2014-01-27T14:32:22-07:00 2013-06-30 990 2012-07-01 042104329 SPRINGFIELD COLLEGE SPRI 4137483145 263 Alden Street Springfield MA 01109 John L Mailhot 4137483145 2014-01-27 2012 2015-11-30 17:44:51Z Richard B Flynn Springfield College 263 Alden Street Springfield MA 01109 171302400 0 X www.spfldcol.edu X 1890 MA The mission of Springfield College is to educate students in spirit, mind and body for leadership in service to others by building upon a foundation of Humanics and academic excellence. The College is a private, coeducational institution offering baccalaureate, masters and doctoral degrees. 33 31 3375 300 9131 9131 14733903 14248489 140606194 140893249 1461144 1880249 4380109 0 161181350 157021987 43787373 45087028 0 0 60916086 61460384 0 0 4953696 43237040 46287818 147940499 152835230 13240851 4186757 237033609 242958443 94115136 90645454 142918473 152312989 The mission of Springfield College is to educate students in spirit, mind and body for leadership in service to others by building upon a foundation of Humanics and academic excellence. The College is a private, coeducational institution offering baccalaureate, masters and doctoral degrees. 0 0 45087028 45087028 45087028 The College offers a financial assistance program to assist qualified students in obtaining a Springfield College education. Aid is awarded on the basis of full-time enrollment and considers various factors, including financial need, academic achievement, leadership and other personal qualitative attributes. Income and expenses associated with the assistance program are included in this category. 6789882 0 23616562 The College operates ten student residences with relatively independent living for third and fourth year students, providing housing for 2000 students who live on the main campus. Dining and snack services are provided for all enrolled students through a variety of facilities on the main campus. the expenses and revenues associated with these activities are included in this category. 81078482 72180528 The College emphasizes the education of leaders for the allied health sciences, human and social services, sports movement activities, and the arts and sciences, and other undergraduate degrees in 40 majors and graduate degree programs in 15 fields, including doctoral degrees in physical education, physical therapy and counseling psychology. The expenses and revenues associated with these programs are included in this category. 0 0 0 132955392 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7210 0 1 3375 1 1 1 0 0 0 0 0 0 0 0 1 1 0 X 33 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA MA NY X John L Mailhot 4137483145 263 Alden St Springfield MA 01109 Charisse F Duroure 0.1 0 X 0 0 0 Richard B Flynn 75 0 X X 430587 0 62000 Sally M Griggs 0.1 0 X 0 0 0 J Rockwell Allen 0.1 0 X 0 0 0 Herbert H Jervis 0.1 0 X 0 0 0 Robert M Sullivan Jr 0.1 0 X 0 0 0 John W Lund 0.1 0 X 0 0 0 John L Mailhot 50 0 X X 190435 0 21000 Denise Alleyne 0.1 0 X 0 0 0 Peter Andruszkiewicz 0.1 0 X 0 0 0 Neil J Nicoll 0.1 0 X 0 0 0 Jeffrey M Levy 0.1 0 X 0 0 0 Susan E Lundin 0.1 0 X 0 0 0 Thomas Marks 0.1 0 X 0 0 0 James E Walsh 0.1 0 X 0 0 0 Douglass L Coupe 0.1 0 X 0 0 0 John L Doleva 0.1 0 X 0 0 0 H Todd Stitzer 0.1 0 X 0 0 0 John A Odierna 0.1 0 X 0 0 0 Howard A Pulsifer 0.1 0 X 0 0 0 William A Burke III 0.1 0 X 0 0 0 Lisa B Emirzian 0.1 0 X 0 0 0 Bridget Belgiovine 0.1 0 X 0 0 0 Harold C Smith 0.1 0 X 0 0 0 Gregory C Toczydlowski 0.1 0 X 0 0 0 J Michael Wallace 0.1 0 X 0 0 0 Jeni Ellis Halliday 0.1 0 X 0 0 0 Mary-Lynn Jacobs 0.1 0 X 0 0 0 Robert Kearney 0.1 0 X 0 0 0 Stephen W McCarthy 0.1 0 X 0 0 0 Michele Megas-Ditomassi 0.1 0 X 0 0 0 Linda C Moffat 0.10 0 X 0 0 0 James H Ross III 0.1 0 X 0 0 0 Lauren Grimes Youmans 0.1 0 X 0 0 0 Jill Russell 50 0 X 173840 0 23000 David Braverman 50 0 X 148564 0 15000 Jean A Wyld 50 0 X 195576 0 29000 John A White 50 0 X 147551 0 27000 Robert