BAY PATH UNIVERSITY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- BAY PATH UNIVERSITY (EIN 04-2103865)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-15
- IRS object ID
- 201401359349303590
- Schema version
- 2012v2.3
- 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 L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-15T10:24:41-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOLF & COMPANY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 HIGH STREET 21ST FLOOR | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103865 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bay Path College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % DONNA GUERTIN | InCareOfName |
| Name Control | BAYP | NameControl |
| Phone | 4135651000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 588 Longmeadow Street | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | Longmeadow | City |
| State | MA | State |
| ZIP Code | 01106 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Michael Giampietro | Name |
| Title | CFO | Title |
| Phone | 4135651000 | Phone |
| Date Signed | 2014-05-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Anthony T Carideo Jr CPA | Name |
| Phone | 6174399700 | Phone |
| Date Prepared | 2014-05-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | michael giampietro | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 588 longmeadow street | AddressLine1 |
| City | longmeadow | City |
| State | MA | State |
| ZIP Code | 01106 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 59283062 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.baypath.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1940 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | distinctive, progressive, professionally focused, four-year and graduate college for undergraduate women and co-educational graduate students | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 28 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1066 | TotalNbrEmployees |
| Total Nbr Volunteers | 75 | TotalNbrVolunteers |
| Total Gross UBI | 3961 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 531 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1690970 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3054577 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 40973294 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 45362640 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1300519 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1688562 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 565553 | OtherRevenuePriorYear |
| Other Revenue Current Year | 255083 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 44530336 | TotalRevenuePriorYear |
| Total Revenue Current Year | 50360862 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10915417 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 11435109 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 18710228 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 20808597 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 22066 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 16857 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 967384 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11005452 | OtherExpensePriorYear |
| Other Expenses Current Year | 12075813 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 40653163 | TotalExpensesPriorYear |
| Total Expenses Current Year | 44336376 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3877173 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6024486 | RevenuesLessExpensesCY |
| Total Assets BOY | 69233489 | TotalAssetsBOY |
| Total Assets EOY | 77620808 | TotalAssetsEOY |
| Total Liabilities BOY | 13671898 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 14278552 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 55561591 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 63342256 | NetAssetsOrFundBalancesEOY |
| Mission Description | BAY PATH COLLEGE (THE "COLLEGE") IS A DISTINCTIVE, PROGRESSIVE, PROFESSIONALLY FOCUSED, FOUR-YEAR AND GRADUATE COLLEGE FOR UNDERGRADUATE WOMEN AND CO-EDUCATIONAL GRADUATE STUDENTS. A PIONEER IN INNOVATIVE UNDERGRADUATE PROGRAMS FOR WOMEN AND PROFESSIONAL GRADUATE DEGREES FOR MEN AND WOMEN, BAY PATH COLLEGE, THROUGH ITS FOCUS ON LEADERSHIP, COMMUNICATION, AND TECHNOLOGY, EDUCATES STUDENTS TO BECOME CONFIDENT AND RESOURCEFUL CONTRIBUTORS TO OUR INCREASINGLY INTERDEPENDENT WORLD. STUDENTS ARE CHALLENGED TO ACCEPT THE RESPONSIBILITIES AND TO EXPERIENCE THE REWARDS OF LEADERSHIP THROUGH THEIR EDUCATION AT BAY PATH COLLEGE. OPPORTUNITIES TO BUILD AND STRENGTHEN TECHNOLOGICAL, ANALYTICAL, AND ORAL AND WRITTEN COMMUNICATION SKILLS ARE THOROUGHLY INTEGRATED INTO THE CURRICULUM. STUDENTS APPLY AND EXPAND THEIR KNOWLEDGE THROUGH INTERNSHIPS, FIELD PLACEMENTS OR FOCUSED PROJECTS IN A WIDE VARIETY OF SETTINGS. THE COLLEGE, WHICH VALUES AND PROMOTES DIVERSITY, RESPECTS THE NEEDS, VIEWS, AND RIGHTS O | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 35425591 | Expense |
