIENCE INTO THE COMMUNITY DURING THEIR FOURTH YEAR, WHILE WORKING AND LIVING IN COMMUNITIES THROUGHOUT NORTHERN NEW ENGLAND AND BEYOND. THE COLLEGE IS HOUSED ON THE PORTLAND CAMPUS, AN HISTORIC SITE IN SUBURBAN PORTLAND, MAINE.COLLEGE OF OSTEOPATHIC MEDICINE:THE COLLEGE OF OSTEOPATHIC MEDICINE IS DEDICATED TO THE IMPROVEMENT OF LIFE THROUGH THE EDUCATION OF OSTEOPATHIC PHYSICIANS, RESEARCH AND SERVICE. THE COLLEGE EMPHASIZES HEALTH, HEALING AND PRIMARY CARE FOR THE PEOPLE OF NEW ENGLAND AND THE NATION. IN ADDITION TO THE DOCTOR OF OSTEOPATHIC MEDICINE DEGREE, THE COLLEGE OFFERS INTERNSHIPS AND RESIDENCIES, A MASTER OF SCIENCE IN MEDICAL EDUCATION LEADERSHIP, AND TWO GRADUATE PROGRAMS IN PUBLIC HEALTH. THE COLLEGE IS HOUSED ON THE BIDDEFORD CAMPUS ON THE COAST OF MAINE.COLLEGE OF PHARMACY:UNE'S COLLEGE OF PHARMACY IS A LEADING EDUCATOR OF THE NEXT GENERATION OF PHARMACISTS. STUDENTS IN THE PROGRAM MASTER A VARIETY OF TOPICS RELATED TO MEDICATION USE, INCLUDING DISEASE MANAGEMENT, PHARMACOLOGY, PHARMACOGENOMICS, PHARMACOECONOMICS, AND PHARMACY INFORMATICS. OUR CURRICULUM IS DEDICATED TO HELPING STUDENTS ACHIEVE OUTCOMES SUITED FOR THEIR INDIVIDUAL INTERESTS AND CAREER ASPIRATIONS. THE DOCTOR OF PHARMACY PROGRAM COMBINES INTERDISCIPLINARY EDUCATION WITH EXPERIENTIAL PRACTICE AND RESULTS IN A PHARMACIST PREPARED FOR THE RIGORS OF AN INTERPROFESSIONAL HEALTH MANAGEMENT TEAM. THE COLLEGE IS HOUSED ON THE PORTLAND CAMPUS IN SUBURBAN PORTLAND, MAINE.WESTBROOK COLLEGE OF HEALTH PROFESSIONS:THE WESTBROOK COLLEGE OF HEALTH PROFESSIONS OFFERS BOTH UNDERGRADUATE AND GRADUATE PROGRAMS. UNDERGRADUATE PROGRAMS INCLUDE DENTAL HYGIENE, NURSING, APPLIED EXERCISE SCIENCE AND ATHLETIC TRAINING, AND GRADUATE PROGRAMS INCLUDE NURSE ANESTHESIA, OCCUPATIONAL THERAPY, PHYSICAL THERAPY, PHYSICIAN ASSISTANT AND SOCIAL WORK. THE COLLEGE HAS STATE-OF-THE ART EDUCATIONAL FACILITIES AND HAS PIONEERED THE MODEL OF INTERPROFESSIONAL EDUCATION.COLLEGE OF GRADUATE STUDIES - ONLINE WORLDWIDE LEARNING:THE MISSION OF THE COLLEGE OF GRADUATE STUDIES IS TO ENHANCE, EXPAND, AND ENRICH STUDENT LEARNING OPPORTUNITIES THROUGH INNOVATIVE EDUCATIONAL AND ON LINE EXPERIENCES. THE COLLEGE PARTNERS WITH THE UNIVERSITY'S OTHER FIVE COLLEGES TO PROVIDE PROGRAMMATIC, FINANCIAL, AND LOGISTICAL SUPPORT TO STUDENTS ENROLLED IN ONLINE PROGRAMS, WHILE ENSURING EXCELLENCE IN PROFESSIONAL AND GRADUATE EDUCATION AND CONSISTENCY IN MAINTAINING THE HIGHEST ACADEMIC STANDARDS.GLOBAL EDUCATION:THE GLOBAL EDUCATION PROGRAM DEVELOPS AND PROMOTES GLOBAL EDUCATION AND RESEARCH OPPORTUNITIES. STUDENTS CAN STUDY ABROAD VIA PARTNERSHPS IN GHANA AND SPAIN OR ON OUR CAMPUS IN MOROCCO. IN 2014, UNE OPENED ITS CAMPUS IN TANGIER, MOROCCO. THE PROGRAM ENABLES STUDENTS TO CHOOSE FROM COURSES IN THE SCIENCES, HUMANITIES, SOCIAL SCIENCES, BUSINESS AND THE ARTS INCLUDING LAB SCIENCE COURSES. STUDENTS GAIN A GLOBAL PERSPECTIVE WITHOUT EXPERIENCING ANY DELAY IN THE CURRICULUM REQUIRED FOR THEIR MAJOR. RESEARCH:UNE RECEIVES GRANTS FROM A NUMBER OF PRESTIGIOUS NATIONAL SOURCES INCLUDING THE NATIONAL SCIENCE FOUNDATION, U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, NATIONAL INSTITUTES OF HEALTH, NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, U.S.ENVIRONMENTAL PROTECTION AGENCY AND NATIONAL ENDOWMENT FOR THE HUMANITIES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $19,337,788 | ExpenseAmt |
| Revenue | $24,508,613 | RevenueAmt |
| Desc | AUXILIARY SERVICES FOR THE DELIVERY OF HIGHER EDUCATION INCLUDE ROOM AND BOARD FOR OVER 1,400 STUDENTS:THE MISSION IS TO WORK IN PARTNERSHIP WITH RESIDENT STUDENTS TO CREATE A HEALTHY AND POSITIVE RESIDENTIAL COMMUNITY THAT ENHANCES ACADEMIC PURSUITS AND PROVIDES OPPORTUNITIES FOR PERSONAL, SOCIAL AND SPIRITUAL GROWTH. THE GOAL IS TO PROMOTE AN ATMOSPHERE ROOTED IN CIVILITY AND PERSONAL RESPONSIBILITY, AND ENCOURAGE REFLECTIVE THINKING AND ACTIVE INVOLVEMENT. THE STAFF STRIVES TO TEACH, MODEL, AND LEARN WITH THE STUDENTS THE VALUES OF COMMUNITY, INQUIRY, INTEGRITY, AND CARING. MAINTAINING A CLOSE RELATIONSHIP WITH STUDENT ACTIVITIES CREATES A POSITIVE IMPACT ON CAMPUS LIFE FOR THE ENTIRE UNIVERSITY. STUDENTS ARE ENCOURAGED TO ACTIVELY ENGAGE IN MANY ARENAS TO BECOME MORE DEEPLY INVOLVED IN THE UNIVERSITY, AND THEREBY IN THEIR OWN EDUCATION. THESE EXPERIENCES OUTSIDE THE CLASSROOM CAN TRULY ENHANCE THOSE EXPERIENCES STUDENTS HAVE WITHIN THE CLASSROOM.ADDITIONAL FACTS:UNIVERSITY OF NEW ENGLAND DINING SERVICES:USING INPUT FROM STUDENTS THROUGH COMMENT BOARDS, PERSONAL CONTACTS BETWEEN STUDENTS AND FOOD SERVICE MANAGERS, AND REGULAR MEETINGS WITH CAMPUS DINING ADVISORY COMMITTEES, THE UNIVERSITY'S DINING SERVICES IS ABLE TO STAY IN STEP WITH THE STUDENTS' NEEDS AND DESIRES. ALL NEW UNE STUDENTS ARE ENCOURAGED TO TAKE ADVANTAGE OF ANY OF THE ABOVE METHODS OF CONNECTING IN ORDER TO MAINTAIN AN INNOVATIVE AND CREATIVE DINING THAT MEETS STUDENTS' DIVERSE DIETARY NEEDS.E SERVICES:THE UNIVERSITY OF NEW ENGLAND OFFERS A NUMBER OF ON-LINE