2015-05-12T10:32:12-05:00 2014-06-30 910189318 Moss Adams LLP 3121 W March Ln Ste 100 Stockton CA 952192303 990 2013-07-01 954786748 Claremont University Consortium CLAR 9096218043 101 S Mills Ave Claremont CA 91711 Mia Alonzo Controller 9096218043 2015-05-09 1 Tracy S Paglia P00366884 2099556100 2013 2016-03-07 17:11:31Z Stig Lanesskog 101 S Mills Ave Claremont CA 91711 96771102 0 X www.cuc.claremont.edu X 2000 CA To advance The Claremont Colleges by promoting collaboration; by providing innovative, high quality, and cost effective customer-oriented services; and by supporting the establishment of new institutions. 26 11 393 25 -10574 -11810 151539 387458 35669358 36913518 556035 199595 165138 -3746 36542070 37496825 0 0 0 0 21157099 20869288 0 0 26897 15918981 16456163 37076080 37325451 -534010 171374 82949263 85944767 27205695 25707859 55743568 60236908 To advance The Claremont Colleges by promoting collaboration; by providing innovative, high quality, and cost effective customer-oriented services; and by supporting the establishment of new institutions. 0 0 12704137 0 15999958 Academic Support services provided by the Consortium include the central library system and bookstore providing library services and making textbooks available for the faculty and students of the Claremont Colleges. 4403715 0 5012402 Student services provided to the Claremont Colleges by the Consortium include: health and counseling services; ethnic centers; an interfaith office of chaplains and campus safety. 14134372 15901158 Institutional Support services provided to the Claremont Colleges by the Consortium include: food services administration; physical plant and facilities support; payroll and accounting; information technology; real estate; risk management; and employee benefits. Additional functions include advancing The Claremont Colleges, founding additional institutions and promoting cooperation among members to enhance programs. 31242224 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 91 0 1 393 1 1 1 0 0 0 0 0 0 0 0 0 0 X 26 11 0 0 1 0 0 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X Mia Alonzo 9096218043 101 S Mills Ave Claremont CA 91711 Robert L Adler Vice Chair of the Board 2.00 X X 0 0 0 Lori Bettison-Varga Constituent Member 1.00 40.00 X 0 433513 165834 James E Blancarte Member at Large 1.00 X 0 0 0 Jeanne M Buckley Constituent Member 1.00 5.00 X 0 0 0 Hiram E Chodosh Constituent Member 1.00 40.00 X 0 234852 99350 Robert E Curry Constituent Member 2.00 1.00 X 0 0 0 Bryant C Danner Chair of the Board 4.00 X X 0 0 0 Tracey C Doi Member at Large 1.00 X 0 0 0 Wayne Drinkward Constituent Member 1.00 1.00 X 0 0 0 Deborah Freund Constituent Member 1.00 40.00 X 0 398536 181477 Robert E Gipson Member at Large 1.00 X 0 0 0 R Stanton Hales Member at Large 2.00 X 0 0 0 W Roderick Hamilton Member at Large 1.00 X 0 0 0 Maria M Klawe Constituent Member 1.00 50.00 X 0 478761 77212 Robin Kramer Constituent Member 1.00 4.00 X 0 0 0 Brenda A Levin Member at Large 2.00 X 0 0 0 Harry T McMahon Constituent Member 1.00 1.00 X 0 0 0 Susan A Nelson Member at Large 1.00 X 0 0 0 David W Oxtoby Constituent Member 2.00 40.00 X 0 448438 95837 Cristina Rose Member at Large 2.00 X 0 0 0 Michael E Rossi Constituent Member 1.00 1.00 X 0 0 0 Sheldon M Schuster Constituent Member 1.00 40.00 X 0 387642 41275 Linda Davis Taylor Constituent Member 2.00 4.00 X 0 0 0 Laura Skandera Trombley Constituent Member 1.00 70.00 X 0 784313 135518 Charles Winner Member at Large 1.00 X 0 0 0 ML Dinkel Interim CEO (09/2014) 40.00 X X 255568 0 40106 Robert Walton Chief Executive Officer (10/2013) 40.00 X X 194433 0 43846 Bonnie Clemens Sec to Board/Asst to CEO 40.00 X 160080 0 24744 Timothy Morrison Assoc VP/Fac/Mgmt & Pln (07/2014) 40.00 X 138379 0 15468 Mia Alonzo Controller 20.00 24.00 X 117397 0 25837 Denise Hayes VP Student Serv/Dean 40.00 X 197651 0 32597 Audrey Morabito Assoc VP/Interim Treasuer 40.00 X 142097 0 31788 Rene Yang Director, Asia Relationships 40.00 X 134763 0 26352 Shahram Ariane Director, Campus Safety 40.00 X 134452 0 27931 Jennie Ho Director, Student Health Svcs. 40.00 X 126747 0 40805 Jameelah Medina Disability Administrator 40.00 X 128735 0 16688 Bruce Spena Director, Central Facilities Svcs. 40.00 