| Grants | 11435109 | Grants |
| Revenue | 40818703 | Revenue |
| Description | The College provides instruction, academic support, student services and student financial aid to carry out its exempt purposes, serving approximately 2,400 students. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2216731 | Expense |
| Revenue | 4120859 | Revenue |
| Description | Auxiliary enterprises provide services for the convenience of the students, faculty and staff. This includes dining services, student housing, the bookstore and other MISC. Services. The college serves approximately 2,400 students, including 350 resident students. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 37642322 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | true | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 145 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1066 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 28 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DONNA GUERTIN | NamePerson |
| Telephone Number | 4135651219 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 588 LONGMEADOW STREET | AddressLine1 |
| City | Longmeadow | City |
| State | MA | State |
| ZIP Code | 01106 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (39 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Roberta B Bolduc | |||||||
| trustee, board chair | 5.0 | X | X | 0 | 0 | 0 | |
| Cindy M Burke | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Susanne E Churchill | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Dianne Fuller Doherty | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Susan Davis Abello | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Kay Bernon | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Marvin A Coote | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Karen L Glaser | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Samuel R Hanmer | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Ann Hammer | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Stephen D Hoyt | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| George Keady III | |||||||
| trustee, Board Vice Chair | 2.0 | X | 0 | 0 | 0 | ||
| Angie McGinnis | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Mary Ann Spencer | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Patricia J Pierce | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Visael Rodriguez | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Jane E Roulier | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Barbara Sadowsky | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Gloria Smith | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Courtney Whalen | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Amanda Toner | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Ruth McLoughlin Vignati | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Robyn A NewHouse | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Jonathan Besse | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Richard Steele | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Lotrecia Marchand | |||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||
| Estela Lopez | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Jeanne Young | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Suki Kramer | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Katherine McG Sullivan | |||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||
| Carol Leary | |||||||
| President | 55.0 | X | 346534 | 0 | 96844 | ||
| Michael Giampietro | |||||||
| vp & Treasurer | 50.0 | X | 166799 | 0 | 31080 | ||
| Barbara Kochon | |||||||
| Secretary | 50.0 | X | 85734 | 0 | 20563 | ||
| Melissa Morriss-Olson | |||||||
| Provost/vp academic affairs | 50.0 | X | 178694 | 0 | 23026 | ||
| Caron Hobin | |||||||
| VP of Planning | 50.0 | 124908 | 0 | 29470 | X | ||
| Kathleen Bourque | |||||||
| VP of Advancement | 50.0 | 135752 | 0 | 14133 | X | ||
| David Demers | |||||||
| VP Technology | 50.0 | 129466 | 0 | 14099 | X | ||
| Geofrey Mills | |||||||
| Dean Sch of mgmt & soc justice | 50.0 | 124630 | 0 | 18061 | X | ||
| Jennifer Hixon | |||||||
| Dir. physician assist. prog. | 50.0 | 132011 | 0 | 17940 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1424528 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 265216 | TotalOtherCompensation |
| Number Individuals GT100 K | 16 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| kurtz inc | |||||