SERVICES FOR OUR STUDENTS, FACULTY AND STAFF:U-ONLINE - U-ONLINE PROVIDES STUDENTS, FACULTY, AND STAFF WITH SECURE, WEB-BASED ACCESS TO SELECTED ADMINISTRATIVE, ACADEMIC, AND EMPLOYEE RECORDS. U-ONLINE IS THE ONLY ON-LINE OFFICIAL WEB-BASED SOURCE OF INFORMATION FROM THE UNIVERSITY OF NEW ENGLAND. BLACKBOARD/WEBCT - THE BLACKBOARD LEARNING SYSTEM IS A COURSE MANAGEMENT SYSTEM WITH TEACHING AND LEARNING TOOLS FOR COURSE PREPARATION, DELIVERY, AND MANAGEMENT. MYUNE - MYUNE PROVIDES UNE STUDENTS, FACULTY AND STAFF WITH INTRANET AND INTERNET SERVICES, SUCH AS EMAIL, PERSONAL SCHEDULES, AND CAMPUS CALENDARS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $173,108,741 | 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 | Yes (1) | 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 | 0 | 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 | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | 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 | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | 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 | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 10865 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 3319 | 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 | MO | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| 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 | 29 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | 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 | ME | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BETH MADORE CONTROLLER | PersonNm |
| Phone | 2076022063 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 HILLS BEACH ROAD | AddressLine1Txt |
| City | BIDDEFORD | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | 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 |
|---|---|---|---|---|---|---|---|---|---|
| MARK DOIRON | |||||||||
| CHAIR OF BOARD | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| KARIN A GREGORY JD MPH | |||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| DAVID L ANDERSON PHD | |||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| SANDI GOOLDEN | |||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| CYNTHIA J MILLIKEN TAYLOR | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAN MCCORMACK MBA | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHARLES J KEAN JD CPA | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID BARBER | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARY J HERMAN | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID M BIONDI DO | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DIANE COLLINS FIELD | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GARY E PALMAN DO | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GERALD A TALBOT | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GROVER C GILMORE PHD | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES C NORWOOD JR | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEANETTE IVES ERICKSON RN DNP | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOSEPH R KENNEALLY DMD | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| AIDEN MCPARLAND | |||||||||
| STUDENT TRUSTEE | 1.00 | Yes (X) | $7,052 | $0 | $0 | ||||
| GEORGE M LOCARNO LLM CPA JD | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| BARBARA ROSS-LEE DO | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MELINDA Y SMALL PHD | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL A MOREL | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEPHANIE PODOLSKI MPH | |||||||||
| STUDENT TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PATRICIA J PHILLIPS DO | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD M RODERICK | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RITA R COLWELL PHD | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT T LEONARD JR DO | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GLORIA PINZA JD | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DANIELLE RIPICH PHD | |||||||||
| PRESIDENT | 40.00 | Yes (X) | Yes (X) | $700,007 | $0 | $28,867 | |||
| NICOLE LABEE-TRUFANT CPA | |||||||||
| VP OF FINANCE & ADMINISTRATION | 40.00 | Yes (X) | $209,239 | $0 | $20,347 | ||||
| JAMES KOELBL DDS MS MJ | |||||||||
| PROVOST | 40.00 | $374,862 | $0 | $42,165 | Yes (X) | ||||
| DOUGLAS L WOOD DO PHD | |||||||||
| DEAN OF COLL OF OSTEO MED | 40.00 | $421,380 | $0 | $39,634 | Yes (X) | ||||
| REBECCA J ROWE PHD | |||||||||
| ASSOC. DIR/PROFESSOR | 40.00 | $311,777 | $0 | $29,657 | Yes (X) | ||||
| PETER B DANE DO | |||||||||
| ASSOCIATE DEAN | 40.00 | $265,179 | $0 | $42,127 | Yes (X) | ||||
| JAMES B HANLEY DMD | |||||||||
| DEAN OF COLL OF DENTAL MED | 40.00 | $229,762 | $0 | $31,295 | Yes (X) | ||||
| GAYLE A BRAZEAU PHD | |||||||||
| DEAN OF COLL OF PHARMACY | 40.00 | $220,875 | $0 | $26,672 | Yes (X) | ||||
| JOHN LWILLIAMS PHD MED | |||||||||
