2014-04-12T07:37:14-05:00 2013-05-31 GRANT THORNTON LLP 75 STATE STREET BOSTON MA 02109 990 2012-06-01 042199867 CURRY COLLEGE % RICHARD F SULLIVAN CFO CURR 6173332302 1071 BLUE HILL AVENUE Suite MILTON MA 02186 RICHARD F SULLIVAN 6173332302 2014-03-12 true LAURA J KENNEY 6177237900 2014-03-12 2012 2015-11-30 17:44:51Z RICHARD F SULLIVAN 1071 BLUE HILL AVENUE MILTON MA 02186 105717088 false X WWW.CURRY.EDU X 1879 MA TO DEVELOP LIBERALLY EDUCATED PERSONS WHO ARE ABLE TO APPLY KNOWLEDGE HUMANELY, INTELLIGENTLY, AND EFFECTIVELY IN A COMPLEX, CHANGING WORLD. 16 15 1634 61 0 1060187 1329286 90043805 93653715 2656162 1594298 4053031 2571195 97813185 99148494 18455555 20800484 0 0 43312002 44428663 0 0 939066 27098072 29277552 88865629 94506699 8947556 4641795 188010277 200417268 93044544 89850000 94965733 110567268 X FOUNDED IN 1879, CURRY COLLEGE IS A 134-YEAR OLD PRIVATE, INDEPENDENT INSTITUTION GRANTING UNDERGRADUATE AND GRADUATE DEGREES TO A COMBINED ENROLLMENT OF APPROXIMATELY 3,800 STUDENTS. false false 47671181 20620263 75444372 INSTRUCTION - GRANTING UNDERGRADUATE AND GRADUATE DEGREES TO A COMBINED ENROLLMENT OF APPROXIMATELY 3,800 STUDENTS. THE COLLEGE OFFERS OFFERS 18 UNDERGRADUATE DEGREES AND FOUR MASTERS DEGREES. THE COLLEGE DRAWS ITS STUDENTS FROM 22 STATES AND 8 COUNTRIES. THE COMBINED FACULTY AND STAFF AT CURRY TOTAL APPROXIMATELY 900. 18954407 STUDENT SERVICES - CURRY COLLEGE OFFERS A WIDE VARIETY OF EXTRA AND CO-CURRICULAR ACTIVITIES. THESE INCLUDE FOURTEEN NCAA DIVISION III ATHLETIC TEAMS, INTRAMURAL SPORTS AND OVER 30 STUDENT CLUBS AND GROUPS. 11695749 20774212 AUXILIARY ENTERPRISES - CURRY COLLEGE PROVIDES HOUSING AND MEAL SERVICES TO STUDENTS. MORE THAN 1,290 STUDENTS RESIDE ON CAMPUS IN 17 DIFFERENT RESIDENCE HALLS. 7004905 180221 85326242 true true false false false false false false false true true true false false true true true false true false false false false false true false false true true true true false false false false false false false false false false true false false false false false false false false true 71 0 true 1634 true false false false false false true true false false false false X 16 15 false false false false false false false true true false false true true true true true true true true false MA X X RICHARD F SULLIVAN CFO 6173332302 CURRY COLLEGE 1071 BLUE HILL AVE MILTON MA 02186 KENNETH K QUIGLEY JR 40.0 X X 474270 0 73819 DR SALVATORE A BALSAMO 1.0 X ANTHONY M CAMPO ESQ 1.0 X DR MELVIN B DRAPKIN 1.0 X DAVID K HEMENWAY 1.0 X JOHN W KEITH 1.0 X VINCENT J LOMBARDO 1.0 X JOHN T MAHONEY ESQ 1.0 X DR JOYCE A MURPHY 1.0 X ROBERT M PLATT 1.0 X JOSEPH P PLUNKETT 1.0 X MITCHELL I QUAIN 1.0 X CURTIS RODMAN 1.0 X DR JOHN J SANTILLI 1.0 X KATHRYN M SARDELLA 1.0 X DR JAMES M SULLIVAN 1.0 X RICHARD F SULLIVAN 40.0 X 354048 32124 DAVID POTASH 40.0 X 243729 28487 CHRISTOPHER M LAWSON 40.0 X 224077 29579 SUSAN W PENNINI 40.0 X 186396 