X 128181 0 28868 Pamela B Gann Constituent Member (06/2013) 1.00 40.00 X 0 511373 40068 Kenneth Pifer Asst VP/Fin Svc/Ben Admin (01/2013) 40.00 X 48150 0 2847 1906633 3677428 1194448 17 1 1 0 Robert Half International Inc PO Box 743295 Los Angeles CA 900743295 Temporary Employment Agency 546526 JT Communications Inc 1607 Erin Avenue Upland CA 91784 Telephone Serv. Consultant 458533 Amtech Elevator Services Inc Dept LA 21592 Pasadena CA 911851592 Elevator Services 328591 Beyond Services Inc 11219 Rosburg Rd Beaumont CA 92223 Cleaning Services 266990 OCLC Inc 774412 4412 Solutions CTR Chicago IL 606774004 Cataloging Services 181115 13 21542 365916 5177 387458 Support services 611710 36413816 36413816 Program Rental 611710 454470 454470 Student Loan Interest 611710 45232 45232 36913518 154348 -11442 165790 34224 37970 -3746 -3746 -3746 58884429 397125 59236307 0 -351878 397125 45247 868 44379 37496825 36913518 -10574 206423 1297163 408117 884811 4235 14620970 12480301 2140669 1734070 1470935 263135 2090791 1777065 313726 1126294 917802 208492 786193 650807 135386 321571 64477 257094 163318 163318 200120 200120 775442 732010 43432 180785 36266 128634 15885 1654972 1520982 131508 2482 1245460 668830 576630 1226464 1122311 104153 342108 309100 33008 206486 86834 119652 693479 670461 23018 230952 199088 29136 2728 2340695 2280284 60411 82063 78013 4050 Books & periodicals 3745597 3745597 Building repair 1607114 1486423 120691 653344 536521 115256 1567 37325451 31242224 6056330 26897 718847 140607 4108497 6503029 91140 178879 3452972 3174066 300839 287817 2364774 2332960 67731966 29121862 39800919 38610104 16704037 22288761 13021966 9946895 1972215 2426775 413057 54874 82949263 85944767 4519707 4322702 17162948 16511982 2484500 3058161 3038540 1815014 27205695 25707859 X 27697460 29337715 15346669 18187225 12699439 12711968 55743568 60236908 82949263 85944767 X 171374 3740773 581193 X 0 1 X 1 0 X X X X 0 0 0 Pomona College 951664112 2 1 0 Claremont Graduate University 951664100 2 1 0 Scripps College 951664123 2 1 0 Claremont McKenna College 951664101 2 1 0 Harvey Mudd College 951911219 2 1 0 Pitzer College 952261113 2 1 0 Keck Graduate Institute of Applied Life Sciences 954625327 2 1 0 7 0 Schedule A, Part I, Line 11(h), Column (vii) - Amount of Support The purpose of Claremont University Consortium is to support The Claremont Colleges (organizations listed under Schedule A, Part I, item 11h). Therefore, all of the program expenses are support paid for the benefit of the organizations listed. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 31600 X X X X X See Part XIV 0 27661147 1731 4324561 19681 1291748 193331 30482679 26648529 4495 2558327 20295 1331927 197982 27661147 28465506 15607 -274533 23377 1347807 186867 26648529 24579700 3584 5390286 23661 1310639 173764 28465506 22571181 12047 3503542 21218 1362868 122984 24579700 0.01400 0.41700 0.56900 1 1 1 5292003 5292003 45303925 16793003 28510922 13945381 11227359 2718022 3190657 1101500 2089157 38610104 Absolute Return 6828020 F Private Equity/Venture Capital 3118875 F 9946895 Defined benefit plan payable 1516700 Funds held in trust for others 54874 Asset retirement obligation 243440 1815014 X 42439158 3740774 1401679 5142453 37296705 200120 200120 37496825 37945817 820486 820486 37125331 200120 200120 37325451 Part III, Line 4: Claremont University Consortium holds a historic musical instrument (violin), which is used for research, exhibition, teaching, performance, loan programs and preservation for future generations, which furthers the educational purpose of the affiliated institutions. Part V, Line 4: Claremont University Consortium uses the earnings of its endowment funds according to the direction of the donor. Earnings are primarily used to support the Libraries of the Claremont Colleges and intercollegiate scholarships and professorships. Where no donor intent is specified, the earnings fund the general operations of the Consortium. Part X, Line 2: In accordance with generally accepted accounting principles, the Consortium had no uncertain tax positions at June 30, 2014 and 2013. Part XI, Line 2d - Other Adjustments: Actuarial Adjustment 17,828. Comprehensive Pension Expense 563,365. Rental Expense 37,970. Cost of Sale 