PAUL SMITHS COLLEGE OF ARTS AND SCIENCES: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PAUL SMITHS COLLEGE OF ARTS AND SCIENCES (EIN 15-0533545)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-04
- IRS object ID
- 201300359349300605
- Schema version
- 2011v1.5
- 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 | 2013-02-04T07:19:57-08:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | 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 /Suite 100 | AddressLine1 |
| City | Watertown | City |
| State | NY | State |
| ZIP Code | 13601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | 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 OF ARTS AND SCIENCE | BusinessNameLine1 |
| 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 | 12970 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Ann Marie Somma | Name |
| Title | VP for Business | Title |
| Date Signed | 2013-02-04 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Pamela Halloran | Name |
| Phone | 3157883140 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Ann Marie Somma | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box | AddressLine1 |
| City | Paul Smiths | City |
| State | NY | State |
| ZIP Code | 12970 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 37225846 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| 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 | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 810 | TotalNbrEmployees |
| Total Nbr Volunteers | 93 | TotalNbrVolunteers |
| Total Gross UBI | 383180 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -67950 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4008097 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3363346 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 28968356 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 31537389 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 382987 | InvestmentIncomePriorYear |
| Investment Income Current Year | 203779 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 706927 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1306790 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 34066367 | TotalRevenuePriorYear |
| Total Revenue Current Year | 36411304 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 8440376 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 9673588 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 10328545 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11158713 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1029936 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 12488457 | OtherExpensePriorYear |
| Other Expenses Current Year | 13811655 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 31257378 | TotalExpensesPriorYear |
| Total Expenses Current Year | 34643956 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2808989 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1767348 | RevenuesLessExpensesCY |
| Total Assets BOY | 79219301 | TotalAssetsBOY |
| Total Assets EOY | 76388441 | TotalAssetsEOY |
| Total Liabilities BOY | 30310279 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 25406248 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 48909022 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 50982193 | NetAssetsOrFundBalancesEOY |
| 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 | 25321243 | 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 1,042 students | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 6494383 | 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 | 31815626 | 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 |
| 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 | 42 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | false | ComplianceWithBackupWitholding |
| Number Of Employees | 810 | 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 |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | 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 |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| 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 | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Ann Marie Somma | 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 (35 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Elizabeth Thorndike | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Robert Chur | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Thomas Rosol | |||||||
| Alumni Pres | 1.00 | X | 0 | 0 | 0 | ||
| Daniel Tessoni | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Thomas Rogers | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Nora Sullivan | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| KATHARINE H WELLING | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Joan M Weill | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| JAMES L SONNEBORN | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| PIETER VC LITCHFIELD | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| James Gould | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| John A Paganelli | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| PAUL CIMINELLI | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Edward McAree | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| PAUL M CANTWELL JR | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| C Lee Quaintance III | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| STUART H ANGERT | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Anthony Johnson | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Patricia K Dowden | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Thad Collum | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| E PHILLIP SAUNDERS | |||||||
| Chairman | 1.00 | X | 0 | 0 | 0 | X | |
| Paul E Avery | |||||||
| Treasurer | 1.00 | X | 0 | 0 | 0 | X | |
| Francine Walker | |||||||
| Vice Chairman | 1.00 | X | 0 | 0 | 0 | X | |
| Caroline D Lussi | |||||||
| Secretary | 1.00 | X | 0 | 0 | 0 | X | |
| Ann Marie Somma | |||||||
| VP Business&FIn | 40.00 | 0 | 0 | 0 | X | ||
| James Buyea | |||||||
| VP Info Tech | 40.00 | 105226 | 0 | 7520 | X | ||
| Kathleen Fitzgerald | |||||||
| VP Enroll Mngmt | 40.00 | 34277 | 0 | 2047 | X | ||
| F Raymond Agnew | |||||||
| VP Inst Advance | 40.00 | 122778 | 0 | 908 | X | ||
| RICHARD NELSON | |||||||
| VP ACADEMIC AFF | 40.00 | 132152 | 0 | 10322 | X | ||
| STEVEN MCFARLAND | |||||||
| VP CAPITAL PROJ | 40.00 | 96336 | 0 | 7225 | X | ||
| JOHN BURKE | |||||||
| VP BUSINESS&FIN | 40.00 | 57240 | 0 | 5255 | X | ||
| JOHN MILLS | |||||||
| President | 40.00 | 235675 | 0 | 18396 | X | ||
| Eric Felver | |||||||
| VP Enroll Mgt. | 40.00 | 38333 | 0 | 0 | X | ||
| Jeffrey Walton | |||||||
| Dean | 40.00 | 100933 | 0 | 7963 | X | ||
| Susan Sweeney | |||||||
| Human Res Director | 40.00 | 95391 | 0 | 7379 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1018341 | TotalReportableCompFromOrg |
