PAUL SMITHS COLLEGE OF ARTS AND SCIENCES: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- PAUL SMITHS COLLEGE OF ARTS AND SCIENCES (EIN 15-0533545)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-04
- IRS object ID
- 201430359349300208
- 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 D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-04T08:01:34-06:00 | 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 | CROWLEY & HALLORAN CPAS PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 WASHINGTON ST STE 100 | AddressLine1 |
| City | WATERTOWN | City |
| State | NY | State |
| ZIP Code | 136013343 | 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 | 150533545 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL SMITHS COLLEGE | BusinessNameLine1 |
| Business Name Line2 | OF ARTS AND SCIENCES | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PAUL | NameControl |
| Phone | 5183276226 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 265 | AddressLine1 |
| City | PAUL SMITHS | City |
| State | NY | State |
| ZIP Code | 129700265 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAURA ROZELL | Name |
| Title | INTERIM VP BUSINESS & FINANCE | Title |
| Phone | 5183276226 | Phone |
| Date Signed | 2014-02-01 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAMELA J HALLORAN | Name |
| Phone | 3157883140 | Phone |
| Date Prepared | 2014-02-04 | 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 | LAURA ROZELL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 265 | AddressLine1 |
| City | PAUL SMITHS | City |
| State | NY | State |
| ZIP Code | 12970 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 38403568 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PAULSMITHS.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1946 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | HIGHER EDUCATION: "THE REAL VALUE OF A PSC EDUCATION IS IN THE EMPHASIS ON NOT JUST LEARNING SOMETHING, BUT IN ACTUALLY DOING IT." THE PAUL SMITH'S COLLEGE COMMUNITY PROVIDES A DYNAMIC EDUCATIONAL ENVIRONMENT WHICH ENCOURAGES STUDENTS TO BE ACTIVELY ENGAGED IN THEIR OWN LEARNING EXPERIENCE BY FOSTERING CREATIVE, ETHICAL AND INTELLECTUAL GROWTH. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 23 | NbrIndependentVotingMembers |
| Total Nbr Employees | 843 | TotalNbrEmployees |
| Total Nbr Volunteers | 95 | TotalNbrVolunteers |
| Total Gross UBI | 297946 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -182247 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3363346 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3398547 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 31537389 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 32751942 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 203779 | InvestmentIncomePriorYear |
| Investment Income Current Year | 180423 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1306790 | OtherRevenuePriorYear |
| Other Revenue Current Year | 914993 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 36411304 | TotalRevenuePriorYear |
| Total Revenue Current Year | 37245905 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 9673588 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 10429817 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 11158713 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11539879 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 988405 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 13811655 | OtherExpensePriorYear |
| Other Expenses Current Year | 14165846 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 34643956 | TotalExpensesPriorYear |
| Total Expenses Current Year | 36135542 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1767348 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1110363 | RevenuesLessExpensesCY |
| Total Assets BOY | 76388441 | TotalAssetsBOY |
| Total Assets EOY | 77559891 | TotalAssetsEOY |
| Total Liabilities BOY | 25406248 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 23829479 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 50982193 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 53730412 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | HIGHER EDUCATION: "THE REAL VALUE OF A PSC EDUCATION IS IN THE EMPHASIS ON NOT JUST LEARNING SOMETHING, BUT IN ACTUALLY DOING IT." THE PAUL SMITH'S COLLEGE COMMUNITY PROVIDES A DYNAMIC EDUCATIONAL ENVIRONMENT WHICH ENCOURAGES STUDENTS TO BE ACTIVELY ENGAGED IN THEIR OWN LEARNING EXPERIENCE BY FOSTERING CREATIVE, ETHICAL AND INTELLECTUAL GROWTH. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 24079675 | Expense |