| FORMER PROVOST | 40.00 | $145,396 | $0 | $33,252 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,885,529 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $294,016 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 128 | 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 INC & AFFILIATES | |||||
| PO BOX 360170 | PITTSBURGH | PA | 152516170 | FOOD SERVICE | $4,525,205 |
| ELLUCIAN COMPANY LP | |||||
| 14083 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 60693 | TECHNOLOGY SERVICES | $4,051,899 |
| EBNT USA HOLDINGS INC | |||||
| 2145 METRO CENTER BLVD | ORLANDO | FL | 328357632 | EDUCATIONAL CURRICULUM | $3,218,278 |
| NCS PEARSON INCORPORATED | |||||
| 13036 COLLECTION CENTER DRIVE | CHICAGO | IL | 60693 | EDUCATIONAL CURRICULUM | $3,107,785 |
| NG BAILEY INC | |||||
| 2 BAILEY DRIVE | GRAY | ME | 04039 | CONSTRUCTION | $1,186,483 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 42 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $9,554 | FundraisingAmt |
| Government Grants | $7,608,347 | GovernmentGrantsAmt |
| All Other Contributions | $10,260,988 | AllOtherContributionsAmt |
| Noncash Contributions | $2,176,162 | NoncashContributionsAmt |
| Total Contributions | $17,878,889 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 900099 | $172,757,919 | $172,757,919 |
| RESIDENCE AND DINING HALLS | 900099 | $19,852,431 | $19,852,431 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $192,610,350 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $475,635 | TotalRevenueColumnAmt |
| Exclusion | $475,635 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $577,140 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $317,188 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $259,952 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $259,952 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $49,242 | UnrelatedBusinessRevenueAmt |
| Exclusion | $210,710 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,785,075 | SecuritiesAmt |
| Other | $47,513 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,699,848 | SecuritiesAmt |
| Other | $60,561 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,085,227 | SecuritiesAmt |
| Other | -$13,048 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,072,179 | TotalRevenueColumnAmt |
| Exclusion | $2,072,179 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $9,688 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $9,554 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $15,410 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$5,722 | TotalRevenueColumnAmt |
| Exclusion | -$5,722 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| HEALTH CENTERS | 900099 | $4,013,300 | $4,013,300 | |
| CONFERENCES | 900099 | $1,399,506 | $1,399,506 | |
| OTHER AUXILIARY INCOME | 900099 | $970,988 | $970,988 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $642,882 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $642,882 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $7,026,676 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $220,317,959 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $197,266,532 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $49,242 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,123,296 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,224 | TotalAmt |
| Program Services | $41,224 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,651,901 | TotalAmt |
| Program Services | $37,651,901 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,284,109 | TotalAmt |
| Program Services | $374,862 | ProgramServicesAmt |
| Management And General | $559,243 | ManagementAndGeneralAmt |
| Fundraising | $350,004 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,603,833 | TotalAmt |
| Program Services | $63,772,357 | ProgramServicesAmt |
| Management And General | $3,436,290 | ManagementAndGeneralAmt |
| Fundraising | $1,395,186 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,581,246 | TotalAmt |
| Program Services | $3,294,746 | ProgramServicesAmt |
| Management And General | $214,875 | ManagementAndGeneralAmt |
| Fundraising | $71,625 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,607,408 | TotalAmt |
| Program Services | $8,871,653 | ProgramServicesAmt |
| Management And General | $486,546 | ManagementAndGeneralAmt |
| Fundraising | $249,209 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,710,353 | TotalAmt |
| Program Services | $4,333,525 | ProgramServicesAmt |
| Management And General | $282,621 | ManagementAndGeneralAmt |
| Fundraising | $94,207 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $441,996 | TotalAmt |
| Program Services | $220,998 | ProgramServicesAmt |
| Management And General | $220,998 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,255 | TotalAmt |
| Management And General | $150,255 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200 | TotalAmt |
| Management And General | $200 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,393,489 | TotalAmt |
| Program Services | $1,231,440 | ProgramServicesAmt |