| PO BOX 1597 | WESTFIELD | MA | 01086 | construction | 1303402 |
| Aramark Services LLC | |||||
| 1101 Market street | PHILADELPHIA | PA | 19107 | food service | 1443200 |
| the heat doctor inc | |||||
| PO BOX 636 | AGAWAM | MA | 01001 | hvac | 555120 |
| ILS Business Services | |||||
| 570 Silver Street | AGAWAM | MA | 01001 | printing services | 276480 |
| Jenzabar Inc | |||||
| 101 Huntington Ave Suite 2200 | BOSTON | MA | 02119 | software consulting | 285000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 13 | NumberOfContractorsGT100K |
| Fundraising Events | 6795 | FundraisingEvents |
| Government Grants | 877031 | GovernmentGrants |
| All Other Contributions | 2170751 | AllOtherContributions |
| Noncash Contributions | 101037 | NoncashContributions |
| Total Contributions | 3054577 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 40818703 | 40818703 |
| RESIDENCE AND DINING | 611710 | 4120859 | 4120859 |
| WOMEN'S CONFERENCE | 611600 | 415595 | 415595 |
| THEATER DEPARTMENT | 711110 | 7483 | 7483 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 45362640 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 840861 | TotalRevenueColumn |
| Exclusion | $840,861 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 138521 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 63011 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 75510 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 75510 | TotalRevenueColumn |
| Exclusion | $75,510 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 9697330 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8849629 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 847701 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 847701 | TotalRevenueColumn |
| Exclusion | $847,701 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 9905 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 6795 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 9560 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 345 | TotalRevenueColumn |
| Exclusion | $345 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| FOOD SERVICE | 722210 | 120052 | 116923 | 3129 |
| OTHER REVENUE | 900099 | 16257 | 16257 | |
| BOOKSTORE | 451211 | 42087 | 42087 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 832 | TotalRevenueColumn |
| Unrelated Business Revenue | 832 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 179228 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 50360862 | TotalRevenueColumn |
| Related Or Exempt Function Income | 45537907 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 3961 | UnrelatedBusinessRevenue |
| Exclusion | $1,764,417 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11272045 | Total |
| Program Services | 11272045 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 163064 | Total |
| Program Services | 163064 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 962365 | Total |
| Program Services | 201427 | ProgramServices |
| Management And General | 760938 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16526947 | Total |
| Program Services | 14479136 | ProgramServices |
| Management And General | 1444411 | ManagementAndGeneral |
| Fundraising | 603400 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1059307 | Total |
| Program Services | 773412 | ProgramServices |
| Management And General | 245075 | ManagementAndGeneral |
| Fundraising | 40820 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1026997 | Total |
| Program Services | 730783 | ProgramServices |
| Management And General | 253907 | ManagementAndGeneral |
| Fundraising | 42307 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1232981 | Total |
| Program Services | 1050275 | ProgramServices |
| Management And General | 137867 | ManagementAndGeneral |
| Fundraising | 44839 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86948 | Total |
| Management And General | 86948 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70000 | Total |
| Management And General | 70000 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16857 | Total |
| Fundraising | 16857 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2662079 | Total |
| Program Services | 1908930 | ProgramServices |
| Management And General | 707132 | ManagementAndGeneral |
| Fundraising | 46017 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1187258 | Total |
| Program Services | 967666 | ProgramServices |
| Management And General | 213722 | ManagementAndGeneral |
| Fundraising | 5870 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1700425 | Total |
| Program Services | 1573099 | ProgramServices |
| Management And General | 111020 | ManagementAndGeneral |