| Total Other Compensation | 67015 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | 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 |
|---|---|---|---|---|---|
| SODEXO OPERATIONS LLC | |||||
| PO BOX 360170 | PITTSBURGH | PA | 152516170 | FOOD & FACILITIES | 2604064 |
| Luck Builders | |||||
| 73 Trade Road | Plattsburgh | NY | 12901 | Construction | 343817 |
| Griffith Energy | |||||
| PO Box 5137 | Buffalo | NY | 14240 | Heating | 936532 |
| Excellus Blue Cross Blue Shield | |||||
| PO Box 5254 | Binghamton | NY | 139025254 | Medical Insurance | 1379325 |
| BBL Construction | |||||
| 302 Washington Ave Ext | Albany | NY | 12203 | Construction | 3669274 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 18 | NumberOfContractorsGT100K |
| Government Grants | 1078639 | GovernmentGrants |
| All Other Contributions | 2284707 | AllOtherContributions |
| Noncash Contributions | 49208 | NoncashContributions |
| Total Contributions | 3363346 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| Student Tuition & Fees | 23295018 | 23295018 |
| Auxiliary Enterprises | 8242371 | 8242371 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 31537389 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 203779 | TotalRevenueColumn |
| Exclusion | $203,779 | 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 |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1183830 | GrossSalesOfInventory |
| Cost Of Goods Sold | 814542 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 369288 | TotalRevenueColumn |
| Exclusion | $369,288 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Business CodeBusinessCode | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| Other | 554322 | 554322 | ||
| Conference Services | 383180 | 561499 | 383180 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 937502 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 36411304 | TotalRevenueColumn |
| Related Or Exempt Function Income | 32091711 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 383180 | UnrelatedBusinessRevenue |
| Exclusion | $573,067 | 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 | 9673588 | Total |
| Program Services | 9673588 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
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 | 730500 | Total |
| Management And General | 730500 | 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 | 8038859 | Total |
| Program Services | 7360773 | ProgramServices |
| Management And General | 178202 | ManagementAndGeneral |
| Fundraising | 499884 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 549449 | Total |
| Program Services | 489010 | ProgramServices |
| Management And General | 43956 | ManagementAndGeneral |
| Fundraising | 16483 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1257224 | Total |
| Program Services | 1136546 | ProgramServices |
| Management And General | 87766 | ManagementAndGeneral |
| Fundraising | 32912 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 582681 | Total |
| Program Services | 538682 | ProgramServices |
| Management And General | 10729 | ManagementAndGeneral |
| Fundraising | 33270 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 373248 | Total |
| Program Services | 335092 | ProgramServices |
| Management And General | 38156 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26065 | Total |
| Management And General | 26065 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66100 | Total |
| Management And General | 66100 | 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 | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34097 | Total |
| Management And General | 34097 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 286016 | Total |
| Program Services | 229366 | ProgramServices |
| Management And General | 5097 | ManagementAndGeneral |
| Fundraising | 51553 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 261786 | Total |
| Program Services | 195664 | ProgramServices |
| Management And General | 35467 | ManagementAndGeneral |
| Fundraising | 30655 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 375285 | Total |
| Program Services | 250823 | ProgramServices |
| Management And General | 62787 | ManagementAndGeneral |
| Fundraising | 61675 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3299849 | Total |
| Program Services | 3174592 | ProgramServices |
| Management And General | 100587 | ManagementAndGeneral |
| Fundraising | 24670 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 706048 | Total |
| Program Services | 554108 | ProgramServices |
| Management And General | 79094 | ManagementAndGeneral |
| Fundraising | 72846 | 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 | 16360 | Total |
| Program Services | 14560 | ProgramServices |
| Management And General | 1309 | ManagementAndGeneral |
| Fundraising | 491 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 579330 | Total |
| Program Services | 579330 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2816782 | Total |
| Program Services | 2675942 | ProgramServices |
| Management And General | 112672 | ManagementAndGeneral |
| Fundraising | 28168 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 405443 | Total |
| Program Services | 395463 | ProgramServices |
| Management And General | 7984 | ManagementAndGeneral |
| Fundraising | 1996 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OTHER/MISC | 401254 | 287496 | 112318 | 1440 |
| Printing and Publications | 424233 | 396070 | 10960 | 17203 |
| Rental and Maintenance | 1263751 | 1227227 | 27439 | 9085 |
| Student Services | 2172067 | 1997353 | 27109 | 147605 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 303941 | Total |
| Program Services | 303941 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34643956 | Total |
| Program Services | 31815626 | ProgramServices |
| Management And General | 1798394 | ManagementAndGeneral |
| Fundraising | 1029936 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 175466 | BOY |
| EOY | 104303 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4111493 | BOY |
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1500458 | BOY |
| EOY | 1562054 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 166493 | BOY |
| EOY | 169591 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 764848 | BOY |
| EOY | 734671 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 89709880 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 36205961 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53350383 | BOY |
| EOY | 53503919 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17649045 | BOY |
| EOY | 18735114 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 907615 | BOY |
| EOY | 985289 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | 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 | 79219301 | BOY |
| EOY | 76388441 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4027134 | BOY |
