2014-05-15T10:24:41-05:00 2013-06-30 WOLF & COMPANY PC 99 HIGH STREET 21ST FLOOR BOSTON MA 02110 990 2012-07-01 042103865 Bay Path College % DONNA GUERTIN BAYP 4135651000 588 Longmeadow Street Suite Longmeadow MA 01106 Michael Giampietro 4135651000 2014-05-14 true Anthony T Carideo Jr CPA 6174399700 2014-05-14 2012 2015-11-30 17:44:51Z michael giampietro 588 longmeadow street longmeadow MA 01106 59283062 false X www.baypath.edu X 1940 MA distinctive, progressive, professionally focused, four-year and graduate college for undergraduate women and co-educational graduate students 29 28 1066 75 3961 531 1690970 3054577 40973294 45362640 1300519 1688562 565553 255083 44530336 50360862 10915417 11435109 0 0 18710228 20808597 22066 16857 967384 11005452 12075813 40653163 44336376 3877173 6024486 69233489 77620808 13671898 14278552 55561591 63342256 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 false false 35425591 11435109 40818703 The College provides instruction, academic support, student services and student financial aid to carry out its exempt purposes, serving approximately 2,400 students. 2216731 4120859 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. 37642322 true true false true false false false false true true true false false false true true false true true false true false true true true false false false true true true false false false false false false false true true true true false false false false true true false false false true 145 0 true 1066 true true true true CJ false false false true true false false false false X 29 28 false false false false false false false true true false false false true true true true true true true false MA X DONNA GUERTIN 4135651219 588 LONGMEADOW STREET Longmeadow MA 01106 Roberta B Bolduc 5.0 X X 0 0 0 Cindy M Burke 1.0 X 0 0 0 Susanne E Churchill 1.0 X 0 0 0 Dianne Fuller Doherty 1.0 X 0 0 0 Susan Davis Abello 1.0 X 0 0 0 Kay Bernon 1.0 X 0 0 0 Marvin A Coote 1.0 X 0 0 0 Karen L Glaser 1.0 X 0 0 0 Samuel R Hanmer 1.0 X 0 0 0 Ann Hammer 1.0 X 0 0 0 Stephen D Hoyt 1.0 X 0 0 0 George Keady III 2.0 X 0 0 0 Angie McGinnis 1.0 X 0 0 0 Mary Ann Spencer 1.0 X 0 0 0 Patricia J Pierce 1.0 X 0 0 0 Visael Rodriguez 1.0 X 0 0 0 Jane E Roulier 1.0 X 0 0 0 Barbara Sadowsky 1.0 X 0 0 0 Gloria Smith 1.0 X 0 0 0 Courtney Whalen 1.0 X 0 0 0 Amanda Toner 1.0 X 0 0 0 Ruth McLoughlin Vignati 1.0 X 0 0 0 Robyn A NewHouse 1.0 X 0 0 0 Jonathan Besse 1.0 X 0 0 0 Richard Steele 1.0 X 0 0 0 Lotrecia Marchand 1.0 X 0 0 0 Estela Lopez 1.0 X 0 0 0 Jeanne Young 1.0 X 0 0 0 Suki Kramer 1.0 X 0 0 0 Katherine McG Sullivan 1.0 X 0 0 0 Carol Leary 55.0 X 346534 0 96844 Michael Giampietro 50.0 X 166799 0 31080 Barbara Kochon 50.0 X 85734 0 20563 Melissa Morriss-Olson 50.0 X 178694 0 23026 Caron Hobin 50.0 X 124908 0 29470 Kathleen Bourque 50.0 X 135752 0 14133 David Demers 50.0 X 129466 0 14099 Geofrey Mills 50.0 X 124630 0 18061 Jennifer Hixon 50.0 X 132011 0 17940 1424528 0 265216 16 false true false 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 13 6795 877031 2170751 101037 3054577 TUITION AND FEES 900099 40818703 40818703 RESIDENCE AND DINING 611710 4120859 4120859 WOMEN'S CONFERENCE 611600 415595 415595 THEATER DEPARTMENT 711110 7483 7483 45362640 840861 840861 0 0 138521 63011 75510 0 75510 75510 9697330 8849629 847701 847701 847701 9905 6795 9560 345 345 0 0 FOOD SERVICE 722210 120052 116923 3129 OTHER REVENUE 900099 16257 16257 BOOKSTORE 451211 42087 42087 832 832 179228 50360862 45537907 3961 1764417 0 11272045 11272045 163064 163064 0 962365 201427 760938 0 16526947 14479136 1444411 603400 1059307 773412 245075 40820 1026997 730783 253907 42307 1232981 1050275 137867 44839 0 86948 86948 70000 70000 0 16857 16857 0 2662079 1908930 707132 46017 1187258 967666 213722 5870 