28800 MARYELLEN M KILEY 40.0 X 172113 23383 DR RUTH SHERMAN 40.0 X 173750 20389 JANE FIDLER 40.0 X 170508 18989 1998891 0 255570 62 false true false SODEXO INC AND AFFILIATES DINING SERVICES 3863801 MCGARR SERVICE CORPORATION CLEANING SERVICES 1528076 CAVALIER COACH CORPORATION TRANSPORTATION 435738 ABSOLUTE GENERAL CONTRACTING INC CONSTRUCTION 295814 TOWNE TREE AND LANSCAPING LANDSCAPING SERVICES 281707 14 11485 32020 1285781 55691 1329286 TUITION AND FEES 900099 75444372 75444372 RESIDENCE HALL 721000 10453576 10453576 BOOKSTORE 451211 143157 143157 MEAL PLANS 722320 7612610 7612610 93653715 1943995 1943995 78182 78182 0 0 0 0 6122021 6549900 -427879 -427879 -427879 25020 11485 18694 6326 6326 0 0 SPORTS CAMP REVENUE 900099 1315920 1315920 DAYCARE & OTHER VENDING 624410 614932 614932 FACILITIES REVENUE 900099 514154 514154 119863 119863 2564869 99148494 75444372 22374836 X 180221 180221 20620263 20620263 0 0 1206479 245727 741516 219236 0 33202245 27213376 5871778 117091 2065358 1648212 396958 20188 5518232 4403700 1060594 53938 2436349 1944273 468262 23814 0 303309 303309 100464 100464 0 0 0 1045465 706997 338468 1050489 960071 72855 17563 3397087 1458296 1926719 12072 593994 83058 510936 5395 5395 4324909 2407578 1895207 22124 833997 691611 125940 16446 0 1835441 1386897 376453 72091 3834289 3471253 236061 126975 0 5643844 4458432 1095267 90145 655219 10931 644288 DINING 4159607 4159607 OTHER CONTRACTED SERVICES 320106 117550 191055 11501 REALLOCATION OF EXPENSES 8486370 -8621154 134784 BAD DEBT EXPENSE 366292 366292 807645 300132 506415 1098 94506699 85326242 8241391 939066 249373 219533 579082 625424 77588 200000 4134502 1309882 0 0 0 0 223541 224601 0 0 927934 838235 144203241 54117304 90363422 90085937 61662514 76045016 20133711 21392879 0 0 0 0 9658610 9475761 188010277 200417268 12426432 11311707 0 0 2788223 2715580 76874125 74789214 0 0 0 0 0 0 0 0 955764 1033499 93044544 89850000 X 90579622 105710120 2882671 3136255 1503440 1720893 94965733 110567268 188010277 200417268 4641795 10959740 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61535483 2484100 12382502 88163 296979 76016943 57473904 5311436 -859624 51952 338281 61535483 40738024 9569256 7513959 73267 274068 57473904 29415831 6317688 5341688 57531 279652 40738024 32964568 344256 -3430548 132206 330239 29415831 0.93600 0.02300 0.04100 false false 2350857 2350857 108386622 30386006 78000616 361357 358683 2674 22457742 17941276 4516466 10646663 5431339 5215324 90085937 REPURCHASE AGREEMENTS W BANKS 16339195 F OVERNIGHT SWEEP ACCOUNT W BANK 5053684 F 21392879 0 STUDENT DEPOSITS 711486 GOVERNMENT ADVANCES - STUDENT 286542 AGENCY FUNDS 35471 1033499 X 89487971 10959740 10959740 78528231 20620263 20620263 99148494 73886436 73886436 20620263 20620263 94506699 SCHEDULE D PART V, LINE 4 THE COLLEGE INTENDS TO USE ALL OF ITS ENDOWMENT FUNDS IN SUPPORT OF ITS EXEMPT PURPOSE. EXTERNALLY RESTRICTED FUNDS