| EOY | 1613817 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 177217 | BOY |
| EOY | 331916 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20193054 | BOY |
| EOY | 19406678 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4259378 | BOY |
| EOY | 2358744 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1653496 | BOY |
| EOY | 1695093 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30310279 | BOY |
| EOY | 25406248 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38863630 | BOY |
| EOY | 39777470 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1189043 | BOY |
| EOY | 1080374 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8856349 | BOY |
| EOY | 10124349 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48909022 | BOY |
| EOY | 50982193 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79219301 | BOY |
| EOY | 76388441 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1767348 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 305823 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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 | 77 | TotalAcreage |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | true | WrittenPolicyMonitoring |
| Staff Hours Spent On Enforcement | 10 | StaffHoursSpentOnEnforcement |
| Expenses Incurred For Enforcement | 4725 | ExpensesIncurredForEnforcement |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
Current Year CurrentYear
| 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 Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 16268897 | BeginningOfYearBalance |
| Contributions | 489489 | Contributions |
| Investment Earnings Or Losses | 2430235 | InvestmentEarningsOrLosses |
| Other Expenditures | 631961 | OtherExpenditures |
| End Of Year Balance | 18556660 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.45300 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.51340 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03360 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 821919 | OtherCostOrOtherBasis |
| Book Value | 821919 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 68523361 | OtherCostOrOtherBasis |
| Depreciation | 21480224 | Depreciation |
| Book Value | 47043137 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4476570 | OtherCostOrOtherBasis |
| Depreciation | 1385263 | Depreciation |
| Book Value | 3091307 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15888030 | OtherCostOrOtherBasis |
| Depreciation | 13340474 | Depreciation |
| Book Value | 2547556 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 53503919 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FEDERAL STUDENT LOAN FUNDS | $537,660 |
| CAPITAL LEASE EQUIPMENT PAYMENTS | $165,153 |
| ASSET RETIREMENT OBLIGATION | $992,280 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1695093 | TotalOfAmounts |
| Total Revenue | 36411304 | TotalRevenue |
| Total Expenses | 34643956 | TotalExpenses |
| Excess Or Deficit For Year | 1767348 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 305823 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 305823 | TotalAdjustments |
| Excess Or Deficit Per FS | 2073171 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 36717127 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 305823 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 305823 | RevenueNotRptdF990 |
| Revenue Subtotal | 36411304 | RevenueSubtotal |
| Total Revenue Per Form990 | 36411304 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 35458498 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 814542 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 814542 | ExpensesNotRptdF990 |
| Expenses Subtotal | 34643956 | ExpensesSubtotal |
| Total Expenses Per Form990 | 34643956 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X | Part X : FIN48 Footnote | 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 2007 and later are subject to examination by tax authorities. Areas that 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 or liability for penalties or interest. The College is not aware of any circumstances or events that make it reasonably possible that tax benefits may increase or decrease within 12 months of the date of these financial statements. |
| Part XIII, Line 2d | Part XIII, Line 2d: Other expenses and losses per audited F/S | Cost of Goods Sold $814542 |
| Part V, Line 4 | Part V, Line 4: Intended uses of the endowment fund. | 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 $416,000 and $558,000 in 2012 and 2011, respectively. This equates to approximately 2.1% in 2012 and 3.0% in 2011 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. |
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 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
| No Grant More Than5000 | X | NoGrantMoreThan5000 |
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarship Aid | TypeOfGrant |
| Amount Of Cash Grant | 9673588 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grantmaker's Description of How Grants are Used | Identifier |
| Explanation | College utilizes systems designed for financial aid to students and monitors activity and uses of grants funds on 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 |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOHN MILLS | NamePerson |
| Base Compensation Filing Org | 235675 | BaseCompensationFilingOrg |
| Deferred Comp Filing Org | 18396 | DeferredCompFilingOrg |
| Total Compensation Filing Org | 254071 | TotalCompensationFilingOrg |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|
| County of Franklin IDA | |||||
| 141763507 | 2011-02-24 | 10000000 | Construction Project | false | false |
| Franklin County IDA | |||||
| 141763507 | 2007-06-28 | 9340000 | Capital Expenditures | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|
| 10000000 | 217511 | 7713479 | 2286521 | 2012 | false | false | true | true |
| 9340000 | 190000 | 9340000 | 2007 | false | false | true | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 49208 | NoncashContribsRptdF990 |
| 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 (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Available upon request to College |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | 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. |
| Form 990, Part VI, Line 11 | Form 990, Part VI, Line 11: Form 990 Review Process | review is made by the Audit Committee of the 990 prior to filing. The committee then reports to the full board of trustees. |
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 | Hospitality Services to Campus | PrimaryActivities |
| Legal Domicile State | DE | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Paul Smiths College | BusinessNameLine1 |
| 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 |
| 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 |