| Management And General | $39,040 | ManagementAndGeneralAmt |
| Fundraising | $123,009 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,697,207 | TotalAmt |
| Program Services | $4,559,581 | ProgramServicesAmt |
| Management And General | $108,653 | ManagementAndGeneralAmt |
| Fundraising | $28,973 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,539,368 | TotalAmt |
| Program Services | $2,269,684 | ProgramServicesAmt |
| Management And General | $2,269,684 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $313,181 | TotalAmt |
| Program Services | $313,181 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,072,896 | TotalAmt |
| Program Services | $2,770,756 | ProgramServicesAmt |
| Management And General | $237,272 | ManagementAndGeneralAmt |
| Fundraising | $64,868 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $999,971 | TotalAmt |
| Program Services | $746,873 | ProgramServicesAmt |
| Management And General | $121,826 | ManagementAndGeneralAmt |
| Fundraising | $131,272 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,537,694 | TotalAmt |
| Program Services | $4,537,694 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,072,806 | TotalAmt |
| Program Services | $9,072,806 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,291,970 | TotalAmt |
| Program Services | $621,008 | ProgramServicesAmt |
| Management And General | $670,962 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OTHER FEES AND PERMITS | $8,957,358 | $6,098,041 | $2,599,913 | $259,404 |
| UTILITIES | $4,161,187 | $4,042,974 | $108,939 | $9,274 |
| ROOM AND BOARD | $3,809,667 | $3,809,667 | ||
| SOFTWARE AND SMALL EQUI | $3,591,023 | $2,524,688 | $1,034,162 | $32,173 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,621,174 | TotalAmt |
| Program Services | $11,949,082 | ProgramServicesAmt |
| Management And General | $420,674 | ManagementAndGeneralAmt |
| Fundraising | $251,418 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,131,516 | TotalAmt |
| Program Services | $173,108,741 | ProgramServicesAmt |
| Management And General | $12,962,153 | ManagementAndGeneralAmt |
| Fundraising | $3,060,622 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,702,863 | BOYAmt |
| EOY | $80,629,005 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,616,925 | BOYAmt |
| EOY | $7,099,837 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,760,112 | BOYAmt |
| EOY | $3,543,935 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,994,318 | BOYAmt |
| EOY | $14,399,802 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,687,156 | BOYAmt |
| EOY | $2,144,013 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $279,363,927 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $91,200,277 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,397,094 | BOYAmt |
| EOY | $188,163,650 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,915,864 | BOYAmt |
| EOY | $43,043,440 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,138,529 | BOYAmt |
| EOY | $7,110,423 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $318,212,861 | BOYAmt |
| EOY | $346,134,105 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,871,314 | BOYAmt |
| EOY | $15,085,181 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,311,345 | BOYAmt |
| EOY | $1,217,732 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,536,874 | BOYAmt |
| EOY | $16,578,227 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,561,579 | BOYAmt |
| EOY | $99,814,646 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,892,225 | BOYAmt |
| EOY | $1,733,082 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,126,294 | BOYAmt |
| EOY | $10,235,109 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,299,631 | BOYAmt |
| EOY | $144,663,977 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,269,461 | BOYAmt |
| EOY | $159,108,001 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,887,590 | BOYAmt |
| EOY | $16,510,484 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,756,179 | BOYAmt |
| EOY | $25,851,643 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $171,913,230 | BOYAmt |
| EOY | $201,470,128 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $318,212,861 | BOYAmt |
| EOY | $346,134,105 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $31,186,443 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,515,923 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$113,622 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 | $14,324,496 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,258,908 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,684,584 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,297,100 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,878,899 | CurrentTaxYearAmt |
| Total | $86,443,987 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,324,496 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,258,908 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,684,584 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,297,100 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,878,899 | CurrentTaxYearAmt |