WILL BE USED IN A MANNER CONSISTENT WITH DONOR RESTRICTIONS, INCLUDING SCHOLARSHIPS, FACILITIES AND VARIOUS STUDENT SERVICES. THE SPECIFIC USE OF UNRESTRICTED FUNDS WILL BE AS APPROVED BY THE COLLEGE'S GOVERNING BOARD ON NEEDS IDENTIFIED AT THE TIME. SCHEDULE D, PART X, LINE 2 U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES GUIDANCE ON DEROGNITION, CLASSIFICATION, INTEREST, AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE COLLEGE HAD NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AT MAY 31, 2013 AND 2012. SCHEDULE D, PART XI, LINE 4B TOTAL REVENUE PER THE AUDITED FINANCIAL STATEMENTS IS PRESENTED NET OF INSTITUTIONAL SCHOLARSHIPS. FOR PURPOSES OF FORM 990 REPORTING, TOTAL REVENUE HAS BEEN GROSSED UP BY INSTITUTIONAL SCHOLARSHIPS OF $20,620,263. SCHEDULE D, PART XII, LINE 4B FOR PURPOSES OF 990 REPORTING, TOTAL EXPENSES PER THE AUDITED FINANCIAL STATEMENTS OF $73,886,436 HAVE BEEN GROSSED UP BY INSTITUTIONAL SCHOLARSHIPS OF $20,620,263. ON THE AUDITED FINANCIAL STATEMENTS THESE AMOUNTS ARE PRESENTED AS AN OFFSET TO STUDENT TUITION/FEES REVENUE. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 CURRY COLLEGE IS AN INDEPENDENT NONSECTARIAN INSTITUTION THAT ADMITS STUDENTS WHO HAVE THE NECESSARY PREPARATION AND ACADEMIC BACKGROUND TO MEET THE REQUIREMENTS OF THE COLLEGE. NO STUDENT IS DENIED ADMISSION ON THE GROUNDS OF RACE, RELIGION, COLOR, SEX, AGE, ETHNIC OR NATIONAL ORIGIN OR ANCESTRY, PHYSICAL OR MENTAL DISABILITY, PREGNANCY, SEXUAL ORIENTATION, GENER IDENTITY OR EXPRESSION, GENETIC INFORMATION, VERTERAN OR MILITARY STATUS, MEMBERSHIP IN THE UNIFORMED SERVICES, OR ANY OTHER PROTECTED STATUS AND PROVIDED THAT HE OR SHE HAS THE NECESSARY PREPARATION AND ACADEMIC BACKGROUND. THIS INFORMATION IS PUBLISHED IN VARIOUS LITERATURE PROMOTING THE COLLEGE AND THE ANNUAL CURRY COLLEGE COURSE CATALOG. THE COLLEGE'S NONDISCRIMINATION POLICY CAN BE FOUND ON ITS WEBSITE AT WWW.CURRY.EDU. SCHEDULE, PART I, LINE 6A CERTAIN STUDENTS OF THE COLLEGE RECEIVE FINANCIAL AID FROM THE STATE AND FEDERAL GOVERNMENT IN THE FORM OF GRANTS AND LOANS. THE COLLEGE AWARDS GRANTS AND LOANS UNDER THE FEDERAL PELL GRANT, WILLIAM D. FORD FEDERAL DIRECT LAON PROGRAM, FEDERAL WORK-STUDY, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT (FSEOG), AND FEDERAL PERKINS LOAN PROGRAM. FOOTBALL GOLF 20280 6445 13835 1100 7400 3540 180 HOCKEY GOLF 16225 5040 11185 900 4410 1092 72 0 36505 11485 25020 2000 11810 4632 252 18694 6326 true TOWN OF MILTON 525 CANTON AVE MILTON MA 02186 046001228 SECTION 115 53846 MILTON PILOT CAPE CODE BASEBALL LEAGE PO BOX 266 HARWICHPORT MA 02646 042687718 501(C)(3) 16500 SPONSORSHIP RODMAN RIDE FOR KIDS INC 10 LINCOLN ROAD FOXBORO MA 02035 043329283 501(C)(3) 16500 SPONSORSHIP MILTON FOUNDATION FOR EDUCATION PO BOX 223 MILTON MA 02186 043307338 501(C)(3) 10000 SPONSORSHIP MILTON LIBRARY FOUNDATION 476 CANTON AVENUE MILTON MA 02186 043614024 501(C)(3) 