782,516. Part XII, Line 2d - Other Adjustments: Cost of Sale 782,516. Rental Expense 37,970. Central America and the Caribbean - 0 0 Investments 6828020 0 0 0 0 0 0 6828020 0 6828020 0 0 0 0 0 0 X 0 1 X X 0 1 0 0 0 0 0 1 0 Lori Bettison-Varga Constituent Member 0 374014 0 55695 0 3804 0 70200 0 95634 0 599347 0 0 Hiram E Chodosh Constituent Member 0 207477 0 0 0 27375 0 23612 0 75738 0 334202 0 0 Deborah Freund Constituent Member 0 393750 0 0 0 4786 0 78326 0 103151 0 580013 0 0 Maria M Klawe Constituent Member 0 449329 0 0 0 29432 0 30600 0 46612 0 555973 0 0 David W Oxtoby Constituent Member 0 448438 0 0 0 0 0 47106 0 48731 0 544275 0 0 Sheldon M Schuster Constituent Member 0 332771 0 0 0 54871 0 30600 0 10675 0 428917 0 0 Laura Skandera Trombley Constituent Member 0 495579 0 0 0 288734 0 97267 0 38251 0 919831 0 260000 ML Dinkel Interim CEO (09/2014) 254170 0 0 0 1398 0 28326 0 11780 0 295674 0 0 0 Robert Walton Chief Executive Officer (10/2013) 186273 0 0 0 8160 0 21773 0 22073 0 238279 0 0 0 Bonnie Clemens Sec to Board/Asst to CEO 158820 0 0 0 1260 0 16594 0 8150 0 184824 0 0 0 Timothy Morrison Assoc VP/Fac/Mgmt & Pln (07/2014) 135756 0 0 0 2623 0 13885 0 1583 0 153847 0 0 0 Denise Hayes VP Student Serv/Dean 184331 0 0 0 13320 0 20700 0 11897 0 230248 0 0 0 Audrey Morabito Assoc VP/Interim Treasuer 140787 0 0 0 1310 0 15482 0 16306 0 173885 0 0 0 Rene Yang Director, Asia Relationships 134763 0 0 0 0 0 14346 0 12006 0 161115 0 0 0 Shahram Ariane Director, Campus Safety 133012 0 0 0 1440 0 14150 0 13781 0 162383 0 0 0 Jennie Ho Director, Student Health Svcs. 126087 0 0 0 660 0 14386 0 26419 0 167552 0 0 0 Bruce Spena Director, Central Facilities Svcs. 125725 0 0 0 2456 0 13442 0 15426 0 157049 0 0 0 Pamela B Gann Constituent Member (06/2013) 0 455954 0 0 0 55419 0 28326 0 11742 0 551441 0 0 Kenneth Pifer Asst VP/Fin Svc/Ben Admin (01/2013) 2039 0 0 0 46111 0 1400 0 1447 0 50997 0 0 0 Part I, Line 1a A housing allowance in the amount of $12,000 was paid to the VP Student Services/Dean. The allowance was included in taxable compensation. Part I, Line 1b CUC does not have a formal written policy regarding housing allowances, however such allowances may be negotiated and included in an employee's contract with Board approval. Part I, Line 4b Presidents of the Claremont Colleges participate in Section 457(f) plans provided by their respective institution. One or more of the Presidents received a payment per their plan agreement during the year. Part I, Line 7 Non-fixed payments such as bonuses are granted at the request of an employee's manager to provide compensation for unique or one-time projects or other discrete issues. A CA Educational Facilities Authority 521705592 130178ZQ2 2011-04-07 9095717 Facilities Renewal & Construction 0 0 0 B CA Educational Facilities Authority 521705592 130178P91 2012-08-02 9212026 Facilities Renewal & Construction 0 0 0 A 1095000 9095756 182732 3375037 5537986 2011 1 0 1 1 B 585000 9212027 179979 9032047 2012 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 1 B 1 Schedule K, Part II, Line 3, Column A The difference between the issue price of $9,095,717 and proceeds of $9,095,756 is the result of investment earnings. Schedule K, Part II, Line 3, Column B The difference between the issue price of $9,212,026 and the proceeds of $9,212,027 is a result of investment earnings. Additional Information Written procedures for tax exempt bonds were approved by management in April 2013 and approved by the Board of Overseers on October 16, 2013. Edison Int'lSo Cal Edison Robert Adler, Vice Chair of the Board 503720 SCE provides electrical power to the Consortium 0 Form 990, Part VI, Section A, line 4 By-laws were amended to provide a more in-depth description of the Committee on Audit and Risk Management. Form 990, Part VI, Section A, line 7a The Claremont University Consortium ("CUC") is the central coordinating institution of The Claremont Colleges, a cluster of seven undergraduate, graduate, and professional academic institutions ("Member Institutions"). The governing body of the CUC is its Board of Overseers ("Board"). The Board is composed of the Chief Executive Officer, 14 Constituent Overseers (the Board Chair and the President of each of the