| Total | $86,443,987 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,442,969 | SubstantialContributorsTotAmt |
| Public Support Total170 | $81,001,018 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,210,958 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $804,348 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $799,812 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $968,625 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,052,775 | CurrentTaxYearAmt |
| Total | $4,836,518 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $3,298 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,907 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,220 | CurrentTaxYearAmt |
| Total | $26,425 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,744,518 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,611,788 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,640,528 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,965,173 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,026,677 | CurrentTaxYearAmt |
| Total | $26,988,684 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $118,295,614 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $826,697,746 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.68470 | PublicSupportCY170Pct |
| Public Support PY170 | 0.68110 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART 1, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE BASIS OF THE UNIVERSITY OF NEW ENGLAND'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. | ExplanationTxt |
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 | Yes (1) | GrantsOtherOrganizationsInd |
| Grants Other Organizations | $41,224 | GrantsOtherOrganizationsAmt |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $200 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $41,424 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | SUPPORT OF MAINERS FOR THE MARINE ECONOMY AND SEEKING EDUCATIONAL GRANT FUNDS. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Total Easements | 4 | TotalEasementsCnt |
| Total Acreage | 186.79 | TotalAcreageCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | 0 | WrittenPolicyMonitoringInd |
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $151,567 | 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 | $32,598,764 | BeginningYearBalanceAmt |
| Contributions | $977,060 | ContributionsAmt |
| Investment Earnings Or Losses | $821,952 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $665,887 | GrantsOrScholarshipsAmt |
| End Year Balance | $33,731,889 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $30,826,134 | BeginningYearBalanceAmt |
| Contributions | $280,756 | ContributionsAmt |
| Investment Earnings Or Losses | $3,230,514 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,738,640 | GrantsOrScholarshipsAmt |
| End Year Balance | $32,598,764 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,113,621 | BeginningYearBalanceAmt |
| Contributions | $508,404 | ContributionsAmt |
| Investment Earnings Or Losses | $3,855,754 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $651,645 | GrantsOrScholarshipsAmt |
| End Year Balance | $30,826,134 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,493,638 | BeginningYearBalanceAmt |
| Contributions | $878,151 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,416,717 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $664,288 | GrantsOrScholarshipsAmt |
| Other Expenditures | $177,163 | OtherExpendituresAmt |
| End Year Balance | $27,113,621 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,369,720 | BeginningYearBalanceAmt |
| Contributions | $546,191 | ContributionsAmt |
| Investment Earnings Or Losses | $5,586,895 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $968,884 | GrantsOrScholarshipsAmt |
| Other Expenditures | $40,284 | OtherExpendituresAmt |
| End Year Balance | $28,493,638 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.06990 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.75130 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.17880 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,617,195 | OtherCostOrOtherBasisAmt |
| Book Value | $6,617,195 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $234,441,487 | OtherCostOrOtherBasisAmt |
| Depreciation | $67,106,134 | DepreciationAmt |
| Book Value | $167,335,353 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $29,665,683 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,239,759 | DepreciationAmt |
| Book Value | $7,425,924 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,639,562 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,854,384 | DepreciationAmt |
| Book Value | $6,785,178 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $188,163,650 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE STUDENT LOAN PROGRAMS | $9,304,945 |