| Fundraising | 16306 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 261301 | Total |
| Management And General | 261301 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 860925 | Total |
| Program Services | 841794 | ProgramServices |
| Management And General | 19131 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 453583 | Total |
| Program Services | 386782 | ProgramServices |
| Management And General | 46852 | ManagementAndGeneral |
| Fundraising | 19949 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110790 | Total |
| Program Services | 95653 | ProgramServices |
| Management And General | 11577 | ManagementAndGeneral |
| Fundraising | 3560 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 359766 | Total |
| Program Services | 269825 | ProgramServices |
| Management And General | 79062 | ManagementAndGeneral |
| Fundraising | 10879 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2194970 | Total |
| Program Services | 1877699 | ProgramServices |
| Management And General | 317271 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 199853 | Total |
| Management And General | 199853 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| COST OF FOOD | 1152998 | 1152998 | ||
| MEMBERSHIPS | 103123 | 63567 | 37404 | 2152 |
| ENTERTAINMENT | 528988 | 385956 | 97057 | 45975 |
| ALLOCATION OF MAINT EXPENSES | -569142 | 500845 | 68297 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142806 | Total |
| Program Services | 17353 | ProgramServices |
| Management And General | 125297 | ManagementAndGeneral |
| Fundraising | 156 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44336376 | Total |
| Program Services | 37642322 | ProgramServices |
| Management And General | 5726670 | ManagementAndGeneral |
| Fundraising | 967384 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1193458 | BOY |
| EOY | 1637827 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 956061 | BOY |
| EOY | 800051 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2500476 | BOY |
| EOY | 901624 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2446187 | BOY |
| EOY | 2573535 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105016 | BOY |
| EOY | 67525 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 735051 | BOY |
| EOY | 650336 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 61682542 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 33738396 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26777279 | BOY |
| EOY | 27944146 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32868405 | BOY |
| EOY | 41404618 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1651556 | BOY |
| EOY | 1641146 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69233489 | BOY |
| EOY | 77620808 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1695351 | BOY |
| EOY | 2396908 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 752904 | BOY |
| EOY | 752904 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2313785 | BOY |
| EOY | 2437069 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7004195 | BOY |
| EOY | 6790133 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 251815 | BOY |
| EOY | 174812 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1653848 | BOY |
| EOY | 1726726 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13671898 | BOY |
| EOY | 14278552 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46962355 | BOY |
| EOY | 53405464 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2366078 | BOY |
| EOY | 3134487 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6233158 | BOY |
| EOY | 6802305 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55561591 | BOY |
| EOY | 63342256 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69233489 | BOY |
| EOY | 77620808 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6024486 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 1752652 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 3527 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $1,136 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 1136 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
| Form4720 Filed4912 Tax | false | Form4720Filed4912Tax |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Other Lobbying Activities | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1(i) | ReturnReference |
| Explanation | The College has memberships and affiliations with organizations that may conduct lobbying activities. The College pays annual membership dues to these organizations. For purposes of this form, it is estimated that 4% of the total membership dues have been used in connection with lobbying activities. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 31742637 | BeginningOfYearBalance |
| Contributions | 562033 | Contributions |