seven Member Institutions, who are elected or appointed by the board of trustees of each respective Member Institution, and not by the Board of the CUC) and up to 11 At-Large Overseers, who are elected by the Board of the CUC. Form 990, Part VI, Section A, line 7b The CUC is governed, in part, by a constitution. Article VIII of that constitution provides that it may be amended by the Board, however amendments to six specific articles (Article II, Objectives, Article IV, Central Coordinating Institution, Article V, Size of Member Institutions, Article VI, Instructional Services, Article VII, Procedures for New Colleges and Other Institutions, and Article VIII, Amendments) become effective only "upon ratification by the respective boards of the member institutions." Approval of a majority of the boards of trustees of the Member Institutions is also required for certain land transactions. Form 990, Part VI, Section B, line 11 CUC utilizes a process for review of the IRS Form 990 Return of Organization Exempt from Income Tax that involves multiple layers of management as well as governing board members. CUC has engaged an outside accounting firm to prepare the 990 using information provided by individuals in the Office of Financial Services, the Office of Human Resources, and the CUC Business Affairs Office, and changes are made as needed. Once a revised draft is available, the draft is reviewed by the Chief Executive Officer. After this review and any resulting changes are complete, the revised draft is provided to members of the CUC Audit Committee for questions and comments. Once questions and comments from the Audit Committee are fielded and issues resolved, the Audit Committee accepts the 990 and provides it to all voting members of the Board of Overseers prior to filing. Form 990, Part VI, Section B, line 12c The Conflict of Interest Policy applies to overseers, officers and employees of Claremont University Consortium. Each year, the Secretary of the Board sends a copy of the policy along with a survey to all overseers and officers to determine if there are any conflicts of interest. The results are reviewed by the Chief Executive Officer to determine if any conflicts exist and are reported to the Audit Committee annually. Any action required due to a conflict is evaluated on a case by case basis. Form 990, Part VI, Section B, line 15 Claremont University Consortium has an executive compensation review policy in place for independent review by the Executive Committee of the Board of Overseers. Each year a report of compensation for officers, key employees and other disqualified persons (see Part VII) is prepared which includes historic compensation data, and national and regional survey data. The Executive Committee meets to approve total compensation before any changes are implemented. Comparability data has been prepared and presented to the Executive Committee, and is in the process of being reviewed. Compensation increases will be made once the review is complete and may be retroactive to July 1, 2014. Contemporaneous substantiation of the compensation approval is maintained in the form of board committee minutes. Form 990, Part VI, Section C, line 19 The governing/organizing documents are made available to the public upon request. The conflict of interest policy and the financial statements are available on the Claremont University Consortium website. http://www.cuc.claremont.edu/ Form 990, Part XI, line 9: Comprehensive Pension Expense 563,365. Actuarial Adjustment 17,828. Pomona College 550 N College Ave Claremont CA 91711 951664112 Education CA 501(c)(3) 2 N/A 0 Claremont Graduate University 150 E 10th Street Claremont CA 91711 951664100 Education CA 501(c)(3) 2 N/A 0 Scripps College 1030 Columbia Claremont CA 91711 951664123 Education CA 501(c)(3) 2 N/A 0 Claremont McKenna College 500 E 9th Street Claremont CA 91711 951664101 Education CA 501(c)(3) 2 N/A 0 Harvey Mudd College 301 Platt Blvd Claremont CA 91711 951911219 Education CA 501(c)(3) 2 N/A 0 Pitzer College 1050 N Mills Claremont CA 91711 952261113 Education CA 501(c)(3) 2 N/A 0 Keck Graduate Institute 535 Watson Dr Claremont CA 91711 954625327 Education CA 501(c)(3) 2 N/A 0 0 0 0 1 1 0 1 0 0 1 1 1 0 0 0 0 1 0 0