| Description | POSTSECONDARY EDUCATION, GENERAL/OTHER: INSTRUCTION - TO PROVIDE HIGHER EDUCATION TO MEN AND WOMEN IN THE ARTS AND SCIENCES, WITH AUTHORITY TO CONFER THE DEGREES OF ASSOCIATES IN ARTS (AA), ASSOCIATES IN APPLIED SCIENCE (AAS) AND BACHELOR OF SCIENCE (BS) IN CONFORMITY WITH THE REGENTS OF NYS AND THE COMMISSIONER OF EDUCATION. APPROXIMATELY 1,102 STUDENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 8977805 | Expense |
| Description | POSTSECONDARY EDUCATION, GENERAL/OTHER: AUXILLIARY ENTERPRISES - THE OPERATION AND MAINTENANCE OF THE RESIDENCE HALLS, CAFETERIA AND CAMPUS STORE THAT SERVE THE STUDENTS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 33057480 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | true | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | 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 | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | 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 | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 60 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 843 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| 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 | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 23 | 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 | true | 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 | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LAURA ROZELL | NamePerson |
| Telephone Number | 5183276226 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 265 | AddressLine1 |
| City | PAUL SMITHS | City |
| State | NY | State |
| ZIP Code | 12970 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (31 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| CAROLINE D LUSSI | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| PAUL E AVERY | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| E PHILLIP SAUNDERS | ||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| THAD COLLUM | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| PATRICIA K DOWDEN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ANTHONY JOHNSON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| STUART H ANGERT | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| C LEE QUAINTANCE III | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| PAUL M CANTWELL JR | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| EDWARD MCAREE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| PAUL CIMINELLI | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JOHN A PAGANELLI | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| PIETER VC LITCHFIELD | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JAMES L SONNEBORN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KATHARINE H WELLING | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| NORA SULLIVAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DANIEL TESSONI | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| THOMAS ROSOL | ||||||
| ALUMNI COUNC | 1.00 | X | 0 | 0 | 0 | |
| ROBERT CHUR | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| PETER B FORRENCE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MARY JO HUNT | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| THOMAS ROGERS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ELIZABETH THORNDIKE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| FRANCINE WALKER | ||||||
| VICE CHAIRMA | 1.00 | X | X | 0 | 0 | 0 |
| JOHN W MILLS | ||||||
| PRESIDENT | 40.00 | X | 245111 | 0 | 19609 | |
| F RAYMOND AGNEW | ||||||
| VP INST ADVA | 40.00 | X | 175100 | 0 | 11155 | |
| RICHARD NELSON | ||||||
| VP ACADEMIC | 40.00 | X | 138352 | 0 | 11068 | |
| ANN MARIE SOMMA | ||||||
| VP BUSINESS | 40.00 | X | 116438 | 0 | 8968 | |
| ERIC FELVER | ||||||
| VP ENROLLMEN | 40.00 | X | 115059 | 0 | 4957 | |
| JAMES BUYEA | ||||||
| VP INFO TECH | 40.00 | X | 109800 | 0 | 8064 | |
| STEVEN MCFARLAND | ||||||
| VP FOR CAPIT | 40.00 | X | 99226 | 0 | 7938 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 999086 | TotalReportableCompFromOrg |
| Total Other Compensation | 71759 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SODEXO OPERATIONS LLC | |||||
| PO BOX 360170 | PITTSBURGH | PA | 152516170 | FOOD/FACILITIES | 3662866 |
| EXCELLUS BLUE CROSS BLUE SHIELD | |||||
| PO BOX 5254 | BINGHAMTON | NY | 139025254 | MEDICAL INSURAN | 1230129 |
| TRAVELERS | |||||