Willey 40 0 X 137586 0 13000 Richard Davila 40 0 X 137844 0 12000 Danny R Davis 40 0 X 140212 0 13000 David Miller 40 0 X 131937 0 12000 Frank Torre 40 0 X 137619 0 12000 1971751 0 239000 43 0 1 0 Erland Construction Inc 83 Second Street Burlington MA 01803 Construction projects 621782 Aramark Corporation 263 Alden Street Springfield MA 01109 Food service 7936203 Tassinari Construction Inc 70 Maxwell Road Monson MA 01057 Construction projects 840933 Cape and Island Tennis and Track 28 Commerce Park Rd Pocassett MA 02559 Construction contractor 707541 Charlie Arment Trucking 47 Warehouse Street Springfield MA 01118 Construction projects 487168 18 0 0 0 0 7982219 6266270 26541 14248489 Tuition and fees 611310 114269011 114269011 0 0 Sales/services auciliary enterprises 611310 23616562 23616562 0 0 Sales/services educational departments 611310 1115851 1115851 0 0 Other program income 611310 1891825 1882694 9131 0 0 0 0 0 140893249 1484266 0 0 1484266 0 0 0 0 0 0 0 0 0 0 14376396 300000 13309199 971214 1067197 -671214 395983 0 0 395983 0 0 157021987 140884118 9131 1880249 0 0 45087028 45087028 0 0 0 0 1181725 0 1181725 0 0 0 0 48079415 42836894 3735860 1506661 3312108 2880169 330638 101301 5202054 4218489 841028 142537 3685082 3204503 367870 112709 0 0 0 0 226402 0 226402 0 117774 0 117774 0 0 0 0 0 0 0 256917 256917 0 0 0 0 0 0 745688 243495 502193 0 9017015 7044368 1139240 833407 1553622 1089475 404977 59170 0 0 0 0 7502731 5965444 1339281 198006 1288287 1055692 153828 78767 0 0 0 0 0 0 0 0 3087287 2161101 617457 308729 0 0 0 0 8387684 5871379 1677537 838768 1216258 0 1216258 0 Athletics 1331415 1331415 0 0 Auxiliary enterprises 6789882 6789882 0 0 Bad debts 1824153 1207014 0 617139 Miscellaneous expenses 2942703 1712127 1074074 156502 152835230 132955392 14926142 4953696 31417739 37999975 0 0 1796087 646815 14433379 13013915 0 0 0 0 0 0 436762 478509 5610952 4943098 214326601 92810695 125734205 121515906 50708064 55811783 6896421 8548442 0 0 0 0 0 0 237033609 242958443 10836592 11627831 4038650 4038650 11629785 10853274 64815724 61506820 0 0 0 0 0 0 0 0 2794385 2618879 94115136 90645454 X 94562129 96959351 18543546 24089398 29812798 31264240 142918473 152312989 237033609 242958443 4186757 5207759 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 119650 0 0 X X 0 47087269 1897644 7537074 1778731 111815 0 54631441 46279218 696590 223287 0 111826 0 47087269 38399191 1427081 8167127 1265276 448905 0 46279218 37133249 720542 2858372 1615418 697554 0 38399191 50032269 453818 -10447830 2189729 715279 0 37133249 0.09 0.56 0.35 0 0 0 4142952 4142952 0 102051110 25017027 77034083 0 64682778 32522085 32160693 0 43449761 35271583 8178178 0 0 0 0 121515906 Accounts held for others 783491 Asset retirement obligation 1835388 2618879 111282065 0 0 0 0 0 111282065 0 45739922 45739922 157021987 107208966 0 0 0 0 0 107208966 0 45626264 45626264 152835230 SchD_P03_S00_L04 Schedule D, Part III, Line 4 Art work was donated in 1978. Works are on display to the public in various locations on the main campus and are preserved for future use. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The College's endowment consists of approximately 450 individual funds established for a variety of purposes, including scholarship support for individual students, specified expense support for academic purposes and individual projects. the endowment includes both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. SchD_P11_S00_L04b Schedule D, Part XI, Line 4b Financial aid to students (45,087,028), realized gains (1,067,191), investment management fees (256,917) net with loss on disposal of assets (-671,217). SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Financial aid to students (45,087,028), investment management fees (256,917), loss on refinancing (282,319). 