| ASSET RETIREMENT OBLIGATIONS | $930,164 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,235,109 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $181,482,733 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,515,923 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $332,598 | OtherRevenueAmt |
| Revenue Not Reported | -$1,183,325 | RevenueNotReportedAmt |
| Revenue Subtotal | $182,666,058 | RevenueSubtotalAmt |
| Other Revenues Not Included | $37,651,901 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $37,651,901 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $220,317,959 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $151,925,835 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $446,220 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $446,220 | ExpensesNotReportedAmt |
| Expenses Subtotal | $151,479,615 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $37,651,901 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $37,651,901 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $189,131,516 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | THE POLICY OF NOT REPORTING WORKS OF ART IS REFLECTED IN THE FINANCIAL STATEMENTS. |
| PART III, LINE 4: | THE UNIVERSITY HOUSES THE MAINE WOMEN WRITER'S COLLECTION OF LITERATURE. IN ADDITION AN ART GALLERY IS LOCATED ON THE BIDDEFORD AND PORTLAND CAMPUSES THAT EXHIBIT PAINTING AND OTHER WORKS OF ART. THESE COLLECTIONS AND EXHIBITS FURTHER THE LIBERAL ARTS CURRICULUM AND SCHOLARLY ACTIVITIES. |
| PART V, LINE 4: | THE UNIVERSITY USES INCOME FROM ITS ENDOWMENT IN ACCORDANCE WITH THE DONORS' WISHES. MOST OF THE DONOR RESTRICTED INCOME IS FOR STUDENT SCHOLARSHIPS. IF THE DONOR MAKES NO RESTRICTIONS OR IF THE ENDOWMENT IS BOARD CREATED, THE INCOME IS USED FOR SCHOLARSHIPS AND/OR GENERAL USE. |
| PART X, LINE 2: | THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE (CODE) SECTION 501(C)(3) WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. FASB ASC TOPIC 740, INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION OF TAX BENEFITS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC TOPIC 740 ALSO PROVIDES RELATED GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. BASED ON ITS ANALYSIS, THE UNIVERSITY HAS DETERMINED THAT THE ADOPTION OF ASC 740 DOES NOT HAVE A MATERIAL IMPACT TO ITS FINANCIAL STATEMENTS. HOWEVER, THE UNIVERSITY'S CONCLUSIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, FURTHER IMPLEMENTATION GUIDANCE EXPECTED FROM FASB AND ON-GOING ANALYSES OF TAX LAWS, REGULATIONS AND INTERPRETATIONS THEREOF. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL INCOME AND EXPENSES NETTED 317,188. FUND RAISING EXPENSES 15,410. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 37,651,901. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 317,188. FUND RAISING EXPENSE 15,410. LOSS ON REFUNDING OF BONDS 113,622. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 37,651,901. |
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 | PUBLICIZED IN EMPLOYMENT ADS, BROCHURES, CATALOGS, ETC. |
| SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY RECEIVES TITLE IV AND TITLE VII EDUCATIONAL ASSISTANCE FOR ITS STUDENTS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| MIDDLE EAST AND NORTH AFRICA | 1 | 18 | PROGRAM SERVICES | EDUCATION | $1,321,526 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 3 | INVESTING | MOROCCO CAMPUS FACILITIES AND CAPITAL IMPROVEMENTS | $562,964 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTING | $6,108,339 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 21 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 21 | TotalEmployeeCnt |
| Subtotal Spent | $7,992,829 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $7,992,829 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMEMT | Event1Nm |
| Gross Receipts Event1 | $19,242 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $9,554 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $9,688 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $15,410 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $19,242 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $9,554 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $9,688 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $15,410 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $15,410 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$5,722 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAINERS FOR THE MARINE ECONOMY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5307 | AddressLine1Txt |
| City | AUGUSTA | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04332 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 465612257 | RecipientEIN |
| Cash Grant | $41,224 | CashGrantAmt |
| Purpose Of Grant | MAINE BOND REFERENDUM POLITICAL ACTION COMMITTEE | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS AND GRANTS TO STUDENTS ATTENDING THE UNIVERSITY | GrantTypeTxt |