7500 SPONSORSHIP MILTON HIGH SCHOOL BOOSTERS PO BOX 375 MILTON MA 02186 261821292 501(C)(3) 7000 SPONSORSHIP 6 CURRY COLLEGE INSTITUTIONAL SCHOLARSHIP 2857 19997136 TUITION DISCOUNTS 18 104195 STIPENDS 90 518932 SCHEDULE I PART I, LINE 1 THE COLLEGE ISSUES SCHOLARSHIPS TO STUDENTS WHO ARE REQUIRED TO MATRICULATE AT THE COLLEGE. THE STUDENT DOES NOT HAVE ANY DISCRETION ON HOW FUNDS ARE USED; ALL FUNDS ARE USED TO DEFRAY THE COSTS OF ATTENDING CURRY COLLEGE, THEREFORE, THE COLLEGE IS NOT REQUIRED TO FURTHER MONITOR THE USE OF THE GIFTED FUNDS. THE COLLEGE MAINTAINS A COMPUTERIZED SYSTEM WITH INTEGRATED CONTROLS TO ENSURE THAT SCHOLARSHIP AWARDS ARE MADE IN ACCORDANCE WITH ESTABLISHED CRITERIA AS APPROVED BY SENIOR MANAGEMENT AND FEDERAL AND STATE AUTHORITIES, AS APPROPRIATE. A SERIES OF REPORTS HAVE BEEN DEVELOPED AND ARE USED BY MANAGEMENT TO IDENTIFY AND ADDRESS ANY EXCEPTIONS. ANNUALLY, THE COLLEGE'S FINANCIAL AID AWARDING PROCESS IS AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. GRANTS AND OTHER ASSISTANCE TO GOVERNMENTS AND ORGANIZATIONS IN THE UNITED STATES ARE REVIEWED AND APPROVED BY THE COLLEGE'S PRESIDENT AND CHIEF FINANCIAL OFFICER. IN EACH CASE, THE COLLEGE IS AWARE OF THE CHARITABLE USE OF THE FUNDS, WHICH IS TYPICALLY FOR THE GENERAL PURSUIT OF THE RECEIVING ORGANIZATION'S EXEMPT PURPOSES AND NOT EARMARKED FOR A SPECIFIC USE. THE COLLEGE BELIEVES IN EACH INSTANCE THAT THESE FORMS OF ASSISTANCE ARE IN THE COLLEGE'S BEST INTEREST IN PROMOTING ITS IMAGE AND THE PURSUIT OF ITS EXEMPT PURPOSE. X X X X X false true X X X X X false false false false false false false true false KENNETH K QUIGLEY JR 384105 0 75000 0 15165 0 17500 0 56319 0 548089 0 0 RICHARD F SULLIVAN 267860 75000 11188 16385 15739 386172 DAVID POTASH 177459 66000 270 13288 15199 272216 CHRISTOPHER M LAWSON 169697 35000 19380 13371 16208 253656 SUSAN W PENNINI 165622 20000 774 11881 16919 215196 MARYELLEN M KILEY 137454 20000 14659 10152 13231 195496 DR RUTH SHERMAN 137562 35000 1188 10500 9889 194139 JANE FIDLER 125383 30000 15125 9433 9556 189497 PART 1 LINE 1A ONE A VERY LIMITED BASIS, THE COLLEGE PROVIDES TRAVEL FOR COMPANIONS FOR THE PRESIDENT AND OTHER SENIOR STAFF MEMBERS REQUIRED TO ATTEND CERTAIN COLLEGE RELATED EVENTS WHEN NECESSARY FOR THE EMPLOYEE TO CARRY OUT HIS/HER DUTIES. THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION FOR THESE LISTED INDIVIDUALS. THE COLLEGE PROVIDES TAX IDEMNIFICATION AND GROSS-UP PAYMENTS RELATED TO THE USE OF COLLEGE PROVIDED VEHICLES FOR THE CHIEF DEVELOPMENT OFFICER, DEAN OF STUDENTS, AND THE DEAM OF ADMISSIONS, THIS BENEFIT WAS TREATED AS TAXABLE COMPENSATION FOR THESE LISTED PEOPLE. THE COLLEGE PROVIDES A RESIDENCE FOR PERSONAL USE, AS WELL AS MAINTAINS THIS RESIDENCE FOR THE PRESIDENT. THE PRESIDENT IS REQUIRED TO LIVE IN THIS RESIDENCE AS A CONDITION OF EMPLOYMENT. THE NON-BUSINESS RELATED PORTION OF THIS BENEFIT WAS TREATED