| CL REMITTANCE CENTER | HARTFORD | CT | 06183 | INSURANCE | 361258 |
| LAKE PLACID ADVERTISERS WORKSHOP | |||||
| PO BOX 645 | LAKE PLACID | NY | 12946 | PRINTING/PHOTO | 250513 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 22 | NumberOfContractorsGT100K |
| Government Grants | 834940 | GovernmentGrants |
| All Other Contributions | 2563607 | AllOtherContributions |
| Noncash Contributions | 252787 | NoncashContributions |
| Total Contributions | 3398547 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| STUDENT TUITION AND FEES | 23774137 | 23774137 |
| AUXILIARY ENTERPRISES | 8977805 | 8977805 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 32751942 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 204603 | TotalRevenueColumn |
| Exclusion | $204,603 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 295296 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 319476 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -24180 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -24180 | TotalRevenueColumn |
| Exclusion | -$24,180 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1201001 | GrossSalesOfInventory |
| Cost Of Goods Sold | 838187 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 362814 | TotalRevenueColumn |
| Exclusion | $362,814 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| CONFERENCE SERVICES | 561499 | 297946 | 297946 | |
| OTHER | 254233 | 254233 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 552179 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 37245905 | TotalRevenueColumn |
| Related Or Exempt Function Income | 33006175 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 297946 | UnrelatedBusinessRevenue |
| Exclusion | $543,237 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10429817 | Total |
| Program Services | 10429817 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 999086 | Total |
| Management And General | 999086 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7995504 | Total |
| Program Services | 7395220 | ProgramServices |
| Management And General | 229068 | ManagementAndGeneral |
| Fundraising | 371216 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 553111 | Total |
| Program Services | 492269 | ProgramServices |
| Management And General | 44249 | ManagementAndGeneral |
| Fundraising | 16593 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1382370 | Total |
| Program Services | 1243493 | ProgramServices |
| Management And General | 100964 | ManagementAndGeneral |
| Fundraising | 37913 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 609808 | Total |
| Program Services | 561171 | ProgramServices |
| Management And General | 14755 | ManagementAndGeneral |
| Fundraising | 33882 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 475619 | Total |
| Program Services | 439389 | ProgramServices |
| Management And General | 36230 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18656 | Total |
| Management And General | 18656 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70300 | Total |
| Management And General | 70300 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31370 | Total |
| Management And General | 31370 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 447372 | Total |
| Program Services | 346380 | ProgramServices |
| Management And General | 4960 | ManagementAndGeneral |
| Fundraising | 96032 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 706209 | Total |
| Program Services | 567313 | ProgramServices |
| Management And General | 45137 | ManagementAndGeneral |
| Fundraising | 93759 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 419469 | Total |
| Program Services | 288095 | ProgramServices |
| Management And General | 68886 | ManagementAndGeneral |
| Fundraising | 62488 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3223687 | Total |
| Program Services | 3092981 | ProgramServices |
| Management And General | 104144 | ManagementAndGeneral |
| Fundraising | 26562 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 599539 | Total |
| Program Services | 469521 | ProgramServices |
| Management And General | 72248 | ManagementAndGeneral |
| Fundraising | 57770 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28828 | Total |
| Program Services | 25657 | ProgramServices |
| Management And General | 2306 | ManagementAndGeneral |
| Fundraising | 865 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 595362 | Total |
| Program Services | 595323 | ProgramServices |