| Recipient | 2536 | RecipientCnt |
| Cash Grant | $37,651,901 | CashGrantAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY'S OFFICE OF STUDENT FINANCIAL SERVICES AWARDS ALL FEDERAL AND STATE FINANCIAL AID GRANTS IN ACCORDANCE WITH THE FEDERAL AND STATE REGULATIONS. DONOR RESTRICTED GRANTS ARE AWARDED IN ACCORDANCE WITH THE DONOR'S WISHES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| 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 (9 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DANIELLE RIPICH PHD | ||||||||||||||
| PRESIDENT | $541,919 | $0 | $0 | $0 | $158,088 | $0 | $20,800 | $0 | $8,067 | $0 | $728,874 | $0 | $51,168 | $0 |
| NICOLE LABEE-TRUFANT CPA | ||||||||||||||
| VP OF FINANCE & ADMINISTRATION | $204,160 | $0 | $0 | $0 | $5,079 | $0 | $15,625 | $0 | $4,722 | $0 | $229,586 | $0 | $0 | $0 |
| JAMES KOELBL DDS MS MJ | ||||||||||||||
| PROVOST | $365,416 | $0 | $0 | $0 | $9,446 | $0 | $20,800 | $0 | $21,365 | $0 | $417,027 | $0 | $0 | $0 |
| DOUGLAS L WOOD DO PHD | ||||||||||||||
| DEAN OF COLL OF OSTEO MED | $406,678 | $0 | $0 | $0 | $14,702 | $0 | $20,800 | $0 | $18,834 | $0 | $461,014 | $0 | $0 | $0 |
| REBECCA J ROWE PHD | ||||||||||||||
| ASSOC. DIR/PROFESSOR | $309,705 | $0 | $0 | $0 | $2,072 | $0 | $20,800 | $0 | $8,857 | $0 | $341,434 | $0 | $0 | $0 |
| PETER B DANE DO | ||||||||||||||
| ASSOCIATE DEAN | $264,451 | $0 | $0 | $0 | $728 | $0 | $20,800 | $0 | $21,327 | $0 | $307,306 | $0 | $0 | $0 |
| JAMES B HANLEY DMD | ||||||||||||||
| DEAN OF COLL OF DENTAL MED | $228,965 | $0 | $0 | $0 | $797 | $0 | $18,178 | $0 | $13,117 | $0 | $261,057 | $0 | $0 | $0 |
| GAYLE A BRAZEAU PHD | ||||||||||||||
| DEAN OF COLL OF PHARMACY | $219,896 | $0 | $0 | $0 | $979 | $0 | $17,650 | $0 | $9,022 | $0 | $247,547 | $0 | $0 | $0 |
| JOHN LWILLIAMS PHD MED | ||||||||||||||
| FORMER PROVOST | $144,766 | $0 | $0 | $0 | $630 | $0 | $12,074 | $0 | $21,178 | $0 | $178,648 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | SOCIAL CLUB DUES, WHOSE MEMBERS ARE BUSINESS LEADERS IN THE LOCAL COMMUNITY, FOR THE PRESIDENT. HOUSING RESIDENCE PROVIDED FOR CONVENIENCE OF THE UNIVERSITY, FOR THE PRESIDENT. GROSS UP PAYMENTS: * SOCIAL CLUB DUES FOR THE PRESIDENT * CELL PHONE ALLOWANCES FOR THE TOP FINANCIAL OFFICER AND TWO HIGHEST COMPENSATED EMPLOYEES. THE ALLOWANCE IS AVAILABLE TO ALL QUALIFIED UNIVERSITY EMPLOYEES. * NON-CASH RECOGNITION GIFTS FOR THE TOP FINANCIAL OFFICER, KEY EMPLOYEE AND THREE HIGHEST COMPENSATED EMPLOYEES. |
| PART I, LINE 4B | THE UNIVERSITY HAS A NON-QUALIFIED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR THE PRESIDENT FOR WHICH THE UNIVERSITY DISBURSED $107,453 ENCOMPASSING THE TWO YEAR PERIOD ENDED MAY 31, 2014. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MHHEFA | ||||||||
| A | 010314384 | 560425B58 | 2006-04-06 | $9,435,000 | AUTHORITY 2006B | 0 | 0 | 0 |
| MHHEFA | ||||||||
| B | 010314384 | 560425G20 | 2006-09-07 | $12,355,000 | AUTHORITY 2006F | 0 | 0 | 0 |
| MHHEFA | ||||||||
| C | 010314384 | 560525Z78 | 2008-06-19 | $24,605,000 | AUTHORITY 2008C | 0 | 0 | 0 |
| MHHEFA | ||||||||
| D | 010314384 | 560427GE0 | 2010-11-17 | $28,650,000 | AUTHORITY 2009A | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $1,480,000 | $9,738,078 | $602,436 | $31,487 | $8,956,312 | $147,843 | 2006 | 0 | 0 | Yes (1) | Yes (1) |
| B | $1,720,000 | $12,746,890 | $825,103 | $36,389 | $11,861,554 | $188,793 | 2006 | 0 | 0 | 0 | Yes (1) |
| C | $2,630,000 | $24,013,353 | $1,517,200 | $222,163 | $21,407,408 | $274,382 | 2008 | 0 | 0 | 0 | Yes (1) |
| D | $1,680,000 | $28,778,825 | $1,920,350 | $271,900 | $25,237,306 | $162,910 | 2009 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd |
|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| B | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Term Of GICTermOfGICPct | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FSA | |||||||||||
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | Yes (1) | 30.000000000000 | Yes (1) | 0 | 0 |
| FSA | |||||||||||
| B | 0 | 0 | 0 | Yes (1) | 0 | 0 | Yes (1) | 30.000000000000 | Yes (1) | 0 | 0 |
| GE FUNDING CAPITAL | |||||||||||
| C | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 30.000000000000 | 0 | 0 | 0 |
| (no name) | |||||||||||
| D | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | ||
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
| C | 0 |
| D | 0 |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I, BOND ISSUES- BOND A | (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2006B, RESIDENCE HALL |
| SCHEDULE K, PART I, BOND ISSUES - BOND B | (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2006F, RESIDENCE HALL |
| SCHEDULE K, PART I, BOND ISSUES - BOND C | (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2008C, ACADEMIC BUILDINGS AND SCHOOL OF PHARMACY |
| SCHEDULE K, PART I, BOND ISSUES - BOND D | (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2009A, RESIDENCE HALL AND SYNTHETIC TURF FIELD |
| SCHEDULE K, PART I, BOND ISSUES - BOND E | (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2011C, REFINANCE 2001A AND 2001D |
| SCHEDULE K, PART I, BOND ISSUES - BOND F | (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2012A, REFINANCE 2002B |
| SCHEDULE K, PART I, BOND ISSUES - BOND G | (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2013A, REFINANCE 2003D |
| SCHEDULE K, PART I, BOND ISSUES - BOND H | (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2014A, REFINANCE 2004A |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MHHEFA | ||||||||
| A | 010314384 | 560427NM4 | 2011-11-30 | $23,220,000 | AUTHORITY 2011C | 0 | 0 | 0 |
| MHHEFA | ||||||||
| B | 010314384 | 560427EU4 | 2012-06-28 | $4,340,000 | AUTHORITY 2012A | 0 | 0 | 0 |
| MHHEFA | ||||||||
| C | 010314384 | 560427WV4 | 2013-05-23 | $6,025,000 | AUTHORITY 2013A | 0 | 0 | 0 |
| MHHEFA | ||||||||
| D | 010314384 | 560427Z58 | 2014-07-24 | $8,895,000 | AUTHORITY 2014A | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $2,815,000 | $23,518,619 | $1,739,150 | $23,916,012 | $93,965 | $146,644 | 2001 | 0 | 0 | 0 | Yes (1) |
| B | $295,000 | $5,265,964 | $342,425 | $4,860,880 | $41,049 | $21,610 | 2003 | 0 | 0 | 0 | Yes (1) |
| C | $500,000 | $8,158,252 | $758,225 | $7,353,315 | $21,873 | $23,839 | 2003 | 0 | 0 | 0 | Yes (1) |
| D | $11,206,617 | $1,069,023 | $10,022,142 | $61,418 | $54,034 | 2004 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd |
|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| B | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 |
| D | 0 | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| C | 0 |
| D | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 9 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,914,552 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SALE OF STOCK | MethodOfDeterminingRevenuesTxt |
Real Estate Commercial RealEstateCommercialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $69,900 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISED VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | DENTAL LAB EQUIPMENT | 1 | $179,900 | FAIR VALUE |
| Yes (X) | RESEARCH LAB EQUIPMENT | 1 | $11,810 | FAIR VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | PRIOR TO FILING, THE 990 IS REVIEWED BY THE LEGAL AFFAIRS/AUDIT COMMITTEE OF THE BOARD AND IS MADE AVAILABLE TO EACH MEMBER OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST REPORT ON AN ANNUAL BASIS. THE REPORTS ARE REVIEWED BY THE LEGAL AFFAIRS/AUDIT COMMITTEE, WHO, IN TURN, COMMUNICATES ANY CONFLICTS TO THE FULL BOARD. SHOULD AN ISSUE ARISE IN WHICH A BOARD MEMBER OR KEY EMPLOYEE HAS A CONFLICT, THE INDIVIDUAL IS REQUIRED TO RECUSE THEMSELVES FROM ANY AND ALL ACTIVITIES RELATED TO THE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE UNIVERSITY HIRED AN OUTSIDE CONSULTING FIRM AND CREATED A COMPENSATION COMMITTEE TO MAKE EVERY EFFORT TO ENSURE THAT THE PRESIDENT'S COMPENSATION IS REASONABLE, FAIR AND EQUITABLE. MINUTES ARE KEPT FOR THE COMPENSATION COMMITTEE MEETINGS. THE PRESIDENT'S COMPENSATION IS ALSO APPROVED BY THE FULL BOARD. THE PRESIDENT OF THE UNIVERSITY SETS SALARIES FOR KEY EXECUTIVES AND ANNUALLY REVIEWS INDEPENDENT SALARY DATA FROM SIMILAR INSTITUTIONS TO ENSURE THAT SALARIES AND WAGES ARE WITHIN THE APPROPRIATE RANGE. CONTEMPORANEOUS DOCUMENTATION OF THIS PROCESS IS MAINTAINED. |
| FORM 990, PART VI, SECTION C, LINE 18 | INFORMATION IS AVAILABLE ON WWW.GUIDESTAR.ORG. INFORMATION IS FORWARDED TO ANYONE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIALS ARE AVAILABLE IN THE LIBRARY OR ON THE WEB. THE WEBSITE IS WWW.GUIDESTAR.ORG. |
| FORM 990, PART XI, LINE 9: | LOSS ON REFUNDING OF BONDS -113,622. |
| FORM 990 PART XII, LINE 2C | THE BOARD OF TRUSTEE LEGAL AFFAIRS AND AUDIT COMMITTEE ARE RESPONSIBLE FOR AUDIT OVERSIGHT INCLUDING SELECTION OF THE INDEPENDENT ACCOUNTING FIRM. |
| FORM 990 PAGE 2, PART III-ORGANIZATION'S MISSION-CONTINUED | MISSION AND CORE VALUES STATEMENT: CORE VALUES STATEMENT THE UNIVERSITY OF NEW ENGLAND VALUES STUDENT-CENTERED, MULTI-DISCIPLINARY AND INTERDISCIPLINARY PROGRAMS THAT MEET THE HIGHEST ETHICAL STANDARDS TO ACHIEVE EXCELLENCE IN SUPPORT OF AN INTEGRATIVE APPROACH TO THE LIBERAL ARTS, HEALTH AND THE ENVIRONMENT, AS WELL AS SCHOLARSHIP AND RESEARCH. STUDENT CENTERED *PERSONAL CONTACT WITH COMMUNITY *GENUINE PERSONAL RELATIONSHIPS *EXPERIENTIAL LEARNING *LIFE-LONG LEARNING EXCELLENCE AND INNOVATION *QUALITY ACADEMICS *RESPECT FOR NEW IDEAS *CRITICAL THINKING *ENTREPRENEURIAL *AGILITY AND FLEXIBILITY INTERDISCIPLINARY *INTEGRATION *SEEK CONNECTIONS ACROSS DISCIPLINES INTEGRITY AND ETHICAL BEHAVIOR *HONESTY, RESPECT, TRUST *ACADEMIC FREEDOM GLOBAL COMMUNITY & DIVERSITY *EMBRACE & LEARN FROM DIVERSITY *SERVICE & CIVIC ENGAGEMENT *SOCIAL JUSTICE *NON-DISCRIMINATORY HEALTH AND WELLNESS *WHOLE PERSON WELLNESS *OSTEOPATHIC HEALING *INTEGRATIVE HEALTH CARE ENVIRONMENTAL STEWARDSHIP *HEALTHY ENVIRONMENTS *SUSTAINABILITY SCHOLARSHIP AND RESEARCH *CREATE NEW KNOWLEDGE *COLLABORATION |