1700425 1573099 111020 16306 261301 261301 0 860925 841794 19131 453583 386782 46852 19949 0 110790 95653 11577 3560 359766 269825 79062 10879 0 2194970 1877699 317271 199853 199853 COST OF FOOD 1152998 1152998 MEMBERSHIPS 103123 63567 37404 2152 ENTERTAINMENT 528988 385956 97057 45975 ALLOCATION OF MAINT EXPENSES -569142 500845 68297 142806 17353 125297 156 44336376 37642322 5726670 967384 0 0 1193458 1637827 956061 800051 2500476 901624 0 0 0 0 2446187 2573535 105016 67525 735051 650336 61682542 33738396 26777279 27944146 32868405 41404618 1651556 1641146 0 0 0 0 0 0 69233489 77620808 1695351 2396908 752904 752904 2313785 2437069 7004195 6790133 251815 174812 0 0 0 0 0 0 1653848 1726726 13671898 14278552 X 46962355 53405464 2366078 3134487 6233158 6802305 55561591 63342256 69233489 77620808 X 6024486 1752652 3527 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 1136 1136 false false Other Lobbying Activities Schedule C, Part II-B, Line 1(i) 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. false true 31742637 562033 3214619 150208 14205 35354876 31902121 422915 -405706 156926 19767 31742637 22909661 4289469 4867418 147693 16734 31902121 18747154 1786601 2491523 115617 22909661 22290541 335515 -3723485 155417 18747154 0.79743 0.18737 0.01520 true false 3325732 3325732 961931 37224878 17389986 20796823 626186 344402 281784 18584013 16004008 2580005 959802 959802 27944146 0 LEGAL OBLG ASSOC. W/ASSET RETI 1379491 ANNUITY OBLIGATIONS 347235 1726726 X 40727047 1752652 3527 1756179 38970868 11389994 11389994 50360862 32946837 45570 45570 32901267 11435109 11435109 44336376 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 true true true true true true true false false false false false false false false true false true 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. true 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 240846 240846 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 false false false true false false Grant Making Procedures Schedule F, Part I, Line 2 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. X X X X X X X true Washburn and McGoldrick Inc fundraising false 16857 -16857 16857 -16857 MA golf tournament 16700 6795 9905 9203 357 0 16700 6795 9905 9203 357 9560 345 true Scholarships & Aid to Students 1802 11272045 fmv Schedule I, Part I, Line 2 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. X X X X true true X X X X X X false false false false false false false false false Carol Leary 339325 0 0 0 7209 0 38549 0 58295 0 443378 0 0 0 Michael Giampietro 166579 0 0 0 220 0 15425 0 15655 0 197879 0 0 0 Caron Hobin 124465 0 0 0 443 0 12207 0 17263 0 154378 0 0 0 Melissa Morriss-Olson 178039 0 0 0 655 0 15904 0 7122 0 201720 0 0 0 Schedule J, Part I, Line 1a 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. A Massachusetts Development Finance Agency 043431814 2006-12-28 8000000 renovate academic buidling, paking false false false A 0 0 8000000 0 0 0 78698 0 0 7921305 0 0 2008 false false true true A false false false false 0.00000 0.00000 0.00000 false false true A false false false false 0 false 0 false true A true 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 Business Transations involving interested Persons Schedule L, Part IV 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. X 11 101037 fmv false true true Schedule M, Line 32B The College uses a third party to sell stock gifts. 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 CHANGES IN NET ASSETS CHANGE IN ASSET RETIREMENT OBLIGATION 3,527 Travel Education Center 588 Longmeadow Street Longmeadow MA 01106 042589394 travel education MA Bay Path s corp -455 10282 1.00000 true false false false false false false false false false false false false false false false false false false false