| Fundraising | 39 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3024455 | Total |
| Program Services | 2873232 | ProgramServices |
| Management And General | 120978 | ManagementAndGeneral |
| Fundraising | 30245 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 436309 | Total |
| Program Services | 415379 | ProgramServices |
| Management And General | 16296 | ManagementAndGeneral |
| Fundraising | 4634 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| STUDENT SERVICES | 2222663 | 2075338 | 11338 | 135987 |
| SUPPLIES/SMALL EQUIPMENT | 1218854 | 1156596 | 42296 | 19962 |
| MISCELLANEOUS | 350365 | 293517 | 56390 | 458 |
| STUDENT ACTIVITIES | 277431 | 277431 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19358 | Total |
| Program Services | 19358 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36135542 | Total |
| Program Services | 33057480 | ProgramServices |
| Management And General | 2089657 | ManagementAndGeneral |
| Fundraising | 988405 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104303 | BOY |
| EOY | 184677 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1562054 | BOY |
| EOY | 1688447 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 169591 | BOY |
| EOY | 155873 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 734671 | BOY |
| EOY | 683601 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 91117683 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 39154061 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53503919 | BOY |
| EOY | 51963622 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18735114 | BOY |
| EOY | 21321968 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 985289 | BOY |
| EOY | 968203 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 593500 | BOY |
| EOY | 593500 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76388441 | BOY |
| EOY | 77559891 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1613817 | BOY |
| EOY | 1784732 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 331916 | BOY |
| EOY | 300607 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19406678 | BOY |
| EOY | 18537160 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2358744 | BOY |
| EOY | 1386785 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1695093 | BOY |
| EOY | 1820195 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25406248 | BOY |
| EOY | 23829479 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39777470 | BOY |
| EOY | 39707869 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1080374 | BOY |
| EOY | 2707926 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10124349 | BOY |
| EOY | 11314617 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50982193 | BOY |
| EOY | 53730412 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76388441 | BOY |
| EOY | 77559891 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 1110363 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 1637856 | ReconciliationUnrealizedInvest |
| 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation For Public Use | X | PreservationForPublicUse |
| Total Number Of Easements | 13 | TotalNumberOfEasements |
| Total Acreage | 7719 | TotalAcreage |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | true | WrittenPolicyMonitoring |
| Staff Hours Spent On Enforcement | 100 | StaffHoursSpentOnEnforcement |
| Expenses Incurred For Enforcement | 4725 | ExpensesIncurredForEnforcement |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19720403 | BeginningOfYearBalance |
| Contributions | 1177096 | Contributions |
| Investment Earnings Or Losses | 1816672 | InvestmentEarningsOrLosses |
| Other Expenditures | 424000 | OtherExpenditures |
| End Of Year Balance | 22290171 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18556660 | BeginningOfYearBalance |
| Contributions | 1268000 | Contributions |
| Investment Earnings Or Losses | 506882 | InvestmentEarningsOrLosses |
| Other Expenditures | 611139 | OtherExpenditures |
| End Of Year Balance | 19720403 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 16268897 | BeginningOfYearBalance |
| Contributions | 489489 | Contributions |
| Investment Earnings Or Losses | 2430235 | InvestmentEarningsOrLosses |
| Other Expenditures | 631960 | OtherExpenditures |
| End Of Year Balance | 18556661 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15069530 | BeginningOfYearBalance |
| Contributions | 293972 | Contributions |
| Investment Earnings Or Losses | 2257501 | InvestmentEarningsOrLosses |