| Investment Earnings Or Losses | 3214619 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 150208 | GrantsOrScholarships |
| Other Expenditures | 14205 | OtherExpenditures |
| End Of Year Balance | 35354876 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 31902121 | BeginningOfYearBalance |
| Contributions | 422915 | Contributions |
| Investment Earnings Or Losses | -405706 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 156926 | GrantsOrScholarships |
| Other Expenditures | 19767 | OtherExpenditures |
| End Of Year Balance | 31742637 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22909661 | BeginningOfYearBalance |
| Contributions | 4289469 | Contributions |
| Investment Earnings Or Losses | 4867418 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 147693 | GrantsOrScholarships |
| Other Expenditures | 16734 | OtherExpenditures |
| End Of Year Balance | 31902121 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18747154 | BeginningOfYearBalance |
| Contributions | 1786601 | Contributions |
| Investment Earnings Or Losses | 2491523 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 115617 | GrantsOrScholarships |
| End Of Year Balance | 22909661 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22290541 | BeginningOfYearBalance |
| Contributions | 335515 | Contributions |
| Investment Earnings Or Losses | -3723485 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 155417 | GrantsOrScholarships |
| End Of Year Balance | 18747154 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.79743 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.18737 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.01520 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3325732 | OtherCostOrOtherBasis |
| Book Value | 3325732 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 961931 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 37224878 | OtherCostOrOtherBasis |
| Depreciation | 17389986 | Depreciation |
| Book Value | 20796823 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 626186 | OtherCostOrOtherBasis |
| Depreciation | 344402 | Depreciation |
| Book Value | 281784 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18584013 | OtherCostOrOtherBasis |
| Depreciation | 16004008 | Depreciation |
| Book Value | 2580005 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 959802 | OtherCostOrOtherBasis |
| Book Value | 959802 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 27944146 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LEGAL OBLG ASSOC. W/ASSET RETI | $1,379,491 |
| ANNUITY OBLIGATIONS | $347,235 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1726726 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 40727047 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1752652 | NetUnrealizedGainsInvestments |
| Other Revenues | 3527 | OtherRevenues |
| Revenue Not Rptd F990 | 1756179 | RevenueNotRptdF990 |
| Revenue Subtotal | 38970868 | RevenueSubtotal |
| Other Revenues Not Included | 11389994 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 11389994 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 50360862 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 32946837 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 45570 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 45570 | ExpensesNotRptdF990 |
| Expenses Subtotal | 32901267 | ExpensesSubtotal |
| Other Expenses Not Included | 11435109 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 11435109 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 44336376 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Escrow & Custodial Arrangements | Schedule D, Part IV, Line 2B | The College owns and rents residential properties contiguous to the campus. The tenants's security deposits are maintained in escrow accounts at a local bank. In addition, the college maintains a charitable annuity pool at Key Bank. for the investment of charitable gift annuities. A liability is recognized for the expected future payments to annuities. |
| Endowment Fund | Schedule D, Part V, Line 4 | The College's endowment fund is an investment portfolio comprised of donor-restricted (true) and board-designated (quasi) endowment funds. The intentions of the fund are to generate a total return that preserves the long-term real purchasing power of the endowment funds and provides a relatively predictable and increasing revenue stream to be used for donor-specified and board-designated purposes that support the mission of the college. For Section D, College contributions include funds transferred from donor restricted fund to the unrestricted quasi-endowment fund to support the donor restricted scholarships awarded during the fiscal year from liquid, unrestricted investments. |