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The College publishes its policy of nondiscrimination on the basis of race, color, sex, religion, national origin or handicap in all internal and external publications, catalogues, brochures, etc. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The College and its students participate in the following federal funded programs: Federal Pell Grant, Federal Perkins Loan, Federal Supplemental Educational Opportunity Grant, Federal Work Study and Federal family Educational (Stafford) Loan. Additionally, the students participate in various state award and loan programs. 1 Financial aid toward tuition, room and board 5475 45087028 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The College offers financial aid to assist students on the basis of full-time enrollment. Factors influencing the amount and type of aid awarded include financial need, academic achievement, leadership and other personal, qualitative attributes. The Free Application for Federal Student Aid, which helps to establish a student's financial need, serves as the application for financial aid. Files detailing grant and scholarship requirements and criteria are maintained and reviewed to ensure individual student eligibility before awards are made. The College does not discriminate on the basis of race, sex, color, age, national origin or handicap. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 Richard B Flynn 341000 0 0 0 89587 0 13366 0 62265 0 506218 0 0 0 John L Mailhot 181157 0 0 0 9278 0 16754 0 21057 0 228246 0 0 0 David Braverman 142369 0 0 0 6195 0 12813 0 14731 0 176108 0 0 0 Jill Russell 168317 0 0 0 5523 0 15149 0 22819 0 211808 0 0 0 John A White 148333 0 0 0 -782 0 13350 0 26546 0 187447 0 0 0 Jean A Wyld 186155 0 0 0 9421 0 16754 0 29029 0 241359 0 0 0 Danny R Davis 139486 0 0 0 726 0 12554 0 12554 0 165320 0 0 0 Robert Willey 142407 0 0 0 -4821 0 12817 0 20491 0 170894 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a As approved by the Board of Trustees, housing is provided for the President of the college as a condition of employment to allow the President to more effectively fulfill his duties. Housing provided is College-owned and is located on the main campus. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 The President participates in a 457(f) nonqualified compensation plan. A Mass Development Finance Agency Revenue Bonds 2013 042104329 2012-11-08 13820000 Private placement refinancing of outstanding debt 0 0 0 B Mass HEFA Revenue Bonds 2010 042104329 2010-01-20 50000000 Construction projects, redemption of bonds 0 0 0 A 0 0 15572491 0 0 15329294 240000 0 0 0 3197 0 2012 0 1 1 1 B 6665000 0 50524337 4228188 0 6802620 325000 0 0 38668529 0 0 2010 0 1 1 1 A 0 0 0 0 0 0 0 1 0 0 B 0 0 0 0 0 0 0 1 0 0 A 0 0 0 0 1 0 0 0 0 B 0 1 0 0 0 0 0 0 0 A 0 B 0 X 72 de minimis X Weekend 1 1200 market value X Baby grand piano 1 9500 actual value X 1956 Olympic gold medal 1 15000 market value X Samsung Galaxy tablet 1 769 cost 0 0 1 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Form 990 and all supporting schedules were presented to the Audit and Compliance Committee of the Board of Trustees for review and analysis prior to being filed. The Committee was authorized to act on behalf of the full Board and reports to the Board the results of the review. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Conflict of interest statements for Board of Trustee members, officers and designated employees are completed annually and are reviewed by internal audit personnel. Statements are filed in the Human Resources office. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board of Trustees reviews the President's overall compensation package in comparison to industry standards and peer institutions. Officers' and key employees' salaries are determined by the President within budget constraints established by the Board. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and financial statements are available upon request.