| Other Expenditures | 1352106 | OtherExpenditures |
| End Of Year Balance | 16268897 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19355735 | BeginningOfYearBalance |
| Contributions | 131365 | Contributions |
| Investment Earnings Or Losses | -2994098 | InvestmentEarningsOrLosses |
| Other Expenditures | 1423472 | OtherExpenditures |
| End Of Year Balance | 15069530 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.38940 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.50760 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.10300 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 811919 | OtherCostOrOtherBasis |
| Book Value | 811919 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 73679354 | OtherCostOrOtherBasis |
| Depreciation | 25087148 | Depreciation |
| Book Value | 48592206 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16552576 | OtherCostOrOtherBasis |
| Depreciation | 14066913 | Depreciation |
| Book Value | 2485663 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 73834 | OtherCostOrOtherBasis |
| Book Value | 73834 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 51963622 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ASSET RETIREMENT OBLIGATION | $1,044,212 |
| FEDERAL STUDENT LOAN FUNDS | $554,596 |
| CAPITAL LEASE EQUIPMENT PAYMENTS | $121,451 |
| CHARITABLE GIFT ANNUITY | $99,936 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1820195 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 38883761 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1637856 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 1637856 | RevenueNotRptdF990 |
| Revenue Subtotal | 37245905 | RevenueSubtotal |
| Total Revenue Per Form990 | 37245905 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 36973729 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 838187 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 838187 | ExpensesNotRptdF990 |
| Expenses Subtotal | 36135542 | ExpensesSubtotal |
| Total Expenses Per Form990 | 36135542 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| INTENDED USES FOR ENDOWMENT FUNDS | SCHEDULE D, PAGE 2, PART V, LINE 4 | THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICES, APPROVED BY THE BOARD OF TRUSTEES, FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THESE ENDOWMENT ASSETS OVER THE LONG-TERM. THE COLLEGE'S SPENDING AND INVESTMENT POLICIES WORK TOGETHER TO ACHIEVE THIS OBJECTIVE. THE INVESTMENT POLICY ESTABLISHES AN ACHIEVABLE RETURN OBJECTIVE THROUGH DIVERSIFICATION OF ASSET CLASSES. THE CURRENT LONG-TERM RETURN OBJECTIVE IS TO ACHIEVE A TOTAL RETURN (INCOME PLUS CAPITAL CHANGE, NET OF ALL INVESTMENT EXPENSES) EQUAL TO OR EXCEEDING ANY APPROVED DISTRIBUTION RATE, PLUS THE INFLATION RATE AS MEASURED BY THE CONSUMER PRICE INDEX. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE COLLEGE RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE COLLEGE TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES AN EMPHASIS ON U.S. EQUITY-BASED INVESTMENTS AND U.S. INTERMEDIATE-TERM DEBT SECURITIES TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK PARAMETERS. THE SPENDING POLICY CALCULATES THE AMOUNT OF MONEY ANNUALLY DISTRIBUTED FROM THE COLLEGE'S VARIOUS ENDOWED FUNDS, FOR SCHOLARSHIPS, PROGRAMS AND ADMINISTRATION. THE COLLEGE UTILIZES A TOTAL RETURN SPENDING RATE POLICY WHICH LIMITS THE AMOUNT OF INVESTMENT RETURN USED TO SUPPORT CURRENT OPERATIONS. THE LIMIT IS DETERMINED BY THE COLLEGE'S CURRENT BUDGETED AMOUNT TO BE SPENT FOR THE YEAR. UNDER THE TOTAL SPENDING POLICY, THE COLLEGE UTILIZED 424,000 AND 416,000 IN 2013 AND 2012, RESPECTIVELY. THIS EQUATES TO APPROXIMATELY 1.9% IN 2013 AND 2.1% IN 2012 OF THE FAIR VALUE OF THE ENDOWMENT FUNDS. ACCORDINGLY, OVER THE LONG TERM, THE COLLEGE EXPECTS ITS CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT ASSETS TO GROW AT AN AVERAGE RATE OF 3% ANNUALLY. THIS IS CONSISTENT WITH THE COLLEGE'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ENDOWMENT ASSETS AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH INVESTMENT RETURN. |
| LIABILITY UNDER FIN 48 FOOTNOTE | SCHEDULE D, PAGE 3, PART X | FASB ASC 740, "INCOME TAXES", REQUIRES ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTIES IN THEIR TAX POSITION. TAX YEARS INCLUDING 2009 AND LATER ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES. AREAS THAT THE IRS AND STATE TAX AUTHORITIES CONSIDER WHEN EXAMINING TAX RETURNS OF A CHARITY INCLUDE, BUT MAY NOT BE LIMITED TO, TAX -EXEMPT STATUS AND THE EXISTENCE AND AMOUNT OF UNRELATED BUSINESS INCOME. THE COLLEGE DOES NOT BELIEVE THAT IT HAS ANY UNCERTAIN TAX POSITIONS WITH RESPECT TO THESE OR OTHER MATTERS, AND HAS NOT RECORDED ANY UNRECOGNIZED TAX BENEFITS OF LIABILITY FOR PENALTIES OR INTEREST. |
| EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | COST OF GOODS SOLD 838,187 |
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 |
|---|---|---|
| PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION | SCHEDULE E LINE 3 | NONDISCRIMINATORY POLICY IS AVAILABLE TO THE PUBLIC MEDIA |
| FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION | SCHEDULE E LINE 6 | COLLEGE AWARDS FINANCIAL AID RECEIVED THROUGH GOVERNMENT TO STUDENTS |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | false | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIP AID | TypeOfGrant |
| Amount Of Cash Grant | 10429817 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | ReturnReference |
| Explanation | COLLEGE UTILIZES SYSTEMS DESIGNED FOR FINANCIAL AID TO STUDENTS AND MONITORS ACTIVITY AND USES OF GRANTS FUNDS ON AN ONGOING BASIS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| 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 (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg |
|---|---|---|---|---|
| JOHN W MILLS | ||||
| PRESIDENT | 245111 | 19609 | 264720 | 254071 |
| F RAYMOND AGNEW | ||||
| VP INST ADVANCEMENT | 175100 | 11155 | 186255 | |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| COUNTY OF FRANKLIN IDA | |||||||
| A | 141763507 | 2007-06-28 | 9340000 | CAPITAL EXPENDITURES | false | false | false |
| COUNTY OF FRANKLIN IDA | |||||||
| B | 141763507 | 2011-02-24 | 10000000 | CONSTRUCTION PROJECT | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Other Spent ProceedsOtherSpentProceeds |
|---|---|---|---|---|---|---|---|---|---|
| A | 9340000 | 190000 | 9340000 | 2007 | false | false | true | true | |
| B | 10000000 | 217511 | 7713479 | 2012 | false | false | true | true | 2286521 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Remedial Action TakenRemedialActionTaken | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false | false |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false | false | false |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | true | ProcToUndertkCorrectiveAction |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 15600 | NoncashContribsRptdF990 |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 142844 | NoncashContribsRptdF990 |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 |
|---|---|---|---|
| X | SCIENCE EQUIP | 2 | 13467 |
| X | ALUMNI SUPPLIES | 2 | 80876 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | HIGHER EDUCATION: "THE REAL VALUE OF A PSC EDUCATION IS IN THE EMPHASIS ON NOT JUST LEARNING SOMETHING, BUT IN ACTUALLY DOING IT." THE PAUL SMITH'S COLLEGE COMMUNITY PROVIDES A DYNAMIC EDUCATIONAL ENVIRONMENT WHICH ENCOURAGES STUDENTS TO BE ACTIVELY ENGAGED IN THEIR OWN LEARNING EXPERIENCE BY FOSTERING CREATIVE, ETHICAL AND INTELLECTUAL GROWTH. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE PRIOR TO FILING. THE COMMITTEE THEN REPORTS TO THE FULL BOARD OF TRUSTEES. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THE COLLEGE HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS INCLUDED IN ITS BUSINESS ETHICS POLICY STATEMENT. THIS STATEMENT IS INCLUDED IN THE APPOINTMENT AND ANNUAL REAPPOINTMENT PACKETS FOR ALL EMPLOYEES AND IS RETAINED IN EACH EMPLOYEE'S PERSONNEL FILE. KEY EMPLOYEES, OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. THESE PROCEDURES ARE PERFORMED ANNUALLY AND ARE MONITORED BY THE HUMAN RESOURCES AND BUSINESS OFFICES OF THE COLLEGE. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | A TRUSTEE SUB-COMMITTEE REVIEWS THE PERFORMANCE OF THE PRESIDENT AND RECOMMENDS TO THE BOARD ANNUAL SALARY INCREASES. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REQUEST TO THE COLLEGE |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREEN & WHITE HOSPITALITY LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 265 | AddressLine1 |
| City | PAUL SMITHS | City |
| State | NY | State |
| ZIP Code | 12970 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 452110175 | EIN |
| Primary Activities | HOSPITALIT | PrimaryActivities |
| Legal Domicile State | DE | LegalDomicileState |
| Total Income | -572 | TotalIncome |
| EOY Assets | 2599 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL SMITH | BusinessNameLine1 |
| Business Name Line2 | COLLEGE | BusinessNameLine2 |