| Uncertain Tax Positions | Schedule D, Part X, Line 2 | The College was granted an exempt status under Internal Revenue Code ("IRC") Section 501(a) as an organization described under Internal Revenue Code Section 501(c)(3). Under IRC 501(a), the College is generally exempt from taxes on related income. Tax positions taken or expected to be taken, including the position that the College qualifies as a tax exempt entity, are required to be evaluated to determine whether the tax positions are "more-likely-than-not" to be upheld under regulatory review. Tax positions not deemed to meet the more-likely-than-not threshold would be accrued and disclosed in the financial statements. There are no uncertain tax positions that require accrual or disclosure at June 30, 2013 or 2012. The College records interest and penalties as part of income tax expense. No interest or penalties were recorded for the years ended June 30, 2013 or 2012. The Colleges tax returns for fiscal years ended June 30, 2010 to present are subject to review by federal and state taxing authorities. |
| Reconciliation of Revenue | Schedule D, Part XI, Lines 2D & 4B | Line 2D - Other Adjustments: Change in Asset Retirement Obligation 3,527 Line 4b - Other Adjustments: Scholarships & Grants 11,435,109 Golf Tournament Expenses (9,560) Rent Expenses (35,555) ------------ Total Other Adjustments 11,389,994 ============ |
| Reconciliation of Expenses | Schedule D, Part XII, Lines 2D & 4B | Line 2D - Other Adjustments: Golf Tournament Expenses 9,560 Travel Ed Expenses 455 Rent Expenses 35,555 ------ Total Other Adjustments 45,570 Line 4b - Other Adjustments: Scholarships & Grants 11,435,109 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Racially Nondiscriminatory Policy | Schedule E, Part I, Line 3 | Publications, applications, registration forms, newspaper advertisements and summer programs make reference to the college's racially nondiscriminatory policy. |
| Explanation of Government Financial Aid | Schedule E, Part I, Line 6 | All federal and state funds received are expended entirely for student financial aid in accordance with the U.S. office of management and budget circular A-133 for Federal Funds, and with specific requirements applicable to the Massachusetts Office of Student Financial Assistance programs for state funds. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (10 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|
| Europe (Including Iceland and Greenland) | Program Services | study on abroad | 22734 |
| South America | Program Services | student travel/trip | 40648 |
| Sub-Saharan Africa | Program Services | student travel/trip | 9900 |
| Sub-Saharan Africa | Program Services | marketing | 4500 |
| Central America and the Caribbean | Grantmaking | 29500 | |
| East Asia and the Pacific | Grantmaking | 77064 | |
| Europe (Including Iceland and Greenland) | Grantmaking | 9000 | |
| Middle East and North Africa | Grantmaking | 5000 | |
| North America | Grantmaking | 16500 | |
| Sub-Saharan Africa | Grantmaking | 26000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Amount Spent | 240846 | SubtotalAmountSpent |
| Total Amount Spent | 240846 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (6 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|---|
| Student Scholarships | Central America and the Caribbean | 2 | 29500 | tuition pmt | fmv |
| Student Scholarships | East Asia and the Pacific | 6 | 77064 | tuition pmt | fmv |
| Student Scholarships | Europe (Including Iceland and Greenland) | 1 | 9000 | tuition pmt | fmv |
| Student Scholarships | Middle East and North Africa | 1 | 5000 | tuition pmt | fmv |
| Student Scholarships | North America | 1 | 16500 | tuition pmt | fmv |
| Student Scholarships | Sub-Saharan Africa | 2 | 26000 | tuition pmt | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grant Making Procedures | Identifier |
| Return Reference | Schedule F, Part I, Line 2 | ReturnReference |
| Explanation | All grants and assistance outside of the United States is given as scholarships toward tuition for foreign students to attend Bay Path College. These scholarships are monitored by the college's Financial Aid staff based on the student's merit and need. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | Washburn and McGoldrick Inc | NameOfIndividual |
| Activity | fundraising | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Amount Retained By Contractor | 16857 | AmountRetainedByContractor |
| Net To Organization | -16857 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 16857 | TotalRetainedByContractors |
| Total Net To Organization | -16857 | TotalNetToOrganization |
| Licensed States | MA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | golf tournament | NameOfEvent1 |
| Gross Receipts Event1 | 16700 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 6795 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 9905 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 9203 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 357 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 16700 | GrossReceiptsTotal |
| Charitable Contributions Total | 6795 | CharitableContributionsTotal |
| Gross Revenue Total Events | 9905 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 9203 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 357 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 9560 | DirectExpenseSummaryEvents |
| Net Income Summary | 345 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships & Aid to Students | TypeOfGrant |
| Number Of Recipients | 1802 | NumberOfRecipients |
| Amount Of Cash Grant | 11272045 | AmountOfCashGrant |
| Method Of Valuation | fmv | MethodOfValuation |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule I, Part I, Line 2 | Identifier |
| Explanation | Bay Path College receives grant money from federal and state government for student financial aid. This grant money is disbursed to the student accounts as it is received by the college. The student awards are based on the federal and state guidelines for each grant type. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Carol Leary | ||||||||||||||
| President | 339325 | 0 | 0 | 0 | 7209 | 0 | 38549 | 0 | 58295 | 0 | 443378 | 0 | 0 | 0 |
| Michael Giampietro | ||||||||||||||
| vp & Treasurer | 166579 | 0 | 0 | 0 | 220 | 0 | 15425 | 0 | 15655 | 0 | 197879 | 0 | 0 | 0 |
| Caron Hobin | ||||||||||||||
| VP of Planning | 124465 | 0 | 0 | 0 | 443 | 0 | 12207 | 0 | 17263 | 0 | 154378 | 0 | 0 | 0 |
| Melissa Morriss-Olson | ||||||||||||||
| Provost/vp academic affairs | 178039 | 0 | 0 | 0 | 655 | 0 | 15904 | 0 | 7122 | 0 | 201720 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule J, Part I, Line 1a | Identifier |
| Explanation | Housing THE COLLEGE PRESIDENT RESIDES IN A COLLEGE-OWNED RESIDENCE CONTIGUOUS TO THE CAMPUS AS REQUIRED IN HER EMPLOYMENT CONTRACT. NUMEROUS FUNCTIONS TAKE PLACE AT THE PRESIDENT'S RESIDENCE IN SUPPORT OF THE COLLEGE'S MISSION. DONORS, STAFF AND MOST IMPORTANTLY STUDENTS ARE WELCOMED THROUGHOUT THE YEAR. THE AVAILABILITY AND APPROACHABILITY OF THE COLLEGE PRESIDENT IS A KEY ELEMENT TO INSTILLING THE SENSE OF COMMUNITY AND CARING THAT IS CENTRAL TO THE COLLEGE'S MISSION. Personal Services GIVEN THE VISIBILITY OF AND MANY FUNCTIONS/MEETINGS THAT TAKE PLACE AT THE PRESIDENT'S RESIDENCE. A COLLEGE EMPLOYEE CLEANS THE HOME, AT VIRTUALLY NO EXTRA COST TO THE COLLEGE. Travel for Companions THE PRESIDENT'S EMPLOYMENT CONTRACT ALLOWS FOR SPOUSAL TRAVEL, HOWEVER, THIS TRAVEL IS ON A LIMITED BASIS, TYPICALLY INVOLVING THE SPOUSE'S SERVICE AS A CHAPERONE WHEN HE ACCOMPANIES THE PRESIDENT ON THE ANNUAL HONOR STUDENTS' TRIP TO A WORLD CAPITAL. Health or Social Dues THE COLLEGE PAYS FOR THE PRESIDENT'S MEMBERSHIP IN A LOCAL COUNTRY CLUB AND SOCIAL CLUB, ENTIRELY FOR BUSINESS PURPOSES. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Massachusetts Development Finance Agency | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 043431814 | IssuerEIN |
| Date Issued | 2006-12-28 | DateIssued |
| Issue Price | 8000000 | IssuePrice |
| Description Of Purpose | renovate academic buidling, paking | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 8000000 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 78698 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 7921305 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2008 | YearOfSubstCompletion |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedProp |
| Remedial Action Taken | false | RemedialActionTaken |
| Non Qualified Bond Remed Procdrs | true | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiled |
| Rebate Not Due Yet | false | RebateNotDueYet |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Written Proc To Monitor Reqs | true | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | true | ProcToUndertkCorrectiveAction |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Mary Lou DiGiacomo | |||
| spouse of Mr. digiacomo | 20867 | employee salary | false |
| stephen D Hoyt | |||
| trustee | 72873 | window purchase | false |
| William Sipple | |||
| former key employee | 32950 | Consulting Services | false |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Business Transations involving interested Persons | Identifier |
| Return Reference | Schedule L, Part IV | ReturnReference |
| Explanation | Mary Lou Digiacomo, a employee of Bay Path College, is the spouse of a non-voting board member. Stephen Hoyt, the trustee of Bay Path College, is also the owner of A.W. Hastings, which the College did business with during the tax year. | Explanation |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 11 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 101037 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | fmv | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule M, Line 32B | Identifier |
| Explanation | The College uses a third party to sell stock gifts. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section B, Line 11b | THE COMPLETED FORM IS REVIEWED BY THE COLLEGE'S VICE PRESIDENT FOR FINANCE AND ADMINISTRATIVE SERVICES. THE public copy of FORM 990 IS THEN REVIEWED BY THE AUDIT COMMITTEE prior to the filing date. At THE june MEETING OF THE FULL BOARD OF TRUSTEES, THE AUDIT COMMITTEE CHAIRPERSON DELIVERS A SUMMARY REPORT. PRIOR TO THE FILING OF THE FORM 990, A PUBLIC DISCLOSURE COPY IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES ONLINE VIA THE COLLEGE'S TRUSTEES' PORTAL. | |
| Form 990, Part VI, Section B, Line 12c | IN ACCORDANCE WITH ARTICLE XV OF THE BAY PATH COLLEGE BYLAWS AND THE COLLEGE CONFLICT OF INTEREST POLICY FOR TRUSTEES, ALL TRUSTEES AND OFFICERS OF THE COLLEGE MUST ANNUALLY DISCLOSE IN WRITING TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES ANY POSSIBLE CONFLICT OF INTEREST. ANY NEW TRUSTEE ADMITTED TO THE BOARD MUST COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE AT THE TIME OF ADMITTANCE. IF ANY SITUATION AFFECTING THE INTEREST OF A TRUSTEE OCCURS BETWEEN ANNUAL DISCLOSURE, AN UPDATED DECLARATION CONCERNING CONFLICT OF INTEREST POLICY MUST BE COMPLETED AND SUBMITTED TO THE AUDIT COMMITTEE AT THE EARLIEST PRACTICAL TIME. A LETTER IS MAILED VIA U.S. POSTAL SERVICES TO THE BOARD OF TRUSTEES AND OFFICERS OF THE COLLEGE EXPLAINING THE POLICY REQUIREMENTS, ALONG WITH A CONFLICT OF INTEREST QUESTIONNAIRE AND A POSTAGE-PAID ENVELOPE. THE LETTER DIRECTS THE TRUSTEES AND OFFICERS TO COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE AND RETURN IT TO THE SECRETARY OF THE BOARD BY A SPECIFIED DATE. THE SECRETARY OF THE BOARD OF TRUSTEES PROVIDES THE COMPLETED QUESTIONNAIRES TO THE AUDIT COMMITTEE FOR THEIR SCHEDULED SPRING MEETING FOR THEIR REVIEW AND ACTION. ALL COLLEGE EMPLOYEES ALSO COMPLETE ANNUALLY A CONFLICT OF INTEREST DISCLOSURE FORM. IF AN EMPLOYEE DISCLOSES ACTIVE OR INTENDED PARTICIPATION IN AN ACTIVITY THAT IS A POTENTIAL CONFLICT OF INTEREST, THE SUPERVISOR AND DIVISIONAL VICE PRESIDENT WILL EVALUATE THE DISCLOSURE TO DETERMINE THE APPROPRIATE ACTION TO BE TAKEN. THE EMPLOYEE MAY BE ASKED TO DISCONTINUE PARTICIPATION IN THE ACTIVITY IF DETERMINED TO BE A CONFLICT OF INTEREST. | |
| Form 990, Part VI, Section B, Line 15 | THE COMPENSATION SUB-COMMITTEE OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HAS THE RESPONSIBILITY FOR REVIEWING AND RECOMMENDING THE COLLEGE PRESIDENT'S AND OFFICERS'/KEY EMPLOYEES' COMPENSATION TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE SUB-COMMITTEE CONSIDERS COMPARATIVE DATA FROM PEER INSTITUTIONS, OTHER WOMEN'S COLLEGES AND OTHER COLLEGES IN MASSACHSETTS IN DETERMINING THE AMOUNT OF COMPENSATION. THE SUB-COMMITTEE ALSO REVIEWS ACCOMPLISHMENTS IN COMPARISON TO PLANNED GOALS AND OBJECTIVES. THE EXECUTIVE COMMITTEE, COMPRISED OF INDEPENDENT BOARD MEMBERS, APPROVES THE PRESIDENT'S AND OFFICERS'/KEY EMPLOYEES' COMPENSATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COLLEGE'S FORMS 990 AND 990T ARE AVAILABLE FOR PUBLIC INSPECTION AT THE PRINCIPAL OFFICE. IN ADDITION,THE COLLEGE'S FORM 990, Massachusetts FORM PC, BY-LAWS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION ON THE WEBSITE OF THE MASSACHUSETTS ATTORNEY GENERAL. ANY REQUESTS MADE OF THE COLLEGE FOR COPIES OF THE BY-LAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE DIRECTED TO THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATIVE SERVICES TO DETERMINE THE APPROPRIATE RESPONSE. | |
| FORM 990, PART XI, LINE 9 | CHANGE IN ASSET RETIREMENT OBLIGATION 3,527 | CHANGES IN NET ASSETS |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Travel Education Center | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 588 Longmeadow Street | AddressLine1 |
| City | Longmeadow | City |
| State | MA | State |
| ZIP Code | 01106 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042589394 | EIN |
| Primary Activity | travel education | PrimaryActivity |
| Legal Domicile State | MA | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bay Path | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | s corp | TypeOfEntity |
| Share Of Total Income | -455 | ShareOfTotalIncome |
| Share Of EOY Assets | 10282 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | true | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |