2015-04-22T11:15:47-07:00 2014-06-30 990 2013-07-01 042104329 SPRINGFIELD COLLEGE SPRI 4137483145 263 Alden Street Springfield MA 01109 Tanya Sears Controller 4137483880 2015-04-22 2013 2016-02-25 16:41:14Z Mary-Beth Cooper 263 Alden Street Springfield MA 01109 175500500 0 X www.springfieldcollege.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. 31 28 3360 300 0 0 14248489 11609435 140893249 142886323 1880249 3343459 0 -17891 157021987 157821326 45087028 43639803 0 0 61460384 65359769 0 0 3854629 46287818 43663989 152835230 152663561 4186757 5157765 242958443 253155569 90645454 87925868 152312989 165229701 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 133963413 43639803 142886323 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 133963413 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 0 0 0 0 0 1 7285 0 1 3360 1 0 0 0 0 0 1 1 0 0 0 0 X 31 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 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 Bridget Belgiovine Trustee 0.5 X 0 0 0 Moriah Billups Student Trustee-Elect 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 2.00 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 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 Ariel Zaleski Student Trustee 0.5 X 0 0 0 Mary-Beth Cooper President 40 X X 109593 0 13129 Richard B Flynn President Emeritus 40 X X 638114 0 265142 John L Mailhot Sr VP for Finance and Admin. & Treasurer 40 X X 200697 0 52062 David Braverman Vice President for Student Affairs 40 X 152306 0 14970 Jill Russell Executive Vice-President 40 X 190721 0 20017 John White VP of Development & Alumni Relations 40 X 156115 0 21875 Jean Wyld Vice President for Academic Affairs/Provost 40 X 198617 0 23369 Danny Davis Chief Information Officer 40 X 143826 0 12878 David Miller Dean of Health Sciences & Rehab Studies 40 X 135291 0 14386 Charles Redmond Associate Professor 40 X 133903 0 16829 Thomas Ruscio Professor 40 X 129909 0 17923 Robert Willey Dean of School of Human Services 40 X 141497 0 20064 2333089 0 492644 45 0 1 0 Aramark Corporation 263 Alden Street Springfield MA 01109 Food service 7914153 Erland Construction Inc 71 3rd Avenue Burlington MA 01803 Construction projects 2160128 Tassinari Construction Inc 70 Maxwell Road Monson MA 01057 Construction projects 692144 Charlie Arment Trucking 47 Warehouse Street Springfield MA 01118 Construction projects 547615 Northern Tree Service Inc PO Box 790 Palmer MA 01069 Contracted services 316054 13 0 0 79048 0 7394681 4135706 388715 11609435 Student tuition and fees 611310 116213706 116213706 0 0 Sales/services auxiliary services 611310 23140618 23140618 0 0 Sales/services educational departments 611310 1196002 1196002 0 0 Other program income 611310 2335997 2335997 0 0 0 0 0 0 142886323 1836194 0 0 1836194 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19112263 24000 17620918 8080 1491345 15920 1507265 0 0 1507265 32285 79048 50176 -17891 0 -17891 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 157821326 142886323 0 3325568 0 0 43551680 43551680 88123 88123 0 0 2163941 1865909 228682 69350 0 0 0 0 48327897 41671859 5107220 1548818 3097508 2670899 327340 99269 8169143 6765803 1167930 235410 3601280 3105288 380578 115414 0 0 0 0 254810 0 254810 0 119155 0 119155 0 0 0 0 0 0 0 311365 311365 0 0 0 0 0 0 788537 254234 534303 0 8367771 7198671 1029265 139835 1754667 1558562 151675 44430 0 0 0 0 7232358 5620322 1403106 208930 1237277 1019114 143200 74963 0 0 0 0 0 0 0 0 2950479 2065335 590096 295048 0 0 0 0 8257846 5780492 1651569 825785 1206128 0 1206128 0 Athletics 1376881 1376881 0 0 Auxiliary 6672447 6672447 0 0 Bad debts 642164 642164 0 0 Miscellaneous 2492104 1744265 550462 197377 0 0 0 0 152663561 133963413 14845519 3854629 37999975 38328729 0 0 646815 571572 8228461 6498340 0 0 0 0 4785454 4588891 478509 483702 4943098 5146697 223208008 100823743 121515906 122384265 55811783 66640254 8548442 8513119 0 0 0 0 0 0 242958443 253155569 11627831 10755304 4038650 4038650 10853274 10345964 61506820 60064562 0 0 0 0 0 0 0 0 2618879 2721388 90645454 87925868 X 96959351 102306867 24089398 30962138 31264240 31960696 152312989 165229701 242958443 253155569 5157765 7758947 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 119650 0 0 X X 0 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 37133249 720542 2858372 2312972 0 0 38399191 0.1 0.49 0.41 0 0 0 5420523 5420523 0 103920078 26860681 77059397 0 67727309 36384108 31343201 0 39342218 32342221 6999997 0 6797880 5236733 1561147 122384265 0 Accounts held for others 876870 Asset retirement obligations 1844518 2721388 112362894 0 0 0 0 0 112362894 0 45458432 45458432 157821326 108712393 0 0 0 0 0 108712393 0 43951168 43951168 152663561 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 $43,639,803; Realized gains $1,507,264; Investment management fees $311,365; Total $45,458,432 Schedule D, Part XII, Line 4b Financial aid to students $43,639,803; Investment management fees $311,365; Total $43,951,168 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's nondiscriminatory policy appears in its Student Handbook and the college's webpage. The policy states "Springfield College does not discriminate in its admissions or employment policies and practices on the basis or race, sex, sexual orientation, age, color, religion, national origin, gender, disability, or status as a veteran." 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) Grantmaking International study 41205 East Asia and the Pacific Grantmaking International study 41897 South Asia Grantmaking International study 1151 Sub-Saharan Africa Grantmaking International study 3033 Middle East and North Africa Grantmaking International study 837 Europe (including Iceland and Greenland) Program Services Educational/Research 15549 East Asia and the Pacific Program Services Educational/Research 51833 Sub-Saharan Africa Program Services Educational/Research 1000 0 0 156505 Scholarships/Assistance for tuition Europe (including Iceland and Greenland) 6 41205 Check 0 Scholarships/Assistance for tuition East Asia and the Pacific 7 41897 Check 0 Scholarships/Assistance for tuition South Asia 1 1151 Check 0 Scholarships/Assistance for tuition Sub-Saharan Africa 1 3033 Check 0 Scholarships/Assistance for tuition Middle East and North Africa 1 837 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 Column F: 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 study abroad grants to Springfield College students. Schedule F, Part III The scholarships reported in Part III include awards to Springfield College study abroad students. Athletics Golf 73200 50050 23150 0 9837 11714 7911 0 3220 Alumni Golf 17235 8100 9135 300 2760 3500 3690 0 282 3 20898 20898 0 0 0 0 2756 0 4206 111333 79048 32285 300 12597 15214 14357 0 7708 50176 -17891 1 Scholarships/Tuition assistance 5245 43551680 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 on the bases of race, sex, color, age, national origin or handicap. X X X 1 1 X X X X 0 1 0 0 0 0 0 1 0 Richard B Flynn President Emeritus 467114 0 165000 0 6000 0 196617 0 73777 0 908508 0 0 John L Mailhot Sr VP for Finance and Admin. & Treasurer 194697 0 0 0 6000 0 23079 0 34175 0 257951 0 0 David Braverman Vice President for Student Affairs 146306 0 0 0 6000 0 15370 0 2442 0 170118 0 0 Jill Russell Executive Vice-President 167221 0 0 0 23500 0 20678 0 4153 0 215552 0 0 John White VP of Development & Alumni Relations 150115 0 0 0 6000 0 16884 0 8534 0 181533 0 0 Jean Wyld Vice President for Academic Affairs/Provost 192617 0 0 0 6000 0 22144 0 7003 0 227764 0 0 Danny Davis Chief Information Officer 143826 0 0 0 0 0 12878 0 721 0 157425 0 0 Charles Redmond Associate Professor 133903 0 0 0 0 0 12229 0 4996 0 151128 0 0 Robert Willey Dean of School of Human Services 141497 0 0 0 0 0 13145 0 7651 0 162293 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. Schedule J, Part I, Line 7 The President Emeritus, as approved by the Board of Trustees, was provided a discretionary bonus in calendar year 2013 for his service as President. 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 391632 0 10315000 0 0 0 178170 0 0 0 10136830 0 2012 0 1 1 1 B 2600000 0 49954071 4656319 0 0 825000 0 0 36668530 6802620 0 2010 0 1 1 1 A 0 0 0 0 0 0 0 1 0 0 B 0 0 0 0 0 0 0 1 0 0 A 0 0 0 0 1 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 A is based on the tax-exempt portion of the bond issue. X 9 de minimus X 45 342823 Fair market value X 50 50 de minimus X 1 283 Actual value X Music 1 550 Actual value X Exhibit 1 45000 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 (except for names and addresses of contributors on Schedule B, which are redacted) 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. Statements are filed in the Human Resources office. Form 990, Part VI, Section B, Line 13 Line 13 & 14: Springfield College has a whistleblower policy and a record retention policy; however the policies were not approved by the Board of Trustees as of June 30, 2014. The written whistleblower policy has subsequently been approved by the Board of Trustees in April 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 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.