AS TAXABLE COMPENSATION TO THE PRESIDENT. THE COLLEGE PROVIDES ITS CHIEF DEVELOPMENT OFFICER WITH MEMBERSHIP TO A SOCIAL CLUB WHICH IS USED SOLEY FOR BUSINESS PURPOSES FOR FUNDRAISING ACTIVITY. THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION FOR THIS INDIVIDUAL. PART I, LINE 1B ON A CASE BY CASE BASIS, PAYMENT AND REIMBURSEMENTS ARE APPROVED BY THE BOARD OF TRUSTEES OR THE PRESIDENT, AS APPROPRIATE PART 1, LINE 7 ON AN ANNUAL BASIS THE BOARD OF TRUSTEES, THROUGH ITS FINANCE AND PHYSICAL FACILITIES COMMITTEE, APPROVES DISCRETIONARY BONUSES PRIOR TO PAYMENT, INCLUDING THOSE REFLECTED IN FORM 990 SCHEDULE J, PART II. PURSUANT TO THE COLLEGE'S BOARD-APPROVED KEY EMPLOYEE COMPENSATION POLICY, THE AMOUNTS ARE BASED ON INDIVIDUAL PERFORMANCE AND A REVIEW OF THE EMPLOYEE'S TOTAL COMPENSATION IN COMPARISON TO THOSE IN SIMILAR ROLES AT OTHER EMPLOYERS. THE BOARD'S REVIEW OF THIS COMPARABLE DATA AND ITS APPROVAL OF THE DISCRETIONARY BONUSES IS DOCUMENTED CONTEMPORANEOUSLY IN ITS MINUTES. A MASSACHUSETTS DEVELOPMENT FINANCE 043431814 57583FQ79 2003-06-25 9348682 CONSTRUCTION OF RESIDENCE HALL false false false B MASSACHUSETTS DEVELOPMENT FINANCE 043431814 57583RAV7 2005-05-27 19671813 SEE DESCRIPTION IN PART VI false false false C MASSACHUSETTS DEVELOPMENT FINANCE 043431814 57583RGB5 2006-08-16 35514127 SEE DESCRIPTION IN PART VI false false false A 1990000 0 9511579 595734 46536 0 187967 328086 0 8228077 125179 0 2003 false false true true B 3240000 0 20113229 1244171 401117 0 272741 614526 0 17366478 214196 0 2006 false false true true C 2780000 0 38553542 2393531 782441 0 444458 622293 0 33749442 561377 0 2009 false false true true A false true true false false 0.06140 0.00000 0.06140 false false false true B false true true false false 0.05280 0.00000 0.05280 false false false true C false true true false false 0.00000 0.00000 0.00000 false false false true A false false false true false false 0 false 0 false true B false false false true false false 0 false 0 false true C false false false true false false 0 false 0 false true A true B true C true SCHEDULE K, PART I, LINE B, COLUMN F 0 BONDS WERE ISSUED TO CONSTRUCT A RESIDENCE HALL, PURCHASE A NEW PIECE OF PROPERTY, CONSTRUCT AN ARTIFICIAL TURF ATHLETIC FIELD, CONSTRUCT A NEW DAYCARE FACILITY, AND OTHER CAPITAL IMPROVEMENTS. SCHEDULE K, PART I, LINE C, COLUMN F 0 BONDS WERE ISSUED TO DEMOLISH AN EXISTING STUDENT CENTER AND CONSTRUCT A NEW STUDENT CENTER, CONSTRUCTION OF A NEW ACADEMIC BUILDING, AND EXPANSION AND RENOVATION OF AN EXISTING ADMINISTRATIVE OFFICE BUILDING. SCHEDULE K, PART III, LINE 4, COLUMN A, B, C 0 The college has established procedures to monitor private business use arrangements pertaining to all facilities it has financed or refinanced with tax-exempt bonds, and the college monitors all such uses on an annual or more frequent basis. The monitoring is intended to ensure that over the term to maturity of each such bond issue, the college will not exceed the aggregate private business use limitation applicable to any issue. SCHEDULE K, PART IV, LINE 2C, COLUMN A, B, C 0 THE COLLEGE PERFORMS REBATE COMPUTATIONS ANNUALLY ON ALL OF ITS TAX-EXEMPT BONDS. THE MOST RECENT COMPUTATIONS WERE PERFORMED AS OF MAY 31, 2013. X 5 55691 FMV false true true PART I, LINE 32A THE COLLEGE MAKES A PRACTICE OF SELLING ALL NONCASH CONTRIBUTIONS OF SECURITIES UPON RECEIPT. THESE SECURITIES ARE SOLD THROUGH A REGISTERED BROKER-DEALER. PART III LINE 4D ACADEMIC SUPPORT - CURRY COLLEGE ACADEMICALLY SUPPORTS STUDENTS WITH OUR ACADEMIC ENRICHMENT CENTER AND CAMPUS LIBRARY. IN ADDITION, THE CAMPUS IS CONNECTED BY A NETWORK THAT LINKS ALL ACADEMIC FACILITIES AND RESIDENCE HALLS ENABLING STUDENTS DIRECT ACCESS TO E-MAIL, LIBRARY SOURCES AND THE INTERNET. PART IX, LINE 11G OTHER FEES FOR SERVICES REPRESENTS EXPENDITURES FOR CONSULTANTS ($950,787), OFFICIATING ($63,069), POLICE ($9,252), PHOTOGRAPHY ($7,922) AND OTHER PROFESSIONAL SERVICES ($14,435). PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE COLLEGE'S CONTROLLER AND REVIEWED BY THE CHIEF FINANCIAL OFFICER AS WELL AS THE COLLEGE'S OUTSIDE TAX FIRM. A COPY OF THE 990 WAS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO THE FORM 990 BEING SUBMITTED TO THE INTERNAL REVENUE SERVICE. PART VI, SECTION B, LINE 12C THE COLLEGE HAS TWO CONFLICT OF INTEREST POLICIES, ONE THAT COVERS ALL BOARD MEMBERS AND A SECOND THAT COVERS ALL EMPLOYEES. BOTH POLICIES ARE UNDER THE OVERSIGHT OF THE BOARD OF TRUSTEES, THE CFO AND/OR PRESIDENT REVIEW POTENTIAL CONFLICTS OF INTEREST BY EMPLOYEES AND ALL NON-INTERESTED TRUSTEES REVIEW POTENTIAL CONFLICTS OF INTEREST BY TRUSTEES. THE PERSON WIHT THE POTENTIAL CONFLICT WOULD PROVIDE INFORMATION TO THE BOARD OR CFO/PRESIDENT AS APPLICABLE. IN THE CASE OF TRUSTEES WITH A POTENTIAL CONFLICT OF INTEREST, THEY WOULD LEAVE THE BOARD MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT WHICH RESULTED IN THE CONFLICT. PART VI, SECTION B, LINE 15 A & B THE COLLEGE HAS A COMPENSATION POLICY WHICH COVERS THE CEO (PRESIDENT), CFO, AND ALL OTHER SENIOR MANAGEMENT. FOR THE CEO AND CFO POSITIONS, AN INDEPENDENT CONSULTANT IS ENGAGED TO PREPARE A REPORT THAT COMPARES THE COMPENSATION OF THESE POSITIONS TO PEER INSTITUTIONS, OTHER NOT FOR PROFIT ORGANIZATIONS AS WELL AS TO THE GENERAL INDUSTRY. FOR ALL OTHER SENIOR MANAGEMENT POSITIONS, THE DIRECTOR OF HUMAN RESOURCES UTILIZES SURVEY INFORMATION TO PROVIDE COMPARABILITY DATA. THE PROCESSES ARE UNDERTAKEN ON AN ANNUAL BASIS, MOST RECENT AUGUST 2012 AND 2013. THE COMPENSATION FOR THESE INDIVIDUALS IS APPROVED BY THE FINANCE AND PHYSICAL FACILITIES COMMITTEE OF THE BOARD OF TRUSTEES, AND THERE IS CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATION AND DECISIONS REGARDING THE COMPENSATION AGREEMENT. PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST.